67-Years of FINANCIAL MISTAKES: The Impossible Rescue

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Romain Faure

Romain Faure

Күн бұрын

Пікірлер: 2 600
@raeblair6166
@raeblair6166 9 ай бұрын
Subbed because you treated her with compassion and without shame.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you for the kind comment 👍
@mtb4657
@mtb4657 9 ай бұрын
Same! New subbie here😊
@Savannah-ed4rv
@Savannah-ed4rv 9 ай бұрын
@Husker. And your life is perfect and without regret? You NEVER know what will come in your future and at meadt she's humble admits her mistakes and is trying to help others by going public!
@TLA123y6f
@TLA123y6f 9 ай бұрын
@@Husker3579-tz4nw That's rather harsh, don't you think?
@really2345
@really2345 9 ай бұрын
​@@Husker3579-tz4nwYou lack empathy. You may want to look into ways to become a more mature person.
@GTC7702
@GTC7702 9 ай бұрын
A lot of people will benefit from this episode. She did a good service by going on the show.
@Humble_DM
@Humble_DM 9 ай бұрын
Agreed. It’s not easy to be so vulnerable and share these details. A lot of shame connected to our financial decisions for many of us. But deeply appreciate her sharing as it’s in service in helping younger folks to wake up and pay attention to all the financial things 🙏
@robinpigeon2070
@robinpigeon2070 9 ай бұрын
There’s always hope. Thank gawd she gets a $1800 a month SS check. I know people who still witk at 80+yo.
@valeriesantos8178
@valeriesantos8178 9 ай бұрын
Exactly, he said 67 is tough for working but ppl retire aft that age. My dad sold his business and went back to work at 75 to add to good savings :) He is now independently living alone, driving + a Minister who, doesn’t take money for Ministering… + tho ppl think he is 70… he is at 91 in 5 mos :) Romain s/b applauded for this work. My dad is smart but smart Romain has helped ME, who’s close to her age ☺️
@pattymusgrove6405
@pattymusgrove6405 8 ай бұрын
​@@robinpigeon2070I
@maureencrispin307
@maureencrispin307 8 ай бұрын
It’s always good to talk things through and to receive the help and support you need to help motivate and guide you to improving your finances . I recommend watching Dave Ramsey as well as Romain
@Furmum4life
@Furmum4life 9 ай бұрын
I like this channel better, no shouting, no insulting..with compassion and a good plan.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you :)
@CherryBelle-sh2jx
@CherryBelle-sh2jx 8 ай бұрын
Absolutely agree. I'm British and I'm horrified at how Dave Ransey thinks it's acceptable to belittle people
@caribcarib4337
@caribcarib4337 8 ай бұрын
@@CherryBelle-sh2jx I stopped watching Ramsey - he thinks he is so knowledgeable when he is not - and he has an attitude
@whothou
@whothou 8 ай бұрын
because some people don't change unless pressured. Alot of people in the hole are in it because of careless behavior. People can say "yeah i'll change" and not mean it. He also does not just belittle people. If somebody makes a stupid decision he'll say it.@@CherryBelle-sh2jx
@brucefredrickson9677
@brucefredrickson9677 8 ай бұрын
@@CherryBelle-sh2jx different personalities with different approaches...both are effective. She was already a young single mom and got pregnant again without the financial benefit of marriage...so many life-alternating poor decisions.
@inikidaisy
@inikidaisy 9 ай бұрын
My suggestion for her is to sign up for senior housing immediately as it could take a couple of years. Also, I suggest she sign up with a temp agency. During COVID, I hired someone who was 75 years old (she told me her age right away). She is one of the best workers I have seen and has the best attitude. Blessings to her.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Nice, I will let her know of this option! Thank you
@TLA123y6f
@TLA123y6f 9 ай бұрын
ASAP !!!!! That only thing that saved me and my kids was Section 8 Housing. It's pretty hard to live on $600 a month with two kids. Some states aren't even taking names anymore.
@TLA123y6f
@TLA123y6f 9 ай бұрын
And there's always a need for caretakers
@mabaker
@mabaker 9 ай бұрын
sign up yourself.
@DJ-ll4mq
@DJ-ll4mq 9 ай бұрын
Totally. I don't understand why she doesn't temp. It seems obvious that doing that would help her immediately. I'm 65 and temp full time doing office work. The company where I was placed wanted to hire me after only a month! I'm planning to keep working for at least another five years. It's good money and it beats staying home worrying and feeling regretful.
@vg6790
@vg6790 8 ай бұрын
I feel so bad for her. I was there in my mid 50’s. I got my CPR certification and with my babysitting experience at my church, I was able to become a part time nanny. The best decision I ever made. I have the best families that I babysit for and pay me well. I’m praying that she comes out of this. She looks like such a nice lady.
@michaelreid6355
@michaelreid6355 8 ай бұрын
Nothing good is going to come of it because she is a bitter old feminist.
@fgk824
@fgk824 8 ай бұрын
I fit in your shoes at 57. Now making a step to do care giving as I am still strong. Must work up to 65. God help me.
@NeverAloneNeverAfraid
@NeverAloneNeverAfraid 2 ай бұрын
I would love to be a nanny again, but I haven’t done it for over a decade.
@PrincessZelda609
@PrincessZelda609 9 ай бұрын
I do not want to be almost 70 years old and still learning everything the hard way. God be with this lady.
@xpallodoc1147
@xpallodoc1147 9 ай бұрын
It beats the alternative. Also you need to learn your entire life. Obviously if she was old, healthy, and had lots of savings it’s better then being in debt or what ever. Honestly if she has her health at her age and is able to keep a roof and food on the table with out stress she’s doing great.
@leroyj62
@leroyj62 9 ай бұрын
Dont wish god to close to her! She is 67 after all!
@ohenenana4392
@ohenenana4392 9 ай бұрын
​@@leroyj62 🤦‍♀️😂
@JustMe-mw4xt
@JustMe-mw4xt 9 ай бұрын
Is my situation- zero chance of retirement
@nedas9187
@nedas9187 9 ай бұрын
Yes, not to be mean, she seems like a nice person, but she's neither doing fine nor seems like an empowered woman. More like a beaten down by the machine of life senior who cannot afford to retire.
@OhHapppyDaay
@OhHapppyDaay 8 ай бұрын
Wait, WHAT?!? I'M THAT LADY!!!!!! I stumbled upon this, and boy, am I grateful!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I invite you to check out her update video that we just released😊
@Itried20takennames
@Itried20takennames 7 ай бұрын
If you are shopping at Trader’s Joes….switch to Aldi. We only pay about 200 dollars a week for 5 peoples food at Aldis, without even trying to cut back….not 400 dollars for 1 person. Aldo has a bit less selection (4 kinds of pasta sauces, not 8), but totally worth it.
@allaroundgifted
@allaroundgifted 4 ай бұрын
I don't know her relationship with her kids or their financial situation, but there's no way me nor my siblings would let either of our parents struggle regardless of how they got in the mess. We would pull together and help them out. They could live with us until they got on their feet. But we could have been raised differently from others. Just saying......😢
@mandypdx
@mandypdx 3 ай бұрын
@@Itried20takennameswe don’t have Aldi in Washington :(
@ppw8716
@ppw8716 2 ай бұрын
New subscriber here. Thank you for your compassion and dedication to finding solutions for this lady.
@uplifting8593
@uplifting8593 9 ай бұрын
She needed the gentle touch that Romain took with her. The coaching she purchased was about hope….something we all crave when circumstances are tough. Don’t give up, ever…
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
She always wanted New Orleans Pralinés - I had to go there a couple of weeks after our interview for a conference and did get her pralinés ! Sometimes it’s all about small attentions even for a stranger, that make a difference. I am proud of my interaction with her and how she is coming along ☺️
@TLA123y6f
@TLA123y6f 9 ай бұрын
@@itsRomainFaure Romain, you are a blessing for these people. The genuine care and respect you give them helps them in more ways than one. I hope you will reconsider about discontinuing your program.
