4.6 • 682 Ratings
🗓️ 27 December 2023
⏱️ 8 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
0:06.3 | All right. Today's question. It's a long one. Get ready, everyone. |
0:09.0 | Buckle up. We got Barry in New Jersey. Is my wife a princess or do I need an attitude change? |
0:16.2 | Yes and yes. All right. Let's get all their numbers. We have followed your baby steps in our debt free, but the house. |
0:22.2 | Our net worth is $1.6 million. |
0:24.2 | We owe $80,000 on the house. |
0:25.8 | It's worth $700,000. |
0:27.1 | We're 50 years old. |
0:28.4 | My income's $125,000 every year. |
0:32.3 | Early in our marriage, my wife made over $100,000, but we had two kids. |
0:36.2 | And later we had two more. We made the decision |
0:38.0 | for her to be home and homeschool the kids all the way through high school, huge sacrifice, |
0:42.7 | both agreed it was best for our family. Now, fast forward 20 years, the kids are grown. We're doing |
0:46.7 | well. Our lives and our marriage are great, but my wife is still not working. I have asked her to just work to knock out the mortgage, to take that off my back, and to help us build a gap fund so I can retire a little early. She has shown little effort at finding something and is not super motivated. We make plenty to live on, but I've noticed some of our budget drift as she has more time on her hands and isn't needing to spend devoted time to our kids |
1:11.9 | with schooling. Is she a princess for not wanting to go back to work or do I just need to suck |
1:16.0 | it up and change my attitude and be grateful for the fact that she doesn't have to work? |
1:20.2 | I know my knee jerk. I want you to go first because I have a very clear answer. |
1:25.4 | I think he needs an attitude change. I don't think she's being a princess. |
1:28.9 | She worked hard with the kids. |
1:31.1 | She's a stay-at-home. |
1:32.3 | Now, wife, he's doing fine financially. |
1:35.0 | They got 80K on the house. |
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