Financial Audit - Bottle Girl Lives in Delusion

Episode Date: January 29, 2024

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A lot of things. Mainly I'm a waitress in the nightlife. And I'm also working at a law firm. And with Houston school, I mean, independent school district. Whoa. Wait, what are you doing with Houston Independent School District? I teach cinnamon, like, well, the kids are not interested in that. It's basically like a program.

It's called Diag, where they have, like, consultants come in on, like a 1099 contract and teach like various topics like um fitness spinning um yoga i was you like run the program no you just teach a class you have like oh you're teaching a specific class what class do you teach i do cinnamon acting but now i have to try to turn it into like a social media type of thing because the kids are not interested these are seven graders and they just really want to go outside so okay and then night life cooking no um I'm a waitress. Well, nightlife waitress, sorry, yeah.

Okay, so just working late into the night for that. What is nightlife waitresses? What, like at a club? Is that what that means? They called a bottle girls, but we say servers. We say waitresses, honestly. I've been doing that for like three years. So that's really like, that's why I said that's like the first thing I'm kind of known for.

So something. That's what you're known for? Yeah. I guess like you can say that. Like actually? Yeah. Oh, okay. Why are you known for that?

Because it's like a kind of kind of. competition if you just said that way because in Houston that's like a I want to say since like 2020 when corona happened and everybody was out here spending their money well I'm here I mean in Houston spending like all their money and stuff blowing it on bottles and stuff it was like the time but that was my when I first got into it too and I was just about to graduate college so you're making a lot of money how much you're making it not it don't change because at this I'm saying right now right now from the club from everything from everything from everything From everything.

Just what I feel like I see. Probably. No, how much you make it? Not being being honest that I don't keep track. Like, how? Because I feel like as soon as I get it, it goes away. Why does it go away? I spend it.

What are you spending it on? Personally, I feel like maybe DoorDash and Bills and DoorDash and DoorDash. DoorDash. Now, that's like my guilty pleasure. That's one thing I know I have to like delete the app. And what's the other job? You gave another job. the school?

The law firm? The law firm? I've been at the law firm probably like almost three years. I'm a supervisor over like the litigation unit. How many hours a week do you work? I'll be working. I'll be working.

Yeah, how many hours a week do you work? Now I switched like this like I just changed my work schedule literally this week. So now I'm part time at the law firm now instead of full time. Why? It allowed me to have more space. I'm actually making more money this way. Okay. I have, um, now that I'm at H-I-SD, that's $30 an hour as a contract worker,

meaning those taxes aren't getting taken off now next year and be thinking about this. And then it gives me, um, I'm not- You mean that you're getting more, but not really because you have to set aside money for taxes, but that's not real because you're just blowing it all. But the, that's not working. I'm, I'm, okay, this is my, like, I'm blowing it, but it's not like me blowing it on, like, splurgeon. It's more like a... You just said it was DoorDash. That's splurgy.

No, that, yeah. Everything else is like bills and like stuff I'm obligated to pay for. But I'm, and to be, to be honest, I'm not taking care of everything I should be taken care of. But it seems like... Why? Why, whoa, whoa, if you're not taking care of stuff that you're not supposed to take care of, why are you getting DoorDash? If you think about my hours that I work, I don't have time to cook. Sandwich. Have you ever heard of one of those? Yeah.

It's a grand new invention. Yeah. Yeah. Two slices of bread. When I tell you clicking, it's more easier than making that sandwich. No, it is. Of course it is. Of course it is.

That's where, that's what life has gotten. It's also beyond more expensive and you're not taking care of the bills, according to you. Yeah. I take care of the bills. No, you don't. Not all of them. I've been through your money. No, you do not.

All of them. I can say not what I'm supposed to. But they get done. But I have like, I was just going to say, the rainy days come. Almost every day. It felt like for a long period of time. Mercury was in retrograde for like seven years, if you asked me. It was.

But a lot of that was financially your choices. You're blowing it all on DoorDash. So what the f- Yeah. Mercury, you did it. Yeah. You're your own planet in retrograde. I want to be laughing looking at this.

I'm not like to look like this. No, it's not. It's not. Yeah. I'm trying. Okay. So income, you have no idea. And you take a contract the job because you think that's more money, even though hourly it might not be.

You're just getting more hitting your account, but you're not even thinking about the money. You have to set aside for taxes. Fun fact, you make too much money. You actually make $10,000 came out. $10,000 came in. Well, that was like I was explaining, that was a weird month because I was taking care of stuff in the club. So money had to pass through my account. Pass.

So that, what was net then? How much had to go out through that? How much that was not yours? Probably about to keep. How much of the 10 did you get to keep? Like five. No, less like six. You got to keep six.

Yeah. Even still, with $6,000 a month, with where you'll be tax bracket-wise, the money that you're getting from the contracting situation, you're going to have to pay taxes. Okay, so my question is, this is why I was asking myself, and this might be a dumb question, but this is a real question. Is it going to cancel out because of me still working a law firm? I mean, because I still give a taxes to take it out from that job.

You're getting taxes withheld from that income. You're still going to have to pay tax on your other income. Unless you're over withholding from that income, then it'll help, it'll count, not necessarily count towards it in a way, but mathematically can be viewed that way. Yeah. You're probably not, like, overly massively overly withholding. I'm only going to work at six months.

