She Gaslights Me For 1 Hour and 35 Minutes | Financial Audit

33:14Not really. I don't have enough money saved. Like, it wouldn't have made sense. Well, you don't have enough money saved because you blow all your money every second of your life. And you have minimum payments that you don't even know because you just rack up all this debt. Like, no. I mean, that lines up perfectly. It's fully understood. look where you've gotten yourself and you're allowing this at 21 yeah and when you push back on it you brag about how good you were at 19 i don't care about 19 you're 21 now yeah i don't give a about what i did at 22 i don't give a what you did at 19 who gives a you are where you are now deal with it yeah i'm that's what i'm trying to do no you're not because what you're doing right now which is the only time that matters is blowing it all i i feel like i'm not getting that through you.

34:01I feel like, to be fair, I do feel like this is my worst one. I feel like that's why it looks so bad off the surface. Worst one. Lady, this is $3 ,000 and we have a total debt pile of$80 ,000. Like, that's... Like, shut the fuck up. It's the one with the most random purchases, but I feel like once you, like, see all the other ones... What, are the other ones strategically dumb? Yeah, well, they made more sense at this time. Yeah, a little slip there. A little slip of reality. Listen, you're not a credit card person. And this is too dangerous for you to have these access to these amounts to spend.

34:32You can use the Fizz card like many of the guests and audience. That's what I will allow you to use because it only lets you spend what's in your checking account, like a debit card. So there you go. But you're not using. You got to remove this from your Apple wallet now. But like, how does that even work? Like, doesn't it? Well, that's what? No, like, I know you can just remove it. But like, doesn't it like report on your credit that like you close the account or close your account? You can just remove the card. Should be able to remove it from your wallet if I'm not mistaken. Then how do you pay it if it's not like on there?

35:03Because it's like. Remove it from a default in terms of like if you're going and tapping to pay though. Yeah, but then it would just be another credit card that's on there. Yes, but you wouldn't just be in. You said the reason why this is so hard is because it's available right there for you to just spend. Yeah. So make it harder for you to spend. Yeah. But. Yeah. But I mean, it's. So you met this dude like in high school Yeah like after I graduated Yeah Yeah that's fucked up and you find yourself in a new position That you have in adulthood So you've been an adult for three years but you guys have been Together that entire time So that's definitely interesting That's yeah I feel like that's a lot of why No No Shut the fuck with that Listen it's why Today might be a struggle and figuring things out Might be a struggle but it is not why you're here it is not why your spending was like that in this most recent month don't pull that that is not true that is not true but I will say the chiropractor that was from him that was I cancelled that though he broke you no no like I was paying for his chiropractor like why I was paying for everything that's what I'm saying why but why were you that doesn't make sense I don't know because I was still in the month of January you guys were broken up and didn't live together yeah I had to And he literally cheated on you.

36:23I know, because it was on auto pay and I didn't realize. So, I mean, I canceled it now. Okay, well, chiropractory was quite a minimum compared to all the purchases in there, by the way. But even still, it is stupid. Yeah. But, you know, so it's just like little things like that that would add up. I think just like because I was making like more. You still make great money. You make more than a lot of college graduates or people that didn't go to college as well. Yeah, but because like I was used to a certain income. And then like I was spending on that. have to adjust again this is why you use the fucking budgeting app it's ridiculous like people are incapable of adjusting i really don't understand i mean you literally lost 81 dollars and 55 cents in interest in one month alone just on this card yet you're still spending on it it is at a 26.24 interest rate that's crazy and yet you still you still just purchase on it yeah like it's nothing to get the nails did show the camera your nails let's see are they special they were only$70.

37:19Are you kidding me? Only$70? Are you fucking kidding me? Do you not understand the value of a dollar? $70 is substantial. It is, but... Do you know how many McDoubles $70 is? I don't know how much a McDouble is, but I... Probably like 50 McDoubles. But they last me like almost a month. So do 50 McDoubles. Yeah, but they're not gonna... You have to work those off. Yeah. But these, they add they add value yeah but you got to work for the money that you put yeah but i enjoy them it's like the one thing i get it too but like get press on nails or something i tried that they don't last and i work in the restaurant industry so i can't have like press on nails like flying off listen all i'm saying is it really comes to as simple as you cannot afford that literally 81.55 in interest on one of the debts alone 3 000 of the 80 000 this costs more than that and it's because you refuse to actually sacrifice things sacrifice things well to get out of this debt and cut back your spending i think it helps me like in a way like i don't know what i think like i think if like i feel more confident with my nails are done and then i think people like i think it just like looks more presentable i think people tip better so i think i make my money back i know there's definitely tips based on looks for sure yeah but you are a very conventionally attractive person you are congratulations you won that lottery lottery pool like well done but i don't want to have the nails that's gonna do it it helps nobody wants like nasty fingernails holding their food and stuff why would your fingernails be nasty well those fingernails will be nasty too if they're not you can do press-ons more frequently you can also paint your nails you can also just get natural nails either way that's not even the point i'm just saying you couldn't afford it and literally because you are more willing to spend money on stuff like that you are losing more than it costs to even put those on in interest alone on one of a minority of your debt of the eighty thousand dollars it is a simple mathematical thing that i am not anti-nail i don't give a in fact i am pro again the back scratches everyone loves them i am pro these things this makes no sense for your situation it's as easy as that i don't know it's just stupid minor thing to defend i don't get it I think I don't know I just I stopped getting them done for the longest like when I moved into my first apartment and like I feel like I don't know like because I made that sacrifice so that like we could afford like kind of to build our life together so like I feel like I kind of just like needed to do that for me you know what I mean like no because like it was something I stopped doing for myself when I was with him so I feel like it was important for me to like get that back like i'm like i know like i still have to pay off my therapist i i that's kind of like what it's about like taking care of me like reprioritizing myself self-care but there's lots of versions of self-care yeah and again if it's something you can't afford you're putting yourself in a worse position what kind of self-care are you getting into if you're gonna have to sacrifice for years to pay off debt what kind of self-care are you gonna be into if your parents are no longer there you can't move into them and you don't have a savings account just like you didn't have a savings account and you couldn't move into your own place like your parents the world moves fast your work day even faster pitching products drafting reports analyzing data microsoft 365 copilot is your ai assistant for work built into word excel powerpoint and other microsoft 365 apps you use helping you quickly write analyze create and summarize so you can cut through clutter and clear a path to your best work.

