Disgusted By Sleazy Car Salesman | Financial Audit

Who would take over a 24%. Somebody who needs a car. Huh? Somebody who needs a car and they can't. get one. So, you're going to pray on people? I. told you you did. I'm not going to pray on people. Someone who can't find a car but needs. one. Yeah. If they're going to take this, they're. going to be prayed on. No, I'm just helping them out. You're. Nathan 26 out of Austin, Texas, and this. is Financial Audit. What is that watch on? Wait, is that an. expensive watch? Um, please don't tell me that's an. expensive watch. I got it on sale.

How much was that watch? I just saw this. right now. We've been sitting here for a. bit, but I just saw this right now. How. much was that watch? Uh $5.99 before before the discount. I. think it was uh. 20 20%. I don't get it. Sorry, I'm out of the. gate with this one. But I literally just. saw that. I was like, that looks. expensive because. Do you do you like it though? No. What? It's ugly. But uh it's not my style. It. matches your hat, so I guess that's.

nice. Thanks. Right. Chicago. Are you from Chicago? It. doesn't matter. Okay. So, I don't know. when the when the do you get that watch, by the way, because what we're about to. look at here, each individual statement, except for literally one, each. individual statement is pure insanity, death, chaos. It was a Christmas gift to myself. this last Christmas. Yeah. How'd you afford to get that? When. did you get.

They have no context of why I'm yelling. So, there's I just But to me, it's. already pulling at my emotional strings. So, fair enough. What do you do for work? I sell cars. Gross. Okay. Why is Sorry. Why is that? Cuz no one likes a car salesman. But, um. Okay. You could be good at it. There's plenty of people that like car. salesman. Car salesman. What if you need a car and you can't get. a car and you come to me and I help you. get a car? What do you mean you can't. get a car? People hate having to go. through a car salesman to get a car.

My customers love me. No, they don't. They put on a good face. No one actually is happy being there. Uh, a ton of states, including Texas and. Michigan, the two states I've lived in, they don't allow direct selling from. manufacturing to consumers, we are. literally forced legally to go through. to get our own cars who only care about. their commission checks. You can shop on I don't just care about. my commission checks, okay? I care. Yeah, but you have to go You can shop. online, but you have to go through a. dealer. What about uh what's the one with the.

coin that you put in in the little. machine on the side? You know. what? And get like a little toy race. car. What are you talking about? No. Okay. What do you make? How long have. you been in this position? I've been selling cars for. CarMax or something. Carvana. Carvana. That's the one. Yeah, you still have to go through. Carvana. Okay. So, yeah. What are you. making on average monthly basis? Um well. it's kind of difficult to say cuz I just. started. When did you start? At a new place uh beginning of February.

Okay. So it's been almost two months. It's been over two months. How much have you made so far? Um first month I want to say. probably around two or three grand maybe. a little bit more. What's your base pay? Um so there is no base pay like in a. conventional sense right. So, like. throughout the month, I get minimum. wage. Oh, right. So, if you don't make your. sales, that's when you get the minimum. wage. But, well, no. So, throughout the month, regardless of my sales, I get the.

minimum wage and I'll get that twice. So, I guess minimum wage. Okay. Well, no, cuz they take it they take it. back when I get my commission check. So, that's that minus. Yes. Yes. Yes. Yes. Yes. But if you. don't get commission, that is just minimum wage. But then they still take it back. If you. if you don't get commission, would they still pay you nothing? That is legal. Have you heard of this. thing called slavery? Yes. Yeah. It hasn't really.

doesn't really exist in the United. States anymore. Yeah, it's been a while. Uh, okay. So, last month 2 3000. something like that. Yeah. What What about February? Or that was. your first month. What about last month? Oh, you mean so I'm confused. Okay, so. February So for February, I got paid in. March. For March, I'm going to get paid. this month. Yeah, I'm just asking how much you made. It's hard to say cuz I just started at. the job not too long ago. You're not tracking. You're not tracking. how much you made last month even though.

it hasn't hit your account yet. You. don't know how much you made. You don't. know how much it's supposed to pay you. I don't pay attention to it. How do you know? It's your money. What. the. I wait. I So. I get whenever I get my direct deposit, that's when I start kind of breaking. down. All right. This is what I got. Talking about as someone who worked in. sales for many years, you're literally. in sales for money. No one does sales. because they're like they want to get. greasy hands all over them, you know? That's You're in sales for money cuz. it's a commission based job. I tracked.

every single scent that I was making. You don't track your sales. I don't want to depress myself cuz what. if it's not a good month? No, it's not about that. Then that. drives you to do better. You're like, "Oh, I'm a piece of this. What are my. colleagues around me who are doing. better doing? Let me learn and become. better. Let me learn the system. Let me. learn the economics behind this. Let me. learn what car sells the best. What poor. family I could take advantage of? Yeah, cuz that's what they do. And just. grandma, can I talk to a 20% interest.

rate loan 9-year payment? Well, I sell new cars, so no 20%s. What are you talking about? I I've seen. people on the show. Uh, okay. So, I like. I said, I don't really take I don't keep. track of it throughout the month cuz if. I'm not doing that great, then I don't. want to essentially I'm going to head up. cuz I'm not doing great. So, it's going. to like put kind of a damper on my mood. and then my mood if my mood isn't good. then it gets in the way of me selling.

cars. So, that's every job. But this is your job. You have to make money to survive. And I make money. Okay. 2 to 3,000. But you don't but you. don't even know how much money you made. last month. yet. Okay. What were you doing before that. job? Before this job right here. Yes. I've been selling cars for two years. I. was just at a different. Okay. How much did you make a month on. average there? Um probably like. seven or eight. Okay. So, how are you up at this new. one? Well, I'm not. I just started. So, it's. kind of slow, you know. I got to build.

that clientele base, you know. None of them get Okay. So, $78,000. Yeah. On average, roughly. Yes. Okay. Plus, there's other income in there like. $1099 income and stuff like that. But. for what? Well, from the manufacturer, they they. pay us on top of whatever. I thought you meant something extra. No, no, no, no, no, no. But I didn't report that. So, I guess it. could be something extra. Let's take a moment to talk about. something that affects all of us. Our.

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Why' you not report? I'm glad you're. willing to tell me without me even. asking. I didn't know what that's is for. But. I didn't um I didn't have the money to. pay the taxes on it. So if I just didn't. report. If you set aside the money, you would. have. I spent it though. Yes. I on what? I'm. probably like mad respect here for a. second. I mean, you're dumb as your. money, but at least you're very. forthright and you're just telling me. everything because sometimes I have to.

dig and dig and dig and you're telling. me all your issues and I do appreciate. that. So, give him some love for being. honest and trying to turn his uh life. around. Um, so good job on that. Good. job. Appreciate it. Right. Be, you know, try not to be like. you're doing fantastically. You're doing. great. But just like just make it like, you know, don't say crazy fun. Like it's. fun. I'm having a great time. But just. like, you know, make sure it is a real. conversation about. it is a real conversation. Yeah. Then you're good. That's 100%.

real. Okay, cool. Then you're good. Yeah. If. you fully believe that your watch, you. like that was a good decision that you. would make. It's a nice watch. I want to get another. one. I just don't have the funds to do. so right now. But as soon as I do, I'm. going to get one. You know, we'll probably leave some of that in. What's interesting is Noah actually. stopped the conversation. Noah actually stopped the conversation. Producer Noah, the one with autism, stopped the conversation.

because we thought you were potentially. hamming something up for the camera. cuz you're the delusional take on the. watch. It's like, okay, but you fully believe this from what you. said. I mean, they saw you say it. I. mean, we're going to put it in. It's a nice watch. No, I get that. But it's an interesting. amount of delusion that I personally. haven't seen. And. we thought you were We thought maybe you. were being fake for a second. It's just. like cuz I don't know if I've seen Okay.

