He Can't Afford To Live, But At Least He Has Two STUPID Vehicles

27:16That's like, well, that's fine, but you don't have a full, you're not even close to a fully funded emergency fund. You have really bad debt. We don't get into the fun, especially the expensive hobby until we can put that in our fund spending. Cause that's all a hobby is right. You don't get to do that until you have a fully funded emergency fund. And then you, and then before that pay off all bad debt. What's, what's the minimum monthly payment on this? Personal loan. That one's higher. It's like three something. Probably like three 80 something. I want to say. I know between the three of them, like the full, the full monthly payment between the three of them is like$857.

28:01That's almost 50 % of your take home. I know for a camera. And what's this bike worth? What's his bike worth? I honestly don't know because I had no intention of selling it. Reintentionize yourself. Unless you want to drive the bike in the snow and get rid of the car, you're getting rid of one of them. Pick. Got it. Right now, I honestly couldn't tell you what the bike worth is because the bike market right now is just absolutely... I think in the seller's favor, though. Yeah. Okay. in the way that's good for you. Probably. Search up the model and worth. Oh, it's a 2020 Kawasaki Cruisers. Kawasaki?

28:52Yeah, Kawasaki. Says right now the listing is 7-3 on... Oops, I locked your phone, but... As used? That's just... You'd have to unlock your phone. That was just the first thing that came up on KBB. Yeah, trading value, and it's in good condition, I assume, because you probably sleep with it. Okay, so the obsession with engines in this country and the debt people find themselves in to get there. I'm actually okay with the interest rate. You just can't afford all these minimum monthly payments together. Plus, I mean, you actually get probably an additional thousand bucks, and that's just trading.

29:31That's not even private sale. That's trading. So like, you go sell that immediately get an extra thousand five hundred and put that towards You pay off the best buy card today Well, I don't know if I'd go that strategy, but you do get an extra fifteen hundred Yeah, we'll figure out where it goes from there savings. We went up from six hundred to two thousand Yeah, so I had an acorn went down from a thousand three. Yeah, I keep I keep my checking pretty empty to like Hopefully curb my spending but my bank still has yet to listen to me because I keep telling them that if my checking account hits nothing, I want them to not let my card make any transactions.

30:10That's to keep myself in control of my spending problems. The problem is I've told them twice now to do that, and both times they just keep letting it overdraft and then have my savings pull from it. I think you might be an envelope person. Do you know envelope method? I have a good idea of what that would entail. You put your categories and how much you can spend in each category in an envelope, and when you go and spend in that category, you can only spend from what's in that envelope itself. I think that's like the most strict of the strict, and I think it's what you mean because you just can't.

30:43I think you're right. You just can't, man. You just very clearly can't. Okay. So this is one little transfers back and forth on whatever this account was. And then there's Over Jeff Protection. $118 came in. overdraft protection five dollars and 40 cents came in overdraft protection dollar 20 which is not managing our money acorns a lot of acorns yeah and i love acorns link in the description below if it makes sense in your situation guess what it doesn't you have a 12 or two to the 13 percent interest rate on the personal loan your rocket cards at what 15 to 30 percent somewhere in that range probably?

31:24I'm pretty sure it's like twice that. No, it would be 60%. You said 15 to 30. It's like at that 30. Yeah. You're not going to beat that on Acorns. Acorns is great. No, I have completely sold out of my Acorns. That's why there's actually money in my account. Have you canceled your subscription? Yes. Okay. F***ing taquitos and taquitos and taquitos and or f***ing motorcycle and McDonald's and EA shop.

31:55So, brokerage, I don't think we're putting money in there either. It doesn't really make sense. That was part of what I'm saying. So, what's going on with that is after I left Best Buy, I had obviously some money built up in their 401k, and I transferred that over to them. Yeah, but this is$100. Right. So, that's just building on top of that still. So, like, I understand. What are you saying? So, you did a transfer, right? I did a transfer. A rollover. I did a roll. Well, I sold out of the 401k and put it into a Roth. Oh. Yeah. So, like, I've not... That's all money from Best Buy. I took the hit on the taxes.

