Financial Audit - Degenerate Son Exploits Parents | Financial Audit

Episode Date: July 3, 2024

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To watch episodes of Financial Audit a week earlier, check us out on YouTube. A couple hundred dollars to a, you know, a couple thousand dollars. Not really gambling if you ask me. What do you, what do you mean that's not gambling? I don't always lose, you know, sometimes you win. Nat, you've lost, so you've lost. That's all your income with both your jobs. It can't be that bad.

I mean, I know I need to stop. I don't lose every time. Are you going to fucking me right now? What the fuck are you talking about? What are you talking about? Like legitimately, what are you talking about? I never claim to be a good game. My name's Trenton. I'm from Minnesota. I'm 22 years old and this is financial audit.

Welcome down from Minnesota. It's cool. Fellow Midwesterner. I'm glad I escaped and welcome to escaping. What do you do for a living up there in that barren, snowy wasteland of freezing? Yeah, I work weekends for old Dutch foods. So I stock shelves with products that are already there. Okay. How much do you make doing that? job? Probably around 30 grand a year, maybe a little more. Just weekends? Yeah, no, it's a really good job. Okay. Wow. Yeah. Okay. And is there another? Yeah, no. Then I work delivery driver for a pizza shop called Shanaclear. And I work like two to three days a week there. So okay. And what are we bringing in with that one? Probably around 20,000. A little more, a little more after tips.

Where are we working more hours at the Dutch place? Well, it's just a weekend. So if I were to go full time, it'd be Monday through Friday. Yeah. But the pay would be less. How much? So I'd probably start at like for the month, just the Monday through Friday would pay about $42,000 a year at the minimum. Okay. But then once I would, if I were to do that, I could get like my own route and I could

make up to maybe $60,000 a year. Gotcha. And then the weekends on top of that. So another. So obviously we have some debt, we have some spending, but I want to ask you, give us, me and the audience, this is a little background. What are we looking at here? So a lot of my debt and stuff comes from my gambling. So I...

22. Yeah. Well, I started when I was 15. How? Wait, how? Well, you know... You had a fake? No, the casino is just...

You get to know which. Which ones are tight with the security of which ones are not. The Minnesota accent is, it's a powerful one. Oh, you betcha. I love it. Okay, sorry. Yeah, yeah, but anyways, I was 15. I brought $5 at the casino set at a blackjack table.

They allow that? 15-year-olds? Well, no, but they didn't check my ID because I've always looked older. Okay. But you don't look old. Wow. When I was younger, I looked older. I actually had a similar haircut.

I guess so. Yeah, if mine hung over it a little bit more on the sides. Yeah, anyways, but I turned $5 into $200 at a blackjack table, and then ever since then I've just kind of always wanted to keep trying to repeat that experience. You're into debt for the gambling? A lot of it... Because of the gambling? A lot...

So what I would do is my American Express would allow me to send money, like Venmo money to my friends off of my card, and then I would just have them give me cash. Okay. So, what does this gambling look like today? Um, kind of the same thing, but... How are you gambling and with how much and what are you playing and where and why and when and what... Anything.

I don't know. I like playing blackjack. I'll play it... I'll gamble on anything, anywhere. I mean, if I think I can make money, I'll bet money towards it. Okay, and how often? Lately, it's been like maybe once every other week for like big time gambling trips Where I'm going to be where I'm going to be spending a couple hundred dollars to a, you know, a couple thousand dollars

But a lot of times all- Every other week, so like four thousand bucks a month? I mean, I don't always lose, you know, sometimes you win Yeah, but net have you lost or won? Well, I've lost quite a bit. That's all your income. That's all your income with both your jobs. If you lose it all, net, have you lost more or one more?

Lost more. Okay, so it's not about sometimes a win, sometimes I lose. Net, you've lost, so you've lost. I never claim to be a good gambler. No, of course not, but that doesn't. But you spend, if it's really $2,000 a week, every other week? I mean, on the top end. you know it's not always that much and I don't always lose all the money but 52 divided by two

no it is okay it's like 50 okay that's wild so you're clearly addicted oh yeah definitely can't get away from it and like me and my buddies even when I'm not like going to the casinos and gambling you know the bigger chunks of money like I feel like once a week we're hosting like poker nights where we buy in for you know 2040 bucks between 10 guys and then we play like tournament style like winter takes all or but this addiction it's obviously brought financial stress to your life and potentially other stressors I don't know what have you done to combat it or get help or do anything I mean there was a while there last March till like August I didn't gamble at all okay Or besides maybe like, you know, the $20, $40 house games, which not really gambling, if you ask me. What do you mean? What do you mean that's not gambling?

Well, it's, you know, it's like going out to eat. It's like, oh, 20 bucks. You know, it's like going to see a movie. Yeah, but if you're addicted to going out to eat and then you go and get a cheaper meal out to eat, you still went out to eat. Yeah, I guess that's true. So you never stopped? No, I guess not then. And then what made you get back into the high roller?

I don't know My buddies Asked me to go one time And I just decided to And then I kind of Wanted to start Keep going to the casinos again So is your friend group

A big gambling group Very big gambling group You know I mean you know the end result of this right The end result of this is you probably can't be friends with them Which is so Hard It's so much easier to say than do Because what are we without friends

you need a support system, you'd be bored, you'd feel lonely, but also they're dragging you down, because if you want to get to go a better place where you're not addicted to gambling and spending your entire yearly existence on it and every single cent you make, you'll, you'd need to get out of that situation, but, like, how can you?

It's hard. If you ever sought help? I don't think, like, really, like, I've asked my friends to, like, not invite me to anything. But there's gamblers like groups. I'm talking like, you know, the... Oh, no, nothing like...

Why? I don't know. I always figured I could, if I really wanted to, I could quit by myself. And how's that gone? Not well at all. Okay, so that leads us to probably...

The other thing then. Good old gamblers anonymous. Yeah. Why not? I don't know. I suppose I probably should do that, but... Is the debt that we're looking at basically all because of the gamblers?

Or is there more here? I'd say it's probably a 50-50 split between gambling and then just like going out to eat and drinking and just going on vacations. And you were Venmoing from this card, this first card, you were venue money to your friends and then they would give you the cash? I mean, they weren't all super supportive of it. But they get it. Like I'd be, you know, down all of my cash from my bank account and then I would have to basically beg them. Do you have rent? Yeah.

