I used to work with Colin. We got along really well and he’s a good guy. If you ever read this Colin, hope all is well with you and hopefully you guys made it through this rough patch in your lives.
This show makes you realise why the 2008 crash happened - the banks were giving everyone money without any consideration of their capacity to pay back loans - they paid their house deposit with credit from the bank 🙈🙈🙈🙈🙈
“Accidentally bought a house” 😂😂😂 as an escrow officer, that really got a laugh out of me lmao! The fact that you could put a new build deposit or earnest money on any form of credit blows my freaking mind. I’ve had to return anywhere from $1k to $18k back to buyers at closing because the funds weren’t able to be verified as the buyers’ cash, not any form of credit or gift from an outside party without lender approval.
It also GOBSMACKED me that anyone can buy a house on credit. Don't the sellers worry about having to reposes the home more likely than not. I've seen so so many foreclosures in my neighborhood, in the SF Bay Area, that it's beyond silly. The house next to us has had four owners in less than 10 years, and the house across the street about the same. Sadly it's ALWAYS young first time buyers.
We were offered $1500 towards closing cost OR they said we could pay $300 and they’d lower our interest rate by a quarter so it’s under 3%. I paid the $300 SOOO fast 😂😂😂 $1500 is nothing when we’re talking about saving a quarter of interest over 30 years! Nobody does the math these days tho..
He’s wanted to be a cop since he was seven but they are buying new furniture and $1800 vacuums instead of putting their money toward whatever courses he needs to become a cop? 🤯
Why do you have to pay to be a cop anyway? In my country it’s a paid 3 year training. You get paid (not much though) to get trained … I am mindblown that this is not standard
@@allisonwillcox9393 I don't know whether it's legal, but in modern times, there is no bank that would ever in a million years approve you for a mortgage if you need credit for the down payment.
In the US it was the government's dumb 1999 Affordable Housing Act, whose intent was to make housing costs available to people who couldn't afford it before. Add idiot banks, Stock Market new types of instruments, including CDC swaps, which I still don't understand and, of course, the flipping Houses "fad" HOUSING used to be a stable business section but no more. Just as unstable as the stock market. Never trust your government. All those bills that sound great usually end up as disasters.
@@youtubeacc Housing market doesn’t allow for this. I make 6 figures and can’t afford an entry level home in my state. The lowest homes I can find (old 800sf 1bdrm homes) are about $400k which at 6.5% interest is ~$3200/month payment. Which means you’d need to net $9124/month income to afford it by the 35% rule. Bottom line: entry level 1bdrm homes in my state require a $150k annual income to afford at 35% of take-home.
We are trying to live on cash basis. When our credit cards went to 3 (total 12k credit limit), i was always anxious. We slowly paid it and now we only have 1 cc at 4500credit limit and thats it. Sometimes i feel poor because we dont have many stuffs. When we moved to our new home, we agreed no expensive furniture. We buy one a time an item. It helps we have a small, modest home so we try to keep our stuffs minimal. I keep on watching minimalism/simple living videos and i learn a lot from this show of Gail.
This couple is so sweet!! They were humble and ready to receive the wisdom and corrections and it paid massive dividends. So happy to see them getting along better and looking forward to a bright future!
What she doesn't mention is that the marshmallow challenge was skewed by financial status. The kids that waited were from higher socioeconomic backgrounds and knew there would always be "marshmallows", the poorer kids knew that they may not get more and what they had would likely be taken away. That definitely skewed the long term outcome in terms of future success too.
That's so true. For people that have very little, when they are offered something free they will take it whether they need it or not. My mum was a single parent with 3 kids and a mortgage left for her to pay with 3 under 3 year olds. We always accepted everything offered. However, we were taught "if you don't have the money you can't have it".
Actually that isn’t accurate. It was proven that socioeconomic status could be a factor, along with several other things including cognitive development or early upbringing. So yes the results were flawed but not just by “financial status”.
That's easy enough to check. Run the same experiment with children who are all of the same socioeconomic status. I think you'd find that, regardless of their family's money, some children would devour the marshmallow while others would wait on it. In my own family, my brother and I are delayed gratification people. Our sisters are into immediate gratification.
