$1,000 To Shame Fat Losers | Financial Audit
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32.9M viewsI'm very optimistic something will. happen but that's stupid as you got to. live in the real world I mean sometimes. you have to take a risk that's not. taking a risk that's being a dumb most. business owners took a risk and were in. debt you're just not paying cuz you're. like I'm hoping it'll be forgiven that's. completely different than what you just. said how do I pay it if I have a. business. money hey my name is Val I'm 28 years. old I'm from Los Angeles California and. this is financial. audit what do you do for a living room. in Los Angeles I own a juice shop inside. of a church a what shop a Juice Shop.
juice yeah not Jew yeah inside of a. church I was like wait yeah yeah yeah no. no no no what's. happening conversions shop in the church. okay cool and how does that do not good. it's inside of a church why' you open up. a juice shop inside of a church because. it was only $390 so well it was only. $390 but it's in a church which is. probably why the rent was I know I. realized that that's why I'm in debt. okay well how much does the church bring.
in no not the church the The Juice Shop. The Juice Shop first 6 months I was only. bringing in about $3,000 a month which. is insane that was barely enough to pay. for my employee and for produ you have. an employee I I thought it was going to. be booming no you launch it you launch. you launch it and then you bring on. employees when you scale that's what I. did I mean Downey is like the they call. it the Beverly Hills for Mexicans so I.
figured you know what I made it I made. it into the Beverly Hills of Mexicans I. thought this place is going to be. booming I need an employee did you. question why the rent was so cheap I. didn't I did not uhhuh mhm okay so. $3,000 is what you were making and and. then I decided to take a 3-month break. because I was spiraling out of control. and I started doing Uber for 3 months. until I dug myself out of the hole and. now it makes oh my debt hole I not out. of your Deb hole I'm not.
okay uhuh but now I probably. make I want to say that combined with my. street vending that I do on Sundays I. make around 7 to. $9,000 in total you're missing one of. your cute jobs yeah there yeah oh what's. the other one. um having pay. pigs pay. pigs wild time yeah that's another.
stream of income how much comes in from. pay pigs so I just got a pay Peg 10 days. ago and I've gone $1,000 so far what do. you have to do as a pay Pig I have to. humiliate. them I have to call them losers and tell. them they have. small. like that's all I have to do it like. just text them that yeah text them a. video chat no no video chat no pictures.
that one time he did ask me to send him. a selfie of me flipping him off but. that's about it and he sent me I feel. like he could just be I feel like he. could just talk to Ai and the AI would. just tell him he's a loser but see it's. it's the Charisma the personality that. they're I guess striving for it's not. the same so you just got one I just got. one how do you how do you how Okay so. after I went broke and I took a break. from my business I decided HP on social.
media I was like you know what my life. is a disaster let me just put my life on. there for for clout maybe it'll help my. business life on what my like my. disaster my life yeah on Instagram. mostly I could understand Tik Tok but. mostly on Instagram and I guess there. was so many hate comments from men that. I just decided to talk back to them and. I guess the pay Pig realized oh this. girl can humiliate me and he messaged me. he's like hey can I pay for your clothes. and I'm like sure he's like but you just. call got to call me a small a small.
loser and I was like okay sure and then. next you know cash app 150 and then next. $50 and then a 100 oh I saw yeah so. there's a boyfriend sitting over there. how does he feel he he completely. sponsors it all right yeah as long as. I'm not sending anything inappropriate. that he's all for it helps bu his dinner. as we call it dinden from we call him. the guinea. pig okay okay so we're making 7 to.
$9,000 a month a lot of it self-employed. are we setting money aside for taxes we. are not what the how is this like the. ongoing narrative for every single. person in the history of this world it's. like okay do I pay my taxes or do I. invest in the business pay your taxes I. I owe so much in taxes I think I owe s. you taxes I think I owe $9,000 now and. that's only from like four quarters or. three quarters maybe we didn't even have. that did we.
that's wild yeah yeah so I don't have. $9,000 right now you make $9,000 a month. if you budgeted correctly you I know. what your spending looks like you could. have. $99,000 I how if I make $99,000 how am I. going to pay $9,000 in taxes not in a. single month but you could do this over. the course of a couple quarters if your. spending wasn't what it is and I know. what it is but the IRS is going to get. me either way so might as well keep I. don't know investing in my business that.
doesn't make any sense that doesn't make. any sense if they're going to that. doesn't they will if they will get you. either way why not be prepared for the. time they come and get you okay look. what's going happen I could give them. the $9,000 but then my business will. stay where it's at or I can use that. money try to or they'll just come and. destroy you I think they'll be nicer. they can if you if you proactively reach. out you're a private business within the. church yeah yeah one time they reached. out and I accident answered and the lady.
just killed me she completely like. nailed me down she's like you're so. responsible I'm like look lady I had so. you think they're going to be nice after. the one phone call you've had with them. was not nice I thought they'd be. understanding apparently they didn't. care they're willing to be more. understanding if you reach out and be. like. yo upop a little bit I heard horror. stories of was like you know what. they're going to take you're just. putting it exactly so you're just. putting it off that's going to make it. bad I know go I took the risk and I said.
you know what maybe my business can grow. and then I can give has the business. grown slightly very not enough 3,000 to. what to 7 to 8,000 so it's more than. doubled it's more than doubled but I. have so much debt that I don't know what. to pay it's like do I pay the IRS. Collections yeah always pay the IRS is. the rule uhhuh so it is the rule it's. like do I pay my business do I invest in. it do I pay the IRS do I pay collections.
do I what do I pay like what do I do I'm. going to call him out by name cuz he. deserves it for this one oh God but my. producer Noah wants you to do a pay Pig. roleplay with me okay so if you want to. see that stick to the end of this. episode oh my gosh will I be the p pig. or will you you know what let's do that. in the post show we'll do that in the. post show okay cuz that isn't fit in. financial AIT so we'll do that in the. post show okay you might be into it who. knows limits you might be into it mhm I.
