Shownotes Transcript
To watch episodes of Financial Audit a week earlier, check us out on YouTube. Hi, my name's Priscilla and I'm 26 years old. My name's Tony. I'm 26 years old. We live in Lutes, Florida. And this is Financial Audit. Thanks for coming over from Florida, guys. Let's start with you, Priscilla, because you're welcome. Because you're right. Yeah. Because you're right in front of me. Let's start with you. What do you do for a living in Florida? I work in accounting for a real estate and property management firm. Very good. What are you making?
uh 21 an hour how many hours a week 40 what would you say hits your account on a monthly basis um i think it's 14 26 14 25 okay all right sorry is that a paycheck per paycheck every two weeks yeah 14 26 okay you got it yeah okay encouraging off the bat you have to be you had to be you got to roll with it and anytime you go through you just gotta go
All right. Yeah. Oh, wow. All right. What do you do? It's one of those days. So I am a private investigator. The ironing poisoning is... Yeah, f*** it indeed. In my job, we work with creditors foreclosure. I'm going to go with it. With the foreclosures, we do with that debtors, collections, replevance. We are the people who find you, trying to find your information and try to locate you so the courts can get processed. And what do you make? I make $17 an hour. Oh, that was a lot for $17 an hour. I'm proud of my failures. Okay.
You know, what are you going to do in life? I'm going to try your best and you just do what you can. Yes. What the fuck are you doing? You're just sitting there giggling. You know, it's just when the stress comes over you and you just kind of. Are you stressed about being on camera? I am a little bit. Okay. But with that being, that's where it is from. But just having to be here. Come down. Come down with me. We're here. We're filming. We're talking about your finances.
Easy. Okay. So how much hits your account on a monthly basis? How many hours a week do you work? 40 hours a week usually hits around...
There's two paychecks in a month, right? Three. Okay. Two depends on the 2200, 2200 a month. Cool. So how do we, is this a dual? I'm assuming we're on a dual income household. Are you guys married? We are getting married. So getting married. This is a pre marriage conversation. Yeah. Okay. Are you running away from this as fast as I am about? Uh,
- I'm thinking about it. - No, you've been stuck with me ever since. First day of freshman, no, we're not gonna go past this, I'm sorry. - Freshman? - First day of freshman year, I saw her look in her eyes, I'm like, this is the woman-- - Yeah, but how old were you? - I was the same age, I was a freshman too. I'm 26, she's 26. And so I saw her, I was like, I fell in love at first sight, chased you down like a rabid dog until senior year, until you finally gave me a chance, like fine, all right, I'll put up with you. You've been stuck with me ever since. - I finally said yes, and then here's where it got me.
That's where I got you. Yeah. Over here. Yeah. Is this what he's normally like? Is this what he's normally like? Yeah. I'm actually worse and I'm sorry. I really am. I don't know what that means, but. Yeah. I'm frantic. I'm kind of crazy. I'm out there and I kind of just go with whatever I'm feeling. The more nervous I am, sometimes I just go and just. His sentences are running because he's nervous, but he is like this. Yeah. I'm not running. Do you like it? Yeah.
I mean, yeah, I want to marry him. Yes. You do? Yeah. Good answer, Zane. Good answer. You said $2,200 on a monthly basis. Okay. $5,000 on a monthly basis probably hits on household. Okay. How are we living? How are we in Lutz, right? Lutz? It's an expensive place. Lutz is? Yeah, it is. I've never heard of Lutz. Okay. It's a smaller area just right by Tampa. So how are we doing? What's life looking like today?
Life is looking like today. Trying not to live paycheck to paycheck. Stop using the damn credit. And even though. So are you trying then? We are trying. We are. I mean, trying. We do our job. We go out. We pay the bills and everything. But also we try to save when we can. But we suck at that. Yeah. Why? Why do we suck at that? It's the temptations of impulse buying. Like, oh, I want this. I'm not really happy. So let's get this. Normally, like.
He's in the mood to buy something and then I'm not and then I'm in the mood to buy something when he's not but then we go along with it anyway. No matter what, I can see you not being in the mood for something and then he gets it because he just overpowers all the oxygen in the room and there's nothing you can do. No, I say no to you. Oh, absolutely. Yeah, but does he listen or does he sit on you? You listen. I try not to sit on you and I'm sorry when I do. But...
I do go along with that, and then it ends up costing us. Okay, so we enable each other's bad behavior. We tend to, yes. Absolutely. In hindsight, when you look at that... Oh, man, I should get therapy. Yeah, that is probably not the best thing to do. Do you guys sit down and talk about your money? Sometimes. Recently. What is sometimes? I mean...
What does sometimes look like? What do we mean when we say sometimes? So sometimes when we're talking about discussing money and stuff, we're like, wow, we don't really have much money this month. Where the hell is all the money going? Maybe let's not eat out as much or maybe try to get cheaper things from now on and try to delegate that. That's usually what happens. I don't even know where your money goes sometimes.
Wait, why? Why doesn't she know where your money goes? Because a lot of times it's just... Do you know where her money goes? I just figure it just goes to... So you don't know where her money goes. I don't know where the money goes. Yeah, we don't really talk about it. No, I don't. Why do we not know? How informed are we on each other's financial position? Scale of 1 to 10, I don't know. I just found out today he had a savings account that is costing him... With fees. With fees.
Yeah. How are you guys getting into marriage? How long have we been engaged? Two years. You've been engaged two years and we don't know anything about each other. So we know like the microcosms about each other's financial position. Yes. Yes.
We know what we make kind of at time to time. Is this a we're afraid to get old until it's settled down situation? What's happening? You know, when you put it like that, a lot of the times you're like, we want more experiences. We want to have that fun. We don't really want to try to focus on the small things. Let's try to figure out like the happiness ahead, the happiness of now instead of like hunkering down. Mm-hmm.
And that's pretty much just how it is, really. We go through, we see it, and it's like, oh, we'll handle it another day. Another day, we'll do it. Another day after that. Yeah, but, like, I don't... I see, like, all these random things on your account, though, and I just... I feel like if we...
What does that usually look like? And then what do you ask? What does he say? Well, like they're trying to get a baseline here. Cause this is a fucking, what the fuck? Finding out that like you go to Duncan before work and like things like that. So I just feel like a single one. Are we worried about a single one or is this, are you recognizing ongoing patterns? What are we seeing? It fluctuates. It becomes a pattern for a while and then it stops. It stops. Does that sometimes the lottery craving hits and then you got to, he gets lottery tickets a lot. So I,
What do you know about his financial position? He doesn't understand finances very much and sometimes struggles to hold back.
Yeah. What? Spending? Okay. What do you know about her financial position? What I know about her financial position is that she likes to put things towards savings. She likes getting a plan, things going on, budgeting through Excel, seeing where the money is going in and out and things and seeing what she can afford. Or sometimes you might need to help me with rent on things. And yet I'm still here, though. Yes, you're still here. But I think that's what I know.
That's what I think. That's what I try to do. So what are we doing here? What do you want from me? Because so far you've talked at each other. What are we doing?
What are we talking about today? So basically what we're talking about is that we noticed that our finances were not, they were only getting worse. You know, collections were calling me, things were running behind and it was a terrible situation that I wanted to get out of and we're going to be married soon. I don't want that to be in the future. I want that from our family and kids. Like I want to make sure that we have a plan before we start like a joint account. What have we done? What have we done to change that then? If this is something we want to do, what have we done?
He started using a spreadsheet that I... A spreadsheet. Yeah. Okay. For a month? Exactly. That's how it usually goes. Exactly. So, okay. Okay. Me. Yeah. It's one of those moments. One of those days. Gotta get into the finances. Gotta do it. Can you help me here? I got nothing. I mean... How do you tame him? How do you... Do you? No.