@eb5259
@eb5259 8 ай бұрын
​@user-lf2lf6wy4z I didn't know he was discontinuing. I second that, he should reconsider. This is my 1st video and I'm now subscribing and watching others. This video was a blessing. I'm 38 and have made some of her mistakes. This was truly a cautionary tale for me.
@harmonylight1
@harmonylight1 8 ай бұрын
​@itsRomainFaure you are truly a special human being, May your basket never be empty ❤️
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@dennisyounkin644
@dennisyounkin644 8 ай бұрын
I’m so proud of her, she is being completely honest and humble. I feel in a year or two she will be in a much better place in her life..
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Yes I completely agree, and I invite you to check out her update video that we just released 😊
@dennisyounkin644
@dennisyounkin644 8 ай бұрын
@@itsRomainFaure I was hoping you would say that!! Thanks
@franzinauen8443
@franzinauen8443 7 ай бұрын
If you think, having 5000 USD is a much better place, you may be right. How much is the social security in the USA?
@Itried20takennames
@Itried20takennames 7 ай бұрын
Agree…very poised and that isn’t easy. It’s so hard if you aren’t reminded in your 20s to start savings for retirement, and many incorrectly think that Social Security will cover retirement, but not even close….it is a supplement.
@JacindaJourney
@JacindaJourney 9 ай бұрын
Praying for her. This is terrifying at any age. I couldn’t imagine being almost 70, and dealing with this. She is saving us all. Thank you for sharing! I’m learning from her mistakes.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
You got it ! Thank you for helping positive vibes :)
@eileenwatt8283
@eileenwatt8283 8 ай бұрын
​@@itsRomainFaurethis is my biggest fear in life. Thank God I have a career and not in her position but the fear of getting to old age without financial security drives me to invest, live below my means drive a 2008 car which was my new car that year. Now people put flyers on it " we buy junk". I laugh everytime. It's a keeper. I have hope for her. KFC was founded by a 60 year old man and he lived into his 90s. The oldest person in my nursing class was 60. There is still hope. She's alive. She can start a You Tube channel telling her story so others can learn. I see a lot of elderly women start channels that are successful.
@RitaFelirz
@RitaFelirz 8 ай бұрын
Well said
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@romeysiamese6662
@romeysiamese6662 9 ай бұрын
She could live with another woman or 2, who are in a similar situation. Joining together to help one another to rent a plc to live, share the bills and companionship. It will help mentally and financially.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
She is already living a co-location with her friend, that is pretty much the only way that she pays less than $500 rent in Seattle..
@maryrose5246
@maryrose5246 9 ай бұрын
Like the Golden Girls.
@Shadow_Banned_Conservative
@Shadow_Banned_Conservative 9 ай бұрын
The problem there comes when one of your roommates can't make their share of the rent and you all suffer. You've got to have a lot of confidence and trust in your roommates to be able to do that.
@DJ-ll4mq
@DJ-ll4mq 9 ай бұрын
That's really hard when you are older.
@suen5006
@suen5006 8 ай бұрын
I think she's got about as cheap rent at anyone could find in Seattle. Average room in a house about 1K around here.
@elliek6657
@elliek6657 8 ай бұрын
She is so brave for being vulnerable about everything to provide others education. Bless her. Also, bless you for providing a safe space to allow her to be so open. Compassion and respect go a long way!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I very much agree, thank you for this kind comment!
@creeper2054
@creeper2054 8 ай бұрын
She's a toxic feminist. That really doesn't deserve much credit.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@houndmother2398
@houndmother2398 7 ай бұрын
When he's asking her about how she kept putting off saving for retirement even at 40And later age, that really hit home. I started a retirement account for myself at 33 but I had this mentality in my head that I would get married someday and we would figure it out. That the 2 of us together would be OK. I'm 65 years old without any kids and I never got married. I have worked in non profit most of my life and those are not high paying jobs unless you're at the very top level..It's really easy to talk yourself into thinking your future will be taken care of when You marry I think.The truth is, married or single, it's all on you. It took me a very long time to learn that.
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
Thank you so much for sharing your story! And I am glad to read that you were able to take action :)
@riseandrecovery
@riseandrecovery 9 ай бұрын
I feel for this lady so much. I am 39, a single parent of 3, plus one extra child I've taken on, and I have recently graduated. If I am not very careful, this could be me in 25 - 30 years. From my perspective, my main issue and hers is a lack of self worth and a difficulty in saying no to others. I want to say thankyou to Catherine because I can really see how hard it must have been to take part in this interview. I also want tell her that she is truly lovable, and a beautiful soul, who is worthy of safety and stability in life. Good luck, Catherine, dig deep x
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you for sharing your story and for being so positive!
@debracisneroshhp2827
@debracisneroshhp2827 8 ай бұрын
@riseandrecovery, Love, Light, and Blessings upon You and Yours. 🙏😇✨💫🌱🌿🌻🐝🌳🌎💖🙌😺
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@gayleblair7066
@gayleblair7066 8 ай бұрын
I have watched this episode twice. Catherine is just lovely. As an older, just retired single woman, her story resonates with me. The years do just fly by and suddenly you haven't done the things you meant to do. She fell into the I deserve this so I am going to buy this on credit trap. I am happy that Catherine found a job. I was thinking she might do well in the educational system. I also thought pet sitting/ house sitting might work well for her too. Another commenter recommended looking into senior housing- great idea. You provided Catherine with some wonderful guidance in a caring manner.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for sharing your story, and for trusting me with your time! Your comment is valid, and I have shared with Catherine the idea on senior housing :)
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@robertosalazar9676
@robertosalazar9676 9 ай бұрын
Stories like this scare me but also motivate me to plan. I've heard countless of these stories from elders in the workplace. I've learned that if you don't plan for retirement you will pay for it.
@rene-rv6pp
@rene-rv6pp 8 ай бұрын
Yes the homelessness is a perspective allways hunging around
@chrystya
@chrystya 8 ай бұрын
Yes she did a service by scaring people to look at their own financial future
@lisamarielund6292
@lisamarielund6292 8 ай бұрын
Max out 401K or IRA deposits to 20% to 25%. The author David Bach has written several excellent financial books (The Latte Factor is one) where he explains that since you are investing pre-tax dollars in retirement accounts you are lowering your taxable income. So you are building a retirement portfolio as well as lowing your taxable income when tax time rolls around. It’s win-win on all levels.
@debracisneroshhp2827
@debracisneroshhp2827 8 ай бұрын
@@lisamarielund6292 , However, if those accounts are "pre-tax" they will be taxed when utilized "at the present rate" of taxation, which most certainly be much higher. 💩😱
@TubeTorte
@TubeTorte 8 ай бұрын
@@lisamarielund6292 I am an example of that. I essentially pay no taxes as a retired person as my income is so low.
@daviddean6032
@daviddean6032 9 ай бұрын
Romain, you are a very kind young man. You are very gentle. Life will be good to you.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
🤞☺️
@melissamorrow6674
@melissamorrow6674 7 ай бұрын
This woman is frankly impressive. She has been through a lot, lacked awareness around the need to plan and made errors in judgement (who hasn't?) but there is no self-pity in her approach and her last words in the interview were intentionally for the benefit of others. It really is a low blow to judge her harshly, especially if you are not a woman who has been in abusive relationships and/or been a single mom.
@teams3345
@teams3345 9 ай бұрын
I am glad I worked with people 20 years older than me out of college. They all talked about saving for retirement. So my second paycheck, I had my 401K contribution taken out. I did it for 35 years. Now I am retired.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Well done.
