Rejected Baby Mama Cant Survive Without A Man | Financial Audit

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

0:33$10 ,000 in the last year on tattoos. You have a kid now. They're a year old. And we're choosing tattoos over like our literal future? Why? They look cool. The reason that my finances are kind of like where they're at right now. He left me. We split everything. We didn't have rent before. And then he dumped me. He ran into his high school crush. So you had to move out of his place? He moved out too. We didn't dump rent on you. You went and got a place. I'm Rachel. I'm 23 from Dallas, Texas. And this is Financial Audit. Thanks for coming down. So what do you do for a living in Dallas? I work remote.

1:09I'm an operations enablement specialist. Wow, that's a lot of just broad words. It's a lot of words. Okay. And what do you make in this operational logistics special definite real job? I make$69 ,400. All right. At$23, that's pretty killer. Yeah? Yeah. $69 ,400? Mm-hmm. Wow. Any bonuses on top of that? Not really. That's including like a$75 a month stipend that I get. That's still sick though. I mean, that's really good. So how do you feel living on Dallas? Basically 70. It would be fine if I didn't have. It would be fine. It would be fine if I didn't have my expenses. Well, okay. Cost of living, totally fine on what I have.

1:59Then why do you have your expenses? expenses i feel would be the immediate question uh like paying off credit cards that's like that is that a bulls**t expense that's a debt well it's a debt paying off my debts if i didn't have my debts from my bulls**t why aren't you paying off your debts then if we were making 70 000 a year i am paying off the debts slowly how slow minimums okay so we're not paying off the debts so why on 70 000 a year you know asking how you feel living off a 70 you're making pretty darn close to what i'm assuming is like the median household income um alone alone or is this a dual house just me okay well i have a kid so you have a kid yes oh how old's the kid he's a year okay

2:46wow wait you're alone so the other side of the creation of that thing isn't here uh not with me he we split time we split expenses split expenses like for him so like daycare okay and food okay like whenever he's there he pays for the kid whenever i have him i pay for the kid yeah the i would say like the reason that my finances are kind of like where they're out right now and so bad it's just like he left me we split everything we didn't have rent before and then he dipped and then just like threw it on me so it's pretty recent then a year ago okay well is your rent situation the same no i we weren't paying rent whenever we were together well you said he dumped rent on you yeah whenever i moved out i had to start paying rent so you had to move out of his place he moved out too but yes he didn't dump rent on you you went and got a place it's not like you guys were renting a place and then he left and didn't pay rent well so we we were together we didn't pay rent like we our employer working for like an apartment community sure we didn't pay but he didn't dump rent on you though well he dumped me he dumped you absolutely and then i had to pay rent yeah yeah you you moved down got your own but you made it more sound like Usually when people say that, it's like, okay, they left, and then I had to pay the entirety of rent.

4:27What's your rent? $1 ,450. Okay, and you have coming in on average, it looks like payroll,$4 ,628. And it was$1 ,450, his rent? Mm-hmm. I mean, just for your take home. Okay. i mean you know a little on that side at 31 but that doesn't indicate that you should only be paying minimum repayment so is that his fault i don't know that doesn't really make sense now obviously he's a dude who you know you're not you pay the bills obviously that's kind of how it works so um i mean well but you already said you guys put expenses for the kid so just child care really and the i pay for the insurance but he splits like health insurance just you said food as well though like whenever he's with him because we split time 50 50 so whenever he's with him he pays for stuff whenever so he didn't fully abandon then it's kind of you made it sound like that a little yeah you just you guys just broke up and now you're splitting 50 50 yeah custody uh-huh okay yeah but the financial situation did he break up with you or did you break up with him he dumped me okay why he ran into his high school crush okay don't like that yeah yeah i mean there's certainly responsibilities yeah yeah uh so that sucks i'm sorry to hear that child support just um again you're not you pay the bill yeah but so whenever you do the math like based on his income yeah whenever we split he was paying me more than he would have on child support so to the child care for everything so like child care um you keep changing what's what he's paying for well it's changes constantly this has changed four times now so for no it's the same thing so child care for what he pays in general for the child is child okay you said pay you he was paying me because i was paying it but now we're splitting it within the last like two months How much money does he contribute, do you think, on a monthly basis?

