Ignorant Wife Faces Financial Infidelity | Financial Audit

we're pay advancing do you know he's pay. advancing I don't know what that is he's. getting his paycheck parts of his. paycheck early and then having to pay it. back yeah she doesn't even know that. no I'm Natalie I'm 22 and I'm Christian. I'm 23 from Willis Texas and this is. financial audit well thanks for coming. over guys so what do you currently do. for a living I'm a stay-at-home mom got. two kids right what are the ages uh you. guys are so young this is insane what is. this the 50s no I mean I'm all about it.

I'm just like I can't even picture a. little stinky uh sticky thing running. around and I'm 29 Kill Me Okay so we've. got two under two um kill me it's not. for the faint of heart I will tell you. that um my oldest you look like you're. in high school this is insane okay sorry. sorry this is blowing my mind I'm just. getting old I'm getting old it's fine um. my oldest is two and a half he was born. in September and then my youngest is 14. months old born on December yeah so. being stay home mom makes sense what do.

we got going on over here yeah I'm a. restaurant manager I um in The Woodlands. Texas I just recently got a promotion. it's going to be like a multi-unit type. of thing oh that's cool what's our. current household income it's about uh. $5,200 $5,500 a month net or gross net. 50 52 to 54 you said yeah what's it. going to be I already got the raise oh. okay I'll be honest I mean for a two. person person household in a not cheap.

area with two little kids it's not the. most like beefy salary but we are young. also at the same time so we can't I'm. not going to knock $53,000 net at 23 not. even close so I mean that is cool within. itself and child care is very expensive. so it's hard to do that what what scares. me okay we're young we're a young couple. we got kids cool awesome so we take out. a helck and then we continue to borrow.

money is this the way we're starting off. marriage is this the way we're starting. off building a. family what the are we possibly doing so. I was in insurance for a while and uh. you'll see some of the deposits from. that and I was like buying Insurance. leads and basically living on a credit. card when I turned 18 years old Chase. gave me a $1,000 credit.

limit okay but then it's your choice to. it up I I know but yeah I know at 18. it's hard I opened a credit card I. opened a couple credit cards at that. time I was dumb dumb and I paid it off. um but that did not answer my question. about hilock and continuing to borrow. more money that's not starting raising a. family off in a financially good. position what are we doing I I feel like. I'm in a situation where I can't save my. way out of.

my expenses save your way out of. expenses you mean earn your way out of. expenses no like i e either. way like you want to save enough money I. feel like I guess the reason I keep. spending is because I feel like no. matter how much I save my expenses will. be more than my income but your expenses. were all. like yeah you say that like I don't have. the numbers right in front of me no no I. know what are we doing. yeah I feel like I feel like that's why. we spend but but yeah why that's why we.

spend why what's why we SP no I know I. know that's a bad mentality but that's. just he has a problem telling me no and. what are you the spender and he's the. decider and he says no and you say well. no no I'm the I'm the. spender I'll ask for things he won't. tell me no even if we don't have the. money for it and so it's gotten to the. point where I have to really push and. say do we actually have the money for. this and he'll what mean do you guys not. sit down and talk about your money no no. okay okay well let's have this marriage.

like exist longer than a few years and a. good way to do that is sit down and. actually understand where our financial. picture is right I say that as someone. who's never been married but at least I. understand the finances around it yeah. why why have we not sat down and talk. about this about money in any way. whatsoever I feel like my. responsibility. as a man is to make sure that I'm living. below my means which I'm not that's a. responsibility as an adult about you.

being a having a to provide to provide. for her yeah so that's why that's why. it's hard for me to tell them is that. where you guys are mentally no I think. he feels guilty. about not giving me things that I would. like if that makes sense like he I'm at. home with K you pressure him into. getting things no does she pressure you. into getting things she says that we're. broke a lot which makes me feel bad then. why do you get the things if you're the. the spender if you specifically say hey.

we're broke then why do we go spend. money as the spender I will say I'm also. the spender okay then what the that mean. you just I'm death by a th000 paper cuts. and she's like so you do the big. purchase he does lots of small purchases. yeah okay yeah I'll I'll give him that. he does get like the what are you. getting what's your thing close. yeah yeah let's take a moment to. consider something how often do you. think about your online security in a.

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the time yeah so that the one-year-old. can see a new. outfit I mean you have a point cuz I. don't leave my house exactly that's what. I was kidding at okay hilock why do we. take out a hilock because my minimum. monthly credit card payments were like. $600 month and it was either it was it. was either not pay them or take out a. heok I couldn't Hado early yeah I would. agree with that yeah was it a not an the.

first one wasn't we actually planned him. the second yeah mhm. so I I feel like we were really good. with our finances we bought a house at. 18 uh what you said at 18 you got a. massive credit card limit and Max it out. that was like a year or so later I'm. just saying they gave me that credit. card limit when I was 18 okay okay so I. feel like I feel like we were more. financially responsible when I had a job. and then I went $99 and insurance and. just and he just really yeah he didn't. really work when he was in Insurance cuz.

he was working from home but then we had. just had our first son and I guess he. felt guilty about leaving me at home. with him even though I was like kind of. okay and so he would just not stay home. or if he would hear him like fussing and. stuff he would just come downstairs and. like help out and everything instead of. going to sell insurance H okay so you. took it out to pay off the credit card. debt to be clear correct okay any more. kids no not yet not right not right now.

okay but but okay so okay as long as as. long as that's not in your meia F I'm. just trying to determine because we are. not starting this family off in a. financially secure way and then our. spendings just ridiculous I mean to be. clear I mean spoiler. alert spoil alert alert we woo we woo. total income that came in and this. includes some extra stuff that came from. your insurance days I guess some reur. yeah I still get I I get paid every. month from it yeah so if we're bringing. in 5,1 $161 in total.

