Financial Audit's Biggest Cuck

29:20Big guy. How long does this take to pay off? Lovely lad. I don't know. Oh, come on. How long does it take to pay off? Probably 15 years. 17 years. Do you even know what you spent on? Because you just told me about the cat thing, but you had all that extra stuff. Yeah. All right. You do not get to leave this building until you download our budgeting app. You download the budgeting app, link in the description for everyone else, but you download the budgeting app, and it will at least tell you what you're spending in each category, updated multiple times a day, and you'll see where your money is going.

29:52You can set limits on different things. You just got to be so smart. It's automated. I don't understand that it's so basic. The problem is that I have impulsive behaviors. Why doesn't everyone just use that stuff? I know, but you can at least see the results and adjust. Right, but so for me, like, it's something that I'm newly adjusting. What are you talking about? Huh? Is that why you have the how to fix it book? Trying to. Okay, income was$3 ,599. I know how much you spent, but I want to see what you think you spent category-wise. Can I have the whiteboard? I want to see you do this. I know you like free things, and I'm giving some things away for free right now.

30:30And let me show you how to get it. First, I'm giving you a limited edition financial audit tumbler plus a 30-day trial of Simpler Budget Premium to new users when you buy my four-class bundle. And this trial is normally only 14 days, but I'm doubling it just for those purchasers. And do you just want one class? No worries, you'll still get access to that 30-day Simpler Budget trial. And act now because we're winding down our intro pricing at midnight on April 23rd. So this is the best price you'll ever see on these classes. So if you're feeling stuck or intimidated by your finances, you're not alone.

31:08And now is the best time to get started. Grab your free limited edition Tumblr, sit back and finally take control of your financial future or don't. And you can end up right here. I want to see where you think you spend things. Oh, they got me something special. Whoa.

31:31Oh, I already have your categories, big boy. I need you to fill them in and tell me what each of them are in that color. What do you think you spent$1 ,632 on? What do you think you spent$93 on? What do you think you spent$496 on? $138 on? $407 on? $318 on? $339 on? $160 on? $125 on? What do you think? Yeah, you're going to tell me. Best guess. You live your life. You don't budget. You don't know anything. But go ahead. Please tell me. Best guess is... Best guess is you're going to fill them in and write. Of course he goes for orange first. Double orange. And red. Come on. This is probably... This is probably Rent.

32:22Okay. Rent, he has the big thick... The big thick boy. Um...

32:30This might be groceries. Groceries, he says it's groceries.

32:39I don't know, this is probably eating out.

32:48I don't know. Oh you spend a lot though, where does it all go? This one might be gas. Where does it all go? I don't know what... I've heard that already. Keep going. I don't know anything else. You don't know where money could go in your life? No. You're f***ing my tits. That, so... Okay, he thinks... The problem with me is that I've been trying... This is something that I've struggled with my whole life. He thinks$1 ,632 was spent on rent. Correct, that was housing. That's the only one you got correct. What, you said groceries for$407? Yeah, that was going out to eat. And what you thought of going out to eat was$496.

33:26That was just transportation. And then gas,$339. That was actually medical healthcare. The rest, unknown shopping, it's Amazon, Walmart. Now I know your Amazon is mostly f***. Necessary food, that's$138. That was groceries. While you're spending on bulls***, it was$710, basically. Miscellaneous bulls***, things that don't matter, video games, whatever, that Prime Video stuff,$116. And all the money that went to that net. in the end was only$125 where you spent$407 going out to eat. I thought I had put a lot more into it. Because you spend on it. Yeah. Net. A quarter of what you spent on going out to eat with the actual debt.

34:17What are we doing, dude? What are we doing? You're away from her. that was a bummer right that sucked but that was also two years ago when you're done three years ago when you were done with that that is no longer why we are here here is your behavior and what you have spent on these items and what you're choosing to put towards debt your lack of budgeting your endless impulse not being able to spend it on a credit card that is but oh no it's you're over the credit limit on the amazon card you're over the credit limit on the amazon card and it's just it's at that point it's just choices because i saw what you spent on nothing there was necessary nothing there was necessary the allergy thing is probably the closest to it but nothing there was necessary stim toy listen buddy i appreciate that you opened with the story to set the stage i appreciate it but that's not why you're here anymore look it is your spending you're over the credit card limit because of your spending well so i think what didn't help too is that i so when i moved here in 2023 i moved in with my sister and i lived with her up until like january 7th of 24 and so i ended up moving out because i felt like i was uh I just felt like I was in the way.

35:41I was sleeping on an air mattress in a hallway, essentially. And so I decided, you know what, let me just move out and get my own place. And so then I had to buy things to fill the new space. It was my first time actually having a place of my own. And I also... So let's destroy our life? I'm confused. What? When I got my first place of my own and I didn't destroy my life, we all have our very first place of our own at some point. Well, I also picked a place that I didn't realize that the rent was actually higher than what it normally would be for the area. I was paying like$1 ,800 a month. Buddy, oh my gosh, you're not talking to the innkeeper.

36:25Like, that's not where we are in life. You have access to the internet beyond the amount of tools that anyone has ever had to see what rent is. In fact, I bet I could just GPT real quick, Google real quick, the median rent in that area. When I had gone searching for apartments, I looked at like probably 15 apartments. And every time I would look at these apartments, there was a couple of them where there was like a homeless guy sleeping in the elevator or like cars consistently getting broken into. And so the one that I chose was supposed to be safe. There wasn't any issues. That's not what you told me.

