Overtime Isn't Enough To Catch Up With Payments - Til Debt Do Us Part - Catering To Catastophe
HTML-код
- Опубликовано: 15 окт 2024
- After being in their home for four years, Karyn and Mark decided to refinance so they could consolidate their consumer debt and put in a $40,000 catering kitchen. Now this couple owes more on their home than they paid for it in the first place. Even worse, the catering business isn’t bringing in enough to cover the costs of the increased mortgage. And with Mark working overtime to support his family, he doesn’t have the time to do the repair jobs around the house that Karyn won’t touch. Gail Vaz-Oxlade has cooked up a plan to get them off the catastrophic track they’re on so they can start putting some much needed dough towards their mortgage and debt. But Karyn has to pick up some major slack in order for this family to succeed. -
-
Watch more from Weddings and Beyond - / weddingsandbeyondtv
Explore our family of RUclips channels with Free movies, tv series and documentaries.
📼 TOP BOX is where you’ll find an eclectic mix of mind-bending documentaries, cult classic films and investigative television documentaries. / topboxtv
▶️ I Love Docs for documentaries: / ilovedocs
▶️ North of Main for Independent movies: / northofmain
#weddings #gettingmarried #realitytv
I remember when I first watched this episode a long time ago. Loved how Gail found a woman contractor to teach Karen how to do the house maintenance work. Gail is awesome! I’d love to see a reboot of this show in the US!
Unfortunately Gail is retired nowadays but if they do hopefully they can find someone as caring yet stern.
My neighbour took a "Women in Construction" course & I'm quite certain that Nicky the contractor taught part of that course. Small world!
Yeah. Small world! It’s super cool though. Did you get to take any of those types of courses yourself?
@Kim Talbot
Unfortunate indeed. I hope they find a comparable host too! 🤞🏾
@Rocque Music
@@alicetheegreet I took shop in high school but that was eond ago. 😁
@@alicetheegreet *eons*
I am so happily living by myself in my own home that I paid for all by myself. My dear mother left me $8000 when she died (we have always been poor) and I gave it to the idiot I had married so he would leave.
I am able to manage better than I ever could around him.
In the long run $8000 may have been a cheap option, hurts when you did it but given time.....
@@jasoncreighton5140 it did hurt. I started calling it The Price of Freedom. Thank you for your message!
I was getting further and further into debt because of my first husband. He was just not on board with budgeting. He grew up poor and refused to look like we were poor so he was quite the shopper. I kept telling him that we were broke because of his spending. He didn’t care. Long story short, I’ve been remarried now for 29 years and we have no mortgage or credit card payments. We do have 1 small car loan that will be paid off this year. No other debt. My ex ??? He’s living in a $600,000 home and has an interest only loan 😩😜
Sometimes having peace is invaluable.
Sometimes it costs to create freedom, well done!
I'm so glad that Karen woke up. I'll be honest I was skeptical but she became HIGHLY motivated when all was said and done. Definitely a 360. And that husband was so happy by the end. The relief he felt from some of this off his shoulders. He looked more rested. Even the way they were looking at each other in the end. The love was always there but now theres hope!! Not to mention appreciation.
You mean a 180, 360 is full circle
@Shanelle: One thing they never address is what/who is managing the kids, and where does the time come in
for taking care of the kids' needs.
@@oPt1k4L 🤣. True that. . 180 is right, my bad. Lol. We'll see if she sticks to it but yes, I was surprised at her turnaround.
I read your comment before watching and assumed you were referring to the person as a “Karen” especially with the hair cut… but then it turns out that’s just her name lol
I think her main issue was confidence after having being a stay home mom and raising 3 kids.
I love how seriously and wholeheartedly she jumped into this plan. These are the instances that make these shows good. She kept up her motivation after the cameras turned off
I love that the wife is very humble and accepting of the suggestions. You can see they will work it out together. Very good to learn from them as a couple overcoming challenges together.
I'm surprised Gail didn't suggest looking into ways to make that kitchen help pay for itself. She can't seem to get many catering jobs... but what about teaching cooking classes or showing people how to do batch cooking?
Great observation and great ideas.