$663 55 going out. is uh insane yeah so we went to Oklahoma. I think during that statement for a. cousin's wedding and we just kind of. went crazy I will say if it we didn't. have to go to Oklahoma I would not have. wanted to go to Oklahoma so not my. prefer but we like pity kind of a. vacation so yeah but but but but we have. debt to pay off right we have kids to. take care of of M right so you.

vacation what vacation why what kind of. responsibility is that you guys are. young but you've taken out a lot now. it's time that we were growing. up yeah I guess it was just like we had. to go to Oklahoma we were like if we're. going to be there we might as well yeah. go to Oklahoma cost 2 cents to exist in. Oklahoma over exaggeration calm down and. it but you did not have to go crazy dude. not even close yeah but we did I know.

you did but what makes me afraid is. doing it again yeah yeah and if we don't. understand that it's completely bat. wrong when we're out of when we're in. terrible destructive. absolutely terrible debt how do we know. we're not going to do this again that. scares the me me too all right not. giving me a I guess that's kind of. confidence here I guess that's kind of. why we're here is just. to since we don't create a budget we. just kind of like don't look at it and. spend yeah well we're going to put you. through the budgeting program like any.

other couple so make sure you take that. take the education build the budget but. all the actions that have let up. starting at 18 from you now five years. later later what how's your finances. been since you graduated high school. towards now okay so we basically we met. when I was 17 he was about to turn 18. High School sweethearts no he was. homeschooled yeah so no we met at his. sister's wedding sure yeah um so. basically he I didn't know any anything. about finances cuz they don't teach you.

that in school which they should um and. so he was the one that was really doing. everything and I was just kind of. working he was helping me figure it out. got me a credit card to build up my. credit yeah then we did you teach us the. fundamentals of credit cards I don't. think so because you were your own. credit cards okay so cool yeah what were. you doing I did buy her a car in cash. though okay mhm yeah we didn't take it.

alone so that's good yeah okay cool high. five that that doesn't negate any of the. stuff here that's not how this works um. okay this is insane this is ridiculous. let's let's let's just start div. actually before we dive in give me a. financial score I'm going to say 3 2 1. go on go I want you to both give me your. household Financial score 0 to 10 zero. being the worst 10 being the best so 3 2. 1 go and then you say it three 2 one go. Z oh what the that is a big difference.

by 50% of the scale yeah she's just not. involved in our finances okay well. that's an immediately that's an. immediate red flag you guys got to do. this together even if you're not out. there earning I mean at some point you. probably will again it will be many. years down the road and maybe not. doesn't have to be a requirement but. just typically that's what we see these. days um and still you guys need to come. together understand where we're trying. to get to what goals are we trying to. achieve what does it take to hit those. goals along the way those are. conversations we need have together if.

one person's dominating the household. finances that's that's a recipe for. disaster looking forward cuz at some. point you're going to want to be more. involved in the conversations and if. you're jumping into the deep end of an. absolute mess and confusion and you. don't know how to work with someone at. that point because you've just been. doing it so long together it's going to. be a mess I think that's part of the. reason why I don't bother with it is. because it is so like over it buring her. you're burdening her by up the finances. and she's having to deal without without. knowing what's going on true that's a.

burden not burdening someone by giving. them well you can burden someone by. giving well I did tell her that we're we. go more into debt every month you guys. want your Hammer finan score though it's. uh Linked In the description below it's. free uh but speaking of yeah going into. that every single month we're pay. advancing we're pay advancing do you. know he's pay advancing I don't know. what that is he's getting his paycheck. parts of his paycheck early and then. having to pay it back yeah she doesn't. even know that no.

no you've never told me that never what. do you think cuz that's like scary like. what are you doing that for for bills. that come up what bills cuz our bills. come out the first of every month not. all of them the ones you've told. me no not all of our bills come out the. first of the month but so here here's. what happened I is are those in. February I I accidentally paid my car. this month I accidentally paid my car. pay payment twice okay but that doesn't.

account for everything here you pay. advancing constantly well yeah but it's. it's one of those things you get. into once you pay Advance once then you. just need it the next time around and. the next time around not necessarily. though because these are like close to. $400 okay that's not an insignificant. amount of money but. $400 it's $100 okay but when you pay it. back you when you do the reset okay I. see what's happening is doing $100 at a. time yes okay well that makes that makes. what I was about to say even easier it's. $100 yes for many people you get into.

that and that's a hard cycle to break. $100 is not even close to a make a break. for someone who's bringing in net. $53,000 a year yeah what is going on man. got to give me something here I got to. get some kind of insight so I guess I. finally decided to like close our credit. cards or lock them or whatever however. that works and I was just like starting. off in my checking account with like. nothing um cuz kind of the way like my. mindset worked was and I feel like I. learned this just throughout my.

childhood except for my parents made a. lot more money than me uh they would now. they would put like everything on a. credit card and pay it off so I would. just put everything on a credit card not. knowing how much I actually spent on it. and then I go to pay it off at the end. of the month than I can I don't know I I. I mean I know how to manage pnls and. stuff I'm pretty good at that but I just. never dealt with my own how do you feel. how do you feel you're get you're. hearing things for the first time a lot. I need to know how you feel how is is. the status of your guys's marriage right.

