@@Tennysystem they would be losing at least 50k in selling costs and moving expenses. And then would have to go cheaper on top of higher interest rates. No.
I don't see rent being less than the mortgage in this scenario. They could maybe rent out the master bedroom especially if it has a private bath and entrance then put in a small fridge and microwave and close off the entrance into the rest of the house from that bedroom. This sort of thing happens a lot these days.
Dave was way too harsh on his treatment of this caller. He could have said the same thing but more gently. This poor woman. I hope the family's situation improves.
Can't make it on $1800-2000 a month with $1100 mortgage that's many peoples situation. I don't live in Ohio, but that's all the margin many renters get with the price of rentals. She is a great mom. Hope she calls back with a success story.
Others have said this, but, DO NOT SELL THE HOUSE! The CHEAPEST rent is at the level of your mortgage. A mortgage is stable, rent is always going up. You rent it will get worse. Dave once said in his leadership courses that a leader should let go at his peak, step down for those he has trained. It is time for Dave to retire at this. He has lost touch with what the lower middle class looks like. He can’t understand the economics of the 20’s. He says he believes in basic math but doesn’t accept the numbers. Rachel is ready to take the rains, he trained the next generation well, and she is aware of the difficulties. It is time fore the next generation of Ramsey (well Cruze) to lead.
What they really need to do is increase income. The mom could work when the dad gets home, or the dad can get a second job. But they NEED more money. These people are not the lazy silly people Dave seems to always think he is talking to from back in 2013
@@MaNarchicDRAKE you not downsizing from a 1100 payment. It’s hard to find rent cheaper than that and even if they find some a couple hundred cheaper, the rent will go up next and the next yr…. He need to get out of sales and a regular paying hourly job
NO- they shouldn't sell their house! Sheesh! I love Dave Ramsey and followed his plan- but he is dead Wrong on this call. Their mortgage pmt is reasonable and stable- unlike the cost of renting. There are other options to increase income. Selling their home isn't going to save anything and would reduce their security.
agree with you. this advice was really stupid and he was really harsh with someone going through a very difficult time. not to mention that selling a house is incredibly stressful and then trying to find something else on top of it while they're dealing with medical problems... yeah no, this was stupid and my respect for dave went down a little.
I wonder if Dave realized he was wrong but was too arrogant to take it back. He said he didn't care what the husband thought, but she should! They have to come to an agreement.
Selling the home can absolutely save them money. He didn't say they couldn't buy another. We needed to cut expenses. The mortgage payment on our house was $1600/ mth. We sold and downsized. New mortgage payment: $600/ mth. Refinanced that a few years later, new mortgage payment: $300/ mth. And before you say it's where I live, the $1600/ mth house was in small town Louisiana, New house ( which was new construction when we purchased, is in a great area and is only about 500sq feet smaller) is just outside of Nashville. It can be done. You just have decided you want to.
@@1979geauxtigers Yes, and now we have an inflation, which will soon be a recession and in case you don't watch news from coast to coast (I do), rents have doubled and tenants are being evicted left and right, or have to reside in rat infested quarters.
Wish I didn’t sell my house. My 30 yr fixed mortgage would be half paid off by now and rent has more than doubled. Now my rent is more than my mortgage. If they go to rebuy a house without her income they would qualify for less. Dave’s wrong! They need to keep the house.
Dave's arrogance & pomposity got in the way of any compassion for this caller. I hope they KEEP their house because they can't rent anything decent for $1100 a month. The husband NEEDS to get a 2nd job asap!
No, I'm sorry but I disagree with Dave's advice about selling the house! Their house payment is only $1100. That's cheap! I doubt they could rent an apartment for much less. My advice would be to stay in the house they are in and tell the husband to get a 2nd job. The wife is sacrificing and the husband must as well!
Mom works full time as a teacher, dad stays home with the kid and works nights and weekends. Or dad gets a better paying job and mom stays at home and works nights and weekends. $1100 house payment is nothing.
Purchase a cheaper home with less mortgage. Rent out their home and rent a cheaper property so their property income covers the rent, savings and expenses. There is always a solution to a problem. Its the lack of drive and ambition that kills progress. Short sightedness is just as much a disease as a diagnosed medical condition.
I often get frustrated listening to these calls. He never let's anyone finish what they are saying. I know he needs to stay in control of the calls but he often blows ppl off at times that are downright disrespectful.
Can she work from home and do tutoring/teaching jobs, etc remotely. I think Dave has been at the top so long that he forgot what the bottom feels like. They need to stay in the home, find outside income, and get through this together.
amen...has Dave been hiding in a bunker with all that is going on regarding rentals that have gone sky high all over the country. Would stay in the house and eat beans and rice and keep the lights off unless I was in the room
@@RB-gt8bf exactly! That guys needs a second or third job to keep that $1100 payment. I would LOVE that mortgage payment, every place i look its like $2200-$3000
I’m going to have to disagree with Dave on this one.. if they can’t pay their mortgage at 1100 how do you think their going to pay rent for way more than that?? Does he honestly think their family is going to find cheaper rent with all of this inflation that’s going on. I would just refinance and take money out pay all of the debt. Also the husband or her can get a side job for the time being until they get everything situated.
