The home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.
Portfolio diversification is very advisable in the investment plane, well I think you need to get a financial expert to assist you with the best financial goal._
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
daveheel I just went to a free one but then asked me for 700 for a 3 day class. If i signed up, theyd ask me anywhere from 25k to 45k for an advance class. The biggest scam in our country today!
i've been tempted to go to one after watching those informmercials. hey, it's free. but i've read where they teach you some basic stuff and then pressure you to go to the next and next and spend more each time. they're the ones getting rich and they're the ones who should be arrested.
Wife watches kids during the day, husband comes home from work, eat dinner as a family, wife heads to work delivery pizza...that way they both have "kid time" and they both bring in money.
Aubrey Gaus agreed, I would lose the deposit for the time being, focus on the debt. Would be good if she could try to find a way to make some side cash out of the home as well. I think the 3 rd child, especially considering ivf is going to be pretty costly.
Well they are doing everything backwards. sell the car sell the rental pay the debt and then have a 3rd kid. Once they get their debt paid of they can afford a 3rd kid on his 80k salary.
+King85Kong As an American its surreal to hear canadians and europeans talk about their outrageous taxes and cost of living. How much is an average home in one of your major cities again?
Mr. White Taxes aren't bad here. Lots of good comes out of it. No bankruptcies claimed here to pay off medical bills. Our housing prices are around the same in comparable size cities. Products tend to be a little more here due to smaller market size. I'll gladly pay a little more in taxes to ensure my fellow citizens are looked after in their time of need, for I might be the one to need it tomorrow. In this together.
King85Kong - thanks for providing your perspective. I'm so thankful for my HSA and insurance. Our system needs to be re-evaluated as it's not beneficial to many.
@@RolandHarris-i3k Don't get me wrong, I have a lot of empathy for them, but giving financial advice to an adult who spends $70k on an "investment class" is like trying to teach algebra to a giraffe.
But if they hadn't you wouldn't be here. I don't blame them for the third kid. The 70k debt for a class on finance on the other hand makes rethink my position on eugenics.
My parents were wealthy, it still sucks. They argued about $ constantly, and never fixed anything in the house (broken locks, bad roof, etc.) It's not the presence or absence of money that makes good childhoods.
Drummond Fengdahl because Dave doesn't want the social media backlash *DAVE RAMSEY TELLS POOR PEOPLE THEY DON'T DESERVE KIDS* I guarantee he thinks it in private.
@@EmpireTextbooks I don't doubt Dave Ramsey is a smart individual and I even do some of the very basics of his program-but I do feel like some of his callers are just straight up brain dead when it comes to money, $70k for a house flipping course? Yeah you deserve to file for bankruptcy pulling that one off, and Oreo might be right on the rental property especially if they can't handle it themselves and need a property manager to take care of it.
Dave is a christian. He would never tell a woman NOT to get married or NOT to have a baby due to lack of MONEY. He isn't going to play GOD in people's lives
cutehumor well if that's your perspective he should tell people to stop paying mortgages and just become nomadic. In today's society where you don't live off the land family size matters if you try to pretend like it doesn't you're a fool.
Let me get this straight, they've got $70K in debt and want to have another child and pay $4800 for IVF. Wow! how many more bad decisions is this couple going to make?
It's really simple. She needs to not have an IVF child (lose the $500 deposit), she needs to get a part-time job, she needs to sell her car, they need to sell the rental house, they need to pay off the credit cards after selling the house and the car, and he needs an extra job or overtime on his current job. His $80K income is way above the national household income already, so this should be a no-brainer to fix.
I’m convinced the real money in flipping houses is teaching other people how to do it, not actually flipping real properties. How do you convince someone to drop 70k on a class?
She started that the problem is husband had to take pay cut. Then she slowly comes out with having Ivf third child while broke. But it still didn’t make sense why they cannot survive on $80k a year. Until she spilled out debt in cc for stupid class costed $70k. And I bet they have way more consumer debt that was not disclosed cause Dave did not ask. She is very deceiving at least.
I was eating when she said they paid $70K for the "next level" of a real estate investing course - literally almost choked while I lol'ed. I think they're helping the course salesman get to the next level. They could have invested that $70K into a property instead - still not a wise financial move for them at this point.
Soooo It's Ok for her to try for a 3 child while being 70k in debt. Can't afford necessities and He is encouraging IVF. . . I am for family but when is it ok to say Lady get a job and help your husband clean up your finances. He is working in Alaska and never sees his family. . I m sorry Dave loss me . Kids are lovely but an expensive. . . . But he goes ballistic on people who don't have an 3-6 months emergency fund. But paying to have a 3rd child this father never sees is ok. . I'm done
Yeah you should listen and not let your own emotions cloud your judgment and ears. The dad took a pay cut. He doesn’t work in Alaska anymore. That’s why they are having money issues Dumduhdum
No, Dave said : *"we're selling the car, we're selling the house, we're going to finish the IVF".* That's all he said, he didn't anything about changing the schedule for the IVF at all.
