I Actually Hate Him | Financial Audit

I am Isaac. I'm from Houston. I'm 21. years old and this is Financial Audit. Oh, 21, okay. On the younger side of the. show typically. So, what do you do for a living right. now? Usually that could be college, that. could be. Yeah, so right now I'm going full-time. college. Full-time college, okay. What are you studying? Uh biotechnology. Where are you going? Uh. Okay, cool. And what some what year are. you in? Uh I'm a fourth year, but with. credits I'm a junior. So, I'm going to finish in 5 years.

Okay, 5 years. I know a lot of people. that did that. What has it taken you 5. years? Um. so basically in COVID I kind of got I. fell behind. I wasn't really the best at. online classes. Yeah. Um so yeah, I. basically. did not pass most of my classes during. COVID. Yeah. So, I had to. well, now I'm making up for it now. So, what's going on with your finances? Uh so, finances. uh. I put all of my school loan well, all.

the school money that I was going to pay. on my credit cards instead of getting. the. You put them on your credit cards? Yeah, on my credit cards. Credit cards are like 30%. Yeah, I didn't know better back then. When? Um well, I thought I was going to. be able to pay credit cards. You look older. Thought you were going to pay them off. with what? With what? Um I had a job. I. was getting paid well. What were you. doing? When? When? When was this? When? is like 2022. Okay. Yeah, so I was working as a sales.

rep at a tile store. Uh I was making around 3, 4 grand a. month. Um And you were going to school. full-time? Yeah, and I was going to. school full-time. you not doing that anymore? Putting that. stuff on credit cards? Yeah. That's insane. Student loans federal. student loans like on the bad side start. getting to 8%. Yeah. The credit cards are like 30%. It's not. this Apple Card, is it? It's that Apple Card. An Apple Card. You put student loans on. Tim Apple's credit card?

Yeah. Unfortunately. I've never seen that. Never even heard. of someone doing that. Now, I'm sure. people have. I mean, there's a lot of. stupid things that are done. Um wow. So, all of your tuition you've been putting. on this card. since 2021? Mhm. When did you learn that's a thing to not. do? Um so, the problem was that. I wasn't going to put it on my student.

on my credit cards, but then I didn't. get FAFSA anymore. Yeah, but even. private student loans at their worst, not at their worst, but are they are. typically pretty bad, they're still like. 15%. 30% on credit cards? Plus, it's showing on your credit, not. that I even give a about your credit at. this point cuz It's not too bad. What? What is it? 690. Surprised. But even still, it's going. against it because it's showing that.

your utilization is so high, where. private student loans wouldn't show. that. I haven't missed a payment, so. Why'd you choose 30% over 15%? Um it. wasn't a decision. I just didn't have. the money because I left that job to. focus on my classes so I could pass and. finish college. And then, once I left that job, obviously, I wasn't making the same I. wasn't making anybody. Um cuz I was going towards. focusing on school more than focusing on.

work school more than school. in here. Let me get them. Biochemical engineering, is that what. you said? Biotechnology. Biotechno-. I mean, your commute your total GPA. across everything is 2.0. Yeah, I just got 2.0 last semester. Got up to 2.0? Mhm. Yeah, with the COVID classes that failed. and then couple other classes that I. failed. right now this semester? Right now I got. four A's, two B's, and one C. Okay.

What's the C in? Um. CGMP. Current good manufacturing practices. That shouldn't be that hard. Oh, you would be surprised. I guess I. would be surprised. But we all have. different things we're interested in. These science classes I would probably. fail at because I find it boring just. NCR, what's that? Oh, I think that believe it or not. No credit received, yeah. Why? Uh which class is that? is 2020. This is 2020. Oh, yeah. All of those should be NCR.

You earned three credits out of the. attempted 13. Yeah, I passed one class. In COVID. Cuz of online classes? Yeah. But you. just kept going? I didn't know any better. I wasn't paying. I had FAFSA, yeah. Huh. So, but now that I'm paying for my. classes, um I'm making sure that I pass. federal student loans? Um I applied for. federal federal student loans this year. and I got applied I got accepted for. next year with zero family contribution.

Next semester, attempted 12 credits, earned six. The semester after that, attempted 13. credits, gained zero. Attempted nine credits, obtained six. Attempted seven credits, earned four. Buddy, how? You You just keep messing up every. semester. No, it gets better. I'm a reformed failing. Attempted 14 credits, earned 11. Yeah, but every semester there's still one.

that you just. You're just missing credits. Yeah, that D, the introduction to. biotechnology. That's what you're. Biotechnology is what you're trying to. do and you failed the intro intro class? The intro is to be easy. It wasn't easy. Maybe it's you're not fit for that. passing that class up until the final. All that matters is the final grade. I. don't give a What the I. don't care. Yeah, but. save up a ton of money if you go blow. it, you're poor. You're right. Next semester after that, one semester. ago.

Two semesters ago. Attempted 15, earned 12 cuz we got an F. in fundamentals of chemistry. Chemistry is my enemy. You know how you. say we're interested in different. things? I hate chemistry as well, but. even still Dude, last semester still. attempted 17, earned 14. I had. It's going to sound funny cuz it's. probably just like from the outside. looking at one of your failures. I had. one college class that I did not pass.

because I got a D. Of course you have to. get a C. Yeah. And it was music history. two. And to everyone else they're probably. like, "How do you". They're thinking of like music. appreciation, but I mean that that. was like I could not obtain the. information in that. I was a music. major. So, I get failing a class, missing a credit, and having to redo it. I redid it and then I passed it. Minimum once a semester. You fail a class. Minimum. I'm not the best at school, but.

I'm trying. Yeah, I know, but you're putting it on a. credit card. It would be different if. this was like Pell Grant, if your. parents were paying for it, being a. little less. focused in. What's a semester cost? What's a credit hour cost? You're trying. to do 15 and. it's like three. One class is like 1250. This is so expensive. It's so expensive. Dude, ACC is like.

No, ACC is like 300 a class. I'm at the final stretch, so I have one. year left. Maybe. Based on your track. record, I don't know. Well, yeah. Maybe. I got one year left. Um and so I can't. take any more classes from outside. after this semester. Why'd you pick this major? Um it was interesting to me. And. In what ways? I mean I thought. Like the job, the career, the what? Or. is it just what you're studying? Like. Yeah, like when.

graduating high school I didn't know. what I really wanted to do. I just knew. that I kind of was interested in biology. and doing the research on the majors. that I could have chose, I saw. biotechnology as one of them. So what's. your career path? Oh, what do you mean my career path? What's your career path? What do you. mean what do you mean? What's your. career path? So So I've gotten like three jobs so far. and they're all in sales. So. is. What [snorts] are you trying to do with. this degree? I'm trying to get a job in. biotechnology sales. But to biotechnology sales, what do you.

typically sell in biotechnology? Um so. you can sell anything from like medicine. to. surgical equipment and stuff like that. That'd be cool. Um. when you're ready for it, I can gift you. a. certification for sales that can boost. your resume from Course Careers. They're. really good. Sounds good. Um if you graduate. And for what it's worth, every semester. you are getting better. Yeah. A 2.0.

that one hurts. 2.0 is good though. because you need 2.0. to Shut the up. To shut up. It is not good. You're getting past the finish line. It's not good. Don't use the word good. Hey, finishing is what matters. Yes, but. don't use the word good. Better than. under a 2.0. Yes. No. The number two is. higher than less [clears throat] than. two.

