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Episode 32: What Happens to Your Debts When You're Gone?
12 Plays1 month ago
Join us this week as we dive into a topic that affects us all: what happens to your debts when you're gone?? Ever wondered what happens to your credit card balances, car loans, or home mortgage after you pass away? We're breaking down the different types of debt and how each one is handled once you're no longer here, including the intricacies of the Texas Estate Code to give you a clear picture of what it means for your family's financial responsibilities. Plus, we'll share some common steps families take to navigate inherited debts.
+ Stick around for Sam and Sara's list of things they think are worth going into debt for.
Join us every Wednesday for new episodes!
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Transcript
Introduction to the Podcast
00:00:03
Speaker
Welcome to another episode of One of Us Knows What They're Talking About. And the other one is you. I'm Lori Burch, your host. Join us as we discuss and unpack wills, trust, estate planning, and probate law in a way that's actually informative, interesting, and well, hopefully
Why Having a Will is Important
00:00:22
Speaker
entertaining. Because if you don't have a will, the state of Texas has one for you. Let's dive in.
00:00:39
Speaker
All right. Well, I'm really excited about what we're talking about today because, ah you know, everybody's favorite topic. Spackling. Spackling. Everybody's favorite topic because, you know, when someone passes away, you're thinking about inheritance and what you're going to get. And sometimes what you get is debt. our just say Yeah. And I'm like, that goes without saying. You do. You do.
00:01:07
Speaker
um But yeah, so we're gonna talk about debt and paying debt and I'm going to say something that really goes with every single episode But I feel like I need to really impress upon it with this one is none of the things we talk about is Actual legal advice we can't do that.
Understanding the Probate Process
00:01:29
Speaker
Well, none of them can do it. I can do it, but you have to pay me to do it and we have to create an attorney-client relationship for it to be legal advice. So all this is general information, okay? So I don't want anybody to take away what we talk about on any episode, but particularly when we're talking about how to pay off a deceased person's debt as legal advice or guidance. And so we are going to talk about what the law says, and then I'm going to talk about what actually happens.
00:02:02
Speaker
and do that what you may. But we've actually had, you know, a lot of times people will say, Oh, I don't need a will. I don't have anything and blah, blah, blah, blah. And you know, most people who say that do actually have something, whether it's a car or a bank account,
00:02:17
Speaker
an animal that someone needs to take care of, there' there's usually something. But for those who truly don't have anything, we've had cases where people have gone through the probate process of a will just to have an executor appointed, because once somebody passes away, there's nobody who can act on behalf of that person.
00:02:36
Speaker
Um, you can't just call up and say, yeah, I knew Sam Anderson. Um, so tell me what's in her bank account. They're going to be like, no, who are you to Sam Anderson? And my answer would be, what am I not to Sam Anderson? but Without a paperwork from the court, so without paperwork from the court. Um,
00:03:02
Speaker
But without paperwork from the court, I can't
Debt Responsibility After Death
00:03:05
Speaker
really act. So having an executor is the only way someone can act on behalf of a deceased person. And so we've had people just to get debt collectors to go away or to talk to them have gone through probate to have an executor appointed. So having to deal with somebody's debt is a is a real thing. Now, what's different between being alive and being dead, well, there's a lot of differences. But when it comes to debt, yes it's a little different. So I'll tell you that only a only the person who passed away is liable for the debt. And we all know what liability means because Sarah defined that. Sarah's word of the week, by the way, is what?
00:03:56
Speaker
It's ah proprietary. Proprietary. That is Sarah's word of the week. Yeah. of Anyway, don't ask her to define it. Just take our word short that she knows what it means. She's fair to know.
00:04:10
Speaker
Yes, but ah you know because one of the you know funny little jokes that people will say sometimes to me is, can I give them my debt? And actually, no, the answer is no. um Only you. So when someone passes away, unless another person has co-signed or co-owns a piece of property or a car or something that you also are on the loan for, nobody else is responsible to pay that. More about the cat and mouse game that you can play.
