I’ve Never Seen Anything Like This | Financial Audit

42:48because we've never as a family unit ever had a lot of money so to have that much money and just spend it all at once how do we get 20 000 i wouldn't have you spend it all but how uh how'd you get 20 000 uh her mom passed away and left her okay so it's never been earned it's just been right right i've never gotten i've never paid off any debt by earning the money it's either been through it's been some catastrophe and obviously i mean i wouldn't want you to pay it off right now anyway because what would happen with your behavior i mean you haven't changed anything so you would just rack up your debt again so i want your accounts to be close you can't have access to this you do not have the discipline necessary you're right i don't i can rationalize and justify anything because that's who i am so the synchrony minimum payment is 97 dollars it is interest-free until 2027 the beginning of 2027 yes and then it would be 30 another synchrony lows yeah this one's paid off though because i never need lows and i can't use it anywhere else okay is that all that oh no this is medical yep what happened to you so two things one of them is that the pam health huh is that the pam pam uh post-acute medical yes so that one is for my middle child who's 14 oh wow he has a um his joints and ligaments don't work the way you're supposed to really okay yes so we called it hypermobile while i was growing up so his joints are not held up by his ligaments the way they should be and so um we he did something to his knee it was really bad i had to take him to be tested for marfan syndrome um so we had to have some heart stuff and then we had to have some eye stuff and those came out fine but they put him in physical therapy it was very expensive with the insurance i had at the time it was like 350 a session and so how were you able to pay for that i would give them a hundred dollars this 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.

45:18That'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. And then they would put the rest on the bill. And so that one is probably in collections, quite frankly, because when I go to look at it, there's nothing there. What do you mean? On their website? Yeah. I'm sure I'm going to get a letter. I did call them and ask for a statement. And they gave this to you. You at least made me get my shit together so I could see how bad it is. So it does exist.

45:52It does. And they sent me something. You know you could get a monthly payment of like 50 bucks with them probably. Probably. So you don't have it. Okay. You owe$1 ,799.92 but no minimum monthly payment. Correct. I would negotiate a minimum monthly payment. Just explain your situation. Explain your income situation. and hopefully that'll help with that and then diagnose diagnostic imaging yes that same thing no that was for me uh they found a breast lump wow okay had to have a biopsy i had to go see a breast specialist um it came back benign there's a nine percent chance however that it could be cancerous okay and so in six months i have to go back and we'll do it all over again and if i'm just saying on top of it though still there i have to have either a lumpectomy or my preference a mastectomy and um i'll have to have the money to have that done sure yeah okay so you have 283 significant cancer now this is very personal correct and it requires involves addiction, you're not terrified of lung cancer.

47:06One pack to two packs a day. Also, that's expensive. It is very expensive. Because that increases your likelihood for lung cancer dramatically. It also contributes to the guilt, I feel. And another reason that I don't like to tell my kids no is because I'm indulging in this thing, so I feel guilty. Have you tried to quit? A thousand times. And? it has not worked obviously what about waning have you oh no okay what about something that's a little less toxic like zens or something no why why because well you still get your nicotine fix that way that's true but it's not just about the nicotine fix there's the ritual there's the habit there's the i'm escaping from the world i'm very introverted i'm not shy but i'm very introverted so i mean nobody looks twice at you if you're a smoker and you just suddenly leaving to go smoke nobody cares yeah but if you're not a smoker and you just get up and leave people are like she's so rude and i'm like i'm not rude i'm just done i'm just done one of my producers who Quit Smoking.

48:22Yes. Recommends The Easy Way to Stop Smoking by Alan Carr. I've read it. And? Obviously it didn't work. Okay. Well, I'm not an addiction specialist. I've tried patches. I've tried Welbutrin. I'm highly allergic to that, by the way. So, yeah. I've tried it all. Okay. Well, listen, I I can't put it in the budget, but I also, I'm not an extra specialist. And this is something you just got to work on yourself and find the help you need. I can't do it, but you're killing yourself and it costs a lot. What's a, what's a, what's a pack of cigarettes costs? $6 and 42 cents. It's cheaper than I thought.

