Frustrated Incel Buys Women Instead of Dating

0:00To watch episodes of Financial Audit a week earlier, check us out on YouTube. Hi, my name's Wyatt. I'm 23 years old. I'm based out of Kansas City, Missouri, and this is Financial Audit. What do you do for a living in Kansas City? So I do private security. Basically, people pay me to fight for them. Alright, you're just beating up? I just fight hobos. Oh, okay. Or I just watch people and just call the cops. Okay, that sounds more like the security I know. People are just like, oh, something's going on. let me call the real people i do both cops as well no i don't beat cops up what's wrong with you sorry i thought maybe you were also saying you're a cop no i am not a police officer in any way i have no intentions of becoming one all right okay uh i wouldn't have cared if you did but uh so how many hours a week do you work i work 40 sometimes 45 hours it really depends on how of the week set up because i work a weird shift are you hourly yes what's your hourly my hourly pay is 20 and 60 cents an hour how do you feel living off of kansas missouri missouri in this how do i live yeah or how do you feel living in kansas kansas city missouri on this it's fine i live comfortably but sometimes i like to what did i do something wrong no i'm listening oh okay yeah it's comfortable sometimes i might splurge too much yeah a lot i'm like who like chick-fil-a is you proud of that like no just being a cheeky little cheeky boy yeah i don't want to cook to be a little cheeky i don't want to cook okay well well that highly depends on your situation if you can afford not to cook like don't cook bro right yeah like are you entitled to not having to cook like what's your mindset on that well we can figure that out but like now sure uh due to my schedule since they took away 24 hours stores it's really hard to go to store buy food stand in line all that so it's just way easier just to go out buy food eat so 40 hours a week how many days a week five to six so i work so the seventh you can't go to the grocery store so i work over night i work over nights okay all right so when i go to bed they're closed when i wake up they're closed but you still have the next day off that you could like wake up a little earlier right i don't really want to do it sleep's important to me i'd rather sleep okay well why do you why do you have that are you like i mean that's honestly that comes across as a little like fake like how you're making a joke are you i just prefer to sleep and then get up i get that that's fantastic like awesome didn't you serve in the military if i'm not mistaken yes and i already did my time i'm done and you have no discipline left that's exited your body it's not required anymore isn't it required to get groceries if you can't get groceries because the stores are closed then it is required right no it's more of i don't have a boogeyman with a gun to the back of my head the boogeyman oh it's big army you do what they want you to do if you don't do it they're gonna really mess you up oh okay okay but this time it's the debt yeah so your situation give us a a rundown what's up what's up with your life so i make about i don't know like 70 80 000 a year continue i mean so far with what you just gave me it would equal more like 40 to 50 000 a year so i'm a little confused unless you have another job that you didn't tell us 20 an hour 40 to 50 hours a week yeah so i also have a medical settlement that'll be getting for the rest of my life oh okay through your military time in the military yeah gotcha and how much is that on a monthly basis that obviously that moves that is like uh three thousand seven hundred and fifty eight dollars and fifty nine cents just about just about maybe off a couple hundred or a few cents okay okay what happened i just got some injuries as well as some illnesses that developed from my service can i ask no i can't really give too much detail it would affect my uh life okay sure okay so with that obviously that then dramatically does improve your income so 20 let's save 45 hours a week to just me in the middle yeah it's about 86 400 a year so what came in this last month payroll was two thousand nine hundred twenty nine dollars and the va was three thousand eight hundred seventy dollars so total of six thousand seven hundred ninety nine dollars so okay when i ask how do you feel living in kansas city missouri on this income obviously more than half of it comes from the va yes okay so i mean that's that that makes up for it you're living above the median household income at your job you're about three dollars below the median uh hourly for people working in security but again more than half of your income three dollars below yeah median across the country median's at forty seven thousand eight hundred eighty five dollars a year forty two thousand eight hundred forty eight dollars a year if we uh do that i need to step up my game then because that's no that's no good i need to be making more money if that's the median yeah more is always good but i mean you're pretty close to the median so it's not good enough sure i like that mindset that's good oh what do you okay what's your plan around that you seem shocked by this information well i was under the impression that that was the highest paid maybe in that company or that branch or whatever yeah and uh that's the city could have a weirdly oversaturated security market which drives on the wage in that oh because crime is so high and keep going up so job security is perfect okay so it wouldn't be that then okay you just seem shocked so i'm how long have you been in this industry?

