I'm About To Have My 6th Baby And Don't Have A Lot Of Money

Brought to you by Chome, a budget-friendly faith-based alternative to health insurance. ch ministries.org/budget. >> I am expecting a six baby soon. >> Whoa. Whoa. Wait a minute. Did you say sixth as in the number six? >> That's the one. >> Wow. >> You are a hero. >> I know. That's right. >> I am not >> Wonder Woman. Um um >> what's going to be the uh age range? >> We have an almost 12y old down to a one-year-old. >> My oh my. >> Would you like me to get on the phone with your husband and tell him to leave you alone? >> I mean, if you wouldn't mind, that'd be lovely. >> Tell him to rewind the show today. Hey, pal, leave her alone. She needs a break. Well, in his defense, he was gearing up to get a vasectomy and we just didn't get that far. So, >> you love each other. What can you say? >> Have we made that appointment, though? Is that on the books? >> Oh, I wish. I wish. I don't know what he's doing. So, >> Kim, you're a good one. All right. I'm sorry. I'm having a little fun here. I always represent the American people. I say what they're thinking. Uh, okay. How can we help today? >> Right. So, um, two of my biggest concerns right now is the fact that we lease a car through my husband's work and we only have the one car and it is a seven-seater, so not going to fit six kids. Um, my other issue is the fact that we're essentially in a two-bedroom house and running out of space very quickly. >> You think you're in a two-bedroom house? >> Yeah. Well, my husband, he works from home and he so he uses one of the pseudo bedrooms as an office. So, my thought is we can plunk him as quickly as possible into the basement where we anticipate getting at least two bedrooms put up and his office built down there. Um, but there's a lot of work that has to get done to the basement before like rooms and things can be added down there. >> How many square foot feet is this place? >> It's only 1,400. It's not a lot. It's It's manageable. >> Do we have Okay, hold on. Slow down. Do we have the money >> to be able to make these Okay, so we have I thought that was the case. So, here's the deal. There is no expansion of the house for him. He's going to a place called a coffee shop. >> What What kind of work does he do and what does he earn? >> So, he we he makes about 75 a year. Um and the problem is like sometimes he's on the phones and stuff like that. So, like he has to be in like a quiet secluded area. Um >> there's all kinds of sidewalk. There's the back alley >> customer service for for Volkswagen. So >> Oh, what service? >> It's like a customer service >> for Volkswagen. Okay. >> Um, how long's you been doing that? >> Uh, for about six or so years now. >> Okay. And do you do any work other than working from the home? Do you do anything outside to get a check? >> How could she? >> So, >> I don't think so. I'm just asking. >> I fill as much space as I can um when I when my husband's not working. I'm walking dogs. I'm grooming dogs. We We do boarding at the house just to add some extra income. >> You do boarding at the house where there's no bedrooms for the children to sleep. >> I I have a great idea. I have a great idea for you guys to make more money. You guys need to be on the phone with some reality show producer because I feel like I feel like your life is a reality show waiting to happen. >> Oh man. >> I just told my husband we would make a really great sitcom. >> I know you would. Six kids and 60 dogs. Yeah. I'm exhausted already just talking to you, >> man. Okay. Well, I like your hustle spirit. Like I I like the fact that you're like, "Hey, I'm going to get money doing what I can. I love pets, so invite them over." Uh what do you I mean, on a good month, what do you make from your side hustling? >> Um so, from grooming, I do about 2,000. Uh with uh boarding, I do about a thousand. Walks are harder for me just because it's more of me out of the house. So, um, usually it's like maybe a couple hundred bucks a month or something like that. So, >> you're pregnant with your six. >> Tired. >> Yes. Stop walking the dogs. Okay. So, what is the core question you called with today? Cuz now we have a pretty good idea what's going on. >> I'm I'm trying to systematically I feel like the car is going to be the biggest thing as far as what we need to do first. But, I mean, I looked at places that could offer us a car that's going to fit everyone. and they're looking at like I mean if we put no money down we're up to like $700 car payment a month. Right now we pay $2.75 for this lease and I'm like I don't know how to find a car that's going to fit everyone with like zero money. I mean we're on baby step two right now so I don't know >> what other debt do you have. >> Um it's about 30,000 in consumers. So um there's like 8,000 on one card that my husband has that went to collections. We have another 5,000 that went to collections that he has. And then um >> And what was this money spent on? Is this just you guys surviving? >> No, it was that my husband spent it on garbage. >> On what? On what? >> On