He Told An 86 Year Old Grandma To Get A Job To Pay Her Credit Card Bills

He Told An 86 Year Old Grandma To Get A Job To Pay Her Credit Card Bills
In today's show we're talking about the reaction to Dave Ramsey's personality telling an 86 year old grandma to get a job to pay her credit cards. We'll also be talking about how personal debt can lead you to financial ruin and we will offer strategies to help you avoid suffering the consequences in the future.
👍 25% Off NOW 👍❤️ Quick and Easy Recipes! ❤️ Dining On A Dime Cookbooks shop.livingona...
Get 25% Off our Print Version Price Books here shop.livingona...
Free Dining On A Dime Volume 1 (e-book version): Free with coupon code DINING1 : shop.livingona...
If you’d like to support our show while getting things you already buy, check out our recommended items at Amazon:
Our Amazon Store
www.amazon.com...
These are affiliate links. When you order something from Amazon with the above links, a small portion goes to us at no cost to you.
Find Our Super Easy Recipes Channel here! / @supereasyrecipe
Easy Gluten Free Dairy Free Recipes Channel / @easyglutenfreerecipes
Our Website: www.livingonad...
Free e-Mail Newsletter: bit.ly/1LfQf4y
OUR FACEBOOK! / livingonadime
OUR PINTEREST! / livingonadime
Countdown Music by: LOPÉ / Minute by Minute / courtesy of www.epidemicsound.com
#frugallivingtips
#howtosavemoney
#frugality
#savingmoneytips
#personalfinance

[@LivingOnADime]

👍 25% Off NOW 👍❤ Quick and Easy Recipes! ❤ Dining On A Dime Cookbooks shop.livingonadime.com/ Get 25% Off our Print Version Price Books here shop.livingonadime.com/products/price-book Free Dining On A Dime Volume 1 (e-book version): Free with coupon code DINING1 : shop.livingonadime.com/products/dining-on-a-dime-ebook

[@PetraHanner]

It wouldn't be a stretch to assume that the leukaemia did impact this lady financially. I also think her house is probably worth a lot more than she thinks - sell up and downsize. Debt gone!

[@penelopeprimrose90]

It is also possible that her house is in a state of disrepair and the $200-250k range IS the inflated amount because of the area she lives in with the higher priced homes. I live in a neighborhood with $1 and 2 million dollar homes, all the way down to very run down $300k homes. That price is brought up because of the desirable neighborhood. I wouldn't even pay $300k for them, but investors come in and tear them down and build giant houses in their place.

[@caitlinross8601]

I find it rich for a man who used bankruptcy to escape millions of debt from poor investment decisions to tell an elderly lady to get a job.

[@sylsuthss]

George isn't Dave Ramsey, who also agreed George gave a bad response when he told the called to get a job. Please watch the actual video in full

[@peaceful525]

Dave Ramsey didn't tell her to get a job. Go watch the show.

[@caitlinross8601]

@@sylsuthss I haven’t watched it all the way through. I’m incredibly busy with a young family and honestly I can’t say that I will ever watch it because entire show is named after, organized and designed by Dave Ramsey who did verifiably file for bankruptcy after borrowing up to his eyeballs so I have a moral misalignment with that. It’s hard to take any advice telling people to buckle down and do the sacrifice to take responsibility for their mistakes and sometimes just life situations when he himself did not do that work and had discharged his debts leaving banks and companies holding that tab. It feels unauthentic to me.

[@dianenewton1008]

At 86 with health issues no one will hire her to help her situation now , her past doesn’t matter it’s over and done with. No way she should give up her pet and emotional support. She could go to get low income assistance for her pet .

[@Psalm23bytheSea]

If she had cancer that may have cost thousand in medical costs? She may not have been able to work for long periods??? At 86 she would be vulnerable with tenants and even renting. That could be unreliable as stable accommodation. Is there senior type accommodation options? Retirement home? Dog food can be cheap if you make it yourself, rice, vegetables meat scraps As a financial debt counsellor for years here in Australia we could negotiate a debt waiver for the credit cards based on her age. I think it's important not to make assumptions without more facts But I agree 👍

[@LostintheUS-2030]

Australians are more human than US Americans. We (US Americans) tend to think there's a one size fits all approach to everything, except for owning guns. Clearly, medical care isn't cheap in the US. 20 years of cancer treatment in the US will bankrupt most US Americans. Plus, I believe the 86-year-old was suffering from some Dementia. I know. As I cared for several Dementia patients.