I also thought they could rent the kitchen out to other small businesses. There are always people looking to rent a catering kitchen for just a few hours. Lots of possibilities for them👍🏻
She could teach all the younger people on this show how to cook! 😆🦘
My guess is she's actually not that good a cook? those cookies were kinda sad :(
Funny how styles of furniture and colors have changed in 20-25 years. 😅
Just when you get everything “updated” , it’s time to update again. We’ve always decorated in very neutral tones, even with furniture. I can change out couch pillows for a few dollars and change the look from decade to decade 😊
This couple have such a great attitude in terms of dealing with their finances and they took on board what Gail was trying to communicate with them. Good for them:)
He is an absolute gem!!
❤ this show! Wish they'd do follow ups with as many couples as possible (1-5 years later). Would love a reboot that planned for those follow ups!
You're a treasure Gail!!!😊
This was a great couple who undoubtedly deserved the check. They really got it! I just don't know why those teenagers couldn't help around the house.
Lack of structure.
I don’t think my parents would trust me with spackle and paint at 28, much less as a teenager 😂
Lazy
When I was a kid we didn't have credit cards, the most we had was "lay-away," you would go to the store and make payments on the item (which was kept at the store!!) and when it was paid off you could take it home. Not before. If you stopped paying you lost the item and your payments.
My mom used layaway a couple of times
Layaway was great I used to use it mostly at Christmas time
The woman was really a worker, she needed a goal.
So true. Even if she had goals for her catering business she would have made more. She just didn't see the actual need until it was shown to her. She's got some good drive when she has a great reason why.
Been there done that! Food caterer makes much less than a specialty cake decorator! You are so lucky to have a special licensed kitchen in your home! Far less physical work to be a bespoke cake purveyor!
I learned to make sugar flowers to decorate all the cakes. There are so many videos out there to do this.
My mother ran a catering business out of our tiny kitchen. No extra fridge or stove. She also cooked all of our meals. It was a hard and exhausting business. I don't know how she did it or how we survived it. I cannot understand why anyone would want to do it. I am just exhausted cooking for my family every day.
I wouldn't want to do it either. I do understand why someone would get an extra kitchen these days with all the regulations around food handling and yet it can still be done on the less expensive side if one chooses wisely.
I loved watching this show. Gail always presented the reality of financial issues. I learned a lot from this series.
I love Gail, "You're smiling your ass off," LOL!!!
What an amazing couple. They were so close to being homeless if something happened to Mark.
I do hope she still used the catering kitchen. Maybe make and sell freezer meals, breads, pastries.
She could make a fortune delivering family meals to schools and daycares for moms to serve up when they get home.
Amazing? Bit of an overstatement
@@xkaokdkl11933 what isn’t amazing about a gourmet kitchen with brand new everything?
When he said his wife doesn't feel like cooking I had to pause and compose my thoughts. ... Is this the same wife from a few seconds ago who started a catering business??? 🤔
When you cook for a living, when ya come home you'd want someone else to do the cooking. When you are a dispatcher, you don't wanna talk a lot outside of work, when you take care of sick people for a living, don't wanna deal with sick ppl at home. But I see what you're saying..
Professional maids have some of the grossest houses for this reason
She needs to ditch the catering and get a full time job
Plus she's already home...get off your a**.
Wrong i cleaned professionally for 12 years and my home wwas and is still clean@RaqMor13
Gail is 100% right. Glad to see the wife step it up. The catering business was a drain. The kids are old enough to contribute and they go to school which why she has the free time. Also, OT won't be guaranteed forever and if he were to get sick, it's over. Meal prep, slow cooker and better planning saves time and money.
I remember when I put up my own blinds. It was a great feeling.
I miss this show. It's now needed more than ever in these inflationary times. But ppl want to watch survivor or 90 day fiance or those countless housewives shows
7 days a week?! How can you work with literally no break. That poor man
It’s not fair on him at all.
Well, to be fair he said he works 55 hours a week. That's a lot but it isn't THAT much.
@@roadrunner9622, it is a lot. He has no time to live his life.
