This $400,000 Debt Will End Financial Audit

48:49You're 50 Yes Why are you in debt for TikTok shop Because if I can pay it out It just is better I just want to pay it out What is pay it out Like pay it out over time You can't your minimum payments are stacked up Everything is so stacked Pay out over time is worse for you TikTok shop? That's for brain right young. What are you doing on TikTok? I can be on TikTok. Stop. Why write your brain? I need TikTok. Just for brainless scrolling. Clearly brainless. Oh, good. But you're on there spending money. Not that much. Girl, you're affirming it. This isn't even a firm. It is. You're affirming it. But that's for lots of different things.

49:42But TikTok shop is some of it. It is some of it. $282 ,000 in minimum monthly payments for a firm. You can't have a reasonable minimum monthly payment to save your life. I cannot disagree. Yet you do it. I don't know if the behavior, the change in your behavior is such a monumental shift that would be required to get you out of this. That is a bigger shift than I've ever seen. plus so matured in life it's different than a 25 year old changing what he's been doing for the last seven years you're doing this what you've been doing the last multiple multiple multiple decades you're right i like i don't know how you're gonna i can do it i can do it okay i don't want to bring down the room but with what optimism there is nothing to suggest that you possibly can I would love to hear why because I it's a new oh good it's a new time all right

50:49we all know that just like end of year you know new year's goals always work people definitely don't fall off in the first month I'm gonna have to calculate all the affirm stuff in the end because this is so much we have 1840 orthopedic bull bull Amazon you Amazon what are you buying on Amazon I don't know that's the bad part is that let me see your phone let me see that Amazon app let me see let me take a little sneaky sneaky he's got it okay so total of firm balances which I'm gonna kill myself from I think it's the 1840 that's up there that wasn't it's 18 40 19 and the minimum payment is what 282 absolutely ruined my entire life and you're gonna keep growing it you're gonna keep growing it so this is gonna become bigger let's see clarna oh good clarna we're getting them all we're getting them all i swear who knew there were i swear if i just had no morals or emotions i swear should have just started a company like this, anyone will sign up for them.

52:00Anyone can start one of these companies today because anyone will sign up with them. The moment you're out of these little microloans that you're able to take out, you will find the next one. There's an infinite loop of these. Just start one, put a predatory interest rate on it. Gosh, billionaire overnight. Everyone will just borrow endless money. But it's disgusting. I would never offer. This is crazy. internet's not working i don't think so i don't know if it's i'll get you on wi-fi okay i thought i was on there oh my gosh you're on snapchat too i'm yes impressed and terrified am as on can i do a screen recording we'll bleep anything private yeah oh my you're getting and you're getting a million emails i'm putting it on sleep mode i had it on do not disturb but oh my gosh you're getting like 50 like things that wear to your body what are they i don't even know for a wedding that's coming up what you have to have three no i'm gonna send back the ones that don't work i got underwear and power strips and under dust things multiple dresses a teapot very needed to survive dog bark deterrent yes you haven't met my daughter's dog your daughter's dog this isn't even like just a horrendous neighbor that doesn't know how to control their dogs no this is my daughter how does this impact you stop I know is it just barking all day every day he barks a lot a lot Chowini Oh, gross.

53:48No, I love them and probably give them a lot of pets, but you're right. They do just bark. I can picture it. More dox and then, yeah. Just picture the root powder extract. Not trying to out your whole existence right now. You get so many things to wear. You're wearing everything. But I get a lot and then I send it back. Okay, well, a lot of these were. I kept the one dressed. I mean, some of these are in August and I didn't see anything returned yet. No? I saw one thing returned. It was a book. Oh. you also get

54:20holy hold on son close your ears what are we doing in here what's going on looks like I have some books to read what are we learning about it's for one of the classes that I'm in at church Christopher Yon what are you writing about you naughty little guy no it's not that kind of book it's a jesus book the word is in the title it is but it's also got holy in there so where do you think you're not that's what it's for though it really is it's for a class i am addicted to books okay libraries yes you live in a large town yeah you just you get books and you get clothes and it's books and clothes and books and clothes books and clothes um so yeah maybe we're not doing all that because you got libraries you got things i actually live just a mile from the library all right y 'all it's no secret gas prices groceries eating out it's all costing us more than it should but if you're like me you're tired of overpaying for essentials and that's where the sponsor of today's episode upside comes in you know those things we do every week, even every day for some of us?

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57:44I think some of them are paid off. They just list them all there. But Nike, yes. That was the most recent one. What's the minimum for Klarna? So it must be 310. You must be close to paying off other things really quickly. Ah, okay. Balance is on there. Some of your balance is in collections? Of what? An emergency visit? What is that? An emergency visit medical pill. Why? Why not pay? You make so much money. I have no idea why you're taking out bad debt for things and allowing things to go into collections. If we're doing smart leverage, I understand some things, but you make way too much money to be in 35 % debt for stupid things.

