Even if you did it is not a good option. None but the parents can properly serve that role for small children. Parents are not interchangeable with other adults, especially if not related.
He has grandmas call in, too, and they need money. Pay a fair market wage so you won't feel bad about taking advantage of another. Or, do what we did and have one parent work midnights and one work days. We never paid for childcare and our sons were raised by us. Do whatever it takes to improve your situation.
There's also a speculation thing, where you predict where future development will happen, buy up whatever land you can for cheap, then wait for people to come buy it from you when and if the development actually happens. Super risky and you have to be one jump ahead of the big money guys.
The housing market is frozen solid. High prices haven't been brought down by interest rates, so only the wealthy can afford to make moves in real estate.
Did you listen. He buy land, and then resell it. Sounds more like a wholesaler. Where he buys land, then find someone to sell it to. If he can't find someone in a set time, then the deal does not go through.
@John3.36 If one wage is going to childcare, the wife may as well continue to stay at home. The husband and wife each have to make more than the cost of childcare in order to get out of their gaping financial hole.
These financial clips are why I no longer assume someone who owns their own business make bank. The reality is a significant number of business owners don't.
The ones that assume a whole bunch of debt tend to start off very strong but flounder and implode at the first downturn. The ones that run within their means struggle with finding the capital to invest and have trouble with growth and scaling because of it. The few very successful ones will typically find a niche with limited competition and maximize reinvestment into the business to corner that market. Not a short process without debt but the debt carries massive risk.
@underfiremaf8307 I started a business, which I operated for 33 years until I retired. I never took out a loan. While it was challenging at the beginning, it was a blessing not to have any debt to service along the way.
@@CM-cy3qo oh I know many work very hard and put in many hours. It's great when it works out. But i think i may have heard or read that 2/3rd of all businesses fail by the 3rd year. Certainly not for me with all the stress involved
People this is what Millennials, Gen Z and new gens will live. They keep spending and traveling with broke family and friends then have an oh crap moment. Thank's for calls like this we live and learn and on route to a great retirement. Wish this caller the best. They will need to work hard for several years without derailing ❤
I'm baffled by Millennials' and Gen Z's financial habits. Lots of spending on luxury items and experiences while saving/investing a minimal amount, if any at all.
@@lot2196I mean boomers are the cause of most of the issues. Unless you think home prices and education rising at 3x the rate of wages and the $35 trillion national debt and out of control inflation are major causes of the millennial struggle….
I agree. There’s a strange trend going on in this country. Women are getting in massive student loan debt, start out on first job live in a small apartment. First decent attractive guy with promise she marries and gets pregnant. Then all the sudden work isn’t an option.
@@HelosWorldRailroadReseller Seems inefficient, after all we do for women and girls to promote them through academia and in the work place, then they just leave to be stay at home mothers. Too bad a guy who actually wanted to work wasn't given those opportunities.
@@zvmZvm0102 Indeed. If she hasn't worked for 6 years and has just had her second child, she clearly didn't go back to work after the first child. The first child was probably at school before she had the second child, so there was a period where she was just at home on her own doing nothing while her husband was desperately trying to make enough money to support her.
It sounds like the debt is the result of his work not going well and them digging deeper and deeper into that hole rather than him just going a getting a salaried job.
I find it interesting that she says he is “bad at his job,” as opposed to saying that the market changed and things are no longer sustainable. Saying he is bad at his job sounds accusatory, like she believes he can be doing better.
If she puts the spotlight on his "failure" she can be absolved of any responsibility and continue to stay home. Ideally every parent could stay home with their baby but clealy they didnt plan for that well enough.
I agree. She says he went from making $200,000 to basically nothing at the present time. The real estate market is not as active as it was in 2022 and 2023, but it has not collapsed. It sounds like he has something else going on that has impacted his ability to work.
My husband is a po and works nights and i am in IT working normal hours. I see zero ways to avoid child care expanses. In 21 century it is bizarre to see females avoiding building careers.
So your solution is exploiting an older woman by paying her a fraction of what you should? You guys never suggest that SHE take in another child to watch, which she could do. She can also work while he is off work.
Plus, he's greatly overestimating the supply of sweet grandmas who are just longing to take your kids all day for a few bucks. Watching a working family's kids is a huge commitment and more than a full time job. If you include commutes its 9-10 hours a day at least.
@@EmpressMermaidin addition I would NEVER leave my kids with a "a granny" who doesn't know them, may not care about them, and may allow abusers around them. In general you should keep people who would work for a subpar wage away from your kids. People always look for their own benefit. If they are not getting paid to be around your kids, how else are they benefitting? It's just not worth saving some cash to expose your kids to dangerous situations.
Go back to work no one's buying in South Florida those houses are overpriced and the HOAs are ridiculous I was born and raised in Florida and left I just couldn't sustain hubby better learn a new skill set and you go back to work until things get better
the first step to gaining wealth is figuring-out your goals either on your own or with heIp of a financiaI pIanner and foIIowing through with InteIIigent pIans; you wiII gain financiaI growth in no time and enjoy the decision of managing your finance
I am fortunate I made decisions that changed my finances for the better (gained over 1M in 2yrs) through my financiaI pIanner. Got my 2nd house in May and hoping to retire next-year
Currently all sales jobs are cutting costs and employees. Towing companies are looking for drivers to collect repo's 24/7. Highest volume of repo's ever.
