Imbecile Knocked Her Up, Now She’s F*cked | Financial Audit

24:01I work a lot. And like I was saying earlier, I work a horrible shift. You have 80 days off. Now, luckily, I have Sundays and Mondays off. Since when? You always have Sundays off. Since like a month ago. Yeah. Like a month ago. But you always have Sundays off. But I was working six days a week. Yeah. But I'm a manager, so sometimes I go in on Sundays for meetings. I run training, so I have team leads underneath me that I have to go in for meetings like every other Sunday. Every other Sunday. But I also work like a horrible shift because I'm mainly a night manager. So what are we doing now? Because that's different.

24:29He has two days off. We're still not talking. On Mondays, we go to the park, and we take our dog to the dog park and our nephew and our baby. And Sundays is really just cleaning and family day. Yeah. You can talk, guys. I'm talking a fucking hour a month. That's true. Like, what are we doing? You guys haven't been proactive in that at all. We're just prioritizing other things. Yeah, avoiding your mess, which, by the way, is one of the leading causes for divorce in this country. One, I'm behind her back. That's going to be a leading cause. Two, finances. You guys are definitely headed down the wrong train, and you really don't want this.

25:03I mean, come on, young marriages. I didn't realize any of that until I really paid attention and looked at it but that was your self prescribed job you were supposed to be looking for years but the stress from everything having a kid I don't give a shit man the fuck up it's your responsibility period you took it on I mean you could do it too if you took it on but you took it on you're the one that prescribed it to yourself we just need to ask oh for fuck's sake guys for absolutely dumb sake. What the are we doing? They just told me you haven't been paying on the cars for a couple months. The guy who runs, did you know this?

25:48Yes. So you knew this and you were okay with this? You didn't know about the payday loans, but you know this? We know we're not paying on cars. We know we're our credit. Hey, do you own your home? No, we're renting. Okay, I bet parents that have kids that want three, which will probably have 20, probably fucking want a house and you're obliterating your credit? You're obliterating your credit? Yeah, but there is a reason why I stopped paying on the credit cards. Oh, I bet it's to avoid stress. Is it to avoid stress? No, it wasn't to avoid stress. It was to pay for necessities. We had to provide diapers for the baby.

26:19We had to pay electricity. We had to pay rent. That's also what the payday loans we use for were to catch up on all that stuff. You do not make insignificant money for a 21-year-old couple's single household income. For the area of Lafayette, Private student loan debt can be overwhelming. If you're seeking a more affordable way forward, Y-Refi is here to help. Unlike traditional lenders, Y-Refi is focusing on your desire and ability to repay, not just your credit score. With guaranteed interest rates under 6%, they offer a pathway towards lower monthly payments. Y-Refi also provides a co-sign and release program, giving you and your family peace of mind.

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27:30Go to yrefy.com slash hammer. That's yrefy.com slash hammer. Or call 888-YREFI-78. That is 888-YREFI-78. And see how they can help you move forward with confidence. What a joke. I mean, listen, in here with this large purchases, we got like a thousand bucks. Miscellaneous bullshit in the hundreds. Subscriptions close to a hundred. Unknown shopping, typically Amazon, that kind of stuff. $300. But no, going back to the cards, the reason I stopped paying on them was I had seen a Dave Ramsey post and it was literally explaining if you're in a situation where you can't provide lights, you can't provide food, don't pay on your credit cards.

28:10Money on the other stuff. I wasn't spending money on anything. Buddy, I have your spreadsheet, you little tit. Yeah. We do. Is she your sister? It's not anything compared to the amount of money I make. Most of that goes to the debt and payday loans that I have to pay. That's where most of my money... Most of it? Actually, 41 % of it net. There's bulls**t in here. Yes, I agree with Dave because those come first. If you don't spend money on bulls**t, I bet he didn't say the word bulls**t, but he probably said binging rice, whatever the f**k, you know? I guarantee you weren't... Up until then, I've paid on my cards.

28:50No, I was just saying up until Yeah, but you still did what he said wrong. You still chose things that were not necessities. We have. Definitely. And you were okay with this? Because you knew about this. Yeah, I did. And you were okay with it? I'm a willing participant. I guess it's just more we kind of give in to each other when we have extra funds and we know bills are paid up until a certain point. We need to go get stuff. or things like that. Does that freedom? Spend that money on that stuff. I want freedom. Yeah, but your freedom's being delayed because 41.9 % net is what went to debt. Like, that's not freedom.

29:35No. You got to work to get out of this. The situation you purposefully got yourself in. You did this with your own choices. Freedom comes getting out of this. Listen, you make the literal before taxes Actually, you make more before taxes than the median household income in Lafayette as a single income household. Because of the hours you work. Yes. But you make more. So you are doing this with your spending, your choices, your – so it's all on you. So like pretty much also we live in affordable housing. So like currently right now we pay$10.92. Well, it's an income limit. So when we applied for it, the threshold was like for a three-income house, it was like$45 ,000.

30:26And I made$42 ,000 with her income combined last year. And we were only really qualified because we had— And we had— So that, you know, got us, you know, a little extra income, but— Well, I do have good news. The average rent for a two-bedroom apartment in Lafayette, Louisiana is$1 ,175. Congratulations. You guys aren't going to be— Yeah, but most of them are horrible. It's all your choices. Again, this is not another excuse. I have data at my fingertips. All you got to do is look. And guess what? It's an infinite. I understand the one of the two bed, but maybe we won bed for a bath while we get out of the debt.

31:01Maybe we won bed for a bit, a year even, while we get out of debt. What? What, White House? What? Oh, God, no. It's not a one bedroom. What sacrifice are we willing to do to get out of debt, though? Because then you can have a three bedroom. I'm talking a year. okay well it doesn't technically really need its own space you kind of do yes i get that but also just put the make the bed the living room the bed their bedroom the living room you know pretty much with the no no i'm saying the fucking crib and stuff oh that's horrible no that just looks weird it makes the house look horrible i don't give a i care about the future of the household this is a one-year sacrifice and i'm not even saying and you have to do this.

31:43You can afford the two bed. You know, the average two bed there, $1 ,175. Which you were going to complain that your rent was about to go up, right? Right? No, it's not. We're getting less space, though. Oh, no. We also have a dog. Yeah. And it's like everything laid out is literally... Guess what? I got a dog when I only had my own room in an apartment where I shared it with a roommate. It's okay Well we got a dog Because someone broke into our house While me and We were sleeping Me and our daughter We were sleeping I get it I didn't say it's bad To have a dog I don't care I love dogs What Good I don't know It has to be done Cool I'm not against this I don't know why You're bringing that up I guess she's more Bringing it up Because we've recently Got the dog a few months ago You know we're in all this That Guys The average amount Is less than 30 % Of your net income It's totally within your limits I don't know what we're complaining about and trying to make an excuse about.

32:42No, it is your choices that is keeping you here. So shut the fuck up. Take some responsibility. My goodness, guys. Got it. That's for a two-bedroom. You'll be fine. That's so small. Laura, right? No, I'm talking about a two-bedroom. We're in a three-bedroom, two-bath. Oh, my fuck, guys. You don't need that. You don't even need two. It is much better than one through the situation. If we move into a two-bedroom, we have a washer and dryer and a couch, and it's a big sectional. That couch won't fit in some of the apartments that are so small. I don't give a f***. You get a couch off a Facebook marketplace.

33:21What am I supposed to do with my couch now? Sell it. You sell it. But I paid for it. I don't give a f***. Everything you sell, you will have paid for most likely. I don't care. Buddy, I'm trying to save you monthly costs so you can survive. Right now, you're talking about how you're not paying your credit cards to pay utilities. Shut the f*** up. I don't give a s***. If you're not willing to make changes, there's no hope for this conversation. Good luck with this one. I want to have to pay for a couch and a new house or something. It's easier to just do that already. Used! Used! Used! Used! You don't...

33:51Pick the rich area, which I don't know if there is in Lafayette. There is. Congratulations. Pick that area on Facebook Marketplace. They're getting rid of it. They're just getting rid of it. The time worth selling their couch is better spent just getting rid of it than actually trying to sell it and make money. Okay? that's what you do so so me and my friends do here in austin find the rich zone facebook marketplace there that's where you get all the goodies okay two bed that's a downgrade i don't give a compromise with two bed you'll be fine okay i'm gonna go three two one go this is way too long of an introduction but you guys are just a so far immovable rock which makes me very nervous because this is a lot.