Kind of agree with you no secret Dave is extremely religious person so he isn't going to tell someone not to try and have kids I get that. Reality is a kid doesn't just cost 10k and your done spending money how about get out of debt find different line of work be happy with 2 kids.
It's calls like this that give me a feeling Dave Ramsey will be around forever :) You know if there is one caller out there like this there are thousands of them.
A lot of people are saying that Dave thinks women should stay home. I have heard calls where Dave has told women with children that they should get a job . Especially, when they say that they don't want their husbands working a lot. He answers the family in the way they want to live. So for this family his answer was basically if your decision is for the mom to stay home, then, he needs to make up for her not working.
This lady can work out of her house. She can nanny, in home daycare, help desk assistant, etc. How old are these kids? If the kids are 4 and up they can go to pre-k and (or) she could apply to enter them into kindergarten early, all they have to do is pass a test. Stop being lazy woman and help your husband.! She’s only concerned with having more kids.
Destiny's Life right like literally. She wants another kid when they are $70k in debt and if she's afraid she'll lose $500, she probably doesn't have the $4,800 to finish paying for the ivf. Just adding to the debt. She will have to buy diapers and will probably put that on a credit card if they already can't afford to pay their existing bills. No offense, but she seems like dead weight bringing her husband down
I don't know I just have a feeling bankruptcy is on its way! She's not trying to do any extra work and he's not trying to have two or three jobs. They wanted to easy fast way out with no understanding.
Peter Cheng we had two kids my wife work for 30 years my mother had 3 kids she worked there's nothing wrong with a woman working outside the home to help make the home
No, its a financial thing... I could accept the religious thing, if the couple managed to make the babies on their own, but no, they are getting deeper into debt in the persuit of a bigger family. It is not right to have another baby when you are not able to support the family you already got.
Ibislife I agree. I’m saying that for Ramsey, he presumably is OK with them having a third child because he is (by all accounts) a deeply religious person and the more white folks have babies, the better the world is for evangelicals.
I find it interesting that she said they wouldn't go into the IVF had they not already put a down payment down. It sounded like she is seeing another child may not be a good idea but the down payment is pressuring her to go through with it
Why can't she get a job? Why does the man have to go find a 2-3rd job ... And they still want more kids. The man upstairs doesn't want to give them another baby.. listen to him...
Don't be so annoying. He obviously gives that advice because he's a traditionalist Christian man. They still believe in the traditional familial roles. It's engrained in them. Just the fact - neither good nor bad.
@@CadaverQT It IS bad. It's ridiculous to say he should work 80 hours per week while she's sitting at home caring for 2 children. 2 children is not an excuse to be a stay at home mom. If you have 2 children, the woman should still have a parttime job. They should forget about the 3rd child for now and ditch the 500 dollars.
This whole situation really frustrates me. Why would someone elect to bring a child into the world when you cannot pay bills? We're talking about a planned pregnancy here. Her biggest concern in calling off the pregnancy is that she doesn't want to loose her $500 deposit?!?!? 70k for an investing class? flipping houses while broke? Cherie, please don't have anymore kids. Aside from your current kids, you and your husband should responsibly put an end your gene pools.
If they sell the Colorado house and the car they’re not broke. Selling that house clears that debt payment and the credit cards for the most part. How much more do they have in their budget when the credit cards are gone, the car payment is gone and the second house is gone? Now they have a workable budget although it would be tight.
And it always disappoints me when Dave does not advocate for responsible family planning. I think he thinks that making babies is the one luxury you should indulge in when you are broke.
At about 7:00 minutes in Dave was telling the lady what she can do to cut the living expenses, what he described there is what my wife does all the time. God only knows how lucky I am.
Why feel for the husband? They are equally financially stupid. He isn't a victim, just irresponsible like his wife. Remember, she isn't considering IVF on her own.
When she said 70 and he said 3000, I thought she was going to laugh and say "no, 70 bucks. We paid for an application fee but haven't started yet." But then she hit Dave with the 70k!
Dave is very "traditional" (to put it kindly) when it comes to a marriage between a man and a women. Feels the women should just stay at home and pop out babies, while the guy works himself to death.
I don't mind house wives for other relationships and when the couple is doing it right. But at some point, the man needs help. When he is struggling to provide a solid foundation, the wife should step up. In this case, the wife is still sitting back doing nothing sounds like. She is just wishing and hoping her husband figures it out.
Yeah, the guy is going to be thrilled. Working 80 hours a week (somehow), in an already grueling field, while she's sitting at home popping out more kids.
I have a feeling their not gonna go through with the IVF. How can such marks make so much? You can get your real estate license through community college for like $1000 maximum. What kind of course did they take for $70,000 they could’ve use that money for a down payment on a fixer-upper.
sidharth chand It sounds like one of those scams where they gave the money to an investor that does the flipping. Notice she said they were "invited" it was such a good deal the only let special idiots give them money. And she was selected as the lucky idiot.