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like this thing's paid off uh about. halfway through yes correct cool now. with this car the interest rate is not. that insane mhm but we're sitting at a. total balance of. $1,891. 79 with a minimum monthly payment of 403. a month and I can see that hurting when. we're you know when the business wasn't. making much money definitely big chunk. mhm you see I was able to afford it up. until last year I was pretty responsible. up until last last year and now I'm in.
this big hole and sitting at 5.49%. interest what happened last year uh I. took the risk of opening in a church and. that completely so that was last year. that was last year that was during the. summer before that was pretty. responsible I think I had like how. you it's supposed to end in June and. then I'm supposed to possibly renew it. if they well obviously don't right if. you're sewing a little bit of success in. there maybe take it to a place that has. more foot traffic I assume there's de. decent foot track traffic in there but I.
mean I'm just speaking my own history on. this. one are people when they go to church. are they getting juice I think they're. getting coffee and donuts I'm not. allowed to sell to the church people. okay so is this like a uber mega church. where it's like a mall so this church is. historic it's like 130 years old but. legally there cannot be a commercial. business in a church so there's a. nonprofit that reached out to me who. rents in the church who's like hey why. aren't you an extension what why let's.
invite you over to be an extension of. our program so that's the only way I was. able to sell in their but the loophole. the loophole is I can only open 4 hours. a day weekday okay it's when that lease. is done I think we're moving you're. going to have more expensive rent but if. you're able to prove the business model. anyway what's so special about your. juice uhuh my juice yeah well it's fresh. it's healthy and I do live sounds like. every Juice Spot in Austin I do live in.
like a lowincome community so I guess. cold pressed juice is a very relatively. new topic so that's why I was a hit. where I originally started selling but. once I moved to dowy where there's a. higher where were you before in C well. no just like what kind of Street vending. Street vending yeah and I still do that. on Sundays and that do way better than. the down are you doing I know doesn't. sound like a I know but believe it or. not I have so many other business. friends that took the same route and now. they have like three restaurants and. they oh like a million in taxes so it's.
like well if they did it and they have. so many restaurants why don't I do it. all right let's try. to it's a mess yeah it is I don't know. where to start we'll talk about that. more in a bit let's see where your. financial situation. stands student loans this is 7,000 taxes. oh that's tax but I haven't filed two. quarters so now I probably student Lo so. now I probably owe $9,000 on this.
naughty naughty and your taxes are are. your student loans are you paying. minimum monthly payments on these what's. happening I have never made a payment. okay are payments required currently I. think they are they started I believe. last year you see I graduate in 2019 Co. happened right afterwards so we didn't. have to pay for 2 years and then by the. time we had to pay I was in a deep hole. I was in deep you let them know you're. in deep you ask for deferral or you ask.
to be put on an income base payment we. don't just not pay them they will. garnish your wages they will F you I was. waiting for Biden and not in the good. ways that you do with your little. piggies I don't do that they wish I did. that but I was waiting for Biden to. forgive them yeah how'd that go he's. going to get it no he's not the Supreme. Court said no he's going to try again. the Supreme Court said no it doesn't. matter I have hope hope doesn't really. pay off debts I have hope our next. president will help the next well you.
know the next president is either Biden. or Trump they I they maybe Trump will. find it in his heart to forgive us no he. doesn't want. to he's not for that something will. happen why are you just saying that what. do you mean is this how you live your. life yes I'm very optimistic something. will happen but that's stupid as you got. to live in the real world I mean. sometimes you have to take a risk that's. not taking a risk that's being a d I. don't know I mean most business owners. took a risk and we're in debt no you're.
just not paying cuz you're like I'm. hoping it'll be forgiven that's. completely different than what you just. said but it's like how do I pay it if I. have a. business but I need to pay my other. debts too so what do I pay first your. other debts are in collections that. don't require minimum monthly payments. anyway this one at least requires a. minimum monthly payment so what the are. you talking about what about the Deb. tile to my loved ones. well I don't know about those so but I'm. guessing what's sorry what's your. minimum monthly payment on these. okay on the student Lo student loans I.
don't I haven't checked guessing about a. 100 bucks a month for each one or for. all of them total okay yeah they sold. the company so I don't even have the. portal anymore and I had you got. transferred probably yeah you get an. email and you just fing look at it like. every other human being did cuz we all. have student loans you're not special. you're not unique I was stressed take. care of your you're going to be more. stressed when they start garnishing from. your wages selfcare I my they actually. started garnishing my wages one of my.
creditors you make videos where you see. so I know you like to Kink humiliate. other people but you essentially make. videos where you K humiliate yourself. based on how bad your own finances are. MH so like why not uh like you're here. now uh cool let's have the conversation. why not try to improve. them I'm trying but there's just so many. I'm not from anything you just said. there's just so many that I don't know. where to start it's like do I like I. said invest my business matter if you. know where to start because you're so. you're you're absolutely ridiculously.
dumb on everything I just said when it. comes to student loans uhhuh that. doesn't give me any hope but it's like I. have my business taxes that would be. more responsible to pay you said word. business one more time I'm burning this. building to the. ground I don't know what to tell you I. have hope that I'll be able to pay. everything but I need to as you said. maybe contact them first P up credit C. okay gotcha 553 yeah H when was the last.
time you filed. Taxas last year for 2022 okay yes I used. the keeper app though mhm because at the. time like I I was struggling financially. and I think they only charged me a 100. to file them I don't even what is this. it's from Sheen congratulations what the. is this I have no idea it's probably. cancerous but it's cheap CU like a. dollar this so weird like very weird. texture mhm okay so yep there's see oh.
