Matt Clark
đ€ SpeakerAppearances Over Time
Podcast Appearances
And what's your take-home pay every month?
Do you still need this bigger house?
And he does hard labor at 57?
Yeah, we work at the same company.
Well, he's going to be set in his ways until he realizes he can't keep this up for 10 years to climb out of this mess, and then he's going to be forced to.
Right, that's what I would say.
So if I'm in your shoes, truthfully, based on what you've told me, I would consider selling the house, clearing all of your debt.
That way your income can now be used to fund retirement and you guys just rent for a while.
And if your income goes up and you can own a home again, that's great.
Yeah, downgrade and pay cash.
Because that's almost half your take-home pay going out to this mortgage alone.
So you're not going to be able to make headway on your debt.
You buried the lead, Michelle.
Go live in that thing.
Forget your renters.
Can you go live there?
Probably about $150,000.
So either move into it or sell it.