Financial Audit - $216,000+ In Debt, But Says “Gambling Is More Fun Than Growing Up” | Financial Audit

Episode Date: September 13, 2024

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To watch episodes of Financial Audit a week earlier, check us out on YouTube. You're leasing to your husband? Yes. Why? And then he gives me money every two weeks. He gives you money, but you make double what he makes? It's not fair because you didn't inform them of your situation before you guys got married. He didn't know about any of this.

You have debt. Taking any responsibility, growing up, pretending like you're actually in your 40s, like an adult for the first time in your life, and actually take care of your debt. Hi, I'm Melissa. I'm 42 years old. Lubbock, Texas, and this is the financial audit. The financial audit. That's what people always say. It's the financial audit. Let's see if your audit is the financial audit. Thanks for coming up from Alopecala. That's a pretty far drive. What do you do for a living there? I'm a nurse. Okay. That can be that. That's a wide-ranging career. There can be a lot of money there as well.

What do you make as a nurse? My current salary is 84-5. Delicious. Okay. Eighty-four. And are the bonuses, anything on top of that? Yes, but they vary. So from like 500 to 2,000, so I don't ever count that in my salary. Okay. Now, you're a good income earner on the higher end of the income scale. It's, I swear, a lot of the times when people come on with the high income, it means they usually, we come on with the high debt and the high like what the fucks. Uh-huh. So what's going on?

Well, well, I like to go to the casino. So I feel like I have extra money. So my extra money, I'm going to back up. Okay? We'll start from the beginning.

It's also trying not to hit the table. 87 years ago. I'm just kidding. I did not know about investing until, like eight years ago. I always assumed that I didn't, I didn't, I didn't know about investing. I knew there was stocks and stuff, but I didn't know what any of that was. So I always thought wealthy people saved their money.

Oh, okay. I thought you were about to say gamble. Well, you said gambling or casinos was, okay. Okay. Okay. So I would save my money. and then I would get enough saved and I go to the casino trying to like hurry up to become a millionaire. Whoa.

But you, no, you just told me you thought wealthy people saved. Gambly's not saving. I'm confused. How does that correlate? Well, I don't know, honey. I don't know. Well, because I wouldn't like put it on credit. I've never been called honey before.

I feel so. Well, I wouldn't. I wouldn't put it on credit cards. I would save the money. to go gamble. That's what you're supposed to do. So save money and then spend it. That's how people got wealthy?

Well, I never looked at it that way. Oh. Like, I'm saving money to do the things I want and not putting in a lot. Okay. How often do we go to the casino then? Well, it depends on what season it is. Okay, so let me explain. It's seasonal.

Casinos are seasonal? Well, for me, yes. So in Oklahoma, during the summer, June July and August. Yeah, people love to go up to Oklahoma for that. It's wonderful. But they have the million. Not for your wallet.

Well, yeah. Well, the rooms are free and I get free food. Yeah, so you can gamble all your money. What do you think? Okay, so in June, July and August, they have the million dollar drawing. So, of course, I'm going to go. Of course. June, July and August.

Yeah. It's the logical thing to do, of course, yes. But then in between that, We don't go. Only every once in a time. So when's the last time you went to the casino? Three weeks ago. And what's the next time you're going to the casino?

Like, I'll leave here and go to the Friday. No. You're coming from this show and going to the casino. But it was so I didn't know. How much did you lose last time you went to the casino? I don't. Okay. So my budget for the casino.

Budget, you have debt. I knew you were going to say that. Well, then why the. You're going after you coming out of here. It's not a joke. Well, wait. So it was already planned. I don't care.

You haven't spent, have you, everything's, the rooms are free, right? Yes. So you haven't booked. Well, you won't lose money by going away.

You know, I can't cancel. Why? They'll charge me. Okay, then get charged. You're probably going to save more. No, I only spend. Okay, how much did you spend last time at the casino? $1,000.

It's not a lot. What are you talking about? It's not a lot. A thousand dollars is a lot of money. Well, no, I don't think so. What? No, I see people like at the, oh, I don't give a fuck what other people do. What?

Like at the roulette table, they're like thousands of dollars. A thousand dollars is a lot of money. I just put like $20 in slot machines. Yeah, but $1,000 is a lot of money. For the whole time. You thinking a thousand hours is not a lot of money is why we're in 216,000 hours of debt. That could have a little to do with it. But I don't, I don't think it's all to do with it.

What? How? How? Because if you're going to the casino right after this and you went to the casino and lost $1,000 just a couple weeks ago, while you have debt, how is that not an issue? Well, honey, I don't have an explanation for you. You just told me you don't think that is the issue. Go on. Okay, so I save the money and then I go.

Yeah, but shouldn't the money be going to the debt? Well, I put money towards the debt. Minimmonty payments. Well, no, I pay a little bit more. Barely. I know. Bear so you know. So why? So you don't. So do you care about getting out of debt? Is this conversation even worth having? Well, yes. No, I do. But it's because it's June, July, August. Get out of debt. Yes. And September, October, September. Like, yes. That is what we need to do. September. Why? Why is it a delay? Why are you delaying your life? Well, because it's. Wait, why is gambling more important to getting out of debt? Why? Well, it's so fun, honey. It is so fun. You just go sit.

I get it's fun. Why is fun more important than just basic security? Well, because we don't know when we're going to die. And guess what? If you die tomorrow, you won't know that you missed on gambling. So it doesn't matter. Prepare for the higher chance likelihood that you're going to be alive. Well, that is true.

You're making some really good points. Interesting how that works. Yeah, I do agree with that. Cool, then you're not going to the casino Friday. Well, that's something I will consider. Who's we? You said we. Well, me and my honey bunny.

You're a honey bunny. Yes, my honey bunny. Okay. Yes. I thought I was the honey. No, you're honey. Oh, he's honey bunny bunny. Yes.

Okay. I got you. I don't know. You're, there's nothing wrong with being in our 40s and having student loans. I don't want to like do it as like a shame thing. But if we have $61,000 in student loans in our 40s, I don't think we're gambling a thousand dollars every couple weeks. You know, yeah, you're gambling it.

So I don't, what the fuck you're talking about? Well, it's June, July, August. But that's because that's my master's on there too. And then it was COVID. I don't give a shit. It's still student loans. No, I'll pay it back. But they put it in.

Yeah, why not pay it back quicker? Well, there's so many. Oh, gosh, look at that. stack of papers. There's so many other things to pay. So why not pay them off then again? Yeah, yeah. We, no, instead of, instead of going to the casino. Well, because it's fun. Why not have more fun later on though by just getting our shit in order once, one time, one time. Well, you do make good points. You do, you do make a good point. But the, way I see it is like it's already booked. We already booked it. Like, we have to go.

What's the fee if you cancel? Um, $500. Wonderful. So you saved $500. Well, I, well, yes, because I spend the $500 a day and we're only going for two days. So that is $1,000. So your math checks out. Your math is correct. Just find other fun. Oh, wait, wait, wait. It's my daughter's birthday. And that's, how's your daughter? She's going to be 19 this year. You only have to be 18 in Oklahoma. So these are great habits to build as a young adult. Well, yeah, she's such a good kid.

She's in college and she's such a good kid. And I'm going to give her the money to so she don't have to spend any money. Why not be, what that could be paying for her classes or something though? Well, yeah. I think that's better for her life. Yeah, she just moved out into her own little apartment. And so I helped her to, you know, furnish it and all that good stuff. So it's her birthday.