6:51Just to the child care. How about that? Just to the child care. Since you don't see the rest because he has the kid 50 % of the time. His cut just for child care is like$400 a month. And his child support would be less?

7:09It would be around the same because he has other kids. Wow. Gosh. So you're 22 and you had the kid? Mm-hmm. yeah 22 whoopsie yeah happens how many other kids does he have two okay dude needs to learn what condoms are yeah yeah he's the girl he left me with too she has two kids oh good so he's got all the kid expenses five total technically well at least someone's keeping the country populated yeah he's doing a great job at it okay so what's your financial situation then i mean it really sounded like again you kind of you said it's all because of because he dumped you which yes i mean he left someone that he had a kid with that is like right away and then goes for a high school crush that is kind of and obviously it sounds like he has a record with that so don't get me wrong i'm not like yeah bro good job dude yeah i'm not like that but like you were like yeah it's because he left me and he left me rent no you moved out and you chose the rent you wanted you signed up for a place you wanted you weren't stuck in a place that he left he pays for child care half of it and also takes custody 50 of the time and takes care of all payments while that's happening so that really sounds like an immediate like deflection of blame of responsibility of not taking accountability because if those payments are taken care of and you know obviously a kid It is expensive.

8:43But with where rent is for a pretty strong income, plus half of childcare taken care of, I really feel like we could be making at least a little more than a minimum. So what's going on through finances? What's happening? Where are we today?

9:01I get a lot of tattoos. And I've spent a lot of money on these tattoos in the past year. that's your financial life is tattoo no i'm just so that it's like one big expensive where or like area that i've spent a lot of my money talking about how is how much that i asked what your finances you say i've spent a lot on tattoos

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11:11That's kickoff without the C, G-E-T-K-I-K-O-F-F dot com slash Caleb. So like if you, I guess like if you like break it down, all of my income is going towards like those credit card payments, which is the minimum. the minimums yeah why are you so much credit card debt why are you so much credit card debt how about that the tattoos no i put okay the first one we're gonna look at is eight thousand six hundred twenty one dollars with the three hundred twenty six dollar minimum payment that is all tattoo debt that's all not all of it not all of it i've put about ten thousand on tattoos in the past year in the past year yeah well now i know why you said it that's insane yeah ten thousand dollars yeah and then tattoos none of them even have color this one has some color it's a little blue just a little bit you have a salt shaker okay it's one of my favorites why ten thousand dollars in the last year on tattoos i just kept getting them no why Why?

