$1,400 is not a bad mortgage payment. If they want to keep the same lifestyle, she needs to at least get a part time job of 20 hours or so. Their situation really doesn’t look that bad imo.
Yeah, I think Dave missed the issue w this lady...everything in life has tradeoffs and she doesn't seem to understand why not working and not making other significant changes means she's broke.
I don't know she is even considering a part time job which she can get night or weekend hours this started when she quit her full time work but kindly taking her mother in she's making herself sacrifice alot
selling the house wont do anything $1500 a month is good instead of paying over 2k for a apartment, she needs to get a full time job and let the kids go to public school. they will be able to afford it
@@richard77231 I bet that's 1,400 a month includes all that in the payment. I would keep the house renting is more expensive than that, especially these days
@@caydenthompson126 Property tax is often included in the mortgage payment, but maintenance is not. We don't know what kind of maintenance expenses the house currently needs that they have been putting off, or what maintenance needs will arise in the future. But my take away was not that they would rent, but that they would downsize and buy a smaller house,
Especially in SLC. If they bought in 2016, assuming 30yr mortgage and didn't refinance, I'd say they paid roughly $300k for their house. The same house today would be $600k-ish. Small, trashed houses are selling for $300-$400k in the same area. With the interest rates as they are today, moving down in house won't change much unless they can use their equity to pay off a mortgage completely.
She can actually still homeschooling and work some afternoon and evening shifts to help at the onset. Her mother is living with her and should be able to assist with childcare. She actually has options.
She can drive independent delivery for Walmart and Amazon and make 18 dollars an hour. She can throw that in four evenings per week. The shifts are two hours and you get tips. I use those two stores for groceries delivery and give good tips. So I assume other people do as well. Husband can look after his kids for that short time.
I live in the area I know for a fact team leaders in the financial company makes 100k+ I work for a financial company here not as a lead but I know they make that
Sell the house??? They're not going to find anything decent for less than $1400. She probably needs to go back to work or he should get a better or second job.
I do not live in Utah but I am not seeing any reasonable homes for that price (under $1500). I can only seeing that happen if they're in a trailer or Modular home.
They can’t afford the house. People need to live according to their income, meaning they can find a low income apartment rental for example, to match their actual income. These are life decisions. This caller hasn’t been able to increase their income in 10 years so Dave is telling them to accept reality, which is not something you and many understand (hence why we live in so much debt in America).
I love Dave, but I disagree with the assessment that this is all on the husband. He even pointed out that, they bought the house based upon "both" of their incomes. They had no problem living until she decided to quit her job during the pandemic and rely upon those stimulus checks. I'm sorry, this is cut and dry. They are house poor because the other income isn't there. This is not all about the husband's income, IMO!!!
The husband def should be making more than he what’s doin and they used the checks to get out of debt! So I’m assuming after that, they decided it was best for her to be home with the kids, nothing knowing it would catch up to them
This is what I thought at first but then I continues to listen and Dave did say one of the options was for her to get an income. That said - he did not stress that enough!!! If she is homeschooling, they cant afford to do that. She needs to get a job and send them all to public.
💯 plus I’m 95% sure she doesn’t have the teacher credentials to homeschool properly. $1450 is such a small mortgage, they probably would cost almost the same renting.. Get a JOB!!!
@dagobert1234321 You don't need teacher credentials to homeschool!! You can easily use a program that will mail you all the curriculum to teach! Or even if you make your own curriculum, you're teaching things out of books, just like in a school. Do you seriously think that most elementary school teachers are just teaching their student off the top of their heads?
@@FrenchCruller03 Those program aren't free but you may be a able to find free curriculum....either way it goes this lady cannot afford the privilege of homeschooling she needs to go get a job.
Me too. I just don't understand how they can say they love that person and make zero moves to help. I am also willing to bet she always tells him they have to spend money on something.
Being stay at home mom is a luxury. Im a woman and i hate when Dave blames on the man for not making enough money. Yet he’s okay with the wife saying at home. She should know that she’s part of a problem.
Did you think of the possibility that it might be a joined decision? Both the wife and husband want her to stay at home and raise the children? I don’t know why she’s getting so much hate
I agree. And she’s stupid, 1450 a month is an amazingly good, affordable cost for a house. They don’t have a house poor problem, they have a poor problem in general. Because she needs to get a job. Housing ain’t getting any cheaper than that
I also hate the public school system due to its indoctrination/bias, but I work full-time along with my husband, and we invest our money so that hopefully soon we can retire or afford to put our kid in private or home schooling. She would be better off just teaching her kid for an hour a day when they come home from school, to help fight the propaganda. Instead of trying to homeschool them full-time, and being poor for the next 18 years
There are plenty of couples who homeschool with both parents working. This seems to be the quickest solution for their problem. Assuming her mom can help watch the children, that will make it even easier.
I'm amazed that the man is always the one who needs to pick up another job as if his presence in his family isn't important. You might have a solution, but you're picking up another problem too.
@@thebeegood1731 Yeah the problem is they bought the house under the expectation that they were both working. If they had planned for her to quit after they bought the house, sure.
@@thebeegood1731 I understand as I am a stay at home mom. However, traditions do not pay the bills. She wants Dave to figure out how her husband can support his nuclear family + her mom. That just seems so unfair.
@@andreamichelle1 it’s not unfair if they both agreed to it! I’m sure she didn’t just wake up and quit her job without talking it over with him 1st! So if he was on the decision for her to be a stay at home mom, he has to pick up the slack and get a better job or a 2nd job, while mom is home with the kids! It’s better for the kids to at least see one parent vs no parent
Start by getting an evening job, then you and your husband can focus on increasing your incomes together. He shouldn't be the only one contributing financially if they have money issues.
I could go on and on about how bad this situation is.. Your kids need to go to public school and you need to get a job.. you dont have to homeschool your kids to make them god fearing. Your husband is getting ripped off with his salary being incharge of 15 people making just over 50k at a finance company. Tellers at a bank make 50k. Clearly yall arent working a budget. How could you not know quitting your job would make you house poor?
You must have been living under a rock with what is going on in public schools. No way we will put our kids through public school. There’s other ways to make it work
This is such a sad situation. If you want to stay at home with the kids, you have to make such huge sacrifices. I think this happens to so many people and I think advice should be given to every couple to live on only one income even if you have not had your kids yet. That way, when you have kids, staying home can at least be an option. Young couples get into the trap of wanting nice cars and the best house etc and then when they have kids they are trapped in that debt.
I agree with you. I personally think that being a stay at home mothers is only possible if you're husband is making close to $100k a year. The $55k job is not going to cut it. He should not be at a job 10 years and only making that salary.
My wife and I both worked, with kids. You can't just be a princess and put everything on your husband. Get to work. You can't afford to homeschool. Put the kids in school and get to work.
