Most Childish Couple I've Ever Had On Financial Audit

30:16He won't even remember it. He won't even. No, he won't. You don't start remembering things until like what? Around that three or four. But I doubt he'll remember. Core memories. What is it? It's like four, right? We took our niece for her birthday a couple years ago. She remembers the pictures and she's forming memories in her brain. Just like when you have deja vu and you think you had another thought of that before. But your brain is just convincing you that you had a thought of it. You're thinking of the thought you're thinking of. No, they don't. They see pictures and they're forming memories based on it.

30:47It's what we all do. If you think you remember something from when you're two, you don't. I think she remembers. No. They have really good memories. She's got a really good memory. They're very smart. Oh, yeah. Well, I'm proud of her. Maybe she needs to get hit in the head or something. But listen, take them a year later and they'll even have better memories and you'll have better money. There's a lot of years to go to Disney still. I don't think Disney's going away. We also promised our other nephew we'd take him for his birthday. How old's your nephew? He's turning... Is he turning nine? Nine.

31:22Oh, my gosh. None of these are, like, birthdays worth celebrating. His birthday's a name. Maybe if it was, like, a f***ing senera. Maybe if it was, like, you're 18. Maybe if it's, like, 21. AARP. Retirement. You don't get the I can rent a car with cheaper insurance. age Disney present. That's not really worth celebrating. But we already told him and we feel bad because we took his brother so we feel like we need to take him. Take him to a playground, put up a Disney statue and he'll think he's there. He's three. No, the other one. The one that's turning nine. Yeah. His birthday's in May and we're supposed to take him in May.

32:04So two in January then one in May? Yeah, but the second January trip is one of my friends from nursing school. This is literally the most insane shit I've ever heard of. I don't know if I've ever heard anything more insane in this show The three year old's borderline He's three He won't know where he is He's been talking about it He's been talking about it He asked us if we're going to Disneyland And we tell him yes And you shouldn't have said that It was irresponsible It was irresponsible Well his parents are going with us Oh this is great They can go you don't need to go I don't give a f*** You'll watch based on Instagram And we're sharing a hotel room Shut the f*** up I do not care I don't care guys How are you still Battling this You seriously aren't willing to give up Going to Disney only one time a year Instead of a thousand Just to get into some place of financial wellness Like I can't accept that How are you guys Like I can't deal with that That's not a conversation that we can even have, guys.

33:11We already spent the money for the annual passes. No, you haven't. Oh, well, yeah. The annual passes, yes. But again, that's a ticket to spend more money. And then we already booked the hotels for both trips in January. We did get a hotel credit card to help. To help? Because it gives us points. It gives us points. F*** your points. F*** your points. You're spending quite triple what you make. triple what you make on your three paycheck month. So probably quadruple your normal month. Well, it gives us points to go towards free rooms for later trips. You can't pay off cards if you're spending three times what you...

33:56How do I proceed in this? I can't... You guys are like in a cult?

34:08Minnie Mouse isn't going to have a three-way, guys. You do not have to go.

34:19You're unmovable on this. You won't cancel these trips? Well, we've made commitments to our other people. And then you have to have the hard conversation, the mature conversation. The conversation that no one wants to have because it's embarrassing and it hurts, But it's the conversation you have to have if you actually want to make some progress in this. If you guys actually want to start your marriage on a successful footing, these are the conversations you have to have. It goes beyond a choice at that point. And you guys can choose to do this actually. Go for it. But this is your future. This is what your entire marriage looks like.

35:02You guys are behind on retirement. You have retirement, but you're behind in retirement. Most of it is because of how long you were in school. You just didn't have a chance to get up. Your income should be, you should have one times your income saved in three years, two years for you. One times your income in your retirement accounts. It's actually one times your household income across the board. You guys are not on track for that. And that's just setting up some basic tracking to get to where you want to be by retirement. Because you need to have time in the marketplace to grow. For it to compound as the market does its thing.

35:34which are saying no, Disney, Disney now, Disney next month, Disney the month after that, and then probably a couple of Disneys the month after that. That's what you guys are choosing over retirement, and I don't know. It's the hard conversations, and you need to have them. We're not acting like we're 16 anymore. We can't. You can't act your nephew's age. you guys are 28 and 27 you need to have the adult conversations maybe with their parents and then maybe their parents can explain it to them okay so they're your sister or brother my sister how's your relationship then have the conversation then have the conversation if she's your best friend and sister she will understand because she will want nothing more than to support and love her sister that is true but but She also We're splitting hotel with her But what But we could just go this time And then we won't go the rest of the year You're talking about going three times People Are lucky To go to Disney once a Half decade or so even Disney's expensive You guys are not entitled to this This is disgusting Immature behavior that you think this is okay and acceptable.