It's just It's just incredibly. delusional. How long? Huh? Up to you. What? What do you mean? Up to you. I feel it's subjective. What's up to me? I mean, it's. subjective. Delusion. Yeah. No, I know, but math isn't. And you. couldn't afford it. I did afford it. That's how I got it. Well, no. Afford it in terms of you have. debt that you're not paying on. And it's your responsibility to pay it.

So, you couldn't afford it. at the time. It was different. So, this debt is new that we're about to. go into. It's not It's not new. new. cuz it's been there. It just got worse. Okay. How long is it going to take for. you to bring in $7,000 a month? Um, three full can probably give me like. four months. Four months cuz I got to. build that I got to build that customer. base. Okay.

Okay. Why'd you move to a different. dealership? Honestly, a whole lot. I'm not gonna say I'm not. gonna say them because that's not nice. But them they um honestly it was just a. whole it was a it was a litany of. things, right? So it was a it's a good. word. It was a Yeah, my vocabulary is. extensive but it was a lot of things, right? So um I got a um I got a. promotion at that previous job to a.

position that I, you know, was was. really working towards. with that. promotion I thought would come, you. know, a raise, some um, you know, some. more help as far as like my work life. balance goes. Um, and then. I I just it was not what I expected. whenever I got it. And then whenever I. did get it, I feel like I was held to a. standard that the others in my position. were not held to. Okay. And it was real high school. You. know, there was uh relationships,

but we also know that just kind of your. taking mentality is quite delusional. So. hard for me to trust completely what. you're saying. But that's okay. Let's go. into the debt revy. So this is a card, you know, and this is this is why that. you know, out of the gate. maybe what you're saying we the the fact. that no question it was reasonable cuz. it's like how the does anyone actually. believe this kind of but then if you. look in the numbers it's like it's.

completely reasonable that you believe. this kind of you're saying because this. is one out of many cards that we're. about to go through that you didn't pay. a payment on and you haven't paid a. payment forever. The amount passed due. $25. I had to pay my rent so I couldn't pay. the card. How much is your rent? 2250. Oh, you What do you How do you live? What do you What do you have? What's. your What's your li I can't even the.

words out. What do you live in? Um a town home. A townhouse. You rent. it? Yeah. Uh like a with what? A threebedroom, two two two bed, two and a half bath and. an attached two-car garage. What are you using that space for? If somebody comes over, like my family. comes over to visit. I'm a big proponent. of if my family is in town, they. shouldn't have to pay for a hotel so. they can come and stay with me. But pay the pay for a hotel one off. versus you can't afford this is as much.

as you bring in and then you have to set. aside money for taxes and you're not. even doing that. How did you sign this lease? When did. you sign this lease? Um, who the approved you for this lease? Last year. And I just uh resigned. Oh, are you kidding me? When did you. resign? In February. How are you so nonchalant about uh all. this? I know you have zero anxiety in. your life, which I'm like, wow. I'd. almost switch positions with you if I. could cuz anxiety is just terrible. But.

how are you not so nonchalant about. this? You know this is bad. Cuz I I can make it work out. How? Cuz you're not. I mean, my living space is paid for. So. what? What do you What the You mean. my rent's paid? So I got a place to. live. But you're not paying your other bills. You're deferring. You're not paying your bills, dude. My car is paid and my rent. I feel like. those are the two most important. My car is paid cuz I see some being. repoed or something.

That was That was in the past. Oh, it. was in the past. But that wasn't my. fault though. When's the past? That was like four years ago. But that. wasn't my fault though. That was. somebody else that did that. We'll get into it. But okay, you pay. your car bill. Fantastic. Guess what? Credit card bills are still bills. They're still bills. Yeah, but they got. still bills. But they got to get put on the back. burner for more for the more the the. If you can't afford to pay your bills, you're not making it work out, though. How is that so confusing? Congratulations. You made your rent. payment.

80% of your money went to it. That. doesn't mean it works. That doesn't mean. it's good. But I need to convince you of this. Or. like I'm terrified for the rest of your. life. Don't be. It's okay. Okay. Haha. Cheeky little. But come on. I All right. I'll admit. Can I could. some of my funds be better appropriated?

Probably. So, it's not even appropriation. You can't. afford this rent. We want to usually cap needs at 50% if. we can. It's going to be largely. dependent on area. You're. 80% of your income before you set. anything aside for taxes. So, we're not paying on this. It's four. months past due. You haven't made four. payments on this first card. One out of. the stack we have. That's a child.

You're a child. You know, you're a. child. You are a financial mental child. I need you to accept this. I get it. People are defensive. First time in. front of a camera. First time getting. called out for the I get it. And you're. a cheeky little. You have no anxiety. Great. Fantastic. But I need you to. understand this. Well, it's not that it's not that I. don't understand it, right? I know it's. I know it. All right. I know it's kind. of a aation, right? I know it is. Kind of. It kind of You gave yourself a. three or four out of 10.

But that's what I'm saying though. I can. I can correct. I can course correct. Tell me how. What's your plan? Help me, Caleb. No, you just said you can. So you mean. So that means you already have a plan. What is your plan? My plan is to make some more money. That's another reason I left the other. job for my money. So make some more. money. Currently it's super successful. Yeah. See, exactly. You see where I'm going. with it? So, that's a joke, dude. So, make some more money, build that. little clientele base so that I can get.

back on track. Cuz I was doing good for a a pretty. decent amount of time. You're doing. well. Sounds like the vocabulary is not. that stacked. Credit one. We know someone's in a. position when they have credit one. But they help me out a lot. Shut the Help you out. How? So, I. started, so it was right after the repo. So, that was 2020. I picked them up cuz. they was the only ones that would help.

me out. I started with a $300. How do you What do you mean help? As far as getting a credit card so I can. help build my credit back up. Build your credit. You're not take What. credit? What credit are you taking. advantage of? You've never taken. advantage of anything in your life. You. I mean, but they're the only ones that. you know that. Yeah. when when they're the only ones. that are doing it, it means you're. financially credit one's the bottom of. the barrel. Well, if you get a if if the only card you can. get is credit one, you should not be. getting any card.

Well, how was I supposed to rebuild my. credit? I don't give a credit. Anytime you've. ever taken advantage of credit, you got. a car repo. You max out your credit. cards and then overmax them. Why would I. want you to take advantage of credit? I didn't get the car repo though. Well, again, we will get there, but it's on. your car credit as a repoed car. Yeah. And that's that's the. So, that's still your responsibility, buddy. Yeah, I I Yeah, I will agree with you. there. It was a better reality. It was a poor decision on my behalf.

This is $738 on credit one of death. Oh, what's the credit limit? $500. See, I started with three, then it went. to five, then a,000. I think I'm at like. 1250 now. Not on this card. On one of them. I got two of them for. coding. I know. I'm on this card. Oh, well, yeah, it was three. Now it's. five. But I'm just over a little bit. I mean this as a genuine curiosity into. your brain. Did Did you graduate high school?

Uh yeah. It was hard though. I wasn't a. great student. Yeah. I did good in some classes and not. good in other classes. Art? No, I wasn't really much of an artist. Well, give me a class you were good in. Um, I did good in history. You did well. I did good in history and I also did. good in English. I wrote a paper that. made my teacher cry cuz it was so. moving.