Plus it costs a lot of money to move into a rental home. Application fees, deposit, moving expenses,etc. It doesn’t make any sense!! It’s so hard to watch Dave talking to that lady in such an arrogant and harsh way. It’s disgusting! He is getting more and more out of touch and delusional.
Many of the comments implore this woman to not sell the house. I agree. Keep it for now. And make more money. A teacher can tutor, can babysit, can do dozens of paying jobs and can work part-time while hubby is at home.
You're either in California, or New York, which in that case you are just plain dumb for even living there. Those are places to visit for a weekend never to live. Horrible states all together
The mortgage is most likely cheaper than rent. No Dave. Seizers will never go away. It can be controlled, but it will always be there. Average rent in Ohio is $1400.
@@jimroscovius the Plains is one of the most destitute towns in Ohio. Not that this couple can't do better as they haven't looked but working opposite shifts so one can be home with the little guy is the best idea
Aussie here, did a quick search on rentals in Cleveland as I couldn’t believe the comments saying it would be cheaper to keep their mortgage. 😳 If they can’t afford the mortgage and rental in Cleveland they may need to move.. but with a sick child they would probably need to be close to doctors/hospitals. Tough one. I wouldn’t sell just yet, work extra hours to make it work and take turns caring for the child.
I totally agree! The big differences is the $1100 mortgage will be a fixed monthly cost. If they decide to rent the rent will always increase every year...so it might just be smarter to stick with the fixed mortgage. This is a tough one.
The average cost of rent in her area is upwards to $1,300 a month. If you include the cost of maintaining your house and it is lower than that than I agree with what others are saying - get work from home job or cut other expenses. But you have to really crunch the numbers.
Sorry Dave is wrong here. I mean unless they want to live in the ghetto, their mortgage is cheaper than many places to rent? He’s putting their life in danger, they are about to have a slew of problems they don’t want. Husband better get a 2nd job and man up.
Yeah, unless this family goes and lives with other family for free, they are not going to find cheaper rent than what they are paying on their mortgage.
I love Dave's overall plan, but this is where I disagree with him. Yes, they could sell the house, but they could both work opposite shifts. That's what we did when we had to, and we could keep our house. It was still the perfect decision. It wasn't forever - it was just for a while. He does mention tutoring, which is a good idea, but she can do it evenings and nights while hubby is watching the kid. Tutor both face to face and online. Women are perfectly capable of working too!!
I usually agree with him too but he was incredibly harsh with this lady. esp since she's dealing with such a difficult thing. On top of it, selling a house when you're going through stress is only going to compound the stress... I really hope they ignore this stupid advice...
Rent is way more expensive than a mortgage and if they sell they will never could never buy again.that will be less security for the child not giving them a established home 🏡.
Chances are high this couple will need to declare bankruptcy sometime in the future due to medical bills. As long as this couple keep up with mortgage payments, they can remain in their home even with a bankruptcy. No way they are going to find an apartment for $600.
@@queen.kristal8395 Hi Kristal, in all likelihood this couple as health insurance. But most health insurance is 80% covered/20% out of pocket; that 20% OOP usually is enough to put people into a medical bankruptcy. Majority of bankruptcies are due to medical bills and filers usually have insurance. Think about it, if total medical bills add up to $500k then insurance company will cover $400K, but parents must pay remaining $100K. If this couple's income is now $50K, then they are technically bankrupted whether they file or not. I am not saying they need to bankrupt right this moment, but it might be necessary two or three years down the line.
Don’t sell. Stay n fight. It’s just for a little while. It’s traumatic to move. Cut all expenses n work opposite times. Care giver must reach out for resources to supplement income. Care giver should not work out the house we need the caregiver available to do all appointments and not stress caring for child. Husband must work more and get a better job yesterday.
An arrogant person considers himself perfect. This is the chief harm of arrogance. It interferes with a person's main task in life of becoming a better person.
Dave's wrong on this one. DO NOT sell the house. If anything the husband can get a job or the wife can get a job where she can work from hom remotely. They "need a bigger shovel" as Dave says. Why wasn't this even suggested?
Oh Dave messed up...my daughter started seizures at the age of 28 months and 36 years later ....she is still having seizures. Please Dave, be careful of things you tell parents facing one of the worst things that could happen to their child and them. Do NOT sell the house.
I don't understand the comments. Dave is right. They can't live, take care of the kid, and pay that mortgage with 50% to 90% of their income. Sell it and use the equity to survive until the child is better !!
She's not going to find much of anything for less than 1,100 per month in rent. If I were her, I would keep the house, create a detailed budget, and (if needed for the budget or to pay off debt) have him work another job or she can work part time.
Landlord can increase the rental price every year and it will be out of this lady’s control. $1100 mortgage won’t increase and it’s cheaper compare to renting and it helps build up equity. I hope this lady didn’t follow Dave’s advice.
The fact that we live in a society where you’re forced to sell your house because your child gets sick is the problem in the first place!!!! Makes me so mad.
Don't see anything to get mad about. They made the choice. Save, invest,and eliminate debt for a few years before having kids. If not this is what can happen when you don't prepare. There is also insurance that covers things like this as well.
Unless they have the option to move in with relatives to save a house payment, I would find a way to stay in the house. Rent is insanity. Best of luck to them and hope everything works out for her son!
When she first called in I thought she said that both her and her husband made six figures… but a take home of $1800 a month is around $22k per year, well below her original salary estimate.
