Clueless Wife Suffers Financial Infidelity | Financial Audit

Yeah, it's not good. No. I knew knew about this. You've literally. confessed to you not talking to me about. my finances, not sitting down and. talking with me and showing me any of. these, not communicating very well, feeling overwhelmed, but I love that. every single time I ask you about it you. go, "You knew. You knew that." No, I did. not know. Hi, my name is Will and I'm 35. Hi, I'm. Hannah and I'm 35 and we're from. Jarrell, Texas. And this is Financial. Audit. Perfect. Well, thanks for coming down, guys. Uh whatever from Jarrell I don't I.

don't know what that is, but thanks for. coming down. So, I know we kind of have an. interesting uh couple's situation here. Married, how long have you guys been. married, by the way? About 7 years, coming up to 7 years. Your financial situation's weird. Yes. Maybe. Things are separate, maybe. I mean, is it that weird? I don't know. I don't think it's that weird. It's a little weird. What do you mean? How's it not weird? Okay, well, they. they have no context, so let's give them. more context first and then they can. decide. Okay. Uh how would you explain.

your situation because I'm. told you have quite interesting takes. Well, I mean, my wife and I we've been. married, but we've never really combined. finances. So, we just kind of each pay. different things and we kind of keep. everything mostly separate. Um. well, I think that. to be honest, she has a bit of a. spending issue sometimes. Like, I don't. really trust her to have like a joint. bank account with me. Um You don't trust her, your wife. You. don't trust.

your wife. Uh well, I mean, I trust her. down to. Yeah, okay, maybe that came out. wrong. Um but I mean, I have I think. insecurities about. Based on what? Based on. um I mean, I think that. we have uh different ideas sometimes of. wants versus needs, I think. I agree with that. I think that we do have. different wants and different needs. How do you have different needs? What. are the different needs? Wants, fair.

enough. And we can divvy those out, and. people can, you know, we put our wants. where our wants are, but needs, how are. our needs different? Where's Where's the. difference? Um I think a lot of it comes down to. I think aesthetic choices aren't. necessarily needs. Sometimes they're. more wants, like uh. furniture or something. Like I have. trouble um. Do you think furniture is a need to. survive? To exist and survive? I do believe that things for a home.

are needed. Now, we might disagree on what type of. furniture is needed for the home, but I. think that home environment is. important. Important is different than. need. I know. Need is survival. I think that. to mentally. be okay, a home life needs to feel Mhm. homely. and not barren. I think in order to. mentally be okay, we should be able to.

make sure we're able to retire at some. point and not have debt that's killing. us in every way whatsoever. I do agree. with that, but I also agree. in the beginning. is more important than that. The feeling. of being in a home is more important. than the debt weighing on us? Well, I think that feeling. of needing and wanting is different. because I think it's important. I don't. need furniture for the house. I know. what he's talking about. I know that we don't need the furniture. for the home. But, I think it also comes down to the.

fact that. one, can we loop it right back to. us having separate? Cuz I understand in. the beginning you were saying that that. was kind of odd that we have it separate. because you believe that I'm going to be. a chronic spender. That's the odd part. is the the lack of trust. Yeah. we yeah, combined. So, if we could loop. on to that really quickly, not to try. and divert away from the fact that I. believe that a house feels homely and it. feels good, and that is an important. need for we have two children. Mhm. So,

it's important. Ages? Three and two years old. Okay. So, we're not sleeping. Yeah, it's. one of those fun things. It's okay. of your existence right now. It's okay. If I seem lethargic, that's why. We love. them with all of our heart. But. Sorry to hear that. But. I think that we can stem off of that a. little bit because. I I feel that I too don't cannot trust.

Okay. If we combine. Why can't you trust? Well, one, I was previously married. Mhm. And in that marriage, we did have joint. And he. habitually spent the money Mhm. without. having a job. And I had three jobs while. going to college. So, I was married for four years. Um was divorced for years before and I. um reacquainted and got married, but.

because of that, I do believe that that. is why I we've always been separate. I'm excited to see you though cuz I. would like to make a joint and figure. out how we can do that. Do you want to. make a joint? I want to make a joint, but I want to make sure we're on the. same page in terms of getting through. our debt. Like I think I take our debt, like I'm it's weighs on me a lot. Um and. I don't think it necessarily weighs on. her, but maybe I haven't.

been explaining it correctly or. um. Do you understand the situation of your. debt of the household? I get told things. after the fact. Then why aren't we. sitting down to discuss it? Because. that's what I was going to bring up with. your past marriage. Okay, maybe he was. spending. Did you sit down and discuss. these things and be like, obviously we. can't do this. We need to make sure. we're aligned on goals and if we're not. aligned on life goals, we're not aligned. on financial goals, then we're just then. obviously that's probably not a literal. partnership, which doesn't make sense.

Right. Cuz I feel like we're so solid in. so many other aspects, but our finances. we truly crumble almost like we have no. idea how to communicate with each other. about it. What if we tried? We tried well Yeah, I mean we did we. we've tried we we've tried budgeting, we've tried setting it. aside time to sit and talk about. finances and it seems like whenever. like I'll be. in it. I'll be like ready to talk about. finances and it's you know, you're.

stressed out from the day or something. and it's not a good time for you or. conversely she's really excited. She. wants to sit down and talk to me about. finances and I'm worried about you know, doing something for work and I'm like my. Put it on the calendar. Put it on the calendar. I've suggested Okay. Don't make it. impromptu. Put it on the calendar. Right. I've suggested I agree. Except. that we have put it on the calendar. So. now what is the extra step that we need. to do, babe? I mean and then I think we. get into the conversation and we don't. know.

I've suggested doing Sunday night. Yeah. Including snacks. Snacks are good. Right. I saw a couple do this on Tik. Tok. You are a professional snack man. Right. We haven't even talked about your job. yet. Right. sense. I said snacks, Excel, television. You and me, let's sit. Yeah. Okay. And. It just doesn't happen. I mean I don't. So why does it not happen though? I don't even know where to start. Like I. don't even know I mean I feel like he's. I'm overwhelmed by it. Well, maybe this. is the start then. So let's.

I think let's take a look at the. finances. What's interesting off the. bat? Yeah. You believe if I'm not. mistaken Mhm. that the spending and a lot of bad. finances are her fault. I. I I think that This is why you told us. Yes, I do. I do. I I I agree. I think. that. um. she does make a lot of bad purchases. I. I that I disagree with. I don't think. I'm without fault. But I I think um you.

know. She has one account. Right. One. One. You have a thousand. Well How can we put the blame on her? Um I mean a lot of it is. purchases that we've made together, I. think, that are on my account. them together, we made them together. It's not her, then. Together is you both. Together is not. her. Right, but I feel like. then I carry that I just I carry the. burden of it, though. But why would you. be carrying the burden? Why? How Do we.

When we fully separate, when we're doing. together on a purchase, on a debt, cuz. we certainly like to do that here, how. then do we tackle it if we're doing the. purchase together? How is that dealt. with? Is it a. IOU that is stacked up over the course. of months? And okay, that's obvious. First of all, I mean that's just. unhealthy. That's roommates. You know, roommates that bang a little. Like. that's not what we're trying to do here. Or what. You guys in general Mhm. What's your retirement at right now?

4,200. I think I sent it to you. What's. your retirement at? I don't know. 1,200. Okay, so what are we trying to do? Are. we going to retire? Do we have the goal. of retirement? What are our goals? Are. our goals aligned? Because if we're not. united in at least the plan If we have. to keep separate for finances for. certain things. I'm not necessarily opposed to that. Nothing is a one-size-fits-all. But you. guys are separated in every way. financially. Financially speaking, we're. not talking about any other aspect of. marriage. But financially speaking, we.

are. We don't have goals set. Mid-30s. Shambles. Yeah. Mid-30s with. that being our retirement is literally. dying under a bridge. hoping social security is a thing. or even worse. Yeah. Right. And here's the part that. really sucks about parents in your. situation. The more you decide to spend money on. furniture versus paying off debt versus. saving up for retirement is the more. that your kids will feel morally.

responsible to take care of you when you. did not sacrifice. to save for retirement. Agreed. Because they are not going to allow. their parents that they love to live. somewhere without a roof over their. head. They're not going to do that. They're not going to allow you to not. have food. So, the more you put off for. your own wants, for your lack of. sacrifice, is the more you are putting. in on that future generation, and that. is not fair. That means they are. delaying their retirement. That means. they are delaying paying for school. That means they are delaying building. their kids' college fund, taking care of.

their kids. It is a generational push, which is selfish. And if we're not. aligned on the same page of our goals. and what it takes to hit those goals, we. are not going to get anywhere. But I I I. I I I don't disagree with you, but I. think that there is. how you would. Well, okay. I think that there is a a. a a certain amount of Like my kids right. now, you know, they're two and three, but they need to have they they need to. have a a happy childhood, to an extent, you know? that. I agree. I mean, I I do want. childhood? What's a happy childhood? If. you're associating happy childhood with.

a price tag, that's a little different. What's a happy childhood to you? Okay. Here Here's something that you'd. probably think is a want, but I kind of. think of as a need is like like a. television, right? Like. we we bought a television because our. television broke. was it? Uh $800. See? You could have gotten a $200. television. It would have been a piece. of But it worked for the want. It worked. for the want or the need in your case. It works. You went and you got something. more than you needed and more than you. could afford in your current situation.

Right. I would have gone with you there. for a second, but you you could have. gone a cheap. 1080p thing. Yeah. I mean, I. I. It's hard It's hard to get like a a. me 4K's a need. What? Don't tell me 4K's a need. Tell me tell you what. 4K is a need. tell me 4K is a need. 4K's definitely a. want. I mean, yeah, it's a What is it? A. An OLED TV. So, yeah, it's definitely. Okay. a.

I'm. I understand. $800 for a television. That's a want, not a need. I agree with that. My thing. is is What I was going to say about. having two kids and about this. generational push. I understand what you're saying. I. understand the topic exactly. The. situation is though is that we also are. not inheriting anything and are starting. from zero. Welcome to the United States of.

