Financial Audit’s Final Boss

Summary

Financial Audit’s Final Boss

Podcast: Financial Audit
Host: Caleb Hammer
Guests: Rosa (26) & Sam (27), San Antonio, TX
Date: October 14, 2024
Summary by: Podcast Summarizer

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Overview

This episode of Financial Audit is explosive from the start, as host Caleb Hammer encounters the "biggest stack of paperwork" ever brought onto the show. He sits down with Rosa and Sam, a married couple in their mid-20s with two kids, a recent home purchase, stable jobs, and an unprecedentedly tangled web of debt and financial mismanagement. The purpose of the episode is to dissect how such a young couple could amass so much debt, highlight their spending behaviors, and chart a possible way forward before their finances spiral completely out of control.

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Key Discussion Points & Insights

1. Background & The Debt Mountain

• Introduction to Guests: Rosa (26) and Sam (27) from San Antonio, married, two kids (ages 8 and almost 2).
• Debt Situation: The couple has approximately $80,000 in consumer debt (not including their mortgage), spread out across dozens of credit cards, auto loans, a timeshare, and more.
• Stack of Paperwork: Caleb jokes this is "the biggest stack of paperwork I've ever seen in my life." He’s notably shocked that such young people have accumulated so much debt.

Notable Exchange

• [00:17] Caleb: “This might be the worst I've ever seen on this show.”
• [11:21] Caleb: “Yeah. About 80 [thousand].”
• [18:26] Caleb: “Do you have college degrees, it sounds like?”

2. Origins of the Debt Crisis

• First Credit Card & Home Purchase: Rosa started with her first credit card at 18, paid it off, but significant debt began when they purchased their home during the COVID market boom with no emergency fund.
• Job Losses: Both lost jobs shortly after moving in, with gaps in employment compounding financial instability.
• Property Taxes: High property taxes due to late homestead filing increased their house payments unexpectedly.

Notable Exchange

• [02:10] Caleb: “We took out a mortgage without having an emergency fund.”
• [05:36] Caleb: “It wasn't the house that got you into this. What happened?”

3. Spending and Household Management

• Spending Outpacing Income: They regularly spend $10,000/month while only bringing in about $6,500, much of the difference charged to their multitude of credit cards.
• Half Income Goes to 'Fun': Large portions of spending are on eating out, birthdays, vacations, and random consumer purchases ("Birthday month" alone justified $10k in spending).
• Financial Management: Rosa primarily manages the money, but lacks control—Sam is basically "checked out" of household finances.
• Household Communication: Sam believes their debt is ~$20k; actual is $80k.

Notable Quotes

• [06:55] Rosa: “But now we just have a lot of stuff to pay. Now we're just having to pay off everything happening from the four years.”
• [16:03] Rosa: “It was my birthday month, so probably like $10,000.”
• [14:36] Caleb: “We have a goal?”
• [15:14] Sam: “I feel like she's making pretty reasonable decisions because she wouldn’t be spending if she didn’t need to.”

4. Debt Details / The Credit Card Carousel

• Overcredit Carded: They have more active credit cards than any past guest; most are maxed out or over limit.
• 'Special Trick': Rosa describes manipulating credit balances via PayPal transfers to avoid overdraft fees, without realizing this racks up more long-term interest and fees.
• Minimum Payments: Over $2,900 in minimum payments due each month.

Notable Quotes

• [26:14] Caleb: “What made you think...when you open[ed] this [Ulta] card, what was going through your head?”
• [27:01] Rosa: “So I learned a trick... When I am basically like overdraft on my bank account...I'll basically transfer money from my PayPal to his PayPal and then it goes into the bank account because we have a joint bank account. So I'm basically transferring money from a credit card into the bank account.”

Running Jokes

• Astrology: Rosa attempts to blame some behaviors on her Leo sign. Caleb is dismissive and direct:
  • [29:20] Caleb: “...the patterns in the sky literally 100,000 years from now are going to be completely different because the path of the earth and the galaxy has moved from where it is on the path.”
• 'Birthday Month': Rosa repeatedly blames extreme overspending on her 26th birthday.

5. Key Financial Stats (See [96:28] Onward)

• Income: ~$6,500/mo (sometimes more with bonuses)
• Debt Minimum Payments (non-mortgage): $2,918/mo
• Mortgage: $1,580/mo (with taxes/insurance, should decrease next year)
• Utilities/Kids/Pets/Other Essentials: ~$1,800/mo+
• Net Monthly Need: Over $6,700/mo (before even seriously tackling debt)

6. Behavioral Patterns Highlighted by Caleb

• Justifying Small Purchases: Items from Ulta, Amazon, Gymshark, and Target are explained away as necessities, birthday treats, or gifts for others.
• Enabling Each Other: Sam openly cedes all financial control to Rosa and passively agrees with most transactions.
• Family Involvement: Their nephew is authorized to use one credit card, charging personal expenses for which he may or may not reimburse.

Key Moments

• [31:12] Caleb: “You guys are going to sit down, you're going to go through our budgeting program. You're going to take all the quizzes, take all the education together.”
• [33:01] Rosa (on switching from TikTok to Financial Audit): “I've just been binge watching your shows when I'm at work, and it’s been helping.”

7. Consequences Piling Up

• Late Payments: Multiple cards show histories of late payments and fees.
• Interest: Thousands in annual interest accrue on credit cards, timeshares, auto loans, and more.
• Overdrafts: $681 in overdraft fees in the past year alone.
• Retirement: Minimal deposits; most retirement accounts have only a few hundred to low four-figure balances.

Notable Quotes

• [91:09] Caleb: “...we're overdrafting 700 a year and all these lines are purchases. You don't have an excuse to overdo for sake.”
• [102:52] Caleb: “So that takes 320 months to pay off or 26 and a half years.”
• [109:08] Caleb: “Hammer Financial Score... It's gonna be two and a half out of ten.”

8. Paths Forward & Recommendations

• Budgeting and Education: They receive free access to Caleb’s budgeting and investing courses.
• Second Income Needed: At least $250 more per month—ideally $1,000+—is needed just to stay afloat; thriving or true debt payoff demands even more.
• Extreme Options Discussed:
  • Bankruptcy (complex, expensive, stressful, but possible)
  • Selling the House to pay off all consumer debt, with ~$100k in equity (but rent would be comparable to current mortgage)
  • Debt Assistance/Negotiation (Relief app, advisors, etc.)
• Serious Sit-Down: Caleb strongly urges several sessions with a financial advisor to create any actionable plan due to the scope and complexity of their situation.

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Notable Quotes & Memorable Moments (All times MM:SS)

• [00:17] Caleb: “This might be the worst I've ever seen on this show.”
• [05:54] Caleb: “So we moved in a house. We didn't have that money. So over the course of the next few months...course correct. Course correct. Get the emergency fund... Obviously that is not what happened.”
• [11:23] Caleb: “Yeah. About 80 [thousand].” (Rosa and Sam thought it was $20-30k.)
• [16:03] Rosa: “It was my birthday month, so probably like $10,000.”
• [22:00] Caleb: “Your birthday? Your birthday. Your birthday. It’s 26. Is that the car? Is that the rental car? Age. Other than that, nothing else even matters.”
• [26:14] Caleb: “What made you think...when you open[ed] this [Ulta] card, what was going through your head?”
• [26:24] Caleb: “Oh, you're too impressionable. Guess what? You probably lost $60 this month in interest.”
• [29:20] Caleb: “None of that means anything. Just because you’re dumb with money doesn’t mean you have to be dumb in life.”
• [40:13] Caleb: “You did the rent thing on here.”
• [81:24] B & C: (Joking about post-coital snacks and how debt is their “cigarette after.”)
• [102:52] Caleb: “So that takes 320 months to pay off or 26 and a half years.”
• [109:07] Caleb: “Hammer Financial Score... It's gonna be two and a half out of ten.”

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Timestamps for Key Segments

| Timestamp | Segment / Discussion | |------------|---------------------------------------------------------| | 00:17 | Caleb expresses shock at paperwork/debt size | | 05:35 | Unpacking job loss, how spending spun out of control | | 10:07 | Financial self-assessment; Sam's total disconnect | | 11:23 | $80k debt bombshell | | 16:03 | $10k spent during ‘birthday month’ | | 22:00 | The birthday spending theme & priorities skewered | | 26:14 | On opening an Ulta card for a $60 "discount" | | 27:01 | Rosa’s “PayPal/credit card trick” and why it fails | | 40:13 | Using credit cards to pay rent/mortgage—red flag | | 79:00 | Minimum payments exceed $2,900 excl. mortgage | | 91:09 | Overdraft avalanche and the "excuse" cycle | | 102:52 | Payoff calculation: 26 years with current plan | | 109:07 | Final Hammer Financial Score: 2.5 out of 10 |

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Tone

• Caleb’s style: Unflinchingly direct, irreverent, and sarcastic—even while expressing genuine concern. He regularly mocks questionable logic ("birthday month," blaming poor decisions on astrology, etc.), but maintains a brisk, engaging energy to drive home the urgency and severity of the couple’s plight.
• Guests: Positive, self-deprecating, occasionally defensive. Show moments of insight (remorse) but often minimize or deflect.

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Takeaways

• Awareness Gap: The couple’s lack of engagement with basic numbers multiplied debt and consequences.
• Lifestyle Creep & Rationalizations: Small “treats,” lifestyle upgrades, special occasions, and family obligations are all used to rationalize out-of-control spending.
• Structural Issues: Relying on debt for essentials and emergencies in absence of savings or a safety net creates a perpetual crisis.
• Change Requires Drastic Action: Incremental changes won’t solve a problem of this magnitude—major lifestyle and financial interventions are necessary.

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Conclusion

This episode offers a raw, often jaw-dropping, case study in how unchecked lifestyles, apathy, and financial confusion can create a perfect storm for debt, even among relatively high-earning, educated young adults. The “final boss” truly earns its name—this is the most intense, paperwork-laden, and flabbergasting audit in Caleb Hammer’s history. The couple leaves with a hot seat action plan: get additional income, learn to budget together, and consult a financial advisor for drastic restructuring. Whether they can turn it around is an open question, but anyone listening will think twice about treating their own “birthday month” like a license to spend.

Transcript

[A]

To watch episodes of Financial Audit a week earlier. Check us out on YouTube.

[B]

I told you they were bad.

[A]

You're spending half of your income on fun. It's not that they suck. They don't do it to me. You did it to yourself.

[B]

They did, huh?

[A]

Two years of three episodes a week. This might be the worst I've ever seen on this show.

[B]

Hi, my name is Rosa.

[A]

Cutting that off. This is. You guys have broken records. We have just. I need to get into this episode like legitimately right now because this is the biggest stack of paperwork I've ever seen in my life. Listen to this sound. This is insane. So we got sad. We got Rosa, 27, 26 San Antonio. That's wonderful. But I need to start this thing cuz we're going to be sitting here for like four. How in the world do you guys have so much paperwork? How in the world? I've seen big stacks and I've said this is the biggest stack a few times because they've had the biggest stack. You've broken all records. All records. I thought I was going to walk in here, there was going to be a couple 40 year olds or something that have had decades to build up this much younger than me. What is going on? Any of you, please start. Please start.

[B]

Like how we got into that.

[A]

This is crazy. Anything? Yes. How are we in this today?

[B]

So I think it started well. First I got like my first credit card when I was like 18, maybe like a month after. So I feel like that's where it started. Paid that off. And then we moved into a house four years ago with nobody's help or anything.

[A]

We kind of okay people move into houses.

[B]

I know, but like we had nothing. Like nothing. No couch, no bed. We just had clothes.

[A]

Okay. Welcome to how everyone.

[B]

But like we didn't. We didn't think of anything.

[A]

Hey, I did that. They did that. We don't have this.

[B]

I know. It's bad. So like figured out. Yeah, we had applied for the house in August of 2020 and then we were moved in like November.

[A]

What's applied for the house? Is this a rental? Is this a mortgage?

[B]

No, it's a mortgage.

[A]

Mortgage. We took out a mortgage. We took out a mortgage. We couldn't afford furniture, so I assume we didn't have an emergency fund. No, we took out a mortgage without having an emergency fund.

[B]

But we had moved in with only 100 dol. That's how much we had to pay to move in. And then they were like, it's going to be 1100 and then. What do you mean?

[A]

What's paid to move in? What are you saying?

[B]

Like. Like the closing costs?

[A]

Like, we only thought a closing cost would be 100. I mean, if it was.

[B]

No, it was 400. That's what I'm saying. It was 100.

[A]

Oh, so it was a special.

[B]

Yeah, like we didn't pay that much and then it was going to be 1100, so we paid 1100 for the first year.

[A]

Wait, when did you guys get this house?

[B]

During COVID So 2020.

[A]

Okay. So you got a great rate.

[B]

Yeah.

[A]

When have you guys. Were you guys married?

[B]

Yeah.

[C]

Yes.

[A]

So you guys have been married for a while?

[B]

Yeah.

[C]

Yes.

[B]

Yeah.

