Loser Thinks He’s Better Than You | Financial Audit

40% of your income right now cannot be. going to food. have the time to myself. What do you think cooking is? It's time. to yourself. I'm not trying to come home after. working 10 hours. So you're just an immature baby cuz. that's what everyone does. I've been overworked for like the last 4. years. Oh, little guy has a little bit. of a job at 25. I don't give a. last. Congratulations, you worked a little. hard in your early 20s. No one's ever. done that before. Well, I'm going to be. in college for 3 4 years. You're going to be a negative checking. account right [ __ ] now. I don't give.

a [ __ ]. Download my new simpler budget app today. and take control of your money once and. for all. Hey, my name is Adam. I live in Round. Rock, Texas and I'm 25 and this is a. financial audit. The financial audit, he's here from. Round Rock. Thanks for coming in, man. Of course. What do you do for a living? I am a inventory supervisor at a car. dealership. Inventory supervisor. So not in sales? No. Okay, you bring in. the cars to the dealership. You're like. making sure they have what they need?

Once they get in, I make sure that they. get to the right place virtually. Um get them to service. I hate. dealerships, man. Me, too. Okay, well, why do you work at one? I. mean, they make money. That's why I'm. there. It's It's. It's stressful, but it's where the money. is. It's stressful? Very. Okay, what what. are you making in this job? Uh right now. it's a little weird cuz I'm in. taking classes, but usually I'll do 25. an hour. Oh, so some of your time is eaten up. with classes. Exactly. What is. What classes are you taking? Uh intro.

engineering classes, physics two. This is college. This isn't like you're. taking like. career like inter career classes. Okay, so you're in school right now. Yes. Well, how many credit hours are you. taking? I've taken like 80. Now, how. many hour credit hours are you. uh 12 to 15. Okay, so full-time. Full-time. So 25 an hour is what you're making. It's not bad, but how many hours a week. are you working? When I'm in class, it's. about 20 to 25 hours a week. How often.

you're mostly in class, right? Yes. Minimum 20 hours. I'm usually going up. to about 25 hours. When would you not be? Like are you. talking like winter break and summer. break or like. Yeah, so like for winter break, I was. working more. Yeah, well, that's 2. weeks, right? No, it's about a month. Um. I'm actually starting classes next week. And I ended January 11th. So what do we. have to hit your account on a monthly. basis? Uh from now on, uh 500 a week. So Okay. 2,000 a month or.

so. A little bit more because. I mean Oh, what? 2,100? I'd say 2,200. Oh, okay. 2,200. Okay. Now, honestly, 2,200 for a full-time. college student is actually I'm happy. with this. Yeah, it's pretty good. That's pretty. good. How we living in Austin though? Cuz I know Austin's expensive. How are. we doing school? How are we doing all. this? What is What's going on, my guy? So I'm not in Austin cuz Austin's awful. Okay, well, Round Rock is a suburb of. Austin, let's be real. Yes, but I don't.

have Austin rent. Uh that's one big. thing. Uh I have So I'm paying 340 a month for. rent. 340 a month? Yeah. So just endless. roommates? Yes. Okay, that's incredible though. Yeah, it's it's great um getting that. kind of rent in Austin and Round Rock. area. You'd be negative in a checking. account then. If I had If I had If I had. $300 in rent, I wouldn't be negative in. a checking account. Well. Well, we'll get there. So okay, go on. Keep going. So I'm making that much.

money. I'm I have that rent. Um most of the thing that eats my money. is probably food right now. Food? Food. I love food. I like being able to. [ __ ] actually make my bills paid. without going negative and. over-drafting. I'd like Well, with work. and school, having to. I'm working a lot. I'm in school a lot. I don't have much time, so I always eat. out and that's what what builds. What. I'm so confused. it's easy. Yeah. That's what it's there for. Fast food is. fast food. I don't have to spend time. cooking with it, which I don't know how.

to do anyway. Don't know how to do What. Okay, what don't What if I gave you. We have a cookbook. Oh. That'd be nice. So no [ __ ] excuses now. Yeah. Cuz you get the premium version of our. simpler get it for life, so you can make. your budget in our new budget app. So. you get that [ __ ] for life and you get. the cookbook. So no more excuses, right? Congratulations. We solved the issue. All you have to do. is meal prep. We solved the issue. All you have to do. is meal prep a couple times a week. Just. take the meals, make them. They're on a. budget healthy meals. You take them a.

couple times a week with your. But how am I supposed to do that when. I'm I have classes? Okay, how many How. many. You're working 20 hours a week? Yeah. How many hours a week are in the. classroom? Uh it's a little hard to say. Um. Well, how about let's think a little. hard and say it. Okay. Uh each class is going to be about 2. hours and then I'm taking five classes. 15 hours or 10 hours. Okay, so so far you're not even. That doesn't include study time. No, that's why I said so far.

So far you're at 30, which is obviously. less than the average person works. Now, there is study time. And some of. these classes they don't are a little on. the harder side. Chemistry, wouldn't see. me pass it. Not. a chance. Cal three, physics two, engineering. physics mechanics. Yes. What the [ __ ] is. cal three? Walk a little quicker. Oh. Calculus three. Uh physics two, engineering physics. mechanics, and government. Yeah, but you got it all over. You got. the You got the Zuck look, so you're. probably good at the. I'm good at the math, but it takes a lot.

of time. So how many hours a week? Give me a real answer. What you actually. think. I don't want you to. over-exaggerate, under-exaggerate. What. do you think on average is done on a. weekly basis? Obviously, it goes up. close to midterms and finals, but just. average study and homework. The big. thing is I didn't do it in. number. Wow. I didn't do it enough last semester, so. I need to go more this semester. Cool, what have you determined what will. be normal? Around 3 hours. a day to take care of all of classes. Uh.

including on our weekends? Uh yes, but okay, one thing is on Sundays when I. work, I am allowed to do my school work. So that kind of helps me out. Okay, so 6 days. Yeah. 3 hours for 6 days. And then Saturdays. is my do nothing day. Okay, so 3 hours for 5 days is what. we're calculating. No, 6. Sorry, I said Saturday. Saturday is the. nothing day. And then you also are able. to do it at work, so we're not including. that as extra time. I guess, yeah. So it's just the 5 days a.

week. We're including the extra time. You know, come on. You're a math guy. Okay, so oh no. Obviously not not really. Oh no, 45. hours a week. Slightly more than the. 40-hour work week. But I've got to drive. ever done that. Plus kids, plus whatever. else in Plus driving. Yes, everyone does. that to their job. I've got to go to. Austin from Round Rock. Yeah. in the morning is. the people here [ __ ] do that. Well, we're living in closer to downtown, so.

Yeah. And guess what? It's fine. Like I. know I know the area. You're okay. I. mean, it's an hour like each Well, hour. times two each day. Kind of. What time. are you leaving? 7:00 in the morning and. 5:00 at night. So right in the middle of rush hour. So. every single time I leave, I'm going in. rush hour. And with Austin with downtown Austin. You're not hitting MoPac? Uh I do sometimes. It depends. should, but if that's your big complaint. I'm not really connected that way. The. Um MoPac, if I have to, I can take a.

130. Um but. it's not always the case. I usually have. to stick with I-35. Okay, okay, okay. Okay, you have about. double the average Austin commute. When people go ahead and also pick up. their kids and drop their kids off from. school, adds to that. So I think those. people are probably double the average. as well. I really don't think you have the room. for excuse here, man. You're really just. trying to assume because I deal with. these things that everyone deals with. Now, yours is split between more. activities, but the math is still.

averaging close to the same. You're. above the average person once they're. more settled. if they don't have kids, if they don't. have blah blah blah, if they're do. nothing, they just go to work and they. come home. They still find a way to do it, especially the ones with more. So your. your immediate trying to excuse that. other people get the done. Other people get the done. And you can. do. Yeah, 795 spent on fast food. That's.

crazy, dude. A month? For your income situation, you spend. nearly 40% of your income on [ __ ]. fast food. When you could be work. If you use our thing, it's $300 a month. you can meal prep. I also don't know how. to do that. I don't know how to cook. the cookbook then. The recipes. that's why I'm in math. Yeah, I don't. think a recipe with like 10 words is. going to be that complicated for you. Even still, that's something I haven't.

done before. Cool. learn how to do it and then all of that, but then I won't have the time to. myself. Right now. cooking is? It's time to yourself. It's. It's still work. I'm not trying to come. home after working 10 hours and then I. have class to work on and then I get to. come home and do more work. So you're just an immature baby cuz. that's what everyone does. That is. literally just what everyone does. This. is cuz it's what you have to do. This is. It's a have to do situation. Simply put, 40% of your income right now cannot be. going to food. You're spending over.

double your rent. Over double your rent. on just going and getting fast food. because you're not willing to spend. basically about your rent on groceries, which is what it would cost you to. follow our plan, dude. This is pretty. simple stuff. This is an immediate dumb. ass out of the gate. Dumb ass three. Urban areas average. commute around 45 minutes. You're not. that much higher than that and you're in. an urban area. That's in the United. States. So shut the [ __ ] up. Everyone. deals with this. Take the diaper off, become a big boy. What How old are you again? 25? This is.