00:04:38
Speaker
with creditors in a moment. But there is a little thing we've got here in the Lone Star State of Texas called the Estates Code, formally called the Probate Code, but they changed it. Did you all know this? Not too long ago, I will tell you. Not too long ago. We should find out what year did it can't become the Estates Code versus Probate Code. I think it's within um been in the last 10 years.
00:05:07
Speaker
My guess is 2013. Um, 2020, uh, 2014. Whoa. No close. Yeah. No close. Why did they change it? I mean, I don't actually know it. My guess would be probate is a very specific type of court yeah and not everything that governs the estates of people. It actually goes through a probate court or a subject to a probate proceeding. So it's more accurately.
00:05:38
Speaker
defined, but I don't actually know that that's the reason. And in fact, it almost makes too much sense. It almost makes too much sense. at all It almost makes too much sense to be real. But anyway, in our good old Estates Code section 355.102, it actually has claims classification priority of payment. So there is laid out in the Estates Code.
00:06:04
Speaker
the order in which debts are to be paid. Now this is all before anybody gets money and stuff. All of this is supposed to be satisfied. So if you have $50, Sam, but you have $20 in debt and you say everything goes to Sarah, Sarah does not get $50. Your $20 gets paid off.
00:06:34
Speaker
And then Sarah gets $30. So sorry, man. How your son's been I guess. She's just got my dad. As my dad would say, don't spend it all in one place. So anyway, the very, do you know what the very first thing that's supposed to be paid? You know, who are you, Sam Anderson? right Who are so wise in the way of It is, here's the thing. It is technically posted in our podcast discussion, but what I know in my heart is Sam didn't look at it. and but No, and no. not at all
00:07:19
Speaker
So yes. And for the sake of filler, I'll tell you a little bit more. um but yeah But um yes, funeral expenses and expenses of the decedent's last illness means whatever killed them. Including claims for reimbursement of those expenses for a reasonable amount approved by the court, not to exceed $15,000 for funeral expenses. So for your elaborate funeral plans that you have, Sam.
00:07:59
Speaker
No, no. And $15,000 for expenses of the secedent's last illness. So like, can you not not make it roll? I'll try my best. The next classification, class two, number one, expenses of administration. This is my favorite one. Why? Take it away, Sarah. Is that?
00:08:27
Speaker
Man, is that like, um, I don't know, is that like lawyer fees? Ding, ding, ding, ding, ding! Whoa! Yeah, and lawyers rush! So, I mean, generously they allowed funeral expenses to be covered first, but then themselves.
00:08:48
Speaker
um But also court costs, um having to file notice and all of that sort of things that are associated with a probate fee. But yes, also expenses incurred in preserving, safekeeping and managing the estate. I have a question. Yeah. What if I get the floors replaced? Just because I want to.
00:09:14
Speaker
you're getting into very gray area because technically if there was no reason, like if that wasn't to secure the estate, then no. The floors were fine. I just didn't like the color. But if there is something with the floors where it was uninhabitable, or it would otherwise be condemned, or it would help to the sale of the property, then that could be an allowable
Secured vs Unsecured Debt
00:09:37
Speaker
expense. But this could also be um getting locks changed on a home, having to get a storage unit to put items into. Yes, again, every once in a while, legal things make sense.
00:09:52
Speaker
um
00:09:56
Speaker
Another, I'm not going to go through all of these because some of them are very highly, highly nuanced. So another one is, prepare yourself, Sarah, is basically class three are claims, class three claims are composed of each secured claim for money. So basically secured claims.
00:10:24
Speaker
What is a secured claim?
00:10:30
Speaker
Go ahead, say what say it. It's a claim that's secure. That that is secure. What does that mean now? That I do not know. Okay. Take it away, Sam. but I mean, you didn't care. I deserve that. I used to know this. I feel like Sam could answer this. Think about it.
00:10:52
Speaker
I know it's ones like, um, like credit card debt, stuff like that, right? That's the opposite. It's unsecured. It's unsecured. Okay. let's Let's do this. Let's do this. Let's do this. Okay. Okay. If, if just, just hold your horses. Okay. If you charge $6,000 on a credit card and I'm the credit card company and you don't pay me, what do I do?
