Financial Audit - I’m Not Surprised She’s Single | Financial Audit

Episode Date: August 16, 2024

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Restrictions apply. To watch episodes of Financial Audit a week earlier, check us out on YouTube. That's an action. No, that's not an action shot. It's somebody that works every day. I work Monday through Friday. Oh, no. You're an adult.

Of course. I'm an adult. Yeah, that's what adults do. They work Monday through Friday. Friday. A little hostile. You're okay? We're talking about numbers.

I'm not the greatest good numbers. Adam to leave. Why are you telling my business? Well, now I know you want the kids to leave so you can be loud, okay. Studio booking. At least I'm loud with myself. Okay. Hey, I'll just say it.

Okay. Everyone. Right up. Hi, my name is Vanessa. I'm 45 years old from San Antonio and this is financial audit. Wow, 45. I legitimately thought you were younger. So good job on that.

Well, thank you. Lucky. So what do you do for a living in San Antonio? I have my information system tech. Okay, awesome. That can make some monies. What are you making? Right now, I'm like 100,000.

Like 100,000. Yeah. So is it 100,000? It's like 100,000 and two. Okay, 100,000. Okay, cool. How do we feel living on San Antonio in that? San Antonio, one of the cheaper cities in all of Austin.

Or all of Austin, all of Texas. Well, I don't like it, but I'm here. You don't like San Antonio? No, I do not. Okay, why are you in San Antonio? Because my child brought me here. Okay. Funny story.

So I sent them here to San Antonio to do a basketball camp. They convinced him and he met a girl, but he didn't tell me that party. So the coaches was like, hey, you should move to San Antonio so you can, you know, get better looked at for basketball. That's the only part he told me. How was the kid? He was 16, man. We moved for a 16-year-old to play basketball? 15-year-old to play basketball?

From where? Well, we lived in Tennessee. I retired from the military. Oh. So when did you retire? 2018. Okay. Do you get any money from that?

I get a retirement check. Okay, cool. Is that monthly? Yes. How much? Is that included in the 100? 36. Yes.

Okay. So that's included in your, so the hundreds are total? Yeah, a hundred and two is the total. Oh, gotcha. Okay, cool. So, wow, we moved down for a 15-year-old to play basketball more. Yes. And he got a full scholarship to play basketball more.

basketball college. Well, that's good. What college? He was going to Ottawa University, but he decided to play at Okidok and drop ball a few months ago. Play at Okadok? Ottawa University. Oh. It's in Arizona. Oh, this is so confusing. Okay. So we, okay. Ottawa in Arizona. So, okay, this is what happened. So we, I retired and my mom passed away in the house and he found him. And he was like, Mom, I wanted to leave. And I said, fine. So we moved to Texas because of the basketball thing. Sure. So he became very good at, you know, one of the top players in Steele. And so his senior year, he tours ACL and MCO.

So a lot of his other scholarships, they backed off. But the one school that kept him, they wanted to give him a scholarship was Ottawa University. So he graduated from high school. Yes, he graduated from high school and moved down in Arizona to play basketball. Okay. Interesting. And now you're stuck here. Stuck?

I'm not really. Why are you here? Do you hate it? Well, because he came back. Okay, all right. We'll talk about all that in a bit. But, okay. Well, I feel like there's probably a lot to dive into.

Sounds like $9,421 comes in on a monthly basis under your account. It looked like. But that was total in. But it looks like payroll. Okay, this was a little weird. We had ACH deposit. I'm guessing that's payroll of $3,869. And we had additional payroll.

Maybe this is bonuses, 1,073. And then VA deposit 3,870. Well, the one VA was for his school. So being in the military rate, he gets to go to school for free. Yeah, but he's not at school. Well, he was. So they pay him to go. And so when he didn't go and he left, I got a bill and I overpaid their bill.

And that's what that is. Okay. So how much normally hits your account on a monthly basis? Say 6,000. Okay. Now, if I understand that, we might have a good thing. If I understand this, we might have a little good thing here. I hear you follow a budget. You make a budget, you follow it. Yeah, I try. That's great. How much did you spend this previous month? So this previous month. How much went out of your accounts?

Almost all over the pay bills. So what I do is... So is that $6,000 then? Almost. I'm not going to say all $6,000, because of course you don't have to pay, you know, for groceries and gas or whatever. So are you telling me $6,000 went out this last month? Almost yes. Because you budgeted, right? Yes. Okay. $12,864 went out.

No? Yep. Good in all transfers. That is how much is left your account? 12,000? Mm-hmm. $12,864. In my account.

Your accounts. Oh, my accounts. Well, yeah. And you're only budgeting one account? Yeah. Well, that doesn't make any sense. Well, how the, will that make any sense? Well, how do we just budget one account?

Well, you budget everything. Well, no, I do. But when you say in 12, there's, that's, wait a minute, that's impossible because. Debt, debt, debt, debt, debt, debt, spending. You spend on cards. Oh, you said spend. Okay, that's, that can't be right. No.

Okay. So I have, no, I have a book, right, that I spend every week I'm in that bad boy trying to pay off bills, right? Mm-hmm. So unless I, well, I don't actually like, well, this month was probably, no, you're right. I got an extra bonus. That's right. I had to think about it because that's not normal because I was like, wait a bit.

That's not right. What? What's not normal? So that, because normally I only get $6,000 and then I got a bonus. So I spent a little more this month because I paid off. I was trying to pay a bonus. It was for. No, amount.

Amount? It was $5,000, I think. So you would have only spent $11,000, but you spent $12,864. I don't, I might have, could have, I doubt it. I don't know. What do you mean you doubt it? That's the numbers. We have your accounts.

We went through your accounts. That's the numbers. Then you might be right, but I'm not. I am right. Well, I don't have it right in front of me. So you could be right and you could not be. But no, I am. But if you budgeted, how did you spend $1,800 more than you brought in?

I'm not, I got to think about that. Because I don't remember spending all that. You're right. I did. I did. I mean, how much do you think you spend? I spent going out to eat in other miscellaneous bullshit. Well, so no, that one, I just remember.

Because I did. I had to get the back porch fixed. That's what that was. I was like, wait a minute. I mean, how much do you think you spent going out to eat in just miscellaneous bulls? Going out to eat. So going out to eat, I try not to go out to eat all the time. I try to, I'll tell you right now.

Friday I don't cook. So I'm trying to think. Friday don't cook. I don't. No. Friday's my day. I don't cook on Fridays. You're 45.

It's your day. Cook for yourself. No. I don't have to. Fridays is my day. Well, that's interesting. it's your debt. I mean, that's kind of what a child would say, but okay. Not necessarily because I cook every day. That's the difference. I cook. Except for Friday. That is the only day I do not cook.

So I would say me going out unless I'm on the road, I don't really spend maybe a month, maybe four, $400. Yeah. Oh, okay. And that's for not just me. That's for like me and my kid or my brother. Oh, sure. $1,148. Oh, that's a lot. You don't know your numbers. You don't budget. I do budget. though. I do. However, I just accurately budget. You don't budget like an actual person who budgets. Well, if I had my book, then I would be able to explain everything to

you because I write everything down. So when I paid my bills, I check it off. I'm about to go through every single line. Okay. But you don't know your numbers. I'm not going to tell you I do. It's not. I'm not talking about being off by a dollar, a few cents, a hundred dollars. You are off by like

$700. Okay, $700. What do you mean? I'm usually on top of... Six thousand companies. 10. 700 is a shit on. But I'm usually on top of all my bills. Like I said, if I have my book, I can just break it down. Because every time I pay a bill, I check it.

And then every time it come out of my account, I check it to make sure everything is paid. Well, you might hit your payment, like rent. That doesn't mean your debt's not getting worse because you're spending on credit cards. For example, let's discuss this. You started your Southwest Rapid Resort Rewards card. How much did you spend on here this previous month? How much did you spend? Jesus, a lot.

That one I can tell you a lot. That's a lot. Probably, let's see, maybe four, maybe four or five thousand. So Southwest, did, I don't think you know your numbers. You spent 1,652. Like, I don't know where you are in your world of numbers. I just, I don't think you're informed on your situation. Well, it's not that I'm not informed.