37:02You told me you got into a place and you thought you didn't know that that was higher than most rent. I didn't, right, but it also seemed safer to me. So when I moved in— Well, definitely for safety. Right, so the appearance of it was safe. But then once I moved in, all hell started breaking loose. Cars were getting broken into, tires were getting stolen off of vehicles. Oh. The security gates never worked. I would lose power, and at the same time, I would lose water. And so then I was, I ended up having to stay at my work for a couple of days at one point because of it. That's crazy. So to cut back on rent, at least, I ended up moving to the other side of Houston.

37:46And I'm now in a spot where I pay just under like$1 ,300 a month in comparison. And I'm saving on gas money with my commute. Oh, is anyone helping you out? Is there anyone in your corner? My mom, my mom tries to help me out a little bit. I, for the most part, I... Wait, no, no, no, no, no, no. I was hoping I would hear if it all helped, and I would have been okay with helped. You just used the word helps. What? What is happening? So the only thing that she's paid for recently is, she was out here last week, and she told me that I needed to go get a haircut because I haven't really been taking care of myself like that.

38:27What do you mean? Why? You have a girlfriend. And when was it she just chopped her hair? For me, I have problems with using other people's money. I don't like taking from people. And I think that's where I get myself in a lot of financial trouble because I would rather... How often does she help? Be honest. My mom? Yeah. Okay, well, no, she does help me a lot right now. She pays for my car insurance and she pays for my health insurance, which I'm going to fall off in June. so why can't you take care of yourself but you can go and get a cat and you can buy all this bull for the cat and get all these stem toys and all this bull and be over a credit card limit i'd say that's not taking care of you i think for me though i am because i have living alone is hard on its own and i ended up out here in a way that was not by choice and so well you did choose to go to where your sister was but i get what you're saying right but i i needed a make it or break it That was it.

39:26And so I ran, and this was the easiest, safest place for me to end up. And so I busted my ass out here. Buying STEM toys on Amazon? Over the credit card limit? I busted my ass to get out here, and then— I get that. I'm on your page about that. You left. I'm talking about buying STEM toys on a maxed-out credit card, dude. So I haven't let my finances be anybody else's business, though. That's my thing. And so I got this cat so that I could have— I needed—I just needed something at home with me. I needed a reason to be home. Stem toy! Mouthy stem toy necklace! A human one! Yeah. That has nothing to do with the cat!

40:10You ever get one of those, I should really get life insurance thoughts, and then immediately distract yourself with snacks or busy work? Yeah, same. But here's the grown-up move that I finally made. I applied for a term life insurance policy through Fabric by Gerber Life. And it turns out, adulting isn't that scary. Fabric helps parents like you help protect your families with term life insurance policies online, simple, and surprisingly fast. You can be offered coverage in less than 10 minutes, and you may not even need a health exam. Even if your job gives you coverage, that policy might not follow you if you leave that job.

40:44But with Fabric, that's your own policy, and it goes where you go. They offer policies issued by Western Southern Life Assurance Company, which has been around for almost 140 years. Doesn't get much more solid than that. And they have affordable options that fit your family and your budget, like a million bucks in coverage for under a dollar a day. Plus, 1 ,900 plus five-star reviews on Trustpilot and an A-plus with the Better Business Bureau. They're legit. And they've got tools beyond insurance. Think free wills, tools to invest in your kid's future, and future planning stuff that can help you feel way more responsible and adult-like.

41:21So join the thousands of parents that trust Fabric to help protect their families. Go to meetfabric.com slash Caleb. That is meetfabric.com slash Caleb. M-E-E-T fabric.com slash Caleb. Thanks, Fabric. Let's get back into the episode. Ever wish your brokerage paid you for a change? Yeah. So Silo actually does that. With Silo, you can earn up to$5 ,000 cash back every year just for holding your stocks and ETFs with them. That's right. You invest like normal and Silo gives you 0.5 % back on your entire account balance, including what you've already invested. Meanwhile, most free brokerages are raking money off all your trades through payments for order flows or pocketing interest on your idle cash.

42:06What are you talking about? But Silo flips that model rewarding you instead. Now, yes, there's a monthly fee for the cashback program that starts at$10, but I'm a Silo cashback member myself. And if you sign up with my link, you get three months for free to test it out. Take the trial with no strings attached. And if you're just curious, you can still invest in stocks and ETFs with no monthly fee, even without the cashback. Also, all assets on Silo are stored with interactive brokers and protected by$500 ,000 in SIPC insurance up to$2.5 million in FDIC insurance. So if you want to get paid to invest, like I do, go to SiloMarkets.com slash Caleb to lock in your free trial and earn up to$5 ,000 in cash back every year.

42:51That is SiloMarkets.com slash Caleb. Let's get back to the episode. We're buying STEM toys for our tongues. when we are over the credit card limit and cannot pay it off and cannot pay for school, cannot pay for rent, cannot do all these things, do not have enough money in our checking account. So to go get Zyrtec, we buy it on Amazon instead of at a store on a credit card. But we're getting STEM toys. And no, you are taking on the responsibility of another living thing. It shouldn't just be about you that are selfish as fuck. And I know that. I'm doing what I can to take care of her. Yes, but you can't take care of yourself.

