Financial Audit - $250,000 Down The Drain, For THIS?! | Financial Audit

Episode Date: February 14, 2025

▶Sooooo she's hid it all from her husband, and in the post show I call him and confront the situation... we actually find out THE DAY we filmed she missed a car payment... WTFFFF watch here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join ▶ ▶Download my budgeting app today: https://calebhammer.com/app - don't overcomplicate this crap! All you need is an automated and SIMPLE budget. This comes with live CFP sessions, weekly classes, an online community, automatic account connections, my budget-friendly cookbooks, and exclusive discounts on my products Check it out :) Try Rocket Money for free: https://RocketMoney.com/caleb Go to https://meetfabric.com/CALEB and apply today, risk-free Tired of steep car insurance premiums? With Money.com, you can compare multiple car insurance options in just minutes and save big! Click here https://money.com/caleb-car-insurance to see options that could start helping you save money today. Paid endorsement. This message is sponsored by Money.com, which receives compensation from its marketing partners for some of the products and services featured. Eligibility requirements apply and offers may be subject to change without notice. Learn more about how Money.com makes money. ▶▶▶ Download my budgeting app today: https://calebhammer.com/app ▶ Watch this episode's *POST* *SHOW* + get *MORE* Financial Audit here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join ▶Come to my live show in Austin on Feb 22nd: https://www.calebhammer.com/live ▶EDUCATION: 1) Bundle my budgeting, debt + investing program for *15%* *off* : https://calebhammer.com/classpack/ 2) The best budgeting program online: https://calebhammer.com/budget 3) Get my investing class and I’ll give you a $100 moomoo cash reward: https://calebhammer.com/investing 4) Win with GOOD debt and get out of BAD debt correctly, learn in my debt program: https://calebhammer.com/formula 5) Get your own free Hammer Financial Score: https://www.calebhammer.com _______________________ ▶RESOURCES 1) Checking & Savings: Get up to 4.60% APY, pay no account fees, and earn up to $300 when you sign up and set up direct deposits. Terms apply: https://creator.sofi.com/c/5535481/2068695/19219?adcampaignid=bank&adnetwork=brand *affiliate link 2) Important: The creator is a paid influencer and not affiliated with Moomoo Financial Inc. ("MFI") or its affiliates. Content outside of the moomoo ad has not been reviewed by MFI and reflects the influencer's own views. MFI does not endorse any strategies mentioned and is not responsible for the influencer's services. Click this link https://j.moomoo.com/Caleb to get up to 15 free stocks from moomoo U.S when you make a qualified deposit + earn 4.6% on uninvested cash + an additional 3.5% APY Coupon for 3 months for new users!! Terms & Conditions Apply 3) Get $20 from Acorns for free: sign up to get your bonus https://acorns.com/caleb 4) CourseCareers: Land a high-paying job with no experience or degree by going through an affordable online course: https://coursecareers.com/a/calebhammer 5) The credit building debit card: First 100,000 people to sign up for Fizz with code: HAMMER10 get $10: https://www.joinfizz.com/caleb (paid ad) 6) Advising: Book your free strategy session https://dmnmny.co/caleb to work with Adrianna or any of the other CFPs at Domain Money today! 7) Helium Mobile: save a ton on your phone bill, sign up and get a FREE plan when using promo code CALEB https://hellohelium.com/ 8) Online security: Protect your online privacy and security NOW and for free by following my link Aura: https://aura.com/hammer 9) Therapy: Make SonderMind your mental health home in 2025. Sign up at: https://pages.sondermind.com/caleb/ 10) Build you own stan store: https://www.stan.store/?ref=CalebHammer Learn more about your ad choices. Visit megaphone.fm/adchoices

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I could have been like so many people who go through it in like six months and I didn't. So I'm at all my back. What the fuck did you possibly do? A quarter million dollars is life changing. All I had to do was pick up the phone and call my grandmother and be like, hey, mama, I need $5,000 and I had it. So you've been a spoiled, your entire life? Download my new simpler budget app to date and take control of your money once and for all. Hi, my name is Layla. I'm 39 years old and I live in San Antonio, Texas. And this is financial audit. Thanks for coming up from San Antonio, especially on such like a wintry day. What do you do for a living down there? I am a remote mental health therapist. Whoa. Okay. Usually the people we try to get our guests in touch with.

Like we give away three free, like we give them three free therapy sessions. Think just, uh, Sondermine, you know, that's our, that's our people. So that's great. That's a great job. That helps a lot of people. I love that. Cool. What do you make that with that job?

That could be money. Could be, should be. You would think so, right? Is it not? It's not. So currently I'm making $20 an hour working remote. What was your degree? Masters in Marriage and Family Therapy.

Okay. Okay. But when I was in Virginia, I was making like $78,000. Why are you doing this? How many hours a week do you work? 40 hours. Okay. Why are you doing this? You're working for like a nonprofit? What are you doing? So I worked substance abuse. So I was in my bail Alabama. Well, that's why I can't understand you. Okay. And, you know, my husband got transferred here.

Transferred? Yeah. So. Husband? Yep. Okay. Okay. So. And so with him being military, we came here and I was going to try to work here in Texas. But unfortunately, I failed the NCE by one point. Well, then good, right? Right. If you're failing that, I don't want you to be out there helping.

But, you know, that's like, that's not even, that's not even fair because the test doesn't even mean that much. Like, I can still be a counselor without taking the test. But you can't make the $75,000 a year wage? because you don't qualify for that type of job? I was even, I was unlicensed when I was in Virginia. I was working on a adolescent acute mental health unit. Okay, so why are you making half the income now? Because apparently the South doesn't value mental health, like at all.

It's a major city. Sid A. Antonio is in the top 10 metropolitan areas in the country. I don't know about that. It sounds like you're working in an addiction place, which is absolutely fantastic, but $20 an hour. Yeah, but there's more options than that. So I'm having to still work remote because without, I can't work legally here in Texas until I pass NCE, right? And there's catch 22.

How don't you pass? How often can you take it? So I can take it every three months. And when was the last? March. Of 11 months ago? Yeah. Of 10 months ago?

Why haven't you taken it again? So if we could double our income, why not take a pass? Here in Texas, you wouldn't exactly double. I would make a little bit more because I would still be an associate. So I make a couple dollars more. What is the job you would do? So I would be an LPC associate. And the jobs that I looked at in San Antonio, they make roughly maybe about 23, 24.

So a few dollars more, but not that great. But being in my field, I realized that I am burned out. And I am so not happy. What are you burned out with? Well, I'm sure. Yeah. I mean, you're meeting with people facing. addictive issues. That's incredibly difficult. That gets so, yeah, I'd be burnt out too. I get that. But

what are you trying to say? It's not like you don't have debt to pay off. You need the job. You need to make money. What else can you do? I do. So I have a lot of debt to pay off a lot. Wait, you said husband. So this is a dual income. It is, but we keep our finances completely separate. We have a pre-up agreement. You have a pre-up? Who's the multi-millionaire? So before we got married, I had a lot of money. My grandmother left me. when did you go when did you guys get married? 22. Two years ago your grandma left you a lot of money

which means I would say we can pay off the debt potentially okay. What are we doing with? What is the nest thing that we're dealing with here? What do we get to play around with? So basically I have nothing left. What do you mean you have nothing left? Wait, how much did she give?

Are we talking like she gave you $20,000 and over two years that's gone? Oh no. That old sicken? Oh no, I had like $175,000. What the f*** did you possibly do? And it took five years to spend five and a half years to go through it. What are you proud of that? What the thing?

Because I could have been like so many people who go through it in like six months and I didn't. So I had on my back. Hold on, hold on. Hold on. You could have been. No, 175. You said five years ago? Five years ago, you got it.

Five and a half years ago. Yes. It's the account settled in April of 20. 2019. Oh, fucking s's it. It was 175 damn thousand? Mm-hmm. Okay.

Let's just say I open up my investing app of choice, Moomoo. Wonderful. And I put $175,000 in there, and it just does 8% a year. All up, years, down, years combined, stock market history. And it was five years ago. So five years ago, you were 34. 34, we got 26 years until we can pull it out, essentially, tax-free, zero additions. That becomes you just lost $1.4 million.

Congratulations. Because you decided to spend it all. Congratulations, and you're proud that it took you five years to spend an set of two. Yeah, I mean, like, it's great. But I mean... Objectively, that is wrong. Did you not just hear the number I said? $1.4 million.

You have any kids? You have any kids with this pre-in-up little kid? You're going to love this. So get this. So... It is too early for this. Come on. This is usually the get-to-know stage.

A little foreplay. Or you're diving deep. You're going full peg. You are going to love this. You are going to love this. You are going to love this. Love this. Get this. What are you getting excited for? Get this. So, wait, hold on. Why the fuck are you here? You don't have to fucking, why, why the, why, why, why, why, why, why, why, why, why, why, why, why, why, why you tell me what I'm

going to love? Because, you're going to, like, fix everything. How would I fix? You're going to, like, tell me what I need to do, because, like, nobody's helping before. I could tell you what you help. You've never, you had a hundred seventy five thousand dollars. He didn't sit down with the financial advisor when he got $175,000. Oh, that's what you're going to love. The money that I got was in a in a Raymond James stock account. So it was. I know what Raymond James is. I'm sure it's a brokerage. It was.

