Scumbag Husband Destroys Marriage With Secret Debt | Financial Audit

I'm pretty sure. pretty sure it's like 1,000 to 1. And. what was that? Yeah, that's all sake. Are you being serious? Yeah. You didn't. know this? This is an insane bet. I. wasn't really thinking about it. Thoughts, comments, concerns? Hi, my name is Jenna. I'm 36. I'm Mark. I'm 36 and we're from San Antonio. And. this is Financial Audit.

You are real Southern, aren't you? Yes. You are you are just What does Southern. mean? full Southern. That was Kentucky. Okay. Well, I love having a couple on. this. This is super exciting. Uh, it's not every day we get it. So, let's just start our household out. You. know, you're directly in front of me. So, Jenna, what do you do for a living. San Antonio? I work remotely. I'm in HR. Okay. How much you make? Uh, 50. Cool. And what about you? What do you. do? Uh, I'm a mechanic working on stuff.

How much do you make? Uh, 31.50 an hour. Okay. Oh, an hour. Okay, cool. So, I don't know I don't. know it yet. What do you mean you don't know it yet? Why? Is this just started? You have paid time off? No. No paid time. off? Mhm. So, let's say you work, what. are you going to say, 49 weeks a year, 50 weeks a year? If we average this out. 40 hours a week? Yeah, I don't know. Well, they're giving us 2 weeks off at. the end of the year. Oh, okay. Usually. that is that's something that But it's. not paid? No, it's paid. Yeah, this.

time. That's paid. Okay, are we thinking 40. hours. He works overtime a lot. Yeah. So, for. the most part he's working overtime. Yeah, I work 55. About 55. have you been doing this job? Like 6. months. May. Okay, we should kind of. know what's coming in, right? What do. you think the average. as like weekly, I mean it's about 1,500. bucks a week. It's a week that hits your account? Yes. Okay. You get paid weekly? Yeah. Got. you. So, pretty chill. We average that. out 52 weeks, you know, 78,000 okay,

net, not bad at all. So, about 65 And my. bring home after taxes and insurance and. 401K and all those things is 31 and some. change a month. Cool. So, we are looking at a household. There's more. Good. Of 9,600. What's this more? Uh. disability. For what? It's veteran disability. Oh, you served. Okay, what did you do? Uh I. was a mechanic there, too. Okay, cool.

on tanks. What branch? Uh army. Very cool. And what comes in. monthly for that? I think it's like 2,300. Okay. Now, basically, I will say this, every single. veteran that has ever been on this show. has disability. This is very common. Can. I ask what Well, some of it's physical. and the rest of it's PTSD. Okay. So, total we have 11,900 that comes in. on a monthly basis. And then I work for. my dad.

which is confusing because again, this. is all sounding so good so far. I'm so. happy. What are we? We're 5 minutes in. That's wonderful. Look at that, guys. We're having such a good time. This is. so good. We're making so much money. I have no idea how we're in the Like, this is a fat stack. You but we did a. fat stack week where we had like the. most paperwork in the show history. You. belong in that week. So, all this income. that is coming in, I'm like, how are we. in this? So, what's this extra income? So, I work for my dad as well. I do his. books and that's paid through an LLC, so.

that's 1099. So, that's $400 a week. Okay. Are you setting anything aside for. taxes from that? No. Have you ever paid. taxes on that? I have not prepaid taxes on this, but. paid taxes on that? I No. So, This is new. This is new as well. Okay. Our life drastically changed recently. Why? So, he had a very high paying job. and lost it in March. So. a high paying job now. What what did we. consider high paying or very high.

paying? He was like bringing home 160. I mean. that's delicious, but I'm going to be I. know it sucks to take a step back. I. really do. You do still make really good. income. Especially in kind of the. cheaper major city of Texas by the way. Out of all the major cities, you know, we're looking at the cheaper part. So, but okay. I mean if you're trying to. sustain your lifestyle and what happened. when you were making $30,000 more cuz. you probably. you're still probably making pretty darn. close to $100,000 before taxes. So, you. know, net, you know, maybe like $20,000.

