Financial Audit’s Biggest Gold Digger

Financially we are. No, I don't think. financially we're if it's so easy then. why are we here? I guess we're near the. breaking point. I guess what we're not. we are at the breaking point. It's so. fixable though. Bull. You have $100 in. your checking account. But you're still. buying stuff that we do not need. constantly. Who wouldn't want more of. their money to spend or to control in. the way that they want it? You are not. seeing the alarm sound like he is. Yes. I don't know about that. Download my budgeting app today and take. control of your money once and for all.

And for a limited time only, sign up for. the annual version of Premium and get my. cookbook and notebook signed and mailed. directly to you. Link in the description. and pin comment below. Hi, I'm L. I'm 31. And I'm Paul and I'm. 38. And we're from San Antonio. And this. is Financial Audit. Thanks for coming up. from San Antonio, guys. I really. appreciate it. L, you're in front of me. Let's start with you. What do you do for. a living? Um, I'm a student. Uh, I just. barely graduated from UTSA. Barely?

Yeah. Well, December as in Okay, so. you're not that you almost failed, but. that Oh, no. Sorry. No, no, no. I. recently graduated. What did you. graduate with? I have a bachelor of. biology. Very good. What are we going to. do? December. So, it's been a second. It's been about 5 months. Yes. So, I. want to become a physician assistant. Um, so I'm applying over the summer to. physician assistant programs, but I'm. currently expensive. Currently a. master's student, but it starts in June. for another program. I got accepted. separate. Yeah, I'm doing um Okay, so.

it's really competitive physician. assistant. Only like 13% of the people. get accepted and so I thought to be more. competitive I would get a second. master's degree. A second master's. degree. You have another master's. degree. Well, no, I'm I just got. accepted into uh HSC which is based out. of Fort Worth, Texas and it's a masters. of lifestyle sciences and health. coaching. Okay, why not just pick up a. lot of hours at hospitals and different. things, doing a lot of things. Someone I. know I knew that was going into.

physician assistant school, just work. just grinding at hospitals, is working. nights, all these things, picking up. those hours, and that was really helping. her application to get in. Uh, I did. consider endless school. Well, not. endless, but I actually have a lot of. experience in the medical field. I've. been in it since I was 16, and I was in. the Navy for six years, and I was a. hospital coordinator. So, was undergrad. paid for? Yes, totally paid for. So, there's no student loans even though I. have a massive fat stack of debt. So, the fact that it's not student loans is.

extra worrying. What do you do, Paul? Uh, I am in the Navy. Uh, about to. retire. Oh, really? Y very good. What. does income look like right now? Well, he makes 3600 twice a month and I make. 4750. So, together we bring in around 11. or 12,000. How are you making money? Oh, I'm a VA disability with dependence. We. have two kids, right? Okay. 4,700 twice. a month. No, I make 4,700 once a month. and he makes 3,600 twice a month and it.

equals between 11 and 12. Are you going. to get disability, too? Oh, yes, I will. There is not a single veteran that has. come on the show that does not just get. endless money for the rest of their life. with disability. It breaks your body. It. really does. I'm old. I've done a lot. I'm a police officer for the Navy, so. I've done a lot of hardworking stuff. throughout the throughout the time, uh, which I'm just I got issues all around. Um, but even people that just served for. like three years and they just sat on a. base, they get it. Like there has not. been one single person on this entire. show that doesn't get thousands of. dollars for the rest of their life. I.

think it's like 5% of our budget now. It's something crazy. This is. disabilities forever. Well, they serve. their country and they probably have. earned it. It's disability. Yeah, I get. that. But there's things that when you. serve your country and you break your. body or you can't I totally agree. I'm. saying every single person that has ever. been on this show who has literally just. sat at a base and did nothing. And I. also I know a lot of them. Yes. They. will be able to claim some stuff. Yes. I'm not saying if you go get hurt or.

anything like I think that's why it's. there, right? Yes. Right. That's what. it's intended for. That's what it's. intended for. But. Okay. So, we're making 11,900 right now. Okay. What are you going to be making in. retirement? Um about Yeah, a little bit. No, a little bit less than that cuz I'm. going to have my retirement pay uh for. after, you know, 21 years. I'll have. also the disability. We don't know what. that's going to look like. The goal. obviously in the the prayer is the 100%. disability. Um that will bring in the. same amount as her. Uh and then the.

retirement will be a good chunk. So. we're looking at about similar to what. we make now. Yeah. 6,000 in probably a. year. I'm sorry, a month. A month. Okay. So, and that's just just by retirement. purposes. So when when does that come. in? So, we'll go from 11,900 to 10,700. When does that uh 290 days I retire? Uh, so February. Yeah. Oh, okay. Okay. Very. cool. Very cool. So, we have a little. bit of time with a little higher income. Yep. Uh, okay. Okay. So, what's going. on? Cuz this is an incredibly strong.

income. Incredibly strong income. And. you just get to go to school and have. this income. So, incredibly strong. income. Uh, why are we struggling so much? What. the possible is happening? What is going. on here? I feel like I have two halfway. reasonable people in front of me. That's. what's going on. Um, well, I think we. just have some bad spending habits and I. think I think the mentality that partly.

got us here has just been like if we can. afford the payment, we can take on the. debt. Like when it comes to cars or So, is this getting minimum payments. forever? Yeah, we do. I literally have a. spending category called miscellaneous. [ __ ] It's things that just do not. improve life. It's just random swipes. It is nothing. It's not fast food, but. it could be a video game. It could be. whatever. I don't know. I haven't gone. through. I go through and blind with the. audience. But this is the pre-work that. uh my team has done. That was. $4,137 within a month. Just.

miscellaneous [ __ ] That is not. going out to eat, by the way, which. there is an. additional lot of money which we'll go. into for that. And then other things we. we prioritize fun. Yeah, we do. We have. two children. They're young. So, you. know, creating memories. We are creating. memories, but they're costing us. What. are the ages of the kids? Seven and. eight. We have a daughter who's eight. and a son who's seven. Now, let me ask. you this. We've talked about the. military disability, right? And I'm not. saying it's something that shouldn't. exist for obviously people that need it.

and have earned it, but of course we. know there there is probably abuse as. well. Uh which has certainly been shown. on this show. However, that being said, do we think we probably feel if I'm. adding all this up minimum $67,000 on. bull? Do we think we probably feel like. we can just go do that on a monthly. basis cuz you know this is going to come. in no matter what you do in your life, no matter what. You can go do anything. You can go fail out of college. You can. do whatever and you will get this money. And because of this social safety net,

because of this thing that is just there. for you no matter what, we're just like, "Oh, let's just go blow all of our money. because it's basically a retirement. forever. You never have to think. You. can just around." And we have uh we've. actually we've come out of debt twice. Um really? Yes. This video is sponsored. by Aura. And before you skip, you might. want to see the crazy stuff that I just. found out. Want to see something crazy? I just Googled you. Is this your. address?

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to come out of debt over the last 10. years. We've been married for 10 years. 10 years. Um so over that that time. frame, we've come out of debt twice, paid off everything. Uh you know, once. with children, once without children. What was payoff? Tell me tell me how. that looked. Um we were completely. debtree. All of our cars were paid for. We didn't own a mortgage. We were. renting at the time and we had no credit. cards. That was the first time. Okay. And we did it through Dave Ramsey. The. snowball effect kind of sound. How are. we possibly in this position? Well, then.

we and then we had kids. We racked up a. lot more debt. We went through again uh. and got debtree. And then the big. problem is that who was the debtree in. that situation? How did we get debtree. then? The second time we're not actually. debtree. We did a debt consolidation. through our home equity. Okay. So, debtree without the the cars and the and. the mortgage. But it was a debtree move. It was it was a it was moving the debt. somewhere was nice. Did we close the. cards and everything after that? Meaning. we moved the debt somewhere and then we.

built up the debt again. Right. That's. exactly. When did we do that? That was. in 2023. So like two years ago. Yeah. Okay. So we've accumulated this. just a couple years. Yeah. Okay. And. it's just through the experiences and I. mean they are in the experience ages. A. lot of people are like when they come on. the show they're like I'm doing it for. the experience but their kids like 2. three four and they're like okay you. they're not even forming core memories. You actually are seven and eight. So I. kind of understand that. But I mean.

making a super strong income. I mean. let's be honest. Is that 11,900 what's. hitting after taxes everything? Is that. what's kind of settling in our account? That's I mean that's incredible. With. that, we're talking $142,800 a year. after taxes. You can live an incredible. life in San Antonio, cheapest major city. in Texas. You can live an incredible. life on that. What kind of Why are we. living a $250,000 lifestyle on that? Cuz. you can still do great experiences on. them. You got a great zoo, you got. SeaWorld there, you got a lot of things.

Then you got major metros. You can go. everywhere. We don't need to be I don't. know what you guys are doing, but what. like why aren't we living what could be. an incredible life off of this? And then. just cabinet that cuz if you budget. $142,000 net, you can still live I mean. double the median household income for. San Antonio if I had to guess. Just. about maybe 33% higher. But even still. like that's still great. So what are we. doing? Well, one of our major expenses. is our kids are in um sports and. activities. That's how much gymnastics. My.

daughter's a gymnast. She it c well she. does four different lessons a week. She. has two group classes, two private. lessons. Jeez. Okay. How much is that? So, 232 for the two group lessons and. then a week or month. A month. Well, you. can budget. You can afford that. That's. simple. Easy. But then it's all the. other stuff that my wife likes to buy. the the at home. She has an at home. gymnastics gym in our But that's one. time, right? Well, yeah, it just cost a. lot. How much How much does that cost? Keep building. It keeps building. Well, I'm I'm done now. I think I've put all.

the things in there that need to be in. there. How much does it cost from zero. to now? Well, each mat is a $100 and. she's got about seven and then she has. two bars, two beams, gunous thousand. Honestly, a couple. thousand you can afford it over the. course of a year or so. Like that's. totally No, this was all within like 6. months. 6 months you can afford a couple. thousand. That again, you really can. I. I don't know what your life is. I mean, it's a lot. Uh your mortgage for taxes.

Isn't that crazy? I don't know how you. guys are [ __ ] this up. Yeah, this is. going to be like a science experiment to. figure this one out cuz mortgage we're. sitting at 213. Yeah. Yeah. That is not. bad for this world. That is actually. below the median purchase price for a. home in the United States. You guys make. again if we're thinking pre-tax well. above you're double the median household. income in the United States. How are. weing this up? It is not a $2,000 thing. over the course of six months. But what. it could be are multiple $2,000 things.

over the course of six months. Stack. stack. Stack stack. back forever. Yes. Well, I also think like um once you. start Well, you know this cuz you're a. financial expert, but you Well, I mean, I just got out of debt, but I mean, congratulations to you. No, I'm I'm. saying I'm not a licensed financial. expert. I am someone who got out of. really bad debt, accumulated a quarter. million net worth before I started my. show. Like, yes. But I want to be clear, there is no license, but there isn't. needed for this kind of conversation. I. just was going to say I think the. interest once you get to really high.

debt really starts adding up and I think. like the inflation with the economy um. that's also had an impact on us and then. inflation report just came out today it. was 2.4%. What are you talking about? Well like things just sort of cost more. than they used to if you they always. will. Inflation always exists forever. You don't want deflation or stagnation. But like our income inflation is 2.4%. right now. What are we had a bad. inflation report in a year and a half. What are we talking about? I was just. going to say like we make the same. amount of money and even though it's. like steadily like same amount of money.

since when? Since what your disability. hasn't been I got out in 2018 and it's. yeah pretty much been the same. I mean. maybe been the same. I mean a little. increase. What's the increase? What. percentage increase? I don't know. Maybe. one% every year. I don't know. I don't. remember what it was. Oh come on. If. we're talking inflation at 2.4% you. think they usually do like the social. security increase every few years or so. I mean they kind of boosted near. inflation levels pretty close. I mean. depending you know sometimes it it's a. little sometimes. Do you have all the.

information on inflation for the last. like couple years or relatively? Yes. When it peaked inflation what 2023 we're. at 9.4 but it was on a steady decrease. all of 2024 2025 so far. Last year was. the best year in S&P 500 history this. millennium because inflation rates were. going down and Fed was cutting rates. which made debt more. I think I think in. in general not just like inflation. specifically is something item it is. just overall in general all the items we.

do all the stuff we do consistently has. been expensive cost more I mean that's. how everything works forever except for. TVs. Yeah. I mean everything goes up I mean. the cost of everything goes up cost of. your labor goes up. So the cost of. expenses go up. It does, but we don't we. don't plan for that kind of style. We. just you don't plan for money going up, which is what it's always done since the. history of money. Yeah. Who really plans. for that though? Like we just didn't. adjust our lifestyle. Are responsible. I. don't know. I mean, you get again, I bet.

