$67,000 Of K-Pop Debt | Financial Audit

26:01You've done this so many times, but now you're actually just going to use debt to do it instead of pulling out from investing. It's going to be even worse. Is it? Consolidations are not bad. They are not bad. They're actually a really good tool. Okay. When you change your behavior, look what you've done. Every time you've consolidated in a way. Yeah. Every. And it's not even like I've consolidated just a few times. It's probably been since. How many? How many? I'm trying to think back. How many possibly? I graduated in 15. So I got the first card in 16. So I probably started doing consolidations in 19, I think.

26:45But how frequently? How frequently? If it's like one every four years, like then it's a couple, you know? Probably one every three years-ish, maybe. 2019? That'd be two. Oh, no, that's more than that. How many has it been? Just how many has it been? Probably four or five consolidations. Because sometimes I would pay off the consolidation a bit early, too. But that'd be in order to get another consolidation.

27:25Oh, f**k. Every time, like I said, I try to get better. And then I like fall short because I'm not good at the budgeting, if that's not obvious. And so it's like, you know, if I want to use like a budgeting spreadsheet, sometimes, you know, everyone has different bills that they pay. and I don't exactly understand how I can put my finances on that spreadsheet. So then I try to make my own. Why don't you use a f***ing app? Obviously, I advocate for DollarWise, but I've tried like rocket money. Yeah. And I think there's still certain cards that I couldn't connect right. And so I couldn't like...

28:07Well, listen, yes, a lot of them have issues. That's why we pay for the most premium third-party services so we can connect every single card. that's why DollarWise is in my opinion the best is it the most convoluted like the other ones? no, but you can at least connect every single account and after these big updates that we just did, it's fixed all bugs by the way, so probably three weeks before you watch this video so you should definitely download it and give it a try

28:43DollarWise from December 6th through December 24th. Plus, Burlington is donating 50 ,000 new coats to help those in need nationwide through our partnership with Delivering Good. We've been keeping you warm for over 50 years. We'll see you at our coat event. Burlington. Deals. Brands. Wow. Visit burlington.com slash coats for details. But, okay, just tell me, what do you think your financial score is? Zero to 10, zero being the worst, 10 being the best. I actually took your test right before applying. Did you? And I got a 0.65. Oh, yay. Okay, so round it up to one. If you want to take that quiz, take the assessment, see where you're doing well, see where you need to improve.

29:21It is free at calebhammer.com. Get your own Hammer financial score. Make sure to download the DollarWise budgeting app. It is my personal favorite budgeting app with lots of bug fixes that have come out recently. It is top tier. It's incredible. Get your free trial. Sign up for the annual version if you want to save a lot of money. And if you do, I'll sign the Budget Friendly Cookbook. That's only going to be around for a couple more months. Then it's going away forever. and I'll mail directly to you. Check that out at dollarwise.com. That was a little sad. I was just hoping you wouldn't break the book.

29:52That one gets used and abused. It's okay.

29:58Let's get into this. Okay. Let's get into the numbers. Capital One Venture. What's going on with this card? So that was the card. So the Capital One, it started as a like normal or I don't remember what it originated as, but I didn't earn many points on it. Boring. But then I got to the point that I was paying off the apartment every time because I would look directly at the apartment bill, but I would forget my other bills that also came out, like my electric and my internet bill. What a mess. Buddy, you pay rent on Capital One Venture? Yeah. On Capital One Venture? the fees that you get for paying rent on this.

30:45So there's like a 5 % fee, 6 % fee. I forget about the fees. You forget about the fees? It's monthly. So many people, well, the fees for the rent, like charging it on a credit card. Okay, yeah. So it's become more commonplace now for more places to like charge you for using a credit card. So I kind of got used to it and I kind of overlook it now. What? It's all for the points? for the sake of the points? The points that don't get me anywhere right now. Because I've got like$200 in, or$270 something dollars. Which means nothing because you literally lose$127.82 a month on interest on this card alone.

31:26That's where it's at now? That's where it's at now, but you also lose who knows what for fees that are tacked onto your rent. Yeah. Which I'd have to actually look at. It's usually, what is it? Like 3, 4, 5, 6 %? Depending? Probably. Yeah, it's f***ed. You don't do it on a credit card. Except for like the built card. That's like the one thing. The built card? Not a sponsor. They should. But I don't know. The points aren't just free money to you. You're spending like$5 per$1 points. It's f***ing crazy. Yeah, I think that's the craziest decision I had made on that one. If you make your minimum payments only and you do not purchase, which you're incapable of, oh my goodness, $4 ,177 to purchase this last month on this card alone.

32:13I'm going to die. Okay, cool. How long does this take to pay off? I'm going to guess about five, six years. 26 years. Oh, 26. If I only do the minimums. It's horrible. Okay. Oh, yeah. And that's just that one? 52 for you? Yes. And then yay, we will have finally paid off our card to card. But except no, because there's no way you're not spending on it in 26 years with your record. Yeah. And that was it's kind of really stupid because that is the card that made me really want to apply for everything. You're over the limit by a thousand. What? What? By a thousand. What? A thousand three hundred. Oh, why?

33:05What had happened? Why? What had happened was... What had happened was... You! So I... Like I said, I normally pay off exactly at least my rent. Yeah! And so I... The rent was due earlier this month. Shocker how that happens. Right? No, exactly. Paid or it declined. And so I was like, oh, okay. Let me make sure the rest of the money is over. Decline for what? It was like$100 short. It's your purchases. Yeah. It was at$127 of interest accrued. $202 minimum payment. We are at$6 ,627.65. 26 years to pay off. And you'll pay a total of$21 ,898. Oh, goody. Oh, that's great. What's that one? We got Papayou.

34:00Papayou. Papayou. We're going and getting restaurants. When I like to car, rent a car. What are you renting a car for? Who are you renting a car? Why are you renting a car? You have a car? I think there's a car. There is a car. Why are you renting a car? About a month ago, a month and a half ago, I did get in a car accident. Was not my fault. Don't do that. It was not my fault. They were a woman. They rear ended me. Ladies and gentlemen of financial audit. This is one of the most exciting moments in this channel's history. You know, I've been working on building all these educational tools or budgeting app, all this crazy stuff over this past year.

34:34because that is where my passion is. We finally did it, and now we put it all into one program called Dollar Wise Central. You get the premium version of my budgeting app. You get the cookbook mailed to you and signed by me. You get to learn about debt, investing, budgeting, real estate, basic beginner stuff, and finance all the way to the advanced stuff, collaborated by experts with the lowest refund rate in the industry for a reason. And guess what? If you are struggling or you want to learn more or you want to change your life in any way whatsoever, like literal tens of thousands of people have done with our programs, go to DollarWise.com.