different. Yeah, if we If. If you guys just not touch your. lifestyles, the lifestyle just like We. eat ramen. No, it's it's changed. It's. just we're taking care of stuff that. when we were still in that lifestyle. just kind of stupid. A lot of our. debt is like the the promotional stuff, right? So, um we're Yeah. Who falls for this? Who falls for the. promotional stuff? We have never had to pay for the the.

deferred interest stuff. We've always. that's a minimum to be clear. That's a. very basic minimum. Yeah, so um but yeah, we have a lot of. those. We have a lot of this promotion. Yeah, but we also have. two car payments added up are basically. the same price as your mortgage. Yes. Which is the most insane thing I've ever. seen in the history of today. Yeah. So, I don't think it's just the 0% cards. that were sometimes good with, but we.

continue to rack up forever. But the. promotional things, who's signing up for. this? Or is it both of you? Or is there. usually one cause here? of them maybe if it's just medical or. something like that. Medical? The big. one is CareCredit that we have. And. that's medical? Yes. So, um he had his first back. surgery at 25. And wow, 25. Yeah. And um they the VA wants to do. like a invasive surgery like rods and.

everything and I'm like you're 36, we're. not doing that. So, we looked into QC. Kinetic. And um we did that. It is very. expensive. Well, it's not expensive. why are you also against the surgery. that the doctors are going to Uh. mobility. Mobility and his daily. mobility. For permanently or temporarily? like no, you're not bending over, you're. not turning like For how long? That's. that's going to be for. forever. Yeah. Would that make it hard for your job? Impossible for his job. Yeah, that's not.

happening. Okay, so an extra 400 comes. in a week. Yes. But you haven't set. anything aside for taxes. No. You know, I mean a tax bill will come. Yes. And I have my last job was a 1099. job and. We're talking an extra $20,800 a year. Yes. So, even still, I mean taxman might come. and taxman might be like, "Yo, an extra. 6,000." And I do put that into an. envelope. I did I was there like substantial. savings? I don't remember substantial. savings. no savings because you. ran through everything So, what happens.

when this tax bill comes due? Yeah. Yeah. for that. Okay. But what I will include your income, I'm. going to set the 30% aside. What I will. allow is 280 coming in a week cuz you. need to set 30% of that aside, okay? Okay. That is a basic minimum. You guys. do not touch that money until 30% of it. is set aside. Okay. And a minimum. Obviously, for this whole year, when did. you start? That was in. When did you July probably?

Okay, so for these last 6 months, I mean. you're going to have to write a check. Yeah. Now, maybe. one of your jobs or do you guys file. jointly? Yes. Okay, maybe one of your jobs, maybe. you're contributing a little too much to. your tax file, then that'll make the. burden a little less. He does take some. out of his extra. Extra? Yeah, like Why. would you want to do extra? No. But the previous job he was taking. extra out. But what about this? No. Not with this. one. So, like standard deduction and then. you're. Yeah, and that was that's it. Yeah, and.

then. we do write a lot of stuff off with our. taxes. Um Hold on. Yeah. But the only thing that's your. businesses. that LLC, so what are what are you. writing off and what business? we run our business as a consulting. firm. business? So, it's. What what business are you talking. about? So, I have an LLC and that's. where. but you but that's the vast minority of. your income. that's. And so you're bullshitting.

I mean, kind of, yeah. Yeah, so a little. taste of a little audit happens and. We're we're putting So, like he does. side jobs, too, on the side. So, like. anything that is paid in addition to. like our regular W-2s is put into the. LLC. Okay, well, an extra $14,560 a year. after you set aside money for taxes. because you just don't want to [ __ ]. yourself. Why [ __ ] yourself when you. don't have to [ __ ] yourself? So, we're. bringing in an extra $1,213, okay? Mhm. Good, which again, good money. I'm.

happy, guys. It's a Other than that. little tax thing we talked about so far, positive story, great. The paperwork in. front of me is not a positive story. So, we know how much comes in now. After you. set aside money for taxes, how much do. you think was spent in the most recent. month? What was spent? Money going out. Yeah, I don't really know. I'm sure. we're over. What do you think? Yeah. to guess. Look at You feel your. lifestyle. Mm, how much do you spend? includes that payment as well.

everything. Like what. goes out. I mean, I'd probably say 12,000. Okay, so you'd say less than the 13,000. that comes in? What would you say? I know our bills alone is over 10. Just minimum bills? Bills. For good. Okay. Just like why would we put. ourselves in that position, guys? Okay. Okay. So how much? I would say we probably spent 12. Total. Total. 12 12. 12 13.

