Financial Audit - She Blames MAGA For Her Debt | Financial Audit

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Starting point is 00:00:41 Tap the banner or visit usa.com slash auto discounts. Restrictions apply. To watch episodes of Financial Audit a week earlier, check us out on YouTube. I am actually kind of in debt because of the past election. If Kamlo was president as well, would you be saying the exact same thing? That because of the last election, you have lost money. I'm actually really good with numbers, and I get told all the time that I should have been an accountant, and as much as I don't want to. Why are you crying about being an accountant?

Starting point is 00:01:06 Because I don't like the job. It's got to be better somewhere else. It has to be better anywhere else. With a refresh look and upgraded features, download Dollar Wise, the best budgeting app there is. And until October 27th, you can lock in the first three months at over 30% off, or upgrade to annual, and save an additional 25% and get a free signed cook. by me. Download the dollar-wise budgeting app today and take advantage of your free trial. Hi, I'm Lynn. I'm 31 from Kansas City and this is Financial Audit. Yes, it is. Thanks for coming down to Austin. What do you do up there for a living?

Starting point is 00:01:43 So I'm a hairstylist. I own a salon and we're building out some stuff. They are curled? Yes, they are curled. I see. Yeah, that's what a hairstylist would do. Very good. I'm trying to permit. Trying to. Is that a multi- weak process? It is. Your hair's not healthy enough to do it.

Starting point is 00:02:01 Huh? Yet. Yours? Yep. You said yours? Yeah. Talking about me. My hair.

Starting point is 00:02:07 You talk to yourself in the yours? I absolutely do. Okay. I have third person conversations all the time. Hopefully not out loud. I work for myself,

Starting point is 00:02:16 so kind of. But there are people in the chair. If you start having conversations with yourself while you're doing their hair that they might be afraid that you're the one with razors and scissors. They are just as crazy as I am, actually. It's fantastic.

Starting point is 00:02:30 Oh, okay. Okay. Very good. So you must be making good money. Business owner, I'm hoping. Not as much. We've got kids at home and they're kind of the priority. Okay. When you say we, see, I don't know. Are we talking we as in you? Me? Yes. Sorry. I have kids at home and they are my priority. So I... Well, that's fine. I make so that I can show up for them. I choose to make a little bit less. So it's just you? It is just me. Okay, good.

Starting point is 00:03:00 How many? Well, not good, but whatever. It is what it is. We're dealing with it. How old are they? How many kids? Two, nine and eleven. So, what's going on?

Starting point is 00:03:09 So I am actually kind of in debt because of the past election. Why? I know it's kind of crazy. Well, at least you acknowledge it. What the fuck do you possibly mean? I don't know anything that happened the day of. of election or inauguration that was like all of a sudden, here's a loan.

Starting point is 00:03:32 In the federal government, please have it. So most of my clients are affected by how the economy works, including my... Well, that's everything in the service-based economy. Including my boyfriend's work. He's in construction. Oh, you have a boyfriend. I do. Okay.

Starting point is 00:03:45 And his income has been affected drastically. Or is he in construction? What do you mean? What kind of construction does he do? He mostly does flooring, but he's done a whole home... remodels. He does some handyman work here and there. But a lot of that work has slowed down as well. That's interesting because if I'm not mistaken, especially when home prices were soaring as materials were a little more expensive, people also stopped renovating as quickly. And that was

Starting point is 00:04:13 in the high inflation time. Wouldn't that have infected his job as well, about three, four years ago? So. And then got a little better for a while and, you know. For a little while, yes. And we were kind of doing okay at that point. Now we do live separately and we handle our finances all separately. You've broken up. No, we just live separately. We have fun. Do you say now? Yes. You were together. We are together. No, you live together. For a short time. It's usually indicative of a great relationship moving out. We did not agree on how some of the debt situations were being handled and to keep. Also indicative of an incredible relationship. Outside of that, it's actually wonderful. Sure, outside of the things where we agree.

Starting point is 00:04:55 on life matters. It's great. Yeah, it sounds like a nice friend with benefits. But we, to keep each other from getting tied to each other's debts, we decided to live separately. What do you mean? You weren't married. Yes. Living together doesn't all of a sudden make it

Starting point is 00:05:11 a legally binding thing. Common law comes into play. Are you in like common law marriage? No. Because we end a big reason to avoid that is, or a big way to avoid that is not living together. We don't share a mailing address. Mm-hmm.

Starting point is 00:05:25 So it can't be insinuated or taken as we are living together and presenting as a married couple because we aren't and we don't. So going above and beyond in that. So last election. Yes. I'm a little confused on exactly what you mean by that. Now, I know job numbers, jobless numbers, unemployment. Overall, I've covered this in the live streams on the Caleb Hammer Live YouTube channel ever since like the height of the best employee market in the history of basically humanity about four years. ago, you know, jobs gain on a monthly basis has been a steady decline.

Starting point is 00:05:59 You know, people think the president has a lot more impact than they do. Now you could yell tariffs, you could yell a lot of things, right? Which I'm sure you will. No. No. No. I really don't think they can impact as much as people say that they can. Well, they can.

Starting point is 00:06:12 It just takes longer. Right. And even the Federal Reserve, Jerome Powell, who is not the biggest fan of Trump, specifically says, we will not see the effects of tariffs for, like, a decently while. It takes a long time to filter through the economy. Yeah. People get hyper-political and excited online. But, you know, it's like whatever. But we're on the same trajectory

Starting point is 00:06:33 and trend that we have been in terms of job numbers added on a monthly basis. Right. Like, I, if we would be almost in a very similar economic thing we're in right now if Kamlo is president as well, would you be saying the exact same thing? That because of the last election, you have lost money. Probably.

Starting point is 00:06:48 So you blame everyone but yourselves. No. You can blame economic conditions. I bet people do less home renovations when things aren't as juicy. People borrow for home renovations. Interest rates are still high, even though they've come down a little. Even still, people are less likely to invest in renovating a house when interest rates are high.

Starting point is 00:07:06 I've looked at potentially moving out of the country and it's just never feasible. What does that make sense for? In what way? It's got to be better somewhere else. It has to be better anywhere else. Anywhere else? Anywhere else.

Starting point is 00:07:21 So you'll be moving to sub-Saharan Africa. I'm like, what do you say fuck me for? No, probably not. You said anywhere. Almost anywhere. Oh, okay. Pushing the goalposts a little bit. Just a smitch.

Starting point is 00:07:33 Okay, where's it better for you, salon owner, business owner? Salon owner, business owner, I don't know. I haven't actually looked that far into it. I'll tell you an economy that's doing pretty well in Europe. I'm sure you really like Europe. Poland, Poland's increasing. Poland's doing very well. But you know what happened if you employed other people in the salon?

Starting point is 00:07:52 You know what happens? if you want to fire them, oftentimes depending on what contracts you're on, if you want to fire them, you still have to actually keep them on for about a month, two months, depending on time. Well, luckily my boyfriend doesn't agree with that plan. Your boyfriend, who you're definitely not going to get married to

Starting point is 00:08:09 and are not connected to in any way whatsoever. So, okay, yeah, so he likes living here. I mean, it sounds like he has his own business, right? Yes, he does. So, yeah, why would he want to leave? I understand. That's where his logic and my logic sometimes don't always mix. Now, I'm concerned.

Starting point is 00:08:27 We can blame economic conditions for certain things, but you went to blaming the election. Yeah, a lot of things. That is just someone who does not take any kind of accountability or at least any kind of objective intake of information about the economy. Yeah, kind of. If you want to go straight politics about it. There are certain things if the, if he made. and illegal to renovate houses, yes, we could blame that. I think a bigger part of it is that they, a lot of places are worried about things going into

Starting point is 00:08:58 recession. Yes, and that would happen in the, if it was the other administration too. Yes. And so they, a lot of stuff comes to a complete halt. It doesn't even just slow down, like 80% of the work disappeared. Exactly. That's not the last election, though. That is interest rates being high.

Starting point is 00:09:15 That's the purpose of interest rates being high. To cool the economy, bring down inflation. And when you cool the economy, you bring it down. and you usually when interest rates are this high compared to, you know, the average of interest rates in the past decade or so, when they're this high, statistically, a recession follows. So no shit.

Starting point is 00:09:29 It's about when it all started. And I'm not jerking off the president of it. I don't give a fuck about that. But when you're going and you're blaming something on something like that instead of actual, you know, objective information. It's the thing that makes it puts all of it together. It's a cope. Because so many people stop,

Starting point is 00:09:47 so many of the businesses that he was doing work with and contracting with completely shut down. Maybe they picked out their businesses as well. They completely shut down. So all of that work disappeared entirely for him. What were the businesses that shut down? And also, what does this matter? This is your boyfriend.

Starting point is 00:10:01 This isn't you. Because you guys aren't married together. You're not dual income. Like, I'm sorry, that sucks. I'd give him a handshake and a hug. But this isn't you. Because the goal long term. What about you in your business?

Starting point is 00:10:11 You said you're not doing well. No. And that's the last election? Yes. It's gotten much force with the last election. People still have hair. but the grocery prices, at least for I might have gone up drastically, and they are having to now choose going to the grocery store,

Starting point is 00:10:26 getting their hair done on a regular basis. Okay, depends on the food items specifically. You know the food item that went up the highest and cost this year so far? No, I don't. Coffee. Probably. Why? I don't know.

Starting point is 00:10:38 I can't drink it. But you're trying to blame everything on can't drink coffee? No. Is your body why? I have heart problems. I can't have caffeine. Don't do that. Yeah.

Starting point is 00:10:48 Yeah. Yeah. We avoided it at all costs. Oh, good. We. We. You. Coffee.

Starting point is 00:10:56 Yes. A lot of people thought tariffs. I thought tariffs. Then I actually looked into things instead of just blaming the last election. Bad season in Brazil where we get a lot of our beans. Was it really? Yes. Lots of drought issues.

Starting point is 00:11:11 That makes sense. Dramatically affected the supply. Dramatically affects the price. When you're actually interested in learning instead of immediately going to to politics of good guy, bad guy, my team, your team. You actually get to learn things and blame things. Some food prices are down. Some food prices are up.

Starting point is 00:11:27 Coffee is dramatically high. Eggs went high, have relatively come back down, not perfectly. Right. Meat is up. Some produce, berries are down. Yep. Are you suggesting that everyone in the median United States in your area is choosing, you know, oh, let's make sure we choose our steak over getting a haircut?

