I Had To Kick This Dipsh*t Off Financial Audit

Summary

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Financial Audit – "I Had To Kick This Dipsh*t Off Financial Audit"

Host: Caleb Hammer
Guest: Benji, 25, Los Angeles, CA
Date: April 23, 2025

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Episode Overview

In this bracing installment of Financial Audit, host Caleb Hammer sits down with Benji, a 25-year-old aspiring entrepreneur and city contractor from Los Angeles. The episode, tinged with frustration and brutal candor, swiftly unpacks the chaos behind Benji’s finances—uncovering persistent overspending, mounting credit card debt, and a lack of financial discipline. The conversation ultimately derails, leading to Caleb dismissing Benji from the set, a rare and dramatic move for the show.

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Key Discussion Points

1. Benji’s Job and Income Realities

• Main Job: City contracts (hourly, variable schedule) and side hustle in classic car restoration.
• Wages: $26/hour, averaging 30 hours/week.
  • Monthly take-home: ~$2,400.
• Challenges: Inconsistent hours due to unreliable transportation (his car, and even his grandmother’s backup, frequently breaks down).

“You want to work 40 hours a week because you make hourly.”
—Caleb (03:48)

2. Cost of Living Versus Spending Habits

• Benji claims to “cut corners,” especially on food, yet…
• Spends $800/month eating out (frequent Uber Eats and fast food), despite saying he has “no crazy appetite.”

“You spend 800 going out to eat…shut the f*** up.”
—Caleb (04:39)

• When pressed about meal prepping, Benji, self-described former chef, insists he lacks time and motivation, which Caleb contests as a rationalization.
• Total monthly spending: Approximately $3,300—about 37% more than his income.

"You spent 37% more than you make on a monthly basis.”
—Caleb (11:00)

3. Rent-Controlled Apartment and Living Arrangements

• Benji lives in a long-held, rent-controlled Pasadena apartment ($972/month), inherited through his family.
  • Apartment has mold and is below code; landlord passed away, property now managed by a company trying to buy tenants out.
• Offered buyout: $40,000.
  • Caleb walks Benji through what would happen with a buyout, exposing that Benji’s plan would only cover a few months’ rent at prevalent LA prices, likely leading back to hardship.

“You have about six and a half months and then you drain your emergency fund and then you’re on the street.”
—Caleb (22:09)

4. Debt: Credit Cards and Installment Payments

• Credit Card Balances: Multiple cards over the limit, past due, with exorbitant interest (up to 30%).
• No consistent payment strategy; some cards are months behind on minimums.
• Additional debts via Affirm (for PC parts, groceries, other non-necessities).
• Rationalizes missed payments: Claims to be focusing on higher-interest cards; admits to never “getting around” to paying.

“There is not a debt payment strategy in the world that says don't pay [a card’s minimum].”
—Caleb (55:46)

5. Side Hustles and Entrepreneurial Overreach

• Multiple entrepreneurial angles: classic car restoration, EDM lifestyle media/clothing company, gold prospecting, Pokémon card investing/reselling.
• Track record: None have proven stable or lucrative; for example, two years of the EDM brand yielded about $2,000 in profit (mainly from a single copyright-edgy shirt design).
• Pokémon investment: $2,400 invested, self-values at $4,500—unsubstantiated without actual sales.

“You have no focus. You try a thousand different things and you're going to be trying a thousand different things until you never find one your entire life.”
—Caleb (74:15)

6. Chronic Defensiveness and Lack of Self-Awareness

• Benji consistently downplays the severity of his situation, defaulting to anecdotes about others ("other people do this"), comparisons to friends' struggles, and justifying reckless behaviors as "cutting corners".
• Caleb’s Breaking Point: Host becomes exasperated by Benji’s refusal to accept responsibility, defensiveness, and repeated rationalizations.

“You justify everything. You will not listen to one thing. This is unproductive. And I'm done.”
—Caleb (86:32)

7. Notable Final Revelations

• Benji is two years late on his taxes (revealed by show staff at the end).
• Caleb, overwhelmed and dissatisfied by Benji’s lack of actionable insight or accountability, asks Benji to leave before finishing the audit—a show first.

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Memorable Quotes & Moments

• On false frugality:

  “I'm cutting corners on eating…I don't even eat much.”
  —Benji (04:34)
  “Shut the f*** up. $800 going out to eat.”
  —Caleb (04:39)

• On the 'goal' of entrepreneurship:

  “That’s the goal again.”
  —Benji (84:57)
  “There is no goal. You have a thousand goals.”
  —Caleb (85:06)

• Deflecting responsibility:

  “I just didn't get around to paying that one.”
  —Benji (56:20)

• On comparing to others:

  “I feel like a lot of people also do [this]…”
  —Benji (52:06)
  “I don’t give a f*** what most people do. This is your life.”
  —Caleb (51:17)

• On the market for Pokémon cards:

  “Everything I've invested in, I've made money on.”
  —Benji (66:50)

• Caleb’s breaking point:

  “You're insufferable. I'm sorry, you're insufferable. I don't like you. I've officially decided I don't like you.”
  —Caleb (64:02)

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Timestamps by Segment

• 00:59-02:40 – Early sparring on attitude and spending, Benji’s job details
• 04:34-06:39 – Food budget contradiction and Benji’s eating-out explanation
• 10:15-14:48 – Surviving in LA: Rent-controlled apartment, buyout offer
• 18:02-24:23 – The $40,000 buyout fantasy, whiteboarding disastrous “plan”
• 34:53-41:54 – Attempts at side hustles; meal prepping debate
• 50:10-54:00 – Credit cards: overlimits, rationalizations, and missing payments
• 60:18-63:38 – Job market delusions; arguments about LA wage data
• 64:02-75:57 – Pokémon and other speculative investments picked apart
• 82:26-86:32 – Final audit: overdue Affirm/Target/Amazon, confrontation escalates
• 86:32–end – Caleb asks Benji to leave the set; emotional aftermath

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Summary & Takeaways

• Benji’s financial situation is dire: Overspending, persistent credit card abuse, and a total lack of accountability dominate his finances.
• Skillset mismatch: He undervalues the importance of reliable employment and overvalues unlikely entrepreneurial success, defaulting to compare himself to peers rather than data or best practices.
• Host’s frustration reaches a show record: Caleb’s tough-love ethos turns to outright dismissal, foregrounding just how little progress could be made with a guest so unready to change.

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Tone & Language:
Caleb is blunt, exasperated, and at times openly hostile, seeking to break through Benji’s defenses. Benji remains mellow, rationalizing and minimizing, rarely acknowledging error. The episode is fast-paced and packed with sarcasm, direct insults, and moments of gallows humor.

For Listeners:
This episode is an unvarnished look at denial, rationalization, and the limits of financial advice when self-delusion reigns unchecked. It’s a tough listen—but an instructive one.

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Transcript

[A]

Support for this podcast and the following.

[B]

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[B]

Everything I've invested in I've made money on. Like if you check my Robin can't acknowledge you're wrong.

[A]

You're an absolute dumb when it comes to all of this. But did you come here and think I was gonna stroke your little egotistical entrepreneurial?

[B]

I feel like some of it's justifiable.

[A]

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[B]

Hi, my name is Benji. I'm 25 years old from Los Angeles, California, and this is Financial Audit.

[A]

Thanks for coming in, man. I know it's a decent trip there. What do you do in LA for a living? It's an expensive city.

[B]

Yeah, no, it's rough. But I definitely have a job I absolutely love working at right now.

[A]

I definitely have a job. Good.

[B]

I do. I do have a job. If I wouldn't be a little bit of a problem, I kind of do like classic car restoration as well as contracts for the city. Little bit of both, kind of depending on the day. But mainly the contracts for the city are what brings in the money. We're trying to do a classic car restoration business kind of on the side of it, so it's super fun. I'm trying to get. Trying to get more into like the mechanic side of things.

[A]

You look like the man version of the alien that makes the clones that Obi Wan talked to in episode two.

[B]

I'm just starting to watch Clone wars, like right now. That's actually so funny. You bring that Up.

[A]

Maybe that's why it's. You're converting into one. Okay, so how much do you make in this job?

[B]

I make 26 an hour. And then depending on.

[A]

Depending on, though. It's so expensive. How many hours a week do you work?

[B]

I try and get to 40. I kind of struggle getting to 40. Right now. I feel like my car has been kind of stopping me from doing that. I just have. I'm actually, like I said, I am a mechanic, so I've had water pump issues. I change. A PC mechanic. Yeah.

[A]

It still gives you an upper hand.

[B]

Yeah. But it still costs money to actually get those parts. It does.

[A]

So what's wrong then? What's. What's. It's undrivable Sometimes.

[B]

Some, yes. Actually, it has been. I wouldn't say often, but I've had to borrow my grandma's car.

[A]

Oh, well, there you go. So what's the issue then?

[B]

That one also broke down on me. So. Yeah.

[A]

Your work's not upset of you. Just like, guy endlessly like, oh, can't come. Oh, can't come.

[B]

I mean, they're super understanding. That's the good thing.

[A]

Yeah, but for how long? Oh, can't come.

[B]

Yeah, we'll see about that. I mean, like I said, those contracts are actually like set in stone. So there's not actually a time where I like have to be there 40 hours a week. It's more for my sake, like having to make the money, actually. You know, obviously I should be working 40 hours a week, but they actually don't require me to do like, too much on, like on hand, actually.

[A]

Yeah, but you want to work 40 hours a week because you make hourly.

[B]

Yes.

[A]

If not more. So what hits your account on a monthly basis then? How many hours a week are you on average actually working?

[B]

On average, I get around 30.

[A]

So in LA, I filmed with two people ever from LA, both 30 hours a week in the $20 range, in the 20s per hour. How the are people surviving?

[B]

Definitely. I feel like it's just a little bit of like, you know, finagling, Finessing a little bit here and there.

[A]

Finagling.

[B]

I feel like if you cut corners in certain spots, you can, you know.

[A]

Cutting corners. What are you cutting corners on?

[B]

Like, you know, I mean, I don't really, like, I don't feel like I have like a crazy appetite. Like, I feel like I don't eat too much.

[A]

You spend 800 going out to eat. Shut the up.

[B]

I have like one good 800 hours.

[A]

Going out to eat. Shut the up. 800 hours going out to eat. Shut the up.

[B]

So, yeah, I'm not really sure what the cutting corners are. I mean, I know there are definitely immediate backtrack.

[A]

Okay, yeah, yeah. I looked at the spreadsheet as I was sitting down. 800 hours going out to eat, basically. I mean, yeah, I'm cutting corners on eating. I don't even eat much. Spends $800 going out to eat. What the fuck?

