He’s Choosing Xbox Over His Wife And Kid | Financial Audit

0:00To watch episodes of Financial Audit a week earlier, check us out on YouTube. He's negative and his debit card goes well. He's not getting any money. I'm staying home with that. Then why are you spending money? Why aren't you at least doing like f***ing no breeds or DoorDash or something? I'll make ends meet for you and your family. I just wanted to take a little time to relax. What have you time to relax? What f***ing time to relax do you have? Yeah, how does that feel? He's taking time to relax when you're out there grinding it. I don't think video games is more important. Hey, guess what? You're a dad.

0:26We had fun though. Huh? Hi, my name is Vanessa and I'm 21 years old. Hey, my name's Anthony. I'm 22 years old from Houston. And this is the Financial Audit. The Financial Audit. We'll start with you, Vanessa. What do you do for a living at 21? I'm a meat wrapper. Meat wrapper. Wrapping that meat. That's exciting. I bet you love that. So, how much do we make doing that? An hour or... Yeah, sure. $16.50 an hour. Okay. $16.50 an hour. How many hours a week are we working currently? $30 to$40. 30 to 40 how inconsistent kind of inconsistently i'm just trying i just started to get into it so yeah this is a new job uh a new position i've been working at the same store for like over a year now i just transferred and what do you do for a living uh for right now i'm a stay-at-home dad but um i you guys have a kid yeah yeah okay whoo i know people used to have kids when they were young.

1:28I guess it's actually a very normal thing for so many people. But to me, it just blows my mind. As a 29-year-old who's like, I can't even imagine having a kid yet. I'm like, please, I'm just a little baby. So it's like, how the f***? Like, whew! Okay, good for you guys. Planned? No. We knew what we were doing. Okay, you're a professional meat wrapper. You should have rapped that meat. Yeah, that was in my that wasn't my job yet okay wow so how old's the kid he's two oh so this was this was young similar to like when my parents had me um okay wow so we're relying on the single income of 1650 at potentially sometimes 30 hours a week how are we doing off of that we're barely making it i mean We're still going past it, but we don't have no extra money for nothing.

2:28Yeah, if I need money, I would ask my mom. Be like, how can I borrow this much? How much do we borrow from your mom? Right now, I owe her$50. Not much. $50? How often are we doing this? Pretty often. We're paydaying from our mom? Okay, stay at home, dad, obviously. Okay, we're breaking gender stereotypes. Whoa. um so wait but there are two okay i guess we're avoiding daycare daycare is expensive why is the stay-at-home dad what we've chosen well for right now i mean i was waiting for a job interview because um i i've already had the interview i just i have it on thursday but uh i was just waiting for them to call me back so but it took a while waiting well how long have you been two three weeks it was more like a month over a month how long have you been out of work a month oh what happened what what were you doing uh i was working at my friend's shop but um friend's shop yeah but i had gotten kind of like fired from there from your friend you have to be really bad at your job to get fired from a friend don't you yeah i was uh well i mean i was i was working there for a little bit for like a week and but her and her mother were complaining that i wasn't enough pay and i was away from home for a long time even though it was a really easy your mom were complaining to his friend who was his boss at the same time no we weren't complaining to his friend we're complaining to him and then i was complaining to my friend because what were you making i was making like he's making like 13 something an hour yeah so it was a shop and what was your position it was like a it was a smoke shop and i was just in the back just taking out the orders that they order but he was he was he was selling selling oh under the table yeah yeah type stuff not really legal oh yeah behind your friend's back no no no no that's what the shop was why wasn't it legally sold i mean it was just texas it's not legal here but the shop was to sell it uh well oh yeah yeah the shop the shop wasn't registered basically so it wasn't it wasn't like because i know next to my condo when i used to i can say it because i lived there it was on boulevard um and there's like like this collection of shops there's an alamo draft house right there and there is a shop that grows in the window and they sell it in a way where they're like if this catches on fire and smoke comes from it you know that might be something that happens and that was their legal way of being able to sell it and they sell like a certain strain that's legal but it sounds like you guys weren't doing this is not okay so i know it's illegal in texas but like places in austin they don't enforce it yeah but i mean it's just like they didn't really uh it wasn't they didn't build it enough to wear it to to get attention from like police or anything like no one that would like suspect anything yeah because it's like actually dangerous things happen yeah so it was just like um like under under the table like you said like like stuff on instagram that we have like customers why'd you get fired uh my complaining complaining and they don't have the money for it either i want to say well it's not that i mean like if why didn't he just say no uh i mean he did say no but they always just like because we wanted him to find something better he was working 40 hours in six days like normal like but a normal job you'll you'll get five days for 40 hours yeah i mean it sounds kind of just like a weird job yeah it was it was it was like a small business so i was trying to help him you know build it up yeah so i mean i was still getting paid well 13 bucks an hour right yeah 13 bucks it was i mean that is more than zero dollars an hour and it ended up becoming zero dollars an hour but he had a job before that like a real job oh when it was um he quit for that job he didn't even talk it was a it was a job at papa's barbecue so i mean but the thing is i was already kind of why weren't you why aren't we discussing what we're trying to do though because it could impact things why are we not discussing because i mean i kind of i kind of already knew that she would say something so i just well what do you think then so does that make sense to then just go do it i mean i had told her but i told her the last minute so when it's done he had already put in his two weeks i'm not saying you can't do it but just like don't we inform our partner yeah but at the time i have the conversations and it was just like a quick it was just like a quick thing so i didn't i didn't really get the time how healthy is this relationship oh no we're fine we're good we're good we're just like it's just like communication we isn't already oh it's not really everything's great except for the most important thing the main thing of the relationship is not there and And even then, on top of that, before that Papa's barbecue job, he had another job at some, what is it called?

