Financial Audit - Arrogant Freak Thinks He Knows More About Money Than Me | Financial Audit

Episode Date: January 15, 2025

▶This dude keeps falling into PUMP AND DUMP scams and I completely expose him in today's post-show, watch here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join ▶▶Bundle my budgeting, debt + investing program for *15%* *off* : https://calebhammer.com/classpack/ Go to https://meetfabric.com/CALEB and apply today, risk-free ▶▶▶Watch this episode's *POST* *SHOW* + get *MORE* Financial Audit here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join ▶EDUCATION: 1) Bundle my budgeting, debt + investing program for *15%* *off* : https://calebhammer.com/classpack/ 2) The best budgeting program online: https://calebhammer.com/budget 3) Get my investing class and I’ll give you a $100 moomoo cash reward: https://calebhammer.com/investing 4) Win with GOOD debt and get out of BAD debt correctly, learn in my debt program: https://calebhammer.com/formula 5) Get your own free Hammer Financial Score: https://www.calebhammer.com _______________________ ▶RESOURCES 1) Checking & Savings: Get up to 4.60% APY, pay no account fees, and earn up to $300 when you sign up and set up direct deposits. Terms apply: https://soficreator.pxf.io/c/5535481/2083783/25681?adcampaigngroup=bank&adnetwork=brand *affiliate link 2) Important: The creator is a paid influencer and not affiliated with Moomoo Financial Inc. ("MFI") or its affiliates. Content outside of the moomoo ad has not been reviewed by MFI and reflects the influencer's own views. MFI does not endorse any strategies mentioned and is not responsible for the influencer's services. Click this link https://j.moomoo.com/Caleb to get up to 15 free stocks from moomoo U.S when you make a qualified deposit + earn 4.6% on uninvested cash + an additional 3.5% APY Coupon for 3 months for new users!! Terms & Conditions Apply 3) Get $20 from Acorns for free: sign up to get your bonus https://acorns.com/caleb 4) CourseCareers: Land a high-paying job with no experience or degree by going through an affordable online course: https://coursecareers.com/a/calebhammer 5) The credit building debit card: First 100,000 people to sign up for Fizz with code: HAMMER10 get $10: https://www.joinfizz.com/caleb (paid ad) 6) Advising: Book your free strategy session https://dmnmny.co/caleb to work with Adrianna or any of the other CFPs at Domain Money today! 7) Helium Mobile: save a ton on your phone bill, sign up and get 30 days of FREE trial when using promo code CALEB https://hellohelium.com/ 8) Online security: Protect your online privacy and security NOW and for free by following my link Aura: https://aura.com/hammer Learn more about your ad choices. Visit megaphone.fm/adchoices

One, two, a one, two, three, four. Give me a break. Give me a break. Break me off a piece of that Kit Kat Bar. Give me a break. Give me a break. Break me off a piece of that. Kid me a break.

Break me off a piece of that Kit Kat Bar. Have a break. Have a Kit Kat. This is Euphoria Calvin Klein, the new Elixir Collection, featuring three perfume intense scents, inspired by a unique orchid accord, paired with vanilla, each with its own distinct attitude, each with its own universe, bold elixir, sensual, woody, addictive, magnetic, magnetic, like a lingering touch, solar elixir, a radiant expression

of joy, ultra-concentrated for amplified impact and lasting power. Find your euphoria. Discover the Euphoria Elixir collection by Calvin Klein. To watch episodes of Financial Audit a week earlier, check us out on YouTube. $100,000 in debt. A hundred thousand, what was the debt? Credit cards mostly. 100,000 hours of credit cards? Clothes, vacations. The idea is I can get what I want right now and pay for it later. But you didn't pay for it later! With the influx of amazing customers that I get this year.

Why would they trust you? Look at me. Yeah, I wouldn't. Really are a few. This is crazy. Okay, but I disagree. All of our education is bundled together for 15% off with a 30-day money-back guarantee. Go to Caleb.com slash bundle.

the link in the description or pin comment below. Hi, I'm CJ. I'm 33 years old. I live in Austin, Texas, and I'm on financial audit. Yes, you are. And what do you do in Austin, Texas for a living? I am a hairdresser, and I also build

websites for beauty pros. Ah, yes. I see. Yeah, the package. I can vision this. Okay, very cool. So two jobs. Let's start with the first one,

hairdresser. What do you make it and dressing that hair? What do I make? I would say I'm on commission, so it ranges, but I would say probably about 70K a year. Why the fuck do I have debt in front of me right now? Okay, so that's just one job, $70,000 a year. By the way, essentially the median household income in the city of Austin, Texas, household, just you from one job. And then you build websites for RuPaul or something.

So what? I wish. How much do you make with that? I would say probably like an extra 20K a year. This is incredible. Okay. So we're looking at $90,000 a year. Adding to my confusion of the stack in front of me,

it really doesn't make sense. Also, that also doesn't really add about the money that came in. What came in from the most recent month? What do you mean? Money. What came in? What came in? Like the exact amount?

Sure. I would say probably like 4,400 from the salon ish, because I did take some time off recently. How much time did you take off in the last month? About a week. So that like hits me hard. Okay. All 46. 46.

63. Okay. And then I didn't do any like. Actually, I'm switching my website kind of like strategy right now. So I'm going to start building the websites for free for the people. And then they sign up, wait, they sign up for a subscription for me to host them. Okay. To host?

Recurring. Yes. Okay. Then you host like on Amazon website. I have my own website builder. Yeah. So like Squarespace, but for beauty. Okay.

And if that money is no longer coming in, what's it going to take to build up to that $20,000 hours a year again? Getting enough people to sign up for hosting. How much does it cost to host a site? It'll cost them about $39. A month. After my expenses, I'll make about 30 per person per month. Wait.

Well, I'm sorry. What's their monthly fee again? 39. And you'll make about 30 net. Yeah. And I have to ask this because of the history of this damn show, please be a good answer that doesn't make me want to stick a gun in my mouth right now. You've paid these taxes. you are.

Yes. Okay, you actually pay your taxes. I do pay my taxes. Interesting. This is like new. That's like groundbreaking in the history of the show. Lots of new things today. Okay.

What else? My outfit. Oh yeah, you look a little excited. That's fun. So $360 an hour a month, okay. $160 dollars a month. And you're trying to, we're trying to represent. replicate 20,000, or $360 a year, sorry.

You're trying to replicate again, 20,000. This commission, is that paid out W-2, or are you contracted within the salon? W-2. Okay, so those taxes are withheld, and then the $20,000 that has come in, you set, what, like 20% as highed or so? Have you claimed that all accurately? Yes. You work with the CPA? I work with myself, but yes, I have done it accurately.

Okay. Okay. Hopefully. No fear of an audit? No. Not that I think you'd be targeted anyway. You essentially need 55 clients a year. How many clients are you working with?

55 that are reoccurring, never canceling their hosting. And what have you, how many clients did you work with this last year? 25. Okay, so you'll only be at half of what you're coming in. So you're cutting that extra revenue in half, essentially, unless you scale your business to doubling in the next year. How long does a website take to build? I can build one in three hours. Okay.

Why are they paying you for this? Why are they just going on square paste and plugging and playing? Well, a lot of people, especially in the beauty industry, don't know how to do tech at all. And they don't want to. They don't have the time, especially if they own their own business. So they reach out to me to build it. And I mean, it's definitely not easy to get, you know, 1,800 from somebody for a website when there is square space and stuff. But that's kind of why I'm switching my strategy to more of like I make it for them,

for free and then they just sign up with a subscription. Okay. When are you launching that? In January is when I, I mean, I've already started making some free websites for people, but January is like kind of when I'm going to go for it. Okay. And I would like to replace my salon income with that. Completely.

