Dave, I've Been Dumb! (I Co-Signed On My Ex-Wife's House)

[@SpoonHurler]

Sometimes the kindest thing we can do is to let someone struggle at the deep end and let them figure it out.

[@bee12355]

Exactly

[@MikeWalksWithJesus]

Especially when they do it to themselves.

[@mercedeswilkins9085]

Yes this is why is said it’s the help That I didn’t get and do that help me the most.

[@sasukesuite1]

Moral of the story: don’t co-sign anything for anybody unless you are willing to pay for the entire thing by yourself.

[@RoyalMasterpiece]

Big Facts.

[@terrancewatson7915]

@@RoyalMasterpiece amen

[@bee12355]

Sounds about right

[@chocolateangel8743]

He did what he thought would be best for his kids -- and I think he would probably do it, again -- unless he sat down with his ex and they came up with a better solution.

[@jonsmith9728]

almost always yes..... but when its your own kids, that's gonna be each individuals decision and what it is

[@Astro95Media]

This is when I would've said "If you can't afford a home, the kids need to live with me."

[@lizamarie3472]

Maybe he’d rather co-sign than have the kids live with him?

[@achavez78]

But the family court said otherwise

[@shachede6828]

Depends on who has custody.

[@terriesmith2616]

The courts award custody of the kids to the mother 98% of the time, so I doubt the kids can stay with him. The courts would tell him no.

[@cryptkeeper5027]

Seems to me she got to get rid of him but kept his money in the form of alimony.

[@genxx2724]

Ugh, what’s the point of getting divorced if you’re going to have your finances entangled? If she was so concerned about having a nice house to raise the kids in, she should’ve stayed married. Great advice from Dave. Good call.

[@RobTzu]

Probably still love her and want to support the kids is the lie he tells himself.

[@Weakeyedominant]

Sounds like she milked him in marriage and in divorce, this guy just bent over and took it. I bet she sleeps like a baby knowing she owes the IRS 100k when her ex husband has a net worth of 1.6m and needs to bail her out.

[@macneoh7418]

Men really need to wake up.

[@Ovulations]

He probably left her tbh

[@HoodedStalker]

@@Ovulations women file for 80% of divorces, so probability says otherwise

[@thegenxgamerr]

Great call, all young men out there. Listen to it a couple of times. The system will expect you to do stuff like this. You heard Rachel said “just trying to be a good dad“ cosigning a mortgage with your ex-wife that can’t pay it is not being a good dad it’s being a dumb man. Don’t do it.

[@adamseidel9780]

She wasn’t saying it was smart; she was just saying at least his idiotic decision came from a place of love.

[@trainsandlocomotives]

A mess

[@chrisgast]

She said "trying". She didn't imply that it was successful.

[@jimroscovius]

That was one of the stupidest things EVER!! You NEVER cosign for anyone!!

[@bee12355]

Morale of the story - do not co-sign anything for anyone.

[@Fourstar97]

I’m noticing a lot of female friends of mine are worried about their lives once child support runs out. I feel like we’re coming to another pandemic, women who didn’t prepare for this to happen.

[@noahzero9380]

So they’re abusing the child support smh

[@someoneelse6934]

tell them it's time for them to get a job... or three. problem solved.

[@benjaminhough8804]

You don't want to be married, but you wanna buy a house together? I completely don't understand.

[@TheHoriginal]

For the sake of the kids so they have a nice place to live

[@kayn2756]

He probably felt guilty for leaving her for his secretary. Guilt makes you do dumb favors

[@mercedeswilkins9085]

@@TheHoriginalppl need to stop doing stuff especially dumb stuff for kids

[@hornetguy9063]

The instant this woman asked for him to co-sign a mortgage, he should’ve countered with an offer to head down to the courthouse and ask the judge to transfer primary custody of the kids to him.

[@carlosmiro4932]

And them NOT co-sign.

[@georgewagner7787]

Then?

[@kayn2756]

He probably didn't want primary custody. He had a new hot girlfriend 😍 😳 😏

[@hornetguy9063]

@@kayn2756 could be true

[@gent2205]

@kay N kind of a weird assumption.

[@markvb5592]

I love when Dave and Rachel are on😁

[@linuxsurfer2002]

Dynamic Duo!

[@jackhutchinson7659]

Anybody else go through spells of binging Ramsey videos ?

[@chivosadventures8171]

Yes sir that would be me.

[@deanmccormick8070]

Indeed I have. Until I got a good handle on how the baby steps worked together.