00:11:23
Speaker
How do I get my $6,000? You take it to like a dick collector and they chase after the person. To get the money from you, right? yeah Yeah. If I have a loan on your car and you don't pay the loan, what do I do to get the money back? Take away my car. If you don't pay me, right? and So you could almost say that I am a creditor that has my debt secured by another asset of yours.
00:12:04
Speaker
like know what collateral if you If you don't pay your mortgage, what again what can the mortgage company do? Take your house. Take your house.
Inheriting Property and Mortgage Implications
00:12:18
Speaker
okay Because they secured the debt with another asset that they could take from you. I need us to go back. Hey, Sarah, how do you find how do you define collateral again? which I eat and and need you to to define what's happening for our our ah audio listeners. What's happening is collateral damage. It's like an explosion just inward is what it looks like.
00:12:49
Speaker
higher. You mean, what does that be? Collision? Yeah. But like, that's just like the motion. Collision and collateral are different. I'm describing for for the audio listeners. Yeah, I think all of it's bad. Okay. So anyway, so secured creditors have a higher priority than an unsecured creditor.
00:13:12
Speaker
Now, the thing about it is though, if someone inherits, and this is Texas, everybody, if someone inherits a home or even a car, they, and this is a very important thing. This is a very big misunderstanding or a point of confusion we've run into. You do not have to pay off the house in order to get the house. You do not have to pay off the car. With the home in Texas, you can do what's called assume the mortgage.
00:13:42
Speaker
You don't have to personally qualify it for it. So if your credit stinks, it's fine, but you have to keep paying the mortgage payments. The other big thing that people don't seem to understand in some of those people are in our office is that you cannot change the name that the mortgage is in. Now what they may do is change it to the estate of whoever passed away.
00:14:11
Speaker
but they're not going to change the mortgage because a mortgage and a title, title being who owns a home, mortgage being the money that has to be paid to keep the home are two different things. So while the title may change to you, I have yet turned into a mortgage company that will change it to a beneficiary's name, unless they independently refinance or do something to get it into their name. But if they just take over or assume the mortgage, then it'll stay either in the deceased person's name or sometimes they'll put a state of or some other moniker that indicates the person passed away. Got it?
00:14:59
Speaker
Okay. There's a few other things in here. One of them is like child support, this, that, and the other, but the very last wrong, essentially are unsecured creditors. And by and large, this is where the majority of creditors lie, is credit cards, that that sort of thing, lines of credit, anything where they have no means to reclaim any money. And yet,
00:15:28
Speaker
Credit card companies are the most vicious. They will go after you. They will find every single person who ever friended on somebody on social media who died and start harassing them. I actually had a creditor. This was probably the most offensive thing I had a creditor do is when you file a probate case, of course, the attorney is a record. And so we get a lot of creditors claim sent to our office.
00:15:57
Speaker
I got one sent to my home, which means they looked up my name, they found where I live, a piece of property that I own, and they sent it there. Dang. That's crazy.
00:16:14
Speaker
And you know how sometimes like the more desperate somebody is, the more it kind of means the less they have to offer or they have less of a leg to stand on? That is really so true. Now this is not advice. I'm not telling you to just ignore credit card companies of someone who passed away.
Handling Debts Claimed Against Estates
00:16:34
Speaker
I'm just saying there's very little they can do. I mean, what are they going to do? Ruin the dead person's credit?
00:16:44
Speaker
So real and they know it and they know it and they're they are threatening they're harassing but and It's kind of a double-edged sword when we're dealing with probate cases because one ah Something that's being missed from a from a really important legal standpoint is that the claims have to be legitimate Okay. And so there's a whole process about notifying creditors, um secured creditors. There's permissive notice for unsecured creditors that can start a statute of limitations where they have four months to file a claim and they have to file it appropriately, yada, yada, yada, all these things. So you want to make sure, regardless of all the legal formalities I just talked about, you want to make sure
00:17:29
Speaker
that it is actually a legitimate debt. It's not somebody just saying, oh, Cynthia Frederick died, and we're going to now say that she owes $30,000 to whatever company. You want to make sure it's legitimate. So then here's the double-edged sword, is when there is enough money and assets in the estate, we still have a fair amount of people who just don't want to pay for the debt.