You want money? Yeah. Well, she won't. She don't know how. You don't know how you lose it every time. Oh, I know. Well, sometimes I win. Sometimes I...

Yeah, and then you lose it, probably. Well, I'm going for the gold. I want to win the jackpot. So is that the actual... Are you around or is that, like, literally? what's in your head in terms of your retirement plan instead of actually getting your order. Oh, no, I don't think it. I know. Oh, no. I have retirement. I know, but you are behind for your age, kind of. No, I think it's kind of behind. It is. So let me explain. Let me explain how all this

happened. I'm going to explain. And then we'll get into the document. Sure. So in 2019, everything was going great. I had a job that paid $100,000. I saved up enough, bought my house, remodeled it, no debt. Entire house, really? Yeah. Well, I didn't pay cash for it, but, you know, I was thinking about no debt. What do you think debt is? Well, yeah, I had the house, but no credit card debt, no car payments, nothing like that.

Guys, there was no debt. I only borrowed the money for it. Yeah. Well, and then 2020 came and. Fun year, good time. It was awful, but I had a lot of family pass away back to back to back. Whoa, really? And not all of them had life insurance.

And that was really rough. And so because there were so many people that passed away. How many people? Can I ask? It was five. And like very close? Very, one week apart from each other. No, no, no.

Like very close to you? Or it's like far extended? No, no, no. Oh, wow. I'm really sorry. Daily part of my life people. And not all of them had insurance. Was it all from?

COVID. Really? Mm-hmm. All of them. My family is all pretty. old, but they ranged an age from 36 all the way up to 72. No, she had a heart condition. Yeah.

And then one was 52. But anyways, they all passed away and not all of them had life insurance. Okay. What I'm assuming you're thinking funeral costs right now. Funeral cost. And then at the same time, so I had to take off work, but I took the short-term disability. Okay. And so my pay was cut to 60%.

Sure. But I didn't. So $60,000 a year, still not insignificant. Well, okay. So I say $100,000, but my salary was $60,000, but I drove a thousand miles a week. And I got reimbursed. Okay. Yeah.

Did the reimburse cover gas one for one? Well, yeah. But whenever I got the short term disability, it was 60% on 60,000, not 60% on 100,000. because the reimbursement didn't count as my salary. But did the reimbursement even count for anything? Well, no. No, my reimbursement checks were like bigger than my paychecks. So.

Yeah, but were you using that all in the gas and travel? Oh, no. Oh, okay. That's what I was asking. But then at the same time, all the people died, I went down to, what is it, $40,000 versus $100,000. And then I had to have reconstructive hip surgery. and my deductible.

Was there honey bun extra income, though? Well, my honey bunny, yes. He does work, but we don't combine finance. Are you guys married? Yes, we're married. Why don't you combine? I don't want to. Why?

Well, okay, what if something happens? And I've depended on like his anger. income and then something happened. It wouldn't be you depending on his income. If you guys combined, you'd combine across the board. Your budget in general for the both of you, for the household would be depending on the total income,

which is both of your incomes together. It's not my income, your income, it's the household income. Then there's household expenditures. And that includes fun. That includes... I don't want a combined income. Okay.

What's mine is mine and his is his. And then he gives me money every two weeks. Why? Well, here's Honey Bunny, you're her sugar baby. I'm sweets. That's what he calls me as sweets. Okay. And he has no problem combining.

How much does he give you? Well, so he gives me $600 every two weeks. Why? It's so weird. I don't think it's weird. It's weird for like married couples, kind of. Really? Well, yeah, if you guys were combined at all, I mean, what his,

is his, his, his, his mind. That's not usually the marriage. Oh, he doesn't have any

debt at all. And he didn't know about any of this. See, not on your mortgage? Because there's a mortgage in here. Okay.

We've only been, we've been together for 14 years, but we've only been married for two years. This is messy. Okay. Yeah.

Yeah. Why does he give you the money, 800 bucks every two? Like, to contribute to household costs? Like,

you can't. So that's a contribution for like rent? Yeah. Mm-hmm. Mm-hmm. Mm-hmm. Yes. You're leasing to your husband?

Well, there's not a lease. I know, but that's how it's, like, looking. Oh, well, I didn't think of it that way. No, he just gives, you know, that's... Okay. How long have you guys been married? Two years. Okay.

But we've been together for 14 years. So you had to pay for the funerals. Yes. Okay. Okay. Okay. Okay. Well, no.

Well, insurance. So like, well, yeah, but the deductible. Yeah, how much was it? $5,000. Okay, okay. Okay. And then, so I couldn't work for a year and a half because that was the healing time on the hip. What the fuck?

But I lived off the 60% of my pay, the short term or long term disability. Okay, yeah. But I don't think that I adjusted my lifestyle, I guess. I just kept doing what I was doing. And then now here. This is Euphoria Calvin Klein, the new elixir collection, featuring three perfum intense scents, inspired by a unique orchid accord, paired with vanilla, each with its own distinct attitude, each with its own universe, bold elixir, sensual, woody, addictive, magnetic elixir, sweet and romantic

like a lingering touch, solar elixir, a radiant expression of joy, ultra-concentrated for amplified impact and lasting power. Find your euphoria. Discover the Euphoria Elixir collection by Calvin Klein. They are today. Well, when was this? When did the, oh, 2020. Yes. So you went back to work mid-2020. 22.

So the bad stuff started mid-2020? Okay, so 2022 went back to work. We're 2024 now. Why does this debt still exist here? Because you ended up going back to work. You make a substantial income and you get an extra $800 every couple weeks. So why does the debt still exist? Well, I don't know.

Because we're choosing to throw it all at the fucking casino. Well, that's what I don't understand is. Really? You don't understand? How do you not understand? What do you mean? That's stupid. Yeah, I don't understand. No, you understand it. No, I don't. What do you mean? We just talked about how you're dropping thousands. Well, you know, how do you not understand it? It's like literally you're saying that. Well, it's like three June, July, August. Yeah, but there's so much, I don't know. I don't know what's happening. I've never. Okay. When you stop at the gas station and spend $200.

Is that fill in a tank of gas or what else are you doing there? Oh, yeah. Oh, yeah, which happens constantly. Yeah, what is it? Well, I smoked cigarettes. $200 of cigarettes? Well, that's for the whole month. It's not lot of tickets or anything?

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Go to rockamoney.com slash Caleb or click the link in the description below to get started for free. Trust me, you won't regret it. Well, not that much. Some of those on there, I buy my girls gas. I pay for my girls' gas. Why don't you stick around your girl's life a little more and stop smoking? Well, I've tried vaping and that's terrible. Well, it's higher nicotine content usually.

Have you tried to quit? Yes. I took a, can I say the name of the pill that I took shantics? It's a pill? Yes. To try to quit smoking. It was awful. So a nicotine pill?

Well, it's supposed to block the nicotine from entering the receptors. And it was awful. I have terrible side effects. But like, why would rather you stick around? Yeah. Yeah. Okay. Yeah.

All right. give me your, where do you think your finances self-assessed are today? Zero to 10, 10 being the best ever, zero being the worst ever. Where do you think your finances are right now? I would say like a two just because of the house and I do have a little bit in retirement. Okay. Like a two, solid two. That's two things that's good.

