and finally got dh to realize that we just cannot afford our house. We are in over our heads. Realistically we need to get out of CA. But dh's center is losing 7 employees to retirement by the end of this year & they are already understaffed to begin with. The likelihood of us getting a transfer is slim to none. :( I hate thinking we will be slaves to this home til he retires. Then we have to pray our home sells, cause we have a 30 yr mortgage that we will NOT be able to pay when he retires, and his job has mandatory retirement. Why did I trust my dh when he said we could do this? (cause I was so desperate to not rent anymore i guess...)


And i gotta know - everyone talking about Dave Ramsey previously had mentioned rice & beans! LOL No mention of that in this book, whats up with the rice & beans? LOL

We probably got rice and beans from the radio show. It's his way of saying to cut the food budget. ;) He also says to "sell so much that the kids think they're next." Actually, there are a lot of Dave Ramseyisms that are pretty funny.

I can't imagine trying to live in CA. Seriously, can't fathom it. My DH makes a nice income, but we'd be BROKE there. I don't see how families can even begin to consider a house on less than $250k income a year in some CA cities, the housing prices are so nuts.

I haven't read the book but generally speaking, the idea is not that you will have your home paid off by retirement (lol well, it is BUT), you have to also consider how much equity you will have in your home by the time you retire, you could always sell it and move at that point. Now, I am not saying you should stay in a position that makes you house poor... well, anyhow, I don't know enough of your situation to even begin to try and put two cents in.

I haven't read the book but generally speaking, the idea is not that you will have your home paid off by retirement (lol well, it is BUT), you have to also consider how much equity you will have in your home by the time you retire, you could always sell it and move at that point. Now, I am not saying you should stay in a position that makes you house poor... well, anyhow, I don't know enough of your situation to even begin to try and put two cents in.

we got 100% financing & a 30 yr mortgage on a house that costs us more than 1/2 of dh's take home pay per month. Dh is very bad with money. He kept getting us in messes financially, then I would bail us out & he would take over again thinking all was well. He just got us in a really,really bad mess that I had to get us out of again. Now he is no longer allowed to touch the money & now that *I* am in charge I know that if we want to put our kids through college (our oldest is 15) & retire nicely, we cant afford this house. I want to live in a house that we can afford, not one that we can barely handle & absolutely must sell once he retires. We do have a 401K, but had to take out over half of it to get out of the recent mess. We could get a cheaper house in CA, but I do have a standard of living i want to maintain & areas I am just not willing to live in. I wont pay$450,000.00 for a crappy house in a bad part of town, yk? sigh....

I really like Dave Ramsey. He offers great advice with a sense of humor. We would love to move to CA, it has ideal temperature for us.....but, we couldn't afford a cardboard box to live in there, lol. When we bought our home, we bought 20k under what we were "approved" for. When we looked at our expenses there was no way we could afford the house the bank said we could.

I really like Dave Ramsey. He offers great advice with a sense of humor. We would love to move to CA, it has ideal temperature for us.....but, we couldn't afford a cardboard box to live in there, lol. When we bought our home, we bought 20k under what we were "approved" for. When we looked at our expenses there was no way we could afford the house the bank said we could.

We bought for $250,000.00 less than we could have got a loan for!!!! insane!

You just need to move to Tennessee near me. Not only is it sooooo much cheaper, just think how much we'd save on shipping packages back and forth. :)

Aileen