[B]

I would have been spending a lot more if I actually ate like, a full three meals a day in LA. I feel like it would be probably like $2,400 a month. Or you could grocery shop. I feel like I do grocery shopping from time to time. It's just from time to time, I.

[A]

Feel like I do go, what the. What do you say, buddy? I don't want to brutalize you out of the gate. What is. I feel like I grocery shop. Like, I feel like I grocery shop. Or even worse. What is the. Yeah, I'm cutting corners to actually, you know, make things work as. And I'm not really eating chocolate. That's not true. Immediately. That's the one thing I looked at as I sat down. Other than that I'm going in this blind. But I was like, I'm curious, what is this dude eating out? You know, what is this dude eating now? I don't know why. Usually I actually don't look at that, but while I'm sitting down. But I looked at it specifically, and it had to be the one thing you immediately just try to bullshit on. Come on, you're sitting here. You came from la. What the.

[B]

Yeah, I mean, you know, I was. I feel like. I feel like food is one of the things that is like, kind of like a. You know, like, you get a little bit of a Excuse, a little bit of a pass on it. I was a chef, and, you know, I feel like it is like I can cook. I was a chef. Yeah.

[A]

I mean, are we talking Applebee's or what are we. What are we doing here? You're 25.

[B]

It was an Italian restaurant. I mean, if you want to actually know the name, you know, I don't.

[A]

But I'm assuming it's Olive Garden.

[B]

It was not. It was. It was fine dining. It was. You know, I learned how to actually do proper prep and, you know, make good quality food.

[A]

But sure, sure. Which means you could cook at home is what I'm hearing, versus I'm a chef. So that excuses me to go get Mc McDonald's every day.

[B]

It's the time that takes to Actually make those meals. I feel like meal prep. Who likes meal prepping and reality?

[A]

No one. Who likes dying in poverty? Apparently you.

[B]

I wouldn't say I'm dying yet, but, you know.

[A]

Yeah, but you're on your way. You're mid-20s. You're going to be the person mid-30s who can't afford. Well, you're the person in your mid-20s who can't afford a car repair. That is the car that gets you to the job, that gets you that hourly pay because you live in a driving city. So I think you've already put yourself in the cycle of you.

[B]

I don't think so. I feel like. What?

[A]

What?

[B]

Oh, I feel like. I feel like being on defensive.

[A]

Defensive, man. Okay.

[B]

Being on the edge right there is like, a smart thing to kind of, you know what?

[A]

Like, being on the edge of what?

[B]

Like, I feel like it's fun.

[A]

It's kind of like fun not being able to get to work. Hi, boss. I can't come in.

[B]

I mean, that part's interesting, you know, but it's, you know, what an edge. That's so good at that point. Like, oh, okay, I think my car broke down. Now I got to figure out how to make that extra money. How do I get a little side hustle going? How do I, you know, why make your life.

[A]

Why make your life hard mode? I don't understand. It's a video game.

[B]

Put myself on, like, hard mode. But I feel like, you know, you're.

[A]

Saying it's interesting, it's fun. What are you talking about? It's not fun to. Well, I'm assuming you probably spend more than you make on a monthly basis. You're on the show, so you probably do. I'm assuming you have a lot of bad debt. You do. Okay. Yeah. That's fun. What's your retirement?

[B]

I feel like I don't have any retirement.

[A]

Oh, so fun.

[B]

I feel like it's a. It's a good challenge. Like, let's say, you know, it's a.

[A]

Challenge, but you're not trying to complete it.

[B]

I would say that I am. I would say if I looked at myself from a. From like a two year past standpoint.

[A]

To now, why the fuck are you here? Huh?

[B]

I definitely feel like there's change that's possible. And I always feel like everyone's capable of change. So I definitely think, like I said, from two years to now, I have changed so much. For sure. So worse. No, for the better. Absolutely. For the better, man. If I came on this show two years ago, it Would have been. It would have been terrible. I feel like I wouldn't even have known what to even.

[A]

Cool. How much did you spend last month?

[B]

Last month, I would say probably like around 2000 or 3000. Hmm. 2000 or 3000.

[A]

Okay, so what hits your account on a monthly basis? Let's start there. Yeah, I mean, what cash is being deposited, by the way? Because there's cash being deposited.

[B]

So that was a Zelle payment, if I'm correct.

[A]

Nope, that would be Zelle. What cash is being deposited?

[B]

I'm not even really sure what that cash deposit is.

[A]

Okay. I had $1700 hidden in your account.

[B]

From.

[A]

What looks like your income. What hits your account on a monthly basis with your income?

[B]

Depends, like I said, on the range that I work.

[A]

Yes. I'm average guy.

[B]

I would say like 2,400, something like that.

[A]

Okay, 2,400. Let's say 2,400 hits your account on a monthly basis and you think you spent 3,000.

[B]

Yeah, about something like that.

[A]

Okay. Which is you improving, I feel like, from before.

[B]

Absolutely.

[A]

So we're gonna pat ourselves on the back for overspending by 600.

[B]

Woo.

[A]

I'm destroying my life. But at least it's not. What? What are you talking about?

[B]

I mean, I feel like that's kind of a valid argument.

[A]

No, it's not a valid. Okay, then you're never gonna get anywhere then. I don't know what the talking about.

[B]

I feel like there are people that are in worse situations.

[A]

There are. Why does that mean you can be in a bad situation, but because it's not the wor. Your situation is all of a sudden good? It's not. Why is you not living your best life? Okay. Because other people have it worse.

[B]

I'm not saying my position's good, but I'm not really.

[A]

You just said it was a valid argument.

[B]

It is a valid argument. I'm saying it's not a bad position, but it's not good. I'm not sitting here saying like, it.

[A]

Is a bad position. You spent more than you made. You spent $3,304. So if 2,400 comes in, you spent $900 more than you make on a monthly basis. In fact, of the 2,400 that comes in, you spend 37% more than it comes in. You spend 37% more than comes in on a monthly basis. And that's not bad. The is la.

[B]

I feel like we can both agree on that one for sure. Louisiana is definitely.

[A]

What are we talking about here today?

[B]

Guy, you know, I mean, I just feel like I got it like a. I feel like what I mean by, like, living on the edge. I feel like I have like a nice, complicated.

[A]

This is obsessive edging, dude. What are we talking about? Tell me, what are we looking at today? What is your life?

[B]

I have a pretty complicated living situation. So I feel like, you know, at the moment it's actually not bad, but, you know.

[A]

Okay, what. What's going on?

[B]

I feel like if I have to. If I were to have to move, I feel like it would get a lot worse right now. But at the moment, my living.

[A]

What does that mean? Are you like living with your parents or something?

[B]

No, I mean, I live. I'm kind of living in like a family apartment. So, like, I've had this apartment in my family for like 30 years.

[A]

Rent controlled.

[B]

Yeah. So my dad lived there since he was man 20 with my mom, and then my brother moved in.

[A]

And no wonder they don't build housing there. Who would have thought? It's almost like the places with that policy have the most expensive rent.

[B]

Yeah. So anyway, I had just actually gotten back from the States or to the States, and I ended up taking that apartment. So I've been in there ever since. And it's amazing rent. It's super cheap and everything, but.

[A]

Good. Then why would you leave? What's the complicated part?

[B]

There's. I believe there's some mold growing underneath in the basement.

[A]

Have the landlord take care of the mold.

[B]

So I actually contacted the landlord. They had an inspector come out and they were like, all right, yeah, we need to check this out. We're getting onto something and nothing's happened. I've hit. I contacted the landlord again. It's actually not the landlord, the initial landlord that I.

[A]

Well, they're honestly probably legally incentive to do so, but because of your situation, they are not financially incented to do so.

[B]

Exactly.

[A]

Which usually produces worse housing.

[B]

You're right on the money. Yeah. So at the moment I had that landlord that we had known from the family for like 35 years. And he actually made a deal with my dad when he first moved in. Like, hey, I know that, you know, you have a lot of properties to manage. He was managing like 15 properties. So he was like, hey, I can do the maintenance for this place. So if any of the tenants have plumbing issues, whatever it is, I can handle it. Just give me a little of a break on the rent. So that's how we actually got that little.

[A]

Obviously your dad has failed.

[B]

There's mold growing well, yeah, I mean I feel like once he moved out obviously it got a little.

[A]

When did he move out?

[B]

15 years ago. It's been a while. My brother. Oh my brother moved in. So yeah, it was my brother moving in and then I moved in after, so. And you know, I've done what I could to, you know, help with the financial stuff. I mean not the financial, the maintenance stuff as well. And we've always told the landlord like hey, if there was something that we can't handle, we'll hire a plumber or an electrician and then send the bill to you. So our landlord was super cool and understanding this whole time, but he recently passed away and the kids took old. No, just from old age. Thankfully he's got up to like 95. So he had a good life. But his kids took over the company or took over his property management and he didn't, they didn't really want to do it. It was a lot. So they signed it over to a property management company.

[A]

Oh yeah.

[B]

And that person, you know, they've been trying to sell it for a while and the kids have been trying to sell it.

[A]

Well who the would buy it again?

[B]

Nobody. It's been listed for.

[A]

You're in a city that discourages housing being built. A city that discourages new units being open because your family just stays there for generations. Discourages actually keeping the properties up into current repair. Cuz why would they. And now discourages them from selling the property to people who might actually want a management. Yes. What a very productive city.

[B]

Yeah, nothing's even up to code in that house. Like nothing's up to code.

[A]

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[B]

Now if I do sell it, they've offered a buyout. So I would buy out of your lease? Yes. So would you take it?

[A]

Why would you take it though? You have the legal protections. Like again, you are incentivized, you're hurting the market, you're hurting other renters, but you are incentivized to stay there as low as you can.

[B]

Yeah, and I plan on staying as long as possible, but at the same time.

[A]

So why would you accept their buyout?

[B]

Because it seemed like a sizable buyout.

[A]

What's the buyout? Do you know the buyout he offered?

[B]

$40,000.

[A]

Yeah. Cuz I bet it will jump up to like, well, what's your rent?

[B]

It's 972. So it's the cheapest rent you can get anywhere in la. So they're kind of like, hey, you got mold in your basement but the rent's 972. So you kind of.

[A]

There's still legal obligations.

[B]

Oh, I agree. You know, and I, I'm sure if I had the knowledge and the skills to actually take legal action, I'm sure there would be something I could do. But you know, 25 year old living in LA, I'm not really, I'm not a lawyer.