It was a stock account, an investment account. Okay. Okay. Yeah, from with Indeeding Glassdoor on Salary.com, we're seeing about the median San Antonio wage and pay scale. Typically, we're looking around $50,000 a year. And LPCA's and on top of that. So that would be a $10,000 increase from where you are. So it would be.

So it was in a stock account. Then what? When the money got released, I took some time off work and I had some surgeries. I had some surgeries to take care of. Yeah. Okay. Well, what were you going for?

So I lived off that money for six months. Oh, well, hold on. Oh, hold on. Over the surgeries? So I had sinus surgery and then I had weight loss surgery. And I took time. Wait, how long were you out for sinus surgery? So my sinus surgery was like I was out for two weeks.

It was pretty bad. You don't blow through 175 in two weeks, okay? I didn't. What about the weight loss surgery? But I paid rent. I had a car payment. What about the weight loss surgery? The weight loss surgery was July of 2019.

Well, I technically already have permission, but I'm going to ask permission again. Can I be offensive real quick, potentially? Yeah. Question, did it work? Yeah. I lost 100 pounds. Good job. Well done.

I was really proud of myself. Good. I am too. 100 pounds is huge. It is. I did really well with it. I started realizing that I was ready to go back to work because, of course, you know, after the money settled,

I had a car that was in... Wait, I'm sorry, I was trying not to get canceled, so I didn't hear your answer correctly. How long were you off work for the weight loss surgery? So I took off from July to September. Did you... Okay, well, that's also still 175 for two and a half months. Total so far is not adding up, so I don't know what the fuck you're talking about.

So. What was your lifestyle cost? What are you talking about? You're making $75,000 a year. Okay. And did you, did you not have any kind of, well, that's not disability.

I was going to say disability insurances. I didn't have short term at that time. But at this time, I was in Mobile, Alabama. So I had just graduated with my master's. And I was making $20 an hour then. You made such good progress. I know, right?

I was doing so well. I was taking my friends out to eat. I took care of everybody Because your stomach was shrunk? Yeah. You didn't have it all for yourself? Yeah. I made sure that they had food.

And I, of course, bought stuff. We went to Vegas. Would they have starved? No. Okay. But I was doing really well. I bought a car. What kind?

I bought a 2019 Nissan Maximum platinum. And that's new at that time. That sounds expensive. How expensive was that damn car? It was like 40 something. You buying cash? No, I see, I was upside down on my other car, but I had to get rid of it because it was in somebody else's name that I had no longer talk to. She had a hundred seventy-five thousand hours.

We gave a fuck of your underwater. But I was trying to hold on to it, which, to be fair, I held on to it for a long time. To be fair, I didn't go crazy nuts because I almost. You lost 175,000 hours. You lost $1.3 million. That's pretty, you don't value money. But we're not going to focus on what I could have had. We're going to focus on what I had.

and how well I did with what I had. How well? At the time. So you're actually, you think you actually did well. Yeah. Because it lasts five years. Five and a half years.

Yeah, but you were only out of work for two and a half months. I was out of work for a few months, yes. So the five and a half years, we're talking an additional $75,000 a year in those time and that time. Right. So times that by five plus the 175, not including any kind of growth that the socks were getting,

which during that time it certainly was. It was. Talking to the COVID time. But either way. divide that by five. Okay. You couldn't, you, you're proud that you scaled down so much that you lived off 110,000 dollars a year, basically in poverty. You are so brave. You're an inspiration to all. I should be. So. You should be what? I should be an inspiration because like, I know so many people who got money and it was gone within like a month. And, whoa, your brain is so lost. Okay.

It is. Come on. That's so. Well, you realize it? I mean, yeah, that's why I'm here because like I realize it. I also need help. So your past tense talking? Yeah. I mean, I realize it. I made a lot of mistakes. I 100% get that. But, you know, the thing about it is when it comes to my past choices.

What's in retirement today? Oh, you're going to love this. I have nothing in retirement. So every time I'm not going to love something, you're going to say you're going to love this. Pretty much. That's your thing. So you literally were given the blessing of a lifetime through a tragic circumstance to essentially catch up on retirement.

and get to a place where all your fuckups didn't matter because someone came in and saved you. And then you decided, nope, I'm going to fuck my life even more. I'm just going to, oh, it doesn't matter. Well, at least you don't have kids to worry about. Are kids in the future? No, absolutely not. Why? Okay, that's fine.

I don't care. No kids. At the time, I was, you know, living life and just enjoying myself. Are you, okay. So you got the pre-tempt for 175,000 hours? This isn't even like pre-nup worthy. So when me and my husband, we met New Year's Eve 2019, and I moved with him to Virginia because he got stationed at D.C. in August of 2020, so in the middle of COVID, it wasn't until February that I got my really good job. I was really happy. And I had to live off that money. Like I paid my part of the bills. I paid everything I could because I didn't want him to support me. I didn't need him to support me. And while that's a totally different story now, we had a pre-num. because of some of our past thoughts on finances.

What? My husband, his last marriage, she didn't work, and she just drained the bank account. And I was like, I don't need your money. I've got my own. I'm good. But pre-nop, we're talking to, like, more divorced stuff anyway. So why does that even matter what she was doing during? We're pretty much at the point where I just told him, you know, if you buy a house,

whatever, like I will walk away. And I signed a piece of paper saying that. I will completely walk away. So he was protecting himself, even though you were the one. one with the nest egg that came into the marriage? I mean, to be fair, he had a nest egg too because, like, he makes $180,000. Are you saying had as in had? I mean, my husband makes $180,000 a year.

Yeah, but you said the word had with a D. So he's, does he not have a nest egg? He does. He sold his house. He had bought a house. He sold it while we were in D.C. Okay. Was the money properly put places?

Or was it blown? I assume so. My husband's really good with money. I am not. You know nothing about his finances? I know very little. Does he know anything about your finances? Oh, yes.

Why? What is this relationship that you guys have? Are you guys like, what about United Goals? Nade goals for the household? You guys just seem like two fuddlies that live together. No, let's be honest. I mean, that's kind of what it is. To a certain extent, but like, it's a situation.

It's really not because here's a thing. A legal one. So here's the thing. So my husband takes really good care of me and I am like, I look into death. How does he take care of? of you guys are completely separate. Because I, when I send him screenshots of my account being negative every day,

he like sends me money and covers it. Like he takes care of me. Why would you need to be sugar daddy from a husband though? Usually marriages or partnerships where we form together in a union and we share, we plan, we goals. But instead he's your sugar daddy.

We don't have a share of account. Because he's your sugar daddy. Is that a kink of his? Like what? Like this is a weird relationship. You know what's wild? Most people don't even realize how much money they're wasting every single month. Subscriptions, random fees, overpriced bills.

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That is RocketMoney.com slash Caleb or head to the link below to check out Rocket Money and get on top of your finances today. So it's hardly marriage. And a lot of people have separate finances and I'm not going to freak out about that specifically the way you guys are doing with the pre-nup, even though you guys are You know, it's just like he doesn't sound like, it sounds like he does well, but I don't know. And then he sends you money by you sending screenshots to your financial situation so he can probably enable your bad behavior like a great spouse. And then and then you're blowing hard.

This is so weird. You guys are so weird. I wasn't always bad. Like when I first got the money and everything got, you know, divided out. I did pay off credit card debts twice because once wasn't enough. Whoa, whoa, whoa, whoa. When? Yeah.

the dates, ish. So the end of 2019, I paid off credit card debt. That was your first time. It was only a few years ago? Oh, yeah. How much credit card debt did you pay off in 2019 to then have to do it again, to then be now with negative net worth when you were positive at that time? I think I was like 26,000, something like that.

Okay. And then the next one? And then the next time I, paid it off was we were in D.C. And I had my great job. Dang. Yes. So, let's see.

That was like 20-21-ish. Okay. So two years later. Yep. Basically two years ago. It just became 2025. Amount? That one?

Because I'd got more credit cards. I had like 14 credit cards at one point. So how was the first one paid off through the money that you got from the death of someone? How was the second round paid off? I called my advisor and was like, hey, I need 30. Oh, your advisor, I guess he has to allow you to do it if you ask him and tell them to. How did they at least push back? No.

But I mean, here's the thing. Just like when I was growing up when I was in undergrad, all I had to do was pick up the phone and call my grandmother and be like, hey, mama, I need $5,000 and I had it. So you've been a spoiled your entire life. But I'm an awesome bitch, to be honest. You might be, but spoiled as well. I mean, I don't, I don't disagree. Like, I know what they're spoiled. But how are we going to make progress, though, if your husband is continuing that spoilage?