58:25and allowing things to go in collections. Yeah. When I get a house, you're not going to do that with collections. Right. So what? Why was this not paid? It's only$1 ,471, which is a lot of money. But again, you make a lot of money. Because I'm paying the minimum on everything else. That you chose to get into. None of this has been just for... The IRS exists because you went out and spent a bunch of money you don't have on fun. The moving things exist because you didn't have any merch. You're going to because you're spending all your money on fun. All that other stuff was just spending money on things you didn't need.

58:54furniture and fun and fun and fun and uber eats all that type of even when you get a reimbursement you then just go and spend it instead of putting it back in your cart so the only reason you have those minimum payments that mean you can't afford this so you guys are spending all your money on fun for someone who spends so much money on fun you think i would have more fun you probably have a ton of fun you don't know what it's like on the other side to not have the fun no because you're just living life dude it just doesn't feel like it well well do you probably just have an endless like cap you know you get used to every life you're living in after what like six months or so no matter what life you're living you get used to it no matter how bad and good it is it just becomes normal so you're always going to be chasing that extra high that extra fun i want my next high to be not having to i want it to be retirement yeah oh my good death this isn't people statistically some people yes a decent amount of people hold student loans into their 50s but you have so much and you're just a consultant consultant's a great job but i'm just mean like you're not a doctor or lawyer what's your degree um i have a master's and i have a bachelor so bachelor of arts master of jurisprudence from of what jurisprudence from loyola law okay so it is in the world of law it is but uh but those are those are not all just mine um when i was married the first time we consolidated our student loan debt oh good dad and of course he's on it and you're on it yes who's not making the payment then because there's two sets of student loans in here and guess what they're past due yes one of them is um both well you may have corrected one but at the time of this both oh i thought just nail net the other both of your nail nets oh there's a nail net and a sloan right yeah but yeah no Well, because they made them, they made Nelnet sell them.

1:00:48So they have personal, they have private. And, but yes. So part of that is my ex-husband's. And part of it is some that I took out for my daughter. Oh, for your daughter parent plus? Yes. For one semester.

1:01:04You know, I am either pro or anti, just depending on whatever. Was she working? Her, I think it was her senior year. And was she working? She was working some, yeah. she was she couldn't qualify for student loans she got one student loan she and that was the cap and that's just what she got she if she was gonna have to get student loans she wasn't gonna finish she because they saw she didn't want to get her own student loans oh my god then that doesn't mean you take out student loans you need she needs to eat some for a bit she really does she needs to learn what just what it you need to actually put into this world to get some like that's what's going to make her become a decent person in the world of all these economics yeah yeah so that's why the the student loans are crazy and i didn't know the one was behind until i went to print this out because they had been in forbearance and all the things from i i don't know because one of them's in forbearance because i'm waiting on the separation so they are going to let us separate consolidated loans that's coming up they're supposed to be passing that law so they regular minimum monthly payment on this alone was 858 but guess what we're past due by two yeah that's the one that my first husband pays half so half of that is his and half of and is he paying are you not paying where's the issue no it's both of us because i didn't know until i printed this out i didn't know about you know what do you mean they announced last fall 2023 that student loans were starting again no but they were still in still in forbearance because of the separating the spousal consolidation okay for how long i thought they were still and that's when they separated it so how i have two nail nuts one of them you can see it doesn't start until september 2025 and then the other ones this one's due well in 13 days the next payment yep so okay and i I don't know the interest rates.

1:02:58I didn't get that page. I think they're in the six to eight. Oh, to eight? I think. It's not even the good versions. Mine are in the threes. And I have now that. Wow. $134 ,621.62. We got official word from the daughter, by the way. We're going to give her a call in the post show because this one's already running long. and I legitimately don't know if we're halfway through the paperwork. So we're going to give the daughter a call on the pro show. She wasn't able to make it into the studio, but I'm going to give her the real deal. She can accept it or not, but she needs to. 99 cents. And then I need you to actually stick to it and not give in to wham-wham cry, daughter, or emotions and all those good things.

1:03:49And it's never even like that with her. She doesn't call and say, it's not even her calling saying, can I have some money? Sometimes. Sometimes it's that. But sometimes it's just, well, I don't have money for this or I don't have money for that. So in her defense, it's not always her asking. Sometimes I just take that step. Nope, nope, nope, nope, nope, nope, nope, nope, nope, nope, nope is the new rule. Okay. Next on that. What the? what are you talking about wait is this just an old statement it says current due was in March of 2022 says current statement due date in March 2022. I consolidated them.

1:04:30Like I had a bunch of separate ones and we consolidated them. Do we even know what's happening? I'm still trying to figure that one out. That is the one that is showing now that it's in forbearance due to spousal debt separation. Oh, is that why the due date's later? Yeah, they're two separate accounts. One's federal and one's private. You have current amount dues. But it doesn't say, does it say current amount due? Yeah,$1 ,164. With a regular monthly payment of$582. Does it show past due? Yeah,$582. Okay, then I don't know about that one. My dude, what are we doing? Yeah. My absolute dude. I might, I'm going to send you to probably the advisors at Domain Money that we work with.

