Gen-Z Girl Going Into Debt To Bang Boomers | Financial Audit

my now boyfriend lives with me okay why. why isn't he contributing to rent if. he's living there he had burnt himself. out take a little bit of time take. 42 it is a little weird that a. 40-year-old's not working I kept hoping. that he was going to get his stuff. together but is that not red flags to. you the fact that he's not willing to do. anything. no hi I'm Leah I'm 25 I live in Dallas. Texas and this is financial. audit thanks for coming down to Austin. what do you do up in Dallas for a living.

I am a lead funeral director at a modes. siiz Funeral Home owned by a larger. Corporation you touching the bodies what. do a lead little bit of both we have. kind of a unique situation where we. don't do all of the scientific Mortuary. part of things but I do get all of our. folks dressed I do hair and makeup folks. dressed the the no longer existing folks. yes oh yes so get dress do hair and.

makeup get them in caskets and ready to. go got to be nice and cute for your. funeral yes yeah okay how much do you. make in this right now I make something. like. 2160 I don't know it was 21 and then I. what your hourly is that what you're. saying or 2100 oh $21 I think it's 60. something cents was my raise this year. you started at 21 and then you got up 60. cents for being a DOR director okay um.

how many hours a week do you. work minimum 40 minimum 40 and is there. overtime technically not supposed to get. overtime because corporate doesn't like. overtime oh it's a big corporate okay so. it's not like a small operation okay if. I ever uh have a little uh death in my. young age can you make sure I look. absolutely gorgeous in my casket. absolutely yeah we'll stream it on. YouTube for everyone so you got to make. me look pretty sure thank you okay well.

let me see here then so I had income. payroll. 2559 does that sound about right for. monthly mhm hitting within the most. recent month yeah. okay so with that what did you spend. what was your number. 2,559 came in what did you spend no idea. the always stumps people which is. interesting cuz we've been asking it for. a while so what do you think yes.

well I know there was at least. about what 14 on rent and. utilities so 14 your rent's 14 my rent. is it's expensive for you 1 2 3 4 most. of the time. 1,234 was like the average I want to say. pretty expensive for your income yeah W. working over time well why do you live. in such an expensive place that's 48% of. your net so I would was really rushed on.

finding somewhere and by who yourself. situation what uh because I was living. in a house renting a house with my. ex-husband and our lease was up in. December 25 wow okay and I needed. somewhere to go was this last year yeah. very end of last year what was so. rushing about it was it getting sketch. or like what was happening the lease was. up and I couldn't afford to pay for the. house alone well the lease was going to.

be up regardless you guys just when do. you guys know you're ending things. November wait that doesn't make sense. you said it ended it in September. December oh December so you had a month. about mhm okay people find apartments in. a month you look like if you look crazy. this I'm sure I'm sure life was crazy. through the divorce and everything but. I've found many rents for myself within. a month's time a few weeks time you know. I thought you were talking like a week. cuz that would be rushed but it was like.

the application process is usually. pretty damn quick and it was but at the. same time it was the first time I this. is the first time I've lived on my own. on my own and making sure that single. young woman in Dallas there's a lot of. Dallas that you don't want to live in. and be single young woman alone do you. know the areas for the most part well. there you go then you know to avoid them. so but at the same. time Dallas is.

expensive I don't know what the average. rent is but in general Dallas is. expensive and my bigest how many. bedrooms in your place currently one bed. one bath yes washer dryer hookups was my. biggest thing I assume that comes in. most in a uh well depending where you're. living the hookups mhm in a in a place. like dallo where it's this big urban. sprawl cuz I know more density is less. likely no they want or a lot of the. places don't have hookups they want you. to use their laundry facilities oh in in.

apartment facilities okay well okay I. was thinking more like having to leave. and go to like a laundry ma cuz that's a. lot less rare. today. uh well yeah the. median rent in Dallas for one bed one. bath is 1,258 so you're certainly well. above that even if the upper echelon of. 1,400 you're even above that so I think. I mean you're probably you probably. pretty picky about what you're looking.

for so how long were you. married November of 21 through December. of 23 okay that's pretty quick what. happened a lot of me. saying okay I'll be happy when I'll be. happy when I'll be happy when okay what. was the when and what first win was I'll. be happy when I graduate mortuary. school I'll be happy when we get engaged. I'll be happy when we get married why. are you not happy stressed I could I was.

so very stressed what were you stressed. about a lot of it was finances a lot of. it is General Security I grew up not. like physical Safety and Security but a. lot of it a lot of financial a lot of. long-term plan because I'm the kind of. person that I need some kind of plan I. need some kind of Direction and I kept. hoping that he was going to get get his.

stuff together and at the time that it. was the perfect opportunity for him to. get his stuff together he had everything. laid out in front of. him and he was taking it but leaving me. behind. all okay was this a big dramatic. ending dramatic as nobody else saw it. coming but it was not like a knockout. out brawl it.

was he had seen me pulling away and I. just you still even with a month I mean. you got an apartment that was more well. more than the median in Dallas and. obviously more than you could afford. because it was 49 48% of your net income. are are you is it just you there right. now I'm the only one who's supporting it. financially what does that mean is there. someone else there my now boyfriend. lives with me okay okay why why isn't he.

contributing to rent if he's living. there so he moved down from. Indiana and when he moved down it was. with the intentions of he had burnt. himself out and just take a little bit. of time take a break. 42 okay you know I don't give listen. there's there's a there's a natural. shock that comes with it but it's. honestly because of Twitter they've. they've made everything sound so stream. you're an adult I don't give a this is I.

I must be Twitter brained like where I. have to have a reaction to everything. about everyone's adult choices whatever. okay you live your life I don't give a. but he moved down here he with the. intention of he was going to take a. little bit of break before figuring out. you know what he was going to do down. here it was a little weird that a. 40-year-old's not working but it. was we knew that was going to happen we. knew that was going to happen Okay how. long has he been here end of.

