I Had To Kick This Insane Guest Off Financial Audit

Summary

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Financial Audit Podcast: "I Had To Kick This Insane Guest Off Financial Audit"

Host: Caleb Hammer
Guest: Macy
Date: March 7, 2025

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Episode Overview

In this especially combustible episode, host Caleb Hammer sits down with Macy, a 26-year-old Domino’s employee and former Marine from Colleen, Texas, whose personal finances are in chaos as a result of a compulsive commitment to horses, a house she arguably can’t afford, and a cycle of high-interest debt. The conversation quickly devolves into frustration as Caleb tries to help Macy see the gravity of her situation, while Macy clings to her priorities—even when Caleb points out their long-term consequences. Notably, Caleb ends up stopping the interview in exasperation, marking this as one of the most dramatic and contentious episodes in the podcast’s history.

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Key Discussion Points & Insights

1. Macy’s Background and Income Sources

• Military background: Joined the Marine Corps at 18, was stationed in various states, and returned to Texas after service.
• Current employment: Works at Domino’s for $9.75/hr, ~30 hours per week; not interested in management.
  • "If they want me to be, I will be [manager], but… I’m not interested.” (01:54 – Macy)
• Disability income: Receives $3,800 per month from the VA for 100% disability.
  • “Honestly, there hasn’t been a single person that serves in the military that doesn’t have some kind of disability. So yes, I am 100% with the VA.” (02:59 – Macy)
• Total monthly take-home: About $5,200/month (wages + disability).

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2. Ambitions Versus Reality

• Dreams: Macy wants to live on land and train horses, eventually earning income from breeding and competing.
  • “I want to train my horses and go and show them and earn money… Start a small breeding program.” (06:15 – Macy)
• Reality check: Caleb repeatedly presses Macy on the lack of a concrete, realistic plan for achieving these goals.
  • “To get to this goal, you are requiring a lot of money and we’re not getting there at $1,400 a month.” (05:14 – Caleb)

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3. Horses & Financial Consequences

• Current situation: Macy owns two horses; one acquired at 14, the other purchased recently.
• Horses’ annual cost: Caleb breaks down the average cost per horse as $15,800/year, totaling approx. $31,600/year for two.
  • “Fifty percent of your income is dedicated to horses.” (05:05 & 42:19 – Caleb)
  • “That’s what I want to do with her. Gotta start somewhere.” (05:08 – Macy)
• Rationalization: Macy views the horses as non-negotiable—her life passion.
  • “Not if my goal involves the horses that I have.” (44:14 – Macy)
  • “The horse thing is a non-negotiable thing.” (55:10 – Macy)

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4. Debt, House Purchase & Poor Financial Decisions

• Bought a house sight-unseen in 2022 using a VA loan: $129,216 remaining; $976/month mortgage.
• Massive use of high-interest debt: Took out loans to start utilities, replace windows, and cover emergencies—all at double-digit interest rates.
  • “You borrowed $1,350 but then financed on top of that. The finance charge was $1,115.73.” (31:33 – Caleb)
  • “You literally borrowed $1,080 with a finance charge of $549.” (62:48 – Caleb on Cross River Bank loan)
  • "You borrowed [just] to get tires." (70:24 – Macy)
• Cycle of borrowing: Frequently uses personal loans and cash advances to pay for basic living expenses and ongoing horse care.
• Credit card debt: Owes $20,178 on a Navy Federal credit card, with a $451 minimum monthly payment that absorbs almost a third of her earned (working) income.
  • “Thirty-three percent of your earned income goes to this on a monthly basis… It takes 31 years to pay off.” (73:29 – Caleb)

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5. Financial Blind Spots & Evading Tough Truths

• Victim mentality: Macy blames creditors for offering too much credit, sees herself as unlucky, contrasts herself to those “worse off.”
  • “But they should have known better than to give an 18-year-old [that much credit].” (11:42 – Macy)
  • “It makes me feel better about myself.” (16:44 – Macy on comparing herself to others' worse situations)
• No respect for the dollar: Shows little concern for sums over $100, often dismissing Caleb’s concern as overreaction.
  • “$100 is like—not insignificant, but… in the grand scheme of things…” (25:45 – Macy)
  • “You have no respect for the dollar… Because it is money that you are not working for, I think you have none of the dollar.” (26:04 – Caleb)

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6. The Numbers Don’t Add Up: Goals vs. Habits

• Lack of actionable plan: When pressed to quantify the potential income from showing or breeding horses, Macy can't provide details.
  • “What places make money?” (50:08 – Caleb)
  • “I don’t know.” (50:06 – Macy)
  • “Why are you doing it if you don’t know?!” (48:08 – Caleb)
• Constant rationalization: Macy continually invokes passion, determination, and comparisons to justify her financial choices, instead of facing the math.
  • “I just have determination.” (46:43 – Macy)

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7. Caleb’s Growing Frustration—and the Breaking Point

• Refusal to make financial sacrifices: Macy declares her horses are non-negotiable, regardless of cost or consequence.
  • “Then I’ll work more.” (55:25 – Macy)
  • “No, you're working 30 hours a week, and you said you’re grinding. You can’t work more… You have no respect for money.” (55:27 – Caleb)
• Caleb loses patience: The host becomes openly frustrated with Macy’s lack of seriousness, use of humor as a deflection, and unwillingness to face reality, finally ending the conversation abruptly.
  • “All right, I’m done. I’m done. I’m done… This is the dumbest thing. This is the worst conversation I’ve had in my life.” (81:18 – Caleb)
  • “You’re not willing to negotiate on something that you objectively cannot afford. This is embarrassing—for you, not for me.” (65:02 – Caleb)

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Notable Quotes & Memorable Moments

• On borrowing for utilities & windows:
  • “You paid a fee of $1,500 to turn on utilities, by the way. That’s how that works out.” (36:02 – Caleb)
• On Macy’s ‘non-negotiable’ horse habit:
  • "There's a reason I like animals more than people." (16:05 – Macy)
  • “That’s what I want to do with her. Gotta start somewhere.” (05:08 – Macy)
  • “You have goals you’re trying to get to and you couldn’t start utility payments and you can’t afford anything related to your house. So I think it is price and life impact. And I don’t know what the you’re talking about.” (35:36 – Caleb)
• On financial denial:
  • “You can't afford life. You can't afford anything.” (79:17 – Caleb)
• On potential earnings from horses:
  • “Tell me the why.” (48:12 – Caleb) — Macy is unable to provide any numbers.
• On Macy’s long-term outlook:
  • “You are never going to be in a financially well spot. I know how people like you work unless you completely change this around.” (60:45 – Caleb)
• On Macy’s dad allowing her to take ownership of a horse at 14:
  • "You cannot put a lifetime commitment horse, lifetime commitment on a 14-year-old. That is crazy." (68:13 – Caleb)
• Episode low point and abrupt ending:
  • "This is the dumbest thing. This is the worst conversation I've had in my life... I'm ending this because this is the dumbest thing. This is the worst conversation I've had in my life." (81:28 – Caleb)

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Important Timestamps

| Timestamp | Segment | |-----------|--------------------------------------------| | 00:05 | Caleb reveals Macy spends 50% on horses | | 01:31 | Macy: Marine to Domino’s career history | | 03:06 | $3,800 monthly VA disability payments | | 05:32 | Macy owns two horses; expenses breakdown | | 11:42 | Blaming creditors, victim mindset | | 21:39 | $23k window loan at 10% interest | | 31:33 | High-interest utility loan cycle | | 35:08 | Horse costs—annual, lifetime, opportunity | | 42:19 | Reality of mortgage + horse costs | | 55:10 | Horses declared as “non-negotiable” | | 65:02 | “You’re not willing to negotiate…” | | 73:29 | $20k+ credit card; 33% of earned income | | 81:18 | Caleb ends the conversation in frustration |

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Summary & Takeaways

• Macy’s finances are dominated by two costly decisions: her horses (a lifelong, high-cost hobby and a recent impulsive purchase) and her house (purchased sight unseen, requiring extensive repairs financed at high interest).
• Core financial pitfalls:
  • Massive, chronic use of high-interest debt and credit
  • No clear plan or research backing major life choices
  • Rationalizing poor decisions, dismissing impact of debt
  • Non-negotiable spending on horses, even if it means borrowing for basics
  • Dismissal of advice—Caleb is unable to help her recalibrate her priorities
• Host’s reaction: Caleb moves from concern and tough love to open exasperation, eventually pulling the plug on the session.
  • “All right, I’m done… Download my new, simpler budget app today and take control of your money once and for all.” (19:00, 81:28 – Caleb)
• Broader lesson: Without honesty and willingness to address root problems, no amount of budgeting apps or coaching can alter one’s financial trajectory.

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Listen if:

• You want to hear an unfiltered financial intervention that doesn’t go as expected.
• You’re curious how deeply personal priorities can derail financial planning.
• You appreciate candid, sometimes harsh financial advice and how it can clash with strong-willed guests.

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Hammer Financial Score:
Not issued—Caleb aborted the audit, calling it the “worst conversation” ever on the show.

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For more episodes, personal finance tools, or to appear on the show, visit calebhammer.com.

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Transcript

[A]

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

[B]

For you, not for me.

[A]

50% of your income is dedicated to horses.

[B]

That's what I want to do with her. Got to start somewhere.

[A]

You're trying to rush there to feel.

[B]

Good, be there, like, tomorrow, but you're not.

[A]

You're not willing to negotiate on something that you objectively cannot afford. This is the dumbest thing. This is the worst conversation I've had in my life. But I'm done. I'm done. Download my new, simpler budget app today and take control of your money once and for all.

[B]

My name is Macy. I'm 26 years old. I'm from Colleen, Texas, and this is Financial Audit.

[A]

Colleen, Texas. We always get. Anytime someone from Colleen, Texas comes on their characters.

[B]

What's wrong with Colleen?

[A]

Nothing, as far as I know. I've never been. It's just every time someone comes on.

[B]

You should go visit.

[A]

I don't know. Based on the people I've met that have come there. Every time I have someone on from Colleen, they are wild, but okay. Thanks for coming on.

[B]

Hopefully.