40:56Learn more at Microsoft.com slash M365 Copilot. These aren't always going to be there. It's a sad fact. Like there's so many things. What are you going to do when all of a sudden either you're the parent and you can't retire because you didn't save up for retirement. Like those are the things. Self-care now is important, but self-care for your entire life is also critical. And you are prioritizing the minor little feel good things in the moment over your entirety. but it's like hard to like i don't know i wasn't like thinking about that at the time like it's like i feel like i'm just trying to take it day by day like you know yeah but you have to have a plan an overarching plan we all take the days day by day but you need to incorporate your strategy of living into the overall plan you have and if you don't have a fully concrete plan right now that's okay that's okay you're 21 that's usually where we're kind of up and we're figuring things out that but this is the corrective moment and defending something as stupid as just that is pointless and trying to make yourself look like the damsel in distress is pointless when what we could be doing is taking responsibility for the spending we have now that is preventing us to get to that future place so what goals do you have do you have goals yeah what what do we have i want my own place like your own place so moving back into an apartment yeah well i mean I want to own a house one day, but I need to get somewhere first.

42:15But my mom's, her lease ends in August. And she's planning on moving across the state. And I'm not really trying to uproot my whole life and everything. Why is she moving so far? Well, her boyfriend works across the state. Oh, so what are you going to do? So you need a new place by then. Yeah, I need to figure it out. Then how possibly is spending all this money on bullshit priority right now when obviously you need to start saving up to put a security deposit down first month, last month, whatever you need on a place. How is that not the priority? How is that not the priority? That doesn't make any f***ing sense.

42:52That's a critical timeline. Yeah, but I think I was just excited to have a little bit of freedom after not having to pay rent for the first time in a while. You live with your f***ing mom and you do pay rent. Well, financial freedom. But you pay rent. Financial freedom. You have$80 ,000 of debt in 19. Is any of that even student loans? No. That's horrendous. People at 21, 22, 23 getting out of college, like$40 ,000 in student loans. That's what a lot of people get. That's like the average, right? You don't even have student loans. You need to have double the amount of debt. That's insane. That is insane.

43:32Damn, we're going to stress. Are you hoping someone just comes and rescues you? Is that why you set that up in the beginning like that? I'm trying to figure it out for myself. You're trying to figure it out? Yeah, you spent all that. Okay, let's move on because that's so... I just don't like how you framed your situation so far. I really don't. I just think... I think you'll see it more. I also think this was also... See what more? This was like the aftermath. This was after everything already got bad. Yes, it is the actions you are doing afterwards. The actions! That was your spending. He didn't do any of that except for the chiropractic he did not do any of that so what are you talking about well that's i don't know that's why i need your help like i need you to help help i'm trying your fight oh okay listen for what it's worth i'm gonna break the fourth wall here to the audience so shut the fuck up for a second sorry uh for what it's worth a lot of people come on the show everyone's from the audience these days uh like literally 100 of the guests at this point are from the audience and And people are not used to being in front of the camera.

44:39So there is just a natural defense mechanism that kicks in. But for sake, I am trying to get to that point where we are helping. We get. You just have to be reasonable and not try to set yourself to look good. You got to let go of some of that. Let go of the ego. It wasn't all his fault. He's a cheater. He's a piece of. But the entire thing doesn't revolve around the fact that he, like$100 went here and there. Look at the spending we saw in just that month that was your fault. Look, you all know I love calling people out on their financial train wrecks. We've tackled credit cards, payday loans, and more.

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47:21Then master your real estate is your next move. Sign up for the course today, lock in that massive discount only through the end of this month, and dive into the world of real estate investing. Seriously, real estate has changed my life, and it can change yours too. Let's go make real estate your next big win. And remember, we always offer a 30-day money-back guarantee, but we have the lowest refund rate in the industry for a reason. I bring the value. Check it out. Link in the description below. so discover it $2 ,206.21 with a$62 a month minimum monthly payment again these minimum monthly payments are stacking up quick for just 21 and so are the debt amounts and these are credit cards $41.72 of interest accruing look at that see your barrels went up for$19 ,020 to$2 ,206 your barrels went up because you purchased$600 of shit why are you purchasing more than you're putting on a card that is accruing in interest that you cannot pay off how long does this take to pay off minimum payments only if you don't purchase anything which you're incapable of how long how possibly a little long it was like eight years nine years so you'll be 30 yeah you'll be answering your 30s and then boom finally one of the credit cards is gone like one of our smallest debts is gone yeah nine years that one like just like a lot of my bills are on auto pay on that one so like that's what oh you mean like your other bills like your subscription also no not like you bragged about your 750 a couple years ago you're a 650 now yeah well yeah yeah dunkin donuts that classic auto pay oh well that dunkin donuts another classic auto pay people looker who the are you creeping oh my gosh who are you creeping on that was i also i also canceled who are you creeping on who do you think was it the ex yeah like i was like trying to like what what were you trying to find well like i don't remember it was like trying to see like if they were on a dating site or something would it tell you i don't know like you had to like what like ashley madison no i think he's out there fucking like divorced moms no like like just like assuming that's what ashley madison is just like anywhere like his profile is i don't know like i'm pretty sure that one find anything it said it said that like him and his family were like flagged like by the like they were on like a watch list but it didn't give me any other information Did he enter the country illegally or something?

49:44No, he's a legal citizen As far as I know Unless he lied about that too But I don't really know But I actually had to I cancelled that card You cancelled this card? What does that mean you cancelled this card? You mean you closed the account? Well, I didn't close it But I cancelled the card What does that mean you cancelled the card? Because I have that one like the people looker thing i couldn't like i have no idea where it was from it was like a random site so i can't figure out how to like cancel the charge if that makes sense it's probably from people looker well yeah but i don't i don't know like where that was like i don't anyways there was a few other things on there too like um our old phone or no our internet that was also his account that like he didn't close so like i had to cancel the card because I see you going into a gas station and getting some bullsh**.

