Man Baby Is Professional Victim | Financial Audit

21 Feb 2024 · 1 h 14 min

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Podcast Summary: Financial Audit - Episode: Man Baby Is Professional Victim

Episode Overview In this episode of the Financial Audit podcast, Caleb Hammer interviews a guest, Brian, who provides insights into his financial struggles, mental health challenges, and lifestyle choices leading to his current predicament. The conversation dives deep into financial mismanagement, coping mechanisms, and the consequences of poor spending habits.

Key Participants

  • Caleb Hammer: Host, financial expert
  • Brian: Guest, 36 years old, currently living in Denison, Texas

Episode Highlights

Financial Situation

  • Current Employment: Brian works as an assistant store manager at Casey's General Store, earning approximately $3,293 per month before taxes.
  • Living Conditions: Brian has moved back in with family after experiencing homelessness, primarily due to his mental health issues leading to job loss.
  • Debt Accumulation: Brian discusses various debts, including:
  • Credit card debts with high-interest rates.
  • Loans for car payments on vehicles that have since been repossessed.
  • Spending approximately $956 on eating out in one month.

Mental Health Challenges

  • Brian has been diagnosed with several mental health issues, including Borderline Personality Disorder (BPD), depression, anxiety, and ADHD.
  • He expresses feelings of worthlessness and struggles with maintaining relationships and employment due to his mental state.
  • The conversation reveals how his financial choices are intertwined with his mental health struggles, contributing to a cycle of despair.

Spending Habits

  • Discretionary Spending: Brian engages in excessive discretionary spending on fast food, gaming, and other non-essential items. He acknowledges spending thousands of dollars on in-game purchases and subscriptions.
  • Coping Mechanisms: His spending often serves as a temporary escape from his reality, leading to detrimental financial consequences.

Key Discussions

  • Financial Awareness: Caleb emphasizes the need for Brian to understand the specifics of his financial situation and create a structured budget.
  • Mental Health Support: A significant portion of the discussion focuses on the importance of seeking appropriate mental health support, reiterating that previous therapeutic failures should not deter Brian from continuing to seek help.
  • Accountability: Caleb urges Brian to take responsibility for his choices, highlighting that he has control over his financial future and should not succumb to a victim mentality.

Recommendations Provided by Caleb

  • Budgeting Program: Caleb offers to enroll Brian in a budgeting program to help him manage his finances effectively.
  • Seek Professional Help: He stresses the importance of finding a mental health professional who understands Brian's specific issues.
  • Consider Relocation: Caleb suggests that moving to a new city, such as Denver, where Brian's friend lives and where job opportunities may be more accessible, could be a beneficial change.
  • Community Engagement: Encourages Brian to engage in community activities to build relationships and help combat isolation.

Key Takeaways

  • Understanding Finances: It's crucial to know where your money goes and create a budget that prioritizes essential living expenses over discretionary spending.
  • Addressing Mental Health: Mental health significantly impacts financial decisions; seeking help and addressing underlying issues is essential for long-term stability.
  • Taking Control: Individuals must take ownership of their financial situations by adopting responsible spending habits and actively pursuing help for mental health and financial issues.

Conclusion This episode of Financial Audit presents a raw and honest look into the intersection of mental health and financial struggles. Through the discussion between Caleb and Brian, listeners gain valuable insights into the importance of addressing both financial literacy and mental health awareness to build a better future.

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Transcript

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0:00I'm on camera. I'm a little nervous. I'm being a little defensive. I'm not nervous at all. Never mind, then I have no hope. I was trying to make an excuse for you to be a little ridiculous. I can't have no excuses. Thank you. Huh? I can't have no excuses, but thank you. This is Brian, 36, from Denison, Texas. This is Kyle and Shawda. What do you do there for a living? I am currently an assistant store manager at Casey's General Store. Have you heard of that? Oh, my goodness. This explains so much from what we're going through the statements. You know. I think you give them more money than they give you.

0:32I do. I do. You see a lot of those cases on there? Yeah. What the? I literally work at the desk and walk around and get food all day. That's basically what I do. So. How much are we making in this position? Even though it's paid off. 19 an hour, 40 hours a week. At least you're hitting that 40. Yeah. Good. It doesn't seem like it's that much, but. Yeah. Well, on average, it's going to get you about$3 ,293 a month. Before taxes? Yeah, on average. And, of course, it's technically going to be a little different because some months are the longer months, some months are the shorter months. But that's what it gets to on average if we just break it down by 12.

1:09Okay, how do you feel living off of this? Terrible. Like, I can't survive off what I make there. And they have, like, a thing called daily pay, so I can draw for my check periodically if I need to. That's what I've been doing. Now I'm doing that consistently, which I'm, like, never getting out of the hole. Didn't you just move back in with the fam? I did. Is that because of this? No, like I was homeless. So then they said, oh, hey, we have an extra room. Come chill with us for a little while. And then I got this job and I'm kind of stuck there now. Where were you? And why are you stuck? I was living in my car.

1:40Really? For how long? About a month and a half. What happened before that? I had a really good job actually for two years. I worked at an architecture firm making like 50 grand a year doing that. Sure. I loved it. Passionate about that. But then I just had issues like a BPD. um i have which is mission itself um depression do ppd that's borderline personality disorder oh yeah okay so that really kind of how does how did that impact your job very bad like i came there and i literally thought everybody had a certain like view on me that wasn't accurate so i took that and ran with it and i just quit my job out of the blue you quit it the day of the two year anniversary no okay so because that i lost my apartment i lost my car like everything kind of like felt have you tried to get back in that company no i kind of burned a bridge with that one no how so before that i actually didn't work for a whole month because i was in a deep depressive mode and then talked to me out of bed nothing and then he finally reached out he's very good about it so i'm shocked um but he let me come back they'll ask for another three months when I got back there.

2:48And then he's like, okay, that's it. I can't do it anymore. I thought you said you quit. Yeah, I forced him to fire me. Oh, what the? Like, how did that look? Yeah. What do you mean? Like, it looked... No, no, no, no, no. Like, how did that work? How did you force someone to fire you? Well, basically, I left where he, like, couldn't take it anymore. He just, like, fired me. Okay, so we're not going back there. Yeah. Why not use the resume experience to try to land something in a similar field? Because it's very competitive. I actually got lucky with that one. usually require a degree i just don't have i just had my experience yeah but now you start having more and more experience you had two years experience there that helps start counteracting the no degree well the area i'm in is very small i mean opportunities for that i have to move somewhere i can't afford to move so i'm kind of like just stuck where i'm at right now 36 living at home okay i know the mental health thing i mean that that's that's that's hard if that's what

