Financial Audit - Trans Socialists Hate America | Financial Audit

Episode Date: March 31, 2025

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To watch episodes of Financial Audit a week earlier, check us out on YouTube. We're so anti-American. No, we're going to Germany. Doesn't matter. Yeah. Are we sure we're not just fleeing because we can't survive in the system because we haven't put in a single ounce to learn? We can absolutely survive in this system.

This doesn't look like surviving in the system. This is a pile of debt. I'm not in the belief that money should exist. What are we doing here? You're not a little victim at everything. You have a little thing called fucking doing shit sometimes. We need 12 grand by September. That's when we're getting out of here.

Good thing we don't. don't believe in money. Download my new simpler budget app today and take control of your money once and for all. Hello, I'm Elliot. I'm 24 years old. Hi, I'm Mateo. I'm also 24 years old. We're from Portland, Oregon. And this is financial audit. Thanks for coming over from Portland. You look like you're from Portland. You got the full man bun really stuck in 2012 there. He does my hair. He chooses what the hairstyle is. Yeah, that was me. Really stuck in 2012.

there. Thank you. We're starting a burger place with like metal chairs and stuff soon. What do we do for a living? Let's start with you. I'm an auditor. Who do you audit? It's inventory at Intel

warehouse. Yeah. I work in the lab at Intel. I test the systems before we send out. So both at Intel? Yeah. Yeah, I got him a job at Intel. Really? Okay. What do you make? Let's start there. Uh, uh, oh, I make... Do you want me to answer this one?

Yeah. Why? I do the money in the relationship. But you don't... You know what you may. I make like $20 an hour. He makes me... You don't even know you're hourly.

No, not really. Wait, but how are you accepting a job, trying to negotiate for raises, looking for a comparable or a competitor job, trying to make more money? How are we doing that without knowing what we're making out of the gate? Intel has to do good. enough for us to even approach the race of topic. Yeah, I can't even ask about a raise. Yeah, but you can find there's other companies

in Portland than Intel. Another job can be found. You need to know if you're getting paid competitively for your space, but you don't know that if you don't know what you're making. Okay. Fine. What is made? He makes 19 an hour. I make 20, 50 an hour. You said 20.

Okay. And yours is hourly what? $20.50 an hour. As contractors, two Intel. How many hours a week are we working? 40, exactly. Full time.

Okay. So what's hitting our account? Shared account? Yeah, we have joint finances. You guys are married? Yes, we're married. How long has it been? A few months?

Yeah. We got married back in December. This is fresh. Yeah. Wow. Okay. Okay. So what hits the account on a monthly basis?

About 4,800 a month after taxes. We get paid weekly. $4,800. I had $5560. Was there overtime here and there? If a month is like five weeks, then we get paid five times in the month. Which it may have been at that time. There may be a holiday pay.

No, we don't get holiday pay. Okay. We get paid on holidays. We get paid on holidays, but there's no special pay adjuster. Okay. It's just eight hours of pay. Okay, for what it's worth, you guys have been together for only three months. So would we know the entire-no, we've been together for longer than three months?

We've been married for years. How long have we combined our finances? Since August of last year. Okay, so some catching up. I am definitely allowing a part of grace of not knowing the household finances, but why are we just like putting it on one person's shoulders and the other one just doesn't care? Like, why are we doing it this way? It's not so much not care, but me being involved in the money would be more of a burden, I think, for you than otherwise.

It's like doing a task yourself versus teaching someone how to do the task. task. It takes longer. It would take longer, but it would make sure that you're not the only one doing the task. And if you can't do the task in that moment, you can make sure the person that's also your equal in life can do the task. He has access to all of the documents as well as all of the passwords for all of our accounts. So if I were to drop dead, he could hand it to like my dad and figure it out that way. Also, maybe I'll learn it over time.

Yeah. You disagree? Well, it's certainly not been in the plans. How were we together before? We got married after a year of being together. Okay. So it's pretty quick. And we were planning on getting married a lot later than that,

but current events kind of spurred things along. Yeah, we were planning to get married in like September of this year. Something happened in Portland that I'm not aware of? not in Portland, just... In the nation. So we... Are they deporting trans people? No.

Not yet. Oh. Wasn't aware of that one. Yeah. But there's definitely been some executive orders that made it harder to leave the country as a trans person. Harder to leave, really? Tell me.

Because of, it's related to passports. Because of the executive order, he signed about, like, they're only being two genders. people with passports that have a different gender marker. Does this way to get married quicker? No, the getting married quicker part was because on November 5th when Trump was nominated for the, to be president, we had to move up our time. We read Project 2025 and it's not good if they go through with that for us. It makes living in America very difficult. Is this going to be a very political conversation?

A little bit, yeah. Okay. I'm not going to give my opinion on anything. I'm just going to ask questions. That's why. Because I want everyone and anyone from any walks of life. Whether you are right or left, I don't care. Get your finances taken care of.

Get your shit together. I don't give a. So we just ask questions. Okay, so, okay. So you got spooked by the election. So. Yeah, we had to get married. We had to leave for Germany in 2026.

Germany? You know, they just elected their first. right-wing government in the last couple decades. One of the right-wing parties is part of their government. Right of the Western European countries, isn't it? We were watching the elections

because of that. There's a lot going on in Europe. The rest of the parties in the coalition are refusing to work with AFD, so there's hope there. There's no hope of GDP growth. Well, yeah. We're going for a little more

scared here. But the marriage being... Isn't that happened to you? Not to me specifically. We're leaving for Germany for our like building future purposes. That's what we're talking about. I'm trying to get you guys to Germany. Yes. Yeah. Your job is to...

I'm going to blind here, y'all. Yeah. Your job is to fix our budget so that we have enough in the bank for when we leave for Germany. We're going so that... How much you need to live in Germany? I've never calculated the need for living in Germany. They're more of a social safety now, but you guys wouldn't be citizens. I don't know what you qualify for out of the gate.

We need $12,000. Yeah. We need $12,000. $12,000. Yeah. Europe isn't very pro immigration right now. I don't know if it's different. So for qualified individuals, they're very, they're very interested.

Germany. Portland, you guys are making kind of low, though. So are you guys qualified individuals? Yeah. What do we consider qualified individuals? I work in a technology position. And so they have an expedited visa process for that. What's your job again?

I fix up computer systems. I do some basic programming stuff. Why do you get paid pretty low for the Portland area? Portland's expensive. Because we're contractors. Because we're contractors with Intel. But there are contractors that do make a lot of money, though, sometimes. If you're higher up.

Yeah. But for most of the... 24, 24. I have to remember we're 24. Yeah, 24. I'm still finishing my degree, so... Undergrad? Yeah, undergrad. Bachelor's. How long have you been in?

I started college at 16 getting my two year and then I had to wait for FAFSA to kick in because my parents were in that sweet spot where they made too much but not enough to help with college. So last year I finally hit old enough that FAFSA was like, sure, we'll give you money. And here I am finishing my third and then fourth year next year. Okay. But you? Qualified? No, no. Qualified via experience, maybe work experience.

Yeah, up until recently we were going with a different plan for me because I have, I have a chance with the derivative citizenship for Germany. But unfortunately, that's like a two-year process and we don't have time for that anymore. Okay. It's going to, sometimes, I joke about Europe all the time. It makes it sound like I hate it. I actually love it. I love how they build their communities, this walkable communities, a lot of stuff like that. I feel like you're going to have a relatively decent chance getting there because there's been a massive brain drain, brain drain.

Europe because their economy is not keeping up across the board. Their wages aren't keeping up across the board. Well, it's about to be the same here. There's also safety nets are going dry. About the same here. We would have to drop like 40% to make up for the gains since 2009 that they've never been able to make so. Oh, yeah, 2009 when I was nine years old.

It was a great time to get into the stock market. That is exactly what Europe's economy GDP is still, by the way, where it was in 2009. Okay. Yeah, that's where you're going. Okay. Cost of living is also a lot lower, though. So what happens when the economies don't grow? We'd be able to afford an education over there, which is kind of the most important thing.

With executive orders. You're getting your degree, though. Yeah, I'm not. I like to, you know, make little European jokes. It's fine. It's fine. It's fine. You move there if you want.