How do you, have you ever missed rent? No. How? How? I feel like you're skirting the line. Yeah. I don't know. There's been, you know, occasions where I'll take out like a two-week loan from a buddy just to like-

Two-week loan from a buddy? Just to make sure I, like, don't miss a payment. Yeah, that should scream that you've reached. like you're basically you're inches away from bottom if you're getting loans from your friend so you don't miss the payment so you don't become homeless yeah like how close are you

to the bottom I'd say pretty damn close from that as of recently it's kind of been like well American Express I used to have a 30 grand credit limit on that and just recently they cut me down or they basically cut it down to like my 22,000

did they really? Yeah they basically kept me out. It's not reflected on here. so that happened after this statement. I think it came into effect like June 1st. Oh, okay. So let's talk about this. I want you to self-assess a score from me real quick, though,

your financial score, zero being the absolute worst, 10 being the absolute best. Where do you think you are on the score of finances? Zero. Okay. I'm not, I don't think anyone's super surprised based on what we've talked about so far. But that's tragic because you are too young.

You are too young for that, man. And that you're too young. If you had to be throwing your life away for this. If you want your hammer financial score, it's free in the description below. And if you have anything that you want to discuss with me on this show, definitely feel free to apply at calebhammer.com slash apply. Let's jump into the debt. This is insane.

This card is insane. The debt is basically your age on one card alone. Like, that's ridiculous. It's accumulating a thousand dollars of debt on this one card alone. loan for every year of your existence. So, Amex, we're sitting at $21,138.94. That's, sure, that's crazy. What's even crazier, the minimum monthly payment is $770.55.

What hits your account that we could see on a monthly basis that we could see, and please correct me from wrong. What's the mobile deposit? Tips? Uh, or ATM deposits. Is that tips? Okay. Yeah.

Yeah. We had payroll 1,468. We had Flash Seats 1,500. So Flash Seats, that's me selling my season tickets and that's just the, Okay. What's the ATM deposits of 2,640? Um, it could be, uh, me winning gambling. I'm not exactly sure.

How much hits your account from your earnings on a monthly basis? Jobs earnings. Jobs earnings. including tips should be right around 5,000 or no like four to five thousand somewhere in there it ranges with tips but 1500. 154,000 no the doesn't add up you said 20,000 from one job 30,000 from another job that's $50,000 you're saying net do you get 54,000 that makes zero sense do you either not know your income or not know what hits your account which one I don't know exactly

that like well my tips range like a lot like sometimes like it's a small pizza shop so sometimes i'll make you know 50 dollars one night one night i'll make like a hundred dollars three days a week though yeah and occasionally i'll work like four days a week if they like really need me but mostly it's three days a week how much can i trust because i can't see by the way because again payroll we had a thousand four hundred sixty eight year account we had a mobile deposit seven $1 again. Maybe that's gambling. Vettman and $257. A DM cash deposit $2,640. You don't know

what's gambling. You don't know what isn't. And then selling your season tickets. I'll talk about that as well. I don't know what hits your account. How certain are you on this $4,500 average? So I get paid monthly from Old Dutch.

How certain are you on this $4,500 average? I'm positive. Okay. Let's call out that then. Taking your word on that. The reason, like, like, I don't care if it's $4,000 or $5,000,

but if we have a wrong number, the conversation we have at the end of this where we do a budget and we try to figure out systems can be completely thrown off. And I'm having to take your absolute word on that. Amex. Yeah, $7.17.50.

$0.55. Okay, what's going on here? You made a minimum of payment. Then you purchased. You purchased $1,500. $33. That's crazy. That's an insane number.

You know why that's actually insane? Because it's your credit limit. Not because they lowered your credit limit because you don't know how to manage this. Would you like to join me in this conversation? I don't know. What was the purchase? Oh, $5 for $1 for what? You don't even know what you purchased.

Buddy, that's purchases that you had. Oh, purchases. Yes. I mean, it was probably just getting food and. So, They lowered your credit limit because you can't manage this. The minimum monthly payment is absolutely insane for your income situation. What is it?

Okay, $4,500 and the minimum payment is $7.17, $7.17, $5.000. $16% of your income goes to just one minimum payment on one credit card, and one of your debts out of the many debts you have. Okay. So we decided to go purchase on it? Bullshit food? Which is what you're saying. We didn't even go through the purchases,

but you're saying it's probably just been going in food. Nonchalant. You know, this is nothing. It's nothing. It doesn't matter. You think that's okay? You think that's acceptable? It's charging $511 and $28 an interest.

That's okay? No. Then why the fuck are you doing it? I don't know. I'm just trying to, like, because I don't have money on my other cards. So what am I supposed to do? Am I supposed to- Not go out to eat?

What are you talking about? If you do not have money, you do not go to Mickey D's. I don't know where you went, but we'll look at that. second. Does that not make sense? How does that not make sense? I mean, it does, but like, I just, I don't know. I just, I don't like to just sit and home, do nothing. It's, it's just super hard for me. I don't know. Good up for park. Both of us could use a few more miles of walking a day. Yeah, I like, I go out and do things, but. There you go. Mission solved. Problem solved. Mission accomplished. As you know, this channel is all about making sure people

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Why do we have to stop at a fast food restaurant on the way? I don't know. I get hungry. I don't want to eat what's at home. Then why don't you buy better things for home? Because it's just easier to eat out. I don't know. It is easier to eat out.

So laziness. Would you define your life around laziness? Sure, I guess. Sure, you guess. Yeah, I guess I'm lazy and. You know, what do you think? Like, we're finding it out. We're figuring out.

We're trying to diagnosis so we can try to come up with a plan. All right. I guess then I'm lazy and I... You guess. I feel like you're just trying to make it. I am lazy. Okay. I'd much rather go out and have somebody else make my food than me make it. Sure. I'd like to go out and do things with friends rather than sit at home and do nothing.

That's fine. That doesn't mean you have to spend money though. Yeah. I don't know. I'm not a bad thing. I'm not opposed to that by any means. Let's talk about laziness. Laisiness is interesting because what happens with laziness? Well, your laziness of this, going out to eat, pushing this to the credit limit, it's going to go above the credit limit very soon. because it's accruing $511 in interest every month, and it's actually going to start accruing even more than that because you started at $19,000, and it went up to $21,000.

So you made the balance bigger because you were spending money on things we can't afford. So let's talk about laziness. You do that because you're lazy. What happens to a lazy person later in life? Hmm. Well, then they're forced to either get or not be lazy anymore because you're going to have to start earning more income

because your minimum fee payments are going higher. You're kicking the count down the road. We're just building up more debt, more debt, more debt, debt. More debt's building up more debt because we continue to be lazy. Then it catches up to us and then you have to pay for shit. You're paying for all the laziness now in the future, which means you won't be able to be lazy in the future. You're making it hard for yourself. Maybe years down the road. Sure. But you're making it hard for yourself. And someone that has an addiction, let's be honest, I'm not going to shame the addiction itself, because that is a real thing that a lot of people fall into.

