Disgusting Degenerate Steals $40,000 From Everyone | Financial Audit

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0:30Welcome on the show. So what do you do for a living here in Austin? I'm an accounts payable clerk. Okay. And what do we make? Like 20 an hour. So is that like what? 40? 40 a year? How do you feel living on Austin and that? Not great. Yeah. Austin's kind of a higher cost of living place to live. You get 40 hours a week? Yeah. Yeah. Sometimes I try to do overtime though. You get paid time off? Not yet. I'm temp. No, but really? Okay. How long have you been in this job? about two months next month is my final month yeah next month's your final month yeah and then what and then i'm permanent oh yeah i've already had that conversation oh okay it's official yeah permanent at what wage uh still 20 okay i know this is what you want to be doing um i do like it i like it a lot actually 20 is not absolutely you know horrific or anything you know definitely depends on the household situation depends on debt depends on the place you're living in um okay now what do you think came in through payroll in this last month oof uh not much because i was that's not a number okay um so i'm gonna say 3 000 maybe maybe a little less 2 000 2 600 i'm gonna say 2 235 oh does that sound normal yeah that that kind of sounds about now there is an ach deposit of 602 in where'd that come from um i think it was from my 401k yeah sorry what from your 401k you're taking out of your 401k yeah i i needed a little extra that is the last thing i would be smiling about in this entire world my dude yeah you're taking from your 401k it's not my best decade of your it's not the first time i'm sorry caleb don't be sorry to me this isn't about me i don't who gives a about me this is your literal retirement how much have you withdrawn from your 401k total so within the past year maybe like 3k

2:39half of it was to pay for my car but you have a 10 withdrawal and over this last year i mean when you started contributing in general, other than these last couple weeks, the market has been up, up, up, up, up, meaning you are paying capital gains, sometimes short term capital gains on some of these. Yeah. So you're just getting f***ed. Yeah, I know. I f***ed myself a little. And this is the best decade of your life for compound growth setting yourself up for retirement. F*** me. How much did you withdraw? $5 ,000? No. $3 ,000. Okay. So I'm going to open up Moo Moo. It's where I invest My money is the brokerage I use personally.

3:21I'm going to put that$3 ,000 in the S &P 500 for the next 43 years. No. 32 years. to$59.50 when you can withdraw that money penalty-free. Okay. That$3 ,000 was worth$72 ,628. And what'd you take it out for? So it was to put a down payment on my car because I didn't get the insurance money from the hail storm. Insurance money from the hail? Okay, so hail f***ed it? Hail f***ed my first car. And it made it undriveable? It didn't make it undriveable. What am I getting into right now? Okay, so what? What did the hell do? It damaged every single panel of my car, of my Nissan Altima. Mistake number one, Nissan Altima.

4:24Yeah, I hated it. Okay. It had a sunroof too, so it blew it in. Okay, so you would have had to replace glass. Yeah. But other than that, it was just denting things? But nothing internal got messed up? It was already kind of a f***ed up car. How? Like, it was running rough. Like, really rough. How? It, I don't know. It just sounded rough. I'm sorry. No. Don't apologize to me. Okay. This isn't about me. Okay. But you didn't take it to a mechanic and have a mechanic say that, Well, this car is rough. No. I'm going to f*** the guy. Okay. If it helps, I also want to die. just jokes i promise i promise so you gotta you put a down payment on a new car yeah i've seen this car loan this car loan is not good no so you've now you're taking oh so that ach inside bringing in was from your 401k are you still taking more well what's your 401k at now like 300 yeah oh so literally you've drained it down to like one more withdraw possible and then And that's like it.