What was your tax return last year? If you even did it correctly. What do you mean? Like, how much I... How much can't? back or how much did you pay maybe you paid extra i didn't pay i know i got i got money in how much probably probably not i don't remember well if it's similar to that then first of all did you even claim all your income that's a whole other question but either way especially with the bottle service

probably not that's hard to keep track of my gosh yeah but now i'm being more cautious of it because i'm trying to get out of it that was what out of nightlife why why I have so many reasons. You're such as unknown for it, though. Sounds like you make you killing. At some point, like, we make money as the world spends it, if that makes sense. So we have our slow seasons. And this is like, this is like, now I've seen it, you know, like.

So, and then also it's very, I'm about to be 25 this year. I'm not trying to still be. I train girls. If you don't like it, that's fine. Yeah, that's what I'm saying. I'm like over it. So the past couple of months, That's really been my drastic changes.

My financial situation is that me trying to like stick to my moral compass, if you can say. I had to like, what? I wait like the money. Like I had to stop thinking about the fast money and just pull myself out of the club, if that makes sense. But you already were basically negative on everything. So what the, what are we doing now with even less? It was slow season when I did it anyway. So it wasn't like you still made money, even if.

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Mathematically. I don't know. mathematically yeah but sometimes just not worth it like well then you replace it with another income source have you yeah what the contracting thing that you're not setting the side money for no taxes lift injections so um what the is this a fourth job that was kind of why i um open up time and i only work my day through Thursday technically so me allowing myself that time okay that's why i took the two part-time jobs to give myself the weekend And it makes sense.

For some reason, somehow it makes sense now. How? You've got to explain it in a way that makes sense if it's going to make sense. Okay, so, okay, literally. I don't have to work nothing, but I can't go over 30 hours at the law firm because I'm part-time now. The contracts of that's $30 an hour, up to 25 hours a week, without the taxes being withheld. And then with the law firm, even with that, if I work 19 hours, my check going to be like 700.

To me, I was about to leave the law firm. I had turned in a letter of resignation. I wanted to just do the whole H-I-T thing. Now I feel like that can replace the club because, oh, that might not. Saying out of loud, it don't make sense. Oh, gosh. Ruin me. It don't make sense.

But I only work Monday through Thursday. So now I can take more clients because I couldn't take more clients. How much you're making off these clients? Right now, I just started in November. But this is like. You don't have enough. to survive even when you're bringing in more money. So how does this make sense?

It makes sense to me. That doesn't, that's not how fucking the world works. It's not about the world. It's about me. You're the center of the world. No. But I'm the center of my life. That's just how I don't know.

It makes sense. Oh, what kind of? It's working out though. How? No, it's not. Because I'm taking more. No, it is not. Clients that you're not making any money from.

No, no. I can take more clients if they're $0. I was doing model prices. So. At first I was taking clients for like 150. That was like consistent. Now I slow down on, I'm gonna be honest. I slow down even promoting myself and all my content

because I focus on other stuff. Content. You gotta like these days, I feel like everything is so content-based to even promote yourself. It is, but it just sounds like you have a new job every three seconds of your life. But you're not making anything anymore. You've given it all up. You've given up the actual income sources.

Uh-uh. Kind of. You work Monday through Thursday. Mm-hmm. When you were making. bank kind of, well, ish enough. It wasn't enough. It wasn't enough, but now you're making less.

So it doesn't even make any sense. It doesn't, okay, to me, I think I'm taking that. I don't care about two you. There's also reality. I'm taking a hit so I can be uncomfortable. I guess that was like my whole, it makes sense to me. I don't care how it makes sense to you. Explain it to make sense in reality.

Okay, so I was complacent with the whole bottle girl thing because I was used to getting that money. So in order for me to take myself out of it, I had to make myself uncomfortable and just, that made sense to me. And it worked. It's like reverse. No, it didn't. You're not making money.

But it's, it's forcing me to. It would work if it had results. If it had results. Thank you. It's going to get there. Well, that's just, I mean, that's just a hope. It's forcing me. No, it's not a hope.

One thing about it, I'm going to, I'm going to make it happy. What do you mean? But you've never made anything happen other than not paying on your credit card. that just got like that when it I swear to you when I stop when I put myself out of the all it takes is one time and it was when I took myself out that club that one like what does that tell us what does that tell us you don't make enough money if you can't pay your bills we start a business when it's risk adverse and we don't have a ton of debt holding us back if we can't pay our bills we're not doing that we do it when it makes mathematical sense so you agree oh yeah

I agree then might you do it and why are you continuing to it I'd go back to the club I'm still there. Okay, I'd pick up more hours. I don't want to be a dream dacher, dude. I want you to build this business. But what a mature adult does first in order to take care. What, you're rolling your eyes? What the fucking you're rolling your eyes about?

Because, like, what? It's more, it's more to it. It's more to me. It's very, the club is very competitive, first of all. Like, oh, my God. It's not about me. I can't just walk in and pick up a ship. I'm not saying that.

But you've been successful at it. Yeah, but then I got tired of. And I'll ask my. Wham, wah, wham. I just got to cry. But I will have to go literally in order to, for me to, dude, I'm saying is you're not paying your bills. I'm paying them.

You are not paying your bills. I'm paying the ones. Okay, let me. We haven't even gone to the checking account. I've never seen so many overdraft things happening. It's insanity. That was coming from my savings. Yes, I know how it works.