7:31A grocery store? Yeah. And he quit mid-shift, too. And that... What the fuck are you? What are you? I know you guys are young. It's because I had a co-worker and... Do you have a kid? I have a kid, yes. If it was just you just f***ing around, that's a little different. But the thing is that, okay, so before that job, I was working at Papa's again. So I left Papa's to work at that job. How much are you making at Papa's? I was making like 14. So he went down a dollar. Yeah. So why was that the biggest? No. Okay. So first when he was working at Papa's, he was making like 12. Then he quit to go to the grocery store.

8:07And then he was making like 18. 19. 18. But it was overnight work. Okay. And then he got tired of that one coworker. He really didn't even talk to nobody about it. He got tired of a coworker. Because he's been there for like five plus years. So he always thought that he was a s**t. Like, he was on. For five years? What? Is this high school? What is happening? So, he would, like, always boss me around. But he was nothing. Talk to a manager. I did, but since he was working there for a while, he was. Five years? He had favoritism. That's hardly. Okay. And he was, like, the best. That's because nobody wanted to work there.

8:44People would always quit after him. Somebody else quit. Well, I'm okay with you going and getting a different job. Okay, so we went back to Papi's. Papas. Mm-hmm. and then from there um and then you took a dollar cut well so why was a dollar oh i had gotten more because they they raised it more so so what were you making before you went to 13 hours an hour at the job you got fired from it doesn't even like matter because you got fired from that job anyway so like the the first time for poppers i was making like 12 50 and then i left to make 18 and i came back i was making 14 and then i had left again to make 13 so okay why what's the big freak out between you and your mom for one dollar down because he was sending me part they think it was you said originally you said it's because he wasn't making enough so you and your mom complained that he needed to make more but he wasn't making it he could he could have made more at another job were you making more with the under the table selling uh the 13 kind of because it wasn't for for the 13 it wasn't really like it was it wasn't like guaranteed of like a 500 like paycheck what because i for for that 13 i would uh i would be making 500 every week but for the other one it would be bi-weekly and i'll be making like 800 800 maybe a thousand so kind of less it'll be less okay so you got fired because you were asking for raises yeah i got fired because i was asking for more even though it was the business was still small yeah Yeah, because I want to say, but for what he was doing, I want to say that he was.

10:19I walk into work every day and the first thing I hear from Noah is, oh, daddy, please give me a little raise. And then I punch him and lock him in a closet. That's what happens. Yeah, you watch yourself. I have never asked you for a raise. Yeah, so they were just complaining. The more they complained, the more they add on about stuff like, oh, it's dangerous. like yeah it was dangerous but we but we also were like protected we had protection so i mean it wasn't protection yeah protection uh firearm we had a firearm okay this is weird that's a weird job but you got fired from it anyway so what the fuck are you doing now what's the interview uh the interview i'm it's just um it's a freight handler yeah freight handler so it's like a warehouse so uh i'm just gonna be i'm just gonna be toured around the building and then I'm going to see what they do after.