[@ruthirwin8222]

Yep

[@KillstormSH]

No. You are the only person on the planet that does that. Nobody else does it.

[@masonspencer4576]

Hi

[@tonyahenry4167]

I owed the IRS $89 I forgot and 30 days I later got a letter for $150 they are savages

[@trainsandlocomotives]

Yup

[@linuxsurfer2002]

The IRS has nearly unlimited power to go after you.

[@catherinewilke5583]

They act like their “rules” matter, but they don’t. I wasn’t allowed to file my taxes the last year of my separation. Because my ex stamped his feet and got the lawyers to agree we would wait until after the decree. In the mean time, one of my grown kids lied on her taxes and claimed head of household when I was supporting her . iRS was like oh well she lied and we accepted it so you owe us. Horrible system.

[@crossfitruston3632]

I elected to automatically pay my state taxes in Louisiana- set up the EFT and gave the LA dept of revenue permission to pull the taxes whenever they wanted. They pulled them in full from my acct 2 days prior to filing deadline. 6 months later I received a letter saying that I “didn’t pay on time” with 32% interest and penalty fees added by the Dept of revenue. I called and asked why… the agent told me (and I quote) “well, early is not on time, so it will be easier to just pay the fee and move on otherwise we will have to open an investigation and continue to accumulate fees and interest”. In any other scenario this would be fraud and extortion but since it’s the completely immoral and unaccountable govt employees involved, no justice will be done. Thank God it was only around $1500 all in, but it just felt evil. The government has become evil.

[@tonyahenry4167]

@@crossfitruston3632 even if you do right they penalize you

[@matthartley2471]

Dude called from Kansas city where he could sell the house to buy a good house for 300k, give 150k to the irs, and still have 50k for the ex wife. How on earth does she live in an 850k house?

[@cherrypieforbreakfast1499]

That's some great advice Dave gave. 10k to 20k is a cheap stupid tax given the situation.

[@linuxsurfer2002]

Hopefully the ex agrees to it.

[@dougholdem2898]

Great advice! Just don't write the check until she agrees and house is sold.

[@impoortan]

You caller "Mark" so lucky that Sir Dave got to answer your question not his minions✌️. That's hella of answer. Well done Sir Dave💯👏

[@tristanrodenhauser5267]

This is Kanas City, sell the house and get something more reasonable for her situation The kids will be okay with a move.

[@linuxsurfer2002]

He has to get her to agree to sell though.

[@untouchable360x]

Once a simp. Always a simp.

[@lizh4933]

simping, whimping.................

[@felipeoliveira2219]

Its crazy how she laughs about it in a meaningful way

[@RJRussoVids]

There’s no tax more painful for men than simp tax. 💁‍♂️

[@PInk77W1]

If it gets rid of Karen, so worth it

[@formula112967]

@@PInk77W1 If you never married Karen, you wouldn't have to be a simp......does that make sense?

[@PInk77W1]

@@formula112967 if your mom and dad hadn’t married, u wouldn’t exist. Does that make sense ?

[@szvetlana1000]

Talk to a mortgage advisor. There are new rules and it’s easier to get yourself off a loan as a co-signer now.

[@Fishouta]

Like how?

[@georgewagner7787]

What About in ny? Does it cost anything?

[@amandadean3948]

I refuse to bash this guy. He was thinking of his kids and trying to do the right thing. Hopefully his ex will listen and sale the house like Dave advised!

[@macneoh7418]

He is a fool and if the mother can't afford the kids, then she shouldn't have custody. He's teaching his children how to be a simp.

[@linuxsurfer2002]

He was thinking of the kids, but he forgot one of the cardinal rules of debt - never co-sign anything for anybody.

[@cjhoward409]

He should’ve filed for full custody then. Simple as that

[@Jakeakatheone]

​@@cjhoward409he probably thought it was a lost cause she will 90% get the kids and he also losing money for court costs and probably both lawyers

[@iamkesha.]

This caller is a good man and dad who thought he was doing a good thing for his kids. Bless his heart. Good luck. She better not have another man in that house.

[@PInk77W1]

100% she does have another man

[@terriesmith2616]

$10 says she has another man in the house.

[@cryptkeeper5027]

I'll bet she does.

[@kathleenphillips7145]

I never received any child support but bought my own house while fully supporting my two children to adulthood. As a single mom, I don’t understand anyone who does not pay their own way. Responsibility for one’s own actions is a requirement. That way we have no one to blame but ourselves.

[@formula112967]

They always have another man in the house....I am not saying that OJ should have done it, but.........