But my husband really isn't spoiling me because... You sent him screenshots to your bank account and then he lends you sugar daddy money. What do you mean? How, what do you just... Didn't you literally... You said he's take care of you, but by take care of you is spoiling in your situation. I mean... We're probably going to have to call him on the post show.

And let's... Let's call him in the post show. Let's not even forget that My husband Oh gosh, we have to talk to this guy We're not getting the full story And then you're here alone Because you guys are completely separate

We are You guys are nothing together, no accounts No And even like utilities So no the water bill is in my name The electricity is in his name Wait this is overcomplicating He just bought a house too

He just bought a house This is so weird And it was an impulse purchase, too. But he did it. People who don't even want to get married, you can get married. And then I'm over here just like, oh, and we had like a great wedding too. It was great. So you did two years ago.

We did. We had a great wedding. Proud of you. Actually, we had two weddings. Situationhip wedding. It was great. Wonderful. Okay.

Well, where do you think you are in the world of finances? Self-assessed. Self-assessed today. Not trying to think of the past. and how you justified in the past previously. Where do you think you are today, 0 to 10, zero to 10 being the worst finances, 10 being the best finances? Where do you are?

We're like negative 100. You, you, you, you, no, we, you. You don't have a we. There's no we. Fine. I'm like negative 100. Did you fucking hear what I said? I said zero to 10.

Let's start. Yeah. How about, do you rub a couple brain cells? You're obviously not stupid. You have a master's degree in the world of how. Help. I do have a message. Please think. Where do you think you are? Just where you think you are today, just where you think you are today, assign that to the score.

Zero being the absolute worst, 10, being the absolute best, five being in the middle. Zero. Okay. Great. So we're on the same page with that. Well, I don't know. I haven't gone through this yet. If you want your hammer financial score, it's free link in the description below.

See where you're assessed on your finances. And if you want to come on the show, you come on. the show you're from the audience right yep and from the audience just like you guys go ahead apply come be on the show we'll have your finances we'll have a good time then you get to hang out with all our production team have you had a good time hanging out with the people so far i have yeah and the onboarding process was it simple and chill it was informative and all that good stuff and good you can go through all that that's a good time go to calebhammer dot com slash apply we'd be happy to have you on the show and get you connected with resources and everything as well

what you'll set you up with but uh let's can wake this up first because this is yeah this is not we're just not in the right okay okay oh you're gonna love this you're gonna have a great time you're gonna have a bad time you're you're gonna have a great time i promise okay okay apple card we are sitting at three thousand eight hundred thirty six dollars and fourteen cents with a $152 minimum payment you make $20,000 an hour so you make $40,000 a year what hits your account on a monthly basis right now

what hits your account? Do you even know do you look at your account? And by the time I do my car payment and my debt management payment like debt management. Yep. We have all this debt and we have a debt management. Yep. But a minute. Did you answer how you paid off

21's debt? I called my Raymond James and just. Oh, you just pulled it again. So you started money in. Yeah, because I still, I tried. When did we hit zero from the 175? When was zero hit?

October of 2024. So just a few months ago. Did that not, did that not just kill you? It did. It should have. It should have killed you seeing it go down in general. Did you even know it was almost zero? Did you call?

And they said there's nothing left. No, like, I kept watch on it. I knew what was in there. Then why did you keep going to it instead of, like, I understand going to it the first couple times, but then you're like, oh, shit, I'm actually joining my nest egg. Let me fix the thing that is getting me into the place of having to take from it. I figure that was a future me problem. Future use now.

Yeah, but no. Go on, explain. I mean, future me. I would love to know that opinion. That's a future me problem. And you're saying future years not now, but the future you problem that you said future you would have to deal with is now because that's what you were saying was I'll, I'll get one to hit zero. It's zero. I had a sad day when that happened, but I was really proud of myself because I made it last

five and a half years. You are so your mind is warped and fifted on that opinion. Because what's your opinion. Yes. When I say things, they do tend to be my opinion. Well, okay. Wait, why are you so defensive out of this being proud of this thing? Because that's, that's going to be like a big thorn between us.

It is like, here's my fear. Here's my fear. I'll let you explain in a second. I let you truly try to rationalize this the best you can. But my thing is, if you are in a position where you're proud of blowing through 175,000 hours, while making 75,000 hours a year for five years, ish. I know some was a little less, you know, whatever. But even still, so like 110,000 hours a year blowing through that,

like you're living on poverty mode, and that's a congratulations thing, getting to zero. Then what happens if we get you to a good place out of debt? for the third time. Technically for the fourth, we'll get there. And then, let's, we get your retirement on track. We get you to a big thing.

If that mindset is not changed now, you blow your nesting again. So why are you proud of that? I can't have that be your mindset. I can't have that for this conversation. For your future, I can't have that. Your future matters, dude.

I mean, that's all I can do, right? Because, like, I can't, it's so hard to. It isn't. That doesn't make sense. No, it isn't. Are you saying we can all only act in the present? No, we can act for the future.

And that's what I'm doing. That's why I'm getting ready to go back to school and change my career. Really? So that's why we haven't taken the testing? Oh my gosh, you just keep leading me down rabbit holes. I was so close to talking about this apple card. And hold up. Let me, let me, let me, you're really going to love this too.

So. You are, I hate that. I hate that phrase. Say that again. And I will fucking. You know, we used to have a spray bottle. We just can I have a f***ing spray bottle? Because I got, I need to just like, I got to spray that powder off of that cake off the face.

This is your, this is your, this is you, dude. This is your fucking, if you just, I hate that phrase. That phrase has annoyed me the last two times. It is aimed at you. Powder will be flying. So I'm in my great job, right? So we're in D.C. I got my great job in 2021.

making $78,000 a year, I was so happy. Life was great. Never made that kind of money before in my life. 2022, my husband was getting deployed to Tampa. And, yeah, he was deployed to Tampa for six months. And they called it deployed in place. Okay. And so I had.

Deployed in place or stationed? Yeah, he was deployed in place for six months. So it wasn't like a permanent thing. So I had, Right in the terrorist in Tampa. So basically I had a hard time in my job in 2022. And I had a lot of stuff happen like where I was working. And it like really killed me.

So I ended up going out. What vagueness? What? So I had my first anxiety attack on the unit because of just how the how toxic the unit was. What? What? His unit? No, I was working.

So this is when I was working at a inpatient adolescent psych unit. Okay, so it was too much for you working at the... It wasn't, but it got to a point where it was, and I was the only therapist on a 15-bed unit. Okay, so you couldn't do that, and that's fine. I started having anxiety attacks because of how the nurses were acting because they were terrible. And so my psychiatrist took me out of work, and I did have short-term disability, so I spent the summer of 2022 flying back and forth between D.C. and Tampa. Why don't you go to... Tampa.

I had a great time. I was going to bush gardens like every day. No, no, no, no, no. Why didn't you go to Tampa with them? So I was still at work. I was still working. Yeah, but then you weren't. I wasn't, but I was back and forth.

But you couldn't afford the back and forth. Why not just go there, stay there? Well, back then, when I had the great money, oh yeah, I could afford. Like, I was. You couldn't have. You drain the account. That's not the, life will never be good again. Life was great.

Life was. It will never be good again. It will, though. But then... Not with this, lady. And then... Math is not my strong suit. It did take me five times to get out of college algebra.

Five times? Yeah. Wait, whoa. I failed it four times. What did you fail? College algebra. I failed it four times and passed it finally the last time. Uh-huh.

So then, 2022, my husband is getting ready to come back to D.C. And I had quit my job and had started another one. and then my husband decided that he was going to help me out and get me out of debt again. So that's that's time number three. So let me ask you. He took out a personal loan of $50,000. He took out a loan. I thought he was a fucking millionaire from the sounds of it.

He took out a personal loan. Why? Does he have it? He took it out. So does he still have the personal loan? Does he still have the personal? Yeah. And are you paying him?

So I was. but then when he got like actually deployed like overseas I had to move he's like we're not staying in D.C. Now what are you going to save for deployment? Are you going to say he went to Berlin? No, he went to Aldafra, which is like an hour and a half from Dubai.

So he was like, we're not staying in D.C. because rent was expensive. Everything was expensive. So I was like, let me move back to Mobile with my friends. I'll be happy and I move back. And of course, I got this wonderful job with a master's degree making $20 an hour. It's great. This one?

Oh, so you got it in a mobile and then you're- I did. And I'm there just let me work for both. What happens to tell you? He'll fucking move again. He's moving every second of his life. So he is about to retire. He has put in his paperwork.

He is 42. Thank you so much to the tens of thousands of people who downloaded my budgeting app, simpler budget. it means a lot. So much so that we wanted to extend our offer. There is now an extra week left to get a 30-day trial to simpler budget with a 30-day free trial to simpler budget premium and lifetime access to my new budget-friendly. This is Euphoria Calvin Klein, the new Elixir Collection, featuring three perfume and 10 cents, inspired by a unique Orcid Accord, paired with vanilla, each with its own distinct attitude, each with its own universe. Bold elixir. Sensual. Woody.

