Financial Audit - $426,000+ A Year On Pokémon | Financial Audit

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Starting point is 00:01:07 What I'm trying to say is that we're trying to take the steps to get to. We want to buy a house. You haven't. Shut the fuck up for a second. I want to understand why you think. I'm explaining it right now. If I'm explaining that you will listen and you will hear the answer that you'll desire. Is there a way to communicate with him?

Starting point is 00:01:21 I just tune him out sometimes. Like, I'm confused on how he's confused. We have two different communication styles. It's notious and delusional. But you're looking at one month after having 37 years of habits build up. You're right. You're right. And I see the results. I see the results of that. It's more than a quarter million dollars in debt. Why don't you tell me it was that much?

Starting point is 00:01:43 Get your Hammer Financial score at Calebhammer.com and see where you stand in the world of finances today. Hey, I'm Tim. I'm 37 years old. I'm Mary. I'm 37 years old. And this is financial audit. Tim, coming in excited. Okay. What do you do for a living here in Austin? I mean, I make money. I work in the software engineering field. So I've done that for the last like 10 years or so.

Starting point is 00:02:06 Yeah, we do that here in Austin. Not necessarily the best market right now. So I really hope you don't get laid off. What do you make in? Right now I make about $250,000. And that's including an annual bonus. That is a house. Yeah.

Starting point is 00:02:20 That is chunky. Yeah. It's nice. I mean, I've worked a long time to get there. But, you know, I thought I'd come in so that we can have an opportunity for you to actually look at people with finances instead of just people that have a job. So we actually, we actually. know what we're doing. People with finances? Yeah, yeah, yeah, when you're just like doing a side hassle.

Starting point is 00:02:37 Well, you're just having a side hustle all the time. You think everyone just has a side hustle on the show? Yeah, I mean, everyone's like, you know, doing DoorDash or working out of like the delivery window or something like that. Maybe like one out of every eight episodes. I guess the ones that just come across that become interesting are the ones that have the... So you're not interesting. Oh, we're about to find out, right?

Starting point is 00:02:56 That's the whole point. Okay. So someone with actual finances, that's curious. Okay. $215,000. That's great. Huh? 50.

Starting point is 00:03:06 Yeah. Okay. I thought I said 15. Oh, no. And Mary, what do you do? Eric and Market Research. I bring in after bonuses and everything, I bring in like $85,000 a year. Also great.

Starting point is 00:03:17 Just that alone would be great, but with this $250. So, I mean, we're killing it. What hits our account on a monthly basis on average across everything? Are we combined account? Combined account. Yeah. Okay. There's finances, ladies and gentlemen.

Starting point is 00:03:30 It's a combined account. I'm glad you recognized that. Yeah. What is the account? I don't know. What hits the account on a monthly basis? Yeah. Yeah, we hit the account.

Starting point is 00:03:39 Roughly $18,000 a month. Why doesn't she know? I just don't do the math. I'm more financially focused in numbers. Not financially focused. We're both equally invested in budgeting, but I'm more numbers focused. Like, I'll keep track in the numbers more closely than she is.

Starting point is 00:03:56 Invest in budgeting, but she doesn't know the numbers around the budgeting? Our budget skills are in development. We only recently invested in a budgeting app in the last two months or so and so we're trying to stick to that and be more. And you were doing before? A little like finger to the air, you know, keeping track of it.

Starting point is 00:04:12 Mostly in my mental financial spreadsheet, I guess you could say. Well, how'd that work out? Because I don't know if we're in it. Who knows if we were able to put it together? But two days in a row now, I've had fat stacks. And this is fatter than the last one.

Starting point is 00:04:29 This is going to take us an eternity to get through. Finger to the air. Oh, yeah. have actual finances? This is crazy, man. That's just a number of accounts. Listen to that. That booms the room.

Starting point is 00:04:39 You hear that? I'm glad you brought you a toy to play with today. We brought you a toy. So you could actually have a good time. You brought me a toy. Yes. Better than that little boo-boo behind you. Uh-huh.

Starting point is 00:04:51 Yeah. Okay. Sure. So what were you guys doing before this? I mean, you said finger the air, yeah. But what did life look like before this? Oh, we got a budgeting app. Which, by the way, I mean, I'm going to see the month that you had a budgeting app,

Starting point is 00:05:08 i.e. the last month, so month number two of having a budgeting app, shocker, didn't go well. But what were you doing before the budgeting app? I think just trying to tally everything up like in our head. We're not really, I don't know, I like spend something. What did life look like? I mean, the same as it kind of does now. Like, we go out to eat several times a week.

Starting point is 00:05:28 We go to the movies, at least every other week. We have our hobbies. We have our dogs. That's not going to the movies. movie every other week and going out to eat every once in a while for an income as strong as y'alls isn't even close to concerning by any means that wouldn't lead us to this i mean we like nice things we like nice restaurants we like to travel what is out to eat spending two thousand dollars every few days no i mean every we probably spend we spend you know two hundred dollars or so a week on on eating out

Starting point is 00:05:57 which would not make or break your budget by any means i'm still concerned we didn't always make this much money we always we met later you've been making this much money. Five years for me. Yeah. And you? Over 100K for the last five years. Five or six years.

Starting point is 00:06:15 What the fuck you're talking about? So you guys have been double, triple the median household income for minimum five years. We had a lot of debt coming into our current jobs that we have now. Yeah. But that's over five years ago. Yeah. But it took us 10 years to build up that debt ahead of that time. Yeah.

Starting point is 00:06:32 A lot of the situation is most. mortgaging our 30s to pay for our 20s is how I would describe it. We both went into a lot of debt, had a lot of fun before we met each other. And then now that we are in our 30s and actually meeting the earning potential that we plan to have. Which is why we spent 27,000 hours last month when we brought in 15? Yes. Yeah. Yes.

Starting point is 00:06:53 Because we got married. We were only bad before. And we're doing great now. Second month into having a budget nap. Guys, it was all 10 years ago, which is why we spent $10,000 more. than came in last month? What the fuck are you possibly talking about? It was a special occasion we got married.

Starting point is 00:07:09 We recently got married, yeah. Recently when? June. A couple months ago. Last month didn't include, that's not in that $27,000. Okay, yeah, I'm not seeing this marriage. It'll come up. I mean, the state of Texas knows about it if we need to go get a certificate for you.

Starting point is 00:07:24 No, I'm saying in the finances, I don't know, maybe. We did save, so we got engaged and we waited like almost three years. But last month, those costs weren't in August. Last month, our costs would have been related to paying off debt, been paying for our dogs. We spent a lot on taking care of our dogs. We spent a lot on going out. We spent a lot on entertainment, restaurant, spars,

Starting point is 00:07:46 just enjoying our lifestyle. Guys, you bring in net. Well, 18, which is, so this was just about that. Again, I had 15.5, so it was a little less. But this doesn't make any sense why you spend 27. I think that's part of the reason that we need a, A budgeting app to keep track of it all. Cool.

Starting point is 00:08:07 This was the second month into a budgeting app. What did you find? We spent about, the budgeting app told us that we spent about $2,500 over our flexible budget. So like. What do you consider your flexible budget? Discretionary accounts. Yeah, what number? I don't know.

Starting point is 00:08:25 I've got to pull it up my phone. I think it's like $4,500 or so. So $45. Well, it's okay. I don't need an exact number, but $45. Yeah. Is you're considered flexible budget? Yeah.

Starting point is 00:08:34 Well, we know you've spent well beyond. also fucking bad debt alone is $161,000. That's correct. 161 bad debt. That's bad, bad, bad debt. And then there's a lot of... No, fuck way. No, you guys are $269,180.

Starting point is 00:08:51 And not a single one of those is a mortgage. Correct. Yeah. We do want to buy a house like in the next two years. Okay. So, I mean, what the fuck is this? This is lifestyle inflation to the core. You guys are making well-beatsy.

Starting point is 00:09:06 beyond what anyone in their wildest dreams makes. And yet you're living like you make double somehow. Like this makes no sense. You guys make what, 350? Uh, roughly three, 350. But you're living like you make five. Yeah. We like nice things.

Starting point is 00:09:21 We like enjoying ourselves. We worked hard to get to where we are. And I know that other people say that. You worked 350,000 hours hard, not 500. Well, I mean, a little, you gotta live life a little. We enjoy ourselves. Put the life back in a living. We do set a sense.

Starting point is 00:09:36 A lot of that, I don't know. I'm curious to see what that 27,000 actually goes towards debt when it comes to spending. Because we do pay a decent amount towards our debt that we had before getting into our situation. Maybe. I don't know. That's not what I... Dude, you guys have literally more than a quarter million dollars in debt. None of it's really good.

Starting point is 00:09:55 A hundred of its student loans, which has provided a return on investment, sure. And then there's some 0% cards. What do you mean? It took me 10 years to get an undergraduate degree, but nothing... No. Nobody's autistic, though. Yeah. Well, aren't we all?

Starting point is 00:10:09 It's a spectrum, right? You can't argue about it. I've seen you. A little, a little on the spectrum. My point being, though, is that the 10 years that it took me, I jump between a couple different things. I started studying music, went to accounting, went to mathematics. But none of those apply to my actual job these days.

Starting point is 00:10:29 All I do is that I actually, I taught myself how to code and got into software. So my education that I got wasn't necessary for the skills and the job that I do now. Well, it's most of that 100 you? I'm sorry? Most of the 100 student loans? Half of it is mine. Yeah. We each have about $50,000 in federal student loans.

Starting point is 00:10:45 Well, you're still paid off, though. I have like $4,000 left on a state loan and then... But yours paid off. I'm saying what you borrowed for your income that you're getting has paid off. It was a good return on investment. Yes. I think so. Yeah.

Starting point is 00:10:59 No, objectively. Yeah. I mean, you guys make an incredible income again, which is crazy. Why... why every time I swear I swear in this country specifically it's like I mean there's a big part of our culture like people are going to be envious of your financial situation they're going to you know almost be upset that you make this much money honestly don't even be upset I swear people every time I meet people that make a ton of money they're in worse financial

Starting point is 00:11:27 situations than those who are broke I mean we could because you guys have this we could get out of it I feel like in less than a year It takes time to get out of it. Sure. And five years of making an incredibly strong income three times the average median, the median household income in the United States. So why haven't we? Because most of that time we spent, like most of our discretionary income was spent saving

Starting point is 00:11:47 for a wedding to be able to pay for our wedding. How much was your wedding? $70,000. Why? Again, you guys are living a $500,000, maybe $750,000 lifestyle. It was beautiful. Okay. It was beautiful.

Starting point is 00:12:01 It was the happiest day of my life and I don't regret it. And I will fight you on that. Caleb. Yeah. We had a $50,000 budget for the wedding. And we ended up paying a little bit more than that. Yeah. Yeah.

Starting point is 00:12:11 25% more, right? Or 50% more. Yeah. I think so, yeah. Yeah, I'd say that, yeah. Roughly in that time frame or that. It was great. Pay range.

Starting point is 00:12:20 What the fuck cost $75,000? Magic, my friend. Magic. Okay, let's give an example. There were, well, there were three different parties. Because I'm Mexican and, you know, in Mexico, you have like a three-day-long celebration. Well, I mean, you're in America. Yeah, well.

Starting point is 00:12:35 Fun fact with that one, but... We may have traveled. The wedding was in Mexico. Yeah, it was cheaper. Yeah, you saved so much. We did. We had it. For what we got.

Starting point is 00:12:46 Yeah, what it would have cost? If you went insane in America, sure. Dude, this makes no sense. This makes no sense. I mean, we wanted to have the wedding of our dreams. We wanted to have the exact party that we wanted to have. And we're in... You're completely financially...