You see those scams all the time using some famous name from DIY or HGTV network promoting a free seminar in the area. Then it is a high pressure sales pitch to make you spend as much as they can get out of you. Robert Kyosaki had his name tied into one of those scams. They did not do this for a real estate license. I buy wholesale and sell wholesale and still make money. No flipping for me.
I bet they do go through with IVF. One, cause Dave didn't tell her she shouldn't. Two, because I bet she is the one who wants the third child badly. She is a taker and not a provider. Probably spoiled rotten. They will do IVF because they are so used to making horrible decisions.
He never asked them if the rental was generating any income, or if the rental would likely appreciate in value. Why go forward with the ivf if you are potentially worried about bankruptcy?
He has mentioned before that interest on loans would eclipse revenue gained through the rental. fix the ship. then you can pursue avenues when you are right side up
@@jacobw6530 imo Dave is solely for people who lack fiscal discipline and need a regimented and rigid set of rules to live by. Who cares if the interest paid out is more than net profit each month? You're still getting profit each month all the while building equity. Doing things Dave's way is a sure way to work until you're 60. He's conservative because he decided to be leveraged to the hilt. Play stupid games, win stupid prizes.
@@brennanrichardson4711 I can definitely understand your sentiment with the way he preaches conservative finance. can you elaborate Alitalia further on what you mean that it is ok to have more in bank interest than profit per-month? That seems a little contrary to getting them out of debt asap
@@jacobw6530 I had to revisit the video, but depending where you are on the amortization schedule it might be more prudent to keep the house. Don't sell the house, because selling the house triggers a taxable event along with real estate commissions, which would quickly dwindle your equity amount. Instead they should cash out refinance and use the money to pay their credit card debt.
When your back is against the wall, you get a job? Then why don't you tell her to get one? Jesus. Dave gives good basic advice, but he's living in the past.
Took a me a second for it to click .. I was like.. IVF ... isn't that ......OMG got you've got to be kidding me! You already have 2 kids, stop breading, you're broke!
You got scammed, that happened to me but I only lost $5,000.00 not $70,000. There are real estate scammers out there. They promise much but deliver nothing.
Let me say this: if her husband is on pipelines, he is making good money. What their issue is is they have a bad spending habit. Call it 'the oilfield curse' when you get this large income and you just go crazy with spending bc you think this job will last forever. It doesnt and this industry could fall through at any time.
Notice Dave didn't ask if they have a car payment. He asked how much they own for their cars. He knows for sure these suckers have debts up through their noses.
Why oh why are you telling them to get the third child. Just lose the down payment and don’t get a third child. Not only will you have to pay the rest of the IVF but the third child will cost you more money once it is born. Babies are expensive. Do not get a third child. You should probably never get a third child but at the very least don’t have one now.
Once again, husband has to work himself into an early grave with multiple jobs whilst wifey sits at home popping babies out (and not even by accident). Does Dave think kids don’t need a dad around or something?!
I have the strongest feeling that whatever good advice Dave gave to this woman went in one ear and out the other. One bad financial decision after another.
Why don't they just take the loss on the IVF? I mean, they have 2 kids and they can't manage. They are in a best case scenario right now without the 3rd kid.
Or maybe not have another baby. Seems like God is telling you that two is enough for you. If he thought otherwise you would be able to have a 3rd as obviously you can naturally have babies prior.
Akeology Shea butter daycare can be between $1500-2000 or more for 2 kids depending on the location and your child’s age. If she can’t find a job making more than that it’s not worth it. Sometimes it’s more expensive to work. FYI
@@jeffjackson9679 Dude if he works a 2nd job at night and weekends why can't she do that when he is home? SHe can wait some tables at night and work at a pizzeria during the weekends and friday nights to pay some of hte bills. I think she wants a 3rd kid so she doesn't have to work and ensure he kills himself instead to pay the bills
On t.v. shows about flipping houses they tell you that it's a risky business. If you flip a house and it don't sell you're stuck with the mortgage payments until it sells.
The home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.
Portfolio diversification is very advisable in the investment plane, well I think you need to get a financial expert to assist you with the best financial goal._
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
Do you mind if I ask you to recommend this particular coach you using their service?
Sonya Lee Mitchell is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon
...wait, you paid 70K for a flipping class? ...are you out of your MIND?!?!?!??!
That's how those free real estate seminars get you.
daveheel I just went to a free one but then asked me for 700 for a 3 day class. If i signed up, theyd ask me anywhere from 25k to 45k for an advance class.
The biggest scam in our country today!
i've been tempted to go to one after watching those informmercials. hey, it's free. but i've read where they teach you some basic stuff and then pressure you to go to the next and next and spend more each time. they're the ones getting rich and they're the ones who should be arrested.
She would have better off taking that cash and buying a property with it then just read books and watch youtube videos on it... what was she thinking?
Just like I said up top, these people were put into the "Next Level" I am sure that was very impressive and prestigious.
Wife watches kids during the day, husband comes home from work, eat dinner as a family, wife heads to work delivery pizza...that way they both have "kid time" and they both bring in money.
