I’ve Never Encountered This Before

0:00This is a real good story about Bronx and his dad Ryan, real United Airlines customers. We were returning home and one of the flight attendants asked Bronx if he wanted to see the flight deck and meet Captain Andrew. I got to sit in the driver's seat. I grew up in an aviation family and seeing Bronx kind of reminded me of myself when I was that age. That's Andrew, a real United pilot. These small interactions can shape a kid's future. It felt like I was the captain. Allowing my son to see the flight deck will stick with us forever. That's how good leads the way. To watch episodes of Financial Audit a week earlier, check us out on YouTube.

0:33Hi, my name is Ted. I'm 62 years old. I'm from Austin, Texas. And this is Financial Audit. Thanks for coming on. So what do you do for a living right now? Right now, I'm a retail manager. Retail manager. Okay. What are we making currently as a retail manager? $21 an hour. How many hours a week? At least 40. At least 40. So you get overtime sometimes? Time and a half for anything over 40. So I do have this that came in. This was a stub. Let's see. So 76 hours over the course of two weeks, potentially. Is this a two-week time period? Yes, it should be. Five and a half hours of overtime at$31. That's great.

1:21And we had net pay of$1 ,596. So$3 ,000 a month at 62. first of all this is an expensive area um but i do know you're married so three thousand dollars a month net is essentially what we can consider for you but does income come in from the other side of this yes okay how much about my wife uh she makes a little more than me so i'd say i don't know 3 500 okay how are you guys uh doing right now financially i'll be honest in terms of stacks of paperwork i mean this thing's a brick like this is a whole right it is we've never had this and it's just all credit cards welcome so i yeah i'm all up in your world right now what what is happening why do we have so much debt going into our 60s you know 59 and a half is designed to be the time when we can withdraw from our tax advantage retirement accounts yeah yeah i was just talking about this actually with my wife and uh we should i should be thinking of retiring now but actually i'm not i'm actually just doing the opposite i feel like i'm just starting out trying to do stuff that retail management is not my desire not my end game so for jobs throughout your career like what have you been mostly doing to pay the bills gotcha um i worked for the state for about 14 years soon what uh worked for a state agency called the commission on state emergency communications okay uh which prompted me to get a graduate get a master's degree of a master's degree yeah okay yeah i know what you're thinking well maybe kind of i mean it's just you know like i don't think anyone's dream after master's degree is to be a retail manager right correct yeah but i also i'm not trying to on your job no no it's okay obviously i'd be watching wanting you to make more money is retirement even in the picture like what are we looking i kind of have a plan i mean what is your plan to retire the the latest time possible so how do you know when that is well i mean oh you mean when you're able to get full benefits right right okay and do you think you'll be able to survive off of both full benefits alone not with 17 000 invested oh no no probably not um why have you been honestly throughout your life why is there so little invested like that scares the god well right we can't all be my brother my brother's smart not that i'm dumb but he started doing all that investing at a very early age but why didn't you let's not deflect on that right why didn't i because i'm the black sheep of the family right i am the uh guy who's not the norm who had to go off and go to art school and all that kind of stuff i went to art school well yeah no people can still be responsible and go into the passions they desire why were you irresponsible with your money i don't care what you went and studied there's still responsibilities around question i i don't know uh i have no idea why it must be some kind of um i don't know okay okay give yourself a financial score of where you think you are 10 being the best zero being the absolute worst give yourself a financial score five middle of the road you think you're average solid average negative equity negative net worth well we do have a house oh you're right how is your how's your wife's retirement right like you guys seem very separated in your finances she's about the same oh right so and so like it was just social security and like this job that i have now doesn't even have benefits but i'm on her benefits i mean with social security and medicare that's that's that's the plan well i suppose that's hard to live in austin just on that yeah that's true Especially in going into retirement with a mortgage that's not paid off, but still has like$150 ,000 on it scares me.