Starting point is 00:13:01 Yeah, that's why we're trying to fix that point. Yeah. You could have been... fixing it for so long. You're saying you're saved up to $75,000 over five years? I don't think we're... We saved up for about $50,000 over five years. Okay, good. If you're... You can get out of a quarter million dollars a debt, in fact, more in two years when you saved up $50,000 in five years? If we really, like, come down. The math isn't working. Our big dream day, you couldn't

Starting point is 00:13:24 buckle down and really figure that out and work hard. It's not that we couldn't. It's just we chose to have the party that we wanted to have. And that's what we're... No, no, no, no, no. We mostly paid off the wedding. She's saying you can do $250,000 hours and two years if you really buckle down. But the big dream day was our big special thing that she would never regret and never take back. Okay, great. But you guys couldn't buckle down for five years and do more?

Starting point is 00:13:44 I think that there's actually a little bit of, I wish there was proof. I could be like, woo, yay, yeah, two years. And we're out of this, guys. Let's fucking go. I would totally believe it. I think two years is probably a stretch goal, but we could probably get out of it within the next five years. I mean, we've been paying off various accounts.

Starting point is 00:14:04 And even before we had the budgeting gap, the whole goal was whenever a check hit our account, it would say, okay, what do we have to, what's our next debt that needs to be paid? We'd pay all of our debt first. And then we would use the rest of that money to. Oh, my, I have pictures in their wedding. This is insane. They're in like a castle. They got marching bands.

Starting point is 00:14:22 They got fun of, there's a parade. Ridiculous. Yeah. It was gorgeous. Absolutely. Yes, it's gorgeous. No, no, no. But it's just like, it's the entitlement around it thinking like because you wanted it,

Starting point is 00:14:31 you could afford it. And it makes sense. It necessarily doesn't. And yes, you're Mexican now in these pictures. I thought you were Asian here. It's not the first time she's heard of that. Yeah. But we did pay, like that wedding is paid for entirely.

Starting point is 00:14:45 That's why we waited so long to have the wedding of our dreams. Is that we wanted to put as much cash down as possible for it. I get that, dude. I'm saying you have no proof to back up. You being able to pay this off in two years when you could only do 50 for our job. dream in five. What do you mean there's no proof? Like we're paying off, we're fucking payments

Starting point is 00:15:10 towards debt. Minimum monthly payments doesn't matter. We're making more than minimumly payments. Well, you can see, you spent more than you made. Like, that always gets offset. Oh, if there's someone twerking on the ground. That is true. Yeah.

Starting point is 00:15:21 We always know how to throw a good party. Our friends always bring the best energy. Yeah, but the food was the... We had mescal bottles with our names on it. It was perfect. Yeah, little Sunday brunch the day after. They made her into a pinata? What?

Starting point is 00:15:37 No, that's not her. It's just a, they do what's called a calinda in Oaxaca. And that was the parade that occurs after the wedding reception. It is true. And we're not, I want to learn a little more about you guys, but it is true. This first statement, they made more than a minimum fee payment. That is true, which is what you do. But it doesn't matter because you spent more than you even put towards the card.

Starting point is 00:16:01 If you make more than a minimum fee payment, but then you spend way more. more than you even made in terms of the payment, then fuck you, you don't get out of debt. And again, the no proof, there it is. I don't know what, what is your guys this internal dynamic about our money? You guys were communicating. How's it working? How's it looking in the house, the household? I mean, when we, a paycheck gets the account, usually I'll talk to her and we'll say,

Starting point is 00:16:24 hey, what do we need to pay between now and the next paycheck? And we'll pay off all those items. And then at that point, we take. But how are you choosing? Because, again, you spent more than you even put towards this on the last month. It all comes to due dates for the accounts. So if somebody's due, so if we get paid on the first. You're talking when a minimum is due?

Starting point is 00:16:40 When a account balance, yeah, when a next monthly payment is due on the account. And we pay the minimum payments for everything there. And then we have an additional fund in the budget line that's about $1,500 of debt that we can pay towards debt. But again, you spend more on it than you put towards it. So it doesn't matter. And by the way, you are not answering my question. I asked how the dynamic of finances are in the house. household how you guys communicate.

Starting point is 00:17:04 He knows the numbers. It sounds like he's really telling you what to do. It sounds like Conquistador came in here and stealing all the gold. No, it's, I mean, there are some, there are some charges that are on the account where I'm like, I don't really know what that is, but then I just ask him. It's not knowing what it is. You don't know the numbers. I mean, not specifically, no.

Starting point is 00:17:23 Like, I know he makes X amount every time he gets a paycheck. I don't add it up. So when you ask, like, how much hits your account every month? I don't know. Like, I can guess. but I don't know the specific number. And then I know that my accounts are paid for every time, like we don't have a late payment.

Starting point is 00:17:40 Every time that it's due, I pay my account. And I know what I spend on monthly, and he spends on his stuff monthly. I don't. That's one thing that we're trying to do better about, and that's one thing that we spend a lot of money on, is eating out and eating, you know, not so much DoorDash, but just nice restaurants and stuff.

Starting point is 00:18:00 You know, her birthday was last week, We went and had a nice sushi dinner. You guys will have an excuse for everything. There will be things that pop up forever. You'll have an anniversary every year. You'll have two birthdays every year. You'll have... Do you guys have kids?

Starting point is 00:18:12 No, but we plan to. Yeah. You'll have birthdays for them every year. You'll have Christmas. You'll have family. There's always things that'll be popping up. And you guys will use that as an excuse to spend an infinite amount of money constantly. But if we're making this money, we should enjoy it.

Starting point is 00:18:26 Why shouldn't we enjoy the money that I'm not saying don't enjoy it? I say enjoy it responsibly. You're spending like you make $500,000 a year. I mean, when relatively speaking, when I was younger, that's absolutely how I spent, I spent 500 dollars. That's how you're spending now. You spent 27,000 hours. You brought in 15. Why the fuck are we talking about when you're younger? I'm talking about you literally in the statements that we have. I don't believe that your statements are, I don't believe your calculations are perfectly accurate because a lot of spending that's going, but you're counting spending. Okay, here's an example. First credit card. They paid $4,000 towards it, but spent 9,141. Just because it's not visible in your checking account doesn't mean that's not what was spent. I, but how does that spin across, like, when you look at the checking account and you look at what was coming out of the checking account. Is that just about the checking account? It's all accounts combined, big guy.

Starting point is 00:19:14 What card is it? It's the Navy Federal. It's your card. Your card. Yeah. I mean, Missing's bullshit loan was borderline 10,000. It's right there. On what?

Starting point is 00:19:26 On a row, but that's the category. We'll find out. Miscellany's bullshit can range from video games to monster energy drains. to who knows. We're going to go through everything. Going out to E was $1,225. Like, this thing's crazy. That's why we're trying to, like, adjust our spending

Starting point is 00:19:45 in our budget now because we're trying to change. And then you get it after two months of having a budgeting app. Sure, but we have to adjust the way that we're spending so that we can get to the next part of our next phase of our life. I agree, which is why you didn't do it in your two months of having a budgeting app. Right. And so now in the next two months, we get better. What is this answer?

Starting point is 00:20:00 That's such a non-answer, though. It's not an answer, though. What I'm trying to say is that we're trying to take the steps to get to where we need to be. But you want to buy a house. You haven't. In the two months you've had a budget. Like, I want to believe you.

Starting point is 00:20:11 If we're sitting here and we're just having a conversation where we're not being fully open and I'm not. Shut the fuck up for a second. I want to understand why you think. Because I'm explaining it right now. If I'm explaining that you will listen and you will hear the answer that you'll desire, why do I not think it? Well, because you say, oh, I'm going to do this. This is going to happen. This is what we're working on.

Starting point is 00:20:34 And in a conversation, if we were just at a coffee shop, I'd be like, because why have the conversation? But here's the thing. We have a budget in that for two months. I have your most recent month. I see the spending that's within that month. So why am I trusting and believing that you are going to do that when all the proof that is on paper, on paper, is suggesting otherwise? So why would I just say here and listen and just be like, oh, you're right.

Starting point is 00:20:57 You are going to fix that. What the fuck are you talking about? You have the same tools that you had the month that we're seeing here. I'm not just going to take it and believe it and stop pushing back because, uh-oh, yeah. But you're looking at one month after having 37 years of habits build up when we're trying to take time to change these habits. No, you're right. You're right.

Starting point is 00:21:15 And I see the results. I see the results of that. It's more than a quarter million dollars in debt. And I see the habits that you're doing literally last month, which means it's not going 100% be completely 180 next month. And that is blowing 10,000 dollars more than you make. It takes like six months for change to happen. So, right?

Starting point is 00:21:30 Like six weeks, six months. What is it? Two weeks make a habit and then six months. Two weeks. Two weeks. But there's only, these are on a monthly cycle. You can't measure it on a week basis. No, but it's been two months.

Starting point is 00:21:43 There's been many two weeks in that two months. And so we've made habits and changes to the way that we've been spending. Like, what we spend on a lot is like instant gratification. From zero to ten, zero being the worst, ten being the best. What do you think your financial score is? I'm jumping into these finances earlier than normal because, oh my, we're going to be here forever. and whatever delusional world you're living in right now hopefully gets cracked. I'm going to go three, two, one.

Starting point is 00:22:08 I want you to give me what you think the household financial score is, okay? Three, two, one, three. Okay. Why do you think you're better than he thinks? Or how about this? Why does she think you guys are better than she thinks? Look, private student loans can make you feel like you're one misspayment away from selling your grandma's hairlums. We miss your grandma.

Starting point is 00:22:33 Y Refi says, chill out. No more sacrificing the family jewels. They don't reduce you to a credit number. They actually want to see if you actually plan on paying them. And by the way, they're providing interest rates under 6%, which is practically a unicorn in the student loan jungle.

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Starting point is 00:24:26 making big decisions and trying to get big things done, you shouldn't be scribbling messy notes like back in the day. Get the tech that works as hard as you do. Visit plod.a.ai to get yours today. I think I just have a more pessimistic view about our finances and that we need to be more. Well, you actually know the numbers. So I can answer for myself. I can say that the reason I give us a one is because we have some retirement savings. Other than that, like the rest of our financial ask. Why does she think? Because she hasn't analyzed the numbers maybe as much as I have.

Starting point is 00:24:58 Like she hasn't looked exactly at what's going in and what's coming out. Like I have a better sense of what's actually coming in and going out on a month-to-month basis. And I think that we need to make more changes for us to be able to get to that goal of getting a house. And, you know, we want to have a family. We want to have these two kids. Like so we need a house to be able to afford that. This is way too long of an answer for why she thinks it's a three. But you kept talking about yourself again.

Starting point is 00:25:21 If you watch your financial score, take the assessment. It is free at Calebhammer.com. Take the assessment, figure out where you're doing well, where you need to improve. It just takes a few minutes and you'll figure out where you stand. And if you don't want to be like a guest who ends up on this show, download the Dollar Wise button app, sign up for the free version. And if you like it, sign up for the annual version.

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Starting point is 00:25:59 and I got shit to do. Okay, Navy Federal, the one we make more than a minimum monthly payment on. Woo, we're so excited because we do so well. And then spend double what we put towards.

Starting point is 00:26:09 We just enjoy what we enjoy. Shut the fuck out. I don't think you actually think that. I don't think shut the fuck off. No, you don't actually, you actually went to hear us want to talk, so. Huh?