You just let this happen? Yeah, just kind of run with it. A lot of times I would just go and go and go. I guess maybe that could also go with the finances too. Let them run out and then go. So we're trying to fix things before marriage. When are you getting married? July 25th. July 25th, okay. Is it a small wedding, big wedding, mid-sized wedding? Have we paid for it? What is the situation? Because obviously that is going to be an expense coming up. It's a mid-sized wedding, I think. Okay, cost?
12,000. What have we paid so far? Well, I put it on a credit card. So it's not a credit card. And is it the whole thing? Yeah, it's covered. Yeah. So the wedding's done. Well, the wedding happened. Well, paid for, done. Paid for, done. There's a couple more expenses that need to be paid for. Yeah. So like the cake and then some other people. And then we're going to add some guests and that will cost more money.
How many people are going to this thing? 70, and it's all friends and... 70. That's a decent amount. Most of them are family members. Yeah. And of course, how much do we have in debt for this household? We're going into a marriage. What's the household debt number? What is the household debt number? Oh, shit.
Can you put a number on it? Yeah, this is, well, we certainly can. This is a scary situation that you guys don't even know what the household debt's going to look like. And we're headed into a marriage. We're already spending $25,000 or whatever on this wedding. Wonderful. On a credit card. So what is this household debt currently? $35,000. $35,000 or if not $45,000.
Has to be. If we're including school debt, yeah. Exactly, yeah. $45,000 at the height? Something, yeah. $35,000 to $45,000? Yeah. Sounds accurate. $87,741. You're f***ing kidding. Nope. $87,741. What? So you guys better not be going on... But it's like that. We still want to go to Japan after the wedding. We still want to do that. How'd that honey work? It's a wedding. To Japan? What the f*** did it cost? Two weeks.
All right, listen up. If you're a serious investor, you need a serious investing platform. Not those apps that look like they're designed for teenagers risking allowance money on meme stocks. I've been using Moomoo for over a year because it's built for actual investors.
The platform helps me cut through all the nonsense and see exactly what the big players in the market are doing. And my absolute favorite feature, institutional tracking. When everyone else is panic buying because of Jim Cramer or Reddit, I just pull up Moomoo to see the actual trades from the big institutions and hedge funds.
It saved me from making some pretty sketchy trades, like almost buying the dip on that one movie theater stock. Plus, they give you fundamental analysis tools like insider activity tracking, Morningstar equity research reports, and real-time market news. All built...
right into the app. That means you won't end up with a desk buried in PDFs and spreadsheets like Michael Berry. And the cherry on top, there's zero commissions on stock trading and super low margin rates starting at just 6.8%. So not only are you making investing smarter, but you're also saving money along the way. Still not convinced? Moomoo gave me my very own new user promotion that literally
no other creator has. All you have to do is sign up and deposit $2,000 today and Moomo will literally give you $150 in cash rewards towards your trades. And for any cash that just chills in the account uninvested, you earn an 8.1% APY for three months. Whether you wanna build out your investment portfolio, level up your market analysis, or you just love getting cash rewards,
This is the platform you need. So hit the link in the description to get started with Moomoo and claim your $150 cash reward after making a qualified deposit. Thanks again to Moomoo for sponsoring this video. Let's get back into the audit. Okay, so have we got this priced out? Obviously, is there paid time off from your all positions? Are we losing income?
With my job, I'm trying to save up the PTO. They don't allow for up to two weeks. They can't do it. Only a maximum of 40 hours of doing that. I'm trying to talk with my management team to see if we can try to extend that. From 40 hours to two weeks? They said they could only do a limited PTO of 40 hours. You can't go above that. That's okay. And you? Yeah, my job will allow it. Two weeks. Paid time off.
paid time off most of it probably about 10 days so we have a little bit of lost income more on your side a little less on your side and then what is likely going to be thousands for this trip have we priced out the trip what do we know about the trip 87 000 double the debt you guys thought you had double the household debt yeah we're going to japan spending 25 000 hours on our credit card and then we're still expanding the wedding even more so how much is japan
How do we not know? We're headed there in a couple of weeks. It's a country. We know where it is. We're not going to have fun there. Have you not done the travel plan with someone? Five to 7,000 is what I'm imagining. 7,000? Five to 7,000. Five to 7,000. So we want to get this closer to six figures to debt? We're trying to just get there closer? Because you're not cash flowing that. You're not cash flowing it. Going to Japan? Yeah. Sure. On debt. Yeah.
Well, we're trying not to. How? You can't even cash flow a single cent of your wedding. How are you going to cash flow Japan? I guess try to save for as much as we can. Yeah. Try really. Doing that, getting our credit cards, getting things manageable, build a small savings for it. That's pretty genius. In a few fucking months, your debt is double what you thought it was. What are you talking about? Do we want to go into this marriage with a bunch of debt? Is there an anchor in this relationship as in holding back the boat from going forward? No.
Is it equal distribution of theory? What is going on here? Self-diagnosed. What is the problem? I guess the problem was that it's really just we're too focused on just the present. We want these things. We want this nice clothing. We want the new video game, the food. I mean, I feel like I've been a little bit of the anchor with financials, though. You're holding them back? No, like...
Keeping things afloat. Okay. So how are you going to attach yourself to this in a marriage situation? I mean, we've been trying. We've been trying. No, no, no. I know you've been trying. How are you willing to do that? Cutting back expenses. I'm not asking what you're going to do. How are you okay with it? You try to do better, and you have this person that's going to dramatically hold you back.
And it seems like everything's a joke to him as far as I can pick up so far. So how are you okay with that? I mean, I don't know. I'm just living life. Oh, my God. You guys are going to be in debt through your 40s and 50s. It's really, that's not what we want. Is that what you want? But listen to your language. Yeah, I listen to it. And it's like, I can justify it in the moment.
But if I'm just going to destroy the future, I got to really get out of the mindset of getting all that, not planning these shit. So 5,000 came in, right? Yeah. What was spent last month? Last month. Household. Because we're going to be a combined household. So what do we think? 5,000 came in for the household. So that's your normal month. What went out for the household? Let's have your guess first. Let's have your guess first. I would probably guess. I'm going to guess 7,000.
Okay, so we're okay with spending $2,000 more than we make. Great. I was going to say $6,500. Why are we okay with that? How do you say for Japan spending $1,500 or $2,000 more than we make? Where's this cash flow, Japan? Huh? It was an off month. Yeah. Every month will be an off month in different ways. Come on.
We can just open up a new credit card. We can go to Japan. No, no, no. Yes, you can. But if we're trying to get over six figures in debt, you said you were going to cash flow. That's what you just told me five minutes ago. Yes, I did. Absolutely. Cash flowing it, you dumb tit. We're not opening another card. It's planning. You better not. No, I'm not. I'm not going to. I'm trying to think of ideas. Ideas to get this path going. By the way, $8,130 was spent last month. Just in the last month. Of all the money going out. All the money going out.
Eighth. All the spending. What do you think your combined household financial score would be? I'm going to go three, two, one, go. On go, I want you guys to give me your answer at the same time. Ten being the best finances, zero being the worst finances for the combined household. Three, two, one.
1.5. Okay. Well, at least you guys seem to be reasonable there. Guys, if you want your Hammer Financial score, check it out. Go to calebhammer.com or click the link below and take the test and we'll show you where you are in the world of finances. And if you want to come on this show and you're a little quieter, go to calebhammer.com slash apply and I would actually be happy to have you in the studio. Chase Inc.
I mean, if we know we have like $85,000 to go through, I'm not really surprised that this is so dense. Okay. Chase Inc., what's going on? Are we both on this? Is this someone else's? Like, is this an individual card? It's going to be Priscilla. Priscilla. Okay. So what's going on with Chase Inc., Priscilla? Wait, what's the balance? I'll tell you. The balance is $5,910.12 with a minimum monthly payment of $147.