you've gotten an increase more than 1%. If if we're being real, I I don't I wish. I I don't know. I don't pay attention. So, we know that inflation's bad, even. though you don't know the percentage of. what's actually happening, but you don't. know what your income is. We know that. the cost of things go up, but we don't. know that our if our disability is going. up. I know it increases every year. I. just feel like, okay, feel. I don't care. about feel. Budget. Why don't you. budget? What do we budget? Do we budget? What's the conversation around finances.

in the household? We use uh we were. using Excel spreadsheet to pay the bills. which it can work and for a lot of. people they prefer that but for most. people honestly it doesn't work because. it's so manual that it requires putting. in the time putting in the work and. sometimes putting in the time putting in. the work is good cuz then you see the. statements but the automated process of. like a budgeting app is what is. preferable I don't care if you use mine. you can use any ones I prefer mine I. prefer the simple one whatever that's. fine but it's the automated like account. connections and everything that is what. is going to actually help versus you.

sitting down have to do it cuz we. probably didn't stick to it, right? No. Exactly. And that's what always happens. instead of just being able to open up. and see like what is actually happening. for the sake of the month. What are the. conversations around money in this. house? The conversations of finances. within us is just all right, go buy it, buy it. Well, okay. It's not exactly. Yeah. We we don't we don't have a Oh, we. used to I think we used to a long time. ago had a budget of if you're going to. spend anything over $100, anything over. $100 needs to be between you and I. agreement. That was, you know, years ago.

before the kids. Um, and we haven't done. that in a long time, but that was. something we had that was going to be. helpful. Now, she's, you know, she and. I, I'll throw myself in there. She and I. are buying whatever we want over $100. without, you know, asking or discussing. it with someone. We're just doing it. Then afterwards, we're, hey, I bought. this, you know, and I'm like, are you. serious? Like, so what do we what do we. do in those instances then? Forgetting. and moving on. Why? But that doesn't. produce anything going forward. Well, that that's not going to get us.

anywhere. No, but that's what we've been. doing, you know. And and is it to avoid. confrontation? No, I don't think so. Then what is it? I think what's the. logic? Let's let's hear the logic. Like. if I spend money on stuff for the kids, like clothes or activities or holidays, and he's aware, he knows it's happening. Yeah, he knows it's happening. Does he. know how. much? Is there a reflection? Do we sit. down and discuss how much at some point? Yeah. No, it shows. It shows afterwards. when the boxes show up at the house. Can you talk about the monetary amount?

Oh, I do. Oh, I do. Oh, I do. We bought. a new gym gym me or gym uh beam and. thing that that was crappy, you know, and stuff like that. Uh got home and. then we're not even going to use it and. it was over $100, you know. So, you. know, but we blame inflation instead of. our inability to just have a. conversation or sit down about it. Not I. wouldn't say we don't blame. I say we. included. She kind of did. She did. It's. one of the factors I think. I think the. bigger factor is uh you guys don't talk.

No, we purchase. Oh, we don't talk. before we purchase now. Yeah, I would. say that's a little bigger of an impact. We talk after the purchases usually. But. again, it's not always, you know, the. best because like I'm like, you didn't. need to buy that. You don't need to buy. that. Oh, it's already bought. Well, that Where's the pants here financially? None of us. I think we're both spenders. We are. We're both spenders. One of the. ways I'm a spender, but I also know how. to budget. I allocate the amount of. money that I'm allowed to spend. It's. okay to be a spender. Just have any kind. of knowledge into your financial.

situation. Again, I mean, just blaming. inflation. It's our way out. It's. actions for you. It's going to be. actions more than anything. Again, literally this time last year to now. 2.4%. Okay. I don't pay attention to I believe. you. doesn't feel like that. But I. believe you. feel because you want to spend. more if we're being honest, right? Well, yeah. You I mean, who wouldn't want more. of their money to spend or to control in.

the way that they want it? But yeah, when you guys got together Mhm. the. finances. Yeah. Was one of you one of. you good? Both of you both of you good? What did it look like? What is this like. the I want to see what you guys have. been through in these 10 years financial. related before we dive into this cuz I. need to see who's where and what's. happening. So we met when I was 19 he. was 26 and we were both in the Navy. I. don't need the love story but who's the. where were you? So there's finances when.

we were there uh I had a lot of debt. I. I I prior marriage, you know, obviously. being in the Navy, you know, by myself. first time, uh, living San Diego, going. overseas, coming back to, you know, to. the States, boys on the boat. Yeah. Um, lots of expensive purchases myself, you know, lots of things just to live, right? Um, so I racked up a lot of debt. before I married her. Um, so did you. know that? No. No. Really? No, I didn't. And and because I knew that I was about. to go to overseas into the Middle East.

where I was going to make a lot more. money. That's where the goal was to hopefully. pay off the debt before um we were able. to um live together again um after the. marriage. Uh so she knew about a little. bit, but she didn't know all of it. It. wasn't like I was intentionally trying. to hide all of it and stuff like that. I. was just like, "Hey, let me let me let. me pay off what I can then." So then so. then I went overseas uh to Barn. I paid. off $20,000 of the debt there, which was. nice. Um, you know, so coming back. together, I had still a little bit of of.

debt for myself still when we uh when. we, you know, got to got to live. together geographically together cuz I. was in I was stationed in Spain and he. was stationed in every thought about the. debt when you heard the debt and how. long the cuz obviously we learned that I. mean we only paid off the debt not. horribly long ago the first time so I'm. assuming that part of the debt was some. of it. Yeah. who's been the accumulator of debt. in the relationship. Uh he came into the. relationship with a lot of.

debt. Um but after we paid off that debt. then probably maybe I've taken on more. debt, but it's been pretty equal. I. think we both have been, you know, spending a lot of the debt, putting. everything in debt. Um however, I think. it's been a lot more with the children. uh you know we can't blame the kids but. no I'm not blaming the kids on but the. thing is situation high income earning. households they can get even more than. low income earning households because. you have the ability on paper to qualify.

for more debt and you'll get yourself in. a position that is just. absolutely then you're going to put your. kids in a horrible situation. You want. to give them the life now. You want them. to give them the experiences now, but. you are going to put them in a situation. where they are only going to sue stress. between mom and dad cuz mom and dad are. finally going to have the conversation. about money and it's going to go it's. going to be a blow up because oh no, we. can't pay our minimum payments this. month. That's I don't think that's ever. happened but happened. You're on the.

track to happening. I don't want that. I. don't want I don't want the kids to be. want to take out home equity loan to. start paying off some debt or something. Good luck with where the market's been. overall. Like you can only do that so. many times. You would have to have a. complete boom in the market to be able. to keep pulling. Yeah. So then where's. like if we're maxing out our debt, debt. to income's really bad, where's our exit. from debt besides bankruptcy? At a. certain point, it just becomes. bankruptcy consolidation. We might not. be able to. apply. How are we getting out of debt?

Um only more recently, I think he's been. more on board about switching some of. the lifestyle things. I think it's hard. for both of us to like it just I think. we both needed to be fair. Like if I'm. getting rid of something, he has to get. rid of something. And so just agreeing. on what to cut. What's your fun? What's your fun? Yours. is the gymnastic whatever. What's your. fun? It's my daughters. Your your fun is. spoiling the kids. What's your fun? Uh I. I'm a collector. I collect collecting a.

lot of different things. Uh I go through. phases. Um, so I've done movies, DVDs. for the longest time when when they were. still making DVDs and stuff like that. So I have a very large collection of. that. Uh, then who's who's more. motivated. motivated to get out of debt? Me. probably. Probably her. Why wouldn't you. be motivated? I mean, we're reaching. retirement. I'm motivated. I'm. motivated. I just I Why do you see her. being more versus you? I'm leading the. conversation of fixing our finances. Yeah, but your conversation is only.

postspending. I think I think there, you. know, there there needs to be a lot of. stuff that she needs to stop doing and. spending on and I need to stop spending. on. What would you say she needs to stop. spending on? Oh, uh clothes. Um or uh. you. know things for the kids that that are. not needed birthdays, um Christmases. Um. I was trying to get things on sale like. and then I don't know if you go to. shopping centers in December, they're. insane. They're so packed. There's. nothing left on. What do you think he. should start selling on? Um, maybe like.

eBay, all of like the old military. memorabilia. Um, all right. Well, let's. see where the spending is, guys. I'm. going to go 3 2 1 go. At the at the same. time on go, I want you to give me what. you think your household financial score. is. 0 to 10, 10 being the best, zero. being the worst. Okay, just where you. think you are in the world of finances. Okay, 3 2 1 Three. Okay. If you want to. see where you stand, take the. assessment, you can go to calehammer.com. or click that link in the description.

below. And you can come sit across from. me in this table by going to. calehammer.com/apply. Don't forget, if. you don't want to be like any kind of. guest on this show, all you have to do. is download my budgeting app. And for. those who sign up for the annual. version, I'll sign our cookbook that. can't be purchased anywhere else, and. I'll send it directly to your door. Navy. Federal, no. surprise. So, what is going on with this. card, guys? Is it I think the first. one's mine, right? P. Oh my me. The one. that's basically maxed out at $24,6843.

Yeah, that's what the insane balance. What are we doing? Um, that's an insane. balance. That's a disgusting balance. with the. $1,757.25 of purchases while only making. the minimum payment. If we could only. make the minimum payment, it's basically. max out interest is occurring. We can't. pay it off to save our life. Why the are. we purchasing. $1,757 on here of all places? Why? Why?

Oh, come on. You seem like the. reasonable one. You're the one that. wants to get out of debt. You're the one. that's pushing the household forward. You're the one that's starting the. conversations, but you're also the one. that's going to go blow up this card and. purchase thousands of dollars on a card. that can't be paid off that is acrewing. interest. My son's birthday was last. year. Oh, for sake. And parties. I do. I want him to have a college fund. I want him to not have to go save mommy. and daddy. When mommy and daddy can't. keep a roof over their head when he's in.

his young adulthood and has to all of a. sudden sacrifice. Come on. We've seen. this happen in life. I've seen people. come on the show who are the parents. that the kids have to help. I've seen. people who are the kids that have to. help the parents. It's a birthday. We. can do young kids, right? I don't have. one. Okay. But young kids, we all we all. know young kids, you can do without it. being bougie and crazy and they will. still love it. Okay. I mean, we're. talking teenagers when they start to be. like, um, what the Okay, so it's like, sure. Well, I I think that definitely.

snuck up on us that, you know, all of. the payments stuff because we we didn't. plan for we what what snuck up with it, our birthday, the charges, the payments. No, just whatever. Just buying whatever. This is a purchase 7,757 to maxing out. the car. How did that sneak up on us? I. don't know. How could that That's not a. sneak up. That's not a sneak up. What do. we mean sneak up? This isn't It's not Al. Qaeda come behind you. This is what the. I just I just think that with all this. stuff, we the way we live and the way we.

do it is that we have our our main debit. card that we use, right? That we. purchase everything. We get paid on that. one. I get paid twice, you know, a. month. She gets paid once a month. We. use that money. Once it's gone, we. switch to our our credit cards and that. include that's whatever you know. Oh, hey, I got to get gas now cuz we're down. to $100 left in our bank account. No, you guys do not get down to $100 in your. bank account with your income. We have. to What are we We have We have all these. bills. If you look at that, there's a. lot of If we have all the bills and. we're not having birthdays. We are.

having birthdays. No, no. We're going to. McDonald's. We are going to McDonald's. for for for the birthday. And that's the. one thing we're doing that month that. year. Yes. If we have bills that we. can't pay and we have $100 in our check. account. No, every year the thing is. every year she wants to have one child. have a a good birthday, right? One child. we select who? No, it's rotates between. the children. Okay. And one child gets. to have a birthday of something extra. party whatever it is gets to have a. family. So this year my son he took his. three best friends to uh an.

entertainment place. All right. And we. had to pay all that stuff there. All. right. And that is more important than. the household stability of our financial. situation for the sake of their future. No, I just don't think we we in we. thought about it. We didn't include it. We just said we just did it. Okay. Bull. You have $100 in your. checking account. Feel you can't feel. $100 in her checking account. I'm going. to Okay. Our house is stable for living. and family and stuff like that. What. she's talking about? She's talking. finances. That's what you're talking. about finances. She's not talking about.

finances. Yes, I am. Financial stable. Okay. We're not. This is my opinion is. that we have money coming in every. single month stable income that you can. expect. I'm no I'm not saying that the. spending is stable but the income that's. what it is. That's the problem, right? The the income is coming in. Yes, I I. understand that, babe. But you have the. problem for us is that that when we do. it, we spend that money. That is not. stable. Okay. Well, agree to disagree. Okay. We agree to disagree. So that's. why he's here. That's why we're here now.

