Financial Audit’s Most Vile Guest | Financial Audit

27:52But now we know this$11 ,000 debt is going to go to$20 ,000 to$30 ,000 to$40 ,000 because you are not willing to go to jail. And in order to borrow for those things, like on the little thing we just did, you're going to take out payday loans. Okay. I want to know where you assess your finances. Zero to ten. Zero being the absolute worst. Ten being the absolute best. Where do you think you are today? Like a two. Okay. Okay, honestly, maybe. I don't know. This is going to be such a discovery thing. I'm basically a lawyer going through discovery right now with apparently the unknowns of you. If you guys want your Hammer Financial Score, it's free.

28:34Link in the description below. See where you are in this world. And if you want to come on the show, you can come down here, hang out with us in Austin, Texas. I'll beat you up a bit. It'll be a fun time, but you'll spend the day. Lindsay, Jake, myself. It's a good time. You're having a good time. I'm having a great time. I know you're from Austin, but thanks for coming in. Thanks for going through all the onboarding videos and all that stuff. We make your guys' lives easy. So go to CalebHammer.com slash apply. We'd be happy to have you on the show. It's a good time. Especially if you're apparently going to go to prison because that's crazy.

29:05Fingers crossed. But you don't. Yeah, right. All right. Here's something. This is under a business, so this must be for your bike. company your bike which one is this uh i just have a loan agreement page i i don't have the name of the loan there's no like title i you tell me one that's for my truck i i don't know uh tell me what has oh my fuck wait a second okay what loan matures in 2026 in the summer year and a half from now my truck what's your truck um like the the total that i'm paying now what's your truck what kind of truck you got a 2016 ram 1500 and a haul around all those it's not even syringes it's currently broken down like beyond repair we have a 13 interest rate on a car that is sitting down why would you scrapped it and just thrown the money towards it and try to pay it off as much as possible what broken down what broke it down nothing that insurance would cover what broke it I didn't have insurance.

30:14You don't do anything right. You don't do society. You don't do society. I don't. How is that? Obviously, that's not working. So maybe you should join us. I'm hoping to get some introduction to it. Well, that's hopefully this intent. But this is crazy. No insurance. How long did you not have insurance? When did this break? What happened? I stopped paying insurance at the beginning of October. And then I had the. A couple months ago. Right. And then my transmission went out of my truck. Okay. Well, I mean. And the cost of repair is worth more than the truck is because it's beat to. Oh, what's the cost of repair?

30:52Probably like$6 ,000. Oh, but you. Oh, 5 ,000. Right. Oh, specifically 4 ,899. 889, 4 ,889. And it's a what? It's a Ford. It's a Ram 1500. Ram 1500. so we can go make some tattoos. With a minimum repayment of... 600 bucks. 600 bucks. No. Five. 90 what? You don't know anything. It's 271. No. That's not what I pay a month. If it's saying 271, that's my motorcycle payment then, which would be crazy because I don't owe... I owe way more money on that than$4 ,000. I pay$600 a month to Capital One for my vehicle. This isn't Capital One. The next one's Capital One. Oh, then this is a motorcycle payment.

31:46The 271. What's your motorcycle? It's a 2006 Harley. Also not running. And like I said, this was under a business name, i.e. probably your motorcycle business. Okay. Okay, you owe$4 ,889 on your motorcycle at 13 % interest, rounded. I feel like that's not right. That's right here, unless you have another third vehicle that I don't know about? No, no, I just have the, uh, I I'm really behind on my Harley payment. So I haven't been able to like even log into the portal to see like where my loan is standing. That's not how that works unless it's been sent to collections. So it wouldn't, I don't think it would have been, well, this isn't the Harley, is it?

32:27It can't be. No, no, no, no, no, no. Is your bike the Harley? Yeah. You don't have any other bike. No. I mean, I do, but they're not like in, they're not, uh, they're not financed. It's stuff that I just own outright.

32:40Oh, that might be the personal loan through Square. Guys, do you know anything? Do you know anything? What are you talking about? It could be the personal loan. I don't know what this is. I think it's the Square loan. So you borrowed through your payment service provider for some reason, which is crazy. They offered it. Of course they did. apparently if I want this business to make a ton of money I just offer a predatory loan through our website okay so this is the personal loan good thing I didn't ride a bike yet so $4 ,884 personal loan and you're actually making payments on this or I mean it just started a percentage gets pulled every time I run a transaction on Square oh for sake oh Yo, good for f***.

33:36Trying to get us to$271.61 a month. I think it's 13 % that's pulled out of each transaction. Until you hit that$271.61 probably. It's on every transaction. It doesn't stop once I make the payment. They wouldn't want you to make more progress though. They wouldn't want you to make more progress because they want to get a bigger interest longer. Really? Are you sure? Yeah, every transaction, 13 % gets pulled. Then what happens if you don't hit that$271? because maybe you just don't hit that 271. I haven't not hit the 271 yet, so I'm not sure what happens if I don't. Do you hit it towards the end?