Starting point is 00:11:46 Yes. Yeah. On the supply of services. You're on the end of services that people wouldn't go bougie over in a downturn. And people are a little more nervous now. So I can appreciate that to a certain extent. But you are over-exaggerating the potential impact of what things are like at this exact moment. This isn't great recession.

Starting point is 00:12:03 However, it still has impacted us severely. My family, my children, myself and my children. And all other hairstylists. Tell me what's happened. I have a lot of this debt. Because we are, my significant other and I are trying to start a business, we are building out some salon suites. The economy is so bad. We, um...

Starting point is 00:12:26 Wait, but your own salon isn't working. Why are you building out more? I have a salon suite that I work in. It is licensed as its own salon. We are trying to... You have like a booth in a salon, is what you're saying. Nope. I have a whole private room like this room. It's an entire private room. It's one of those buildings you walk in and there's a ton of private rooms. There's only five. Okay, so there's only five in them.

Starting point is 00:12:47 It is very small. Gotcha. And it's more of a small. But what I'm explaining is correct. It is one of those places. Yes. Yeah. Yeah.

Starting point is 00:12:54 Sometimes there's a little hair massage booths. Sometimes there's a little, yeah. Some of them are offices. Exactly. It's a little rent-the-space. Got it. Sure. And you're trying to get more?

Starting point is 00:13:06 But yours isn't successful. We're trying to get more so that we can have other renters that can come in and rent those spaces. So you're trying to buy real estate? Or you're going to sell? sub lease. Right now we're going to sub lease. We have attention to if the economy is not good right now, if your entire justification for

Starting point is 00:13:25 why you're not doing well is because people are not willing to go spend on hair, why would you go rent units for hair being done that you would sub lease out? Because if it was, if yours was impacted because of the overall economy it would affect everyone. Now I'm a little skeptical to a certain point. Some things are impacted.

Starting point is 00:13:41 Don't get me wrong. I want to be very real about that. And one of the things people cut on on are, you know, services and things like that. But, you know, personal appearance, that is one of the things that people do still care about. It's a huge thing. I'm skeptical of you, the hours you're putting in, the price comparison in the area.

Starting point is 00:13:57 Yeah. What research have you done, price comparing in the area for what you offer versus what the median is? So there are, I think, 13 hair salons in town, and I am on the, like, lower side of average, price-wise. You're making me even more skeptical. Something's wrong. Haircuts in my town range between $45 and $75.

Starting point is 00:14:21 I'm at for haircuts at the $45 range. Some color services. Something's wrong because people will still get their haircuts. That is an objective reality. Yes. They will go to the cheaper one. If they're not going to you, there is something more wrong. And you're willing to admit.

Starting point is 00:14:36 Most of my services are color services. Okay. Well, yeah, people are going to cut back on that. Exactly. And that's where the majority of my income comes from. Help me do that? I don't know how to do that. Focus on cutting hair.

Starting point is 00:14:49 You just already answered that yourself. What I mean? You just answered that yourself. I do cut hair. I just don't have any just haircut clients. That's what we're focusing on building. That's what you're doing any kind of meta-advertising on, social media posting. Yeah, I don't do a whole lot of that either.

Starting point is 00:15:07 Well, yes, why would you do that as a business, huh? It's almost like the things that you immediately try to blame aren't what's actually holding your business back. It's almost like you are not serving the clientele on what the market is demanding. Who would have thought? I struggle to remember to do that. Because it's a lot to manage. It is a lot to manage. It's time to refresh your yard during spring backyard days at the Home Depot.

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Starting point is 00:16:08 I set myself reminders on my phone endlessly. I raise two kids. I raise two kids in managing all of their kids. No one's ever done that in the history of humanity. We're not all here because other people who've had kids or anything. That's never happened. That has never happened ever through the entire multi-hundredths of thousands of years of human existence. What, 250,000 years?

Starting point is 00:16:29 I forgot. I don't know. I couldn't tell you. You have kids? Yeah. Uh-huh. I've managed them by myself. Oh my goodness.

Starting point is 00:16:36 No one's ever done that. You'll get sympathy. You'll get sympathy for me to a certain extent, but you blame everything on anything outside of what you're doing. You can set a phone reminder. You having kids doesn't take that away. It's harder to manage doing that on top of taking care of them and doing everything to run. No. So you set a reminder.

Starting point is 00:16:58 That's what I'm saying. Having kids does not prevent you from doing this. Boom. And then you set a reminder. It's as easy as that, dude. Kids does not take that away. Your life is a little more hectic, but you also have a boyfriend. What are we doing?

Starting point is 00:17:12 How many hours a week do you work? So I average 20 to 25. Okay. there's another failure. Number two. These things you want to sub-lease, do you already have them? So we have the space

Starting point is 00:17:23 that we're building out each of the units. Okay. How many units are you building? Seven. So it'll be... Are these seven individual rooms? Yes.

Starting point is 00:17:32 So you already have... What's the square footage of this? The whole unit, the whole large unit we have is 1,400 square feet. Okay, so this is going to be quite tiny in rooms. Okay, got it.

Starting point is 00:17:43 They're actually larger than some of the other ones. And how many of you guys had this? A year, just over a year. The fuck is wrong with you? A lot. It's taking you so long. A lot is wrong with us. As in you.

Starting point is 00:17:55 Me and my boyfriend, since that's what we're working on together. Yeah, that might be projecting onto him. Why is this taking so long? It's been a year. It's been 14 months over a year. It has been. Oh, for sake. I know.

Starting point is 00:18:10 I said the same thing. We were in a car wreck, me, both, my kids and my boyfriend in August of last year. We signed the lease. Last year? Yes. We signed our lease August 1st. If you said August this year, I would be like, okay.

Starting point is 00:18:25 August last year, I'm sure that was traumatic. I'm sure that's sad. I'm confused. Why has this not been built out in a year? Because along with the loss of income and the cost. What was the loss of income? With all the thing, with his work all slowing down because it's something we're doing together. You shouldn't.

Starting point is 00:18:41 Why are we mixing relationship dating, not even marriage into a business? Yeah. But we're doing it anyway. It's going to work so well. Hopefully. No. You call yourself a we. Sometimes.

Starting point is 00:18:52 It'll be fine. But we were in a car wreck in August last year. So we signed our lease August 1st and August 4th. We were in a car wreck. But this was last year. It was. I have my hands are stuck. My ability to do my job has been a little bit less.

Starting point is 00:19:09 His income had really died down. So. That doesn't make any sense, though. That doesn't make any sense because the election wasn't even happening in August. So if it had already died down. This is cope. Blaming things on politics is just so stupid. Ideally,

Starting point is 00:19:25 but we were going to have it built out. Well, sure. Okay. Take six months. That's fine. But it's been nine months since, it's been now 10 months since the beginning of the year. August was halfway through last year.

Starting point is 00:19:35 So, okay, recovery, sad. Absolutely. I get it. Things aren't absolutely great after that. Hard situation. I mean, I know you drive. We had a conversation about it before you film. So it's not like you're completely dramatic.

Starting point is 00:19:47 You're like, come on. You drive. You're back on top. Yes. Mostly. Come on. Ten months this year has been ten months. Yes.

Starting point is 00:19:56 So 14 months in signing, but ten months this year. Yes. Because. Why the fuck haven't you done anything? How much does it cost? What are you investing into this thing that you can't even make work yourself? So originally. It sounds like a horrible idea.

Starting point is 00:20:09 What's your lease term? We've got a three-year lease. Oh, and you're already a year in? We're a year in. Buddy, you're going to have to increase. your revenue by your rent by 33% just to break what you're supposed to be making in the first place. Yeah.

Starting point is 00:20:22 What's your monthly cost? $1,400 is rent. Oh! On a monthly basis working 20 hours a week. So that actually he pays, usually he pays the rent and utilities. Oh, you're lucky you have this cent. Sure. He fights me on a lot of decisions.

Starting point is 00:20:41 Well, I'm sure, because this is bad, horrible. It's fine. Girl, he covers... 14 months, $1,400. hours. Nothing to show for it. How close are we being done? It's awful. It's awful. We've got a thousand dollars more that we need to put into it so we can get inspections. Okay, which means about $5,000 probably. No, it's about a thousand. Because it's just materials. We have pretty much everything and he's doing the work. He's in construction. So he's actually

Starting point is 00:21:05 really great at what he's doing. Right. Taking time and money away from what it. Dude, it's a, it's a least setting something you own. You're trying to sublet your entire business is subletting. This is not great. The goal is to purchase. the building. The current building owner is actually retired. Yeah, but you need money. We do. Because a retired person doesn't mean they're going to give it away for free. That's actually... And if we're on the show, you're not doing well. And if the boyfriend's money has dried up due to the last election, then good fucking luck. It is starting to pick back up a little. And whose fault was that?

Starting point is 00:21:38 Catch up. The catching up? I mean, he did a lot of work to get caught up. I just want to, uh, make this very clear. When things were bad, it's a... politician's fault. Yeah. When things are good, it was my fault. No, it was his. He did the ketchup.

Starting point is 00:21:54 Yeah. So bad someone else, good him. Yeah. Right. This is fine. Look, private student loans can make you feel like

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Starting point is 00:24:57 to stay updated before the big blast. Doesn't matter who the president is. Unless they do something that is dramatically affecting your business, tariffs have affected some businesses. For sure. It's been really hard to get some of the products that I like to use. Some of my clients prefer to use because of where they ship in from.

Starting point is 00:25:14 They no longer ship to here. You're not the only salon in this entire country. I know. So other people are figuring out a way. I can't speak on it. I don't own a salon. Yeah. But to suggest that you can't, fuck off.

Starting point is 00:25:24 So he pays all the rent and utilities? He pays the right utilities for the shop. No, he hasn't missed it. My goodness. Why are you, are you even dating him to date him? Yeah. Are you fizzling him? No, absolutely dating him to date him.

Starting point is 00:25:36 I don't know what I would do in life without him, actually. And what's the owner going to sell the building for? That discussion hasn't entirely been had yet Because we are not all there yet He's not ready to sell it yet Oh But that was his deciding factor in picking us to take the space Does you know how f***ed you are?

Starting point is 00:25:55 No They get their rent checks on time So outside of that they don't need to know Fully building out Started at 20 Ended up going to 30 and then 40 to 50 What the fuck? So

Starting point is 00:26:06 Oh now it's going to be up with the 70 Started at 20 with the 70 Yeah See that's you? That's not, that's not, that's actually not. Come on. Tariffs didn't move it from 20 to 70. Then what the fuck are you talking about?