[A]

Okay. Did any of this debt, like, stack of debt exist before then?

[B]

Maybe just a little bit. Maybe like 5 to 10,000. But the majority of it was once we had moved in just a little bit.

[A]

10,000?

[B]

Yeah, it wasn't that bad. But so we had moved in, it was supposed to be 1100, and then the next year they moved it up to 1600. Next year they moved it up to 1900. The mortgage itself.

[A]

What? Property taxes?

[B]

Yes. Yeah.

[A]

Welcome to the taxes.

[B]

Yeah. So we didn't do any.

[A]

Hold on. Why did you not apply for homestead?

[B]

I just did like last month. So I'm supposed to get a refund for this year and then two years before that. But I didn't know that. Oh, yeah. Now. But during the time.

[A]

Why would you buy a home without being informed what it takes to buy a home in Texas?

[B]

Just family situation.

[C]

Move out, be on your own.

[A]

What's family situation?

[B]

Well, so my dad, he was paying for his house. It was supposed to be my house, but my mom ended up just staying there, so I didn't want to live with my mom for our entire adulthood. We already had a kid. I had gotten pregnant when I was 16, so we were already.

[A]

Are you grown?

[B]

Yes.

[C]

Yes.

[A]

Oh, 19.

[B]

I was. Well, I was 17 when I had her. Okay. Yeah. You were 19, right?

[C]

I think so.

[B]

Yeah, I think so. We have like a two year difference.

[A]

Oh, Twitter won't like that.

[B]

Yeah, I know. I was just thinking about that, but I think so. So we kind of just moved in. No help, nothing.

[A]

How many kids do we have?

[C]

Two.

[B]

We have two ages. Eight.

[C]

Eight and two.

[B]

Eight and. No, eight and one.

[C]

Well, basically two.

[B]

Yeah. They're both turning ages in November.

[A]

Okay. So. Wow. One very young kid.

[B]

Yeah.

[A]

First one assuming. Whoopsie. Sixteen typically would be. Was the most recent one Whoopsie or planned?

[B]

Kind of planned.

[A]

With this?

[B]

Yeah, with this all down.

[A]

Mind You?

[B]

Yeah.

[A]

For what it's worth, just about this much is like checking account and slight retirement. Maybe like this much. Meaning this all is debt.

[B]

Yeah.

[A]

Okay. So we moved in a house. We didn't have that money. That much money. So over the course of the next few months, few years. So you just guys just around. What are we doing? Because, okay, cool. We move in, you know, we don't have as much money. We make a mistake. Course correct. Course correct. Get the emergency fund. Don't spend money we don't have. Don't around, make sure we're prepared to take care of the kid that already exists and take care of the kid that's coming in.

[B]

Yeah.

[A]

Obviously that is not what happened. So what happened? It wasn't the house that got you into this. What happened? Because this has been four years.

[B]

So we weren't paying that much with my dad because we were living with family beforehand. So we kind of moved in paying 1200, 1300. And we were in school. So we had got the house November 5th.

[A]

Keep blaming the house. It's been four years.

[B]

No, but I'm saying. Okay, so then we graduated and then I lost my job. I lost my job three weeks after we got the house. It was technical support. It was a work from home. So I lost that. So I didn't have a job for like a few months. And then I did get a job.

[A]

That's why we have emergency.

[B]

And then you had lost your job too.

[A]

What did you lose?

[C]

Customer service.

[B]

Yeah, it was for the same company.

[A]

Okay. So it sounds like the company is probably downsizing.

[B]

Yeah.

[A]

Okay, so customer service jobs, you know, you can go get a lower paying customer service job if necessary to at least cover some time. It's not like it's a walk in the door and get it, I think. But we can start applying right the day of. We can start getting in the industry.

[B]

Yeah.

[A]

Anyway, the way this is not a.

[B]

Couple months, no mistakes. Then he just got his job again because he had lost his job for another while. He went back to Amazon for a couple of months and then they changed their pay rate. So it was a huge decrease in pay going back to Amazon. So I think, I think we're okay right now job wise, but we just have a lot of stuff to pay. Yeah. So now we're kind of having a backtrack and I guess because I got a better job now too. So I think we're good job wise. But now we're just having to pay off everything happening from the four years.

[A]

So what are these Jobs. Then we'll start with you, Rosenth. What do you do again? 26 years old.

[B]

So I work at, in sales for a diabetes company.

[A]

Sales?

[B]

Oh, diabe.

[A]

Are we selling diabetes or prevention?

[B]

Insulin device. Yeah, it's an insulin device. So I just moved to that job.

[A]

You're in the right place.

[B]

In March. So it was mainly the same hour because I was, I've been with them for a couple of years already, but now they have bonuses, so that's where the increase.

[A]

What would you say comes in on a monthly basis.

[B]

So I make 2184 an hour.

[A]

How many hours a week?

[B]

About 42.

[A]

And then what's this bonus structure?

[B]

It's quarterly. So last bonus was about $3,500.

[A]

Wow, that's actually great.

[B]

Yeah. And then.

[A]

So you can add about a thousand bucks a month.

[B]

Yeah, but I, it's. So that one was in August. That was my first bonus check. But I think my next one, which is November 3rd, I believe that one's going to be probably like a thousand maybe.

[A]

Oh, why?

[B]

I, I, it's just the way our quotas work, unfortunately. But it's. I'm supposed to be aiming for about 3,000, but it was just a bad quota.

[A]

I had your payroll hit of 7781, but was 3000.

[B]

That was with the bonus.

[A]

So what is it normally without the bonus?

[B]

Probably 1500 bi weekly.

[A]

Okay, so 3000. I'm gonna call it 3500.

[B]

Okay.

[A]

You know, just doing the bonus.

[B]

Yeah, yeah.

[A]

And then you, Sam, what do you do? 27 years old.

[C]

I work in correctional institutional and I am an officer.

[A]

Okay.

[C]

And basically I would say I make about close to what she makes about 1500amonth.

[B]

I think it's.

[A]

Oh, he said she. Whoa. A month? She said per paycheck. Per paycheck.

[B]

Well, he's bi monthly.

[C]

I'm bi monthly.

[B]

Yeah, Yeah.

[A]

I had you hit. Wait, by monthly.

[B]

Okay.

[C]

Yeah.

[B]

So like the 15th and the third.

[A]

Yeah, yeah, yeah, yeah. Yes, I had you hit. 1446 total.

[B]

One check.

[C]

That's one.

[A]

Okay, so we only had one check because he just within the time of that statement. Oh, this is new.

[B]

Yeah.

[A]

Trust me. I got so many questions I want to ask you about this job and I'm going to save that for the post show where we just talk about all the stupid stuff. If you guys want to join that and watch all the extra stuff we have going on. It's in the description, by the way. It's fun to talk about all that stupid stuff. Okay. Yeah, I'VE never talked to someone who's worked in corrections. I have a lot of questions.

[C]

Okay, sir. Got them before you got the Mantis.

[A]

All right, I want to see where we think we are because again, we need to get in this paperwork or we're going to be here until tomorrow. Yeah, I'm going to go. Three, two, one. Go on. Go. I want you guys to give me at the same time where you think your household financial score is. 10 being the best it can possibly be, 0 being the worst it can possibly be. So 3, 2, 1.

[C]

3.

[A]

Okay. 3. Thinking we're. You think we're, like, doing solid down the middle, even though, again, we see the stack of this paperwork in front of me. You think you're a little lower than that?

[B]

Yeah.

[A]

Why does your husband think you guys are doing solid straight down the middle?

[B]

Because he doesn't really handle the finances at all. Or I guess like maybe like 15 ish percent.

[A]

So how do you handle 15% of the finances?

[B]

Like, we have like a joint account. So he just gets paid and then I just pay everything.

[A]

But why don't you deal with anything finances?

[C]

Because I feel like I would make more mistakes than she would make.

[A]

Don't you want to be informed of what's going on for the household?

[C]

I do want to be informed of what's going on the household, but at the same time, I feel like she's really good with numbers, punching them. I feel like it'll get to me and I'll stress myself out with the numbers.

[A]

Tell me how much debt you have.

[C]

I'm not too sure.

[A]

Go ahead.

[B]

Yeah.

[A]

Go ahead. Give me your best guess.

[C]

20 ish. 20k.

[A]

So not including mortgage. Okay. Which is fine. So not including mortgage.

[C]

Yes.

[B]

Well, the car too.

[A]

Yeah. All that.

[C]

30.

[A]

Okay. Yeah. About 80.

[C]

About 80. Way off.

[B]

So.

[A]

That'S kind of terrifying.

[C]

Yes, it is.

[B]

I have been telling that.

[A]

You don't even know. You don't even think you're a 50 of where you are.

[C]

No.

[A]

How do we get to places? How do we get to a goal? A financial goal, life goal, retirement goals, things we want to. Family goals? How do we get there as a couple if we don't even know how much we're weaving, what ballpark our debt is? How do we get to a goal together? How do we do this as a partnership? How.

[B]

So? I think that's where the majority of this came from was I feel like I was trusted with everything. And then I feel like I kind of like does. How'd you just like, okay, you Want to go here? Like, let's go here. Oh, I don't feel like cooking. Like, let's just go out to eat.

[A]

Why are you allowing us?

[B]

Like, I just. I think I felt like I lost control, which is why I had applied in the first place. But when. When I was thinking about applying, I was telling him, you know, like, hey, this is how much, like, I feel like I am losing control over things.

[A]

Why have you allowed her to lose control?

[C]

She has been asking me for help, and I've been gradually trying to make that effort to help her with some of that bills, like, basically just keeping up with the numbers, keeping track of them.

[A]

Buddy, you thought your debt was 20, then 30, 000. That's 80. Outside of the mortgage. How much is your mortgage total balance? How much do you owe on the house? No, no. How much you own the house?

[C]

I would say we're about 30 to.

[A]

40,000 on the house. You owe $213,000 on the house.

[C]

The house is not on a monthly basis.

[B]

No.

[A]

What, you think you pay $30,000 a month towards the house?

[B]

Like, how much do we pay monthly for the house?

[A]

Hold on. No, no, hold on. I need to be very clear. You don't think you pay 30, 000 hours a month to this house?

[C]

It's like, five.

[A]

I think we only almost bring in, like, four to five. Oh, my. Okay, we're starting from scratch. Yeah, we are starting. This is like.

[B]

Yeah. So it's been. So we. We've always been, like. We've been together for, like, 10 years already, so we came from, like, high school to adulthood together. And I just. He's never been good with numbers, so I've just never, like, okay, you get paid. All right, we did this. All right, we'll do this, like, during school, we were getting paid. We did work, study. Like, we were kind of just, like, going with the flow, bringing in money, paying things, and then the debt just started getting really bad.

[A]

Are any of the prisoners gonna see this? No. Okay. When they get out and they see this, are they gonna come after me because I bullied their favorite correctional officer?

[C]

Yeah, you should be good.

[A]

Okay.

[C]

You should be good.

[A]

Okay. Okay.

[C]

Yeah, that's.

[A]

That's a lot. Your answers scare me. And then your answers of the person who is running this whole thing but is proud and throwing it down the drain scares me. Yeah. Do we have a goal? Do we have a singular goal?

[C]

Getting a positive?

[A]

Yeah, that's what your guys are online.

[B]

Get out the negative, Michael. Because I'm 26, I just turned 26 in August. So I do want to kind of get rid of like the car, the credit card debt like by 30 because I feel like I made a lot.

[A]

You guys aligned on that.

[B]

Yeah, I mean that my, the spending comes from me. Like he doesn't spend anything.

[A]

You don't spend anything.

[B]

He spends nothing. He does gas and for the week.

[A]

You know, I have his spending accounts.

[B]

No, that's, that's mine.

[A]

I have cards with his name on.

[B]

Yeah, they're mine.

[A]

You're spending on his cards?

[B]

Yeah, like that's what I'm saying. He.

[A]

Do you even know this is happening?

[C]

Yes, I do know about that.

[B]

Yeah.

[A]

And you're okay with this?

[B]

Yeah, those are mine.

[A]

Why?

[C]

Because I feel like she's making pretty reasonable decisions because she wouldn't be spending if she didn't need to spend on certain things.

[A]

Okay, to be clear, this is again the biggest stack of paperwork I've ever seen. You spent $640 going out to eat. $2262 on miscellaneous. Can be video games or it could be stopping for a hobby. That's half of what you bring in, guys. Okay? It's reasonable. That's what I just heard. It's reasonable. We know what comes in non bonus month. Both of you combined, we're seeing about 6,500. Yeah, actually that is taking account the bonus spread out. Yeah, 6,500. Okay, why don't you tell me how much was spent last month?

[B]

It was my birthday month, so probably like $10,000.

[A]

Everyone has a birthday month. Who gives a shit? Also 26, not even a notable birthday. It's a nothing birthday.

[B]

It's like your first birthday with the second chapter of your life.

[A]

Second chapter? What?

[B]

Yeah, like one through 25 and then 20.

[A]

Okay. Nothing changed.

