Caleb Hammer Exposes Boogie2988 | Financial Audit

What's up? Ladies and gentlemen of. YouTube, Boogie2988 coming at you live. as again through the power of the. internet. I am an old school YouTuber. that was like one of the first to the. market going back all the way to. 2006 is when I started my YouTube. channel. Where you based out of these. days? I'm living in Fayetteville, Arkansas, which is where I've been for. 25 years. So it makes like So you didn't. do the standard like, "Oh, things are. starting to work in YouTube. Let's move. to LA." Or I know that was a huge thing. a few years ago. I was really tempted.

to, but as I said back at the time, I. was LA poor, Arkansas rich. Now that's. changed a lot because Northwest Arkansas. has the University of Arkansas, go. Razorbacks. We have the home offices of. Walmart. And Walmart did this really. smart thing where they told every. business, "If you want to sell at. Walmart, you have to open an office in. Northwest Arkansas." So there's like. 2,000 offices, small businesses built. We're the home of Tyson Foods. So if.

you're eating chicken in America, you're. probably spending that sending that. money back home to us. And we're the. home of J.B. Hunt, one of the largest. trucking companies. And because all of. those companies are there, including the. Razorback games and all of this other. stuff, you have the. the Walmart children, uh the children of. Sam Walton spending money on the area. It's become a really expensive area to. live in, unfortunately. Yeah. Well, that's the home of all that, but sadly, to be blunt, you're kind of the home of. I think what every YouTuber fears,

right? Yeah. Yeah. The decline. I think. you went You went from, if I'm not. mistaken, millionaire. Correct? A. technical millionaire. close. I was really, really close. At. one point, I had. And I mean like for 2 days, when I say. close. For 2 days, I had about 780, 800,000 dollars in crypto, went to bed one night, and it was worth. half that when I woke up. What were you. in? Uh. So here's my biggest regret. I.

originally invested in Ethereum and this. was based on few friends becoming. Ethereum millionaires. And I had like an. initial investment about $200,000. I put it in and then it fell for the. first time. Yeah, my 200,000 went down. to like 80. And I'm like, oh, you know what? I don't. really need the money right now. I'm. making money. I can live off of that. were you making? 10 to 15,000, I think. A month? Yeah, in a month, right. Incredible, yeah. Yeah, it was. incredible. I mean, incredible wealth. More than you could ever hope to spend, right? Yeah. And eventually that crypto went up to.

pass my investment point. Um got close if I held on to my Ethereum. right now, if I had never needed to dip into it and. I had not gambled on stupid altcoins, uh. I probably have about 1.5 million in. Ethereum right now. Even even still, like I don't even Okay, what year was. that? What year was that? The initial. investment happened in 2019. No, 2000 2019. Yeah. Okay, how much did. you put into Ethereum? 200,000. 200,000.

in 2018. investment was in 2018. Okay. And then the first market crash. 2018, let's say you put it at the. beginning. S&P 500 was worth 271. Now. it's worth 458. It would have almost. doubled, almost doubled to 458. it in like traditional stocks or. traditional. the S&P 500, just following the market. in general. This Was there not a single. person surrounding you? Was there not a. single person just in your YouTube. circle, in the family circle who was. like, "Dude,

I had the opposite. I had the opposite. I had people telling. me, um you should invest in crypto. Everybody I knew was investing. Everyone you knew. Every All of my YouTuber friends, uh. McJuggerNuggets, kid behind the camera, all these people that like, "Look, I've. made millions from crypto. I've made. millions from crypto. Nobody was telling. me that it was too late in the game. Nobody was telling me that I bought. crypto I bought Ethereum at 30 bucks and. now you're going to buy it at 280. Wasn't even too late in the game. It's. just like crypto's a gamble. Yeah. It's. just sort of a gamble. It's I hardly. consider it an investment versus like.

traditional Okay. Okay. So, I mean, not. to make any excuses, but keep in mind, I. didn't come from money. I'm I'm the son. of a coal miner. Me, neither. Right? And so, no one in my. life has ever tried to teach me what to. do with the money or how to do anything. with the money. So, somebody comes. along, and they're like, "Look, I took. my initial million, and I turned it into. 20 million. Yeah. You should do that, too.". That's why I'm excited about this. conversation. Usually on the show, I. just meet with random people who are. they're either part of the audience, or. they're off the street, and I just help. them through the situations. You're an.

interesting case here because. you follow the case of the professional. athlete, the actor, the YouTuber. Yep. Boom. Lots of money comes in. We. put it here, we put it there, we put we. just spend it, spend it, just goes. crazy, then we end up broke. Yeah. It's. the traditional story, and that's why. I'm so excited to have this conversation. is cuz you just followed You followed. that path. I mean, what would you say. your worth today in total? Since you guys are so awesome for. supporting me, I partnered with a. company called Kudos to give some money. back to you. So, stick to the end of.

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and enter the promo code hammer. For. each sign up, we'll throw a dollar into. the pot and one person will win the. grand prize on January 31st to start the. new year's off right. There's a live. counter on the page showing the current. grand prize total, so check it out for. free. The rewards are great, and if you. get the grand prize, it's like a bonus. Christmas gift. The equity in your house is what's. carrying you. Yeah, that's everything. Yeah. My bottom. line comes down to if and when I need to. sell my house, I'll have a nest egg of. probably $300,000. that I can hopefully invest smartly this.

time. and live off of the the dividends. I I. don't I would like to think I wouldn't. screw up a second time. I wouldn't like. buy crypto a second time. Crypto, but. like what next? Like. would you say you've become educated on. personal finances since then? I at least know not to do that. And I. think the other thing. more not to do. other thing to do is hire a. professional. Yes. Right? Yeah, get that. financial advisor in your corner. That. is like the key. Okay. Well, okay. So, I just want to. start with the basic things for where we. are today. YouTube ad revenue. That's.

the big boy. That's what's That's what's. bringing in the primary cash money's. right now. And I showed you my numbers. I made. about 44,000 in the last year, but Which. gives us $3,724. a month on average, but we know a lot of. that has to. huge spike came from this latest. documentary, right? Okay, the. documentary link below. Mike's awesome. And that's that spike absolutely will. not be sustainable. Now, I have a few. other projects. I got a great podcast in. the works called the the Local Cow. podcast. We just made our fifth episode. It's profitable. I think that's going to.

be an income bringing. I That's easily. going to bring in probably two grand a. month, I think, within the next 6. months. So, that's going to be a nice. lifeline. Um my YouTube numbers, I think, are. you're to settle at probably $3,000. a month, but if you look at my finances. if we've gotten into them. to be comfortable. uh. twenty-one hundred dollars mortgage uh. eight hundred dollars a month health. insurance. Yeah. um utilities bills everything. I need about seven thousand dollars a. month to maintain my existing lifestyle.

which I just don't think we can do. Oh. well well trust me we will get there. Patreon like honestly what's even the. point a hundred twenty-two bucks a month. it's like. yeah I never promoted. anything? No I didn't. on there? No I never promoted it. See. okay to diversify some of the income. stream here we launched a Patreon and we. did a budgeting program but we didn't. just do them as cash grabs we actually. thought of them as potential future. business avenues and the way that we did. them did them is we put way more value. into them than what we were charging. Yeah of course yeah. So my my Patreon if.

you go and read it it originally said. this is an AdSense forgiveness Patreon. If you want to give me five dollars a. month because you use ad blocker please. do and that was all I never promoted it. I never push it. I never for the most. part. fans. You do have dedicated fans. You've. gone from almost four million. subscribers down to. or almost five million subscribers down. to going to fall below four potentially. Yeah it probably will. Probably within. the by the time this airs. there's a very real chance yeah. But.

with that like there are there there's. clearly people that are still very. dedicated boogie heads whatever you. might call them. I did ask these people for help like a. year ago and the internet shamed. cuz I provided. no value. Uh. I mean like one time I threw myself on. the I took a huge hit to my health and I. was like got really scared because these. medical bills are starting to pile up. and this one time I came out and I'm. like hey. I really could use some help. Wasn't. there the oops I just accidentally.

bought a hundred thousand dollar Tesla. please give me money? was a bit like I never bought a Tesla I. never yeah. You didn't get a Tesla? No, of course. not. Oh, interesting. I'm driving a Toyota hybrid Corolla that. I bought used for 20 K. Yeah, I saw the. Toyota. I was like, "Did he get rid of. his Tesla?" Never had one. Never had. one. So, that's an internet rumor. I. mean, so I did. I went with my friend McJuggerNuggets to. a Tesla dealership. He test drove, I. test drove, right? Uh he's like, "I'm. going to buy one. I hope you buy one. Let's go look into getting you one." And.

I got this crazy idea in my head. You. know, it's showroom experience, right? I'm like, "I'm going to get a Model X. with the wing doors." And then I called. my friend at the Celebrity Car Museum in. Branson. Check him out. Um and I'm like, "How much to kit it out as a modern-day. DeLorean?". I said, "Maybe 10, 15, maybe 20. Let's. put the money into it." And I thought. I'd have a cool show car, right? Yeah. Uh we're coming off the back of. uh Ready Player One. The DeLorean was. all the rage again. Back to the Future. anniversaries uh just happened. I'm. like, "This seems like a a smart. investment." While I was in the.

showroom. Now, I got home. and I put a $2,500 investment um deposit. down. And I'm like, crunching the. numbers like, "I'll I'll spend $50,000. today on a a down payment. I'll loan out. the other 50. This is a stupid. decision.". It would have been aggressively stupid. I'm so glad you didn't do that. yeah. So, I am so glad you didn't do. that. That was one of the scariest. things that I thought I heard. that point, why not just play the. character? Yeah. At that point, just let the internet do. what the internet's going to do, right? Yeah. I didn't expect front page of.

Reddit. That was wild. And to this day, I think. it's still fascinating that people think. I bought that car. I can't believe you. thought I bought that car. bought that car. The worst part about it. is, and anybody out there, like, if you. want to buy a luxury car, buy a luxury. car. I don't I don't think it's a smart. decision. But if you're going to buy a. luxury car, don't buy a Tesla. Don't. want a Tesla. I'm considering getting a. Tesla. They're so expensive for repairs. If. someone dents that vehicle, it's so They. know it's a luxury car, so they make. sure they upcharge you every chance they.

get. If you want to go the fastest. possible speed, there's a feed unlock. that. It can do it. It's just a software. governor. They charge you to let it have. the ludicrous speed. Like it's it's a. money it's a one of the worst money. sinks I think you can make. I've. routinely made fun. I mean, unless it's like a beater that's. getting you from A and B or just safety. measures or room for family. Everything. beyond that starts becoming a want. That's why so luxury vehicles are girls. are okay if they're, you know, That's. when I bought the newest car I've ever. owned was this uh hybrid. Yeah. And it.

had one previous owner. Uh and I bought it just before all the. prices went crazy. So, I got it for 20. 20 21,000. Uh I wanted to build credit, so I put. 12,000 down. I loaned out the rest. You. still own it? I think maybe a thousand. or two thousand. It's in the. neighborhood of not very much. Okay. Um Facebook, 76 bucks comes in a month. Again, what are we doing there? Are we. just posting some clips and just. nothing's happening or. Oh, uh no, this is Meta PC. So, this is. a sponsor that I have. We get uh 5%.