Starting point is 00:26:17 The building measurements that we got. 70? The building measurements that we got originally, we had built a whole business plan around it. What's your rent? And then utilities I'm going to call 16. Utilities are actually only about 250 right now. If it stays, okay.

Starting point is 00:26:32 So 1650. So once it goes up, okay. So I'm going to say 1750. Dude. So $63,000 is your entire cost of that and then the $70,000 buildout. Yeah. And then your inspections will blah. And then you're going to have about a year and a half.

Starting point is 00:26:50 So in your year and a half, essentially what you have to do, you need to bring in just to break even $7,388. Yes. A month. Own it all. Pay off your home. Travel for life. Drive a Ferrari.

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Starting point is 00:27:39 Good luck. No one rent something for 1,500 in sub-lease. for $7,300, $400 a month. That is not, you will lose money. Let's just be clear. No, you will lose money. If your business is failing because the economy's turned down, you think you're going to lease out seven units? The hope that it was...

Starting point is 00:28:04 This is not going to work. We're going to get successful people in there, and it was going to all be fine. Everything's to be fine. Sure, you might get some people in there, 7,400 hours a month just to break even for the year and a half you'll have left. No. Maybe.

Starting point is 00:28:19 What are you renting per unit for, you tit? I have two of them. Rent for each of the rooms is, six of the rooms are 900 a month. And I have one room. It's a double room. So there's two chairs in it, and that is 1750 a month.

Starting point is 00:28:37 Good fucking luck. What are you renting yours out for? 580. You're so f***. It is not built out as a soul. lawn though, I had to put in all the plumbing and everything. So what we're building... First of all, even your math doesn't add up to what you need to break even.

Starting point is 00:28:56 You're going to fully lose money. Because even you overcharging, let's be honest. It's actually under for the area. Come on, you think everything is under. I doubt it. You're dramatically under where you're renting from. Oh, I am for where I'm renting from. The closest other set of actual salon suites, though rents for most twice as much as we have renting.

Starting point is 00:29:14 Fact check, by the way, only one suite is done. Yes, one is done. So I'm being told not to let you make it sound better than it is. Oh, God, no. Only one suite is done. A thousand dollars left. This is cost $70,000. Yes.

Starting point is 00:29:24 One suite is done. And you say it's $1,000 to get the other sticks up and running? Nope. It's $1,000 to get it to her we can get a fire inspection and get it open. What, that one suite? No. There are other suites that we need to get sheet rock up in and get the stealing put together. So all of that's about $1,000.

Starting point is 00:29:40 No way. I refuse to believe. Because of the stuff we already have. But I've done office renovations. For sure. It's not. start from scratch. It's three quarters of the way done.

Starting point is 00:29:49 We just have to put it back together. Good. Oh, I have pictures. Yes, you do have pictures. I know. I didn't realize we were going to have pictures, so I just took random snaps the other day. Are you sure people are going to pay this money for it?

Starting point is 00:30:05 Big guy. We got floating vinyl in millennial gray. Yes. You really wanted to lease out units in 2015? Not 2025? I mean, it's 2025. So that's what we're going to do. Yes, these are 2015 units, even though they're brand new. On floating vinyl.

Starting point is 00:30:27 Not from what the other suites are in around our area. You compare to everything. You don't actually try to stand out in the marketplace. That's how you make a killing. You are not going to be able to make your premium. If you're just endlessly... Yours is brand new full built out. Yes.

Starting point is 00:30:40 Floating 70,000 hours for that, I'm sorry, is horrendous. Well, we originally weren't having... to plan on moving walls. We had to move walls. Oh my, this is... The original measurements we got were not accurate. So what we built our plan on originally was not having to move walls.

Starting point is 00:30:59 So that's where the 20 to 30 came from. And then we got into it and the measurements weren't off by a few inches. They were off by a few feet because someone else did them. And so we had to move walls. How did you get to the studio today? I heard you're afraid of Ubering.

Starting point is 00:31:14 I do not Uber when I'm by myself. I drove. I have a rental car. Why are you afraid of Ubering? Because I'm a single woman traveling on my own. And I can only fight so much. And I have kids to get home too. What do you think happens to single women in Uber's? I've got plenty of people who've almost been kidnapped in them. Not saying everyone does that by any means. Hopefully it's happening far less. I'm just not willing to risk it.

Starting point is 00:31:42 It was also cheaper to get a rental car for the driving from the airport to where I stayed and breakfasted in here than it was to get an Uber. So this guy, $70,000, how have we invested this? Where does the money come from? So the original plan that we had put together was that boyfriend was going to cover the rent and the utilities. He was going to take my car insurance, my car payment, and my phone bill. And then we were going to put the remodel stuff all on my credit cards because I had 0% on all of them for at least a year when we started. It's from $70,000. And then my income was going to go all towards getting those credit cards paid on so we would essentially use my credit cards to get it all built out. And as we made payments on them continue using them so we could finish it out.

Starting point is 00:32:39 And then once it's done, then since his income, I wouldn't have to go on our rent and utilities there anymore. Hold on. It could go back towards its credit card. What comes in from your job? What hits your account on an average monthly basis after expenses? After expenses based on my taxes last year, it's about $1,000. Hey, yo, what the fuck?

Starting point is 00:32:59 Want to know a dirty little secret? And no, I'm not starting an only f***. You're not broke because you suck with money. You just can't see where it's going. If your bank account is empty at the end of every month, that is not bad luck. that is bad tracking. And it's exactly why I use DollarWise. It shows you exactly where your money is going every single month,

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Starting point is 00:33:42 stressfully. Every day. Existential dread. Every day. Yes, I would be too if I had a failed business and I'm investing into more, hoping that other failed businesses are able to pay for my failed business. Just smiling way, boys.

Starting point is 00:33:59 What the fuck is wrong with you? A thousand hours a month? Uh-huh. You're a mother. That's unacceptable. It's not where it's at right now. It doesn't have to be. You do not have to be the self-employed queen, a businesswoman of the century on Time Magazine,

Starting point is 00:34:14 you can go get a fucking job! The problem is one of my children is special needs and to get him to appointments. I... Buddy, you're low income. I know for a fact you could have assistance. Especially in a major city. We do have...

Starting point is 00:34:28 Especially in a major blue city. We do have some. I do have food stamps and I do get some child support. Child support. From daddy. How much comes in? From one of the dads. Oh, there's two dads.

Starting point is 00:34:38 There are. I tried to do better with a second one, but it was worse. You were them. Them. Absolutely them. A hundred percent them. Okay.

Starting point is 00:34:53 Like I beat them out in court 100% them. That's good. But you call yourself a we, so I'm just struggling. I do. You also have a little bit of a victim complex. A little. It's been through a lot in my life. I'm working on it.

Starting point is 00:35:07 That's what everyone says. I know. You don't know how much child support is? It's a hundred and I think it's 148. A month? A week. Oh, thank goodness, because that's not much. I know.

Starting point is 00:35:20 Times 52 divided by 12, so we'll average it out at 6.41 and 33 cents a month. Roughly. Why doesn't the other dad give money? Job hopping. Uh-huh. Yep. There's a whole lot going on in there. Uh-huh.

Starting point is 00:35:37 When I do have child support from him. And food stamps? 321. Per month. Okay. it's been they... I'll put that towards the grocery budget at the end. They lowered...

Starting point is 00:35:50 436. They lowered the limits. Lindsay said 436, yeah. Yeah, it went lower. Because I had a renewal. But the requirements... There's so much of this that's your choice, though. Some of it, yeah.

Starting point is 00:36:02 You don't need to be doing this. Self and Play bull-again. Again, you're not trying to get on the cover of Time magazine. What are we trying to... Oh, absolutely not. Woman power. Like, I don't give a fuck about that. I'm trying to work, a job. I'm trying to have a job that I won't lose if I have to go do

Starting point is 00:36:15 something for my kids. What does he have? She, they probably? He. He's back in regular school this year. We've done online school for two years. My oldest is doing it for a third year. Why? Because the school district, specifically the school that they were in tried to tell me that his disability was not a disability and they wouldn't make accommodations for it. What's his disability? So he's ADHD and autistic. And is this officially diagnosed via a doctor? Then how would the school say? that. I'm having a hard time believing this. If you had a diagnosis from a doctor, I don't think a school would say that. Nope, they did. They didn't say he didn't have it. They said it's not a disability and we don't make accommodations for it. So I refused to let their education fall. So we've been doing school online at home. Is that going to be better for an ADHD? Actually, he did really well with it. Why you send them back? There are some holes that were actually missed in his like kindergarten first. grade years that... Okay, well, he's in school.

Starting point is 00:37:20 And if he has ADHD autism, the disability that you'd go run and save, I thought he was missing a fucking leg. No, God no. And he's rolling downhill. So he has ADHD and autism. Yes, but... Talk about every child born today. Like, I'm sorry. But if he's got... That's not a job that prevents you, that's not a thing that prevents you from going and getting a job.

Starting point is 00:37:38 No. He's not sitting there stroking it out in the middle of school. But if he's got problems and I've got to go get him or go help deal with him. Well, then yes, obviously you try to have to have... have a good job, good boss. Exactly. But you are failing them by making a thousand hours a month because you're trying to build your business that is a failure. And that is your choice.

Starting point is 00:37:56 Yes. You will find a lot of bosses, a lot of businesses, the business that my families work for, you know, my business specifically, if anyone has an issue, of course. They should go deal with it.

Starting point is 00:38:09 That is what would happen. You can find jobs. Every job is some massive corporate overlord, bank tell or whatever. would be surprised at how many there are. No, of course there are some. I'm not saying that too. But you live in a major metro area of the United States.

Starting point is 00:38:25 You're saying you can't get a job and you're going to allow yourself to just make a thousand hours a month while having two kids is not acceptable. I didn't say I can't get a job. They go get a fucking job. I'm going to show up for my kids. I'm going to choose to make a little bit less than I can show up for my kids. Sometimes showing up is they need resources.

Starting point is 00:38:43 They do. And you are not providing. They have everything that they need. You are choosing not to work, so the taxpayer is giving you food stamps. I'm not choosing not to work. Yes, you are. I do work. Come on, you make a thousand hours a month via your choice. I do work.

