Natalie
๐ค SpeakerAppearances Over Time
Podcast Appearances
My dad lost his business last year, and ever since then, it's been a process of losing just about everything.
He is going to lose their car, the family car, and he came to me and asked if he could borrow one of my wife and I's cars.
We have two.
We have a truck that I use for work and an SUV, a midsize SUV that my wife uses.
Here's the thing that would complicate it.
We have a baby.
We have another baby coming in September, and that would create its own problems with the grown family.
Plus, my dad would likely need the car for probably the rest of the year, I'd say.
Probably until at least around the time the baby comes, and my wife and I would look at saving for a new car.
We just finished baby step three.
It's going to be.
He doesn't have the money to dig out of the hole he's in, two panes behind him.
He's upside down on it.
The business, he had a lot of debt on the business equipment.
It was a lawn and landscaping business.
He had a large client that dropped him, and then he had another customer refuse to pay him about $15,000 of services last year.
Some of it was repossessed.
Some of it he sold and paid off some of the loans.
But he doesn't have any equipment left.
Right now he's working at a hardware store making about $20 an hour.