Okay, if you were 18, maybe I like I. would still be giving you the same sh. Come on! And also, there is no excuse. for not knowing how to do the basic sh. anymore. You live in the world of GPT. You live in the world of [ __ ] Google. You live in the world of YouTube. You. live in the world of cooking shows. You. live in the world of any piece of. information, cookbook, whatever it might. be at the the [ __ ] tips of your damn. fingers, dude. It is no longer an. excuse. It is not a time thing. Put on. your favorite video, your favorite. podcast, your favorite audiobook,

whatever the [ __ ] it is. Have your alone. time. [ __ ]. I don't know. I. Do it naked and then get excited and. just whatever you need to do. Rub all. over your body. You can make it interesting, man. I'll try that. It's just hard, honestly. suggesting every day. Remember how I. talked about meal prepping? That is a. couple times a week. That means you do. it a couple times a week. The rest of. the time, it's actually going to be. quicker than you would going into the. drive-thru cuz you literally go beep. beep beep. and the food's done.

I'll give it a try, but the main reason. I do fast food is because it's fast, yes. Not as fast. No. It It can be. It. depends. No, not as fast as microwaving. Or if you order ahead, then you can get. there and it's ready and you. Yeah, but you still have to wait in the. line. No. Not with ordering online. Half the places I go to, you walk in, you get your food, you leave. Okay. Okay. Meal prepping would be a good idea. That. will save me some time and money, but at. the same time, I've been overworked for like the last 4. years.

And yes, no. That's That's now. I used to be in. charge of service and used to have like. give a [ __ ] now is cuz all we're doing. is adjusting this for the future, right? So, I don't give a. Last. Congratulations, you worked a little. hard in your early 20s. No one's ever. done that before. Mama mama. It's It's difficult going from working. that hard and not having a time to I'm. still working hard. I'm doing my best. him and look like him, but you do not. have the work ethic of the Zuck. I It's very curious.

person either, so I got that going for. me. Are you sure? Um Like are you Are you coming with a. broccoli haircut and MMA fighting in. about 10 years from now? Is that your. transformation? Are you going to come on. Rogan and all of a sudden you're going. to be a workaholic and everything's. going to be fixed? For the time being, I. will say I I work a lot and I do a lot. of stuff and. just having a little time to not have to. worry about the food. Like I feel like if we compare the tism. counts, if we take your blood, your tism. spectrum will be on the same level.

There's full Zuckness. There's Zuck everywhere. You have a dump. truck like the Zuck? The Zuck truck? No. No, I do not. Well, see. Skinny as a pole. That's That's a shame. Guess you can't. have all the good traits. So, what was your big heart little. working time? Uh. Cuz none of us ever put in 80-hour. workweeks in our early 20s when we're. trying to get done. I was in charge of used service. I was. taking care of all the vehicles that got. traded in. I had to deal with five, six. managers at a time, 50 salespeople at a.

time, dealing with phone calls every. day, about a 75 to 100. On top of that, there's always something that need to be. done. Oh, there's something that needs to be. done at work? Yes, I'm a perfectionist. It's what I. do. I do everything all right. Guys, s- something needed to be done. I. We should probably just quit. Something needed to be done at work. Next time something needs to be done. here, I'm I'm out. That's That's too hard. It's different when you're doing other. people's jobs, too. Welcome to every. job, man. There's slackers and there's. takers and there's winners and there's.

losers. That You're going to experience. that forever. I'm not trying to. necessary Well, now I am trying to just. diminish what you're saying a little, but I'm not trying to take it in a way. where it's like, "Oh, your feelings are. necessarily like your feelings." It's. not like that. I'm just trying to exper-. You're good You're. Your excuses for doing your misbehavior. is going through what everyone already. goes through. It's like you're going to. be dealing with different variations of. this all throughout your life. Be an. engineer at a company, there's going to. be slackers. There's going to You're.

going to work with a product manager. that doesn't give a sh You're going to. have 10 managers with different ideas. about whatever you're working on. This. is what's going to happen. And guess. what? Sometimes stuff happens at every. company ever. And fast food will always. be there on the way home. You know, it'll always be there on the. way home. The commute will always be. there unless you're one of the rare few. these days that works remote. So, little big guy, I'm sorry. You're always. going to have to do a bit of work. Major channel announcement. Budgeting.

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overspending. And because I love you. guys and it's a new year, literally. anyone who signs up for the month of. January gets all of this including. premium for free for a month. It's time. to actually make a budget and stick to. it for the first time ever. Let's take. control of our 2025 and make this the. best year ever. Download the Simpler. Budget app today. Link in the. description below. This budgeting app. will change your life. It's. I'm a perfectionist, like I said, so. there's always going to be more work to.

be done that I don't like leaving things. undone. So, I'm going to finish what I. started and that takes more time. It. takes more effort. Perfect's the enemy. of good, dude. do more work. Perfect's the enemy of good. Sometimes you just need to get to the. point where things are good. Where. you're doing life good. And that's okay. If you're actually able to accomplish. everything and that includes health and. personal finances, that is fine. There's. nothing wrong with that. Yeah, something I need to work on. I. I'm not good at being good. I like to be.

good. with the therapist that our guests sit. down with. It's SonderMind. That's one of the resources that I can. give. Okay? Sit down with them. [ __ ]. Practice them damn skills. You get three. free sessions. They're the same. therapist that I use, actually. Our Any. tool we do, I use or would use. And then. use our again. Again, in the cookbook, dude, and the Simpler Budget app. Use. our We made this. essentially for you. Like literally. constructed this from scratch for you.

I'll give it a try. We'll see. cuz you get it for free cuz you're. coming on the show, so don't be a dick. I'll still probably eat some fast food. once in a while. I'll try and diet down. Well, it's not about that. It's about. the way you're doing it. Again, you. can't afford to spend 40% of your income. right now on fast food. If it was 5%, would I give you a little slap right. now? Of course, cuz we're doing a. wake-up call. We're trying to get you on. the right track. But, 40% is. unsustainable. It's unacceptable and. it's unsustainable. Like this it's. There's not going to be much of a. conversation to have be had. Okay, so we. know what came in, of course, payroll.

was 2,280. It's pretty similar. But, you. also had a remote deposit in of 3,700. What's that? Rent. I pay the rent, so people send me. the money for rent. So, what income actually came in last. month? That much. 2,800. The 3,700 is paying rent. How much was spent? How do you mean? Like the When people. send me the money, it goes directly to. our landlord. I.

Okay, what's the What's the total rent. so I can calculate this a little better? 2390 2425. And your portion? 340. Cool. So, minus. Sorry. 2525. It It went up. It just went. up. with me. It just went up. 2595? Yeah. And your. 340. Okay. Cool. So, now I have the real. math. The corrected math after after their cut. of rents. is already taken in account, their cut.

of rent. On your $2,280. income, what do you think you spent in. the last month after the rent is taken. in account? I mean, with everything. With bills. a number? That's interesting. 2,800. Okay, yeah. 7,600. The [ __ ] are you talking about? You. don't know anything. Come on, number. guy. Come on. I'm also I'm sure there's money from my. work in there, too. Huh? Huh? Huh? as Huh? How much? How much? I don't I don't know.

would be from work? For what? What are. you doing? What is that on a monthly. basis that would equal triple your. income? Well, it's not a set amount. It's when we send vehicles to other. dealerships, other vendors, I pay for it. with my personal card and then they pay. I don't know. It depends on. guy. It There is no usual because I can. send a BMW and it's going to be a BMW. You need like $3,000 right there. 3,000? I can do a Toyota and it's 50 bucks. Well, look back to this last month. What. can what what would you think? Honestly, I I don't know. Cuz honestly, our large Well, okay. So,

we do have a decent transportation. system. me what the the incoming money is on the. statements, then I can say what what. dealership it is or where it was. Cuz there's too many to keep track of. sometimes. And most of them will say on the title. where it whether it be BMW, we have a. tire shop, we have Round Rock Toyota. I tend to pay for a lot of things, but. that money comes back and I don't. actually. see it on my end of things. I only get. the points for my card. Okay. I can tell you exactly how much.