It wasn't like, it wasn't like I was. You were spending money that wasn't in your checking account so it was automatically pulled from the savings in order to pay for it. Yes. But my check, my literally my pay. goes automatically to my savings so it's kind of like you know it's all door dache and book at least i was being honest about the door dash because i know that's like my guilty you better not lie we're not going to get anywhere it was like it was like it was the reason why i'm so intense as i try to get through try to get through people and show them what kind of

disaster that they're in but you didn't seem to even that you even care i do care why are you doing something to show it that you care i will be honest the only main thing i care about is somewhere to sleep so i feel like that's probably it might sound crazy crazy but all I care about is paying my rent like all things matter though you have if you have other bills that are important too I know yes we take care of the place we live in first and foremost because we're not getting kicked out on the street I agree with that that doesn't mean I mean it's childlike behavior giving up something that's a little tough and just saying oh we're not paying the rest of the bills it's very like job was like stressful and you just didn't like it it's just very yeah it's very

consuming. It's more than me being clocked in. It's like literally, I don't know, but it's just like, at some point you got to give that like, no. Welcome to adulthood. Welcome to the system we're in. I want to help people navigate the system we're in. But you can stay here and be, I wish, I wish. I'm still there. It's not like I just worked last night. Choice hotels get you more of what you value. Here's a little tune to help you remember. Same drive different day. Don't you wish you were getting away? Pack your beds and come. on through Texas, Ohio, Alaska, we're up there too. Comfort in, it's calling your name.

Save on the stay. Oh, and free waffles are yours to claim. Well, I hope you like my little song, book direct at storeshiltails.com. I just got off at 5 this morning. You're still in a cup. I do. I just told you I paid the bills that I feel like I have to. Okay.

You know, weigh him out. a joke. Come on, $186 minimum monthly payment and $29 of fees because we're not making the payment. $57 of interest was accruing. At least we didn't spend any money on there. Oh, we can't because we're $169 over the credit card limit. 2,269. Well, usually I'm not angry at people. I'm angry at the debt, but also you're just like, you seem like you just don't give it this and you're not willing to take a responsibility. You're kind of like a child. So I am a little upset. I'll be Pass due fee $29, $562 of interest has been accruing this year so far. Why have you never paid off this card?

Why do you not care about this credit card? What's your view on credit cards? One point, it was one point where it was almost paid off. Like, it was one point, these are like, this wasn't a couple purchases that got me. This was like, did something massive and that got on there. You go, what I'm saying? Like at one point, it was about the- So what I was actually trying to say earlier,

before I was cut off. Like, you're starting to build a business. You want to build a business, right? Like, I've been very blessed, completely thanks to you all out there, that I've been able to build a business here. I have full-time employees. I would never have gotten into that

without a 12-month-month-mergy fund. I would have never gone into that if I had bad dad hanging over my head, that the risk profile is just way too immense to go into a business like that. If you can't cover your bills, and you can't cover your bills, You cover some of the bills, the absolutely crucial ones so you don't become homeless,

but you're not covering your other bills. You're over drafting. It's you're not doing this in a right way. And I want to help coach you to the point where you're doing, I want your business to be successful. I want you to be successful, but you don't do that if you do it in a stupid way. You're doing it in a very stupid way. This I can agree with it. Cool.

So are you going to be mature? Yeah. Cool. Are you willing to put that shit on hold? Yeah. Make some money right now. pay this stuff and actually take care of this for the first time of your life? Okay, so you're going to work seven days a week, including more at the club.

Exactly. I just feel like the club can be taken out the equation. It can be something else put there. I don't know. What? I'm going to be honest. I think it's... Replace it with something. Tell me.

10 to two clubs is getting on my nerves. The after hours I can work with. And it's about the way I get paid. That's where my problem... Fine. Replace it with something. What are you replacing it with? What are you replacing it with?

something that's not building from the ground up. You know, that's hard. It's hard only because what can I do? Anything. I can do many things. One thing I do want to lean back into is just raw serving. Like raw. Yeah.

Yeah. Absolutely. Service-based industries are still desperate to hire. I'm not even going to hold you. I've been applying to like. Very skeptical. I swear. But it's really about the hours.

At the amount that you should, I'm a little skeptical. Ah. So you're not available for the hours that they need you. That they need. Yeah. Okay. Well, that's different. So I'll apply for like a weekend job because of the law firm and the HISC still.

You don't work with the law firm in the weekend. No, I'm saying, but they don't, they're not hiring. They want me there on weekdays. When's the law firm? Five to. What's the law firm? That's Monday to Thursdays from 830 to 12. Okay.

And then I go to HISD after. Now most places, well, and that's the club, right? No, HISD is a school issue. Sorry, sorry, sorry. And when does that start and when does it end? From one to four. So I'm doing two part time. You can still get like a bar shift, right?

For sure, but they don't, I don't know if they're seeing that. I don't know. I can put, I will, I will do it, but it's, it's like, how many do you apply for on a daily basis?

It's not a daily basis. It's like, okay, you're not doing it, right? You need to, if you want a job, you have to apply to jobs within that sector,

like it's a full-time job. You need to maximize your resume skill, maximize your interview skills through YouTube videos, through different services you can take advantage of. You're not, if you're saying you don't even apply to at least a job a day, you're failing. At one point, it was that.

But this is before H.I.Z came wrong. So this is all within, like, the last two months. HISD, I just started two days ago. This is all new to me. Up till last year, like, January 5th was my last normal day of life. I was working the law firm full time. 10,795,000. What's your degree in?

Criminal justice. Okay. Why are we not working in that in any way whatsoever? Probably by the time I was, about the walk across stage, I decided I don't do that. Okay, but you got a degree. We can at least utilize a bachelor degree to hopefully get into, you know, some positions and maybe customer service positions, maybe sales positions, maybe, you know, it helps us get

in the door. Yeah. It probably got doing the law firm door, which is great. I don't, so I think we could be making better than 30 hours an hour is not bad, but this is not many hours. Yeah. That's what's concerning about that. The law firm, I was getting 20 hours.