I had never heard that, that's interesting to know. I was brought up in a household where we were "always broke", our parents declared. We thought we were poor, yet my brother and I are examples that it was more developmental over socioeconomic status (in our case). My brother couldn't spend his money fast enough (we always said "it burnt a hole in his pocket"). I, however, was a natural saver, almost a hoarder when it came to money. Thirty-plus years later, we exhibit similar behavior, where my brother relies on pay day loans and buys frivolous toys, then let's his utilities get shut off--and I watch my husband's and my savings and retirement accounts grow and grow. My husband and I make a modest income also (we've never transitioned into a higher socioeconomic tier).
@@markcritic2409 I see her just being really young and perhaps sheltered, still learning how life works. I will say I preferred the husband, and that’s a departure from the norm for me, so maybe that’s what I was responding to the most
I consider myself a ln economical person and I spend much of my free time reading and watching financial videos and books. But I am still so shocked that people use credit cards for their home down payments. Like my mind cannot wrap itself around negative equity
If you can’t survive on $90,000 a year…you really need to look at your whole lifestyle ! That’s an awful lot of money !! This is just ridiculous 🤷🏻♀️🤷🏻♀️🤷🏻♀️
Okay, it is WILD to me that people were able to buy a house using credit for the down payment! This was definitely pre-2008, or they do things differently in Canada….it took my husband and I 6 years into our marriage to buy a house.
I have an old couch a 2005 old car ,l do my own hair and have a second hand store business but l owe nothing and both my daughters graduated collage and have another one in a private high school ,so there you go !!
big man offering to pay for the whole table when he only makes $26,000 a year.I think they're just young and need to learn more life lessons but they are a cute couple their dogs are adorable
I wish I had this opportunity when my husband and I started out to learn this!! Instead of parents just saying save. Your directions and tasks are great!!
It sounded like she knew they were going there to sign papers but he didn’t. She tried to make it sound like an accident and she had no idea but no one is that stupid.
Even if she has impulse purchasing problems, she seems like a sweet person and I admire her for not holding it against her husband for making significantly less.
How did they use credit as a down payment? Large credit card debt usually screws up your debt to income ratio and lowers your ability to secure a mortgage.
OMG - what a lovely couple! I love it when the people on the show actually are open to learning something, are prepared to face their mistakes, and trust Gail's process. I hope these two made it through and have 3-4 kids and that he became a cop!
They did a study that if you touch something in a store, you’re 75% more likely to buy it. Knowing this, I don’t touch things in stores unless I have saved for it and came to buy it. I also stay out of stores except grocery stores. And I only go to grocery stores if I absolutely need food. I’m on a mission to save and not spend. Staying out of stores is my strategy. I won’t put my debit card on line. Used to have an Amazon account many moons ago but got rid of it.
How is this not debt in the real sense of things? If you owe money to a creditor, you are in debt to them. Owning $10K to a credit card company is no different than owing $10K on a medical bill - it’s still debt. You can be sued in either instance and get a judgement against you.
In fairness, the hiring process and how long it takes isn’t in their control. I’ve been stuck in the same dead end job for 8 years because I needed to be hired fast to pay bills. Now I can’t afford to miss work for interviews..
Contact a recruiting agency. They might have something that you like better. Perhaps working for a different company would be better if they allow you to move within the company. Best of luck.
She's in control cos she earns 3 times what he earns. It's difficult to say no to her when it's really her money. Doesn't work the other way round I've noticed...
Wow Gale really attacked him on how much he didn’t make and yes I already knows before she said anything. He probably barely barely covers his hockey addiction and nothing else besides that. It is pathetic of what he makes
I would sell the house, get a small apartment that takes dogs, have a HUGE tag sale, and consolidate all their debt. He needs a better job, and she needs to stop being so controlling
I would never pay for a group of people, I take cash with me when I’m going with a group I don’t pay for anyone I don’t like people, not even my family sometimes
It’s clear after watching numerous episodes that Gail wisely forces them to think long term. I can attest my own life got better once I woke up and made some intermediate and long term plans. That was decades ago, but I stuck to it and have had a good life since then.