Starting point is 00:39:00 You could go make more. I could go make more. But then I wouldn't be able to be there for my kids. If someone is saying they could go make more and yet we subsidize them, is that fair? If you can, I want to subsidize the fuck out of people who cannot. Because I don't want to be absent from my kids' life because they don't have another parent. life, if you're working 9 to 5, you're not. Dude, there's single families all over the place and people can have a good life.

Starting point is 00:39:24 You're working 20 hours a week. You're not working 40. I don't want to hear it. If you're working 60, 80, you never see them. Yes, I would be on your side. You're working 20. You're not able to provide the resources required for them to have a good life. You will not be able to retire.

Starting point is 00:39:37 By the time they are in, unconsensually born, by the way, they did not really have a choice. By the time they are 40 trying to make their life, mommy's going to be like, oh, I can't live. They're going to put their life on hold to support. you. Absolutely not. This is what everyone says. Absolutely not. You say you don't want that? What do you think they're going to do?

Starting point is 00:39:53 They will. They will. They will be morally obligated. They will. Because you're choosing to go work the job you want to do right now and using them as an excuse to do it. Let's be honest. Come on.

Starting point is 00:40:04 Be real. Go get a job. Work 40 hours a week nine to five. I don't want to. There it is. Government, Kansas, Missouri, take away her food stamps right now. Did you just hear that? Take them away.

Starting point is 00:40:16 I'm not even kidding. I will say. You don't want to. Fuck you. That is not a choice. Huh? I don't want to. Then that is not fair. That is not a choice.

Starting point is 00:40:24 Subsidies should be there and even more for those who cannot. For sure. You can and your Tuesday not to because you do not want to. And I knew the more and more I pushed on it, we would find out that you're doing this because you want to. Straight up. Not because you can. Using ADHD. Using ADHD and autism?

Starting point is 00:40:42 Yes. Is he able to communicate with other people? Yes. Okay. Then I don't want to. Come on. He's every gen beta ever. Gen Alpha Gen Beta. He is every single one of them born. They're all getting diagnosed with this. If he's able to communicate with people and he's able to do things, and you're right, he probably didn't need the accommodations that you're thinking based on everything you're telling us. The more information is unlocked, the more we're finding out, he could probably just go to school.

Starting point is 00:41:11 Well, he is back in regular school now because he was, because he was missing things that should have been taught when he was. was in kindergarten and first grade. Who what a fucking thought? And we needed help filling those holes. Well, you would make more money, by the way, getting a babysitter that could wash two hours between school and you getting home. And you going and actually making money like a fucking adult. 31?

Starting point is 00:41:35 What a joke. I know. It's fine. It's not. Take away her food stamps. It will be fine. Please. Please.

Starting point is 00:41:42 So I would like to eventually. Why are we supporting your choice of not? working. It is disgusting. Then you blame the last election. What the fuck is wrong with you? Blame everyone but yourself. A lot is wrong with me. I think we established that though. By the way, we did the math. You can get a job of supercuts there and you will make more money. The closest supercuts is an hour away for me. Okay, then the alternative. You're saying there's no alternative an hour away. Fuck off. There's not a... Oh yes, there is. There's no way. We have Google this.

Starting point is 00:42:10 Because supercuts does haircuts and color and there's nowhere else that does haircuts and color. I don't care about what you want to do. I care about you making money. I understand. then I don't give a f***. I want to go to work and not want to jump off a cliff. I don't care. Take care of your fucking kids. I do. Be a mother.

Starting point is 00:42:24 No, you don't. No, you're milking the taxpayer because you're a spoiled brat. I would actually like to get off of those things. No, you wouldn't. You'd go do it. God, no. What? If you wanted to, you would.

Starting point is 00:42:34 I would. What? I have applied. I have actually tried to, I want to get, working behind the chair has been very difficult. So I'm trying to figure out what I need to do to get into a different. career field in the next five-ish years. I'll get you a course career certification. Accounting, something like that.

Starting point is 00:42:54 A lot of people have used that to get into new career fields or boost things. I'm actually really good with numbers. And I get told all the time that I should have been an accountant. And as much as I don't want to. Why are you crying about being an accountant? Because I don't like the job. Huh? I don't like the job.

Starting point is 00:43:13 We all do things we don't like. Believe it or not. Like, even though I really loved my job, I particularly didn't want to come in here and film today. That's fair. I didn't want to deliver subs for Jimmy Johns many times. I didn't want to do sales calls. I didn't want to do product management meetings.

Starting point is 00:43:29 I didn't want to go to school. I did it because I'm a big boy. You're a cry that you don't want to? I'm so sorry. I'm so sorry. I've never called someone out for crying on the show because almost it. Actually, every other time someone has cried,

Starting point is 00:43:41 I have found it reasonable. You're crying because you don't want to do numbers? I'm crying because I enjoy. I enjoy the career that I've gotten into and it's sad to have to acknowledge you have to get out of it. You don't have to. We just saw that there are. It's not even necessarily get out of it because of the finances, but just because of my ability to do the job has gotten harder. It's gotten worse.

Starting point is 00:44:06 So it's not something within my control. If you can't stand behind a chair, what are you able to do? Well, I can stand behind a chair. I just can't do, like my income's almost half of what it was. Like fears ago. What are you talking about that? Because I was able to do extremely complicated, multi. Type in your town.

Starting point is 00:44:26 Type in your fucking town. I don't want to hear us. I feel like it's victim complex to the extreme. I just can't handle. Apparently, allegedly, you don't use TikTok or Reddit. I don't believe it. But it's just like you are that to the core. I'm glad you.

Starting point is 00:44:42 Okay, first of all, come on. You are so close to so much. This is crazy. This is crazy. You're like a couple second drive to the many deep suburbs of Kansas City. Let's be honest, your bank saving account is probably doing less than your expired gym membership. The national average saving rate is like 0.39% APY. That is basically your money taking a nap.

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Starting point is 00:46:54 To get 50% off your first factor box plus free breakfast for one year, that is code Hammer FB50. At Factor75.com to get 50% off plus free breakfast for one year. And now that I'm well fed, let's get back to the episode. It's also super convenient because my salon right now is a half a block away from my house so I can walk there faster than I can drive there. And you know what? Scissors and scotch, a local chain, Midwest cuts, Chris Stiles,

Starting point is 00:47:18 scissors cuts, N-Aids barbershops, scissors, scots, royal barbershop, all this. 10-minute drive. Barbers. I'm not a barber. Buddy, I go to a barbershop. I know. Get your certification.

Starting point is 00:47:30 I go to a barbershop and a woman cuts my hair. You're okay. That's another 1,500 hours of school and another $20,000 of student loans. Okay, okay, okay, fine, scissors, scotch. Scissors scotch. Wishing you could be there live for the best. big game, soaking up the atmosphere in the crowd, but

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Starting point is 00:48:05 app or visitpriceline.com. Actual prices may vary, limited time offer. Applied. You suck? I don't know. There's so many of them. I would love to see your resume. I'd love to see how things work because when I hear I apply, just nothing happens. Is this like, um, I've applied and I went and interviewed. I was getting ready to have surgery beforehand. So they were, they was, what they told me is they didn't want to

Starting point is 00:48:28 hire me right before I had surgery and go on and leave. Do what? What was your surgery? Um, I had a partial hysterectomy. Oh, okay. But they didn't want to hire me on right before I had my surgery, not knowing exactly. Also, there's a great clips in your literal small town. Yes, with a horrible owner. Oh, shut up. Horrible owner. There is never anything in your life that is not an excuse. Well, there's plenty of things that are my fault.

Starting point is 00:48:53 I wish I would have heard any of them so far in 43 minutes. That's just one place I'm not willing to work because I've worked at Great Clips before. And I'm not willing to put my life in that position again. In that position? You sound like you're going and serving on the front lines of Afghanistan. Shut the, I'm sorry. What the fuck? You're in great clips.

Starting point is 00:49:13 Yeah. you're not building a building with no strap at the top like those old pictures you're not doing that in that position I would do that position you're not walking the streets flashing hole to get some money put yourself in that position putting yourself in that position is great clips what are we doing mentally putting myself in that position what you're a baby I'm sorry it's okay

Starting point is 00:49:36 I know sorry it's okay I'm not sorry either I'm comfortable with the choice Take away your assistance. You're making choices of not working. But I do have two other jobs that are just side jobs. Well, how many hours a week do you put into it? Honestly. So I'm bartending at stadiums.

Starting point is 00:49:55 So it's only when there are game days. So it's not even like hours a week. It's just. It's also seasonal. It is seasonal. And I just got them a few months ago. I don't, that's, I don't know. Because I don't have a solid average.

Starting point is 00:50:09 What if you may? What do you? So, okay, one time every other week, sometimes? Sometimes. And what have you made from one? So at one stadium, my paycheck is about $2.50. And that's for about one game. Yeah.

Starting point is 00:50:25 It averages about that. Once or twice a month. The other one, the paycheck, they actually had payroll super messed up on it. So like my check wasn't what it was supposed to be. And it was a lot of back and forth. So if I've put it all together correctly, I think I average a, a $3.50 per game at that one. What do I add to your pay a month?

Starting point is 00:50:49 I don't know. Why don't you just actually bartend? That one, I can't be up that long physically because those shifts are eight hours. You can't do anything. I can do quite a bit. It just has to be shorter shifts. I'm not going to push myself to get hurt at work.

Starting point is 00:51:09 No, just do rush shifts. What is that? shift steering rushes. Oh, maybe. I hadn't heard of that. A lot of places... You never worked in service, food service? When I was in high school,

Starting point is 00:51:22 and it always worked around my school schedule. So... Gosh. Yes, but no. And a lot of places want me to work on Sundays. Okay, I feel like I've learned enough about you. I can now put you in a box. I get you.

Starting point is 00:51:34 I understand you now. How much debt do you think you have? It's around 30 to 35. It's 40,488. $0.75. Yep. No, don't take that as a W. You did not guess right. No, I just, I'm closer than I thought I was.

Starting point is 00:51:50 Okay. So again, I tell, what do I add to your stadiums on a monthly basis? I would just go with $500 to average it out. Okay, so $2,141.33. Yep. Still, uh, nothing. Yeah. I'm sorry.

Starting point is 00:52:05 Like for, especially a major metro. It is what it is via your choice, dude. If you're truly broken, get on disability and I will support that. but I don't believe you're truly broken. I believe you're an endless victim. Based on everything I've learned in this conversation so far, I really do. Oh, come the fuck on. Oh, shut.

