How Do I Pay For Home Repairs While I'm Paying Off Debt?

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24 авг 2022

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Комментарии : 180

@trebmaster Год назад

If it's a MOLD risk, yes, that's an emergency.

@manderm Год назад

Glue them together with rice and beans

@fsmoura Год назад

Do the trimming with delivered pizza boxes.

@micheles9646 Год назад

🤣😂🤣

@wwillia99 Год назад

Being debt free feels great. How fast my balances have grown since I've been debt free is nothing short of amazing. Plus you don't feel bad about things you buy with cash even when you treat yourself with frivolous things.

@MikeyB_1972 Год назад

Only two people? Why is this an issue? Save up the money and get it fixed.

@clarifyingquestions Год назад

This is how you have to live when you spend more than you make!!!

@pooh19818119 Год назад

Ppl are so spoiled!! This caller can live with one bathroom for two ppl. Ppl with medium to large families for generations have live for years with just one bathroom. THEY turned out just fine.

@fsmoura Год назад

And many more have with _no_ bathroom!

@ianrobinson4200 Год назад

@@fsmoura Some people used to have a toilet outside, imagine that at 3am in the middle of winter

@joelkaben Год назад

@@ianrobinson4200 still the norm in many villages and tribes all over the world.

@jimmymcgill6778 Год назад

For all we know. The other bathroom is only a half bath. And have not tub or shower.

@pooh19818119 Год назад

@@jimmymcgill6778 OK I see your point and I understand. However I don't believe a person need to have a tub or shower to maintain a healthy and clean body. A person only needs fresh water, soap, a rag and the will to want to bath.

@shaverlocal Год назад

Do the repairs yourself. I flipped over a dozen wrecked homes by learning how to do the repairs myself... and made a lot of money doing so!

@ugabuga1361 Год назад

Some people don’t/ won’t do manual labor. I’m a handyman, a simple water valve change “10min job” is to much work for some people.

@LG123ABC Год назад

Not everyone is "handy".

@jkell2888 Год назад

@@ugabuga1361 water valve… you mean like the shut off for the house? It only takes 10 mins? How do you do that??? Our house has multiple of those & all are broken but one. It’s getting sketchy lol. Any help much appreciated 😂

@justafryguy Год назад

What about if you’re not a handy person, like my husband will literally measure something 3-4 times and still cut it the wrong length and a few times he tried to paint, more was on him and the floor than the walls. He can do electrical, and that’s about it. God bless him though, he really tries but it always looks like a 8 yrs old put it together…so yeah not everyone is handy.

@einCAA Год назад

@@LG123ABC you don't have to be handy. It just means that you will take wayyy longer than the professional. You can repair like 90% by copying what a handyman does in a RU-vid video

@ytr8989 Год назад

I’ve noticed that recently hardly anyone calls making less than $100k

@donjohnson1416 Год назад

Stop yer drama. Income makes very little difference.

@fsmoura Год назад

Yeah, it's called i n f l a t i o n .

@tristan2332 Год назад

And they all seem to have 50k+ in car debt

@deadcell1 Год назад

@@donjohnson1416 Income makes a big difference. Try surviving on $23k a year.

@TxLoneStar817 Год назад

Lol, what?? Really a 100k a year salary isn’t so common in America after all. 🤯 😅😂

@AStanton1966 Год назад

The beauty of owning a home. I would like to sell my house and move into a tent: no plumbing, no electrical, no furnace, no windows, no roof....

@caitlin5896 6 месяцев назад

Sure, tell the homeless people living on the street that.

@alanmccarthy4004 Год назад

Great question, great answer. When Dave started asking about the car I was on the edge of my seat waiting for the "sell the car". 😂

@bellmattwebb Год назад

That flexseal really works.

@fsmoura Год назад

ikr stuff of wonders

@tabbethadobbins1 Год назад

I’m in deferred maintenance- not an emergency- situation and confused about how to deal with this myself. This is a great question.

@peterrose5373 Год назад

If it's not going to produce ongoing damage to either the building or the occupants, you don't fix it until you have the money. You don't need a second bathroom in your master bedroom, anyway, and if you did, you could live with looking at torn up drywall. Also, if you're not working multiple jobs to pay this all off faster, you should have time to learn how to do rudimentary repair work on your house.

@tabbethadobbins1 Год назад

@@peterrose5373 Good points!!!

@markg999 Год назад

Other example of people buying cars they can't really afford.