[A]

Does that mean military? Because I know a lot of people there are military.

[B]

I wasn't Army.

[A]

What do you do?

[B]

I wasn't army, though. I was Marine Corps.

[A]

Oh, were. So this is.

[B]

Yeah, yeah. So I joined the Marine Corps in 2016 from Anoka, Minnesota. I went to North Carolina or. Excuse me. I went to Parris Island, South Carolina, for boot camp. I went to Camp Geiger, North Carolina, for MCT, went to 29 Palms, California.

[A]

So you served in the military. Okay. Yeah.

[B]

Yeah.

[A]

Gotcha. Okay, well, what do you do now?

[B]

That's what I'm doing right now. I am a employee at Domino's.

[A]

That's an interesting transition.

[B]

Yes.

[A]

Domino's. What do you do at Domino's?

[B]

Everything. I make the manager or they were training me. They were in the process.

[A]

What was. Why is. Where we're training?

[B]

They've had other people that have shown more interest in becoming a manager.

[A]

You're not interested?

[B]

It's kind of like if they want me to be, I will be. And I think I.

[A]

Well, why would they want to be the person to be the manager that doesn't want to be the manager more than the person that wants to be the manager.

[B]

Exactly. So that's why they didn't.

[A]

So you don't want to be, though. Though?

[B]

Not right now, no.

[A]

Okay.

[B]

It's too much, right?

[A]

That's okay.

[B]

Yeah.

[A]

I just want to make sure I understand where you're at. In terms of what you want. So what are you making this job?

[B]

I make 975 an hour. I make, like.

[A]

Wait, 975. No one even makes that an Austin bit. Like, basic minimum In Austin's like, 16 these days. How is 975 even? I think only that because Colleen's not that far.

[B]

I mean, what's your account from this? And that's so income? Yeah.

[A]

Payroll. 1251.

[B]

Yeah. So. Okay. And also one of those checks, though, in that statement was a light check because my dad had come down to Texas for two weeks, and so I didn't.

[A]

Okay. So what hits your account on a normal monthly basis from Domino's?

[B]

About 1400.

[A]

From Domino's, meaning? Probably something. Okay, well, honestly, there hasn't been a single person that serves in the military that doesn't have some kind of disability.

[B]

So, yes, I am 100% with the VA, so I get, like, 100%.

[A]

Wow. What do you get on a monthly basis?

[B]

About 3,800.

[A]

Okay. Net. That's what your account.

[B]

Yeah.

[A]

Wow. Okay, well, that. Immediate, immediately. Because you would not be able to survive on the 1400.

[B]

No.

[A]

How many hours a week do you work at Domino's?

[B]

Like 30.

[A]

Well, I guess I work my off.

[B]

I love it there, honestly. Okay, so one 30 hours a week. Well, I love it.

[A]

You're only able to work 30 hours a week because of the disability, though. If you weren't getting the disability, 30 just wouldn't be an option.

[B]

I don't. I think it. I'm not exact. I have to. Look, I think it has to do with monetary. So, like, how much you earn. If you earn over a certain amount, then they start taking your monetary benefits away.

[A]

But you discourage you from going and making a career, though.

[B]

No.

[A]

Honestly, though, mathematically, no.

[B]

Because, like, so the life that I want to live, like, I want to live on a piece of property with, you know, and with horses.

[A]

Oh, you're fitting the look. That makes sense.

[B]

You.

[A]

Yeah.

[B]

Yeah.

[A]

Huh. Yeah. Okay.

[B]

I mean, it's my passion, so I can't do that passion yet. Land, horses, freaking. You know, doing that thing.

[A]

Sure. From Minnesota.

[B]

I can't do all of that on thirty eight hundred dollars a month.

[A]

No. Okay, so what's your plan to go from 30 hours a week income at Domino's to rancher, which requires a lot of upfront payment. Well, so ranchers usually work for the cowboys, but cowboy, go, girl, cow. They.

[B]

Yeah. You don't know my gender. It is 2025. I'm a cowgirl. Though, but frickin. So I don't want like a giant million acre ranch.

[A]

I want like girl I've looked at land in Texas. Even like I'm also regular acre. That's like a trillion dollars.

[B]

That's the thing. That's the thing. I'm also trying to move out of Texas as well eventually.

[A]

Okay. Yeah. I mean you can get land anywhere. But what is this. But either way, to get to this goal, you are requiring a lot of money and we're not getting there at no $1400 a month. And then plus the 38, which is $5200 a month, which that itself is not bad.

[B]

It's really not bad.

[A]

No, no, it's not bad. But you're.

[B]

Yeah, yeah. Okay. So I want to. I have two horses I want to train.

[A]

You have two horses?

[B]

I do have.

[A]

What is your living situation?

[B]

So I live by myself in a house that I bought in 2020.

[A]

You own a house?

[B]

I do.

[A]

Okay. Is it a ranch?

[B]

No, it's just, it's just a city house. Like it's just. It's 1300 square feet, three bedroom, two bath on a city lot, backyard fenced in. It's a quarter of an acre I think is what they. They're calling it for the city lot. And then I board my horses at another person's ranch.

[A]

It has to be expensive again. If you didn't have the disability, I don't know how you'd be surviving. I feel like everything's going to come back to the. But if you didn't have. But you do have still. What is this income? How are you getting this income up to live the life you want to live though you're not making that money.

[B]

I want to train horses. Not for other people, but I want to like train my horses and go and show them and earn money.

[A]

I don't know anything about. About that, but that sounds like.

[B]

Start a small breeding program.

[A]

It sounds like one of those things that the rare few make it though. Almost like the arts and other sports in areas. Because it kind of is in that realm of the sport area. Yeah, in a way. And the. It's the rare few that make it.

[B]

It depends on your definition.

[A]

Making it and breeding into the sports horse game, is that not dominated by like a few massive players?

[B]

Yes and no. I mean it's very dependent. There's so many. There's levels to horses. Like you have horses that you can get from the auction for $300 and then yeah, you have horses but you're.

[A]

Trying to make money.

[B]

Yeah, but I'm not necessarily trying to make, like, oodles of money, but.

[A]

Okay, what do you need to make to hit the goal then? What are you saying?

[B]

Because you don't know enough enough to like, sustain a half a million dollar, like, $500,000 house with some property and a few horses.

[A]

Okay, yeah, so what. What is happening right now?

[B]

Okay, so I. Right now, I bought my house after I left the Marine Corps. Like, I joined the Marine Corps at 18. I got married at 19.

[A]

Married at 19?

[B]

Yeah, I got married at 1926.

[A]

So you guys have been together for seven years. You have any kids?

[B]

No, no, no, no, no, no. I got divorced in 2024.

[A]

Sorority.

[B]

Yeah, 2021. Oh, military marriages, they don't last.

[A]

Yeah, that's true. Because everyone just overseas is what, someone else who was sitting in that seat told us who was serving in the military and went overseas?

[B]

Well, yes, there was.

[A]

Is that what you did?

[B]

No, that's what he did.

[A]

That's what he did. He back home?

[B]

Well, no. Well, none of us got deployed. Neither one of us got. Oh, he was serving, but yeah, he was also active.

[A]

Oh, he was based at. On.

[B]

Yeah, so we were both active duty.

[A]

And you don't base at all.

[B]

He was off messing around and. Yeah, so we got divorced in 2021.

[A]

Okay, well, that's a quick marriage.

[B]

Yeah.

[A]

How did that impact everything? That's crazy. That's such a young and quick and fat. You speed ran that marriage.

[B]

Yeah, it sucked because. So we got a house and we were making, like, lance corporal pay. So anything that I bought for the house went on this credit card that I had gotten when I first joined the military. Yeah. So they came.

[A]

What you mean like, like the moment you join, you pretty much credit card, so pretty much.

[B]

Okay, so.

[A]

Okay, but okay, what?

[B]

So they sent down a credit card application.

[A]

Okay.

[B]

Yeah. And so I filled it out.

[A]

And just like, a lot of people. Honestly, a lot.

[B]

Wait, wait, wait, wait, wait, wait, wait, wait, wait, wait. They gave me a $15,000 limit.

[A]

Okay. That's very high. I'm just saying. Oh, my gosh. I'm just saying. A lot of people go to college and they open their first credit card too. So it's relatively similar in that. Yeah, but at least you. But at least you had an income. Yes, the 15,000 hour part is pretty wild. Yeah, people get like a couple thousand.

[B]

Hours and then they both.

[A]

Hold on. But, but, but, but, but, but if that was a big issue, you were the one who put it on the credit card. Not them.

[B]

Yeah.

[A]

And I know it's still a lot of us. We know we don't know much about personal finances in America. We get kind of out on our own, we kind of learn things, blah, blah, blah. Okay.

[B]

I was trying to be like a good homemaker. I was trying to be a good home.

[A]

You guys were on different bases or something?

[B]

No, we were on the same base.

[A]

But he was diddling on the same base with the person he could diddle.

[B]

I didn't know this at the time, but. Yeah, well, so he was. It was. It wasn't even somebody on base. It was his ex over his phone.

[A]

Oh, my gosh. Over his phone. He's just texting.

[B]

Yeah, well, that's still bad. A little wiener.

[A]

Pigs. Oh, a little wiener.

[B]

Oh, yeah, sorry.

[A]

Okay, well, that's certainly not good. And I'm glad you guys got separated. Okay, so you max out a credit card. What?

[B]

Well, so I maxed it out at $15,000 and then we moved.

[A]

Which was your choice to do.

[B]

Yes, it was.

[A]

It wasn't their fault.

[B]

But I was trying to provide a good home, like I was trying to.

[A]

That's not providing. What were you doing to make the good home on the base?

[B]

Like buying. I was buying stupid from Walmart. Like, I was buying.

[A]

Making a good home.

[B]

Well, I was buying, like, curtains. And I thought that's. I thought that's what made a home, obviously.

[A]

Well, I mean, that stuff is nice cash flow. You both were making money.

[B]

Very.