Starting point is 00:26:19 Huh? What? You just said something you've already said four times. I don't need to hear that. all right now navy federal oh good it's what happens with a higher income you get higher access to credit limits and then you just your entire life now luckily for what it's worth i will clarify from what i said earlier where it's like you know like your finances are worse than someone who's broke

Starting point is 00:26:48 numbers on paper i mean someone who's broke sometimes that means oh they might get evicted they're closer to a fiction or not paying for a utility i mean you guys could be too if all your money's going to the minimum payments but obviously you guys have tools like bankruptcy and that could get you to a solution faster, but I just mean more numbers on paper. But $22,99. What the fucking 70 cents? That's insane. What is going on with this car, big guy?

Starting point is 00:27:11 That's kind of our catch-all account. I love a catch-all. But for the most part, I think a lot of our, like the extra that we spent on the wedding ended up going on to this account. You could not afford the wedding. I'm okay with the wedding. No, we saved for the wedding, all right? We saved the wedding, and we did a lot better than most people.

Starting point is 00:27:30 do here. Why don't we comparing? Who gives the fuck? Jerk yourself off harder, big guy. So we got,

Starting point is 00:27:37 so look, we ended up getting, we met in January of 2020, all right? And we met in Breckinridge in the middle, like right before the pandemic started. Oh no,

Starting point is 00:27:47 something else. No one has experienced. The pandemic. Okay. Continue. We ended up. Let's see what makes you such a unique butterfly.

Starting point is 00:27:54 What makes me a beautiful butterfly is the cocoon that came out of. Unique. Unique. Beautiful. Not the same. Continue. You met during the pandemic. Yeah.

Starting point is 00:28:03 So we ended up getting engaged in 2021. And we got engaged down in Mexico City. And what ended up happening is that we spent a week there. And then we went over, then we went to Oaxaca for a week and hung out there. And we talked about where we would want to get married. And we decided that we wanted to do it in. Wonderful. That gave you four years to save up money on a very strong income.

Starting point is 00:28:28 Here's the fact. I want you guys to have this wedding. You can't afford this wedding in your income, but you did it before you could afford it and you put it on credit cards like dumb. Motherfuckers. He was accruing $30,000 and paid $50,000 in cash. Oh, and then he went over a budget, which means you don't get to do it until you can afford it. Everybody goes over a budget. Everybody goes over a budget when they have weddings.

Starting point is 00:28:47 That's what my best friend told me. She's like, we went over our budget. Just prepare yourself. Maybe your best friend needs to be put down. I've been to a couple weddings this last year. They didn't go over budget, my friends. But they're my friends. But did they have beautiful, do they have beautiful catering?

Starting point is 00:29:04 Was it a three-day festivity? Wasn't a three-day festivity because they're not their money. I mean. It's just a choice. We decided to spend the money there. Yeah, it's just to spend more money than you saved that more money that you could afford. And we'll pay off over the next few years. Like, ever get there.

Starting point is 00:29:20 We really didn't travel during that time. And like, now we want to make up for that. We want to get our finances in a good place so we can travel again. You hear this? I hear your privilege. It's, we've worked hard with you guys. We make the money. We make the money.

Starting point is 00:29:33 You make the money, but it's the entitlement to like, oh, my goodness, we did a travel. Oh, fuck. We didn't travel. Oh, no. We didn't travel. Oh, my, fuck. Do you guys even hear yourselves? Like, yes, if you can afford to travel, do it.

Starting point is 00:29:48 But I don't give a shit about the boo-hoo bull shit. If you can't afford to travel now, I don't give a, if you didn't get the chance to travel a couple years ago. Wow. Afford it, put it in the budget when you can. I don't give a... That's what we're doing. No, yeah. I'm not.

Starting point is 00:30:02 That's why we have a line item for travel in our budget. No, no, no, no. You have a quarter million dollars in debt. None of it's a mortgage. You don't have a line item for travel. So we're paying that off now slowly and surely. Oh, no, you're not. You spread more on this?

Starting point is 00:30:13 Oh, my goodness. What a pointless back and forth. What a pointless, dumbass back and forth. We are going on our honeymoon in Hawaii. So that's travel that we're going to make up. That's going to be great. It's like a dream honeymoon. Yeah, because everything has to be everything we want regardless of if we can afford it.

Starting point is 00:30:31 And that's the last, like, large expenditure. that we're going to have. Oh, yeah, we'll see. We want to have a kid. So, and then we want to buy a house. So that's why we're having to reassess exactly where we're spending all of our money. Thank you for keeping the consumerism economy alive with your debt. We need your help, Caleb.

Starting point is 00:30:49 We need, we would like. Shut the fuck. Have you heard this conversation? We'd like somebody to tinker with the finances. How much is the why going to cost? About $8,000. Doubt. It's what's been budgeted.

Starting point is 00:31:02 It's what's already been spent. Yeah, but we know how you guys budget. So I'm guessing if it's $8,000 a fee It's going to cost about 12 Based on how you guys do things I was thinking 10 I think 10 is probably reasonable Yeah

Starting point is 00:31:14 It's not that bad It's not that bad for 20 weeks You have a quarter million dollars in debt I don't give a fuck I don't care No You are not entitled to this But our household income covers that quarter million dollars in debt I'm not saying that we're going to

Starting point is 00:31:28 It does it because you're just keeping it You're maintaining it you're replacing it every time Howlis does not mean sense All it requires is taking a shift from doing that maintaining to actually spending the money on the debt. Like that's all it takes to- But you're not. You're going to Hawaii instead. You're getting a house instead. What the f***ing are you talking about?

Starting point is 00:31:44 You're doing an open-a-budget wedding instead. Yes, what you say is correct. But you're not doing it. That's what the next step is, is making it happen. No, it's not. Hawaii is the next step? Because Hawaii is the next step you have. After Hawaii, then we're going to make it happen.

Starting point is 00:31:56 That's all it's all. It's always after the next thing. After the next thing. I don't have any plans for October, November, December. Oh, you will find them. You're going to find them. You're going to. You're going to stick it in.

Starting point is 00:32:05 You're going to have a nice little blow up. Travel for all the holidays. Like, we'll travel for Thanksgiving. We'll travel for Christmas. We're not doing that. We didn't do it last year. We didn't do it last year. We've already cut that travel out.

Starting point is 00:32:14 Oh, we'll see. So the fact that you think that we're just going to keep doing it, it already shows a trend there that we aren't going to do it. It's based on a, and here we go. Let's use some YouTube commentary language. Pattern of, it's your pattern of history. It's your history. Right. It's your endless history.

Starting point is 00:32:28 But everyone's history is not the prediction of their future. We can change our history. But it is the best thing we can. It is the best thing to use for the prediction of the future. But that's not exactly what's going to happen in the future. I mean, we. Yeah, and your precious little brain, sure. And yeah, go get your pasty-ass sunburn.

Starting point is 00:32:45 That's fine. But what happens is most likely this will continue based on you have consistently done it without any changes. I mean, we do have my family's trying to do a Disney-Alascan cruise in like 20-26. So we got a little bit of honesty. We've got to budget that in. I mean, that's not on our budget at this point. We have the points to get us to Seattle? That may be true, but that doesn't mean we need to spend it on.

Starting point is 00:33:11 Like, this is, okay. But it's my first cruise. I've never been on a cruise. And I love Disney, and it's my family. Yes. And my mom wants to do it for her birthday. Yes. But that doesn't mean that it fits into our budget.

Starting point is 00:33:20 Like, that's where we have to talk about these decisions that I've been saying. It's like, we have the money to pay off this debt, but we're constantly paying for other things. But we're going to save for it and we're going to go on the cruise. Is the same way we paid for the wedding? Yes. When we got engaged, my one rule was that she can have as large of a wedding as big a wedding as she wanted, as long as it all was paid for in cash. And it wasn't. And then we're doing Hawaii, and then we're doing cruise, and then we're doing whatever happens next.

Starting point is 00:33:45 We're having kid. We're having kid number two. We're having kid number three. We're having a house. Okay. Yeah, the minimum monthly payment on this is $367. And $41. Yeah, again, we purchased $9,141, which is insane.

Starting point is 00:33:57 Well, $147 of interest accrued. How long does this take to pay off if we only make minimum monthly payments and we don't purchase? purchase, which you're incapable of. Six years. Only minimum monthly payments. Without purchasing, which you're incapable of. Six years. Minimum full payments, about 13 years, I'd imagine.

Starting point is 00:34:11 Okay, 31. So, well within our retirement years. But just to check, we didn't make the minimum monthly payment on that, right? Correct, because you spent more than double. But you spent double what you paid towards it. Right. Oh, my God. But we're paying more than a minimum of that, so we can start paying it down.

Starting point is 00:34:29 Okay. Ladies and gentlemen, a financial officer. This is one of the most exciting moments in this channel's history. You know I've been working on building all these educational tools or budgeting app, all this crazy stuff over this past year, because that is where my passion is. We finally did it, and now we put it all into one program called Dollar Wise Central. You get the premium version of my budgeting app. You get the cookbook mailed to you and signed by me.

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Starting point is 00:35:32 Go! Is there a way to communicate with him? Like, I'm confused on how he's confused. No, he'll just fight back. He's got to keep going. Got to push forward. Push the conversation forward. I understand what you're saying.

Starting point is 00:35:46 How do you have disagreements with him? What do you do? Well, we're, I'm... Do you ever resolve? Yes. So before I used to work in... Before I worked in market research, I used to be in mental health. So I use a lot of like my mental health tools and now we're in couples therapy.

Starting point is 00:36:06 So I know, you know, how to maneuver it. Why are we in couples therapy? Communication. We have two different communication styles. I want to address things head on and she wants to take some time to us. Obnoxious and delusional. I mean. Better than belittling.

Starting point is 00:36:22 Well, it could be. Yeah. If only we signed up for it. Yeah. Well. Communicating together, though. That's how we actually get through this budget. problem that we have. So that's what we're going to work through when our communication style is

Starting point is 00:36:34 to get on the same page. How long have we been in this couple's therapy? Like a month. Yeah. It's a new thing. She's great though and she's completely supportive of us and she thinks we're doing a great job. So it works. And the point is to build the foundation and nurture our relationship. I'm sorry. Pop a baby out. Is it time? Is it time? I mean, I'm 37. We can't communicate. I know. What are our communications rough? We are, so we're usually able to resolve it either way. Yeah, I wouldn't say that.

Starting point is 00:37:08 Go ahead. But if it was healthy, it wouldn't be going, right? But it is, that's what it is. We are healthy. Like, we're trying to make sure that we're improving it and making it even better. Like, it's not that they have unhealthy communication. It's like we want someone to help us improve where our communication is. So I mean, I'm good with therapy.

Starting point is 00:37:23 I'm good with couples therapy. I think everyone, I think every couple should be in couples therapy regardless of where they are. And I think everyone should be in therapy. regardless of where they are. But there are enableness therapists out there and that's what we want to avoid it. I'm not saying you have that,

Starting point is 00:37:38 but that's what a lot of people get in. Yeah. Especially like the like latte makers. Latte makers. Yeah, they get into a lot of an enablement therapy and then blow up on the tree.

Starting point is 00:37:50 I see what you're a barista. The typical people that come on your show. Yes. Yes, you're so special. I mean, we have a lot of different accounts that we can use. I've had high-incomeers before, you know.

Starting point is 00:38:00 know, like similar scale. Yeah. Do they have a quarter million dollars in that, though? Probably. I don't remember. We filmed four a week. So, three and a half years. What's that? What's the math? I don't know. I don't care.