37:02I don't even know what to do, guys. I have this Stephanie SoFi card. What is this SoFi? Personal loan? What's it for? 21 ,463 at 8%. What is this possibly for? You're going to Disney when we have an 8 %$22 ,000 loan completely offsetting all and every retirement account by far that you have? And we're going to Disney. Great. What is this? So we had A lot of credit card debt That we Wanted to try to Consolidate They all had like 20 Over 20 something percent interest rates So we figured the loan We could pay them off So you guys haven't made progress You're not a progress making people You haven't done anything You haven't done anything of note There's nothing to celebrate here And celebrate with Disney You're not paying on your f***ing student loans.

37:57You're spending triple what you make, and you didn't pay off any credit cards. You just consolidated it. We paid off some. I guess I just have to trust that. Well, isn't it better to have the lower APR than... Mathematically, yes, but what happens in people's positions like yours who have not fixed their behavior first? Have you ever consolidated loans in the past? No. No. okay so what often happens is now your credit cards just go right back up not today not tomorrow but it can happen that's what often happens because i know you haven't changed your behavior again triple the spending it is literally documented documented you know what's harder than sticking to a budget trying to predict the future of business One day inflation sky high, the next is crawling back down.

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40:05What does that mean? We've been in debt like twice But we So So basically has happened guys Did you take a consolidation? No But you got bailed down And then you built your debt back up What? So we had probably like$15 ,000 of credit card debt Like a few years into our relationship And it just so happened that at the time She lost her job job and just so happened people lose their job every day this is why you have an emergency fund right well they gave her really good severance she actually got severance for three months okay plus you file for unemployment she got another job within four weeks so she started her other wonderful delicious love it sounds like everything was perfect we used this severance to pay off all of our debt and we actually brought it down to zero but then the debt and then we brought it back up.

41:01Back up to a little over $15 ,000 again. But then we ended up using the COVID stimulus checks and a few other... We got a couple larger amounts. You're just waiting for a big chunk to come in. That's your only way out of this. This is your repeating cycle. And this is your version of the big chunk is now consolidating this debt. So just endlessly throughout your life, debt, big chunk comes in, debt gone. Then we build debt right back up big chunk comes in debt gone then we build it right back up then big chunk but this is a big chunk this is that you owe again you're not going to get another stimmy check i don't think so and severance that's to allow you to survive you got a job in four weeks last time that's amazing what if you don't this time after you know the severance might need to be there to survive guys and but yet we're going two thousand plus one thousand in a single trip to disney listen with the hotel and with how you did disney this last time what's not to suggest that you're going to spend a thousand hours at Disney each time you go.

42:00You're going two times next month and then one in March. You can't do this. You can't do this. You're repeating the cycle forever and you guys don't care. You guys don't care. The last time we were, I guess, before this time, we got into a car accident and so the car was totaled and we got money back for the car, but we paid off that loan and we used what was left to pay off more debt. So the cycle is now happening for the fourth time? Oh my. Is there another one? We also got paid for being injured in the accident. Oh, yes, yeah. So we got about nine grand. Separately? Well, same time. Combined, yeah.

42:42But even still, fourth time. Guys, it's obviously not working. So maybe we don't follow what you think is right. As in, obviously, this Disney bullshit is not working. so maybe we follow what is known to be right relatively no take our debt class take our debt class you can understand how bad your debt is debt payoff strategies what makes sense for your situation and we're going to help you by the end of this including creating a budget you'll go through the budgeting class because you guys have to be able to look at accounts together you have to be able to go through all these together take the quizzes it's hours of education but it's good it can change your life literally over 10 000 people have taken the stuff you go through it because you get it for free go through it you guys get it for 15 off as a bundle but you get it for free so go through it guys i'm going to set you up with a counselor to talk about this too it's just one of the resources so we'll set you up with domain money uh not domain money well why not them too i'll get you guys connected with the finance advisor so you guys can meet them but then i'll set you down with the sondermine uh three free sessions with them So it's the resources that we get to provide That we partner with, okay?

43:49Okay You can open a savings account with them And I love it, but instead you're just giving them money Practically, you're giving me money Oh, the monthly payment is$8.75? $8.75.81? It's more, but the loans for three years Which I figured would be better than paying on credit cards for ten years Well, sure, but even still, this is a seventh of your income, and then you're still choosing to put your money other places.