50:38Going into a gas station and getting some bullsh**. Yeah, another classic subscription. Oh, here's another subscription. Broken Glass Smoke Shop. How much do you vape? Are you going to just be tweaking by the end of this because you're not having a puff? You're buying so much already on just two cards. Now, people looker there again. Come on. That's what I'm saying. Who the f*** are you stalking? Starbucks? No, it was literally just... Jersey Mike's going in and getting some bullsh** in the gas station. Wait, when? I normally don't do that I mean$9, you're getting$9 in gas? Jersey Mike's? Oh yeah, Jersey Mike's Jersey Mike's is a sub place Yes Yes But it's not a gas station No, the one after that is Oh, it was$9?

51:25Yes I don't know what that was It might have been gas But you've done it multiple times In one month You did it like three times This statement so far I think because that one had Oh apparently you're a pothead too I just learned Oh that's nice Why is everyone on this show Obsessed with destroying their lungs Why don't you spend in nicotine and On a monthly basis Come on Probably like So almost your rent Like half your rent Well right now rent I guess That's crazy. You have to move out forcefully. I know. I've been slowing down. I've definitely been slowing down. That's what literally everyone says on the show.

52:09I don't believe it for a single second. No, I'm serious. I don't believe you. Because I was living alone for three years and like my ex would smoke. So we would smoke together. But like now I live with my mom. So like out of respect, like I don't really do that around her and stuff. So 20 again, 24.24 % interest is insane. Do you have any retirement? I doubt it. I have 2 ,000 in my savings. 2 ,000 in savings? says why would you have two thousands in savings when you have a two thousand two hundred six two thousands in savings best you're gonna get like a little cushion like yeah but at best you're gonna get like four percent on it if it's a one-month emergency fund covering highest deductible i get it what's your intention behind it well that's kind of i guess what it is it's like an emergency fund like it was at like four or five thousand but literally if you just put it in in mooma or something you at least get like eight point something percent on it yeah yeah i definitely Actually, I think if you put$1 ,000 in right now, you get like a 16 % return on your money with the dollar reward they also gift you.

53:04So like I don't understand. You're just leaving. Okay. Okay. But like it would just be like scary to have nothing in my account. No, I agree and I wouldn't suggest that. This is probably a better use. 24.24 % interest. Yep. Okay. So you're just endlessly blazing it up. But you stop. You slow down because of mom. Meaning when you move back out, you're going just as hard again. Well, hopefully I'll stop before then. Why don't you? Well, I mean, I've tried, but it's not easy. Especially, like, I feel like... There we go. Someone's admitting to the reality that we are finding out more and more these days.

53:39We are not... I definitely won't lie about that. Not addictive like everyone has thought. No, it definitely is. And same with, like, obviously nicotine is very addictive. But, um... I don't know. It's just... Especially, like, working in the restaurant industry, it's so, like... I want to be very clear. We've looked at two cards so far. they're all your spending so far nothing has to do with your ex like you set up for the 10 15 minutes of this entire conversation to be so you what a manipulative way to open this conversation well because this was these were the statements the month after we broke up so there's like nothing yeah so it doesn't matter because these are your actions so it literally doesn't even matter that makes your opening even worse i asked what is going on and you talk about how all that you where when i'm looking at your statements right now it is literally after you guys broke up of you fucking you well i didn't have like i don't know i'm still trying to figure out like a new way of doing things i just like i was in such a like a i was so used to putting everything on a credit card because i didn't have like the money so like now i'm trying to like figure out how to balance like paying off more on the credit cards while like like not like i don't want to spend all my money i know i have to budget like i know what you're thinking but i don't i don't want to like spend all my cash so that i can't make my payments on my cards and stuff if that makes sense like you're spending on your credit cards i know what the are you talking about if you just didn't your necessities that wouldn't be what the cope is that what the cope it just it doesn't all right capital one quicksilver shut that's It's stupid.

55:21$1 ,965.80 with a$72 minimum payment. What are you doing? It was$1 ,078 of purchases. That is stupid. With$52.93 of interest. What the f***? Possibly. So that was. 12 years to pay off, by the way, without purchasing on it, which you are incapable of. so what possibly why so you literally oh my oh my the balance went out from a thousand seven hundred at nineteen sixty five because you paid more than the minimum but you purchased more than you put on anyway so it's just so stupid well see and that's what i mean like that's like the loop that i got my like that's the loop i got myself your loop is dunkin donuts starbucks vaping and loop loop what are you talking about loop is when someone's in a payday loan cycle and i can't get out of your dunkin donuts and we and starbucks and vapes no you don't get to use that excuse that is an incorrect statement okay let's see what this thousand dollar is are they gonna be a loop spending let's find out are they gonna be loop spending let's find out okay it's endless storage and new halls and storage so this one might be the actual first one related to what you opened with it might actually be the first one like 45 minutes in finally finally and guess what it is your lowest balance card yeah so okay so finally one thing like this one i opened um and i think i had started 259 yeah that was that was our phone payment why would you do that when there's services like helium for 15 a month i don't get it well it was like before we got into the house when why do people spend that much on phone i don't know it was like his phone plan so that was the thing like it was his phone plan and like i was just gonna like man child yeah he was a little man yeah i'm calling him in the post show it's confirmed it's happening i'm there's no way i'm not oh my god he's a fucking baby i also want to hear his head of the story i just like it was like i he he would never like he couldn't set up his stuff separated correctly what do you mean like you guys didn't go back to each other do you no he lives at his i know that happens a lot especially in younger relationships he lives at his mom's i live at my mom's i just don't want i just want clean separation here yeah with how intertwined you guys were i just don't want this to get messier this is insane allergy and asthma care yeah so um lots of u-hauls you'd think you're a lesbian this is crazy no this is so crazy that's what i'm saying storage as well like because you didn't have storage at your mom's house no she so she okay so he sent you flowers for valentine's Wednesday.