If you want your hammer financial score, it's free. Link in the description below. Also, if you have an interesting situation, interesting finances, uh, if you need to want a challenge, feel free to come on the show. We're happy to have anyone apply. okayelhammer.com slash apply cool all right well let's get into these debts because there's a number of them

there's so many and my husband did not because you know well maybe a win and could pay it off my husband yeah and how's that gone over the years oh it's not it's not okay so yeah let's keep doing it no it's September 1st that's like the day that we're why not make it today. Well, it's just two more weeks. I've been doing this for 10 years. Two more weeks and you know you're losing.

Sorry. Yeah. I don't care. How much do you think you've spent on casinos and scratchers and lotto tickets and all that shit over the years? Oh. Ten years you said? Oh, well, no. That's probably a lot.

How much do you think? Over, let's say, 10 years. I would say, I don't know, like 20. $70,000 is not a lot. I don't take a lot. I highly doubt it's that little. I would probably guess more 40. Really? Yeah. And I have never looked at my statement. So I don't know what I spend my mind on. All right. Please go through a budgeting class. Yes. Please go through it. I'd go through it with the honey bunny as well. Go through it. Take the quizzes. Go through the education. You guys can get it. You can also get it with the investing class now bundled it 15% off, by the way. Check that out.

But that's okay. So PayPal credit. Yes. PayPal credit. Easy to sign up for always on the different programs. Oh, I'll sign up for PayPal credit. Yes. Every time you're at checkout on any online thing.

$4,205, not insignificant. But guess what? This summer's a gambling. This summer of gambling, probably. If you include the lottery tickets and scratchers, probably could have paid off this card. Oh, well, yeah. Yeah. Well, but then I wouldn't have any memories.

Memories. Memories of losing money. F*** that. Go to a park. What are you talking about? Well, memories, you can have fun that doesn't mean losing a thousand dollars. There's fun that doesn't cost thousands of dollars. You guys could have had a nice, a couple nice dinners over the summer with you and your daughter.

We do that too. Of course you do. But it would have been cheaper and you would have had some memories. Yes. And we try. Your only memories going to Oklahoma out of all the states in the entire country. I know. And then gambling out of all the things.

Oh, yeah. The mecca for you, right? I honestly, I don't prefer Las Vegas. It's just too big, too much. But we never know when we're not going to be here. Like my whole family is. But again, if you die, you won't know that you've missed gambling. So why not prepare for the statistical likelihood that you're going to make it a little longer?

Maybe not with the smoking. With the smoking. Yeah. It could happen any day. Well, so let's like also quit that. So let's have fun. So let's, like, if that's your mindset, this conversation's pointless. It really is.

No, because I want to, because I have faith in Caleb that he's, yes, that you're going to figure it out. That's not how this works. That's not how this works. Okay. Not at all. I will call out your bullshit. I will let you know what your situation is and I'll create a broad budget to kind of understand your situation. You're the one that has to put in the work.

I'm not a magic pill. I can't do this for you. Well. There's no faith in me. me? No, I do. It's faith in yourself. It's putting your shit. Yes, I'll try. I'll try. I'll do it. You know what? I'll do it. I'll do it. Okay. So you're going to die tomorrow. Okay. So all this, all this. What's the point of view even saving up for retirement? You have retirement set aside. So what's the point then? Because in the event that I do live, we got to have something.

What are we doing? I think I'm making excuses. Yeah, no shit. I don't know. $4,205.73 Minimum monthly payment, $144. No, you did not put extra on this one. Interest charge $103.17. Thank you for not purchasing on it. No, I don't, I don't purchase.

But you're 30% interest rounded. Wait, wait, let me tell you the PayPal. So when everybody died, I had to help family get to come to the funerals. And so I put a lot of the expenses on that. To get them their travel costs? Well, hold on. I know.

Listen, I understand maybe you're paying for the funeral stuff. Maybe, you know, maybe that's your heart. Maybe you felt responsible for that. But for other people's travel to it. Well, yeah. I mean. That starts becoming almost, it's really hard because it gets in the situation of just death and family. Of course, that's obviously beyond complicated.

But it almost feels a little selfish on their part that you would be paying for their transportation. Well, they're so young. They were so. What's young? In their early 20s. And so, you know. What do you mean? I moved here in my early 20s?

You think I had to, I needed someone to absolutely cover that? Well, and I'm the, I'm the big cousin. So I don't know. The big cousin? Yes, I'm like. So it's that even siblings? No. For younger cousins.

I'm my only child. So, yeah, I don't know. I just wanted to help them and PayPal. Is your family situation just weird in general? Oh, it's, it's bad. It's awful. What's so bad? Well, there's a lot of addiction in my family.

Obviously, you know, me, the cigarettes. I ain't potentially gambling. No, I don't. I've checked that to make sure. You've checked it. I have. Took a survey. To make sure.

But a lot of really bad addiction. And so my cousins, father. So they have addictions or cousins? No, not my cousins. Their father. He's passed. He's one of the ones that passed away. Oh, probably the addiction didn't help.

No, that didn't help. And then my mom, she's an addict as well. And so for a long time, I was, like, by paying her bills and stuff. Oh, I don't know if that helps. No, it doesn't help. Can I ask the addiction? Yes. So, no, when I would pay her bills, all that would do was give her more money in the pocket to.

So I stopped doing that. Exactly. Good. When did you stop doing that? About two years ago. Okay. What has happened over the last two years in that relationship? I don't really talk to her anymore. I just can't.

You know how she's doing? The last I heard, she's in sober living. So I'm hoping. I'm really hoping. And then maybe we might be able to reconnect if there's long enough. Yes. If she goes long enough, then perhaps. Okay.

Well, with the PayPal, at the current rate, your pain, it's going to take 18 years to pay it off 18 years to pay off $4,000 but again let's gamble instead no yes by the way you're doing it the payments you're putting towards it yes it's how long it takes what 18 years for $4,000 yeah because you only put in the minimum towards it it's basically a 30% interest rate that math doesn't seem right take a look at it like it literally tells you there it is 18 years only paying the minimum fee payment. It's like literally right on there. It's like it's literally on the, if you ever looked at a statement, you would see it.

No, I don't ever. I just look at it. It's time to start looking. This is another thing where it's helpful to have United Finances because you guys are able to have conversations about it and, you know, pull from each other's brains as well. Do you even know it was at 30% interest rate? No, I thought everything. This is another thing I didn't know.

I thought all every credit thing was at 27%. Like all credit cards. I thought that that's much better, but. Well, I didn't know that things varied. Do you know how bad 20% is? 27% even? Yeah, it's bad. So your retirement account, you have retirement.

What is? It was like 40,000 or something? 50,000. That, usually, if you're invested in the overall stock market, in general, if I open up my portfolio, I open up my Moomoo investing app. Okay, cool. I have that. I open it.

And if I'm in a relatively broad portfolio, like yourself, on average, you're probably only getting a 10% annual return. This credit card is basically 30%. So that's, I'm so glad we're talking about. I'm really glad we're talking about this. So do I stop putting into my retirement account to do this? I would take your match because that's a 100% return on your investment. And that's obviously 70% better than that card.

But other than the match, don't put extra. Not yet. Okay. Because, again, if you're not getting a. match the best you're going to get on average is 10% or 8% really so it's like with that 30% we need to kill it we need to murder it we need to snuff it out and it's sleep so that's why I came here's advice oh yeah because I didn't know what to do and so let me tell you how I treat financial advice so you watch all the you too you read all the books you know you watch

Caleb and you watch what I've never said to do that remit I know days You know, Ramsey. You watch all these YouTube. I watch all these YouTube people. And I treat it how I treat religion. I just take parts of it that I like and try to make my own thing. Listen. And it's not working.