35:14Click that link below. Your life will change. It'll be incredible. And I am here for you with an incredible support team that you can reach at any time. This is a no-brainer. DollarWise.com. Let's f***ing go. Listen, buddy. They were behind me. I saw that there was a car coming. So I stopped and I waited. Okay, I stopped and I waited. This person thought I left because I had moved forward when I had seen the car and I stopped. Okay, that sucks. I don't need the whole car crash story. It wasn't your fault. I'm sorry. Yes, you were in the car. And that wasn't covered by your insurance? So they had their own insurance and that was a whole ordeal because it was my first time ever getting in an accident.

35:51And I didn't understand how it worked because of my first accident since like becoming an adult. Because yes, I had one previous one. um but i was a lot younger uh and that one was my fault years ago um but anyways the the car rental place um it was covered by theirs up to a certain amount and then they still um because i wanted a certain suv okay yes it didn't cover it perfectly you wanted a certain suv well they gave me an suv but then it was the only suv they had and i i don't understand how some of those things work just because I've never experienced it before. But anyway, it was like four extra dollars.

36:30I want you to understand how to finish the sentence. Okay. It was like four extra dollars a day. Quiet, quiet. What is Studio 6? Studio 6. Hold on. What was it? How much was the charge? One was$34.50. One was$50. Studio 6.

36:51Then we got some Petco in here. We got Chick-fil-A. You don't know what Studio 6 is? You're spending a dick ton. I did? Yeah. How much was it? What? There was two purchases. It's like$84 total. Texas BB Club, McDonald's, McDonald's going in and getting some bullshit. $1 ,389? That's my apartment. Oh, thank you. That would be insane. You know what's crazy? You spent$4 ,177 on here. $1 ,389 of it was rent. Meaning, f*** you, you blew$3 ,000 or whatever. There's parking bullshit, parking, some Jen thing, Globe Life,$140. Oh, yeah, that was concert. Now, half of that was getting paid back by my friend.

37:40What, the concert? Half of the purchase because that was when we bought t-shirts. Which purchase? The Globe Life. Okay, great. That was$140 to the extra$3 ,000 you spent on top of rent. This is insane. Studio 6 was the hotel. That's what Studio 6 was. Sorry, that just clicked.

38:05This is insane spending, and you're leaving out on 28.49 % interest rate card.

38:15Better interest than my other cards. Is it? 28? Really? That's usually kind of where a lot of places are topped out now for average cards. Listen, listen, here's the thing. What? The store cards are 30-something percent. Well, fuck you either way because you've had a late fee this year on this card. I did. I think one, right? That's one on this card. Why? $1 ,000 in interest. $1 ,000 in interest. I got to the point. I had had all my things on auto pay. and then for some reason I was adjusting, I was trying to adjust how I was putting the money to the accounts so that I could pay a little bit extra you make money for Houston you're fine, you're in a great income position not like stellar, I'm not saying you're rich by any means but you're in a strong position especially at 27 this makes no sense I have family history of buying things.

39:21Family history? You don't blame family history? What the f*** are you talking about family history? Well, I'm just like... All right, foreclosure notices are in my house growing up, but does that mean I should have foreclosure? What the f*** are you talking about? I just learned spending habits from the parents. No, you learned that it was f***ed. Did you see how f***ed it is? So you do different. What are you talking about? Well, like, you know, sometimes my dad has things that he likes to buy. My mom has things that she likes to buy. you know I never really went to many concerts as a kid and so especially now being an adult with my own money I like to go to the concerts so that I could have you should be able to go to concerts you should be able to afford concerts in your situation you just live well beyond your means it's not even close you spend at least 50 % more than you should you would have dude if you're starting you okay yeah the pull in the 401k that was stupid okay that was dumb that was stupid I want to die hearing it Okay, but here's the thing.

40:15Okay, good. So you paid off debt. You're starting fresh, making$4 ,300 a month net after taxes. Great. You were doing that fresh, nothing saved, but also no debt. Wonderful. That alone, 50, 30, 20, you have substantial fund money to spend. Substantial. If I wasn't paying other things. Huh? That would have been$1 ,290 a month in fund money. I'm not saying you can't live. You should have been able to live. But you lived at$3 ,000 a month,$2 ,500 a month. Who knows? And you did that while also putting your wants higher than you needed to, building your debts, which pushed up your minimum monthly payments.

40:59And now you just can't afford to live. You can and should, in fact, be in a good position. But you're not because you. I like buying merch and stuff. And you can. Your income, you can. You have substantial fund money to spend on a monthly basis. But you f***ed it. You spend double, triple what you can. And now you're done. You're done. But there are so many things like I wanted then. This year alone you've lived three years worth of fun in terms of your spending. So that means you cannot live the next two years. Rinse takes your laundry and hand delivers it to your door. Expertly cleaned and folded.

41:35So you could take the time once spent folding and sorting and waiting to finally pursue a whole new version of you. Like tea time you. Mmm. Or this tea time you. Or even this tea time you. So did you hear about Dave? Or even tea time, tea time, tea time you. So update on Dave. It's up to you. We'll take the laundry. Rinse. It's time to be great. Spending on fun. You've already lived it. You've already spent it. It's done. Now it needs to all go towards debt. What? I'm just thinking of the K-pop. The K-pop? there's always K-pop except I mean Korea's not really going to exist in about 75 years so but I mean you'll be fine you'll be fine you're not going to be dancing at 100 well no but you know there's groups like BTS who are finally all back from military and like they have a concert next spring that's a concert dude but it's again the fact that you go to a concert constantly and travel constantly and get the hotels constantly and get all the merch constantly it's about to over over over overspent good concert next spring wonderful that gives us a goal a place to pay off a ton of debt yeah i guess yeah how much is your bts concert oh i don't know yet they haven't really it's gonna be insane oh probably there's a lot of fans yes um and ticket masters on stage it's crazy everyone loves them americans are obsessed yes my girlfriend's a big k-pop fan my the second in command here his wife is obsessed with k-pop in fact they've all been to korea this is just this is like, I get it.

43:10I get it. I get it. That's an ultimate goal too. You have$10 ,000 of BTS merch in your apartment right now? $10 ,000 worth? Yeah. That is crazy. Okay. There's a way to go to BTS. Have you seen BTS Live? Yes. In 2021. Good. Well, here's a way to go to BTS. Sell that. Put it towards that. My thing is with the selling it is I get really concerned, at least for myself. Yeah. Well, Well, no, not for, not for like - A five foot four is going to pull up and - Well, no, no, no. It's the expectations that are around K-pop merch selling because, you know, a lot of people, when they sell the photo cards, because think trading cards or whatever, you want to think for that.

