You don't accidentally run up 35 grand on a credit card either.

Thats a great way to put it!

Word!!

not me I always know I'm gonna win

I love it. That's a good way to put it.

😂

😂😂😂 right?!

Good one!!!!

😂 I’m missing the part of how you “accidentally do something on purpose.”

😂😂😂

The USPS accidentally delivered a gigantic box of Godiva chocolates to me that I had accidentally ordered.

@@KathleenMcNe😂

Good! Red meat is fantastic for you! Just go make sure to go for a walk or something later.

😅😅😅😅

😂😂😂😂

The only time I’ve accidentally gambled is when I’m purposely gambling and hit the wrong button

Is it like accidentally picking your nose? You are just not aware of what you are doing.

@@Omar_Zazzle LOL.

victimhood? She's defending this guy and is in total denial of how bad this addiction is...

For real, "women can't win".. get outta here with that nonsense! Women win all the time

..."bUt gAwD haS a pLan"...durp...

@@user-mf4gz3sp1q I believe he does. They are definitely not following it

God's plan never includes dumb.

This is what people do when they haven’t changed the problem that got them in debt. They sell their only real asset to supposedly get out of trouble, but THEY are the trouble, so there isn’t any getting out. I refinanced my home at 2.1 % and you would have to pry that rate outta my hands. Had to trade my entire retirement account to my dirty freeloader ex to keep that rate on the home I bought.

@@catherinewilke5583 Wishing you a peaceful life to regain your retirement account & then more, now that you are in charge!!

She's manic, I bet they are both bipolar and make the bad decisions on the high then regret on the low swings.

inherited mom's house. paid cash for our own place. screw the market. best decision ever.

Exactly what I was thinking! You literally won life with buying during that time

I think she was interested in doin a whole lotta talking in notta lotta listenin’ lol

When did you figure that out? I was certain when she whined about women not being able to get ahead.

She’s overweight and he’s “six feeeeeeetttttt” and he can supposedly do no wrong 🙄

Exactly!!! Like 75-25 = 50! Where did that money go? Not towards the debt apparently

Odds are she has a few.... ahem... "nice" consumer status symbol items. My wife and I have always been very frugal, but a couple years ago when we finally hit everyday millionaire status she asked if she could buy a Coach purse. I figured, "Sure, why not... she's never been into purses and shoes, etc". That was when I saw the first $400 purse I'd ever seen. Then I was educated that it was, in fact, "reasonable" by standards such as Tiffany, Gucci, and Louis Vuitton. $1,200 - $4,000.... for a handbag. Aaaack! My leather wallets come from Kohls and cost about $15. I get a new one every 10 years when the old one falls apart. I'd like to hear the husband's side of the story to see what her vice(s) are.

It's making me nauseous how fast some people blow through huge amounts of money, and in particular people who have the least business doing so. Literally all their life savings gone in a few months and nothing to show for it. No coincidence that these same people are drowning in debt and can barely get by. It's a mind virus. Scary. I know how long and painful it was for me to repay just a minor debt, some folks haven't got a worry in the world throwing away money that could buy half their house. It's fascinating but not in a good way.. I'll leave it at that.

Yeah, they had $75k in equity, he lost $25k gambling and they have $15k in savings. There is $35k unaccounted for here...

She should have been watching him? What?

Exactly!!!!!

That’s exactly how it works. Enjoy the winnings!

I'm not a gambler but I suspect that people legitimately forget about the money that they lost after they win. That doesn't make it better though.

Yep and even if you won $200 spending $2, it will eventually catch up to you if you keep doing it. The house always wins.

I have a co worker that thinks JUST like this.

Great phrase!!! I’m stealing itv

Everyone is dysfunctional in their own way.

Having children too! What will that look like?

they both need to get back on their meds, she's manic as heck

😂😂😂So true!!😂😂😂

😂

Omg nooo this happened to me too! But my cat walked across my computer keyboard, downloaded the app, meowed my credit card number into the microphone and bet it all on Duke.