I am constantly amazed at how people can not think of things from more than one angle. They just keep on the disastrous track they are on until the absolute worse happens. They they have no idea what to do.
homeschooling is great in theory but the families that can actually do it and do it well usually have more income than they are working with. Sorry mama, move or get a job.
How is home schooling great in theory? If the curriculum is the same as public schools, at minimum there is no classroom atmosphere or interactions with teachers, students. It's a very lazy and effortless way of education that shouldn't exist.
@@Primitive_Code Very large homeschooling community where I live and have been watching it grow since the 90s. Plenty of interaction. They play sports and whatnot. Mom don't need to work and even the fathers are flexible with work. Families are good with finances and know how to plan for things. Also public schools can't do travel and field trips like homeschooling does especially with the groups I know.
@@blackworldtraveler3711 your 2nd paragraph about flexibility, mom not working is a good reason to homeschool. Other than that, sports and field trips should NOT be reasons to home school kids. I would never home school my kids, I want them to taste the outside a bit, like the brutally cold weather while waiting for the bus or walking upward a mile to get to bus like I did.
@@Primitive_Code Those weren't reasons for them. Home school is what they wanted to do. They planned and just made it work. More important to them than new cars,big house,keeping up with the Joneses,etc... Sports is part of the territory especially when there are around 100 households homeschooling in the area. You said classroom atmosphere and interactions with teachers and student and that's what it is. Not lazy but it is effortless because it's what the parents wanted to do.The class room can be places like Jamestown/Williamsburg,Galapagos Islands,Verona Italy,Spain,etc..along with the books. My dentist was home schooled.
Caller and/or husband can donate plasma for $100/wk (like 3hrs of time), which will drop the house payment to 1/4 income, her husband can also get a better job. You can easily make $50k/yr at a grocery store here in SLC.
54k a year is Salt Lake City, UT is ~$3,140 a month. After their mortgage they’ve got ~$1,690. After utilities, bills, groceries, savings/retirement your left with pennies. You need to go find a job darling.
I agree it would be great to have a house payment equal to 25% of take home pay.... however....I have for 12 years been paying 50% of my take home for my house....so it can be sustainable. And my house payment is LESS than rent for 1/2 the size. (Nope not in a large or fancy home just grateful I was able to buy something as I now have 12 yrs of equity-and I did buy 30 miles from employment. Homes are EXPENSIVE. Single parents don't always have the same options that biblical families have in terms of options.
thanks for posting. I too am over 50% for 12 years. quite a bit over. total house cost... adjusted the mortgage twice in tough times. someday I will sell. problem is every year the dang thing keeps going up. logistically today, if I sold, I would have been PAID to live in the house. agree it can be sustained. like you, just couldn't avoid what we knew 2010 was! no need for just 25% then...
Rachel and Dave are right on. Kaitlyn have changed their income and their housing has to change to reflect that. Move down in house or increase household income.
I would bet they probably have a 3% interest-rate on their house and right now interest rates are about 5%. I don’t know if they’d be able to move down that far.
Here’s the issue I have. The housing market is so inflated right now that even if they sold the house and made a profit, getting into another one wouldn’t necessarily be cheaper even if they downsized. I bought a home - a tiny bungalow for 79k. The value has doubled now and I’ve been approached to sell, but I won’t do it because I saw my friend who also just bought a home, and she struggled. She was euphoric at first at the sale of her previous home because of the profit she made, but it took her a year to get another. Kept getting outbid or having investment firms with cash offers crowd her out. She finally got a home this year, but it’s way overvalued as they all are. 265k for a home that sold for half that 10 years ago. And renting is just as bad because those prices have gone up substantially as well and would be just as much as the mortgage they are paying now. My advice to this lady is to either find a job she can do from home or go back to work, even if it’s part time. Being a SAHM is wonderful, but these are trying times. Sometimes sacrifice is needed.
Keep the house. Mom (if she is capable) can home school the kids and babysit while wife goes back to work. So much is left out. How old are the kids, is Mom contributing to the household in any way...she only said Mom didn't save for retirement...so Mom can help with wife's dream of homeschooling. My mom was sharper than a tack at even as old as 75.. Through the years She babysat her grand kids...and then her great grandkids, helped with school work while maintaining her own independent living. Everybody in the household have to help each other not rely on one central figure to provide everything
If she's already taking care of her kids at home and doesn't want to put them in daycare (which I understand), she could provide daycare for 2 or 3 children. Also, when she starts to homeschool the kids, she can do the same thing...she can charge for 2, 3 or more other children to join her and her children. On top of that, is the grandmother contributing? Even $500-$600 per month would make a huge difference. If they have an extra bedroom, they could have a foreign student stay with them. Basically what I'm saying is that if she really wants to stay home with her children, and she wants to minimize the financial stress she's feeling, there are a number of ways she can stay home and add to her family's income.
I was thinking of the same things during that call. In California there are programs that subsidize adults who serve as caregivers for elderly relatives living with them. It sounds like mom needs to explore some options and grandma needs to get a caseworker to find out if there is money her daughter can be subsidized--I am not a fan of such programs though these are the situations they were designed for.
So, one of two things needs to happen! She needs to get a job, because selling the house isn't going to change anything, they will just being paying even more in rent. Or, he needs to get a better job, 50K is pennies a year. Send the kids to public school and get back to work lady, problem solved!!!
She needs to work. He, like Steve said, is already making pretty much the average full time salary. It might be "pennies" for you but it is way more than his wife is contributing financially. And why is no one asking what grandma is contributing? Kick her out and rent the room out to a decent paying roomie (house hack)
Most parents I know work 2-4 jobs between them. Sounds like just not putting enough hours into work which makes no sense if the grandma is available to watch the kids sometimes assuming she doesn't have significant health limitations
Been there, some people rather pile on everything on the man's shoulders rather than even working part time to help him. The mortgage payment doesn't even seem that bad compared to renting, she just needs to figure out a way to work in between home schooling or have the kids go and get an education like 99 percent of rest of the population. Can't have it all 🤷🏽
When we bought our house, we had a twenty percent down payment saved up and a small budget. At the time I was stay at home and working part time at my son's school. When we sat down with the loan officer I was surprised that my husband only included his income in the pre-approval amount. When we bought our house the underwriter wanted a slightly higher income to debt ratio and called to ask me if we had savings we could cash out. I told her I had a job and my income was exactly what we needed to qualify. As a bonus surprise, we got the house.😊
That is actually a good payment for a house and dave is saying to sell it. 55k is a great income!!! If she starts working then they have to pay for child care! Day care and school cost money!! Why is dave saying to sell the house? So freaking stupid! What now is the proper household income?? Kinda pisses me off. A new payment on a smaller house would be more!!
@Google User - yes the husband needs to ask for a huge pay raise or get another job. However the numbers of house payment and income said great which is why I’m disappointed in Daves Analysis. It’s obvious that the grandma is dead weight and needs to either pay rent or be the main homeschool teacher!