Starting point is 00:38:16 Oh, okay. So, yes, I don't remember every person's number. Definitely remember faces I hate. Okay, so what did we spend on here? The necessities. Well, it was Junior's Comics. It was Space Goblin, Bat City, Bat, Bat City seeking tickets for $525

Starting point is 00:38:35 because we get to live, guys, we make money. Her family was in town that week. See, there will always be something. No matter what there will always be something. We bought tickets so that way we can all go to the game within it and we sold our tickets so that we offset the cost. But yeah, there's additional costs. There will always be something.

Starting point is 00:38:53 Yes, I chose to take them to the game instead of them having to pay for it themselves. Good. There will always be something is the point. I'm not saying it's a horrendously evil or bad thing. Yeah. There will always be something. And learning to see no to the things are the things that that's going to be the difference from the 4,000 to the 9,000 that you see on there.

Starting point is 00:39:10 Guys, if I completely change my behavior now, everything will be 100% perfect. Yeah, what a great answer? Fantastic. Like, what the fuck I'm doing with that? It was such a dumbass. We wanted to take them to a game. I got them little jerseys. I know.

Starting point is 00:39:22 Yes, you went to an Austin FC game because our city is so great. We only have one professional sports team. What a major city we live in. It's because college sports has been more important here. But that's, yeah, no other college towns have professional sports programs, especially when they're the 11th, the most populated city in the country. I haven't always been the 11th of most populated city in the country. We are.

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Starting point is 00:40:05 That was for Pittsburgh. As an NFL team, I don't want to f***ing here. We haven't always been the largest. What does Subaru Starlink have anything to do with Pittsburgh? Huh? What does Subaru Starlink have anything to do with Pittsburgh? No, you're right. We haven't always been the 11th most populated.

Starting point is 00:40:18 But we're on the original city, one of the original teams in the NFL. Like, how are you going to? It doesn't matter. It's just the city fucking size, man. This is ridiculous. This is so stupid. But Austin wasn't built up the same way that the mid-Atlantic. Boring.

Starting point is 00:40:33 Space Goblin. What is the Space Goblin that is popping up every second of our life? So a hobby that I have is collecting Pokemon cards. And so the juniors, the back. Every financial thing we can do that is just an absolute mess. I never said it was an investment, all right? There's a difference. I'm not, I'm not, what?

Starting point is 00:40:53 I'm just saying you have it. I'm not saying you think it's great. But it's just a hobby. though. Like, I'm not, it's not an investment vehicle. What? Did I claim it was an investment vehicle? You said everything that you did with finances, I can be wrong. Oh, no, I'm saying you have everything that is shit. Why is he defensive on just nothing? Like, that wasn't even a thing. I'm just saying he has

Starting point is 00:41:12 every aspect of bad finances. Like, what the fuck are you on? Dude, Green Bay, Wisconsin has an NFL team. They got 107,000 people in their city. Again, one of the original teams, they started the league. So it's not exactly the same comparison. But it's fine. I get it. You want to find someone that supports your Midwest lifestyle and makes you feel better about coming from there. Huh? Huh? Midwest lifestyle. Yeah, yeah, yeah, you're Pittsburgh, Midwest.

Starting point is 00:41:34 You know, you kind of let them be in Mid-Atlantic. They had to be Midwest. And then now you're bringing up Green Bay as well. So maybe you're just being in Texas has rubbed you the wrong way. You need to go back. No, it's just that we don't have the amenities that other large cities have. And it's disappointing, including aquariums and zoos and museums that are world-class. But can you go hiking 10 months out of the year in Green Bay, Wisconsin?

Starting point is 00:41:55 That's not exactly. Why the fuck would I be advocating for green? Green Bay, Wisconsin. You just advocated for it. You said that they have a better... I'm saying they have 100,000 people. It's silly that we don't. We do have 100,000 people.

Starting point is 00:42:05 Why are you can suck it on the balls of Austin? Because this is where we live. We should enjoy the city that we live in. The dude finds everything such an attack against himself. I just tune them out sometimes. Yes, I can see why. This must be the most miserable relationship we've ever lived in. This is insane.

Starting point is 00:42:23 How do we even have these conversations? What is that? happening. Like what the fuck? Oh my gosh man just bringing up an instance where a substantially largest city has one, it would be cool if we had one.

Starting point is 00:42:41 It's not an attack against you. I'm just getting thrown off when you injected in the middle of the conversation about the expending ads. Welcome to the show you applied for that you're a fan of, you dumb fuck. Thanks. I'm happy to be here. Okay, certified trading card. Another Pokemon investment.

Starting point is 00:43:00 Okay, so we're doing those forever. So, yeah. So with Pokemon's end immediately seen minimum $450 so far, I'm not halfway through the statement yet. So we are spending more on this car than we are putting towards it. He's supposed to have a one, we both have a $100 fund fund limit a month. And you had mentioned.

Starting point is 00:43:19 And we're not halfway through this. You mentioned that you were only spending $100 a month that like from our joint bank account, I always take the $100, use my other bank account. And that way I can keep myself in chat. you told me that you had already spent your 100 for the month. I didn't realize you were spending 400 in Pokemon cards for the month. I went over the limit. I have a bad habit with instant gratification.

Starting point is 00:43:46 Oh, he has a bad habit. So it's okay that he went behind your back and went against his word. He has a bad habit. That's all. So he does tell me when he's doing these things? He's fucking other women. It's just a bad habit. He's injecting heroin.

Starting point is 00:43:57 It's just a bad habit. I would never do that to her. And I don't appreciate you. example. Yeah, sure. I'll spend things on whatever the f*** on, but I'm not going to spend it on. Oh. You hear that?

Starting point is 00:44:06 He'll spend it on whatever the fuck he wants. But I'm not going to do it. I'm going to sleep the other one. It's a bad habit. It's a bad habit. So it doesn't matter. Anyhow, I did spend more than I expected to spend. And that's because I, I, I got too excited and got too into the craze and the trend.

Starting point is 00:44:20 And I shouldn't have spent all that money. And so I am, that's why I told you, I'm not spending any more money on it for at least the next few months to. And it's not like this is another indication of Pat. or no behavior because it's not like he ever quit a job and lied and didn't tell you about it. I forgot we told you about that. That might have occurred. Yeah. It's time to refresh your yard during spring backyard days at the Home Depot.

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Starting point is 00:45:11 I was working for a big tech company, and they didn't treat their employees the way that I thought they should when it comes to return to office policy. Great, why'd you head it from your wife? Like, I don't give a fuck about that. Congratulations. Quit. Tell your wife. Because I didn't want her to stress out about it.

Starting point is 00:45:28 What a fucking co-be. Yeah, it worked out the wrong way. And so she ended up. Oh, you lied that. That worked out the wrong way? Yeah. Did you hear how I found out? His boss called me because he's like, we haven't heard from him for two days.

Starting point is 00:45:39 I'm like, what do you mean? He told me he was at the office and he just came home. I had sent my boss and were you doing instead. Were you pretending to go to work? My full-time job, my full-time job. He was pretending to go to work. My full-time job was finding a job at that point. So I was applying for like $45, $45 or $50 a day at that point.

Starting point is 00:45:56 Oh, my goodness. That is crazy. You're pretending to go to work. Okay, now I don't feel bad for the cheating analogy. What the fuck is that? That is crazy. What kind of person hides that kind of sh**? Someone who's embarrassed to admit that they're going to have to switch jobs again.

Starting point is 00:46:13 Like, because I switched jobs just a year before that. So I wasn't proud of that decision, but I am highly employable. I was able to find another job within six weeks at that point. So that's what I ended up doing is that I took the next four to six weeks interviewed and found another job after that. And he did pull his weight around the house. Like, I didn't have to worry about, like, cleaning the house. Well, you better not.

Starting point is 00:46:37 He was unemployed. Yeah, the approach was wrong. And we talked about that. We worked it out. Worked through it. And that's why last month you spent more than you guys decided was the fun money. And then she only finds out on the show where the finances are talked about. She found out the number.

Starting point is 00:46:52 I have a sneaking suspicion that she knew that I was spending a little bit more than I should have. I genuinely thought it was a little bit more. like 150, 175. I don't realize it was 400. I'm not even happening to the statement, yeah. Because let me tell you, there's many more Pokemon's coming down this list. The vending machines that are near.

Starting point is 00:47:09 What's eBay $83 and eBay $293? Those are Pokemon cards. Okay, Pokemon is now up to $700. It's probably going to be over $1,000. What the fuck? That's more money that I should have spent. Dude, you just got buddied by your wife. She just laid down a buddy.

Starting point is 00:47:33 You're in trouble. Well, yeah, that's something that... Come on, man. That doesn't help us get to where we want to go. That's disappointing. Yeah, thoughts on that? I'm very disappointed. Like, I've...

Starting point is 00:47:49 I spend... The most I spend on is like Sephora for my skincare. But I try to be really diligent about if I don't need something, I'm not going to spend on it. I haven't bought new clothes unless I have an event. to go to, like, we, we use all of my paycheck to pay debt and then my $100 fund fund, and then everything else goes to his credit card debt. And it's like I can, we can use that to actually chip away at debt,

Starting point is 00:48:16 but I didn't know that you're spending $200 on Pokemon. Yeah, that's not what I need to be spending money on. I'm not spending that much on my hobbies. because I want to. Like, I want to spend more on my hobbies, on my dance hobbies, and I just don't because I figure we don't have the money. And it's not fair that you spend a lot of money on your hobbies

Starting point is 00:48:45 and you tell me like, no, it's just, it's $100, give or take. I thought that I could relive some nostalgia. And I got caught up in the excitement of, you know, reliving things that I wasn't able to have when I was younger. but that's not an excuse. Certainly sound like one. It doesn't excuse the behavior. It is an excuse.

Starting point is 00:49:08 Thank you for correcting my English there. But that is why we're over on that card this month. And it's the reason that we're spending more than we should have, I'm spending more than we should have. You know, the Sephora is working. You guys both have good skin. Thank you. Yeah, I thought Mary is like 31 before you guys told me in your age.

Starting point is 00:49:25 Thank you. It's actually working. Usually people look older on this show. You guys look younger. I see the grade coming. It had come in strong. What's your favorite food? Probably Thai food, pan and curry.

Starting point is 00:49:36 You know, you know, when you guys have a kid and we're talking about getting food. And he's going to be like, let's get Thai of the kids. He's going to like, no, can we get burgers instead? I like burgers more. He's going to be like, no, actually, Thai's better. And you know, the history of Thailand is a much more populated country. And actually, burgers haven't been as round as long. They haven't been around as long.

Starting point is 00:49:57 So actually, we should get Thai food and you're actually really wrong. It's actually funny because that's how I talk to. So I'm making fun of myself. I think he'll be a great dad. I think we're a perfect match. Are you free later? Let me be real with you. You can't fix your finances if you're running on four hours of garbage sleep every night.

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Starting point is 00:51:08 slash hammer. And use code hammer. This is one of the few upgrades I made that actually paid off. So if you're serious about changing your life, start by getting some real sleep. Waterburger. I'm going to consider that fun again. Bat City. Door dash curry.

Starting point is 00:51:24 Well. That Texas curry place. That wasn't very good. Texas curry. Best buy. We spent well that was only eight bucks eBay more Pokemon's 72 bucks there Dick Sporting Goods Best Buy 139 Bat City again 146

Starting point is 00:51:40 Bass City Is that also an Fancy? No it's a game shop Collectibles Dude okay so we're at easily At like 800 900 900 for that Game Stop Dunkin' Dolots Pokemon Pokemon Pokemon

Starting point is 00:51:54 Great Outdoors There's $103 for Great Outdoors is a We bought a ficus plant Or it was a fiddle fig. It was totally fitting in the budget. Okay. All of a sudden like,

Starting point is 00:52:06 oh guys, it was a plan so it's okay. It was necessary for, it was necessary for, yeah, we put it in a big pot and put the pot in front of the window. Curtains are cheaper.