6:34So I've been about two years, first six months I did unarmed. Then after I saved up some cash, I think 4 ,000, 4 ,500, I bought some equipment, which is really mad because when I had an interview with the employer, they told me they weren't going to let me rent their equipment. But when I got into the interview process, everyone else got to rent it and I had to buy all my equipment out of pocket. and with this income you were actually really proud of this in your like application and pre-show talks you're like very proud of this income so i think you thought you were above the median like you were like almost bragging about it yes i did but where did that come from where that like hubris come from that hubris because i'm on my own little bubble right i don't have time to to google to google yeah five seconds okay it's like we don't have time to go to the grocery store Exactly.

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8:57Are you sometimes a little difficult? Like what do you mean? Just like, just from your facial features, the little bit of twitch you have and like the mouth and your like a little cheeky smile and things saying like, oh, I just, I don't want to go to the grocery store. are just a little difficult to sometimes like get something in to your conscious thoughts for you to like act on and change some part of it is i'm a little bit camera shy yes yes which we should all take into account we should all take into account that's true i know people are some people are all actors are you an actor sir no okay yeah i don't know you know it's a weird place they get in their own little streams of thought but um yeah no that's fair camera shy and if you want to come on the show and get a financial beat down if you needed that little extra help and even if you're camera shy calebhammer.com slash apply so your debt you're in a lot of debt okay we'll go through it i would like to hear from your own just perspective of knowing your finances give me a score zero to ten zero being the absolute worst that's out there ten being the absolute best that's out there of a financial scale of where you think you are today i think i'm around a seven but there may be some areas where i could definitely improve but seven you think you're above average you think you're on you think you're like moments away from being like the best of the best of the best of the best finances well i own a house and i'm 23 three is that everything and a car oh you have a car yeah oh like every american touche okay because you have to have a car to survive in this country essentially the house thing that is pretty awesome did you take advantage of like uh so i use the va home loan okay so basically much easier to get in the door that way yeah so basically whatever the requirements are for your military service on your contract.

11:01Sometimes it's three, sometimes it's four years. Basically, once you get out, you just need to have the income to show that the VA or the lender, it's like, hey, I can afford the mortgage payment. Yeah, but you don't have to put anything down. No. Which makes it much easier to get in the game. I mean, that's not discrediting at all, being a homeowner, because you are taking on a lot of risk and you are doing a lot of things. It still takes a lot of responsibility. But I think that probably did help, did it not? oh yeah okay you're shaking are you are you okay you're really nervous oh yes i'm nervous okay just want to make sure um i'd be nervous after giving me a seven out of ten because that's obviously if you want your score hammer financial score it's free link in the description below so how'd you get into so much debt in the first place before we start going into all this oh yeah so about halfway through my contract i kind of got addicted to so about addicted to oh it gives i've never heard addicted okay sorry go ahead so about 80 90 percent of my income was going to support these strong independent women or help them pay for 80 to 90 legitimately What is it?

12:19What is? How do you? I get my paycheck and I go to clubs and just. Like how much was your paycheck? About anywhere from$1 ,000 to$1 ,200 a month. A week. Every two weeks, I mean. And you just. Yeah. Get them in ones and let it fly? Oh, yeah. Were you paying to have sex with them? No. Okay. It's illegal. I catch a felony. Well, yeah, no. that's a lot of money to spend how do you spend that much at clubs so usually how it works is you got money for dances where you just fling ones on them or you could go pay for private dances which is about three minutes it varies three minutes? yeah it's usually the length of a song hide the kids for a moment what do you even get from that I've never been to a club I'm boring No It's a dance Are you a virgin?