43:56But when they sell the photo cards, they're like, oh, here's like 5 ,000 stickers with it. And here's this cute little case that goes with it. What are you telling me? And I don't want to do all that. like I just I don't know how to I don't know how to get it shipped out or sold it and you lose 10 % but it's still worth it and that gets you to being able to go to BTS I like BTS BTS is great go to BTS I want you to we have to sacrifice you've gone to BTS you've already spent your BTS money over the last couple years in order to get there we have to make sacrifices that means selling your 10 ,000 hours of BTS yeah how many times have you seen BTS twice twice.

44:35Okay. It's not the end of the world if you don't make it because you'll probably go see them again. Their military service is done, right? Yeah. You'll be able to see them again in the future. That's true. If you miss this one, it's not the end of the world for the sake of your entire life. It's one of those more special ones because the one that I went to was right after COVID, right? And then this is right after they're getting back from the military. Dude, I'm sorry. No offense. Just like Taylor Swift and Swifties, it will always be a special one. There will always be a reason why this is a special one.

45:06Debatable. Come on. No, no, no. You will always cope that this isn't special. This year, like last year, I went to 17 and another K-pop group. Last year, I went to 17 because it was their year before everyone was breaking out in the military. But this year, you know, they're coming back through. My friends are like, hey, you want to buy tickets? And I was like, nah, I just I can't this year because I already knew. I already said no. I get it. The fucking K-pop girlie that starred in season three of The White Lotus is one of the hottest women ever invented in the history of humanity. I get it. I'd pay a lot of money too, but I can afford it.

45:43You can't. I mean, that's just reality. There is a mathematical factor here. I don't always like the math, but... You don't even like the math? Sometimes I don't like the math. But you like K-pop? Pretend you're Asian. You love the math. What's the next one?

46:02This is probably the first time I'm really looking at my statements in a while. I bet. That's all f***ed. That one was over maxed out. By a lot. Yeah. Apple Card. What's going on with the Apple Card? Okay, let's be honest. Waiting for payday feels like watching paint dry on your last dollar. But with Step's new early pay feature, you don't have to wait. Step is the all-in-one money app that helps you build credit, earn cash back, grow your savings and borrow cash before payday without the mess. With early pay, you can get access to up to$250 before payday and bridge the gap for when life happens.

46:39No interest, no hidden fees, just your money when you need it. Choose how much you want to borrow and Step takes care of the rest by automatically paying it back when your paycheck hits. It's basically payday, but on your schedule. And whether you're covering rent, need gas money, or decide last minute to see your favorite band live, Step's got you covered. Download the Step app today and take control of your money your way. Because life doesn't wait for payday. And now neither do you. Let's get back to the show. Um, that one became a quick spin because it's on my phone and it's just... Tap. Tap.

47:16Yeah, great business model. That's where I bought my tickets and my friend's tickets. So she's paying me for that. I think she's almost done paying me for that. I'm not good at always tracking it, but she is. She has it. She pays me like every two weeks for it. But I also use that to buy all my other tickets. Previously, you know, I bought my mom tickets for Lauren Daigle. Did you call me? I didn't call you anything. I said Lauren Daigle. Daigle. Yeah. Okay. But that was like a year ago. Sorry, you kind of, your words flow into. I ramble. I just can't hear you after about one sentence. Oh, okay.

48:04I don't know what it is. Okay. I don't know if it's your fault or my fault. Am I boring? No, it's just, they just, they keep going. Yeah, like I said, I ramble. I'm a rambler. You're a rambler. Sometimes it's good and sometimes it's not. It's probably what I also do with my finances. as I ramble on with my spending. Do you have a boyfriend? No. I would suggest it's not good then. Out! Okay. There's probably a lot of reasons. But, yeah, no, I mean, we got to fix a few things first. I don't, I don't really want to focus on dating life when I need to focus on this. Well, I assume you're waiting for...

48:45Uh-oh. Jin. but he is actually my favorite from bts yeah mine too oh really what do you know about him no i'm a jimin kind of guy oh jimin jimin i'm a jimin kind of guy he is a very pretty boy too he's a pretty boy they're all pretty boys he's got a lot um jinn jinn has the more recent songs jimin uh recently got out of military jinn got out first um but yeah jimin's jimin's music is I think we almost dropped the nuke for them back then. We didn't. No, we didn't. We almost did. For them. For them. But nukes are bad. So. At least they stopped worse. But they're still bad. All the aftermath. Well, it looks like you were at work because you went to Saboro.

49:36Yeah. Yeah, you did. Vending machine. Vending machine. Doze Cannoli. Vending machine. Vending machine. Freddy's Monster Mini Golf. We're definitely not on a date with Jim in there. are we? No, that was an outing with friends. I do actually have friends. Fenty machine. I like Coca-Cola. Grow therapy,$184? Oh, yeah. After the wreck, I kind of went into... It got me very, very anxious, so I actually went to see a doctor. No. What's grow therapy? Oh, it's just therapy. Yeah, that's actually just therapy. I was thinking growing. No! That's the word I was set on. I think that stuff is disgusting. Yeah, it's very stinky, very smelly.

50:19Disgusting. Okay, thank you. Anyways, but yeah, actual therapy. Kuro Revolving, Disney Plus, Vending Machine, Chick-fil-A, Chick-fil-A, Vending Machine, Houston, Vending Machine, Vending Machine, Papua, therapy again. I'm okay with the therapy. I don't like that it's on a card. That's probably back south. That's a Korean interest, but Shakura, Japan. Cheating on your Koreans. Vending Machine, Chipotle, Microsoft, Microsoft. I got to remember what Microsoft ones were for. I think I'm trying to take some like online classes for Microsoft. Chick-fil-A because you're endlessly going to Chick-fil-A.

50:55Actually, they're a very conservative culture. So maybe they do. It's possible. I do call it the Lord's Chicken. I mean, it's great, especially when you're stressed. I don't know if they're religious, but they're very socially conservative over there. In the Western Eastern nations. That is true. But yeah. Yeah, that was over$1 ,000 of purchase, by the way. Pretty much all bullshit, except for the therapy. So, you're about to make a trade based on a friend's text. But which you do you listen to? Is it, we could buy a house in Tulum? Get optioning those options. We could lose everything. Or, let's do a little research.

51:38Get your head in the trade and make the investment decision that's right for you. Learn more at finra.org slash trade smart. Which accounted for maybe$250 ,000, so a quarter. Yeah. Okay, great. That's wonderful. At 26.24 % interest rate,$74, 80 cents of interest that month alone. It's going to be hundreds of dollars by year end. Already$1 ,000 on the last card, so we're going to be like, what, by end of year? Almost$1 ,750 on both these cards combined? For what? For Chick-fil-A? And Coca-Cola. And Chick-fil-A. Last night, I love Chick-fil-A. I'm a fat f***ing. Yummy, yummy. Um, yeah. But I can afford it.