@@rvog6584 CDL is only needed for the heavy lifters. Pays much better than delivering food. Big banks are paying an additional $500 per repo as finding tow trucks is difficutlt now.
EXACTLY!! My wife and I are not having kids until we are stable financially. You only multiply the problem when bringing kids into the picture when you don't have a pot to piss in!
@@janelleg597 Living on a farm, raising chickens, growing an orchard and a veggie garden, having a mortgage, paying taxes, working in corporate makes you grow up just as much as having kids.
1st you can do child care in your home. Charge 200 -250 a week for each child. 6 kids 1200 (200x6) that will clear you 4800 month to pay the mortgage. Since you said your mortgage was 2452 then you have 2348 left for food, utility, cell, car insurance. 2nd your husband get a better job or stay on Uber until he gets something better. You said your husband isn’t good at what he is doing. Then you go and make that money! Stop putting him down . Up lift him & you. And say I got a plan to get us back on top. Also to get your business started post flyers put it online Facebook create a website. And most important have confidence when you out here trying to get your business started. As women to women always have you something in your back pocket. And that goes to anybody!!
Yea… that’s the risk of working commission or flipping properties. The risk is big and the rewards can be huge… it’s a gamble and that is the hesitation for most people. If it goes south… it can be tough…. And here we are. This is the situation most people are scared of being in. He made 200k…. Should of saved for a rainy day
Ken stupidly places that as the last resort, placing lifestyle above children. But the Ramsey cast are all stupid and greedy. It’s a prerequisite for getting the job - he only hires people that have been insanely stupid with money and learned just enough to regurgitate Ramsey wisdom as disciples
@ChristoherWGray i wouldn't call him a boomer. He's right on many things...minus credit cards. If you are buying stuff anyways food etc...points are a nice bonus.
I kinda doubt he's all that hot of a real estate flipper (after all, that's the way Dave went broke). Everybody looks like a genius in a hot real estate market. Conditions like we're currently experiencing separate the skilled from the unskilled.
They both sound very unaware how the economy works and young emotionally. Her husband may not have even been is business long enough to experience all the business cycles or he would have planned for them (financially and having the baby). They sound surprised there is a slow time. She is playing the 'I had a baby' card, so she thinks that is her free pass.
Real Estate people love to "live the lifestyle" and spend big when the money is good. Now that things have slowed down they are left out to dry. Many such cases.
Once again (this is about the third time he's said this), Ken greatly overestimates the supply of "nice Christian ladies" or "sweet grandma types" who have nothing better to do than take on the full time job of keeping working family's kids for a few hundred dollars. He's also telling on himself. He's pretty well off but stating he takes advantage of and underpays sweet church ladies.
I made $50k on one house by replacing the carpet, doing some painting, and building a deck. Took me about one month of work on the weekends. Then tried to do it again and broke even because couldn't find a buyer, the improved house just sat on the market for 8 months. Decided to consider myself lucky and stick to my day job after that.
It doesn't sound like he was flipping houses (although that's what I assumed she meant at first). $15K for closing a deal sounds more like he's a realtor.
Daycare is like $7/hr, how are you going to find some neighbor or old lady from church who is willing to take care of an infant for 45 hours a week, for less than $7/hr??
Being a commercial underwriter is a decent job. She just didn't want to keep doing it and found a man that wanted to give her the life of leisure she wanted but wasn't able to follow through...
Right she's happy when the money's coming in she is spending his money living in his house (she probably chose it) driving a nice car racking up debt but as soon as he's struggling "oh he's not doing his job his buisness is failed he's a failure"
@@shamoblamo9625 Pretty soon she won't be happy and we know what happens than don't we. The courts come grab him by the ankles turn him upside down and shake what's left out.
@@Yogastrong908 There's a study I've posted links to it before that when a man loses his or has a business fail there's a 70% chance of divorce even if he finds other employment the chance of a divorce is 40%. When the genders are reversed the odds of a divorce is in the low 30%s.
The husband in this calll sounds like you... a failure and a loser! You'll probably blame that on someone else, but it's YOUR fault that you are a failure and a loser! As for me, I am successful in life.
most realtors only sold either one house or less than 5. think 50 percent was either 0 or 1. 70 percent less than 5. its a joke with brokerage's fees too.
These folk make me feel financially secure. I rent a nice room in the city centre at £495 all bills inc and work for the government full time taking home £2000 per calendar month. £4k savings and no debt. no kids and no wife
Find local mom's club, many forming coalition type childcare arrangements @ fraction of cost. Great socialization for child & less germs/illnesses than daycare. Would offer sense of community this couple needs as well 🙏🏼
I’m confused. Why aren’t they working opposite shifts’? If he’s doing Uber, she can be working in the morning doing underwriting or whatever while he watches the kid and then they switch. You can have someone come in while you’re home to give some relief while you sleep but they are not doing everything they can to fix this. I can’t imagine making $200k per year and having no nest egg to fall back on. This is nuts
@@KathleenMcNe exactly. Dave would have definitely asked how they are broke based on last income. I just wish they would have dug deeper. She seems quite oblivious though so it may have resulted in nothing smh how sad
Thank god I never had kids. I had a friend fellow brother in arms. He served 14 years in Army was deployed to Iraq twice. When he got out of the military at 39-40 years old he became so lost severe PTSD, drank like hell, did every drug known to man and couldn’t hold a job longer than a month. He was receiving a measly VA Disabilty check of around $1900 a month. I let him live with me for 6 months and it was worse 6 months of my life while trying to help him fight his demons yet he was not ready to help himself. One thing he told that I never forget is that he never wanted kids because he was having to much fun and didn’t want the added responsibility of another human when he admitted he was living so reckless and dysfunctional. I always respected him for that despite his crazy habits.