3:43when did you move back how long have you been home now i want to say the middle of november actually the beginning of november but you've been doing since then just working this gas station job yeah i only got it because it's the easiest job to get and i paid the most for what i had there so easiest job to get are you satisfied no i hate that job then why have you been doing anything to get another job since i've actually been trying to get a certification for um the tech field i want to do cybersecurity but it's getting like the discipline to go in there and finish it and that type of things i'm struggling what do you mean well have you signed up for something i do the freecodecamp.com thing i did that for a while and i heard those don't really count for a job like it's not really a credible source i guess for knowledge or whatever so yeah i'm not sure about that yeah i mean i love course careers uh they do tech certifications but i don't think they do cyber security oh wait no i think they just added it um i mean i could like gift that to you yeah but like even if i did would it even matter i mean you're in and out of things yeah i've had 50 jobs since i was 15 okay and does it all stem down to this mental health issue that i get bored really quickly okay well that's different that's different because i can sympathize for something you can't control when it's part of like your literal brain but if it's being bored quickly it's also like a bunch of things it's that mainly that but like also boredom like i get burn out so fast yeah but boredom's not an excuse like you gotta live i do but at that time i'll think about that i just think about me not enjoying my job so just leave without any kind of like you have a day where you're bored and you're like oh that's it that's it i'm gone pretty much what's the most you were ever making was it that 50k that's like the high page i've ever had yeah you're like 40 now ish and uh that's probably the longest job i had what's your what's your goal then you're living at home before we get into this insanity that's in front of me a massive stack of death what's even your goal what are we getting to short-term goal to get a parent's house of course uh long term yeah 36 uh long term is to actually be able to buy a house you know okay i'll eventually do that and have a decent credit score that isn't abysmal like it is now and get a very uh good interest rate on anything because right now i'm interested how do you do that without a better job a job that you might get bored and you quit right and the mental health thing i'm not going to dig too deep into that going forward because that's something it's like okay see a professional i've tried okay i know but they don't know anything about that continue to try what do you mean they know nothing about that i went to three different places i said we don't know enough about this disorder to help you you went to three different places there's limited on what i can do in that area i have to travel i don't have the money to travel what's the name of the town again denison where about it's like an hour north of dallas okay you can go to dallas right dallas is a huge metro area yeah that takes gas and time which i don't have much of each i know but if this thing is controlling your life i think gas and time plus the cost to go to the therapy or whatever that's expensive of course absolutely but there's also like um i mean it depends on what they accept specifically but they're all there are like actual programs do you qualify for any assistance no I'm like wrongly cuss like my last job I made too much now I make like a little bit more than with an image for that yeah I think it's like 12 was the max 12-15 so well but even still I mean with the healthcare exchange I think yours would still be very very cheap to get on an insurance plan maybe in your situation maybe i can't afford i can't afford to get gas i could not afford get gas to get here today okay so i can afford like that makes no sense yes it does in my head no sense you live at home so where's your bills that's a good question i don't have bills do you have a good answer i eat out all the time because i don't cook at home i don't talk to my family why stay in my room really stay in my room go to work come home that's all i do that doesn't sound like much of a life no it's not we don't get along so you don't get along well they history of that oh the reason why i have that brain is because of my family and i'm stuck with them now shouldn't do that so now that i'm stuck there i'm trying to get out okay you can't well i don't okay that sounds like some deflection oh yeah a little bit i mean but like this could be stuff that has developed over time something that you were biologically born with no i don't know you how can you say that because all the research i did all the people i've watched about this disorder it stems from your childhood how you're raised order person uh and your other ones too didn't you say you had a lot of other stuff as well anxiety depression and adhd ocd like a bunch of different things well life is unpredictable we all know this that's why it's important to safeguard your family's financial future so if anything were to happen to you your family is protected fabric by gerber life makes this important task straightforward and stress-free.

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10:17Anxiety and depression, I mean, that one makes a little more sense. Of course, there is stuff that's biological as well, but that can certainly be like pressed upon someone in a traumatic situation. So basically what it is is the time when your brain starts to develop at a certain age is when that mental abuse can happen. So it kind of structured my brain how it is now in a way. What happened to you? Well, a lot of it was mental abuse and physical abuse by both parents, like simultaneously. So I was trying to battle both of those at the same time. Very difficult. Had the ambulance called multiple times.

10:47Cops got involved. It was a whole thing. And then to this day, they still did not happen. Really? It's gaslighting the whole thing. That's why it's tick. I try to stay away from them. That's hard. Now I'm stuck with Aaron until I can afford to get out, which I don't know when this happened. I mean, at$40 ,000 a year, you could afford to get out. I don't see how. By not doing what you're doing with your money. Yeah. As simple as that. Here's a decent first step in that process. Don't borrow at 525.18 % interest rate of insanity death. Kill me now. That's a pretty good first step. Let's not do that.

11:25That's called desperation, man. And that's called stupidity because, again, you don't have bills, really. Other than the debts that you've taken out, you really don't. In the car, but at$40 ,000 a year without much overhead, desperation for what? Because you went and spent it all on fast food and spending it at the shop that's supposed to give you money. Then all of a sudden you're like, uh-oh, I don't have any money because I just had to spend it all on bulls. It doesn't even matter. Well, see, my whole family's fucked up, so we were down to one car. No, we were down to one car. So I had to get a car so we could all have a way to go to places.

12:02My sister has a business. She works in Dallas most of the time. My dad has a business, construction. He's gone. Mom stays home. We were down to my sister's car, which is still f***ed up. So I had to get a car so I could go to work instead of relying on one vehicle to get there. Well, yeah, because... So I had no choice but to get that. That's all I could qualify for, my current credit. This was for the car? Yes. Well, what aspect of the car? Because it was a separate car loan. Which one? What are you talking about? Are you talking about the Mustang or the Cadillac? oh the Cadillac what's up with the Mustang Mustang was the one actually recently lost I was living in for two months the engine blue it was 31 after the interest rate I got for 22 so I think now I when I left I had 2019 owed I still ate on it after they sold it to the at the what's called auction so What the f*** is this$500 that you borrowed at the most insane interest rate ever?

12:56Do you know what that was for? What? You just said it was for the car. That one was for mobile purchases. Oh, the f***ing gems that I saw you purchase every second of your life on the statements. Spoiler alert. That are just insane. Like, I'm going to. My mouth is going to, like, run dry when I name off all those purchases. What? What gems? What are you buying? What is this? You said it's addictive. What is it? It's literally a half purchases. Of what? like a dopamine like of what what are you in at purchasing just currency different packages they offer it's stupid i know but like it's it's something i'm kind of you think it's because you're like i mean you go to work and then you literally just sit in your room and hide from everyone so the baseline of it is i like feel so little myself that makes me happy for a little bit i spend a little money makes me happy you know like i'm terrible on finances like that little bit like kind of helps me i mean you don't you don't do anything right i stay home i know No, and it's very – in adulthood, post-college, it's actually very difficult to make adult friends.

13:55Yeah. So, like, I empathize with that immensely. But even still, whether it be, like, gosh, Bumble BFF or something, you know, just try to meet people. I have one friend. He's in Colorado. I've been in France for two years. Been in online gaming. Okay. Great guy. Helps me out a lot, actually, with my mental stuff. He really understands and gets me. It's great. Everybody else I cut off because of that. Like, if they mess up one time, they're gone. That's not healthy. It's not. It's not healthy at all. I mess up all the time. Friends forgive me. Some of my friends mess up. I do too. I forgive them.