Completely Completely owning it. But at the same time, we're at that zero. just like the rest of the United States. We have these two kids. And so, what I'm. saying is our wants and our needs for my. kids is I spend $75 a month because my. daughter wants gymnastics. I'm not going. to I. So, a want and a need for that for me is. I need That's a That's a That's a want. to do gymnastics. I could be doing. cartwheels in the backyard. You're. having a great childhood. But, that's. that's a need in a sense.

in what we call the TP fund at the end. The TP fund is for anything else that. fits in that anything else you need to. get for your kids. sure. I feel like I'm more docile in the. relationship when it comes to the. finances. So, we typically put things like that. because I'm not against the. extracurricular things. But, a TV compared to gymnastics it's. not even comparable. Right. And also, starting at zero You started at zero in. your mid-20s. Mhm. Right. You're now. mid-30s. Correct. Correct. You've allowed yourself to stay at zero.

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Okay. I I I feel the move out here. We. moved to Jarrell where. From? from Long Beach, California. Okay. Yeah. last February. Welcome to. higher property taxes. Thank you. Well, we rent, so. We do rent right now. That's passed on. Yeah. So, we do rent. right now. We were renting before in. Long Beach and we just wanted to have a. better. life. We just wanted to be able to come. out it to more more affordable than what. we can get in Long Beach. But we spend. all every dime. How much? 12,000.

The. Why? How? Possibly? I I mean, it was the moving van. It was. the Unfortunately, my husband was also. in charge of the move. Not to say that. it's on him. I'm saying I think he did a. good You just. I think he does a good job. I but I just. don't feel like I'm included in the. conversation. Yeah. Why is she not. included in the conversation? That's not. healthy for you. Cuz I have the. conversation after the fact and we don't. you don't come to me. No, I tried talking about the move. I. tried talking about the move and it's. like when I talked to you when I was. talking to you about the move, I said,

"Hey, we cannot bring literally. everything. We have to I had garage. sales. Wait. We When I said, "Hey, what stuff is like. first priority, second priority?" It was. like, "It's all first priority." And I. was like, "It's not like it can't be. I. can't afford to move literally. everything. We have to choose. We had to. make choices." You did file on that. Yeah. And it was like and it's still cuz. it was every time I turned around with. the move, it was like, "Oh, this is. another $1,000. This is another $200. This is another It was.

I I don't know. Like Things. Things are. very important to you. Things are comfortable. When we start what great That's the. truth. Well, Things are comfortable. So is being able. to retire. So is being able to retire. Okay. I agree. What do you do for work? I'm a food broker full-time and then I. do have a couple like. Explains the meat. Yeah, that does. Look, I got meat. That's salami nostrano. I like some. salami. That salami's not coming off. There you go. All right.

Got some salami. Turning this into a. mukbang. There you go. How much do you. How much is it hourly salary? I get a salary. So, I'm. 68,250. dollars a year. Woo. Pretty good. Plus I get a $500 a month. stipend for car/phone. Plus I get bonuses based on performance. So, it's I don't know, $5,000 a year. Wow. You always hit performance? I've I've only been doing it This is my. second year. So,

I've I've gotten two. two bonuses in the past. One of the. bonuses was a $5,000 bonus for the. moving costs or towards the moving. costs. Yeah. So, 73,800. bucks a year typically ish? Yeah, for. that job. Yeah. For that job. Is there another job? Also, I um. I do woodworking on the side. So, like. these cutting boards. I made those. I make Right now. everyone's ordering planters. So, I've. been making a lot of planters. So, that's probably another.

five to 600 bucks a month. Net? Yeah. Gross? Net. Yeah. So, that's after a lot of. expenses. Yeah, that's me taking out. like material costs and. um Who are you selling this to? Mostly. Facebook Marketplace. Oh, that's not a. bad play. And what do you do? I'm a teacher. I'm a third grade. teacher, math and science. Yeah. Yeah. My worst nightmare. Differentiated, 48 students. Math and. science and young children.

What are you making? I make 41,000 a. year. That sounds like Texas. I mean, it's across the country. You. know. And I yeah. Can I just also say that. that's She gets paid 10 months out of. the year, and 12. So. paid 10 months out of the year and not. the 12. Um Which is hard cuz that's coming up. Yeah. Well, you you have the choice to. divvy it up over the course of 12. though, right? I do. It just wouldn't It wouldn't be. able to cost It wouldn't It wouldn't. You guys make $104,800. a year. Even in uh of the United States, you make.

quick math, you're a math teacher, you. support me in this venture. I do support you on this endeavor, yes. 30 $40,000 above the median household. income. $40,000 above the median. household income in the United States of. America. Right. What's Yeah. Which we could survive if. we Hold on, what was our grand total? $114,800. The grand median's 174,000 right now. 100 174,000. No, 70. 75 is the median household income in the. United States. 75. Listen, I like your endeavor. I get.

on the path with you. I'm just. double-checking. Yeah. I don't know what. it is in Austin or. in Austin, but. But okay, so things that come out of my. check. Cuz there you go, Google it. Yes, I mean theoretically yes, they. should be in a much better place. things that come out of Hold on, cuz the. things that come out of my check. Austin's median. in 2022 was 110,000. So technically. still above that. Yes. Still doing above the median. I agree.

So I have child care taken out of my. check though. And I have our benefits. taken out of my check as well. So I only. bring home 1,700 a month. Sure. No, I get it. I get it. So with. all of that, it's yeah, things are. already Let's start with your finances. Okay. I'm going to go 3 2 1 go. And on go, 3 2. 1 go, and then blah blah blah. You're. going to give me your financial score. for the household. I don't want you to. deliberate. I want you to say what you. think is zero out of 10. your score is for your overall finances.

for the household. 10 being the absolute. best, zero being the absolute worst. What we think are household are Three, two, one, one. Oh, okay. So, we are on completely. different planets. Go out your hammer. financial score free in the description. below, but we are on complete eight. Eight, you think you're like on the. like. seriously among the best of the best of. the best of the best of the best. financially. I I yeah, I mean from what I've heard,

we're fine. From. Is this is this I don't feel like I've. said we're fine. I feel like. said? What is the Tell Well, you tell me. what you've been told then. So, I will. ask I'm going to have a piece of How are. we doing? prosciutto prosciutto Oh. Because I will. see that he starts getting a bit anxious. cuz I will say. something like. you know. a table on the back of the couch would. be really awesome. We can put the girls' photos on there. It'd be really pretty.

And he goes, "We can't afford that at. all." And I go. "Well, why not? We just got paid. What's. the problem?" He goes, "Oh, we had to. pay blah blah blah blah blah blah blah. blah blah blah blah blah blah blah." And. I say, "Interesting, I wasn't in any of. those conversations whatsoever. So, technically we have $30 for the month.". And he goes, "Yeah, that's about right.". So, then. sound like you think your. He's told you your finances are okay. So, I I'm telling you in general where. I'm at in the state of our home is.

usually at an eight. And I agree that you probably think I'm. overly spending and chronically spending. because I am not being told. all the things that are happening in the. house when they're happening. So, I'm. going out and spending money. like you live in complete ignorance of. your household I feel. finances. Okay, that's a new way to look at it. I. feel like I'm not ignorant to it. I feel. like I'm just not We're not having those. discussions that you talked about. earlier. the discussions, you're ignorant. You. just don't know. Yeah. I feel like I am not I'm not necessarily.

pushing back from it. I'm not fighting on it. I'm not. necessarily ignorant to that aspect. I'm. not pushing back on it. I got maybe I'm. ignorant in the sense that I should be. more obviously in line. Yeah. Yeah. Fear spending. in this account. Whose is this, sorry? Hers. It's sorry, Hannah's. Yeah. Uh yeah, speaking of furniture and the. love of it, IKEA, IKEA, IKEA, Starbucks, Lucky Smokers. Yeah.

Taco Bell, Berkshire Bros, Happy Pizza, Apple Bill, Nook Antiques. I think he. can make some. Starbucks, Lucky Smokers. Berkshire Brothers is the grocery store. by the. Yeah, Berkshire Brothers is the grocery. store. store? Yeah. That's a normal grocery. store. What are you getting in there for $27? A part Um bananas? Yeah. Yeah, okay. Apples? That's like uh. Bananas and apples probably. more skeptical when I things cheap. Sometimes people go get their snacks, get their drinks. Yeah, if it's.

Berkshire Brothers like that, it's like. after um our daughter's gymnastics, it's. in the same parking lot and it's like, "Oh, we just need something for dinner. real quick." So I get some stuff. Speaking of dinner, McDonald's. I know. Apple Bill, Film Alley, Film Alley, See. Tickets Hollywood. $118. See Tickets Hollywood? See Tickets Hollywood. Oh, SeaWorld. Oh. Yeah, let's do that when our credit. cards are. And we have like nothing in retirement. How does that make sense? Um well, okay, so SeaWorld.

um. only barely starting to be able to. She'll barely even be able to remember. the things that are happening. She's. almost four. anxiety purchase last year. Anxious to. purchase SeaWorld tickets. So when we first got here last year, a. friend of mine had tickets and I truly. was desperate to figure out what to do. with my kids out here in Texas. We don't. have family out here. It's just by. ourselves. So I signed us up because. they get free. in the grass. They don't know. They. won't remember. I need to get better at. that, but.