11:15Where are you in the interview process? Have you not had one or is this like the intro? This is the intro. So it's not a guarantee for sure. It might be guaranteed because I have someone in there that vouched for me. That can definitely pull some weight. It can pull a lot of weight actually. Okay. I'm still young. Literally right now though,$16.50 on a slow week, we're making$495 before any deductions, before any taxes a week. $25 ,740 a year. Assuming no time off. Is there a paid time off? I'm not full time. Well, 30 to 40. Kind of. I pick up hours. How are we surviving, guys? Legitimately, how are we surviving?

12:04Living with my parents. We don't pay rent. or we do pay rent just not yeah it's just like it's just like a couple bills we pay to help out okay yeah i mean you you guys are kind of forced to live with the parents it's not really much of an option is that what we want to be doing uh no then then i don't i don't know does it feel like i mean you guys are in your 20s but young 20s i mean we're still in the same decade but i'm just getting a sense this is a sense we can prove me wrong during this conversation but i'm getting a sense that we haven't grown up yet i feel like we're still kind of children especially with your whole situation the reason i dug into that was just to learn more about you because it doesn't really necessarily matter figuring out the income and everything of a job that you it's already gone but you know just learning about you as a person and you know just quitting mid-shift because we had a little bit of a beef with someone at work and then we worked in a legal job kind of that we got fired for because we were begging for more money it's just i don't know i feel like and you and your mom complaining it's i don't know i feel like we just haven't like grown up yet but the kids kind of forcing you to at the same time yeah two-year-old kid so like yeah because i mean i always take their words so like if they say something i'm like okay well like i gotta i gotta go through with it how are our finances how are we looking today guys no savings no savings negative i laugh about that okay it's interesting when we have a kid okay um so no savings he's negative in his um in his debit card because well he's not getting any money in there um you're doing then why are you spending money i'm not spending money i haven't had no bills or what how are you negative why aren't you at least doing like new breeds or door dash or something i was trying to but why aren't you working at a coffee shop why aren't you scraping gunk somewhere for like seven dollars just to at least make ends meet for you and your family in between the job but i mean it's just that i haven't had like i just wanted to take a little time to relax time to relax what time to relax do you have if you want to take your investing to the next level.

14:21My new investing course is still on sale until July 1st. We're offering the course for only$97, which is$50 off. You'll get over 55 lessons, the best budgeting spreadsheet, known demand, portfolio strategies, worksheets, retirement strategies, and I'll give you a$100 Moomoo cash reward when you sign up with Moomoo. Check out the link below for more. Stop buying sweet treats, people, and start investing. Well, I mean, I'll be playing with my son. Yeah. How does that feel? How does that feel that he's taking time to relax when you're out there grind in it$16.50 an hour she can't she can't have a place to call her own because you're taking time to relax something tells me the kid equals video games yeah oh yeah i can smell it from across the room you don't stink that was more of a just a saying you guys smell fine mainly because i can't smell you guys which is what i asked for okay i don't think video games is more important hey guess what you're a dad if you were 22 22 and you weren't a dad and you were single and you're around maybe a little in college like what okay fine what i dig into you absolutely but you're a dad you got a little you got a couple responsibilities right now yeah i mean i also wanted i wanted to try okay yeah here we go go ahead i wanted to see if i could start a youtube channel of gaming okay so i could also play with my son like what he's watching me so i can play with my son and then it sounds like an excuse to play video games well i mean it's not even that it's just that like i i really enjoy video games and oh good is a good hobby like a side hobby there you go so i can people with side hobbies usually also have yeah but i mean i a full-time job i was just waiting for my for this interview to come up yeah four weeks buddy like at that point plus there's no guarantee you're gonna get the job that's the thing that hurts you're really i know you have an inside connection that is gonna help if i was a betting man which i'm not i would probably bet that you're gonna get the job but there is still the chance that you're not so what i would do is that at least be looking for other jobs and working other jobs you had zero dollars in savings when you lost your job right right i had what right zero dollars in savings yeah okay so that's when we're going and the day we lost our job we're walking into mcdonald's and saying i'll fry some fries in the middle of the night okay you have a kid it's not a comedy show you have a kid a child a real life child that actually exists in this world who doesn't have their own place to live in that you would like because video games i just need to get back up my feet from yeah yeah it's not really a choice buddy i didn't know it's gonna be like three weeks until they call me i was waiting like oh like at least that's what happens when we don't have a backup plan that's what happens when we don't get out there and grind i would have grinded but but you didn't know and if you don't know then you have to he didn't know it was gonna be this hard to find a job what do you mean how many jobs have you applied to no okay so his first job like his first job that he ever had he was working at little caesars he'd worked there for like three years i want to say and then after i got him the job at um at papa's well because my aunt works a manager there and then i got him the man i got him that job at the grocery store yeah so like it's always been it's always been like because i had someone in in the in the company so you've never achieved anything on your own um no not really i've always had the help of someone i was like it's okay for help that's not it's not a shame thing this is i mean that's how i grew up i've i've what's the game are you even playing fallout fallout 4 there's been a new fall in forever in your grinding fall i mean i'm on what what are you playing i'm on xbox okay but i do have a pc but it just i i haven't it just sits there yeah it just is sitting there can we sell it to get us out of debt i literally just got it for his birthday because the holidays mean more travel more shopping more time online and more personal info and more places that could expose you more to identity theft but lifelock monitors millions of data points per second if your identity is stolen our u.s based restoration specialists will fix it guaranteed or your money back.