34:36All right. I'm going to go 3, 2, 1, go. On go, I want you to give me your household financial score from both of your perspectives at the same exact time. 3, 2, 1, 1. Okay. You think you're a little better? You think you're worse, but you're not willing to change? This guy makes a lot of sense. All right. Cool. If you want your Hammer financial score, go to CalebHammer.com. Take the assessment. See where you stand. You can also go to the link in the description below. and you can also apply there, calebhammer.com slash apply. And if you don't want to turn out like these, I'll tell you how. Download my budgeting app, link in the description as well.

35:10Anyone who signs up for the annual version, we will send you the cookbook signed right to your doorstep. What'd you guys get for free? Congratulations. Take advantage of the premium version. You better. It's like, it's the tool you need. Okay. Everything's automated. He loves to cook. I do. That's one thing that has, I mean, since we've been scavenging for money. Because in our house, we've spent money on DoorDash. What do we do, though, when he's not there for dinner? Because of work. For five days of mail prep. Yeah, selection. Something actually reasonable after. Because we spent a lot of them on a lot of the cards is from when we just had open credit limits and we'll go eat out and stuff.

35:49We're about to start going through them. Discover it. What's up with this? First card. Uh-huh. Then what's up with it? I got that one when I was 18. That was actually, I opened it up on my 18th birthday. I would always kind of watch, you know, financial videos on YouTube and stuff like that. So just to kind of have an idea. For the sake, who'd you watch? I don't even remember at this point. It's probably Graham Stephan. This episode is brought to you by State Farm. Listening to this podcast, smart move. Being financially savvy, smart move. Another smart move? Having State Farm help you create a competitive price when you choose to bundle home and auto.

36:30Bundling, just another way to save with a personal price plan. Like a good neighbor, State Farm is there. Prices are based on rating plans that vary by state. Coverage options are selected by the customer. Availability, amount of discounts and savings, and eligibility vary by state. It's usually a credit card. None of them are advised doing what you have done. No, no, not at all. Crouching finance YouTube and ending up like this. So the first like six months, because it was a secured credit card, I paid the$200 every single month. What was the minimum monthly payment on this before you started getting late?

37:04Minimum monthly payment, like 70. Come on, head of finances. Okay, well, now it's at 317. So I'm going to put it at 70 because we're going to catch up. This is stupid. It's 313 right now because you're just not paying on it because we're choosing everything else that we're going to go over throughout this conversation that you have put on it. $42 of interest,$41 of fees. fees that you're endlessly stagging. Oh, for f*** that. It is almost$300 over the credit card limit. Did you know that? No. Yeah, what do we think? How does that even happen? Interest? Interest. It was maxed out. And we haven't paid it.

37:41And not making a payment. What do you think? You're not making a payment. You are okay with not making a payment. You are okay with that. You have enabled. I'm not okay with it. I don't have the money either to do it. I don't. He don't. Why the f - are we not together? Okay, pure and simple. We could end the conversation here. We're not going to, but we could. Here it is. Combine your finances. And if you don't, if we keep this his mine, you guys are never going to make it. This is a fun one. I get to get you free money. And then I get to get myself free money. It's a pure win-win for both of us.

38:13What do you have to do? Sign up for a SoFi high yield savings account and get a welcome bonus of$300. Sign up for Acorns using my link and get$20 instead of the usual$5. Finally, sign up for Silo and earn up to$5 ,000 in cashback on your own stocks. These offers have been negotiated to give us both more money than using traditional sign-up methods. So use the links in the resources section of the description below and get yourself$5 ,320 right now. There we go. We need to combine our bank accounts. Yes, why didn't you? She also says that she doesn't want to close hers when I say just join mine.

38:52No, I'm okay with having like a spending account or something, but let's have the main bills and everything go through the joint. Incomes hits the joint. And then if we're able to allocate personal spending, we can allocate that to our personal checking accounts. You guys don't really have spending money right now because apparently according to you, you can't even afford utilities. So tax. You don't have spending money. So this is your credit card. Okay. So you opened it forever ago. trying to be a little finessey with all the points and all the sign-on bonuses, right? Yeah. You're not credit card people.

39:22You're the opposite of credit card people. You can't manage a credit card to save your life. Don't be credit card people. Don't try to be. Okay. Just make it look so good. Easy. Yeah, and then you just make it look so$300 over the limit. Then it's also like when they increase that limit, It went up to$1 ,800, and then it's like you have more spending, and then at that point your credit's good enough, and then that's when I was opening up my other cards, and then it increased my limit and all that. Let me advocate for finance YouTube real quick, and it's not always perfect, but there is not a single fucking credit card channel in the world that is not very clear about that you need to pay it off every single month and is the only way to make this work.

40:04So will they make it look so easy? No. You just manage it. You have budget. Just be an adult. and clearly you have been incapable of being an adult with your debt, which means you should never open a credit card again until you guys are 100 % knowledgeable about where every single dollar, every single cent goes. Once you know that, then you can manage your credit card. But look, you're not even making your payments, man. You're not even making your payments. And it started with that Costa Rica trip. Was this her? At that time. 540 credit score. Good luck getting in the house for a kid to grow up in.

40:38It got increased. the limit. And then I was able to open up some other cards and me and her had just graduated high school and we wanted to go on a vacation. I had went to Costa Rica when I was 13. So I wanted to show her it. We had been together for so long and we planned on moving out eventually for my parents. I wanted to take a little vacation and we went and - I got a promise ring. We spent about like five grand on that trip. About a grand of it was paid cash. He promised to never pull out. Lived up to it. Amen. But yeah. You're really going to have forever kids, right? Kids until you're just no longer medically able to.

41:18I'm going to have a vasectomy. Okay. There you go. That might be the way to do it. But, you know, at your guys' rate, that means we're probably having a kid like next year. Hopefully no more scares. Hopefully like two years. Hopefully, but not with the way you practice. Okay, TMI, but I don't give a f***ing. I already have permission. You guys f*** a lot? Okay, then a kid is probably gonna come. Well, it's like... Like... He pulls out, so, like, it's safer. But look, we literally have a child. Do we not have a child? No, no. We had slips up. Yeah. What if he slips up? Slips in, slips up. The goal is not to.

41:57Wait a little bit. Okay, guys. Oh, my... A little bit. So we're having a kid next year and then a kid the year after that. Not next year. And we can't even afford to have a single kid. So good luck. We're not paying our credit cards on choice. How's the job market in Lafayette? Because it's in a declining state. And honestly, exactly. So why are we in Lafayette? Why aren't we moving to... We want to get out of there. Yeah, why aren't we moving to like Houston or something? That's what we're thinking about. But there's opportunity there. We need to get rid of that first. Not necessarily. There might be more opportunity there.

42:22You're in a declining city, in a declining state. My position's in Houston and Austin. Same position pays$5 to$10 more an hour. Well, okay. Yeah, but cost of living is higher in those areas. Let's do it. But I'm looking for future job opportunities, probably outside of the festival world, unless you're actually getting into that store manager position. I am, like, active and, like, going to leadership events and stuff. Okay, well, keep that up. That's actually pretty good. I like that. I've been working there since I was 17. Make those connections. I mean, it is a pretty good place to get up. Maybe you can be a franchise person.

42:51That's where I've kind of gotten all the opportunity from. Do you like the operator? Our new one, yes. Okay. The old one was horrible. He was the one that first owned the one from Louisiana. Well, he could only own three, and he built a new location on the South Ridge side and got that one and gave up ours. He never cared about our store. Lafayette, not really in a good place again. It's just like Alexandria shit, Baton Rouge, New Orleans is kind of shit. It's a cool place, but it's shit. It's considered the happiest city in the U.S. Which one? Lafayette, where we're from. Look up the happiest city in the United States.

43:22I think Lafayette will come up. He thinks. Or what it's called. I've seen it before. Oh, really? Yeah. No, not to defend Are you sure you didn't see the highest suicide rate? I'm just not 100 % Fairmont, California Ranked the highest You know, it's interesting Worst Shreveport, Louisiana Don't go there Happiest cities, Fremont, California San Jose, California, Madison, Wisconsin Overland Park, Kansas And San Francisco, California Worst, Detroit, Huntington, West Virginia, Shreveport, Louisiana, Cleveland, Ohio. I would be from Ohio as well. I would just end it all. Montgomery, Alabama. So I don't know what the fuck you're talking about.

