Choosing Mountain Dew Over His Future | Financial Audit

Hi, my name is Ron. I'm 33 from. Nashville, Tennessee and this is. Financial Audit. So, what do you do for a living in. Nashville? Uh I work currently work at a. call center. Um I work Monday through. Friday there 40 hours a week. Um I'm. starting a second job soon. Uh and then. I do some like side business stuff. So, some online stuff. Uh some things didn't. work out, but Okay, what's the what's. the pay at the call center? Uh it is. $18. Uh the new job is variable. It's.

uh 18. 1950. for working after 5 and then uh 20. $20.50 for working weekends. So, not a. lot of money. Yeah, so they do like pay. differential. or shift differential, rather. Okay, we had payroll. come in. $3,603. Does that sound about right? Uh yeah, that's about right. Um cuz some of that. stuff is some of the side things I do.

online. What do you do on the side? Uh I. run D&D D&D games online. Really? Yeah. Okay. Yeah. [laughter]. And how much time is that on a weekly. basis? Uh I the games are about 3 hours. a piece. Um. depending on how much I prep, it could. be like an hour or two. Um but it's really not not a ton. I can. prep them a lot in the meantime and then. if I uh get a couple groups that run the. same module or whatever, it's really. like not any prep at all. It's just kind. of run it. Right. So, it looks like you.

probably brought in. extra. say 600 bucks, 700 bucks from that? Uh. probably probably more like. Yeah, probably 600 bucks. One game just. ended, so that might not come back. Oh, no. How hard is it to get a new. game? Uh What do you do? Are you like. the DM? Yeah. Okay. And depending on like where I advertise. it is, like currently the site I'm using. um. is it's on like reviews and an. algorithm. So, unless you hit the. algorithm just right, it's kind of like.

eh. But, if it does hit you right, like. last year I made 10K from it. Speaking. of that that blessed algorithm, you need. please hit the subscribe and like. button. It really helps the channel out. We're so close to 500,000 subscribers. The blessed algorithm. Well, that's. cool. So, how many hours a week total do. you think you're you're working? Um. definitely. with the second job I'll be working. at least one day on the weekend, so it. would probably be like 80-hour 80-hour. weeks. Like it's going to be. Well, how long are the days on the.

weekend? So, one day Well, do you Okay. After the call center job, I mean, do. you sometimes work the same. day? Right. Okay. Yeah. So, it'll be. um. five days a week for both jobs, and then. one job will go um one day on the. weekend. Very So, it's going to be How did you. get into that. uh Dungeons & Dragons uh job? That's. kind of interesting. There's a lot of. people that would want to do it. Yeah, basically I was just playing a game. online, and then I was just.

learning how to run games better, and. one of the people that I watch just. randomly mentioned some website, and I. looked on it, and I'm like, "Okay, does. people actually get paid?" And. at first I was kind of skeptical, but I. was like, "Might as well just try it, throw it out there. If it doesn't work, then I mean, there was no money to sign. up for the site, so I was like, let's. just try it." And it kind of took off. Sorry, I made a mistake by taking my. drink in like 10 bubbles in my mouth. [laughter].

All right. So, what is your financial situation? What are we looking at today? What's the. summary, and then give yourself a score. zero out of 10. Um summary is not great. Like after taxes, it's um. just barely not covering bills stuff, and it's mostly because I recently got a. cat, so it's been my expenses going up a. little bit. Um. and then. Meow. love to sleep with me. Greatest cat. ever. Um. but it is soon to be better once I start.

the second job in a couple weeks. I. mean, it'll be much better, but I would. say now. two out of two out of 10, three out of. 10, something like that. You're working that second job already. Isn't some of that money that came in. from it? No, that would be from the D&D. game. What's the second job? I thought that's. what we were talking about. What's the. second job? The second job is also call. center stuff. It is just a little bit. different. How many hours a week do you expect to. be working with that one? Probably 40. Okay, so you're just going to be. working, working, working. And clearly.

that's to get out of the mountains of. debt. And it's a pretty thick. Yep. thing. Yep. It's a It's a lot of stuff, a lot of stuff that I, you know, Why'd. you get in a debt? Give us some. background. Give us some context. So, a. lot A lot of the debt came from early. 20s being stupid. Uh you know, moved out. of my parents' house, got mixed up in. the wrong people. Um before I moved in. down to Nashville, lived in New. Hampshire. Um so, a lot of the stuff you read. online and see on TV and all that stuff. about the drug problem is like real bad.

So, What happened? So, I I basically. like. got into with my parents and I. didn't really have a good like. support group, I guess. And I just got. mixed up in the wrong people, started. doing drugs and stuff. With your parents? No, not with my parents. With with the. bad group of people. Okay. And uh. you know, it just turned into going to. the bar five times a week, you know, $100 [snorts]. nights routinely going to the bar. So, it's just like.

On credit cards? Yep. At first it wasn't. credit cards. I would just like cuz I. was living in a van as well. Um more by choice because I mean, I was. just like, why pay rent when I can just. buy a van, throw a bed in it, and boom, I'm done. Um that's much more fun when you're 25. than 30? So, um. Yeah, you know, I just got mixed up with. the wrong people, you know, bars five. times a week, $100 nights, paying for. their drinks, too, cuz I was just like, "Hey, these are my friends. Why not?" Was this like just partying we.

had control or were there addiction. issues? Yeah, there I would say there. was addiction issues. I, you know, the. friends that I ended up partying with, they got into drugs, which What drugs? Uh a lot of weed, a lot of like, um at. the time it was like cocaine. They went. harder stuff, I didn't. Um. but it was a lot It was a lot of stuff. like that, like burning my paychecks on. that. And then when the paychecks ended. up not running out, um. I, you know, just credit cards, burn it.