garbage. >> Okay. Yeah, because Hold on. I want to pause for a second here, right? >> Okay. You guys are making enough money. >> Yeah. >> Yeah. >> Between his 75 and let's call it your 24 >> that you guys don't need to be spending money on credit cards. It's not like you need that money to live. You guys are just being ridiculously careless. >> Yeah. And truthfully, you don't I mean, Ken is right. You're doing all right, but you don't have a lot of margin for error here. I just kind of calculated. So, what's he bringing home? Like 4,800 a month. >> Yeah. Give or take. Yeah. >> Okay. And yours is 2. So, you're 6,800 a month, which doesn't sound bad, but you got there's se there's eight of you guys. So, that that goes fast. Um, what are you paying what do you pay for uh mortgage? 1450. >> Okay, that's fine. Um, and do you have like an actual budget? Could you tell me today like here's the margin at the end of every month that we have? >> We have like about $2,000 margin after all of like the necessities. >> Great. Great. So, the key to this um is you're going to have to save up to get something because you already know that debt's the problem, right? So, you can't turn around and go into debt on another vehicle. How often are all of you piling in the car to all go to the same place? >> So, because I'm predominantly a stay-at-home mom, I'm the chauffeur. So, like the kids are with me a good chunk of the day except the older two who are in school. >> Um, but because it's also our only car, if we go see family, if we go do anything, we're taking everybody. >> Well, guess what? Guess what we're not doing? We're not going to see anybody. We aren't going to go do anything until we get this thing right. Yeah, I think so. >> Everybody's coming to you. My goodness. I think you got a good case to make. >> I think so, too. >> Now, this lease, when is it up? >> I mean, it's up any minute. Um, so like we could return it today and they'd be happy with us. But the only problem is, so right now we're paying 275 a month on the car, okay? Which is all fine and well. That includes insurance, tags every year, all of it. Um, and they're not no longer making um the car that we have with the three row seats. So, we can't get that same deal. If we return it and get another car, we'd be looking at paying closer to 450 on the next lease. >> Understood. How how cuz here's the biggest problem is this and and I know it's easy to focus on like the the micro problems like the lease. The biggest problem is you've had $2,000 of margin for the last five, six years that he's been working on Volkswagen, but you don't have any money saved. >> So, I can tell you what happened with that. >> Well, >> um, Door Dash. >> Yeah, that's what I'm saying. It doesn't matter at this point. >> That is the point is that that money has gone to things that are not paying off debt, not saving up for the future. So, today, this is the thing that's on fire. You guys have got to save up. Start saving that money. And in the meantime, if you can extend this car, if that's possible, I would say do it because you got to have something to drive and you don't have any you don't have any money. So, that would be my first thing is see what you can save up. What can what can $8,000 get you? What can $7,000 get you? And you're going to have a beater for a while after you get out of this lease because that's what you can afford. >> Yeah. Does your husband is he mechanical by any chance? >> Minorly. Yeah. >> Yeah. I get it. Me, too. I can barely put gas in a car. Um, but here's I'm going to get creative if I'm you, right? You know what I'm doing? I'm finding somebody in their local community, their church who's like really good at working on Chevys or Fords and they live in the Detroit area and I'm going to go find me an old Suburban, you know, something in the early 2000s. No, seriously. That's got that's got enough enough seats and we're going to we're going we're going to go get a $5,000 Suburban and find a good mechanic who going to rip us off who will give us a deal. My point is, you have to get creative and innovative when you are in this situation. And people will feel for if you go, "Hey, we've been dumb. We've got some debt we're paying off. We got a six kid on the way. Husband's going to go get snipped soon. We're solving that problem. We need we need this. We" And we share the problem. And we go to the local community, whatever it is, and we say, "Help us." Yeah. >> If you have a good church home, let them put the word out. Somebody >> make excuses and go, "Well, we got to go this." And I know you're not. But I got to tell you, I'd have hubs watch this back on YouTube. And I'm not knocking you, my friend. But you got to step up. >> You must. >> You're the one that went out and did this on credit cards. Now you need to go out and not sleep and work and pay this off. Go get yourself a car. My goodness. Step up. You got six kids. >> Christian Healthcare Ministries can save your family hundreds of dollars on healthcare every month. Learn more at chmin ministries.org/budget. org/budget.