Dr. John Deloney
👤 SpeakerAppearances Over Time
Podcast Appearances
Here's what we're going to give you, Jack. I'm going to hook you up with two.
Here's what we're going to give you, Jack. I'm going to hook you up with two.
Here's what we're going to give you, Jack. I'm going to hook you up with two.
two different codes so that you can watch all nine of the the financial peace university lessons digitally and you can send him one he can watch it on his own okay i'm gonna send you that but here's something important that i want you to hear me say what you are trying to do is respectable and loving you've got ulterior motives like we all do you don't want to get stuck with this down the road right but you also you've been watching your dad hurt for a while fair
two different codes so that you can watch all nine of the the financial peace university lessons digitally and you can send him one he can watch it on his own okay i'm gonna send you that but here's something important that i want you to hear me say what you are trying to do is respectable and loving you've got ulterior motives like we all do you don't want to get stuck with this down the road right but you also you've been watching your dad hurt for a while fair
two different codes so that you can watch all nine of the the financial peace university lessons digitally and you can send him one he can watch it on his own okay i'm gonna send you that but here's something important that i want you to hear me say what you are trying to do is respectable and loving you've got ulterior motives like we all do you don't want to get stuck with this down the road right but you also you've been watching your dad hurt for a while fair
Fair. Okay. This will end with the destruction of your relationship with your father. And here's why. When you co-sign on a loan with your dad, it's the same thing I tell parents to not co-sign on student loans. If you can't afford it, you can't afford it. But what you end up doing is you put a transaction between two people that should be ride or die together, a father and a son.
Fair. Okay. This will end with the destruction of your relationship with your father. And here's why. When you co-sign on a loan with your dad, it's the same thing I tell parents to not co-sign on student loans. If you can't afford it, you can't afford it. But what you end up doing is you put a transaction between two people that should be ride or die together, a father and a son.
Fair. Okay. This will end with the destruction of your relationship with your father. And here's why. When you co-sign on a loan with your dad, it's the same thing I tell parents to not co-sign on student loans. If you can't afford it, you can't afford it. But what you end up doing is you put a transaction between two people that should be ride or die together, a father and a son.
And there's going to come a moment when he doesn't come through in a certain month and he can't make that payment and you're going to get the bill. And here's what's going to happen. You're going to get enraged as you should. And then you're going to begin to resent him. And that's not his fault. You signed the loan. And so the greatest gift you can give him is a son who's always in his corner.
And there's going to come a moment when he doesn't come through in a certain month and he can't make that payment and you're going to get the bill. And here's what's going to happen. You're going to get enraged as you should. And then you're going to begin to resent him. And that's not his fault. You signed the loan. And so the greatest gift you can give him is a son who's always in his corner.
And there's going to come a moment when he doesn't come through in a certain month and he can't make that payment and you're going to get the bill. And here's what's going to happen. You're going to get enraged as you should. And then you're going to begin to resent him. And that's not his fault. You signed the loan. And so the greatest gift you can give him is a son who's always in his corner.
And by putting a bank between the two of you, you're setting up your relationship for failure. So saying, dad, I love you. I just ran into these guys. This thing's amazing. Because here's what your dad needs to do. If he's only making 40 grand as a real estate agent, he's got to go to Walmart and start throwing boxes. He has got to go sit in a drive-thru from 8 p.m. until 2 a.m.
And by putting a bank between the two of you, you're setting up your relationship for failure. So saying, dad, I love you. I just ran into these guys. This thing's amazing. Because here's what your dad needs to do. If he's only making 40 grand as a real estate agent, he's got to go to Walmart and start throwing boxes. He has got to go sit in a drive-thru from 8 p.m. until 2 a.m.
And by putting a bank between the two of you, you're setting up your relationship for failure. So saying, dad, I love you. I just ran into these guys. This thing's amazing. Because here's what your dad needs to do. If he's only making 40 grand as a real estate agent, he's got to go to Walmart and start throwing boxes. He has got to go sit in a drive-thru from 8 p.m. until 2 a.m.
serving coffee or takeout or whatever. He's got to go make some more money. And by the way, he can do that doing quote-unquote less sophisticated tasks, whatever crap that is. He can go make more than $40,000, but he's just got to get on the horn.
serving coffee or takeout or whatever. He's got to go make some more money. And by the way, he can do that doing quote-unquote less sophisticated tasks, whatever crap that is. He can go make more than $40,000, but he's just got to get on the horn.
serving coffee or takeout or whatever. He's got to go make some more money. And by the way, he can do that doing quote-unquote less sophisticated tasks, whatever crap that is. He can go make more than $40,000, but he's just got to get on the horn.
He may have to sell a car or two. He may have to sell a house and move down to a condo. He's got to make some grown-up dad decisions. But, dude, I want to honor your heart, man. And I know you see this thing coming and you're already doing the math being like, dude, I'm going to have to pay for this. But I get it. It's tough, tough, tough.
He may have to sell a car or two. He may have to sell a house and move down to a condo. He's got to make some grown-up dad decisions. But, dude, I want to honor your heart, man. And I know you see this thing coming and you're already doing the math being like, dude, I'm going to have to pay for this. But I get it. It's tough, tough, tough.