Completely. What are you talking about? So you're up to 90,000 is what you're trying to get to before taxes 360. You have to have 250 monthly recurring non-canceled people on a monthly base. is meaning whatever your turn rate is. You have to at least, at least fill those on a monthly basis. You have a strategy for that. Cold DMing.

Oh, well, I mean, it's sales in a certain way. So 4,643 came in. How much went out in the last month? How much one out? I don't know. No, of course not. Because why would you know your numbers? Like, that wouldn't be helpful in this world at all.

It would be. That kind of that explains the debt in front of me. What the fuck is that saying in your belt? Moschino. Moschino. The fuck is a mosquito mosquito. Moschino is a brand, a luxury brand. You have debt.

You don't track your number. You're wearing luxury brands. Brands? How much of those sunglasses where I can't see your eyes? Like $80. But I bought this belt a few years ago. How can you not track your money, not know what's coming in, not come, know what's going out even more importantly, yet you want to fully replicate your income with

a business completely fully switch over to that, as in you running your own business, but you have no idea what's going out. How could you possibly do that? Do you know what your debt is? Do you understand your debt situation? Somewhat, yeah. What is somewhat? I know, I know what my debt is pretty much, you know, not the exact numbers, but wouldn't that be knowing what your debt is? What? You know who the account holders are? Is that what you're saying, you know? Like, well, what is knowing your debt?

Well, I don't know the numbers, but I know my debt. I know about how much everything. Okay. Then know about how much went out this last month. I have no idea. How? How do you not even just have a semblance? Um, I don't know.

I just kind of. What do you think? Based on you knowing your life. What do you think went out this last month? Probably 3,500. You brought in 4,600. Do you think 3,500 went out, meaning you saved about $1,000? No.

They give me another answer. One more accurate. 4,400. Okay, so you think you saved a couple hundred bucks. Yeah, you spent $6,647. What the fuck are you talking about? No wonder you have debt. $90,000 you pay your taxes.

I'm glad, hopefully accurately. Why would you have debt? Give me an idea into your financial situation. You're not a reliable narrator for the money that goes out, obviously, because you don't even know the numbers and you know what about as your debt is. But go ahead. Why are we in debt? What are we looking at today?

Okay. So one of my debts is my student loan, which is around $53,000. That's at least concerning. my credit cards. I definitely had a worse past with, you know, debt, with shopping and all of that. What's past? Past. Are you ready?

Are you ready for it? I'm sitting here filming the show. What do you mean? What? So in 2020, I filed for bankruptcy because I had $100,000 in debt. A hundred thousand. was the debt credit cards mostly why would we have credit cards today then if without changing your behavior and you had to go through bankruptcy i mean it is because venture even approving you it is a lot

less debt now no because you went through bankruptcy but why are we back in debt did you not learn your lesson bankruptcy is not cheap it's certainly cheaper than a hundred thousand dollars but it's also not stress free why are we back in debt why have we not okay well so mostly credit card, 100,000 hours of credit cards for red? For clothes, vacations. Oh. What were you making at that time? Probably similar around like 7580K.

Have you ever budgeted? Not really. Then why would we go through bankruptcy without Elix learning hard to budget to prevent us from going through bankruptcy again? I'm not sure. I just really like payment plans. You like payment plans. What is liking payment plans? Why?

That leads you to the situation where you have to go through bankruptcy. Do you want to get a house? I do. Okay. Then having bankruptcy only four years on your record. Yeah. Leading to having to go down that path. I wrote a little song to remind you, choice hotels, get you more of the experiences.

You value. The can be a hotels got it all. A rooftop bar, have a ball Cocktails up here feel just right Is Cambri you're amazing All right Bring a date, your teen, or even your mom Book direct at choiceotails.com

See you on the roof Can because I like payment plans I used to have a house When I lived in Vegas Yeah, okay Yeah, I feel like you're a hatched out of an egg in Vegas. That makes sense. It was just a, it was a different lifestyle.

What happened to the house? Me and my partner broke up, so we sold it. You sold it. So did you get money? We made money, but I gave most of it to him because he paid for a lot of the renovations. Okay, so that's fair. But did you get any? I got like $6,000 out of it.

Where did that $6,000 go? When did you sell this house? I sold it in 2017. You want a house again? You're not even close to get it. to those goals though. You're destroying your credit. You're headed there again. Bankruptcy isn't anywhere near to falling off of your credit right now. No, it's not, but it got rid of all the debt. Yes, but you're headed towards there again.

You're building it again because I like payment plans. Go ahead. Tell me, why do we like payment plans? What is your logic behind there? What is the idea? I mean, the idea is I can get what I want right now and pay for it later. Wow. Okay. So like literally the basic definition. You just told me what a payment plan is. Yeah. And that's why I like it. But you didn't pay for it later. You declared bankruptcy. That was then.

You're headed there again. What the fuck are you talking about? Oh, that's funny. We're destroying our life and we're not getting to the goals we want to get to. That's hilarious. It's a comedy show. Just like we're back in Vegas. Or you moved to Austin to be a stand-up little comedian doing little jokes on how our life is a completely failure and it's a good joke. That's great. Yeah, it's had our eyes from the internet with red to hide the tears of our failure of a life that's hilarious. That's great. Well done. Thank you. Yeah. Yeah. What? I'm just thinking about my life, you know. And what are you thinking? I don't know, honestly. You didn't

change behavior when you win through bankruptcy. And now we're headed here again, but you're okay with it because I like payment plans. It didn't work. You gave me basically a two-part definition of payment plans. I can get what I want now and pay for it later. You only did the first part and you're only doing the first part. You're not doing the pay for it later. So you don't even do the thing you like.

I do make my payments. Minimums. Yeah. That doesn't count for anything. This first credit card, how long does it take to pay off if you only do the minimum of the payments without purchasing, which, by the way, you purchase on every single one of them. So how long does it take to pay off?

About like, I think I read it's like 20-something years. 16 for this one. Okay. But you're okay with 20. You're okay with 16. So we're getting a house in when we're in our 50s, our mid-50s. I mean, maybe 50s, yeah, because I don't know. I don't want a house like anytime soon.

You said that was a goal. I mean, a goal. What other goals do you have then? Move to Thailand. Why? To escape this? To escape America. To escape America.

What are you escaping? The expensive America that we live in. Yeah, but that comes with the cost, the income that you're receiving as well. I mean, I get if you're doing the website hosting, but even still, you're still probably going to host to American services, right, like AWS or something when you're in Thailand. Okay. So the expensiveness, but your income's not necessarily going to follow, especially the hairdressing income. You're going to get pennies on the dollar if you're hairdressing in Thailand.

I mean, the goal is to build my online business. So I can move to Thailand and live way cheaper. Yeah, you're never going to survive the world of business. If I didn't know how much was going out, this business wouldn't exist today. Okay, but I disagree. How do you disagree? Go ahead, defend that. Because people need websites. It's something, it's a kind of a business that you don't have to. There's not a lot of churn. Once people have a website, there's not a lot of. churn. Like once people have a website, they're not going to get rid of their website until they get rid of their business or they don't have any money. Who says they have to host it with you?

They want to host it with me. Yeah. Who says they have to though? I bet a few in the industry absolutely want to, but you're required to get up to 250 without any churn whatsoever. And that's everything going well in you not spending more than you make again right now. You spend more than you make. So it doesn't make any sense. Everyone needs a website. Guess what? There are services out there that people can use that as more reliable from companies that are managing the money correctly, you'd be risky to have a website with. If I did a website with you, I want to know if you're going to be in business in the next six months. Why would I build a website with you?

That would be scared. It's a new year. And we're all thinking about goals, going to the gym, saving money, maybe eating fewer tequitos. Well, let's be real. Most resolutions don't last past February. What if this year you made a resolution with real impact, like making sure your family is protected if something unexpected. happens. Today's sponsor, Fabric by Gerber Life makes this process easy to sign up and stick with.