A lot of people fall into nicotine. A lot of people fall into d. A lot of people fall into drugs. A lot of people fall into, a lot of people fall into gambling. These are very real things. Not going to shame you for that, but as someone who deals with that, you, having this thing coming down the road that you're going to have to deal with is going to make your fight of that addiction 10 times harder. Because if you have to deal with all these major responsibilities that you're just kicking down, kicking down, kicking down, kicking down forever, how are you going to deal

with that when you're trying to fight one of the hardest things ever? A big addiction. you're ruining your potential of the future life you are making a couple years down the road maybe a decade down the road sure you're making that so much harder for yourself yeah I'm I mean that's what laziness does yeah I don't doubt I need to make a change

but I just it's really hard for me not to just go and spend money somewhere like what all I'm doing is I'm like I'm I'm working and I'm not at home for you know you know six to 12 hours a day like weekends I'm out on the road almost 12 hours a day like I'm gonna have to go like so I'm weekend service it's like a route so I do like you know you know 15 stores in a certain area so like when I'm out doing that I have to go get food somewhere so I and it's I don't have money on my this conversation someone tends a thermos have you ever seen a thermos

ever seen one of those yeah yes i've seen a thermos what's interesting what do they do uh they keep food warm oh hmm so your car big enough to hold a thermos it is big enough to hold a thermos it is big enough to hold a thermos interesting it's an interesting little tidbit hmm how's that is that an option yes that is an option it's good i love me a soup yum yum yum yum Samies, coolers, ice, things you can put there. Fruit, vegetables. You can get crazy. Be a f***o, put some milk in your cooler, eat some cereal on the road.

Be a freak. I don't care. Saves you money. I'm a freak, I'd eat cereal on the road. Sure, why not? All right, well, I'll stop. You will stop. Yeah, I don't really have an option.

I don't have the credit anymore. I think you can open up another line of credit, which is what I see a lot of people do on the show. So that's why I'm taking this very seriously. Because you're right. On here, you can't purchase anymore. But you could find more predatory services. Amex isn't bad. But people in your situation where they have this behavioral issue that they just cannot stop going out to eat,

all of a sudden, Credit One shows up in the mailbox. And they're like, yeah, I'll take Credit One. They start getting interest and fees. Yeah, I'll take the next Credit One. I'll take the next credit one. one. I'll get the next predatory lender and the next predatory lender. Then I'll get the next payday loan. Then I'll get the next payday loan. That's happened so many times on the show. That would be devastating for your life and you're too young. You are too young. Am I getting old? Kill me now.

You're too young to have a $21,138 balance that you're still accumulating. That had its credit limit decrease because you don't honor to manage it with a $717 minimum payment with $511 of interest of growing. You are too young for that. I mean, it's not like I want to keep you know, spending the money and keep growing my debt and all that. Yeah. Why do you think you haven't stopped? We've talked about laziness for sure. Yeah.

Have you recognized that laziness, though? Before this conversation. Yeah. I would say I have recognized that laziness, but. So what have we done with that then? When recognizing it? I don't know. I try to get myself motivated, but I can usually...

What motivates you? Money. Money motivates me. Okay. Well, you're not. losing it all. Yeah. You're negative. Negative net worth as far as I know.

Yeah, no. That's... What motivates you about money? Because money is more of a tool. I guess probably one of the reasons I get so far into debt is because I like, I guess maybe it's not money that motivates me. It's what money buys that motivates me. So what is that for you?

Vacations, nights out with friends. Life experiences. Yeah, life experiences. Okay. Well, you're now at the credit limit and you're losing your money with gambling as well. So that has all of a sudden limited what you care about. If that isn't enough for you to start turning things around, I really don't know what it is. Sometimes people have to hit rock bottom. Sometimes when we're looking at it from the outside, it's like, what more rock bottom is that? But people find a way. And I hope that's not what you have to experience first. I hope you can catch yourself on the way down. So the purchase is in here A record store thing

Or like an Apple bill Cub foods Golf Golf Go in and get in some booze Going inside a gas station Getting some bulls Animal Draft House

And I love myself in Animal Draft House Don't get me wrong But again we're at the cap And it's accruing hundreds of dollars inches In the minimum thing payments almost $1,000 golf course You're at the golf course every second of your Liquor again, do you drink a lot? I'm trying to quit, but...

Well, that tells me you drink a lot. Yeah, yeah. 22. Your life does not have to be this. Denny's, oh, no, tobacco and vape. $145! Okay, what is it? Yeah, so I'll just buy a disposable,

and I like to have a disposable and, like, it's like a vape that comes with juice in it, and then I like to have a vape that I can, refill. You're double fisting? Yeah. Shake my hand for a second. Hi, my name is Cam Hamer. Nice to meet you.

I have an addictive personality, just like you do. One thing I've learned because of this addictive personalities is I don't get into things that are typically addictive. For the addicted into those things that are find very addictive for most people. What I need you to do is we're continuing throughout life. Obviously, yes, you're combating these. You're trying to stop drinking and the vaping. That's the whole thing that you're going to have to, you know,

figure out and then the gambling. It's a whole thing you're going to have to figure out. As we're going through this year, four years into adulthood, we need to have some self-realization of your life. If you know you have an addicted personality, which from the outside is very clear to me, but, you know, I need you to figure that out. One thing I've learned that have helped me is I just stay away from that shit because I know I'll go down those lifestyles if I start jumping in them because I am a habit-ridden person. I am an addictive personality. That is something that if you think that is you, I want you to recognize, potentially talk to a therapist about, but also try to stay away from those things.

And if your friend group is pressuring you into those things because that's how they live their life every day of their life, it's not the right friend group from you, which again, I know is so hard because how do you not have friends? And it's so hard to get a friend as adults outside of college outside of, you know, maybe potential work or something. It's hard. I know I'm asking the world. What would you have me do then? Would you have me stop talking to like most of my friends and just keep around like one or two? It's probably a, I mean, we're all basically friends with each other. Yeah.

It's like maybe a group of like 20 of us. What do you guys all do when you hang out? Well, poker nights, going out drinking. Okay. Yeah, going racing up in Brainerd. We have a raceway up in Brainerd. And some of my buddies have like, you know, a couple hundred thousand dollar cars that just fly. I mean, I'm okay with that one unless it's sinking a lot of money into it addictive for you.

Well, but what we do up there is we just drink every night. Like, that's probably... It just sounds like it's just the friend group that is... It just sounds like this is not the friend group for you. And I know that's so hard. Yeah. But if you're around that every day... Lots of places can expose you to identity theft.

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I don't know what you're going. It's going to be so much harder to stop. Cub foods, dairy cleans, liquor again. Liquor again. Twins legend. McDonald's, Cub Foods, Alamo Draft House, Alamo Draft House. Getting some coffee. Go to the golf course.