Yeah, we get 5% of uh the sales that we. make in a month. So, some months it's. low like this, 76 bucks. On a really. good month, it's maybe 300. Okay, cool. Yeah. Let's keep going through the. income. Twitch, again, not. For some reason, I would have thought. you were doing better on Twitch. And here's the thing, it's because. number one, I don't stream as often as I. like. Why? Um I get very anxious doing. it. Uh most of the bad things that I. ever said, I said on Twitch, right? Yeah. That's because I have this trying.

to trying to totally break character. with you here. I have this very Andy. Kaufman-esque character. Also that and. I'm an idiot. And so, I will either push. the edge because I grew up on Andy. Kaufman, Sam Kinison, Richard Pryor, George Carlin, um Andrew Dice Clay. I love shock humor. I listen to shock humor still to this. day. Mhm. Um But people didn't like it when. you did it. No, then it is they they like it coming. from a shock jock or a shock comedian, not the person that some people branded. as the Mister Rogers of YouTube. You. can't do that. Bob Saget did it, but I'm.

no Bob Saget, right? So, why do we do it. then? Stupidity. I I It just, you know, but on top of. that, uh if you watch one of my live. streams, I mention. donations, subs, stuff like that maybe. once in a 2-hour stream cuz I'm never. against the character I play, against. the reputation I have. I don't like crowdsourcing. But, you. refuse to get a job and you need money. to survive. of a refuse. So, we have to do. something. It's less of a refuse and. more that I. I just don't know if I could. I do have.

good news about that, though. Yeah. What? You're not going to have 4 million. subscribers for long, so you can get a. job now. Sorry, buds. I mean, that's not something I would. actually ever say, you know. Uh merch, people aren't really buying your merch. Yeah. Yeah. I mean, I don't know. I'd. I'd take 20 bucks free a month, you. know, for selling merch. as well, but when when I start seeing. people on this show, especially business. people, we're just so scattered in. different pots. and little's coming in, little's coming. in here. So, it's not adding up to much. instead of Again, this is what I was.

going to start bringing up with Twitch. Like you say, "I'm not really on there. much, and you know, things have been. consequence and I'm consequence from. what I've said and then I'm feeling. anxious about it." Then I'm just like, "Okay, we're done with Twitch. Done with. Twitch. Who even gives. Focus all in what we know can be the. revenue builder all time. to be YouTube ads. Yes, it does. This is absolutely the. biggest number that we have seen here so. far. Now, uh would I be able to They're. not going to be able to see it, but. would I be able to see the studio app? Yeah, sure. Sure. I think I showed you a screenshot. Uh. yes, I just Like I gave you a. screenshot. things I'm curious about. Private, for.

my eyes only, not for you. Okay. So, what I'm mostly curious about, I. want to go lifetime. So, dude, okay, this is what the revenue looks like. YouTube revenue starts, right? Cuz, you. know, obviously, first of all, when. YouTube started it was. I mean, the first 3 years that first 3. years I started on YouTube there was no. partner program. Partner program didn't. exist. So, we go like. and then just trickle trickle trickle. trickle trickle trickle trickle trickle. trickle trickle. to where we are today is what your graph.

looks like that. That scares me. Yeah, I had like two. good years. If If you look at the. 17-year history, I had like two really. good years. You've made 1.3 million dollars. Incredible. In 17 years. And which comes out to what a year I. know, but that's still an incredible. amount of money. Well, not a public math. guy. What did I say? 1.3? Yeah. Over 17? 17 was when you started earning or. 15 would have been when I started. earning. Um yeah, 80 86,000 dollars a. year. Well, I mean, you're above the. median household income.

out of disability, which is what I was. on when I started the YouTube channel, right? But this managing money correctly and. not spending. a lot of it on. prostitution would equate to us having. at least a little bit of money now. Well, again, to address that important. part of the doc Yeah. number one, those numbers are rounded. up. Mike admitted that those numbers are. are rounded up and adjusted. Uh. secondly, the majority of that money was. spent traveling. And I went to the Game.

Awards, I went to Disney, I went It was. still a huge waste of money. But I think. I think if we're dropping character and. I think if we're being genuine here, I. think it's I started I tried to get a. travel channel off the ground and try to. do what my friend Jacob the Carpetbagger. and Adam the Woo do. And I thought. people would watch me go to Disneyland, right? I'm a big fat weird guy trying to. to do this to the Turns out they did not. want to watch me do that. So, if you. contributed of the, you know, 80. whatever that you're making on a monthly. basis, uh 20% on a monthly basis, which. is like just very basic recommended, uh.

contributing to just the standard stock. market 8% return, uh you know, being a little more. conservative there from beginning to. end, you know, up years down years all. combined 8%. Sure. Over the course of the uh 15. years, 17,000 dollars a year would. equate to almost half a million dollars. Now, Now, obviously we continue and just let. that continue to compound and hopefully. throw in more things in there, we could. have gotten you to a point where, you. know, mid-60s retirement. What scares me. now What scares me now I'm not going to. talk about the age thing. Like,

whatever. This is This is financial, man. I'm not making it to mid-60s. Let's. Let's just be honest. Oh, well, that's what I want to talk. about. I'm not talking about the uh I. know a lot of people wanted. Okay. This is financial audit, not. dating audit. So, she's going to live longer than you. Sure. You guys might get married, maybe. Sure. Probably. What do we do when. you're no longer here and you've left. nothing to a widow? Well, my process has. always been when I met her.

without getting into her personal. history too much cuz this is not. necessarily the place for it, but. um when I met her, she was struggling. with severe social anxiety. She was. struggling with um. She's getting her life together. Uh when. I met her, I I was talking to my friend Michael. Kidbana Camera and his plan was just be. the person you needed when you were in. that position cuz that's who I was when. I was her age. When I was 20 years old. just like her, um I. couldn't function in the world. I I played EverQuest and World of.

Warcraft and did I built terrible. websites and made a a a barely passable. income. What does this have to do with. you leaving her anything? Well, I hold. on. I'm getting to that. Okay. If I left her destitute, Yeah. my. plan is to still leave her better off. than she was. Okay. Well, if we're. responsible with money, you actually. leave her a nest egg instead. of just, you know, putting life. insurance on. I'm just saying right now that's a. conversation her and I have had and like.

like that's a very real possibility and. she's chosen to stay with me cuz she's. not in it for the money, right? She's in. it for the life experience. She's in it. for the love. She's in it for the. companionship. She's in it to become a. better and stronger person live. partnership caring about the other. partner, you want to instead of putting. now now with instant gratification, we. want to leave something. here, right? That's why I'm sitting down. with you today because I'm hoping you. can help me create a financial plan that. can That's why I don't call it out. immediately so you don't do that. Yeah, yeah, yeah. Uh okay, so you have a.

mortgage. Now this is your biggest. equity position. What do we think the house is worth. today? Zillow tells me 480. Um one of. the houses in the neighborhood just sold. for a little over 5 million. It's the. same size or sorry. uh half a million. 500,000. Um and it's it's the same size as mine. It's literally across the street and it. just sold. So I think there's a very. real chance that I need to put maybe. 20,000 of work into it. We need new. carpets, we need paint, um stuff like. that. There's hole in the ceiling and. and some, you know, Did you almost lose.

this? Do what? Did you almost lose this house. at one point? Okay. Yeah. That's always I will bend. over backwards to make sure that. mortgage gets paid. Yeah. Uh if I have. to sell everything I own, if I have to. and I have a we've we've made some. concessions that I'm not entirely. comfortable with sharing um because the. people involved are private people. But. I did move a roommate in. He's been. helping a little bit here and there. Um. I had a roommate of the last 25 years. He's finally been able to kick in a. little bit as well. So we are finding.

ways to So there's two roommates. Yeah. Okay. Uh what was the purchase price of this. house? Original purchase price 275. and then I refinanced in 2018 because of. my divorce. So the loan in 2018 became. 200,000 cuz I put more money down cuz I. had money to to put down. So I got it. down to 207. And we're at 4.3%. What are we going to. refinance? You're going to get like hit. to 8% if you refinance. uh the plan would be to try to bring the.

initial monthly payment down. But I. really don't want to have to ever do. that. um because we're 5 years into a 15-year. So, we paid so much principal off. Wow, you did 15-year? Yeah. I was making good. money at the time, so why not do. 15-years? But now we're from 2018 to. now, we're 5 years into a 15-year. Now, I'm no math wizard, and you are the math. wizard, but that means I paid a good. amount of principal off, right? I'm. earning a very solid amount of equity by. staying in that house, right? Well, you definitely pay more interest. up front, but yes, 5-year into 15-year.

is definitely starting to see more. benefit. Right. Absolutely. Um, well, I love the. rate though. Yeah, couldn't get a better. rate, right? We would like somebody but. like. credit, I could not have gotten a better. rate at the time. But. the reality of it is, moving out of that. house and trying to stay in Northwest. Arkansas near my medical professionals. where I need to stay You have to stay. Yeah, it's it's a very stupid idea. Um, there is very little in the area. I. might be able to get an apartment for. $900 a month. Um, I might be able to get. a duplex for $1,300 a month, but paying.

$2,100 in and then having some of that. being brought in by roommates, I'm. paying as much to live in this house and. build equity Mhm. as I would be giving. it all to a landlord instead. If anything, I of course I don't have. the full financial history of like the. last few years, but if anything that I. know just from just internet, this was. the good choice. Oh, yeah. This is the. smartest choice I've ever made. choice. And uh, 30-year fixed uh, or. 15-year fixed, there's different. philosophies on that. I personally go. 30-year cuz I just feel like I can.

uh, I just make a better return on. investment putting the rest of the money. somewhere else. But either way, I'm. totally okay with this. To limiting. risk, knowing your position, and knowing. that the YouTube career can be, you. know, a quick woo. I would have like, "Okay, we made 1. whatever 1.3 million and we owed a total. of 208,000. I wish we could have just. taken care of this and lowered your risk. profile. Yeah, yeah. over that time instead of. instead of doing the traveling and stuff. like that. Where all my money's been. going, I pay a little extra towards this. on a monthly basis, but where my money's. mostly been going is the into cash.

flowing. properties that then pay for this if. YouTube goes away completely. Yeah. Yeah. So, that's that's I wish we were. risk-mitigating. In turn but instead of. that, we were going into crypto. So, nobody ever Nobody ever likes this. answer. Okay. Um because it's not a good. one. And nothing I'm about to say is an. excuse. No, let's hear it. But the headspace. that I was in in 2018. was not a very good one. And so, I was not planning for a.

potential future cuz I did not feel that. I had. Yeah. uh in. 2018 Christmas, I had planned to take my. own life. Mhm. And I made it to that Christmas. date, and I decided to postpone it for. the dumbest reasons. Uh Christmas day, I'm sitting there alone. I have my dog in my lap, and my. roommate's out of town, and I realized. my dog's going to be sitting there with. my dead body for 3 days. And I'm like, you know what? I need to wait. And I I rescheduled to July 24th 2019, which is my birthday.

And I thought in that process I would. travel a lot so that my roommate and my. dog, who had never really bonded, would. begin to bond. So, if you look at my. travel scan plans in January, I spent a. couple of weekends away. In February, it. became 3-day weekends. And then in. March, it became 4-day weekends. And by. July rolled around, I spent 2 weeks in. California saying goodbye to my friends. with the plans of going home. to end myself. I'm very glad you didn't, by the way. But I ended up doing um. some. which I do not recommend. Right? We we.

don't casually do. I did it under the. I I did that with a. guidance of a shaman. And my original. trip was. in 2019. And I realized that I had to. stay on the path that I was on. I I. realized that this was what I were for. better or worse, no matter how hard this. was going to be, I had to stay here and. do it. Now, here I am 4 years later. doing it. Um and it's not been great. It's It's not been And I went home and. COVID happened and Well, I have a. question for you for the future of this.

conversation and what we're trying to do. here. Are you willing to and I think it might. be for like the true first time from. just conversations I've watched. preparing for this and then obviously. this conversation so far. Are we willing. to just let go of the past? Past does. not define us. We are human beings that. are on this life on the They have a life. temporary on this planet that we are. growing and let's look for the future. now. We're not talking about the past. Like we're talking about the financial. decisions I was making in 2019. So like I uploaded But if you're asking.

if I have personally moved on Yeah. But. are we willing to in this conversation? Like are we willing to Sure. Unless you. ask me why I was making these financial. decisions in 2019, I'm going to tell. you, kid. I want to tell you. That's. fair enough. Right? No, that's fair. enough. But when it comes to I uploaded. this many YouTube videos then and stuff. like that. Like, okay, let's like what. can we do in the future just make this. awesome so that we can make sure you're. financially secure. But I effectively I. had a nervous breakdown at the end of. 2019 and I don't even think you could. put this in your video, but I said.

something extremely inflammatory. I said. that the people who had spent the last. year harassing me, getting my sponsors. to to stop supporting me, attacking my fans, and and and attacking me personally. I. said that they were worse than. Which is not a thing you can say, right? It's also not true. It's hyperbole. I. didn't mean it. But that's I said this. on live stream. Right. can't take that. back once the cat's out of the bag. You. and live stream Yeah, right, right? Which used to be extremely lucrative. I.