April okay how long did we agree he. would not be working there was not. necessarily like an agreement but there. is the factor. that beginning of July uh I ended up. having take him to the emergency room. because what we thought was like really. bad flu maybe pneumonia at the worst. turned out to be a mass in his chest so. emergency room was like okay cool we. can't do anything for for you right now.

go see a doctor we tried to get in to. see a doctor and then at the very end of. July he ended up in ICU for the or. excuse me very does he have health. insurance no why because his previous. job didn't offer health insurance. doesn't matter if he got laid off or. something did he quit he he quit to move. down here he probably could have got on. the healthcare exchange is like zero. bucks a month it's not something I have. any knowledge about it wasn't worth. Googling how do I get health insurance I. have none help me I.

die uh I think I thought of it more as. well him well like says it's not your. responsibility that was kind of my. thought process was it's not my. responsibility I let him handle so how's. he doing today he's doing better so he. ended up in the hospital for the. entirety of July basically um and. currently we're still waiting on results. so right now he's in the process of. applying for Social Security you meet.

online through what just a website what. i' prefer not to answer oh come on. no fine you don't have to but they were. curious like a sugar daddy sugar baby. site okay just cuz you know the gaps a. bit big again like I I don't give a you. live your life but it's uh it's it's an. interesting thing that. so I wouldn't it wouldn't draw as many. red. flags if you got.

met and you just started dating and it. went about there but met online on a. website dude quit his job moved down. here hasn't contributed in any way. whatsoever immediately has health. concerns it's just like I know it sounds. are you into old dead men cuz you see. them orc every day no the joke has been. made many a times oh I'm sure uh no. it was all happen stance it but is that. not red flags to you the fact that he's. not willing to do anything what was his. job he was working at a restaurant and.

he was burnt out from a. restaurant it's not like that food. service is a pain in the I get it but. it's less that mental strain still it's. just more it's more physical beat down. and there is a lot of mental strain that. comes with especially in certain. positions so don't get me wrong a lot of. it was that plus the struggle of. everything what was the struggle of. everything lots of vague things being. thrown around he. has had a lot of adversity that he's had. to deal with again lots of very vague.

things but so when he moved to Indiana. he moved from Alaska when he moved from. Alaska he didn't have a car and that was. fine for a while and then Co hit his. license expired and first of all who. moves to Indiana if they're moving. somewhere a friend had a place that he. was was willing to host him no I just. like to Indiana because I lived an hour. from there that's okay his friends still.

live in Indiana and we definitely still. talk a lot of about Indiana as you. should um. but he was fine doing fine without a car. but just what he was making what he was. being offered hours at work and his. expenses but why couldn't he work down. here even part-time that's is right now. I'm just thinking about you and when I. see. someone with red flags surrounding. them potentially leeching it's just like.

I'm not we can't get there conclusively. but it does make me a bit nervous for. you and I don't want you to be in a. position that's and if it weren't for. the fact that he's the only thing. stopping him from looking for work right. now is the medical stuff and the fact. that he's currently in the application. process for social security and. disability because of the medical stuff. because of the medical stuff he what is. he not is he able to move right now kind. of kind of okay so he's very short of.

breath still um I mean he's still. healing from having three giant tubes. coming out of his chest no sure sure um. that makes sense I mean but again he. came down here and didn't work I'd get. it if something medical like this. happened and then he can't work that's. different and it wasn't when he got down. here it wasn't that he couldn't work we. had the agreement that he was going to. stay home for a while well no I get that. I get that yeah it's not like he came. down and refused to work but it's like. he came down with the intention of not. working okay okay.

um how long were you guys talking before. he moved down December so I went up to. visit him for the first time in red. flags just keep popping up dude I'm. sorry sorry that's not to be insulting. to you like legitimately there are. concerns um okay I know I've I've heard. it all trust me I'm sure cuz uh there. was definitely a big to-do when I went. up to visit him for the first time and. there was a lot of uh push back from my.

family in regards to me driving up to. Indiana to meet a stranger but he is. confirmed single right yes okay well we. should obviously get into the finances a. bit but this is certainly. obviously dramatically dramatically. affecting it because medical you take. care of food you take care of everything. you're taking care of. rent but. you're even just the the roof of the. head is 8% of your net so wow and going.

into that rent. the base rent like when you look up. what's the rent for this apartment is. 1,50 MHM it's the utilities it's the you. may have gotten a top floor bottom floor. middle well which one's the most. expensive I forgot either top bottom is. it yeah CU that was the other option. that they gave me um so it's just like. fees and cuz I've got like. valet trash that yeah yeah yeah and then. like one of my dogs is on pet rent the.

other dogs not doesn't have to do pet. rent okay well self assess what do you. think your finances are 0 to 10 zero. being the absolute worst 10 being the. absolute best I definitely don't think. they're the worst um because I could be. you know settled with like student loans. and things like that it could be a lot. worse but I know especially with the way. I feel about my finances that it's not. great do you have a number by chance a. five when traveling the biggest things.

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them some love cuz they're brave enough. for being on the show and if you want to. be on the show and have a fake name as. well and you have interesting story. interesting finances apply Caleb. hammer.com. apply all right ma'am well you. uh date a large numbered individual so. you have large numbered debts as. well okay deaths were there before he. got here unfortunately I did okay well. then the Discover it let me go let me. say what the DAT is and then I want to.

hear what the behind it. gladly Discover it this your first. credit card it's a lot of people's first. credit card okay Discover it at. $835. 329 with a minimum payment of 203 which. is insane for your situation to be clear. insane for your. situation um why are you purchasing on. it well probably because half your money. goes to rent so you need to spend I.

don't know how you're living actually to. be clear oh you give yourself a five. great $182 interest is gring you made. the MIM monly payment but it doesn't. matter you went a purchase. $512 so whatever progress we were making. if any which we barely were with the. interest and everything cuz the interest. is only $3 less than your payment. uh Medical. City that was Medical City Medical City. Medical City four medical cities $4.

vending machines mm. parking what what are you doing oh oh it. was F it was five five four days in a. row well he was in the hospital that was. that's just on that card I was there. every day is this while he was in the. hospital oh okay. I am eternally frustrated with how much. money I had to spend to go up there and. see him not his fault but just the fact. that the medical system. is charging $4 a night for families that.