13:25No I was going to ask someone who spends$2 ,000 a week on strippers If they're a virgin I don't have to pay for my Well I just think about it like this It's way easier just To pay some sh** to give me fake attention Than go try to spit game Okay I can just go through them one after another And I don't have to worry about hi my name's jessica yeah but you don't get anything emotional from that you also don't get anything like conclusive it's purely for the lust yeah like it's an endless edge um i guess so but but you went into debt for this that's why i'm a little confused yeah so i had a credit card and i think it was about five or eight thousand dollars i took out and it just spilled no

14:18that's wild it's an addicting thing uh for some people so it was and i guess it just wouldn't be surprising that this thing that's adjacent to all that could be considered addicting uh do you do this anymore i don't know i stopped about maybe three or four years ago was that hard it was a little it was difficult did you like wake up one day and you're like i don't want to be in a stinky sticky smoky area with fake that have no emotional connection to me now what uh made me quit was uh we were doing a mission and i lost my cat car during the transit it's your little military id okay so you need it for everything sure so basically since all my money was going towards when i lost that i had no money and no way to eat so i just starved for like two weeks and the starving was an awakening to no longer yeah it was a wake-up call to it's like hey maybe i shouldn't spend this much money on and maybe have some cash is this navy federal right here is that some of the is this leftover no i i paid all that debt off you did and then you went into more debt so what the happened then so what even is this so what is this because it's sitting near a limit and you do not make insignificant amount of money so navy federal $7 ,092.23.

15:52What are we doing? How'd you build this all the way up? $380 of purchases, even though there's$105. You f***ed 7 out of 10. You f***ed me with the 7 out of 10. Yeah. Yeah. Yeah. I better cope, laugh about that. $105 of interest accruing,$380 of purchases, but we only did the minimum monthly payment. and now we're only a couple hundred, a few hundred dollars away from the balance being at the max. For that one. Yes, for this one. No shit for what I'm talking about. So what the fuck is going on here? Why is this this high and why are you spending money on it? So I don't really know what I purchased on that.

16:30What are you trying to do? What are you here for? What do you want to do? Where do you want to get to? You don't even know what this does? Like where your money comes from on this? what do you spend like what are you trying what do we want to get out of this conversation so usually i take approach of just stockpiling cash i really don't want to pay back my desk stockpiling stockpiling you can't pay this off i know what your savings are like you can't pay this off stockpiling cash you brought in six thousand seven hundred ninety nine dollars last month you spent eight thousand five hundred sixty two stockpiling cash stockpiling cash you spent you blow it out it's like this never went away those ones are flying but instead of ones now they're hundreds now there's legitimate reasons for that decrease so i was getting my house appraised because i was going to get uh like thirty thousand dollars cash deposited and the credit cards paid off from the equity on my home no why okay so it was going to be like 5.23 % for I think$40 ,000 or$50 ,000.

17:40Would that solve your issue though because you already paid off the stripper debt. Now you're right back up at the credit limit and you can't stop spending$380. Your balance was from$6 ,774 to$7 ,093. How is taking out any kind of equity from your home and transferring the debt to there going to help here because you're just going to spend all your way back into it as you've already done again. so how does this actually help so it would get rid of the credit card debt yeah no and then I would also have a large pile of cash just in case cash? why do you just make a big old pile of cash why do you make$85 ,000 a year Bustwood the Boys is here to let you know that every college football Saturday, FanDuel is dropping profit boosts that can turn wins into bigger wins.