She said their combined income was about six figures; however, she said that they lost half their income when she quit working. Clearly, he’s not making half of their prior income, so either her calculations are incorrect, or she was earning more than 50% of their total income and made a terrible blunder by leaving her job for her own “mental health”. She’s gotta put on her big girl pants and either go back to work or be creative and find work using her teacher skill set, such as online tutoring or in-person tutoring. Summertime is perfect, as there are students requiring tutoring to academically ‘catch up’ to their grade level over summer break so that they’re prepared for school when it reopens in August or September.
Its not like they are like a college student to rent a $600 apartment with a roomate, as a family, their rent will be equivalent to the mortage. I would find ways to generate extra income before trying to sell the house. Have to disagree with Dave on this
I was thinking the same thing but in this case he was speaking with the wife. If he was speaking with the husband I’m sure he would’ve told him to sell the house and “sir, you’re gonna have to go to work” which would’ve been a lot more sour coming from Dave but the truth isn’t always pretty. Bottom line, the husband has to make more money 💴🤷🏾♂️✊🏾
Currently paying 1810 for rent. One bedroom. And this is below the average. Yes there's cheaper, but it is the ghetto. Keep the house and get a remote position working part or full time.
Maybe the husband can get a second job, or she can get an evening job part time. Her husband needs to def get another job, 1800 a month is ridiculous for an adult!! Don't sell the house, because rent won't be much cheaper, they need to increase their income urgently!
Here in Phoenix, AZ, you can't rent a (decent!) one-bedroom apartment for less than $1400 a month, MINIMUM! -- and with nothing to show for it, except the *distinct probability* the rent will increase each year at lease renewal. In this instance, figuring out a way to earn extra income is the way to go, imho. Selling one's home might be the best solution for some, but not for everyone, especially if the monthly mortgage is only $1100!
Dave is right, however the looming question is how much would rent be? Sell the house to have a 1100 rent payment in a teeny tiny apartment? Doesn't sound like a great idea.
Love Dave , love his plan but where do they go , is it cheaper to rent ? I doubt it , I’m not sure Dave is giving good advice here but I pray he is & prayers for this dear family
Ive been in a similar situation. My 50 year old husband suffered a severe traumatic brain injury and his contruction business failed. During that time, I met several young families struggling when the father had brain cancer - drastically reduced income, Wife needing to watch a bed ridden husband, care for the children, bring in income, pay increased medical bills. All of this when the emotional trauma makes it impossible to clearly work out a solution. In the old days, family would step in but today we live in small independent family units - and thus are vulnerable to every storm of life.. This woman is going thru Hell
Be ready for some hard times folks. We’re in a recession and heading for possibly worse as this administration doesn’t seem to care in the least and is actively making things worse.
I am always with you Dave but I am struggling to understand this one advice. I am struggling to understand why they should sell their house and go and rent; pay somebody’s mortgage?
The usual advice of suggesting that the husband get an extra job or hours seems to have been missed here. Rent would be more than the mortgage. This is one of the few videos that I disagree with the advice given.
Don’t agree with Dave on this one! $1100 is cheap house payment. Most rent payouts $1500 ++. Dave living in 1900’s. Let him get a 2nd job or she could possibly work from home even part time.
Work from home jobs, customer service jobs, part time during the day and deliver pizzas in the evening and on weekends. Uber and lyft driving on weekends
I have a 1200 dollar mortgage with 2900 take home pay, I am able to save 500 a month for retirement I'm married with a kid it's tough but like Dave said you have to change something in your lifestyle wether it's working more or spending less.
Dave I love you but you are wrong on this one. I am in cleveland Ohio and rent now is higher than what they are paying for mortgage!! Stay in your home work from home !
Maybe but it's not blow your money on nothing it's usually use your money to make more than the interest costs. A bond is like a 9.6% return right now and you could always cash it in when you don't need it.
This is how you handle income, wealth and personal problems in this country. Dave Ramsey and his team went well beyond by helping this caller with personal and spiritual problems. This country has more than enough wealth to go around but you have to work for it and have discipline!! More wealth in the hands of American citizens won’t change the lives of multi millionaires and billionaires much. It will make this country stronger. I applaud Dave’s work. Well done.
At 1100 a month is a lot cheaper than what rent would be. I would just maybe do an overnight job temporarily while thw husband is working. Possibly a part time during the week & longer hrs on weekends on husband's day off. Rent nowadays is way over the 1100.
I don't understand why people can't work opposite shifts. 😕 or she gets a part-time job on the days he's off. He didn't ask about any other bills. You can't rent for 1100. Keep the house and find a part-time job. Dave is out of touch with rent prices
Agreed with these other comments. I normally agree with Dave's advice, but $1100, is much much lower than anything else they would be able to find. They have a child, so they can't just take the first dumpy apartment for $700 that shows up. Cleveland is a bad city to begin with, moving to a worse area (which they would have to in that budget) would not only be a lateral move financially, but also potentially dangerous.
Any more rent will cost more than a mortgage. The days of renting to save on housing cost is gone. I think a better option is if the husband is home on the weekends then wife can work on the weekend and a parent is still with the sick child 24/7. Or the wife could take in a few kids to baby set during the week. Or the husband could Uber, Door Dash, deliver pizzas, or do a lawn service side hustle.