52:20I thought I could afford it. Really? Yeah. That's the only reason I would actually... Wait, how did you think you could afford that? You knew your debts were not being paid off. Um, because... How did you think you could afford that, please? I would like to hear that. Remember how I sold my socks? Huh? Remember how I sold my stocks? I thought I could afford... So you said socks. No, stocks. Okay. Yes. But you thought you had more? I thought I still had some more money from that. Where? In one of my bank accounts. I think I tried to oversimplify and I overconfuzzled myself with the different accounts that I have because I have two checkings and two savings.

53:05Why? Why are you overcomplicating this thing? Sometimes I feel like if I separate it out, it makes it easier. and I'm realizing now that I overcomplicate and so I'm trying to go back to simplify, but I don't know how to go about probably closing one of those without... I don't know if it affects you badly if you close a bank account because I've always heard... Wait, a bank account? No, close a bank account. You can close a bank account? A bank account? Are you talking credit card or bank account? Bank account. Close it, yes. Who gives a... No, no, no, no, no, no, nothing. You should close your credit cards because you can't be trusted to have credit cards.

53:39I'll get you access to the Fizz card, debit card that builds credit. That's fine. I'd use that. I'll also get you your course credit certification. But honestly, I have a pretty good career path right now. But maybe you can get that to someone in your life. A lot of people have used that in the show to update their resumes, get better jobs, and higher pay. Highly recommend. But okay. Yeah, this Wells Fargo, fuck you, is at – this is insane. This is the biggest balance yet. And I'm three in. $8 ,014.04. Minimum monthly payment of$2 ,10. These are stacking. And you're over the limit. You're over the limit.

54:23That's only because of the interest. No, is that because of the interest? Is that because of the interest? Well, it's. That is not how that works. That is not how that works. That's not how that works. I mean, obviously, I spent to get there. but that's not how that works if you are just making your minimum monthly payment the interest is the minimum monthly payment is always going to be high enough that it will still technically go down after interest the only way for the interest to push it above the balance is after you make your minimum monthly payment you immediately purchase money up to the max and then the interest shocker pushes it above that is the only way that works that is the only way that works 22 years to pay this one off 22 years what are we doing minimum monthly payments only without purchasing it Oh, we purchased because you purchased$857.

55:11Just this month? Well,$129 of interest accrued. So it's$700 worth of purchases or is that the$800? $857! I'm just thinking sure. Where'd you hear$700 from? Well, you said the interest. So that'll be like$900 charged to it. $129. Okay, okay. Oy. You started over the limit any way anyway.

55:39You're just an over-the-limit girlie That's all you are I get to a point where I try And then they just I spend again And then you give up immediately A thousand hours in interest this year so far almost So we're gonna be like$2 ,700 by the end of the year You're almost That's a half a month pay Half the hours you worked last month is already gone Already gone In interest Dairy queen we're doing the you know I'm eating a lot of Dairy Queen after this our Hammer Elite show because we post three premium shows every single day Monday through Friday we're doing a taste and valuing the entire Dairy Queen menu I'm very excited tractor supply tractor supplies for my dog that's dog food McDonald's Patco it's not dog food that was probably for a bath and a nail trim Put him in your bath.

56:35Cut his nails. Geronimo Adventure Park,$234. That was an outing with my mom. Your mom. She can pay for it. No. My mom is nice. I wanted to take her out. She can pay for it. No, no, no. You're over the maxed out. I want you to do it as well. You're over maxed out. That's impossible. You cannot. You're destroying your life. You're destroying your life. I want you to. There is nothing in here that I do not want you to do. Yeah. You cannot do it because you've destroyed your finances. I just, yeah. I mean, I get that. But like, I always, I'm one of those people. It's like, love is a gift giver. Sniffspot.com, ballet restaurant, bakery cafe, going in and getting some bullshit.

57:26I like food. but uh sniff spot is also for my dog what is that 20 so basically it's like you rent people because i live in an apartment so you like uh rent somebody's backyard for like an hour or two at a time and i had only i had dog parks are free and they're everywhere and you are in the fourth most populated city in the country i also wanted her to be able to go swimming in clean water and Not gross water because the water at the dog parks are gross. But I only meant to do it the once and then the subscription like automatically hit in and I wasn't able to cancel it. I did cancel that one a week ago.

58:07$783.84.16.

58:13It's accruing at 20 % interest. $100 something of that is also for my dog's care credit. Not care credit. Care club. Okay. Is that your insurance? Um, that's through her vet. And basically it split up all her shots and her, um, her spay. Cause I got her spayed responsible dog owner on that part. Um, got her spayed. So they split it up over the first year. Um, so that you're all your shots and you can have unlimited. Okay. Yeah. Thanks. Affirm. Anyways. What's going on with Affirm? I bought a Samsung watch. That I'm not currently wearing cause I forgot it today. Why? Because I like tracking my steps and it has better.

58:58Get a little Fitbit, dude. I was supposed to also return the old watch so that I could get a credit. The fact is, with your income, this is a$240 purchase. Yeah. There's remaining$182.66. You can get that on your income when you're not in this position. but you've just allowed yourself to get completely f***ed. You're done, man. You're done. I keep thinking that I have the money. How? How do you think that, though? How do you think that? Where's the thought? A lot of times I just go, there you go. There's the card, you know. That's you thinking you have money when you say because you can say, here you go, here's the card?

59:45That doesn't make sense. Please explain that. Well, like I said, this is probably my first time looking at the statements in probably six months. For the whole last six months, you just put your head down, didn't even give a f*** and just thought you had money? I would, well, I mean, I looked at the statement balance and, you know, I paid a little bit more than the minimum, uh, mostly every month, uh, but then I would charge it back up. The minimum payment is$122 a month, so, I mean, it would be paid off quick, but it's just so f***ing stupid. This is just so f***ing stupid, although the Samsung watch, I guess it was$340.

1:00:20dollars. Yeah. Even still in your income situation, you can do that, but not when you're like this, you've the whole thing up, meaning you cannot actually live the life that your income usually is able to provide. You can't. Yeah. Um, I, I guess that happened. If you just stick your head down for six months and don't even look at what's happening, you're like, I have money. No, you don't. It's one of those things. It's like, I, I hadn't affirmed for a while. And so I finally was It's like, I haven't affirmed for a while, so let me affirm this because then I can afford it because, you know, it's the$60 payments instead of, you know,$240 at once.