34:08Well, I guess you've only done it for a month. It goes by pretty quick. But you've only had to do it for a month. Well, that's my third square loan payment. Or that's my third square loan that I've gone through. How often do you go through square loans? As soon as I pay off one, I get another one.

34:25So you're stuck in a cycle of square loans, of square, of just loan square. you're stuck in perpetually so this is number three yeah how long do they usually last two to three months i can pay them off oh my yeah payday loans they're they're so in your future i mean i'm just trying to like just just take this in a little bit because so much was vague here it was a little of like okay this this might be interesting this might not we just don't know you're gonna have to kind of find out for yourself and oh my we're finding out um and it's 18 month loan uh it doesn't show your last payment or else i wouldn't know i would know how much essentially goes towards it on a monthly basis i can show you on my square app well this isn't lining up are you sure we had the right thing because now it's saying the minimum payment is 600 something that was it that was okay that's a credit card debt that's a different debt that's a different that is not in this stack of documents.

35:37I'm going to have to call the girlfriend in in the post show. She's out in the lobby. I'm going to have to, unfortunately, inform her that I have given you a medical diagnosis. We'll talk to her in the post show, guys. If you want to join the membership and help support this channel, thousands of hours of extra content there. I recommend the elite one for the best value for the dollar. That's where all the extra good stuff is. Here we go.

36:00Okay, so the balance is basically the same.

36:07activity activity activity autopay autopay autopay

36:13okay well it's not really showing oh

36:21yeah so that's how it works

36:29so that's how this works it might be accruing interest it might be accruing interest there's like a loan fee i need to get a girlfriend you see how fast i can tap this calculator that didn't make you guys want to apply to be my girlfriend i don't know what does actually wasn't even that impressive was it was it lindsey um i'm single forever okay so this is how they do it this is the interesting thing there might be okay so yeah you make them a monthly payment and they they're okay with you paying more than you usually do because of this little roundup thing it's not the little f***ing you know you're probably getting interest accrued if there's balance left or you're probably getting that little interest accrued you know just a little touch of interest that probably happens but that's not what's f***ing you that's not what's f***ing you that's not what's doing it it's when you borrow this you borrow the full 4 ,200 that you could borrow guess what they immediately added a$700 fee fee baked in out of the gate bringing it to like 5 ,100 meaning even though you've paid 13 % of it you're still above the balance that you took out that you f***ing took out You are paying an extra almost 17%, a little 17 % fee just to get access, access to their money.

38:01I 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, Moo Moo, where they give you up to 15 free stocks and 8.1 % interest on your uninvested cash when you sign up with my link. Do you want a more traditional savings account? Check out where I keep my emergency fund, SoFi, where they'll give you 4.5 % on your money and up to$300. Would you rather have automated investing? Sign up for Acorns with my link and you'll get$20 right now instead of the usual$5 you'd get from your friend's referral.

38:36You can also sign up for our investing program and get$100 in cash deposited into your Moomoo account. This is the best way to learn what your investing profile looks like and what investing strategies to use based on that. All of this free money is linked in the resources section of the description below So don't pass up the free money cuz I'll punch you. Oh, they are making a killing. They are making a killing You are paid for whatever skyscraper they have built somewhere. You are giving square so much money This is fucking crazy. You can't do it again But then you have to because you you run out and then you borrow the money and then you're in the cycle You're in the square.

39:14You're in the square. You are in the square. Right. This is an insane debt. This is wild. It has that fee added to it. And that plus the interest. No, that's the repayment rate. That's the repayment rate is 12.5%. So they add the fee on the little thing out of the gate. That's what they do. They add the fee on the gate. Out the gate. That's crazy. that is crazy i'm assuming that's it looks like a non-interest loan because of the fee but you're still paying whatever it's because it's baked in if i think at a high interest credit card and i put a five thousand dollars down there but i put four thousand five hundred dollars towards it that means it's only gonna accrue on the fifty dollars five hundred dollars but that's not what this matters you can take up four thousand dollars on this and you you pay back three thousand five hundred now you still have the stupid same amount fee that's a 17 percent fee that was added they just made a 17 return on their money and they've done it three times with you this is wild man this is crazy how how how'd you even fall into that how'd you even find this debt because you use them as the payment service provider yeah so it looks like i make a ton of money when i'm running payments through square so they like open me up to this large amount of money and every time i paid off the like amount increases so the loan started off small meaning the fee increases and 17 to it increases they want to get it as high as they can so that that 17 goes further dude you don't understand you don't understand how bad that is man and then the the credit card debt that i showed you earlier that i had forgot about you forgot about i haven't paid it it was since back of the mind since over a year it's been turned over to collections credit card you're not a debt person you don't know how to use utilize credit cards i've never paid one off the resources we'll set you up with we can get you access to the fizz card which is a debit card that builds credit we'll do that we do that for the community we do that for our guests too you probably need therapy you certainly look like it we'll give you three free therapy sessions to sounder mind it's a service that i use and that the community uses as well i don't even know if i want you to sit across the table from a domain money people i don't want them to have to deal with that they're good though the fact that you're taking that out take our debt class understand debt man fully understand how to utilize it correctly and how to pay it off go through our budgeting class and then eventually go through our investing class take all the quizzes go through the information tens over 10 000 people have taken them and they've literally changed their lives for the better.