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instable even though we're making all. the payments. Girl, your debt's going. out. I'm going I'm making your payments. because in order to purchase the things. you want in in order to make the. payments, I will give you an example. May I May I draw this for you? May I. draw something? I I'm going to have a. little drawing exercise, you know. Let's. go back. We have a tough camera now. Hello, Tough camera. Okay. Let's say. this is our income. Okay. Okay. Let's say that and let's say. this part's our min payments. Okay. So, this is our minimum payments. In order.

to make that and maybe let's say we're. making that, I don't know. Well, let's. go through. But you still want to like. uh you spend the entire party chart even. though these are minimum payments. How. how do we do that? How how do we spend. the the the full column? Well, we spend. the full column. No, no, no, no. How do. we spend the full column? How do we do. that? How do we make that work if we. want to spend this much? But we also. have to unfortunately allocate that much. to minim. How do we do that? I don't. have the answer. That's why. Well, the. answer is we take this amount of.

spending right here and we put it on. credit cards cuz if you put this amount. of spending that is needed to go to. minimum payments, but we want to spend. it on fun. You spend it on fund here. You spend it on fun on the credit cards. in order to make the minimum payment. If. you were not spending on credit cards, you could not make your minimum monthly. payments. If you did the same amount of. spending you did on the debt, like on. the credit cards that went up that you. made minimum payment on that push to the. max. If you put this on checking, you. could not make minimal payments. You're. only able to feel like you make the.

bills paid because you put fun on credit. cards. Okay, that's true. That's true. So, how are we financially stable? I. feel like we're going into debt. We are. that we are. We're not finally we're not. financially stable. Well, okay. I still. disagree. I do feel like we are. financially stable. But I do hear where. you're coming from. Oh my god. No. Okay. Well, sir, we have. a financial insurgency happening. Put it. down.

I mean, I just the the fact of the. matter is is we both live way without. our our means. We have a lot of fun. We. pay a lot of money towards fund whether. it be on the credit card or whether it. be a debit card. I don't think we have a. stable process to do anything. We just. say, well, everything's on autoay and it. comes out of our debit. Bills are on. autopay. It is which which is okay. That's that. But what I'm talking about. like just in general anything we do with. the groceries, the gas, the the. traveling, the whatever we're doing. All. right. Now, I will tell you I will tell. you there there is a lot of times when.

we are we are one one parent is with one. child at their activity, one parents the. other parents with the other child at. the other activity. So we're not even. together for you know dinner time. We're. not together to do a lot of stuff. So. we're spending double the amount of. stuff things going through that. You. know that that happens a lot too. Um. there's a lot of things that come to. that come into fruition for us that we. just end up going, "All right, just put. on the green card. Put it on the green. card." All right, let me ask a question. We know what your income is, right? 1,900. And that's basically what we saw. last month. All right. Yeah, actually. basically identical. Yep. Uh what do you. think was spent on mine or his? Nope.

Household. Oh, what was spent in a. month? Yep. In the most recent month, I. would say price. For the statements that. we have. 14,000 M okay. And you 14 like total for. the whole month like how much is coming. out? We Oh, we get 11,000. Yeah. Okay. Yeah. Well, 12ish,000 is coming in. Yeah. Well, it's over it's over 11,000. I'll give you it's like 13,000. If you. are the disagreeer, how is that. considered financially stable? If we're. spending let's you said 14,000. If we're.

spending 14,000 making. 11,900 12,000 let's say how is that. financially stable? It's not financially. smart, but it is stable as long as you. can make payments. That's not st No, no, no. I need to correct this mindset. because it's dangerous for the future. It is not stable if our debt is just. building building cuz then it gets to a. point where all of a sudden the dam. breaks. Okay. And we've been there. That's why we That's why And that's when. you did the consolidation cuz it got to. the breaking point. We've never been to.

the breaking point. I don't know what. you mean by that. The break the breaking. point is the way that we have been like. all the money that's been accumulating. over everything. Well, okay. I think we. are to the point the fact that I'm have. almost maxed out my credit card and we. don't have No, it's it's at max. I mean, come on. You you can go get a couple. fries from McDonald's, but it's max, right? Well, and you've raised I guess. we're near the breaking point, I guess, but I don't know. I don't What? We're. not. No, no, we are at the breaking. point. Big. Okay. We are at the breaking. point. That's why we're here now to try. to hopefully get a a grasp. Yeah, I do.

want to make changes. We need to make. major changes. We need to make a lot of. changes, but we are at that point right. now that we are literally needing to do. this because we do not we can't live. We're living outside of our our. payments. I agree. Okay. That is not. financially stable. Well, I just came. from a really uninstable financially. instable household and so to me this is. fantastic. Financially stable. No, that's great. No, this is you know what. that should do. I came from a. financially stable household. foreclosure notices. You know what that. did? That made me get my together. Why.

would you seeing financially unstable. mean? Let's replicate that for my. children. I think our children have a. really great life. They have a great. life by you going into debt. Whenever my. parents were able to send me to go do. something cool with summer camp or. something, it was on debt. And then I. saw that stack to the point where. minimum payments could not be made, which meants the mortgage payment. couldn't be made, which meant. foreclosure notices. And we don't want I. don't want to get there. But we're. headed there. What do we do if one half. of the relationship honestly thinks that. okay, we're not at the breaking point. We can continue going down this path,

but the other doesn't. How are we able. to combine that? Well, what can we do? I. don't think either one of us wants to. continue on the track we're on. But you. are not seeing the alarm sound like he. is. Yes. Yes. I don't know about that. because I'm the one that brought us. here. I've heard your language though. Okay. I mean, we've all heard you talk. in this conversation. I'm not trying to. bully you. I'm not trying to stack up. against you. I don't like when it gets. 2v1, but what do we do when it gets to. the point where he sees the weewoos and. you're not. Okay. And we and this has.

happened. before really opposite where where I was. the one, you know, that wasn't seeing. the if you want to say, you know, the. bells and whistles, right? And she was. the one going, "Hey, this is the. situation. We're we're two of them." And. that's where we were able to come. together, pay off the bills, pay off the. debt, right, the first time. And it was. nice. It was great. Snowball, great. All. right. We we finally got on because I I. was not understanding it. I was just. living just living right doing what I. want to do. So she got me on to. understanding that. Here we are now. years later and now it's reversed. And I.

don't think it's reversed. It is. reversed. It's reversed because you. don't see the bells and whistles as he. wants to say. That's pretty cool. Okay. I don't think I don't see the bells and. whistles, but I do think we need to fix. our finances. Can we just agree on that? Okay. We need to Yes. We both We all. agree. We agree on that. That's why. we're here. The language behind it is. not a listen. I don't feel like it's an. emergency, but I do. Okay. It is an. emergency. That's why we need to fix. this because we do not have the way to. live the way we're living. Although we. do have more income coming in starting.

in June, July. No, that doesn't Okay, that's No, because that's that is that. the problem though is that that is. what's coming in a little bit for you to. go to school. All right. But next year I. am done. I am done working at the Navy. the I am I will not have that that job. anymore. All right. And I'm only gonna. get some partial mor money back. All. right. We don't know what my VA is going. to look like. All right. So, we we have. to change our entire lifestyle now. before we get to that point. And on Oh, great. Now we're now I'm retired. Now, what are we going to do? We don't we.

cannot live and cannot do this stuff. between now until I retire. We have to. figure something out. Okay. I agree. But. you agree on the sentiment, but you. don't agree on the fundamentals from the. sound of it. Cuz you're pushing. What. fundamentally am I not getting? Are you. serious right now, bro? That you think. that this isn't horrible as long as we. can making the minimum monthly payments, but you're pushing towards that edge. That's what you were pushing back on. You agree with the sentence. They're. written on paper. Let's get out of debt.

But you guys are not aligned on the. fundamental of what where we're at, what. it takes to get there. No, I think we. are aligned on what it takes to get out. of debt. No, you you say it. Yes, but. then look at your look at your your. things that you buy constantly. I tell. you all the time, just stop buying that. Stop buying that, right? Good example, right? Until I freaking did it. But the. candle subscription, right? I wanted it, didn't need it, but I kept doing it. You. kept telling me to cancel it. It didn't. cancel until finally when we got to that. point where like now we got to start.

canceling stuff. But you're still buying. stuff that is there that we do not need. constantly. So you don't need to buy the. children a million things of the same. clothes, the same shoes, the same stuff. They need school. They need sports. But. what they don't need is 18 pairs of. freaking pants because you like the way. they look. I have 18 pairs of freaking. I'm giving you an example. That's not a. good example. Okay. Pick something else. that you know that I'm I'm right on when. it comes to the children's clothes. No, just anything in general. Anything us I.

don't know. That's what happens all the. time though. Okay. You buy stuff all the. time. There's always something you buy. and you're like, "Oh, it's the wrong. size." And I tell you that all the time. It's the wrong size. This is the wrong. stuff. It's the wrong measurements. It's. something like that. You're like, "Oh, I. didn't know." Right. Oh, I thought it. was going to work. Constantly. Okay. Constantly feels a little All right. Well, whatever. I'm curious. Is that how every. conversation goes? Cuz this So, what. kind of happened, right, is uh I mean, it was a little heated and that's. totally okay. The emotions are good.

Like, nothing's wrong with that. you. know, he kind of pushed back on you. about some of the purchases and you kind. of did the thing that sometimes upsets. me on the show and like like the. audience isn't here so you know they. don't fully get the vibe and they've. kind of called me out when I you know. get a little upset at it but it almost. feels like in a way kind of when people. do that to me when I push back on them. is they're just kind of saying that just. to have it move before he said the beam. was a bad purchase. I recognized the.

beam was a bad purchase. I had really. good intentions, but then the actuality. of it ended up being $150 we didn't need. to spend on a second beam. Sweetheart, your intentions are always I do have. really pure intentions and I have great. intentions and I do think that has. partly led to our debt problem execution. on this. Okay, I agree. Okay. And for. what it's worth, I mean, I'm not saying. it's it's bad to be giving or anything. It's not even all at all. But you know. there's lots of psychological analysis. that shows that a lot of the acts of.

giving you know especially on a. reoccurring way is usually is also. driven a little bit by selfishness cuz. you get high dopamine levels through. gifting. I think it's more about. connect. You love gifting and it just. you see the reward and it feels really. good and it doesn't mean gifting is bad. I'm not saying that. I want to be very. clear. But it there. are it can very much be associated with. a selfless desire to feel the reward. I.

I will I will tell you we do love. blessing others. That is one of our. things we bless others with. But you. guys can bless so much more people if. we're not in a lot of debt. Okay, fair. enough. But imagine the amount of. blessings we can give when we're not. Okay, by the way, the real number you. said 14,000. You thought it was a little. less than that. It was $15,116. you spent. 27% more than came in. Okay, how long could we do that? But I will. say that that is our biggest spending. moments and our biggest hit to ourselves.

is from December to May. That's all the. birthdays, that's all the the. Christmases, the the holidays, that's. all the activities, that's everything. that we deal with. I'm saying if I look. last fall, last late summer, I'm not. going to see you spending more than you. made. No, you're going to see, but not. 27%. You're gonna see. No, you will. because I went crazy for this Christmas. This particular Christmas, I went way. above and beyond. Special about this. Christmas. It's I don't last. Oh my god. I just tried something new where I. started in July and I was trying to get.

things on sale. Again, it was a good. intention. It was a great intention. I. love your blessing. I was trying to get. things on sale and I just was like, so. we wouldn't be spending a a billion. dollars all right in December, right? It. was nice, but the fact but the problem. was that you we because it all we. consistently every freaking paycheck. went and got them multiple things and. multiple things and our and our our. closet filled up extremely fast and it. was a lot. And here we are for hours and. hours wrapping presents. It was a great.