What is going on? I think that was the business. Yeah, was that the business? What business do you have? We used to have a business. Absolutely. You both? Yeah. I didn't have the good credit. She had the good credit. So we took a venture in life. So we opened a credit card for it? Absolutely. Got to start off with a business. Sure. What about a small business loan? What about a personal loan? What about something that's not 30% interest? What are you talking about? I thought that would be worse than doing a credit card. Yeah, a 12% interest loan is worse than...
Yeah, it's like they give you more money to use it. I'm not crazy. That's a thing. I didn't know you could do a personal loan. I don't know if you would have gotten approved for one. Do you mean your limit going up? Yes, absolutely. But this is more ability for you to get more debt. But it can be managed if the business is going well and everything. Yes, it can be. But if you have interest in minimal...
- Bar with me one second here, my man. - Bar with you, okay. - My dog, my brother. So with you going into it, it was a great market with all the research going on. You gotta know what rarity is. - With all the research going on. - Yeah, you think it's a poker fishing in the table? Not gonna happen, no. You have to see what are the conditions of the card. What is the market? What is the season? Is it a core deck? What rarity is going out? What's the limited edition? Going to Starlight. All this research is going out, inflowing, transportation of all the things.
How much is this postage going to cost? Stamping, weight, all that. I did all the research. Who did the calculation for postage, stamping, costs, all that? You did. Okay. Yes. Just want to make sure. But I researched about the value of the cards and everything. Okay, yep. Yes. You know his face looks like a circle of pubes, right? Jesus Christ. Holy. So obviously this business did not work out. You still have debt on it. You still have debt on it. It worked in the beginning. It worked in the beginning, but it didn't... I don't care if it works in the beginning. I care if it works in the...
throughout continuing as in giving us money. What is the beginning to work the first month? What are we talking about? When did this end? What is the status of it now? Okay. So it's basically, it's like dissolved. Yeah. Yeah.
Not the debt, no. The status of it, the world in the beginning of it, it was going good. A couple of $500 a profit, $1,000 a profit a month of how the system, but we hit one flow of a bad batch and got lost a big investment on that. It's basically a...
lottery every time we buy a case of them. Oh, really? We're like loot crating this. Oh, this is so stupid. And you're hoping to get cards where within the batch overall it's more value than... Oh, that was your business? Your business was lottery cards.
So your business was lottery. I was tired of the day-to-day job. So why don't you do something that provides value then? It could provide value. Open a starter store. Sounds like you have a lot of debt on this card still, so it didn't really work. And one month set you guys back and led to the inevitable collapse. If one month led to the collapse, this was not a business that was going to be successful.
Doesn't mean it can't be successful in the future. So far, no success. We were hoping to grow it and it just... Oh, you were hoping. Oh, good guys, we were hoping. You got to have hope in life. What else is there? Of course you do, but it's not hope alone. It's with a plan, with a strategy.
The hope is to the goals, but the hope isn't the only thing that gets you to goals. You have to have a step-by-step plan. And it's always going to change as it moves, as you go along to get to that goal. I want it to be like your own boss, your own hours, everything. You can focus that, manage that. Why didn't you start, again, a business that provides value?
value then people like cards people do like cards but you were just hoping to game the market you were day trading Pokemon Yu-Gi-Oh don't insult me like that I don't know that's not my thing I mean like I didn't know much about it but I was willing to invest with them and stuff and give it a try well okay
okay so we went into debt for this we didn't even cash flow it because if you cash flow the cards in there to down month oh oopsie oh well you went into debt how did we gain six thousand hours of debt in yugioh and yugioh we used our own money too guys this is pretty exciting well i'll zoom in let's talk about this for a second okay so i do a little bit negotiating here and there you know when we're having sponsorships and stuff like that and you know i've been working with moomba for a while and i got a
I got a little special negotiation for you guys because I wanted to get you free money because if I get money from them, I want you to get money from them. And then, you know, we're all happy. And the thing is, what I got was exactly what I would want to get if I were putting money in an investing account. Immediate returns on investment. So right now, I got for you guys, and only you guys, literally no other creator has this. If you deposit $2,000 into Moomoo, you get an instant $150 and then 8.5%.
- I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm sure. - I'm
Honestly, the truth is we just got tired of the business, tired of doing it. And we're like, let's just abandon it. It wasn't worth it anymore. I mean, we tried to cash flow it. We put like thousands of dollars into the business trying to buy. Business? Okay, okay. Lottery? What the f***ing lottery? We were trying. Lottery? You cannot allow this man to convince you into this kind of s***.
Get a brainwasher. But she went along with it because she loves you and she wanted to support you. Well, I love her too. And it was, we had conversations multiple weeks, multiple. Whoa, whoa, whoa. I've always wanted to try a business. No, all I'm saying is you really wanted to do it and you, you know, convinced her because she wanted to support you. And don't go along with that. Call him out as bullshit. I mean, you're, how much have you spent on this? Into this business in general?
We probably put about like seven grand into it. Oh! F*ckin'- How long did it last? About a year. A year, right? Less than a year and a half, yeah. Yeah, something like that. If I literally put that money
into just like an empty Moomoo account. It's the investing app I use. Literally just like $2,000. You get an instant $150, which is incredible. And then you get another like 8.1% APY on that money. Imagine $7,000 doing that. That's like a 16% return like instantly pretty much. Imagine $7,000 just sitting there on that 8.1% APY. But instead we put it in the Uyghur cards and now we have a $5,000 debt.
$5,000 debt is all we have left of it. I didn't have the heart of the cards. It's accruing almost $90 in interest on a monthly basis. But it's not going to be there forever. Says who? Me, I just said it. What evidence do we have to suggest that? Because I see only minimum payments, which you're right, it wouldn't be there forever. It would probably be paid off in like 30 years or something. 30 years? I don't have the exact... Not even 10 years it would take with a minimum. I mean...
No? Am I in the wrong here? We'll pay more. We'll pay it sooner. Am I in the wrong? On what? I don't... So, like, okay, let's say we did the minimum payments. Would it take, like, ten years, seven years? I don't have the math in front of me. An absurd amount of time is what you're telling me. An absurd amount of time, absolutely. Oh, you're embarrassing her. You're embarrassing me. This is insane. How are you not embarrassed?
You're talking about me. So, oh, this conversation's miserable. Are you guys not miserable? I am miserable. No, I'm having a good time. I think you're the only one. The audience probably isn't having a good time either. Everything's a joke to this guy. You know, your marriage might be considered a joke to him too. I don't think it is. I think it's a journey and experience. I think I would actually be concerned. I'm concerned. Discover it.
I would love to discover how to leave this room right now. 3,980. There sure is, but I have a job to do. It's usually the best job in the world. Today. Okay. $86 minimum monthly payment. Purchasing.
Okay, whose card is this? Discover it. That one's mine. What are you doing? Why are you purchasing? I thought you were the good one. I thought you were holding us above water. Are you purchasing $195? Well, $65.94 of interest is accruing. The good one is a relationship. There's subscriptions on it. Cancel them or move them somewhere else. Listen, you're not the annoying one, but that doesn't mean you're automatically good.
I mean, he's an authorized user, too. I only use it during emergencies. I don't just go spinning willingly. Why don't we have an emergency fund? How long does this take to pay off? Minimal monthly payments only without purchases, and you're incapable of not purchasing, especially allowing this man to be an authorized user. How long does it take to pay off? Please. You gotta guess. Please. 36 years. For fuck's sake. No, 16. That's still insane. Okay.