41:57Take them, build the budget, learn how to pay off debt for f***s sake, man. It's the best thing you can do. Surround yourself with the best things you can possibly get and you get them for free. You guys can bundle them for 15 % off. Highly recommend it, but you get it for free, so you better f***ing do it, man. Okay, so Capra won. So you're saying this was the truck. That is my truck. Correct. I see why you're a little confused. It is a pretty similar balance. $4 ,656.28 on this one. Oh! Oh, f***ing late fees,$119. Oh, you owe$1 ,316.50 on this loan that is only$4 ,635 because you're just endlessly passed f***ing due.

42:41What was the, oh, so minute, oh, f***ing dude, why? So it's because, it's because of the f***ing thing we talked about earlier. It's the you're not going to you're not you don't want to go to jail So you pay the lawyer in order to pay the lawyer You have to defer the other payments and take out loans in order to pay the lawyer So you don't go to jail But in order to do that you have to not pay on things like this because the payments come due and you can't afford it And we already have a multi-hundred dollar payment due on a monthly basis with both of these together You don't make that kind of money both these loans together already take up half your income on a little month And then you incorporate the lawyer into it.

43:17It's not even close. You're done. You're capped. You're ruined. You're f***ed so that's why you're behind that makes sense it makes sense when you borrow the square why isn't it going to just pay it off this where's the square going what are you doing with the square debt where does that go you use the money where does it go the the last one that i took out um i was behind my truck payment like three months and they put my truck in repo so most of it went towards that oh but you're headed towards there again so it's just you get to repo and then we borrow so that we can pay on it then we get to repo then we take on a new debt so we can pay on it do I need to draw that out I can draw that one out too a lot of people on the show they get locked into cycles it's a very common thing in the United States of America and every culture actually even communist China has dead up the dick i mean communist it's just so that's normal but you keep locking you you get in multiple cycles you're in a cycle of a cycle of a cycle you're in like these cycles that are interconnecting all these things man this is crazy it's hard to manage to deal with i could imagine it like yeah yeah that's what are you doing to deal with it what are you what have you done to deal with it though?

44:41Other than take loans out, nothing. That's not dealing with it. That's the for in the process. Why haven't you... How many hours a week are you working tattooing? Tattooing? Probably 36 hours a week. Okay, then fuck off. Go work 60 hours somewhere instead. You need to make more money. I don't have another skill set. I don't have a high school diploma. We'll gift you a certification through course careers. Use that. It could be a good way to get into a job market. we recommend that for our audience as well it's another resource we can provide you didn't graduate high school you said? I didn't GED?

45:17why not? why haven't you tried to do the GED? I've been tattooing for 11 years so I started tattooing when I was 17 I've had no reason to go and get a GED did this all start with the legal? were you fine before the legal? I was okay I was doing better what does your better look like? because this is like bottom of the barrel like okay to you could still be complete I was up to date on payments and I would still be able to pay my insurance on my truck. So you were able to do minimum monthly payments, but you still had debt. Right. And were you still opening debts? Yes. So that wasn't good anyway.

45:51So obviously this isn't working. You've gotten yourself in a situation where your behavior is out of control that got you into debt. And then when something popped up like the legal thing, all of a sudden now you just can't control it. And not only do we have to correct behavior, you're going to have to bring in more money. And I don't know how this motorcycle thing works. You say$300 a week? how does that work? what does that look like? it's pretty much just like a cash payment that my boss gives me what do you do? you work in there at a shop? yes it's me and one other guy that work how many hours a week are you working there a week?

46:20when I did it yesterday like 30 maybe 28 somewhere around there close to 30. so you're making like 10 bucks an hour? 15. that math's not mathing

46:40I don't really think that my payment I know it's$300 guaranteed a week I'm spending more time there than than what I'm actually getting paid for don't don't work somewhere where you're not getting paid for your time when you can't pay your bills and you're behind on things and we're taking out payday loans here starting soon actually basically already are i think that's a pretty basic uh rule right right you're not getting paid and you can't pay your bills don't work there drop some fries work a summer moon lactate moon milk what i feel like the motorcycle thing currently is like an apprenticeship opportunity though like i'm getting how long have you been apprenticing i've been with him a little over a year okay Okay.