are there visiting their loved ones I. get and just a side note they also. charge their employees I don't know if. it's the same amount but charge their. employees to park to go to work oh are. we sure that the hospital one is it a. public hospital two is the parking lot. one by the city because again it gets. really complicated when it comes to City. stuff because parking takes up so much. space that can be utilized to other. things that free parking everywhere. would be essentially subsidized by the.

taxpayers and not utilizing it for. profit making motives cuz all the. parking that's used in cities could be. profit in tax generating things like. restaurants and things so charging money. for parking as much as we all hate it it. being free would essentially be. subsidized parking being paid for on. behalf of taxpayers instead of the. individuals who are using uh car storage. in public spaces essentially but at a. hospital I definitely get it. uh I definitely get it's luckily it's.

only four bucks four bucks for a night. isn't horrendous no uh but it is. annoying I get it especially in a life. or death situation that's where we. obviously wouldn't want it it's a I. would think more that it would be um uh. waved uh validated I'm surprised it's. not validated okay that sucks that sucks. Microsoft Store 18 bucks that would be. for his Xbox the Xbox why on a credit. card that we can't pay off that's only.

crew in interest because otherwise it. would be going on the debit card which. or otherwise don't get it what what are. you talking about we don't have to get. it if we can't afford to live you can't. afford to live what do you mean what. Xbox the subscription is Game Pass yes. Game Pass he can't afford to live but he. refused to work for months while he was. down here Sonic. Drive-In door Dash. chubby or door Dash and whatever that is. the restaurant no I yeah I assume from. door Dash um okay another Microsoft Xbox.

Bill. $816 oh we don't even know but it's. going on our card and it's just. continuing to go up CVS Pharmacy 206. bucks what happened there that one would. be uh after he got out of the hospital. that would be his medications that he. got put on post. hospital we need to get him on some kind. of health insurance like. now you can't be turned away for. pre-existing medical conditions. at this point so he should get on you.

need to go to just the exchanges and he. since he's not married or. anything then dude I really think he. could be on something where it's like. zero bucks a month it'll affect his tax. base now they're trying to get him on. Medicare to help erase. the ridiculous amount of medical bills. that occurred from the month in the. hospital they've already it was in for a. whole month wow mhm wow and they've.

already one of his ER visits they've. taken care of with their I don't know. what to call it but. they're I can't think of what it's. called okay that's. okay but I don't like the Sonic and the. door Dash in the Microsoft. store and then the other Xbox so there's. two Xbox things cuz we're sitting at a. 26.24% interest rate so it's just like. what's even the point at that point you. know you're not a credit card. person you're you you're not able to.

utilize credit cards anytime you have. access to money you just spend it this. is clear you can't manage this it's only. going up if you ever get a credit card. it needs to be a charge card like fizz. card money where uh cards where it. forces you to pay it back by the end of. the month or you can only spend the. balance that you put on it by putting. money in like you cannot have access to. these unlimited money cards you can't. you're just not responsible enough for. it and that's okay but if we recognize. it you can protect yourself.

okay this is a huge one the interest. rate is lower but it's still a death. 14.29% is this medical no this wouldn't. be no this is. entirely. um this is my name only what is it. though this if I'm not mistaken is the. RV is it not RV what the do you have an. RV for I have an RV in name only it is. my mother's permanent residence oh she. she puts all she takes care of the.

payment that's yeah but what happens if. she doesn't it's on. you the only way she doesn't is if she. kicks the bucket her finances are mine. which I don't root for but obviously. it's something that happens no and we've. discussed that the moment and also what. if she loses all her money. somehow. then if something like that were to. happen then I've got a whole lot of. other issues under my belt of well what. I'm her I'm her person I'm her only.

person oh okay so your dad's not in the. picture not when it comes to my mom yeah. sure and you're the only kid her only. kid she shouldn't have to rely on you. though she hasn't made the sacrifices. throughout life necessary to be able to. be independent she definitely has it's. so like I said this is in you mean if. things go to she have to R this is only. cuz she makes her she have enough to. retire how old is she she just turned 6. okay what's her retirement situation she.

is uh 100% or no no no no not 100% uh. she's a disabled veteran so she's. currently living off of her uh. disability Social Security VA. disability um that's her income. yeah all that added together could be. pretty chunky depending is she 100%. disabled very close if not 100 I know. she was fighting for 100 why is she. living in RV choice okay sure um no last.

I checked um when she was doing her. rundown of all that she made um she was. bringing in more a month than I am yeah. yeah I mean you stack all those up. absolutely okay so what makes me nervous. is I'm glad she's paying for it because. it's disgusting. but if something happens $70,000 on your. plate at. 14.29% interest that's an insane number. insane number for your financial.

situation. especially can we do anything for her to. borrow this money or refinance the loan. and get you off so like why have the. risk there the biggest the like what's. her credit score do you know what's her. debt situation do you know I think this. is her biggest debt um as far as. anything in her name I think she has a. couple of credit cards that aren't you. know massive but um I think the biggest.

reason for $133 a month MH oh. my that's Insanity that has slid every. wrist ever known to man that's a crazy. number uh sorry continue but that's. crazy I mean it's that's. her rent basically on a depreciating. asset though this is going down in value. I mean it's better than an apartment. depending departments Apartments they'll.

take care of broken things and her. insurance takes care of the broken. things on the RV every little broken. thing pretty much so far okay so far and. guess what rent isn't usually at a 14%. interest rate. true um but I think the big or kicked. off to your daughter if something. happens. debatable um not that depends if you're. on the rent but um please right now the. biggest as far as I'm aware from what.

she told me the biggest reason for. having my name on there was because if. anything happened to her it would be. non-contestable that I am then able to. take charge and do whatever I need to do. with the RV mhm is something where she. got like very disabled like super like. if she died why the do you guys care. about the RV if she dies just let it go. well that's the thing is with this kind. of debt why would you want it well no I. would let it go but that way I have CU I.