I think you're talking. Ram it, right? Yes, maybe is that as name. I think so. And he says, live your rich life now. So that's what I'm doing. I can't speak on that because I haven't watched too much of him. Well, if you're taking any pieces from me or Davey,

boy. I got the thousand dollars. That's not reflected in here and anywhere whatsoever. I have a thousand dollars. Okay, so that's the one thing you liked. You took that away. Yes. Okay, but nothing else apparently.

Because you didn't like anything else. Yeah. Does Ram it, I actually probably shouldn't allow you to speak for him. Because again, I really don't know him too much. I've heard his existence. I only watched one or two YouTube videos of his and one of them said, live your rich life now. And so. Live your rich life.

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click the link in the description below and don't miss out on the best budgeting and investing program at the best price ever. That's why I have so many... I highly doubt he means going to 30% debt. Yeah, well, yeah, no, he did not mean that. No, I agree with that. But I have so many different checking accounts. Two. Yeah, two. And then the savings is because I was trying to keep things separate. Let's try not to hit the table. And I just, yeah.

It's so much. It's so overwhelming. Let's keep plowing forward. Okay. City simplicity. Mm-hmm. Mm-hmm. Nothing about you is simple.

I'll tell you that. $5,352. $4. Again, you just made the minimum of the payments. I don't know what the fuck we're talking. about with you're paying a little extra. Well, wait, you'll get to it. You'll get to there.

Okay, so it's on a select item. Okay, great. So you made it sound like it was broad. $158.66 is the minimum fee payment. $104 of interest. Golly. Remember I told you to take eight years to pay off the last one? How much you think it takes to pay off this one with the way you're paying it off?

Well, this one was 18 years, so probably about the same. Oh, it was 18? 21. Oh, my. It's probably in your 60s by the time this card is gone with the way you're paying it off. Because again, that's insane. Gambling's more important. 22.74% interest rate.

22, we're getting a little better. That's not better. It's because of the whatever purchasing you did or maybe this was a transfer. Yes. Oh, that's why. If there's a standard purchase, it would be a 29.99. So you transfer down to this? Transferring doesn't work for you, obviously.

Well, it's at zero. It's at zero. No, it's not. When did it? Oh, yes, that's the one that the zero is gone. Oh my gosh. This is why I don't even like people transfer it anymore. You have to be a credit card person to take advantage of transferring things. You're not a credit person. You don't want to manage credit cards. You probably had a credit card. Probably transferred it on this and this is zero percent. Now it's going. You probably built the other credit card all the way back up. Yes. Oh, no, no, no. Predictables. No. I don't charge it on the cards. No. When you transferred this, though, what did you transfer it from? Probably transferred it from a chase card. And did you not spend another cent on that chase car afterwards? Really?

Well, the Coursera, it's $50 a month. I need to get that put onto my one of the checking accounts. Yeah. Mm-hmm, mm-hmm. City double cash. What's that? What is it? What do you mean?

What's that? That's your, it's a fucking credit card that you have. I think it's a new one. Is it a new one? I don't know, but interest is accruing. This one takes 19 years to pay off the way you're doing it. Actually, no, you put a little extra towards this one. one. There you go. Well, yeah. You put $200 extra towards it. Yeah, that's good. You're about to blow

a thousand hours the casino in four days. I don't think like that. Obviously. Or else you'd be out of debt. I know. I know. Yeah. Okay. Well, it's not a valid excuse saying I don't think like that. That's not a, okay, you're good. No worries. That one is, it has interest. I thought it was zero. I have so much credit cards. Girl, it's charging $159 a month in interest. What the fuck are you talking about? I need to transfer that one. Transfer that one.

What do you mean? Last thing we transferred. What do you mean? The last one you transferred is sitting accruing interest. Well, because I don't know which one to pay. Are you supposed to pay the zero percent interest? Are you supposed to pay the high interest one? Which one are you supposed to pay first?

I need to get your entire situation. Okay. And then I'll tell you. Okay. $6,854.33 on this one with a $2.28.67 payment. This was also a balance transfer. You're just balance transferring to balance transfer, instead of actually ever budgeting, taking any responsibility, growing up, pretending like you're actually in your

40s like an adult for the first time in your life and actually take care of your debt. You're just balanced transfer to balance transfer. Well, they have zero percent interest. No, they don't. It's 25.24. It doesn't matter if they did. It doesn't know. You never take care.

You never take advantage of the 0% because if you're taking advantage of the 0% you're paying it off before and it grows 1%. You're not. I couldn't work. That was two years ago. Yes. And that's what I got.

That ended two years ago. That was three years ago. Oh, yeah. Three and a half years. Oh, yeah. What do you mean? Oh, yeah. It's been two years.

You make good income. Plus bonuses. Plus have a honey bunny that gives you $800. Well, you're going to get to one that I pay like larger. I pay larger on it. That doesn't matter necessarily. You keep thinking the transfer to the transfer to the transfers will save you. Know the two that you've transferred to are guess what?

A crew interest and then you never pay them off even though you make a substantial income plus bonuses plus ball bonus as well. And what? I'm losing my mind. Honey bun bonus. Buddy, bunny. Honey, bunny. Honey, it's okay. We'll get through this.

This is. It's a lot. It's a lot. It is a lot. It doesn't have to be. It's the thing. That's what I'm trying to say is you putting an extra towards it. $200 extra extra towards it is nothing in your situation.

You could be killing it right now. You could be killing it instead of you're killing yourself. Oh, gosh, there's so many more. Yes. I've lost my pet. Quicks over. $3,193.73. 70 cents.

You only do a minimum on this. It's going to take 22 years to pay off. Minimum is 108. Is there interest? Well, seeing how you think every card is no interest, I will inform you that, yes, there is interest, $76.65 and $65, basically making only $25 of progress when you pay $107. This one's not a balance.

All right. These were all purchases. These were purchases sitting at 28.15% interest. What did we buy? It was forever ago or whenever. I don't know what you purchased. But the balance is $3,206, so you purchased over $3,000 a sh- at some point. Well, it could have been a casket.

But how do you not know, though? There's so many of them, honey. I don't know what I put there. I just like, I don't even think you can have access to credit cards. It's not just because you don't know how to budget or not know how to utilize a credit limit. You don't know how to manage having more than one account. Yeah, no. So I need you to just be like locked in one financial box that you just need to use that.

Mm-hmm. Mm-hmm. Oh, gosh. Yeah, because it's out of control. I had, my husband didn't know. And so I showed him what you and I were going to talk about, and he was, he did not know. He just did not know that I had all this. He knew I had credit cards, but he thought I had two or three. How did he ask? Oh, well, he was, I mean, we don't combine finances, but he did say he's my husband and he should know. Yeah, no shit. I don't think you think like that. Yeah, I don't think like that.

You're going to, you could at some point, sounds like you guys are not there yet, but you could at some point, blow this marriage up because of your own finances. Yeah. Well, we don't ever talk about money. Yeah. I've had two other marriages. Why did they blow up? Well, the first one, we were 18.

We were too young. And then the second one, he had affairs. Don't do that. Yeah. Okay. Big of America card. That one is no interest. I know that.