@fsmoura Год назад

_"Dave, the walls in my home are caving in. Should I consider this an emergency??"_

@ytr8989 Год назад

The real Ramsey would say, “No. You should have insurance that covers it.”

@cagadd02 Год назад

"Are all the walls caved in or just some?"

@stevenporter863 Год назад

@@ytr8989 They discussed insurance. Think he said it had a $10k limit on water damage

@sitiwrattz Год назад

I bet that guy never off roads in his overlander. But he’d use that bathroom everyday I bet.

@DrewLeyMusic Год назад

Sounds like an emergency to me if the walls are down

@fsmoura Год назад

Well, not so fast . . . is it raining?

@anthonystartzman6295 Год назад

This literally happened to me exactly like this. Cost me approximately $12k to return the bathroom to functional. and my kitchen is just going to have to wait.

@fergusonto-2032 Год назад

Yes you can still get tar because I just repaired my roof w/ it to stop a leak while we save up to pay cash for a new roof . One brand is Black Jack , you can get it in a bucket or for your calk gun , which is what I did , it works great .

@simonthebroken9691 Год назад

Yeah. You can buy it at any hardware store. I think Walmart has it.

@bertgeneray5954 Год назад

As usual, good advice.

@fsmoura Год назад

2:55 Good Lord, you make $110k net and can't deal with a $7k repair?! Something seriously amiss. Do you live on top of a casino, or something??

@ctb3343 Год назад

It’s wild how bad car payments will strap a 6 figure family down to prevent basic repairs from being completed.

@erikrohr4396 Год назад

It's the host telling him not to do the repair.

@erikrohr4396 Год назад

@@Kiyonce.Kartier What should he have done?

@RogerPack Год назад

Money flies unless you are saving super aggressively...Or if you don't have a budget...

@user-pv8ei5jv9n Год назад

But the mold grows..?

@joshw7415 Год назад

This is crazy. No kids…put your debt payoff on hold paying minimums for a few months, deliver Uber Eats for a couple of months and get the bathroom repaired. With no kids, they should easily be able to sacrifice some time on evenings and weekends to knock this out.

@fsmoura Год назад

1:10 Dave: _"The toilet repair cost seven thousand dollars!??!"_ ( oДo) Caller: _"Well, our diet is really exotic . . ."_

@David-wo9un Год назад

😂😂😂😂😂

@mattotis8412 Год назад

Baby Step Two means you're supposed to stop getting food from Taco Bell 😆🃏

@vickieclark5931 Год назад

LOL

@caitlin5896 6 месяцев назад

The issue is that the leak sounds like it caused damage to the house and caused mold. This becomes a health concern and also a concern of the structural integrity of the house. That part of it is an emergency. The remediation and repairs should be done ASAP while having a workable bathroom can be left on hold.

@jimroscovius Год назад

You save until you can pay for it. That's what we did. You can live with one bathroom for awhile. We're down a shower, but we're living without it until we want to spend the money.

@kalobtzzk4458 Год назад

6:48 Dave knew he was gonna do an unpaid endorsement and he pointed and tried to get his attention 😆

@onfeetnation Год назад

I am a contractor and at this point, we up ther with the scammers lool

@AieMem67 Год назад

First of all stop having Vehicle Payment's When you are going to own a home it's not worth buying new vehicles becuase it will keep you from having Car Payments it will keep you from being Wealthy . When you own a home what do you expect you will always need Emergency Savings

@Whoiskevinjones Год назад

Start repairs you can. The bathroom will be a daily reminder to pay down debt fast! (As long as your wife is on board.)

@stephenkrentler7223 Год назад

Roofing tar is still available, it’s now called ‘waterproof cement roof sealant’. Call it what you like, it’s still roofing tar…very sticky and black in color. Thanks for what you do. Steve

@BigSmashKing Год назад

I cringe when people call in and chuckle when Dave asks about the cars ..😒

@PurpleRose8725 Год назад

Essentially 🤦‍♀️

@iPervy Год назад

Just live with one bath or learn to fix it yourself. Im a handyman and in all honestly its not a hard job to do, and 7k is far to much.

@toddbreitenstein8522 Год назад

Isn’t roofing tar called pitch?

@robbjerls2252 Год назад

Hey don't beat up on flex seal that stuff works pretty good

@blackworldtraveler3711 Год назад

Flex Seal won't won't replace damaged wood and remove the mold.

@fsmoura Год назад

It's crazy good. Didn't the Mythbusters build an entire boat out of tissue paper and flex seal?

