Ego-Maniac Thinks She’s Hot Sh*t | Financial Audit

hi I'm Madison I'm 24 years old from. Austin Texas and this is financial audit. so what do you do here for a living 24. years old in Austin I um work for a. fashion Lifestyle brand based out of. Austin and I'm a part of their. philanthropy team philanthropy team okay. what's your position in that so I'm a. philanthropy specialist um it's kind of. like corporate corporate CRS if you're. familiar um like Corporate social. responsibility I tell people I give away. my company's money um and that's that's. a small part of it I pay out our Phil. TRC Partners do a lot of in kind.

donations um help with like change. Roundup help with raising. funds must be nice to have a company. that can just spend money on that type. of position nice yeah okay so uh what do. we make in this job I make. 57,000 okay how do we feel living on. Austin and 57 I mean I think it's I'm. doing well I think I'm I'm pretty good. um I would obviously love more money I'd. love a raise sure but.

isue you know I don't know great. question I think that I think. that I have a little debt but it's fine. it's not that deep to me so which is. what everyone says when they come on the. show so why' you why' you come on the. show so you know I've seen your show and. kind of in the comments people don't not. every they want to they want a normal. good person in a financial situation. comments love the feed off each other. okay so I kind of feel like I'm probably.

you know one of the best that they've. you've had on the show so I'm you know. I'm here for that yeah I don't think I'm. in that much debt I'm kind of like oh. it's fine it's not that deep um what. everyone says I. swear okay YT you does it feel like it's. not that bad see and this is what normal. that the word normal drives me insane. because what people don't realize is you. go down the street and you just talk to.

a random person about their money a. normal person so what you find is what. you find on the show and I think you're. going to be included in that normal. person so you think you're just I mean I. think I'm I think I'm doing well so but. we'll I mean your income's okay you're. doing okay in your career well what are. you looking to get out of the. conversation then you know so I'm going. on a few trips in the future and I kind. of would love to like help with. budgeting for that maybe even my car you. have debt just I have some debt I have. some debt I have some student debt some. credit C Bill you've seen the show why.

the would you go on vacation if you have. death I mean money's fake like I I have. to travel I'm young you know you seen. the show and you say Mone F fine it's. like a word you yeah the it's. fine okay don't really know what to do. with that so I'm curious you okay you. seem like you think you're H. wonderful. great okay just hoping you're just is.

natural defenses on camera natural. defenses whatever you think you're hot. why the do you have all this debt we're. about to go through then you know you're. great question I yeah yeah I think I. think I'm pretty okay at being a host I. think from college I had some some money. that I had you know some credit cards. that I opened put some college expenses. on like rent and stuff you know living. Beer Money alcohol okay College college. things sure so then yeah like graduation. all of that stuff I had to put on a.

credit card so I think now I'm kind of. just paying it off but I don't think. it's that like crazy don't think it's. that deep but if you're doing so well. why would you have this much stuff is. this what people who are doing well have. I mean I think everyone has a little. little debt sure but it's about getting. out of the debt right um no I mean yeah. it is what would you give yourself I I. want to know zero being the absolute. worst finances ever 10 being the. absolute best finances ever where did. you give yourself on that score I think.

a seven you're is that too high for you. I. just okay we're a little you're a little. in the air and I think we need to bring. you down a little bit confidence is good. yeah like. confidence yeah you're right people have. normal people you think you're that. special person okay let me I guess okay. sorry I I don't want to be a maybe I'm.

being a dick but it's like a seven out. of. 10 you think you're above the average. person is what cuz the average would be. five okay well no what do you think. average is out of 10an I mean okay H. yeah a. seven if you want your Hammer Financial. score and you're not going to be dumb. about it it's free it's in the. description below sorry I me okay um I I. don't know when I see people with like. what seems to be a lot of pride a lot of. uh you just like oh I'm the best of the.

best I'm like oh this person okay great. great fantastic that's okay that's okay. okay let's go through your finances. let's see how it actually looks yeah. yeah let's do it Discover it everyone's. favorite little beginner credit card. okay on here a seven out of 10 what does. a seven out of 10 have balance of. $3,638 17 so what a seven would have H.

yeah that's great The $99 minimum Mony. payment yeah and $786. 66 of Interest AC crude wait how much $7. 8.66 okay you didn't know no how the do. you think you're good if you don't even. know what are you talking about there. he's kind of just there oh. my I'm going to reach across this. T okay let's related to your take home.

pay what came in Via payroll was. 3,400 uh. $45 so this is more than a month's take. home pay so what you have just sitting. here you put a little extra money. towards it a little what's your idea. behind putting a little extra towards it. like 30 extra dollars what what's your. what's your concept there what's the. what's the grand plan like what my. minimum payment would be is that you're. thinking like what I would you put $30.

extra towards it I mean like 50 bucks. 150 if I put $50 extra dollar you put no. you put you put $30 extra towards it. what's your plan there like what the the. interest what's your plan with this debt. you're you're this high and mighty. perfect debt person minimum payment no. you're putting a little extra towards it. so what's the you even know what you're. doing so what's the what's your idea. what's your concept what's your plan. what are you. doing there is no plan if you think. you're high great and you're a normal.

person make sure you apply Caleb. hammer.com apply if you want to be. here sorry sorry maybe I'm in a bad mood. but I don't know okay sorry go ahead. what's your plan pay it off pay my. credit card off I don't even know at. least you're Smiley about this are you. just are you happy smile I mean you just. thrilled them up what pay it off pay it. off how what's the strategy that you. were going in cuz you're this perfect. person you mean I mean I'm trying to do. I like side gigs so I feel like you know.