[@jeremyhicks2449]

Good luck trying to get her to sell something she doesn't have any responsibility for.

[@PInk77W1]

It gets the IRS off Her back. But I think you’re right

[@linuxsurfer2002]

She owes the IRS, plus she owes the mortgage, right?

[@PInk77W1]

@@linuxsurfer2002 the mortgage has Tons of equity

[@linuxsurfer2002]

@@PInk77W1 Yes, but that only helps if she sells the house. I'm saying her debts are good reason to sell the house.

[@PInk77W1]

@@linuxsurfer2002 you are using reason. I don’t think girls use reason

[@terriesmith2616]

Simpin` ain't cheap. This guy has to pay stupid Simp tax. Lessons learned.

[@itchyisvegeta]

You know when the title of the video makes you laugh out loud, that it's going to be good

[@jonquindiagan682]

Great entertainment Dave!

[@terrybumpass4799]

This man is still in love with his past. I wish him the best.

[@italoddd]

Go save your ex, hero!..Save the day! She will survive... you may not

[@brandonluckman1816]

I feel better about my divorce now. Thanks Mark!

[@georgewagner7787]

Lol

[@Elizabeth-yg2mg]

The guy who used to do my house repairs had a history of cosigning loans for friends. Every so often someone would quit making their payments and he'd have to start paying off the loan of someone he often didn't even know anymore.

[@fauxbro1983]

That kitty must be too good to step away from

[@msuspartan2016]

😂

[@cherrypieforbreakfast1499]

Probably was at one point.

[@reesercliff]

Then kids ruined it.

[@thelogicaldanger]

For anyone else who find themselves in the callers situation and wants to help because of the children.....what he should have done is buy the house outright, then charge his wife rent. I'd assume he could deduct the rent from his child support payments, but if not, then even if she neglected to pay rent, at least he is only out the rent, and not out the entire house.

[@stephanienguyen6992]

Don't ever Co-Sign as you don't want to get into HOLE (court) or deep dump (mess up your life).

[@chrisgast]

No. Just no. If I had an ex with this problem, I would take the kids full time until she gets her business in order. Never would I cosign a mortgage with her, especially if she's an ex. She's an ex for a reason. If she gets foreclosed on, then she gets foreclosed on. At least I'll give the kids a place to stay for the moment until she fixes her own problems or the kids age out, whichever comes first. This is assuming I got divorced in the first place.

[@pawelwisniewski6849]

He will sign on the second house as well …. Violin is still playing 😂

[@EdwinRodriguez-ql7fg]

definition of beta male LOOOOL

[@jyates1396]

Paid off 16000 car by selling it. Bought a 2000 dollar lemon Put 2000 Into it Now payment free.

[@unfairsanic5089]

Smart

[@PInk77W1]

Smart.

[@9liveslisa]

Make sure she lives up to her part of the bargain. I wouldn't trust her.

[@linuxsurfer2002]

She's not trustworthy, for sure. Everything needs to be part of a court order and/or contract from this point on.

[@cg3868]

hahaha. we've found the top simp.

[@rnman99]

The only thing I'd sign for my ex is an arrest warrant

[@rossmcgreg6r642]

I like Rachel being on the program with Dave. The other presenters just parrot what Dave says but Rachel is not afraid to gently call him out when he says stupid ( inappropriate ) things.

[@jessem4659]

Dr John is great as well. He's the best at balancing dave with a completely different perspective. He's the only personality where Dave learns something from them.

[@kelliconlan8133]

What Dave said at the end my parents have done with my siblings and nephew!! And no matter what I say to explain this to them they just don't get it. This stuff is REAL!!

[@devonhill7394]

It’s cheaper to keep her… Or She trapped him with a baby.

[@ruthirwin8222]

When dave says woooow ..you know its bad

[@L.O.R.DRecords]

The way, Rachel smiles, while listening to this man’s story is sick😂🤣

[@djpuplex]

She got this guy coming and going. Don't marry, don't cohabitate. No accountability.

[@trachito]

Yup! I learned this the hard way. Got divorced 19 years ago, recovered my losses, and haven't cohabitated nor remarried since.

[@dustinwalker9932]

Not huge on marriage myself I don't ever envision myself getting married, too much risk on my part, but cohabitate? If my girlfriend lives with me I don't see too much of a problem or risk IDK maybe I'm wrong.

[@Jim_Curtis]

Only Dave simp Ramsey advises men to pay stupid taxes to women in a case like this. No, he should play hardball and go for full custody in court and get the family court to remove her off the home with a court order. The lender can remove her off title with a court order.