[@lsu52frog]

I was a 25 year old single mom with 2 children Had to get out of an abusive marriage. I made minimum wage. I found a used 10x40 mobile home that I financed for 2 years at $70 dollars a month and paid $30 a month to park in a decent but bare bones mobile home park .I bought kids clothes at a thrift store .If a button was missing on a shirt they sold it for 25 cents. It was a church run thrift shop. Bought our bread at a day old bread store, and ate lots of eggs ,peanut butter, and bought leg and thigh quarters to stretch into lots of meals. Had no credit card and drove an old clunker. We had a roof over our heads and plenty food to eat, but it wasn't fancy. I also paid a lady $20 a week to watch my kids after school for a couple hours until I got off work .We didn't have luxuries, but all our needs were met. We lived strictly on what I earned with no help. It isn't easy, but it can be done. I even managed to get the kids birthday and Christmas presents.

[@robinsutton577]

You are an inspiration! Good job!

[@marykeen4462]

Absolutely, I did the same thing.

[@jaga6011]

It takes a lot of discipline to do what you did. Impressive!

[@kathybeal4408]

Lot rent for mobile home parks is around 700 - 900 a month now. Times have changed.

[@juliafayeconner594]

I am 80 and live on social security. We were foolish and spent everything from paycheck to paycheck and didn’t save anything for old age, but I live on less than $1200.00 a month and save some money every month.

[@dede.terrebonneterrebonne9914]

I am 81 years old o Lyon a SS income I own my own home No depts Andsave 500 dollars a month unless I have a house repair or other emergency. But I have always been money wise even when young I don’t have any government help I am a single widow But I am very careful with my money

[@christinewallace9251]

Inspiring!!

[@tammysikora4733]

Leukemia treatment is extremely expensive, so this most likely contributed to her situation. I agree with selling the house.

[@CookingwithCatLover0330]

Tawra, that is so true! We can go on the website and get every recipe for free. Through the years, you have given the books away for free: ebooks online or print books for "answer the questions" or whatever. I am so shocked at how much you give away... No, I'm not. You and your family are such good Christians. You want people to succussed. Thank you for all you do!

[@CountryFrau]

They helped me personally when I lost control of what I did and didn't receive from them when we were going through all kinds of things in a short period of time--including the death of my mother-in-law. I am always grateful to them for how they responded to me and for what they did. Believe me, they do a lot for a lot of people so I know, as Tawra would say "darned tootin' " well they don't know what in the heck I'm talking about now. They do a lot for a lot of people.

[@howdydo7320]

Sell the house & downsize to a 1 bedroom home (NOT RENT); pay cash. She can keep her dogs & her cost of living b w in her income. Rent will do nothing but rise.

[@ljcook8386]

On the bright side she must have done something right keeping a roof over her head for herself and child for all those years which is commendable and now has a house that now serves as a blessing to sell that will provide rent for her and her companion/family member/pet to have a home to live in. She may need some help navigating through this, its a humanity thing. With that said it is great to hear all the warnings about being calculating with life, expenses and the future. Thank you for all the shared information, getting it together best you can is a good thing

[@fredmeyer7163]

She can let the credit debt go. The worst thing that would happen is they put a lien against her house and it would be payed off when it’s sold after she passes. I know a lot a of people are chomping at the bit because they pay their debts and want to see people like her dwell in misery. She’s 86 no one is tied to her finances let her live the rest of her life peacefully. Idk why Ramsey privately told her to just take care of her 4 walls.

[@yvettesummers1339]

is she in debt because of medical bills which may be the case

[@ginabrown5093]

Not all pets are destructive, I was not able to have children. My small dogs are like children to me. I agree most renters as well as many homeowners do not take care of their property. That is why I wouldn't have rental property again if you paid me to. It is nothing but a headache but to put all pet owners in a basket is wrong.

[@heatherbauer5265]

I listened to the broadcast about the lady in question. The big thought I had is, "Why did she call in if she did not want to hear what they had to say?" She was not open to any suggestions. Really good show today!

[@bethanyg153]

If you die with a pile of CC debt, your lawyer can just send a letter telling them to shove off. They have no claim on the estate.

[@debisday1110]

Fairly sure this is not true. If she owns a home in her name only, creditors can collect from her estate. If the home were to go to her ex husband or other person, as joint tenant with rights of survivorship, then the joint tenant can tell the cc companies to shove off.

[@bethanyg153]

@@dinahsoar6982 our lawyer told my grandpa’s credit cards to go pound sand and my parents never had to deal with them again.

[@bethanyg153]

@@dinahsoar6982 of course they’ll take the money if people don’t know better.