Math and science was kind of difficult. though. I didn't really pay attention. It was too hard. The numbers and stuff, they get to looking funny after a while. It's explaining some things. Okay. Yeah. Was the paper you wrote to your. English teacher? I'm going to die in. poverty in the future. No, it was my decisions and that would. have made her cry. It was somebody else. She grew attached. to the character. The character of future. You dying in. poverty. Okay.

Past due. We're back. We're behind three to four. payments. Two payments. two payments on this one. Your new minimum is $21. You're not. going to make it. You're not going to. pay it because other things are more. important. Well, when I start getting these bigger. checks, that's when I'm going to pay it. If if. when, buddy, it's sales. It's if. you got to build the clientele. It's a. different area, different clients.

There might be better salespeople there. You're competing a different against a. different pool. Gosh, I do not want to insult you, but. you're just not. financially savvy because we have credit. one part two. $1,517.69. is owed on a credit limit of.

$1,200. There's fees, there's interest. We're. past three payments on this one. on the. new minimum monthly payment. The new. payment that is owed $383. Surprised they haven't closed these yet. One of them, one of them is closed. Which one? I think. has it been sold off to collections? Uh, not yet. I think the 500 is closed. cuz that was the one I had. I don't care about your finances at all. Yeah, that's why I'm trying to work to. get back right. I just. Oh, that's fair enough. I mean, you're.

here and we're going to. hopefully get you some. This is. I I can only do so much. That's why it's a team effort cuz I will. work. It's not a team effort, but it really. isn't. I'll give you I'll give you some. help. We're going to connect you with. like our budgeting class. We're going to. connect you with our uh things. I can. get you certifications like through tech. certifications, through course careers. I can do a lot for you. This is not a. team effort though because all the. actions, everything that's required in.

the end to actually make any changes is. going to be from you. You seem to live. in a world of delusion. I'm going to. work on it though. That's the that's the. the ultimate goal is to the ultimate. goal is to get back in a comfortable. position and I am trying to work on. that. There's just been some some bumps, some speed humps kind of along. behavior based though. You bought. yourself a watch and you said you'd do. it again. Well, I bought myself some Never mind. What? Nothing. No. What? Caleb. All right.

You're here. You're gonna tell me. Look. All right. So, I got the watch and. then when I got the watch, I was just. doing some some online window shopping. and I came across these jeans and, you. know, I really like the jeans. It's name brand, so. I like to buy, you know, I like to take. care of myself. You know, I like to make. sure I look good. So, bought myself some. name brand jeans and uh. go to the gym with me then if you want. to look good. I do need to. me too. The gym in my.

That'll be a team effort. Let's go. Yeah, I got you, bro. The gym in my. apartment complex is closed though and I. don't want to pay for a membership. So, I ain't been able to. The gym in your apartment complex that. you're paying 2,300 for 2350. So, you spent money on Yeah, I get it. That's your life. But that's what we. have to stop. Those are some of the. actions you have to take. That's the. sacrifices for your future. We'll talk about your future in a. second. But I haven't bought anything in like a. few months though. These were like my. last big purchases. Big purchases. But it's not true that.

you haven't bought anything. And we'll. get there. I mean like big though. Yes. Big. That's what I just said. Big. Okay. 500. What? This communication is very interesting. I'm glad you applied to come on here, but you're very interesting. Thank you. And you're cheeky and it's okay. I just like to see the positive in in in. But there's no positives here.

I think you're a nice guy. There's no positives here in your. finances. Oh, yeah. Some of it's positive, but. what? I can I'm paying my rent in my car on. time. Okay. So, some cash app stuff. Got a. balance of 581 on there. It's all just. cash out payments out. Some in. What was. all this? What's coming in? What's going. out? It's not from the dealership. N. So, who gave you 2,000 bucks yourself? Oh, yourself. Right. You transferred.

that in? Yeah. Okay. Where's the money going? Rent. No. This is a lot of different payments. $32, $48,50 uh $43. $346. Oh, how's that going? So like the 346. like those ones those are going to be. like Yeah. So like I can you know move. money around from like credit cards to. like debit cards and stuff like that and. make my my payments. But then like the. other stuff. well the other stuff that's going to be. like you know um some people owe me. money for certain things and then like.

if I'm at work or something we ordering. lunch. Are you giving people money? You don't. have money. I'm loaning people money. But you don't have money. They give it back. This is them giving it back. some of it. Yeah. And then if, like I said, if I'm. at work and they ordering lunch, I'll. put in on a lunch order. That's stupid. Don't have money. I wouldn't do it. But. [Music]. here's a car. Pay my car bill. Late charges, unpaid,

$2243.74. Pay my car bill. Talking about And you know what? This is. for like the car that's out there. Like. the most peaceful car. The car that. everyone pulls up to next to and they're. like that's a douchebag car. That's an. ultimate that car. 2015 Chrysler 200. It's a joke of a car. But it's the nice one though with it's. hilariously embarrassing. It's got the upgraded motor. Doesn't matter. It's embarrassing. I. wouldn't be caught seen like looking at.

a Chrysler 200. It's a joke of a car. But does Chrysler. 200 though it's just like it's a piece. car. usually well overpriced especially on. used lots. I got it kind of for a steal but the. dealership that I bought it from they me. on the on the car. They advertised it for a certain price. and then on my contract they sold it to. me for more than what they advertised it. for. So I got it. steal. Well it was a steal initially. Didn't. realize until my contract. Do we have the value? Oh, we don't. Let's get the value. Can he go get the.

Is it out there? No. Do you have the VIN? Maybe. I think I do. And while you're looking that up, how. did you get screwed over? Especially you. car salesman. I wasn't selling cars at the time. So, when did you get this car then? 2020. It was right after my repo. Oh, that was a great time to buy a car. I know. And after the repo? How' they approve. you of a debt? Well, that explains why. it's at what is this? What's the. interest rate on this thing? 24%. Oh, off.

F. Off. on a Chrysler 200. Chrysler 200. 24% on. a Chrysler 200. A joke of a car. That's not to insult you. I'm just a drug dealer who drives a. Chrysler 200. Not to insult me. I got the VIN number, though. People are. gonna say I was saying that because of. you. To be clear, the car. It's about.

the car. Well, you want me to send this VIN. number to. Texas. Late charges, buddy. Late charges. Late. charges on this piece. Why are there late charges? Went through a, you know, couple of. different things. But you bragged about making your. payments. Yeah. Look at how many late charges. versus how many on-time payments there. were. Buddy, if there's any late charges, that's missing a payment. Okay. You've.

grown up in a life and I'm glad you just. recently found our stuff and applied. But you've you've gone through life. Okay. Your family, you're you're close. to them, it sounds like, cuz they visit. um every now and then. Okay. So, but you have a relationship. Yeah. Did you grow up in a household where. missing payments was just normal? cuz. this has to be like a part of your DNA. that this is considered okay or else no. one would be doing this. Um.