1:05:17It's going to take hours just to get knowledge in your situation. something that this show is good for many things. For something as extensive as this, we just simply don't have the time. My employees are going to want to go home around at least five to six. At this rate, we're going to be here till eight. There's a lot. The people over at Domain Money are great. They're great. Okay. We have their information in the description if you want to check them out first, but we can get you connected. Okay. I actually went through their whole process myself just out of curiosity and seeing what they thought about my situation.

1:05:50so okay okay so student one student two so this one's at 82 000 no no wait hold on actually this might be the same because this was the statement date of february 29 2024 did you send us an old statement as well that was the last statement that i had from nail net for the sloan because it's in forbearance so this is just an old statement and now it's in forbearance okay so 82 ,298 on this one but it's probably in forbearance this other one is live and up to date the first one we talked about okay venmo you owe money to venmo you have a venmo card venmo card you have every millennial and gen z product like you should be a paypal girlie yeah yeah um and that one's a business card too it's in the it's in i need to take google away from you you cannot have access to please get me debt because that's just all you do all day you wake up that's the first thing you type into your phone you're just like if you don't if you don't type that in you have to you have to like go into shock or something maybe take out a jet every day save your life because for benmo you have six thousand three hundred sixty four dollars and seventy seven cents this is insane how much did you actually have you have three hundred ninety six dollars of debt and none are an asset as far as i think because the least you don't even own oh my it's almost a half a million dollars in just death oh my good are you oh no this is i I want a path forward.

1:07:37I just don't know if we'll have it. $209. This is your minimum payment. 26.47 % interest rate. Wayfair. Why are we Wayfair? We have a Wayfair. Wayfair. Wayfair. Wayfair. There's shit.

1:07:58Wayfair. You really need every death that exists. Every death that exists. good good death good death oh it at least looks like this one's paid off usually usually so i'm not it's not huh what's the what's the balance what's the date oh good death i don't know i had purchases 131 um well i i went to chicago recently okay and uh notorious going to that town um i used that card for some things. How many of some things? It's only a thousand dollar limit so I know it wasn't more than that. So it's at a thousand? No, no. It was probably a five or six hundred dollars. Okay, six hundred dollars for Wayfair.

1:08:43Kill me now. It's at a$29 minimum monthly payment on here. It's probably higher now. I'm going to put 50. Good. Good. Jeez. Fees and interest this year so far so yeah, you don't always pay it off and it's 32 % interest. Home Depot! We're all suspending. You seem to be on 0 % plans here, but we have fees. Okay. $752.77. The minimum monthly payment of$29.75. Home Depot purchase$27. Seasonal garden. Great. We got a plant. We've had interest accruing. Hold on. Oh, okay. The interest... Deferred. do you even know what's happening on here yes what the deferred interest uh-huh and if i don't pay it off within a certain amount of time then all the interest is going to come up front or they're going to is going to come due yes i've got a couple like that i just don't understand why you do this to yourself expiration date oh in like three months

1:09:52okay barclays more purchases 118 dollars of purchases 13 dollars of interest accruing oh what thick stack week or whatever we're calling it is just this sucks man but the reality is who gives a shit about me going through paperwork this is like your actual life in i just i can't i how do you sleep uh do you sleep well no i don't stress yes stress worry all the things i i'm after going through what we went through when my uh husband's mom died she had none it was like this and i don't i don't want my kids to go through that like i don't want to leave a mess for them how's your health good do you smoke no good lad it's a rarity for this show unfortunately 538 dollars to 72 cents is owed on here purchases interest 25 29 minimum payment two years to pay off the way you're doing it local table you went to a restaurant yeah 118 dollars at a restaurant just it's like we don't care we don't give a if you actually want that for your kids and put in some work it's time to grow up amazon great 926.22 minimum repayment 35 on these barclay cards what they do every month is they'll lower the credit limit which i get that what they're doing but they're just screwing my credit score even worse i don't give a fuck by doing that but every month they lower it by like 25 or 50 that's probably good for you yeah it's probably not a bad thing you you don't know how to spend you don't we also might connect you with the people at relief app as well to see what they can get for any kind of debt negotiation it's another one of our partner uh partners in our resources section it's like because you that might be your only option it's like either we have debt negotiation we have bankruptcy or we're just yeah what are your thoughts on bankruptcy i i don't know if that's where we are but what are your thoughts on it four hundred thousand dollars of bad debt without any assets as far as I know yet.

1:12:08What are your thoughts on bankruptcy? Well, a lot of that too would be student loans, so we couldn't put that through bankruptcy anyway. You're right. Right? The chances, it's so minimal. Yeah. So, I mean, I don't have a problem with it. My credit's already, you know, screwed. If I'm going to buy a house, it's going to be several years from now. So if I got to do that, but if I can pay it off, if I can figure out a way to pay it off, then let's do it. You have a carnival card. Like the cruise ship carnival card. Yes. I've never seen that in my life. And I've had some crazy finances on the show.