5:57Okay, let's dive into this. If you want your Hammer Financial Score, it's for free in the description below. Make sure you're giving him some love for coming on the show. And then I have permission here to beat him up. So give him some love for being on the show. And also don't forget to apply to me on the show if you would like to be here. And you need to get a nice little scolding from me. so credit one this scares the out of me i'll be honest credit one is like the enemy of all anything that is good in this world credit one is evil when people have credit one you know they're in like the bottom of the barrel when it comes to their finances and they're just accepting cards why do you have a why not only not only why do you have a credit one but why are you spending money on a credit one that is having interest accruing that you're barely putting more than the minimum monthly payment towards like what are we trying to do i want you to retire you want to retire but how are we going to get there by putting money on a credit one well i need to decide what i need to pay off what i can feasibly pay off i need a plan that's why i'm here i need your help why haven't you been doing but why spend on this like paying off is one thing but why spend well

7:16right now our expenses are more than our income which is horrible right so we are barely making it through every month what expenses the required expenses yeah i mean sure i don't mean all the credit card bills everything yeah right so your interest accruing alone is very bad right basis but you but you don't get to a better place on that if you're first of all didn't you just go through bankruptcy a few years ago about six years ago yeah and you're in this much debt already again yeah yeah yeah how much did you get cleared oh i i don't remember exactly how much of this existed during that time none of that so you built this up in just a few years yeah you didn't learn your lesson right i didn't do you think is there a word for that well it's an insulting word dump yeah yeah is what i would call it in a loving way and i would agree with you yeah it's stupid i don't know i don't know why i did you get you get a fresh start so to speak after the damage from you know your credit bankruptcy i'm talking about and then you find yourself getting right back in it i know there's people out there that gotta have done the same thing there has to be so what can what can one do to make it to make it not happen here's a fun fact again if you couldn't if you couldn't pay your debt and you had to go through bankruptcy don't take out more debt well don't take out debt afterwards i know buddy you had you you went right down the dark path immediately after escaping it well we don't know if i went immediately down but that's only a few years in and this you have more credit cards than anyone's ever had on this show oh do i oh it's not a good thing not a good thing it's not a good thing okay i can see how you've made it through life you're joyful you're a happy guy i like that i like your personality but this is in general the last thing i want it's totally serious but i'm usually scared for most people who come on this show i'm talking them to them at a younger age to not end up like this and but you are here in that position but you had the chance to fix it you went through something traumatic and painful and expensive called bankruptcy yeah i think i wanted to i wanted to to hear again yeah i wanted to be on the show because there are people that are in the same situation as me the same age it doesn't always happen to the younger generation no and so it happens to all americans and you need somebody to to give you some tough love and tell you what you've got to do to stop the stupid cycle first step no spending on credit one 30 minute monthly payment balance 771 dollars 47 cents interest being accrued on a monthly basis 19 dollars 28 cents okay what can i mention i've learned uh synchrony bank is horrible yes yeah yeah yeah okay i just wanted to say that because that's i have tons of cards with synchrony bank oh i know and i want to get rid of them well why do you open cards every day of your life because i don't do it every day borderline honestly i'm not like once a week no i don't have some of those other cards you're just i know you don't have like payday loans or anything but you have like at all oh i did have payday loans well of course you did i mean looking at this i'm not surprised genuinely we have an apple card with a balance of two thousand one hundred fifteen dollars and sixty cents okay with a minimum payment of sixty seven dollars balance went up from the previous month and this is where you're putting some life insurance payments on a card on a card that's a growing interest that you are losing 45 dollars of interest on our monthly basis and your balance only goes up and we put our insurance payment on there life insurance should we not do that what do you mean i mean should we should that be like just paid out of uh on a checking oh yeah or money is no we don't put it on debt but okay this is a spoiler i know you're spending so if you're gonna say we don't have the money i know you have the money your spending is dumb and irresponsible thank you i'm jumping the gun no no but i i i'm seeing the seeing the light the spending is ridiculous yeah we we what is the we spend above our means or yeah is that right yes but you're doing that in your 60s which just scares me it just scares me yeah yeah that scares me you can't be doing that i know i just don't want you to die under a bridge and this is what i'm terrified of okay oh god discover discover it of course yep it's a classic one okay see these

12:284196 oh that'd be crazy 4196 dollars and 78 cents with 57 dollars of interest accruing But congratulations, what did we do again? We went and purchased$69 of things. Our balance, our balance stayed the same, even though you paid more than the minimum monthly payment. Minimum monthly payment's$84, but you paid$100, but it didn't move. Didn't move the needle. We're headed into when you want to retire, when you want to capture full benefits. We're already two and a half years after when you're able to withdraw from taxable accounts penalty free, but we're still only staying level on this credit card, going up on other credit cards.

13:07this is just behavior this is behavior i gotta stop it you gotta stop why haven't you stopped it then why haven't you stopped it you can't just say i need to stop that i know i need to stop being a fat but i still go out there and i'm like and this is bad this is bad but why haven't you done this this is about you why have you not stopped it if you know you need to stop it well i think i'm actually i think you won't probably believe this but i think that uh i have slowed down the process it's just not going as quickly as i would like why if you would like it then just do it right buddy this is in-app purchases zynga crap you're just gemming it up all day yeah like cha-ching, cha-ching, cha-ching, cha-ching, cha-ching.