47:30Okay. And what's the what's his little what's his little that he dangles in order to keep you there? I mean, I guess it's just the lifestyle and like being, he's a very like popular dude. Okay, that doesn't count anymore when we can't pay our bills. You get to have that luxury. You get to have that luxury of sacrificing paying time for things you want to do when you can pay your f***ing bills. You're gonna go to collections. you're gonna give a creepo you're gonna go to jail then you're gonna get the irs to come down and peg you yeah i think we're not choosing the convenience of what we enjoy doing i enjoy the percentage the the again like the the certification thing you could do a construction project management certification you can kind of you can and then you can get into that world and you do not need a diploma for that world to work in construction for some jobs of course you do every job, you know, every level.

48:28There are certain things, but you can get into the field without a college degree, okay? I guess it was just my freedom that I was scared of losing. Well, you're about to because you're going to go to jail. Are you stupid? Do I have to report to this as a girlfriend too to add to the situation of your mental capacity? Like, you're going to lose your literal freedom in, like, the most way you can other than death.

48:54so i don't think we're choosing the freedom of our job in that situation i yeah i'm just scared of the transition i've never done anything but tattooing and work for myself and like transition you're gonna transition to someone's bottom in jail i'm a pretty big guy oh yeah but you're twinkie and they like i'm not twinkie you're twinkie dude you're smooth and skinny you're Twinkie I'm like 190 pounds you're big Twinkie I'm big Twinkie okay we'll settle I'm not Twinkie so 598 dollars a month but you're behind by two right now two is that still the case or is it three now it's two okay repo starts oh fuck I'm like five right and we're headed there your spending is confusing so it's like where did your money go That guy.

49:50Maybe you need to go to jail. You spent$1 ,600 just going out to eat. I don't go grocery shopping. It's gas stations and restaurants only. And Uber Eats.

50:05That's your entire income on a slow month.

50:11We're taking out paid loans. We have a chance to go into jail. and we're spending$1 ,600 a month on... I could get you a$300 grocery... Budget. Budget. I could get you a$300... Oh my gosh. Oh my goodness. $1 ,600 a month. You cannot afford that. You cannot afford that. I don't have time to cook. Yes, you fucking do. Because you're going to work jobs where you're actually getting paid when you work. You're going to work 60, 70 hours a week. Not going to let you work more than 80. You're going to push it to the max and you're going to meal prep two times a week. Find time for that because I'm talking a couple hours a week.

50:50I know you have a couple hours a week even if you're working 80 hours a week. What do I do about my two current situations? Huh? What do I do about my two current jobs?

51:02Well, I'm quitting absolutely the motorcycle one. I'm just trying to picture the value of or at least temporary leave. You're just like, hey, dude, I got some bills to take care of and I'm just not getting paid here. Honestly, it might be a good way where he's like, okay. I actually like you being here, so let me give you more. That might happen. You don't do it to try to get more, but that might happen. You have every intention to leave. But you're going to have to go make more money. You're going to have to actually make money for your time. The minimum starting wage for a low-pay job in Austin is$18 an hour.

51:31So you're dramatically behind that by almost half.

51:38You can drop some McFries for, I think,$16 an hour in Austin. McFries, dropping them into oil. Then my fat ass is coming through the drive-thru. Yeah, dude, but I gotta work with a bunch of idiots if I go to that place. Well, you'll be right at home. You don't think everyone at a restaurant that they're hiding away from the general public looks like you? Come on. You look like a cook. No technical skills needed.

52:08So you said there's some motorcycle debt? I wasn't able to get the loan agreement because I'm so far behind. How far again? Four months. So that repo's coming. I've already gotten an issue of repo, but they can't find it because it's pulled apart in pieces in my garage. Good luck.

52:28What's your credit score? Ford something. I think maybe a 5. Like a 503 or like a 520. It's about to go back down once this goes into collections. I got a notice this morning that my credit card, that my credit score went down again. I just didn't check it. Do you care about life? What are you trying to do in life? You remind me of the people where I'm like, that person next to me in first hour health class that smells like cigarettes is going to be a failure. Luckily, you don't smell like cigarettes. You might not be allowed in if you did. Do you care about life? You're here. Okay. and you you do you don't you genuinely seem like i mean you're being open and relatively honest when you're able to be um about your situation so i was doing great like four months ago five months ago no you were not you were taking out debt and you had debt you were just making your payments let's not use the word great let's not say things we don't mean i was doing better um and i went through a catastrophic breakup that like sent me down in the guest room what is that That's my girlfriend.

53:37Okay.

53:42But this was like a three-year relationship where she was like involved with my daughter's life. And like. You have a daughter. I do. There's a daughter. You're doing this. You're going to go to jail. Do you have a fucking daughter? I do. She's going to grow up and look like you. How old's your daughter? She's six. Is there only one of these? Mm-hmm. Obviously, that's not the reason you dropped out. She's not young enough for that. Old enough for that. Sorry. Continue. you um so yeah after after we broke up i was i'm not able to be on like a like an apartment lease because of like prior charges um so i was we we got a duplex together and i was living with her but i wasn't able to bring her i wasn't able to be on the lease um so when we broke up i was like kicked out of the house because like there was no legal reasoning for me to be there and your prior charges uh it was a possession i got caught with like bulls in texas and they charge you with a felony for it.