Go to the golf course. Let me get it. Guess we're drinking and smoking on the golf course. Portello's hot dogs. China Panda. Alamo Drafts. What the f***left house? Almo Draft House.

I love Almo Draft House. You've gone more than me this year. McDonald's. Oh, it continues. What's holiday stations? It's a gas station. That's probably not gas with that price. Animal Draft House. DQ.

DQ. Portillo's hot dogs. Got our chili dog. Looks like. Hotel booking company. Where are the fucking you going? Maxed out credit card? Um, well, I was going to go to Vegas, but I've since canceled that trip.

Thank you. Why did you cancel? Because I didn't have money to go. That's certainly a reason. I would rather it be because you recognize you have a problem. Vegas is probably not the city for you. Yeah? No, I agree.

I need you to go to a cabin in the mountains or something. Tanner's Brook. Oh, golf course. Tenors Brooke golf course. Tenors broke golf course. You golf, you f*** you wake up. You go get some breakfast. Then you hit the golf course.

Then you see a movie in Alamo draft house. Then he's up at the liquor store. vape store, load up, and then gamble. It's like every day of your life. Not every day. I mean... Certainly one of those, or at least every day. I feel like if you don't have fun every day with something,

then you're... I feel like you just can't live because, again, this is like... Every day is at least something. Going to the bar, going to the bar, going to the golf course. Going to the bar, golf course. Going into a gas station getting to bullshit. Possibly. Bar, bar, bar, bar! Bar!

Oh, that's it. Thank you. Lost this year in interest so far as basically $2,000 just from one card. I mean, I could start, you know, just I have a membership to a golf course, so I don't have to pay for golf all the time, but it's just another thing. Like me and my buddies, we love going golfing. And I love that too. Now, with the buddies who are going golfing again, it's just encouraging, drinking, smoking.

Yeah, it's... So I just, I don't really want to get rid of my friends, because if I get rid of my friends, I feel like I'm just going to, you know, stay at home and I'm going to, like, start doing, like, dr. I don't know. I don't know.

Like, maybe I'll start smoking a week again. Again. So, yeah, I used to smoke a lot, but, and then, but I don't do it anymore. Good. But, like, no, I know. That's why I said it would be hard because I don't want anyone to, you know, feel like they're friendless and they're alone.

And that might push you to a worse situation. That's why I'm so scared. But they're certainly enabling you and you're behind you're surrounded by all these addictions that you have and you can't escape So finding friends is hard Are you in college? Are my friends in college? Are you? No, I'm not in college.

Okay. Are you friends with anyone at work? I got to have a couple friends at work, but I don't hang out with anybody outside of work Maybe try. Yeah, I don't know. I'm just, I'm not going to get rid of my friends like as much as like maybe there are bad influence on me. The bottom line is I'm making my own choices. They're not forcing my hand here. You know you're making choices though. I do. Yeah. But it's not, I don't know. It's not like I'm

sitting here and I'm just spending money every single day as much as you might think of it. You are spending money every single day. Oh, everybody spends money every single day. But I'm not going out and just. Yeah, but sometimes on bills and utilities. You had at least one bullshit a day. Minimum. You can look at it. You have eyes. I see them. Go free. Three pages. Trust me. Every day I can fit in three pages. What are you going to do differently if you're not going to get rid of them?

Again, I'm not saying I want you to get rid of them. It's almost more like just like a thing that's being forced upon you as someone trying to get better. So what are you going to do differently then? I guess I'll stop hanging out with some of my friends. Can you do that? Because it sounds like a big group. I can make it so I'm only hanging out with like two or three of them. What do you do if like one shows like?

oh my gosh Darren's showing up today I'm not gonna hang out with Darren's here I don't know if that's the way it goes on I probably shouldn't be friends with those people

like that's not the kind of friends I want to have anyways I don't know it's risky man it's risky man I would certainly have you do you see a therapist uh no

I don't see a therapist I think that could be important to navigate those relationships it's pretty good you obviously not a credit card person buddy just like anyone on the show I'd recommend using the fizz card charge card grows credit

so you can be so you don't have to do it this way also have you ever budgeted in your life no okay that is clear I need you to budget we're gonna make a rough budget at the end of this and I need you to sit down on a monthly base

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You can also take our investing program. You're obviously not ready for that, yeah, but you do get a free $100 from signing up, which is good. Thanks to our boys over at Moomoo. Love those guys, but go through that shit, learn. We're providing the resources for you for free for a reason. So please take advantage of that. Let's talk about the second card. Freedom card. Freedom to get. Bent over. Pegged by Chase.

$5,1,125 and $15 with a $51 minimum payment. Thinking of the minimum fee payments not over the hundreds at that point, at this point. What do we have here? You made a minimum fee payment. This one's a zero percent interest, it seems. And you didn't put any new charges on it. Oh, well, you can. It's basically maxed out. But, uh, okay. So it's at zero percent. Yeah, so I took $5,000 from the Amex And open that card just to put it on there

For a 0% interest Oh, so it's just a transfer from the Amex And then the Amex got remixed out again See, this is why you're not a credit card person I would rather you Until your discipline with finances Close these accounts Take away any access to credit

Because you just can't take advantage of it You build up a credit Then you use a consolidation but or more of a transfer in your case and then you just build it right back up again it shows that you just can't manage it and it's more bad for you than good yeah i don't know i mean that card to me seemed like a great idea at the time which one uh the freedom okay but but it didn't make a difference so because the money that you transferred from your amex you built right back up again yeah well i think the main reason i got the freedom one because that's back when

i was on top of my card so like i transferred the 5,000 of your cards why did you have to transfer money if you were on top of it. Well, it was like at the beginning of it getting out of hand, so I transferred it to zero percent. Five thousand is not the beginning. But then this card was empty when I did that. Like, five thousand other beginning. When was this? Ah gosh, like seven, eight months ago, I want to say. Okay, 21? Uh, yeah. Five thousand dollar credit balance of 21 is not just the beginning of a getting bad. It means it's been bad for a second. That's a amount of money. Yeah, that seems kind of like bullshit to me. I mean, yeah, maybe I wasn't the most financially, you know, set person at that time.

But it was certainly a lot better than it is right now. Like it was, you know, probably 25 grand less than what I'm looking at right now. You know, people are going to call us twins in the comments below. Anytime anyone wears glasses, they're like, oh, it's Caleb's twin, especially if they're white. But we actually do have relatively similar hair where your hair, you know, it's a little more curly in the front and similar haircut. I don't have the earrings, but... She gets some earrings.

And we're both thick, so there's going to be so many twin comments. So many twin comments. That's going to be crazy. Total fee is probably the transfer fee. Looks like you have about nine months in style interest starts accruing this. I don't think you're going to have access to credit. You can't manage it. You're 22 and you can't.