[@georgewagner7787]

Don't cohabitate. It's unfair. And someone has to marry and have kids or there won't be any.

[@AmandaHugenkiss2915]

@@Jim_Curtis good idea, should be easy to demonstrate irresponsibility on her part and she's in danger of being on the street with the kids. But what will probably happen is they will order him to pay her debt and then they will charge fees.

[@queen.kristal8395]

He did a dumb mistake I would have just paid more child support instead of co-signing also this lady doesn’t sound responsible enough to handle finances nor take care of kids.I would give custody to the father

[@socku5850]

Getting married is a bad ROI 50 percent of the time. Men lose most of the time in divorce. In the first seven years of marriage . 50 percent of marriage end in divorce. Why are parents not telling the kids about this.

[@itsmikac8777]

Never mess with the IRS ever!!

[@cherylbroadenax1006]

In three yrs the irs interest will eat up her equity. Sell now and rent.

[@brianpitsilides5337]

This whole situation is a product of no-fault divorce. If you’re spouse is good enough to co-parent with, they are good enough to stay married to.

[@alrbredwall]

That's right!

[@Dark_Souls_3]

Well that’s kinda making a molehill out of a mountain, isn’t it?

[@James-Lifts]

Lol

[@janelleg597]

Your

[@roshunepp]

It's easier to get along with someone that you can just turn off.

[@mandod3409]

If you are on child support then there is no room for any type of sympathy from my part, even if you are the mother of my children. The fact that you had to put me on child support rather than us working it out tells me everything I need to know.

[@BusArch42]

On child support does not mean he wasn’t voluntarily paying. One of my friends had money straight from his check to his ex. His lawyer even suggested it. It just means it was part of the divorce process

[@dc76384]

Awful lot of house...850!!

[@cocacolalada]

Time to talk to a lawyer

[@Mr.LetMeCook]

It’s crazy get out of debt and if you don’t listen you are trapped in this mess and cannot get out of this mess and she doesn’t pay her bills is crazy

[@alrbredwall]

No fault divorce and the courts are responsible for this. A woman should not be getting any kind of custody right if they can't afford to pay their bills. Only a simp co signs for a house that his ex wife is going to get smashed in while getting child support payments.

[@PInk77W1]

The world b crazy

[@kevinrehberg8758]

He will make an offer and she will try to "up" the buy off amount....

[@Jim_Curtis]

The guy should file for immediate custody of the kids because she can't pay her taxes. She's not taxed on the money she gets from him.

[@eos_2366]

Why would he? He’s a good father, he obviously wants his kids to see their mother as well.

[@Jim_Curtis]

@@eos_2366 Him getting full custody does not mean she is denied visitation rights to see the kids. But she obviously cannot manage money well enough to provide the kids a stable home. She's wasting money on other things because he's providing enough.

[@aaronmurphy8796]

It amuses me How many of these people don’t even ask a question . Separately we know exactly why he signed for her . spending to much time over there “hanging out “ after the break up .

[@elizabethdazell4426]

Make sure you have a home with room for your kids.

[@skibum6422]

I wouldn't co-sign on a bird house for my ex wife.

[@janeoleary8454]

Hilarious

[@Joshmarmolejo_]

I love the slight pause at 1:03

[@debijohns4718]

A divorce can leave it for her to pay all if you leave her the house. Just pay child support. Give her the house that she has to continue paying making payments. She has to work. Family Court Revision.

[@Fishouta]

Sounds like this home purchase occurred after the divorce, not during the marriage.

[@genxx2724]

You didn’t listen to the call.

[@gent2205]

Why are the kids with the parent that can't support them?

[@tylerjames482]

0:29 Her face says it all 😂

[@lav7161]

Rachel's reaction after the question at 2:53 👀

[@JasonGroom]

He is financially able to take care of his kids. He needs to offer to stop the child support, help her sell the house, and give her $20k to do it. His other option is to push the IRS to sell the property, but that can be difficult.

[@cjhoward409]

When my son got divorced, the judge said they needed to sell their home that they bought together and then each buy or rent separately what they can each afford separate from each other.

[@Strugglin.on.YouTube]

😂 “Oh boy… I’ve heard this before…”

[@laladesy7352]

Never ever co sign ever

[@MarkTrueblood]

Ramsey correctly labels this as a dumb decision but then goes apoplectic hysterical when married couples say they want to keep separate finances.

[@mightyminifarm]

Which is very good advice.

[@Letnothinggotowaste]

He could have suggested he take custody of the children instead of being a simp.