used to make five grand a month, 10. grand a month from live streaming when I. was really. good at it and really pushing it. I. would live stream for three hours a. night, five nights a week, six nights a. week and would bring home five, 10K. sometimes. I was talking to a very. successful streamer a few weeks ago. about you and he thinks you can make. like 20K a month like keep my foot out. of my mouth and that's something I have. so much trouble doing. Even there, I. mean like people. probably rightfully so, but for whatever. reason, I think I'm held to a a standard.

that I don't know that I'm good enough. for. I'm going to say stupid and. I'm going. to everything. You you you feed them. You feed them. It's the I haven't opened. Tik Tok in like 2 months. So, it's like. Yeah, a lot of the things that you want. to a lot of things you want to talk. about have really changed since March in. this last year. What happened in March? Um again, I went. into some really intense therapy. I. combined it with. and the the mentorship of a shaman. Okay. And those three things. I I if you look at the statistics,

modern science is showing and I get I. can recommend a a documentary for. anybody who's interested, How to Change. Your Mind, it's available on Netflix. Um. have the capacity to cure post-traumatic. stress disorder, which was my biggest. issue, right? Um it's one of the reasons. I was stuck in these negative thought. patterns. And so, with the combination. of doing intensive twice-a-week therapy. with a traditional therapist, um. while combining that with seeing a. shaman and taking. the puts your brain into a a place of. neuroplasticity,

um and so, you can learn finally, right? And then you do that with the therapy. and and you can learn from the actual. therapist. In this last year, I've made. such tremendous strides. It's. Yeah. It's uh right. So, Whatever works. for you, man. I would old boogie a year ago, the. egotistical, um self-centered, extremely defensive. man. you're different? Considerably. Okay. Yeah, considerably. Okay. Uh I don't. here's how I know I'm different. I. wouldn't have been here. If you'd. invited me to do this in December of.

last year, I would have laughed at you. Why? Because this is humiliating. This is. difficult. This is hard. I have to. swallow a tremendous amount of uh Sure, it's it's it's How humiliating is it to. look at every mistake you've ever made, printed out, and be called out on your. on it to thousands of people to see. Hundreds of thousands. Hundreds of thousands, right? Please. I hope I hope where I try to. structure it the most episodes is. hopefully we end towards a positive. note. That is I hope so. That is where I. want to go. Like the future and I knew.

But again, I knew walking down here that. this was a hard pill to swallow. It's. very brave. Right? But But I'm telling you. never would have even considered doing. this. Uh this, okay. So, could you tell. me what this is, please? This is either. the car loan or one of the dumbest. purchases I've ever made. What's one of the dumbest purchases. you've ever made? This is the car loan. Okay. Uh We'll get to the dumb purchase. soon. dumb purchase was. a dog. Well, I have two dogs. They're. great. I spent way too much on a dog.

How much? He's a purebred miniature. poodle. Sure. Which he generally will. cost you about three 3,000 to 3,500. Okay. I bought him in a pet store, so I. paid five. How much money did you have at the time? I had about $180,000 in the bank. Oh. Yeah. That's okay. Uh but again, I was. in the mind that I needed to build. credit, so I took out a loan. What the. Is that the personal loan? Yeah, that's. the personal loan. Dude, you're killing. it. That's the I mean, that's the loan. That's the That's the secret name. It's. the secret name? Yeah, there you go. So, I'm going to call this the dog loan.

That's the dog loan. What's Do. So, what's remaining on the car? Do you. remember? The what? Do you know what's remaining on the car. loan? The car? I don't know. I We should. We either on the last payment or like. the last two or three, I think. Okay, we. might We might take a look into it. Uh. and the personal loan has about a. thousand, right? Left on it? Something. like that? That sounds right, yeah. There is another small loan. What? Uh. there's a third one that you're seeing. here. Credit card? Uh no, it's a bed. I. am. It's a what? I had to get an adjustable. bed for my back and leg issues, and my. doctor insisted that I looked into.

getting one. I looked into getting one, so I took out. paid like uh. 500, 600 down, and then took out like a. $2,500 loan. 20. When did you get it? July. Interest rate? Mhm, 6%. I think that's correct. What's. the monthly payment? I think it's the 112 you're looking at. Oh, so that was the secret. Yeah, secret is usually a store finance. Okay. Credit card I want to take a look. at in a second. Could you pull up your. credit card app for me, please? Sure, yeah. I think you I think you've seen it.

already, but to show you, I only own. like $900 on it. And it's uh it's just a. utility card for the business. So, it. gets used and it gets paid off. It gets used and it gets paid off. Do. you ever hold balances? Over the last. couple of months, yes, because it's been. thinner than I would have liked, but I. plan to pay it off with this check on. the 20th, so. But it's only mhm. Okay. It just scares me cuz it's only getting. thinner except for that spike. Yeah. Well, that spike is going to pay off the. Yeah, there's the.

Okay, the credit card and the balance of. like 950 bucks. Yeah, credit line available $31.12. Yeah. Kill me. Okay. Uh. Again, I am still trying to do some. credit card stuff, so I will pay off a. little bit. a credit card score? You already have a. house. Um because eventually I will have. to sell the house and I'll have to move. somewhere when I do. Why will you have to sell the house? A. $2,100 mortgage payment is really hard. saying you're not going to be able to. afford the payment. I don't know. I am hoping I'm hoping. that I will, but again, I'm always.

planning for the possibility that I. won't. Right. Late payment fee, October. 31st. Late payment fee, $25. Late Late. payment fee, December 1st. This just. happened. Yep. Oh, me. October was a very lean. month. Oh, and you have a brand new iPhone. Dude, this phone was free. Really? Yeah, Verizon traded us an iPhone 7 for that. Mhm, very important business purpose. Uh. Chick-fil-A. Lucky it was all the way. back home. Dude, you eat. Don't you eat? I eat.

People eat. I definitely eat. I eat a. lot. No, you don't have to eat out if we. can't afford to live in. Dude, I can't cook for I can't cook for. three people for cheaper than $12. I can't cook for three people for. cheaper than $12. Wait a second. Let me get my little. handy dandy calculator. First of all, that was three people? You did not feed three people on $12. Chicken sandwich is five bucks. So you. just got three chicken sandwiches. You. didn't get any fries. You got nothing. You feed three people on five bucks in a. hurry. Deal. The chicken sandwiches, the. chicken patties, we have HEB. I don't.

know what your version is, but you can. get the freaking frozen chicken patties, put them in the oven, and I promise they. are individually less than $5. More of. an We have Walmart and they are not good. chicken patties and that is quicker, more convenient, taste. There you go. And on top of that. So now there's more reasons. It's affordable, right? You We eat out. two or three days a week. It adds up to. $15. Yeah, 15, 30, 45 bucks. It adds up to. the card? Well, I yeah, that's true. Late payment. It's not affordable if we can't pay the. card. Do I look like the kind of person that's.

ever made sound decisions about food? No, but that's why I'm trying to That's. why I'm trying to get it across. But this is my weakness. This is always. going to be my biggest weakness. No. No, no, no. You're You just You just. allowed yourself infinite excuses for. the future and try to take. responsibility. true. Yeah. Yeah, so why not like. actually take responsibility and say, "Hey, we cannot afford to live right. now. We don't get to afford to go out. and get that. we're traveling, guess what we had for. breakfast today? What did you have for breakfast today? Chick-fil-A. We used the app so they. gave us free nuggets. What about the continental breakfast at. the hotel? Free. That's true, actually.

Yeah. It's usually just bowl cereal. Yes, and. that's food that goes in your stomach. for free! For free! You can't afford to pay this. Boogie. I mean, that's true. That's true. If I If If there's anything I can get. across in this episode for you to just. walk away with, buddy, if we cannot. afford to pay something, if we can't. even afford to pay off the credit card, we're getting late fees, and we're just. getting. I mean, I have a. I have a food budget of about $300 a.

month and then we use that. Groceries? And includes groceries most. of the time, yeah. We do eat We do eat. groceries at home. We have like. some of the inexpensive meals we make. We make tacos, we make shrimp pasta. Uh. If I'm really feeling splurge-y, we'll. make burgers at home. Um we eat at home the majority of the. time. Good. Yeah. Unfortunately, we just can't. afford to probably go out at all right. now. Yeah. I'm I'm really sorry. This sucks. I mean, it's true, yeah. Um so, okay. But it would have been more expensive to. drive back to Fayetteville and and make.

a taco than it would have been to go to. Chick-fil-A today. But you're right, we. could have eaten cereal at the buffet. Yes. I was about to I was about to flip. the out. Kill me. Okay. What I can't see is the interest. accruing. Obviously, we have the late. fees, but the mobile apps love to try to. hide how much interest is accruing. I I just pay the the the minimum balance. every month and and the minimum fee is. generally $25. what you meant by paying it every month? The minimum balance. That's all. Sometimes I pay off more, yeah, for. sure. Oh. Okay, well, that's really bad. If we. hold a card that's accruing interest,

then we can't afford to go out to eat. once. We just can't. That's true. Yeah. Because interest is. accruing. This will get paid off on the 20th. But. this this huge um All of it? All of it, yeah. The whole thing. Huge? Yeah, yeah. From what? From the spike that came in. AdSense from Oh, like the $6,000? That's. Okay. I mean, 7,800 is what we made in. November, which was really awesome. I I. I hope we can maintain that, but. Is this a debt of the preferred club? That's the house loan, right? Uh sorry. Yeah, yeah. It's my current checking. balance. So, that's where That scares. me. Yeah. Anything less than a thousand.

Yeah. Okay. Exxon, fair. Came down here. McDonald's, less fair. Yeah. Chick-fil-A, Oh, wait till you get to the Starbucks. Then you're going to go real mad. I'm. not one of those people that freaks out. about Starbucks. $5 $5 every couple of. days. I love me a pink drink. I love me. a a No, well, I'll freak out about that. cuz you can't afford it. Yeah. Well, Uh like I'm not one of those people that. when people can afford it, I don't freak. out. As long as you're hitting your. investing goals that are necessary to. survive. Sure. Cameo, I'm glad that came. in. Okay. Yeah, yeah, yeah. So, that's a little. extra. Yeah. 100 bucks. You can book me. at cameo.com. StreamYard, we're paying.

for it. Yeah, barely made it back. Yeah, it's necessary for the podcast. That's. where we film there. Uh utilities, yep, that's fair. Can't can't hate against no. utilities. Same with gas. Walmart, you. can never really tell what's being. purchased from Walmart. of my Walmart purchases tend to be meds. I'm on a lot of meds. The most expensive. which is my testosterone, which is $200. a month. With your medical issues, do. you think McDonald's, Papa John's, Starbucks, McDonald's, Chick-fil-A, all. in. all being processed within a couple days.

time is helping? No, not at all. It's. not helping your wallet, either. No, not. at all. Why are you still doing it? If. we know we're killing ourselves and. we're financially killing ourselves, why. do you think you're still doing it? I wouldn't weigh 400 lb if I knew the. answer to that question. Okay, well, you obviously had discipline. for a bit, though, cuz you did go. through the surgery, which is very. difficult. Well, the surgery did its. job, which is to say uh it extremely. restricted my stomach and thing. And it. still does to this day. Okay, and in a. lot of the American versions, don't they. require to you to lose a good amount up.

front before you have to get it? Okay, so you had the discipline to do that. Um. well, it was a lot easier when um. I walked into a an emergency room with a. blood pressure of 280 over 180. And they're like, "Hey, you're dying. now." You're not dying eventually. You're dying now. But you kind of are. I mean, this. you said you're not going to live that. long. As unfortunate as this is, this is the. healthiest I've ever been. Well, you. said you're not. you don't feel like you're going to be. here in your 60s. Well, that's just the. stark reality of when you've done what.