[B]

Okay, well it was probably like 10, $10,000.

[A]

How much did you spend this last month? How much was spent?

[C]

Probably about to 10.

[A]

Okay. And you find that to be reasonable again, 6500 comes in. You find 10 to be reasonable.

[C]

Birthday month.

[A]

You, you, you're aligned with this birthday month thing.

[C]

It was her birthday.

[A]

Her birthday. Why do I give birthday? You know who birthday? It's about to be the two year old. And guess what? That two year old's gonna grow up and have to take care of their parents cuz their parents never saved up for retirement.

[C]

That's another 10 for the kid.

[A]

Huh?

[C]

That's the 10 for the kid.

[B]

Basically every birthday their birthdays are two.

[C]

Or the same day.

[B]

So it's one day you guys don't.

[A]

Even give what I just said. Yeah, because of your birthday month, your special little 26 year old, and having barely anything in for retirement. Is this funny? This is comedic. Your kid is gonna have to put their life on hold to take care of his or her irresponsible parents because they thought this was funny.

[B]

Well, that's why we're here.

[A]

He's laughing. He's giggling his way through it.

[B]

That's like. I don't know.

[C]

It's eye opening for me. Yeah, it's eye opening.

[B]

He's in shock.

[A]

Right, guys, you spent 15.262.61. You bring in 6,500. In what world is that considered acceptable? Half of what was brought in was spent on bull. But that doesn't even matter because you spent more than double what was brought in. More than double.

[C]

Negative.

[B]

Yeah, it's pretty bad.

[A]

Pretty bad. Oh, but we're a five or a three out of ten. That makes sense. Let's start this. If you want your Hammer Financial score, it's free. Link in the description below if you want to be on the show and give me a stack of paperwork. Go to CalebHaber.com. apply. Okay. Okay. You guys have college degrees, it sounds like, because I heard graduate.

[B]

Yeah.

[A]

Okay. What's your degree in?

[C]

Criminal and physical education.

[A]

So we are kind of working in the field. Okay, very cool. What. What about you?

[B]

Criminology and psychology.

[A]

Okay. You're not working in the field. All right. Okay. This is a joint card. American Express cash magnet.

[B]

Oh, okay. That's the blue one.

[A]

Yeah, yeah, it's blue colored.

[B]

Yeah, that's like. That's like one of our dailies.

[A]

Is that how we're designating what we're sending on? What color the card is?

[B]

It's. Yeah, the blue one or the gold one is usually like our dailies.

[A]

Your dailies, guys, you spent on half these cards and there's only about a thousand of them. $5,014. Listen, that should just. Most people come on this show and I talk about one or two or three cards in that balance range. This is just the first out of like a trillion billion of these cards. Credit limit, 5000. Credit limit 5000. Credit limit 5000. And it is sitting at $5014.41 with $140 minimum payment. Okay, okay. It doesn't matter. I mean, it's not like we have two kids. One's about to turn two. No. Who really get. Oh, good. So you. You paid off some money. You started. You started above the Credit limit. Then we put money towards it. But then you charge to the card $3,305.53 daily spending. Daily spending? What kind of daily spending are we allowed to do $90.89 of ruin if you are above the credit limit? Daily spending. Why do you think you guys can daily spend on a card like this? In what world do you think that is?

[B]

Okay, I don't like using my debit card.

[A]

Why? You don't have money. You're putting it on. You're going above the credit limit. Why don't you like spending your debit card?

[B]

It just. It's just like a sucky bank. Like I don't suck it bank.

[A]

How about this? It's sucking your money from you. It's losing 90.89 in interest on a month.

[B]

Yeah.

[A]

So I don't give a. If it's like, what's your bank?

[B]

It's like an international bank.

[A]

What's your bank?

[B]

International bank of Commerce. Yeah, it's called. But I've had it since I was like 12, so.

[A]

Okay. Walk into Chase and open a bank account. It takes three seconds. Instead of throwing our life away on a credit card. I don't get it.

[B]

Yeah, it's just a sucky bank. Like I really. I can't use it. Too many places.

[A]

Just be. You have two kids being adult. Walk into any bank. It's so easy.

[B]

Yeah.

[A]

So this is. It's 10 minutes of your time.

[B]

Yeah.

[A]

10 minutes of your time. If your entire excuse for up your life is, I have a copy bank.

[B]

Yeah, that's on the next steps. That's next steps.

[A]

That was next step at 8.

[B]

Just because I have like a lot of like, you know how you have to change the account and routing number for like. Well, there's just a lot. But I'll get it done. I'll get it done.

[A]

It's tragic.

[B]

I'll get it done.

[A]

Tragic. First of all, you're gonna cancel all these cards. You don't have to worry about that. Anyway.

[C]

Figure I don't even give it.

[A]

Well, what the. Did you think you guys have more credit cards than anyone in the history of the world's ever had credit cards.

[B]

It's bad.

[C]

That's where we start.

[A]

Before we start, I don't give a. What's your credit score? It's already. One of you has a 500 something credit score.

[B]

It's like 600 for the both of us.

[A]

I have. Oh, different in here, so.

[B]

Oh, I thought it was like 5.99.

[A]

Nope.

[B]

Or 600.

[A]

Nope.

[C]

Not rounding up, huh?

[A]

Nope. Netflix. Painting with the twist. Oh, great, guys.

[B]

This is great for my birthday.

[A]

Your birthday? Your birthday. Your birthday. It's 26. Is that the car? Is that the rental car? Age. Other than that, nothing else even matters.

[B]

Yeah, nothing.

[A]

26 is nothing. It's nothing. Congratulations. You're getting older. How about you take care of your so that when you get older even more you have a chance to retire. How about that? I think that's okay. Maybe that's important. Silver Sub Community Arena Management spurs it wasn't a game. $360 like a concert. Makes it better.

[B]

It was a concert.

[A]

Who'd we see?

[B]

Future and Metro Boomin.

[A]

So future is more important than your kid having any chance at living a financially.

[B]

Yeah.

[A]

Sound life? No. So future is more important than, you know, maybe your house ends up being foreclosed on and your kid has to.

[B]

He's not.

[A]

Figure out.

[B]

He's not.

[A]

Future is more important. I don't know. That's what your actions are showing. Frozen treats. Sweet treats are more important to Kira. I can never say that word, but it's 50.33 Little Caesars. Silver River Sub. More important.

[B]

I think that was a taqueria. Is that the one?

[A]

Yeah, yeah.

[B]

Mexican.

[A]

I could never say that.

[B]

It's okay.

[A]

800 hours in interest this year on one card. One of the many million cards we're about to look at. Ulta. We have an Ulta card?

[B]

Yeah, it's a MasterCard though. So I really. Oh, like, I don't.

[A]

Oh, guys, it's okay.

[B]

No, I'm just saying it's not all like. I really don't like shop at Ulta that much.

[A]

So where you get probably the biggest rewards. That's not the place. We're using it. Sweet.

[B]

Yeah, I messed up opening that card.

[A]

All right, well, let's get real for a second. Have you ever felt that pit in your stomach waiting on a payment you needed yesterday? You know, the one that was supposed to cover payroll for your crew and kick off the next project? Yep. And that's what we call a cash flow crisis. Trust me, I felt this. And as someone who's a business owner and responsible for my team, it's something I've personally experienced. And that's why you need to bank with Relay. Relay is an all in one business banking platform built for small businesses like yours. They give you full control over your cash flow right from your phone. No monthly fees and no more awkward bank visits when you're already buried in work. With Relay. You can set up 20 free checking accounts. I'm talking dedicated accounts for every part of your business, whether it's payroll taxes or even that big project coming up. It helps you keep track of every single dollar. And you'll never wonder, where did all my money go? And get this. You can assign up to 50 debit cards to your team. That means from supply runs to coffee shops, you're in control. You can set spending limits or freeze cards at the snap of a finger if someone's going overboard with the taquitos. And for you business owners working with accountants, Relay lets you give them clear, read only access. That way your books stay on point without you having to hunt down receipts at the last minute. Plus, everything's a hundred percent online. Say goodbye to those timely bank trips. Even while you're on the job site, you can still manage deposits, expenses, and even create virtual cards straight from your phone. Running a small business is tough enough without your bank making things harder or nickel and diming you on the fees. Get started with better banking for small businesses. Sign up and get that 100 sign up [e-mail] Caleb Hammer Trust me, this is one of those decisions that'll have your business running smoother in no time. So get started with Relay today. I think we messed up.

[B]

That one was a recent card, like the American Express. I think we've had it for like two years already.

[A]

When did you get this?

[B]

Probably like maybe like eight months ago.

[A]

Why are you opening cards?

[B]

It was like eight months ago, but.

[A]

You already had a stack of credit cards.

[B]

Yeah.

[A]

So what made you think. Hold on, hold on, I want to know what actually, when you open this, what was going through your head because you already had a stack of credit cards?

[B]

Well, because I was getting like my perfumes and stuff, you know, just like. Yes, the regular. Right. So then they're like, oh, do you want to open this card? And you're gonna save 20%.

[A]

Oh, you're too impressionable.

[B]

And then I was like, no, like, it's okay, I'm good. And she was like, well, you're gonna save $60.

[A]

You're the easiest person to sell to. Guess what? You probably lost $60 this month in interest.

[B]

I know if I look.

[A]

Yeah, it was, oh, $108.

[B]

Yeah, I think I was saving like 60 bucks. And then I was like, oh, it's all done as well. You know, I do regret that one.

[A]

Hold on. These purchases. What is this?

[B]

They were.

[A]

What is this?

[B]

They were supposed to.

[A]

$741, 660.

[B]

Oh, they were they were supposed to cut that? Yeah.

[A]

Oh, okay. Well, we bleeped it and cut it on screen. What the is this?

[B]

So I learned a trick that's like a really, really bad trick which you're probably going to see in a lot of the statements. So when I am basically like overdraft on my bank account, on my regular bank account, even if I'm a penny, they'll charge me $35. Even if it's a dollar. Overdraft. Yes. Welcome to the consequences and actions. So if I'm overdraft on my card, I'll basically transfer money from my PayPal to his PayPal and then it goes into the bank account because we have a joint bank account. So I'm basically transferring money from a credit card into the bank account. Does that make sense?

[A]

It does. But you think this is actually saving you money because again, $108.66 of interest. Also, little fun fact, you owe $5,286 on this.

[B]

Yeah, yeah.

[A]

There's a credit limit of 3,700. So you.

[B]

Yeah, that one was for the house. Like.

[A]

Huh.

[B]

When the house payment came out, like it was.

[A]

Use a credit card essentially for the house payment.

[B]

Basically. Yeah.

[A]

When can we not afford a mortgage? When we're using a credit card to pay for it. Or also maybe we don't spend half of our income on literal bullshit.

[B]

Yeah.

[A]

So why, why was more important than a mortgage, guys? Why was it.

[B]

I think just the spending got out of control.

[A]

Oh no, it's probably because it was birthday month. My special little birthday. 26. The one that no one will forget.

[B]

Yeah. When I was birthday month.

[A]

Have a birthday day month.

[B]

Yeah.

[A]

What? And then we just have 11 normal months. Oh my gosh.

[C]

Child, back to reality.

[A]

Child, Child. I'm sorry, that's what, that's, that's what a child does.

[B]

Yeah, it is.

[A]

That's. That's what your 8 year old gets excited about. No one gives a. To turn 26. Not the. Not the you. No one cares.

[B]

Yeah, okay.

[A]

I'm sorry. When you're dying in debt, no one gives a.

[B]

It's like a LEO issue. Like a leo.

[A]

Oh, shut up.

[B]

I swear it is.

[A]

It is, my dude. The patterns in the sky literally 100,000 years from now are going to be completely different because the path of the earth and the galaxy has moved from where it is on the path.

[B]

Yeah.

[A]

None of that means anything. Just because you're a dumb with money doesn't mean you have to be a dumb in life.

[B]

Yeah, Leo what's your sign?

[C]

I don't give a. I'm an Aquarius.

[A]

Congratulations.

[B]

I was just curious on your sign.

[A]

I don't know, because it means nothing. Because astrology is real.

[B]

I don't believe in it too much, but I just like the sign part. Just the sign part. Like I'm not like, oh, like it said that I'm having a bad day, so I'm gonna have a bad day today. But it just like when I meet somebody, I guess I don't know what Aquarius.

[A]

I'm being told.

[B]

Oh, y' all are probably close in birthdays.

[A]

Astrology.

[B]

That's nice.

[C]

Not helping.

[A]

Hold on. What is this? Hold on now. Now I'm getting my terms mixed up. Astronomy is real. That's what I tried to say.

[B]

Oh, you did? Astrology.

[A]

I did. Just because I deal with so many people that believe in that crap.

[B]

Yeah.

[A]

Astronomy is real.

[B]

Okay.

[A]

Not astrology.

[B]

Yeah, I don't believe in it like that, but I just like to know the sign. Just curious.

[A]

You literally just blame this on you being a Leo.

[B]

I did. I did.

[C]

You did.