[@disco4535]

The fact that the children are living with that out of control lunatic just goes to show how comically stupid our courts are

[@katiejon17]

This. I’m a wife and mother - children should be with the better parent, if being with both doesn’t work out.

[@John3.36]

You only know one side of the story.

[@genxx2724]

He’s probably busy at work all the time and couldn’t take care of the kids day-to-day.

[@annea6288]

My dad warned me about co- signing since I was 6 years old. Best advice ever!!! Co- signing becomes a debt trap

[@billyrock8305]

Great to finally have Superdave back at the helm. Like Captain Kirk back to the enterprise. 🚀 Stop interrupting and let the caller speak! 😡

[@fathead3381]

Dave was surprisingly very nice to him

[@WordDefinition]

If you see poop on the floor, and you see a sign says don’t step on it 😂 and u read the sign you still stepped on it 😂 u must be a simp

[@anushrajapaksha5098]

My question is why are the kids living with the mom when the dad is more financially stable and suited as the best provider for the children .

[@carryonjeeves]

My thoughts,too.And that may explain his choices, motivated from guilt. There may have been infidelity on his part.

[@Chromewarrior]

Family courts are not finance people; mom gets the kids 90% of the time… they make sure dad covers any shortfall.

[@clarity2974]

A lot of men don't want that full time responsibility.

[@alkelenson648]

My first car my dad cosigned and I made all payments. Glad it wasn't bought for me- but this guy's in a different situation.

[@michaelgerhardt7130]

Just make sure you don’t pay her until the house is closed.

[@johnhakes20]

Can the property be sold if there’s a lien imposed by the IRS? Good luck getting a title company to pick up that phone call…

[@Winnie-Kay]

Hahaha 😂 KGB I mean the IRS 💀

[@fhuber7507]

He has 1.6 M.... Buy the house from her, she can rent it back (at the rate of replacing child support is ideal) after paying IRS. Lease ends when kids age out of child support. Then he can sell it. Cleanest way out.

[@sopascat7]

Great idea.

[@jimmymcgill6778]

Why? She's your ex.

[@catherinep2034]

Dave left something out in his advice, get the offer in writing by a lawyer, otherwise it's just a verbal agreement.

[@kimberlygriffin6136]

This is Tough! 😢

[@HighCountryRambler]

He must have a good attorney to be sitting on $1.2 M, and his EX-wife can't afford to qualify for a mortgage, or good pre-nup. Or she throws money away faster than she gets it.

[@robertthompson5908]

As with many of these Dave Ramsey calls , there must be more to the story that we don’t know. What could possibly explain such an illogical action as co-signing a mortgage with your ex-wife?

[@laurendearnley9595]

Most men are decent and will sacrifice their own happiness to make their families, especially their children, happy. Some men are also stupid and naive and gullible. He's in the overlap.

[@trachito]

@@laurendearnley9595 I admit, I was that guy. I wised up.

[@georgewagner7787]

Maybe he felt guilty

[@robertthompson5908]

That’s my guess.

[@Elizabeth-yg2mg]

He's a softie and wanted the kids to live in a nice house. Would have been better if he'd bought the house, she made payments to him and he could later transfer house to her if she'd kept up. I hope he doesn't help her again. They're divorced after all.

[@Ja50nkAt]

Men complicate their lives then try to justify why they did, sad story of man.

[@linuxsurfer2002]

Sure, but life is just more complicated when you add in women and children.

[@404TRUCKERTV]

I just readed the title............🤣😂😆👏👏👏

[@bettysmith4527]

This caller is so cute and funny!

[@MichaelDruck]

Mom can get an apt not every family needs a house with a mortgage they can't afford to raise a family.

[@harrypits7824]

850 for the house. That must have been some violin playing

[@genglandoh]

I would add do not give gifts that have ongoing expenses or responsibilities. A simple example is buying your parents a dog. The ongoing expense and responsibility may be more then you parents can handle.

[@unusyousuf9506]

Can't think of more of a simp move than signing a mortgage with an ex

[@djpuplex]

Giga simp move

[@dominiquejones6758]

He still love her and so he did something dumb and will probably still help her

[@MartianAmbassador69]

that must be Dave's favorite shirt, because it's the only one i ever see him in

[@jasonleatherwood2172]

Must have been some tight stuff to sign ur life away

[@sopascat7]

Do what Dave says, or, talk to a Tax Attorney (and regular attorney), to see what the options are…The irresponsible Ex should be grateful she got another chance to buy HERSELF a new home, but in HER name ONLY!