1:12:46Yeah. I've had that one for a while. Good. Oh, good. That one's a. It's at$4 ,447.52. minimum monthly payment of$118.61 this is insane this is insane interest charge$73 17 years to pay off

1:13:14$700 in interest this year so far I mean you've easily had over$10 ,000 maybe$15 ,000 of interest accrue across everything this year so far you had to have especially if you equate in the fees with the lease that was baked in from the beginning good death her bnh why do you have a bnh card um for when i started i don't even have a bnh card and this is like the company that should yeah well because it's also for like printers anything that i need like for work they're a few hundred dollars yeah that's what it's for though that's but usually with that one i don't usually pay interest they're almost i think always deferred interest and I do pay that one off at time.

1:13:59Every time? How many times? 35.99 % interest right by the way. No, I mean I don't use it regularly. Plan expires in four months. Are you going to do that? Are you going to be able to pay it all off? It's, yeah. I mean I should be able to. Okay. I'm going to break it down in four. It's fucking like confetti. So you can make$135.75 towards it on a monthly basis. Well, we'll see. I mean I should be able to. so it's required if you're going to do it oh I need to get your son in here on the post show see his assessment on this situation since he's a part of the Ramsey side of things and we need to call your daughter you cannot be sending her any money just because now you can't afford it you're doing her even more of a disservice because you cannot afford it and she's going to have to take care of you so it's like now it's just completely different I mean this is just stacked so beyond Capital One's business $1 ,443.53.

1:15:00Minimum monthly payment of$52. Interest$37. 15 years of payoff. All these take multiple decades. 29.24 % interest rate. $336 of interest accrued. Okay. Back to Capital One again. Capital One OG. $3 ,406.91. minimum monthly payment$116 who please guys if we can start adding up these minimum monthly payments because it's going to take me a year to add at the end $82 of interest accruing

1:15:39interest this year so far at a 28.15 % interest rate let's see$663 the money you just lose you just lose so much money because of your impulsiveness capital one so this is a quick silver Do you have an addiction to Capital One? Is that our new partner? No, it's my bank. $2 ,637.10. $93 minimum payment. $64 of interest accruing. $464 of interest this year so far. 28.15 % interest rate. Carewell? The f*** is a Carewell? Care card. care credit care credit yeah yeah okay so medical stuff why don't you get a payment plan to like the hospital or is this to the insurance was it in to the insurance um no it wasn't to the insurance it's it's been there forever but it was i don't know if the hospital offered it i mean i guess there's always a way to make money three thousand eight hundred thirty nine dollars $12.12 is the balance.

1:16:48$80 of interest accruing. $140 minimum payment. Takes 14 years to pay off. Oh my good. Hold on. There's a promotional balance. Okay. Until paid off. Which has locked you in at 18.9 % interest rate. Oh no. Most of it's at 26.99. Never mind. $941 in interest paid this year so far. $1 ,000 on this alone. Chase Inc. we got one of those oh my well you do it the wrong way yeah 17 217 dollars and 49 cents yeah they'll give you big balances big limits you got a limit of 19 000 we got a limit of i think like 90 i just opened it the other week but we don't uh obviously i'm a credit card person right disciplined but just seeing you with this is like so that scares me yeah they gave me both of those chase cards at around the same time.

1:17:44They're not gave them to me. Obviously, I applied for them, but I was very surprised myself. $562 minimum payment. Interest accruing of$390. I just wanted to wake up today. Wake up. Come into work. Get AC installed in a new room because it just doesn't warm. They couldn't do it. They couldn't do it. They're not going to... He told me I'd hear back by the end of the day to see if they could actually come back because they figured it out. I haven't heard anything. The dogs at the vet. And that's just been chaos. I, uh, lunch. I just ate an apple because I'm trying to survive. I just wanted to go watch the vice presidential debate tonight.

1:18:26Get a little bit of food. Maybe even spoil myself with a massage because it's been a stressful few weeks. You know, maybe these few things and go to the vet visit pair. Oh, I had to do all these things. And we come in here. we come in here we do all this this is stacks of paperwork and we're not what are we two-thirds of the way through maybe maybe two-thirds of the way through hmm what have you done to me you've just you've assaulted me with paper you've destroyed the amazon rainforest now to be fair i didn't destroy the amazon you sent it girl and digital you got in that debt yeah no I'll have to keep from crying but I don't think it's funny interest charges here so far on this card alone 3 ,176 3 ,176 3 ,176 ink

1:19:28this is your version of tattoos the ink card and all the interest accruing on there yeah that's my scary ink it's just like your prison teardrop is all this all right city double cash i love the city double cash city double cash is great of course you're probably not utilizing it correct oh yep correct who would have thought okay balance two thousand six hundred eighty three dollars and forty three cents the minimum monthly payment of a ninety four dollars and eighty one cents six seven of interest is accruing. 17 years to pay off. Interest is here so far? No idea, but probably a ton. I don't have a second page.

1:20:14Catapult? You have things I've never even heard of. The f*** is a catapult? Um, it's more furniture. Catapult it into someone else's house where they give you money for it. Huh? How about we do that? All right, guys, I get it. You need more financial audit. So we've decided now in our membership below, you get two exclusive, see nowhere else, uncensored financial audits every single month. Oh, good. No way. Your couch hopping places I like stay at for the job. You're relying on bookings for a place to live. Yeah. Also, three post shows a week for every financial audit you're seeing right here on YouTube In the post show, we have an extra 20 minutes for every single episode where we go into more drama that we didn't uncover in the original episode.