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get some money from my dad once in a. while. Okay. Well, I mean, that's not necessarily bad, but. it's like. Mm, let's go through this and see if. he's enabling anything, any bad. behavior, essentially. How much do you get from your dad? Uh it's not like a set amount. If I need some, I'll ask and he might. send it. But do you need it? Because going out to. eat is 10.4% of your spending. Stopping. and getting miscellaneous that doesn't.

improve or help your life in any way. whatsoever. It was an additional almost. 17% of your spending. Subscriptions 1%. Unknown shopping almost 3%. Some other large purchases that again. are nothing. It's about 10%. So why would you need the money? Sounds. like you're spending money you don't. need to be spending and then he's. bailing you out. I mean I have to eat. How many. times do I have to hear this on the. show? I'm going to. I'm there is going to I'm going to.

[sighs]. I swear. if I keep hearing this I'm going to be. the one that causes. This is absolutely ridiculous. You need to eat. And have you heard of this great new. thing called a sandwich called a. apple. like two pieces of bread. cheese, meat, mayonnaise. We're both. white. We love mayonnaise. That's how it.

works. It's so much cheaper than going out to. eat. I have to eat. You don't have to go. to McDonald's or whatever. I don't. always go to McDonald's. That's a That's. an example. You do not have to go out to eat to eat. for your daily caloric intake. Do you? No. Okay. So why. say I have to eat when it comes to money. that you're spending that you're getting.

from your dad because he thinks you're. not able to survive but you're spending. it on you bull. I've been doing grocery shopping. I mean what what is that graph based on? Your spending. Which spending? Where's the grocery shopping? I don't. see any grocery shopping in here. There's no grocery shopping in there? Where do you grocery shop from? HEB, [clears throat] Target Uh. may have seen a at Walmart and Target. That's usually unknown because you don't.

really know what it is. But even if. that's all. grocery shopping, it was $55. versus your almost $300 eating out. How much you've made from DoorDash this. last month? Uh, I haven't DoorDashed. this month at all. Uh, you said you Uber Eats then? Is that. the other one you do? Yeah, I haven't done any of those cuz. I've injured my knee playing basketball. Okay. You can't switch to just Uber? What do you mean Uber? Why not Uber then. instead of Uber Eats? Why not Uber.

humans? Uh, my car doesn't qualify for Uber. Uh, what do you have? Corolla, 2012. So you tell me you can't get up and walk. at that How did you get to this seat. today? I didn't see you walk in. How did. you get to this seat? Uh, I drove here. How did you get to this seat. from the entrance of this building? I. walked in. And you can't walk to someone's. doorstep? Why would I need to walk to. someone's doorstep? You said you haven't. done Uber Eats because you injured your. knee. Mhm. Explain!

Yeah, my knee hurts when I drive. Drive? Yeah. Okay, so your girlfriend drove you. here today? No, I drove here. 3 hours from Houston but what the. am I dealing with? I mean, are are you. And then you're driving 3 hours back. this way. And then you're driving 3 hours back, right? Yeah. Okay, then off. If you. can drive 6 hours in one day, you can. Uber Eat for a couple hours in one day. 100%. So why the haven't you? You.

just lied to me. credits this semester. Oh my gosh. Yeah. You can't do that. Can't do it at one. college. No, no, no. You can't do that. I've seen your transcripts. You can't. take 15 and pass your classes. I'm not. failing any of them. Yet. Remember the last ones came down to. finals. Sounds like you're not a test. taker. Sounds like you may be be. homework person. That's more like me. I. can do the homework, but it sounds like. you suck in the test environment. Also. like me. I hate school. I've learned a few new techniques this. semester, so I'm dialed in.

What? Um, no techniques to drive. Apparently. What? Spending more time to study. That's a technique. Maybe with a little. bit of but it helps. Are you prescribed? [snorts]. Yes. Okay. Mhm.

I love it. When it's prescribed. Careful, buddy. Very careful. Just don't want to see you getting any. dependence of any kind. Oh, no. I hate. taking it, but it it's useful to do. things. just said. It's useful to do things that you don't. want to do like study for 26 credits of. classes. I don't You're not going to I. Okay. It's bold of you to do. So, that's how. you're graduating 1 year and doubling up.

every semester. Where's this other. college you're going for and how are you. paying for that? Lone Star. And how are you paying for that? Uh, I. haven't paid for it yet. And you're in the classes right now? Mhm. How How are How are you paying. going to pay for it? How much do you. owe? I haven't So, I owe. 1,600 to Lone Star. And. to pay it? I haven't figured that out yet. Oh my What are you? And yet you refuse. to drive.

cuz you got a boo-boo on your knee. It's my meniscus. It's not a little. boo-boo. Okay, but you drove 6 hours. today. Driving 6 hours. It's gotten. better in the past week. Wonderful. But. I've had three three tests in the past. week as well. Okay, cool. Drive. It's gotten better. Drive. If you can. drive 6 hours here because you wanted to. be on the show, drive. I'll start driving. Proud of you. Thank you. What's your car. again? Corolla, 2012.

Why doesn't it qualify for Uber? It's. it's above I believe it's above the. miles. What's the miles? I don't know. Or it's under. miles you have? Oh, the miles on my car? Yeah, it's 185,000. That's up there. It's a Corolla Corolla though. It's interesting. I've driven I've been. in the back of some Ubers, so I don't. Okay, so let's have a card. What would. you give yourself a score? Zero to 10, zero being the worst. finances, 10 being best finances. I've been waiting forever to be able to.

give this score on the show, so go. ahead. What do you think it is? Give. myself a five. Okay. I don't want to just. bully you into the ground. But you've seen this show before. Mhm. You're a fan of this show. You're so. excited. You sat there, you're like, "Wow, I'm actually seeing this sudden person. I've seen it on the How the do you. think you're a five?". Unless you're like objectively a stupid. person. I don't think you are, and I don't want. to just be insulting. How do you think you're a five? I would.

like to just know. Because in there is no way to. in any context of ever watching this. show, would anyone consider themselves. in your position to be a five? So, why. do you think you're a five? Uh let me change my answer real quick. I'll change it to a zero. Why did you say five? I was being generous. What? Okay. Okay. I get it. People get nervous on the. camera. First time on camera, first time. on lights.