Starting point is 00:52:23 Come on, what are we doing? You won't go work at great clips. I don't want to f***ing it. Yes. Exactly. How much did you spend last month? It was mostly on bills, my credit card payments. How much did you spend last month?

Starting point is 00:52:38 I'm working on it. Give me a second. Two, four. probably close to $15,600 to pay all the bills and then gas and groceries. Yeah, $2,200, which is more than you make. Yeah. What's your history with that, dude?

Starting point is 00:53:01 Actually, this is the first time I have been in debt. Why did you do a credit card transfer? Because I was running out of the time on my zero percent interest, so I just did a balance transfer. When? First time in debt. like, hey, this is also still my first time in debt because I still have my student loans that I borrowed at 18.

Starting point is 00:53:18 So what do you mean? What first time doesn't make any sense? It's the first time I've had, for me, unmanageable debt. What? First, what is? Like, right now, but when did it start? Like, I don't know. So honestly, like, all of what you've got on statements,

Starting point is 00:53:33 that's all stuff from building out the shop. Like, two-thirds of that is from building out the shop. A shop that literally will not make, even when you sell out all the units, you want to rent them for enough to break even. It's where we are right now. That doesn't make any sense. Just where we are right now.

Starting point is 00:53:48 No, I would, a part of me would just actually... What, forfeit, pay $1,400 a month and leave it empty? No, I almost try to sub-lease the rest of your lease. And swallow the 70 is a mistake because this requires and relies on you and renting out every single unit, which I don't know if you're going to. It does. I have a lot of people interested, but we can't show them. them because they're not open.

Starting point is 00:54:14 Interested. I can't have anyone come in because getting people interested in something you want to sell is the easiest thing ever. For sure. Selling is hard. We have a lot of stylists that want to get out from a booth rent situation or out of an hour lease alone like great clips, actually. But we can't let them even come in and look at it.

Starting point is 00:54:33 What is their terms? My terms are their terms? Their terms. They would sign. One year lease. That's so risky. I don't know. Who would do that in the right mind? It's actually a standard.

Starting point is 00:54:44 I know it is. It is moronic. Just like you. You don't make money. Hey, my least term where I'm at is three years. Crazy. It takes a little crazy to be a hairstylist, doesn't it? Big guy.

Starting point is 00:54:57 This just isn't... Everything's fine. It will be fine. No. No, you're not even breaking even in the best case scenario. So this doesn't make sense. Can you describe how that's fine? Because it's not an option to give in.

Starting point is 00:55:12 That's some... illusion. So I do have something that might make you a little less stressed, maybe. Is it paying for me to go get a massage? Because that might be it. That's all. No. No, and I won't even pay for me to get a massage, actually. So because of the, I know, sucks. So because of the car wreck, I, it's still not closed out. I have not gotten a settlement yet because my medical bills were so high. we are actually having to sue the insurance company. Great. So something you're going to do.

Starting point is 00:55:47 Well, that means nothing. It's been filed. I'm just, it takes time for it to go through all the things. Doesn't mean you're going to win? We will. Maybe. Listen, sure. That's exciting. I will believe it when I see it.

Starting point is 00:56:02 It's a silver lining, maybe. Which, by the way, if it doesn't get in front of a judge before August 2026, you wouldn't get a single cent. Exactly. the reality is I'm being told from your conversation with Lindsay

Starting point is 00:56:12 you very much are banking on this 30 which is a very not smart way to do it because that means it's just objectively stupid because you're living

Starting point is 00:56:21 your entire life now like there's another 30 coming which by the way no maybe not I don't know that doesn't even cover

Starting point is 00:56:29 half of what you put into the salon bowl so I don't want to hear it I mean as of right now we've only put in about 30 into the salon

Starting point is 00:56:37 it would take another 30 to 40 to completely finish out and have each room ready for renters to come in. This is broken. Tell me about it. I am. If it costs that much, cut your loss. A part of me just says cut the loss.

Starting point is 00:56:58 A big part. I feel that. I've cut my losses on some things. Sometimes you need to be mature enough to realize when you need to just be like, oh, I had no idea what I was doing. Yep. Because I don't have any idea what I'm doing. No, shit.

Starting point is 00:57:10 going for it because outside of that. What? What? Is it pride? What the why? Um, ideally. Is your boyfriend agreeing? Yes. Business and command? Yes. This is one of the things that we do strongly agree on. No, he's actually extremely intelligent. No. We just life decided that.

Starting point is 00:57:31 No, you did. Shut the fuck up. No. You did. You did. You did. You did. It's not some magical thing that did it. You did. You did. You made the choices that led you here. I think the universe plays a... Shut the fuck up. What do you think the universe is just sitting there?

Starting point is 00:57:47 Like, oh, wow, I really care about this person in their salon. Shut the fuck. What are you talking about? No. You made the choices that have led you here. And if you're not willing to accept

Starting point is 00:57:55 the consequences of your actions, you will repeat these mistakes forever. Eh. Okay. Great rebuttal. Considering most of it is trying to get a business built up so that there's additional income.

Starting point is 00:58:05 Failed! That does, that is... It's not even sorted yet. That does not justify it. But in the height, in the height of you doing best, you still lose money. So this doesn't make any sense.

Starting point is 00:58:15 If we are able to mathematically figure out that this business strategy just because you go out there and do a business doesn't mean all of a sudden it's justified. If I go out there and invests $100,000 and eliminate sand just because it's getting up a business and running, doesn't mean that is good. That doesn't make any sense. That is not a justification. That is moronic.

Starting point is 00:58:33 What do you think your financial score is 0 to 10? Oh, I took the test online. It was like 0.68. Well, that rounds up to about a 1. If you want to take the test online, figure out where you stand. where you're doing bad, where you need to do better, where you're doing well. Take the assessment, get your hammer financial score at Calebhammer.com. It's free.

Starting point is 00:58:49 Just takes a few minutes. And if you don't want to be like you guess who ends up on the show, make sure you download the download-wise budget app. It is my preferred budgeting app. It is incredible. It has changed tens of thousands of people's life. Take the free trial, see if you like you. And if you do, save a lot of money by switching to the annual version.

Starting point is 00:59:02 And when you do, I will sign my budget-friendly cookbook and mail it directly to your house. What the fuck is this? And why isn't this just a normal statement? Because I could not figure out how to get an actual statement from them. I was able to get statements from a lot of places, but I could not find anywhere through the app to get the statement. You didn't log in on a computer?

Starting point is 00:59:24 I don't know my login information. Reset it, you tit. Reset it, you tit. It's so easy. I didn't want to. I didn't want to. Because then I have to remember to re-log into it. it up on your phone.

Starting point is 00:59:42 Everywhere else. Pull it up on your phone. Right now? Right now. Oh, it's searching for service. I don't know what will load. We'll get you on Wi-Fi. I'm on Wi-Fi.

Starting point is 00:59:51 I'm on Wi-Fi. It's my fucking nose. So it wouldn't be a bad time to tell you that I'm also a competitive cheerleader? A weird time. Well, it just goes into my expenses. I just don't understand why I give a- It's going to show up. It's going to show up on this.

Starting point is 01:00:10 Oh, so you're paying for it. It's just going to show up on this. It's first. thing you have. You're forcing people to hold you up in the air. I actually hold people up in the air. Yeah, I would encourage that. You don't want me in the air. That would be bad. Correct. That's what I'm saying.

Starting point is 01:00:26 What would you like to see? This? The transactions. Remember, guys, she's not working as much so she can spend time with kids and then she spends money so she can go to her competitive cheer. Fuck you. Take away her food stamps yesterday.

Starting point is 01:00:43 Oh my fuck. No, this is insane. I know. What the fuck is wrong with you? A lot. Dude! Visa signature? This is crazy for making $2,141 a month.

Starting point is 01:00:59 By the way, I know you're not sitting inside money for taxes. My... Does your boyfriend set aside money for taxes? That I don't know, because our finances are separate on that. He better. $10,733. And five cents is insane. Uh-huh.

Starting point is 01:01:15 Insane. And that's just one. Yes. What's your minimum monthly payment? If I can get that, I can show you. Because when I... Kansas City Chiefs, I thought you were supposed to get money from there. You're spending there? No, I don't work for the Chiefs.

Starting point is 01:01:30 I don't see what you're looking at. You don't get to go to the games. I didn't go to the game. Why is $140 spent? I don't know. Can I see it? What is wrong with you? So I can't look at it and see what it is. And then more athletic cheer.

Starting point is 01:01:40 Oh, it's athletic cheer. Yeah, KC, AC is my... $140, 140. Yes. What the fuck? So that's every other week. So we have gym fees, which is once a month. So 280. Yep.

Starting point is 01:01:51 Okay. Gym fees is 140. And then the competition fees, they take and average them out. Instead of one month, it's 500, one month it's 200. They combine all of them and average them out. So it's total about 300 a month because then there's also like a $30 thing. So 300 hours a month. Reminder, her income is 1,000.

Starting point is 01:02:09 She has kids. She's not setting them up for success in any way whatsoever. And then she spends $300 a month on her competitive cheer. guys she gets $6004... No, no, no. How much in food stamps? 321.

Starting point is 01:02:21 Ladies and gentlemen, we are technically in every mathematical form as taxpayers paying for her to go to competitive cheer. That is disgusting. You are disgusting.

Starting point is 01:02:33 I pay taxes. If we don't need, if this is an indication that we need an audit on our programs, because here's the thing, man. I'm okay with spending as much as we spend,

Starting point is 01:02:41 but I want to take it away from discussing motherfuckersers like yourself and get it. give more to people that actually need it. That's what we should be doing. This is insane. Missouri audit,

Starting point is 01:02:53 how you are handing out your benefits. This is insane. I mean, they go based on income. It's disgusting. Income that you're choosing, that's unacceptable. Because you know you can get a better job. You're refusing to go work in a place in your own town. Shut up.

Starting point is 01:03:08 And then you spend $300 a month, which is what we give you and subsidize you, at competitive cheer. This is disgusting. like actually nasty. Thank goodness we're going trillions in a federal debt for this. I like robust social programs.

Starting point is 01:03:26 I really do. You ruin it. What's your minimum monthly payment? So stupid. Then you spend your time on this instead of actually working and you use the excuse to take care of my kids. So minimum monthly payment on that is $2.22.

