Emily / Mary
Appearances
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Yeah. And I think that that makes a lot of sense. I think that's kind of what I was kind of sitting on, but I was really debating because like, I feel sorry for him. because of the situation that he put himself in.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
And that's what I'm struggling with. Like, he did it to himself, but I can help sometimes, but I don't want to help all the time. Like you said, I don't want this to be a long-term thing because, as he so nicely put, he did opt out.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
So it is kind of like this struggle, which, again, is why I have to be speaking with OTV today because it's just such an internal struggle for me.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Uh, hi, it's going good. Um, so we moved to Dallas, Texas, um, last summer. My husband's work relocated us here. Um, there was no way out of it. He tried to find another job in California and was unsuccessful. And so now we're here, we're in the Frisco, um, Texas area. Um, I'm just wondering if this is, if this was a good move because it's, the houses are expensive here. It just seems,
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Expensive, and we're currently renting right now, and we rented our house in California, and we have some savings, but the houses are just expensive.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Well, I'm trying to like it. My husband likes it. He likes Texas. So what is it that you don't like about it? Well, my family's all in California. And then just the prices are here. They're in the $600,000, $700,000.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
No. So our plan was to just keep that as an investment. So we owe about $289,000 and the house is worth about $620,000. Okay. And we're renting it out. We don't make very much. We come up making about maybe $300 every month. But we just wanted to keep it as a rental property. And we do have about $294,000 in a high yield interest account right now.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I'm in about $40,000 in our checking and savings. So I don't know if you just pay off the house in California or use that for a down payment.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I missed my job back in California.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I was making a little bit more over there too than I am here.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Okay. So my husband's job, the headquarters is moving to Dallas, Texas. And, um, He kept telling me, you know, it's going to be great over there. You know, you'll be able to, I'm a nurse practitioner, so you're going to be able to get a job. You know, we'll be able to rent this house in California and it'll be our investment property and then we can buy something else over there. It'll be good.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
It was, you know, this big old dream.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Right. Yeah, because he didn't lose his job. He has his job. And he's still loving his job. No, he doesn't like his job. He doesn't. The job market right now is so bad that he's having a hard time trying to find something else.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I can't complain. Well, I can, but it does no good.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Okay, so my question is, my husband and I, we were in the process of buying a home. Found out we can't do that. We let our apartment go so we could save up for clothes and cloths. And now we are, I guess, technically homeless. How can we... Wait, why can't you buy a house? Yeah. Or get another apartment. Right. Well, he had an eviction last... From a few years ago.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
We let our apartment go, which is, I guess, technically, according to the courts in Florida, like an eviction.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
We broke the lease because the lender that we were working with completely assured us that there was no problems. We were going to be in our home in 30 days. Just make sure you have the closing costs. We had the down payment covered.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Like you have to pay the lease out. They actually were very, very good about like...
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Right. Well, we explained the situation that we were in, that we, you know, we weren't going to pay the rent for the last month. And they said, okay, as long as you're out by a certain date, it'll be fine. So.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
It was, like, right at the end of COVID. Okay. So his income wasn't... It couldn't afford the apartment, right? Right. He couldn't afford the apartment. He had qualified for rental assistance, but the place that we were living in just refused to take it. So they were just like, all right, you guys got to go.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I don't want that pattern either. And I, um, you know, I am a stay at home mom and he's the, we only have one income. So, um,
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
No, there isn't. I mean, you know, the lender that we were working with, We asked all these questions. Is there going to be a problem? Can you assure that we are going to get into this house? Because otherwise, we weren't going to do what we did. And she was like, no, no, no, everything is fine. On my end, everything is fine. And then, you know, it wasn't.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Hi, I'm so blessed to be speaking with you guys today. I've been kind of struggling with this question. It's more of a family matter than mine personally, but I'm really looking to get your insight on it. So we had estranged family members for like the last 15 years that recently reached out within the last two weeks.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
because one of them passed away and the other needs financial support, but they're not explicitly looking for it. So basically what it looks like is the relation to me is that my grandmother passed away and my uncle had been living with my grandmother, and it was just the two of them for the last period of time, and my uncle basically had no job.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
So they were living off of her social security and her life insurance that we found after she passed, and essentially there's nothing left. And he's dropping hints to us as the family saying, well, I don't know how I'm going to like make these payments. I don't know like where my grocery bills are coming from.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
He's not explicitly asking for things, but it's the way that he's phrasing things that is making us concerned that he's looking to us to be his savior.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
Well, he's, He says that he can get a job. He's not sure that he's going to be working because he does have a health condition that is prohibiting him. I'm not exactly sure. I don't know all of the details on exactly what it is. I personally don't even believe that it is a health condition. I think he's just trying to use it as a guilt trip. Exactly. But that's my personal view on that.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I don't have the facts. You're probably right.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
It's a moral issue. I always want to try and be the best that you can be. I can see this person's in need. help because they were honestly just poor planners. They put themselves in this position, and I get that, but I'm also kind of like the person that's like, well, I do have a little bit that I could contribute towards this, but I don't want to.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
It would probably look like, well, maybe I can give you so much money towards her burial or something like that because they're struggling even to come up with funds for that.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I think what I'm looking for would be just like, knowing that I didn't just leave him and that he's just withering away with nothing.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
No, he hasn't. And I guess that's kind of where part of my, my struggle coming from too, is that he's not asking for it, but I think he's too proud to ask for help, but I think he needs it. And I don't know another direction to point him in.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
He's probably, I want to say 62.
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
They're right there with him, and they're trying to kind of keep distance as well. They don't want to be the ones that are saving him either, but I think they're asking the same question. What is our obligation? What should we be doing as Christians? What should we be doing just as family members?
The Ramsey Show
You Can Build Wealth No Matter Where You Are in Life
I mean, to me, he truly is a stranger, but even a stranger on the street, I'd like to assume I would help.