Okay, self-assessed. Where do you think you are in your financial, just life at this moment? Zero being the worst ever, 10 being the best ever. Where do you think you are? Self-assessed. I'm at a five. I'm in the middle right now. Average.

You think you're just solid average? Yeah. And we're sitting at a $23,525 balance on a credit card that's accruing $565.75 and $75 a month. And that's solid average, good job. High five? No. The reason why that one is so high is because I use that to pay for my grandmother's funeral because nobody else would pay for it. And she stayed in a freezer for two weeks.

Incorrect. The reason it's so high is because you spend a ton of money on things you don't need and you're not. paying it off. The reason it may have gotten that high is because of something tragic that you took care of. Good job for that. Like, okay, that responsibility was put on you and you took care of it. That's great. You spent over a thousand hours going out to eat. Let's take a second to talk about something super important. Did you know that almost half of Americans wouldn't be able to cover a $1,000 emergency expense? That's why I'm excited to announce the Caleb Hammer $1,000 savings challenge. Over five days, starting August 26, I'll be sending daily.

instructionals and exclusive videos to guide you through the practical steps to save your first $1,000 all for absolutely free. And this isn't just for those who have some extra cash to put away right now. I want to teach you the habits and skills it takes for a lifetime of smart saving. So grab your free spot and join me along with thousands of others and developing skills that will pay dividends throughout your lifetime. I better see you there, so check out the link in the description and join for free today. You can't cook on Friday because you're a child. Like, I mean, come on. I'm not a child.

I just choose. Well, that's an action of a child. You're right. You're not a child, but that's an action of a child. No, that's not an action of a child. It's somebody that works every day. And like that day, I just got off of me it. So I work Monday through Friday.

Oh, no, you're an adult. Of course. I'm an adult. Yeah, that's what adults do. They work Monday through Friday. That's a little, is that a brag? Not all people work money through Friday. Okay.

So your average adult in the United States of America. Like, are we going to start bragging that we work Monday through Friday? like it's a major sacrifice. If it was love up to me, I wouldn't work at all. However, I'm being an adult and I'm working. And I'm actually here because I know that my spending isn't the greatest. But like I said, I'm not going to sit here and try to tell you that I know all my numbers off the back of my hand because that's why I have a book to track it.

And I'm not going to say I'm perfect with it either. But you can justify going out to eat over $1,000 a month because you work five days a week like everyone else. I'm going to sit here and justify. You were. No, I said I went out. You said it's because I worked five days a week. I do.

And at one time, I want to do something for myself. I just don't want to be able in a kitchen as soon as I get off. Friday, what I do, I come home. I take me a shower and I relax. Like, I tired. So that's the reason why I'm Friday. But, you know, and that's fine. I paid off my debt.

And that's what I'm doing. It's just taking a little longer. It's a little longer because, I mean, you put a payment of $1,422 sources, then you purchase $1,000. 6652. That's not paying off that. That's that going up. That's that going up. That's you. That's not funeral expense. That's you not paying off a card because you're not willing to sacrifice. Oh, that's not true. It legitimately is. You spend $200 more than you made. Then you put towards it. And then it accrued $565. The numbers on this card went up $800, even though you put $1,400

towards it. So what do you mean? That's not true. That's objectively true. It's right there. It's numbers. Numbers don't lie. Tell me the lie in the number. I'm looking for it. You're a little hostile. You're okay? We're talking about numbers. I'm not the greatest with numbers. However, I have a book. Demonstration.

I mean, that's cool. Like I said, it's not like it would be another thing if I was in here saying, well, you know, but no. But like I said, I already told you I don't make the best choices sometimes. I said, but however right now, like I literally faxed or paying my bills off. But you bullshit me. If you just said I don't make the best numbers, that's that. But you said, no, I'm making progress towards my debt. Oh, I can go and spend $1,000.

$100 because I woke five days a week. Ah! Oh, this card's high because I had to take care of a funeral expense. It's because you're not sacrificing. It's because you're putting more money on this. Okay, let's see what you spent your money on. Let's see what I went to. Oh, good.

Oh, good. We're getting a car wash. A car wash. Very, very necessary. A car wash. Go car wash. $20. Go car wash.

So, hold on, because I don't even go to the car wash. I watch my own car. So I'm glad you pointed that out. Because I'm going to tell you. I'm going to be honest. I don't look at the statements. I just pay it. So I'm glad you pointed it out.

How do you budget it if you don't get a statement? Because no, when I mean look at the statement, like I don't go like you're doing now going through each little. I'm trying to action. I look at the balance. No, I look at the balance, right? So what you just told me was like I have to be careful because I don't put my cards up. I put them in a drawer. So I have to make, I have to check that one like on the real.

I'm glad you show me that one because that means that. somebody in my house got my card and did a car wash. This is why we look at statements. Okay. Well, you're right. You are absolutely correct. You are absolutely correct. Just like every guest that comes on the show, we're getting to give you access to our budgeting program that teaches you how to go through all this, how to look at it, how to build out of budget and actually budget.

Take advantage of that. You can also do the investing one as well. Now it's all bundled at a lower price with $100 in cash rewards to your first investments. Thanks to Mu-Mu as well. So that's pretty cool. He also got Tanks Pizza. and Dutch boy cleaners and

beer wine liquor Zaxby's beer wine liquor American Airlines American Airlines Where are we going? We're putting this all on a card $500 on a card that is only this high Because it's a funeral No, it's because we're getting $500 plane tickets And almost $100 going to Timo

We're keeping a credit card balance that high for Timo Oh yeah, I like to move Really? I've never heard anyone say that But I do. Okay Okay, okay So it wasn't the funeral. Funeral wasn't on here. There was no funeral.

No, the funeral was on. It's not on there this month. It was on last month. And you're right. A lot of it I did last month. I'm not going to lie. I mean, however,

but I did, I am, like I said, I have it planned out to, because I didn't realize that APR was that damn high. How high? It's 28%.

Yes. Okay. Well, you do know that. That's good. $2,321 dollars in interest accrued this year so far just on this card. That is,

that's why I, it's insane. Guess what? That card got cut. up when I seen that. I was like, holy shit. Close all your accounts. I would use the FISCard. So I got a question, right? Because I was going to do that, right? And they said that you shouldn't close the cards because it drops your credit score. So what I did was I cut that up. Oops, excuse me. I cut it up and I'm just

going to pay it off. The thing with cutting it up is it can still save on online accounts oftentimes. Maybe not for you. It can still be in your Apple wallet for Apple Pay. Maybe not for you. But you can also just get a replacement with a push up of a button. So usually people that just cannot control their spending. Usually for them, the best course is to close their account so you just can't have access to it. You're right.

It will hurt your credit. That being said, what are we using our credit for? Usually for most people, they're saying because their end goals to get a house. I already know you have a house. So what do you want your credit score high for?

What is your purpose of having a good credit score in your life? Because I already have one. And plus I don't plan on staying here. Eventually I'm going to leave. I just don't know where yet. To get a new house somewhere? Somewhere. Because I feel like renting is a waste of money, right?

Why am I going to see? Kind of right now. It actually makes more sense technically. Well, no, because now rent now, like rent now, it's like for the house that I have, they're renting at $3,600 a month. No, no, no. Compared to when you bought, you're right. But if you were to buy now versus right now, rent makes more sense.

Right. That's why I'm still here. To be honest with you, that's the only reason why I'm still here because I know for the fact that I would never see a 2.2. APR for a house. Yeah. So that's to be, I mean, I'm going to be honest. That's the only why I'm still here.

And I don't know where I want to go anyway. Yeah, something dramatic would have to happen in our lifetimes for that already happened to me. Exactly. So you already have it. It's hard to. Well, yeah, everything that hopefully never, nothing else more. But yeah.