18:32Don't face drained accounts, fraudulent loans, or financial losses alone. Get more holiday fun and less holiday worry with LifeLock. Save up to 40 % your first year. Visit lifelock.com slash podcast. Terms apply. He was telling me, he was like, wait a minute, you got it? I mean, your finances aren't good. I know I've been digging in on you. So I'll... I know you don't have money. Game of PCs are not cheap. How much did you spend? Um, like a thousand. Oh, f*** me. again we have a kid but we're acting like kids instead I'm gonna count down from 3 3, 2, 1, go on go I want you guys to give me your collective household financial score you too 0 being the worst 10 being the best where do we think we are?

19:163, 2, 1 5 ok so you guys think you're right down the middle doing solid doing ok people with 0 dollars in savings people who can't live on their own people who blow money they don't have people who don't go and get jobs sure okay if you want your hammer financial score it's free in the description below and if you also do not stink from across the table feel free to apply and come on the show calebhammer.com slash apply okay let's look at the finances we've been talking for a bit while we haven't touched finances oh me oh me now what are we doing guys what are we doing who owns the capital one both are we both on it or whose card is it just me you the one who just spent a thousand dollars on a pc yeah what are you laughing at i've had that card since and it's funny no it's not funny um that was my first credit card i had gotten it i was just like i was like oh yeah like i want to build up my credit i want to buy a house i have the funds to pay it i want to buy a house and yet we can't move out over parents okay and yeah i just accumulated and then now it's just like oh it accumulated the minimum it's over the credit limit 500 is the credit limit it's at 568.56 14 for the eight cents of interest accruing$25 of fees.

20:51Even worse. I don't get it. You put a little more than a minimum payment towards it, but you went and purchased$116. Why are you purchasing on a car that you can't afford to pay off that is over the credit limit while accruing interest? Why? That was my first late payment. It's a late payment? Yeah. I thought it was over the credit limit thing. So we're purchasing on a car that's over the credit limit. That's a green interest that we can't pay off that we're missing a payment on. How in any world does it make sense to purchase$116? How in any world has that ever made sense in that ever in this galaxy?

21:37Getting groceries and we just pardon. Checking accounts. Have we heard of them? yeah but if we pay from to there we can use that to pay uh-huh but no but you didn't you didn't what do you mean i was trying i don't know i was trying what trying excuse me what trying there's no trying here you relate trying i don't see a try where's the try i paid it after it was there i swear that is inexcusable you missed the payment you missed the payment that's inexcusable even if you make it a little later you missed it you are not a credit card person you don't know how to use credit cards chop them up close the accounts they're not benefiting you they're you yeah and the debit one for the discover one for mine i kind of she got me into it because i wanted to do my credit to enable that and they gave him a really really really high for just yeah for for starting it was just a 2000 actually no he had one before that one but then they closed it on him he also i first sent him that uh capital one which one applied to be on the show me okay yeah i didn't know anything about the show she just signed up and okay we're gonna go to a show i'm like welcome welcome welcome okay i'm just assuming your smile is a cop smile you smile right yes you're just a person that's okay it's okay i just want to make sure my big fear is just people taking it seriously i just never want to care about someone's financial situation more than they do because that just like you know it's just that would be terrible okay 70 dollar monthly payment the interest is accruing