It's okay. I think it was just, I'm just saying it's probably easier to move there because a lot of qualified individuals have left here because they don't make as much there. It's harder to make ahead. Things are not going as well there economically. So that is, it should be easier for you to go there is all I'm saying. So if you want to go there, I'm down to help people get to the goals regardless. Let's get you there. I pay 17 grand a year for college right now.

Yeah. And in Europe, it is 12,000 per year for rent, groceries, cost of living items. And then also their tuition is included in that 12,000 euros. Dude, I don't get me wrong. It's really nice when everything. is subsidized. It feels really nice on the other end for the person

that's going there. Whether or not that's sustainable since their economies aren't growing, who knows. So if your kids can get that, good for them. I don't know how that'll work. We're not going permanently.

We're going until I finish my degree. And then hopefully after the administration is over. Yeah, assuming things don't get worse. Assuming he doesn't go for that third term, then we'll come back. I'll have my degree. I don't think that would be constitutional.

It's not, but that has. and stopped him before. So far. Okay. I feel like you guys. Okay. Is this a very big life choice to make

just from an election? We had planned it prior to the election. Who would have won either way? I don't base my entire life off of an election. I get you're in a more unique situation, but you're also in Portland.

It's like the most... Originally the plan was he was going to get his derivative citizenship and then tuition for him in germany would be free. Tuition, is that the big focus? Is that, are we really just using the whole election as an excuse to do election? It's more like we're landing on this degree thing, which I'm again, let's get you the goal. He cannot effectively get a degree in America. Why? Unless it's free. Well, it's just, I, well, that's kind of bullshit. I can go to Austin Community College right now and semester take like eight credit hours for like a couple thousand bucks. Yeah, the, the, the day.

incurred is the issue here. Yeah. A couple that, that's already existing? Yes. Oh. Yeah, we'll get into that. Why'd you get into debt?

I wouldn't really, well, that's, I feel like that was a choice, and sometimes we'd deal with the consequences of the choices that we made. Definitely was. The,

hold on, sorry. Are we moving on to the, what? Yeah. Are we getting into why you have student loans? Yeah. Yeah.

Are we doing Germany? I don't. I feel like I'm just along for the ride right now. I don't know what's happening. I want to get you guys to the goal. I like to make little cheeky comments about Europe. Listen, I'm not pro or anti-Europe. I don't care they can do whatever they want.

We can do whatever we want. I'm not pro or anti this last election. I don't give a fuck, you know. I just want to invest and make money. That's what I like to do and I want to get people out of debt. So whatever. Doesn't matter to me. Let's get you to your goals.

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Why Refi wants to help you climb out of debt, not push you further in it. Check them out at yrefi.com slash hammer. That is Y-R-E-F-Y-Y dot com slash AMER or call AAA-E-R-E-F-I-R-E-F-E-Y-F-E-E-FY-E-FY-E-E-FY-E-E-E-FY-E-E-E-FY-E-E-E-R-E-R-E-E-R-E-R-E-R-E-LEC-E-E-Lage programs before you move? Like, what's the plan here? For a German visa, if you're going for a student visa, a university has to accept you into their program.

And you apply to a degree specifically. Yeah. Yeah. I'm waiting on the application response. And if we don't get it? Then we're going for work visas and I will. But then that negates the big college part. It negates the big college part.

But I'm going to online school right now. And so with that, I can do it from anyway. What do we hate about community college? What's wrong with going for a couple thousand hours a semester? Once you've got your two-year, community college doesn't continue. No, I know, but for you. Yeah, for me, I don't think it's a good idea for me to continue doing a college here in the States when it costs so much money. A couple thousand a semester.

I went to PCC when I was much younger and that was a disaster. So I would, if we were going to Germany, I, yeah, I flunked out. It was during. Is that the community college's fault or? No. And it's, what's going to be different in Germany when you can't, can you speak German? Yes, yes, he can. But the.

Okay. So. Yeah, a little bit. The difference this time around is that he is now medicated for ADHD. That also. So that doesn't change going to community college now for a couple thousand hours. What? The cost in Germany.

Germany is going to be cheaper than if he were to go here. It's roughly 300 euros. 300 a semester? Mm-hmm. Well, I thought you gave me a different number. No, no, no. I spend here today, 17,000 a year. Well, what did you say it would cost over there with you said everything included?

Oh, yeah. So rent and groceries and all of that, the German government wants you to have 12,000 euros. That's what they recommend so that you stay afloat. Oh, sure, sure. Yeah. But you guys are dual-income household, though. We can kind of support each other as we go through. Rue.

Yeah, so long as the education department remains solvent and FAFSA continues to exist. Also, if I'm not mistaken, don't they recommend having more like 12,000 in savings? Well, that's what it would be. It would be 12,000 in savings. Oh, before going in? Yes, before going in. I assume if you're on the show, you would probably have immense debt and the savings is, okay. Okay.

I'm still confused of the anti-community college thing because it's going to cost money to get over there. Yeah. And then there's also going to be likely a loss of potential income as well. Because again, usually when you get a lower cost of living area, you get lower income. You make less of it. How it works. I don't know if we know this or not. But does that not concern us?

I'm not. So if we stayed in the States, I wouldn't be interested in going to college here. but if we went to because of the cost and because I- A couple thousand a semester? Community college? Yeah, I mean, it's... The median person in the United States makes like, what is it? Like, 50,000 hours a year?

I think a couple thousand a semester is worth the investment. We already make close to that amount. Well, you don't make the median household. That's for an individual. I don't see the... there's no incentive for me to go to college here because I don't feel like I could go the distance to get like the level of degree

that I would want if I was going into college. College in Germany also only takes three years instead of the four here. So it's less time. Is it all year? It's most of the year. Okay. So take summer semesters and make it three years done.

Well, and I could actually go into, like I could go further than undergrad. What do you want to go into? I'd like to do something with like languages or history. Oh, so we're not going with the intent to make money. If we're going to Germany, we're going with the intent to make money. For me, at least, he's debated getting a full auditor degree instead of just the work experience. That's not what was just said.

No. I would need to find a way to make the cost of going into college worth the effort because I would want to come out with a job that I could actually. stay in forever. I don't know what that means to you. I don't know what that means. Yeah. No one stays in one job forever. No one does that.

He's the kind of person who would. He finds the things that he likes and he does them forever. What if it's an industry that nobody's hiring? He will find the one job that. Maybe. I think there's going to be a thousand other people, usually in those more artsy. He's just better. He's making $19 an hour.

I mean, I have established myself very well in the team in a very short amount of time. Yeah, he has essentially created the position he now occupies. For $19 an hour. For $19 an hour. Yeah, I do not get paid for the work that I do. That's for sure. But he's building the experience so that he can transfer to a better job later. I guess we have little gifts.

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I think we have those. What do we got? Because we're doing, uh, uh, you're making, oh. What do we got? Oh, it's already here. Authentic German food. Yo. Straight from the source.

Yo! That's exciting. Very exciting. Wintersensensile. There you go. Are we allowed to eat this on set? I sure. Hell yeah.

Sure as long as they're not smacking into the camera. No, no, no, we're going to get an ASMR segment. No. I can't do ASM. What is it, what is it called? Mookbang? I don't know. We just,

we're giving you guys a sausage to eat because we know you like that. Well, thank you, Caleb. That's reasonable sized. Okay. Well, there you go. You get your, you get your cheap college and kind of cheap health care.

Can we get some more? Oh, I think. You can gargle some spit. I got you. Okay, listen, I was about to jump into the finances, but Lindsay, our master of tea, really wants to hear more about your origin story. Yes, yes.

I guess. And then we'll jump into the finances here. Oh, you're still chewing. Okay, so we met at a different job several years ago. We worked at a company that made the machines that Intel uses to make their computer parts. we were both dating different people at the time. He was engaged. To someone else.

What was this year? 24. Now, when was this? 21. Yeah, 20201. Okay. There's a lot of engagements in Mary's and just before 25. But okay, sure. Live fast, eat ass.

Oh. Interesting. Yeah, so he was engaged. I was in a long-term relationship. and then you were only at that job for like a couple of weeks. Yeah, I stayed there because I was waiting for a different position to open up. Okay, sure.

Bill's still got to get paid. Yeah. Go on. I met this knucklehead. And then he got himself laid off after I left. I was one of the last ones to be laid off. I will let you know. Some executive order essentially shut down half of their warehouses.

So he was out of a job. We were, yes, we were, we were, well, we were both with women at the time. Yeah. Huh? Yes. Both what? With women, like dating women. His fiancee was a woman.