Okay. You're very proud of that. Yes. It's basically at the credit limit. Yes, it is. Okay. So I have a, oh, I don't even want to say it now, but I have two new cards that are zero percent interest and I was going to transfer to like some of it to one and some of it to the other. And then look, Caleb, I brought my cards.

I'm going to tear them all up. Thank you. I am. This is out of control. This is awful. But that means nothing to me because you go into the casino and blow in a thousand hours on Friday. Well, no, it's cash. I already have it.

Like, girl, it's cash that could be going towards paying off the debt. The honey bunnies pay, like the honey bunny's paying for it. So it's not. Oh, the way you guys live is so weird. I just. In this interest. This would be, I don't want to put this on him. That would, I'm a good, I try to be a good wife.

This would not be fair to him, period. No, it's not fair because you didn't inform them of your situation before you guys got married. That's on you. Well, we've been together for 12 years. So he's been, like he's not. Don't hit the table. And you said that he only thought you had a couple of credit cards. Yeah.

So that was your fault for not informing him. Yeah. Yeah, that's true. That is true. Mm-hmm. But I can do it. We can do it. When do you think that is you think everything's 0%?

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Yes. And that bill's going to be like $500 a month. so I got to get it transferred. Or you could just, buddy, you make income. Yeah, but I don't think I could, I don't think I can pay enough. Your mind's already set. Well, I don't think I can pay. Is anyone else picking this up like me?

Like, your mind is already, you know what you want. Well, you almost want me to affirm what you think is best. No, because I don't think I could pay enough in four months to get it down. Let's see by the end. I'm very curious. I'm willing to. I am very much willing to. So you won't go to the casino.

on Friday and you'll use the money from the honey bunny How about I'll go but I won't gamble I can do that I've done that before So the thousand won't be spent? So the honey bunny can enjoy himself What's that one? It's just the end of that card Okay Elan card

Elan Elon? No Eleon Elan I've never even heard of this what do you Oh it's a master card plan Okay Yeah Okay. This balance is ridiculous. It's the highest so far. Is it the $9,000? $9,500,000. $9,000. $9,000. The minimum of the payment of $96.

Okay. You made a few hundred dollars more to the payment. So that's what you were super excited about. Yes. Okay. Again, it's basically nothing compared to where your spending is going. So it's just like I can't get too excited about it. but okay i don't know when the interest starts on that one December oh shoot then it'll be like 28 golly yeah i got to get i got to get that paid yeah yeah yeah can you pull the mic closer to your face yes is yeah you sit wherever you want to sit and then pull the mic okay city number so this is what you just open yes that's a new one you can't open death Well, to you don't understand. I know, but you know what you do when you transfer it?

You don't pay it off and then it just starts a growing interest anyway. You don't have the discipline. You don't have the ability to get it. This is a deferment to you. You're just, it's a kick. And let's kick the can down the road. So the balance transfers, I think, are hurting you more because I think I would have bet you those two transfers that we saw earlier, those two transfer cards. If you never did that and you had a fire lid under your butt for the interest,

you may have made more progress and paying off your debt because of that than if you were just transferring and feeling like you actually made progress but you didn't actually make any yes that is valid did you transfer anything to this yet no not yet what were you going to do your little plan so the $9,000 one I was going to put the 3,000 of it so that one would be six and that one would be three and then I have a discover card that's 10,500 but I transferred the $6,000 city bank to it. And so now I have $3,000. Yes, it's a zero for 21 months.

When does the 21 months start? It's brand new. So 21 months from this month. Because I have to get rid of them. Because I want to, first of all, it's absurd. No one should do this ever. Well, and it's... Then why aren't you getting out of it?

That blows my mind. I don't know. I have it. I write. down like what I'm supposed like this whole which is what that doesn't matter though if you don't budget but yeah I don't because I don't I don't even know where the money goes because you don't budget I know I feel like this is like the most like I feel like no shit thing I know I feel like I feel like I've tried to budget and then whenever I see that I'm not going to have any money in my checking

account like I panic what if something happens so we haven't that's why you get out of debt and get an emergency phone. What do you mean? What would you do right now if something would happen? Well, I have the credit cards if something were to happen. For like a few thousand? Yeah. Well, I do have a save the savings account as a little bit of money in it.

Didn't she say one thousand? Oh, I think it has 2000 in it. Okay. And then I have that checking account. It has $1,000 in it. And then I have my other checking account that has $2,000 in it. But. I wrote a little song to remind you.

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See you on the roof. I just feel like, I don't know. I panic because I don't have any family left. And so. Any? Me? My two cousins, and that's it. My two daughters. Yeah, that's really hard. May I ask about your father?

Oh, gosh. He's a drunk. I haven't talked to him since I was like nine years old. So there are really a lot of addiction issues in this family. Yes. So I panic when I feel like what if something happens? Well, that's why I need you to get out of debt and get a fully an emergency fund. Because if something happens, that is your safety not. Yes. And it is an emergency not to have an emergency fund. I know. It's terrifying. It is. But that's why we act like this is the end of the world because it kind of is. Yes, it is. But you're not acting like that.

No, I feel that way. But you're not putting in the actions to get a solution done. I know. I just keep getting more 0% cards. you know how you were taking care of your kid or your your mom yeah well if you don't get this you care of and you're not set up at all at all at all of a sudden you're gonna be taken care of you not because of an addiction thing but because you didn't set yourself up and guess what they'll feel a moral obligation to do it and some people think okay there's not any issue with them feeling a moral obligation but to me like you chose to bring them in this world they did not choose to be brought in this world so you're putting it upon them I know it's

It's ugly. And I do. I want to pay this off. You keep saying that. I do. I do. I will do it. You do follow-ups, don't you?

Yeah. I'll come back. And I'll come back. And you'll see. Follow-up channel link in the description below, trying to get to 100,000 subscribers. I'm subscribed. Thank you. I've seen a lot of good stories there.

A lot of good progress. A couple of people haven't made progress. But, you know. $4,08 in one cent. Oh my God. We're still going with the credit cards. City Rewards Plus, yes. $41 minimum payment.

You only did the minimum, and that takes 14 years to pay off. No interest. No interest until, wow, two weeks. Oh, geez. Yep. Yep, yep, yep, yep. And then you said you have another card. Did you just transfer things to?

The discovery, yes. Oh, is that what this is? Uh-huh. So how much is on there? 6,587, a transfer from one of the city cards. 6,587. Well, it's the minimum monthly. Oh, it's brand new.

Like, I got it two days ago, three days ago. I'm going to say, well, it really could range. It'll probably be like 100 bucks. Okay. So the city, there's one of the cities that's $6,000 on there. That will be gone because it's, transferred to the Discover card. The city double cash, $6,854?

Yes, that one is the one that will be gone. But not all the $6,854. I put it all on to the Discover. Well, there would still be a few hundred dollars left over, right? Because it discovers $6,000. Yeah, okay, yeah, there will be like $200 left over. So it's not gone. You transferred it.

You moved it. You moved it. Transfer. Oh, the student loans. Okay. We brought this up at the beginning, but I mean, it's substantial. Oh, I know. I don't.

Why is your payment so low? I don't know. I filled out the save application just like everybody else did. It just, I understand it. I like, I honestly do enjoy that there are programs to lower the minimum fee payment for people that can't afford it. You and your married household income and you're filing separately, I'm guessing, for taxes. No, we file together. You guys are so weird.