have no intentions of if something were. to happen to her I have no intentions of. keeping the RV well but your version of. letting it go since it's under your name. it's going to be you're going to be. responsible for it you're letting it go. is having to get it rid of it used and. it's likely under value. underwater meaning that you're still. going to have to come up with an. additional like 10 20,000 I don't think. I follow because you're cosigned if. something were to happen she. dies uh and it gets put on you you're. essentially since you're on it you're. forced to pay it it gets repoed and then. you owed the rest or it just or it.

completely obliterates your credit. because you just don't pay anything ever. and then the third option the get rid of. it option this is likely wor worth less. than the loan because she's putting. miles on it she's putting maintenance on. it and it's a depreciating asset. so you're likely going to have to come. up with an extra10 to $220,000 to pay. off the loan after you sell it. anyway so this doesn't this isn't. benefiting you in any way it may have. benefited her qualifying for the loan.

but in terms of what you're talking. about and being able to control the. situation like I wouldn't want any part. of it now if you're in her will and. there's like trust set up and there. there there be a lot of different. complications where like uh you not. necessarily responsible for it but could. have the ability to take charge of it if. you wanted to you know there's a lot of. different legal complications depending. on how everything's set up. but you've put yourself in the worst. situation possible and I really don't. get why you would want to want to I.

think the initial Factor was because if. I'm not mistaken this was prior to her. um VA disability claims getting worked. out whoa whoa whoa when did she serve. the ' 80s now legitimately guys I. believe that you everyone in your life. everyone around us can actually take. control of their financial future and. make their lives better and we've spent. over a year here creating tools to help.

make those goals a reality right now our. budgeting program and investing program. are bundled together at a 15% discount. and you get $100 in cash gifted to you. right into your Mumu account there's. honestly no time like the president to. actually take control of your future. don't wait don't let this opportunity. pass you wow so she didn't file until. four decades later she was working she. was doing fine and then she got to the. she had you can still have some VA. disability and work though right I have.

no idea maybe not the full I'm not 100%. it wasn't something that she was willing. to fight for because when she got out. she. just she got out under um not so fun. circumstances and because sure and she. decided she was just going to you know. move on continue trying to live her life. and lived her life. for you know 40 50 years I got it that's. fine and then um either why did you.

coign for this was it just that I think. it was because she didn't have the. income so she asked you to I would never. ask my kid to cosign for something this. just so risky for you it's. just and why can't she just get an. apartment she had an apartment and they. were her rent. was outrageous well it's just like you. find better rent it exists and it was. always her dream to get an RV and to.

travel was it her dream to put it on the. shoulders of her kid no okay then maybe. we don't get to live our Dream if we're. doing that then I don't think we. sacrific our only kid for the. dream but it's you in front of me not. her okay so you don't pay this no I. don't pay it it's just on my credit okay. Wells Fargo man I see another massive. balance so this was the first credit. card oh oh okay we have a balance of.

$596. 463 the minimum the payment. of 50 I think 75. maybe 149 oh dramatically different than. what you thought especially in your. financial situation you're two minimum. well if that 800 one hit I don't you. wouldn't be able to survive simply but. even still that 203 which is why it's Ry. to be under name I can't believe you. allowed that but whatever 200 oh that.

she wanted that $23 for your first card. and then $149 for the second card. stacking that with your situation still. is. insane okay let's see what happened. here uh oh you made a huge pay in. $700 it didn't matter you purchased. $1,759 for sake what are we doing what's. the point you made it worse it's AC. crewing $884 in interest on that last. bounce and now the balance is $11,000.

more oh but good guys it's worth it. thank goodness you have a rewards. balance of $57. cents what are we doing why are we. purchase purchasing on two cards two. cards that we've looked at we've made. worse what is the. point my system because I don't system. it I don't know a better way so what I. don't I better better way than what so. what I do I with the exception of rent.

because I don't want to get paid the. extra fees for putting rent on a credit. card yeah so when rent comes when it's. time for rent it's whatever paycheck is. right before rent I go in pay rent make. sure rent's taken care of. because it's interesting the way you. look at fees because you're putting your. other expenses on the cards right that's. what I'm walking away from so you're not. getting The Upfront fees for them but. you're getting a the interest fees.

you're getting a. 19.4% fee on here which is any way more. than any kind of rent fee you would have. gotten anyway so the way you're looking. at it it's it's still incorrect you're. just you don't want that upfront fee. sorry go ahead but so I pay rent make. sure rent's taken care of make sure that. there's money in my debit account for. any type of subscriptions or Auto pays. that are set up on my debit account and. then I take a look at did you spend on. that bies on the way here 25 bucks in.

gas and gas okay. sorry uh less than $2 on my drink okay. can't afford it I had to pee you had to. pee yes so I had to go in go. pee right now I'm pretty sure the price. of large fountain drink from gas station. is equal to that of cans of soda that I. could have brought from home. as far as cost oh you know what that's.

interesting that's interesting don't. drink. soda. water bottles of water for like $5 a. massive pack and do that uh. congratulations 48% go to rent you're. putting more money on your credit cards. and you're doing everything outside of. your rent on credit cards as you were. trying to explain I don't think we're. getting F drinks I don't think we're. getting cans I don't think we're getting. any of that. what I'm sorry I want you to have what.

you want but we don't live in dream. world I would rather you have an. emergency fund and ability to retire so. you don't rely on your kid like your mom. relies on you I want you to have the. dream life I want you to be able to. retire I want you to have an amazing. life fully F emergeny fun to take care. of expenses if something medical happens. again I want you to have that life we. don't have that life without if we're. just getting everything we want at any. time. go on so I pay rent and then I look at.

what I have left and I. see what can I put towards credit cards. and then I try to put as much as humanly. possible on credit cards but then. unfortunately that leaves a minimum in. my debit account and then I end up. putting all my spending on the same. credit cards how much was that less than. $2 how many laders are in that got to. let me. see okay is that definitely not 2 lers. probably a liter you can get two liters.

at the grocery store at HB for. $152 the offbrand HB version there you. go I just saved you half your money. every single time. continue was there any more continuing. maybe not I don't think so okay well. let's see what you did here because this. is an insane amount of spending okay. there's a thousand medical cities. through here we now know what they are. they're parking Justified I totally. support that um obviously we both wish. there was a way for that to.