go you have a Miss payment on your car I. do why' you not tell me that when we. were talking about it I do they they. ended up extending my contract by two. months huh yeah they made me pay one. payment and then they extended the last. two payments I was behind why I was. struggling again oh there's just so many. expenses the collections. oh this is.
endless I know oh this is endless what. are these what the was this one for. $1,652 you're going to hate me for. saying this but was for my business I. hate you for saying that what was it a. juicer cost $77,000 so in 2022 my. business actually got really busy that. to the point that I had to buy a second. juicer oh but then 5 months later the. business started dying off so then I. couldn't afford that loan anymore oh. this is why we don't leverage it man.
afford it when you can afford it buy it. when you can afford it I thought it was. an oh look at this bullsh Uber Eats just. popped up with a notification on your. phone I think that's the last thing that. someone in your position I can't pay on. my debts I can't pay minimum Mony. payment on my car can't pay minimum Mony. payment on my student loans I don't. think we have the Uber Eats app. downloaded on our phone are you kidding. me you kidding me are you kidding me I. have the monthly subscription so it's. only for like $2 more what are you why. you can't AFF to pay a Min a monthly. payment on your cars do the load how do.
you have a subscription u e it's just $2. more oh $2 more what to get it delivered. I I get free delivery and then you tip. driver no businesses have their prices. more expensive on uberit regardless the. food prices are more expensive there. time is money though so when I don't you. don't make any money you don't make any. money so what time this is. the you say the business brings in this. money that's not what you bring home you. bring home like.
$1,328 in profits so you don't make. money time equals more money time equals. money you must have no time because you. have no money uhhuh see if I were going. out to eat or cooking I would have less. time I would sandwich sandwich sandwich. 5 minutes 5 minutes 5 minutes what was. $562 that was okay so I took out. $115,000 in total so it's two loans. $110,000 $1 $5,000 juicer another. business equipment other business.
equipment yes so that's what I spent in. summer of 2022 and I believe I did five. payments and then that's when I. completely crashed in the beginning of. 2023 and that's when I decided you moved. into the church not yet it was slow. season it was slow season so win it's. does mean winter yeah it's juice cold. items so winter time is the worst time. so I couldn't afford the $700 payment a. month why' you do why'd you take out of. debt then you know a cold season's. coming no one's buying juice in the cold. some some Winters they do this past.
winter was kind of okayish but some. Winters they do but I that was my first. lesson and then that's when I decided. you know what I'm drowning in credit. card debt I took out when I was a teen. I'm drowning in this business debt so. I'm just going to file bankruptcy and I. tried to file bankruptcy and I went to a. lawyer an attorney and we were going to. go through with it but I didn't have. $1,000 to pay for the whole process so. he told me to come back whenever I had.
it so I started saving for it but then I. was presented the opportunity to sell in. the church and I decided to just use. those ,000 to invest in the church no so. I how guess you have zero dolls in. retirement. zero I believe I had money into an IRA. but I took it out when Co happened. why because that was also another. penalties to take it out yep I think. they took.
$2,000 of the penalties I ended up only. getting like. $3,000 that was the first time I fell. into a hole and then the second time was. this past year listen this conversation. hurts if you've made Financial progress. anyway over the last year I want to know. what it is tell me in the comments below. make my day. brighter it's getting better at least. now I have the are you talking about the. pay pig to keep keep me a. well business speeds up we're getting.
into spring now we're getting into. summer that's the busy time of my. business are is our entire future of our. life going to dependent on. micro I don't think so that doesn't. sound like a future plan just for now. until things start picking up again well. that's a hope thing it's a hope thing. mhm I'm marketing I'm I've improved the. recipes I've improved the consistency. the texture do you have any juice here. that I can try I couldn't fly it over.
TSA took it you couldn't make it here no. I can't the juicer weighs 90 lbs oh you. could have made it like a version right. it's not the same though cold pressed. juice it's the quality of it that's why. it's so expensive mhm see I have a good. product I have every good concept it's. just the location and it's like I can't. afford to I hope it's just the location. cuz the market also might be just. telling you they don't like it no I have. great products it's just a location and.
I can't afford a storefront so now I'm. in a pickle where I don't oh no you were. doing great on the street but it's. illegal at the end of the day oh it is. yeah it's illegal like but our city is. super cool our mayor is 28 she went to. high school with me so she she's super. supportive other than that we would get. our stuff taken in any other City yeah. so it's a little controversial some. people are against Street vendors but. because some don't pay taxes well you. should pay taxes. I think it should Beal you should P.
taxes and you're not. harassing like hey come here come here. get this yeah just like oh cool food in. a park like I'm all about it yeah it's. cool but it's not sustainable for like. long term oh here came little micro $15. micro $50 micro $155 micro $20 micro. $100 $160 micro and a $5 micro deck. uh-huh all right there are other. followers too who just like my content. of me humiliating myself talking about.
my struggles and they sometimes is that. that's not why you're here right you're. not getting like worked up over there no. from getting your money sh are you you. see I shared the thing that I like to do. is share with people that despite having. struggles you can still you know follow. your dreams keep going keep going at it. and then in one of my videos where I was. being transparent about being in so much. debt because of school or my car or my. business a lot of men did not like that. and they had a lot of ugly things to say.
and many people actually tagged you and. that's how I found out about the show I. had so many people tag you on that video. completely shaming me calling me so. irresponsible so that's why I came here. and flew all the way here to confirm. whether well to be clear don't be mean. the guest is on the show to get their. wakeup call they've agreed to me being a. little but don't be mean support them. Che them I wanted to come here to hear. it from you though it sounds like she. might get excited from it but everyone. else I do not have a humiliation Kink I.
