We are SO BROKE, We Don't Know What To Do!

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[jodylarson]

Solar panel sales guy said, "We can cut your electric bill in half!" My electric bill is $110 per month. I said, "So you're going to save me $55 a month? That's $660 a year, and at that rate it will take 30 years to recoup my investment." He hung up.

[PristinePerceptions]

She's not laughing because she thinks it's a joke. It's her defense mechanism. Good thing Dave put her on the plan. They need it.

[truegrit]

I've been in financial trouble before. Now, I own my car, I own my house and I have zero debt. I don't have a ton of money, but it is cheap to live if you have no debt. My rule of thumb, don't jeopardize my savings, and if I can't easily pay cash for it, I can't afford it. Also, just because I can afford it doesn't mean I need it; needs v. wants. The only bills I get are utilities; I can't tell you how good that feels.

[Red]

This lady is wise to have called into the show. She is not stupid just afraid and has a way out. The question is does she and her husband have the willingness to make change. Change is hard.

[Shoeslyyork]

A few years ago my home caught fire. The fire department was able to save my home thank God but as I was helpless watching my roof burn I had an epiphany, "it's just stuff!!" You don't need stuff to make you happy. The moment you stop wasting money on "stuff" your financial worries get less and less.

[Rashaadthegr]

Solar panel with a loans and house debt is literally the epitome of debt on top of debt.

[vjs]

Definitely don't sell the house. Rent will cost more than your house payment. And they are going to raise the rent so high that noone can afford to live.

[andreaj]

I don’t know if selling their house is the right idea with the rising rent in America. I think their house will help shield them.

[fueledgaragetv]

Selling the house is rarely the answer anymore. I sold my house in 2010 and started from scratch and for 10 years my rent increased literally more than my annual pay increase. Now bought another house, I’d rather be broke with a roof and equity than broke and covering landlords increase each year.

[vangtk]

Dave: “Better than I deserve. How are you?”
Caller: “I’m great! We’re broke and don’t know what to do!”

[danielle]

Honestly just sitting down and making a weekly/monthly budget on a simple Excel sheet makes such a difference! It helps you to have a visual of how much is going in and out, and you can see what you can cut back on/how much you can spend. It has been a life saver for me.

[Jane]

Hey 36 years old and they are super smart you know what she really needs to do is to need to accept the fact that she needs to go back to work outside the home

[Swedetwin]

"Of course I don't want to resent my Dave talked right over this sad, yet revealing comment. It clearly shows that she does not hold herself accountable for failing to control her spending.

[autistic-lutheran-carnivore]

I believe most people think "If I can afford the payment, I can afford it." Change your thinking! "If I cannot purchase it in cash in full, I cannot afford it."

Another thing about purchasing stuff with debt is if it can legally be taken away from you for any reason (i.e. failure to make payments) is it REALLY yours?

[gracelikerain]

She reminds me of myself I'm very unorganized I thought I was broke till I looked at my income taxes WHERE DID ALL THAT MONEY GOOO but I've been learning about managing my money being more organized and thanks to shows like these I've given up the monthly payments lifestyle and I'm about to pay off all my debt little by little and after I will invest !

[savebees]

A rental at this point would probably be more expensive than staying in the house.

[StephanP]

How can people live like this? What boggles the mind is that most people live this way and think it's normal. This is freaking crazy!

[profitmix]

She agrees with everything but doesn’t seem like they will do it. I meet ppl like this all the time.

[franknberry]

I've been debt free since 2005 and it feels wonderful!

[Ingridlourd]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.