Fabric offers term life insurance that you can apply for online right from your couch on your schedule. You could be approved instantly with no health exam required. Seriously, in as little as 10 minutes, you could be covered in your family's financial future can be a little more secure than it was before you started watching this video. You're welcome. Because let's be real. If you've got kids or loved ones who depend on you, the time to lock in coverage is now, especially if you're young and healthy. Even if you already have life insurance through work, it might not be enough. Plus, those policies don't usually follow you if you leave your job. With Fabric, you can lock in policies for up to $1 million in coverage for less than a dollar a day. And Fabric isn't just about

life insurance. They're your one-stop shop for financial preparedness, offering tools like free digital wills, access to college saving funds, and kids' investment accounts. Everything is streamlined and easy to manage right from your phone. No jumping between outdated old school portals or clunky systems, because we all know you deserve better than that. Fabric has partnered with Gerber Life, trusted by families for over 50 years, and they have the receipts to back it up with over 1,900 five-star reviews on Trust Pilot with an excellent rating.

Thousands of families just like yours use and trust fabric, so you should too. So let's make a resolution that actually matters this year. Join the thousands of parents who trust Fabric to help protect their families. Apply today at meetfabric.com slash Caleb or head to the link in the description below. That's meetfabric.com slash Caleb. M-E-E-T-Fabric.com slash Caleb. The good thing is that the company, so basically I have a white label website builder. So I'm not hosting it at all.

So if they fail, that's their problem. I don't no no you fail you fail you fail I didn't say them I said you why would they trust you look at me I'm yeah I would adorable you trust adorable yeah in the beauty industry oh you're stupid okay I mean that was the dumbest response I've ever heard in my life you don't have an actual reason for them to trust you so you try to get out of that actual real logistic pushback for how your business might actually survive because I want your business to survive because I want you to hit your goals. So you receive real pushback for the first time in your delicate little life.

And then what do you do? You deflect it by trying to make a little joke. It's not, buddy. I want you to get there. But we get there by understanding what has to go right to get there and what challenges are we facing. And I brought up a very accurate basic challenge. Simple fact is businesses that spend more than they make, yeah, they fail.

Why would they trust you? Not because you're adorable. Give me a real fucking answer, businessman. Okay, the real answer is because my websites are beautiful. Okay. And that's what they want. So the design part, they're very excited. But would they not be afraid at the fact that if you go down,

the middleman is gone, the person that they trusted to build, manage, maintain, host is gone. Any tweaks they want to make with their businesses. They have a nice little beauty thing, but they might launch a new product in their beauty thing. They would need your help, right? Yes. Okay. But what if you're not there anymore? Because one, you have a 12-hour time difference. Two, you just your business goes under. You go through bankruptcy again. They come for your assets. If I go through bankruptcy again, the good thing is that their websites are hosted on a server that is not mine. And so if I go down, their website's still there. Yeah, but they can't make any tweaks to it.

They essentially have to claim that ownership and get it to someone else again. Yes. Another builder. Okay. Yeah, that makes me very confident. You should be. As a customer? I should be. They're pretty confident. How long have you been doing this? About two years. Okay. So halfway okay, track record. Yes. Sounds like the longest. No. I mean,

the business is definitely like not profiting at all. How, how, how, how, how, how. How, how, how. You said it costs $29, but you get $20 of the $29. How is that not profit? Those margins are not bad by any measure. What the fuck you're talking about not profiting at all? So the, the builder itself costs money each month.

So there's that. That's $129. And then each person. Your math was wrong then. you tell me you get 20 of every 29. That's obviously incorrect. I got 30 of every 39. Sorry, yes. The website builder itself is 129 a month. So there goes that. I do invest into ads.

29 a month isn't bad though. You just need a few customers and you're good. So how are you not getting a profit? I spend it on myself and... No, that's personal spending. That's not business spending. Ads. Okay. Ads for what? You said you're called DMing. You're getting Google ads. Okay. My new strategy is cold DMing. The old strategies were not working. Gosh, I would love to see your marketing campaign and what it looked like.

I love it. Maybe we can take a look at the post show. Maybe we can take a look at in the post show. It could be fun because I don't want to plug your product to the main audience. I get it. I don't allow. We don't allow that. Understood.

Can the audience even see your eyes? Take off your glasses. I'd like to keep them on, please. Why? It's a Rupal's reference. You obviously don't watch it. I watched one season. It was entertaining.

It's a long time ago. Okay, I'll take them off. Yeah, let people just see your beautiful full face. Thank you. Okay. Okay. I want to know where you think your finances are today. I want you to give me a score of zero to ten.

Zero being the absolute worst, and being the absolute best. Where do you think you are today? A seven. Did you understand the scale? I did. Go ahead. Explain.

I just feel like I'm on like, a good trajectory right now with my goals. It's not about trajectory, though. And also, no, you're not. You said your goals, you're not. How? I have goals, but they're not necessarily, like,

right away goals. Maybe my house is like a 20 year from now goal. But trajectory, you're not on it, though. That doesn't make sense. And also, it's not about trajectory. It's about where you literally are right now. I asked where you are, where you think your finances are,

not where you think your finances are going. I still feel like I'm at like a seven. Defend it. Explain. My explanation. Numbers. Finances wise. Why do you possibly think you're at a seven?

Um, I haven't taken out any more debt recently. What's recently? When was your last debt? Your debt's still in August. August isn't that long ago? What was the debt in August? Uh, I took out a personal loan.

If you watch your hammer financial scoring, want to see where you actually are today. Today. where you're going, go to the link in the description below. It's free and we'll calculate your score for you when you take the quiz. And if you want to come on the show and you don't want to wear sunglasses on camera, you can come down here. Come down here to Austin, Texas.

We'll have it. It'll be a good time. I'll give you some punches, but we'll get you on the right track and get you connected to resources. Go to Calebhammer.com slash apply. We'd love to have you on the show. Maybe not you. I'm already here.

I know. And that's why I'm continuing. continuing this. Did you want to know why I took out that personal loan? Yeah, maybe we get to it and then we talk about it. Okay. So originally I took it out. Maybe we get to it and then we talk about it.

Okay. Was my answer to your question? Do you hear words when they talk? I just heard let's talk about it basically. Oh, Capital One, Venture One. And just, I'm so curious how you got approved for a $3,500 credit limit. I've built up my credit since 2020. What's your credit score?

720. Your credit score 720? Really? Wow. I'm surprised that bankruptcy is not holding it down a bit more. I definitely don't get approved much anymore, especially with the balances. But in the beginning,

I got approved for everything. It was like I didn't get turned away at all. Well, nothing like good, right, though? No. I mean, like right after. Like I've seen the interest rates on these things. You weren't getting like good lines of credit. No.

The interest rates are in. insane, but like initially after the bankruptcy, I was approved for like three cards. I always recommend people like you use like the FIS card. It's the debit card that builds credit that we use for the audience in you, but I don't know if you'd get approved. Well, I did, I did use one. It was a credit builder card when I first after bankruptcy. And that did help me kind of build it back up. And then I would get approved for other cards after that. All right. So we got the Capital One Venture. On here we owe. $2,608.19.

He has 16 years to pay off. Now, of course, you made a decent payment, but you're still purchasing while interest is accruing. Why are we purchasing on a card that we cannot fully pay off where interest is accruing? So, question is oldest time on the history of this show. Why the... Paraday presents. In the Red Corner, the undisputed, undefeated weed whacker guy. Champion of hurling grass and pollen everywhere.