[@karenfuller1930]

That lady can sell the house and down size her property! I would do it myself if I had anything to sell!

[@elizabethmcdermand]

Wow. People need to take responsibility for their actions.

[@penelopeprimrose90]

I find it interesting that she called into the show wanting to know what to do about her debt. It sounds like it bothers her and she wants to find a solution (even though she didn't like any of the suggestions given). I do think she has options others may not because she has a paid off home. Unfortunately, there are many senior citizens in her position for a variety of reasons. Many use credit cards to bridge the gap. When they die, they debt dies with them. I do think people should be responsible, but at her age and with cancer, she probably won't live too many more years. The past is the past and she just has to move forward. Stressing over it won't do any good at this point. For everyone else out there, I do think she should be used as a cautionary tale of what can happen if you don't plan for the future and live within your means. Old age, illness, retirement...it's coming for all of us. For those without family to lean on, the need to plan for the senior years is even more important.

[@situzen185]

Tawra and Mike, I'm probably drifting a little away from the main topic, but have you considered doing a show about reverse mortgages? We're not considering a reverse mortgage ourselves, but we would be interested in listening if for no other reason than being better informed when discussions come up in our large extended family. One sister got a reverse mortgage at the suggestion of her son.

[@Sher1965]

She has enough equity to not file bankruptcy.

[@lateshachurney5965]

Sorry had to leave this livestream early today. I will catch the replay later.

[@dozerp2131]

And how does she repay the home equity loan?

[@msx-m8r]

if she (or someone in this situation), uses their home as collateral via HELOC - they will take her home if loan defaults. Thank God her credit cards are UN-secured debt. They cannot take her home. Bankruptcy may not be an option as she has no income for recovery (which is a condition). It would do her well to speak to an Estate Planner in HER STATE, as laws are different. AND PRAY that GOD gives her direction.

[@KD-pz6rb]

The thing with pets that has gotten outta hand is all this specialty dog food sent to your home. Or toy boxes sent to your dog monthly. It’s not bad to just head to the meats at the store that are on the discount shelf and cook them up for your dog for a treat. Keep rest in the freezer. Strollers for dogs. Clothing for dogs. Smh.

[@storieswithgrandma1068]

That was my first take on this woman. The first thing I noticed is that she did not take any responsibility for her actions. And that's the first step to get out of it. All she did was make excuses.

[@rosebuddanielle967]

I had a babysitter that was at least 80 years old when I was a kid. I would go to her house after school until my parents came home from work. I called her Grandma and she became a part of our family. She was a very special person in my life. Even someone 86 years old could water the neighbors plants when they go on vacation or watch a middle grade school kid after school that shouldn't be home alone. Those are things that could earn some extra money for that lady. But I think Tawra's idea of selling her home and renting sounds like the best idea to give her financial security for the rest of her life.

[@haphazardgardener5586]

Excellent ideas❤

[@shellysjostrom2646]

My grandparents did this to. They loved the kids as much as they loved them. They also did laundry for people,did lawn work,and shopped for people .

[@susanwoywood6334]

People don't age the same!! She may or may not to work!!

[@tinaharvey2342]

What I need to know if her house is paid off what is her taxes and insurance and divide that by 12 mouths and what would her rent be then adding the lights gas and water that would be her total household expenses without food I just don't understand how she cannot make it on that kind of money unless it's the medication that's throwing her over because of the leukemia

[@wandatraver4285]

Sell the house, buy an RV. Move into an RV park. Everyone is doing that here in Florida and living off the sale of the house. Pay her debt first

[@susanwoywood6334]

That's bad advice for an old lady that has health problems and a dog, She also has to change propane for the stove and empty the septic. And an RV is bad for protection from storms and is full of fall risks.

[@CarmenMarie13]

If her house and car are paid off, what is she spending all of her money on?

[@ambersturgeon433]

So, pet lover here but on the dog, many rescues may be willing to donate food and supplies for her to just keep it rather than it going to an over crowded shelter, he may be her only companion. Lets have some sense here

[@kelwri9780]

86 year old could get a job as a pet sitter for extra income and even babysitting if she is physically able

[@teresamoore4126]

Baby sitter, really? She could have a medical episode at any moment.

[@dozerp2131]

Omg stop.

[@kelwri9780]

@@teresamoore4126 not every person is medically ill at that age. I have a neighbor who is 90 years old and in great shape. She babysits her great grandchildren. Takes care of 3 dogs. Not every body at any age is the same physically and mentally the same. That is why I said if she was physically able. Some people may need a babysitter for an hour or two. She could make 40 to 80 dollars an hour depending on the kids. Same with pet sitting. People go on vacation and just need someone to feed and care for a pet for a short time. You can make up too 200 dollars a day for it. Depending on the pet and care. I have a neighbor who always needs to have some watch her cats for 3 days and she pays 500 for that weekend. It depending on a person's ability that is good money for things it sounds like she already does.it is just an idea.