They have 94k in consumer debt and it's unfortunate they didn't ask how much was CC debt. If they have 74k in student loans, and 20k in CC this isn't that bad. If the house is worth 400-500k then they still have 34-134k in effective equity still including the HELOC.
I hope I never get to the point in my life where my wife calls Dave Ramsey behind my back. Also thankful I’m not married to a woman who took out student loans to be a SAHM
Child care is more than care, it’s nourishment of their minds and hearts. It cannot be done by anyone but the parents. What you suggest is not an option. The advice is here is bad. Instead, sell your home, downsize to the tiniest apartment you can live in, near family. They didn’t even ask about your cars but trade for something you can own. Most of the debt is now gone and he can work two jobs for a couple years.
@@jeffb.4800 1. Stop sleeping. Work three 8 hour jobs. 2. Since you are always at work, you don't need a house. 3. Stop eating, it's a waste of money. 4. Leave the kids at a church and hope they end up with a nice older lady. Lol actually that's basically the Ramsey advice. Mine is just to win the lottery. All you have to do is pick the right numbers, it's so easy anyone can do it.
He was making $200,000 a year, but they have $460,000 in debt and no savings. This is what happens when you spend irresponsibly and fail to build any savings. She should go back to work and he needs to find a better paying job.
I’d love to bet that she does not. You heard a voice and your intolerance is showing. Use your head. Interest rates were near 0 and the market was red hot. Every realtor made money.
I think you should sell the home and get out of Miami and move to a cheaper state to rent around 1k or less even if it's a small house or apartment. My parents did it and it was the best decision financially when I was younger. You could work from home in the new area as well if you do not want to move back with family it is not guarantee they can take care of the baby.
@@zvmZvm0102 i dont think anyone who has been out of job for 6 years will be considered 2nd for 2 kids her childcare will cost more than her income easily Not saying she cant learn or do something wfh but she cant afford childcare
I pray over this family so they can come back and show they got out of their mess! I hear husbands fear and him giving up. I realise society acts like it no longer values men of character that want skin in the game to nourish and protect their family. I love and respect men taking care of business. This man needs to know this again.
If your husband not on the same page get out and do it anyways because more you stay home no more chance of getting hired in your specialty which is underwriting. To be honest you are already late 6 years is a looooong time to be home .you most likely would start at very low grade pay scale wise. But it is never late to start. Good luck to you.
I really want to know what goes through women's heads (and I'm sorry, this is really mostly women) when they got into massive student loan debt to be stay at home wives. I couldn't even sleep if I made my partner pay for my degree that I'm not using.
They aren't stay at home WIVES, they are stay at home MOTHERS. Childbirth changes women. It's very traumatic and no one is the same after. Some women don't care much about their kids and go straight back to work rather than raising them. Some women aren't able to raise their kids due to poverty or other disorders. However when there is a husband involved it is his duty to ensure his wife will be able to either raise their kids or pay someone else to do it for them. The woman gives up her body, mind, and purpose to have the children. The man should provide everything else. If either spouse cannot do that, they should not have children.
@@kdc3065 On the contrary, she shouldn't have gotten a degree if that was her calling. Don't go into massive student debt knowing you want to be a stay at home mother. If you want to be a mother afterward, postpone having children until you clear up your debt which is entirely the responsibility of the woman as it's her body, her choice, then focus on being a mother. Be responsible for your choices and make prudent decisions instead of doing what you feel in the moment.
@@scammerzacc I agree with that. People should not have kids. However most people don't plan on having kids; it just happens anyway. The only way to prevent pregnancy 100% is to not have sex. The husband bears responsibility to agree to abstinence, or to get a vasectomy, though even that is not 100% effective.
I would be interested to see how much he actually made. He took out a lot of debt and faked an income it seems. I am not a fan of the wife saying he is doing bad at his job. The real estate market is very slow. Nothing he can do. It isn’t a steady income type job it is up and down based on markets and rate. They planed for the market to always be hot and now have to deal with that.
"With everything going on in the world?" What the hell does that mean exactly? Like the war in Ukraine or Gaza? The guy is a real estate agent Let's be clear He isn't a high flyer doing so-called "property acquisition" Give it a break! Probably a flipper Musical chairs...when the music stops...You're screwed The fed has put the brakes on the insane real estate madness
For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2024 with $20k and I'm up with $232k in a short period of time
I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments?
I started working with devion back in February, and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.
@@Jhihmoac well simply in economic sense, they flip a positive bank account into a negative one. Something a lot of stupid people seem to be doing nowdays
tbh this infuriates me. There are people who came here illegally and are being given freely 4,000 a month just to make ends meet and they dont pay takes. These people have contributed to the economy and now theres no monetary help they would qualify for if they are citizens.