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18:50i'm impatient so we take out leverage take out leverage against a house that already has a mortgage yeah and then the credit cards go to zero and then right back up to seven thousand five hundred dollars probably because your behavior won't have changed by you doing that you just moved the pile but most of the money would have just sat in the savings account what enough because you just spent you again you spend more than you make and then on here buddy it's 126 from twitch oh and then another 249 from twitch the you're doing on twitch this better not be to the virtual versions of strip club they're just twerking and they have their live stream on their because they have green screen booty cheeks okay first off it's more wholesome than that second off i'm a sigma male i can just go to a strip club and get some booty that way so i don't need only fans or it's not getting booty it's looking a booty to be very clear well you get to touch it you do yeah as long as you don't put any fingers in any holes where you bite them you can touch those are the two bite whole finger yeah you can't lick them you can't bite them you can't put fingers in the holes good fuck stop being such a deviant what do you watch on twitch because so this only that so the twitch only was three separate dollars three separate incidents of four hundred dollars yep go ahead so what i would do there's uh what's his name pirate software whatever anyway what it's a streamer okay and i would just go onto youtube and just crashes UI with donations.

20:23Is that a good thing or a bad thing? It's only happened three times. Because he's getting money, but it's crashing. So I don't know. Is that a good thing or a bad thing? It's entertaining for me. No, is it good for him or bad for him? I don't know. Do you have no empathy? I think I got empathy. Your little cheeky little smile, it is beyond interesting. It's not the word I wanted to say. Sexy? absolutely not the word i wanted to say which is why you have to go to the street clothes so the first instance was you spent four hundred dollars to virtually have fun so in total of over the course of when fifteen hundred over when this month no this previous statement no it caps out at 500 per month per day then that didn't negate what i just said so 1500 this last month so 500 december i think january february what does it do it makes me feel good no what is it Dude, just explain it to me because I'm a little stupid.

21:18So when there's a live stream, there's memberships. Oh, yeah. You can donate memberships to other people. What I would do is go on, spend$500, give like two, maybe 300 people memberships. And immediately leave. Okay. I'm so confused. What is that? What's the outcome of that? It makes me feel good. What's the entertaining part of it? Oh, it's like the gifting the gifting aspect of it. Okay So you feel good giving But you talked about this crash thing. So that's why I'm confused crash thing. Yeah, you said it like braces Oh, yeah, yeah, yeah, so it's so much so fast just breaks the YouTube UI Uh-huh How long is he down the entire stream?

22:08Yeah, he can't restart i don't know i'm not around long enough to see okay i don't get this why is this worth literally taking buddy you're taking equity out of your home to do twitch donations do you understand that that's how this is working you know how absolutely borderline aggressively stupid that is aggressively stupid why can i say you gotta shut the up you're being a little are you taking this seriously what are we doing here you gotta be a little yolo what the are we doing this thing or not yes okay why are you being a cheeky little i don't know so you do this for some interesting version of entertainment i'm not going to judge the entertainment aspect of it because we all have our own things like who the fine to judge that but this is expensive man It's just going to debt.