58:09Lindsay, UT goddess. What the f***? So is he attempting? Yeah. Is he attempting? He's attempting. Never get back with a cheater. We don't give cheaters. Yeah, I know that. You're not considering, are you? No, no. It's just like, it's, I don't know. It's been weird. What? No, tell me. Well, I've seen him a few times and we've talked. Why? What's he? Well, we still had a lot of things to figure out. He had his motorcycle in my storage unit and he has a lot of his stuff in my storage unit. So I guess we didn't separate. I'm going to ask a very middle school question. You guys haven't like even like kissed or anything, right?

58:42No. Since breaking up? Okay, good. Okay. So, okay. So it sounds pretty dead to me. It sounds pretty dead. You've met up for more like business. Yeah. Okay, good. But it's like, I don't know. Just don't. Just. This is literally just out of like care for you from me, not finances like cheaters. Yeah. Especially if they couldn't even agree that they were cheating. I know. And if you're going to open the relationship on both sides, like that's one thing that's agreed and consensual. But just going behind someone's back. No. Yeah. Either break up or you bring up the topic. You know, just go to other people, which I don't know if he did.

59:20But he says he didn't. But, you know, he denies, denies, denies. So but yeah, so it's a lot of this stuff for the storage. Like he somehow his mom lives five minutes from my mom. so um like when we moved everything like all of our stuff ended up in storage together and then like i don't know i just i somehow just ended up taking care of everything because he didn't really know we were separating so i was trying to like you didn't know what you mean you said you broke up like four times yeah well like he's a little like he's a little impulsive or like what's the word like yeah like a little impulsive so like me too but i know when someone breaks up with me yeah but like that's what i like broke up with him once before and he wouldn't leave so like that's not being impulsive that's him being either a moron or a weirdo yeah well no but either way so like and then i i left for um so like we ended our lease december 31st and so like and like i said earlier we decided like two weeks before that we're gonna end the lease and then so like it was kind of like a panic move with like getting everything to storage and like the u-haul and everything we had to extend the u-haul like two three days because like we moved like 50 minutes away from where we're living so like i don't know but um okay yeah okay yeah listen i mean we're a few thousand hours in there has to be something chunky somewhere that this is gonna get to here's something chunky there's something chunky 30 000 this has to be a car roadrunner 30 000 okay what is this what is this so it's a i believe 2023 polarist slingshot so the f*** are you getting 2023 car what the f*** i didn't even get something remotely within the year of the car the year we were living in until i was in my like late 20s the f*** are you doing why do you need 2023 so this is crazy 30 773.90 with a minimum monthly payment this is $560.78.

1:01:23That is crazy. What's the interest on this? What is possibly the interest on this? It's very high. It's like$13 or$14. Huh? Say it again? $13 or$14. No. What the f***? Why? Why do you need this? Why do you possibly need this right now? Okay. So I didn't. So I got this like a year ago now. So let me explain. Let me explain. There's a story behind this. So this is when me and my ex were at our first apartment. Oh, it comes back to the ex. Who would have thought, guys? Listen, it makes sense. So, like, we were both working full-time at the time. I was making, actually, way better money at, like, the same job that I'm at now at the time.

1:02:01Why? Is it slowed down? No, they, like, cut my pay. What? You said you went up from, like, 14 to 15 or 13 to 14. Yeah, but a year ago they cut my pay. From what to what? From, like, 19 to 13. Why? Because they had new owners take over. And they were doing a lot of it, like, illegally. Like, half of it was in cash and half of it was on the books. Do they, and then, they're still your boss? Yeah. Yeah. You just said that on the internet. Yeah. Oh, well. Oh. Well. Go on Well I wouldn't say where I work um and you're using a fake name but yeah go on go but um anyways so it's just like um that was a big adjustment but anyway so we were trying to like um passive income so he had him and his friend had gotten a car that they were gonna put up on turro as like a rental car and so that was the idea behind this car was it was supposed to be for passive income a rental car on the side Depreciating asset for passive income.

1:02:59Guys, this is the greatest idea in the history of humanity. Listen. The f***? Listen. I'm listening. I understand. It is a depreciating asset, but like. Yeah, but there's other passive income, like appreciating assets. Like real estate. Yeah. Yeah. But like, yeah. Yeah, that's true. We'll put you through the real estate class so you at least understand it. Yeah. You can learn the things I did. That would help. But yeah. So, I mean, but obviously like. Wait, it's a spider? It's one of those? Yeah. Like one of those three wheel fucking like. Yeah. So it's like an exotic like. Like the fucking. Yeah.

1:03:35The people that like the weird six year olds drive around blasting music. So I don't know. Like he had done a lot of research on like how much like that car in specific can make and everything. And like it really like it made sense. Like. Does it make sense? Well, it did at the time. Okay. I'm going to have you define this for me. Now. Now, maybe not as much. But like here's a little arts and crafts for you. Oh, my God. I'm going to have you go ahead and go ahead. Explain your business plan to me. Give me nice. Give me a nice chart. Well, because. Oh, no, that's incorrect. You're going to do that.

1:04:11What do you mean? What kind of chart? Whatever you need to do to try to walk me through your business plan here. I got you Crayolas and a nice little cutty, cutty scissors. Well, do like for real. What do you mean? Can I just explain it? No, I want you to visualize it. What do you mean? Okay. Your business plan. Any color? How would you make money on it? Okay. I want you to walk me through from the very start through every phase. Give me a nice little flow chart, arrows and everything. How do you make money? How does the math work out? How would your profits make profits for expenses? Everything.

1:04:51Go ahead. Any colors you want. You got some scissors. Go ahead. I don't. Go ahead. This feels silly. So. It is silly because you have a silly plan. Well, yeah. So I have a minimum like five hundred and sixty. Go ahead. Payment. Oh, my God. Make it into art. What do you mean? Put it on the refrigerator. OK, so what? Like five sixty a month. OK. Five sixty a month. What that for my payment? That's your payment market. OK. What do you mean? Like payment? Say it's a payment. OK. OK. And then, like, when I did research, the car can rent out from, like, anywhere from, like,$60 to$90 a day. Okay. And then they have.