44:20That is not beating it. That is not – you're not beating the market. Your retirement is probably not beating the market. Usually, the stock market up and down gets 8 % a year. This year, sure, it's beat it, but next year, we don't know. You could go underperform. Like, the interest rate on this is horrendous. Let's keep going, I guess. Freedom card. What's up with this? That's what we put the Disney passes on. We, but, okay, but you're not even on the card. Oh, we, yeah, we just use whichever card. Yeah, you did, 3 ,064? Yeah, 2 ,000 or that. Well, you said it was 2 ,000. So what's the other 1 ,000?

44:54It's not like you guys have that. That was probably for just something else. Yeah, I don't really know. Casually, just something else. That's great. The interest rate period ends in three weeks. Yeah. You guys are so f***ing. why do this to yourself again fourth time the charm no that's not how this works why would you try the same thing over and over again and expect different results four times in a row guys this is so clearly not working well we didn't expect to get large sums of money we just so happened to yes but then you didn't change your behavior once you paid off the debt and it went back up again and this is the fourth time when that's gonna happen you're building the debt right back up again again you consolidated the credit card so what did you do you put three thousand hours on this one you put two thousand hours on the one previous what the that doesn't make any sense we put five thousand hours on the credit cards immediately after consolidating them is that are you guys like no offense that is literally like what a stupid person would do the thing is is i figured so i started working this year in march yeah and when i started working I figured that everything would kind of work out because we'd have actual income instead of living off of hers.

46:13So I thought that it would just kind of balance out a little bit. Has it balanced? Has it balanced? No, it hasn't balanced. Yeah, because you spent three times your guys' household income. So that's very far from balancing. There's not any word towards balance. Not even double that would be balancing. You spent three times your income. It doesn't make sense. Your income goes up. You guys spend double. Your income goes up. You just spend double what the new income is. You guys spend up. So you bring in$4 ,400 in a month. You guys already added$5 ,000 to credit cards that we've looked at so far.

46:47And you bring in$4 ,400 a month. You immediately just excuse some more spend. Your lifestyle inflates yourself and it's all fun. You're just like, oh, more income, more Disney. I just figured it'd be pretty easy to pay that off. You figured the f*** wrong. wrong it's not easy dude look you see how easy it was you had to consolidate it you never paid off any debt before you've always just had big lump sums of money happen because of a world event or something almost catastrophic like what historical precedent would suggest that it will be easy to pay off for you well a lot of so the the stuff that's on the loan the debt that's on the loan mostly came from while I was in nursing school because I wasn't working.

47:32So we would use it to pay for groceries or whatever we needed to buy. It doesn't matter. That's not what this is. I know. I just figured that because I was working we could pay off that nursing school debt we incurred. Instead we're just not even making those payments. So we got Annie's Hot Dogs. Only in San Francisco. Dolce Churro Cafe Went inside Target Got some cheap You know 26 bucks So it wasn't necessities Republic Ramen Big expense at Target 485 What do we go to Target for? At Disney gift cards? No way Wait No What day was that? It released Process On the 7th of last month I don't know what that would have been Oh good We don't even know where it's from I bought my friend's Disneyland ticket.

48:29Oh, yeah. See? But she's paying me for it. And has she? She's paid for - It's been over a month. I know, but she's paid for part of it. She just owes me the other half of it. Well, good news. Then there's$2 ,000 of Disneyland tickets after that. And then more Target. Oh, wait, wait, wait. What is this other? $4.85? There has to be another Disneyland ticket. Another ticket. What is happening? What is happening? How is this - What are you guys? I've never - met Disney adults before, at least I didn't think so. Why? Is this what they're actually like? You guys are creatures. You guys are a f***ing cult.

49:05You're spending so much money you don't f***ing have. $3 ,000 in Disney on this month and then$1 ,000 in the other card. $4 ,000 to Disney in one f***ing month. And you're going two times next month and one March and then a million more times next year. Two times in the last couple months. It doesn't f***ing make sense. How does this keep going? How is Disney continuing to populate throughout this conversation? Is this f***ing crazy? Is this not f***ing crazy? Well, they're paying us. The two people we're going with at the end of January are paying us back for those tickets. It's been over a month.

49:41It is also risky. You're essentially loaning out on your credit card. A balance you have not paid. Well, she is our old roommate and she's always paid on time, so I just trust her. It always takes once, just like your wants of not paying your student loans. Hey, you're a perfect example of what can happen.

50:04And are they paying you interest? No. Not that they would have to, but you're about to pay 25 % interest on them in a couple weeks. Balance is$3 ,024.24. The minimum monthly payment of$40 on your credit. Chase Amazon This one's also for Michelle A lot of the credit cards are in my name Why?