To join the NYPD the policy academy is free, I believe. However, you need an associate's degree (60 Credits) first. In New York City, we have the City University of New York available to residents, where the entire Associate's degree would cost roughly $10,000 before the cost of books and miscellaneous fees. I wonder what Colin had to pay in his part of Canada?
Got to say that I'm currently financing new kitchen appliances and a new hide-a-bed couch. But everything is on a 1-yr or 2-yr no interest period, and my monthly payment is slightly greater than what I need to pay off the balance in time.
I don't know if anyone could answer this question but I'm so confused about bankruptcy from what I've seen and heard it's like all your debt gets wiped out and you could start over so wouldn't everybody love to do that is there a catch I'm just confused
There are a lot of consequences to bankruptcy. For instance, they’ll come and take any assests you own. For example in Ontario, you’re only allowed to keep a car worth no more than 7k. If your car is worth more than that, they’ll seize it and sell it. So if you own expensive purchases like a car or home, it may not be worth it. The next problem is for at least 6 years, you have no credit. That means no one will loan you any money. No car, no houses, no credit cards, no expensive phone plans. A bankruptcy even shows up when you try to rent a house, so even renting can be difficult. Life is hard when you can’t even get a phone plan without someone signing for you. Lastly, not all debts are forgiven. Mortgages, student loans, and car loans are secured debts, so they are not forgiven.
"It was an $11,000 downpayment, all on line of credit" - I'm crying because that's so cheap to get a house. If I save $20K my parents can help with $20K, then MAYBE I can talk to the bank.
Whoa whoa whoa, only a few minutes in but not cool how Gail is ragging on Collin’s income so much, especially since, from what I’ve seen so far of the episode, Shannon seems to be the one with the spending problem.
You don’t just want to be a cop you need university education volunteer work courses physical fitness not be in debt give to the community and I don’t know how they will view in recruiting seeing him on this show 😢
another selfish husband. no yoga= 4 hockey teams, wings and drinks after every week . make it make sense. im not saying she's any better but that particular things seems a little selfish.
There should be a '10 years later' follow up on these shows. Where are they all now in their financial life?
Great idea! I would definitely watch it.
Most probably are divorced and in deeper debt.
This gets posted on every video. There was a where are we now special on a bunch of couples
I agree
Agree. I'd love to see so many of these now
I used to work with Colin. We got along really well and he’s a good guy. If you ever read this Colin, hope all is well with you and hopefully you guys made it through this rough patch in your lives.
Did he ever become a cop? LOL
I’m sorry but Colin didn’t sound genuine and his wife, well she came off as a spoiled brat.
@@daviddorsett8125
It must be hell being you!
@@daviddorsett8125the second part sounds rgt
I absolutely love how Gail can scold with warmth and humor, without compromising the honesty of her message.
This show makes you realise why the 2008 crash happened - the banks were giving everyone money without any consideration of their capacity to pay back loans - they paid their house deposit with credit from the bank 🙈🙈🙈🙈🙈
The banks knew that people eventually would struggle to pay, but realised there's a lot of fees to be paid if one cannot afford debt repayments
Maybe those homeowners shouldn’t have been bailed out. Doesn’t seem like people learned anything.
Seriously, I wonder what happened to all these guys
“Accidentally bought a house” 😂😂😂 as an escrow officer, that really got a laugh out of me lmao! The fact that you could put a new build deposit or earnest money on any form of credit blows my freaking mind. I’ve had to return anywhere from $1k to $18k back to buyers at closing because the funds weren’t able to be verified as the buyers’ cash, not any form of credit or gift from an outside party without lender approval.
It also GOBSMACKED me that anyone can buy a house on credit. Don't the sellers worry about having to reposes the home more likely than not. I've seen so so many foreclosures in my neighborhood, in the SF Bay Area, that it's beyond silly. The house next to us has had four owners in less than 10 years, and the house across the street about the same. Sadly it's ALWAYS young first time buyers.
We were offered $1500 towards closing cost OR they said we could pay $300 and they’d lower our interest rate by a quarter so it’s under 3%. I paid the $300 SOOO fast 😂😂😂 $1500 is nothing when we’re talking about saving a quarter of interest over 30 years! Nobody does the math these days tho..