I mean I I don't really know. I don't. really know what my uh what my mom's. finances were like but we it wasn't it. wasn't it wasn't great, right? We didn't. we didn't have the most stuff. Why do you feel so nonchalant and normal. about this? People are going to be like, "Oh, I have people on that actually. care." I know you care. You just have a. very different psychology around this. And it's very interesting. There's a lot. of people out there that are just like. you in our consumer culture who just. aren't disciplined on finances. And I. want to know from your perspective.

internally. Dig deep. Why do you think. you just don't give a about this. cuz I know I'm going bounce back. Okay. And that's interesting because we. hear people say that in a lot of. aspects. They don't care if they lose. their job. They'll bounce back. They. don't care about this. They'll just. bounce back. They don't care about this. relationship falling out. They'll bounce. back. They don't care about uh falling. off a diet, they'll bounce back. They. don't care about, you know, falling off. the wagon, they'll bounce back. So many. people have that mindset and that is a. dangerous mindset because you're. allowing your solution to be in the. future, the hypothetical future instead.

of actually taking care of it now. The. hypothetical future never comes if you. don't take care of it now cuz you're. never going to take care of it now in. the now. And the future will be the now. But you're not because I'm trying to. But you're not though. Your actions are. not. I'm trying to. But your actions are not. I'm trying to take care of it though. Oh. my. How does that How does that How is. that computing? H how does that I know. you can't do numbers, but compute that. for me. What are you doing to try? Uh I. went to a job to make more money so that. I could. And you're not. pay my bills. And you're not.

yet doing either of those things, paying. bills or making more money. I could have worked with us on $7,000. I. could have gotten you a budget. This is. going to be one of those episodes where. I do a budget. And the shocker after. your rent, it's very clear that you're. not going to be able to pay your bills. on your current income. Well, I can find out I can I can log in. and I can find out how much money I made. through the month of March or for the. month of March. I just. How many cars did you sell? Uh nine and a half. How many m and a half? What's the half? I had to half it with another.

salesperson. Okay. How many miles are on your car? Which one? The car you drive? Well, I drive one, but I don't drive the. other one. The Chrysler. The Chrysler prior other car. I around. probably around 95,000 mi now. Which car do you not drive? The Chrysler. Why? Why do you even I mean I wouldn't. Yeah, Fair enough. If I had one, I. wouldn't want to be seen around town in. it either. So, what's your driving car? I don't want to I don't want to tell you. what the driving car is cuz I feel like. you're going to make fun of me, Caleb.

Well, maybe. I mean, if it's another. Crescent 200. It's not. What is it? A Mercedes-Benz. C. Oh my gosh. You can't. That's. Oh, you are a car salesman. Have you. like the uh the shorts and stuff of just. like the car dealers? They go around. they're like, "What's your car payment?". They're like, "Oh, a trillion dollars a. month at a billion%." They're like, "This is awesome. This is great." Car. dealers, salesman, easiest people to. sell to. Got a good deal. You have a debt. You thought you had a. good deal on this, but you didn't.

Condition of the Chrysler 200, please. Condition of the Chrysler 2s. It uh it. has hail damage. It's hell damaged. Do you owe on this Ben's? Yes, it's financed through my bank. Oh, I did see that. I thought it was a. personal loan. Okay. I do have one personal loan. Oh. Oh, we'll sort through it. Oh my gosh. What is this? What is your life? Why. don't you drive it? The Chrysler? Yes. That's the one you don't drive. Cuz I got a new one.

So, why not get rid of the Chrysler? That's what I'm in the process of doing. How so? How far in the process? I need a. I need to find somebody who will take. over the payments on it. So, you're not in the process. Well, I've I've got. Who would take over a 24%. Somebody who needs a car. Huh? Somebody who needs a car and they can't. get one. So, you're going to pray on people? I. told you you did. I'm not going to pray on people. Someone who can't find a car but needs. one. Yeah. If they're going to take this, they're. going to be prayed on. No, I'm just helping them out.

You're. It's like a quid proquo. It's a quid proquo. You're getting all. the quid and the pro. No, they get a means of transportation. and I they get this. They get a means of getting and you get. the reward of getting out of it, buddy. The value of your car is about 8,000. bucks. You owe 14,000 on it. So, that's not super terrible. Are you What are you? What are you? Oh. my gosh. Okay. I just have to I just. Okay. Okay. Okay. I just have to remind.

myself. you're ignorant on this and ignorance is. okay because you just haven't been. presented the correct information and. mindset. Bad take. Bad take. Bad take. That is not I need you to know that that. is not okay. I'm not saying it's okay. What did you say? What did you say? What. was the words you said? You essentially. made it sound like it's okay. It's not that bad. It's pretty. What if it was worth. You're right. It could be worse. Doesn't. mean this isn't What kind of argument is. that? Don't pull that bull with me. Hate.

when people do that. Now, can we talk about one bright spot? Yeah. Quicksilver. Hey, I like this. Yes, sir. You paid it off. Yeah. And didn't spend anything on it. Yeah. So, what happened here compared to. everything else? Cuz this is. interesting. This is a weird diamond in. the rough. And the rough is rough. So, I'm an authorized user on a couple. of cards. Oh, so you're an authorized user on. that? This isn't even you. on this one.

So, you didn't even pay it. The person that you're an authorized. user to did. No, this is mine. Looking at the. balance, this is mine. So, why'd you pay that off versus like. what compelled you to pay this off when. you weren't even making minimum monthly. payments on others? So, that one is on automatic payments. A full. What's that? Uh just to pay off the full balance. Yeah. Well, that one's on automatic. payments. So, why why are the other ones not done? I took them off. cuz that one comes out. and it'll put my account negative. So, I. took the other ones off of autopay so.

that it doesn't keep. Why did you choose this one? Well, this is So, it's on there still. because I just didn't catch it in time. If I had caught it, then that one would. not be on autopay. So, the one thing we can celebrate was. literally an accident. It wasn't an accident. You said you didn't catch it. Yeah. When you get called out, you get a. little bit of a smirk. You're like, I'm. getting called out. Like, it's a kink of. yours. No, it's it's not that. Right. It. was it. All right. So, if you say it's. an accident is like as far as like I.

didn't catch it. You didn't catch it in time. Yeah. But. it's an accident. So, no, no, no, no, no. So, it's on. autopay on purpose, right? It's on. autopay on purpose. But the other ones I. took them off of autopay because I knew. for a fact that if those would have come. out, my account would go negative. What's the balance of this currently? The balance? Yes. I would have to look. Look. Good. Pulling teeth. Can't believe you got a Mercedes Ben.

Why' you buy a new car? Uh when the hell when the hell hit my. car? Did it make it inoperable? Well, the the insurance company told me. that my car was being totaled out, but. then they told me that they weren't. going to cover it. Were you able to drive it? Is it. drivable? Yeah. Why'd you get a new car? Because they told me it was going to be. to. Why? Yeah, but then they didn't. So, why'd you get a new car? Because they told me they were picking. the car up that weekend. Okay. So, you got it before it was. picked up.

Yeah, that's the only time that I I had. available to go and get a new car. Don't do that. Wait till the thing is. done. Yeah. Yeah. Yeah, I will. Yeah, for. sure. If you're going to use a card, I want. you to use the Fizz card. It's usually. more geared towards college students, but this is You've demonstrated that. you're not a credit card person. It's um I don't know. It's not loading. the capital one. Make it load. What is it? The internet. We'll get you on the guest Wi-Fi. Well, I'm on the Wi-Fi. Okay. Make it load. Is there a new. balance? Have you been spending on it?

Yeah. Kill me. What the What are you? Why? Um, you finally You made progress on. literally one thing and you destroy it. immediately. It's There's bills that need to be paid. Oh, off. No, I want to see it. I want. toing see it. Are you kidding me? You're. not pulling that away. Uh. 298 and45. All right. I'm going to give you $20. right now. All you have to do is sign up. for Acorns using my link in the. description below. It's an amazing. investing platform that you've probably. heard about before. And this makes the.

end of your week even better. There's no. strings attached. It's literally a free. $20. Use my link in the description. below. Available. Oh. Oh, how did they even open this? Available. credit $155. I'm almost impressed. I'm almost. impressed. An Apple bill.

