We Are Drowning in Debt!
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- Опубліковано 2 жов 2024
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They lost me at 5 dogs smh
Absolutely ridiculous. Jeez. 🙄
Same here. They have sixty grand in CC debt and they have five dogs. Adios.
They need to get rid of the dogs. Then rent an apartment
I bet all their friends look at them with their 630k home, 100k income, 2 jeeps, 2 kids, 5 dogs and are so jealous, if they only knew the truth.
😮😮😮😮
Exactly. They appear wealthy while they are drowning in reality. It’s too common in America today. A lot of these people act wealthy when financially intelligent people know the truth
Returning groceries. Wow. All time low. I'll never understand why people like this. Tea
A lot of people living like this
Most Americans. Sadly.
I have one dog, and no debt, and the cost of keeping my one dog gives me pause. A dog is a luxury. Five dogs is an extraordinary luxury. If you are broke, you cannot afford extraordinary luxuries.
They don’t understand needs vs wants. They wouldn’t be in this situation if they did.
I get the impression there is a sign somewhere in their home that says, "live, laugh, love"
Or "Live like there's no tomorrow." Lol!
And a pillow/sign that says Home 😂
Guarantee it.
People living way above their means
Sad But true.some people wants to look rich.
Yep. These people are living way above their means.
I’ve done it before. I thought I could dig myself out of debt in two years. It took five (two of which were the inflation years of 2021-23). Longest years of my life.
Way way above
Returning groceries to Costco, now I've seen it all, LOL!!!🤣🤣🤣
returning groceries is one of the dumbest things I've ever heard
Never knew you can return food. Cant resell it
@@therealmvp232 I'm sure you can if it's not opened.
Like I always say first world problems.
So wasteful
She said that her Mom gives them $200/ month when she can but they have 10K in the bank, live in a 600K house, and have 2 Jeeps, and 5 dogs. There is Something is broken in their spirit. This is not the American dream but a nightmare.
This is the lifestyle many seem to want.
This is proof that just because someone has a teacher's degree, they can still be stupid. It's not rocket science. Adjust your spending and lifestyle, as in yesterday. Living on credit, and especially falling behind to the point where you get into a credit card "program" that tells you to NOT pay any of them and let it "trash your credit score"? I seriously hope neither of these people teach economics.
OR MATH😮@@dyates6380
Mom is getting ripped off
Right.... your an adult and living a luxurious life and getting $$ from momma and daddy?!?!
Talking about her Jeep, she said she bought it for $45K and she's "had it for a long time" and only owes $17K. That's very telling. She's had the car for less than 4 years. If you think having a vehicle for a long time is 3 or 4 years, you're doomed to waste money on cars forever.
I’ve had my 2008 Highlander since July 2011. I love it. It’s paid off and I’m hesitant to get a replacement. (Not that I need one now, but eventually it’ll happen.)
I agree Brian, it’s ridiculous how much money POOR people WASTE on cars. I mean, if you’re a millionaire then sure, get a nice car…
However, if you’re living paycheck to paycheck, then financing a brand new car… well, that’s a financial SUICIDE.
We just literally joined the 2 comma club yesterday. We have 3 paid off cars. A 2005, a 2008, and a 2015. All were used. In fact we just replaced the side mirrors on the 2005 this morning bc they broke. It's our emergency car at this point. I agree. She doesn't know what she's doing if she thinks having a new car for 4 years is a long time. What is wrong with people?
@BlueDauntless That's a Toyota though, no Jeep is going to be running 16 years later. They will still owe money on these Jeeps when they are in the scrapyard.
Agree! Keep the car till the wheels fall off (literally), that the only reason to buy a car rather it’s new or used..
Two car notes, 600k mortgage on 90k take home pay. Keeping up I see!!!
It is possible. My mortgage is 700+K, I have 5 kids, live in southern California and make just a little less than her husband...and wife is stay at home mom. Live comfortably...but not lavish by any means.
@@joelmartinez2278 car is second biggest purchase, they have 2 that are under water... that complicates things and it's more common than your situation.
@@AlenAbdula I don't believe his situation at all.
@@joelmartinez2278 then there's math.
@@thejuliasaro Me neither
Went into debt trying to look rich 😅 Now theyre crying.
Right.
Two Jeeps? You bought one big mistake and decided to buy another.
It's time this family started to do some homework before making purchases.