[A]

So what are you going to do? The 40,000. How quick, how quick will that go though if you all of a sudden I have to get like the median rent. We looked up one bedroom median rent for the episode we filmed for L a little bit ago and one bed for the L A Metro, meaning even the furthest edges. I don't know what part you live in, but it's $2,000. So that's, I mean just the $40,000. $2,000, I mean that gets you 20 months of rent So, I mean, that helps. Then they're telling me you apparently live in one of the nicest areas. So we're looking at like 2600 for just something mid.

[B]

So I live in Pasadena, which is one of the nicest and most expensive areas. Surprisingly. I have a very cheap apartment that's not nice and expensive. But I actually work in Walnut near, like, city of industry. And that's a lot of it more cheaper, like, not fully developed area. So if I were to be bought out, I would most likely go there and probably get somewhere around that area where it's a lot cheaper.

[A]

Well, I want to see what someone. Someone who gets into these kind of bad finances. Someone who spends way more than they make on a monthly basis. $40,000. That'd be a lump sum. Obviously, rent's gonna go up, but I wanna see how you think you'll pay. Can I whiteboard this? I wanna whiteboard this. I wanna take a little look. And we're actually just gonna film behind you as well so that the audience can see it. I wanna see what you think $40,000 would go to Draw out for me your game plan of how you would use $40,000.

[B]

Okay. So sorry, let me keep close here. So we got 40,000.

[A]

40,000.

[B]

Probably start with some car repair. Actually. Probably start by paying off any of the debts. So whatever that would be. I would probably allocate like $8,000 to all of that take off debt.

[A]

Oh, so you're immediately fixing your debt without fixing your behavior that got you in the debt in the first place. Okay, great. And then that's gonna turn out so well. It's always turned out so well in the history of this show.

[B]

Gonna get the living situation set in stone.

[A]

So 2,600 for your area if you want to stay in the same area.

[B]

For the first month at a minimum. And a minimum first. So let's say closer to three, probably. 3,000.

[A]

Great. So that you make $2,400 a month. This is off to an amazing start.

[B]

So our department. And then we'd repair some. Probably repair the car so we wouldn't have to worry about that anytime in the future.

[A]

Okay, you put $3,000. That's one month. So this $40,000.

[B]

So this is. I mean, I still have a job, so, you know, get moved in, get.

[A]

Sentenced, make $600 less than your rent.

[B]

Yeah, but, you know, at the. You know, getting my girlfriend to. Actually, we have. We're splitting bills and, you know.

[A]

Okay, what does she make?

[B]

She makes 22 an hour.

[A]

Okay. So 75% of your household income goes.

[B]

To rent and then. And being able to.

[A]

So you're covering one month rent.

[B]

So if we.

[A]

If we're at 12, we're at 11,000 so far.

[B]

I feel like that's a lot of money left.

[A]

It is. And so it's one month of rent.

[B]

Yes. And if I were to move somewhere that was closer to my work, I feel like I would be able to work a lot more hours. I wouldn't have to worry about my car breaking down as much because it's a 40 minute drive to work that actually is very hilly.

[A]

Keep going.

[B]

It does a lot of damage to the car. Yes.

[A]

Hills in LA we would have never thought. Keep going.

[B]

So I would say the car repairs would probably be around $1,600.

[A]

So car repairs reminder, you're 3x in your rent even though you can't pay for that $1600 in car repairs right now.

[B]

Mm. And I would get. So we're at 11,000, 12,600.

[A]

So, I mean, I'm questioning the schools in L. A right now. Yeah.

[B]

Have a good amount of emergency fund. Could probably even put like $20,000 to an emergency fund or something.

[A]

Sounds lovely.

[B]

Yeah. So let's do $20,000 for an emergency fund.

[A]

In reality become 43,000 or at 23 or 33,000. 33,000. 33,000 was the next seven.

[B]

Seven would final seven probably be. Let's see. I mean, it would probably be smart to put, you know, more allocated money towards rent and stuff.

[A]

Like you said, two months in a week.

[B]

I mean, it's something. It's definitely better than one month.

[A]

What happens during month four?

[B]

Well, by that time I will have, hopefully, you know, I have my emergency fund and I'm hoping that I'm working.

[A]

So you drain your emergency fund over the course of. Buddy, see the flaws here? I think even though that system again, encourages behavior that everyone else. You are in a system where if you are selfishly taking care of yourself, you should probably stay there. Except for the mold situation, obviously. But there are legal obligations of the landlord. So you have about six and a half months and then you drain your emergency fund and then you're on the street.

[B]

I don't think so. Like I said, I feel like if I'm in a situation where I can.

[A]

Work more, you get an extra 10 hours a week. Okay. So we boost up to $2900 on a monthly basis. Great. Okay. $100 under your rent without utilities.

[B]

And when we actually planned to go, we actually had A plan for when we did decide to leave, one of our friends would plan on moving in with us. He lives with his parents right now.

[A]

Okay, but that means you have to get in a more expensive place, though.

[B]

Yeah.

[A]

You don't have to cover the full thing because you'll have a friend helping. But you're not getting a 3,000 hour place anymore. Maybe we're getting, like, a $4,000 place. And. And if for some reason this friend ever moves out, if the friend ever dies, if anything happens, and then you got a $4,000 price tag on you.

[B]

Yeah, I feel better.

[A]

Get them on the lease at a minimum for legal obligations.

[B]

Yeah, I feel like that would definitely be something that we would do. I don't think it would be something where it's like, hey, just come move into our apartment with us.

[A]

Yeah, I don't know. You spend $900 more than you make on a monthly basis. I'm not really taking you as the person that makes sound decisions.

[B]

Yeah, I mean, the plan isn't to leave that apartment, you know? I mean, I know I have a gold mine there right now as it is, so I would definitely try and stay there as long as I possibly could.

[A]

Yeah, you should. Because even your $900 in rent. Right. 912. 972.

[B]

972. Yeah.

[A]

Is already 40% of your income. You're over the 30% I'd want you to be.

[B]

Mm.

[A]

So, so stupid. It doesn't make sense. Now, you say you, but your girlfriend doesn't make much. Okay, how long have you guys been together?

[B]

Coming up on three years.

[A]

So what's the question then? Are you asking whether or not you leave or stay? What are you trying to do? And by the way, your little consolidation of debt by using the lump sum to pay it off isn't gonna do anything. Look, you already spent $900. You spend. What was it, 35% more. You spend 35% more than you bring in. And you think paying off your debt on a lump sum is gonna work?

[B]

No.

[A]

You're gonna rack up your credit cards again. You're gonna be like every single person that's ever been on a show that is under consolidation before or had credit card transfer before. Mm. Or bankruptcy before. I just build it up.

[B]

Yeah. You know, like I said, I wouldn't plan on leaving there at all. So I'm.

[A]

So what are we talking about then?

[B]

I'm happy where I'm at right there. I just, you know.

[A]

So what are we talking about then?

[B]

I just. Not really. I Don't know. I'm just set on. I feel like that's a good living situation. I feel like my job. I feel like.

[A]

Yes, and I agree.

[B]

Like, I feel like all that stuff.

[A]

Is, like, so what the are we talking about?

[B]

Like, I definitely feel like everything I have is, like, right on the edge. And so, like you said, if stuff were to fall out, I definitely would be, like, in complete despair.

[A]

I don't know why your company hasn't let you go yet, so. Yes, that is true.

[B]

So, yeah, I definitely think, you know, trying to figure out exactly what, you know would be the best. Mm.

[A]

The best in terms of what?

[B]

In terms of, you know, the next step, of what the future would be in everything.

[A]

Okay. Okay. So you might get, like. Who even knows? I don't know how they've kept you. This is the career you want to do, though. This is what we're sticking with.

[B]

No, I mean, I definitely love it. And like I said, if it branched off into something, I would be super happy about that. But, I mean, you know, like, if it were to be something that blew up and was, like, something where it was making tons of money up.

[A]

You're a contractor.

[B]

I'm not a contractor. I was signed on. We do contracts.

[A]

Yeah.

[B]

For the city, but I'm signed.

[A]

How are you gonna. If it blows up, how do you make this?

[B]

So we're talking about from the classic car restoration side of things. If it were to blow up, if we were to get more clients doing that stuff, that would be a side of things I would be interested in doing. Because.

[A]

Why do you get the pot?

[B]

Because I'm doing a lot of the work right now that is actually going into restoring those cars on your contract.

[A]

That says if it makes a lot of money, you get a percentage.

[B]

Yes, on that part. But what I'm hoping for is those bosses really like me. So if it gets to the point where it does do something and they start to, you know, get ready to retire, they could pass that.

[A]

Are they ready to retire? How old are they?

[B]

They're getting close.

[A]

Why would they pick you?

[B]

They're both in their 50s. Neither of them have. Neither of them have kids.

[A]

They're business owners. They're not going to do the 59 and a half retirement. Trust me.

[B]

They're definitely getting tired of it, for sure. They've both moved out of California. They're both ready to live their, you know, just high life and just chill. So if I were to, you know, get that business inherited, I would absolutely stay.

[A]

Why you?

[B]

Because I'M the only one that's really working there. Putting.

[A]

They don't have kids, they don't have family.

[B]

No, nothing. No kid. They have. They both have wives. But other than that, I mean they.

[A]

Why did I think they were together? I was very confused. Okay, that makes sense.

[B]

But yeah. So if I were to get that company.

[A]

And if not, then what?

[B]

If not.

[A]

Because you're banking a lot on that.

[B]

If not, no, I, you know, I'm trying to start my own company and kind of like the EDM world, so.

[A]

Company in edm.

[B]

So I mean there's a lot of companies.

[A]

Is that just selling like I don't know what is a company in edm?

[B]

No. So, you know, I feel like there was a huge untapped market in EDM with how much it's blowing up right now.

[A]

You're right. There was 15 years ago.

[B]

I feel like there was. There still is a lot when it comes to stuff like artist interviews. When it comes to like lifestyle brands and stuff.

[A]

Lifestyle brands. Oh, wow. We're getting a lot of just like terms, so had a lot of very narrow ideas. Okay. Not very honed in. Go ahead, please continue.

[B]

I'm very curious, but I feel like that.

[A]

Please continue. I'm very curious.

[B]

There's something I feel like untapped in that market.

[A]

Sure. Tell me what it is.

[B]

When I like watching, for example is when I was looking for, you know, like get to more. Know more about the artists and get to know more about the scene. I feel like it is a niche artist, not even niche. I mean I feel like they're getting like the EDM scene starting to get more mainstream now to the point where it is actually getting big.

[A]

Yeah, but the niche artist. Were you looking at a niche artist or a worldwide famous artist?