He’s wanted to be a cop since he was seven but they are buying new furniture and $1800 vacuums instead of putting their money toward whatever courses he needs to become a cop? 🤯
Why do you have to pay to be a cop anyway? In my country it’s a paid 3 year training. You get paid (not much though) to get trained … I am mindblown that this is not standard
@@4legs4paws55 Yeah, in England you don’t have to pay to do courses to become a police officer. Very surprised they do in Canada.
@icarusimmaculee7611 in canada you don't for rcmp , others you may have to pay for training but get the money back after 2 years of service.
Nothing screams financial wisdom like financing a down payment.
I don’t know how this is legal. 😟
That is not allowed anymore.. That is the craziness that led to the financial crash.
@@allisonwillcox9393 I don't know whether it's legal, but in modern times, there is no bank that would ever in a million years approve you for a mortgage if you need credit for the down payment.
In the US it was the government's dumb 1999 Affordable Housing Act, whose intent was to make housing costs available to people who couldn't afford it before. Add idiot banks, Stock Market new types of instruments, including CDC swaps, which I still don't understand and, of course, the flipping Houses "fad" HOUSING used to be a stable business section but no more. Just as unstable as the stock market. Never trust your government. All those bills that sound great usually end up as disasters.
@@allisonwillcox9393 it's not in the US
Man, I miss the days when one could only spend 35% of his income on housing with a reasonable salary 😭
What are you talking about?? That's absolutely still the rule of thumb. 🤡
Amen! These days it's 60%. 😔
I hear you, it would be hard to get an apt for $525 a month! The cheapest I've seen is $595.
This is literally still the rule 😅 if you’re spending more than 35% on housing then you are over extended and need to move to something cheaper
@@youtubeacc Housing market doesn’t allow for this. I make 6 figures and can’t afford an entry level home in my state. The lowest homes I can find (old 800sf 1bdrm homes) are about $400k which at 6.5% interest is ~$3200/month payment. Which means you’d need to net $9124/month income to afford it by the 35% rule. Bottom line: entry level 1bdrm homes in my state require a $150k annual income to afford at 35% of take-home.
NEVER allow the vacuum cleaner salesman in your home! Everyone I have ever known that got suckered in regretted it big time!
Amen!
I literally didn’t even know this was a thing 😂😂😂😂
We are trying to live on cash basis. When our credit cards went to 3 (total 12k credit limit), i was always anxious. We slowly paid it and now we only have 1 cc at 4500credit limit and thats it. Sometimes i feel poor because we dont have many stuffs. When we moved to our new home, we agreed no expensive furniture. We buy one a time an item. It helps we have a small, modest home so we try to keep our stuffs minimal. I keep on watching minimalism/simple living videos and i learn a lot from this show of Gail.
This couple is so sweet!! They were humble and ready to receive the wisdom and corrections and it paid massive dividends. So happy to see them getting along better and looking forward to a bright future!
My vacuum is $50 and it works perfectly. It still works after 5 years.
I could’ve resisted the house and furniture but not the candy 🤣
Me too
What she doesn't mention is that the marshmallow challenge was skewed by financial status. The kids that waited were from higher socioeconomic backgrounds and knew there would always be "marshmallows", the poorer kids knew that they may not get more and what they had would likely be taken away. That definitely skewed the long term outcome in terms of future success too.
That's so true. For people that have very little, when they are offered something free they will take it whether they need it or not. My mum was a single parent with 3 kids and a mortgage left for her to pay with 3 under 3 year olds. We always accepted everything offered. However, we were taught "if you don't have the money you can't have it".
Actually that isn’t accurate. It was proven that socioeconomic status could be a factor, along with several other things including cognitive development or early upbringing. So yes the results were flawed but not just by “financial status”.
@@ayela562 ,
That's easy enough to check. Run the same experiment with children who are all of the same socioeconomic status. I think
you'd find that, regardless of their family's money, some children would devour the marshmallow while others would wait on it. In my own family, my brother and I are delayed gratification people. Our sisters are into immediate gratification.
