Financial Audit - Wannabe Trans Victim Steals Money From EVERY Friend | Financial Audit

Episode Date: December 11, 2024

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Terms apply. To watch episodes of Financial Audit a week earlier, check us out on YouTube. This is embarrassing. I think I stole $1,600 for the... Who! And their ex-friend. Oh, you're disgusting. I stole $400 for a transmission I bought like four years ago.

Who? I'm a former friend. $300 to someone else for another car park. Ex-friend again? Former. Why aren't you paying your fucking friends? Hi, my name's Casey. I am 26 years old.

I live in Austin, Texas, and this is financial audit. The life of a... Fucking twink, let me tell you. I just before you were like 13-year-old. Why would I have a 13-year-old on this show? All right. Yeah. 26 kill me now.

I'm just a couple years older, and I look like I'm dying. What do you do for a living in 26 in this good city of Austin? I am a robotic technician, so our babysitter robots. That sounds like money. It's not bad. What are you making? Pull in about $4,000 a month. What do you pull in?

Is that hit your account or is that what is before? Okay, not bad. So, I mean, across the year we're looking for. 48. How do you feel? So I'm guessing you're around 60, 65,000. So how you doing? My doing, buds. How are you doing here in this Austin, Texas with your $4,000 a month? I mean, I pay my bills. Do you? Yeah. It's an interesting assumption. Yeah. Go on, continue, because I feel like that's incorrect, but sure. I mean, I feel like they're on, I pay my bills. I and I can, you know, Can afford some things.

Yeah, but how you doing? How are you doing here in Austin? How are you living on this $4,000? I think pretty good. I mean, I do have two payday loans. Usually not the definition of good. I mean, but again, I think the most. But I can pay them.

But it's not just about paying them. Wait, you know that, right? It's not just about paying them. It's the fact that, okay, usually I don't have finances this quick. I mean, we'll get a, have a, get the Nogia section here in a bit, but I just need to call it off for the sake of the audience. The cost of the interest on your iPhone is too, $200 more than the price of the iPhone.

The amount of money that you're spending on interest alone, interest alone, interest alone. I don't like to go this hard out of the gate, but come on, that was stupid. And I need to really make sure you know that's stupid. If you don't, we're starting from a pretty scary place, and we have a long way to go at that point. I didn't have the money at the time for it, and I needed a phone. Did you need an iPhone? Well... Blue bubbles, they're nice.

Are they worth $800? of interest. Oh, sorry, $927 of interest. Whoever when I work with has an iPhone. That's great. I don't give a fuck. So go on, come on. Why couldn't you get a cheaper phone? I mean, I have only had iPhones my entire life, so I didn't want to switch. You needed a phone, though. Yeah. So I'm guessing you lost the phone. I broke a phone. Dropped into bathtub, yeah.

Okay, and you couldn't go temporarily on a cheap phone? Now, why did you not have money? You said you're doing while you said you're paying your bills, doing well, would suggest you'd have a fully funded emergency fund was your fully footed emergency fund that would have paid for an iPhone that would have paid for 10 iPhones that would have paid for maybe 12 iPhones. So, what are you really doing well? I don't really know about that. Ah, I want to get to know you more before I jump in all this. I'm sorry.

I'm sorry. But that's crazy. That's a crazy thing to hit me with out of the gate. I think you're doing well and a payday loan is okay because I can pay them. Working robotics, $4,000 coming in. What's going on here? What do we have in your love? lovely life? Well, I spend half my time working and half my time off because I work weeks

at a time. So, really? Yeah. What are you doing on the weeks off? I don't know, ride my bike. How many hours a day are you working on your weeks on? Uh, 12, 12 and a half. Okay. Yeah, those are extensive days. Okay. Dang, no gig work we could pick up on those, those off times, right? Because if you can't afford a new phone when a phone break, Like you're on a pretty dire straight because I have like the average American has like a thousand hours in savings and that's horrible, but you can get an iPhone with a thousand hours of savings. I didn't have a car until like recently. Okay. There's public transportation in Austin.

It's the best in the world, not even close, but you can get around. It's inconvenient. I mean, well, I had a motorcycle to a couple motorcycles, but I can't do DoorDash on those or anything. Oh, for gig work. Gigward. I mean, you look like a little nerd. I thought we would be having maybe some online gig work. No, no man going on.

I guess I didn't really think about that. I was like, I thought I was like, okay, well, I make good money from my job, so I don't need to do anything else. You are taking out paid day loans. Are we not on the same page there? That is, do you not understand $759 phone, but the interest on it was $927. You pay a total of $1,600.

$182 on a $754 phone. Are we not comprehending? If you're not making enough to be able to do that, why are you $4,000? I know you can live off of that in Austin. Let's be honest. I know for a fact you could live off of that, and you could get a phone if you needed to.

So where's your money going? Where do you think? Where do you think you are failing? Did you spend all your money on a 2009 haircut? Like, what's happening? I have a lot of bills. What? Like what bills?

Yeah, I mean, rent's a bill, but. Well, both of my motorcycles have financed. Why do we need both when we have a car now? Why do we need two motorcycles? Well, the first one I bought, didn't have a car. And I was like... Okay, there you go. I was like, okay, transportation, cheap, you know...

Wait, you have a car now? I do. So you can do those, like, door running things if you need to. Yeah, yeah, I could. Okay, but why do you need two motorcycles? Now, you might be open to huge financial risk. You don't even know about it. This year alone, we've seen some insane data breaches.

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online. I'm not leaving myself and my family vulnerable to data breaches. And if you don't want to either, you can go to aura.com slash hammer to try two weeks for free. That'll be enough time for or to find out if any of your personal data is exposed. Thanks to aura for sponsoring today's video. Now let's jump back into the audit. Well, the second one I still didn't have a car. Yes. But why didn't you get rid of the first one and you got the second one? You're in both motorcycles at the same time? Uh, well, come on. Um, why? The pretty? One different purposes.

Come on. You're a gear guy. You're a gear head. Very much. Yes. Motorcycles? Both. Great.

What about fucking, uh, do you have anything? I mean, if I've looked at retirement, I mean, let's, I never get to retirement first. Well, it was a little, okay. $5,000 in Fidelity. It's not horrible. But you are behind for your age? Listen, you make about 65,000 hours a year is what I'm guessing. You should have $65,000 in your retirement.

by 30. You have four years to get there. How are you going to get there being at $5,000? Not by having two motorcycles and interest paying on those motorcycles and taking out payday loans for iPhones, also taking out a car loan without getting rid of the motorcycle before or without getting rid of the motorcycle before that. I guess I could just work more. Sure.

You have some time off. But that's not it. What about your behavior that got you there in the first place? Do you need the motorcycles? You made the choices to do that. That's the issue that I am trying to pull here. Sorry. I feel like this has been out of the gate a little, you know, more intense.

I like to, I know that the conversations get intense, but I like to rev up to it, but you really hit me with that. Payday loan's okay because I can pay on it. And I need you to know that that is not how it works. Yeah, yeah, yeah, you're right. Where's your money going? You say bills. So what?