work exra side. gigs where the depth goes down when. you're paying it off what's your plan. cuz you put a little extra towards this. but really nothing else what was your. debt payoff. strategy then how are you this. Immaculate great question I I'll figure. it out I'll figure it out I'll figure it. out Smiles on that show I think people. know how to get under my skin and it's. just smiling at that well guess what. congratul s you have a cash back bonus.

of $12.70 even though. $80 charge and interest cuz you have a. 25.24% interest rate so that's. great yeah that's that's the sign of a. financially healthy individual see look. at this look at this graph this right. here we'll put it on screen for all you. folks this overall look at you see you. see this red right here that's the. cumulative interest that you'll be.

paying over time which is your minimum. monthly payments whereas going to. principal is the blue see how long it. takes to actually start making progress. in the principle with you just putting. this even just this little extra and. that's where I'm confused about your. plan it's just the low progress you're. making look how much more is going to. interest in this first period of time. you don't start putting more towards. principle until you're over halfway. through this. time. month 25 or so is when more more starts. going into principal than interest yeah.

so I need to pay more yeah start paying. some more well you were paying oh okay. I'll get to your strategy I'll get to. your strategy well my thought process. was if I pay more down on it I would pay. off the card sooner if I put more. payment more money into my monthly. actual logic yeah that's nice um yes and. that is true so is it just little by. little extra a little bit extra on all. the cards yeah whatever I have available.

I kind of just I there's no science in. my head I just I I just kind of say oh. the minimum payment's 100 I'm going to. pay one is that across the board against. all the debts. or it's all of them it's all of them I. kind of just say oh okay 175 why do you. even have this one specifically this. debt this Discover it where where did. this I think this was a college card. this was the beer this was the yeah and. then I had it paid off and then I opened. it again or I spent money on it I I.

think it was a shopping when did you pay. it. off maybe last year but but but you're. the above average person you racked up. yeah. $3,638 yeah with your income you could. make such progress where's all the money. going to right now my car payments my. car payments that's where my money I. feel like is going towards okay well I. guess you have a small medical bill why. haven't you paid the. $124 above average Finance I just I I.

forgot about it I'm not going to lie. because they first they mail it to you. and then I honestly I'm surprised I. still have it like I I thought I lost it. um and it's just one of those things I. just I genuinely just forget to pay it. like I could pay it I just genuinely. forget you are not. responsible yeah okay so you're. recognizing. that I mean I I yeah I mean I know that. that's not smart it's not the best idea.

to not pay a bill right right to not pay. a bill yeah it's not the best idea to. not pay a. bill. okay uh Federal. Union see this is another massive. balance you said 26 right that's how old. you are 24 24 wow I don't know man this. is a lot of credit card death to have a. 24 could be worse yeah it could all be. worse you could be shooting heroin under. a bridge that doesn't mean this is good. why do people have that concept why do.

people why why. what I swear there's so many people just. like yourself you just think because. there are literally worse versions out. there that it's just it's so nonchalant. it's okay it like who cares it doesn't. matter let's just put a little extra. towards it sprink a little. extra because it's worse someone else. has it worse that is not a. defense uh what am I doing with uh okay. what the.

okay you know this is a conversational. show this is where two people talk this. where we have a little conversation no. got it you got. okay I think I am better than most. people of my age though like 24 you. thought I was. 26 I forgot your age for a second yeah. like it you know I'm not 26 I'm 24 so. like you have and we haven't even gotten. all the way through it total debt of. $68,400. what is the average debt for someone 24.

years old in the United. States I mean I I also don't like live. under a bridge too you know I have a h I. live you think the average person 24. lives under a bridge struggle to get a. job talk corporate you know it's hard to. get a corporate job nowadays 24. approximately in terms of where it is at. a. mean people range from $45,000 to. $65,000 a debt you're worse than that. worse than that so you're not above.

you're above the average in terms of how. much debt you have what is 65,000 45 to. 65,000 65 being the peak of where people. are you're close to seven so yeah you're. above the average you're right above the. average of being so what are you talking. about what the are you talking about. only only byy a little only by a little. you're going to kill me you're going to. murder me I'm going. to I think a lot of it too is my student. debt which is like yeah which is what's. calculated in this take some oh because. the average of that with the student.

loans the average student loan debt for. borrower is $30 to. $40,000 yeah it doesn't make any sense. it just doesn't make any it's the. dumbest thing I've ever heard anyone. ever say and it kills me being aware of. current events or Trends in the world. can be overwhelming and with good reason. and a time of media bias or mistrust. it's tough to know what the truth is but. fear not because today's sponsor. Straight Arrow News is here for all of.

