A plea for help: Couple makes $25K a month, asks for help making ends meet

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VANCOUVER — A Vancouver couple — the husband a physician, the wife a dentist — are living rent-free in a relative’s home, have a live-in nanny, own a $1.1 million residential lot and make a total of $25,000 a month.

But the parents of five claim that they’re barely making it by.

That’s according to a financial column in The Globe and Mail, where the couple wrote to for help.

In their letter to the Globe, Eric, 41, and Elsa, 39, said Eric makes $200,000 per year working at a medical clinic. He makes an additional $100,000 teaching one day a week at a university.

Elsa makes $150,000 per year as a dentist.

They said home prices in their community have doubled, and they have plans to build a $1 million home for their children and live-in nanny. They send all of their children to private schools, costing $5,400 per month.

On top of that, they’re each $6,000 in debt every month.

According to the Globe, their monthly costs include: $3,800 for the mortgage; $2,000 in groceries; $1,000 for children’s activities; and $2,000 for vacation and travel.

The Globe’s financial planner suggested Eric work an extra day a week at his medical clinic to cover their deficit spending and cover the cost of building a new home.

Read more here.