5:35Yeah. Then what? And then what was your plan after that? Well, I was going to start contributing once I get like the permanent position because they offer for a one pay. Yeah. But what changes? You're making the same amount of hours, same amount of pay. So what the was going to be different? I guess I was going to try to also get a second job. Why aren't you getting a second job today? I actually have an interview tomorrow. For what? For a barista position at Starbucks. Great. absolutely wonderful fantastic yeah okay so you think it's an income problem it is i think i think it's an income problem because when i did get my car i was making a little bit more why are you making less today because i left due to health reasons what like i was um i have an autoimmune disorder and yeah and it's really really bad and it started really affecting my health and it was a physically draining job and you're about to be able to work two jobs now i can i can do one of my jobs i just pretty much sit at a desk all day the other job would get what was the other job my my previous job was i was a production associate at um down the road or in tesla tesla oh okay yeah yeah okay so you just couldn't be on your feet couldn't be yeah doing all the manual labor yeah it was it was a lot over time because i didn't i developed my autoimmune while I was working.

6:58What are the symptoms? Like I get really fatigued, like standing a long hour. Has this been clinically diagnosed? Yes. Yeah. Okay. Unlike your mechanic thing that you didn't do, I can actually listen to this one. Yeah. And I was under body and the cars were above us. So a lot of the times I had to keep my arms up majority of the time and I would get really like nauseous. I'd get fatigued and I'd feel like. Okay. So you went and found a job that worked for you. Yeah. Now Starbucks is going to be very much on the feet not as manual as yeah obviously car manufacturing i used to work at starbucks yeah but you've developed the autoimmune disease yeah yeah um so you didn't have that no or at least is extremely when you initially worked at starbucks yeah so what's different now um well i would be only working like a few hours a week like maybe like four days a week okay so you think income's your biggest problem yeah and also no well it's my spending it's my spending oh how much did you spend in this most recent month oh i'm gonna guess probably 2000 is that is that right i'm 3 800 dollars how though how do you even not know this how do people not know this this this will forever blow my mind forever blow my mind because you have decided in your life right now that income is your problem you've decided that in order to decide that if i were to go if i were to go decide that income is my problem because i can't keep up with expenses i would know what my expenses are yeah but you don't even know what went out this last month i don't so how in the world are you able to determine that it is an income problem and not a spending problem um i guess i can't i didn't so what is this going to solve this starbucks isn't going to catch up to that it's not going to double your income no but i i am i've realized that i have a problem and there's good gonna be a solution like i'm gonna go to therapy because that's offered also through my employee my current employer okay so you've realized there's a problem yeah yeah why am i not seeing anything addressed in these statements then um because i only recently everyone only decides they have a problem about two hours before they come on the show that wasn't It was like maybe like two weeks ago.

9:18Okay. Nuh-uh. Not in your statements. So what's going to change from this conversation? I'm going to get the resources and I have more drive. The resources? What resources? The ones that we'd give? I guess. Well, yeah. We give you the budgeting program and the investing program, which are bundled at a lower price here now. And I definitely support that. But that's educational tools. Those are tools. It's your actions still that are required. It's not a magic pill. I'm not a magic pill. This conversation is not a magic pill. Sure. No, of course. You still have to go in. you got to put in the action got to stick to the discipline got to build your budget got to manage your budget got to look at your budget on a monthly basis got to see what you're adapting in the next month in order to continue to improve it and stick to it the class is not a magic pill no no just like getting education you can go and sit in a class if you don't participate if you don't take the quizzes if you don't actually put in the actions after it it's nothing i understand that yeah and i'm not i'm not saying it's a magic pill or like a band-aid over a bullet wound but I'm pretty much it also just gives me like an insight and I do need the tough love approach for sure yeah no I get that so do I that's what works for me I don't know why people out there get upset by it like don't come on the show I mean thank you for being here because you know what works for you but also don't come on the show if it doesn't work for you instead of trying to be offended on other people's behalf like a weird mother people are weird but if you do want to come on the show Calebhammer.com slash apply it's a good place check it out highly recommend it all right where do you think you are on your financial scale zero being the worst 10 being the best um i'm gonna say zero i did take the the financial score and i got zero um uh that makes sense if you want that scores in the description as well uh but i do have the the house so the i have a house you own a home kind of it's rent to own but i'm not really living there what what the okay we were about to go to your finances what the are you talking about okay first so because now what the how do you not live in a house that you own so i had an uh a partner back where i moved from so corpus uh okay and uh we were like engaged and we were gonna like engaged okay we were engaged um yeah and uh i didn't want to stay in corpus anymore so it's one of the reasons why I moved to Austin and we broke up amicably.