And that was your age when I started to get out of bad debt and then I learned to manage it. And then I, you know, I've given myself access to credit cards because I, you know, I like credit. I like credit scores. I like taking advantage of leverage. But right now it's taking advantage of you and you're not taking advantage of it. I mean, I don't know. What? Like, I don't know where I'm supposed to spend money then.

Like, how am I supposed to like pay for a, a gas? tank when I have... Check an account, budget. But like, how am I supposed to pay these cards down and be able to, like, fill up my car with gas and get groceries? Well, so far, we're at a minimum monthly payment of $768. I do believe you said $4,500 comes in. So I think you can afford gas. I don't know.

I mean, I got a lot of other payments, too. Like, you know, I got to pay rent and I got to pay $500. That's the cheapest rent I've ever. ever heard of my life. Are you kidding me? Kill me now. Stick a gun in my head. That's dumb. That can't be an excuse. And then I have my car payment. I'll get to it. You also like what other payments? Insurance. And then what's your car insurance? Uh, three's 80. Almost as much as a rent. Okay. Great. And then gosh, I don't know. Like, oh, I have season tickets to the Timberwolves. That's the, the Timberwolf. A Timberwolf? It's a, oh, who are the? What is it? What is

the season ticket to? Basketball. Milwaukee? No, no, no. Minneapolis? Yeah. Not a basketball fan? No?

No. I like football. I like golf as well. All right. So we can vibe on the golf game. But yeah, I'm paying like $1,100 a month for those. Is that a professional team?

Yeah. I've never heard of them in my life. But again, you're right. We made it to the Western Conference Finals. That certainly means something to someone. But from Michigan. I would think I would at least know what Minnesota professional basketball team is. Okay, interesting.

You have season tics to them? Yeah. You can't afford that. How much is a season ticket? It's an investment. What the fuck are you talking about? If you want to take your investing to the next level, my new investing course is still on sale. Until July 1st, we're offering the course for only $97, which is $50 off.

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No, you... No. Yeah. That's wild. But here's the thing. That's a wild. And I can see you're almost proud of it. I see it on your little face.

But you can sell them for a profit. I made money last year. So you buy the tickets and then you sell them. So you don't even go to the game. I sell like half. 14,000? Do you know how much that is compared to your 50,000? That's insane.

Okay, so last year you made money. How are we doing this year so far? Doesn't it the finals like right now or something? No, the finals are over. They just ended on. Oh, how'd that go? We did not. make it to the finals.

No, no, no, tell them the tickets. Selling the tickets. Oh, selling the tickets? I don't give a shit to the team made it. It mean, it went well. I probably made like four or five grand in profit this year. And that was off of... How many years have you done this?

Last year was my first year doing it where I'm selling everything. But those were also seats up in the nosebleeds. So I only paid about $1,700 for the whole season. And now we're doing $14,000? I figure out I'll just make more money You went from 1,700 to 14,000 whole fucking risk

This is For someone making 50 to 60,000 dollars a year That's so much money That's so much risk How'd you pay for it? Credit card What credit card? The next one, the discover

I actually thought you had two credit cards I forgot, you had a third one I thought we were getting to the car payment The Discover Discover it Everyone's favorite. Discover how to balloon a credit card balance on basketball tickets. $2,740.

That doesn't make sense. You said it costs $14,000. Well, but I pay in monthly payments of $1,100 a month. So you finance it and you pay your financing payments on a financed card? So the loan that the Timberlows give you is free. Like they don't charge you that you can either pay it all at once or pay it in 12 months. But either way, you financed it.

And then the payments for the financing, you're using a credit card, which is financing. You're financing a finance payment. I guess I am. Yes. Yes, you are. $82 minimum payment. And there is interest accruing on this. So that payment ain't free.

$24 of interest. Fees of $41. And then $2,825 of purchases kill me now. And have you made money from this so far? this not last season no because well you can't you don't get to sell your tickets to tell the season when is the season start uh i believe you're paying for it now like october or september around the same time football starts so until then you're paying 2,825 dollars a month until the fall yeah how are you

paying for that let's say you even do make a profit cool how do you how do you pay for that because there's a 3,800 dollar limit on here how do you pay for that I well that's the discovers the card that I really try to attack with the payments I want to remind you how this part of the conversation started for a second because that actually just pissed me off now that I'm actually remembering it you said it's because of my bills I can't pay my money I can't pay this credit card card off because of my bills what are your bills oh five hundred dollars for rent bennies for rent oh you know three hundred dollars for car insurance that's actually kind of an expensive car insurance almost as much as a rent but you

know we still have thousands of dollars to play with oh you know what just finance two thousand dollars a month for season tickets of a game that doesn't start until late fall. What the fuck out? That's a bill. You're right. And that's a stupid bill for your situation. Because it's going to take you a long time, even if you do make money. I don't know how you're,

how are you paying for it until then? Well, I just, any payment I make on my credit card usually goes minimum payments. So then anything extra goes towards that one so that I can charge, charge the next month to it. But what happens when that you'll lose it in a gambling thing and you can't fully make the payment? You're obviously not fully making the payment because interest is accruing anyway, so you're not making the full payment. So it's still going to get bigger and bigger every month.

What is happening here? There's no refunding this, is there? Uh, no. Fuck me. Can you sell these now just so you know you at least break even? This is so risky for your position. Listen, it's a hustle. I do get what you're saying.

I'm not saying you're going to completely fell from that specifically of the hustle. But in your situation, you can't pay for this right now. You've put yourself in one of the most risky situations I've ever seen for purchases. Well, I'm a gambler at heart. Yeah, you are. You certainly are.

And that's not going to be an answer that I'm going to accept. Timberwolves, tobacco, bar and grill. Portside Restaurant, Portside Restaurant, Portside Restaurant, McDobles, Timberwolves, Animal Draft House, Timberwolves, Game Pass, oh, 10 bucks, okay. Hoo, oh, yes, I thought, no, and then there's Game Pass, $312. Is that yearly? Yeah, that's a year.

It's expensive. Or I might be six months, but I think it's like $30 a month is what it, game passes. That's it gone up to $30 a month. Okay, you can't afford it. draft house and Timberwolves again. Kill me now. Kill me now. It's a 30%.

This harms me. I mean, it can't be, it can't be that bad. I mean... Are you gonna be in the right now? What the fuck are you talking about? What are you talking about? Like legitimately, what are you talking about?

That is, what are you talking about? See, no, no. How do you... What do you mean? Buddy, do you not understand that you can't fully pay off that card All the other cards are maxed out. You can't fully pay off that card.