$16,848.34. It's not even close, guys. This is a. substantial. substantial difference. 13,113 comes in. 16,000 848. .34 goes out. It's an extra 22% of spending. An extra 22% spending. Okay. All of that, by the way, while we're. looking at $610,000 of debt. Yeah. Mhm. So we're spending 22% more than.

comes in on a great income. While we have multi hundreds of. thousands of dollars of debt. Mhm. What. is going on, guys? I know we had the. little job loss thing, but with where we. are today, what is going on? What am I. looking at? Why are we self-confessed. where your brain is? I would love to. know where you think you are cuz. obviously don't know your spending. It. wasn't even close. So what is going on. from your all brains? Well, I don't know. I I don't know. I. mean, it could just be miscommunicating.

too as far as what we're talking about. Or as far as money or even getting. spent. What do you mean. miscommunicating? What's the. communicating? How does it look? Well, I. don't know or it's not being talked. about, you know, uh. Wait, what? if it is ordering stuff or anything like. that. What's not being talked about? Like if you order something. Yeah, like if you order something. if she buys something, it's just not. even talked about. We just Yeah. Like we. are not like one of those like where we.

like, "Hey, can I purchase this?" It's. not even a hey, permission for every. single purchase. It's more of a. understanding where money's going, sitting down, looking at the budget, understanding where the money went, and. discuss where it went, what we need to. address for the future months. That's a purchase that. we Wait, how can you not have that? You've never had How long have you guys. been married? I'll order 15 years. Good. Do we have any kids? One. One. Oh, age? 11. Yeah. Okay. How are we setting up for. their future right now with this, that? Not very much.

Do they have any kind of fun? Not that. you need to, but do they have a college. fund? Um a small very small one. What What are we talking very small? What are What are we saying? It may have. a couple grand. Yeah. Okay. Um. I think we thought more of that. was long-term thoughts is like, you. know, as far as the investments, as far. as property. Uh the house and stuff like. that. Well, the house still has a large. mortgage. And even still, like as they. go through things, as. if we continue right now. Again, debt is.

going up, so it's how we're able to. sustain things, but we have seen. throughout the history of humanity and. debt and spending, and even on this. show, what we do, we overspend. You get. to those limits, you hit those limits, and all of a sudden the payments start. going through. Sometimes that ends up. being mortgage. Maybe take that mortgage. payment to put on the back of your. mortgage, but eventually that option. starts to run out, then you get a. foreclosure notice. Then, uh-oh, kid, no. more house, no more assets to be able to. pass down if that is the main goal of. that. So, for ourselves and all these. other other categories could be.

preventing us from being able to pass on. what we actually want to. And of course, that 2,000 is going to go to like 4,000. by the time they go off to college if. it's properly invested. So, okay, they have a quarter of a semester. covered, you know, a half a semester. she's going to be like a doctor or a. lawyer or something where she has to. have a college degree, she doesn't have. to go to college. Yeah, no, and we we've. never really thought about it as far as. college. I didn't I mean, I went. Oh, okay. So, it's just a setup account. for them in general. Yeah. Okay, for her in general. Yes,

because like a trade school, like we're. all about like the trades, right? Sure. Whatever you want. He Well, what does she want? She's 11. You don't know what to. Right, she's 11. She still wants to be a. singer, like Sure, of course. Okay. Well, even still, this is whatever. you want to set her up for. Not that you. are required to, but you know, most want. to set her up for something. Right. Yeah, and. putting the back in you guys. You have. such a strong income where you could be. setting up substantially if you really. wanted to. But, you can't if we're. spending 22% more. Right. Then comes in.

on a very strong income. Cuz net, you. guys are still looking I mean. 13,113. Times that by 12, net we're bringing in. 157,000. That's insane. That's incredible. That's. delicious. I would have taken that every. single year of my life and been living. on the top of the world. That's. incredible. Do we not realize how incredible that. is? That's like incredible. I mean, we know it's still good. It could.