Because you have three vehicles? What else? Where do you think your money's going? Probably food. What kind? What do you mean food? What food? Oh, well, since I...

Oh, good. $726 and going out to eat? Gosh, and your metabolism is incredibly, you dick. Yeah, well, since I work so many hours on my on weeks, I just order food all the time because it's easier. On your on weeks. On my on weeks. But even just dinner ordering food wouldn't add up to that.

But we're also getting almost $500 in groceries. I can get you on a $300 grocery plan with meal prepping. So you're spending more on groceries than you need, needy, needy to. A good portion of the, grocery bill isn't groceries. What? What is it? What is it possibly? Cigarettes and alcohol. At the grocery store?

Yeah, it should be. So it's not liquor then? Yeah. Wine and beer? Yeah. How much of that almost $500 is going to cigarettes and alcohol? You're going to kill. Why do this to yourself so young? I don't get it. It's okay to have a drink. I mean, the cigarettes, this is objectively horrible for you.

I don't think anyone suggests that by any means. Like, it's a good. diet, good to help your diet, other than that. I mean, it keeps my metabolism up, I guess. Well, it's probably because you're not eating, but you don't smell. I'll be honest. And most people that smoke on the show, I can tell immediately. I'm going to be quite intimate.

Be 100% honest. I like honesty, please. I haven't smoked in six days. Okay. So, why? I'm trying to quit. Trying to quit. How long were you smoking?

About a decade. For fuck sake, you started smoking at 16? Yeah. Cigarettes. Not even vaping. It was like a cool guy. First of all, payroll was less than $4,000. Barely, but you were close.

Okay. Okay. Well, it does vary sometimes. How much do you spend? Because 3,800 for the gate came in. How much do you spend? I feel like I was probably right at that. I mean, probably a little like...

You're nervous. You seem nervous. A little bit. I'm a little nervous. That's okay. People forget it that it's this random-ass people. Yes. Usually, did you watch the show?

Yes. So usually it's from the audience, but people forget that. Thank you for coming on the show. If you want to come on the show and you want to come on the show and you want to be nervous, go to Calebhammer.com slash casting, I think. No, slash applies. That's apply. We'll have you on the show. And we'll help you not be anxious. And then I'll yell at you and you'll be anxious again.

Yeah. Well, how much you think you spent? What, like 38 maybe? Okay, you spent $3,945. So you spent $100 more than you brought in, which, honestly, the crazy thing is, compared to a lot of people on the show is actually technically not even close to the worst. But it is still bad. Especially when we're behind

What? I'm Co-blah, I think. But behind on retirement, we don't have savings to our name and we're taking out payday loans. Payday loans

but spending $100 more than we make on mother. When did you get this phone? Almost a year ago? What is it? 514. Taking out of a payday loan or what you didn't even get the

newest? You even get the little action button? No, no, no. No fancy camera. I'm taking out of payday loan. when I'm getting a fucking action button. Okay. I should have brought that up.

Self-assessed. Where do you think you are today? Zero to 10. Zero being the absolute worst finances that your twink brain can think of. 10 being the absolute best. I actually took the test. The score, the score that you can get for free, link in the description below. Yes.

I got a big fat zero. Okay, I'm not surprised. Mini Cuff. Let's start adding these up because honestly, this is a decently dense stack of paperwork. Seem nervous. You kind of got like some like energy. Like, relax, you're good.

You can pull the mic to you. I don't want you to be big in out. This is just life or death for your entire financial future. But where is it at today then? Because it's going to be a year ago. It's a rental period of 12 months. But payments are 27. Looks like so kind of doubling up.

I'm confused. Like where's the status of this today? I think I have a month or two left of it? You have a month or two left of this long. What is your monthly payment and how much is left on it? Month or two, but they're buying weekly payments. It takes 68 out of 67, 68 of each check. Each check it hits it before the check?

It takes it on the check. Yeah. Before the check hits it. No, no, the day after the check hits. But it hits your account. It does not, is that take it from your check? Oh, yeah, in my account. It's not attached to your fucking payroll.

No, no, no, no. Okay, 67 what? 67 every two weeks, basically. 67 every two weeks and we have a you're confident in the couple months I think payoff is December 6th do you know what a couple months is $134

balance unknown can I have any information I can pull it up but yeah no I have you do that later yeah okay I don't think there's much left on it it better not be

the 10 The lease to own costs. This is crazy. Again, $754 to purchase, but it cost you $1,820. Why would you accept that in your life? Do you even know the implications of the interest that is on here? Do you even know how much you spent? You could have got two new, brand new iPhones throughout this situation.

Yeah. Do you understand that? I'm starting to. You're starting to, guy. You had the numbers in front of you. I just looked at the payment. I was like, I can afford the payment. I need a phone.

That is so classic American. Yeah. See the payment and you think you can afford it. The fact is you spend more than $100 more than you bring in on a monthly basis anyway. So can you even really? You keep stacking. This is what Americans do. They stack, they stack, they stack, they stack, they think they can afford it forever.

But you can't. I thought it could at the time, I guess. Now seeing that. You've made it. Have you missed a payment? No. Have you been laid on a payment? No.

On one of these, at least. Not in one of those. No. It's horrendous. Zero out of ten. Are we surprised? No. Because I know going through here, as I have already done, there is another one somewhere in here. Oh, it's the next one.

Oh, look at. How generous. It is an 18% loan. Listen. Okay. The purchase... Okay. What is your toll payment?

Hold on. What the fuck is this? That might be one of my bike. This is a bike? An 18% bike? Both of a fucking motorcycle? Yeah. They're both 18%?

What are? Why? What is it? Do you have a picture? Is it here? I have pictures. You didn't even drive it here in the same damn town on a nice day, 71 degrees sunny? It was colder.

Kay. What is it? Yamaha R7. Kay, I asked that like I knew what that would meant. I didn't know. It was only a fucking year ago. Not even a full year. Good.

Wait, that one might... This is a Kawasaki. No, that's a Kawasaki. A Ninja 400. Yeah. You can't, I don't know what that. Whatever. Smaller is a sport bike.

It's $5,491. Is that how much of cost? Yeah, that was a sticker price on it. That was the sticker price, but it's going to cause you $12,448? I didn't even look at that. You're okay with this. How do you not? It's literally, you pulled the statement for us.

You gave it to us. How do you not know how to look at a number on a piece of paper? I failed to. to ever understand this. I guess I thought I would make the payments, like extra payments. Yeah. First few months, yes.

Oh, you got a little excited that you can do it. And that's what worries me from this conversation. Okay, you get a little fire under your butt. That's great. Wonderful. Glad you did. And then you f*** it off. And then you don't.

That's not funny. It's not cute. I didn't know how APR worked until yesterday. What did you think it was? I thought it just was like, okay, I pay it off and I'll pay 18% more total, not yearly. You don't know what the A and APR meant? I didn't know what it stood for. I thought it was just like some acronym for interest.

So I was like, okay, it's like 54. Oh, yeah, 18%. I'll pay like a grand more or what, is something like that? How long is this term? 60 months. That is a third vehicle. years. Is this the first one you got? The second one? That was the first one.