🤣🤣🤣

😂🤣😂❤️

Yep. I constantly get ads for sports betting sites. People at work who I know make less than $50k are constantly talking about various sports bets they won. They don't mention any losses, so they must be amazing at it - sarcasm. I also see people day trading stocks, which is no better. The truth is that in aggregate humans are simply no match for this type of neurochemical manipulation. Sure, some people opt out or bet only tiny amounts for amusement. But enormous numbers of people are going to get addicted. And not one of them will have known in advance that it was going to happen. In a biochemical sense, it's like your phone can now dispense cocaine.

Casinos are built on the backs of losers.

Yep and now you don’t have to even be in Vegas. You can do it from the comfort of your own home. A few of my co workers have a problem. They’re always going on about how broke they are. Then they show me all the money they’ve used to gamble lol

Be smart and invest in shares in a casino. That would is the only gambling I plan on doing.

Going to Vegas will prove you wrong going with 5k walking out with 100k

And they what, rent someplace? Shack up with family? It will be some time before they can qualify to buy again. Shaking my head.

They could have filed bankruptcy for the credit cards and had the debt wiped out (if they couldn’t afford to make payments on them with the high interest rates. The bankruptcy would offer them protection for their home as well. Yard, it would negatively effect their credit for a time but they could start fresh and stay in their home.

My mom's ex-husband inherited a fully paid off home before she got with him. This idiot refinanced the house to pay off debt that he ran up because he likes to buy THINGS. He has like 12 cars and motorcycles and other unnecessary material things. Dude is one of the most financially irresponsible people I've ever met.

Especially if they were in at the lower interest rates. Now renting or buying a house is sky high!

Indeed. There is a lot she's not being honest about. Obviously she wasn't consolidating debts that she was just about to pay off in full, so clearly she wasn't intending to pay them off in full. And $75k equity from the house minus $25k in gambling losses is $50k but they only have $15k. Where did the other $35k go? I could understand a month's salary coming out of her savings because she lost her job a month ago, but she wasn't making $35k a month...

I was yelling this into the computer!!!

Absolutely, you nailed it! Gambling is more about chance, while investing involves strategic decision-making and research to grow wealth steadily over time. Making this distinction is essential for financial well-being.

Absolutely, your observation hits the nail on the head. In a bear market, the key isn't necessarily to outperform but rather to endure. By weathering the storm and staying afloat while others falter, you position yourself advantageously, emerging stronger when the market rebounds. It's about strategic survival rather than chasing risky gains.

Building a good financial-portfolio is more complex so I would recommend vou seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.

Glad to have stumbled on this conversation. Please can you leave the info of your investment-advisor here? I'm in dire need for one.

Jennafer Beaver Turner is the licensed expert I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

I live one year on less than that...

@@kokoskokso same

@@RemixerDarken I live on HALF that amount as a retired single senior!!

People act like they were asleep when they were making decisions

@@marymcdaniel3883 you mean asleep when decisions were happening to them 🤣

I bet he doesn't relapse.

@@treasurethetime2463 💀

Hans Solo is truly gorgeous! 😂😂😂

Was

The lady isn't any prize either. Did you hear her? Women can't win, waaaah. I had depression and had to stay home with my kid waaaah. I accidentally waaaaaah

I can already hear the high pitch and see him grabbing his hair

"F*ck you, you don't "accidentally" gamble away $25 grand!!! Are you *serious* !?" 😂

😂😂 seriously!!

They made $75K on the house... he gambled away $25K... she lost one month of income on a $50,000 annual income ($3,500, take home maybe?). Then she said they had $15,000 left. Where'd the other $31,500 go? She's not telling the whole story.... my guess is she has a few "vices" of her own... or she's not telling the whole truth on the gambling. Either way, she's not being honest.

​@@sidwhiting66535k debt because she was depressed that sounds to me like she has a shopping addiction herself. And with the stress of her husband's gambling I bet that has gotten worse.

They can’t both work two jobs while having a two year old unless they have a relative willing to keep the kid pretty much 24/7.