now mostly revolving around the finances. but where are we sitting today I mean. it's concerning that I didn't know that. he was taking out part of his paychecks. early um I've definitely feel like. that's something I should have at least. known yes he doesn't really involve me. in the finances but I feel like I should. have at least known that on if he was. taking out parts of his paycheck before. getting paid don't you think you should. have told her yeah why didn't you I.

don't know I honestly just I don't know. the answer for everything no no I didn't. I didn't think about it come on I didn't. but like you didn't think I've not. included her in our finances since we. got married so I just didn't think about. it have you ever asked to be included in. the finances no why it's just really. confusing for me stressful yeah and I. well it's clearly going to get more. stressful if we don't ever yeah okay so. yep we're borrowing that and then we. have the fees on top of that he lose he. loses four bucks every time so that's a. 4% 4% immediately gone from the money.

that is borrowing from his. paycheck yeah all right and then on here. so here's a so we have a paid for car. you said you got a paid for car for her. but yourself no no I I bought my car in. cash but the so that car ended up going. out first off it was a coupe and we had. two kids which was I have been begging. him to get rid of that car for a really. long time yeah why don't you get a car. within what makes sense of your f. finances because we had we had no cash.

when my car died no that doesn't answer. the question you have no cash how does. that equal get a more expensive car than. you can afford usually that would mean. getting a car within your Z budget huh I. mean I I didn't have any cash so so how. does that equal getting a car you cannot. afford that doesn't make sense I don't. have any cash that means I get a car I. can't afford instead of a car that's. within my budget buddy you got to give. me something what am I working with okay. so I mean it's it's hard to drive around.

a small cheap car when you have two kids. and a car seat two car seats yeah but I. think you went a little overboard for. what you needed you could have got a. Jeep Cherokee like my Jeep Cherokee for. about 12,000 bucks 2019 Jeep Cherokee. that's what it's worth about and you can. easily fit them in there it's. safe I think where he was coming from is. we know we're eventually going to have. more kids well that's why I asked that. at the beginning you guys said no no we. said yes not yes but not like right.

right now when when probably in the next. year and a half no it doesn't make sense. why not clean up your finances first. kids aren't cheap you can still have. them while you're getting out of debt. yes and while you're Building Wealth. sure absolutely but a lot of your think. I don't know because you're delaying a. lot of things that set you guys up for. Success which pushes a lot of the. pressure on them at some point yeah I. want you guys to be in a better place. before we start bringing in before we. start popping out more I I think one.

more. planned one more. planned I'm getting snipped after okay. so I I think I think my justification. for that was it's a it's a good reliable. car what is it it's a Toyota Sienna and. even still that what you just said. didn't make any sense because my Jeep. likely holds you can't put a third car. seat in the middle no no you're not. supposed to we tried oh well that's me. that's that's on my lack of knowledge. maybe if you get like some of the more. expensive car seats has a third row yeah.

it's a eight eight people okay yeah I. don't know what I'm talking about when. it comes to car seats car seats it's not. my field of care giving a anyway. whatsoever that's okay to. SI for. $2,281. 28 at a interest rate of what it's 8.9. not great 9% minimum monthly payment uh$. 54950. because it had over 100,000 miles the.

banks will only do 48 months what is. your what do you mean be banks will only. do that's the longest they'll go yeah. why would I want you to go longer than. that that's terrible no no I I'm just. saying that's why the payment's High. payment's High cuz you probably got. something that you just couldn't afford. right now well your paid off car what. kind of car is it no that's her car now. I took over her toot Corolla okay so. you're never going to drive around the. kids well no he is see it doesn't makes. more okay so sure I had the lack of. knowledge and in terms of where you have. to put a car SE and that's you know fine.

okay that's awesome you're preparing. when you got this for this new kid that. just again we've already established and. you guys kind of agreed that maybe you. had kids a little too early mhm yeah uh. does does that flow in with having. another one right now now maybe you're. just trying to keep the ages like less. get so I mean there's a family planning. perspective and then there's the. financial perspective and it's hard to. mesh what were you gonna say I mean I. could probably only go through having.

one more kid I almost died with my last. one oh my gosh yeah it was a whole whole. ordeal I would not recommend almost. dying it was not fun yeah you want to. almost die again no which is why I want. to wait a little longer if I even want. said a year well yeah you guys are not. decided on this no it's more like why do. we buy the car for it then instead of. waiting until getting the car then. that's cuz that's all I was going to. suggest is this was not necessary right. now right right now you could have.

gotten a car that was about $10,000. cheaper that would fit your situation. now and then figure it out financially. at that point yeah get a credit scores. better get a better loan that's the. clean up finances having a fully funded. emergency fund would you want to have a. kid without a fully funed emergency fund. anyway like I mean no I mean I know. you're already in the situation you're. in but without having a fully funded. emergency fund our situations just so. dangerous financially speaking as a. household yeah I think also the reason. that interest rate is so high is cuz my.

credit score when I took that out cuz my. credit cards were at 110% utilized yeah. it was 580 when I does this make sense. to have done this at that point I would. say no 12% 12% interest on what 32,000. uh that's a credit limit oh my thing no. that's it's maxed out oh me what are we. what are we doing why what did you do. you know this is maxed out you know he. has a maxed out card at 12% it's a lock. oh this is the.

helck there it is. yep the helck when okay I need an when. he went and did the Helo where you. consulted in any way whatsoever yeah and. I agreed with it okay did you understand. it I did he explained it okay it was. that or just not payer credit cards but. you said the minimum of the payment was. like 500 bucks a month right it was on. on one card oh Al together what was it. was like it was like 900 bucks a month. how much were you making in your. previous position my house income went. up about like 500 bucks a month so what.

do you mean nowar to last time yeah I. mean depending on your living expenses. you could have made it work you could. have also done I mean I think the fact. that I only work 40 hours a week yeah um. any consolidation did you look into any. kind of consolidation yeah but my credit. cards were like 110% utilized so I. couldn't get. anything and the only reason I got that. is cuz it's a credit union so $3. 32,41 53. yeah.

