Sell My Daughter’s Taylor Swift Tickets To Pay Off Her Debt?

[Music] brought to you by the every dooll app start budgeting for free today well I have a question and kind of wanted you guys to weigh in a little debate in our family oh we love getting in the middle of debate we love a debate yes well this this is going to be kind of a fun one so my daughter is 22 and she just graduated from college with some student loan debt and about a year ago she was able to get on the pre-sale and buy uh three tickets for her our my older daughter and myself to go to a Taylor Swift concert in Indianapolis on this coming November now hold on Jill Jill I need to warn you before you go any further in setting this question to debate up I am sitting next to quite arguably one of the biggest swifties I've ever met so this I don't know if I'm the biggest but that I met the right person oh no myter the right person okay keep going keep going okay so you know we had this back and forth over the phone as because she was um trying to buy the tickets you know and it's this fast furious thing when you're trying to buy them at on the you know the actual sale date and anyway she was able to get them and we got him for like $29 a piece wow is hold on a second hold on is that a good deal that's a fabulous deal like the resale I thought it the resell total splurge I thought that was such a Splurge you know it is relative to the way you see money people was were spending thousands of resale is it okay $29 each I'm just keeping score right okay keep going all right so and Rachel just said it right so now I'm seeing these resale oh it's crazy oh it's crazy it's insane yeah and so I told her like look you know we we we're we're trying to I know where you're going with this debt to pay down why don't you why don't we sell those tickets it we knock out so much you know the the Practical mom comes out in me right like why don't we sell those tickets and you can knock down so much of your student Lo that you'd be so far ahead you know and she says absolutely it's non-negotiable it's a bucket list item she's like probably you Rachel a Swifty and this is you know and it's her money yes and and no it was my money oh okay my money I paid for them but you know I mean this is and for me too I'm looking at like you know she's iconic I would love to go to her concert and um you know my daughter of all the people that she could take she wants to take her sister and me you know I mean that's great it's going to be a fun thing and goel heart is looking forward to it I'm look so looking forward to this okay so hold on right stop again practical mom I know I'm going to be practical you ready here we go let's start breaking this down um okay it's 209times three okay so I got $627 if my math is is is but if she resells on what we're not to resell yet so you spent $627 what would your what would your take be what Rachel now walk us through what do you think you can make on these tickets okay so I just like briefed it today before this call Okay and like okay so we're in the 200 level of seats right you know so good seats good uh 600 level seats like nose beder seats just sold for like two grand a piece 400 level three grand a piece and there are some 100 level that's just sold for $4,700 a ticket so we're easily talking about four grand easy 10 yeah 10 I'm thinking it would average out between three three four grand a ticket easy yeah per ticket I get it I get it uhhuh uhhuh and where would the money and so if we did that uh and so we would be netting let's just let's let's go uh 3500 a ticket to be modest and so what are you looking at 105 10 grand how how much is the student loan debt yeah what's it going to 24 so her student loan debt is 24,000 correct and that's what you would want to put the money towards absolutely 100% of it would go to there all right and you initially invested $627 that is correct and the only reason that you can that that you can net let's just call it 10 let's call it shy of just shy of 10 grand is because you bought these tickets would you be putting 9,000 plus dollars towards her student loan if you hadn't bought these tickets I would not all right I'm going somewhere uh I think well I don't I don't care what anybody says I I wouldn't I wouldn't I wouldn't resell these tickets what okay I are you shocked at his response yes Jill this is the holy spirit moving no no let tell you what D dare I say why she wouldn't have put that money here's the deal Jill you weren't planning to to to cut a check for $99,500 to put on your daughter's student loan ever I was not so my whole point is is that this is like a windfall right if I if if $99,500 fell into my lap I might do that I get it but this is your daughters it's a Once in a-lifetime concert oh yeah I I agree you go Jill go to the concert I agree oh you were just shocked at what I said or was that because I'm so thankful that we were together on the same team that our opinions lined up I thought you were I you were be SC tell Olivia tell Olivia please tell Olivia that we're going to the concert oh Olivia you guys go to the Taylor web concert and she has the new torture poets uh she has her new album she has a whole new set a whole new thing yeah I I just I I I will tell you this I have a set list playlist that I have it's fantastic learn all these songs I went to two I went to two I went to the Nashville one and then I flew my husband out to Seattle with me to go to the other one kidding listen I so fun I just here's why I'm saying that you weren't going to do this anyway and I think your daughter said absolutely no way and I think it creates an unnecessary tension she's 22 she needs to pay the thing off herself anyway um there's a lot of reasons I want our audience to know I'm not just I I just think when I look at something like this this is about the emotional not the financial and could you go to a Taylor Swift concert in the future yes you could but I think you're looking at this and you're going oh my gosh and who wouldn't consider the resale value believe me I would be thinking about it but when it comes down to it I'll just say this this is a personal anecdote uh I'm no Swifty I she doesn't particularly do anything for me at all but I have a 15-year-old daughter and when my wife and I were in Europe last year for our 25th anniversary we got a text from sweet Josie and she had gotten invited the night before Oh to Taylor Swift concert at the Titans football stadium and it was and and so we were like of course you can go have fun it was a gift from her friend's dad blah blah blah all right so we returned from Europe and one of the first things I asked my daughter was tell me about that night and to see her describe that that night and then I had a friend 6 weeks later who worked for Taylor Swift's merch company it was a new friend we had cigars and I say really you work for Taylor Swift blah blah blah blah blah blah he goes yeah do you want some merch for your daughter I was like if you would make me dad of the year he put a bag and I mean giant bag of Taylor Swift merch a tour stuff the latest Tour on my front porch and here's here's the story thank you for audience for giving me a little latitude when I walked in my house Kelly and said Josie come downstairs I got a surprise for you and I told her the story I didn't buy this this is from a friend of mine she got she cried when she began to open up hoodies long sleeve teas t-shirts and I said to myself I don't get it but I get it so my advice here is everything will be all right if we just keep dancing like we're 22 oh your daughter's 22 she is it's perfect I don't know about you but I feel I had to pull the lyric up I cheated and and she will not be down bad crying at the gym now so we're going yeah you know this is my F this is what happens when Dave goes out of town this is the show that we all needed America this is it this is the segment we all needed yeah you know you can't be grumpy Grandpa Dave in this situation Jill this is bucket list make memories with your two daughters and she needs to pay off that debt she needs to pay off the loan she needs to pay it off create your free every dooll budget today the simplest way to budget for your life