11:43Okay. Why'd you guys break up? Going from engaged to breakup, that's pretty big. It is. I wanted to do something more. And in Corpus, you really... To move? Yeah, I wanted to move. So you had to break up to move? Yeah. He wasn't willing to leave Corpus? No, because he has a job that he likes there, but I didn't want to stay there anymore the job overcame a marriage yeah wow okay and also we weren't in the best financial situation either so yeah still yeah um and i'm just kind of tired of living like that so that's why i want to fix this so how does this mean you own it so you did you guys buy a home together yes sorry we started renting like one of those trailer homes which isn't the best investment either it was renting yeah it was rent it was like you were renting a trailer yes a trailer home yeah and a trailer park yeah so it's not even on like our own property or anything and the so you rent the unit and then you also rented the land or was it all baked into one kind of there was two payments that we had to make and one was significantly smaller which was a lot rent so yeah you're renting but you didn't own it no but we're buying the technically we are buying the the house itself does that make sense house you mean the trailer yeah the trailer itself no it doesn't you guys are instead of renting you're now borrowing yeah you're gonna take out a loan to get it yes we're renting to own i don't know the oh rent to own yeah that's okay yeah I tried to get out of it.

13:21I did. I tried to get my name out of it. But so it's pretty crazy. He's not willing to like whatever. BJ's Wholesale Club makes holiday hosting so easy. We called in Thanksgiving's original host to talk about it. Pilgrim here. We could have used BJ's back in the day. Imagine stepping off a boat, then foraging for your first Thanksgiving. It's a whole new world now. BJ's brings Thanksgiving right to your door with free same day delivery on your first order of$100 or more. We're talking turkey, squash, pies, all at prices so good they'll knock the buckle right off your hat. For terms, visit BJ's.com slash Thanksgiving and get the same great savings online as in Club.

14:00What's the return of refinancing there would be to get you off of it and him permanently on it? Well, I don't think he has the greatest credit either. So I don't think the... Rent to own? Yeah. What's the... Okay, what's the terms of this? Like 30 years. Because I don't have the debt for this. Yeah. 30 years, so it's like a mortgage. It is. Yeah. I'm trying to get my name taken off of it. What's the rent? The rent is like$1 ,200. No, it's not. It is. Is this even decent? It was. Yeah. No, it is. It is. It is. That's not cheap. Yeah. That's not cheap. It's not. For 30 years baked in. And it's in corpus.

14:47Interest? or is that baked in? I think it's baked in. I'm not exactly sure though because I don't have the statements. I asked for it. Yeah, why didn't you get statements? I asked for it, but he's not able to get them to me. Why? He's working like a double today. So he's not. You only tried today. We've been in conversation for a while to get you on the show. I didn't know until like yesterday. That you were renting to own? Yeah, I thought he, okay, so we tried to take my name off this. What the f*** is happening, dude? Hold on, wait, wait, wait, wait, wait, wait. Okay. I'm waiting. so basically i tried getting him to okay i don't want to give too much information about him because he's not in my life really that sure um so i tried asking him if he could get me the documents over the weekend yeah um because i only found out about this like recently because we originally were supposed to get my name taken off of the the contract sure but when i asked the original landlady had passed away.