My long time relationship was also a woman, believe it or not. Right. I believe it. And then, yeah, so we both leave those jobs and we stay in contact by going on double dates with our partners, watching various horror movies and one. not. So the beginning of our relationship started with us going on double days together with our partners. Just hanging out as friends. Yeah. And then when I ended up like breaking up with, well, I didn't break up with my ex-fiance. I'm sure she'd be in the comments about that if I lied about

that. But when we broke up and I were planning on going on a double date together with our In December of 2023, I asked him if we could become partners. Oh, okay. Where do you think your Hammer Financial score is in the world of zero to ten? Kill me now. Ah, zero. No, no, no, the online thing said it was like a one or two, right? If you want to take that online thing, it is in the description below or go to killhammer.com.

Okay, so we... So we broke up and found each other. Okay. I just told that story in five seconds. All right. Capital One Venture. What is going on here? I don't know.

You tell me. What do we got? That would be... You've got it right there. You're the finance. One of the relationship, I was told. Yeah. Yeah, yeah.

I make sure we pay it every month. Okay, what? That's your card. No? No, no, not pay it off. That balance went up rather quickly. Why? What is going on with this card?

When we were still friends, we decided to go on a trip to Greece. As friends? Yes, as friends. Yeah, as friends. Believe it or not, I haven't seen the movie Mamma Mia, so I didn't understand what... I believe it. I haven't seen either. Going to Greece with a friend of them.

I tried to... explained to him that going to Greece with someone that you've more or less only spent a little bit of time with has romantic connotations. A little bit of time. We've been friends for a year and a half at this point. I get it. We touch each other's butts. I don't care. I don't care. No. We went as friends. My mom told me that if I was going to go to Greece anyways, I had already had a trip planned that I should get a travel card for it so I could get the miles. I was like, that sounds great. I'll get the card. Why is there a lot of debt on this card?

Because we didn't end up fully paying it off. And it kept paying. Why? Because he asked me if I could afford to go on this trip. And I was like, yeah, thinking I could pay it back to him a little bit slowly over time, not realizing that he threw the whole trip on a credit card. Yeah, I put the trip on the card, paid my portion immediately, and then kind of just twiddled my thumb.

waiting for him to give me the rest. And that urgency was never quite communicated to me. I don't know. If someone says, yeah, I can afford it. You would expect that they hand the money over. Okay. Okay.

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you know, when we're having sponsorships and stuff like that. And you know, I've been working with Moomba for a while. and I got a little special negotiation for you guys because I wanted to get you free money because if I get money from them, I want you to get money from them and then, you know, we're all happy. And the thing is, what I got was exactly what I would want to get

if I were putting money in an investing account. Immediate returns on investment. So right now, I got for you guys and only you guys literally no other creator has this. If you deposit $2,000 into Mumu, you get an instant $150 and then 8.1% APY on that money. That's like a 16% return. It's crazy.

It's absolutely awesome. Get the free money now. Link in the description below. Let's do this thing. Let's make some money. Well, you purchased $2,788. and $29 on here. All right.

With $207 of interest, I don't know why the fuck we're purchasing that much money. Why are we purchasing that much of a card that is accruly in interest that we are not fully paying off? The fuck are you talking about. Have you paid back your trip yet? No. Almost.

We're almost there. That means no. Almost is no. I don't know if you know that. Okay. So why the fuck are we purchasing $2,788? Groceries. So we know we make $4,800 a month.

How much did you guys spend last month? I don't know. What does it say? We probably spent. I asked you. Good death. $1,000. Why would we only spend $1,000?

No. $2,000? No, we spent more than we made most like. I would say we spent So with all of our debt payments and stuff Plus how much we spend on just groceries and whatnot We probably spent like 4,500 is going to be my guess

8,642 What the fuck are we doing? What the fuck are we doing? We have 1,000 Then 4,000 We think you spent what you made? No, no 1,000

How do you think you spent it? What's your rent? What's your rent? We spend $13. What's your rent? $1,300. So you thought your spending was $1,000 for the month? I guess I don't know how German math works, but I don't think that'll add up there either.

Yeah. We live with roommates, so a lot of our grocery budget just goes on to the card and they will send me money. I'm sure there's a lot of costco purchases. So that means we only spent $1,000 last month? No, no, it may seem like a lot, but a lot of that was recouped in the money that I get back from the room. mates. And then... $59.

Account transfer in of $45. All right. Interesting. Interesting how this is working out. Are you sure you guys aren't just trying to move to a system that's a little easier because we're lazy as fucking work? How much was deposited? How much was deposited? Deposited?

Yeah. Yeah. Because if... That's what was sent in. If the amount we got from... Let's see. We had our wedding, and we got a lot of money from that. How much was your wedding? We spent $20, $5.500 on it.

I don't know if it's in these statements. Couple grand. Well, the deposits that I made into our savings account should be in the statements. Like ATM? Yeah. Deposits via ATM? We had that. Do your roommates pay you via ATM? No, no.

That's the PayPal Venmo. Okay. I don't care. No, if we spent $8,000, the only way that we could have, have done that. I asked you how much you spent. I heard 1,000 and 4,000. The reality was 8,300 something.

You don't know your numbers. I don't know. This is a harder system. We can like it or we can dislike it. And that's okay. Well, everyone's entitled to their opinion. And I honestly think there's a right or wrong. It's just depending on what you kind of just value.

Okay. This is a harder system. A lot of the times the harder you work, the bigger risk you take. You can make a bigger pie here. That's kind of the thing. but for people that tend to not care or be lazy, they're going to have a harder time. That is the fact of our system.

There is a system that you guys are going to or you're able to be a little more chill. You can be a little more lazy and there's less consequences, but also you don't get as big of a pie if you go ahead and risk a lot of things. Okay. Do we agree with these least basic things? Sure.

Yeah. Are you sure you guys aren't just leaving because, like, you don't know what the fuck you're talking about. You haven't spent a single thing. second to learn. I don't know about these finances. These finances, i.

e. the ones we're literally having to pay bills with. Our finances. You said a thousand. What do you think it was just a thousand for you? This is what I do the money.

But no, no, no. But are we sure we're not just fleeing because we can't survive in the system because we haven't put in a single ounce to learn.

We can absolutely survive in this system. It's just miserable. This doesn't look like surviving in the system. This is a pile of debt. I don't know. Check the, can survive it or not what the, we're talking about.

Okay, here's a payment. Oh, you made a payment? Oh, good. Even though you made a $4,350 payment, the balance only went down $1,000. That's my rebuttal. Like, I don't know, what do you want? What are you talking about?

Balance still went down. Balance still went down, and you still accrued $207 to $66 in interest. It's, uh, you know, I don't you teach a personal finance class. Everyone's going to be so well off. It's for Joanne Stores and... Yeah, that was us buying.

stuff for the wedding and McDonald's. Yeah. Are we supplying fries for everyone at the wedding? No, not the McDonald's. Joanne Stores, Sweetsen House,

McDonald's. Lots of McDonald's. Who's the McDonald's? Because neither of you are fat. We both enjoy McDonald's. I'm so jealous. Why can I not have that metabolism? I don't understand.

It's great. Serrano Italian. Serrano Italian. That was where the... Thirsty lion. Mama Schwarma. McDonald's. Ross Ross.

Rossing it up like crazy. It's not. More wedding supplies. Yeah. Going in and getting some bullshit in the gas station, McDonald's, likely getting some bullshit for Seattle specialty. Lovely dapper desserts. Isn't Fred Meyer grocery store?

Yes. Yeah, quite a few of those, but they seem to be more smaller purchases, which you never really know. Our big purchases for groceries come from Costco. So what the fuck are you getting at Fred Meyer? Like the onesie-toosy things that. Oncey-toosies?

What's a onesie-toosy? We're not good at. We're not good at all quantity items. Costco's a book store. Oncey Tuesday? I don't want to buy 50 avocados at times. That's fine. I've just never heard of onesie-toosy.

Is this a West Coast thing? You should go to Portland. It's great. Yeah. Onsy-Tusies, that's what we call them in Portland. Yes. Small items. One's Tuzys.

One or two things, you know, onesie-tusies. We speak like toddlers and Portland. Okay. Hey, Canada calls them Loonies and Tunees, man. What? Yeah. Canada, like, they're $1 and they're $2. Loonies and Tunis.