And in the blue corner, the challenger, extra strength, Hannity! Eye drops that work all day to prevent the release of histamines that cause itchy allergy eyes. And the winner by knockout is Padaday. Paradig. Bring it on. Are you purchasing the points? Do you under... Math.

Math. If we heard... of math. Do you know how the point system works? Do you know how the interest works? Is it making any sense? Is it mathematically working? Can you defend it? Can you define it? Can you tell me how this works? I know how it works. I just choose to ignore it. I like getting the points for the airfare. Yeah, after you could have bought like three. tickets with the interest that accrued? Yes. Why the fuck are you here right now?

Because I need help. That was the dumbest thing I've ever heard in my life, though. You're not going to get anywhere. If it's just a fun little cutesy thing. If it's a fun little cutesy thing, a cutie thing's nothing. This isn't cute. No one's laughing with you. No one's looking up to you right now.

You're acting like a child and you'll be laughed at like a laughing stock. With that, you don't have to be. cute and funny. This is your life. This is huge for financial audit. For a year now, my team and I have worked with experts to create what I truly believe are the three best educational programs in the financial space online. We have our budgeting program where I teach you how to create, manage, and revolutionize your budget and control your money. And then there's the investing program where I teach you to define what investing profile applies to you and your life and then teach what specific investing strategies applies to you in that situation.

And now finally, we have our debt program where I teach you the best ways to pay off debt, manage debt, and even take advantage of good debt. This has been a revolutionary project that we've been working on for over a year now. And just like over 10,000 people who've already taken our educational programs, you can now take advantage of all three of them bundled together at a 15% discount. I've heard from thousands of people now who've taken these clients. and they've literally changed their lives for the better. And finally, you can too at a more affordable price.

Head to Calebhammer.com or click the link in the description below. You will not regret this. It is not cute to go and fuck up your finances to get a couple little points. I like them. You like them, but you know how this works. I do. Then why? It's very all over the place with me.

What does that? even mean. I choose to live my life however I want. Yes, but you said you want help. So obviously that's not working child. That's why I'm here. Then why don't you actually acknowledge the reality of, hey, maybe this point system that I'm trying to take advantage of is taking advantage of me and bended me over on a daily basis. I can acknowledge it. You can acknowledge it. Are you going to make any changes around it? Are you going to be a little cute? see a little fucking... Well, I mean, I can still get my points

if I pay with the card and then immediately pay it off, I still get the points. Buddy, it just is accruing on here and you're not paying off the full balance. There's a balance of $2,608. I don't think you know what payoff means. You don't know what payoff means. I mean, it'll happen within the next 10 months, like you said. I didn't say that. I said 16 years.

What the fucker? Well, after coming on this show How many months are in 16 years, you little shit? After coming on this show, you said your guests pay off within an average of 10 months. Oh, pay, well, uh, median 10,000 and 10 months. But those are the ones who put in the work. In that median, there are also people who have fucked up. And there are more people that have done well.

You could head up, you could go down the f*** up column while others are still doing well if you think it's cutesy to get your little points. I mean, as long, I think as long as long as. long as in the future, I just paid off immediately. You know, if I... In the future, you're not. You're not. You're spending $2,000 more than you make.

How would you pay off a credit card that has a balance of $2,608? Maybe not pay off. I don't mean pay off the whole thing. Then why would we purchase on a card that is accruing interest that is not being paid off? If you just pay off your purchase, that doesn't make any sense. You want to make progress on it. Because if you're not making progress on it, then interest is accruing. And then you get to the point where, uh, uh, uh,

Almost $1,000 this year was accruiting interest on this car so far. You did not get $1,000 in airline miles. You did not. When's the last time you used your little airline miles? Um, a year ago? So shut the fuck up. Okay, but hear me out here. I'm hearing and it's all stupid.

What if I spend a hundred, let's say I spend $100 at the grocery store. I get my points for it. And then I immediately put a hundred from my debit card onto the credit card. I still get the points. And. And what else happens in that situation? Go on. Keep going down.

Interest accrues. So shut the fuck up because interest is accruing at an interest rate of 31.74% so that $100 that's going towards it should just be going towards it. It should be going towards it net. Net. Okay, man. So that it goes down so that you have the chance to not accrue interest. You are literally just leaving it stagnant in that example.

which means you are not getting points that are worth 31.7% of your purchase. You're not. And that $2,608 stays there. Then that interest accrues completely obliterating any kind of parkers you've ever made. Also, does a fucking matter? I know what you're talking about, airline miles. You're getting DoorDash for Taco Bell. You're not going to bottom after Taco Bell.

DoorDash Freebird. And then you're Uber in and then Audible. Go to the library. You live in Austin. It's a great library system. And we pay enough taxes for it. Trust me. I do love the library here, but I like to listen to Audible when I run in the morning.

There's audiobooks on the Austin Library website. Oh, yeah. Oh, interesting. Literally, I could just like figure it out by going and looking. I could have. Because you're someone who knows how to use the internet. You build websites. You're 33 years old.

I could, but I like Audible. Great. Brand loyalty. Fantastic. I like getting my little credit every month. It's like any game. that has ever been implemented through a product manager in any kind of system was fully geared towards you because you feel like you're accomplishing something.

You're not. You're fucking making them money and you're putting your life on hold and your goals further and further out. Moving to Thailand, it's going to be a lot cheaper, but you don't have enough money to save up even to get a flight to Thailand. So I don't know what you're talking about. You're not going to be able to move to Thailand. You're Thailand. Also, you said you have to get to your 250 users a month in order to move there.

You're not even the two. I mean, I'm at 25. You're at 25. You have 25 paying the $39 a month. Okay. How long has the 25 been with you? About a year and a half. Year and a half.

What's the average length per subscription for each or for all? None of them have canceled. None have canceled. Okay, what are your relationships with them in general? They're people I've networked with throughout the years. in the beauty industry. So they're a little more sticky because they're people you've worked with

for a very long time. But as you go through these cold traffic situations and people give you their trust for business, they're not going to be as sticky because it's cold traffic. Especially if people subscribe to your Google ads, they didn't. But the cold DMing that you're doing,

which by the way is going to be an endless amount. That's going to be a three full-time jobs to try to get the number you're trying to get to. It took you that long just to build 25 and they're already sticky through your past. You have a hand to deal with like real clientele like an average real customer. You've had your sticky base, which is great.

And it's a great foundation to start with. But you haven't learned the reality of what it takes bringing in a new customer that is putting their trust in you for the first time that doesn't know you. That's true. I'm going to learn this year. Yeah, but when would you be able to move to Thailand in that instance? I'm hoping I can move by September when my lease is up.

Indiana Crimson sitting across the table for me just destroying his life $106 minimum payment All right my guy One main financial This must be the personal loan It is

So I took out the personal loan To pay for a barbering Mentorship that I wanted to take Mentorship The f f f*** is a barbary mentorship You are already making money What the fuck are you talking about? Please

So I do mostly women's hair So I've been wanting to dabble in men's hair as well And so I wanted to join a mentorship Since I don't have the time to go to barbering school I'm sure you've dabbled in a lot of men's hair Uh yeah I have actually But Such a stupid show

Okay sorry I'm going So I signed up for the mentor Or I was going to sign up for the mentorship and then I started to kind of loosely think about my finances a little more. And I decided instead of using those finances for the mentorship, I would get my emergency fund going. So what happened? So I took the loan out to fund my emergency fund.

Where is this emergency fund today? I saw about $1,000 in savings, which, by the way, dropped from $2,500. I spent some of it. On what emergency? Learning how to do hair extensions. That's an emergency? I wouldn't say it's the emergency. What do you think an emergency fund is for?

I took the money out of the emergency fund to buy a class for extensions. A class? Are you a class taker on just everything? I am a class taker. That's how I get good at what I do. Take course careers in accounting class. Please. Because that's what you actually need to learn.