@@googleuser8660 the median household, below age 40, doesn't have a house. never mind a house in SLC. the median household income at age 40 or above, married couple, is the baseline no one wants to talk about...
Daycare costs money public school is free, she needs to get a job based around the kid's school hours she could definitely apply to work at the school as an aide or anything else she may qualify for. SHE needs to contribute and her husband should look into working for another company for a salary increase. Teamwork makes the dream work period, she's putting everything on hubby..stressing that poor man out.
It’s obvious she does not want to work and wants her husband to financially take care of the family. Nothing wrong with that but with his salary and the only one making ends meat his living paycheck to paycheck.
1,400k a month on 4k net a month isn't exactly house poor. It would be hard to find something cheaper for a family of four. She's mormon so you know going to work outside the home with kids would be frowned upon. She needs to babysit, clean houses...even a few hundred a month extra and they would be fine. Her mom can jump in and help with childcare a few hours a week.
Mormon or not, the grandma should either pay some kind of rent, and/ or help in doing the homeschooling @reese . Also @reese the woman says her take home pay is $4000 which Dave agreed with.
If the house was a “blessing from the Lord” when they bought it years ago it’s still a blessing now. God doesn’t give a blessing and then decide to add sorrow to it years later. Sometimes it’s our own decisions that cause us to have sorrow in our life & we have to take accountability for those decisions. And their mortgage is less than the avg rent. Selling right now would be crazy. I’d up my income before even thinking about getting rid of a $1400 mortgage payment. Where there is a will there is a way
She doesn't sound like she would be an effective home schooler. Keep the kids in proper school and get back to work. Everyone (herself most of all) will benefit.
@@matthewgardner2144 She sounds like she's gotten a bit to comfortable being at home. Why only now plan to homeschool? When the pandemic is more or less over and schools have returned to normal.
I must be living in the twilight zone. A 1450 house payment bringing home 4k a month is NOWHERE near house poor, especially with no other debts. You can atleast bank $1500 a month in savings. Selling the house would just be silly.
We waited till we could afford kids. First got our education and careers set for higher income, then bought a condo, then had kids, and then bought a house. I don’t get why people do it in backwards order.
@@reese85 enough to be able to give them a good life and not have to rely on public assistance to put food on the table. There are way too many kids born into poor households who aren’t raised properly, and end up going down the wrong path in life when they get older (gangs, drugs, etc.). Before anyone kills me here, yes I understand there is a systemic problem in most cases, but the choice to bring in children into a bad situation is squarely on these adults.
@@BengalTiger47 but what if you bring them into the world in a good or stable situation and it turns bad? I mean, life happens and it doesn’t always goes as planned
Don’t sell the house. Husband should Switch jobs. This video is a year old. If they took his advice and sold the house, they would be crying right now. Rents have sky rocketed.
Dave if his take home pay is $4k and their house payment is $1400, the payment isn't approaching 50%, it's at 35%. Surprised you didn't question car expense/payments?
Exactly what I was thinking. Most financial institutions say mortgages should be around 35% of take home pay- which what this woman has. Dave lost all credibility when he said to sell the the house as rent prices are likely double their current mortgage payment. There’s something this woman is spending their money on that she’s not saying. Also a guy who staying at a job only making 54000 a year is either dumb or lying about his real income. Incomes across the board has increase and he should at least ask for a pay raise. 😒
The house isn't the problem, the income is the problem. $1450/mo for a whole house is excellent these days. Can the caller's mom not contribute to the household income? The extra $500/mo would certainly help while the couple figures out what to do regarding their own income.
This is exactly what I was thinking! Dave missed the who thing with either selling the house or forcing the husband to work more. It’s obvious that the mother isn’t contributing to the house but taking resources away. Time to charge money or time. As a parent homeschooler, I know she can do something that will help. At least make her pay some rent or teach the kids while the wife (called) works!!
Wow She can work part time and help, I also have a situation where my mom lives with me but she pays me rent (very affordable) and I have a full time and a part time job,my husband also works full time, we all help each other and I still spend quality time with my kids , do I want to stay home with my kids more? Yesss but I know at this moment we can not afford it. Years ago I used to work less than 40 hours a week and complain how we were broke all the time and spend money and buys stupid ridiculous things, but I changed my mindset and things have been so much better
Why she wasting our time? This isn’t rocket science, sis. Put them kids in school and go back to work. The Great Resignation has people mistaken and confused.
what's stressing her out is the attempt to have her cake and eat it too, which is happening within an egregious lack of boundaries set by hubby ("u wanna stay home? yes dear", "u wanna huge house? OK hun)
Dave you gave garbage advice to this lady. No don’t sell the house. Where else can five people live this cheap? This is exclusively an income problem. It is phantasy that his income will suddenly moon. She needs to get her income going. If staying home is so big a deal fine work evenings and weekends and make enough to cover the house payment and done.
wife always had a part time job in the evenings to help ends meet. also sounds like the husband is getting taken advantage of at work. hard to believe 50k after 10 years.
Money is everywhere nowadays. She needs to pull up her bootstraps and look for it. Doordash, Uber, reselling on Mercari or EBay, part time job, baby sitting, online tutoring, the options for making money nowadays are endlessssss. I hate when people act clueless as to why they’re struggling and how to fix it.
Depending on how old the kids are, she can work and homeschool them. I understand wanting to homeschool your kids even though I dont have kids. She could even work for a year and get those kids homeschooled the next year and save the money. That won’t hurt em!!! She could also start a homeschooling business possibly if thats a thing or a daycare. Or her husband can do a side business. Or downgrade in car/cars. Or downgrade in house. I would ask mom if she can contribute anything also. But probably not a factor. This isn’t an impossible situation and not the worst situation to be in. Just some shifts need to happen by the grace of God.
Homeschooling doesn't take up 24 hrs of the day..... She can pick up a part time job and that would help. This is why my husband and I got a 800 mortgage payment 10 year fixed rate in case one of us was out of a job or even became disabled, we could live off one salary. Our place is small but we love that we are not house broke. It's less than 12% of our monthly take home. Thanks for sharing this video because it shows we are making the right decisions for us.
Mothers eternally bank on the idea that taking care of children is the hardest job in the world. They don't want anyone knowing they sit around doing nothing but getting fatter most of the time!
I’m surprised Dave didn’t ask what they were doing with the $2600 a months after mortgage, with no debt. Groceries, utilities, and car insurance, if they own a vehicle, do not cost $2600 a month. They have no other debt so where is the money going?
And here I was anxious about my wife staying home with my 240k salary. 😰 Sounds like an income problem. That mortgage payment isn’t a lot depending on where you live, but it’s is stretching their budget for sure. It’s admirable that she wants to be a stay at home wife, but she needs to go to work.
My late friend paid $1200 a month for a tiny nothing studio. This lady would be paying 3500 a month if they rent. No big deal: tighten the belt and rent out a room, rent out the garage. No complaining!!!!!! The more she can rent out the better. Rent out a storage space. Storage rates are super high. I need to rent an office art studio or storage! I would be happy to pay $50 a month for a closet. I would pay $200 a month happily for her shed in the backyard!