Bingo. And, they take advantage of our infrastructure, and they don't pay a dime for it. They're clogging up the roads, hospitals, schools, doctor's offices, and grocery stores. It's unreal. They all need to be deported so we can start fresh and enforce a legal, common sense immigration policy.
Man, this was a vey good call. People seem totally out of touch. Living in another country doesn't change anything.
“Find a grandma who you trust for a fraction of the cost of childcare”. Are you kidding? Where does one find a unicorn?
Poor grandma
This guy is a clown
And in south fl at that not a chance
Even if you did it is not a good option. None but the parents can properly serve that role for small children. Parents are not interchangeable with other adults, especially if not related.
He has grandmas call in, too, and they need money. Pay a fair market wage so you won't feel bad about taking advantage of another.
Or, do what we did and have one parent work midnights and one work days. We never paid for childcare and our sons were raised by us. Do whatever it takes to improve your situation.
Dang $150k in a heloc is crazy
All debt except a mortgage is crazy.
Is “property acquisition “ a fancy way of saying flipping houses?
Yep
There's also a speculation thing, where you predict where future development will happen, buy up whatever land you can for cheap, then wait for people to come buy it from you when and if the development actually happens. Super risky and you have to be one jump ahead of the big money guys.
The housing market is frozen solid. High prices haven't been brought down by interest rates, so only the wealthy can afford to make moves in real estate.
Did you listen. He buy land, and then resell it.
Sounds more like a wholesaler. Where he buys land, then find someone to sell it to. If he can't find someone in a set time, then the deal does not go through.
apparently real estate isnt doing so well right now
She gotta start working asap.she definitely can't be a stay at home mom
Sales jobs are really not as they were before.
Lavish lifestyle...huh
This happens when you don't invest properly and manage your money properly.
Obviously...
At least talk to an expert on finance management. There are really experienced advisors there. Experienced ones with qualifications
Indeed, I’m leaning towards a bucket strategy-keeping some money in cash for short-term needs and investing the rest for growth.
If he's bad at his job and she's employable then he needs to stay home with the kid.
No, they both need to work real jobs!!
@@jimroscovius Yeah one wage will go to child-care, and the other will go to bills. Sounds like a plan...
@John3.36 If one wage is going to childcare, the wife may as well continue to stay at home. The husband and wife each have to make more than the cost of childcare in order to get out of their gaping financial hole.
@@rayj.9568 exactly, so sending the wife off to work usually creates more problems in the long run
@@John3.36 I understand what you are saying. I didn't catch your sarcasm earlier.
"I have student loan debt but instead of getting a job in the field I got that debt for I'm going to sit on my ass at home"
These financial clips are why I no longer assume someone who owns their own business make bank. The reality is a significant number of business owners don't.
I think I read that the average small business owner makes around the median wage and works more hours than average
The ones that assume a whole bunch of debt tend to start off very strong but flounder and implode at the first downturn.
The ones that run within their means struggle with finding the capital to invest and have trouble with growth and scaling because of it.
The few very successful ones will typically find a niche with limited competition and maximize reinvestment into the business to corner that market. Not a short process without debt but the debt carries massive risk.
@underfiremaf8307 I started a business, which I operated for 33 years until I retired. I never took out a loan. While it was challenging at the beginning, it was a blessing not to have any debt to service along the way.
Most business owners work very hard and still struggle. After many years “some” of these then become scalable and very profitable.
@@CM-cy3qo oh I know many work very hard and put in many hours. It's great when it works out. But i think i may have heard or read that 2/3rd of all businesses fail by the 3rd year. Certainly not for me with all the stress involved
Grandparents are working these days.
They went through financial peace and do not follow any it
That's why Dave is so rich! Lots of repeat business...
@@thomasdalton1508
🤣
I think they just started it.
@@suen5006 I think she mentioned they just "have" the FPU.
People this is what Millennials, Gen Z and new gens will live. They keep spending and traveling with broke family and friends then have an oh crap moment. Thank's for calls like this we live and learn and on route to a great retirement. Wish this caller the best. They will need to work hard for several years without derailing ❤
I hate when they blame boomers, and Gen-z for their problems.
I'm baffled by Millennials' and Gen Z's financial habits. Lots of spending on luxury items and experiences while saving/investing a minimal amount, if any at all.
@@lot2196I mean boomers are the cause of most of the issues. Unless you think home prices and education rising at 3x the rate of wages and the $35 trillion national debt and out of control inflation are major causes of the millennial struggle….
It’s not his ability to work, it’s all this debt. Then let’s have a kid on top of this mess
She clearly doesn't want to work
I agree. There’s a strange trend going on in this country. Women are getting in massive student loan debt, start out on first job live in a small apartment. First decent attractive guy with promise she marries and gets pregnant. Then all the sudden work isn’t an option.
@@HelosWorldRailroadReseller Seems inefficient, after all we do for women and girls to promote them through academia and in the work place, then they just leave to be stay at home mothers. Too bad a guy who actually wanted to work wasn't given those opportunities.
@@zvmZvm0102 Indeed. If she hasn't worked for 6 years and has just had her second child, she clearly didn't go back to work after the first child. The first child was probably at school before she had the second child, so there was a period where she was just at home on her own doing nothing while her husband was desperately trying to make enough money to support her.
It sounds like the debt is the result of his work not going well and them digging deeper and deeper into that hole rather than him just going a getting a salaried job.