I was I was not really feeling life, you. know. How long was this? How long was. this whole stint happening? Two, three. years, something like that. time to just be Yep. blowing away everything and just. Yep. Yeah, living at the bar and drugs. and everything. Yeah. And it was. One day I just kind of really just. stopped, like cold turkey, too. One day I just kind of got home from the. bar, missed my shift. I woke up at like noon. I was supposed to be there at like 8:00. And then my friend calls me and she's.

like, "Let's go out to the bar. Let's go. party." And I'm just like, "I'm so. exhausted. I'm so damn tired." And, you. know, she was saying like, "Well, if you. don't take me like where Like how am I. going to get there?" And then it sort of. clicked with me that. oh, I'm just like a free Uber? And I. don't like these people anyway. Like why. am I here? Like what am I doing? And. then, you know, from there, very shortly after. COVID hit. So, we're all at home anyway. I started a new job, got out of retail. Uh. you know, a lot of stuff happened, but. eventually I moved down to Nashville. with more call center jobs, remote work,

uh that sort of stuff. Were you able to. successfully hold on a job during this. entire period? Yeah, I worked at like chain pharmacies, um which is sort of ironic. But. And if you didn't have rent, well, I'm. curious why were we slide if it was, you. know, $100 a night, why were we slide. that obviously stacks up. That is. immense, but without rent, why were you. sliding into debt? Um it was a lot of. uh the $100 night started with that's. just the bar stuff and then it's the. other stuff,

um you know, marijuana and whatnot kind. of built into it and then a lot of, you. know, restaurants. Since I was living in. a van, didn't have a kitchen, I could. get like camp stuff and like boil water, have ramen, but eventually that gets. old, so I, you know, went to McDonald's, went to Chinese food, got pizza and, you. know, whatnot. Cuz even if you, I mean, was it minimum. wage, $7.25? No, it it was 16. So, I was making like, yeah, I was making Well, if you were. working $15, something like that, 8.

hours a week, 8 hours a day? Yeah. So, like 128 a day? Yeah. And then after. taxes? 30 37 and a half. spent all your money and then a little. extra. Yeah. So, where have we gone. since then? Um. money wise or just in general? In general. So, you started to you. escaped that life, COVID hit, you. started another job, going from there? Yeah, so I. uh started a couple jobs through call. centers, what not, remote work, what. not. Um eventually.

um they required vaccines, which I was. working from home, so it didn't make. sense. Um. So, basically I left that job, started. some D&D stuff that carried me a little. bit, um but I eventually like. couldn't pay bills and stuff, um looked. for a job around here, finally found. one, moved to Nashville, which was. expensive, also. Um just to get my stuff. down here was five grand or down there, rather. Really? Okay. Yeah, cuz I had to. get the truck. I moved it all myself,

but it was still like I needed people to. move it because my parents were, you. know, I'm. at the time I wasn't made up with them, so they weren't willing to help me move. You had a big falling out with your. parents? Yeah. Why? Specifically my dad. Um it's more. he he's just a [ __ ] Like he. um. not physically abusive, but he was very. like emotionally abusive and. manipulative. Um so yeah, it was a lot of that stuff. Um Is the relationship better today? Or. are we still in that situation? Uh. slightly better today. It's still not.

awesome. Like I work remote, so I. literally asked them like, "Hey, can I. just move back to fix that?" And uh. they were like, "No." And that sounds. kind of expensive. Yeah. Yeah, and it's. the pandemic. Yeah, and it certainly. has. It's not expensive like New. Hampshire was. Like New Hampshire is. still like stupid. Yeah, so um. but yeah, it's still it's still pretty. bad. Like my rent's almost 1250. Um and. that's that's that's like low-end, not a. great neighborhood. I wish I knew that.

before moving in. I don't know. Yeah, so. I kind of looked at reviews of where. stuff is, and it's like, "Oh, this is a. good neighborhood. This is not so good.". And apparently I got on the wrong side. of that neighborhood, so I'm not in a. great area, but it's still like that's. the cheapest rent I could possibly get. All right, well that's a lot of. background. Like give us a little. understanding when we're diving into the. situation. So we're going to go through. the debts first, and we'll hit your. checking account, and then anything else. that might exist. Yeah. The this first one's kind of a struggle,

cuz I actually can't see what the. balance on this Discover card is. This. it's just it's like a one-sheet wonder. of nothing. Um and then the rest have information. Because there's not very much in this. Literally the balance is. Oh, this is This is This is recent. This. is like the past. account? Uh no, this is uh credit card, but I had to put a car. situation on it. I had to get like new. tires, new I had to get some stuff. fixed. A lot of stuff. 2,797.

yet. Yeah, I mean, depends the tires you can. get. I don't think you need you don't. need like snow tires in Nashville or. anything. No, it was four brand new tires though. Some other stuff some maintenance stuff. that I've been putting off for like two. years. cuz I just didn't have the money. So. So what's the balance on this card? Uh, it is just over this. It's just it's. just about 3,000. Yeah. Dang. All right. So like what you the. charges you see here this so it's. probably not even 3,000 but the charges. you see here is everything on the card.

What's the minimum monthly payment on. this thing? Uh, don't know it hasn't. hit. I would assume it's. 50 bucks. Based on interest stuff. Mhm, I'm going. to guess it's more like 30 cuz sometimes. they just want you to drag it out. Yeah. Uh, it's probably like 25%. interest yeah? Something like that? Yeah, something like that. Okay. So, we need to talk about another thing that. is happening here throughout this entire. situation. You're trying to get out of. debt, you're trying to do all this. stuff. You have swapped your addiction for. another addiction. Go ahead and hold it. up, show the camera.