Your net is double the median household. income in the United States. Your net is. double the median gross household. And I guess it's just hard for me to. fathom like I mean, like I understand. like we are definitely spending. more way more than we should. It's. mind-blowing to me how people are. surviving on. you know, 30,000, 40,000 a year. people can survive. Yeah. If they track. their. It gets hard. It gets scrappy. They take. sacrifices. Absolutely. I'm not even.

saying it's like, "Yay, yay, yay, great. living." I'm not even saying that. But, people are able to survive because they. actually sacrifice and they budget. So, why have you guys not communicated at. all? Why have we had these conversations in a. decade and a half? Running a small. business, I get it. Paying bills can. feel like death. Endless paperwork, late. fees. I've been there. But, that all. changed when I found the sponsor of. today's video, Melio, a tool that takes. the pain out of paying vendors. What. really sold me, you can even use your. credit card to pay vendors who don't.

accept credit cards for a 2.9% fee. And. that means maximizing cash flow, grabbing rewards, and avoiding those. nasty late fees. And the setup is super. easy. You can pay bills, schedule. payments, and even send payments. internationally, all from your phone or. desktop. Melio syncs seamlessly with. QuickBooks, so you're not wasting time. on double data entry. Need your vendor. paid right now? Melio offers same-day. ACH and instant transfers. And the best. part, your vendor doesn't even have to. sign up to get paid. If you're tired of.

payment headaches, check out. go.melio.com/calebh24, or check out the link in the description. below, and start using Melio's powerful. tools to boost efficiency, gain more. financial control, and peace of mind. when it comes to your finances. Trust. me, it'll change the way you handle your. business payments. Start for free now. Well, I think it's more uh I mean, most. of my jobs I've been gone, or I'm on the. road a lot. Okay. And then, so I just kind of left. it with her. And then, cuz I transfer I transfer. money out that, you know, what I spend,

or whatever or whatever the weekly deal. is. Uh and then, after that, I don't really. All right. Do you have no desire to be. informed of your financial position of. the household? I do. It's just a lot going on at those. times. Yeah. When things get bad, or. things get. even know when things are getting better. tight without looking and being. Well, then, cuz then she'll come and. tell me, like, "Oh, Who knows? So, how. do you manage that? He puts it in your. hands. So, what does it look like from. your end? Um. I pay the bills, and then what's left is. like our surviving money at this point.

Surviving, but there's nothing left. There's nothing left now. And so, in March, whenever he lost his job, that's whenever he actually started. seeing the numbers and seeing. what was going out, and what we needed. to bring in in order to just keep. everything. afloat and not damage our credit and not. lose anything and. so whenever I run out of. robbing Peter to pay Paul, whenever I. run out of Peters to rob.

you're probably like. hey things are really hard. I need I. need another opinion. I need another set. of eyes. What are we going to do? Um You guys need to be in this together. Right. And that just means like even if you are. busy on the road, you got to step back. and have a little call, you know? I'm. literally just talking once a month even. for a couple hours, you know? Yeah. Really just for a couple months. Obviously, we're going to put you guys. through all our classes. Take them. together. Go through the quizzes. together. Learn how to budget together. Learn how to invest together. Learn how. to pay off debt together. You guys get.

them for free. Do them. They're all 15%. off for y'all right now bundled. together. But you guys get them for. free. Please take advantage of them cuz. we have people that come on the. follow-up channel, the financial audit. follow up channel all the time. And even. if people have made progress or haven't. made progress, no one takes them who get. them for free. Cuz like you need to have. the drive. And the people that purchase. them, they have the drive to take it. Mhm. But I don't know. Some of the people. aren't taking it. It's becoming really. disappointing. But over 10,000 people. have purchased and taken them. So please. take them. Do this together. You guys. are a partnership. Yeah. Self-assessed. We're about to jump into the first the.