13:55You know, I was able to quit smoking and drinking. Wow. Okay. And I can't quit this. Okay. Then I just need to. Well, I can. I shouldn't say that. I can quit this. Right? Yes. I just need you to have a flip phone, dude. Wow. Just get a flip phone. Who gives? Who cares? I've thought about it. Seriously. But you can't stop going in these and just cha-ching, cha-ching, cha-ching, cha-ching, cha-ching. and this peak thing merchandise 162 dollars of interest this year so far or 57 dollars of interest this month and we haven't made progress so sure you may have slowed down but if this is you being slowed down and our credit card balance are maintaining if not going higher right that terrifies me losing i don't care if this is slowed down this is still beyond unacceptable ebay why do you need an ebay card i didn't know it was called an ebay card you open up every card that exists so i mean i've i've seen them normally i would say you're not a credit card person use the fizz card but that's usually for people trying to look for college benefits and you're probably not going to college yet because you have a pile of student loans that is essentially from the underworld right yeah yeah 1 ,487 dollars on our ebay card ebay we owe 1 ,487 dollars on an ebay card i mean a little more than the minimum on the payment i could i could uh sell stuff on ebay preferably yeah you might need no i'm serious i'm not joking what do you have do you have a lot of stuff i do have a lot of stuff what do you have well it's what's like the net value conservative the stuff you do not need and that's not terribly sentimental i'd have to get i have a lot of sports memorabilia and i need to get assessed okay i don't want that to be the first thing but it might be something reasonable 30 66 interest takes me that month and 68 dollars of interest that year another synchrony card because we're addicted to synchrony you just suck on the synchrony every second of your life i'm their poster child this is a lowe's card this time 535 and 31 cents 12 of interest accrued minimum payment 30 i think there's no payments on here i'd flip out 30 essentially the same amount of interest was what's accrued this year so far meaning the balance is pretty new which is not making me happy uh jc penny car great so So every store card, every store that is a chain that you can walk into across the country, you have gone in there and you've opened up a card.

16:45$1 ,591.19 is the balance for this. The minimum monthly payment of$57. Good, no purchases, but interest$40.39. Or$88 this year. Oh, no. $129 of interest this year so far. Venmo. You're on that new age. You got a Venmo credit. Why? Why do you even have this? What in your life is opening credit to you? Because you do do it more than anyone I know. You're just anytime credit is available, you just open it. Walk me through that. Walk me through your behavior and mind and past around that. Well, I recognize that I may have taken it. I don't know if advantage is the right word. No, you're being bent over.

17:39You're being taken advantage of. Yeah, yeah. So, but I don't, I think about it more before I take action now. I mean, you know, the process takes time to stop for me. You know, like, here's a credit card. I can apply, but I don't do it. Like, in the past, I probably would have just done it, you know? What does your wife think of this? You guys are very clearly separate. how are her finances separate financially she has probably the same amount of credit cards what are you guys okay perfect pair yeah um when you stop and think about applying to these new credit cards no more thought goes into it there's one thought the thought is no Gotcha So on here a balance of$753.18 Minimal monthly payment$30 Purchases on here$102 The balance went up Bales went up$90 With$15.16 of interest accruing Oh good more in-app Cha-ching, cha-ching, cha-ching Great we're cha-chinging every second of our life And we're going to a deli and pizzeria Where was that?

18:57I don't know Oh, a deli and pizza, a little deli and pizzeria. Oh, oh. Who are you spending all the money on, by the way, when you're going out and doing... Say that again? Who are you spending all the money with and on when you go out to these restaurants all the time?

19:16Oh, well, you've mentioned one restaurant, so I don't know about all these restaurants. I know, I know. You're right. I'm getting ahead of myself. So it's either me for lunch or it's with my wife and I. Oh, okay. I want to take a moment and chat about something that hits home for every entrepreneur, cash flow management. Today's sponsor, NetSuite by Oracle, is here to help with this. Think about it. The less money you spend on lackluster business systems, the bigger your profits will be. Enter NetSuite. As the industry leader when it comes to financial systems, easily transforming your entire business flow into one sleek, efficient machine.