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Cookbook. On top of that, anyone who signs up for an annual membership right now or before February 14th, which is my birthday, and renews at full price, will be sent a free Founders Edition Notebook. upon renewal. All copies will be decked with our Founders Edition stamp and the Simpler Budget logo and signed by me. Just make sure you provide us your address and your proof of purchase in the email we send you. Thanks again to everyone who's already downloaded Simpler Budget and you can download it right now for free at Calebhammer.com slash app. Hey, 2,400 came in. As you said,

you were pretty close. I mean, it was just slightly under, but like 20 bucks. Okay, that's fine. How much did you spend this last month? Um, negative. Because like I can tell you my count. You spent negative? That doesn't make sense. So you actually, what do you mean you spent negative? As in you didn't spend more?

Hey, how much did you spend this last month? How about that? How about answering the question I asked? How about I don't even know because I don't even keep track of it? Dude, your best guess. I just want to see where you assess yourself. I don't ask this for no fucking reason. You are so complicated for no reason.

What do you think you spent this last month? What do you think you spent this last month, lady? I don't know like 3,000. I don't know. Take a guess. You know better than I do. Yes, I know the fucking number. That wasn't the point.

How are you this like brick walled in the brain? I don't know. But like it's not even. No, no, no. So $2,400 and you say $3,000 when now. Why is it okay to spend $600 more than you make while relying on that D? My husband takes care of me. Yeah, I know that.

He enables your behavior. Why is that? okay. Why is that okay? Why? Now you think why. Because I had my grandmother that like helped me out my whole life now. You're just telling me something that happened. Why do you think it's okay? Because it is. I mean, he's my husband. So you have no reason. You're not able to actually answer that question. You are unable. How do you help people with the problems? So I do substance abuse, right? So I help people who are You have the substance of abuse of fucking money. I mean, yeah, but see, when I'm in my job, we're not talking about me.

You're not a fucking spoiled. It's not, it's not all about me. It's not all about me. You're spending in life is. You spend more than you make and you get money from Dundee. Yeah, he takes really good care of me. I stop saying that. I'm adding that to the list, the spray bottle list.

For you say that four times, that doesn't answer a question. That doesn't benefit the fucking conversation. Also, no. Also, no, you spent $4,000. And you think that's okay? Like you're some kind of mature adult. I'm glad you're not having... I am very mature.

Have you been able to hear the words that are happening in this conversation so far? Because I can't allow you to believe that it's proud to spend 175,000 dollars in five years or 110,000 hours a year. I can't let you think that you are mature. I can't let you think that it is okay to be enabled constantly throughout your. life because look, we've added up while being enabled. I cannot allow you to think these things. You continue to think these things and we will not actually change it. Just like many people that come on the show, you come on the show.

You see it from the audience perspective, okay, cool. You come on the show and you think this is just going to be a numbers game. I create the budget. You fix your problem. No, it is those three things added up so far. Those behavioral mental things, belief things. It is those that if you do not address, you do not fix, you do not change your mindset on, you will continue down this path forever.

he will not be in your corner because you'll get sick of it. You'll get sick of your and you'll be done dying under a fucking bridge. I don't think that'll happen. Why? Because of him? Because he loves me. And he is like seeing me through so much. That was not the point.

He has seen me through so much. How are you taking that as the point? Why are you locking on to that is the issue? Lady, I didn't even. That wasn't the point. That wasn't the point. It's just where's the, the, the ability to think

Where's the But it's okay Because I'm gonna be a fancy lawyer one day It's okay So that's the new career path That's the question of your past Yes I'm getting ready to take the LSAT And I'm applying to law schools

Because I Wait so you're going hundreds of thousands of dollars Into debt Yeah I'm already in let's not You don't respect money You don't understand money You have no respect for the dollar

Look at that You casually blow $110,000 a year And you think that is like You live in on poverty Like living on 20,000 a year. Now you're going to go hundreds of thousands of dollars a year into debt for school. And you're like, that's nothing. And you're not even good with stressful jobs. Good luck lawyering. I am really good with stressful jobs. I'm going to disagree with you there.

You told me your story and you want to leave this job and everything. But I wanted, I've always wanted to do better, right? So basically in 22. I'm good with better, but you're not doing it in a smart way. Sorry. In 2022. Oh, is this another fucking story time? We're going down story central? Yes. So in 2022, it was great because I decided I wanted to get my... Everything was great in the past. Everything's shi-out, right? And then I wanted to get my sci-D. So I was going to go be a psychologist.

Yep, I was going to go on. And then now I applied for school in San Antonio. And I did not get in, but they offered me a spot in their master's program. So I accepted and I went to class one day and it was like, I'm burned out. I'm done. I don't want to do it. So then I got back to my roots because when I started undergrad, I was headed to law school. Like that's why my undergrad is criminal justice.

I was headed to law school. And then I had people in my corner who just pretty much just told me I couldn't do it. They told me how hard that was, how hard it is to get into law school and all this other stuff. basically like you can't do it right so now I'm about to show everybody what I'm not going to show anybody you've never accomplished anything in your life you're a complete failure at 30 fucking nine that's brutal and rude but it's what you need to hear not a complete failure you are just using school as an escape as a vessel as a way to not work as a way to not confront your issues as a way to not act mature I could be worse

What is this? The Infinity Stone Collection of Financial Audit could be worse. I haven't heard that in a second. Yeah, it could be worse. Yes, it could. I could be addicted to so many things. You didn't break the rule. You're just pissing me off.

Yes, but it's not about that. Why is because I could be on my 600 pound life, you think it is okay that I have this? Objectively, no, I am not a healthy person. I am objectively not going to live as long as other people. If I have this, I do not have as much energy as other people. I am objectively unhealthy. just because it can be worse and I could be what Tammy was on f-thousand-pound sisters

does not mean I am in a good health position. Why you're using, now instead of just using school, now you're using that as a way to justify you being okay. You're probably using, listen, you lost 100 pounds and that's great, but you probably use the concept or the fact that you lost 100 pounds because that's a big goal and big milestone, as a justifier for why you don't think you might need to lose more weight. You're still objectively unhealthy.

You are, you know, when fucking another pandemic rolls around, who are the people that died? It was the people like you and me. The thick dudes, the dudes with tits. Or in the old people. Just because you lost 100 pounds doesn't mean you are still in a good spot. You are not. You are likely to die if something happens like that. And you're not as likely to live past the age of 70.

It's as simple as that. That's fine because I don't have the money to live past 70. That's not the point, though. You don't have to be defensive. That is not the point. That is not the point. It is the fact that just because you are not the worst does not mean you are good. That's not how the math works.

That's not how the equation works. Don't allow that to be an excuse and enablement of yourself to be in this position and continue bad behavior. But it's going to be okay because I'm only like $120,000 in student loan debt. Right now. It's okay. Yeah. the other student loaned, it'll be a future me problem. It's fine.

What future, you, oh, so are you going back to school to avoid having to pay on the $120,000 hours right now? No, I, oh, I've been in forbearance and all that. I have never made a student loan payment. Yeah, I've been in deferment. Like, I've been, all, all the programs you can get. No, no, no. Are you in forbearance or deferment?

Forebearance. Because I sent them, because I send them my paycheck stub saying, hey, I'm too poor. I can't pay this. I have a six-figure degree. your administration doesn't give a fuck about that. I don't know what I'm going to do then. Yeah. It's future you problem.

Yeah, it is. As in like next month. As in literally next month. We'll figure out. I know nothing about the new Department of Education had future nominated. I mean, my payments when they tried to get me to pay was like over $1,000 a month payment. Yeah. And listen, I'm not necessarily against you being on an income-based thing or getting forgiveness

if you work for a nonprofit. I'm not against that. It's the fact that you just consider it to be nothing. in future your problem. Like, that's why we're just never going to get anywhere. Like, again, through here, it's just an Apple Bill and Apple Bill, and Apple Bill. What are all these things?

1431, 845, 648, $4,0.332 cents through Apple Bill. What the fuck is that? What possibly even is that? What is it? Why? Probably games or... Gems? Fibbing her phone?

You're gems in it up? No, not quite. Probably like stuff from Apple Music, probably... Well, wait. What else can you get from Apple Music? That's not the subscription. None of these are the subscription. So I have, I've bought stuff from, oh, TikTok, I have bought, like, stuff to contribute.

And then you use Apple pay for that? Mm-hmm. Contribute? Like, yeah, I've gotten, like, psychic readings and stuff like that. Well, that's contribute. What, huh? Yeah, because, like, you send them money, right? And they will, like, tell you your future.