Only with the minimum, though. Yeah, but you purchase on it. It's a credit card. You make purchases. It's vapes. This f***ing show. Addictions, dog. What can I say? No, I think it's like everyone with bad finances in this world also makes bad lung decisions. Like, this seems to be a f***ing trend. It's not tobacco. It's not cigars. You're right. It's probably worse. You said it's w***. No, I said it's not w***. It's nicotine, bitch. Yeah, but we don't know what the f*** is even in that.
Renaissance Benefits? What is this? Oh, that's a vision insurance. Vision insurance on a credit card? Yeah. Just pay for it with your fucking money. I always thought it was better to have at least one purchase on it a month.
That's still open. Sure. But I guess and that's if you're paying it off every month, you're not even paying off more vapes. Forty five dollars. Forty two dollars. Twenty one dollars of vapes to Amazon orders at a 17.24 percent interest rate. You got to restock. If you're into you got to get your supply. So you see in the bulk, you know, it's not we're not the ones getting the disposal. We have a mod. We have a vape. You got to get the juice coils. You're good for a couple of months. It's cheaper than going to the disposable. I promise you.
I'm going to lie to you. I mean, I recently quit nicotine too. Is that what he said? What was the two? Oh, just... I'm not processing any words he's saying because I just tuned him out. So I thought maybe through that entire rambling mess he said that maybe he stopped. No. Okay. Okay. No, but yes, you did recently just stopped. Good. Good.
A month clean, I believe. Should I kick him out into the lobby so we can continue this conversation? Wait, wait, if I get annoyed. Tell me what I can do. Shut the fuck up.
Stop trying. Are you trying to be silly? I'm not trying to. It's just the stress and anxiety. Oh, my God. You know, if I keep laughing off, maybe I don't have to face the things I'm feeling. Face the things you're feeling? What are you feeling? Terrified. Terrified of what? Seeing how this is. Why haven't you done anything? Because I try to avoid it. Try to run from it. What does that do?
It just makes it even worse. Go on, go on. But then it just keeps getting piles of piles. The pile gets bigger. You don't want to look at it. And I want to start looking at this and get this done. Okay. So you want to start looking. Then why haven't you? I recently started doing that, looking into it. I built an Excel sheet. You've built the Excel sheet. We know about the Excel sheet. You haven't done anything with it. It's my Excel sheet that you're using.
I didn't know how to do it. All right. Neither of you leave this office until you download the Simpler Budget app. You download that. We'll get you the premium version for free. There's a multi-week trial out there for people who want to test out the premium version. And if you want the Founder's Edition Simpler Budget Notebook, just take the annual option, which saves you money anyway, and I'll send you one signed. But either way, use the automatic account connection features.
Everything that comes with it, the community chat in there, keep each other accountable, budget this. Maybe it's a household preparing to go into this thing so you actually understand what accounts each other have because you'll see it in there. You'll see each other spending across the entire thing. You'll actually know what's happening. So you do not leave until you do that. Okay. We'll get that going. Yeah. Yeah. Which credit card did you guys put the wedding on? The one you're looking at. The wedding was on this card. Yeah.
What else do you... Okay. How much? It had a good deal. The wedding? They did. They said if you pay up all in front, you get $2,000 off of it. Okay. So we put, I think, eight grand on it. Why on a credit card? Because we were trying to get that. Because of that discount? It was like pay in full, do it now. So, I mean, we had a savings going. What?
Why not go into being able to pay for a wedding when we have the fucking money to? You're engaged for, you've been engaged for two years. We couldn't do two years to save up for this. We knew we wanted to do it. Okay. That's not what I said. What the fuck are you talking about? I didn't. You were saying like, oh, you're all engaged for two years. Yeah. You fucking wedding costs. Cause you knew you were getting married. What the fuck are you talking about? So this guy's, oh, I don't like him. Please.
- Please, let's talk about something important. You can do what feels like everything to prepare for your family's future, but be honest, how secure would their future be if you were suddenly not around to provide for them? Thinking of your loved ones struggling without you there is stressful and upsetting, but the good news is it's actually easier than you think it is to line up some extra protection so that they have some extra security in case the unexpected happens to you. But with today's sponsor, Fabric by Gerber Life, applying for term life insurance is totally simple
and convenient. You can get the coverage your family needs within your budget and the whole process is quick and affordable. And when I say quick, I mean it. With Fabric, you could get coverage in just 10 minutes right from the comfort of your own home and maybe even without a health exam. While your employer provided life insurance might seem like a fine option now, remember that these policies typically don't transfer when you switch jobs. Plus, the coverage might not fully meet
your family's needs. Fabric can help you find the right coverage for your family's needs and the policies yours no matter what job you have. So you can feel more confident that your family will have sufficient protection if the unexpected happens. No matter what
level of coverage you're looking for, Fabric has options that can work for your family and your budget like a million dollars for less than a dollar a day. And if you're young and healthy, now is the ideal time to take action and lock in lower rates. Fabric has a 30-day money-back guarantee and you can cancel at any time so you can start protecting your family's future today with no risk.
Plus, Fabric goes beyond just life insurance by helping you manage all of your family's financial needs in one convenient place. They offer tools like digital wills, investment accounts for kids, and access to college saving funds, making it simple and hassle-free to organize your family's financial future. So don't wait. Take steps now to help protect your family's future tomorrow. Apply today at meetfabric.com slash caleb or click the link in the description below. That is meetfabric.com slash caleb.
EETfabric.com slash Caleb. I was going to say what happened was we had a savings going, right? Yeah. But then instead of using it for the wedding, we used it for a new car. We paid it for it. When? When? Okay, this was justified. When? Last year. Six months ago? Six years, yeah. It was in September. September of last year. Justified.
Absolutely. My car was breaking down. This was happening. I was doing repairs on it. It was a 2011 Ford Escape. Got it from my mother. It was a beautiful car. I loved it. Very grateful for it. What happened? Ended up tires blowing out, transmission problems, compression, a gear shift, breaking it. Probably doing like $1,000 repairs a month on it just to get to work. Couldn't do with it. Never had a new car in my life, so I thought it would be great to have something reliable. What did he just say? Basically...
His car was breaking down a lot. We were spending money on repairs. The car is so good. Come on. I come every time I drive it, dude. It's worth it. It really is. When you have that feeling going to work, you're not sad. You're not unhappy about it. You're having that delight. You're driving on Swiss blissful lane of Goon and Central, shooting down straight. And then go happy with it. No matter how bad the job is, you can go home happy. I think that's worth a lot of this. If I were her, I would never be going home happy.
I'm pretty happy. I don't know. I don't know what prayers you say at night. I don't know. Whatever God you're praying to, I bless him every single day. I do. I'm very lucky to have you. Extremely. Jeez. Okay. I guess I'm just going to move forward. Discover. Another Discover. Is this your version of the Discover? This is my Discover, correct. Okay. Okay. What's going on with this card?
Uh, so basically that was probably my oldest Discover, uh, credit card. Uh, family members were like, hey, you should get into credit. Start building that. I was young, like 18 years old. Starting doing that, it's like, oh, I had money on it. I could spend it. And I maxed it out in a couple months and it's been maxed out ever since. A couple fucking months? It's been maxed out ever since. Are you serious? I actually remember, I, I tried to get him to get a card because I thought he would pay it off.
Every month. Wait, how long has this been maxed out? Ever since I had it, basically. Oh, but in years of length of time, probably six years. It's been maxed out for six years? Give me that card.
Give me that f***ing card. Maxed out for six f***ing years. Give me that f***ing card. It's a pretty, it's rainbow. Please, can I cut this up for you? Because I do not. It's been maxed out for seven years. Do I have consent to chop this up? Because I cannot let you leave with this f***ing card. I want to do the honors. Okay, as long as you actually f***ing cut it. And no, I don't care about throwing scissors at you. I'm afraid of you holding them though. I cut it.