You're obsessed with that. Yeah. Like. every second of your life. Every time I. see like a $5 purchase from a gas. station, I'm assuming it's that. Yeah, pretty much. Right? Two a day. So on a card that we. opened right for this car thing? You. opened it for this car? No, it's it's. been open for several years. It's just I had that debt paid off with. one of the personal loans that you see. in here. So you consolidated it with a personal. loan and then And then I had to put the. stupid car stuff. Then you put more.

money on it. And this is why we have. emergency funds. Not having an emergency. fund is an emergency and that's why I go. intense to get an emergency fund. But even though you put that on there, then we went to Dunkin Donuts and we got. three Mountain Dews. Yeah. Do you get. anything else when you're there? Um, some sometimes I get water but no, not. really. Cuz like I mean it adds up dude. And. then you get a single Mountain Dew cuz. it's like five bucks? Six bucks? Two. Mountain Dews. Okay, I was going to say.

Two for four, that's how they get you. Two for four bucks. What? That's how. they get you? What? That doesn't sound. appealing to me. That sounds like a. terrible deal. But you save 50 cents when you buy them. Do you ever go to the grocery store and. just get like an a thousand pack from. Costco? That's true. I should probably. do that. Probably. $10 more? I don't know. Whatever it is, I don't shop for it. Yeah. But Probably. cheaper, but I should probably just. quit. That would be the best, but. Probably. USAA. We have a new balance and this is where.

things are starting to stack up. $7,712.24. With a minimum monthly payment of $202. That's like death with interest charge. of $124.68. just within a month. Luckily, you you. did not and you put a little more. towards it and you did not spend. anything on there, so this is okay. But. total interest loss this year so far and. we're not even fully halfway through the. year, $631. Gone, stolen, burned, killed. And let me.

guess, not even not even guess. I know for a fact of only one statement. went through, we got six Mountain Dews. There's some statements where it's just. swimming in Mountain Dew. The money that. you put towards that just syrup of. diabetes Yeah. could be paying off the debt of death. Why are we choosing not to do that? Uh. cope. I don't know. It's just make. myself feel better. Just Mountain Dews. make you feel better? Yeah. I mean, it's.

basically just swapping, you know, bad. drug addiction with food addiction and. Mountain Dew addiction and Amazon buy. crap addiction and Are you in therapy? No. Therapy. You have health insurance? I do not. I We'll talk about that. Yeah, with the second job, I mean, it's. starting in a couple weeks, so I could. opt for it, but my original job I didn't. make enough money to even pay the bills. So I just figured if I get health. insurance too, it'll just be that much. worse. Well, you can't pay the bills if we're. spending hundreds of dollars on stupid.

Mountain Dew a month. That could be your. health insurance. Yeah. Would be healthier in general, too. Yes. We have you another USAA card. Yep. USAA. number two. Smaller balance, 367, much. smaller balance. But we're still. purchasing on here. You purchase half of. what you put towards it in terms of. payment. Mhm. With a minimum payment of. $15. And let me guess, you went and got.

Mountain Dew. Uh with that card I maybe. One of One of. the cards, I can't remember what it was. It was like business stuff for the like. incorporation, but I can't remember if. it was that card or not. Yeah, it looks like it was just these. three purchases on it. Yeah, but I don't know what the. purchases were. Either way, interest, losing it, still spending. money. Then we have a Costco card. Yep. Ooh, with minimum monthly payment of. $199. Yeah, that Some of these minimum.

monthly payments are draining you. Yeah, this one I think it's because I. over over my credit limit, which is why. it's so high. No, are you? Oh, credit limit of $750. and you have a freaking stupid ba-. I think that. What the [ __ ]. Dude, no. Seriously, what in the world? If you know you're over the credit. limit, you just said that. Why don't you. put $185 of purchases on here? Why. possibly did you do that? Yeah, that I. don't know. It's just You don't know? Prob- Probably stuff like gas, probably.

stuff like thought I needed stuff from. the store, but it is ended up being just. BS, stupid, just junk. Dude. And $14.30 of interest. It's ridiculous. Legal Zoom. Yeah, that. might that might have been the. incorporation. uh. of like the D&D company. I probably just. put it on the card instead of just I'm. curious about this D&D company. I just want to pay stuff and that's a.

30% interest. can find players, I it will definitely. pay. I mean, there's. minimum payments of $20 to run the. company in general. you're not losing any hours from your. other jobs, right? Right. So, it's okay to do that. I'm okay with that. As long as if you're not taking away. hours away that is using that money to. pay off that. If you're not taking away. those hours in order to start up. something Yeah. You know, that would be. a lot of inherent risk, but you're not. doing that, so No. We'll see. We need to. get the whole situation together, but. we'll see.

Luckily all online, but. What's your car? Uh it is a Toyota Camry, 20 10 or 12. Miles? Uh 100 and. 130. You just put a lot of money into it. Yeah. You put almost you put a half as. much money into it as your loan is worth. on it. Yeah. So, really I mean, the car's. loan just went up because of what you. just did essentially in a way. Yeah. $5,438. is left. Yep. What's the interest rate on this? I do.

not see it. 4.99 Okay. So, that's. probably the only good part of my entire. finances is the. good part of the entire finances the. interest rate. Okay, with a minimum. monthly payment of 170. How much longer. till this is paid off? What term did you. take out on and how long has it been? Uh. it's been max amount of term, like 72. months or whatever. I got it start at. 2020. So, like right before the pandemic hit, I started that job. Sold the van, got a. car, moved into apartment. [sighs].