So why, listen, can you get, what is the value of it today? What's it worth today? If you sold it right now, what is it worth? Higher mileage, probably three, three, four grand. But what is the current, the current? Oh, that's the sales price. Oh, good.

What is the balance now? Balance now is 5640, I think. With a minimum monthly payment. 167, rounded up. 165.81. So that was the one I bought. But, like, I didn't have a car. I was, like, homeless living with a friend.

Why would a homeless person be getting a motorcycle? You can't sleep in a motorcycle. Right, but it was, I was like, okay, well, it's going to be cheaper on gas and, like, cheaper payment than a car. Yeah, but you didn't have a fucking home. Roof comes over our head before a rocket pocket. Pocket rocket. Well, I had a place to stay. I was staying with someone.

You just said you were homeless. I was for a little bit, and then I was staying with someone. What is seen with someone? Were you a roommate or were you couch scratching? Couch crashing. Okay, so you didn't have a place to live. You had a roof over your head for safety temporarily, but that's unsustainable for a long time.

Tell me about it. When was this? Last June. June 2020. June? 2023. Why were you in this situation of homelessness? My dad came back in my life that December crashing on my couch.

He crashed on your couch. Oh, yeah. Why is dad crashing on your couch? Oh, because he has a cycle of. like dipping on tenants or like dipping on his uh he'll not he'll rent something out not pay it and then leave in the middle of the night do i not have an eviction charge in here uh-huh yeah of yours i was conscious decision yeah this seems genetic go on i moved in with me from california me and my roommates and then he managed to get a job within like a few weeks making

over six-weekish good for him okay yeah and then was like hey you've been homeless somehow but We should all rent a house together. That's three grand a month. Why is that, is that not weird? Yeah. Well, there's American culture. There's more. There's more to that story that makes him more weird because he was sleeping with one of my roommates.

No. Yeah. Okay, your parents are not together. I take it. Oh, no, long, long sentence. I mean, I think we all could have picked that up. Yeah. Guys, just a reminder that our Black Friday, Cyber Monday sale ends at the end of the day.

upcoming Friday. So just a couple days from now, the sale will end where you get 33% off our entire class bundle or 20% off everything else. And this even includes merch. And reminder, as an addition, we've added four new sections to our Master Your Money budgeting class. So guys, make sure you take advantage of this. This is the best price we've ever had for our bundle. Check it out. Link in the description below or go to Calebhammer.com. What do you mean? How'd you even find out? How long Where they're sleeping together? I think it only was a few weeks, but after that it was very, very hostile between them for reasons I don't fully know. Broke up?

I guess so. How old? I think you run into a relationship. How old's your dad? How old was your roommate? 45, 22, respectively. How did he even start? Do you know?

So my roommates were brother and sister and I. Which one did he have sex with? The brother or sister? The sister. Okay. And I learned about it later. I bet the brother wasn't very happy. No.

No, he was not. And he tried to get you all again on. house and a lease together? I found out this information later. You were already in the lease altogether? Oh, yeah. You guys accept them to get a lease with him? Yes.

Isn't it not weird to get a lease with your friends as well? At the time, I was like, okay, we're going to get this nice house. And Kyle is brand new. It's huge. And he was like, I'll pay $2,000 of the rent. And you could split the other thousand between the three of y'all because we don't make any money. We were working in pizza places. I honestly don't give a fucking sentient adults do as long as they're in good

in good health. But it is weird and inappropriate from a dad to have sex with a friend of their child. That part is bad. Yeah, yeah, that was... And a relative of their roommate as well, the rec sibling. Or is the eviction or whatever the fuck I have in here? That's thousands of dollars. Is that that that place?

No. Then, well, we'll save that for when that happens. Okay, so what does this have to do with what? I forgot how we got on this. We moved it to him. We lost a job, all that stuff. Um, we're trying to make up the 3,000 rent. Eventually, you know, a few months later, evicted.

Um, and I didn't have a car because I liked buying. Did you guys kick him out or was he evicted with y'all? Evicted with us. You guys were all living together even though you knew the diddle-dittle? No, we, I didn't know this until almost like months later, like months, months later. Like by the time we got evicted, I found this out way later. And at the time, I didn't have a car. I didn't have any money at all.

Oh, this was the homeless. I was bought. That's how we got there. Yes, yes. I borrowed, I was borrowing a Jeep, like a little two-door Jeep from a family friend. Oh, sure. And I was living in that for a few weeks, almost a month. Until that family friend that was borrowing it to me, or loaning it to me found out.

And they were like, no, you're staying with me. What are you getting into robotics? How do you, how are you making good money now? This is only a year and a half later. What did you do? Yeah, I was experienced mechanic before. Really? Yeah, I've worked on semi-trust robot.

Money in that moment then. That seems more like a personal choice. Oh, it was. That was a booming job market. It was. I couldn't pass a drug test and I didn't want to. What the fuck were you doing? Because I already know you drink and smoke.

Congratulations on not smoking for six days. It's actually very good. Good job. It shows discipline. I like that. Show change. I like that. It gives me more hope than usual.

Good, good, good, good, good. I like. What are you doing? Mostly. Some other stuff. What? Uh, Zambh. What do you do with your?

What are you doing? What are those nationals? are huge. You could let so much in. You convert the energy from the powder to making money. So they do on Wall Street. I did do that for a while. I was doing that when I was working on semi-trucks and stuff because I was

working for small companies. Well, obviously I don't actually support that. Well, yeah. Yeah, I don't do that stuff anymore. Good, good. I got the kind of slap in the face with the homelessness thing. And so I got what I referred to as legally sober, which meant just drinking

and smoking. and I was, with my experience, able to just get a decent paying job fairly easily. Well, I'm always happy to offer you a certification in something through course careers. I don't think you need it right now. Maybe if your dad ever becomes not a piece of shit and he needs something, I can gift it for free to someone you know. Okay, okay. Course Cruise is great to add to the resume, try to make more money.

But I think you're good in this current situation. But in the future, just let me know. I think it would help a lot. But yeah, I would like to get out. I'd love to get out. Yeah, I'd love to get out. I'd want to get out of the technician side of it and more into the IT side of it. There is an IT one with them. Yeah.

IT certification. Yeah. And then with the experience you have, that could actually be pretty non good. AT&T. Wait, is this? Oh, that's, yeah. This has to be collections. It is the collections.

Yes. For A.T and for T? I was financing a phone to them and the phone kept breaking. And I, every time I- A good thing we did. learned from that. Yeah, every time I broke, they wanted me to charge me $300 for a new one. Did you get the insurance on it? I did, and they still charged me money. It was weird. What was the insurance like? I think it was like the low plan. It was probably a low plan, yeah,

like bare minimum. So, so yeah, I ended up. It started a week ago. Did you do it? I paid the first payment. Okay, so you're on a payment plan. Yes. So AT&T collections, we owe one, probably about 100 now. I'm going to say 1,100 minimum monthly payment of 265.03. Why did you decide to get on a payment plan? So it didn't hit my credit with the collections. Oh, is it internal? It's internal. Yes. Yeah. So if I started paying it now, they were contact me. Thank you. You should. This is actually relatively responsible. Thank goodness. Good job. A lot of people just let it go to collections. Why wouldn't you just let it go to collections? I have my moments. Well, I just want to assess kind of, you know, where you're at mentally. Because I have some collections and it used to be able to have collections.

