It's already a disaster.

You already know!!

😂

Not true. She has a plan just needs to improve it

Lot’s of times it’s not a choice. You have to work with what’s dealt your way. Sometimes it’s just not having someone to guide you through the mine fields.

Indeed they do not

⁠@@ericeandcoor sometimes people need to improve their situation. Some people seem to think that if they earn $50k a year and life is hard, then thats the way it is. Its like they have convinced themselves that it’s downright impossible to get ahead. Its hard dont get me wrong but its not impossible. They very rarely take it upon themselves to maybe upskill and get more qualified as so to start earning more money to improve their lives. If you live in a western country like Australia, UK, Canada or US as examples, the opportunity is there if you really want it.

She expected the furnishings would just magically appear😂😂😂

😂😂😂😂 I’m deeeaadddd 💀💀💀🤣 this comment is the best!

Impulsive purchase.

Because it's 2023 and all you can get with a $3000 a month mortgage

@@timothygibney159 Yep even cheap places are in the 200K range if one wants multiple bedrooms!!

He should stop with the relationship advice

@@truebengalsfan she would be screwed if she married him, and she knows it.

@@jones2277she be screwed even more by herself so your logic makes no sense

@@truebengalsfan so not marrying him means she can't have a roommate or simply have him pay a portion of expenses? lmao.

@@jones2277wtf are you talking about

Atlease she in a house

But you dont have to be. As others mentioned you can save and by appliances. Look for sales, garage sales ect

Yep, and just wait til her property tax shoots to the moon.

@@sopharchan2022 _At least_ spell correctly....

I believe you are correct. Bit off too much house.

Exactly. This isn't a big deal.

Is that what its called? The habitat store? Looking to move soon

I live in Charlotte where this woman is calling from - the habitat for humanity restore here is awesome! this is a great idea.

Ohmygosh Thank You for this tip/information! I had no idea such existed! There's a restore 2 miles from my work! Grateful.

I've shopped there often. Excellent values on items, great charity. One downside is that you never know what will be there. Think of it like a Goodwill secondhand store, but with donated furniture and building materials.

Yes. Our two year old floor demo refridgerator cost $750.00 (delivered); the same model cost $2,100.00 on sale at Home Depot. We bought a used washer and dryer combo, not matching. When the washer died after ten years we bought new on sale, my husband replaced the belts and wheels in the dryer to refurbish it for $40.00 (diy). Now the brands match. 😂😂

Yep, those places have great appliances. I bought a washer and dryer like that because they had scratches. Reality is that those scratches are not visible to the bare eye. Saved me tons of money

I would take a 20 year old washer or dryer for a couple hundred bucks over a new one that will last 4-5 years total for $1k

Yes I got high end dishwasher dent not visible for 20 cents on dollar best bond. restore isn10cents on dollar nice appliances. and good cause. got great brand stove there looks new. 5kk too much restore has furniture donated.

Also Freecycle and Moms FB Classifieds groups. I see amazing stuff listed on these in my area of town.

True but Dave's forecast for 5k for a few things is not realistic, I did this for 1500 tops. New bed everything else was used. And decent shape.

Right. You might have some empty rooms for a while. Get your most basic of necessities for now at the most reasonable price you can find. You did the hard part. You bought a house. Don’t lose it because you don’t have an emergency fund to cover your bills if something bad happens. You can always upgrade later.

Junk. You’ll be replacing again before long.

Used bedroom, no thanks, could be "stains" on the bed, disgusting

$3200 is alot, I just go out and get free and dirt cheap furnitures, and it costs me under $1000

You have seen anything yet

Thanks. Actually, it could be done for even less!

Thank you!!

She gets 35 tax free and she has a bf

No.. she paid a down. She doesn't owe 330k.

She's the only good one other than Dave.

@@littleripper312I like the white guy with the beard and glasses

I agree with Jade. Buy an air mattress and call it a day!

You can tell how much Dave respects her and her advice by the amount of times he doesn’t interrupt while she’s talking.

Yeah, he just put a cap on her bc clearly she needs it. She needs to still do the footwork. If she hasn't learned already then she's not going to learn on appliance hunting.

@@nikkisigmon8090True. She is clearly in need of some father-like direction. She actually thought that her boyfriend would be worse off if things don’t work out. Nope, she is the one financially responsible for the home, not him.

All garbage. No quality.