1:00:59Or the actual— Close the firm. You can't have access to this. You're abusing it. You do not understand. Just the consequences. Your minimum fee payments are stacking immensely, and it's going to make your entire life unaffordable. It's why you can't do things. It's why you feel the pinch. Why you feel like your income is not stretching as far as it should because your minimum fee payments are already up to—what is that? $650 and we're not done. We're not done. We have$70 ,000 of debt and we have not fucking got there yet. I'll tell you that. Not even half. No, because I remember the last time which was like three weeks ago that I was like how much money do I even have per month after all these minimum payments and it was like$300 to spend on food and gas.

1:01:48So you think you can go get a$350 watch, huh? Yep. Okay, Macy's. First scorecard. Right at the mall. Exactly. I work in the mall. So it's... I didn't open it until last Christmas, and that's when I bought all the Christmas presents. And then, you know, I know all the sales that are over there, so... I thought you used the 401k bullshit for that. The 5 ,000 left from the 401k. Well, I bought it on the card so I could get the additional discounts. And then I paid off the card. $232.60 on here with a$68.55 minimum payment. $30 of fees charged,$5.55 of interest, and$65 of purchases. This went up. It doubled.

1:02:38It fucking doubled. It more than doubled. It doubled. You had a late fee. You had a late fee. Yeah, they had to call me on that one. Register candy. You got candy registered, Levi's, dresses, merchandise. I had to dress up for work. You had to dress up. That's why we got candy and merch. What the f*** are we talking about? Well, the candy is because I need sweet treats every now and then. But the actual clothing, I mean, you know work. Sometimes you just get overstressed. I budget what I'm allowed to do. But sometimes you just like need a quick sweet treat. You need to know the difference between need and want.

1:03:22Yeah, but like I'm trying to get a little bit better. So instead of buying candy at the register, I got a big... Instead of 34 % interest rate. What? You got a big what? I got a bigger bag of M &M's so I could just eat out of M &M's over the next month. You might just go. You know, just swallow them all. Huh? I'm not that crazy. I don't know. Well, of course. I love candy. Candy's wonderful. The bigger bag I get, the more candy I eat because there's more candy. Not when you forget about it in your little cabinet. You're stopping at Sweet Treats. You know what you forget about? Paying on time at a 34 % interest rate card.

1:04:02I think it's only on two cards. But yeah, I think they recently increased that percentage. This makes no sense. I mean, Lindsay's telling me you buy lunch at the mall every single day. Yet we're stopping for Sweet Treats. That is your Sweet Treat. Why do you need an additional sweet treat on top of your sweet treat? So you're f***ing getting your sweet treats. Your entire life is a sweet treat. You've lost$1.5 million for sweet treats. $1.5 million for sweet treats.

1:04:31Yeah, but I mean, there's no guarantee I'm going to live that long. No, but there's a guarantee that you had two late fees this year so far on this card. Two, two, two, two. And also, here's the fact, more sweet treats. You're right. Less likelihood you're going to live that long. Two, statistical reality as a human, as a woman human, especially in the United States, you are going to live into at least your upper 70s, right? So let's bet on the statistical likelihood and make this sacrifice that isn't that much right now because you have a strong income to live a decent life and prepare for that time.

1:05:06Prepare for that time. Okay? Statistical reality. And if you do sacrifice and then you die tomorrow, you won't even know you sacrificed and you won't regret it because you're dead. So it doesn't matter. I mean, you got a point there. This is crazy. What is this? What am I seeing here? Klarna. What do I see? TikTok. Why is there a TikTok logo right in front of me? That is my only TikTok purchase ever. Of$120? $120. Of what? It was a certain edition of a Bible that I thought would... Yeah. It was cheaper to get it on TikTok than it was to get it on their actual website. So I figured that was... Does the Bible approve of K-pop?

1:05:54That's something on why I'm reading the Bible right now. To learn if there's a K-pop passage? No, just I'm trying to get back into church a little bit more. And so that was one of my, I need, I need it in the Bible. I can't wait until the youth service is K-pop. You know, some places actually already do it. Exactly. Because you got it. They cater to the youngs. Yes, they do. Listen, when I was young and my grandparents, they dragged me to that Sunday. It was just like, oh man, here's youthful music. Youthful music now is like K-pop. Yeah, there's actually a new person that is Christian singing like K-pop stuff.

1:06:35but it's Christian songs. I thought that was cool. But yeah, anyways, that's a Bible, which I think is one of my, I consider it more necessary, but I probably definitely could have gone something cheaper. Yeah, you could have got a free one walking down an avenue anywhere. Go to a college campus. They hand them all like candy. Those people that won't leave you alone on the corner? Some of those people are weird and scary. Yes, but it's free. It's scary, I don't know, but it's free. Houston I know this is this is awesome but still Houston go to the nice part of Houston there's rich Houston everywhere don't go to ghetto Houston go to rich Houston okay but yeah I don't know rich Houston in certain areas and then that's a drive as well so I still love the K-pop I still love the K-pop yeah K-pop's great yeah there's not much music I don't like do I destroy my life for it?

1:07:37No. I wouldn't say I completely destroyed my life for it, but... How would you define this? One more time? How would you define this? In a bad spot. Hi, Alyssa and here, Financial Audit. I've curated the exact resources and tools I personally use or would use if I was in certain situations. So take advantage of these offers in the resources section in the description below. The first one, I've moved my investments to Webull do the same and transfer to my investing app of choice and you get cash bonuses of if we knew more about our sleep what would we do differently would we go to bed at a consistent time or take steps to reduce interruptions to our sleep with the all new sleep score Apple Watch measures your bedtime consistency interruptions and sleep duration then every morning it combines these factors into an easy to understand score from 1 to 100 so you'll know how to take the quality of your sleep from good to excellent.

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1:09:18Five, if T-Mobile is good in your area, switch to Helium and get a literal$0 a month phone plan for the same exact service. But most importantly, go get your free hammer financial score and see where you stand in the world of finances take the assessment at calebhammer.com you will not regret any of these change your life today three thousand five hundred seventy six dollars and eight cents sold on this card with a minimum payment of 117 dollars oh amazon chase card the fuck is going on with this card yeah you spent 157 dollars 15 years to pay off 81 dollars and 53 cents of interest accrued and yeah it's it's a couple bucks for maxed out what is going on here um that one i usually also use that one for going to restaurants because you get five times the points on those um but then i got on this card five times the points at whole foods and amazon no i think i got restaurants i have this card i think there was maybe a month then that it did that because i remember going to like um i went to a few and it was like oh that's a weird amount of points and I looked into it.

1:10:24This is a few months ago now. I thought it was that much. Amazon, Amazon Cheddar's, Domino's, Dairy Queen, and a vending machine. You've had two late things this year so far! $500 an adventure. So yeah, you're going to lose an entire month's worth of income by a year's end. Pull up your Amazon and start a screen recording. Because it's Android, I don't know how to. Got you. Amazon. Samsung. Big K-pop fan. She loves Korea. I do. She loves Korea. She's going full. choose one of the three oligarchs there. She chose the Samsung family. Where's my screen record? Hey, I love my Samsung since I first got one.