23:05It's like someone going into$500 of debt for movie theater things and just getting closer and closer to maxing out their card and then having to take out home equity to pay for it. That's the credit card with that? Yes, the one document we've talked about 24 minutes in. So that was a mistake. I don't know what happened. I meant to do it out of my checking, but for whatever reason. Yeah, that checking account's f***ed, by the way. But if you're not a credit card person, if you're going to use the card, use the Fizz card because you do not know how to use cards. It's a charge card. it's better and it actually helps you build credit and not yourself like you are right now amazon chase card how'd you get into debt with this let me guess amazon yeah what are you getting so i had purchased a bunch of stuff when i first got the card a bunch of books a bunch of uh computer parts do you have that still yep can you sell it yes will you sell it uh some of them i will because i don't use them how much value if you had to sell today uh so i got a 6600 motherboard board some ram oh you got the wham wham yeah i got the wham but um maybe 800 bucks with a computer components i could sell it's not insignificant i'll save that for later still purchases on here man it's only 16 bucks and 11 cents but again we're just barely making any progress i mean the end you only made$20 of progress even though you paid 112 to it but because of your purchases and$79 of interest the balance is$3 ,756.29 of the minimum repayment of$116 why purchase man because again whatever you're purchasing you're really in a way with what your plan is taking equity out of your home in order to do amazon prime purchases taking equity out of our home for twitch donations and amazon prime purchases that is a sentence that no one should ever say so i think those are more impulsive in there more in the past than what was recently with the equity i think i've grown a little bit from recently in the past what do you mean buddy this was the last statement the fuck are you talking about This is your last statement of existence Yeah so usually I Splurge out of my checking Instead of credit cards But it doesn't matter This was your last month when we've been through two credit cards You're putting balances up One of the balances increased One only made$20 to practice even though you put$120 Towards it in terms of payments So what the f*** are you talking about buddy I'm not going to let you just bulls*** your way around that And be like oh it's okay It's okay because normally I don't really do it You're doing it right here.

25:47What am I supposed to go off of other than what's in front of me? I think maybe I've been making a few mistakes. Why? Let's get to the bottom, buddy, or how are you going to change anything? Probably impulsive. But if I were to pay off the credit cards, my biggest concern would be it would damage my credit score. so can i just record a clip and just place it in this moment how many times i'm bored of that conversation but that's okay you said the meme you said the meme didn't you okay what's your credit score it's like 700 uh do you have a can you show me that on any app yeah i think i can okay let's see no i powered off my phone you powered on okay now you already have a mortgage so what kind of debt are you trying to take out in the future on the house any debt so i can't take out any more debt because i've reached my maximum credit limit so basically i can't borrow any money and why do you care about having a credit score continue to go up you already have why most people try to have a score up oh so once you're trying to buy multiple multiple multiple more houses which i don't think is your plan unless i'm not aware of something so tell me the consequence of this might be your credit score takes a hit because your credit age goes down what does that actually affect for you i feel like my uh safety net would be credit cards but i'm starting that doesn't make sense why don't you use some of your 85 000 a year and have a emergency fund well i do have one well not a fully funded one you know a couple thousand bucks it was at five thousand but some stuff happened and went down to two okay yeah that's not an emergency fund but so you're gonna rely on credit for emergencies so i've gotten away from relying on credit so much for emergencies now it's going to the savings accounts uh-huh and even if your credit score remained high what emergencies could you put on these credit cards since they're basically all maxed out anyway yeah i kind of see the point there okay so that's why i'm do you i care about your credit score going down if you can't manage credit card debt isn't it more beneficial to your life in general to not have the ability to go into credit card debt because this is hurting you more than it's helping you whatever positive benefits of having good credit are in your situation are completely negated by you're just f***ing yourself constantly you're shaking again are you okay i'm nervous okay that's okay that's that's normal usually people like start nervous and then they get a little more comfortable but you're like falling back into the nerves i think it's just a phase okay you like i don't know you served overseas man i did not you oh i thought you said you went on a mission oh so when president trump ordered federal troops to um reinforce the border that's where i went but i think the two weeks to start that was just regular training i think maybe bliss or ntc i don't remember can i see your credit i'll give you one chance to redo your financial score if you'd like to now that we've been through two cards and realize how absolutely stupid you've been with money and how stupid your position is would you like to revise your score at least make me hope you're learning something i think i think it's maybe a five or maybe let me see or maybe a six because I did start trying to fix some of the behaviors in the past.

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30:30That doesn't mean I can say that I'm successfully dieting. I think you are. No. Why? For two weeks? Yeah, you look pretty good. You don't know what I normally look like. What are you talking about? The camera doesn't, well, I don't know. who knows what I look like in person versus on camera I guess you could say but I like I'm thick by the way guys we recently launched two new shows that I think you're gonna love first is your week in money during the show I break down major economic business and financial news that happened this past week and then give my own personal weird and hopefully humorous take on them in the second is our financial audit follow-up channel they're just quick casual conversations with people who have been on the show, seeing where they're at and what we can do to make sure they get to a better place.