​@@anndeecosita3586 as long as they have time for gambling they better find that job no. 2. And gamblers anonymous, and codependents anonymous or whatever they have for the missus. Yikes.. Poor kid. Hope they get better.

Not true @anndeecosita3586 In the Jacksonville area daycare for a 2 year old would be like $1000-$1200/month. Her old job of $50,000 a year brought in probably $3-4/month. So if she worked and put the kid back in daycare she would be netting the family an additional $2-3k/month. That would make a HUGE difference in their debt.

I think she's actually very clever. She tries to avoid taking responsibility by hiding behind certain twists of phrases and not answering questions directly. Also, did you notice there's $31,500 of the sale proceeds from their house that's missing? The hosts never pressed her on where the rest of the money went. Too busy straightening out her story to plumb the depths.

Because she’s so used to her own bs

😂

I am not married to her husband and I feel unsafe.

​@@neisci😅

Hahahaha

Hey That’s my Line 😂

Student loans never go away. Even if you end up declaring bankruptcy, you still have to pay them off, with interest. That’s not the case with credit cards. They are one of the worst forms of debt. Don’t believe people who say, “Sudent loans are *good* debt because they’re an investment in your financial future. That’s not true anymore, if it ever was - which is in and of itself, very questionable.

Agreed. Why pay off the 10 percent debt first. When you've got two credit cards at 27% interest. Play the minimum on the student loan. And tackle those 27% cards hard first. That was interest rates will kill you.

Yes, what a stupid advice..... Obviously dealing with the CC interest rate was the priority, your Main Focus must be to pay that debt ASAP

Sounds like her and her husband are on the same page too. But they're in the book of poor choices, chaos and lack of accountability.

Going to hold her to the same standard? There's $31,500 "missing" from the original $75K profit on the house sale. $25K lost to gambling... she lost one month's income ($3,500 maybe?) and there's only $15,000 left. Want to make any "bets" she's not 100% viceless?

She said he is now in counseling

Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners? .

As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken .

Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 12 grand weekly and this has improved my financial life

YES! that's exactly her name (Stacey Macken) I watched her interview on CNN News and so many people recommended her trading skills, she's an expert and I'm just starting with her....From Brisbane Australia

This Woman has really change the life of many people from different countries and am a testimony of her trading platform .

No he’s definitely a bigger mess if he gambles away $25,000 on March Madness.

She took a year off for depression. Maybe get out of depression by going to work.

I agree. Takes 2 to create a dysfunctional mess.

Just using the word “accident” is a clue to that truth

@@anndeecosita3586 she's leaving out all the bs she did

Dave uses the Baby Steps. Baby Step 2 is you list all your debts smallest to largest by BALANCE OWED. They only owed $11K on student loans... $35K on credit cards. They need the psychological victory that comes from wiping out a debt to get them on track and keep them there. Look at it this way: if math were the only problem and interest rates the only concern, they wouldn't be using 25% APR credit cards. They need to learn to HATE debt and never use it again, not just piddle around with it and play numbers games.

😂😂😂 I agree…

That most definitely is gambling

Because they can pay the credit cards off faster once they no longer have that student loan hanging over their heads. Student loan debt is forever in most cases---you're never off the hook.

@@jodylarson4697 credit card interest rates are way higher here in the UK than any student loan. What's it like in the US?

@@Kysen10 Depends on the type of credit cards you have vs the types of loans you say. Some of mine are 0 APR for six to 18 months depending on the card. I just transferred a balance to a card and will have 0 APR for a year for a $20 transfer fee. The option was no fee and pay 5 percent APR for a year. different rates but I don’t carry balances on them. But I think she said their rates were high.

And anyone who doesn’t know this is obviously a new viewer. Dave has discussed this multiple times.

Talking about why pay student loans off first. The only instance that I’m aware of that paying off the highest interest amount debt, OR the smallest amount debt, makes you less safe than getting that student loan albatross off from around your neck!

Been there done that. It’s not accidental it’s intentional hoping to double the money

I’m a woman and rolled my eyes so hard lol

😂😂

Can't forget the NBA playoffs