I've done to my body. I know, that just to me that feels like. now. That's her. I I see this 15, 20 years from now, cuz. that's what it is. Certainly not. Well, you're you're 50, 60, it's not 20 years from now. Well, I. was mid-60s is what we're saying, right? So, that's 15, 20 years from now. Starbucks. Yeah, Starbucks. I can't. afford it. There's lots of Starbucks. Tokyo House, it's very expensive there. like bucks. Business dinner. Well. That one was. write-off. Well. Write off of what? Prime video, Starbucks, Starbucks, not.

even a full month back yet. Starbucks is. a lot. Arby's. At least get food that. tastes like something. Hey. Let me tell. you a little bit of something about. Arby's, okay? Good fries? They have very. good fries. But recently, I've been. getting to realize the value that you. get from Arby's is surprising how much. food you get. for your amount of investment. Which. actually really surprised me about. It. doesn't taste good. I want to make it. very abundantly clear. But again, when you're feeding multiple. people, you can save a lot of money at Arby's. Wait until you hear about the grocery.

store. It'll blow your mind. Burger King, Netflix, nothing good on. there anyway, Starbucks. I just canceled. Netflix, actually. Good. Good lad. I canceled Netflix and I. canceled um. Hulu. And the only thing I have now is Disney. Plus, which we watch literally every. day. Uh and Amazon Prime, which I pay for for. the shipping and for the things that we. need anyway. Starbucks, Starbucks, more. Arby's. It's all food. I mean like I can. save you all the scrolling. It's all. food. But we're not even halfway there a. month. This This is This is what I.

feared going in here. So, we have a. credit card. Sure. We have a credit card. that and we weren't able to do the math. that we typically do, but I would not be. surprised if you did not go out and have. these $25 drops every single day, uh 12. to 25, something around there. Yeah, it's almost Yeah, we we spend about 12. to $15 on on food a day. Let's call it. 15. Yeah, let's call it 15. That's. actually fair for you. Let's call it 30. We could have paid off uh. well. it Oh, yeah, 30 days. Yeah, yeah, sure. Yeah, we could have paid off well half.

Now you throw the Starbucks in there and. you throw the business dinner in there, even if you're writing it off, we. probably could have paid off the credit. card that is accruing interest and that. we're missing fees. By the way, if we're getting hit with late fees, Oh, yeah, that's the worst way I mean like. any. getting Starbucks, any financial show on. the planet will tell you if you're. getting charged late fees or credit card. interest. or loan interest, uh then you can't be spending Then I'm. struggling here. Do you give Do you. care? I do. It's uh again. Then stop being adult. Act your age is. what I would say. I mean, that's fair.

Uh again, food has not been a area that. I have been very successful at. controlling. Trust me, I can't really talk about it. either. Dude, let me tell you I At least. I can afford it. I've taken It's BIGGER THAN YOU. OKAY? ALL RIGHT. Listen to me, dude. I've eaten more than. you at a buffet before. So, you Please. don't in my bathroom, please. You I I appreciate that you think you. know what it's like to be addicted to. food. I promise you you don't. I'll be honest, one of my big struggles.

is on a daily basis. Like, I won't eat a. ton during the day, but then I'll get. something fatty, greasy, sweet, and then. I binge a massive portion in the. evening. That is my typical issue that. happens. And I I yo-yo 30, 40 lbs. constantly. I'll be good for a while, and then I'll yo-yo. So, I can't talk. about that. I'm The only reason I'm not 600 lbs. again is because the surgery's doing its. job. Can I ask how much you weigh? 400. Yeah. Okay. Well, good job. lowest ever was 330. Um I got back up to. 400. This is where I've stayed. Yeah. With a within a a 20-lb variance. I've. gone down to 380, and I've gone back up.

to 400. your doctor want you to be? I mean, ideally, he'd like me to be my ideal. weight of like 175, right? Like, that's. what everybody would want. Um we're talking knee replacement. surgery when I get home. How much is. that going to cost? I think it's not. even I I hopefully Blue Cross Blue. Shield will cover it. I. pay $800 a month for the best insurance. I can afford because I absolutely have. no choice, right? Yeah. Um And you. mentioned deductible. Do what? I meet my. deductible within the first like 2. months most of the time, yeah. Lots of Amazons and Panda Express. Yeah.

Gas You must drive a lot. We don't drive a lot, but we we buy a. tank a week, give or take. Yeah, take a. cuz. So, do you go in there and get a bunch. of drinks then? Cuz I'm seeing like gas. stations a lot. I don't go into Yeah. Cuz I'm seriously. like 2 weeks back, and I've seen like. five gas stations. Well, we did travel. here. Um so we needed to fill up at. home. We filled up here. Yeah, but that was yesterday. Like I'm. talking in the last 2 weeks. Starbucks, Starbucks, Burger King, Starbucks. know. Last 2 weeks I was on my way to. Starbucks? Uh last month I was on my way. to um. Cleveland, Ohio to finish this. documentary. So that's probably maybe.

what you're saying. But no, we The documentary that we. talked about? The one that everyone has. seen? Yeah. I I I generally but I we. generally don't fill up the tank once a. week. It's a hybrid. We I mean Look, you'd have to drive 555 miles a tank is. what I get. So. Okay, I'm struggling with the eating out. once a day thing because now that I'm. scrolling through here, I'm seeing about. two to three if we're considering. Starbucks and we're considering uh. unless this is when they're hitting. But. seriously, scroll here like 13, 14, 15. Like these are just individual days. 16. And there is well, two, three in each.

think that's probably more when they're. hitting. But even if that's when they're hitting, still since this is actually out day by. day and three are hitting a day, even if. they're coming from a previous day. we average like $15 on on fast food a. day. Yeah, but I'm also kind of. struggling with that because if we go. here, okay, yeah, middle of November, uh Golden Corral. $62 at Golden Corral. But okay, we'll call that an oddity, right? We just we went to Golden Corral. Well, I mean it was. I invited, you. know, somebody out to the my my editor. Me and my friend Flint and and my. girlfriend went out. You pay your editor? When I need to,

yeah. Yeah, when he's when he's got a. when he's got a project that we need him. to work on. Why don't you Why Why aren't. you editing your own stuff? You have. time, I assume. Um he's incredibly better at it. And so. if I have an actual project that needs. to get done, and he works for. minimum wage for me, to be very clear, because he's a friend. So but. occasionally, he'll get a business. dinner to talk projects and stuff. Uh. and then we're getting back to utility. So we've gone close to a month. So yeah, minimum once a day. And then you throw you throw an extra $5.

from Starbucks on there as well, sometimes. Sometimes in a day. Yeah. So. let's Let's it 20. Let's call it 20. 20? But again, most of the time I'm feeding. two or three people off of this money. But that's 15 is like that's like the. minimum we're spending a day at 500. Let's call it at that point $600 a month. on food. One second. So minimum 15 a day. plus probably five for Starbucks every. other day, so 2.5 a day. So. then we saw. about once a week, maybe twice a week. sometimes, there's that Dave & Buster's,

there's the Golden Corral, there's that. that other thing. So something that. throws off the average of 15 a day. turning it to what would probably be. evenly distributed 20 25 dollars a day. throwing the Starbucks maybe 30 dollars. a day on average. Sure, yeah, yeah. So if if we actually. start going off of that and again, I. wasn't able to do the normal math that I. was able to do before most episodes, we're looking closer like 900 bucks a. month and I wouldn't be surprised. Let's. let's call it that then. Yeah, I mean. that's definitely there's definitely. room to cut. I I included any time I. talk about these budgets online, I. generally say 600 for this stuff, but.

900 might be more realistic. But you can't afford 600. That's true. That's true. So you said you're feeding multiple. people. I understand obviously. girlfriend situation. Okay. Sure. Who. else are we feeding? Um. so again, I my roommates mostly like to remain. private and on social media. So I do have some difficulty divulging. the arrangements that we've made. In exchange for. a lot of things that I physically cannot.

do. I can't mow my lawn, I can't get. into the attic, I cannot do a lot of the. things that are necessary to be done. help? That's right. So in exchange for. in-house help. every once in a while. I get someone a sandwich. And if I were. paying to get the lawn done, my house. way ridiculously more expensive than an. Arby's sandwich, right? So the deal that. I have set up with my roommates now I'm. saving a tremendous amount of money. But. that will occasionally include hey hey.

man, you want to go out to dinner? It's. been a month. Can I take you out to. dinner tonight? Because I I or once I'm. never in a position not to speak. too much about my roommate's private. business, but. I could never. imagine myself in that position. where I would get paid so little and do. so much. to to help a friend. I mean, I'd like to. think I'd be able to but I physically I. I can't do most of these things. I can't. climb a ladder. I can't you know these. are things I physically cannot do and.

I'm very blessed in that regard. And so. yeah, it's probably I know it's a stupid. investment, but since they're making. such a stupid investment this way, I. don't mind making a stupid investment. their way. Are they paying any rent? Yes. What are. you getting? Cuz that helps offset some of the. budgetary costs that we're going to have. to go into. Do my roommates pay rent? There is compensation not just in terms. of things that they're able to do around. the house and things that I cannot do, but there is compensation. But it's not.

something I'm. Again, they are private people. I don't. want to get too much into their lives. Totally fine. I do get that and I want. to make sure we're protecting privacy so. that you know, nothing negative can. happen. So that's fair. Have you ever downloaded the app Credit. Karma? I believe so. I don't have it on my. phone currently, but I have. we could just get you to go through. that, it would take about 5 minutes. All. right, credit score we've jumped up. Yeah, yeah. 673? Yeah, like I said, I I. I do know the tools to build credit. I. someone sat me down to do it and I'm. trying to maintain the best credit that.

I can. Certainly that's not in the 700s, there's plenty of room, right? But. considering my financial situation, if I. needed a stopgap loan, which I hope I. never do, That's what emergency funds. are for. Right? Well, again, I don't. have them, unfortunately. Oh, what's. this actually? $7,732. This is what's left of everything. That's everything. Okay, but that is. that is money. That is money. What's it in? This is currently sitting. in Ethereum and in since I printed this. off it's actually worth more. Yeah, but. what have we learned? Well, we have. learned that I don't think that market. can go any lower. I generally I There's.

always going to go to zero. It can't go. to zero. Sir. go to zero. Sir, what have we learned about our. money? You don't take the loss until you sell. Okay. Well, And also it was also kind of smart to. spread off the losses across multiple. years so that I get that nice tax. deductible. Oh, yeah. Okay. Sleep number. 3,218. Was that the total? Not 2,500. That's. why I had That's why I had a problem. with that. that. Good idea. Okay. And yep, there's. the credit card as we saw. Lending USA.

Oh, here's the car 6,472. Is that what I. have left? Yeah, which is a lot more. than you suggested. I guess so. Nah, this is why we do the. little investigation. why Yeah, I am. Again, I ballpark this. stuff in my brain. I've never looked. this stuff up, so I'm glad we're looking. it up today so I know for sure. Lending personal loan 3,448. That's my dog. And do you want to know. something? Worst investment of my life. cuz I don't even like the dog that much. I love my first dog. He's like a He's my. soul dog. He's like the fam member of.

the family. The second dog, he's mostly. just a dog. I Okay. He's a good dog. He's really. good dog. I really like him, but I. didn't want a dog. I wanted another. Sammy. You know, and I got a I got a Leo. instead. But he's still a great dog. Okay. Yeah, your car payment is. What are we down to? 238 a month. Yeah. You're halfway through the loan. Yeah. You We really sounded like we were much. closer. I was. Again, I I think maybe.

I don't have a solid in understanding of. how much interest I'm paying up front in. some of these loans because I thought I. would have paid off considerably more of. the. the actual loan by now. Well, you took. out a 5-year. Okay, so I'm going to steal from our. friends The Money Guy. I mean really, you want to pay it off if you're going. to take out on loan, no more than 8% of your income on a. monthly basis goes towards it. You put. 20% down every time. Which is certainly considerably less.

than that. I I paid half. And on a third 3-year 3-year term. Well, I paid half. The initial loan was. 10,000 cuz I paid half. I paid half up front, if I remember. correctly. Oh, got you. Yeah. Uh and then. And again, the only reason I financed. the back half cuz I had the cash. I. could have spent it. Um it was before. crypto even dropped. I should have. probably done it. But the only reason is. again to try to maintain this credit. score. I have some small loans. YOUR. DOG! YOUR DOG! $5,000, YEAH. NO! It's.

