So when are you going to have the talk?

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Jan 17, 2023
4:47:38pm

kccougar Truly Addicted User

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kccougar

Bio page: kccougar
Joined: May 29, 2001
Last login: Jun 1, 2024
Total posts: 88,834 (15,139 FO)

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Messages

Author

Time

<< Deleted >>

wildlandfireguy Walk-on

1/17/23 4:39pm

Sounds like he is bad at his job

Turnpike Lane

1/17/23 4:39pm

I don’t think he will be moving out of my house anytime with that amount of debt. I’m curious what is employer would

wildlandfireguy

1/17/23 4:40pm

Joke is on you then.

Turnpike Lane

1/17/23 4:41pm

You are right. The big joke is on me.

wildlandfireguy

1/17/23 4:43pm

Does he tithe?

Stalwartbob

1/18/23 11:06am

Give him a deadline...You gotta get him out of your house.

TrueBlue67

1/17/23 7:05pm

FINRA would definitely take

vandalcoug

1/17/23 7:09pm

You sure? Looks like he's taking advantage of free or cheap money at every turn

kccougar

1/17/23 4:42pm

Doctors are fat, and religious leaders sin. Knowing what to do and doing it

cougaman

1/17/23 4:43pm

I know a fat Lady fitness instructor. She lost 140 lbs

calvindyer

1/17/23 11:49pm

Maybe he prescribed to the idea that owning debt during inflationary times is

SnickSnack

1/17/23 4:40pm

Mortgage debt? Credit Card debt? What’s the difference?

mvtoro

1/17/23 4:43pm

Haha, yeah it's a distinction worth paying attention too.

SnickSnack

1/17/23 4:48pm

Kiss off the 2K❗

MichCoug

1/17/23 4:40pm

2K is the least of the worries. You could have a long term house guest.

Ycrazy

1/17/23 4:43pm

$100k is enough to make serious progress on the debt.

Cougar-Duck

1/17/23 4:40pm

He has a wife, a child and another child on the way.

wildlandfireguy

1/17/23 4:43pm

So they have a small family and they are that deep in debt? Crazy how people

Ycrazy

1/17/23 4:44pm

Apparently you've never tried living at Disney World for a year. It adds up.

dYrtbYkerYder

1/17/23 5:24pm

But, always first in line for the rides.

Stalwartbob

1/18/23 7:57am

If he's not paying rent he should easily be able to put $2k/month toward the debt.

John Doe

1/17/23 4:49pm

Charge them rent, and then if you want to be a sweetheart contribute it to paying off his CC debt.

mvtoro

1/17/23 4:56pm

Still. I’m guessing the aunt isn’t charging interest (certainly not 19%). Living with you he should be able to get a

mvtoro

1/17/23 4:54pm

Aunt is now charging $100/month in interest. I’m frustrated because I don’t think they can afford to live outside of my

wildlandfireguy

1/17/23 4:58pm

How does a grown man with a family put himself in that position? Stunning.

Backcountry

1/17/23 5:04pm

People are dumb. It proves itself in millions of ways every day.

mvtoro

1/17/23 5:08pm

Lack of self-control. Some people who suffer from depression are also impulsive spenders to make themselves feel better.

John Doe

1/17/23 5:08pm

100k on debt isnt hard. A decent czr can cost 60 to 100k , Heloc to

CarolinaCoug

1/17/23 5:22pm

I don’t think anyone thinks it’s hard to swipe the card. They’re saying how can anyone be irresponsible enough to keep

mvtoro

1/17/23 5:31pm

This isn't going to end well.

dYrtbYkerYder

1/18/23 7:55am

A guy making $100k can easily afford to live outside your house.

kccougar

1/17/23 5:06pm

I wouldnt say easily in Utah. But he could put a roof over his head.

Backcountry

1/17/23 5:49pm

Easily.

kccougar

1/17/23 9:45pm

In 2004

Backcountry

1/17/23 10:10pm

2.4% Yeah, she’s a sweetheart, but to someone who ignores their CC debt that tiny rate feels more like a justification

mvtoro

1/17/23 5:07pm

Don’t enable this. He needs to man up and ride this out. Either it will end up

cougarim

1/17/23 5:11pm

Of all people he’s best prepared to show you the plan to get out of your house,

BYU'01

1/17/23 5:13pm

With $100K/annum, he can live outside your house. I’d tell him if he wants to stay after 1 Feb. he has to give you $5K

mvtoro

1/17/23 5:20pm

A man's greatest skill oftentimes is being low maintenance.

calvindyer

1/17/23 11:52pm

Hopefully you gave them a deadline on when to move out by

Huge Manatee

1/17/23 4:41pm

is his dad this doctor?

hxmCougar2000

1/17/23 4:42pm

Please post his name so none of us ever get suckered into using him

Backcountry

1/17/23 4:43pm

Probably should but I think some people on here work for that company.

wildlandfireguy

1/17/23 4:44pm

Yeah, don’t do that

JOPE

1/17/23 4:51pm

Did you not know before allowing them to move in? No preset amount of time? No details?

Grit for Brains

1/17/23 4:44pm

They called my wife and said we are moving back to Utah we need a place to stay for a few weeks before we get a place.

wildlandfireguy

1/17/23 4:45pm

Rental properties run credit checks. He may not qualify to rent at most places.