Christmas for the children, but it was. too much. And and every every time a. child puts a a new uh want on their. Christmas list, right, you go and we. went and got it, right? I can only speak. at myself as a kid and we can all. associate with our own things when we. look back to Christmas. But, you know, I. would probably operate on this if I had. kids. I would operate on my own thing, right? I don't remember all the little. gifts I got for Christmas. What I do. remember were like the cool special. final gift, right? Like I remember.

getting like the first Xbox when that. first came out and playing that with my. dad on the day of Christmas. I have that. memory. I remember getting like a castle. that I could play with my little action. figures in. I remember that. I remember. like these very specific things and. that's what's going to matter at the. end. It's not just the the little it's. not about the amount. Okay. But I feel. that it is my slash our responsibility. to create the Christmas magic for the. kids. Whether it's going to see the. Christmas lights, drinking the hot. cocoa, caroling, I mean hot like five. bucks though. Okay. I'm just saying. But.

it's like all the little things that go. into each and every holiday. I put that. on my shoulders. My first like 10. Christmases though. And I don't mean to. keep bringing it back to me. I guess I. do apparently is was basically poor. people Christmas or at least living on. debt. We went and we saw the things and. like but it was all on the cheap and the. side or you warm it up. It's I I will. tell you I will say though we both do. come from you know a um humble. background. Humble background. There you. go. That right. So we both you know had. it as best as my father could give me uh.

and my brothers and sister you know he. gave it to me. It was a phenomenal time. It was much. But then, you know, bougie. Christmas isn't required for a nice. Christmas. But we wanted to give that to. our children. We wanted to make sure. that our children always had it better. than what we came up with. Would they. know if it's bougie versus if it's just. nice? Cuz to me, cinnamon rolls, fireplace, you know, family together, dogs hanging out. That to me is the nice. Christmas with some Christmas music. playing and some gifts to open and. seeing each other enjoying it. That to. me is the nice Christmas. Not having to.

go crazy. They don't they don't. recognize like the value dollar of it. They want the experience. They just want. the warmth of Christmas. I know. But we. went we went crazy. And then. specifically and then on top of that, you know, we got you know the big the. big item you want to talk about, right? That they got the iPad. We got them. iPads because their old iPads were dying. because they were the you know our. crappy old iPads. A couple things with. that. You want them to be iPad kids. I. don't. Just cuz they have iPads doesn't. make them iPad kids. They're heavily. into sports and activities and they're. smart. But the problem with that was.

because we bought them two new iPads and. you get them iPads or iPad Pros or iPad. Airs. They got two new. iPads. iPad. I got myself just iPad. 10.2. I think it was whatever the newest. iPad. She got herself a new iPad. They. had a nicer iPad than me and I'm in. school and I use it every day. But is it. a competition? No. But I was like, why. does a seven-year-old need a better iPad. than me? And I'm literally doing it. Doesn't. And neither do you. I mean, neither of you need Well, I need it. I. use it. But you already had one, it.

sounds like. Yeah, that's true. Who. cares if theirs is nicer? They just have. the newer one. Yeah, that's just time. That's just a timeline. Yeah, I ended up. regretting my purchase anyway cuz I like. But that that's just one example right. now. There there's other things that. that are just, you know, from December. to now is is all the expenses. expenditures, all the stuff. Right. It. sucks. I got it. I mean, we're talking. about now, we're talking about the past. Let's talk about the future. How long. does this card take to pay off if we. only do our minimum monthly payments. without doing purchases, which we're. incapable of currently? You do the.

minimums, but you purchase three times. the minimum monthly. But let's say we. stopped purchasing and we only did the. minimum. How long does this take to pay. off? Maybe years a decade. Years. A. decade. Years. I don't know. Five years. Four years. Five. Six years. Six years. Honestly. Okay. Uh we're just going to. do some quick math ju just for the sake. of it. Uh you will be 70 years old. He's kind of already physically 70 years. old. No, he'll be fully 70, right? It. takes 32 years. Wow. Oh my god. So, last.

Christmas takes 32 years to pay off. Okay, that's a good perspective. actually. Good to hear that. I didn't. know that. That's not good. The minimum. monthly on this is. $525.39. Let's go through the purchases. on this. The interest year, by the way, is. already a,000 bucks on this. You've lost. $1,000 just on one card. Yeah, let's. keep tally of the interest as we go. throughout. 963. 17 on this one. Okay, it's all [ __ ].

except for two things which I think was. like two university things. You got. university docs, college transcripts and. gas and then dentist. Other than that, it's all [ __ ] Top down. You see. this? It's all [ __ ]. MJ. Lacantia, Bath & Body Works, The. Children'splace.com, Crunchyroll, Apple. Bill, Glamour. Eyebrows, You Break It,

Bandera, Texas Nail, Double Nails. Okay, we're double interrupted. Oh, no. The. first one was lashes, wasn't it? I don't. know. Um, MVYBA, children'splace.com again. $211. clothes for the kids. Okay, we already. been through the conversation. Yeah, come on. No, the MVY that one, whatever. that that's the that's our son's. baseball. So, I'm okay with that and. we'll put that into the budget cuz I I. truly believe in that kind of stuff. But. Flex Brew House, that's a movie theater. More Flicks Brew House. Apple Bill,

Apple Bill, Apple Bill, Apple Bill. Uh. Clay Casa, children'splace.com cuz we. have to get a new pair of clothes once a. week at a minimum. Maybe five times a. week, who knows? Apple Bill, Apple Bill, Apple Bill, Apple Bell, Botox and. Beyond. I tried Botox for the first time. and I think it's nice. Yeah. I didn't. know if you can afford it. We did. You. didn't even know? Well, I told you. after. I was I was away from my phone at. the time, so she didn't have the ability. to call me about it. All right. But. afterwards, when I got home with it, I.

was able to look at the stuff. That's. when she told me. Yeah. You know what's. crazy? And that was a lot of money. That. was a lot of money. Dude's 7 years older. than you, but he looks like 31 and he's never. gotten botox. Holy crap. He's never. heard that in his life, but that's very. nice of him. It might be because he's. aged into it. Well, maybe he looked old. Maybe he's looked 31 forever, but by the. time he dropped 31, you know, other than. the little grays, you know, dude has. smooth skin. Well, thank you very much. That's that's wonderful. I'm going to. write that one down. You should. Apple.

bill. Apple bill. What are these Apple. bills? What are they? All right. Can we. pull up our phones? Pull up our phones. What's What's on here? We have Facetune. Why? It's an iCloud Plus. iCloud Plus is. fine. It's usually storage. You had some. kid things and retake AI face selfie. Oh, come on. You're turning into a. Facebook mom where you just have overly. filtered Facebook pictures. Come on. Don't do that. Yes, I don't like those. Yeah, nobody likes those. You're the. only one that likes those. Okay, she did. it to me. Okay, don't don't pay for it.

cuz no one likes She pays 10 bucks a. month for it. What? We haven't even gone through all of your. YouTube. Oh my god. I just didn't know. that was 10 bucks and it was costing. money to make this look crappy. Oh, okay. Thank you very much. You can't say. there. Oh, sorry. Fake names. Sorry. Well, the spending on there was uh. shocker, crazy, and a lot to go through. Second Avery Federal does this bring us. to you? Uh $20,000 one, buddy. It is not. much better. At least it's not maxed.

out. It's a couple thousand from that, but it is borderline the same. Again, you only made the minimum payment, but. then. $936 of spending with. $23863 of interesting. Why are we. purchasing on a card that is acrewing. interest that we cannot fully pay off. that we could only make the minimum. payment to? Cuz we did not have the. money in our check our debit. Well, we're financially stable. Am I right, guys? When I turn this page, how much of. it is going to be bull versus. necessities? Uh, I'd say half. Let's.

see. So, what is going on with this. card? It's only been stacking up, stacking up, stacking up. Nothing. This is This also takes 31. years to pay off without purchasing a. single thing on it throughout that 31. years. Well, okay. What's your insights. into his card into his spending into. here? Do you ever see what's happening. on here? Uh, we don't see each other's. credit card purchases. We only That's. where you guys purchase all your Yes.

Yes. I will admit. that in the past, yes, I have definitely. used my credit card to purchase things. such as my collection and hobbies um. back in the day because we do have we. have fun money. I'll I'll start off with. this. We have fun money that we set. aside for ourselves that we can do. whatever we want with the money, right? I'm okay with that. When we're out of. debt and have a fully funed emergency. fund, how much are we setting aside for. fun money? $100 a paycheck, right? What? You guys are spending way more than. that? What are we talking about? This. just for paycheck. 200 400 bucks a month. total for the household. But you guys.

are spending on miscellaneous [ __ ]. calculated about $7 to $8,000, right? Or. no, something like it was something like. that. Well, you know that the goal. So, you added a zero time two onto it. Well, we had our fund money, right? And that. was something that we were able to use, right? So, I'll tell you the way I. worked back, okay? You know, about a. year or two years ago, was I would spend. all my money on whatever it is I'm. collecting, right? However, you know, memorabilia that I want, couple hundred. thousand, right? Um, and then I'd go, well, if I'm missing a hundred, 200, I. would use the credit card probably. uh.

or the Kickstarters that I would back, you know, so that way that I get my. whatever I'm backing right down the. road. What do. you games? I'm sorry. I know what. Kickstarter is. I'm a board game player. We We play board games. We're, you know, we're nerds. And that's Kickstarter. There's a lot of the ones that were. coming. They were coming on. They were. coming on Kickstarter, but you know, they cost some money. So, how often are. we doing this? It wasn't too often, but. it was it was a lot that was backed up. and and came out at one time. So, there. was things like that would I would. purchase on my credit card. Okay. Um, you know, and that's all stopped since.

then, you know, but now it's more just. what are we going to use on it? Now, her. her her credit card or my credit card, we don't get we don't have a we see we. know what we're buying cuz hey, I need. you to buy um groceries to put it on the. green card. Like that's the stuff we. know. Like, oh, I put the groceries on. the green card, you know, and the green. card. Sorry, credit card. Yes. We se we. buy a red and a green card. That's when we know we're come on. Well, that's that's the problem is, hey, we. need to go groceries or we need gas or. we need something, you know, go put it. on the green card. Color ass sorted just.

like ring of cards. Well, that's that's. what it was. But as far as individual. each item, we're not tracking it. We. didn't have a way to well, we didn't. really care to see what it was. We. didn't know what was putting on each. other's things, you know, um unless. something just came out and that that's. what it. was. All. right. Obviously, just resources wise, you guys. should use the Fizz card. It's usually. geared towards college, so that actually. kind of works for you. But it only lets. you spend what's in your checking. account. So, it works as a debit card.

It's a It's called the Fizz card, but it. only lets you spend what's in your. checking account. So, you can't. overspend like this. So, it works like a. debit card, but it still builds credit. and you get rewards like a credit card. I don't know. I've never heard it. And. if you want to do anything, this is. where I hand out free stuff. Woo. If you ever want to do anything that's. not all manual labor in retirement, I'll. get you a course career certification if. you want to start looking at like it or. anything like that. So, whatever you. want to do, whatever you guys need, we're happy to connect you. Okay. Well, but before then, let's look at the.

spending. You said about half. No, about. 75% [ __ ] Uh, Taco Bell Panda. Express, Crisy Cream, Auntie Ants. Okay. It's all It's also just horrible for. you. At least you look like, you know, I. mean, you you stay fit for the military, but my goodness, it's it's all just bad. Entertainment Hub, Chipotle, McDonald's, Little Caesars, MVYA, eBay.com, fling.com. Fling. Fling. That sounds like a.

No, I don't know what it is. I don't. know. Hey guys always ask me, Caleb, what do you invest in? And honestly, I. keep it pretty boring. Take a look at. this. Take a look at this. This is my. investments right here. And this is why. you got to follow me on Blossom if you. want to see just that. A couple weeks. back, I stumbled upon this social. investing app called Blossom and. thought, "All right, let's give it a. try." And it turns out it's actually.

really cool. And to be clear, they're. not a brokerage. Blossom is a completely. free social media platform. They're not. your typical investing app. It's social, meaning you can follow exactly what I'm. investing in, and you can check out my. portfolio in real time and even discuss. strategies with me and other investors. There's no guessing games, just clear. transparency. So, if you're curious. about how I'm investing or just want to. get smarter with your money, download. Blossom right now. And you can follow me. at Caleb Hammer. I'll be sharing my.

exact portfolio breakdown, investing. tips, even responding to your questions. It's totally free, super simple, and way. more fun than just guessing stocks. alone. So, hit that link below, join me. on Blossom, and let's grow our money. together. Seriously, right now you can. actually see what my portfolio looks. like today. It's not. It's $105. $105. Oh, Fling Con. I remember that's a board. game convention. Board game convention. Thank you. It's the opposite of getting. Oh god. Oh my god. That was funny. No.