I bought them. So, that's what that is. We got them an $800 TV. Put them in front of that. It was for. both of them. Not saying that's good, but cuz I know a. lot of people hate me for that, but. that's like SeaWorld is that the option? I know. Kids going to die if we don't get. SeaWorld? I don't know. Apparently, they'll die if we don't get McDonald's. again and. Taco Bell. School cafe makes sense now. with your job. Yes. Surprising you don't you don't get. We don't get free lunch. No, teachers. pay for their lunches. something? Nope, $2.70 a day. Yeah,

which isn't bad for a kid. of $20 that you have to put on your. account. I think it's wrong for the kids. The kids also have to pay. It's not a. free lunch. Oh, if they're under a. certain income level, though, right? If. they're under a certain income level, yes, but primarily. Yeah, they still have to pay for it. I. think all children should have free. lunches. Just my opinion. And then a Mexican restaurant, vacation. Wait. Wyndham vacation owner, we don't have a.

time share, do we? No, no. I I do a lot. of traveling for work. Um and I usually. stay at Wyndham hotels. It's on her checking. So. I paid for it. Uh What are. finances? What is happening? Okay, so. I'll I'll explain the Wyndham thing. So, I do a lot of traveling for. thing actually might you might be proud. of us on this. I don't know. Well, we'll see. So, this. this it was what? 150? Yeah. Yeah, so. that one that's all getting refunded to. us. So, we're going to go. for the Wyndham resort. Cuz we're going. to go visit her dad in in Nashville. So,

instead of spending it would have cost. upwards of $467. or something like that for the hotel. room. How old is dad? Dad's in his 60s. They just came out to. visit us. We're planning on going to. visit them for Halloween. For Halloween. Halloween? My my step sister lives in That's so. weird. I know. Well, we're thinking traveling. is going to be better. It's not a major. holiday. I want people to travel and see family. You guys have just maxed Sorry. I know. Right. I don't own a credit card. She. pointed at you. I don't own a credit.

card. You are the reason the credit. cards are because of you. But you're. saying the spending and the financial. issues are her fault, but she points to. you when I talk about credit cards being. Because all they're all my credit cards. They're all my credit cards. is it possibly her fault then? How do. you say that? If the debt that's holding. us back from being able to commit to a. fully funded emergency fund and have a. retirement. is on you. How is it her fault? How do. you point the finger? That doesn't make. sense. What's on the credit cards? Well, we'll. get to that. Balances, we'll get to that when we go. through his finances. That doesn't make.

sense. How can you say that? How do you. even think that? You know, you know, I think I I. I need to look at these closer cuz I I'm. What? You've never looked at your debt? You're supposed to be the financial. person of the household. I look at the. debt. I do. Uh So, what do you need to. look at closer? I think I just want to be on the same. page and As who? As my wife. Okay, but. you both think it's each other's fault. How do you deflect to the person that. doesn't have the debt? I just I I feel. like I I have a hard time saying no.

sometimes. I truly think he's nervous. because It's okay to be nervous. sometimes. Huh? My family. has a history of compulsive buying. Yeah. And I think he is pushing on a. reflection of that that I'm going to If. we join our finances, I think he thinks. that I am going to just run with it. is under you. So, how is it her fault if. she might be a spender?

Well, I'm nervous about it getting. worse. I'm nervous about it getting. worse. Yeah, but how is she the bad one. still if the debt that exists was from. you? I don't see debt under your You don't. have debt. Well, well, yeah. I know there's an. interesting car situation. It's under. your name. I didn't have my ID literally. I didn't have. So we couldn't go home and get our ID? What the. No because Sorry, what? for the title of. the Kia. Oh, yeah. Well, that's under. your name. Yeah. Yeah, the car her car. is under my name. Yes. Yeah, he I did I.

Yeah, I've been working I I usually I. have a more steady job history. That is. a fact. that's why I have all the credit and I. think that. he take out credit on your behalf? No. No, no. No. She had a credit card. doesn't work. She had a credit card and. I didn't know that she it wasn't getting. paid and then it went into collections. and then we paid it. Why would you pay it on your credit. card? You're the math teacher. I am the math. teacher. at that time though. I was not at that. time and truly.

truly I got so overwhelmed. That's why I. understand why he gets overwhelmed and. doesn't want to tell me because I That's. shutting down. That's his that's his. that's. I think childish behavior though because. we have to deal with our stuff You did. regardless of if it's hard. Yes. I agree that in the past. yes. doing that is childish but it was paid. off in full and I have no debt to my.

name as of now. Wait. Hm. Do you see the. loan 300? Yes. That's my anti um. overdraft. So they give a 300 limit on. it. Yeah. So technically it's kind of an overdraft. but it's has a $300 credit limit instead. of charging you fees. So it'll just pull from there. So if it. says 200 and. And you had some pull. So I had some uh. the pull. So McDonald's is more.

important than getting charged 10%? Why the are we spending money money. we don't have it? No, why? Lazy. I'm not. even going to lie mom lazy. Mom lazy. I'll put my hand up moms. Mom lazy. Mom lazy makes your kids pay for your. Mom lazy, I understand. Yeah. I understand. I need. to change it. I'm not going to push back on that. That. I do need to change. But I will also say, can I also just say. that sometimes it's like you're we're so. like that you're saying things now. No, no, listen. We're so overwhelmed by.

what's happening with the kids and it's. like we by the time we get them. sometimes it's 5:00, we have a bunch of. stuff to do, we're taking them to. gymnastics or something and there's like. literally no time. Like I know you. there's time, but there's literally like. no time to sit It does feel quite. overwhelming with the two kids, yeah. Spoiler alert, meal prep. I know. In today's fast-paced business. world, the ease and flexibility of. managing money's can have a huge impact. on your operational efficiency and.

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bill pay and keep your business on track. with Melio. So, try it out today. Click. the link in the description below and. make your first payment with Melio now. We need to get better at that, too. beep beep beep beep beep. Woah, the. dinner I cooked it from the other day. and meal prep for has concluded. It's. warming. Put it in the mouth. Do you. have kids, Caleb? I don't think going to. think everything. I'm just saying it's a very different. you go in with the mentality. no, no, no. No, no, no. I do get that. and parents parents are the one people. in the world that if you don't have a.

kid, you can't relate at all even though. like I don't have uh. you know, something terrible didn't. happen to me, but I can still relate to. I can you can relate to things that. haven't happened to you in every other. context except when it comes to parents. So like. it's all this stuff. But I'm not saying. you're doing that. That's what they're. going to do. But No, no, no. But I know you went into it with a. different mentality. It doesn't mean. that we can just give up. It doesn't. mean you signed up for the hard work of. being a parent. Yes, I agree. If you're.

not this is a part of the work because. you overdrafted. If you weren't. overdrafted and we didn't have bad debt, throw those fries down their mouth. I. don't care. Probably bad for them. I. don't care though. You could do it. financially speaking for this show. You're overdrafting. Yeah. I know. So. I'm tired. I know. It's harder. We went into it with the. expectation that we could. Congratulations, mid-30s. You can. have 15 minutes less of sleep. by meal prepping.

We can do that on Sunday. need to have a child to be able to. relate to that reality. uh. our Sunday financial meetups. Well, my. meal plan, too. Yeah. It's a lot. There's a lot. It's a lot. Welcome to the life. I know. This is a part of it and this is. what you signed up for, so now deal with. it. Right? Why do it if we're not going to. actually do it? I'm excited to be here to deal with it. No, no, no. Why have the kids if we're. not going to like deal with it in the. right way? We were in a different.

position in our lives when we had the. kids. We were. We were in Yes. were living in Okay, listen. Jump off. So, I haven't been a food broker. forever. I was a chef for 15 years. Ooh. And I worked my ass off to be a chef and. worked my way up and during COVID I lost. everything. And it was sort of Oh, that. sucks. I'm sorry. You know, um and It. was hard. It was hard hard. And there. was a lot of press around it, really bad. press around the restaurant. So, Your restaurant or the restaurant.

like you worked at? the executive chef. So, um but the owner Why you giving. people the poos? No, no. No. The owner wanted to to not close down. cuz we closed down two times in in. California. So, the second time she. didn't want to close and I didn't have. any more. unemployment benefits. I'd already used. them all. They didn't PPP? Um the restaurant? The restaurant got. PPP, yeah. Uh which is supposed to pay. the employees. But that was already used. up, she said. Okay. Um so, we stayed.

open cuz it was either we stay open and. get shut down, yeah. So, it was like very strict. So, it was. either we shut we either shut down and. we never reopen or we try to stay open. and then we had this big fight with the. city. They shut off our gas. I was. cooking on camp stoves in the kitchen. and um it was crazy. So, you know, there. was all this press around it after the. restaurant closed. I was basically. unable to find another job as a chef. Like it was impossible to No one wanted. to hire me cuz no one wanted to be. associated with that. Yeah. So,

um you know, What about out here? Out here prob- people seem to be like, "All right on, guys. You were doing. something right." Um so, it's definitely. different. But um I mean now I'm a food. broker. It took me a minute to. I do. Like it's not like Like I like my. job. It's a good job and I have time. with the kids. Like as a chef I didn't. have as much time with the kids or my. family. Like the weekends were a shot. Um so, I mean there's definitely like. it's a good job, but my passion was more.

being in the kitchen. How does that. change the having kids situation? So, anyway, so I didn't we didn't have. all this bad debt at that time. It was. after I lost my job. Like we are she was. already pregnant with. lose your job? April of 2021, I lost my job. So, 3 years ago. Yes. Well, that's pretty enormous to have. existed for 3 years. How long were you. unemployed? Well, I was attempting to do solar.

sales, which I absolutely hated. Yeah, I. didn't know. And then I was trying to be. a. real on that job. I. got my real estate license in. California, and I was trying to get into. the real estate. Again, uh That didn't end up being so one of my. cards this the Capital One right here is. basically that all got filled up from. trying to do real estate for a year. Um I thought I could do it. I don't even. know about these I didn't even know. about these debts. Were you supportive. of the ventures? I was very supportive. just because I said throw it anything at.

the wall at this point and make it. stick. I'm sorry that that happened. That's that's why I. in May of 2020. So, March 16th, the. world shut down, okay? Everybody knows. that date. It's almost like our 9/11 of. where were you during that time? Well, in California. Yeah, March 16th it. was the day that you were like no. contact. We had our daughter literally 2. months later. I was eight I was 7 months. pregnant when the world shut down. Yeah. We had the hospital, we had hospital. bills, then we had a newborn and the. world is shut. So, we immediately just I.

think. just became like this little family, and. we just threw anything at the table for. him because I was a stay-at-home mom. that I mean cuz that Well, I thought. No, you just told me you're currently in. real estate classes. I am. Here for. Texas because Yeah. Why do you want to. still do that? It's driving me crazy, actually, Caleb. All of these fun little. adventures that he has going on cuz. we're woodworking. He likes to say that. he has time for the family, okay? I'm a. teacher, point-blank, end of story.