I find it interesting that she says he is “bad at his job,” as opposed to saying that the market changed and things are no longer sustainable. Saying he is bad at his job sounds accusatory, like she believes he can be doing better.
If she puts the spotlight on his "failure" she can be absolved of any responsibility and continue to stay home. Ideally every parent could stay home with their baby but clealy they didnt plan for that well enough.
But maybe he isn't good at being in his own business. It may have nothing to do with the market.
I agree. She says he went from making $200,000 to basically nothing at the present time. The real estate market is not as active as it was in 2022 and 2023, but it has not collapsed. It sounds like he has something else going on that has impacted his ability to work.
@@dudeorduuude5211 She said he was making $200k at one point.
Maybe she means doing bad like things aren’t going well, not that his performance isn’t good. Like “I’m not doing too good”
One works at night. The other works during the day. Et voila……childcare is taken care of.
That's what my parents did the first five years with one vehicle.
@@sonicmoj1 ❤️
That's what my hubby I did 30 years ago. It's not hard to figure out.
That's what we did for a while. My wife worked first shift and I worked second.
My husband is a po and works nights and i am in IT working normal hours. I see zero ways to avoid child care expanses.
In 21 century it is bizarre to see females avoiding building careers.
They owe 460K and he is doing uber. Yikes.
At least he's working.
I Uber on weekends but at least I'm debt free. Their story is scary.
@@jimmymcgill6778 Uber is supposed to be a side job, not THE job. And with that much debt, they will never pay it off with uber pay checks.
@@jimmymcgill6778u sound dumb lol
@@dariuss.3500 I know you do.
Any job, is better then no job.
So your solution is exploiting an older woman by paying her a fraction of what you should? You guys never suggest that SHE take in another child to watch, which she could do. She can also work while he is off work.
yeah he's recommended that before, and (as someone who used to nanny), the suggestion really irks me.
They are the elites...they think nothing about the great unwashed
Look, basically old women love doing this kind for stuff for cheap just like little Vietnamese children love stitching Nikes together for cheap.
Plus, he's greatly overestimating the supply of sweet grandmas who are just longing to take your kids all day for a few bucks. Watching a working family's kids is a huge commitment and more than a full time job. If you include commutes its 9-10 hours a day at least.
@@EmpressMermaidin addition I would NEVER leave my kids with a "a granny" who doesn't know them, may not care about them, and may allow abusers around them. In general you should keep people who would work for a subpar wage away from your kids. People always look for their own benefit. If they are not getting paid to be around your kids, how else are they benefitting? It's just not worth saving some cash to expose your kids to dangerous situations.
Hmmm wtf are these people thinking. I haven't worked in 6 yrs😂😂😂
Why are these people so clueless when they call in. “I don’t know … “ is a common phrase coming from these people.
Not everyone is good at handling money, just like not everyone is a good driver.
Ken be like…where is my Wingstop Order already 😂
lol. Can’t stand him, but love George!
now im hungry 🙂
Go back to work no one's buying in South Florida those houses are overpriced and the HOAs are ridiculous I was born and raised in Florida and left I just couldn't sustain hubby better learn a new skill set and you go back to work until things get better
How do you not know how much your own house is worth?
And her job previously was an underwriter that approves loans based on income and the value of a home being purchased
Easy. She’s a clueless woman coasting through life.
So true! Wealth has no shortcuts, here are ways to acquire it..🔥
the first step to gaining wealth is figuring-out your goals either on your own or with heIp of a financiaI pIanner and foIIowing through with InteIIigent pIans; you wiII gain financiaI growth in no time and enjoy the decision of managing your finance
I am fortunate I made decisions that changed my finances for the better (gained over 1M in 2yrs) through my financiaI pIanner. Got my 2nd house in May and hoping to retire next-year
Elizabeth Greenhunts
get to her with the name
Currently all sales jobs are cutting costs and employees. Towing companies are looking for drivers to collect repo's 24/7. Highest volume of repo's ever.
/frantically looks into local cdl requirements 🙂
@@rvog6584 CDL is only needed for the heavy lifters. Pays much better than delivering food. Big banks are paying an additional $500 per repo as finding tow trucks is difficutlt now.
WHYYYY DO PEOPLE BRING CHILDREN INTO A SITUATION WHEN THEY CANT EVEN PAY THEIR OWN DAMN BILLS????!!!
EXACTLY!! My wife and I are not having kids until we are stable financially. You only multiply the problem when bringing kids into the picture when you don't have a pot to piss in!
Kids make you grow up
I can't understand it myself.
@@janelleg597 Living on a farm, raising chickens, growing an orchard and a veggie garden, having a mortgage, paying taxes, working in corporate makes you grow up just as much as having kids.
@@sonicmoj1or a window to throw it out of.
1st you can do child care in your home. Charge 200 -250 a week for each child. 6 kids 1200 (200x6) that will clear you 4800 month to pay the mortgage. Since you said your mortgage was 2452 then you have 2348 left for food, utility, cell, car insurance. 2nd your husband get a better job or stay on Uber until he gets something better. You said your husband isn’t good at what he is doing. Then you go and make that money! Stop putting him down . Up lift him & you. And say I got a plan to get us back on top. Also to get your business started post flyers put it online Facebook create a website. And most important have confidence when you out here trying to get your business started. As women to women always have you something in your back pocket. And that goes to anybody!!