00:17:58
Speaker
And on one hand, we can tell you about, like we're just saying, ways, well, we haven't talked about ways, but the fact that there's not a lot they can do. At the same time, I just, maybe this is just a me thing. I fundamentally take issue with people not thinking that the goods and services somebody receives should not be paid for.
00:18:24
Speaker
And if you wanna know why one of their driving factors of why goods and services increase, it's to compensate for stuff like this. I mean, do you really think that Starbucks, not a sponsor, has to charge $6 for coffee and milk? Or do you think the fact that there's plenty of people who take handfuls of Splenda packets for free, has to be offset somehow?
00:18:51
Speaker
I'm not saying that's the whole thing. There's, there's a lot of economic pieces that fall into play, but part of it is loss prevention. The costs of what we pay. Yeah. So yeah I'm not saying anybody needs to care about that. Um, but I'm just saying, personally, if I owed the debt, then Go pay the debt people, come on now. With that said though, um not everybody's in that position. Sometimes the assets, like if it's a home that has a mortgage on it, it's not like that's cash money and you may not want to have to sell the home to get the cash to pay a credit card bill. So I will tell you that for the most part, credit card companies will quite often forgive, write off or significantly reduce what is owed.
00:19:44
Speaker
So while during your life, if you have creditors calling you, you may want to duck them, not answer their calls and all of that. For the most part, I generally tell people, if you've got a creditor and you're handling the estate of someone close to you, answer those calls, talk to them, play hardball. um You're going to have a very good chance of being successful and getting them to go away or maybe compromise or reduce something or write it off.
00:20:12
Speaker
The other thing is a lot of um there are some expenses that the state's code doesn't really outline that quite often get forgiven or written off. Not making any promises. And again, this isn't legal advice, but I could tell you one thing that is very confusing than the aftermath of a loved one.
00:20:32
Speaker
is when they're getting um like care flight bills, ambulance bills, hospital bills, this and that. And what I always tell them when they contact us and they're freaked out because they got a bill, air quote, for $200,000, I'm like, does it say bill or does it say EOB on the top?
00:20:52
Speaker
Because an EOB is an explanation of benefits and it's just there's just paperwork that just gets generated and it just has to go through the channels because a lot of the times people will get this like EOB from a hospital and it says $200,000 and they're freaking out and then two months later they get a letter from the hospital that says they owe nothing. They processed it through insurance then whatever it didn't cover they just wrote it off.
00:21:18
Speaker
I'm not saying this is what happened. I'm not guaranteeing you anything. I'm just saying these are some of the things that happened with that. The other thing are student loans. Like a lot of times, and you know, there's a difference between private loans and federal loans. Some are automatically forgiven. Some you may have to talk to the company about, but there is there is just debt that's out there that may not actually have to be paid for when somebody passes away.
00:21:46
Speaker
Now, Sarah and Sam, would a student loan be a secured or a student loan um creditor, be a secured creditor or unsecured creditor? Would it depend on whether it's public or private? Nope. No. Unsecured?
00:22:12
Speaker
I can't let me. They can't take your diploma. I was expecting her to say that degree. They are going to come to where you live, and they've got a little men in black pen and then zap. I was going to say a little like portable shredder with them. And it at your degree yeah they're going to bring in a pod person and they're go that doesn't have the education and replace you with them. Dang.
00:22:43
Speaker
Right. um Does anybody have any other things that they're wondering or questions that they're wondering when it comes to how do you you handle that when somebody? I have so many. Nothing legit. Like absolutely nothing that would actually be constructive and not just for my sheer amusement. So Sarah, you go. my sarah you think Sarah has something that doesn't fit the category. You just laid out. i Like I'm genuinely still confused, first of all. OK, so like say I Say I'm $100 in debt, right? Wouldn't that be nice, Sarah? It would be so nice. But say I only have $50 in my bank account. So when I die, what happened? Or wait, no, no, no, no. Hold on. You can do it. You can do it. It made sense in my head. And then now that I'm saying it, you already covered this. But it's like, I guess what happens, say I can't.