But yeah. So I cut it up. And the thing is, is I don't have to have it. Like I said, because now I'm like on it of trying to because of some fact is I have a goal for the next four and a half years. And the goal is To quit working We

I don't think you understand your That situation I appreciate the No that's my goal Government Well that's great But It might be unreasonable

Wait how many years 21 Oh in 21 years No in 5 years I'm retired Oh well 21 years sounded reasonable Five years

I don't know I That government pension That you're getting For your time serving that helps your debt is so substantial i don't think you're understanding and i'm not making any progress on it no actually i if you look at the book if you look at my numbers wait if you look at my numbers i am together right from what you're looking at there is a plan that i already have to

how to pay them off okay what is the plan so what i realize is right like you pay off the the the the ones that have the higher interest because if you're avalancheon exactly except you're not because you put more money towards this than you paid it or off and it's a 30% interest, so that's a lie. Okay. Well, for right now, so that's what you're seeing right now. This is last month. As in literally what's happening. Well, like I said, when you said, when I sat down.

Because you have your day to yourself, your special little day because you work five days a week. And guess what? That's not going to change regardless. I'm going to have my one day, but I am going to... Cool. Then you won't return five years. Well, I will. I mean, the plan that I have. I mean, because I won't need that. I won't have that anymore because, like I said, I cut that one up.

Cutting it up does not pay it off. Well, no, I'm paying it off. Also doesn't prevent you from getting a new one. Well, it does when you're having goals. So I'm a person that I'm straight with goals. Goals are great. Usually you sacrifice to get goals and you're not even willing to sacrifice your one little going out to eat. I feel like here's the thing.

Because now once I get rid of the people that's in my house, whatever, I feel like if I spend, what, $10 on a salad on Friday, it's not going to hurt me. Because that's literally, that's what my meal is because I don't really eat a lot. On Thursdays, you often spend over $80 on Dorday. Yeah. So what the fuck are you talking about? Well, door dashing, that's because that's not me. And I had to cut, I cut DoorDash off because I realized that my son was like, hey, I don't want to eat this. And I was like, well, you ain't going to eat. So I learned that I have to, he's 20. Is this the one that went to college and dropped out? Yes. And I was like, yeah, and I was like, yeah, you're got to go. And so we had this discussion that you have four choices. Either you go back to school and you do your get together or you join the military or you go to trade school or you go and get. the f*** out and sleep in your car. I don't care. Which one did you choose? Trade school. Trade school's good. Yeah. And then my other little brother, he's about to go Wednesday to take his ad back. Yeah.

I've had him. Is he living with you? Yeah. Oh, okay. So he's adopted type situation? Yeah. Oh, okay. Sure. Yeah. Gotcha. And, and go on. So he's about to join the military. So a lot of my extra expensive and have to deal with other folks will be gone. But like I said, It was a lot that, you know, having, I don't know, it was just never, I've never been the one to do my parents that way or I was by myself. So to use their credit card without asking. Well, you let me use it once. So I thought it was okay.

So the DoorDash. They do that every day, every week. Yeah. And I, because I was like, I'm cooking. Why am I cooking? It ain't nobody eating. How long? Have you allowed that?

Well, I didn't even really. I didn't really. Like I told you, I really didn't pay attention until recently. Well, and that's why I'm saying when, when I realized that I was like, well damn like I'm paying all this money to pay it off but the balance isn't going to where so then I was like that's when I realized that the APR was and then I was like well damn I'm paying forever if I'm just paying this much thinking I'm paying over when the balance was the reason why was because it was actually more added on to it now the $500 plane ticket yes I did

buy that I did um so the thing is is like I have to do better with looking at my same like I need to start looking at my actual pay stuff because I wouldn't I was not looking at that either. Okay. Was it? Then you were not budgeting. Well, I'm not. That's okay.

So when you say, so you take it as me not budgeting. When I say, yeah. I look at the number. I write my number down. Okay, this is what my net pay is. That's what I look. I didn't look at like, okay, because FICA is ripping my ass. Straight.

Like $800 a month that they taken out of my check. And I'm like, what the fuck? Who? Oh, one of the deaths? FICA. No, FICA. Okay. So I'm like, Jesus.

So that's why like I didn't really never really paid attention because, you know, you work, you're like, okay, this is how much I'm supposed to bring home. But then you actually look at the breakdown and that's one thing I would, I hadn't, I have never really done that. Like, I've been working until I was 13. I didn't have anybody tell me like, hey, you need to look at this and you need to look at this or you need to do this. I'm figuring this all on my own, you know. Most of us do. I mean, that's, that's usually how it goes. But, but, but most of us do. But like now, I try like now seeing that having a kid and I'm like, yo, you need to start saving your money. You need to start doing this. And then.

you look up and like, what the hell? What is this? You know? Well, if he needs an audit, let us know. We are taking applications for people who want to come on. If you have interested in situations, interesting stories, any opinions you need to be challenged. Go to Calebhammer.com slash apply.

And I will definitely let them know. But no. So, and the thing is, is I'm always willing for advice, right? Because I feel like if that no one knows everything, right? And so at the end of the day that your way may be a little better than mine or there may be some things that you suggest that I... Well, my way makes progress on death. I mean, I'm not denying you or denying you.

I'm saying your way might be better than mine or some of your techniques might actually be better than mine. I'm an open book to open things. However, when there are certain things that I'm going to stick with, I'm going to stick with. But why? That doesn't make sense. Why be stubborn? Because I'm old.

That's why. Old people are stubborn. So just like, I mean, maybe have a little mentality of that, you know? It's like, I don't know. Like, let's not use that. an excuse. That doesn't make sense. I, if you're going into a situation trying to change goals, trying to change things,

being stubborn on certain things is pointless. This is, but one thing. But one thing. I'm sure there's, if, listen, we heard that one thing, like 30 seconds in. I bet that's the peak of a iceberg, you know, like, so I don't know. But you haven't asked about anything else. But I made one statement about one thing.

Well, we'll go through. We'll see. Okay. We'll go see. And if it fits in the budget, it fits in the budget. If you have enough room for it to fit in the budget, I'll put it in. But if you only have like a few hundred dollars to spare, it's like, we just can't do it. Right now, if you guys use my Moomoo link in the description below, you can literally get 8% on your money that's sitting in there for three months. It's absolutely incredible.

Plus, you'll get 15 free stocks just for signing up with my link. This is literally free money, so make sure you're taking advantage of it out. There is no reason not to. Sign up now. Link in the description below. All right, city double cash card. And I like this card, but I don't.

Well, yeah, you were done with it. Okay. It's another high APR. Yeah, because you're not a credit card person. Oh, that's why I'm getting, that's why I cut that one up too. Okay. It's at $8,125.

You did not spend on this. Right. So you put your payment towards it, $176 of interest occurred. Okay. So that one, let me tell you what happened with that one. You may not want to hear or even say it.

I went to Dubai. for my birthday and they lost like right now like this year yeah i go so i go every year to go jump out of airplanes now let me finish so i had no i had no i had no attention on using that at all the airline lost me and my son back we didn't have our bags for the whole week in two weeks afterwards so i use this one to get clothes and stuff and they said that they were going to reimburse me yeah well look what happened they didn't so now i'm paying it back but how are we going to do by a regardless of Regardless of that situation, that doesn't make sense you're in so much debt. Because I plan.

You want to retire in five years. Go on the vacations and when you retire. You're one of those people that has a goal that requires sacrifice and refuses to make any of the sacrifices it looks like. What is your retirement account at today? My investment. Yes. I don't know because I haven't looked at it. I just started this new job.

So I couldn't tell you to be honest with you. I don't. How do you plan to retire? in five years? How do you plan to have an income? I plan on paying my bills off and that's it. Yeah, you need money in retirement. I know that. By the time, five years

I would have money in retirement. How much? I don't know. I have to look. This isn't a plan. Well, no, it's not. You don't have a number? Well, I know my number. Well, I'm sure you do. But I mean, like I said, what's your number that you need to hit? To hit to retire? Yes. I don't know yet. What do you're trying to? Because I plan on living on an island and that's it.

that's it How much money do you need a year for this lifestyle on the island? I'll probably be good with what 3,000 a month? That's just, that's a big. Well, how much are you getting again a month? From the retirement from the military? Is it 37, 38? I think 38, 37, something or close to 38?

You really think you could just live off of $3,000 a month forever on this mythical island. Yeah. Island life is usually a little bit more expensive unless you're going somewhere or not so safe. Well, nowhere's safe, but... That's not true. Where? Tell me where you're safe at. It's safe right here.