[A]

No, I mean, but it was still money. It was. You weren't going into like student loan debt, you know, or anything. So you're in a position where you're actually making money, which might even be more dangerous because you have a little less life skills at that point. Because everyone's in finalize these days, you know, at 18, and you went in there and you all of a sudden started making money and it made you spend more than you made. Not necessarily you chose to do that, but, you know, you may have been more inclined to do so versus those who go in college, don't have an income source. So there's less money to spend. So less opportunity to make those mistakes. Maybe. I don't know. I'm just thinking myself through that. But potentially.

[B]

But they. They bumped up my credit card twice without me knowing. So they bumped it from $15,000 to $20,000, and then they bumped it from $20,000 to $20,000.

[A]

It's still your choice to spend, so I don't really care. I mean, obviously they wanted to make Money off of you. They provided you the product. You're the, you're their product, though. Yeah, well, I need to change your mindset on this. I. Listen, I agree. 15,018, that is pretty crazy. You're still the one that did it though. If we're looking back to eight years from now and we're talking about how they gave us credit, the bank gave us credit, and that's all we're talking about, not what we did with it. That's a dangerous mindset to immediately have going into this conversation.

[B]

But they, they should have known better than to give an 18 year old.

[A]

Sure. Except they actually did know better. They made a lot of money off of you.

[B]

Them for that.

[A]

Amoral. Yes, I agree. But you are still the one that did it. It was your actions that put you into that position and immediately going. And blaming them, which there is blame on them for offering that product to you. You immediately went on that. A little more on the victim mindset versus the I did this.

[B]

But it.

[A]

If you were saying that at 19, I'll be okay. You're 26. This is eight years ago.

[B]

Okay.

[A]

Huh.

[B]

I've been, I made, I've made every payment. I haven't been late on any payments.

[A]

But minimum monthly payments.

[B]

Yeah, but.

[A]

So we don't even know what this looks like today.

[B]

It's not great.

[A]

Six years later for Walmart curtains.

[B]

Yeah. And I mean other household essentials. Like for a while I was in this really bad cycle of like Navy Fed gives you this checking line of credit for 500. So I would like spend all my money and then go into this checking line of credit and then have to use my credit card and. Yeah. So I mean, it kind of just got used for everything for a while there.

[A]

Why weren't you cash flowing things? Why aren't you guys following a budget again? Were you educated on it? No. This is what happens with every American. We all go through that same experience. But I want to know why. Because obviously that has not changed today. And we're talking about today how I.

[B]

Got to this experience or how I'm getting to this experience.

[A]

No, why you weren't cash flowing.

[B]

What do you mean by cash flowing? Please explain buying things with cash because I had no cash. Because it all went to bills. It all went to bills.

[A]

Bills. Though the bills can be different. Were they bills that you put yourself.

[B]

In or it was like, like just living expenses and also like, I don't know what the me and him never had combined.

[A]

Are you married again? Have we remarried?

[B]

No. Why I'm asking, I don't know.

[A]

Because you're someone that already got married, so I would.

[B]

Oh no, I don't ever plan on doing that again. That was a Marriage is a trap. It is a trap.

[A]

I think there's many people who are very happy. I think you just married a bad person and you were guys were 18, like dumb 19. Yeah.

[B]

Yeah.

[A]

Well, with no real life experience, that's.

[B]

Enough experience for me, man.

[A]

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[B]

Yeah, there's a reason. There's a reason. I like animals more than people.

[A]

So where do you see yourself? 0 to 10. 0 being the worst finances, 10 being the best. Where do you see yourself today?

[B]

0. But I'm not, I'm not as bad as some people I've. I know.

[A]

Like why do I give a about them? Why do you have to compare to them? Boom. It's not your fault at the beginning. It's not your fault at the beginning. It was the credit card people who raised it up and now we're in a situation where I am, but I've seen other people that are more. Who cares? What does that matter? No, that is a hard cope. That is a beyond hard cope. Why does that matter? Why did you say that?

[B]

It makes me feel better about myself.

[A]

It makes you feel better about yourself, but that doesn't get you anywhere. If you are able to say that you are okay because you're in a better position than other people, that is going to prevent you from going to the next step. That doesn't get you anywhere. That doesn't do anything productive to you. It might help you fall asleep for that evening, but that doesn't actually make any real long term progress. Well, if you want your Hammer Financial score, it's free. A link in the description below. And if you want to come on the show, get a nice beat and a tough love and hang out with all of us down here in Austin, Texas, all you have to do is go to caleb hammer.com apply. We'd be happy to do that and get you here. So you talked about this house. What's up with the house?

[B]

So the house, I bought it sight unseen in 2020.

[A]

Really?

[B]

Yeah.

[A]

Why? What is up with people doing that? Why would you do that?

[B]

I was kind of in a 2017. No, no, no, no. 2020. I bought it in 20. Gosh dang it. 2022.

[A]

And you said VA'd?

[B]

Yeah, yep. VA. I bought it sight unseen. The realtor just like sent me videos and I was like, yeah, it looks great.

[A]

Where were you?

[B]

I was in North Carolina at the time.

[A]

Why?

[B]

Because that's where I was stationed.

[A]

Okay.

[B]

Yeah. And then I sold my Jeep. I had a Jeep that I took out the equity on my car to get to.

[A]

I'm asking about the house.

[B]

Yeah.

[A]

Does that have to do with the house?

[B]

I mean, I sold the Jeep in order to move down to Texas. Like to get the funds tax to.

[A]

Get to the house you bought, you had to sell the Jeep. Yeah, I don't think you were in a position to get a f. Cking house if you literally couldn't afford moving.

[B]

I mean, I'm here.

[A]

Okay. Yeah, you're here on this show. Meaning things are not good.

[B]

When I bought my house, I didn't realize, like, how much it was gonna be to start, like, get my electricity started and get my water started and, like, all this other stuff. And then I had to buy windows.

[A]

I had to buy windows. Why? Yeah, an inspection didn't.

[B]

No, they passed inspection. I don't know how, though, because Kind.

[A]

Of inspector did you get. What do you mean? What was wrong with the windows?

[B]

So the windows that I had in my house when I first bought the house was single pane aluminum windows that literally rattled when the wind blew. And so my electric bill was exorbitant.

[A]

But you didn't need to cash flow the windows immediately.

[B]

I mean, I tried. So I tried, like, window insulation kits, like, to try and keep the ins. Like, keep the heat in.

[A]

Yeah, I get. It was brutal. But you were forced to do it immediately.

[B]

Not immediately. This was a. This was like a year after I bought the house.

[A]

So you were going into a home purchase, but didn't know that you had to turn on utilities and that that cost money. What did you. What? No, no, no. Your realtor failed.

[B]

Yeah.

[A]

But you failed by not asking questions at the same time. I did not know what was going.

[B]

Basically in the fetus position the entire fucking time.

[A]

I don't want to picture that. Why did you go into this home purchase? Why are you so. Why were you rushing into this so much?

[B]

Because. So I had just gotten out of the Marine Corps, and I was like, not really in the greatest of headspaces. And I was like, I'm just gonna go. I didn't know, like, I knew two people in Texas. That was it. And I've been. I just was like, I'm going to go to school to be a vet. I had always wanted to go to school to be a veterinarian. Equine veterinarian. So I was like, I'm going to go. I'm going to do this damn thing. I'm going to move to Texas. I'm going to go to Texas A and M. I'm going to do this.

[A]

Okay. I love that you didn't have to buy a house to do all that, though.

[B]

My thought was that it was like an investment because I was like, well, this isn't going to be. I went into it knowing it wasn't going to be my Forever home. But I know with it being really close to the base that's there, that there's always people coming in and out looking for places to stay, like Airbnb.

[A]

Okay, so what's the issue here? What's the issue here?

[B]

What do you mean, issue?

[A]

Okay. Okay. All right. So you owe a hundred $29,216.33 on this. It's a pretty cheap home.

[B]

Yeah.

[A]

Honestly, with a 976.21 minimum payment, it's a good payment.

[B]

Yeah, it's not bad. Like, I was looking at what I was spending renting in North Carolina, and I looked at my house payment. I was like, I can actually put my money towards something for myself versus just literally just throwing it away.

[A]

Yeah.

[B]

I think that was also part of.

[A]

The reason why I kind of jumped 5.7% rate. It's kind of normal where things are. I have this loan balance for $23,536 at 10% for mosaic. Is this. Yes.

[B]

What is this?

[A]

That's the windows.

[B]

That's the windows. I did not do any research. I did not. I literally.

[A]

Does research have to do with taking out a 10% debt? Research on what? What do you mean?

[B]

Windows themselves. Like, I did.

[A]

What does that have to do with the 10% debt?

[B]

I didn't do. Like, I should have looked for a better rate, but I did it right.

[A]

What do you mean? But, like, again, I. We had the conversation of, did you have to do this immediately?

[B]

Well, okay.

[A]

You didn't have to do it immediately. Also, windows are expensive. Also, why didn't you get different panes? We could have done. I'm doing pain replacement at my house. That is beyond cheaper than window replacements.

[B]

So pain replacement. I don't think you can replace the panes on a. Do you want to see? I'll show you pictures of my windows, then you'll understand.

[A]

I'll take a look at it. I'll take a look.

[B]

It's from the 60s.

[A]

I'll take a look at it is what I just said.

[B]

Okay, hold on. Hit your mic with my hat.

[A]

Okay, so, like, put it on screen for everyone.

[B]

I don't know where do I do that?

[A]

No, no. We will put it on screen for. So, yes, it's old windows. I had this in my 70s condo.

[B]

Yeah.

[A]

So it's. I. Mine were 10 years newer. It sucks. I get it. It's just. But you're really trying to figure.

[B]

I had that, like, first, like, 600 electricity bill, and I was like, dude, that's brutal. I can't do this.

[A]

And so then you couldn't buy a house.

[B]

The payment. You couldn't buy a payment for the loan is a. What? I'm saving on my electric.

[A]

No, you are not taking account the interest that is accruing. You are going to probably pay more over time. Well, we're getting a 10%.

[B]

That's over time. Like I'm not really concerned about over time.

[A]

Well, then you're not going to get anywhere over time. What's your retirement at today?

[B]

I had a TSP through the military that I pulled when I.