She has student loans and wants to be a SAHM. Nope!!! Get some child care and get to work you strong and independent gal you!!
It’s always the same story lol
Always deeply in debt, and the wife is either a SAHM or pregnant. 😂
Pretending to care about their kids is how women dodge accountability
Or better yet practice ABSTINENCE until you pay all your debts off. Unbelievable!!
I can hear the racism in your voice…..you’re despicable
dude was making 200k a year and they have no savings? where did it go when times were good?
Yea… that’s the risk of working commission or flipping properties. The risk is big and the rewards can be huge… it’s a gamble and that is the hesitation for most people. If it goes south… it can be tough…. And here we are. This is the situation most people are scared of being in. He made 200k…. Should of saved for a rainy day
I agree.
* Should HAVE... not "of"
She could at the very least work evenings
She could. She’s lazy. And used to sitting on her ahh for 6 years
Dave would’ve told them to sell the house.
And the kids...
And the dog
And the rice
And the beans
And then...give like no one else
According to that boomer fool
Ken stupidly places that as the last resort, placing lifestyle above children.
But the Ramsey cast are all stupid and greedy. It’s a prerequisite for getting the job - he only hires people that have been insanely stupid with money and learned just enough to regurgitate Ramsey wisdom as disciples
@ChristoherWGray i wouldn't call him a boomer. He's right on many things...minus credit cards. If you are buying stuff anyways food etc...points are a nice bonus.
I kinda doubt he's all that hot of a real estate flipper (after all, that's the way Dave went broke). Everybody looks like a genius in a hot real estate market. Conditions like we're currently experiencing separate the skilled from the unskilled.
Ken: “WHY ARENT YOU WORKING 24 HOURS A DAY?! YOU’RE TOO POOR TO SLEEP!”
🤣
Harsh but reality unfortunately
They both sound very unaware how the economy works and young emotionally.
Her husband may not have even been is business long enough to experience all the business cycles or he would have planned for them (financially and having the baby). They sound surprised there is a slow time.
She is playing the 'I had a baby' card, so she thinks that is her free pass.
Real Estate people love to "live the lifestyle" and spend big when the money is good. Now that things have slowed down they are left out to dry. Many such cases.
Why is it that all time high earning people pile up so much debt. Ridiculous! They never pay off their debt but continue to take more debts/loans.
Indeed and insane. 2 additcted to spending 😊
Once again (this is about the third time he's said this), Ken greatly overestimates the supply of "nice Christian ladies" or "sweet grandma types" who have nothing better to do than take on the full time job of keeping working family's kids for a few hundred dollars.
He's also telling on himself. He's pretty well off but stating he takes advantage of and underpays sweet church ladies.
Everybody and their mother wanted that easy money and though the gravy train would never end 😂
This same call was already done by the husband in another segment that is weird
Real estate fluctuates with interest rates, $200k/year was never sustainable for basically flipping houses, watch your lifestyle creep.
I made $50k on one house by replacing the carpet, doing some painting, and building a deck. Took me about one month of work on the weekends. Then tried to do it again and broke even because couldn't find a buyer, the improved house just sat on the market for 8 months. Decided to consider myself lucky and stick to my day job after that.
Exactly he likely was making $$ during pandemic & didn't save
@@zvmZvm0102 Exactly.
Property acquisition= wholesale. 200k, no not really.
It doesn't sound like he was flipping houses (although that's what I assumed she meant at first). $15K for closing a deal sounds more like he's a realtor.
It's always good to have someone who isnt working, tell you you're doing awful. I hope he leaves her and flees the country.
Daycare is like $7/hr, how are you going to find some neighbor or old lady from church who is willing to take care of an infant for 45 hours a week, for less than $7/hr??
Why is she a stay at home mother with student loans? Oh, had to find a man somewhere. I wonder what her mrs degree is in.
Exactly. You want to be a housewife, skip college.
Careful out there gents!
Being a commercial underwriter is a decent job. She just didn't want to keep doing it and found a man that wanted to give her the life of leisure she wanted but wasn't able to follow through...
@@christinebutler7630
That's where they find husbands. It's a legit thing
Hopefully in something marketable
Papa said I will provide and then did not.
We= I dont ever want to work and I want a divorce. 70% of the time this happens a divorce happens.
Right she's happy when the money's coming in she is spending his money living in his house (she probably chose it) driving a nice car racking up debt but as soon as he's struggling "oh he's not doing his job his buisness is failed he's a failure"
@@shamoblamo9625 Pretty soon she won't be happy and we know what happens than don't we. The courts come grab him by the ankles turn him upside down and shake what's left out.
The divorce rate is over 50% as it is.
@@Yogastrong908 There's a study I've posted links to it before that when a man loses his or has a business fail there's a 70% chance of divorce even if he finds other employment the chance of a divorce is 40%. When the genders are reversed the odds of a divorce is in the low 30%s.
The husband in this calll sounds like you... a failure and a loser! You'll probably blame that on someone else, but it's YOUR fault that you are a failure and a loser!
As for me, I am successful in life.
Should have thought about the impact of losing your income before you got knocked up, eh?
most realtors only sold either one house or less than 5. think 50 percent was either 0 or 1. 70 percent less than 5. its a joke with brokerage's fees too.
he should be calling in, not his concerned wife with a new baby
These folk make me feel financially secure. I rent a nice room in the city centre at £495 all bills inc and work for the government full time taking home £2000 per calendar month. £4k savings and no debt. no kids and no wife
Reading your statement you are probably pretty young. If yes, you are rocking it with the income you have.