I have a couple still. Some have paid off, some have dropped off. So why not let those go to collections? I'm trying to keep it from getting worse and pay those collections. Good. My credit is finally not totally in the crap. What? What number?

623. It used to be 4 or 4 or 2 years ago. 621. 621. I've been corrected. I bet. Can I credit karma money? What the fuck is a credit karma money?

Yeah, so what it does is it's like a line of credit savings thing And so what it does is every Credit savings? Well, I can't touch it. Every check it puts $40 in there And then once it hits $500 It deposits back in my account.

Yeah, but the annual percentage yield earned Is it 0.00%? It just earns credit or like It gives me good payment. Yeah. Oh, it's like a credit builder? I'd rather use like the FISCard so you can actually spend money, but it's no more than in your checking account.

It starts building those habits so you can become a credit card person again. Yeah. That's what I would rather you be. Yeah, because this one I got because it was automatic. It was like I could not touch it. I mean, I have read. So $80 contributions, $80 withdraws. So that you said you couldn't withdraw?

Did I misunderstand this? One of those accounts is the spend account. So I have a card, like a deposit. The balance of $2 on a spend account? Isn't that nervously? nervous? Because I don't touch that account. It deposits the $40 for each thing from my check direct deposit every time I get paid. And then the day after that, it deposits that $40 into the credit builder thing. I don't touch that account. You have so much debt for a 26-year-old.

Well, I mean, it could be worse. It could always be worse. Of course. What does not justify. That does not justify having it. It's not about it being worse. Or the ability to be worse. It's better than I, it used to be. What did it used to be then, possibly? Because again, I've seen another 18% loan here. You're taking out, we're about to be on the fourth loan of you. Barely through your 20s.

What? The good thing is, is I no longer can have credit cards, so. So it's not even you change your behavior. It's literally the fact that you do not have access to the ability to borrow unlimited money cards. It helps out. Yes, it's a forced mechanism. But what about your fucking behavior? your immaturity.

How about that? It could be worse. It could be worse, but only by the limitations of the system is why it's not worse. So why would we be proud about it could be worse? Because it couldn't be worse from your own actions. It couldn't. You're not allowed to be. Because you can't qualify it for anything.

Probably your debt to income ratio is probably considered shit. When? How long have you had this job currently? But here. Okay. So I don't know if they fully calculated into your debt to income ratio. Have you filed taxes? I don't even know.

No. I haven't filed taxes since 2020. Did you even know this? Uh-huh. Oh, they did know. They just didn't let me know. Why the possible f***? Why?

Why? Why? Why? Just why? It's just, I feel like you're collecting the, the, just like stupid infinity stones of dumb. Up in, so 2020, you know,

filed and I got a return. In 2021, I was going to have to pay money. and I didn't have the money. And so I... How much? Like, 300 bucks. Go on!

You know, the next year comes around, and it was a little more... How much? 4,500. Oh, for fuck's sake. You're ruining your life on $750 so far. What the fuck are you talking about? Go on! This year, I actually would have...

You've made money this year. I would have gotten a return. What I mean this year? Not this year. Not this year. Not this year. Oh, good death. Okay, yep.

2023. I would have gotten a return, a small one. Uh-huh. But they ask for a pin from your last year's taxes so you can file this year's now. And I didn't have that pin so I can file it. So I have to do like buy mail and figure that out. With penalties and everything, you probably only owe $1,000. Why not just get this taken care of before they come after your fucking wages and garnish you?

It's you with penalties and interest. Do this to yourself. Why put yourself in such a risky position? at such a young age for no reason. I really don't understand. I think I'd just been pushing it out of my mind because it's, I just stressed me out. So I was like, okay, let's just not think about this. Every time people say that, though, this is like, I guess we just live our lives in a different way, my dude.

This is like putting off, putting off, putting off, because I don't have to think about it. But it just becomes worse. And then you are forced to think about it. And then it's worse than it ever was if you just thought about it before. Why do that delay? Why not rip the band-aid off instead of letting it become infected? I'm so confused why you would do this. Yeah, I think it's just like, okay, well, I don't have to deal with that. Future Casey can deal with that.

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What about this next year's taxes? You're probably going to owe. Well, I don't know. I mean, it sounds like you don't really have your deductions all correct. I put a voluntary deduction in there. What? $40. Every check.

Extra? Or $40 bucks extra? It's W2, so there's... You can set up how much is essentially being set aside. What does yours look like? What have you done? That's the only thing I've done is the voluntary. Hold on, but you didn't set yourself up in any.

Are you, hold on. Well, a ton of taxes come out of my check. I am. More than 40. Oh, yeah, way more than 40. Hold on, hold on, hold on, hold on. Yeah, but possibly, possibly like Social Security and stuff like that. Social Security's taken out.

Yeah, yeah, yeah, yeah. What about income tax? Income tax is year to date. When I looked at my last check, I paid like six or seven grand. Okay. Yeah. Oh. No, my taxes are high.

Oh. Yeah. Okay. You might not owe, but pay this $1,000, dude, that you're probably going to owe. Just whine out at this point. Can you give me a why not at this point? It seems like a, it's just been an overwhelming process. It's $1,000, which is not insignificant.

But for you, you could do it. That's almost how much you spent going out to eat in a month. Right. Yeah. Yeah. I... Yes. Yeah.

I just have to figure out how to go about doing that, I guess. Talk to a CPA. Anyone. Credit karma. I don't care. Okay. Yeah. I've only used turbotax.

All right. Yeah, they didn't do that. Well, the turbo tax won't... Message. Them. Call them. Yeah, because I looked at up. What is this?

What is this installment loan? $1,177 is the balance at an 18% interest rate flat. That's a personal loan I was using to try and get... caught up on my rent of my previous apartment. Your rent of your previous apartment. When was this? When did you take this out? $140.40 minimumity payment.

July? Of last year or this year? This year. What? Wait, to try to catch up in your last apartment? Yeah. When did you get into your current apartment? I'm in a house.

What's your current right? My current rent? Uh-huh. 540. Is one of your parents a roommate? No. No. Okay.

No parents are in the state. As far as you know. Okay. Well. Um. Why? catch up with your last apartment. What do you mean?

Were they hounding you for what? For why? Running late in payments. Why? Which was it? It was base rate was 1350. Can you remind me how long you've been in your current job? Over a year.

You could have paid it. What are you talking about? Yeah. It was sold a cycle. Um, yeah, the thought, it was like, okay, well, I'm getting behind on this. I'm having to pay like now, 1600 plus a month because the late fees. I was like, okay, well, if I get a loan. the extra $100 is less than an extra $300.

You're trying to finesse, man. You can't finesse. You don't know how to finesse. You're not a finesseer. I definitely tried. Yes. All I care about is you not doing it again. Because you continue down this path and you are going to be,

you're again, again, you are behind on retirement. Now sometimes there takes a bit of catch up in the 20s because you can start late depending on what school looks like. That's okay, but as long as we're hitting one times our annual income in retirement, it's kind of that minimum goal we'll shoot for, and it starts the compound from there, so you're setting yourself up for success, you know? You could do that in variety ways, and your 401k, you're going to fucking just a brokerage like moo-moo that I use. You could do it anywhere.