This personal loan, dude. So, this was. to consolidate a card? Uh it was consolidation of. two or three cards, a card, and then. yeah. And then. the rest of the loan balance of the van. that I had went on this. Jeez, dude. Do. you still have that van? Nope, it's. gone. I sold it. $18,173. at a. 15% interest rate. Death, absolute death with a $584.18.

minimum monthly payment. These minimum. monthly payments are going to kill you. Are those all your debts? Um I have student loans. Oh. Currently Currently deferred. What did you go to school for? Uh. business. Did you graduate? Yep. From where? Uh Southern New Hampshire. University. Okay, cool. How much in federal student loans? Uh. 30,000. I I'm going to look right now,

but. So those are going to resume in like 2. months. Yep. That was my big. reason of getting a second job is. because I was just listening to your. show and they're like, "Oh, student. loans are going to come back." And I. thought, "Oh, I thought they were going. to forgive those." We should probably do. something about this. They're going to be about 4 to 6%. interest rate depending on the. subsidized and unsubsidized versions of. that. Probably a $375 minimum monthly. payment. Rude. It is. Rude. $38,890.

$38,000? Yep. Dude, that's completely different. It's. going to be. about a. $475. minimum monthly payment, my best guess. Dude, that just threw That's just. throwing more into this. Anything else, please? Not that I remember. Student loan, personal loan, auto loan, and then credit cards. And that That's.

pretty much covers covers what you see. That's all. Only that. Yep. Luckily we. have debt minimum monthly payments of. 1,645 meaning. basically half the money that comes in. from your primary job. Yep. Half the. money that comes in Yep. is going to. minimum monthly payments. More than. half. Luckily you have those other side. hustles but. end me now. Yep. Getting bailed out by. parents as well well mom as well. Good relationship with her is still bad. with dad but. She married with dad's still?

Yep. Oh. They're like diametrically. opposed people but she wants to help me. I mean she makes 200k. She's like I. could literally give you the money to. pay all this off but my dad doesn't want. to so we're kind of Well I mean I don't. want anyone to be enabled either. I. don't know the entire situation but well. we will come back to that subject. [laughter]. Okay. So it looks like you spent about. $400 on Mountain Dew. Yeah. Oh wait well we haven't even gotten to.

checking account so spoiler alert. spoiler spoiler. [sighs]. But the. minimum monthly payments were crazy. dude. Absolutely crazy. Yep. And the interest that's accruing on a. minimum monthly basis also just creates. hundreds of dollars. [snorts]. I feel bad. Sucks. You got I'm glad you got out of. addiction. Have you fallen. back into any drug alcohol habits? Well. alcohol it's still yes but I don't go. out anymore. I buy it from the store.

Do you feel you have any addictions with. that? But okay so it's just like Yeah. Free time bored. Okay. So. that's always been fine. It's the other. stuff. Therapy. We got to get you into therapy. You replaced the white powder. with the green. liquid of. diabetes. So. do you have diabetes? Nope. Not that I not that I know of. Yeah. I haven't. I haven't been to a doctor in like 5. years so. Well you can also just.

Are you afraid of being pricked? No. not. really. We're going to check your blood. sugar. Okay. Okay. So, you start with 26 freaking dollars in. your checking account. Yeah. Like, burn the world down. That's can't. survive off of that. I'm glad we were. able to minimize when we went out and we. ended with 1,245. I assume a lot of that. is cuz your mom, though. Yeah, we will. see. Either way, what are we doing in. here? Laundry, that's a Okay, you spent.

a lot on it, but if that's what you have. to do for your complex, totally good. Obviously, we need that. That's. something that we're going to cut back. on. Hopefully, we can move into a place with. a dedicated unit, but obviously that'll. probably come with more cost anyway. So, either way, that's okay. Uh excuse that. Don't excuse two Mountain Dews, two. Mountain Dews, PayPal and out for. something, uh $35.66, two Mountain Dews, two Mountain Dews, two Mountain Dews, Dunkin' Donuts, washing clothes at more laundry. Yes. Then we're good with that. Dunkin'. Donuts, Dunkin' Donuts. That's a pet thing, but um it's.

reasonable. Yeah, obviously, if you have. a pet, you should take care of it. Should never get into a pet situation if. you can't financially. I don't know. Uh but we'll figure that. out. Two Mountain Dews, T-Mobile is quite. expensive for T-Mobile. So, I'm assuming. that phone is financed that you have. Yes, my other phone. Anything else is financed through them? Like a watch or an iPad or anything like. that? Death? Okay. No. So, I was running my D&D games literally. through my phone, which is the only. reason I bought it, but.

through the internet. Two Mountain Dews, two Mountain Dews, two Mountain Dews, two Mountain Dews, Cloak and Daggers L Funding. Yes, that. What is this? That was for Cloak and Daggers is the. business that I opened. That's the name. of it for the D&D stuff. Mhm. Uh the funding is a bank account. that I opened dedicated for the. business. 100 bucks in there? Yep. Just close that. Okay. It is a business checking, right? Yes. Okay, and you formed an LLC around. this. So, that's what okay. Two Mountain. Dews, two Mountain Dews, two Mountain.

Dews, two Mountain Dews, Dunkin Donuts, Dunkin Donuts, Amazon. I bet [snorts] a lot of these Walmarts. were buying Mountain Dews, too. Or only. gas stations. Uh it was only the gas. station. I don't buy Mountain Dew at. Walmart. But that makes more sense financially, but either way. [snorts]. Two Mountain Dews, two Mountain Dews, withdrawing $20 from ATM, who knows. where that went. Two Mountain Dews, Amazon, two Mountain Dews, Dunkin Donuts, Dunkin Donuts, Dominos, Amazon, Amazon, Amazon.