49:07I smoke floor shavings as my husband called them. I smoke the cheapest thing I smoke and I buy them in a carton and get a discount. Cost. $64. How many packs are in a carton? 10. So that covers us a week and a half? Yeah. Sometimes. A week? Sometimes. To a week and a half. Okay. Yeah. So you get like four a month? Yeah. And how much is it? $64.

49:44It's like$2 ,000 a year-ish. that's crazy for your income situation it's a wild life tax yeah okay i don't i i don't know much else i can say but i mean that's that's just on you it's on you and it's an addiction it's hard but i'm not an addiction specialist and i know that's also one of the harder addictions but i mean it is the heart at a certain point i'm hoping you're putting just your health over it your personal financial health over it and living with your kids over it as well i don't know if there's like a rock bottom that happens i i quit drinking and drugging 20 years ago now okay by the grace of god uh and also and that will as well i mean come on give yourself some credit thank you um and it's the hardest thing i've ever tried to quit is the cigarettes yeah And I've tried to apply the same principles.

50:42I've. Well, you're up to a lot. Oh, yeah. Okay. So how many are in a pack? 20. So sometimes 40 a day. Yeah. What is that? What is that? Like three smokes an hour? Sure. I have no idea. You just go, go, go. I just call. Just at work, you're leaving the office like three times an hour? No. I only smoke one every hour at work Instead of taking one 15 minute break I take 35 minute breaks And my breakfast is a pot of coffee And a bowl of cigarettes So I mean I'm sorry That one Seem like encouraging your audience Not to smoke Don't start I'm not saying vaping's better But have you considered that I've tried that done that.

51:37Yes. I mean, we don't know the long-term side effects of vaping. We don't, exactly. That doesn't make it better or worse than smoking. I'm not saying that. Cigarettes, people think it's a little better, though not good. I cannot smoke them. It hurts my throat. It makes me cough like crazy. That hurts your throat more than cigarettes. I know, right? Well, and really not open to the Zen world. Just popping them in, going about it. You know, one of my earliest memories is going to pick up this giant box TV with my mom. And there was this lady because the truck we were in broke down. And there was this lady's house that we just wandered up to.

52:22And she was sitting on her couch with a Cheetos bag in her lap, spitting, like as in dipping. And it was the grossest thing I can remember seeing. Well, doesn't spitting, like, doesn't that, like, have things that, like, cut up you a little, like, micro cuts in order to get it in? It's different. Also, Zins aren't spitting, though. It's not chewing tobacco. It's not? I have no idea. No, it's a little, it's a little, little. I am not, we've talked about this too long for someone who doesn't know anything about this, but I know enough that it's just, oh, it's chewing tobacco diffuses into your blood through your gums.

53:01Okay. so how is it different than that you're not spitting you're not spitting for zins right no just just a patch you put right her or her and it doesn't look like a big water dip in my mouth you put a lot of them in you put a lot of them but no it doesn't okay no i had a dude right there just a you know a couple weeks ago he's like 50 zins a minute and well like you couldn't you couldn't tell okay i'll think about it but again not like that's good anyway i'm not opposed to quitting i just find it very difficult of course i just don't want to tear up your lungs okay and then we have a mortgage 227 953 dollars at a 2.75 inches that's a great rate a thousand six hundred fifty dollars a month yeah oh again if you didn't have your support system or the mutual benefit or whatever, family with benefits, then you couldn't afford this.

54:00No. This is aggressively expensive for your income situation. So that's all the debt. That's all the debt? There's some hospital debt somewhere. I sent it. I had to go to the emergency room. How much? A couple thousand, I think. All right. Have you negotiated a payment? Yes. What's the payment? $87. Okay. Well, good on you for negotiating that. Okay. In the checking account,$2 ,333. Lots of bullsh**. Let me be very clear. Amazon. Amazon. Apologia. Hobby Lobby. Wait, wait, wait, wait, wait. Those Amazon and Apologia are not bullsh**. They're my kid's curriculum. I homeschool them. My sister homeschools them for me.