12% the Min monthly payment. of 330 41. yeah it's interest only for 5 years part. of the reason it's so high is because we. also had a second lean on our house. because. the are you kidding me so we were in a. program that paid for our down payment. for our house so we closed in our house. for $20 and they forgave it like that. means 20% a year well that's okay so we.

had to pay off 6,000 for the second I. think you guys have uh rushed into. something yeah trying to be a little. older than you are right now sure at. some point it would have made sense in. the history of the United States and the. prices of homes for someone in your age. range to have bought a house immediately. like oh we're going to go pump out some. kids and just go get a house for a you. know box of donuts that's like that's. not I think you guys are Rush into the. wants of this life this dream life that.

we've envisioned we've just gotten. ourselves into a risky situation in. general um I foret that we're so young. yeah yeah I don't think about the fact. that I'm 22 yeah you guys have baby face. so hold on to it but you have it it gets. sad real quick does. it. Freedom just wear sunscreen every day. I've heard that okay. $2,446 Li you're not close to maxing out. this one no interest is this in an.

interest r period or do you pay this off. every month you purchased 37 it was paid. off before that month it's not anymore. no why why'd you do this we had $1500 in. car repairs well your spending is also. ridiculous yeah Starbucks and Tu car. repairs on what the Corolla the 2009. Corolla it was. $1,557 and I had to do it because it was. the E part of it was the EVAP system so. it couldn't pass inspection $40 minimum.

payment inspection uh isn't something we. have to do in Texas anymore what do you. mean I don't know if that's been. officially been applied yet but you no. longer have to get an inspection to get. registered really yeah they passed that. law I don't know if it's effective yet. is that smart don't let me spread. misinformation well from it blew my mind. when I moved down here in Texas that the. inspections are even a thing because. that's not a thing in Michigan oh Mich. yeah you didn't have to do that up in. there you just got your car registered. hm. me it's because of a car repair the pink.

lines are all bull the pink lines are. all the pink lines are all two. pages of this do you even know you're. spending you guys don't go over it do. you even know what's happening at this. household Wendy's Amazon Wendy's juice. bar which by the way supposed to be. giving you money not you giving them. money Panera Bread liquor Raising Canes. Sonic Life cafe juice bar Raising Canes. just just make a juice just make a juice.

they won't know no no don't don't steal. from the company Raising Canes I vak I I. do get them for free but there's like. some bottled stuff that I don't stop so. I get like the oai bowls and juice for. free stop then stop then stop spending. money I know what doesn't make any sense. Disney Store Taquito Taquito. McDonald's what is this Black Rock thing. coffee that's me great coffee panda. Express juice bar juice bar Once Upon a.

Child hello wisp Koopa yo Starbucks. Taquito McDonald's Taquito Amazon. Marshalls Black Rock Coffee waterburger. Black Rock. Coffee Taquito Taquito Taquito. waterburger Pizza Netflix so many. thrift it's the gas station he says oh. so I take it you're the Watcher of the. show you're not yeah I watch in passing.

oh and passing so too essentially mean. stopping at a gas station and just. getting some okay yeah we we eat a lot. of chips okay that go to the grocery. store I'm talking about get bassive bags. for much cheaper you stop at the gas. station for chips yeah for chips never. heard of people doing this who stops at. gas for chips go get a big bag in the. grocery store he com home every day from. work with beer and chips from the gas. station no I wouldn't say every day but. like you're going to get fat when that. metabolism dies 30 23 years old that's.

what happened to me the Doritos are just. so good and they don't have met HB so. they don't have Doritos at HB not the. ones that I well which which ones do you. get the the fire line ones go to Walmart. or something okay I will say a lot of. those food and spending is him he gets. food fast food quite a lot the only. things on there that are mine is Black. Rock the kid stuff and then Marshalls. yeah prom store. taquitos Chick-fil-A double shot coffee.

double shot coffee kidoba McDonald's brm. store Taquito brm store uh La drain. baking more banking that's from we're in. Oklahoma yeah that Rising gr your. spending habits didn't change whether. you're in Oklahoma or not it wasn't like. a unique situation you're just spending. going crazy Rising. grind brm store tequila. and baking again Taquito Taquito.

Starbucks Taquito and Carl Jr the. spendings wild you said you have a new. balance on the Freedom Card right yeah. oh oh right there this is the one that I. was using yes okay so written on this. one is like New Balance G so that's the. same thing okay no need for that one and. then on the Apple card. $839. 188 the minimum mon pay P $28 oh shocker.

most of the things on here are bull in. fact there was only one thing that. wasn't and actually it probably. you know in fact it definitely was cuz. it was only five bucks so I know you. stopped and got some chips where was it. yeah and I will say also he is told told. me that we can't afford things and we. can't afford to eat out and I'll cook at. home for myself and the kids and then. he'll get off of work and he'll say hey. I'm so hungry I'm going to stop and get. food I'll tell him we can't afford that. and he'll still stop what are you doing. why I don't know that is not an answer I.

