@@siva47931because if she actually had money saved she wouldn’t need unemployment to pay her bills. Her story sounds like she was living high on the hog for a very long while and the divorce and lay off took her by surprise. The well went dry ma’am time to go back to work at the local bank 🏦 🤷🏾♂️✊🏾
If this was a single Father, this whole conversation would have been different: DELIVER PIZZAS! DRIVE UBER! SCRAPE GUM! Once again another double standard
Wait a minute. Why make the assumption the husband dumped her? Stats already shows women initiate 70% of the divorce. With college degree and high income, women initiate 90%.
Yeah, that was a huge assumption feom Dave. But if you want to get deep on WHY those numbers are so high with women initiating the divorce, we have to get deep into the reasoning. Simple answer, us guys can't control the other head, leading to relationship problems.
@@lav7161 Not true. Younger divorced couples, women have higher affair rate. At around 40's which is when most couple get divorced, the affair rate is similar (15% for men and 11% for women). Passed 50 is when we see higher percentage between the gender. Stats are from institute of family studies. So don't just blame the men. In the mating market, both gender peak at a different time.
That would depend on the child custody order, the divorce decree would have nothing to do with it. But if the father is in the picture and area, there is absolutely no way she is going to be able to leave the Dallas area with the kids without a big court fight that she would likely lose.
Nearly 250K a year plus child support, which means she fought for full custody (her choice). She's just been financially irresponsible. No savings but all it takes is $4k a month to get by??? Someone is still in denial. Luckily she wasn't a guy because Dave would have bit her head off and being a fit parent would be in question.
My daughter got laid off from her accounts payable position 2 months ago, right when she was due for a raise. Single mom. Very small severance. Everybody was so sad she got laid off. She figured 3 weeks tops, she'd have another job. She had applied to over 200 jobs. Beautiful resume, and nothing. She'd get emails saying they are no longer keeping the position etc. Never spoke to a human. Even called some of the companies. 2 weeks ago her former boss, who'd been staying in touch, asked if she'd found anything yet. She barely missed eviction at that point. A buyer position opened and even though they are in a hiring freeze, needed that position filled, and the CEO and a few other managers, all said they wanted her back. They would teach her. She got hired at less than a dollar more/hr than she was making and starts on sept 9th. Rent is due Monday and it's going to be a rough time again, but at least she got a job.... still with nothing in the applications elsewhere. Job market is really weird for sure right now.
And AP Position doesn't make that much either based on my experience. Most companies will keep their posting up to collect candidates even though they don't currently need it.
Happy it's working out for her, but that's what the 3-6 month emergency fund is for. Sounds like she barely had one month saved if she was facing eviction after getting laid off only two months ago. A hardy lesson for us all to learn.
This is just one example that it's not just drugs, alcohol, mental illness why people can end up on the streets or living in their car. There's LOTS of ways someone can become homeless.
They don’t deny anything, you just watch media that focuses on the problem. They cover it all the time. And even if they did what difference does it make 🤷♂️
Something in the milk isnt clean. She made way too much money for 8 years, plus 3k per month in childsuport , she should've had a rrally nice saving account. Oh she was getting unemployment until a month ago... dont come here play victim manage your money better , she said her living expenses less than 3k
She either has no savings, and now that unemployment has run out she's got nothing. OR she's truly panicking and not seeing that she could do almost any white collar work and there's no reason she should "lose everything".
I over think losing my job situations way too much so I made a list of fall back ideas that I keep in my safe. It makes me feel more comfortable knowing I have contingency plans, and all of them would cover my bills and they’re all very realistic.
I wanted to stay close to my family in Virginia, but I decided to start by career by moving to New Mexico for a $75k job. Got an e-mail out of the blue for a $185k job in Colorado. That job ended up having another position open in Virginia and I moved back, still making $185k. My recruiter never would have found me had I stayed in Virginia because they were looking for people near Colorado specifically. Moving changed my life forever. I'd definitely move if i was her if I could make $300k somewhere else. There's a slim to no chance the friends the kids have today will be there forever.
Yes, this is the middle-age trap - your career gets you to a certain level, and then the economy churns and they find a cheaper option. I have a couple of friends in a similar situation, they've had to take pay cuts. Not massive, but they're coming to terms with the fact that they probably peaked salary wise a couple of years ago.