do not I'm just very honest very. transparent I want to guide other girls. and women that are in my shoes too I. have like 40 bucks in a checking account. that's mhm this is zel's coming in and. go fund me and square that's the. business and okay yeah that makes sense. see my spending isn't irresponsible I I. haven't gotten to your spending it's not. money coming in what what are you. talking about I've seen your spending. you don't know what you're what are. you I don't shop I don't eat zeld zeld.
zeld zeld zeld that's for purchases for. Street vending some people legal order. payroll so you still pay someone legal. order that was when um my wages were. being garnished so I had the bank um. cancel that you've already had your. wages garnished what was that for. Chase and Speedy Cash and then ADP. payroll that is uh my payroll company. but they just terminated me because I. was inactive cuz I was not using it good.
mhm lots of zels zels for days Apple. cash door Dash yeah makes sense in our. situation ATM who knows where the that. $600 went mhm I think it's rent money. huh I think that's the rent money rent. okay Amazon Applebees at least eat real. food. McDonald's taquitos door Dash Pizza Hut. Clara Wendy. every table that's healthy and it's.
cheap every table yeah it's only $7 yeah. I bought five meals it's affordable it's. not the worst. Netflix more every table but but that. was like a day in between so that. doesn't make any sense I really like. their meal final okay so you're just SL. down well that doesn't make any sense. more a firm. Amazon GrubHub pero Cafe that's what. everyone says and that's why about to. yell at you apple apple Porto's Bakery.
afterpay Hulu coffee Amazon if you. divide that by 30 days it's not bad. we're getting like one a day at this. point California Chicken Amazon Amazon. McDonald's Starbucks door Dash Dog House. Apple Bill Apple Bill quickly Clean Car. Wash that's what we absolutely need to. survive it's only like $5 Dash is 12. shut up Square Weebly Square Weebly so.
is that your website or a website but. two okay more every Table Pizza Hut. shahad uh shahabad I think that's a gas. station okay Apple. Bill tacos Amazon Amazon coffee Panera. Bread Facebook maybe advertisement on. there mhm okay Florence. Express what is Smart and Final so any. grocery charge on there will be for.
produce for my business I used to do. wholesale this isn't a business checking. account is it yeah it is but that's the. only one I have but that doesn't make. any sense my personal account was closed. because I had how are you separating. personal and business then I'm not well. that's fuing terrible I know I know then. why aren't you because I'm on bad terms. with Chase and Bank of America because. of any other thousand Banks then they're. far away from where I live so it's a. little bit more difficult you don't have. to be there in person at all times what. you go to your bank once a day probably.
but when I need cash this if this is. your personal checking account it's it's. it's a little different maybe your. business one you need quick access to I. need to do that I need to get another. account to separate my personal and my. business but I hardly spend on myself. though so I at the moment I don't think. it's that much of an issue Chipotle I. need to eat chipot it's affordable it's. very affordable no that's stupid as $25. that doesn't make any sense make a. sandwich are you kidding me get some. beans get some beans get some beans get. some beans oh my gosh get some beans get.
some steak cook the steak meal prep meal. prep beans could have said something. else besides beans I was just thinking. of a Chipotle bow mhm all red will'll. have a field day with that mhm Apple a. firm door dash dash pass so we have the. Uber eat one and door Dash great that's. smart door Dash afterpay. Starbucks oh we don't support Starbucks. but anyways well you did that I was. really hungry that was the only thing.
open hungry that's what I think. Starbucks mhm makes sense but see it. wasn't that bad so you only bring in. like 2,000 bucks a month like actually. into your account prob how do you pay. rent cuz that dude over there rent see. how you're surviving no rents ,000 well. okay one person who should not be named. is one of my personal creditors that let. me borrow. $8,000 I I forgot about those okay so. there's a person yes I have two. individuals who each let me borrow. $8,000 and what are their relationships.
without naming them one is my. grandmother oh that's terrible who I. live with but I take care of her yeah. but you're borrowing money from her. what's person two person two is. anonymous are you able to say your. relationship um like how they're in your. life in kind way a close. friend who prefers to be anonymous so. it's a friend a friend mhm okay yeah and. they they truly believed that I was not.
being irresponsible and they were there. well they're incorrect that it was for. the business yeah it's Uber successful. business that only needs money going. into it and can't take any out yeah okay. within 5 years I'll have a franchise I. believe it I see it I trust the process. oh what process what process what. process are you possibly processing. process I mean you're a business owner. you know the process. you have to start from the bottom and.
struggle for the first three four five. years I started a business I didn't hire. anyone until I could afford it I didn't. buy any equipment until I could afford. it I didn't take out debt to grow my. business I didn't quit my full-time job. until this was enough to live off of I. scaled my business with the money coming. in process don't tell me about a process. you didn't have a process your process. is getting and hoping you get UN in the. future but then how do you keep up with. all the labor if you don't have any.
employees if if you okay. okay okay if you need labor because. there's that much business then your. prices are incorrect if if you're not. able to offset it and bring some in. labor is an investment these people were. an investment that I knew would drive. more. Revenue your prices are either incorrect. or there's not enough demand that you. actually need to bring in this labor and. you're just being lazy or I mean you're.
open 3 hours a day mhm four so I don't. know what the you're talking about Labor. see I let my employee go so now I run it. by myself but oh well there you go I. still have one for the weekend but now. it's tough because now that business. stting picking up I'm like oh no I do. not want to fall back into this hole of. getting an employee don't so I stick it. out yeah work youring ass off until you. can't until you are literally turning. down business because you do not have. enough time then you're bringing on.