54:48I'm a principal. She homeschools them. okay why is your sister okay what

55:02she's the smartest person i've ever met when she doesn't work no she does not can i ask why you can i'm not gonna i don't have an answer for you oh because you just don't know or you're not I'm not gonna tell her story okay that's fine an Xbox subscription for the kiddo probably they get an allowance why you barely get an allowance my smoking is my allowance but no that's gross instant PayPal PayPal go inside get into bullshit cigarettes text tag I mean how many tolls are out there well to get to austin you come to austin often no okay but i do occasionally table talk magazine let me come on it's a magazine i can't say that i tried to cancel that they weren't supposed to charge it it was refunded okay austin radio what austin radio radio maybe radiology radiology it was car much was it uh a trail going on a trail best buy this isn't even the best buy car we went to best buy 86 bucks video game hard drive crashed your hard drive denny's table talk magazine again no one's a credit oh okay parking xbox again summer moon i love me a summer moon but come on i do moon milk it's so good the moon looks fantastic but stop smoking you can taste it more xbox subscription xbox payment so many xbox payments this is all xbox payments i told you you're an e-girl i'm not my 15 year old and my 10 year old yeah they love their xbox they do okay i think they're buying video games like constantly because that's not a game get them game pass i think i think one of them is game pass the other ones i couldn't tell you and then i I think my daughter got Sims or something.

57:08But would that be Xbox? I don't know. The Sims is on game pass, if I'm not mistaken. Beats me. But they have to pay for it. Okay. Hi. I'm telling you what this is. That is retirement. $726. Correct. I haven't been at my current position, but like nine months now, I'm required to put in 5 % and you don't even have the one for my $2 ,000 the crazy thing is your spending is not absolutely insane yes sure there's a little bit of bullsh** it's not absolutely insane but your debt's not going down your debt's going up and they're at their maxes the situation's f***ed you're destroying yourself you're destroying your future and then there's the hundreds of dollars in cigarettes and that's the big bull how much do you think came in net into your accounts versus how much do you think you lost either via spending or that's going up so what comes in is around 5500 what went out yeah what went out 6 ,000 Okay Closer to the second one 5 ,800 went out In was 3 ,890 Do you get cash?

58:34How does that happen? We got PayPals We got Social Security We got payroll

58:43Take a little peek Just make you a little peek Huh Interesting That's only half of my Social Security that's one kid okay well we didn't see the other one maybe I transferred them at different times so you get 3 ,000 hours a month in social security it's 2838 it's the same amount for each kid okay well we're only looking at in the accounts and in the end that's still more money going out than coming in is it not oh yes absolutely that's unsustainable at this point i mean there's still 700 more going out yes i mean that's it's unacceptable straight up it's unacceptable you're not a child it's unacceptable you need a budget go through and all your family can go through it go through our budgeting class so you can learn how to make a budget manage a budget stick to a budget take all the quizzes take all the education you also because your guests get to go through our investing course which means you get a free hundred dollars luckily which is really cool so

59:56but this is unacceptable i mean at this point i mean you're you're spending like you just got access or you're you're managing your money like you just got access to money at 18. yes thank you and if you didn't have the codependent you're negative on a monthly basis and that's with codependence if you didn't have your codependent if your mom tragically passes away you know earlier than uh that obviously we'd hope i don't know what the you're gonna do and your sister doesn't bring an income it sounds like so i don't know what the you'd do you'd be screwed i need to change my behavior but i don't know how to do that well we're gonna budget but i think i mean you make way too little money you make way too little money you need a budget so what if i got another job until a second job yes until i was out of debt could i financially support myself yeah it's less time at home if you could do that i mean you have again a support system to help take care of the kids so it sounds like it i'm hoping within the next six months that there is an advancement opportunity at the municipality i hope so what would that go to do you think from 18 to 75 a year that would be great so i kind of want to try to stick it out how do you know how do i know how do you know that's a potential there is so as as most municipalities go the people stay there really long time but they're going to retire they're talking about like retirement is plans have already been made and then you have to compete for the job correct correct okay so it's not a guarantee correct okay so 5 171 comes in let's get your budget going your debt minimum payments besides the mortgage actually okay so that's 1056 okay on top of the 5 171 that comes in from your job in social security how much comes from your mom and sister average to help with the bills?

