I have a 30 y-o daughter, great career, decent income, but can't control spending and has about $25k in debt with no plan for repayment.
She disclosed these debts to me, her father, about two months ago. She's suppressed a lot of guilt and embarrassment. I'm not allowed to tell her grandparents or boyfriend for example.
I crafted a plan that would get her to $0 debt in four years, and requires her to cut her daily spending to about $25/day.
She can't seem to do it. Her daily avg. is more than double that amount.
It has become a case where she is blaming her father for meddling. I "just don't understand her lifestyle."
Writing is on the wall and she's not going to change while I'm her financial advisor.
Any recommendations for small-scale short term financial advisors for a young woman like this?