[B]

I did.

[A]

You did.

[B]

Yeah, I did do that.

[A]

You did do that. So this little, little naughty thing, I don't think we're doing that anymore. I think we're budgeting.

[B]

Yeah, I agree. I agree. Like, I'll take them off.

[A]

I don't care if you're not a part of the finances and all that good stuff. I don't care. You guys are gonna sit down, you're gonna go through our budgeting program. You're gonna take all the quizzes, take all the education together. You're gonna do the investing one as well. Because I see there are a couple retirements at the end of this. So you guys are gonna do that together, go through them, take the coursework, learn, actually improve your lives. You get it for free for being on this show. This show. These people have to pay for it to take advantage of the program. 15% discount link in the description below if bundled. But you get. Can you guys get it for free? So just take advantage of it and actually learn something. Budget together.

[C]

I agree to avoid the birthday stuff.

[A]

Yeah. To av avoid the birthday stuff.

[B]

Especially with like holidays and stuff coming up. Like, I want to figure out all this stuff.

[A]

Oh, no, no, it's okay. It was $8 at Ulta. I thought that was $650.

[B]

And I actually returned some stuff cuz I.

[A]

For my birthday month.

[B]

And I returned it. I returned it. Yeah.

[C]

Progress.

[A]

Nope. She just didn't like it.

[B]

No, I Returned it because I felt bad. Yeah, about, like, good 15 stuff. Yeah.

[A]

But you might need to.

[B]

Yeah, I actually learned a trick. I don't know if you want me to share it right now, but I learned.

[A]

Well, this trick was borderline. So let's hear this.

[B]

Well, recently, so I used to watch Tick Tock when I'm at work because I work from home. So I used to just, like, scroll productive. But I feel like. I feel like Tik Tok came, like, like now they're just shopping. You know, there's an ad for something and then you see it and then it's like another ad, another ad, another ad. People need to make money, Right. Which I understand, but me personally, I can't see something like that because I feel like it programs me. Like, I need it. I need it.

[A]

So is your trick you deleted TikTok?

[B]

I'm actually watching your show at. At work because they're like an hour and a half. So I've just been watching, like, I can even show you my feed. I've just been watching, like, 20.

[A]

Something tells me this one's going to be longer than that.

[B]

Yeah. So I've. And it's been helping because I'm like, dang, Like, I didn't think that it was that bad just getting, like, food or something. But then when I see you getting mad at people, it's like, well, you're spending $20 and then you're spending $20, like, the next week and the next week, and then that's. That's a hundred dollars in a month. And that could have paid off a card, but people don't choose to pay off the card. And I felt like I was in the same boat as well. So I've just been like, binge watching your shows when I'm at work, and it's been helping.

[A]

Well, I appreciate that and I appreciate it. Sloppy toffee is not going to get you anywhere, but I do appreciate that.

[B]

No, but it's been helping because I feel Tik Tok turned into like. Like when they added the shop. Like, it's just all like. I mean, everybody has to make money. I get it. You know, but it's just.

[A]

When did you just start watching?

[B]

Like, two weeks ago.

[A]

Okay, well. Which is reflected in these statements, if I'm not mistaken.

[B]

No, because we're in September. These are all August. August, yeah.

[A]

My birthday month.

[B]

Yeah, I know. And then it was back to school, too, so I know I spent, like, a good amount for back to school as well.

[A]

How much was the necessity like 400.

[B]

Yeah, because she's grown. She's grown a lot. Our oldest. And then school supplies. And then we moved her school. So then we had to buy school supplies again because they didn't want to give us the school supplies back. So.

[A]

What? They can do that?

[B]

Yeah. I mean. Yeah.

[C]

You know?

[B]

Yeah.

[A]

Let's go, guys. 691 of interest on this card. So now we're over a thousand dollars of interest already this year. And again, we're two cards in 31.24% interest. Insane. Rosa. Oh, that's you. Sorry. What card is this? Pink. Oh, Victoria's Secret.

[B]

I've had that one.

[A]

Looking nice for him.

[B]

Yeah, I've had that one since I was 18.

[A]

Okay.

[B]

And I usually don't carry a balance. I think that one might have been paid off already, like, this month.

[A]

Well, no interest accrued, meaning. I think it would have been paid off. Yeah, but that still doesn't excuse the spending. The spending. Because you had to pay off this card, and that money could have been put somewhere else.

[B]

Agreed.

[A]

And it's Victoria's Secret marketing. Ballet. Bralette bras.

[B]

Yeah.

[A]

Sleep Bottom lingerie. Sleep Bottom Lingerie. W First layer top. W. First layer top.

[B]

I didn't know they showed what I bought.

[A]

Bralette bras. Sleep Bottom Lingerie.

[C]

They didn't know either.

[B]

Yeah.

[A]

Victoria C. We got another Bralette bras. Bralette Bras. Bralette Bras Marketing. Pcb. Victoria's Secret. Nc. Victoria's. Ohio.

[B]

That's online.

[A]

Victoria's Secret Pink roll at Bras Vs. Pink Sleep bottoms Lingerie.

[B]

That is so creepy. I didn't know they showed. I thought it would say Victoria's Secret. Yeah. Probably should have kept that off.

[A]

All the little gooners out there in the audience are freaking out right now.

[B]

That is crazy.

[A]

All right. And then more Victoria's Secret. Probably things we didn't need, I'm guessing.

[B]

Yeah.

[A]

Something tells me you probably had lingerie already. Something tells you you probably already had things to wear on the bottom. If you say that again. Okay, I.

[B]

But it was.

[A]

I'm going to have him slap you.

[B]

Okay.

[A]

Because you never slap another man's woman in front of him. That's what they say. And she is your wife.

[B]

I consent.

[A]

Those were jokes. I want to be clear. So I'm. I'm. I'm doing a little too hard right now. I'm sorry. Okay. Okay.

[C]

You're good. You're good.

[A]

Okay.

[C]

You're good.

[A]

I can't. I can't. I'm sorry.

[C]

It's a lot It's a lot.

[A]

Okay, let's move on. Credit one. I made a really bad joke and I don't know if it's in the episode. I'll allow you guys to.

[B]

We don't care. I don't care.

[A]

Trust me. It's not about, oh, we can. We consent. We have fun around.

[B]

But like the Internet.

[A]

The Internet's favorite pastime is to be offended on other people's behalf. So 1000 Vex. Yeah. 7. $725.01 out on here with a 700 credit limit for every car. Except the Victoria's Secret. We're above the credit limit. Yeah, we're above it again. And it's Credit one. If we see Credit one, that's like the worst credit card you can get. It's legitimately the worst.

[C]

Didn't know that.

[A]

I'm sure there's wor. Pretty much the standard, like bottom of the barrel. Why are we purchasing ten $39 on here?

[B]

I think that was the same trick that I was talking about, like when my checking would be negative.

[A]

But on credit one. Do you know what credit one does? Look, you're getting fees $8.25 and interest $11.16.

[B]

And I think that one, which kind of sucks, but I think that one was paid off for like a year. Like that one is a recent.

[A]

You're paying rent on a credit. On a credit when you're paying rent.

[B]

Cuz I think we've had that one for like four years. And I think that one, like I never touched it. Like I didn't have a card.

[A]

You're not a credit card person? No, no, not a credit card person. If you. I don't even. You know, I usually tell people to get the fizz card. That's just one of the people we work with. It's good for charge. I don't even want you guys to do that. Cuz I think you would it up somehow.

[C]

No credit cards at all. Basically.

[A]

No. Just nothing. No charge cards, no credit cards. Nothing that could. Yes, you did. You did the rent thing and you did the red thing. You did the red thing.

[B]

Yeah.

[A]

Mexican restaurant. And then you did the red. The red thing again. Fees. $66 of fees. $13.46 of interest this year so far. Because you just started doing it on this card.

[B]

Yeah.

[A]

29. 29.15 interest for sake. Are we almost there? Oh, not even a fourth. Okay.

[C]

A couple pages in. A couple pages in.

[B]

Yeah. I think that's where a lot of the.

[A]

Okay. Platinum capital one, platinum $56 spent here. 12 and 12 cents, $33 and 14 cents of interest. Oh, congrats. Round of applause. Can you please clap? Clap for me, please. Clap. Yeah, clap. Congratulations, guys. This time we're not over the credit limit. We're only $20 under it.

[C]

Only.

[A]

Now, legitimately, guys, I believe that you, everyone in your life, everyone around us, can actually take control of their financial future and make their lives better. And we've spent over a year here creating tools to help make those goals a reality. Right now, our budgeting program and investing program are bundled together at a 15% discount. And you get a hundred dollars in cash gifted to you right into your amumu account. There's honestly no time like the present to actually take control of your future. Don't wait. Don't let this opportunity pass. You guys are starting off my week with something special. $1,330, $0.15, $350 credit limit. Okay, all that purchasing is definitely helping us. To be clear, the balance went up even though you paid a payment. Oh, my gosh. You did the rent thing on here.

[B]

Yeah.

[A]

Do you even know she's doing this?

[C]

I do.

[A]

And you're okay with this? Do you have any understanding of it?

[C]

I do understand that she's just trying to get away from getting overdrafted into debit.

[A]

But, you know, you are losing more money with these fees and interest, right? To be clear, you are not saving 35 or 45. Whatever you said it was, you are losing. You are losing more.

[B]

I agree.

[C]

Losing more than what you're trying to save.

[A]

Absolutely. And then what's this Airtron?

[B]

That's for our. Our ac. It's like for. It's like a subscription for our ac.

[A]

Subscription for ac.

[B]

Well, they go and they fix everything. They fix everything for free. Well, ours have. Then the four years that we've been there, it's went out maybe like four times.

[A]

Units.

[B]

It's only four years. But the house is warranty cheap. Well, that's. That's who. That's who it's from. The warranty was only a year, I believe. But yeah, the unit's dash. Yeah, it's. It's bad. The. The house is just bad.

[A]

Buy the unit or did. Was it new when you got the house?

[B]

It was new when we got. It's a new build everything. So I feel like we do need.

[A]

For that price of the new build.

[B]

Well, because something had went out and they were trying to charge us 700 and then they said, well, if you get the subscription or the whatever the monthly subscription, it will pay for for it because it's covered under what they cover. But anyways, I, I canceled it. So I'll just restart when something goes out.

[A]

28.99 interest on this card. Interest this year so far, $236.

[B]

Yep.

[A]

Oh, $35 a fees. We've had either late payments or. Yeah, we've had a late payment this year. We've had to.

[B]

I don't remember.

[A]

Well, you have most likely.

[B]

Yeah, if it's 35. Yeah.

[A]

Yeah. Oh, okay. Walmart card. I don't know if I have enough lines in this notebook for this episode.

[B]

Yeah, that one was recently spent on.

[A]

35.25 with a 28 minimum payment. I didn't even get the minimum.

[B]

I feel like that one might be paid off as well.

[A]

The minimum monthly on the Last one is 46. So you're saying the Walmart's paid off? Yep. This one looks like it normally is. Is it this time?

[B]

I feel like it. I feel like it is because I only spent on it once.

[A]

Yeah, we went to Walmart. Now what was this?

[B]

It was costumes and then just like essentials. Halloween's in like a month or. Yeah, like a month.

[A]

In a month.

[B]

Yeah, it was just for the kids, not for us.

[A]

Why did we get Halloween costumes on September 3rd?

[B]

Just to have them in advance in.

[A]

Case someone moves up. Halloween?

[B]

No, we're there for Halloween. I just bought them in advance.

[A]

Huh?

[B]

Yeah.

[C]

Preparation.

[A]

Yeah, we don't have any money. Maybe we're doing the whole sheet with the holes in it type like the ghost. Okay. American Express gold. You said you spend on the gold, right?

[B]

Oh, yeah, we spend on that one like every day.

[A]

Yeah.

[B]

Okay, so I know I have a balance on that one, but if we spend $40, I add $40 first and then I spend the $40. I swear.

[A]

Nope, you sent more than you put towards it.

[B]

For real?

[A]

For real.

[B]

How much?

[A]

Well, in the pay in full, you put 260 towards it, but spent 295. But the pay over time you put a little balance. The pay over time you put a little extra towards it. More than you spent.

[B]

Yeah, I usually.

[A]

But that doesn't matter because the interest was over.

[B]

It's like 120, right?

[A]

120 for that portion? Yes.

[B]

Yeah, it's usually 120amonth. I pay attention to that one a lot.

[A]

Okay, it looks like you pay your pay in full off before interest accrues there. But your pay over time. What's the point of the pay? Over time, if it's accruing interest paying over time only makes sense if it's like 0%. So I really don't understand.

[B]

Yeah, I think I just. We just use that one every day. Like, I genuinely use that as my debit card, and it sucks because it has a balance, because it's a chart. What is it, like, called? A charge card where it doesn't have a limit.

[A]

It's on a Target. Uber eats.

[B]

I canceled that. I canceled that.

[A]

I don't give a. You just spent on it.

[B]

Well, because they give you $10.