be. um I keep forgetting the term but. reimbursed or waved but eBay we spending. $22.35 McDonald's. eBay another. $23.75 there oh sorry no $33 12 Taco. Bueno Netflix McDonald's Taco Bueno. Craftsman $127 what was that does he. have access to your card no what are you. getting Craftsman it's not like the boat. Craftsman no 12774 first of all that's.

like one of the most that's the second. most expensive thing on this card third. most how do you know what it is fourth. most $127 you basically need to budget. every single penny in order to barely. make it and you don't know where $127. went in one charge okay Amazon you spent. 28 bucks puff Paradise what's that. please tell me it's cream puffs not for. me for him so the one that's dying with. something right here is an.

inhaling probably not the best Habit in. his current situation it's not and you. purchase it for. him I. okay man it's hard it's. hard gosh am McDonald's Amazon Amazon. Amazon dumb bats dumb. bats uh stickers art stickers buddy. we're like not surviving you're putting. $1,000 more on this than you paid and. we're getting stickers in McDonald's and.

eBay purchases and tacos I will say will. food hurts my soul a little bit because. and I know I hurts your calories too yes. it does but that was all while he was in. the hospital because I was commuting. back and forth between work and home. with dogs and hospital and I was doing. my best get it's a hard situation I know. so that's it it hurts my heart to have.

to cuz I so he was in for a month mhm. and we're waiting on diagnos for for for. the. lump the ball whatever so the mass they. took multiple biopsies all the biopsies. came out negative but it caused a. buildup of fluid around his heart so. they had to go in and put in was it like. a cyst no it was they all of the doctors. are convinced it's cancer. but there's.

no biopsy medical testing proof did he. know he had this before he moved down so. it wasn't protruding no it was internal. what sent him to the hospital um because. so he had this cough that we again at. first we thought it was lingering. pneumonia or uh flu or something like. that he had this cough and what finally. sent him to the ER where they finally. admitted him was it he was coughing to. the point where he was throwing up he.

had 10 and something fever oh man he was. weak couldn't yeah so that sucks I'm. sorry that's horrible and I hope he's. doing well and I hope everything comes. back in a uh you know negative and uh. it's gone they removed as much as they. could okay but it's attached to his. abdominal aorta which is the big part of. the heart that pumps the blood down into. the rest of the body okay so mostly. we're just hoping it's on. cancerous okay what does the future hold.

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machine learning for free at. netsuite.com Hammer that's nets.com. hammer and thanks to netsu for. sponsoring today's video let's get back. into the episode. and how long has he been home July or. excuse me yeah July 22nd so okay it's. about a month yeah totally okay with him. not working during that totally okay. with him not working after that again. it's still we weird that it came down to. not work I know you guys agreed on it.

that's still weird but obviously the. situation has changed regardless so that. doesn't matter just want to make sure. you're in a good position but again the. Situation's changed regardless so it's a. whole new world and he's aware that when. the opportunity comes for him to get a. job that that is expected apparently. I've brought it up more than I realized. I brought it up but really yeah what's. his. recovery timeline we don't know um.

doctor didn't have a timeline no we. didn't even get S home with uh any kind. of recovery instructions they just how. do you guys pay everything yeah how much. is owed right now to him not to you. though I have no earthly idea but it's. not to you at all nothing would be to. you it's nothing to me you guys aren't. connected. no okay and you just don't. know let chosen not to add it up because. the number is going to hurt my heart. well large medical bills will go to.

collections I have a tidbit about that. later oh fun yeah can't wait Care Credit. let's talk about that. first this is interesting because you. paid it off but you must have paid it. off late cuz you had a late. fee oh did you not even know this is. wild cuz I would love to celebrate that. you paid it off but youing had a late. fee now you have a new balance of 30. bucks cuz you didn't pay it off in time. you made the you you did the right thing.

late so I am just now realizing that. that's what that $30 is is a late fee. because you not know. I am anal retentive about paying my. bills on time growing up my parents. worked really really really hard um and. unfortunately that wasn't always enough. and that led to a lot of accounts. getting um pass due. and so growing up I would get home from. school and the internet wouldn't be.

working and I'd do all the little you. know turn it off turn it back on again. do whatever you can to get the internet. to work and it would end up in me. texting my mom and being like hey did. you pay the Wi-Fi Bill and she hadn't at. the time had enough to cover it so I'd. go on pay it so I could get online and. do my homework and. that stayed with me so I'm paranoid. about making sure my bills are paid on. time um. okay but I mean again but you missed it.

so I have no idea sorry no I know okay I. want to say also you're. over well you didn't answer how much do. you think you spent last month total. yeah this includes on debt so I would. say total. spending reminder 2559 came in probably. 26 okay yeah 4520. six so whatever Learning lesson you. thought you had from your parents I.

don't know if you learned it you you're. spending almost. double you're putting yourself in that. situation you're self-fulfilling. prophecy and back right into where they. were I don't think I had any idea how. bad it was you need to go through our. budgeting program please go through our. budgeting program we give it to you for. free go through the class go through the. quiz uh use the meal plan go through. that go through the investing class as. well learn your investing profiles take. advantage of the free $100 that comes. with it you guys can get them by the way.

right now they're uh 15% off when. bundled together check it out but please. go through that you I need you to be. able to budget the fact that you you. thought you may have spent a little over. but it was actually double almost that. terrifies me speaking of things we can. give you I can give you uh if he wants. like a course career certification to. get back into the job market I'm happy. to give that to him you know so you know. just feel free to talk about that but. yeah again we were we were late down. here. Bo your score is.