😂 That was the first thought that came to my mind
Haha, my wife and I still have a 28-year-old Jeep that we bought new. Our kids drive it now. They are a money pit if you can't do repairs yourself, but... they didn't say anything about car repairs contributing to their money issues.
but the ducks...
But it's fun to drive around with the top off with those beautiful Golden Retrievers...look at me!
@@shaneaguilar2209 It's a Grand Cherokee with a 5.2L V8. And no, it hasn't been reliable at all, just like ALL Jeeps that everyone I know has ever owned. I just happen to be good at fixing things.
Don’t feel sorry for you at all. Stop buying Shi** you don’t need !!!
My thought exactly. So much ego trying to impress everyone. Teachers with a $3200 mortgage and 57k on Jeeps? Insanity. I owe 2 jeeps worth 40k, but I’m a millionaire.
@@avfc2025 🤣🥰🥰🥰
06 Civic, 19 CRV.
They'll run forever.
Better choices.
Dogs are like kids.
Don't have them if you can't afford them.
@@ninerknight5351 agreed. But , is someone really impressed by Jeeps? They've always look so mundane and cheap to me.
Love how she jumped right over answering the questions regarding rehoming those dogs. There’s little to no hope with people who are this delusional
I think you meant "little", but I wouldn't be surprised if a litter lead to five more dogs.
@@patmichael8519 😅 omg the jokes literally write themselves! Edited
They should have cut the call after that.
I have met broke people with dogs and leave them to their own financial ruin.
As a parent, I would not give my adult kids a dime while they were living in a $600k house.
When she said that it hit me....they are using the rents as their financial safety net.
That’s cute that you don’t know what regional housing markets cost. Pretty sure you’re mean to your kids anyway.
@@rayhill5767 if your living in a $600,000 home you should not need help from mommy and daddy. Your comment is embarassing
@@thejuliasaro I’m guessing you’re Anglo. “You’re 18 years old. You better get out of my house and don’t expect any help out of me”. Sound familiar?
*you're living
You know life is bad when you’re returning groceries…
LOL. Very true.
Yup 😮 that’s a huge wake up call
They just chose that lifestyle to live beyond means and five dogs over two kids.
Her credit score getting “worse” is a good thing imo. Stop turning to debt to fix debt.
You don’t fill a hole by digging deeper.
It's more like they are digging a new hole to fill in the old hole. Get the original hole filled then turn around and there is just another hole.
“And now our credit is gone so we can’t get anything “ the getting things with credit was what put you in this mess
This lady is not running a household with 5 dogs, she's running a kennel club, LOL!!!🤣🤣🤣🤣
😅😅😅 It's going to be ruff if they don't make some cuts.
LOL. Very true.
@@vickieclark5931 dont laugh at other people missery bro
No one is going to rent a home to someone with five dogs unless the tenant is paying a huge security deposit
They will probably hide them and ruin the property.
They trashed their credit score. Can’t rent anything anyway.
They won't want the kids either. Remove the the dogs AND the kids, live in a vehicle until the debt is paid off.
@@christinebutler7630What do you expect them to do with the children, they are their responsibility.
Exactly.
They should NOT sell their home.
They won't be able to rent without good credit, and no landlord will agree to 5 dogs.
I reached 100k net worth this past week. Time to celebrate at Applebees with a half price appetizer. 😂
I'm the same way, the more money I make, I keep my lifestyle and spending habits the same. The only thing I splurge on is treats for my dogs and more road trips for my family and the dogs.
congrats!
Congrats dude! Keep going!
YES!! I'm all about H!. My favorite place of HH is Yardhouse! The key to financial freedom is to make as much money as you can yet LIVE on half that amount. Save and invest the rest and you should be ok.
@@terriesmith2616 I’m always looking for deals on food and wear cheap clothes that I buy on Amazon. I see people my age and a bit younger who have been out of college for a couple years, and the lifestyle creep is affecting them.
Never in life have I heard of returning groceries 😮
i witnessed someone return eggs to Walmart. And Walmart took the eggs back
Costco will take pretty much anything back, but yeah that’s such a WILD thing to do. Spend hundreds at Costco and then realize the next day you need that money for payments/mortgage…
Yeah that’s a new one.
I have returned items I put in my cart at Whole Foods before but I was in the store.