They could've used that 70,000 in the flipping house class to invest in a house.
this really has to be fake 70k for a class when all you need is 10% down on any house? tf are they smoking?
Yup, i think it was a scam
Gabster so true....
Maxine F. It's a complete scam. My father fell for the same scam.
Complete idiots.
If you can’t afford the two you have, you don’t need a third. Having a big family is a want, not a need. Use your heads, people. Sell the rental!
Aubrey Gaus agreed, I would lose the deposit for the time being, focus on the debt. Would be good if she could try to find a way to make some side cash out of the home as well. I think the 3 rd child, especially considering ivf is going to be pretty costly.
Dalton Beauregard Need is something you must have to survive. You don’t need more kids to survive
Having that third child is the most important goal this family has.
Well they are doing everything backwards. sell the car sell the rental pay the debt and then have a 3rd kid. Once they get their debt paid of they can afford a 3rd kid on his 80k salary.
@@pabsmanhere And DR supports it! smdh
$500 is not a lot to lose! Forget the 3rd child for now. The hospital bills for birth will make the situation even worse.
It's Tabaitha that's what I was thinking! When she said IVF I was like are you serious right now people?!!
As a Canadian it seems so surreal to hear people talk of child birth hospital bills. Couldn't imagine it.
+King85Kong As an American its surreal to hear canadians and europeans talk about their outrageous taxes and cost of living. How much is an average home in one of your major cities again?
Mr. White Taxes aren't bad here. Lots of good comes out of it. No bankruptcies claimed here to pay off medical bills. Our housing prices are around the same in comparable size cities. Products tend to be a little more here due to smaller market size. I'll gladly pay a little more in taxes to ensure my fellow citizens are looked after in their time of need, for I might be the one to need it tomorrow. In this together.
King85Kong - thanks for providing your perspective. I'm so thankful for my HSA and insurance. Our system needs to be re-evaluated as it's not beneficial to many.
You can't help someone who spends $70k on an "investment class". You're giving advice to someone who lacks the mental capacity to understand it.
I’m not the sharpest tool in the shed either, but I wouldn’t fall for that! How do all these stupid people bring in so much money?
Man yall are ruthless on the internet. They made a mistake and are learning the babysteps. Pretty sure they can be helped.
@@RolandHarris-i3k Don't get me wrong, I have a lot of empathy for them, but giving financial advice to an adult who spends $70k on an "investment class" is like trying to teach algebra to a giraffe.
I can get them out of debt. They can take my class. It'll only cost $35,000
What a deal how much is the next level. Lol
Elaine Lloyd _ikyg 7,500 a week
😂
@@ElaineLoyd anything to get to the next level haha
@@ElaineLoyd anything to get to the next level haha
omg 70000 for the next LEVEL to get screwed😂😂😂😂😂😂
Lol!!!!
🤣🤨🤦♀️💯💥💥💥💥💥💥💥
Sometimes I listen to this show to feel better about myself. Today was one of those days.
"We're broke af and thinking about having a third kid." Said no good parent ever. My parents were broke when I was a kid. Life was miserable.
But if they hadn't you wouldn't be here. I don't blame them for the third kid. The 70k debt for a class on finance on the other hand makes rethink my position on eugenics.
@@samuelclemens6841 But he also wouldn't exist to care if he was born or not.
They can have a 3rd kid and make smart financial decisions. The two aren't mutually exclusive. Your parents could have done the same.
@@samuelclemens6841 by that logic, does everyone have to have 15 kids? What if they weren't born?
My parents were wealthy, it still sucks. They argued about $ constantly, and never fixed anything in the house (broken locks, bad roof, etc.) It's not the presence or absence of money that makes good childhoods.
70k for an investing class? They must have the iq of a goldfish 🐠
Dont insult the goldfish
Mr Big Time I think she meant $7K
or $70 lol
But, I don't think you understand. They got put into the "Next Level" Only a few can hold that prestigious title.
No, it's 70K she said in total to be able to go to the next level...LOL
Caller: spends 70k on house flipping class
Also Caller: Worried about a $500 deposit
They stupid!!
"We don't want to declare bankruptcy. " she says. That's crazy!!!!
They can't afford IVF . It's like $20k 😳
She should not be having another child right now.
I dunno. DR supported their having a 3rd kid so...
Drummond Fengdahl that’s because he’s overly old-school and his advice is Christianity-tainted
Drummond Fengdahl because Dave doesn't want the social media backlash
*DAVE RAMSEY TELLS POOR PEOPLE THEY DON'T DESERVE KIDS*
I guarantee he thinks it in private.
I'll say what Dave can't or won't
*BROKE PEOPLE SHOULDN'T HAVE KIDS*
This is not a legitamate problem...get a job, sell the rental and stop having children
Samuel Bane why should they sell the rental if it has positive cash flow?
Empire Textbooks shhhhhhhh. only simplistic thinking here. But I bet ya, their rate of return is less than the interest on their loans.