1:05:33Draw your business plan. Okay. Okay. Okay. Okay. Okay. So, what? $60 to$90 a day. Okay. I also. Okay. I also did this math a long time ago because, like, anyways. But. $60 to$90 a day for the lifetime of the entire car? Yeah. Or will it go down as the car gets older and there are newer cars on the two-row market? It will go down as they get older. Oh, that's interesting. Yet, conveniently, your interest rate and minimum monthly payment stays the same. Right. As also the value of the resale of your car goes down. Yeah. Please, continue. No, that's okay. No, continue. Well, okay. Talking to the mic as well.

1:06:15But, like, I mean, if I can rent it out, at least. If you can, that's a good if. But I'm in a good spot. Good spot. Near an airport. I don't think so. Yeah. Oh, basically. Like to rent it. Sure. So it's been a year. Go on. What has happened? Show me. Okay. Show me. There's another thing. Different color. Show me what was the reality. So we have that. The blue was your hope. Pink is reality. Okay. So my reality was I got the car like what? Eight months ago, I guess. I can't. You can't list on Turo until you're 21. And I just turned 21 in December. So I had to. You did a deep dive research and you were.

1:06:54smart enough to not look at the minimum requirements necessary for the thing you wanted to do to be fair i was in the process of listing the car with them give you a to be fair for missing an age requirement for no i was in the process of listing it for a while and that was the very last thing that they said to me they didn't even ask my age in there as you research something you usually learn what you have to be to qualify for it that's what i do when i research if I want to do something. Yeah. I guess I didn't really realize that would be fun. Okay, so when did you turn 21? December. Good. So it's been a couple months.

1:07:30Two months, yeah. What's happened? Well... In the pink new reality. Show me what's happened. Oh my gosh. Go on. I want to follow your business plan here. Please, tell me. So there was a few... Oh, so the business plan is...

1:07:46Huh? So that's what's happened. so in reality this there we go there's your grand thing that you're spending 560 dollars a month why the f*** did you hold on to this car and not sell it I don't know I guess just I was like too I know it's gonna sound were you gonna say scared scared to sell because I know I'm obviously gonna be at a loss so it's like yeah so make your loss worse then What? Well, I'm hoping I can get to the point where it actually makes money. You're not on there yet, and you've been 21 for almost three months. Yeah, but I've been dealing with a lot of other stuff, like readjusting to the new work schedule and living with my mom.

1:08:31The car was like... What excuses? Are people incapable of doing things in life these days? My gosh. The amount of stuff that literally all of us go through. I get it. Breakups, moves, readjustings, new jobs, firings, hirings, whatever. the f*** it might be. We all do what is required and you have this stupid f***ing thing and you are doing nothing with it? Well, I drive it. Like, it's not like just sitting there. You drive it. This is your daily driver. Not my daily driver. Then why the f*** are you driving it and putting wear and tear on it? Well, like, you have to run it otherwise it's gonna like...

1:09:07I guess but how often are you driving it? Like, once a week, like, to keep it like in good shape and everything but not like I'm not like taking it on joyrides or anything. just like keeping it in good maintenance but anyways so like i guess the thought behind it was again this is when i understood the thought you drew it out it was guess what it was when i was didn't happen so i guess the thought was that like maybe you wouldn't like or maybe i wouldn't make all the money back but like if i'm also using it and the time that it's not being rented out then like you're kind of getting double value how did that work out i want to give you free money right now.

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1:10:16You can also sign up for our investing program and get$100 in cash deposited into your Moo Moo account. This is the best way to learn what your investing profile looks like and what investing strategies to use based on that. All of this free money is linked in the resources section of the description below. So don't pass up the free money because I'll punch you. Well, obviously, there we go. So I don't give a what you thought. What you thought was done don't do it again this is so stupid well i'm just explaining how we got here that's just how we got here all right i wouldn't make that same choice now inherently i don't know about that oh but is this a different car yeah this is a different car loan that's my daily so i got that one first and then i got the other one after this i got that one when i was 19 19 you fucking get a 72 month loan at 9 15 for a 2023 honda which was a new car at that time 19 a brand new car at 19 what the are you well that's the dumbest thing i've ever heard in my life oh i mean i've kept it in really good shape i don't give a it's dumb it is a 72 month another$577 a month payment.

1:11:32That's crazy. Your minimum payments are disgusting. $27 ,074 loan. And your pay goes up and down and up and down is dependent on tips. And it is owed$17 ,565. Sorry, that's what it's worth. You owe$27 ,000. So you're dramatically underwater. What was the value of the spider? Did we have it? Oh, we can't get the value. Doubt it's worth the$30 ,000 you owe on it, though. What is the interest on this? It's like, I think, 7 % or 7.5 % maybe. So not good. Barely keeping up with the market anyway. And then if you can calculate in the depreciation and the car insurance and all that bulls***. But to be fair.

1:12:18To be fair. There's going to be a to be fair. Hey, how does this tie to the X? Let's find out. No, this isn't the X, actually. The X made me get this. No, he didn't. So this is so I had before this, I had a Jeep Renegade. And so it was financed on my dad's name. OK, like my dad. It was my dad's loan, but I paid for it. If that means like I paid him. But it was in his name. OK. And it was my car. So I traded that in. And so I was having a lot of issues with it. Like there was like oil consumption issues and like my engine would shut off. OK. Did you figure out what was wrong with it? Yeah, like I went to do a recall test and they said like it was nothing.

1:12:51But like I kept having the issue. Recall test? like they do like an oil test to like see how much oil leaks and like blah blah but they said it didn't leak enough something else then well like maybe but then like my engine started slipping and whatnot so and i transmission yeah yeah the transmission that's what i meant i'm sorry oh i'm not a car person well okay so um says the lady with 57 000 hours in car loans at 21 One of them being a stupid spider that only p***ed drive. It's a fun car. Yeah, but it's always divorced dads. I guess I'm a divorced dad. At least in Austin. Then they just drive around.