Do you have a rot diarrhea as well? Good. There's not like anything in it. It should be like 20 bucks a month. All I'm saying is you continue down this path, you're never going to be able to retire. I didn't retirement seems so far off, but it's really important to start compounding now, Because this is the time where you set yourself up. Not in your 40s, not in your 50s.

It's now. It's your late 20s and your 30s. But you're fucking around with 18% loans. And you are not getting that kind of return on an annual basis averaged. Okay. Oh, good death is one of these again? Oh, is this that has to be the other bike? Yeah, I think so.

Bike two. Bike two. Yamaha. Yeah, that's the R7. That one I bought brand new. Proud of you. How much? is owed on it currently?

7,399? Oat on it currently? Uh-huh. 9,400. The fuck. The purchase price? It's at 12. It's an 18%.

What was the purchase price? Well. Oh, the purchase price was 7,900. 7,39. But you're saying it's at 90? What? $95, I think. Oh, for fuck.

I did a really low down payment, but I also... What did you put down? Uh... 60 month. Oh, this is the second bike. that's right. So when did you get this? I got it around the time. Okay. This also...

It's also a story. Oh, let's hear it. Was my ex at the time. And the relationship was not going well. Whose dad was the ex? Revenge story. I don't know. Not that. And this isn't Alabama, so it wasn't mine.

Your sister? No, no, no, no. Actually... Throw Alabama in there. I don't know. Go ahead. Go on. Go, go, go. Non-related. Go, go, go, go. Living with her at the time, I actually didn't want to get that apartment.

What does this bike have to do with it? Okay, I didn't want to get the apartment. I was paying for everything because she wanted to get the apartment with me. I wanted to get roommates, so I didn't pay as much. And I don't know, the relationship was kind of getting rocky. And instead of, you know, communicating, we both retaliated. So. What?

Communicating what even? Literally anything. How are you that bad at relationships? I'm saying that is the most single motherfucker in the history. of existence. How are you that bad of relationships? I can communicate. No, they never like you. That relationship was that. That's rude.

That relationship was entirely physical. Oh, you're just, it should not live together. It should not have been a relationship. Yeah. Well, it was, we got to get her and thought, it was like, oh yeah, we're in love, but no, it was, but it was just, um. It's a retaliate.

She started a, her boss. And... Well, hold on. Why did... Were you guys in a relationship? Yeah. And she started... Why is everyone...

Fing figures that are considered inappropriate in your life? Oh, good. Who were you for? I wasn't. Well... You didn't revenge. What I was doing is I used her credit card for the down payment. Of this?

Yes. Of the bike. When was this? That was relationship ending. What was this? That was relationship ending, not her taking the boss of... Oh, that was at the same time. Like within weeks...

What was her job even? Oh, she's a chef? She was fucking the restaurant owner? I think her manager. Oh, guys. Why am I not working in restaurants? Sorry, I'm hurting too hard right now. It is a perk of restaurants.

We usually save that kind of degeneracy for the post show. If you guys just want that bull's wild stuff and whatever we're going to do, check out the post show. That's where the more fun is. Like, I'm going to keep it tame here and mature. Okay, so how much did you use to get on her? card? When was this? You did not answer. Oh, uh, end of April. This year? Yes. Dude, this is so recent. I didn't. That's a bad breakup. In Alabama, then you had to figure out

where to go. Oh, no, that was here. The Alabama thing was a, was an inch joke. Oh. You brought up the dad thing. Oh. Yeah. But yeah. 253 dollar minimum fee by the way. 18% interest rate, 9,500. Oh, on a bike that cost 7,000, which is probably worth what? Three. Go ahead. What? I knew I knew I couldn't afford it, so that's where I used her card. You have the down payment, but what about the minimum fee payment? I'm sorry, I keep getting lost in the T. How much did you spend from her card? Like 16, whatever that down payment was.

I don't know. I don't know. I don't know. Oh, 1620. 1620. Very nice. Or whatever. Okay, so you committed credit card fraud.

No, I was an authorized user. What? That affects your credit, though. You a dumb little tit? I paid her back. A couple of days later. Through a little guilt and a little guilt and uh that's a sense of a little maturity. Yeah. Well, what I did was um you're a little degenerate aren't you?

Sort of sold ish my Kawasaki to my brother for a year for a year what do you mean for a year? So basically he buy it back from him he still has it right now so because it's a big ball. Was he renting it from you more or less uh he basically basically, he basically, he basically, he basically, he basically, he bought it back from him? More or less, he basically paid me back for the down payment, and I was like, you can keep it for a year and I'll pay the payments. And if you want to take over the payments. Did that mathematically even make sense? How much was the down payment that he paid you for? Oh, this?

Yeah. But your payment on that other thing is $1,400. So it's not equalling that. So really, you're losing interest to him as well. Yeah, but it paid her back. That way you didn't have to... Debt for debt for debt. That is your life.

Well, that way, I didn't have to deal with her. It just had to do with him. Leave her. And then you wouldn't have had to have had... too anyway, not that you should have. Oh, we did. You should have paid it back. Yeah, that, yeah, no. Is that the eviction? Is that the apartment that you're paying for? That is the apartment. How many apartments have you been to since then? No, that is the apartment.

I was there mostly by myself for, was there mostly by myself for until a month and a half, two months ago. And then just kind of left. Listen, it hasn't teach you about relationships, but go through our budgeting class. You get it for free. Go through our investing class. You get it for free since you have an investing account. Actually use it. Go through the quizzes. Go through our debt class so you can understand the implications and negotiation and all that.

Go through it. That has to be like 10 hours of classwork for you to do plus quizzes and everything. Go through it. Literally 10,000 people have done it. Go through it. You get it for free. If you don't take it by the time you come on for a follow up, I'm going to be so pissed. It's discounted right now for these people, 15% off, which is great for them.

Good job. But you get it for free. So do it. Okay. So I'm ready to move out charges. So is that this apartment? Yes. Okay.

What the fuck am I looking at here? Water allocation, gas allocation, drainage, pest control, trash, final gas admin. Final water. What the fuck? It was like, it's like repeats. $3,439 and $15? Yeah, it's basically. Wait, but you said you took out the personal loan for this, right?

To catch up and then I didn't catch up. Where the person alone go to? Ended up not catching me up. No, where to go to? Um. If it didn't have not to this. Probably eating me out. I honestly have no idea.

What was that? 12% to go out to eat or 18% or even remember 18% probably all your interests rates are 18%. To go out to eat? At least it's consistent. That's not funny. That's not funny. Yeah, shake your little jaw.

That's not funny. Quiver and fear. That's stupid. 18% would keep me up in a day. That's dumb. Yeah. So you still owe this? I got a payment plan with them? What's going on?

I'm going to pay my plan now. You ready? Okay. Okay. Okay. What? It's a 12 month. I paid the first payment. The minimum is $2.95. Is there interest on that? No. No interest. Lucky. So you got about... Instead if I do that, then it won't go on. $3,250 left then probably.