Canada can't figure out how to get like a house under a million dollars. I don't give a fuck Canada's. They don't know what they're doing. Except for the ones that download our budgeting app. You Canadians are doing. I don't know. They're doing better than us in the economics department right now. That's legitimately not true.

They haven't had a growth in productivity in four years. That is unheard of in Western civilization. That is beyond factually incorrect. Economically, they're horrible. Economically, the median housing price in Canada is four times ours. Their GDP has a growth for the last quarter. our growth is going to be a reduction. Well, let's see.

We haven't had those numbers. But I don't go on. But listen, I'm not debating account. I don't even, I'm not fucking red white and blue jacking myself off. I don't even give a, but if you're talking about that, that's objectively incorrect.

The Canadian, fucking productivity growth is an absolute disaster, which means wages do not increase. Their housing prices are four times what ours are. They have a population of, what, 40 million, but they had, wasn't it like immigration of 400,000 or something, an absolutely crazy percentage and they can't house those people? And it pushes everyone's cost of living substantially higher, even though

economically... If they have an immigration of 400,000, then they've got to have spaces for them to go. Oh, guys, so that's how that works. I don't know. We're going to Germany. It doesn't matter. Yeah. I know, and I know I'm definitely off a little on that statistic on that last one specifically, but it's still a crazy percentage. Like people can't literally get housing in Canada. You think our housing's bad here, but I don't know what you're talking about.

I'm okay with the GDP on a quarterly basis that does this. I'm just glad ours has actually grown over the last decade. Fred Meyer, we're getting onesie-toosies, cafe and deli, Wendy's, Arby's, McDonald's, some bullshit from the gas station. Something amusement. Amusement. It's interesting.

Gas station. Listen, I, I, I'm just, again, I'm concerned that. It says, conversation, I wonder if there's even a point to it because there are so many things I will rag us about. I will rag on the United States. I will rag on individuals. I will rag on anyone for objective reality things because that's all I care about. But you guys seem to be in a world where just like everything's bad.

And then if we're in that situation where that is not objectively true, when it comes, comes to numbers like inflation data came in today that's when we're filming it it's best it's been in like four years like that's incredible what was it uh under 3% 2.8 from not mistaken out of out of this that is actually really good that's great but uh all i'm saying is does this conversation even matter i feel like you're just so anti which is a very classic genzy thing to do is complete anti west anti west i can't finish my degree i can't finish my degree if the department of education gets shut down if FAFSA's gone. I'm fucked.

What's your, what's your tuition? 17 grand a year. How many scholarships did you apply to this last semester? Zero. No sympathy for me then. Listen, man. Come on, that's fucking stupid. Where's any kind of responsibility?

Scholarships require you to put in your SATs or ACTs and I didn't. Oh, they require you to put in a little bit of things? I did not get those. Yeah, that is true. I started college at 16 and through like a program with my district and so I didn't, I didn't take those. Because he already had college credits. I was already in college. He didn't need to.

And not like the AP stuff. I went to the community college. But yeah, no. I didn't have to take my ACTs or SATs. And so applying to scholarships, they ask for those. And so I'm kind of, but. You could like go and. Current estimate.

are suggesting that about 50, 60% of scholarships are merit-based, meaning they require SAT to ACT scores. So I will rebuttal again with a... I mean, you're taking a cop out. You just immediately threw out a thing that was factually incorrect, even though 50 to 60% do. That doesn't mean that you haven't put in that effort. If you're immediate complaining about the cost of college,

and the cause of college is something that is very valid to complain about, but you didn't put any work into the alternatives. that have shown up on my university scholarship page. So look outside of that. Are you incapable of doing anything? Do people have to come to you? Are you only able to do things if people come to you? You can't go out.

You can't go out. You're not an adult. You're not 24. I came to you. You're 14. I came to you. And I'm telling you maybe you should go to other boards than just the one that pop up on your college website.

Like, like, I'm sorry. I have sympathy for the cost of college. Deep sympathy. I have student loans still. It happens. That sucks. But if you don't put in work for alternatives, then that sympathy goes away because you didn't put in one minute of effort. I don't need any kind of personal responsibility here.

I don't need to go for these scholarships when FAFSA has already covered my tuition. But you owe that still? No. You're not taking student loans at all? Nope. Okay. Well, that's great. Now you can still take student loans and finish school.

Student loans are absolutely horrendous. They have ruined my parents' lives. They have impacted his ability to complete college. How much the student loans do you have? Like 12,000. That's incorrect. Let me share a little secret about building a winning team. It's all about finding the right talent and fast.

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you do it. Guys, I saw how much you spent on your monthly basis. I see in here is going through bull-should. You could sacrifice and pay off student loans. You're not a little victim at everything. You have a little thing called fucking doing shit sometimes. You're able to put in work. student loans, it is a mathematical equation that if you borrow in federal student loans, what you would make in your first year outside of college, it still works out. And you can pay those off in the 10-year repayment program. Ten-year repayment program. Well, that's a thing. Huh?

If that goes away, you're still- A 10-year repayment program? Yeah, the public service loan forgiveness thing. That's not a, no, I'm talking about forgiveness. The traditional payment program pays them off in 10 years. So he doesn't even... They're not my student loans. No, you just don't even know.

You're against something that you don't even know. You're against something that you're not, you don't even have the slightest, because that's the normal student loan and you don't even know that, yet you're so vehemently against them. Yes, because my parents have been paying them off greater than that 10 year.

Yes, because they weren't on the traditional repayment method. They probably borrowed too much for a worthless degree or they probably f***ed around their spending and we're done with their money. My parents are going to, service workers. They, uh, they're working through the public service loan forgiveness program, but it's been, uh, difficult with all of the, the shit that's been going on. What? They only have started to qualify in the last two months.

I don't know the specifics. I just know it's, uh, I don't think I can deal with these people. Oh my, you don't even know their situation. Listen, I don't know their situation either, but we can't say it because it wasn't because of their actions. We can't say it because they weren't willing to sacrifice and pay off their student loans. A lot of people, they immediately go on to an income-driven thing, even though they can fully pay them off. They do that. Me, I'm paying the minimum monthly payments even though I could pay them off today.

But that's because I find better value investing in the stock market. Especially right now, since we're down a little bit this week, I'm just like, let's go! We're down, invest. I love that. It's scary, though, because I... Yeah, the longer. we're in the market, the better. And right now is like the best time to get in. Absolutely. If it's down,

take advantage of it. I know, I love nothing more than a down day other than a down week, other than a down month, other than a down year. That means it's money to be made. Yeah. We're, I'm in the process of getting my retirement moved over to Schwab because if we're, but if we're, you said it's impossible to complete a degree. We prove that incorrect. But then you said it's horrible to take out student loans. But you couldn't. actually say why and you don't know anything about student loans you as we go through this conversation I'm going to have a hard time genuinely just between me and you I'm going to have a hard time because you don't see yourself anything else in this life other than a victim and I don't know

how to deal with that when someone is a victim in everything I am avoiding creating problems for myself down the road lots of people take out student loans and they do okay 40% of people take out student loans, don't graduate from college. Don't be that person. Graduate from college. I'm going to be able to graduate from college without a dime in student loans. Yeah, but you said you don't know if you can. You're afraid of the Department of Education going away.

Yeah, no, that's why we're going to Germany so I can finish my degree. Okay. Look, bottom line, I'm not super even in the belief that money should exist. So it's like I have a hard time. What are we doing? here. The money should even exist. You're right. Let's go back to bartering bouldering skins for beer. And let me go ahead, that's what I've been talking about. For my meal later today. What that's how I

prefer things to be. Yes, life was so much better, especially for someone like you a few hundred years ago. Fair. Oh, fair. We're literally the best time to live in the entirety of humanity is too bad. In this present, I don't know about right this moment. It's kind of not. It's, I... I'm sure you could go back a couple of years, sure. But in general, in our lifetimes, us living, our life will be better statistically than any other human beings lives.

In terms of technological advancement that we have, the medical things that we have, the food that we can go eat, we can gorge ourselves on McDonald's. People couldn't do that 200 years ago. In terms of the fucking dopamine, in terms of we are in the best period of human. companies weren't able to come on we're from Portland what do you expect what of the poor little companies done to you not to me well I mean not to me specifically you can hit by like three layoffs I have been that

that is true but money allows companies yeah yeah it was you landed though like he he is consistently I have the key pivoted the best or if not the best one of the best employees in whatever position He's in. He made the position. The market clearly doesn't demand so, but we don't believe in the market at this table. Yeah.