1:13:33You're having a nice little sip of coffee outside at like a bakery or something. Then they drive by with really loud music and neon lights hoping everyone stares at them because that's the most attention they'll ever get in their entire life. That's what the people who drive this car are. Mine's discreet. It's all black. but um okay so the renegade um so it was like it was giving me a lot it was giving me a lot of issues and like yeah and you couldn't figure out why well yeah you wouldn't take it somewhere like my well like my dad used to help me with all my car stuff and then like i didn't know my dad anymore he used to be but like now he does like other work but so anyways it just got like hard to like have him do that and it got like obviously expensive to a mechanic yeah but i like okay i've i still owed like 13 000 on this car well your dad did but yeah well yeah but like so it was like a lot of issues for a car that like but you find out what the issue is and whatever the issue is and what the repair cost is we determine if it's worth it or not at that point that doesn't I mean, we go get a$35 ,000 new car at a nearly 8 % interest rate with a minimum payment we could barely afford at 19 years old.

1:14:46That is the dumbest thing ever. Well, the thought was that it would cost me less in the long run not having to constantly pay for repairs and stuff. Long run? That long run is 72 months at interest in 8 % with a depreciating asset. What the f*** are you talking about? There's no defensible thing here. Listen, if the expense for a 12 ,000 hour loan on the car was an additional 12 ,000 hours, I'd be like, yeah, we're getting rid of that. But then we're going and getting the used car that we are getting certified by like multiple mechanics before we purchase it. Instead, you went and got a$35 ,000 car at 19.

1:15:18Yeah. Objectively stupid. Yeah, but I don't. Yeah, but. I guess I was like, at that time, I wasn't like paying rent or anything. So like I was like, I could have. Yeah, but life changes. How did your parents not, did you, did anyone try to talk you out of this? No. Oh my. Oh, geez. You don't have anyone in your corner. That's reasonable. No wonder you talk like the way you do. I didn't like tell them a lot of it. I just kind of did it. Obviously. But. Yeah. Anyways. Well, actually my dad knew cause he signed the Jeep over, but like, I also didn't really I kind of just The fact that you still think it's okay Is moronic More f***ing ronic More f***ing ronic Because that means you're going to do it again You're going to do something just as stupid again It wasn't the best decision ever But like When you think about With my jeep I was paying like$3.50 a month You don't have one good debt You don't have one f***ing good debt And yes, your mid-monthly payments can be higher on a small loan Because you have a shorter term A 72-month term is not a good thing It means you are paying interest for longer Meaning you are paying even longer Well, it wasn't just that My insurance was higher too My insurance dropped like$200 That part's good, but again You're still losing more money over time here Yeah, but like to spend$300 Shut the f*** up I have a city card I have a f***ing city furnishers card Probably to furnish the apartment That our ex-boyfriend forced us to get Yeah Oh, there it is.

1:17:00Okay. Well, it's not like forced, but it's like he definitely fully set out that expectation that he would cover his half of stuff. Facebook Marketplace! What is wrong with you people? You were 20. You were like 19. I used furniture. My gosh. I thought that we were going to actually buy a house at some point. I make really good money. I'm going to let you know on that fact, and I could retire today if I wanted to. It's a very nice position to be in 80 of the furniture in my house was used i mean we had used furniture too it was really just the couch and our bedroom so six thousand five hundred forty six dollars owed on here okay with the two hundred fifteen dollar ninety nine cent minimum payment that is insane even if you're getting a set you're getting a cheap little bedroom set yeah but it was like a couple thousand this is six thousand you then you guys shouldn't have got a huge house What kind of excuse is that?

1:17:59Listen, you got... Well,$24 is actually owed... It is subject to interest rate. What? $24 is subject to interest rate. I'd pay that off now before that. How is it 20? Is it like the tax? I don't know. Maybe you purchased$24 on there. No, I didn't know you purchased on there. But the rest is deferred until 2027. So that's why I'm not paying interest on it. I get that. It's still debt you have. You don't have one good piece of debt. I know, but at least I'm not paying interest on it. Do you have another one? It was the mattress. A mattress firm. Yeah. You're fucking kidding me, dude. This is insane.

1:18:33Okay, so this was like another thing. Oh, and you have a Best Buy card that I don't even have? Oh, it's not me? I'll have you pull that up on your phone. Oh, I couldn't. I haven't been able to like get in the app. It's all just like set on auto pay. What's the best? Okay, mattress firm first. Oh, my gosh. $827.08. Minimumancy payment,$30. again this is an interest free thing right now a deferred interest though and only for the next like five months yeah you have to pay this off in five months the mattress from you are not making the minimum payments required in order to pay it off in five months you're only paying the literal minimum payment what the f*** are you doing well yeah i know i'll have like 500 left at the end or something like that you need to pay yeah but this no no no no no no no deferred interest is accruing Meaning if you do not pay it off by then All the interest that Well that's okay so I apologize That's what I mean By the time that You're going to allow literally Hundreds of dollars of interest Then it won't But you're not What are you talking about Because I'm trying to focus on the higher interest ones right now And then pay that off But you should at least make your minimum due that's required To pay this off in time Which would be$166 a month So why do they make it like, oh, because they want to make money off of you.

1:19:58Are you serious? Yeah, but that's just like the way you're doing. It takes seven years to pay off. Okay. So stupid. So what's on your best buy card? That was a washer and dryer for the house. What's owed on it? Oh, it's like, how'd you not get a use? What's your dryer? You f***ing 19 when you got this. Oh, I wouldn't. Were you spoiled? Because you're acting like you have to have all this nice new stuff. No, definitely not. This is crazy. You literally could have even rented a washer and dryer temporarily until you figured out a better situation. I did when I moved down here, and it was worth it.