It thinks it's at 23.49% interest. Is. what it says you are at. That's the loan. No, that can't be. right. Are you sure? That's what it think it is. That thinks it. even legal to make a 23% loan? The Oh, yeah. There's people on my show all the. time. That doesn't seem legal. The Credit cards are over 30%. Your. credit card's probably over 30%. I would. I mean, like the minimum payment is like. $20 a month, so off of a balance of a. thousand. they want that interest to continue to. accrue. Okay. All right. I thought I was paying.

your balance off. No! Oh, but. the number's number's never broken over. like a thousand. It's so. No. My minimum. Okay. I'm Now I'm understanding where we. might be in terms of financial. knowledge. No, that's not how it works. with credit cards. Well, then educate me. Yeah, yeah, please. with the credit card credit card credit. cards we never want to hold a balance. anyway cuz if we're holding a balance. Well, then that you're making a minimum. monthly payment. It's accruing interest. unless it's in an interest-free period. So, if I were to pay anything off first, it's clearly this dog loan. That's got. to be right. What was 986 again? What. did we put down for that? I think that's.

just a credit card balance. Oh. Uh no. that's a secured credit card. So, I. don't think the interest is very high. That It's secured with a thousand dollar. DC CD. Oh, all right. Let me find out. Uh. Yeah, what tell them. cuz I think I made a smart financial. decision with that credit card cuz it is. a it's a card. It's financed uh secured. with a $1,000 RCD. So, my understanding. is the interest rate was going to be. very, very low on it. Uh can you bring. up the credit card again? Yeah. So, now. we have a full picture of your debt and. one we've gone. Right. What's good is it.

looks like you're not really you don't. have anything in collections or. anything, which is good. So, I mean, that's, you know, I feel like that's. potentially next steps if we have to. drain Okay. So, the $7,732. that's in Ethereum. That's. Oh, this is just a daily graph. Where. was that at some point and you've been. withdrawing from it to survive? Yeah, at the beginning of the year, if you see. in the documentary, in February, this. was 30,000, but I've had to withdraw. from it. This year? Yeah. Yeah. Yeah. And and.

again, if this was a 401k, it'd be. considerably harder to have tapped that. money when I needed it. Well, well, I It would have certainly. been more secure, and I wouldn't have. lost 75% of it overnight, you know, but. Over the years, if you were putting. money into this a solo 401k instead of. this, you would have been saving a lot. on taxes anyway. Sure. Tax benefits with that. Now, I. wouldn't have wanted you to withdraw and. take penalties from that anyway. You could have taken out loans against. it. Wouldn't have wanted you to do that. either, but. I think I think a lot of it We're going. to create your budget, but what is very.

clear, if we're doing $900 a month. eating out in different forms, we. could pay these debts off very quickly. interest charge for this is $19.59 for a. $1,000 budget. For a $1,000 balance. So, what's that. come out to? One second. 24%. Well, then I'm paying that off. immediately. Yeah, that's what I'd pay. off immediately cuz one, you can pay it. off by not eating out for literally a. single month. Then then how much is left on the on the. dog loan? The dog loan, we're sitting at.

about 3,448. And the bed is also 3,219. Can you bring. up Credit Karma again, cuz what I can. see is the bed interest rate. Right. Cuz. I can also Again, you know how they got. me on the bed is number one it was. medically required. Yeah. Um and then. secondly, you know, I'm like I I can't. afford to pay for this in cash. So, I. have to get it. Um and Usually a lot of. a lot of beds though you can get 0%. As. you said. for like 6 months or something I think. Well, in that case you figure out what's. the minimum monthly payment required to. pay it off in 6 months. But of course I.

mean you you tell me. I don't know. I. just I pulled the trigger. I found I. found one, you know, President's Day. sale whatever. Don't look at this. You have outstanding. approval odds on two credit cards and. three personal loan sites. Oh, I would never take out another yet. Please. Please don't. Yeah, never. We. don't need you to have to come back on. Nope. The next time I have you on I want it. because you've paid off. give me credit for one thing. I keep I keep it paid if I can. If it's. at all humanly possible. Like if if a. bill is due No. I obviously not the.

credit cards. Well But like the loan pay the loan. payments get made. How can I give you. that credit though? Nobody's defaulted at least. I can't give you that credit though. If. if there's one of the if one of any of. the things are not being paid I can't. give you the credit of making the. payments. See that See that and I think. maybe. again one of the reasons I pat myself on. the back for this and why you would. never would is because growing up we had. things repossessed all the time. Cars. repossessed, televisions repossessed, furniture repossessed because everything. was bought on credit, right? And so that.

was such a common place. I feel so happy. and secure that I can pay my bills. I. feel so happy and secure. that No, they are getting paid. I'm. paying my medical. card. That's true. That's true. Okay. It's not finding the interest. Do. you have the app for it? Do you know. that? I think. Oh, if you have the app for it we could. probably. it's straight through Sleep Number. maybe. I think this one was 0% if I'm. not mistaken. Buddy, if no if. if four of these bad debts I'm. considering the house a good debt. If.

the other four bad debts bad just. absolute death debt. was out of your life. Yeah. It lowers your risk profile immensely. It lowers your minimum monthly payments. immensely. Well, that's what That's. where I want to get. That's what I'm. trying to do. Yeah. Uh but it's going to. take some things that I'm concerned. you're you might not be willing to do. To be completely honest, but I mean. that's up to you. We'll We'll talk about. that and you Well, there's another. financial plan we'll get into in a. minute and I think you're going to be. excited for it. plan. Yeah.

You You're going to laugh when I say it. though, but and your audience will. laugh. Um Well, I would also just rather. you be like financially like safe than. give me a good segment. Well, it's both. It's both. And in the Okay. It's both. In the end, you're a human being, man. Yeah, of course, yeah. So, the spike. makes this a little hard. But I across the income sources you gave. me, we are having an average of. $4,269.96. Now, That's right That's right about.

where it is, yeah. Question. Yeah. Are. you setting 30% aside for taxes? I. can't. Right. Yeah. What are you going to do in. What did you What did you do these last. few quarterlies when quarterly payments. Uh I literally can't afford to make. quarterly payments, so I'm paying in. lump sums at the beginning of the year. most of the time. Okay. And there's. penalties for that. Yep. Okay. If you. can't afford to do them quarterly, how. are we going to do them annually with. penalties? Uh I think this year I'll end. up having to set up a payment plan with. the US government. What did you do for. last year? We haven't talked about it.

much. Um it was a very reasonably It was. a a fairly reasonable sum. It was paid? No. Is it on a payment plan? I owe him. about $2,200. Okay. Hm? It's a very important piece of this. debt. It is. It's interesting cuz the. episode that's coming out before yours. was another YouTuber who did not pay his. taxes. Which one? Uh Dark Side Phil. Oh, maybe I should have him on. No, it's. a YouTuber that doesn't upload anymore. He got to 100,000 subscribers and then. quit. Now, there's only the one year and. I've just been waiting for him to knock.

on the door to get it solved. But at the beginning of this year I was. not in a position where I could do it. I'm like, I have to make it to the stock. drops. And let's see if there's a spike that. comes with that and I'll pay it then. And that's the world we're in now. Yeah, dude. Well, you had 30 in crypto. You. could have paid it. I could have but I knew I I looked at. And and this is a terrible way to live, but this is how I looked at it. I can. pull this out of crypto now and. potentially miss a house payment at the. end of the year. Yeah. So, I would.

rather stay in the house until I have to. leave it. Yeah. And and continue to. build equity. And maybe I'll never have. to leave it. But if that one financial. if I pulled this 2,000 and pay the US. government, which I know they're. patient. I I owe them money. They are. very patient. The US government is so. patient. They also have the guns. Yeah. Well, but I will tell you having had. this very similar problem in my 20s with. a small business collapsing. Yeah, and. owing them $1,500 then. They were very eager to work with you.

They're like, just give us anything, man. But you know, the US government. works slow and believe it or not they're. surprisingly cool when it comes to owing. them money. Okay. So. Many people have. had different experiences. Just let you. know. Yeah, I've had I they just sent me. up on. payment plan. They're literally like, what can you afford? I'm like, well, I'm. on disability now. So, what do you think. I can afford? Like, can you afford to. give up 10% of that? And I'm like, no. I can't give 10% of $850. I'm living off. of $850.

What if they knew you were spending $900. a month on fast food? I mean, they probably would be a. Do not send this to the IRS. Yeah, probably not great. I mean, they know. They know the. government knows, right? They they have. access to my credit card records, right? I'm just saying if there's one people we. don't It's the IRS. That's true. But. they know. Yeah. Um. I mean, we've had uh not for some of the. 2,200, but there's been people in the.

media industry in general who have, you. know, not paid taxes, they've gone to. jail. If you owe them a significant. amount of money. Yes. then yes. They do not consider. 2,000 or 3,000. know. No, but that's all I'm saying is. like. Well, this isn't all roses and. butterflies. I can get for you um on this loan is. that it is 0% for 24 months. Cuz that's. pretty much standard on the website. did you take it out? July. Okay, so we're in the 0% interest. period. Okay, cool. That's good to know. Or no, June.

Oh, okay. Yeah, June. Sorry, I was panicking. I was like Cuz. you almost sent me into one. got it before June. Yeah, so. Does she work? We're working on that. Okay, cuz that. would be that's a. you know, not required to. We're not. married, you know, anything like that. Uh if we are married, that's a. conversation of what do we need to be as. a future, how do we hit financial goals, we might need to work, obviously. The. majority of her everything is taken care. of, but the one thing she's not doing is. bringing income in. Yeah. But she's.

costing pretty much nothing going out. Uh okay, let's capture some of your. other things. We have Verizon 222. Do what? Verizon 222. Yes, we got two lines. Ooh. Yeah. Do you. have your Are your phones financed? iPads? No, not iPads, no. they're expensive. Yeah, Verizon's. expensive. There is uh there was like a. $500 balance that you're trading on that. phone on this one. So, we're we are. paying that off. But that is again at. 0%. You're going to hate it cuz I mean, Verizon is like the best nationwide, but.

when do we just can't afford to live. like Mint Mobile. I don't even know what. that is. Ryan Reynolds, Mint Mobile? I. don't watch commercials, man. Okay, well, check it out, dude. I'll I'll text. you a link. You can be like it can be. like 30 bucks a line. Okay, that Well, I. mean, I will still have to pay off this. phone before I get there, but yes. Oh, oh, so that I Wait, you told me that. phone was $0. Yeah, it it it added up to. like there was a balance of $420. spread across 24 months. But it's 0% interest. I know, but we. can't switch to another carrier. Yeah,

yeah. Yeah. Well, there goes saving $150. All right. Uh. car insurance? Yeah. Yeah, got to have got to have car. insurance. Got to have car insurance. The YouTuber didn't The other one I was. just talking about who didn't pay his. taxes does not have car insurance. Very. bad. I didn't for the first 30 years of. my life. That's. Not good? Yeah, that was not good. Do. you have. What the What the is. Oh, yeah, 775 is your minimum monthly. for insurance. Health insurance?

Blue Cross Blue Shield, keeps me alive. Unfortunately, for them, they are losing a lot of money on this. I can tell you that. They are spending. way more than I'm giving them at this. point. Yeah, like 15 years ago, you may have. not been able to get health insurance at. this point. Yeah, if it wasn't for the Obama. administration, they made it possible. for me to purchase insurance as a. self-employed person, I would never had. access to health insurance. Okay. Um so, how many people do you have to buy. groceries for like every day type thing? Me and her. Just you two? Yeah, yeah. I.

could We do have somebody that again. will will cook for free as long as. they're eating. Um so, we do take. advantage of that. So, generally means. we're cooking for three most of the. times. Okay. Yeah. Well, I would try to get it to the two. with some cooking getting done. Um so, what we did on our grocery store. website, our local grocery store HEB, you can probably do this on Walmart, I. assume. We created like a meal prepping. thing for each week, 2,500 calories a. day per person plus snacks.

Um. uh. we sorted the recipes for what we needed. for each meal by I should point out I. should point out that when we eat at. home, we eat cheap. We We eat more sandwiches. than we eat anything else. Okay. Well, either way, sort the ingredients by. cheap. Then do you like a pick up order. for it, which can be free depending on. the store. Um and that way you're not going through. the aisles, you're not picking up. everything. And we had for a single. person with snacks and desserts, 2,500. calories a day, good eating 250 bucks a. month. That's comfortably. That's incredible. Comfortably, but most.

people aren't, you know, willing to get. into the nitty-gritty of it, you know, name brands and eating a unique meal. every day. But and I want everyone to be. able to do that. I want everyone to be. able to do that. We can't afford it. Everything in our. house is great value. Okay. 100% of the. time. Um cuz it number one is a huge. waste of money. The food doesn't taste. different. The the the products aren't. any better. Um and secondly, we're in Walmart. country, right? Like so uh. uh. if you're not buying the local brand, you know, Well, all I'm saying is at.

least that. We're already doing that. Yeah. All I'm saying is I can get you. guys 450 bucks a month in groceries for. you, too. With aggressive meal prepping, we could. That sounds very reasonable. Yeah. Now, I have something called the toilet. paper fund. This is just whatever else. is needed to survive at the household. So, it's the toothpaste, the toothbrush, you know, whatever is needed. It can. even be like some car maintenance. Everything's going to ebb and flow on a. monthly basis. I'm going to put 150. bucks there. Sure. Medical, on a monthly. basis, medications, what is coming out. on average? About 1,500.