[A]

I don't give a. It was $33. Stop with the excuses and justifications and the targets.

[B]

The. The back to school holiday.

[A]

Orlando.

[B]

Oh. Oh, no. So that's a timeshare.

[A]

Oh, my gosh. You guys have done everything. Is there a payday loan in here?

[B]

No.

[A]

You ever taken out a payday loan?

[B]

No.

[A]

So you've done everything but one thing. A timeshare.

[B]

Yeah.

[A]

You guys are in a timeshare. I don't even think people are HD timeshares.

[B]

It just. It sucks because it's like. It made sense at the time because it's like, how. Because I just, like, picture us, like, traveling and being able to, like, be with our family.

[A]

And is the timeshare very good at moving everywhere you want to go?

[B]

I mean, it's pretty good. We.

[A]

We everywhere.

[B]

And they gave us, like, four trips for free, too, so it made.

[A]

What is four trips for free for?

[B]

Like, flight, hotel. We can use them in two years. In two years. We haven't used any of them. We're not using them anytime soon. But it just made sense at the time.

[A]

When will this be paid off? And then it's only maintenance fees forever.

[B]

I sent that. I sent that. But we just got it in March, so. We recently got it. Yeah, but that's. That's that.

[A]

You guys want to pass this down? My producers are saying you want to pass down your time.

[B]

Yeah, it's for three.

[A]

Like, you know, it's maintenance fees forever.

[B]

Yeah, I think it's $50 a month. I mean, not a month. A year. I'm sorry. A year.

[A]

Oh, we'll see. I want to look at this.

[B]

I sent. I sent it, though.

[A]

I want to look at this. The doc was corrupted.

[B]

Okay.

[A]

I might have you pull it up.

[B]

Okay.

[A]

Okay. So time share, which, by the way, it doesn't even matter. We're putting on a credit card that's accruing interest anyway. So it's like, what the. Amazon. Amazon, Amazon, Amazon. Foot Locker. Why do you guys think you're a lot of travel? You're not allowed to travel. You don't have any money. You can't afford to take care of your own kids. You're not allowed to travel. Smoothie king. Stopping in, getting some bs. Amazon, Maple Street Biscuit, Krispy Kreme. You guys across every card throughout here. You're easily spending on food twice a day.

[C]

That's our biggest issue.

[B]

Well, so I. I put it in the notes. But my nephew. Yes, my nephew uses on that card as well.

[A]

Your nephew?

[B]

No, he pays that Krispy Kreme, so it's not ours.

[A]

Okay, but I don't give a. Get him off. Get him off.

[B]

Oh, he pays it.

[A]

I know. I don't care. We can't. We can't have any accidental thing. What if he decides not to one day? You guys can't even pay your own. So I don't care. It's done. He's off. He can get his own credit card. Okay, Your cousin. And not in the normal Texas way. Get him off of this. Oh, yeah. See? Salt grass.

[C]

I've said that before, though.

[A]

Stopping at a thing, getting some BS Stop. Another thing. Getting some.

[B]

Yes, my nephew.

[A]

Boba tea. I don't give a. Get him off. Okay, I say Takira again. Takaria. Get it? Gone.

[B]

That's his student.

[C]

And by the way, I've also. I would have the conversation with her to get him off. So.

[B]

Yeah, cut that word because that's his school.

[A]

Bleep the word.

[B]

Yeah.

[A]

Best buy.

[B]

The best.

[A]

Stopping and getting some bs. Cheesecake Factory. Stop. Bookstore at college. Raising canes. Spending things at the college all the time. Wait, so are you in college right now?

[B]

No, those are my nephew's purchases.

[A]

So it's your nephew's college?

[B]

Yeah.

[A]

Like get him off this car. Why. Why would your nephew be on a card?

[B]

He just wanted it. I. We. We tried to tell him to not get it, but he wanted it. He just likes the way it looks. I don't know.

[A]

Hey, guys, I'd like a $200 steak. You get in it for me?

[B]

No.

[C]

No.

[A]

Okay, tell him the same thing then. Yeah, I don't care if he wants it. Oh, good. We went to Padre island and Ocean Treasures. And Dillards. And Dillards.

[B]

And that's his.

[A]

Stop at the school. Stop at the school and stop at the school.

[C]

They know that.

[B]

That's all his.

[C]

They're not out.

[A]

I'm just thinking, any of the money. That is just a Korean interest. Imagine that being like in Your brokerage. Like if I put it in my moomoo account right now. I was investing in the s and P500, you guys would be set for life. You have no idea what you're throwing away right now. And that's what kills me the most, is people just don't even know what they're throwing away. Chase Auto. At least we're getting away from the credit cards. Hold on. Wait. I didn't write the balance. Okay, hold on. 4779.64. $118 of interest accruing on a monthly basis with a payment minimum monthly pay over time. Payments of what? Of what? Of what? I don't know what the pay over time minimum monthly is.

[B]

I don't think there is one.

[A]

Oh, it says pay whenever.

[B]

Yeah.

[A]

This one. Accrue interest forever. Okay. What is this card? Chase Auto. What is it? What do we have?

[B]

A Camry x se year 2020.

[A]

Better have a great interest rate then.

[B]

It's average. You got it in 2020 right before the house.

[A]

What's an average interest rate?

[B]

I can't take a 5.3 or 5.17.

[A]

Okay. It's not the worst. And we depreciation and everything is definitely bad.

[B]

Yeah, we should pay it off by next year. But I am planning on.

[A]

Because you actually have equity in this car. You actually evacuated this car pass through?

[B]

No, I think. When is that?

[A]

Oh. Oh. It's a quality statement. I don't know. It's hard to read. But you're past due. $573 is the minimum payment. You were past due. I don't even give. You've made it up. You were past due at the time of this. So it's. We're. We're past two people.

[B]

I think they.

[A]

You guys are every infinity stone of getting.

[B]

I think they put that behind the.

[A]

You put it at the end.

[B]

Yeah.

[A]

You know, this is giving more time for interested crew. How many times have you done that?

[B]

This is my second time. I did it during COVID but I can't do it anymore. Like, I don't want to. But. Yeah, that one was put behind.

[A]

I want to give you free money right now. I've partnered with different resources that will literally give you hundreds of dollars. That the moment you sign up for them. Check out my investing app of choice, Moomoo, where they give you up to 15 free stocks and 8.1% interest on your uninvested cash. When you sign up with my link, do you want a more traditional savings account check? Out where I keep my emergency fund, SoFi, where they'll give you 4.5% on your money and up to $300. Would you rather have automated investing? Sign up for ACORNS with my link and you'll get $20 right now instead of the usual $5 you'd get from. From your friend's referral. You can also sign up for our investing program and get $100 in cash deposited into your MOOMOO account. This is the best way to learn what your investing profile looks like and what investing strategies to use based on that. All of this free money is linked in the resources section of the description below. So don't pass up the free money because I'll punch you. You gotta stop. You gotta stop with this madness. Dude, did you know?

[C]

I didn't know.

[A]

What do you think?

[C]

All I knew is that we were about to pay it off.

[A]

You know, this is extending your payment, which is allowing interest to accrue longer. What do you think?

[C]

Something gotta change. Something's gonna change.

[A]

Scholar.

[C]

Okay, that's the best news we heard so far.

[B]

Yeah, that one's, I think paid by next year.

[A]

You have a four thousand dollar equity position in this car?

[B]

I don't think so, but.

[A]

Huh.

[B]

Well, we recently got hit. Like somebody hit us and ran.

[A]

Was that calculated into it?

[B]

I don't know if that's correct.

[A]

Jake. Was that calculated into it? The hit them getting in a car crash. You have. It's worth $4,000 more than you owe on KBB. And usually they're pretty conservative too.

[B]

I. I had thought it was worse because we have like a. I used to use it for work and it has like 100,000 miles.

[A]

Did we do the miles? Yeah, we did everything. We got your info that you gave us.

[B]

Okay.

[A]

And it's 4,000 more.

[B]

Okay.

[A]

Okay. So you owe 11,895 past due. I can't believe you're doing it. Have you. The accident. Has it been.

[B]

It was reported, but they left, so. Because I was in.

[A]

But is it like. Is. It just looks.

[B]

It's the bumper. Huh.

[A]

Have you fixed it?

[B]

No.

[A]

You could fix a bumper before selling it though?

[B]

Yes. They try to quote us like a thousand, so I just. It's our daily, so I don't really care what it looks like.

[A]

Yeah, but you do have an equity position, which I like to see.

[B]

Okay, that's good.

[A]

This is technically your card and I thought, okay, we're gonna see spending from him, but you're saying you spend on his card? You are an Addict of spending.

[C]

I'm a saver.

[B]

Yeah, he is a saver.

[A]

No you're not. There's no savings to speak of. What are you talking about saver? What money are you saving? No, she's not yours. She's spending it all and you're allowing it. You're going to dinner with her, right? You're a saver. You're not a saver. You haven't saved the thing in your life.

[C]

I try to save.

[A]

No, you didn't. If you try to save, there'd be savings. I don't want to hear that. That's going to be delusion. That's going to hold you back for the rest of your life. Amazon chase car and we owe 5,001. Oh, we did it again. 5,196.50 credit limit of a 5,100. We're over. We're over. How do we do this? We're addicted to over.

[B]

I so that one turned off Turned as a. It not a balance transfer because I'm not. We've never done a balance transfer. But we had a. Which again a bad decision. But a good decision in my opinion. So we had a. What is it called for the water.

[C]

What Softener.

[B]

The water softener for the entire house.

[A]

Bathe in dry water.

[B]

Well we don't buy water bottles at all.

[A]

Not drink non soft water.

[B]

It was nasty because we live on the outskirts of San Antonio.

[A]

Get a water filter.

[B]

What is for the whole house.

[A]

Okay.

[B]

So anyways that's. That's what that's on that card.

[A]

So that's what is water softener.

[B]

Yeah, like that.

[A]

That's how you didn't need a water softener.

[B]

Well I didn't know that at the time.

[A]

Well I mean it.

[B]

Yeah like it saved us a lot of money.

[A]

Water can be obnoxious.

[B]

Yeah, it's. It was really nasty. But that's how that card started. It's not how it ended. But that's no.

[A]

Because 165 on it. So I don't even know what talking.

[B]

About because it's a big balance.

[A]

$185 minimum payment. Oh boy. Guys. $119.27 of interest occurring over the credit limit. Amazon, Amazon. Amazon, Amazon and water burger. Amazon, Amazon. Oh, I have your Amazon spending at the later half of this. We'll go over that then. What you got? I just. I don't know why you do this to yourself. $459 of interest occurred this year so far. Fee $28 fee this year. You've had a late payment on this too. Pass on the car. Pass to. On credit cards. I. You know, the other ones. I bet the other ones have had past dues at some point in fees this year. So far, I just haven't. I didn't look. I didn't look. Damn it, guys. Literally, legitimately, 50 minutes into this, I do not think we're halfway through.

[C]

Doesn't look like it.

[B]

No.

[A]

You single handedly responsible for destroying the rainforest.

[B]

Oh, with the paper that.

[A]

Yep, that too. Quicksilver, $882.31. This one's not always paid off. Nope. Interest occurring $38.28. $15 of purchases, $48 minimum payment 47. Sorry. I'm kidding. PayPal. PayPal. What on PayPal? What? PayPal.

[B]

Subscription. No more subscriptions.

[A]

You don't get to subscribe. Is it $8 15.74 cents?

[B]

It's a subscription.

[A]

We don't get subscriptions. You don't have subscriptions. You can't afford subscriptions. There's no subscription in your life other than subscribing and trying to just survive. Yeah, that's the only thing. You don't have subscriptions. That's canceled. That's done. No more subscriptions. Oh, guys, I wish I looked for the other. I wish I looked for the other cards. I'm upset that I only started looking now. 2. Two past due or late fees this year so far on this card. 2 double double. 2. $311.89 in interest so far. How many thousands of dollars now have we stacked up to an interest this year? Throw your car on top of that. City Double Cash. I love City Double Cash. City Double Cash is great. Not for you. It's double double penetration. Oh, we are over the curtain. Yeah, we're doing it again. We're over the credit limit again. 15, 7. 35 with interest. 40.61 minimum payment. 62.96. 36 purchases was purchasing on a card that were over the limit. And it's a queen interest. Oh, this is. This is a tough episode to make it through, guys. Amazon, it's for. It's for Amazon. Great. Wonderful. Thrilled. Thrilled. Couldn't. Couldn't be happier. Couldn't be. Late fees. There's been late fees this year. There's been late fees. There's been late fees. Have you known? Have you known that there's been this many late fees? You guys aren't even paying your damn bills. Interest occurring this year so far. 246 hours. Great. Okay. Wonderful. I'm Just gonna.

[B]

Which one is that?

[A]

I don't know. What am I looking at?

[B]

That's the. The timeshare.

[A]

Huh?

[B]

That's the timeshare.

[A]

Your timeshare has an interest rate of 13%.

[B]

Mm.

[A]

Even if it wasn't a timeshare, it's a interest rate.