44:09Declining job market, declining state, declining everything. It might have been a local news station. I don't know. Yeah. Okay. Now, obviously the kid was born last fall. Have we had a scare since then? No. No. A little spooky scare? Well, I'm breastfeeding, so it's like a natural. Yeah, but it's not 100%. No. But it helps. Anything that helps. Besides the condom. Are you anti that? We're both anti-condom. It makes it awkward. Southern sex ed, ladies and gentlemen. It makes it awkward. Okay, guys. Ooh, we are. There are babies coming, ladies and gentlemen. They're going to be beautiful. It's okay.

44:53We have a declining birth rate. We got to have irresponsible people somewhere. apple cart what's going on with this one so that was actually one that i opened up after um my discover they like had instantly so this is yours again yeah i gave me um like a 3 000 limit and that at the same time it shouldn't matter if you're a responsible adult i had opened it before a costa rica trip so all the hotels and stuff i had put on those and how much of this is going to be stupid costa rica and it can't even be 100 because guess what the other one wouldn't be over the limit if it was just costa rica and then since then we made our minimum payments because you wouldn't be at the limit you'd be under the limit okay how long do you think until the last card is paid off if you make minimum payments only without making purchases which one you're incapable of when you have room to spend and two you're incapable of also making your minimum payment but go ahead let's pretend perfect world you make your minimum payment don't purchase how long does it take the payoff it's probably 20 years 30 years 11 years which is still horrendous but Yeah, it's still horrible.

45:5311 years is a long time. A$528 minimum fee. But what's it normally? I'm assuming this is because it's also late. You're making it worse, though. Okay, how about this? Tell me what your plan was. Because we've been not paying for two to three months. What was our plan? Because the catch-up was insane. The catch-up payments on these would be insane. So what was the plan? Obviously, you don't have a plan because you don't know about a single fucking thing. hopefully soon I can pay off a little bit on the payday loans. That's our plan. That's what's ripping me off. Our plan is making payments that we're not paying.

46:27Come on. How are we making payments? What was your plan going to be? Using our tax return? Pay off the payday loans as fast as possible because those are taking out, like one of the payday loans is taking out like$800 a month,$400. With the tax return? Are you making payments on the payday loan? On the payday loan? Yes. Okay. Payday loans are all of it. Tax return? Yeah. I appreciate. Has it hit yet? We're waiting on it. How much? It's going to be like four and a half. Child tax credit. Yes. Hell yeah.

46:59And I'm going to use some of that for one of the loans. The Southern United States, ladies and gentlemen, every single time. Yikes. Is that the only reason we kept it to term? Kept what to term? Oh my f***. Yes Because he's covering her face She can't even

47:26What the New Louisiana Let's just call it Let's call it Let's go down to 49 49 what Oh Oh

47:45Oh, fuck. Jeez, kill me now. Lindsay, what have you brought into my office?

48:02Stay at Chick-fil-A. And that's not a bad career. That's not an insult. I love hospitality. I'm just afraid of you being on something different. And interviewing for it. Okay. So the Apple Card, what were we putting on there? What's even the limit on the Apple Card? Do we know? It was three, but then it got up to four. And now we're at 426, so we're above the limit. General spending. I mean, I'm told we're getting like air fryers and appliances and washer and dryer and dresser and TV and dining table and chairs. $1 ,000 for that,$3 ,000 for the other,$800,$500 for decor. Well, that was spent all after.

48:42So we spent all that afterwards. Yeah, but closer to today. After I got back from Cali and she was paying the cards and I had got a job back at Chick-fil-A, I was making good money because I was a manager before I got demoted. Do people in California call it Cali? I tried to. I was going to say, I've never heard anyone in the world except for these two call it Cali. But we're very stuck on the Cali. It's Cali. California's just too long to say. But it's also what everyone else says. Okay, go ahead. I guess. And I started doing. When words are hard, we do try to keep them. Well, I started doing the snowball method, and I was able to pay down my utilization from like 80 % to about like 45%.

49:17He knows the snowball method, ladies and gentlemen. He knows the Dave Ramsey. He knows the financial audit. He knows the credit card channels. Yet he takes the information, and he's like, oh, people have changed their lives with that. Let us do the opposite. I guess it's just more of when we would impulsively want to go on a date or go and buy something at the store. Like, there was a time where we were spending a lot of money on, like, squishmallows and stuffed animals. And she would think it was cute. It's a squishmallow. It's like a stuffed animal. They're cute and they're huge. It's like this big stuff then when they're$30 a piece.

49:47Maybe focus on the f***ing sentient being in our house. Well, we didn't have her then. Yeah. Yeah, but it was definitely coming the way you guys were doing things. Definitely. Listen, the decor in your house was just ended 2023. It's like. She has to decorate all the space in the house. Has to? That's a need for survival. It makes it a home. You guys live there. A roof over your head is what matters. You guys, instead of a roof over your head, you're over your credit card balance limits. That's where we are. Okay? And I think maybe financial security for the sake of our kid is more important. At the time, I just wasn't thinking about that.

50:29I wasn't thinking about the future. Uh-huh. Clearly. but at that time i was in a mindset you have high limits you have income the minimum payments aren't that bad so you think you could just spend spend spend but then once you spend spend it gets to this point because yes you're not spending on this first two credit cards but you're already three hundred dollars over on both you can't spend you would still be spending if you could like that has not changed let's not try to be this has been listen You wouldn't be doing it today Your behavior has not changed In fact you've just deferred to something worse Fees That's gonna hurt your credit More money Having to pay Having to pay more money Okay Yep Just going further and further into debt Like with the late fees and the interest Listen I'm thrilled you agree with me on that point Everyone would you walked in here with that and did nothing to change that not even a day before so what the agree with me all you want to look good but you guys are doing this my goal with my next paycheck though is to make sure because i know after like three months they close i'm going to try to keep them all you know caught up to the point where they don't close and then hopefully i get to a point where i can start chipping more i've been working more hours so some of my checks have been upwards of more than 2 ,000, around 2 ,100.

51:55And then her working now, she said she's going to start, you know, helping catch up on the cards and stuff like that. Well, when we get back, we're getting a joint bank account to start. Yeah. That's going to be our start. And writing down everything. Yeah. Actually having a budget because the only budget we ever used is make sure the bills were paid even though they all weren't paid. How much do you budget on this 2018 TikTok dude haircut? We don't budget at all. I mean, I know that perm's expensive It's not a perm This is all natural Yeah, well Well, no, yours looks real Yeah How does mine not look real?

52:30Because it's almost like too much You know, it's just product And my hair's natural I just cut it too short of a lot My hair was like almost curly We're not talking about hair I don't give a I was making a little joke I can get these guys to go down any rabbit hole Except for the ones where they pay off their debt And take any kind of responsibility $84 of interest accruing at 26.24 % interest rate Huh? Continue. I heard something. I just... I'm just... What, epithes? Yeah. Just in disbelief, that's all. I feel like you guys communicate with each other in some language that none of us know. We do...

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53:51But the best part, Sound of Mind works with most major insurance companies across the country, so you don't have to choose between your well-being and your budget. Mental health isn't a luxury, but it is necessary, just like having an emergency fund. So start investing in your mental well-being today. Check it out at soundermind.com slash Caleb or click the link in the description below to get care from people who care. I guess we've been together for so long you're just so connected to a person. By blood, what are you? Capital ones. Hells to the no. We're not in Alabama. We're in Louisiana. You know, I always defer to the next one down the ladder.

54:31Oh.

54:34$854.91 with a minimum monthly payment of$81. No, what's the normal one? Because, again, this is fees. Probably around$40. It was like$30. All the capital homes were like$35,$40. Again, no spending. Why? Because we're$50 over the credit limit. $854.91 with the balance. Credit limit,$800. How many are you behind on? I stopped paying on all of them. So she doesn't know. Is she not allowed to know? No. Or what's happening? It wasn't until recently that I told her that I stopped paying on the credit cards. It's just I just, we just, he just, we just don't have conversations about our finances. We really don't.

55:20We just take care of our own bills. Listen, we kind of already went over the why he thinks he's not bringing it up. Again, I think I asked this, but I didn't get an answer. Why don't you try to take some initiative and ask? I just have other things to worry about. Yeah, I think whether or not we lose the roof of our head and have food on the table is a pretty important one. Diapers for the kids, pretty important. And the development of my child is also very important to me. Which we need money to do. And care and love. Care and love. It's hard to give that without a roof and food and water and utilities and electricity.

55:56Right. everything basically car to transport them in so why the f*** have you not you just don't care you don't care I'll ask every now and then but so what's the ask just how much is on this card how much is on that card how does this conversation go typically I mean recently the past six months it's really just been no conversation because they were maxed out and then I was just paying minimums and you said I would just ask if we needed groceries I feel like you're too accepting you're just like because you like the dude you know yay freshly married woo new kid yippee so it's like we're not willing to push back on anything especially out of our fear of confrontation I guess I just trusted him okay Ford Blue Cruise hands free highway driving takes the work out of being behind the wheel allowing you to relax and reconnect while also staying in control.