655 we don't know our mom's credit score. because I really want you to get off of. that loan fairly certain it's about the. same from last time we chit C chated I. want to say it's pretty close yeah be. complicated with something like an RV I. wonder what she'd be able to qualify for. okay is that all your debt you said. there was something medical related I. just got in the mail a I know a lovely. little collections notice for medical. debt for myself from my old doctor's.

office it's a I wanted to take a picture. of it I like 200 and something so it. might be internal collections may not. have been sold off it what is it you. have that medical debt has to be some. multi of hundreds to be on credit. reports now I don't remember the exact. number off the top of my head I. apologize we can look it up afterwards. we feel better though. that it might be 200 I I don't know but. so you ow 200 is it 200 something like. 240 Maybe. why did you not pay this because at the.

time I couldn't um we could get on a. payment plan though even something like. 20 bucks a month you may have been able. to do sure that would stretch it out. longer than we'd hop but you could have. done something there's I it seems. like you both you and him both kind of. have a mindset when it comes to him. getting health insurance getting a job. when it comes to you taking care of a. debt like this you see it and you think. there's no immediate solution so you. give up we don't look in there's so much. creativity out there in terms of what we.

can do sometimes all it takes is. literally just. asking but it seems like we just don't. do that which is I need you to get out. of whatever whatever that mindset is I. need us to move beyond that and be. willing to ask questions ask help be. able to be willing to Google things for. the rest of our life. because I don't know uh s years into. adulthood and we receive a and we're. like oh we just can't pay it and that's. it that's you're not going to end up.

somewhere good in the end if that is. where our mind is I can't disagree with. you on that please don't. and I'm. hoping that with the at least with the. the collections notice that maybe. there's still a possibility to pay it. out okay so that's it then that's all. your debts all as far as I'm aware oh. boy I hope nothing shows up no 600 bucks.

in the check in account 680 up from the. 470 that we started. with you can't afford to live and you're. giving someone money on. patreon in what world we have a. membership thank you to everyone who. subscribes cuz you get the post show and. a bunch of other shows and a lot of. other things it's really cool it's. really fun if you get afford to don't. subscribe who are you even.

supporting it's an audio Creator. stop support your. finances okay raising can's Amazon music. Waffle House smoke and vape also for. him or do you participate in lung cancer. as well no okay. Amazon Kindle go to the. library trust me I pay a lot of property. taxes for it I do I utilize the library. as well wonderful cancel the Kindle.

dominoes definitely can't be doing that. and Amazon. Digital I don't know I mean your video. ask quote that you sent in when you. reply to us I try to stay or I try to. stay and be incredibly Frugal in in. general I'm not big on spending on. things for myself every once in a while. I will get wild hair I would get a wild. hair and decide that okay okay I just. need a little treat little treat Sweet.

Treats great I deserve a little treat. okay I've been working my ass off I'm. going to get myself a little something. listen I actually I Vibe with that I get. that I want you to again you get that FF. an emergency fund because you putting. off any kind of financial Independence. Financial Security that lands you in a. worse position in the end anyway so no. you don't deserve a little sweet Tre. right now first of all you're not. entitled to anything uh second of all. reward yourself with that fitting it in. a budget when you have an emergency fund.

and you don't have 30% in Interest death. debt like why hold that over your head. why make it harder for you later on. doesn't make sense deserve it you don't. deserve to suffer either but you're. bringing it upon yourself by not. sacrificing at all and also Frugal I. very much don't think you know what the. word Frugal is I think the month that. we're looking at is a very. difficult one because. of how much spending did go towards.

things that I usually don't spend on. yeah but the parking was so cheap notar. the parking but the the food I okay you. could have packed sandwiches listen I'm. giving you a little bit I'm giving you a. little bit of leniency because the. hospital thing and I do get that but. even still it was a lot of eating out. and you spent double it you made and you. put $1,000 more on that one credit card. and a few hundred bucks more on the. other credit card it's yeah you're. making your situation just worse. and hard times they can lead to wanting.

to cope spend and have easier moments. but again that hard time is literally. just making you have more hard. times it's not worth it it's really not. especially since those times have passed. now you're not he's not in the hospital. anymore you're not doing that but now. you're paying the repercussions for it. so you don't even get the joy of it. anymore you're not wrong well of course. not but it's I think it's it's it's. shortsightedness I mean your spending. categories go as followed I mean.

Transportation was $623 $150 went to. groceries 191 went out to eat unknown. spending typically Amazon or Walmart and. Target that was. $1,253 that may have been CVS one second. let me see yes CVS was 206 of that but. even still there's $1,000 left over. that's Sam's Walmart was 900 what the. for 900 are you getting from Walmart. that can't just be groceries if so. that's insane you need a budget and meal. prep and what $900 at Walmart what the.

only thing I can think of is groceries. oh you don't even know well I'm trying. to think if there was anything $900 of. groceries plus an additional 150 at. grocery. stores and2 at Walmart Medical. Healthcare 160 that makes sense. 181 went to savings it's weird but okay. 8% of your spending went to. subscriptions 29 8 2 into miscellaneous. bull so I know there's a dog food. subscription in Paton vaping eBay.

Craftsman online art purchase Microsoft. store and Xbox okay yeah you had a pet. screening for 31 bucks as well okay okay. so what is this I'm sorry so 600 bucks. in your. savings yes. okay Albert corporation that is a. a oh it's a savings account autosave yes.

so you're at. 2,397 that's. great it makes. 2600 I about. 2,00 in some ways I feel silly having. that savings when I do have debt yeah. but like I want you to have enough to. either cover your highest deductible or. to have a one- Monon emergency fund so. we're going to determine what that is. then the rest goes to Deb is it a Korean. interest in there yes I don't know how.

much I uh I mean you're getting 35 cents. so really not much I don't know it's. weird when there's like a traditional. higher savings account like so far you. get 4.6 or you could even put it in Mumu. where you get like over 8% right now of. just leaving your money in there the. biggest factor for the Albert with me. that was why I went there was that they. do it's not a set amount of savings they. look at what you have in your account. and withdraw based on that so that way.

they're not it's not like well if you. budget you can manually withdraw that's. not a big issue plus it's exciting to. throw money towards savings 18,000 in. retirement I've got something no at 25. I'm actually quite. happy it's a good start it's a good. foundation there is a positive here at. that okay I was waiting for us to get to. that point because. yeah the Walmart I need to the $900 you.

need to know what happens there I need. you to sit down on a monthly basis again. go through the budget program but sit. down on a monthly basis figure out where. every cent was spent and when you do. this it's going to take a long time your. first time it's going to take a long. time your second time but it gets. quicker and quicker every time you do it. on a monthly. basis but you need to look at where your. money is going the fact that we can't. Define like the Craftsman we can't. Define $900 going to Walmart and yet. we're underwater dramatically by $2,000.

a. month yeah. it's okay so your rent is how much again. after utilities and fees and all that uh. the number in my head is 1 two 3 4 after. utilities and freeze and everything 2. three four okay does that include. internet gas electric internet not. electric. gas and how much for electric then Jesus.

