Moral of the story: don’t co-sign anything for anybody unless you are willing to pay for the entire thing by yourself.

@RoyalMasterpiece

Жыл бұрын

Big Facts.

@terrancewatson7915

Жыл бұрын

@@RoyalMasterpiece amen

@bee12355

Жыл бұрын

Sounds about right

@chocolateangel8743

Жыл бұрын

He did what he thought would be best for his kids -- and I think he would probably do it, again -- unless he sat down with his ex and they came up with a better solution.

@jonsmith9728

Жыл бұрын

almost always yes..... but when its your own kids, that's gonna be each individuals decision and what it is

Sometimes the kindest thing we can do is to let someone struggle at the deep end and let them figure it out.

@bee12355

Жыл бұрын

Exactly

@MikeWalksWithJesus

Жыл бұрын

Especially when they do it to themselves.

@mercedeswilkins9085

Ай бұрын

Yes this is why is said it’s the help That I didn’t get and do that help me the most.

This is when I would've said "If you can't afford a home, the kids need to live with me."

@lizamarie3472

Жыл бұрын

Maybe he’d rather co-sign than have the kids live with him?

@achavez78

Жыл бұрын

But the family court said otherwise

@shachede6828

Жыл бұрын

Depends on who has custody.

@terriesmith2616

Жыл бұрын

The courts award custody of the kids to the mother 98% of the time, so I doubt the kids can stay with him. The courts would tell him no.

@cryptkeeper5027

Жыл бұрын

Seems to me she got to get rid of him but kept his money in the form of alimony.

I owed the IRS $89 I forgot and 30 days I later got a letter for $150 they are savages

@trainsandlocomotives

Жыл бұрын

Yup

@linuxsurfer2002

Жыл бұрын

The IRS has nearly unlimited power to go after you.

He will sign on the second house as well …. Violin is still playing 😂

@EdwinRodriguez-ql7fg

Жыл бұрын

definition of beta male LOOOOL

Great call, all young men out there. Listen to it a couple of times. The system will expect you to do stuff like this. You heard Rachel said “just trying to be a good dad“ cosigning a mortgage with your ex-wife that can’t pay it is not being a good dad it’s being a dumb man. Don’t do it.

@adamseidel9780

Жыл бұрын

She wasn’t saying it was smart; she was just saying at least his idiotic decision came from a place of love.

@trainsandlocomotives

Жыл бұрын

A mess

@chrisgast

Жыл бұрын

She said "trying". She didn't imply that it was successful.

Morale of the story - do not co-sign anything for anyone.

The instant this woman asked for him to co-sign a mortgage, he should’ve countered with an offer to head down to the courthouse and ask the judge to transfer primary custody of the kids to him.

@carlosmiro4932

Жыл бұрын

And them NOT co-sign.

@georgewagner7787

Жыл бұрын

Then?

@kayn2756

Жыл бұрын

He probably didn't want primary custody. He had a new hot girlfriend 😍 😳 😏

@hornetguy9063

Жыл бұрын

@@kayn2756 could be true

@gent2205

Жыл бұрын

@kay N kind of a weird assumption.

I’m noticing a lot of female friends of mine are worried about their lives once child support runs out. I feel like we’re coming to another pandemic, women who didn’t prepare for this to happen.

@noahzero9380

Жыл бұрын

So they’re abusing the child support smh

Ugh, what’s the point of getting divorced if you’re going to have your finances entangled? If she was so concerned about having a nice house to raise the kids in, she should’ve stayed married. Great advice from Dave. Good call.

@RobTzu

Жыл бұрын

Probably still love her and want to support the kids is the lie he tells himself.

@Weakeyedominant

Жыл бұрын

Sounds like she milked him in marriage and in divorce, this guy just bent over and took it. I bet she sleeps like a baby knowing she owes the IRS 100k when her ex husband has a net worth of 1.6m and needs to bail her out.

@macneoh7418

Жыл бұрын

Men really need to wake up.