Because you need to learn how to manage this. damn business. And also take our budgeting class, our investing class as well, because you're all up in crypto, which is nothing wrong with that specifically, but you're 100% in. That's a little rough. And take our debt class as well so you just know how to better manage your debt and utilize debt in the future, again, once you're in a better position. They all get the bundle for 15% off, but you, you get it for free. So go through that and then go through the course career as one as well. It's worth it. We'll do. Your emergency fund, it was probably sitting in there at best 5%.

Mm-hmm, 4%. The interest rate on this is 28.64%. Yes. Okay, so originally it wasn't for the emergency fund. I just thought that that would be a good idea. What, 28.64%? Just to have an emergency fund going. Oh, it is great.

I didn't like you. At 20%, at 30%, yeah, that's not great, but I just, I didn't, I didn't, I didn't want to not have an emergency fund. I didn't want you to not have an emergency fund either, but this is debt that you are owing and you are losing more money on it than it sitting in there. If you took out a debt at 1% and it was making 5%, you could pay your minimum payment through the money that you took out

and you could still make some more on top of it. In this case, you would literally be losing money on a monthly basis in order to pay this off. That's not an emergency fund. It's just an I owe you at a loss. That doesn't make sense. And I need you to know that because you'll do it a fucking gun. But it just feels good to have that money in there in case something happens.

I want to give you free money right now. I've partnered with different resources that will literally give you hundreds of dollars the moment you sign up for them. Check out my investing app of choice, Moomoo, where they give you up to 15 free stocks and 8.1% interest on your uninvested cash when you sign up with my link. Do you want a more traditional savings account? Check out where I keep my emergency fund, so far, where they'll give you 4.5% on your money and up to $300. Would you rather have automated investing? Sign up for Acorns with my link and you'll get $20 right now instead of the usual $5 you'd get from your friend's referral. You can also sign it for our investing program and get $100 in cash deposit and into your Moomu account.

This is the best way to learn what your investing profile looks like and what investing strategies to use based on that. All of this free money is linked in the resources section of the description of the description. description below. So don't pass up the free money because I'll punch you. Everyone asked, where is Carmen San Diego? I'll tell you. It's up his own ass. Uh, Yeah, Cameron San Diego. Carmen San Diego. Well, hopefully they're having fun up there. I love that cartoon. I just don't get it, buddy. You just don't understand money.

You kind of like, well, accept what I'm saying, but you, don't seem to acknowledge that that is the path that you should go down. Like you're like, yeah, the money that I did, the money move that I did here doesn't make sense, but also I don't give a. So how are you? Yeah, but look where that vibe is led. Bankruptcy, 2020. And then headed towards it again, not being able to move to Thailand, not getting your

business to a successful place, not being able to buy a house. if that is not working for probably at least a decade now, why do we continue it? Why do we continue something that is not working? It is not benefiting you. The only thing you have to show for it is close, but that's it. I think you want more than that in this world.

I do want more than that. Yeah. Then why not change what is not working? My guy. We're working on it. No, you're not. You're literally not. This is the first step.

What? I'm not a magic pill. I like to give you a wake-up call, get you connected to resources, build you a budget, absolutely. I mean, that's where most Americans are. The basics are important. But it's not a magic pill.

It's you actually putting it in the effort. But through your language here, through your mindset, I don't see any effort that is potentially going to be put in. Like I said, I like to do the things first and then worry about them later. And how has that worked?

I'm very spontaneous. I'm very, Give yourself a spontaneous fund, dude. I can give you a big, fun money, fund. You make a lot of money. I make rash decisions for sure. I don't think you understand what I'm trying to get to. That is not working.

It has not worked. So maybe we no longer make rash decisions. Does that not make sense? It makes sense. And I'm... Then will you? I'm willing to try. Yes.

I'm going to try, try, try for who? For you. It's not for me. It doesn't matter. I don't matter in this situation, dude. None of this is about me. None of this is about me. This is your financial situation.

If you're doing it for me, you're going to fall off in a month and a half. If you do it for you, you end up like the average guest. I'll do it for me and for Thailand. For Thailand. So what is it going to cost to get to Thailand after we've built the 250 paid subscribers? It would cost about 15K for the deal. Digital Nomad Visa, which is a five-year visa. And it would cost the plane ticket, which is probably like a thousand.

It would cost. You don't even have that. But the good thing about Thailand is I could live off of $1,500 a month there and really get ahead. That's kind of like my whole plan is to get ahead. Let's get ahead. What do you think get my is? Get my savings up to what a 33-year-old should be at at this point.

I can't do. I can't do that. be less there. I can't do that in America unless I'm making like 150K. That's not true. That's objectively not true. People who budget, people who sacrifice, people who actually act like fucking adults and act like they have responsibilities and make a plan. They get there. People can do it on $50,000 a year. People do all the time. On this show they do. In the audience, they do. They need $150,000. What the fuck? Maybe if you live in Manhattan specifically, sure, but you don't, not even close.

I think I should preface that with saying that I don't want to work until I'm 65. I'm not trying to sit here and be slow about it. But you're not even close to being able to get there anyway. I'm trying to retire by like 50. But you're not even close to that. That's Thailand. You'd have to retire in Thailand. I would, I mean, I could retire in Thailand.

You would have to. You're not going to retire in America. I could be five years there, I could save a lot more money than I could here. You wouldn't because you would spend it all. That's all you do. You could save a lot more here than you are. You're not saving anything. You could.

You're not. Your actions are doing that. It's just going to translate over there. Just like after your bankruptcy, that didn't save you from debt. You're going back into debt again. Without a behavior change, no, you're just going to blow all your money. Also, in order to get there, again, in order to make that amount of money where you're actually saving a lot of money, you need to build and scale your business a bit more.

Now, that's going to be more difficult for communication wise overseas. So you're going to have to do that before getting there, which means you need a budget before and actually start taking an accounting and, and being responsible, is heading goals for your business and managing it correctly and figuring out a new sales path strategy because your only customers

are the sticky ones that you've accumulated over the course of like a decade. So I don't see that plan happening. It doesn't make any sense and you're just going to blow it all on clothes anyway the money that's coming in. No, I would just say no to everything you just said.

A thousand dollars for the plane ticket, you can barely even afford that, let alone the $15,000 dollar visa. I don't know what you're talking about. You lost up your own ass, my dude. I plan on with my cold deal. strategy to get to that 15. And how has that worked?

I haven't started it yet. Cold DMs? That's like the basic most like, like good luck, dude. I get cold DMs all the time. Guess what? I've never answered one cold sales DM. Would you answer a cold DM with a website that's already built for you?

I'll be curious. Huh. I don't know. I don't know. Yeah. I'd be curious. 250 people. It's a lot.

How are you getting to that $15,000 to get the visa? Because you're not getting there now, not even close. Your savings again went down. And we have a 30% interest loan on a personal debt of $6,938 at $225 a month. So I did also, I start in January, take on a side gig with a Lash extension company that wants me to... You make enough money. You're not budgeting it and managing it quickly. this isn't an income problem.

But go on. And they're going to be paying me $1,000 a month. So I was planning on piling that away. No, you wouldn't. You don't have money coming in that you don't spend. Anytime you make more money, you spend it. And also, you have to make that extra $12,000 a year because your $20,000 hours a year in website building is going to zero now

with the clients you have. So you essentially have. have to do that to somewhat make up for the 20,000 you're losing. So it's not a net gain anyway. And obviously you went into debt making more than you're going to be making starting in January. So I don't see how that progress is actually going to be made. Do you see how this math is working? See my brain is going? I see it. But so good luck. It's obviously not going to work. I think it'll work. You're just assuming that $20,000 is still there, but it's not.