Is this a bit to you? No, I just- No, is this conversation a bit to you? It's not a bit to me at all. Then what the f- It's just me trying to be stupid and idiotic and not trying to face my situations. I cut the- I know that! You just said that! The fourth time you said that! If you know that, then stop! For fuck's sake! You're a child! Oh, my God! I can't f***ing deal with you! He's not ready for this f***ing conversation. Maybe you are. He's not.
Are you able to ever have a serious conversation with this man? And that's a generous man. Uh, yeah. It's... I don't... You have to set the situation, I guess. Huh? I don't know. Yes. The answer is yes. How? How possibly? I don't know. I guess you just listen to me. I guess I do. I try to push everything out that's not you, really. Yeah. And just think. Then what the f*** can I do? What you can do is just really put in some blamed view. And I've seen her react. Blamed view? You're a f***ing...
- It's gone. - It's gone! - It's gone. - Maxed out for so long. - Congratulations, good, I'm so proud of you. It's so and it's above max, you little . It's above max, well done. $130 minimum through payment, you're so good, well done. $30 of purchases and 16 cents of time, $2.80 of interest. Congratulations, well done. It's above the credit limit, well .
You're done. You're doing so well for your future wife. You're doing so well for this future marriage. You're doing so well for your future kids. You're doing so well for your future house. You're doing so well for your future retirement. Good job. You've had seven years to do anything with this card. You said, no, I'm going to be a child instead. Good job. Congratulations. Maybe it's time to wake the up. Maybe it's time to be an adult and actually act like you're in your twenties for the first time in your life. Instead of acting like you're
16! No, not even 16. That would be way too mature for how you're acting. Maybe instead of acting like you're 11, you'll act like you're 26. Like you have someone that's depending on you. Like you're headed into something serious. Maybe you'll act like a man for the first time in your life. For fuck's sake, maxed out for seven years. What a joke. 16 years to pay off. He goes for caribou and I'm... Um...
You went to a restaurant! Einstein's. Couldn't say the word. - It's been a long, it's been a long trial of just mindset. - Yes! know that! I can tell! I'm in front of you! And I don't find it cute or funny! I find it a massive waste of her time, my time, producer's time, their time! Maybe she'll get something out of this. Maybe you act like a adult for the first time by the end of this. I don't- - I can promise I'm gonna- - No, you can promise nothing! I don't wanna hear a word from you! I'm done with your existence!
I am done with your existence. F*** me. Thanks for ruining my Friday. $4,692.21. $124 is your minimum monthly payment.
$1,525.55 of purchases. While there is $78.01 of interest accruing, our balance is now basically $900 more than it was. Whose card is this? That one's mine. Is he an authorized user? No. What the fuck are all these purchases? The one who's good with finances in the house. The one who's lifting us up. The one who's keeping us all afloat. What are these purchases? Those are everyday purchases. Everyday purchases.
purchase i used to pay what is an everyday purchase to you like groceries groceries you had a thousand five hundred twenty five thousand groceries uh whatever else comes up whatever else you don't know you don't possibly know you wouldn't know do you not know i'm not sure but then again i'm thinking really is that it's probably of the mindset is that we it's like oh we need to spend we need to get something or we need to oh we need to get gas i'll just use this main credit card and
This is my mindset when I go into these things. It could be that also.
Especially when the money's low on the balance and you're like, why are we allowing the money to get low? You guys don't make insignificant money. Together, combined household income, you guys do pretty okay. Close to the median household in the United States. So when you say that, that we make a pretty decent, significant amount of money. 60,000 net. I always thought, kind of like just be in the mindset of the debt's always there. It's never going to go away. Why start now? Why do this? Then why are you here?
because Things were starting to get really bad. What I mean like collecting agencies were trying to get in contact me cards were saying like where's those collections? So also like yeah, he gets these monthly payments for school and stuff School you would have to yes. I receive military VA benefits military No, my mother was she's a hundred percent disabled veteran show Steve receipts benefits of that I since I'm her child I receive monthly siphon while I'm in college and
Oh, so where that's coming. But they come like pretty sporadically. So lately I've been having to pay rent and do other things instead of paying off the cards. Well, I mean, it's pretty normal for someone to have to pay their own rent. Well, we have...
We have, our payments are split up for various things. So I pay certain bills, he pays the others, and I've been having to cover his share. Well, I mean, you guys aren't technically married, but you're about to get married. You've been on a test run for the last two years. Why not at least practice what it's like to have a, instead of like, I'm taking care of this bill, you take care of that, blah, blah, blah, blah, blah, blah. Like, on the one little pot, pot, pot.
goes to bills no matter whose money was assigned to the dollar in the pot yeah we're trying to we're trying to acclimate to getting that was a conversation we've been having for a few months because for years what the fuck have we done then
With progress with that. Well, for years we had everything that was like, it was all separated. I used to keep a tab of money that he owed me and it just sort of accumulated. A tab of money that he owed you? Yeah. I actually... What did it get up to? Well, I actually got an inheritance at one point. How much? $50,000. I paid my car off though with it. How much was the car loan? I paid it like $25,000. $25,000.
You did not need a 25. Okay. So you had 25 left. But it was paid off. Shut the fuck up. You had 25 left. Where'd it go? Then the rest went to like a year and a half of living expenses. One to three years. Why weren't you cash flowing living and all that just like grow in the market or something? We were both just pretty much
dumb and stupid we wanted to pay the full year of rent that's what our place was uh that's how they were managing it and it's like oh we're just in bad situation which situation mentally or whatever that was like oh let's just stay home let's just stay home and focus on the year you guys were just staying home you stayed home for a full year didn't do work pretty much wait when was this well what the fuck yeah i think it was 2018 i uh i dropped out of school
And then didn't get a job. It was pre-pandemic and you guys literally just stayed at home for a year and did nothing. Pandemic was a beautiful time for us. Nothing changed really. Yes, I can tell your maturity did not grow in those years. I know. It was a wonderful time for you. So good. It's been so beneficial. Okay. How the f*** can we justify staying home in 2018 for a full f***ing year and doing nothing? Just rotting.
and not making any progress in life i guess the problem that's crazy so it's like oh we have the money maybe this will can make us happy we can focus on but blowing 25 000 you knew you'd have to go back 25 000 won't last a lifetime you know you had a limited 25 000 how'd you guys even could you even survive on 25 000 for a year
Now, absolutely not. But then you did? Yeah, we did. You didn't borrow anything else or have to make anything else? Well, I don't know about your credit cards because I guess they were maxed out for that time. I did have a credit one, but not one. I don't have that anymore. That was very maxed out. She actually looked at it and saw like it was horrible. It's like you need to get rid of this right away. I got rid of it, closed the account, paid it off a long time ago.
I did it. So that's, that's a sign of hope that I am able to achieve that. I mean, I ain't heard you stay at home for a full year. So obviously didn't really learn a lesson through any of that. Cause look where we are guys. Thought you had 30 to 40,000 hours of debt. 85,000. Right.
Yes, there's lots of groceries. Maybe Walmart's a little hard to tell sometimes. And some psychiatric and some other things like that. Oh, pediatric. Pediatric? Wait, do you guys have a kid? No. I go get allergy shots. So that's what the pediatric is. Okay. But then donuts, cafe, Amazon, and another subscription. We do want a kid in the future.
But we're not going to bring that child into this financial situation. That's the biggest reason. It's kind of our motivation for wanting to fix it. You know you remind me of Private Pyle. I don't know what that is. Just never give him a fucking rifle. I mean, I want a rifle. We own three guns. Please don't. Oh, fuck. Shotgun, assault rifle. Hopefully just not near a school. $78 in interest. It's occurring on a monthly basis. So this is the everyday car. Yeah. Yeah.