4,000. So, guess what? You spent 3,000. 600. You made 22. You're still okay with that? No. But. It's No matter what we do with the rent. or with the car thing, you're still. spending dramatically more than you. make. Dramatically. How far are you able. to sustain that? I don't think very far. Well, right now I have the loan that I. have to pay off and that's significant. towards it. The the loan? I have the loan guy. I.

have a lot of loans in here. I don't. know what you're talking about. Huh? I have one loan right now. Well, besides personal. about? There's a lot of loans in here. loan is different. No. Do you consider them all debt? Yes. Okay, as long as you consider it debt, that's okay. I guess we don't have to. use the word loan. So, I guess there's a. big thick papi daddy loan in here. It's probably at like 13,500 right now. Why are you Okay, so now it's okay that. you're in school, nothing wrong with. that, and you're going for what's good. You're.

in school at 25, which is a little less, you know, Yeah. Where are you in school and why at 25? It's hard to say what grade I am. technically, but I'm probably a fish or. a sophomore. I got accepted into a program with A&M. and ACC. I'm co-enrolled currently. Okay. Going for engineering. Austin Community College? Yep. And I'm. going for aerospace engineering. I started because I got fired at work, not technically. Well, good Not the. current job. Current job. What? I've been at the same place for four a.

little over 4 years. I got fired maybe. about a year and a half ago, but rehired. the same day. Uh it was a weird situation. ahead and explain that for me. back to that. So, I was used service. manager for about 6 months cuz my boss. had gotten promoted and they promoted. me. I was brand new to service. I didn't. know anything about servicing cars, but. they knew that I was good at my job. I. was a perfectionist. So, I started to go. into that, did that for 6 months, and. then my boss got demoted because there. was another guy that got pulled into his.

job. Okay. So, I get bumped down to used. service writer and I. Pay affected? Pay affected. Oh, from what to what? Negligible. Um it was 1,400 a month. salary net at that point as used service. writer or sorry, manager. That was pretty good. 1,400 net Well, for how many hours? I mean, it's salary, so I would usually. work 40 to 60, primarily 50 to 60. And. you're making 1,400 1,400 a month. working 60 hours. Well, yeah. I. shouldn't have been working 60 hours,

but like I said, I'm a perfectionist. I. like to do everything that's supposed to. be done. Well, that's your choice, then. Yes, but. that's the kind of person I am. I'm not. going to leave things undone. I don't. I'm not saying leave it done, but again, perfection is the enemy. Good. Like. there are like sometimes if someone's. focusing on one task for perfection, they leave up five other tasks on the. table. Well, see, the thing is I'll do those. five other things. Okay, when you push yourself to your. absolute limit, is everything then done. correctly in the future? Like Okay, you. say so. Well, I hope so. Anyway, I was making. 100,000 a month roughly or sorry, a year.

roughly, and then I got demoted and I. How much? 100. Should have been 100 a year. It was 96. What You said you made 1,600 a month. Eight 8,000 a month. 1,600 a week, I'm. sorry. Oh, well, there you go. That's. completely different. That's incredible. Unless I misheard that, but that's. great. 1,400 a week. Okay, and then you. got moved down to what? To It was based. off hours, so it's hard to say a real. number, but it stayed around 1,000 to. 1,400 depending on how many hours you. worked. Okay. How many internal hours we.

were doing at our service shop. Horrible poverty. Okay. Yes, exactly. So, um after a little bit of that, there was. a customer that came in. His salesperson. wasn't there and he had a 2013 Avalanche. that he wanted to get serviced and there. was a whole slew of things. His piece. And he wanted all these things done and. was basically saying, "I'm going to do. it myself." And he gave us the car back. He's like, "Oh, wait. No, no, you do. it.". More or less, he was just not being. straight with what he wanted. I told him. he came in one day asking for us to work.

on his car right then there. It was 4:00. on a Thursday, so I said no. And the guy left and uh he wrote a. review. that long saying he was going to sue me. and my dealership. You? Okay. because I was so awful. Anyway, he he writes that review. I. don't think anything of it. I have a. vacation scheduled for you a few weeks. after that. Um it comes to the Friday. before I'm about to leave. 5:45 on a Friday. I'm about to leave.

Boss calls me in. "Hey, you're fired.". That sucks. Um so, Reason given? Cuz of. that? Yeah. And you weren't able to. defend it? I tried. My boss was even in. the room, the guy that got demoted to my. position. He stayed after me for like a minute, so. obviously he didn't really try. But I. got demoted. I tried to fight it, but basically they. just wanted a scapegoat and that was me. So, Why? What's the consequence for the. Okay. Bad relations. Our our company has a. habit of making nice to all the. customers even when they're wrong.

because they want the repeat service. Yeah, but how did the guy know? Well, okay, either way, okay, that happened. So, can't change it. And then I came back, talked to my my. director again, asked for a quality job. because our service department was awful. and he gave me that. Okay. I was fired, rehired, and then from that point on, I. was making 25 an hour. And that has. where it's been Then you decided to go. to school cuz of that cuz that was. Exactly. Okay. So, yeah, that kind of. woke me up. story is I had a job and I no longer had.

a job. All that to say, I'm in this. program with ACC and A&M. And you think. you're a freshman in terms of hours. completed? Because after this semester. hours completed is a little different, but towards the program, yeah, probably. freshman. Um and then after this. semester, I'll be transferring to. College Station or UT if I end up going. there. Online? In person. Both Both places would be in. person. Not at the same What are you. going to do for income in A&M, 2 hours. away? Any dealership. Um we have sister locations and uh in.

Austin. It is something that I want to. do long term. Well, if long term you. want to come on this show, come on down. to Austin, Texas. We'd be happy to have. you on. I'll give you a little. and it'll be a good time. So, go to. CalebHammer.com/apply. You'll go through the full onboarding. process, meet some great people. It's a. good time. And if you want your Hammer Financial. Score, see where you are assessed in the. world of finances, go to that link in. the description below. It's completely. free. Where do you think you are on the. score of 0 to 10? Zero being the.

absolute worst, 10 being the absolute. best. Where do you think you are? Six. I'd say a six. Like what. You You've lost me. You had like a story. that was like, "Oh, I have a person with. a brain talking to me. That's great.". But I was also falling asleep and that's. okay. Fool, why are you ruining it with a six? I Go ahead. Explain. Explain. Explain. stupid. You're not stupid, but the score. isn't a stupid score. I don't I honestly. don't even know what the score is. I said 0 to 10 in your finances.

Okay, then yeah, six. Or maybe Explain, you little tit. This. is huge for financial audit. For a year. now, my team and I have worked with. experts to create what I truly believe. are the three best educational programs. in the financial space online. We have. our budgeting program where I teach you. how to create, manage, and revolutionize. your budget and control your money. And. then there's the investing program where. I teach you to define what investing. profile applies to you and your life, and then teach what specific investing.

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lives for the better, and finally, you. can too at a more affordable price. Head. to CalebHammer.com or click the link in. the description below. You will not. regret this. I'm starting to make some. better decisions and I know. for example, like I bought the car. I. don't think that was a great idea, but I. I don't I don't mind that I did it, but. I know now. sometimes you need to not spend money. And that's I had to what? Huh? To be. able to go to through the drive-thru, you spend money?

On a car? To go through it? What do you say? I. wanted a car, so I bought a car. Well, no [ __ ] It's expensive. Really? Yeah, of course it is. was your car? What was the price of the. car? 70,000. 70,000? I mean, it wasn't You. make 2,200 a month. What are you talking. about? You have tuition You have tuition, right? Do you have tuition? Does college. cost money? Yes. Oh, big guy. College. costs money and you make 2,200 a month. and you got a 70,000 car. In what world. do you think that is something that even. comes close to make sense? You're not. sucking it up. You're sucking it up. You're being a dumb I had no expenses.

virtually. I was making 100 a year. Well, guess what? You do now cuz I have. credit cards and apparently a 70,000. When did you get this? I got the car in. '22. May '22. Were you making 100 at. that point? Yes, I was. Okay, why do we still have. it today? have the car. I wrecked it. What did you What did you just So, I. bought the car. It was 70,000. It was a. great car. What a tease. And then, 6 months later, I wrecked it. And after that, some of the money. spilled over cuz I also put money into. the car cuz why not?

Oh, well, because it's a bad choice. would be why not. Yeah, anyway. So, the the personal loan. covers that. And that's kind of where it. snowballed and that's where I why I am. where I am. But, Well, what Well, what we got going on. here? So, this So, I'm firing my dude. because this is a thick-ass balance. This is a chunky little balance. Some of. that's work. Um. That That kicks off. Um but the same. amount. matter. You put in more than you took. off. No, no, no, no. Hold on. No, I need. to interject. I'm sorry. And I know I've. interrupted decently throughout this.

episode. It's mostly cuz I don't like. your voice. I'm kidding. Kind of. Well, a little. jab. Whatever. The. even if it is business expenses, with. you keeping a balance on here, you're. accruing interest. Is the business. paying for the interest? Okay. Is the. business paying for the interest? Then. it doesn't [ __ ] matter if it's. business or not cuz you are losing money. on it. Why give your company Why Why. cost money for your company? So, the company thing kicks off. The. reason why I say that is because I'm. reimbursed in a week or so and that. balance is.

the the money put on it from work goes. away after a week or two. 132. dollars one month of interest. One month. of interest. 132 dollars. Okay. I will say What? I've debated doing a loan for this type. of stuff because. Well, that's the problem. Right now, right now, how much do I have on my card. on there? Also, it did increase. So, Well, what's. it at then? Maybe seven right now. 6,300 or 7,000. Well, it's at 6,400 on here. So, you're. saying it's seven?