1:11:02Do not come after me. I love your products. I have one of your TVs at home. I am not making fun of you. I know you are powerful and very scary. So the previous orders? Yes? If your phone had iOS, I would use it. If it connected to my iPad, I would use it. Sistery Purchase. Okay. Very good TVs. My only very recent one was... Give! The only one that's like right there is actually a Bible for somebody else. Two? You need double? That was for someone else. Does that double your chances? You are HIV Aladin? Post-death? Huh? Post-death? No. Again, that one was for somebody else. It's a different version with different print.

1:11:53No, I think the most recent purchases were for my dog. One being like Benadryl because she had gotten sick. Yeah, okay. See, Semperica Trio for my dog. The Benadryl was for my dog. And then Necessities. That's where I get some of my Necessities. It's not bad. No. Not to be$3 ,000 on the card. Your spending on the card was bad. And your two late payments this year so far were bad. Let me stop this. And reminder, we do like Samsung here. Samsung. If you are hearing this, Mr. and Mrs. Samsung. You like them. I like them. I like still being alive. Yes. I like your company. I have your electronics.

1:12:36What's the dude's name? And I support it. Bezos? Oh, wait, no. I'm thinking Amazon. That is not a Korean last name, Bezos. No, it is not. It is not. At least you know how to stop them. You're passed on your Best Buy card. This makes no sense. you owe$72.17 yet your pass due? For what possible reason? It's a$60 payment. This is so moronic. Fees, interest, and you had$42 on there and then you were late and then fees hit and then interest hit. Reminder, we like Samsung. When I made a purchase on Amazon, like on Amazon, I forgot that card was linked and so I hadn't spent on it in almost a year. Usually when I spend on my Best Buy card, it is on a Samsung product.

1:13:17At Best Buy, probably, or just anywhere. That's what I was saying. Yeah. But, yeah, so it went through Amazon. I didn't realize that one got charged. And because I haven't used it in so long, I didn't realize that there was a money due on it. Sam's Club. Sam's Club. That card made me mad. Why? Well, you don't own it. There's nothing to even write down here. I mean, you paid this off. So, well, it was at a$1 ,000 limit. And then they recently dropped it to$250. Good, because you're not trustworthy. Yeah, they for some reason thought when I was paying off the card earlier this year that it was a scam for some reason.

1:13:59And I had to call them to go, why? About 60 % of your purchases on this year so far looks like about gas. But the rest has been just going out and bullshitting. Yeah. In terms of the category that it lays out. And I mean, Sam's, again, Sam's is good. I like Samsung at Costco. They both, both places sell Samsung products. So I really like them. And, but you went and got Chick-fil-A. I did get Chick-fil-A on that card. Not, not much. I actually like forgot about this card too. Wait, a late fee. A late fee. A late fee on the Samsung? Yes. I don't remember that one. What the fuck are you doing? This is so ridiculous.

1:14:35Chick-fil-A late fee and then you pay it off. This, we're just, you're just losing money. You're not a credit card person. and close all your credit cards. You cannot be trusted with a credit card to save your life. So, but if I, like if that's an actual option, again, learning things here. Yes, it's an option. Close it. Well, like how do you close it and then pay it? Like that's just how they work. Contact them. Go to the website. Call them. Do what you got to do. And then, and then. Take away the tool that is damaging you. You cannot manage it worth. That's better than locking them away in my apartment, huh?

1:15:11because I tried to do that for a while. That won't work, buddy. You can put things on your phone. You can order a new copy. It doesn't work. Yeah, I've done that. Yeah, no shit. I'm not surprised at all. Okay, care credit. Care credit. $71 balance. How you even passed through$2.10? $2.10? I don't know how the$2 really were charged. You went from$60 ,000 saved in retirement well beyond anyone your age. By the way, that's like the savings rate for retirement for someone like a decade and a half older than you at that time, by the way. Maybe even two decades. Like, it's crazy. You were doing so well to being passed due on$2.21.

1:15:56What a f***ing joke. That's another one I didn't realize had any money spent on it. Care credit,$71.48 stupid cents is what's owed. You purchase$67.20, you owe$32.21 for your minimum. What the f***? This is so stupid. It's so stupid. Yeah, you've had many fees this year so far and interest. You're behind constantly. It's at a 34 % interest rate. And yeah, obviously it's a vet thing, but what the f***? Just pay. I blame the user interface on that one. Blame you being a... Dude, this is... You just have to click a couple buttons. Not when... I'm being a child. Not when... So every time on their app, at least...

1:16:42Hey, I'm going to let you know. Compared to a lot of people, you're not a complete idiot who's come on this show. And yet, even them who've... I've met some of the dumbest people I've ever met in my life on this show. And they pay their care credit payments. Because everyone has care credit. I don't know what it is. It doesn't let me log in half the time. Shut up. You're being stupid. Call them. Set up auto pay. This is so easy. Call them. They give you extra fees. Set up auto pay. I probably should. Oh, you probably should. I would suggest so.

1:17:16Ah. Okay. What is one main financial? What's going on with this? Which one is it? $4 ,997 of something. Is that the one that was from November? I don't know. I don't know anything. So I have two. One was for dental and one was, I think, a consolidation. Are they the same amount? One was about$5 ,000. I think the$5 ,000 is the dental. So that one should be the one from last year. Okay. What? Did you break? Huh? Did you break? That's a lot of dental work. Well, yes. I'm a ginger. All your sweet treats? Probably. What do you mean you're a ginger? Lindsay has good teeth. Clara has good teeth. What are you talking about?

1:17:53I'm surrounded by gingers. I don't have a choice. So this is an actual... That's funny. This is an actual thing. like gingers have a harder time at the dentist because of all the pain meds. And they're not always the best. And so when I was a kid, I was traumatized. And so I didn't go to the dentist for a very long time once I became an adult. But I found a good dentist and they fixed a lot of things, obviously. Well, that's fine. But the fact is you alone, this shouldn't be a major issue with your income again. But because of everything you did, it was a major issue. Because if that was the only payment.

1:18:2521.8%. You took this at the same time you took out the 401k though? That one, yeah. What the f***? That would have cash flowed. That would have probably been a better option. But now you're at a 21.8 % rate. What? What? Um, yeah. I was just trying to be really sure that everything was covered correctly and breaking it up in payments was easier at the time. This goes to the end of the f***ing decade. $163.65 minimum payment. $4 ,997.44. is owed. Are your teeth good now? Better? You need more? A little bit. What? It's more for the gums. It's maintenance. You got gums? Periodontal. Stop. I'm like preventing.