56:58Enjoy the drive in Blue Cruise-enabled vehicles like the F-150, Explorer, and Mustang Mach-E. Available feature on equipped vehicles. Terms apply. Does not replace safe driving. See Ford.com slash Blue Cruise for more details. And you still trust him? Clearly not. Clearly I shouldn't. I'm asking, do you trust him? Not with the finances, no. Okay, because he literally went behind your back. Yes, I know. Very disappointing. Thoughts? Very embarrassing. Embarrassed and disappointed in myself. She literally does not trust you. And it's just you're disappointed in yourself. Your wife does not trust you with money.

57:41And that's it. Little disappointment. That's all you feel. Just regret that I even went down that hole and never had those conversations with her. and never was open and honest about what we needed to do in certain situations, dire or not, when it came to finances. And I should have had those conversations, and we didn't. And, yeah, it was in a sense of, I guess, at the time I was justifying it to make sure she wasn't overwhelmed, but now I feel like it's going to just put us in a more overwhelmed state at this point. It is. You know? How does he win back the trust? Well, one, the joint account, so I can see everything that's going in and out, and budgeting and making a list.

58:20But he can always do things behind your back there. How do you gain the trust back? Joint's great, but he can do anything behind your back. I guess go through the statements, you know? There hasn't been any known cheating, correct? No, God not. Never, okay. Making sure. Well, listen, you took out payday loans behind your back four times. Well, that's different than infidelity. But it's in the same area mentally of like he was willing to do something pretty egregious behind your back. It was in a sense of not putting stress on her, though. I didn't want to tell her, oh, we can't afford the first month's rent on our apartment.

58:56We've heard your logic. I don't give a f***. You virtuous little defensible guy. Sure.

59:03Still did it. You still did it. Decisions were made. And now we're here. Bad ones. Real bad ones. Great. We can all agree. Fees. Fees forever. Interests forever. 29.74 % interest. And again, the date thing, it's not a couple dates a month, you know, out and whatever, getting a triple dipper. Like, sure, we can do that. That's okay. That's not obviously what got us tens of thousands of dollars into bad debt and not making payments. Okay? So that's not the issue. I mean, how often are we going? Well, now none. but you said dates got you into like this card's hole? Dates and just we enjoy shopping.

59:54Because how often though? Once a week? Once a week? Twice a week? Once a week going to a restaurant. Where are you going? What are you spending? We would go to restaurants and then before the restaurants we would go to like. Okay, Olive Garden. That's not horrendously expensive. Target, spend money there. Also not horrendously expensive. Yeah, yeah. I guess it's just like a pile of small things that just add up over time. Yeah, if you do it a ton throughout the week. If it's once a week, it wouldn't. Because one of our things is it's like always buying stuff that's like cheap or at clearance or less price, but then we buy more of it or a bigger quantity of stuff, and then that adds up to be more than what we would have spent somewhere else.

1:00:35Okay, another discoverer. Does that mean this one's yours? That's hers. Yeah, that one is mine. $9.93. actually under the credit limit and a minimum of the payment owed. Maybe you should be the one that's overcharged with the finances. I've never had a missed payment or a late payment. I haven't had up until now. Are you ever going to give me your guys' real thoughts out of pretending like you're not afraid of confrontation? Because this dude is f***ing up all the finances. You've never missed a payment. And we're totally chill. We're totally chill. I just feel like, like, at the point where I did kind of get information on our finances, it was too late.

1:01:15Like, we were already, so there's, I felt like there was, I had no control and I couldn't do anything about it. I know, but he's still not making payments now. Yeah, I know. But like I said earlier, I don't have the funds to fund him, like, unless my stuff's paid off. It's not about that. It's about the actions he's doing affecting your household, not about what you can do. you're not advocating for yourself at all or for the household or for the kid minimum is to pay for$37 interest is growing $21 takes 7 years to pay off at this rate yeah so what's up with this because this was honestly just stopped spending on this card pretty recently for it to be basically at the max that one what were we doing that one will be.

1:02:00That one I used when we got married and I used for our daughter's baby shower. Six months ago. Okay. Yeah. And a little bit after for a few things she needed. for your own baby shower? Groceries. Is that how that usually works? We've heard at our house that we were at. We don't really get much financial help from Do they usually pay for their own baby showers? Who usually pays for it? I don't know but I've never Well your mom didn't pay for the one I've never pooped at her child. You were at your mom's house. Also, there was multiple. There was two. A mixed one with men and women. It can be? Okay.

1:02:36Yeah. Well, she comes from an adopted family, so there was some separation. The one we threw was all our friends, co-workers and stuff like that. I just have one set of parents that raised me, but I have a biological side of the family. Did they have a baby to her? No, they came to our second one. They came to our one. Because we wanted to keep those separate. Yeah, it was. Why? Did they kill each other? It's a mess. No. They just, my adoptive side just hates them. Oh, good. Yeah. Very healthy. Toxic. That right there stresses me out. He pays for a$5 rat every month? We have a snake. Yeah, we have a snake.

1:03:16His name's Bodhi. You guys can't afford life. Yeah, but snakes are cheap. Yeah, and it's not going to fucking defend your house if someone breaks in. We got that right after high school. Still cool. Before debt. It is relatively cheap unless you have to upgrade tanks, that kind of, then it gets expensive. We already had the tanks. Yeah, upgrade. Sometimes they run out of space. We bought a new tank for them and I probably put that on one of their credit cards. Oh, yeah. When? That was, that was when we were in our last house. It was like, you know. Probably during the summer. No, it was like the beginning of us being in our house.

1:03:51We got a new tank. Yeah, because. Interest charging. We had the chickens. 27.2%. Of course we did. 27.24 % interest rate. Great. What the f - Okay You started the month above balance above the limit. So what the fuck was happening? You must have just been spending on this card. You started the month above the limit. On which one? The one we were just talking about. Her discovery. Yeah, I did. I paid it down. What were you spent? Give. Stuff for him. Give. Give. Stuff for my daddy. Give. Your phone. Your discovery account. Your phone. It was probably stuff for the baby. I'm hoping so, and I will vet.

1:04:38Oh, good. Back to your card next, I see, because there's no payment made. Oh, the internet connection. Why didn't you join the Wi-Fi? Just pass it that way. There was a QR code in the green room. We didn't know. Does he ever fight? Do you guys fight ever? No, we kind of try to avoid that. I get it, but at some point, it's important to have these tough conversations. Only really about our finances is the tough conversation. we really don't do things to piss each other off or try to nag at each other. Like cheating or... Well, that would be very active. That doesn't mean people don't fight. Well, no.

1:05:19I mean, my concern is that you guys aren't willing to ever have conversations at all about anything. It is scary. Okay, so the statement before this, here it is. There it is,$45 to spending. Credit score to you,$645. five uh no we went in the gas station got something and then we went to the candle smoke shop yeah for the baby exactly i knew that was gonna happen and tell me it's for the baby yeah uh-huh great so what do you get at the gas station monsters or smokes what did we get at the gas station that day we did get a vape at the smoke shop oh good why live long for our child I don't know what we got that guess Maybe snacks You vaping?

1:06:06I'm eight On low Sometimes Why pick it back up? You went nine months without Yeah I did No I did I did I did Okay So why not just keep it off? Why pick it back up? There's no reason to Mama is stressed Yeah you're gonna be more stressed When you have lung cancer or whatever And you It's definitely something we need to stop You do it a lot? I vape too yeah What do you guys spend on vape? Maybe$20 every two weeks,$40 a month. Buy one vape every check. Fuck, dude. All right. Capital One must be yours. Like I said,$645.75. Minimum monthly payment, what is it normally? Those were usually$25. Okay,$25.

1:06:56Right now,$72 because we're behind. Interest accruing. fees being charged above the credit limit$645 700 with the limit being$601

1:07:20past do fee sake what are we putting on this dude this card this cards only a couple years old. Is that the platinum? We immediately maxed it out. So it's Capital One Platinum, yeah. Platinum. I only knew about three of them. Every day spending gas. How's due? I'm being told date nights, yes, but door dashing as well. Yeah. In our old house, we weren't cooking at all. I wasn't cooking at all. So we would door dash at night. I would go pick up canes. At night, I would pick up food on the way home. Especially towards the end of my pregnancy. Her pregnancy. Just the convenience. Anything she wanted.