Yeah, I spent Let's go with the 6,429. cuz that's what's on here. Okay, and the minimum to pay. I mean, this is the crazy part because your. income is really bad. Well, I don't do monthly minimum. payments. I pay A lot of the times, it'll be from work. So, that'll count as. a payment. way, I'm saying the minimum you would. have to pay is 196 dollars. I put more more than that. Yes, that is. reimbursed towards it, but the minimum. is still 196. That does not change. I. will always pay more than the minimum. I. don't think you understand what I'm.

saying. Look, it's not an argument. The. minimum monthly payment is 196 whether. or not you put more towards it. Yes, I. understand that. Yeah. You figured it. out. put more than. Oh, do you? Never heard it. Are you. sure? Yes. Want to remind me? Okay, so, what? What's the Yeah, what's this loan? So, part of that started with the car, the crashed car. I put money into it, of. course, so that it snowballed. All. right. So, so the crash repair? So, what are you saying? No, so it was a It got paid out. It got. totaled. Okay. I bent the frame and I got reimbursed.

for it and then I bought another car. right after that from the dealership. What was the crash? Me being stupid with. my car, not being able to control it, and I ran into a pole and then off a. 4-ft ditch. How How How were you? Fine. Good. Yeah. I got lucky there. totaled What How fast were you going? Not fast. Like maybe 40. Oh, what was. the car? Mustang Mach 1. Uh okay. With a Whipple supercharger on. it. Mhm. Nice fast car. Grabber blue. Only comes Crabs blue?

Grabber blue. It only comes out every 4. years or so. I bought the Eclipse that I currently. have right now because it was cheap and. it was the same car that I had. 10 years ago. Okay. No, it's okay. It's okay. For some. reason, I struggle to just listen to. this. I don't know why. Is it me? Is it just. me? If it is, that's okay. I'm okay with. that. I hope it's just me. Okay, 4,732. dollars of purchases on here. You say a. lot of it's work related. Let's find.

out. did go on vacation and some of that was. When did you go? Last August. Went to. Banff. Banff? Banff, Canada. What's a. Banff? B A N F F. It's a mountain range. The Banff mountain range? Yes. Never heard of this in my life. My brother and I go on vacation every. year, once a year. That sounds like. something smart someone who can't afford. to live and has negative money in their. checking account. And someone that's overworked at all. times Oh, dude, the guy has a Oh, little. guy has It's one of the few times a year. I'm going on vacation. I'm going. three times.

25. Oh, no. He's not going to make it. He's not going to make it. He's making a. little sacrifice at 25. Woohoo. Big guy, tough life. Well, I'm going to be in college for 3 4. years. to be in a negative checking account. right [ __ ] now, so I don't give a. [ __ ] One Maybe you need to work harder, actually. I try. It's one week. I'm going for one week. Pay time off. Cuz you are working hard, but you're putting too much time into. things. And you you've you've said that. specifically. I I think you need to work.

smarter. Okay, what is it? B A N F F. N. as in Nancy. Double F. In Alberta? In the 'Berta zone? Mhm. Great place. What What Wait, you were. talking about August. Why did I get off. that? We're talking about this card. right now. Dude, that's carried. I'm. sure that some of it's. Okay, what is Sunroof Express? S- Sorry, say it again. Sunroof Express. that's I paid for a customer's vehicle. for to get their sunroof installed. And you get that paid back? Yes. It should have been reflected on. there. That same amount should have been. put in towards the towards the money.

I mean, maybe. Depending. I mean, yes, there was money that was put towards it. So, if you want to count that towards. that. And then we went to out to eat at. Rudy's and we got vending machine, vending machine, vending machine, vending machine, pizza. So, there's still both pending on a card. that is not being paid off, that. interest is accruing, that you have. lost. First of all, yeah, you got your fees, but then you. have the 283 dollars of interest that's. just so far. Then what's 4 WP? Is that. another thing for. parts. That's for work. What's on there. right now is pulling from a while ago.

Mainly August. Mhm. That number has stayed at roughly the. same. I haven't put a whole lot onto. that card recently besides, of course, some stuff, some. sodas and pizzas and whatever. But, No value, but no, you're going and. getting vending machine like every. second of your life. And Rudy's and. pizza. What do you mean? I'm I'm saying. besides that, there's nothing big on it. recently. Yeah, a lot of small purchases. add up to big. Yeah. want? I mean, yeah, that'll It's just.

Like there was. it's not one big purchase, it's okay? So, if it's broken down into a small. ones? It's better than putting a. thousand dollars on it every month. It's. just Sure, I guess. I mean, you know, I. know it's not great, but it only goes. up. it is a card that you are not paying. off, that interest is accruing, hundreds. of dollars a year. Like that's what I. care about is the math in the end and. you are preventing yourself from paying. it off, but at this point it. Why. haven't you then? Because I can't. I I. have too much going out right now. Like 750 dollars going out to eat. Yeah, that's So, what the [ __ ] you can't.

You can't [ __ ] You can't. Okay, 500 towards. 500 towards my loan. Few hundred towards this cuz that's. another thing. out. All I know is 750 dollars going to. fast [ __ ] food. That's what I do know. and that's a reality, that is a fact. And I have to pay gas to go to Okay, cool. So, we're complaining about all. our expenses. Wah, wah. Then why is 750. dollars going out to eat? Like I said earlier, it's easy. It's. what I do. It's. Well, it's obviously not cuz this isn't. working off and you're paying down. You're not paying down that. So, this. isn't easy for you. It's easy for your. life. It's easy for that little moment.

of time, but it's not making your life. easy. Not in any way whatsoever. Not. your actual life. Not the longevity of. your life. It's something I can prove on, sure. But, Uh by a substantial amount. Yeah. Think of that amount. No. It does need to go down that much, I'm. aware of. But, in the meantime, with. school, with work, with everything, it's something that will happen. But, if. I can work on it with meal prepping and.

just kind of figuring out how to cook. myself, then that'll be better. I'm not. saying it's going to go away. But, yes, it will happen. It will get better. That. is the one thing I plan to get better. on. I see. Well, it's Yeah, that's a. choice. Cuz I mean, yes, that's a. parasite. 750 a month is not going to. work long term. Okay, so. So, this SoFi thing, is this the. personal loan you're talking about? Should be around 13,500 right now. Yeah, I'm seeing 13,852, which is what we're going to put down. That's what I'm on. Cuz the other one we. did a little less. Again, it's reflected. whatever's in the statement.

Mhm. Okay. And then, I had to pay for tuition, so I. showed up. That might be on that. statement. I can't remember. No, you're. not using a SoFi personal loan for. tuition. personal loan, no. That was a credit. card, but it will be paid off with uh. What the What the What the [ __ ] are you. talking about, guy? What do you mean tuition then? What are. you saying? I had to pay tuition last. week. But, you're saying you're not putting it. on this? I put it on the card. Not the SoFi I'm talking about this SoFi. personal loan. Okay. What are you talking about? Well, you're everywhere. Why aren't you. talking about the thing we're literally. talking about in the moment?

Let's do that then. So, we're on the. personal. Yeah, let's do that. What any normal human would. Oh, yeah, dude. You don't like I don't. lose me. When it comes to finances, you. already know I'm a big fan of planning. ahead, setting budgets, getting out of. that, and making sure you got a plan for. the future. But, let me ask you this. You plan for your groceries, your bills, even your morning coffee. So, why aren't. you planning for your family's future if. something unexpected happens to you? That's where today's sponsor, Fabric by. Gerber Life, comes in. They make it as.

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m e e t fabric.com/caleb. Check out Fabric today. Like, how do we. put this all together if you're It's a. 15% interest. So, again, the personal. You you again, your stories have been. one difficult to listen to, so maybe. that's my fault, but a little more all. over the place as well with just the. things you're talking about. Now, I. don't know what's attached to what. What. was the personal loan for? It started. with the car and excess money from the. other cars. Okay, so it's all car. Primarily. And there's some snowballing.

there, I'm sure. But, primarily it's the cars. So, your. personal car that you have now is on. here, too. Correct. Okay. It is relatively cheap and it's not. quite a car payment, but I know the. interest on it is high. And that is one thing I want to pay off. That's why I've always paid more than. the minimum. about $7,000. That's pretty low. And I do pay more than the minimum. towards the loan, so I'm not eating as. much interest as I would otherwise. know how we're going to have to math. this out in the end. Because again,

you're saying you're putting more. towards the loan, but again, even when. subtracting what you put towards work, even subtracting what you uh the other. people's rent, you still spent like. $1,500 more than came in. So, this. doesn't make sense. What you were saying. makes no sense. This is not adding up, dude. This is not adding up and you're not a. reliable narrator here. So, again, yeah, yes, you put. Okay, so you put a little more towards. the yes and 13,852 is what I would have. done. But, it's the 14.68% interest. rate.