1:21:06We can't find you on Facebook. Did you block me on Facebook? No. No way. And then included in the membership, every Tuesday, we have a member live stream where you come in, you hang out with us, we answer your questions, and the whole crew gets together. We play games, we mess around, and we chat with you. I have a pair of salmon shorts on that desk where I did a change in two right after this. So you dress like you're smoking for the first time when you go on a date? He's kind of ready for a snack party. Then there's always extra bonus things like, for example, an office tour. The team grew. We have to eat out of here now.

1:21:44So this was going to be the fun area. Now it's not. We upload hours and hours and hours of extra content just for you. and it helps support the growth of this channel and the growth of this business. Join the membership. Link in the description below. So how much is... Are you... Hold on. Which one's catapult? Is this catapult? What are we doing? Oh, I got description number one. And then we skip all the terms. Good, because we don't need to print all that out. $80 weekly payment. $80 weekly payment. A weekly payment of$80.

1:22:27averages out to basically a thousand fifty one dollars a month taking all the weeks in the year it's been an hour and a half no it has yes okay so anywhere from 3039 to 6308 just depending when you pay it off i mean this is crazy crazy crazy crazy crazy crazy crazy because it's at a billion percent interest rate a kohl's card sure throw it in throw it in i two two thousand seven hundred thirty one dollars ninety five dollar minimum payment interest sixty eight dollars that all the interest rates for basically five hundred dollars in interest recruited this year so far a living spaces card Yeah.

1:23:15Because you filled every inch of your house. Well, no, that was the other house. So I'm still paying on it. Furniture that I don't have. With interest? Most of these places are like interest-free cards and shit. Oh, no, they did it. And then all of a sudden I'm over the limit now because all the interest came up. Yep. $162 minimum payment balance of$4 ,402.61. Stop it. Stop it. $17. Sorry, 17 years to pay off. Interest rate of 30%. Probably interest accrued this year so far a million. Who even knows? I don't have the page. Oh, yes, I do. $2 ,000. Yeah. Yeah. The deferred interest payment. So what have we lost?

1:23:58$20 ,000 in interest this year so far? $20 ,000 that you could have had. You could have had. Gone. Oh, my gosh. I just got the number for your minimum monthly payments. And it's a first. has to be a first that it is that high that does not include a mortgage

1:24:20oh that's the same why do i see mercedes-benz that's the lease that's the one we've already went over yes 746 yeah thanks get us there closer nordstrom don't go into a nordstrom you can't afford it it's the anniversary sale i'll copy what this guy's program says the only time you say the inside of a north sum is with your work in there okay okay yeah balance two thousand seventy dollars and ninety six cents entrances accruing fifty six dollars and seventy seven dollars of minimum monthly payments nine years to pay off

1:25:0831.15 % interest rate. Basically$500 interest this year so far. You know, for what it's worth, this is what most people come in here with. This. That's not even a joke.

1:25:30so i came to the right place i don't know i don't know you can help me dude i the s i have faith in you that's not about me it's your situation i yes i can we can get you to cut you cut you cut you cut back all the way we can get you i don't know what we need to figure out your budget at the end where your expenses are who knows if there's things that paypal credit oh what do you owe you just refuse to owe a little bit of money two thousand seven hundred thirty nine dollars always basically at the credit limit minimum payment in ninety seven dollars i'm gonna i want to punch seventy dollars in an instance of interest we've had fees this year almost a thousand dollars in interest this year so far on here alone at a 29.24 % interest rate.

1:26:23A-my-goodness. Q-card? What is the Q-card? Again, brand new cards. I swear, you just sh***** new cards that have never been seen. No, that's QVC. Q-V-C? I'm old. It's obligatory. But you are a generational debt. You have all the new debt and all the old debt. I'm like Lori from Shark Tank. I don't know Going into debt for her Listen 30 years ago I would have gone into debt for her I don't know Lori from Shark Tank That's okay Q card The minimum What am I even saying $1 ,298.13 Is your balance Minimum to pay on a$50 L-O-R-I Lori She's the one that did like Scrub Daddy oh okay she did the scrub daddy deal okay um okay love that show

1:27:2736 hours of interest for crying uh eight years to pay off 32.24 interest rate interest this year so far 233 oh whoa that was the end of the debt unless is there more debts that i have not talked about i think we're missing one oh good what is it um i recently had to do a loan because i had to travel for work you said it gets paid for it does but not ahead of time and then you never pay it off anyway you just spend it on you um anyway so i guess it was like a payday loan is basically what it worked out you are at 50 making 180 so you're taking out a payday loan in what world what tell me i freaked out because i wasn't going to be able to do the trip for them and i was worried i would lose the client so yeah i don't i don't know where that one is what what what is it uh it was 6 800 and with all the interest and everything else it's going to end up costing me like 10 something i owe 4 200 on it currently 128 a day in payments or interest in payments 120 except for on the weekends it's almost $2 ,500 a month.