And he gets laid off anyways. Yeah. Yeah. No, I've, I just, I don't value money and I haven't valued money most of my life, which is why he's the finance. Which is okay. I mean, you can live under a bridge if you want. You don't have to operate in society. No, no, no.

I've tried to make enough money to sustain myself. and in the past But there's more of that than that. There's life you can go live that money provides. Yeah, that's what we do. There's retirement. What's what you do? No, no, no.

We live our life plenty. Yeah, yeah. We invest in enjoyable things. You know what's wild? What's wild is people out there, and I'm going to reiterate this again, I never talk about my time of politics. And the reason is, actually,

because a lot of people would just, I'm everywhere. I'm everywhere. Sign language. Oh, for a drink. I thought we were about to take a hit. Okay. No.

You were like water. Okay. I was like I can fall all over the place because I just tried to go with what is true and I will always change my opinion if there is new information. So I am everywhere. No one knows my politics. I'm a fucking ambiguous. I mean, I see a lot of- Hypocrate.

Hypocrate. Oh yeah, yeah. You say one thing and then you change your mind the next week. I will always be willing to change. my mind if new information comes out or if I learn new things not to do so would be a literal infant what the fuck you're talking about hypocrite

that's the dumbest fucking thing I've ever heard of my life you're not willing to change your opinion if new information comes out all the time yes and it's okay to change your opinion and then the next week more information comes out and it's okay to change your opinion yes because you want to be correct but you're not correct by just sitting there and being like

incorrect you're correct when the data, facts, whatever is in your side. What the fuck you're talking about? Either way, all I'm saying, all I'm saying is what I was trying to say is that no one can place me. People have tried to place me, but they're never correct. However, based on this conversation, talking to you two, I probably sound like the most conservative person that has ever existed in the history of this world because you guys

are so far gone. You should see his parents. Yeah. That's, yeah. So definitely an interesting conversation Anyways We need 12 grand By September

That's when we're getting out of here Good thing we don't believe in money I believe in money He goes on and on about how money is a tool And you can use it Which means you would know that student loans can be used As a tool if used correctly Yeah if used correctly

So use them correctly And not like a dumb It's safer for me not to get student loans. Sure. It's safer to not have loans, but you have to get accepted in this whole program. So I hope you do, I guess. I mean, even if I, even if we go over on work visas, while there, I can still wait for the university application process. And there's more than one university over there that I've applied to. So one of them will. Would you have to back by anyone? No, they are very confident will. Well, it has been really recent. We, um,

Yeah, we got this process started like six months ago. But Germany takes forever for pretty much everything. Can you speak German? I speak a little bit. He's teaching. Will they all be in German? No, no. German universities, a lot of them teach specific degrees in English.

And so you don't need to have a German language proficiency. That's probably trying to get qualified individuals to go there since they've lost them all. Yeah. Yeah. So for my computer science degree, they teach that in, in English. So USAA. What's this?

That would be mine. Oh, okay. So last was yours. This one's yours. We're not authorized users or anything. This was the card that I used primarily before we were together. So this doesn't exist because it's fake, right? That one, we've mostly been focused on paying it down.

Yeah. We don't put too much on it. We put most of our expenses on the travel card because we get most of our miles from that. As soon as I moved in, I basically stopped spending money on that card. I think we just use it for breakfast at work now, right? We were for a while. I don't know if we're even using it for work. He's sitting in silence.

Oh, yeah. So, let's see, yeah, we put most of our money on that travel card. the big $8,000 expense, even though we paid most of that. Because we like to. Sorry, I had to fact check myself earlier because I, like, gave a statistic, but I was like, wasn't super confident in it because I haven't studied it in a second since we, I did the other show. But they had 500,000 new immigrants come in with 40 million people in the population.

Sorry, I thought it was going to be a little less than I said. That's a lot. No, no, no, no, no, Canada. That's a lot when they have a housing shortage. It's a wild number. I mean, for 41 million? I mean, yeah, that's pretty intense. That is crazy.

I don't know how you do that with the population shortage. Well, it's a good thing we're going to Germany. I just had to fact check myself. Sorry, that was eating me up. Okay, sorry, what are you saying? I was just saying that we enjoy the finer things in life. What? Yeah, so in our budget, we...

So you guys deserve all the good stuff just not to work for it. I mean, we work for it. We set aside amounts in our budget so that we can go and do these things. And education in Germany means I can afford an education so that I can afford to get a job. Yeah, this is planning for a future. I'm saying the $12,000 in student loans is what's holding back. That's not even true. The median person's cost of $40,000 in student loans that graduates for college.

So, 12,000. We have to get to Germany by September. Yeah, it's the time crunch. By September? Why? The next school year starts in October. I know, but you said you couldn't go to college because you have $12,000 in student loans. Here. That's why I wasn't willing to go to college here. That doesn't make any sense.

He spent 12 grand and didn't get much out of it. Don't be a dumb thing next time. Go into it with a responsible plan. That's your problem. But you're looking at 12 grand student loans and more if we go to community college here versus the 300 euros. Again, that's not what I'm saying. I'm just saying you saying you can't do it is incorrect. Semantics.

What are you trying to do? Are you going to go on to like, uh, destiny next in debate? Like what, what are we doing here? What do we do? What are, why are you here? We're here so that you can give us a budget so that we can go to Germany. Use the fucking budgeting app then. Just use the budgeting app.

Just fucking download simple budget. Create a fucking budget. It connects to your accounts that are telling you what you spend. I already have a budget. I've got a spreadsheet. What are we doing? I'm miserable right now. You need to squeeze blood from this stone so that we can have the money we need by the time we leave.

Okay. Well, we have USAA. We put a crap tonne each month into our debt. But we're trying to get saved. You spend a lot on it too. You put a thousand four hundred seventy fours. So it's like the balance didn't go down that much. much even though you put 1,474

tors it. It's all fucking Mexican food, Mexican food. Cafe, liquor, cafe, cafe, cafe, cafe, cafe, we do spend a lot on juice. Cafe McDonald's, Cafe McDonald's, going and getting some bullshit from the gas station

McDonald's. Mexican food, McDonald's. A walla. Come on, this is, you're fucking I know what a fucking a wall is. Oh my gosh. Taff House, Shalazen House, winning us and some bull.

and creep page done. Creepage done. No, whatever. You spend a lot of money there. It looks like a restaurant. Wendy's McDonald's. Some bullshit. It's not all Wendy's and McDonald's.

It's all fucking bull. We go to good restaurants. I don't give a fucking. You don't have money and you refuse to actually spend for things that benefit your life. You just run away. Make Mother's Day even more special at Whole Foods Market. Kick off brunch or dinner with quality. cheese and charcutory with no synthetic nitrates.

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I'm not willing to take the risk. And you know, I know one of the big reasons I'm going to do another America versus Europe thing for a second. I know Europe is more left economically, but typically the United States has been more left socially. Historically, yeah. Germany is very forgiving

and very left. It depends on where you are, but yeah. But that is historically. If you're in Berlin, if you're in any of the big cities in Germany, which we would be. The scale is tipping.

You're in Portland. What do you guys think you are? No, we're leaving for the education purposes and we're staying in the big cities in Germany for the, I mean, it's going to be practically the environment. The hope is that we will be able to return to America eventually once we have better educations and we're on better footing in the event that. So you want to come back. Oh, yeah. We would like to. We don't want to stay over.

After my degree, after. So we're going there just to get the degree. But I met on like social policies. Obviously there's like health insurance and stuff like that. You're right. Historically, we were doing pretty good. But now we're kind of regressing. At least the forecast into the future doesn't look super hot for that.

I mean, like abortion was repealed. Gay marriage is on the docket to end up in the Supreme Court's, I guess on their docket as well. I haven't seen that challenge. Oh yeah. Yeah. that's coming up in the next few months.

It's in the lower courts right now. And so us being gay married, don't want that nullified. Most of the legislation is in lower courts right now. Does the courts see you guys as gay married? Yeah. Yeah, yeah, yeah, yeah. Because I'm legally a man. Like all of my documentation says that I am.