This makes no sense. Either way, you guys, how much does you make? He, his 48, I think. And he gives you money, but you make double what he makes? Either way, you guys don't make a bad income at all. And then you're the one that gets a lower payment? It's like, that's what's weird. Because he has to pay 200 something a month on his.

Well, did he apply? Yeah, he filled out the save application. And then now they've put it in forbearance. I didn't ask for that. I just got an email saying. That might be because of court challenges. Yes. It's going through a lot of court things.

So save might not even be around by the time that the firm is done. Yeah. And of course I'm more than willing to pay that back. I just feel like I have to work at least. Yeah, you probably have a $750 minimum payment, 700? Mm-mm. On traditional? Oh, yes, traditional would be, yeah.

So you don't have to make your $71.71 payment anymore. Mm-mm. So you owe $61,43. Golly. Yeah, it's a lot. It's a lot. Okay. And that was just for your master's? Well, the bachelor's and master's result. Oh, okay. Both were in nursing? Mm-hmm. Public? All public school? My master's is in health care administration. All public school? Man, you can get a lot of good things done when it comes in nursing in the world of community college. Did you do community college? I did. I got my, um, nursing at community college and then I got my bachelor's in sociology.

Why? I don't know. Okay. When? In 2016 and then 2019 I got my master's. Okay. There's a lot of alternative. Just please, guys, if you're out there, really lucky community college, you don't have to go to the dream school.

How's to go to the dreamt school? I'd gift you a course career certification. You don't really need one. But if any of your daughters want one, they can have it. And accounting or any of the trades. Oh, nice. Yeah, since you're a guest, you get access to that. Awesome.

Then we have a mortgage. Yes. And it's not bad. And I got it in 2019 before everything went crazy. Really? Yes. Do you know what the house is worth? It's worth now about $250.

Wow. And I only paid $131. Yeah. So you owe $117. $253.556. Your payment after everything. 1, 2, 3, 4. Okay. Not bad. Definitely fits in your income. 5.1%.

Why did you not refinance when rates? You could have gotten like a 3% right? So when the rates were that low is when I wasn't working and I was on the short-term disability. And so I wouldn't have qualified. equity position's great yes wow it's cheap to live out there yes very cheap it's not like that anymore now if you look it up of course my house is yeah but a 200 000 our house is great so yeah that is still good and it's big it's almost what is the meeting in the u.s like 350 or 400 yeah something it's crazy it's really cheap out there apparently okay 600 dollars in this checking account is that all your debt then yes 10 debts pretty much all bad

except for the house yeah okay you went inside you got some bulls went to green gorilla rocket lawyer subscription macdonald sonic drive in Rosa's cafe uh went in and got some bullsh went in and got some cigarettes and lotta tickets yeah golly winning and got $207 worth of cigarettes and lot of tickets in the next one yeah that's just every two weeks yeah to every two weeks and every two weeks and But hit the same day was an additional $88.50 at the same place. I probably got gas or something for my girls because that's just every two weeks with the cigarette and the... $27 every two weeks? That's an expensive subscription to lung cancer.

I know. It is. But it's for me and the honey bunny. He smokes as well? Yeah. Does he have any interest in quitting? He doesn't smoke that much. So no.

What's that much? How many do you smoke a day? I smoke like a pack, pack and a half. Yeah, it's a lot. That's so bad. It is bad. And how much does he smoke? He smokes maybe five cigarettes a day.

Okay, well, that's still obviously addiction then. Yeah. Because if it was going to be like one in a blue moon, that's different. But are you guys willing to, so he doesn't want to quit? No, I don't think so. He didn't, we don't ever talk about it. It's just normal part of a half a day. What does that mean?

Is that a cigarette an hour? I feel like it's a lot more than that. Maybe. I don't know how many is in a pack. That's never had a pack. That's like 30 cigarettes and I'm awake for, you know, 17 hours a day. So whatever that is, it's a lot. It is a lot.

But let me tell you, most people say they want to quit and they don't enjoy it. Well, if I didn't enjoy something, I'm not going to do it. I do enjoy doing it, which. No, I'm sure. There's habit for some people. There's flavor and then obviously addiction as well. I get it. I mean, my, like, I love coffee.

Like, I have no desire. Like, but it probably makes me more anxious than I'd like. But again, I like the ritual of it. I love the taste of it. But I do enjoy the energy. Perhaps cutting down would be. No offense, but your addiction leads to like a literal death. Well.

Much higher chances of death. Oh, yeah. It makes things like COVID, like, you know, the people that, the thing that you lost a lot of people to, people in your position with more likelihood of heart complications and lung complications, especially with that disease. Makes you much more susceptible. Because, you know, for that, it was really the people that got affected were people with medical conditions. And you're like a one-way ticket to one. Oh, I know. When I get COVID, it was bad.

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or the LifeLock app. Get the alerts that could make all the difference. Save up to 40% your first year at LifeLock.com slash special offer. Terms apply. Yeah, yeah, it's bad. Like that, so as hard as it is, and I know this is so much easier said than done, like when your life's in line, do whatever it takes. Yeah, yeah. Well, plus $400 a month. That's crazy. It's more expensive than any of your other minimum monthly payments other than your mortgage. It's a car payment.

That is a car payment. That's one thing I don't have is car payment. It's good. You replace it with cigarettes. Vanuant out $35. Went to Subway, $20. McDonald's. Ven went out, dollar, slim chickens, green tortilla, $40.

$40 inside gas station. Hmm. McDonald's. Then another checking account, $20, $20 of Amazon, and then two in totem, Amazon again, Ferguson, eBay. Oh, the air conditioner broke, and we had to buy parts to fix it, but it didn't work. Oh, that's where some of the money went.

I had to buy air conditioners for the house. What do you need some of the money? Where? Well, some of like my savings account. because the central unit broke. What are you talking about? So I didn't put it on a credit card, though. I took out of my savings account and bought window units for the house.

Your central AC broke and you bought window units? Yes, because that can't be more effective. No, the whole thing. It's so old. It's like 20 years old. But you're central. Yes. Okay.

We're going to have to get a whole new unit and it's going to be like $15,000. Yes. And how much did all these? other mini units cost? Oh, like $800 for all of them. No, for all of them. Are they actually keeping the house cool? Yes, they are.

Yes, I think they're working better than the central. Is it as price effective on a energy basis? I haven't gotten the first. I'm very curious to see that. I'm very curious to see as well. But for a whole new unit, it's going to be about $15,000 and I didn't want to put it on credit cards and I didn't want to finance it. Depending on how this impacts.

your energy bone, it may have actually been a relatively creative solution. If it's actually, because $15,000, like, I couldn't have had you do that right now. But I also couldn't have had you have heat stroke. Not that I'm thrilled with that, you know, the $800, but that's obviously, potentially a creative way. In the $15,000 is something we're going to want to do in the future. And then you're going to sell your window units used. Yes.