1:02:16Or do they just take care of bills on their own? They just take care of bills on their own. Okay, so we'll just do your budget then. So tell me what, you have to pay the full mortgage? Yeah. Okay. And Social Security, that Social Security goes away when they leave the house, right? So I think it stops at 18. I've heard rumor. And once at 15? Yeah. Okay, so what do you do? I'm coming on Caleb Hammer because I don't know what to do. Reality is hitting real hard right now. Oh, yeah. And it is scary. And the whole breast cancer possibility thing, I would like to die with dignity. Whenever I go, I just want to die with dignity.

1:03:04Okay. And I want to make sure my kids are taken care of. and I have failed miserably well I mean I don't think you've been a bad mom there's a difference between finances and then the entirety of parenthood this financially sure potentially but there is a lot more that goes involved in parenting but this show does focus on the financial part yes did you get a tax return this year yes how much it was about$5 ,000 where the f*** did that go it's a great question I wish I could no no no no where'd that go I don't know it just hit not that long ago where'd it go no no no no where did it go where did it go so I know I spent $1 ,200 on curriculum for my kids because I do that every year they can't go to public school no why it's not allowed I do not like public school they got kicked out no hell no it is why don't you like public school really yeah I went to public school they went to public school I went to public school as well maybe you just had a bad experience so i i did not have a great experience oh okay but then moving on from that i'm not going to project that on my kids that's what i was going to say however uh i love teachers everybody thinks i'm against teachers i'm not but the school system is seriously messed up and children are not learning the way i believe they should be taught what do you want them to be taught they need to learn problem solving skills and they need to learn to think critically not taught to some stupid test whether i can take a test or not still have to pass tests though nope not in the state of texas not in the state of texas really that's correct we have the state of texas will allow a kid to graduate high school with the brain of a three-year-old and we don't even make sure there's rules oh okay good but there's no testing how do we know then i'm a horrible test taker no me does that mean i wasn't qualified No, no, no.

1:05:05I'm a horrible test taker as well. And yes, there's things wrong with public schools and private schools. And there's good things with public schools and private schools and homeschooling. I think anyone should be able to homeschool whenever they want. But how – where's the check and balance? Where's the check and balance? Because I don't – it's not fair for a child if they graduate at the mental level of a middle schooler. But how do we not – how do we check and confirm? Where's the check and balance? Again, I have nothing against homeschooling, but how do we know they're actually learning what they need to learn?

1:05:38So there are requirements that you have to follow per the state of Texas guidelines. Okay, good. What makes... How do they make sure? Yeah, right. They don't. They're not checking in. So we can just do anything? You have to teach them reading, writing, and citizenship. And I want to be very clear to everyone listening out there. I am not against homeschooling at all. this just blew my mind that there's no checks and balances and there probably are that maybe you're not telling me i'm i just told you all the rules texas has the best homeschool friendly state it is homeschool friendly and do people take advantage of that absolutely this is not fair to the kid because the kid doesn't have a choice my kids have a choice they can go to school i've ask them no well but like a kid wouldn't have a choice if like the parent was you you said people take advantage i'm talking about that if your parents taking advantage the kid doesn't know that's valid yeah so those are cases are rare i believe i hope so just a little surprise there's no check and balance from this conversation there probably is i want to i'm curious enough on this subject that I want to go learn more about it afterwards.

1:06:48But, uh,

1:06:52yeah, but there's no testing. There's no, like some other States make you turn in what a curriculum you have or whatever. We don't do that here. We don't do that. But that seems so basic. And I trust me, I'm like the last person that loves an over overly burdensome government. That's not even close to my thing. what the f*** you could just be teaching them that sticks are blueberries or something and no one would know okay well it doesn't matter well I guess it does but it doesn't pertain to this conversation that just fascinates me and I feel like there has to be something I am missing in this conversation because it's literally only me talking to you right now and they have access to all the internet and other knowledge that is not being had right here and I feel like there has to be something i am missing i don't think so okay what's your phone bill 280 how i pay for six phone lines you six yeah we're the six i only know five people your sister your mom oh you and then the three kids is that it well i pay for my daughter-in-laws but i don't pay for my daughter daughter doesn't get a phone yet she's not ready daughter-in-law does she live with you no why do you because i've been with verizon for 15 freaking years and so my company why do you have loyalty i have issues i don't know why i have loyalty i've been with state farm how are the t-mobile towers out there i have no idea honestly if the t-mobile towers are good out there switch to helium it's 20 bucks per line so does helium have that thing where you can test the phone i think we tried mint one time and like they send you a phone you can test it out see if it works in your area it didn't uh but now we live somewhere new but do you know if helium does that um i'm not 100 sure uh we'll look that up afterwards for you though i'll make sure i just know it uses t-mobile towers and t-mobile towers are what i prefer because they're the best in austin verizon is usually what i prefer across the entire country but yeah verizon has worked amazingly well.