23:34groceries groceries groceries groceries groceries no we had a return mobile payment because we didn't have enough money in our checking account i'm assuming we had a return payment because it bounced and then amazon prime groceries i don't see a single grocery i don't think a single grape on here i don't see a single single peanut groceries okay so i kind of stopped okay so i do them i do the minimum payment on that one but it's my other credit cards that i usually do the groceries on what are we getting on amazon i did that's where i bought his um the monitor um i bought him stuff for his birthday you don't even use it i do use the monitor oh yeah just the monitor why do you prefer the xbox over the computer because uh on the xbox i have like dlc and stuff like already on the xbox and for the return it can you it's been over i think the month i don't know what the return was i had a friend but i can still i can want to go to like a youtuber type hobby so i can use a pc for i'm okay with that as a concept but we do that when we have money like we don't go into debt for that and you still work a full time job while doing it i didn't get to leave my job for a while when i started this it was quicker than a lot of people because i've been incredibly best because this audience is absolutely amazing to be completely honest.

25:08So it was quicker than many people. But can you return the monitor? No. I was going to give you one of our monitors that we're not using. If you return that monitor. We'll check on Amazon. Check real quick. It's not a great monitor. You're not going to get something thrilling, but it works. I mean, I could easily use a second monitor.

25:37One for me and the boy. Return window closed on May 22nd, 2024.

25:46Not until you sell it on Facebook, but at this point, I don't think you guys wouldn't. Use the Fizz card if you're going to use any card. It's geared towards people your age anyway for the rewards, but it's a charge card. It forces you to pay it off every month and builds your card.

26:02Discover. Is this the one you said is yours? We both have a Discover. discover it we both have the same one tell me who says this oh my you're interest free it appears still big thick old balance thank you for making your minimum payment on time

26:24$1 ,956 I don't know how from I don't even know they just I think I sent him like they had like a you guys like Like high school sweethearts or something? We met at work when our first job. Yeah, our first job and then we got together on our first job. Because of the birth? No, we were already together like a year before. Okay. People on this show hate condoms. Let me tell you. They really do. I'm sure the kid's a blessing and awesome and very pleasant. and also stinking sticky but also very pleasant and loud but pleasant actually very quiet he didn't talk oh my gosh that's my dream kid okay uh it ends in eight months the interest-free period so what do we have to pay on a minimum monthly basis to make sure it never accumulates any interest will there be back interest no okay good so we need to pay this off do eight okay oh uh 244 and 57 months uh 57 a month that's what you need to pay it so interest never accrues but there's no back interest so that does help with that so it's not like beyond urgent

27:56so the income situation well what's our highest levels of education here did we go to college um I went but I stopped going like I guess I dropped out I don't know I did too I get it I dropped out of high school you dropped out of high school yeah cause that's when I had my wow you don't hear that much these days that's when I had my child so I didn't have enough time for to go to school and energy so I dropped out you must have been like senior last year senior year it was the last but you should have just but the thing is that they they had held back like a credit that i needed and i would so i would have had to repeat the whole year for that one credit what about ged i would want to do that but it just i need i need a little bit of time to get back into it and i need to pay for the class in my head but people without a high school education like they barely make income throughout life it's like horrendous i mean if i get this job it'll be it'll be enough if i get it but what what did you say the pace uh 1995 starting okay yeah it's not bad but just typically people without a high school degree their incomes is kind of stagnant throughout life and that's kind of what scares me and then if i do the way up yeah and if i do the youtube but as a side i mean i'll probably get like a couple not a lot because i'm part i mean i'm still gonna be new but if i do blow up i mean it'll be pretty good obviously just like any guest on this show i have the opportunity if you ever want it there are tech certifications but there's things for like accounting and stuff if you ever want a certification course and stuff to get that attached to your resume through course careers i'm able to gift that the median lifetime uh the median