You are lying to tell. I promise you that. That it's not safe right here? It's not... So everybody thinks America is safe. So the difference between America and other countries is that other countries, we feel like they're all so bad. They're fighting for power and all the other stuff. We're in America killing each other just because.

Honestly. And I've been to a whole lot of different countries. Yeah, but Austin in general is a safe city. I don't know. Not about Austin. And that's fine. I'm so confused. Okay.

So where are you going that's going to be this cheap island paradise that is safe? I mean, so with island, it would be the island off of, what is it called? It's a really small island in the Caribbean. It's called. Ah, shit. It starts with a tea. Let me think on it because I can't remember exactly the name of it right now. But I've been doing some research with it.

I appreciate the dream. It seems to be very much a dream. So in five years. Is it Trinidad and Tobago? I think, yeah. Okay. Median home price of a home there is $900,000. I don't need a home.

It's just me. So where are you living in an apartment? Yes. Okay. How many rooms? One. You're looking at, You know, upwards of like $900 a month there.

Depends where. Which, that's honestly not horrendous compared to the, obviously, the home price. I don't know how the apartments are. I'm actually looking at these pictures. Oh, even the $1,000 a month one looks horrendous. Whatever, I don't know. How much have you really looked into this? It's like, you have this plan to live on an island that you didn't even know the name of

and you don't know what your number is that's required to live. I just couldn't remember it. But you don't know what your number is? Because are you suggesting that this $3,000, whatever, a month is going to sustain you forever? I'm going to say forever. But right now. So you're going to have to go back to work eventually? No, I ain't going to have to go back to work.

So here's the thing. Okay, so here's the thing, right? I don't have to go back to work. But the thing is, is you can always find own businesses or whatever. So the other. Oh, casually. Yes. Let's start a successful business if we need a little extra income.

I mean. Just casually. What? I'm just saying. This is becoming more of a pipe dream. No, it's not a pipe dream. But also my goal. But you can't answer the questions.

No, my goal. Because I kind of don't want the world to know just yet what my plans are. But I have a numbers. So, okay, I'll say like this, right? The numbers show, I say for me to live off of. of maybe I'm not a very materialistic person. So 100,000. A year.

Maybe, yeah. We'll say that. We'll say a year. Okay, $100,000 a year. Cool. I can start doing some math. And I'm dividing that by 12. Substraction 3,800 is what you get a month?

Yeah. Okay. So you need $4,533 a month and 33 cents. Lots of places can expose you to identity. theft. Oh, no. That's why LifeLock monitors hundreds of millions of data points a second for threats to your identity, which is way more than anyone can do on their own. If we find anything suspicious, like new loans or changes to your financial accounts, we alert you right away, all through text, phone, email,

or the LifeLock app. Get the alerts that could make all the difference. Save up to 40% your first year at LifeLock.com slash special offer. Terms apply. That is 54,399. dollars a year before or after any taxes okay so for that you need $1.4 million um i don't need that much that's a lot of money no that's how you generate that amount of money a year without you losing it using the 4% rule how close are you to 1.4 million not close in investments okay not not close um you're going to get there in five years Well, mathematically.

Well, anything's possible. Okay. So we just, we don't live in the real world. Gotcha. Okay. Well,

now at least I know for this conversation. Well, no, anything was possible, like I said, if I, like say,

for instance, if I went and took a job overseas, right? That's tax-free. I can, then I won't be worth- There in Trinidad and debate? No, I'm not,

we're not even talking about that. That's you, we're talking about five years. I'm saying if I was to stop now and go get a job overseas, right? Where? Just say Iraq or Afghanistan.

Yes. So don't judge me. Now, if I do that, right? Tax-free money, right? So that means- Sure, but what's the median income? So just, what are you asking? What would be my pay would be?

Yes. Okay, so depending on where it could be any range from $150,000 to $200,000 a year. Okay, so this is some like, like government stuff. So it's me going over there to work. Gotcha. So then you have tax fee, right? So then you have to, you don't have to worry about the gas. Are you planning?

you do that? Yes. When? It'll come. What about the kid? Okay. The kid is, what? Say it again?

What about that? He's grown. That is true. He's wrong. That's true. That's true. And I support that. That's fair.

How old's the younger brother that you take? Also grown. Yeah. To ground people. Okay, $257 minimum fee payment on that. Again, no purchases on the city double cash. Oh, you've accumulated so much debt. You might have to do.

that overseas thing because this is this is insane what you have here and honestly you're making more money i don't know if that fixes your situation because you've been making good money and you're in this situation so like without the behavior being changed it's i've been working this job for since how much were you making before that then a whole lot less how much um 70 000 nope yeah 70 okay it's like the median household income in austin so all alone so how did you end up like This is all before. So this is me. Now that I got this job, now I'm trying to like make overpayments, pay all those stuff down.

You're not. So if you have not looked at the other one, notice I haven't used that one at all because I've been trying to pay. Yeah, we went over one on or two, one the balance went up. The other one, the balance barely went down. Then that's what I'm saying. So I'm trying to figure out like I'm paying on one card at a time to pay off faster. Oh, where was that card? Because I have not seen that pay at one card at a time.

You put $50 more towards the second card than the. minimum month it was required. For your income and for your debt situation, that is basically nothing. I mean, okay. And like I said, so that's your big plan, an extra $50 a month? No, so my extra plan is to try to make like $1,000 payments a month for the card. Wonderful plan.

Why is it not happening? It is now. I mean, I made my big payment two days ago. Okay, so you did one. Right. But judging on the entirety of your picture, it's like, okay, I'm going on a finance show. I'm going to do this big thing. Well, no, this is way before your financial show.

You said you just did it. Right, because I just got the money. That's why. So this doesn't have anything to do. I'm so confused. Okay, so this doesn't have any. Your entire picture shows that your behavior is bad. You got into this debt.

You haven't been putting money towards it. Your debt has only gotten worse. And then you made one good thing. Right. It's like me having one day of not eating shit and saying I'm on a diet. Well, I'm never going to be on a diet. But my thing is is, what I'm saying is I think everything happened for a reason, right?

Because before I came, before I came on the show, like, I was like, okay, I need to figure out something, whatever. So then, boom, I got this, this money. And I was like, I'm not going to waste it on. The bullshit. Yeah, I'm not going to wait. No, I got it on something else. Can you tell me? No.

Okay. So. So it's not even. So, no, no. But it's extra. So that didn't even count. But the thing. Because it's not even earned income.

Right. Well, what I'm saying, though, you're not, I'm not even starting. But I could have. Only because you got extra. Not from your actual budgeting, your $100,000 a year. So if you ask me now, what am I going to pay on now? What I'm saying was, I could have took that money and blew it, right? But no, I was like, you know what?

This is, I'm going to start. I'm going to go to this financial show. Learn how to do something else a different way. But as it is, it's a baby step, right? So now if I, like you said, what, the baby step? Nah. What? That'll get it.

It's okay. Oh. Dave Ramsey. Oh, I know what that is. So what I'm... Old bald. Yeah. So what I'm saying is is that, yeah, I might have spending back then, but...

Like a week ago. Okay. Okay. Okay. I'm moving on. I don't need to hear this. I'm sorry. So the thing was that you got to give me a little tiny bit of credit.

I'm actually trying. I know. No, you got extra. You got extra money so you put it towards your debt. You're not doing it within your own budget. It means unless you get another big pool of money that comes in from whatever source. That means according to that,

you don't make any progress. Well, no, because now we're talking now like now, right now, right? So I can sit here and say what I could have done. $1,800 more than you brought in after a bonus this last month. So where are we going to do to fix it?

How about that? Huh? What are we going to do to fix it? I got to get through your finances first and then we talk about that. Because you got like five gray, because you got five gray hairs just by talking to me.

Mm-hmm. You're probably going to get five more, so keep going. Mm-hmm. I'm going to eat my tumm first. I'm giving you heartburn and stomach. You got gas? Jesus.

Not gas. Just acidic. Okay. Loan amount. Remaining $9,314. With a $650 minimum payment. These minimum monthly payments are stacking like crazy. We're at like $1,700 in minimum monthly payments.