@Cwilly13ify Год назад

You build a real emergency fund before throwing everything at debt.

@rachelharrison7961 Год назад

I don’t think the BS1 fund is big enough and frankly, I don’t think the BS3 fund is either.

@donjohnson1416 Год назад

Nope, the bathroom isn't an EMERGENCY so that's pretty stupid

@donjohnson1416 Год назад

@@rachelharrison7961 cool, it's Dave's plan you are free to do your own thing. He's not changing it for a couple of whiners like y'all lol. Sucks you can't cancel him doesn't it?

@CW-ln7zt Год назад

Mathematically speaking you should throw everything at debt ASAP, and if any emergencies come up you take on additional debt. The cash sitting in your emergency fund could be paying down principal.

@justafryguy Год назад

Agreed. We saved 3.5K before we began paying off debt. A water heater costs 1.5k to install and buy new here in North Jersey, the $1K ain’t going to cut it in a true emergency. I mean, he really needs to update that amount to at least $2k

@summerforever6736 Год назад

common sense does not exist

@MBihon2000 Год назад

Fix the leak, that is an emergency. Renovation or addition is not an emergency! You need to do the math if you can afford an addition or renovation.

@tyroneshoelaces9742 Год назад

Dude is stumbling on answering simple questions.

@donjohnson1416 Год назад

Cause he is trying to fenagle a way around what he knows Dave is gonna say!

@blackworldtraveler3711 Год назад

There's more to the story I bet. Like buying the home site unseen maybe.

@user.A9 Год назад

Henry's in the blue can.

@fsmoura Год назад

Just get yourself a couple of student loans. Those are free. 👌

@nisterror Год назад

Just like corporate bail outs!

@MT-yx5cu Год назад

Or better yet, get a few PPP loans and have them forgiven or run up a multi-million dollar bill and file bankruptcy. You will be just fine.

@nunyabidnes6010 Год назад

@@MT-yx5cu indeed

@angieharris8015 Год назад

Home warranty time!!!! Lol

@angieharris8015 Год назад

@Eddy Edwards hasn't been my experience and it sure beats having NOTHING at all.

@amendezmuniz Год назад

I’ll just budget it.

@ytr8989 Год назад

But what’s if your emergency fund is gone because you had an emergency, and now your a/c stops working and it’s 100 deg. F outside. What then?

@donjohnson1416 Год назад

A window unit is only $250. You don't need full house AC to live

@fsmoura Год назад

You don't need _any_ AC to live.

@jimmymcgill6778 Год назад

@@fsmoura Yes you do. For most people that is hot. Heat and humidity can create mold. Along with other health problems.

@Sheryl777 Год назад

@@donjohnson1416 Yes, that's what we did when our a/c was out, we bought a window unit for the bedroom, and at least there was one cool room in the house we could go into if we needed to, until we could get the house a/c fixed.

@mph5896 Год назад

Buy a capacitor for $20 and fix it yourself.

@LO7069 Год назад

Hi Dave. Neil from Toronto, Canada. I would like to purchase " The starter special Dave's #1 bundle. Do you not ship to Canada? Hopefully. Really looking forward to starting this journey.

@jusplay7309 Год назад

If you net 110 I would fix the bathroom first

@roofingdyi6.7powerstroke8 Год назад

Dyi my friend is probably 2500 to do the bathroom

@spankynater4242 Год назад

Why didn’t you just throw your sham wow up there.

@jimmymcgill6778 Год назад

Drywall and tilework and cement board and water proofing can be done easily after watching some youtube videos.

@summerforever6736 Год назад

not for everyone!!!!!!!!

@einCAA Год назад

@@summerforever6736 there are tutorials for everything on RU-vid. Just copy what a craftsman does. It will take your hole Saturday instead a couple of hours, but it saves sooooo much money....

@summerforever6736 Год назад

@@einCAA I am doing it on my own ... Construction is not for everyone ..

@einCAA Год назад

@@summerforever6736 construction isn't something for the rich. Everyone else has enough time in the world to learn everything that is necessary to fix most things in your home.

@jimroscovius Год назад

My wife does drywall stuff, but we pay for other things.

@YasinNabi Год назад

You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something - your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life. --Steve Jobs

@georgewelker853 Год назад

Third world style can get you out of a lot of pickles especially if you have the right friends and are willing to sweat to get it done

@fsmoura Год назад

sounds like you're organizing a raid to massacre the neighboring village ( o.o)

@Executor009 Год назад

Meanwhile Flexseal stock: S T O N K S!