best buy card. But self-assessed, I'm. going to go 3 2 1 go. And on go, I want. you guys to give me at the exact same. time you where you think your household. financial score is. Zero being the. absolute worst that exists in the entire. world. 10 being the absolute best that. exists. in the entire world. 3 2 1 3. Okay, pretty close. Two to three. You were just talking about how you have. to endlessly borrow. Paul, Peter, those biblical names. And. all this. our only saving grace I feel like is our.

house. Sure. So you think that's. boosting you there. Okay. bit. Yeah. And it actually might. I would be more. inclined to go with your two because of. the real estate. But everything else is. really taking it down. We will see where. it is. So, question. Because it you think that. it's a two because of the real estate, is that because of the type of real. estate that we have and it you feel like. it's not a necessity or. know what kind of real estate you have. I'm just assuming if you're zero in four. of the five four of the five categories, like even if you have a great real. estate score, it's only going to Yeah,

cuz again, you're saying that you're. endlessly borrowing until you can no. longer borrow and we're getting closer. to no longer borrow. So, I don't think. So, it's not whenever I say robbing. Peter to pay Paul, I'm not taking out. more loans to pay other loans. I know, but these balances are going up. Like the Best Buy, for example, 809 to. 2,872. be pushing one. So, that is actually his. mom's washer machine that we just put on. there. What? Why would you put your. mom's on there? So, We have a lot of like.

as you like to call it incest debt. Ince. Do I call it that? Yes, you have. I say a lot of weird things. I have such. a way with the English language. I don't. even know what I say half the time. So, um we have 10 acres and my sister. became a single mom a couple years ago. and we she was living in Colorado by. herself and we said just move back. So, we took out a construction loan to. convert a. a storage building into a tiny home for. her and we put it on the property.

bed? No. doing in your guys's house? What? I have. We have a three-bedroom house and at the. time his mom was still living with us. Oh, jeez. Um But but but why are we. buying a washing machine for the mom? So, now mom lives back in Texas and she. just moved onto our property. was more of putting it on the card. I'm. not really sure. I I didn't even know. that we did that. You know? You didn't. even know? No. Don't give me that [ __ ] I didn't know. it was on my card. Well, why didn't he. know? Why aren't we talking?

I'm sorry. Nope, it is Mark. His name is Mark. Mark. also has. Mark. Mark also has a really. bad habit of halfway being invested in. these conversations because it's a. financial conversation, right? So, because he doesn't have that. interest of like being involved in this, whenever we talk about things like this, it's like or even if he's just like in.

the room while his mom and I are having. this conversation. It's like a half like. it's in one ear and out the Is that even. a choice? How how can you No, I don't. Yeah, I'm I mean I don't sometimes I'm. sure of it, but but but I don't. remember. I don't Well, I don't remember. that either. Or both of them. have the choice to only be half invested. in these conversations for your. household though? No. So, why would you say you're half. invested? What does this look like from. your end? Oh, [ __ ] It's just been easier.

Yeah, it's just Yeah, it's been easier, so it makes it kind of easy on me, but. Uh it's like I said, some of that stuff. I don't remember. You guys are drowning. We really just. don't have the. like ability to be lazy. We don't pay for that. She pays for it. Yeah, but it's on your credit and she. has to pay you. So, she she goes online directly and. pays it. Okay, what happens if I. Yeah. Then she has a life insurance. policy that is written to him. Okay. Okay.

Now, if. Still risky, could miss a payment, dings. your score. Mhm. Yeah. Now, if my. dad, who pays the loan for my sister, goes. then. What is that Is that loan here? Yes, it's in here. [ __ ] sake. Well, this is all a big. mess. Okay, so this Best Buy, which I. guess his mom Well, first of all, there. was already $809 on there, so was that. all mom as well? No, no, no. That was I don't even. honestly I don't remember that. $2,872.54. There is interest accruing $2.55. I'm.

sure that's the older pages Again, you talked about at the beginning how. we're. on it. Oh, yeah, and there it is. Cuz. you talked about at the beginning how. Oh, we're interest-free. Well, I've. already. paid the Okay, I need to look at it. Yeah, you need to like look at the. accounts once a month. Yeah. At a. minimum. like like a $5 balance. that these episodes come out are weird, but I literally just filmed an episode. yesterday with uh. one half of a relationship, and they.