00:23:44
Speaker
I don't have enough money in my account for the person to pay off all the debt. So what just happens with that debt? Like there's still $50 in debt leftover. Did they just write it off? It's just they wave a magic wand and it's
Life Insurance and Protection from Creditors
00:23:56
Speaker
goodbye. this guy Goodbye. That's it. Sarah, what are they gonna do? come out on you A dead person's credit. But then I guess say also like then nobody gets inheritance because then it's like, well,
00:24:12
Speaker
that just all went to my debt, right? True. Oh, man, that sucks. Both things can be true. ah But they have to properly dispose of you first.
00:24:28
Speaker
But even even for spouses, if something is a spouse's separate property, and they have, let's say they have a car and it's their separate property, and there's a loan on that car, the surviving spouse is not obligated to pay for it.
00:24:43
Speaker
are paid on. Now, if they co signed on it, or they co own the car and they want to keep the car, then they have to deal with that debt. But they're not liable for a deceased person's debt. They're liable for their own debt that they guaranteed or signed off on. Yeah. Okay. And so basically, if you die in debt, potentially,
00:25:12
Speaker
Inheritance would be turning would be there's Nada man. Okay. Yeah, I Mean may you die of medical malpractice or Some sort of personal injury because then your family can bring a wrongful death claim and baby gets somebody ah and ah Now, here, here's something that we haven't talked about. What if you have nothing to your name, $20,000 in debt and a million dollar life insurance policy that's payable to Sam? What happens at $20,000 in debt?
00:26:00
Speaker
ah Can Cynthia go? No. Okay, ah does it get paid by the life insurance? Or no? right here What do you want to offer? What's your offering? Well, there's a beneficiary to it. Right. That was an important piece of my scenario. It is a non-probate asset. Because it doesn't go through the estate to get like to get to me, right? It just goes through the life insurance. Life insurance is an asset that is exempt from creditors claims and taxes. There are other types.
00:26:33
Speaker
but life insurance is one of them. With the name to beneficiary. But what if, what if I did not put a beneficiary, what if the beneficiary I have died? Then what happens? Who goes? You want to answer it? I feel it's appropriate, right?
00:26:56
Speaker
Well, and without without a technical mechanism like that, here's what happens from a practical standpoint, is that if there's not a named or living beneficiary, then it defaults to your estate and your estate is what's liable to pay your debts. So now you've allowed, which is one reason why we get people who will say, oh, I just named my estate or I don't have a beneficiary or this or that. And sometimes that is advice we give. It's very circumstantial.
00:27:25
Speaker
ah because some people aren't worried about debts that they're gonna have to pay or they feel or they want them to go towards paying debt. um So there are reasons people would put their estate or the estate of as a beneficiary. um So don't take this as me saying across the board, you shouldn't do that. I'm just saying what can happen. I believe Sam has her hand raised, which is weird. We've never done this, but go ahead. What what if their beneficiary is their trust?
00:27:54
Speaker
but then trust that operates differently. So that that's not going to the estate. So that is still exempt. That's my one question. Because it's still a named beneficiary. Oh, okay. It qualifies for that. Very good. Sarah, your wheels are turning. She's got like the processing circle. She's thinking and i'm I'm a little wary. So what's what's what's going on? Well, now I'm just thinking like, I guess, say I,
00:28:25
Speaker
died with all my student loans. I mean, ah all I'm hearing is that I don't really have to pay them off. Okay. That's really my takeaway. Who's going to take you to save those words? and so So long as you don't have anything that you think is a value that you want to pass on to anybody, then I suppose you could take that approach. Yeah.
00:28:56
Speaker
Yeah. Yeah. Well, I'm going to knock on wood.