29:38expected earnings of someone without a high school degree is less than a million dollars throughout their entire life. Entire life. A million dollars is a lot of money, but a lot of people are making, you know, like 60 ,000 dollars a year, and you can get the million dollars over the course of decades. Not necessarily saved, but total earned. 973 is what someone without a high school degree, someone with a high school degree, no college at all, 1.3 million. Bachelor's degree, go up to$2.8 million. 2.8. More than double. yeah but the graduation i mean the diploma doesn't really i mean that's just like a paper really like jobs are looking for experience like to a certain point but with where you are in life don't really have much experience you've been fired you've left jobs quickly i would argue yes when you're in like your 30s because you have you have a lot of experience you have a lot on your resume that and that starts to outweigh the degree because at that point your degree is a bit older and you have been showing that you've been benefiting the company 22 and also i mean high school degree that's pretty basic minimum stuff um i'm thinking i think usually the logic surrounds that is typically more college like college but even still i mean the statistics speaks for themselves for the medians um but there there is some truth to what you said but that tends to be later in the career when you actually have job experience you don't i don't have any experience right now no not really no but i mean i mean i don't think you're allowed to be all kind of high and mighty on this when you have a kid you're bringing in zero look there is a certain level of responsibility that you have as a dad well i mean i just want i just want to spend time with him before i start working my ass but then i don't have time for him yeah but if even if you're working 40 hours a week there's a lot of time to spend with him and you can play video games doing that right now you're just sitting down near the home and yes start a channel this is this platform is like the greatest thing for creators ever it's almost a miracle that this platform exists it's crazy do it that's a side thing you still have to take care of your kid your potential career on a social media platform is now more important than your child is it if you're a business owner like me i have an absolute game changer to share with you.

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33:14So by popular demand, NetSuite has extended its one-of-a-kind, flexible program for a few more weeks. Head over to netsuite.com slash hammer to get the details. That's netsuite.com slash hammer. start saving costs and enhancing your business performance today thanks to net suite for sponsoring this episode no we we really do want to we want we want to spend all our time with him that's why i dropped out of college to spend more time with him because when he was born i was in school i was doing sports i was doing homework i was working i was doing all this stuff now it's just like i get to be home with you my mom my mom really wants me to go back to school but that's not what i want to do right now so like for her like it's weird but for her like whenever she's away oh yeah that's fine it doesn't matter but whenever i was working at that shop and i was away working oh that was a big problem for them because well you gotta he was gone most of the time he was working a lot of the time yeah working yeah but well that's him bringing in income for the house you gotta stop being and then i mean that's kind of dumb come on and then she was away she was away at school playing soccer games that she didn't even get paid if you're out there drinking and hanging out with friends that's different but if he's out there working i mean come on you guys literally have zero dollars in your checking account there's almost no alternative like that is what has to be done how how can you be upset at that i'm sorry that he it was it was just that he he unless he's perfect purposely selecting shifts that are like so i never have to see my wife and kids again i i didn't really feel that it was only one shift okay so he would work he would work saturday all day okay saturday all day and then six hours to bring home money But it would be when I would be at work.

34:49Do you ever want to have your own place? I do. But it was just like, he could have gotten a... He could have... If he really wanted another job that made more money or something, he could have gotten something else. Well, I agree with that. I agree with that. And it's okay to push back against that as a concept. But don't be angry because he's at work when you guys literally have$0 in a checking account. But he already had a job. You're not making your payments. It was one payment. One payment. All it takes one to have missed payments. he he could have gotten another job that was if he had a better job that was a better job what he had before which was working five well he was working five days and then the other job he was not he was working more listen just with where you are kind of sitting on your ass then again i think there's a good chance because you have an internal connection and that's how you've gotten all your jobs but i'm starting to get a little afraid that The kid's going to get a job before you.