32:34Did you talk to someone before you did this? Yes. Okay. There's somebody at Raymond James that I... That my family person... I don't know Raymond James. That my family personally knows. They took care of everything for me. But why is extra money going in right now, anyway? just to keep building that retirement. Yeah, but you're not going to beat the 30 % interest earner card. No, and I realize that now because when I talked to them last time, they're like, oh, yeah, just keep throwing the money in, and you just got to take care of your bills. And it's like that's obviously what I've been trying to do, but it's not working, clearly.

33:09They're correct if you didn't have 30 % debt. Subway, Burger King, Burger King, taquitos, taquitos, and or motorcycle. Myth Live 2. Oh, that was a concert. Two different concerts. We're not doing concerts when we have bad debt. And no fully funded emergency fund. And taquitos. Overdraft protection, 118 bucks. Taquitos. More acorns, acorns, Burger King, taquitos. And or motorcycle. Don't know. It's hard to tell. Taquitos, Subway, McDonald's. First of all, Subway is the worst food that's ever existed in this world. So why go there anyway? If you're going to get food, at least get food that's edible.

33:48taquitos panda express taquitos apple payment of some kind taquitos myth live we're back uh we're back with more myth live again heroic ink is that a tattoo is that that tattoo it's the one on my leg we don't need 180 leg tattoo while we're in bad debt we can get the tattoo eventually i respect you for not being afraid of needles like me but we still can't do it taquitos and Subway, so we're just like eating plastic. McDonald's, taquitos, overdraft protection. If we're getting overdraft protection, we're not going to McDonald's. Live music something,$14 in Boulder Tap. Homes. It's a restaurant.

34:35And then, yes, you pay the really weird towards those other debts. Very small payments like every day. Yes. It doesn't make sense. You are not managing your money well You are very clearly not budgeting No not at all And you just you have no idea what's going on in here do you Do you because overdraft is just Slapping you The overdraft is from yeah from the checking And it pulls from the savings and I know that's That's part of my issue yeah Do you have Have we agreed that you have I thought we did okay of the money that's actually Going to the debt is like 2.5 % Of your spending and then of your spending yeah transportation's huge obviously in here necessary food 3.3 % but going out to eat 4.6 % so we're going out to eat more than we're getting groceries great and it's still expensive 461 bucks a month it's an extra 461 bucks a month that could be going towards paying off the debt unknown spending 1 ,000 bucks let's see unknown spending lots of apple tons of Amazon, 500 bucks of Amazon.

35:44Target, you never know what that is. Walmart, you never know what that is. So I know for the Target and the Walmart, that is actual groceries. So you're spending$750 a month in groceries total? Because that would be your Walmart, your Amazon, and your necessity food. I can't do Amazon groceries, not in Iowa. We didn't say Amazon. I thought you just said Amazon. Oh, wait, wait, wait. Sorry, sorry. That's your Target, Walmart, and grocery stores that we saw. would be about 750 bucks. So are you really only going into Target and you don't get anything that's not groceries? Look at this. Okay. What the?

36:21Oh, one second. You're right. I did include the Amazon. You're not getting the Amazon there. So Target itself was like 300. Walmart, it was only like 30. And then the grocery stores, that was an additional 333. So you're spending like 500 bucks. Yeah, that's probably right. 600 bucks. And I know I can bring that down. It's just a matter of I need to quit being lazy and just actually make my own food and do meal prep. Taquitos. Like$328. Yeah. Other large purchases. $2 ,222. Remember, on a monthly basis, you net$2 ,000. So what did we do? Access.com. And there was some, oh, wait, other large purchases.