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Starting point is 00:52:34 Into our house $103 for eBay So there's that Door Dash donut Great So that was $9,141 spent That is insane And that city limits

Starting point is 00:52:46 Subaru 2,773 That was a new car that we bought On a payment That's a down payment for the new car That is a green interest That we cannot pay off Well done Guys you really are unique

Starting point is 00:52:54 You really are special But we paid more cash Out of our saving That was one car I'm gonna die Okay So far What's going on with this?

Starting point is 00:53:06 At a 19% interest rate of fucking death. What is this? Is that the first one or the second one? What's the balance on that? How the fuck I know what order? The balance is $23,044. So we took that. It was a debt consolidation loan that we took out back early in our relationship.

Starting point is 00:53:26 The whole goal was to consolidate all of her debt under my name as well as consolidate some of the debt. that I had from the divorce that I had gone through. Why aren't just your names specifically? I got the debt off of her account, off of her names, that way her credit score would be high in case we needed to do any spending in the future. My debt was lower overall. And now? It's still low.

Starting point is 00:53:48 She still doesn't have any debt under her names. It's all you. Yeah. It's all in me. She's for sake. Okay. But she has an 800 plus credit score, I think? Yeah.

Starting point is 00:53:56 I'm very responsible with my finances. Well, how do you feel to be attached to this? It's stressful sometimes. times. $23,44 at an 18.83% interest rate with a minimum fee payment of $623.67. That's insane. Yeah, it's stressful. But did you think?

Starting point is 00:54:13 You didn't think of the counter your argument. What about Pokemon, though? I mean, that wasn't, that was not a thing four years ago when this happened. It's only in the last, like, two months. That excuses it. No, just not something that's in thoughts whenever we took out this loan. That's all. I'm just talking about how she's impacted.

Starting point is 00:54:29 She said it's stressful. All these finances are. stressful yet you're going out there and blowing on Pokemon? What the fuck are we doing? Selfish. Especially when you agreed on what the fund money spent and you spent minimum 10 times out on Pokemon alone. Ten times what you guys agreed to be the fun spending. I tend to indulge more than I should.

Starting point is 00:54:51 You tend to go behind your word and what you agree on from your wife. The stress is what you said? What the fuck is this? That's another debt consolidation. Oh, thank guys. Why? That was the recent one. Recent.

Starting point is 00:55:12 So we had to do it again. Yeah. Whose debt did we consolidate? It was our debt. So you had debt? Well, a lot of these expenditures. Very little debt. Not too much.

Starting point is 00:55:24 When was this? Around the wedding. May or June this year. Before the wedding. A lot of the costs that were on that was consolidated here was like a, like travel to be able to do planning in Wahaka for the wedding. and going and traveling to see her family and going to Disneyland and traveling to see my family. Yeah, let's take out a 13% personal loan for traveling.

Starting point is 00:55:51 That's $70,000 I'm going to die. We took out the loan so that way we could lower the interest rate. We'd already spent the money poorly. It doesn't matter because they just got to build. We spent the money poorly on 25% interest and then this one lowers the interest rate here. Okay. And why? Did you consolidate the Navy Federal?

Starting point is 00:56:08 on this? No, the Navy Federal was not consolidated on that. The Navy Federal was not consolidated. No, we consolidated an Amex card and a Southwest Chase card on that. Amex card, Southwest Chase card. Okay, was it the Skylines?

Starting point is 00:56:23 Sky Miles, yeah. Yeah, we're still spending on that. And what was the other one? Southwest, Southwest Chase for myself. I see a balance of 1,647 coming up on a Southwest card, so great, worked really well.

Starting point is 00:56:35 Okay, we have a minimum monthly payment this is crazy. $1,335. 37 cents. This is crazy. Did you just moan at me? No. I just had to drink some water.

Starting point is 00:56:50 Boost that audio. What? I'm not moaning at you. Does he do that every time? He makes little bear noises, yeah. That wasn't a bear. That was a fucking orgasm. No, he'll be eating and he'll get really into something.

Starting point is 00:57:04 He'll be like, mm. And he'll, like, do a little moan. Yeah, he just makes bear noises. That's what he does. It's sweet. It's endearing. Apparently, I moan it people. Good to know. I'll keep an eye out for that or an ear out for that in the future. Okay. So this is fucking crazy. And this was just taken out. This is going to take forever to pay off.

Starting point is 00:57:24 I mean, $70,000, $2,000 a month. Yeah, roughly about $35, 36 months. Like minimum payment? But if we pay more. Sure. No, minimum's 13. Yeah. We'll pay more. I hope so. I certainly hope so. I mean, you guys, again, he spent $8,000 on bullshit. on one card. 9,000, sorry. He got called out.

Starting point is 00:57:43 Hopefully, he knows now. Well, if it wasn't 9,000, too. But, yeah, we spent more than we should have on that card. And this is all part of our plan. Like, we'll pick up a plan. I just wish you fucking did any of it. And again, this is why it's like, it's no point. No point of me listening to it.

Starting point is 00:58:00 Okay, can me? Little bear noise. Did they do it again? Yeah. Why do you call that a bear noise? It's, oh. No, I'm not even kidding. Boosted.

Starting point is 00:58:10 I'm not even kidding. How's that a bear noise? I don't know. It's probably a little bear. I think it's, I tend to take deep breaths to like, and then release my stress. So maybe that's what's being caught is whenever I breathe out after taking a deep breath. Like, I don't know. I just, I link it all under bear noise.

Starting point is 00:58:28 Okay. What's up with this visa? Community First Platinum Rewards card. I think, so that's a card that had been used in a long time. And we started using it to kind of capture all of the honeymoon cost. that we're going to have so that way I can keep of all the costs that are related to the honeymoon. Yeah. Great.

Starting point is 00:58:46 Now, minimum payment alone are going to be 15 years. If you do minimum monthly payments, no purchasing, which something will always pop up. Minimum monthly payment only $44, which is that's why it takes forever. Balance is $2,185. And 27 cents. We could pay that off in a month. Yeah, certainly if you do not purchase, yes, you can. You just always purchase.

Starting point is 00:59:10 That's why, again, that statement means nothing to me. Like, you don't get to say that if you have not been doing it. I could say a lot of things that I'm going to do next month. We've been making that much in payment on debt. Yeah. I hear you. He doesn't understand the difference of when you then go build it back up again. Oh, my, I'm going to fucking die.

Starting point is 00:59:28 Okay. eBay, 132. Hey, guess what, more Pokemon. More Pokemon on your honeymoon card. He's, but he's using it to track it, lady. He's using it to track it. I don't know what you want me to say to that, Caleb. I don't know. I'm just telling you because you probably didn't know.

Starting point is 00:59:43 No, I didn't know. But we spend on every one of our cards to keep it rotating to help our credits for. Charters? What is this charter? Yeah, that doesn't mean push the-the-boat? Yeah, that's the... That's a boat tour in Hawaii. It's an activity where we're in Hawaii. I think that's...

Starting point is 00:59:58 Equabase company? I don't know what all those are. I'm not sure off the top of my head. That's great. Acquisition Ace. Oh, that's a... We were... We were talking about...

Starting point is 01:00:10 getting into business acquisition as a as a way for her to do something different with her career. Oh, but he's using this to track his spending on the honeymoon. So business acquisition, she knew about that. I told you that. I told her about that.

Starting point is 01:00:24 She knows about that. It's not the purchase alone. You say you're using this credit card for the honeymoon stuff to track it. But it's all other stuff, except for one. And then Target 54 and then, hey, guess what? Another $139 of Pokemon. We're at about $1,300.

Starting point is 01:00:40 of Pokemon's so far this month? This month? Well, the month we're reviewing. Over the course of July and August, all these align, don't align the same way, but... 1,300. I could go towards debt, could go towards whatever you guys want.

Starting point is 01:00:58 That's a lot of money. It is, let's take a look more into these analytics. It is a lot of money, and I've already, like, I acknowledge it, I told you about it. Yes, I wasn't honest about the full dollar amount, but it's something that I'm not happy about. It's something that I'm embarrassed about. It's something that has to not be spent anymore.

Starting point is 01:01:16 Why don't you tell me it was that much? Because I'm embarrassed about it. I don't have a better answer for you than that. But that's what he says every time he does something who doesn't tell you. And that's what he'll say every time he does something he doesn't tell you. Because that was his excuse for the cigarettes.

Starting point is 01:01:27 That was his excuse for quitting the job. That's his excuse for the Pocomans. So next time he does something, he'll just be embarrassed. So that's why he won't tell you. It doesn't excuse the behavior. But it's shame. and guilt and embarrassment. I think you'll learn.

Starting point is 01:01:41 It's not three strikes. Okay, great. Yeah, that's what, that's what, this is going to be really productive. Marriage isn't three strikes. No, it's not. You don't know, Caleb. You've been, you've been single for the majority of your life.

Starting point is 01:01:52 How long have you guys been dating? Five years. Okay, that's not the majority of your life, you dumb. But either way. No, your life. No, no, no. I know, but if we're going to use the same thing, it's like, that's not the majority of your life.

Starting point is 01:02:03 Right. But we waited until we were in a good spot in our own lives to find somebody. Yeah, to start like dating seriously. Yeah. Yeah. Before him, I only had like one serious boyfriend. Then you cannot use that excuse. You cannot say that.

Starting point is 01:02:17 No, I can absolutely say that. What do you mean? Because the exact, okay, that doesn't matter. Marriage is not three strikes. No, and it doesn't have to be. I'm not saying that. But you're just using that. Oh, he'll learn.

Starting point is 01:02:29 After he continues to do this. Well, we are. We'll learn. It's so productive. It's going to go so well. What is this soft parenting your husband? That's turned down well for an entire generation. I guess what kind of is.

Starting point is 01:02:43 Yeah, give him an iPad. It's going to go really well. Okay, well, I don't know. I have to fix my behavior. Like, I know that doesn't, like, change anything and whatnot. I'll give you some cocoa lemon and you'll wind down. Wishing you could be there live for the big game, soaking up the atmosphere in the crowd.

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Starting point is 01:03:20 Download the Priceline app or visit Priceline.com. Actual prices may vary, limited time offer. I don't think you understand. I don't know what Cougar Lemon is, so I have no idea. Okay. Are you going to be a same home mom when you have a kid? I would love to, honestly.

Starting point is 01:03:35 Okay, so that's going to immediately eat a big chunk. I don't think I'm going to because I don't think we are in a financial spot to do it, which is why we were looking at that like, what is a business acquiring thing? And what is that going to do? You're going to spend money to acquire a business and then do what? And then... And then she'll be the main operator. That'll be her job instead of her working. Working remote as a main operator?

Starting point is 01:03:58 No, it could be something local. It depends what kind of business you acquire. Do you guys ever ran a business? My mom did. And I helped her. We can use this for the long-term relationship excuse. Have you guys ever ran a business? No. Okay. I've run my own consulting firm before. And?

Starting point is 01:04:13 And I didn't enjoy doing that work on my own. I was going to say, you're certainly not doing it now, so I don't think it worked out very well. I chose not to continue doing it, yes, that's correct. How long did you do it? I did it for about eight months. Okay. I think you think that's going to be a lot easier than it really is going to be. Maybe.

Starting point is 01:04:30 I mean, I remember my mom working like... What is it, Acquisition.com? Fri Moly's thing? No. Acquisition ACE. Acquisition ACEs. Is it something different, yeah. But it's never heard of it.