Christ it's Texas in the summer so. like place not very. efficient no my pay my how. much somewhere between $1 and $200 150. renters insurance do you have it yes I. paid for it up front a year yeah okay. gas vro vom drive drive how much on a. monthly basis I probably fill up twice a. week so. 8 time 30 8 times 30 filling up twice a.

week about 30 bucks a oh you fill up. twice a week I think so I heard that as. once every two weeks sorry. 240 wow okay car. insurance. yes uh I think it's. like10 okay your debt minimum payments. is 352 it' be over $1,000 though if. something happens to your mom obviously. hopefully not of course but you know. there is the risk there that is. realistic $100 for TP fund anything else. you need to survive this is makeup this.

is whatever Jim included in the. apartment luckily okay one of the few. benefits do you have medical uh ongoing. payments co-pays things like that the. only thing on a regular basis that comes. to mind is going to be medications and. required vitamins that's what a lot of. those let's call it 50 you have pets yes. pet insurance no because I did and it. did not benefit me a single bit how. every time I tried to file a claim on it.

they told me nope doesn't count who' you. have then uh SPCA okay I don't know. about them but my pet health insurance. has literally saved. me6 $7,000 no I would love to have had. it work because I did I paid for it for. over a year and it didn't do anything. for well I would look at true consumer. well that's I almost it sounded like I. was giving a brand true consumer review. no that's not a but like actual consumer. reviews that one cuz that was the one.

that my company benefits was like here. this is the one we support okay yeah no. I just want to make sure they're you. know good and luckily the one I have is. okay I got to do groceries but with you. and your boyfriend it's I want to give. you free money right now I've partnered. with different resources that will. literally give you hundreds of dollars. the moment you sign up for them check. out my investing app of choice Mumu.

where they give you up to 15 free stocks. and 88.1% interest on your uninvested. cash when you sign up with my link do. you want a more traditional savings. account check out where I keep my. emergency fund Sofi where they'll give. you 4.5% on your money and up to $300. would you rather have automated. investing sign up for acorns with my. link and you'll get $20 right now. instead of the usual $5 you'd get from. your friend's referral you can also sign. up for our invest investing program and. get $100 in cash deposited into your. Mumu account this is the best way to.

learn what your investing profile looks. like and what investing strategies to. use based on that all of this free money. is linked in the resources section of. the description below so don't pass up. the free money cuz I'll punch you what. all do you cover related to him I cover. food I don't consider rent because I. would be paying the same in rent no. matter what um food. phone what's your phone bill I think his. is set at I think it's 25 bucks a month.

okay that's not bad no he's using. something like helium we both use mint. mint okay yours is 25 as well I think. mine's 30 cuz I pay for more uh data. okay so 55 for phone. groceries $500 meal prep $500 is fine. for both of you if you're meal preing. just a few meals a week Frozen up. refrigerator meal prep meal prep meal. prep what else do you cover. like I said uh and then probably the.

other big thing for him is. non-essentials so give me a second. because I feel like I'm being really. quiet um biggest thing non-essentials. his big habit is he does smoke. cigarettes well I don't know how to go. about that this but I can't put that in. the budget not gonna put that in the. budget he smokes cigarettes and Vapes. and he just had something in his lung. The Vape is. very very very very little and it's the. T or the CBD 8 or the T what okay sure.

sure sure uh he should. probably he's cut back he's cut back for. someone who's had a habit for a very. very long time he has cut back you. wanted to okay smoke in the house no. no I can't put that in the budget what. else do you have to take care of. anything else not that I can think of. subscriptions how much for pet food on a. monthly basis I think it's 60 listen cuz. that's also kind of enabling his.

addiction and bad. behavior so it's just like I really. can't put that in the budget and. quitting so much easier said than done I. know that's that's one of the hardest. addictions to break it's horrendous like. I get it but it's coming out of your. budget and this is obviously not good. for him as well it's just like it's hard. for me to put that in the budget 2019. $131 okay so we're under cuz you have.

$2,559 so there's really no way for you. to budget this um a lot of that is cuz. groceries are more expensive and this is. without putting in the cigarettes and. the big reason why we're over is because. you know your credit cards they they. just keep going up it's probably because. you're under so they just keep going up. and of course your rent has 48% of your. income when's your lease up December. okay you're not living there anymore no. no I'm not I'm getting the heck out of.

there well why according to you. according to me well part of it is what. I'm paying versus what I'm receiving. is. not working out okay either way getting. in a in in a you know relatively safe. environment get a $1,100 Place $1,200. place you can't afford this it doesn't. make any sense you'll at least be close. to breaking even around them. in your current situation how many hours. a week do you really work on average 42.

okay the reality is and this is that. it's completely up to you if you want to. take care of this dude um completely up. to you and if you do the reality is. you're going to have to work another 105. hours somewhere else or else you're just. underwater it's as easy as that I mean. you can always even if we forfeit our. credit cards and let them go into. collections credit score and all that. stuff even do that getting rid of those. minimum monthly payments doesn't get you. to break even you're still underwater so.

that's not even what's going to do it. your the meal pl's a pretty aggressive. meal thing do you have a car payment no. you're lucky there your gas is expensive. what do you have what do you drive kiao. okay lots of miles you fill up twice a. week I think again that's a that's an. estimate I like I mean your phone bills. good of course you're taking care of his. uh socks it's yeah it's your rent your. rent is killing you you and taking care. if you include your rent your debt. minimal payments and taking care of him.

if you include that and you get rid of. those uh and have an affordable rent you. know you have a few hundred bucks extra. on a monthly basis to start throwing to. it's like a Roth. IRA you have to work a couple hours. extra you have to work an extra 10 15. hours a month you have. to uh a week sorry a week I wish it was. a month a week you so you're getting a. coffee job you're getting night stocking. of shelves you're getting anything and. everything and I've looked at it I I've.