54:32Probably not as much anymore since there's shops everywhere. No, still. They probably just don't catch you. If you're outside of Travis County, it's a much bigger ordeal, which is what happened. I got caught. There's shops everywhere, even though it's not legal yet. Okay, go on, go on. So yeah, when we broke up and things shifted, my whole life got turned upside down and I just went into a spiral. Just a couple months ago? Yeah. We broke up. And you have a girlfriend already? A new pair of flaps? we broke up in september i met my current girlfriend like a month ago why'd you drop out of high school i got in trouble as a juvenile as well oh who would have thought what'd you do i uh i broke into my high school and i destroyed everything inside of it everything everything is this on the news uh it was a really small town in west texas um like really tiny school like the elementary destroy everything that place was terrible dude like it's very old school i was corporal punished.

55:29I got swats and shit from my principal. It was bad. Not cool. I held a grudge for that shit. When I got old enough, I took... How old were you? How old am I now? How old were you? When I did it, I was 16. You got expelled. Yeah. Then they wanted me to go to an alternative school. Yeah, to the fuck up school. I wasn't going to go, so I just dropped out.

55:55well he definitely sometimes fails the society for people like you and just kind of leave you hanging but but you also made the choice to go in there i did and you made the choice to drop out i wish you just had someone in your corner what was the family situation your parents they're there. Okay. They didn't do a, oh, you're under my roof. No, I moved out of the house as soon as I was 16. They can't control that.

56:31And they found out it was you through like cameras? No, I was in a high speed pursuit that ended up in me wrecking my vehicle. So it was called the cops because of an alarm system. No, there was no alarms or cameras at the school. We ended up doing B &Es on vehicles. What the f*** is a B &E? You were smashing cars? We? Who's we? You did this with others. Me and my accomplice. Was he expelled as well? Yeah. Or is he a f***er? No, not anymore. He's actually in a really good spot in life. What's he doing? He's working at a rehab facility. He lives in North Austin. You want to consider maybe not being the second half that failed?

57:15Yeah. Ideally. But this shit keeps happening, dude. Well, yeah. Now you're in a cycle, man. You're in a cycle where it's just like... Almost might make just sense to fucking bankruptcy this. Not because the debt's substantial, but just to wipe the slate clean. My parents have filed for bankruptcy twice. Yeah, and so you're continuing that cycle, too. That's the... If we did boring titles, it'd be continuing the cycle of poverty. But instead it's going to be something Goonie like who f***ed that too. Piece of s***. So that's going to probably go to collections. Repo man's been looking around hasn't found anything and it's in literal pieces?

58:01Yeah, he can't go get it. $9 ,889. And why'd you take it into pieces? Uh, so it wouldn't be found. Oh, so you did this intentionally. Yeah. Can you reassemble? I can. Okay. So when they're off your back, you're going to be like, all right, motorcycle's new again. Yeah, pretty much. That's crazy. What is the minimum payment to get it to get back on track? I think$1 ,400. If you've seen this show, you already know what bad financial decisions look like. Death, debt, overspending, and constant tequila runs. But here's the deal. ignoring your mental health that's just as dangerous it piles up like unpaid credit card interest and trust me it'll cost you down the line that's why you need to tackle it early just like your finances and today's sponsor sondermind makes it simple sondermind is your all-in-one mental health partner they connect you with licensed therapists or psychiatrists tailored to your needs and you want more control you can browse their directory and choose your own provider.

59:04Plus, their app is packed with self-care tools to help you stay on track between sessions. And the best part, Sondermind works with most major insurance companies, so you're not stuck paying out-of-pocket draining your budget. With coverage in 48 states and Washington, D.C., they're practically everywhere. Mental health isn't a luxury. It's a necessity, just like having an emergency fund. So don't wait until it's too late. Check out Sondermind at pages.sondermind.com slash Caleb or at the link in the description below to get started today and make your 2025 your year of mental wellness. Reminder, better mental health can lead to better decisions and better decisions definitely lead to better finances.

59:45So head to the link below and check out Sondermine today. Not minimum monthly. That can't be. That has to be your back payment. Uh, two, two 81. Come on over two 80. Capital One Auto. We did look at that. Okay, so yeah, that credit card. You said that went to collections? Yeah. Well, why was I able to see it in your credit, though? Oh, that was a different. That wasn't a Capital One debt. There's another one through FNBO. Pull it up! Oh! Yeah, Becca! When I woke up, I was not expecting this, man. You know, we literally sat in the room before this and we said, there's not that many documents. The conversation might be kind of short.

1:00:37We haven't gotten to your spending yet and it's over an hour. And that's not something to be proud of necessarily. Balance.