It's not there, but with the thousand and with the influx of amazing customers that I get this year, I'm going to be there. Oh, you are just so really are up here. Oh, now. This is crazy. Okay. What's your plan for this 30% debt? Personal loan. A fucking stupid one.

Start paying it down. You haven't. So you're going to start saving up for the $15,000? and starting to pay this down? Mm-hmm. What's going to change? Because you haven't. Well, you made more money.

I'll spend less money. And how do you do that in your grand wisdom? Just make a goal for myself. Oh, for fuck. A goal without any actions is not a goal. Okay, and take action after. And what actions will you take? Paying the debt down.

Paying the debt down is not spending as much money. What the fuck are you saying? I could use, I could use the $1,000. that I get from this new job to pay the debt down. It'd be gone by September. Yes, I would like to save it, but maybe I'll just put it towards debt. Oh, God. I don't.

Oh, you just, you seem just so confident in make-belief, which is probably why you've gotten to nowhere at 33. You're not successful. You are a failure. You have good income, but you're literally on the books a failure. And I want you to know that. not in like a harsh, brutal way, but because in your brain and probably people around you, because you do have clients, because you do make money, you probably think you're all that.

You think you're the shit. You probably think you are successful. You are literally not. You are literally by definition of failure. And I need you to know that, not from a mean way, but so that you can bring yourself down to here and realize that maybe you should change your path and actually put in some work and not continue the same thing you've been doing for a decade and a half now. I'll manifest it.

I'm going to kill you. Hopefully you just said that just the fuck with me. No. And not because you're like actually or something. You don't believe in manifestation? You said, I asked you beforehand. You said you've seen this show.

I can't remember a time that you said you don't believe in manifestation. How does that get us anywhere? Why does just believing instead of putting in the work do anything? No, I accomplished by putting in the work now by sitting there going, oh, please.

Well, manifestation is actually. actually the pleas plus action. Uh-huh, but you do none of the action. So if that's the definition of... I mean, 2025 is the time for me to do that, to do that action. It's such an artificial area when we decided a new year starts. That doesn't actually do anything. Move to Thailand, you need 16,000 hours minimum to do it.

You're not even close to that. You have $1,000 down from $2,500 in savings over the last month. You spent $2,000 more than you make on a monthly basis, meaning you're going to be negative $1,000 over this next month. What are you talking about? You can't move to Thailand until your support. substantially higher in the reoccurring, monthly reoccurring revenue, which you're not getting to because you haven't figured out a sales strategy that's worked. You're going to try a new one. I hope it works, but you haven't proven it yet. So I don't know what the f you're talking about. That's not manifesting as being a dumb. It will work. I don't know how to deal with people like you. I, like I, I'm tempted to just end it in that situation because that doesn't get us anywhere. That mindset is the mindset of a child. How do you have that at 33? It will work. It hasn't worked. It has not worked. When I have a goal and I try things to get there and it doesn't work, I change what I'm doing to try to get there.

That's what I'm going to do. But you're you're unable to define what you're going to do, though. You're unable to define it in detail. I'm going to start a cold DM strategy. I'm going to put the $1,000 towards debt. Maybe. And I'm going to spend less. Yeah, but you haven't said how you're going to.

spend less and how you're going to manage that how you're going to grow up how are you going to change your behavior i will cancel my audible membership and get a library card okay it wasn't just about the audible that's just like when i call it spotify constantly it's just the example of the discipline and the lack of lack of sacrifice the example of just endless reoccurring expenses that are you it's not just about the article okay cook's over This one's a higher credit card balance in the last one, $3,469. It's $75 with a $121 minimum fee payment. Great.

We're purchasing again while interest is accruing. So getting to that goal, yeah, really manifesting it by fucking yourself. This one takes 18 years to pay off. Congratulations. And that's without purchasing anything. So well done. We can get the Thailand in our 60s. So prime order and then prime video.

like a movie rental or something. Yeah, it was the substance. Have you seen it? Incredible. Love it. Margaret is my absolute wife, even though she's married. She just doesn't know it yet. She's perfection, yeah. She is, I agree.

Total interest charges here, over $1,000. Really getting us to Thailand quicker. It'll be handy to pay off all this debt in order to get to Thailand. But in the path you're going, in order to survive in Thailand, you're going to be the one giving the handies. 30% interest on here. I don't give handies. Volkswagen.

Okay, we're almost halfway through your payments. It looks like a three, four year loan, ish, the VW. What is it? It's a lease. Great. So I wonder what they've been baked in there. Oh, what's your, what's your buyout at the end? Do you know?

If you bought it out today, what would it be plus the 9,312 still remaining? I think the buyout's 16K. Okay, so even today then, if you calculate the 16K plus the 9K, you still owe on it. You're underwater by about $7,000. So if it depreciates at a relatively similar value of your minimum fee payments, you know, which probably won't necessarily, but you're on track to probably be underwater regardless when you buy it. Probably because when you got this, the car market was much higher. So it was calculating that buyout value to be higher at the end.

The car market value has corrected a little, hasn't gone to where it was pre-pant. probably won't for a long time. Lease wasn't the thing to get in there, man. And then they baked in fees and bullshit in their version of interest, essentially, into that minimum fee payment. It's probably something like 15%. I think so. I did have my stepdad co-sign on it. So it's definitely lower.

Your stepdad's on this? Sake. That is not fair to him. What are you going to do with this, by the way, with the multiple years remaining still? and you want to go to Thailand and your dad, stepdad is very much on this still. I loosely have thought about that.

I was thinking of just buying it and then selling it immediately. Where is this $16,000? No. Whatever, like $20,000 is coming from to buy it right now if you wanted to, $25? Where's that coming from? To be honest, I didn't realize that

still had to pay if you bought it out that you still had to pay the rest of the payments. So that is thwarting my idea here a little. But how do you would do the $9,000 anyway? You can't do a $1,000 flight. Oh my. Your vision. How you think you're going to get there is so incorrect and so just, it's so misguided. And it's just going to lead you to a place of never accomplishing.

anything and you're going to be a failure at 63 like you are at 33 and that sucks and I don't want you to be there and I need you to correct this mindset I will I don't know man what if what if I take a loan to buy the car and then immediately sell it and pay the loan off how are you paying the loan off you're not already paying the lease off the you're talking to me I have to get a 25,000 loan to pay off this 9000 hours and then get the car you don't don't know what you're talking about. No money's you spend $2,000 more than you make on a monthly basis. You're not going to pay off the slum. Shut the fuck up. No, that's the dumbest thing I've ever heard. Okay, sorry. No. Good? No. No. So as many of you know, I've been a big

supporter of course careers for a long time. I'm not just a partner. I actually own stock and I'm an investor. So why did I partner with course careers? Because I truly believe in what they're doing. A lot of people have questions about online certifications versus traditional college degrees. Let me be clear. I wouldn't put my name behind something unless I knew it worked. The thing is, not everyone has the time or resources to spend four years in college or take on massive student loan debt. Course Careers offers a practical, affordable way to launch a career in a high demand field like tech sales, IT, and accounting, where companies are hiring based on the skills needed, not broad college degrees. In fact, right now, one in three companies are dropping degree requirements,

and that number is only going to continue to grow. I know some people think online programs are a quick fix. But that's not the case here. Course careers takes effort and commitment, but they provide you with a streamlined proven path. They offer up-to-date self-paced courses, one-on-one or group coaching from people that work in the industry, and most importantly, they help you actually get hired. Just look at graduates like Nemesso, who went from driving FedEx trucks to a cybersecurity job at Disney. That didn't happen by chance. He put in the work and course careers guided him every step of the way. And what truly sets course careers apart is that it's not just about learning skills, about landing a job. Their curriculum is designed based on what employers actually need, and their network of industry

coaches will guide you through the entire process from learning the skills to interviewing, resume help, and beyond. So if you're serious about starting a new career without wasting years or piling up debt, give course careers a try. Start with their free intro course linked in the description to explore your options. And when you're ready, use the link in the description for $50 off the full course. course. Your future starts right now in course careers is here to help you shape it. Okay. But what it, I mean, after I buy it, I sell it, take that money to pay it off.