This conversation works if we accept our. flaws and our failures. 100%. I dig through your mess. I let you know. how bad it is. It's the intro part of. Kitchen Nightmares where I go through. the kitchen, have a couple of vomits. Don't bull me. If you're going to bull me, we're. not going to get anywhere. No more being. generous. I mean, it's it's not even. about being generous. You just like not. That's just like The answer of five is. just not living in reality. Like I need you to pull you into. reality. We need to agree on basic. reality if we're going to get.

anywhere. If you want your free. financial score, it's free in the. description below. Also, I get to be. Caleb Springer. I get to beat him up for. being a little. Hm. And go wild in the title and. thumbnail. But you, be encouraging in. the. comments below. And if you want to be on. the show, you can apply. If you're brave enough like this man to. come in here and say he's a five out of. 10. Kill me. Okay. So, Apple Card. $14,715.00. The minimum monthly payment of $548.00.

I I'm sorry. I asked you and I'm. I kind of forgot. How are you paying for. this? Oh, you said, "Well, I do Uber. Eats and stuff on the side." But you. haven't Yeah, not this month. So, how the are you paying for. this? That's an insane minimum monthly. payment for someone that doesn't make. any money. How the are you possibly. paying for that? How the. Yeah, this. this month I paid for it and now to pay. for it for this month next month, I'm. going to have to do a lot of Uber Eats.

Yeah, but your knee has boo-boo. My knee boo-boo is better. Okay. When did you hurt yourself? Uh. it's been a month. You haven't driven for a full month? No, I'd say like two, three weeks. In the. past week and a half I started driving. again. Week and a half is a long time. Why. haven't you driven any Uber Eats? I've. had three tests in the past week. Okay, yeah. You said So, your second excuse. was, after you made your first excuse. and obviously it didn't check out, was. that because you were having so many.

credit hours. Okay, you have so many. credit hours. We're trying to get closer. to graduation. Okay, okay, okay. Sure. Fine. Okay. Fine. If that's the case, then we can't work. How are we paying for a $548 minimum. monthly payment? With Uber Eats and DoorDash. But you just said you can't because. you're taking 26 billion credit hours. Yeah, if I'm not injured, I can do the. both. All your excuses do not line up. Your. reasonings, your Okay. You're You're one of those people. Okay.

Are you a justify everything in life. kind of person? No. Are you. Okay. We'll see. What happened? You're a bit of a You're. dad, I'll be honest. Why is that? Because you take money from him cuz he. thinks you need it. Now that on this. Apple Card, that reminder is a minimum. monthly payment of $548 with a balance. of almost $15,000 when we don't bring in. any money because boo-boo on knee. Oh, wait, but as it's been working the last. week and a half. Oh, but I have too many. classes. Oh, but it doesn't matter. We'll start driving at some point, maybe.

So, you take money from him cuz uh-oh, I. can't do it. Oh, poor me. Every purchase on this first line is a. bull. you purchase. Couple of them you might. be able to justify here in a second, but. most of them are you bull stupid, unnecessary, dumb. enablement being provided by your dad. Whataburger, Raising Cane's, Whataburger, McDonald's, Whataburger, Chick-fil-A, Chick-fil-A, Fat Boy's. Pizza, The Den, Cafe,

Applebee's, some taquitos, Vape City. Yeah, go ahead and kill yourself young. while you're 21. That makes sense. Smart, good choices. Study. Okay, hot chicken. And then Sorry. Oh my. gosh, okay, I'm I'm being aggressive. I'm being aggressive. Vaping's bad. I recommend trying to quit because. it bad. Okay. StudyPool. So, StudyPool is a website.

where you get help on your assignments. As in cheating? No. Just As in your assignments go out. and it's kind of crowd worked on if I'm. not mistaken. No, it's just they give. you assistance. I would never cheat. How? By helping you do the assignment. How? By giving you guidance. Explain it, dude. I just explained it. You're giving the. most vague answers. What kind of.

guidance? What do they do? There's a. question. There's a chemistry question. that you're trying to figure out and. do they do? There's tutors on there that. you pay. and they. you know, help you with the assignment. by providing like an outline. Can you. give me an example though? There's like. a question, a chemistry question. Give. me What are they helping? How are they. helping you? So, if let's say there's a writing. assignment. Yeah. Um you give them the writing. assignment and they send back an example. of what you could write. Right.

An example of what you could write. Yeah. You would never cheat. Oh, no. That's bad. It's bad. You're trying to So, this is where. you're going. trying to skate your way. You're just. trying to. How are you going to survive in the real. world? I'm so confused. Tutoring, totally down for it. Absolutely. Why are you being a little butt hurt by. the way?

Why are you being a little. Like it's very clear that they just give. you the answer. And that's what you just. said. Why are you being like, "Oh, no, cheating's bad." Are you trying to like. look good? Are you trying to like. impress someone? Cuz your girlfriend's. over there and you're hoping. What? Like obviously, you are cheating. You are cheating. Why not just own up to it? Instead of being a little. It's just a little bit of help.

You are a brick wall. What are you even taking the Or people. are doing the answers for you. What? They are on what? I don't like you. Why. not? No, I don't like you. This is like one of the first times in. the show. where I just do not like the person in. front of me. I'm sorry. I don't like. you. Really? No, you're a bit of a douche. My bad. Yeah.

I'm sorry, cuz that that's rude. But I'm also kind of filterless. It's. fine. I. I mean, you're cheating and you won't. admit to cheating. [clears throat]. You're legally taking it. But you're like, "Oh, no, it's legal.". Making excuses that don't make any sense. and have to change constantly. So it's. like, what the Am I talking to you? What. kind of creature is in front of me right. now? Just do your. I probably can't even upload this, cuz I. look like a piece of sh. I do not like you. You're not a good. person.

Why not? In the context of this, I have. nothing to uh. think you're a decent person in any way. whatsoever. What makes me such a terrible person? You're cheating, but you're like lying. about cheating. Same with the drawing. thing. Same with every excuse you're. making. You have to deflect to another. excuse the moment I call it out. I mean, why does that make me a terrible person? I haven't seen a good quality in you. Only negative, negative, negative, negative.

I mean, you're kind of only looking at. the negatives of me. Yeah, but you could also just own up to. For I've had many douchey things in the. past. Probably coming off like a douche. right now. I own up to that. And I try. to improve my life. You're just being a defensive little. brick wall. And this Chegg is Is it a Chegg order or. is it pretty similar? That's where you actually get help on. questions. Noah was telling me it's. cheating.

No, it's not cheating. Well, it I. personally never used it, but uh his. friends in college a few years ago used. it to cheat. So, do I trust the person who's lied like 50. times this episode or the person who. doesn't lie to me? I don't know. The commenters will decide. Uh if this is uploaded. [sighs]. Okay. All right. Wingstop, cheating, cheating, Netflix, Takis,

NBS facts. What's that? NBS facts? NBS facts, yes. I don't know what that. is. Oh my gosh, how do you spend money and. you make no money? You don't even know. what it is. It's $30. NBS facts. I have. no idea. Oh, kill me now. McDonald's, cheating, cheating, Microsoft, cheating. Using Chegg itself is not illegal or. against school policy. However, using. Chegg to cheat or commit academic. dishonesty dishonesty is a serious. offense and can lead to severe. consequences such as failing the. assignment and expulsion from school.