Humorous Take on Personal Debt Preferences
00:29:02
Speaker
Okay, very good. So I don't know if the state that I've put you all in will let you get to the next part. But I do believe that you wanted to talk about something speaking of of going into debt that Sarah and Sam thought would be good reasons to go into debt.
00:29:23
Speaker
Yeah, fun and not so fun. Didn't you work out who's going to go first? Yeah, I'm going to go first. Oh, this is new. I know. I just looked about point two seconds ago and the last two are specific to us. So I had the. Comfortable reverse engineer it. Yeah. Yeah. Yeah. OK, go. OK, the first one to go on into day four is concert specifically Taylor Swift.
00:29:52
Speaker
1000%. Yeah, I have personal experience with this. but Speaking of which just this is just for first law. But when I ordered the M&Ms in the private suite. Yep. This is really more of the size bag I was imagine. Yeah, it was maybe like one person. Oh,
00:30:16
Speaker
I was loud. Was it not that nice? No. i No, but I'm saying like it it should have been like per person for how much I spend on M&Ms. Dang. yeah it was a lot All right. All right. Next. Another fun thing to go into debt for.
00:30:36
Speaker
um Because, okay, well, this doesn't need an explanation. I think it would be really cool to have a raccoon sculpture that is bedazzled. And I would be willing to go into debt for that. I also really love that it makes it sound like you wrote it when I was the one that did. Yeah, but you took we share a brain cell. So yeah, like true. i would definite know even to brag about that i I actually, why not like a stuffed dead raccoon?
00:31:05
Speaker
Uh, no. I can see that for you, Sarah. It's a little too real for me, you know? yeah Taxidermy is not really my style, but I don't know. I do think it would fit in with your word for your situation. It would. It would.
00:31:25
Speaker
Okay, next. and The next one to go into it for the newest iPad, both Sarah and I have experience with this, unfortunately. It was my COVID purchase.
00:31:41
Speaker
That's still kicking. It's doing great. i say it's really that zone and um Yeah. Yeah. yeah I guess it's all subjective. It was one that came out like a month beforehand. If it's like the brand new ones, they are pretty soon. I mean, what's expensive? Like, what are we talking? A thousand? A couple thousand? An iPad? I'm pretty sure it was. I mean, it was four years ago at this point. I've kind of blocked it out. Even if it was a thousand, I'm putting that on the credit card and forgetting about it. Oh. Noted. Okay.
00:32:19
Speaker
Yeah, it was like iPad Pro. Oh, okay. All right. All the stuff. I don't need all the features. Yeah, I regret it. Um, vacation stuff. Happily went into um or will go into that for vacation stuff. Can we elaborate on what vacation stuff means?
00:32:41
Speaker
Like, so anything from like activities or... Towels. Just, just... What? Towels? Hotels. Hotels. Hotels. Wait a minute. Like, whatever. Wait a minute. anything say i walking Say hotel. Hotel? Okay, that sounded normal this time. She did say hotel when she was like, hotel. It was emphasized oddly. Hotel. Hotel.
00:33:08
Speaker
yeah No, no. Okay. So vacation stuff, anything from like just the fun activities and everything. It's just like, it's kind of just like money out the door. Like, uh, you know, you just, Oh, cause you're literally leaving your door. Yeah. Yeah. It's just one of those things. It's like, it's so worth it. It's like a concert. It's so worth it just to go like blow money and be like, yeah, whatever. Here for a good time. Okay.
00:33:39
Speaker
okay Okay, the next one, little treats. You're doing real well. you know I mean, like, you got to get yourself a little treat now and then to pick you up, whether it's like Starbucks in the morning or Dutch bros or Sam. i not a sponsor I want to know if you're if you are going into debt or Starbucks. No.
00:34:07
Speaker
Listen, earlier this year, they did have to stop altogether. We almost lasted a year. I'm kind of we. I mean, we almost lost a year. Yeah, it was in January that we started. Yeah. I'm going to say almost a year if y'all would have made it to like midnight. no I'm going to kill. Absolutely. Did not make it three quarters. We could have kept going. We just.