No, because again, if you get it right now, it's going to be $25,000. It's worth 18. You'd be underwater. Okay. Yeah. Okay. So the plan that I had originally is not sounding as great now in my head. No plan. No plan you've had. Sounds great. I've been able to put a hole in every plan so far. Yeah. And now I have a lot of thinking to do. Oh, if that's what we get from this conversation. A little bit. If that's what we get from this conversation, that's actually at least something good.

You know, if you're actually thinking, if you're actually thinking after this and you're able to reflect on this, I will accept that a little bit, a little bit more. So student loans. Yeah, 53. Again, it was my least. concerned because the interest rates probably aren't. There's a couple over, over 5%, but there's a couple over 5%, but there's actually quite a few, about 7%. These are not good federal student loans. $53,048. What did you do?

What was school? IT management, business IT management. Gosh, you could be making even more money and you're already making great money. Okay. Four years? Yeah. Where? WGU.

It's an online school. I thought that was cheap. I thought WGU was cheap. How do we have $53,000 in student loans? It's cheaper, but it's not like... Yeah, but you could do four years and not do 53. Yeah. We're using student loans for other things like living expenses?

I did get like a refund from each of them. And you use that extra that refund. I did use that first. You should have just put it. right back. It's not a refund like free money. It's still money you owe and now it's a 7% stupidity death. Let me give you an example. There's a coin based account in here, right? I think. So if I use my brokerage, which is mu mu, if I put all the money in there, what? You're smirking like a little what? Oh, I'm just listening. Okay. If I put my money in there, I invested in the S&P 500.

It's getting 8 to 10%. Let's just do 8% like, the market history over the course of the entire history of the stock market. Let's say that, yeah. Wonderful. That's only 1% that's only 1% made versus what you are losing on these student loans. Almost essentially not worth it because the risk over your head of the student loan, something not forgivable of bankruptcy if you have learned, is to hold that over your head. So there is no point of using that money for living expenses because you're not beating it in the market.

You signed up for the student loan debt after your bank. bankruptcy? I did. So you just went to school? So you went to school in your late 20s? Yes. But why didn't you using this degree? I'm not fin I finish. I finish in April. So I, oh, you're still going? I'm still going. I'm not paying. Why I asked you how long the degree? You sure told me you're still fucking doing it. I'm almost done. It was a four year degree. I took a little breaky and here we are. And nowhere in your plan has IT been in the plan. It's not in the plan. What are you doing?

Why are you spending this money then? Okay. Why are you okay with just getting more debt? So the original plan when I, okay, so my, I had to shut down. I had a studio in Vegas where I did here. I had my own studio. Okay. And we had to shut down for two and a half months.

And so during that. Why? Because of the pandemic. Okay. And so during that time, I needed some sort of backup plan. And kind of my thinking was, oh, I could, I could have a bachelor degree and go to coding boot camp and become a coder if like the hair thing doesn't work out. Yes, but after a couple semesters when the hair thing was working out, why did you continue? I wanted to finish it.

F*** you're finishing. It's $53,000 you owe now. I don't get it about a piece of paper that you're never going to use. I didn't want to owe and not have anything for it. Yeah, but you would have owed maybe five to ten instead of 53. and you're still not going to use it. That's the dumbest. Your plans,

you said you sat and thought about it. You sit and think a lot. But you lead to the dumbest conclusions ever every time. Maybe you shouldn't think. Maybe not. But at the time, it felt good. No,

no, no, you just need to like and talk to professionals before you make these big decisions. Or surround yourself with smarter people. I'm a spontaneous person. I make really quick decisions. And then think about it later.

But even you're thinking, about it later isn't getting you anymore. So you graduated April? What's the grace period after the payments start? My payments will start in November. And it's probably going to be about 700 bucks a month. Horrible. That's 7% death.

Stupidity. So yeah, savings went down from 2,270 to 1,000. Why? Where to go? Well, we spent 2,000 hours more than we made on a monthly basis So we could fuel $750 or wherever it is And fast food spending Well done. Go ahead.

I'm not exactly sure where that savings went. Where do you think it went? You intentionally took it out. So try to think. I know you like to. Close maybe. That? How much of this whole outfit cost?

Probably like 1,500. Dude, I just like restocked. my winter winter winter wear for the first time in literally five years i have not bought a single thing in five years for winterwear just doesn't get cold down here very often um and i use my friend's discount at express and i spent 1500 total to get like i could wear a new outfit for three weeks that was 1500 and one outfit 1500 this is the fucking thing and you have debt and you're not hitting your goals i'm gonna you're just well i can't comprehend your brain so this outfit was from my

old spending so this isn't a recent outfit it's still the dumbest thing ever I don't care when it was you still spent it I did okay over a thousand in your checking account he went in got some bullshit

Amazon DoorDashin Waterburger Amazon Who's that are you paying to look at only Do you want to know the name? I guess not. Why are we subscribing to that, though? I like him.

Just get you a little grinder and go have fun. Why are we paying? You think I don't do that already? Sometimes I want to be alone. Listen, listen, I get a fap session. I get it. We all have them. We're dudes.

It happens. I don't pay for mine. Why are you paying, guy? It's so dumb. And also, there are sites where you can see what's behind the paywall for free. Oh, really? Yes.

I'm not naming any sense. You can tell me later. No, because I feel like I'm going to fuel some like addiction or something from you. You're already paying for it. But why? Dude, we have debt. We're not hitting goals, but we're paying $8 to see an anus. It's only $8.

It is it a good one? Yeah. How different can an anus be from anus to anus? It's not just anuses. DoorDash and Pete Terry's. I swear if there's any more. O-F on here. I'm going to

better enough. I only have one. How often do you do that? Like pay for it? Yes. It's monthly. Oh, you subscribe to him consistently? Yeah.

Oh my gosh. You actually, I wondered how they all made money. That makes sense. That makes sense. People like you. Professional Guter. Look at you. Sotsky's.

Apple Bill. Amazon, McDonald's, Lime Pass. You take the pass for the scooters. Jesus. McDonald's more line pass. For sake. City cashless. City cashless.

What's all that? It's like a million dollars. I think the, that was during ACL time. Wait. Yeah, that lines up. Okay.

What is it? So like the line pass. No, city cashless. I think that's probably an ACL. I don't. Oh. Yeah.

I don't know. Yes. It's tapping your little wristband. So you're just getting drinks and endless shit. You can't even afford to live. Mind you, this is likely what you took. a thousand five hundred dollars out of your emergency fund which is owed at 30% in debt i'd say for a music festival well done did you see my lesbian wife chaparone though yeah she was amazing i got covid for her

it was worth it it was worth it i love her google apps commie that makes sense taco bell mcdonalds connoisseur smoke professional like fancy lung cancer? Oh, I don't, I don't smoke cigarettes. I don't even. Yes. What did you think it is? You could have told me. Like, why did I have to go down? I don't know that that was like, what did I have to go down a rabbit hole to find out you know what you smoke. Mm-hmm. Food, food, food, food, food, all at the music festival or drinks or beves and McDonald's and Uber trip and Uber tripped and Spotify. There it is. I told you it was going to pop up twin liquors getting drunk and twisted cork wine, getting more drunk. DoorDash and McDonald's, DoorDash and McDonald, Starbucks, UberTrip, UberT, Canva.