Now, I got my raise when I was about to quit. How much? It's 20 an hour still. Oh, that's the raise? Yeah. Okay. My thing is, and this is why I was about to leave, is because I was getting paid 1850, and I was only paying my rent,

just that job alone. It was literally only paying my rent. And that's when I got to back into my attitude of, okay, I can't say, screw the club, I got to get back into the club. That's why I'm slowly but surely back in the club now. But for a minute, I wasn't. I'm confident with the right amount of work, the right interview skills,

write resumes, maybe even picking up into traditional certification. Like if you want to work in tech, I can gift you one through course careers. They're great. I mean, there's a lot of different things. Yeah. If we can maximize those skills, dude, I can get you $50,000 a year. We're going to $9 to $5. We're going to $9 to $5. That might not be what you want.

We've got to at least take advantage. We've got to kill these bills, build up a fully funded emergency fund, 12 months probably, before you start this business endeavor. And right now, you're just like, like, around does just dipping in a little in these different pots.

Yeah, that's the word. Yeah. I don't know. I think we need to focus up. $10,000, $795,000 to sit alone. So it's your minimum payment, like $125. What? I'm not paying it.

I haven't been. I can be honest about that. That was supposed to be, because they've been going down on their own. So I'm thinking the government got something to do that. What? I'm at least to be honest. Are you sure you're not getting an automatic withdrawal?

Where would they pull it from? It can't be for my account. Savings. Garnishing your wage. garnishing wages before they hit your account potentially. I mean, that's an extreme step, but it's not unknown. It's not what I'm doing.

That's not you doing something. That's them doing it to you. I haven't seen it. Do you look into your pay stubs? Yeah. You do. For sure. From everywhere.

Why are you not paying this? Why are you not acting like an adult? No, this is, you see how they're saying? 2% paid off, 1% paid off? Yes, you've probably paid some money towards it at some point. That's not me. That's what I'm saying. saying somebody's on some magic right now I was going to let the magic keep happening and then

I was going to pitch and shit maybe Joe Biden went to take care of that like he said he would he tried the Supreme Court said no that's why I was waiting now I just graduated in 22 and 1 so if you can understand I felt like that was like it's like three years ago now do you we just had a conversation about my treaty I'm being honest yeah you're a child I was not thinking about that stuff I wasn't okay I am now so you're going to start paying yeah I'm very skeptical you're just sitting here? No, I'm being true. I'm just be agreeable.

I'm definitely being for it right now. Why, what has changed from yesterday to the moment you're sitting right here? This conversation. About me being, I have to grow up. I feel like I haven't said enough for you to all of a sudden be like, oh, I'm going to start being everything that I decided never to pay. Honestly, in the past, me having to deal with all these changes recently, I had to open my eyes to a lot of stuff.

Because like you said, I'm making any choices on my own. Nobody told me to go, nobody told me do anything. I literally did all this on my own. I'm making all these decisions on my own. They have five meetings to try to keep me at the law firm full time. It's literally me. They think that $20 an hour is what it is. Well, then you say no, and you find a better job.

It's not. Yeah. It's not what it is. Oh, 2018, Mr. Beachy Mirage G4. What's the interest rate on this thing? I think 11%. Now, let me be honest. I just...

You say that every time. Because... Just be honest. I'm just saying like, okay, this year, I pay, no, this, not this year. 2023 in like April that was my last time even having to pay my car note until yesterday because I paid a lot of my principal see that I was thinking about because it was what you mean when you got the loan you threw a big chunk of money at it not when I got it I was just started some point yeah at some point so you have to start the minimum multi payment now yeah just yesterday and now it's

140 it used to be 314 that's 11% I have a history huh I have a history with cars what I did something dumb. What? Okay. Now this, I can talk about it now because it was something just stupid. I got my first car, 2019. I needed a car because I was in college. I was going to prayer view and driving back. So I needed the car. I didn't even know how to drive. Got the car from Carvana, I think, was paying my monthly through, I want to say, I had a finance loan through Navy Federal. Then I got another car. I traded that in for a kid. Camerring in like 2021. Now, my interest rate because the tradeoff was so, I don't know the way for it.

I think that would impact interest rate. Well, something. Your credit score. Probably my memory is not that good. Not paying on credit cards. No, no. At that time, it was not like this. Your credit score.

Yeah, it was my credit score, but it was for something else. It wasn't for my credit card. I don't know what it was for. Bottom line, car got repoed and what's the crazy thing is I had the money. The exact to the dime, and this was so crazy, all that was in my savings. I just wasn't, that was the dumbest thing I've ever done in my life. That was, but I think it was a blessing in disguise because now my car note is way less. My car is cheaper than what it was.

But now I can actually afford my car payments. So, well, I could afford them then because I had the money. The exact, I literally spent the same amount of money to go good new car the same day. It was like, you could have sold the car. There's lots of options that could have happened. That was the dumbest thing I ever did in my life. With your daily interest, your interest rates close to 17%. 17% is death.

It is death. I think it's killing. It's not even worth it. You could pay this off, man. It's $10,000. When I paid it off, I was looking at that. When I paid off a lump sum amount in April, it was like $9,000, my balance. So this $10,000 is already like.

It just came out. Oh. Oh. So that makes... Okay. Now this is the absolutely just... This is... This blew my mind.