14:24Right, it's part of it. It's how it is. It's how it works. Like, in my brain. Like, if I can't... It's either, like, a zero or a thousand. Like, there's no middle warm. It's cold or hot. Okay, but you recognize that that's incorrect. I do. But when you're there, you don't think about that. No, I know, but after the fact. Like, okay. Like, sure. You can have a bad moment after the fact. But then you, you know... Try to apologize later, but then you're like, gotta like hunker down and like really apologize to people that I f*** with and I can't seem to do that sometimes for one I don't think they care enough to even like you don't know you don't know you said I don't think you don't know right if you don't know then stop then it doesn't matter it doesn't okay well it's a constant battle so huh it's a constant battle it's been a constant a battle for the past 25 years so okay yeah because if i mean my main thing is you can't just say oh go get a friend and then all of a sudden then you'll stop spending on all the gems and in-app purchases insanity it's the little bits to make me happy it's just like empty empty happiness it kind of comes and goes very quickly same with the game yeah no yeah yeah yeah for sure i get that and i empathize with that um i'm just trying to think like i don't know that town i Wait, what is it called again?

15:37Denison. Is that where North Texas is out of? University of North Texas? No, that's Denton. Oh, sounds so similar. Sherman, McKinney, like it's kind of around there. Like that's from 20, 30 minutes. Either way, there's going to be people that there's like groups. Like, I don't know. Are you nerdy? No. Well, I like a lot of nerdy things. A lot of different things. Yeah. But I'm so like, my confidence is very so I don't really go out and like. Well, congratulations. I have a very good news. There's a lot of people with really confidence that also want friends that are also nerdy. There are club things online.

16:11I mean, if we put just a little bit of effort into it, it's always awkward at first and it sucks. And as someone with social anxiety who hates meeting new people, I hate that I'm meeting you right now because you're a new person. Right. And it sucks, to be brutally honest. But at the same time, I also want you to do better, so it's worth it.

16:29But going over that hump ends up being worth it in the end, man, if you're willing to. I don't want you cooped up there all day because that's scary. It's leading to really bad poor habits. And that's just going to continue to spiral. And if you're not willing to seek mental health professionals, then then. Well, see, I am, but it's just like I don't think anybody knows enough about it to actually do me any good. Think. You just said that again. You don't think. I don't give a fuck to think. I think a lot, but yeah. No, it's fantastic. But at a certain point, unfortunately, when it comes to mental health things, which are always being discovered in the field of like even coming close to understanding anything about mental health is so fricking new that you just have to keep trying.

17:09If you give up, you've lost, you've, you've, you've just lost. You've accepted that. You have to keep trying a lot actually. So, okay, well that's obviously terrible. And again, you recognize that. So like try to do something to not you, if you recognize all your issues, this is like, I'm very self aware. it's just getting to do things to do anything about it is the next i think you've just given up man i mean you're sitting in your room you're just buying the gems which now okay at my age i know i'm old i'm late my parents house but my parents are also in the same they're actually in similar financial situations me at 60 years old they don't have any retirement they don't have a house they're renting right now the cars why do they matter why are you talking about this i need to get to a spot where i can like support them eventually because they're not going to be able to retire and stop working until they die so i have to maybe your siblings will help as well She's living with them too.

17:57My sister and my niece are all in the house and myself. No. So, yeah. Hold your sister? She's 30. Oh my gosh. What is that house? So you borrowed$500. The finance charge is$657. Because you borrowed a 525.18 % interest rate of death and sanity. Stupidity. Total payments of$1 ,157.18. Which I have not paid on that ever. I haven't made a single payment. I don't think I made a single payment on that. Why? why it would be done it would be done you'd be over it so what the why because i'm a idiot that's why like okay no like no seriously i don't want to put money you're not something i don't see it has to be tangible that's not being an idiot that's just you making a choice that is you just making a choice i i will not accept you saying there i'm just dumb no you're gonna You're just not being an adult and taking responsibilities.

18:57Yeah. It's not because you're dumb. It's because you're choosing to. Yep. I don't give a f*** on that, actually. That's why I don't. Why? I get a little loans because. Why are you not giving a f*** on that? Why are you sitting in that chair? If you're making a lot of money, why should I give them all that money? Because you signed it. It's the f*** it is that it even exists. You f***ing signed it. You went there. You took someone else's money. You signed the contract saying these are the payment terms in the six payments that would be done two months ago i agree to do i didn't even read that i don't know what all it says i don't ever read anything that i signed and then and then you talk to me about wanting to buy a house and have a good credit score eventually when i get my if that ever happens uh not with the language you're using is this a joke what the yeah is it a joke to you no it's not not anymore used to be when i got that then then it's time to pay you'll pay on this then you'll pay on this done i would love to pay on it yep good so i'm gonna get my debt down it's like i don't know it's not a lot but it's a lot from our current situation so a lot of different payments here and there and they're high payments too minimums where your money's going what is the one of the stupidest things i've ever seen someone choose to do yeah and what's the balance on this now anyway What's the balance on this?

20:16After possibly late pay? Yeah. I'm going to check in a while.

20:23Okay. Here's a credit card. Which one? Capital One. Okay.

20:31$698.62. The credit limit of$500. $500. What are you doing? So see that? I got that when I got that really good job. I was getting paid like the same amount. It was a salary job. So I knew what I was getting. so I could like budget it accordingly. But since I lost that, I couldn't really keep up the payments. So that was an auto draft. Do you mean though? I bought that to build my credit and then I maxed out when I got homeless. You can't keep up with the payments. $40 ,000 a year is not even close to a luxury salary. Yeah. You don't have to pay rent or utilities or anything. I do have to pay rent.

20:59Oh, what's your rent? 200 bucks. You don't have to pay rent. It's some kind of money coming out of my account. It is money, but$40 ,000 a month. I know. It's such a small percentage. But for taxes, I don't make that much to take home. Dude, your taxes are not that crazy. What? What,$400 a paycheck? Yeah, it's not that crazy. Trust me. I was just getting that a whole month in my last one. I got like$3 ,750 before taxes and$32 after taxes for a whole month. $3 ,200? That was the last job. This one, it's like$2 ,900. $2 ,900? Yeah. Yeah, rent is 7 % of your income. I think you can afford the bait.

21:43I can't afford to get out though. The rinse, they're kind of higher for the area. Sure. That would be harder. That would be harder. We'd want to see you stick around on the max. And I don't know you, I know for a fact you could find this max end of like 1300 bucks a month. Max end. Like the last one was 13 and I could barely make that with the last job I hadn't because you're spending. It's because you don't know how to budget. it's because you're being a child with your money so it's not that you couldn't afford it it's because you chose to be stupid about it if I put you through our budgeting program will you even take it?