Yeah. They said if I do that, it won't, you know, screw my credit and rents. Yeah, because they would send it to collections. And yeah. What you love doing. Okay. All right. Let's be real for a second. dealing with car insurance is absolute death. One minute you think you're getting a decent rate and the next, you're hit with some random $50 fee. Don't even get me started on trying to compare different companies.

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Federal student, you went to college? Yeah. Yeah, yeah, yeah. For a little bit, dropped out, that type of thing. No degree? No, no, associates. No. This is when I was like 18, 19.

3.5%. Yep, yep, 5%. Okay, I'd minimum monthly payments until these are paid off. $57, 18 cents minimums to payment. This isn't that crazy. Just like, I think, 40% of people that go to college and borrowed debt. You didn't get a degree. You're not crazy for that. You're lucky, though, $5,08.055, $5,1008, because I think the median person, or average person that borrows for college,

borrows $40,000. I just went to ACCC, so. Austin Community College, okay? Yeah, it is cheap. I'm actually surprised you borrowed that much for limited school at ACCC. I've minimum fee until that just pays off because the interest rate's really low. You're getting by the 18% ones, okay? Okay. What do I have here? All collections. Okay. Yeah, sure. Collections 1. 426. What are you doing with this? How long has this been on here? What is it for? I think that one is the rental...

Musical instruments? I think I had a rental saxophone for a while. And you didn't pay your rental saxophone? Yeah. You look like every saxophone player in high school that would get bullied looked exactly like you. I was the section later. Oh, yeah, you were. I was a trombone player

That's why I'm fat Yeah So I was, yeah You didn't get bullied did you What? You didn't get bullied, oh no Good, good, good, good Because I'd not feel bad about that joke

No, no This is joking with you But I'm hope he didn't Good Okay, good What, what, hold on But why were you renting? In college?

That was later That was like When did you rent for a sex phone? Because I was like, I kind of won a tenor Why did you pay for it? I moved back to Texas with it And then forgot about it

But what about the payment? Why weren't you on automatic payment? Because I didn't know if I'd have the money in my account every time. Then why take it out? Have we learned a lesson? Yeah. You know the answer to those questions. So yes, you please have learned a lesson.

Okay, great. More collections? How much collections do you have? In collections number two. Just those two. Good. $966. That one's a medical bill.

I got crushed by a forklift. You got crusty armpits? Oh. Oh, okay. What is my hearing right now? I promise my armpits aren't crusty. I don't want to confirm. Crushed by a forklift.

Yeah, my stomach got... In what situation? Probably a notion of violation. But it was a small shot, welding shop I was working on. Hey? Yeah, no, I got crushed in between the mast and, like, the roof of the forklift because I was... Any payment plans for either of these? No.

You could just pay them off. They are not in significant amounts, but you have the financial ability to pay off. You could have paid off. That one in a month and a half if you weren't going out to eat. You could pay off the first one in less than a month if you didn't go out to eat. Yeah. Basic adult sh**, you're 26, not 12, no matter how you look. Is that all the debt?

There's personal debt. More personal debt. No, to people. To people. To people. To people? To who possibly why? Very.

Wait, you're multiple people? Like five. Oh, for fuck. Oh, for fuck. Why? Over the. Well, all right. Number one.

Who's it two? Uh, well, for fuck. Person number one, I stole $400 for a transmission I bought like four years ago. Who? A now kind of former friend in Tennessee. Are you paying? I was. I intend to. What do you mean was and intend to? Why aren't you? I paid half of it off. It was $800 and then I stopped.

Why did you stop? And why are they a former friend? Well, I mean, because they're mad at me for the debt. But they lent it to you. They're mad that you didn't pay it. Yeah. Because you're an irresponsible prick who's being selfish about the money that you borrowed. Yeah. Uh-huh. Yeah, reasonable. I'd be upset too. Because that's not what a friend does. A friend can lend. In fact, I would prefer a friend gift. I would have gifted.

But either way, of course you don't pay me back. That's a trust violation. Tagosha violation. You violation his fucking trust, okay? Okay, I'm not surprised. And it was for a transmission? Yeah, for the beat. You said you have a car debt. I don't have a car debt. I don't have a car debt. Your car is cash? I got it for free.

What is it? I was six Civic. It was my brothers. Ooh, how's it doing? It needed a lot of work, but I'm a mechanic. Yeah, yeah, yeah. I got money to parts. I pay about 500 bucks in parts, four days of work, now it's fine. Sure, sure, sure, sure. How many miles?

197. How's her condition? Peter. How long? You think she's going to last? Hopefully a year or two. Okay. Okay.

I hope so, because I don't know what you do. I really don't. Without pulling on a retirement, but I wouldn't want to do that or taking out a predatory I do. I do. For work, I have a company truck. But you shouldn't be driving that for personal use. I can't use it for personal use.

I can't. People never do. But yeah, don't. No, I'm strict about it. I don't want to lose this job. That's good. That's responsible. It's weird.

You have a very mix of responsible ideas and ideals, and then you have the most irresponsible things I've ever seen in my life and the most stupid things. Very confusing person. That's okay. A number two. $300 to someone else for another car part, I forget. What car? Are these both this car?

No, that was a Mercedes. Okay, so is this a friend? Yeah. Ex friend again? Former. For f***ick, why? Because of the debt again? Yeah.

Why aren't you paying your fucking friends? I just, I intended, I keep... Never lend this money. Not reliable. Yeah, I probably don't let me money. No, don't. Third is, uh, I owe like $600 to another person that, like, let me finance an old Audi from him. Oh, wait, wait, wait, how much?

$600 bucks. Oh, yeah, yay. It was like originally like... This is an ex-friend. Another ex-friend. I literally think I have one ex-friend in my life and it was from sixth grade being petty little sixth graders. I've never had ex-friends in my life in like actual adulthood.

How are you this much of a middle school child? This is embarrassing. What a joke. Okay, number three. No, four, sorry. What else is there? There's the six, I think I still have $1,600 for the BMW that I, What the fuck? It's all car stuff.

Oh, yeah. To who? Another ex-friend. Oh, you're disgusting. You know, this is just like, everything just screams immaturity, literal child behavior in this. It really does. It's all connecting. Do you not realize that?

Are you embarrassed by this? I would be embarrassed. And I didn't want people to make sure of embarrassment, but you should feel embarrassed and hopefully change that action to feel better and more mature in life. Okay. What about number five? The last one is to current friends. actually. For now.

2850. This one was when I... Both of them like exes go through bosses. Yeah, this one was when I moved back to Texas and I... How much is it again? 2850. For what? You lent me money when I moved back to Texas.

Have you ever not borrowed anything for anything you've ever done? Is anything you've ever done not been debt? I don't think so. I don't think so. You're the debt king. You're the king of the debt. Yeah, I grew up with the... The debt.

My mom had me paying, like, going in and paying her, like, uh, pawn shop fees, monthly fees when I was, like, 16. Did you see that? That was bad? It was normalized to me at the time. Okay. Okay, yeah. Pay-to loans, title loans, pawn shops. Yeah.