Yeah in 2019

@timothygibney159 I just did in 2023. It's called taking advantage of sales, and not buying the top of the line $heit... if this video is recent, then there's been crazy black friday sales all month.

Why? It's a roommate situation....she even said it.

Make him sign a rental agreement

Can someone explain why she’s at the disadvantage and not the boyfriend in this situation? She owns the house and he’s helping pay the mortgage. He has no equity in the house. So how is she in the worse position?

@@Diashi1267people want something for nothing. He won’t pay for living there if he doesn’t have to. She won’t enforce it based on how she already decided to need to live large

@@Diashi1267 what happens if the boyfriend decides not to pay rent? You don’t make boyfriends sign rental agreements when moving in with you. Sure, she could call police to kick him out but would she actually be willing to do that? There are MASSIVE problems when bringing someone into your home and expecting them to pay rent without the enforcement of a legal document.

I agree she wanted permission

My friend just did up her place for under 5k (a large 1 bed) Is it the place of her dreams? Not yet. But it’s lovely and homely, this caller is ridiculous.

5K feels like more than enough to furnish it with used items. Lots of free stuff online too!

I say under 1k for necessities only is reasonable using Facebook marketplace. All she needs to start is a bed and fridge. She will need to wait for the rest if it's too much.

IKEA

I didn’t even waste money on that. I just slept on the floor, but my issue was the movers took three months to get me my stuff so a little different.

Foam camping mattress is more comfortable too.

In my experience you'd barely get 1 night sleep on a air mattress, I found the floor more comfortable 😅

Or futon

Agreed this isn’t rlly that bad of a situation as the comments made it to be

I think the caller is actually pretty awesome! Retired military and had a good chunk of money saved. She's going to be fine 😊

​@Shortballa11 it's a big mess unless her only goal was to own that house. She's making less than me with about 3x more mortgage. If her property taxes go up at all her escrow shortage would take her out financially... the house alone is 30% of her month take home, expenses could easily be another 1,500-2000. So theirs roughly 60% of her income in household expenses and mortgage. She needs to be putting away something like 10% retirement no? Theirs 70% to 3/4 of her monthly income. I hope her cars paid for at least.

@@tylerhansonMost are putting 5% in retirement. SHe has zero debt so I think that includes cars. And the mortgage isnt taking that much of her income up cuz she is going to charge her boyfriend. And if that doesnt work out its pretty easy find a roommate. Considering most ppl live in debt I'd say she is doing better than average and pretty good. Just gotta make better decisons from now on

@@Shortballa11 ah yes, the American Dream of sub leasing your mortgage so you can pay for it

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

@@Ingridlourd02 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

@@JacquelinePeters03 Oh please I’d love that. Thanks!

@@Ingridlourd02 Judith Ann peace is her name

Lookup with her name on the webpage.

She'll need a mic, and stuff to cook with. But that's only like a few hundred.

yeah she can go to costco for all those things

Na bro she needs the 75 inch flat screen and lg washer dryer 😂

@@rory644with 20k on hand there’s def room for a 60ish inch tv, bed, fridge, and I’d buy a washer/dryer all day everyday over the laundry mat. Take 5k and get those necessities in place and go from there. Keep 15k for efund. We’ve come this far…..don’t let Jade tell you you gotta be on an air mattress and a college fridge.

Disagree with the bed. A camping pad and a sleeping bag worked fine for me for months. A bed isn’t a necessity.

Yep. You got a pension. Just finance it. Why wait ? Get all this.

I bought in 2011, the former owner put new roof, A/C, Paint, Windows, ($25K in upgrades). Went belly up in the great recession. I bought as a Fannie Mae foreclosure, $50K

She did save money, $20k worth.

Correction she saved the down cash payment, plus the $20 emergency fund.

I'd be afraid to buy used upholstered furniture or beds b/c of bedbugs.

@@benton-benton Examine closely, buy from expensive parts of town.

Yep. Roommates. Everyone wants to get past that stage of life.

And a small microwave.

Please don't get one off Amazon I did and it fell a part in months

I've had my cheap Amazon mattress for over a year and it's been ok@@tuffybaxton6162

@@tuffybaxton6162 I bought one of those off Amazon, it was called a mattress in a box. So far 1 year in and it is holding up great. Maybe you just got a bad one?