Yes. It was It's There's There's a. convention coming up for the board game, right? That that we're looking at. Yes. I purchased I purchased me a little I. purchased the tickets now, right? It's. coming in in July. Um so I was able to. get in, right? Um Okay. Yes. And. Schlotskis. Thank you, babe. You're. welcome. That's a food place. Yeah. Yeah. Okay. So, you guys go out to eat a lot. We we we we do. Why? Because we're not. always together all the time. But so. will Sammy sandwiches at home. Well, we.

don't we we also we're lazy. We don't. need to be together for that. I'm lazy. Okay. But we either get to choose lazy. or financial security in terms of this. case. If you guys want to be lazy, totally chill with it and we can just. like I'll be like, "Okay, go on your. way. You can live the lazy lifestyle. I'm okay with it. I will even support it. because if you I want to support however. you want to live life. It will end in. disaster. no funded emergency fund, you. know, potential foreclosure notices, it'll be you can live that. We can.

choose lazy or we can choose financial. security actually grinding down bringing. some discipline to this. I agree right with this for the fact of. the matter is like we didn't we didn't. do that stuff right chicken salad. sandwiches so cheap so easy now we're at. the point where we are doing a lot more. eating at home by by meal planning she's. come up with a great uh way I hope but I. mean I have the most recent spending. statements how much do we think we spent. on fast food in the last month oh $800. I'm just giving a rate ton of money $800.

ridiculous amount of money probably. spend way too much a lot more than we. should think. what do you In one month I would say. about 400 bucks because groceries every. week is three to 400 I would say for and. then we also eat out $400 for fast food. 400 bucks. What do you think? Yeah, I'd. say about 1,200. What? For food for No, for going out to eating out. Yeah. Yeah, I would say that 400 1,200. Where is the. difference here? Do you just like not. know her spending or she thinks you.

spend a lot? What is happen? Maybe I. don't know how much we're eating out. I. I know we're eating a lot. I just don't. know what the price looks like. How is. the How are we so separated? Cuz that's. actually kind of concerning. It's not. that oh, you don't know the number. My. concern here is that we are so far apart. on what we think is happening that how. can we ever budget as a household? So, how how is there so much separation here. in terms of what you think is going out. to eat spending? Well, cuz every time we. go out to eat, it's between like $40 and. $100. So, I'm just thinking if you're. going out multiple times a week, it adds.

up really quickly. So, in one week, I. bet we would spend 400 on going out to. eat. That's Is that not insane? Oh, god. I mean, it's not good. So, she might be. She might be right on that one. I'll. give you that. That I'm probably way. lower. What is it? I think $800. $1,542.74. I win, but at what cost? Yeah. Uh, at. the cost of uh being able to make three. minimum monthly payments on one of these. Navy Federals, that's a lot.

Yeah. interest charged on here this year. so far. Let's add it to the tally. $9,1359. Well, what was that? That was the. interest. It's the interest that has. accured this year so far in that. So, we're at approximately $2,000 for just. two cards we looked at that you guys. have lost this year so far. You 900. I. heard 9,000. Okay. Oh, I may have. accidentally said that. $900. 913 59. All right. Okay. Which is insane. Okay.

I mean, I'm being told, you guys also. told Lindsay beforehand that like the. kids are picky eaters, so eating art is. easier for them. I mean, this is like. Yeah, it is. It we again, we went lazy. We went lazy. But I do really think that. this is a change. That's just going to. fully enable that for everyone. No, but. I think this is a change we could make. to buy groceries and cook more at home. It certainly could be, but we spent. $1,500 last month, even though you said. we're already making changes. So, the. changes only started within the last. couple weeks. That's what always happens. before people come on the show. They're.

like, I'm going on the finance show, so. I'm going to look good for a second and. then they maintain it for like a month. and then so it's like if you guys. actually stick with it, the median guest. on the show pays off 10,000 in 10 months. and you guys have a better income. situation than most people in this. country, most people on the show. So you. guys caning rock this if we actually. discipline. Um, obviously we'll get you. the cookbook. Is this Well, you don't. even need the budget friendly meals. That's just for people that like meet. the median. You could double that. your. grocery spending a lotment could be.

great. Like I don't know. I would like the cookbook. Well, I we'll. get you a cookbook. Thank you. We're. having some weird printing issues with. China right now cuz um you. know everything going on. But yeah, we'll get it to. you. Okay. And other than Navy Federal, what the. what even Oh, this looks like maybe a. car. It's a $38,39.40. Oh, that's a home equity um loan at.

7.45%. What is that's that's barely even. keeping up with the market. Debt. consolidation we took out in 2023. We. did we we we took that out, paid off all. the credit card debts and stuff we had. Obviously, not the the the vehicles and. the house, but we use that to pay it. off. And then we just did we didn't. change our life at that moment when we. paid it all off. It was nice. It was. great, but we did not change any any of. our lifestyle at that moment for for. moving forward with it.

So, here we are now, even back up to. what we were when we had that. consolidation. And the house, do we even know what it's. worth today? 31700,000. We do. How are we so on the dollar? Um, well, when we pulled the statements, it. gave us the home value at the bottom. When was that? That was about a couple. weeks ago. couple weeks ago. So, it's. got about. 100,000 in home equity, but with the. loan, I only consider it like 66 or 60.

And this means all the debt we're. looking at today is only a year and a. half old. Yeah. Sort of. Yeah. That's. insane. You know, we've talked about. $44,000 of credit cards so far. Yeah. And we're not even halfway through. Yeah. I don't even know if we're a third. of the way through. I don't think we. are. And they're saying that your cards. were completely paid off after you took. out this guys. That's. insane. That's insane. That's not a that. Okay, even more than before. I'm extra.

convinced that this is not sustainable. cuz I don't think this is sustainable. for just another 9. months. I think we're there. We're. basically at the peak. This home equity. was just That's crazy. Okay. So, this. was we have a balance of. $38,39.40. Okay. And it is a minimum. monthly payment of. 50456. Interest.

$967.70. We're at about 3,000 hours um. gone from you guys. Yeah. These numbers. are going to require that I take a ton. Okay. It's good for your health. Is it? I don't know. Stress. Stress of your debt. Sorry. And you guys didn't even have car. payments at the time of taking out that. loan? We did. No, we did. We did. We. didn't put any of the money towards the. cars because it went to all the other.

stuff. So, did you have car payments? Yes, we did. Okay. We each have a car as we asked, I. think. So, yeah. Yeah. Yeah, we had we. had car payments at that time. a Chase Amazon card. Oh, for sake. Here. we go. No, that was that was me. So, we. live right next to a a distribution. center. You can like practically see it. from our backyard. We can see it and and. honestly, when we need something, we. order it, right? Uh it comes right away. What's right? Like within like less than. a day. I can order something right now.

if I really want. And if it's something. that's a popular thing or very quick to. do, I have it by tonight. Yeah, us too. Normally that's in a big city. Away and. going to driving away and going to a. Walmart. Same day delivery is how Amazon. works for most things for major cities. Yeah. I don't think it's cuz you live. next to a distrib. It's because you have. a distribution center in the city you. live in. We we we use it a lot. We use. that ability to buy a lot of things from. Amazon a lot. Which gives us the uh. honestly again click click click click. click. the amount of resistance that.

there is, the friction between. purchasing something on Amazon is so low. that it's just probably getting you. guys, especially using the logic that. you use of the distribution center, even. though that's just like what we all do. in major cities. It's like that's is. making you spend more than you even. would if we're being honest. 48 only the minimum payment made of. course. New balance $3,2927. $6322 of interest acrewing.

$46.87 cents of purchases and a. $96 minimum payment now it's gone up. because the balance went up. Do you guys. share the same Amazon Prime? Yes. Okay. Someone pull it up for me please. cuz. it's Amazon. Amazon Amazon Amazon Amazon. Amazon Amazon Amazon Amazon Amazon. Amazon Amazon Amazon Amazon. 200. We've had a late fee this year. Oh. Oh, for sake. Neither of us even know.

this. For which one? Amazon card. This. was before the automated payments. Why. weren't automatic payments happening? We. did not set it up when we first got the. card or during the setting of the card. We were just going through our Excel. spreadsheet, going to there, logging. into the account, paying it off. There. was a point when Yeah, I do remember. that that we just didn't set it up. All. right. After that situation, we paid it. We paid the late fee. We did pay the. late fee and then we got back onto the. to track of paying the minimum payments. and then we did set up the automatic. payment for it. So, that is now on an.

automatic payment, but we just didn't do. it back then. Oh, [ __ ] sake. Okay. Uh, we. have Dude, I don't even know what the. this is. I know. stakes. Stakes for. outdoor piece green artificial Yeah. stakes. We have dogs um that are digging. and stuff like that. So, we bought some. some fake turf to to hide the the mud. areas. So, uh zone protects no holes. digging. I I see valve box thing. More cover things. Magnet door anchor.

Anchor gym door anchor. Yep. Stuff for. the home. Anti-fog cleaning kit. Plastic. drop cloths. I feel like guys, I. recognize this kind of Amazon and I. think we've all been there here and. there. This is the go buy anything bull. Amazon. This is the I need this, I need. this, I need this. This is. the all within a few days. Easy car seat. buckle. It's like we need. everything. Throat drops. Fit simply.

resistant loop. Sharps container. Gymnastics bar. There that is. Sticky. card plug. Sticky card. plug refill. I don't know. Oh, it's the. fly thing. Fly. Yeah, fly. Salt and. pepper. More artificial turf stuff. So, we're really booking that up. Penguins. for kids. Penguins in Antarctica. My son. has the original stuff. That was a. school project. Penguins National. Geographic. Go to the library. That's a. good experience for kids, isn't it?

Penguins, the ultimate guide. So, we're. just buying all these penguins books. permanently. But now we know about. penguins now. has lots of information about penguins. and I'll suddenly 180 pocket card. binders explore my world. penguins pean two pack dance ribbons. novelty place 10piece dance. uh gymnastic thing more there's more. turf stuff and gymnastic shirt and. 12piece do we understand we're spending. here guys like even if yes I can see a.

lot of this being justified this is look. at the number that is adding up and if. we're going through it in in your gut. But how many of these things are like. we're like, "Okay, if we didn't purchase. that, it's not the end of the world.". There's going to be probably a handful. Yes, I will agree with. Yes. Shiny. metallic, you know, things. A lot of it. Yes. I I we will card binder stand up. for a lot of their stuff that we had. bought cuz it's what we needed and stuff. like that. Yes. I'm okay with that. But. there's some stuff that probably Yes, we. probably didn't need to get. I can It. was a good one. I can logically see a.

lot of purchases here. Yeah. But I know. for a fact as we go through there. whether or not if we like look back and. we're like okay I could have lived. without it. There was a lot of it. because all I know is we've lost. $22911 in interest this year so far in. this card. Had a late payment on this. card. The balance is only going up. The. minimum monthly payment's only going up. We are losing more and more and more and. our minimum payments are getting to a. place where if you want to continue your. lifestyle with these minimum. payments mathematically it's impossible. Again we both have the access to that.

we both can do exactly what buy what we. want at at the moment that I want to buy. it. 23% interest rate the things that. you're buying. So that's you're paying. an extra 23 23% fee on everything you're. getting. Honestly, if you want to look. at it that way, I didn't makes sense. now, but I didn't think about that way. This is more Amazon purchases and this. is it's brutal. And you're probably. you're getting a 5% cash back, but. you're paying 23%. So it's like Yeah.

You're losing 17. This is priorities at. that point, you know? Mhm. Well, priorities are all messed. Yeah. Well, I. don't I don't agree with that. But. go on. I don't think my priorities. are personally. You mean financially or financially? When I I am not talking about the way. personally or or familywise together. I'm literally just talking about.

financially. Financially, we are. financially we have not been doing it. We have not been No, I don't think we're. that's all we're talking about. That's. all. It's so fixable though. Literally, you just have to make life here. But we. didn't we didn't make the fixes. We. didn't make the changes. I feel like. financially. is having no money coming in and all the. money coming out. All the money's going. out plus 24%. Okay. Well, that's true. Financially is Okay, listen. Again,

higher income people can get to a worse. place because on paper you can qualify. for more debt, getting yourself in a. worse hole than a lot of people have. done cuz that's where we got the Amazon. card. That's where we got the other. credit cards, you know, the the the. rooms to go, which we bought furniture. with. You know, like if you say it's so. easy to get out of debt, why haven't we? Why last time we get out of debt we had. to take equity from our home? If it's so. easy, then why are we here? Okay. I didn't say it was easy. I don't think. she I said it was fixable. She said.

fixable. I If it's so fixable, then why. haven't you? We do. Get that nail and. hammer. We didn't change our lifestyle. Yeah, I think it's a lifestyle issue. It. certainly is. But if it's fixable, why. aren't we fixing this? I think we just. needed to both want to fix it. And I. think we're finally at the place where. we both want to fix. I don't think you. actually want to experience things. because you would experience it if you. wanted to experience things. I don't. know what you're talking about. I. certainly hope so. This card is at Go. on. Nope. Sorry. The synchrony card is.

at. $3,436.70 with a minimum fee payment of. $185. What's going on with this card? Which. one is that one? This furniture. Oh, furniture. Furniture. So, I had a. surgery last year. All right. Situation. on my shoulder. Uh, so one of the things. was recommended was getting a recliner. Um, cuz his arm was in a sling. So, hey, you find a recliner you can sleep in, right? We don't have recliners. We have. couch and, you know, the bed and stuff. like that. So, uh, went ahead and bought. that. We also renovated our daughter's.

bedroom. We've done a lot to We've done. a lot of renovations to our house. Okay. Over the years. Um, but if you cash. flow, I'm okay with it. Okay. But. flowing. We didn't. Um, and with rooms. with rooms to go specifically, um, we we. paid for her big girl furniture, her. Yeah. her entire bedroom set of. everything that she named for the big. girl stuff. So, that was another the. conclusion. Uh, the recliner and, um, that's it. That was it. Yeah. Um, now I. will say looking back at it now, the. recliner was a lot of money. Yes, the.

recliner is a great chair. I ain't going. to lie. The chair is phenomenal. It's. massagering. It goes back. It's. electronically. It's amazing. Could we. have gone with a smaller one and a. cheaper one? Maybe. But at that, I'm. going tell you right now, my mindset was. set on that that that recliner. And she. did I do think she did show me another. recliner that was cheaper, but I didn't. like it. The thing is, you're in an. income situation where you should just. be able to get that. But you're living a. life around it that makes those. purchases. detrimental. Well, that's what we did. I.