22:18of course look at this what do you mean of course how do I have any semblance of hope so the discipline it's going to take me to get on that but yeah eventually hunger down and take care of it that's a kick the can down the road that's not anything eventually is nothing I can't say oh I know I'm not gonna die fat because eventually I'll budget that's not anything it's either I can start dieting you need a tasteless salad in that conference room that we were just in earlier that tasted like nothing or I continue to be fit well and then we had donuts so it negated yeah either way those are great they're fantastic but if I just say eventually I'll do this so I know it's gonna be okay that works I like to quit something I don't like feel I can actually 100 % commit to it.

23:07But what do you mean? You don't feel like you can 100 % commit to it. I was like going to say right now, leaving. Yeah, I'll totally do it. Yeah, but why won't you? Why won't you? Why won't you? Because it's the routine. It's the history. It's the repeatingness. I'm going to go to work and still buy snacks, I'm sure, when I'm there and get hungry. So that's going to be hard to cut out of that. I can't take work. Sandwich. Pack a sandwich. A sandwich. A sandwich. Like an adult human being. Mm-hmm. Go to the grocery store. Adults make sandwiches? Any sandwiches? Yes. Okay. Go to the grocery store.

23:42Mm-hmm. Buy chips, put them in a plastic bag, then you eat that instead of spending$3 on a half-air-filled small little bag of bullshit. Yeah, it's kind of... What are you getting? Are you getting, like, monsters? Are you getting, like... Random energy drinks. Cool. Buy big packs from the grocery store from costco pack them and bring them i don't have costco there costco's like an hour drive sam's club i don't know those would cost membership i can't afford to get one right now with the amount that you spend in just a couple days of snacks yes you can that's the stupidest thing i've ever heard how are you so just you know that's incorrect what you just said so how do you spew that to me how do you possibly how are those words i had 15 dollars in my account right now so that knowing that right knowing that i can't afford to do anything but yes okay today you could have your next paycheck you could but by the time your next paycheck comes in you're continuing down the habits that you're already done and you immediately spend it on snacks at the place you already work at and gems you can't afford to do it you are choosing not to be able to afford to do it because you're putting your money right in the stupid stupid places yeah and the daily pay thing i pull that every single like week i have to pull money to survive until i get paid again so like my next check is even smaller it's like a never-ending cycle of having to pull money and then pay it back like a short little loan that gets taken the automatic out of my check i don't want to take payment on this$219 we're over the balance because that's insane tried to make a payment it bounced so it got put back on why did it bounce you didn't have money checking account but because you went and spent it on playstation networks no because i was homeless had to eat so i had to max out my card no no the payment the payment yeah the car is why they bounced so high i had to max it out no no no no no no how do you not under this is this is this is this most recent stupid payment you were not homeless this most recent stupid payment sure you max it out when you're dealing with homelessness gotcha okay in the past it happened okay now you're at home you have no expenses your rent is eight percent of your income which everyone would dream about which everyone would dream about and you put your money towards the stupidity towards the stupidity and then your payment bounces and you say oh it's because i was homeless you're not homeless anymore no but that's since november so this should have been able to be paid yeah that's the product of my recent or previous was that no the missed payment yeah still what i couldn't form my last name i had to borrow money from my friend to survive the next paycheck yes you could have how show me show me how

26:20nine hundred fifty six dollars was going out to eat nine hundred fifty six dollars last month within the statements that we have yes the most recent statements what do you mean what that seems a little much i don't think i spent that much in eating out but you do Uber Eats ain't no helping and includes you stopping and getting in cases not stopping but basically a thousand dollars thousand dollars so can you afford that? that's like half my paycheck almost or half my income oh weird isn't that interesting or a third of it yeah who would have thought? I didn't that's for sure well you did not do any thought of any kind apparently

27:11I can't read these. You're kicking them up. What are these? Is this the one I sent you? Yeah, these are just statements. You already know them. You already have them. You might not know them. I didn't look at them. I didn't get them in the mail and didn't really look at them. Fantastic. Great. Thrilled. First premiere. Yep. that was actually worse than capital one i think as far as the interest rate goes sitting 174.94 over the balance you are an immature though a thousand dollars i'm immature a thousand that's not immature that's just being reckless with my finances you're being so immature with your finances what the possible are you talking about you go spend a thousand dollars on on bull on stupidity eating out instead of actually paying your bills that's bull and you're delicious congratulations and that's an immature statement that's an immature statement and then PlayStation Network and Gems $409 is 7.7 % of your spending and the only reason it's 7.7 % of your spending is because you had a massive $2 ,500 vehicle vehicle payment how much was the PlayStation you said no no all the Gems and the PlayStation all that extra crap that doesn't matter $409 a month.

28:31That's not consistent, though. That was like a one-time Oh, yeah? Actually, the worst I did to that was two grand in one month. That was when I worked at my last job. I spent two grand on the game. It's almost like you're proud of it, man. No, I'm not. I'm just like, this is all the issues I've had. It's been a problem for a while. Then is this the conversation for you? Is this the conversation for you or is a mental health expert? Both. Really? Because you don't seem to be taking anything to heart. I have here. I think this is only a part the conversation yep okay so just give you an idea like the history of my spending so i used to sell houses for a living like three years ago and i would make about 30 grand a month give or take on that and i blew it every single month the whole thing all of it and i have nothing to show for it you need to take our budgeting program than anyone yeah it's kind of made me sick after words I was like, where'd my money go?

29:26I couldn't tell them. I didn't. You know what pisses me off right now? You know what actually pisses me off? This sucks. This sucks. And this actually has to do with you. But just your language and your lack of care, it seems like. Not even willing to go see someone from a mental health perspective. I've tried. You tried. Mm-hmm. But nothing going forward from your language. What pisses me off is we have seen from the average of people who've come on the show that they pay off a good amount of debt within just a few months. And the next time we take that poll, you're going to skew the statistics.

30:00Because I don't think you give a single sh**. You're going to skew the... No. Have you listened to yourself? Has your complicated airflow made it back to your ears? It has. A few times. And have you been able to comprehend what you've said? Mm-hmm. Okay. I have. It... No, I don't think... It's just in the way you're talking about. Hopefully you're just like, okay, I'm on camera. I'm a little nervous. I'm being a little defensive. I'm not nervous at all. Well, never mind. Then I have no hope. I was trying to make an excuse for you to be a little ridiculous. I can't have no excuses. Thank you. Huh?

30:38I can't have no excuses, but thank you.

30:48Cadillac. Is this your current driver?

30:53What about a catalog? Is that your current driver? It is. 105 ,000 miles on it? Mm-hmm. Pretty good for the year, I would say. Could be better, but it's pretty good. $16 ,551.21. Cool. I think people are going to... Well, really, only read it because they're the only people that complain about things. But they're going to... I'm going to be like, Caleb, so mean. Oh, you do not want to know what it's like. You do not know what it's like to be on the side of the table. What's the interest rate? You're pissing me off on that. You know, that's a great question. That's what I was going to ask you. I have no idea what it is.

31:24I know it's some sugar. Yeah, I mean, you gave me an order slip, not a statement, which we request a statement. I have statements. They're in there somewhere. Nope. Give the whole thing. Huh? Give the whole thing. It might be on this page. One second. Biweekly. Biweekly payments of$222. Biweekly payments of$222. You said it's on that page? It's not this one.