Again, even if I like open up my. brokerage Moomoo and I'm like, "Okay, let me invest. I'm getting 10% on. average with the S&P 500." You're. getting obliterated on here. This is a. horrible rate. That is something that needs to be paid. off, but. I am paying it off. I've been paying it. off, but it's there. I can't just drop. 13.5 on it. I don't have 13.5. No, I'm not saying that. I'm not saying. that necessarily, but again, would we put $750 towards fast food when. that could go towards this? Yeah, that's something I should improve. on. what I mean I understand what I'm.

nagging about. Yes, but I'm just saying that that money. is going to be going out for a while. That's just how it is. And yes, I need. to get the. Why not go quicker? I'm confused. What do you mean, go quicker? Why not choose quicker when you. obviously have that choice? Quicker in what aspect? Instead of the money going to. McDonald's. I I've only said that like. five times, I'm a little confused how. you had to ask for me to say this the. sixth time. I'm trying to spend less for. fast food and that will definitely help. You're not. You're saying.

It is a future. This I'm trying to get. better, but I'm. No, no, no. You're not trying. You're. saying you will try. Sure. I'm trying. I'm asking why you haven't if you. obviously care about this. made my own food this week. I'll say. that much. I'm trying to get better at. that. I'm not saying I'm going to not. eat out at all cuz it's a habit, but I am trying to improve on that. But, it's I mean, it's I'm not going to. just learn how to cook every single. thing right away. Meal prep will help, but I still have to. learn. And so, that means I'll still be.

eating out some, but not as much. I. won't 700's crazy. I know that much. Yes, that's what I'm saying. It sounds. like all of a sudden you're agreeing. with me. Listen, I'm not saying that. You're saying you're trying, you're not. You might try a little. I mean, listen, you started this week, it's Monday. Come. on. Like, come on. What are we doing? Or. it's Tuesday. I am trying. You will try potentially and I hope you. do. and will continue to try. I am reducing that number.

But, a couple days does not count. I You. don't go from zero to 100. It's. obviously. Yes, but I'm not going over here and. shaking your head and giving you an. award for it. But, I'm trying. That's something. I. What matters is whether or not that's. sustained. That's all that matters. These federal student loans. unsubsidized uh One's unsub subs. unsubsidized, the one subsidized. So, let's use these two. The two student loans, yes.

Oh, man. Woo! We're nearing that 7% interest rate. on these. Better than 15. Yes, it's better than 15. Congratulations. Do you need validation. on that, too? Like, it doesn't mean it's good. rate, it's better than what I'm getting. on my. it has to be good or something. It's. like you're you're obsessed with that a. little bit. But, that doesn't mean it is. Okay, well, the debt had to be accrued. I have. to pay for college. That's how it is. Well, maybe. I don't know your entire. financial situation. Again, I'll bring.

it up for the seventh time. Uh maybe you. didn't have to take out as much if $750. didn't go to fast food. So, don't say. that it had to. Well, I didn't have the. cash to pay for it, so I got the loans. to pay for it. Yes, now why did you not. have the cash? Because I. have a parasitic draw on my account with. the the the fast food. So, don't say you. couldn't. At the time I could not have. Yeah, based on your actions, but not. mathematically. That's all that matters. It's Why do I give a [ __ ] about the. other way? I'm not sitting here and.

saying you were correct for the going. out to eat. So, why would I support. that? I'm not saying you have to support. it. I'm just saying that's part of the. reason why. But, if you don't acknowledge that. that's completely within your control, then you're never going to change that. for the future. At that time, I paid for it how I could. and I plan to pay off the student loan, but one of them does not accrue interest. until I'm out of college. The other one. has a 6% rate. It's better than the 15. It's 6.755. Five. Better than 15 and it's better. than whatever I'm getting on my credit.

card. Which. Okay, so because something's bad, but. better than something else that's worse, it's okay? I don't get that. I will. never understand that. Then, why are you. talking about it like that? evil sometimes. It wasn't necessary. It wasn't. necessary. pay for it somehow and I don't have the. cash to pay for it. It didn't have to be. this big. Oh my gosh. How Do you not. understand or Where Where are we. disconnected in this? Where are we. disconnected in this? I'm so confused. What you are saying is literal fact, but. you're almost saying it by saying that. it's okay. I need you to realize it is. not okay. Yes, it is fact, it is not.

okay. I'm not saying it's okay. Then, why are you saying it? Because it's sometimes a necessary evil. Doesn't mean it's right. But, it wasn't a necessary evil. It. wasn't a necessary evil. At the time it. was. No, it was not. It happened because of. your behavior. It was not necessary. So, do not I cannot allow you to think. that because if you think that, your. future is going to be [ __ ] cuz you. allow that to be necessary in the. future. I paid for it. I've got to pay it off. now. That's how it is. Well, yes. No. congratulations. What? Oh,

okay. Obviously, I've made bad decisions. with my finances, but the only thing I. can do now is make better decisions and. pay off my debt. Right now, that's where. I'm stuck. Well, I know. I'm not disagreeing with. that. Every time you are pushed back in. on an opinion, you just come out and you. just say like a fact that is supposed to. make you like sound good. Like, yes, congratulations. I'm glad you have that. mindset. But, I can't have you have the. mindset of past was okay and was a. justifiable reason. It wasn't. It happened. Period. I understand it's. not necessarily justifiable, but it.

happened. No [ __ ] If I focus on the past and why. I made all the bad decisions, I'm just. going to make things worse. No. But, if I if I acknowledge what I did. and that it happened No, no, no, no, no, no, no, no, no, no, no, no. You just. said if I. if I think about the past and why I did. what I did, that'll be bad. No. If you. don't If you don't think about why you. did being bad, then you'll just do it. again. I'm Sorry, I didn't mean it that. way. It's the row the boat mantra. P.J. Fleck, row the boat. The reason you're. rowing the boat to the future, but. you're still looking back and so you're.

learning from the mistakes in the past. so that your future is better. I'm not. saying focus on the back of Like, oh, no. Oh, me. Oh, poor me. But, if I get. stuck on the fact that I did it and. getting mad at myself for the fact that. I did it and then. suggesting that. I'm not suggesting I'm. trying to correct you your mindsets on. it because you were trying to say it was. a justifiable reason. It wasn't. I'm not. saying go and beat yourself up. Why. don't put words in my mouth or. assumptions, dude? I think I'm being. very clear in what I'm trying to. communicate. to build better habits.

You're doing it again. You're doing it. again. You are pushing off an a. reasonable point by saying, "I need to. do better." No [ __ ]. That you just defined the entire. conversation. That's it. An unnecessary. statement. I know that. We all know. that. That is what everybody knows. let me help me fix it. Show me how to. fix this because I don't know what to. say. of fixing that is not defending that it. was a necessary evil cuz it wasn't a. necessary evil. Fine. All of my actions so far have been. awful and I need to build on that. Do. you actually believe that?

Kind of. I know I've been making stupid. decisions. The car shouldn't have been. bought. I shouldn't have done half the. I don't like your responses, man. This. is It's different. I feel like there. could be a more mature way to look at. this. That's possibly true, but that's. that's who I am. Uh I am who I am. I make decisions. because of who I am and now I need to. deal with my actions because of who I. am. You just did it again. Okay. Let's just keep on going then. Let's Let's talk about how to fix. Yeah.

Do you use it as like a get out of jail. free card for everything you do? I'm not like intentionally trying to be. ridiculous. It's like that like the. statement like that is like, yeah, it's. a good announcement, but again, you. weren't willing to actually can. Whatever. I'm not going to beat it over the head. I'm not going to beat it over the head. Okay, this Apple card. What's up with. this card? That card is used for random. purchases that. just pop up. Like I budget my money till. I have a certain amount set to spend for. bills and a certain amount to spend on.

food and whatever. I don't know about. bills. I see Dick's Sporting Goods, I. see SodaStream, I see Uber Eats, I see. Uber Eats, I see some golf thing, I see. Mod Pizza, Chick-fil-A, Rudy's. Bills, what bills are we talking about? So Um I see golf, I see going and. getting some bull That card I see Smart. Drinks and Mod Pizza. I also see Panda. Express and Panda Express and Smart. Drinks and an Apple bill and a Panda. Express and Netflix and Spotify. Hmm, interesting. That's for excess. Oh, excess? Because we have so much excess.

I don't budget enough. You you don't budget. Do you budget? So I budget, but I don't If you budget, how did you spend. than I'm budgeting. That's where my. problem lies. Well, I paid off the card. and Yes, but you're still spending on a. menial meaning anytime I I'm good. Listen, I feel like you're taking this the. different way. Again, I'm not saying you. are bad for paying off the card. Good, you have to continue to pay off the. card, but in order to pay off continue. the card that you're purchasing on, that. means you're still spending the money by. paying off the card of all the swipes.

you're doing. So you're still more It's. still more money than you have to spend. Well, most of those purchases are food. and I intend to get rid of those. Which means that there won't be any. balance on that card. I won't be spending money on I'll try. not to spend money on fast food as much. as I did and I'll try to eliminate it. because one, it's not good for my. health. Two, it's not good for my money. Your actions are this. I can't just. allow you to say I will not do that. You. are doing that.