12:17Because they look cool. Okay. Sure. Yeah. Subjective, I guess. Yeah, definitely. My dad isn't a big fan. I don't have any because I'm scared of needles. I ain't commitment. But I've always wanted a base cleft right here. Do it. Man, the needle thing. That's fair. Okay. $10 ,000. So really? Instead of making beyond any minimum monthly payments? That's just. I just kept putting more money on the credit cards yeah but not just for your sake but you have a kid now they're a year old and we're choosing tattoos over like our literal future how does that make sense in any context it doesn't then tell me why the because you seem like okay it isn't like you know it so why the I just I just kept doing it I made friends with the artist and then it was like an inside joke i was gonna get an artist or a tattoo from every artist at studio and then i just kept going get a free thing yeah 10 000 hours is an insane amount of money in a single year did when did you get your first tattoo when i was 18 so five years ago okay so it's not like this but the majority of them have been this year yeah how much is a tattoo uh what's what's one of those that you got this year uh pretty much all of them okay fine uh the spider web on the elbow how much did that cost it's 400 500 so quick the amount of things you could do with 10 000 hours this is just you know i paid i think 1500 for the two flowers like on my neck these two why no one can even see them you're wearing clothes it's true oh shame if you're getting tattoos it's not about that whether or not i like or dislike i don't care so it's like you don't have the money let's think 30 uh 60 let's get to 60 that 10 000 thrown in your like muumu account for example you bought some s &p 500 on average without even touching it it would grow to 400 000 in 37 years you know based on just its average returns but instead it's this ink on your body that fades over time and needs touch-ups well needs touch-ups but also if you gain or lose weight they start looking weird it's true it's another reason i don't get tattoos i'm a yo-yo i'm a professional yo-yo machine what would you give yourself self-assess we already talked about your first credit card for a second but self-assess what would you give yourself on a score financial score the range being zero being the absolute worst 10 being the absolute best you can be where would you put yourself on that scale um i took the the quiz on your website okay uh-huh i got a zero okay yeah i mean but again tattoo is more important than getting that above a zero right if you want your score hammer financial score you can get it for free just like she did uh it's in the description below it's also a good place to check out the budgeting and investing uh programs that you get to take advantage of i highly recommend you go through it but then you also get sign-up bonuses is like a hundred dollars into your investing accounts that check those out okay so the quick silver the quick silver so this one i also use um we'll get to the car but i i use this card for the down payment on you didn't you mean how much of the down payment all of it a credit card how much how much uh what's the dollar amount that's crazy what's the interest rate on the car uh 12.75 okay well that's that's that's obviously gross that sucks but you put the down payment on something that's what what is this 30 percent 30 32.24 percent we put the down payment on that where was the logic behind there um a personal loan would be better than that what was the logic what would you logic they told me that they would be sending me a check because i had traded in so i traded in a different card they sent me a check that was the same amount as the down payment but i didn't get that check until about three months later okay then you put it towards the car yeah but at that point i had already like added more money onto this sure but you still put it towards it right most of it what was the check three thousand and how much of it into the card uh 1500 maybe why why only half it was meant to fully replace what you put towards the card yeah why only half oh i i ended up putting it on like the other credit cards too because they were all getting close to being maxed so that you can have more room to max out again that's you're obviously not a credit card person so in what world does that logic make sense either like don't you what's your debt payoff strategy because that's not a way to go about it is putting spreading out a payment across all the things doesn't make sense i was just paying the minimums and then whenever i got the check i was like well let me spread it throughout because they all have i got you but why you said you said because they were almost maxed out but why does that matter to you why do you want that little bit of gap between each credit card to their max I think the thought process that I had whenever I did that was if they, I don't know what happens when a card gets maxed.

17:49I don't know what happens, like, realistically. Well, to your credit, because it's utilization. Then there can be fees if you're above the max as well. Which interest puts you above? So being close and knowing, like, the interest is so high on these that to get those a little bit lower just in case, like, the charges keep going, then. And the down payment was$3 ,000, so the other$6 ,000... I also, I don't, I use different credit cards each time, but I was using the credit cards to daycare. But he pays for half. Again, you don't make an insignificant amount of money. Yeah. Why? Why was child care being put on a credit card?

18:30Even the TET... Shopping is hard, right? But I found a better way. Stitch Fix online personal styling makes it easy. I just give my stylist my size, style, and budget preferences. I order boxes when I want and how I want. No subscription required. And he sends just for me pieces, plus outfit recommendations and styling tips. I keep what works and send back the rest. It's so easy. Make style easy. Get started today at stitchfix.com slash Spotify. That's stitchfix.com slash Spotify. To do good cash flow, sure I wouldn't want, like, what is that? 20 % of your income? 15 % of your income? net or uh gross going to tattoos i wouldn't want that but not like 20 but i did put like the tips for the tattoos i would do with cash yeah but why not the whole thing because you really could cash flow it if you wanted to there must be something hit some monthly expense that i just don't know how much accrued an interest on this card this last month 20 or 250 i think 280 maybe $236.74.

19:33Yeah. She didn't put anything extra towards it. And now there's a$326 minimum payment. And this is over the credit limit. This is over the credit limit. The credit limit is$8 ,500. You're at$8 ,621. Yeah. Dude, obviously, just use the Fizz card if you're going to use a card. The benefits are more geared towards you anyway because you're younger. I'm scared to look at anything. Yeah, but it forces you to pay it off. so you can never get into this it's a charge card oh okay yeah the interest rate's insane interest this year so far 1128 on this how much gross 1128 stolen from you taken from you holy minute and minimum fee payments your strategy right so you excited to have that for 27 years because that's how long it takes to pay off well and i was putting like whenever i was like hardcore buying like getting the tattoos and things like that i was putting more onto them than the minimums but then the minimums kept getting higher because i kept using them you're gonna close your accounts chop them up never touch them again yeah i know what affects your credit but you are not taking advantage of credit it's taking advantage of you i think my credit score is like 580 so i don't think it matters if i no it doesn't you're getting completely by all these credit cards you're getting destroyed by the interest rate i mean you're gonna have another kid at this point with how much they're you this is wild that was inappropriate but i make inappropriate jokes we joke here uh okay capital one venture card yeah that one's also like 32 i think but the the the balance is lower and i also i opened these cards when i was with my ex so that's why the minimums are so high because i had that dual income so whenever it said what's your household no but whenever it said what's your household and i didn't know anything and together we made double my actual income so i would put that down and they were like cool