For health insurance and medications. Oh, okay. Not health insurance. And then. now we're doing Just medications. Well, I guess I could subtract the. insurance. Uh so, 2. So, 700. Yeah, in the neighborhood. 5 to. 700 depending on the month. Okay, so 600 if we average. Yeah. Okay. Let me figure out your debt minimum. monthly payments. Including mortgage. Actually, I'm going to do Let's do. mortgage separately. Including property taxes and insurance.

and all that good stuff. And we get three utilities on this or. not? I can't remember. Uh I did not see. you. Oh. They should have been in some of the. screenshots. Um here. Here it is. I think water. payment is in here. So, this is this. water, gas, Water water, electric Sorry, no, that is. water and trash removal and that's it. That's what the city charges. It sucks. Okay, so you have electricity on the. side. Uh electricity is a whole other bill. which you should have here as well. So.

So, this is just This is just trash? Yeah, it's Our city is highway robbery. It's insane. That's trash and water. Do. they compensate with low property taxes. at least? Like we get hammered with. aggressive Our property Yeah, our. property taxes are better. Okay, how. much. how much in electricity and gas then? Um depends on the month. Yeah, give me. your average. I They should be printed out for the. last month here. I I I think I sent them. to you. I think the last month in. electricity was 250. Yep. Uh it's a. little more than that, but yep. And then.

what was the other one you were asking. about? Gas I think comes out to in the winter. close to 150, in the summer down to as. little as 50. Uh so, let's call it 100. and then. um. What's the other one? Water, gas, electric. We do pay for cable which is $100 a. month. Uh not cable, sorry, internet which I'm. a YouTuber. Yes. Right? Well, everyone. you need internet to survive. To do. jobs, to do anything. $99 a month. We. got a really good deal when it comes to.

internet. That's for a gigabit. This is. This is slow as they offer. So, I can't even get it cheaper if I. wanted to. Um. Um I'm going to get the debt minimum. monthly payments besides the mortgage. Not including whatever the IRS might be, cuz we don't know yet. Yep. Yeah, this extra $653. could clear you not clear you up, but it. it would help a lot. Yeah. Um.

I ballpark and and like I've said. publicly. right around 7,000 for like minimum. payments across everything. Is that. about what close to what you got? Uh I. don't know. Just yeah, I just want I. want to make sure we're we've got. everything that you're required to have. Gas, how much do we think on a monthly. basis? Like I said, gas in the winter is cuz. it's. Sorry, car gas. Oh, very little. I would drive a hybrid, so. 20, 40, maybe $80 a month if that. Okay. We'll be conservative and say 80. Yeah. Anything else that you are required to.

take care of on a minimum monthly basis? There were subscriptions like uh. StreamYard and stuff. Oh yeah, it's like a $25 subscription to. StreamYard. Any other subscriptions that are. mandatory? Mandatory, I'm not throwing. Disney Plus in there, I'm sorry. I think. I could. I'm just trying to get your mandatory in. order to survive type. Streamlabs might count, but that's $9 a. month. Okay, so uh 35 then? Let's call. it that, yeah. Anything else? I think that's everything. Okay. I've done a really good job of canceling.

everything in the last few months. How many miles is on that. car? 12,000 I think now. I've had to take a lot of road trips. Wow. Yeah. I mean, I bought it with. 12,000 is nothing. I bought it with less. than 1,000 miles on it. That's incredible. Yeah. I might be. wrong. It might be closer to 18 if I if. I'm ballparking it. She could go check, but I think it's it's under 20 for sure, I think. I'm happy about that though. It doesn't. mean we have to worry about anything too. major happening soon. No, they say one. of the reasons I bought this car is like.

all the YouTube reviewers said this. specific year and that specific model, they said it well over 150,000 miles. before you even start to see issues. So, and I knew it would take a lifetime. for me to put that on it. Even with. trips like this, you know, for business. and stuff. I I I'll never put that much mileage on. it. 5,856 in order to survive. So, a. little under. But, that's cuz I think. we're throwing in a little less wants. You said in your budget you had like 900. for food or something. So, like if we. get rid of wants, only just basic. survival, which is what you should be.

on, because again, we still bring in a thousand. $600 less on a monthly basis Yep. than. we need to survive. Yep. Which And we're. real close to that being zero. Yeah. So. do have one thing we haven't included. here. Okay. Okay. Um and it is the other backup plan. that I've had, which is so incredibly. stupid. Go on. Um. I started playing a card game called.

Magic the Gathering back in 1994. Yeah. I happened to purchase a lot of. cards at the time. they are worth a lot. Mhm. Uh so I have. cards that have been my backup plan for. the entirety of my life, right? Yeah. Since 1994 I'm like, you know, these. cards continue to accrue value. The. bottom will fall out eventually. Here we. are 31 years later and they've gone. nowhere but up. I generally get about. 70% of the value of what the card's. worth. Uh and so for example, I I was.

gifted a card for 9 years ago for my. 40th birthday. Uh they paid $80 for it. It's currently worth about $2,700. Um so I do have additional assets. Can. you give me a conservative value of your. entire collection? Conservative Yeah. Extremely. conservative would be if I bulk sold it. tomorrow. Yeah. 50k. But my plan is to continue to do. what I've been doing over the last year, which is sell it periodically to. survive. to survive, right? Because um with the.

exception of, you know, the COVID bubble. hitting this market, um and I wouldn't. have sold during COVID because I didn't. need the money, right? Yeah. Um other. than the COVID bubble bursting, these cards have continued to maintain. value. Um so I sell them as I as I go. Now, I'm. learning today from you that I should. absolutely go home, sell $10,000 worth, and throw it at these high interest. loans. they're probably not appreciating. 25%. No, certainly not. Certainly not.

Cuz the crypto, and this is it's in. crypto. So, one, I would just have this. in a high-yield savings account anyway, but. it's going to last five more months at. the max. Yeah. If it stays this value. You never know. what can happen with crypto. Five more. months. So, and I wasn't lying. It's. gone up since I. Since I said it to you, right? Made a. couple bucks. I would sell that. Stock is on the climb. Do not invest. Do. not invest. Uh invest, but not in that. Not in crypto.

Uh okay. Okay. Okay. So, with the bad debt that. we have, this is what I would do today. Today. Um tomorrow. Cuz you get home tomorrow, but. high-interest bad debt that, including. I'm I'm putting the IRS in there, man. Cuz it's about to get to be like death. interest. Yeah, they'll they'll knock on. the door soon. Yeah, and I I would. rather knock on their door before they. knock on yours. That's true. I would sell $16,307.88. How much? $16,307.88.

That's pretty doable. That wipes out. IRS. It wipes out credit card. It wipes. out the bad. It wipes out the car. And. it wipes out the dog loan. Not the dog, but. the car. You in your situation, not having a car. debt a leverage on a depreciating asset. lowers your risk pro- profile immensely. Okay, extremely stupid question. Yeah. Is my understanding that I should. maintain some loan. to continue to build credit? Sure. It's.

so because I again, I do think. relocating, selling my existing home, and buying a cheaper one is something. that it will still be in my future even. with this. So, you'll still have your. were to keep a loan, does the mortgage. count? Oh, absolutely. the one they're looking for? Well, they're they're looking for everything. They're looking for diversification. They're looking for age. They're looking. for low balances. They're looking for. on-time payments. What I would do in. your situation is I obviously keep the. mortgage cuz it's a low rate. It's. great. Getting rid of the other loans, even if. your credit score takes a hit because.

the age goes down, doesn't matter anyway. because right now your credit score in. what exists within it of taking out debt. is taking advantage of you. You're not. taking advantage of it. So, there's. really no purpose right now of you like. shooting for that good credit score cuz. this is you. What I would do potentially, you're not. a credit card person. Right. Like you can't manage it. You're not. paying the payments. But if it is that important to you, the. one thing I would might consider if you. can prove to yourself over the course of. 6 months that you only put gas on your.

credit card and you pay off the entire. balance every month. That's smart. I will concede that you're allowed to do. that and that will at least. that in the mortgage, man, you'll be in. the 700s credit score-wise. Okay. Should be chill. It should be. chill. You might get a hit in a bit for. a bit because your overall credit age is. going to go down cuz some accounts are. going to close for paying them off. Right. But honestly with your credit card. getting paid off, think of. even with those, I wouldn't be surprised. if it jumped to about 700 anyway. Yeah, because one of the main I I debated even.

talking about this and I don't know if. it'll make the final cut or not, but one. of the major reasons I want to make sure. that I can take out a loan is because. there is a very real chance of a medical. emergency. And I for the thing that I'm. dealing with, you have to pay up front. Yeah. Right. Okay. Yeah. No. Well, of course, obviously. I mean, death over life. Life. comes first. So, um I I I get your fear around that. Um. yeah, I think your credit score again. will actually be in a better place.

because right now what's holding it back. looking at your credit is a high credit. card balance. You know, you want to be. under that 30% utilization. If we just. have you swiping your credit card on. gas, pay off the balance every month, and can having the mortgage consistent, um. you're going to have a you're going to. have a good score. Yeah, okay. Like, are we talking 800s? No, but like you'll be in the sevens. Right, right. So, and I think when we're looking at this. minimum. structure, Yeah. I think my income I mean income in the.

last 30 days has been enough to cover. that. Yes. Um and YouTube alone, right? Right, this this podcast is going to. start paying out. Mhm. Um I mean we just hit profitability. in the third episode. That's incredible. Right? Um. my cut is small as 25%, right? But I own. 25% of this thing. And I foresee being able to reach these. minimums. throughout at least the the rest of next. year. I don't know if it get better than. that, um but I think I think I'm in a. position right now after the doc coming.

out and this podcast and everything. else. I think I'm in a position where I. reach these minimums. I won't have much. wiggle room after that. It'll be a. really good idea to pay all of this. down. You need to tomorrow. Yeah, right, exactly. As soon as I get. home. But, you know, the minimums don't. matter for then spending an additional. 900 going out to eat and then all. whatever else, you know, the extra Yeah. And unnecessities are unnecessities. right now. If we can't afford it, That's. right. can't. That's right. So, what is. required through again. a. anonymous call center job, you know, something that pays minimum wage, uh.

building that Uh podcast or abandoning. the Twitch and everything like that and. fully focusing on re-engaging. YouTube, whatever it might be, man, that. brings you to at least. I mean that's been the plan over the. last 30 days. You you literally what. I've been doing over the last 30 days. since this documentary dropped, and you. can see it's paying off. Right? Like uh. my numbers continue to grow. My income. is continuing to grow. I I I'm I'm doing. exactly that. You know, all of this.

ancillary stuff is ancillary. It's It's. I I have it all in a a link dump, and. other than live streaming once a week. just for the fun of it cuz I enjoy doing. it. I I live stream. I don't I put my. time where the cash cow is and that cash. cow is YouTube's ad revenue and my. favorite part about that is I'm not. making money off the back of my. audience. They don't have to buy a. t-shirt. They don't have to engage with. the sponsor. They don't have to buy a. channel membership. They don't have to. donate anything on Twitch. All they have. to do is put the video on, click it, watch it and I make money and that's as.

simple as that. A lot of the criticisms. that I personally saw and you can repeat. them if you. wish. This is just there's too much. information online. Sure, yeah. It's. impossible. So but a lot of what I saw. is again like. the pity party sympathy feast over the. last few years and maybe that turns. people off and maybe it's to get people. to give some money. I'm not sure. Are we. done with that? Yeah, but I've been done. with it for a while. Good. So we just. started. I learned very quickly my decision to. talk about my finances last year. Mhm.