1:00:49What is this called? What is this credit card called? FNBO. I got it through Northern Tool, the tool company. is it a tool debt yes in the infinity stones are being collected man you're doing them all you're doing a fucking irs no insurance jail you added jail that's a new one you collected a new stone no one's ever done i also like high school dropout that's a new one too okay so oh oh oh we're over the credit limit by

1:01:28$450$450 man dude I'm gonna connect you if you're because you actually seem like a pleasant person I just feel like but why do you keep committing crimes though because that isn't like listen I I was a piece of I've done lots of piece of things I did so many dumb things when I was young just like you did a different different kind of scale and whatever but even still we all make dumb mistakes but guess what i've corrected i've matured i've learned i've grown if i was still doing that a month ago like you getting arrested so like if i do connect you with these resources like i morally want to i internally and emotionally want to because you seem pleasant in front of me what is to suggest five years ago you're not doing what you've been doing for the last decade and two years um well i was like i have a kid and that pisses me off that you're doing this with a kid it's not funny anymore when a kid's impacted i uh i struggle with like alcoholism and then i was sober for like three years and then drink literally the one time that i drank because the breakup have you drank since then no do you go to group i do okay good Good.

1:02:37Okay, the minimum payment is$667, probably because it's backed up. The last payment you made was$2779. I don't even know what the f*** that is.

1:02:51It's accruing$43. Why? Why did you take this out, man? $43 of interest and$40 of fees on a monthly basis? It was like two years ago. I haven't paid it. like in a while bankruptcy man might just be a fresh start for you I hate recommending it because one it's expensive you'd borrow to pay for it just like you did to your lawyer total fees this year so far almost 400 bucks and 450 dollars in interest guy guy guy guy I don't even know what to do man it's like but again the behavior that everyone is about to see at the end of this crazy through your spending where it's like bankruptcy is not going to be the fix of your situation you're going to end up right back here again you and your legals you and your spending it's like you do this constantly so okay well what about this capital one credit card it's also hasn't been paid in a very long time said that one's in collections i believe so well let's see he doesn't even know because on your credit it doesn't say that it is unless there's another capital one oh no oh yeah there's two things in collections 440 and 124 this is i honestly don't know why this is showing i know that i owe more money than this yeah that's what your credit should as well maybe maybe you don't just take the win man okay he owes 39 bucks just pay that now yeah that's it used to be higher i don't understand what happened and yeah those two collections that we talked about what is this what is this what is this what is this what is this

1:04:38an energy bill for 192 that you haven't paid either trying to get your energy shut off i didn't even know that i had an energy bill over that it has to be an old address because currently where i'm at it's not my name are you paying it that one you're current one. Oh, yes. It's split between me and roommates. How many roommates do you have with this cheap rent? It's me, my buddy, his wife, and their two kids. Is your kid with you? I'm sorry? Is your kid with you? I split custody with her mom. Her mom's here? No, she's in Louisiana. I do a lot of traveling.

1:05:14This is, I'll be honest, I think there's important things to be learned from this conversation. I really do. I don't think I'm equipped for the magnitude of this because so much of this just has to do with your life and addiction and endless behavior. I need you to do those therapy sessions immediately. And yeah, sit down with the domain advisor as well. You guys get a free session for the domain people. But I mean, that's how we do our partnerships, by the way, guys, whenever we do things like this, it's like, hey, they're interested in like setting you guys up with stuff but i'm like if we're gonna do a partnership the guests get a free one as well so we do that so that you get the opportunity to so take advantage of that free financial advising session get these people in your corner man because i think this one is beyond me i really do this is so hard and your behaviors like oh there's not even i'm a sweet guy i just put myself in situations you seem pleasant but you just make so many mistakes and you're uncontrolled and you're You're heading in this, I don't know, you're headed down this really dangerous path.

1:06:23Really dangerous path that you've started at 16. And it's not going to get better. It's not going to get better until something dramatically changes. And I think bankruptcy could be a potential solution, but I want you to sit down with the financial advisors first and need you to see a mental health specialist. And again, we'll provide that. Okay. Yeah. Stopped. and what are you getting from 7-Eleven and QT and all this stuff constantly? Kratom. Stuff even is that sounds like a Superman villain. It's like a nootropic. It's like a caffeine replacement. I don't even know what that is. So it's up?

1:06:59It's an upper? Yeah. Wait, is that one of those things that people take instead of Adderall? Possibly. It comes in like a... I take like these... They're called feel-free. They're like these little drinks that you can buy. But you buy it at the gas station? Yeah. So it's legal. Crotum? Kratom. Oh, Kratom? Yeah. You can OD on anything.

1:07:24K. K-R-A-T-O-N. Got to do a little learning for us innocent people out there. It's a herbal substance derived from the leaves of the something, something, something tree, Southeast Asia, Thailand. You know, all the, everything fun comes from Thailand. okay um so stimulant for increased energy alertness social ability high doses give you relaxation pain relief and euphoria do you do the high doses i do low doses i have like terrible social anxiety so like for me to be able to go to work and talk to people uh i feel like i'm sure you have a lot going on up there which is okay you just need to see someone okay so you're just getting Kratom every time?