Sucks if you put everything on a credit. card just to be. expelled. And then we have oh. oh good. Oh, lovely. Interest charged. this month, $310. Hmm. Yeah, I need some debt. consolidation for sure. No, is that really what you think? I I. didn't even Wouldn't moving it to a less. APR. loan be better? Oh my gosh. Okay. No?

I'm wrong? No, no, no. It's it's not. about that. If you were that ignorant, it's it's different. You you've you told. me you were so excited cuz you've seen. the. Tell me what you've seen of this show. before. Please give me your experience and. extensiveness of what you've consumed. from this show. Um, I've watched the. hour-long YouTube videos and I've seen. some. How many? Like two, three, and then I've. seen mostly clips. Okay, so mostly the short form. Yeah. The short form don't go into details.

The short form editor takes that to uh. just make the best shorts possible, so. It's fair enough. Okay, then I'm not. going to freak out on you for this. Cuz I was like, there's no way if you've. seen a lot of our content that you would. think consolidation is a good thing. Two, three videos, fair enough. And. shorts doesn't go into consolidation. Um. My hatred of you has gone away. Thank god. I just I had anger there for. a second. I'm someone [clears throat]. who gets angry, and I just need to take.

a moment, and I took a moment. And I apologize if I came off in a bad. way. No, sorry. I understand. feel. like. Okay, so. what typically happens in consolidation. for someone in your situation who. clearly has behavioral issues in terms. of spending and not being able to manage. that in any way. You consolidate it, it. gets put onto a consolidation of some. kind, and then you have to pay that off. And then these balances go to zero. If. you don't cut up these cards, close the. accounts, which I don't think you would. do um because you're just not educated.

on the subject, which is totally fine. What happens historically, including. people who've come on the show multiple. times. is after the balances get wiped, uh-oh. Just like this card where. you're pretty much at the credit line, you're not at the credit line anymore, so you just. spending goes all the way back up. Then. all of a sudden you have double the. amount of debt cuz you have the debt. that's consolidated that was the. previous debt, and then you built up the. new debt. And it puts you in a double. position. You already can't pay your.

bills. Uh what are you going to do when. you have double the debt? Consolidation. for someone in your situation who does. not address the root causes, and the. root causes for you is behavioral issues. when it comes to your spending or. managing money and just your in general. understanding of how to manage a budget, everything like that. It's it will damage you. A debt. consolidation will damage you. It will. put you in a worse position. than where you are now. Thoughts? Um I didn't know that, but.

that does make sense that if my credit. cards did get wiped to zero, that. it might get filled up again, but I. think. getting rid of that 30%. APR like you said is pretty important, but Yes. No, that's good, but again. what is more damaging in the end? Um. And I think it's if you build up that. 30% debt again, but now you have all. this extra debt on the side. That is. going to be more damaging than just. tackling this. What I would personally. do, you're not a credit card person,

actually you're a student, so it's. perfect. I'd use the Fizz card for you. It works as a debit card, but it acts. like a or it acts like a debit card, but. it's like in the system as a credit. card. You use that, close these. accounts, chop up the cards, never use. them again. They're terrible for you. You've abused the system. They're. bending you over. There is nothing good. and beneficial from you having these. Sure, you're closer to a 700 than I. would ever think in your credit score. Like how that happen? No idea. But.

you're getting. 100%. I do not want you to consolidate. And if. you do, the only time you ever do is. because you've demonstrated you've. changed your behavior and you close. these and cut them up. So, what if I didn't close them, I just. stopped using them? No. No, that doesn't. work? Uh because I don't think you will. have to address your overall behavior. Oh, here it is. Here we go.

Miss payment. Missed payment? Missed payment. I don't any missed payments. Uh. Late fee. Late fee. We're late. Congratulations. Take a look. Welcome to your own. finances. Bank of America. Everyone's favorite. Balance, $9,188.92. You didn't know?

You legitimately didn't know. I think I Okay, I remember this. Uh I. searched it up. happened. Uh I searched it up. I was like, "Late. fee, why do I have a late fee?" Because. I paid it. Uh I think I paid it like a. day late and I believe when I researched. it. Sorry, go ahead. Uh I think I searched. it up and from what I searched up I saw. that there's a difference from a missed. payment and a late payment. Um I don't. know if that's true. Okay, well, a missed payment is if you. just never paid it. You did You paid, but you're late. Why are you late? You.

can't manage this. You are not a credit. card person. You do not know how to. manage finances. You do not know how to. manage that. Yeah. Cuz all of this stuff I can't help you. in any way whatsoever. How did you have. a late fee? Why are you not making your. payments on time? That would be the one. time that I would ever have a late fee. All it takes is one. And guess what? It's the most recent, so we're here. I'm not going to go based off of if you. were successful in the past 5 years. Yeah. All that matters is what you're. doing now. I can multiple years ago. and it's okay as long as what I am doing. now is better and what I'm trying to do. in the future is better. You can be a.

perfect person 5 years ago, but if what. you're doing now is bad and what you're. planning to do in the future is bad, you're person. In this case, bad with finances. Not. necessarily a bad person, but bad with. finances. So, I don't give a Never. missed a payment. You missed a payment. You were late on a payment. Yeah, it's. not going to happen ever again. I don't. know that. I don't know that. This just. happened. What encourages me You don't make any. money. And you have all these minimum. payments. $548 on the Apple credit card, on this Bank of America, $294.

How are you making that? You're not driving. Dad? Daddy? No, not Daddy. covering this? Girlfriend? No, that's not my. girlfriend. How are you taking her out on dates? Um. with my DoorDash money. Not this month. This month is the exception. That's why. I signed up for the account. should be going. $190. No, what? No. $164 of interest. $190 of interest is uh.

Amazon card. No interest charge cuz you paid the. balance off on this one. Okay. [sighs]. Think. $190 balance. Well, I'll consider that. Starting to pay off. Hilton parking. What parking? Oh, Hilton parking that's. on our campus. Uh you don't have a. parking pass? Uh there's two campuses. Uh I had to go to the main campus to.

take a test and I had to pay for parking. there. Amazon. Oh, cheating. More cheating. Good. Community Medical Center. Couple charges. there as well. Yeah, that would be for my knee. Yeah. Then on this card. there was nothing so it doesn't matter. Just a quick pause in your Monday. viewing experience to give you $20. Usually when you sign up for Acorns you. get $5 for signing up, but I negotiated. for this month only with Acorns that you. get $20 if you sign up using my link in.

the description below. It's literally. free money and a great way to start. investing so start your Monday off in a. great way and sign up using that link in. the description below. Any other debts? That would be all. Well, other than what. I owe school right now. Oh. What? Somewhere in here. All right, let me find it. What about your car? What's up with your car? You don't owe anything on it? Mhm. That's It's. What happens if it breaks? Do you have. anything in savings? I know the answer. to that. Yeah. Exactly.