I like that. I guess it could also mean, don’t help someone out (who’s been financially irresponsible) if it means jeopardizing your own financial situation.
@@lovethemflowers Yeah, this poor lady is gonna ruin her own retirement to bail out her mother who didn't bother with retirement(or possibly who ruin her own retirement to help her parents in the past...) Definitely could create a vicious cycle
Yes Dave, there are team leaders and managers that don’t make that much. He seemed shocked when it’s almost the norm in America now. Overworked and underpaid. He should be able to make more with his experience. Wish them the best!
“Managers” usually make good money. A “team leader” is usually a glorified customer support agent who manages other customer support agents. I’ve never seen a highly paid professional with a title as team leader.
I have this problem currently. Wife sees her stay-at-home mom work as real work. She believes her day is harder than mine and that if she wasn't watching the kids, I couldn't work.
No sorrow, yet Jesus himself said in this world you will have many troubles... Doesn't sound right... They're WILL be problems and sorrow that come with blessings. Christians aren't exempt but Jesus said to take heart. He has overcome the world ❤️
She doesn't even know how much her husband makes. Either hes convinced her he doesn't make enough, or hes an idiot for staying in the same job for 10 years with that pay. Doesn't sound like he's even involving her in the finances and doesn't seem interested in figuring it out.
$1400 a month only gets you a small apartment in Utah. Dave has no idea what he’s talking about. Even 10 years ago $1400 was a low house payment in Utah.
It's interesting that she waited until near the end of the call to spring that detail that her mother moved in with them. Dave and Rachel should have asked if the caller's mom is working and contributing financially. The caller is a young mother, so her mother isn't too elderly to work or take care of the kids. One or both of those women needs to get a j.o.b.
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$1,400 is not a bad mortgage payment. If they want to keep the same lifestyle, she needs to at least get a part time job of 20 hours or so. Their situation really doesn’t look that bad imo.
Yeah, I think Dave missed the issue w this lady...everything in life has tradeoffs and she doesn't seem to understand why not working and not making other significant changes means she's broke.
Agreed!!
I don't know she is even considering a part time job which she can get night or weekend hours this started when she quit her full time work but kindly taking her mother in she's making herself sacrifice alot
My rent is like $1,350😬
Time to save for a house
@@Landon_Hughes right, but in 10 years their mortgage will still be $1,400 a month. Your rent might go up in 10 years.
selling the house wont do anything $1500 a month is good instead of paying over 2k for a apartment, she needs to get a full time job and let the kids go to public school. they will be able to afford it
Keep in mind it's not just mortgage, it's also property tax and maintenance, things you don't have to worry about when renting.
@@richard77231 I bet that's 1,400 a month includes all that in the payment. I would keep the house renting is more expensive than that, especially these days
@@caydenthompson126 Property tax is often included in the mortgage payment, but maintenance is not. We don't know what kind of maintenance expenses the house currently needs that they have been putting off, or what maintenance needs will arise in the future.
But my take away was not that they would rent, but that they would downsize and buy a smaller house,
@@thelogicaldanger with the rent increases that’s been going on, people are paying for a roof every year.
Realistic View Point!! Rent is far more expensive especially in the big Cities
The guy is supporting his wife AND her mother, and she’s stressed over the finances?! Get a freaking job
This lady could just work 20 hours a week to help out
You’re asking too much from a dependa
They’re not bad off financially. This is a mental boogeyman situation
Exactly! People need to stop being lazy
People voted for this
@@bradyanderson5489 I rather work than take care of the house 💯‼️
I’ll never understand how people call without thinking “guess I could get a job”
Lol right?!
thats easier said than done , you cant just snap your fingers and boom , you have a job.
@@rayn1ful it is difficult but has to be at the top of your list of ideas
@@tylerparker1333 i have had the same job for 18 years now.
@@rayn1ful pushin broom?
Do not sell the house! Your rent or new home will be more expensive.
100%
Especially in SLC. If they bought in 2016, assuming 30yr mortgage and didn't refinance, I'd say they paid roughly $300k for their house. The same house today would be $600k-ish. Small, trashed houses are selling for $300-$400k in the same area. With the interest rates as they are today, moving down in house won't change much unless they can use their equity to pay off a mortgage completely.
@@cw48494 As someone who lives in SLC, I agree. Selling their house would be a massive step back
Yeah. This is bad bad advice
Then she needs to go back to work!!!!
She can actually still homeschooling and work some afternoon and evening shifts to help at the onset. Her mother is living with her and should be able to assist with childcare. She actually has options.
Just hearing this woman speak, Is she suitable to homeschool her children?
Right
Yeah make about 1500 a month and just pay that for the house you are correct.
Right and she can work remotely -- there are so many remote jobs out there.
She can drive independent delivery for Walmart and Amazon and make 18 dollars an hour. She can throw that in four evenings per week. The shifts are two hours and you get tips. I use those two stores for groceries delivery and give good tips. So I assume other people do as well. Husband can look after his kids for that short time.
Totally agree. 10 years is a long time not to get a new job or pay increase. Shop around, know your worth
I live in the area I know for a fact team leaders in the financial company makes 100k+ I work for a financial company here not as a lead but I know they make that
I feel he works at the call center to help customers calling in
Sell the house??? They're not going to find anything decent for less than $1400. She probably needs to go back to work or he should get a better or second job.
I do not live in Utah but I am not seeing any reasonable homes for that price (under $1500). I can only seeing that happen if they're in a trailer or Modular home.
Am surprise Dave didn't mention , she looking a job
Exactly, $1450 is a 2/1 APARTMENT where I live, they need to keep their house. Even an extra $1000 a month will help them.
It really depends on where you live.
They can’t afford the house. People need to live according to their income, meaning they can find a low income apartment rental for example, to match their actual income. These are life decisions. This caller hasn’t been able to increase their income in 10 years so Dave is telling them to accept reality, which is not something you and many understand (hence why we live in so much debt in America).
Sounds like mama bear needs to get back to work! Nights and weekends. Stop putting it all on the husband.
Absolutely!
Yes! Dave didn’t even mention that as an option. Like put the kids in school and get a regular job?
He did offer it as an option
@@anni3274 he did!
@@reese85 you’re right I commented before finishing the video lol
I love Dave, but I disagree with the assessment that this is all on the husband. He even pointed out that, they bought the house based upon "both" of their incomes. They had no problem living until she decided to quit her job during the pandemic and rely upon those stimulus checks. I'm sorry, this is cut and dry. They are house poor because the other income isn't there. This is not all about the husband's income, IMO!!!
I agree with you. I think he should be making more based on his experience but, it has more to do with her not working.