@@tuffybaxton6162 I bought a mattress in amazon for $500 and its already 5 years running and still ike new. My mom has hers from Amazon too and its 8 years old and still in great condition.

When I was moving and used an air mattress while waiting on my furniture to be delivered my cat popped a hole in my mattress and caused a slow leak. Air mattresses and pets don’t go well for very long. 😂

Invest in a proper mattress. Sleeping comfortably is paramount.

@@susanmarie2231 Not sleeping comfortably might put a fire under you to replace it with cash.

Facebook marketplace

or just buy a little at a time. That is what I always did when I moved. When I moved to my new place my mom gave me her old bed with an amazing memory gel mattresses and I made a list of furniture I needed and figured out what is really the most needed and got one piece each month (luckily I had a bed which to me should always be top of a list even if it is just a mattress and I had table and no chairs so I bought some used chairs to go with it, the next month I bought a convertible love seat on sale, the month after a chair for the living room, etc. ) I mean it sucks if you like to entertain but it's more practical in the long run.

@@littlesongbird1 right, she could just start off with a bed, refrigerator and microwave. Then go from there little by little.

Exactly..

Take 5k and get a fridge, bed, couch, dishes/silverware , w/d. Don’t deplete the emergency fund too much cuz she’s no longer going to have the extra $ to fund it with the nice new mortgage and related cost of ownership on tap.

So true! Even landlords are losing their houses to non-paying tenants with contracts much less her soon-will-be common-law husband!

Lease won't work. He'll easily talk her out of doing that.

Millionaire logic.

And costco has amazing warranty/return policy!

I was thinking the same lol what appliances and beds do these people own. Beds and refrigerators aren't that expensive if you cheap out, even when you go with a good bed.

He means for her to buy what she needs, not just a bed and used appliances.

My 255.00 big lots mattress is doing wonderful 15 years later lol.😂 minus that one spring. That is an average of $17.00 bucks a year for our bed. 5k is 1/10 of what I paid for my entire house.

We bought our house 5 years ago it is still not fully furnished. We got a nice bed finally just this year (before had food fence boards from home depot instead of a box spring on a cheap bed frame from craigslist. My husband thought I was nuts when offered it). We can afford it all, but we technically have everything we need and more, so instead we are paying out our mortgage early.

The big thing is when stuff goes wrong. When you rent and the roof starts leaking yuo don't have to pay for it. When the fridge stops working or the toilet explodes it is on the landlord. Assuming the payment is the only bill when buying a house is insanity.

@@danielrn133 That's what I explained to some of my friends who are like "your rent his higher than my mortgage paymnent!" that may be but I don't have to do yardwork or pay someone to do it and when it snows, someone else takes care of removing it. When something breaks I call the property management group and someone comes and fixes it the same day. Heck last year when I was on vacation they fixed my a/c because one of the staff heard it while he was out walking around and could tell it was going bad so I came home to a new a/c!) I am looking into home ownership but that is the first thing that I'm looking at is the monthly payment. My plan is to take the difference between that and my rent (like say if my mortgage payment is 600 less than my current rent payment than the 600) and throw that into a savings fund so that it grows and I am prepared for upkeep on the house.

Kudos to you

@@danielrn133if you buy a used home….

Yup!!! Very, very true!

There’s no such thing as common law marriage in NC or most states.

There is in Arizona

If there is a common law, it's up to a court to recognize that. Best believe it'll take around 10 years plus kids, medical bills and everything else. Simply renting a room ain't even in the ball park of common law.

If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.

@@Nernst96 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is the professional that guides you?

@@Nernst96 Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.

Downturn? Where I’m at housing prices are steadily climbing.

Scammer thread spotted🕵️‍♂️🔍

That's frugal to a fault.

The real key here is to buy from returns auctions. They get returns and overstock from the big companies. For example, I got a brand new, never opened, $1000 king mattress for $50. I see appliances and furniture on the auctions every week. I use Hibid auctions.

It will keep her motivated.

I agree partially, but home builders have been cranking out homes & every person with a house thinks it’s worth 3x what they bought it. There’s a 100million homes, most likely path here is a housing crash to relieve the fake shortage narrative

I'm already there. 2024

The U.S. is a big country. Average home price where I live is around $190k. Median is around $210k. Around $73k/yr after taxes for family of five. Housing,utilities,and food much less than national average.

Just stop eating Avocado toast and the money will magically appear 😂

@@blackworldtraveler3711Where do you live??