So, what happens if the the. How'd you get the car in the first. place? Uh it was my dad's old car. Okay. Yeah. Daddy. coming in. Would he get you your new car? Hm? Would he get you your new car if. this were to break down? Oh, no. Have a. major What happens if there's a major. repair? Uh I would have to figure it out. And how do you figure it out? You're. maxed up on all your debts. Um probably. take the bus for a couple months. And. your income source would be zero.

There's a Costco opening right next to. my house. I'm planning on getting a job. there. Yeah, yeah. Absolutely. Spring 2024. That's this semester, right? Yep. Okay, so $8,604. Yeah. What's this additional spring 2024. $1,130? What's that? Is that extra? Um maybe. Take a look at this one. Take a little. peek. Little peeky peek. This is. This is uh. So, you got to bowl. Yeah.

Well, what do you think of the clips. versus being here in person there, Mr. Isaac? Uh it's a lot more. interactive. [laughter]. It's a good answer. [snorts]. It's funny. You watched the onboarding video though, right? Uh. the one the clip of you before you The. 10-minute onboarding video we sent you? I don't think so. Why? Was that after I. got the When you get accepted to come on.

the show, we send you an onboarding. video to watch that prepares you for the. full experience. You didn't watch that? Mhm. Why? I didn't see it. Do you not check emails? No, I do check. emails. I was replying back to Noah. Yeah. We. just checked. You opened the email. We. have We're able to track that. You just. didn't watch it? Yeah, I guess I didn't. see it. His fault. Not ours. $8,604. 14 cents. I'm not surprised that you. don't read the emails. Based on this conversation.

Okay. So, you owe $8,604. tuition and then to. National $1,130. And you were just putting it off hoping. that somehow it got paid. What was your plan before this. conversation to pay that for the For the. other one, yes. That's what we're. talking about. No idea. You didn't have an idea So, you were. just You were just like, "Yeah.". I mean. plan. You didn't even have like an. inkling of a plan, a start of a plan.

A little beginning building Uh so, beginning of the semester I had a job uh. as a solar salesman. And that company. closed down. So, now I have no idea. I've been. looking for another job, but. haven't had any luck. Are you willing to be on mic for a. second? On mic, not on camera, just on. microphone? Huh? Yeah, what do you want. me to say? Like, about what? No, I just. want to ask you a question real quick. Can you get on our mic real quick? All right, miss girlfriend. Um well.

done, by the way. Thank you. This How long have you guys been dating? Um it's about to be 2 years. Is this. This is not how he was when we first. started dating because he started taking. more classes. So, he started to focus on school more, which in my opinion is a good thing. But, he also needs to find a way to get. income. Do you know that this dude You've. listened to this conversation. Is this. someone you. No, I didn't know how much debt he was. in. He would never tell me cuz he knows.

I would freak out. It's not even just. the debt, just the way he's talking, his. mentality on this. I think he's nervous. He's not usually like this. Fair enough. I think that happens to a. lot of people on this show and then. people are like, He gets defensive when. we argue, so I think that's why he was. defensive at the beginning. Wait, I'm sorry, what? He gets really. defensive if we argue, so I think that's. what he was he was like just doing with. you. You're a defensive little boy, okay. Great. I'm working on it. Are you? Or is that just being. defensive? Okay, um is this a man [clears throat].

you've considered potentially marrying? I know we're young, but. Um yes. Would you really marry the creature that. I just talked to you in terms of Not. right now with his situation right now. Not to put you on blast, buddy, but also. I'm putting you on blast, buddy. Your mentality around this, like. I couldn't I mean, imagine a future. future partnership with someone that are. saying the things that you're saying. The. the way.

that you defended things. the way that you spend money while. taking money from your dad. the way you don't work, your excuses, your defensiveness. You didn't even have a plan. You're. trying to double time at school, but you. don't even have a plan, a start of a. plan. Well, I had a job in the beginning of. the semester. I don't know if this is. back to getting defensive, but I would. make good money every time I made a. sale. Um. This is interesting now. See, you're.

you're hearing you're hearing it here. from the girlfriend. and from Mr. Isaac over here. People are. like, "Oh, the show they have to be fake. How do. people act like this?". Natural human instincts come out when. they're on this. I swear. It's an. intense conversation, so. Where'd you apply through? Apply through what? Yeah, where'd you. like apply? Where'd you find the like. link to apply? Instagram. Instagram? Okay, you applied through. Instagram. Cool. So. what is your take on all this debt? This. is scary. How's this guy paying for.

school? What is your thoughts on all. this? I actually have no idea. His dad doesn't. really give him money. I think he came. off like his dad gives him a lot of. money, but. he's not like his financial support at. all. Mhm. Um I think he is just taking it. like one step at a time because at first. he had a job that was full-time and that. was going well. But then he started to focus on school. and then he found the solar sales job.

and that one was good because like it. was on his own time. But the company. was not that good and then they ended up. closing down. And I mean, my dad did give you $600. last month. Now, that's not. life-changing, but. I mean, come on. If we looked at the. money that he was spending on. his dad essentially just paid for that. He had just enabled that bad behavior. So, the main reason that I put my. tuition on my credit card was I thought.

my dad would help me pay it off because. you that thought? So, the thought was in. 2021, uh we bought a house and Who's we? Me Well, my dad bought a house and my. dad was like, "I need help with the down. payment." Oh. He was like, "How much money do you. have?". Oh, no. He was like, "How much money do. you have?" And I had around 15,000. Oh. Yeah. And so, you know, it's my dad. I. don't really. I don't really mind giving him the.

money. So, I thought. Was it a loan or a gift? Well, I didn't. really, you know, discuss all that with. my dad. It was just like. it with your dad. How old were you? I was 18. Oh. Yeah. So, I thought, you know, since I gave. all my money to the house, I thought. that it would be reciprocated on the, you know, school payments, but it. wasn't. brought this up at all? Um. I tried, but it always gets like. deflected.

how. Like, what do you mean? Give me an. example. he says like, "I pay for all this. I pay. for the monthly And Monthly payment on. what? Of like the house, like the. mortgage payment. Yeah, and like. you live there? Yeah. Yeah, it's. He's getting equity in the house, you're. not. I don't I have no sympathy for him. in that. That doesn't make any sense. then he says like, "Oh, I pay for like, you know, the gas, the electricity, the. groceries, and stuff like that.". Okay, so you're rent-free. Yeah. Okay,

sure that helps a little, but $15,000. [sighs]. Let's say you're paying $300 a month for. utilities. You know? Or $15,000. Sorry, not $1,500. Right? Yeah. $300 for utilities. I mean, that's 50. months, also known as 4 years. Have you. lived there for free for 4 years yet? Well, actually, maybe. 18. 18 to now. Uh, 3 years. Yeah. So, he technically might be even, but. also people stay at home for college all.

the time. It It feels like he's just. kind of. I don't know. I would feel Okay, I'll. just say me cuz. technically, he gave him the money, there's no contract, so blah blah blah, legal, legal, legal. Morally, which. morals are all subjective, if I took the. money from. my kid. for a down payment on a house. I would want to pay that back. I would want to pay that back. So, that's just my morals, so. Morals. are subjective, maybe he doesn't give it. Maybe he truly believes that he is.

paying you back through living there for. free, even though a lot of people live. at home through college for free. So. But either way, maybe he genuinely feels. that way. That's kind of. Um, essentially, just view it like you. gave it as a gift and you'll never get. it back. Yeah, I've kind of parted ways with that. money already. And it was 2 years ago though that. you started putting this on your credit. card. So, at that point, you thought. that. be getting some assistance from my dad. you brought it up to your dad?