Starting point is 01:04:41 It kind of, it's, what are you guys going to spend on a business? No more than, $4 million in debt. What are you going to spend on a business? Like no more than $300,000 is always that, right? No. We would get a SBA loan and then work with somebody to hopefully find someone with some sellers financing as well would be the goal. But that's why it was something just to look into and learn about what that.

Starting point is 01:05:04 And then we're also getting a mortgage. And then it's just like, oh, we're about to be a million dollars in a debt before we know it. But there's just one potential. avenue to look into and educate ourselves on. Like I think spending a couple hundred dollars to educate yourself about what options are out there for you to change careers isn't a, isn't an unwise investment. Yeah, but no, no, no, it's an unwise move if the entire tent is to keep her at home and

Starting point is 01:05:25 you think this is the way to do it. Like, that concerns me because I think you think it's going to be easier. I'm not saying it's going to be easier, but her being a stay-at-home mom and her being a business operator aren't necessarily like, they aren't like the same thing. Yeah, I would see my mom work like 14 hours a day to run her small business. in our hometown. I don't want to do that, but I don't mind like overseeing businesses

Starting point is 01:05:47 that we already own and like hiring managers, hiring other people to help run it. And then I'm, you know. Let me know how it goes. Target, target, target. Oh, here we go. Guess what?

Starting point is 01:05:56 These next numbers I'm going to read are all Pokemon's that I did not see yet. $54, $54, $324, $61, $1,107. So we are a thousand, 700,000, 800 in Pokemon's? Are you serious? Yes.

Starting point is 01:06:19 Oh, yes he is. Tim. I have no words. Dude, that's not okay. That's like an unlimited year-long pass to my hobby. Do you want an unlimited year-long pass to your hobby? I mean, we can't afford it. That's what I've been telling myself.

Starting point is 01:06:45 I can't spend that. I need to spend. I'm concerned about the, maybe your therapist can work on this, whereas I think your version of resolving conversations is we're not, we're no longer talking about it instead of actually achieving a productive ending. Because every time something comes up, it's, dude, that's not okay. He's like, yeah, it's not okay. And then the conversations ended, which means that we never fix this in the future.

Starting point is 01:07:12 It just happens again. And then you're like, dude, that's not okay. And he's like, you're right, that's not okay. And then it happens again. and then it happens again. It's like, what the f- I mean, I take his word that he's... He's broken his word many, many times here.

Starting point is 01:07:24 Come on. Why are you taking his word? I mean, I didn't realize... You love him. That doesn't mean he's the most trustworthy person. I didn't realize the Pokemon was as bad as it is. I knew it was a little out of hand, but like I said, it was...

Starting point is 01:07:37 I thought it was $50-75 out of hand, not thousands. There's a... I'd say there's probably a bit of a... a gambling addiction element to this. Because that's the whole fun of it, right? Like you buy them, you open the packs, and hopefully you get something big. And I enjoy.

Starting point is 01:07:56 Is he throwing out the word addiction for cope and sympathy, or is there something real with this? Because with him, I think he's really good with his word. I think he is very good at manipulating. Never, I don't think it's ever been diagnosed, but he has told me from day one. He has an addictive personality. And I believe it. And I also think it's a little bit of ADHD brain.

Starting point is 01:08:15 So not necessarily tism, but definitely neurodictive. There is aism. Oh. Yeah, I don't deny that in the slightest. But he will go ham into a new hobby or topic of interest and he'll just go, go, go, go for like a couple of months. And then he'll just dip. Me too. I'm that same person.

Starting point is 01:08:34 I'm that same person. Listen, someone typed addictive personality to cop off for bad behavior. Maybe, I mean, I would define myself as addictive personality too. So I don't necessarily agree with, well, it's not a, you might be using it as a. cop out. But I have that similar thing. You know, we're both similar. We're both with our words. We're both combative for no reason. And we're both

Starting point is 01:08:55 probably and we're both, you know, money obsessed and we're number obsessed and we get addictive personalities and hobbies. We get that. However, buddy, first of all, I'm seven years younger. And I have figured out that uh-oh, maybe I shouldn't

Starting point is 01:09:11 do this hobby right now because I will fall into it and it will be 100% my life I will blow all the money to do it. I tell myself that. I moderate myself because if you're able to tell yourself you're an addictive personality, you know then what not to do. Because you can no longer self-admit that you're an addictive personality,

Starting point is 01:09:31 but then just give in to it. Because that's not how it works. If you're willing to accept it, then you're just going down that addictive train on whatever the next thing is, is you're just not giving a fuck. So obviously this card's not great. Spending not even close. 17% interest.

Starting point is 01:09:44 Okay, Best Buy. What's going on with this? Oh, good. We spent $1,686. You're like, Hey, how'd we spend more than we put on cards? Hey, but I put more on cards. There's like, it's nothing.

Starting point is 01:09:55 That was a purchase for my nibbling because they're going to college in the fall. What the fuck? It's the gender neutral term for Needs or Nephew, is what I've been told. Nibbling? Nibling. This is a Bose moment.

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Starting point is 01:10:25 So I helped them purchase a laptop for their fish conservation degree that they're working on starting this fall. I have a question. Audience, I have a very gay, LGBT gay man to my right named Colton. Hi, Colton. Nibling's kind of f***. Isn't it? Look, when he told me, I have no clue it existed. Okay, good.

Starting point is 01:10:52 That's the dumbest thing I've ever heard in my life. I don't disagree. I'm just using the words that I've been taught by my younger generation. Maybe not everything needs to be respected. They needed a laptop for school. Their department recommended a certain level of specs when it came to a laptop. I worked with somebody. What major are they going into?

Starting point is 01:11:15 Fish conservation. Okay. So when they make me my they-them latte, it'll taste incredible. And I will be very happy. And I don't think they needed a laptop for that. For them to be able to run models, should they be able to... Also, by the way, why is it you doing it for a nibbling?

Starting point is 01:11:32 Like, why aren't their parenting doing it for their own childling? So my... So I have a very close relationship with my sister and her kids. I live with them for a few years. And so I feel... So it's still their kid. That it is. And I decided that I wanted to help out. Like I wanted to help them be able to give them. Even though you're completely financially. That's smart. Well, yeah, that's true. And so I chose to help them instead of prioritizing my financials. But I remember going to college and being given for my technology needs. And I just didn't want them to have to go through the same struggles that I did. So he has a very big heart. So that's why he offered. But I did insist at the very least that you. he asked his sister to contribute some because he was about to just buy it flat out.

Starting point is 01:12:21 And I'm like, no, no, no. It's let's put in, let's set those boundaries and let's see how much your sister can put in. I have a boundary. That boundary is you paying your payments on time and you've had a late fee this year on this card. I have? Yep. No. Not that I'm aware of, but. Well, now you're aware.

Starting point is 01:12:37 How much was the late fee? 30 bucks. Okay. Which is the standard late fee. It's usually 30 to 35 depending on the card. That's so bad on your credit. credit. I highly, it didn't probably hit as a missed payment, which is what it hit the credit.

Starting point is 01:12:53 Late fee is more that he's giving the bank more money. If it was late for a long time, it would be a mispayment that would fuck his credit. Okay, okay. So that's not a worry. But the worry is, one, disorganization, indicative for the future. Two, he didn't even fucking know it until I'm saying it now. And three, it's costing him more money. It's costing you guys more money.

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Starting point is 01:14:26 Listen, I mean, all right, I am recommending. For people like you, again, it's like something like the FISCard, debit card that builds credit. Like, that's fine. And you guys don't need it for your career. So gift it to fucking, uh, uh, nibbles. Nibbles. Nibbles. Nibus.

Starting point is 01:14:41 Mrs. I can't say that. either. I always put Mr. and Mrs. before things. Okay, so we have Southwest Rapids Reward Card. This is one that we consolidated at some point.

Starting point is 01:14:52 It's probably yours. Yes. Great. All right. Well, we purchased 1,723 after payment and stuff, a little back payment. We got $1,647.

Starting point is 01:15:04 $0.64. Ode on it with a $40 payment. $159 of fees were added. Cash advance, $154. If it's a cash advance fee, then that means it probably was used to pay a vendor for the way. Why are you doing that on this card that would have this? Because you've had $337 of fees this year so far on this card.

Starting point is 01:15:28 That's $337. That is not an insignificant amount of dollars. Also $1,367 of interest this year so far. When we had to make payments, when we had to finish making payments to vendors in Oaxaca, we had to do that through Wise app. And that's where all of the, And like, so those are money transfers.

Starting point is 01:15:46 And so they end up being. But why not on your checking instead of a credit card where you're getting one of the costs. This is one of the costs that went over. We didn't have the cash for at the time. We don't do it. It's as easy as that. He also has chatypte on here. What's the cane center?

Starting point is 01:16:00 The cane. Oh, the canine center. We're training for our dogs. Training, training, training, training, training, training, training, training. Austin FC again, $2,229. We're season holders. Yeah, the season ticket. asshole chase.

Starting point is 01:16:13 Dude, come on. As a guy myself, I mean, here's the thing. One, not that great. Is this the season we're getting season tickets to? I wouldn't say so. And no, this is your annual membership fee this one, but we've had $337 of fees this year. Oh, and there's the transaction fee as well.

Starting point is 01:16:28 Yeah, so, I mean, most of the charges on that card just for the K-9 Center, we send our dogs there weekly for Tudor and recess, just a little, like, doggy daycare. It doesn't be working if we have to buy a plant just for them to not destroy the house. No, it's working. It's, he's gotten so much better. He was super reactive and now he's like getting better about walking and he listens and. PayPal credit. Well, what's going on with this?

Starting point is 01:16:52 PayPal was one of the accounts that was consolidated on the second consolidation loan. It's really just like a catch-all account for online purchases. So many catch-alls. $9.49.87 with the minimum monthly payment of $30. Five years to pay this off got Apple Bill, Apple Bill. One was $359. Who knows what that is? Oh, good, here comes another hobby.

Starting point is 01:17:13 PlayStation, Dice Legend. Oh, that's just Dice for my D&D group. Great. Let's pick up a 10th hobby that costs a ton of money. Love Alchemy, Great. Domino's Ultimate Guitar or Gear, I'm not sure. Apple Bill. Yeah, Ultimate Guitar is an app for tabs and stuff like that. YouTube TV, maybe, and Patreon membership.

Starting point is 01:17:35 YouTube TV, yeah. And then... $61 on Patreon. What the fuck? What do you have a Patreon for? $61 too. It's for Oh, Dan Carlin?

Starting point is 01:17:46 Yeah. For who? Dan Carlin, Hardcore history. How much content does he put out on his exclusive membership? Oh my God, he puts out like one every other year.

Starting point is 01:17:55 Great. And we do three premium shows posted every single day for Hammer Elite, which is literally a sixth of that cost, three premium shows posted every day, Monday through Friday.

Starting point is 01:18:05 That's wonderful. What are you some money? $30.39. I mean, I appreciate supporting a creator. You can't afford it. Don't do it. now. Amazon Chase card.

Starting point is 01:18:14 That's mine. That's yours. Oh, crazy. That's mine, but I am not the Amazon spender. Who is? We both buy things on Amazon. We do. No, I don't frequently buy.

Starting point is 01:18:26 I'm one that, like, if I need something, I'll go buy it at the store. I'll go physically buy it at the store unless I can. $10, $10, $1, $15, $25, $10 to pay off. Okay, it's all Amazon. There's also Animal Draft House, Prime Video, Prime Video. Pool Burger. interest this year so far. I bought lunch for my family.