And then what is this? You paid Fiverr, someone on Fiverr for something 6330. Mhm. With [clears throat] what? It was. my. chronic. side hustle things. I just like while. I'm working, I have people on Fiverr. just do stuff and then. Do what? Make logos, make. stuff like that. Like it You can't make. logos? I could, I'm just not. If you can, you. should. Yeah. I can't, so I would outsource. Okay. Yeah, it's just that But you can't.

really afford it. You're putting money. into the business, not getting money. from it. More Lending Club, $584. [snorts]. So, on the business account? No, that was. This USA isn't the business account. This is just my regular checking. account. but that went into the business account? No, that was that was for just the loan. That was the loan payment. Oh, that's. your personal loan, isn't it? I mean, that's right. Okay. And two Mountain. Dews and Amazon, and two Mountain Dews, two Mountain Dews, two Mountain Dews, Oh, I missed this page while I was going. through it. Two Mountain Dews,

Dunkin Donuts, two Mountain Dews, two. Mountain Dews, two Mountain Dews, two. Mountain Dews, Dunkin Donuts, Dunkin. Donuts, paying for Midjourney, [snorts]. Amazon, Amazon. Yeah, the animal hospital. I mean, that. I get it. I get it. We take care of them. This is very. expensive in your situation. Yeah. And two Mountain Dews, Amazon, PayPal now 40 bucks. I don't know where. that went. Two Mountain Dews, two. Mountain Dews, and Wendy's. That's. insane, dude. That's insane. That's. That is so bad. All I'm saying is that.

is not good to put into you. And I know. I am overweight, but. um. so. I'm like preaching to the choir, but you. know. Yeah. And I I know it's bad for. me. It's one of those things that's like. every time I go in there, it's just like. on it. There's 70 77 g of sugar. And I. know that I could probably recite this. whole damn label to you, but yeah. 200. calories, is that what I just read? Yep. 210. 290 calories. Uh 90 for this. one. Yes. Um. so every time I And I know that going.

in, but it's just like. do you drink a day? Uh roughly two. Um. if it's a bad day, I will go and get. more. 600 calories out of your two to 2,500. calories Yep. goes to a liquid. Yep. Yeah. And it's just like I know it's bad. for me. Like logically I know, but it's. just like. it's just BS cope. It's just like when. people. go to the mall and just retail therapy. It just says my therapy is just Yeah. Dunkin' Donuts and Mountain Dew and. Yeah, that Dunkin's that's another.

thing. That's another thing. Yeah. They're not donuts. They're breakfast. food. But still, it's still. What's up, guys? It's expensive, and it's also usually. not the healthiest anyway. Yeah. So. let's talk budget. Yeah. We have your. rent at 12,500, right? It's a 1233. Tw. Tw Okay. [snorts]. 1,233. That's right. We have your phone bill at. 119, rounded. Yep. And. what is utilities, internet? So this is gas, electric, water, sewage,

internet, trash. Usually a lot of that. is covered by the apartment, but what is. that all combined? Yeah, so the water is. covered, um but everything combined roughly. internet, utilities would be 175-ish. Probably higher in the the. Um cuz I like it cold, being New. Hampshire, but the heat kind of kills. me. you. I do that down here. And what about. your gas? Um, work from home, so not a lot. I.

probably 200, 175, something like that. I'm going to go 175. Okay. Cuz you're. going to limit. [clears throat]. The health insurance you don't do. Mhm. Can I take a look at that? Yep. What is. this? Uh, I redid the Well, I followed. watching one of your videos about just. giving myself 300 for. uh, food and, you know, 100 for. utilities and stuff. Um, it's still made me go over my. budget, so I, you know, kind of had a. small coping with food and stuff, but.

it's still like it it's. you know, after this trip, I'm going to. like hammer it hard and like see a. therapist, you know, stop coping with. other substances and just like. go hard on this step. You use Nintendo. online? Yes. Okay, I'll allow it. It's. only three bucks. Um, but all other subscription, Netflix and. all that crap, let's cancel it, yeah? Yep, I don't have any of that. These two. are subscription, but they're business. stuff that I need to put into my. Yeah.

I'm good with that. Okay. And then yes, we'll give you $300. for food, groceries, and we'll give you. for toilet paper and other household. items and soaps and all that good stuff. and hair products and deodorant and all. that stuff, 100 bucks. Okay. We're going. off brand, we're going cheap, we're. going cheap, we're going cheap. Mhm. And then, we also have minimum monthly. payments. of.

1,000. 645. It's about to be that because the. student loans are going to start up like. immediately throughout this whole. process anyway, so there's no point in. not including it. Your net wages is lower than we had. Um. I think some of the stuff. Yeah, think some of the stuff that you. saw was help from mom. Oh, no. Okay, so. we're reducing you cuz this is a more. accurate number, right? Yes. This this is specifically what my. paychecks are averaged on another one of. these sheets or whatever. On a monthly. basis? Yep.

So, 2,600. Yep. 84 Yep. Okay, and we we need to talk. about that mom help, okay? Yep. Hopefully the second job, man. That's. got to I hope so, dude. Oops, it's guaranteed? It's already. happening? Yep. Okay. Yeah, I signed all the paper. I'm doing. the pre-employment stuff. Good. Okay, let's see where this adds up now. and see what we can fit in for different. things. Yeah, and if anybody wants to learn how. to play D&D, I'll show you.