1:07:58No lie. I was getting it for her. Easy, convenient. And the cards were probably 80 % utilization at that time when we were spending on them. Definitely. Okay. So we bought it to the max with all our door dash. And then once we were at the max, couldn't spend any more money, we decided not to make payments on them. And now fees are accruing. It's a 31.24 % interest. Great. Oh, for f***s sake, we have a credit one. That's the worst of the worst. So that's when we know we're f***ed. Showed up in the mail and you're like, yeah, let me destroy my life. Great. Oh, good. It's maxed out by over the limit$110.

1:08:40So balance$410.79 with a minimum monthly payment of$60. No, that was the past due. It was usually$30. Usually 30. We owe double the payment plus more. Oh, no, because minimum fee payment is now 129 because we got late fees and then regular fees and then interest and... F*** you, f*** you, f*** you, f*** you. What did you put on this? Probably more bulls***, dumb things. Stupid vapes and bulls***. You just opened this one last year. Yeah, that was... This one was just opened like a few f***ing months ago. What are we doing? And it's over maxed out already. You're okay with this? No. What are your thoughts?

1:09:24Because you're so passive. I'm just baffled. Like, I just don't know what to say. Like, I'm finding this out with you. Yeah, but you're just going to accept this forever. No. You're never going to push for him to change his ways because you never confront. You never confront. This is going to be allowed to continue like this forever. Without you standing up and slapping him into fucking shape. I feel like when I do confront, I just get a lot of excuses. Well, yeah, that's all he's been doing this entire conversation. So it's just... Yeah, it takes some accountability for your actions. Be a f***ing, you know, adult.

1:09:56I just know it stresses her out to have conversations like that. It stresses you out. Yeah, maybe it stresses you out. I think it stresses me out to have those conversations. Maybe you're a little pussy. I'm just... Not a pussy. Scared to have... He's acting like a pussy. I guess it's more of taking the... He is in his actions. You're saying he's not? I think it's more of just... Look, he's not willing to have a conversation with you because he's scared. I think I'm just scared to take that accountability from you and being held accountable. Not only that, but you need to start f***ing participating.

1:10:27You need to be checking in on the overall finances, not just a balance of one account that you want to spend on. Yeah. Yeah. Okay? You guys need to be sitting down and start multiple times a month probably. Almost weekly, then go to bi-weekly, and then go to monthly. Okay. I mean, again, all this would be automated. You'd know it all if you had the f***ing budgeting app. Yeah. It's all fucking automated. It's there. It tells you everything. I just, with being in so much debt, I didn't think it was a smart thing to get another monthly subscription or something. Yeah, but it's a monthly subscription that people have that then they pay off tens of thousands of dollars in debt.

1:11:05And it costs us money to have it every time you connect an account. So yeah, every time someone has a free account, it costs us money too. So yeah, there's going to be a subscription. But people subscribe. you know a few bucks a month and then they pay off thousands of dollars it's good math yeah no that one was a dumb one to take out all of them were that was one of the ones where you just go on credit karma and it's like oh you're approved for this one so you just take everything you're approved for and instead of paying for a monthly subscription that helps you you get vapes you and the vapes yeah me and you living past 60 when you have a kid that's a weird no I agree it's something we need to stop but you don't words are great guy actions let's have those for a change okay must be yours because oh this one's even an extra bonus we are above the credit card limit of course because you know It's the Quicksilver.

1:12:13But we also purchased. We also purchased$15 with six. What's your normal monthly payment? $25 probably. Good. I don't know what the purchase was, though. I'm about to tell you, if you have a little bit of patience, calm down. $334.56 balance. Fees. Interest. you went into circle k and got some both circle k it was probably gas maybe I don't go inside of circle k's I only go in race tracks it's possible I don't know I'll take your word for it but you still put an iron credit card that is now over max that you can't pay off that is green it's just that you're not making minimum payments on which means it is accruing fees you're doing that

1:13:08Here we go The big daddies The payday loans What's the balance of it now? Do you even know? What they were when I got them? Now! How about now? Because we're talking about now and I also said now I financed$500 I don't give a f*** What's the balance now? Total of payments is$1 ,900 You don't know the balance

1:13:35How far When did you get this Which one is that Oh yeah I just showed you Like credit ninja Buddy I just Showed you Take a look again You prove I took that one out That's the The one she didn't know about That I took out When we got into Our new apartment When Did you take this out Was the question November January Oh December or January This year? Yeah. Oh, good. Okay, so the balance is going to be like... High. Yeah. Yeah, it's probably like... I don't know. With the finance church and the bullsh**, listen, it is at a 547.87 % interest rate of death. Death. I didn't even see that until I looked at the statements.

1:14:20For all$500, pay$2 ,000 back. I don't know. It's probably at$1 ,000 now with the interest in the bullsh**. I'm just going to say it. Oh, f**king... I don't know. I don't know. I don't know. You don't know. You don't know. I definitely don't know. Well, here, let me tell you. The minimum fee payment is$108.84. Every check. That's biweekly? All of them are. You. Everyone is biweekly. Oh, God. That's why I said one of them was a$400 payment. You have a little reaction to it, but you're passive. You just allow this. You allow this. You allow this. I don't allow it. I didn't know about it. You know, if he cheated on you, and he's not going to, and I don't think he would.

1:15:04I would never know. Actually, I don't know. He is in that kind of realm of whatever. Either way, let's pretend he's not. If he did, he would just be like, I don't know. That's it. That's how the conversation would end. That's it. There'd be no talk. There'd be nothing. And he'd be like, I did it. so that I didn't hurt your feelings by asking for more sex. It was already a lot having to move out with a month-old baby. You're right. He'd use that excuse for why he's fucking someone else. And I wanted to make sure we had a roof over our head, and it was a dumb decision to use payday loans. Oh, am I hearing the same thing I've heard 10 times?

1:15:44Yeah. Oh, good copy and paste. Good, good copy and paste. Well done. Keep it going. I just wanted to make sure that bills were covered. It was all used for, none of it was mindless spending. it was used for rent and things like that, but... Enough with you. Quiet now. They're telling me, the producers are telling me that your wife, what is it, Dolores? No, Bianca. Who knows? Sue is some weird southern name. Doesn't know that some of his money went to getting a dog. Some of this money. I don't know. That you approve of. Yeah. Payday loan for dog. But like she said, somebody had broken to our house, so she wanted to make sure that there was something there to keep company and have like just awareness because the dude was just in our house.

1:16:38But you pay, they loaned it, you f***. I get it. That would scare me too. I'd probably get a f***ing gun over a dog, but I get it. I mean, people still break into houses with dogs because most dogs are just f***ing. They'll just sit and get back. I was sitting on the couch and he just came like behind me like there was no. I can't grab a gun in that situation. He took my deodorant. It was a kid that was like sleeping. He didn't have no time to rob me because I caught him in action. I turned around and seen him. Did he need it? I don't know. They said he was sleeping in other units. The kid was like 16.

1:17:12We pressed charges and everything. We don't know. Rinse takes your laundry and hand delivers it to your door. Expertly cleaned and folded. So you could take the time once spent folding and sorting and waiting to finally pursue a whole new version of you. Like tea time you. Mmm. Or this tea time you. Or even this tea time you. So did you hear about Dave? Or even tea time, tea time, tea time you. Mmm. So update on Dave. It's up to you. We'll take the laundry. Rinse. It's time to be great. They said they had to find a guardian because he didn't have parents. But pretty much I had left for work. Well, if you press charges and you haven't heard anything, then nothing's happened.

1:17:52But I left for work and then he apparently got in the back door somehow without breaking anything. And she woke up while the baby was still in the room. Very spooky, very spooky. I get it. Listen, but a lot of dogs, I mean, this is what happens. Let's just be honest today. I'll probably just be like, oh, yay, a person to pet me. Yeah, but at least like you would know someone it would go to the person like she had no idea He was just sitting in the third bedroom for 20 minutes, you know, so we took out a payday loan That is very scary. I get it They're telling me you didn't even leave work when she called though and said there is someone in my house with our baby It took a second because uh It wasn't even registering in my head.

1:18:35There we go. Well an actual emotion for once in her life Yeah, that kind of pissed me off. Because, I mean, I called him and said, the door is open and there's shoes pointing in. And he was just like, yeah, I don't know. Maybe it's like the homeless dude. I didn't know. But the door is open. And, Granny, this was a meeting right when I got my promotion back and I was going to the meeting trying to, you know. Yeah, there was not a single manager. There was not a single manager that would not understand. They understood and I left. And I was the one that called the house. After how long? Because it sounds like not.