[@bernicemetoxen9094]

What if this a not a real person and wanted to rile ppl up.?. Nothing makes sense at all.

[@M.L.E.85]

Oh my, I was thinking the same thing! There's certainly are some Twisted people out there who enjoy stirring the pot. Having said that however, sadly it probably was true.

[@FrugalLife2024]

If she has no house payment, car payment or health insurance premiums, what is she paying that causes her not to be able to pay utilities and groceries out of the income she has without using credit cards

[@margaretbagur3553]

The help she truly needs is help finding a realtor and moving. And quit using having a child as a cop out. Your child is not to "blame" for your adult situations. If you live in a neighborhood with that costly of homes you are paying some high land taxes. Period.

[@purpletree8965]

Who ould rent to her with dogs

[@Shopgirl1]

David Ramsey update to the previous video that gave Better info to this woman

[@n.m.3981]

40 years of income could have been paycheck to paycheck to feed her child and pay bills. You can work hard without making a living wage and medical costs for cancer can tank any savings

[@freewaybaby]

Returning groceries to Costco??? Do grocery stores take groceries back for return? I hope not; I don’t want to buy groceries that someone else is taking home to whatever conditions they live in!

[@countryfrau8328]

My understanding is that they pitch them but get credit for it from the supplier.

[@MaryEavey-dc3sk]

I was thinking SELL THE HOUSE too. pay off the credit card and the profits could pay the rent. Remember, the house money is in addition to the social security money she is already receiving! So she has to pay rent. She doesnt have maintenance costs and the other expenses that go along with home ownership. she will probably have capital gains taxes, but even so, the extra money can go into a high interest account and work for her while she is paying her rent. Thing is, she is going to have to make choices and some sacrifices to make these changes . That is probably the sticking point.

[@LivingOnADime]

There's no capital gains on your primary home.

[@MaryEavey-dc3sk]

@@LivingOnADime that is good to know!

[@HeatherPaulineWeightloss]

@@LivingOnADime yep this particular situation she would be exempt but also there is a limit of 250,000 for single and 500,000 married

[@debisday1110]

In some situations, a reverse mortgage might be very helpful so the 84 year old with leukemia may want to look into that option.

[@LivingOnADime]

No reverse mortgage is 100% ALWAYS a scam!

[@missburr1228]

Those things are of the devil. M

[@Sher1965]

This is what we just did with my father's house to help get him out of debt. My father is in his 80's and has cancer. Now, my dad and stepmom live in a senior apartment complex with their small dog.

[@Kenya1984]

Smart!!!! Idk why it’s common sense too. Forget owning a house at that age when you can sell and live off it to sunset. Put it in high yield savings account. Stress free too to rent at that age.

[@lateshachurney5965]

Exactly. Good job!

[@dawnmorandin541]

I made your pizza dough recipe tonight for dinner, so easy and cheaper than take out. If the lady has no money where is she driving the car to? gas and insurance are not free, most shops now deliver food. Sell the house and move somewhere cheaper, maybe assisted living housing ? a retirement home would cost the same as renting , but she would have food included and no bills. all the associated costs of owning a home, ( property taxes, water, hydro, gas etc ) add up. Luckily we have already downsized and are mortgage free before we hit 65.

[@penelopeprimrose90]

Independent living can be affordable, it's the assisted living facilities that are outrageously expensive. The smallest room (tiny) for one person starts around $4000 per month and some things are an additional fee (like helping with medication). If someone has a paid off home they can sell, that will help. There are still healthcare expenses, personal expenses such as clothing, haircuts etc. People living on SS only won't be able to cover that.

[@Sher1965]

You should have seen my father's house when we were cleaning it out before it was sold. He had 4 kitchen tables throughout his house.

[@franzone70]

She should sell her house pay off her bills get rid of the dog and at her age she could move into income based senior housing!

[@andreatimmers1720]

Get rid of her dog? Jesus Christ

[@teresamoore4126]

​@@andreatimmers1720I know, did you see the comment where someone said they put 3 cats to sleep after divorce, talked like she just killed 3 fleas.

[@thenourway]

I am 34. I know my Dad and Mom (Divorced) will be in the same boat! Freaking sucks… And I’m not planning to give up my retirement for them…😢

[@victorian377]

My husband and I moved in with his parents who were on hospice and helped them with bills and took care of them … BUT …. they had to accept our help. This woman doesn’t truly want help. She just wants money .