also thought that like no interest was. accruing. He was missing payments, and. interest was accruing. You just. literally have to look. It's as simple. as look, guys. You are the one that is in charge of the. finances, whatever. That is the. relationship that you guys and your half. in the finance. Okay, okay, we can throw. these things around. Sure, sure, sure. Right. Why don't you look, at the very. least, as the one who has been. determined by both of you to look at the. finances? I'm usually pretty good about looking at. the finances. uh you didn't even know interest was. accruing on this card. Yeah.

How much interest is accruing on it? $2.55. It's probably the previous. balance, not the new stuff. Your new. purchase was probably 0%, but that past. stuff is accruing interest. Got it. I'm assuming. Let's take a look. at it. Again, now your minimum due. payment, and these are going to get. chunky. We're starting with the minimal. one, but we're going to add like a. thousand billion of them. $32.38. We're going to be here until tomorrow. morning, probably. Ooh, okay. Yeah, $21 of interest is your so far. So, interest is accruing on a monthly. basis. All year. So far. Okay. Yeah.

And that interest that is accruing. is on $145, something that we could wipe. out like that with your income. Like. that. Get out of here. like. Normally, this has been a year. Yeah. Yeah, I don't know. And. No, no, no, no, there's no normal. It's. been a year. Yeah. Like normally would happen within this. year. We are the second to last month of the. year. Yeah. No. I need to find out what it is. Is it. still. Is it still accruing?

Yes. Every month, $2.55. And you've accrued. this year $21.97. Is that the biggest thing in the world. in terms of monetary impact to you? Not. even close. But it shows it demonstrates. that you do not know a single thing. about your finances even though you are. the one that has been self-crowned and. crowned by him to be in charge of the. finances. But we didn't even know all. year interest was accruing on a card. when taking a look at a statement takes. 5 seconds. Yeah. That top of a statement takes 5. seconds. Honestly, I don't even look at.

statements. I just go online and look at. the promotional purchase thing. So, that's where I'm at. And look where that led us. Okay. I mean, one of the interest-free. things is going to end in literally Oh, two of them are going to end in. basically a month. Yeah. Okay. The deferred interest on those so. far are approaching $350. Yes. So, we have to pay a total of. about $350 as well is what the balance. is. About the same amount of interest.

has accrued as the balance. So, it'll. double if we don't pay in a month and a. half. We are spending 22% more than we make. Sure, you could open up a new debt. You. could transfer this to another debt. There are things like that and that. might be what you do. But if worst came. to worst, in what world would you guys. be able to pay this with your current. lifestyle? None. None. None. And how you. guys have made it so far, I have no. idea. Also, you had fees of $2.00 this. year so far on this card. Okay. Crazy. monetary impact to you? No. But just. more demonstration of You don't know.

what's going on. Also, I forgot to say. you guys, if you want your Hammer. Financial Score, it's fun, it's free. Link in the description below. Check it. out. And then come on down here to. Austin, Texas. Are you guys having fun. so far? Getting a little yell, a little. verbal punching, but you know, we get. there, you know, we get the permission. for it and you guys get to come hang out. with Lindsey and Jake. They'll take care. of you. They're lovely people, aren't. they? They are. yeah, yeah, yeah. Well, I yeah, I guess you probably don't. really see Jake yet, but Lindsey, she's. great. And then Jake exists as well. So, yeah. Go to CalebHammer.com/apply.