[B]

Both of them. I feel like even with the worldwide.

[A]

Famous artist, worldwide famous artist is not getting covered then there's no market for them to get covered because trust me, it would have found itself by now.

[B]

I definitely feel like there's coverage, but I feel like the way they're covering things.

[A]

Cool. What would you do? I want to hear this because if this is your fallback, this is an important revenue stream. Apparently I need to be able to vet this. Please tell me. I know you like free things and I'm giving some things away for free right now. And let me show you how to get it. First, I'm giving you a limited edition financial audit tumbler plus a 30 day trial of simpler budget premium to new users when you buy my four class bundle. And this trial is normally only 14 days, but I'm doubling it just for those purchasers. And do you just want one class? No worries. You'll still get access to that 30 day simpler budget trial. And act now because we're winding down our intro pricing at midnight on April 23rd. So this is the best price you'll ever see on these classes. So if you're feeling stuck or intimidated by your finances, you're not alone. And now is the best time to get started. Grab your free limited edition tumbler, sit back and finally take control of your financial future. Or don't. And you can end up right here.

[B]

So when you're looking at artist interviews and stuff, right now you're just looking at the most like rinsed out stuff. You actually don't even get to really know about anything about the artists, about the scene itself.

[A]

So I want to hear what you would do.

[B]

What I would want to do is actually get into it, like more on the ground. So have like a media team, like at the festival grounds, at the show.

[A]

You have a team.

[B]

That would be the goal. That would be the long term goal.

[A]

High upfront costs.

[B]

Sure. At the moment I've been doing it all by myself and I can do it myself.

[A]

And where you've been doing this, this is ongoing?

[B]

Yes.

[A]

Oh, sick.

[B]

How much have you made off of the actual YouTube?

[A]

It's a business, the YouTube.

[B]

So off of.

[A]

Okay, so this is a channel.

[B]

It's a channel. And as well as I have a website that sells beautiful business.

[A]

In total, what have you made and over how long?

[B]

Probably been about two years. I've made probably a couple thousand in profit. Like 2000 in profit.

[A]

I don't know if this is a fallback.

[B]

It's definitely something I've been putting in.

[A]

The work has proven itself. I don't know.

[B]

I think so.

[A]

I feel like 2000 hours in two years since a thousand hours a year.

[B]

I feel like those have been strictly in clothing sales.

[A]

And buddy, this sounds like a hobby.

[B]

I'm sorry, I feel like at the moment it is.

[A]

But what's your plan for turning that into a whole business?

[B]

Is getting more. Trying to get more media credentials. So once I get, you know, more of a populated, you know, people actually knowing the name, getting the name out there.

[A]

Okay, but you're talking chicken and egg. How do you get the name just.

[B]

By, I mean going out there, going to shows, going out and talking to people and all that. I feel like, like I said, the clothing brand.

[A]

Yeah, well, the clothing brand isn't you don't get name from the. You need to be able to sell your clothing brand. Again, that's chicken and egg. That's a brand. Clothing brand.

[B]

I've made quite a lot of sales on.

[A]

You made 2,000 hours in two years.

[B]

And I feel like that's on just one item itself, actually. So I've had. I mean, you know, I've had quite a lot of orders. I feel like that was in strict.

[A]

2000 hours in two years.

[B]

I feel like, like I said, I'm.

[A]

Not trying to tear down this idea, but I also want to bring you to Earth.

[B]

Yeah. And I think every time I've, like, worn my clothes in public, every time anyone's seen them, they're like, yo, that one. No, but good.

[A]

Thank.

[B]

But they. I mean, this is from vans, so I mean, it's a kind of like a sweatshirt, you know, obviously the movie Shrek. So it had like, the S from Shrek. You know how the S has the ears coming out? One said slut and like the Shrek font, and then the other one said daddy and it had the font like that.

[A]

So get to 10,000 hours in sales and have them copyright you.

[B]

Yeah, it's possible, but I mean, do you see how many people are making those kind of, like, knockoffs?

[A]

You don't think the brands try to go make money or get a cut from it?

[B]

I'm sure they do, but I mean, there's so many, and it's few and far between. I feel like it would be.

[A]

Yeah, but if you're a big player, they'll go. You can make a couple thousand dollars, but in order to make a living off of it, yeah, they're going to want their piece.

[B]

So I definitely think that was my most profitable sale. But so getting a brand that you did, not getting people onto that website and looking at my other designs, then people would be like, oh, okay, this dude has some other cool designs. Let me try.

[A]

And that's like me launching a YouTube channel. I take a Dave Ramsey clip, but I just Photoshop my face on it. I was like, look, I made a successful business.

[B]

I mean, that's the thing. A lot of people are doing that now. And it works.

[A]

Yes, but they will. Okay. All right, let's get into this money then. That's a scary career fallback. Because that's not a. You're gonna. I mean, you would have to. I'm okay with that. I love the entrepreneurial spirit. I'm okay with you pursuing this. It's gonna be more of a hobby and then you turn it into a full time thing. But as a fallback, that is very scary for a job you do not show up to reliably. So I don't know why they. I don't know why they keep you around. I'm just saying like in the risk of a not overly low percent chance that they would let you go because you're not a reliable. If I. If I wouldn't know if I wake up and I wouldn't know if my employees gonna be there.

[B]

Mm.

[A]

Like they might be lazy. Sounds like they're on the way out. Maybe they don't care as much. But maybe the new person who would run it, who might not be you, would rather have a player on their team instead of a D player. I'm just saying that's a scary fallback. That's a scary fallback. I would need you to fall back into preferably a career position that makes money.

[B]

My particular fallback, that was more like my life goal. Like being like, oh, that's the goal.

[A]

That's what we're trying to get to. That's even worse. I'm sorry. That's not worse. That's not worse. That's okay. That's okay.

[B]

That was my goal.

[A]

Very confused. Are you going to own the business from them or are you going to do this? Because both. It's going to be hard to do the same at the same time. Both at the same time.

[B]

I would try and do both, but it would be really? Which one would work out more?

[A]

You would be split and neither will work out because you'll be split. Listen, there are people who run multiple businesses, but they take a business, they grow it from nothing to 100 and then they start their other one. They don't try to do two at the same time at the equal starting foot, especially building one from zero where the other ones are like 50%. You're like, oh, it's like you just get split, you get separated and then both fail. Okay. Where do you think your finances are? 0 to 10, 0 being the worst, 10 being the best.

[B]

I would say like a 3 or a 4.

[A]

You're on this show, buddy. I promise you're not. Okay. But it's a good. I know where you stand mentally. Me. Okay. Go to calebhammer.com and take the assessment. If you want to figure out what your Hammer financial score is, you can also click the link in the description below. And if you want to come down here to Austin, Texas, we'd be happy to have you in the studio and It'll be our brand new studio by the time you're seeing this. So that's exciting. Go to calebhammer.com supply. We'd be happy to have you. Okay. I got a City Advantage card. What's going on with this card? What we got? What we got here, guy?

[B]

Yeah. So, I mean, I opened that card years ago. That was actually the first card I ever opened. My mom helped me open that one. And that was right when I got back from the states or to the states. I always mix that up. And yeah, I feel like it was initially meant to help kind of just pay off some bills. And I didn't really understand concept of credit cards, so I just kind of splurged on it. I had just gotten back from volunteering a lot, so I just came back and was just doing a lot of like, kind of materialistic spending when that was around like 2017.

[A]

Okay, then what the is happening now? Cause it is maxed out.

[B]

Yeah. I feel like it's just been something that.

[A]

About 2017.

[B]

I just feel like it's something that's never been able to kind of like bounce back from.

[A]

That's not true. You're spending on it. Your little tits. That's not bouncing back. No. There needs to be a way for you to spend 35% more than you bring in. I'll tell you how a credit card buddy, it is maxed out there is if you. If you went crazy in 2017. Okay. You went crazy in 2017. Wonderful. Good job. Yeah. Minimum depayment would have brought it down from the max in eight years.

[B]

Yeah, I'm definitely still spent on.

[A]

So I give a about 2017. You're up now.

[B]

I've definitely still spent on it now.

[A]

I E$580 in 5 cents this last month alone.

[B]

Mm.

[A]

So what are we talking about? I don't care about 2017.

[B]

I feel like that was just then was like the, like really irresponsible spending.

[A]

I feel like now this is not irresponsible. Taking it to the max right now.

[B]

I feel like all the things on there though, are more essential items like food, gas, stuff that.

[A]

Yeah. What do you qualify? Food. Essential. Essential food. Buddy, buddy, buddy. Stuff to put in your stomach. Buddy. I'm looking at the purchases. I'm not reading them now, but I know the highlighted ones are. And guess what? About 95% of them are bull. So I mean, you're just. You're lying. You're lying or you're just completely brain dead in terms of what is actual Necessities lying, lying to yourself. Hardcore cope thinking you're this big guy, this big entrepreneurial guy. I'm doing everything right. No, you're not. And you need to be brought down back to earth, not to be mean, but so that you can actually live a halfway decent life. Because it is not going to help you, babying you, giving you the pat on the back that you think you deserve by not being the worst.

[B]

I feel like a lot of people take those kind of like corners cuts when it comes to food, especially, which.

[A]

You bragged about being a corner cutter. So second time bringing up a corner cut, saying you did it first and now you're saying other people do it. Okay, go on. Let's hear how this ends.

[B]

Yeah, because I feel like food is one of those things where it's like people struggle with food because they're just like, man, eating food.

[A]

What is struggling with food?

[B]

If you're meal prepping, for example, like you said earlier, it's just like, man, they get tired of eating the same thing over and over again. They get tired of happening. What's.

[A]

What do disciplined people do?

[B]

They commit to it, I would assume.

[A]

Cool, wonderful, great. Go on.

[B]

I don't think that many people would want to commit to something like that.

[A]

Want to. It's not about want to, buddy. Is that about do people meal prep because they want to or do people meal prep because they have a goal that they want to? They don't meal prep because they wake up and they're like, oh, nothing's ever sound better than meal prepping. No, they are on a diet. They need to budget and they want to do those. So they are doing the action that is less than pleasant in order to do those wants. No one wakes up and says, man, the most fun thing I can think of today is meal prepping. No, nobody wants to meal prep. Nobody wants to. No, people want to not cook during the week. So the action is in meal prep. People want to lose weight. So the action is in meal prep. People want to budget and not eat out all the time. So the action is meal prep. No one wants to meal prep. No one wants to only spend a couple percentages of their income while they're in debt on fun. They want to spend more, but they want to get out of debt, so they do the thing that is less than pleasant in order to get there. Never bring up again that people want to meal prep. Nobody wants to. It's not about that. It's about the goal. Picture this. Your phone's buzzing all day. With calls from debt collectors. Every email is a past due notice. Knock on the door, could be a debt collector.