looked into it the hardest part is. availability yeah no you're going to. have to get creative but real the. because the only other alternative is. like literally I. mean the what's the alternative like. you're just going further into that. because you literally cannot afford this. or you're going to break your lease or. you're going to get kicked out like. honestly it something that might be. worth it is having a honest conversation. with the leasing office and being like I.

just simply cannot afford this rent. anymore what can I do to break my lease. so you can get out of it early because. the fact that you have to do this for. another four months still is. insane insane this rent is too much for. you if your rent's ever near 50% of your. net don't you're supposed to be living. off of 50%. needs you've already maxed out your. needs with just your rent I want you to. have a nice place you just can't afford. this place and math is math is math is.

math and you're making your life worse. and harder how much are you contributing. to your. 401k percentage wise I'm not sure okay. you might be contributing over your. match to get to that balance already um. so I would actually probably bring it. down to whatever the match is because. the match is 100% return on your. investment but honestly even if you're. not even breaking even with your rent. get rid of your minum monthly payments. but your rent even that like a roof over. your head's more important than a match. so but to first start drop it down to.

the match because I think you're. contributing higher we need more money. in your pocket right now to just take. care of our things cuz you need to pay. off the $ 5,964 credit card as soon as. you can then. $835. 8353 card you like you need to pay those. off. immediately I have a query for you. please would. part of me thinks that it's an insane. stupid idea but at the same time it's.

the only one that I can think of would. pulling from the 401K to get rid of the. debt be an. option like I don't know that's that's. where I'm at so you're going to face a. immediate 10% loss okay that's a penalty. early withdraw and then you've likely. taken advantage of a lot of 2023 and. then then 2024 gains in there you're. going to get some long-term capital.

gains and even some short-term capital. gains on those gains so your. tax your hit could be like 20 25%. total there meaning you're getting kind. of like a 20 25% interest on that money. which is similar to the credit card so. it actually might not make sense. mathematically and well but let's say it. did make sense mathematically let's say. took a loan against you 401K at like a. low percentage like five six% and you.

paid off your debt with. that that doesn't solve the problem. though because you gotten the debt due. to behavior issues you can't control. your spending you don't know how to. manage having debt and you paying them. off isn't going to be a mission success. you paying it off gives you the ability. to spend more money on. them you paying these off by never. spending on them again cutting them up. sticking to a strict budget. builds the behavior that you don't. credit cards again if you just.

consolidate them through some kind of. method or whatever at this point you're. likely just going to build them up again. we've seen it time and time again on the. show so you just kind of double hurt. yourself because then you've drained. your retirement or took out a loan. against it and then you're going to have. to pay off your cards again because. you're going to build them all the way. back up so I wouldn't do it okay I. wouldn't do it I'd rather I'd rather let. them go to collections and just you know. hope that they don't sue you in like. small clim claims or anything but you. know I don't know 8,000 bucks is a.

decent amount of money uh there's. there's certainly a mathematical cut off. terms of where they'll come off through. you legally but they're entitled to. they're entitled. to for a few hundred bucks they. certainly won't for a few thousand they. certainly won't approaching 10,000 it's. a. chance what do you think I'm thinking I. need to take my family's advice and. finally sh did your family say. shake down my ex-husband for the rest of. the money he owes me on the credit card.

he owes me a what so what again like I. said when we got divorced it was pretty. was this in the agreement. signed no okay then he probably doesn't. owe you anything but go ahead I did not. get anything neither of us split. anything legally MoneyWise as far as the. the divorce I didn't receive anything. from him he didn't receive anything from. me but the agreement we made um was that. verbal agreement yes and he has stuck to.

it it's just not. been upfront it's been hey can I get. money for the towards the credit card. Deb okay how much um started out with. like 8,000 because that was the balance. on the credit card at the time that we. got divorced he was going to that was. the agreement was that he was going to. pay off the balance because it was why. hasn't. heo call him I will no call him I'll. talk to to him right now I don't think. that's a sound idea why first of all I. would hope to God he's at work because.

that was an issue. um part of it I don't want him to know. how bad I am at like how bad of a. situation I'm in because he's just going. to get when's the last time you've. brought up him giving you the money last. week and he sent over $750 where to go. currently it's sitting in. my debit account but it's going to go. how frequent does that come in anytime I. ask I how frequently do you ask at least.

once a month if not twice okay and it's. somewhere between ask more ask for a. bigger. amount sounds like he's giving money if. you do it yeah it's just not say what. you need and say how much he owes left I. have it just get it how much is owed. left I think it's two or. 3,000 I know barely makes it dance cuz. you've just been irresponsible with the. card. okay well obviously get it and throw it. towards the car but again what that has. proven is that doesn't change your.

behavior you need to change your. behavior first CU that's what's going to. actually make a difference here spending. a budget you over spent dramatically. zero out of 10 debt you have collections. 0 out. 10 emergency fund not a great nothing. it's not oh wait no no no actually if. you actually okay so you do have a. month's worth in there which is great so. I wouldn't throw any more to save. savings the rest goes towards that now. okay but you do have a month's. worth going to give you a 2 out of 10.

there cuz it's like 2,500 okay. retirement pretty happy for your age. pretty well actually for your income. level that actually makes me even. happier going to give it. a seven out of. 10 real estate 0 out of 10 it's going to. be a hammer Financial score of 2 out of. 10 make sure to join us in the post show. we're going to bring in the producers. we're going to talk about some extra. drama and stuff that we didn't have a.

chance to talk about in this episode. that they know and then um also check. out all the resources Linked In the. description below as they are what I use. or would use in specific situations. including the best budgeting and. investing program ever created in the. internet which are now discounted at 15%. bundled price off something like that. join us for the Post show today on the. financial audit post show you guys. agreed together that he would be moving. down without a job you guys agreed to. this how was this proposed in his words. he would be house bit stay home person.

so he had no intention to get a job then. not initially when was your divorce. November in November divorce and you. started talking to this guy in December. and he moved down only a few months. later and there's red flag warnings. everywhere to watch the financial audit. post show click the join button below.