@@cyoohoosI've done it a few times. Its strange to me that people in this comment section didn't know about it. Didn't you ever see what people are holding in the return line?
@@kbanghartthat’s nuts, I can’t even imagine being that irresponsible. I’ve never returned a grocery unless it was defective.
Listening to calls like this makes me so happy I'm completely debt free. I don't owe anyone any money. Everything i own is mine, free and clear. The only thing i still have to pay consistently is the property taxes.
Same
💯
Same goes for me. Totally debt free and very happy with what I have!
And income tax. Federal only if you are lucky 😂
Same 💯💯💯
Her mother is giving them $200 a month for food and they're spending food every month for 5 dogs. BUT they have $10,000 in their savings? What? They need to sell their home and move into something.They can afford for their family. Unfortunately they put themselves in this situation overspending like crazy.
Teaching America’s next generation, folks. Every decision in this call was completely by choice.
Teachers. Ugh.
Scenarios like this are why teachers are always crying they don't make enough money.
@@brendamoon2660 If she makes $60,000 a year, it's $60,000 too much. She has _zero_ planning, math, finance, discipline, and common sense capabilities.
@@brendamoon2660yes, blame teachers for everything.
@@lot2196lemme guess, homeschooling?
Sell the house, re-home the dogs, rent, go back to work.
Bingo
They need to get rid of the car payments also.
Exactly,
Renting is not cheap. I know PLENTY of people who pay more in rent than my mortgage. Go back to work … ( why August you should be teaching summer school ) and you may need to take up tutoring.
It is cheaper if you cant afford to upkeep a house. If their AC goes out they have to pay it themselves. If they rent then that burden goes to landlord/ complex @cyoohoos
These two are teachers no wonder the public school system has went down the toilet
somethingsomething teachers deserve more pay... I imagine if they doubled every teacher's salary they'd be twice as deep in financial trouble and still not attracting good educators.
I know people who are teachers who I wouldn't trust them to watch my car keys unattended, let alone children. The quality of teachers has gone WAY down hill since I was a kid. None of my teachers had facial piercings, kool-aid colored hair, and were itching to talk about adult topics with 1st graders...
Your comment shows your ignorance.. i wish you experience worse
Hope they don't teach Math :)
So true
I feel like Jade wanted to strangle the caller when she mentioned potentially buying a house @6:15. She ain't parting with those dogs, she didn't even entertain that option.
Okay, you caught that too 😅
I would have ended the call after that.
They want to care and feed five dogs but so broke with two kids they are returning groceries back to grocery store.
No point in talking to those people.
she changed the convo fast after they mentioned the dogs.
I caught that!😂
She sure did. She’s not rehoming them. She’ll do anything else but that lol 😅
@@candy2325 rehome the kids before she does the dogs lol
@@candy2325the dogs aren’t the problem
@@candy2325 You can tell by her nonchalant "yeah"
5 dogs and 2 kids that's too much cleaning for me.😅
5 dogs, kids, 1300 in car payments, 600K house. And they bring in 5400 a month. Yeesh.
3200 mortgage! 🤦🏽♀️
You know whats not s good idea? Buying $90K in cars when you have kids.
😂 smart teachers ?😂
I have a lower mortgage, more income, and no cc debt or student loans, but have never even considered a $45,000 car.
Same people who want their student loans forgiven though because the system is “unfair”
Having car debt and kids isn't terrible for everyone. It's not a good idea to buy cars with their financial situation.
A lot of Karens believe you can’t possibly be safe with your kids on the roads unless you drive an oversized SUV.
The kids have nothing to do with this - they don't have the cash. It's a math problem.
This is really bad. They need to re-home those dogs, start saving and move to a smaller space. This is dangerous decadence honestly.
5 dogs is ridiculous. Really, any animal is not a good idea to have when you're having financial problems.
A $600k home in Las Vegas is a MANSION! Living way beyond their means.
Not any more prices in Las Vegas have gone up
Too many people are too concerned looking good to their friends and family. Don’t be afraid to drive a Hooptie where all clothed and stay in a place that doesn’t make you look like you’re rich. Live below your means save and in the end you will come out on top.
Five dogs? Great!! And, have more kids!!
Five dogs?????? Why???????
Because they are irrational.
@@GG-zn5hx EXACTLY!!!!
Pets are expensive.
I have one dog and considering another this fall. I love him dearly, but I couldn’t take care of 5 nor would I want to.