50:33I don't really know She doesn't care I just have two I think in my name You guys can't be trusted with credit cards You're not credit card people You're not credit card people Spend 816 on here 818 Again this is even more spending with a now minimum repayment of$2.80,$83. Balance$4.27. The spending is f***ing out of control. No wonder you guys are in the position you're in. The spending is out of control. I think I'm the one who typically spends on that one. I think that's just my Amazon card. Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon. A lot on Amazon. Interest accruing this year.

51:20Let me see your Amazon. Oh, I have multiple. No, it's just this one. Okay. Some of those are gifts for people. For birthdays. You can't afford things. It's not even Christmas. And Christmas. You cannot afford things, guys. That's Myers cleaning. Gift, gift, gift. We didn't buy those Myers gifts. The Myers thing. I guess it was on a subscription. A little tennis skirt. That was for Disney. For her. My other tennis skirt got... You can play tennis at Disney? No, I just like to wear them. And f*** you, where's clothes? Rain jackets, gray. Oh, guess what? More tennis dresses. What the f***? Opaque fleece-lined thighs.

52:10They were tights, so I wore those. So that's you can just see through? So you can't see through them, but they look like skin color. I wore those under the tennis skirt. In L.A.? Yeah, actually Anaheim is pretty chilly for me at least. Yeah, she gets cold. Hair tags you guys don't need or can't afford them. There's some dog food. You don't see that stuff being bought on Amazon. Lots of things for cats. Don't 100 % need all that right now. All the little jumpy jumpies. Probably cannot even afford the cats and dogs. Gloves and what is this? A professional metal compass? I don't know what that is.

52:48What the f*** are you doing? It's for woodworking It's a 1750 She likes woodworking I like you being out of debt and being able to retire Do you guys communicate when you're spending? We communicate a lot Well most of the time it's when she buys things On Amazon and it just shows up And I don't know what it is And she'll tell me about it after she's Purchased it but she does Return A good amount of stuff I saw a couple returns in there I saw a million purchases Yeah and I will say I'm planning on returning One of the tennis dresses Because it didn't work out What after you got your sweaty Disney ass No I didn't wear that one I just wore the skirt I didn't wear the dress This credit card balance is insane Oh that's the new one This is your It's a new one Well it was your balance transfer So a get a f***ing kid and then you built up your and then you spent$5 ,000 on the other one?

53:50$5 ,500. It's just... We have a long time to pay that one off. Guys, you're making me want to give up. You've done this repeatedly over and over again throughout your life and you don't seem to even suggest that this is a bad thing. It has not worked before. Well, I figured giving us a longer amount of time. You figured a lot of f***ing things throughout this conversation and one of them has not been correct. Well, now that I have a job, that one we have until 2026. When did you get your job? March. You've had a job! Since March. You didn't get it yesterday. The goals that you guys have, you're talking about having kids.

54:33Do you want a house? Um, I think eventually we do. These goals, these wants, these are things you're not going to be able to do. because you're around and you're repeating the same mistake for the fourth time now major life mistakes for the fourth time now that is not acceptable you get an excuse one or two times we all make mistakes i've made plenty and we all still do but you don't get to make them over and over again for the course of a decade and still be like and like sympathetic towards it you know It's hard You should have learned at this point Oh no she's not okay You have some sickness Yeah Well she's not sick right now She was sick like a couple weeks ago And the cough has lingered I'm a nurse don't worry she's not contagious You're what?

55:32I said I'm a nurse don't worry she's not contagious I wouldn't let her be here if she was You guys are junior men on the pavement Wonderful,$75 a month $74 How long does this take to pay off? Um I wasn't sure How long does it take to pay off, guys? With the minimum I don't know, like Maybe like Five or six years That's it? I don't know, what do you think? Is it that much? $75 a month And it's at like$7 ,300 105 years? Maybe not. Oh, she went under. Okay, 13 years. Oh.