[@Sher1965]

😂 Mike was warning us.

[@marychristensen4254]

Did you hear how feeble her tone was? She did not sound strong enough to navigate all these good suggestions

[@WW-qt9dw]

Where did this lady work? If she worked a minimum wage job? Most jobs during her time did not offer a pension/ 401k plan. Most people do not know how to invest for retirement .

[@MHayes7777]

I live in Tucson, we keep our air conditioner at 83 during the day and 80 at night during the summer. Its not gunna kill ya, its the high electric bill that kills me ;) I am debt free but still refuse to pay top dollar for electricity when you dont have to. 78 would be a luxury for us.

[@vivalou1496]

Your ridiculous. You have no decency for the elderly. How long do you think she is going to live? She has been ill will leukemia. I have only had pneumonia and it has kicked me hard so I can't imagine having that and the toll it takes on someone. To tell a old person to get rid of their pet which is their companion is cruel. To ask them to sell when you have no idea what kind of family she has is irresponsible. She has been living on her own this long for a reason. Maybe her family are vultures. If it was me I would say keep going in debt. Live as she likes to live because she is not going to go much past 100.

[@shannonscrazyhouse877]

Why not keep the dog but change the amount of money she’s spending on the dog I have 2 dogs I spend maybe 40$ a month on them there are ways to lower your bills try to cut on the light bill don’t drive as much to cut on gas call the different companies that your bills are through see if you can get them lower that’s not charging her house but ya I like the idea of selling the house and getting a cute little apartment or even a small house.

[@CountryFrau]

Yeah, if you are truly in financial trouble you have to do some combination of reducing the outgo and/or increasing the inflow. Sometimes people just want to whine or hope that someone swoops in and saves them....and sometimes it feels like a bizarre "I am poorer than you...." competition. I have two favorite mind experiments--one is what would happen to prices/services if none of us had credit cards and the other is what it would be like for prices/services/employment if there was no illegal immigration in our communities.

[@KD-pz6rb]

Junk! People think garage sale or thrift store is junk. What do people think is going to happen to their Target and Kohls stuff!? It’ll end up in a landfill or at a thrift store after they get bored with it by next season! And they paid full price for it. They don’t think about what they’re saying

[@randidean7424]

Y'all are so encouraging. God bless you and keep you. 🙏🏻🥰

[@JMadonna]

I adore my 11 year old dog, but her expenses are $100/month minimum for food, grooming, supplies, licensing and vaccines that I won’t be renewing when she passes the rainbow bridge.

[@KD-pz6rb]

I would keep the dog but you can cut everything but food/water. Toys can be limited to basics. Grooming isn’t every month. Vet is once a year for vaccines and your local humane society has reduced fees for these. I say this because with her maybe not having a great relationship with her daughter elderly get very lonely and a little companion can make a huge difference in mental health. My mom worked with elderly. She said it’s amazing how many do not get hugs or get to give hugs to others.

[@franzone70]

I was thinking the same thing! I had a friend that was divorced in her 70s,she was living on $800 a month on social security paying over half of that for rent. She also worked since she was 18. But always made bad money choices.

[@tinashaver2373]

Oh my gosh. I loved your thrift store yard sale video. I quit reading the comments on it because people were rude.

[@WhiteOwl6769]

What happen to the comments lol I was reading took a break and they are gone lol

[@elesha9041]

The comments are different during the live show once it ends they go away and record comments start

[@littleopie8761]

The way I see it, people think with emotionally thoughts and make thier decisions, instead of thinking rationally and making good decisions

[@ambersturgeon433]

Also, no one suggested she sell the home and move into elderly housing. Why does she need an asset when she can barely eat?

[@lynhead52]

It is not ok to pay rent if it is 2X amount of your mortgage. Buy a smaller less expensive house. She also could rent out some of the bedrooms in the house. There are lots of corners to cut.

[@Sher1965]

My dog costs $500 a year for yearly examination, updated shots, and one year supply of monthly preventative medication for fleas, etc.

[@penelopeprimrose90]

Wait until they start to get old and have unexpected health issues arise. One vet visit with tests and meds can cost that much!

[@Amanda-ev3lg]

vets way overcharge, scam on their ends. i have 3 cats i understand. im not in debt though. also they dont have food allergies so i feed them whatever is on sale, or homemade food.

[@annettekbooth]

Do you live in an area that heartworm treatment is necessary? In Jacksonville FL heartworm prevention is necessary.