1:28:45That's just... What's the parents? $4 ,200. But it's going to be much higher? No, no, no. In total paid. You have to pay it. Yeah, you have to pay it. Even if you pay it off early, you couldn't pay it off for cheaper. So, yeah. Yeah. So, I owe$4 ,200 on it. I think I have about 90 days left. Oh, my gosh. Maybe. No, not 90 days. Probably 45 days. You have every loan that has been invented besides the, like, the little shark guy, the loan shark. You have every loan but the loan shark. Unless what's the loan shark loan? You must have one. No, I don't think so. You capture every loan that exists like they're Pokemon.

1:29:37No, I think just the payday loan was the worst one. I'm so scared for you. Yeah. Did we, is that including out in the minimum monthly payments? $2 ,500. It's$128.35 a day except for on weekends. Yep. This is so. What have you done to your life? I'm sorry. I don't mean that as like an insult. I'm like, just like, what have you done? Oh, my gosh. I wonder what he is thinking. Oh, I cannot wait to get a sauce in the post show. If you were my mom, my heart would be, I don't even know. This is almost like tragedy levels. Yeah. I don't even know if you know how bad this is. No, I know. Do you? Look at your spending.

1:30:30We're about to go through your spending. If you knew how bad it was, you're selling money. You're selling money. door dashing jack's flight clubs world market hula car wash chicken and pickle klarna tiktok shopping great academy sports car wash you're gonna do car wash every second of your life baskin robbins amazon amazon agrocom being fetch tiktok shopping amazon and nike and amazon and amazon and nail spa getting in our nails did high and single ready to

1:31:06mcdonald's well that was my daughter she also has my doordash account no no no no no she does not no she does not tiktok shop amazon no she does not you don't have money to survive you're taking out payday loans you're taking out payday loans your daughter does not have access to a credit a card of yours nor does she have access to a door dash nor are you paying for her car insurance she can be a grown adult who makes an adult salary a good out of college salary and she could be a adult airport spending zillion money out courtyard courtyard amazon amazon wayfair amazon bahama mama smoke shop

1:31:51what is that uh gummies to help me sleep have you talked to a doctor um no not well i mean you might be treating something you don't know yeah no no i mean i have talked to a doctor in the past for the sleep stuff but nothing's really ever helped your mom's a druggy i learned from the best kids where you think i learned about that stuff it's okay i'm pretty sure half my employees basically do like amazon freddie's amazon amazon nudes amazon just because you're sending a lot of hot young dads fresh nudes now that you're single doesn't mean you need to be going into nudes and spending$42.65. Zellin' on money, Zellin' on money, Netflix, Hulu, Hulu, Karn, TikTok Shop, and QVC Payment, and Pooh the Rescue, Nike, Rock and Roll at Peak Road.

1:33:00I think those are the joint one is not. Good, our Capital One Pink. Ending balance, negative. Yeah, I don't know which account it is, but that's definitely possible. I don't know, but you went to Red Oak Kitchen, but you're negative in there. Okay, that one is actually my ex's account. Nope, he took the joint accounts off. I don't know what Red Oak Kitchen is. He knew you were going to say that because he preemptively typed it and highlighted it red. He knew you were going to say that. No, I really don't, though, but I believe you. Red Oak Kitchen. I believe him and all the he smokes on a daily basis yeah overdraft fees I don't think we're surprised oh but don't worry guys we have a dollar in weeble the world is saved retirement oh it's happening $131 and so far you know I love it and then$35 ,000 in our retirement account what do we want you to be at at this point your yearly income probably like over a million just based on your income specifically and the good thing i would say the good thing about the good thing about my income is that i can i mean there are months when it's better like this month i made it doesn't matter if you don't set any money aside for taxes right i know this so do you know but you don't do it well i know so do you say for taxes first do you start paying off the debt for irs comes first irs be scary.

1:34:33IRS can come f*** you. Alright. Okie dokes. Yep. Okie dokes. I have a pen. Somewhere.

1:34:46It is scattered in the mirage of insanity that this is.

1:34:55I don't know what happened to it. I assume if I throw this I will hear a thud of a pen at some point. I found it. Your rent was what again? $25.50. If she needs to get another job, your daughter, I will be nice for one thing because you guys already got your shit figured out. I will gift her a course career certification if she wants to go on there, take their quiz, figure out what's best for her, for what different side jobs and stuff. She can get certified in something. She can go make more money if money is her problem. Say your rent again. $25.50. Is that including utilities? No. How much for all utilities, including internet?

1:35:39I'd say probably$120 for electric,$30 for gas. Internet is$71. And water is about$80. $301. Gas, vroom, vroom, drive, drive. Just you. uh i think we came i think we looked and said like maybe 250 car insurance if it was just you well i have them separate so okay what's your car insurance is 292 how much is hers 263 fun fact your debt minimum payments uh eight thousand two hundred twenty one dollars three hundred dollars for groceries follow our meal plan tweak it to your needs hundred dollars for tp fun this is anything else you need nails all the good stuff okay gym are we gyming medical any ongoing medical expenses on a monthly basis uh i mean i have a prescription but i actually just got a call on the way up here i because i had a bunch of biopsies done because i have basal cell all the cancer stuff um so you said you're healthy i am healthy but i do have to get my skin i get my skin checks okay yes so but and i just went it had been two years since i'd been And so I have to go have a procedure and I know it's going to be, even with insurance, probably a couple thousand dollars.