I think the interest rate is the highest. on this one than all the others. No, the. interest r. I thought it was 35%. No, it's zero on. the furniture. Yes, dude. The thing is. it is right now zero. For the vast. majority, it's at 0% until paid off. If. we don't pay it off, if we don't pay it. off, then then that's what is that's. what we're talking about. So, well, for. for $629, whatever that purchase was, that expires in about a year, the. interest rate period. The $2713 and $92,

that those ones never expire. Those ones. are until paid off, which as long as you. make your minimum monthly payment 0. It'll probably bump up to like 30% sure. that 629. I guess we're going to pay. that off. Yeah. But your minimum payment. is just another addition to the stack. It's $185. Okay. And we have in the note, I mean, I don't. know if you were there for this part of. the call, but she specifically said to. Lindsay that you milked your recovery. Oh, I did. He did. And he'll admit it. I.

will admit it. I I I milked it. I took. the surgery, everything I could with it, right? I made sure I relaxed. I make. sure I I was, you know, how you doing. health-wise? Take it easy. I'm doing as. good as I can for somebody who's about. to retire. No, he is literally break. Okay, I will say he milked that, but in. general, his whole body is breaking. Do. not let this man fool you. Constant back. pain, constant shoulder, but he. actually, I think, needs another. shoulder surgery on the other side. On. the other shoulder, again, they covered. by the males here, but that doesn't.

Yeah, that's nice. Great. It's. wonderful. But again, my body my body is. breaking. I mean, he's been wearing the. duty belt for over 20 years and standing. watches. Why did you want to go go so. long past the three years? Three years. Because you've served for uh a decade, right? I'm at 20 years now. So, why did. I want to go so long? Yes. 30 years. 20. years. Why Why have we decided to go so. long? Especially with, you know, starting the feeling of needing surgery. and all this stuff. All right. Let's be. honest. Making videos sounds really fun. until you actually try to make one.

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my dad was was an army guy, right? So he. did 10. I wanted to do more than him. Uh. at that about that 10 year mark is, you. know, when when we got together. Um and. at that time, I wanted to get out. probably my entire career. Probably. every single re reinlistment I wanted to. get out, but I just stayed because. whatever. Hey, I need I'm going to stay. for a little bit longer. I can do it for. a little longer. And then we got. together. She was in the military. I was. in the military. We stayed together. We. got to that point where now, you know, okay, 14 years now. Okay, great. What. are we going to do? We're going to stay. in. She got out and I'm like, "Okay, well, I guess I'm in it for the wrong. Well, at that point in time, I was in.

until I retired. All right, now I'm. done. I'm done. I'm I'm I am How often. are you away from the house?" Like. deployed. Um. not away from the house anymore. Uh I. did go away for a whole year and a year. and a half to Poland. Um they I got. stationed in Poland for the year and a. half and that was about 21 2021 2022. Um. so I was gone there. So, when I came. back in 2022, the end of 2022, that's. when, you know, all the stuff, you know, we started buying the the cars and the. stuff like that. Uh, renovations of the.

house, things like that. So, yeah. So, that was the last time I was gone uh for. the longest. Since then, I'm not going. to be gone except for, you know. Are you. going to do anything afterwards? What do. you want to do? You don't have to, of. course. No, I don't have a I don't have. a drive anymore or a desire of what I. want to do after the military. Um, what. I want to do is is support her now. because she's been supporting me and. doing and moving with me. Um, so for her. PA system, PA program, whatever whatever. program she gets accepted into, obviously we're going to have to move to. um or stay here in San Antonio.

hopefully. Um, so if we end up moving, then I will find a job in that area for. something I want to do. You have a. YouTube channel? I do have a YouTube. channel uh that I like to get going, but. it's not it's you know, it it takes a. while. What do you do? Yeah, it's. brutal. I play board games. Oh, I love I. play board games, which I will tell you. a lot of my money also went into my. setup, you know, so I understand the. system and how it goes. Bad way to do. it. Well, that's what I did. Um, and. it's in my extra bedroom. So, you know, I'm okay with that. It's the people that. throw all the money in up front. Just.

start with the I learned the lesson the. hard way. I tried my stuff. I'm, you. know, I was at least you had the budget. to do it. Well, at the time probably, but obviously now looking back I didn't. Um, so yeah, I have the YouTube. That. would be nice to do, but I ain't going. to be that ain't going to be a career. That's not going to be something I can. make money in. I know they're very. generic, but I'm a big risk and Monopoly. and Katon man. We like. Katon. No one will play Risk with me cuz. everyone hates it. Same with Monopoly, but I love Katan. Katon is great. Okay, I have a Wells Fargo card. What's going.

on with this? This one looks like this. is a 0% as well. Yes. So, that one our. last Was it last year or the It was last. summer. Last summer in the middle of the. hot heat, our AC completely broke and. went went to crap. And that was. literally 8 months after the um Why. wouldn't you guys have an emergency. fund, though? You guys do so well. Well, we didn't. So, here we are, you know, literally 8 months after the warranty. went away, which we didn't know that. there was an extension or anything we. could have done, right? So, it went away. and they're like, "Oh, yeah, you're 8. months past. You can't do anything about.

it." So, we had to buy a whole new one, right? In the middle of the hot hit. summer, found the she found and she did. all the work on this one. She found. Wells Fargo who was able to give us a. good deal on that as best as possible. with 0% with 0% because for 72 months. but you're not making the payments. necessary to pay this off in 72 months. The minimum payments are too small for. that. I think I think it as long as we. continue to pay toward it, we won't ever. have an interest rate on it. I think if. you if we missed a payment or something.

like that. Yeah, that might Yeah, if you. you'll get a penalty if you miss a. payment. Yeah, it'll be really high. interest and of course we've missed the. payment on the Amazon card. So, it's. just like historically looking, you. know, makes me a little nervous. That is. one of the ones that's on our radar that. is make sure we always pay this one to, you know, first, you know, so that is. something of our knowledge. Minimum. payment. $6742, 5 years to pay off. So, we're. going to have a minimum payment for 5. years. Not a huge minimum payment, but. it's stacking across everything. Of. course, that is 5 years to not have one. [ __ ] up. And that up, by the way, it can.

be not you guys forgetting cuz you have. it on auto, but accidentally having less. than $67 in your checking account and. the payment bounces, then boom, right? And we know we get down to 100. often. So, this is not risk-free for 5. years. True. I don't want us to think. that this is just boom, set, done. No, I. didn't I didn't think about that way. That that's true. Okay. I didn't think. about that way. That's that's a good way. to cuz I would not have thought about. that until it happened. So, and if that does hit, we're looking at.

29% interest on that. All right. It's. brutal. All right. Cherry. What's. cherry? Uh, that's just a medical cost. Okay. So, something that wasn't covered. by the military, right? We're looking at. $3,263. Minimum monthly payment. $251. Okay. No interest. Okay. just added to the minimum payment pile, right? Yep. Yeah.

Cars. Here we are. We have a Ford Escape. 2023 at a 7.39% interest rate. So, you. know, especially taking account. depreciation, certainly not keeping up. that, you know, money in like a. marketplace. So, you're losing money. overall. Yes. Uh, okay. So, Ford. Escape, we owe. $25,56.15 with a minimum monthly payment. of.

$66.68. That's a brutal minimum monthly. payment and not a great interest rate. It's not like a, you know, minimum. payment until it's paid off type of. interest rate. Wish I could see how much. went to interest and how much is charged. interest this year so far to add it to. the pile, but I don't think I'm going to. get that. Okay. So, what do you think. it's worth? I think it's worth around. 22,000. I'm seeing actually 27. Oh, great. Well, that's nice. A rare case where it's had.

had value a little bit. Have you thrown. in? How much did you put down on it? We. did a tradein value. I had a Nissan. Rogue 2017. So that's probably why. that's why it's allowed you to keep it. We will we'll point out that I'm going. to tell you that at that time when we. bought that car, her Rogue at that. moment, the entire Yeah, we paid off, but the entire uh AC in it during the. summer time frame uh broke. That's a. relatively okay fix, though. Well, we. decided at the moment, okay, we're going. to trade it in, right, cuz we've got. some value on it, and we'll get her a.

brand new car that we won't have to. worry about this come next summer and. next summer and next summer. So, we went. ahead and bought that purchase, right? Never had a new car. I've always had. like beers or things that I could pay in. cash. But there there is a separation. There's there's a middle ground. Yeah. We can get a $15,000 used car and it's. okay. Well, no. Again, first time she's. had a car that wasn't a beater or a a. used car or something. So, we went and. we and I got we splurged. We we we. obviously, but it's because you guys are.

willing to splurge in everything you do. in life that we're not and cars are not. a [ __ ] cheap thing to splurge on, right? You know, see that now hindsight. Yeah. But like I don't care if like we. come from, you know, being up cars. Math. is math is math is math. It's not a. feeling thing whether or not we get a. brand new car. I'd suggest until we. fully get out of debt, which for what. it's worth, a year and a half ago when. you got this car, you were kind of out. of debt. But this going to put us back. into debt again. And so it's like it's. this is it's a weird situation. Yeah.

I don't know. And it just adds an. intense minimum monthly payment. Yeah. My monthly payments bad. Can't wait for. you to see his truck. I can calculate is. kind of how much has gone to interest. this year so far. Oh, his truck. Great. Yeah. To lug around all your I don't. know [ __ ] predator drones. I don't. know. What do you need? We used it this. week for trees branches. We cut down. So, actually the truck is coming. Yeah, but you could have rented a truck for. that one time thing. Yeah, but you never.

know when you're going to need. something. So, the truck is coming in. handy. You can rent a car. The truck is. coming in handy like that. It was nice. And we're in Texas. I'm I'm going to say. we're in Texas, right? If you don't have. a truck, you're wrong. Okay. Okay. If. you don't have a minimum payment that. you can't afford in a car that you just. use to hold groceries once a week, you're wrong. Wrong. Yeah. I'd rather. have a car that goes fast. Well, I. don't. Well, you don't have kids yet. either. I like to have That's true. You're right. But mine fits more people. anyway. M and it goes faster and it's.

smoother. Mine's nice on the highway. What do you drive? Tesla Model X. Oh. Oh, that's nice. Can't get a Cyberch. It. also drives for me. I'd buy a Cyber. Truck. Too small on the inside. See, that's why I bought a Ford. Yeah. Well, it's about as small as a Ford in the. inside. Still too small for me. It's a. nice truck. Okay. Well, you've lost $462. in interest this year so far for me. Okay. Or for the uh for this car. For. your car. Yeah. Okay. So, our grocery hauler, the.

truck. Oh, good. A minimum payment of. $1,229 to go to a military base. What. the are we do? This is insane. Come on, guy. This is crazy. I just got back from. overseas. We only had the one car. I. needed to get something. Cool. Get a. car. Get an SUV. I don't care. It. doesn't matter. Get a used truck even. It doesn't matter. I got back. We did go. look at trucks and stuff like that, the. used ones, CarMax, things like that. Nothing was catching my eye. We went to. Ford. Who cares? Well, we cared at that.

time. Obviously, this is a great truck. It's a brand new truck. It was the first. time I just got back. I needed something. immediately, right? We got it. And look. at the the interest rate on that is. extremely low. 1.9 1.9. So, I took the. opportunity. How much did you put down? Uh, I I don't remember off the top of my. head. I don't know. Maybe a couple. thousand. Yeah, we appreciate about. $1,000. Uh, well, no, no, more than. that. But you're underwater by a. thousand. It's not crazy. But we did we. did put some down. I don't remember what. the price was, but again, I got back. I. got the vehicle really quickly and we. actually needed it immediately as soon.

as we did it because we were going, you. know, traveling something and it worked. out phenomenal. And we drive a lot. It. did. But again, like when I need a big. truck, I rent it and it doesn't cost me. $1,229 a month. I'm going forever. I'm. okay with the interest rate. However, as. the the value of this is going to go. down substantially further, quicker, you. know, especially we get closer and. closer to a normal car market. This is. Okay. Well, that's a nice job. I like. Okay, great. I'd prefer financial. stability personally. I don't I don't.