And we've barely even touched all your debts. This is a 16% interest. Why did you take out $17,500 at 17% interest? Why? Why? What is happening? Because I had to replace my roof. Okay.

What happened during your roof? In San Antonio? Y'all, well, they're here in Texas. Well, what about your home insurance? Oh, well, they were like, oh, well, we're only going to put, what, what do they say, a thousand on your? I said, what? That doesn't make sense. I said, that's a thorn.

What am I supposed to do? I didn't, I didn't know. I was also told that I could have used. FEMA but I didn't know I didn't know about that well I don't know about that one specifically but people get Bay it borderline free roofs in Texas exactly what I thought right but they were saying and that's when I got rid of Geico I would have USA I don't know I would have talked to someone that may have been able to help you on a legal front well I didn't know so I didn't know I didn't know I paid a thousand hours for a

brand new roof on my first house after a hail storm I was like oh no guys it hailed well well that probably was because you did it right afterwards right but I didn't know that my when you do it oh oh So, I mean, I'm not like I get on my roof and see it. What happened was, um, shingles started falling. And I was like, what the fuck? And they said, oh, well, it's been too long since the storm. I was like, well, how am I supposed to know?

But you made so much money. I'm so like you had to take out 17,500 is insane for your situation, though. And more insane is, okay, maybe you had to take it out of that moment because you didn't have like an emergency fund. By the way, we have emergency funds for these kind of things. Fun facts. We can talk about that more. But either way, it still shouldn't exist. what happens when you have a loan at 15.99% interest rate or a credit card a 30% interest rate

we sacrifice everything until they're gone and we have a fully funded emergency fund and they cover the next roof thing when the next thing that hits like that's basic sacrifice so that you're in some kind of any place of security you have an incredibly blessed situation of this monthly reoccurring thing from the retirement it's it's awesome and it's through the service you paid i mean don't get me wrong you worked for it but that's coming in like i would just be living off my absolute minimums, get rid of my debt, have a six-month emergency fund, then fall out like crazy. And that's the goal. But that's the goal, but you've done absolutely none of it.

A goal without actions is, fuck you. Well, now we're doing actions. So that's what we're doing. No, you had a little bit of extra money come in and you put it towards it. It wasn't from your budgeting. It wasn't from behavioral changes. It wasn't from sacrifice. It wasn't through anything you intentionally did.

You got extra money. and I paid a bill where I could have just blew it off or went to You're right, you could have been worse. Right. And I'm so give me. But I'm not going to celebrate being slightly better than dog. Well, and that's fine. So let's keep going.

Trust me, I will. I am. You've paid $2,000 in this year so far on interest on this. The last one on the city double cash. I can't see. Oh, wait, 836. So we've paid. What are we at?

$7,000 in interest so far this year? seven five seven something like that i don't remember what the first card was i mean that's this that's insanity itself harley davison do you have a motorcycle i sure do okay you have a car on top of it or do you have a truck it's okay paid off the motorcycle's a want then if i don't well because i'm so confused why we need this when we have all this horrendous debt so the motorcycle was before I had all the debt, before I had all the debt. Because the motorcycle actually was a whole lot more than that. Yeah, it was before I had all of this debt.

How much was it? It's 48. It's a nice motorcycle? Yes, because I ride it everywhere. My truck is 10 years old, and I'm trying to keep my truck till the wheels fall off because that's the last thing I have with my dad. So I don't want to drive that every day. And I work 45 minutes.

So we get something for $50,000? Like, get a $10,000 in our car. Why? I save money on gas. I save money on gas. Dude, that is not making up the extra $40,000. I don't even owe $40,000 on it. No, no, no, no, no.

Between the $50,000 purchase of this and a $10,000 car that you could have gotten, should have gotten, according to a financial situation. Wait, what car you know nowadays is $10,000? What car? I don't do use cars because let me tell you why. Well, there you go. That's why it's because you don't do your cars. Well, no, because here's the thing, right?

You go to a used car dealership and they say they certify it, right? However. No, I never trust that. You get a slip to be able to take it to a mechanic or trust a mechanic. Well, I don't know. mechanics and I don't and it's different when women do it because men try to get over because I promise you when my truck um in uh transmission went out they were trying to rate me with 10,000 for a used transmission. I was like what but then I went and got my cousin and had him go and they

knocked it down to 7,000. Yeah that's an actual real thing. So I mean sometimes we have to just bring I mean that sucks but sometimes just like bring your cousin you know what if I didn't have that. You see what I'm saying? Okay but you do. No actually he so happened with here business and it was perfect time. You have your son. You have your brother. They are men. You brought up that they're men.

Okay, well, you're scary. They're kids. You can you could you could beat them up. I mean, that's besides why. I try not to be that way. But anyway, so I got that because I drive everywhere with that. Well, I get that but she's spent $50,000 and sometimes we don't have a new car is one of the

worst purchases you can make financially ever because it goes down in value almost immediately. headed off a lot, especially heading back into a more normalized car market recently. I mean, everything. Because like a used car holds better. A used car is more than a brand new car. Have you looked? Well, it depends on what you're getting. You can buy

anecdotal. Akia. Oh, I thought she said IKEA. What do you mean? Akea. So you look at a key, right? If you went to a certain Kia dealership, maybe, but there's also private market. I'm not saying this is the easiest thing in the world. Trust me, don't get me wrong. I know I'm using lots of broad things because, you know,

We have like an hour and a half and it's going through all this like we could spend a whole week nine hours a day. You get in a headache and you get more gray hairs. Yeah, exactly. But in general, it's the work you put into it

is how you get the reward that you desire. If you're putting in, you know, hours and hours a week looking for used cars on private sale and through car dealerships, you get the slip, you take it to a mechanic and maybe you don't have that relationship yet,

but you use the resources that you have, the people that you have and you just make sure that it will get you safely around for years to come without putting substantial money into it and then you get the car check the value across multiple websites so you're not getting swindled and yes you can find used cars it's not a two thousand hour used car market anymore it's not a five thousand hour used car market anymore but it is a 10,000 dollar used car market 10 to 15 it is you didn't have to get a 50,000 dollar motorcycle so that you didn't actually 50,000 around it was but it was close to it

So well then it's the same things though yeah 10 to 15,000 hours versus almost 50 it has a massive gap okay so let's move on no that's you no what do you I feel like no I mean you look at you look that and it's just like like like no because because you're getting frustrated with me wait because you're getting frustrated with me and like well and that's the thing like I don't need you to get frustrated with me I because I'm I'm here and I want to hear with your devices, but I don't want you to sit here and get frustrated. And like... I think I just gave like the most tame five minutes speech I've ever given.

And you were like, let's just move on. That means it just went, it just bounced off like I was playing ping pong against the wall. It's not that it bounced off. It's a point that like I'm not... This is Euphoria Calvin Klein, the new elixir collection featuring three perfume intense scents, inspired by a unique orchid accord paired with vanilla,

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Discover the euphoria elixir collection by Calvin Klein. Buying anything else because the goal here is, and you don't want to listen, that I am trying to pay off these bills. That's why I have not bought anything. I'm not going anywhere. Like, I am really focused. That is not reflected in your statements. And the only reason that can be is because

you literally have just done that. And if you are just doing it, that means nothing because anyone can diet for a couple weeks. That doesn't matter. Right. If you're dieting for multiple months, going to the gym for multiple months, that's when I'm like,

yeah. Anyone can cut spending and pay off a little bit more debt for a couple weeks. So bring me back to your show. Just bring me back to your show at the end of the month. I mean, at the end of the year, and see the difference. I'd be happy to. No, I just want,

that's what I'm saying. Bring me back at the end of the year because right now you have this picture of me, Right. Oh, you just, you don't care. It's in the numbers. Right. And here's the thing. And your reactions.

And the thing was, was this is, yeah, it just because it seemed like, oh, well, you came on the show. And now you're trying to know. It was the sum of the fact that I was actually like, wow, and this some shit that. I just said, okay, I actually sat down and was like, this is what I need to do. I need to change this, this and that. And then I get this call to come on here, which it all coincides. So everything I'm telling you for you right now, it doesn't matter because it doesn't show. However, I can sit here and talk you to you blue, right?