7 days a week for the husband....damn if he ever gets sick that family is screwed
I really hope these two made it. They seemed to really catch on, especially Karyn. Sometimes just seeing it on paper is all you need
I remember this one when it originally aired. Thanks for uploading it. This couple was great! They both seem like nice people and I’m sure they’re doing fine now.
I found this channel a couple of months ago, and I love it! It's helping me a lot! Thank you very much for a show that helps people help themselves. I wish I had the chance to meet this intelligent lady someday to thank her personally.
I hadn’t seen this one before. What a lovely episode! I’m so glad they sorted it out in time!
I really liked the little update at the end. It was nice seeing them work follow up the budget together. I hope that are doing well.
A friendly and motivated Karen who didn t insist to speak to the manager❤
I want lessons from a handy- man- woman! I love that.
This couple is probably out of debt with a healthy amount in savings right now! I was very impressed with their attitude!
The only thing I didn’t like was the looking at crappy houses.
There is no such thing as a crappy house. If you are low income and manage to buy a home, look after it and pay it off it doesn’t matter how small and the type of home it is so long as you have a roof over your head.
Thanks for dropping these episodes!
Gosh you don’t need curtains in a kitchen by the sink! Enjoy the view, no one is naked there. Save $120!
This was 20 years ago so the style was different
shocks me how selfish some of the spouses are on these shows, I like how Gail was so hard on her, cause she needed a wake up call pronto
I feel like she had that last kid to stay home.
Unlike some of the selfish spouses, though, Karen heard the wake-up call and she took action. Kudos to her.
Seems like she could have done the catering work the few hours she spends doing it in her regular kitchen without spending $40,000.
This couple looked at houses and said they could never live in one of those houses do they realize some people would be happy to have those houses that they were sticking their nose up at
I was once given great advice from a small business owner…he said not to overbuy because you don’t really know what you need to have at first. It seems to me that the catering kitchen wasn’t necessary, she could have done the cooking in her regular kitchen. Frankly, she doesn’t really know if she’ll enjoy catering or if it’s worth it.
Yep she could have used her main kitchen until she was bringing food revenue and then built the kitchen first
I raised 2 children on my own, (1 autistic needing extra tuition) and have NEVER had a credit card. You work as much as you can, l didn't buy anything new until they were in high school. You pay things off "before" taking it home.
We holiday, they both play sport etc, we go without nothing that we need..need, not want. Our holidays were camping or budget stays with a kitchen so l always cooked, saves so much on a holiday.
Watching this is 2024 and legit just blown away by the house prices lol
Heartbroken for this dude.
Karyn, huh? Well she sure has the haircut for it
That hair is not cheap too
Love watching this
I love Gale! ♡♡♡♡
BUT....
I'm not on the bandwagon of paying on a College degree.
Our children were promised college IF they had a goal and they had to pay half.
They chose a trade. They earned money from the get go.....no debt.
Also....when they graduate they are adults...18+. Legal adults.
They can take the responsibility for big tickets!
I agree! My parents didn't pay for my college. However, they were very supportive and helpful in other ways. Young adults can work and pay for their college. Especially in situations where they can still live at home and do school online or a community college.
Price of the house seems so cheap compared to what it would cost today
Which tells us that inflation is out of control. Due to dumb government laws/rules/regulations.
When you do any business you need to work to fund your business not put in your mortgage .
Upgrading to a larger home always seems to bring families pain.
At least the wife gets the reality check and she picking up her slack.
It’s nice to see an update
$1,200 mortgage, 2023 and that's low rent.
2024 the cost of a room 😢
I've purchased 2 homes as a single woman. I begin making plans for ONE ROOM at a time. I don't move on until that room is complete. I do all my own paint, wallpaper, curtains/drapes and upholstery. The couple's estimate of $250 for kitchen curtains is absurd. They can be made (and lined) for $25 - $50. I don't know if a Reverse Mortgage type of program is available in Canada, but utilizing one in the US can pay off any remaining mortgage and allow seniors to live in their home without that payment after retirement.
My belief is a senior should not retire with a mortgage pay it off first
About the catering kitchen, maybe she could have given evening cooking classes ? That would add a bit of income and use the kitchen more, also it would enlarge her circle of accointances . Networking is an asset too, you learn about other people's skills in the area and find good service when you need them.