I'd trust you as my dungeon master. I haven't played in a very long time, but. Yep. I usually get a little um I always. just like zoned out after a while. Yeah. But That's why I keep my games to like a. very tight 2 and 1/2 to 3 and 1/2 hours. because after that people fade out. People do like marathon 6-hour sessions. and it's like there's no way unless. you're like. one of the professional D&D shows, people after Yeah. Yeah, they're got. they're done. That's nice. I'll tell you. what's not nice though, the fact that. you're there's a $1,000 difference.

between what you bring in and there's a. $1,200 difference between what you bring. in and what's going out. Mhm. In a. completely tight down budget. Tight down budget. you know, buckle and everything down. $3,844 on a minute minimum monthly. basis. We we we can't do that. Yep. You're not. going to survive. [snorts]. This is a be in debt for the rest of. your life situation. Tell me how much. money extra is going to come in on a. monthly basis from your second job,

which good for picking that up, good. job. Yeah, I mean it's going to be another 40. hours a week at a similar pay, so it'll. be slightly more than that, but. Another 40? And you think you're going. to be able to sustain yourself? Uh. probably not, but if I do it for 2 3. months, I kill out some of this debt and. my initial job would be better, but I. mean, if I can do some of that, do some. of the D&D stuff, um. you know, I think I could. get to a point even with one job, although I'd prefer to do two for at. least a year just to kill this. I'm.

going to bring you to about $5,000 for. income then. Okay. And the only reason. I'm doing that, usually I don't do. hypothetical, but you've signed the. contract, you're doing it, and you're. ready to go, so I'll give you that. Tell. me about this help from your mom. What's. happening? Um so, I mean, my mom like. understands the situation cuz my brother. had addiction stuff happen, too, before. me, which is just, you know, terrible, and then my my dad probably is like. an alcohol, you know, with addiction, but it's just one of those things that. she she knows, she understands, but my.

dad is just very like. I guess he's doing the right thing and. not enabling everything. Sure. But, you know, with my mom, she feels. bad cuz my brother went through it. What. was he addicted to? Yeah. What was he. addicted to? Similar. Okay. Like he was. like he stayed with more of the. marijuana and not the other stuff, but. he did get both. And then, you know, it's just. my feeling now, like after all of this, like after watching your videos and then. doing this budget, which. I honestly made me cry after seeing it, it's just like I'm asking my mom for so.

much damn money. $1,300 came in on that. statement. Yep. And it's just like, yeah, she. basically pays my rent like every month. Um and it's just like. Yeah, and she, you know, she makes enough money, she. makes 200K, so she can she can. deal with it, and she gets pension from. the military, like her she's fine. But. she's a mother. at 33. Yeah, it's just like that makes me feel, you know, after all the addiction stuff, still now less of a man. I can't even. take care of myself, and I'm in my 30s, right? And then on top of that, it's.

just like. she could be investing this stuff. She. could have you know, fun vacation stuff. here. Even then, like thinking even more. down the line, I'm essentially stealing. from my brother because when my parents. get both go, he's going to get half, but. I'm taking huge portions of it now. So, it's just like after moving to. Nashville, getting my life together, you. know, trying to actually go back to. church. I haven't been to church in like. 20 years. I'm just thinking about some. of this stuff and it's like it's not.

fair to my mom. It's not fair to my. brother. Like I want to like actually. fix some of this stuff and like. [snorts]. Your assessment of yourself is 100%. correct. I don't have to Usually I have. to dig in on people cuz they're just. they need a wake-up call. They're they. just do not know the. full extent of their situation. They're. like, "Yeah, it's not good, but it's not. that bad either." I mean, you know your. situation. That is exactly how I'd say. it. Right now, this the in the most. brutal way possible, yes, your life is.

shaping out where right now you are on. the road to just being a failure. Mhm. But, you have done the right thing of. getting the second job, building out. your budget, coming on this show, dude. I'm incredibly proud of you. Everyone. out there is probably incredibly proud. of you. You are doing what's necessary. You've acknowledged your past. You're. starting to overcome things. We need. some more things to overcome. Cough, cough, I'm out, dude. Mhm. Um but, and maybe utilize that degree. for a better 40-hour paying job. Yeah. But, that's that's an issue of mine, too. I.

don't know how to look for a job. Like. I've tried to apply for you know, real jobs out of school. Like you know, the ones that pay 50, 60 starting out or. whatever. I just never hear back, never. get called from anybody. Like I I don't. know if I get lost and my resume's just. not great and get lost in like the. applicant tracking system stuff. Yeah. Um I just I don't know what to do. Like. I know I can get a better job, not an. $18 an hour job, but it's just Yeah. it's not there. Like, you know, I'm. starting the second job now cuz I even.

got passed over for a for a promotion at. my current job, who my boss knows I have. a business. to do? Honestly, like the end goal is to start. a business. Okay. You know, but it's just like I'm with. the mountain of paper, I'm obviously not. going to do that in the next 5 years. Well, you've also. your resume probably isn't incredibly. strong just based on your job. experience. You've been doing jobs, but. it just hasn't been like, you know, the. best to translate into the jobs you'd. probably want to do that would be more.

money for the 40 hours a week. One thing. you can always do is look at different. certification programs. Um, so I mean, you know I you probably watch my videos. You know that I work with Course Careers. and they're really good. That's for a. few tech jobs. If you want something. outside of that, there's other uh. programs. So, that might be something. worth considering. Mhm. But, [clears throat] I do So, though I want. you to potentially get a better paying. job or have a successful business, that's fantastic. Right now, I am glad. you're at least buckling down doing the. 80-90 hour a week to just kick cuz we.

have to even with your $5,000 a month, it's giving us an extra. or we'll just I mean, it is a bit of a. guessing game, but $1,100 extra. essentially. Yeah. Uh. and what I would do from here, two of these credit cards are very. What's your credit score? Um. Actually, I don't know. I think it I. think it's like six in the six. somethings, but. Okay. Um. I mean, it was one at one point I had a. 7 720 credit score.