This is the worst advice Dave has give. Their mortgage is $1100. Where in Cleveland are you going to rent cheaper than their mortgage? Rich people are SO out of touch with reality and with what the average person has to deal with. The husband needs a 2nd job.
![30 ชั่วโมงคนเดียว บนรถไฟชั้น 3 โซเวียต [Around The World Ep. 2]](http://i.ytimg.com/vi/MlE9boAVqDA/mqdefault.jpg)
$1100 house payment sounds awesome
Not when you only net 3K per month
@@miltonmcdonald2919 It's still a good price. That's like bottom dirt cheap where I am.
@@KateLove21who asked
That’s about a $150,000 house here in Oklahoma
Mines 915 bux. Bought it as a foreclosure in 2009. Bought the house for 121k and it is now worth 375k. Still won't sell though
Don’t sell the house. Rent is no cheaper and only going up. Work from home, work part time, something
Not that easy to get up and move and Dave said house wrong it’s there home
Follow dave, sell the house
He's not telling them to rent. He's telling them to get a cheaper house.
@@Tennysystem they would be losing at least 50k in selling costs and moving expenses. And then would have to go cheaper on top of higher interest rates. No.
I don't see rent being less than the mortgage in this scenario. They could maybe rent out the master bedroom especially if it has a private bath and entrance then put in a small fridge and microwave and close off the entrance into the rest of the house from that bedroom. This sort of thing happens a lot these days.
Dave was way too harsh on his treatment of this caller. He could have said the same thing but more gently. This poor woman. I hope the family's situation improves.
Can't make it on $1800-2000 a month with $1100 mortgage that's many peoples situation. I don't live in Ohio, but that's all the margin many renters get with the price of rentals. She is a great mom. Hope she calls back with a success story.
Yup they should try to cut other unnecessary expenses
Others have said this, but, DO NOT SELL THE HOUSE!
The CHEAPEST rent is at the level of your mortgage. A mortgage is stable, rent is always going up. You rent it will get worse.
Dave once said in his leadership courses that a leader should let go at his peak, step down for those he has trained.
It is time for Dave to retire at this. He has lost touch with what the lower middle class looks like. He can’t understand the economics of the 20’s. He says he believes in basic math but doesn’t accept the numbers.
Rachel is ready to take the rains, he trained the next generation well, and she is aware of the difficulties. It is time fore the next generation of Ramsey (well Cruze) to lead.
This is facts, he’s so out of touch
They can’t afford the house lol it’s time to downsize and get a different house
What they really need to do is increase income. The mom could work when the dad gets home, or the dad can get a second job.
But they NEED more money. These people are not the lazy silly people Dave seems to always think he is talking to from back in 2013
@@MaNarchicDRAKE you not downsizing from a 1100 payment. It’s hard to find rent cheaper than that and even if they find some a couple hundred cheaper, the rent will go up next and the next yr….
He need to get out of sales and a regular paying hourly job
You must didn't hear the end when he said she could possibly keep the house
NO- they shouldn't sell their house! Sheesh! I love Dave Ramsey and followed his plan- but he is dead Wrong on this call. Their mortgage pmt is reasonable and stable- unlike the cost of renting. There are other options to increase income. Selling their home isn't going to save anything and would reduce their security.
Sell the home and move somewhere cheaper. Meanwhile Husband needs to work three jobs. This is a harsh reality
agree with you. this advice was really stupid and he was really harsh with someone going through a very difficult time. not to mention that selling a house is incredibly stressful and then trying to find something else on top of it while they're dealing with medical problems... yeah no, this was stupid and my respect for dave went down a little.
I wonder if Dave realized he was wrong but was too arrogant to take it back. He said he didn't care what the husband thought, but she should! They have to come to an agreement.
Selling the home can absolutely save them money. He didn't say they couldn't buy another. We needed to cut expenses. The mortgage payment on our house was $1600/ mth. We sold and downsized. New mortgage payment: $600/ mth. Refinanced that a few years later, new mortgage payment: $300/ mth. And before you say it's where I live, the $1600/ mth house was in small town Louisiana, New house ( which was new construction when we purchased, is in a great area and is only about 500sq feet smaller) is just outside of Nashville. It can be done. You just have decided you want to.
@@1979geauxtigers Yes, and now we have an inflation, which will soon be a recession and in case you don't watch news from coast to coast (I do), rents have doubled and tenants are being evicted left and right, or have to reside in rat infested quarters.
Wish I didn’t sell my house. My 30 yr fixed mortgage would be half paid off by now and rent has more than doubled. Now my rent is more than my mortgage. If they go to rebuy a house without her income they would qualify for less. Dave’s wrong! They need to keep the house.
yep hes living in the past on this one, rent is stupid high everywhere
They need to sit down and do the math and see what makes sense.
I agree. Are they going to find somewhere to rent for $550?
Dave's arrogance & pomposity got in the way of any compassion for this caller.
I hope they KEEP their house because they can't rent anything decent for $1100 a month.
The husband NEEDS to get a 2nd job asap!
Dave think there is rent that exists for a family that is less than a third of your income when you make 3k a month 😅🤣🤣 really dave? Doesnt exist
2nd job? More like a better one, how do they expect to raise a family on less then 20 bucks an hour.
Couldn’t agree more.