[@CountryFrau]

My husband and I agree--if there is a big issue with our dog we will not spend money toward cancer treatments, organ failure, etc. We love our dog and he helps me by being my ears as I don't hear that well. I might raise the cut-off value for him if he were better at critter control but here in the country he doesn't even SEE the rabbits, etc. and he often doesn't even see DEER. So, I'm going deaf and he's going blind. Great.

[@deedeesmith3073]

I really enjoy the videos where you get thrift and garage sale stuff. The people complaining don’t understand thrifting or perhaps they are jealous. I have bought stuff at garage sales if cheap enough because I like ( example clothes ) and if they don’t work I redonate the my favorite charity. Even if I spend 5 dollars and get 2-3 pieces of quality clothes and donate 2-3 more that don’t work I think it’s a win! Same with Christmas and gardening and decorating stuff.

[@leilarhymeswithsheila1344]

🤣🤣🤣🤣🤣🤣🤣🤣 “What???!!! You go find another channel to watch?? Nooooo!!”

[@lindsaysimplified]

I was reading all the comments on the reaction video from Ramsey and I’m shocked at how many people were like “oh poor poor lady”. There was absolutely no personal responsibility for her actions or inaction. At all.

[@jimpickard3760]

I turned off the sound and watched the part at about 30 minutes where Tawra reacts to Mike saying he could just watch another youtube channel if he really didn't like one channel. The reaction is funny!

[@juliafayeconner594]

By the time you get to 86 if you own your own house then you have lots of upkeep and expenses for yard care; therefore renting will be a lot cheaper in the long run.

[@maryjanewill3056]

You think she just needs ideas, things aren't the same as 10 or 20 years ago little alone 50 or 60 years.

[@maryjanewill3056]

To mull around in her mind?

[@maryjanewill3056]

By the way we just revised our budget.

[@bronzeguard7455]

I've been listening to y'all and y'all are sickening. y'all act like this woman is stupid. One thing that y'all are missing is the fact that she paid off a house as single mom in 21 years. she is old, not stupid. The House is paid for people wake up. best thing that you said was she could sell her house and move into senior living. Better yet she could rent her empty bedrooms to nurses or airline stewardesses or teachers. either her daughter should orginize that or get a management company to handle that business for her. simple business. She is responsible to some extent because SHE PAID HER HOUSE OFF.

[@chrismartin5450]

Y’all sound uneducated

[@homeliving58]

i have to say i almost judged this video before watching you all as i listened to that show last week and my thoughts are ecxatly what you all are saying! thanks for sharing and speaking the truth!

[@debfletcherwins6488]

Rent goes up every year.

[@KD-pz6rb]

The 86 year old should contact you and Jill and speak with her. You can help her tremendously!! If she’d listen.

[@roxannern9393]

I pay all the bills, cards on the 1st of every month (some months the 2nd or 3rd or 4th due to holidays). I fill out electronic payments on the 23rd of each month to be paid the 1st - everything gets paid off on the 1st. I also pay a fixed amount each month on the electric and the water. For this reason, we are always ahead. When something comes up, we can stop those payments for 3-4 months without owing. I know, we could just put that money in an account but, if something happened to us (we travel together), those bills are paid ahead which gives the kids and Mom time to settle everything else without having utilities cut off --- you know when a loved one dies you are not thinking about bills right away...be prepared, be thoughtful. So, I just assume have the positive balance on the utility accounts than have it sitting in the bank earning $0.12/year (haha) these days. What works for you? Preparedness comes in many ways.

[@jeffwert5336]

Why don't some millionaires pay off the debt for her ?

[@mycupoverflows7811]

We have a million dollars. My husband works, we have 6 kids that I homeschool. We tithe to our church, support 3 missionary families, volunteer to feed underprivileged people in our area. Why would I want to pay for some random irresponsible woman's debt? Just curious what your reasoning is.

[@jeffwert5336]

@mycupoverflows7811 people with big money like some do help others out instead of keeping the money in the bank with little to no interest on it. Help others out

[@penelopeprimrose90]

It's not anyone's responsibility to pay someone else's debt. People shouldn't feel guilty for being smart with their money. We too got there through hard work and lots of sacrifice. We don't owe anyone anything just as no one owes us anything. Yes, we can be generous but feeling obligated, no.

[@christinewallace9251]

@@mycupoverflows7811I think he was joking. That’s the typically answer for certain politicians. Make the rich pay for it.