31:18We aim to have those episodes posted most Thursdays of each week. And for your weekend money, right now they're being uploaded every Saturday morning for you. Make sure to check out those channels linked in the description below. Can we talk about your little joking? Because I'll be honest, it's going to piss people in the audience off. I know the audience pretty well. I don't want them to come after you, by the way, you should be nice. um only i have permission to be a little

31:46but like can we talk about it like is this is this your natural coping through tough situations is to make like silly little jokes and pretend like oh this doesn't impact me that much has that been pretty common throughout your life so i think it's probably a combination of being camera shy and kind of having to force myself to come to reality with these issues okay that's really all i care about in the end is if you're actually um taking things to heart and you can make positive progress i know sometimes in the moment for me i'll use myself as an example i try to be an open-minded person but even when it comes to being confronted with things i can be defensive in the moment but one thing i at least try to pride myself on is i'm pretty okay at going back and reflecting you know and solace afterwards and if you're defensive in this moment okay natural human instinct sure but as long as you're walking away and you actually get something from this that's what matters and yeah it's 6.95 mortgage is carrying a lot of weight credit card usage is 91 though so i do think i've improved over the last 18 months because before for you before well i didn't have any excess cash no savings no investments nothing okay i was spending everything but now i got a little bit of cushion so yeah you're spending everything on right yeah i stopped i know i got better okay yeah yeah no just fantasize about it but a good joke again i'm starting to slowly improve which is good i'm not stagnant i'm not getting worse i'm getting a little bit better but it takes did we not just go over the fact that you spent almost two thousand hours more than you brought in though and the most recent month yeah that was for that's considered better the house repairs were a thousand dollars 450 you took on that responsibility by being a homeowner yeah 450 was for the appraisal then i think two or three thousand was for vehicle repairs vehicle repairs for the thing we're about to go into oh that is next on our list because this thing's stupid this is beyond stupid you're gonna have an aneurysm i know like legitimately because a 2018 dodge durango what is the balance what's owed on this i think 35 000 killed me now okay but i imagine if you didn't get anything uh from so the injuries well the home was an impulse buy yeah okay 30 you said 34 000 about 35 000 uh 33 000 677 and the interest rate's 11 % which is just again gross so when I was going through that I had decided on impulse real men do this decided that I wanted a sports car so I went out purchased a 2019 or 2018 BRZ just out of nowhere and then I got into a wreck while I was closing on the house and I had a choice, fix the vehicle or go through with purchasing the house.

35:09And I said, purchase the house. So I had to get another vehicle. What? So I had to carry over$11 ,000 in negative equity to that vehicle. And I was the only vehicle. That's insane. At 11 % with$884.94 minimum monthly payment. That's ridiculous for a Dodge Durango, which by the way is only worth, and we checked, $14 ,706 and you owe$33 ,677 on it. Yeah, so when I bought it, that was the only vehicle that would hold that amount of negative equity on it. So it was my only choice. Buy the house or fix the car. That doesn't sound like you're in a position to buy a house at that time yet, though. Sounds like you rushed into it and you made a potential irresponsible purchase.