43:29you just admitted that mommy helped you because you can't yeah you don't go get you can't afford a haircut how are you gonna afford the cat vet visit i figure it out i i all those purchases has led to almost six figures in debt yeah well i i mean i don't really regret any of those purchases then what the are we doing because you're not you're never going to pay off this credit card if we're getting a tongue stim toy on a monthly basis. It was one purchase. That was one purchase out of like 15 purchases we went through. Right, but a lot of other ones do matter. We're not critical though. Did you need the cat tree then?

44:13At that exact moment, 100 % or else the cat would have died. Well, I had ended up putting that onto an affirm that I have ended up. I saw a purchase on the Amazon. Oh, but you purchased it. Oh, for fuck's sake. Okay. Yeah. Great. Did we need it or the cat would have died? I feel like it was better for her to have some more stimulation. I feel. She's home alone for God knows how many hours because I'm working, because I'm trying to figure out this school situation, trying to pay for school and everything like that. So I wanted her to at least have something. I don't know, to stimulate her or something.

45:02I get that, but you can't even afford to take care of your own bills. That's the issue. But it's who I am, honestly. What, making bad life choices? Being somebody that gives a shit. Being somebody who cares. Except for your future. What are we going to do? If we don't give a shit about our future, what are we going to do? I do care about my future. That's why I'm trying to figure this out now. And I'm trying to find a way. What are you doing when you're trying to figure it out? Well, I paused on school so that I don't go homeless over trying to make these payments. I can appreciate that. Absolutely.

45:36And so I'm going to find a way to get back into school. So that's different. You're putting your credit cards above max. I'm not talking about school. I didn't criticize that part. You're saying all these purchases should justify and you don't feel bad about them. And essentially assinuating that you would do them again. No. Well, I've tried to, over the last year probably, I've tried to take out other private loans to help me pay down some of the cards. That way I can at least maybe consolidate or have a cushion at least to help get me through. Cushion? No, because then you just get more debt.

46:09And you basically have already admitted that that's exactly what would happen is you would just get more bad debt. Because that's your cushion. By unlocking more debt for you to have by moving your debt to one other debt. Okay, so So You just go stim it up, dude That's all you do You'd go purchase Now, you'd go consolidate or whatever Personal loan, pay off the cards However you do it, multiple ways Credit card transfer But then you'd build up that original credit card again With stim toys and cat trays They're not even approving me for these loans Thanks, because you're horrible with debt Honey, you're horrible with debt Listen and here alone$311 in interest this year still at the time filming this is basically barely even started we're fresh into the air and we're already at$311 I didn't know it was that much I knew that the interest you're not look at statements ever I don't budget you're not even willing to use an automated budgeting app that just does it all for you so like I guess I'm not surprised.

47:15Well, I've tried to budget. It's just I get overwhelmed because the numbers do look bad sometimes, but that's the reason why I wanted to get the loan is so that way I could pay off a card and use it more intelligently and build up my credit. You can only do something like that if you change your behavior first. You haven't changed your behavior. That's what I'm working on. What? Buddy, you spent a fourth win to your debt net than you actually spent on going out to eat. You're not working on it. Don't say that to me. Everyone says that when they come on this show. No, they're not. You driving here is not working on it.

47:54You have no demonstrated abilities in your financial statements to suggest that you are working on it. And you thinking about it does not work. You built a budget. You didn't see what you wanted, so you walked away instead of actually making the changes in the budget necessary via the life changes you would actually have to do to fix it. Well, I disagree. I think that I'm making a lot better decisions financially. Yeah, tell me. Tell me, please. I have a full pantry now, and so I am working on not going out. So you probably spent more than you need to at the grocery store, and then you still spent$407 going out to eat.

48:27Oh, real big slap on the back for that one. A lot of the going out to eat, too, is because when I get off of work, I'm just exhausted. I have spent all day trying to take care of these people and cater to them. Good. Meal prep beforehand so you can warm it up in the microwave. Boom. Solved your issue. Shut the fuck up. I don't care. You're dying in debt. You're dying in debt, and that is what I care about. I care about you having a better life. I don't care about if you're tired after work. I don't. I care about you having a better life. In general. You get off of work, go home, warm it up, boom, good.

48:59You live with her? No. Okay. Well, never mind. You go home, you warm it up. She stays over a lot, though, and so I'm the only one that she can't cook. I'm the one that cooks. Sammy, she can't. What? Give her one of these. Give one of the cookbooks. It's the easiest recipes in the world and it's for$300 a month. The budget's for budgeting on$300 a month. It's just like, I can't cook is not a thing anymore. Again, just like the I can't find rent prices, that's not a thing anymore. Well, I've tried to teach her how to cook, but it's just, we end up fighting. You're just pushing buttons. Bake. Bake.

49:37Everyone can bake. Everyone can bake, right? Everyone can bake. Jake, can you bake? Lizzie, can you bake? Everyone can bake. I can bake. We can all bake. Bake is, you go, and then you put it in, you go, you're baked. Casserole. Meatloaf. Baked. I'm not talking about a pan-fried, incredible filet mignon, which honestly is actually pretty easy, too. I've tried to teach her the simple things like mac and cheese. A button, she can't push a button. I'm concerned that she can't push a button. Well, she started to. She's using the air fryer now. Oh, she's using the air fryer. So she's learned how to push a button.

50:19Okay, listen. I got a little, you know. Jay, can you go get her real quick? Can you go get her? Can you get her real quick? Can someone go get her? I still don't know what we're doing. This is 2025. This is 2025. This is 2025. I'm very curious. Listen, here.