1:19:13Ford Blue Cruise hands-free highway driving takes the work out of being behind the wheel. Allowing you to relax and reconnect while also staying in control. Enjoy the drive in Blue Cruise enabled vehicles like the F-150, Explorer, and Mustang Mach-E. Available feature on equipped vehicles. Terms apply. Does not replace safe driving. See Ford.com slash BlueCruise for more details. So by going back for more. What the f*** with your gums, dude? But I think that's the dental one. This is the one for, this was the one for just making sure that more things were consolidated properly. So the last one was the consolidation.

1:19:55Yeah. Hey, now we're on the dental. Yeah, that one's... I can't remember. Which clearly your five consolidations have never worked in the history of ever. But I don't know the principle on this. What's owed left on this? Because I have your minimum payment is$147.24, but what's the balance? Let me find out if it's not on there. Give me a second. It must be substantial because a lot is going to interest. I need to know the interest rate too. This is crazy. One main. And that one weirds me out, too. Because, okay. Outstanding. This is for the one that's$147? Yeah. The minimum monthly payment. So, outstanding principal as of my most recent email.

1:20:42Oh, okay. Yesterday. Was$4 ,283.14. And what's your interest rate? $4 ,80. Well, I'm sorry. $4 ,000. $4 ,283.14. Okay. Interesting. This one doesn't say the interest. I'd have to log in real quick. I can calculate it. Okay.

1:21:04The math I wish I could do. Yeah, it's about 25%. So your dental work's 25%. That's insane. And your consolidation was like 20%. Wild. Absolutely wild. All while doing it at the same... The dental one, that one, at the same time of your 401k withdrawal with fees and taxes. Okay. We have a car. Super Apple, you're Les. Hmm? That explains the lack of makeup. Oh, hold on. No, I'm not lesbian. Oh, why are you insulted by that? You're homophobic? No, I'm not homophobic. I'm just straight. So I just, I'm like, no. And I understand, like, that's a whole thing. Taking such insult? We love lesbians. We love the gays.

1:21:46We love everyone. No, I'm not. I'm not saying anything about. We love the K-pop. We love the African-Americans. Some would just call them Americans. No, I just, I don't like being construed as something that I'm not. I am not a lesbian. I am very straight. You're very defensive about this lesbianism. I don't think I am. I'm just f***ing with you. I know, but. You're taking this so seriously. Okay, you got a Subaru. I don't know. That's the thing I say. Anyways. We're making up our own language. Sometimes. Sometimes it's fun. Is that a ginger thing or a lesbian thing? It is neither. $30 ,892. You're denying that you're a ginger too?

1:22:32Now I can really take your word on everything. $30 ,892.75 is owed on this Subaru Outback. Yes. Am I going to see a U-Haul purchase in your checking account? No. Mm-hmm. Definitely not in U-Haul. $769.79. Uh, can we get Aaron in here real quick? All right. Come on. Come on over here, Miss Aaron. Right here. Okay. Just confirmation. A resident lesbian. Don't say anything. I need a lesbian score zero to 10. Zero being the straightest you've ever met. 10 being the gayest you've ever met. Okay. Uh, just on appearance? Oh, yes, just there. Uh, super outback as well. $30 ,000 out on it. Yeah, well, that was the giveaway there.

1:23:20Because right now it's like looking more... K-pop? Um... Being in the K-pop. That's kind of gay. My girlfriend's really into K-pop. I'm going to go with a seven. Out of ten. Well done. Actual zero, but okay. Yeah, she buys Bibles like hobbies, so. That is also kind of gay to me. Oh! All right, thank you, Erin. Thank you, Erin. That's the lesbian assessment score. Yeah. Okay. At CalebHammer.com. forward slash les. You can take your score.

1:23:59Goodness gracious. Well, it's at a 6 % interest rate. It's not the worst. It is a depreciating asset. What do you think this car's worth? It's probably worth, I think the last time I saw, like 27, 25? Yeah, we're seeing about 28 private sale. Trading would probably be closer to about 25. But the$769 payments, what's insane, $30 ,892.75 owed on it. That's fucking crazy. And what's annoying to me is I had put$10 ,000 down on that one. Welcome to depreciating assets. I mean, I'm sorry. I mean, this car might be a little over where I'd want you for your, certainly way over where I want you for where you are with your debt, of course.

1:24:37But actually with your income, I'd be okay, that$25 ,000,$30 ,000 range. But you still, you owed your parents$5 ,000 for a previous car? What is that? Okay. It was, and this is years ago. I had pulled my dad's truck into the driveway. And in doing so, I hit the mailbox and scraped up the entire side. This was at the middle of the night. Yeah, you keep hitting things. This person that is totally never at fault. So basically, I had been paying my dad for the repairs to his truck. But when I went into purchasing this car after my previous car went down, He said, hey, if you buy this car that I know is better because your mom also has it.

1:25:24And they had done all the research on it back then. The Outback, your mother's a lesbian. She's married to a man. That doesn't mean anything. My dad said, I'll forgive you for this$5 ,000 you owe to me if you get to this car that I know would be better for you in your future. Okay. Well, student loans for what? Did you get a degree? Nope. I don't think so. Yeah, not with how much. because it's$8 ,678.32. Median in this country is closer to about$40 ,000, even for dropouts as well, including myself. $72.34 is your minimum monthly. Yeah, I got it on the one that it will scale up later in my life.

1:26:03I don't really like that. I'd get on the traditional while you can. I used to be paying the traditional, which was about$1.12 a month. Yep, that sounds right. And then I redid it when I was trying to... I don't know, because that scale-up is going to f*** you. Probably. But this gives you the opportunity now to pay down the debt before it. That's true. Okay, check in account$108. So that's all your debt. We got your debt. We got my debt. Good. You're zelling out money, zelling out money. Zelling out to who? I don't know. We black out names. Well, okay, yes. There was one zelle that was... And the savings account went down from$1 ,695 to$1 ,212.

1:26:42What's going on? So that's where I always put the money that would go to my rent. My paycheck automatically puts into there so that I don't touch it until I try to pay the rent card. $827.12. Is that the Wells Fargo savings? Okay. Checking. Oh, Wells Fargo checking. We're selling out money. Cinemark door dashing. Door dashing little scissors. Selling out money. Door dashing. Door dashing. Door dashing. Door dashing. Door dashing. Door dashing. What the f*** are we doing? And then sis savings,$415. I don't see the retirement worth dick. So, fuck me. Okay. That savings, yeah. Again, that's where I end up putting money so that I can pay.