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journalism and focusing on serving you. the truth go to. s.com to check it out or click the link. in the description below thanks again to. straight hour news for sponsoring. today's. video you just take a what the are you. thirsty just need a little drink I know. but you have seriously you probably need. some water too you've been heated might. be good for you to like take a water. break okay shut the what is this what. are we doing right here what am I doing. you you came on to show what a normal.

person's like and you're just like that. you're just like that I I want to make. sure I I just want to extra extra extra. extra extra make sure because we're here. we're doing all. this are you taking this conversation. seriously yeah what do you hope to get. out of this obviously I would love to. pay my credit cards off that's the main. get rid of my credit card debt that's my.

you know pay it. off so I can have no debt you even have. a face that looks like it's about to. slap me when you say that my goodness. this is so interesting it's okay it's. okay it's okay it's okay uh so yeah this. Amco before we got derailed into all. that is. $648 and3 cents with the minimum Mony. payment this minimum payment wild $233. now this isn't a full statement could.

you bring up the app for me yes cuz. actually the last payment you made was. under your minimum phone oh it's not. over here yep get. it well I think it was under the minimum. what was does it say what I paid yeah. 200 minimum is 233 I might have. forgotten about it forgotten about what. the payment no Above This is through my. My Hometown Bank so the app okay the app. oh great I forget I just for I really do.

forget on autopay what are you talking. about they don't make significant money. I yeah well hold on now you have to go. through. a oh dude you are not a credit card. person you cannot utilize credit cards. you do not know how to if you really. want to if you really want to be that. above average person I need you to chop. up every credit card close the accounts. if you're going to use a card use the. Fizz card you can at least use it like a. credit card and it affects your credit. but you have to pay it off every month.

this is the app it Su so you still owe. some more money oh yeah yeah you're. paying under the minimum did I pay this. month's or last month's um under the. minimum that's this month so far right. so I mean you still probably uh I don't. know when the statement time ends due. date the first so you can still make the. rest but so far you're under for the. month you haven't paid your full this. month good to. know you didn't know that you're telling. me if you went home from here from this.

conversation of which you are the normal. good person you literally would have. missed the payment probably yes that's. 100% I would have missed it you better. be coming off the horse by now my. okay Care Credit oh great Care Credit. everyone's favorite Care Credit oh first. of all the Amco let's go back to that. for a second how'd that get all the way. up to nearly $7,000 okay I'm now that. I'm thinking I think I transferred it. from the Discover.

Card which isn't yeah so balance and. then you built your discover all the way. back up right M okay so you're obviously. not a credit card person how long have. you. had when did you do this transfer when. was the transfer. done maybe 2022 because I thought this. was yeah 2022 it's been over a year yeah. 2022 yeah that's two years I think well. I'm just so then on the Discover what. you said was incorrect you said that was.

all student things so what in what in. the last few years got it up to. $4,000 probably just shopping eating out. I think I is that what you do what are. devices I I really do think that's what. it is okay not your income you're. overspending dramatically I don't know I. can't pinpoint exactly what though other. than like concerts shopping things like. that things you lots of concerts lots of. shopping yeah. I'm trying to Thrift more now like to.

you know save some money instead of. buying you know new so you 3,445 hits a. your account on a monthly basis right. trying to stop sustainable right how. much do you think you spend on a monthly. basis trying to stop sustainable. probably not probably 50 bucks like. shopping on CL no no no spend it a month. SP oh spending it a month in total with. rent everything everything literally. everything going out. maybe two grand 1500 is so to be clear.

you think you bring in. 4,490 but you only spend, 1500 across the board everywhere maybe. maybe hold on oh no hold. on would be two grand two grand two. grand is is okay total was. 8,742 that I spent four times what you. thought you ever made a budget in your. life you ever but f of course not it's. kind of just I kind of just how many.

times am I going to have to say that. kill me now okay so obviously just like. anyone else who comes on the show we're. going to give you access to our. budgeting class it's the best you can. get you really need to go through it at. this point if you really want to get to. the place that you think you already are. dude you got you need to go through this. you need to learn how to actually manage. your own budget and go through. things if. for okay so this Care Credit we're. sitting at 1,647. I've almost paid it off though I feel.

like it's it was a lot was it it was. like 2600 2700 okay that was last' only. done that was last so over a year you've. done a thousand I think that's really. good though is it I felt like that was. an accomplishment I think I think your. biggest flaw to be completely honest is. you just again compare yourself to the. average person the average person's. comes the money I mean I like it really. doesn't your perception of that being. good is the fact that for you're right. the average person that actually might. be considered good. the average person just absolutely sucks.

with money like why why are we happy. about that how are we happy about being. better I'm happy that I just $1,000 off. sure but you make 57,000 there's 57 of. those $1,000 that you bring in on a. yearly basis gross not n but I mean I. still paid a th000 off this was for my. dog he was going to die no I and I've. I've talked I've talked about yes you. see. show so you've heard me talk about this.

I've talked about first of all get pet. insurance I have it now okay good don't. worry I I say yeah my dogs are my life. if something bad were to happen to them. and I literally had no money yes I would. go into debt for them but then because. the debt is bad I cut back on everything. don't have fun don't have paid for fun. and I pay off that credit card. immediately is what you do and then you. get a six-month emergency fund so the. next time something like that happens if. pet insurance doesn't cover it for.

whatever reason or at least to pay the. deductible I then pull from the. emergency fund instead of going into. debt do you have an emergency fund do. you have an emergency F how much is in. savings not investing yeah yeah that's. hilarious that's great yeah because. you're above average right great awesome. the average American Savings Account uh. the median American Savings Account is. $5,300 what about a 24 year old I'm. curious median savings account 3,240.

what' you say you were at again $4 yeah. that's so shut the up with this. comparing against other people you want. to start comparing against other people. great you're actually you're so far. remember your debt is higher your. savings is lower you're doing worse than. the average person so I I I don't want. this logic continuing to just drive your. life because you're actually in a worse. position maybe that's the cope that is. gotten you to the point where you're. like you're able to sleep at night and. all this is because you think you're. okay what you're not you are not okay.