people until then you're working. yourself to your just bones as a. business owner as an entrepreneur. grinding it out that's why I get door. Dash I had the polar opposite of you. here I had Jenny she's a YouTuber uh we. hung out these last couple days she was. awesome and she grinds every second of. her life she's built up to 2 million. subscribers she's being very successful. she's doing all this and she's working. like 18 hours a day and she's only. started to bring on uh a little bit of.
help because she knows it delivers even. more and more value that she is no. longer capable of because she's working. too many hours that's an entrepreneur. that's someone who's working that's. someone who's bringing value to the. marketplace that's someone who's being. successful because oh there's a little. bit there's a little bit of work doesn't. mean we're bringing on an employee that. you're eventually going to have to let. go that's irresponsible as a boss uh and. just rude. yeah yeah I I would never even come.
close to hiring one of them if I thought. there was a potential that [ __ ] know. like 6 months I might have to lay them. off might is always a possibility but. you don't go into that hiring with the. uncertainty that they could get laid off. it's more of a you know they'll bring. value to the business and continue. accelerating it so that I can keep them. on so they can pay their bills you're. responsible as a business owner as a. boss as an entrepreneur to bring people. on in a position where they'll likely. get laid off and that actually pisses me.
off I'll be honest it pissed me off that. was one of the but you're considering. doing it again so you I have to I have. to no you don't you're open 3 four hours. a day what do you mean you have to. juicing takes a long time where where. long time it's like I have to Market. okay okay but are you're not going to. make a you make no basically no profit. by yourself if you're bringing on this. other person and it's not driving extra. Revenue you're going to be making no no. profits of which case your business.
model is proven as a failure it's as. easy as that no one's entitled to have a. business be successful MH so what as you. as a business owner what is the next. step what can I do work until you cannot. work anymore one I would not have signed. that terrible lease once you're I would. just try to break it if possible and I. would just be if you have that. relationship with the mayor and you're. able to be on that street be in the. busiest spots at all times save up your. money don't take out any more debt pay.
off the debt save up enough money to be. able to get a storefront in an area that. actually makes sense if that's what you. want to do is a physical location and. then work it work it work it until you. literally cannot work anymore and only. then then and only then can you bring. someone on as long as it makes economic. sense for the business or else you're. just throwing your dream down the drain. yeah for a little extra help it's it was. just such a good offer to turn away 390. a month a big space a space that big.
would have cost me $55,000 commercially. there's a reason why the rent that Chief. cuz you're making nothing from it it's a. location so don't say that again that's. the stupidest thing I've ever heard in. my life it's and you're doing a merch. launch next month I am who's buying your. merch you'd be surprised a lot of people. enjoy seeing my struggles and seeing how. far I've gotten and how I've got they. spend money on merch what's your merch. going to what's your merch. idea one of them is tortilla Smuggler.
because um last winter well yeah what. was it November December January when I. started decided to close the business. and do Uber to recover I took on side. gigs and one of them was smuggling. tortillas across the Mexican border what. the paid $2,000 after what after gas. because you need a permit and the. restaurant that I was doing it for. didn't have the permit yet and then they. just exhausted their smuggling capacity. so they asked me to smuggle them so I. did that for an entire month tortillas.
yes yes you'd be surprised how there's a. market for tortilla smuggling the best. tortillas are in Tijuana they're. handmade they're vegan so they were. paying me 200 a trip and then sometimes. they would pay me for gas so I would. profit about $200 and I would go two. three times a week and that that helped. me come out of my little debt hole a. little bit so so I was able to reopen. the business again in January so you. were very much breaking the law it's not. breaking the law because they let me. through. huh they okay so technically I need a.
permit but sometimes they'd be nice. about it they asked me why I had so many. I told them I worked at a record label. so you. lied yes but they kind of already knew. what that doesn't make any sense why do. you have so many tortillas cuz I have a. record label oh well then you're good. Mexican Regional artists like tortilla. so I told them I worked for peso pluma. which is one of the top artists right. now and that they we had events every. week and we used the tortillas and I. would pass them through sometimes they. would believe me sometimes they wouldn't.
sometimes they would drug search me. thinking I had drugs in the tortillas. which was better for me because I knew. the all I had was the tortillas and that. helped me for about a month and I. started posting videos about things that. I would do to get out of my hole and. people started liking them and they I've. been keeping up with my whole journey of. open being a street vendor and smuggling. tortillas and being in debt and my. profits for caterings profits for Street. vending and now I have a good little. cult falling of of people who actually. are here to see me open that first St.
what's your merch laun strategy merch. strategy is first I started with the. debt video and I told people that this. is how I'm going to start paying my debt. originally my plan was to use these. profits to open or say for a storefront. but then it hit me once I made the debt. video that I should probably pay my debt. first and I probably can't open a. storefront if I declare bankruptcy so. now I'm geared more towards paying my. rent I me sorry not my rent my debt and. then opening a storefront so now the. merch strategy is to let people know. that part one is paying off my debt so.
that's my first strategy if there. supporters and they like my content and. want to see me get the storefront a. t-shirt would help fund that dream and. yeah and people really like the designs. I'm also an artist as a side gig so can. I see the designs yeah of course one of. them is thoria Smuggler and the other. one is um it's um MRE which is I don't. oh it's me. MRE which is in. English I don't give a keep going you.
can do it so you're relying on them to. be able to speak Spanish majority of my. customers speak Spanish like 95% of them. customers customers fans followers fans. follow okay good it's for my business. and for my followers I don't want you to. narrow your audience but if that's where. it's can I see yeah gotcha and then the. third shirt is just a a ccure of my. business so me as a ccure and. your bank in a decent amount yes so cuz.