I I don't if you can't get to the core. of why you're doing you ever going to. change I feel like it's cuz I work you. know for like eight whatever however. many hours and then I just eight hours a. day no I know no I know oh it's it's so. hard I know what well I I'm just saying. it's like one of those things where I. don't take any breaks at work so I just. get off and I'm so hungry so oh buddy. has a job yeah little job where he has. to do work and to be fair also he could.

get a free assai bow yeah instead of. going to a fast food restaurant yeah. true and Metabolism man when it dies in. a couple. years have your husband's going to be a. fat watch out I hope not door Dash. Chipotle Starbucks Chipotle Starbucks. Starbucks so who's the Starbucks her. it's right next door to my work and. congratulations make coffee like a human. adult nectar juice bar. and then some Taquito and Taquito juice.

bar door Dash door Dash crust I thought. see I thought we were at least picking. up food on the way home but we're. getting door Dash Crust Pizza Taquito. Starbucks Starbucks Starbucks door Dash. door Dash Starbucks and also door Dash. is him that I draw the line there are. you I will get door Dash. like once or twice a month he I will go. to bed and lay down and I'll come out in. the morning and there's like Wing Stop. on the couch and tell me like oh yeah I. ordered door Dash is your guys'.

relationship and communication and. everything how is your relationship I. would say it's pretty good other than. the finances yeah yeah really so that's. the one hard part yeah have you guys. done anything to help to try to mend the. financial Financial part of the. relationship I mean we're here it's a. good first step yeah mhm so this is it. this is the first step you haven't done. anything until now no when did you guys. get married again we got mared yeah it's. 2020 W it's a long time to wait to try.

to do anything finances okay okay here's. our mortgage this mortgage is incredible. and I'm uh it's disgusting that you're. ruined with a helck so you took a risk. by doing that down payment financing. thing it worked out in the end risky. yeah at a 2.7 rate it's delicious yeah. we got that sounds kind of high I. thought it I thought it was 2.25 but oh. yeah 2.7 so high compared to now yeah I. guess like the one good thing we've. looked at I'm happy.

$1,236 a month and 4 cents 40 which it. did go up quite a bit property so PMI no. so it was um my home insurance doubled. so I got a new home insurance policy and. I signed stuff that said that they would. cancel the other one and it never. canceled so my esro account got hit with. $3,000 in home insurance okay and did. you take care of it yes kind of and then. also I have I didn't file my homestead.

exemption why I don't know I know okay. is when you guys talk about things and. have conversations answer I don't know. about everything yes yes I did file my. homestead exemption now when I saw it. went up cuz my my mortgage used to only. be like. 950 checking account this scares the out. of me the absolute me. $121 67 in our checking account at the. time of the statement.

that's insane we have kids we have. kids but we choose to go out to eat and. get Starbucks and do all this every day. and even shop at our own place with work. and we have. $121 in our checkin account no sh we're. borrowing money from our paychecks. here's this Aqua thing and more door. Dash nectar juice Spotify the juice bar. water bill okay and then the juice bar. Apple cash scent Apple cash scent. clear cover what's that wait that's my.

car insurance but can I talk about the. apple pays those do get reimbursed for. me that's like if an employee buys. something for the store at Kroger zeling. not money Adobe who. Z Adobe um we cancelled that good we got. to buy our way out of it though yeah. affirm someone affirmed some hair. removal at home yeah things mhm I. Justified that in my head cuz it is. cheaper than hair removal he wanted that.

yeah right um don't need to go into that. earning repayment NBC peacock. peacock nothing on there Apple Bill. Amazon there's the Apple cash sign out. but we understand that now juice bar. Chick-fil-A some taquitos juice bar. Amazon Amazon taquitos Kindle unlimited. which you know I'm not opposed to you. having that at some point get out of.

debt first at least have an emergency. fund for the sake of your family first. go to the library and tell then juice. bar taquitos and apple Bill Amazon to. kitos Taquito taquitos Apple cash scent. we went over that though Adobe she. signed up for photoshop on two accounts. by accident. yeah don't ask me. how and Lightroom it was it was like. $100 a month McDonald's Wing Stop. taquitos Apple Bell.

Taquito juice bar another Adobe three. three mhm all of them are canceled now. what are you it was $100 a month there's. the Apple cash McDonald's and then our. savings went from $400 to $0 so our. finances are $100 in a checking account. with two children wanting to have three. but yes removing hair is the important. thing yeah it was sold to me like it was. sold to me list prevents you guys from. getting and other children immediately. grow that.

hair the way it was sold to me was like. you would save money not buying razors. and all right all all right but the fast. food come on. yeah so again we spent about $1,000 more. than came in mhm debt payments total net. in the end 5.6% of our spending or. $371 2017 net because you know we put. more money on debt so but n that's how. that worked housing total 22.7% % of our. spending or. $1,527 phone total 8 8% Transportation.

total 23.5% or. $1,555. N4 necessary food going to the grocery. store $136 that's not unreasonable for a. family of four 14% went going out to eat. or. 92625 so essentially double the grocery. budget I will say the. Kroger the grocery budget is highly. inflated because of my job and and I get. reimbursed for some of it all of it h.

yeah what like if I if I buy something. at Kroger for okay there were a few of. those sure yeah and so groceries though. we we've talked about cooking at home. and not eating out. anymore I will do that he won't why be a. I don't agree with that I really don't. why how do you not agree with that so. I'll I'll give the disagreement here. like yesterday um I was like on my way. home and she's like have no food in the. house and I listed off like five. different things that we had in the.