[B]

Mm.

[A]

And then you incorporate the fact that it's a timeshare. It's almost impossible to get out.

[B]

Yeah. I didn't know y' all had that one. Well, I sent it, but that was encrypted. Yeah, that's. That's that one.

[A]

What time share even is it the company?

[B]

It's called Ascendant Holidays.

[A]

Okay. I don't know it. Balance before maintenance fees. $7,410.20 minimum payment. Before maintenance fees. It should say $137.48. This is the loan. Dude, this isn't. This isn't your. No, there's no maintenance.

[B]

Isn't it? At the bottom, it says maintenance fees.

[A]

Nope. Oh. This is your maintenance fee summary. But I'm just talking about the loan.

[B]

Oh, okay.

[A]

And the up. It's at a 12.9 interest rate, and the fees haven't kicked in yet. So you're not. Once the maintenance fees kick in, that's where you're gonna get boned. So you don't even know what they are. Speaking of traveling, you have some travel.

[B]

Bull card that's from the company. The company. Yeah.

[A]

Guys, maybe I just need to give up all of my morals and just be in the business of giving people, like, 50 loans. Because apparently there's people there like you. If I just ask you if you want it, you'll take it because you'll take out any. Any debt that is presented. Okay. A worldwide vacation. Travel okie dokes with a 5993.43. Congratulations, guys. You're $6 and 76 cents. Nope, I didn't do that. Right. But just about six bucks and 57 cents under the credit line. Really proud. With a 209 minimum monthly payment. Oh, good. We're purchasing. We're purchasing on a timeshare credit card. PayPal. 288 bucks.

[B]

The same thing. The What The. The trick that I.

[A]

This is the trick. Still your special little trick where you get with $107 in interest. Are you still convinced that you save money doing this trick?

[B]

No.

[A]

Okay, good. Glad. By the way, it takes 20 years to pay off minimum payment. 20 years. Be in your 40s. $409 in interest on this card so far. That's already. Oh, no, wait, wait, wait, wait. Okay, so to be clear, 4281 on the normal card, and you're getting interested from that. Did you guys know you also are on a second plan on this card?

[B]

That was the second little special without interest.

[A]

Oh, how does that work? Can you tell me?

[B]

Yeah.

[A]

A little sneak peek on how that works.

[B]

You have interest, you don't have interest for six months. And then after the six months, you get charged the interest that's still on that balance.

[A]

And where are you going to pay that off after six months?

[B]

I think that would be October.

[A]

That's in about two weeks.

[B]

But they said that we can extend that. They said that they would extend it because in what way?

[A]

Extend in what way?

[B]

Like, they'll give us like six more months or 12 more.

[A]

Yeah, but they'll probably add. There's going to be a catch. There's going to be some catch. They don't do because you have to pay this off in two weeks or your new. By the way, the balance you have to pay off in two weeks is $1,712. And if you don't, you get added $221.91. Is it deferred back interest? Yes. Deferred. Yes. You've done that. Oh, okay. I'm just gonna just keep digging into this.

[C]

And I haven't halfway through it.

[A]

You know, honestly, that's the first time where I'm almost like. I almost understand you guys not going through your finances because this is insane.

[B]

It's a lot. Yeah.

[A]

We've had the most insane situation that's ever been on the show multiple times, and they've all been true. And honestly, that's gonna be this again? Because apparently it's a competition. Some people, everyone's one upping each other. Did you guys even know it was this bad? Like, as bad as I am telling you. As in. As in. As in. This might be the worst I've ever seen on the show. Did you guys know it was going to be that bad?

[B]

I felt like it was that bad.

[A]

Two years of three episodes a week.

[B]

I felt like it was that bad.

[A]

Okay, tjx, whatever. Is that TJ Maxx?

[B]

Yeah. Oh, that was like Christmas presents last year.

[A]

You don't get to give Christmas presents. You really don't. You can't afford it. $707.48. 27 monthly payment purchases. Of course. What would it be without purchases? Barely under the credit limit. Great. Takes four years to pay off doing minimum payments. You guys are Doing. Just spending on it. So it takes longer to do that. Hold on. What did we spend? What was it? Where are you? Where are you, you little. Oh. There was no. There was no payment. There was no purchase. It was just the interest. I. I was stupid. Stupid. Okay. $131 in interest this year so far. 32.24% interest rate. Target card. Every store that exists, you have a card for Okie dokes. With barely under the credit limit here. So no progress has been made, to be very clear. Not a single cent of progress. $1,355.25 with a 32. 2.95 of interest. 8 years to pay off. 28.15 interest rate. $248.52 of interest this year so far. Many thousands in interest. A synchrony card, rooms to go. Seriously, every door.

[B]

Guys, those are furniture. Yeah, but that one doesn't have interest. I know that one for sure.

[A]

No interest accruing right now.

[B]

We don't have. We have until next year.

[A]

$5 minimum payment balance $1,707.73. I'm about to go onto a second page. I've never had to do that before. I don't think.

[C]

Probably get the three.

[A]

Yeah, yeah. The percentage rate, when it kicks in, it's 34.99. I've never even seen that.

[B]

If we make the minimum monthly, it'll be paid off, and that's when the promotion ends.

[A]

Oh, some of them are extended even further. You know, you have minimum payments on some of these until 2027. You're going to be paying off furniture in 2027. That's. We want to have debt until 2027. All right. Navy Federal Card, $1,467.65. The $36.90 minimum monthly payment. Just under the credit limit. 21.90 of interest. 10 years to pay off doing what you're doing. 18 interest fees. We've had a late payment this year.

[B]

Yeah, that one.

[A]

I for sure have 180 of interest.

[B]

Yeah, because they don't have automatic payments. I don't know why.

[A]

Cancel it, close it, kill it. I don't give a. Yeah, moving on to the next page in my little special book. Oh, getting like a sweaty ass. We've been here so long. Discover.

[B]

It. Oh, I have something to talk about on that one. Wait, which one is that? Is that his? Yeah. So we recently got on a plan. We can't use it. Which I want to close it anyway. But the interest was what like 28. I don't know if you could see it, but they actually lowered it for a year, and then they lowered the monthly payment, too. So I had called them.

[A]

Oh, my gosh. You're over the credit limit.

[B]

Well, because they. They charge a lot of interest.

[A]

I know, but your minimum payments take care.

[B]

It. It was like, not even enough.

[A]

No, with the minimum payments are enough. If you're not putting anything extra.

[B]

I don't think I was.

[A]

Or fees, then you weren't putting enough towards it. You weren't doing the full minimum 29 years to pay off this card.

[B]

So we recently got on that program.

[A]

Okay. But it still probably takes just as long.

[B]

I think it'll be a little bit less, but yeah.

[A]

Okay. Maybe it's 20 years since 29.

[B]

Yeah. Yeah. So they lowered the interest rate, and then they lowered the monthly as well.

[A]

What's your new monthly?

[B]

140.

[A]

Oh, my gosh. A credit one. Another credit one. Guys, you're just under the limit again. Or either add it over it or just under 30 minimum monthly. Luckily, no. Spending 8.25 cents of fees. That's credit one for you. It's constant fees forever. Then 11.44. 74 of fees this year so far and 85.70. That company is making so much money. Let me tell you why.

[B]

Why do you say that? One's like the worst one. Like, just look at the fees.

[A]

You're getting fees on a monthly basis even though you're not missing anything. Just half of the card people open. Like, you never really see someone with one credit one. They always have like, two or three or four million. All right. Quicksilver. $1,276.14 with a 49 minimum payment. 33.1 of interest. 11 years to pay off doing it the way you're doing it. 29.96 interest rate. Oh, my. Oh, my. There's been one or two missed payments on this cart this year. We're addicted to missed payments. 259 of interest accrued this year so far. I don't even want to continue this. This is crazy. But actually, you guys are very pleasant people. So I am going to for you because I like you guys, but this is insane. No, of course. I just want to go lay in my office, I think. Are we halfway through now?

[C]

It doesn't look like it.

[A]

Oh, my gosh.

[C]

Still see, like, 30, 40.

[A]

It's been an hour. Best buy, guys. Everyone give love for Salah. He's the one who's throwing all the numbers. And graphics up on screen. And he has a lot of them for this episode. 338.69.

[B]

That one's on a promotion as well.

[A]

Yeah, with a 29 payment just under the credit. But it's deferred interest.

[B]

I'll pay it, I swear. Usually, I'll pay that one. Well, I usually pay all of them.

[A]

But we'll pay it by one.

[B]

Is it March?

[A]

It is.

[B]

Yeah. I'll pay that one.

[A]

Fees. We've had a late payment, guys. We'll pay this one. But we've had a late.

[B]

That one was waived. They. They like gave it back to me.

[A]

One may have been waived, but there's still. I don't know. Because if it's waves, they would have taken it away. It would have taken away from here. I'm pretty sure it was recent. Yeah, but how recent?

[B]

It was like last month.

[A]

Oh, my gosh. This is as of last month. We're still hanging late.

[B]

Yeah, but that was interest.

[A]

Of course. You still had 4.30 of interest accrued this year so far.

[B]

Yeah. They get that one back?

[A]

Deferred. 51.65. Samsung, Samsung financing. I've never even seen that.

[B]

Yeah.

[A]

So as a ground breaker, that one.

[B]

I bought my sister watch.

[A]

Huh?

[B]

I bought my sister a watch.

[A]

What kind of watch?

[B]

Like a Samsung watch, I guess. I don't know. She's like an Android user. So you. I stop it. But yeah, that's. And that one's the promotion too. And I will pay that one off before it's next.

[A]

That's what you say.

[B]

Next year of 2020.

[A]

That's what you say. But I've seen late fees, girl.

[B]

This one.

[A]

Hey.

[B]

This one's.

[A]

Hey, hey. I'll pay this off by then. I pretty promise. But guys, it was my minimum. But guys, it was my birthday month, so I have to go spend three times what we make.

[B]

It was. It was. If I do the minimum payment, it'll be paid off by. Yeah.

[A]

Guess what you missed. Minimal dependence every second of your life.

[B]

Not on this.

[A]

I don't want to hear applied to, like six of the cards we looked at. Seven of the cards we've looked at. So all it takes is. Is it'll apply to this one. One day you just won't have enough in your checking account. You'll do your fancy little thing. My tummy is grumbling. We've been here a year. We're gonna be here another year. And you say you're gonna pay this off by the time the deferred interest Hits. We'll see.

[B]

I'll come back next year, do it.

[A]

On the follow up channel 234.88 with the 14.68 thing just hit me. It's kind of cool that I get to be a YouTuber for a living. It's kind of weird. I just called out another channel for people to watch.

[B]

Which one?

[A]

Like the follow up channel that hopefully you're on. But yeah, yeah, that's cool.

[B]

That is like.

[A]

That's weird that you get to be.

[B]

Paid for this thing and they're both your channels.

[A]

That's so cool. That's so random. And so I'm dying. I'm seeing the like a little happiness. I think that you get a little glimmer of happiness before you the seven.

[B]

Minutes of your entire life.

[A]

14.68 cents of interest crewing. Okay. Pen Fed Credit union. Oh, this is a big balance. Yeah, they were getting smaller for a bit, but we're back. Pen Fed. And you're a fed, aren't you?

[B]

Stop it.

[A]

All right, listen up. If you've been following Financial Audit, you already know how serious I am about getting your finances in order. And that's why I'm pumped to tell you about something. I'm actually using Domain Money, specifically their flat fee CFPs. No hidden taquito fees, just real unbiased advice. Let me introduce you to Adriana Adams. Not only is she my certified financial planner, but she's philosophically aligned with what I preach here. And if you like my no BS approach on money, you'll love her too. And that's good news because you can hire her as well. So here's how it works. You can book a free strategy session with Domain Money and then pick Adriana or any of their other CFPs. From there, they'll dive into your finances, analyzing your spending, setting goals and building a long term plan tailored just to you. They're with you all the way through the whole journey. Not just dropping, dropping some cookie cutter advice and running off. And the best part, no predatory hourly taquito traps. It's a one time flat fee, no surprises. And if you need more help later, you can pay by the hour. It's as simple as that. Domain Money is helping me lay out my own long term financial plan. And it's honestly been a game changer. So if you're ready to stop making dumb, dumb money decisions, head over to domainmoney.com Caleb to book your first free session. That's domain.com Caleb. No fluff, no hidden fees, just real expert Advice to get your financial life in order. Go check it out. $3,500. You're at the credit limit. Oh, wait. Sorry, Sorry. So sorry. Sorry. Your balance is $3,375.33.

[B]

Did you get that book on Amazon?

[A]

What book?

[B]

That book.

[A]

What book?

[C]

The book you're writing in.

[B]

Yeah, I. It looked familiar.

[A]

Yeah. Don't open up the Amazon app.

[B]

Okay.

[A]

Minimum payment, 68 bucks. Okay. Interest, 10 bucks, 42 cents. 17.99. Interest. Some of these things. Okay. Is this new? Because it just started accruing interest. Maybe it's period end of like 0%.