[B]

Who is it?

[A]

Your wages were garnished so you can't afford groceries. You can't fill your gas tank. You can't get a car loan. Can't rent an apartment. And no shot at buying a house. You can't sleep. You can eat. That's the reality of living in debt. And it's happening to people like you every single day. You don't have to live like this. Contact PDS Debt. They've helped tens of thousands of people live debt free. PDS Debt goes beyond the numbers. To understand your unique financial situation and craft a personalized plan designed just for you. There's no minimum credit score required. They're here to help you save more, pay off your debt faster, and start putting money back where it belongs in your pocket. PDS Debt is A plus rated by the Better Business Bureau, boasts hundreds of five star reviews on Google and holds a five star rating on trustpilot. But why? Because PDS, that has helped tens of thousands of people get out of debt. Listen, when I was in debt, I struggled to do anything. I could barely afford to move if I had to. And I wish the service was around once I fixed my behavior. It helps. It can get you there faster. So honestly, you're 30 seconds away from being debt free. Get your free assessment and find the best option for you right now at PDS debt.com hammer that is pdsdebt.com hammer pdsdebt.com hammer I've never meal prepped before.

[B]

So I guess, you know, I guess I haven't really thought about it that way.

[A]

But I mean, you've never done anything before until you did it. Buddy. You were born. You never did anything other than being born. And then you did for the first time. It's not that big and scary. It's not skydiving. I don't care. Listen, use our cookbook. Use our cookbook. You get a copy for free. Everyone that signs up for the premium version of our budgeting app, Simpler Budget, which I highly recommend for you, gets a signed version of the cookbook. I'll send it directly to you. And our Simpler Budget Founders Edition Journal as well, which we'll give you before you leave.

[B]

You didn't know you had a cookbook? That's pretty cool.

[A]

Yeah, it's right here.

[B]

Oh, okay.

[A]

Oh, yeah. Okay. So, yeah, that always helps. You just follow the recipe. I've never meal prepped. All you have to do is Cook, freeze, cook, freeze, cook, freeze. This is not crazy. Again, this is not skydiving. This is not the scariest thing to try for the first time.

[B]

I just feel like a lot of people, you know, I don't think many people I've talked to really do meal prepping like that. So it's something where I've just never been like, oh, that's my. Like, that's the thought that'll get me out of. Like, that is meal prep.

[A]

The majority of people I know, I go out on the street. I meet a majority of people. They're all financially. So that's okay for me to be your logic and all these things. No, but so flawless.

[B]

I just hadn't made that connection of just being like, whoa, I eat out too much. Let me start meal prepping. Like, that wasn't a connection in my.

[A]

Brain where you haven't tracked your spending at all.

[B]

Not really.

[A]

Then you don't even know if you're doing better than you were a few years ago. I mean, the first card I'm looking at is a max out. Max out credit card. Sorry, I don't think I ever said the balance, $2,050.95 minimum payment, $123.87. $51.92 of interest accruing.

[B]

Yeah, I feel like I did do slight meal prep practice. You know, a few years ago, I was doing some, like, gold prospecting for fun, kind of at a little bit of a time, but.

[A]

So what are you saying then?

[B]

I was just saying that I kind of had, like, a little bit of an idea of it and, you know, maybe I could try it again in the future. That was something I was doing in the past. But, yeah, I just never made the correlation of being like, oh, that's. That's something that'll save me money.

[A]

Correlate then. Okay, there you go. Helpful tip of the day. Like, I'm sorry.

[B]

I just think that was something that was like, a time where I was doing solid financially, I feel like. So I think, you know, that was why I brought up. Like, that was like, oh, that's something that makes sense. You could correlate those together.

[A]

And you said you were prospecting for gold. Like, what the even is that this is the person I'm dealing with. No offense. The person who thinks they're prospecting for gold is a good career choice is the person who thinks that going to EDM music festivals is a good career choice, that taking copyright brand and selling those is a good career choice, that they Think they are going to get the business that they barely show up to work for is gonna have, like, come on. What a narrative we're telling here. I feel like now the more I learn, the are we doing. You're a gold prospector. Got you a little pickaxe. And what are you. Who am I talking. What are you talking about? Why? When.

[B]

That was a few years ago, and I.

[A]

For what reason? This is not the 1800s.

[B]

That's still profit. There are still people gold prospecting.

[A]

You always bring up other people. How about you, for once, you look to everyone else except for yourself for some reason when you talk about literally anything. Did you make a grand profit?

[B]

I wouldn't say a grand, but we made.

[A]

Well, then I don't give up. If you made enough money for it to be good, you'd still be doing it.

[B]

Mm.

[A]

So what did you make?

[B]

I made a couple thousand dollars. It was enough to pay for rent, just like your shirt and pay for food and everything and.

[A]

Yeah. For how long? A month?

[B]

I think it was like three months. We did that for.

[A]

But why didn't you keep doing it if you were making enough to survive?

[B]

Because in Southern California, you're only allowed to do so much.

[A]

And what does that mean?

[B]

There are laws permitting you from doing an, like a kind of like excess amount of gold prospecting. There's only. No, I wouldn't say they know. Like, they're tracking you, but I mean, if you see someone coming out with what, coming out of a canyon where you're gold mining.

[A]

So you're going into a random canyon and mining for gold?

[B]

Yeah, with my roommate. It was super fun. And I mean, it's profitable if you put in the work. And I mean, if you go to.

[A]

A place like everything else that we've talked about, yes, it is profitable if you put it in the work. Somehow you. You don't seem to do that.

[B]

I had put in the work when we were in SoCal. Like I said, there was only so much we could do there. So if we wanted to SoCal. Well, I said I was in SoCal when I was in SoCal doing that, that's where I was mainly doing it. But like I said, if we were going to somewhere like Alaska, if we were going somewhere else, that it was much more rich and there were actually permits and stuff for us to be able to do it, that would be something we'd be able to venture into. But that takes a lot of capital to put it down for a while.

[A]

And this is what I talk about. With that split, the split of I'm going to try both businesses. You don't know what you want to do. You get excited about something, then you do it for a few months and then you're off and on to the next thing. Which means I know so many people like you and there's an entrepreneurial spirit that I legitimately do like and appreciate. But if you can't dedicate yourself and sit down and narrow your focus, you're never going to end up anywhere successful. You're going to be doing this same thing, a new thing per quarter for the rest of your life. You're going to be chasing like get rich quick schemes or something. Like eventually you'll find yourself in some. Something like that.

[B]

I don't. I feel like I'm smart enough to not get myself. I don't think so.

[A]

You spend $900 more than you make on a monthly basis or 800. I don't remember at this point. It's been a while since we talked about that. I don't think so.

[B]

But I think those. I think it's something where it's like, I feel like I see an untapped market and it's definitely something I could do. I just don't have the tools to do it.

[A]

But which market are we talking about?

[B]

Let's say the EDM one, for example. Like you don't have the tools.

[A]

What's the tool? A camera. I started this with a. Have a little camera.

[B]

Media credentials. I started, like you said, with a camera is definitely something that I've already started doing myself. But to do something where it's like.

[A]

Why are they getting media credentials?

[B]

That would. Would be something I request to do something. Like I said, why would they give you artist interviews?

[A]

Why would they give you.

[B]

Because I feel like that's something where if I were to build my brand more, I would be able to represent.

[A]

Our egg. You build your brand by being able to do those which you need your credentials for. But you need a brand that is built in order to get your credentials. So I don't understand this business plan. It is not making sense. And then we have a max out credit card and you're going into a business that does not have a proven track record of profitability of something of a brand that you own. Not Shrek years. And we're going in with a maxed out credit card, one that you're still already spending on. One that takes nine years to pay off. By the way, you tried to talk about 2017 eight years ago. Meaning this would have been paid off essentially by now if you didn't purchase on and you only did minimum the payments. So that is the life of a smart person. I go Wiener Snitchel. A critical thing. Necessity, as he said. Subway, Uber Eats. EBay, eBay, Taco Bell, TCG Player, eBay, eBay. Going inside, getting some bull. What are you, a Zen popper? Are you an energy drinker? What are you doing?

[B]

Wait for it.

[A]

Looks like you went into a little Petro Mart. You did not get gas for just a couple bucks.

[B]

It depends on what it was. I'm not entirely sure. Probably a lighter. Could be something like that.

[A]

You got two lighters in a row. Okay, that's weird. Uber Eats, Greyhound Bar and uber eats for $51. 51. 92 cents of interest is accruing. It's a 30% interest rate. And you said it is necessities. That's what you said.

[B]

I see the majority of those necessities. Food 30 hours a week.

[A]

And yet you cannot actually go to the grocery store and prepare, even though you are a chef. And again, like I said, I mean, I'm pretty sure you're at the credit limit. No, it's worse. You, dude, the smart guy. The smart guy again. The smart guy. You started over the credit limit, and you ended even more over the credit limit. Over. I thought you were maxed. You're over, over. Oh, okay.

[B]

I think when you look at those purchases, a lot of them are just really food. So it's.

[A]

What does that mean? What does that mean to you? Why, the words you came out of your mouth were the dumbest, most stupid things I've ever heard in my life. But then your tone with it was so sincere. So what the are you trying to say?

[B]

It's. I feel like that's something. That's fair.

[A]

It's $50 to Uber Eats in one.

[B]

Purchase for two people. I think that's kind of fair.

[A]

$20 per meal for two people. $20 per. $25 per meal. Okay, 25 times two. That's 50. Okay, that's cool. Yeah. And we know what you guys kind of make on a yearly basis. No, let's times that by three. Three meals a day, 365 days, week A. A year. Also, we're gonna spend more than we make on a yearly basis just on food, because we need $25 per person, and we're gonna be going up to $55,000 a year on food costs, and that's worth it. He says the smart guy, the entrepreneur, the Business titan.

[B]

I think there are, you know, like I said, that's something that most people are like. They're like, hey, let me just get an Uber Eats real quick.

[A]

Do you give a. About most people? I don't give a f. I want people to do well, but I don't care what they're doing. I don't base their. My life on what other people are doing. I don't base my life on them. Why do I give a. Most people out there are weird. I don't care what they're doing. Most people are financial failures. Most people are family failures. People struggle out there, go on Twitter, and everyone's a pearl clutching weirdo. I don't give a fuck. I don't live my life based on weird mother. Why do you care about these other people? You bring up other people endlessly. Why do you care? This is your life. Live your life.