United States in the world, you already. know how tired I am. Okay, we know how. tired we are. So, when we are going on extra adventures, but he's saying it's because our debt is. so bad. I don't know what this debt is. No, you're right, the debt is so bad. But, things like real estate take so. long to snowball, the relationships and. everything. I want you to focus like you. focus in on something that might make. less money in over the course of 40. years, but makes money now to pay off. the debt. Yes. And then you're able to take on the more.

risky ventures like real estate, which. is essentially being your own business. You can take that on when you have no. bad debt and a fully funded emergency. fund and have something in retirement, more than a couple thousand bucks. It's. this does not make sense right now. Please don't do it. Please don't do it. Please don't do it. Please don't do it. Please don't do it. Please don't do it. Okay, before before I. Listen, no. Come on! Hold on. So, wait, I've I've already. enrolled in the real estate classes. Should I finish the real estate or. should I just say Does it take in? How. many hours a week? Maybe like a couple. hours a week. Zero hours because he has a full-time.

job and he woodwork full-time and he has. a family. So, I can care. like the woodworking actually works. good. You should double down on it. I want to. and I'm I'm nerv- Look, so you. Okay, I'm nervous. I'm nervous about the. woodworking. got to stop being nervous, my love. You. have got to stop being nervous. Pick. something so we can start making the. money that we're supposed to be making. I mean, I think maybe that's why I'm the. way I am cuz I'm the with our financial. situation. But, I'll I'll eat some of the salami. here. But, um.

I feel like with our financial. situation, I'm nervous that the. woodworking is not going to pay off and. then so then it's like I need a backup. plan for my backup plan. And I've already. one is to get out of debt. Yeah. We. don't We don't want to We don't do. something. Your real estate can take. years, years to really pay the bills the. way you want to do it. I agree. Also, by the way, can I let you guys in. on another spoiler? Second spoiler alert. of the day. I think if anyone knows how to meal. prep, it's someone who worked in a. kitchen for multiple years. Oh.

It's interesting. The mic the floor. Who. done? That was a mic drop moment. got? Meal prep. No, I mean. technically probably. um But it's literally just sandwiches. and Like you can uh we're. connecting you with our budget and. resource. Typically that's for a single. person, but we have like actual meal. plans in there that you can shop from. HEB at the low prices. That's like Yeah. 300 bucks a head and it's it's well for. a single person, but when it obviously. when we meal prep for a larger group, it. actually uh brings the per cost head. even further down. So.

I think I'm getting better at it since. we've moved out here. Um we had such a. small kitchen in California that and it. it it is it's different working in a. restaurant and working with. I'm sure, but you still know how to do. it. Yeah, I know how to cook. Um so it it's. just it's def it it took a minute. I'm. getting much better at that and I'm. trying to buy, you know, Costco meats. and and things like that, right? I'm I'm. doing my I mean. I think I'm doing my best. No, I think you're doing great and I. just think that we just don't. The the I pushed back on you a lot.

because you said a lot of things were. her fault and stuff and you have a lot. of the debt, but I will say on the other. hand Yeah. what came in was 1,845 on. your statement is what came in. Yeah. Money that went out was 2,386. So. Yeah. if that much more money is going. out, we're not going to. Donald's. We're not going out to eat. We're not getting any fun spending. If. we have to overdraft something that. charges us 10% to overdraft, we're. simply not doing the This bull We're. not. It doesn't make sense.

So there's irresponsibility on both. parties. Yes. Your debt. Debt. Debt. Let's do it. So the quick's over. This is the real. estate card apparently, even though. we're going right back into it, even. though we've never made any money. It's only gone. I've learned a lot. I I feel like I've. learned a lot in my failures. Apparently not. You got to fail forward. Um. Buddy. Let's. I I don't like giving up on something. that I I it It's not giving up. You're.

delaying temporarily so to get out of. debt. Right now you've given up getting. out of debt. Mhm. That's unacceptable. You've given up on. retirement and that's unacceptable. You. have kids, maturity comes before wants. Okay, $5,072.77. with a $174 minimum monthly payment. That's disgusting. Uh-huh. This might be the first time you're ever. hearing these numbers. Let's see. Now he. paid uh a little more than the minimum. monthly payment, but even though $122.50. of interest was accrued, he went and.

purchased $188.35. of things. We're purchasing on a card. that we can't pay off and has interest. accruing. That is one of my least. favorite things that has ever been done. on any kind of card. What were they? They were two Amazon things, $162 and. $25. What were we getting on Amazon? I. needed a router. Wait, is that the router? need it. Who's your internet provider? Uh. Uh okay. So we were Wait. Who's your internet provider? right now. We're going from Optimum to. Fiber First.

Wait, the router cost $162? No, that was um a hun-. It was 150 for the router. Okay. And it. was the wireless receiver for the router. so that I could get internet in the. office. Most internet companies provide. a router. reach the office. So you can get an extender. So we had. extender. We had a mesh We had a mesh. router system and uh. it was a Samsung one and it stopped. working.

So I replaced it. Well, we Cuz it was on sale. It was a I. mean I You're spending on a card that's. accruing interest. I I got I was looking. for the router that had the best range. So that's why I got that one. Okay. Then we have a Freedom card. Freedom to. get. Yeah, that one is the one. with a balance of $5,665.60. 9 cents. Congratulations. We're over. $10,000 in credit card debt so far. Did. you know this? Credit card debt. I thought we were at like seven. I told.

you I told you we were at like 15. I. said we're in $30,000. No. you this. I did. 30? I told you like we're in like. $30,000 in debt which is why. is what you do. You go Yeah, we have a. lot of debt. We have a lot of debt and I. go okay. I feel like the hearing the amount is. different than hearing that we have a. lot. We get to use the Caleb Springer. title again. Woo! I'm excited. Mhm.

I'm excited, too. So okay. So we have are over 10,000. So this is new to you kind of. apparently. Confusion. No, I thought. that we were in seven or eight. I knew. You didn't need a high-speed gaming. router, man. I knew that we were. in maybe the 12s. Mhm. But I didn't know that we were even. more. than 15 because this is only two and you. have how many? Three.

Okay. Well. Also, why not just get used, man? You're. professional Facebook Marketplace. Facebook Marketplace has incredibly used. technology. For routers? Anything. Yeah, I mean I. get I get most things on Facebook. Marketplace. area, man, like West Lake or something. They're just getting rid of They're just. like please get this out of here. I. don't want this in my house, you know, I. want a new fancy thing. Yeah, and I must. I I mean honestly I got caught up. I. mean I saw it like you know, I get the. notification. It's There's a sale on the. thing. They're like oh,

I need that thing. You're like, "That's. exactly what I needed." Needed. Well, I think I did need it. I needed I need a. router that I need internet in the. office so I can work. Buddy, there's a. lot of ways to do it. The way I did it. in college when I couldn't afford. anything, I got a long internet cable. So, usually the ports at the end of the. ethernet cable is what actually costs. the money. So, it's not that much more. to extend the length of it. I just got a. ginormous one and I just ran it across. the house. And then I would have. upgraded it. I know, you would have. hated that, but guess what? You would. have probably hated uh having credit.

card debt even more. His office is on. the second floor. I'm just imagining No, I just imagined it. And you could have. put it through the wall, too. You're a. handy man. I don't want to make holes in. our rental house. I think you could have. maybe found a cheaper one, but that. didn't There's so many I'm All I'm. saying is there's alternatives. We paid. some money towards it, but it doesn't. matter cuz we purchased just as much as. we put towards it, even though we're. accruing $125 of interest on a monthly. basis. So, right now $300 in interest is. being stolen from you guys. Yeah. What. are we doing in here? Trust me, it's not. 100% necessary. Going to the.

Taco Store and getting some taquitos or. whatever and Sonic. uh Subway, Dairy Queen, Domino's, Max. Yeah, HBO Max or whatever. Yeah, Max. Gen Con, Amazon, taquitos, taquitos, Southwest. Airlines. That must be for the Halloween. trip. No, no, no. Southwest is for work. I get. reimbursed for those. All the All the. flights and hotels on there um Okay, so. I won't classify the flights and hotels. then. Amazon, Taco Amazon Amazon. And.

then there's a hotel, we don't have to. worry about that. Mount Playmore, Mount Playmore, just go throw your kids. Just go throw your kids. They don't need. to bounce on something, just throw them. at each other. Throw your kids at each. other and whatever. I did Yeah. Go to the trampoline store and be like, "I'm going to buy a trampoline and let. them bounce on the trampoline." And. I promised I promised I promised our. daughter we would go to Mount Playmore. in it. The next promise I want you to. make your daughter is, "Hey, you're not. going to have to take care of me when. I'm old.". Because daddy's going to sacrifice and. actually get his done for the first time. in his life. And then Denny's. Very.

important things. Very important things. on an interest accruing credit card. Tequitos here, she specifically chose. not to watch the channel. Yes. you wanted to come on. You pushed to. come on as a couple, and you didn't want. to see anything because you didn't You. wanted to be surprised. Yeah. Which is I mean. that's awesome, by the way. Um that's. like brave as as it gets. But um. Tequitos here is typically stopping at a. gas station, getting some bulk purchase. Got it. Cuz we don't know what it is, and there. was this guest who refused to give up. literally getting Tequitos for dinner.

every day. Got So it's an inside joke. It's a Dr. Pepper. I understand. Dr. Pepper is Tequitos. The Dr. Pepper. Cuz we apparently we can't buy those in. bulk at Costco. I do. I do that as well. Oh, good. So An. overabundance is what I'm hearing. actually from this side of. the desk. We have an overabundance of Tequitos at. home. You guys are just getting your wants. You're just. flowing and swimming in your wants when. the needs are just barely being taken. care of. Again, minimum monthly payment. was done on this card. Luckily, no.

purchases, but $52.52 of interest. accruing on this Citi Preferred card. with a balance of $2,434. So now we're almost $13,000 of credit. card debt. Mhm. Only minimum monthly payment being. paid on this. But again, I don't play. more, much more important than a Shell. card. Yeah. Balance, $632. It's weird how that sounds good after. your multiple thousands of dollars on. other cards. And $16.38. of interest, only making the minimum. monthly payment of $29. Mhm.