But If it was different and you weren't. doing it on this card, I would believe. you and I'd be okay with it. Two days of doing something just because. you're going to come on the show does. not count. Listen, dude, you are doing. this. So you tell me you're not going to. means nothing cuz this is what you have. been doing. It's just like I said, excess from not budgeting enough. So. your budgeting is confusing. You say you. budget, but you don't do the actual act. of budgeting. I feel like you made a. spreadsheet once like. More or less. Like if you're you're not. budgeting if you spend $1,500 more than.

you make on a monthly basis. I'm sure. that number is partially incorrect. I. don't spend more than what I make. I. don't go. Okay, I do. But not that much. Well, I mean, the numbers are the. numbers are the numbers. Like we had it. It It was. the spreadsheet literally. Like it's like your math. It's your. numbers. Part of it is also just from. making when I made 100k, that's when I. That's my lifestyle that I I had. I got. used to that. you're just completely missing the point.

you had before. More or less. It's. lied. Not necessarily. The [ __ ] are you doing, Guy? I feel like every time every time. something comes out of your mouth, you're just trying to sound good. You're. just trying to sound good, but then it's. incorrect and I have to call you out on. it. But it's hard for me to always call. you out on things, especially when you. say something that is like. um something kind of good where it's. like, yeah, I need to change it. Like, yes, that is actually kind of what I. want you to say, but I know based on. everything, you're just saying what. sounds good. You're just saying what. makes you look good. But that's not.

actually addressing your root causes and. I'd rather you join the average guest. that pays off you know, $10,500 in 11. months or the median 10,000 10,000. I'd. rather you do that. But the people who. do that, they acknowledge their issues, they acknowledge where their flaws are, and they actually accept the change of. they shouldn't have done that instead of. justifying the past, and instead of just. trying to say things that make them look. good, they actually work and actually. put the improvements in instead of being. all talk. But you're just being little. talk, Guy. All right, it's like you're. in circles over. Like why did you just say that thing. that was objectively untrue and then you.

completely diminished it immediately and. said something completely different? I. don't understand it. I really don't cuz. how is that productive? It's not very. That's obviously where I need to fix. things. And I know you. I know. But I can't not acknowledge it. No, you. can't, but you just say the thing that. makes you look good. This is like I'm. not trying to make myself look it, but. that's the point of that. You do the lie, you get called out, you're like, oh, I'm right. Move on. Like What are What are we doing? I don't like confrontation and I don't.

like disagreeing with people. Interesting show to sign up for. Fair enough. But it's I mean something had to change, obviously. What will actually be. different this time? Not the I'm going. to do it. What is actually different in. your life going forward from here? Not. the I'm going to do it. I don't want to. hear any more of that. What is actually. different? I mean, so far not a whole lot because. Why would it be different? Can you give. me a why? In my life, things would be. different by spending less money on.

I'm asking the why cuz there is no. action without the why. Give me the why. Why would things be. different? Why to change? Yes. Because. obviously I'm accruing more debt than I. can take care of and I want. that matter? There has to be a why, man. You're not. giving a good why, which gives me no. encouragement of getting out of this. Well, I don't want to be in debt my. whole life and I I want to buy a car. that I like. Okay, so right now I have a. car and it's nice. It's okay. So that's. one of our big goals is a car. So a lot.

of So some of the. I want to move. I want to get out of. Texas. I want to move up north somewhere. nice, but I can't Here we go. This is. the why. things. I can't keep on renting because. I'm just throwing my money away. Kind of. It's not as good as buying a home and. being able to put money towards a. on the situation. Right now. mathematically renting makes more sense, especially in Austin, but. Okay, I'll concede to that. Uh but at. the same point, I do need to get out of. here. Okay, there's some decent There's. a decent why to move and to get the car. you want. Um okay. Okay, I can work with.

that. Okay, a why is not because I'm going to. change. That's not a why. You need to. focus on these things. I want you to set. the goal, then I need you to really. think, what does it take? What boxes do. we have to check off to get there? And. really start hitting to those cuz if you. are just aimless in this or you're just. trying to get out of confrontation, you're just trying to do what makes you. look good or say what makes you look. good, you're not going to actually get. to the end why that you're trying to get. to. Okay, yeah. Okay, I mean, a few. other resources we can get you connected.

with that we've partnered with. We'll. get you on the Fizz card. It's a debit. card that builds credit so you're not. actually overspending what's in your. account cuz there's literally negative. in your account. Again, sit down with a. therapist. Maybe a tech certification. through CourseCareers as you're getting. in that field, it'll just give you that. extra boost. So we can get you a free. one of those. You have to go through the. education, obviously, but Okay. Yeah. All right, Amazon. We got an Amazon. card. Okay, so what's going on with this cuz. you didn't have fully paid off even. though you're relatively close and then. you just put the balance right back on.

Like what was the point? We were at 298, then you paid 150. Like actually good. job. Then you put 123 on it and then you. allowed it to accrue interest. So like. what are we doing here? It's It's kind. of indicative of your behavior and how. you have just gone throughout this. entire process of financial silliness. Some of the money from the Amazon card. has been for purchases for Christmas, for presents. And then some of it was to. Christmas. Uh pants and. Yeah, but why on here was my question?

Like Like even the spending what I have. recommended it not necessarily, but. regardless, why'd you put it on here? A. card that is not being fully paid off, but was close. You were so close and now. it's accruing interest. It has the the points on it and then. also I can't put on the debit card at. the time. Okay, then Okay, then we can't afford. it. Then it simply becomes those. Christmas presents are not a necessity. a little different, but like pants. about the pants situation. Well, I only. have what, three pairs right now?

Oh, good. Then you got three pairs. But. I don't do laundry every I'm not going. to do every. like two times a week. Sounds like maybe. you should do laundry two times a week. We audit finances all the time on the. show, but when's the last time you did a. little life audit? Think about it. If. your mental health is a mess, everything. else falls apart. Your relationships, your work, and yep, even your finances. Stress leads to Dekita-level purchases, burnout leads to missed opportunities, and anxiety I don't have you avoiding. bills like they don't even exist. But.

here's the good news. Today's sponsor, SonderMind, makes doing a mental health. audit simple. They connect you with. licensed therapists and psychiatrists. tailored to your needs. And you want. even more control? You can browse the. directory to find the right fit. With. in-person or online options, plus their. app full of self-care tools, you've got. your own personal mental health team at. your fingertips. And here's the kicker. SonderMind works with most major. insurance companies, so you won't drain. your budget to invest in yourself. They're in 48 states and Washington,

D.C., meaning they're practically. everywhere and just a few clicks away. It's time to prioritize your mental. health just like you do your finances. Go to pages.sondermind.com/caleb. Click the link below to get started. today. Trust me, getting your mental. health in check is one of the smartest. investments you can make. That's. pages.sondermind.com/caleb. or head to the link in the description. below to check out SonderMind and make. mental health a priority in 2025. Also, they get dirty because I work. I'm at a. car dealership. It's going to get dirty. So you're doing laundry three times a.

week. Or I can just buy one more pair of pants. and I have to You didn't have the money. to. It was as easy as that. Points, that's not equating anything. On this. Amazon card, I know you're getting 5%. It's a good card. But regardless, if. you're getting 5% with the interest that. is accruing on this, you're completely. losing it. So it doesn't [ __ ] your. points. Your points. You're not getting. them. They don't work in the way you're making. them work. That's how this works, dude. And it takes eight months to pay off. just the minimum monthly payment.

And it's only at. It's like not even crazy. $29 minimum. payment. I was going to say I don't do. minimum minimum payments. I know you don't. You've Oh, how many. times is that's not the point. It. doesn't It You know it doesn't matter, right? I I would like to go May I. whiteboard this? Perhaps Perhaps I feel. like you might be. Maybe it'll help you understand. Because. you're saying that like it's a bragging. thing. Like you're trying to get me over. there and give you some sloppy top. No. sloppy top to you. You don't deserve it.

Because I need to show you how this. works with your little. Okay? Nah, okay. I'll I'll turn around. Let me. think of this.

Here's your income. Spelled like c u m. Isn't that funny? It's great spelling. Here's your little. payments. Here's. This isn't proportional, but here's your. minimum. Okay? Okay? Here's your little. extra you're putting towards it. Okay? Because you're putting a decent chunk. over here to cover this from your. income, right? Right? Cuz he's a big. guy. He pays more than his minimum. monthly payments.

And then you immediately come. and spend this much on the credit cards. If you are putting extra. to your credit cards. and in order to do that you drain down. the income and do not have the money in. your checking account to pay for things. and immediately rack up the credit cards. again, it doesn't matter if you put more. to the credit card cuz you build it way.

back up again. Math. You're in the math. classes. You're in the math zone. You're. sucking it up, okay? You know how this. [ __ ] works. Stop being a dumb little. tit. Don't jerk yourself off anymore. that you put more towards it. You put. more towards this 150. Well, Donnie did it, but then you put. 128 towards it like back on it. So, it. doesn't. [ __ ] matter.