50:47boom recipe okay so she'll follow this in her recipe book hello take this crayon put it in here stir it up

51:01good push this button push it right here push this button good she's not completely disabled She can cook. She can bake. You're welcome to leave. Thank you. She can cook. She can cook. She stirred together ingredients. She put ingredients in. She can cook. I'm so proud of her. I'm very proud of her. I am too. That was a lot. That was impressive for her. Okay, well now you're just calling her stupid or something. That's not very nice. Only I do that. So there we go. I mean, also just make a sandwich. That's not cooking. Like, there is no excuse. There is no excuse. I understand being tired. I'm tired of the work too.

51:53We're all tired of the work too. And luckily I can afford to get food if I want to get food. But if I needed to, I meal prep. The way I got out of debt. I sacrifice everything necessary. And if you do it, you can have a good life. But not if you actually don't do anything. My problem. We've been out on this Amazon card forever. Quicksilver! $3 ,489.24. Another just substantial balance with a minimum monthly payment of$115. Yeah, these payments stack up, so I definitely feel that. That's it. It's at max. Yeah. When did we still purchase? We purchased! I think stuff comes out of there automatically.

52:35I think it's... This is, it takes five seconds. It takes five seconds. Open your phone. Open your phone. Open it. Take a phone. Give, give, give. Yes, you have Apple Music, Apple TV Plus, Chegg, GoodNotes, Microsoft 365 Family, Quizlet. Cancel them all. Then you wouldn't have a lot of f***ing manifest payments. Fucking payments. Hitting. I don't give a fuck. I think that one's Netflix. That comes out of that one. Well, cancel that. There's nothing on there anyway. Well, there's a lot on there. There's nothing good. Sometimes I just need my comfort show to go to, and I don't want. What's your comfort show?

53:21I'm watching. I have the subscription with the ads. YouTube has all of this, and you can watch the ads. And this is so much better. Netflix, they have the most boring financial show ever created. YouTube, pretty fucking great. Just watch this. It's a free platform. I just don't get it. We're sacrificing a little, man. It's just... Okay. It keeps your credit card maxed out. That's the point. If it was in your checking account, it'd be different. I'm getting hiccups. Because I'm stressed at this craziness. If you're not a credit card person, buddy. You can't have credit cards. I can't have you open more debt.

54:02Well, I have one right now that has no balance on it. Very proud of you. You have two that we've talked about so far. One is maxed out. The other one's over that. So I don't give a f***. You can use the Fizz card. It's connected to your checking account, and you can't spend more than it's in there, so it acts like a debit card. You can do that. That's all you can do. Okay? That's it. That's all. Wow.

54:24It's from Petco Vital Care. It's not even Netflix, you tith. So that's from my dog that I had to have put down in November, and it was... Is that a payment plan? It was a monthly subscription to make the vet payments cheaper. And so it... Horrible. It did help me a lot when I was getting her checked out. And I am so sorry because that is like the worst thing in the world whenever that happens. Here is the thing. I'm going to... There is no point of sugarcoating life on this show. You know, we'd be wasting our time if you left here and I just sugarcoated. If you can't afford a vet appointment, even for that horrible last one, You can't have a pet and you should not have gotten a cat.

55:06I'm sorry about the dog. You already have the dog. This is what happened. Okay. I'm actually surprised that there's not my vape purchases on that one. What is with financial stupidity and killing our lungs? It goes hand in hand. There is not one person on the show anymore that doesn't vape. What? How much do you spend on vaping? What are you vaping? What do you want? Just nicotine. I. How much? How often? What? All the time. Um, I think I spend maybe$100,$200,$250 a month on it. So you... I've been smoking for like 11 years. You have to do that! Then f***ing pay off your... Well, I'm working...

55:47I'm trying to quit that. So you smoked cigarettes at some point? I did. Okay, so that's... And so I did quit that. You burned all this. That makes sense. That makes my four cents. I understand that. Okay, well... Easy. Well, come on, man. Easy. You're talking about genetic f*** here. I don't have any control over that, right? I'm teasing ya! Well, come on, man. We're here talking about finances, and you're talking about how I can't grow a mustache. I can't either. Look at me. I'm a patchy little... Exactly. Come on, pirate. Huh? Patchy the pirate, right? We're both in the same boat now. No, I don't know that one.

56:19No? Okay. Well, I'm patchy. You just got neck. Well, you know. We're in the same boat. Okay. Listen. Why? How'd you pick it up? At, what? You would have been 14? Yeah. You picked up smoking? What? Why? That's horrible. We need to get you off, man. We need to get you off. I've been trying for a couple of years. I've, for me, I just, I'm so stressed out all the time. And so I know that it's harder to quit something that you're addicted to, like nicotine. It is. It really is. When you're so stressed out. Why did you pick it up so early? I was hanging around the people that I shouldn't have. I was trying to impress them because I wasn't the kid that people liked.

57:08I have red f***ing hair. I have red f***ing hair. Lindsay, he has red hair. I was an easy target. Lindsay, are you hated? Oh, no. I was an easy target. And so people didn't like me. And so to impress people, I started. They actually did not like you. They actually did not like you. But because of the hair. It was always their go-to. I've never not liked someone because of their appearance. It's a really weird thing. People are very superficial in California. Listen, if you smelled like cigarettes when you're walking in a homeroom, yeah, I would not like you. I did not like those people. I don't know what the problem was.