house and she was basically didn't feel. like making it is that true yeah okay so. why are we putting the blame on him well. we hadn't gone grocery shopping this. week but we we had food in the house. eggs Hot Pockets mac and cheese yeah. there's Hot Pockets in there oh there. are Hot Pockets in there she also said. there wasn't mac and cheese in there I. got home and I showed her the mac and. cheese there are also Hot Pockets in. there there there's food in our house so. what do the kids eat it to huh what do.

kids eat it to everything everything. everything a lot of fruit a lot of fruit. a lot of fruit my kids are basically fru. attarian yeah which is expensive so. we've gone to buying bags of frozen. fruit not a bad idea yeah takes some. longer to eat unknown shopping total. $58.39 of 7.8 spending that's usually. Walmart Amazon in your case mostly. Amazon and Target because we just do not. know what was bought there 1.2% % of. spending a color Healthcare 1.9 was.

subscriptions 6 was miscellaneous BS. which is mostly just stopping and. getting some BS because we threw the. Kroger in your grocery which a lot of. those were stopping and getting. something small but I guess you're. saying you're getting reimbursed for. those at work sometimes I do get off. work and we'll I'll get like three. gallons of milk cuz I also work next to. a crew yeah our kids go through like a. gallon of milk a day sure yeah okay yeah. but I will say that sometimes I will go. I don't normally drink coffee but.

sometimes I will go and get some if oh. my gosh guys get a Mr Coffee for like 25. everything it can be cheap coffee just. give you that little that little high. that you crave so much I like coffee but. I don't like the taste of coffee it. doesn't so off drink tea drink anything. else that has caffeine Diet Coke I don't. care if you don't like the taste of. coffee but you need the caffeine take a. caffeine pill well I like getting the. sugary coffee drink said don't taste. like so you like. Theos okay well shut the up and stop is.

what I would say next time you want to. go get that it's called to be a big girl. yeah but if I'm if I'm waking up in the. middle of the night with my kids and I'm. not getting enough sleep and I'm tired. and stuff I will say I the one that. wakes up with the kids so. our kids sleep through the night now but.

I wake up with them at 4:00 in the. morning when they wake up day and then. he we wake up at 5 5:30 yeah cuz I go to. work at 600 so what you just said was. incorrect so that was your excuse for. getting your little dessert. coffees but it wasn't. true. well she does still get up pretty early. just cuz I leave for work pretty early. dude just make coffee fill it with sugar. and milk like figure it out you can't.

afford it it's as simple as that yeah. okay other large purchases 6.2% of. spending are $410 39 let's see how those. broke down Marshall Sport Clips and. miscellaneous oh that's where all the. stopping and getting the things went. that's where we put it okay where m in. the other large purchases just combined. them as essentially one big thing got it. what is our goal financially what where. where are we right now in terms of our.

goals as a couple I've mentioned to him. cuz he has told me multiple times now. that we go further into that every month. so I have mentioned putting our kids in. daycare and going to get a job but he. doesn't want me to go and get a job why. well because so this is this is one. thing I mean that's not what that's not. what she ultimately would like so would. like to stay home with my kids but if I. need to go out so you choose. I do only work 40 hours a week so I can. go out and make more money and I guess.

where he's coming I can't get another. job where I have a commitment but I can. go out and do like 10199 side. hustles let me TR I like to come where. he's coming from also is the income I. would bring up bring in would basically. be the same amount as a daycare it 00 a. month well Havey shopped around yeah how. much she she's very particular about the. daycare though well fair enough yeah I. mean my kids are going there um I used. how much how much. 2400 how much 2400 okay a month yeah so.

I guess it's probably you buckling down. and making some more money yeah if we're. not going to compromise on anything and. even they're at a daycare right now. while we're filming this and it was $25. an hour that we are paying. for thank you very much thankfully thank. you okay let's do your budget yep so. total income across everything was the. okay so what came in was five. $1,161 okay let's get your minimum.

monthly. debts. 94750 for debt payments now our mortgage. which I'm not including in that is. $1,236 47 love the rate uh water what. was that water bill what's our water. bill like 20 bucks a month okay Gas and. Electric. nothing huh how oh electric oh it's 265.

but that's another one that's just. highly inflated so we didn't live in our. house the first like 8 months it was. there and I enrolled in average billing. so when I the first year the payments. were like $60 a month but they how many. square. feet um it's. 1309 okay and then it went to. 265 going to say 100 okay but it is it's. 265 every month for how long. I think it I think the average billing. resets in.

September okay. 265 Internet it's $50 a month t- mobile. home internet gas on average room room. car gas. um probably 400 a month car insurances. two. 296 I mean. 196 sorry for both yeah. okay toilet paper fund for the house we. got to get things for the kids we got to. blah blah blah blah blah really anything. and everything else you need to survive. around the house is get all the goodies.

when you take the button program it's. going to be more intensive and you're. going to line out everything but 200. bucks necessary food. okay I think we could do about. $900 should be that you're going to. figure out the exact number but I think. we should be able to do about $900. Medical healthc Care gym that kind of. stuff so we don't our health insurance. is like $25 a month depending on what I. if I start hustles. that's what it cost but is that get. taken out of your paycheck before no I'm.

on we're on Obamacare okay uh my job. doesn't have insurance so but you work. 40 hours a week yeah I thought that was. the law did they reeal that part of the. law it's a small business so yeah. oh okay but if I go out and do like side. hustles and stuff since it is based on. income you yeah subscriptions nothing we. don't have any right now. anything else in your budget that I am. missing these are the usual go-tos.

obviously your uh phone phone we pay 50. it looks like no that was T-Mobile home. internet oh okay um we pay 116 a month. to my parents that's those are the zels. to your parents yeah why is it so. much because my phone is financed once. you pay that off dude switch to helium I. partnered with them specifically so that. I can get people like you on like $2. month plans to use the same tower towers.