it cost it costs money for you to do. this yes so my friend has a printing. business so they're funding the shirts. and the prints and then once I make the. sales I'll be able to pay them I think. 1,500 you don't do anything without. going into debt do you you don't wake up. in the morning without going into a debt. to someone that's the first thing you do. when you wake up is who can I owe money. to you got to risk and if people trust. you you don't your risk is very. confusing your risk is stupid there are. risks that people take and that is good.
to take your risk is just like I'm going. to throw everything away and just hope. it works it's stupid it's dumb I want to. die I'm very fortunate that people. actually trust me they trust me and they. see where it's going yeah that makes no. sense I don't know how anyone trusts you. you don't pay your taxes they know my. character they trust it it doesn't I. don't get your your whatever you present. yourself as is whatever the proof is in. the pudding you do not pay your bills. here first design it's earthy it's me as. a ccure so my business is called earthy.
press and that's me it's very cute very. very appropriate so hoping on businesses. to do this and then here is the one. that's like the I don't give a one but. in Spanish it's m m and has a little. juice on it it's cute right I'll send. you one I'll send you one no it's cute. but I mean we we personally struggled. with that kind tax like that that was. our like we worst performing merchandise. so just a little nervous you have merch. right I like it this was very successful. but when we had text going up and around.
something it was not as successful cuz. it's harder you don't have that quick. instant like oh I know what's going on. and then the last one is the tortillas. smug this is more like a a male. shirt we had a good amount of male. followers that were into this no I don't. like that one I like the first one. though the first one's cute right I I'm. confident that they'll sell either from. my business confidence my customers. investment strategy com my supporters M. so you owe 2,500 there's de then you. what you started to Gund me that's kind.
of gross I don't like that I know I took. it down good I took it down good. originally it was take care of your own. yeah it was meant for the storefront and. so many people were encouraging me to do. it they're like what people think just. do it like we lowincome people first gen. people like you know we have to start. somewhere and I did it and then I. realized how much debt I was in and I. realized I'm not going to declare. bankruptcy anymore so I probably am not. ready for the storefront so I shut it. down I had only collected I think.
$600 originally my plan was to collect. $100,000 to open a storefront so 30. would come from the GoFundMe 30 would be. saved from myself and then another 30 I. was hoping to find randomly so when it. comes to your overall spending let's see. what we got debt repayment only. 4.4% is that for everything that's a. joke is that everything all together. yeah okay including the car yeah mhm. transportation.
2.1% that doesn't include the car. payment because also you you weren't. paying on the car anyway so it doesn't. even matter like you know we only. calculate what you actually put towards. it so yeah necessary food would you put. all on the business card I don't know. how you're planning on doing any kind of. deductions or writeoffs good luck 12%. bull food going out to eat uh. 10.2% unknown shopping. 21% that's pretty aggressive that's. usually and Amazon or just things that. we can't tell what it is and it sounds.
like a lot went to the business but you. were pumping a lot of money into this. business and not really getting any. return I think 100% of it man imagine if. you just put that money in the market I. know I know I think food industry is one. of the worst Industries for profit. restaurants have a 5% profit success mhm. medical and Healthcare 1.6% 8% for. subscriptions missell Bull getting some. Taquito 1.8% and other large purchases. 45 .6% look let's look at those. purchases I believe a lot of them were.
ATM withdraws yes you said one of those. was rent yes or sometimes I what about. your rent how's housing not because we. just didn't see it like yeah how's your. housing paid for I live with my grandma. so we live in an apartment and we've. been living there like 30 years so we. pay she pays 1,000 I pay 1,000 so we pay. that in cash so many of those. transactions are this is all cuz we had. $740 coming out from ATM with dra there. was the payroll there's the legal order.
Square payments going out Zen. Vel zel venmo cash app out. $926 yeah or sometimes I do pay some of. myage oh that's my rent for the church. that was. 389 bottle Supply link tree was $90 yeah. and I never used it cancel it yeah. Staples Weebly you okay it's there's not. much extra spending you have to agree to.
that it's all what do you mean. purposeful well well the much again I. can't tell exactly where that's going. but food going out to eat 10.2% yeah is. that necessary spending no not when we. have debt to pay off that doesn't make. any too's 2% doesn't it make any sense. monthly it's only like $200 $300 at most. that's what that could be going to debt. even if that's the correct percentage. first of all all the money that came in. and then I have to feed my grandma well. after profits after profits was about.
$2,000 mhm is that with or without the. pay Pig all the money that came in. regardless before any expenditures all. the money that came in from the business. and pay pigs and everything even the. gofund me was. $575 38 but $676 65 went out that is not. including cash transactions so with cash. transactions I don't deposit I just use. it to spend on produce or rent or.
whatever I need does it all just go to. zero then yeah pretty much I don't have. well then it doesn't count you still. spend more money than you make Yeah by. $300 yep so now it's like do I cut on. spending do I make more money do I this. business is not successful mhm it's not. making. anything it's paying me though so it's. going somewhere you spent Morey more. money went out than went in this last. month uh-huh y'all this is the time to. switch to my favorite high yield savings.
account with Sofi you can get 4.6% on. your money I hate when my money is just. losing value so make sure you're keeping. up with inflation at the very least you. can also get FDIC insurance on that. money up to $2 million with them plus. they'll give you money up to $300 when. you set up an account with them there's. even extra perks like being able to get. paid a couple days early Sofi is what I. use when I'm setting money aside and it. is the banking app of the future sign up. link in the description below I always. want my money to be making more money so.
don't lose money on yours I think if it. weren't for my debt I think the amount. of hours you put into it if that was to. set a job M you'd be doing so much. better uhhuh what's your phone bill. total. [Music]. um I think $50 it's pretty good you. should do $20 with helium they're a. partner we can get you set up yeah for. my bills I think I spend around 2,000. gas maybe $200 a month I used to do Uber. but now I don't do Uber Uber anymore. because things started picky up a little.