Never say again in a conversation with. anyone about money that you put more. towards it cuz it doesn't [ __ ]. matter. You build it all the way back up. again every [ __ ] time on every card. we've seen. So, never say it again. You. are not earning an applause with it. Um See, let me see your Amazon account. I get. Mouthwash good. Highly recommend. Good. job.

Battery packs so I can Mike, I have a. career fair in a few days. I'm going to. record the sessions instead of trying to. write notes down. And there's his pants. Silver chain. Trying to be a cool guy? No, I'm wearing a cross, but my chain. broke. To your protection. You got like. a warranty on it? Zoom lens. I don't. think we're doing a hobby of photography. right now. I'm sorry. I. The cheap doesn't matter. You don't have. the money. Look what you just did. Stop. trying to Just don't. Stop. Stop, seriously. A million dollar bill desktop.

collectible. You are trying to [ __ ]. survive. Shut the [ __ ] President or not. I don't care. National State Parks Google images. Listen, you get it when you're out of. debt. I want you to get these things. I. really do. You just don't get it right now. I'm. glad you got a lunchbox. That's a. [ __ ] step in the right direction. Shampoo and stuff I'm okay with that. Did you need the headphones? Probably. not. Present. Presents. I'm going to. look at your subscriptions. Also,

Mhm. No case, no problem. Yeah, it's heavy. Yeah. Return's pretty. high. It's paid off. That's. Better be. This is risky. Do you have. AppleCare? Yes. You better be, but you can't afford. another subscription regardless. I think. for people like you, no offense, you're. in debt, you're dying, negative in your. checking account, trying to figure out. how to pay the bills won't work anymore. than it already does. Get a case. Luminosity, golf swing, multiple AppleCares. You pay for Weather.

Channel Premium? It's $10. You don't have $10. And it's. the action. It's not the purchase. specifically. Look how many purchases. you're justifying across the board. Total AV monthly subscription. So, you have a lot of subscriptions. I'd. cancel a lot of them. Did you start start a screen recording? Not that I'm aware. I don't think so. start a screen recording. hear you. I was looking at. Oh, sorry, guys. It wasn't on screen cuz. guy's not listening. I can put it on screen.

It's already done. Sorry. They're asking if you have weak. wrists. I don't know for why. I may have missed. something. Weak wrists. No, me cuz I said the phone was heavier. than the current generations, maybe. You can feel that difference? Couldn't lift his phone. I couldn't? No. All right. What's going on? Okay. Negative $9.14. You can't justify literally anything.

you've done this entire conversation, not even the stupid little $10 purchase. cuz it's not behavior at that point. That is just an actual purchase I would. call out because you are negative in. your checking account. The moment you're. negative in your checking account, uh-uh, those don't exist. It is simple. as that. No more collectibles, no more. dum-dum, no more stupid stupid. You're. It's stupid. Okay? My thing is I'm not saying I should. Some things need to go to personal life. I that much. I agree to I just not until you're. overdrafting. Once you're overdrafting, it doesn't matter. You're in [ __ ].

fire mode. I have not incurred a. overcharge fee in at least a year. Look how close At least a year. I haven't. How about I haven't? Huh? You. like that? Jerk me off now. Now I'm saying it for. to get and like awards. I don't give a. [ __ ]. You have it in a year. Good job. You look how close you are. You're going. to do it again. It's just a matter of. time. You're skating by by this much.

This much. I understand that I need to put more. money. But how much would I be able to put. towards myself? I don't know yet. But all I'm saying if. you're negative in your checking. account, zero. Cuz at that point you're in emergency. mode. Emergency mode. It's not a question at. that point. Well, the way I work things currently is. I have money coming in weekly and I bill. weekly. So, it always gets close to zero. because I am getting close to what I've. put away. So, it's not like I. Negative $9.14. Is that zero? No, it's.

less than. Oh, that's interesting. Shut the [ __ ] up. then. Canteen, canteen, McDonald's, another. Apple bill, canteen, canteen, McDonald's, Rudy's barbecue, SodaStream. What the [ __ ] is all this SodaStream? SodaStream is every second of your life. It's 38 bucks. I know what it is, but. why is it so much? No, but I saw it on. the credit cards, too. It's for the CO2. It's 40 bucks. much. CO2 are you shoving up your I do like. two bottles a month. I saw three charges.

When you return Oh, there's also drinks. I bought the drinks themselves. Apple Cash sent out, Rudy's barbecue, Chick-fil-A, McDonald's, Hat Creek. Burger, Amazon, Subway, Rudy's barbecue, canteen, canteen. InReach, McDonald's, Tacos, InReach. You're. talking about having a little bit of. personal spending. This is once a day. Shut the [ __ ] up. You don't know what. you're talking about. Apple bill, Double. Dave's, Rudy's Country Store barbecue, Rudy's Country Store barbecue, Amazon, Microsoft, Double Dave's.

Canteen vending, canteen vending, Rudy's. barbecue, canteen vending. Hello Bros. Not even that good. Rudy's Country Store. barbecue, Rudy's Country Store barbecue, Apple Cash sent out, canteen vending, canteen vending, Duchess. Apple Cash sent out, My Pizza, Chick-fil-A, Chick-fil-A, Dairy Queen, Rudy's Country Store, Cash App, Double. Dave's, Rudy's, Cash App. Cash App sent out. What is all this Cash.

App, dude? What's this? That's how it. comes in and goes out. $9? Cash App and Apple Cash? What is this Apple Cash? $9? What are. you talking about? Apple Cash, I have no clue. I don't know what a $9 charge on Apple. Cash is from a month ago. Whatever. I. don't I don't know what that is. Yeah, you ended negative. So, sh. Stop being a dick, you little. You ended negative. You should know. because guess what? You wouldn't be. negative if you didn't have it. You. child. Apple bill. Stopped at a gas station,

got some Mod's Pizza. Stopped at a gas. station, got some bull. Torchy's, InReach, Spotify. Guys, I know for a. fact that I don't spend more than I make. and negative in his checking account. Shut the [ __ ] up. Another Spotify. You have Spotify on two. different things. Spotify here and on a. credit card. You're out of control. You have no idea. what the [ __ ] is happening. You are a. literal baby. InReach, Chevron. You stopped in and got some. bull. and an Apple bill. Why is there $500 in savings if we're. negative in there? I'm so confused. You.

actually put more in. You put 800, but. then you had to take out money. So, I saw Dave Ramsey thing saying you. should put $1,000 in savings. Even. though it's not I can't warrant I can't. justify myself having that money in. there when I have the debt. And then recently I had to do dental. work. have the money in there if you weren't. going to Rudy's Country Store and. vending machine every single day. At this current moment, I needed the. money, so I spent the money on dental. No, I'm I'm the money that I put in I. used for dental work because I had to. pay it off. How much was the dental. work? 800. That's curious. How much do.

you spend going out to eat? 800-ish. Huh. You need the money. Yeah, maybe we find it from other. sources and not in an emergency fund. 3,000 in Robinhood. Okay, so with. Can I see Can I see your Robinhood? I. want to see what you're invested in. time. Oh, nothing Well, I have a little bit in crypto. 3,000? My. friend told me to invest in this thing. It was 200. It's 200. It's crypto, yeah. So, I made. That's.

Shib, Pepe, and Doge. Oh, my. poor kid. Oh, If they go Okay, my thing with stocks is. Your thing is I want to hear Let me hear. this. Okay, well, first we'll start with the. the money in. So, I put like five in. towards this one stock that was supposed. to go off crazy. It was supposed to. It. was It was scheduled to, guys. It was. scheduled. It was ready It was like we. Every. Every 6 months it went up 100-fold. That's not a schedule.

Go on. For the past 3 years, every 6. months it had gone up. So, I invested. and it went back up. that? It wasn't available then. Okay. So, it's. relatively new. So, I put the money in and of course it. tanked, because that's my luck. And then. Not luck, cuz you made a stupid. investment. it went back up and I made my money back. and some. I left a little bit in there. for crypto, just in case it happens to. be Bitcoin 2.0 and I get to be a. millionaire for free. Yeah, it's 100 bucks. What about the I. don't care about that. Why did come it. go down from 3,300 to 200?

I cashed out and put it towards So, from. the stock one? Yeah, I cashed out that. and put it towards one of the cards. So, you didn't actually pay off like the. card from behavior-based things. You got. lucky on a bet. Oh, my. Oh, it makes so much more sense. Of. course not. You haven't made any. progress, really. You got lucky once. Oh, you. [ __ ]. Me. Oh, there went my hopes. There went my. hope. I was like, "Oh, you paid off the. Apple card. Okay, we can do something.

here at the end." [ __ ]. But the Apple card was separate. I. already put the money towards the other. stock. was the Apple card? Uh the last payment. I'd have to look, but I think it was. like 500. Uh I paid it off. Okay. Because I'd been able to be working on. it. spent multiple hundreds on there, didn't. you? Again, your your payoff doesn't. matter if the money goes back on. Like. that you What about net? Net 100, maybe? No, you keep trying to Like, really can. get pats on the back for that, but you. don't get them when you put it back on.