How exactly did that kitchen cost $40k?
The wife was the issue. Gail was sort easy on her. The catering business was pretty much a hobby. The kids were old enough for her to work full time. The Renos were pointless as everything would have had to redone when sold. Nothing was timeless design. The homes they looked at were fine but she was yuk to all of them.
Yikes!! The interest on that home is high. I know this family wants a home. Sigh they might be better off selling their home or renting it out and living in a small apartment. The kids will eventually move out and leave them an empty nest.
I love this show!
They should have rented out their catering kitchen to someone who would actually Use it.
I liked this video before even watching it.
"You have no money for your children's education, but you have nice floors!" That said it all.
Keep uploading I am learning so much !
4:02 😂 Omg Gail KILLS me!
There should literally be an Adulting class in high school. Kids should be taught how to tackle and manage debts, do budgeting, etc
There are a lot of things missing from the school system.
How to manage a house, how to parent, how to budget, how to socialise appropriately, how to manage a work and social life effectively, how to study effectively, how to take notes effectively, how to answer tests effectively, how to manage stocks and shares.
Actually, my school didn't even teach us how to tell time. But we had sign language classes in a school with no deaf or serious learning difficulties students or teachers.
Strange.
@jennysouthern7188 I totally agree with you, but I reckon it should be taught by the parents
Where I worked there was a spate of yearly overtime. An old section would have a few months of this extra income. After leaving this section I returned to help them out. This became a huge bonus to staff to triple their income for 3-4 months but then suddenly as technology surpassed the need for manual data entry. Whilst this was a wonderful money earner it became a way of life for most staff who earned thousands more every month for 3-4 months.
She waits for him to "get home from that nonsense you're doing all day, so you can GET TO WORK!" SMH
This is why buying a house is not always a good idea. You want to make it as beautiful as it can be with all the latest appliances and furniture even you know you can’t afford it. You’ll tell yourself you’ll figure it out later when all these makeover and renovations are done but once it’s finish, you realize you just made yourself fall into the pit of debt and now you can’t enjoy because your stressed out how to pay all that you spent.
Buy a home is the best idea borrowing against it is the worst idea.
Buying a home forces you to invest in something otherwise most of us will spend each cheque we earn.
He work 55 hours a week sell the house take over the money she gets a job
She applied for a bunch of jobs? So she just gave up on the catering business, even though they spent all the money to get her a fancy kitchen?
Yup, you nailed it.
Wait. I think I heard differently. Like she went for jobs to do on-top of catering
She literally said "outside of my catering" might want to work on your listening skills lol
@@roops2904
She doesn’t like to cook. The eat out every night.
I kept waiting for them to find a way to rent that kitchen out to real caterers. Would be a great source of passive income.
Such a common theme in this series. One partner, usually the husband, “wants nothing to do with the finances”. And the other partner is ok with that. I can’t wrap my head around that at all. Are you even an adult????
The OT isn’t the problem, it’s your spending
No one ever teaches me how to paint walls or do plumbing or even electricals .I just checked RUclips and did it myself in my apartment. The simple things you can do at home is more joyable to do yourself than ask someone else to do .
There was no RUclips at this time of filming
Gold star for you ⭐ too bad RUclips didn't exist 15 years ago
I painted walls long before RUclips; my two daughters can lay tile and vinyl floors and do lots of other stuff! All our families do a lot of DIY. Saves money!
@@droid2D2C3P0 yes it did I'm 30 and I was watching YT back in Jr high
@@Sydonnewarren not in the way it does today. It was music videos for the most part, there weren't expensive and detailed DIY videos on it so the point still stands
If you don’t know when this show happened, just look at the wife hair 😂
And glasses!
Nice couple
Only 66k a year. How did they survive?
If they are both working more, who takes care of the kids? I
I really don't understand putting clothing and gifts together. Gifts are somewhat non-optional. Just stop buying mom something for mother's day? The tricky part with gifts is that it fluctuates so much month to month.
There is no way $150 a week would feed my family of 4 teens nowadays. No way.