15:45Okay. And I thought he was going to go ahead and get with the new landlady so we can start this whole process of getting my name taken off. Why hasn't he? I don't know. Tell him to f***ing roll a pair. Man up a little. Put in a little bit of effort. I will let him know. Well, how is you guys' relationship? We're friends. We're friends. Okay. How long have you been pushing to get off? Eight months. oh okay he needs to become a big boy yeah is it rent to own through the owner or is it rent to own through a third party it's through the through the trailer park so i guess the owner wow yeah this is wild yeah can are you guys able to like sell your rent to own to someone else i don't think he wants to because that's his property he wants to stay not even he doesn't even own the land.

16:39He owns four cheap walls. Yeah. What was the price of this? 30 something? 30 ,000? Yeah. That's why I want to get off. Yeah. I don't want to be on it anymore. Just because I... Do I even need to tell you? You don't... You can. Just to say it. Because I know it's already a situation. You guys are going to spend... Again, I don't have it here. I do not have the terms here. But according to everything you've told me, it's going to cost you$432 ,000. That's crazy. According to everything you told me, unless the rental goes down, does the rent go down over the course? I do believe so. Okay. Well, that changes it.

17:26Because right now, I mean, you're paying half the value of it in rent a year. Well, I'm not paying for it. Like, none of my money goes towards that house. But what happens if he misses a payment? You're on it, aren't you? Yes. Okay. That'll f*** you. Yeah. You know for a fact that it's 30 years. I don't. You don't know anything about this. I was trying to get the lease and it's been over five years since I've been on this. Because, I mean, that is completely different. Yeah. It is completely different in terms of, okay, pay monthly rent, additional amount that goes, building a down payment for the home, potentially.

18:06well they just accumulate equity over time monthly rent to own agreement is usually higher than the standard rent due to the additional payment you have maintenance responsibilities option fee at the start of the agreement the tenant usually pays an upfront fee known as the option fee which is between one to seven percent of the purchase price and it was only thirty thousand dollars it's a trailer they milked you i know that's why i was so surprised when i heard twelve hundred a month yeah it's a three bedroom two bath wow living in luxury there's nothing wrong with living in that at all no but doing this to do so yeah it's like the worst thing we could ever do yeah according to everything you've told me that's wild okay the typical is one to five years i don't know i i honestly couldn't tell you why'd you give me 30 because that would have been insane because I think it was like a ridiculous can I get him on the phone I can try but I think he's at work right now you want to just send him a text real quick yeah because even if it's five years it's$72 ,000 for a$30 ,000 thing so I just want more information on this because I know you're not paying it right now right is that what you said okay but if he doesn't for whatever reason that falls on me yeah and I don't want that to fall on me death even yeah you know something even extreme like that I just have to turn on my phone okay then you can text him um wow it's pretty crazy um and that's kind of one of the reasons i i wanted to make sure and i completely so what happens when the term is done he just wants to keep it forever yeah something that's going down in value on land he doesn't even own how does that make sense and that means you just can't like you're on the deed of this yeah i want to give you free money right now i've partnered with different resources that will literally give you hundreds of dollars the moment you sign up for them check out my investing app of choice Moomoo, where they give you up to 15 free stocks and 8.1 % interest on your uninvested cash when you sign up with my link.

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20:36So don't pass up the free money because I'll punch you if he sells it. Okay, what's the agreement then if he's paying for all the payment right now? Do you get anything? He sells it? I Even if we wanted to move it off of that in the trailer park, I guess, it would be like $10 ,000 to$20 ,000 to move. I think that's the average amount to move a trailer home. We've looked into it when we were engaged. Okay. Yeah. Let's get into these statements. Okay. And we'll see if we can get in touch with him so we can learn more about that because that's sanity. Can I go ahead and text him? Yes. Okay. You have a Capital One Walmart card.