[B]

Not too sure. I don't think so.

[A]

Again, you not even knowing brings me zero confidence that all these deferred interest ones you're going to take care of, by the time they're done, it's going to be the month of it. It's gonna be like, whoops, oh, Apparently I missed a payment a couple months ago, and now we're about to get Navy Federal credit, another Fed. $1,442 minimum monthly, 36, 51 $21 of interest. $10 to pay off. Our producers say we've crossed the half Tony basically at the credit limit. No surprise. It's kind of what you guys do. $173 of interest accrued this year so far. Another Discover. It. Oh, my gosh. Nice.

[B]

Sounds. Mine. Yeah, and that. That one's on the same promotion. Like, I have like a. It's either six months to a year and they're charging 9.99 interest. But Discover, I've been trying to call them, like, everybody, and Discover is, like, the only one that's really, like, wanting to help, I guess. But that one's on the same promotion.

[A]

Listen, there are some good companies out there. There are some good companies out there. Like, again, we work with. We. We partner with a bunch of people to, like, help in certain areas, depending on people's situation. We have the relief app, which will kind of do what you're trying to do with this, but with all your debts. And I recommend them for most people. But with you guys, you almost use these negotiations as a way where it's okay to spend more money in other places, which I, I would. I recommend them to most guests. I wouldn't recommend them to you.

[B]

It was recently, like, we don't spend on.

[A]

I wouldn't recommend it to you. Yeah, you have a balance of $2,880.07, $24.64 interest accrued. And yes, it's at that 9.99% and it's. And it takes 11 years to pay off City preferred card. I almost my energy is like running low. I almost just might also pay for you guys to sit down with a financial advisor at Domain Money. Just our financial advisor service that we work with to half of them just sort through all this for you guys. Yeah I'm gonna give my thoughts on it by the end but I think you're gonna need to sit down with someone our two hours or whatever that we're doing today. I don't think that's actually usually it's enough for someone's situation here. I don't think that's enough time for you guys. Like it's going to be well what is it going to be like five by the time we're done. And I want you to sit down with like real financial advisors so we might set that up.

[B]

I mean we're. We're willing like we already have our house. We have our car. Like we really don't need anything else like credit wise.

[A]

$715.33 of interest of a balance on here just on the credit limit and 18.22 is. That's the interest. The minimum payment is 35. We've had a late fee this year. Interest $118.76 Ah this custom cash from City. You're addicted to City $2,710.32 with a $92.67 minimum payment. I don't know how you guys are adding these at this point. All stacking up. Can someone back there start adding up all of their minimum monthly payments outside of their mortgage for me cuz it's going to take a long time. $65.67 of interest occurring. We've had two to three missed payments this year so far on here you are. It doesn't make sense that you were in charge of finances in any way and then you don't know your numbers at all. So it wouldn't have made sense for you to be in charge. But I wish we were talking because I think we could at least counterbalance each other and be like oh maybe we shouldn't be spending money when we can't make our payments. Then $564 of interest occurred this year. So far this is another city card. I'm gonna blow this place up. Chase Inc. An unexpected player has entered. Chase Inc. 300 144.84 with a minimum monthly payment of $97.00 $66.19 is acr. You guys still having fun? Cuz I want to kill myself. 19172 of interest this year so far. Down there. Best Buy. You both have a best buy then. Jeez for sake. You guys like apply together? Is that your version of dates? Is that your version of intercourses? Let's apply. Your cigarette after is applying for a debt. No, my cigarette. Ice cream. I crave ice cream.

[B]

Do you like sandwiches after? Sandwiches?

[A]

No.

[B]

No. I was just asking.

[C]

No clue.

[B]

Sandwiches after.

[A]

And you know what to do. Man.

[C]

That's not it.

[B]

He likes candy after.

[C]

Yeah, Sweets.

[B]

Sweets.

[A]

That's where I'm at. $1452.19. I also like to be left alone. But no one ever respects that. Part 47 is your minimum. Depayment fees. Fees. We're having fees. What's the fee? What's the fee? A fee this month. This month? This isn't even one that happened this year.

[B]

That one was the one that was put back. I thought it was the other.

[A]

Oh, so the other one wasn't put back?

[B]

No, that one is.

[A]

Oh, come on. 29 fees and $2 and 61 cents of interest. 30.49 interest doesn't even matter if this fee. Because you've had more fees this year so far anyway. 13.35 of interest this year so far. Oh. 191 to deferred interest. When does this end? When do you have to pay this off by? Oh, multiple deferred interests. Two deferred interests. When do you have to do it?

[B]

Is one May one?

[A]

Was the other February?

[B]

You would have it up next year. Yeah.

[A]

Apple me. 2,500. Numbers don't even look like numbers anymore. $2,556.02.

[B]

Oh.

[A]

$85 minimum payment. $59.28 of interest this month this year. $459.24 and a 27.24% interest rate. Okay. The even is this. Why is there overdue interest?

[B]

Overdue?

[A]

What is this?

[B]

Cash up.

[A]

Cash up? What?

[B]

Borrow.

[A]

Do you still owe this?

[B]

I don't think so. I think I paid that one.

[A]

Promise?

[B]

No, I don't promise. Oh, but no. I think that one's supposed to be due October 2nd, so that one's close.

[A]

But the whole thing.

[B]

Yeah.

[A]

Is it all.

[B]

Yeah, I don't pay it like weekly. I just paid off 175.

[A]

Foot locker. Oh, shoes we didn't have.

[B]

Yeah, my shoes. Yep.

[A]

$64.95. So your minimum monthly. Nope. That's your bi monthly. Your minimum monthly is 100 took every two weeks. 20. Look at the exact number. It's 129.9. Foot locker, 259.80. Is the whole thing bi weekly as well? Yes. Gymshark.

[B]

What?

[A]

The. Is a gym shark.

[B]

Oh, that's close. But workout.

[A]

But who's going to the gym?

[B]

I am.

[A]

Who's fresh in the gym?

[B]

So. I am. But congratulations. I'm gonna return those.

[A]

Since when? Oh, you gave up.

[B]

No, I'm returning them, like, for my money back.

[A]

Did you give up on the gym?

[B]

No, I just have clothes.

[A]

You down any poundage?

[B]

Yes, and I think. I think I. Thank you. And I think it wasn't making sense to buy clothes right now.

[A]

Sandwiches after. Not gonna keep.

[B]

Yeah, so I'm returning those. I already did the little.

[A]

Then I'm not gonna put it on the thing.

[B]

Okay.

[A]

What is this? Credit karma. Oh, oh, hold on.

[B]

What?

[A]

Open. Derogatory.

[B]

Oh, no, no, no, no. Wait.

[A]

T. Mobile collections.

[B]

Wait, pause, pause.

[A]

So pausing.

[B]

So that one was. That one was four years ago.

[A]

Okay.

[B]

But they keep, like, putting it on my credit.

[A]

Yeah, no, it was four years ago.

[B]

But I don't want to pay that one.

[A]

Why?

[B]

It was. It was. I want to pay that one. It was like, some family stuff. And I know they fall off after seven years.

[A]

Guess what, Guess what. Guess what. You still owe it. Okay.

[B]

Yeah.

[A]

Whether or not it's family stuff.

[B]

So I. I have tried to call to see if they'll lower it, and they gave me half off, but I just don't know if it makes sense to pay it off if it's going to fall off in three years. So I did want to ask you about that one.

[A]

That's not my top concern out of all these.

[B]

Okay.

[A]

That's not the. Yeah, you should pay it as an adult. But this is stacking up, so.

[B]

Yeah, they keep taking. So that one shows 2024, but it wasn't. It was four years ago.

[A]

900. I did not know showing up to this when I showed up to work today. 591 credit score. So round it up. Lakeview. Lakeview. What? Oh, mortgage. Oh, we made it to the mortgage. That means we're almost done with the debt. Holy house. How much is the house valued at right now?

[B]

315.

[A]

You think so?

[B]

Yeah.

[A]

$213 and 100. $213,000 and 166 and 14 cents. I'm saying that weird. I'm losing my mind. And a monthly payment.

[B]

1581.

[A]

1581. 63.

[B]

And that one's going to be Lowered next year as well.

[A]

Okay.

[B]

Because of Homestead. I didn't know about the homestead.

[A]

Yeah, yeah, yeah, yeah, yeah. Okay, let's see what we got. We got like a little camera thing. We got some tape. We got a fitness tracker, some vitamins, some flea and tick shampoo. Becoming a Supernatural book.

[B]

Yeah, it's a book. It's a book. Yeah. No, get the other book.

[A]

Are you capable of reading if you're buying a book like that?

[B]

Yes. But look at the other one.

[A]

Life of Game. Game of Life. Oh, Dave Ramsey.

[B]

Yeah.

[A]

The other ones don't any sense with that.

[B]

Yeah.

[A]

Cream of Nature.

[B]

Oh, that's your hair stuff. It's for his hair.

[A]

Okay.

[B]

He made that sound so nasty.

[A]

Dude, I just literally read the name of it. Some J earrings are even wearing them.

[B]

They're not.

[A]

Return them.

[B]

They're not earrings.

[A]

I don't care what they are. Return them. Burn them.

[B]

I already. I'm already wearing them.

[A]

Jump rope. You're paying for a gym.

[B]

Yeah, they don't have a jump rope.

[A]

You're paying for a gym. Return the jump rope. The Miracle Journal. Okay. There's nothing happening in your life. Air filters. Yeah, that's valid. The 44 laws of piece. What are we doing?

[B]

Are we buying so many. Yeah.

[A]

You are not reading a book a week.

[B]

I've been reading a lot though.

[A]

Not a book a week.

[B]

No.

[A]

Okay. Also, go to the library.

[B]

Okay. We don't have a library.

[A]

Evicted Property and profit. What are you reading?

[B]

So I'm reading it because I. I was looking up. Wait, I have a. I have a response. I have a response. So I'm trying to obviously get out of the mess that I've made. And I'm just trying to read books on this situation.

[A]

This is gonna get you into some 0% down real estate crap or something.

[B]

I don't know. I haven't read it.

[A]

I'm not surprised. You have a thousand billion books a month.

[B]

Yeah.

[A]

That's it. There's no more Death Game. Oh. An hour and 25 minutes. Okay.

[C]

Kind of mind blown a little bit.

[A]

Oh, we've got one more. What? What? What? What? What? Oh, no, there's not another death.

[B]

Sorry.

[A]

$202 is our balance in our second account. So I don't know how we're surviving. Overdraft says.

[B]

I told you they were bad.

[A]

You absolute. I've never seen $681 overdraft in a year. In a year. I didn't. You. You, you. It's not that they suck. It's not that they Suck. You're spending half of your income on fun. It's not that they suck. It's not that they suck. They don't do it to you. You did it to yourself.

[B]

They did.

[A]

Huh?

[B]

I said I didn't.

[A]

Need a juice box. $681 of overdraft in a single year. It's unheard of. $70.86 in overdraft this month alone. And mind you, mind you, this is well, on all those other cards doing this thing where we're transferring money from credit cards and off credit cards so we can avoid overdraft fees. So it would probably be double. It would probably be double. It would probably be double. I wore this nice little shirt to have a nice day. A nice good day.

[B]

It is a nice shirt.

[A]

All right, guys, I get it. You need more financial audit. So we've decided now in our membership below, you get two exclusives seen nowhere else. Uncensored financial audits. Oh, good. No way. Your couch hopping.

[B]

Places I like stay at for the job.

[A]

You're relying on bookings for a place to live.

[B]

Yeah.

[A]

Also, three post shows a week for every financial audit you're seeing right here on YouTube. In the post show, we have an extra 20 minutes for every single episode where we go into more drama that we didn't uncover in the original episode. We can't find you on Facebook. Did you block me on Facebook? No. No way. And then included in the membership, every every Tuesday, we have a member live stream where you come in, you hang out with us, we answer your questions, and the whole crew gets together. We play games, we mess around, and we chat with you. I have a pair of salmon shorts on that desk ready to change into right after this. So you dress like for the first time when you go on a date. Then there's always extra bonus things, like for example, an office tour. The team grew. We have to eat out of here now. So this was gonna be the fun area. Now it's not. We upload hours and hours and hours of extra content just for you. And it helps support the growth of this channel and the growth of this business. Join the membership link in the description below.

[B]

I like your shirt, but you ruined.

[A]

It with your overdraft fees.

[B]

I know. I'm sorry.

[A]

He. Oh, don't do this. Look at the. We're over drafting 700 a year and all these lines are purchases. You don't have an excuse to overdo for sake. We actually have juice boxes at this office. Wow. I'm sure this is way too calorically. Dense for what I am trying to achieve in life. Who would like a juice box?

[B]

Him over there. I appreciate it.