This is overdraft, Overchaf, Overchaf, Overchaf, Overchch, Overchchch, Overchchch. I know it's pulling from your savings because you're spending money that's not in your checking account. Why is the money not in your checking account? It's just automatically going to my savings. Why don't you automatically put it into your checking account?

Or transfer to the checking account. Overjave, Overchaf, Overchaf, Overchaf. Overchief, overchiff, overchep, overchep, overchep, overchep, overchep, overchep, overchchch, overchch. There's a whole other page of it. Congratulations, there's like 10 more pages of it. What the fuck? Why? Why?

I do now use my second savings. What? My credit union is weird enough to, like, let me do that. So I just keep it in my savings because that money is going to just be getting spent anyway. That's not savings. I do have a second savings account that you can't see. Because only I can see that. Now, you're not going to see it on there because I wasn't using that at that time.

I started using it this month when I started making much changes. How much is in that savings? Probably like $600 right now. That's good. Coming from a person like this, $600 is nice. And then I keep cash, I keep a cash savings because every one thing about me, every $1 bill I get, I save. So that's like my, for a server, that's a good little thing to do because I get a lot of wants. So that's like...

This account ended with $3,000 in it, I think. It's all just going to the checking to spend on... Shadow Creek and Happiness Nails and Skyline Deli. That's... Indent to go. My daily... Cash app. Please don't be what I think of it is.

No, no, no. See, that was one of the things I said was weird because of some stuff I have to do for work. More cash app, Skyline, Delhi. That's my daily coffee. Cash app, Skyline. Daily coffee. Make it. This is being transferred from your savings to pay for it because you don't know how to be responsible.

Lucky Inn. Lexus Nails. Lucky, luck in. Cash apping out money. Go and getting some bullshit from the gas station. Tequitos, whatever. Transfer from STD. I don't know.

Wondry That's what it says This has STD, but I'm sure It's not Landry's St. Louis Lucky and Hilton. What was? What was it? What was it?

A steak. It's not worth it. You don't have money. It was worth it that day. Yeah. And what's not? You are a child. I said that day. That was 2023. Oh my gosh. 2023 was

19 days ago. I'm changed. I'm changed. I'm changed. I think you're just taking this as a joke. I'm serious right now. It doesn't feel serious to me. Zell and money.

Apple, bath and body, perfumes. It was my brother's birthday. It was my brother's birthday. I'm getting out of debt so I can start my business to give you better birthday presents in the future. Apple.

Golden something. Apple. That's my sweet. I have to pay for it for my business. That's every week. which one golden i have to pay her every week for my suite which is one thing i'm trying to change you rent the space oh no oh no what's your weekly cost 150 dollars oh my gosh what have you just done to yourself now that is something i said that the thing the other thing was one of the dumbest things every day about

$150 a month on average. What? My heart's racing. Mine is too, and it should be. It's a natural reaction to this disaster. This is endless death. So let me ask you a question. This is my dog process this year because my lease is about to be up.

I don't want to give up on my dreams. I don't want you to do either, but there's right ways to go about it. There's a responsible way to go about it. I want to get something where I can do it all under one roof. You're going to sleep in this unit? No. Have the unit in my house. So this lease ends soon.

my least in some like where I live in June that is I'm I can leave what I want and I also have somebody renting out that space for the days I'm not there so it's not like I don't get money off of it if you get I'm saying like somebody uses it A little bit yeah you are not profiting No not profiting like I'm not seeing it back in

I'm seeing money but it's not like Stopping at the gas station getting into Stillie Ano and valet service, yeah, we can afford that. Stalking in a Circle K getting something bullshund. Microsoft, Apple. There's the golden team. Papayas, Apple, Skyline Deli.

Apple, McDonald's. Zelling out money, selling out money. I'm getting those McNugs. Can't afford it. You're not paying your car to student loans. You do not get some McNugs. Hot, spicy, no lettuce. I don't give a shit.

Selling out money. Apple bill, Apple bill. DoorDash, Zellin up money, Marshalls, Zellin out money, Skyline, Skyline, Apple Bill. Woo, Zelling out money, marshals. That was... Zelling out money. Cash F and out money. Apple Bill, fit to fashion.

Razzle dazzle. That was ridiculous. Everything has an excuse. No, like that razzle dazzle dazzle was ridiculous. I can admit that. Perfune Depot. Great. Getting Takedo at Chevron.

scooters it was my brother's birthday oh gosh is it his birthday every second of every day apparently he had a nice time my weekend good congratulations get out of debt yeah trip trache tekeira

tecure come on you're not starting your business on the right foot if you're just blowing all your money anyway dude like if we're into the debt and stuff I guess I would rather you pay that off and then start the business but if you're already in that situation

you're starting a business whether or not that debt's there blowing all this money makes no sense no sense I can agree only I guess I'm not being conscious of it because I was used to doing that stuff anyway

if that makes it. Yeah it's called growing up and becoming more mature growing I used to do it a long time I used to bad finances bad just things in general Yeah. I stopped because I grew up.

I'm matured. I think this is just my time where I know this. It needs to be. But man, if we have a follow up in six months and you haven't changed, oh, I'm going to be beyond upset. You're going to be upset.

I'm going to be upset. I don't know, man. I'm being for real. I need to change. Obviously. Phone is 418? Don't even give me started. What's going on?

Ask my mom. What does that mean? I pay her from bill and she likes to roam. And that What about unlimited For $70? I have unlimited I have a fucking mint

I work with mint as one of my resources Tell me about it please because It's under your name and bake account Just you do it Yes Yes You do it It's not me

It's under your name It's going to your account right Right Yeah So call them up and say, I'm not doing this anymore. I'm switching plans and your mom will figure it out. She's a big girl.