Why'd you say contribute? Because, like, I contribute to their, like, fun. Like, they're going to have money, right? I don't have money, but they're going to have money. You're okay with not having money. And it's, I think one of the reasons. that you're able to say that. And one of the reasons why you have the mindset on the student loans and everything that

you've said so far, because your grandma enabled you, then your man's enabled you. You've only ever been enabled. You've never had to actually worry about the consequences of money because someone else has always bailed you out. You've been bailed out three times. I hope for your, I don't want you to get a divorce from a love reason, but I need at some point for someone to not take care of you so you actually finally learn. You need to go through what a lot of 18-year-olds learn, but at 39.

Because this is a joke, more than two decades later. Come on. Oh, and then Apple store $179? The fuck is this? Oh, yeah, I got new AirPods. Oh, thank. Thank goodness. I needed them.

I need them. Yeah, I need them. Okay. Interest charge this month alone was $84. Last year, almost 1,000 hours in interest. It's at 26.7, 4% interest rate. It's a great interest rate, isn't it? Well, what do you think a good interest rate is?

Like three, four, something like that. No, no, I said 26.7.4. But I mean, like, yeah, it could have been, it could have been worse. I've seen people with, like, 30% interest. No, it's just, it's like you, if you don't value the dollar, but it's like, what's going to give you the motivation to get out of this? I mean, I'm motivated now. Like, I'm trying to go and, like, why?

You just made a joke about the interest rate. I mean, like, what do you want me to, like, I can't change this right now. Yeah, but why? Right now I cannot change it. Why it be stupid about it though in the conversation? I mean, like, I can't change it like right this moment. Yeah, but why be stupid about it in the conversation? Do you not know how to answer fucking questions correctly?

I do. Then do it. Try. I don't know. So here's the thing. What generation of inbred are you? So here's the thing. Not going to answer that one either.

With my Apple monthly payment. So Apple was one of the ones that I did not close when I went into debt management. That one and my Roleckribing one. Why? So my debt management said that there was a couple they couldn't work with and Apple was one of them. And I'm like, that's fine. I'll keep that one. And I had somewhat paid it off. And then of course, I needed it for gas and groceries and stuff trying to contribute. And because I try to contribute when I can, but now I've used up all my credit cards and I just can't contribute to the house.

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Join thousands of families who trust Fabric to protect their families. Apply today at Meetfabric.com slash Caleb or click the link in the description below. That's Meetfabric.com slash Caleb, M-E-E-T-Fabric.com slash Caleb. So now I'm on my husband's Amazon account and I like using stuff. What is your car that you have? Is this the one where you talked about the Nissan?

So no, I had a Nissan. I have a Lexus now. You have a fucking Lexus? I do. I have a 22 Lexus. Is it outside? It is. So.

Okay, well, let's take a look because you are spending $764 a month on this. Let's fucking take a look at this thing because this better be the nicest fucking car I've ever seen in my life.

It is. Oh, let's fucking see that, huh? All right. Let's go for a field trip. For $700, for $764 a month, this better be the nicest damn car of everything.

That's an exsatement of the payment for somebody who makes $240. $2,400. But when I got it, I wasn't like I was making good money when I got it. Okay. How much were you making when you got this money? $78,000. I got it when I was in D.C.

And I got it when the car market was doing so well. My other car appreciated $14,000. And so I put that as a down payment. I did. I don't see one nice car. You must not have one. I do. You must not have it.

It's your car. My car, I got it. It was 61. Yes, my car is more expensive. Is that, are we jerking off over car prices? But, like, I love my car. I'm so, like, it's the only car that I ever got without my grandmother's help. Zoom in on the white thing.

It's, like, the only car I've ever got without my grandmother's help or anybody's help. Like, I did it. How the fuck all that your grandma live? She was 91 when she passed away. She had a great life. She did not help you. Grandma did not help you. which you did not set you up.

If that's the first car you've ever bought without someone help and you're in your mid to late 30s, that's a joke. You are an adult. Actually, you know, I honestly thought that maybe you're just being like, maybe I'm a little nervous of the camera.

Maybe it's just, I'm trying to give my thoughts on the past and why I justified it back then. But you're not making any adult decisions in your 30s. You are like mentally in terms of your understanding of money and life progress. An actual child in a 39-year-old's body. Just in terms of your maturity and mentality on that stuff. On that stuff.

Oh, yeah. Like, I mean, my grandmother was amazing. All I had to do was pick up the phone. Amazing, but she did not actually help you. I just had to pick up the phone and tell her, hey, mama, I want a new car. So you got a Lexus SUV. No offense. Even for the nicest brands, let's call it Lamborghini, the SUV still just look like a normal SUV.

So it's just like, what was the point? You could have got a, you could have got a fucking just. Subaru something. I don't know, Toyota. Ew. No, it doesn't matter. It looks the same from the outside to everyone else. It should's a little nicer on the inside, but.

I'll see, you can't afford it. This is. But when I got it, yes, but we sometimes, I don't know if we're all this, but sometimes when our income changes, when our income goes down, when things happen, here and there, we do something called, change our expenses, you know, adjust our budget.

I've got rid of everything. Hey, what's the last time you ever made a budget in your life? Oh, I've never made a budget. I like, I've never had to. Okay. But just you, because of the enablement. Oh my, my, fuck, you're spoiled. It's like, what will this conversation accomplish is kind of what I'm wondering then.

Like, of your net income that's 31, 32, that minimum of the payment is 32% of your net income. That's fucking crazy. Going to a car payment. The money guy rule, money guy rule. money guy rule my boys Brian and Bo over at money guy love their YouTube channel very educational very good uh that's 8% of gross income I'm gross I mean you're probably going down from 32 to what maybe 25 or something but even still you're beyond over plus I doubt well how long was

your term because their rule is three years how long was your term so I did five and then I refinanced it um refinance why didn't you get it when rates were at the bottom so I had a cosigner um to help me out out to get like... Because you can't do anything on your own. You just bragged about how you did that car on your own. Well, I did. Like, I put all the finances.

I had a co-sign because you couldn't get approved for a loan because your finances. I could get approved for a loan. But I wanted a better interest rate. What's your interest right now? 6.3. Okay. It's not like... Yeah.

Look at the straight. Whatever. Okay. But my first car loan I ever had was like 16%. So you owe $32,8,839. $0.72. cents. And how much

did you put down again versus the purchase price? $17,000. The purchase price was 587. Okay, so you're yeah, I mean,

you hit their 25% rule. Our boy, Jake has the value of the car. And I think that, I think that it's actually, like I have equity in it. He's pulling it right now, but when does the term expire again?

Like 29, I think. No offense, it did not look that nice. Neither does mine for what it's worth. I mean, it's just, their SUV.

These SUVs never look. They're never the nice looking car of the brand that is a nice brand. But it's Lexus. What does that mean? It's Lexus. That literally means nothing to me. It means a lot to me, though. Why?

Because, like, it's the first car because after my grandmother died, I almost bought a jag, almost, but I didn't. What would I want you to buy a midlife crisis car? I'm not. I was going to get. That's what the, like, retired kind of. lower middle class guy gets at the end of the cul-vassack as a Jaguar. Like, what are you talking about? Maybe that'll be my next one.

Jack-war? They're not even cool. But I'm happy with my Lexus. I love that car. That's great. You have a Lexus of $40,000 a year. It's crazy. The purchase price of that car was $20,000 more than you make in a year.

Gross. But I got rid of everything that I had when I did debt management. Like I got rid of everything except my car and my purse. Purse? Yeah, I have a Louis. Huh? I have a Louis Vuitton that I bought when I was making good money. So when you make it, so because if I even try to get your income up,

if I try to get your income up, it doesn't even matter because you just spend the money. You have your lifestyle inflate yourself up to the fucking rooftop. So that wouldn't even do anything if we get you to, you have to budget it. Please do a few things with the resources we provide you. Go through our budgeting class for free, actually build it. I would go through it with the husband as well But why not? You get it for free Make them go through it as well

Go take the quizzes, do the education Build up the budget, stick to it Go through the debt class So you can understand this debt The debt management process you went through The good debts to utilize And then eventually go through our investing So you don't fuck up another massive nest egg

The next time you build one up Go through it all, you get it all for free You guys get it for 15% off When you bundle all them together Or if you're part of our simpler budget app Which download your simpler budget app Okay. Download that, build your budget in it.

It automatically pulls from your accounts. It's a simple app. It's what you need, just the basics. How do you budget negative that? How do you budget? Because, like, obviously, I have more going out than I have coming in. Like, how do you budget that? We'll look at the end and see if that's possible.

Sometimes you do need more income depending if you've pushed yourself too far. But use the simpler budget app, okay? Okay. And then sit down with a domain financial advisor. It's the people I use. the people who our audience use, they get a free session, you get a free session, sit down with them. Please utilize our resources. I'm giving you this. I've partnered with them for a reason for you as the guest. Okay? Well, we built the budgeting app, but even so, you get it for free for

lifetime. Also, you never sent us the VIN for your car as we requested in order to get the value of your car. I thought it was on the, um, it's not. I don't know. Notation sent me an email this morning telling me that like I have value in my car. Okay, what did it say it was worth? I had like $4,500 equity, which I mean isn't much, but it's better than being outside down. So I said it was worth like $38,000? Mm-hmm. Okay.