35:43Okay. So, you're at$1 ,956. Minimum with the payment,$40 on this. The interest starts kicking in at the beginning of February. You need to make a payment of$244,$57 a month starting this month in order to never pay interest on that. How'd you rack up that credit card debt? There's a lot of credit card debt for so young. It's mostly food. I would say mostly food or, like, stupid stuff. Really? fries in that gut is more important than getting your own house for your kid but guys okay i know i feel like i've said a similar version of that multiple times in this episode i'm just so that's why i really think you guys are still acting like children you're putting your own desires and pleasures but i was mostly her your family that's mostly her though that's her that's directing towards the food okay yeah but that was your card you said it's my card but i mean we're together so it's basically is our money is what he's saying correct yes but it was like then why the that more important than your kids how is it make nug more important than you getting a place of your own because i was the only one cooking at home he was never over there cooking like or not where so what he he's not a lot he's not a so he's not allowed to work so that he can cook but then he needs to work i'm so confused he is working or what he was looking wait when we're when sorry when we were at home he would not cook you to be like oh yeah like can you make me something or okay buddy you're being a little up a little cook some food can you make me something or can you it were if even then he was but why does this mean fast food fast food fast food fast food fast food where else are we supposed to get food warm up a hot pocket even it's cheaper he doesn't like cheese oh my that was an example are you kidding me that's what you're gonna say He's very picky I can bring home like frozen food And he'll be like I don't like it Well then go cry I don't give a shit then make your own food I mean I would make food This keeps coming back you guys are children You guys are children You can't afford it you don't get to do something You can't afford No So now we have a car that we can't even come close To paying off because guess what We don't have a job to bring in money to pay it off Discover this one's yours yeah the pink one two five out of two one thousand six hundred twelve dollars and six cents

38:17minimum payment fifty seven dollars these are stacking my friends for a single household income that's not even working 40 hours a week sixty three dollars of purchases why do you keep purchasing on a card that you cannot pay off that is accruing interest$41.86 of interest is accruing yes you paid more than your minimum congratulations but then you still spent on it so what's the point you're close to the credit limit anyway you started the month over the credit limit why are we purchasing how are we supposed to buy things that's our bad habit what are you supposed to see what you bought then oh six flags six flags go inside a gas station get into bullshit in like a locker for six flags how am i supposed to buy things you don't gotta six flags are you kidding me really that's more important that's seriously more important that's more important we have a two-year-old two-year-old it's for his birthday whose birthday his birthday you happy birthday get a job make some food stop playing video games oh my children children we had fun though huh we had fun though oh you listen i know you're not the one who watches the show well that's not that's not the time what it doesn't matter are you serious the soul the life of your two-year-old doesn't matter it's a joke it's a joke we make little jokes are we doing little hee-haw hee-haws?

39:49It doesn't matter. It doesn't give a shit. You don't give a shit. You'd rather go have fun? He's not going to remember. He's a two-year-old. People don't start forming your core memories until about three. That's why I told you two. Yeah, because I love to go out with him. I love to go, like, go to the museums and stuff. You live in her parents' house and you think having fun is more important. Be a man. Grow up.

40:13What a joke. That's going to piss me off. carmax the enemy of all humans oh this is oh this is expensive oh death what do we have what is this car uh 2018 subaru legacy okay sure we owe 18 current bounce current bounce current bounce current bounce okay i'll just go off this one $18 ,904.56. The minimum of the payment. Oh, my gosh. These minimums. This is a chunky minimum. I mean, it's what? It's like$5.47. No,$5.44. $5.44. But for on your low end, it's a whole paycheck. It's a whole weeks of worth. More than a weeks of worth for you. oh it is it is my whole week's oh no 540 547 sorry 547 21 i don't know why must have made a small payment or a little hangover of the payment oh amount paid ahead two dollars that's why okay great really making progress there oh around oh 13.45 percentage was right what's the term on this do we know i think they said seven years did they or something like that is that what they said five or six all right well i'm getting very different numbers so is it five six or seven because all those are different i want to say it was seven we chose the longest one to pay the least we don't even know we don't even know what's the car worth guys you owe$18 ,904 on it.

42:03What's it worth? When we bought it. What's it worth? I don't know. People are selling it for lower now. Like$16 ,000. $14 ,734. Why did you guys get such an expensive car? You don't make any money. When we first bought it, we could afford it. We were... Could you really? But you weren't able to get a place of your own even then. So could you afford a car? I don't think so. I don't think that's how the math works. we could afford them the payment yeah while living at home were you gonna live at home for your entire life so i don't think you could have afforded it that doesn't make sense we we didn't have a car when we congratulations you got a 20 000 car you could have got a 10 000 car yeah we were thinking about returning it to get something cheaper but right now yeah yeah well when did you get this uh two years ago you can return it right now or well not like not like for free oh you mean trade it in or something yeah well we don't even want to trade it in but your equities what four thousand uh you're under four thousand you're underwater four thousand dollars yeah we would have to what pay back so i mean if you do that i mean you'll and you get a ten thousand dollar car i mean you'll like fourteen thousand which yes it's better but not much and i don't think your credit's gonna i don't think the interest rate is gonna be much better well that that that car isn't even under our name it's under my mom's name we're paying for it what the so she would trade it in she would transfer the title after she would have to pay she said because that car has given us so many problems the transmission the transmission has broken twice it is on the third transmission okay so it's 547 dollars a month how much is the car difference for me what is that number dude you're spending literally half of your income for this car to exist plus the repairs plus gas oh me for a car half of the household me Sorry, just one second.