I absolutely agree. She's probably mid-40's if she's been in the area for 25 years. She's aged out of that industry if she hasn't found work in 8 months.
@mike-yo8qj hth do you "age out" of the IT industry? You don't! She is her own worst enemy not wanting to move her kids out of their schools which is understandable. Yet you do what you need to do to maintain your family and keep it in tact. Stop being all wishy washy and do what needs to be done lady. Sorry not sorry.
Because Dave is a major s1mp and always blames the man for relationship issues. Even though women initiate 8 out of 10 divorces (80%). It’s the women who are breaking up/destroying the families.
That's exactly what I was thinking. He's jumping to conclusions here. And also suggesting that she should move with the kids. As if the father is insignificant.
I like how Dave immediately assumes the divorce was the dad’s fault in a country where women initiate a majority of the divorces. I also like how the dad pays child support but doesn’t get a say if the kids move farther away. Not only is the borrower slave to the lender, but responsibility without authority = slavery as well.
She said that she was getting 3500 with unemployment and a little bit of child support. She is no longer getting unemployment, so she is getting significantly less than that now.
Dave is a major s1mp and always blames the man for relationship issues even though women initiate 80% of divorces. It’s the women who are breaking up/destroying marriages/families.
245k salary for 8 years and $3500 month for child support should equal a hell of a nice savings account. and dave throwing out 300k salary in charlotte or atlanta is delusional. 300k salaries are just not being thrown around willy nilly. she will be real lucky to pull down 150k in any of those markets. more like 75 these days. sometimes i just shake my head at these peoples "advice" but still here i am. lol.
Sometimes there is a disconnect between the normal market and the bumpy road market, particularly in IT, that many people outside of the space miss. It's like the people who say, "you can do anything with a law degree.". They mean well, but their advice may be from a different era or based on ignorance.
M&A is the cream of the crop of the finance world. People start off in this industry making 150k+. There are absolutely jobs in Charolette and Atlanta that would pay M&A salaries of 300k+ Dave is not off point here. I work at a company that frequently buys other companies through M&A activities every year and those fees paid to those firms are outrageous. Edit: I should add that these jobs are usually only gain by being incredibly smart or knowing someone who can get you in. Interest rates have absolutely impacted the amount of activity. I know the company that I work for is usually operating on low debt so they have had more opportunity to buy other companies.
@@treasurethetime2463 exactly. i have lived both as an IT guy. going backwards 25% with no benefits in a bumpy road market and feeling lucky to get that. tech right now is entering into that bumpy road from what i see. thankfully i retired but lived through lots of roller coaster rides in the past 45 years.
Excuse me? How did we get out of that "she lived her life for her husband and kids, the husband dumped her". No, really I want to know where he pulled that out of, so what's funny is I never saw him stand up to give him access to where I believe he got it.
I totally agree with Ramsey. The kids will survive. Military families move all the time out of necessity to provide for their families. They don't have a choice, and the kids understand.
“Where did this lack of confidence come from?” It’s everywhere Dave Ramsey. Open eyes and look around. People are hurting. Unemployment is rising. The cost of everything is continuing to go up.
Listening to stats and news articles is just giving into fear mongering. Who cares about what others are going through? Do what you need to do to stay afloat and you'll realize how much control you had to begin with. Unless your making below poverty wage the price of eggs going up shouldn't impact you. If it is, then you were already living close to your limit to begin with.
@@richardhands904 BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. They join a growing list of companies cutting back on their workforce this year
What about dad? Is he in Dallas? Could the kids live with him? If so, mom could move to another city for a high paying job and pay dad some child support.
Stephanie finds out after destroying her marriage, that her making cute little PowerPoint presentations is not actually worth $245k a year to companies and she's first to let go in times of economic uncertainty. Shockingly, despite being a strong and smart woman earning a quarter million for 8 years, Stephanie didn't manage to save and invest enough to withdraw $1.5k per month to put toward the $2.5k she's getting from her husband. What an amazing lady!
Right? And instead she puts taxpayers on the hook with her 7 months of ‘unemployment’ She could have found a lower paying job and maintained integrity, instead she sat around and complained.