this is a weight that's a risk that is. hard it holds a lot over your head it. makes it harder for you to go change. careers if you ever want to it makes it. harder to do. anything okay they Care Credit this was. for the dog mhm okay then you made. $1,000 towards it's not like we can't. celebrate that but the fact that you. think that is just like the most amazing. thing ever like need to bring you down. to the real world if you think that's if. so far so far. or at uh about $11,700 in debt.

so yeah $1,000 a year you're going to. take 12 years to pay off your debt yeah. that's great that's fantastic that's so. much. progress working on it one day at a time. I'm taking one day at a time yeah we are. for the debt we are welcome okay welcome. to life but your one day at a time is. going and blowing money we haven't. gotone to that party so okay and now we. have a basically 9% car debt if I've.

calculated this correctly it's not on. what you tell me for sure well that's. what we're calculating from your. interest that's agre well when did you. get this car loan a August of. 2023 so less than a year ago so it. actually might be a little higher. overall sorry I did not get you Care. Credit minimum monthly payment I think. it's $50 okay yeah that makes sense for. payment history. sometimes you put a little less and then.

sometimes a little more okay and then. the car what is this car I have a 2023. Rav. 4 that's what all the commercials are. it's a good car is that what you needed. for you what your life is I think my. well my thought process was is so I I. used to have a Buick Encore and I got. into a wreck so I had to get a car it. wasn't like I wasn't obviously I didn't. I wasn't ready to buy a car cuz I was. like I don't want to buy a car yet I. wanted to and the insurance to and the.

insurance yeah yeah is what I pay or. like I have insurance on it the. insurance cover oh well the remainder of. the Deb you had anything to roll over I. had so I had gap insurance so it covered. my car so I it just kind of paid it off. it was like clean slate so why is the. only car we're able to get then well it. was I wanted near 4,000 there it is of. course it wanted they're good cars. they're good cars. I'm not against them you're we already.

went into the credit card type of debt. you have you only paid $1,000 of. progress towards it why do you think. that someone in your position I want to. know your actual logic behind this why. do you think someone can get a $40,000. car in that how much did you put down. how much how much did you put down two. grand okay so $440,000 car my thought. process was I'm going to get a car I. want like a RAV four I wanted a RAV four. forever it's more important than you. need sure right and then I thought okay. might as well just I just just kind of.

stumbled into getting a new one and then. I thought it was 30,000 and then it end. up being like 30 38 how long been RAV. fours been being made do you know years. okay why not just get an older RAV four. cuz I just want wanted wanted do you. know what the want means it wasn't a. need you need to pay off the. debt but then I thought okay I could. just. make you even self admitted to towards. me uh at me towards the beginning. that.

it's this is what's eating all your. money right it is the payment is high. and also how do you think you only spend. $1,400 a month if this plus rent is. basically $1,400 right you're right I. did my math wrong math is wrong math was. wrong mental math is not my. strongest what's the insurance payment. on this thing 193 190 I I don't know how. to get that lower I've tried I'm. shopping the market it's not it's not. that that's an aggressively thing. aggressively massive thing both that I. that's. aggressive that plus the Texas is kind.

of expensive for car insurance but I. mean it's. 83203 a month right but then my for Car. Plus depreciation plus maintenance plus. gas your transportation bill is insane. for your income it probably takes almost. a third of your take-home pay literally. goes to the vehicle you drive to and. from work A to B who the cares you. should have got a $110,000 car a $10,000. car that you did not care that much. about that would have gotten you a Tob.

to be safe that you got a mechanic. approv would have last a few years. minimum that you wouldn't have to put. much money into and then you pay off all. this debt and then that car debt and. then save up a down payment for another. car and have a fully funded emergency I. to catch up on retirement and then. that's when you are allowed to go get. the dream. car this was way beyond your position of. being able to afford it Way Beyond your. position of being able to afford it. my thought process too when I was.

getting the car was my rent in Austin is. on the cheaper side so I thought okay. since my rent is a little cheaper I. could afford the car I want that was. kind of like my my thought when I was. looking for a car yes absolutely so why. again are your wants more important than. your needs you keep bringing up. want I just I wanted it yes I know. that's oh my can you answer a question. sorry I just that irritates me why are. the wants in your life more important.

than your. needs does this debt does I mean obvious. so this debt doesn't feel like anything. to you those credit that credit card. must not it's there no it it's it's. there it's there then then but why was. this want why did it bring more emotion. in a positive way that. completely overtook the negativity of. the debt my thought process is just pay. it off just get it you're not I mean. you're just how long. how long is the loan the longest that.

you can do it I'm pretty sure 84 months. or whatever yeah or 72 right is that. another one 72. months it was used when you got it right. yeah but it had maybe 9,000 miles on it. they used it for like Transportation. yeah the median used car pain in the. United States is. $532 so congratulations and once again. you are above that oh yeah oh yeah. average loan amount for a car is about. 40,000 oh well. sorry no $ 26,6 185 for a used car so.

what are you above again oh another. thing so you're either doing worse than. everyone or you're falling behind. everyone at the same time every single. statistic we look at I'm I'm so glad you. said that thing at the beginning where. you thought like you're doing you're. normal you're doing better than everyone. else because it's allowed me to just. pull out this information this important. information and I hope it's bringing you. down to Humble land because you are not. even comparable dude you're in a really. bad position and if I can't actually get.

you to know that by the end of this. conversation it's like what are you. actually going to do why are you ever. going to take any time or effort to fix. your life you know if you just think. you're doing so good so well again. here's the same chart for your car. payment I mean just look how much is. going to interest and eventually. principal you know starts taking over. but just takes forever dude yeah takes. forever and then the student loans. so you went to school yes where'd you go.