1:08:12Pretty much every time I stop at the gas station on the way to work. And then like maybe once throughout the day. There's a smoke shop next to the tattoo shop. Yeah, what do you get at the smoke shop? Kratom? I like pre-rolls and Kratom and stuff like that. What's a pre-roll? It's like the little CBD joints that they sell there. They're like pre-rolled and like a... Okay, Kratom, Kratom, Venmo went out four bucks, pre-roll, I think Kratom, Kratom, Food, going out to eat, going out to eat, I think. Pre-roll Kratom, vitamin out$120, vitamin out$65. Restaurant and restaurant, Taste of India, Uber Eats.

1:08:52You can't f***ing Uber Eats, dude. Come on. Wait a minute. How are you getting back and forth between? Because you said the truck has gone and the Harvey's torn apart. What are you doing? I'm wearing a vehicle for my mom. Good f***ing. Currently, Hallie's been driving me. Kratom, pre-roll, pre-roll, pre-roll, Kratom, Jim Jim's, Lone Star Souvenir, Lone Star Souvenir, Lone Star Souvenir. That's the bodega across from us. I go there and buy my food during the daytime. Okay, okay. Kratom, Kratom, Apple Bill, Aaron's Rock, pre-roll, food, food, Lone Star, Lone Star, Venmo, Hilton Star. Come on, make some fucking coffee, dude.

1:09:42You're borrowing to pay a lawyer so they don't go to jail. I don't think we're getting Starbucks or Uber fucking eats. Cool beans. Probably Kratom. Probably Kratom. Food. Netflix. Uber eats. Kill me now. Kratom, Kratom, Kratom. Probably. I don't even know. Food. Poco Loco. Poco Loco. Poco Loco rips, dude. You ever been? No. What the fuck is the Poco Loco? It's like a Mexican grocery convenience store. Dude, it's so sick. But you just buy food. You don't get the groceries. I don't. You get the convenience. Pre-roll. Oh, my. F*** me. Oh, this is so many pages. Am I really doing all of this? Unfortunately, we know how this is ending.

1:10:29It's one of the rare times where it's not. It's not an I'm angry. I'm not going to do your s*** or anything like that. It's just like this is beyond us, man. This is beyond, not beyond our resources, but beyond this conversation. Pre-roll Uber Eats Poco Loco. I wasn't trying to do an accent, was I? It's okay. I'm Mexican. I approve. Was I? I did Poco Loco. No, what's that? What is that? Poco Loco. I don't think that's an accent. I think I'm not getting canceled right now.

1:11:03Okay, I got to pass anyway. It doesn't make it better. like what was i doing okay uber eats that's okay you know you cancel these days anyway we've we've separated from the pearl clutches of this world no one listens to them anymore uh 7-eleven uh so yeah okay create them create them cool beans that's the coffee shop in front of the motorcycle shop brew coffee okay pre-roll mcdonald's poco loco go work at poco loco pre-roll poco loco create them then went out ten dollars what do you eat you venmo have so much money what do you venmo now some of the venmo transactions are to the coffee shop some of them are to for like homies if they go get us food and i like owe them for the lunch or what okay split custody so your your your your daughter you take her to poco loco every second how does she eat at home what does she eat when she's at home you're not cooking for her so usually since she lives and like goes to school in louisiana like two or three weekends out of the month i will travel there and like get an airbnb if i don't like and how is food eaten i buy groceries for for my visitations and then when she's here during the summertime i go okay listen here's the thing man it's just purchase it's purchased here look at all that you see all that you see that guys you can see that well guess what here's another page of it it's all and it's all poco loco lone star souvenir poco loco playstation and smoking and kratom and vetmo in and oh and guess what guys we have another page what is this page this is crazy man he's literally borrowing payday loans in order to pay off other loans in order to pay his lawyer in order to not go to jail and it's this uber eats and sharks burger and white cloud smoke poco loco and then a thousand other stupid purchases there's no point this is why go there's four more pages and it's it's the same five places over and over again it is kratom it is poco loco it is getting pre-rolls, Ben Mooney now, and then some extra bulls**t, Uber Eats, Burger King, Apple Bill.