31:54$444 a month. That is some... What's the payoff actually on that? Is it 20-something? No,$16 ,551. Total cash back then. Okay, so what's the... What's the interest, though? What's the interest? I don't know. I think it's like$22 ,000 with interest. I don't fucking know. I think it's in there. Somewhere. I don't know what it is either, but I think it's$22 ,000. Is it? Okay. The car is at 17 %? That's my bank statements and, yeah, bank statements for the old ones. So you sent some things that we didn't even have access to? No, I sent pictures. There's more? Mm-hmm. And the card's at 17 %? Yeah. Again, desperate, man.

32:32I know the choice all I could qualify for. I want to go to sleep. Why? And give up. Don't do that. It's not that bad, right? It could be worse. And that's why I go so hard on people because that's what everyone comes into the studio thinking. And I need you to know how bad this is. My big fear. i'll be honest my big fear is that and i i i don't i'm not diagnosing because i can't because i don't know but like is this going to be more of a mental health thing and then is this conversation just unnecessary i don't know it's like am i being too hard on someone because it's their mental health thing or is a lot of this behavior from the language you've been using i think a lot of it is behavior but then you said you had uh some potential mental health things so it's a really hard balance to know where is my place in this i do think a lot of its behavior but again i cannot diagnose that accurately that's just my thinking and i told you we shouldn't just go off of thinking so is it mixed it's probably 50 i would say on that um i did a lot of behavior even helping helping them i'm hoping so that's why i came here you're hoping so but a lot of people come here because they know the tough love approach works for them because it works for some people and if If it doesn't work for some people, they shouldn't come on the show.

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33:45So structure and a plan work for me more than anything else. Because right now, I don't know anything about finances. I don't know nothing. Well, we'll create a structure and a plan. First, we need to dissect your financial situation so you know that it is, in fact, bad. Bad. It is bad. Main checking, negative$603. Non-active checking, negative$108. closed account negative$420 so I brought the statements on those if you look back what happened was I reversed or disputed a bunch of charges on my checking account last time and then I guess they took of the game too much I didn't realize that and they took them all out again so it made me super negative so you like did a provision of credit reversal on all those which brought them like that and now they're all in collections their own collections i had a made agreement actually with the bank to uh lump them up into one single sum and pay on it and they didn't do that they sent it to collections instead so yeah oh good okay your credit yeah it's like it was 615 now it's 440 within two months within two months gosh okay I think also I bought the car too soon but I felt pressured to get one because of my family situation so I saved up $2 ,500 to get it that's all the money I had literally all the money I had I actually had to borrow$300 from my parents to pay the rest of it so I've been kind of behind ever since then but yeah I've been trying to save to get out but that car really did it for me.

35:28So are you feeling a bit dirty? Are you a s for index funds like me? Or maybe you prefer BDSM, bonds, dividends, stocks, mutual funds. If that sounds like you, your finance daddy is only giving you these exclusive designs to the end of this month and then they go away. And if it's not for you you can eat my assets get your dirty money shirts mugs posters stickers and sweatshirts before time runs out at the end of this month go to shop.calebhammer.com forward slash dirty or click the link in the description below normally i thank the guests for coming on not in this case i don't know yet like if it leads to something that actually helps you maybe you're just this is just maybe just you and i'm just like so if it helps you then yes thank you for being here if it helps people out there thank you for being here you can apply link in the description below actually you can refer someone that's even better because most people you know who need help probably need to be referred anyway that's just a few people i need to refer to you actually so you think you're getting something here yeah all right then let's continue

36:47Big lunch? Finance daddy back in action. Big lunch? No. Big pile of destructive insanity in front of me. All right. Is there more? First career? Isn't there like a list of my transactions on that? Somewhere? This is the one we already looked at. This one, this one, this one specifically. Oh, trust me. Oh, we have pages to go through. Yep. Kickoff lending? $60? You can pay$60. You spend$60 on snacks a day. What is that? Was that a credit building thing? It sounds like it from the name, but I don't know personally. I've never heard of it. I think it was a credit building thing, actually. Yeah. I did like five or three different companies.

37:34It's currently open. $25 past due. This shouldn't be. What do you mean? What the f*** do you mean? What do you mean it shouldn't be? what do you mean it shouldn't be it is this like a pays a good type of thing like once it's not paying it it just stops affecting my credit in a good way but oh yeah it's not affecting your credit in a good way but you still owe the money what but it's not a loan though it's like a almost like a subscription that you pay monthly for the report a good payment history type of thing yeah yeah but you haven't been making the necessary payments i thought they would stop once i stopped but i guess they don't so thought why again this thinking like confirm something before you're like i think i think i actually had they might not show them i show in the old bank statements all the subcursions i had that were on there it wasn't one of them like a five dollar one like a eleven dollar one and a something else i can't remember what it was now i'm not too many capital mdg us and capital com what is that it's open one thousand fifty one dollars maybe it's a different

38:39I don't know what that is actually I leased my PlayStation actually I missed a payment on that too yeah I got that for $1 ,500 when it first came out online what are you and then I think I got it down to$900 so I still won it but I missed like 4 payments well the if you could just look what yeah I tend to like the kickoff is$25 a month you need to pay it you need to pay you pay you need to get out of you need to pay it the payment for this stupid so why it's not a loan it's like a service I'm paying for that I no longer need you still have to hey the money can I just like cancel it you still owe on it yes a balance of only$60 okay yeah like don't Get chips for a single day and monster and you're okay.

39:341051 on this is a little more. It's a$30 minimum payment and actually pay it. Wait,$30. Which one is this? The one we were just talking about. 1051. DG. I feel like I'm going, like, actually, like, loopy. That is my PlayStation, actually. That's your PlayStation? No, the PlayStation is$89 a month. I don't know what this is. real page or pillar income that's a loan real page or pillar income oh yeah that's the one I wrote to the credit bureaus to have it a positive payment history that was written for I don't need that anymore I don't think you understand how these things work I don't nevermind this one's good that's a positive good good good capital one there's two late payments on there shocker that's the one we already looked at though so I think we're good there Or do you have more Capital Ones that I don't know about?

40:30Because the balance is very different. I should have one Capital One and then one Premier. CIG Financial. That was my car, the Mustang. So this is the one that's gone? Yes. Oh,$19 ,643. Yeah, so with that one I got, they can't repossess anything. Oh, they did. Oh, they did? Yeah. so I bought the car in January of last year and two months after I bought it the engine blew because the previous owner tuned to the engine where like no code showed up on the dash and I was driving on the highway it blew up and then I continued to drive for the next six months my payments on it and then I lived in it but then they came and got it while I was living in it so like all my was in it I went to go like a walk to get something to eat came back they were towing it away I was like oh so I had to make a call because I got to work had to make a call and they, yeah, they towed it and that was it.

41:26And I had to get my out, which I did, luckily. So, they went to a hotel. I think I have like five charge-off accounts from vehicles on my credit report right now. So, I have a bad history with cars.