Listen, you went into debt for a. situation that absolutely sucks. I I I I. am very sympathetic that you went. through that. It's something you. couldn't control. You know, Yeah, it's. I mean, yeah. We There's a lot of. opinions that are on whether or not it. was correct or not. It doesn't matter. It happened to you, and. that sucks, and I have sympathy for. that. It's been years. You are making money. I know this job's. newer, but you've made money since then. You've made money since then. And even. if we didn't make money since then,

the bull purchases. We're choosing the. bull purchases over making minimum. monthly payments on these other cards. Then we have this. This. What is that? What. credit card refinance. What do we do here? This one was the Jeep. Like my car. My car. the Jeep? You have the Jeep? What is it? It's a 1998 Jeep Cherokee.

The. That's old. Jeep Cherokee. Ask him about his cars. What. Okay. Yeah, tell me something about your. Well, someone tell me something cuz I. don't know what to ask. Okay. Um I got that car. um because I heard that they're very. reliable. Does it have like a 4.0. '90s? Yeah, they have this 4.0 engine in. it. How many miles? 117,000. That's not crazy for a Anyway. Um It sucks. It's getting up there. It's. getting up there, but um I mean, I.

bought the I Okay. I bought the car cuz. I. I would I had a Chevy S10 that just was. having a lot of problems. I bought that. car and then gave my mechanic the truck. so that he could replace the clutch cuz. that was supposed to be the only thing. wrong with the car was that it needed a. new clutch. Um What turned out to be wrong with the. car? I couple months later I was driving the. car and the engine blew up. So I got a. new engine put in. My grandparents. helped me. They got a new engine.

Yeah. And then um. you know, I think at this point I'm like. overwhelmed by it cuz it's. We have an 1983 Mercedes as well sitting. in our driveway. Why do you have two? Oh, we had three at one point. No. What. is happening? Why? You have debt! You have debt. I was I I I was trying to make the most. economical decision with the cars. Well, you haven't. You have two cars. And he. needed two stereos. Yeah. Needs.

a vacuum that cost $250 to replace so. that it's all Wait. Yeah. So, $250 is. what we've been holding out on on that. car. So, we have two last century mobiles. Yes. Mhm. I think we should just get a truck. One. No, we're not going to get a new car. You're both of you are wrong. So, stop. Oh my gosh. So, which one's your daily. driver? My van. I go between both. I use both. Sell one. But, sell one.

Listen, right now the Jeep is at the. mechanics. Because a little pin fell out in the. ignition, so he's putting in a push. button start. He's not charging me for. labor or anything for that. He's doing. it for free. He's very sweet. But, cuz I just spent thousands of dollars. fixing her van, so he's like, I'm not. charging her. Mhm. Yeah. Uh it. When you get it back, sell the other. car. We don't have emergency cars. We. have emergency funds. Okay, I posted the.

Mercedes on Facebook Marketplace. And. then I took it off. Jeep is in the shop. and I can't sell until I get the Jeep. back. So, When will you get the Jeep back? He's on. It's next week. Should be next week. Buddy, your car insurance, you can have the option where. you're able to get like a free rental. Not a free rental. I mean, you're paying. a little more in car insurance for it, but it covers it in case of a car. emergency. I don't think it covers it. for it being in the shop though, does. it? My whole thing though has been car. insurance every single month and.

registration every single year it comes. up. For both cars. We had a third at one. point for many years and I feel like we. have a cycle of cars constantly coming. in That's not even on this debt, which. then incurs more debt because then we. have to fix the car. And you're right, it would be more for like a car. accident, but. I don't know. Yeah, I mean if it's. How much would you sell this other boat. for once you get the Jeep back? Uh probably 3,000.

Okay, good. Do it. When you get the Jeep. back, the day you get the Jeep back, post it. Should I fix I mean should I fix the. vacuum first? I get more for it if I fix. the vacuum. It would It cost you $250 to. get fixed the vacuum. How much can you. sell it for after that? Okay, without the vacuum probably 25, with the vacuum probably 35, right? It. would probably be about a thousand. dollar difference, I would imagine. If you are able to guarantee, cuz I. don't know and that's very hard for me. to charge. It's harder to sell these cars in Texas. In California, the Mercedes is much more.

popular where I bought it, but in Texas, because, you know, it's an older car and. um Well, you can put it like worldwide. and then if someone really wants it, they'll pay for shipping. You might have. to take a bit off the price because of. that. Okay. I mean I didn't think about that, but. it's possible. I mean it's going to be a. pain I'll look into that. on the GPO, $4,196. with a monthly payment of $204. What's. the interest on this thing? It's a lot, dude. I think it's on there. Is it not? Check the other page.

I had it sent two separate times. it's at 36 months. It's a rarity to see. on this show. Yeah, I want to do it as fast as. possible cuz the interest is insane. It's like 20 something. No. Yeah, cuz it. What does it say? Is that it? It doesn't have a rate. But with the interest that's accruing on. it, I would not be surprised. Yeah, it's. not good. No. Um Yeah, so it's in the 20s, it's. somewhere in the 20s. It's like maybe 24. I'm just guessing.

What? I knew you knew about this. I love that. you think I know about all this stuff. and yet you literally have confessed. you've literally confessed to not. talking to me about my finances, not. sitting down and talking with me and. showing me any of these, not. communicating very well, feeling. overwhelmed, but I love that every. single time I ask you about it, you go, "You knew.". Cuz every single "You knew. You knew. that.". "You knew.". No, I did not know. I told you I Oh, I. mean, I've told you I paid $204 for the. Jeep every month. I told you I had to.

take out a loan. I you I you If there is. should be we I know. This is a disaster. Yeah. The biggest thing that is. preventing us from tackling this in the. first place is the division. in finances. Do you support. joint accounts? With discipline. Okay. With discipline, with holding each other accountable, yes. Okay. If it just causes more division and. fights, maybe not. You have to come into. with an open mind. Take advantage of.

whatever resources you have and. potentially see a couple therapists once. a month based on the financial issue. alone. Yeah. Just on the financial. issue. Cuz 24% car That's insane. School first alone with that. That's for the van, right? That's for. the van. But it's under your name. It is. under my name. Because if you forgot your ID one day, He did. We went, and I didn't have my. ID. Go home and get it. So, I mean, it. wasn't even So, no, the So, when we.

bought the van, we went to CarMax. We I. had to take out a loan. I had to take out a loan through CarMax. for the van. They only allowed me to. take out a CarMax loan, and then I. refinanced it. CarMax is evil. Yeah. And her her mother. um co- uh. jointly did the van with me for a while. That's why I have such Yeah. So, that's. why I have a good interest rate on the. van. What's the interest rate? It's I think. it's three something. Oh, okay. Yeah, it's a credit union just cuz we're. we're teachers, and so we decided we.

needed to pull from CarMax cuz there. There's was insane. Yeah, it's like 3.4 maybe. CarMax is. Yeah. They don't negotiate anything. This is. all stuff Yeah. I was helping. The proudest thing I think we've done is. the purchase of the Kia because that was. the most when we first like I said, before COVID, we definitely had it. better together, and that was a proper, I think, purchase that we both did. together. Mhm. We were able to get the. interest to where it needed to be so.

that we could manageably do it. But, the extra cars are unnecessary, and. those need to go, and they cannot keep. coming back. Well, I just I I I feel. nervous about only having one car. We don't have just one car. Nope, we. don't have Even still, we don't have. emergency cars. We have emergency funds. Emergency funds cover issues with cars. Yes. Emergency funds can cover a rental car. Emergency funds cover the purchase of a. new car in cash. Emergency funds cover. repairs of a make sense. We have.

emergency funds. We don't have emergency. cars. There's not a single financial. expert that I've ever heard in this. world suggest having emergency cars. Yep. But, every one of them suggest. having emergency fund. With a $306.76. minimum monthly payment on this, if I. add the two payments that were done in. that same month. Yeah, it's auto paid, so um In a weird way, there was like 70. bucks came out here, then 206. So, every month she pays me $500. pays you like it's a business. Right. So, she transfers $500 into my.

school's first account, and then um it. auto pays the van. So, it's I think she. um. transferred it over. It They probably. took it out before she got paid, so then. she transferred it over, and that's why. it's two payments. And then that goes towards car. insurance. That's the debt. Okay. Is there any more debt? You did the Best Buy card. No. I think I thought I sent it. We're looking for it. That was a TV.

And her uh that was your phone. Pull up your Amazon while while they're. looking. My Amazon? Yeah, I want to see. your Amazon purchases. Okay, I should. have sent that over, too. You did. It. was too long to print. Okay. Not too long to print, but we were just. like it doesn't make sense to print. Well, bad news about those solar glasses. you got. What? Have you not checked the weather? The. weather it's going to be overcast. Not. We're not getting any of the. Really? No, I'm sorry. I'll cancel it.

I'll cancel it. You should. I bought some for everyone. here. Yeah, I I want the kids to see it. So. Now that I support. Uh. have been really cool to experience. together. Once in a lifetime. Well, probably twice. in their lifetime. Probably twice in. your lifetime. we just had one not that long ago, but. it wasn't a full. totality like full totality though, if. I'm not mistaken. realize that we're going to have such. bad weather. Uh so, okay. Uh. Daily Defense Destin. Oh, Destin that's diaper rash cream for. our. I see some apple juice for the kiddos.