Yeah, but what you told are. was specifically, I live in West Texas and the summers can get well over 100 degrees. My central air went out. I didn't want to spend my money on repairing it. So I wanted to go to the casino instead. Yes. That's different. Well, yeah, but I didn't want to finance it. So a really exciting thing that you guys should be thinking about is we now have all these extra things with our YouTube membership program. You can sign up for our post show. We talk about extra drama for the episode that we didn't have a chance to dive into. Why would I want more than one super? I don't want one striper. You don't f*** them. You just touch them and you move on. Why would I want to do that again? Because it's

fun. Is that? And it's wholesome. How is Caleb as a lover? I would give a solid nine. How do you get to a nine? I just don't know how to answer that because I mean, I just do. I just do. For the upper tier memberships. All the people from the crew from over there, they come together. They make a crew cast and they talk about the behind the scenes content and how we do everything here. I think he's been on the Husky side of personal. Oh. That's great. Twice a month. We have a live stream with you guys, and we hang out with you, we answer questions,

we chat it up, we talk about the show, we just have a good time. As far as what I understand, Gooning is, I believe it's an endless edge, an edge without no end. It is an edge that never concludes. Actually, I don't know, does Gooning conclude?

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And I wanted to make sure to provide the best content and the most amount of content that's ever been in a YouTube membership. Link in the description below. But you said, so I went to the casino instead. Yeah, because I don't want to have to put anything down on, like, financing a unit. That would be my casino money. No. Your casino?

Oh, my gosh. Listen, there's... But I didn't want to finance it because it's going to be like 15% interest. I'm going to be real. Like, it's this... I can tell you are a genuine person that wants to get out of debt. So I'm going to finish this. I'm going to make the budget for you.

We're going to do the post show, all the classic things. But the fact that your language on the casino and a lot of these other things, this is like, I think, again, that you want to have a solution that's easy and caters to you. and is not a real solution. And that's making me thinking that, like, it might not be, this might not be worth it. But I want to be proven wrong. I want to have you on the follow-up channel. But I don't know.

So with the Meckys and then Ali's bargain out left for $717. That's where we got the ACs. Oh, okay. And then another 287 with them. Then another 199 with them. So that's well over 800 so far. That's over 1,000 now. Oh, dang.

I thought it was about 800. You don't even know your... Yes, see, I don't look at it. I don't... You don't have to look at it, though. It was there. You swiped on it. Well, yeah, but just the 800 is what I guess stuck in my head.

Went in, got some lung cancer, did at home. ATM fee, ATM fee, ATM fee. Resort payment. All soups. All soups? Sups, all subs. Oh, all sups, yeah. I probably gas, hard to know with you.

$106. I was definitely probably cigarettes included in that one. More resort food maybe, Amazon Pizza Hut. Venmoing out $60. It's the girls. I want to help them as much as I can. Help them by getting out of debt and being able to retire so they don't have to put their life on hold in a couple decades to take care of you.

Yeah. Yes. I agree. I do. $900 bucks in there. I don't see the savings account, unless that's what it is. The 900? Yes, the 900.

I thought you said 2000. No, that is, well, now is what I have. Like today. 2000? Yes. Yeah. Okay, $32,000 in this Fidelity account. This is a retirement.

I don't. Yeah, but, oh, oh, here we go. Okay, all accounts is $51,000. Yes. Roll over IRA, $20,000. Health. Sorry. Wait.

One of the past places you worked at, 401K, or probably the current place. We need to bleep that. We need to censor that on screen. That's our workplace, I think. But your workplace 401K, 20,000. Cashman. Oh, your individual account, 8,000. You fall in the overall market it's looking like.

Is this a Coinbase account? Yes. So I don't know. they were talking about Ethereum Doge going. Who's the thing? Like on the internet, on Reddit. On Reddit?

Yes, and my stepson. And so. Stepson. Yes. And so I went and bought it. And it's never, I've never gained any money. So I just leave it sitting there.

1,200. Mm-hmm. And red is so much I lost. Oh, it's a down 749. Because you're in, oh, this is watchless. I don't know what you're in. Oh.

Oh, dogecoids on the watch. That's great. Yeah, let's keep listening to Reddit in that son of a lot. Are you in Wall Street Betts? No, I just, I don't know. I bet you are. You probably just don't know it. What?

R slash Wall Street Betts. You're probably in that. No, no. I'm not a member of anything. I just read. Yeah. No, no. You probably read Wall Street Betts.

Oh, probably. Yeah, probably. I don't have a. anything against crypto as a part of a well-balanced portfolio, kind of a minimal part, but I don't think Doge joins what we're going after. Oh, no. I will never do that again. Oh, Weble as well, $508 in here. Yeah. You're actually up on that. I would just, like literally a dollar. I would just take it. Sell Weble, yeah. Get your $528 out of there. Even if you're down a couple bucks.

Like, who knows with whatever we are today. Just sell it and put it towards a debt, dude. You just got to get out of this debt. It is 71. No, it. Oh, cumulative. Have you,

why? Have you been buying and selling? No, no, no. I just did it one time. Oh, my position's doge coin.

So you held Doge? Yes. You held Doge. Well, I think I bought it at the highest. Lightcoin. Where's like coin? You lost $324.

Yeah. I think I bought them all, like at the highest they will ever, ever be. and then... We don't know that for sure, but also this is just stupid for your situation. Yeah.

Well, and I bought these, like, years ago. Oh, fuck. Mm-hmm. Yeah, and years ago, you were on disability, so it's just not disability, but you know what I mean. Yeah. Yeah. So this is, it's a...

It is. I know. That's terrible. Okay, so we can fix it. You put 3K into Doge coin and lost it within a month? No, that's spread out between all of those. Doge and Ethereum. Yeah.

Three cars. Why do you need three cars? One of them is my honey bunny uses one I use and one my daughter uses. Can your daughter get her own car? She does have her own car, but it doesn't have an AC, so she uses mine during the summer. Okay, then can you get her car and just give her your car? Yes. Cool, and then sell that car? And sell that car.

How much is that car worth? Oh, gosh, maybe 500 bucks. It's like a two-dust. What is it? A huge SUV. Buick rendezvous. Okay, who has the ram? That's the one my honey

honey, bunny. Who has the Ford Focus? Me. And then your daughter has the sonata? How are the conditions of all three? They're good. They're all good. They're very high mileage, though. The Honda and the Dodge, they're well over 200,000.

The Ford only has 47,000 miles. The Ford is worth right now, 7,453 from what we could get. 6,499 for the Dodge Ram. 3,343 for the Sonata. Yeah. The thing is, let's build the budget. But with your spending on cigarettes and stuff,

it's like, I can't put that in your budget. Yeah, that's okay. But also it is a huge part of your budget, so I don't know what to do. The honey bunny. We'll, he'll do whatever. Or we quit. Yeah.

live a longer life. Yes, we can quit. We can work on that. Singularily bringing down the life expecting soon of the United States. I know. Stop. Okay.

So income $4,893 and $96 a month. Okay. At least that's what came in in the most previous month. Let's get your minimum month. Thank you for at least not missing payments like many people. No. What are your daughter is going to think when they see this episode? Oh, well, they probably, they know.

They expect. Do they know you're coming on? Yes. What did they say? Oh, they were excited. I love that. Debt payments total $982.72 a month on just credit cards. Yeah, I know.

That could go somewhere else. Your mortgage $1,234. What is your electricity, water, gas? All the utilities, it's about $5.50. Okay. Internet, is that included? That's included in the 550. Okay, what's your phone bill?

1.30 for four lines. And we get free Amazon Prime. Okay. Gas, room, drive, drive. For all of us, probably. I don't know. What do you mean all of us? What's all of us?

Because you're combined or you're not, are you paying for their gas? Uh-huh. Yes. How much? Well, probably all collectively, probably about 250. We'll say 250. $250 for three people?