Buy a small apartment, simple
He's not telling them to rent. He's telling them to get a cheaper house.
No, I'm sorry but I disagree with Dave's advice about selling the house! Their house payment is only $1100. That's cheap! I doubt they could rent an apartment for much less. My advice would be to stay in the house they are in and tell the husband to get a 2nd job. The wife is sacrificing and the husband must as well!
Mom works full time as a teacher, dad stays home with the kid and works nights and weekends. Or dad gets a better paying job and mom stays at home and works nights and weekends. $1100 house payment is nothing.
That’s my mortage and my house is sweet in a beautiful neighborhood and only 25 mins from the beach, I feel blessed
Exactly agree, yet Ramsey says to sell your home
Dave is wrong. The cost of rent will be alot more than a mortgage
Correct but she said they have equity they could buy a much cheaper home and have less mortgage.
Purchase a cheaper home with less mortgage. Rent out their home and rent a cheaper property so their property income covers the rent, savings and expenses. There is always a solution to a problem. Its the lack of drive and ambition that kills progress. Short sightedness is just as much a disease as a diagnosed medical condition.
@@annieemanniee I would love to see a cheaper mortgage than 1100. The husband needs to work more and she can do online tutoring
@@leadnsteel1428 mines 700 a month so it's possible 🤷♀️
@@someonewithacomputer8057 And when did you buy your house?
Dave, where will she get a $750 rental payment?
Dave expects them to get a Studio Apartment with kids he is out of touch
House payment for 1100? She can't get rent cheaper than that!
Exactly
Don't sell your house. Rent is very expensive.
This was one of the worst instances of Dave interrupting the caller and talking over them. He didn't even let her speak.
I often get frustrated listening to these calls. He never let's anyone finish what they are saying. I know he needs to stay in control of the calls but he often blows ppl off at times that are downright disrespectful.
You're too soft..
Dave hates women
Can she work from home and do tutoring/teaching jobs, etc remotely. I think Dave has been at the top so long that he forgot what the bottom feels like. They need to stay in the home, find outside income, and get through this together.
Rent will ONLY go up every year. At least with the mortgage they know what to expect.
Yeah, he didnt even mention that. Husband can get a second job and she can work remotely.
Dave sounds like a politician, completely removed from reality.
amen...has Dave been hiding in a bunker with all that is going on regarding rentals that have gone sky high all over the country. Would stay in the house and eat beans and rice and keep the lights off unless I was in the room
@@RB-gt8bf exactly! That guys needs a second or third job to keep that $1100 payment. I would LOVE that mortgage payment, every place i look its like $2200-$3000
Keep your house. Rent out a room in your basement.
Beans & Rice, find more work.
Some times I think Dave is detached from reality.
Nobody cares what you think
@@MyUsernameIsNotClever Thanks for taking the time to comment
@@msimm8612 you're welcome.
I’m going to have to disagree with Dave on this one.. if they can’t pay their mortgage at 1100 how do you think their going to pay rent for way more than that?? Does he honestly think their family is going to find cheaper rent with all of this inflation that’s going on. I would just refinance and take money out pay all of the debt. Also the husband or her can get a side job for the time being until they get everything situated.
Exactly! Rent is way higher! Houses are not easy to find right now.
Yea totally agree. I was confused when I heard just $1100. I was thinking it was 2k+.
Yeah he’s out of touch on this one
Plus it costs a lot of money to move into a rental home. Application fees, deposit, moving expenses,etc. It doesn’t make any sense!! It’s so hard to watch Dave talking to that lady in such an arrogant and harsh way. It’s disgusting! He is getting more and more out of touch and delusional.
He's not telling them to rent. He's telling them to get a cheaper house.
Many of the comments implore this woman to not sell the house. I agree. Keep it for now. And make more money. A teacher can tutor, can babysit, can do dozens of paying jobs and can work part-time while hubby is at home.
Yeah, do not sell the house. If anything he needs to get another job. 1,100 a month is not a impossible to manage.
$1100 a month for housing is DIRT CHEAP!
Renting a normal house at a bad neighborhood costs $1600-$2500 where I live.
California bro?
You're either in California, or New York, which in that case you are just plain dumb for even living there. Those are places to visit for a weekend never to live. Horrible states all together
The mortgage is most likely cheaper than rent.
No Dave. Seizers will never go away. It can be controlled, but it will always be there.
Average rent in Ohio is $1400.
My kids rent for $650 and $800 in the Plains.
Possibly, but when the AC explodes or fridge dies or hot water heater dies the apt replaces it for you.
@@drn13355 Yup - my daughter has had a furnace replacement.
@@jimroscovius the Plains is one of the most destitute towns in Ohio. Not that this couple can't do better as they haven't looked but working opposite shifts so one can be home with the little guy is the best idea
@@drn13355 exactly. Things will break, in the worst time always.
No...i am not selling in this scenario...
Wrong Mr Dave. Rent is higher than own. Rent one room out. I listen to you everyday but this is wrong advise sir.
Two bedroom apt in Ontario Canada. Looking at at least $1800.00. Plus utilities. No sense in that advice.
Aussie here, did a quick search on rentals in Cleveland as I couldn’t believe the comments saying it would be cheaper to keep their mortgage. 😳 If they can’t afford the mortgage and rental in Cleveland they may need to move.. but with a sick child they would probably need to be close to doctors/hospitals. Tough one. I wouldn’t sell just yet, work extra hours to make it work and take turns caring for the child.