Fair enough. Huggies, paper towel. Okay, these seem like essentials so far. Our. cord. I I will go with it. Cheez-Its. Not necessary to survive. lunch. The kids' lunch for snack. Yeah. Okay. I'm not against it if we can fit. it in the budget, I'm not against it. I agree. Vitamins. Again, fair. Now here here we go. This. is where you got that super gaming. routers and crap. I would have gone to. Facebook Marketplace. Yeah. I think that's some glue maybe. Wood glue. Wood glue, yep. Yeah, Goldfish, more.

snacks. Honestly, this isn't terrible. Slim Like. there is the classic kids snacks in. here, but most of these are just paper. towels and soap and they actually kind. of start to repeat and stuff. It's It's. monthly subscription. first Amazons I'm okay with. So, I do. monthly subscriptions on this stuff so. it gets 15% discounted. um and delivered to the house. So, I do. that one uh once a month I get those. delivered. So, that's Yeah. for some. necessities. How are you doing with the. Best Buy? Yeah, I don't purchase on the Best Buy. card.

Um, I. Congratulations, there's more debt that. you didn't know about that he told you. that something. something. Best Buy, we got $1,815.94. What was this for again? Um, that was the TV and her phone and. Her phone. How much was my phone? I don't remember. $16 of interest, only. making the minimum payment. Yeah. Um You didn't 0% finance, dude.

There's zero on the phone. Okay, so. there you go. Yeah, the the TV was zero. and I didn't it it just ended. I didn't. finish paying it off in time. that it backtracked the interest most. likely. I don't I did I don't think so. see. Let me see. Yeah, deferred interest. charges. Yep, there it is. I didn't know. I thought a couple hundred bucks. I. didn't know it did that. Because you did not manage it. Because. you did You're not credit card people. If you didn't know that, if you don't. know how to manage it and then that. happens, you're not a credit card. person. I will only allow you to have.

the Fizz card. It acts like a debit. card, but still improves credit. That's. all. But, you guys are not credit card. people. Not at all. You need to close your. accounts, chop them up. I don't care if. it impacts your credit. You want to do that? I can't close the. account without paying it, though. Some. you can. Some you can. Well, then we'll. look into that and we will start looking. at how. those gone. And is that called a what. account? A Fizz account? We don't need. to worry about Fizz until our debt's. paid off, huh? Well. Well, sure. Yeah. That that's true. It might be better.

down the road. Okay. But, it acts like a. debit card and still builds your credit, so. Okay. It's like a secured card, right? Yeah, exactly. So, that's what I wanted. you to get eventually cuz she doesn't. have a credit card. Um, was to get a secured credit card. a filled credit But, together not right. Together. Not right now. $199 in the. personal checking account. Oh, we have. more funds. More fun in here. Amazon. You like the skills. Prime. video. Apple. Audible. Amazon, Amazon, Amazon, Amazon, Amazon, Amazon. Those.

are all the subscriptions, yeah. Those. are all the subscriptions. corner. Bill's corner, yeah. Amazon, Amazon, Amazon. Prime video. I don't know what that. How do people get away from the. streaming though? Like truly, cuz that's. a topic of conversation. Interesting. Okay. YouTube's free. Best. content I. personally. think. I watch mostly YouTube, but Yeah, we have a lot of other things. And. there's a lot of good kids stuff on. YouTube as well. Yeah, we do watch kids kids some kids. channels.

Um but I mean I don't think that's. mostly all that Amazon stuff. You saw. what the Amazon stuff was. Amazon stuff wasn't that Um Brick Shire. Brothers. streaming services. I didn't call it the. Brick Shire Brothers because now I know. that's Yeah, a bunch of groceries and. then um Then $5 in savings. Making our. way to retirement as we're here. That's right. Yep. $7,000 in the business account. Mhm. That's interesting. Right. Why so. much in there? So the business account. For for like that kind of business, cuz. that's not a lot to have a in a business.

account. But for like a side hustle and. stuff like that, I'm curious. Why do we. have seven? No, I get my my checks. deposited into the business account. Why? Cuz I'm I'm not a W-2 employee. I'm. 1099. Really? Yeah, okay. I see Yeah. So. um yeah, so then I put it in the. business account and then I pay myself. into my checking account from my. business account. Um and then I try I do. pay. like our rent out of my business account. because.

and then I go into my QuickBooks. because because my office and my garage. write off your office. I don't think you. can pay your full housing. No, that's. what I'm saying is that I pay it out of. the business account because QuickBooks. tracks my business accounts. And then I. go into QuickBooks and I split it in. within QuickBooks. Um As a rent versus personal versus. business. Because the whole garage and my office. are all. that up with a CPA for that? You can write off square footage of your.

home for work purposes. I don't know that that's beyond me in. terms of the tax code. that I could. By my friend who was a CPA. Okay. Okay. Um. Uh I work He He worked with me in the. kitchen as well, but he wasn't certified. CPA. He was. Okay. Um he just didn't like doing it. So. that's why he worked in kitchens. Ask Reed. Can someone ask Reed? We have. an internal CPA. me that I could rent my office from. myself. Is what I was told. Oh. Oh, but that's not how you're doing.

it though. Well. splitting it post fact. Post hit. I was. Not a separate charge. Plus then you. would also technically have to If you're. charging it to yourself, you're going to. count that towards business revenue and. you know still have to pay taxes on it. But I do see what you're going for. I do. see what you're going for and yes, that. is true. have misunderstood that that's what I. was trying to do. I mean you're just splitting it in half. once it already hits. Which you're not. like actually charging yourself. Okay. I mean if there's a better way.

that I should be doing it, I just was. told that I could charge I so that that. was the easiest way for me. it. Talk to your friend again, make sure. you're doing it correctly. Okay. Uh cuz. it's interesting the way you're just. splitting it. Again, CPA that's not my thing. Right. Taxes not my expertise, but Unless I. misunderstood, I thought that I thought. I was doing it right. So. charge rent to yourself. You But to your. business, you actually can do things. like that. Um. So yeah. I was charging my business a.

thousand dollars for rent including. utilities cuz the woodworking does take. uh. a lot of electricity. We have a CPA. That's awesome. I don't officially. Yeah, this is well, it it's a it's a CPA. that we work with for. coaching. So, if people want coaching, they can Mhm. work with him. All right, we'll see what he says. Okay. It's a good resource to have. Yeah, sounds like it. Uh.

So Well, we haven't officially announced. it, but if you guys are interested in. the coaching program, it's on our. website. Yeah, that sounds awesome. Okay. We're doing like test phases. So, 7,000. bucks in there makes sense. So, I get it. Yeah, this is transfers. back and forth in that case. Mhm. Then, uh in the checking account there That's. my School Spirit checking. Return to bar and patio and more Sonic. So, you guys get. Altogether across all the accounts, you. have to get. go out to eat in in some way, shape, or.

form once every day. uh. Every other day, sorry. So, the return. to bar is new. So That was for. Valentine's Day. Yeah. Wow, exciting. I. hope you didn't make any other. to go on a date. Yeah, I don't know why it says the 20th. cuz that was we went on Valentine's Day. Oh, that's when I hit. Oh, yeah. So. You guys go out in some way a. on almost once a day, minimum once every. other day. We cannot do that. It's as. simple as that, you cannot afford it. Well, okay. And some of it is also if I.

don't know. Anyway, on the Chase Freedom. card, um when I'm travel I travel a lot for. work, so I'm. I don't know. I'm don't have a choice. And I get reimbursed for that. Well, the reimbursement stuff is good, but again, I didn't call out the the. airport travel you told me. That's what some of the food is, too. Well, I'm including that in your income, right? Cuz you do you get the. reimbursement no matter what? The $500 a. month? Oh, I get the $500 a month no. matter what, and then anything. additional like flights, hotels, I put. it in a expense report. and and flights and hotels.

And then some of the eating out, too. Some. How much would you say? Best. guess, be real, don't bull. Best guess. 40%. Okay. Yeah. probably can contribute to 50% of that, and 10% is probably while you're. traveling. I do go out quite a lot with. the girls. Yeah, but I'm saying on my cards. On my. cards, 40% of my eating out is usually. have his cards. Like, I don't have like. a I I mean. separate thing. Yeah, when I'm home I cuz I I do buy. like I I go out with sales reps for my.

job, and then I buy them lunch. So, that. actually is ending now because I have a. company card as of Would you like to. know what else needs to end? $30,000 of. bad debt. There's not one good debt in. there, and we hit $30,000. Yeah. $30,000. Did you know we were at $30,000? You were surprised at 10, we're at 30. I knew we were at 30. I don't know how. we're going to get a house. You guys are not buying a house right. now. No. Like. When did you guys want to? In general, like in life. Yeah, you At some point, we we don't.

want to buy a We want to buy like land. Um. Okay, I'm totally down for that. But, it. requires sacrifice. You're going to have. to put it over other things if you want. it. There's That's what a lot of people. get upset with. just because I feel like. Okay. So, I'm doing one budget because. you guys are going to combine. Now, this. is what you can do. One, we don't have a. budget spending right now. We simply. don't. But, when you do have a fully. funded emergency fund. and no bad debt, we can have fun. spending. And what we can do in that.

case is when we determine after needs, after minimum 20% going to investing, if. we have say 30 or 20% left for fun, we. can take that, and if we really want to. split that into separate accounts, we. can. Cuz it doesn't matter where fun. money is going as long as it's what. we've decided as a couple, as partners, that this is the amount of money we can. spend on fun. Mhm. That's okay. But, the. bills, everything together. Everything needs to. go into a collective pile. I understand. you get paid through to your LLC.

account, that makes sense. But then that. money needs to go into a collective. shared account, and that's where your. deposit needs to go now. And from there. So you need to set money aside for. taxes. Yes. How's that? I'm good for last year, but not this. year. Yeah, I saw $5 in savings. Okay. Yeah, so this year I haven't done. quarterly. 73, 800. So after you set aside money for taxes, you bring in $51,660.

a month. Sorry, uh. No, uh No, a year, sorry. A month that would. be awesome. Yeah, okay, yes, yes. Or $4,305. I'm taking reimbursements, I'm taking. bonuses. I had it at 4,200. Okay. Well, let's just let's just say. that, but even more conservative. because sometimes because those prices. that hit my account um do include the. reimbursements from the previous month. Okay. So that's why, you know, it. it washes out. Sure.