@Shadow_Banned_Conservative
@Shadow_Banned_Conservative 9 ай бұрын
I spend a lot of time doing that around the lunch table at work. So many of my young colleagues are in their mid-late twenties and have a really hopeless outlook for the future that I attribute to an entitlement mentality that they deserve certain things now. These are all educated engineers who don't seem to have the slightest clue about economics or the financial situation our nation is in with the debt it carries. A lot of them are only a few years out of college, earning high five-figure incomes and now don't want to pay their college loans because they had their votes bought in the last election with the promise they wouldn't have to. Most don't understand that the debt is real and they and their children are going to suffer for the deficit spending that has skyrocketed since 2020. They pay no attention to world events but can tell you every sports stat or what's going on in TV and movies, and what the latest social media trend is. I try to tell them to be patient and save their money for a home. They're mad they can't get one today and blame the greed of generations before them for the prices of today, they also don't want to hear that sometimes in life you have to wait for things. Most don't want to hear from me that I had to wait until 38 to buy my home due to the economics of housing. They don't want to live in a cheaper area with a commute because they like their hipster trendy zip codes where they pay twice as much in rent as I did my mortgage living an hour from work. They don't want the three-generation old iPhone or Android, and they won't give up their designer clothes and starbucks. I don't see a lot of them making it to retirement in the workforce, the level of entitlement is just too high today.
@thatbemefool
@thatbemefool 9 ай бұрын
#MeToo. I’m retiring at 55. I’ve sacrificed for this 🙌🏾
@Lyn-in-Herts
@Lyn-in-Herts 8 ай бұрын
Well done you for listening!
@TheSUPERHAPPY1
@TheSUPERHAPPY1 8 ай бұрын
What age did you retire?
@soniagonzalez4565
@soniagonzalez4565 8 ай бұрын
Catherine with all my heart and soul Im wishing you the very best! God Bless You!❤❤❤
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for the very kind words!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@sallyprzybil2404
@sallyprzybil2404 9 ай бұрын
Kudos to him. He treated her with kindness and gentilness. I’m glad she got a job. But she needs something full time
@debracisneroshhp2827
@debracisneroshhp2827 8 ай бұрын
However, she cannot exceed the limit of income set forth re: the fact she is already collecting SS, or she will be required to pay penalties against her benefits. 😒
@sallyprzybil2404
@sallyprzybil2404 8 ай бұрын
@@debracisneroshhp2827At 67 she is probably already at Full Retirement Age, or will be soon, at FRA you can receive your SS and work as much as you want to without penalty to your SS due to income. She would still have SS and Medicare taxes taken out of her check, that gets taken out always no matter what the circumstances.
@leslie594
@leslie594 8 ай бұрын
After the full retirement age which for her was about 66.5 she can work full time without penalty.
@TLA123y6f
@TLA123y6f 9 ай бұрын
This was one of the most painful episodes ever. It went from bad to worse. I could literally feel my anxiety level rising. I hope things turn around for this lady. I can't imagine being 67 yrs and facing this.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Sorry that you felt those emotions :(
@Jane5720
@Jane5720 9 ай бұрын
I was surprised when she mentions her business and that she has zero clients😢 You were very kind to her.
@Savannah-ed4rv
@Savannah-ed4rv 9 ай бұрын
I'm 63 and also have no savings left. Living on SS and my mom helps financially. She lives with me. I also appreciate your kindness and actionable steps thar she can take to improve her situation 😊
@Shadow_Banned_Conservative
@Shadow_Banned_Conservative 9 ай бұрын
@@Jane5720 I don't understand how you can be a life coach when your life is in such shambles. So many women want to claim to be life coaches but have a long history of nothing but bad decisions. I dated one more than 20 years ago for four years, she wanted no part of a partnership in marriage, only to be taken care of while claiming to be a feminist all the time. I at one time thought I'd marry her but that changed about year 3 of our relationship when I revealed what I wanted from life and what my income and assets were. She hated her job and felt that I should just support her wanting to stay home all day. I even offered to pay her bills off and put her through college for something she'd like to do and build a career in, she turned me down and just told me that she should be able to stay home all day and do nothing because I could afford to support her. I gave it a year to try to save the relationship but finally had to pull the plug on the relationship. I looked her up a couple years back after hearing her father passed away (he and I were coworkers and friends before dating his daughter, he set us up), and I decided not to open that door again after reading her years long blog of empowerment and blame of men for her lot in life. She's 45 now, had to move back in with her parents in both her 30s and 40s, never built a career for herself, never saved any money, bad credit, no savings. She's going to be this woman at 67.
@bobjames6622
@bobjames6622 9 ай бұрын
@@Jane5720 A business with zero clients is nothing but an aspiration.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
A proud achievement: 92% of our participants improved their financial situation post-show, with many becoming debt-free! This impact is a testament to our collective effort. Thank you for everything. Keep striving for financial success!
@superflypheelign
@superflypheelign 9 ай бұрын
Saddened to see this. I do hope to see your new ideas in the near future. Thank you.
@TLA123y6f
@TLA123y6f 9 ай бұрын
Very sorry that you're calling it quits. I liked you the best out of the 'advisors' on You Tube. You have a wonderful style and grace with the guests and you truly care about their situations.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
@@TLA123y6f thank you Tyler 🙂
@sallyprzybil2404
@sallyprzybil2404 9 ай бұрын
This is sad. I just discovered your channel today. I love it. Such a fascinating experience to see you analyze these situations. Best of luck. I will watch for your future videos.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
@@sallyprzybil2404 thank you so much for joining us :) I encourage you to check some of our previous videos which you may find very interesting. I am still active on YT but taking a pause at posting so I will read you future comments ☺️
@loveandjoy810
@loveandjoy810 9 ай бұрын
This is my worst nightmare. My mother is in this exact same situation. She never saved anything for retirement and lives off social security. This woman needs to look into low income senior apartments. It’s where my mother lives. She pays about $200 a month.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thanks for the great insights !
@shayscott7498
@shayscott7498 9 ай бұрын
My mother went into the ministry full time and expect her children to foot the bill now that she is old. You can't make this stuff up.
@thatbemefool
@thatbemefool 9 ай бұрын
@@shayscott7498- I just mentioned this. This Woman expects her sons to take care of her. She’s on this show to grow her own business because I’m sure her boys aren’t fooling with her.
@Smooshes786
@Smooshes786 9 ай бұрын
She never saved or she spent it on supporting others? Was this a purposeful error or circumstance? (Thanks)
@brucefredrickson9677
@brucefredrickson9677 8 ай бұрын
@@shayscott7498 Not sure mom is following Biblical principles.
@jjkatz
@jjkatz 9 ай бұрын
So glad I found this channel. A lot of other channels are geared for younger people making financial mistakes but they have plenty of time to correct it. This is helpful for us older folks who have made mistakes.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Welcome on board! We provide a vast variety and diversity of financial situations :)
@bcusaaus4749
@bcusaaus4749 9 ай бұрын
So many people are in the same situation 😢. I thought I was doing bad at 62 but, I don’t feel as bad now. Eye opener episode
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you for sharing !
@8ofwands300
@8ofwands300 9 ай бұрын
Me too.
@mtb4657
@mtb4657 9 ай бұрын
Me too @61 years old. Same! I’m grateful that my net worth of assets is really positive vs the zero liabilities that I have. I just gotta keep on this path.
@dm3988
@dm3988 9 ай бұрын
She is bankrupt. I applaud her for being honest and transparent with her situation. Can her boys help her? If she knows Excel and is organized perhaps she could be a virtual assistant or a part-time receptionist or an office manager. If she has a car, she could stay with elderly people of be a companion to elderly people in nursing homes. Families would love to have someone who would check on their loved ones to make sure that the nursing home patient is receiving proper care and someone to sit with them.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
I will share those ideas with her - unfortunately she doesn’t have the best relationship with her kids :(
@mishelmk
@mishelmk 9 ай бұрын
Yes, this is a great suggestion. Big shortage of caregivers. I am planning to do the same when retire. Coming in USA after 40 yo from socialism with zero knowledge about managing finance (costly life lessons), raising kids, helping relatives aboard.. not much left to build financial cushion. At least, feels good knowing my condo will be paid off by 65.