Verizon. $170. Why is it so much? My phone bill. I got two phones. Oh my gosh. Why? You have two cars and. two phones. Why do you have two phones? One of them is my personal That one that. you're holding is my personal phone. The. other one has to do with work. Why don't you just get a second number. on your one phone? You can do that. Oh my gosh, we live in. 2024. Yes, you can do that. Just a. Google phone number or something. It's. free. Oh. Oh, okay. Sell the other one. Get out of. it. Then switch to Helium. It's $20 a.

month, man. 170 versus 20. What's. bigger? Another Apple thing. Stopping and getting some potential. taquitos. Experian. You're paying for. Experian reports. And. I was Hulu. Stop. Yeah, I stopped that. Oh, great. Member fee. Member fee. joke. Joke. Okay, this one's a little bit of a.

So, this is Oh, that's the MercedesBenz. Oh, the Benz. Do you have. the VIN for this one? Yes, I do. Send it. The Benz. I actually just got the value. of this one this morning. from what? A old coworker of mine. I had to look at. the car fast. Well, I don't trust your coworker. We're. going to check it. $28,778. is owed. 98.

Your payment's $654. Yeah. With that in rent, you don't have enough. to live. It doesn't you How are What is. you your life? This is insane. This is insane. Is this. the worst finances I've ever seen? This. is insane. This is. I'm blown away. I'm blown away. It's not often that I'm just just. [Music].

speechless, but I had an 18%. off interest rate. Kill me. You don't need a Ben. You're a car. dealer. It doesn't matter. All right. We. need your vineyard, mileage, your color, number of keys, we mo in condition. 68,000. What year? 2020. So, you got it. It's white. It's in really good. condition, though. Oh, good. I'm glad. I'm thrilled, guys.

It's white. That helps with the value. It's. the most exciting thing. And I have two keys. Oh, keys. I thought you said kids. Not yet. I want him though. Do you have a girlfriend? What's that? Do you have a girlfriend? You have a. significant other? Okay. Yeah. Get out of debt for us, buds. This. is not responsible parent behavior. Not. even close. 567 credit score.

My dream car dealer. Hey, it was a lot worse than that, man. But I've been putting in the work to get. it back. Putting in the work. What work? What. work have you put in? Look. Well, look. at what we've seen. Look, I got some credit cards you put. in. You've gotten credit cards and. you've maxed them out. They're all maxed. or over maxed. There's nothing. Even the. one bright spot here has been maxed out. Has been maxed out. The are you talking. about? The are you talking about work putting.

in? It's only recently that they have become. kind of not the best. But then that's not putting work in. That's not putting work in. Just a bump. in the road. But that's why. But you're underwater in the Benz by. about $8,000. That's why I'm looking for help. You're underwater $8,000 in the Benz. You think so? Yes, man. I'm sure I can get more for it. Yeah. I mean, you're a dealer. You might. be able to get a couple extra thousand, but you're in the hole regardless. For now. What do you mean for now? You keep. saying that. That's what it is. Is that your cope all.

throughout life for now? That's the That's the goal. The goal is. to once that money starts coming in and. I start paying my bills off. I'm trying. I want to get out of debt. I want to get. out of debt. I will say that. I want to. get you a fun fact. You made this money before and yet we. are still here. You've only had two. months of lower income. You made this. money before. We are still here. You. making more money is not going to change. anything. Your behavior, your mentality. around this, your lack of anxiety around. this, and I don't want anyone to be. anxious, but your lack of anxiety around.

this ising you. You're getting destroyed. by all that. You making more money is. not going to solve anything because it. doesn't change your behavior. It doesn't. change your mentality. It doesn't change. your actions. Can I say. it's not going to help. Can I say something though, please? The only So, it went it went kind of. negative like towards the end of last. year cuz that's when I got my promotion. at my last job. And whenever I got my. promotion, I took a little bit of a pay. cut cuz the pay was different. What was your pay? Um, so originally it was.

20 No, originally it was $2,000 a month. base salary plus commissions. Was the promotion No, no. Tell me your promotion money. What. were you making? It was $3,000. a month salary guaranteed and then 1.75%. of all of the profit that the dealership. made after 200,000. But those three. months. you could have you could have done. things. But those three months during what is my. my pay was dependent on other people. So.

if our sales p if our sales people were. doing good and the store did good, then. I made a lot of money and they just. weren't making the dealership wasn't. making money. and it was your job to put being put in. that position. If you're making money. off of them making money, it's your job. to coach them up, make sure they're. making money. It sounds like you failed. at your job on them. No, I did what I could do. No, they would have been doing better. Or you find people who will do better. We I tried to find people that could do. better. Then you failed at your job. They got scared off by the environment. That's why I left.

Okay, you still failed at your job. You. failed. Now, okay, I gave you the. benefit of the doubt. Maybe the. environment, maybe you're set up for. failure, but you still failed. Maybe the. environment, you know, put you in a. position where it was almost impossible. But in the end, you were hired for that. position to make results. You did not. So, you did not make the money. Fair. And I can agree with that. I was put in. a pos I was I was put in a position. where. it wasn't a great position. And yes, it. ended up failing. Was I set up to fail?

I think so. But again, that's. subjective, but I was. Okie dokie. So, you still owe $13,715. on a uh to Nissan. Yeah. What happened? You've t You've teased it. since the beginning. You've given us a. nice little uh. uh edging on this car. So, all right. So I had I was in a. relationship with somebody for about. three four years.

Um and it was fairly serious, you know, three four years it would do that. My. first big boy relationship. Um her mother was in a in a situation to. where she needed a vehicle. And so I said, "Hey, you know, I drive a. company vehicle most of the time, so you. can drive this one. Just pay for it.". and she paid for it, you know, well for. about 6 months, but then. whenever the relationship started kind. of kind of started to go bad, it was one. of those things where like she stopped. paying for it. So I went to collections.

once and we got it out. Oh, and then she paid paid paid and then. just stopped paying on it again. But and. she always would have an excuse like I. don't have the money, but I know she had. the money cuz she paid for, you know, two surgeries, trips to Mexico, Greece, all that. And this is why we don't lend money. We. gift. If you gifted this, it's. different. This is where you do not lend. to family, to relatives, to friends, cuz. they can you even if you don't think. they will, they can. It strains.

relationships. I'm sure this wasn't. helpful for your relationship with your. person. Was it? It was at the end. So, I mean, that was. out of there anyway. So, for y'all, this is why you do not do it. This is. still your responsibility to make the. payments if she was not. Yeah. And you didn't? Yeah. Why? I was unaware. I didn't know until she. called me and was like, "Hey, uh, they. put the. Oh, no. They still should have told you. It's also your responsibility. You. should have been checking up on it. either way. You have access to the. account you have." They would have.

called you. They would have sent you. letters. It's still under your name. That doesn't make any sense. Well, we I changed the phone number to. her phone number. and mailing address to her. Yeah. Well, because it was her car, so she was. like, "Yeah, I'm going to pay this. I'm. going pay it off early." And then. when you started hearing that she. didn't. Why didn't you start talking to. the bank and being like uh it's time for. me to. Well, I did. Whenever I talked to him, they was like, well, like tough. Basically, there's nothing that we can.

do. And there was nothing they can do. and I I accept that. Okay. There was a Capital One that you. never paid. When was that? Uh it went to collections 2020. Oh, all that happened kind of in the. same around the same time. Why were we not paying? See, that's. where all of a sudden you're dodge your. excuses on that I'm starting to think. are a little bit because guess. what? You also weren't paying other. things and they went to collections as. well. If it was a one-off thing, I'd be. like, "Okay, but obviously not.".