Good. Which, I mean, that's about right. I agree. You're going to sell it. No, I'm not. Then this conversation's done. I mean. No, no, no.

If you're not willing to do the most basic thing, this is as much as your income. This conversation is done. But it's not. Here's the thing. No, no, no, no. You know, you don't understand what I'm saying. I do understand. No.

If you're not willing to do that, there is no point of continuing this conversation. There is. Here's the thing. What does your husband think about this car? So my husband tried to get me to sell it last year. Then there is no point of continuing this. We haven't filmed this long enough to make this an episode, but there is no point of continuing this. Do you not understand that?

So here's the thing. No, you don't. Why are you not able to talk? Because if I, let's say I sell it, right? Please be willing to sell this. Please be willing to sell this. to sell this. If you don't, if you don't, I can't continue that. I will not allow myself to continue this conversation if you are not open to the idea of selling this and getting rid of what

I think is your largest debt. You have to. You have to because you'll have four thousand hours of equity. You're going to sell it very good. You take that four thousand dollars. Maybe we borrow six thousand. You get a ten thousand hour car. Yes. Oh, your class is bitch. And then all of a sudden, you pay that off as quick as you can. And then we save up, we save up, we save up after we have a six month of the Mergit Fund and we're contributing to retirement to try to get us to a place where you have the chance to retire when you're able to take from the taxable retirement funds in 20 years without any penalties.

And we save beyond that. We cut back some from some fun. And you get yourself a newer, nicer Lexus, which we can get you to if you follow our fucking plan. I am not willing to continue this conversation if you're not willing to sell the car. I'll message. So I have to talk to my debt management program because like I can't do, I can't open like any credit stuff. Oh, because.

Okay. So that's been the problem. Yeah. What we would have to do in that context then? If that's like the last debt to pay off, we'd have to save up like $6,000, sell the card, then roll that $6,000 we saved up and the $4,000 equity position into a $10,000 cash car. There's honestly even better if we're able to do that. Okay. Are you open to that?

Yes. Okay. Then I'm willing to continue the conversation. conversation. So this is a Bank of America, Royal Caribbean card? Oh yeah. We, we cruise. Cool. Why doesn't the guy with money pay for it? Oh, he does. I just got approved for the credit card with them. Why if he's paying for it? Because here's the thing. I kept getting approved for credit cards, right? After he paid off all the debt, I kept getting approved for credit cards. And it just felt so good to keep getting approved. So I just kept applying and kept applying and kept applying and kept applying.

And here we go. Come on. You are a child. You are a child. You are a child. You're fucking You're an infant. You do not have the... And we're going on a Virgin cruise because that's what I got my husband for Christmas in August. You got him that. How much does that cost?

So I only had to pay the deposit and the deposit was like $500. And I put that on the firm. But if you spend $2,000 more than you make... I put it on a firm. Oh, gosh. Oh, I don't have the... Because I'm fat.

The energy to... You're so lucky there have been people in your life where we're willing to baby you. I'm not willing to do that. I'm willing to give you resources that make you go into work and that you have to work for to benefit from. But I did everything. Like growing up, my grandparents told me, go to school, get your degree, and you will be fine. Get your degree.

They didn't say get a degree that will actually return on its value? No. Okay, then go and dig them up and slap them. I miss my grandmother. I bet. I love mine like crazy. I get it. I get it.

She sounds great. She sounds enabling, but not in a, not in an intentionally bad way. Oh, she was always like, she was always there for me. Like 100% she was more like my mom. In ways that have hurt you. Yes.

Not again intentionally to hurt you. She was doing what she thought was best. It was bad. So what's the 523 out on this? 546, sorry. 546 49. Gas, groceries, and... A royal fucking Caribbean card.

You have applied for the world. Caribbean card, bought a virgin thing on fucking stupid after pay, whatever. A firm is great. Firm. Because it's so easy. Why do you like that so much if you've had to go through various forgiveness methods over the past three, three, now looking at four over five years. Plus draining. Okay.

Draining a nest egg. Why do you like debt so much? Because it has clearly put you in situations where you've had to beg. Beg on your knees like a fucking dog. Not exactly. I mean, I've just had people who were just there and they just willingly help. Yeah, but they learned about it somehow. You ever feel like you're just burning money on car insurance?

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By fees, click the link in the description to check out money.com and compare car insurance options. Stop paying more than you have to. It's super easy and you could bump up your monthly savings rate. That's a win-win. This is a paid endorsement sponsored by money.com, which is compensated by its marketing partners. I mean, yeah, like I tell my husband, hey, you know, I'm in trouble with my bank and I need money. I need money so you're asking for money. Do you not understand that you?

But my husband has it. Like, he makes great money. You have a disgusting, I'm sure you're a very nice person outside of the world. It's just this financial conversation in general. But you have a disgusting attitude and mindset towards debt. You're addicted to debt. You are confused about debt. You don't understand the value of a dollar.

You just get enabled on every single turn. Listen, on here, you purchase $46. So you're purchasing more money than you put towards it. It's a $35 minimum payment, but you purchase $46.25. And then $11.34 of interest accrued. How long does this take to pay off if you? just do your minimum payment with no other purchases, no other purchases.

Probably, I'm guessing probably a year I was thinking. 19 months. So I wasn't too far. 19 months for $546 without purchasing and you can't not purchase. With the fucking Target and got donuts and cosmetics and peach wave frozen yogurt. Trust me. Oh yeah.

That's not cutting the cows that much. We love Shipley's. What was the point of the weight loss surgery? Make Mother's Day even more special at Whole Foods Market. Kick off brunch or dinner with quality cheese and charcutory with no synthetic nitrates. Then go seafood. There's an abundance on sale at Whole Foods Market, where it's all sustainable while caught are responsibly farmed. At the bakery, grab seasonal treats like their strawberry pretzel cream pie,

and you can't go wrong with a ready-to-heathe Kish Lorraine, deviled eggs, and fresh-cut fruits to go. Celebrate Mom with Whole Foods Market. fucking shiplies. So. Endlessly. Not one time. No, yeah. It is endlessly. So, um... What is the point? Yeah, this far out from weight loss.

Hundreds of dollars of interest. So... Wait, what, what? You lost 100. What have you gained? I've gained like 25 back. And my doctor has me on Wagovi. And I was having to pay for that out of pocket in Virginia. But now insurance is covering it. So I don't have to pay anything for it. You're woven it up? That's okay. But again, unless you treat it like the way you got through the debt, fucking management.

Listen, those can be again, a good tool, but the people who do not fix their behavior, fix their eating habits, the moment you're done taking it or you just get used to your different levels, you're going to still gain weight. Which is kind of like what's happened, but you know, like I'm getting there. You're you're someone who does not, who will never change in life. You don't care enough. I do care. No, not enough. Not enough. No, come on.

You know budgeting. You know budgeting. would help, yet you have never made a budget. How do you budget when you have more going out than you do come in? You don't know where it's going because you haven't made a budget. Okay, well then I need to know how to make a budget then. Okay, fine, let's do that. You could have.

But at the end of the day, like, I've been doing the best I can with what I have. No, no. Not even a single fucking chance you've been doing the best you can. You don't know what the best you can even is. Don't even use that phrase. Shut the fuck up. you just don't get it. Like, you just don't get it.

Like, what would you do if you were making $20 an hour? Like, what would you do? Like, how would you feel? How would you feel? Yeah, how would you feel if he busted your ass to get a master's degree, only to come out making $20 an hour? Well, that would be in a... Because, like, here's the thing. Like, I'm doing everything I can to, like, keep my head above water, right?

I mean, $7.25 an hour for the longest time? I did too. So what you mean? I don't know what it feels like. I did that for years. What are you talking about? Of course I know that. It just, it sucks.

And like, I'm here because, like, I don't know. Throw you that at me. What are you projecting on? Of course, I know what it's like. I did that. It sucks. No, I didn't get a master's degree, but I was actually like 40% of Americans who dropped out of college and still had $40,000 for it in debt.

Like, what are you talking about? I'd say that's even worse. You had a better opportunity. So shut the fuck up. But it's really not. It's not a competition. I'm in six-figure debt for a master's degree that is not paying off. Yeah, but you could at least utilize degree to try to get a job.

It doesn't have to be necessarily in your industry. doesn't make it easier, yes. But during the great job market of COVID, you could have almost got any job you want, as long as you could demonstrate relative skills. Which is how I got my like hospital job. And I love that job. I love that job. And you know, I had just gotten my Virginia temporary license when we had to move.

Like, I got it. Oh, this Hilton honors card is insane. Oh, yeah. I don't need another fucking story. This Hilton honors card's insane. So part of that is my husband's fault. Part of that. What, the guy with the money?