[A]

So you. Overtime matters. Overtime. We're. I'm trying to. I'm thinking about you. I'm thinking about your future. When we're talking about a house, we're talking about overtime. If we're talking about a house, we're not talking about now. When we talk about real estate, we talk about overtime. Real estate's not a one year game. Real estate's not a three month game.

[B]

Well, I. I wanted new windows, so I got new windows.

[A]

There it is. There it is. You spoke the truth on the situation. Instead of trying to justify your way out of it, you spoke the truth. The electricity bill probably sucked. The rattling probably sucked. You couldn't afford to buy a house, so we sure the couldn't afford what you did on the windows. And yes, you could have gotten new panes. Well, if you talk to a contractor, I know you did. And now we're. When did you get the new windows?

[B]

February of 24th. So actually a year ago. A year ago.

[A]

A year ago. 23. $536.65. Still owed on it.

[B]

Yeah.

[A]

At a 10 interest rate with a minimum monthly payment of 336. What's your energy bill today?

[B]

Like 300.

[A]

Okay, so no, you said it was 500 and this minimum payment makes up for it. No, it doesn't. Combine them both together. 316. No, you're under by $136, so again, yes. But you lost it. You said you made up it. You're not making up, you're under. So you've lost money. Yes, but you lost. But. No, no, that's not the point. That's not the point. Hey, listen, you tit. You tit. Listen, I'm concerned you don't know what I'm talking about. You specifically told me this loan's okay because of the difference between the electricity bill between then and now. I have actually saved money, when in fact you're actually losing it. In addition, 1:36,000. You said you made the difference. You're not breaking even. You're down 136. You're not breaking even. You're down 136 compared to the 500. Guess what. Guess what. Guess what, huh? Guess what, cowgirl. Huh? 27% extra on top of that, plus the 10% interest. So in reality. In reality, you lost 37%. That was incorrect. What you said incorrect.

[B]

It's about. It's about. It's like a hundred dollars. $100 is like. It's not insignificant, but, like, in the grand scheme of things, not insignificant.

[A]

What are you talking about? Not insignificant?

[B]

Okay, so I spend. Okay.

[A]

You have no respect for the dollar. Is this because.

[B]

Listen to my brain.

[A]

Listen, listen. You have a disability that came from the military. So because of that, money is coming in. I don't have a problem with that. But because it is money that you are not working for, I think you have of the dollar. And I think because you're saying $100 is nothing. $100. $100 in a position or someone making $1200 a month from their actual work is huge. Is huge. $137 up. You make 1400 of your 136 extra of your 14. By the way, that's like a minimum monthly debt payment. A substantial minimum debt payment. That is almost 10%. That is almost 10% of your income. You're saying that's like significant 10% of your income. 10% of your income. I want you to invest 20% of your income. Good place. By retirement. You're saying 10%.

[B]

Me out of this debt, and I will.

[A]

That's not the point. You tit again, that is not the point. I am saying 10% is significant. If I want you to invest 20%, you are saying half of that doesn't matter. Shut the up. You're trying to justify your want. All right, guys, this is super exciting for this financial audit channel. I got big news for you today. For the rest of this week, if you join our YouTube membership at the elite level or upgrade from pro tool, I'm going to pay for it. I am going to directly reimburse you for the $5 for upgrading, or $10 if you join now, it's essentially like a free trial, except since it doesn't offer it, I'm gonna pay for it for you. All you have to do is follow the instructions that I'm gonna post in the membership area, send us that proof, and I'm gonna send you the money, and boom, boom. You joined Hammerly for free? Yes. Seriously guys, there's thousands of hours of extra content there. You got two exclusive member audits a month. The ability to call into our new live show, which is also two a month. You just broke Lindsay's heart.

[B]

No, that's not true.

[A]

Honestly, Ashley, that's Lindsay for you. Weekly live streams. So Caleb, what's your Social Security number? Caleb? I'm doing it. 3, 8. Make a hold of it. That is definitely going to get on your shirt. Three, two. And every single financial audit post show, plus member weekly videos. It's crazy how much we have going on. Well, I got so drunk I kissed a grandma in Spain without with only partial consent and then it ran off. Plus it really helps support this channel. So let me pay for it for a month so you have the opportunity to check it out. Make sure you click the link in the description below or the pin comment below and I'll see you guys there. And again, make sure it's the middle tier Hammer elite so that I pay for it. This offer expires at the end of this week. You could not afford to buy the house. I want you to get into a house. I really do. Trust me. People don't even like that. Real estate is a part or a major part of the Hammer financial score. But it's. It's important to me. So for my score, I put it there. I like real estate. I want you to get into real estate. Yeah, you couldn't. You couldn't. If. Even if you couldn't afford to start the utilities, you couldn't afford the house. If you couldn't afford to move to the house, you couldn't afford the house. If you can't afford just the basic maintenance that comes with the house, you couldn't afford the house. It is as easy as that.

[B]

The house has gained like $30,000 in value.

[A]

You're lucky on that. That is market moving. That is not something you did.

[B]

No, I know it. Well, I mean, I know it's not something that I directly did exactly.

[A]

It could have equally at the same time gone down in value depending on the year. Military bases, sometimes they close. Colleen, that would be a crazy one to.

[B]

That would be insane.

[A]

It would be insane. But say we entered a massive recession and they were looking for places to cut back again. They typically spend more during recession anyway, so probably not.

[B]

But doesn't war usually bring us out of like that too? Like recessions and stuff. Like historically like World War II brought us out of the Great Depression.

[A]

Mixed here and there. Depends on the economist. You Speak to. I don't really care.

[B]

Okay.

[A]

What I do care about is that you're accruing interest of $45. You're at a 10 interest rate. Literally just the windows. How much did you borrow for this?

[B]

The entire thing. 20. Like 25,000. I want to say around 25,000.

[A]

So what is the payment term on this? If it's 25,000 from a year ago and you're only down to 23,5, the 106 payments remaining. Good death.

[B]

How many years is that?

[A]

What do you think I am typing into my calculator?

[B]

I don't know.

[A]

It's a nine more years.

[B]

Oh, that's okay. Wait. No, it's not. It's not as bad as I thought it was.

[A]

That's okay to you? That's acceptable?

[B]

I mean, it's better than what I expected. It's not acceptable. It's better than what I expected. So it's better than expectation.

[A]

I have a very bad matter anyway because I go to this next one and it's just a loan. You literally borrowed 1,350 but then financed on top of that. The finance charge on top of that was 11, 15 and 73 cents. That's crazy. Plus the origination.

[B]

Is that the older one or is that the newer one?

[A]

How the. What? I know you are supposed to tell me that.

[B]

I know. There's two from the same.

[A]

I don't know. This one's from 6. 6, 24, 22. Is that the older new.

[B]

That was the one that I took out for the house when I first moved to turn on utility.

[A]

You borrowed 30% for the starting utilities?

[B]

Yeah.

[A]

This is the dumbest real estate. Real estate. Just like. Just like a. No real. Real estate can tank you or it can take you. You got tanked and you bragged about a 30, 30000 hour increase in value. That's how much your debt was for the windows and no, it levels. It doesn't because you are. No, it doesn't. You're laughing about that? What are you laughing about? I don't know. No, what are you laughing about? What are you laughing about while I'm trying to make a point?

[B]

Because it breaks even.

[A]

Does it? You have 10 interest on it. What do you think 10% of $30,000 is? Does that break it even? No. Stop being a giggly little something that's not taking this seriously. This is your house. This is your life. This actually matters. Answer my damn questions and go through this conversation with me, okay? Instead of trying to make something A cutesy little joke.

[B]

Okay, you're gonna love the next one then. So you know those windows that I borrowed?

[A]

Shut the off. I haven't even written this down yet. I'm trying to figure out your old balance on this. Do you know your old balance on this?

[B]

Currently, I think that one is less than a grand. It's like 900 something.

[A]

$900 on the utility startup loan?

[B]

Yeah.

[A]

At 26.83% interest. 900 owed on it. We'll say. I'm actually going to round 200 because you said less than a thousand, so I'll just do a thousand.

[B]

Okay.

[A]

Okay. So middle monthly payment, it looks like ON this is 41.8. Yes. Yeah, this is just to start utilities.

[B]

So it didn't look as bad because it was only $41 a month.

[A]

Oh, I guess I missed a debt loan. What is this?

[B]

I have one that was like 1200 and one that was 1500. The 1200.

[A]

The mosaic.

[B]

The mosaic was the windows. Lakeview is my morning.

[A]

Wait, what is this? Why does it say horse? Oh, you have a horse? Is this. You have a horse debt? What is a horse debt? What is a horse debt? Is it debt for a medical, or is this for the even horse itself?

[B]

It's for the horse itself.

[A]

200 monthly payments. 200 for the horse itself? Is the horse. What do you mean? Is this a car?

[B]

No.

[A]

What are you talking about?

[B]

So I bought the horse from.

[A]

From my friend.

[B]

Yeah. In July.

[A]

And for how much?

[B]

4,500.

[A]

Oh, you're lucky. It's zero percent.

[B]

Yeah, I am lucky on that one, but yeah. So 4, 500 for her, and it's 200 monthly payments. And I was also able to work off some of it. So it. I bought it from the. The guy that owns the ranch that I board my horses at. So when I first bought her, I was able to do some work around the ranch and work some of it off as well. Like almost 200 of it. But I did the math the other day, and I should be owing him for like. Like 22 months from time. From the beginning.

[A]

Thousand four hundred dollars of earning income on a monthly basis. Let's look up. I have some stats here. Horse. Guess what? Obviously they live 25 years.

[B]

Yeah.

[A]

On average. How old is the horse?

[B]

She's seven.

[A]

Okay, so seven. But guess what? Yearly average maintenance for a horse is $15,800. And you have one or two.

[B]

I have had. I've had the one since she was 14 or since I was 14. So I've had her Since I was a kid. So her expenses to me, like don't even matter. Like they are priceless. I don't even. But.

[A]

But they are price.

[B]

They are price money.

[A]

And you have goals you're trying to get to and you couldn't start utility payments and you can't afford anything related to your house. So I think it is price and life impact. And I don't know what the you're talking about. So 15, 800 for one horse, but you have two. That's insane. So your average maintenance of the horse on a monthly or annual basis. Sorry, annual?