Two Jeeps Tells me all i need to hear. Sell the 600k house and get your behind to work and the fact your laughing about having five dogs you clearly can't afford speaks volumes.
We can't buy food or put gas in our jeeps but boy do we look good.
Hopefully they don’t teach arithmetic
A big dog eats like a grown man
That’s a lot of poop.
I love how Jade is positive and has options ready to go to remedy the situation. God bless the Ramsey crew! ❤️
optimism is a requirement as a team member i wuld presume ...
They couldn't afford that house even with her income. Why are banks loaning broke people this kind of money? I will never understand the stupidity of people.
but remember 2008 won’t happen again because “things are different this time”
@@unisonosc1617 You took the words out of my mouth...it's 2008 part deux.
She was probably working when they bought the house.
Banks are counting on the foreclosure. They pocket whatever down-payment they scraped up and resell the house to the next sucker
@@HB-fj3iiI can almost guarantee she was working and already pregnant with the now 2 year old and they needed to “upgrade” because of the new baby and not having enough space (because with 5 dogs the house is probably CHAOS even if they are well behaved. Then she decided to “be a stay at home mom because of daycare costs”…
People will literally be homeless with their animals before they get rid of them. That's something I'll never understand.
Ya you will never understand “loyalty”
Some people make decisions based on their feelings and emotions; not facts and reality. An 83 year old called in nearly crying about $30,000 in debt because she is short every month $200. She charges what she is short of every month, but can only pay the minimum payment. However, she spent more than $200 on a vet bill!!!🤔
@@floppercosplay5262
I understand kids as priority.
But feeding and caring for five dogs while raising kids and returning groceries because you can’t afford them makes no sense to me.
These are the people who are teaching children.
Happily homeschooling!
@@sitcomchristian6886lol homeschooling... The most uneducated parents ever
Bingo
sadly i have a family filled like this and this is the way to do it now.... sad.....
@@kbanghart Nah. We are both college educated, live on one income, are debt free, and have children in college who are keeping a 4.0. Very similar to all our homeschooling peers.
The caller and her husband can't even make good decisions for their own children, I wouldn't want those two teaching mine.
Homeschooling for the win!
Y’all are doing too much with these dogs and cats. There is no way the dog will be eating before my family…NO WAY
They might’ve needed to put a couple grand on the credit cards to pay for their kids to eat in desperate times but they definitely didn’t need to go out and get two nice jeeps. Take some responsibility
Why isn’t one of them working nights/weekends? Why are they waiting until she starts working in August? No childcare needed.
Because they're morons.
Dog are the priorities, no dog deserves living in an apartment. It’s not a lifestyle for them can’t afford downgrading
Not !
Why doesn't anyone tell her not to talk with the phone upside down?😂
Absolutely- He works during the week and she should have been getting her ass out of the house on nights and weekends working!!!! How does that not occur to her or him.
@@thejuliasaropossible that her husband doesn't want to care for his kids alone.
He might want to focus on grading papers from students in his classes. So he wants her there. Until the kids are in daycare.
These are the folks that live across the street and have it all.
Bwhahahahaha, my neighbors across the street have gone through SEVEN different new cars since I moved in 2 years ago, oh and a new boat and motorcycle. They currently have 4 cars that are 2022 and newer and only 2 drivers… it baffles me how that is physically possibly
Mortgaged to the hilt😮😅
@@JamesJamersonIsAGodmy neighbors go thru tons of cars too, but it's cuz they're Russian or Armenian and they deal in stolen cars and parts 🤦
Every single decision is more debt: bought a Jeep with payment, bought another Jeep, ignore the student loan, get a dog, get 4 more. Have a kid, can't stop there, must have another. Now the wife have 2+5 reasons to not work and stay home.
Fellow Las Vegas resident here. She can rent a house for $2000 EASY - but it’s not going to be in the affluent area she’s used to. It’s going to be in a regular middle class neighborhood (which are great out here) . With the price of her home, I have an idea or two where she lives. It’s expensive and definitely upper middle class. She just doesn’t want to downgrade and make the sacrifices to get debt free. SELL the house. Pay off the debts with equity, and maybe even downgrade those fancy Jeeps. Get a $2000 rental. And go back to work. That’s what needs to be done. She doesn’t want to give up the lifestyle and what it looks like to others. Stop thinking about your presentation and image and start looking at the numbers!