@therealMelB
@therealMelB 9 ай бұрын
I 100% agree with the comment regarding becoming an elderly companion. Most skilled nursing facilities or rehabilitation facilities are always looking for people to sit with elders in the hospital or nursing homes. zmy elderly sister did it for a couple years at her local hospital. I know in Seattle downtown there are at least 3 large hospitals. Plus a VA close by. Good idea! And it doesn't require standing or hands on.
@marianrosin6486
@marianrosin6486 9 ай бұрын
Is she bankrupt if she has Social Security coming in?
@rebeccabaron1348
@rebeccabaron1348 9 ай бұрын
@@marianrosin6486you can’t even eat and pay rent in social security.
@Tamarind525
@Tamarind525 9 ай бұрын
Very impressed by how the host was kind, diplomatic and tactful with his guest and provided an educational experience for his audience. He demonstrated knowledge and care for the individual. He also displayed the guests’ specific financials in a way that could be taken in by the audience. Highest praise. I’ve seen a lot of Caleb hammer type financial audits but this was actually educational, informative, and helpful (with compassion) to the guest. He provided realistic solutions and pointed out key issues. Great job.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you very much for this comment, woke up to it and made me smile ! I appreciate you took the time to write it 😀
@rosejones2932
@rosejones2932 9 ай бұрын
Love this guy. There are so many people who just scream at people who are down.
@mtb4657
@mtb4657 9 ай бұрын
New subbie here🎉 I also watch Caleb financial audits and I can definitely tell you there’s a huge difference, and how this channel handles his audits with his guest! We need more channels like this!
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
@@mtb4657 welcome on board 😀
@Techforward92
@Techforward92 9 ай бұрын
Typical women mentality. They never want to hear the hard truth.
@gregwooldridge8864
@gregwooldridge8864 9 ай бұрын
I was a slow student. My finance teacher taught me well. No credit cards. No expensive cars.. buy a home when I earn a good income and pay it off . I'm now 49 of age dept free for years raised a family and building a house for my daughter on another property I brought years ago when I had spare cash all from good basic advice and rules.. thanks finance teacher.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Congratulations !
@darleenmcbride8900
@darleenmcbride8900 8 ай бұрын
Bless your heart Catherine. I got really, really sick in my late 30's. I had to go out on disability. I'm totally alone, no family members. It's very, very hard to make it. God has always taken care of me. God bless you Catherine 🤗
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I love to hear that, and you can reach me at my email romainfaurechannel@gmail.com if you want to chat!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@elviraroberts876
@elviraroberts876 7 ай бұрын
@@itsRomainFaureI am 62 and just like Katherine
@elviraroberts876
@elviraroberts876 7 ай бұрын
@@itsRomainFaureI am very worried
@jessejames4967
@jessejames4967 8 ай бұрын
A lot of retired people lost everything in 2008. Just because you save doesn't mean you are prepared. Wishing blessings for her!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
My father was one of them!
@LuchSveta1
@LuchSveta1 8 ай бұрын
@@itsRomainFaurein the USA? or in France ?
@ToniBlackman4
@ToniBlackman4 7 ай бұрын
Exactly!
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
@@LuchSveta1 in the US …
@HLJlovejoy
@HLJlovejoy 9 ай бұрын
Yay! I’m so glad she found a PT job! Hallelujah ❤
@josuerivera3322
@josuerivera3322 9 ай бұрын
The most horrific thing about this is that she's really not alone at all!
@marianrosin6486
@marianrosin6486 9 ай бұрын
I know. It makes me sad her sons won't help her. Unless she was physically or emotionally abuse, I don't understand why they won't to their ability.
@nekozombieraw
@nekozombieraw 9 ай бұрын
Maybe she isn't comfortable asking.
@ohenenana4392
@ohenenana4392 9 ай бұрын
​@@marianrosin6486I hope they see this and get motivated to help. She raised them as a single mother.
@Shadow_Banned_Conservative
@Shadow_Banned_Conservative 9 ай бұрын
@@marianrosin6486 I dated a woman like that for a short time around 10 years ago. I only dated her a short time because it turned out she and her adult kids were pretty much dirtbags. They either couldn't take care of their mother or just wouldn't. She made the mistake of trying to friend me on social media and when I read her profile and saw her and her daughter publicly calling each other bad mothers and 304s, that was all I needed to see to know there was no future with this woman. I'm 52 and take care of my 91 year old mother, having moved her in with me in 2020, she was on the other side of the country. She took care of me growing up and in the first couple years of adult hood as I struggled to find a good entry level job toward a career path in our rural, depressed community. Ever since I left home and she became older, even when I was still a renter I always rented apartments that were at least two bedroom just in case she ever needed to move in with me, and she always had the standing invitation to do so whether she needed to or not. I couldn't imagine not taking care of my mother, now or ever.
@gabriellah5933
@gabriellah5933 9 ай бұрын
I find it a little scary that she is an empowerment coach in this situation.
@utube9000
@utube9000 7 ай бұрын
Mad respect for this woman to go on this show and bare her situation to the world. She is highly intelligent - and honest about her mistakes. I hope her message helps some young women out there - and I hope people support her business!!
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
I encourage you to check out her update video that we just released 😊
@7392318
@7392318 9 ай бұрын
I’m 63 and finances were not often discussed when I was young, even in the family. It was seen as a taboo subject. Luckily I found an AM (as in AM/FM) radio show in my 20’s that discussed stocks, bonds, mutual funds, etc. There was no internet of course, and not many tv channels with shows about money like today. Thankfully I learned on my own and will be ok in retirement. Shows like this are excellent tools for people today.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you for sharing your story, it must have been very different than today!
@Lee-tt2yb
@Lee-tt2yb 8 ай бұрын
Yes, finances were a taboo subject. But we were taught basic arithmetic, and that borrowed money, eventually, had to be repaid. There are a not-statistically-insignificant number of people who grew up with paper money and coins whose thinking about credit payment and debt seems to be: "Well, you know, it may or may not actually be real. You never know. And I don't FEEL like paying it. (Yes, I've heard this very sentence.) Do young people who grew up with virtual money (and common core math) have a closer understanding of financial transactions, or are they a further step removed? (Genuine question.)
@7392318
@7392318 8 ай бұрын
@@Lee-tt2yb regarding your question about young people, I think everyone needs to learn financial literacy. I don’t think virtual money or common core math makes any difference when learning about investments. Discipline to save is lacking for many as you described. People need to learn about mutual funds, stocks, CD’s and the like so they can grow their money. Even if people don’t have a lot of money it’s important that they learn how to manage what they have. I’ve heard that there is more teaching of financial literacy in schools which is great.
9 ай бұрын
So many of us are in or close to her situation. Baby boomers are the first gen to find out issues with managing your own 401k, loss of corporate retirement programs, fears of future government cuts to social security and current rise in homelessness in the senior population. Thank you Roman for your empathy, and bringing to light the lack of preparedness, financial difficulties and corrective strategies at any age to achieve some level of secure retirement.
@maryrose5246
@maryrose5246 9 ай бұрын
Boomers and Xers
@SS-vm5ut
@SS-vm5ut 9 ай бұрын
This woman needs to give up her dream of coaching and get a job! There’s no way that she will ever succeed as a coach. Truly delusional!
@Piertides
@Piertides 9 ай бұрын
You are spot on with being first out of the gate to manage our own financial retirement. There were no instructors or mentors to help navigate this journey. Women that raised children, many like her that did it singular or without much financial support, were trying to survive on all monies available. Paying yourself wasn’t always an option over maintaining a household. I’m happy she shared her story, it will let others in her exact situation know they’re not alone. Best to all, retirement is supposed to be easy, not hard.
@leroyj62
@leroyj62 9 ай бұрын
This is exactly why i hound my parents to get their shit together. I lent them a few grand to get a jump start on their cc debt and now they are within a grand of being debt free aside from 8k on the mortgage. Mom is retiring next 2 years and dad is retired.