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20:35And here's the kicker, over 37 ,000 businesses are using NetSuite. And they're not just getting by, they're crushing it. By popular demand, NetSuite has extended their flexible program for a few more weeks. Head to netsuite.com slash hammer. That's netsuite.com slash hammer. Or click the link in the description below. Practice synchronizing Walgreens. I didn't know Walgreens had a card. Kill me. I think that's the one that started it all. This isn't the one that started it all. They had this display when you walk into the store. No, serious. and I was like, oh, I probably won't get a credit card, but I think I probably should.

21:16Why? Well, don't you need a credit card? No. Like to rent a car and that. A credit card is okay if you can manage it. Right. I totally get it. If you can manage it, you just went through bankruptcy when you had applied for this. You've proven to yourself through the legal system you cannot manage it. And then I screwed up again. What was different? What did you think was going to be different the second time around? Have you only gone through bankruptcy once? Yeah. Okay, thank you. Why did you think it was going to be different without changing anything? I guess I thought I was going to change, but obviously I didn't.

21:51Not without actions, man. You don't just think you're going to change. Right, right. Got to put the actions behind it. Glad you agree. You just didn't do it. $12.87 of interest is accruing on this. $29 minimum monthly payment. Balance of$441.20. $43 of interest taken this year so far.

22:11you better be willing to chop up your cards because i don't know what the it's for you man this is insane oh verizon it's like a verizon card but like is this your phone finance or like are you just spending on the verizon card i can't believe how thick this pile still is after going through one two three four five i was just thinking that and i'm very sorry about that but it's it's all i got there and the verizon card the initial thought was you If you put your Verizon bill on their cards, what they say, then you get a discount, right? So that's what I did. You were coaxed into everything. Anything that anyone has ever tried to sell.

22:55Were you a salesman ever? No. Usually they're the easiest people to sell to. I'm surprised you're not. man this is horrible because this is like uh showing how gullible i am how naive i am at financially stupid financially yeah right i call people stupid on the show all the time they should be noted that it's financial i hear you doesn't mean every aspect in life 1290 and 70 cents is owed on this verizon card 48 on a minimum monthly basis 34 30 cents of interest accrued lovely

23:36upgrade we've upgraded our life into getting by debt upgrade number one because there's two of them in here this one's at 1 272 dollars and 15 cents with a minimum monthly payment of 72 dollars and 58 cents so what the behind this stuff why do you have two upgrades i don't know why i have to uh i think the the the theory behind these not that it even matters now is um building credit we know we we travel so we think how can you guys afford to travel you have credit cards yeah other people's money okay right yeah but not making a lot of the subject it it's coming back it's hitting me it's coming back yeah and you have fifteen thousand dollars saved for retirement or like seventeen thousand hours yeah if you follow the four percent rule on seventeen thousand dollars you know what you're able to live off on a yearly basis you're able to live off a grand total of six hundred eighty dollars a year um i don't think you can live off of that you're absolutely correct for hardly even a week and this is why the show needs to be taken seriously and why i have the conversations that i do and why i call people out and call out their because this is a terrifying position to be in and my heart is like dropped first time i saw your dude i couldn't believe it blew my mind And this upgrade, the second upgrade, this is the worst one we have so far,$9 ,260.

25:26Oh, yeah. Oh, yeah. And a minimum monthly payment of$474.89.

25:37I run a non-profit. You can't. You can't. You need profit. Your entire life needs profit. For what? Some of these, now that I think of it, could have been expenses for that. What nonprofit do you run? Like, what do you do even? Well, every time. Sorry, go ahead. Answer the question. I don't know if I should bring that entity into the conversation. Are you willing to say what it does? Not like the name of it or anything. It's a performing arts venue. Okay. And I absolutely love that. And you own it or you're a part of it? It's a nonprofit. it so what's your position in the non-profit i'm the president okay i think i love that i love that i love it i love it you can't afford to survive i don't think we give time to non-profits unless you're very well compensated to it i think every time that you are existing we're all volunteers yeah i don't get paid yeah i i again love it that's great you you are in no position to every second of your life man needs to be bringing in money at this point so that you can have a chance of retirement in early 70s oh yeah i wasn't sure what you were yeah you just can't you don't have time you need to grind it out and that's what sucks so much supposed to be the golden years but you're about to enter that post-college grind years where i'm gonna need you to work like 40 50 hours a week.

27:0760 hours a week. 70 hours a week. Let's continue. Another synchrony. Your best friend. Citco. I have a Citco records card. Great. The balance of$378.05. The minimum monthly payment of $29. These minimum monthly payments are going to stack up like crazy. This is going to blow my mind. $10.61 of interest is accruing. $35 this year so far. The balance has gone up. Great. That's a great sign. Oh, another synchrony. Oh, SitGo wasn't enough. We need Chevron as well. Again, every store you've ever walked into, if they offer a credit card, you have accepted it. $128.08. It's going to take up my whole notebook.