Even with the new stuff? Yeah, even with the new stuff. Okay. the new stuff currently bars you from renewing your documents and getting new stuff and then what would the court say about the marriage it would probably

say that like when I went to go renew my passport or my ID or anything there would probably be like it wouldn't go through so I'd have to it's a whole bunch of mess is a big mess what it means right now is that anyone who had like the original

like a different gender marker on their identification documents. When they go to renew, like an error is going to come up. They're going to say that they can't go through with your renewal because your documents don't line up. Yeah. So we're getting out. We're waiting for term to be over.

Why do you want to come back, though? I am a hopeful. If we're so anti-American. No, no, no, no. You mistake me. I am so very pro-America. But we are not in the positions right now to do any sort of effective action to change it. Not that you're willing to do.

You wouldn't apply for one scholarship and you think student loans are the most evil thing ever created in the history of the world, even though a lot of people use them and end up in a better position. I mean, you haven't put in any work. I've put in plenty of work. You're showing up to a job, but you haven't actually put in the effort. You just complain and then pretend like you're a victim at everything. That's what you've done from this conversation so far. And then, by the way, you then just go spend on your money

I'm bullshit. Like, here it is. I have it. That's all... But nothing. There's some good restaurants on there. You got a $150 bottle of wine for a dinner. It's good.

It's great. Yeah. It's good wine. It's good. For his birthday. That was for his birthday. Happy birthday. Get a fucking degree.

I don't give a shit. No, no. Birthday isn't nothing. Who gives a... How will we better our lives? I don't care. They're not going to coddle you. I don't give a...

You turn 24. It's an insignificant birthday. It was a significant birthday. significant birthday for me. Why? Most of his birthdays have been not so much about him. Historically very...

Congratulations. Have a good one in two years. We're adults. I don't give a fuck. You're just trying to live a better life. Doesn't mean you have to spoil yourself now and delay everything and then run away. No, no, no.

You can play at the same time. You don't need to just work. You sure can when you're in a better place. You're not. We're pretty good right now. Yeah, and that's why you have to run in order to go to college. If FAFSA is still around, I can stick to the online school

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Seriously, you'll thank me when your ears stop hurting and your wallet's not empty. I mean, was that allocated via Congress for spending? If it is, then an executive order can't take that away. For the 24-25 school year. But they just laid off half the Department of Education. I know, and that will likely be challenged in court for what we've seen. I mean, they just revoked the- I don't want my education being.

in limbo at the whim of a court. Sure, your education paid for by somebody else. Yeah. I pay into the same systems that I am currently taking out. I highly doubt you net pay very much in taxes. Net. Net. Let's see.

For our last year, we highly doubt you. We got back 1,500, but we still paid like a very significant amount. Probably very small net. If anything, it's mostly Social Security, which you will eventually recoup. I think they paid a return on investment. greater than 15 grand in taxes. Joint.

Okay. Well, probably some state as well. Yeah, state and federal. But like we're paying. It seems like a lot of tax. Did you file jointly?

Yeah, I did our taxes this year. Okay. What was? Did we file jointly? Yes, we filed jointly. Okay.

Yeah. Us making, I think we make a little bit under 80 grand. We still paid like 26% in taxes. What income was filed? What did it say for the house? Oh, I don't remember.

But like, I had worked for like a few jobs that year. He worked a lot of jobs last year. I'm really bad to do it. So you say it's $80,000? That's our current joint income right now. But yeah. So I filed our taxes this year. Last year I filed my taxes and his taxes.

And, and helped him with his previous years taxes. He's, he's, he's got a, he's got a thing with taxes. He doesn't like paying taxes. I really hate doing taxes. I've had, I've worked like, like, money taken away. Multiple jobs for quite a few years now. And so tracking down all those W-2s is a nightmare. Yeah, he just straight up didn't pay his 22 taxes.

Oh. So I had to help him for many painstaking hours get all of the documents. taxes did you say? Probably somewhere in the ballpark of 15, 15 to 20. It would have been about closer to 9 for federal for you, but I'm sure you got Oregon pretty hard. Oregon income taxes is brutal. Okay. Yeah, Oregon income tax is brutal.

We don't have state tax or sales tax, that's what it is. We don't have sales tax. But the income tax is brutal. I think my spreadsheet says we pay like 26% in taxes, but between federal and state. It always looks like a huge chunk. Yeah. It absolutely is.

However, you know, I mean, it was an effective tax rate with Oregon being combined of about 19.4%. That's probably because you weren't, like, all of your different jobs were different wages until you got on that. Well, and I also, like, never worked 40 hours a week

because my jobs always... Prior to getting... However, in Germany, if you make that same income, you'll be, instead of not... 19% or it will be 32.9%. So I hope you love paying taxes. I will happily pay taxes if they're going to valid purposes. I won't pay taxes until

the cows come home if they're there to benefit the schools around me. On both sides of the economic system left and right, a lot of sides think that they're going to have to cut back on a lot of that stuff if they have to start investing more in their defense. If the United States doesn't invest in their defense as much. That's hardly even

politics. You hear a bit more of that on the right, but economists on both sides agree that if the United States stuff spending as much in defense there, which the current administration doesn't want to spend much in defense, Germany will then have to fund more in defense as it essentially runs Europe. Sure. Yeah. Which means less of your tax dollars will be going to those things you like there, or they have to raise taxes even more. I will also. I'm very curious to see what's going to happen. I will also pay taxes for defense if it's going towards the defense of data. But that might mean The things that you care about might be cut and or you're going to have to pay more for college. Or that it'll just be borrowed and borrowed and borrowed.

I don't know. Until the tuition of Germany goes from 300 euros per- Until things change, but you guys are running. We're going somewhere else. Until things change, but you guys are running away from something right now with the anticipation of it to change. Why not until things change here. Things are already changing here.

Yeah, but most of the things you said, it's like the anticipation of it. Yeah. Yeah. Well, I, but I guess that doesn't apply it. In planning for the future, I don't want to leave. my future up to chance. Okay. So we're doing the security.

So the same applies there then with potential higher taxes or... Unless Germany goes from 300 a semester to 17 divided way to... I don't really know. That's not the only thing. Again, I'm not against that. It's your philosophy that I am trying to bring down here a little bit because you're a lot of run because right now is impossible here. Whereas that's incorrect.

Like the student loans. Like, look at your spending. A lot of that could be going towards college. Student loans. Not the worst thing in the world if you do it correctly. It's the, so we also just had. I'm not against going to Germany. Germany is a great country.

I've been there. We just had a round of layoffs at our current position. Yeah. Scary. And we survive those, thankfully. Surprisingly. I don't want to put myself in debt with the. Layoffs will always be a possibility.

Yeah. I know. And I'm just, I'm worried. about that. I'm afraid of that. Well, that's why I don't want to do an emergency fund. That's what it's for. Yeah, and we're working on that. We're currently at one month.

What are we working on? Germany or? No, the emergency fund. We've got one month of all of our bills and savings. And every month, I just throw that into the bills account and then we build that up again.

And we build more than a month's worth at a time. Do you own your student loans right now? No, they deferment? No, they're on deferred. Yeah. Okay, they're on deferment. or you're in like save, which is being challenging court? They're on deferment right now through the save thing, but it, um, the,

oh, we don't know what's going to happen to that. Yeah, he's got a message saying that things are going to have to start being paid in a couple months here. Maybe there was a court decision that I'm not aware of. Yeah. But we're, we're still waiting on that. Yeah, it looks like it's, but even with, uh, having to pay it, it's such a small amount each month. that were like, is it even worth it to pay it? Because if we're in, if we're in Germany, the foreign income...

But you want to come back. Yeah, we want to come back. You're going to come back in under 10 years? Yes. Well, even still, I don't think the federal government's going to forget. No, no, they're not going to forget. It's not a Sally Mae loan, thankfully. It's just the federal...

But the federal income tax credit means he's not going to have to... Like, his monthly payment on it is going to be zero while we're over there. And then when we come back, we'll just, like, so we're going to be living and working in Germany. While I'm going to school, he's going to be working when I finish. I'm going to be working and he's going to get as much of his degree out of the way as possible. And in that time... Can we get a better degree, though, please? Yeah, yeah.

I want him to get the auditing degree. Do you want to get the auditing degree? I really like the auditing. I'm a little worried about me in numbers. but like we spend a bit more than a thousand a month. We talk about on the show

are actually really not that complicated and it's like you learn this in like a month if you want it to. Yeah he prior prior to this he spent like a couple weeks just playing with Excel going through an online course on that. Excel's a great tool.