41:39Like, really bad history. Dominion Energy Utilities? Yeah, I think that was in South Carolina. I think I moved away from there and forgot to pay. I just didn't even bother with it. This is stacking. Wasn't an important thing for me. Like, I don't live there anymore. I don't think you've ever paid anything in your life. I don't think you've ever been an adult for a second. I actually have paid off one car. That's one because I sold it for cash and paid the rest of it off so I could get the Mustang. Again, I don't know. Is this like, can I do the thing I normally do here? Or are you like, just like, I don't know your mental.

42:20Yeah, it's kind of. so um I'll probably do need to go see a shrink of some sort to hit with finances because I actually saw somebody in one of the comments on your videos that said mental health and financial situations tend to go hand in hand yeah so I didn't realize that until I actually thinking back I'm like yeah it just costs money to go and get it fixed it does and you don't have any health insurance right now do you buddy I think you would qualify for an incredibly low payment under the exchange I don't know anything about that I think it's healthcare.gov Now there's an open enrollment period That is not now As far as I know I don't know 100 % when it is But it's meant for people That cannot afford healthcare Health insurance And they get on a subsidized plan See my job offers it I'm just not eligible yet It's like a six month thing Well yeah when that becomes available I would also consider taking advantage of that as well yeah because you are working full-time doesn't feel like it but yeah extra i need to work more extra extra extra yeah what what is extra i have no idea what that is some walls closed and it's not reporting a balance so what's the balance i did they would know part balance gotcha that's interesting same with the uh fatigue what is it uh finger hut it's not reporting a balance either i was paid and closed what is good is that like a how much 165 dollars like three days of you not doing this he's paid off yeah wait see that all those together the minimum finger finger finger was okay i moved on this is uh lockhart morris and mont i think that's the collection agency i don't know what it the original creditors for but things collection to see uh it's not uh the finger hut was paid and closed okay gotcha simon's bank simon's bank actually my bank paid clothes never late that's the one time you're responsible nice no that's the that should be the one that i actually went in collections the bank simon's i gave you my that was not being reported on here it had what was the total on it nothing there's no there's nothing being reported on it that's weird and what that's for.

44:45Oh my gosh. You apply for credit every second of your life. Yeah. You're addicted to... Oh my gosh, it continues. You apply for credit always. Yeah. You're just applying for credit. So, okay, about that. When I apply to get a car, they tend to like send it out and do it without me knowing they like send it off and then they run our credit multiple times, which is ridiculous. I didn't know they did that. It's after the fact. Yeah, so there was like city card and credit acceptance. This wasn't all just for food that fit. It was finger hot, heart software. And sometimes I think it's like a soft...

45:13inquire but no it's usually hard which i'm not a fan of that but uh yeah any other debt that i'm not aware of probably oh my gosh do i look in here to find it out uh no that's a that's the rest of my car and that is the that's the rest of your what car that was all for information from my car i should purchase there's all that anything you look at or not and then the other one in there was the bank statements i had for those checking accounts that are negative do you have any other debt you think so i think i do but you have student loans do the other old cars owe balances yeah they're on there on my credit report they're in collections how much in total is in collections you know last i checked was like 19 ,000 and something i think could be wrong probably went up now but yeah i'm gonna turn it without a car that added another 16 ,000 to that so what wait what the recent carport just added another no but that's not in collections is it no but it should have not debt on my credit i mean collection yeah that's fine but there's 19 000 collections so she said yes i think so yeah sorry yeah some should fall off soon i think here's a checking account an active checking account one that you actually use it is currently at negative 235 dollars of insanity yep oh my goodness what we're about to go through which is taking 51 minutes my goodness what is this where's my day gone you better be fucking away with something if this is how long it's taking my god yeah i agree so negative 235 ,000 six cents in this checking account oh uber trip buffalo first of all uber trip why are we uber tripping what are we because i didn't have a car at the time i had to uber everywhere i had to uber to my job actually like twice a day.

47:01Okay. Uber trip. Buffalo Wild Wings. Uber trip. More Uber and like snacks. Taquitos. You know, glug, glug, glug. Oh, yeah. Make that a gift, everyone. Oh, yeah. Monster Energy Drink. Sonic Drive-Thru. Lyft Ride. Arby's. Uber One. Panera Bread. Amazon. Texoma Delivery. Super.com. Oh, it was a hotel, so you were living in hotels. I was, yeah. Okay, that makes sense. And there was another booking, and then Uber, Uber, Microsoft Ultimate subscription. I don't think we need to have that at$19 a month when we're homeless, and we can't afford to survive. Was that for Microsoft Office? It's Microsoft Ultimate.

47:42I don't know. Isn't that like Game Pass or something? For$19? Oh, yeah, it was for Game Pass. Yeah. Yeah, yeah. See, that's what I just forgot about. I just continued to get taken out. Cool. That's why we budget. Yeah. Uber, Uber, Uber. wash zone what do you wash zone clothes i i was homeless how to go get my clothes done okay yes i thought that was a car wash for a second no i had to get my laundry done no absolutely i'm on board with that okay buffalo wild wings a little less on board with that panera bread yeah uber uber uber uber uber you're expensive taquitos uber uber uber uber uber uber postmates I don't think we need to be postman anyone for a walk under could have done that a few times yeah I'm not a pay we find some games within meta how much was that forest oh that's not for us so much my buddy me and him some much each other all time like we're having money to send you don't have any money I sound there's no money to send no you didn't you obviously you well okay yeah but you're gonna put a footer roof over here so I don't think we're giving okay so we have an exchange like I send him money he says that right back like when he gets it like within a week or two he'll send it back so like but you're taking payday loans so that he can take you a payday loan from you pretty much this is the stupidest thing i've ever heard it's like a whole thing okay well that whole thing needs to stop because it's the dumbest thing i've ever heard in my life and so it's playstation network for 10.081 cents and we can't afford to put a roof over our head god stupid uber 10 bucks smile over there and laugh at that when you know that's stupid trying to like harm me no what are you uber uber uber dutch bros sonic panera bread oh that's awesome i'm good roof over head's pretty great yeah it is uber uber sonic drive-thru hulu that's what we need to have when we can't put a roof over our heads see a lot of god and subscriptions yes and And then we look at our checking account once a week.

49:43Our statements once a month and we cancel things. See, I go to do that. I forget. I get a shark and I forget to do that. I like to follow through. Uber, Uber, raising canes. ABC. You got into the ABC thing a few times. ABC. What is that? I don't know about Postmates, Postmates. Seg pay. So you got your thing early and then taken out. Yeah. Yeah, the daily pay is the early thing actually. And then more Uber. Put that in here.