Oreo Emesis Oreo Emesis I have the feeling only people with very low IQs listen to this show. Including the guy who hosts it
Empire Textbooks because they have debt to pay off.
@@EmpireTextbooks I don't doubt Dave Ramsey is a smart individual and I even do some of the very basics of his program-but I do feel like some of his callers are just straight up brain dead when it comes to money, $70k for a house flipping course? Yeah you deserve to file for bankruptcy pulling that one off, and Oreo might be right on the rental property especially if they can't handle it themselves and need a property manager to take care of it.
$70k class:
"Buy low, sell high" see you at the next level
XD
😂😂😂😂😂😂😂
Disagree, Dave. No IVF, she goes back to work. Sell the rental, pay off the cards and car.
Couldn't agree with this more. Why should he be forced to work 80 hours a week when she could just go back to work herself.
Dave is a christian. He would never tell a woman NOT to get married or NOT to have a baby due to lack of MONEY. He isn't going to play GOD in people's lives
cutehumor well if that's your perspective he should tell people to stop paying mortgages and just become nomadic. In today's society where you don't live off the land family size matters if you try to pretend like it doesn't you're a fool.
John Doe he never told anyone to stop paying mortgage
Rodolfo Cortez what are you talking about
We made a 10% deposit so we're "locked into it." Paid $70k to learn how to flip houses. This couple's problem is that they are idiots.
Can’t fix stupid
🤣🤣🤣🤣🤣💯💥💥💥💥💥
Let me get this straight, they've got $70K in debt and want to have another child and pay $4800 for IVF. Wow! how many more bad decisions is this couple going to make?
As navy seals say.... "There isnt a situation so bad you cant make it worse....."
It's really simple. She needs to not have an IVF child (lose the $500 deposit), she needs to get a part-time job, she needs to sell her car, they need to sell the rental house, they need to pay off the credit cards after selling the house and the car, and he needs an extra job or overtime on his current job. His $80K income is way above the national household income already, so this should be a no-brainer to fix.
A painful listen
RaptorM82 you watch a lot of videos LoL
RIGHT!!
SupremeVision This was. The good decision is right there, they just seem to not want to ever pull the trigger on those decisions.
Very painful lesson.
Painful lesson in getting ripped of learning to flip houses.
I’m convinced the real money in flipping houses is teaching other people how to do it, not actually flipping real properties. How do you convince someone to drop 70k on a class?
People don't even spend that for a YEAR of college classes!
yes, the real money is in selling books and seminars. couch couch dave ramsey cough cough
Exactly
Even if you legit made money on flipping homes, you'll lose out if you do it long enough anyway (because the market WILL CRASH again at some point).
Just like mining gold. You don’t make money mining, you make money selling suckers the stuff to try and mine themselves.
More like we went broke to learn to flip houses.
Fortune Builders?
She started that the problem is husband had to take pay cut. Then she slowly comes out with having Ivf third child while broke. But it still didn’t make sense why they cannot survive on $80k a year. Until she spilled out debt in cc for stupid class costed $70k. And I bet they have way more consumer debt that was not disclosed cause Dave did not ask. She is very deceiving at least.
Wow - one bad financial decision after another. Tick Tock. Dave - good luck with this one!
two or three more decisions made by this couple and they are looking for a bridge to live under
No more kids . U can't afford the ones u have
B-B-But BAAAYYYBBIIIEEESSS ugh. Never understood it.
"it's a good job, it..." Dave Ramsey: "it's not a good job, it doesn't pay your bills." Lol
We are broke, took a 70k course on flipping houses and are planning on a third child which is gonna cost us 15k. Smart
I was eating when she said they paid $70K for the "next level" of a real estate investing course - literally almost choked while I lol'ed. I think they're helping the course salesman get to the next level. They could have invested that $70K into a property instead - still not a wise financial move for them at this point.
There’s a sucker born every minute. Just ask Bernie Madoff!
Well it wasn’t their $70k to spend/invest in the first place if that’s their $70k in credit card debt.
Soooo It's Ok for her to try for a 3 child while being 70k in debt. Can't afford necessities and He is encouraging IVF. . . I am for family but when is it ok to say Lady get a job and help your husband clean up your finances. He is working in Alaska and never sees his family. . I m sorry Dave loss me . Kids are lovely but an expensive. . . . But he goes ballistic on people who don't have an 3-6 months emergency fund. But paying to have a 3rd child this father never sees is ok. . I'm done
He said to do all that AFTER they sell the out of town rental with $70K of equity.
Yeah you should listen and not let your own emotions cloud your judgment and ears. The dad took a pay cut. He doesn’t work in Alaska anymore. That’s why they are having money issues
Dumduhdum
No, Dave said :
*"we're selling the car, we're selling the house, we're going to finish the IVF".*
That's all he said, he didn't anything about changing the schedule for the IVF at all.
Kind of agree with you no secret Dave is extremely religious person so he isn't going to tell someone not to try and have kids I get that. Reality is a kid doesn't just cost 10k and your done spending money how about get out of debt find different line of work be happy with 2 kids.