@Ovulations

Жыл бұрын

He probably left her tbh

@HoodedStalker

Жыл бұрын

@@Ovulations women file for 80% of divorces, so probability says otherwise

I love when Dave and Rachel are on😁

@linuxsurfer2002

Жыл бұрын

Dynamic Duo!

You don't want to be married, but you wanna buy a house together? I completely don't understand.

@TheHoriginal

Жыл бұрын

For the sake of the kids so they have a nice place to live

@kayn2756

Жыл бұрын

He probably felt guilty for leaving her for his secretary. Guilt makes you do dumb favors

@mercedeswilkins9085

Ай бұрын

@@TheHoriginalppl need to stop doing stuff especially dumb stuff for kids

Anybody else go through spells of binging Ramsey videos ?

@chivosadventures8171

Жыл бұрын

Yes sir that would be me.

@deanmccormick8070

Жыл бұрын

Indeed I have. Until I got a good handle on how the baby steps worked together.

@ruthirwin8222

Жыл бұрын

Yep

@KillstormSH

Жыл бұрын

No. You are the only person on the planet that does that. Nobody else does it.

@masonspencer4576

Жыл бұрын

Hi

Dude called from Kansas city where he could sell the house to buy a good house for 300k, give 150k to the irs, and still have 50k for the ex wife. How on earth does she live in an 850k house?

This is Kanas City, sell the house and get something more reasonable for her situation The kids will be okay with a move.

@linuxsurfer2002

Жыл бұрын

He has to get her to agree to sell though.

You caller "Mark" so lucky that Sir Dave got to answer your question not his minions✌️. That's hella of answer. Well done Sir Dave💯👏

Great advice! Just don't write the check until she agrees and house is sold.

You know when the title of the video makes you laugh out loud, that it's going to be good

That's some great advice Dave gave. 10k to 20k is a cheap stupid tax given the situation.

@linuxsurfer2002

Жыл бұрын

Hopefully the ex agrees to it.

That was one of the stupidest things EVER!! You NEVER cosign for anyone!!

This caller is a good man and dad who thought he was doing a good thing for his kids. Bless his heart. Good luck. She better not have another man in that house.

@PInk77W1

Жыл бұрын

100% she does have another man

@terriesmith2616

Жыл бұрын

$10 says she has another man in the house.

@cryptkeeper5027

Жыл бұрын

I'll bet she does.

@kathleenphillips7145

Жыл бұрын

I never received any child support but bought my own house while fully supporting my two children to adulthood. As a single mom, I don’t understand anyone who does not pay their own way. Responsibility for one’s own actions is a requirement. That way we have no one to blame but ourselves.

@formula112967

Жыл бұрын

They always have another man in the house....I am not saying that OJ should have done it, but.........

Good luck trying to get her to sell something she doesn't have any responsibility for.

@PInk77W1

Жыл бұрын

It gets the IRS off Her back. But I think you’re right

@linuxsurfer2002

Жыл бұрын

She owes the IRS, plus she owes the mortgage, right?

@PInk77W1

Жыл бұрын

@@linuxsurfer2002 the mortgage has Tons of equity

@linuxsurfer2002

Жыл бұрын

@@PInk77W1 Yes, but that only helps if she sells the house. I'm saying her debts are good reason to sell the house.

@PInk77W1

Жыл бұрын

@@linuxsurfer2002 you are using reason. I don’t think girls use reason

Simpin` ain't cheap. This guy has to pay stupid Simp tax. Lessons learned.

Go save your ex, hero!..Save the day! She will survive... you may not

I refuse to bash this guy. He was thinking of his kids and trying to do the right thing. Hopefully his ex will listen and sale the house like Dave advised!

@macneoh7418

Жыл бұрын

He is a fool and if the mother can't afford the kids, then she shouldn't have custody. He's teaching his children how to be a simp.

@linuxsurfer2002

Жыл бұрын

He was thinking of the kids, but he forgot one of the cardinal rules of debt - never co-sign anything for anybody.

@cjhoward409

Жыл бұрын

He should’ve filed for full custody then. Simple as that

Great entertainment Dave!

This man is still in love with his past. I wish him the best.