I mean we're going to put you through all four of our courses so go through those take the quizzes together highly recommend it. They're bundled together for 30% off for you guys if you get them all. But again, more than anything, I recommend going through, just downloading the separate budget app

since you guys are connected on all that stuff. Input everything, build out your categories, use the automatic connections, use the community chat in there, hold yourself accountable. It's like the best thing you can get. Yeah, with 12,000 euros saved up by the time we're done with Germany

and we come back, we should still have most of that 12,000 euros because we're going to be working most of the time that we're in Germany. So then we'll just come back and throw that the euros back into dollars and throw them at his student loans and we'll just be done. Yeah.

So for the student loans, I'm not super worried. I don't really think we should pay them. So that just leaves the rest of our debt to work through, which we're throwing like 40% of our income at right now, the rest of it going to bills and then a little bit to savings. Extra the gardener. And the ganador is Paradey, extra furte

to alleviate. To alleviate the heart more rapidly and supera clarity and flownase at 1 at 24 hours.

Paradey. Adelante. Yeah. Well, for worse, you probably have a better chance in Germany finding that unemployment.

Their unemployment right, it's like 6% or something where the average in New York is something like 13% for people under 30.

No, no, their economies. They're not good. That is like an actual effectual thing. So, but you should I think you'll be fine in Germany. I'm glad you guys said Germany because out of many of the European countries,

that is like where they're at least like doing things. We looked at, do they have tech innovation or are they competing against China or the United States? They've got special visas for IT professionals. And that's like if the education route is just taking too long. Because, you know, you've got lead times in visa processing applications and stuff like that. Then we're just going to go with the IT work visa. And I'm dead set for that.

Well, that makes me a little nervous because the United States innovates. Our tech industry right now. China replicates in Europe regulates. Miserable. It's really difficult. It's really difficult right now. But you know that's closer to a normal job market, though, right? Like, we've had like the best job market for tech in the history of ever over these last four years.

We're closer to just normal. And it's difficult. It is difficult. But it becomes more competitive in a normal market. That's what happens. The percentage of our unemployed workers is hard to believe that. is disproportionately unemployed tech workers. In Portland?

All we hear about is people in the U.S. Like, I guess, Silicon Valley not being able to... Tech is hard. We all know tech is hard right now. That is absolutely true. But you have to remember,

it's also coming from a place where three, four years ago, literally anyone could walk in and get like a six-figure job of tech. It's a different world. It's having probably an overcorrection. It'll probably balance out. With the German IT work visa, part of their application process is pairing you with industries over there to sponsor you for the tech positions that they have available.

So you have to do that too? No, that's if the university. Yeah, that's if I need a work visa. And when I looked at, they have a lot of resources online for finding jobs in Germany. They even have websites that you can look at for specifically finding jobs where they're, like looking for people who are in tech. I get it. In tech, the United States unemployment in tech is 3.3%.

It's 6.2 in Germany. So it is double unemployment in Germany for tech. Remember, they don't have an overly competitive tech market in Europe, across Europe. They do, of course, have a tech market. But compared to the United States or Southeast Asia, they really don't. That's not a big sector they've really cared about. They more care about making sure the lids on your water bottles don't disconnect. I guess that's more critical than people having jobs.

But yeah, I get it. And I hope you get the job. The unemployment rate is double in the tech sector there from what I could quickly. Sure, the unemployment rate could be crazy. But for the visa program, this is direct like, hey, we want you. You're a qualified individual. For what kind of job?

What kind of pay range are we talking? Germany, their pay range is roughly half of what we make here. but their cost of living is like... I know, but if you're planning to come back, that makes it difficult. It does. Yes. Okay, what is this $600 owed to Elliot's mom?

Not my mom. That's my ex-fiance's mom. Oh, my... How was your relationship with your ex-fiance? With my ex-fiancee? Not good. Why? Just...

Did you guys cheat? No. No. Okay. And I mean, I was not into dudes at the time of their breakup. Yeah. it was like we had moved in and we spent a month living together and that was a nightmare for both of us and then that kind of fell apart and she's like let's still be friends and I was like I don't think

that's going to work out and it definitely didn't we have not messaged each other since other than like little passive aggressive comments but the the debt is because for part of that you were living I lived with my ex-fiancee's mom's house because me and my little brother, we're living at my ex-fiancee's mom's house because our parents sold the house underneath us and we had to find a place to live. Yeah, his parents... How have you been ours, trans? Since I was like 15. Okay, so when you guys met, you identified as... Yeah. Oh, yeah. Yeah. I did not meet him as anything other than Elliot. Okay. Is that all the debt? It's just those four debts? Wow, all that for four debts. You guys are

in a much better position than like 90% of people on the show. And guess what? The majority of them make progress. But of course, you guys can't because the systems against the stop. We're, um, when, uh, when, uh, when Elliot moved in this checking. Yes. What? When Elliot, uh, moved in, we were, uh, we, we have two cars.

So we're going to get rid of one of those to take care of the, a good chunk of the debt. Yeah, we don't need three cars. Well, we don't on the cars. Uh, no, we don't on the cars. I own my car outright. So this is a checking account and it's all just going and getting some bullshit. Goodwill, it's a little hard to tell.

You never really know. You can get knick-knacks. You can close. You can whatever. PayPal and out. PayPal and out. Craigslist. Pay-paling out.

Getting some bull-up. PayPal out. What is all this PayPal out? Paying roommates for stuff. Yeah, it's probably for groceries. But I thought they all gave to you, you said. Well, sometimes they shop too. Yeah, sometimes they shop.

And other PayPal Incent, 298. The Vennmewan out $2, then we're now $10. Cotton Bureau. I don't know what that is. I don't remember. And let's see. Oh, that's the fun money account. A fun money account?

Yeah, I budget out for us. So that's my fun money account. Oh, it's real fun because you're overdrafting. You're overdraft. I'm pulling from savings. Yeah, and immediately pulled from it because you didn't have enough. Good job. You're taking it from savings for fun.

fun spending. One an upstanding individual. We're really going to survive. Guys, it's the system. It's not our responsibility. Winning got some bullshit at Craigslist. PayPal out. Overdraft. Amazon. PayPal out. PayPal out. PayPal out. My. That's one fun spending, keeping you away from getting

into Germany quicker. The crazy thing is, I'm not going to sleep over. I've sounded so anti-fitting year. I love Germany. Germany's a great place. I enjoyed visiting Germany. And I hope too again at some point. I love Germany.

Great place. Yeah, so what's the tax percentage down there? You'll see the at a glance. Probably withholding, but remember you've got to return. That's fair. That's fair. Plus, there's also Social Security, which you will get back. Maybe.

Yeah, I hope there's anything left for us. Unfortunately, our job doesn't do any as contractors. There's no 401K matching. Sure. That's fine. Yeah. Yeah, it's basically exactly what we just said. But of course, you get some back.

Yeah, we do get some back. Okay. A bill accounts? Yeah, so that's every month I take... Relay for Red, Living Writer, Netflix, Amazon, Amazon, Spotify. What are we doing here? Those are our subscriptions. Yeah.

Spotify is an absolute must. regular savings. This is stuff going back and forth, back and forth. Yeah, that's a lot of back and forth. There's your overdraft. I mean, savings, I mean, it went down from, is that down? No, that went up. Wait, did it?

Yeah, I went up. What's in your say? So 5,000 in savings? Mm-hmm. Yeah. So bad. Our monthly bills are somewhere. I'd rather get you to a risk-free position by getting yourself out of done instead of using it to

flee, but, well, it's a weird situation. And you need about 12, well, 12. is what they recommend having saved. Yeah. What do you need to actually move there? 12,000 plus the like plane tickets, which are not cheap. And the cost of our lawyer. Yeah, the cost of our lawyer, which we already paid for.

But we paid our immigration lawyer, and he's taking care of the application and all of that stuff. Making sure our documents are correct. This is $404 in this, USAA. ATEM withdrawal, PayPal transfers, blah, blah, blah, cafe, ATM withdraw. Any ATM withdrawal of around $40 is going to be his. Much more important than our goals. I use my fun money for it. I don't spend outside.