[B]

Yeah.

[A]

Is 31, 600. If you didn't have the military, if you didn't have the.

[B]

Oh, no.

[A]

So over their lifetime, that is $79,000.

[B]

Yeah, yeah.

[A]

$79,000.

[B]

Yeah.

[A]

And that's like 200 to 500 in veterinary care. Feeding is 1,200 to 2,500. Health care is 400, 800 and boarding is 3,000 to 12,000.

[B]

Yeah.

[A]

That on of the 25 years or if I'm just. Again, I'm just. Let's just talk about. We already know you're losing money. We already know you're in horrible debt. We already know that even the equity you gain in your house, it doesn't even matter because of your window loan debt and then your utility debt, which you paid an extra thousand five hundred just to be able to turn on utilities. And extra. You paid a fee of $1,500 to turn on utilities, by the way, is how that works out. Well, let's just say this. Let's say, let's think about lost money, money and lost time. So $31,600 a year, right. Over the course of 25 years. You take that. Let's say I invest it. I open Moomoo, my investment app that I use. $31,600 a year, 10% return S&P 500 over the course of 25 years. Okay, so what's your lost money? You essentially lost. And I'm not saying you can't have a horse, but in your position with no retirement, actually pulling money out of retirement, which I need to know more about, you lost 3,000,107 dol.

[B]

Okay, I. I heard it's a good thing to laugh. I heard this saying once. It's. It's. You know how you make a small fortune with horses?

[A]

Nope.

[B]

You start with a large one. Yeah.

[A]

Major channel announcement. Budgeting. Budgeting. Budgeting. It's a new year. We're all trying to budget. We're all Trying to make it a little better. We're trying to improve our life. A lot of people on the show, a lot of people out there that I've heard from, they try to start a budget, they can't stick to the bud budget. It's because it's all too damn complicated right now. You use any of the budgeting apps out there, it's crazy. It's hard to know what's even going on. It's impossible to set up and it's a chaos to manage. That's why over this last year, I did the thing, I made a budgeting app for you guys. This does not need to be complicated. You're trying to take control of your life. So it should be simple, it should be chill, it should be easy to set up and easy to manage. I've called it it simpler budget because that's all it is. It's your simpler budget. But we up the ante with continued education and an ad free version. In the premium version of simpler budget, you can track your spending, set goals and stick to a plan that actually works by connecting to all of your bank accounts automatically. No manual stuff here. There's actually weekly live sessions with financial professionals to answer your questions and keep you on track. They'll be teaching lessons and you can, you can ask them things and they will actually help. There's also weekly mini classes keeping you up to date and educated on every financial topic you need to improve your life. Plus, for a limited time right now you get access to our new budget friendly cookbook with 55 money saving recipes to eat well without overspending. It's time to actually make a budget and stick to it. For the first time ever, let's take control of our 2025 and make this the the best year ever. Download the simpler Budget app today. Link in the description below. This budgeting app will change your life. I love that we're able to summarize our entire life and the goals we're trying to get to and everything we care about down to a joke. Because in the end, that is what your life is right now. A joke. You're set up with incredible benefits where you have this first disability. I know it's for something. It's not like, I mean with those. Shut the up. I am talking like lady. So I mean, no, I, that I am talking. No, I am talking. I am saying you got the opportunity where you get the benefits. Obviously yes, it is because of a thing that you are receipt something that happened. But $3,800. Okay. You have that on a monthly basis forever. And you got access to a VA loan, but you're squandering it by getting into a home that has increased in value. But you're not able to realize because you have actually lost money via the interest on the loan loans that you have taken out. And because of the loans you have taken out, you are then putting money into horses that you cannot afford because you really don't make much money. And you are losing any opportunity for investing on that money because you are throwing half of your salary after benefits a year to horses. And then you pulled out of your tsp. Tell me why, when, what so I.

[B]

Pulled out of my tsp. I pulled my entire tsp. It was like $1200 when I moved.

[A]

So that covered the move.

[B]

That and that other loan, it was like 2400 altogether.

[A]

This house.

[B]

But it's my first house. Like it's what, it's senate.

[A]

What the do I give a about that first house, guys? I'm allowed to get my life ruined because it's my first house. What the is that even even mean? What are you even trying to say? What are you possibly trying to say right now?

[B]

People up.

[A]

People do up you up over a 30 year loan.

[B]

Yeah.

[A]

Well that's multi hundred thousand dollar. You're not doing anything I don't know to fix it. I don't know what you're talking about. Your miscellaneous purchases alone were in the hundreds and hundreds of dollars in this last month. So I don't know what the you're talking about. You're keeping. You say you want to fix this. You have these horses that cost $30,000 a year to make maintain.

[B]

Yeah, my spending was better.

[A]

You make $60,000 a year with your benefits. I don't know what you're talking about. Trying to fix it. You are keeping these anchors of your life. You essentially have $30,000 a year to play with if we use.

[B]

I'm not getting rid of my horses.

[A]

Not even saying that necessarily. But of the $30,000 a year, that equals $2,500 net left in your bank account. Of the what was your mortgage like? 900 bucks.

[B]

975.

[A]

975. So of the the 2,500 that you have now on a monthly basis, your mortgage is your cheap mortgage, to be clear.

[B]

Yeah.

[A]

Cheap mortgage is taking up 40% of your leftover money. That's crazy. It'd be more like 25% of your money before. But since 50% of your income is dedicated to horses you're not getting to the goals you told me at the beginning. You're not. Because you're putting. Having horses or doing horse girl math over the reality of life.

[B]

I want to do with her.

[A]

It's what you want to do, but you're.

[B]

You gotta start somewhere.

[A]

It is what you want to do. You are limiting your being able to get to what you want to do because you're trying to rush there to.

[B]

Feel good, be there like tomorrow, but you're not.

[A]

So you're never going to. It is as easy as that. Those of us that rush to get to our goals without actually following a plan to get there that is realistic, never reach them. And you're making it so I care more about your goals than you do. When did you get the other horse? The original horse horse? OG.

[B]

Oh, OG. She. I got her in 20, 2012.

[A]

It's crazy. You do not leave this building until you download the simpler budget app.

[B]

I already did.

[A]

Good. You get premium forever because you're a guest on the show, so you better utilize it. But the crazy thing is, I bet if we put in there, we'll see 40 of our money. Just in the horse category.

[B]

Yeah.

[A]

Which is insane because it's automatic connections and all this. You guys get two week trial. But. But that's crazy. That's crazy that we would open it up, your budget now and we'd see 40% towards horses. Horses. That's what. That's. We can giggle about it, but that's losing everything. It is losing every goal that you want to get to.

[B]

Not if my goal involves the horses that I have, my board and what it costs to feed my horses and everything a month is like. Like $1,200, $1,500 a month.

[A]

Is that. Is that everything or is there more into it than that?

[B]

So I.

[A]

What does it cost? What's it. What is it costing you on a monthly basis?

[B]

So for like hay, it's like $250. Just for grain. It's for grain. It's $250. That's. And then their supplement is $200. It's like $100 a month for the two of them. So it's like 100. So it's 200 over two months. And then my board is $125 a head. So I have two heads. So that's 250.

[A]

No.

[B]

And then my 200 payment on top of that for the one horse.

[A]

And then plus vet care.

[B]

So. Yeah. And then every six to eight weeks they have to get Their hooves trimmed. Am I the. The son of the owner of the ranch? He does my feet for my horses. And that's $250 a month.

[A]

You don't have this money. You have debt. We have debt. You're paying off from windows from a year ago. You're still paying windows for a year ago with 10%. You're still paying. You moved into your house, what, a year ago?

[B]

No, two years ago. Almost three. Almost three years ago.

[A]

That makes it worse because you moved into your house three years ago and you are still paying on your literal bill to start the utilities. And we're focusing on thousands of dollars a month for priorities, man. Yeah, your priorities. That's what I'm saying. And it's not a joke. It's not a joke. Your life matters, but maybe not to you, of which what the is the point.

[B]

There's also going to be other stuff added because, like, I'm really trying to get a truck and trailer by the end. End of the year.

[A]

No.

[B]

Yes.

[A]

How much does that cost?

[B]

Well, so I'm looking at trucks that are like less than 10,000, because that's, like, the only thing that I can afford.

[A]

You have no desire to actually meet the goals that we talked about at the beginning. You're never going to get there. You're never going to get there.

[B]

I don't know.

[A]

You don't know?

[B]

I think.

[A]

How do you not know you're never going to get there?

[B]

I think I can.

[A]

How? Explain the map.

[B]

I don't know. I just. I just.

[A]

You don't know?

[B]

I just have determination.

[A]

That determination does not do. That is not how that works. That is not how that works.

[B]

I think I can. No, you have think I can. Isn't that how it works?

[A]

Shut the up. It is not funny. I am trying to get you to your goal. Stop being a dumb. Listen. Listen to me and explain to me how you're actually going to get there. Please tell me.

[B]

So the idea was like, I get this horse, right? And this horse has potential due to, like, her bloodlines and also, like, her athleticism and everything. So she has potential to do some really cool things. So my thought process was to buy her and train her and then go and show her and win money.

[A]

And how's that gone?

[B]

Well, I mean, I need to train her first, which.

[A]

And how's that gone?

[B]

Not horrible, actually. I just need. I need to go to these clinics, which clinics are also extremely expensive.

[A]

Price, maybe make money.

[B]

Some of the small ones, it's like 500 for some of the bigger ones. It can be like in the thousands. But yeah, and then so then after that, then I get her trained, I go to these clinics. I. But I need a truck and trailer to be able to do all of that. Like at the end of the day. A truck and trailer, like.

[A]

But you're talking about. What are you talking about? Earning conservatively. What are you talking about?

[B]

Hey, no, I really don't know.

[A]

Then why are you doing it if you don't know?

[B]

Because I know.

[A]

Because it's not an answer. Tell me the why.

[B]

I don't have a number. But it's.

[A]

Well, you should have a number. If you're investing $10,500 into it, plus $30,000 a year, plus the payment to get into these shows, you should probably have at least a little bit of a number. I don't invest into anything if I don't at least have a little bit of a number. And then I go on the conservative side. So what the are you telling me? What is it called? What, what are you going to be in? What level is it going to be called? Let's do a little bit of research. Tell me.