I'm a person that actions be louder than words. That's what I'm saying. Agreed. Right. So I say. And I'm talking about your actions. Right. And so I'm saying, talk about my actions now.

Fine. But by the end of the year, bring me back and then see. I'm happy to. Come on our follow up. It's blowing up. People love it. That's right. So I wasn't blowing your $10,000 car off.

I believe you. However, I'm not going to go out and buy one because then you're like, well, what the you're just talking about you're trying to pay up your bills and you went and go bought a $10,000 car. necessarily not necessarily there are lots of situations well instead of assuming how about you ask because there are lots of situations where someone has they're close enough in their equity position in their car to the value of their car but if the balance is so high where it's a stupid to put in their debt payoff journey that it makes sense to trade it in borrow the difference and then borrow enough for a 10,000 hour of car

sometimes that makes sense because you can bring down a loan from like 40,000 hours 30,000 hours to what car would you want me to trade in I don't know so well no no no no that's an example that's an example that's an example For your situation, it might not make sense. I don't know what the motorcycle. What's the motorcycle worth? Do you know? It's for a lot because it had worked on. It did we check?

So, yes. Okay, we don't have the vent, so we didn't check. I would have it to you. I didn't know y'all needed it. It's okay, no worries. But it's owed $19,482. And 60 cents. Do you have it by chance?

Okay, can you shoot it over to him? Can I get up? Oh, is it out there? It's right there. Oh, yeah, go for it. And while he checks that, we'll continue. So talking about you got, you got the bike to save money on gas. How much do you spend on gas this previous month, this most recent month across everything?

To save money on it? I don't know. I don't know because I didn't, I wasn't able to ride a lot this month because I had surgery. So on a normal basis, though, when I'm riding my truck I'm usually putting anywhere from like 100 to like 100 every like four days because I work 45 minutes

The truck? Yeah. So you do drive the truck? Only because I had surgery. But normally when I haven't had surgery I'm like it only costs like $15 to fill the tank up. How often do you fell? Maybe like if I fill up on Monday,

I don't have to fill up again. It's like Sunday. Okay. It's been so. $637 on gas. That's the truck. But normally, like I say, I ride my bike everywhere because it does save a lot. Well, again, I mean, you got a $45,000 motorcycle for it with a $660 minimum fee payment.

What's the interest rate on this? I think six. Okay. It's not horrendous. With the appreciation and everything, maintenance, all that good stuff, gas, car insurance, the payment. It's definitely not keeping up with the overall market in terms of our value of money. so it's still probably a payoff early type situation, but it's not like a we will,

we will emergency. And it fits in your income now that it's at $20,000. It was a bit aggressive probably when you got it. Okay. Well, keep going. What was this? Is this another personal loan? No, that's the same.

That when you said about the city, that's the new one. Oh. So it went down. So I want to look at you. I was like, that is not right. Oh, it went down $200. Okay.

Okay. So City revise it down from $8,124.1 to $7,981.91. Congratulations. Your debt went down $200. Out of all the extradness, yes, I understand. A total of $480,000 a debt. Oh, so which is the mortgage? Mortgage.

I'll talk about that right now. Okay, yes. So this is incredible. delicious wonderful absolutely love it 370,056 and 7 cents is the mortgage at a 2.25% interest love it

1,869 and 79 cents a month love it, love it, love it cool not much to complain about there so throw it on a floor though it was meant to go right there at Slid

this I do have to complain about it Yeah, I will too. You got an home improvement loan? Yeah. At 7%? What did you even get? Better have put value into the home. I put a pooling.

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that one, it was just a, oh my God, I always wanted one. And now I'm like, God, why would I, why would I done it? I mean, if I can go back, if anything I can go back, I would go back on that one. I would be honest with you. I wouldn't have got it. Period. Why? Because nobody used it. I'm not home at enough to do it. And the kid, I thought he would have got it because he asked for it and he don't even get in it. Didn't even get in it, I should say. But that would be one thing that I regret. So I don't think he understands the value of it. I mean, he's probably getting his use out of it. But it's like $49,000? No.

He didn't even get a used out of it. Trust me. Okay. And the payment on this, but again, It's a stack it up for a minimum monthly payment. It's at 7% basically. $372. And it's at $50,000. It's crazy. For the bike, we need the year-make model mileage condition. Rogue Lye Special at 2020.

It has... Round. Thank you. 20,000? All right. And the condition, like new. Like new. I think it's 20.

It might be a little bit. How many have you had this pull-on? Um, three years. What was it at the beginning? Because it's at 50 now. Oh, three? What years is this? 20-24. So, I'm sorry, 20. I moved in this house. 2020.

I had to think when I moved in the house. Okay, yeah, how much was it? It was 50, right? It's at 50. 56 then? 56. What is that? Dude, it's a $49,740.

$740. What was it? I think it was 56, 56 or 58. So this is all going to interest. Okay. Yeah. It's going to bell curve that. So I have to agree with you on that one.

That was a pissboard choice. It was. Is there anything you don't agree with me here on? Yeah, my bike. Everything I've said is very reasonable. I don't agree with you on my bike. What did I say that you don't agree with him? Oh, you could have bought a $10,000 car.

Yes, you could have. While you were getting out of debt, I get a... I wasn't in debt when I got my bike. Did you have a fully funded emergency fund? I did. Six months of living expenses, all saved upon the side. I didn't have a story. It was a bad decision.

What happened? I moved and I got back with my ex and he was like, well, we need a bigger house because I have all these cars, blah, blah, blah, and I was like, fine. And then it was, well, you know, it's going to be yours. So what did I do? I try to make him feel like it was here. So I got rid of a lot of stuff so he can put his stuff in to kind of build together. Well, that shit didn't work So needs to say we ain't together

And Lisa say that I should just stay where the fuck I was at And not worry about it and not going to pay Because I had a house Yeah And then I only had the house for like seven months Oh so yeah with like the fees and everything You definitely had a loss Right and then

You let your boyfriend that you got back together With convince you to sell a home after you just got And get a new one? We were together for like five years Oh man. So it was, yeah, we're going to do this for real and blah blah blah. And yeah, I knew it. I was like, should have felt with my gutter instincts.

But anyway, that's on me. That's the choice that I made because I thought that it was going to go somewhere. I might sell your bike. Nope, not going to do it. So you're not willing to sacrifice. Just that. Remember when you said it was just the eating out? Now it's just that.

There's going to be lots of just that. So the only thing I will not like bend on is, like I'll say. told you my truck. My truck is the only thing I left for my dad. The bike. So I'm not going to well. People who don't bend and sacrifice don't get anywhere. I sacrifice a lot. You're not going to get to I do. You it's just a story behind some of the things like I can okay I can get over the Friday thing. Yes. But those two things. You need to get to $1.4 million in retirement in five years. What do you have? What do you think you have? Well I'm I'm not nowhere close to that. I could tell you that. But that's why I was saying that then you're never going to.

to get there. That's a dream. It's a pipe dream because you're never going to get there because you're not willing to sacrifice anything. The fact is, I'm running a sacrifice to leave America and go and work overseas to get that. That part's great. So that's what I plan on doing. Will you need your bike there? Of course. That's all I'm going to take with me. I'm not going to take my truck. Listen, this is what I would do personally. As someone who also enjoys fun toys, not bikes and motorcycles, but I do have my own fun things. I'm sure you got an $80,000 car. Huh? I'm sure you got an $80,000 car. Oh, no, you got video games, right video games yeah yeah so so that's why you're hearing my thumb hurts as I was playing so so college football video game as I have a nice house I have a nice house what I say is for my bike

is it's mental for me it's um the trauma that I went through losing my dad that's why I had my bike I got my dad started riding his bike I traded his bike in for that one because it was too emotional Okay, here's what I was going to say about the bike and the toys and what I would do with toys, right? It's not a toy for me, though. Okay, but by all technical sense, it's a toy. And if we're just talking finances, I get it. But this also wasn't the one that he drove, so. And I explain why.

Okay, so let me explain what I would do as someone who enjoys toy. Let's pretend like this is the toy that I like. Because you actually have a 10,000 hours equity into it. Because it's worth 30,000 hours, 31,000 hours. So you actually have like, you know, and you own 19. So that's great. I would actually sell it right now. Pay off that debt.