Yup. Over 500 properties for rent currently under $2k/mo. on my search.
From what I see on my real estate app and a friend of mine living there once you cross $2300/mo. the homes to rent and areas look very nice but many homes are too big for what they have(2kids). All they need is a 2bed/2bath with a laundry and get rid of the dogs.
Pretty sure I know where that might be as well, I mean there's several areas it could be, if you fly in or out of Vegas for any reason and drive around the airport you can see the areas.
@@blackworldtraveler3711but you also have to filter out the landlords who won't rent to people with pets. That cuts it by about half, probably. Plus they'll require extra for pet deposits, that'll be another excuse why they can't do it.
@@blackworldtraveler3711 I agree with you. Notice how quickly the conversation shifted when rehoming the dogs was mentioned. The dogs are too much. They are a luxury at this point.
@blackworldtraveler3711 not that allow 5 dogs
Dogs are expensive if properly taken care of !! Between food and vet care. Buying two Jeeps !! One is a money pit. Hard to feel sorry for people like them !!!
Definitely. We have one. And it’s tempting to get more, but we realistically cannot afford another dog.
We also have senior cats. And they’re aging and need care and meds we didn’t really plan for. (We got them within a year or two of each other. They’re our first pets as adults and clearly didn’t think about what their needs would be as they age.)
Yeah, I have 1 cat myself. I've thought about getting another kitty, but decided to get into a better financial situation. My situation is pretty good, but before I get another one, I want to be even better off. I want to make sure that my house is paid off before adding a new kitty to my home. Pets can be very expensive. Food, litter, vet, etc. And that doesn't even take into account if an unexpected medical situation comes up all of a sudden. We have to love our pets enough to make sure that we can take care of them. If one of their dogs gets really sick, how are they going to pay for it when they are already drowning? The poor dog may die because they can't afford the vet visit or the medication that the dog would need to be able to save its life.
Exactly! I know too many people who think some cheap dog or cat food is all it takes to have pets. People forget or ignore vet costs. Our 14-year-old cat cost us about $3000 in a 5-week period this past spring. We can afford it, so it was fine, and he's doing pretty well now. But our 2 cats both have health conditions that require prescription diets and regular vet visits and meds. It's expensive! Too many folks forget that pet ownership includes getting them the medical care they need. It's a money suck, but necessary, so you have to be able to pay for it.
I don’t own a dog but ask neighbors about theirs.
Vet bills and food are whipping many now …..well most could not really afford them to begin with if they had done the math.
Only people I see with no issue having a dog are retired and handful of others who have money and know math.
People are beginning to release their dog out in the country and drive off. This is a type of economic meter in Oklahoma.
Kept buying and buying and buying. 😢😢
I hope they don't teach math. I wish Dave had taken this call.
Hey young couple, go get yourself a starter home.
Nah, we're just gonna skip forward 25 years and get our dream house.
I always wonder at what point these kinds of people think $900 monthly payments for a crappy Jeep. Ummm, that's a great idea, sign me up...
I just KNOW her insurance is $400+
There’s no way it’s not someone else’s car payment.
They have dogs like my annoying neighbors because they're status symbols. However, no one wants to take care of the dogs. They let the dogs out to bark all day while they go back inside to make more kids they can't afford. THAT is the problem
owning a dog is not a status symbol
I agree ,many people own French bulldogs Labradoodles because they are popular and as seen as luxurious dogs
@@thejuliasarojust because you don’t know that doesn’t mean it’s mot
It is for some people.@@thejuliasaro
They will be fine she just needs to go back to work. But I feel they will just increase there lifestyle.
90K buying a 600K home, the math doesn't work without all the CC and car debt.
Mom will bail them out again.
Yeah. I just can't fathom a bank loaning money on a 600k mortgage to a couple that makes 90-100k. The math isn't mathing. Honestly, even people making 200k shouldn't buy a home that's 600k.
@@sometimeslifehandsyouapple1085 I agree.
I make a little less than 90k and bought my house last year for 159k. Payment is $880 a month. I could've bought a more expensive house but didn't wanna be house poor. These people are insane buying a house for 600k.
@Chopsuey087 It's incompetent on both the owner and the bank. The mortgage would be damn near 50% of your net or more.