Starting point is 01:18:42 We don't always pay it off. Someone pull up the Amazon. I don't have the app, but I can pull it up on the website. It's hard pick. Yeah, he will spend unlimited money on all his things. Sour, strawberry, sugar-free chewing gum. That was to replace my paper. This is all crazy.

Starting point is 01:18:59 Okay, that's good. Secret Hitler. I mean, it's fun, but you don't have money. It's the game that we played when we met, the day that we met. He came over to play Secret Hitler. It's a nostalgic purchase? A little bit, yeah. We enjoy.

Starting point is 01:19:11 playing board gaming. We enjoyed playing board games. Well, that's not a two-person game. No, but our friends enjoy it too. We enjoy hosting and having friends over it too. It's free if they come over and play. Quicksover. What's going on with this card? That's me. I pay it off every month, down to zero, on time.

Starting point is 01:19:27 No interest is accrued this year. Okay. Yeah, I'll cross that off. Okay, but it's still $414 now's purchases. I could have gone to pay off that. And it's Marshalls. It's Alamo draft house. It's Fetty. And it's Fetty. I think I get points for ride shares. So. Wonderful.

Starting point is 01:19:42 Great. We're spending money to have. I'm thrilled. Southwest Rapid Rewards. That's mine also. Total fees charge. Is there an annual fee on this one?

Starting point is 01:19:51 I don't know. Or is that too late fees? I don't know. 70 bucks of fees this year. Probably annual. I can check. We'll see. I don't know.

Starting point is 01:19:57 Every single credit card. It shouldn't be a late fee. I've never been late on any of my payments. You didn't think he was either. I won't write it down because the, yeah, no interest accrued this year. By the way, yours that sometimes get paid off have had interest as yours, so I'm putting down the balances. by the way.

Starting point is 01:20:10 Taco more, Uber eats, Hulu, Habo's restaurant, East African Restaurant, Paramount Theater, Spotify, Netflix,

Starting point is 01:20:17 Line Hotel restaurant. It's just, it's just eating and going out and blowing money constantly. You guys live such an insane

Starting point is 01:20:26 lifestyle. We just go on and have a good time. No, that is a Thursday. You did not have to tell me. Sometimes we're really tired and we don't

Starting point is 01:20:33 want to cook and we, yeah, yeah, a little boohoo. Yeah. Meal prep, you tip. We, I like fresh food. And I don't like leftovers more than like two days.

Starting point is 01:20:45 I don't care what you like. I'm talking about paying off debt, you fuck. What are we doing? I don't know what those charges are. Mythical store, like GMM? Oh, yeah. Yeah, yeah, good mythical morning. Hey, listen, they're doing very well.

Starting point is 01:20:58 You're dying in debt. What are we doing? Animal Draft House, Domino's, Liquor Store, Dashpash, Lady Bird Society, Lady Bird Society. Oh, that's hair. In yoga. La Combon. Summer Moon Coffee, Alamo, and space Gobbin again.

Starting point is 01:21:14 So there we go. Add 1516 to the to the Pokemon. A lot of interest has agreed this year so far. But this is $32 and then this is paid off. So what the fuck? What are we doing? What are we doing? This is just so fucking moronic.

Starting point is 01:21:29 Did you find out it was an annual fee? No. It was late fees. No, I don't know. It was late fees. No, I don't know. If it's not annual, then it probably was. I don't think it's an annual fee.

Starting point is 01:21:39 It's probably too late. You said $70? $35 a piece. I think it's too late fees. No, there's no way. I pay that off. I mean, I don't, here's a thing. I don't know how to find. What's the card?

Starting point is 01:21:48 Specifically, what's the card? Southwest Rapid Rewards. Southwest Plus. I'm looking it up for you. Nope. Does not have an annual fee. Oh, wait, wait. Rapid Rewards.

Starting point is 01:22:01 Not the Southwest. Rapid Rewards credit cards. Wait. Oh, there is an annual fee. None of the current consumer business are fee free. Okay. This doesn't matter.

Starting point is 01:22:10 Okay. Here we go. Discover card. What's the balance on this? Because I don't see. You didn't send a real statement. Yeah. Probably zero.

Starting point is 01:22:16 I pay off all my cards. Down to zero. I hope so. Sephora, Amy's ice cream. El Pollo Rico. Going in getting some B.S. from the gas station. Golden Corral.

Starting point is 01:22:24 Amy's ice cream. Golden Corral. I had a craving for mac and cheese. I think that's the first time. There's so much good mac and cheese here. I know. I know. It's very disappointing.

Starting point is 01:22:34 Yeah. We're never going back. I just wanted mac and cheese mashed potatoes in a dinner roll. That's a mac and cheese pizza pizza pizza. from Cece's is better. A lot of these cards that have like small balances on them come from like a, she has a belief where she needs to use those cards every month so that way they don't get locked up.

Starting point is 01:22:49 This Wells Fargo card was paid off as well, but it doesn't even make sense because it accrued $87 or 70 cents of interest this last month because you didn't pay it off in time. That was that was our bad. We used that to buy our wedding bands and our plan was to take advantage of the no interest and pay it all off. And I forgot when the no interest was going. going to end. So the interest hit and then we paid it all off.

Starting point is 01:23:12 Okay, here's our outback. And I mean, again, without everything else, you could afford this $43,900 car loan. What is it, a 1.9% interest rate? Yes, it is. That's good. I do like that. And again, the car's not ridiculous for your guys' income situation.

Starting point is 01:23:26 It's just combining it with everything else that it might be. Yeah, the 1.9 interest rate is what made us decide to actually pull the trigger on the purchase. Yeah, I really got you. 43,900. $400.84. What's the I needed a new car, what was going on? Well, we did try to do, we tried to be a one car household that, that wasn't working. He did find, like, a little beater for $2,000.

Starting point is 01:23:52 Well, I wouldn't recommend that. It just got me from A to B. It was the only purpose of it. But it wasn't sustainable. I know. Usually a 2,000-hour car, though, A-to-B is still going to cost money to keep it going. Yeah. You know? It cost me $1,000 to buy, and then I've spent $600 on, like, just, like, breaks and, Proof that it can happen, guys.

Starting point is 01:24:12 Even still today. But then our... It's available if anybody wants to. Usually I do like 5,000 for beaters when recommended these days. Our dog chewed up the deed, though. So it's not just sitting... Oh, that's fine. I had to go get two titles.

Starting point is 01:24:24 It takes... You just mail in. The title is in New Jersey, though. Oh. I don't know about that. And it's also not titled to the guy I bought it from. It's titled to the guy that he bought it from. So it's in a bunch of pieces and I have a sale contract.

Starting point is 01:24:37 It's a whole thing. And it's not something I look forward to. to sorting out. Okay, here's the Department of Education. Who has 53,927? That might be me. Insane. What degree did you get?

Starting point is 01:24:47 Psychology. Bachelors. 12. Okay. What's your minimum monthly? Payment? Right now she's not making any payments on the news. Why?

Starting point is 01:24:58 So before COVID, I'm going to make this as short as possible. Before COVID, I was working in mental health. So it was one of those, like, we can hold off your payments. And if you work here for 10, years will pay off your loans. Which obviously didn't. So. Well, and then COVID hit.

Starting point is 01:25:13 And I think Biden stopped all college payments. College loan payments. They were deferred. And then I got out of it and they just haven't started back up. I check it every month. They're still in deferment until November 30th. Yeah. Just now.

Starting point is 01:25:26 And then you're going to pay. Mm-hmm. Okay. Your minimum fee payment is going to be likely about $600 bucks. So much. That's so much money. You borrowed it. Okay.

Starting point is 01:25:38 I think it's all part of her still. Home part of hers. Is this yours or hers? I don't know. I'm not sure. You can't get a statement from them, so it's only like screenshots. Okay, yours. You're probably at 43,000 or so.

Starting point is 01:25:50 Do you have a minimum yet? I've been paying roughly $800. No, about $1,000 a month. That's not your minimum. I don't have a minimum yet. No, it has been. Well, I wouldn't do more than the minimum for your student. Will you have high interest debt?

Starting point is 01:26:03 That doesn't make any sense to me. Your minimum is likely going to be about $500. It's more than that. It was $860 last time I had. Oh, okay. I will do A60 then. I wouldn't put more to it than that, though. And I think this is a different loan.

Starting point is 01:26:15 That should be a different loan. What is that? That's my state. That's my state loan. What do you owe on that total? Like 3,000. Okay, what's your minimum there? 165 a month.

Starting point is 01:26:25 Okay. This is insane. Ally 262. That's our checking and savings account. Such a low balance for your guys' income. It's so dangerous. Wine levy to Austin FC. Great.

Starting point is 01:26:40 Austin FC, or Austin FC, I think, in wonderless wine again. They're just spending so much on bullshit. What is Levy? Is that? That's the vendor at the stadium. Okay. So when you buy something at the stadium, that's what they're in. Austin FC, Austin FC, Central Machine Works, Los Danzantes.

Starting point is 01:26:57 Oh, it's a really, it's like the best biria in Austin. Best what, BDS? Bria. Bria. Did you just call me? A biria. A biria. It's like a, it's a Mexican, like, stewed pork.

Starting point is 01:27:10 And they can. give you a little consmey on the side. I love Stu and it's 100 degrees outside. Hob Squad brewing. Go fund me. What the fuck? That was for the... Fund your fucking future kid, dude.

Starting point is 01:27:22 It was for the kid. You donated to a kid. Oh. You guys have no ability to not spend. He just became an orphan. sucks for him. I'm sorry. No, I'm kidding.

Starting point is 01:27:35 No, that is really hard. But again, you know how much money you could give in the history of a lives. If you got out of debt, had a fully funded emergency fund, low risk over your head, you could allocate so much money to giving on a monthly basis. You're doing little givings, lots of fun, is preventing you from giving more. You could find an orphan in a few years if you actually buckled down and paid this off, and you could give them a fucking incredible lump sum of money. It's awesome. But you're preventing from getting yourself that it actually help more people. Lots more working times. No, you're not. Zellin out $125. $0.25. Zellin out $1,000, $205,000.

Starting point is 01:28:07 Zellin out $8,000. Or no, Junior's Comics. Great. Target. Lady Bird Society. Zelling on money. Chick-fil-A. Some restaurant on Southamar. Uber Eats.

Starting point is 01:28:19 Uber Eats. Starbucks. Do you guys not eat out ever? Yes. We cook at home. When? We will we go and get groceries from the farmer's market and then we cook at home. When? Whenever we have energy.

Starting point is 01:28:33 That math is not working. Getting some bevies. Eagle Farm Restaurant. Malacca creations Animal Draft House Austin Wildflowers Shirttail Creek Those are all groceries

Starting point is 01:28:46 Tamale Addiction Stoke Yapa artisan empananas Those are all vinders from the farmer's market That's wonderful Great

Starting point is 01:28:52 You spent a ton of money At the Venice market When you're supposed to get groceries I mean I know Frikanatas We're not groceries I know for a fact Okay

Starting point is 01:28:59 PayPal and out $269 La Mexicana Venmina $100 Uber Eats Then moving out $50 That's That's part of working out.

Starting point is 01:29:10 Vanity out $120. What are you working out every... What the fuck? I'm a trainer. I have a trainer who comes and trains me. Venet me out $50. Ninja sketch. You might not be able to afford it.

Starting point is 01:29:22 You are going to have to choose what you guys want and what you don't want. Because right now we have about 15 things we're paying for endlessly. Just reoccurring forever. You are going to need to make some sacrifices. Venet out 50. ATM withdrawal, especially if you get... This is not a good market. For what?