@@coencordia 39 c:
Sounds lonely
@@mahowen4 Probably does to most people. Im not most people though
Their entire problem is summed up in 4 words. Stay at home mom. Why does she have student loan debt but isn’t working?
Find local mom's club, many forming coalition type childcare arrangements @ fraction of cost. Great socialization for child & less germs/illnesses than daycare. Would offer sense of community this couple needs as well 🙏🏼
I’m confused. Why aren’t they working opposite shifts’? If he’s doing Uber, she can be working in the morning doing underwriting or whatever while he watches the kid and then they switch. You can have someone come in while you’re home to give some relief while you sleep but they are not doing everything they can to fix this. I can’t imagine making $200k per year and having no nest egg to fall back on. This is nuts
It appears that they have a history of making bad decisions.
@@KathleenMcNe exactly. Dave would have definitely asked how they are broke based on last income. I just wish they would have dug deeper. She seems quite oblivious though so it may have resulted in nothing smh how sad
Have kids and find out
@@scratch57 I have 4.
Want to try another excuse?
@@whosaidthat9265 then you're bad at it
Thank god I never had kids. I had a friend fellow brother in arms. He served 14 years in Army was deployed to Iraq twice. When he got out of the military at 39-40 years old he became so lost severe PTSD, drank like hell, did every drug known to man and couldn’t hold a job longer than a month. He was receiving a measly VA Disabilty check of around $1900 a month. I let him live with me for 6 months and it was worse 6 months of my life while trying to help him fight his demons yet he was not ready to help himself. One thing he told that I never forget is that he never wanted kids because he was having to much fun and didn’t want the added responsibility of another human when he admitted he was living so reckless and dysfunctional. I always respected him for that despite his crazy habits.
She needs to work. Bashing the husband just to sit at home doing nothing. She can at least work from home
Doing nothing, eh? It’s that moronic attitude that leads Ken to think parents are interchangeable.
Yes, doing nothing.
Very foolish if they made 200k a year while the market was hot and have nothing to show for it! Dumb dumb dumb
She could do in home day care and interest is high. That’s why he has no sales.
Feel sorry for this guy. Woman tells her husband he's terrible at his job. His self esteem in the gutter
Why not sell the house and move closer to family? Neither one has a steady job yet so relocating may be a great option.
They have 94k in consumer debt and it's unfortunate they didn't ask how much was CC debt. If they have 74k in student loans, and 20k in CC this isn't that bad. If the house is worth 400-500k then they still have 34-134k in effective equity still including the HELOC.
I hope I never get to the point in my life where my wife calls Dave Ramsey behind my back. Also thankful I’m not married to a woman who took out student loans to be a SAHM
Child care is more than care, it’s nourishment of their minds and hearts. It cannot be done by anyone but the parents.
What you suggest is not an option.
The advice is here is bad. Instead, sell your home, downsize to the tiniest apartment you can live in, near family. They didn’t even ask about your cars but trade for something you can own. Most of the debt is now gone and he can work two jobs for a couple years.
The advice is find free childcare and get jobs that pay well. Looooollllll
What would your advice be if you were a Ramsey Personality? Impress me.
@@jeffb.4800 1. Stop sleeping. Work three 8 hour jobs. 2. Since you are always at work, you don't need a house. 3. Stop eating, it's a waste of money. 4. Leave the kids at a church and hope they end up with a nice older lady.
Lol actually that's basically the Ramsey advice. Mine is just to win the lottery. All you have to do is pick the right numbers, it's so easy anyone can do it.
After the call, she went to scream at the husband 😅
He was making $200,000 a year, but they have $460,000 in debt and no savings. This is what happens when you spend irresponsibly and fail to build any savings. She should go back to work and he needs to find a better paying job.
4:13 yo stop interrupting your freaking clients. How much she made a year as an underwriter?
Google it
Anyone who doesn’t work for 6 years doesn’t want to work. Who wants to bet she uses every social program as well?
I’d love to bet that she does not. You heard a voice and your intolerance is showing. Use your head. Interest rates were near 0 and the market was red hot. Every realtor made money.
He should be calling not her
I think you should sell the home and get out of Miami and move to a cheaper state to rent around 1k or less even if it's a small house or apartment. My parents did it and it was the best decision financially when I was younger. You could work from home in the new area as well if you do not want to move back with family it is not guarantee they can take care of the baby.
Exactly. Move to the midwest where cost of living is much cheaper. There is absolutely nothing tying them down in Miami to do that.
Make it make sense 🤔..to pay off debt with more debt... duh 🙄
She needs to find child care and get a job.
You think her job will be able to pay for child care in first place?
She doesn't want to
@@hiteshadhikarimine does, don't be poor
Exactly
@@zvmZvm0102 i dont think anyone who has been out of job for 6 years will be considered
2nd for 2 kids her childcare will cost more than her income easily
Not saying she cant learn or do something wfh but she cant afford childcare
Time for him to change his wardrobe and find work with a property manager or contractor.
Selling the home is NOT the worst case scenario, outsourcing childcare is. Utterly backwards advice here.