Um, so. the first time when I got my financial. my my my. my financial aid cut. uh, was because I was under a GPA of two. because I was working the same time. So, when I quit my job. I didn't have any way to pay for the. classes. But, at that point I didn't have my 15k. in savings either. So, and then I asked. him and I believe it was around two and. a half 3k that I had to pay uh, for. those classes and I believe he sent me. like a thousand or well, he didn't send.

me all of it basically. And ever since. then I've been slowly trying to, you. know, make money, pay it off. Mhm. Um, just going back and forth between. grinding with school, grinding with. work, and paying off my credit cards. All right, I'm hating you a little less. as the conversation goes on. So, it's a win. Uh, Noah puts my producer puts some. notes in here just in case I miss things. every once in a while. And um, he's been referring to you throughout.

this episode as daddy's little boy. [snorts]. Oh, no. But, but I think after that last point, which. is a very important thing, you gave so. much more money than most people have at. 18 towards the down payment on a house. I personally think he owes you. So, ah, he just deleted it. Coward. Caption has been changed. [laughter]. Uh, so. yeah, that sucks. And I think he should. help personally. Uh,

well, not necessarily help with that. I. would like to see him give something. back even even if it's just a few. thousand dollars, which maybe he's done. I mean, he gave you 600 bucks last. month. How often how frequent is that? Um, it's not really often. I'm kind of. shy of asking because I do get the. pushback. I do get the we'll see. I do. get the I'll look into it and you know, mom. Um, mom is in Philadelphia. But, she. doesn't want to support at all? Um I got. two siblings. Okay. Uh.

Shh. They're not like Just wondering if. it's not like she has to financially. than they are. Huh? Uh it's not like she. has to. I'm just I'm just trying to get. the full picture. Yeah, I think if I. asked. um. I could get money from them. I just. don't want to be a burden to like my. mom's side. Do you think he's going to graduate. college cuz he keeps failing classes. every semester? This semester he's doing. really good. I don't know how. He's. taking 10 classes. That's still what I'm. taking and I'm barely surviving. Oh, maybe he's got the fire. Um He has.

like 10 classes left. And that's it. Well, I mean, you do know. he's spending hundreds of dollars a. month cheating, right? I did not know. I actually the StudyPool. stuff, I found out about it recently and. I personally told him I'd help him with. those assignments. But he paid somebody like a hundred to. do it for him. What do you think about the fact that he. tried to say he wasn't cheating? Like. the dude was just straight-up lying to. me. That's when I didn't like you. I. honestly don't know what to say about.

it. Because I offered to help with those. assignments. He said he didn't want to be a burden. cuz I'm already like struggling with my. classes. He just doesn't ask for help. I don't. know why. Like he doesn't ask anybody. Where I I. I I okay. Sure. I I feel sympathy. towards that. I'm also not someone who's. like always like who wants to go to the. parents or anything to help. of people that would help him. True, but. Like not just financially, in a lot of. aspects. But then you cheat.

And then you've lost the respect in. that. So. Now, to be fair, to pass music history. the second time in the final exam when. Apple Watches were new, I had some of my. notes on here and I was like. what's going on? So, I did a little. cheaty cheaty cheaty cuz all I cared was. about getting the degree in the end. But. you lied to me about it and you're also. spending What. What is it? How How much was it? Did we. do. How much was it? Um uh 74 and change. Yeah. Someone told me.

It's like 300 or 600 bucks or something. It's like it's crazy. 360 bucks. So divide that in half. because I split it with my friend. Okay, even still, I mean on a monthly. basis for someone who doesn't make any. money. Yeah. Okay. It. Especially with $88 in our checking. account. Taquitos, taquitos. Stop stopping at gas. stations getting Oh, and Nikos, Nikos. Stop stopping at gas stations and going. inside and getting some.

Gosh. I mean, come on. You don't have money. You. What the What is this? American Auto, $440 you Zelle'd to. What happened? Uh. my car got messed up. See, this is what I was saying. What happened? Uh misfire. Cylinder two and three. How is it now? Better. Okay, great. And another Zelle out. I. can't see what that one is for as Black. Talon. $98 in this banking.

This is transfers. It's nothing. Oh, and New York Times and an Apple. bill. [clears throat]. Really important. when we have, again, no money. Savings, $60. We're on our way. Okay, what is this? Oh, interesting. That's the. peak. I actually didn't see this. They put. this in uh the pile after I already went. through things and then they put it. under here. Um cuz it's a This is a. little surprise for me. Uh this is Robinhood.

Uh no, that's. um Can you pull Can you pull it up? I. want to see your portfolio. I personally. prefer. uh Moomoo as my. single stock app, but this is fine, too. That's Coinbase and Robinhood. Okay, let me see the Coinbase. Oh, is it. crypto? Yeah. Which is done well recently, but for. someone that doesn't have any money, that's a That's not really a good way to. do things. Well, what is it? Like 2021. No No No, no, crypto's done well. recently. Bitcoin's done well recently. Oh, I haven't I haven't looked.

He got traumatized. What? Say that again. He got. traumatized. So, he stopped doing stocks. Oh. Well, yeah. It's not about stocks, buddy, but okay, 2021. Made it to 3,666. [gasps]. [sighs]. Today, we're down to $60. Dude, that could have paid for college. Bring up Bring up the other Robinhood. Bring up Robinhood.

I'd get traumatized, too, if I was a. dumb. Um sorry, that was mean. Uh just I wouldn't bounce with that kind. of Uh oh. Okay, so Robinhood was at the max of. 2021. The photos? Here, let me um open. the app. I keep Okay, sorry. Photo app's. a dangerous place, dude. [snorts]. Yeah, we're at $6,600. Now, we're down to $6. Low-cost index funds all day, baby. Your. target retirement date funds,

that's a good thing that I personally. do, and it's not investment advice. because I can't legally give investment. advice, but it's what I personally do. And tell me I would and do that instead. of those single crypto bull you're. getting. And I'm not anti-crypto. I have. crypto in my portfolio, but I like to. have a well-balanced portfolio. You went. from like $10,000 total down to. a couple dollars. So, that's. And that could have paid for It could. have paid. could have paid off.