You said whatever extra I have I've put towards it, but it's not even all of it. So you can't pay it off. And every month this is going to hit and hit and hit and hit until late fall when you can finally sell it. And until then, this balance just goes up and up and up. And you're already close to maxing it out. So it's potentially only a couple months away until it's maxed out. Then you won't be able to make the payment that you financed through the Timberwolves.

What do you mean it's not that bad? How do you possibly mean that? That's going to ruin me. What do you mean? I don't know. I think. That's insane. I just think that if I can, you know, get through five, four, five months of, you know, just making these payments.

But I don't think you can. I can. And I will. How? Mathematicallyly, it's not looking great. It's not looking great, but I'm going to find a way. What are you talking about? I'm not going to lay down and die.

I'm going to find a way to make the payment. What's your way? I don't know. I'm going to go get another job probably. A great plan. I don't. no. I'm going to go get another job. I'm going to start working more. I'm going to start making more money. So in order to do this little scheme of yours, you're going to have to go work three jobs now just to do, be able to pull off this scheme?

You know what? I mean, I should be working more than an average person with this debt. Should I not? You should, but you're not doing it for the debt. You're doing it so you can do this timber. Yeah, because when it comes time to start selling the tickets, I might make 30 grand this year. Oh, might was a very powerful word. That's an interesting. word. Why don't you say it again? I might make 30 grand this year on the top end. Yeah. Yeah. That's a your life is a gamble right now and I can't help that part very much to be completely honest. I can help people much. I can help people get out of debt. Addiction of gambling, everything, everything, everything, everything. There's not much I can do about that and it's going to

I'm going to wake up one day and see you under a bridge of 25 and that's going to break my heart. No. Because that's where you're going. You gamble everything. I don't know. I don't think the season tickets are a gamble at all. You said the word might. You said the word might.

I was referencing might as in like talking about top end of how much I could make. I'm going to make money. You're the day trader who made $200 off $1,000. And then you're like, oh, so let me go ahead and do $14,000. Good luck. what's your car uh 2024 equinox

you have a 224 car oh oh no it's 40,000 that's almost as much as your family income that's horrendous yeah I need to lube my throat to swallow all this dead as well I get it

$6.96 14 cents is your minimum monthly payment that's an insane minimum of the payment. That is more, that's $200 more than your rent. That's ridiculous. That is the most American thing I've ever seen in my life. Interest rate? 9%. So, not going to beat it in the market. What do you think the car's worth? 35,000? Yeah, probably 23,000. Is that what it's worth? Do you know or is?

Probably we don't have your exact VIN, but that is what your car would be worth in decent condition, good condition, in good condition. Good condition, right? Excellent condition. Excellent condition. We quoted it at the baseball, though. I didn't know what model you had. It's the RS. Okay.

$27,000? 28,000. Either way, dramatically underwater. Well, I did roll in negative equity with that loan. Oh, you did? So I blew my, I used to have a 2013 Ford SUV, a Ford Edge. And the engine blew up on that, and I still had about $8,000. on a loan.

So I just ended up rolling in about 5 to 6,000 and negative equity into that loan. At 9%. That was... Huge minimum payment. Why did you get such an expensive car? It was just the easiest way to roll over the... Was a new car? You could have done that with a used car?

It was brand new. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. I know that.

You couldn't do that with a used car? I don't know. I don't think so I don't think I would have been able to roll it over onto an used car How much is your credit card debt when you decided to do this? Probably at like 10 to 15,000 Okay and

How much did you put down? I put 5,000 down But it was on my credit card I want to go take an app This is um Do we have something fun for the post show? to lighten us up, make us happy. We have jelly beans.

We have jelly beans. I don't know what the f f that has to do with the post show, but maybe we can get happy because this is the literal opposite of happiness for now. There's $7 in this checking account. $7, we're gambling. We're putting down payments on credit cards. We're $7 in his checking account and we're financing Timberwolf tickets. All right.

Okay. All right. Like at this point, I don't even know what to do other than just react now. Like, that's this all of this is. I'm just in horror. I'm an absolute stunned. I'm just Venwaying out $40, 980

ATM withdraw of $908. Where the fuck did that go? Blackjack? Yep. Great. $7 in a checking account, $1,000 to blackjack.

Sounds great, guys. This other account has $200 in at $256. ATM would draw $204. Where'd that go? Blackjack. A rejected discover payment because you didn't have enough money. You try to,

to pay $1,700 when you had $224. Remember when I was talking about how you might not be able to fully pay, you might not, you said you don't know, you can't fully pay the Timberwolf thing every single month, and I'm saying that balance is going to continue to go up because you don't have enough money to pay it off. Well, here's an example, because that was the Discover card.

You tried to put more money to Discover card in a bounce. It's great. I'm going through it right now. I'm going through a mental breakdown. I feel it. Going to gas station, or, whew. Oh, no, ATM Metro, $200.

Want to bet on it? Where'd that go? Should I enable some betting? I'm betting. That goes the f***ing. Yeah, no. Okay. Passport. Passport. Sorry. I know. I'm, I'm, I know. My brain's on fire right now. I'm sorry. I might need to take a second to cool down.

ATM withdraw $204. $8.m. withdraw $204. $8.m. withdraw $204.A.m.ichon, which are $204. Buddy, that's so much money. That's so much money. That's so much money. I mean, you know, like, we'll go. Careful. It's not like I don't lose every time. I know I need to stop, but I'm not. That is the words of a gambler addict if I've ever heard him.

That is the words of an addicted human being. If I've ever heard. I don't overdose on heroin every time, guys. It's okay. I mean, like, listen, I can't help with that. And I'm not going to hear it. I'm not going to listen to that. That's,

external withdrawal. Paid. Oh, it's a fee. Oh, because you're, were negative in your account $414, then you're a negative in your account $386. We're overdrafting. We're overdrafing, guys, guys, guys, guys, we're overdrafing. Guys, hey, chat, we're overdrafting. So yeah, yeah, let's go gamble $1,000.

We don't lose every time. So it's okay. It's okay when we're negative because we might win. Well, in that, you've lost. So I'd say you lost. That's all that matters. I just don't think you understand, like, when I'm at the blackjack table, when you've lost 10 hands in a row,

maybe this is the gambler's fallacy but I want to bet you know $10,000 on the next hand because it has to hit oh yeah because you're addicted which I'm not going to shame the addiction I just there's nothing I can do about that you need to go get out

I just trying to make you understand you don't think I understand I don't know yes it's like sunk cost I get it it's like that when I'm on a constant streak of losing it whatever I'm like ready to just double down triple down quadruple down

because I want to fucking win I want to be a winner I get it. I don't have a gambling addiction, but I do have an addictive personality. I get it. I'm not going to shame the addiction, but I also don't know much that I can say on it because it's literally you need to go get help. Therapy, gambles anonymous, get different friends.