00:34:29
Speaker
didn't want This is practically mid-November. I have to interrupt this for a notification I just received, breaking news. hurricane watch issued for what is likely to come Sarah. That's the first hurricane Sarah ever. We've been, we've been waiting for this actually. It's not worth an H. It told me the next day with Sarah and I got really excited. Yeah, we've been waiting for this. I think it's in the Caribbean and gonna maybe go towards Florida. Man, Florida. They're just so missing us this year. Why don't they name tornadoes?
00:35:08
Speaker
There's so many of them. Because we we actually named Poppy the Texas tornado. Oh, nice. That's true. The true story. She has a Poppy name. That doesn't fit hard. But like, I feel the arcades are you can watch tornadoes, they just kind of happen. And so many can happen at the same time and have one system and be kind of hard. And that's what feels like happens to our house with Poppy. So all right, back to things to go in debt for. So going in debt for little treats, um car service, I feel like that's necessary. It's not fun at all. But you know, sometimes you got to do what you got to do. Fine service like maintenance things or getting it detailed. Like maintenance things sometimes it's or tricked out.
00:36:05
Speaker
Yeah, no, don't go into debt for that. um you know I'm so worried. Strong strong feelings about that. I guess so. but yeah
00:36:19
Speaker
Okay. um Sam, this is you. A dog, specifically $5,000. Take it away, Sarah. I had a friend from high school pay $5,000 for a dog and have to pay monthly for her dog. And I just thought that was absolutely insane when you could get a little street rat for like 20 bucks in the shelter. A little street friend. yeah That's nothing. um So we have a Frenchie and we we only do rescues. Okay. But the story with this Frenchie we lucked out is someone laid out like eight grand for this dog.
00:36:56
Speaker
And then as a puppy, he got some severe medical issues. So this couple that ah that paid this money for him from a breeder decided that they didn't want to deal with all these medical issues and wanted to adopt him out. So a rescue group took over. So we ended up being able to rescue a purebred Frenchie that was only a few months old. Dang. It's wild. I know. Chandler Bing. I hate Chandler. I have beef.
00:37:26
Speaker
you You talked over me. Our dog's name, our French bulldog's name is Chandler Bing. And Sam and Chandler have beef. I think more chief more more he has beef with me. Yeah, I don't know why he doesn't like you. Yeah. It is weird. Because he likes everybody. So people, please adopt. Don't shop. up Thank you. Doesn't like Kiwis. He knows you have cats.
00:37:51
Speaker
Yeah, maybe. We have cats, Sarah. We have three. It's just the way he like, my legs are just shrieked or like streaked with like his scratches was insane. Yeah, he really was trying to- Is everybody gonna skip over how stupid the thing is that Sarah just said? I completely forgot you had cats. I have three cats. She literally posted a picture of Memphis today.
00:38:16
Speaker
I thought that was just like you're saying Sam only has cats. Like he doesn't smell a dog smell because I have a dog. Let's go with that. Yeah. Yeah. That's what she thinks. So it's fine with you. Yeah. She's a cat person. All right. What's next? I thought it made sense. All right.
00:38:35
Speaker
The most expensive purchase for all that I'd be willing to go into debt for, is I would be willing to buy a mountain, put a house on it, name it Mount Kona, and live there. And I would happily go into debt for that. That's- Or you could go into debt moving to Kona. Do you know where Kona is? No.
00:39:03
Speaker
Sarah, why do you do this? Why do you set yourself up like this? I didn't realize I was setting myself up for that. Just Google real quick. Do you know that there is a city or town named Kota? There's probably many, but there's really only one that matters. Are you familiar with Kona Coffee? Have you ever thought about where that comes from? That's actually what Kona's named after. The coffee? Really? It's the Kona Coffee, yeah.
00:39:33
Speaker
And so the Kona coffee comes from Kona, which is located where? Hawaii. But which island?
00:39:44
Speaker
We'll really and do some research before this. Which island, but Sarah? um How do you say it? Don't over... Kalua? What? No.