1:19:04She called two minutes later when she actually realized Yes, he was in the house and walked out. After he ran out. And then I called the cops on the way there. Or after he skipped around my rug like he'd been there before. And he just shushed me. Like I turned around and he said, shh, skipped around my rug, gave me a little smile and shushed me again. Over the past year and a half, my team and I have worked with experts to create the literal best for financial education programs on the entire internet. And even with a full month for a money back guarantee, we have the lowest refund rate in the entire industry by far.

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1:20:16And to learn more, just go to CalebHammer.com or just click those links in the description below. Man, he was just f***ing around. He was honestly just entertaining himself, wasn't he? No, honestly. Yeah. Because he didn't steal anything. No. Yeah, had an iPad. Asked for the day over and took the people. No, he took it. He just wanted the thrill. Hey, go ahead. Get some charges against you. Maybe. I don't know. When did this happen? In January. Middle of January. Okay. But yeah, it doesn't justify that. All right, so that's a horrible payday loan, as I'm sure these all will be, because here we go.

1:20:45The payday loans. We continue. Yeah, this one's at worst. 779.68 % interest rate. What the fuck? What are we doing with our lives, guys? When did you take this out? Is it Lucent? Whatever the name is, I'll be able to tell you. Bear Claw. Bear Claw? Bear Claw. Credit Ninja? Bear Claw. All right, I'll have you look at it. But it says Bear Claw. This might be the Lucent, yeah, the Lucent Cash. So I took this one out at the same time or similar time. Oh, good. For what? It was for electricity. Mm-hmm. Well, we still spent all our dumb spending. Okay. Yeah. And rent. Because the Credit Ninja one as well was used to it.

1:21:29We still spent all our dumb money. Okay, this one's probably at$1 ,000 too then, because it's basically the same. It's just a$500 little... It's insane. You're going to pay back$2 ,500 for this one. What the f... This one's$136.33 every other week. Yeah. If I had no morals, man, I should have just gone into the payday loan business, let me tell you. This is delicious money.

1:21:59$272.66

1:22:06Did you even know what you were signing up for, man? No Why? Why didn't you ask? You didn't even ask What did you think was happening? Everything was online There was no calls or anything It was an online application You didn't like Google it or GPT it? Like what would be happening? Grock it? Anything? You could fucking Chinese, blue, whatever it Like, you can learn about anything these days. One of them I knew was like a 200 % interest. And that's okay. We're okay with that. We accept that. And the other ones I didn't look into it. I wasn't even aware until I printed those PDFs out and realized how horrible the interest rate and why the payments were so high.

1:22:43Have you ever cried? Have I ever cried? Yeah. Here and there, yeah. I cry when my daughter was born. Out of pain or excitement. I love it, I both Okay, but do you ever, like, sad cry? No, not really I grew up with, like, all brothers So I'm pretty tough, like Is it tough or is it I am more the emotional one Something No, I just Because you don't seem to experience emotions I do experience emotions But I just, I don't know I don't cry, I don't like to cry Who likes to cry? Crying can be good I mean, yeah, just take you a nice relaxing bath She'll cry, like, when she gets overwhelmed with the baby and stuff like that at night.

1:23:26No, that's crying. There you go. That's something. She does still cry. Yeah. That's still crying. She's not just emotionless. Make sure you're capable. Well, yeah, of course. Of feeling things.

1:23:39Some people don't. Sociopaths, maybe. Well, I didn't want to say the word because it comes across a lot stronger because you would think I'm like throwing something at you or is this more of a medical term? But I'm not diagnosing, just asking. Oh, yeah. Let's continue with the 200 % interest rate loan. So this is the one you understood the loan. Okay. So this is... Cash net. First electronic bank or Ninja. Oh, no. Credit Ninja. That one was... When did you take this out, my dude? Took that out right when we moved into our apartment. That was the one I used. Buddy, I don't know when the f*** that is.

1:24:13When did you take this out? It was... End of November. End of November, December. Okay. Thanksgiving. I'm guessing this one's probably at like$2 ,500. Yeah. But you're going to pay a total for borrowing$1 ,400, total back of$4 ,500, minimum monthly payment. It was a long episode, isn't it? $226. So what was this for? Because this was a very different time. Because we moved in literally Thanksgiving week. Our lease ended. Okay, let me ask you something. And our new lease ended started. Let me ask you guys. because my fear is with how you guys are doing things and, you know, not budgeting. Have you guys ever been close to losing a roof over your head?

1:24:58This is what's coming up in October. See, there you f***ing go. You almost got evicted? Yeah. See, there we go! See, that's exactly what the f*** I'm talking about here, guys. And then you're just prioritizing the f*** all. It just doesn't make sense. Of course you've almost been evicted. before 21 and you've almost experienced an eviction come on what are we doing you have a kid and by the way at that time you at least knew there was a kid coming we did well we didn't know until literally a month after we moved into the house but then two months the friend didn't pay his obligation or stopped living there doesn't matter we've already almost faced eviction Yeah Come on We're f***ing around with our money The way And now what is raised Like we don't know if we're able to stay in our apartment now Because he makes too much Go to a f***ing two bedroom Did we not have this part of the conversation Do we have to loop?

1:25:56Are we looping? Do we have to go back? We go back in time? Yeah but our debt to income ratio Like you have to make three You're right It's Yeah And that messes up the three times rent Because I'm paying so much on debt No you're gonna have to shop around like crazy You're going to have to shop around like crazy. That's why we were only able to get an affordable housing apartment. But that was before your race. We were probably going to have to mom and pa landlord. But honestly, they probably won't trust you. Why would they? They're going to look at your credit and be like, oh, this guy.

1:26:25What's the rent going to go up to? What would rent go up to? Or they just kick you out. They would. I don't know. It says it auto renews. I have to look at the lease and see what we would have to do to renew it. Or if they reach it. When is it up again? October. Okay. We have a little bit of time. October. Okay. Okay. Okay. So we almost experienced eviction. Me. First month's rent, payday loan. You're going to do it again. Hope not. What are the other options? Where's grandma, grandpa of any side? Both in Lafayette. Yeah. We all have our families. Okay. We have our families. Down there, yeah. Do they work full-time?

1:27:08Yes What are the ages? Mine are in their early 50s Mine too But they work full time All of them My parents They knew the situation We were going through From house to apartment They offered to take us in If we Because we literally Got approved two days Before we had to One thing we might have to do A couple days a week And I know this is hard But we might be Dropping off the kiddo At one of the grandparents' Yeah we're trying to In the evening And then you're Picking up a job I know You're getting back out there Unfortunately I know It's a hard situation but you guys have put yourself in this situation.

1:27:40Like this is what you guys have chosen. I've put us in this situation. Okay. Okay. So is that the only, is that the rest of the payday loans? Okay, well I have a 32.88 % interest rate loan of something. That was, that whole loan was used for the security deposit of the house that me, my friend, my friend had said he was going to have the money to go in and he didn't. So I took out that loan.

1:28:09Because if I hadn't, we wouldn't have gotten a house. I mean, but in that point in time, we really didn't need to move into a house. I know. We couldn't afford it. I just, I don't know. You guys just finance everything. This is what are we doing? Okay, one main. We're doing it on the assumption that Andrew was going to be paying his half, and it would have been at what we're at now. But then also cost of utilities and everything else. $1 ,670.61. An monthly payment,$79.57. The interest rate is crazy, and this is going to last forever. You guys had no plan. You were just hoping. You were just hoping.

1:28:53And you agreed to all these debts that have been taken out other than the payday loans? Like you guys sat down and talked about them? No. No, not really like cold conversations. No. What the f*** are we doing here? Not since he was in Cali. California. What the f***?

1:29:15Nope. How are you guys going to make it? It's scary. It's scary? That's a great response. This is going to be our turnaround.

1:29:29Now with the actions you guys have shown so far. On the yellow brick road. The producers are calling this guy a monster. Oh, wow. I wasn't going to say it, but one of them is saying that you're a monster dragon or down. That's their opinion. Beauty and the Beast? They turn out good. You're also incapable of advocating for yourself. You just don't give a shit anything. You don't give a fuck. You just let everything happen. We should have had more conversations. It's a lack of—we're scared to communicate about it. And this is our first time really having conversations about it, and it's uncomfortable, but it's the uncomfortable conversations we're supposed to have.