I can see Canva for your business, but chat, GPT, made me for your business. I don't know if you need that. I think you can figure out things. DoorDash, you DoorDash, you DoorDash for Sprout and says, you DoorDash are crazy. That was a $50 dollar DoorDash. Vendmewen out $100. Creature. DoorDash gift card?

$50 DoorDash gift card? You get into a gift card from DoorDash? What kind of gift card are you getting from DoorDash? I got a gift card because my friend watched my cats. So I bought him a gift card. Barnes & Noble. Buddy, library, McDonald's. Ven went out $25.

Van went out $17. Ducks. Snah? I have no idea what that is. $26.75. Rented something on Peacock, I think. Uber trip, Door Dash, pass. So we got the subscription.

Southwest In-flight. You told me you purchased last flight was a year ago. Well, that was when I used my points. A year ago, you mean? Yeah. Or where'd you go this time? Because you got hotels, too. It was for the lash extension convention that I go to.

Lash extension convention? We just walk around and see who has the longest fake lashes and looks the fakes. I used to do lashes. So I go to this convention every year. Convention? And now they hire me to work at the convention. Oh, I'm sure it's the grinder hot spot in the, country. It's actually, there's probably only like three gays there. So it's actually kind of

mostly women. You'd love it. But I don't like the fake ones, you know. There's not all fake ones. But their lashes are probably just like weapons. Hit you across the table. Some of them. Blink. Kloskey's Apple, DoorDash and Asian playbook technologies. What's that? It's a workout app. You need an app to work out? Well, it gives you like all the, a workout plan. I'm a fat. And then it shows you how to do the workouts. I get it.

You worked out so you can go get McDonald's. And then you've been moed out $47. Buddy boss. That's a, a plug in for WordPress, website stuff. So that's more business. We need to figure out the,

is that annual or monthly? Annual. Okay. Shopify, Amazon, Netflix, McDonald's. This is endless, dude.

DoorDash, Pugteris, you eat horrible. by the way. You eat worse than I do. But you work out. Amazon, DoorDash, something, uh,

Quay USA. Amazon, ATM which are out, $120, who knows where the fuck that went, went to a restaurant, DoorDash and Freebirds, Waterburger,

Venmoing out $5. Stars Entertainment. Someone pays for Stars Entertainment. I didn't know the company existed today. I paid for it for like a month or two. DoorDash and be Terry. Door dashing fat weird something What the fuck is weird?

I think they're Doordash a bear to your house? What? Fat weird cookies. Amazon. Pete Terry's doordash and freebirds, door dash and freebirds. Oh. 7-11.

Door-dashing Waterburger Blanche Chronicles. I'm going to kill you, dude. This is crazy. Your behavior's out of control. Went through a bankruptcy. You didn't change anything. It's a joke. What a joke.

joke. Fandango. Where was Fandango for? A movie. Oh, that's right. I associated that with a concert ticket. I don't know why. McDonald's, door dashing free birds,

Dreamers? Can you just go in and pick up food? My, I know you have a car. I'm lazy. No shit. And that's not getting you anywhere other than another bankruptcy and never accomplishing your goals. Congratulations.

Dreamers, Amazon, DoorDashing Waterburger, door dashing something, and other Apple Bill. What kind of subscriptions do you have, man? All right, pull up your Apple subscriptions for me. Let's take a look. Oh, Dreamers is a shop.

So not just paying to look at other people's, but you're getting in your, what did you get? What did you get? Well, what, f***ing weapons did we acquire? Poppers. I feel uncomfortable to admit this, but we have poppers in the office. Oh. What's that for? It was the white, it was the secret Santa for our member stream and our, for our Hammer Elite members.

and hemer VIP members. Join our membership, support the channel. And you get the witness insane shit like that. Was not expecting that. Who got Cameron Poppers? Our newest employee bought the guy who runs our membership Poppers. Brave of her. That's hilarious.

It was very smart. Everyone was as far as with each other. Okay. An e-sign, AppleCare Plus. Oh, and there it is. There's Grindr. It's expiring. Yeah, but you'll renew.

They always do. Gave up Bumble. You just went for the hookup version instead. Yeah, that's quicker. It is, but you're not going to get anything sustainable from there. Do you want a partner? Yeah. Okay.

I don't know if Grindr is the way to go. You never know. I've gotten all my partners off of Grindr. Really? So, well, also hasn't been successful. One of them lasted six years. It's good. Didn't last seven.

It did not. Yeah, savings. joke. Coinbase. Okay. So what do we got going on? A ton of crypto. But how much in crypto?

Like cash or it changes a lot, obviously. What's your crypto account work today? I think it's sitting at 12K. What in crypto? Pull that and pay off your fucking debtor. You stupid.

No, no, no. I'm not even kidding. I can sell it today and pay off your 30% debt. Dude, I'm not even like against crypto or anything. I think you can incorporate it in a small percentage in a balance portfolio. But still, you have multiple 30% debts. Okay. So it was 16,000 last week. So I'm, I would love to take it out and pay everything off. But I've been holding onto this for so long. Like, I need to wait until the end of next year when

everything's going to pump. Like, it could be worth hundreds of thousands. I'm going to kill you. I'm going to kill you. It could be. It always could be. It always could be. The country could collapse. There is a pattern. There is a pattern. Pattern or what? In general, Bitcoin these days, when the market goes up,

Bitcoin kind of goes up these days. It's kind of what you're seeing in general. Well, if you look at it every four years, there's a huge pump. Like when Bitcoin went... You went and say we just had that post-election? No. That was huge, though.

That was tiny. It's going to go... It's going to be four or five times that by the end of next year. What is your confidence in this other than your manifest bull- If you research crypto... It was a huge pump. What are you talking about? It went from 58 to 96.

It did. That's the third largest pump Bitcoin has ever had. Oh, but it's not that big. What are you talking about? It's the third largest in terms of percentage increase. Other was 2020. And then the other would be 2023 into 2024. So what the f-you're insisting is going to go again?

So there's been three major pumps. And it looks like it happens once every half a decade. Yeah. every four years there's a huge And we just had one No, the last one was 21 and 22 So the next one is 25 and 26 Again, from June 2023 to February

24, that was the last big pump And then we went from July 31st To October of this year was another huge pump The same percentage increased just about Or same number added just about And then the last one one before that was from September 2020 to February 2021. You're incorrect.

I don't think so. I'm pretty solid on this. I think by the end of next year, it's going to be insane. Then I'm done because you're done. And it's as easy as that. Congratulations. Your life's a failure. And it will continue being a failure because of that.

That's not where I wanted the conversation to end, but I can't have a conversation with that. That is just, if I can't get you to pay off 30% debt today, when you easily could and make your life better and get closer to your goals, there's no more conversation to be had. I don't know why the fuck you came on. What a joke. We're going to go to the post show.

We'll have more pleasant conversations there and have a good time. But as far as this part, I'm done because that's a joke. What a sad excuse for a 33-year-old. That's rude. But come on. Like, what? Okay. You did a pumping dump?

Let me guess. You're out there buying a hawk to a coin. Mark Cuban was buying this coin. I bought some of it. In 30 minutes, it went to zero. 30 minutes? I thought it was pretty cool because Mark Cuban also lost a lot of money. Yeah, but he's a billionaire.

You can lose some money. You're a minus. He made the same mistake as me, though. Yeah, but you're a duff caner. Like, you have no money. You are a bankruptcy in there. To watch the Financial Audit Post Show, click the Joy.

button below. Lots of places can expose you to identity theft. Oh, no. That's why LifeLock monitors hundreds of millions of data points a second for threats to your identity, which is way more than anyone can do on their own. If we find anything suspicious, like new loans or changes

to your financial accounts, we alert you right away, all through text, phone, email, or the LifeLock app. Get the alerts that could make all the difference. Save up to 40% your first year at LifeLock.com slash special offer. Terms apply.