@kathyann9643
@kathyann9643 9 ай бұрын
We didn't have the internet to learn as much as younger people do today. What helped me was my dad always preaching that the "debtor is a slave to the lender" which helped me stay out of debt. Started putting money into a 401k at 25 but made dumb investments so I don't have nearly as much as I should have but I'm 65 and doing okay.
@deanc2000
@deanc2000 9 ай бұрын
A lot of people don't have enough to survive during their old age. Its very common. What I can say is this. Working is not all BAD. A job provides a reason to wake up early in the morning. It provides social opportunities. It provides structure to your days. It provides a reason to go to the gym and exercise. Last but not least, it provides some income in addition to the Social security income. Myself, I will probably not retire completely, but work at least part time, just so I don't have to dip into my savings/investments. Complete Retirement is OVER-RATED!
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Good point of view - thank you for sharing !
@maryrose5246
@maryrose5246 9 ай бұрын
Working is a wonderful way to give structure and opportunities. I don't think I will ever totally retire.
@fremontpathfinder8463
@fremontpathfinder8463 9 ай бұрын
Agreed
@mtb4657
@mtb4657 9 ай бұрын
I agree.
@monharris28
@monharris28 9 ай бұрын
agree, i want to work part time somewhere, maybe at a food bank helping others and smiling
@gmm5630
@gmm5630 8 ай бұрын
Romain, I really appreciate the way you handled this guest. You were clear, firm but very kind.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I appreciate your kind message, thank you :)
@SoulfulVeg
@SoulfulVeg 7 ай бұрын
I love this lady. She made mistakes, but she is taking accountability. Best wishes to her!
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
I encourage you to check out her update video as well that we just released a couple of days ago :)
@et8893
@et8893 8 ай бұрын
Subbed because he was so respectful to the woman who damaged herself with ignorance of reality ....
@rowenahenderson7375
@rowenahenderson7375 9 ай бұрын
poor woman it could be anyone. May her life get better.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@Jean_in_Stillness
@Jean_in_Stillness 9 ай бұрын
This video was well done and illustrates a powerful message that too many of us take for granted. Catherine appears very dear. I have much respect for her graciousness in facing (required but) tough questions. Her willingness to share her story is highly commendable as it can also encourage others to be financially mindful. She has the fortitude to learn beneficial ways to manage and generate a better income. Groceries are one area where unrealized funds can be "mined." There is no shame in visiting food banks, especially when household income is low. Romain's audit offered sensitivity and compassion while suggesting applicable actions to bring in much needed income. (Note: Romain's YT channel is one of my favorites for stories about personal finance. His intelligence and genuine respect for all his guests are what makes his a channel of real quality.) 👍
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Good morning ! I will say what an amazing message to wake up to :) you know I was quite disappointed having to put a pause the YT channel but comments like this make me feel very proud so thank you! Catherine was indeed courageous to come on the show, and while she may not have made the best decisions, deserved all my respect and understanding, what was done in the past is over, criticism is easy, but findings solutions is another ball game :)
@debracisneroshhp2827
@debracisneroshhp2827 8 ай бұрын
@@itsRomainFaure , You are a lovely human being. Love, Light, and Blessings on future endeavors. 🙏😇✨💫🌱🌿🌻🐝🌳🌎💖🙌😺
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@deborahdaviesdd-artist1059
@deborahdaviesdd-artist1059 8 ай бұрын
Brave woman coming on and making the millions of people who are in exactly the same position not feel so alone. Bless you. X
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I hope you have to chance to come check out her update video this coming Thursday :)
@DawnOldham
@DawnOldham 8 ай бұрын
This was kind of her to open up to share with others who need to hear her story. It made me so sad for her. My husband of 39 years has always been so tight with money and my home based business flourished for twenty years until my health rendered me disabled at 47. Between him keeping us living below our means and my higher income, we are blessed to have a stable retirement and are able to finish putting the last two of five children through college. Please, people. Be afraid NOT to prepare a retirement plan. You don't know what your health will be. Save while you can earn!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I agree!
@bpassion4fashion581
@bpassion4fashion581 8 ай бұрын
Thank you for treating her with respect and kindness while telling her the truth. I am almost in the same boat except I am 49 and I can take on the advices given here. Blessings to Katherine and to all 🙌
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@kii1985
@kii1985 9 ай бұрын
This was a great episode. My jaw dropped when she said she had an economics degree and is in this bad of a situation. I feel bad for her😢 but I am glad Romain is doing his best to help her. I love listening to his accent while I am learning on his channel, too. 😊
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Welcome :)
@shayscott7498
@shayscott7498 9 ай бұрын
The accent makes me swoon!
@rosminlittle5383
@rosminlittle5383 9 ай бұрын
No savings despite being a boomer . We are known for saving . It is unfortunate.
@TwoPyramid
@TwoPyramid 9 ай бұрын
Degrees don't automatically translate into professional competency and success.
@keepingitreal618
@keepingitreal618 8 ай бұрын
Chose the wrong degree. Always look at your future when you are thinking about the right degree for you. So many people chose the wrong direction. Look at your future, you should be able to be employed well into the future. That’s how I chose my career.
@lindamckay3033
@lindamckay3033 8 ай бұрын
What a fantastic, brave lady. 👏 It's a very lonely road being in Catherine's position, and I hope she realises that her honesty and courage is appreciated by all who watched the interview. Wishing you the best for the future.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for the positive thoughts!
@DAL201107
@DAL201107 8 ай бұрын
Brave??? lol. For what? Having the financial and emotional maturity of a 9 yr old?
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@livelearn06livelearn86
@livelearn06livelearn86 9 ай бұрын
At around those ages it is very common it is the reality. Not everybody had top paying jobs as single parent. Retirement education was not this much well known. Lucky to the ones who had high paying jobs and did not live month to month. Not everybody is super human. Criticizing is very easy.
@maryrose5246
@maryrose5246 9 ай бұрын
Financial literacy has to become a requirement in schools.
@theajayieffect
@theajayieffect 9 ай бұрын
Thank you for saying this.
@sct4040
@sct4040 9 ай бұрын
The fact that she was a single mom made it very difficult to save.
@maryrose5246
@maryrose5246 9 ай бұрын
@@sct4040 this is true.
@suzanneemerson2625
@suzanneemerson2625 9 ай бұрын
@@maryrose5246Very few children are interested in learning how to save for retirement. Were you?
@kerryrowles5217
@kerryrowles5217 8 ай бұрын
Kudos to the client who had the bravery to seek help and to hold herself together during the show, in what must be a stressful and confronting situation for her. Your compassion, Romain, is comendable.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I just recorded an update with her !! It’s coming stay tuned 😁
@helensavvides6582
@helensavvides6582 8 ай бұрын
What a beautiful, courageous, gentle lady. Well done for being so honest. Reach out, take the advice here to put yourself on a housing list. At least you will have that on the back burner. My father worked until 6 months before he died. He was a few months shy of 82 years. He loved working. Your life is what you make of what you have. Such sweetness, honesty, gentleness has great value. We get dealt with different hands of cards. You have a valuable deck. Find something to bring you even the smallest measure of joy. You're organised. Think about reselling stuff that people are trashing. I have confidence that you will prevail. Love Helen x
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for sharing a story about your father Helen, the rest of your comment was just GOLD :)
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK and she addresses your comment! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@ginaschlitz6337
@ginaschlitz6337 9 ай бұрын
Unfortunate reality living in the US is you can save your whole life, pay your house off and lose EVERYTHING to pay medical expenses due to chronic illness or disease. Some seniors pay thousands a month just for medication.
@maryrose5246
@maryrose5246 9 ай бұрын
This! I know a few people this happened to. I actually became disabled at 50 and had to dip into my savings and retirement funds. I did everything right too. There really is no guarantees, but I'm glad I had what I had saved.