1:20:33I'm saying. Okay, how much do you owe on the Best Buy damn card? It's like$1 ,500. Minimum monthly? It's like$55. Stacking so much. like$55 like doesn't seem like a lot at the time where is all this stuff is it in storage it's all in storage right now sell it sell it Facebook marketplace literally I'm gonna get like half my money yep and you'll put it towards the debt and that'll be halfway towards paying off that debt that's crazy it is well no like it makes sense you have like a 27 % interest rate on a f***ing card that you can't pay off on it I think it's crazy to have a washer and dryer sitting there that's not being used.

1:21:19That's in a storage unit that is accruing 27 % interest against you. Shut up. That doesn't make any sense. I get it, but it's like everything's a loss. Yes, everything is a loss when you're dumb. And you were dumb with your money. You were dumb with your money. That happens. Now we're doing the fixing part. You don't have to continue being dumb. That is the main thing that I'm trying to get through here. Notice of intention to impose claim on security deposit Yeah So that was from the move out $5 ,745 ,000 Yeah That's what they charged us to break our Which one this last place Have you paid it Oh what the Why I don't know what to do with that one You pay it My ex is supposed to pay half of it And he's not Well I'll f***ing bring that up to him in the post show I will I'll confront him Okay so it's not the full $5 ,000 because they're taking my security deposit So it's the$3 ,000 But still then if I pay that Then I pay the whole thing Ah You know what I mean No this is stupid what a stupid thing Listen I get that The cheating thing and the breakups Well I actually I was trying to stay there Especially because I had all the furniture and stuff I tried to make it work but I couldn't find like first off there was the issues with the lease because he was on it so I couldn't just like kick him out I would have had to like go through all that yeah maybe it's worth going through all that well I tried and?

1:22:52and he didn't want to do that what the fuck is wrong with this guy? would he agree? when I talk to him will he agree? because right now it's been very anti him I did say like one of the first times we broke up that I had like a roommate lined up already and that's why he didn't want to leave because like because you had a roommate yeah because like what i think because like he knew i had a plan already figured out so like he didn't want to leave did you guys break up with desperate like animosity towards each other no what the f is happening so you owe 3 375 hopefully he pays half oh that's just like another oh my gosh there's still so decent amount of paper left please be done with the debt uh i think that is done at the debt i think so are we done with the debt uh yeah oh thank yeah that is insane it's definitely a lot um people don't realize that when they watch it live here in the moment this is very stressful yeah very very real sit down with a therapist you gotta deal with some dude with all this three free sessions with sondermine it's the same people i use the same people the audience uses you get three free sessions and i'll gift you a course career certification as well because obviously with your associates in business you're not doing anything with it so you can figure out a path you want to go down and get a certification for it to help you uh 762 in checking account same amount went in is out okay oh yeah it's just cash being put in from oh good more jersey mics yeah the thing we're confused about other you've done twice now to be fair well i know i keep saying that but win dixie liquor oh plugging it up you crossfading great that actually was for me after you got up here to go get all my your mcdonald's and then you walk yourself up with some duncan great then new zeld out 20 bucks time okay 413 down huh huh what what i'm just trying to what it's just moving money back and forth yeah that's yeah and then 2000 year savings okay yeah which it like i said it was like almost you you what you what you what oh the city bank yeah that's the best buy i thought you had another debt i almost just died i almost literally just died i was about to just no okay so you probably need like five thousand dollars let's just say additional saved up to your basic starting emergency fund in order to get this place when you're forced to move out if we have to do first month last month security deposit especially with your break you know see like if i'm gonna get into my own place in a few months like i'm gonna want all my stuff i must have i know like you know you know what i mean yeah but even renting a thing and then getting a used system wouldn't would be worth it compared to the interest that is occurring on the best buy card what's in total income what are you saying 4500 what i was like it's what it's not occurring interest what is it or the best buy card i don't know you didn't give it to me i'm assuming it was no that one also has a deferred until until july i know it's only like six more months but or it might be longer but i'm gonna assume shorter because that's why like that's why i did it because they had some type of promotion so in my head so until july so you got like three payments until a deferred interest hits let's call it four shit shit so 1500 divided by four so you need to make 375 to it before the Deferred interest hits.

1:26:39That's crazy. $375 a month. My entire life. Okay. Let's calculate your minimum. My entire life. Why do you do this yourself? Well. What? What possibly? Well, like I said, this was all like. What possibly? This all built up in like our. What possibly? The whole last three years. So. And now I just feel like now I'm trying to like. What possibly? Get a fresh start and you know. All that. All that good stuff. Okay. Yeah. Your minimum payments are$1 ,941.48. Nothing. No. Not one good debt. Your rent is$500. That's all. No utilities. No internet. Nothing like that. Right? I'm paying for my phone. $100.

1:27:25It's like$100 a month. Yeah. Why don't you do helium? Do you owe on your phone? Yeah. We'll do that. Because it was a Verizon. Gas, vroom, vroom, drive, drive. How much? Maybe like 50 a week. Okay, 200. Car insurances. How much?

1:27:45It's under 220. For both? Yeah. Because the Slingshot's a motorcycle, so it's like 50 a month. It's technically a motorcycle? So that saves me a lot. It really is divorced, Dad. Okay. Necessary food. How does food work in your house? I really, every once in a while. How does food work in your house? Like my mom grocery shops, but I usually don't eat at home. For you? Where do you eat? At work a lot because I work nights and I work like almost everything. What do you eat there? Like grilled chicken, salad. Is that food you prepared? No, like they cook it. Like I don't have to pay for it. They cook it?

1:28:17Yeah. Okay. Like they supply, like they'll feed me when I work. Yeah, you get a free meal at your restaurant job. And you only eat one meal a day? Well, like obviously you saw I was getting a lot of Dunkin', but. Okay, you don't need the full 300. I'm going to give you$150. Yeah. For teepee fun This is nails This is tampons This is whatever else you need This is makeup It's literally anything else you need $100 And if there's extra there You can put it for fun Medical healthcare Anything on a monthly basis So I actually just got set up With an allergist again So I get like I have like chronic hives So I'm like allergic to myself Don't do that Yeah well I'm a little late So I have to start getting Allergy shots And I'm not exactly sure How much it's gonna be yet What do you think?