21:48one reason i kind of want to go the child support route is because at least it'll be guaranteed like so he doesn't just like off at some point i mean he could still off but there'd be legal consequences in the child support route yeah i'm just i think i'm more concerned about the timeline between between let's say i were to file for child support then he says you and stops paying anything until that's done well then i have legal expenses then i have all of the expenses to myself get an extra 300 400 from a month like that's well no no no he's paying for child care but then he's paying for other stuff too like there's financed furniture items that he took when we broke up that he why does this keep changing you literally keep changing what he's taking care of the way through it no you you i think you said the words only child support uh only child care for the child yeah but then he took like he took our our bed and he took our couch that's finance so he's paying toward 200 towards the couch and then he's paying me is he paying child support for them like what's happening not court ordered but yeah he is but he's not a terrible guy sounds like he's paying his bills he's trying to participate in their lives he's just you know was kind of a douche in terms of the bang and leave situation yeah which don't do that naughty naughty wear a condom you can also say wear a condom yeah i won't unless you wear a condom yeah there's that but yeah but also yes to him wear a condom like it's a two-way street the intercourse thing it definitely is it's on both of us i mean i take responsibility for that as well which is why i pay my part too but yeah no it's a powerful word but also man up and wrap up

23:39learn your pullout game dude that's all i'm saying there's a lot of cups you made along the way that's all i'm saying i'm gonna leave it there i'll leave it there 127 dollar minimum payment on this so geez they're really stacking $3 ,534.61 $92 of interest so the interest charge is a month this is crazy across the board I think that's actually gone up to the interest charge it's like over$100 now if your pull out game is weak make sure you apply to be on the show at calebhammer.com and I will yell at you for that

24:20we're filming on a Monday it's weird I don't think anyone's fully mentally here. That's okay. And it's at 30.49%. Yeah. Oh, I thought that was at 32 too. It's not even better, but... Noah's telling me he wants to do a pull-out audit in the post-show. In the financial audit post-show.

24:48No, Noah. Naughty. Bad. Only one kid. That's what it wasn't about. I'm very confused as to who, like what that was. Never mind. I don't know. What does that mean? What specifically does that mean? It's nothing. I don't know. It's a Monday. Okay. X eater. BJ's Wholesale Club makes holiday hosting so easy. We called in Thanksgiving's original host to talk about it. Pilgrim here. We could have used BJ's back in the day. Imagine stepping off a boat, then foraging for your first Thanksgiving. It's a whole new world now. BJ's brings Thanksgiving right to your door with free same-day delivery on your first order of$100 or more.