[B]

I think when I'm bringing up other people, it's just saying, like, in contrast, there's. There's a lot of stuff that, you know, there are places where it's just like, oh, that's something that a lot of people also do. So it's like in my head, that's where I'm saying that.

[A]

No, you're coping. You're fucking coping. Speaking of your endless cope, two letters in a row. What the F? You even. You're obviously smoking. What are you smoking? Based on this conversation, I'm pretty sure it's. But what are you smoking?

[B]

I just smoke. I don't smoke anything. I feel like I've. I mean, I smoke daily, but I don't think like a crazy amount more than anyone else usually would.

[A]

More than anyone else. Again with that. I promise, not everyone smokes daily. Well, no, yes, that is more than most other people.

[B]

I meant people that also smoke.

[A]

But Jake, you're a head. Is that more than most people smoke?

[B]

I don't smoke daily.

[A]

It's more than most people smoke.

[B]

Okay, well, I don't think it's something that's okay.

[A]

Wow. You can never be wrong, can you? Yeah, you're. You're definitely gonna get places in life. Can't listen to other people. So glad you're on this show. Capital One. Wonderful. Cap one. What are we doing here? What's up with this card? Let's talk about 2017 again. What happened with this card in 2017?

[B]

Honestly, I just think that was a lot of impulsive spending.

[A]

And so it's the same exact thing you said for the last card.

[B]

Mm, yeah, I just. I didn't really understand the concept of credit cards, so I just, you know, kind of spent like crazy and something's gone a little bit.

[A]

So something's going on here. One second. There's no way this minimum payment is $239 without something funky. Fees. I'm seeing fees. What the f are we doing? It's a past due. You're past due. This is two payments, dude. How long have you been past due on this card?

[B]

A few months, I think.

[A]

Why? You are in the most privileged position in the world with your rent situation and you. And because of your privilege, you are preventing the housing supply meeting market demand. And because of your privilege, you are in a position where you get to take advantage of it. You and you alone and live an amazing life financially. And yet you are multiple payments behind on a credit card. What the f. Why? Why do you not care? Why? Why? What? Like in your mind, what are you trying to do in life right now? Because you're not showing up to work. You're incapable of starting a brand that doesn't rely on IP that already exists. What are you trying to do? You're over maxed out on that other credit card all on bull and think that it's okay to have a $25 per person food budget per meal. What the are you trying to do, man? You know what, Sorry, before you answer, I feel like this is how you've gotten through in life. Because you were able to sit down, you were able to be monotone, straight talk and just sound like a person that is able to actually be reasonable. Yet once you dig deep into the actions, into the philosophy, into the ideas that you have, it is all broken. And then you're not willing to admit once when you might be wrong. So tell me, what are you trying to do? Because right now it's nothing but failure.

[B]

I think with those cards in particular, I was just trying to focus on other ones first. And you know, you still have to.

[A]

Make the minimum with the payments. There is not a debt payment strategy in the world that says don't pay unless it's let them all go to collections, then negotiate from there. But I wouldn't recommend that you'll your credit.

[B]

Mm, I don't.

[A]

So tell me then, what the f. Cuz no one suggested that. Or did someone suggest that to you?

[B]

No one suggested that.

[A]

Why did you choose that?

[B]

It just seemed like the other ones had a higher interest rate and it just seemed like it was a little smarter to pay off those ones first.

[A]

Sure, but why does that mean you don't have your minimum monthly payment paid on this.

[B]

I just didn't get around to paying that one.

[A]

Get around. It's been multiple months. What is get around to opening an app? No, I'm not gonna let you get out of this. That is bull.

[B]

I just didn't open the app and didn't get around to it.

[A]

Okay. Can't wait for you to be an employer of others. Sorry, guys. I just didn't get around to opening the platform and making payroll for the last four months. I didn't get around to it. Well, that's it again.

[B]

That happens.

[A]

No, it doesn't.

[B]

My boss does it from time to time. And I'm understanding about your boss is.

[A]

A bad boss, then you work for a horrendous boss.

[B]

I don't think he's a bad boss.

[A]

If he's not paying you, you're not working for a good boss. And good luck getting the company from him.

[B]

I think it's, you know, everyone has stuff that happens to them and I feel like it's okay to be understanding, but you know what they did to be understanding.

[A]

But if something didn't happen in your life, that was a life altering thing, you're able to call the credit card company and tell them about it. You didn't do that and nothing did happen. You just were lazy.

[B]

I think it's a little bit of both. I think I'm definitely.

[A]

What happened then.

[B]

I think it's what happened. I think there's a few mixes with everything. I had a shoulder surgery that had me out of work for about 20, 19, 20, 20, then off.

[A]

Because this is these last few months. So that is the dumbest thing I've ever heard in my life. You had my sympathy for about a half a second.

[B]

Like I said, there are a few things and I feel like all of those things.

[A]

Tell me what happened. What happened the last few months?

[B]

The last few months?

[A]

Please.

[B]

My girlfriend's also been out of work. She's also.

[A]

You told me she made $22 an hour.

[B]

She just got a job a week and a half ago, actually.

[A]

Okay, so you're fully supporting her. How long was she without a job?

[B]

About four months.

[A]

Okay, you guys are together, so I wouldn't be surprised if you fully enabled her bad behavior because you know nothing about good behavior. Go ahead. What else happened? I don't think I fully enabled what else happened. Yeah, you're in a rent of your dreams. You could have made your minimum payment of what would have been, what, like 40 bucks or something? Maybe like a hundred bucks. I don't know. I'm gonna mark it as a hundred. You were just stupid with it. You could have made it. Go ahead. What else? What happened? Life happened. Like, we couldn't make our payment. Life happened. What happened?

[B]

Her not being able to work, me, my car breaking down at the same time. And I feel like it all kind of added up. And, you know, it's just. It's definitely, you know, at this time, especially, like the past six months have been just rough with bills. I had to take my dog to the vet.

[A]

You have put yourself there, though. The dog thing, you can't control. But you can control whether or not you have pet insurance, and you can't.

[B]

Control whether you have pet insurance, then you're okay. Yeah, but I mean, it still ends up being a pretty hefty bill for this.

[A]

You know, a chunky deductible at the beginning, but it's not something that would wipe you clean.

[B]

Yeah. I mean, when you're in the situation that I'm in where all credit cards are maxed out, I feel like you.

[A]

Did that you continue to do. Look at your spending. You spend $700. You spend $900 more than you make on a monthly basis. Spend 35% more than you bring in on a monthly basis. You spent almost $800 going out to eat on a monthly basis. You spent $50 on just one Uber Eats order, and there were multiple Uber Eats orders there. And you spend hundreds of dollars on a monthly basis because you're a normal, everyday, average smoker, and that is very normal for people to do. And then you don't actually show up to work. So I don't know. LA is not the best in the world for public transportation, but I know if you spent the time, you could have gotten there. And even more so I know that if you actually make what you say in the hours that you put in, you would have made your return on investment. If you Ubered.

[B]

I don't think so.

[A]

Then you don't make enough money. You need to find another job. Which, by the way, is honestly probably true for LA. Making under 30 bucks an hour for LA. Yeah. It's time to price job. It's time to job search. It's trying to move up your skills.

[B]

I agree. And I feel like, like we were talking about fallbacks earlier. I feel like if I were to leave that place.

[A]

Your fallback is Shrek years.

[B]

I feel like if I were to leave that place, I've. I've learned a lot of skills I feel like I've done a lot of welding and fabricating there to where I could actually I got my.

[A]

Will that be able to be featured on your resume? Okay, there you go.

[B]

So I feel like that's something I could easily go to like after this if it weren't to work out. And I think I could probably get paid more doing.

[A]

I might start looking at that.

[B]

I've thought about it. But at the same time, I really like I said I like my bosses, I like the job and I feel like if something were to come out.

[A]

Of it, boss lives in a different state and they don't pay you.

[B]

One of them does. I mean, you know, the other one does still currently live here and he has an office out here or not here. Sorry. We're in Texas right now, but lives in la and like I said, they like me. I mean, obviously if I'm not going into work that much, they obviously like me enough not to fire me.

[A]

So that or they don't think they're gonna be able to pay pennies on the dollar for another employee because they accept you accepted. And they're like, oh, we got lucky. Guys, I just wanted to say an extra thank you for making Simpler Budget an incredibly popular app. I wasn't expecting it, but we literally get like thousands of downloads a day and a lot of you are actually changing your financial future and we've been hearing from you. So thank you all for supporting us. We just wanted to say thank you and give people the opportunity to try out the app. So we still have a two week free trial in there for the premium version. And of course, everyone that signs up for an annual version, at least for this next quarter, will get a Founder's edition Simpler Budget notebook and it is signed by me, sent directly to you. So that's a special thank you for putting your trust in us to create an amazing budgeting app. And let me tell you, the features that we're going to release throughout this next year are about to be crazy. I'm going to make this the best budgeting app that has ever existed. Seriously. Download Simpler Budget now. It's incredible. The time to take control of your finances is literally right now. And as an extra limited time only bonus, I will give you a signed version of my Budget Friendly cookbook for free. When you sign up for Simpler Budget Premium Annual, I don't think it's that.

[B]

I definitely think they're. They know the situation that they're in financially and they're happy with it.

[A]

Is it good or bad?

[B]

They're good. They're very happy with it.

[A]

And you know the situation they're in financially, so they're willing to pay lower. What are you talking about? That would suggest to me that they're not doing very well.

[B]

No, it's. I'm saying they're. They know their situation and they're just kind of like, oh, this is not like a side business. But they're like, this is like their hobby shop where they're like, hey, if this blows up, awesome. But we're not really sitting there like.

[A]

Wait, your entire future is baked on a hobby shop? Oh, I didn't know it was a me, dude. Oh, you're killing me. You just. On the side, you design words to murder me.

[B]

Like I said, on the side, there's city contracts that make in the main.

[A]

Amount of money median average hourly wage in the Los Angeles, Long Beach, Anaham metropolitan area. So this is the. Even the lower cost of living areas in that area, the edges of town. And I know you're not in that. That $35.29 you're making under that, including the lower paid areas, is probably closer to like 40 in your area.

[B]

I just, I feel like that's not true. I've. I mean, I know you're looking it up, but I mean, I.

[A]

What?

[B]

I have people that are currently living there and no one's making 35.

[A]

No. You just need to go get stabbed or something.

[B]

But no one's making 35 an hour. So I don't know. I don't know.

[A]

No one's making. I don't think you know people.

[B]

No one that I know.