Why? Why pay interest on every day? I'm not good at using a debit card. What do you mean not good? How do you be good at using a debit card? Well, it seems more stressful because I don't know how much is in my checking. How about you? No. Yeah. How about we budget? Literally, you would open the simpler budget app and tell you across everything. We tell you across everything.
Oh, good. Oh my gosh. Okay. I will allow you to use the Fizz card. It's the only one I'll let you use because it builds credit, but it's a debit card, so you can only spend what's in your checking account. That's the only thing I will allow you to use that is a credit card. You guys are not capable of utilizing debt for your own benefit. Not even close to that for a single second. It is an enemy for you. Definitely seeing how much it damages it. And not even for just the money's sake, but the future's sake. How damning it can be. Best buy.
Is that you? That is absolutely me, yes. $2,179.46, the minimum monthly payment of $78. $10 of purchases. I mean, again, the balance, even though you put the 70, you know, whatever dollars of purchases, or $76, which was the last month of minimum monthly payment, the balance only went down by $11 because of your interest in purchases. So that's actually an interesting story there.
So with Best Buy, you know, I actually never shop at Best Buy. Careful. Listen carefully. You might need to translate for me, please. Okay. Ramble. I went to Best Buy. I wanted a Fortnite skin and you had to get a new phone for it. So that's how Best Buy was born.
That's the true honest to God swear to me. And you wanted to start a fucking Yu-Gi-Oh business with this guy? I actually only found that out a few days ago. I thought I said it before, but I guess not. I only found that out a few days ago. Okay. You don't know what you say. You don't know what you say. What do you mean I don't know what I say? Air leaves your mouth and you have no idea what you say. I wouldn't be confident that you've ever said or didn't say anything.
So I'm just mindlessly going. Yes. What makes you think? I actually agree. You recognize that? Is it? Your wife almost agrees. So maybe be with me on this. I'm kind of recognizing that's where the joke is coming from. Maybe definitely the day. Oh, just don't think about it. Mindless go, go, go, go. Everyone thinks you're just a big joke if you just don't think about things. No, that's not why people think you're a joke. It's because you act like a joke. Look how you did the first 25 minutes of this conversation in 30 minutes. I wasn't even thinking. I was just...
Instinctively or just my first reaction was to do that. So what kind of phone did you get man? I don't even was a Samsung note 7 I think so something like that. Okay, so you have that card. Yes, I did a chop off that card I'm gonna chop that why don't you just chop up all of them while you're at it? Yeah, why don't you seriously? Good, that's all the cards good. So that's every credit cards credit cards guy credit cards. Oh
Alright, so which ones are the credit cards? Every single one here. Every single one. Really? You don't have a single debit card in there? I do have a debit card. It's just not in here. What? Okay. Okay. Go! Okay. Capital One. Capital One. Stupid business. And I'm a sinner. Yeah, we're gonna get married, but I don't want to... I could've waited on this shit. Goddamn 256 on this shit. Pissing me off. All this shit.
Cut it. It's done. It's done. All right. I'm going to gift you three therapy sessions through sound or mind. Thank you. I use them. The audience uses them. Please use them.
Guys, I just wanted to say an extra thank you for making Simpler Budget an incredibly popular app. I wasn't expecting it, but we literally get like thousands of downloads a day. And a lot of you are actually changing your financial future and we've been hearing from you. So thank you all for supporting us. We just wanted to continue to say thank you and give people the opportunity to try out the app. So we still have a two-week free trial in there for the premium version. And of course, everyone that signs up for an annual version, at least for this next quarter, will get a Founders Edition Simpler Budget.
budget notebook and it is signed by me sent directly to you so that's a special thank you for putting your trust in us to create an amazing budgeting app and let me tell you the features that we're going to release throughout this next year are about to be crazy i'm going to make this the best budgeting app that has ever existed seriously download simpler budget now it's incredible the time to take control of your finances is literally right now definitely going to i've been seeing therapists lately too
Lately, therapist, multiple, genetic therapist. What are you doing? We've been discussing really discussing how much I really need a therapy in my life. I never used it in my life until recently. I was with therapy. Go ahead. Yeah, he's just trying to find the right one. The last time trying it. Last one I had wasn't really good fit. He was getting high all the time. He showed me his brass knuckles and I'm like, I want to find a different therapy. I swear to God, this is not a joke. I'm just concerned you went down a fucking alley. No, no.
Saw a dude without teeth and you're like, let me talk to you. No, no, no. I didn't do that. I know you just kind of ramble to people, so. I do. I do. I feel like maybe. Is this man allowed to go outside alone? Yeah. He actually got his concealed carry. Yeah, I do. If I was ever going to be in a situation where I need it, I have it. It's a beautiful thing.
It's a beautiful thing. I'm very glad we have an armed security guard at these offices. Is that why he was so on? Okay. Yes, that is why he wanted you down on everything. Okay. Very glad he started coming here today for the first time. Probably heard this on the phone. He's like, get this fucking psycho out of here. You have to check his ass. Okay. $2,179. Here's $78 minutes of payment. What kind of phone did you get with this?
The phone with the best buy again? Galaxy Note S7. Is that your phone? No, this is not my current phone. It's a gas station. It's a little cheap for gas. Interest, of course, is accruing. We're sitting at 30% interest rate.
On the Best Buy? The producers are not entirely convinced that you are not his just legal caretaker and we're putting on You're my wrangler! Do I get paid for that? I mean legally you said it. And then he's not allowed to know. It's kind of like a Shawshank Redemption. Okay. Capital One. What's this? His card. Oh yeah, that is my card there.
To be honest, it was the exact same situation with the old credit one I had. Oh, yeah, it's maxed out. Saw it on the mail. It's over maxed out. I was like, oh, a new credit card. I was like, oh, my debt's already... Let me try to get a credit card so I can use money. And I got approved and maxed out ever since. Mm-hmm. Okay. Okay.
Minimum repayment. Literally maxed out ever since. Yeah. Purchases. You make a minimum repayment. Then you purchase. It goes over with the interest that hits. Seven years to pay off. Just $1,000. That's fucking madness. I don't know why. Why can't you just not fucking spend on this? Why can't you? This would have been paid off by now with how long you've been doing it. Why?
Why not just not fucking spend on this? I guess it was because I just was constantly living to paycheck to paycheck a long time. But you weren't. You were just being a dumbass with your spending. It wasn't paycheck to paycheck. People misuse that term. Paycheck to paycheck is your necessities. Paycheck to paycheck. You were spending hundreds of dollars, if not thousands of dollars a month on fun. And you're like, if I can't do with my paycheck, I'm paycheck to paycheck. Poor me. Wah, wah, wah. No.
Caretaker, tell him what I mean. I mean, if I didn't have the money, this is my mindset back then. If I didn't have the money in my bank account, you know, all I need. Mindset back then. This just happened, you little tit. This just happened. This just happened back then. Don't tell me back then. No back then. It's for vapor and pike smokes. I got addicted. I'm an addiction. Yeah, no, you're a dick and addicted. I know. I take the compliment. Mine's not that big. So if I'm a bigger, not surprised. No one's surprised. Is that true? Yeah.
No comment. I don't know. Well, his character shouldn't be seen anyway. This is an appropriate relationship. I've already had a talk with HR. Oh my gosh. Okay. Okay. What is this International Diamond Center? Is this her ring? That is exclusive. I can't spend anywhere else. That is her ring and her wedding band that I got. Yes. Band? Yeah, wedding band. What the fuck are we talking about? Like you need it for the wedding. So like an engagement ring and then a band around it for the wedding part? For the full set.
I thought that was just the ring. Sorry. No, it's like two separate things. The ring's the thing on top of it, the diamond, and the band is what's around it. So if you see like the ring, there's like an attachment part on the bottom of it. So here's the engagement ring and stuff. And then you put like a band underneath it or above it. And that's the wedding part. Yeah. What? What?