Make sure she lives up to her part of the bargain. I wouldn't trust her.

@linuxsurfer2002

Жыл бұрын

She's not trustworthy, for sure. Everything needs to be part of a court order and/or contract from this point on.

Never mess with the IRS ever!!

The guy who used to do my house repairs had a history of cosigning loans for friends. Every so often someone would quit making their payments and he'd have to start paying off the loan of someone he often didn't even know anymore.

I feel better about my divorce now. Thanks Mark!

@georgewagner7787

Жыл бұрын

Lol

Its crazy how she laughs about it in a meaningful way

Time to talk to a lawyer

I like Rachel being on the program with Dave. The other presenters just parrot what Dave says but Rachel is not afraid to gently call him out when he says stupid ( inappropriate ) things.

@jessem4659

Жыл бұрын

Dr John is great as well. He's the best at balancing dave with a completely different perspective. He's the only personality where Dave learns something from them.

It’s cheaper to keep her… Or She trapped him with a baby.

He did a dumb mistake I would have just paid more child support instead of co-signing also this lady doesn’t sound responsible enough to handle finances nor take care of kids.I would give custody to the father

Don't ever Co-Sign as you don't want to get into HOLE (court) or deep dump (mess up your life).

My question is why are the kids living with the mom when the dad is more financially stable and suited as the best provider for the children .

@carryonjeeves

Жыл бұрын

My thoughts,too.And that may explain his choices, motivated from guilt. There may have been infidelity on his part.

@Chromewarrior

Жыл бұрын

Family courts are not finance people; mom gets the kids 90% of the time… they make sure dad covers any shortfall.

@clarity2974

Ай бұрын

A lot of men don't want that full time responsibility.

If you are on child support then there is no room for any type of sympathy from my part, even if you are the mother of my children. The fact that you had to put me on child support rather than us working it out tells me everything I need to know.

My dad warned me about co- signing since I was 6 years old. Best advice ever!!! Co- signing becomes a debt trap

Hahaha 😂 KGB I mean the IRS 💀

That kitty must be too good to step away from

@msuspartan2016

Жыл бұрын

😂

@cherrypieforbreakfast1499

Жыл бұрын

Probably was at one point.

@reesercliff

Жыл бұрын

Then kids ruined it.

The only thing I'd sign for my ex is an arrest warrant

The fact that the children are living with that out of control lunatic just goes to show how comically stupid our courts are

@katiejon17

Жыл бұрын

This. I’m a wife and mother - children should be with the better parent, if being with both doesn’t work out.

@John3.36

Жыл бұрын

You only know one side of the story.

@genxx2724

Жыл бұрын

He’s probably busy at work all the time and couldn’t take care of the kids day-to-day.

If you see poop on the floor, and you see a sign says don’t step on it 😂 and u read the sign you still stepped on it 😂 u must be a simp

Once a simp. Always a simp.

@lizh4933

25 күн бұрын

simping, whimping.................

He must have a good attorney to be sitting on $1.2 M, and his EX-wife can't afford to qualify for a mortgage, or good pre-nup. Or she throws money away faster than she gets it.

For anyone else who find themselves in the callers situation and wants to help because of the children.....what he should have done is buy the house outright, then charge his wife rent. I'd assume he could deduct the rent from his child support payments, but if not, then even if she neglected to pay rent, at least he is only out the rent, and not out the entire house.

Talk to a mortgage advisor. There are new rules and it’s easier to get yourself off a loan as a co-signer now.

@DoctorSmartyPants

Жыл бұрын

Like how?

@georgewagner7787

Жыл бұрын

What About in ny? Does it cost anything?

She got this guy coming and going. Don't marry, don't cohabitate. No accountability.

@trachito

Жыл бұрын

Yup! I learned this the hard way. Got divorced 19 years ago, recovered my losses, and haven't cohabitated nor remarried since.

@dustinwalker9932

Жыл бұрын

Not huge on marriage myself I don't ever envision myself getting married, too much risk on my part, but cohabitate? If my girlfriend lives with me I don't see too much of a problem or risk IDK maybe I'm wrong.