57:44I mean, it always came back to me having red hair. That was always their go-to. Like a toxic school. Is it a very clicky school? Yeah. I mean, that just may have—I don't know if it's the hair thing. They probably used it as a point, as a jab. but, you know, it's like, I highly doubt that was the reason they did not like me. Well, and I've always been a shy person, and so I didn't make friends easy, and so I— There you go. You're introverted, and it was a clicky school. I think it's more that. Yeah, so I guess to get people to like me, I started doing stuff that they were doing. People liked you?

58:17People were going to like you by you showing up smelling like death? I'm a little confused. How does that work? I was a little bit more accepted into the other groups. Oh, so it was the group that was smoking. Yeah. What was that group, Emo? No. That's who smoked in my school. Emo and ghetto. Ghetto. Oh. Yeah. Ghetto ginger. It's a new one. I've never seen that one. They call them gypsies in the UK, though. It's the Irish. Gingers? Yeah, the Irish. Yeah. It's not the Eastern European gypsies, but it's the Irish gypsies of the UK. I feel like that's a really weird fact to know offhand. I have British friends.

59:02Yeah, I know. Edit. Yeah. 27.24 % interest rate. We're accruing almost$300 in interest on this one as well. So at this point, I mean, we're probably up to about$500,$550 in interest. Lost. Just on two cards.

59:21Listen, buddy, I, this is, there's just so much to go through still. Like, I don't know. And I appreciate you saying you think you're going to change, but I don't see the defending a fucking stim toy getting into the cast. I'm just, I'm a little nervous that you actually won't change.

59:42I've given myself no other choice but to change. I agree with that. However, I've seen people not change, even when they have no other choice but to change, and they just fuck everything up. And you can go down the road of bankruptcy. You could do that. But the fact is, without changing your behavior, You're going to be like many people who have been through bankruptcy before on the show, who they go through bankruptcy, didn't change their behavior before or during, and then they get into the debt again. It's like, I guess it's going to be a reoccurring cycle forever. That's the reason why I'm here, though.

1:00:06I don't want to declare bankruptcy. I don't want to declare bankruptcy. Okay. I don't. What's your big fear of bankruptcy? Not being able to provide the life that I want for myself in seven years because I plan to be financially free way before the next seven years. I hope so. It's brutal. So I don't want that to inhibit me from doing the things that I want to do with my life. I mean, just alone, buddy, the interest that you've lost is insane. Reaching like 30%. 30%. Like the best return thing I can think of is when I just have money that I'm not using, I just like put it into the Moo Moo app that I use, and I get like an immediate 8.1 % return on my money.

1:00:49It's incredible. It's delicious. It's awesome. It's a little savings thing. That is known as an incredible savings rate percentage. You're losing 30%. That point of financial freedom, keeping a card overmaxed, a card maxed, and then losing 30 % on it, that never gets us there. It is time to cut down your financial stress and gain total financial dominance. You gotta download my budgeting app today. It's free to start and it's the simplest way to take control of your money in the free version You can manually create your budgets track expenses and monitor your spending all in one clean intuitive dashboard And then you can take it a step further upgrade to premium to securely link your accounts with plaid Automatically categorize transactions and with our new update you can set custom rules So you never have to recategorize the same purchase twice You also get access to our private financial community where you share tips learn the best practices, and stay inspired.

1:01:51Plus, I'm adding new features like every freaking week to make this thing even better. And you can test it out with a 14-day free trial so there's no risks. And don't forget, when you sign up for the annual version of the premium plan, you'll receive a limited edition signed notebook and my exclusive signed hardcover cookbook, all mailed directly to your door. So make sure you download my budgeting app today. It's in the description and pinned comment below. You will not regret it. And this credit card will be purchased on again. Where is this getting to this financial freedom thing that you're talking about?

1:02:25I'm not seeing it personally. I mean, what's even the max spend you can spend on this? That one actually got lowered. This is where Netflix is. I didn't even know. It's a 34 % interest. Me, I just talked about how 30 is so bad. So this one I got when I was with my ex because I actually was investing in a business for her. For her? Yeah. Oh, no. What? So I was like a silent investor, essentially. And so she was selling like Sensi. Silent because she didn't want you to be seen. So she was selling Sensi and paparazzi. What is that? Sensi is this pyramid scheme. It's like wax, instead of candles, you use a wax warmer, and they sell wax and room sprays and all this stuff.

1:03:21And so she was doing that, and she built up a pretty big online community, I guess. And so she then started meeting people who were doing resaling online on Facebook Marketplace and doing Facebook Lives. And so we would go to TJ Maxx and Ross and Marshall, and we would buy all of these like name brands. Yeah, it's not bad. But what happened? I kept investing money, but I wasn't getting anything back. Wait, how much were you investing? So$10 ,000 was made, but was that$10 ,000 in profits after the investing? It was probably$7 ,000 in profits. Why didn't you get anything? Dude, she's crazy. It was easier to let her deal with it instead of asking for the money because then it would start a fight.

1:04:14Two would have fought. If you said, can I have some of the money I'm investing into it? That's when you run. Yeah. It was a fear. How much did you put into it? God, I don't know. Probably over$10 ,000 out of my own pocket. And why is it associated with this credit card? Because we were getting points on that, and then they have a reward system that you can use. It's like you get$20 off purchases or whatever it is. And so we were using that to buy most of the product. It did have a higher limit, but it's come down a lot. Yeah, I bet you're basically at the limit. And then again, there is the purchase.