I totally agree! The big differences is the $1100 mortgage will be a fixed monthly cost. If they decide to rent the rent will always increase every year...so it might just be smarter to stick with the fixed mortgage. This is a tough one.
@@teekaybe4016 then look for a cheaper apartment that is available
@@unfairsanic5089 that is the problem. Cheap apartments are not really available
They won’t find rent cheaper than their mortgage
You did not ask if the mortgage is cheaper than renting. Rents are sooo expensive.
The average cost of rent in her area is upwards to $1,300 a month. If you include the cost of maintaining your house and it is lower than that than I agree with what others are saying - get work from home job or cut other expenses. But you have to really crunch the numbers.
Sorry Dave is wrong here. I mean unless they want to live in the ghetto, their mortgage is cheaper than many places to rent? He’s putting their life in danger, they are about to have a slew of problems they don’t want. Husband better get a 2nd job and man up.
Came in here to say this he needs to either get another job or get a better job he can make $24 an hour and afford that payment
Exactly, why was this not brought up. There's no such thing as a rental for less than their current mortgage.
I agree.
I agree. If it was a 3k mortgage it would be different. A refi for a lower payment may make sense. Husband gets a second job.
They can find cheaper rent and home inn Cleveland, OH where they live easily.
With the price of rent today…. They won’t find anything for $1100 or under! Keep the house and find away to make more money.
Yeah, unless this family goes and lives with other family for free, they are not going to find cheaper rent than what they are paying on their mortgage.
What about work from home. You can also work opposite shifts. Take in another child for income. There are lots of options working from home.
I love Dave's overall plan, but this is where I disagree with him. Yes, they could sell the house, but they could both work opposite shifts. That's what we did when we had to, and we could keep our house. It was still the perfect decision. It wasn't forever - it was just for a while. He does mention tutoring, which is a good idea, but she can do it evenings and nights while hubby is watching the kid. Tutor both face to face and online. Women are perfectly capable of working too!!
Dave probably thinks that they can only work in the kitchen.
@@jimmymcgill6778 Weird, his daughter works at Ramsey.
@@alinatamashevich3354 So?
Have you listened to when a woman calls.
He has different things to say based on male or female.
It was sarcastic anyway.
Ummm... How about the obvious. The daddy needs to get a real job. Fv@x $1800-$3000 per month. Go and get a real G-darn job
I usually agree with him too but he was incredibly harsh with this lady. esp since she's dealing with such a difficult thing. On top of it, selling a house when you're going through stress is only going to compound the stress... I really hope they ignore this stupid advice...
Rent is way more expensive than a mortgage and if they sell they will never could never buy again.that will be less security for the child not giving them a established home 🏡.
Home is where the parents are.
Chances are high this couple will need to declare bankruptcy sometime in the future due to medical bills. As long as this couple keep up with mortgage payments, they can remain in their home even with a bankruptcy. No way they are going to find an apartment for $600.
@@jeromehenry4484 uhmm it’s call health insurance so need to hire bankruptcy
@@jeromehenry4484 That is true, the clock is ticking on them unless she goes to work. His income may not float the boat.
@@queen.kristal8395 Hi Kristal, in all likelihood this couple as health insurance. But most health insurance is 80% covered/20% out of pocket; that 20% OOP usually is enough to put people into a medical bankruptcy. Majority of bankruptcies are due to medical bills and filers usually have insurance. Think about it, if total medical bills add up to $500k then insurance company will cover $400K, but parents must pay remaining $100K. If this couple's income is now $50K, then they are technically bankrupted whether they file or not. I am not saying they need to bankrupt right this moment, but it might be necessary two or three years down the line.
Don’t sell. Stay n fight. It’s just for a little while. It’s traumatic to move. Cut all expenses n work opposite times. Care giver must reach out for resources to supplement income. Care giver should not work out the house we need the caregiver available to do all appointments and not stress caring for child. Husband must work more and get a better job yesterday.
Worst advice I’ve heard Dave give it’s almost laughable
An arrogant person considers himself perfect. This is the chief harm of arrogance. It interferes with a person's main task in life of becoming a better person.
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Dave's wrong on this one. DO NOT sell the house. If anything the husband can get a job or the wife can get a job where she can work from hom remotely. They "need a bigger shovel" as Dave says. Why wasn't this even suggested?
You meant job lol.
teaching job is more stable and better benefits, probably 8-3. She can work and he can work 2nd shift or a side hustle.
Yup money is everything.
Oh Dave messed up...my daughter started seizures at the age of 28 months and 36 years later ....she is still having seizures. Please Dave, be careful of things you tell parents facing one of the worst things that could happen to their child and them. Do NOT sell the house.
I don't understand the comments. Dave is right. They can't live, take care of the kid, and pay that mortgage with 50% to 90% of their income. Sell it and use the equity to survive until the child is better !!
She's not going to find much of anything for less than 1,100 per month in rent. If I were her, I would keep the house, create a detailed budget, and (if needed for the budget or to pay off debt) have him work another job or she can work part time.
Landlord can increase the rental price every year and it will be out of this lady’s control. $1100 mortgage won’t increase and it’s cheaper compare to renting and it helps build up equity. I hope this lady didn’t follow Dave’s advice.