44:21That's crazy. That's crazy. Oh my gosh. Are we even going to be able to make a budget at the end? That already blows up the budget. Hopefully we have something fun planned for the post show, at least. Because that's... With that, that's no fun at all. He said there's something. He just doesn't know if I'm going to like it or not. Okay, so clearly you guys have never budgeted in your life. We were trying before. what was trying looking like we were we were saving before like when we had our son so not budgeting well i guess not we're just like we're like cutting off like a lot of stuff so we can save that money for later but we ended up just spending all because we didn't have we didn't have anything to we didn't have anything expensive because he was under 22 or whatever for that car and then I'm not even on that insurance because I don't know how to drive.

45:18Yeah, just me and her mother.

45:27Well, I need you guys. We've created this specifically for people like you. You need to go through our budgeting program. Take the quiz, but I want you guys to do it together. Take the quiz together. If you guys don't do this thing together, no longevity here no longevity here you guys got to do it together go through that at the same time you also get our new investing program as well which means you each get a free hundred dollar gift um from muumu which is really cool so make sure you guys do that so yay a couple hundred bucks is that like investing yeah which you're not ready for just yet but You do get it for free Because you're on here But still Okay that CarMax Money owed to grandma You Yeah For the transmission Huh?

46:24For the work of the car Oh you said transmission Okay Oh I got an itchy eye All the stress is leading to an itchy eye So I get a minimum monthly payment with this That we've agreed upon Or is it just owe it when we can Yeah just owe it when we can I mean We had it was more it was like five thousand so you're borrowing money from your mom you're borrowing money from your grandma we're all racking up credit card debt sometimes we're over the credit limit we have minimum payments we're literally not making and the car insurance and car payment is half of the household income this is a show beyond measure this is this you guys have gotten You don't even know how bad this is, I can tell.

47:07I don't think you guys realize just how f*** this is. And I think it's just because you're just, just too young. You haven't really been in the real world too much. You have the kid, which has helped you grow up and made you grow up. But you haven't experienced a lot. I mean, we still have a lot of time. Yes, you have time. But you're making that time so much harder than you because you've put yourself in a... it becomes a more inescapable hole the lower you go. Like, you know what that time could do for you? It could be compound growth in the market. You guys could be retiring millionaires, even with lower paid jobs because you have so much time.

47:47But instead, so much of the time is going to be used digging out of the hole you're in and working more hours than you would want to because you want to see your kid more. But you've fucked yourselves. by acting like children.

48:04Go on. We're trying. We're trying as hard as we can. Trying? You're trying 30 hours a week, that's not trying. Six hours a week, that's not trying. Missing a payment, that's not trying. Holding on to a card we can't afford, that's not trying. Going to Six Flags? That's not trying. Getting a thousand dollar computer plus monitors plus bullsh**. That is not trying. Have you, have I seen trying? I haven't seen trying. Nothing in here indicates trying. So let's look at the checking account. Maybe there'll be trying in here. $366 on this Chime checking account. ATB, ATB, ATB, ATB. Some of these have to be drinks, though.

48:44You're going and getting$5.041. $2.041, which is getting bulls***. Has to be. It was like snacks. Oh, yeah. It was for my lunch. Huh? For lunch. Fuck you. Pack a sandwich. Make a sandwich. Do some ramen. It's cheap. What are you? I was hungry. The correct answer is a child, especially when you respond like that. Really? This is what you're going to allow. You're going to allow him to have that mindset? You're going to be with someone like that? She has the same mindset. I don't have her saying that. That immature, dumb, childish, 16-year-old brain. She would if she could. If she could? For snacks?