Put the $10,000 towards one of your other major debts. I mean, it totally, it pays off your personal loan, which is at an insane interest rate. It could also pay off the city card as well. Or it could put a big chunk towards the Southwest card. I would do that. I would do the overseas work for a couple years. Pay off all the debt, have a fully funded emergency fund. and then I'd get a $75,000 bike.

I'd get a, well, it's an example. It's an example that you can sacrifice now, go crazy for a couple years, and get the sexiest bike you could ever dream of, ever. It's a temporary thing. I'm not saying I don't want you to have it. I'm saying literally a couple years without this can get you so many places.

That or, you know, honestly, because you make a good income, if you actually sacrifice and do not spend money other than other than your basic living expenses, you're going to have to pay off because of this an additional essentially $30,000 in debt that we haven't talked about

because you don't have the $10,000 going towards the extra things and you have the additional $20,000 of motorcycle debt. So maybe you need to stay an extra like year or something, you know, overseas or maybe six months. So you can do that as well if it's really worth that to you. To keep this bike, if it's worth an extra year of work for you, do it. But that means you have to be sacrificing through that entire time. And that is hard for people to do.

It's hard for people to sacrifice for six months, let alone a year, let alone two years, let alone a half a decade. So whatever is required, you're making it harder and harder. I would just say, okay, let's the sacrifice, let's get rid of some shit right now. Do you have equity? How long have you owned this home?

I can get rid of my house before I get rid of my bike. How long have you owned this home? Four years. Okay, you actually... My house is worth more than what I owe. So trust me, I can make a lot of money on it. And I'll get rid of that house

before I get rid of the bike. Well, I would do that too. And then maybe pay off some of the debt as well. you know, depending on what you have, and start throwing things towards retirement. All I'm saying is, if you're going to work overseas, especially, but you can get rid of some things now. You okay? What happened?

Oh, okay. It's okay. Good? You're going to stand up for a second? It's okay. Sorry. That's okay. Okay.

I'm going to move on to your checking account. It's only $300 in there, which is absolutely insane. At the time of this statement. doing a vending machine lots i see ottawa purchases for the kid even though he's not there uh we're door dashing cook slash

cash a half out ten dollars cash half out 30 dollars pick and pack 76 dollars round rock oh okay round rock sports there's more gas going inside a gas station going inside a gas station getting some bullsh going inside a gas because you weren't driving no more like i know you want to spend it a few dollars on gas go inside getting some bullshit

you stop in and get things at the gas station No, that one was, I had a basketball tournament, and I got it for the girls. What? What did you get? It's a gatory for the girls. Okay, well, I see like four stops of inside purchases. Yeah, that's the weekend that we had a basketball tournament. I coach girls basketball. Oh, gotcha.

Go inside getting some BS. Apple cash, $15 out, Amazon, Apple Bill, Nike, Cajun, DoorDash to Cook Sash, $70, Amazon Holiday Inn. So I got refunding the Holiday Inn and the gas for the basketball. Okay. Apple. Potentially gas

for getting some bullshit. It's hard to tell. Amazon ATM, which are $100. Who knows with that one? Apple Cash sent out $100. Dunkin Donuts Chipotle. Getting some gas there. Vending machine. Adam and Eve.

Why are you telling my business? Well, now I know you want the kids to leave so you can be loud. Studio booking. At least I'm lying with myself. Okay. Say, I'm just saying. Okay.

Right it up. Moving on. Let's you get. Venet machine. Venet machine. Once I get into BS, that vending machine was BS because that had put me on Mids and I would never work midnight nights again.

I was struggling. Struggling. Okay. That was, I've never been in a vending machine before until then. I was like, holy crap. At 2 o'clock in the morning, I was like this. Okay. Going inside getting some bullshit. Golden Triangle. Golden Triangle.

What's going inside getting some bullshit? What's going there twice? Golden Triangle. What is Golden Triangle? I don't know. You went there twice. What's the amount? What's the amount? $12 and $9? Smokehouse. Going inside against a BS. Potentially going inside getting to BS.

It's hard to tell. Amazon. Golden Triangle again, $20 there. Amazon. Liquor store. Holiday Inn. Yeah. So Golden Triangle is not. That's basketball. That's what that is. Okay. Well, you're spending a lot of basketball. Well, well, you have so much debt and want to retire in five years, then you're not willing to get rid of your motorcycle. They give it back.

So like... All of it? Everything? So the expenses when you're coaching. Yeah. So you do all the expenses and then they pay you. So next month they'll reimburse me for everything. Gotcha.

Charlie's Philly cheese steaks potentially going to take it into BS. Cash out $20. Dollar Dach. Randolph Commissary Commissary Oh is that Grocery store

Grocery? Yeah, it's a grocery store Potentially going inside against a bullshit McDonald's Nothing bunned cake Wow, I didn't know People actually got that

It was a birthday cake I think I saw it on Shark Tank Yeah, it was a birthday cake Apple I mean you're spending So much money going out to eat Dude

And we have so much Interested And so much debt to pay off And you want to retire In five years This doesn't make sense This is more than Just having your Friday

Your special little Adam and Eve Friday this is that there's you're going to get with the out of me we don't want to start that it's but this is so much more than so right so that's when I like I said the out going on to eat

I was like reason why because I feel like I gained all this weight and I was like we got to do better than this okay that's because a lot of it was traveling and that's why I said like I'm just going to start cooking like like you know how they do prep meal

prep meal prep yeah yeah do that because like I ain't a lot some days I like they be like here And I would like take the car. I don't care. Because I won't. Some days I won't even eat. I do like just take this car. Um, because I've been like really on the road doing a lot of different, um, events. So that's why I was like, hey, we're going to stop because this is crazy.

Like I looked at that and I was like, who. I couldn't spend all that on groceries. Yeah. Bases. Amazon Amazon. Apple Cash sign out. This is so much. Amazon nails and spa.

Door Dash and Chipotle. Uh, home and garden something. patio bar, home and garden $186 there Apple Bill Michael's Amazon Amazon Vivint Inc.

That's my alarm Okay Wing Daddy DoorDash Oh my gosh Netflix is insane Vennem machine Vennem machine Vennem machine Vennem machine Vennemachine Vennemachine Oh and Netflix had a return

Because I counsel date Good They don't have anything on there Mexican restaurant Beer and Wine Tech Port Center tanks pizza Etsy's

heels on something $145 okay that is an insane amount of money that is an insane amount of money

and just again for me personally sacrifice sacrifice sacrifice yeah sacrifice is huge but again it's more

your behavior is out of control to get to your goals and I know you've made progress for one week and okay fine let's have a little happiness for that? Okay, done. So it's just that none of the progress you've made has been within your own

efforts. It's all been because something else came. And I don't know what you are going to do. You're going to turn to move overseas to make more money. That's fine. But knowing you're spending your life spending $1,800 more than came in after a special month where you got bonuses, you're just going to lifestyle inflate yourself. You're only

getting into debt and more debt and more debt. The debt went up and you spent money on bullshit. Your categories. your spending categories were insane of the money that you spent which was two thousand hours more than you brought in housing 7.4% of your spending phone point five that's not bad transportation because you spent so much on gas and i don't even talk about insurance yet 11.3% necessary food well we thought now we didn't recognize a couple of places it was a little higher but going out to eat was 9% or 1,148.82 cents unknown spending that's typically amazon target it's hard to know what's going on there same with Walmart 8.6% of your spending or $1,107. Walmart is grocery shopping. Okay. I didn't see too much Walmart.

And I also didn't call out the Walmart, but I saw a ton of Amazon. That's majority Amazon. Miscellaneous bullshit things that do not actually contribute to your life in any whatsoever. $68,08 or 5.3% you're spending. Other large purchases, 15.7% you're spending or $2,022. And you know, Amazon does go grocery shopping now. Yeah, and do you do that? That's what that is.

All that. So you're getting a thousand hours in groceries plus and a thousand hours of eating out. That's insane. That makes no sense. Well, that's a ridiculous amount of spending when you have so much debt and you want to retire in five years. And that's why, like I said, I would rather. Okay, great. So like, what am I supposed to say to that?

