Video: Man asks, “Should I sell my home to travel in an RV?”

Video: Man asks, “Should I sell my home to travel in an RV?”

Financial guru Dave Ramsey offers advice to man who calls into his radio show to ask if it makes sense for him to sell his home and travel full-time with this wife and children in an RV. Dave is, shall we say, less than enthusiastic, and explains why.


8 thoughts on “Video: Man asks, “Should I sell my home to travel in an RV?”

  1. Rob

    Interesting call, I and my wife were thinking about semi-retiring and traveling in our 5th wheel. As we have all read over the last couple of years the availability of places to park an RV has become tougher and the site costs are rising. Chuck has shown many pictures of campgrounds where the trailers are cramped in like sardines. If I was this fellow I would look for ways to bring in income from his current home to pay down his debt. Real estate value’s, in the long run, are going to keep rising. Like Dave said RV’s and Trucks lose their value very quickly. You have to avoid owning highly depreciating assets in life.

  2. Bill

    I think Dave’s focus is staying out of debt and minimizing the change for the family, which is good advice. The caller’s new job sounds like he could be moving from coast to coast between jobs, which is an awful long way to pull a 5th wheel and a family over the weekend, or even a week, between jobs when his employer probably wants him there yesterday.

    1. Bob

      The man said he would be working between Washington (assuming) DC and FL.

  3. Ron

    Dave is bang on to me,some folk can make good callsoutside looking in,great advice.

  4. Shepard

    We have 3 children because we got to an age where we could not have more before we did have a fourth.

  5. Karen

    I think Dave doesn’t really know about or appreciate the possibilities here. A per diem allowance basically pays for rv park rent. That’s free rent. Keeps the family together, kids benefit from travel a lot. There are very good on-the-road homeschooling programs as well as a vibrant fulltime homeschooling community. One can always find church if one looks.

    The main difficulty would be going into debt for a trailer and truck, but a used truck and fifth wheel could be possible for less. Sounds like an improvement over what’s going on now. Certainly, if wife and kids are adamant about not doing it, that would be different. Basically Dave’s asking this guy to spend more on rent and be away from his family for weeks or constantly fly/drive back and forth. That’s a recipe fir stress-induced illness.

    Off topic here, but I’ve always wondered why so many people insist on having three kids? I see this all the time and wonder why? Sure seems like two would be easier, money and management-wise. Plus, no one has to be the “middle child”. I have no kids, so of course know next to nothing about it. But I’ve always wondered. Can anyone explain?

    1. Dennis Daire

      I have 3 children and am very glad and proud of each of them. We wanted children, so our first , a beautiful girl, four years later we decided to try and have another child. We did and by the grace of all things holy we had twins, more girls! So as you can see sometimes blessing come a pair at a time.

    2. Bob

      In my case I had two by my first wife, after a divorce in which I had custody of my boy and girl I remarried a wonderful loving woman who adored my children but something was missing. She wanted one of her own, the first number was six. After birthing a 10lb8oz boy she was satisfied with just one.

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