[B]

So I want. So it's okay, the whole the world of hors.

[A]

I'm sure it is. How would you give me something to work with?

[B]

So like do a cutting clinic.

[A]

And what would it be called for you to make that money?

[B]

What do you mean? What do you mean?

[A]

So you pay to get into the clinic, right?

[B]

Yeah, you told me to treat. That's to teach my horse. But it's be like a cutting show. So then it's. You have different levels.

[A]

You get paid to be in the show. Do you get paid based on the results of the show?

[B]

It's winnings?

[A]

Okay, so a cutting show.

[B]

You can also get sponsors and stuff, much like you were talking.

[A]

What level is your horse at at right now?

[B]

Well, right. What level would it be Kindergarten right now?

[A]

What level would it be at in sweating?

[B]

No, it depends on how many clinics.

[A]

I can give me a answer for us to.

[B]

Because there's so many hypotheticals.

[A]

Yeah, but hypotheticals does not. So many hypotheticals does not work in the world of like investing. We want at least an idea of what we're trying to get to.

[B]

Okay, so like a couple.

[A]

I base. I base my investments off our historic returns or I base my investment massive based on like when we invested in the budget in apricots hundred hundreds of thousands of dollars, we based on what we think we could get in terms of what could we actually Build with that. Would people actually want to use it and other people that want to use it? How many people are willing to support us? We were able to kind of come up with a conservative number and we're like okay, it is worth it to do this. So we figured that out. What would you possibly make in a normal world? How often?

[B]

I don't know like if I go like once a month and I, I win like first place at some of the. I don't know, I don't, I don't.

[A]

What places make money.

[B]

I don't know. I need to learn about the world.

[A]

Investing into this without even learning.

[B]

Not necessarily. I know something. It's a different. So okay, so I've been in the horse world since I was 8 years old. So it's not that I don't know anything about the horse world. It's. I don't know about this specific side of the horse world. Like I could, I could tell you about like barrel racing but I'm not trying. I don't want to do barrel racing.

[A]

You need to tell me about the thing you want to do. How can, how are you not able to. To tell. Talk to me about what you want.

[B]

To gotten there yet but you're willing.

[A]

To invest $10,500 into it and a one time purchase with the horse with a trailer and then you're willing to do $30,000 a year on the horses. Then you're willing to spend time on training which is the opportunity cost away from your work. The truck career.

[B]

The truck is like a must. Like I am going to be getting.

[A]

No, the Internet doesn't even know what are you referring to? Haircutting, timber logging, meat cutting. What? What is it?

[B]

What do you mean me?

[A]

Oh, I said our. That's why.

[B]

Yeah, but so like the truck is a, is a must because I need like I was late today because I was waiting on somebody.

[A]

Yeah, you were. Now I'm late for the people who are subscribed to this for the live session that I'm doing.

[B]

Yeah, like I was late today because of freaking. I would. I need to borrow other people's trucks to go get hay or food for my freaking horses. Like the truck is a must. Like that is that will be happening by the end of the year price.

[A]

Pools like 5,000, maybe 2,000. It really depends. Obviously it can range high and this is for like second place. Entry fees are 500. So you're buying for the chance to win. So there's not only that but you're buying entry into These competitions.

[B]

Yeah.

[A]

Geez. For sake. This is.

[B]

That's why I want to.

[A]

You're doing this as a wild want. You're doing this as a want, not a businesswoman.

[B]

I've also thought about doing like a small breeding operation, but that takes money to start up also.

[A]

Exactly. And you probably have no data or anything around it that you're able to speak on adequately enough for us to determine if the money you are willing to invest into it actually makes sense.

[B]

I mean, yeah, I really don't really care at this point. Like, it's kind of.

[A]

Why the are you here then? Why the am I wasting my time with the conversation with you?

[B]

Because I want to make it work.

[A]

Make what work? Because I don't support this. Make what work? I don't support this at all.

[B]

I don't know. Like, I.

[A]

This is a hobby for you, what.

[B]

I want to do.

[A]

But you're not able to speak on how you're able to make it work for the rest of your life. And if you can't even say a literal number, we can't talk about the rest of your life.

[B]

I'm not.

[A]

If I am more educated on what you can make out of a competition than you someone who doesn't give a. A, then you should. This shouldn't even be a consideration for you.

[B]

I'm not. I'm. I may have put the wagon before the horse a little bit on this one. No pun intended. But I don't think. I think. I think I can do it.

[A]

How many times have you made that joke in your life? I mean, I bet you drop that one daily.

[B]

I'm Marine. I became a Marine. So I told myself I thought I could do that, and I did. So I think I can do that. I thought. I told myself that I could. Thought I could buy a house, and I did.

[A]

You did. But look where you're at. You still lost money even though you've gained $30,000 in equity. That doesn't happen for most people. You've done it the wrong way. You can't sell the house and still make a profit today.

[B]

Well, you gotta learn somehow.

[A]

No, you learn through education beforehand. We're doing a real estate course next. I don't think it's out by the time this video goes out, but that's what you would have needed. You get the debt class, you get the investing class, you get all the classes. Make sure you go. Go through them. And the budgeting class, especially for you, because, well, this is a mess. Go through them. You get it for Free and come back on the follow up channel. Improve it. Okay.

[B]

Challenge.

[A]

Well over 10,000 people have taken our debt class and they've people literally out there in the audience. People have turned their lives around. So take it. Oftentimes people don't take classes and take them as seriously if they get them for free. Usually there's like the. If I pay. I forgot what it's called. But when people. People pay for something, they're more likely to do it and do it efficiently and actually learn from it. So there is that like psychological element behind it. So don't get up. Unfortunately for you, I don't have a horse class. But maybe you should take one because you obviously have no idea what the you're talking about. For this as a career. You look the part but you can't talk the part.

[B]

Flying by the seat of my pants, dude.

[A]

What do I do with that? What can I do? You tell me what you want from me. Because I feel like I'm wasting my time right now and I haven't felt that in quite a long time and it's pissing me off.

[B]

I don't. I wanna.

[A]

They better. Hopefully they're still learning something or at very least entertained. But I'm not entertained. I'm pissed.

[B]

I. I don't know.

[A]

You can't tell me what you want.

[B]

I want to be better financially.

[A]

But you won't listen to me or answer questions.

[B]

Well, you.

[A]

And you joke about everything and laugh everything off like it's a joke.

[B]

So the horse thing is non negotiable thing.

[A]

But that's everything. That is 50% of your income. There is nothing that is 50% of our income that we cannot consider non negotiable when we're talking about fixing our financial life.

[B]

Then I'll work more.

[A]

No, you're working 30 hours a week. And you said I'm grinding. I'm working my ass off. You work 30 hours a week. You can't work more. I know you. I internalize your language. Trust me, even though you piss me off, I hear what you say and I base everything I say off of what you say. And you specifically said at the beginning of the conversation that you grind a lot. Work off. You work a lot. I work my ass off. You work 30 hours a week. Shut the.

[B]

Okay.

[A]

That it might be hard while you're there stuff on top of that by choice, not work.

[B]

But it's. It's work. If I.

[A]

But you would have to take time away from that to work more and not the horse is non Negotiable.

[B]

The time thing is a little bit different, but like $30,000 a month is.

[A]

Non negotiable to someone that's making 60,000 hours a year. You have no respect money because you are on the disability. The disability. I'm not complaining about that. I need to make that clear because people will cry about it in the comments. I don't give a.

[B]

It puts me in a very.

[A]

Exactly. Because you just get it no matter what. You have no respect for the dollar.

[B]

Yeah, it puts me in a very privileged position.

[A]

You're willing to just. That's why I don't blow it.

[B]

Because I got $.

[A]

Oh, what is this? Upstart. Upstart. 21.59 interest.

[B]

That was.

[A]

Okay, so you borrowed 1500 bucks. Yeah, two years ago. Two and a half. Okay, what, what's. What what's left on this monthly payment of 4,108. What's left?

[B]

Probably like not. I mean, it's only a year old, so. No, still a good chunk of it. Or two years. Years. No, it should be a year.

[A]

You don't know how much is left. I'm gonna guess it's like a thousand bucks. Okay, so a thousand bucks. Let's just say just to be safe. 1300.

[B]

Yeah, I want to say like, okay, what.

[A]

What was this for? What was this for?

[B]

So my windows were on auto payment.

[A]

Are we back to the windows again?

[B]

Yeah, yeah. So my windows.

[A]

Windows.

[B]

My windows were on auto payment and I didn't realize that I had a payment that, that didn't get made. Like the auto payment bounced. And so I just kept on my merry way with my life. And later I was like, w. I feel like I have more money in my account.

[A]

Conversation this long about windows.

[B]

And then I looked at my account and I was like 800, 900 behind on my windows. And so to make up for that incredible windows, instead of make like. Instead of accruing the like late fees and everything, I took out a personal loan and paid off what I owed. And then now I'm just paying off the.

[A]

Is the 21 interest on this over the course of the multi year process of this loan. About what is it, a four year, five year loan, six year loan, Something like that, Whatever. Is that really less than one time late payment?

[B]

I don't. I, I did the math at the time. Time. I did the math at the time and it was like ridiculous dollar amounts a day. Something.

[A]

Hey, you look at me. My job is to sit right here and be the absolutely stunning figure that I am and some things I just can't help, like my incredible ass. Which is why you're all here, of course. But also, some things are in my control. For example, the pearly whites. I yap a lot. And some would say to my. So I get it. But listen, if I'm gonna yap, my teeth may as well look pretty damn good. I drink a lot of coffee to get through these audits. And I started noticing some staining on my teeth. So I've partnered with today's sponsor, Ora Glow, and they brought back my confidence for continued yap sessions. The reason I prefer them over competitors is because they actually whiten, but they do it sensitivity free. And that's always been why I can't use these types of products for long, due to my sensitivity teeth. Seriously, these things are incredible. Make sure to go to Amazon and get the Aura Glow teeth whitening strips or click the link in the description below. So your yap sessions can be just as confident as mine with stunning white teeth. Well, how long. Wait, how long would you have been late?