That that is not how I'm going to get. out of this hole. Uh and I I cannot nor. should I want my. existing audience or my pre-existing. audience to want to dig me out of this. hole. Now, it's a whole other thing if I. create content that they want to pay. for, right? If I give value, you give. value. Most YouTubers give value. That. was the thing that I was missing from my. video last year. I I asked for something. but I offered nothing in exchange. That.

was the idiocy of it. Um and and I'm at. a point where I can't ask for anything. up front from my audience nor should I. nor do I want to, right? I have to. deliver a product they enjoy and if they. enjoy it, then they can catch me on the. back end if they so choose to and I. don't blame a single person who chooses. never to to do that, right? If you said. Boogie has burnt that bridge, I fully. understand and respect that because. I don't know. The thing I think I. learned from the internet more than. anything uh. I was playing.

uh I don't know. I heard it called I'm. just a small bean the other day. Do you. know if you've heard this, right? Growing up for me it was, you wouldn't. hit a guy with glasses, would you? I was. being Jerry Smith from. Rick and Morty, if you're familiar with. that character. It's a character that. was intentionally pathetic. in the hopes that other people wouldn't. harm them. What I've learned very quickly from. that, uh not very quickly, but uh I've learned.

harshly. is that when you make yourself out to be. a victim, the people that like to. victimize people will choose you to. victimize. I'm curious, uh do you find yourself. throughout your life uh. playing justification games? Certainly, yeah. Okay. Yeah. Yeah. So, I it just might be. something worth escaping in the future. is just instead of trying to justify. like every last. uh last thing, a reason for everything. happening, reason why I did this, reason. why. uh. I made this choice is because of this.

whole winded thing of a character I'm. trying to do and all this stuff. Well, in therapy we learn why we do things, right? Um I know why I. during the Frank Castle situation, when. a man was battering down my door calling. me a. the N-word and then F A G G O T and and. all the You know why I opened that door? Yeah. Right? I did it because I wanted to. stand up for myself. I did it because you shouldn't be on my. property. I did it because this is a. transgression to me. Does the law care?

No, it's not an excuse. I broke the law. I pay. But, it's. important to understand why I did these. things. Yeah. Not justify is different than No, it doesn't justify it at all, right? I. this is why I did it. I need to have an. understanding of why I did so that I. hopefully won't do something like that. ever again. Well, the only reason I ask. if that's been a part of your life is. just cuz I don't want us to be. justifying things in the future. Oh, absolutely, yeah. And turn I really want. you to get to a good place, man. I the. minimum you need to bring in in order to. live your minimum needs with current.

debts. Getting rid of the debts is. different. Actually, we're we're paying. off the debts first. Let's talk about. what happens when we get rid of the. debts. Yes, exactly. We except for the. mortgage. Sure. Then we need $5,203. to survive on a monthly basis. That. means you need to bring in 10,000. uh 10,407 dollars on a monthly basis. uh for like recommended budgeting. purposes. Recommended. It's obviously. going to be tighter than that until you. can get there. If you can get there. again, that's great because I mean, that's $124,000 a year. 10,000 a month? Yes, it's because your.

needs we want to shoot for that being. about 50%. That is difficult. That's. usually more difficult in places like. New York City or LA where rent's going. to be more. Right, sure. It's a little easier in. Arkansas. Yes. Maybe not Northwest. Arkansas, but still. Yeah, I can't speak. for that place specifically, but that's. typically what we try to shoot for. 50%. going to our needs, 30% to our wants, 20% for investing. Sure. Okay. Now, if I. were in your shoes, is to shoot for that. $10,400 as quick as I can doing whatever. it is, whether it's in content creation, whether it's a drive-thru work, whether.

it's anonymous call center. And I know I. know we we already talked about having. the name out there and just, you know, different things, but even if again, we. can try the more anonymous thing or. applying for jobs like it's a full-time. job might be a consideration. If the if. if things don't play out, maybe we give. it This is going to last for another 5. months if no more income brings in. Sure. I say if we hit there. and we're we've no longer gotten to the. place where we can, you know, survive. Right. Obviously, liquidating cars might be the option. then, but we're at that point I think. we've proved this is not working. Right.

At that point, I say we try to scrape. together any and every job we can. And we're not above any and every job at. that point. Right. I mean, I I think a lot of people. have this idea and I I get that the. documentary definitely painted this. picture, right? I think a lot of people. don't understand what I'm willing to do. to survive. But I hope that you know. that I literally drove across the. country with an injury to to be here to. do this, right? No, you do. So, I'm willing to eat as. much as I need to to to do this, right?

to stop eating $900 in McDonald's and. Starbucks a month? I'd love to. And it's. something I actively have tried to do my. whole life. that, but at this point it's like not a. choice. It's really not. I respect that. Um most addicts would tell you that, you. know, I I I don't I it's I'm not making. excuses, but it's the reality of the. situation, right? It's like going to. Eugene Acuna and saying, "You need to. put on 50 lb." Okay. Of course she does. Of course she does. What about accountability? The people. surrounding you? I mean, they're doing. their best. Well, what does what does. that look like? Nobody can hold your your toes to the.

fire, man. I know, but is there. enablement at all? No, the opposite. Quite the opposite. I. have people who like let me cook healthy. meals, cheap meals here. Okay, but I. know where McDonald's is, man. Yeah. Well, I mean, this show comes. to your house, right? Like if in a in a. weak moment, I'm going to choose. McDonald's. In this show, I can do. finances. I'm obviously not an addiction. person. All I can say on the finances, if we're not willing to change that, then. as the title of the video suggests, you're going to die in poverty.

I mean, like I said, if you don't stop, you you have to stop. Yeah. It's it's it's you stop or you die in. poverty. Because right now, it's it's insane. It. adds an additional what? 20% to your. budget? 15% to your budget? We can't. even survive in the needs. Yep. It's. it's it's really no longer a choice. So, you're choosing at this point even yes, addictive tendencies. I get it, and that. is not my thing to talk about. Um. if you choose to do that after this. conversation, you you've chosen just. giving up and just. Well, I mean, after this conversation,

I'm going to continue to do what I've. been doing for the last 30 to 45 days, which is work as much as I humanly. possible can. How many hours a day do. you think that. I'm putting in like a good 40-hour work. week now. Okay. Well, I think that when. we can't survive, I think that needs to. be 60 to 80. Yeah, that's fair. Yeah. Yeah, but that's that's where I am. And. like at at at the end of the day, again, no excuses. You know, people think I don't want to get a real. job. I'm a disabled felon, man. Right? I got I've been disabled since. 2005, right?

I can't work hard. I physically I can't. do physical labor. That's not an option, right? I think call at home. again service. they have to Google that I'm a felon who. beats his wife and. Cuz that's what happens when you Google. my name. Mhm. Go do it right now. Yeah. They have to hire that person. Yeah. Those those They're not going to. Those are the positions where those more. uh what's the word? People with records. uh. do tend to find more opportunities.

Right, but are they also. disabled, right? Like I'm Like I'm. saying This would hopefully be work at. home. I'm just giving one option. I'm. sure But I'm just saying like if that. job crosses my lap tomorrow, I'll take it. Have I actively looked for it? Absolutely. If I find that it exists. Shall we? Yeah. Okay. Our good friend LinkedIn. You know, that. this is a wide variety. Well, this is giving This is giving way. too many way too much variety. Let me.

Let's just just do customer service. Cuz. I did call center and it was doing like. real estate agent was like the fifth one. down. Right. Doesn't make sense. There you go. I would apply to these. these billion trillion quadrillion jobs. I have. I'm I'm telling you. I've done. this exact thing in the last year. for all of them. No, I I applied for. over a dozen and I get told the same. thing, which is dude, you're. unemployable. Yeah. So even for the. people that are very employable though, yeah, applying for a dozen jobs, you. likely won't get a single job. Okay, like I had that headhunter Yeah.

tell me off camera Mhm. Man, there's nothing we're going to be. able to do for you. I don't think. there's anything but you need to focus. on the YouTube thing. Okay. Like I. If a headhunter is telling me that these. people aren't going to hire me, I trust. her evaluation. No, I get it. I get it. I just I. struggle with the conversation if we. decide it's impossible then it's it's. impossible regardless. Well, I. understand that, but. um when. if I if you told me that I need to start. flapping my wings and fly out here,

right? We would agree that that's not a. possibility. She's probably right that you can't get. most desirable jobs. Not desirable jobs, anything. Anything. Dude, I was How. desirable is it to cold call teachers. about a union and get screamed at by. Cuz that's the job I applied for. Yeah, and got told they wouldn't give it. to me. How desirable was that job? Not. thrilling. No. And that's That was the. most desirable job I applied for. Okay. And they wouldn't offer me that. one. And I had a friend in management at. that company. not willing to try.

I This Am I trying to Am I trying Am I. willing to try doing something that is. clearly not going to happen? No. Uh Now, if I get the felony sealed, which is. going to cost money, but at the end of. my second year of probation, which I. think is this year? How much will it. cost? I don't know. Okay. Thousands. But if I get that. sealed, this is a whole other. conversation. That that might be a very. worthy investment pulling from the uh. the Magic the Gathering. But until.

March, that's not a conversation we can. even start. Uh well, March is coming up pretty. quick. Um so, I. worked uh it was What was it? It's like. senior colleges in between a couple jobs. and my dad was like, "Why aren't you. working? You need to go work this job.". And it was like this odd jobs all around. and it connected people who like needed. work needed work. And the people that I. was like moving mattresses with into. like newly built uh. college apartment complexes, they were. all felons and they were like people who.

just couldn't get work anywhere else. There was There was still opportunity. that they saw. were generally generally pretty lenient. on that kind of thing, but unfortunately. I can't stand up. That was just an example though. That. was just an example though. I'm just. saying if we refuse to search for it cuz. we believe it doesn't exist then it's. not going to exist. Right. Well, when. I'm getting told by professionals it. doesn't exist, yeah, I listen to the. professionals. And if that makes me Why. is that so? I don't know. I wasn't there. for the conversation. I wasn't there for. the conversation. It's hard for me to. just fully. I I don't know. I wasn't there. I wish.

you'd put it in the doc if I'm being. honest with you. Okay. I mean we did. It says right there. management would not give us approval. cuz they wouldn't. Yes, but it Well, from there it made it. look like because you said, "Well, you. Google me. I'm a bad profile." And I'll. tell you my financial plan and it might. be a stupid one, okay? But because I've seen traction in the. last 30 to 45 days, the more I work the. more income I bring in. Yeah, I'm sorry. that I The more that I make YouTube. videos the more that I put effort into. the editing, the more that I put effort. into being an entertainer the more money.

