Sierra / Michaela

So my truck is about $550 a month, or my car is about $550 a month. His truck is about $817.

So monthly on all the credit cards combined, it's about $344.

So, yeah, it's it's somewhere in between there. He's looked. I've looked and I'm like, I don't know what to do. We're going to have to pay out more.

Hi, how are you guys doing?

Good. My question is, we recently found out through my sister-in-law, my husband and I, that there is inheritance money we did not know existed through my husband's parents who got it from his grandma. And he's one of nine siblings, and all of them have used, that we know of, have used that inheritance money for paying for grad school. And we did not know this was available.

We paid our way through grad school. And my husband graduated about three years ago. And we are in between baby steps three and four, trying to save up for a house. And so we feel a little, I don't know.

We're not sure. It just slipped through my sister-in-law this past weekend on a family trip that grandma's inheritance money paid for... her husband, my brother's, um, my husband's brother to go through grad school. And we asked, Oh, is this the same for all other eight siblings? And she said, yeah, you guys didn't know.

Who's the executor?

Yeah, I guess that was part of my question. We have not approached him yet. Because I don't want to come across as.

Um, it's possible. Um, I guess that's part of the issue is, um, they're quite a bit younger than us and they own two properties and We are like... No, no, I get all this.

I would have questions, but I honestly don't think I'd have... I wouldn't ask any further. Okay.

Hey, how are y'all doing? Good, how are you? Doing good. So me and my husband, we're actually in Baby Step 2. We just learned that his parents have money put up for us, so we're about to be able to...

wiped out all of our credit card debts um and i've heard you guys say just put the cards up or shred them um do we just like let them fall off of our like credit or do we close them we're both a little iffy on that part cut cut them up and close them do the both done okay you don't need them anymore how much money is this that you're getting

So right now it is $14,000, but then they're going to add an extra $4,000 on top of that.

It is. It definitely is. My husband has the company that he works for. He has got his parents' company in to do some work for the company that he works for. So they've been doing really well working together. And so this is just a thank you to him.

Right, yeah. So the only credit card debt that we have is about $8,000. On top of that, we have two car loans, a side-by-side loan, and then personal loans. So the rest of that will flow over into our next one, like the baby steps. We're going to take all of those credit card payments and just...

And so I think they'll feel it.

So what's going to be left is about $127,000. But that includes the house. No, we rent.

Yes, so the side-by-side, we still owe about $20,000 on. Okay. What's it worth? My car. I have no idea. My husband deals with that. Okay.

My car, we still have $32,000 on it, and it's worth about $23,000. Mm-hmm. His truck, we owe $45,000. And I think the last time he checked, it was worth between $18,000 and $23,000. Oh, man.

Oh, man.

Yeah, we were.

It's okay. It happens. But... I'm just, I feel like we can't catch a break and living paycheck to paycheck is so hard for us. I am a full-time student, um, college student. I'm 29 and my husband works full-time sometimes even over like overtime shifts just so that we can get by. And I just, I don't know what to do anymore.

About 49 to 50,000 a year. Okay. And when do you graduate? Um, um i have about five semesters left so i'll be finishing up in 2027 okay wow okay are you are you working at all sierra um i'm not but i pick up pet sitting shifts um to try and bring in some money i tried a full-time job and full-time college and it destroyed me okay what uh what are you getting your degree in

Um, uh, I want to go work on the coast as a marine biologist.

Um, it's about 350. $3,500. Okay.

We are renting. We pay $1,000 a month for rent.

He makes fiber optic cables.

We are door dashing every chance that we can get. Okay. Just so like I can get to class and we can get food and sometimes mom helps us out.

It kind of depends. I'm trying to get a state job and that can range anywhere from $50,000 to $70,000.

Right now, I am pretty set with financial aid and scholarships. I've already finished my associate and went through that with honors. So I've been doing pretty well with scholarships. So no debt, no loans. Do you guys have any other debt or any debt at all? Yes, I have three credit cards, but it only adds up to about $1,000, maybe $1,500. And I have a car. How much is that?

The total on it is $28,000, and I pay...

When I had it, because I went and had it appraised at a dealership, and they said they could only give me $6,000 for it.

It's a 2017 Jeep Cherokee and I have 162,000 miles on it.

He has a motorcycle that's paid for. Got you. And we have a, we call it a hoopie. And it's It's just a really old beater that's also paid for.

About $4,000. Okay.

Nothing's on fire.

Right.

An expensive hobby.

So I have a sitter now that's pretty consistent and look at my bank did at like a overview of all my spending and for my dogs, I spent about $10,000 last year.

How long have you had the dog? Or should I like maybe talk to my sitter to try to see if we can negotiate something?

How much are you making a year? So my base is around $79,000. Okay. And what's my additional pay when I'm traveling is, I usually, like last year, I think my growth is about 87. Okay.

But I just also got a raise too. So this year my growth would probably be around 90 to 95,000. Amazing. Okay. How much debt do you have? So a lot. So I have $20,000 for my car. Okay. And then I have a credit card with 10-5 on it. And then student loans is $70,000 plus $5,000 of interest. So $75,000. Okay, so you're right at $100,000 of debt, making $95,000, spending $10,000 on the dog per year.

Might be going down because you have a new job.

You have two.

It's protecting you.

Yes, but they're excited when they see me when I come back.

And you guys... Well, so it's not like a consistent, like a storm could happen today or a storm could happen a couple months from now. It's not like consistent. Like right now... I'm in down season, but, like, storm season.

No, I don't. I don't know. If I track my expenses and just cut everything out, I'm looking at including $200 a month towards the dollars when I'm not traveling, just to build up an expense. Right now, I'm at $2,800 in expenses a month Okay. Because my last job used to give me per diem, so the per diem helped out with the dog cost.

Mm-hmm.

When I ran it, it was like three, like almost four years with the student loan.

I've been trying to think of options. I'm not at an area where there's like Uber or DoorDash or anything in that nature. Okay.

Yeah, possibly could. It's just like they'd be in the house more if I work more.

Yeah, and I spoil them too, so.

Yes.

Yeah.

Yeah.

Okay.

Yes, I was just calling to inquire. I've been recently addicted to listening to the show, and so I'm wanting to pay down debt and get into a position to invest more. So I had a question in regards to if I should possibly rehome my dog, even though I don't want to, to get out of dog boarding fees when I'm traveling for work.

Yeah, yeah, yeah.

Um, so with my new job, I travel a little less than I did before. Um, so probably it just goes with the storms, um, potentially like five to six months out of the year. And I'm usually gone from like 10 to 14 days at a time.