How do you guys have fun money? You're trying to give the Germany. You have bad debt and we can't afford to go to college. Where's fun money? It's like $50. It's $100. Oh. So 200 a month.

So that we can. enjoy our life. Like I said, you can work and play at the same time. I agree. When you're not in a position of immense risk, you're also delaying and saying you can't do the things you need or want to do because of your financial position, but you're blowing money on fun. So much money. Like, that is your personal choice. You can make that choice. That's fine. You can walk out and I will fully just be like okay with it. If you want to live that life, that is okay. But the conversation at this table is to usually go and meet the goals we're trying to get to and live a budget budgeted life.

Live a financially healthy life. You can live this life if you want. I don't give a, that's your choice. Live your choices. Everyone can make their own choices. I'm gone with it. I'm of the spirit that anyone can do whatever the fuck they want to do unless it's

smoking meth in a fucking subway. Like, do what you want to do. I don't care. I haven't gone that far. Do what you want to do. I don't care. That is you. sympathy, but do what you want to do.

However, people come to this table to get to that better financial life, to take this seriously. I don't know. To you, it's just like victim, victim, victim. And not understanding the systems that you're even against. It's like, what is this, $2,600? Oh, it was taken out. So it doesn't matter.

Oh, that's rent each month. So, um, 15 chairs of game stuff? Yeah, we deposit into that. What is this? Well, what do we? Okay. This is some stock account. We have 15 shares.

Yeah, we got 15 shares of GameStop. Oh, critical. That'll get us to Germany. Okay. I think we're up on that, actually. And then $1,200 in this retirement fund. Yeah, we're up quite a bit on that. That's nice.

I got that at a very low amount. Wonderful. There it is. Right on top. Oh, no, no. I'm building a budget. I don't understand the point because you have a budget. So if you have a budget, I don't turn to just...

Well, what am I doing? You need to squeeze more blood from this stone. But you're not going to. You want to whiff my little wife. It just can't be the fun money. Can't be that. I don't know. I don't know if I have a budget.

Can I have a budget? Thank you. Oh, yeah, that guy's right here. It's just stupid. Okay. 4,800 comes in on a monthly basis. Was this a pointless conversation? If anything, I've just made people think I'm either far right or far left based on whatever they heard and didn't like.

I mean, they're your words, Caleb. I know, but I just never gave any of, like, actual opinions. I've talked about Europe's economic system and our economic system. But it's just like that dangerous conversation because people hear that shit. And then they immediately think they know your entire ideology, which I guarantee you don't. Debt payments. That sounds like a them problem. No, it's a me problem because sometimes people get turned off when they think they know your politics.

I don't know. I'm okay with people knowing my politics because I feel... No, you have no impact on anything. You, like, you don't have a platform. No, nothing happens when people know your politics. What's your rent? $1,300. Utilities? Included in the rent.

Internet? We pay $22 a person for that, so $44. I also don't have an ideology. I really don't. It's bad to have an ideology. my opinion because then all of a sudden, every opinion you have to have has to stem from the ideology instead of trying to be open-minded about whatever reality is actually coming at you.

You can be open-minded with an ideology. Yeah, but it immediately comes back to stemming from that. People have a hard time getting outside of their ideology because it's such a core basis. Yeah. And so I try to be ideology less. Now, that being said,

I try to be more in the realm of like freedom. Like if I have to pick one, that's, I tend to at least- Personal freedoms. Well, in general, just people,

doing whatever the, you know, what they want. Like, I tend to glean that way if there's not hardcore facts on either side. I'm a pretty big, do what you want as long as it's not hurting anyone. Yeah. Okay, gas, Vroom, drive, drive. 50, like 25 bucks a month. We, uh, I do have hybrid. Okay, so our, but utilities are included?

Yeah. It's a good deal. Phone bill? Do you pay your? No, I don't pay a phone bill. Okay. My phone's paid off. But do you have coverage?

It's the Framley Pan. I don't pay. No. Yeah, we can't pay for anything. Okay. TB fund, anything else you need to survive? 200. Food, groceries, 600.

600. Use the cookbook we have. You get that in the premium version of budgeting. I'm sorry about that. I like cooking quite a bit. Good. Yeah. Well, going out as eat as much as you do.

I wouldn't have believed it. No, that's not school. Medical health costs on a monthly basis, medications. I'm all my parents. He's got. Yeah, sure, but like co-pays and shit. Oh, no, not a lot. I'll also set you guys up with three free therapy sessions with sound or mind.

I use them. Audience uses them. That's pretty good. Actually, I'll get you a course career certification of your choice if you want something that boost you in the text field. There's a lot of tech stuff there. That can help really up your income. Okay. Okay, so nothing there.

I don't know how we can't survive. Subscriptions. No. Do you have pets? No. Car insurance. We have a geck. We have a car insurances?

165 a month. I'll put it in like 20 bucks the month of the gecko. Yeah, it's more like 20 bucks every couple of months. I'll put in five bucks. So far. I mean, I see no reason why you can't cash flow community college to be completely honest. And I see no reason why. Because we're trying to get debt free and all of our disposable is going towards the debt free.

I'm also, we're trying to get $5,000 to go to $12,000. Sorry, it was debt-free, and now it is gift of $12K in the bank. And I'm not personally willing to go to college again unless I can do it for cheaper. Yeah, $300 a month is a lot better. Not $300. $300 a semester is a lot better. You're relying a lot on getting except to go through the whole fees of process, paying for all that. Relocating your entire life, settling down somewhere.

Still going to be cheaper than college in America. I get it. I get it. I get it. I get it. It comes with you making half the income as well. Okay. 1,000, it's going to make it harder to pay off debt as well, oftentimes with your half-income

situation. $1,4.24.26 a month is what you guys have left over. Boom. You guys have left over a month what you could essentially put towards almost a paid-for semester at community college. I mean, Capital USAA, pay off that in three months, Capital One Venture, pay that off in like six months after that. Student loans, I wouldn't pay off.

minimum payment so it's paid off. You can pay off the mom's situation in like no time, less than a month. I mean, this is stupid. I really don't get it. Move to Germany a year. I mean, I don't care. We got to get there by September, though.

We need the, uh, yeah, five grand. We need, uh, seven, seven grand more. It's roughly like eight because of, uh, you can afford it. You can get there. If you follow the budget, you can get there. You can also pay off some debt. Okay, there you go. You have it.

That's not my concern. If I answer, aren't the absolute obliterated worst. My concern is such a worldview. I don't care about anyone's politics. It's not that. It's how you view yourself in this. That's my main concern,

especially when you come back. You're going to find a way to be a victim there too. You refuse. No, no, no. You immediately thought student loans would kill you. You don't even know the whole system for that. You didn't even understand a traditional repayment plan for that, like what everyone gets put into automatically.

You immediately, like, the way you've presented yourself has been endless victimhood, and that's my big concern. Instead of you actually going out there, you haven't applied to one scholarship. One. So I have a hard time with this. Listen, if you applied to every scholarship in the world, you've worked your ass up, you've put yourself to your limit and tried every single option and you couldn't get there. That is where I'm like, let me pay for it even.

Like, I don't even care. But you haven't put in one single ounce of effort into that. Spending in a budget score you overspent zero out of ten. Debt? I mean, family debt's pretty rough, but it's going to be a two out of ten. It's not the worst debt. Emergency fund, well, yeah, but it's going to the Germany situation, but I'm going to give it a five out of ten there. Retirement, definitely behind, technically started one out of ten, maybe a two out of ten.

No, 24, one out of ten. Real estate zero out of ten for now. I think you guys can be in a lot better place and just kind of grew up. Two out of ten. That's your handle of financial score. Join us to the post show. There's a lot of other tea we haven't talked about because I just wanted to steamroll through this thing. To be completely honest.

And hang out. Hang out with us in the post show. Join Hammer Elite for thousands of hours of extra content. We upload something every single day for that membership. And make sure you download simpler budget. We want to make this the best budgeting app that has ever existed. So download it and try your free trial for the premium version. I'll see you in the post show.

Bye, bye, bye, bye. We like our fine things. Yes. You always have a stocked drawer and a liquor cabinet. Over 25 bottles of wine just stashed away. That is true. And you like to host nice parties. And then you said you just went to Costco and put $215 on liquor.

$50 on. This guy will talk about anything. Oh, my God. I'm just certified. Yeah. To watch the financial audit post show, click the join button below.