@@Mike-01234 A kid is a way bigger financial commitment than flipping houses.
It's calls like this that give me a feeling Dave Ramsey will be around forever :) You know if there is one caller out there like this there are thousands of them.
Chris Vandernaald A-gree...and the economy hasn't tanked yet.
the ivf is cancelled 500 loss vs 4800 when you have no money is no room for extra
Every time I hear people that stupid, I start to question if it's real or they just made up their stories.
No sadly it's real
I am embarrassed to admit that there are stories like this that are all over. I am working to fix my current situation through.
Real people who were raised wrong
Its real!!
Theres a sucker born every minute
-PT BARNUM
A lot of people are saying that Dave thinks women should stay home. I have heard calls where Dave has told women with children that they should get a job . Especially, when they say that they don't want their husbands working a lot. He answers the family in the way they want to live. So for this family his answer was basically if your decision is for the mom to stay home, then, he needs to make up for her not working.
She just kept opening cans and cans and cans of worms lol
dave why don't you advise this women to get some kind of a job instead of telling her that her husband needs to work 80 hours a week?
Jonathan Gray her role is to take care of the home and the children. That’s why.
he did
Jonathan Gray cos equality...
He did say that.
she can get a part time from home as well. Open up a day care center. Lick envelopes. Something.
This lady can work out of her house. She can nanny, in home daycare, help desk assistant, etc. How old are these kids? If the kids are 4 and up they can go to pre-k and (or) she could apply to enter them into kindergarten early, all they have to do is pass a test. Stop being lazy woman and help your husband.! She’s only concerned with having more kids.
Destiny's Life right like literally. She wants another kid when they are $70k in debt and if she's afraid she'll lose $500, she probably doesn't have the $4,800 to finish paying for the ivf. Just adding to the debt. She will have to buy diapers and will probably put that on a credit card if they already can't afford to pay their existing bills. No offense, but she seems like dead weight bringing her husband down
Okay...they need not make another decision like ever - wow...every idea they ever had has been bad...dang
The Fun and Budget Act OMG hey girl. I love your channel.
itsshevyb Hey Love!!! Thanks so much for the support 😊
4:55, HAHA!! Look at Dave's face after he asked "70 THOUSANDS $!!??" LOL
"Next Level" sounds like a pyramid scheme....
They got finessed out of that $70k by one of those "get rich flipping houses" scams. They bought all the upsells..
I don't know I just have a feeling bankruptcy is on its way! She's not trying to do any extra work and he's not trying to have two or three jobs. They wanted to easy fast way out with no understanding.
brian thomas I have the same feeling. That $70k would have paid the rental a third of the way down. There is no quick solution to this problem.
Get a job lady
steven wentling why be dependent on another man or woman?
steven wentling right! She says we we we,and in reality its him him him😂
they have 2 kids., That's full time job.
steven wentli
Peter Cheng we had two kids my wife work for 30 years my mother had 3 kids she worked there's nothing wrong with a woman working outside the home to help make the home
Dave, why do you accept that lady going through with ivf treatments, when they already have 2 children and are broke?
It’s a religious thing... sigh.
No, its a financial thing... I could accept the religious thing, if the couple managed to make the babies on their own, but no, they are getting deeper into debt in the persuit of a bigger family. It is not right to have another baby when you are not able to support the family you already got.
Ibislife I agree. I’m saying that for Ramsey, he presumably is OK with them having a third child because he is (by all accounts) a deeply religious person and the more white folks have babies, the better the world is for evangelicals.
Daniel the more white folks have babies? 🤨🤦🏾♀️
I find it interesting that she said they wouldn't go into the IVF had they not already put a down payment down. It sounded like she is seeing another child may not be a good idea but the down payment is pressuring her to go through with it
Why can't she get a job? Why does the man have to go find a 2-3rd job ... And they still want more kids. The man upstairs doesn't want to give them another baby.. listen to him...
I was just thinking the same thing..... The advice is always for the man to get a 2rd or 3rd job... Women should go back to work too 👍🏽.
Don't be so annoying. He obviously gives that advice because he's a traditionalist Christian man. They still believe in the traditional familial roles. It's engrained in them. Just the fact - neither good nor bad.
@@CadaverQT It IS bad. It's ridiculous to say he should work 80 hours per week while she's sitting at home caring for 2 children. 2 children is not an excuse to be a stay at home mom. If you have 2 children, the woman should still have a parttime job. They should forget about the 3rd child for now and ditch the 500 dollars.
They got ripped off on real estate classes
Omg who pays 70,000 for something like this!!!!?? Unbelievable
"I Decided To Flip 94' Celica's After Being Broke... Now I am Rich". Scotty Kilmer
Broke...but want to flip houses and have a 3rd baby. Makes perfect sense
This is what happens when you don't have a plan.
TheRosswise The wife has a plan, to stay home and make babies while husband works two jobs.
This goes far beyond that. This is what happens when you don't have a functioning adult brain.