Where is all this Godly intervention when men are getting divorce raped in divorce court?

Sounds like she was prior military. With VA loans there is no PMI.

easy to transport?????? My next-door neighbor moved into the house in 1957, him and wife were 21.

How do the girls (if any) that visit feel about your mini fridge and air mattress? 😊

​@samamanfi7239 They love it! The air mattress isn't there anymore (replaced with a memory foam full-size bed), but the new ones these days have better leak-free materials and contour cushioning. 👍

Jade is amazing!!!

I love her on the show I don't get why she gets so much hate online.

​@@grod805racists

Jade is awesome! Not to mention how gorgeous she is

It does for me but I could truly afford it with cash.

Have to be careful taking in used furniture especially, don't want bedbugs!

The big issue is the 30-year mortgage, not the furniture. Her mortgage, taxes, and insurance will be almost 40-45% of her income and she doesn't have much in savings. When she factors in bills and other potential expenses, she is cutting it close, especially if she does not work and depends solely on military retirement and VA disability benefits.

Nerve-wracking? Come on, probably more like character building.

Right! He won’t pay and will force you to evict him

lol she’s gonna be struggling ALONE! Paying everything alone. He would’ve helped contribute

Dave is wrong. He gave his viewpoint as a ultra conservative. Who basically endorses marriage. In marriage property is generally split 50/50 if they divorce. If her relationship with the boyfriend didn't work she would have a 100 percent of her property. She should have looked at the going rate for rental property in the area. Then based of that split it in half. While at the same time decreasing it 100 to 300 below cost. Because at the end of the day the boyfriend is paying rent for her property.

In most of the country a $250k house doesn’t exist. In my city the nearest $250k condo is in another state.

@@kovu159 I agree that prices are out of control. Overpaying and being house poor is a terrible option though.

@@kovu159 She's in Charlotte, NC. I did a quick Zillow seach and there are lots of condos with 2 bed/2 baths in the $200K's and some even in the $100K's. It's still a big step up from renting a room and it would be hers, and a lot more affordable than this house she bought. Plus utilities and maintenance/upkeep costs are a LOT lower than they are in a house. You'll have an HOA to pay, but it's offset by lower utilities and no worries about exterior maintenance items like the driveway, roof, siding, etc. I found a nice one in Charlotte with a $465 HOA fee, BUT when you read the description, that includes water, sewer, internet, cable TV, heat, and air conditioning! And it comes with appliances 🙂. Imagine not having all of those bills! In a house, in summer alone in the south, you'll blow past that running the AC + other utilities and services.

Who wants to live in North Carolina?@@MrStv1163

Great metaphor.

Indeed, with the appropriate investments, you may become extremely wealthy very rapidly, but this kind of return typically requires experience, much like in the case of hedge funds or financial managers. Personally, I think the latter is preferable.

Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks. You should consider that option if you dont know where to look.

@albatkobe 'Heather Lee Larioni' is my advisor; she is regarded as an expert in the field and has a wealth of information regarding portfolio diversification. You should look her up if you care for supervision.

@@josephbush65%? 😂😂😂 spam.

scammers

Yes! This is what I always do with major purchases. I know he advocates no debt but if you have self control you have really use financing and balance transfers to your advantage when $ is tight. I have never paid interest on these CCs

@Girasoles that how I do my major purchases. But, I calculate the purchase price by the amount of months, that I've got financed. I've never had to pay interest once. I'm not perfect with my credit, but I rarely pay interest. Plus, I have a 776 credit score.

We were planning for a child after buying our first home so an inflatable mattress was a nogo for us! 🤷‍♂️

You are not alone we can no longer afford our mortgage, wife wants us to travel or relocate/I am proposing cashing in, walking away and renting while putting the rest in the stock market.

Consider reallocating from real estate to stocks. Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. You could use a financial advisor if you are not very savvy.

I think this is really what I should do. Could you recommend a good advisor whose service I could use?

I take guidance from a California-based wealth advisor, *Sharon Louise Count.* You're most likely going to find her basic info on the internet. She's firmly established and well qualified.

Thank you for this. Any chance she manages couples' joint portfolio account?