25:33We're talking turkey, squash, pies, all at prices so good they'll knock the buckle right off your hat. For terms, visit BJ's.com slash Thanksgiving and get the same great savings online as in Club. I've never even heard of this. this must be the car because 26 000 so it's 26 000 and 12 percent okay what's the car toyota rav4 we're at for year 2021 okay why do you need this much of a car right now at 23 another chunky minimum payment of 532 dollars these are really stacking yeah how do you need this much of a car was the question i asked i so i had a fiat before which was not suitable for the child that i have the car seat didn't fit in the back seat of it so i wanted a different car why i got this car i just one i really liked it two it was like the only one that they had on the lot that really like fit what i needed there were a couple others just i guess i have a big car seat and i don't i couldn't get the angle right so the only car was 26 000 with a 4 000 or 3 000 car down payment on our credit card at 32 that's the only car we could get that had a car seat i didn't shop around much of course not it's the american way and then we're stuck in a high interest high minimum payment i really don't know anything about buying a car and i went into it knowing nothing about buying a car i mean i like the money guy rule where it's 20 you have to get a 20 down no you're no longer than a three-year note and the minimum payment could be no larger than eight percent of your income no that doesn't that's a pretty good that doesn't stack up here at all no well what's the term like the longest one that i could do oh it's essentially 72 months it goes till the end of 2029 yeah what's the car worth it's 22 ,000 18 ,000 oh my god that's unfortunate when did you get this six months ago okay and it's so what was the purchase price 30 right no the like what i paid or like what i technically purchase price yeah because you put three thousand down and you have twenty six thousand dollars owed on it oh what was the purchase price i guess like 29 then okay 28 29 so it went down 14 000 in value in six months i mean you probably didn't purchase it above value but yeah and i had so where i really played myself with that i had bought a different car so i i went there i bought a car i bought a mitsubishi and i did not like it like within within the within the return it 18 19 still a lot but my minimum payment for that was like 300 what did you what did you not like about it um so within the first week of having it i loved it it was fantastic but then about a month later it was just like little things started going wrong so i popped every tire was that the car's fault so whenever i took it back i'm convinced that like whenever i bought it it had like nails in it because i don't think you get new cars because the tires no but place them all for like a thousand bucks it just kept happening so i'm like i don't know is it like the type of constantly like within the month i had it i blew all four tires and like it was yeah but what about crazy like a new tire on the wheel even the new one so the new one would immediately pop within like a week or so yeah were they no were they new tires they were new tires they weren't patched no they were new tires it was insane it was like every single week a tire popped and i just bring this up to the dealership and just okay or like have anyone look at it and give a reason why before we decide to go ten thousand dollars more into debt yeah so i took it back to that wasn't the only reason why like i also i didn't like the way it drove i didn't like the way it drove um it didn't feel big enough like it wasn't i went from a fiat to what i wanted as a bigger car like to have the space for like really feeling that's ten thousand dollars a lot of once a lot of once yeah all that debt uh-huh yes okay um and then i took it back to them and they were like well we'll take it back we'll cut a thousand dollars off if you buy another car oh they played they made their money dude and then made their money they didn't have any other cars in the lot that were around the same price of course not oh of course not um so i ended up going with that one and they they really threw me in the it's between this one and a jeep cherokee or something like that that was like 35 or 36 and i was like well i'm gonna go with the cheaper one this is that's so dumb yeah again there was something weird with like all the axles or something whatever the thing is that popped all the tires constantly who knows that could have been a thousand hour fix or something yeah instead of ten thousand hours more debt we knocked a thousand dollars off of a car that's worth fourteen thousand hours less than what you paid for and put three thousand dollars down on a thirty two point five percent credit card debt insane kill me now death i do really like my car now good i'm glad you better because it's expensive and there's not much finessing we can do with different financings to get it into a better place because you're underwater on it dramatically yeah it would go seriously negative if i sold it back or anything and guess what you're paying those minimums until 2030 yeah i think it's like december of 2029 it is yeah it's the end right to 2023 uh 2030 and And then hopefully it makes it till then.

31:49Take care of it. I mean, knowing you, a tire will pop in your bag. Oh, this car's done. I guess I got to get a$40 ,000 car this time. A tire popped. Oh, no. My insurance covers that now, though. We upgraded my car insurance. So I pay more for car insurance now. Apple Card,$4 ,040.08. With another, this is these minimum payments, man. what's the minimum on this one it is 184 dollars and 12 cents you didn't even know no and the balance went up not for this one the balance went up on this one oh yeah yeah because i it's connected to like apple pay and everything it was connected this doesn't make sense you're you seem relatively knowledgeable about your situation you know you're in a bad place i know you watch the show and you've watched the show for a while and you're a fan of this show this confuses the f*** out of me what's even the point of consuming this show if you don't like get your s*** in order because we're just getting starbies and starbies and starbies and starbies and amazon and going to the mall and mcdonald's and starbies the f*** are we doing what are we doing so i i work from home and a lot of that's that's a That means you really shouldn't be getting Starbeast because you don't commute.