1:27:26I don't touch it so it can pay for my car. I put$390 each time, and so there's a lot of money staying over. What a joke. Okay. Like I said, I overcomplicated it and I thought it would make my life simpler and it did not. All right. Minimum monthly payments. Let's calculate this. Her venture card is$202. Apple card is$110. Wells Fargo is$210. We are at$2 ,105.67. Disgusting. Reminder, income$4 ,300 net on a monthly basis. What is your rent? It averages$13.60. Is that including utilities and everything? So it includes everything except electrical and internet. What are those combined?

1:28:18$172. Okay. Phone bill. I don't exactly pay one right now. Huh? I'm still on my parents' line. Well, did you say that? I usually should be. Well, yeah. Are you supposed to be paying them? I should be paying them. How much are you supposed to be paying them? About$100 a month. Car insurance. Car insurance, I usually do. I've only ever done this. How much is your car insurance? So it is, at least I'm about to have to pay it again. How much is it? $1 ,100. Okay, every six months. Jeez, dude. Okay, so we're talking$184. Gas, vroom, vroom, drive, drive. Average month. I don't know my average. Come on, what do you think?

1:29:04I'm hoping it's about$60 we got about$200 that's what we saw last month so I'm budgeting that in necessary food$300 that's all you need use our budget friendly cookbook meal prep meal plan warm it up when you get home TP fund anything else you need$100 to survive that is toilet paper that are dildos that it's whatever medical healthcare do you have co-pays I said dildos instead of tampons I meant tampons I don't know why I said dildos I wasn't even making a joke I just said the wrong thing I think that's what you buy Anyways I do My insurance is through my company I don't have a copay Or my deductible is like$4 ,000 Bruh Do you spend anything on medical on a monthly basis?

1:29:53Not on a monthly basis right now Is there a gym? No Okay How much for pet food? Um,$50. Okay. Now, what is this pet subscription thing that you do? So there's two. There's the actual insurance. How much is that? Which is, I think, about$50. Good. And then the other one is$136, and that should go down to about$60 in November. We'll call it$60 then. Okay. Okay, I'll give you subscriptions about$50 as well. Anything else that needs to be in your budget that is not there? Not that I can think of right now. uh let's see I'm just going through cause I got rid of Spotify the massage envy would probably reappear soon cause it's on pause right now that's$75 a month keep it on pause you can only keep it on pause for like 6 months cancel it I have like 30 credits I don't give a f*** I don't give a f*** you're losing all your money that's more important Money is more important than credits.

1:30:58But 30 credits worth of massages that I haven't used yet. Well, here's the reality. You need$4 ,515.84 to survive. So I don't give a fuck about your credits. Because even though you make a strong income, you are actually underwater on a monthly basis by$215.84. Honestly, and I don't see you picking up another job because your hours are weird. Here's the reality. here's the reality little lady you have enough money to you're going to sell your car you're going to borrow the difference of about$2 ,000 you're going to get a$10 ,000 car on a$10 ,000 loan that is going to immediately save you$20 ,000 in debt about$18 ,000 that is step one after you do that if you are still probably not going to be making it as long as you have proven you have changed your behavior multiple times where you're doing a big consolidation after you change your behavior for three months, proving it with a budget, you will do a big consolidation or you're going to do bankruptcy.

1:31:59Really? Because you can't afford this. Yeah. It is simple as this. I mean, actually, okay, hold on. Wait, pause. I remember from the beginning of the conversation you're moving back home. Yes. Are they going to require a rent? About$300. Okay, that's okay. You will have, I'm going to say about$800 left. I would still do the car thing. I would still do the car thing. It's a temporary thing for a couple of years. But with your$800 minus the student loans, minus the car, but we're adding 12 for a new car. So we're taking, okay,$67 ,054.95 minus the$30 ,892.76 car loan, but plus$12 ,000 for the new loan.

1:32:37To borrow the difference and a 10 ,000-hour car that you get approved by multiple mechanics before you purchase, that is going to be safe and reliable for just a couple years to come. $8 ,678.37 for the student loans. We're getting rid of that. That brings you down to bad debt of$39 ,483.82. Good. With the$800 left over, that's going to take 49 months. That's a long time. That's about four years. But you'll be able to scale that as well because I think you'll get pay increases. Pick up as many. Are you hourly? No. Okay. Well, you'll get pay increases. If you can find ways to pick up extra jobs and just make this a grind time, you can get it done in three years.

1:33:17But it's likely looking three to four years. and then, you know, which I know it's a little demoralizing. That's a long time. That's if you sell the car. Yes, if you don't sell the car, this is going to be like a five, six, seven year thing. I'd rather do bankruptcy and include the car in that. But no, I mean, that's your option is you have to get rid of the car and you have to move into home and grind for three years and work an extra job as well. And then about another nine months to get a fully funded emergency fund and then you can move out. So you'll be about 30, 31. Right? How old are you?

1:33:5027? Yeah. Yeah, like 31. You'll be out living an independent life, but that's okay. There's no K-pop in there. There's no fun money. I mean, I'm sorry. BTS doesn't exist when you're already underwater by$200 a month. That sucks. That's true. So that's the plan. That is the plan. I don't see other plans. It would be big consolidations, but only after changing behavior, but that doesn't get you there. That gets you$200 a month extra, maybe, which is not going to pay off that. in any substantial time frame or bankruptcy, but that f***s your credit. But closing all the cards would also mess with my credit?

1:34:27Yeah, but not as bad. Because you'll only have access to predatory loans after bankruptcy. Or just really bad loans. So that's the plan. Alright, we're going to do our Hammer Financial Score. Remember to click that Join button and join Hammer Elite The Best YouTube Membership on YouTube and join us for the post show. Apparently something is going to happen, I guess. Her friend made her come on. or her friend is convinced that he can do a better job at me. So I'm going to call him and I think we're probably going to get in an argument from the sound of it. And there's also lots of other things that didn't get brought up that we're going to talk about.

1:35:00So join Hammerly. Three premium shows posted every single day, Monday through Friday. Spending in a budget score, zero out of 10 you overspent. Debt, no collections, but this is horrendous for your income. One out of 10. Emergency fund was about a one out of 10 retirement. It's not a zero out of 10 real estate. It's a zero out of 10. Yeah. It's about the.65 that we had. There it is, which is going to round up to... Win. Yeah, I mean, I'm giving up. I'm going to give you a.5 out of 10. Join us. Hammer Elite. Click the Join button. I'll see you guys in the post show. There's a lot more to talk about for an additional 20 minutes.

1:35:33See you there. Last time that big thing came up to save you money, you borrowed from your parents to get it. I was considering really trying to break this one up instead of paying it all up front. Did you not see? This is milk, milk, milk, milk, milk. This call, you gave me like the least specific answers. It's like, where did this money go? And you're like, I don't know. That's all. That's insane. Exclusive members content. Click the link in the description or pin comment below and watch thousands of hours of extra and uncensored content.