50:16Moving some things around, nothing really much. And then this other one,$72 of return item fees. I think that actually was my recent, the newest one, that just the provisional credits got reversed and went to negative immediately, so I just closed it. Great. And then we have overdrafts on here. Not surprised to see that. overdrafts on here who would have thought uh-huh 21 in our savings is this one because this went to the car this isn't savings i mean you're not using that was my balance i think when i got that now it's a little lower it's lower than 21 it's 15 14 72 to be exact right now when we're not 270 when we're not 30 there's our snacks there's our snacks there's our playstation network there's our uber you have a car now so this makes no sense yeah i think i ordered because i didn't want to go out of the house oh great uber eats playstation network we're buying playstation games every second of our life on here cotton patch cafe getting snacks buying a playstation game uh some gems some online stupid gems that we're in at purchasing there's a hulu subscription for 36.78 cents kill me now snacks snacks snacks gems snacks 2 ,500 to the auto trader was that the car yes that was my dot payment for the car snacks snacks water burger snacks uber eats snacks i love dude man snacks uber eats buffalo wild wings hibachi snacks panera bread this is insane dude venerian out 200 dollars venerian out 30 dollars venerian out 30 snacks chick-fil-a snacks snacks snacks snacks cotton patch cafe snacks snacks Snacks, snacks.

52:01Then we're not$170. Snacks, snacks, snacks. 360trading.com? What the f*** are you doing with that? Straight line alignments? What do you align... Oh, f***. What happened to your car? Alignment 360. Straight line alignments. Oh. Okay. So I went to have them look at my car because they're making a weird noise. And they have given me alignment without my permission. Which cost me$100. I was going there expecting them to pay$25. So they gave me alignment. Everything's everyone else's fault though. No, that's literally what happened. I don't know if I can believe you I made an appointment to look at a noise that my car was making and they did this because the guy got confused saying oh you came in for alignment you know what confuses me?

52:41getting snacks and snacks and snacks Culver's that doesn't confuse me it's delicious but it's still stupid snacks it's food I'm just assuming this is just your personality that's how you cope you're on camera whatever but you lean back your little laugh it's a nervous tick it's a nervous tick okay good good because it's stupid because also gems is stupid and snacks and snacks and snacks and sonic drive-thru and panero bread oh my gosh it's endless getting gems and gems and cheddars and autodesk$63.75 okay so that is my drafting software i need that for a job i do side gigs sometimes for drafting how much you make i think i made how much you make$1 ,200 on that one total how much you how often that was that one I do it periodically yes I'll do it very often snack snack snack snack snack taco and there's a Microsoft store we're getting some droid hand over that trade droll 10 so just gems amazing canes Olive Garden snacks snacks top-end Auto Care$230 you just got a car that was my tint I had that my tinnum why cuz it was peeling it look terrible okay what it was I had done it was bothering me I had to you did not have me okay this conversation's hopeless no it's not because it looks better now when you open the door a little like was down yeah I do too actually some days sometimes Sometimes I don't.

54:15Sometimes I do. Just attend. Just stop. Buffalo Wild Wings. Snacks and snacks and snacks and snacks and snacks. Gems and snacks and snacks and Disney Plus. Yeah, there's nothing to watch on there anyways. I don't know what the hell is with that. Another one of those things I forget about. I have it and it's there. Gems. Snacks. Snacks. Gems. Gems. Gems. Gems. Gems. Gems. Gems. Gems. Gems. Gems. Snacks. Snacks. Snacks. Snacks. Snacks. Snacks. Okay, so. Uberin. I have to spend money in game. Snacks, snacks, snacks, snacks, water burger. Snack, uh, gem, gem, gem, gem. Snack, snack. Whoa. Another MEI auto.

54:58What happened to you? I don't know. You tell me. This is your f***ing statement. MEI auto. MEI auto. Oh, that's my car payment. $202 and$246. That's a car payment. Snacks. shawtskies gems gems snacks snacks snacks snacks panera bread snacks wendy's gem gem gem gem gem gem playstation network water burger oh snacks snacks snacks you know all purchases on the phone and playstation help me kind of cope with like my life i don't want to like live in this reality So I have to like pay money to go live in another world. It's better than what it is now. So with that statement alone, you need to see a mental health expert, not me.

55:47No. Well, that's true. Well, that's true. I don't give a shit. I think that's obviously my finances are out of whack. So I need any help on that too. Yes. But it's stemming down to your mental health. The way you talk about it, man, you lock yourself in a cave every single day. You never see another human. Unless you go to work. Unless you go to work. That's not a life to live. I'm not judging you for doing that specifically. Everything around you. I mean you're severely depressed with the life you're living And a lot of things that's happening I'm not surprised that other mental health things Are being pushed more to the extreme With the lifestyle you're living And not getting the contact that every human needs Many people are headed down the path That you're headed down in life And it's scary and it is sad Not sad in an insulting way Like I'm sad for you That really sucks And I'm sorry that you're dealing with it And I mean you're probably very lonely You don't know what to do on a daily basis how do you feel when you get home from work um pretty much like i'm a waste of existence to be honest but you're not i need you to know you're not no because like clearly i'm not doing anything to help society i'm making mistakes i um that's not true you're holding down a job i am 36 or 35 in parents house i have no plan for retirement right now i have no money in my checking account and i'm kind of drowning in debt and i just don't know what to do i'm kind of lost on this so yeah You're a human being on this planet.

57:08And I can't keep friends because I'm just a f***er. I don't accept that. I do not accept that. You've annoyed the f*** out of me. I'm sorry. But that's talking about finances. With the personality that you have, I'm sure we could play some Mario Kart, man. Oh, for sure. I'm a huge gamer. It would be great. And that's not even close to true. No? You got some here you're going to play? Oh, I f***er wish. I'd strap in Wario into my car of choice and I would be slapping you around guys. It's a new year and you need to make your money work for you. You can do exactly what I literally do right now and put my money in the best high yield savings account.

57:47So far, I get a 4.6 % yield on my money. And I also took advantage of the bonus of up to$250. When I signed up, you can start 2024 off amazing by doing the same by going to the link in the description below, but either way, all I'm saying you are a human being on this planet regardless of whatever mental health things whatever the choice is your behavior you're not a waste and being a contributing member of society like you are working a job that is in demand that's why you have the job it's okay you do not like it and many people would not like it but you are filling a demand you are not a waste of space waste of society you are a human being that matters you deserve to live a good life I think there are just self-esteem things we need to deal with.

58:30I would love you to join some organizations and potentially volunteer places. Just get out of the house a bit more. Even if it's like blind dates. Because I bet if we trimmed up that beard, you know, put your hair into the thing. Well, no, no. I just think if we cleaned you up a bit, I think you'd be a handsome dude in your mid-30s. Thank you. Like legitimately. I really do. You know, there's a lot of things we could do. And I understand it takes a lot to get over that. to get over that initial hump now we'll get you set up and we'll give you things i don't really think there's a point for this video to do that at this point but we will get you taken care of financially after this in terms of making sure we're answering any question gets you set up on a plan but what's very clear for everyone watching that out there in your situation what we need to deal with man is i want you to get out there in some way if you continue down the cycle of okay we're going to a work a job that we do not like every day then we're going to a household that we don't like with people who've abused us in the past and lock ourselves in the room and never see anyone and spend all our money on gems just for a quick dopamine hit and order all our food in or pick up food on the way home that's unsustainable you're heading down this dark path none of this none of this will change and frankly almost none of it matters until you actually start taking control and we saw if you go through the budgeting program if you go through the budgeting program actually build out your budget properly like the way we recommend i know i can get you in an apartment around a thousand dollars even if we're getting you in like a little studio that's fantastic because it gets you out of the space that you do not feel like you can exist in and what would be even better is if we can get you in something that's even considered somewhat of a walkable community that would be really good so we can just go out go to the coffee shops get some fresh air just exist a little bit more in society and you can get a gas that you can get a gas station job anywhere by the way so like if you need to move to this is a dramatic thing this isn't necessarily a suggestion it's just an idea but what you what do you consider you to be your best friends in colorado if we go to just pack up our start a new life in colorado it's not you're not leaving much behind like there's there are options and i don't want you to think that you sitting in your room 24 hours a day besides your job is the only option i promise it's not so i actually have been thinking about that relocating because i know nothing tying me here so with my current job, they said there's positions open in other states.