Well, so while that was my first big boy. relationship, right, it also kind of, you know, affected my mental health, right? I wasn't in a great position at. that point in time. Um, I don't have. those same issues now, thank God. But. So, why haven't you paid him then? Well, they're in collections. Yep. So, why haven't you paid them? I think what is it after like seven. years or something like that? It drops. off. You don't feel you don't feel morally. responsible for the money that you uh. borrowed and signed a contract with. I mean, I'm going to do it eventually. I. I. eventually that is the name of this.

conversation. It'll be done just never right now. Guess what eventually becomes right now. I'm going to take care of it. I don't think you will. I will. Well, the main thing is I don't. sometimes I don't be thinking Well, I. don't be thinking about what's in. collections. That's my biggest problem. Well, it's time to be thinking about. what's in collections. You're right. Yeah, you're right. I'll. give you that. Austin Energy. We didn't pay our energy. bill. Yeah, this one was 2023. I I honestly don't know about that one. cuz I haven't I haven't been with Austin.

Energy since I got this new place. And I got this new place. I moved in. February of 2023. Well, it makes sense. that it went to collections around then. But how? I didn't. They're not with. Austin Energy. from your previous place. So that I just didn't pay it then. That's what it looks like, buddy. How. the do you not inquire? I'm not I. shouldn't have. Don't come to me for the. answers on that. How would I know? Obviously, you didn't pay me if it went. into clutch. How much is it?

$622. What the How did you not know? Because nobody told Nobody told me. anything. I never got no call from. Austin Energy. You paid for your credit report and you. never went through it once? No. Oh my gosh, buddy. Yeah, I didn't I didn't know that. I. didn't know that one for sure cuz I paid. Austin Energy through my old place and. then I told them and my old place that I. was moving out. I told them I was moving. out in December and then moved out in. February.

Okay. Oh, the fact that I'm the one stressing. about this and not you is just killing. me. There's $5 in your checking account. Good job. Vending machine. Taqua. Vending machine. Apple bill. Apple bill. Door Dash. Door Dash. There's the rent. $2,352.95. Car wash. Car wash. We're washing our. car. Our stupid hail damage car. Our.

stupid Mercuries Benz. That's $8,000. underwater that we can't afford. We. don't have We have $500 in our checking. account, but we're getting a $20 car. wash. That's great. That makes sense. That's smart. That's awesome. That's. fantastic. Amazon. Great. Oh, more. apartment stuff. $43.95. Panda Express. Better be getting that. delicious orange chicken and enjoying it. because guess what? You don't have the. money. Roku, Apple, vending machine, vending machine. Oh, car dealership. We're stuck there all day. We're getting. the vending machine. Shoving those. Snickers down our throat. Door dashing.

money every second of our life. Roku. We're obsessed with Roku. Roku. I've. never even seen Roku on any of these. And we're like, Roku. That's my life. I'm dedicating my entire life to Roku. Roku. Roku for Showtime. This isn't. Showtime for What else do we What are. you spending money on all this crap? Door Dash. Vending machine. Vending. machine. Vending machine. Vending. machine. Would we be surprised if. vending machine Door Dash taqua and Door. Dash and Apple and more vending machine. cuz that's our favorite place in the.

world. If we go to the if we go on a. vacation, we're going on a vacation to. the vending machine. Peacock, there's. nothing on there anyway. Netflix, it's. all these days. Disney, same thing. there. Nothing. Mission Lane, Amazon, vending. machine, vending machine, $600. $600. sent in deposit from where? We don't. know. Roku for stars. You have every. subscription. You have everything. You. consume content. You are the content. consumption king. Amazon Prime. Oh,

good. Good. Is that some Prime video? Potentially. It wouldn't surprise me. Apple bill. Apple bill. Apple bill. The. cut. I'm sure you are. Most Americans. are. Vending machine. Vending machine. Oh. Uh, massive. uh payment. 344 withdraw. Oh, that was. the one that was automatic withdraw. It. was an accident. Apple bill. Apple bill. Uber Eats. We switched off from Door. Dash. We're at Uber Eats now. We're. going to get by them as well. And then. Hulu.

Oh my gosh. What is that? I'll be watching shows. There's some good shows on those. You should be working extra hours at a. different job to. um Nathan sent this. This is his updated. statement from that month. Can you send. this? Oh. Okay, so we have a new statement. [Music]. I'm ready to give up.

Can I This is not I can call this out. I. can let you know how bad it is, but I. don't think you've been receptive of how. bad this is. And what can I do? Cuz now. now now now you've ended. 559. $159. What do I do? Your Let me be very clear. not to be insulting. Your finances are a.

joke. The way you're treating your job. is a joke. The way you're treating your. life is a joke. Your view on all of this. is a joke. I would be embarrassed. If you don't have any sense of. embarrassment over there, then I'm. ashamed for you. This is living life as. a child, not as an adult in any semblance or. shape or form. How do you have negative. money in your checking account, but you.

go and get a new watch, but you Uber. Eats and Door Dash, but you. sit on that vending machine all day. Your desk may as well be on top of it. Have you no shame in this at all? I do. I do. And I want to do better. I. do. I honestly genuinely right. Genuinely I want to do better with all. my money. You say that, but your actions your. actions your I've heard you say that and. that makes me happy. But your actions. not acknowledging how bad certain things.

are. you there's nothing demonstrating that. what you're saying right there is. reality. So, how are you going to do better in your. own mind? Oh, this is filled with taquitos and. vending machine. I just need to um I just need to do. better as far as budgeting cuz right now. I don't. Oh, more car washes and do better with. budgeting. But if I give I'm going to. give you the tools for you to budget and. the education behind it and I'm going to.

create a budget here. But again, nothing. matters if you don't do it. But it's. going to work out though. Well, how? Cuz I was in a bad spot before, right? In 2020. I was in a bad spot and then I. got my way out of it and I was doing. really good. But it's those I'm telling. you, it was those little three months. when. I was at that new position at that job, not making no money, that everything. just kind of went and could I have been. more responsible with the money that I.

was getting? 100%. So, why weren't you and what's going to. change now? I just wasn't thinking like that cuz I. kept on thinking like, you know, it's. going to get better cuz that's what I. was being told was it's going to get. better. It's going to get better. Just. wait, wait, wait, wait, wait. And I was. waiting, waiting, waiting, and it just. never got better. So, I'm trying to make. the moves now to get it back to how it. was. And. let me be clear, the income you're all. getting is pre-tax, correct? You need to. pay You're a contractor, right? Technically, uh, no. So, my it's it's both. It's.

both. So my commissions, the what I make. at my actual job, that is taxed. Okay. The additional that I get from the. manufacturer. from for what? Um surveys. So like if we do good on. surveys or like certain units that we. sell. Okay. Certain bonuses from the the. manufacturer. Understood. The spending in that was. basically the same. Doesn't matter. $600. went in your Apple. $600 went out. I don't know. Tell me what the this.

money out was. Where did this go? What. What even is this? The uh the 600 that uh that came in that. was um that was a rent. That was a rent. payment. So like I had the cash and I. just gave it to somebody and I was like, "Yo, can you deposit this?" And then. Apple paid it to me and then when they. Apple paid it to me. To be very clear, this is some of the. most bat insanity I've ever seen. Like. not an award I want you to win.

I'm going to try my best to give you a. path forward, but again, nothing matters. without your actual actions going. forward. And I want that. I do. I want that. I've heard you say that. And I hope. that's true. Debt payments. This is your. spending. Spending percentages. Money. went out. Debt payments net $444.65. And we know your minimum monthly debt. payments. So that doesn't stack up to. what you actually should be paying. $2772.26. or 38.6. 6% went to housing.