35:54Not that I don't want you to get into a house. So it was impulsive because the apartment... That's a different show. So anyway, I was living in an apartment and some germans moved in they brought bed bugs so i didn't have any furniture i was sleeping on the floor and they're just crawling on me i was sick and tired of it okay so i decided i'm gonna buy a house yeah i don't think buy a house is the only option but i get what you're saying it was impulsive yes yes yes there it is again

36:23lend key what is this for that's a student loan so when i got out i went to college What about the VA benefits? This was before I got them. You rushed into it before you got them? What do you mean? Whoa, whoa, whoa. What's it called? What do you get for serving in the military? What's it called again? GI Bill. Yeah, what about the GI Bill? So that money I pocketed to help pay for the living expenses while I was going to college. What did you even study? You're a security guard. I quit going to college. I'm done. How long did you go to college? man about two years what'd you study business administration i don't know what you took out originally but right now it was 5500 so it's only so it's gone up yeah oh because oh my god if there's a 25 minimum monthly payment that's not if we're gonna make progress but you think you're in a position to buy a home what does that make sense it doesn't make sense how does that make $77.90 is what you owe.

37:24And this is at a 10.39 % student loan. That's wild. And the minimum monthly payment is$25, which is that's ridiculous. That's ridiculous. That's ridiculous. It's a 12-year loan. It's a 12-year loan. But you thought you were in a position to get a$900 car payment in a home? Make that math add up for me real quick. Because that doesn't make sense. So at the time, the home and the car was more of a dilemma at the time. Even though it was pretty stupid. And you were pocketing the GI Bill? No, no, no, no. They don't. They give me like$1 ,500 for housing allowance. Yeah, yeah, yeah, yeah. Okay. So utilities, all that's not included.

38:14So I need a little cash to establish myself on the civilian side. So this was for two years of college? Yeah. Just like anyone else who comes on this show, I'm happy to utilize my resources and gift you a tech certification through course careers. But again, you dropped out of college. I don't know what you want to do. This is a f***ing note, that minimum monthly payment. Also, you wait. But the car loan was aggressively stupid as the value of it is like, what, 30 % of the loan? And you said you had to put$2 ,000 into it this last month? yeah just basic maintenance two thousand dollars of basic maintenance yeah so from the subaru brc i neglected the maintenance on this this vehicle i am on top of the maintenance so i don't you so you can get rid of one i had to trade the brz get rid of it completely oh that's what i thought you said okay but you made it sound like you still have it for a second no so it got total and the maintenance was neglected which cost me like eight or nine thousand dollars to get it fixed So you got totaled?

39:19It got totaled. Through what? I got rear-ended. Insurance? So I didn't change the oil frequently, didn't do maintenance. So when it got totaled, the engine just felt disrupted after I got out of the shop. Shopping is hard, right? But I found a better way. Stitch Fix online personal styling makes it easy. I just give my stylist my size, style, and budget preferences. I order boxes when I want and how I want. No subscription required. And he sends just for me pieces, plus outfit recommendations and styling tips. I keep what works and send back the rest. It's so easy. Make style easy. Get started today at stitchfix.com slash Spotify.

39:59That's stitchfix.com slash Spotify. Try to any kind of insurance? No, the insurance. Since it happened after a wreck? So the wreck was mostly cosmetic on the rear of the vehicle. The damages were like the engine blocking. I get it, but it was right after the... It was at the accident, though, right? No, it happened after I got the vehicle back for the mechanics. Oh. What did you talk to the mechanics about? They said, basically, you didn't do maintenance and you destroyed your vehicle. But I'm on point with the maintenance. Why didn't you just change the oil like an adult? Sometimes you forget.

40:38Yeah, I'll do it tomorrow. That's a lot of tomorrows. To get to that state, that's a lot of tomorrows. yeah but with the dodge durango it's like i'm on top no that's a lot of tomorrows you just dodge past that that's just that's just a beyond sign of irresponsibility like yes i get it i've delayed oil changes when i had a car with a motor engine thank goodness i don't anymore that was a lot of work but i just did it i put it off for a few days put it off for a few weeks then i just went and took 30 minutes to get my oil change like i don't know that just kind of speaks to your character a bit of irresponsibility which is another reason why i don't think just wiping your debt while transferring it through taking out equity from your home is going to be what actually fixes your position so with the dodge durango i'm on point with the maintenance i don't neglect the maintenance anymore because i learned my lesson from the brz so what cost two thousand dollars so the brakes the tires oh new tires inspections sure sure the tires were like five hundred dollars a single one We'll help you learn how to budget all that going through our budgeting educational program.