1:00:57So I'm like, okay, I'll definitely move. I'll relocate, whatever. But I don't want to stick with this. I want to do something more online. Which I don't keep saying inside the house, but I want to do the tech thing. I really want to do that. And guess what? You said Denver? It's going to be a great place to find that. Even if you're in a hybrid experience, there's great companies there that you could work for. those great companies and we can help you build your resume we can get you connected with resources that'd be great because I don't know how to do a resume either yeah and that's a big part of it if you can't get past that literal basic initial step of having your resume reviewed and sent on to Iron Manager it's like there's no point anyway of even applying to jobs so right are you saying D but it's not I don't know it there's no resume builder I can really work with on there so the thing is man if I add these up all your minimum monthly payments then we throw in some groceries and this is I'm rounding, I'm guessing, like there's no way your needs right now are more than 35 % of your net income, which you're like, what?

1:01:58That's crazy. You know, throw in some car insurance, throw in gas. I think 50 % would still be overboard of what you actually need right now. But let's just say it is. It gives you an extra 50%. So if Colorado is the dream, for a couple months, throw that extra 50 % aside for what it would take to move there. Maybe your friend will let you crash with them for a month. Well, you save up enough for like a first month, last month, security deposit, and get a place of your own. Again, it could be a little studio. I'm not saying go unsafe, but it can be a small little place because that allows you – it's like your little – you planted your flag in a new town.

1:02:36You're starting – and that's where you build your little empire of life from there. It's okay. You don't have to move into the luxury apartment right away. So there's a lot of options. and what I can't have you do as just a fellow human being, especially someone who thinks they can beat me at Mario Kart, which is not true. It's so true. I cannot have you give up at this point. I know you have given up, but I want this to be the wake up and I want you to know that you deserve a good life. As much as your finances and choices and your language and your actions have pissed me off, you are a human being and I love you as that and I want you to do better and I do not want you to give up.

1:03:17I appreciate that. The only other thing I would diagnose you or prescribe you is please continue down a mental health journey and explore different options with different people. Don't give up just because they have not worked. Everyone gives up on therapy until they find the therapist or everyone's therapy fails until they find the therapist that works for them. That's how it works for therapy. Same with medication. Every medication fails until you find the medication that works with you. That's how it always works. you cannot give up because three places were like no not us we can't man especially if you move to denver there's a lot of options there lots of options there but there's lots of options in dallas which is an hour away and i know you can afford the gas i know you can afford the gas because your needs are minimum where your money's going is just this on the extra crap well hopefully i'll be eventually able to afford the gas i can't right now where i'm sitting no no no if you if If you stop, if by the next time your paycheck comes in, you stop spending on all this stuff and you just do$300 groceries,$100 for anything else you need to survive, your minimum monthly payments on these things, your car insurance and gas.

1:04:21If you just do your basic necessities and any potential health insurance and health care costs, if you just do that, I know for a fact, after you cut out all the bullshit that makes up 90 % of your budget. Is it worth that much? Not 90%, no. If we get rid of that$2 ,500 down payment, though, it's probably about 75 % of your budget. in terms of your spending, where the spending is going. Wow. So if we get rid of that, I know for a fact you can afford the gas. I know you can in fact save up on the side and move to Denver if you really want to. Yeah. It might take a second, but I know you can. How long do you think it will take me to get my fine selection order based on what you see here?

1:04:55Again, if it just strictly comes down to math, you'll get, when you go through the program, I don't think it's productive to necessarily dive through that right now because it's not the main issue. Gotcha. Okay. But besides the Cadillac and what's in collections, I think you could honestly get rid of most of this debt in about six months. Now, the Cadillac itself, that's going to take a while, and the interest rate sucks. Miles on it sucks. The age of it's not great at this point. Is it hard to refinance a vehicle? In your situation, yes. Yeah, okay. And until you take care of a lot of this stuff, your situation's not going to really change credit-wise.

1:05:31Plus, this is, I mean, yes, what are you,$17? I'd love to see you closer to eight and then pay it off. But either way, I want you to pay it off as quick as you can because it lowers your risk profile. But you quit your jobs when you get bored. You think I could afford six? Six what? A hundred a month on the car to pay it off easily or quicker. Yeah. And once you start getting rid of these debts, you have more to throw towards it because your minimum payments are lower. So once you get rid of that stupid capital one at$1 ,698, that$219 payment is gone. That's true. I want to keep that balance to zero or 30%.

1:06:02I want you to close all your cards because you're not a credit card person. credits only taking advantage of you you're not taking advantage of get it so close it i don't care it adds more risk to your life okay so i think you get rid of most of the aesthetic stuff for the collections and the cars in about six months then i would get some months of savings then i would start attacking that cadillac and then maybe the car that's been given up and then the collections but we might be able to do that with a better job that you find if we help you build your resume thing there's a lot yeah but again the first thing comes down to your mental So I need you to start potentially exploring different options, seeing different people, potentially move, move out of the house or move to Colorado in different ways.

1:06:40There's a lot of different options and I'm happy to ask questions along the way down your path. So this isn't going to be overnight, but that's your first step because I don't think the rest of this changes until you start taking care of what's going on. I think it could. Honestly, I really do think it could because I am at the point now where, yeah, I'm in the head, but I'm so determined to get out of the hole. and it just seems like I can't get out of it without help. But with how long it takes to get out of the hole, determination is only so much. If something mental does happen and we just quit the job again because we're either anxious, depressed, or we're just bored, we lose everything.

1:07:14So that needs to be taken care of as a base level. Either way, that's what I think. Okay. That's what I think. Do you have any final thoughts? No, that's it. Okay. Well, I mean, it's as clear as day. Your Hammer financial score is 0 out of 10. Don't really need to add the categories for that. You can get your Hammer financial score for free. link in the description below. And check out all the resources I have linked down there as well. They are what I personally use or would use in specific situations, including the best budgeting program in the history of the internet. Thanks to all of our Patreon producers for making this episode possible.

1:07:43If you want to participate in an episode of Financial Audit and you're able to make it to Austin, Texas, please fill out an application in the survey linked in the description below. You can also send a link to your friends or family who you think might be good to be on the show. If you have any questions, you can email casting at calebhammer.com.

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