@fsmoura Год назад

_"The toilet repair cost seven thousand dollars???"_ _"Well, you should see the state it gets in after my wife goes there"_ (" -.-)

@SuperFriday Год назад

All callers seem to be making $100k

@YouB3anz Год назад

It seems like everyone/most of the people who call in are not in that dire of situation at all... just looking for a little motivation from daddy

@CaseyBurnsInvesting Год назад

Apparently you just screech in the streets for the taxpayer to pay your debt for you.

@clarifyingquestions Год назад

Agreed - he said he had 10 k in student loans. I guess the tax payers paid that off. So he can keep his nice vehicle.

@ij1376 Год назад

DAYUM lol

@steppenpark5254 Год назад

Yeah that comment will never get old..

@jamesmoninger1982 Год назад

You aren't supposed to own a home; rent for the rest of your life and drive $3000 cars

@jimmymcgill6778 Год назад

This is why you should have CC's.

@donjohnson1416 Год назад

Cause they really don't NEED this bathroom but could easily go into debt fixing it ? Lol probably the stupid reason they are in the spot they are in already ha ha ha.

@jimmymcgill6778 Год назад

@@donjohnson1416 In the winter time, it will get cold in there. Which in turns make you use more heat.

@sitiwrattz Год назад

I bet this guy waived inspection when he purchased and paid over asking price.

@tomnguyen2395 Год назад

Even with the waiver offer, you still want to inspect them just in case. You can always back out if you find a big problem.

@GunGlutton Год назад

You wait for someone else to bail you out

@Jajaky Год назад

This one ain’t too sharp is he?

@fsmoura Год назад

Not the sharpest tool in the shed.

@arminsohrab5155 Год назад

Just take out a 20k student loan! 🤔

@donjohnson1416 Год назад

LOL!!!

@ytr8989 Год назад

Joe doesn’t know anything about it.

@joeriveracomedy Год назад

1st question waking in another man's shoes: does your wife have abs?

@stevenporter863 Год назад

It is an emergency. Especially if the other bathroom is without a shower.

@lukeharris2622 Год назад

✝️🙏

@mikesmith-wk7vy Год назад

I’m with Dave I would rather share a bathroom with the wife than ditch my off-road toys

@nunyabidnes6010 Год назад

Sad

@djpuplex Год назад

And remember when you rent you throw away money.

@jimroscovius Год назад

No, you don't. It's just a cost of having a place to live.

@deadcell1 Год назад

Do you really believe you own your house? Stop paying taxes on it and see what happens. A house is the only asset you will never truly own.

@Mr_Fairdale Год назад

I think I’d just wait if I’m in his shoes

@blackworldtraveler3711 Год назад

With the increasing water crisis and Las Vegas 80% water dependency on Lake Mead/Colorado River I would sell and move.

@ivanvargas2425 Год назад

If it’s student debt don’t pay it! Use that 10k for your home.

@jimmymcgill6778 Год назад

Tale away their man cards. Can you buy tar now days? What kind of question is that?

@fsmoura Год назад

Them darn millennials nowadays can't even change a tire, much less repair a roof.

@jimmymcgill6778 Год назад

The bathroom repair should come first. You can do the bathroom and pay off debt at the same time. Millions of people do that everyday. You don't have to do one thing at a time.

@WhoDevv Год назад

A second bathroom isn’t really needed for a 2 person home

@fsmoura Год назад

Not if you live with a heavy hitter like my wife ( o.o)

@jimmymcgill6778 Год назад

@@WhoDevv He said the floor is buckling. And it's down to the studs. Come winter time, with no installation in the wall, if it faces outside. It will get cold.

@donjohnson1416 Год назад

For a second bathroom? Lol. Tell us more how much drama and debt you live in.

@jimmymcgill6778 Год назад

@@donjohnson1416 Maybe that second bathroom don't have a shower.

@RusskiCommieBot Год назад

Don’t pay for it! Brandon will pay for it.

@dcg590 Год назад

You mean tax payers who didn’t take out student loans, or already paid for their kids college and or paid their own loans off.

@RusskiCommieBot Год назад

@@dcg590 Life isn't fair.

@SlickDickAndCarl Год назад

You don’t. Lol

@mrsmith1339 Год назад

The caller is lucky he has a functional bathroom, other wise Dave would suggest a port-a-john Dave wants to sell cars, but never asked how much is owed on them. Again, how do you sell a car retail, wnem you owe on it and don't have the title ?