[B]

I was late by like two months.

[A]

Oh, okay.

[B]

Yeah.

[A]

Okay, that's. Yeah. That is pretty brutal. That's so crazy. You could not afford this. You can't afford anything. You do you guess. What if you didn't spend 60, $30,000 a year on horses. And also, you are just a horse collector at this point, you know, it's crazy.

[B]

I only have two.

[A]

Shut the up finish. My point. The fact is, you had one, you really couldn't afford one because you couldn't afford the house. You couldn't afford the movie, couldn't afford the windows, you couldn't even afford the payments on the windows. So obviously you couldn't afford one horse, so you decided to get a second horse. Meaning it's not though, for you, because you can't even describe how it'll return on its investment in a financial way. You're not. You probably can. And other people might be able to say, and that's not a return on investment if we're actually talking finances. But the fact that you can't describe it means it's a matter. Shut the up. I am talking. So in the reality of the situation, you got a second horse when you couldn't even afford the four source because you can afford the house or anything wrong with it, you can't afford the second horse, you can't afford the first horse, you can't afford your life right now. But that didn't matter the first time. So what is stopping us from saying you know what? I've. I've had fun with this. Now I need to take my fun to the next level because I know how hobbies work. We always just keep going further and further down the hobby. Yours is just more so all of a sudden let's add another $15,000 a year expense via another horse. Technically we can afford it. Our disability covers it. So you're going to end up with a third horse a year and a half from now. You're never going to have retirement. You're never going to be able to sell your house because you're always going to be underwater water on it by the loans you take out in order to pay the minimum payments on the loans you already did take out cuz you couldn't afford to get the house in the first place. You are never going to be in a financial well spot. I know how people like you work unless you completely change this around. But guess what? You said the biggest thing in there is a non negotiable. So what the are we talking about? Nothing is what we're talking about. It's bull. This conversation's. Well, got anything to say?

[B]

No, not really. I mean man, I'm making progress. I'm doing better than I was. So.

[A]

I would love to see proof.

[B]

You would have had an aneurysm if you would have seen my videos.

[A]

I'm having an aneurysm now.

[B]

Oh, would have been like an aneurysm times two. Could have been bad. You would have seen this.

[A]

Like everyone on this show says they're doing better. That's what happens with every single person. I don't believe you suit for a single second. I bet you have two weeks of doing slightly better because you're preparing to come on the show. And to you that is I'm doing better. When in the historical world of what's going to happen from here, months from now after the fire from under your ass is a little bit depleted, you're going to be back to where you were again. In two weeks of progress we'll have meant nothing. So this is a personal loan. In order to make the payments on the loan that we took out in order to get the windows that we didn't need on the house we couldn't afford to get.

[B]

Yeah.

[A]

What a train of loans. It's great in human centipede of loans. Okay, so what is this? What is this Cross.

[B]

What is it?

[A]

The creditor is Cross River bank. Bank. You borrowed $1,080 with a finance charge of 549. What is this?

[B]

I don't even know.

[A]

What is this? 4. It's another upstart loan. What is a $4,080 you borrowed.

[B]

I forget. I just. I needed. I needed something.

[A]

I'm getting better, guys.

[B]

I need. I don't know. I just. I needed something. I forgot what it was for. It was for something I. That I needed. I wouldn't have done it for nothing.

[A]

Sake. You can't even speak. Not only can you not talk of what you can make on this hobby that you're in, you can't even talk about the money you've already spent. Good.

[B]

That.

[A]

How have you made it this far? I asked that a lot. And I'm just as serious now as I am.

[B]

Then I don't know. Your guess is as good as mine on that one. Yeah. I don't know.

[A]

Waste the time.

[B]

Not the first time I've heard that one. You can't make it mad at me for laughing at that one. Because they're laughing at that one back there too.

[A]

It's because you look like an idiot.

[B]

Take the spotlight off of you for a while.

[A]

You cannot tell me what this was for that you borrowed in October, a year previous this last October.

[B]

I think it had to something to do with the horses.

[A]

Of course.

[B]

I know.

[A]

So.

[B]

Oh, October last year. My horse had to get last year.

[A]

A year before for this October. This past October.

[B]

So not this.

[A]

It was October 2020. Oh no, no, sorry. It was this past October. Yes.

[B]

My horse had to get X rays.

[A]

So obviously you cannot afford the horse. If we are financing what needs to be done on a horse at 17.54% and that's still a non negotiable.

[B]

Yeah.

[A]

You're being broken then financially you're done. You're done. There is no conversation to be had.

[B]

Head.

[A]

I'm trying to think of another way to get through to you so I don't just walk away. But I'm not seeing it right now. You're done, dude. You. You're not willing to negotiate on something that you objectively cannot afford. This is embarrassing for you.

[B]

Not for me.

[A]

No. Why would I be embarrassed? I don't give. This isn't. It's not embarrassing My life. It should be. Is the. It's embarrassing that it's not. Because this is horrible. You have two things. Two things that you rushed into the horses in the house and all of your debts have related to them so far. This is as easy as it gets compared to other people. Other people. So many things have happened that have gotten them in debt. You just didn't need to try to rush into a house and you just didn't need to have your wants of horses and you'd be totally fine. So the, you would have been told the horse.

[B]

So the first horse, the one horse that, the first horse that I've had since I was 14, that was kind of like pushed on to me. That was not necessarily a thing that.

[A]

Like you could have sold it if you really wanted to.

[B]

I'm not. So you're gonna sell your childhood dog? You're, you're telling me you're gonna sell your childhood dog?

[A]

You said that's the equivalent on you.

[B]

Yes, it was pushed on me.

[A]

Different.

[B]

Yeah, because so she was up north up in Minnesota.

[A]

And also the reality is, unfortunately, you people do have to surrender their pets when they cannot afford them. It is a sad reality.

[B]

And you can't afford selling my childhood horse.

[A]

So how is it forced upon you?

[B]

Because. So the people that had her up there, where she was, she was when I was like in the Marine Corps and everything, they were getting ready to like down the side.

[A]

Corps?

[B]

Yeah.

[A]

This is not your childhood horse.

[B]

Yeah, I've had her since I was 14 years old.

[A]

Why are you saying you in the Marine Corps?

[B]

I didn't have. So, okay, so I got her when I was 14 years old. I left for the Marine Corps at 18.

[A]

Okay.

[B]

She stayed with people up north while I was in the Marine Corps.

[A]

Allowed you to get a horse at 14?

[B]

It was a, it was a.

[A]

Some irresponsible parents. It should have been them. It should have been your parent that took on the horse responsibility. My dad is that he's being irresponsible. You do not put that on a 25 year plan. It's not something that is beyond expensive onto a 14 year old child.

[B]

My dad. So, okay, so I had, I had the horse, right? The neighbors that had the horse, they were like, hey, we're trying to get rid of some of our horses because we're trying to move down to Florida to take care of our parents, all this other stuff. And so they were like, here, here's your horse, take her. And like. Yeah, they kind of just didn't.

[A]

I would have put her back with dad.

[B]

My dad doesn't. No, my dad doesn't have any horse stuff.

[A]

Then he shouldn't have been able to buy you a horse.

[B]

He didn't buy me a horse.

[A]

So what, how'd you get it at 14?

[B]

So my neighbors bought the horse and I leased it from them like it was my.

[A]

Yeah, but someone allowed you to at 14. I e. Your dad. Yeah, at 14.

[B]

Yeah, I worked with my grandma to make some money and they shouldn't have.

[A]

Allowed you to commit to something of 25 years long at 14 that costs this much money.

[B]

Why horses like that costs this much money?

[A]

It's not about it being a horse. It's. You are required to pay $15,000 a year for 25 years and you're committed to that at 14. That is irresponsible of the parent unless the parent is willing to take responsibility for it.

[B]

Yeah, so, I mean, so like when it came to vet stuff and whatever, they would pay for most of it, but I was still responsible.

[A]

You were 14 but you were still required to for the rest of the 20 years once you graduate.

[B]

And I still had to pay show entry fees and everything when I was 14 also and all that other stuff. So it's. So I think that's why I'm going back to this. All like one horses.

[A]

It's your fault for a lot of the mistakes you have. It was your dad's fault for not being responsible and allowing you to get this. At 14 you weren't able to make the choice you wanted. It. It is the parents responsibility to say no or to deal with it in a different way and take you to ride horses somewhere else instead of you getting a horse that you would have to commit to for the next 25 years of 14. I have nothing wrong with getting a horse. But there needs to be different levels here. The dad could be able to take care of it. It can. You cannot put a lifetime commitment horse lifetime commitment on a 14 year old. That is crazy.

[B]

No, but yeah. So when I got out of the Marine Corps then my neighbor was like, yeah, so come get your horse. And so I came and got her.

[A]

Oh my. Is this a. Is this seriously.

[B]

No, I think that's upstart. I think that's the same one. I had trouble trying to find the statement for the.

[A]

No, it's a different. I'm getting different numbers.

[B]

Is it?

[A]

Yeah, no, this is a different one. Jake's confirming it. So what is this for? You probably can't tell me. You borrowed a thousand two hundred at 12.77 interest on October of 2024. Similar time is the last loan, but different amount.

[B]

I, I don't know.

[A]

Was this a different X ray?

[B]

No.

[A]

You don't even know what you borrowed like four months ago, five months ago. Come on. On. Come on. Lifechanging amount of money for you.

[B]

Oh, oh. Oh. So I started delivery driving for Domino's. So at first, when I first started Domino's, I was just an insider. Now I'm doing the delivery driving and I had to get new tires for my car.

[A]

You're borrowing that at 12.77% interest rate. No way. They had a return on investment that you were hoping for. How much is still owed on this now? I'm going to say about a thousand. It's being generous, honestly. Okay, so tired of a thousand. Go. Everything. Every instance in your life is anytime you do anything you do, you take a debt for it. That's just how you do it, you know? No other way. You've never cash flowed anything in your life. You just debt, debt, debt, debt, debt. I think there's a credit card next, which means it's like where your spending would be to.