The husband def should be making more than he what’s doin and they used the checks to get out of debt! So I’m assuming after that, they decided it was best for her to be home with the kids, nothing knowing it would catch up to them
Shoulda stressed the fact of one income way harder too
This is what I thought at first but then I continues to listen and Dave did say one of the options was for her to get an income. That said - he did not stress that enough!!! If she is homeschooling, they cant afford to do that. She needs to get a job and send them all to public.
I think Dave is trying to make room for her to stay at home and homeschool.
She needs to get a job. Forget about homeschooling for now. You cannot afford it.
💯 plus I’m 95% sure she doesn’t have the teacher credentials to homeschool properly.
$1450 is such a small mortgage, they probably would cost almost the same renting..
Get a JOB!!!
Better call Saul.
@dagobert1234321
You don't need teacher credentials to homeschool!! You can easily use a program that will mail you all the curriculum to teach! Or even if you make your own curriculum, you're teaching things out of books, just like in a school. Do you seriously think that most elementary school teachers are just teaching their student off the top of their heads?
@@FrenchCruller03 Those program aren't free but you may be a able to find free curriculum....either way it goes this lady cannot afford the privilege of homeschooling she needs to go get a job.
Always pisses me off when a stay at home spouse wants to continue staying at home when the family is struggling.
Me too. I just don't understand how they can say they love that person and make zero moves to help. I am also willing to bet she always tells him they have to spend money on something.
Being stay at home mom is a luxury. Im a woman and i hate when Dave blames on the man for not making enough money. Yet he’s okay with the wife saying at home. She should know that she’s part of a problem.
Did you think of the possibility that it might be a joined decision? Both the wife and husband want her to stay at home and raise the children?
I don’t know why she’s getting so much hate
I agree. And she’s stupid, 1450 a month is an amazingly good, affordable cost for a house. They don’t have a house poor problem, they have a poor problem in general. Because she needs to get a job. Housing ain’t getting any cheaper than that
I also hate the public school system due to its indoctrination/bias, but I work full-time along with my husband, and we invest our money so that hopefully soon we can retire or afford to put our kid in private or home schooling. She would be better off just teaching her kid for an hour a day when they come home from school, to help fight the propaganda. Instead of trying to homeschool them full-time, and being poor for the next 18 years
Your kids need to go to public school and you need to go get a job.
Haven’t watched video yet. But if she isn’t doing those things she needs to quit complaining
amen
No. Public school is pure trash. They can find other ways to make it work. I would never put our kids in public school.
Say it louder for the folks in the back!
Yes!!! I said this as soon as she described the problem.
People make excuses to keep doing what they’ve always done and complain that they don’t know why they can’t get ahead.
wtf? A mortgage payment in Bay Area ca is 10k-18k a month. Where are there homes that are only $1400??
There are plenty of couples who homeschool with both parents working. This seems to be the quickest solution for their problem. Assuming her mom can help watch the children, that will make it even easier.
I'm amazed that the man is always the one who needs to pick up another job as if his presence in his family isn't important. You might have a solution, but you're picking up another problem too.
Thank you. Preach it
@@thebeegood1731 Yeah the problem is they bought the house under the expectation that they were both working. If they had planned for her to quit after they bought the house, sure.
@@thebeegood1731 I understand as I am a stay at home mom. However, traditions do not pay the bills. She wants Dave to figure out how her husband can support his nuclear family + her mom. That just seems so unfair.
@@andreamichelle1 it’s not unfair if they both agreed to it! I’m sure she didn’t just wake up and quit her job without talking it over with him 1st! So if he was on the decision for her to be a stay at home mom, he has to pick up the slack and get a better job or a 2nd job, while mom is home with the kids! It’s better for the kids to at least see one parent vs no parent
@@bensondentalassociates8690 things changed once they got out of debt! They prob thought she didn’t have to work anymore
Start by getting an evening job, then you and your husband can focus on increasing your incomes together. He shouldn't be the only one contributing financially if they have money issues.
Exactly! Get back to work lady! You are avoiding it!
And if it's HER mom living in their house.
I could go on and on about how bad this situation is..
Your kids need to go to public school and you need to get a job.. you dont have to homeschool your kids to make them god fearing.
Your husband is getting ripped off with his salary being incharge of 15 people making just over 50k at a finance company. Tellers at a bank make 50k.
Clearly yall arent working a budget. How could you not know quitting your job would make you house poor?
You must have been living under a rock with what is going on in public schools. No way we will put our kids through public school. There’s other ways to make it work
where do you live...tellers at our banks make around 30 k. I used to be one.
@@canadianjatti i live on mars
This is such a sad situation. If you want to stay at home with the kids, you have to make such huge sacrifices. I think this happens to so many people and I think advice should be given to every couple to live on only one income even if you have not had your kids yet. That way, when you have kids, staying home can at least be an option. Young couples get into the trap of wanting nice cars and the best house etc and then when they have kids they are trapped in that debt.
I agree with you. I personally think that being a stay at home mothers is only possible if you're husband is making close to $100k a year. The $55k job is not going to cut it. He should not be at a job 10 years and only making that salary.
Keeping up with the Joneses
My wife and I both worked, with kids. You can't just be a princess and put everything on your husband. Get to work. You can't afford to homeschool. Put the kids in school and get to work.
@@Argedis how is this situation, keeping up with the joneses?
@@jimroscovius how you kno that wasn’t a joint decision? I see everyone attacking her for being a stay at home as if that was solely her decision
Hi from the UK. Love your work and thanks for all the help. You have massively improved my life over the past couple of years.
I am constantly amazed at how people can not think of things from more than one angle. They just keep on the disastrous track they are on until the absolute worse happens. They they have no idea what to do.
There is no way her husband works as a manager at a financial institution, managing 15 employees and making 50k/year.
No way.
homeschooling is great in theory but the families that can actually do it and do it well usually have more income than they are working with. Sorry mama, move or get a job.
How is home schooling great in theory? If the curriculum is the same as public schools, at minimum there is no classroom atmosphere or interactions with teachers, students. It's a very lazy and effortless way of education that shouldn't exist.
@@Primitive_Code
Very large homeschooling community where I live and have been watching it grow since the 90s. Plenty of interaction. They play sports and whatnot.
Mom don't need to work and even the fathers are flexible with work. Families are good with finances and know how to plan for things.
Also public schools can't do travel and field trips like homeschooling does especially with the groups I know.
@@Primitive_Code guess he told you
@@blackworldtraveler3711 your 2nd paragraph about flexibility, mom not working is a good reason to homeschool. Other than that, sports and field trips should NOT be reasons to home school kids. I would never home school my kids, I want them to taste the outside a bit, like the brutally cold weather while waiting for the bus or walking upward a mile to get to bus like I did.
@@Primitive_Code
Those weren't reasons for them. Home school is what they wanted to do. They planned and just made it work. More important to them than new cars,big house,keeping up with the Joneses,etc...
Sports is part of the territory especially when there are around 100 households homeschooling in the area.