1:09:05I've never had any issues. Yeah, except for your bill. Which is how much? What did I do? 200.

1:09:19285. Okay, how much on gas, vroom, vroom, drive, drive, skirt, skirt? So I don't drive a lot. It's probably 150. Car insurance? Car insurance is 213.91. Wait, Is your car paid for? Yes. What is it? A 2012 Ford Escape. Miles? No, it's a Ford Edge. Sorry. $150. How is its condition? I just got it back out of the shop yesterday. Okay. We spent$3 ,000. What the f***? How much is the car worth? I have no idea. Six. It was at six the last time I looked, but it's been a couple years. At the height of the peak of the used car market? Whenever it used to show up on my credit, Karma. Yeah. And now it doesn't anymore, and I'm sad.

1:10:05Okay. Okay. Why did you just put$3 ,000 into a car that at best is worth$6 ,000? Because I didn't have$6 ,000 or$10 ,000 or$20 ,000. What did you need to do? What did I need to do to the car? Yes. Like, it needed new shocks, and one of the things that holds the wheels together was broken. I don't know. It needed some tires. Brakes. Brakes. Yeah. Yeah. She's gonna get me to 300 ,000 I just know it I believe Okay so you're using Brain power On that one Faith Are you biblical? Yes sir What's the phrase? Which one? Open it up Pardon? Made applicable 710 It's something like Faith without action is dumb Bullshit Faith without works is dead.

1:11:04There you go. You know it. So let's put it. We are basically halfway through the year and I need to make sure you guys are saving your money in the right place. In my resources section in the description below, you can sign up for one of the best high yield savings accounts there are. But you can also get$300 for free with qualifying deposits. You can also get FDIC insurance up to$2 million on your money and get 4.6 % on the money that's just sitting there. It's exactly where I put my money. Why let your money lose money when it could be making money? It's the biggest no-brainer in the world. Open up a SoFi high-yield savings account now and get that$300 for free.

1:11:45Okay, TP fund$100. How does groceries work in this house? so my mom loves to shop so she does like half and then um i give my sister 550 because she's frugal and she cooks and so she buys the groceries okay you don't buy anything on top of that so i i was giving myself 200 just to eat lunch to eat lunch for the pack of sandwich or a soup Do they have a microwave at lunch? At work? Yes. Let Chef Mike take the way. Okay? He gots this. Push those buttons. How much do you give to your sister? $5.50. Okay. I'll round it up to$600 so you can get your own snacks. How about that? Okay. She's very frugal.

1:12:35Good. Medical healthcare. Yes, sir. Gym. I have a yearly subscription I pay for. Mm-hmm. that's fitness and that's how much 90 a year yes sir okay uh code how often you have to go to the hospital or anything or therapy or anything so i don't do therapy um i have to go to the doctor about three times a year okay so just budget that in uh in the class we'll teach you how to do those random payments but as long as it's not an ongoing basis anything else i need to put in your budget that is not there i gave you 100 bucks for your tp fund i'll give you 150 bucks for your tp fund it's essentially anything else you need to survive and this includes things for school and stuff like that which actually for you might be more i have a life insurance how much 118 that's not through work no it's separate okay it's separate a month a month okay yeah yeah i know that makes sense um you didn't ask about utilities oh yeah Yeah, you're right.

1:13:39How much? I thought they took... Okay, yeah. How much? Water and garbage is$113. Okay. Electric is$175. Okay. About... Internet's$108. Oh, f***. That is expensive. Is that expensive? Yeah. Probably because it's rural, though. Oh. I mean, I can get... I thought it was cheap. I can get a gig down, gig up for$40 here. Really? This perks to civilization. No. It's not worth it. and then I pay for type C and then my kids what was that? Type C is they learn to type it's a typing program it's$9 a month fine thank you it's the only subscription I'll allow I think they'll just do people need to learn to type these days because there's like you're kind of forced to exist on every piece of technology don't you just learn by but I want them to learn the proper way to type I don't want a hunt and peck kind of thing going on.