650? Yeah. Okay. [snorts] Cool. 650 on. one, 720 on another. Oh. That's because I'm named after my dad. and he has good credit. [laughter]. So, that's probably why the car is so. low. It's because of that. They probably. pulled that report. Well, this is what I. would do. The Discover, USAA one, USAA two, Costco card, I'm going to try to consolidate that. into a credit card consolidation. Either. we're opening another card credit card. with a 0% interest and we're doing. transfer. Pay the transfer fee and well,

which will go on the card and then we. will pay it off as aggressively as. possible. I would rather you do that or we. possibly consolidate them into Another. personal a personal loan. That's because. the 15% is still beating the 30%. interest. Yeah. So, your minimum monthly. payments are just so insane on two of. them being one of the USAA's and the. Costco card that if we can just get this. under one belt Yeah. and make the. minimum monthly payment a little more. manageable, especially if it's a 0%.

interest. credit card. then we're we're starting on the right. track. What I don't want you to do and. why certain people like Dave Ramsey are. against refinancing, I don't want you to. get all this together, refinance and. then think you made progress and you. know, let off the pedal. Yeah. Like we. still got to go crazy. Yeah, or run up. the credit cards again. We still got to. go crazy to then pay off that debt. We're just trying to save you some money. on the interest rates. So, I think we do. that. We bundle. at [snorts] least the big USAA and the. Costco card into something else. So,

we'll call that. If you can do it all, that'd be. fantastic, but. Yeah, cuz the Costco one the minimum. balance is so high is because I'm over. the limit. So, they want me to get you. get down. So, it'll be lower than that. when and that's happened, but. That's true. So, let's consolidate them into into. into about 12,000 bucks after transfer. fee and stuff. Okay. I think that would. be really good. That's a play. If it's. not, then do them. Get we pay the Costco card until it's.

under the limit and then we do just the. smallest to largest, which will be the. second USAA, then the Costco card, and. then the Discover card, and then the. Visa. Try to consolidate them if you. can. Then that brings it to $12,000. Then we have a personal loan, we have. the student loans, and we have the car. loan. Hate this, but the car, especially. since you put money into it, should last. for a bit. Yeah. Uh. with electric cars That car has to last. me, you know, like 10 years probably. Hopefully. Do you say it has to or it. will? Uh it probably will because it's a. Toyota. Yeah, but you just put a lot of. money into it. Yeah, I would rather it last me, you.

know, at least till 2030. That'd be 20 years for a car life, so. I think we're a minimum monthly payment. till that is paid off. And then what. we're attacking, do you have anything in. savings? Uh no, I have some stuff that I. had put into Bitcoin at one point, but. it's like a thousand bucks. Okay, pull. that out immediately. We're putting that. into a high-yield savings account. And. then this extra thousand. 100 that you have, so $1,000, 2,000, 3,000. [clears throat]. For another 3 months we're saving up.

that $1,100. essentially, uh 2 and 1/2 months, so. that we can get to about $4,000, $3,800. Once you get to $3,800 in a. high-yield savings we're going to leave. it there. For emergency fund. That's your covers you for a month. All. your expenses for a month. In case you. need to just something bad happens and. you need to figure everything out and. scramble. So that covers you for a month. You. don't touch that unless you absolutely. have to. For any reason. From there, so we're 3 and 1/2 we're 2.

and 1/2 months in. [clears throat]. $1,000, $1,100 a month. starts getting thrown at the new. consolidation loan that you will have. taken off the $12,000. That'll take you about 11 months to pay. off. Mhm. And of course, unfortunately, the other. personal loan will still be. you know, accruing interest and charging. during that time. That'll take you 11. months to pay off. So now. we're about 14 months into the pro- into. this. situation.

Just giving a little wiggle room, let's. talk, you know, let's consider the rest. of this month, the half month. Okay. So 14 months in, then we're probably. going to have about unfortunately. because of interest and what's going. towards principal on the. personal loan, 16,000, we'll say $15,000. left on that personal loan. And then, minimum monthly payments will. be less because that is covered or. because all those credit cards being. gone. So, we are going to say there's. 1,500 you can throw towards it on a. monthly basis.

With that, you have another 10 months. So, 14 or 24 months of doing this. Now, your student loans, what we're going to. do is anything that's above 4% we are. paying off aggressively. Okay. Let's say. it's half of that, 38,000. But, those. are definitely last, though. Just cuz we're going to go smallest to. largest on this, and the interest rates. are less anyway. Okay. Say half [snorts]. are. above that 4%.

Hopefully. Yeah, I think they are. So, 19,000, and then again, now you're. going to have about $2,000 to throw at. this on a monthly basis. That'll take. you about 10 months. So, 2 and 1/2, 3 years? It's going to be a. solid three. Solid three years to get out of the bad. debt. Then you have your car, the car. will be close to being paid off anyway. at that point. And then, student loans, anything that's below 4% we're doing. minimum monthly payments till they're. paid off. Okay. As long as you are. investing the rest. If you're putting. the rest towards it that you would put.

towards it, uh towards BS, towards Mountain Dew, we're not doing it. Okay. We're not doing it. But, if I put it like investing, Then we're good. Okay. But, at that. point, we're still going crazy for a. little bit. We're probably going to save. up for another 5 months to get a fully. funded emergency fund, whatever that. equals out to. With the debt payments, with where you're at, we're going to. call it. without the debt payments at that point, $15,000. Save up to $15,000 as soon as. you can. It might add an extra year. So, 4 years, all your debts are gone, fully.