Starting point is 01:03:43 Can I give an honest thing? Yeah. I love honesty. I don't think you're a good mother. I think it's a really hard judgment to make when you haven't met me around my children. I see what you do financially. And finances impacting a house in the United States of America is one of the leading causes for outcomes in this country for children. I don't think you're a good mother.

Starting point is 01:04:03 It's easy to say that when you don't see the situation. I see the finances. And I see the financial situation. And the situation is you go spend $300 a month we'll make it $1,000 on your own self-care instead of them. You don't work by choice. By choice. For me to go. You live off the government by choice.

Starting point is 01:04:21 I think it's better for me to do that. You took them out of school via your choice. For sure, because I wanted better for them. I don't think you're acting. This doesn't mean you'll never be a good mother. I think the choices you're making are bad. You can't say that someone's a bad mother when you haven't seen them around their kids. No, no.

Starting point is 01:04:37 There's many things you can do that are good. But if you were doing something really bad of which you are here, that does take away from the good. It's not a math game of how many goods equals how many bads. It's not. Second off, I think it's better for my kids that I'm here. Not, you're going to cheer. Versus not here because without one thing. Not here, you'll be there every evening if we do this right.

Starting point is 01:04:59 To feel human, depression takes over. What? What are you even saying? You're the only human being born on this entire planet that cannot work 40 hours a week. God no. Then shut up. What is this victim complex? Intrusive thoughts get really strong when you don't have one thing that is you outside of your job.

Starting point is 01:05:22 So what are you saying? You know what the natural response to that would be? So then what? No. So then what? I don't know. Keep going. You aren't though.

Starting point is 01:05:34 You've given up. You do nothing. You literally are lazy. With your work, you are dramatically lazy. You work 40 hours a week. Shut the fuck up. And you spend all your money going to your own cheer stuff. This is bad.

Starting point is 01:05:45 That is less than 5% I guess it's close to 5% of my A total debt is cheer Cheer I don't care about debt Because hey believe it or not The more you rack up your debt The less percentage your cheer will be Yeah

Starting point is 01:06:03 So shut up, that doesn't matter That's a stupid thing But it does It's 30% of your income Yeah So I don't give a 4% of debt You can go blow all your money right now And rack up double the debt

Starting point is 01:06:14 And guess what? Your percentage that went to cheer is now half. That doesn't make it good. That's a ridiculous argument. You went on a cheer trip last year, put it all on credit cards. Did. Planning on blowing at least 3,000 hours in the next trip. Yes.

Starting point is 01:06:28 You said this place was steps from the water. We just haven't found the steps yet. How much did we save? Enough. Enough to get lost. Or you could book a stay with Hilton. Welcome to your ocean front room. Just steps from the water.

Starting point is 01:06:44 The Hilton sale is on now. Book on Hilton.com or the Hilton app and save up to 20% to get the stay you expected. When you want savings, not surprises. It matters where you stay. Hilton, for this day. You make $1,000 a month? Yes.

Starting point is 01:07:02 The goal is to... That is a whole quarter of work. I'm sorry, that is bad mother. I'm not saying this as an insult. I'm not saying it to bring you down. I'm saying it as like a literal honest, hopefully a wake-up call for you. I'm not saying it is it a dunk.

Starting point is 01:07:15 I need you to realize what your impact and your selfishness of what you are doing right now is not what a good mother does. All right, let's talk about one of the biggest money black holes in America. You're forgotten 401k. Yeah, that retirement account from your old job that you swore, you deal with it later. But here's the scary part. Over $2.1 trillion is sitting in lost their forgotten 401ks. That is 25% of all 401K money.

Starting point is 01:07:41 Just gone because people never rolled them over. And the number of abandoned accounts has doubled the past 10 years to around 32 million. And it's not just private workers. 3 million forgotten TSP accounts from federal employees are getting dust too. That's where today's sponsor, Capitalize, comes in. They make rolling over your old 401k into an IRA stupid easy. No calling HR, no faxing forms, no, will mail you a check in the next six to eight weeks. They find your old 401K, help you pick or connect an IRA, and hand up.

Starting point is 01:08:14 the whole transfer process from start to finish. And with new rules letting private equity into 401's, things are only getting messier, so the time is now to clean it up. Roll over your old 401k today. Click the link in the description below or go to highcapitalized.com slash Caleb, your future self will thank you, and so will your net worth. My mother did the opposite. She went out there, and you know what? It actually did suck a little bit through my early middle school for a few years. She worked her ass off all day. in a low-paid medical position under nurses, whatever that is, like nursing assistant or whatever.

Starting point is 01:08:48 And then all night, all evening, she locked herself in the basement studying, doing homework and doing online classes for nursing school. Because of that sacrifice, under dramatically lower middle class where we had absolutely nothing to by the time I was graduating high school to where we were just solid middle class

Starting point is 01:09:04 because she sacrificed and did that for her kids, for her family. She did that. Yep. That's what a good mother does. You're selfishly doing what you want to do. Good mothers also show up for their kids with that risk of losing their income entirely. $3,000 going to a trip, a whole quarter's worth of your income. It's not a math game of

Starting point is 01:09:25 one show up equals I can go blow all the money to invest in my child's future. When you get evicted, they're not going to remember the yippie mom was there. We aren't going to get evicted. Says everyone who's ever been evicted. Like, I don't know. Like, I don't know. Like, I don't. know? Technically, we can't get evicted. Why is the technically? Because my boyfriend owns the house paid off free and clear. Okay, so subsidized by him too. So we live separately, but me and the kids live in the house. And that's as long as the relationship stays steady. Based on your past, we're eight years in. We got some off and ons, but we're eight years in. Off and on. Sometimes off and leads to a permanent off.

Starting point is 01:10:13 Eh. We tried that. It didn't work. It just screams welfare queen. I'd love to get off of it. I really would love to get off of it. You have that choice. You can go do that now.

Starting point is 01:10:24 I think my big problem with it is you can't, what you lose, you can't just make up overnight. It's 300. Yes, you can. It's 300. My kids have state health insurance. Well, yeah, but even still to a certain point

Starting point is 01:10:40 through the affordable care, The subsidies are so extreme. Yes. Dude, I applied for it myself. We don't qualify for it. What? Why? Well, right now we don't qualify for it because I don't make enough. No, I'm saying once you get to that point where the state no longer covers the kids, then you get subsidized.

Starting point is 01:10:55 Right. Where you probably wouldn't be paying a single penny until you at least make a decent amount of which, yeah, you should contribute. So what I was talking with the lady about it, working at, even at almost $40,000, we wouldn't qualify for it because it wasn't enough. to qualify for any of their plans. Exactly. We're not getting you to make 40. I'm getting you to 50-60. That would be great.

Starting point is 01:11:18 Well, yes, but you're not willing to work. I'm absolutely willing to work. Come on. This is so stupid. I just need to be able to work and still be there for my kids. Physically be there for my kids. I know! You don't think people who work 40 hours a week are there for their kids.

Starting point is 01:11:34 I'm not going to hear this anymore. I'm not going to hear this anymore. I'll say it again. You're being selfish. You're being selfish. And you're living off of us. You're welcome because of your selfishness. I mean, technically, it's Kansas.

Starting point is 01:11:48 A lot of the assistance that comes in for food stamps, Medicaid, is usually a partnership between states and federal government. Food stamps is a little more states. A little more states, but I'm sure what you're getting through the state, covering your kids' health care, is coming substantially through federal government. Oh, the health care is probably federal, for sure.

Starting point is 01:12:08 Well, there you go. You're welcome. The food? Probably not. A little bit. discover it. What's going on to this? You're purchasing it on a card just like your last card that is basically maxed out

Starting point is 01:12:18 that you cannot pay off that is accruing interest. Why would you possibly do that? It just started accruing interest. Again, almost all of that is from trying to get the shot built out. Trying to get it so we can get people in there.

Starting point is 01:12:31 And I want to also be very clear. Guys, do the math out there for a second. There's nothing wrong with building a business, even if you fail, that happens. There is nothing wrong with being on food stamps. That happens, you know, when someone actually deserves it

Starting point is 01:12:41 and they don't have the choice to go work. But here's the reality, guys. We are paying for her kids health insurance. Good. I don't want a kid to not have health insurance. We are paying for her to eat and get groceries. Good. I want that to happen. But what are she doing with not having to spend money on that stuff? She is then taking it and she is investing in her own business, i.e. how this translate is the government, the taxes you've paid, the taxes I've paid, the millions I've written in checks. Oh, kill me now. that I could use to actually invest in this business

Starting point is 01:13:16 and do a lot of damn things is going so that you can build your own business in a horrible way that is going to collapse and fail. Maybe. In what way is that considered fair or equitable even? It's not. Didn't say it was. It's disgusting.

Starting point is 01:13:31 Again, I don't want to be on the things. I hate doing it. I don't believe that for a single second. Good thing to say while you're on camera. Listen, you can get on the FISCard, debit card that builds credit. So it works like a credit card, but you can only spend what's in your checking account.

Starting point is 01:13:47 So it works like a debit card as well. Oh, good. Your payments fast, too. That's wonderful. That's great. I'm really sure I made it, but okay. Your payments passed due. How long does this take to pay off

Starting point is 01:13:59 if you make minimums in payments only without any purchases? Oh, I haven't even done that math. Try to do that math. Just what do you think? God, come on. It's on minimums, but the interest and everything is probably 20, 25 years. And that's if you do not purchase

Starting point is 01:14:12 and you only make minimum. By the way, it's 32 years. You'll be in retirement age. Yep. Which right now I also won't get to do. No shit via your choice, which will put your kids' life on hold, and they will support you. Because Social Security will still be around by the time we retire. Maybe.

Starting point is 01:14:29 It will be substantially less. It will be. It will just be dramatically cut. And it will only be going 100% outflow via what's coming in flow, and inflow will be less. I'm sure. You're what you're saying is absolutely accurate. I just don't look at it because I'm not there yet. You never will be because you won't look at it.

Starting point is 01:14:48 Probably. Yeah, fees, $41. There's your late fee. Interest is accruing. $89.36 cents of purchases. I don't know the fuck. Why? What a joke. I had stopped spending on that.

Starting point is 01:15:02 20% interest, two late fees this year so far on this car. Couldn't see the other one because you couldn't send a statement. You went in, you got some bullshit. And what's price chopper? Grocer store. When you go in and you get $12. $12.14. Is that groceries? Yes.