I don't know. You're supposed to tell me, okay, this is what the plan we're going to do. And then. We're almost there. And then you're almost there. Okay, this is what we're going to do. And if you talk about all this shit, we'll see when you come back at the end of the year with you done. That's what I want.

We're almost there, I promise. The miscellaneous spending was around Rock Sports, the Apple, the Nike, Adam and a native studio booking. We thought the commentary, but it's not, because sounds like you're like eating at the place, but I don't know. Home and Garden Athletic Center, Techport Center. See, some of this was reimbursed, I know. The other arch purchases the Ottawa University of 1,278. I know you said that came back, right? Cash out, $101, $101, a holiday end, $236,000.

$800, $100, private school fees, $5,000. $0.95 and UPS store $19.508. I'll make your budget. I'll tell you what you need to live. I'll tell you how to do it and how long things are going to take. But again, it requires changing your behavior other than just one extra special little thing. So $6,000 comes in on a monthly basis. Wonderful.

Let me get your minimum monthly debt payments besides your mortgage. This is already insane. This is insane. $2,7005 and that doesn't even include your mortgages. That's crazy. That's saying. Your mortgage is $1,869.79. Okay, doke.

So what is your utilities? My electric is 100, and my water bill is $40. Internet? So no gas? No, I'm all electric. Internet? It's $89.99. That's internet and cable together.

How much you drive normal month, Vroom gas, your gas, for your driving. I work five days a week, every month, every day. So what is that? What is five times? No, no. How much do you spend on driving gas?

What do you mean driving gas? The gas that you fill your motorcycle with, what's the average monthly payment? Average, let's see. We're thinking about maybe $80 to $100, I mean $80 to $100, depending on the inflation of the gas for a month. Sorry, for me one more time. What was that? So it's maybe like $80. maybe close to 80 in the middle.

I say 80 between 100. It depends on... Okay, I'll do 90. And car insurance across the board, both. So I pay $700 every six months for all three vehicles. What's the other one? My son has a car. Is he going to take care of it?

Once he gets a damn job, yep. Every six months? Yeah. 117 a month, okay. TP fund, $100, anything else you need to survive? That's where your Adam and Eve goes. That's where your makeup goes. That's where all that good stuff goes.

Pet insurance, you have pets? No. Okay. I don't wear makeup. It's all your extra stuff. How long until the kids are gone? Have you put a hard limit on it? Well, we'll find out when he takes his ass bab on Wednesday.

And my son graduates in January. So you take care of groceries for everyone? Yeah. You're going to put a $700 limit on that. I'm going to be meal preppy. and they take it or leave it or spend their own money. Anything medical co-pays? Anything like that?

I don't really have co-pays. If I do, it's maybe $20. Okay. Phone bill? It's 80. Do you own your phone? Do you own your phone? Yeah.

You do? Yeah. When it's paid off, switch to helium, $20 bucks a month. Who the hell is that? Though for overseas, maybe not actually. Well, then again, you would get international coverage, wouldn't you anyway? It's one of those third-party services, like, and stuff like that that uses the same towers.

I don't know. But you had to tell me more because I ain't never heard of it. I'll send you all. I wrote a little song to remind you, Choice Hotels gets you more of the experiences. You value. The Canberia Hotels got it all.

A rooftop bar, have a ball. Cocktails up here feel just right. Is Camry your home? Bring a date, your team, or even your mom. Book direct at Choiceotales.com. you on the roof. Information after this show. Well, this is good through your budget, though.

But for now, because you still on your phone, it's 80 bucks. Yeah. Okay. That's for two lines. It's not the worst. But again, when we're starting to save money, we save money. Okay. Anything else they need to put in your budget that I'm having yet?

By the way, for your son that's going through the schooling, now it's not trade school, but because you're on the show, I get the gift a quarter. a course career certification which is like accounting certification or something tech related and if he wants to take advantage of that you just let me know

okay and this is why we don't have your special little Friday budget and I was and I told you exactly why to begin with if we only had a couple hundred dollars and we barely even have that if $6,000 comes in a month it costs you minimum

to live $5,896 dollars. Okay, let's just do a little math for a second. So you have an extra $103 a month, 103 bucks a month. And Noah says there's some extra tea about your son crashing a car and some extra stuff about your brother and stuff. And I think we're going to save that for the post show because it's just a little more drama driven.

We are basically halfway through the year. And I need to make sure you guys are saving your money in the right place. In my resources section in the description below, you can sign up for one of the best high yield savings accounts there are, but you can also get $300 for free with qualifying deposits. You can also get FDIC insurance up to $2 million on your money and get 4.6% on the money that's just sitting there. It's exactly where I put my money. Why let your money lose money when it could be making money?

It's the biggest no-brainer in the world. Open up a SOFI high-yield savings account now and get that $300 for $300 for money. free. But I want to do some extra math here real quick. Your debt not including your mortgage is $110,044. Okay, wonderful. You have an extra $103 a month. Okay, you want to retire in five years, but it's going to take a thousand, sixty-eight months to pay off your debt without any interest, but also not taking an account the extra minimum monthly payments that you'll have to be able to put towards your debt once you pay off a debt. Yeah. So you'll pay off your debt in 89 years. Jesus Christ. I'll be dead. Yeah. And that's without you spending literally any money

on fun. So I don't think there's excuses anymore. Now you almost have to get rid of the motorcycle. Now you definitely do not get a Friday of super excitement. Now, like, it's either you're getting a second job if you want to stay here or go work overseas and cut your budget to nothing. but you need to make more, you need to make as much money as you have the ability to, which sounds like you have the ability to, for things we're not going to go into. But go ahead and do that.

And every single penny that is not going to you living needs to start going to debt, because not only you're not going to retire in five years, but you're not going to be able to retire in your life at this point. Because, I mean, just getting debt minimum monthly payments on your budget, I mean, was not including the mortgage, $2,7005. So let's say you just have your retirement income that you currently have from the military. You can only live off $1,000 a month. And you just can't do that because your mortgage itself is $1,869.

So we might be selling the house if we're going to go do overseas. There's a lot of options. You said you had hard lines that you weren't willing to sacrifice. And you only have $100 left a month. So honestly, you're right. Come back by the end of the year. Yeah. But right now, there's no plan without you just making some sacrifices and you put red lines in the sand.

So that I have no desire. to give all these lists of options because you aren't willing to sacrifice in general audience. I didn't say I wasn't willing. Get rid of your motorcycle tomorrow. Oh, we'll think about it. I ain't going to say I'm not. I didn't say no.

I'm just saying. I got to, there's a lot of stuff that goes with that. Hammer Financial Score, spending in a budget. You overspent by $1,500 so you don't get any points there, zero out of ten. Your debt, you don't have anything in collections, but, oh, those payments are so high compared to your life.

it brings your budget, your necessary budget. 2 out of 10. You don't have collections of IRS that. That's the only reason it's that high. Emergency if you don't have anything in savings 0 out of 10 retirement. You do have that government thing that's going to help you. But other than that, or the military thing, other than that, you don't have really anything else.

So it's not like thrilling. I'm going to do a 4 out of 10 there because at least that's guaranteed lifetime income. 7 out of 10 for the house, though. Love that. Love the equity position. But obviously still technically have risk on it because there is a, mortgage. It's going to be a hammer financial score, two and a half out of ten. Stick around for the post show. We're going to jump into some of the drama that I guess there is

that we didn't have a chance to talk about that my producer knows about. So join in the link in description below. And also feel free to check out all the links for the resources that I use or would use in specific situations there, including the best budgeting and investing programs that can be found anywhere online that are now bundled at a lower price. And you get a free $100 in cash coupons to invest in your own investments. Thanks to Mumu. So, stick around for the post show. Today on the Financial Audit Post Show.

No. For $22. You can get yourself like this. Wow. See, look, you already like it. Look, look, Adam Eve is calling his name. There you go.

You have to be careful because you might order something and you may not be what you've ordered. Uh-oh. That doesn't seem fair. But the thing is, they'll replace it, but they won't send. I was like, well, can I send back what you sent me? They're like, no. So I have this.

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