You said classroom atmosphere and interactions with teachers and student and that's what it is. Not lazy but it is effortless because it's what the parents wanted to do.The class room can be places like Jamestown/Williamsburg,Galapagos Islands,Verona Italy,Spain,etc..along with the books.
My dentist was home schooled.
Keep the house. Increase income. $1400 won’t even get you a 1 bedroom in many places so selling is a non-solution
Kaitlyn just called to whine. She's pleased with everything except the house payment.
lol...This is true. Especially being debt free.
She probably wanted Dave to tell her to make her husband get a second job so she can use that to pressure him to work harder while she does nothing.
Selling a house instead of just getting a job is the worst financial advice ive ever seen.
The house payment is not bad. They need breathing room and more income period
I agree exclamation point
@@michaelc7014 ppp
Caller and/or husband can donate plasma for $100/wk (like 3hrs of time), which will drop the house payment to 1/4 income, her husband can also get a better job. You can easily make $50k/yr at a grocery store here in SLC.
54k a year is Salt Lake City, UT is ~$3,140 a month. After their mortgage they’ve got ~$1,690. After utilities, bills, groceries, savings/retirement your left with pennies. You need to go find a job darling.
To be honest they aren’t putting away much if at all to retirement with that income.
I wonder how much higher their household income was when she was working? I wish he’d asked her what SHE was making yearly.
I agree it would be great to have a house payment equal to 25% of take home pay.... however....I have for 12 years been paying 50% of my take home for my house....so it can be sustainable. And my house payment is LESS than rent for 1/2 the size. (Nope not in a large or fancy home just grateful I was able to buy something as I now have 12 yrs of equity-and I did buy 30 miles from employment. Homes are EXPENSIVE. Single parents don't always have the same options that biblical families have in terms of options.
thanks for posting.
I too am over 50% for 12 years. quite a bit over. total house cost...
adjusted the mortgage twice in tough times.
someday I will sell. problem is every year the dang thing keeps going up.
logistically today, if I sold, I would have been PAID to live in the house.
agree it can be sustained.
like you, just couldn't avoid what we knew 2010 was! no need for just 25% then...
30 miles from work has to be a large expense each week.
Rachel and Dave are right on. Kaitlyn have changed their income and their housing has to change to reflect that. Move down in house or increase household income.
Or she goes and gets a job.
I would bet they probably have a 3% interest-rate on their house and right now interest rates are about 5%. I don’t know if they’d be able to move down that far.
Yes, but there isn't much more "down" from $1450, these days..she has to work again.
Dave is pointing everything to the obvious. If she wants the home she needs to help.
And $1400 isn't even that much. That's probably what rent would be
It;s not 50 percent for one, people in San Francvisco regularly pay 60%...She needs to skip the home schooling and go get a job.
Problem solved.
If the payment includes taxes and insurance it's only 35% of take home. And you can't live anywhere for $1,400/mo.
Here’s the issue I have. The housing market is so inflated right now that even if they sold the house and made a profit, getting into another one wouldn’t necessarily be cheaper even if they downsized. I bought a home - a tiny bungalow for 79k. The value has doubled now and I’ve been approached to sell, but I won’t do it because I saw my friend who also just bought a home, and she struggled. She was euphoric at first at the sale of her previous home because of the profit she made, but it took her a year to get another. Kept getting outbid or having investment firms with cash offers crowd her out. She finally got a home this year, but it’s way overvalued as they all are. 265k for a home that sold for half that 10 years ago. And renting is just as bad because those prices have gone up substantially as well and would be just as much as the mortgage they are paying now. My advice to this lady is to either find a job she can do from home or go back to work, even if it’s part time. Being a SAHM is wonderful, but these are trying times. Sometimes sacrifice is needed.
Keep the house. Mom (if she is capable) can home school the kids and babysit while wife goes back to work. So much is left out. How old are the kids, is Mom contributing to the household in any way...she only said Mom didn't save for retirement...so Mom can help with wife's dream of homeschooling. My mom was sharper than a tack at even as old as 75.. Through the years She babysat her grand kids...and then her great grandkids, helped with school work while maintaining her own independent living. Everybody in the household have to help each other not rely on one central figure to provide everything
If she's already taking care of her kids at home and doesn't want to put them in daycare (which I understand), she could provide daycare for 2 or 3 children. Also, when she starts to homeschool the kids, she can do the same thing...she can charge for 2, 3 or more other children to join her and her children. On top of that, is the grandmother contributing? Even $500-$600 per month would make a huge difference. If they have an extra bedroom, they could have a foreign student stay with them. Basically what I'm saying is that if she really wants to stay home with her children, and she wants to minimize the financial stress she's feeling, there are a number of ways she can stay home and add to her family's income.
I was thinking of the same things during that call. In California there are programs that subsidize adults who serve as caregivers for elderly relatives living with them. It sounds like mom needs to explore some options and grandma needs to get a caseworker to find out if there is money her daughter can be subsidized--I am not a fan of such programs though these are the situations they were designed for.
Why can't she go back to work and the kids go to public school?
Because public school is pure trash. Are you living under a rock?
@@alqoshgirl That's a massive generalization and not true for many Americans.
So, one of two things needs to happen! She needs to get a job, because selling the house isn't going to change anything, they will just being paying even more in rent. Or, he needs to get a better job, 50K is pennies a year. Send the kids to public school and get back to work lady, problem solved!!!
Lol, the average annual income for a full timer worker in the US is not much more than $50k
She needs to work. He, like Steve said, is already making pretty much the average full time salary. It might be "pennies" for you but it is way more than his wife is contributing financially. And why is no one asking what grandma is contributing? Kick her out and rent the room out to a decent paying roomie (house hack)
@@matthewphillips5483 uh, did you not read my post there?
Most parents I know work 2-4 jobs between them. Sounds like just not putting enough hours into work which makes no sense if the grandma is available to watch the kids sometimes assuming she doesn't have significant health limitations
Been there, some people rather pile on everything on the man's shoulders rather than even working part time to help him. The mortgage payment doesn't even seem that bad compared to renting, she just needs to figure out a way to work in between home schooling or have the kids go and get an education like 99 percent of rest of the population. Can't have it all 🤷🏽
Waitress on the weekends, done. Easily work Friday, Saturday nights and Sunday mornings. Lots of money to be made.
When we bought our house, we had a twenty percent down payment saved up and a small budget. At the time I was stay at home and working part time at my son's school. When we sat down with the loan officer I was surprised that my husband only included his income in the pre-approval amount. When we bought our house the underwriter wanted a slightly higher income to debt ratio and called to ask me if we had savings we could cash out. I told her I had a job and my income was exactly what we needed to qualify.
As a bonus surprise, we got the house.😊
The Blessings of the Lord have no Sorrow in it. 😇 I love this!🙏🏽
That is actually a good payment for a house and dave is saying to sell it. 55k is a great income!!! If she starts working then they have to pay for child care! Day care and school cost money!! Why is dave saying to sell the house? So freaking stupid! What now is the proper household income?? Kinda pisses me off. A new payment on a smaller house would be more!!