[@chrismartin5450]

How many houses have you paid off for others? There is always someone in a worse position than you. Do you pay that persons bills? Nevermind…we know the answer to that

[@laelajanedwidari6120]

The problem with credit cards is people use them as their own personal banks, forgetting they are a loan, and you have to pay loans back. Which is why when I had my credit card, I charged only when I had the amount in the bank, and I had a set limit I would spend even though my credit card had a $250 limit. My amount was $75 and lower. Because I followed what I said, I never had credit card debt.

[@pam9426]

Needs to do a reality check. At that age she probably will not change. She dug a hole and has not learned her lesson

[@Sher1965]

I only like using a credit card while out of town (aka In Big Cities) or traveling for protection. If you use a credit card, pay it off the very next month.

[@laurafarr2693]

I’m at the end of your video where you are replying to the commenter about honoring your father and mother and the woman who called into Dave’s show was willing to help her. So even if it is out of context, the daughter sounds like she is willing to do what the commenter thinks is right.

[@laurafarr2693]

Oh, you just said what I said lol

[@MelissaCampbell-lx2nj]

Thank you so much for the free ebook!!

[@storieswithgrandma1068]

George was being analytical!

[@ksewald91]

I found the video and watched it. The advice they gave was sound. Somehow, she has to find a way to improve her financial situation. Personally, at her age, lawn care, taxes, insurance, maintenance are all big expenses. I think she would be pleasantly surprised at what she could get for her home. My grandmother sold her home and got an apartment in a seniors complex with round the clock emergency help available, communal dining room and lots of activities. She had a small kitchenette for making her own food if she wanted too. A good financial plan to invest the sale from the house to supplement her SS.

[@kathyredmond6463]

People always make excuses

[@LarryMaloney-h9y]

I’d love to have a pet. Be it a dog or a cat, but right now, I simply cannot afford it right now! Priorities!! I need to focus on shoes for my kid, food on the table and a roof over our head! We don’t get everything we WANT…. It’s what we NEED right because things are tough right now! Yes I have credit card debt because of medical issues! My focus right now is to pay them off and get a nest egg! People are crybabies! Do what u have to do to get ahead!!

[@penelopeprimrose90]

You are smart to not get a pet that you know you cannot afford right now. People don't know the true cost of owning a dog until they have been through the outrageous vet bills. I know I didn't. All dogs get old and all of them will have things that come up in addition to the routine expenses like food. A single bout of bloody diarrhea turns into $300 worth of vet visit and meds. An older dog has issues like this every few months! I know firsthand. I think the animal shelters are at capacity right now due to people surrendering their pets because they can no longer afford them. It is sad.

[@greenlovingmom]

Wait a minute is that background fake? From your last house?

[@rosemarie3908]

shes 86 now and this advice actually sickened me she has health issues now and no one willl hire her. she needs to go to a senior assistance living apt based on her income. she can sell her house and take the extra $$$$ and live ok as for the dog. the dog is probably an emotional support animal she wont be Ble to get rid of the animal. she needs to sell the house. and go into a senior apt based on her income

[@CindyBooth-xd6pq]

If your only income is social security it's protected income so let just say she get 1200 a month on ss 2400 is protected by her bank stop paying the credit card bills if they sue and get a judgment they can't collect her money is protected need to listen to Eric Olson from helps nonprofit law firm

[@tonyawalker8671]

1. I don’t know why Dave needed to cuss. There’s a way to express yourself without. 2. Both Dave and George did actually suggest selling her house. 3. But yes, she should sell the house. That would take care of everything including the dog if she wanted to keep her companion when she’s likely near the end of her life.

[@msx-m8r]

Tawra's advice to sell & rent is sound. If this woman (or someone in this situation), uses their home as collateral via HELOC (thus SECURING the debt with your home - and risking the home) - they WILL take her home if loan defaults. Thank God her credit cards are UN-secured debt. They cannot take her home. Bankruptcy may not be an option as she has no income for recovery (which is a condition). It would do her well to speak to a well-referred & trusted Estate Planner in HER STATE, as laws are different. AND PRAY that GOD gives her direction.

[@pollystemen7219]

Hi. First,I love listening to you all. The problem with giving advice is you don’t know enough detail. 🧐How many people become parents at 19 and are then done 18 yrs later? It’s entirely possible to have your last child 18 yrs after your first,not likely, 🤗but possible. And not impossible that you at least have more than one. On another tack maybe this is the month the dog got his yearly vaccine,$10 for rabies ,$99 for everything,it’s a good idea.I can’t recommend rehoming a pet though unless you have to. You make a commitment to an animal when you take them in. Its not a child! But it is a commitment you should honor if at all possible. However,I suspect something is up with this lady 🧐even if she can’t recognize it. Personality differences? Maybe the daughters a drug addict?🫣 Maybe moms a narcissist?🤨 Selling the house sounds like a good option to me if she can’t wake up and see what needs to be cut!