There's different suggestions that I've thrown out that are the basic things, but that require you going and doing it. There's not much I can say about that. I don't think you're a heinous evil person for that. I don't want you to think that. I don't. These finances, I'll be honest, they are making me kind of die. so I know I'm I know I get a little intense or something

I can barely do words right now so I get it I don't want you to think it's because of your gambling and addiction though I understand that that is less of a choice but it is your choice to go seek help and that's what I want you to go do okay

especially well our retirement is $10.98 cents Well, we're just not gambling in general because what this is is gambling your future. So that's you gambling. I used to have 10,000 in there, but... At 20... What?

What? When? In 2021, 2021, 22. When you were 20? 10,000 hours is incredible. Do you even know how incredible that is? 10,000 hours at 20 in a retirement account, that's insane. That's well beyond...

your average person. That's crazy. How is it $10? So what I did was I would invest like heavily into margins. So like only having like 30, 40% of my own money there and then I was like all in on Tesla

and it was just happened to be one of the times it decided to shoot down like 60%. Oh you know what stocks do. Who would have thought? Yeah, let's pick one of the most volatile stocks. That's great. To put our entire portfolio. You didn't do like meme stocks and stuff, did you?

That's hot right now. That's right when I got in was during the GME. Oh, did you buy at the peak? I bought at 170, sold at 180, and then I bought at 330, and the whole stock market crashed on me. Or GME did. GME did. If you're anything like me, you hate seeing a statement full of subscriptions on top of

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It's like having a financial audit wizard in your pocket. So if you're ready to ditch those digital tiquitos and invest in tools that make a real difference, head over to the link in the description below and check out the latest deals. Trust me, your future self and your wallet will thank you. 2020, two, three, 2023 was a for a year in the market or was it 22. I don't remember this one because I just constantly. By the time 2020 came around, I literally didn't have like any money in investments anymore.

Was it 10,000 that you put in or did you earn, did you get 10,000 from games? It's, um, I put in at least eight grand. I'm not 100% sure. That's so much money. That's actually, that's really,

that's really good. No, like I was, like back then, I was before I had credit cards and everything. I was actually, putting in like $200 every week. Like I was forcing myself to invest.

It's incredible. I wish this wasn't the past that we were talking about. I do too. Oh, you could be in, you could be, oh man, the rock, the ride in the market these last, what, six, 12 months. It's been saying you'd be making so much money. Just sitting in the S&P 500, you'd be making money. Gosh, I think he did this conversation. somehow my phone fell on the floor.

That's how intense this has been. Since October, uh, 2023, we've gone from 410 in the S&P 500 to 546. Shit. As a time I film in this, buddy. When the market was going down all 2020,

yeah, that was the rough year. Once that got to its bottom, it went from 357 to the 546 now. Oh, man, if that was just sitting in the market, why is it at 10 now how do we get how do we get to 10 though um so like a lot of the basically even though i'm in the stock market you know i'm gambling so i'm doing calls and puts trying to guess the short term what's going to happen yeah no shocker i'm not a genius on wall street so i lose that money even the geniuses barely beat the overall market

so okay do we do this anymore no now i just i sit there and watch the ten dollars in the account i don't even think it's invested have you learned your lesson because that would be the important thing here 22 it's it's still okay to start fresh around now yeah even 25 like i'm happy with that uh 30 sure so it's not like you don't feel like you've lost your life but it's important did you learn your lesson yeah i i think i've learned my less or i'm learning my lesson um i don't know it's if i if i could just get back and really start you know focusing on my budget not going out to eat okay speaking going out to eat no one just told me you're getting barbecue after this buddy barbecue is expensive can't afford it can afford it can afford it you can't

afford it. Yes, we give you travel reimbursement, but you said for the travel. You can afford it. Where were you going to barbecue? Interstellar. Interstellar is good. You can't. I got to eat something. Don't do that. Don't do that.

We already had the Thermist talk. I already had the Thermist talk. I promised those grocery stores in Austin. Interstellar is going to cost you money. Like if you get the full experience there, it's going to cost you money. Barbecue is expensive. I don't know about across the country. but Texas barbecue is expensive because brisket's expensive. Beef rips are expensive.

You can't do that. How long have you been here? We flew in yesterday or flew in San Antonio yesterday. How much money have you spent all here? Probably around $1,000. Oh. I went to the mothership last night. What was performing last night?

Joe Rogan and friends. Oh, yeah, it's a good show. Gillis. Shane? Oh, it was in that show. It was in that show. Damn it. I don't regret it at all.

I had Joey Diaz and Tony and. It's still a great show. Nah, it's a good show, but I love Gilles. But yeah, I... Kind of jealous. I wouldn't have done it if I were you because I don't know where you got that $800 from. $800. Well, the drinks there are quite expensive.

Yeah, two drink minimum. Well, they didn't really hold that. minimum keyword I'm sure you went well above yeah okay don't get barbecue you're gonna make who wanted it

go back and see the show because I want to see shing is it bad that I'm like was planning on going there again tonight yeah you got tickets again no well we did the standby line and it actually worked yeah we were there really early

an hour and a half before the show and then you don't get in until 30 minutes after. So we waited like two hours. So you didn't get the opener. Okay, that's fine. I mean, I just, I'm struggling here. I mean, you want to make more money. Like, what's your career plan?

Like, because you said my goal is to make more money and you might need to make more money to get out of debt. What's your career plan? It doesn't matter if you just drain it all down the drain, gambling, but, you know, what's your plan? Because right now you're stocking shelves or whatever and pizza driving. I'm looking into work in Old Dutch full-time.

Doing what? Just, this is my same weekend job, but just the Monday through Friday as well. Okay. Otherwise, I've also been looking into just, like, working at Cub Foods, which is a grocery store up north. Working like overnights or something. Okay. I'd be making it. What do you want to do?

If you want the grocery store life, that's fine. People make great careers there. Actually, H.E.B. down here, people actually make good careers there. So that's fine. It's typically not what you hear, so I just want to make sure. I don't know. Like, I've always worked in the food and retail industry, so it's like what I'm used to.

I don't necessarily know if it's what I want to do. Totally fine. Listen, if you ever want to take a tech certification course through course careers, I'm happy to put you through that for free and see if you learn something else that you want to go through. That's fine. I guess I'll do your budget because I do every guest budget. I really don't think it matters here.

I'm going to be honest, because you have to deal with your addiction first. Yes, you have major behavioral problems of spending money in food, but again, if you have that extra money, I think it's just going to gamble it anyway, so I don't think it's...