37:05So some PetSmart and those Power Sports and Struthers Bros, Born of Ocerus, some UPS stuff, Heroic Inc., Best Buy, Counterparts, Misery Trust, AutoZone, Of Virtue, and Venmo, Not Money. So the Venmo is for my phone bill. Cool. Well, that's$40 of the$2 ,222. So$2 ,222. Okay. So$2 ,182. And then a lot of that is actually clothes, too. Congratulations. So your large purchases, of which include clothes, and I assume you had clothes because you're a human being that exists in the United States of America. You know, most people go and buy clothes. Obviously, that's a privileged stance. Yeah. But I assume you had clothes, right?

37:50Yeah. Because you haven't been not making money. Okay, so that's why I assume that much. So,$2 ,182 went to large purchases. purchases. Yeah. That is more than you bring in a month. I bring in 4 ,000 a month. 4 ,000. Yeah. You're getting my, Oh, you said per page. So that's per paycheck. Yes. Thank goodness. So even if you paid your full student loans, the student loan payment would be one 16th of your income. Right. One 16th of your net. Thank goodness. You made it sound like a first, it was 2000, which no, sorry. Correlate. I'm sorry. I guess I didn't make it clear. That was just for a two week period.

38:34No, that's my bad. That is not on you. Okay. So half. Half. Of which needs should be only 50%. Half went to those large purchases. Calculate all the... I mean, you're... Let's see. If we get a total spending, including what... Oh, spending. So not even including the savings. We saw$7 ,838 move around in different ways. Now, that includes what you also spent on the credit cards that were not also paid as well. So total spending compared to$4 ,000 that came in, $7 ,838 of money movement. Yeah, that's too much. Yeah, understatement. Too much. It's almost twice what you make. I think this is not$2 ,000.

39:21It would be like four times what you made. Okay, so I'm just trying to think of words. Your mental health stuff, What have you started doing to help? Both therapy and psychiatry. And how long have you been doing that? Two or three years. The issue was with the psychiatrist. Obviously, she prescribes all my meds. What happened, it was at the end of August, we upped my meds, but that was not the right move. And I was basically almost accidentally overdosing on Vyvanse. Cool. um and it wasn't her fault um i was still well below the the recommended level for my weight it's just it was when i took it for the two days that i did for the new dosage it basically put me in in a panic attack all day long oh so it wasn't an overdose you were just no it was it was basically like if i took any more though for some reason like i probably would have been there um and i was just an absolute mental wreck for like two weeks because adapting to a new medication well there's that and like i reacted so bad to it that i i was actually on stratera which is an ss or ssr it's snri okay yes um and then obviously with the vivence with that when i had the bad reaction i'm like i can't do this this was on a friday um i cold turkey quit both of them and then yeah yeah that was a while ago yeah that was like a month ago now um that was a month ago yeah Yeah.

40:57Well, the question I was going to ask is, have you seen positive benefits in these last couple of years of doing this? So, like, where are you at now? So, like, for quite a while I was seeing benefits, but the problem is the drugs would keep, like, I would either grow tolerant to them super quick or I'd just stop seeing benefits after so long, which is why we upped the dosage again. But after getting off of them, it's helped in some areas and then set me back in others. Okay, well, obviously keep working with them and keep working on that. So I was just trying to see where you feel you are mentally at this time.

41:28Because as we go and create the budget, I mean, all that's going to come down is we can make a budget all day. Right. Can we follow a budget? And obviously in our spending, we saw not even close. So what I want you to do, my money prescription for you is I think envelope method. I want you to try envelope method. Give it a play. I want you to get out of the accounts out of the digital accounts which is usually actually what negatively affects me if I spend cash I feel nothing but if I see money ticked down on my checking account I'm like I'm dying but for you you don't even care what's in there you don't even look so I want you to know how much money you have for a certain category based on what we designate and that money if you want to go do something in that category you can only spend from that envelope and if that envelope is out of money you're done for the month until next month.