56:19Yeah. Big fee. Balance transfer fee. $360. Yeah. 13 years to pay off. Is that what I said? Okay. The interest rate period ends in a year and a half. Not even. A year and four months. So that's going to be a lot of interest being paid. I thought that was enough time to pay it off. Again, it would be if you were disciplined. It would be if your other debts weren't going up. It would be if you didn't spend three times your income. It would be if you wouldn't have your wages garnished for not paying under student loans. Yes, it would be if you did the opposite of what you're doing. so in what world would you actually be able to if you continued the way you're doing plus three disney's planned that doesn't make sense that doesn't make sense i need to make sure you know that does not make sense you can't continue to have these thoughts in mindset because it is not true

57:29I just figured I'd give myself more time. I'm going to f***ing die. I'm going to f*** myself. What the f*** do you mean? Because that debt was, again, mostly from nursing school. And it was on a car that had a pretty high interest rate. So I thought I would... I had started working. But we were paying off all the other cars. So you're going to pay it off before interest hits. How much does it take to do that on a monthly basis? I'm not sure Oh But we're so confident that we're gonna do it and we don't know the f***ing number Well we were trying to focus on the things with interest Uh huh and then all of a sudden you just randomly have an extra $7 ,000 to pay it off How much On a monthly basis guys Starting today Um I don't know $463 a month Gotta round up $464 Yeah Yeah, that sounds about right.

58:25Yeah, it sounds about what you're not doing. Let's see, is it deferred? No, I don't think so. It keeps going, my gosh. Okay, more Stephanie, Apple Card. Why do you guys have so many cards? You obviously are not credit card people. You can use the type of credit cards that act like debit cards, like the Fizz card. It's the one we work with where it only lets you spend what's in your account. But you guys just spend all the money, all the money that you don't have. You're not credit card people. You owe$214.56 on this with a minimum payment of$125. What did you get? I think we have some. We? So you're both on this card?

59:08I have Apple Card as well. She does. But we. Oh, my gosh. So subscription. Oh, the more. You're f***ing Disney. You. I can't believe this. I've never heard or said of Disney more in my life in a day than today. Netflix, Starbucks, World of Disney, 4308. And then Tiana's Place. It's a restaurant at Disney. Wonderful.

59:45we got the apple cards because we're like big apple people so then we wait no no wait a second no no no you also owe an additional thousand yeah we have installments for my phone you do or both on this on this card not on this card okay well so this thousand is you is me yeah for my phone apple store apple store apple store apple store apple store i see four five different things so i have my phone and then i got an ipad with apple you needed that so that was actually because i just recently opened a small business and i'm using it for my small business yeah what's your small business i have an embroidery shop where i embroider like sweatshirts and shirts how's that going um i just opened it in november and so far i have i've sold two sweatshirts and i have four that i'm making right now uh-huh and how much did you put into it including all the equipment and everything versus how much you've made let's chat about your savings for a second if you're letting them just sit in a regular account especially one with a low interest rate you're missing out it's time to talk about cds or certificates of deposits and i've partnered with money.com to make finding the perfect fit for you as easy as it can be with cds your money earns more interest than it typically does in your regular savings account but the savings you don't touch but want to grow in the meantime money.com has made a lineup of the best cds from top banks all in one place you can easily compare options and see which one suits your financial game plan the best but why should you care because with cds you're not just saving money you're actively growing it.

1:01:17They're safer, they're steady, and they come with guaranteed returns. No stock market up or downs, just good old predictable growth. So check out money.com's list of CD choices at the link in the description below. Finding a CD that fits your savings timeline and goals is important and only a few clicks away. Trust me, your future self will thank you. This is a paid endorsement sponsored by money.com, which is compensated by its marketing partners. I put in about$4 ,000 And then I've made about$60 So far but I just opened it It's brand new I wouldn't have done this yet You can take a risk like that When you have the ability to take that risk You already have risk hanging over your head Unbelievable risk So that's why the minimum fee payment was so high That makes sense And it's a 20.7 % variable interest.

1:02:09Apple card, right. Yep, yep, yep. Okay. Balance of $309.13 with a minimum monthly payment of$96.11. Congratulations, you won the Apple Wars. Your minimum monthly payment is better.

1:02:27More Amazon purchases. And then we went into Target and got some...

1:02:34That's my therapist I go to. Okay, well, I support that. That's good. Remind me of that payment when we do the budget. And then you have two Apple things. So you actually owe an additional$880 to 63 cents on two Apple things. One was$1 ,019. Another was$3.44. One is actually my sister's, her cell phone. She pays me monthly for it. Great, until she gets hit by a car tomorrow and I can't. I hope it doesn't happen. And then the other is my watch. But it could happen. Your watch? Apple Watch. Let me see. I actually. Uh-huh. Exactly. It's what always happens. No, I wear it. It's in the hotel room. It's in the hotel room right now because it wasn't charging.

1:03:18It's getting big use. Interest charging. 18.7 % interest. Yes, yes, yes, yes, yes.