[B]

Oh yeah, well, I forgot we didn't even get to the credit card yet.

[A]

This credit card's insane.

[B]

Yeah, I told you. I told you. I wasn't lying. I was not lying.

[A]

She's so loud. Just for saying nothing.

[B]

Can I pee really quick? I'm so sorry.

[A]

Please. So that you cannot be in front of me.

[B]

Okay.

[A]

Ladies and gentlemen, she on the tire loan, which I won't even have a conversation with her about because it is pointless at this point. She probably still owes a thousand dollars. What? I'm gonna mark it the minimum monthly payment is $27.16. Insane. But the thing that she was freaking out about and cope laughing the God of is the fact that she owes on a Navy Federal Credit Card $20,178. Reminder, she makes $1,400 a month of earned income of money that she's going out and earning. She is lucky she has a disability. Not for the disability itself, but she is lucky that she is bringing that money in. It is a Craig insane. Okay, well I'm going to wait for her cuz this is crazy. Whatever. $2,178.93 with a minimum monthly payment of $451. $451. And guess what guys? $451 of the $1,400 she brings in from her earned income, 32% over 32% of her. Her earned income goes to literally a minimum monthly payment on a credit card. Literally a minimum monthly payment on a credit card. Well, as I was telling the camera before, essentially this is. Dude, 33% of your earned income goes to this on a monthly basis is accruing alone $251 in interest a month. And why the possibly would you purchase $129 and you are close to the credit card limit if you didn't even make any purchases and you just did your minimum payment. How long does this take to pay off?

[B]

I did the math and I looked at it. I looked at something and it said like 44 years.

[A]

31, but yes. Insane.

[B]

Yeah.

[A]

And yet you're willing to purchase on it?

[B]

I was.

[A]

You're willing to purchase on this?

[B]

It was a. It was like a. It was like a. I didn't have my card and like I. It was the only thing available, like, because I.

[A]

It's for multiple things. It's for buying things at your own work. Domino's. It's something at a bank. It's going in and getting some bullshit from a gas station. This is not a one time thing. You are lucky. It is at 13.9% interest. But no $6162 of it are higher interest because they're cash advances.

[B]

I'm telling you, it's a lot better though than cash.

[A]

I don't give a. No, it's not. This is the number.

[B]

It's not like I have a giant.

[A]

This is the number.

[B]

This isn't better than before.

[A]

It's at max.

[B]

I don't give a fuck about it, by the way.

[A]

I don't give a f. I don't know what that means. I don't care. All I care is that this is a max credit card limit. That's all I give a sh T about. No way is better than before. You are purchasing on it. It is stupid. You're not able to make it as bad as before because you're basically at the limit and it takes 31 years to pay off. Listen, you have cash advance balances on here. Cash advance, some balances, yeah.

[B]

I don't know how to get rid of those.

[A]

You pay it.

[B]

I have been. But haven't. It hasn't gone away like I said.

[A]

Because you still purchase on theing card. The interest is high. You purchase.

[B]

Just don't know what the.

[A]

This conversation is enraging. Enraging. It's okay.

[B]

New York.

[A]

It dominoes. It's fine. And you can make your career there. You can become a franchise owner. I don't even care. It's just. I don't. Your goals of getting to the. I just don't see how you get to the goals when you can't even define them in a monetary way. Listen, if you ever decide to change career paths, I can at least Gift you a course career certification. I love them for. For resume enhancements and switching careers. But dude, I just. I don't know what you're going to do.

[B]

I don't know either. I really don't.

[A]

It's so funny.

[B]

It's not, but I want.

[A]

But you laugh about it.

[B]

It's more of like a well, I'm kind of situation.

[A]

Situation. No, it's not. Because guess what? You can get rid of half of your expenses. That or you can get rid of the expenses that take up half your income. But you started that with. It's a non negotiable.

[B]

There's a lot of reasons why that's not negotiable.

[A]

It's because it's a horse and you love them and it's an animal. And I get that. And I am an animal lover. And I'm the last person that would tell you to get rid of it. The simple fact is if you cannot afford it, you cannot give them the quality of life that is required over the course of their entire long term. It is a selfish. It is a selfish thing for you to do.

[B]

You're correct. And right now I'm scraping the bare minimum and.

[A]

No, you're not. You're borrowing. Look, we just had that. You borrowed two. Two little huge high interest debts just a few months ago for them because you can't afford it. No, you're not scraping. You're below. You're drowning. You're not scraping.

[B]

One of them was for them. One of them for was.

[A]

Yeah, but something else was for something else because you didn't have enough money for it. Like you don't have enough money for anything. If anything pops up today, you don't have enough money for it. You cannot adequately take care of them. It was irresponsible to take on this other one and you shouldn't have the first one anyway. And it was irresponsible for your dad to allow you to stick to. To that commitment. $47.

[B]

And my dad didn't really have anything to do with it. It was. My dad was not involved.

[A]

Someone had to approve you doing this.

[B]

Well, he. He didn't say no.

[A]

Exactly. And he should have like an adult. $5 in savings because we're doing so well. $671 subscription. Cash app out, 200 McDonald's. You learning horse? What are you doing?

[B]

Spanish.

[A]

Huh? For? Why?

[B]

Because I'm in Texas. There's a lot to speak Spanish. I feel like speaking Spanish is kind of important. I don't know. I want to learn how to speak Spanish, too.

[A]

There it is. You want to learn? Thank you.

[B]

You were trying to justify skill as well.

[A]

Sure. Yeah, I agree. You can't afford it.

[B]

Well, I.

[A]

You're literally borrowing like almost micro payday loans.

[B]

Well, if you were to compare. If you were to compare it to like, like taking a Spanish class, I.

[A]

Would say you can't afford that either.

[B]

Yeah, well, so that's cheaper.

[A]

No, you can't afford either. It doesn't matter if it's cheaper or not. If you can't afford it, you can't afford it. You're literally borrowing for utility payments you do not afford.

[B]

When I first moved in, you're still.

[A]

Paying for it two and a half years later. So you. You can't afford it. You can't afford it. 10% interest. You. This is literal, basic stuff. This is so pointless. Massage. Can't afford it.

[B]

Massage.

[A]

Yeah, effective massage.

[B]

That was a freaking. So somebody gave me a gift card and so I went and I got this free freaking massage. And then at the end they were like, oh, are you going to tip your masseuse? And I was like, well, now I feel like a dick if I don't. So I tipped him.

[A]

You went to the saloon? McDonald's holds line of credit payments. Net deposit check Line of credit payment. What the. Is that?

[B]

So Navy Fed has a 500 checking line of credit. So if you overdraft, it goes into this 500 checking line of credit, and then when you get paid, it will automatically pay off your checking line of credit and just give you the remaining.

[A]

Oh, no, you're in the.

[B]

I am so sucked into that cycle. It is horrible. I'm fine.

[A]

You can't afford the horses. You can't afford duolingo. You can't afford anything. You're cash advancing. You can't afford life. You can't afford anything. Yeah, you can't afford anything. You can't afford anything. Where. Where does your dad live?

[B]

Minnesota.

[A]

How's your relationship?

[B]

Not great. I mean, it's not horrible, but you.

[A]

Have any family that you have a good relationship with?

[B]

Some, but I'm not going to live with any.

[A]

You might need to live with them. You might need to sell your house and get your payments to nothing. Unfortunately, that might be the only way to still keep the horses. Or you have to get rid of the horses. We have to lower these payments some way.

[B]

No, I agree with that.

[A]

You can't do it. You cannot do this. This does not work. And finally, I got you Spotify. Listen, people think I'm Just like anti Spotify. I'm not. You literally are borrowing for utilities. Borrowing for your horse's X rays. You can't afford it.

[B]

I have it.

[A]

It's as simple as literally that when.

[B]

I first bought that.

[A]

Second is FCHF.

[B]

FCHF. I don't. I honestly.

[A]

$450 given two. Out.

[B]

Out.

[A]

Yes, out. Oh, wait, it's an ATM withdraw. Where the did that go?

[B]

Oh, $450. That's my board for my horses and my horse payment. I do it in cash.

[A]

You crazy man? Donald Scott can really afford it, can't you? Vape city. Great, so we're also killing ourselves with a habit that costs so much money on a monthly basis. No, that is not cute. That is disgusting.

[B]

I am trying to quit. I am trying to quit is what.

[A]

Everyone says who comes on the show. Well, convenient that they're all trying to quit, but no one does car wash. I really need that. We live in Texas. There's no ice. There's no.

[B]

It's because I am a delivery driver and that's required by work that I.

[A]

Get a car wash. Time to get a new job. It sucks. Anyway, you're being paid. I don't give a. It's not about that. Did I suggest you did it to me?

[B]

It is because, like, to me, me liking my job is more than making money and torturing myself mentally over this.

[A]

All right, I. I'm done. I'm done. I'm done. You're not even willing to get a job that pays more than $9 an hour.

[B]

I mean, I didn't say I wasn't.

[A]

I really ended a conversation in a long time. Time.

[B]

I was.

[A]

I'm sorry, guys. I haven't had to end a conversation in a long time, but I'm ending this because this is the dumbest thing. This is the worst conversation I've had in my life. Listen, Hammer financial score. Let me eat a horse. That'll save you a lot of money. You. We're gonna go into the PO show and have a more pleasant conversation. I'm gonna cool down and maybe we'll talk about the rest of this, but I'm done. I'm done. Just join. Join it. Link in the description below and make sure you download the simpler budget app so you don't end up like this. Make everything automated and join the community and education and everything that comes with it. Bye. See you in the post show. You're participator.

[B]

I have. I was like, dating, and you're like, no, I. My friends I thought everybody did.

[A]

Why couldn't you have opened the show with this information?

[B]

No, but this is like the post show, right? People have to pay for this. Tried to do an only thing it did not do well.

[A]

Wait, you tried only posted the Twitter?

[B]

Yeah, I was also strip super flexible bad.

[A]

We're learning this all at the end.

[B]

I'm sorry, it's not relevant to my financial.

[A]

We will decide if it's relevant to your finances.

[B]

Take. Take two. Let's start again. Start from the beginning.

[A]

To watch the financial audit post show, click the join button below.