Starting point is 01:29:37 For what? tech right now. I don't know what you're in specifically. Oh, I'm, I mean, I, I, I, I, my, my, my skill set is in need regardless. What is it? I work in data management. Mm-hmm. And data analytics.

Starting point is 01:29:51 Mm-hmm. I, bleep it, bleep it, what company? So I work, I work as the data architect. He's in a more resistant, a recession, resistant, but not recession proof. They are still, it is the second highest sector of layoffs. this year so far. And the only one that's higher than that is federal government because the new administration came in it cut a lot. So you're in the private sector, you were by far in the highest laid off sector. I just wouldn't want to think we're completely immune. I agree. You're more resistant,

Starting point is 01:30:21 not immune. I agree that no one, I think no one's immune, right? But especially in your sector right now. Yeah, I'm part of a leadership team that's trying to overhaul the business in the way that it works. I hope that works. Leaders get cut all the time too, though. Sure. And I think that we need to have a plan for if that were to occur. I know. But imagine. if that occurred, you're the big chunk of the household, like three-fourths to the income? And look at this situation. What would we do?

Starting point is 01:30:46 Okay, Antiamichara, $303. Shertail Creek, Rarighteous Greens, Better Day Garden, wolf-dog treats. Farmers Market. Yeah, I recognize some of these. Is this the Mueller one? No.

Starting point is 01:31:01 Sunset Valley. No, you should go to the Mueller one. It's nicer. Enterprises, Texas Food Ranch, Michaela Croatians, Simple Promise. Regals. Regals.

Starting point is 01:31:12 Doe Mama. B.C.F.M. Sourdough. Big Brazos. Stoke. Hi-fi. Waxing. All right.

Starting point is 01:31:23 Well, I know you guys are working the good a baby, huh? Hi-fi waxing. Going in nice and clean. Yeah. Oh, waxing crescent. Yeah. My eyebrows. Oh.

Starting point is 01:31:32 Yeah. Was that for the wedding? Yeah. Venmo, Venmo. PayPal. Venmo. Las Danzantes, Las Danzantes, Los Wendy's American, American statesman.

Starting point is 01:31:44 He pays for the fucking declining paper American statesman. I don't pay for it. No, she insists on paying for it. Oh, I need to cancel that. You need to cancel that. I've said that for months. They don't really do much. Lady Bird Society.

Starting point is 01:31:56 No, actually, they're fine. Actually, I am subscribed to them. You guys just can't afford it. I was moving on them for no reason. Hi-Fi. Shirtail. Mushion. the creations.

Starting point is 01:32:08 Pines. Vennuing out money. Vennuing out money. Levi, Austin F.C. Hobs squad brewing. Going against BS, Alamo draft house, Taco Deli, and Google Fiber. Google Fiber, sorry, that's internet.

Starting point is 01:32:18 But this is crazy. $9 in this Alli Savings account. That's wonderful. Okay, checking in see, well, no, checking in this account, $3.40 and then $75 in savings. Apple bill, Danzamburgers, Waterburger,

Starting point is 01:32:31 Apple, Apple, this is fucking crazy. 34 in this. It's nothing, nothing. $55,000 in this retirement. Who's retirement? It depends on the account. 55,000. Might be mine.

Starting point is 01:32:46 Hers, I think. Is it fidelity? Is it a transunion? Let's see. This is fidelity. It's hers. Okay, then 75 in this fidelity? That's mine.

Starting point is 01:33:00 Okay, that's... Those are residual accounts from a stock. that I got from startups that I work at. So there's nothing in it. It's just like $25,000 on this. $25,000. $25, sorry. $7 in Schwab.

Starting point is 01:33:14 $23,000 in bank earn. That's mine. Well, your entire and, uh, what's your gross income? Gross income. Is that the $3.50? Yeah, $3.25. $3.25 and yours? Gross.

Starting point is 01:33:29 That's as a household at $3.25. Oh, $325 is household. Okay. You guys should approximately be. Yeah, retirement total combined about $500,000. So you guys are certainly behind by about a fifth. So, yeah. Yeah.

Starting point is 01:33:47 Now, I know that makes it even harder. It's like, that's so much money. But it scales with your income in terms of where you should be at. If you want to maintain the lifestyle you have now by retirement. So your retirement score is not going to be perfect. Right. And like, I mean, that would be great for, that would be perfect for someone your age, making, you know, $100,000 a year.

Starting point is 01:34:05 Like, they would be killing. it. They would be beyond killing it, well beyond their goal. Because you guys are at total retirement. Looks like 160,000. Like, if someone made 166,000, or no, if someone fucking made,

Starting point is 01:34:21 I mean, yeah, you know what I'm saying. Yeah. It's just it scales with your income. Yeah. Because it comes down to maintaining lifestyle at that point. If you want it in retirement, which I'm looking at what you guys do, I don't think you're going to cut back.

Starting point is 01:34:37 I don't think you're going to cut back. I don't think you're going want to cut back. I think we'll surprise you. Okay, come back on the follow-up channel and prove it. I'm just looking at literally what you do right now in front of me. And none of these are a mortgage. Okay, 367. 41 cents plus $623.67 plus $1,03, and $37, plus $1,035.37, plus $47, plus $44, plus $4,000,

Starting point is 01:35:06 $29, plus $1,000. plus $40, plus $30, plus $25, plus $646.14, plus $0, $600, plus $860, plus $165, especially on the student loan payments, start back up, your minimum monthly payments to survive are $4,765.59. The other car does not have a loan on it? What other car? No, it's paid off. $18,000 is our net income on a monthly basis. What's your rent?

Starting point is 01:35:37 2650 It's okay for your income Utilities including internet all combined $350 Gas, broom, room, drive, drive, both of you Come on? $200 a month $250 to be safe.

Starting point is 01:35:52 Car insurance We paid a month We paid six months at the time How much every six months? $167. Okay, $267. Phone bill? $220.

Starting point is 01:36:05 Yo, why? new phones you financing them for hers yeah I use T-Mobile here so it's good same coverage for helium is like literally 40 hours a month

Starting point is 01:36:16 for the both you combine if you want to do a budget option for he'll really good yeah this is one of those third-party carriers kind of like uh mint and those other ones that just use the same towers

Starting point is 01:36:26 same service but they do it on the cheap um okay food I mean we could I don't even need to do 600 like listen let's see how I can work your budget

Starting point is 01:36:35 600 for groceries, let's say. But I'm going to say eating out. This is how crazy this is, guys. I'm going to say eating out $500. Let's see what happens. TP fund. This is anything else you need to survive, $200. And I'm going to say fund spending $200.

Starting point is 01:36:54 Medical health care, co-pays, anything? Yeah, under my insurance, but co-pay is like $25. How often? Once a quarter. Oh, okay. So we'll just put $25 in there to be safe. How much do you give your trainer? $50 a session.

Starting point is 01:37:10 And how many sessions a month? Two a week. So eight a month? $400 a month. Yeah, $400. Is there any other gym costs outside of that? $60, the subscription for the total machine that we have. Okay, so $460.

Starting point is 01:37:26 Subscriptions, I'll call 50 bucks. Go crazy. You have a pat? Mm-hmm. We have two bags. Two dogs. Two dogs. Ages and health?

Starting point is 01:37:32 One is six, and one is. one, they're both in good health. Okay, let's call pet insurance, $120 bucks. Dog food, how much? $100 a month? And how much for all the training and sitting and everything you guys are doing? Oh, gosh.

Starting point is 01:37:48 It's about $400 a month. Yeah, that's pretty crazy. All right, let's see where this lands is... Guys, if you didn't have your minimum monthly payments on all this debt, the life... It's insane. You could have so much fun.

Starting point is 01:38:06 I'm dramatically concerned that you don't have a fully front of an emergency button Like it makes no sense We did We got tapped out for the wedding That's not an emergency And then I got tapped out for the honeymoon That's not an emergency assholes

Starting point is 01:38:19 It's going to be a good time though Certainly will be It won't be when you get laid off And you don't have a fucking income I mean knock on wood Knock on wood I hope you don't obviously $11,157.

Starting point is 01:38:32 And 59 cents is what you need to survive With the fun I'm giving you so fuck off. That gives you literally $4,000 in debt payment. Yeah, well, no. So according to your 1800, $6,842. Let's round it for Wiggle, $6,500 left. Student loans, I'd be minimumity payment

Starting point is 01:38:57 until they're paid off. So what does that leave us with? You can go highest interest or small as balance, whatever method works for you. I don't really care. Actually, I would also... Is that really a big difference there between the speed

Starting point is 01:39:13 in which those are paid off? It's hard. Really, it's so situational. Avalanche does always get there quicker, but. Avalanche being highest interest first? Yeah,

Starting point is 01:39:21 but how much quicker depends on the situation. A lot of the times it's really not that. Okay, so it's almost six in one hand, half a dozen than the other. Yeah. Now, minusing the student loans brings this to 168,000, but I'm also going to minus the car because we can minimum the payment until that's paid off

Starting point is 01:39:35 at that interest rate. So immediate debt to pay off is $124,155. cents with 6,500. Yeah, dude, come on. It's less than two years. It's a year and a half. And get an emergency fund. This is so easy.

Starting point is 01:39:57 And I gave you more fun than I've ever given anyone. I don't want to hear this. This is baby. I told you you could do it in two years. Choose what. Yes, if you do this, not based on what you're doing. Yeah, that budget doesn't include having someone come clean the house. No, I gave you guys funds been to 500.

Starting point is 01:40:13 Allocate that how you wish. T.P. Fund. sorry, $200 for fun, $500 for going out to eat, $200 for your TP fund. You can allocate that. Maybe do like a bi-weekly cleaning or something. I don't know. $400 for, I gave you guys so much. I've been giving you guys more than anyone's ever gone.

Starting point is 01:40:28 Join us in the post show. We'll ring the producers. We'll talk about that. There's always things that come up. It's the best membership on YouTube. Hammer Elite. By far, let's get this hammer financial score. Spending a budget, you overspent.

Starting point is 01:40:39 We figured out how. Zero out 10. You're confused. I don't know how. Debt. Debt. I mean, the debt is really bad. You guys can just get out of it.

Starting point is 01:40:48 There's no collections. I'm going to say for your income, technically two out of ten. Emergency funds somehow nothing because emergencies of Hawaii. Retirement, yeah, you're at a three out of ten there, the math we were doing. Real estate is zero out of ten, but you'll get there eventually. I mean, that's a hammer financial score, right? I don't want to confirm, yeah. One out of ten.

Starting point is 01:41:12 He was right. He nailed that. First thing he got right. episode. Just kidding. Join us for the post show, guys. Join Hammer Elite. Click the join button now. I'll see you there. My dad lives in Mexico and my

Starting point is 01:41:24 sisters and I sent him money every month. How much money are you sending them? It's not that bad. You're still doing that? Less than your Pokemon. Did we agree not to do that? No, I didn't talk to him about it. I thought it was like a one-time thing for like six months. You're doing this every month?

Starting point is 01:41:40 It's my dad. Once your parents need help in the way. That's not going to need help. Okay, well, my dad does need help. Okay. Exclusive members content, click the link in the description or pin comment below and watch thousands of hours of extra and uncensored content. You can't reason with the sun.

Starting point is 01:41:58 Trust us. We've tried. This summer, it's time to put that angry ball of fire on mute. Columbia's Omnyshade technology is engineered to protect you from the sun's harsh rays that can burn and damage your skin. The sun is relentless, but so is our gear. Level up your summer at Columbia.com to spend more time outside and less time slathering on allotion. You're welcome.

Starting point is 01:42:21 Columbia. Engineered for whatever.

Financial Audit - $426,000+ A Year On Pokémon | Financial Audit

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