Starting point is 01:15:16 Okay. It's usually like last things we need for dinner. I'll actually believe that. Usually it's bullshit. I believe that. I really don't do a lot of spending outside of like the shop thing. It's, I really do mostly just get my bills paid as much as I possibly can. And.

Starting point is 01:15:39 A Menards card. Yeah. What's going on with this? So that's where we get. And those nails looks like they cost a, you know, a penny. $1 glue on's from Walmart. Yeah, not bad. I pulled my, I pulled through my change jar.

Starting point is 01:15:51 Uh-huh. I mean, I would just go full natural if we literally can't afford to eat, but. That's, yeah, I had, we had team pictures. I would go full natural. And my nails were color stained. So I wanted them to not look hair color stained. So I spent $7. I got some glue on.

Starting point is 01:16:07 Great. More to the cheer. I know. So the Menards card, we get our cabinets and a lot of our. Oh, no. And a lot of our sheet rocket insulation from Menards. We spend so much more just to get it to the place where we can rent other units other than just one. Yeah.

Starting point is 01:16:25 By the way, I forgot. I forgot to say $344.57 is the minimum fee payment. That includes the past two of $165. Okay. So Crossout has normally $165.57. Yes. But you have to catch up. Okay.

Starting point is 01:16:40 Now on the Menards card, the balance is $4,125 and $9. minimum fee payment of $171. Yes. Interest 200 last month. So. What are we doing? It's almost maxed out. It's just horrible. Yeah.

Starting point is 01:16:56 I made a lot of progress. It was maxed. I've made progress on it. I don't know. There was progress. Well, making negative progress on the last one. You're just pushing and moving.

Starting point is 01:17:06 That's all it's work. Instead of spending the 87 on the previous card from your checking account, you spend it on your previous card, then use it from your checking account. account to put on this card. Like, that's how it works. You're just moving it around. You're not actually making progress.

Starting point is 01:17:19 Tetris is fun. Money, Tetris is stressful but fun. What I think about a mother that can barely take care of their kids. Bills. It is bills. Yes, 300 hours a month to cheer. Yes. Bills.

Starting point is 01:17:34 Mental health. Physical activity, mental health. Use where you are. Yep. And get your free mental health coverage. Can't get it. Yes, you can. I know there's local.

Starting point is 01:17:44 organizations. And a major city like Kansas City, you have not looked. I know for a fact. I have. No, you have not. No, you have not. There might be places that I haven't been able to find. There's just no way.

Starting point is 01:17:54 There's no way from any research we've ever done in any metro when people bring this up. We've always found it. And Kansas City is not a small metro. No, it's absolutely not. Like, I don't want to fucking hear it. If I can find one, I'd love to. But I also like the physical activity is a big. Yes.

Starting point is 01:18:11 Go run. God, no. I have bad knees. Go do anything. Go to the gym. I don't care. You have no excuse. Gym, 30 bucks versus 300.

Starting point is 01:18:24 I don't want to fucking hear it. This is such bullshit. Too late fees this year so far in this card, no one's surprised. No. Hundreds and interest. Now that it's all interested in crime, we're talking to 30% interest rate. It doesn't actually have a set interest rate on that card.

Starting point is 01:18:39 Goes up and down? So. As interest moves? Not necessarily. So, like, they have promos where if your purchase is over, a certain dollar amount. You can get zero percent interest for six months or 12 months. Yeah, but a lot of that is out of it.

Starting point is 01:18:53 So it doesn't matter. But then there's others. This capital one, bring it up. Pass two fee. Shocker. Trying. When it loads, you'll get it. Okay.

Starting point is 01:19:08 Smaller. Yes. What's the minimum? Probably 25 bucks? I'm not sure. Auto pays off. That scares me. Yes.

Starting point is 01:19:16 I'm going to put 30 for minimum. It's usually what it is. Yep. So saver card. $339.33. Okay. So, what's Adventure Academy? That is... What's reading IQ? Those are both things for the kids. But of the library. There's public libraries. You're in a major metropolitan area.

Starting point is 01:19:36 What's the date on those? Reoccurring. End of the month prior. Oh. Pending Einstein Bros. That was breakfast this morning. Park. Casa living

Starting point is 01:19:52 It's where I stayed last night So you went down there and purchased something? No $21 is that Wasn't $21 to stay there No, it was like 96 something And then the 21 was the insurance In case I couldn't come on the trip for you

Starting point is 01:20:09 Adventure Academy Yep That one ran out of You do listen So far are you spending an outrageous amount of money Technically compared to many other people No but you're not compared to many other people You barely make any money.

Starting point is 01:20:22 You're turning to take care of kids. You're spending more money on a couple things than you should even come close to. It's disgusting. Yeah. You shouldn't. Because it's all ratio. If you made a million bucks a year,

Starting point is 01:20:35 you could spend tens of thousands of dollars in bullshit and it would still be less impactful than you. Oh, yeah. If you go spend hundreds of dollars in bullshit, it's destructive. For sure. So it doesn't matter the dollar amount necessarily compared to the guess.

Starting point is 01:20:48 It matters percentages in your f***. And it's selfish. So things you're getting. Yep. City Diamond preferred. Yes. What's going on? It's a credit card.

Starting point is 01:20:58 It's maxed out. It's a credit card. It's got a $3,500 credit limit. That was what I used when we went to Phoenix. $3,322.96. It went up because you purchased more than the minimum. Minimum being 41. 12 years to pay off.

Starting point is 01:21:17 Probably. I hear the, you told Lindsay. that you're different than other guests on this show. A little bit because... How, we've had single mothers, many of whom actually work and provide. So you're right. You are different.

Starting point is 01:21:30 Other mothers are better. It's different because not all of this. Most of my debt isn't like random, like we're not going on trips and blowing out. It's your desire to build a failed business. It's still what you want to do. It's a goal to have additional income. But it's a failed goal.

Starting point is 01:21:46 All math fails. So yes, you're different. You made one of the dumbest decisions I've ever seen in the history of this world. Probably, but now we're here. Yeah, but you can stop. You haven't spent all the way up to the 70. We've got to get it at least.

Starting point is 01:21:56 No, no, no, no. It is not sunk cost. We've got to get the walls closed. Why do you have to do this? We have to get at least the walls closed and a ceiling put together. He might not even accept a renewal. And then you'll still be underwater by like 10,000. 10,000 that you can't afford this 10 months of your income.

Starting point is 01:22:12 Yep. And you're right. You know what? You travel. You know, you travel for your things. Only once. Yes. Only once a year.

Starting point is 01:22:21 coming up. But here's the thing. Here's the thing. Other single mothers travel once a year a year, but they use it as making memories with their kids. You just do it for your own selfish

Starting point is 01:22:30 cheerleading thing that you want to do. For endorphins. So you're right, you're not like other guests, you're worse. Everything else is for my kids. No, you're building your business for you. I don't want to hear that. That's a disgusting joke.

Starting point is 01:22:42 Because I want it to be a long-term something. It's not. You're already under, at the best case scenario, by the end of your lease. That you cannot keep saying that. The math is not working. And that's the best case scenario.

Starting point is 01:22:54 By the end of this lease, yes. And he might not want to renew. You never know. We've got... He might sell it to someone else that does not want your type of business. We've got a guarantee two extensions after our three years is left. Two extensions at what price guarantee? Because oftentimes those come with price increases.

Starting point is 01:23:10 $200 on the first one and $400 on the next one. So it'll go from 14 to 16 and then 16 to 20. So you might by the end of a decade break-even. What a legacy. We'll see. Wait, you've never bought your kids' Christmas gifts? I have not ever been able to. So you spend $300 a month in yourself,

Starting point is 01:23:31 but you will not get your kids' Christmas gifts and give them a nice Christmas. You're selfish. Everybody else in our family gives Christmas gifts. Yeah, but you could too if you cut back this $300 a month. That has thousands a year you could give them in Christmas. I have taken my kids on trips. They have chosen, and this is in the past, it's all paid off and stuff.

Starting point is 01:23:49 9 and 11 year old? I have given them the choice. You guys get presents from everyone else. Wait, but you got your boyfriend an expensive pellet girl? I did. For Christmas? One 10. Oh my,

Starting point is 01:23:59 ladies and gentlemen. What is this world? What am I talking to right now? Your priorities are whack. Sometimes. Yes, your priorities are whack. But they, that gave them the choice.

Starting point is 01:24:11 I gave the kids the choice. I can get you more presents or we can go visit your friend in Florida. And it was $800 for all three of us to fly around trip. And you could have got them a Christmas as well. And you were not spending $300 a month on you, 3,000 hours going on your little special trip. And they chose to go to Florida. No, you could do Florida and Christmas if you weren't doing your selfish things.

Starting point is 01:24:32 You know what a good mother does? She doesn't spend on herself. She only spends on her kids. And decides that her kids have enough from everybody else that they can have an experience instead of a present. I feel so bad for them. They're going to grow up thinking their mother doesn't buy them gifts. I don't think that's a fairest of many either

Starting point is 01:24:48 because you don't know how much I've put into things for my kids. Um, mathematically, I kind of do. From what you have there. Yes, which kind of defines your entire where we are. For where right now, yes. Yes, that's everything. I don't give a fuck about then. I care about now.

Starting point is 01:25:03 This is what everything has led up to. Find anything I get forward. You have a 2019 Kia Sorrento. I do. Wow, yippee. 13,288 dollars in three cents. Yes. Very good.

Starting point is 01:25:18 What's it worth? Um, it was worth more. and then we got in the car wreck last year. What's it worth? And so I think now it's worth around $9.95. For trading, probably, private sale closer to about 11. Yep. Yeah.

Starting point is 01:25:30 So you're underwater, not dramatically, but, you know, it's not the worth. Your minimum fee payment seems to be $3.37? Yes. What's the interest? Well, it's $3.36 and the change. $3.36, 18. Rent, interest is $4.9. That's not the worst.

Starting point is 01:25:44 Listen, this isn't the worst car. I mean, of course, this is not a budget for you. That's because you make no fucking money via your own choice. So everything's out of budget to you. For most people, I mean, this is a great budget car and your negative equity position isn't the worst. Nope. And clearly the car wreck wasn't so bad that it didn't in and total it.

Starting point is 01:25:59 No, it didn't, but it ripped the whole back end off and killed a bunch of those sensors. Yeah, but you were able to repair it and still be only underwater by 2000. So the car wreck, I'm all of a sudden feeling even less sympathy about, no offense. Offense, I don't care. I don't know. It takes a lot to offend me, Caleb. I don't care.