I had never heard that, that's interesting to know. I was brought up in a household where we were "always broke", our parents declared. We thought we were poor, yet my brother and I are examples that it was more developmental over socioeconomic status (in our case). My brother couldn't spend his money fast enough (we always said "it burnt a hole in his pocket"). I, however, was a natural saver, almost a hoarder when it came to money. Thirty-plus years later, we exhibit similar behavior, where my brother relies on pay day loans and buys frivolous toys, then let's his utilities get shut off--and I watch my husband's and my savings and retirement accounts grow and grow. My husband and I make a modest income also (we've never transitioned into a higher socioeconomic tier).
I think this is my favorite couple I’ve seen on this show. They’re so likable, and it seems like they learned a lot
I find the girl kind of sneaky. Crying over a couch, etc.
Did we watch the same show?? She was UTTERLY unlikeable - greedy and manipulative.
@@markcritic2409 I see her just being really young and perhaps sheltered, still learning how life works. I will say I preferred the husband, and that’s a departure from the norm for me, so maybe that’s what I was responding to the most
Very likable couple. I wish them the best.
What a sweet couple. Hope they are still doing well.
How do you accidentally sign for a house. Like how?
I consider myself a ln economical person and I spend much of my free time reading and watching financial videos and books. But I am still so shocked that people use credit cards for their home down payments. Like my mind cannot wrap itself around negative equity
I didn't know that was something you could even do.
Most credit cards will allow you to borrow cash on them.
I know someone that financed the down payment on their car 🤦🏻♀️
Loved the first challenge!! It was original, they had a good attitude about doing it and i think it taught them something! 👍
If you can’t survive on $90,000 a year…you really need to look at your whole lifestyle ! That’s an awful lot of money !! This is just ridiculous 🤷🏻♀️🤷🏻♀️🤷🏻♀️
I made 59 and I’m ok
Canada is more expensive - taxes much higher. But at the same time - stupid behavior with money is universal.🤑
@@davisholman8149 true
For 2 people with a mortgage? $90k would be tight depending on where u live
@@elebea868, even with student loans, you need to take a long hard look at your lifestyle and spending.
You can always tell whom Gail likes - they get a hug at the end!
That last challenge probably has the best long-term benefits of any relationship rescue ones she's done.
Okay, it is WILD to me that people were able to buy a house using credit for the down payment! This was definitely pre-2008, or they do things differently in Canada….it took my husband and I 6 years into our marriage to buy a house.
It was both. Pre 2008, and done differently in Canada...although it may have changed
I have an old couch a 2005 old car ,l do my own hair and have a second hand store business but l owe nothing and both my daughters graduated collage and have another one in a private high school ,so there you go !!
It's about daily discipline with money.
Congratulations on your daughter’s learning to do collage.
@@laraantipova389 🤣🤣🤣
Brilliant you are an inspiration 🙂🤗
@@laraantipova389 snarky much?
big man offering to pay for the whole table when he only makes $26,000 a year.I think they're just young and need to learn more life lessons but they are a cute couple their dogs are adorable
I wish I had this opportunity when my husband and I started out to learn this!! Instead of parents just saying save.
Your directions and tasks are great!!
Me too!! They need to teach finances in school!
How do you "kind of" buy a house?
Ikr? Next thing we'll know, Shannon and Colin will "kind of" hop in bed, "kind of" do the nasty, and Shannon will be "kind of" pregnant. _(8/16/2022)_
It sounded like she knew they were going there to sign papers but he didn’t. She tried to make it sound like an accident and she had no idea but no one is that stupid.
They weren’t married so she may of brought it on her own. It did say SHE put the $11k on credit.
Who puts a down payment of a house on a credit line?!?🤯
@patriot15 I knew there were no regulations against it, but I never thought I would hear about anyone foolish enough to do it!
The same people who bought an $1800 vacuum 🫤
@@ayela562 Whoever furnished the loan bought the 1800 dollar vacuum.
@@mustangthings who gets a loan for a vacuum cleaner???????
People who dont understand about interest on borrowing.
Even if she has impulse purchasing problems, she seems like a sweet person and I admire her for not holding it against her husband for making significantly less.
what on Earth made them decide to buy that vacuum??
no, no... you don't understand. They WON a chance to BUY a vacuum. You can't ask them to miss out on that kind of opportunity!
The vacuum cleaner at the mall 😂😂😂😂
How did they use credit as a down payment?