28:03$29 minimum monthly payment Oh, purchases$71 What did you get? What did you possibly get? It's not even gas! It's not even gas! It's going in and cha-chinging your gems! What'd that do? Zynga! Oh, really? Yes, really! No, I wasn't aware How are you not aware? How are you not aware? How? How? How the f*** possible? how how are you not aware i need to be more aware oh no no no no no no no no no no no no no no no how are you not aware oh what happened how how is this like all of a sudden attached to that app and you the but the purchase went through here how how did that happen do you have every credit card and you accidentally clicked on the wrong one possibly but that doesn't matter but that doesn't matter i still screwed up because it would have gone on just another credit card so it doesn't matter What are you playing?

29:03I don't know. Just, you know. No, what are you playing?

29:11Empires and Puzzles. Oh.

29:23I don't have my phone with me. Those in-app purchases are insane. You have fallen for the game so hard. you have fallen for the game as in like the system the system around their in-app purchases you have fallen for it so if I just I just need to I know what I need to do or just play the free versions and just not get the extra benefits just disconnect the cards you'll find a way though you'll connect your debit card or something you'll buy gift cards no you gotta have you gotta have faith in me man no offense but how the possible could I have faith in you? You went through bankruptcy and you've taken out more credit cards than anyone I've ever met in my life.

30:04My own personal life and that's not dramatic. That's not me being dramatic. I know. You went through bankruptcy and you've opened more cards in debt than anyone I've ever met in my life. Since bankruptcy. What faith could I possibly have? It's not against you as a person but financially what faith could I possibly have?

30:26I hear you. ally usually it's like a car or a savings account but no you just have an ally credit card 228 some of these bouncers are small that we could just wipe out yeah no i'm serious don't look at me like that couldn't couldn't we you just we picked the smaller ones we just wipe them out cut the card up it's a great idea why haven't you done it well i mean if i had done it then I probably wouldn't be on this show. That's great, but I'm asking why. I would have rather you not been on this show. Oh, right. Right. I see what you're saying. Yeah, yeah, yeah. Why haven't you paid them? Buddy. Please.

31:12Yeah. Come on. Why? Your smallest balance, like$128. Smallest. I know for a fact you had that much money. At least. Why did you not just wipe it out? Yeah, I'm obviously making this much harder than it is. I just want an answer. Right. Why? Please. Why didn't I pay it off?

31:42I don't know why. Okay. Okay. That's the honest answer. I don't know why. Okay. $12 of interest. Amazon. Another Synchrony card. Oh. They f***ed me in a bad way. Amazon. I loved this card. I loved it. They randomly just closed my account. They said, you're too risky. We moved into this office and I bought a lot of stuff. And they're like, oh, you're too risky. Sorry. And I couldn't even appeal it. And then it f***ed my credit score and I lost my 5 % cash back. Whatever. It's not about me. $580.91 on here. $29 is your minimum of the payment. interest accruing of$14.61. Yes. Am I able to ask you a question?

32:28Yeah, yeah, yeah. So if you cancel cards, does that make your credit worse? What credit are you trying to take advantage of? Answer that question before I answer yours. No, no, no. I mean, if you want to cancel your cards. I'm going to answer that question, but I want you to answer my question first. What credit are you trying to take advantage of? What kind of debt are you trying to take out? Credit card debt. What do you mean? You want to take out more credit card debt? No, no, no. I want to cancel the account. But your fear is that it hurts your credit? Yeah. So who cares if it hurts my credit?

33:02Is that what you're getting at? Yes, if you're not trying to take out any debt. You already have a mortgage. What kind of debt are you trying to take out? Preferably none, because you can't manage that. But what kind of debt are you trying to take out? I don't know. Are you trying to take it? Do you have plans to take out any debt? No. Then it doesn't matter. I don't give credit scores zero or negative five. Oh, okay. Okay. All right. So yes, I didn't know I got I wanted to I wanted to lead you to the watering hole Chop these things up close the accounts burn them burn them do a ritual We'll go around the fire and we'll make noises and summon crazy things that'll murder us in our sleep.