Feeding and caring for 5 dogs probably costs them $1000 per month. Living way beyond their means.
Just wait until the dogs start having health problems. I like to watch Caleb Hammer, and literally every person buried in credit card debt has a pet. Don’t get a pet until you can afford it, people!
Vet fees are ridiculous. Dental care and regular health check alone costs $300 a month.
@@LoljjkbI have a bunch of pets, lol. I never spend anything near to that.
@@markroberts8975um, no. Many of us don't plan to spend a lot on our pets.
@@kbanghartSpeaking from experience, just wait until you start getting some unavoidable vet bills - they can add up real quick and be incredibly expensive. This happens more and more as pets age.
What’s wrong with a €300000 k house ? A second hand car paid for in cash. People need to budget for children and dogs. Can’t afford them? Don’t have them!
These people live in a different reality😮
not in a different reality... it's a real reality and people like us will suffer and pay in some form or fashion....
And they will be teaching our children??!
My husband makes $8,000 per month (take home pay), and we refuse to go into debt. I'm a stay at home wife and mother.
Wait!!...FIVE dogs?!?!
Yep. Not one dog, not two dogs, not three dogs? That's not enough dogs! We need five dogs!
Stay at home mom??? She needs to get a job
These stupid Jeeps need to go!!! And the dogs!!! An animal is not worth this! Good grief people. Enough with animals that you can’t afford.
They let you bring groceries back? Crazy
Never heard of this. That's badd.
You just got to keep the receipt and you can’t open what you buy
Think about how nuts that is waiting in line at Costco to purchase your food and then going back the next day to return it. Only in LaLa Land of foolishness and greed.
Maybe it was a months supply of dog food!
@@psoteriou3884 The dogs are eating Filet Mignon. 😅
Five dogs are way, way, way too many. Even one dog can cost a LOT to maintain for a year.
Nothing will change for these 2 until they change their spending. Sounds like the caller has been indulged throughout her life and has zero understanding of hard times and what to do.
5 dogs is insane. Please re-home them… I know we make jokes about always feeding our pets better than we feed ourselves but don’t keep putting yourself underwater to keep them afloat. Give them to families that can afford to take care of them so you can take care of yourself FIRST.
Dogs have priority over kids for some people.
It’s rare that I hear about people like this actually with kids though but they are out there.
@@blackworldtraveler3711 it’s just not healthy to do that because the pets end up suffering anyway when you can’t house them properly. 😭
630k house on a 90k income? Um….. no.
I'm looking at 50% down on a 300k build with 100k combined income. People are crazy stretching themselves thin
@@kylerowland1227you are a genius, you will not regret that choice
@@kylerowland1227what will your mortgage be? 30 or 15 year?
That’s the case here in Australia. In fact it’s worse. It’s crazy here
Insane
I think they need to stop leaning on family- money from her mother, family minding their dogs.. grow up and get back to work
Yes it is called adulthood.
They have two Jeeps and getting help from mommy.
Right.this dumb😮and sad
Her financial situation has gone to the dogs. She needs a 6th one.
They are not here on the show because they dream of being debt free…. They are here because they are absolutely at a credit dead end. They seem happy to continue, but available credit dried up. Wake up call… and they already hit the snooze button too many times.
Now a days to have 5 dogs you must have huge disposanle income as one trip to vet for one dog can be hundreds upbto $1000. Super wealthy people can sfford 5 dogs
Thank you, God, for brains.
How did they even get approved for a home like that on that salary? WTF- Everyone is harping on the 5 dogs but they cant feed the 2 kids they have. Lady, you never should have been a SAHM- she could have been working after her husband came home from his job!!!!!!! WTF As a huge dog lover I would say rehome the dogs- hell the dogs probaly want out also.
Come August I will have had my car for 14 years.
Cars and kids are typically the problem for most broke people!!
Nope! Poor money management is! No impulse control and don’t understand the value of a dollar
@jameywallace5133 They play into it but it's not by accident that those with poor money management skills also have poor life management skills and judgment so they have more kids than they can afford and they vehicles they don't need.
Houses and student loans too.
No one ever educated these educators about trying to keep up with the Jonses. So now they live in a 600k house they can’t afford, with 2 little kids and 5 dogs and 2 cars they can’t afford. How to fix it? Simple. Quit making bad choices. Find more income. Get on a budget. Quit relying on mom to save them and pay her back. Because as much as she was trying to help, she has only enabled them to continue to dig themselves into a deeper mess.