1:36:57Okay, but no ongoing medical bills? No, ongoing. It's$10 a month for a prescription. Phone bill if it was just you? Because it's about to be. If it was just me, I don't know, maybe$150? Do you own your phone or do you owe on it? Oh, I owe on mine and on hers. when you're done switch to helium to 15 bucks a month I think same tower as T-Mobile saves you money but you have the phone so you said like 150 you need to pay it off first I know they have something like a special application that you can win where they'll pay off your phone but pets do you have pets? how many? one he is a black lab pet insurance no i don't have pet insurance get it okay guess what would you like to guess how much my vet bill has been at the emergency vet for these last couple weeks five to ten thousand thirty oh my god get pet insurance you can't afford it you can't afford it okay i can't afford it i will hopefully find out soon okay but if i did not have pet insurance that's a lot of money yeah luckily pet insurance helps a lot does it oh yeah okay good i'm putting 25 bucks in there for I think.

1:38:15How much for dog food? 70. Yes. Our furry pets are expensive and they love to do dumb stuff. She had a little part of a toy. Little part of a toy. It's all it was. It's all it takes. Boom. $30 ,000 if you don't have pet insurance. Oh my gosh. Yep. So do it. Luckily the vets have been incredible and everything. So. Yeah. But still. You never know what they're going to do. And you're not just going to let them. No. suffer so no i know it happened with my daughter's dog exactly so have the money or be just prepared anything else i need to put in your life um ongoing we got car insurance uh obviously future taxes yeah um because you will have to file for the last couple years and this year there's a i mean i know there's a couple of subscriptions that i have for work like adobe and there's okay well you can write those off those yeah don't worry about those i think adobe and quick what are your business expenses yeah how much my business expenses are low okay what um i mean 100 bucks a month i mean cool i'll minus that i mean not deducting you know like internet and all so you make about 10 500 after you set aside money for taxes i'm gonna say after business expenses you make about 10 000 okay um let's see how much you need to survive i think we're about to quickly find out why you are not paying taxes you say i can help you there's is just a math reality and we've already surpassed the math reality fun fact as you probably already knew and that's not something i can solve with a magic wand it is going to be a few options that you can do and this is without you giving her anything by the way oh there's also tithing sorry i do that's on there that's 400 a month okay well fun fact i mean without that it costs 12 267 to 12 269 dollars to live save money for taxes you can't and even if you're not saving money for taxes you barely can so you're not yeah uh the tithing thing isn't isn't that all isn't it more about if you can like you can't your payments exceed what you have tithing is supposed to come first first their first 10 i'm not doing my 10 so the tithing is i'm not doing 10 because that would be i mean thousand bucks a month what did it say in the textbook did it say did it read it did it say if you could afford it no i i it's my understanding and is that you do that first so if you end up going wrong if you end up going bankrupt god will provide for me okay i guess that's the thumbs up so go bankrupt but i will once this well let me say this once the the payday loan is paid off that's gonna open that's gonna make a big difference i know that was no you're still gonna be behind by uh uh that's 2500 a month yeah you're gonna still be behind by five thousand dollars it's better sorry sorry sorry three thousand dollars yeah but that should help you're gonna be behind by three thousand dollars means you need to go make an extra practically $5 ,500 because you're going to have to set money aside for taxes.

1:41:49So that's your solution is just to break even. You need to go make an extra $5 ,500 now. Actually, about $7 ,000 now because of the payday loan. You need to go make that extra money and set aside money for taxes. That's the immediate action. Or, honestly, the more realistic, dude, we went through 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 18, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31 deaths. 1 through 31 deaths. None of them small. Only one under 1 ,000. Now, there's a four under 1 ,000. Five. Five under 1 ,000. Everything else is over 1 ,000. Many over 10 ,000. Yeah.

1:42:40So like today. And then include the tithing. And you pretty much have to go make an extra$6 ,000 regardless of the payday loan. $6 ,000. Oh. And I do have one client, and I know this irritates him, that I haven't billed in several. Bill. Billed in several months. Bill. I know. How much? I'm going to guess that they probably owe me about$15 ,000 by now. Bill. Yeah. I wish that even made a dent in your situation. You owe$400 ,000 in bad debt. None of it's good. it's not a single dent in here that's good no why haven't you built them um i just their billing system and i've gotten used to there's no excuse really i mean i just haven't done it i i've they're a new client and so i've had these others for so long that i'm like this is what i'm used to making i just need to do it it's been just going in and doing it if we're gonna do the timing thing which i uh just okay okay you know that's just a part of you and your life that's not something like a credit card or something it's not something that we can just take away that is a part of you um it's it would be impossible you know for me to have a real estate conversation around that you need to go make the extra money if you're going to tie 500 a month you need to go make an extra 500 a month it's as easy as that okay okay okay no you're just gonna have to go make it and I got like today I had an extra project this month so I had an extra$7 ,000 this month which is great but that needs to be every month basically a minimum because that needs to be every month at a minimum after setting money aside for taxes that's still only going to put like what an extra$1 ,500 towards taxes okay cool or an extra$1 ,500 towards our debt because I was only trying to get you to break even so okay cool cool cool an extra$1 ,500 towards our debt let's see let's just do a little math It takes you 266 and a half months to pay off your debt in that case.