know. Maybe it's just a preference. thing. Okay. You disagree? No, I I'm not. disagreeing. I'm just It's in the past. It's already happened. Yeah, but you can. sell it right now. And I would. I don't see that happening. Yeah. Well, there's this is what we talk about. sacrifice. I would sell both cars and. get like what? Like a used Yeah. A. 20,000 hour truck will still be good. It. doesn't need to be the pretty truck that. all the guys jerk off to at the. stoplight. It doesn't matter. Who gives. a [ __ ] If we're talking utility, cuz.

that's what you've bragged about it. being used for. Then be a real man and. just get a truck for the utility and not. toing goon to. I'll look into it. I. mean, I look into it, guys. We can cut. our debt and minimum payments like crazy. by you selling your car cuz you have an. equity position. You selling your car. and we can uh borrow the difference or. even just trade it in. You get a $20,000. car. You get a $15,000. car. Great. We just cut this part of the. debt substantially which is a.

substantial part of our debt. Maybe. guys, it is still worth it. mathematically. And this is just we're. just talking sacrifice for the sake of. house. If we want to do more things for. the kids, cool. Sacrifice the car. Like. come on. We $20,000 is not going to be a. bad car. It's just gonna have some miles. on it. Might have like five year. outdated internal screens. It's not bad. Never thought about that. We can take a. look at that and see if that's something. that has Please do cuz229. That's a disgusting minimum monthly.

payment even at the interest rate. Actually, if you take in account the. interest rates, that's a disgusting. minimum payment because that's with a. low rate. The truck is taking 11% of our income on. a monthly basis. 11% is just so it can. sit in the driveway the majority of its. life. We'll take a look at it. We'll. look at it. And that's not a push it off to the. side. That's a we we'll we'll. legitimately take a look at that and. see. I really do hope so. It's more the.

minimum payment that terrifies me. Okay. Just imagine what that could be doing. towards our future, towards whatever. that towards I mean I had a note that I. kind of read at some point towards the. beginning that said you guys want to go. to Disney that could cash flow us to. Disney pretty quick. That is the goal is. we want to get to stabilize so that way. we do have family trips once a year. Priorities where's truck or Disney? Which one's more important if you had to. pick right now? Truck or Disney? I mean. a family mature trip would be wonderful. Then let's do that cuz this can cash.

flow a Disney trip in, you know, a few. months. Never even thought about that. honestly. That's and that again that's. why we're here cuz we're not the. experts. We're the experts of. I was like where are you going with. that? We're the experts of not being. experted. So we have a mortgage. 2213,000. Yep. $77. Love the rate 2.75. It's. wonderful. We financed it um back in a.

home equity loan of 7.5. So yeah. Oh, that too. Minimum monthly payment. $1,290.64. Of course, now we add the. additional monthly payment of 54 and the. equity. But. yeah, and then of course we have nothing. to show for it cuz all the debt is. racked back up. Yep. Uh wait, actually, let me get back. to that truck. I know it's a bit I want. to get this interest. Sure. I'm curious, too. This one's lower. Of course, we.

know the interest and vast majority is. going to. principal. This is zero. So. far, we are talking well cuz the balance. is so big. $26,280. All right, it's good to know. Mortgage. So, yep. Okay, let's see what. is going to. interest. Let's add it to the interest. column. Interest on this so far, $1,953.

20 cents this year. Okay. We are expected, of course, in a. 30-year loan to have more interest hit. up front. Same with cars and everything. earlier in the loan. More is going to go. to interest than principal. Okay. Is. that all your debt? I think so. Yeah. Debt, I believe. Yeah. I don't think. going through that's what we all are. able to to calculate, put together. So, okay. This year so far, $5,75248 has been taken from your hands.

in just interest because you guys are. holding the debt. Sounds like a pretty good chunk of a. Disney trip if I've ever heard. So, would another home equity debt. consolidation be something to look at or. absolutely not? Why the would we if our. behavior was not fixed last time and. we're back into this position? We add. another debt again, double that debt. from last time, then boom, get in this. position again. Do we just keep doing. that? That's that's the question I have. by only allowing consolidation and or. bankruptcy even. No. Well, either way is.

those are applicable if you can prove. you've changed your behavior for at. least 6 months. If you stick to a. hardcore budget, you are paying off. debt, you are going intense, cooking. from home, cutting back on the bull for. 6 months and you've proven you can do. that, then I will. And if you do it for. a month, that doesn't count. You can do. anything for a month and then fall back. I think I that's a that is a true story. Definitely get that's a true statement. Uh in the uh definitely sell the cars, that's for sure. Downsize the cars. You're not going to get bad cars.

Checking out to Okay, we'll look at it. Checking it. $1,834. Saving 645. Was the. savings? Yeah. Apple YouTube membership. better be ours. It's not. You're not a. fan. We have the best YouTube membership. on the entire platform. You know, the. platform told us that themselves. They. tell everybody that. No, they tell us. that cuz we're in the top program and. they have the insights to everything. Okay, good. Well, I would share more, but I'm under an NDA. Okay. But no, they.

do not tell everybody that. We offer. more content than any other YouTube. membership. Okay. Uh Patreon, same. That's me. Yeah. Y What's the YouTube. membership? Super Carlin Brothers. Yeah, I think Well, I think Okay. I don't know. if you ever heard of them. Apple. Apple. Apple. Marble Slab. Seas Candles. Venmo. Papa John's. Yep. And other you break fix. Like do we go. there like we were breaking? No, we got. our kids iPods. Oh, good. iPads weren't.

enough. Well, it's because they're on. the bus and they my daughter my daughter. was getting bullied there and I thought. it might help to have headphones on and. just listen to music and zone out. And. then like when we got them off eBay, the. battery was really horrible. We had to. get it replaced. Where'd you get an iPad. on eBay? iPod on eBay. They don't make. them anymore. I thought they came out with like one a. couple years ago. No, there's no more. iPods. It's only iPhone. So, we we our. children are too young for phones. We. want to give them phones, right? Too. little. Figure something that they can. have for uh music to to help my daughter.

and my son just on the bus, right? To. and from work. Uh school, sorry. Two and. they don't have phones yet, I assume. No, they've got no phones. No. But the. iPods they have is the ability to listen. to the stuff to stay away from, you. know, just issues on the bus, right? to. keep them distracted to get them to uh. point A to point B. Point A to B without. you know being part of you know the. issue that they were having on the bus. Yeah. So that sucks. Grade school kids. and kids are mean. Yep. You call the. Yeah. Uh 2019 an iPod Pod came out. Oh.

wait. Yeah. Yeah. I think that's about. Yeah, that's when And that's I think the. latest one is the seventh generation, but they still cost the the the high. price that you would think it would not. be. But they they came back. We had to. get the new batteries just so they. wouldn't die. And then and then there's. more PayPal transfer. PayPal transfer. Broadway. Nation. More Broadway. Nation. Barnes & Noble. Smoothie King. You guys just go out all the time. Teier teira. Alcharo.

Cash app. Kohl's. Steam games. Elquila. Yeah. Red Robin. McDonald's. Etsy. World. Market. PlayStation Network. PlayStation. something. Steam games. Victoria's. Secret. It's just we're just blowing. money and not all that's on kids. Nope. We're also spoiling. ourselves. Oh, it keeps going. I keep. thinking it's done. Steam. [ __ ] MJ. Lacant. MV YBA. MVYBA. Softball for the.

sun. Oh, free spirits. Van Mooney. KFC. Cook Unity Inc. Um, just cook. Just. cook. just cook. Okay. I do a factor. sponsorship here and there and it's. great for people that can budget in, don't have debt, don't have a fully. funed emergency or who have a fully. funed emergency fund. 47 Brand the. baseball thing, Apple Huff Gold, Venom. Money, Sonic Drive, Venom Money, Amazon, Apple Builds, Texas Roadhouse, eBay. Commerce. Oh my [ __ ] What are we doing?

This is so much. This is so stupid much. Game toppers, Cherry Technology, Amazon. Well, this is a minimum payment. Amazon. Amazon Universal Cash App Amazon Cash. Apps Entertainment Entertainment Apple. Bill Cash App Entertains Entertain What. is All the Iss Entertainment. My son's. birthday party. Oh my gosh. It's every 5. seconds though. Ours entertainment. Ars. entertainment. It's hundreds of dollars. Hundreds of dollars. Oh, that's crazy.

Free spirits. Lock wheels. Uh Lock Block. I don't even. know. Disney Plus. Free prints. Venmo. First Course. Free prints. Apple bill. Apple bill. Peter Piper Pizza. My. goodness, I haven't heard that name in. forever. Peter Piper Pizza, Microsoft, more Patreon, eBay, Candace. International or something. Click Pay. Champions, Pokemon Champion, PayPal. Money, Divine Acres. Again, we are. prioritizing over this our life. Prioritizing this over comfy furniture. for after surgeries. Prioritizing this.

over Disney, over debt payoffs, over. emergency funds, Divine Acres, Venmo, Fablettics, tequila. Yeah. L Mexican food. restaurant. Chili's tequila. Mexicana community. J C J C J C J C J C. J C J C J C J C J C P Penny. Oh my Do. you guys not realize how insane this is? This is one month. One month plus. everything we've already gone over. This. is crazy. Nitto, Jack, Lackland, Jambo Juice,

Raising Gains, Apple Bill, Venmo, Clay. Casa, Brew House, uh, Minimity Payment, PayPal and Out, PayPal and Out, Apple Bell, Medina. Valley, Canina, Vending Machine, Crispy. Cream, Etsy's Olive Garden, Cook Unity, Jimmy Johns, Jamba Juice, Apple, Apple, Smoothie King, TJ Maxx. That's [ __ ]. insane. Yeah. spending 78,000 hours on bull when. we could have fully we could oh my the. amount of money that we could have put.

towards debt was crazy absolutely. crazy could even afford your truck. almost you know $600 in savings we're. doing all that well we have $1,000 in. savings there $600 in savings there are. children they're they're children's we. are trying to set them up for for the. future stuff so we are using what $1,000. yeah we started. I don't know if that's the one you're. looking at, but we have a high yield. savings account for each of our kids. I. think they each have like 1,200 1,400.

We put money towards it every year. Small amount small amount money towards. it. It's going to build over that. They're not going to get that until. they're a lot older. So, it's a high. yield savings account. What's the. interest rate on this? Uh, well, we get. like a 4.07 dividend. We got it through. Navy Fed. You can put it in a 529. At. least that's it. Like, it's a tax. advantage. Specifically for just. education, right? Use it for education. We want it for like if they want to buy. a house, but they can still pull out and. pay taxes on that. At least they can. well probably if it's going historic.

market trends get 8 to 10% instead of. 4%. Plus, as interest rates go down, which now that you know trade. negotiations are being done a bit more. and you know interest rates might go. down. Oh, what was this called? You said. a 529. It's a tax advantage plan where. you can put it in there essentially. taxfree. Let it grow in the market. You. choose the investments of choice and. then they can pull it out tax-free. for school educ anything education. related but if they don't pull out for. school no it can it can literally be. used in high school for sporting things.

in school related it can be used. anything school related okay I just. don't like the restrict but I get it but. that's why it's tax advantage where. you're only getting 4% if interest rates. go down this could go to 2%. Well we. have it locked in for two years at 4%. Big [ __ ] okay but I'm listening. Okay. Okay. Okay. I'm just saying just. explaining why we I get it. I. understand. But it's only again it's. $1,000. You could have this could easily. have been $50,000 per kid by now if. that's what we were prioritizing. Easily.

by the time we're where you guys have. been and where we are. Maybe $25,000 per. kid. Okay. I'll go with that. Yeah. Yeah. Okay. It could be stacked. And you. guys cannot spend money on birthday. parties or fun until you have a fully. funded emergency fund cuz how are you. guys going to pay for a big expense when. that happens? a kid goes to the. hospital, you know, breaks a limb, whatever. Who even knows, um, a car a car breaks down? There's so. many emergencies that might not be. covered. Okay. Uh, there are so many. things. That's why they're emergencies.

cuz they're unpredictable. If that. comes, you have $500 saved up or. something like that for emergencies. Like, that's insane. You guys should at. least have $20,000 saved on the side for. emergencies. $20,000 saved. We'll figure. out what is required for you to survive. and then we'll do 6 months of that. I. don't know. I'm just guessing. Uh might. be 15, might be 12. But even we need to. have that before we can even spend money. on funds because you guys are putting. yourself in such a risky position where. you're only going to go into more debt. if an emergency happens. Um HVAC went. out last summer. You had to go into debt. for it. Luckily, you qualified for an.

okay debt, but your debt to income's. getting pretty rough. At that point, credit scores will go down. You will the. you'll qualify to be able to fix. something like that, a new roof or. something that when that happens, maybe. you have to have a high interest loan. for it. You need an emergency fund and h. not having an emergency fund is an. emergency. We uh we have tried that. before in our uh Navy Federal. Yeah. Don't put it in Navy Federal. Well, we. have and that's what we got. So, in Navy. Federal, we put we put different savings. such as the house emergency, the car. emergency, car fixtures is what it was.