21:17I do. balance on here 737 dollars and 41 cents not the most insane credit card balance but i know higher cost of the living state and obviously you spend double what you make what minimum payment 263 dollars whoa that doesn't make sense interest charge it's because you're over the limits you're over the limit by two two hundred dollars how are you over the limits right now dude what is happening why don't you at least pay your minimums if you pay your minimums you're not going to go over the credit card limit you'll make a little bit of progress even if not that much progress but you'll make a little bit of progress so what are we doing i lost my job what so i lost my job when like it was it was a temporary job it was like a temp position when it was like three months ago okay i was out of work for a month and i was i was applying okay i was applying like it was my full-time job good i like that yeah so now a few months have passed why have we not at least caught up on the minimum because they got charged off because i wasn't able to make payments for a while i was only making the bare minimum to like sustain life pretty much so are you saying this has this been given to collections it has this has um if if not What's your credit score now?

22:39It's not great. That's not a number. It's like low 600s, high 500s. Oh, f*** me. It's bad. It's bad. At 27? Yeah, I kind of f***ed myself tremendously. I think we have some of the credit karma in here. Mm-hmm. Well, this is insane. So you know for sure this has been given to collections, sold off the collections. I know one of them has, I think it's the Quicksilver. I don't think it's that one. So it's not this one? So is that even this one? No, I have a couple of credit cards. Are you waiting for this to go to collections or what's your plan here? What are we even attempting? You've made money.

23:15Not a huge amount of money, but you've made money over these past couple months. Yeah. And we haven't even attempted to catch up on it. So why? Well, I've been in a couple tough situations. Is that true? What percentage of your spending, which by the way, that spending was double what you come in. Actually, fine. How about this? What percentage of your income? Income did you spend going out to eat? Income. Income. What percentage of your income? Can you tell me? Are you able to give me a little, just a little hint? 35%. You say 35%. Which, I mean, that's insane that that even came out of your mouth.

23:56But you're close. 27. How is 35 or 27 anywhere acceptable? When you have payments, you could have made three times this minimum monthly payment. on your going out to eat. Going out to eat three times your ketchup minimum monthly payment. And then the normal minimum monthly payment is probably like 40 bucks. Yeah. So what the f***? This was a choice. This was a personal choice. It was. This isn't... That's not an income thing. That's not an income thing. That's not an income thing. You spent more than a quarter of your take-home pay going out to eat. Hi. I'm here to pick up my son Milo. There's no Milo here.

24:33Who picked up my son from school? streaming only on Peacock I'm gonna need the name of everyone that could have a connection you don't understand it was just the five of us so this was all planned what are you gonna do? I will do whatever it takes to get my son back I honestly didn't see this coming these nice people killing each other All Her Fault a new series streaming now only on Peacock an income thing an income thing I have people that just freak out and they're like, wah, Caleb, incomes are just poo, poo, poo, and people can't just even survive. And for some people, that is true. And for those people, I give them different kind of advice.

25:18For you, you spent 25 % on going out to eat. It's completely different. Yes. So what the f*** are you doing? There's no responsibility. No, there's, there, it's a discipline problem, um, for sure. And then on top of that. Then Why has that not been addressed? If you can recognize it, I will never understand that. You can come here and you can say, I recognize it and that's why I'm here for help. That does not work for me. It doesn't because you have been doing this even at a time of knowing it's wrong. So why has there been no change? Why have you not put any actions into it and waited for this exact moment?