42:23You don't pull from another envelope and you break the whole system and there's no point. You said you do not have a roommate. You live by yourself. I live by myself. What's your rent? $1 ,200. It's not bad. I assume it's a pretty expensive price for that area though. It's kind of a wash. I've seen more expensive places, but I've also seen... Well, it's always going to be more expensive. Yeah, I mean, but for a two-bed, two-bath townhome with an attached garage. Two-bed, two-bath townhome, and touch grass for$1 ,200 a month would kill me. I wish. Okay. Wow. Enjoy that, says everyone in the comments.

42:59What's your utilities and internet? I don't pay internet, utilities, and I don't have gas, so I have electric heat. Yep. So right now it's like$150 ,000. Electric heating is pretty expensive. Yeah, I'm not looking forward to seeing that bill in a month or two. So I'm going to put in like$250 ,000. Yeah, whatever you think is best because I don't know. I have no idea what that's going to look like. I had electrocuting in one place. It wasn't a huge place. It was a one-bedroom. It wasn't even like a dining area. And, dude, that electrocuting was expensive. Okay. Well, it also depends on the efficiency of the place.

43:34I'm sure the unit itself and his air getting in and out, you know. Yeah, I mean, I work from home, so, like, there's not, like, a lot of coming and going. Jeez. Okay. So, I think we get, we keep it a little nippy for a while and we get ourselves a nice heated weight. I haven't even turned on the heating yet this year. I haven't even. And he told us it was 20 degrees, like before he came down here. So, like, brave man. It got into the 50s here and I was like, heat.

44:07Yeah, like weighted heated blankets. I got my slippies on. Well, with the way the placement of the townhome, like, it doesn't drop below, like, I think the lowest I saw the thermostat go was 65. Even with it being, like, 20 degrees. Well, yeah, no, no, no, no, no. You're not going to get to a dangerous level. No, no, no, no. I'm just saying, like, even with the temps, like, they have been recently, like, the temp in my house hasn't dropped below, like, 65. Oh, gotcha. I see. Okay. And little space heaters can be okay, too. Like, if you're just in, like, one area the whole day. Right. And well, since I have to use my computers for work, if I just leave my office door open, that actually like heats the entire upstairs.

44:47When I go in my office with like my larger PC, if I shut it, it becomes like 100 degrees in the night. Yeah, it's awful. A second. Okay. Utilities, I'm going to say like 250 because it is going to be a little more expensive coming soon. So groceries, congratulations, is$300 a month. We've proved that you can do it$250 a month, but we're going to give you that extra wiggle room for snacks and that gives you a full 2 ,500 calories a day, breakfast, lunch, dinner, and snacks and desserts. I don't need desserts. Well, I'm saying that gives me extra healthy food. I'm saying it fits in there. Well, and yeah, that's on a healthy, that's not an unhealthy diet.

45:20I'm just not a desserts guy. Lucky man. Lucky man. Okay. And then toilet paper, everything you need to survive, extra things. You can put what you want in this category. Usually I use it for toilet paper, tissues for all your things. And, you know, anything else you do, if you want to get a McDonald's out of it, you can. It's the toilet paper fund, I call it. It's just the, it's your$100. I'd use it for necessities. And if there's a little leftover, you can get a McFry. Cars shirt, what's your, well, I'm sorry. Okay, so fun fact, you ready? The motorcycle's gone. Yeah, but that's not most of my insurance.

46:05But I need you to commit to that now. That's going to be really f***ing hard. I don't give a s***. Commit to it now. You get a nicer motorcycle in two years! Get a nicer motorcycle in two years! Alright, fine. Fine, I'll do it. It's a temporary sacrifice. Good, so we're eliminating the motorcycle insurance. What's just your car insurance? That's still the bulk of it. It's still going to come out to like$2 ,400 a year. You pay yearly? Yeah. That was part of the problem. How do you pay yearly when you're overdrafting on a monthly basis? Well, because I put it on a card like an idiot. I recommend next time that comes up, we're just doing it.