1:04:59It's a reoccurring, but it's at a 34 % interest rate. I don't understand the point. Okay, so you owe on TJX. Never even heard of that. It's the TJ Maxx. Oh, this is TJ Maxx? Yeah, so it's a synchrony. Great, we're doing a pyramid scheme on TJ Maxx.

1:05:24$441.24. The minimum monthly payment of$38. It's crazy. Interest this year alone. Fees! Why am I saying fees? Did you have a late fee this year? Pull up the app. Pull up the... Pull it up. I don't think so.

1:05:49It's easier for me to keep up with that one because the payments are lower? Well, yeah, because it doesn't let you spend more because it's deemed you to be an irresponsible child with credit.

1:06:04Okay. Statements. I got to go through the statements of this year. Okay. So here's the month before. Yes, allow interest.

1:06:17Okay, I don't think this is the fee one. It's been January. It may have been an annual. Let's find out. I don't know if there's an annual interest fee on that one. January. There's it is, a$27 fee. What you doing in here, credit card? It's a late fee. It's a f***ing late fee. You're not even paying them on time. I like you as a person, I think. You seem chill. But buddy, you're not even... The f***ing stim toy over paying your lowest, most manageable, in your words, credit card. Come on. Your choices are beyond irresponsible Why are you late? If any of them should be on autopay It's this I don't know what happened with that one You didn't pay it on time Why?

1:07:14You said that was in December or January? January Um I'm not sure I had gone to California For like two days in November For my grandma's like celebration of life or whatever And then And after that, I don't know, maybe, I don't know what happened. I don't know if it was maybe the plane tickets. I don't know. That just got a hold of my finance. I don't know what happened. I didn't know that it was late. Uh-huh. Costco. So that one, I also. $144.68, minimum monthly payment,$35. five what were you gonna say so i got that one because um we back when i was with my ex we were saving money by going and buying in bulk at costco and so i got a costco card and i had ended up buying a pool on that actually and then i ended up i did end up returning the pool because costco has this return policy where you can return it however so i got the money back um they ended up closing that account though so you can't be trusted with credit to save your fucking life Like, actually, literally, mama's giving you hair cut money.

1:08:34Can't make food.

1:08:39I don't know. I think right now I'm doing the best that I can with what I have. You're doing the best? You relate on your most manageable... You're doing your best. I'm not going to accept you're doing your best. Define me how the fuck you think you're doing your best, please. I want to hear this defined by you.

1:09:04Recognizing that I am in an amount of debt that I can't survive with right now, not with my— So basic recognition is you doing your best. I'm taking action, though. What? I see nothing but moving them up except for the credit cards you can't spend on. Trying to get help by coming here and figuring out what to do. I'm not a magic pill. And I'm making, so I haven't touched that other card that has no balance on it. Listen, you know, without me having to tell you, that the best thing you could do to get out of debt as a first step is don't spend on the debt. Nothing was a necessity that has been spent on the debt so far.

1:09:45Nothing. Not one thing has been a necessity. Not one thing. If you were trying, you would not need me to say that. In the moment, it does feel like a necessity to me. A STEM toy feels like a necessity. Netflix feels like a necessity. not paying your card on time feels like a necessity what are you talking about so i i didn't know that i wasn't that i didn't make that payment on time because i i so what i've tried to do is i'll write down like my debt and then when it's due and then how much the payment is but that's the most i can only keep track of like the cards i don't auto pay budgeting app auto pay but i can't i can't put anything on autopay when there's no money in my account.

1:10:25You would have money if you're using a budgeting app. Okay, but when the systems aren't easy for me to use, or I'm having to pay 50-something dollars for a subscription, that feels like a waste. Why would you pay 50 dollars for a subscription? There's budgeting apps that I've tried to look at, and they... Oh, our budgeting app, well, yes, for the automatic connections, it's because it costs... People don't know this, I don't talk about it all the time, but when you download our budgeting app, right, just your free account actually costs us money. It costs us money for AWS. But then if you do the automatic connections through your banking platform, no budgeting app does that.

1:10:57You pay a third-party service. So every account you connect charges us money. So for some users, we would lose money if they have like 1 ,000 accounts to connect. For some that do too, we make money. Yeah, what do you think? People are just like a charity? Like, yes, in order to build the service that costs hundreds of thousands of dollars to build, it is going to cost money. But if paying, you know, 15 bucks a month, which is what I think our premium version is, or a lot cheaper on an annual basis, if charging that saves you thousands a year, I think it's worth it. I just, I, I get overwhelmed.

1:11:31And then by the time I can start getting to variable expenses, I freak out and then I'm done. So I get the furthest that I can with the debt that I have. And I write down the minimum monthly payments and I make do. I move money around if I need to. You don't, you missed.

1:11:53Okay. What is this? What am I looking at? It doesn't have a title. That's an IRS payment plan. We're on IRS land. We're on. Oh, this is a fucking affinity stone. That's because when I was with my ex, I was. It always goes back to the ex. Have you ever done anything wrong? I have done. Yeah, I'm not denying that. I feel like I only hear what's been against me or it goes back to the next. No, I know that I've done my fair share of things that I shouldn't have. I get that. I take myself responsible. Right. Except for your spending, which you say is 100 % necessary. So this though, this IRS thing, she told me to go exempt.