it's crazy. 116 it's crazy yeah the lines the lines. are 55 each so you considered a work. from home job with the kids I have. actually I just haven't been able to. really find one that's like suitable for. me yeah most of them you have to be on. the phone and she we just got to wait a. little bit longer yeah so the kids can. be quiet but that could be something. cool one thing you could do I mean I'm. just thinking of people the resources. that we set up people with if you want. to do like a tech work from home thing I.

could probably set you up with a. certification through course careers we. could probably do that cuz we partner. with them as well um that'd be cool I. would like to bring in money for us. absolutely and I was actually not not. anymore because he's in a an actual. preschool now but I was for a while. watching my nephew and they were my our. my sister and brother-in-law were paying. me to watch him and I was bringing in. about $400 a month doing that. so at least it was something it was. something that would cover your gas.

right I mean gas is so expensive and. only you drive no oh you drive a lot she. drives to her mom's house an hour away. oh how often jeez a week to Grandma's. okay sure she's happy one thing that is. really cool I know I've talked a little. I'm cheeky about children cuz they're. just a but like um one thing that is. actually really cool and this is. something that you know I'm lucky enough. being the first born when um my my. parents are 19 and 18 what is cool is. these two and potentially three they're.

going to have a long time with you guys. which is really cool you guys are going. to be able to be young and active when. they are able to go do things you can. take trips and all these things but in. order for us to live that cool life and. stuff we got to take care of our. finances now so that you can do those. trips MH and things that you'll want to. do when they are able to you know form. core memories and actually do things you. want to be those fun fun young active. parents I think that's a argument that.

I've made with him about me going to get. a job is cuz I have said that I want to. be able to live comfortably and be able. to do that stuff with them and listen if. you want to you can how much can Okay so. this was. what what town does Grandma live. in how far away from Houston is um it's. about 30 40 minutes what if. hear me out here this would suck this. would take some grinding wait what does.

grandma do right now she works from home. she does oil and gas stuff she able to. do. babysitting I know it's okay so I'm just. I'm I'm just in brainstorming no yes and. no um I could potentially get a job in. Cypress cuz she lives yeah that's what I. was thinking yeah like she lives like 20. minutes from like all the stuff in. Cypress dude even if you were making 725. an hour and she was babysitting for free. that's still more money in y'all's. Pockets now it might cover the gas. that's required to get there but even.

still that's just an example right so if. she's able. to if we're able to utilize her and you. still have to drive like it'll be. inconvenience but if if you're able to. bring an extra 500 maybe even $1,000 a. month that pushes that pushes us closer. right now we have a necessity of three. thou $. 43559 a month to survive that's our. minimum. how much $4,355.

yeah it's life buddy it's expensive you. guys got yourself into a mortgage I mean. it wouldn't be much higher than your. rent would be honestly but um it's. probably. lower well I mean. depending people think they can't really. find Bargains and then I pull up the. bargain show them and I know it's in a. safe area and they're. like I guess I just never looked yeah. but either way yes that's probably what. it would be about anyway but it's going. to be like it's going to go back to $900.

a month next year yeah after after after. it Rees no for turn that will be. fantastic that'll be incredible it'll be. different at that time also for the. groceries I feel like it's a little high. since I. don't well I mean if I eat at five days. a week so though right yeah you should. be getting your free lunch you should be. getting your free stuff not buying St. what I'm saying yeah but still eat. dinner at home mhm and then I have to. cook food for myself and the.

kids day you know again you guys will. figure out the exact number when you. take the program right this is I'm. trying to be a little more conservative. on numbers just so we can figure out our. debt payoff. strategy guys it's a new year and you. need to make your money work for you you. can do exactly what I literally do right. now and put my money in the best high. yield savings account SOI I get a 4.6%. yield on my money and I also Al took. advantage of the bonus of up to $250. when I signed up you can start 2024 off.

Amazing by doing the same by going to. the link in the description below should. have an extra let's call it $800 a. month that's our lovely little extra. money nothing in savings $ Z in savings. only have $100 in check account well we. do have we do have money in savings I've. been just set up auto savings of 200 a. month or $200 a week and how much is in. there. 400 right. how much is in retirement uh nothing. okay it's irresponsible as a parent how.

much is in retirement you don't make any. money so zerar mhm okay very. irresponsible as a parent I've gone in. the rant multiple times I feel like I. don't need to anymore but blah blah blah. blah blah essentially your kids will. have to take care of you for retirement. because they're they'll feel morally. responsible too and you're putting. McDonald's over that. so. yeah okay have $400 in there so first. month let's put $100 uh $800 aside that. puts $1,000 savings usually we don't. want to start doing things until we get. a one month emergency fund but even.

still man also one it's five months. takes over five months to get a one. month emergency fund yeah what one thing. you did Miss in. here where was the Tracee credit card. was after the. mortgage right. here was that this is the current. balance on my card so the monthly. payment is based off of this I thought. you said it was this was after it went. up.

sorry I thought it went down from 5,200. to. 2,446 no that was the the car repairs. like just recently but what we doing. it's going to take 5 months to get a one. month emergency fund before we can even. start tackling our debt and then it's. going to take then it's going to take I. know and then it's going to take 6. months to pay off the Freedom Card and. it's it'll take 1 month to pay off the. Apple card so that's 7 months to pay off. the credit cards and the HELOC that's. going to take that's. Insanity that's going to take 40 months.