41:46That's really important, too, because you really got to map that out. So we're going to put you through that. And I really want you to go through that. This is the mortgage. And obviously, the balance and the interest rate on this is absolutely fantastic. You had it appraised. Have you gotten your appraisal back? $100 ,000. So after any kind of closing calls, what are you hoping to walk away with? So it came under. The loan didn't go through. It was like, I think,$40 ,000 short.

42:16So on the appraisal... So the whole plan that you were talking about isn't even a possibility even? Yeah. What the f*** are we talking... What was half of this conversation? So I explained to you why the money went down in my savings account. Yeah, that's right. That's f***ing wild, dude. That was the purpose of me taking my money out of the savings account to pay for these repairs. How, when did you buy this house? I think 22, 23. No, no, 22. And four years later, you already wanted to take, did you put any work into the house? Yes, I put it there. How much? A thousand? Yeah. Okay. Okay, so you didn't put any work into the house.

43:01A thousand dollars worth of materials. Okay, great. so i fixed the leaking roof the fire damage on the exterior of the house the second one could have helped a little yeah and the sidewalk redid the sidewalk put some rebar in it i'm glad the equity's gone up because some places from 2022 to now it's actually been down like in austin so good job on that one but yeah i think you're a bit optimistic and plus again i I don't think that would have fixed your actual situation. Well, I didn't. So I was under the impression that it was going to come in around$165 ,000. So just to make sure, I pulled out$1 ,000 and fixed all these issues with the property.

43:43But it came out at$100 ,000. I know. How did you come across? I want to get to where you ended there as your solution. What got you there in the first place? With the mortgage? Yeah. Taking some cash out. I kept getting these solicitations or mails. Hey, you can get$40 ,000 or$50 ,000, but the interest rate was way too high. It was like 8%. Yeah. But then when I got the one that says like 5.2%, I was like, okay, that's reasonable. Because my portfolio is doing an average of like 13%. Yeah. Well, what do you mean doing an average? How long have you had it invested? Like S &P 500 is an average 10%.

44:28currently right now it's at like 22 average well that's not average it's probably just like in the couple years we've had it done really well that's not no no i don't think we can take so my my portfolio is underperforming the s &p it's at like 17 no what what are you talking about so the s &p is at 22 my oh you don't mean on average though you mean in terms of just what it's done over the last year but not on average over the course of decades and decades all down years and up years combined yes okay well that doesn't matter then when do you plan to access retirement maybe 2060 okay so yeah that does not matter okay two thousand bucks sitting in our savings there down from three thousand it's down from five thousand great thousand dollars for repair two thousand for maintenance wonderful 974 dollars is in our checking account now this is absolutely insane this is stupid beyond belief

45:33what color would you like pink okay no i want purple okay give me both i'm gonna give you purple. I know. You're a silly little boy. You like being silly. It's okay. You were a class clown, weren't you? No. I was not. I was very shy and introverted. A military clown? No. I kind of evolved in this form after the military. Yeah, okay. Put a little dot next to everything that is a bad purchase that is bull**** that is not helping you in any way whatsoever. Anything that is bull**** anything that is unnecessary to living anything that is putting you into a bad position

46:30god damn continue the next page let's do one more page

46:43something i think so so what are you thinking of this because this is obviously this is like you literally not paying off your debt this is you going and rounds that are paying off your debt and you're able to recognize that because you're putting the lines next to it this is you being willing to take the limited equity out of your home that you would have been back to zero in order to finance this. This. This bull... This insanity. What are you thinking? This is a lot of unnecessary transactions. It's the spending of a child. You ever budgeted in your life? No. Except for when it came to... I don't think you did because you went into debt, buddy.

47:34Well, I made sure I go at least twice a week.