And you did not take away through this late teens, early 20s, that was bad. It was just normalized to you. It got really normalized, yeah. Oh, wow. Okay. Yeah. This is the first time I've seen it is for what it is. You got to break that cycle, man.

Yeah. And unfortunately. here's the reality of just the world we live in. Like, I don't like the bulls around. I don't want to do that I wish, I wish stuff because you don't walk away with any benefit from the I wish. You know, so we re-rule this. Only you can change that cycle.

Only you have the control over your numbers here. And I hope you do, because that sucks. But if you ever have kids, you do not want to continue that cycle to them. That's not fair and you'd be irresponsible. No, actually. You know it now when you have a wake-up call. Yeah, yeah. I don't want kids because of the way I grew up.

Well, talk to a therapist about that. But yeah, well, yeah. No, don't worry. I'm seeing one. $40 in a checking account. Oh, my. Oh, this is spending. Like crazy. We haven't had spending so far.

We just had insane debts. By the way, one, two, three, four, five, six, seven, eight, nine, ten, eleven, twelve, 13, fourteen, fourteen, deats. Wonderful. Good job. Starbucks. Well, we have 18% debt. My pizza.

A subscription. Torches, door dashing. We're really doing door dash. Come on. Dude, you just got a car. Congratulations. Use it. Come on, you're dooredashing?

What the f***? McDonald's, Amazon, Taco Bell, Waterburger, McDonald's, Zaxpies. Amtrak, amplified? Applied, applied. Oh, that's the vending. Oh, it's Airmark. Apple Bill, some kind of subscription you got in there. He probably got your grinder popping off.

McDonald's, Game Sups, Air, I keep saying, Airmark. I can't think it's Amtrak for some reason. Okay, Venet? That's a Venet machine? It's a Vennem machine? Well, it's not a venting machine. Well, it's not a vent. It's like the break room for food.

Stop. Pick a sandwich. You have a kitchen? Yeah. Beautiful. Do it. Amazon. Oh, the fucking meal place.

The meal place. Amazon. Kendall. Kendall. Meal. Meal. Then we're now $540. That's rent.

Better be. Yeah. Taco Bell. I can be able to bottom after that. It was a joke Making lots of assumptions Then are probably inappropriate And rude to make

But you're good Apple I'm sorry Apple Bill Taco Bell Getting a meal Amazon Amazon Men Men Menchies

You mention none some men? There is We did it again I can't stop myself I'm addicted Kobe Steakhouse Apple Bill What are you getting in apps

N-Apple Apple Bill. Apple, what are you doing? Probably, what, Duolingo? I think there's a VPN in there, stuff like that. DoorDash, your DoorDash, and $40. Come on. We have 18% debt, but we're dooredash in. Amazon, Amazon, Fredo, Fretto. Summer Moon, and I love the moon moat,

but you can't afford this to save your life. More DoorDash, $35 a bit. It is really good. Microsoft, Huel, Amazon, Apple, Airmark. And I should probably look at the fucking Amazon spending Shiner night because there's more Amazon and Taco Bell and Netflix. Jeez, Amazon, Amazon, Amazon. There's the Giddy Food.

Gamer sucks. I've heard of that. Isn't that? Most critical? Yeah, a few of them. I learned it from Slat. Chat? J. Slat?

Another Twitch streamer, a YouTuber person. Yeah, it sounds like a word. I was confused. Plume heel. That's... $99. What is Plum Heel? No, no, that's my...

My health, um, it's a health thing for hormones. Your hormones, hormones, though? It's hormone therapy. What? I take, um, estrogen. Oh, are you, are you trans? Yeah. To female.

In the middle. I used to be fully trans. I'm, I'm, I'm confused. I'm sorry. I'm not as informed on this. This is costing you're $99. What do you mean? You, what you, oh, wait, have you gone from female to male?

No, no, no, no, no. I'm sorry. I'm confused. I, I, went to full hormone therapy for like years starting like 2019 and was going to a female lady and then various life situations I don't know felt pressured and insecure and I ended up stopping it for every year okay and completely just especially with blue collar work I kind of just like introduced myself as not that.

Uh-huh. And went with that. And then I kind of got back onto it recently. So you're trying to do it again? Yes. What do you identify as? I've been calling you, dude. Non-binary.

Are you, so you're trying to get to a woman? No, no. No, no. I'm just this. I'm sorry, it's not my expertise. I'm not Uber informed. No, no, no. I try to stay up to date, but.

You're good. It's costing you $100. a month? Yeah. With insurance or? It's not insurable. It's not insurable. Yeah. Well, I'm sure some insurance, right? But maybe not your insurance. Not my insurance. Some insurance take it. It's very, very hard to insure stuff like that, especially in the South. Okay. So how long are we doing that for? That's permanent. Oh, it's for the rest of your life? Yeah. What does it do? What does it do? That covers like my appointments and medical and subscriptions and stuff like that. and it's the actual like physical like hormone.

That's why I look like I'm 12. Really? Yeah. I can de-age if I take hormones, hormones. Yeah, but you're- I don't look young? You'll already have tits, so I'm, well. Yeah, yeah, you'll have other changes, but yeah,

that's why I look like a twink. As we've cured aging. Yeah, just become a woman and you won't age. Again, we already went over this $5,600 in this retirement account of some kind. Yeah, 401k through my work. prize that it's down. Oh, it's only down for a month. Wait, this period. Okay, what is the period? Because everything's kind of up for everyone. So I'm a little curious that you're down. So just for, uh, oh, it looks like just for the month

of October. Maybe it started, ended slightly down for October. Okay. And then $33 in this Roth area. So, oh, wait, 242. Whatever. Acorns. Okay. It's pretty much nothing. Yeah. But the retirement, that's a relatively decent star. What do you, are you contributing? Yeah, yeah. A monthly basis? 7%. Is that your match? No, my match is abysmal. What's your match?

My match is 30% of the first 5%. Only take that then. Only take that no more. Okay. No more? Because again, if you're getting 10% return, average up years, down years combined, S&P 500, let's just say, for example, you're paying 18% an interest on all these debts. There's no point.

Okay. So let's do the mathematical thing. You're getting a 30% of return on a dollar that you're putting in for the first, you know, few dollars, which is great. So take that. So drop it down to my match and I'll need that. There you go. Okay.

It's a wild one, my friend. Wild one. Wild stories, wild information, wild life. I'm going to sit you down with a free financial advisor, domain money. You know, all throughout these conversation, I love setting up my guests with connections. Everyone in the audience also gets free sessions, the first free session with a real financial advisor that I personally use actually. Okay. Like she's pretty cool.

But, you know, we'll do, you know, we'll get you your free session, okay? Okay. Do that. Talk to them about all this and how it all fits in. What we're going to do is make like what a budget should look like for you. And after you go through the programs, I actually put in the work, you're going to get your full detailed budget because there's always more in life than can be funded an hour and a half. But we're going to figure out what we relatively have.

$4,000 since your account. Okay. What is your rent? $540. What utilities? I say you sent $100. $100 no matter what? It varies.