Sounds like girlfriend is letting him make all the decisions and she's not as involved as she could be.
Why isn't John Baloney on this?
He would have asked...
"Are you safe?"
They should have paid off their debts with 2 incomes BEFORE having a baby.
I tried Uber. I had to pick up a guy at Lake shore drive in Chicago and take him to the Trump Tower. $2.98. No tip. Don't do Uber!
I pray over this family so they can come back and show they got out of their mess!
I hear husbands fear and him giving up.
I realise society acts like it no longer values men of character that want skin in the game to nourish and protect their family.
I love and respect men taking care of business. This man needs to know this again.
I think that the husband understands his problem but does not know how to solve it.
I don't work because I had a baby. lol In reality, I don't like to work, I have not worked in 6 years.
Ofc😊
If your husband not on the same page get out and do it anyways because more you stay home no more chance of getting hired in your specialty which is underwriting. To be honest you are already late 6 years is a looooong time to be home .you most likely would start at very low grade pay scale wise. But it is never late to start. Good luck to you.
I really want to know what goes through women's heads (and I'm sorry, this is really mostly women) when they got into massive student loan debt to be stay at home wives. I couldn't even sleep if I made my partner pay for my degree that I'm not using.
They aren't stay at home WIVES, they are stay at home MOTHERS. Childbirth changes women. It's very traumatic and no one is the same after. Some women don't care much about their kids and go straight back to work rather than raising them. Some women aren't able to raise their kids due to poverty or other disorders. However when there is a husband involved it is his duty to ensure his wife will be able to either raise their kids or pay someone else to do it for them. The woman gives up her body, mind, and purpose to have the children. The man should provide everything else. If either spouse cannot do that, they should not have children.
@@kdc3065😂😂😂😂😂😂😂
@@kdc3065 On the contrary, she shouldn't have gotten a degree if that was her calling. Don't go into massive student debt knowing you want to be a stay at home mother. If you want to be a mother afterward, postpone having children until you clear up your debt which is entirely the responsibility of the woman as it's her body, her choice, then focus on being a mother. Be responsible for your choices and make prudent decisions instead of doing what you feel in the moment.
@@kdc3065 Lmao, nice ragebait xD You cannot possibly be serious.
@@scammerzacc I agree with that. People should not have kids. However most people don't plan on having kids; it just happens anyway. The only way to prevent pregnancy 100% is to not have sex. The husband bears responsibility to agree to abstinence, or to get a vasectomy, though even that is not 100% effective.
I dont get it fast food pays 45000$ thats 90000 family income with 10000$ in daycare bill no excuse to be bankrupt im 2024
Find someone who will charge you $75 a week to watch the baby. Don’t put your baby in daycare
I would be interested to see how much he actually made. He took out a lot of debt and faked an income it seems.
I am not a fan of the wife saying he is doing bad at his job. The real estate market is very slow. Nothing he can do. It isn’t a steady income type job it is up and down based on markets and rate. They planed for the market to always be hot and now have to deal with that.
"With everything going on in the world?"
What the hell does that mean exactly?
Like the war in Ukraine or Gaza?
The guy is a real estate agent
Let's be clear
He isn't a high flyer doing so-called "property acquisition"
Give it a break!
Probably a flipper
Musical chairs...when the music stops...You're screwed
The fed has put the brakes on the insane real estate madness
uber is a nice side hussle do
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I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments?
As a beginner, what do i need to do? how can i invest, on which platform If you know any please share.
I started working with devion back in February, and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.
She is really a good investment advisor. I was privileged to attend some of her seminars. That is how i started my crypto investment
I've seen different people talking about this alice devion she must be very amazing for people to talk this good about her.
She needs to get a night or weekend job. The husband needs to get a higher paying job working for someone. 💡😉
One word: "WOWW!" ----- WHAT did they DO?
Flip houses
@@hiteshadhikari - "Fipping Houses" - How? Completely upside-down (?) 😝
@@Jhihmoac well simply in economic sense, they flip a positive bank account into a negative one.
Something a lot of stupid people seem to be doing nowdays
@@hiteshadhikari - Exactly as I said, "Upside-Down" 😝
@@Jhihmoac stupid tax indeed is a thing brother
Student loan debt for a stay at home mom. Sounds like a sound plan for success.
He needs to go get a job.
$2452/month? 😂😂😂
Why have a baby if you're in this financial mess?!
Both need to work. Get. Jobs. Now!!
Where’s all the money gone ?😮
tbh this infuriates me. There are people who came here illegally and are being given freely 4,000 a month just to make ends meet and they dont pay takes. These people have contributed to the economy and now theres no monetary help they would qualify for if they are citizens.
Bingo. And, they take advantage of our infrastructure, and they don't pay a dime for it. They're clogging up the roads, hospitals, schools, doctor's offices, and grocery stores. It's unreal. They all need to be deported so we can start fresh and enforce a legal, common sense immigration policy.
Vote better, trump 2024
These people are in food stamps and are irresponsible
No they should not receive any help. They made 200k a year and didn’t save! Instead bought half million dollar house! No pity!
Bankruptcy.
Why doesn't she Uber and he stays home at night . Why can,'t she door dash during the day
Hooters is always hiring, so are gentleman clubs.
Time to sell the house or the kids.
Her up speak, getting higher pitched at the end of every sentence, is horrible to listen to