00:40:02
Speaker
I don't know. Wait, I need a big map. There we go. ah The island, the island that Kona's on. No, what is it called? No, it's forever Kalua. It just says island of Hawaii. Yeah. On the map. Okay. That's the name of the island. Okay. Did you know that the islands, the Hawaiian islands, there is an island named Hawaii. It's called the Big Island, but the name of the island is Hawaii.
00:40:32
Speaker
I did not know that. That's why I'm in debt.
00:40:39
Speaker
you you don't know she like I'm in too much debt to understand the islands of Hawaii. You know what, Sarah? I think you should stop paying your student loans because they've already taken it from you. so
00:40:52
Speaker
Whoa. Man. All right. And now, Sam. Okay. So what I would be willing to go on to debt for is I'm going to buy a really big house, right? I'm going to renovate it. I'm going to get out the walls, maybe leave like a room for me. And then I'm going to add like cat platforms and trees and everything and all it. And so it's essentially just that house for my cats. And then I can also adopt more cats inside of the house. I actually am really behind this.
00:41:20
Speaker
Or, and I just thought about this, I finally get my cat barn. Cat barn? Yeah. Yeah. No, thank you. It's on my mood board. Smell atrocious. Yeah. We don't live in the barn. Well, no, but even if you have like outdoor cats, like if you were ever in a place that's rural and there's like a ton of barn cats, it all got to go somewhere.
00:41:46
Speaker
And so you just have this cat ammonia smell just wafting the breeze. I'll put a few air freshers. Nothing. That'll do the trick. Yeah. Yeah. but nothing the And that was our list. My list of cats.
00:42:04
Speaker
how many I'd want is purely based on where I can put litter boxes. Cause I'm very, very particular about where litter boxes go and I'm not an outdoor cat kind of person. So that's the only thing that prevents me from getting more cats is I don't have good places for litter boxes. And they say you need to have the amount of cats plus one is the appropriate amount of litter boxes. That's what they say. And I've never done that.
00:42:32
Speaker
I've just had very agreeable cats that can figure it figure it out. Yeah, same, thankfully. But yes, yes, you are supposed to have a litter box per cat plus one. ah So we have four litter boxes.
00:42:48
Speaker
but We do not. No, because I don't know where I'd put them. But if Sam had a whole house, she could do a whole room. I would recommend a room of litter box. Yeah, this was thinking like a room and you have like those enclosed ones. So they're not thinking as bad. Oh, I had a cat that wasn't down with that. I have spent I've gone into debt with the fanciest, most amazing. I had one of those litter robots, not a sponsor.
Closing Remarks and Social Media Promotion
00:43:16
Speaker
Actually, two of them that like didn turn out. Yeah, that's one of those like.
00:43:23
Speaker
Most of my cats, they're like, just give me a box. Don't put anything over it. Just let me do my business and let me get out. I don't want to hear some fancy shit. I need to have like a cover on it, even though I don't have one at the moment because Berry kicks it everywhere. It'll be like halfway across the room. He's actually the cat. He's almost 15 minutes in there just kicking it everywhere. but Oh, I thought you meant yeah his litter. Yeah, like the litter of him trying to cover it, even though it's being covered. We have the little pellet one now, and then it has a tray at the bottom that has a pee pad in it. That works pretty well. But because we actually have two g litter boxes for four cats, it has to be changed once if not twice a day. Yeah, I usually have the electric one that has like the crystals in it. yeah And then you just change out the tray or the crystals like once or
00:44:16
Speaker
Once a week, twice a week. I don't know, this became a litter box conversation. So anyway, so those are that's how you handle debt and in things that may or may not be worth going into debt for and litter boxes. Thank you for joining.
00:44:37
Speaker
Thanks for listening. And just to cover all our bases about what you just heard, I'm sorry and you're welcome. Make sure you subscribe so you never miss an episode and tell your friends about us. We do webinars and live events.
00:44:52
Speaker
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00:45:22
Speaker
much better. Yeah I thought that had a lot of energy.