1:30:14That was the first payday loan I took out. That's great. Okay. When was this? Right before we got—well, it was during the eviction situation. I used that so we didn't get evicted. Buddy, you do not know how to say when when I ask when. Oh, my gosh. This is also f***ing recent. Okay. On the balance now, at least I can see the balance on this one, it's$2 ,929.84. Can't even see the interest. It's probably insane. The minimum monthly$3.85, or is that biweekly? Biweekly. $3.85 biweekly? Biweekly. Whoa. Biweekly. Once we clear it up, like, we're going to— Once you clear it up, good luck, though, lady.

1:31:02Yeah.

1:31:05I don't know, man. That's the one I was talking about. Why did you choose not paying the credit cards over not choosing the payday loans? Well, the payday loans, they're, like, taken out of my check automatically. So, like, most of them I can't go and stop. Like, you've signed up for those. I can't even stop the payments on them. They don't let you miss, like, skip a payment or, like, pay later. None of them. $770.60 a month is the minimum payment on that bulls***. The f*** are we doing? Good. You guys have put yourself in a perma cycle. It's bad. It's bad. It's rock bottom. But at the time, it was...

1:31:50We had the baby just born. We're trying to move. It was impulse. Let's hear some excuses. He says, go ahead. You're a professional at that. That was impulsively done. Let's ramble it off. Is this what he's like every day? Just excuse, excuse, excuse. Never fucking want.

1:32:06I don't even have a silver chain. You don't even have a damn chain. You have like a fucking steel chain. Not gold chaining or a silver chaining or steel chaining. That's what I'm dealing with. A steel chain kind of guy. Well, good news. You can actually borrow more on this if you wanted to. Never. Yeah, it's at a 300 % interest rate. Yeah. Oh, fuck. Yeah, one of the producers said that it was one of the most episodes they've ever worked on in terms of finances ever in the history of this show. It was the first for everything, I guess. Not proud of it. See, that's what the— How the f*** do I deal with that?

1:32:56It's just like, you don't give a f***. I do care. I mean, it's just, we're in it already. It's just now time to get out of it. Get our plane. But how? You're in a vicious cycle that you cannot get out of in your spending, which we haven't gotten to yet, but we will, is not allowing you to. Cut. Cut back.

1:33:21Yeah, maybe you should have done that. We have a lot, though. This past year, we have a lot. Out of force, you can't spend above your limits anymore. Like, you're just incapable of spending, like, because you are literally not allowed to. Like, it's forced. It's not behavior. You get the money back, you'll spend it. Get the fucking credit limit raised, you'll spend it. That's what happened. Discipline. We just need discipline. Accountability of each other. Yeah, you guys are saying great buzzwords of what you need to do. I wish you guys would do any of it. like like what the we need a term for this like it's an accountability trope that you guys throw yourselves in you throw out the words that you need to say but then you don't do anything it's like now that I'm realizing the severity that's now yeah because we've got no point you were the self-appointed head of the financial household you should know not every number down to the cent but at least where interest rates stand minimum payments the overall balance of all the debts.

1:34:24Oh my f***, is this really another f***ing debt? Are we seriously going snap finance? What even is that? I've never heard of that. That was our couch. What did you buy the couch? Oh, f***ing man. Moved into our house. Are you a little f***ing tit? You a little f***ing tit. What are we doing? We also have a washer and dryer payment. Remaining amount for maximum number of renewal periods. Remaining amount for early buyout option. You're probably not going to do the early buyout, are you? No, it's past 100 days. So what's the balance on this? Like 300 left. I think it's 554. Last time I checked, I think it was.

1:35:11I'm putting 554 because I don't trust you. And 50 cents with a minimum monthly payment of$92.42. and that comes out bi-weekly how much was the damn couch $1 ,400 then why was total paid today oh because of interest$3 ,000 so you spent$3 ,000 on the couch guys by the end$3 ,500 on a couch yeah yeah Facebook market sounds real good right now

1:35:44just so that just guys I don't know what to do what are you gonna do if you ever do move again you'll just do this again you won't have learned anything is this budgetable? let's find out I'm so curious what the f*** even is this? invoice for professional midwife oh yeah that's our fee for for our daughter because we did it on a midwife she had a natural birth and I was only able to pay why? because that's what I wanted sure and now you owe a shit It's funny instead of putting your kid's future ahead. I think a doctor can do okay. And your insurance would mostly cover it. Your copay, you know, deductible.

1:36:23Who knows? She just wanted to make sure she had a safe environment and we had the conversation with the mother-in-law. Historicals are, you know, hospitals are historically not safe. They're just very loud and bright and not very welcoming to a brand new baby. I get that. And now... We don't regret it. Of course not. I doubt you guys regret any of this, which is the problem. Because the fact is, you guys did this, which I'm okay with you doing this. You did this while taking out forward payday loans and a ton of other... You couldn't afford it. It is as easy as that. You guys chose this, and now you owe this.

1:36:58Are you on a monthly payment? I haven't paid on that in like four months. What was the minimum? What was the minimum? No, it was like... 200, I was paying. I thought it was like 175. 75, but I was paying 200. Yeah. 175. But the balance on there is what we owe. $5 ,790.72. Is there interest on it? No.

1:37:26What are we doing, guys? Is this another one or is this the same statement? That's the same one. It might be if there is interest, but I don't think there is. I don't think there is for the first two years. or something like that. Yeah, there was two separate accounts. They were combined. Oh, my. Ah! You. Extra value meals are back. That means 10 tender, juicy McNuggets and medium fries and a drink are just$8. Only at McDonald's. For limited time only. Prices and participation may vary. Prices may be higher in Hawaii, Alaska, and California and for delivery. Creatures. Money owed to family. $740 for what?

1:38:08That was probably around the eviction time in September, October, where I was asking family members for money. $740? Are you paying them monthly or what's happening? And I pay my biological dad for my car$300 a month. So that's probably what some of that is. Well, we'll talk about that in a second. Are you paying your family monthly? Right now, I'm not paying anything. Do they want you to? They haven't. They said whenever I have the means to. You'll never have the means to with your spending. Good luck. Money owed to Cash App. For fin why? That was just a borrow that I have on Cash App. Oh, is there a minimum monthly?

1:38:51I think it's like 20. But it's like just a flat fee, no interest. So it's like the$5 fee on the$100. I'm sure there's, yeah,$5 fee. That's what it is. And we have this Stupid little Tit of a Car to our dad So is it in his name Or your name My car Yeah It's in my dad's name Okay so it's not in your name No But I just pay on I'm not putting it on the debt Okay Because it is not a debt In your name to But what is the balance It's about 6 ,000 Good Great What about you What's your car situation guy I drive her car Yeah She stays at home Yeah. Right. I think I got a year left to pay it off. Okay, checking it out.

1:39:36Here we go. Balance is$16. How the f***? How the f*** are we surviving off of that? Usually it's under. That f***ing overdraft. Oh, my f***. No, guys. No. The immediate overdraft is the f***ing immediate tit of an overdraft. F*** me. Don't charge me$100 in overdraft fees. yeah because you're spending money you don't have your yeah i mean four five thousand dollars came in you should be able to manage that and then overdraft fee a second overdraft fee good new parents barely in our 21s Also according to TikTok An infant child Both of you Oh but Oh guys Oh you won't F***ing believe I'm gonna F***ing kill someone You won't believe this But guess what Why are we overdrafted For a F***ing DoorDash Dash pass F***ing End it all What are we doing Zelling out 600 to who It might have been To pay back my brother From when I owed him What I owed more And I paid him back For why From when he had helped me with the eviction time before I took out the payday lunch.

1:40:56Oh, my. What was happening during the eviction time? Why did you not have money? Because you were making money. Well, at that time, it was about three months into my demotion and my hours got cut. So my pay-in hours were short. What were you making on a monthly basis not during your demotion? After my demotion, it was like$1 ,200 a check. Cool. Congratulations. You probably still had enough money. Even more congratulations if you actually budgeted. even extra congratulations you would go pick up a second job oh geez cash out 300 to what probably the same thing to the brother or a different family member probably my father

1:41:39because if i was ever short on electricity or something he would send the money to make sure we get him back on and then he goes and spends money at chick-fil-a oh but he gets overdraft to do it he gets overdraft to spend money out of work oh yeah and then roku we're spending money at roku while we're getting overdraft apple bill apple bill apple bill hulu thanks we're doing hulu when we can't afford to take care of our damn newborn kid smoke shop good feel the addictions instead of our child's future in the roof over his head while we're getting eviction notices and zelling out$15. Both of you pull up your damn phones now.