to school Texas A&M University what did. you go to school for marketing you. graduated I did in May of. 2021. cool your highest rate here is 5% this. isn't the craziest thing in the. world the lowest rate is 2.75 most of. them are sitting around 4.5 a little. higher than I would like but it's. okayish for student loans and again you. are getting an actual return on. investment with your um degree here so. I'm not this isn't like something that. I'm absolutely appalled with um what's.

your minimum monthy payment here for. student. loans I haven't paid really any of it I. think I've kind of just paid 30 bucks on. maybe 60 bucks on two of them are you. like in a deferment thing are you g like. I don't I don't think so I just kind of. just haven't paid them how are you just. they're just on the back burner I but. how are you just not paying them you're. not are you paying your minimum mm this. is what the are you talking about but I. don't is interest isn't what isn't it. doesn't it not affect your credit until.

like October of this year I swear I saw. that so you're doing that thing right. you're actually taking advantage of that. I can't believe anyone's actually taking. advantage of it's a thing you're right. I'm still getting interest on them yes. the interest is acre but it's not going. you're not getting negatively punished. on your credit or having anyone come. after. you yet because yes in uh Biden's. announcement when student loans are. resuming there was a grace period of a. year right of not getting punished. doesn't mean so you're like are you.

serious I didn't know anyone actually. did that cuz that's the stupidest choice. anyone could ever make that's well it's. not the stupidest choice but it's a. pretty stupid choice I am doing that I'm. looking at someone who actually decided. to do that that is blowing my mind I. didn't think anyone would choose to do. that when I heard that I was. like a dumb G to do this and I've met. that yeah hi that's me finding the right. resources to improve your life is hard. so I've partnered with a variety of. companies to create a list for for you. in the resources section of the. description below you can have the best.

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bonuses possible often times these are. low price free or you actually get money. for signing up so check them out in the. description below they are resources. that I personally use or would use in. specific situations and you're typically. you're on the standard 10e repayment. plan oh probably normally just like the. default yeah oh yeah you've never. applied for anything extra no I think I. put my salary is I yeah I looked into it. but I it kind of is confusing so I kind. of just I was hoping well I I put my. what I make my salary to try to get.

income based repayments yes and I. basically making $60,000 I wonder what. your income base repayment would be. though are you paying your minimum for. that but you're not even paying your. minimum I'm not paying anything pay no. money maybe $60 total my thought would. be about 250 bucks if you're on standard. for minimum oh that's fat yeah but it's. basically your am oo loan and you're a. third of your Rav 4 loan so I mean $250. and you sign up for that candy so I. don't know what you're talking about but.

whatever okay so you don't know your. minimum so I don't know what to put for. a minimum can you log in and see your. minimum you have moila on your phone MOA. MOA moila I feel like it's I just got an. email from them actually no I wonder. what that say they wanted my money oh I. bet that's. interesting like it's almost like you. borrow it just says my current due is. $50 oh total due. $100 here let me log in if I can find. the info oh what is your.

life what it's really on the back burner. I'm glad you went to college I'm grad. you glad you graduated it just show that. you have some kind of discipline. hopefully that puts this it's a. different kind of set of discipline than. actually having a sacrifice. finances say $50 maybe I didn't put my I. thought education okay so you're in the. save plan are you or income driven. repayment Account Adjustment I feel like. they need to update the website kind. conf using it's it's not but your. minimum is 50 so yes you are.

on I are you on IDR save um either way. it's. $49.97 and you are past due because. you're right I mean that's. insane that's insane you get a nearly. $700 car payment when you aren't paying. your minimum $50 that you borrowed for. school give me your logic there dude. give me your logic I think I think I was. hoping that you know Daddy Biden would. excuse it so it's kind of still hoping.

that it I'm hoping that it just. eventually gets what do you mean it got. blocked by the Supreme Court how do you. think that's going to happen then I. think you going to overrule the Supreme. Court super supreme court I I'm hoping. I'm praying they don't exist I'm praying. for that I went to school on the pale. Grant so I was going to be like debt. free if it got passed oh yeah but then. it didn't get. passed there was no passing of anything. well it didn't get approved I don't know. no it got blocked got blocked they said. no they said no right and now it's time.

for you to say yes I will pay my debt. like an adult yeah why why do you think. you you why don't you think you're. responsible for this for paying I'm not. saying I'm not responsible for put. respons I'm kind of hoping yeah I'm just. kind of hoping that it goes maybe I get. married going my husband pays for it I. don't know also is that a or are you. just I'm just hoping wishing maybe I'll. marry Rich that's also my thought. process e just gross it's just it's just. kind of dumb like what the debt the. college debt like I think it will just. eventually how' you get through college.

honestly great question great question I. have a business I have a business degree. I ask myself that all the time that's. cuz you got the E I literally got like a. D in finance oh my gosh barely pass. accounting. surprised man I'd say you need to go. back to school but I don't want you to. go into more. debt [ __ ] if only I could if only my. boys over at course careers had a. certification. for not being a dumb finances so is that. it is that the end of your loans your.

end of your deaths I think that yeah. that's all of it okay well now we can. get into your spending. statement oh no what is this oh this is. the am okay the am code we already had. that yeah okay but this is the checking. conversion wait a second that's the this. is a credit card is this a different. debt on here on the checking account is. that a different debt oh is it like. $100 it's like a personal loan you have. a personal and you almost just told me. you're done with your debt. person what's the balance of the. personal 183 is that I paid I paid some.