Uh so we're 91,000 Oh, what hits your. account? What's your net on a Oh, I saw. it. Yeah, it's 18 or something. Mhm. Yeah, it's not the most fun, is it? Mhm. What did you say comes uh what's. what what was the number you just gave. me for your salary? 42. 42 and 18. Okay, so 6,000. That doesn't include. woodworking, which. is maybe 500. After all expenses? Mhm, but I'm not I haven't paid any taxes on.

that. So that's not including money set aside. for taxes. A lot of times the. woodworking is paid people give me cash. Careful, buds. Yeah, I know. So I'm. going to say careful, careful. I'm going. to say. to start moving it into I just launched. my I mean, I just finished my website. It's not done, it's never done, right? It's a very nice website. Uh my producer. said I haven't personally checked it out. yet, but he says it's actually very. nice. Oh, well, thank you. I appreciate. that. put it in the description, but we we try. to protect everyone's identities, so.

we're using fake names and stuff, so it. wouldn't make sense. That makes sense. But, if you're in. Austin area-ish, and you see nice. woodworking on Facebook Marketplace, and. you see a picture of man with a beard. and glasses, purchase it. Thank you. Okay. Yeah, let's say $6,250 on a monthly. basis. Does that work? That works. Okay. Cool. Today, I've got something truly. important to share, especially for those. who face tough times after a. life-changing accident. When you're.

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And we'll get into all the other fun. stuff. Let's see if our Okay. CPA has not responded. Okay, that's. fine. He's a busy boy. Talking to all the good people out there. It's the season, right? Yeah, absolutely. But, he's also helping. people build budgets and stick to. budgets and all that stuff. It's actually a really exciting thing. that we're trying to do. Really excited about it. Okay. Okay, minimum monthly debt payments. This is going to be interesting for you. to hear. Yeah.

1,000. $7.65. Mhm. Okay. Yeah, that's a sixth of our take home. Immediately. entire monthly take home pretty much. Well, Not half. Half, yeah. Way less. than half. Uh okay. Rent, what's our total rent? Remember. we're doing household now, we are not. separate anymore. Okay, rent's I I think I sent something. over that I. So, rent. is weird. Can I pull it up? Okay. So, that that includes.

um. water and trash and sewage. So, it's. around. Not electricity, no. Electricity's. separate. Or internet? Not internet. So, So, 2,516. is your rent? No, it technically our. rent is 2158. And then they charged us like $30 for. smart home locks or something and then. $80 for amenities and. Is that monthly? Yeah. Yeah. And then like $70 for pets. Oh, they put in the fees. Yeah. As.

someone who actually rents out property, I don't do this kind of. Yeah. It's disgusting. So, I I didn't. realize that there was going to be all. these additional. um. It's how they get you. So, I'm seeing. $2,345. a month? That sounds right. Yeah. And then that So, that month was. 2,500 cuz that included the water. a house? It's a house. Square footage? About 2,000. Yeah. It's a four-bedroom. Yeah, and then it's almost 40% of our.

take home. Way too much. We want to cap, especially in this area, you can get. pretty darn close to a 50% our needs. 50%. Yeah. So, we were. When we signed the lease, I thought it. was just $2,035 a month. Yeah. I didn't realize I didn't. fully understand. that it had all these other things on. it. Until after we signed it. And that was. my fault. And they didn't even mention. the pet stuff until I was driving out. here with a moving truck. Yeah.

Internet. It's 75. Kill me. And the. renter's insurance? That's yearly 75. I already paid that. $6. Electricity? Varies. I mean, I think that month was. 500, but it's normally probably three. Meet in the middle, four. Okay. Okay. Summer's coming, dude. Yeah. Yeah, I. know. That's why I'm so stressed.

Since last February. February 2023. Okay, so you've done a summer. We've. done a very hot summer, too. We were. told it was not seasonal at all. They. were like, "This is really hot." It's. always hot, but it's always going to be. very hot. But that was extra. So. That's our highest your electricity is. going to be expensive. Okay. Yeah, that's our high end, what he was saying. it's ever been. Was 500? Because of the heating. Because the You. have electric heating? I thought you. said gas was covered. So it's not gas. heating, it's electric heating. There's. no gas in our. There's no gas in our house. Electric. heating, so Yeah, so it's Okay, I'm.

going to say 300 then. So gas, vroom. vroom, gas together. Oh, it's yours. How. much do you spend on gas? Like 300. How. much do you spend on gas? Um I buy her. gas usually. Oh. What? Like probably 150? Not even. No, no. It's like 90. Yeah. At most, so it's. probably Yeah. Car insurance is all combined? 328. Lucky I see people with worse car. insurances for just one. I'll say that when I added the Mercedes,

it went down. I don't know how. I don't know why. But. Age? Sorry, what was that? Age, Oh, maybe. I don't know. K, groceries. Let me think about this. for a second. I we should be able to do a thousand. dollars for food. Okay. That sounds. about right. I usually go to Costco once. a month and spend $500 at the beginning. of the month and then um. Yeah, we try to just get one more trip. in. TP money. Anything else we need to.

survive. And this includes. extracurriculars. Some's going to be. more one month, some's going to be less. We're going to do an average of 200. Again, you're going to go through the. budgeting program and figure out your. exact bills. And that's going to take. hours and you're going to go through it. together. Go through it. It's four It's. like four hours and there's quizzes. Does that include like diapers and. stuff? Diapers, wipes, all that kind of. stuff. That's like $75 a month for diapers, dude. Yeah, okay. 275. Okay. 300. Yeah, the young kids. It's just. with the young kids. They require so.

much and both of them are going through. growth spurt right now. So the the. clothes that we just bought them four. months ago. you have to buy them new clothes now cuz. they've outgrown them, you know? But you. you are trying to cycle through. The. older's going to the younger, so there. is that. But Yeah. We do have friends that have kids that. are slightly older, so we try we do. people do give us a lot of. We are trying to do the communication up. community and trying to get the like. clothes that way. Do we have ongoing health care, prescription, gym? How much on a monthly.

basis? Um so actually it should only be. about. I would say $50 cuz at least once a. month we have to go to the urgent care. because of either myself or the kids. I'm not going to lie. But you have a you have prescriptions. I. have prescriptions. Um but those aren't. out of pocket. They're They are. No, they're not. They're like six bucks. So I think. that's twice a month, so it's like 15. bucks. What person. No, maybe at max $10. time I go to pick up a prescription it's. like $6.

65 bucks then total. Okay. Yeah. Why are you going to the urgent. care so much? Oh. It's like Well, scrap and stuff. Well, she chopped almost chopped her. finger off. It was I strained my crap. Okay. And I. got I'm just kidding, but I did cut my. finger and that was not fun whatsoever. But with the kids, the RSV and ear. infections and allergies and things like. that. Oh yeah, they're gross. Our PCP out here. is booked for months. And so, the next I.

I'm waiting 2 and 1/2 months for. something that happened in like January, you know. So, we're we So, it's just. easier sometimes just to go and it's $50. copay and then it's taken care of. We. have the antibiotics, whatever, yada. yada yada. So, that is one of the. definite things that we're going to. need. Phone bill? Mine is 35. Mine. Okay. Yours? 50. Wait, you pay for your phone? Not not really. anymore. No, but you're you're on your mom's. I'm on my mom's. She's on her mom's. And. you're 35? I'm 35. Okay. Switch to.

Helium. It's 20. It's better. Is it better? Same towers. Okay. Well, what are you using? Verizon. Verizon at 35? That's a cheap Verizon. That doesn't really make sense. Uh so, I'm grandfathered in and it's prepaid. and. Never mind. Maybe keep with that. Verizon's like the best of the best of. the best, but it usually is not worth. the cost when we're getting out of debt. So, I'd usually say do Helium, but. you're grandfathered in is something. special. So, I actually I'm going to. make an exception. Okay. Okay. Any other. bills. on a monthly basis that I am not taking.

into account? Well, there's the gymnastics. I mean. That's in the TP fund. That's in the TP. fund. I would say. um normally I put $40 on that school. cafe. So, uh for lunches at school. No, you're. packing lunches. That's in the. groceries. Okay, that's in the grocery. budget. Perfect. You're packing a. sandwich and an apple. Okay. Or teacher. I'm giving the apples. Right. All right. Let's add up this mess. Okay.

Oh, don't worry. I'm going to dig into. that coochie board in the. post show. Get all up in it. And I brought you other samples. So you. could be nicer to us. He did it for niceness. I did it just. because we need to nosh on something at. some point, you know. I don't know. Okay, so what's left is 335. Uh on my strict budget $338.40. is what you have left over on a monthly. basis. Okay.

And is that and that's not that's with. her income? Yeah, it's everything combined. It's all of it. After taxes, after taxes. We're walking. into the summer. That's why I'm. concerned. Is there anything else that. you needed to add? Oh, cuz me You got to take care of them. What what what what are happening to the. kids daily? Where are they? They're with me. Yeah. They're out of. school. Yeah, they're out of school. in daycare normally. So they So they. Yes, it's deducted before she hit gets. her check, it's deducted out.