33:35We'll do it I'll celebrate with you burn them $33 of interest accrued on a year at home at home has a card of course at home has a card. It's a store So every store in the world When's the Hammer Media credit card That people can open up with a million percent Interest rate You'd open it up if you could I don't know $45 So why wouldn't you pay off$45 $45 Why couldn't you at least pay off$45 You put more than the minimum On a couple cards E-statements are horrible Because I don't think people look at them that's up to you that's your personal responsibility right i sit down on a monthly basis and go through everything that's what adults are supposed to do you just have it what no i deserve it man i totally deserve it keep going because it sucks with a yeah i know i i know it's hard i know it's hard i know i respect the out of you for being here and hopefully wanting to change $63 of interest this year so far $3 in that last month because you have been making progress towards it Ulta why do you have an Ulta one I don't have any that's because you open every card I don't think there's anything I mean that's why I think I had to print or it's because your balance is nothing thank goodness thank everything there was something good in here this one's just the synchrony card just straight up the synchrony premier We've gone so deep in the Synchrony card route that we got the Synchrony card itself.

35:16That's when you know you're in love with Synchrony. Balance. Oh, well, we're back up. $656.59. Purchases. Purchases again. Why are we back to purchases? $30 minimum payment. We're doing purchases plus$14.11 of interest. Starbucks. Oh, that's more important than retiring? Starbucks I'm not even I hate those I don't hate I don't hate I really don't hate anyone but I get a little annoyed when people are like oh don't Starbucks don't get Starbucks you'll never be able to retire that's not true you just gotta budget things but you literally have$17 ,000 you're 62 your net worth is well because of the house it's positive but if we added up all the debt it would be negative oh actually i don't even know you might be negative what because i don't know your equity position in the house and we haven't even gotten to the big daddy the big daddy the dwayne the rock johnson of your jet we don't have to go there do we but we will oh my god why starbucks why is that more important than being able to retire on a beach with your wife it's just a stupid habit you've kicked other stupid habits i know kick that one make coffee good well i don't go every day here's the fun fact mostly for you guys if you were in your position you're retired college you just you just contributed 20 20 aside on a monthly basis to retirement you could have starbucks every single day and it would perfectly fit in your retirement and you would be able to retire and it would have been great.

36:55But we're here now and we have a Nordstrom card.

37:01Nordstrom. All right, I'm going to give you$20 right now. All you have to do is sign up for Acorns using my link in the description below. It's an amazing investing platform that you've probably heard about before and this makes the end of your week even better. There's no strings attached. It's literally a free$20. Use my link in the description below. Is it too late? no but you're gonna be working longer and harder 87 we're gonna figure it out at the end oh my god we're also gonna teach you how to budget by going through a budgeting class and program this is like the light version it's hard to get through everything in like a couple hours so you're gonna go through a budgeting program and get all the education sit down with your wife because her she has more credit cards than you which i don't even know how that's possible but sure $28 balance see why not just pay that off and then a$28 minimum payment like I don't get it what's the point 72 cents of interest interest accruing like I don't even know why you're allowing that it's the silliest thing it's so silly it just it reeks of financial irresponsibility

38:11get this get this what's happening what's happening is this one an nfl card and nf i didn't know that was a thing an nfl extra points card how'd you even find this i took some doing i guess i don't know we finally escaped the clutch of secretly oh board a thousand four hundred and $74.26 of death on this one. End me now. $39 of interest. Oh, good. Oh, good. More purchases and the balance went up. Great. With a$54 minimum monthly payment. Oh, good. Oh, what is it? Oh, in-app purchase. Gems. Gems. Gems. Gems. $40 of interest. $107 of interest accrued this year so far for gems. For gems. Good f***.

39:15That's going to piss me off. Oh, we've made it, ladies and gentlemen. We've somehow made it. How are you in forbearance? Are you in income-driven repayment or what is it with your student loans? Because I don't know why they got me in forbearance. It could be left over from the pandemic. It could be. No, that's done. I had applied for public service something or other. But how? Not that you're volunteering. No, because I work for the state. That's your retail job is through the state? No, no, no. I had worked for the state before. But you don't anymore. I don't anymore.

40:01This scares my... That's not even the amount. I mean, that's just over bazillions of years of interest. You know what I mean? I mean, the amount I took out was nothing like that. I don't mean to keep saying your age like it's a bad thing. Oh, no, you can. It puts things in perspective. Totally, totally. 62 years old, and we have$229 ,569 in student loan debt. basically at 8 % interest. They're not even like low interest student loans. These are... Bustin' with the Boys is here to let you know that every college football Saturday, FanDuel is dropping profit boosts that can turn wins into bigger wins.

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