@marianhunt8899
@marianhunt8899 8 ай бұрын
Yes, the system is horribly corrupt. Do everything right and still get screwed. A savage society sadly.
@FP65
@FP65 9 ай бұрын
Bless this lady. SO many seniors are in her financial position or far worse. Feel very bad for her. You can tell she’s kind. And I’m glad he was kind to her. She’s still pretty. Hope she meets someone to love and value her. As for work I hope she goes out and gets a full time office job or something with a steady income. As long as a person is alive, there’s still hope to turn finances around. I wish her good luck.
@rene-rv6pp
@rene-rv6pp 8 ай бұрын
To find a person for her will ne very difgicult because yonger people is very mocking and that hold older people to have a relation
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@lindsay3995
@lindsay3995 8 ай бұрын
Thank you for being the classiest & most empathetic creator in this space. You don’t let people walk all over you, but you’re aware of the TRUE cost of living & don’t berate people for their mistakes or simply their personality traits expressed in moments of stress.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for this comment! I want to create an environment where people can open up and feel hope because there are always actions we can take to get out the situation we are in :)
@emzywillrich7243
@emzywillrich7243 9 ай бұрын
You can still survive with no savings if you have no debt and an emergency fund ($5K to $10K). You will still need to supplement your social security with savings and a job as long as you are able to work. By 67 everything including your home and car should be paid for. Remember, you can sell what you don't need and consider liquidating and moving out of the country to a place where your money has greater purchasing power.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Valid points.
@Shadow_Banned_Conservative
@Shadow_Banned_Conservative 9 ай бұрын
I wonder though what the percentage of retirees as renters is today, and will be in the future. I've known a lot of people over my lifetime that were the working poor and never were able to buy a home. Being a homeowner is the key to financial stability that you will never have as a renter. I paid my mortgage off in only 13 years because 2020 scared me, I thought the world's economy was done, and I'm still not convinced that it isn't. My minimum liability per month while paying the mortgage was about $1500, and would have gone to $1700 due to taxes and insurance if I were still paying that mortgage. Having paid off the mortgage and having about $25k set aside in the bank for a new roof, HVAC, etc, my taxes and insurance obligation for that roof over my head is now down to $500 (was $300) a month in my single family home. You can't rent a run down studio apartment surrounded by section 8 housing for that little. I honestly don't know what the lower earning, working poor who never owned real estate are going to do in retirement. I see elderly group homes and mass elderly homelessness in our future, I'm sad to say.
@vince8436
@vince8436 9 ай бұрын
I see that too. I have always been a lower income person. I live very frugal, but in a decent area. I can make it on SS, part time work and savings. I know I can do this into my mid to late 70's for sure. But after that depending on how my retirement funds grow or don't will be the unknown. It was a known before COVID and it was all well. Post COVID things have changed.
@suzanneemerson2625
@suzanneemerson2625 9 ай бұрын
@@vince8436 Alzheimer’s is rising so fast now. You need to put aside money for dementia care, too.
@vince8436
@vince8436 9 ай бұрын
@@suzanneemerson2625 Yes if you can, but most people do not have enough money to retire. If they can't retire they sure as heck can't pay for long term health insurance which covers Alzheimer's. And since that does not come until 80s or older if you are living tight you will just be surviving. At that point you will still be cared for in a nursing home on Medicaid. And with Alzheimer's you will never get back out. So really the worst is you will have nothing to leave family if you even still have family. And with Alzheimer's you really have no concept of life anymore anyway. When you look at the statistics it is bad, the amount of people who could not even afford a 400 emergency expense is insane. No matter how much money they make. They will worry about today and not the future.
@simonh7954
@simonh7954 9 ай бұрын
My heart really went out to this woman. But I don’t understand how someone is in a life coaching job, but their own life isn’t in order at all? I’m assuming her kids are in the same position since they can’t help at all. This was just sad but a very important video for young people to see.
@maryrose5246
@maryrose5246 9 ай бұрын
Yeah, the coaching thing made me raise my brow.
@Ryron24
@Ryron24 9 ай бұрын
Same here. Just cuz you’ve gone through tough times, doesn’t make you eligible to be a coach.
@minoozolala
@minoozolala 9 ай бұрын
I’ve seen a number of people who can’t get they lives together pretending to be life coaches. Don’t trust them.
@robinkrieger8003
@robinkrieger8003 9 ай бұрын
It’s common…..they just can’t see themselves at a normal job….she needs fast income NOW…..Target $15 an hour ….budgeting….stop spending….many of us have really bad backs, but we have to eat and pay rent …
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Hope you had the chance to check out her update video at the end :)
@priola7587
@priola7587 9 ай бұрын
I salute you, Romain, for your compassion and courageous frankness. And Catherine for facing up and making the necessary changes. When i was a little girl in the 1960s i went with my campfire group to sing Christmas carols at a small care facility for elderly women. There was a woman terribly crippled with arthritis in a wheel chair. At night they rolled her chair into a small closet. I never forgot her. Ive made lots of financial missteps in my 67 years, but i owe my retirement security to that woman. It terrified me into preparing for my elder years.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Wow I’m out of words !
@TLA123y6f
@TLA123y6f 9 ай бұрын
Fear is a great motivator !!!!
@beaudenoir
@beaudenoir 7 ай бұрын
I subscribed because you handled her wih so much kindness. Thank you.
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
Thank you - and welcome on board 😊
@thepragmaticspiritualist7074
@thepragmaticspiritualist7074 8 ай бұрын
There is such a lack of compassion in the world and it’s so easy to judge. I love how you let this woman tell her story and listened with compassion. When people have the courage to admit their mistakes, the deserve a compassionate listener ❤
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you very much!
@terri2069
@terri2069 7 ай бұрын
This is one of the BEST most helpful videos I’ve ever watched in my life. I’m almost in the same situation as this woman. The advice is practical and very specific to where this woman is. No need to talk to her about investing and 401ks. Her needs are profoundly different than people who have financial resources. He nailed it. I subscribed.
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
I really appreciate your kind message! I encourage you to check out her update video that we recently released😊
@msb8287
@msb8287 8 ай бұрын
Kudos to this woman for sharing her situation! She will never know how many people she comforted (she us not alone in this very situation!) and helped.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for the kind comment :)
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@shauna996
@shauna996 9 ай бұрын
She should be an au pair for the elderly with minimal needs. Help them with their food and meds and get paid while living rent free.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Valid recommendation - I will let her know 👍
@Tammi333
@Tammi333 9 ай бұрын
@@itsRomainFaure Yes valid but I do think she should stay living where she is at. If she is an au pair for an elderly person and she lives there rent free, what happens when that elderly person passes away ? She would have to find another au pair job and the cycle could continuously repeat itself with no real stable place to live. The alternative could be doing those types of jobs without living there. I wish you the best Catherine !! Note: Catherine could get coaching clients from the exposure she gets from this video. If she has a website or an email that people could contact her at, it could be put in the description of this video. Maybe exposure is what she is needing for her to get her coaching business off and running.
@Talkwithtina808
@Talkwithtina808 9 ай бұрын
Yes!!!!
@Talkwithtina808
@Talkwithtina808 9 ай бұрын
@@itsRomainFaureplease don't forget to tell her ❤
@TLA123y6f
@TLA123y6f 9 ай бұрын
@@Tammi333 Yes, but she could be stashing that housing $ into emergency fund, retirement funds bigtime. At this stage time is working against her.
@maryd8370
@maryd8370 9 ай бұрын
Catherine, you look terrific! I would never have guessed your age. I’m in a similar boat. Still working but cannot retire until 70!! Time really can get away from you!!
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thanks for sharing :)
@Prophezora
@Prophezora 8 ай бұрын
She's not a bad looking older lady, she was probably really cute back in the day. Its a shame she didn't snag a good guy :(
@GO-nh6br
@GO-nh6br 8 ай бұрын
I would retire now, if i were you, the extra money for waiting longer is very neglitable...you will loose more....