Cougar-Duck

1/17/23 4:47pm

Yeah he won’t qualify.

wildlandfireguy

1/17/23 4:48pm

You could try to charge them rent

Huge Manatee

1/17/23 4:50pm

I am going to. They have 0 savings and he just came home with a new PS5. I’m ticked.

wildlandfireguy

1/17/23 4:54pm

Change the wi-fi password and see how much enjoys playing it w/o internet

Huge Manatee

1/17/23 4:58pm

Ahhh, also addicted video game guy. They clearly have a multitude of problems. Won't learn until the hard knocks come.

Grit for Brains

1/17/23 4:58pm

Repo it.

Backcountry

1/17/23 5:04pm

Yeah. That would be the end for me. I’d tell him to return it and send the money

Nakedbootleg

1/17/23 5:10pm

This is the best part of this story so far. Alpha move on his part

DiamondMo

1/17/23 6:03pm

no way this is real

CrashMcLarson

1/17/23 6:07pm

Please, please, please tell me this is true. You can't make this stuff up.

Spaniard

1/17/23 6:50pm

So when are you going to have the talk?

kccougar

1/17/23 4:47pm

I don’t know how to have the talk. They will be on the street if I do.

wildlandfireguy

1/17/23 4:56pm

But nothing will ever change unless they see that as their reality.

Grit for Brains

1/17/23 4:59pm

No they won't.

dYrtbYkerYder

1/17/23 5:20pm

RE: They called my wife and said we are moving back to Utah we need a place to stay for a few weeks before we get a

Grit for Brains

1/17/23 4:49pm

RE: They called my wife and said we are moving back to Utah we need a place to stay for a few weeks before we get a

doctorcoug

1/17/23 4:49pm

Big reason I just don’t trust financial advisors. Most the time they’re far

Chefcurry

1/17/23 4:46pm

Honestly it's alot, but not alot. They can make a serious dent in that in a

byubyu

1/17/23 4:46pm

Especially with no mortgage or rent

Turnpike Lane

1/17/23 4:48pm

Oh. I’m going to start charging them rent.

wildlandfireguy

1/17/23 4:53pm

This $50k debt was racked up in 9 months. They blew through their $40k they made from the sale of their house and

wildlandfireguy

1/17/23 4:52pm

Everyone looking for a financial planner in Lehi is now looking elsewhere

Don Carlton

1/17/23 4:48pm

I feel sorry for the aunt.

LeGrandBleu

1/17/23 4:49pm

He had a 15 year plan to pay her back. She will be dead by then. She’s really upset.

wildlandfireguy

1/17/23 4:54pm

She should ask him to sign a note that she can transfer to someone else after her death. It’s her money.

mvtoro

1/17/23 5:01pm

She should've known better.

dYrtbYkerYder

1/17/23 5:22pm

If they're serious about paying off the debt, they could do it comfortably in

shoganai

1/17/23 4:49pm

With that type of debt, I would seriously hope the wife starts working

JOPE

1/17/23 4:49pm

You need to tell TNT to hit the bricks....oh, wait.. did you say wife..nevermind

Methusaleh22

1/17/23 4:50pm

He sounds like the Milosh of financial planners

GRCoug

1/17/23 4:51pm

His aunt must be loaded. My aunts are well enough off, you think they would loan

Avery

1/17/23 4:57pm

Oh man, that’s so rough. What’s scary is he is giving financial advice.

Tuskaloosa Cougar

1/17/23 5:08pm

IMO, you should not have taken them into your home. If they are going to be

cougarim

1/17/23 5:16pm

Yep. I wouldn't let them stay but if they did I would say to him that I own his finances at that point

CSoul

1/17/23 6:06pm

So he pays you

Archaea

1/17/23 5:23pm

how do you know his income?

lukeskywalker

1/17/23 5:27pm

If he really makes $9k a month he should be able to put $3-4k a minimum toward

Socrates Johnson

1/17/23 5:33pm

This. The credit card debt should be gone or close to gone inside of a year if

Ddean

1/17/23 7:29pm

If he only makes $100 per year no wonder he is in debt

ballen

1/17/23 5:41pm

yeah that didn't seem like a lot to me but I'm no financial guru.

qwerew

1/17/23 5:49pm

RE: If he only makes $100 per year no wonder he is in debt

flatliner

1/18/23 9:18am

Should have bought oil stocks back in 2020-Covid start

bad84cougar

1/17/23 5:54pm

<< Deleted >>

andrewg3

1/17/23 7:24pm

Why did you let him move in? Trying to decide who’s dumber.

canofpicante

1/17/23 10:21pm

Do they have kids?

UNLVcougar

1/18/23 12:04am

Yes. 1 with one on the way.

wildlandfireguy

1/18/23 8:40am

Is he really making 100K a year?

Jennerstein

1/18/23 12:29am

It’s going to be really awkward

CrimsonCardinal

1/18/23 5:59am

He only makes $100k. No way he's on CB.

Methusaleh22

1/18/23 7:23am

Dave Ramsey is perfect for a family like this! But him Dave's program!

HTCougar

1/18/23 7:51am

Change the wifi, disconnect hot water, shut off electricity to his bedroom ...

davidsonlaw

1/18/23 9:03am

Why the delete?

JupiterJones

1/18/23 10:55am

His HCBW told him to?

davidsonlaw

1/18/23 11:04am

maybe felt bad. Could be the BIL is already hurting him self enough, maybe not

Tuskaloosa Cougar

1/18/23 11:06am

He’s in trouble. Gonna be sleeping in the newly vacated basement for a while.

ballen

1/18/23 11:07am

I thought that maybe I shared too much info on him. I don’t want him to lose his job because of my post on here.

wildlandfireguy

1/18/23 3:09pm

Fair enough. I hope things can be smoothed out between you and your sister.

JupiterJones

1/18/23 4:03pm

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