If the mom is capable of helping, she can watch the kids while she goes back to work.
55k for a family sucks…
@Google User - yes the husband needs to ask for a huge pay raise or get another job. However the numbers of house payment and income said great which is why I’m disappointed in Daves Analysis. It’s obvious that the grandma is dead weight and needs to either pay rent or be the main homeschool teacher!
@@googleuser8660 the median household, below age 40, doesn't have a house. never mind a house in SLC.
the median household income at age 40 or above, married couple, is the baseline no one wants to talk about...
Daycare costs money public school is free, she needs to get a job based around the kid's school hours she could definitely apply to work at the school as an aide or anything else she may qualify for. SHE needs to contribute and her husband should look into working for another company for a salary increase. Teamwork makes the dream work period, she's putting everything on hubby..stressing that poor man out.
She needs to work. There are thousands work from home jobs so she can still take care of the kids.
OnlyFans? :D
Caller:
“We’re broke”…….. “I quit my job”…… “what do we do?”
Everyone in the comments:
Math.
He works at a call center. Period. lol. He doesn't make enough for her to stay home.
$1450 in SLC? Where else could you move for less in that city?
It’s obvious she does not want to work and wants her husband to financially take care of the family. Nothing wrong with that but with his salary and the only one making ends meat his living paycheck to paycheck.
It is something wrong with that if he can't afford it. She needs to go get a job.
Excuses. Customer service work from home jobs are paying 15-25$ an hour based on experience and you can set your own hours.
1,400k a month on 4k net a month isn't exactly house poor. It would be hard to find something cheaper for a family of four. She's mormon so you know going to work outside the home with kids would be frowned upon. She needs to babysit, clean houses...even a few hundred a month extra and they would be fine. Her mom can jump in and help with childcare a few hours a week.
He’s not netting 4K! Prob $3500
@@reese85 she said 4k net a month in the call..
Mormon or not, the grandma should either pay some kind of rent, and/ or help in doing the homeschooling @reese . Also @reese the woman says her take home pay is $4000 which Dave agreed with.
@@phil8253 take home pay can’t be 4k making 54k! Do the math yourself
@@reese85 more like $3300
If the house was a “blessing from the Lord” when they bought it years ago it’s still a blessing now. God doesn’t give a blessing and then decide to add sorrow to it years later. Sometimes it’s our own decisions that cause us to have sorrow in our life & we have to take accountability for those decisions.
And their mortgage is less than the avg rent. Selling right now would be crazy. I’d up my income before even thinking about getting rid of a $1400 mortgage payment. Where there is a will there is a way
many of us are in the same situation. either house broke or barely covering rent.
Team leader in a financial company on 54k a year?
There is no way my man isn't banking another 50k in an offshore bank account.
Lol
Sugar Baby
Sounds like he works for a debt collector
Most vague job description I've ever heard, could mean almost anything. He probably manages a payday loan store or something.
@@stevee8318THAT was my first thought, but sounds like he works in a call center for a debt collection
She doesn't sound like she would be an effective home schooler.
Keep the kids in proper school and get back to work. Everyone (herself most of all) will benefit.
I agree, Even if she $30-35k it will help a lot.
Right? It's scary how the caller thinks any random person can homeschool. She doesn't sound very educated.
@@matthewgardner2144 She sounds like she's gotten a bit to comfortable being at home. Why only now plan to homeschool? When the pandemic is more or less over and schools have returned to normal.
I must be living in the twilight zone. A 1450 house payment bringing home 4k a month is NOWHERE near house poor, especially with no other debts. You can atleast bank $1500 a month in savings. Selling the house would just be silly.
exactly, like what? Ive seen that kind of financial situation with zero issues everywhere.
If he makes 55k per year I don't think he is taking home 4k per month, unless it is 55k net. If it's gross, I'd say take home is 2500 to 2800.
@@hastycontemplation I agree. I don't know what math Dave be doing when calculating take home pay.
Take home pay is not 4k! Is he not getting taxed?
We waited till we could afford kids. First got our education and careers set for higher income, then bought a condo, then had kids, and then bought a house. I don’t get why people do it in backwards order.
Same.
What exactly does affording kids mean? How much do you have to make to afford kids?
People who actually plan their life are pretty rare! So many just let life happen to them, instead of taking charge.
@@reese85 enough to be able to give them a good life and not have to rely on public assistance to put food on the table. There are way too many kids born into poor households who aren’t raised properly, and end up going down the wrong path in life when they get older (gangs, drugs, etc.). Before anyone kills me here, yes I understand there is a systemic problem in most cases, but the choice to bring in children into a bad situation is squarely on these adults.
@@BengalTiger47 but what if you bring them into the world in a good or stable situation and it turns bad? I mean, life happens and it doesn’t always goes as planned
If they have no other debt than paying $1,400 a month making four grand a month is an easy proposition. They should have no problem with that at all
There's something else going on either drug addiction or alcoholism or gambling or something. Some vice is employee there that's taking a lot of money
I don't understand why grandma can't work or watch the kids so she can work.
This woman doesn't want to work.
Don’t sell the house. Husband should Switch jobs.
This video is a year old. If they took his advice and sold the house, they would be crying right now. Rents have sky rocketed.
Dave if his take home pay is $4k and their house payment is $1400, the payment isn't approaching 50%, it's at 35%.
Surprised you didn't question car expense/payments?
They have no more debt.
Net pay isn’t 4k
Exactly what I was thinking. Most financial institutions say mortgages should be around 35% of take home pay- which what this woman has. Dave lost all credibility when he said to sell the the house as rent prices are likely double their current mortgage payment. There’s something this woman is spending their money on that she’s not saying. Also a guy who staying at a job only making 54000 a year is either dumb or lying about his real income. Incomes across the board has increase and he should at least ask for a pay raise. 😒
She said only debt was mortgage
@@reese85 Cars are an expense payments or no payments. Could they go to a cheaper car and keep the house?
This is crazy. My husband works full time and I work part time and we homeschool our kids.
The house isn't the problem, the income is the problem. $1450/mo for a whole house is excellent these days. Can the caller's mom not contribute to the household income? The extra $500/mo would certainly help while the couple figures out what to do regarding their own income.
This is exactly what I was thinking! Dave missed the who thing with either selling the house or forcing the husband to work more. It’s obvious that the mother isn’t contributing to the house but taking resources away. Time to charge money or time. As a parent homeschooler, I know she can do something that will help. At least make her pay some rent or teach the kids while the wife (called) works!!
Wow
She can work part time and help, I also have a situation where my mom lives with me but she pays me rent (very affordable) and I have a full time and a part time job,my husband also works full time, we all help each other and I still spend quality time with my kids , do I want to stay home with my kids more? Yesss but I know at this moment we can not afford it.