@bibiblocksberg2081
@bibiblocksberg2081 9 ай бұрын
Even the worst tragedies sound less dire when they're told in a charming french accent. 😂 I commend this lady for owning her financial mistakes.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Haha 😊
@maryrose5246
@maryrose5246 9 ай бұрын
The French accent helps a lot. It sounds much more easy and charming.
@AngieMcdonald-fu9nh
@AngieMcdonald-fu9nh 8 ай бұрын
Shes still blaming others though. Eg blaming her parents for not teaching her finances lol. But agree his accent lends the situation so much more dignity!
@Diagonalforward79
@Diagonalforward79 5 ай бұрын
Thank you Catherine for coming on the show and being vulnerable so others can learn.
@itsRomainFaure
@itsRomainFaure 5 ай бұрын
I encourage you to check out her update video as well :)
@TheManifestationHub
@TheManifestationHub 7 ай бұрын
People of all ages should watch this
@JoJo-ie8sl
@JoJo-ie8sl 9 ай бұрын
Sending good wishes. She is to be commended for using her story to help others.
@ed9910
@ed9910 8 ай бұрын
You are amazing Catherine! You have guts! All the Best.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you for the positive throughts!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@wealthelife
@wealthelife 9 ай бұрын
You get to live the life you make for yourself. She basically pre-spent her chance for a comfortable retirement by spending every cent of her income during her 40s, 50s and 60s The 'single mom' excuse was valid from 26-44. But since her kids turned 18 by the time she was 44, she has had 23 years to spend less than she earned and to save up for retirement. "I didn't know about personal finance and budgeting" isn't a valid excuse when you have an economics degree and there are plenty of books on the topic she never bothered to read during the past 50 or so years. Sucks to have to work at 67 to pay off $20K of credit card debt, but she spent that $20K when she didn't have it, so basically has already had the 'enjoyment' from that spending and now has to pay for it in instalments.
@vicsmith8397
@vicsmith8397 9 ай бұрын
It’s a poor reflection on society that this well written post that says the truth has no upvotes.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
I agree with the fact that she had the time to build up her retirement funds and did not take action at this time. Today pays the consequence …
@louiseyvette2261
@louiseyvette2261 9 ай бұрын
We would never have realised this if you hadn't mentioned it
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
@@Husker3579-tz4nw we also have to realize that the economic and educational context at the time were vastly different than from today.
@fabulouslife4646
@fabulouslife4646 9 ай бұрын
There may be unresolved trauma that has caused this self-sabotage. The thousands on coaching were spent just last year not 30 years ago. These are not just bad decisions, but continuous dumpster fire decisions. And on top of that, she clearly has a strenuous relationship with her kids.
@SharonGregg-c3v
@SharonGregg-c3v 7 ай бұрын
Catherine is correct that we get almost no education on personal finances. I was lucky that my mom taught me the dangers of too much debt. I am living on my social security and small gig income, but am managing with zero credit card or loan payments. This is a great show to understand financial strategies.
@RichRootz
@RichRootz 9 ай бұрын
She is me❤️🙏🏾 thanks for your transparency and the update. U rock lady💪🏽👏🏽
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
You are so welcome
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@readyornot316
@readyornot316 9 ай бұрын
This interview was very enlightening and I really appreciate Romain’s calm assessment and processing of the situation. I applaud this woman for seeking help. Based on her story, it does seem she needs a lot of affirmation. I was taken aback at a couple of things, stating she was not taught good money management by her parents, and implying her financial choices were a result of abusive relationships 40 years earlier. Many of us have experienced these things and have to grow up quickly and take responsibility for our choices and our future because no one else will.
@tomaskey6844
@tomaskey6844 9 ай бұрын
I’ve always struggled with money no matter how hard or what method I used. At 57y.o. I learned I was diagnosed with Asperger’s when I was young but they didn’t tell me. I’ve slowly been able to adjust my life and this year should be my best financial year ever even though I’m in a bad spot at the moment. I’m using a planner for Autistic/ADHD people that has a Funnel System for my finances. I’ve designed a system that gives me the information I need in a way I can visualize it as numbers are a foreign language to me. Videos like this are great tools and I appreciate the effort in making them.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you very much for sharing your experience, additionally I want to congratulate you for taking control of your finances, even when it’s not easy !! Cheers to you
@8ofwands300
@8ofwands300 9 ай бұрын
I think you misspoke. Her income currently is $ 21,600. I'm actually surprised she is drawing that much in SS benefit, given what appears to have been a spotty work record. I'm five years younger and understand that life can throw curve balls. I wish this woman well. Thanks for focusing on some older folks.
@maryrose5246
@maryrose5246 9 ай бұрын
I am too. That's pretty good for the work she has done.
@Fishouta
@Fishouta 9 ай бұрын
It's possible her SS benefit is based off of one of her former spouse's work records. In other words, it's possible she is receiving either spousal or survivor benefits.
@maryellenscott1890
@maryellenscott1890 8 ай бұрын
@@Fishouta I believe you have to have been married for 10 years to collect a spousal benefit and I never heard her say she was ever married to either man. Certainly not for 10 years. I agree the $1800 seems high and their was no mention of medical insurance. Maybe I missed it.
@Monkees68
@Monkees68 9 ай бұрын
Catherine is a cautionary tale. There are many people in a similar situation. Catherine should be able to get out of this. She's educated and knows what to do. I wish her the best.
@xpallodoc1147
@xpallodoc1147 9 ай бұрын
She has a lot of opportunity and let’s be real she like any of us are not guaranteed to live to any specific age
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@ReemTahir
@ReemTahir 3 ай бұрын
I love how compassionate Romain is and how that attracts viewers who are also the same. I was pleasantly surprised to read such respectful, encouraging, and empathetic comments.
@itsRomainFaure
@itsRomainFaure 3 ай бұрын
@@ReemTahir lovely ! And I encourage you to check out her update video too :)
@ReemTahir
@ReemTahir 3 ай бұрын
@@itsRomainFaure Say no more! *watching*
@pauld3298
@pauld3298 8 ай бұрын
Great job Romain. You were respectful and caring to your guest.
@alesiav.4114
@alesiav.4114 8 ай бұрын
Very brave of her to share her story. She will help many people and your compassion is admirable.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Yes she was very courageous :)
@mariabesharah613
@mariabesharah613 9 ай бұрын
I love watching videos like this. You handled this with so much grace and respect towards your guest. Well done!
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you so much!
@debbiewatermelon
@debbiewatermelon 7 ай бұрын
Bless you for this video. At 67 one comment to find Temp work has propelled me into the job market again. Going thru a reputable agency. signed up today to look. while i own my own business it has not been prospering. This video gave me the courage to start looking.
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
Wonderful! I also encourage you to check out her update video that we recently release too
@hid34way
@hid34way 8 ай бұрын
This is how some girls from Caleb Hammer's video will end up. Tough life, thank you for your compassion
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I can't judge that but I appreciate your kind comment
@elell7971
@elell7971 9 ай бұрын
The best episode yet; a wonderful book ends sort of finale. Been watching since the second episode and i look forward to your next project!
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you so much !
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@tessajones9393
@tessajones9393 9 ай бұрын
This is your first video I've seen. I'm so glad I saw it pop up. You're great! I'm Australian but lessons are lessons. Thanks for the upload and being so respectful with her. 📚☕
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Australia ! Amazing :) welcome onboard mate
@tessajones9393
@tessajones9393 9 ай бұрын
Cheers mate! ​@@itsRomainFaure
@mamalovesthebeach437
@mamalovesthebeach437 9 ай бұрын
Brave to appear here! Coaching women to set boundaries may be better served as volunteer work. Her body language and energy does not match what most look for in a coach. Catherine needs a full time paying job and reducing her fixed expenses. I wish her luck in taking control of her finances.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
I hope you had the chance to check out her update at the end of the video :)
@anitah2404
@anitah2404 8 ай бұрын
Good point about the body language and energy.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@lisaaustin4561
@lisaaustin4561 7 ай бұрын
She sounds like me😢 one thing people don’t get is when we were young, our future was marrying and having a family. Most women my age went to college to find a husband. That’s a fact. Our fathers took care of our mothers so that was the upbringing. Generally, the only females going for the BIG CAREER were unattractive. I’m 67 and make $92000 a year as a legal secretary. I’ve had zero trouble finding a job. My advice, don’t have babies until you’re married for 2 years. No man can hide his true self for that long. Leaving with no kids is significantly easier than with kids.