[A]

Yeah, you probably get taken on a short bus to a special place on a daily basis, and those are the only people you know, and you base your entire life off of them and that's why you think you're doing okay.

[B]

Even people. I feel like you walk into any. You know, the minimum wage obviously isn't 35, so. And that's.

[A]

Majority of the most people don't make the minimum wage. You think the minimum wage is designed because everyone makes that. Are you talking.

[B]

I feel like everyone's close. Like any fast food service.

[A]

Sure. That's what every job is.

[B]

That's not every job, but that's what I'm saying about.

[A]

But it's not every job.

[B]

And that's all. Those are the majority of the jobs that people get that aren't people that have like qualifying degrees, have certifications or anything.

[A]

You have certifications? You.

[B]

I do. And like I said, I feel like.

[A]

So what the are you talking about? Congratulations. You made friends with a fast food worker once and you base your entire life off of them. Like, I don't know what to do off of that. That's not how a normal human operates, guy. Oh, you're insufferable. I'm sorry, you're insufferable. I don't like you. I've officially decided I don't like. Your credit score is basically 500. This is absolutely stupid. I'm gonna just die. Okay, okay.

[B]

I feel like the, I feel like the job market, I feel like is something that a lot of people struggle with and I think, you know, everyone has to have a side hustle or something like that.

[A]

Okay, not everyone has to have a side hustle. And our unemployment rates about 4%. So now not everyone struggles with the job market. Statistically incorrect. Yes, it is hard when you are unemployed and you try to find a job, especially if you're competing with the job that you had previously and you want to get into a similar income scale or a similar job, similar comfort level, sometimes you'll have to start lower and you'll have to job. You'll have to figure it out. You have to work internally in that company to move up. But no, what you're saying is not just an average, everything for everyone. I don't know why you compare yourself to everyone, especially when you don't know the statistics around everyone.

[B]

I just feel like it's different in la. I feel like there's a lot especially.

[A]

Like you're saying I literally just told you the median wage in the LA metropolitan area.

[B]

I just don't know about that one, honestly.

[A]

You don't know, but I have just told you. And that is from the sources of Bureau of Labor Statistics.

[B]

I just feel like, from people I talk to day to day, everyone, they don't matter.

[A]

They are not. That is so anecdotal. It's so stupid.

[B]

I think everyone also has the same struggles that I have that.

[A]

Listen, the unemployment rate in LA is higher than the national. It is 6%. That sucks. National median or the national rate is 4.1. So it is higher. Yeah, like I said, I'm not surprised. I mean, it's not a very business friendly place. So.

[B]

Yeah, I just feel like, like I.

[A]

Said, I feel like, I feel like, I feel like I don't give a what you feel like. I really don't. Everything you said you feel like is not correct. Okay, well, they're telling me you have some kind of investment, but I know you said you don't have retirement. What is your investment?

[B]

I try, I try to invest in whatever I see profitable. I feel like right now that's Pokemon cards. And yeah, I have a really, I think a really high appreciating asset of Pokemon cards. And I feel like everything I've invested in I've made money on. Like if you check my Robinhood account, it's in the green and it's.

[A]

You didn't have any retirement?

[B]

I took it. I mean I've since taken it out to help try and pay off some stuff. But when I was investing in Robinhood at the time I was in the green and I was very high in the green and I feel like that's the same with a lot of things I invest in. I do make money on things I put money towards. So I feel like that's something where I have a lot of money.

[A]

I've never had a Pokemon card. Honestly, I, I don't know. I don't know the statistics around that. But you sound like a dumb.

[B]

No, I promise you that is a market that is. There is profit to be made and it is in a huge.

[A]

And you'll be living your entire life and paying all your bills and not being in bad credit card debt and not be financial, financial. If it was really good, it's as easy as that. Same with the. Hey, same with the gold prospecting. If it was doing really well, you would not be in the finances that we have talked about so far. It is as easy as that.

[B]

I think with those things. It's having, having the capital to do it with a lot of those.

[A]

Do you have like a picture I show you?

[B]

I brought my Pokemon cards.

[A]

Well, I'm not gonna buy them, but you can show them if you want.

[B]

Yeah, yeah. A lot of people, A lot of people buy Pokemon cards for like the packs and stuff. Right. You know that doesn't make any money. I focus on like the high tier cards. I always go to swap meets and Facebook Marketplace and try and find the cheapest deals possible. So I actually know what my money in.

[A]

I'm. I'm so glad you're spending all your time doing this instead of actually going out so showing up to work.

[B]

So I do know my money in and I know what my value is currently at. So I know I'm in the green.

[A]

And you don't know what your value is at 100%. In order to realize that value, someone else would have to get it. You can guess it. How much have you put in?

[B]

I've put in around 2,300 and it is worth about.

[A]

You can barely. You couldn't even pay the rent for the place you would move to if you took your lump sum off of that. So that doesn't even matter. This is so insignificant. This is so insignificant.

[B]

And it's worth about 4,500 right now. So I feel like that is a pretty big sum and it's something that appreciates and it's. It's something that. It goes up a lot. So that's something I feel like isn't a bad investment at all.

[A]

We have some math over the past 25 years. Would you like to hear it?

[B]

Sure.

[A]

Divided by that 25 has an average yearly return of 0.8%. Little under the 1%. You're not beating inflation. You're not beating bonds. What the return has been over the last 25 years. Over the last 25 years.

[B]

This hasn't been 25 years.

[A]

I'm just telling you what the average rate of return has been.

[B]

Yeah, I would say I probably started investing in Pokemon cards maybe about a year ago. And yeah, I feel like I've made a really good profit in that time.

[A]

Well, I think we will see A return of 13% between 24 and 2020 and 2024 and 2034. A 13% return. Not annual though, as far as I can tell. Okay, show me. What are they worth? He's put 2,400 in. What are they worth?

[B]

Yeah, they're worth 4,500 at the moment.

[A]

Good. Sell them, pay off debt.

[B]

So that's what I've thought about doing, but I've definitely at the moment it is still rising. Yep.

[A]

Then I don't give a. Sell them pay off debt because I doubt they're rising a 30% rate.

[B]

Some of them. 182%.

[A]

Yeah, in a year. But if something.

[B]

No, in three months.

[A]

That's even worse. It's even worse if something's able to go up that high in three months. And their crash. Well, I'm not going to say it's going to crash soon, but their crash is going to be just as spectacular as the rise.

[B]

Yes.

[A]

That's how really anything goes like that.

[B]

Absolutely. And I feel like if you know when to look for the rise in the crash, you know how to make money.

[A]

You're day trading.

[B]

Some could say that, I guess. Yeah.

[A]

And I feel like 10% of day traders are successful.

[B]

Like I said, if you check my Robinhood account, it was very high in the grade green as well too. So I feel like that's something I am pretty. Pretty smart with doing, and I feel like I know at least a little bit about how to make money on that stance. If I feel like I had a little more money to spend, I think I would have made some more.

[A]

Stats aren't perfect. There is no market perfect performance of what the average annual return is. And it depends on the pack. There's some packs that have obviously returned like 12 compounding yarn, 50 compounding on a year.

[B]

Well, yeah, those are packs, you know.

[A]

Exactly. But there is no full market average return like there is in, like, the S&P 500, even Bitcoin. Like, usually it's even like average yearly return with that, but we can't even find it. Can't even find it.

[B]

Yeah. And that's because it's so much of an untapped market. It's so much of a boom right now at the moment that it is kind of hard to do research on. But if you're in the scene like I am, you see people that have. Have started with an investment start at $10,000, and they're up to like, 78,000, $80,000.

[A]

Some people just like. Some people day trading, they do incredibly well. We're talking a small percentage. You have never been successful at one thing in your life, and you've tried a thousand different things, and you've never been successful at one. I have no confidence in it.

[B]

If I had the capital to do it, I feel like it would have been a lot more successful.

[A]

And there's no stats around the percentage of people that are successful in this as well. It's just not a big enough market for that. That this is not people around and they make money, but it's not a big enough market for that. And I'm. Okay. It's like a little gamble. It's a little fun money, but you don't have that fun money. You have a credit card that was over the balance. Then what was? This last card. No, the. The first one was over the balance. This last one? Yeah. It's past due and over the balance, so. I need my notebook, buddy. Pick it off. Over the ground. You made me rage. Throw it. Your fault, not mine. I'm using the same language you've used about your entire finances. Okay, show me a card. Sure, why not? I'll take a look.

[B]

I think they're.

[A]

That's your entire retirement plan.

[B]

I think they're definitely of good value.

[A]

Sure. Unknown V. I choose you.

[B]

This one alone, I think is ranging against at $312 right now for this one.

[A]

Cool. Sell it.

[B]

There's some back here too that are worth a couple hundreds.

[A]

Cool. Solid.

[B]

These are all very expensive ones.

[A]

Phion. I choose you. Bimbolder. I choose you. Professor Research. I chose you.

[B]

$200. It's a really solid one as well. And these ones stay very collectible because I choose you. So these ones are all very old cards. These ones are newer ones that have high value at this moment.

[A]

I'll be honest. I don't give a. Put them away. I don't give a single first edition. There's not a. That I give. I'm sorry. I'm sorry. I have no interest in that. All I know is you're. You're in a market that has no actual statistics around that can be scoured throughout the entire Internet. And this is your entire. You. You have no focus. You try a thousand different things and you're gonna be trying a thousand different things until you never find one your entire life. That's just how people like you end up being. And I don't want you to go down that path because you can actually. Actually give a. You can live a good life if you hyper focus on something and make it the best you can be. Be relentless about it. But instead you're split between a thousand different things and day trading cards, buddy. Wait, didn't we just have people on the show that were day trading cards? A couple. Yeah, we had a couple that were day trading cards. They put in money, they saw a little bit of return for a while and then they like lost it all or something. Like they can just boom, crash. It's. And you're in that.

[B]

I don't.

[A]

Take the return while you can get it.

[B]

That's the plan. That's definitely the plan.

[A]

If it was the plan, you would have sold it. Sell it when you leave.

[B]

I've sold some of it. If you actually see on some of my statements, it shows that I sold a good amount of it. And you see empty pages in there.

[A]

I don't think I can get through. I'm gonna sit you down with a Sondra mind therapist. They're good. You get three free therapy sessions. Sit down with them. Maybe they'll tell you to stop being a dumb. Except I think they say it nicer.

[B]

I don't know.

[A]

Have another card. Discover it. Discover how I can get the out of this conversation. Balance is lowering on this one. $1,508.85 interest $24.76. At least. There's no purchases. $45 minimum payment. It's. It's over the balance. Over the balance. Three so far. Three in a row. You can't do one thing.