@@adamarcher8359I did want to inform you that you are incorrect about the unemployment being the taxpayers responsibility. It’s not! Whether the gov misallocates funds, that’s on them. But employers pay additional taxes for their employees and unemployment comes from those funds. Employers pay for those funds, not taxpayers. Your penny didn’t go to her if that’s what you’re concerned about.
Sounds like this is a great example of an extremely confident/ arrogant women who had a good job and thought she was on top of the world and didn’t need a husband. Look at her now
I totally disagree with Dave. Uprooting children is not desirable. The teenage years are hard enough, why turn them upside down when she has skill sets that are transferable to other fields. She doesn’t have to stay in M&A.
Dave, You’ve neglected to think about the father in this situation. Maybe he’s near by and has a great relationship with his kids. Moving could change that. Just saying.
Gosh, I was in a military family. Went to five different schools between 5th and 8th grade. I did NOT do well, nor did my siblings. Dave is wrong. Lots and lots of messed up military kids out there.
SHE may have dumped him!!!! So sexist Dave!!!! She may not be able to move at this time, depending on her state's custody rules!!! In PA if the custodial parent doesn't have the other parent's blessing . . . you ain't moving!!!
@@USpatriot741776 I meant saving money to build a big safety net, and not necessarily keeping money in the savings account. Invest the money with enough diversity, but have enough for such scenarios.
If it takes 50k to operate your house and you have made 250k a year for 3 years divorced where is the other 600k? Why do such high earners need unemployment and child support? Also when did Dave hear her say that she lived her life for her husband and then he dumped her??
All kinds of analyst positions available in dept of Veterans Affairs that are all remote. Analyst positions are one of the most popular types of careers that are being done remotely.
Do you blanking people listen. UNEMPLOYMENT and small amount of child support was $3,500. I was on unemployment for 5 months after the corporation I worked for went bankrupt and I was getting around $600 a week, $2,400 a month and I didn't earn quite what this woman earned. So the bulk of the $3,500 was UNEMPLOYMENT and that is temporary, it eventually runs out.
If you listen to this show enough it's money first, family second. Sacrifice your children's childhood for money is the theme of this show. You have to take care of your kids. Obviously if it's poverty or wealth then you should take wealth, but making 150k is more than enough to live a happy healthy life in Dallas
So she was making enough money to retire in 8 years, but 8 months of unemployment has her on the verge of disaster? And she says she's financially responsible??
Moving is stupid -- splitting them up further away from the father. Ramsey assumed that the father was a villain, and is okay to move to some city to make big bucks. What foolish advice.
It’s not a tough job market - it’s just a tough job market for people looking for 240k+ a year jobs who won’t move. Sorry ma’am, you should know at these salary levels personal sacrifices are mandatory, especially in a brutal business like financial support jobs.
Im getting real sick of these calls where it's a woman and she hasn't worked for 8 MONTHS. That's almost a year! And they're going easy on her. I'll do it for Dave since he doesn't have the backbone, get off your butt lady, stop being emotional! Instead of calling Ramsey to whine, you should be calling places to get a job. No excuses!
Moving them across the country away from their dad is a big problem. There is a lot more to it then just changing schools. She needs to get out and start delivering pizzas, as Dave would have told her if it was a man calling.
With that skillset, she could flip from the sell side (investment banking M&A) to the buy side (asset management) and make $100K easily as a starting salary, with lots of upside potential.
The kids will be out of contact with 99.5% of their high school friends within a couple of years after graduation. Giving up $600k so that they can go vape in the mall parking lot on the weekend while they look at their phones instead of each other is a terrible investment.
I run my own business. In 2020 the government essentially shut me down. I didn’t sit around for eight months wondering what I was going to do to put food on the table and take care of myself and my family. I started driving for DoorDash.sorry but there is just no reason why you can’t have a job in two weeks if you really want one
Dave…maybe she dumped the husband? But dave is correct. She has limited herself to M&A in Dallas and, quite frankly,y, salary. I see a pay cut regardless and a move in her future to potentially a different field of work.
Do you people know how unemployment works? Apparently not!! $2,500 + per month would not be uncommon for a high earner.And then the rest would be child support.
Why did Dave assume that she can move out of town? Most divorces settlements state that you can not move out of a 50 mile radius without consent from the other parent..