46:43Because that was the issue was is for some reason in my head, I had, oh, credit card for emergency, and then here we are. So obviously you say. I'm not a card person. I've already chopped up both of them. Well, you can use the Fizz card, but that is pretty much it. Okay. all okay so usually yes you pay annual you pay quarterly you pay annual you save money on car insurance so you're putting on a car to 30 interest you're not you're losing more money so for you until we're out of this situation until we're managing our finances well you're gonna do monthly the next time comes around that's gonna be i'm gonna do like 250 a month assuming it goes up a little because it's monthly yeah right it will go yeah yeah that math checks out gas and In your car alone, not driving a motorcycle, what are you going to spend on a monthly basis?

47:33It couldn't be more than probably$100 because my parents live about two and a half hours away, and that's the only thing that would drive it up. Do not include your motorcycle because it's gone. You're selling it tomorrow. And I know that's actually a very big thing. You should be proud of yourself for doing that. That's a big step towards actually making your future better. Well, I know. The issue is growing up, I always raced motocross. My parents were able to afford that for me. Yeah. And I did end up having to sell those at some point, and that killed me inside. Well, the exciting part is you're actually not in as bad of a situation as many of the recent people I've talked to.

48:10So because of that, I'm going to get you out of the situation relatively quick, and then you're going to just get an even nicer motorcycle in cash. You're going to do that, and it's going to be great. This is the temporary sacrifice to improve your life. You're 26. There's so many decades left. It doesn't matter because even without your motorcycle, your minimum monthly debt payments is$1 ,022, which is a fourth of your take-home. That's disgusting. That's kill me. That's ruin everything. So.

48:35What else? Phone bill. Phone bills like just say 45. My phone's paid off. Good. Now you do some medical things on a monthly basis. How much should we put towards medical? It's all covered by insurance. 100%. So no copays with therapy. No copays. Congratulations. Nice health insurance. One of the small benefits, I guess, for working for a clinic. Oh, true. That makes sense. Better. Anything else in your life we need to calculate into this? Think hard. I think that covers everything because really all I know. I mean, you already said it too. Like all my money goes towards either concerts or the motorcycle.

49:16So. Or eating out. Or taquitos. Or video games. So a lot. Gym. Yeah. You have a gym. Oh, yes. Oh, God. I'm glad. It's like, so there was like$160 upfront charge and then it's. Right. Well, it's, so it was 120 upfront and then it's another$70 recurring charge. On a month. Yes. So there's. Pretty nice gym. It's a really nice gym. And I, I do my damnedest to go there at least three times a week. So I feel like I'm getting my money out of it. Yeah, good lad. Absolutely. Get there. I'm putting it in your budget. I'm happy to put that in your budget. Anything else? No, no. That was actually the last thing that I can think of.

49:56Listen, I'll yell at you about the debt and the spending. You can yell at me for not going to the gym. A KFC tale in the pursuit of flavor. The holidays were tricky for the Colonel. He loved people, but he also loved peace and quiet. So he cooked up KFC's$4.99 chicken pot pie. Warm, flaky, with savory sauce and vegetables. It's a tender, chicken-filled excuse to get some time to yourself and step away from decking the halls, whatever that means. The Colonel lived, so we could chicken. KFC's Chicken Pot Pie The best$4.99 you'll spend this season Prices and participation may vary while supplies last Taxes tips and fees extra See even this, so this is definitely why we're getting rid of that $250 minimum monthly payment for the For the motorcycle You have $660 left on a monthly basis Let's get that exact number Saving that money I love when my money is making more money And the SoFi high yield savings account I use has 4.6 % Interest on that money money.

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51:244.6%. And bonuses all the way up to$250. So what you need to survive on a minimum monthly basis, and we need to get rid of this debt because we would decrease it by$1 ,000, is$3 ,337.40. That's what you need minimum on our tighter budget. So divide that by the$4 ,000 that comes. Or not divide it, but, you know, let's figure out what's left. $662.60 is left on a monthly basis on average. Okay. That's your money to play with. You get an extra$1 ,500 from just trade-in. You might try private sale for a couple weeks on the motorcycle, see if you can get like$2 ,000 extra for it. But trade it in if you can after a couple weeks.