25:58Because if I don't know a little bit of insights in how you're living your life, how are we going to create a conversation create a plan that is actually going to work for you and get you to a good position so why have you done nothing even though you recognize that it is bad so it kind of ties into the reasons why i got the credit cards um so when i first started moving or when i moved up here i was i was dating around a little bit and i was actually making a decent decent income and i wasn't like worried about it okay um but then i met my ex we just like kind of new ex after the ex-fiancé yeah yeah a new ex um you just broke up you said we broke up two months ago okay i'm sorry to hear that it's for the better honestly um that's what every ex says uh so so basically he made more than i did he made two times as much as i did maybe three sure um and he constantly like told me about how his his ex was like always asking him for louis vuitton bags and everything else and i was trying not to be like a gold digger but i wasn't making enough how would you be a gold digger because i didn't want to like constantly like rely were you asking for louis vuitton bags no no so how would you be a gold digger i wanted to be able to contribute a little bit more sure okay i get that because i like i like the idea of 50 50 but our 50 is that why you said you say that's why you opened your credit cards though yeah because i was like buying christmas presents and birthday presents but you weren't contributing you were just putting if you guys had a future which obviously now we know you didn't no uh if you did though you were just putting both of you deeper in a hole it was more myself he didn't really yes if you guys were together though if you were going into debt if that partnership was to last yeah you wouldn't have been contributing you were putting the future yourselves in a worse position yeah uh and i realize that now because even looking while i was getting all my statements and stuff i realized the majority of this was was like spending on like food to go out to eat together because i didn't always want to make him pay or I was getting like little things for us and like paying for things.

28:13Like I think I put ACL tickets. So you thought that if you covered things instead of him, that you were just like a gold digger sugar baby? No. Like he's not. But you weren't begging for things or asking for things. You're just. No, but I also didn't. Just getting a meal. I just didn't want him to like feel like he kept. I didn't want to burden him. Did he suggest in any way whatsoever that he thought you were taking advantage of his financial position? No, not really. Okay. I don't think so. I wasn't trying to. No, I know, but then I get the concern. It's just maybe an overreaction, especially if you have to go into debt for it.

28:56Listen, you're not a credit card person. No. I need to be as clear as possible. It doesn't matter that you're not. Your credit score is 544. Oh. Terrendous. That is all. It's disgusting. It's vomit. Use the Fizz card or a charge card like it if you're going to use cards. Okay. That's the kind of cards you can use. You cannot use a traditional card. You can't have access to money. You blow it up. Then you don't spend. No, you blow it up. Then you don't even put payments on it. Then interest accrues. And then you allow it to go$200 over the credit limit. The credit limit on here was$550. You're$737.

29:30You didn't make a payment. Who would have fucking thought? and then$19.91 of interest. Minimum monthly payment is probably$40, but right now it's at$263 because you've got to catch up. Okay, now you mentioned why you've gotten to the credit card, so you didn't really answer my question, and I'll be a little more specific. Why in the world, why in the entire world is you going out to eat three times more important than this minimum monthly payment mathematically? Why? There is no reason. That's nope, nope. Nope. There will be an answer. Okay.

30:10There is still something in there whether or not you fully recognize it or not. Okay. Is that what it is? So it's the want. It's the want of nice things. That's going out to eat though. It's not even nice things. Yeah, but I like restaurants. Okay. Okay. I do like food. I'm kind of a foodie. Probably not. Probably shouldn't be for a while. Well, obviously. Yeah. You can't afford to be a foodie. No, but that's kind of how my ex and I bonded. We would go over to restaurants, and then I would pay one date, and then we would go on another date, and then he would pay. No offense. You guys broke up.

30:41I don't think you can sustain that. Oh, no. That's not exactly what I want to do anymore. Or it's time to actually start going on those other dates and only have them pay for it, because that might be the only way you're able to afford a restaurant. People get triggered when I suggest that. I more mean that as a joke. I don't like doing that just because I don't like. Other people paying for food? What do you mean? Oh, like dates? I just don't like people. I don't like giving off that impression. Oh, I know. It's just a personal thing. More of a joke. Yeah, no, I get you. I get you. Okay. Yeah, I mean, I always pay on the first date.