1:12:29That way we had more money to be able to afford the rent and the car payments. I hate this lady. And the kids, taking care of the kids and taking them to school and everything like that. She's not a good person. What year is this from? That's from last... No. No, 23. But you left in 23. Right. You filed the exam in the year that you left? Okay. Yeah. Okay. Are you on a payment plan? I am. What's going on? What's your minimum monthly? $75 a month. What's the interest rate? I don't know. $75 is not going to get you there very quick at all. My gosh. I mean, it's probably... I think that's usually a Fed rate plus two or three.

1:13:08It's probably like 8%, 9%. Yeah. I don't know. I just know that I pay$75 a month. So it's probably going to take like 46 months to pay off, four-year process from here. I think I've been paying on it for a little bit. I just don't know how long. And then what did you do with the money that we were filing, exempt, and just using? It was going to the bills. It was the truck.

1:13:40It was paying for the hotels and stuff, maybe. I don't know. It could have been my idea. Maybe I got overwhelmed with all the debt, and I didn't want to tell anybody. I don't know. I don't know. I was doing payday loans at that time, too, trying to just get by. I'm not doing the payday loans anymore. Those are all done and squared away.

1:14:08This is brutal. This is brutal.

1:14:19Okay, Kia. $24 ,000 while you're in school. Can't afford school. You have a$24 ,000,$961, 14-cent loan out of Kia. When you can't pay for school with a$504 minimum. Okay, this is because, so I ended up, so when I left my ex, I took the truck that I had bought her, and I drove that out here, but my payments on that were like$800 and something dollars a month. So I ended up doing a voluntary surrender on that, and then my mom flew out here, and she helped me search for a car, and so I... I wanted a used car. I was okay with a used car. But she was worried about reliability. And so I thought that that made more sense.

1:15:16But she... So this car is in her name? It's your mom's name. Because I don't have the credit for that to be on mine. Even then? Oh, okay. So I make the payments on the car. Yeah, I'd hope so. But her name's on it. And then, so there is a car that's in my name out in California. What? So my mom's making the payments on that one. What the fuck? What is that car? It's a 2021 Kia K5. What is owed on that car? I think like 16. Okay.

1:15:59What's your minimum on that? It's like 385 or something like that. You can drive me halfway in the country and swap. Well, so what happened was when I had left, I had given this Kia K5 to one of my coworkers, and she took over the payments, and we did a contract and everything. Well, so she had— Was this new or used when you got this? What was that? Was this new or used when you got this? It was brand new. It was like five or seven miles on it. I bought it in 2021. My credit was a 740. And so— Okay. It was in mint condition when I left. I gave it to one of my coworkers to take over the payments on.

1:16:38We had a contract and she took over payments and then she started being really late on payments or missing them. And then I was getting letters in the mail about the registration being late because she was supposed to pay the registration and all that. She didn't have insurance. She never paid the registration. She stopped making the payment. So my mom ended up taking it back. And so she's actually having to put probably like a little over a grand into it to get it to where it's safe to drive. Dude, this is just such a mess. This is just such a mess. And I looked at actually selling that to get it off of my credit.

1:17:18But I won't even break even on the loan. and then this one, the one that you're looking at, the 2024, I'm in the whole probably$10 ,000 on that one. The truck, though, I was in the whole like$15 ,000,$20 ,000, but they were actually able to, so when they repoed it, they were actually able to sell it for a lot more than I would have been able to like privately at a dealership or anything like that. So there's about$13 ,000 in collections for the truck. No, it's not. No, it is this. This one? This one confirmed? Oh. The other one? Yeah. The other one is worth$6 ,900. Okay. I need to get the value for this car, please.

1:18:10Okay, so that one's... Yeah, you can't sell, borrow, make the difference for that one. This one we're getting the value on, but what is the interest on this? I don't know You don't know? No Neither do I because it doesn't say What about the other car? Uh the Kia back in California That one it was like a 2.9 % interest Why don't you guys swap? Made in El Paso

1:18:40I don't know I think that my You've never talked about it? No Why'd you get this car specifically? A car you couldn't even come close to affording whether or not it's in your name. We were in a rush and with... Rush? You can't rush what destroys your life. Oh, this is worth$15 ,000. I had test drove it and it was a good car. It was reliable. It was good on gas. Yeah, and now you can't afford to pay for life. I don't care what the mileage, if you can't afford to pay the life. Wait, pay for life, dude.

1:19:30Okay, okay, okay, okay, okay, okay, okay, okay. Is this the other car? No, I think that's still part of the same one. An additional$12 ,000? Oh, no, that's the truck. If it's the$12 ,000. That's repoed? Yeah. I did a voluntary. So this is what you still owe? Yeah. I did a voluntary. Oh, fuck me. I know. I know. Oh, my. So what's up with this? Are you on a payment plan? No. Are you going to? Is it in collections? What is it? Is this in collections? It's with a collections company, but it's not showing on my report that it's in collections. Really? Yeah. Is it showing on your credit at all? As non-collections?

1:20:15I think it's showing. Yeah. it's still showing it shows on my account as like a voluntary surrender but it doesn't show as a collection but um i my plan is to just leave it alone for as long as i can yeah but if it does pop up in collections you said i don't want to over my financial future in seven years it'll be on your collections well for right now that one's just really not a priority to me i understand how might not be the, what's the priority? The cards with the high interest. Which is why you're still spending on them and keeping them at the credit limit and above the credit limit?