52:00That's fine. So trade-in, good condition. That extra, what did we have in savings? What's in your savings right now? Not what you have on sheet, I can tell you that.

52:15Savings right now, it says$1 ,800, but I have to pay rent, so it'll be down to$600. So it's not savings. You don't have a savings account. I try to keep everything in savings and only move things to checking when I'm actually spending. It doesn't make sense. That's not what a savings account is. Your savings account is a... Okay. That's why we're doing an envelope system. You're overcomplicating it. Do the envelope system. These categories are the ones I've given you. You put the cash in there. Okay. The one digital account you'll have, you'll open a high yield savings account. I don't care where.

52:43I use SoFi personally. Open it. that$1 ,500 you get from the bike, put it in there. Okay. And then for the next two and a half months, for the first two and a half to three months, you're going to save up the extra$662 you have on the side. That plus the$1 ,500, it's going to give you a one-month emergency fund before we start the debt train. Okay. Okay, so that's three months we're going to round up assuming some transition period. That sucks. This is why it's actually probably going to be worth it. Like, just a couple times a week, I don't even care. Or maybe, like, pick a day on the weekend.

53:19You choose it. Make your week a little worse. Make your weekend a little worse. Go pick up an extra 10, 15 hours. And that's something I have been looking into already. I would. If you can bring. I got a friend. Yeah, if you want to go first. Well, if you can just. All I wanted to say is if you can bring the 662 to 1 ,662 extra a month, you're accelerating this drastically. Go ahead. Okay. And I was going to say, I got a friend that has worked for Domino's for delivery. And he said, the hours are super flexible, which is what I need. Because with my job, one week out of every month, I have to do on-call.

53:52And basically, I have to drop everything at a moment's notice if a call comes through. So that's been kind of the issue is finding a part-time job that I'll be able to have that will work around my main schedule. Jimmy John's, of which you've consumed from. When I worked at Jim and Jones, I worked there for like four or five years. Okay. They actually cater pretty good to consistent schedules on a school semester basis usually. And especially if you work in the college town, Jim and Jones actually makes decent money for delivery driving. But in the Midwest specifically. But what they do is they put you on a set weekly schedule.

54:28Okay. Now, when that week comes up and you need to get people to cover your shift, it's on the person. It's on you to get someone to cover it. Yeah, that's how it always is. Yeah, but instead of it being a random, you get this many hours this week, you get this many hours this week. Some weeks you don't get it. Sometimes we don't need you. It's set every single hour. So it might be something worth considering. Yeah, that's another one because I was going to say I was looking into DoorDash. A friend, he works at a Domino's, and he said, like, their scheduling is super flexible, too. So I thought about looking there.

54:58Thought about possibly, since I know the manager still at the Best Buy used to work at, I thought about talking with him to see if he'd hired me just on like a weekend basis. Or, I mean, they're open until like 9, 10 o 'clock, so I can pick up hours during the week pretty easy. If you did like a Tuesday, Thursday. The only thing is, oh, there's one thing I forgot. There's one thing I forgot. I do have a dog. Oh, okay. How much should we cater a month? Her food is about 50 a month. Pen insurance? It's currently covered with my other insurance. Oh, that's really cool, actually. for now like if something were to happen though then i would have to get pet insurance because apparently pit bulls are super aggressive dog breeds or something um i don't want to say anything about that get the everyone on the internet on both sides to murder me so you'll never know what my opinion is i actually really don't have a strong one but um this is one of those topics that people yeah no i don't blame you for keeping that 100 reps.

56:03Okay, so then it takes us, so I, the best buy, what I want you to do is you need to get in there. This is another one of your just things I'll allow you to do digitally. Figure out what minimum monthly payments are necessary to pay them off before interest is accrued. Then adjust them to that. Then just do minimum monthly payments and make sure they're paid off before the interest is accruing. That's going to adjust your budget a little bit. but you'll maybe have like$590 left on a monthly basis, 570, something like that. But just for the sake of things, the cycle's gone. Let's just see how long it would take you.