1:42:22Now! Now! Oh, my fuck. I'm getting a fever from this one. Listen, when you're ready to go back, I'll give you a course career certification so you can get... Just give me your phone! Give you a course careers thing so you can make some money. Yeah, give me that s***. Am I going to find Tinder on his phone? No. I hope not. She's not even confident at this point.

1:43:02Apple Music. Wait, this is, whose phone is this? Mine. Okay, period. Tracking. You don't need that right now, so I don't know why we're paying for that. a ton. It's only once a year, so I mean... Great, so cancel it before it renews. Also, doesn't the Apple Health app do that? Then Glow Baby Tracker and Grow. That's to track like feeding times, amount, sleep, everything for the baby. That's for our daughter. Development is important. And then him, Chronicle, Bill Organizer, use our app. That I should have canceled. Better. Apple TV Plus, great. And then he's paying for Gmail. Probably storage, because I ran out of storage.

1:43:39Well, I was paying for AI... image editor, DaVinci, and TOR Browser.

1:43:47It's still taken out for that? What is TOR Browser? Tor Browser. That was something my brother had used. It's just a little app. For what? The Tor Browser. What do you do on there? At the time, he was buying marijuana and stuff. And what do you do on there? I got some marijuana with him. Uh-huh.

1:44:11You don't care about anything. He's a grown-ass man. What do you want me to do? Also, I feel like he's hiding a little. I don't think it's just weed. She is familiar with my brother in the Tor browser. Yeah. She's familiar with that. Yeah, I knew about that. But I mean... I didn't know I was paying a subscription for the Tor browser. I'm supposed to be taking care of you. I'm an independent woman. You're a kid. You're independent? You don't have a job. Shut the f*** up. I babysit. Yeah,$500 a month. Good luck living off of that. Hope it goes well. For fuck's sake, guys. I don't know what you're doing.

1:44:47Okay. Handy balance. $72 in savings. We're doing so well. $27 in this checking account. Zelenow. Payment to cash out. Target. Target. Get a bull. Target for that one. That's$5. No way. That's a necessity. Apple bill. Breox minute. Prox minute. Brock's Minute. B-R-E-A-U-X Minute. Rose Mart? Rose Mart. That might be a local store that we have. Yeah. $6.71. That was a necessity. No, I think that was tacos. I think that was cheese. Oh, you were making that. Yeah. Apple bill. We had the meat already. Potential bull from Target. And then transferred from savings because we didn't have enough money. And guys, we're not overdrafting on this one.

1:45:33$45 in this checking account. And there's the transfer into the checking account. No retirement to speak of. No. Nothing. No savings. Right.

1:45:46Is this one budgetable? I don't hate you guys, so I'm going to make a budget. But I don't have a lot of confidence. I think you guys have fucked yourselves by not being willing to make sacrifices in the past. Yeah. Minimum monthly debt payments. It's insane. Income again,$4 ,300 net. Debt,$2 ,230.93. What's our rent? $1 ,093. What is our utilities, including internet? $180. Gas, vroom, vroom, drive, drive. How much on a month of this is? $40 a month. Car insurance. We don't pay car insurance. No, my dad does that. Okay, what's your car payment though? $300? $300. Put that there. because it's to your dad, even though it's not your name.

1:46:41$40 for gas, so you do not really drive. No, I live two miles from work. I go to work back. Maybe you should have went home quicker when someone broke in. Necessary food,$600. Or is she tit only, the baby? We just switched to formula. Just recently. Okay, how much for a formula on a monthly basis? Probably$80, two cans. Okay, output food is$700. Use our cookbook, meal prep, cook on a budget, cookbook. Again, sign up for annual. We'll get you that signed right to your doorstep. Only way to get the cookbook. Physical. TP fund,$150. Anything else you need to survive, going to actually do that to$200 because the kid.

1:47:17Medical health care. She has private health insurance through her adoptive. I don't have health insurance at all. Well, do you have to pay for it? Oh, no. Oh, so he does. Yeah. Okay. You don't have health insurance? No, I lost my Medicaid because I made too much money. Good. Get health insurance through work. It's like$300 a month. Yeah. You need health insurance. For the sake of your kid and wife, do you have life insurance on you? No. Do that. Take it. It gets hit before. I'll mark your total income as$400 now. $4 ,000 because you're getting health insurance. Okay. Co-pays and stuff though? Medications?

1:47:57Anything? Monthly basis? Co-pay for the kid? No. Okay. No. No subscriptions. Pet food, how much? Probably like$25 a month. Stop smacking your damn lips. $25 a month. Gym? No. We have one on our apartment complex. Enjoy the metabolism when you have. A phone bill? $170. Now that we're with T-Mobile. With a new plan. Because we got close. Uh-huh. Anything else that needs to be on your budget?

1:48:32That guy can think of? Yeah. My car's... Huh? Just my car. That's the only thing I can think of that comes out of my car. Well, yeah, you guys are under. Why about$1 ,000? Which you wouldn't have been until you took out the payday loans, and you did not need to take out the payday loans, but you did. $4 ,938.93 in order to survive. This is what I would do. Three options.

1:49:03Three options.

1:49:07Okay. Option number one, the one that builds the discipline that I think is going to give you a better outcome for the rest of your life. That is mommy and daddy watch the kiddo for a few nights of the week and you go work a second job. We try to bring in an extra$1 ,500 net. So you're actually going to be working a lot, a decent amount in the evenings. You're going to be doing that$500 towards debt. We can start paying down debt. It's going to take a long time. with that$27 ,000. It still takes 52 months or four and a half years. And that is quicker than these other options for what it's worth.

1:49:40So four and a half years, then you get an emergency fund and we start investing. That's okay. We're starting in our mid-20s. That builds discipline for the rest of our life because you have to budget in order to be able to accomplish this, right? Because you're living on your necessities and you're going crazy for a few years and it doesn't matter because the kid won't be forming memories until you're done anyway. So it doesn't even matter, okay? Okay. Not talking about trauma, But I'm talking like No wonder if we would have to pay for like daycare or something Because I Both our parents on both sides work I know that's what you're doing in the evening They I mean yeah I can just find something that I've said that three times Yep That's what you're doing because you want to survive Then there's another option The shorter cut option And it still requires you bringing in a few thousand bucks But that's bankruptcy It's going to f*** your credit.

1:50:29You won't be getting home for 10 years. And honestly, people will ask you if you declared bankruptcy for the rest of your life. But it won't be on your credit for after like 10 years. But even still, typically a shortcut option because you don't have to change your behavior to declare bankruptcy. You can go right back into debt and there will be debts that you can open right after bankruptcy. I don't advise this option until you have at minimum at least changed your behavior. And the best way to do that is, again, by proving the system. And by proving the system, you're out of debt in four and a half years anyway.

1:50:57And then the next option, don't pay the credit cards. Let them go to collection, but that's your credit for seven years. Good luck ever getting a house or anything in that time. And again, paying off debt is four and a half years. So I would rather do that anyway. Pick up more hours. I know that sucks. Put in strain. I get it. Pick up more hours. You work. You don't see each other very much for a few years. But this is what we have to do. It's this position you guys have literally put yourselves in by choice. And now you're here, and it's time to deal with it. Correct Join us in the post show Lindsay's been giving me looks that she has something juicy So I don't know what the fuck is going on But join us in the post show Sign up for the Elite version where there's more content than any other YouTube membership That exists on the platform Thousands of hours, extra shows, a lot of things Let's get that Hammer Financial score though Expending the budget Did you overspend?

1:51:49He spent$5 ,163 Payroll is$4 ,010 So, 0 out of 10. Debt. Well, everything besides IRS debt. So, basically, it's as bad as it gets 0 out of 10. Emergency fund, nothing, 0 out of 10. Retirement, nothing, 0 out of 10. Real estate, nothing, 0 out of 10. As one of the producers said, saying it was like the worst they've ever seen. Yeah. Hammer financial score, 0 out of 10. Come on, guys. Join us in the post show. And if you don't want to be like that, make sure you download the Simple Budget app and take the annual version to get that cookbook signed and sent to your door. See you in the post show.

1:52:25No more babies! Definitely not. Do you guys not understand what you're doing? Might create a child. Are we not clear on this? Isn't there another dad? We just don't have a statement for it? I wasn't able to log into my account. How much do you owe? How? Yeah, you have to go make$2 ,000. So you're making your wife have to work for her. You're going to have to work 80 hours while she works 20. I don't know what we're doing. Elusive members content. Click the link in the description or pinned comment below. and watch thousands of hours of extra and uncensored content.