of that it's updated it's like 180 185. this is 18 183 183 I check why you. taking okay why are you taking. microloans from your bank again I this I. took this out a really long time ago so. I I for what I I don't know come on no. for what no I cannot even put yourself. back there and just maybe I owe 184 let. me I don't even know when I opened this. let me July of 2022 a lot of stuff.

happened in 2022 for me I don't know. what I was I can't exactly pinpoint what. I was. doing yeah and it was a. $1,500 what is your credit. score well on my little Bank website it. says. 545 I think I just missed a payment like. within the past few days oh. my I think that I think I think this but. if I look at Discover. the you know they like vary for their.

credit score it was fair it was fair. Fair's not good it was good at one point. now. Mak you actually like take word that it. says next to it and you that's how you. associate oh my gosh I'm GNA die that's. crazy that's crazy I think I I think um. um it's like know where it is I'm I'm. just trying to figure you out here cuz. you said you've said Wild Things without. you thinking without you even knowing. that you've said wild.

things. because I I at first I thought maybe it. was just hubris just you just think. you're on the top of the world but I. think it's just actual ignorance I just. don't think you know anything about. finances and that's. okay but it's usually better to admit it. instead of pretending like you know. everything I mean yeah I'm admitting it. now that this is probably not the best. it's not it's not good to have all of. this Deb. but at the same time I don't I don't.

know what to do about it I don't know. what to do with you that's because. that's you're ven out $27 your ventom. went out $150 you went to a clothing. store and spent. $192 mac and cheese restaurant. Amazon another restaurant Red River Cafe. Red River Cafe going inside a store. getting some bullsh quick little stoping. get a snack get a drink Amazon $149 on. Amazon kill me now baked goods awesome V.

now $125 39 what are you venmoing out. constantly what are you doing I think. it's a lot of like I have a lot of. friends getting married so it's about a. lot of bachelorette trips what a lot of. airbnbs for weddings yeah what am I. supposed to do not go to the wedding not. go to The Bachelor it gets really. complicated my best friend sorry andn. cookie. yeah I going the center and getting some.

sxs who' you see oh Tyler. chis okay I didn't pay for those tickets. getting an apple bill or subscription oh. that's for like um the gigabytes what's. Hall Arts. Tower Hall Arts Tower spend 20 bucks I. spend there 20 20 bucks I don't even. know what that is Hall Arts Tower we. couldn't figure it out. either SP Society raisin canes Amazon. White Rhino again Amazon was 150 bucks.

yeah I return a lot of the Amazon okay. there's Hall out Tower Hall out Tower. again another 20 bucks PayPal and out. $175 ven out 11 bucks ven out 40 bucks. ven out $12 this is insane it's just. every second of your life the tumble the. chicken restaurant ven out $12 ven out. $20 twin liers glugging it down oh Zing. out $400 what are you zelling up $400. for is that more wedding wait what was. that for you Z I don't know what it's. for oh oh oh that was from my mom but.

she sent it back she sent it back it. should be on there okay or no no that. was for my brother that was for my. brother he send it back back why why did. you give it to them and they had to send. it back what doing they're broke they. need a 400 you're broke it's not. disgusting having Caring Heart but. you're ruining your life you're yourself. you're getting some clothing you're. spending two. $25.95 C at Amazon another 70 or $778 at. Amazon Ving out $68 vening out. $92 going to Bar Partners the lucky Deck.

Restaurant twostep of Music Festival $37. $14. $32 $16 Red River Cafe venom out $125. vening out $38 you're vwing out like. it's a river of just money flowing from. your account Lululemon you cannot afford. Lululemon go to like faat l or something. what are you doing you have credit card. debt in a car you can't.

afford you literally just said you. missed a payment Dutch Bros. Amazon go inside a gas station getting. some b delg a bakery Amazon Amazon. Amazon sips and sweets another. Cafe Sweet Treats everyone on the show. lot of sweet. Mickey oh wine and cheese shop whoa. coffee shop Amazon mosquite.

Creek which I think is a local clothing. store and then we went inside the store. got some bu went out 70 bucks ven out $3. ven out. $47 PayPal out. $5 going inside get into. bull Amazon Dutch Bros I I was I was. insane addicted what adct you're. addicted to everything your this. spending is wild I'm glad wasn't going. on credit cards I will give you that so. I can give you something but this is.

insane spending V out $71 PayPal out $10. and then pool Burger cuz great let's get. a pool burger and then personal loans. say 13% interest rate of stupidity of. death of dumb the one good thing and. it's because of the employer match is. your 401k you contributed 8,000 but. you're up to 14,000 that is okay but you. have nothing in savings which is an. absolute scary disaster cuz it means. something happens you're either going in. that or you're pulling from your text. Advantage 401K pull up your Amazon.

account I want to see what the you were. buying okay I share it with my family so. I'll tell you what's what's mine can you. screen record yeah I doubt you got a. men's hoodie well I did that's mine it. was $20 it was $20 you don't have you. don't you missed the payment shut the. $20 the you talking about I've been. wanting it for a while this plugs into. something I don't know what this is. looks like a microphone or a vibrator I. can't tell is it the I'm trying to you. know I'm trying to like you know make.