10,000 of the 14,000 You could have. completely paid off the Bank of America. card. So, that's. I see. I get it. Yeah, I just got ahead of myself at 18. making money pressing buttons on my. phone, so I see I would I know you're. trying to get through school quickly. I. do realize that that. but you can't pay for it. I'd rather you. do have to credit hours double the. No, you know, take two more years half. the credit hours. and. uh work at that job again and like cash. flow as much as you can.

Then student loans the rest. Certainly not on credit card. Okay. I don't know how to budget. You people. get upset when I don't do a budget, but. I don't know how to don't know how to. budget you. Um because your income's weird and how. to pay for things I honestly don't know. So, I think we we need to talk more. major life things. You gave yourself a. five out of 10 there for a bit. Uh. What I do?

You've gotten yourself. into a special little hole there. The hole you've dug yourself in is so. brutal. Normally I would say any hole would do, but. well, the one you dug yourself into. it's like it's just completely ruined. Sorry, they're laughing at an inside. joke. They're not laughing at you.

Okay. I'm just a little comedian. Making hee haws hee haws left and right. You're like halfway through this You're. over halfway through this semester, aren't you at this point? Mhm. One month left. Have you signed up for. classes for Are you taking summer. classes? I enrolled for one. Just one class? Mhm. Okay, you're weird. Doubling up for one. semester and then take one class the. next semester.

It's funky, but It's so I can work more. during the summer. Yeah, well, I was going to say. take summer completely off if possible. and grind, grind, grind. Uh. when do these college bills do by? Cuz. sometimes they they sometimes they like. won't let you enroll in new classes. until you've paid the balance. So, if you enroll try to enroll after. this semester is done. for the next semester, then you can't. But, if you haven't paid the amount that. you do the amount you're due. But, since. I enrolled during this semester for the.

next one, I still have time to pay the. money that's due. So, they let you. enroll. I haven't uh gotten that far. But, what. happens if you don't? Do you know? I'm. not sure. Talk to an advisor. Yeah, you probably get dropped. I think you get dropped from them. Okay. Yeah. What were you making at your peak, a. month in the sales job? Is that the job. you're getting? So Cuz you were talking about working at. Costco. Yeah. Uh what's the Costco wage?

So, I believe it's like 16, 17. You're going to work. Is it one of those places that doesn't. allow you to work more than like 30. hours a week? Uh I'm not sure. Cuz then they don't have to give health. insurance. Ideally, I would like to get a sales. job. Um just because. love you to get a sales job. That'd be. awesome. Yeah. Um I'm thinking about going to a. dealership, but the problem with like. dealerships and sales jobs is that they. want a full-time employee to be making.

sales. And they're not very lenient with. school. I want you to work 50 hours a. week minimum. Uh. actually, that's a lie. I think I'm. kidding you cuz it's summer's only like. 2 and 1/2 months. I need you to work at. the 16 bucks an hour if they allow you. to. If not, you're getting two jobs. But, you're 60 hours a week minimum. But, you can do it. You're young. You. can do it. You don't need to see each other as much. cuz you guys are madly in love. So, everything will be great. Right? Right? Yeah, I mean, if it's for his.

budgeting then for sure. Okay. So, $960 a week. times that by 52 divide that by 12 uh. $4,000 a month before taxes. Say you. bring let's say about $3,250. Times that by. 2 and 1/2 months that you work. That doesn't even fully pay off the. tuition that you owe. So, that's $16 an hour for 60 hours a week.

minimum. You are in a funky position. The student loans you've been approved, right? semester. Um. 2024 2025. Peter to pay Paul type situation, but. I'm like thinking do we use some of that. to pay off the tuition that you've. already borrowed, but then it would just. keep getting in a situation where we. have to pay off the past tuition. Oh, I'm not going to say this, am I? Oh, no, I'm not. Oh, I'm nervous. Alice has recommended.

something bad. Oh, I'm missing something. Leave good things. brain thoughts in the. comments below. This is interesting. This is a challenge, a fun little. puzzle. I'm just trying Okay, there is actually. lots of solutions. There are lots of. solutions. Why I'm struggling to say any. of them is cuz none of them are good. Um so, I'm trying to think of like the. least bad solutions. [sighs].

Okay. So, what you could do. and this doesn't even take into account. your minimum monthly payments. So, your. minimum monthly payments are going to. take So, let's say you make $8,125, but then we also have to. take away the 1,500 in Apple minimum. monthly payments and the. 900 in Bank of America payments over the. course of that 12 months. So, that. brings in $5,000, which covers. uh $5,725. So,

that means you spent nothing on fun, by. the way, not even a single cent. That. means you spent nothing on gas, which is. impossible. that consolidated? We talked about that, though. But what if I actually close those. accounts and didn't use those credit. cards? willing to close those accounts? My my main thing is I don't want my. credit score No, no, no, no, look. Who gives a about your credit right. now? You're not taking advantage of. credit. Credit's taking advantage of. you. Also, were you on like your. Were you. Are you on like your dad's credit a.

little? Were you on any of his cards? Or. your mom's? Cuz I don't understand how. your score is so high at your age with. these balances. Your cards are maxed. out. Do you have Credit Karma? Mhm. No. Download Credit Karma real quick on your. phone. Cuz I don't believe you. Something's. It's just what the like the my each of. my bank apps have like a credit score. Pull it. Let me see. Download Credit. Karma, set it up. [snorts]. I mean, maybe you're. I don't care. It doesn't matter. It. doesn't matter. Okay. Y'all, this is the. time to switch to my favorite high-yield.

savings account. With SoFi, you can get. 4.6% on your money. I hate when my money. is just losing value, so make sure. you're keeping up with inflation at the. very least. You can also get FDIC. insurance on that money up to $2 million. with them. Plus, they'll give you money. up to $300 when you set up an account. with them. There's even extra perks like. being able to get paid a couple days. early. SoFi is what I use when I'm. setting money aside, and it is the. banking app of the future. Sign up link. in the description below. I always want. my money to be making more money, so.

don't lose money on yours. Personal. loan, private student loan, I hate it. I don't want to recommend it, but we might be in the cuz you're going. to let's say you spent over the course. of that month the other $725 on gas. So, let's say you have $5,000 net because. you spent nothing other than a literal. basic necessity. Do you have to buy your. own groceries? Yeah. Minus another $900 for those 3 months. Okay, $4,100. So, half.