1:03:30It could. Gosh, there's so much paper here. All right, Michelle, we're back. This is IHG. That's the hotel. This is your special little hotel. $880.63 with a minimum monthly payment of$40. Yeah, you just put brand new purchases and then$99 fee. What is that? Is that an annual store card fee? That's the annual fee for the card. We actually have to spend like$3 ,000 on it to get our bonus. And what's the bonus? 140 ,000 points. Which equates to in dollars I don't know but it was like a Mind you a hundred dollars a year I think it's like five nights That you get Five nights where? How much? In like most of their hotel Yeah well shocker it's hotel That was for my birthday Disney trip Yes one of the Bajillion Disney trips of course it is Is that all the debt guys?

1:04:31Went over the student loans Is that all the debt? This is horrendous The only other one we have is She has student debt I have student loan debt But it's involved in some like weird case right now So it's deferred What? Oh It collects interest but I.E. it's in a Are you trying to tell me it's in a Income based repayment plan? No So it's in some weird case where they may or may not be wiping A certain group Did you go to a potentially sketchy school? No No Okay what are you talking about then? Do you want to explain that? Well I don't know It's just some case that I got emailed about I don't know I was part of it It's like some weird fraud thing That they may or may not be Wiping the loans for I guess What do you mean they may be They haven't decided I think there's supposed to be a date So there was two groups How much in student loans 32 ,000 And what was your minimum?

1:05:35I've never had to pay on it It's always just been deferred Via you? No From that weird thing So the case has been going forever? No that was more recent And you're not requesting deferments? No Are you on an income based payment? No I don't know I just Why didn't you bring a statement for us to look at? because I might be able to tell you. Oh, well, I just figured because it was in that thing that it wasn't. Yeah, but don't you want to know more about it? Well, yeah. Don't you? She has an email about it. I just can't. I can never remember what it was for. I just didn't really think about it because they said.

1:06:12It's very scary. They said that it will be wiped if like. If they don't make a decision by a certain date. Yeah. Which is like next year. For fuck's sake. Any other debt besides that? We are paying There's no statement for this because we're just paying a family member For our car Because we bought the car from them What car? What is it? We have a Mazda 3 2013 Miles? 165 Okay We owe$1 ,100 left on it And we pay her$150 a month Which is what she wants So it's almost Still got almost a year okay now is there any more debt no okay okay so sofi you guys do have the sofi account see and i like it i use it too and for my emergency fund you have the checking account uh you use okay uh beginning balance 184 Current 2004 Okay So much is bullshit Panda Express Panda Express QT inside Apple Cash being sent Panda Express TJ Maxx Oh this is so much More Amazon Costco that's hard to tell But these are really cheap purchases Meaning that they don't really seem like necessities Like who's going and getting a$3.25 necessity from Costco Sounds like a fucking gliz Probably got a double-dub gliz maybe See Some BS from Target Some vending machine Ice cream, Starbucks, Amazon Glizzen it up, Raising Cane Starbucks, why are you guys glizzen so much?

1:07:58PayPal and Uber Eats for f*** sake That's the only We don't actually use those delivery services a lot I was at work and I work at night And so the cafeteria was closed So I had to Uber Eats something for lunch I think Michaels hates lesbians I think that's Hobby Lobby I think Hobby Lobby. Or maybe it's Michael's too. I don't know. Maybe. Maybe I don't. A lot of people do. Follow. Who hates who? World market. Who do they hate? Starbucks. Einstein's bro. Uber Eats again. $21. Some bulls**t. Target probably. Zelling out$50. Some cafes. Starbucks. Starbucks. Talking sticks. Resorts. Resorts. What's Fry?

1:08:44PayPal paying for$270? The f*** is that? That was for my embroidery machine. For my small business. For your small business. You just say for my small business. You haven't made anything. You can do that later. You don't need that now for my small business. I love small business. Do it. It's great. You don't have that level of risk. Our savings. Amazon? I think we're done paying that one off. Yes, but you put so much money into it that it could have been paying off debt. Changing behavior, saving for retirement, saving for an emergency fund. Amazon, Walgreens. We've got some bullshit Walgreens.

1:09:20Bullshit Walgreens. Probably. Those are probably medications. I hope so. Panda Express, Apple Cash sent out, McDonald's. Some glizzing it up. Stores. It's called fucking store. 757. Amazon, Amazon. BlackRock Coffee. Store again. 757. What the fuck is store, guys? I have no idea I have no idea what that is They must not either Okay I guess no one High flying foods Bullshit at a gas station Bullshit at a gas station Went in and got some bullshit Target and selling out a thousand dollars To f***ing who That's our rent to her brother It's his house This is so interconnected and weird It is like incest on your side Financial incest Everything is intertwined You gotta stop It causes weird drama eventually You just haven't experienced it yet If you have you should have learned your lesson Casino?