car insurance 100 do you pay it I. missing. one. oh I know something in my brain told me. to ask and now I see why. mhm sometimes you have to pick between. bills or paying for business expenses. again. mhm again you spent hundreds of dollars. eating out I would spend hundreds if I. cook. too and have less time you already spent.
hundreds on groceries not for myself. they're all for the business I don't buy. groceries I just you have to be. consuming some cuz you also don't you. you you're not just getting a meal a day. we have a schedule my grandma and I so. she cooks breakfast and then I buy lunch. with her own groceries yes and then I. buy lunch for us oh and then cook lunch. sandwiches we start. I'm I'm in the health field like you. really need to eat healthy to do good.
yeah make healthy food dude that tastes. make a. salad there's no protein in the salad. with cut chicken. pieces maybe if I get like a rotisserie. chicken from Walmart congratulations you. solved your entire issue that could work. that could probably work I could. probably eat less I mean not eat less. but eat out eat out less yeah I mean. even though Chipotle is like eight bucks. but but the rotisserie chicken is $8 I. know and you can stretch that for a week.
that's true that's true well for one. person but that's true okay food you're. putting towards groceries for yourself. $300 not doing business funds in here. cuz you got to separate $100 for TP fund. that's anything else you need to survive. in life that's makeup that's toilet. paper that's whatever it's the hygiene. things all the good goodies good good. good G oh you already told me gas. housing total is 1,000 for yourself what. about putting towards utility and stuff. like that probably 100 okay and then.
what about internet inter no. internet I don't know how how I had to. cut it Medical Healthcare there was some. stuff is it a gym is there what is it uh. medical I think I have a gym membership. it's 50 a month that's about it. subscriptions uh you're going to have. business subscriptions but personal Noe. cancel the Netflix cancel the Hulu dumb. doesn't make any sense you shouldn't. have time to be doing it anyway if. you're trying to build a successful. business for being completely honest. rent is insurance renters insurance none. okay $10 get it okay now we're not doing.
the business and your minimum payments. on debt aren other than your car aren't. that much it's $100 for the student. loans but they're not that much because. you don't have the minimum monthly. payment in terms of the merchandise or. person one or person two or the. collections or the taxes because you. haven't even like talked to them so. you're just it all up so either way you. need to get on a payment plan and talk. to them my gosh. mhm okay okay we have car payment. student loans.
100 taxes probably create a payment plan. call them yes okay and then we have. collections that's a big one yeah. touchdown okay so what you need to. survive your minimum survival not. business is. $2,413 44 so after the profits of your. business you're already behind by. $344 yes so a lot of is is going to come. down to um unfortunately it's one of.
those income situations I feel like. we've had more of those recently um but. your income it's an interesting way. because you're you're running it's. through the business the business that. you own the business that you run. yes it's like it's been three years it. just needs a little bit more a little. bit more and then I'm out when do you. give up I don't I think I'm stuck with. this that's not good I'm stuck with this. that's not good that's not real world no. you're considering no an investment.
you're looking to get a return you're. not getting a return I think for. you man we could make. $2,413 at a job without you putting. expenses in I'm not saying go do that. necessarily but it's like break that. lease if you can try on the daily basis. out there in a food cart situation that. you did see if we can make anything more. that way you need to find a way to. maximize business Revenue actually do.
the books on the business do you how how. like H how thorough are you I'm On Top. I'm very thorough well just 2023 I gave. up doubt I gave up I'm very thorough but. you have business and personal All in. One account so I again doubt mhm I know. what's coming in and out of the business. just not my debts I I chose to ignore. those but business I'm on top of that I. know the numbers. we have a 20% um profit right now after.
I pay my in or after I do the debt. payments that's what's coming in 20%. Which is pretty good compared to the. market the Market's 5% the restaurant. your business makes no. money the profit margins are good though. business makes on so it doesn't matter. it just needs a little bit more if I. could get up to like $112,000 in sales. then I could make it okay that's an F. you doing that get there it's been 3. years and I still have loyal customers. it's getting there it's getting there. saying you still have loyal customers. isn't a good thing we need to be.
acquiring new customers I have new and. but I'm saying the product is good that. people stick around for 3 years so that. must say something about the business. yeah we need to break that lease and get. it in an area though that better area. yes of course that not in a dead zone. yeah for 390 and if you can't you need. to start how many hours a day do you. work be honest don't me like I wake up. at 4:00 in the morning. and I start working at 6:00 in the. morning and then I leave the shop at.
6:00 p.m. so 12 hours okay this part. sucks uh just cuz you're just going. further into debt and things just aren't. going well and it's going to shut down. your business after that a few nights a. week we need to work an extra four or. five hours somewhere yeah in a coffee. shop anything I don't care whatever yeah. for maybe Monday Wednesday Friday type. situation or Tuesday Wednesday Thursday. so you can bring in the extra money and. just at least Break Even breaking even.
is not doing anything for us though. because the car the interest rate you. know maybe we're minimum monly payment. till it's paid off the term is probably. longer than I'd like but either way. that's not our make a break the taxes we. need to start paying we need to if we. get on a payment plan all of a sudden. that's like 500 bucks a month then you. need you need to make an extra, a month. which is really scary yeah cuz you're. not willing to give up this business and. you already put a lot of hours towards. it and you're considering hiring. something that's a terrible. idea then the collections I mean you. want to negotiate them but the taxes.
come first and then you deal with the. person number one and then the person. number two jeez and this Merch this. merch hope it works one of the designs. were was okay uhhuh and you owe money. from it uhhuh it's going to sell. positive it's going to sell people. believe in what I'm saying they do you. believe in what you're saying. mhm once I make it people were going to. be like a damn she knew she's doing when.