Large credit card debt usually screws up your debt to income ratio and lowers your ability to secure a mortgage.
this show is very old. 2011 lenders were less responsible back then, debts easier to hide
@@samgreaves8038 She was earning 60ķ pa plus he must have been on double digit salary in sales. That's a large joint salary to acquire credit.
@@saraswatkin9226 n
N n NM
OMG - what a lovely couple! I love it when the people on the show actually are open to learning something, are prepared to face their mistakes, and trust Gail's process. I hope these two made it through and have 3-4 kids and that he became a cop!
2 hour argument about a couch. He works at Home Depot. You can't "line of credit" a darned thing. And why did they get such a HUGE house?!
I really liked this couple.
You don't buy something by accident. Its considered an impulse purchase.
They did a study that if you touch something in a store, you’re 75% more likely to buy it. Knowing this, I don’t touch things in stores unless I have saved for it and came to buy it. I also stay out of stores except grocery stores. And I only go to grocery stores if I absolutely need food. I’m on a mission to save and not spend. Staying out of stores is my strategy. I won’t put my debit card on line. Used to have an Amazon account many moons ago but got rid of it.
My 100 dollars vacuum is crying in the corner after he learn that they have bought 1800 vacuum.
I thought 400-500 was a HIGH END vacuum. 😭
I run my own cleaning business and I paid $500 for a vacuum in 2020. They were scammed, big time.
Got a used one from a friend 10 years ago for free 🙂🌈
Dont ever finance a wedding.
All hail gail!! She is the best!
Kid was 😍! Save your money 💰 🤑 💸 kid says "I know"
My favourite part :)
Gail is on them!! I love it.
What a lovely show!
The main cause of debt and financial trouble is the inability to postpone gratification.
This isn,t debt in the real sense of debt etc..........this is just "greed" mixed with stupidity..............
How is this not debt in the real sense of things? If you owe money to a creditor, you are in debt to them. Owning $10K to a credit card company is no different than owing $10K on a medical bill - it’s still debt. You can be sued in either instance and get a judgement against you.
1800 vacuum? Good grief.
Collin get a backbone!!!!!
There's a reason you can't put a down payment on a house in the US on credit...
In fairness, the hiring process and how long it takes isn’t in their control. I’ve been stuck in the same dead end job for 8 years because I needed to be hired fast to pay bills. Now I can’t afford to miss work for interviews..
Contact a recruiting agency. They might have something that you like better. Perhaps working for a different company would be better if they allow you to move within the company. Best of luck.
Maybe it is a skills issue...just saying
What about remote interviews?
Plan to do them during vacation time?
Great work again Gail.
man this show is Gold
She's in control cos she earns 3 times what he earns. It's difficult to say no to her when it's really her money. Doesn't work the other way round I've noticed...
Put it on a credit card? My bank, my realtor, and the board of my building wouldn't even talk to me without my savings statements.
Their house furniture is timeless ❤
Wow. $1800 for a vacuum? I have a Bissell that works great for a fraction of that.
Wow Gale really attacked him on how much he didn’t make and yes I already knows before she said anything. He probably barely barely covers his hockey addiction and nothing else besides that. It is pathetic of what he makes
The guy seems really good with numbers. I hope they are happy and healthy today
Sell house. Get rid of the dogs. No more clothes buying. Sell all furniture.
I would sell the house, get a small apartment that takes dogs, have a HUGE tag sale, and consolidate all their debt. He needs a better job, and she needs to stop being so controlling
The little kid going "I know" when he tells her to save up before buying stuff must sting.
I would never pay for a group of people, I take cash with me when I’m going with a group I don’t pay for anyone I don’t like people, not even my family sometimes
The German version is called: Peter Zwegat - Der Schuldenberater 😂😂😂
An 1800 dollar vaccum LOL wow.
What season is this show? I’ve watched every episode I could find at least twice but never saw this one.
I'm not sure, but think it's one of the later seasons. I think this channel is still adding episodes from this show.
Season 8, Episode 13. Shannon and Colin (2011)
I love them all too
@@nicodav woah I thought there were only ever 3 seasons. Great news for me I guess!
I hope they stayed in course 🙂
It’s clear after watching numerous episodes that Gail wisely forces them to think long term. I can attest my own life got better once I woke up and made some intermediate and long term plans. That was decades ago, but I stuck to it and have had a good life since then.