1:10:17Really guys? Einstein, Einstein Glizzen it up, Amazon, Amazon This is so f***ing long My throat's starting to hurt Mickey had a turn with me Bag O' Crab, Hot Stone Taco Bell, Sonic Drive Thru City Pass 162 Apple Bill Uber Starbucks What is this Forever Is there Roundup on there Is that why No it's not It's not Oh it is a little But it's not that much Popeyes BlackRock Also your spending is insane Still regardless of Roundup Went in and got some bull and Amazon and Apple Cash and Apple Cash and you guys have bull**** target probably and when you get a station you guys have bull**** $90 of Apple Cash being sent out another Apple Bill Taco Bell Peacock Peacock what the f*** are you watching on Peacock area arena 23 Amazon Amazon Oh No 518 Italian Dutch Bros Dutch Bros Gravity Coffee Venomate 25 beside in car wash?

1:11:35Guess you are in a desert. Desert is snow. That's when I'm okay with it. Even still, for just me and his purposes of car, that it was so many pages of bull pure bull We don't cook a lot because I'm not, I we're on different schedules so sometimes it's hard for us to coordinate with who's cooking. Meal prep! Warm it up! for f*** sake guys you're 28 and 27 you're not 12 meal per food is like never good yeah you're good being in debt's never good duh that's not true there is good debt not your versions not being able to retire is never good and maybe make better food learn how to use some season in here and there if I took that amount of money and just put it in my moomoo account my investing account that i use that would have just been growing that money would just be growing and compounding it'd be making money instead you're just throwing it all away thousand dollars spent going out to eat in one month by the way thousand dollars yeah joke everything everything you guys are doing is a joke you're living like children good luck having any with that mindset okay see here we go eleven thousand dollars in your retirement that's pretty okay.

1:12:57I want you to be a little more by the time you're approaching 30 in a couple years, but we are on a track, close to a right track. Yeah. You? I just started it. Yeah, you did. You were in school for so long. Is this the same thing or is this separate? No, those are separate. Good. So we're looking more$22 ,000 for you. And then I have, at my current job, it's at... Who has a traditional IRA? Me. Oh, so this is even more. Okay, you're on track, I think. You're on track. You are on track, which means, though, if we're married, we're only half on track. So, let's see where this all comes to. So$7 ,000 on a monthly basis is not going to put any of your business income in there, that's for sure.

1:13:47I'm going to put the big minimum payment for that one credit card so we can pay it off before interest starts accruing. it's just like let's not be stupid that's gonna push our our debt minimum payments are already insane without just that I don't know how you guys have allowed this and if your student loans kick in you're probably at about 400 bucks a month if that all goes to minimum payment guys this can't be true do I need to re-add this I'm gonna re-add this cause that seems insane

1:14:22Yeah, I got it wrong. But now I don't. Debt minimum fee payment is$2 ,272.30, which is pretty wild. It's pretty darn close to half your income, half your net. I don't know why you guys are allowing this or accepting it. How much is rent? $1 ,000? Yes. What about utilities? We pay$150 for water And then electricity is$270 No gas? That's included with the water Internet? $55 Renters insurance? We don't have it My brother We rent from her brother He has like Home owner's insurance Or whatever For the house I'd get it just to be extra safe If you're legally renting it through I'm putting$20 in there Get it Okay Phone bills What are we looking at?

1:15:15Are we together? My dad pays for mine. It makes his line cheaper, so he says he wants it all. Mine's$40. That's not bad. It's actually not bad. Okay. Gas, room, room, drive, drive. Probably about$160 a month. For both? Because we have one car. I work remotely. And she works remotely, so it's just me, really. Work remotely. Well, guys, we don't have time to get any food from the kitchen. Car insurance? $153. Definitely not the worst. TP Fund, anything else to survive? Giving you guys$200. There's nails, there's makeup, there's toilet paper, there's whatever. There's tampons. There's everything you need to survive.

1:15:55That is not covered in this additional stuff. You apply it more detailed going through the budgeting class that you need. Okay. Groceries. I'm going to give$600. Follow the meal plan in that class. Medical healthcare. Okay, therapy. How much is it on a monthly basis? Well, it really just depends on when I want to go. Well, give me an average.