That's easier or said than done. No shit. Everything here is, but it's still something you have to do. But it's still something you have to do. That's my mom. I know. You can still pay for your mom, but pay for your mom $30 a month on Mint. $70 a month on Team Mobile.

I have Team Mobile. Yeah, but your honor, shit, plan. I day come. It was one of those transfers. Just change the plan. Dude. Change the plan. But for some reason, I don't know.

I know I have unlimited. It's something about that Roman stuff. It's the Roman and the international. Going to grocery store 2.8. Going out to 8, 4.6% of your spending. Miscellaneous bull stop. We do not need ever, ever. To survive 30% of your spending.

That sounds accurate. At least I was aware of it. Well, that pisses me off more. That pisses me off more. You're aware of it, but you chose to do it anyway, and you haven't changed the single thing. That pisses me off more. I'd rather have someone come here and I get them aware of it by going through the situation.

And they change it. You're aware of it, but you're still doing it. That pisses me off. I'm changing now. Just because you sit here. You're not just going to look good. You're not just going to look good because everything got called on. You're like, oh, but I'm perfect now.

I've chosen to be perfectly in this door. I'm not perfect. Yeah, but I fixed everything. That's how this works. I'm not fixing everything. I just told you. Look at this. I'm not fixing everything.

You're not going to pay on your stimulus? I'm going to pay on it. I'm just saying like if I was fixing everything, I'm not perfect. Like this will be at least this is. No, you've kept, you've kept making it sound like from this conversation right now. Everything is going to be good.

Yeah. See. That, I do not believe that. I want to have a follow up with you because I'm being serious. Yes, prove me wrong, please. But usually when I get through people and I've seen them make progress on the private

Discord of past guests and stuff, you know, they're still like, it's going to be hard. There's still like something to get through for you, for you just saying, oh. I'm just going to do it.

This is like I just don't believe it for a single second. I'm being honest. Okay. I think maybe a part of me just don't want to do it, but I'm going to do it. I think I'm just holding on to what I'm used to. I'm used to door dachian all the time. It's part of, but I'm going to have to change that. I'm going to have to go start making on sandwiches.

You have to, but will you? I don't. Yes. I'm serious. I can't. I really hope so. I literally. Because it's your future.

It's your future. That's what I'm saying. I need to. I want my business to work. Yeah. I want it to do as well. I hate the club. I hate the club.

I know you do. That is my driving force of everything is to get out of the club. That's some changeable. I know you're okay. Welcome. Okay. What's your rent? Your rent?

15. 100. 16? 15? Just about. No, what is it? Okay. Oh, I'm sorry.

It's a lot. It's a lot. I know. It's this is the most natural reaction you could have to this. Seeing everything laid out for the very first time and being called on actions is one of the most important things that many of us can have happen in our lives when, you know, we know it helps us. So I get it. Very natural. You're okay.

You still look great. Okay. My rent is 15. Tell me through your emotions. Talk me through it. What are you feeling? Like, I should have been. Just like I mentioned with the card date, like, I have the money.

I just literally was, I get caught up in life. Like, half of my late bills are literally because I forgot to pay. I have the money. I would just forget to do something. Honestly, you recognize that. That's what the most important thing is. the skepticism is just from the conversations I find this on the show

and seeing how people leave here and what they actually do. But truly, if you believe it, that is the most important aspect of this show is digging in to people, really showing them the nightmare situation. And these are your true emotions showing that have built up

and, you know, releasing and realized just how bad this is, if that's what it takes, man. then I'll, you know, then that's good. That's a win. It's a win. Because this is, it's being recorded. Fine.

Okay, it's going to be up there. It's content for people to consume, whatever. People are going to hopefully learn from it. Hopefully some people are going to be entertained by it. Hopefully you're getting something from this. But in the end, this is your life. Life is not something to f*** around with. You know, whether that be from my end or your end,

I want you to do so well as a. human being on this planet. I want you to do so well, but it requires immense sacrifice and immense change. And that's what I'm always scared and skeptical of people being able to take that leap. But if you realize how bad this is and I think you're finally starting to, I think that can be the motivation you need to at least start the journey. What's going to be crucial is keeping you on along the journey. Yeah.

Okay. Well, utilities on average. You live alone. Yeah. When's your lease done? June. Okay. And you're considering getting what?

Like a two-bedroom with one being a place for the lips and stuff? Mm-hmm. Okay. So rent will be about the same. But we might give up the $6.50 from the place you're renting out, the extra place. Yeah, that'll be. Okay. What are your utilities on average?

Lights and all this thing. Gas. The gas and stuff is included inside my rent, so lights would be like 180 now. Okay. And then probably Wi-Fi like $60. 60 for a net? Okay. Dash pass is canceled.

That's beyond canceled. You're no. I wasn't even using that. BT Plus canceled. I don't even use that. Exactly. That's how most subscriptions work. Looks like you use $86 and gas, like,

like room, room gas. Is that based on the show? Yeah, that's based on what we gathered from your statements. And not including like the couple dollar purchases when you stop there. Car insurance $2.29? Oh. And that's something that gets on my nerves. Okay, phone.

We're getting it down to $200. It just has to be. It's going to be meal on there eventually. Oh, I mean, if you stop paying for everybody. Because I'm paying my whole family. Oh, well, that's. That's why it's such a sense. Yeah.