33:14Yeah. Well, I have to take my kid to daycare. And a lot of times I will get there and then it's like I have a meeting in five minutes. So I go to Starbucks to like go on the meeting. Sure. Don't spend money. Use the Wi-Fi. Get a water. Then I feel weird like because I'm a customer. But you're not because you don't have money to spend. I should be a customer if I'm using their space. No, you shouldn't be. You don't have money. Yeah. But I also really love. So it's a stupid car loan for someone who works from home. But I have to drive to Austin and San Antonio and stuff a lot for work. Like, I work remote, but I have to go on site because I work for a property management company.

33:49Twice a month. Three times a month. My little Fiat wouldn't make it. Okay. Twice a month? Twice a month. So 24 times a year. And we need a$30 ,000 car loan to get it? Yeah, but it's a nice car. Yeah, but that's not easy now. And it feels better than my old car. I probably should have gotten a different car, but I made that. That's dumb. That's dumb. That's the dumbest thing I've ever heard. Yeah. We are basically halfway through the year, and I need to make sure you guys are saving your money in the right place. In my resources section in the description below, you can sign up for one of the best high-yield savings accounts there are, but you can also get$300 for free with qualifying deposits.

34:27You can also get FDIC insurance up to$2 million on your money and get 4.6 % on the money that's just sitting there it's exactly where i put my money why let your money lose money when it could be making money it's the biggest no-brainer in the world open up a sofi high yield savings account now and get that 300 for free but that's a nice car that's a nice car how is that how is that more important than your children's future do they have a college fund um i opened a college fund i've put probably 25 in it yeah so having the the nice car is more important right right in that moment what's your retirement account at uh 3 500 401k horrendous for 23 well whenever i started working for this company they didn't have a 401k before i worked for them i was i had like a roth ira or something but i took it all out because i didn't know when you that meant and I actually never invested it so it's just money sitting there and I needed the money this was like two years ago so I took it out and then when they finally got the 401k at my new job I started putting money into that just time is on your side dude you're so young it's the perfect opportunity to just take advantage of time and let that compound on itself continuously over the course of decades before you retire i also don't know anything about like actually investing so hypothetically luckily you're going through the investing class which will be good and that'll help and that's so we could have a quick conversation but i'd rather you go through four hours of like true deep dives and take all the quizzes and everything so that'll be a little better but i mean in general just for the average person and it's one of the methods we go over just it's not advice of what to get but what's really good for average people are just indexed target date retirement funds and it's like okay i'm gonna retire in 2050 and it bases its aggressiveness and conservativeness based on how close it is to the retirement date and that's just chill all you do is throw money into that oh we also have some things finance what is finance four hundred dollars from apple and $249.

36:51I don't even see a smart watch. So, um, that's a great question. How do you not know? Um, you don't know what you have financed. I can't really remember 400. Do you have an iPhone? I do. Yeah. But it's, it's not that's financed to a phone company. Yeah. Well, my parents paid for the phone. Um, I was in college when I got it. So the 400, I think was an Apple watch, which you're not wearing, which I'm not wearing. Classic. Uh, the 250 AirPods. AirPods Pro. Okay. Which I do use on a daily basis. Since I bought them like almost a year ago, I think. Where are your parents? Where are they? Are they in Dallas as well?

37:35Mm-hmm. Okay. All right. How much do they help out with the kid? Uh, they buy stuff. So like there's like toys or anything like that. They help with that. Um, they've, they help here and there. make good money for your age you have a college degree i went to college but i didn't end up getting my bachelor's but i did get my associates i came back it was covid i came back during covid and what's your associates in just straight associate of arts okay you're i mean you're making good money for someone that doesn't have a bachelor's degree someone that's only 23 it's pretty great there are student loans if i remember right aren't there there's a lot and there's not like a ton but they're they're in there because it was only a semester and a half that i had to pay for since covid hit while i was there well i'm always happy to offer every single guest if you ever want anything for extra income a tech certification through course careers but in your situation again you do well i don't think income is your issue i don't think it's your issue no i don't think so either affirm what are you affirming you don't need to affirm you make money what are you affirming which one is that uh amazon the amazon is this ring