Dude, kidding me? Remind me your rent again. your portion. 340. And utilities? Uh I don't pay utilities here. Internet? I don't pay towards that. What a joke. There's no reason for this, man. We'll figure out the school costs in a. second. Obviously, no minimum payments. on the student loans. Um okay, so. 436. for your debt payments.

Gas vroom vroom drive drive monthly. basis? 50 a week. So, times four, 200. Is that how it works? Car insurance, how. much? 187. $300 of groceries, use the cookbook. that you get for free when you use our. simpler budget app and join premium with. all the classes and stuff. It's 300 a. month. What What? The 300 you're allotting for. grocery spending. Yeah. Okay. What you. can do is actually meal prep. TP fund 100, anything else you need.

That's your toothpaste, that's your. dildos, whatever you use. Whatever gets. you there, man. Pet insurance, do you have any pets? No. Okay. Good. I hate pets. You hate pets? I hate. hair. Gets everywhere. No, you look like someone who'd eat. them. Okay. Well, yeah, I get. Got a little Dahmer in you. Medical, health care, anything on a monthly. basis? Uh not currently uh for health. care. I'm on my parents'. Yeah, but like prescriptions or. anything? Therapy? Prescriptions,

uh 100 a month, maybe. That's expensive. to get it get any recently, so I don't. know. So, would it would it be coming. up? Yes, I do need to get a refill soon. Okay, we'll put 100 in. Feels a bit. high. What is it? Uh well, I have multiple. I have one for. sleeping and one for uh. Now, if it's multiple, that makes more. sense. Yeah, depending on especially on. your parents' plan. But also, one thing. that reminded me of is I had another.

um. Some of the spending on that card was. from a. an esophageal. enlargement. at like four cards. Sapphire. Okay. An esophageal. enlargement twice, because I basically. choke on every meal I have. Don't do. that. I I try not to. Okay, do you take. something for that? I do now. That's. part of the Yeah. Good. I'm sorry. That That. must That must be horrible. I'd eat. fries and it would I would feel like I'm. about to choke. every single time I ate them. Is it a. mental thing or is it physical? No, it's physical. I have eosinophils.

There's too many in my throat and So, this is a thing that's prescribable. Well, obviously. Yes, and the treatment. is enlargement, which kind of takes kind. of doesn't. Uh and then. something to combat the autoimmune. disorder of the eosinophils. Mm. How long have you been taking it? 6. months to a year now. Oh, but it's. better, man. Is there more they're able. to do? Well, there's the enlargement is. the surgery, so to speak. And I can do. more of those, but it's expensive. Oh, so you've done them before? I've done. two. And it helps for a bit? I mean, it's.

better than what it was. I haven't had. it feel like I'm going to die recently. As long as we're avoiding that, right? Yeah. I feel like that's the It's a big. thing. No death. No death. What's the. point of all the work we're about to do. Well, that you're about to do if like. we're Yeah, so. No No choking on. um Yeah, no choking on So, yeah, that's. some of the medical bills, too, that. that accrued on my card. Anything else. on a monthly basis that needs to be in. here? I think that's about it. Cool. Congratulations. You have leftover. money. I'm not surprised. I already told. you.

You have $536.87. So, I'll give you $100 towards fun, cuz. you just absolutely need that. Yeah, like you you you won't sacrifice. I'd rather get you there, even if it. takes a little longer. I. though, you know, the intent If you could really. show the intent by going all in, but. whatever. It is what it is. What's your I know it's going to change. once you transfer to full-time to UT or. A&M, but what's your tuition right now? I paid 1,500 for. everything.

You could have cash flowed that. [ __ ] you could have cash flowed that. Now, what you said earlier. Sorry. was even. 2,300. You could have You could have been. pretty damn close, especially since you. work more during breaks. Cuz you only do fall and spring, right? Yeah. Well, I'll do summer as well, hopefully. Well, that's a little less, right? Okay. I'll be paying for it. you could have cash flowed It would have. been close. You may have had to borrow a. little, but I think you would have got. really close. So, what you said earlier. was incorrect, man. But now we're in a. situation where I'd rather you borrow. those loans and have this extra money go.

towards paying off things like the. Sapphire, the SoFi, the Amazon. Amazon, obviously, we take care of in a month. It's not even a question. Okay, but the. SoFi that Let's take care of the. Sapphire next. No Just minimum payments. on all this and everything else towards. what we're focusing on. Okay. And we do. the Amazon first. Sapphire we kill in. about. I'd say about a year, which is okay. You're in school. Oh, yeah, you got yourself in the hole, man. Work more. I know you can. And if you.

bring in a couple hundred extra bucks, you can get that down to, you know, like. 7 months or so. Like you can make this. go quicker. Um and at that point with what's left. over, I'm going to say the SoFi is. probably going to be about a year and a. half after that. But 2 and 1/2 years. while still in school, that's actually. not horrendous to get out of the mess. And then you got to focus on paying down. the student loans or refinancing to them. to a lower rate if you can afterwards, but you lose some of the protections. with that. We'll talk about it then. But. either way, they're not at a great rate. But I'd rather you borrow at that rate. and pay off the bad loans. One thing. with UT is saving grace is it's free if.

I get in. Well, there you go. to get in, but it would be free. Please. do. Work your ass off, and you already. are. We've allotted the hours to it. If. you can work an extra 5 hours a week, man, seriously, and like. What is it? 25 is what you make an hour? 20? Okay, 25. That's an extra 500 bucks. a month. So, let's just say like 350. Uh. Yeah, you're you're you'd almost be. Yeah, you'd almost be doubling what goes. towards it. Instead of 2 and 1/2 years, like I think you could bring this down. to like a year and a quarter, man. Come.

on, a year and a quarter, then you save. up a fully funded emergency fund. By the. time you graduate college, you're off to. the races. You have an incredible life. It just takes a little bit of sacrifice. now, and I'm even giving you $100 of. fun. Don't this up. Don't be so. defensive. Don't look for the pats on. the back. Don't try to get out of. negative confrontations. Time to have. that confrontation with yourself. internally and actually work on this. [ __ ] Get to the goal you want to get. to. The things you named are Okay, like. a nice car, sure, whatever. If that's. what you want, fine. You know, we got to. get to some things before that, like. some investment goals and stuff, sure.

But, you know, the house and moving I'm. I'm I'm good with all that. Let's do that. And this is the first. path towards there. So, please follow. this. Please take the classes, the. budgeting class, the debt class, the. investing class. Please use the. resources that we give you. Please use. the simpler budget app. Come on, man. We. We are giving you everything. Everything. in our power to make sure you can get. there. Be like the average guest. Be. like the median guest. You can do it. Spending in a budget, you overspend, so. you're a 10. Debt,

not the worst of the worst of the worst. in terms of the numbers, not fantastic. either, but two out of 10, cuz it is. still bad. High interest, even your. student loans, subsidized even, bad. interest. Emergency fund, I. I'll give you a one and be generous, cuz. you're not even a 10th of the way to a. fully funded emergency fund. Retirement, I'll give you one to be beyond generous. with the doge. I have invested in a. 401k. Oh, how much do you have? I have 32 in. one 3200 and a.

Roth and 900 and a traditional 401. That's another thing I don't know. it. Let me do some math. Oh, sorry. Go. ahead actually. Go ahead. I was going to. say I don't know how much I should put. towards that because. I know with. Right now nothing. Well, do you get a. match? Uh no. Then nothing right now. Yeah, might Yeah. Nothing right now. Works. not what we defined and then out all. that debt really cuz it's all bad debt. in terms of interest rate and then a. fully funded emergency fund.

Um so you had how much in retirement. again exactly? Uh it would be approximately 4100. 4100. Okay. We need you to be to a minimum if. you're at the same income level of 30. 26,000. So I'm going to give you a three. out of 10 retirement wise. Real estate. zero out of 10 for now, but if we get to. those goals, you'll get there. You'll. get there. Don't be defensive and petty on the back. end, silly little guy. Round it up. Hammer Financial Score 1.5.

out of 10. Make sure to join us in the. post show, guys. It's an extra 20. minutes every episode plus a call-in. show and a lot of other things, live. streams. Join the elite for the best. value. Make sure you check out our. education. It's all bundled together for. 15% off and our new simpler budget app. There's so much out there. It's all. great. We'll see you in the next one. What's the year we go on vacation, me. and my brother? Good. me. Good me. What the [ __ ]. There's a trip that you don't know. about. Where you going this year? Austria? Austria? You think you're going to. Austria? You think there's even a chance.

for you to go to Austria? Your Austrian. Alps. You don't get Austrian Alps at. all. Remember the strategy we just. talked about that didn't pay for the. vacation. PTO. What? Oh, for I got to watch To watch. the Financial Audit Post Show, click the. join button below.