Well, I didn't know that. Yeah, you need to take care of yourself. It's going to be a hard conversation. Because I'm not going to lie. My sister is with me now, too. That's why I was there like. Okay. Then I'll keep it at 150.

Let's count it you and your sister. But you do need to set clear boundaries with the family when you can't even take care of your own bills. I'm in my house. She's with me. No, I know. Like, technically my utilities could be less. Does she pay rent? I am so.

Not yet. Yeah. Okay. That's a conversation to be had. That's a conversation to be had. And it's a conversation with your family to be had that you're not taking care of them anymore. You're not subsidizing them anymore. You're taking care of your own life because you need to be able to retire at some point and not die in poverty.

Yeah. So it's a conversation you need to have harder than done. As you said, as I always say. But it's a conversation that needs to be had, needs to be had regardless. $300 for groceries. I don't eat that much. You go out to eat all the time. That's why.

Yeah. So that Toil paper fund This is anything else You need to exist Really anything else I just called the toilet paper fund Because

This is what I called it the first time $100 That can be car maintenance Sometimes it can be like Stock it up on total paper Then I think it would be Toothpaces You know whatever it is

Anything else you need to survive Other than obviously Paying your debt Paying for those raggedy club uniforms It's actually an expense Okay And that's I think what we're doing

Honestly I think what we're doing This is not going to be an instantaneous thing, but we're applying for jobs. Like it's a full-time job. Utilizing our degree, looking for a 9-to-5, and we're probably quitting all the jobs you have. Once you get accepted into a job,

and we're doing a 9-to-5. Temporarily, while we pay off the debt, get a 6-to-12-month emergency fund, and then we're going all in on the business. Come on. Please be aligned with me there. Please. But because...

What? I mean, technically, I can go back full-time at the law, right? I know. but we can have you making more money. I know you can make more money. I know I can't. So I want to, first of all,

you're going to go through our budgeting program, so you're going to know how to actually do this on your whole thing. But besides that, we were also doing, you're going to be working on a, do a resume builder online, they're not much, it's a worthwhile investment.

And watch YouTube videos, great free platform around right now, on interview skills. And then I want you to set a threshold, like 20 jobs. a day minimum that you're applying to remote in person hybrid all office manager customer support blah blah blah blah blah blah blah blah blah blah blah you're doing it you're doing it we're shooting for about i want to shoot for about 30 35 an hour shoot for we might start around 25 but even if we're

working 25 full time set of two kind of part-time jobs we'll make more eventually yeah um and even if you're working a job in the evening temporarily you might be working seven days a week all the time just to get out of debt, which is okay. Your debt minimum monthly payments is $451 that we're going to start paying. Guys, it's a new year and you need to make your money work for you. You can do exactly what I literally do right now and put my money in the best high yield savings account. So far, I get a 4.6% yield on my money and I also took advantage of the bonus of up to $250 when I signed up. You can start 2024 off amazing by doing the same by going to the link in the description below.

So let's see what we need to survive. And yes, again, when is your lease up again? June. So I'm still calculating the $6.50 towards it. Because I doubt you're going to give up that studio, right? I'm not going to lie. I've been thinking about that for the past like two months. Cut it now.

No, it's cut. It's not even a question anymore. The fact that I even allowed myself to consider it. It's going to be another month at least. Stop. I have a contract. Stop. I have a contract there.

Oh, but you said you could stop at whenever is what you like literally told me. Okay, fine. Another month and then you're not. Yeah. She's a nice lady. Fantastic. Congratulations to her. That does not dictate your financial future.

But the same way like someone, I let someone use Monsweet, I'm sure somebody could let me use theirs. That makes sense. Okay. But it sounds like you want to run it out of your place temporarily. Actually, no, I can't. You should go to people's places. Why don't you be on the go? The only option because...

When do people rather have like an at-home service? Actually, no. I don't want people at my house. Huh? I don't want people at my house. I can't have people at my house right now, but... No, no, no. In your new apartment?

Yeah, and my new apartment is. Right now, no. That's really what my hold-up is because I have an awkward six months. Listen. A pain. 3,000-fifty-six dollars is what you need to survive on a monthly basis after this month. That's your minimum. I do not know what you make now.

You do not know what you make now because... I'm in the... That was weird. We stopped making, we dropped many hours at different places. Things got weird. I don't know, but that's what you need to survive. Now, I know for a fact with your degree, with your resume experience, if we improve some skills on resume building and interviews,

and if you want to get certifications, anything like that, cool. I know we can at least bring in $5,000 a month. Net, $5,000 a month, net, giving you an extra $2,000 a month. I know we can. I know we can. First thing you do in that situation, build up $3,000. That's a one-month emergency funding course in case anything happens. after that, pay off the quicksilver card. You'd be able to pay that off at that point within a month.

It's in a month. No spending on it. Not even close. Not even a question. Not even the consideration. I don't even pay. Any monthy payments until then. From there, that insane 18% death insanity on the stupid car is paid off in five months.

Five months and you own the car right out. It's awesome. Six months, quicksylvers gone and the car is paid off. Fantastic. One and a half months. You have a one-month emergency fund. So in total, seven and a half months. Student loans, if the interest rates are what I think they are,

if they're below 5%, minimum fee payments, set it up on a traditional repayment plan, 10 years. And it's not going to be much. It's going to be like $125,000 a month, but minimum monthly payments so that paid off. What I then need you to do, if we really want to go all in on this business, which is a risky venture,

so we give ourselves an extra buffer with where the debt minimum of payments are going to be gone, we're going to need about, $2,600 on a monthly basis to survive, call that 12. $31,000 is what you're going to save up. $31,000 with the additional $3,500 you have left on a monthly basis, minus the $3,000 that you have saved up in your emergency fund. Divide that by the $2,500 you have left on a monthly basis.