[A]

Going in, getting some bs Cash apping out. Amazon. Wendy's Dropolis. Cash apping out. Amazon. Mark's outing. TJ Maxx journeys. Cash app and out. PayPal. A farm. We're farming. Uber eats. Somehow we think we can afford UberEats when we have 700 in overdrafts in one year. Uber 1. Cash app. Uber eats. Apple cash sent out. Amazon. Kindle Cash app. Zelle. Amazon Cash app. Amazon Bath and Body Works. Huh? Bath and Body Works. Ulta. Thought we were done with Ulta. I thought we decided we were done with Ulta. Apparently, we're not done with Ulta. Apple Cash that out. That was your other thing. Apple Cash set out. Denny's Cottage, Irish pub, American perfume. Apple Cash set. Apple. Where's all the Apple Cash going? Where's all the Apple Cash going? Where's all the Apple Cash going?

[B]

Well, I have an Apple card.

[A]

Oh, no. But where's the Apple Cash going?

[B]

Apple Cash that's coming in.

[A]

No, no, no. Apple cash sent. 40, 100, 180.

[B]

Oh, that was his hair.

[A]

All three?

[B]

The.

[A]

Any three haircuts a week?

[B]

The 180 and then the other one.

[A]

You guys got me up to 90. Heart rate?

[B]

Do you have high blood pressure?

[A]

After this conversation? Chick fil. A PayPal? No, actually, I checked it out of curiosity. It was fine.

[B]

That's good.

[A]

But after this conversation, I don't know. Cash app. Sending money out. Church's Chicken, Chipotle. Overdraft fee. Overdraft fee, Cash app, and now Venmo. Payment good with the state. You have 255 in retirement. Thrilled. I've never been more excited in my life. As we're basically there. He's a saver. Didn't you know? He's a saver.

[B]

Well, he just started that job, remember?

[A]

He's a saver.

[C]

I'm a savior.

[A]

And you have 2,239 in this retirement account. I don't know. And then infidelity of 8,540. That's actually pretty okay. It's surprising. You're not putting anything in more than matches, are you?

[B]

I recently decreased it, and then I had another one. It was 5,000. It was a share. Works. It's investments as well. There was like, 3,000, 2,000, 4,000.

[A]

Guys, I've lost the budget and the chaos. I've lost it.

[B]

I saw it.

[A]

I've lost it.

[B]

This one?

[A]

Nope.

[C]

Oh, we ain't going to find it.

[A]

It looks like you took up so much space on my notebook you owe me a notebook.

[B]

That's why I asked where you got it from. Remember?

[A]

Total income 6,500. Debt minimum payments not including the mortgage. 2,918 me car assurances 100 total.

[B]

Yeah.

[A]

Flat.

[B]

Yeah well I paid it the six months but I'm probably not going to be able to do it this time.

[A]

When is it due?

[B]

December but I. I will.

[A]

How much will it be monthly?

[B]

91Amonth? Yeah. Yeah.

[A]

Okay. How much in gas? Vroom vroom. Drive, drive.

[C]

140. 150.

[B]

Not to probably 140 together.

[C]

All together, yeah.

[B]

Phone bill 160.

[A]

Switch the helium. 20 bucks a month. What are we doing? 15 isn't it? I don't even know anymore.

[B]

I think it's 20amonth but we owe on our phones.

[A]

Okay, once it's paid off, how much then? What was it again?

[B]

160 for five lined though.

[A]

Okay, there it is.

[B]

House 1580.

[A]

1580, 63.

[B]

And that's utilities 160 C. Electric 110 water. What else? Internet 52.

[A]

Gas.

[B]

That's included in what in the electric?

[A]

Oh, 322. Okay. We should be able to do groceries for about 900amonth. Meal prepping. Meal prepping a couple times a week. For example my second in command over there, you know disgusting thing I learned this is like more than I would suggest but he meal preps for two weeks at a time. He eats two dinners a month. But you can do that if you have a goal you can do that.

[C]

Makes a good idea.

[B]

Probably smells like refrigerator right by that time.

[A]

So 900 for groceries we should be able to do follow the meal plan in the budgeting program, tweak it to your needs. TP fund cuz the kids it gets a little harder. Probably about 200 bucks. Anything else you need? This could be sports equipment. You know, save fill one month, spend it the next. You know, whatever you need. Co pays do we have around. How much is the gym?

[B]

It's 28 but it's paid for the next three months.

[A]

But it's normally 28.

[B]

Yeah but I don't have to pay till January.

[A]

Okay well that's gonna come before you know.

[B]

Yeah.

[A]

This is a long term thing we're dealing with.

[B]

That's including my training. My training's covered.

[A]

Any prescriptions? No dogs? Pets? I did see a thing. How many?

[B]

Three. It's probably 60amonth.

[A]

In what?

[B]

Dog food freely wolfly and tickets More. Yeah.

[A]

Cheap food.

[B]

It's probably a little bit more than that, actually.

[A]

I'm gonna put 100, and I think that's still conservative, but if you're doing it right, I would do pet insurance. You just can't afford it. But if one of them gets sick, I don't know how you can afford anything. What else needs to be in your budget?

[B]

A lot. I have a list. I'm sorry, What? So I have a mutual fund for both kids. That's 25amonth.

[A]

Nope.

[B]

I take it out.

[A]

Yep. That's not anymore.

[B]

I pay on a plot of a funeral. Plot.

[A]

What? For who?

[B]

For us. Like.

[A]

Oh, cancel it. You can restart it eventually. You're gonna live a long time, statistically.

[B]

Okay.

[A]

Okay. Canceled. Next.

[B]

My dad's headstone.

[A]

Is that. Is he dead?

[B]

Yeah.

[A]

Oh, it's financed?

[B]

No, I just. Oh, it's like 40amonth.

[A]

So. So it's a debt.

[B]

Oh, it's just a contract. I just have.

[A]

How long?

[B]

Like two years. I pay 40amonth.

[A]

Okay. What else? That is. Why. Why do I. Wait. Why is there so much paper there?

[B]

It's all my debt as well.

[A]

Oh, okay. You can take a tissue.

[B]

And then life insurance.

[A]

No. Okay. Not through work.

[B]

No.

[A]

How much is life insurance?

[B]

62.

[A]

Okay. It's not bad.

[B]

And then HOA.

[A]

One second. The headstone's 20. 40. HOA. Yeah. How much?

[B]

26Amonth.

[A]

Okay.

[B]

And then trash is 26amonth.

[A]

Oh. I would have put that in utilities, but that's fine. Okay.

[B]

That's it.

[A]

Okay. Nothing else needs to be in your budget?

[B]

No.

[A]

Are you okay not doing the. The I get the headstone thing? Where. Are you okay not doing your own grave yet?

[B]

No, because it's under my desk.

[A]

That's. How much was it?

[B]

It's like 150amonth.

[A]

Oh. For how long?

[B]

I think like five years.

[A]

Oh, okay. Let me see. Let me see what I can do. And how far are you into that?

[B]

Two.

[A]

Okay. That's okay. I get it. I get it. It's very hard. When did you lose your dad?

[C]

About three years ago.

[A]

I'm sorry. That's really hard. Okay, here's the reality. We've just dug ourselves. You could do. I want you to be able to do that. And we could do that so easily if not for the $2,918 in minimum payments on all the other loans. That's the thing. We've put ourselves in such a big bad situation that now you're not able to do the things that matter to you because we're prioritizing our spending and just having fun living life. Right. So combine everything that you need to survive plus that plot $6,739.26 we need. Now your bonus doesn't always come in, so it's more $6,000 a month plus the bonus hits. So really we need to minimum make an extra $739.26 a month. And that is someone is picking up a part time job somewhere. But that makes no progress, to be clear. So let's say you make an extra thousand dollars a month after taxes. So 225 can go to the debt. The debt, not including the house was 80,000 bucks just about. So let's just round this thing that takes 320 months to pay off or 26 and a half years.

[B]

Well, he is going to get a bonus.

[A]

I mean and bonuses are good.

[B]

Well, it's an extra 101amonth. So that's coming in October.

[A]

Okay, that helps. So we still need to make even. Still, I mean, even with that, you know, I'm, I'm assuming an extra thousand. Right. And it still takes 26 and a half years to pay off.

[B]

Yeah.

[A]

And that's unacceptable. We can't do that. There's no retirement, there's no college fund, there's no mutual fund for the kids. There's no, there's nothing there. So what I'm happy to do as you guys are looking for an extra job, if you guys want to increase your resume at all. When we, because someone's going to get a second job, one of you is this is flat out or you guys are going through bankruptcy. Which one? And bankruptcy is expensive. It costs thousands of dollars and a lot of time and a lot of stress.

[B]

Can you even do that with the mortgage?

[A]

Well, no, we're gonna make sure that yes. There's definitely, there's variations. You can go through. You can still keep the car, you still keep the house.

[B]

I don't.

[A]

But it starts getting. Yeah, it really does. It is stressful. It's expensive, but it is an option. There's also the go make more money option.

[B]

The most I can work is 45 with my job at least. So I know If I do five and five, that'll bring in 300 extra.

[A]

There is also again, there is the, the relief app option we talked about. So there's a lot of options here. You're going to sit down with the financial advisor. They can go over different options. There's also the option and I hate this option. But don't pay on anything, let it go into collections. But technically some of these, especially some of the bigger ones, they legally can go after you if they actually want to and take you to court. They can. Many don't, but they can. And you're really rolling the dice with this many individual debts. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 deaths because two were closed. You said 32 deaths. There's one other episode that has just about as many deaths, but you definitely have the largest balance with those amount of deaths, I think. So I need you to sit down with those advisors because you're gonna have to go through multiple meetings going over this. We can't solve this here sitting down here. The budget, sure, we can do that. And you can get set up with the education and the resources and we can at least keep you, we know that we can keep you afloat, living on the minimums and bring in an extra 250, 50 bucks a month. We know we can keep you afloat, earn an extra 500 bucks a month. We know we can do that. So that's important to learn from this conversation. The bet, the debt payoff strategy we don't fully have. If you go bring in an extra $2,000 a month, you know that leaves an extra thousand $500 left over of the $80,000 of debt.

[B]

And we do have like 5,000 coming in from the homestead.

[A]

And these are backtracking, these are great, but these are one time things. But even still with the extra thousand five hundred dollars a month after your living expenses is still 53 months to pay off. Make sure I did that math right. 53 months to pay off debt or 4 1/2 years. And that's working your ass off for an a crazy amount of times. There is one option and this one's hard because you have such a great rate and you're building, you know rent is going to be comparable to your mortgage payment. But how many rooms do you have with two square footage, five, 24. That's actually pretty darn three bath. Gosh. Because you could live in a two bedroom for what you pay, but if you sold your house, took out, you know, you sold it and used a hundred thousand dollars of that, you know, you'd be debt free with $20,000 going towards the down payment on a new home. And that's, that's a way to clear this up and start fresh as well. So there's options here. Which one is right for you? I really want to mull this one over because there's so much life dependent stuff and I think you need to sit down and have like multi hour long conversations because this is gonna be a path, this is gonna be a fight journey. But I'm glad we at least know you need to go right now. Make an extra $250 a month right now. Like I said, I'm happy to gift a course career certification, go through the quiz, figure out what makes sense for you and they'll attach you with one and then we'll pay for it, put it on your resume, get another job. It's just a second part time job and with that and following the budget we can at least break even. So our debt's not going up. Right. But I'm sorry guys, that's, that's kind of, it's kind of where it is today. It's kind of where it is today. There's a lot of options, some of them long, some of them a lot of work, some of them giving up which I don't like. Some bankruptcy which is expensive and stressful and some are selling the house which I also don't love. There's a lot of options that I don't love but many of them do work. What's right for you is going to have to be determined.

[C]

Okay, I agree.

[A]

So we're going to go into the post show. I want to hear some interesting things about your job. But we also have more, much more. We know about you guys through the producers and they're going to come in and you know, it's usually where we save some of the dramas for the post show.

[B]

Okay.

[A]

And the numbers for the main show, I mean your Hammer Financial scores is the real estate plays into it. Okay. Spending a budget, you overspent. It wasn't even close. 0 out of 10. You have collections. So debt 0 out of 10. Emergency fund. There was one. Nothing's there. 0 out of 10. Your retirement not horrible. Your retirement is a joke. So together I'm gonna give us a retirement. 3 out of 10 real estate not having an emergency fund hurts kind of, but just the real estate itself with the equity position and everything. It's good, it's in there, it's happy, it's an 8 out of 10. Okay, so hammer Financial Score real estate really pulling its weight. It's gonna be two and a half out of ten.

[B]

That's fair.

[A]

Join us for the Post show link in the description below. Make sure to check out our investing and budgeting class, which are bundled at a 15 discount down there as well. I'll see you guys in the Post Show. Today on the Financial Audit Post Show, I noticed on a few of your your credit card statements you have cash advance balances in addition to your purchase. Your cash advance advancing. Oh, you're cash advancing.

[B]

Was that the Cash App one?

[A]

No, no cash advancing. You're taking cash from your credit card. I'm not like trying to call you a liar. That's the only way that those balances can. You're destroying yourself. Yeah, I'm gonna every infinity stone Besides payday loans, I think. To watch the Financial Audit Post show, click the join button below.