I would say $150. Just to be safe. Is that including internet? Gas electric? Yeah, gas electric internet. It's split between four people. You have insurance? Yes, 20 bucks.

Good. A month? Cool. Gas, Vroom, Vroom, drive, drive? Not much. Let's say, let's put $100 a month just to be safe. Insurance?

Cars and motorcycles, $3.85. What I would honestly do is sell both bikes, use the money from both to pay off one of them, and then let's just try to kill the other one. Be a man. So how do I sell? Sorry. I don't sell something is underwater like that.

We can borrow the difference. Can I pay it off? Can I borrow the difference? Can you 640? Debted income is probably bad. We can make progress on a couple of these things and that'll help. Yeah, because maybe if I could save up the difference.

Well, we'll find out. We're going to go through it. What about 385? Oh, for all insurance. What about phone bill? 240. What? Are you calculating that as your payday phone loan loan bill?

No, that's separate. What is this? Uh, also iPad with service and Apple Watch. So, sell. So, let me see. I owe one. Oh, cool. So, $2.40 is insane.

Buddy, if you didn't owe on this shit, you get you over to helium for $15 bucks a month and you don't need better than that. Yeah. Team mobile towers in Austin, you're fine. Are you kidding me? This is insane. Yeah. 240?

That's insane. I do have to use the iPad at work and it has to have service on it. Like, I need. You have to buy your. own work equipment and you're not a contractor? No. Then what? I just have a lot of downtime.

Then you don't need it. You mean you just have it for your entertainment. Use your phone you already have. Okay. Sell it, please? Sell it, please? Sell it, sell it please?

Like, it's payment. Yeah, you're going to try to, you're going to, okay. Who's it through? A, yeah, yeah, Verizon. Talk to them, see if you can return it and take it off of the overall balance. Then we're going to pay off the rest as quick as we can. I'll put it 240 for now. but you need to do that.

That's a fucking ridiculous payment. Are you kidding me? That's stupid. That's your rent. Grocery is $300. It's all you need to survive. Follow a mirror plan in our budgeting program. So we get to your needs.

$100 for TP fund. $150 if you continue that medication, I guess. Ah, that was $200. $100 for $TP fun. I'll put $100 for medical. Anything else on the medical side? Therapy, $70 a month. That's not bad.

Yeah, $35 copay twice a month. How much? What else? Health-wise, I think that's it. Pets. No. Good. Thank you. No subscriptions. We cance them all. They're stupid. You're done. We got out of your debt. Buddy, you've ended up in such a bad position for your age. What actually changes after this conversation to you? What actually changes? I might be able to... Oh, you might. Oh, my.

Come on. What? That's stupid. Don't do that. Come on. What? I can see actually how bad it is. I didn't think about it until now. What do you mean? I don't know. I pushed it to the back of my mind. I mean, because... All of it, every single little thing. Yeah. Every time you took on a new debt as well? Because debt was so, like, generational debt is such a big thing in my life.

I never even thought about it at all. I get it, but you've also self-confessed that you've tried to borrow more money and you haven't been able to. So why was that not a, oh, I can't borrow any money anymore because I'm so... I guess I thought I'd just pay it off and then borrow later. But you haven't been, so what do you talk about? Yeah. Okay. Well, it's actually going to change. That left me with very little confidence.

Your debt payments, by the way, $1,311.21. Okay. Most expensive category by far. Go ahead. Continue. What's actually going to change? Come on. I'm going to listen.

Because obviously, I don't know. Please take the classes. Yeah. I will take the classes. Yes. Yeah, that is considered it done. Then when you come on to the financial audit follow-up channel, I better see Real Park. So let's talk about milestones where I want to see.

You have an extra $683.79.79 Because in order to survive, you need $3,316,0.21 cents. You have $4,000 a hit to your account. Okay. Because the extras can go towards paying off debts quicker. Yeah. Not collections. We let it sit.

Do you have a minimum monthly payment to your friend that's a current friend? Not right now. I should live with them. Oh, great. So for the debt that's sitting there, what, 26,36,368, that's occurring interest? and that is bad debt, isn't collections as an owed to a friend. With the money you have left over, we're going to call it $6.50 to be more conservative. Still takes 40 months to pay all that off.

That takes about three years and a quarter. That's too much to only pay off half your debt in terms of how many categories you exist, not total number. What I need you to do is you need to start grinding on your days off. I need to see an extra minimum $500 comes in, preferably extra thousand hours come in net. You need to speed this up, an extra $500. you should be able to get that down to about a year and a half to two years, probably closer to two years. Bringing an extra thousand,

I think we can get that closer to a year and a half a year and a quarter. And that is easily doable. Easily, yeah. Everything's easier set than done. But three and a half years, we're starting to struggle there because then we still have to talk about collections. We still have to talk about your friends that you owe that you should morally pay. Then at that point,

we're still one year from needing to have about 65 in retirement. So it's like, you got to speed this up. You f*** up by making a lot of bed. decisions and putting it off. You've put it off. Now we are where we are. You have to play some ketchup. You play some ketchup by eating some shit for a while. That's okay. Eat some shit for a couple years. If you eat shit for two years bringing an extra thousand dollars a month and that by grinding on your weeks off, which is every other week, you can pay off your friends and collections

and all those out of their loans, which are stupid the loans. You could pay them all off. I bet in two years and a quarter, all of that. Then get a fully funded emergency fund. It's call it two years and three quarters. You have a six-month emergency fund so you never get You can get a phone. You can get a car. You can get whatever you need when an emergency happens. No more medical, you know, collections. That stuff doesn't happen.

No more apartment debt. That stuff doesn't happen because you have a fully funded emergency funding because you actually put sacrifices in. This is making sense? Yes. Yeah. So, gosh. Really, there's no milestone in terms of a follow-up plan because follow-up

I usually like to have people on, like, three to six months. So three to six months, you know, I want to see a couple of the debts gone. Maybe the AT&T and personal loan. I want to see that, okay? Okay, I can do that. That's the start. Then you come on and we assess progress, assess spending, assess debt. Okay.

That's where you'll be. Use the resources we connected you with. You spend over your budget, zero out of ten. Debt, you have collection, zero out of ten. Emergency fund, you don't have anything in savings. Zero out of ten retirement, you do have something you're definitely behind to get to your goal, but three out of ten there. Real estate is zero out of ten.

So it has to be. Hammer financial score rounded up Barely made it Hammer financial score rounded up one out of ten Guys make sure to join us in the post show It's an extra 20 minutes And that's where we get a little more delinquency That's where things are

You know, there's extra stuff that I don't know about that they know That didn't organically come up And we're going to talk about it with the producers And also there's extra financial audits And tens of thousands of hours of extra content If you join Hammer Elites And it helps support this channel

I'll see you guys in the post show You are going to allow your financial situation To get worse Yes. Yeah. Well, I've lost all fucking hope. Do you know how bad your brother's finances are absolutely f***ed? O's an ex-friend $1,600 and O's his current friend and a roommate, 2,850. $3,000 owed to a past apartment that is kicked out after your dad f***ed someone that was 22.

I don't actually know that much. To watch the financial audit post show, click the join button below.