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Glen James

πŸ‘€ Speaker
11746 total appearances
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Podcast Appearances

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Because just like I just don't see the business at the moment with all this pressure that it's caused paying back that 500K anytime soon.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Like if I had a 500K debt in my business, that's a campaign to pay down.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

But that's cute, but it's still a cash flow thing.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Yeah.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

No, that's right.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

So I'm like literally, this is probably what I would do to bring this to a head.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Your husband, I think there is a career issue.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

He would, and I know he loves custom work and vehicle manufacturing.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Yeah.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

something has to change.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think we need to sell the commercial property.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think we need to pay off the debt of that we own in the business and then clear the house mortgage and press restart.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I'm a drastic type of guy.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Yeah, and that's why I'm like I don't think there's a huge difference between 500 and 800K when we're talking about residential property in, you know, the skirts of Sydney.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Yeah, that's what I'm just so intrigued.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think there's some issues if the husband doesn't think the 500K worth of debt is a problem.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think it's a big problem.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Yeah, so the question of- But also, we don't know if the guy's turning over $8 million a year.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Like, why should she quit her job to be a stay-at-home mum when she's happy in her career?

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

They need the income.