4.6 • 682 Ratings
🗓️ 1 June 2024
⏱️ 3 minutes
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0:00.0 | brought to you by the every dollar app start budgeting for free today today's question of the day |
0:07.4 | comes from taylor in mississippi taylor says i'm currently 12 weeks pregnant with a baby girl from my |
0:15.2 | boyfriend i recently lost a loved one who left me a large inheritance. I have $40,000 of debt and my boyfriend |
0:22.5 | is debt free. Do I take this inheritance and put towards my debt and then take what's left |
0:26.8 | and put down 20% on a house? My boyfriend and I plan on getting married, but for some reason, |
0:32.1 | he's really against getting married before I have the baby. That's weird. Okay. |
0:37.7 | Well, I don't know why that would be the case. |
0:40.7 | But, yeah, I mean, that's what I would do. |
0:43.0 | Yeah, I would take the inheritance. |
0:44.0 | I'd pay off your debt. |
0:45.2 | Taylor, I would keep everything so separate. |
0:47.1 | If you bought a house, I would buy it on what you make, your income, your life. |
0:52.5 | I mean, I would be very, very hesitant to put him on anything. I |
0:58.5 | wouldn't put him on anything. Not hesitant. Just don't do it. And I probably wouldn't do anything until |
1:03.7 | the baby comes. I mean, honestly, I don't think I would make a big decision like, well, pay off your, pay off your |
1:08.4 | debt. Pay off your debt, but I wouldn't buy a house pregnant I would continue to |
1:11.5 | rent maybe rent for the next year or two then then hopefully you guys get married then after you |
1:16.8 | have the baby and then you guys together after you're married look and see okay let's let's purchase a |
1:22.6 | house but while you're pregnant I probably wouldn't take some of this inheritance and put it down payment. |
1:28.1 | I would just, I would rent, be where you are for, you know, one to two years. |
1:33.1 | And then from there, see what happens relationally if that changes. |
1:37.3 | And then even just financially at that point. |
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