But yeah, I don't know. They run around a lot, I guess. Car insurances that you have to pay for? I pay that all twice a year. How much? It's $1,300 twice a year. You're going to, since, I mean, you don't have that much money left over on a month basis usually.

We're probably going to budget that out and section that out. So $217 a month. Okay. TP, find anything else you need to survive, make up whatever, $100. Okay. You're allowed to contribute $300. $100 to the grocery budget. Okay.

No more. Do lots of meal prepping. I don't know how the food situation at home works. No, we, we, there's a lot of fast food on there, but I feel like we eat at home all the time. The fast food was kind of minimal, but it wasn't as egregious as we mostly see. $300, though, that's what groceries is. You can do it. Probably no subscriptions.

Do you have a gym payment? Do you have a pet? Yes. I have four dogs. Three chickens, two ducks. Who pays for everything? I do. I do. We'll say $100 a month.

Okay, that's not much at all for that much. Well, it's probably more than... How much then? We'll say $150. Do $150. Do you have pet insurance? No. Are you going to get pet insurance?

No, but the time you pay that pet insurance, it's cheaper just to take them and pay out of pocket. It's not true. I think it's so expensive for four animals. It is, but surgery for an animal is beyond more expensive. Well, they had all their hysterectomies, whatever it's called for a dog. And I feel like everyone that has a dog has like one surgery at least. Yeah, and they've had all their, they've all been fixed. And it was.

Okay. Well, that's not the kind of surgery I'm talking about. I'm talking about the eight something and they get surgery. It's something I'll certainly look into. Copays and stuff. on a monthly basis for you? Put $50 for that because I have to have my... Jim?

No, no Jim. And the only subscriptions I have is Netflix, Hulu, and Spotify. No, you don't. Okay. Okay. I'll put $10. Okay. There's just Spotify.

Okay. Okay, let's add this all up. Let's see where we stand. Yeah, you have $900 left over, essentially. You need $3,973 and $74 cents to survive in a month. monthly basis. And I know he even sends them over for utilities. Let's just pretend that doesn't exist. Just a set example for you. Okay. So you have $920 left over. Okay. So what I would do is just in general payoff. I think this is going to be easiest for you to pay off smallest

credit card. So put everything towards the smallest. Okay. Nor the interest rates for you. You're not disciplined enough to be able to do the avalanche method and stick to it. That's okay. These credit cards are so hard. That's crazy. All right. Credit card, 38,591 that you've refused to pay off, which takes 41 months to pay off in your current situation. That's how many years, four?

Yeah, basically. Three and a half. Oh, that's not bad. No, but that's you not going to the casino once. That's not getting scratches once. That's not getting cigarettes once. Like, that's, unless, of course, the other one's paying for it. But then even still, if we're taking the money, he pays for utilities and stuff and or rent to you.

You know, that kind of offsets. Maybe it's closer to three years. But even still, that's a lot of time. For someone who spoils themselves a lot in terms of experience and memories, it's a lot of time to not do it. It's a lot of time to not give your kids a single cent. Yeah. It's a lot of time to really sacrifice. And that is literally just that.

And then you have the student loans on it. I highly doubt you're ever going to get any kind of forgiveness of your 61,000. And then we still need to catch up on retirement. We still need to get an emergency fund. Emergency fund, if we minus the debts, except for the mortgage. I mean, you need to get $18,000 saved up as an emergency fund. So it's a four-year process. If it's three years to pay off the debt, it's a four-year process to get to the fully-funded emergency fund as well.

That's a while. Four years total, debt plus emergency fund. Well, that won't be too bad because I've been winging it this far. No, I agree. It's actually not too bad in terms of the entire life that we have to live. However, us as humans, we're impatient. Us as humans, we experience the instant gratification and the dopamine hit. So sacrificing for that long can be very difficult.

I think it's very worth it because you live an amazing life after that. Yes. Very financially free life. Literally, it actually fits in. Once your debt payments are gone, you can actually fit the 30, 20, because your needs will be 50% of your income. And then you still get some from the husband to help pay for things. So it's actually less.

And then I would invest 25% of your money to retirement after that. And use 25% or more if your needs are less than 50% on fun. And with your income, that's a substantial amount of money that you could spend on fun. But that's four years down the road. Right now it's just paying debt. Yes, but it is worth it. That's the point. Okay.

I feel like I could do it faster. So I didn't say this. Okay. But before 2019, I was in this exact same situation. And I was able to do it in two years because I can focus. Are you going to, well, what changes? What, what's the math difference? I think it's, well, I hate to give trauma-based responses, but I think it was just so

awful during 2020. No, I get that. But what was the math different? Because right now, it was, well, the house. I didn't have a house. Oh, well, that's substantial. But, yes, but I still had to pay $1,200 in rent. So the math is still the same.

Okay, then what was different then about the math? Like, what got you there quicker? I don't know. You made more money? Oh, yeah, a little bit. Well, that's, yeah, okay. Very important. Yeah.

Can you, can we get you to 100 again somehow? Yes. I can. I can pick up more shifts. I would do that as well, because if that speeds up your process, paying off debt from with the money coming in from him to two and a half years, you know? Yes, because four years, it's not a lot for how much debt it is, but I'm not, that's a long time. Well, that's without your student loans as well. Yes. If your student

loans are all below 5% interest, I'd probably just do minimum fee payments until they're paid off on a traditional payment plan. And then while investing 25% minimum to retirement so that you're offsetting it. But right now, just on the retirement, I will just take the match. Yeah, you'll catch up you'll think you match 100% return on your investment but that's what I would do okay we did it we made it we made it we made it through now we're going to talk about the post show because I know there's a lot more about your life and the producers know what they're going to come in and we're going to talk about some of the more T side of things the drama but spending in a budget actually let me see so total that came in you did have some Venmos in and stuff like that as well

uh lottery ten dollars wow great and ATM deposits in as well. But, oh, you're still dramatic. Even with all the money that came in from the Hubster or whatever he's called, it was 7,461 with everything coming in. You still spent 9,370. Oh, my God. Oh, yeah.

That's why you need to budget, my dude. So spending it a budget well over, zero out of ten. Debt, two out of ten. It's really, really, really bad. Not the worst you've ever seen. Don't, don't allow yourself to think that it's not that bad, though. I was just happy. It's not a zero. Yeah, that's usually collections or IRS debt.

Emergency fund, one out of ten, well, two out of ten, because it's at two thousand today. We need to at least get to ten thousand. Retirement, definitely behind, a little behind for your age, but it's not dramatically horrendous. And we're going to start catching up as well. Okay. Six out of ten. Real estate, with the value and equity position you have, it's great. Got to fix that central AC though

Because if people want to buy it They're going to want to buy it with Central AC as well I'm going to give you a solid 7 out of 10 there It's going to be a hammer financial score of 3.5 Out of 10 Make sure to check out of the resources linked in the description below Is they what I use or would use in specific situations

Including the best budgeting and investing program Now bundled at a 15% discount And also join us for the financial audit post show Today on the financial audit post show Home equity loan to get this taken care of. No, no, no, no, no. Not with you. That doesn't make sense.

So that doesn't make any sense. Don't do that. Don't listen to your friend. She's probably poor and dumb. Yeah. Well, no. What? Is she rich?

Well, no. Then don't listen to her. Okay. To watch the financial audit post show, click the join button below.