The fact that we live in a society where you’re forced to sell your house because your child gets sick is the problem in the first place!!!!
Makes me so mad.
So true
We’re not entitled to anything In this life
You expect it to be given to you for free? Everything comes with a price. Nothing in life is free.
Sell the kids, rice and beans. Gazelle intensity
Don't see anything to get mad about. They made the choice.
Save, invest,and eliminate debt for a few years before having kids. If not this is what can happen when you don't prepare.
There is also insurance that covers things like this as well.
Unless they have the option to move in with relatives to save a house payment, I would find a way to stay in the house. Rent is insanity. Best of luck to them and hope everything works out for her son!
Bad idea, rent is higher than ever before, house is probably cheaper than to rent
Depending on where they live....That $1100 may be the cheapest place they can live.
Keep the house and find a way to make more money! $1100/month is cheap af
When she first called in I thought she said that both her and her husband made six figures… but a take home of $1800 a month is around $22k per year, well below her original salary estimate.
She said their combined income was about six figures; however, she said that they lost half their income when she quit working. Clearly, he’s not making half of their prior income, so either her calculations are incorrect, or she was earning more than 50% of their total income and made a terrible blunder by leaving her job for her own “mental health”.
She’s gotta put on her big girl pants and either go back to work or be creative and find work using her teacher skill set, such as online tutoring or in-person tutoring. Summertime is perfect, as there are students requiring tutoring to academically ‘catch up’ to their grade level over summer break so that they’re prepared for school when it reopens in August or September.
DO NOT SELL YOUR HOUSE!!!
Why not?
@@matthewjohnston7071 Rent is sky-high and cost of homes is going up dramatically.
2:10 "I don't care what your husband wants" lol great advice 😳🙄
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It would be stupid to sell, apartments in Cleveland are 1100 for a 1 bedroom
Text
Thanks sir am gonna text now
Do Not Sell!!
"We" made the decision. "She" made the decision. She won't ever go back to work, even after the kid is off at school. Guaranteed.
What part of brain injury did you not understand? Please name a daycare facility in Cleveland that takes in brain injured babies/children.
I definitely think he could’ve shown more grace…
Nah, fefails need to handle the truth.
Amen!!!
@@wewhoareabouttodiesaluteyo9303 it is her husband that doesn't want to sell...how dare you
Don’t sell the house. Daddy needs to giddy up on a better paying job.
Husband needs a better paying job, 1800 a month is only $11 per hour. You can find a job as a plumber and make that in one week. Work people work
It might have been financially better if she kept her job and hubby stayed home.
Its not like they are like a college student to rent a $600 apartment with a roomate, as a family, their rent will be equivalent to the mortage. I would find ways to generate extra income before trying to sell the house. Have to disagree with Dave on this
Maybe dave should check what rent is today. My goodness folks. Get husband another job instead. Holy cow.
They don’t make enough money for her not to work. She has to do something.
$1,100 for a mortgage! DO NOT MOVE! Apartments are way more than that lol I pay $1,635 for a 1/1 in Miami
That’s such a cheap mortgage. Can they really get rent for less then that?
A bit heavy-handed this time Dave. Your empathy quotient needs topping up.
I was thinking the same thing but in this case he was speaking with the wife. If he was speaking with the husband I’m sure he would’ve told him to sell the house and “sir, you’re gonna have to go to work” which would’ve been a lot more sour coming from Dave but the truth isn’t always pretty. Bottom line, the husband has to make more money 💴🤷🏾♂️✊🏾
Currently paying 1810 for rent. One bedroom. And this is below the average. Yes there's cheaper, but it is the ghetto. Keep the house and get a remote position working part or full time.
Same thing happen to my wife and I… what we did was who ever makes more money was the one that kept their job…
I disagree on selling the home…you aren’t finding anything livable for $1100/month in rent. Dad needs to get the income up…immediately
Maybe the husband can get a second job, or she can get an evening job part time. Her husband needs to def get another job, 1800 a month is ridiculous for an adult!! Don't sell the house, because rent won't be much cheaper, they need to increase their income urgently!
Have they checked rent price lately, she should look into Part-time telework for tutoring at least try to bring in something on the side.
Here in Phoenix, AZ, you can't rent a (decent!) one-bedroom apartment for less than $1400 a month, MINIMUM! -- and with nothing to show for it, except the *distinct probability* the rent will increase each year at lease renewal. In this instance, figuring out a way to earn extra income is the way to go, imho. Selling one's home might be the best solution for some, but not for everyone, especially if the monthly mortgage is only $1100!
Dave always be cuttin people off 🤣🤣🤣🤣
Ok, so they sell the house but can they rent somewhere more cheaply?
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Dave is right, however the looming question is how much would rent be? Sell the house to have a 1100 rent payment in a teeny tiny apartment? Doesn't sound like a great idea.
Dave is wrong, rent will be more than the mortgage.
And apartments go up every year
@@edb484 Exactly !!!
She can't have a house pay 1.1k a month?
But they can afford a rent payment paying more than that?
They can afford either if they both work.
@@jimroscovius Yeah, she can teach, and he can work night.
1,100 plus taxes, insurance, and upkeep. I agree keep the house but I also see why they should sell.
@@jdaza1987 Maybe the 1,100 includes taxes and insurance.