38:55it's no it's horrendous what is it it's an aura ring so it's one of those it's but i'm also financing an apple watch so it was a very impulsive decision when i bought it it was at my friend's house drunk she had one i was like that's cool ring purchase yeah so i didn't know that there was any interest whenever i did it because i am so you didn't well it's a 30 yeah so i had i used to have decent credit so anything i would ever do a firm with which is what i would do just to build my credit whenever i was a good credit card person two years ago um and i didn't i just click through it because i knew where to click again i was drunk and then it was 30 i didn't actually know that until i sent you the statements um what's the minimum monthly on this 2250 you love living the minimum monthly payment life nectar you got a nectar mattress i have a nectar mattress as well and i like it i don't have it that um

40:03my uh my ex has that and he pays for it so that's part of what he sends me every month it's 80 a month or 72 a month what if he doesn't then you have to because it's on your card right not his yes kind of mattress do you have now i have a lowell mattress that i bought maybe like three or four years ago it's paid off i did not affirm that paid straight cash for it $1 ,703.85 is still owed on this. So he better not. This one's actually at 0%. Okay. What's the minimum monthly? Oh, sorry. Actually, the remaining balance is$426. But you took out$1 ,700. Okay. What's the minimum? $70.99. Okay. See, again, you're very aware of your situation.

40:55You've just done nothing to fix it. Correct. Which is almost even more dangerous than the people who come here oblivious to this situation. Because at least they have a reason for not doing anything because they just don't even know. But you're doing Starbees every second of your life. Plus, now there's multiple spending accounts we have to go through here in a bit. While being fully knowledgeable about your situation. Then$10 ,000 in tattoos in a year, but fully knowledgeable about your situation. $3 ,000 down on a 32.5 % credit card, but fully knowledgeable about your situation. It makes sense.

41:26you know down to the cent with your farm payment that you don't even pay because someone else sends you money is like it's i think i know that one because he sends me but yeah but you also answered on the other as well yeah you've answered you've been able to answer most money questions i've given you but the reasons why yeah but so what the is that what what so what do you owe on this ugly watch ring it's it looks like it's like you can see the like sensors in it it's made out of stone or something it's like no i don't well i could have gotten it just black and it would have been a hundred dollars more what is it doing so it's essentially an apple watch it tracks your like heart rate your temperature um your sleeping things like that i can't sleep with the watch on so then i would forget that i'm i need to put it back on so that's i like i don't even know where it's at somewhere in my apartment the watch but this doesn't that thing you need a monthly payment are you paying a month seven dollars a month about and you're paying that to use it oh my gosh on top of the 350 to buy it plus interest plus interest 30 percent yeah medical bills what are these medical bills which one there's 75 there's quite a lot of them you paid the$75 one um$75 with I think that's the that's can I see it or is that the minimum monthly yeah it's the minimum monthly the total that was this was the amount due and that's when they basically told me pay it or we're gonna send it off yeah it's 22 payments$75 each at$538 balance because in texas if it's over 500 they can send it to collections what is this for um this one so this one is for my son he had to go to the emergency room um he had rsv so to be clear instead of having an emergency fund to help take care of things like our child ten thousand dollars and tattoos right okay um so he he had to go to the emergency room this was for just the emergency room i think there's another one in there for cooks because he had to stay um cooks cook's children oh yeah uh yes oh this one's big okay yeah but this um this one this other one's a $3 ,109.70 with a minimum payment of $121.66.

44:07So this one, it's$75 is how much was due. The minimum monthliest, this is the agreed upon, is$25. Oh, okay. So that's what I agreed upon with Baylor. And then the other one at Cook's, I think I agreed with them. Oh, so not that one. That one's still. So this is another medical. What was this one for them? This one's me. What happened? I, um, so I was admitted to the emergency room around a year ago whenever I started spending all this money, uh, for mental health stuff. Oh gosh. Okay. Um, so this is paying for that. I don't see the cook, the cook children's hospital thing. Um, I don't know. It might be still in here somewhere.