Less than half. What you might have to do. This harms me to every corner of my. being so that you can continue to. enroll. Wait. Wait a minute. Yeah, you might have to take a fall. semester off. I was That was a. That [snorts] was an option. Yeah, you might have to take fall. semester off and you might have to grind. all the way throughout the end of spring. semester. I'd actually pull out of your summer. class right now. I would. Grind complete nail this I know.

you're cheating, but nail this semester, all the crazy amount of credits you're. taking. Then. grind from now all the way to the. beginning of next spring semester to pay. off this past debt. And then yes. as much Focus up. As much as possible. put it all towards the credit cards. after paying off the past college debt. And then yes, student loans hopefully 4%. or so to pay for the remaining two. semesters starting next spring. So,

you're doing. 2025 will be your final two semesters, 2025 spring and fall and summer if you. can. Which you'll be doing on federal student. loans and you're grinding until then. making as much money as possible, keeping your needs to an absolute. minimum. No more paid for dates. Are you. okay for that for a second? For a. second. Yes, I want to try that. Okay, you can. pay for things if you want to. It's. 2024. You know. So, you can cover a meal. She's been a. real help, so. Good. Uh yeah, cuz he's going to need some.

major support cuz he himself. Uh. so, yeah, you're grinding it out. You're paying off as much of the debt as. you can. So. cuz. Well, let's say let's just say $16 an. hour. Let's say 60 hours a week, which. is going to be wild, but if you can do. that, that's absolutely awesome. For 8. months, 30,000 bucks or so. You won't fully pay off your credit. cards because of the what you need to. survive. But your credit card balances.

will be brought lower. Your student. loans will be paid off. You'll be able. to pay off the Apple Card and the Bank. of America card still might be there. But you're going to work a little during. the next the the semesters where you're. in school in 2025, and you're going to. use that to continue putting money. towards the Bank of America. Then after. you graduate college, you're going to. get a job in the career field you want. in sales. You're obviously good at. sales. You've been doing that for a. while. You I mean 15,000 at 18 is wild. That is a good sign. And um. from there, you then pay off the Bank of.

America card as quick as possible after. college. So now we're talking like. beginning of 2026, and you save up for a. fully funded 6-month emergency fund. And. then at that time, you're 20 you're 23, and you're putting 20% of whatever you. make aside for retirement, you're. actually going to be killing it. You're. going to retire very well. He has a. bright future. He just needs to. sacrifice now. Uh so, he's not a. complete failure, and I don't fully hate. him. Actually, I don't hate you at all. anymore. Thank you. Actually, I I see a. bright future. So,

uh it's been a roller coaster of a. conversation. I see a path forward. It's a multi-year. path. It's going to be long-term stuff. Go. through our budgeting program as well so. you can learn how to just manage money a. little better, and we kind of walk you. through things. We'll hold your hand. Go. through some education. Take the class. Don't cheat. Don't cheat when you go through our. class. I don't think you can. Can I ask a question? Please. Um so, you said to take fall and summer. off. Yeah. But what if he already has fall.

and next spring paid off because he got. financial aid for those? Well, [snorts] the main. Well, because. the reason I thought of that is because. he literally has no way to pay for the. past tuition. Unless, and this was what. I was going to suggest before thinking. of that, could take out a personal loan, private. student loan to back pay whatever you. can't pay after working your the summer, which might be like four or five. thousand dollars. It sucks. You can do. it. That makes the burden harder post. graduation. He's going to be able to.

borrow some federal student loans, I. would be willing to bet. If he took summer fall off work off. Yeah, cuz it's going to go off of tax. returns and you're not going to have any. like super crazy tax return by any. means, but when you're starting to apply. to. borrow them at the end of this year for. the beginning of next year. So, I I. would still do that personally, just. from a financial standpoint. Cuz here's. the thing, you're right. There. That's a band-aid solution.

But in the path I'm going, the dude by. mid 23 years old, maybe 24 beginning, he. has a fully funded emergency fund, no. bad debt, and his school's paid for, and. then he has some low interest rate. student loans, and the dude's able to. start maxing out his retirement, and. he's living a great life. Over the course of the next two years, I mean, that's that's a win to. me. I would rather do that because it leaves. less risk in your life. You're also just not great at school. Let's be real. Without the help of. cheating, let's be real. Without the.

help of uh. or not being taken legally, let's be. real. So, are you not giving it to him, are you? Are you okay with. Um, yes. Okay. I don't think he's. abusing it. Are you giving it to him? No. Okay. I hope you're not abusing it. Mhm. Okay. Okay. Okay. I know a lot of a lot. of people use it. I'm just I don't take. stimulants like that. Coffee's my go-to, but uh just cuz I have an addictive. personality, so I know I would become. dependent on something like that. I just.

don't want you to. And that's always my fear, especially. since he has the dependency to vaping. So, it sound like it's completely. against. But, he hates himself when he's. on. Okay. Okay. So, either way, you're not. good at school. No. That's okay. I'm not good at school, either. But, what happens if you borrow this. extra loan, and then you go into more. debt, and we haven't taken any care of. any credit cards? Cuz also, if he is. taking out student loans, how's he. paying for the credit cards' minimum. monthly payments all throughout this. next year, anyway, if he doesn't start. tackling it by taking some time off? So, if you don't, and you're just borrowing.

more, and you haven't made any progress. towards your debt, and all of a sudden. you don't make it through school, let's. say, then all of a sudden you have all. this debt and nothing to show for it. Where I think, personally, just based on. how people tend to operate mentally, if. you take a couple semesters off, the summer and fall, get the burden off of you, you'll be. able to focus more in on school, even if. you're working just a few hours a week, as well, to make sure you're keeping up. with minimum monthly payments on the. Bank of America at that time. I think he.

has a higher chance of graduation at. that point, and I think he has a. brighter future, which means if you guys. are going to be together, I think you. both have a better future, as well. So, that's what I think. Sounds like a plan. Does it though? What do you think? Give. me your full thoughts on that, cuz that. was a lot. I mean, it makes sense. To be honest, I. was already thinking of taking the fall. semester off, but. I wanted to Well, I didn't want to take. it off, but it was an option to take it. off due to the fact that I'm not going. to be able to pay for the classes.

because, you know, I don't have a job. Um so, uh I think I'll most likely end up doing. that because I have to pay I have to. start paying, or I'm going to start. missing payments. Um not late fees. I'm. going to get, you know, straight-up. missed payments, and I don't want that. Um. Yeah, but. I guess I'm not taking classes next next. fall. do this? Yeah. Do you think he'll do this?

Yeah, I think he's actually like more. into work than studying, Yeah, I'm I think that's I like working. a lot more. I think I can work 60 hours. a week. I can't study or do classes 60. hours a week. a constant reward. Yeah. I'm paying school to give me work. I'm working to make money. It's like I. know. That's how it works. but. so if I could get, you know, like you. said, the summer and fall off, make some. money, [music]. um. not spend it, um.

then I think it would be a lot better. than, you know, just. dragging myself through school and then. you know, just racking [music] up. um even more debt. and. my credit would be trash. [music] Okay. We'll make sure to stick around for the. post show, everyone. It's as simple as. this. I mean, you were you your second. score attempt was correct. I mean, you're nothing in every category, objectively. So, Hammer Financial scores. zero out of 10. Make sure to 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 program in. the history of the internet, which he. needs. Today on the Financial Audit Post Show. I'd still dig into you more about that. cuz it's it's. you're not making anything now. You have. bills that you can't pay. Your. discipline is lacking when it comes to. spending. My self-discipline is pretty. bad. For me to not spend money, I just. stay home. That's my tactic. To watch. the Financial Audit Post Show, click the. join button below.