Transportation $1,738.82. or 24.2% of our spending necessary food. Oh, groceries. This is groceries. This is. what you need to survive. This is. calories that are good, good, good, affordable things you can do. Meal. prepping.9% of your spending. Destroy my. life now. Food. Going out to eat, $2612.

or 3.6% of your spending. Unknown. shopping, that was usually the Amazon. In Walmart, 1% of your spending or. $73.74. Medical or healthcare.6%. $167.74. [Music]. went to subscriptions. That's. ridiculous. Or 200 or 2.3% also. ridiculous. Going to the vending. machine. $153.86. Miscellaneous bull. Other large. purchases 20.3% or 1456.58. Let's see what these big purchases are.

These big purchases. It was Apple cash out. Great. And cash. app cuz that was just ridiculous. I. already knew that. Okay. [Music]. What do I put for your income? cuz it's. I can see I can log in and I can see. what I made in March. Do it. Do it. now. It's going to be before taxes. It's.

going to be before taxes. All right. So, commissions from March. with 9 and a half cars. total earned. And this is again before. taxes, $9,22.7. That's awesome. So, you're getting close to that 7,000. net, right? Um, well that's before they. take the minimum wage out, too. So, the. minimum wage. How many hours did you work? I think we work like 50 hour work weeks.

So, even close, you're probably getting. like what, 6,000 bucks? Yeah. That's progress right there. That's. progress. Let's say it even goes up from. there. Let's go. Let's give you your. average from the last place. And I hope. you make more, but let's say $7,000 a. month is what hits your account. See, that's good. I wish it was a job that. had more morals, but that's okay. It's. still money you're making. You don't like car dealerships. Uh, does anyone? The answer is no. I do. Oh, shock. Who would have thought?

You're in two absolutely ridiculous, borderline just. nuclear bomb versions of car debt. Of. course, you like it. You go in there and. you sign every contract possible and. then you get old women into terrible. contracts or kids that just graduated. high school. Okay. debt minimum monthly. payments. So, you said you want to get out of this, right? Yes. On a scale of one to.

uh. completely legit, how legitimate. are you willing to be to get out of. this? How absolutely sacrificial. are you willing to be to actually change. your life around? Cuz that's going to. determine the rest of this. I mean, I I'll make some sacrifices, but. Okay. I can't sacrifice everything. Okay. So, what the what the then you. don't care. Then you No, no, no. If you. care, you sacrifice. You act like an.

adult for the first time in your life. and you sacrifice. That's what an adult You just said some. things. Some things. What are the things you're. willing to sacrifice so I can even see. if the rest of this is even worth it? I mean, I won't go to the vending. machines no more. Oh, big big man. Big man. Big sacrifice. [Music]. Look, the. What else? What else? I'mma work with you guys. We give you education. We do not do the.

actions for you. Give me your. sacrifices. Sacrifices. You. All right. So, so for the sacrifice, I. can stop going to the vending machines. I can pack my lunches more. Um, not go. out to eat as much. as much ever. Not go All right. Not go out to eat. I. can just pack my meals. I did a little. meal prep for a little. promise. You will not go out to eat at. all. Pinky promise. Okay. Not touching that, Pinky. That's a. car dealer. Pinky. What else? All right. So, I won't go out to eat.

anymore. Are you willing to potentially break. your lease and move into a cheaper. place? Probably not. No. Okay, then off. Then off because this is it's a. ridiculous rent. Even for your better. version of your income is a ridiculous. rent. Are you willing to sell your uh uh. Benz? I'll sell the Chrysler, not the van. Then you you're not sacrificing. I don't. give a about your wants. I don't. care if you want to live in a nice. place. I don't care if you want to drive. a nice car. You can't. You can't. You.

can't. What? Right. We all know how nerve-wracking. the stock market can be from time to. time, which is why I'm a firm believer. in dollar cost averaging. However, it. can be hard to budget the cost of buying. new stocks every week, especially when. the price is always changing. Which is. why I'm very excited to share that my. favorite investing app, Mumu, just. launched fractional shares. This update. will allow you to invest in those really. valuable, but really expensive companies.

like Amazon, Google, and Apple. You all. know how important budgeting is to me. And now that Mumu offers fractional. shares, you can easily budget to invest. $5, $10, $50, or $100 each and every. week. A strategy that I personally can. get behind. Now, listen up, because if. you're thinking about making a switch to. Mumu, there's never been a better time. New users can transfer from an other. account without any transfer fees and. receive a 1.5% cash reward up to $300.

Or if you're just getting started, Mumu. wants to help you kickstart your. investing journey by giving you $5 in. each of the magnificent seven stocks. when you make a qualified deposit. Don't. miss out on this opportunity. Click my. link in the description below and. kickstart your investment journey with. Mumu today. So, there's no point in my. mind. I mean, there is. I'll stop. I'm not. going to go out to eat. I'm not going to. spend my my day at the vending machines. no more. What's your rent? 2250. What's your utilities?

Um, utilities probably around a hundred. bucks. That's a lie. That's That's what the You saw the 23. That's my rent, including. internet. [Music]. 50 $50 a month. Renters's insurance. Uh, 20 bucks a month. $222 was spent on gas and electricity. You don't even know your numbers, but. we're not surprised. phone bill. What was that? It was like.

170 or something. It was something. stupid. Something like that. What is it? How do you not know? Verizon. You don't need a Verizon. Verizon's great for those who can afford. it. I could afford it at some point. No, but you can't now. And that's. literally all that matters. I don't care. about your past. I don't care about your past. My past. doesn't matter. Your past doesn't. matter. Their past doesn't matter. No. one's past matters. What you're choosing. to do now is all that matters. What. you're choosing to do in the future is. all that matters. I don't give a pass if.

something worked. Verizon. 170. I'm. okay. Gas, vroom, vroom, drive, drive. How much? It takes me like $40, $50 to fill up, I. think. How often do you fill up? From an E. Every other week, I'm. going to say 125. Car insurance says tell me you have car. insurance. Yeah. Yeah, I do. Um 3 316 That's disgusting.

334. I am glad I have a team, let me tell. you. Oh, it's 334. Yes. No, no, no, no, no. It's three. So, that's the car insurance and the renters. bundled. Okay, then I'll get rid of the renters. Okay. Toilet paper fund. This is. anything else you need TP fund we call. anything else you need to survive in. life, anything for your house. You get a. more concrete budget when officially, you know, your nitty-g gritties. That's. going to take hours and you're going to.

go through our program, necessary food, $300. Meal prepping. We're going to give you a grocery listed. meal prep plan as well. Subscriptions. Cancel your subscriptions. Is that. something you're willing to sacrifice? YouTube's free. This is the best. platform. Best content. Can I keep Can I keep one thing? What? You don't even know what you requested. it, but you didn't know. Um, Showtime. Can I keep Showtime?

What is on Show? Okay. Okay. How much? How much is it? Um, it's like less than 15 bucks, I think. Let's say 15. And let's see if it fits. in. Is there a gym that you pay for? You. said you didn't want to pay for a gym. Ongoing medical healthcare. I have uh I have insurance to my job. No, I'll go to the doctor that. often. Okay. So, no. Anything else I. need to put in here? Recurring monthly.

other than your minimum monthly payments. for debts, obviously. No, I don't think so. This is when you catch up on your. minimum monthly payments, by the way. $1,377.30. Insane. 2250. again. Be nice to this man. Only I'm the. one who's allowed to be Caleb Springer. in the videos and in the titles and in. the thumbnails. Okay. Minimum to survive.