This whole situation really frustrates me. Why would someone elect to bring a child into the world when you cannot pay bills? We're talking about a planned pregnancy here. Her biggest concern in calling off the pregnancy is that she doesn't want to loose her $500 deposit?!?!? 70k for an investing class? flipping houses while broke? Cherie, please don't have anymore kids. Aside from your current kids, you and your husband should responsibly put an end your gene pools.
If they sell the Colorado house and the car they’re not broke. Selling that house clears that debt payment and the credit cards for the most part. How much more do they have in their budget when the credit cards are gone, the car payment is gone and the second house is gone? Now they have a workable budget although it would be tight.
And it always disappoints me when Dave does not advocate for responsible family planning. I think he thinks that making babies is the one luxury you should indulge in when you are broke.
At about 7:00 minutes in Dave was telling the lady what she can do to cut the living expenses, what he described there is what my wife does all the time. God only knows how lucky I am.
When a woman says, "I have a quick question for you..." you already know she's a liar. lol
And she is the brains of the operation.
She just can’t get enough of making babies. OMG. I feel for her husband.
Mark Johnson mind your own bedroom...
omaxman1 tell that to all the other commenters that agree with me lol
Mark Johnson that applies to everyone, not just you.
Why feel for the husband? They are equally financially stupid. He isn't a victim, just irresponsible like his wife. Remember, she isn't considering IVF on her own.
omaxman1 - She made it our business when she went on a public show. Get out of here.
When she said 70 and he said 3000, I thought she was going to laugh and say "no, 70 bucks. We paid for an application fee but haven't started yet." But then she hit Dave with the 70k!
70k for real estate class !!!!!!! 😳😳😳😳
It's for the NEXT LEVEL!! That's like a POWER UP for Super Mario!
I could get a whole masters degree in CS for less than $50k lol
Sounds like Robert Kiyosaki’s classes 😂
😆 🤣
70k for the next level. 🤣
Why should he get another job? Where is her job?
Nagging. It's full time work!
Dave is very "traditional" (to put it kindly) when it comes to a marriage between a man and a women. Feels the women should just stay at home and pop out babies, while the guy works himself to death.
That's what a man is supposed to do. Any income at this point from her will go straight to daycare
I don't mind house wives for other relationships and when the couple is doing it right. But at some point, the man needs help. When he is struggling to provide a solid foundation, the wife should step up. In this case, the wife is still sitting back doing nothing sounds like. She is just wishing and hoping her husband figures it out.
Has she thought of looking for a side gig? Taking in a couple of kids would help the income?
$70,000 for a real estate course. What did they do sign up for Trump University?
Obamacare
kingmike40 😂😂
No, they had donated to the Clinton foundation and got nothing in return because she didnt get elected
oRaNgE mAn BAD
James Marquis. Prefer than a lazy con artist imbecile like Trump.
"How do you contribute to the family?"
"I spend my husband's money faster than he can make it, and watch infomercials while I ignore the kids."
Great advice was usual. Hopefully they listen to dave on this.
Yeah, the guy is going to be thrilled. Working 80 hours a week (somehow), in an already grueling field, while she's sitting at home popping out more kids.
She needs to work
I support a family of 5 with $30,000 a year mom work first shift and dad work 2 shift problem solved
but wait, lets have more babies
I have a feeling their not gonna go through with the IVF. How can such marks make so much? You can get your real estate license through community college for like $1000 maximum. What kind of course did they take for $70,000 they could’ve use that money for a down payment on a fixer-upper.
sidharth chand
It sounds like one of those scams where they gave the money to an investor that does the flipping. Notice she said they were "invited" it was such a good deal the only let special idiots give them money. And she was selected as the lucky idiot.
You see those scams all the time using some famous name from DIY or HGTV network promoting a free seminar in the area. Then it is a high pressure sales pitch to make you spend as much as they can get out of you. Robert Kyosaki had his name tied into one of those scams. They did not do this for a real estate license. I buy wholesale and sell wholesale and still make money. No flipping for me.
70K could have been a downpayment/tools/materials on a house flip... I've flipped one for HALF of that... BY MYSELF.
I bet they do go through with IVF. One, cause Dave didn't tell her she shouldn't. Two, because I bet she is the one who wants the third child badly. She is a taker and not a provider. Probably spoiled rotten. They will do IVF because they are so used to making horrible decisions.
He never asked them if the rental was generating any income, or if the rental would likely appreciate in value. Why go forward with the ivf if you are potentially worried about bankruptcy?
He has mentioned before that interest on loans would eclipse revenue gained through the rental. fix the ship. then you can pursue avenues when you are right side up
@@jacobw6530 imo Dave is solely for people who lack fiscal discipline and need a regimented and rigid set of rules to live by. Who cares if the interest paid out is more than net profit each month? You're still getting profit each month all the while building equity. Doing things Dave's way is a sure way to work until you're 60. He's conservative because he decided to be leveraged to the hilt. Play stupid games, win stupid prizes.