@Jim_Curtis

Жыл бұрын

Only Dave simp Ramsey advises men to pay stupid taxes to women in a case like this. No, he should play hardball and go for full custody in court and get the family court to remove her off the home with a court order. The lender can remove her off title with a court order.

@georgewagner7787

Жыл бұрын

Don't cohabitate. It's unfair. And someone has to marry and have kids or there won't be any.

@robertbell525

Жыл бұрын

@@Jim_Curtis good idea, should be easy to demonstrate irresponsibility on her part and she's in danger of being on the street with the kids. But what will probably happen is they will order him to pay her debt and then they will charge fees.

I just readed the title............🤣😂😆👏👏👏

There’s no tax more painful for men than simp tax. 💁‍♂️

@PInk77W1

Жыл бұрын

If it gets rid of Karen, so worth it

@formula112967

Жыл бұрын

@@PInk77W1 If you never married Karen, you wouldn't have to be a simp......does that make sense?

@PInk77W1

Жыл бұрын

@@formula112967 if your mom and dad hadn’t married, u wouldn’t exist. Does that make sense ?

What Dave said at the end my parents have done with my siblings and nephew!! And no matter what I say to explain this to them they just don't get it. This stuff is REAL!!

In three yrs the irs interest will eat up her equity. Sell now and rent.

😂 “Oh boy… I’ve heard this before…”

0:29 Her face says it all 😂

Getting married is a bad ROI 50 percent of the time. Men lose most of the time in divorce. In the first seven years of marriage . 50 percent of marriage end in divorce. Why are parents not telling the kids about this.

So basically bribe the ex wife. AWESOME!

Rachel's reaction after the question at 2:53 👀

850 for the house. That must have been some violin playing

Awesome video

Men complicate their lives then try to justify why they did, sad story of man.

@linuxsurfer2002

Жыл бұрын

Sure, but life is just more complicated when you add in women and children.

This is Tough! 😢

My first car my dad cosigned and I made all payments. Glad it wasn't bought for me- but this guy's in a different situation.

that must be Dave's favorite shirt, because it's the only one i ever see him in

Dave left something out in his advice, get the offer in writing by a lawyer, otherwise it's just a verbal agreement.

No way anyone but dave would have been able to give this suggestion.. (in the current team) That's experience..

@genxx2724

Жыл бұрын

💯

Never ever co sign ever

The world only has so many men like mark left in the world… when they disappear, things will get a bit spicy for some people.

@MarkTrueblood

Жыл бұрын

Maybe things need to get spicier. Maybe more people need to see the wolf at the door. It is what it is.

Can't think of more of a simp move than signing a mortgage with an ex

@djpuplex

Жыл бұрын

Giga simp move

Must have been some tight stuff to sign ur life away

Awful lot of house...850!!

Ramsey correctly labels this as a dumb decision but then goes apoplectic hysterical when married couples say they want to keep separate finances.

@mightyminifarm

Жыл бұрын

Which is very good advice.

I wouldn't co-sign on a bird house for my ex wife.

As with many of these Dave Ramsey calls , there must be more to the story that we don’t know. What could possibly explain such an illogical action as co-signing a mortgage with your ex-wife?

@laurendearnley9595

Жыл бұрын

Most men are decent and will sacrifice their own happiness to make their families, especially their children, happy. Some men are also stupid and naive and gullible. He's in the overlap.

@trachito

Жыл бұрын

@@laurendearnley9595 I admit, I was that guy. I wised up.

@georgewagner7787

Жыл бұрын

Maybe he felt guilty

@robertthompson5908

Жыл бұрын

That’s my guess.

@Elizabeth-yg2mg

Жыл бұрын

He's a softie and wanted the kids to live in a nice house. Would have been better if he'd bought the house, she made payments to him and he could later transfer house to her if she'd kept up. I hope he doesn't help her again. They're divorced after all.