So the net that I have is after that. Okay, perfect. And then in the summer. they have to be with you. They Yeah, unless we have that fund where we can. look at hey, you're going to spend a week at camp or. hey, we're going to go to I mean, they're a little young for a camp. anyway. Like the two-year-old. Amelia will be four, so she's not that. young for camp because there's things. that that we can do like gymnastics It's. not going to fall into a fireplace or. something. Well, I'm just saying like it. it doesn't make sense to me unless.

they're both out of the house. If you. were If it If the idea is for you to. the house, we're not spending money on. the groceries that we'll be eating at. the house. Cuz yeah, in the summer I'd be like, please go get another job, but they're. in such an age where it's like really. hard and child care is so expensive, so. And also, I only have two and a half. months off because I begin August 1st. for our professional development. You. know what'd would cool? If you can do. this, it's a very high turnover job and. it sucks and you know you'll hate it, but if you can do like a call center. from home over the summer while you're. dealing with them, it's not going to be. perfect. It's easier said than done, but.

anything that brings in extra income to. get us. as close as we can to bringing in your. almost 2,000 net now. Right. Cuz we're going to be underwater in the. summer. Okay. Like straight up, we're. going to be underwater. So, it's either. he has to double his hours by getting a. second job in the summer. Which I did last summer. It might be. what we have to do. Yeah, last summer I. did Uber Eats and I got a job at Bass. Pro Shop. Your literal minimum to. survive on a monthly basis is $5,100. $5,911. Mhm. Yeah. Thousand of that is minimum. monthly payments to debt. So, the.

quicker we get rid of that, I mean, that. has given us so much room. We're almost. close to you not even needing to work to. hit the minimum. Now, obviously we would. still want to cuz we need to have a. little bit of fun in life. We need to be. able to uh invest money for retirement. But, Okay. But, you're not saying that we're. totally sinking ship, just totally just. putting out a sinking ship. just Well, no, it's cuz it's like we're. our expenses are higher than our income. during those 2 months in the summer. No, it it's sinking, but to try to patch the. holes.

even with the extra 300 bucks, that's. going to Okay. So, for example, we have. $30,000 of bad debt. Um but, we're going to sell $3,000 of. our car. So, we're going to have. Yeah. Maybe 2,500. We'll see. Like to be honest, I'm just Okay, well, let's say $27,000 of bad debt. Let's. just be happy about it. Mhm. And we have an extra $338. It currently takes 80 months to pay off. our debt. So, 80 months before you're. allowed to have any paid for fun. Okay. Like.

Come on, that's unacceptable. We're. going to be in our 40s. Right. Yeah. Cuz it's 6 and 1/2 years. Right. Right. So, that's unacceptable and that's not. even taking into account that you we are. underwater in the summer. So, the. reality is. I need to grow a woodworking business. Yes, if that can bring in consistent. good income, heck yeah, all about it, do it. If it's. not bringing in minimum wage at a. minimum, like well, no, no, no, like. Austin. fake minimum wage, which is essentially.

$15 an hour cuz that's what they hire at. most places. Um higher than that now, but at the bottom, you then need to pick up an evening job. somewhere temporarily. I'm I'm happy to do. It's just hard. I. don't want to leave her alone with the I. mean, don't want to, I guess, you know. I I. hate to leave her alone with the. math. If you're bringing in an extra. $338, you take that down from 6 and 1/2. years. to 3 years. Okay. That's all. For extra. for for an extra $338. Bringing an extra.

$1,000 a month, let's get this debt. taken care of in 2 years. Let's have a. fully funded emergency fund and all the. bad bad debt gone in 2 and 1/2 years. That's okay. The oldest kid is going. into sixth at that point. They actually. start, you know, they will have memories. around then. In the vast majority of. their childhood, their vast majority of. their grade school, their entire middle. school, their entire high school is. going to know parents who have an. household where they work the jobs they. want and only the jobs they want where. there's a fully funded emergency fund.

and no bad debt, so there's that stress. is off their plate, where they're having. fun vacations, you guys are doing stuff. and doing Yeah. fun things and going out. to eat and having these memories and. sending them on study abroad trips, all. these fun things. Because for 2 and 1/2 years, mom and dad. sacrificed to do a better life. And. then, both of the kids are headed into. their 30s and 40s, and they're not. worried about paying for a roof over. your guys' head cuz we can't rely on. social security. At that point, who. knows what it's going to be like. Right. So, you've given their life an amazing,

amazing shot and experience. And you're. also giving the remainder of your lives. an amazing experience because if you. sacrifice hard, literally 2 and 1/2. years now from now. you'll have a you'll actually be out of. bad debt if you sacrifice now and have a. fully funded emergency fund. Um gosh, I. wish I could like. normally I give to people a course. career certification for tech. certifications help with income. Doesn't. really apply for your field so it. doesn't really make sense now. I'm. trying to think of things I can do.

With the resources that I have the. companies I work with I can provide. resources. Obviously you got the. budgeting program. Um. I'm excited. guys well yeah, you guys need to start. investing when you. are. 2 and 1/2 years from now when you're out. of this and I can help maybe fund your. first Moomoo account. There's Yeah, we. have we well we had I had you know, whatever Ameritrade and. uh public. I sold it when we moved. Oh, dude. Yeah.

afford to move. It's as simple as that. I could we couldn't afford to stay. I. know. California was. Especially in Long Beach. Yeah, it was. like we were getting kicked out of our. our housing situation where had to leave. our house. they had sold the duplex that we I've. lived in since for 8 years and it was. just under new management and they were. taking all the tenants out so. Yeah. They're going to do repairs and. increase the value. Exactly. Okay. So. It's kind of a bad situation on top of a. bad situation on top of. trauma based responses on top of no. communication for a while.

Speaking of that Yeah. That's I can. we'll give you the plan. I can connect. you resources. None of that matters if. you guys don't communicate. So I need to. know now will we sit down scheduled. monthly basis go over our past month's. budget and what we need to address for. the future month's budget and where. we're at in our debt payoff journey. Are. we committed to that? Yeah. Yes. Yeah, I mean. committed to potentially using our. insurance to for a couple months while. we're just trying to get on the same. page potentially seeing a couple's. therapist on the financial aspect that. you alone? Yes. Okay. Are we committed.

to combining our accounts where the. income flows into and actually. communicating over this and not just. spending willy-nilly. Yes. Yes. Okay. I know. I'm nervous, but no, I know I. agree. It's like I know that like I've been. trying to obviously I've made no. progress. You can see I've made. is not written here. So you can trust me. spend a thousand dollars more than. you're bringing in on a monthly basis. So this is I that's. Come on. Yeah. We need to trust each.

other. We need to trust each other to know that. I thought I could handle it on my own. I thought I could handle it on my own. I. thought I could and I can't. We need to do it together. overwhelmed. so I need to work together. What is. exciting now is that we're looking at. the future. The past is the past. If we. all got judged for things we did in the. past, like we'd all be for the rest of. our lives. Those are pearl clutchers. They're unrealistic human beings. What. we're doing is we're judging for what. we're doing now and what we're doing in. the future for a better life. Yes. So.

what you guys choose to do walking. outside of this door is what matters. We. let's. I do not want to hear in the. conversation where you got into the bad. debt, where you spent more before. We're. only addressing what happened in the. most recent month and what we need to do. to fix the next month. Okay. Are you. also committed to cutting the bull. temporarily sacrificing working more so. that we can pay off the debt for a. better future for ourselves, better. future together, better future for our. children? Yes. Are we committed to paying off the. credit card debt and closing those. accounts and not using them until we can.

prove to ourselves that we're. financially disciplined credit card. people? Yes. Yeah, and in a budgeting program. chopping up your credit cards? Yes. Yes. Right now? Yeah. Get get them out. I don't want to show them, but No, we. don't need to show them. Well, we could. we we have this fancy technology called. blurring. I pay a lot for these video editors so. you. You will need to keep one because of. your job. Whichever one that is. I have my work uh card. That's the only. one that I'm saying like don't cut that. one up by accident. Um I don't I don't I.

even have all the cards on me because. Well, when you find them, burn them. I. don't carry them. I'm sure your kids would love like nice. little bonfire. Right. Yeah, cook some. s'mores. though. So, I think I don't I Yeah, I only have. these two. Kill them. Burn them. Chop chop chop chop. Good job. See, big proud moment. This is. bonding. Yes. Okay. Don't eat that. Good job, babe. Cool.

So, that's my prescription. That's my. diagnosis. It's what you guys decide to. do from here. We're open to help in any. way possible. You just reach out and. we'll connect you with resources, but. yeah, it's still behavior and choices. from here. Right. So, you said an eight. You said a what? One? I said one. Okay, let's see what you I. was probably I was probably mistaken. myself. Spending in a budget, I'm doing. the household. Your portion was way. over, and you were still spending money. you didn't have. Optimistic, two out of. 10 for that category. Debt. Mhm.

Zero. It's no, because zero's usually. collections or IRS debt. And now technically you haven't paid. taxes on your woodworking, but either. way Yeah, I had a collections on there. from um. I had identity theft. But I I just had. it removed. Like right before you guys. sent that over. Oh, okay. Yeah. And. it's bad debt. It's not the worst of the. worst debt. That car, that 25% or. whatever is going to bring it down to a. two. I would have put it at a three, but that. that nicked it down. Emergency fund,

there is nothing anywhere. Zero out of. 10. Doesn't make sense. Retirement, we. have a little bit started, very behind. for our age. Two out of 10. Real estate, nothing. Right now, zero out of 10. We can talk. about that. Actually, let's talk about. that in the post show. Um cuz it's an interesting topic and we. may as well. Hammer Financial score, one out of 10. You're right. Make sure to check out all. the links in the description below. They. are resources that I use or would use in. specific situations, including the best. budgeting program in the history of the. internet. Now, join us for the Financial.

Audit Post Show, everyone. Today on the. Financial Audit Post Show. I thought it was Okay, no. I thought it. was one thing and it turned out to be. another. think it was? Going to an office, people. would come in and say, "Hey, I want to. buy a house." Or, "Hey, I want to sell. my house.". Come on. I I'm sorry. I'm sorry. That's. nuts, dude. To watch the Financial Audit Post Show, click the join button below.