@@jdaza1987 How much do you think taxes and upkeep costs?
Door dash, ebay, Uber eats, lyft, Uber. There, just increased your income $1500/mo. And you can keep the house. Figure it out!
Love Dave , love his plan but where do they go , is it cheaper to rent ? I doubt it , I’m not sure Dave is giving good advice here but I pray he is & prayers for this dear family
Ive been in a similar situation. My 50 year old husband suffered a severe traumatic brain injury and his contruction business failed. During that time, I met several young families struggling when the father had brain cancer - drastically reduced income, Wife needing to watch a bed ridden husband, care for the children, bring in income, pay increased medical bills. All of this when the emotional trauma makes it impossible to clearly work out a solution. In the old days, family would step in but today we live in small independent family units - and thus are vulnerable to every storm of life.. This woman is going thru Hell
Why you married an old man while you are young? Of course old people need caretakers
Be ready for some hard times folks. We’re in a recession and heading for possibly worse as this administration doesn’t seem to care in the least and is actively making things worse.
Intentionally making things worse obviously
I am always with you Dave but I am struggling to understand this one advice.
I am struggling to understand why they should sell their house and go and rent; pay somebody’s mortgage?
She could get a work at home job...
The usual advice of suggesting that the husband get an extra job or hours seems to have been missed here. Rent would be more than the mortgage. This is one of the few videos that I disagree with the advice given.
She’s a teacher, she can tutor kids from home and make money
Don’t agree with Dave on this one! $1100 is cheap house payment. Most rent payouts $1500 ++. Dave living in 1900’s. Let him get a 2nd job or she could possibly work from home even part time.
$785 a month is a cheap house payment. $1100 is expensive!
@@wewhoareabouttodiesaluteyo9303 Tell me where you can find a $780 rental!
Perhaps in Alaska or somewhere rural like that.
@@wewhoareabouttodiesaluteyo9303 🤣🤣🤣anything below 1500 for mortgage is amazing
@@DagnirRen Idk, but that is what it SHOULD BE. If it is higher than that on a minimum wage of $7.25/hr.; you know someone is price gouging.
Work from home jobs, customer service jobs, part time during the day and deliver pizzas in the evening and on weekends. Uber and lyft driving on weekends
They can not rent for less. Get a boarder maybe
I have a 1200 dollar mortgage with 2900 take home pay, I am able to save 500 a month for retirement I'm married with a kid it's tough but like Dave said you have to change something in your lifestyle wether it's working more or spending less.
Dave I love you but you are wrong on this one. I am in cleveland Ohio and rent now is higher than what they are paying for mortgage!! Stay in your home work from home !
Their mortgage was 1,100 a month, to rent the same type of house would be what 2,000?
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he expects them to get a studio apartment with a kid, yikes
For all of you who quip "Why would I pay off my house when I have such a low interest rate?" take this call to heart.
Maybe but it's not blow your money on nothing it's usually use your money to make more than the interest costs. A bond is like a 9.6% return right now and you could always cash it in when you don't need it.
@@edwinortiz1262 Yes, we are all aware of the rationale employed to justify not paying off the house.
@@austinduke8876 Rationale? You mean growing your money?
This is how you handle income, wealth and personal problems in this country. Dave Ramsey and his team went well beyond by helping this caller with personal and spiritual problems. This country has more than enough wealth to go around but you have to work for it and have discipline!! More wealth in the hands of American citizens won’t change the lives of multi millionaires and billionaires much. It will make this country stronger. I applaud Dave’s work. Well done.
Yeah Dave, in what world are they gonna get a place to live for less than $1,100
At 1100 a month is a lot cheaper than what rent would be. I would just maybe do an overnight job temporarily while thw husband is working. Possibly a part time during the week & longer hrs on weekends on husband's day off. Rent nowadays is way over the 1100.
I disagree with Dave on this one, and I also thought he was over talking her and harsh.
Calling someone’s actions stupid is not always appropriate… sometimes it’s just STUPID. Use your vocabulary.
I don't understand why people can't work opposite shifts. 😕 or she gets a part-time job on the days he's off. He didn't ask about any other bills. You can't rent for 1100. Keep the house and find a part-time job. Dave is out of touch with rent prices
I don't see how rent will be cheaper. Guy needs a side hustle or new career
Agreed with these other comments. I normally agree with Dave's advice, but $1100, is much much lower than anything else they would be able to find. They have a child, so they can't just take the first dumpy apartment for $700 that shows up. Cleveland is a bad city to begin with, moving to a worse area (which they would have to in that budget) would not only be a lateral move financially, but also potentially dangerous.
You’ve been through such hard times. The solution is simple, but it’s not easy.
Any more rent will cost more than a mortgage. The days of renting to save on housing cost is gone. I think a better option is if the husband is home on the weekends then wife can work on the weekend and a parent is still with the sick child 24/7. Or the wife could take in a few kids to baby set during the week. Or the husband could Uber, Door Dash, deliver pizzas, or do a lawn service side hustle.
This is the worst advice Dave has give. Their mortgage is $1100. Where in Cleveland are you going to rent cheaper than their mortgage? Rich people are SO out of touch with reality and with what the average person has to deal with. The husband needs a 2nd job.
Beans 🫘 and rice rice and beans don’t go in a restaurant unless you work there