It's going to take about another 11 months. Now, you can be a little more risky, cutting that in half, having a six-month emergency fund before you go all into the business. I'd still work on the side, just cover the basic, necessities, about $2,500 on a monthly basis. But, but I would try to get the 12-month emergency fund if you can. Now, best way to do that, increasing income by working every single second of your life.

I don't, you don't have a ton of responsibilities in your life as far as I understand it. Come on. Responsibilities, like extra things you have to go do. Have to, have to. There's obligations, but have to do. You don't have to break that down to more. 9 to 5. Uh-huh.

And then after 9 to 5 to 9, a 5 to 10. I feel like that's my life. It is, but you're doing it in a terribly unproductive way where our toes are barely dipped into things that are not milking us a good return. So we're getting you a decent 9 to 5,000 to $5,000 in net. This is all easier said than done. But that's what you have to shoot for by working on the resume skills and the interview skills and applying to minimum 20 jobs a day on LinkedIn. Let me do you. Oh, gosh.

Okay. I did this seven days a week thing before. No, this is temporary. Do you not understand that this is temporary? I understand that this is temporary. I did it before. I'm telling you I had a seizure on my sleep, and that's scary. Was it because of that, though?

Is that what a doctor said? I feel like I was my lack of sleep. I was not getting sleep at all. No, no, no. We don't say, I feel like we go see a specialist, and we determine why. That's how I felt. I don't care how you feel. We see a medical specialist, an expert, and we try to get diagnosed.

We don't dictate our lives around A, I think. I know. If a life-threatening event happened, if a life-threatening event happened, we see a specialist, because you're 24 years old you're probably on your parents health insurance Okay take advantage of that There's gonna be co-pays There might be some out of pocket expenses

It's gonna happen I'd rather save your life Yeah So I would actually go see your doctor Like immediately this week Dude you had an actual season right I'm so serious yes Okay

I connected it to I don't give a you connected it with So I need I don't give a shit I need you to go The reason I don't give Because your life is too important for you to be like I think this is why. You're going to go see a doctor.

You're going to start going through the system. You're going to try to figure out a diagnosis. And they're going to tell you what kind of extremes you're going to go to. Now, sleep wise, I said 9 to 5, 5 to 10. You're still going to get eight hours of sleep there. That's chill. You're just not going to have a lot of free time. But it's okay.

Free time is less money spending. You do not have money to spend. I know what I'm saying sounds so hard, but I'm talking for the sake of your business. I wanted this to be my business. So I saved off a big, fat emergency fund before I went on. all in on it. That's what you got to do. It's the sacrifice that you don't want to do,

but it's what you got to do for your dreams. Because your dreams in your life are more important than these deaths. So go kill them. Because I think you can actually bring in about an extra, I think you're on top of the five bringing in, I think you bring in an extra $1,500 net on a monthly basis. That speeds up this whole process. I think in a whole year at that point,

close to a whole year, all the bad debts are gone and you'd have a comfortable, enough emergency fund to be able to dive in on the business for the vast majority of time. A year of sacrifice at 24 is nothing, nothing, nothing, compared to the decades and decades and decades you have left in your life, nothing. Fingers cost. What do you have thoughts on all that? I know that's a lot.

It's a lot to think about, especially the sacrifices. I already kind of sacrificed my free time anyway, so it's not that big of deal. I know, but you're not making progress. I'm giving you the path. Yeah. So what do you think about my path? I think I like it. You know, like, the fact that about the year, it sounds nice.

It sounds lovely. Because like you said, comparing it to the years and decades of just working in industry to try to pay off the same thing when I can handle it now and then be comfortable, I'd rather than. Go through the budgeting program. That'll help you at least build out a budget and know what you need to live. From there, you just need to work and pay off the debt and only stick to the needs and the budget, which is so hard. It's so hard. But it's so worth it. It's so worth it.

I personally did it, and I know you can do it too. One of the things I want us to get once we're in the business, and we're paying taxes, everything are good. That's when the exciting things happen. We start to build wealth. We take advantage of the years we have left of compound growth. You start investing 20% a month will still be good for you in your situation at that age. You can throw it in solo 401Ks, things like that for tax advantage accounts.

If you want to buy individual stocks like I do, I throw it into moo-moo. That's really great. That's what I personally use. There's so many different things that. That's the exciting part. And I am excited to talk to you about that when that happens. But today you need to take care of. Now, it's not an option.

It's not an option. Thoughts, questions, comments, concerns. More scared to anything, but I'm ready. It's good to be scared. It's good to be scared if that's a driving motivator for you. Yeah. Good. I really, really, really want my business to work.

I do too. Sacrifice for a year. Go crazy for a year. Because working for other people constantly, every day, is dragging me down. So, I'm ready.

Sacrifice to get there. No more door dash. It's obvious that across the board, add up everything across the usual category is hammered financial scores. It's not going to be higher than zero. So zero out of ten, make sure to check all the resources.

Link in the description below. They are what I use or would use in specific situations, including the best budgeting program in the history of the internet. Thanks to all of our Patreon producers for making this episode possible. If you want to participate in an episode of financial

audit and you're able to make it to Austin, Texas, please fill out an application in the survey linked in the description below. You can also send a link to your friends or family who you think might be good to be on the show. If you have any questions, you can email casting at Calebhammer.com.