That's a thing. No, it probably is. I don't know. I don't have it on because I'm not married yet. I'm probably legally. My IQ is probably not that high enough. I told you to get tested. You did. We actually had this conversation. That's not a joke. We had this conversation many times. Her sister would look at me and be like, hey, is he autistic? Does he have this mental deficiency? Autism is the least of my concerns. Maybe I should see a psychiatrist and take an IQ test.
Maybe I'm fucking Einstein. I just don't know it. I'm going to unlock that. The opposite, you know? The opposite? The opposite of Einstein. People know about me, though. It's like, that was the guy who was the opposite of Einstein. Don't know. Yeah. Brilliant. I got it. That's probably the smartest thing I've ever said. I'm in disbelief. Jeez. Okay. God.
So when do I need to get tested? How has he survived? How has he survived? Well, it's because of you since you knew each other since freshman year. Sorry. Usually when I meet people, they say that they will never forget me. They don't really go into detail, but I get that a lot. Jake typed room temperature IQ. It made me chuckle. More like Celsius, but yeah. That's a smart joke. Because Celsius is a lot lower than Fahrenheit.
Okay, no, no, no, no. I know. I see a fucking... Can I please... Can I please talk about this credit card? Oh, my... $5,289.82. $28 of purchase... Oh, interest, interest. Fees. Fees. What is a fee for? Fees.
Did you know he's late on your fucking diamond? Hey, throw that away. It's late. It's not even paying on it. It was one time. It was one time. All it takes is one time. And I don't have proof of that because all I have is the first month of the year. I haven't seen last year. So you, I don't know. When'd you get this? Uh, two years, two years ago. So still $5,000. Don't on. You got fees. Not paying it. Why aren't you? Why aren't you paying on time fee? Uh, the, the two months I didn't have received my military benefits and stuff. That's when was the late fee that was occurring.
And I decided to do my car payment more than anything. So that's not a... How did you just not do all that we've seen? Why was it late anyways? Because I've been sending you money. I thought I paid everything that needed to be going. The wedding band was $3,000. What's the rest? The engagement ring. Was another like three? I think this one was around $5,000 originally, I believe. Yeah, I got... Listen, for all the shit you guys put up, it's worth it. Like a few months salary. Yeah, you just financed it. Yeah.
Am I giving you indigestion? I'm yelling because you're a fucking cunt. That doesn't make sense. It doesn't need to be. He's reverting. He's reverting. Can you please do something about this? Really? You have no ability.
I'm working on it. I'm trying. Really? This is what you do? This is how he's gotten here. Yeah. I'm not even joking. This is how he's gotten here. It gets worse with nerves. I know that. No one's told him to ever just shut the fuck up. They did. I just didn't know. Shut the fuck up. What is this? Collections. Oh, it's an emergency. Medical associates. Yes. Is this when you hit your head at one? That's when I, one time I got too high one time and it's hallucinating so much I went to the hospital. It was a bad time. Did you ever come back down?
Uh, the next day. Went to the dispensary, I got my license to medicinal. And uh, tried it one time, we went- woke up in the ER. Why are you with this? $695. What is DFC? It's a Honda. It's the Honda. Yes, that's my car. It's at a 9% interest rate! It's not even competing with the market. It's not too bad. It's f*cking bad. I mean, 9%. It's not that bad. It's bad! Just 'cause it's not 25 doesn't mean it's a good interest rate and a depreciating asset.
What's it worth? Well, first, we know you owe $33,649.47. Gosh, have people even made it this far in the episode? I'm very curious. With a minimum monthly payment of... Oh, my... Can I say what the minimum monthly payment is? Yes. I don't know what it is. Tell me what it is. I believe it's $560.84. What's it worth? I honestly couldn't tell you if I had to guess. Probably... $25. It's worth $25 if you're underwater by 8.
What? So another thing originally why I got that car. My mom was a big supporter of me. It's like, you really need a new car, Wendell. Yeah, she's an American. Every American thinks you should go get an expensive car, expensive car loan, blah, blah, blah. 84 months. This is the American way. I don't give a f*** who said it.
She is helping per month. She's given us $200 to help with that car payment. And she's been helping with that. Yeah, until how long? What's her health? What's her age? I think around 60 she just turned. Job situation? She doesn't work. She's a fully disabled veteran. So she has that. How's her health then? She's doing good. She's good. She has muscle pains and stuff, but she's good. Healthy. She's a fighter.
Okay, so I'm going to put $364 is what you owe. And we're going to minus $200. So that's when we do our budgeting equation.
Okay. Direct unsubsidized. So this is student loans. 5.5% interest rate. I know you couldn't complete a degree, so I'm assuming this is for you. That actually is mine. Yeah, that's for him. I'm surprised. Me too. I dropped out of high school and stuff. That makes more sense. And then I realized I want to pursue better things in my life. I want to get educated. I want to achieve more. I've always been working ever since I was 17 years old. Maybe I want more money, better jobs. So I'm going for my bachelor's in cybersecurity. Okay.
When they said cybersecurity, are you sure that wasn't you just putting shapes through the right shape holes? You owe $6,296. I'll gift you a course career certification because they have a lot of tech stuff too that can help boost your resume so we can get you a higher paying job. I was actually looking into a lot of IT certification. What's your minimum monthly payment on this? I'm not paying. It hasn't started yet. I'm still enrolled. You're still enrolled? Yes, I believe it ends around 2027.
The schooling? I believe until that point I got my bachelor's. Oh, you're going bachelor's in cybersecurity? Yes, I am. Dang. One of my best friends went to a cybersecurity boot camp, no college or anything. He was making well over six figures. I was researching a lot of the certifications. It really helps with that. Certifications. Yeah, comps, all that stuff. I mean, he started going because it was partially paid for by the VA benefits. But that's done.
It's still going. Oh, yeah. You get a monthly stipend. What do you get? Is it only during school semesters? Only during school, yes. Okay. How much? I think roughly around $1,200 a month. How are you guys struggling? What a blessing. How are you guys f***ing this up? That's the big part. How many months are we in school a year total? Does it count winter break? I think that was the part I just learned about when two months didn't happen. So I believe 10 months of the year.
And then I also just started school. So we're going to call it $1,000 a month. You just started school? Yeah, I dropped out of college. Mid-bachelor, so. I did too. It's not the worst thing. Wait. Around the $3,000? Wait, wait, wait, wait. How many student loans? Wait, wait, wait, wait. What's your student loan total? I think around like over $20,000. Oh, f***. Oh, f***. I thought that was just one. You're borrowing a lot for someone that gets $1,200 a month. My gosh. Let's see.
Sunil owns $25,196. Okay, that's a lot. That's a damn good degree to study. What is this university thing? That one's mine. Why are you not paying $549? I didn't have it. What's a four?
That's for my first semester. What the f***? Your f***ing semester is $549. You're not even paying it? So it's broken down into half semesters. I paid for the first half of the semester. This is the second half? That's the second half. So you get $1,000 a semester. I have scholarships and whatnot. Oh, that's incredible. F***ing pay it before they don't allow you to enroll in new semesters. Oh my gosh, guys. $500 you make...
You make $5,000 net a month plus a thousand on average from the extra VA thing. $60 twice a semester thing. Oh my gosh. You spent thousands more than you guys made, but it all went to bulls**t instead of actually things that I could. It's not all your debt.
fucking debt. Is that all your debt? It should be all the debt. So that's all your debt? It should be, yes. 963 and some. Who's? K. McDonald's. Good. Instead of fucking...