@@brennanrichardson4711 I can definitely understand your sentiment with the way he preaches conservative finance. can you elaborate Alitalia further on what you mean that it is ok to have more in bank interest than profit per-month? That seems a little contrary to getting them out of debt asap
@@jacobw6530 I had to revisit the video, but depending where you are on the amortization schedule it might be more prudent to keep the house. Don't sell the house, because selling the house triggers a taxable event along with real estate commissions, which would quickly dwindle your equity amount. Instead they should cash out refinance and use the money to pay their credit card debt.
When your back is against the wall, you get a job? Then why don't you tell her to get one? Jesus. Dave gives good basic advice, but he's living in the past.
Garzagram Dave's biggest fault is not dissuading people from having children ever no matter how bad their finances are or how much debt they have.
Exactly!
@@JuancoPRoFlow That's exactly what I thought. No point in picking up an extra job if its gonna be funneled into day care.
He did tell her to how about you watch the whole video
Took a me a second for it to click .. I was like.. IVF ... isn't that ......OMG got you've got to be kidding me! You already have 2 kids, stop breading, you're broke!
Some people should be thrown into sea full of crocdiles
@@Natalie37854 hehehe. I was thinking panko bread crumbs
Mooore...loveless bread.
Love this show
These stories are just never ending!!
You got scammed, that happened to me but I only lost $5,000.00 not $70,000. There are real estate scammers out there. They promise much but deliver nothing.
Let me say this: if her husband is on pipelines, he is making good money. What their issue is is they have a bad spending habit. Call it 'the oilfield curse' when you get this large income and you just go crazy with spending bc you think this job will last forever. It doesnt and this industry could fall through at any time.
You don't flip houses if you haven't flipped one yet. Lol
She needs to find some work at home or pay for daycare and go to work. 4 Runner, House, Baby, no job...Such a princess.
I'm more worried about their inability to tell a scam from reality.
Any time I feel bad about bad decisions I've made I'm going to rewatch this video.
Notice Dave didn't ask if they have a car payment. He asked how much they own for their cars. He knows for sure these suckers have debts up through their noses.
Uncle Dave is going bananas with this caller, he cannot believe what he is hearing
Can she go to work while he watches the kids after work? 😡
Pipeline workers are never home . They follow the job out of state .
She can’t babysit? Dog watch?
She can get a part time,
Why oh why are you telling them to get the third child. Just lose the down payment and don’t get a third child. Not only will you have to pay the rest of the IVF but the third child will cost you more money once it is born. Babies are expensive. Do not get a third child. You should probably never get a third child but at the very least don’t have one now.
Once again, husband has to work himself into an early grave with multiple jobs whilst wifey sits at home popping babies out (and not even by accident). Does Dave think kids don’t need a dad around or something?!
I have the strongest feeling that whatever good advice Dave gave to this woman went in one ear and out the other.
One bad financial decision after another.
Hearing these stories makes me feel like a genius. I thought made stupid mistakes.
Why don't they just take the loss on the IVF? I mean, they have 2 kids and they can't manage. They are in a best case scenario right now without the 3rd kid.
Cant pay our bills, what should we do honey? Let's flip houses and have another kid! Genius
lol
Hats off to the guy out there selling a “flipping houses class” for 70k. I don’t know if it’s capitalism or Darwinism.
Are you freaking kidding me. The husband can’t be much better or this would have been over before the kids showed up.
The caller should be ashamed. She too can get a job. 80k isn't bad. Run a day care at home.
Or maybe not have another baby. Seems like God is telling you that two is enough for you. If he thought otherwise you would be able to have a 3rd as obviously you can naturally have babies prior.
sigor2011 God is not stopping them from having a baby. If they made better choices, they would be in a great space to have a child.
Wow, I’m only 14, but this is completely irresponsible. 80k a year and they still can’t manage to be financially free is insanely stupid!
Dave gets pstd when he hears about flipping houses 😂
Its PTSD...
I’ve listened to many of these videos. And wow this one I have no words for
Get a job woman!!!!
Akeology Shea butter daycare can be between $1500-2000 or more for 2 kids depending on the location and your child’s age. If she can’t find a job making more than that it’s not worth it. Sometimes it’s more expensive to work. FYI
Then she definitely shouldn't be trying to have another kid...
At least part time. Or as Dave said, be daycare for someone else's kids (s)
She just spent 70k "getting to the next level" flipping houses. $2000 for daycare is chump change!
@@jeffjackson9679 Dude if he works a 2nd job at night and weekends why can't she do that when he is home? SHe can wait some tables at night and work at a pizzeria during the weekends and friday nights to pay some of hte bills. I think she wants a 3rd kid so she doesn't have to work and ensure he kills himself instead to pay the bills
I love this guy's wisdom....
When you think you're having money problems, then you realize, at least I'm not these people.
On t.v. shows about flipping houses they tell you that it's a risky business. If you flip a house and it don't sell you're stuck with the mortgage payments until it sells.
So they owe over $200k on their primary home and they decided to get a rental?
Mr. White it sounds like they had the rental first and just moved into the new house less than a year ago
Loving the credit card ad before the clip lol