I love the slight pause at 1:03

No. Just no. If I had an ex with this problem, I would take the kids full time until she gets her business in order. Never would I cosign a mortgage with her, especially if she's an ex. She's an ex for a reason. If she gets foreclosed on, then she gets foreclosed on. At least I'll give the kids a place to stay for the moment until she fixes her own problems or the kids age out, whichever comes first. This is assuming I got divorced in the first place.

Why are the kids with the parent that can't support them?

This caller is so cute and funny!

hahaha. we've found the top simp.

It's a hard life for a simp.

It’s crazy get out of debt and if you don’t listen you are trapped in this mess and cannot get out of this mess and she doesn’t pay her bills is crazy

When my son got divorced, the judge said they needed to sell their home that they bought together and then each buy or rent separately what they can each afford separate from each other.

Dave was surprisingly very nice to him

I would add do not give gifts that have ongoing expenses or responsibilities. A simple example is buying your parents a dog. The ongoing expense and responsibility may be more then you parents can handle.

This guy is soo naive.

@susanedghill609

Жыл бұрын

in some things maybe.....but not in his finances....he said he has 1.6m

The guy should file for immediate custody of the kids because she can't pay her taxes. She's not taxed on the money she gets from him.

@eos_2366

Жыл бұрын

Why would he? He’s a good father, he obviously wants his kids to see their mother as well.

@Jim_Curtis

Жыл бұрын

@@eos_2366 Him getting full custody does not mean she is denied visitation rights to see the kids. But she obviously cannot manage money well enough to provide the kids a stable home. She's wasting money on other things because he's providing enough.

He will make an offer and she will try to "up" the buy off amount....

Isnt it amazing that when the support that is supposed to be for the kids affects the divorced moms so much when it goes away? Wouldnt one thing that the mom should be supporting themselves? If not then it seems that child support is always way out of line...

Just make sure you don’t pay her until the house is closed.

This whole situation is a product of no-fault divorce. If you’re spouse is good enough to co-parent with, they are good enough to stay married to.

@alrbredwall

Жыл бұрын

That's right!

@Dark_Souls_3

Жыл бұрын

Well that’s kinda making a molehill out of a mountain, isn’t it?

@James-Lifts

Жыл бұрын

Lol

@janelleg597

Жыл бұрын

Your

@roshunepp

Жыл бұрын

It's easier to get along with someone that you can just turn off.

Paid off 16000 car by selling it. Bought a 2000 dollar lemon Put 2000 Into it Now payment free.

@unfairsanic5089

Жыл бұрын

Smart

@PInk77W1

Жыл бұрын

Smart.

If it has a tax lien would it have to be sold to satisfy the irs debt? If so he’d be off the loan right once sold? I’m not an expert but makes sense to me.

@linuxsurfer2002

Жыл бұрын

I believe they could satisfy the debt with other funds (without selling the house), but given the amount of money she owes, this is probably the most logical way to get it paid off.

@wenchyfoodwench4098

Жыл бұрын

@@linuxsurfer2002 yeah it looked to me like she’s not really going to be able to keep Up with it, ya know?

Wow that was dumb. Thankfully I have not done that one.

So Dave want's him to pay the lien, and her to sell the house? Dave still does not want to blame the women.

@PInk77W1

Жыл бұрын

She has no money. Waste of time to blame her

@reese85

Жыл бұрын

Either pay her to sell or go down with it! It’s actually pretty simple yo and she’s technically not the blame, cuz he didn’t have to co-sign for her

@terriesmith2616

Жыл бұрын

@Jimmy McGill According to Jim Roscovious, your comment would be considered "trolling" since you dare to disagree with Dave.

@DoctorSmartyPants

Жыл бұрын

No he did not say that. The lien is 100k. Dave says sell the house and use proceeds to pay the lien. Not sure what the 10 or 20k would be for, honestly.

@jimmymcgill6778

Жыл бұрын

@@PInk77W1 SO. It is her fault for not paying it. Now he can go to the court, and the kids can now live with him.

I swear I’ll never co-sign anything for anyone

“Get you off”

When dave says woooow ..you know its bad

Sounds like something I would do

Co-signing enabled her to avoiding finding her own path