Using our scholarship and bulls**t and cash flow in school a little better? Or paying off any f**king credit card? Keeping two credit cards maxed out for seven years? Good, let's immediately go to f**king McDonald's and Tidal Wave and KFC and ATM withdraw $103. ATM transaction fee $3. Go in and get into bulls**t. Go in and get into bulls**t. Juventage. I think that's your payment, right? Yes, that is my payment, correct. ATM withdraw $800. Where the f**k did that go?
Where the fuck does that go? Is that a casino? Yeah, a casino. That's where we went. You only need to win the one time. When you do the lottery, you need to win the one time. So he hasn't given up on the bullshit. He hasn't given up on the bullshit. He hasn't given up. He hasn't given up on the bullshit. He's still doing that. What do you think about this? Are you okay with that? $800. Listen, two credit cards maxed out that he's refused to pay off for years. For almost a decade. A decade. And he's going to $800. $800.
You have a wedding to pay for. You wanted to go to Japan. He's $800 in the lottery. Your business failed doing the stupid lottery. And he's going $800 right out of the bank, going to the lottery. You're okay with this? You're accepting this. You're okay with this. You're going to stay with a man that does that. You're okay. Working on it. I mean, I know you're not. You are enabling. You're just quiet. You don't give a shit. Or if you do, you just, it's so stupid.
We went together, but he lost. You brought more to lose. I did. Yes. So. It was a fun time. What a moronic f***ing episode. Dunkin' Donuts. Dunkin' Donuts. PlayStation Network. Going and getting some bulls***. Amazon. We went to the f***ing Einstein place again. What is this? iFunny meme. iFunny meme. iFunny meme. iFunny meme. iFunny meme. iFunny meme. iFunny meme. Base. You're paying for that? What the f*** is that? So sometimes when iFunny, great platform. I don't know what
It's like Instagram memes and posts like a social media. That's what you're paying for it sometimes when you see a banger of a post do charity Charity 99 cents a million times you know on PlayStation Network PlayStation Network purchase or
a joke hundreds thousands because of the casino and the drain all for this is so dumb this is so dumb this is so dumb i'm i have zero hope after that checking account you've lost your penis
memes your entire life is a meme entire joke i put money you're dragging her down and she's just accepting it i i and who knows why that's an equation we'll never be able to figure out by the end of this conversation i'll tell you that me but there is a $18 in savings you're doing so well you're gonna be such a supportive husband i am who's the $18 in chase
I probably lost like 500 Actually, right lotto tickets so probably 3,000 Not yet
I'm gonna like actually I'm okay okay don't end it don't end it oh you have no idea that I want to end it I think it's good we can keep it going you don't have to what is good good that I'm hearing all this and digesting and listening I have hope I mean it was only like 100 or 200 a month on lotto tickets because you gotta like play to win you don't do it anymore at least
I haven't done it recently now. Yeah. Do I have to film a f***ing post-show with these c***s? I want him gone! I want him gone. I came to meet you, man. Shut the f*** up. I don't care. I don't care. I'm sorry. Listen, if we met in public, I'm sure it would have been great. It would have been a pleasant five seconds of both of our times.
Oh, this is not pleasant. We've been together way too long and I do not vibe with your personality. I do not vibe with your personality. I do not. Okay, okay, okay. I'm doing the thing. I don't know if you guys ever do this. I don't know if you guys ever do this out there in the audience. I don't know if you guys ever do this. I'm doing the thing where it's like kind of before having
having to rip off a band-aid or to like as a kid when you're taking the little the shot of the nasty medicine or something like before you get a shot i'm doing the thing where i'm just kind of like closing off and i'm just hoping this goes away but it's not so i just need to go through with this and think you just finish this bull i'm just gonna finish this is this your checking account 41 dollars yeah chase okay atm what's wrong well done we're probably casino probably casino
- Ah, $705,000 in a savings account. Oddly surprising. 400, no, well, it's total, isn't it? - There were multiple. - Huh? - Sorry, there were multiple savings accounts. Just various goals, low amounts. - Oh, okay, okay, that was the ad. It probably added up to about 1,500. Okay, Robinhood, 1,700. What's it invested in? Our grand retirement plan. - Mostly S&P. - It's not mine, so I don't know.
I mean, there were some bad investments. In the past, yeah. Your worst investment was fucking sticking with him. I think you won the lottery with me. We do love each other. We treat each other good. Okay. I'm contemplating whether or not just to fucking move on to the post-show for my own sanity or to make a budget. You could just use the budgeting app. Do I really need to make a budget? I don't know. Do I have to? Do I have to?
Okay, Lindsey's saying yes, but I am the boss. So that is the good thing about this. It said I can skip the last few statements. I went through every statement. I'm done. I'm not even looking at him. I don't want him. He's not. Shh. Hush now. Okay. Okay. I might need a fresh budget. And I believe I've thrown my calculator. I think the calculator's gone. Thank you.
Congratulations. You're one of those guests. What's one of those guests? $1,230.20. This is how you'll forever be known. What a f***ing thing to be proud of. $6,000. What's your rent? $1,800. Utilities? I believe it's 80. Spectrum. Oh, wait. Yeah, what's water? Water should be 40. Electric is 150. Internet? Internet.
I believe that is, I think, 40 or... Rent is insurance? 12. Gas, vroom, vroom, drive, drive. The car gas that you drive. I think 50 for me. I don't drive much. Mine probably has to be around 65 a month. 116. Car insurance for both. 450. Phone bill. Actually, we don't have a phone bill. Good. Our father is... That's it. That's it. Don't need a life story. $600 for food. Use the cookbook.
All right. It comes with the premium version of the app. Teepee, find anything else to survive. $200, medical or health care. I saw some medical things. How much on a monthly basis? $350 or $400. No subscriptions. Do you have any pets? Yeah, we have two cats. Ages and health? One is two years old. One is 10. Okay, for the two-year-olds, we're getting pet insurance. Going to put $40 in. We have pet insurance. How much is it?
50 total. It was actually thanks to your show that we actually got that insurance. Cat food? Is that like 40 a month? Yeah, I think 30 or 40. Anything else that needs to be in the budget? I don't think so. Congratulations. You guys have a leftover of 900 hours on a monthly basis. And we're spending even more than that. It takes 106 months to pay off your guys' debt without any additional debt accumulating. That's 8.8 years.
You're not going to do anything, so I'm not going to do any recommendations, but I did my fucking obligation. I am done. Sorry. Okay. Finish your college? Yes. Get back. You're going into a high-paying career field. That will help pay this off quicker. That will help you. Are you cutting down on work to go to college?
Uh, no, I'm doing overtime. Okay. Cashflow this as much as possible. Get through college, then grind out this debt, then get the fully funded emergency fund. We could probably college. You have a couple of years left college. You have how much left year and a half. Okay. So we could probably finish that up. You're about two years for college as well. Very good. And then I think with those higher incomes going into the field, probably four years, four years after that. So four, five, six, I think we could do this in six years, pay off all debt, get a fully funded emergency fund. Let's call it seven years. I think you're going to heavily focus on minimum life expenses and
And paying down high-interest debt, well, we can borrow it at lower interest for school until then. And then once you're done with school, higher-income jobs, and pay off the debt, get the fully funded emergency fund. I think it's a seven-year process, including the school. Send in a budget, zero out of ten. That's everything you need to survive. What am I saying? I broke your hand.
That's not a thing to be proud of. Zero out of 10 because you overspent dramatically. You have collections, so zero out of 10. Debt score, emergency fund, two out of 10. Making a little way, retirement. The Robin Hood's a fucking joke. One out of 10. Real estate, zero out of 10. I'm going to have a financial score of one out of 10. Join us in the post show. Who knows? Maybe I'll kick myself. Maybe I won't. Let's find out. The Elite version has thousands of hours of extra content. Happy content. Much better content. Content where I don't want to die.