I'm making. And that seems to be more valuable than. chasing after a dream that professionals. are telling me doesn't exist, right? This is viable. Professionals is. just that one conversation you had. I've. talked to several. hiring people, yeah. I just have to I. just have to trust you on that. I've. applied for several jobs in the last. year. Dozen. Uh roughly. Yeah, that's like a half hour work on. LinkedIn. Uh again, when you get shut. down by several people doing hiring and. you get told the same message including.

by a head hunter, "Hey man, you're a. felon. who has all these terrible rumors about. you. Who's going to hire you to be. working in your company? Also, you're. disabled. Also, you have no education. Also, you have no work history." Mhm. Right? I don't know. You're a CEO. You built a. multi-million dollar company. These companies don't see that. No, no, no. They're not looking for somebody that. runs their own business. They're looking. for somebody that can make them money. I. wasn't I wasn't saying it just like. that. All I'm saying is reframing and. resume building and interview skills. With With everything you just said. that's against you except for the felony. stuff. But you said the lack of.

education, lack of work history and. stuff like that. Reframing to what you. actually have accomplished cuz you have. accomplished a lot. liar, a. That's not lying. You have accomplished. a lot. You had a multi You have a. multi-million dollar business. a. I've never been a fan of going in and. and fudging my resume to make it look. proper. I don't have an education, but. it's because why I I I chose to learn. abroad or something like. about your work skills. You've brought. You've actually built something. successful. don't see that as something. If you find. me a job that pays as much as putting.

the same hours into my YouTube channel. as that, I'll take that job. Yeah, yeah, yeah. I'll do it as well. you did you do 40 hours a week, right? But we might need to do 60 to survive, which might require 20 somewhere else. Well, it'd be smart to put that 20 hours. into the this business, the one I'm. building that I keep 100% instead of. keeping 5% and kicking the other 95% out. the door. will will or that 20 hours a week, that. extra 50% in labor is going to equate to. an extra 50% in revenue? If yes, then. I'd do it. Absolutely. I don't know. I It's a. The math would have to work, right? Right. And I don't think most jobs are.

going to make that math work. Most $12 an hour jobs, which is minimum. wage in Arkansas, I think now. I think. it might be less, but I think it's. supposed to be 12 eventually, right? Brings an extra $960 a week. That at. least meets us to our minimum. Yeah. And. minimum is better than draining our. savings. Yeah. Like I said, I'd rather put that hours. into my business. Yes, no, no, no. I'm. not against that. I'm just saying as. long as the value actually. If the math works, it works. If it. doesn't, it doesn't. Right. Have you.

worked with any services by the way? There I can't speak for Arkansas. I. can't speak for the city. There's local. services, there's uh. a wide variety of services who work with. on the rehabilitation aspect of people's. lives. Now, you did not go to prison, but you do have a felony. Sure. That helps to connect felons with. workplace opportunities. There are. services out there. Have you worked with. any of them yet? It's ne- It's never. come across my table. I again my. no, no. It's not about coming across.

your table. What about you going across. their table? is to seal the felony and and try to. move forward from there. And that. happens in in 3 months provided I can. afford it. So, I I I I don't know. I. That's honestly I've never heard of that. before. So, I I don't know if it even exists in. my area, but it might. What would they. offer? I don't think they'll offer any. financial. A lot of things I'm seeing are Texas. resources. Again, I can only I can't. speak for that, but All right. Well, as. far as I know, I might not need that in. 3 months. But, if it turns out in 3.

months that I won't be able to get the. same Then you'd be willing to? Yeah, of. course. Sure. Okay. Yeah, of course. Again, this is if if math works, dude. If you can bring it in on YouTube, if we. can get back to 10,000 bucks a month. again. Yeah, I'm all about it. I I think the biggest mistake I ever. made was in 2020 after my nervous. breakdown I stopped working. Yeah. Um. and I I should have had all of this. money. I still could had had I not just. 2020 when every other YouTuber. um went to work. I had to get into intensive therapy.

instead. I had to reorganize my brain. Right? Um and I'm glad I did it. Don't. get me wrong, it was a good use of my. time. Um I came out a different person. Uh. but. I I again, I think my biggest answer is. I just need. to go back to making. as many videos as I can considering my. my scheduling, my health. Um. and and really put my effort into my.

business. So, I I do concede. I mean, if. if the professionals told you that, I. mean, again, if that's what they said. I I just don't believe it. They're all. telling me it becomes a whole other ball. game in March. Yeah. You know, hire a lawyer, spend a. couple of thousand dollars, get this. completely off my record, no longer. shows up in the background check. Then. all we have to do is deal with the other. obstacles. My favorite thing is this. always to punch back against certain. mindsets and try to push people push. people to better themselves. So that's.

this is what I try to do. I said, I promise you I'm not giving up. hope. Even like if it comes down to my. YouTube channel is no longer making me. money anymore. and I I literally have to steal for a. living, I'll do it. Well, let's not do. that. No, but I would. I I I'm telling you if. I have to steal bread to feed my family, I would be that guy. Yeah. Right? I will. do whatever it takes to survive, right? Now, I will. getting a job like every other human has. ever had or the jobs I've had, I worked. security. I've worked a wash dishes in a. Mexican restaurant. Yeah. I've worked, right? I've no problem with working. If. the if job fits me and it's going to.

keep my bills paid, it's going to keep. my health insurance so that I don't die, obviously going to do it, man. Obviously. Um I think one thing that. would help not pushing someone to get. work and I know there's probably. background in a lot of different story. Uh if your significant other is able to. help split the cost of the place they're. living, that will help with your thing. I do want to talk about before we wrap. it up just, you know, okay, say you make. it 10 years like you said. I hope it's. much longer. You know, I really do. Let's just let's just go off that 10 the.

15-year arc. Sure. What does that look. like to you? We we've done YouTube for. 15 years. So we're halfway through that through. that arc. What what what does what does. the next 15 look like? I mean, here's. what my life has looked like so far, right? I was homeless when I was 20, right? I. was couch surfing. I was breaking into. buildings up at the University of. Arkansas. Statute of limitations has. gone up on that, by the way. But I was. sleeping in in buildings that they were. building still. hear about your future, the exciting. things. Not your past. We're going to. get there. We're going to get there,

okay? Okay. But when I was homeless, I wouldn't have. told you that 3 years later I would be. running a a small business running web. design, right? Sure. Um and then later, while I was running that business, I. wouldn't have told you I'd be disabled. soon after, right? And when I was disabled, I. wouldn't have told you I'd be a. a YouTuber who made $1.3 million across. a decade. Mhm. Plus more sponsorships, probably. Yeah. Yeah, I think I It's. closer to like two, right? Probably as. much as 2.5. I would say across. everything I've made. For closer to 2.5. million dollars in two years. Incredible. I.

cannot tell you what the future looks. like, but I'm always hopeful. One of my. favorite movies, Cast Away, right? Um just got to stay alive, man. That's. it. Just got to stay alive cuz you never. know what the tide could bring in. tomorrow. I have no clue what I'm going. to do. Well, my plan currently right now is I'm. taking it day by day. Every therapist. will tell you this is what you got to. do. Yeah. My current plan is to continue. to throw myself at my existing business. because my existing business is still. profitable. And I'm looking for that. next opportunity. I've looked at. reselling on Whatnot as a as a.

possibility. I've I've looked at um. trying to find a small business loan and. open something in the area. My I've. talked to a friend about doing a a smash. room. Um. Employment, like I said, it it it come. March, if there might be a job out there. that suits me and that suits my needs. and I'm still going to look for that. All I know is that right now, when I get. home from this, I go home and I film. videos and I live stream and I do what I. can to entertain the audience that I. currently have. And when that audience.

is is gone, I hope I find a new one. You. know, it's another option. I I don't. want this. This is This is more last. case. We take it we we sell the house, have the hundreds of thousands in equity. about 250 300. 250 300,000 dollars of equity. And then. instead of paying 2,121. in rent, we could get like a one. bedroom, pay like 1,100. Now, obviously that sucks, that's hard. Obviously it has to be ground level, but. it saves you a thousand a month. I'll do.

even better. Okay. Um the plan is to move the hell out of. Northwest Arkansas and get to a place. where we can buy a house for 50,000. dollars. But you said you had to stay. there for medical providers. Well, it Yeah, it it involves giving up. on that. So, you're just. Right? It involves on It involves like. not necessarily worrying about being. near the best possible health care, right? It'll be a more rural farm a more. rural kind of thing, right? But, there. there's still help at rural hospitals,

right? They know what they're doing. Just doesn't need to be cutting edge, right? And you can get a house out in. the boonies for 50k in Arkansas. It It. might be closer to her family. Um you. know, it's sucked to be further away. from my support structure there, but. that is a possible The the the the the. Hail Mary play has always been Okay. sell the house, hopefully clear 230 250 after your. closing fees and everything else and and. then take that money and live off of it. at a very reasonable amount. You know, I.

I think that if you get out into the. small parts of Arkansas, you buy a. $50,000 house, you have a little bit of. land. Gives you $16,000 a year. for the remaining 15. So, that would be. difficult. pretty okay in Arkansas for $16,000 a. year. It ain't great, but I know people who do it. I know it. would be difficult. It's $1,388. No more $900 a month fast food at that. point. At this point. Yeah, McDonald's becomes the treat at. that point, for sure. At this point. Yeah, yeah, yeah.

But, that's the Hail Mary play. So, I'm. rooting for you Yeah. not because. you're a YouTuber, not cuz you're. sitting across the table from me, not. because of history or because you're on. the show, whatever. I'm rooting for you. because you're a human being who exists. on this planet. I'm rooting for you. I'm. wishing you the best luck, man. I I'll. be honest that I'm I am scared. Me, too. Yeah. Um I really hope you follow some. of the pointers we talked about today. Well, I'll tell you the first thing I do. is The first thing I do is pay off these. high interest debts. And never take out.

another one. Never. And I had no. And again, the thing I learned from you. here today is how bad these were. I had. no clue. that they were as bad as they were. That's what I do. Yeah. Uh. and yeah, IRS and then more. self-employment income or setting aside. some money for taxes. I don't think your. tax bill is going to be exorbitant, but. uh No, it'll probably be about another. two or three thousand this year. It. should be reasonable. It should be. reasonable. Potentially selling the. house. Oh, jeez. Yeah, really it's an income question and.

what you're not just willing to do, but. what you're able to do as well. Because. of physical things and because of your. background. And you're right, the. internet search, that's the killer. That's the killer. The The felony you. can seal. The internet search is. Never goes away. So, just have to. hopefully get hired by someone who. doesn't know how to use the internet. Well, the goal is to and and again the. head hunters I talked to, the the. employers that I've talked to, it comes. down to finding someone who doesn't. care. And we talked about that when it. comes to like people will hire felons. and people will hire whatever, right?

The we are second chance employers, right? Yes. And they will look at the situation. and you just got to find that one. sympathetic person. That's why I've. never given up on finding a job, right? They they keep telling me how impossible. it is. Why do you only do 12 applications this. year so far then? Everybody told me wait. till the felony is sealed. Wait till the. felony is sealed. Got you. Right? Like. imagine you apply for a place right now. and the felony's on there. And now. they're aware of you and now you apply. six months from now. They remember. you're a felon, right? Let's do it in. six months when the felony's gone and. they never even have to know I was a. felon, right? Now all we have to do is.

find somebody who can deal with my. disability. and can deal with the fact that they. Google my name, they see a bunch of. rumors. And that's the killer. That's. the killer. They're only rumors cuz. they're not true, right? And you just. got to find the person that understands. that. So, I I don't I don't lose hope that. that person exists. Please don't lose hope. Please don't. lose hope across this entire thing. That's going to be what drives you. forward. Let's just do one more guess. Just. one more thing. Across all your.

investments, not the house, but all. everything else that you own, Sure. you. can survive. nine months. Nine months and the party's. over. And think about. think about this positively cuz this is. how I'm thinking about it anyway. Okay. I get 9 months. to try to find. a work groove that gets this income up. that that deals with my my physical. restrainments that deals with, you know, my mental health issues that I that I. can find the right groove to bring in. this income before we have to sell the.

house. How many people walk in here that don't. have a 9-month grace period? I'm so. blessed to have a 9-month grace period. to figure this one out. Do you have any. final thoughts, any final any things? You know, I looked into what you were. doing here and you're clearly a very. entertaining person, but at the end of. the day, uh I I learned a lot here. today. Good. And. uh I I think this I definitely think. you're doing a very good thing for. people here. Uh. you know, uh you're doing it a very. entertaining way. I'm just me. And I.

mean, you know, maybe we butted heads a. little bit during this thing and that's. okay. Um but I think. I I think what you're doing here is much. needed. I I think the system is is. designed to take advantage of people and. not to make myself to be a victim cuz I. don't think it made took advantage of. me. I just made some bad choices, right? But I think there's a lot of people out. there who don't have access to this. knowledge, they don't have access to. this information and what you're doing. here really helps people like that. And. uh I'm I'm glad you're doing it, man.

I'm really glad and I'm glad to be part. of. that. That's cool. I appreciate that. And we've gotten official official. knowledge now. that Boogie did not buy a Tesla. I never did. Oh, for Mr. Boogie. If we. can't afford to live and we're spending. $900 a month eating out, it's zero. If. we have IRS debt, the debt category is. zero. The emergency fund category, I'd. love to give it higher cuz there is a. decent amount of money, but it was all. in crypto, volatile and the stupid. crypto, so two. Retirement, there's.

nothing, zero. I'm not considering the. crypto. And real estate, I'd like to. give it higher, but because he honestly. just can't even afford the minimum. monthly payment on right now, I have to. give it a five. And that's going to be a. Hammer Financial Score 1.5 out of 10. Make sure to check out all the resources. linked in the description below, including the best budgeting program. ever made. Thanks to all of our Patreon. producers for making this episode. possible. If you want to participate in. an episode of Financial Audit and you're. able to make it to Austin, Texas, please. fill out an application on the survey.

linked in the description below. You can. also send a link to your friends or. family who you think might be good to be. on the show. If you have any questions, you can email casting@calebhammer.com.