1:14:41I don't think they will if they want to type quick. I'm okay with it. My 27-year-old does not know proper technique. He can hunt and peck real quick. Is he dumb? No. He's brilliant. Don't talk about my baby. I didn't. I asked a question. $4 ,637 is what you need to survive. You actually have a window. so your debt does not need to be increasing on a monthly basis if you actually budget because you have an additional 533 dollars and four cents on a monthly basis and uh another reason i'm okay with the typing thing is because again home is school for them and typing is something you usually learn and uh like third or fourth grade i don't remember exactly so and that's a part of it and it makes sense uh typing.com is free i'm being told oh so maybe look at that okay we're playing shot collar operation in the post show oh i don't know what the i don't know if i want to do this

1:15:42okay are we gonna shot kelsey

1:15:48yeah let's talk from the editors i don't want to get shocked okay 533 dollars which you have left on a monthly basis yes so you're willing to work a second job sounded like i am how many hours a week extra are you willing to work somewhere uh as many as i i mean 24 24 okay 24 i'm gonna call it 10 bucks an hour okay you know it's an extra 240 bucks a week okay okay times that by 52 divide that by 12 just to get a good average so extra 1000 let's call it an extra let's call it after taxes an extra$750 a month that's awesome$750 plus the$533 you got you already have an emergency fund$1 ,283 now if you're willing to change your behavior cancel your credit accounts and close you close your accounts jump up your cards i would use ten thousand dollars of that twenty thousand dollars okay and in fact that scratch that reverse it i would take out eleven thousand one hundred thirty four dollars and pay off the best buy card okay okay yes for some reason the paypal bothers me so much more well i don't care i don't care but can you take out 11 134 from it that you will put back that i'm gonna i'm gonna give back to the emergency fund yes can you do this i i can ask i mean it's a conversation so it's her money yeah so are you sure you can use it as an emergency fund yes i have this is an emergency see i don't know if she sees okay i'll talk to her okay if you want me to i'll talk to i'll how old is she 69 okay can i call her old yeah i'll yell at that old i will i'll tell her to use the money if it's sitting in the emergency fund and you're considering it your emergency fund let's do that hey do you what's the likelihood because i want to know what i'm doing here it's i would say 80 okay that she go for it because you will put it back don't get me wrong you will put it back okay i'm crossing out the best buy card and congratulations because of that you literally have an extra 402 dollars you get to put towards that on a monthly basis you have a thousand six hundred eighty five dollars you can put towards that you know how crazy that is that is so good so what am i doing from here month number one month number one i am paying off basically no i don't want to touch that medical get get on a minimum payment for the uh the 1700 medical debt but i'm taking care of the second medical debt of 283 dollars that's paid off and i'm putting the rest towards the the emergency room and then the second month i'm paying off the emergency room third month i'm putting uh honestly i'm paying off the 1700 dollar medical debt that will be a little lower at that point okay what are we on month number three or four three but why would you choose to pay something that doesn't have any interest over the ones that have okay it's less about interest but you could avalanche okay i just don't think it's right for you just based on my assessment through this conversation because you haven't managed that or managed even controlling your spending in any way whatsoever.

1:19:20So I think the small wins of paying off a debt will give you a better shot of getting towards the end than killing a big one. But because of that reality of the interest rates, that's why I use the emergency fund to kill the big daddy. Gotcha. Okay. So from there, month number three, throwing everything I can at the synchrony card. Month number four, synchrony is finished off and throwing a little bit towards the PayPal. PayPal at that point should have about$2 ,000 by the way on a minimum monthly basis now to throw towards that. That should take an additional four months to pay off. Let's say we're eight months into round.

1:19:56I think because of the additional minimum monthly payment on that, it's going to take another four months to pay off the RBFCU. 12 months and you're out of debt. 12 months you're out of debt and with the minimum monthly payments you have now that$11 ,000 you took out honestly in another four months you should be able to put it back in so that's a year and four months and the emergency fund is back up to 20 and you literally have no debt but your mortgage and I wouldn't want you to put more towards that mortgage anyway at that incredible rate but you literally have no debt a year and four months if you sacrifice if you budget and you work that second job which doesn't even seem possible quite frankly Okay, well, it is.