Starting point is 01:26:16 I mean, I have your consent. So I'm just, I don't. I don't know. Everything's out of your budget because you just choose to make no money. It's as easy as that. Is that the end of your debt? Yeah.

Starting point is 01:26:30 Is the rest checking? Yeah. Okay, 429 in this checking account. Netflix. You use YouTube, including YouTube kids. It's free. Yes, there's ads, I know, but there's ads on Netflix plans as well

Starting point is 01:26:44 unless you add free and you can't afford that. You simply, if we are funding your food, you can't afford this when there are, very good platforms that are free. There are more viewerships on TV. TV alone from YouTube than Netflix. And that's TV. That's not even mobile devices. Okay? Not even

Starting point is 01:27:01 computers. TV alone, more people watch YouTube on TV than Netflix. The only platform that wins on TV is Disney Plus and you can't afford that either. So obviously YouTube is good. Use YouTube. Cancel Netflix. Unless Netflix gives us a multi-million dollar deal. Just kidding. Just kidding. Oh, I joke.

Starting point is 01:27:17 Spotify? Boyfriend actually pays me, gives me cash to cover. because he also uses it. Sugar Daddy. My dad pays me the $16 a month for the Spotify because he uses it a lot for work. What about the pretzley truck? The pretzley truck is my vice.

Starting point is 01:27:36 She's not around very often. Yeah, fuck you. I don't give a shit. So when she's there, I get me a small pretzel. Shut up, shut up. Hey, what did you go into the gas station and get for $4? Probably a slice of pizza after tax. The gas station?

Starting point is 01:27:50 Which gas station? QT. Bottle water and a snack then. Why? Buy in bulk. Pack with you. We do buy in bulk as well. Well, that pack with you.

Starting point is 01:28:00 What are you doing? It's usually when I'm nowhere near home, which doesn't happen often. This is so stupid. There should just always be in your car. I always have to buy a car. This is what people here have been doing at the office as they've gotten the game or stuff. I guess. Listen, you can't have caffeine.

Starting point is 01:28:18 Instead of stopping at the gas station, getting their $4. energy drinks. This, these are the free samples that you can get link below. These are all the energy versions. There's energy-free versions. Those are the one I have the hydration drinks. It's so much cheaper. It's like making your own coffee at home,

Starting point is 01:28:32 but it's 25 cents a serving. 10% off link in the description below or get your free samples when you type in code, Caleb. So no more stopping in. 25 cents of serving. I know you're not getting energy drinks, but it's like the same thing.

Starting point is 01:28:44 Because then you did the same with Dollar General. Then you're ordering things on Amazon. Burlington stores, Amazon Academy Sports, Dick's sporting goods. What the fuck are we doing? Academy and Dick Sporting Goods were to get what I needed for my jobs at one of the stadiums. They had uniform requirements that I didn't own the things for already, so I had to go get them.

Starting point is 01:29:05 You went in and got some bullshit in Amazon. I'm going to need to say to that, Amazon. Gardner Parks and Recreation, winning got some bullshit, winning got some bullshit, winning got some bullshit. Parks and Rec is my... Pull up your Amazon. Parks and Rec is my son's soccer. Start a screen recording? Well, that's okay.

Starting point is 01:29:20 at least you're actually giving him. We're the Hartford, with decades of experience insuring millions of unique small businesses when it comes to your small business insurance. Thank you. One size, absolutely, does not fit all. Get a quote or find an agent today

Starting point is 01:29:34 at thehartford.com slash small business. $3 when you take $300 for your parks and rec. Oh, that was this fishing tournament. Please load. You say start a screen recording for me to start? I don't know how to do that. I am not a techie person. top down.

Starting point is 01:29:54 This is what it's giving me. It's loading. It's loading. This is all it's giving me. Yeah. No one else has a problem. Probably. Joey and Prime.

Starting point is 01:30:05 You're not locked in, I don't think. I don't have Prime. But you're ordering it on Amazon? I do. When I have to get things for work. So again, my most recent stuff from Amazon is shoes for one of my stadium jobs, uniform pants for one of my, from that same stadium job. Checking as 4.82.

Starting point is 01:30:28 Going out to eat. Bullsh, McDonald's. Bullsh, bullshit. You went in and got some bullshit. You're doing that a lot. A little. A lot. It has been. It has been worse the past couple months.

Starting point is 01:30:41 You literally are being subsidized by us and you're going and doing that. It has been worse the past couple months. Great. When we're doing worse, that's wonderful. This has $7 and it's, uh, It's like nothing. Savings 18. And you're literally losing $2 on it.

Starting point is 01:30:58 You're not even accruing interest. Two hours a month for the service fee. I just don't get it. Yeah, service fee is killing. So total income, everything together, and this is seasonal. It's going to end, you know, when football ends, I guess, or whatever sports happening. End of November. Great.

Starting point is 01:31:13 So end of next month, whatever. $2,141.31.33. Minimum monthly payments is literally your entire. of 96575 via your spending and stupid business decisions that were your choice and make absolutely no f***ing sense. Yes. Your rent, it's free. 625 on paper. Do you ever give it? It's flexible. Do you ever give it? So it gets given eventually, like, if I can't make it. If I can't make it it all at once, it gets paid. How much debt do you have to it? I think it's caught up right now. How much is it? 625. Do you do utilities? Yes. How much a month?

Starting point is 01:31:52 Total, including the internet. About 200. Yeah. Car insurance. One... $160. Phone bill. $259.

Starting point is 01:32:09 How? How what? What's so expensive? Because my internet is built into my phone bill. $5. I've got my phone. I have a house phone for my kids because it's only $25. Dude, once these phones are paid off,

Starting point is 01:32:24 if T-Mobile's good in your area, switch to helium. Those are the towers that Healium uses. There's literally a free plan if you don't use much data. But you can also just use a cheap $15 plan and use data as well. I mean, this is like crazy. It's like, come on. It is a lot.

Starting point is 01:32:38 Pay off these phones, figure it out. You can't afford. That's not even close to something you can afford. Well, food stamps, okay, well, we'll take $300 away from what you need to put to it, but you still need to put in about... I think outside of food, we spend about $2 to $2.250 on groceries outside of the food stamps. Yeah, I was going to say about $300 because no more going out or getting some bullshit.

Starting point is 01:32:57 No. T.P. Find anything else you and your kids need should be about $200. toothpaste, whatever, sports activities, all that good stuff. 200. Medical health or any co-pays, I don't think so. Nope. Okay. Savings, no.

Starting point is 01:33:07 No. Jim, no? No. Okay, well, what I am doing is putting in gym for $50 and you're getting rid of your $300 bullshit. That's the reality. It's not an option. Subscriptions, looks like they're paid for.

Starting point is 01:33:19 Don't have any pets, please. I have three dogs. No, no. Oh, that's disgusting. That is disgusting. You can't take care of them. How old? What are the ages?

Starting point is 01:33:31 What are the health? 12, 9, just turned 3. Okay, for the 3-year-old, what's the health? Perfect. We're going to get them pet insurance. It's going to be good pet insurance because you can't afford to take care of them. If we get sex, 50 bucks. How much pet food on a monthly basis?

Starting point is 01:33:49 We ended up getting food every like six weeks. That's, I think, $50 a bag. Okay, I'll call it like 40 then. or anything else that needs to be in your budget that I have not taken an account. I don't think so. Tracker, we don't make enough money. I mean, this is, this is, this is just, this is just it.

Starting point is 01:34:10 It's not even surprising to me. Can I call your boyfriend in the post show? Yeah. I'm going to call your boyfriend and I need to just confront him and just, he needs to push it to the right thing. This is a reality. This is reality because here's the thing. I mean, 2,849 is what you need to survive in 75 cents.

Starting point is 01:34:22 It's like, what the fuck you're doing? So you're underwater dramatically. We've known the answer. I think the audience has known the answer since about 30 minutes in. I don't give a fuck about what you want. I know. I'm sorry. You're a single mother.

Starting point is 01:34:35 Sometimes single mothers see their kids a little less because they go work in order to take care of their kids. You're you... If you weren't dating this guy, you wouldn't have a place to live. It's just not a thing. You're f***ed and you're in their future and everything's... You need to go get a real job yesterday. And we can help you.

Starting point is 01:34:51 We can get you connected with the resume services. For sure. But I don't give a fuck what you want. You're going to go to great clubs. You're going to go to wherever. No, yes, you... There's the face. Never mind, I'm fucking done.

Starting point is 01:35:00 See, she's not even willing to sacrifice. You go, shut the fuck. What a piece of shit. Great clips. No, you're disgusting. You're disgusting. You're disgusting. Never mind.

Starting point is 01:35:09 I wanted to give you, I wanted to give you all these suggestions, but fuck off. Listen, you're not even willing to go do that. Just fuck off, honestly. Good luck to your kids. They don't deserve this. You're disgusting.

Starting point is 01:35:19 Spending in a budget. You overspent zero out of ten debt. You don't have collections, but for your income, it's absolutely horrendous. It's obviously, one out of ten. Emergency fund, nothing. Zero out of ten. retirement. Nothing 0 to 10.

Starting point is 01:35:30 Real estate, nothing 0.10. Hammer Financial score is rounded up in the score that she, well, close to what she said on the test. But 0.5 out of 10, get your score, Calebhammer.com. Now come join us in the post show. I'm going to call her boyfriend. Confront this.

Starting point is 01:35:44 Click that join button. Join Hammer Elite. Three premium shows posted every single day, Monday through Friday, including an extra 20 minute of this episode and every other episode called The Financial Auto Post Show. See you there. I were his finances.

Starting point is 01:35:55 Bro's cooked. How f*** is he? I can't. You can't? I can't. I know he's in IRS debt. Beyond that, I don't know the total dollar. You don't know how much IRS debt he has, and you're going into business with a guy with IRS debt.

Starting point is 01:36:08 He doesn't even pay his own damn taxes. You're getting funded by the taxpayer. And then you're going to business with him? We fund that and we allow him to not pay his taxes so that we pay more in taxes. I love this system. Hammer Elite is the best YouTube membership on the platform. And I just upgraded it. Three exclusive dedicated shows every single day, Monday through Friday.

Starting point is 01:36:27 Join with the link in the pin comment or description below. This is the best membership you'll ever join in. That's a promise. Ambition comes in all shapes and sizes. At First Citizens Bank, we roll with your goals because we're built for what you're building. Fit for your ambition for Citizens Bank.

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