40 death months and we got to pay off. the car which is at a. 9% horrible. rate I could definitely refinance that. now with your credit score no it's it's. 750 now really after I got the heok yeah. shot up even with your current credit. card balances yeah okay uh and then then. it'll take 26 months to pay but your. balance will still be the same. regardless yeah and then 26 wants to pay. off the Toyota so this is a what 5 six. year process five six year process so if.

you can bring in any 500 hours. accelerates this about 33% if you can. and then yes you talked about going and. getting another job packing ham and. cheese for your dinner in between sure. if you do that that's great listen if. you double this to an extra, 1600 bucks. a month net I mean that takes it down. from 6 years to 3 years 3 years to. sacrifice is nothing the kids are going. to be five they barely remember anything. around then anyway they're starting to. form their memories um so I mean that's. great then they'll only know a life of.

their parents not being stressed up. about finances so let's just say that. worst case scenario with a bunch of. sacrifice it takes three years to pay. off all the bad debt how you see. mortgage R sit and paying off that. monthly payment till it's paid off um. but everything else were taken care of. as quick as possible say it takes three. years that's nothing three years in the. remainder of your life 25 26 it's. nothing it'll fly by so quick you guys. have such great potential in your life.

such a great life left to live as a. couple and for your kids and to bring. another kid in this world there is a lot. of potential here and man if it's a. sacrifice for 3. years it is so worth. it so it's going to be a little harder. for you to figure out potential income. situations but if you can again I'm. happy to uh gift you a certification to. help at least Kickstart that have to. take the education but that's a good way. to Kickstart uh which will be good for.

work for home stuff but and then you if. you can work just a few extra shifts you. know at a different job or at that job. if you can I don't know what available. but even if it's at an other job a. couple nights a week if we can bring. this from maxtra $800 a month to 1,600. bucks a month for three years which I. think will be the worst case scenario if. you bring in 1600 bucks yeah in in like. a month and a half or so I'll be. traveling all around Houston to. different nectar different stores what.

should I do with the mileage money put. it towards gas but you don't spend 62. cents a mile in gas right right right. right well if there's anything extra. just put it in the whatever method. you're going towards okay yeah if you. anything extra just include that as. you're getting towards that doubling the. $800 goal okay yeah but also remember. this is also taking in account. maintenance on your car it's taking in. account a lot of things so there's going. to be expenses that pop up the more. miles you put on your car car that's.

already needed a massive repair yeah and. is 2005 20099 even though it's a. reliable car mhm yeah there's bearing. noise in the transmission so yeah it's. it's aging is there any budget did you. put any budget in there for like other. things that might come up like needs I. don't know one thing that comes to the. top of my mind right now is that we like. desperately need a hard water softener. it's like ruining everything in my house. my toilets my showers my tile well.

typically that's what we put the toilet. paper fun in this conversation cuz this. conversation it would take hours for us. to uh you and I to all sit down here and. come up with an actual line by line. budget so we do the toilet paper fund. which covers like it shouldn't be $200 a. month goes to toilet paper that's not. what it is it's those extra things it's. going to be a little bit of a cushion. where some of it goes to the next month. to cover larger expense you know and it. just kind of rolls over and then as. you're going through the program you're. going to get an actual line by line.

budget that you build and the only way. for you to actually do a budget that you. stick to you need to build it you need. to build it not someone else build it. for you you need to go through your and. figure it out and you're going to do it. together because if you guys do not. approach us together it's not going to. work okay okay sacrifice man go yeah. sure you can make it last six years or. you can go bring in an extra 800 bucks a. month net make a last three years bring. in even more together and it'll go even. quicker so it's up to you guys what you. do from here but you need a budget can't.

go out to eat anymore can't do all that. it's a temporary sacrifice you're going. to be in your mid 20s by then then just. follow the 50 30 20 50% on needs which. is easy to fit with your mortgage um 30%. on wants and 20% is good enough for your. investing at that point max out your. workplace retirement accounts and if you. do that open up brokerages you can do. MooMoo like I do you can do anything and. everything from there that's where the. fun conversations start that's where the. fun conversation start until then it's. the the pain in conversation which is. this so any final thoughts from either.

of. you I don't do you. no okay so you said five you said zero. for your financial score let's figure. out your financial. [Applause]. score spending in a. budget we're making payday advances and. we only have $1 in our cheing account. it's harder for me to give anywhere. higher than. two debt is not ah heck's not great but. it's not the worst of the worst that but. it's really not good either so probably.

get two out of 10 there emergency fund. you have $400 now so I'll give you I'll. give you one retirement there's nothing. at all anyway zero real estate is good. there might be a 401k somewhere the he. like brings it down so it's going to be. about a 4 out of 10 it would be higher. you keep saying that is that should I. have just kept the credit card debt we. would have had to approach that. situation in that moment man I don't. know but that doesn't all of a sudden. make the hea good true if we sat down in.

that moment we could have figured out. different solutions and brainstormed I. don't know what you looked like at that. point I don't know where your income was. I don't know where your spending was if. your spending maintained this in any way. whatsoever the amount that you spent on. going out to eat would have covered. those credit card. bills Hammer Financial score two out of. 10 make sure to check out all the. resources Linked In the description. below is they or what I use or would use. in specific situations including cluding. the best budgeting program in the. history of the Internet thanks to all of. our patreon producers for making this.

episode possible if you want to. participate in an episode of financial. audit and you're able to make it to. Austin Texas please fill out an. application in the survey Linked In the. description below you can also send a. link to your friends or family who you. think might be good to be on the show if. you have any questions you can email. casting cop hammer.com.