1:29:00I think it's a$35 copay Every time I go Assuming I don't have to pay for the shot. How often? Once every three weeks. Okay, so we're going to do like $35 a month then. Okay. You have a pet? Two cats. Ages and health? One's like three, one's like two. Health? Very healthy. Okay, get pet insurance. No way you're going to be able to afford to take care of them if something bad happens. $70 a month, we'll call it. Might be more. Whatever. Depends on what you shop for. Depends on their health. Okay. And breed and blah, blah, blah, blah, blah, blah, blah, blah. Cat food, how much? Probably about 50 a month Anything else that needs to be in your budget That I have not put in Yes How much So Cause I have a storage unit for the slingshot How much I'm trying to think cause I have a few It's probably about Like 400 Between two three units It doubles your rent Yeah So that's why like I'm saying Like I thought my situation would be better ending my lease.

1:30:05And then it was like all this just like kind of added up. So it feels like almost the same as paying rent. Or like a full rent, you know. Oh, you still have money left over. You make$4 ,500 a month net. You, with the minimum fee payments, you have, well, with everything required,$3 ,766 is required. meaning you have an extra 700 we'll call it 700 with 33 dollars a wiggle room which i mean that's being conservative so 700 left on a monthly basis now what that does for what it's worth it gets rid of the best buy card and it gets rid of the mattress firm okay so those are paid off before the interest hits okay okay All right.

1:30:54With what is left.

1:31:00Lots of mm-hmm. They're definitely an mm-hmm girl. Well, listen. I mean. Listen. It was just rough for sure. Interesting. That house like sucked all the money out of me. Literally.

1:31:20and we had dogs and stuff which made everything way more expensive why well that was like that was like part of it like um he financed two dogs why does it make it more expensive for you well i was paying for all the food and like all the yeah he sounds like a man okay so after those are paid off i mean this is because this is still brutal without you even getting a new rent takes 110 months to pay off without you spending any money on fun that is a decade of progress that's a decade especially and then once you get your emergency fund that's probably a full decade so that's obviously crazy i don't know what you're gonna do when you have to go get your own place as well you're not in a cheap area by any means not even close no i think you i think it's time to start thinking career-wise you're already making 55 net though and that is not bad.

1:32:16Yeah. But it's also, I mean, it's not where I want to be. It's not where you want to be, obviously, but you're going to start. I have to pay my bills. You've got to pay your bills, but when you go into a career track, you're likely going to start either there or even below as you try to work your way up. And as you get into rent with your storage unit, your mom's rent combined, it's going to be like, that's$900, so you're probably paying a couple hundred dollars more than that. It brings you down to maybe$500 left over. That's going to extend this progress to like a 13, 14-year progress. this might be a bankruptcy situation no way already well you're stupid with the car I would sell the cars both of them the spider at a minimum and I would try to sell everything in your storage unit and start with scrappy used furniture so I'd sell everything you can and throw it at your smallest debts to your highest debts sell the spider throw the money you get towards it and still continue to pay off that debt that's what you're going to have to do that's the only way out of this is you got to start like liquidating the assets that you've collected out of the dump because this is not working all your furniture your washer dryer even although all the stuff is financed you need to sell it all the spider sell the spider even your own car maybe not because of the equity position you have in there is not great right where whatever move maneuver we're gonna we're gonna do doesn't necessarily mathematically make sense um this is a brutal situation you're just gonna have to grind it out we're gonna have to work a second job and that's gonna speed up the process if you can put you know 1400 bucks a month to it that pays it off in five years and that's still crazy and that's not incorporating any kind of rent you just need to liquidate your assets and throw it all towards them and if that doesn't work bankruptcy might be the option and then you might be able to start fresh at like 28 but right now you're not starting fresh until like 31.

1:34:07Which is insane. Okay, this is a dangerous tale for everyone watching and for you. We'll walk with you through the process, but it's going to either you be working 80 hours a week, somehow landing a much higher paying career, which I mean, good luck. You don't just land that. You should work your way up. Or going through bankruptcy, selling all your assets. paying it off in like five years gosh this is gonna be brutal but that's what i would do i would do one of those options spending your budget you technically spend within your budget but you had a high earning month and none of it was going to make the debt even better but you did make it within it's three out of ten debt i mean this debt is beyond horrendous with the apartment debt and everything zero out of ten that's so bad emergency fund you had two thousand yeah i would maybe i'd Do you know I'd save the 2000?

1:35:04We don't want to throw it towards us. OK, but two out of 10 retirement. Nothing's zero out of 10 real estate. Nothing's zero out of 10. OK.

1:35:15I know. I know. But I mean, do you think there's any way like possible if the spider like were to be listed and make money? Like, do you think there's any way that that could like outweigh the like negative equity? like if i get it like it's gonna depreciate it's gonna depreciate is like i don't know you you can try it try it for a couple months if it doesn't if it doesn't work after that then liquidate yeah try it for a couple months but because i mean if it at least covers the payment that would at least give me a little cushion for a while a little bit you know a little bit but we'll see it has to also cover the insurance whatever wear and tears on it because remember you're going to be losing value oh that's another end up liquidating it it's going to be worth less because of all the miles.

1:35:56I have a service plan included in with the financing of the slingshot. So all the service. Everything you need to check that for sure. Hammer financial score 0.5 out of 10. We're about to call the ex-boyfriend and confront him. It's going to be interesting so make sure you join the post show below. Make sure you check out our new real estate class which just launched. It's at a substantial discount because it just launched. Make sure you download the Simpler Budget app. Check out that free trial. And if you really want that signed notebook mailed to you. I'll do it. Just sign up for the annual.

1:36:26Love you. See you in the post show. Can we call him? We can, yeah. I've seen so many of your videos. I've like literally thought about it. Thanks for being a fan. Why are you a cheating piece of s***? Um... This is your chance. What's your side of the story here? Uh... S***. You f***ing liar. No, I swear this is what I deal with. No, you lied. Me? Yeah, because the Tinder notification just popped up. Listen. Oh, and then baby the day before. You called him Pookie! Wow! Pookie! Pookie! To watch the Financial Audit post show, click the join button below.