Years ago I used to work less than 40 hours a week and complain how we were broke all the time and spend money and buys stupid ridiculous things, but I changed my mindset and things have been so much better
Why she wasting our time? This isn’t rocket science, sis.
Put them kids in school and go back to work. The Great Resignation has people mistaken and confused.
Very well said
She needs to go back to work. She also dumped her mother on her husband. She needs to woman up and get a job and help pay for HER mother.
Crazy idea. What if she got a job? I noticed they got on her husbands case…..
what's stressing her out is the attempt to have her cake and eat it too, which is happening within an egregious lack of boundaries set by hubby ("u wanna stay home? yes dear", "u wanna huge house? OK hun)
typical wasp Ramzy prescribes "work harder" for the male, not "live stricter" for the woman. smh
Dave you gave garbage advice to this lady. No don’t sell the house. Where else can five people live this cheap?
This is exclusively an income problem. It is phantasy that his income will suddenly moon. She needs to get her income going. If staying home is so big a deal fine work evenings and weekends and make enough to cover the house payment and done.
wife always had a part time job in the evenings to help ends meet. also sounds like the husband is getting taken advantage of at work. hard to believe 50k after 10 years.
Wrong move to quit the job ....big mistake
A studio in Salt Lake City will rent for $1,400. She’s not house poor
oh gosh caught the end. you can bet they're living on some of her mother's social security at this point.
Money is everywhere nowadays. She needs to pull up her bootstraps and look for it. Doordash, Uber, reselling on Mercari or EBay, part time job, baby sitting, online tutoring, the options for making money nowadays are endlessssss. I hate when people act clueless as to why they’re struggling and how to fix it.
She's just clueless on all levels....she cant even explain at a low level what her husband does
Depending on how old the kids are, she can work and homeschool them. I understand wanting to homeschool your kids even though I dont have kids. She could even work for a year and get those kids homeschooled the next year and save the money. That won’t hurt em!!!
She could also start a homeschooling business possibly if thats a thing or a daycare. Or her husband can do a side business. Or downgrade in car/cars. Or downgrade in house. I would ask mom if she can contribute anything also. But probably not a factor. This isn’t an impossible situation and not the worst situation to be in. Just some shifts need to happen by the grace of God.
Homeschooling doesn't take up 24 hrs of the day..... She can pick up a part time job and that would help. This is why my husband and I got a 800 mortgage payment 10 year fixed rate in case one of us was out of a job or even became disabled, we could live off one salary. Our place is small but we love that we are not house broke. It's less than 12% of our monthly take home. Thanks for sharing this video because it shows we are making the right decisions for us.
Mothers eternally bank on the idea that taking care of children is the hardest job in the world. They don't want anyone knowing they sit around doing nothing but getting fatter most of the time!
Smart thinking
Wish I could find a house for $1400 right now. Selling that house won't solve anything right now.
I'm doing well but I'm house broke and stressed out and quit my job! Wow
Funny!
Or, I'm doing really well for someone who is broke and stressed out.
I’m surprised Dave didn’t ask what they were doing with the $2600 a months after mortgage, with no debt. Groceries, utilities, and car insurance, if they own a vehicle, do not cost $2600 a month. They have no other debt so where is the money going?
How about bringing in another wife,
tell the wife she will always be first wife.
It's just my opinion but I think it is best for people to have to ability to ensure the mom can stay home before settling down and having kids.
And here I was anxious about my wife staying home with my 240k salary. 😰
Sounds like an income problem. That mortgage payment isn’t a lot depending on where you live, but it’s is stretching their budget for sure. It’s admirable that she wants to be a stay at home wife, but she needs to go to work.
If you are making 240k and your wife not working is a problem, you have a SPENDING problem.
"....but she needs to go to work" Hahaha
My late friend paid $1200 a month for a tiny nothing studio.
This lady would be paying 3500 a month if they rent.
No big deal: tighten the belt and rent out a room, rent out the garage. No complaining!!!!!! The more she can rent out the better. Rent out a storage space. Storage rates are super high. I need to rent an office art studio or storage! I would be happy to pay $50 a month for a closet. I would pay $200 a month happily for her shed in the backyard!
The husband is working only? Bingo!
What does she think this is? 1950's America? Everybody works three jobs to just barely get by these days.
@@RusskiCommieBot why y’all putting that decision all on her? I’m sure that was a joint decision
Do not set yourself on fire to keep someone else warm
I like that. I guess it could also mean, don’t help someone out (who’s been financially irresponsible) if it means jeopardizing your own financial situation.
@@lovethemflowers Yeah, this poor lady is gonna ruin her own retirement to bail out her mother who didn't bother with retirement(or possibly who ruin her own retirement to help her parents in the past...)
Definitely could create a vicious cycle
Yes Dave, there are team leaders and managers that don’t make that much. He seemed shocked when it’s almost the norm in America now. Overworked and underpaid. He should be able to make more with his experience. Wish them the best!
Thats an aweful salary ti manage anything but a bowl of jello
“Managers” usually make good money. A “team leader” is usually a glorified customer support agent who manages other customer support agents. I’ve never seen a highly paid professional with a title as team leader.
I have this problem currently. Wife sees her stay-at-home mom work as real work. She believes her day is harder than mine and that if she wasn't watching the kids, I couldn't work.
Let’s decide! What do you do for a living?
No sorrow, yet Jesus himself said in this world you will have many troubles... Doesn't sound right... They're WILL be problems and sorrow that come with blessings. Christians aren't exempt but Jesus said to take heart. He has overcome the world ❤️
Move down in house? 1500 ??? Sell plasma 800-900 per month! I wish I could own a house for 1500!
She doesn't even know how much her husband makes. Either hes convinced her he doesn't make enough, or hes an idiot for staying in the same job for 10 years with that pay. Doesn't sound like he's even involving her in the finances and doesn't seem interested in figuring it out.
Crazy
Not really easy to just quit when he's the one earning and the family probably relies on his health insurance plans as well.
Everyone’s calling him an idiot without considering that he may actually enjoy what he does. No one is telling the wife she needs to get a job.
@@Polostar79 nobody enjoys their job that much to not get paid for it!
@@reese85 she can run a daycare from her house, like my wife did
Moving down in house isn't an option. 1400 isn't expensive for a house in most areas in the US. They probably got a cheap interest rate
tell this lady to get a job and move on.
$1400 a month only gets you a small apartment in Utah. Dave has no idea what he’s talking about. Even 10 years ago $1400 was a low house payment in Utah.
It's interesting that she waited until near the end of the call to spring that detail that her mother moved in with them. Dave and Rachel should have asked if the caller's mom is working and contributing financially. The caller is a young mother, so her mother isn't too elderly to work or take care of the kids. One or both of those women needs to get a j.o.b.
Exactly. Why does everyone expect the man to support two grown women?
This is why you 100% always go over an expense plan before you voluntarily make major life decisions. WFH jobs are available. Even if part-time