How would it be his fault? Tell me. when he bought the house, of course he bought a brand new house and it didn't have, you wash or dryer refrigerator. And of course, when you're buying a house, you can't, you know, put anything on credit. You can't do anything. So, we, while you're through the process of the loan getting approved, you mean? Yes. So we went to Home Depot. For a year? Yep. We're done. Yep. And that's not even, you see, you see the interest rate and you see like how much interest is being charged.

So you what why? Okay, so he wanted to get what again? We got, we got a washer, dryer, and refrigerator. But he was going to do it and he was going to put it on his credit, but he couldn't because he was in the process. So, cool. So why didn't he give you the fucking money then to pay this off? So the deal was, I was like, you know what? I want to contribute.

Let me pay half. So we put it on my credit card. And he, he gave me his part and I paid the $2,000 toward the card. And then, of course, I can't pay my part, right? Because, like, I don't have it. so that's where we are. What? That's where we are? Wait, did I miss something? You paid your 2000. Who owes the 12,447? That's me. I owe it.

So what? What was it? So, oh, and I want to also let you know that. On that card, I had a friend that needed help getting a car. So I put a $2,000 down payment on her car for her to help her out. And she said she's going to pay me back. Like, we've been friends for over 10 years. When was that? August of 20, 23. Three? Three? Yes. You're not getting your money back. I mean, she sent me like a hundred dollars. Oh! And you didn't just give someone money. You fucking took out a loan on her behalf. Oh, this card last year alone accrued $3,200 to fucking entrance.

Somehow you actually made the monthly payment, but $310 of interest accrued. $310 of interest accrued. For fuck sake, this is insane. But I'm getting a lot of Hilton honors points, and I get to stay at Hilton property. What do you mean Hilton honors points? You're not making any purchases. So all the purchases that I have made, I have like 151,000 Hilton honors points. What does that convert to in a dollar amount?

I don't know because I think it's like one and a half points per. And like when I was making good money, I like use that card all the time and paid it off. 40,000, 455 points. I was like doing great. I was doing great. What does that equal in like dollar amounts? A point and a half a lot. But yeah, so we came a couple weeks ago to Austin and we spent the night in one of the Hilton properties for free because of all my points.

And we're going to Boston in April. Yeah, but you spend more than that when you go on travel. You're eating. You're doing shit. My husband pays for all that. You better. what about the flight? My husband pays for all that.

Good. That's the only way I will allow you to do that. However, you should spend the time working instead. My husband pays. My husband pays everything. Like, I literally can't. That's objectively not true. We've looked at this. He pays like,

I've seen your spending. He pays, like when my account bounces, he covers electricity, water. We just got a puppy. He paid for the puppy. He paid for vet bills. Like, in part on that American Express card. That one in care credit and credit one. Oh, fuck.

What? I had to put vet bills on there because my dog, my old dog got really sick. Why didn't you have pet insurance like a responsible pet parent? I've heard bad things about pet insurance. So that's why I didn't do it. People are saying that, Hey, I think I heard things about you just had to put your pet stuff on a credit card. So I think pet insurance would have been better.

Maybe. Okay. By the way, each point. One Hilton honors point is worth. 0.006 cents. You said it was worth a dollar and 50 cents each point. You're fucking like not only entitled, you're a little stupid on you don't understand your finances. Not stupid in the world, but stupid in finances.

I mean, I've done the math. You have $243 in points. That's what you got from all that. It accrues $500 a month in interest a month. You got $240 in points one time. But that's $240 that, like, I get to go stay somewhere. No, no, no. You're losing double that on a monthly basis.

That could be going to staying somewhere twice. I like to try. Shut the-in-law. This must be the consolidation loan. Yes, that's all my debt management. And they did help me with a lot of the interest rates on a lot of them, as you can see. But it says current APR is 25%,

so that's your good interest rates? On the next to that, the DMP APR, like it shows you like what they got it down to. Your current payment's $1,000 a month? You're done. You're done. Bankruptcy.

My debt management, oh, I almost filed bankruptcy. I tried to a few months ago. It doesn't matter because what happened, hey, what happened? Why did you have to, you got your debt paid off once by taking from the retirement?

Why did you have to pay it off? pay off debt a second time after that. Because I didn't learn my list in the first time. There you fucking go. So if you have to do this the fourth time, if you declare bankruptcy right now, you're going to be in bankruptcy in two years. That is your trend.

You actually answered an answer correctly for the very first time. And if you're able to acknowledge that, no, you don't get debt forgiven. You don't do this. You don't do things until you are able to actually change your behavior. Because if you get to a point where you're actually getting help, but you don't change your behavior, you end up here for the fifth fucking time.

No, I think this time is going to be different. So what's different? Huh? Tell me with words and logic. So because I'm making my debt management payments, they'll be done in a few years. And these next few years is when I'm getting my life together. Mid-40s, zero dollars in retirement. What a joke.

Life together in our 40s. What a fucking joke. I'm going to have some retirement. No, it's a joke. It's a joke. It's a joke. I'm going to have some retirement, though. How?

I mean. You're saying things, but you're not able to back them up with anything. So my long-term goal is once I get out of law school Oh, that's right, that's right, hundreds of thousands of dollars in different law school Because I mean, that's why I'm trying to get really good on the LSAT Because that means I can get scholarships, so law school won't be so much Because you know law school's like super expensive I know law school's like super expensive

Like 15 to $30,000 per semester Uh-huh And I sure don't have that kind of money laying around You don't have Choice hotels get you more of what you value Comfort in It's calling your name Save on the stay

Oh And free waffles are yours to claim Book direct at Storieshiltails.com Any money, Lena I don't. I have negative money rolling around

So that's kind of where we are. What you could fix, but you're not. I'm going to fix it. I'm going to. Everything is going to, gunna, gunning. Your entire life has been gunna, but you've never gunned.

You've never gunned. Meaning now you were going to when you were 20, you said I'm gonna. And then when you're 25, you said I'm gonna. When you're 30, said I'm gonna, 35, gonna. You're almost 40 and you haven't gone to once. Because I'm too busy. Like, I do a lot of things for other people, right?

You work 40 hours a week. Shut the fuck up, busy. So on one of those credit cards. You don't have any kids? Shut the fuck up, Izzy. One of those credit cards, I bought my mom a $3,000 scooter. Because we were getting ready for our Disney wedding. And-

You're a fucking Disney wedding. That can't be cheap. It actually was What's cheap? You don't know the value of a dollar So we did I just sounded like beetle juice What? We did a Disney cruise wedding And the package was only like

$4,500 For the whole thing For just the wedding package And then our cruise fare Was I'm like $2,500 I think But then you have to get things like He had to get suits And you had a custom made suit

And what did you You must have a custom wedding dress to go with it? So I didn't have a custom dress But I did have a custom dress but I did have a couture $10,000 wedding dress. And then we took pictures at Disney when we got back and that was $3,000. But my husband paid for that.

I didn't pay for that. And the dress? So I paid for my dress. How? How? How? How? How?

With what money? How? What money? How? So when we were in D.C., this is when I was making good money. That's how I was able to afford the dress. The original... No, no, no, no, no.

You don't get a $10,000 just dress one part of the... multi-thousand-hour wedding, good value wedding. You don't get to do that with $75,000 a year. You don't know. It's because you pulled for a retirement fund. It's because you pulled for the fucking nest thing that was given to you from, was it grandma-ma? Is grandma the one that gave us the money?

That she gave your mom money? Mm-hmm. Okay, then why the fuck do you have to buy your mom a little scooter mobile? Because my mom apparently didn't have any money left. You both, you both are the same. I didn't have an audit with her. You do. How old she?

Generational incest. What? She's like 63. Is she morbidly obese? Mm-hmm. So that's why she's... She can't... She's got a lot of health problems.

Which is what happens if we get morbidly obese in our 60s. She's headed to your 40s. She's got knee problems. She's got asthma. Which is what happens when you're morbidly obese? She's got all kinds of problems. Which is what happens when you're morbidly obese. So, and because her scooter broke like the weekend, two weekends for our wedding.

Probably because she's morbidly obese. And yeah, so I bought her a scooter. and she was going to pay me back and she didn't. Oh, that hasn't happened ever in your entire fucking life. Oh. I just threw my thing, my only thing helping me through this episode. It was great because, like, we had our great wedding and the pictures were great. Where's the debt for that $10,000?

So you had to have taken out. You either took out death for the wedding dress or you paid for any cash and then all the other things that you normally buy with cash. You put it on debt. So I didn't. So basically, they had... Went on debt somewhere in some way. I didn't, though, because when I was in D.C., this is when I was making great money. You weren't making great money for D.C.

I, so I didn't have to pay for it all at once. I had to put a deposit down. And then I just made payments. Like, every time I got paid... That is a debt, you shit. But I didn't put it on a credit card. That is still debt. What, you think credit card's the only debt?

But I didn't go into debt. You just, we just defined it. Yes, you did. But I didn't put it on. on a credit card. There are more debts out there than a credit card. I disagree, but okay. But debt to me is just on a credit card, right?