44:49Probably is. It's a thick stack. That was a hard one for me to get like a statement for. But the Cook's children is. Well, I'm glad you're still with us. Let me just say that to be very clear. I'm paying for it though. Yeah. Well, I would rather you pay for it and be alive. Okay. But this 25 and my baby's dad is splitting this with me. So he sends me$12.50 for this. Okay. And then he sends me like, I don't know how much. the cooks one is i feel like it's in there somewhere but he's splitting that one with me too well what's the uh that's a collections oh collections from university so i applied and got into tarleton and i was going for like child care education or something i wanted to do a career change making up the name of schools these days that one's nearby it's in stevenville texas never heard of that city that's crazy anyways it's not important but it's in texas that's okay okay go ahead um they i reached out to them i was a late admit so i admitted like a week and a half into classes starting um because i had to make sure my finances were in order to pay and then two days later i found out i was pregnant oh yeah and i reached back out to them they were like well technically the deadline is done so you're gonna have to pay for like 10 percent of the semester or something i was like i literally haven't been to a class they said well let me get back with you that was the last communication i have via email every once in a while i wake up in the middle of the night with a deep sweat just like the fear of a woman getting pregnant well you wrap it so it's all right this is scary though yeah even those have a one percent chance of failing or something like that it's like whoa it's scary yeah because then you have not this this is excessive but i don't think this is because the kid the one medical yeah and then there's also was the other one postpartum yeah well uh okay so there's so many oh either way you owe$1 ,300 in this collections.

47:11Yeah. I'm paying a hundred dollars a month on that. Oh, you have an agreed upon minimum. Uh huh. A hundred dollars. And yeah. Cause it was 2 ,200 to start. Okay. It just continues. Oh, cook children's. Okay. Yeah. So that's for his hospital stay. Um, and this was when I finally reached the deductible on our insurance. Oh,

47:35yeah. $3 ,264.32 is owed what's the minimum monthly on this? I don't know for that one and that one I split with his dad but that's just part of the incoming money he always pays loses his job, don't know that goes into the

48:00that's my private student loan so that's actually a refinance it was love them for high yield savings accounts yeah actually as far as private student loans go it was this a refinance that's why it's a little better because yeah it was like sally may can be like 20 of insanity it split in half it was like 17 more than half it was like 17 and then when i refinanced they brought it down still at 7.25 i'd want you to pay this off pretty quick because typically student loans i'm thinking like four or five percent anything above that range we want to pay off so when you're competing against the stock market just average return of eight percent you know it's like it's right there we'd still want to pay this off just like any other debt seven thousand twenty seven dollars and forty two cents the minimum monthly payment of one hundred and seventy dollars and forty five cents yeah these minimums stacking now yep Those minimums are stacking now.

49:00Is that all the debts? Pretty sure. No. Are my federal student loans in there? No. Are you sure? Yeah. Let me pull them up. I may have lost them because they are in our tracking. So I do have$9 ,924. Yep. And I was not paying those. Okay. and I didn't realize that I had to start paying them back yet I mean they sent like a thousand emails and phone calls but sure so they had my old email and they had my old address so I actually didn't get anything from like I'm sure they sent it but I didn't actually receive it okay well they made calls too and just again so whatever either way what's the minimum monthly uh i believe it's about 75 okay so with that luckily they haven't done any garnished wages and it's not hurting your credit because there's a grace period until this fall well i checked it i checked it and it says on there that like if i don't pay this month then well this might be the end of the grace this is the this is the end like this okay or last month was still been accruing okay so just take your payments dude and then we have a paypal account what are we doing starbeez uh some in-app google thing and starbeez and wingstop and starbeez and starbeez and starbeez and epic games apple services star bees apple services apple services uber eats you can't afford uber eats you you're not putting anything extra towards your debt you weren't even paying your student loans are we gonna Uber Eats.

50:42What a joke. Uber Eats. Oh, there's the ring. Etsy. Starbucks. Yeah, it's not a we're dropping our kid off and I'm running late to a meeting. No, this is every day at this point. Or at least every other day. So it's not just a I was running late for a meeting so I stopped. You're endlessly doing it. Yeah. I have a coffee problem. Then make it at home and chug a pot yeah i have a keurig cool um and i have looked at it at my on like the top of my shelf every day and i'm like just get syrups get the sugar get the milks get what you need to do i love summer moon coffee i love summer well that's fine but i love summer moon coffee because i love the moon milk but instead of always having to get summer moon for every single coffee I just go and get their damn moon milk.