1:20:56Interesting. Yeah, I'm trying to get better at not using them. I don't carry them with me. Oh, you're not. I don't carry them with me anymore. And when I have them. Are they attached to a digital wallet? They're just on the autopay things with other accounts. What about Apple Pay? Tap, tap. No. Click, click. I don't have any of that. When did you stop carrying? Rinse takes your laundry and hand delivers it to your door. Expertly cleaned and folded. So 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.

1:21:31Or even this tea time you. So did you hear about Dave? Or even tea time, tea time, tea time you. Mmm. So update on Dave. It's up to you. We'll take the laundry. Rinse. It's time to be great. A couple of months ago? No, there was purchases on there. Then it was all through, like, the system. Then, yes, if you have them attached in apps like Amazon, you can't be doing that. Buddy, it still counts. It's not like it doesn't count because it's not in your freaking wallet. Jeez. Oh, we already do have student loans. Yeah. Oh, my gosh. Okay. Me? Wait, this just keeps going. This is relentless.

1:22:16Okay. Yeah, stood alone,$17 ,916. Obviously, you don't have to pay them because you're in school. Yeah. But are they subsidized or unsubsidized? Mixed. So some are still accruing interest.

1:22:34You're already on IDR. income contingent repayment. Yeah. We'll see how that goes. I don't have to worry about that for like a year, year and a half. I think my total payment for all of the loans combined monthly was like 200 bucks or something. Listen, I know it's not what you're going for, but if you ever want a boost to your resume, happy to gift you a course career certification of your choice. A lot of people in our audience have done it and it's helped them make a lot of money. So just let us know. We'll gift it. kickoff this isn't crazy this is$33 so this I got to help me build up my credit again so this is what's your credit at $560 $570 yeah no kickoff is good kickoff can help we've used them a few times like I get it but not with what you're doing without fixing your other behavior and you're not doing it.

1:23:34You're still purchasing on the apps and everything, even if you're not... Okay. Go on. Well, so there's a secured card, and that actually might be what I use to pay for my vapes. But then there's like the budget... There's a builder loan, and then there's another one. What's Snacks on Snacks? It's a vending machine at work. You just go into the vending machine every second of your life, dude. You're just a vending machine in your life. It's cheaper than driving around the corner to go pick up food. It's not cheaper than fucking, well, that's your lunch once a day. $1.50? At work, yeah. And then I'll go home and I either have picked something up on the way or I'll make something out.

1:24:28Well, honestly, probably because you don't eat like an actual substantial lunch. or substantial enough, you have that craving to pick up something on the way home. Yeah. But if you don't, and you actually eat at home, if you're only spending$1.50, I'd be okay with that. That's it. That's the debt. That's the debt? Yes. Nothing else. There shouldn't be. Other than that, that's actually in your name, but your mom's paying for it, which is risk. Okay,$75 in our checking account. That's insane. DoorDash. Guys we're changing our behavior DoorDash I don't know where that DoorDash charge came from I didn't make a DoorDash charge Girlfriend Yeah I don't know We learned she can click buttons Maybe she clicked a button all the way through DoorDash into your door Apple Vapes Whataburger Barbershop Thanks to mommy Zell it out Vape Vape Zell-Out, vape DoorDash, Target DoorDash Starbucks Vape We're going in and getting some bullshit I'm just going to call it vape honestly Vape Apple Card Vending Machine, Vending Machine, McDonald's

1:25:48Vape Shake Shack High Life Vape Apple bill, taco bell, apple bill, I hop Taco bell Apple bill, raisin canes Vape, probably Applebee's I mean, it's just so much stupid spending

1:26:17One sentence No, no, no $32 ,000 or savings down from$1 ,500? What happened? So the$1 ,500 was for rent. So I moved it to the savings. Because you have no ability to control yourself if it's in your checking account to just blow it all in vapes? That way I knew that I at least had rent for the next month. And then$2 in this other. What a joke. What a joke.

1:26:49listen i'll make you a budget but with your spending the fact is again just the miscellaneous for hundreds you're going out to use 407 towards debt was net 100 100 the question is if actually making a budget just like when you're trying to make a budget and it didn't work oh it didn't work why didn't it work so you weren't making any changes are you actually willing to when leaving work not pick up food sometimes are you actually willing to not go out to eat sometimes to get out of debt i i really just don't think that that's something that i can cut back on are you kidding me that makes no sense why when i'm tired getting off of work why am i gonna there's no point i don't want to starve myself there is no at least i'm eating then there is no conversation left to have and i'm done i'm done with the conversation then because there's no conversation to be had if you're not willing to cut back on a single thing there's other ways you don't want to be him use the budgeting app we're gonna go into the post show i don't want to hear your voice i'm done i'm sorry i'm not gonna waste the next 15 minutes of my life if you're not willing to do just a simple little cutback i'm done join us in the post show sake she was a addict what we didn't even know this.

1:28:04We have a picture. Your girlfriend-ish is much cuter. Can we ask if she wants to come on camera? Yeah. Hi, girlfriend-ish. Hi. This is behind the paywall, just for your knowledge. Certain things I'm doing that he's not comfortable with. Are you willing to tell us? I'm freshly getting into, like, f***ing, having fun and stuff. You f***ing. That's selfish. And that's a f***ing move. That's... To watch the Financial audit post show click the join button below