funded emergency fund, 37 years old, and you have your entire. life ahead of you, and it would be. incredible. Be great. Be the most. amazing life. So good. Mhm. Now, I want to stretch this from 4 years to 5. years because I'm also going to add. a couple hundred bucks a month. towards therapy. Okay. You can take. advantage of uh look at the local. resources in your area. See what you can. get low cost, what you can get.

virtually. Stuff like that. I would recommend also. getting health insurance. I mean, that's. going to start adding money, and that's. going to, you know, probably take it. like 5 to 6 years at this point. But, cuz you'll need that in general. You. want to take care of yourself. There's. no point of correcting all of this and. living the rest of the life if the rest. of your life is unhealthy and you just. you can't live it anyway. Right. So, we're taking care of ourself. um through health care and mental health. so you can get through this. And then, you know, I. uh it's up to you, your mom, your.

relationship. If she wants to help. anything, that's up to her. As long as it's not enabling you, I'm. good with it as well cuz it's her money. It's up to her to do with what she. wants. Mhm. So, that's fine as well if she helps cover. the therapy or whatever, but don't ask. for anything. Yeah. Just. maybe have a conversation like, "Hey, I. was on the show. Watched the episode. cuz everyone should share them. And, you. know, I'm going through this situation, and this is this is where we're at.". It might just be good to keep her.

informed. She's your mom anyway, so. Yeah. Either way, at that point, you're. probably going to do. uh 50%. on needs, 35% on investing cuz you need. to play drastic catch-up at that point. Yeah. Uh for, you know, let me tell you. about 70. Yeah. Uh you'll be able to. retire then, hopefully. Uh you should if. you throw about 35% towards it. Then, another 15% will go towards fun. Okay. And you can have more fun if you cut. down on other needs, but minimum 35% of. your net is going towards investing.

Okay. Okay. So, that's my plan for you. It's a brutal one. Yeah. But, we've lived It's going to be. hard, but it's because of the life. you've lived, and that's fine. We've. accepted personal responsibility. Now, we are doing the actions around that to. make sure the rest of your life is. absolutely fantastic, of which it will. be if you take care of yourself. financially and mental health. Yeah. And physical health, as well. No more. liquid diabetes. Yeah. I'm sure if I go to therapy, that. would just be gone anyway cuz I'd feel. better, so.

Just mentally. Maybe I mean, you. probably You definitely have a caffeine. addiction at this point. Yeah. Teas are good. You don't have to get a. sugary crap like this. I wanted to try. it today. That's That's probably just as. bad as that Mountain Dew if I'm being. honest. But, coffee's and stuff that you. can brew at home. Find what you like. It's fine. And I'm totally cool with um. drinking pop in general. Yeah. Uh as long as it's, you know, well. mitigated and within a budget. But, right now you just can't afford it, and. it's bad for you the way you're doing. it. Cuz that 300 calories, I mean Yeah. Death. Yeah. So, that's what I think.

It's a brutal one, but I think you have. the ability to overcome all of this and. live a good life. I would love to know. your thoughts on all this. Will you. actually follow what I laid down cuz. that's hard to do this for six, seven. years depending on how hard you go. Yeah, and I certainly will like um. with all things like I will do my best, but if I fall off, it's probably going. to happen in 6 years time um. fall off the wagon with what the plan.

is, but. I will Yeah, I will do that. Once I get. into therapy, I'm sure all that stuff. will. and help as well. Cuz I won't be coping. so much. It's not a magical fix, but. Yeah, [clears throat] I just won't be. coping as much buying Mountain Dew or. crap on Amazon or whatever, so I think, you know, that alone will pay for. itself. Find things that you enjoy. cooking that make you excited like. getting the Duncan. Yeah. Definitely. A lot of stuff like. point we save up a seltzer machine and. use seltzer as something so you get that.

fizzy deliciousness, but at a much. cheaper option. Yeah, definitely. Definitely, definitely. Any final. thoughts? You know, thanks for having me out. And. if anybody wants to help me with this. debt situation, you know, I do run D&D. games. So, if you ever wanted to learn. D&D, I can gladly show you guys. Just. Yeah, but website link or anything? Uh I. do. It's through a site that I use. Um. so, I can definitely give that to you. guys or email it to you and then. It'll be in the link in the description. below. Yep. And if not, I'll put it down. there. So, yeah. So, if you want to ever.

learn D&D, come on down and I can help. you guys out and. you know, thanks for having me on. Very cool. For Ron, it's an incredibly difficult. situation. It's going to be such a grind. going forward, but I think he can get. out of this if he really buckles down. This is going to take a long time, and I. hope he doesn't give up [music] as that. process continues. But, you know, coming. from a lot of trauma in his life, a lot. of addiction, everything like that, I. would really hope he's able to improve. and live an amazing multiple [music]. decades rest of his life. For his hammer.

financial score, it's going to be really. low right now, but it's going to improve. if he follows this plan. For his. spending, I mean, it's even his very. buckled down monthly budget, he's still. well over his budget. So, zero out of. 10. His debt, he's not in collections or. owing IRS anything, but it's still. pretty terrible, one out of 10. Retirement, nothing, zero out of 10. Emergency fund, nothing, zero out of 10. Real estate, not even a part of the. conversation, zero out of 10. So, hammer financial score, zero out of 10, but I really believe he's going to. increase that and have a better life. And he's he's a good guy, so.

uh give some love to his D&D. And don't. forget, if you want a free $5, sign up. for Acorns using the link in the. description below, you get a free $5, I. get a free $5, we all win. [music]. Don't forget to follow my Instagram and. Twitter. Thanks.