some like user generated content stuff. to like get some money that's my thought. process if I buy that some fluffy I. think I'll return it oh I'm going to. return those that was for a derby party. got a 64 gig extreme Pro sandis yeah I. got a camcorder camera a banana T baby. shower gift oh my gosh you also refund. so much you get so much and you refund. so much and this is crazy use it once. return it. uh wow. interesting phone things so many things. for your phone squatty. potties rug thing lots of shirts so many.

shirts. and sunglasses and just so much [ __ ]. so much. bull this is crazy look at this guys. that were just scrolling on screen just. look at all this this is we not even a. few weeks ago and we're ordering all. this just absolute reminder you miss the. payment you animal we're not getting. this sh. no other producer thinks you're a dad. for getting a.

camcorder there was something else I. wanted to look up what what else were we. talking about talking about Amazon uh we. go through my venos venmo that's what I. wanted yeah okay here's my venmo. transactions those people owe me. money I hate how every time you go back. it has to reload the whole thing batch. food was going to be impossible to. scroll through venmo is poorly made this. is so. bad coffee yeah your Venom and your.

friends for coffee Venom and your. friends for bullsh hundred dollars you. gave her some ticket money so I don't. know what the talking about bachor at. party transfer money into your venmo no. no no I was transferring out 17 bucks. for flowers and sandwiches again I see. nothing bachelor party related you're. just getting even more fooder in there. well. I uh Lyn. drinks 45 bucks yeah Len Asian that was.

an expensive one yeah it was 45 bucks. you're just going out to eat every. second of your we only a few days ago. this is crazy brunch 16 bucks girl you. just got to stop eating you just got to. stop going out it's ridiculous $87 for. yeeha great $93 for our Kansas that's. that's a that's an Airbnb a wedding a. $43 for Friday happy hour oh yeah that.

was at. danata a.50 that's I'm skipping so many. hot girl hot girl summer hot girl summer. that was for dinner okay I'm not going. to go through all these because venmo is. terribly terrible and it's just oh that. platform's so bad but you're just going. out to eat every second of your life on. your own statements and Venom people. it's absolutely insane so don't say the. vast majority of that was for bachelor. art parties how much you have to spend. on these B how many do you have three. four yeah three and how much do you have.

to spend well one I haven't bought a. dress for yet so but the the like the. stay is free so two maybe like $200 for. a dress you're missing payments and then. the other ones I'm just paying for like. The Bachelorette. trips so and you haven't yet no how much. will that be I for sake what do you. think well I'm going okay so I'm going. to Vegas for one of them but I that I. think I haven't booked the flight so. we'll I was going to figure that out how.

you don't have money you're missing. payments what are you. doing and then you said you're traveling. somewhere yeah I'm going to Europe in in. August what that makes no sense Europe. going to see Taylor. Swift so it's like where in London oh my. friends are going to the Edinboro. concert yeah you can only see Taylor. once International you know got to live. it up I hope to never see her. International orever. that's insane that's insane reminder you.

have a $700 car payment essentially yeah. plus Insurance you're going to Europe. you're missing payments you're going to. Europe the concert's expensive then you. got a fly there which is going to be. what like 800. bucks 800 you know just as much progress. as we were so proud about on cred you. were thrilled that you made $1,000 in. progress on a credit card and you're. going to spend $800 on a flight you got. to eat and then you got to stay. somewhere I like we already paid for the.

concert though so that's kind of like. free the cheapest part the cheapest part. that's not free you're so it's in my. head you're going to kill me you're. going to ruin my entire existence shut. the up y all got to use my favorite high. yield savings account where you can get. up to 4.6% on your money plus FDIC. Insurance up to $2 million you can also. get up to $300 for signing up today it's. the personal high yield savings account. that I use for my money so don't let. your money money be losing money while. it's just sitting there click in the. link in the description below and get.

those bonuses literally net that went to. debt was $524 or 6% of your spending 6%. of your spending went to your actual. future housing 10.1% or $889. Transportation. $1,652 or. 8.8% necessary food are you kidding me. groceries are you absolutely kidding me. it was 2% we're going out to eat was. 2.4% which is actually a lot higher. because most those through venmo unknown. shopping which I think is what includes.

the venmo was 8.6% of your spending or. $754 56 medical or Healthcare what the. happened here. 21.4% or. 1,879 what happened I do not know how do. you not know I don't medical or. healthare yeah that is what I said I. think the only thing I paid for would be. like going to the doctor a c you your ey. my eye 1,725 went to an eye doctor oh. wait how do you forget contct no wait.

what was that a year supply of contacts. or something wait no not. $1,000 1,725 no it's like 800 bucks and. I put on a credit card what credit card. Discover I don't know the. 17 two charges oh two charges yeah. doubled up my glasses were like a $200. Warby Parker I think maybe three I put. those on girl you spent 1,725 oh Harbor. Health 35 yeah yeah Harbor heal 35 JY. 119 yeah JY yeah that sounds right okay.

mellan Bull stoping and getting the. bullsh uh. $497 41 or 5.7% of your spending 25%. went to other large purchases or. $2,193. 59 so the large purchases were yeah Ben. we out a, uh 131 and that so that wasn't. even the unknown shopping that was. probably that's that was Amazon was the. unknown shopping so the other large.

purchases a lot of your eating out was. going there so you probably spent closer. to like 15 to 20% eating out absolutely. insane Petco 194 PayPal and out 46. what's the PayPal don't say this is. Bachelor because I know I paid that out. yes I okay you you read that I paid the. 400 per I PayPal someone $400 and then I. got it back in zel oh but then you. zelled out 450 and you got it back right. yeah but I don't know what that PayPal. would be.

then I did not expect this conversation. to driving this say it. is oh. Amo yeah yeah look here you go 887 there. and 837 there oh this okay I paid rent. 8.87 i p my rent is 887 when we were. Googling it up we found my doctor place. no no no that 887 is my rent and then I. accidentally like didn't turn off the. auto pay okay so that's why there's.