31:19I think traditionally dudes usually pay on the first date. They don't have to. No, they don't. I mean. Okay. $737 it's ridiculous it is never mind it's not the worst one I'm sorry 32.24 % interest rate okay did you go to college? no I did I did but like I dropped out it was like family issues how many semesters did you do? I think I did two two semesters in what where those that mostly gen eds yeah it was mostly gen eds did you want to go to college um I do I've been thinking about it but I mean with the financial situation that I'm in right now I don't think it's probably the smartest decision yeah maybe it depends on how you go about it because again mathematically we can work out you know for some of these 30 % interest rates you know maybe not but if you could you know 2x your income via some community college and maybe a local state college yeah we might be able to mathematically in a way suggest that it is a better return on your investment sure if we go from 20 to 40 yeah i don't know what did you want to study what did you want to do well i do like I was undecided for a really long time I was thinking classic yeah okay yeah I was thinking tech and then I was just like probably oversaturated at this point in time the job market's a little harder but um but I do like what I'm doing now which is like accounts payable okay so in the world of accounting yeah how about this uh I'll gift you an accounting certification that you can go through for course cruise okay go through that dip your toes in the water a little more that way and then maybe you can look at the full degree if that's something you like yeah yeah I think so Okay.

33:16That could be a way to boost our income. All right. Let's look at that. You know if you see Credit One. You know if you see Credit One, you're already kind of at the bottom of the barrel finances-wise. Credit One is like the most disgusting credit card you can get, borderline. Yeah. I don't like that. I wish I never opened it. Why'd you get this? Because I think it was actually the second one I got after the Walmart. What? This is your second credit card? Yeah. How'd you even find this in the mail, probably? Yeah. Yeah. I got fucked. Cut up the cards that come in the mail, people. Let me tell you.

33:52Why did you accept it when it showed up? I mean, yeah, you got fucked, but you fucked yourself, though. You signed up for it. You did this. And then you're also the one who didn't put a payment towards it. You are the one. We already know how much you spend going out to fight. $47 of fees. Interest,$17. Late fee. That was the$40. so again and then an annual fee i you didn't get yourself i understand the going on um getting off work thing first of all did you apply for unemployment without accounting yes and and i got like one month of it okay you were only off work for a month yeah so there's no reason then we should have missed payments yeah um with your spending that's why yeah you know if we went back time and we looked at okay maybe things were tight tighter and maybe you couldn't have fully made your payments maybe that's the case but i don't know based on your spending i don't believe that for a single second you're someone that just swipes their card yeah i i do i do i like also treating myself i didn't i shouldn't have you don't get sweet treats right now you don't i'm sorry it's just like literally mathematically you can you can if you want and then you just essentially prevent you for the rest of your life getting them yeah because you just continue down the cycle get worse and worse maybe go through bankruptcy get into some more debt and continue going this through the cycle never get a car that you want never get a home that you want never be able to get the vacation shopping is hard right but i found a better way Stitch Fix online personal styling makes it easy.

35:38I just give my stylist my size, style, and budget preferences. I order boxes when I want and how I want. No subscription required. And he sends just for me pieces, plus outfit recommendations and styling tips. I keep what works and send back the rest. It's so easy. Make style easy. Get started today at stitchfix.com slash Spotify. That's stitchfix.com slash Spotify. The decorations you want, the retirement you want, the sweet treats you want. you can do that by continuing to around right now or you can make a temporary sacrifice and actually better your life for the first time in your life and that's what I want that's what you want but it's not anything what you're doing there's no behavior in here to indicate that whatsoever want is a want is a want I want to be skinny but if I don't go on a diet and if I don't work out I'm not going to get skinny sure I want it my behavior has to align with that go without any action is you I have started some action though go on so actually it wasn't really by it was by choice okay so i have like a fraud charge on my on my my card and i got locked out and like for three weeks i wasn't even able to use my debit card so again that was forced that's not you doing anything but it like also helped make me realize that like there is an issue okay yeah so so i guess you only You just have to wait on others to do it for you.

37:05No, don't say that. I mean, that's what that is, though. No, I know, but I don't want it to be like that. It is like that right now. It doesn't have to be forever. No. And I'm going to call it as I see it, and that's what it is right now. That's fair. What's the f***ing on this? $500. And you're at... Oh, that was the previous balance. You're at$845.