$4,944. or 43. Yeah, $44. Okay. So, technically you have a $2,000. gap. So, I allow the insurance and that's. included in there. Okay. So, if you're. not willing to make the sacrifices in. terms of getting anything or downgrading. things, [Music]. then this is what I would do. Two months, save up to $2,000. Boom.

4,000 hours. Almost a one month. Almost. a one month emergency fund. So, that's. what you're doing for the first two. months. You're setting an allside in a. high yield savings account. You can use. SoFi. That's what I use. It's great. 4.6%. You'll get signup bonuses as well. Okay. From there, starting month number. three, I am paying off the Revi and the Capital. One $738 one and then also the.

Quicksilver card. And that'll make us through month number. three, month number four. And then cut. them up. You're not a credit card. person. You can't use credit cards. You. don't know how to use credit cards. It's. fine. And you want to take advantage of. credit. will always have some kind of. credit because you take out car loans. cuz you're just ridiculous. But get rid. of credit cards. Chop them up close to. accounts. They don't matter. They are. not benefiting you. They're taking. advantage of you. They own you. Month number four, pay off the second. credit one. Boom. That's paid off. Put. any remainder you have towards.

towards the. Okay. So $8,000 was the value of the. worst car in the world. So then you'll. owe $6,000 on that. That'll take you an. additional 3 months to pay off. So that. was four. So five, six, seven. So you. completed month number seven. And then. okay, so that has taken care of the. Chrysler. At that point, all active open credit.

cards are done and your Chrysler is. done. From there, we needed to take care. of this bends as quick as possible that. you're not willing to sell. Whatever. you're not willing to sell it, fine. It's not what I would do, but. whatever. And at that point, we have an. additional 200. $2,750. left on a monthly basis. It's going to. take 9 and a half months to pay off. So, it's going to take us at that point. round up 17 months for flexibility.

Uh, which is what, you know, a year and a quarter, year and a half or. so. So, getting close to a year and a. half there. Uh, just over a year and a. quarter and the Benz is gone. All active. open debts is gone at that point. Now, if you really care about your credit, you will take care of the collections. You care about your credit, so you get. the credit score, but we allow. collections. That doesn't make any sense. after that. you know, month number 18. completely taking care of the old. Capital One and the ATX Energy, Austin.

Energy, and then the Nissan. Let's not. allow that to sit there. If you want to. take advantage of credit, we kill it. And it's also your responsibility either. way. Again, this is what I do. I don't think. you actually will do any of this, but. doing it for them cuz there's going to. be someone multiple people that relate. to your situation. cuz this is a lot of I could I believe. you can sacrifice. I think you can. sacrifice for a few months. or a year and a half at this point, but.

okay. So, let's say you have an extra. $3,200 left on a monthly basis. Now, of. course, the more money you make, the. more cars you sell, the more people you. take advantage of, the more money you. make and the quicker we can pay off this. debt. And then that'll take another four. months to pay off. So, uh, and then you. save up a six-month emergency fund. I. say that's about two years, two years. and a quarter. Now, answer me this. Are. you not, are you willing to not upgrade. your lifestyle? And are you willing to. not eat out at all or have any paid for.

fun including travel and all that stuff. for two years and a quarter to get. yourself to a financial baseline of. stability? Like literally level zero. right now. You are under the ground. It's going to be tough for sure. I mean. I don't really travel like that anyway. but as far as like doing you know fun. stuff and. it's not sacrifice isn't called. sacrifice if it's not tough. So are you. willing to do that? Yeah. You're telling me you're not going to. eat out for two years, two years and a.

quarter? I'll have cheat days. I'm not going to. lie to you and say I'm not going to do. it at all. There's probably going to be. cheat days nine times out of 10. But. nine times out of 10, okay, don't like. those odds. No, I'm not going to cheat nine times. out of 10, but if the odds, it's not. 100% that there's going to be cheat. days, but it's like 99% there's probably. going to be a cheat day or two. Listen, what I am good with, and this is a good. way to do it that the money guys do, as. you're paying off these debts, set. yourself goals and milestones of paying.

off the debts. And when you pay off the. debt, allow yourself an extra $200 to. just have some fun. This will extend the process. Let's call. it 2 and 1/2 years. But if there's more. of a chance of you getting through by. giving you those goals, milestones, rewards throughout, I'd rather if that. gives you a better chance of actually. completing it in two and a half years. than a lower chance of completing it in. two years and a quarter, of course, I'd. rather take the longer time in you. actually getting through it. So, that. can be ways to do it instead of just. allowing yourself the excuse of a cheat. that's going to happen. Set milestones.

and give yourself the cheats when you. hit those milestones. I had goals coming. in here. Like I did like you might not. believe me, but I really did have like a. goal to get like everything paid off. And I wasn't even going to do it over. the course of like a year or two years. I was going to try to have like. everything paid off by like the end of. this year. Like I really wasn't. Well, that's literally impossible unless. you triple your income. So in the. realistic world and I believed you had. goals. There's no point for you to come. on if you didn't have goals. It's just.

the goals without actions. That's where. that's what separates the people who get. done and those who don't. So far, you. haven't got done, your actions, and a. lot of your language and understanding. around things has suggested that things. will not be done. But if you're willing. to sacrifice and we'll hold your hand. throughout, man, you reach out anytime. you need help and we select we connect. you with resources, you know, maybe I'll even fund your mumu. investing account once you get done with. this like a little bit, you know, to get. started. Like there's a lot of exciting. things. I mean, that's the one that I. personally use, but we can talk about it. then. There's a lot of exciting things.

in your horizon. But if you're willing. to sacrifice for a year and a half and. give yourself those milestones where you. allow yourself to cheat, don't upgrade. your car, don't upgrade your rent, don't. upgrade all these things. Live within. your means, grind it out at the sales. job. Every time you leave your sales. job, maybe get a second job. You know, you're doing nothing but watching. streaming services anyway. So just go. make if you can make more money man you. bring this down to from a year for two. and a half years while you allow. yourself the milestones to two years you. make even more and more money you do a. year and 3/4 like you can cut this down.

if you grind when I was going through. debt. the balance in the debt yours is it it's. actually pretty similar mine was spread. throughout different things yours is. worse yours is worse yours is worse but. I sacrificed everything I gave myself. those milestones and that's when I. rewarded myself. I sacrificed. I worked. as much as I could to make as much money. as possible in my sales position. So, pretty similar there. You can get out of it. It takes.

sacrifice. It takes discipline. So, that's what you need to do from here. We'll help you hold your hand along the. way. But that's my diagnosis and that's. my prescription. You gave yourself. somehow I don't this blows my mind, but. it's okay. You gave yourself a score. three or four out of 10. Spending in a. budget, well, let's see. Uh, total income that came in. was $2,386. Total spending was $7,000.

Yeah. So, spending in a budget, 0 out of. 10. Debt, you have things in collection, 010, and your missing payments. Emergency fund, you have nothing, 0 out. of 10. Retirement, you have nothing 010. Real estate, you have nothing 0 out of. 10. Hammer financial score 0 out of 10. Make sure to check out all the resources. linked in the description below. They. are what I use or would use in specific. situations, including the best budgeting. program in the history of the internet. And now, make sure to stick around for. the post show today on the financial. audit post show. My morals and my ethics, I could not be. in your position. I'm good with selling. things, but I would only be able to sell.

things that I believe can actually help. the consumer. The way I see it, honestly, is I I do. believe that I'm helping people. I'm. doing more than just, you know, taking. advantage of somebody's grandmother or a. freshly graduated student. To watch the. financial audit post show, click the. join button below.