called. Uh X Christmas fund, right? We've we've done that small stuff with. savings for Navy Federal. Obviously, it. didn't work because what happens is when. we when it comes when it comes time for. us needing money, we pull from it. Oh, great. We're going to need money cuz we. got this bill coming out, whatever. Or, hey, we're at $100. We need something. Let's pull it from pull it from the And. she asked, you know, which one are we. pulling it from? You know, Christmas. Christmas fund or or a car fix that. Well, that's what we've been doing. That's what we've been doing. If there's. a better way account you can't even. think about. That's a good idea. That's.

a great idea. Like I'm Yeah, that's why. we're here cuz we don't know what that. looks like. We don't know what it means. SoFi account, whatever. Obviously said. don't do Navy Federal Sofi. If you have. access to it like that, it makes it. harder with just your behavior. That's. okay. Recognize your behavior. If you're. an alcoholic, don't have drinks in the. house. If you can't stop eating fast. food Uber Eats, you know, it's like take. a different path home where you're not. seeing the golden arches. So, you just. you put in those mechanisms. It's okay. to I we all have immature behaviors in. different ways. Yes, that's okay. You.

just set yourself up for success by not. allowing yourself. If you're going to. pull for money easily, don't have it. attached to the same account. Okay. Okay. I didn't even realize this. You. know your [ __ ] truck payments as much. as your mortgage. Yeah, it is. That is. the most American thing I've ever seen. And that is not a good thing. That was a good statement. Delinquency. rates on uh vehicles are at an all-time. high. Higher than during the Great. Recession. I don't want you to end up. there. Okay. People behind on their car. payments. I mean, yeah. Yeah. I don't.

want to do that either. minimum debt. payments, not including your mortgage, but including your uh home equity, is. $3,43910. So that alone is 30%. Debt. payments alone are 30% of your income. And keep going down this path, it gets. to 40%, it gets to 50%, you see how we. start missing missing payments, then. cars get repo, foreclosure notices hit. because you have to choose what goes. where. Okay, that's the dangerous path. we're heading down. So, yes, it is an. emergency and no, it's not just fixable.

I need that to be very clear. So, mortgage is. $1,29064. What about gas, electricity, internet, all that stuff? Utilities. combined, how much? Oh, um, on a monthly. basis, I don't know. I didn't calculate all. that. 35 gas for me, 65 gas for him. weekly. Uh, what? Driving. Yeah. No, no, no. Home utilities. CPS. But no, CVS. Um, it's at least 800. Water.

Water for everything maybe. Yeah, it's. it's it's up there somewhere between 8. and 1,000. We had it. We'll call it nine. then. All right, call it 900. 900. I. know some months will be more, some will. be less. Phone bill. It's 114. It's not the worst. I like those third. party services that use the same towers. Like Helium does T-Mobile, Mint uses. something. Um, I would rather do that if. you guys own your home outright, just. while we're in a budget mode. Mhm. So, again, I prefer helium specifically.

But, uh, gas, broom, room, drive, drive. How much? 60 bucks for me. 35 for me. every week. A month. Oh. Uh, two weeks. plus 35. How much a month? How much a. month for the house? So, let's say 400. cuz if we do 100 a week approximately. between the two of us, we'll say 400. Yeah. Yeah. Yeah. Okay. 400. Yeah. Car. insurance 325. We have USA. It's really high. Yeah, it's real. Yeah.

We could do food for Could do food for. a,000. Are we talking We talking. groceries. Strictly groceries and meal. prepping. Honestly, meal prep with the. kids like lots of spaghetti, lots of. meatballs, lots of tuna salad. Not tuna, chicken salad, sandwiches or tuna if you. like. We could try it. Yeah, I think we. can do a thousand. We might be able to. boost that. TP fund. This is sports and. stuff. Give me monthly cost without. purchasing new things. What is needed. for their enrichment activities that. they are enjoying doing? Cuz I want to. be able to budget that in. I think it.

would be probably around 300. Okay. Well, maybe not. Um because Well, I. don't know. Because she's got 232 plus. the private lessons twice a week. She's. trying out for the gymnastics team May. 31st. Okay. What are we thinking about? I don't know. Maybe say 400. Okay. Okay, I'm going to do TP fund is 500. Then I. would say let's see if because it's. Joseph too. Okay. Oh, well if it's 500. no 500 for both children and then I'm. boosting it to 600 cuz it also includes. this is TP fund. You throw those things.

in. They're the extra little things. This is also toilet paper. I'm doing. $650. Okay. Uh you budget those out. specifically more on your own, but I. call it TP fund. It's those enrichment. activities for the kids. It's also your. toilet paper, toothpaste, tampons, everything that's needed, all that good. stuff. Healthcare stuff like that. You. don't really have to pay anything. Okay. Um Okay. Right. Correct. You have no medical bills. Okay. Cool. Uh pets. We have two. Where. are they? We have a white labador. Yeah. With two white labor. They are turning.

one this month. Do we have pet. insurance? We do have pet insurance. What's the monthly cost? It's 115. Trust me, it's worth it. Is it? That's. the question we're going to have cuz she. doesn't want the pet insurance. She. wants me to get rid of it. I have it, dude. Mying just absolute creature of an. investigator up in a dog. I had to take. her to the emergency room again for the. a millionth time the other day. Trust. me, it is worth it. It will save you. thousands and thous especially lab. doors. They like to sniff around and get.

in things. Yes, they do. Trust me, it is. worth it. It It always feels like, oh, do I really need this? And then and then. all of a sudden you see that $10,000. bill to keep them alive because they. something got stuck in their stomach and. it's like that's good to know. Okay. Okay. So, the uh pet food, how much on a. monthly basis? They're they eat a lot. It's 160 because it's two bags a month. That's fine. 160. Anything else that. needs to be in your budget that I have. not put in? Think we have like. subscriptions and stuff? No, you don't. Oh, okay. If you can fit them in the TP.

fund, you can, but if you can't, they're. canled. Oh, we're talking like Netflix, Disney Plus. You're saying those? You. sure are. I'd rather go to Disney than. watch Disney. Have Disney Plus. Cheers. Well, I need to like holidays and stuff. No, hold on. You're saying you're saying. Netflix and all that stuff is guys. These are sacrifices. We're either. sacrificing or we're not. But it also. has to be likeable. I said this is. liveable. People live like this. You are. you I mean that's a spoiled mentality. To not spend money on holidays. Yes.

Spoiled. It's an entitlement. It is not. required for survival. I want you to and. you probably can budget it in. I am not. putting it into the budget for what is. required to survive. Okay. Required to. survive. Okay. Which is how you should. be living until you get out of D. You do. not have an emergency fund to cover. emergencies. If a roof if you have to. replace a roof, you're if you have to. replace a car, you're [ __ ] You're. done. Christmas is not prioritized over. the basic necessities for living and. survival. Okay. I'm sorry. It's just. simply not. And if we're not willing to.

sacrifice that, then like then we're. done. $8,393.74. Again, if you can fit. subscriptions into the $650 TP fund, you. can. If you can't, you cut them and you. have to start prioritizing which ones. you want. Okay? For the money that hits. our account for now until February, you. have an extra. $3,5626. So, this is what I'm going to. do. I'm going to allocate. $56.26 to fund money. Stock that up, use. it for a big trip. Stock it up, use it.

for Christmas or $500 going out to eat. on a monthly basis. Whatever you guys. decide to do, that is what is allocated. So, it gives you an extra $3,000 left. Now, we need to make use of this $3,000. heavily hard before all of a sudden the. income drops by a,000 cuz then we're. only going to have 2,000 left. So, okay, this I would snowball as you guys. did before. I would downsize the trucks. I'm going to assume you do. And I'm. going to minus $25,000 from your debt.

because we are going to downsize both. vehicles. 5,000 for you, 20,000 for you. Okay. Not including mortgage, but. including home equity because it is not. a great interest rate. And then minus that. 25,000, we have a total of bad. I don't think I did the math right. Let. me make sure he did it right. Should be. around 75,000. Is that right? No, just let him. Okay. Let him. Okay. Bad debt is.

$137,000 $170. No. Are you talking about. Oh, this is with cars. That's. considering with you trading down. That's after you trading down cars. Yes, that's right. If you don't trade down. cars, it's $150,000 of bad debt. Yeah, that makes sense. $160,000 just about of. bad debt. Okay. That's really bad. That's really bad. Okay. So, I'm going. to So, it's like 68 and 1/2 months to. pay off or 5 years. That's actually not.

horrible. But, if we have that extra. thousand this year, yeah, I mean, you. guys will pay off if you're actually. willing to sacrifice, which by the way, I gave you a lot of money for fun money. Uh, should take about 4 and 1/2 years to. pay off our debt. And that's with fund. money. And normally, I can't give people. fund money. So, you guys are lucky with. that. I would take it and I would. sacrifice $500 a month. We can still. have a lot of fun on that. Yes, but this. gives us debt payoff in 4 and 1/2 years. But then what we need to survive if we. start Okay, so.

8,393.74 is what you need to survive. now, but we get rid of the debt except. for the. mortgage and you need survival funds of. approximately. $5,000 on a monthly basis. So we need to. save up $30,000 for an emergency fund. Okay, so it's higher than $20,000. That's a lot. But that's. okay. At that point, we'll have a lot of. money we can put towards debt. That'll. take about I honestly think six. months. So, this is going to be a total. of five years. Five years. And you we.

are bad debtree. All debtree except for. the mortgage, which is totally fine. Hold on to the mortgage as long as you. can until you want to move. Okay. So, and then you have also $30,000 six. month. And you guys are like golden. You. guys have no idea what it's like on that. other side cuz you've only ever. consolidated and even when you paid off. debt the first time, you didn't have a. fullund emergency fund. This will be. like something you've never lived. before. And then, by the way, uh this is. without any cost of living increase. You. guys will literally have $5,000 a month.

at a minimum to blow on whatever you. want. If you really want to, I'd set. some, you know, aside for like rainy. days and kids and whatnot. But, um, you. guys are going to have a lifestyle that. you don't even know. But even still, you're living a relatively comfortable. lifestyle until then, cuz I'm giving you. I'm giving you on a yearlying basis. $6,000 to blow. Okay, that's incredible. So, that's what. I would do. I would do smallest debt to.

largest debt. Downsize the vehicles, prioritize paying those off, roll them. over into the next ones. All the minimum. payments that we save from one debt. rolls to the next payment. Okay. Okay. Save up the fully funded emergency fund. Do that. Okay. You guys are going to set. your kids up for success. It's going to. be great. I want to see you guys on the. financial a follow-up channel making. some progress in the coming months. Go. back. All right. I will get you your. hammer financial score, but join us for. the post show. That's where there's. extra stuff that we did not talk about.

for either privacy or for demonetization. or because Lindsay's held something for. T- related purposes. Uh join us in the. post show. The Hammer Elite version is. the best YouTube membership on the. entire platform. The platform has said. that themselves. Make sure you join. that. Really helps support the channel. Thousands of hours of extra content. Hammer financial score. You over spent, so you're spending in a budget score is. 0 out of 10. Your debt, it's brutal, but. no collections, nothing. And for your. income situation, I'm giving a two out. of 10. Don't like the home equity, but. it is what it is. Uh, still have an.

equity position in your home. Emergency. fund, one out of 10. That's what's saved. up is. basically, you know, onetenth. retirement. Well, you guys are kind of. set because of what you guys got going. on, but we just don't have Yeah, I do. have the TSP. Yeah, exactly. Yeah. So, I. am going to give you. a for the lifestyle you want to live. I. think closer to about a seven out of 10. there. It's fair. And then real estate. I like.

the real estate position. Don't like the. equity loan. So, because of that, bringing it down to a six out of 10, but. love the rate, love the payment. Okay, if we didn't have that equity. loan, it would be like an. eight. Hammer financial score rounded up. 3.5 out of 10, which just shows how easy. it is to get out of this situation if. you guys actually sacrifice and grind. and not prioritize your fun. Okay, guys, join us for the post show. We'll see you. there. And again, if you don't want to. be like a guest on the show, download. the budgeting app link in the.

description below. Sign up for the. annual version. I'll send you the. cookbook that can't be purchased. anywhere else. I'll sign it and mail it. directly to you. See you there. I'm. pretty sorry, by the way. What are you. pretty sorry about? I did just recently. buy seven LA Dodger and New York Yankee. baseball caps, and I didn't want to tell. you. Didn't want to tell you the color. I'm talking about. You don't need all. seven. I got it before it got sold out. The anchor that I went on there is a. limited edition. $700 compared to $30, but still, it's the only one that fits.

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