Emily (Caller)

And so I guess my question is, if it would be a good idea for us to put money into dividing my dad's house to make it like a more sustainable living situation for

long-term and kind of plan to just stay here for the remainder of my dad's life or and then if that's not a good idea kind of um secondly where should we park that money in the meantime we currently we just have it in our money market account at our local bank but i'm just wondering if maybe there's something that is like more like a short-term investment

or something like that that would be better.

So no, we had like a really small amount of kind of like non-traditional debt that my husband actually, he, we went to pay it yesterday and then there was an issue.

So he's actually going to pay that today.

And that was like a little under $10,000.

Okay.

We had about $10,000 in savings as well that we had.

And we both have cars and we don't like use credit cards, really.

We just had a couple ones that we were using to kind of build our credit, but we don't keep a balance.

It's just like we use this to pair internet, you know, and that's it.

Okay.

Yeah, we were actually, we were almost, we were in escrow to buy a house and then we ended up

backing out of the sale because it was going to be... I mean, it wasn't going to be anything like the Ramsey principles.

I listen to you guys, the podcast, literally every single day when I drive.

And so we just actually ended up backing out of that sale.

And so then we were kind of wondering about putting money into my dad's house to make it, you know, to divide the house.

Hi, thank you.

I hope you're doing well.

So my question for today is I have a rental property that I owe $50,000 on it.