The dang marshmallow experiment is legendary
Deer god...1800.00 vacuum...it better work like a cho fur and drive me to wok m and back!!!
Well nobody WANTS to work. But we ALL have to. it’s called “responsibility”
Where are they now?
To join the NYPD the policy academy is free, I believe. However, you need an associate's degree (60 Credits) first. In New York City, we have the City University of New York available to residents, where the entire Associate's degree would cost roughly $10,000 before the cost of books and miscellaneous fees. I wonder what Colin had to pay in his part of Canada?
Who believes that they have "won" a sales pitch? If you're interested in whatever, then they will sell to you if you want them to.
Cutest couple ever ❤
Prisons won’t hire a person with credit trouble. I wonder if police are the same?
Aww they’re sweet
Got to say that I'm currently financing new kitchen appliances and a new hide-a-bed couch. But everything is on a 1-yr or 2-yr no interest period, and my monthly payment is slightly greater than what I need to pay off the balance in time.
police don't get paid nearly enough. The streets are dangerous 🙄
They make 6 figures where I live.
@@r6854 same where I live and 6 figures isn’t enough anymore
@@Rooneytunes01 6 figures isn't enough to keep them? Or 6 figures isn't enough to live in your city?
It's more than enough in my city (San Antonio, Tx)the median household income is around $55,000.
the dog eating the money was really funny XD
Also, Gayle is absolutely BRUTAL to the poor guy about how low his salary is. Way to kick a man in the balls….I felt bad for him and I’m a woman…
She did it for the wife to save their marriage, there is no way the wife wasn’t upset about his income or she would be eventually
I don't know if anyone could answer this question but I'm so confused about bankruptcy from what I've seen and heard it's like all your debt gets wiped out and you could start over so wouldn't everybody love to do that is there a catch I'm just confused
There are a lot of consequences to bankruptcy. For instance, they’ll come and take any assests you own. For example in Ontario, you’re only allowed to keep a car worth no more than 7k. If your car is worth more than that, they’ll seize it and sell it. So if you own expensive purchases like a car or home, it may not be worth it.
The next problem is for at least 6 years, you have no credit. That means no one will loan you any money. No car, no houses, no credit cards, no expensive phone plans. A bankruptcy even shows up when you try to rent a house, so even renting can be difficult. Life is hard when you can’t even get a phone plan without someone signing for you.
Lastly, not all debts are forgiven. Mortgages, student loans, and car loans are secured debts, so they are not forgiven.
How can u get this amount of credit...
You open up a credit card with your bank.
Then every 6 months you ask about increasing your line of credit.
Wow insane
"It was an $11,000 downpayment, all on line of credit" - I'm crying because that's so cheap to get a house. If I save $20K my parents can help with $20K, then MAYBE I can talk to the bank.
Did he get the job?
An $1800 vacuum??
They look like such a sweet young couple, just need some guidance
Welcome to the real world kids.
Accidentally bought a house?????
I have seen at least another case where the husband made less money and felt he had no voice in the spending.
Is this woman for real---we signed the papers to buy a home "kind of by accident." How do you buy a house by accident? Clueless.
What is up couple's spending $1300 - $3000+++vacuum cleaner CRAZY 😧 INSANE GO TO WALMART OMGOODNESS
I’m wondering if this guy was also on the show Border Security? He looks so much like one of the agents!
These salaries are giving me a migraine
Whoa whoa whoa, only a few minutes in but not cool how Gail is ragging on Collin’s income so much, especially since, from what I’ve seen so far of the episode, Shannon seems to be the one with the spending problem.
You don’t just want to be a cop you need university education volunteer work courses physical fitness not be in debt give to the community and I don’t know how they will view in recruiting seeing him on this show 😢
Their best? Wow.
Ridiculous
This girl’s eyebrows are killing me.
Absolutely, horrid
I hope she paid her eyebrows back
He puts the fault on her put he is not capable to find a good salary
Young and naive is all I can say.
another selfish husband. no yoga= 4 hockey teams, wings and drinks after every week . make it make sense. im not saying she's any better but that particular things seems a little selfish.