Episode 13: DJ

Meet DJ

Age: 33

Salary: $2060/net monthly

Employment:  N/A

Savings and Investments: 

  • Checking – $20
  • Savings – $1175
  • HSA – $500
  • 401k – $903. 30


  • Student Loans: $58,049
  • Credit Card: $533
  • Bankruptcy was discharged in 2012
  • Home Foreclosure was included in Bankruptcy
  • Fiancee has $200,000 in student loans

DJ’s main concerns, in his own words:

I just proposed to my fiancé a few days ago (she said yes). We would like to plan a wedding and also put a down payment on a house. I have two children from a previous marriage and also there is a bankruptcy on my record. I would like to get some advice on whether we should buy the house in her name or should we pull our money together and purchase one after the wedding? My credit score is 682. Her score is higher than mine.

Also to add another layer so I am a vet, and I can use a VA loan. I just don’t have that much to put down for a down payment.

Special Note*** Here’s the link to the Public Service Student Loan Forgiveness Program we discussed on the podcast

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