1:13:25Who the f**k knows? Who knows? This is all bulls**t. And guess what, guys? Will you be shocked? Will you be shocked? Will you be f**king shocked? Here's another page. Look, it's all bulls**t. Everything in orange is bulls**t. Bulls**t. Bulls**t. Bulls**t. Bulls**t. New ones. Zellkicks. Dude, I don't even know where some of them... There will be times where I'll wake up, I'll go to sleep with money in my account, and I'll wake up with it being overdrafted shut the fuck up shut the fuck up that's not even just just what do you mean you go out to eat five times a day you stop somewhere five times a day no statement is ever this long no statement is ever this long no statement is this long no statement is this long look at this is the smoking caterpillar a thousand times on here he had a bad time during this he really needed those roll-ups again just on this page alone one two three four uh five six seven seven of the smoke shops lone star souvenir went one two three four five six six times on there i'm not seeing any poco loco but i'm seeing marlestone retail one two no no no no no no no no no no poca loco made a comeback two times at the end at least i'm consistent consistently you're destroying your entire life and you're a father of a kid so it's not cute more bullshit

1:14:55okay the thing is i hate to do this but i know you came here for good reasons and everything and I really do appreciate it. Well, this is the thing. They are texting me, we need a budget, please. And I, sometimes when I don't do a budget it's because I don't want to do a budget because that person's pissing me off. But I am trying to think about your situation. The fact is, I can't put in your budget what's required because you don't have things like car insurance. You're skipping things. I can't accurately build you a budget because you don't even have the things to make up a budget because you're not making the payments and you're not existing in society.

1:15:34You don't have the things to make a budget. And that's, again, why I wanted to connect you with those resources because without having the basic things, you can't have a budget. It's as simple as that. You're budgetless right now. There is no point. Your budget would be fake. You would have a fake budget because it's not accurate. It's not true. It's not real. But here are the basic tenets I want you to follow, okay? This would essentially be what I'm telling you if we did make a budget. one just you know we're gonna cut back your food spending the 300 a month meal prep a couple times a week it is worth it it is worth it your rent's already in a good place your utilities are probably pretty chill with them utilize that situation and start getting ahead bring in some extra money by at least getting rid of that second job and going working a different second job man when that actually pays you at least above$15 an hour, which is not hard in Austin.

1:16:35We have to budget in this travel. You say you travel once a month this year? Once or twice a month. How expensive is that? An Airbnb for those two days is usually like$200 to$300. And then gas to get out there is like$100. Okay, so that essentially, yeah, without insurance, right? Right. You're driving without insurance. Usually, if I don't have insurance on my vehicle, which has been recently, I'll travel up there with like my parents, like my dad will go with me and they'll like drive just to make sure things are kosher. That's legal to do it as long as they've given you permission in the state of Texas.

1:17:10And you know for a fact she insures it. Okay. Yeah.

1:17:18Okay. So we have to budget that in. That essentially brings you to like no more rent if we include the rent that is in there.

1:17:32the last couple months i haven't had to pay are you sure her policy though because her policy could have exclusions where you might need to be on it listed on the policy it depends on the policy sometimes state state of texas it's okay because the insurance follows the car not you but i think i'm okay i don't think that they would allow me to drive their vehicle if they weren't like they've declared bank shop two times i'm not they're not the most responsible people. I was saying they're bad people. They're just not most responsible. Okay. So you have to factor that into your budget as well. And honestly, to escape the cycle, the bankruptcy might be the path out and talking to an attorney there that might be connected through your attorney might be something important.

1:18:11So that might get you out of the cycle, but then you have to change your behavior by following the strict budget. Go through the education, go through the class, take the quizzes. If you follow a budget post bankruptcy, not taking out debt, you're going to have to stay where you are a bit longer until your credit at least builds enough to where uh you know with even with the bankruptcy on there you can get accepted into a new place what does bankruptcy consist of what would what will that cause i don't even know how the process works definitely cost a few thousand dollars mostly the legal process itself uh and then you i'm a little curious about the without them being able to get hands on the bike you being able to get rid of that fully the attorney would definitely know for sure, but you don't have a debt that you can't get rid of through bankruptcy, but you would have to get rid of the items themselves, like the vehicles in your case for what I think you're trying to do.

1:19:09So sit down with those experts. I think that's the best path. And then follow a budget. We can, once you get your regular payments and everything in order, come back on the financial audit follow-up channel we can make you a budget for what i think works but just right now you just don't have the ability to make a real budget you really don't just have to get some of the basics under control first so okay you gave yourself a hammer financial score too i'm pretty sure it's zero but we'll find out guys make sure to join us in the post show we're going to bring his girlfriend in and we're going to talk to her about this entire situation we're going to confront her on that and well for what it's worth I didn't even get the budget page so I couldn't have built it anyway but and yeah the post will be good make sure to join the elite version for the best value of your dollar there's a call in show where you can talk to us and a lot of other things member streams all that good stuff hammer financial scrimmings zero out of ten it's as easy as that there's really nothing going for there's no savings there's no nothing everything's bad so we'll see you guys in the post show I hope you enjoyed this one That was a hard one.

1:20:13Apparently we didn't even go through it in the main show because going through all the purchases didn't catch it. I buy Yu-Gi-Oh and Magic the Gathering cards. Yu-Gi-Oh and Magic the Gathering. Are you f***ing boogie? 2998, buddy. Magic the f***ing Gathering. Magic the f***ing Gathering. $11 ,138. F***ing the kid. F*** paying the lawyer. F***ing not going to jail. I'm spending on Magic the f***ing Gathering. To watch the Financial Audit post show, click the join button below.