1:44:36Okay, that takes 22 years, and that's without contributing to retirement. So all of a sudden that gets us to 72, and we have basically no retirement. But at least we're debt-free finally. Like that can't be an option. No. I think it's bankruptcy. Yeah. I think it's bankruptcy. It's bankruptcy or your business essentially doubles. yeah and there's not enough hours in the day can you bring someone on like i don't know how the structure of yours works but i don't know if there's not enough if there's not enough hours in the day because there is so much business then usually for a business that suggests then it is time to bring on someone else because they're able to provide more value to the company than they suck yeah no and and that's that's a possibility i mean it definitely is it's just going about it because if i hire someone they're going to want to make about like what i make if they're at the right level i need you to start having some conversations conversations with one collecting that billable hours two with the extra try to see if you can get your money from the sold house three might want to talk to just talk to a a bankruptcy advisor and bankruptcy lawyers just to see what your options are around there three sell everything everything everything but That's again, all these little things, they still don't even put like a dent in it.

1:45:53Even if we're fully following the method from the boy over there, you're selling everything, going crazy, everything. You probably make a dent of like a hundred thousand. Even still, it's just 300 ,000, which is going to be so, you're so far behind in retirement that I almost need that to be your focus. And even bankruptcy, how much is going to be discharged? We don't know. And then there's the student loans. So it's like. Student loans are 25 years that I've been paying on them. Sit down with the people that don't mean money. There are boys. I need you to sit down with someone there with multiple sessions.

1:46:24I need you to go through their whole process. They might have a solution. But this is too extensive for the show. You can work your ass off, but even if you work your ass off and bring that extra 7 ,000 hours a month home like you did this last month, 22 and a half years to pay off all your debt while living on basically nothing. Bankruptcy might be the play. And I hate that. I hate that because it's expensive. It's stressful. You already have enough stress in your life. You're taking gummies just to sleep. Like, I don't want that extra stuff on your plate because I wouldn't wish that on anyone.

1:46:56I wouldn't wish that on anyone. All right. It also doesn't feel good, like, on my end to just not pay it, believe it or not. No, of course. I get it. I get it. But. I'm just thinking that$400 ,000, that$400 ,000, if I just opened my Moo Moo brokerage and I just bought the S &P 500. What that$400 ,000 would be worth in 22 and a half years. Be wild. Yeah. This is where we are. I need you to do those actions. It's the solution from this show. Yeah, you can put all those actions in. The selling everything. Getting the money from the ex for the sold house. Collecting that$15 ,000. Maybe even get an employee.

1:47:38If that's something that's even possible in your business. I don't know if there's really not enough hours in the day for the business that can be done to make more money. Even still, we're probably only making a dent of$75 ,000, which unfortunately for your situation is not even substantial, which is crazy because that's a shit ton of money. But as you start tackling these debts, of course there's just more and more money you have left on a monthly basis, but it still takes 22 years to pay off just about from what we've been able to do in two hours. I wish this was a more uplifting ending. I think you need to have some serious conversations with people in bankruptcy, people in different advising areas, people who are able to sit down not for two hours but for like two weeks, two months.

1:48:26Yeah. This is just one of those rare situations. And honestly, this whole week of when this is being uploaded of just thick stack week, whatever it's called they've been the unique rare situations in this show where the path forward has many angles and none of them are good yeah but it is the situation you got up to uh got into and i will say if you continue down the path of what got you in the situation in the first place there will be no hope and all of it will fall on your children because they will have to take care of you and that is unacceptable right now i agree all right let's rev up your daughter because we're about to have I have a hard conversation with her and I'm going to yell at her if needed.

1:49:07We'll do that in the post show. Make sure you guys join that link in the description below. And watch all our extra shows we have as well and the members. Spending a budget, you overspend. Zero out of ten. Debt, zero out of ten. You have collections, emergency fund. You don't have anything in savings. Zero out of ten. Retirement is dramatically behind for your age. I'll be generous and give it two out of ten. Real estate, zero out of ten for now. Get that money. Hammer financial score rounded up, 0.5 out of ten. make sure to check out our investing and our budgeting programs which are bundled together at a 15 discount link in the description below now join us for the financial audit post show today on the financial audit post show we're gonna call your sister here in a bit hi i have a little bit of news you're not gonna spend on the target card anymore or the walmart card you're also gonna pay for your own phone bill and car insurance because you make a lot of money for your age and you're a grown adult and not a baby.

1:50:01I don't love whenever I'm used as a scapegoat for it. She says you ask three times a month. To watch the Financial Audit post show, click the join button below.