1:16:1850 okay medications monthly um like if that's like 250 250 dollars yeah for what i didn't see that she doesn't even know for what no it's for your um oh yeah her yeah and she gets those the injections from like the compounding pharmacy they're like semaglutide injections so they're What's that? That's like Ozempic, but like the cheap version. Okay. Anything else medical? No. Have you lost weight? Yeah. How much? Over how long? Like 15. And I don't know. Like four-ish months, I think. With all this eating out, I'm surprised, honestly. Good job. Good job. You have pets. How much for pet food? We spend, well, yeah, probably about like$250 for pets because we have five cats and a dog.

1:17:17Good s***. And they all have pet insurance? No. None of them. So we don't have pet insurance. And we were looking into it when our dog got sick earlier this year. Yes. But now that she has, it's like considered a pre. What was her sick? She was like severely dehydrated and had like giardia. And then one of our cats too He's had a bunch of illnesses before So I feel like getting it for them Can you get the other cats? I'd get them just for those who you can I'm going to budget in$150 Because the ALs literally save you thousands You're not going to let them die And if you can't afford pet insurance You can't afford pets Anything else that needs to be in your budget That I have not put in?

1:17:59Speak now I don't think so Okay We still have enough I'm not going to give you any fun because this is so stupid I've been doing it and you need to learn discipline financially for the first time in both y 'all's lives so $879 left on a monthly basis okay

1:18:28that is paying off the

1:18:34Stephanie's USA Bank by the time that interest accrues. So we'll cross that off because that gets us there. I put that in your minimum monthly. Yeah? Okay.

1:18:48Admin a monthly payment on your student loans until they're paid off. Yours, probably same once you get them.

1:18:56So we have to work to pay off outside of those $30 ,419 of bad debt.

1:19:07we should never have allowed us to get in this position it takes 34 months it's not the worst it's about three years it's about three years but you guys got yourself into a three-year mess but that doesn't include being able to go to disney once at all if you do if you do go to disney i will allow you to go make more money with the second job someone both of you whatever it is or raises or whatever and once you're able to put a thousand dollars towards the debt to pay it off in two and a half years i will allow you to put a little aside over a thousand dollars after you put a thousand dollars towards that towards disney things if that's what really keeps you going throughout the situation but a thousand hours a month needs to go to a minimum if you're not willing to go get another job then you're not going to disney this takes three years to pay off and then probably another seven months to get an emergency fund or something That's what this is looking like My job does have a lot of Overtime opportunities Take them, nurse them Put in those needles Whatever you guys do Okay Okay There's options here Consolidations going forward Are not it Now it's a discipline change Now it's a maturity change Now it's finally taking control for the first time in our entire f***ing life.

1:20:30You can pay this off in two and a half years, even quicker if you really want to, take more overtime, get more raises, pick up a second job, whatever you guys need to do. But you're not allowed to go to Disney unless you're putting literally a minimum of$1 ,000 a month towards this debt and then an emergency fund after that. That is when you're able to go to Disney. Probably not as much as you do. I would still put more towards the debt because maybe we'll get out of this in two years rather than three. Why go to 30 in 31? Why be there when you pay off debt? It's going to be$30 and$29 instead.

1:21:01It's a little better. We're about halfway of where we need to be so far for the retirement. Actually, a little less because it's not an equal split. You do make less. You make half as much, meaning you guys are about a third of the way to your retirement goal in a few years from now. About a third of the way. You're behind. You're behind. But you can change it. This is the sacrifices you need to do now. Disney's not really in the picture unless you do it the way I discussed. All right, guys. Join us. Join us in the post show. That's where we have all the extra Goonie Wilds conversations. We talk about some more juicy stuff that we can't talk about on the main show for demonetization and privacy reasons.

1:21:45Make sure to join us. Join Hammer Elite for the best value over 1 ,000 hours of extra content. Let's get your Hammer financial score. Spending in a budget you overspent, 0 out of 10 debt, no collections. That's really bad debt. I can't give it any better than a 2 out of 10 because it's basically as close to as bad as it gets. Emergency fund. There wasn't savings, was there? No. Guys, you're going to Disney. That's a joke. Zero out of 10. Retirement again, you're about a third of the way there. I'll be generous and give a 4 out of 10. I can't. No, it's a 3 out of 10. Real estate, 0 out of 10. Hammer financial score.

1:22:26you hit it one out of ten all of our education is bundled together for 15 off link in the description below i'll see you guys in the post show it'll be fun as always we still owe for the wedding but what do you mean you owe for the wedding our debt payoff strategy is three years with literally no fun so that's more debt yeah and i did for sake for sake what what what possibly How much more debt for the wedding? You've ruined this whole f***ing thing! We still owe d*** on it. To watch the Financial Audit post-show, click the Join button below.