But that's not true. That's just one of those endless things in this conversation that I need you to change your mind of it. Why come on the money show, the money show, where we talk about this and I say something's a debt and you say that's not true. So I guess for the longest time, I've kind of been in denial. No fucking shit. And I really do want to change.

I just don't know how. Maybe start with listen to me. Okay. Someone who's done it and has helped many thousands do it. But my wedding dress was so pretty. I get it. These are the sacrifices we make. We do the sacrifice game when we're getting out of debt.

We give up some of the things that we want. Not saying you can't have the wedding, but maybe we're not getting in a $10,000 dress in the wedding. Listen. And that was the second wedding dress I bought too. I had a dress. When we eloped in Vegas, I had a dress for that too. You were already married? Mm-hmm.

We eloped before he went to Tampa. And yeah, you guys really aren't married anyway, so maybe we need to have a third one. $2,352 owed on this card with a $80.96 cent minimum monthly payment. You have to be receptive to this stuff for me to continue. Are you receptive? Yes. Promise? 100%.

$2,352.93 cents. Oh, it's American Airlines Advantage? Gosh. Don't say any words. I really don't fly with them. I fly with Southwest, mainly. Well, I'm glad we have $2,352 and $93. That were giving them $80.96 in minimum fee

for a fucking one we don't use. Four of fees. We had fees. $90 fee. It must be a plan fee. And then $403 of interest. crude last year. Capital One quicks over.

Oh yeah. I have that credit card. It's that empty for a long time. Your stomach's yelling at me. Is it? It keeps going. Are you okay? Yeah.

Are you about the Ria all over the fucking... No. $701.56 of the $25. The $25.7 purchase. $17.17 of interest. Target. What is happening to you? You are seriously dying.

I don't think the mic's picking this up, but are you transitioning into a creature? No. Are you about to, did you take the substance before this? No. Are you becoming your greater and better self in front of my eyes? I think so. Okay. $134.

Here's Credit one. Credit one fucking sucks. You know you're in the bottom of the barrel. That's, that's how. I've had that card since 2015. Oh, yeah, by the way. It's like a long time. Fun fact, close all your accounts right now.

Boom, there it is. Got it. Instruction number one. You said you wanted help? There's your help. Okay. Okay. You got it?

I got it. Okay. It's almost maxed out. I don't know. $100 of interest. You can't have to be. No, I'm not surprised by anything. Listen to your language.

Listen to how your behavior. Listen. If you're going to use your credit card, you can use a debit card called the FIS card in our resources section. Just like everything else, it's a debit card, but it builds credit and you still get the rewards. But you can only spend what is in your checking a card. count okay but i like the buy now pay later i know you do it has not worked out your stomach

is still making sounds raman james what is this hundred wait what is this hundred ninety nine thousand that was that was my um oh this is what it was look what it could have been no no no no no no it was the positive two hundred twenty six thousand you had fifty thousand more than you even told me you blew through a quarter million dollars you blew through a quarter million dollars you blue through a quarter million dollars. This would change everybody's life. You have to get to like a hundred millionaire status for a quarter million dollars, not to matter at that point.

This would change everyone's life from the producer's life to your life to the person on the street to my life. And I've been blessed enough to be pretty darn successful. A quarter million dollars is life changing. You can do so much with that. You know how much I could grow this business for a quarter million dollars is hidden right now? I was supposed to get more. I'm glad you didn't because it would be gone.

You're a spoiled brat. I think I would have kept it. What? How can you say that? You went through a quarter million. You're so defensive for no reason. You're so defensive. There's no suggestion.

There's no suggestion that. You okay over there? We have to do law school? Because again, there's no point. If we make a plan, it doesn't make sense. You're going to law school. That'll be a full-time job making $0 and going to debt.

No, law school. doing part time and it's online. So what is that going to take of 10 years? It takes four instead of three. How part time is that really then? So you do classes Monday, Wednesday, Friday? So how are you going to be able to work? So my job, I work 5 a.m.

You hate your job. I do, but I'm going to have to hold on to it. Like that's why I'm having to stick it out. It's like I literally don't have any other choice. No, you really don't. You really don't. You really don't. Maybe you should get an accounting certification through course careers.

There are boys that you can put on resumes. Just, yeah, and more resources. I just want to give you access to everything. But at least it'll teach you how to fucking make accounts. Just go through a budget program. That'll be good. I actually, never mind. You're doing law school.

You don't need that. Maybe we'll gift one to the audience. I did not expect this. I just didn't, I didn't know what to expect. I really thought this conversation was basically, like we've hit the bottom of the barrel. There's no way. You ended with negative $587 in your checking account. This is a joke.

You are 39, but you're acting like you're 13. But it's going to get better. It's going to get better. Like, it's going to change like today. Jake, for a second. I'd like you to grab her slider and take it to zero, if you would be so kind. You're participating in this conversation is no longer required. Shut the fuck up.

But you're not being picked up right now. You have no audio. You're muted. You're done. But it's not even fair. You're not being picked up right now. You're not even being picked up right now. Not even fair.

You blew through a quarter million dollars. There's no fair. Let me. I want to help you. You keep saying you want help, but then you hit me with just the most childish, immature thing. You're door dashing.

You're fucking rushing. You're in Apple Cash. Apple Cash. PayPal. Dutch Bros. Pizza Hut. Series XM. Series X. We're not in the fucking 2005.

What are you doing? PayPal? Starbucks, you're not being picked up. You're not a part of this conversation. You're not being picked up. They can only hear me. Alta, Legion, the PayPal, PayPal, PayPal, PayPal, PayPal, Mama Margis.

Oh, there's an overdraft of $35. Shut the fuck up, lady. Bath and Body Works. Wisely, idiot. You're not being picked up. No one can hear. You can tell me whatever you want. No one will hear it.

PayPal, Pizza Hut, Netflix, Discovery, overdraft fee, overdraft fee, overdraft free for this month. so far. Disney, Disney, Disney mob? What the fuck is a Disney mob? PayPal? They still can't hear you, so I don't give a overdraft fee, overdraft fee, overdraft fee, overdraft fee. So what do we have? Four, five, six, seven, seven over draft fees in one month. I, I, I, oh, seven hundred and seventy dollars of overdraft fees this year so far. There's, I, I, I, I, I, I, I, I, you can, you can bring her up, you can turn, you can turn, you can turn, you can sure. Oh, well, maybe I shouldn't a lot of them. But you don't even, like,

I'm doing the best I can with what I have now, right? Like, I can't go back. You're objectively not with your health or your finances or anything. So that's just, I don't mean it to bring it back to that, but it's just another example of our lives. I'm not doing the best I can on the health, but I'm acknowledging that. And I'm willing to acknowledge that.

But I'm doing the best I can in my finances and I have, and I fix my life. If I don't acknowledge things, if you're just living in delusion, you're never going to get anywhere. Listen, if I build a budget, it doesn't matter. you're going to go to law school and the law school is going to cost one

than anything. We can't build you a budget. There's nothing to be done here. And they hate it when I don't build a budget. And so do I. But it's just like you spend $2,000. We can build a budget. We can build a budget.

There's not a point. I still have money coming in. I still have money coming in. Like I'm still going to have my job. Okay. Well, let's attempt with that. And let's not forget that I'm going to have student loans coming back too. Huh?

I'm going to have student loans coming back from. Back? Yeah. Because like in in my grad school, I took out the max I could every semester so I can have like money coming back so I can let's film the post show that's that I can't I can't deal with that logic sit down with the resources we gave you maybe they can get across from you in a different way I've actually tried to be more chill in this and just like give it to you because usually sometimes I think people need the wake-up call so I go intense but you're just you're lost

your mindset on this is so broken and you thought this show would fix you by it being a number problem it's not you've your maturity levels your view on this is so out of whack that it is done is done. And this is your fucking neighbor, co-worker, everyone's apparently psychologist too. This is your fucking, listen. I'm going to be a lawyer. It's okay. I'm going to be a lawyer. I hope so. I hope so. And then I can come help you one day.

Yes, you might be good at your job. You are bad at finances and you are not willing to listen. And you're being unproductive. You're not. You're simply not. Your worldview and everything is wrong. Your worldview and everything is wrong. Stop it. Stop it. Stop it. Hammer Financial Score, um, um, um, um, and if you want our, come join us in the post show.

We'll at least have a more good time there. I'll get out of the bad mood because we can just have more fun. But usually we, we learn about something crazy that Lindsay knows that I don't know because Lindsay knows everything about their lives and, uh, join the elite for more value. There's a call-in show where you can call in and you can talk to me and get my take on your situation, whatever it is. If it's life, if it's drama, if it's, you know, if it's finances, join elite. seeing the financial auto post show

my name's Caleb how are you she's been bailed out bailed out bailed out your car payment fell through and I'm thinking my mom I just sent you $500 yesterday her car payment fell through today

she got a cosigned or her X when she was married with you she brought her X to cosign this is f*** insane what the f*** to watch the financial audit post show

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