is it launching it's launching next week. you tell us by the end of next week what. happens I'm going to tell you guys I'm. going to send you a shirt I'll ship it. over well no don't do that cuz I need. you to make money mhm I don't want you. to put any extra money into this I. appreciate the heart and I would like it. we'd frame it or something but I don't. need. you okay so you're doing 200 shirts 200. shirts how long until you think you sell. 200 I think less than a week okay by the. end of next week I want to see proof I.
will show you guys Pro I want to see. proof and this video won't have come out. by then so um cuz we're really ahead. which is yay that's nice uh. and I'll I'll put in the pin comment and. you're going to prove to the audience. whether or not this is actually a. successful thing MH I'm very nervous mhm. are you planning to get more micro. Piggies or something like I think that's. it just that one okay so you're not into. it I I like seeing the payments it's.
it's helping me stay aboard the money. what about the work behind the money I I. don't like being mean I don't like doing. that okay well but some people are into. it so it makes me happy that at least. he's happy well what's scaring me is. like the $2,000 that you get a month and. you need 2,400 to survive and that's not. making any progress on taxes or anything. requires this de piggy thing if you stop. that he stops. it then we're like $1,000 in the whole. 1,200 something like that mhm and that's. just a disaster then we need to make.
like $2,000 minimum extra a month in our. pockets after taxes after whatever and. you need to be setting money aside for. taxes like this is all yes in California. they don't have the nicest taxes either. for businesses and stuff so it's like. this is It's a nightmare it's a. nightmare I need at least $10,000 I just. wish you were working a job I'm sorry I. don't want to crush any small business's. dream I. one thing I would say is if I could go. back I would start my business with a.
savings account I started with zero doar. Absol I would have changed that if I. knew better I would have not spent my. unemployment money because that's when I. came up with a business concept. unemployment gave me. $60,000 because at the time during covid. California was giving everyone $600 on. top every single week of what everyone. was getting monthly plus the extra. Federal money yeah so we're getting. around $5 to $6,000 every month wow for. the entirety of 2020 I would have saved.
that money to start a business it was. until the end deal with it instead so my. expenses at the time including my credit. cards were $44,000 so I had an extra, 1,500 every month that I used to buy a. car I got a root canal I bought my. grandma Furniture maybe I I spent a. little on clothes I maybe I spent a. little onth I spent a lot on clothes and. then I took a road trip across. California and then by the end of that. year when unemployment ended I got covid.
finally and I was quarantined for a. month I had $100 left and I thought what. the hell do I do either one go back to. my job as a behavior therapist for. children with autism which is I hated. and I quit and that's how I started this. whole journey and or I can open a. business work for myself and that's what. I decided to do I originally wanted. coffee shop I didn't have money so Juice. Stop I. know I appreciate the entrepreneurial.
spirit this this is the scary part at. some point I think you need to realize. is it worth continuing or not I hope. it's worth continuing I do I'm rooting. for it I'm rooting for you but there's. also the real world and it doesn't. really matter if I want to continue or. if you want it to continue the market. will tell you um so there is that. there's also the fact you need to go. bring in an extra you need to double. your income right now essentially to. make up for uh Little Miss Piggy like no. longer wanting to give any money which. could happen at any time like you that.
$1,000 is not guaranteed might move on. to a different more exciting Kink who. knows so if I were to find other. revenues should I keep going with my. business should I keep the dream alive. should and would and can is completely. different and you won't listen to should. or what I what I will say is that sure. you can if you bring in an extra $1,500. a $2,000 I would shoot for an extra.
$2,000 a month right now cuz I don't. think uh m is going to last for long so. it's just like okay that will at least. know that we have an extra th000 in our. pocket oh so that's all I need 2,000. $2,000 more that's all I need right net. net uh yeah so we can start paying on. our taxes and that's going to take what. feels like forever to pay. off starting negotiating on our. collections one at a time probably. smallest to largest.
mhm that's already that's a whole thing. within itself then start paying off the. personal loans and. merchandise oh my gosh it's is there's a. lot but if you're able to bring an extra. $2,000 a month then you know feel free. to continue this thing but it's going to. be an aggressively long process and I'd. cut out any you do not need until then. and I would eat as cheap as possible. that is healthy when you go through our. budgeting program you're going to find. we're going to give you a menu that is. prepping that you can do $300 for a. single person $250 actually but we. stretch it to $300 by upgrading some.
things in there uh and snacks and. desserts and all that stuff with beans. are beans included I think beans are. included thank you I was hoping there. were beans on there of course mhm mhm. yeah that's great I'm excited to eat. healthy and less I think that might make. a difference that might make a. difference not much maybe like $100 a. month but still 100 is something that's. a th000 a year situation yeah th000 a. year that's something more than a. thousand yeah but can pay someone off.
yeah so make more money and let's get. your Hammer Financial score if you want. your Hammer Financial score it's a link. in the description below it is free what. is happening I. can't. okay spending in a budget wasn't great. Not much went to debt when everything. should be going to debt and you're. eating. now decently but a lot was also going to. the business so it's kind of confusing. three out of 10 debt while you're in. collections immediate 0 out of 10 and. money to taxes so that's 0 out of 10.
emergency fund there's nothing in. savings retirement there's nothing in. realate there's nothing oh that sucks. Hammer Financial score5 out of 10 join. us for the Post show oh my goodness. where she's going to this is going to. get weird but also check out all the. links in the description below there uh. resources that I use or would use in. specific situations including the best. budgeting program in the history of the. internet now join us for the Post show. today on the financial audit post show. you're going to have to freehand for. this cuz I don't think I'm necessarily. into it the pigs are just into being.
called a loser with a small s call me a. loser with a small P Caleb. you you better give me Financial advice. to watch the financial audit post show. click the join button below.