And then you did the stupid thing with the... the... and you don't even seem to think that that's wrong or bad. So it's just like... I don't think this matters, but I'm going to do it for you anyway. $4,500 budget. Okay.

Debt minimum monthly payments. Let's get this. $6.96 for the car. That one's obviously ridiculous. And $14. The Discover was $82. And $51 for the freedom. And $717.55 for the Amex.

$1,000. $1,546.69. How much for your rent is $500? Utilities? No utilities. Dude, you have the rent to $5.000. My goodness. Minneapolis is cheap apparently.

I'm like 40, my five minutes north of Minneapolis. Yeah, 45 minutes north of Austin is $1,200. Okay, whatever. Internet? No. Oh my gosh. Renters insurance?

No. Live in the, why? Why? You should. It's safe to get rents insurance. I'd get that. I'm going to budget $10 bucks.

I'm in for that. Gas, boom, boom, drive, drive, skirt, skirt. Zoom, a month. Um, probably 250. Okay. Car insurance, it was a big one. Uh, 380. Yeah, I don't like that.

Uh, phone bill? Um, my parents pay for it. Good. When you need to get your own due helium for 20 bucks a month. Trust me. 100 bucks for your TP fund, anything else you need to survive. Uh, you further put those in different buckets when you do your own budget. $300 for groceries is perfectly fine.

Use our meal plan. You adjust it for what you need, but $300 is perfectly fine. promise you. Subscriptions and do have any pets? Um, I do have a dog. Okay, how much a month for food? Like nothing. Maybe he's a small dog. He, 20? Yeah, 20, I guess. Uh, pet insurance. Oh gosh, whatever that is, probably a number 20. Okay, 20. Anything, gym? Um, I'm on my parents, gym. Okay, medical health care prescriptions, co-pays. No.

Okay. Anything else I need to put in your budget that I did not? Well, there's the Timberwolves tickets, which are a monthly one. I don't know if you're For the Timberwolf, buddy, you're at $3,126. You could pay off your debt. Insane amount of time.

How much is the Timberwell's tickets? 1100. That's the most ridiculous, stupid thing I've ever heard of my life. And now all of a sudden we're at $4,226 giving you only $4,703 or, sorry, $273 a month. We had $1,373 a month, but you decided na, that. Let's only have $273.

The car, the car. You might be able to, it depends what your car is actually worth. I think you borrowed $23,000 potentially as a personal loan or a car loan or multi-law. you sell this car you use 13 of that to pay it off and then you go get a $10,000 car that you get a mechanic approved that it's going to last

and be safe for a few years to come that's a potential way to get out of that situation and make it easier than you owe $23,000 instead of $40,000. Interest rate's going to be higher, minimum payment is going to be probably around the same but it's a lot less debt to pay off.

Yeah but the payment would be the same I'd be taken on a loan for $23,000. Yeah. Or multiple, but yeah. And then selling the car, using the over and then $10,000 car. So essentially I'd trade $40,000 for $23,000. If you can get approved, yes.

Okay. Which obviously adds a substantial dip. If you can get out of this ticket thing, I know you really do not want to. And you might make money, yes. But you are putting yourself in such a precarious situation until then it doesn't make sense. I'd get out of debt before you try those. It's essentially, let's pretend it's like owning a business. I'd want you to get out of debt,

have a fully funded emergency fund before you do that anyway. So what I would do is I would try to sell that. It just break even price now. Just get out of it. So you have the extra money to throw it towards the debt. Then pay off your freedom and discover card in the matter of just a few months and then grind away at the Amex. Well, shouldn't I wait on the freedom until it hits interest occurring?

Because that one's zero. percent right now. Yeah, so what you could do is in whatever debt payoff method you decided to do. Well, again, I'm really, I'm, I'm kind of honestly rushing through this part right here because I really don't think any of this matters unless you do the gambling thing. I don't think you're going to get rid of the tickets and you have to be willing to get rid of the car. So there's a lot of things that are mostly the gambling thing. But either way, sure. Yeah, kill the Discover card, start paying as much as you can towards the Amex at that point. And then when the freedom's coming up, wipe it off before it hits interest and then continue paying off the Amex and then the 23,

thousand dollars in personal loans that you have for the car then your debt free have a fully funded emergency fund start contributing 20 to 25% a month to retirement just i'm not going to tell you what to invest in take our investing class take our investing class it gives you good ideas and explains lots of different investing strategies that professionals use one thing i promise you is it's not a single stock bullshit and meme stocks okay Okay. I want you to be able to retire. That's what I would do. But I need you to go talk to a therapist now. I need you to potentially change friends. I need you to at least have a conversation with your friends saying you just can't do this anymore. You're destroying your life and maybe they'll understand. If they don't, then they're not your friends to begin with. I need you to potentially go see, go to a group for this gambling. Because again, I mean, you took out $1,500 this last month for gambling. Minimum. That's obviously we just can't do that right now. I mean, you're going next. I mean, in terms of you're spent. So again, you make, what, 4,500 net, but what went out total, including debt going up and what you're doing with the gambling and all this stuff was $8,000. Like, it's a bit more than $4,500.

Yeah. I don't know, man. That's what I need you to do. If you don't actually put in the work to try to actually save yourself from your addictions and, I am not the expert in that. I need you to, I mean, we can connect you with resources, absolutely, but I need you to go pursue the actual help for yourself. And if you don't do that,

I don't think there's a actual sustainable future here. And that breaks my heart. You can live a great life. It requires some sacrifice, and you actually go in seeking that help. And I hope you do, and I hope as we do follow-ups, you can come down here, we can do virtual, whatever. It's up to you, that we see substantial progress and that you're getting help with that.

other than that, I don't know much else that I can do for you right now. But it's definitely a telling story for many of the people that are watching it. Let's get your hammer financial score. You said a zero. The debt, the spending in a budget, I mean, it was $8,000 versus $4,500.

Zero out of ten. The debt, the temperance thing is absolutely stupid beyond risky with the car. No collections, no IRS debt, so it's a $1.10. Emergency fund, there's nothing in savings, correct? No. 0 out of 10 retirement $10.

$0.0.10. Hammer financial score, I'll round up to be nice. 0.5 out of 10. Make sure to check out all the resources linked in the description below as they are what I use or would use in specific situations, including the best budgeting program and best investing program where you get a free $100 for Mumu. Gifted to me through you, gifted to you through me through them.

Whatever the fuck doesn't matter. This episode's been wild. Let's go to the post show. Today on the Financial Audit Post Show. Plummery banana smoothie or dead fish. Oh, it's actually really bad. Oh, it's really that. This actually fucking blows.

Delt some marshmallows. All right. Darn shame I can only win on a gamble. That's got to be that buddy, huh? That's kind of fucked up for doing this with you. To watch the financial audit post show, click the join button below.