1:20:40And I'm going to honestly be pissed if you don't. Because the fact of the matter is you're older than many guests on the show. So you need to take care of this now. And two, compared to many guests on the show, you get out of debt like five times quicker than everyone. Okay. With just a little bit of sacrifice. So don't fuck around. It'll piss me off. It'll legitimately piss me off because you're destroying your life and I do not want to see you. You're 47 and a half at that point. You're 47 or 48. And you're debt free. your life has completely taken a 180 and you're in an amazing position where you can start throwing that money towards retirement and if you want to work till you're 87 you're able to throw a thousand hours to retirement on daily on a monthly basis you actually might get to that goal of that three million dollars you could potentially have properly invested and you'll sit down with the licensed uh investor to talk about that you'll also learn things through the investing class if you want to self-manage and who you should talk to and what accounts to open but there's a chance here if you don't sacrifice right now if you don't get that other job if you don't use the part of the emergency fund it's gonna take like a decade to get there and that's just a joke you don't have a decade you don't have a decade in your financial life to do this you need to take care of this now this is an emergency this is a financial death sentence a year and four months is nothing to have fully out of debt and a fully funded emergency fund it is nothing okay what do you think um i think i'm willing to give it my best shot i've failed so many times kelly i'm not gonna sit here and lie to you i i want that you're preemptively setting yourself up for failure and with that kind of mindset you're not gonna get there i'm sorry okay that's not how this is gonna work and i'm willing to check in with you as many times as you want and need you know in person virtual whatever you prefer i will go home today and i will close all my credit card accounts Good.

1:22:32So I can never use them again. Good. I will have a conversation with my mom about paying off the Best Buy card. Yeah. Today. Explain the why and let her know you will put it back within a year and a half. Right. Because you're going to go get a second job and here's your debt payoff strategy and tell her. And then if I don't get the career advancement that I anticipate, I will look for a higher paying job. Yes, but you're going to work the second job immediately. Yes. Okay. And I gave you$10 an hour. If you can go find something that's$16,$17,$18, you know. I've never. So how do I navigate that if you have time?

1:23:14Navigate what? So when I've applied in the past, because I do have a master's degree, because I do have some of them are like, well, you're way overqualified. We don't want to. Well, you know, I just need money. Don't put the master's degree on your resume. you want me to fib well I mean you're not no you're not saying I don't have a master's degree you're just not including it if that's the main concern is they say you're overqualified to work at a coffee shop or something just be like yo I graduated college and I just want to work an extra job okay alright okay your hammer financial score zero out of ten when it comes to spending a budget because of course you were over by $800.

1:24:01Debt one out of ten because it's almost as bad as you can get without IRS and financial debt for your financial situation. Emergency fund it's weird. It's fully funded but it's in control by someone else who literally you have to go ask to get money even if an emergency would 100 % be funded it's still weird. Okay. Was the$5 ,000 for your car$3 ,000 for your car pulled from the emergency fun no or how would you pay for it my mom paid for it oh she just paid for it herself okay either way it's weird so i can't give it a full 10 out of 10 i'm gonna give it a 6 out of 10 because it's really precarious retirement 1 out of 10 because you started but it's basically nothing real estate you do have a house and it's a great rate the mortgage is way too much for your income if the social security you know once that starts ebbing and flowing things get a little weird so your job situation needs to be figured out so because of that i am gonna give it a six out of 10 hammer financial score and when you took the quiz i mean those are probably the things that held you up

1:25:06hammer financial score i'm actually gonna do a three out of 10 i don't know what you answered for emergency fund when you did that but i think that also is pulling it pretty high so hammer financial score three out of 10 make sure you check out all the resources linked in the description below is there what i use or would use in specific situations including the best budgeting program and best investing program where you get a hundred dollars for free just for signing up all in the description below and make sure to stick around for the zap zap in the post show here we go today on the financial audit post show and i went out and i bought a shot collar and so basically the premise of the game shot collar operation is to play the game of operation except there is a shot collar when you do that

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