[@pattitrammel4871]

Thanks so much for your offer of the free ebook! My hubby and I are retired now and we still do our best to be frugal. May God continue to bless you in your efforts to teach others to do well with their resources!

[@tinastone2458]

I agree with everything you said about the elderly lady. She has spent her whole life making a series of high consequential bad decisions and does not seem to own her own responsibility in it. She will probably die owing money that will never get paid. It’s people like that who cause people like us (who pay their bills) to pay higher prices on EVERYTHING ELSE! Including insurance. And all these people wanting someone else to pay her bills are socialists wether they realize it or not.

[@annettekbooth]

Real estate and rent in Jacksonville Florida is outrageous. Unless your house is updated you can not get top dollar for your house. Rent is $1200/month. I know my cousin had to move last year and it took months to find something she could afford. The statement about being a single Mom at 19 might have been referring having a lower income job. Reference of years in between could have been when she was building equity to purchase house, don’t know if she was low income earner. Another thought on statement about being single Mom at 19, she could be depressed and feel alone. Sometimes you need someone to sit down and show you how to budget and walk you through it. It sounds like there are a lot of information you don’t have and you are assuming a lot. Dog as example could be her only companion and it could have medical needs. My dog has had special dietary needs which aren’t cheap and he is my companion. You haven’t addressed the tax implications of selling her house too.

[@kaylabrock3285]

I just truly believe George was a bit stern to get her to back up and choose one of the many other solutions they offered. When all options are on the table - go back to work, get rid of your dog, move in with your daughter, sell your house - it helps her think of them from best to worst instead of being able to refuse them one at a time. Like, “I’ll be the bad guy if it helps you make a better decision for your life” What he said was audacious but it’s also exactly what she needed to hear. I was also interested in if the daughter would inherit the house - if she wants the house she needs to supplement her mother’s income, if she doesn’t care then the mother can sell and go rent like Tawra said. I was EXTREMELY disappointed they didn’t say this Tawra and it worries me that there is a little bit of a spirit of worshipping money if you want some elderly woman to be barely scraping by in order to retain a valuable asset over selling and living comfortably until you die

[@aviewer9516]

Rent would not remain stable at that price if it keeps going up as it has for the last decade. Who knows in the future? Rents could go up 30% year over year - but regardless it is another option to consider if she can sign a long term lease - but still not a guarantee. If I were in her situation, I would rehome the dog, get a lower cost pet for companionship; consider renting out a room (yes it is a good option regardless of the chance for squatters); or sell and purchase a less expensive place and live off the profit.

[@Thymeforlife]

My Aunt bought a really nice mobile home in Florida. She could sell that house and buy a nice mobile home, pay off debt, keep the dog and car!

[@daffodilyellow]

Something tells me if someone bankrolled her the $200 a month, at some point, the $200 a month won't be enough..

[@ChrisIsTasha]

Most food is transported in trailers that is not temperature controlled. Like a car, a sealed trailer will be hotter than than ambient temperature outside. 78° is definitely not a problem for food storage. 😂

[@rosemarie3908]

60 yrs ago women eere paid way less than men back then. and women didnt have the opportunities like they do now. she might have worked lots of low paying labor jobs i was a single mother with no child support too. and no child support either from my daughters father. and inliterally worked 3 jobs. and still could only afford low rent bad areas to live. i couldnt live with family either. it wasnt until inwas older and had lots of job experience working in call centers that i could earn a decent living. this woman should sell her house pay her cc debt. and go live in a senior apt. some r really nice too. but to tell someone that age to get a job? well. it would be super hard for her to do that not many places will hire someone that old. personally i think that comment was cold and insensitive. and how she lived or what she did with her money yrs ago well maybe she didnt or couldnt save alot again she needs to sell her house pay off her bills and move to a senior apt. and def not give her daughter any of the money she makes from the sale of the home. save it for the few urs she has left on this earth. just my opinion

[@donnalovintexas8760]

I think some people are full of themselves when they leave a channel. But I think some people give criticism so maybe the host will think about why they are loosing people in case they can change one thing to keep subscribers. I leave channels for a while that get on my nerves. I may go back months later or just stay gone. Life is short.

[@francescooper3578]

People don’t realize that social services won’t help if you own a house and car. You would have to sell them and use all that money up, only a couple thousand dollars left in the bank and be very low income.