37:30Pass due 202. Minimum is usually 82, it looks like. Okay. I think. But your actual minimum is 200. Actually, it looks like your normal minimum is about 40. But, of course, what you owe right now is 284 because you haven't been responsible. Listen, you lost a job, and that sucks, and I sympathize with that. And things, emergencies can happen. and people don't have emergency funds and they go into credit card debt. And that's when, once you get the job, once you have the ability to do so, you cut back on everything in order to pay it off. You got unemployment for the period that you were off work and I know how much money you spend on bullsh**.

38:14The thing is, right now, it's two$40 minimum monthly payments. I know you could have made$80 of payments. There's no excuse. You're just being an irresponsible child financially. Yes, I realize that now. Okay. Can I take a sip of water? Yeah. Okay. Please. Hydrate. Ally. Ally is usually either savings or car, and this is a car. You have a 2024? I do. Car? You? $20 an hour not making minimum monthly payments. How did you even get qualified for a loan? They ran it like six times. then Ally was the only one that accepted you huh yes because I originally had a um a loan through them for my Nissan how much did you trade in a Nissan for so I had to pay off 7 ,000 of it yes but what did you get for it I got 11 but I had to put seven towards my uh okay so you rolled over three thousand dollars equity yeah so you actually did make money on the nissan yeah you should not have sold that that made no sense if they were able to take it for 11 000 it was not in that position no a dealership taking it for 11 000 yeah all right well that's what i got for the insurance from my insurance because of all the damages the hail yeah you said the hail didn't the insurance didn't cover him no they did you told me sorry it was 11 000 that they gave me from the insurance and then that's what i so why didn't we get a 10 000 hour uh well okay so seven thousand dollars rolled over okay even still three thousand dollars down on a ten thousand dollar card what's the balance hold on this okay only three more days to reserve your spot in my free financial refresh challenge and as fun as this show is my ultimate goal is to spread financial literacy for five days i'll be sharing video lessons on financial topics that i normally don't get a chance to talk about on this channel get my tips on allocating your money cutting expenses, and creating long-term and actionable financial goals.

40:24There's something in here for everyone, whether you're just getting started or have been on your financial game for years. I've never done this before, and I don't get to do it very often, so I'm really excited to share these video lessons with you all. Click the link below or go to calebhammer.com slash challenge to join for free. This is an insane car for you. Insane. This makes no sense. This makes no sense. This makes no sense. Do we have the value on this car? This makes no sense. you owe$30 ,289. For your income situation, that's insane. Why did you think you needed a brand new car? Well, my Nissan Altima, I already had issues with it.

41:08I don't give a fuck about the Nissan. Wait, wait, wait, wait, wait. So the Nissan Altima had issues to begin with, and it was a used car that I got. You don't even know what the issues were. You said it was making a noise. Yes, but I didn't want to have any other maintenance issues. So we think new cars don't get maintenance issues. I bought my Jeep new when I drove my Jeep around. That battery died like once a year. Sucked. But that's cheap. It's not the biggest bill in the world. I know, but things can always happen with cars. You can get more reliable cars. You can get less reliable cars. I'll tell you what's reliable and unreliable.

41:42You making your payments is unreliable across every debt. and apparently on this one as well because you owe double the payment meaning i'm assuming oh and there's a late charge 31 so we can't even pay our car bill so yeah keep it tough for a few more months get it repoed and then you're just even more okay because then you don't even have your car and then they sell it at an auction and then you owe the difference between that and they probably don't even get something good from the auction so then you owe money on a car you don't even have and then you need another motor transportation because we live in a car infrastructure world what the what are you trying to do here what was your thoughts you bought this car okay i didn't want maintenance what was your plan um my plan was to stick with the job for as long as i could because that's when i was getting like 23 dollars an hour and three dollar difference i don't does not make this car affordable no it really does not it did it it did at the time when I was making payments.