837 okay so may I did I only paid $50. your spending percentages are absolutely. insane. stupid okay so 8.87 is that your rent. then mhm okay let's put that down for. your rents to build your budget how do. you feel the rent place being when you. went to Texas it's hard I mean it's at. this point it's kind of I just have to. get over it when your minimum monthly. payment are. $1,071 ridiculous it's a third of your.

take home crazy. utilities say like 150 they kind of. range based on internet that's all. included in our utilities gas vroom. vroom drive. drive 40 bucks you don't do you no no. no depends if I'm driv for you yeah if. I'm just driving to work that month 140. oh you almost said 40 are you absolutely. kidding me d r 4 car insurance 190 193.

Jim what was the gym 1119 and do you go. to the doctor every month doctor you you. had that Health pay it was $35 did you. go there every time I only go to yeah. that's my co- pay $35 you go once a. month no how I go when I I need to go. back for like my I just got a new doctor. so like I go like once a year so 119 in. Medical Healthcare gym one once a year. $35 okay okay. rental insurance do what rental.

insurance no I don't have that you need. it probably it would be a good idea it's. technically legal for to not have it but. get it pen. insurance that comes out of my paycheck. so or out of my really yeah I do it my. work so I don't really know what I even. take subscriptions groceries $300 use a. meal planning thing in our budgeting. class or create your own $300 you can. easily do it total paper TP fund this is. anything else you need to survive. anything else and you're going to nail. it down again when you make your own.

budget practice it monthly it's going to. be 100 bucks phone um zero I'm still my. parents for that that's great when you. get your own do helium because it's 20. bucks a month and that's so much easier. good can you go to a less expensive gym. or your apartment gym I want to I don't. have an apartment gym I live in a house. okay can you go to a Le expensive gy I. think I'm going to cancel it until. you're out of okay are can can you yeah. how much is Planet Fitness I'm not going. to Planet Fitness how much is uh I'm not. going to any no one just give me a. decent gym price no give me just a.

decent gym price that's not plan of. fitness and Austin 40 okay 40 bucks for. gym everyone here except for me goes to. gym everyone's Gym's expensive that's. just 40 bucks that's so that's already. so much better though than what you're. doing I think someone in the notes is. trying to convince you to get a walking. pad oh I would love one of those I. obviously can't afford it though okay. total expenses $2,000 881 good news. that's if you live on your needs. reminder you spent way more than you.

brought in uh. $3,445 is what comes in you actually. have a chance to get out of debt and. actually be an above average person if. you put in the work do I have confidence. from this conversation not necessarily. but let's pretend like I do so easy. first. month um do you have any family or. anything here no okay I want you to have. some kind of emergency fund first month. pay off the personal loans set. everything else aside okay uh and the. quest and then set everything else aside.

second month put everything else aside. third month honestly probably put. everything else like the monthly. payments or do you yeah minim monthly. payments always that's included in your. budget that I already made uh so that's. going to give you about $1,200 and. savings after three months you're. putting everything aside but you've also. taken care of the personal one Quest. okay we're starting month number four. with like 1,200 bucks in emergency. savings which will won't even get you. through a month but it'll help you if. something bad were to happen but I just. can't have you sit not paying on this.

debt forever you pay off in three months. Care Credit so now we're heading into. month number. seven what do we tackle that the r four. can we get a value on the rap for we. need the VIN that's right always get the. VIN you did oh he asked for it I just. completed I don't know what the you're. plan on doing with your student loans I. would I don't know they. I had to get on a traditional payment. plan again because when you're not.

public stud for this obviously won't. work for you yeah I don't work for I. don't want to be a teacher so I've. looked into how to get you sell the. car no why I like it. okay there it is guys I tried I. literally did try I think too I don't. know what I did try I mean going to be a. big part of it that's by far your. biggest debt but I tried can I refinance. it that that does nothing about the. balance you're interest rates not. absolutely insane for where rates are. today it's a bad rate but that's not.

that's that's that's I mean that that. that was going to be a big part of it. you have an option to get out of debt I. think in a couple years and have a fully. funed emergency one start contributing. more to retirement start adding things. like brokerages like Mumu do all these. exciting things that would have been. great in your life but not even willing. to sell the car immediately shut down. what's immediately going to be the. biggest part of this conversation now. you're going to spend years and years in. debt I don't think you're going to. change your habits I tried I wanted to. create a budget I wanted to do something. that that that nope nope we're going to.

I'm going to end it here we're going to. go into the post show I'm going to take. a moment I'm going to walk into the. other room I'm going to cool down. they're going to get get set up and then. we'll come here and hopefully we'll have. a good time hopefully you stop being a. dumb and that'll be that hammer. Financial score per U make sure to check. out all the resources Linked In the. description below they are what I use or. would use uh in specific situations. including the best budging program the. history of the internet stick around for. the Post show today on the financial a. post show 24 like I might as well go to. Europe while I'm young what if I have.

kids like I can't be going to Europe. don't then if you don't want to I'm I'm. trying to go to Europe now in my most. clear thing you guys funding the show. right now you are I love you and I love. you so much and that is why I am doing. this but you have no idea how much I. want to walk away to watch the financial. audit post show click the join button. below.