I know at least one supplier who lives like this financially. They and their spouse have above average incomes, but large debts, and constant spending on expens

I know at least one supplier who lives like this financially. They and their spouse have above average incomes, but large debts, and constant spending on expensive vacations and house renovations. They have jobs, so they don't go over the edge. But it's basically one step removed from the more extreme situation highlighted in the article.