[B]

You're.

[A]

You're incapable of one thing.

[B]

Well, you see, there was no purchases on that one. I mean, you know, it's not like I'm. It's just splurging on that thing. It's just. It's at the balance that it's at and it goes over for, you know, a little bit of gas here and there to drive the car that I need to get towards. You don't drive the car when I can. I do.

[A]

But you don't because you never go to work.

[B]

I feel like if I had a much more working car, I'd be at work 40 hours a week, happily. Because it's not the job that. It's not like I'm sitting there saying like, oh, I hate my job. That's why I'm not at work. I need a better job. It's just.

[A]

I very much advocate against it, but I think your parents needed to beat you when you were a kid. This is just. I don't know. I mean, you're. I'm sorry, you're just. Your mind is in that tick tock, finfluencer, dumbass. And you're gonna do. You create like little finance tic Tacs, because I bet you will soon. You're gonna try to show people how successful you are, and then you're gonna lead people to just being like broken.

[B]

Finance tiktoks. I don't know what that means.

[A]

You don't know what that means?

[B]

Like me making finance tiktoks.

[A]

You can't put the word finance and TikTok together.

[B]

And I mean, I can understand the blanket term of that, but I just. I don't know why I would be doing finance tik toks.

[A]

Because you follow you. You. The way you talk, the way you've operated, it's like you've fallen down that rabbit hole. And people like you always end up just start making videos on that. And then you're gonna take all these other impressional people and take them down that rabbit hole, destroying their lives. And it's sad. $24.76 of interest, 27.24% interest rate on here, above the credit card limit, because we're just. How did you mean. You must have been late on payments. You must have had some missed payments that put you over the credit card limit or else why would you even be on that?

[B]

It was just Putting a gas payment on it. I mean, that's the only thing I've ever really even put that card on. Initially it was.

[A]

I can't trust you.

[B]

It was a balance transfer. And I transferred the money over from the capital one to there.

[A]

When?

[B]

Say like a year or two ago.

[A]

Then why would it be over the limit now?

[B]

Because I just never made payments to get it back to where it was. You know, it was at 0% interest for the year, and I didn't pay it off enough to get it lower. So now it's just back up towards that. But I feel like that's the one I have under control the most, where it's, you know, limited spending and I, you know, pay the monthly payment.

[A]

Did you come here and think I was gonna stroke your little egotistical entrepreneurial dick?

[B]

No.

[A]

Is that your intent here?

[B]

No, because.

[A]

What the. You can't acknowledge you're wrong. You're an absolute dumb when it comes to all of this, but you continue to use language that you are not a dumb. Like, I don't understand what we are trying to do here. And it is enraging.

[B]

I can agree that, you know, the financial situation I'm in isn't good.

[A]

Oh, it's not good, but. It's not good.

[B]

But I feel like some of this stuff.

[A]

There's a but with this isn't good.

[B]

But I feel like some of this stuff is justifiable. I feel like some of it's justifiable.

[A]

Okay, let me know when your balls drop and then tell me what the. Is justifiable.

[B]

The gas. I mean, if you look at that Discover card only right now.

[A]

See, gas purchases. You just said they were gas purchases. And I can't believe you, based on everything you've said so far, whether you.

[B]

Want to believe it or not.

[A]

Well, you open the conversation with the shortcuts I'm taking is not spending money on food. And then that's where all the first credit card that was over maxed out went to. And you spend 800amonth on food. Okay. Yeah, I mean, 800 you bring in, what was it, 2,400. Okay. You spend 33, 34% your income on food. Guys, that's my cutting corners. Yeah, that's not even including groceries. Obviously. It's more because you do get groceries. Waste of my time. What is this? This is like a firm or something, isn't it? It's. It's all over. It's all overdue. It just says overdue. Overdue, Overdue. Target. Target. Amazon. Why can't you make a singular payment in your life? You are a child. You should never run a business until you can't. Until you can at least manage your own payments. You're gonna screw over vendors, you're gonna screw over other services. You're gonna screw over other employees or other businesses that you work with. You're gonna screw over your customers. You are not in a position where you should be in any kind of service to others. You're gonna ruin them.

[B]

I agree that I'm not in a position right now and that's why I'm trying to get out of that position.

[A]

Do you start every sentence with a voice crack?

[B]

I. I think that that's something I can actually get out of this situation.

[A]

What? The voice crack situation or the financial one?

[B]

No, I'm just not gonna address the voice crack. Cause that just is what it is.

[A]

Well, you just did.

[B]

If my voice cracks, my voice cracks. It is what it is. But with these. I feel like I'm not in this situation now, but the goal is to get out of this situation. The goal. So we can work towards it.

[A]

Yeah, the goal. The goal, the goal. The goal. Three credit cards. There's only three as far as I know. We'll see. All over. One completely late affirms not being paid on. But the goal. The goal is to be better. The goal. You don't know what the word goal means. What are you talking about? Goal? You're on the other side of the goal. Everyone else is kicking their soccer balls into the goals. You're on top of a skyscraper considering jumping. I don't know what you're talking about. You're not even near a goal.

[B]

Well, I think that's, you know, that's.

[A]

Yeah. What are you say to justify that? Shut up.

[B]

That's.

[A]

The point is getting out noxious. Yeah. You're getting Amazon. Let me see your Amazon account. Let me see. Maybe I'll get a little joy seeing a app instead of your face for a second. Gosh, I'm pissed. I'm. I'm being a little. But it is cuz I. There are not many people I dislike more than your personality. HE GIGGLES Great. He's getting off on this.

[B]

No, I just feel like, you know, there are people that are in positions.

[A]

Oh, we're gonna compare ourselves to other people? Shut the fuck up.

[B]

I'm not getting. I feel like it's.

[A]

You could have connected to the WI FI out in the lobby where it said, hey, connect to the WI fi.

[B]

I didn't think I would need to do that. Come on. I don't think it's loading.

[A]

It's not because you didn't connect to the WI fi.

[B]

Do you want me to? I could just tell you what it was on my Amazon. I don't think you'll believe me, but.

[A]

Why would I believe you?

[B]

It was for PC parts. I got some RAM because I needed to upgrade my PC to hopefully, you know, get this business going and.

[A]

What the are you talking about? How is that gonna get your business to where you want to go? What the are you. What was your RAM situation before?

[B]

It was 8 gigabytes of RAM and I needed to.

[A]

That is pretty okay. What did you get?

[B]

I got 32 gigabytes. It wasn't that much. It wasn't that expensive, but it was enough for my PC to run smoothly so I could edit videos in 4K.

[A]

What the fuck? OK, maybe. I don't know. I don't know.

[B]

I feel like that's something that is.

[A]

A purchase you're overdue on your stupid little Amazon payment.

[B]

Yeah, that. That affirmed.

[A]

Yeah, yeah. Why don't you say some words?

[B]

It was a lot worse before. It was at like, I think $1,900. And you know, I was doing lots of splurging on that before. Before, you know, with that gold prospecting. I loved gold, so I splurged on some gold jewelry there and you know, I splurged on some sneakers on StockX. So, you know, I feel like that was. That card was terrible before and, you know, it's made some good strides. I feel like it's, you know, now you look at it like you said, you're like Target, Amazon. And they were kind of essential things. The Target's just groceries and Amazon's PC parts. To try and make a name for myself another brand. To try and make a name for.

[A]

Myself to rip off another brand.

[B]

That's one. Only one of designs. I have plenty of designs.

[A]

You said you sell one design.

[B]

No, I said that's the one design that has sold the most. So there are other designs that I've made myself that I feel like a lot of people like as well. And if I get the market to it.

[A]

You made your money off of one design? You said not the most. Are you changing the narrative?

[B]

No, it's just that's what I've made the most.

[A]

What are you getting at Target? Because I don't believe for a single second it's all necessities.

[B]

It's just groceries. Yeah, I don't really.

[A]

Really. I Don't believe you. I don't. I can't, I can't, I can't.

[B]

Let's see if I can pull up my time.

[A]

I can't, I can't, I can't, I can't, I can't. I mean, your firm, we got the PlayStation and you're paying for PlayStation. Plus I'm being told you're still paying for EA Play. We're getting a stupid RAM for a stupid PC. So stupid. What? What? They're saying you're buying some producing software. See? Are you making your own EDM now?

[B]

That's the goal again.

[A]

What is the goal? The goal? There is no goal. You have a thousand goals. You have a thousand goals.

[B]

I think it's a good thing to have goal setting.

[A]

It is. If you have a plan to get there. If you ever get to. I'm sorry. I'm sorry. I'm so sorry. I'm so sorry. You're lost, man. You're lost. You're beyond lost. You need a therapist and a mother that loves you. You're lost. I don't know. You're. Dude, there's nothing I can do here. I can budget you. There's Budget, budget. Sure, sure. But you are lost. Beyond lost. This is nothing. This is all mental. This is all mental. And I cannot fix that. I can budget people out of a situation, tell them how to sacrifice you. You're lost. You're lost. And you enrage me to talk to you. Not in the. You. You haven't like, been mean. You haven't. You're just. You are the personality type that I cannot handle. And I don't want you in front of me. I'm going to specifically request. For my own sanity. I need to just be done with this, honestly, because it's a waste of my time. Please go to the lobby. Because I don't want you in front of me anymore. That isn't. Actually. Yes, that is an instruction. You are not welcome on my set anymore because you're. You're lost. I can't help you. I'm wasting my time. Please leave. Walk away. Dude, I'm sorry. I'm done there.

[B]

Was I not.

[A]

Just walk away. I don't want to talk to you anymore. You justify everything. You will not listen to one thing. This is unproductive. And I'm done. I'm done. Dude, I said please. You're not a dick. This is just a waste of time. Okay. Hammer financial score. Go yourself. I know, it's.

[B]

Ah.

[A]

Okay. I'm being mean. Okay. Oh, okay. Okay. What am I thinking? What am I thinking? I'm thinking I'm not having a good time and that it's a waste of time and that he won't listen to me and he has no path in any means a. Like that's. I'm. I'm. I. I don't think I can do that one anymore, guys. I'm done. I'm sorry. I'm sorry. I'm sorry. I'll. I'm going to talk to the producers and stuff in the post show and we'll look at the rest of this. But I'm done with him. That's. He's so done. Okay, bye. What? What a. Wait, there's more.

[B]

Two years late on his taxes.

[A]

Man, what a degenerate. What a slot. What a leech. Bring him back ever. Maybe I do have to call him and probably throw a mug at him to watch the Financial Audit post show, click the join button below.