That’s going to happen even when the home is functioning properly. The roof might start leaking from wear and tear so insurance won’t cover it. You might notice your windows leaking air, seals shiveling up and drying out, or window tracks becoming warped from the sun. You might notice your wood fence needs replaced or the yard needs leveling because it’s allowing water to pool up next to the house. You might notice the bath tub faucet leaking or a crack in your bathtub causing bigger problems. Everyone wants to buy a house but nobody warns others of all the crap they will have to deal with on top of normal repairs/replacements.

In today's economy, stocks outperform real estate, providing dynamic, liquid investments with diverse growth potential. Their flexibility is crucial for navigating economic challenges, unlike the less adaptable real estate market.

In my opinion, home prices will need to fall by at least 40% before the market normalizes. If you are unsure whether if to remain in the real estate market, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in ROI.

Certainly! Can you recommend the expert you've consulted for their services? I struggle with identifying suitable investments for my portfolio.

There are a lot of independent advisors you might look into. But i work with Stacie Lynn Winson and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I support her.

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Stacie up and send her a message. You've truly motivated me. God's blessings on you.

It evens out. She’ll be able to control her expenses better in her home than a condo. Condos aren’t necessarily cheap to buy either.

@@ericeandco cheaper than a house brotha….I don’t see how this evens out

A condo is a terrible purchase

@@JM-ps6le no it isn’t. Explain why it’s so bad?

conda has HOA,often high. Only time I would share a wall is if it’s downtown or the beach.

Times change but the word of God endured forever. Living together before marriage is foolish and not “how to get to know someone.” It’s pretending to be committed when you’re not really committed.

Something that I don't understand is how old is she? She said *I been 35 years without worrying about furniture* so that means she is like 55?

Well it's too late now!

No she needed to come up with 2% more down to eliminate pmi…pmi would be what 100 a month on that house price…screw paying pmi this isn’t 2002 where you put 5% down get pmi on loan and immediately refinance like I did back then and now the loan goes off what it’s worth verses the sale price…I only paid pmi for 2 months back then….people need to understand don’t buy till you got 20% down..no pmi and you got equity immediately into up your home…refinancing to eliminate it are more closing costs again.

What is PMI?

I bought an unmarketable Fannie Mae foreclosure in 2011, $50K. Now ~$500K. Save?????

@@aolvaar8792 Yeah but I doubt she bought a foreclosure for 300K.... Unless that house was supposed to be listed at 1 million plus...

I disagree. Marry the house and date the rate! You can always refinance later. If the interest rate were to drop back to 3 percent tomorrow you'll have a 50 people bidding on that one home vs. 5 people if you can afford to pay the mortgage today.

@@donaldlyons17The point is: The price of a house rises faster than you can save, (Save?????) My home went from $250K to ~$500K in 30 months>> that's $10K/mo $500K @ 7% or $1MM @ 3.5%

@@aolvaar8792 Right and how many have an extra 500K to 1 million in their teens, 20', 30's or 40's?

Nor does it generate income so it’s like a double whammy. But but but…..the “American Dream” they sell you

The American Dream becomes a nightmare when property tax doubles. @@sinclairw5311

But my realtor said the house will pay for itself in a few years

Did you even watch the video? She's not even young

Generation Z is going to be so impatient that they are going to be dangerous. You can already see in the news, the number of stories of generation Z using violence to get what they want. You see generation Z on television robbing store, and flash mobs, or robbing people, or even killing them. I constantly worn people when I see that type of behavior in their kids, but they themselves don’t want to see it. Generation Z is not going to be able to afford anything. They won’t be able to afford cars and they won’t be able to afford houses. As far as they are concerned, their parents are walking lottery tickets. They think that if they bump their parents off that they’ll be able to take over where their parents left off. As they won’t be able to afford their own houses, many of them, believe that they’ll simply be able to inherit with their parents have. If they have more than one sibling that will lead to fighting among siblings. They feel entitled, and they refuse to accept that their parents aren’t going to simply be able to give them the things that they want. They have no morals and they will do anything to obtain what they want. Only fans accounts. Crime. They are going to be so dangerous that you have no idea what you’re up against.

@@vicepresidentmikepence889OP thinks the average boomer was buying their first home in their 50s, so 35yo is young to him. Of course, he’s wrong on both accounts

Dafuq you taking about? Boomers bought houses on one income before their 30s on average and no no affordability issues! Boomers are the first generation in history to leave their children in a worse position than they were. Btw I’m a successful late 30s millennial and I can see how much they’ve screwed everything up

Facts