@Lee-tt2yb
@Lee-tt2yb 8 ай бұрын
Sounds like there is some deeper issue. "Not paying attention," was stated so many times. She said she does well when held accountable (by someone else). She's well groomed, articulate, and personable. If she can internalize that accountability, she'll get on track. Very good interview. Frank clarity without condemnation. Upbeat while very grounded.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@katiahermandez1878
@katiahermandez1878 8 ай бұрын
I am so happy that she found this job. I know there was a lot of bad decisions but people need a second chance and she is having it now.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Spot on !
@supermutant
@supermutant 9 ай бұрын
Best of luck and full credit for having the courage to tell your story.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@sherylcastro5688
@sherylcastro5688 9 ай бұрын
Compassionate and sympathetic towards Her. I will not judge because I don’t know the hardship & the life she went through~❤❤❤
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you 😊
@llewis921
@llewis921 9 ай бұрын
Wow this broke my heart but I am proud of her for taking action and hope that she can make the best of it! Good luck Catherine!❤❤
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@jonheredia8789
@jonheredia8789 9 ай бұрын
Good job roman especially appreciate this episode as I am 64 years old and just about ready to retire....never married with no children...have always lived life to the fullest and even lived overseas for a couple of years... don't have much left financially but still in a very good financial position due to investments that have done well for me....keep it up and continue to help all of us to take responsibility for our finances 😊
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you for sharing your story! I am glad you enjoyed a life of no regrets ❤️
@judiashley5818
@judiashley5818 9 ай бұрын
You have a very kind approach. I feel bad for her and it's true time goes so fast so for you younger people do it now like he says even just start with a small amount as it gets you going. I just turned 65 and the alarm bell didn't ring until about age 47 when ING gave me 50.00 to open a retirement savings account. Thats literally how l started. I will be at 220,000 at end of month and still working and saving as Social Security is at 1623 for me so will wait to let it grow.. No credit card debt but a mortage that's not too bad with lots of equity and car paying off as well as student-loan on INcome based. I'm so happy to hear she got ESL job that's perfect.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Thank you very much for sharing your story! Glad to hear that you have created a positive path 18 years ago :)
@judiashley5818
@judiashley5818 9 ай бұрын
@@itsRomainFaure thank you!
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
CATHERINE is BACK! We have a 4-month update video coming tomorrow at 8:00 am PST I look forward to reading your thoughts! Thanks again for your support😄
@sandzee1868
@sandzee1868 8 ай бұрын
This scares me… I’m 57 and had a similar story to Catherine… I never had the debt.. but always living paycheck to paycheck… 2 kids. With back child support owed over 150k….im worried about the next 10 years … I only have 5k in savings and need more income.. asap… I’m not homeless but struggle since one child is still in middle school. Please show more videos for us in this boat. Thank you so much
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thoank you for sharing your story, I will try and dive more into those profiles. I am really welcoming anyone on this show so it has the variety for all the viewers. I hope you get yourself in a better situation as well :)
@joycejackson9315
@joycejackson9315 9 ай бұрын
As an older woman living on a fixed income of below the poverty line. I can say this women needs to forget about buying a tiny home at her age. She needs to default on her credit card debt and save every penny. They will sue her. However, she has no assets for the creditors to go after. At best they will put attachments on her car. So she can't sell it. Drive it till it's dead. The social security can't be garnished. Look into senior housing. However, in 1800 month, she won't qualify for a reduction in rent . She needs to stop with her hobby job. I feel for her. However, she could life fairly well on 1800.00 a month if she moves to a small rural area. Or file bankruptcy and forget about a credit score. It's silly to hold onto wanting credit with no saving at her age.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
Solid points ! Thank you for sharing your thoughts :)
@DebiGoldben
@DebiGoldben 8 ай бұрын
Filing bankruptcy is definitely an option because she has nothing for anyone to take, and her Social Security would go a very long ways if she didn’t have credit card debt. Bankruptcy also requires you to do a couple of financial courses, which may be of benefit to her so that she can stay out of trouble. Her credit score is already low and, most people receive credit offers shortly after filing bankruptcy so, even if she needed to get a new car in the near future, she would have an opportunity to do that. tiny houses used to be cheap, but they are now getting expensive. Sharing housing with other senior women would be a possibility and is something that needs to be done more in the US because it would help a lot of people.
@mikemetcalf192
@mikemetcalf192 8 ай бұрын
Your demeanor and respect are pure class. I feel so bad for this woman and you were so helpful without hurting her.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
Thank you there is no reason to blame, let’s assess the situation today and find solutions 👍
@Teresa-ui6wx
@Teresa-ui6wx 8 ай бұрын
Catherine, thank you for your openness. You look great for 67.
@allthingsnu4673
@allthingsnu4673 8 ай бұрын
I wish Catherine all the best. I enjoy Romain's interviews; he is very compassionate and calming.
@itsRomainFaure
@itsRomainFaure 8 ай бұрын
I appreciate the comment :)
@jupitereye4322
@jupitereye4322 7 ай бұрын
She teaches women empowerment... I am lost for words.
@renebrown995
@renebrown995 7 ай бұрын
She seems like an empath. She always wants to help others and forget to help herself. She mentioned being under water. She is now living with family which she most likely would rather not . Bless her for having courage to right her way to a better path ✌ 🕊.
@M_SC
@M_SC 5 ай бұрын
Based on her follow up you should be embarrassed at your lack of understanding of humanity
@jupitereye4322
@jupitereye4322 5 ай бұрын
@@M_SC Would you care to explain? I am not sure what exactly you wanted to say here.
@johnkelly9451
@johnkelly9451 3 ай бұрын
She is brave to reach out for help and tell her story. She is empowering herself and others. She has taken the important step to continue to keep trying.
@drivingbalu7952
@drivingbalu7952 9 ай бұрын
I just dont understand how a smart well educated woman only starts thinking about retirement money once she is 67. She had her kids young, they were grown when she was 40, she must have earned good money then. I think, she is right, financial education should be provided in school but as a grwon up educated women with grown children, I dont understand that she never thought about her retirement and kept spending until she suddenly was 67 years old. It buffles me.
@itsRomainFaure
@itsRomainFaure 9 ай бұрын
I asked those same questions!
@robinpigeon2070
@robinpigeon2070 9 ай бұрын
It’s more common than you think. And the millennials and gen Zs are screwed with all their school loans.
@CrowsonStewart
@CrowsonStewart 9 ай бұрын
This is the outcome when you refuse to grow up.
@Ww8.3
@Ww8.3 9 ай бұрын
Often the smartest people are the most reckless with finances. I work in a hospital and most doctors with those insane student loans go out and buy that bmw upon landing their first job 😂
@robinpigeon2070
@robinpigeon2070 9 ай бұрын
She chased dreams that turned out to be delusions, and that’s very expensive.
@lvega5606
@lvega5606 7 ай бұрын
I completely agree with her about it's really messed up that most schools don't teach personal finance. Well, on the east coast, more schools tend to do so, but my west coast schools I attended never taught a single finance class or even unit.
@itsRomainFaure
@itsRomainFaure 7 ай бұрын
I am hoping that with KZbin the young generations are able to get access to this information!
@melry5460
@melry5460 2 ай бұрын
You being compassionate made me a new subscriber! ☺️
@itsRomainFaure
@itsRomainFaure 2 ай бұрын
@@melry5460 welcome on board :)
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