This certainly sounds good too, but I think it's still worth considering more reliable options like the Unimantic platform with their MEV bot network.
Chasing the American dream fueled with debt. A lost cause.
The "Honey I bought a Jeep". ad😂😂😂
See "Lexus to Remember" SNL skit
Banks & lenders like people like this lady 😊
If you really think about it , what’s there purpose to destroy people’s lives in order to make them look better in the stock market
Return groceries? What on earth
Get rid of the dogs. The dogs need new homes so they can downsize.
Get rid of the dogs and rent. At this point in her situation dogs are a luxury.
Yeah, especially if there are 5 of them. Dogs are not cheap. What happens when one of them needs medical attention? That would bankrupt this couple very quickly since they are living on the edge of financial ruin as it is.
Borrowing a ton of money for two Jeeps? Big mistake, I wouldn't even buy one of those vehicles if I was a millionaire and paid cash for it. Brand new Jeeps depreciate REALLY quick.
And they are really poorly made hahaha
Depends on the model. Jeep Wranglers are actually near the top of the list for lowest depreciation and have been for many years.
@@BrianW211
Depends on the household.
Top of the list model for lowest depreciation is still a car payment and does nothing for all the debt,two kids,five dogs,groceries,childcare,or a mother who’s not working.
@@BrianW211that's because most are a low mileage trade-in vehicle. They spend more time back at the dealership getting worked on than they spend on the road.
Buying that house was the issue. How did they qualify for a 600k mortgage on less than 150k a year income? As far as the Jeeps, their value is horrible, but Dave has said to not purchase a vehicle more than 1/2 your income so the cars weren’t the issue. 90k is 45k. The highest priced jeep was 40k. Definitely rehoming the dogs was good advice. Some folks care more about animals than the Humans they birthed out their own body🤦🏽♀️
They have 2 of them....
Actually he says that the value of all your “things with motors” COMBINED should be less than half your annual pay
@@semosancus5506 I stated the Highest priced Jeep was 40k, so I’m aware there were two, but only mentioned the most expensive one against the higher income.
@@montymython754 She said the New income for her teacher salary would be 60k, so she was working in the past when they purchased Both Jeeps. Both Jeeps were more than likely less than or just at 1/2 BOTH their incomes at one point of time.
They just look like they're wealthy, like many others. Keeping up with the Joneses...smh.
They have to get rid of the dogs, sell the house and eat the loss on the car. That's the reality. I wish them the best and hopefully they will learn for this.
You don’t need a car.
Walk
Bicycle
Skateboard
Scooter
Uber
City bus
Greyhound bus
Light rail
Amtrak
Friends
Family
Craigslist ride share
Rental Car
Hitchhike
Please don’t let her teach kids
I get the sense that these people will never learn how to handle money responsibly.
They have their priorities mixed up. They buy expensive cars, feeding 5 dogs, and live in a 600k home with a 90k income. But yet they return food. SMH
Shouldn’t have bought the damn cars!!
Or the house
We have 3 vehicles 2002 ford ranger, 2002 Toyota Camry and a 2009 Honda civic coupe. All paid for all have liability insurance only. Mint paint jobs no dents or major scratches inside and outside. Maintenance records, up-to-date and running at tiptop shake. No need to buy new our cars get us from A. to point B. Friends and families spend money on car payments and insurances on their vehicles. We put money into savings instead of buying new cars. After the last 10 yrs of retirement we love the resolve of saving thousands a month into saving for emergency funds and etc.
5 dogs? That's ruff
LOL
This is so messed up! They have bigger problems.
Truly babies having babies, too! They have two kids and five dogs dependent on them, and they can't even afford to eat. Not a whole lot of hope for these two, unless they start acting like adults. Her tone in the call is acting like this all just happened to them, and they had to do what they had to do to survive.
Why did you think you could spend, spend, spend? Day of reckoning! If you aren’t working, sell 1 Jeep. Sell the house, or rent out some rooms in the house. From now on, buy used, live frugally.
My girlfriend and I are dink hybrids.
We may not want kids but certainly would be our priorities over dogs,new cars,and debt if I had them.
have a couple of more kids, and get some more dogs, everything should be okay in a few months.
Jeepers!
😂😂
Jeople
Creepers?