56:42Without, so this is not going to include interest rates, but it's also not going to include you paying off a debt and then the extra minimum monthly payment when you're paying off the next debt. But student loans, whether it's the income base, whether it's the traditional, in your situation on GoTraditional, you can do income if you want, if they accept you. Minute monthly payments, so they're paid off. Okay. Just makes mathematically sense. And that investing thing that you talked about, you're right. You want to just throw money at it. 65 months without you picking up an extra job. That doesn't even, that's taking your motorcycle out of it, and that's not even including your student loans, which will be going on top of this.

57:24That's five and a half years. Five and a half years. And that doesn't take into account interest. So I just wanted to show you what this looks like at this point because even though you make a strong income, especially for the area where your money is going and where minimum payments have stacked up to, where your rent is, and just where your bills are, in general, everything combined, you don't have enough extra left over for the amount of debt you've built up. So, yeah, we've got to get a second job. Even if you just double that from that$570 to$1 ,000, extra a month i mean that a man it's gonna cut it to like two and a half years and then it's so worth it and that's where i say two and a half years call three years to get a fully funded emergency fund then so three years total then you get your bike again and it's awesome yeah okay okay and i was gonna say the one other thing i'm once my lease is up i'm probably gonna get out of the place i'm at and get up at like a i need the two beds for what i do because i i had my computer like my work computer in my bedroom at my old place and it just played hell with me mentally what about living room i i've done living room oh i couldn't because of my roommate and personal health information because i would occasionally work yeah no no i'm talking to your next place though if you got a one bedroom do a desk setup in the living room i yeah i could do i don't like it personally but can you do it for a year yeah a year of your hopeful 80 90 years here right Right, right.

58:42I think we can, again, if it actually fucks with you mentally, I'm not going to put you in that dark spot. But just consider it. I understand the bedroom thing, separating work from bedrooms. Yeah. That can be pretty important at a certain point. Yeah, because, like, it got to the point where I couldn't even fire up my personal computer to get on Discord and talk with friends. Yeah. Like, I was completely secluded from everybody for, like, six months to a year. Well, you had to be able to fire up Discord because we're going to put you in the discord of all past guests. So, essentially what this number shows you, the five and a half years though, even without interest accruing, is that it's going to take forever in your current situation to pay this off.

59:23So, we need to get another job. That's your answer. Okay. So, I need you to envelope system that budget. I'll send you, you can take a picture of it. It's on screen. You can email, ask questions, all that good stuff. You need to envelope. Okay. And you need to go get another job immediately. Sounds good. That's my diagnosis. What do you think? No, I mean, that's kind of the direction. That was the direction I was heading anyway. As much as I don't want to get a second job, I know it's necessary at this point too. Make sure your therapist is aware of this, aware of your goals, aware of the sacrifices you're going to be doing and needing to redirect your different COPE spending and, you know, just your need to swipe.

1:00:04And let's get some discipline in life. Improve your life. That's the plan. All right. when it comes to his hammer financial score spending in a budget definitely was not good but it also just isn't the worst of the worst but it's on the bad scale so two out of ten same with the debt it's on the bad scale but not the worst out of worst two out of ten emergency fund i wanted to give something there but i couldn't because apparently that money was just being spent on rent and everything so we learned that towards the end zero out of ten retirement actually very happy for his age seven out of ten there real estate that's a zero out of ten part of a future conversation though.

1:00:38So with all of that together, Hammer Financial Score 2.5 out of 10. Make sure to check out all the resources linked in the description below. They are what I use or would use in specific situations. Thanks to all of our Patreon producers for making this episode possible. If you want to participate in an episode of Financial Audit and you're able to make it to Austin, Texas, please fill out an application in the survey linked in the description below. You can also send a link to your friends or family who you think might be good to be on the show. If you have any questions, you can email casting at calebhammer.com.