People do it
I buy only markdown meat and I can buy steaks chicken pork green ground beef. I also shop clearance and markdown food sections throughout the store you can eat very cheaply this way
@debbieframpton3857 You can't do it Manitoba. I also make sure my kids have a variety of fruits and veggies. I also eat a keto version mediterranean diet, but even if I were to give it up, I still couldn't afford to feed my family.
This show is 15 years old.
Which year was this series filmed?
2008 ish
Did she say 20 hours a week… over the course of 2-3 months, to earn 500-600$?
That math does not sound right… she needs a better part time job than that…
Edit: I guess she did, but it does seem like she probably should quit the catering thing, and just go in full time on a job.
Also, why were they paying for their Mother’s credit card?
Her permanent smile face is so annoying given their circumstances
"Use the equity in your home."
As if it's some slush fund full of cash. There is no cash. You're just taking out a huge UNRELATED loan, and promising to give them YOUR HOUSE if you don't pay it.
First thing: oil the hinges on the front door. That squeaking would drive me up the wall. Now, on to the rest of the show …
You are lucky your husband don’t leave and never come back
Wiped the smile right off her face when Gail asked "and how much have you been earning?".
That grocery amount in 2024 is $2078 & Restaurants $638
This show is for dummies. Saving won't help you get out of debt. Making more money and staying below your means will.
Gail worked with them on all those things
I paid my own way thru college. Just like my parents did and my kids did. I don’t necessarily think that parents should hand their teenagers money for college. I think most kids won’t appreciate it as much unless they earn their own way. I was careful with my college because it was MY money and MY debt. 😮😊
Why make the kitchen so ugly though lol
It’s not ugly, just dated. Lol
Totally! She paid for that! Now twenty years later we pay to get rid of it and she'll still be paying the debt
They do spend a lot of money on food. They are all carrying extra weight, even the youngest.
Not everyone can do housework
Sometimes, it’s eye-opening to watch people on money 😢😢-focused shows who struggle with basic financial skills, often ending up with significant debt. These shows can really highlight how poor financial habits and a lack of responsibility can impact both personal health and attitudes. Hopefully, they’ll realize the importance of making better choices, practicing self-discipline, and taking steps to improve their well-being and financial outlook. It’s a reminder for everyone about the value of financial literacy, resilience, and accountability 😮
I feel that dude. For me, it isn't the money. I make enough. Wife spends like crazy and won't work with me for the finances. I pay bills/mortgage, plan for retirement and put money away for the college fund. Have to plan vacations too.
It is tough to be married to the modern woman. She wants to be independant but has no ability to be independant and will fight you tooth and nail over anything. I wish I had known before the vows.
Don't judge all women the same. Not all are gold diggers. You chose unwisely
That has nothing to do with the “modern woman” and everything to do with the one you married.
That house might be too big once in retirement
That house is their retirement fund, that's why they need to pay down t hat mortgage.
The hairstyle and the name haven't aged well
Karen has a karen haircut😅
This episode feels like the origin story of the Karen stereotype
😂
Lol she even has the hair 😂
But this woman learned and thrived. She definitely is not a "karen".
I would not want to live in a house where electrical was done by an amateur.Isn.t it illegal?
I feel bad for women named Karen who don't fit the stereotype.😂😂😂
I need a chick like Nicky in my house😅
I’m second to comment. Woo-hoo! 🥳🤭
House interior looks like a nightmare.
All those clashing colors & loud furniture would irritate me. Not calming at all.
White or off white walls is all you need along with restrained use of tasteful classic furnishings
Totally!! That was cool in the 2000s!
And all the stuff she paid to put in , we pay to tear out!! That kitchen. The slate floors!!
Decorating trends change every 10 years!
My point is to steer clear of trends?
Ditto her hair 😬
Not that I care much, but did we skip the Relationship Rescue challenge? 🤔
machinist and a catering 66 k combined ?
I wish they would have separated it like they do for every other couple, I'm guessing the overwhelming majority is his income
She said she made 600 in the last couple months so ... Probably 65k from him
Original KAREN LOVE IT TRULY
Poor woman, really, why everyone only blames her!!!!!???? Not fair
She’s horrible. I hope he leaves her, so she goes into debt and once she is in jail, learns her lesson/