Come hang out with us. Okay, and then uh two more deferred and. that's going to go for one until 2026, one until mid next year. Okay. And all sitting at about 29% interest. when they hit, including the one that is. already already hit teen. Huh? I said, yeah. Yeah. Plus cuz I was saying plus. the deferred. Cuz it like Yeah, oh, oh, yeah. Okay, American Express gold card. How do.

you guys. share these or look at these cards cuz. there are many accounts, many cards. How. are we doing them together and what does. this look like? So, like what do you. mean? Like how what is Like what do you. like a my card, a your card, an our. card? We We use them all together. all have like access. Okay. Yeah. Okay, American gold card. On here, huge balance. Yeah, that one Balances are getting. crazy. $3,107.91.

and then a minimum monthly payment of. $99. Again, stacking, stacking quick. So, that one is the one that before he. lost his job, we were using that to pay. our bills and then pay the full balance. And we were paying the full balance. every single month religiously and then. Yeah, but you should have been able to. do that for about 6 more months cuz you. would have had a 6-month emergency fund. like adults. Mhm. Yeah. So, where was. our emergency fund? We had about a. 3-month emergency fund. And? And it got. emergency'd. And then you had to start.

using this card without being able to. pay it back? no, no, no. We No. That That card was Other cards? That No, we didn't use other cards. We. had a How long were you in between no. job and job? April Well, March was like. the middle of March. Yeah, I started in May. April, May. So, 2 months. Okay, so that 6-month. emergency fund covered you and then. probably a little bit of unemployment? He got no unemployment. Okay, well, how. long were you in your previous job? I. did some side work, too, though. That. kind of helped us feed that. And then I. started my job in April.

Well, guess what, guys? Interest is. accruing on this. Did you know that? Yes, I do know that. Then why are we allowing this? Why are. we. existing in this instead of what you. could do is pay it off if we did not. have those. Because I was paying I was focusing on. my CareCredit to get that paid before. the promotional balance hit. Of. CareCredit? When does that end? That. November 22nd. Okay, in a week, less. than a week. Just about. like $300. No, no, no, I'm sorry. Forget it. That should be nothing for.

you guys. It's not an insignificant. amount of money, but for you guys, it's. nothing. 3, 6, 7, $800. Still easy for you guys. We have been paying like $900 a month. for that card. To get it to get to get to get more to. get Well, it was his back. And then. you guys waiting till the last minute? Again, you guys have the ability. like our regular payment like to the non. or the promotional purchase payment, right? Like. Yeah. But $900 a month, you guys could. have done more if you wanted to. we and then when he lost his job, then.

we paid like the minimum card payment on. it while he lost his job and then now. we're like catching up. Um. Okay. And there are and then like we. used it for the vet and for the dentist. cuz then he had a crown and then my. and then our daughter had cavities. Okay, okay, okay. All right. CareCredit's a big one. Okay, interest charged this year so far, yeah. And that's at 10%.

Yes. Low for credit cards, but not good. Uh opposite of low, what the Ford Bronco. that has U written all over it. It it. was Bronco man, okay. Well Well. I mean. Well, you're apparently obsessed with. getting an insane debt. Well, the truck. would have put us in debt, too. What? So, I got rid of a truck and a. motorcycle and got the Bronco. What were those? Cuz this isn't even. close to good compared to most people. that come on this show. Come on. This. balance is crazy. Look at this, guys. We.

are at $66,295.28. And that's considered good after a truck. and a motorcycle. What were we looking. at before? It was still No, it was still bad, but. it was just how much money we were. putting into the old truck. The truck. was a 2006. It had like 300,000 mi on. it, and we needed to put. put like 10 grand in it. You just got. this car. No, no, no. The old truck. No, you just got this car. got that. This was Okay, this was like.

our. over $1,000 a month. Over $1,000 a month. for a Ford. Bronco. Everyone has one. They're every other. car. got a Tesla, too. Yeah, and it goes. faster than yours. Yeah. People will hate me for that in the. comments section, by the way. Yeah. What? So, the. to us, this was kind of like a saving. grace. And I know that that sounds. It's $1,000 a Go ahead.

Okay. So, the motorcycle, we were. spending. over $700 a month for it to sit in the. shop and collect dust, right? rid of it. This doesn't have to. This wasn't equal I don't understand. No, no, no. from two to one. The motorcycle's. inconsequential. Black Friday starting. today. Black Friday starting today. All. the way through December 6th, you get. our entire educational class bundle for. 33%. off. You also get 20% off everything.

else, including merchandise. I've even. added four new sections into our. budgeting class, which is cementing it. as the best budgeting program online. There's a reason why we have the lowest. refund rate in the entire industry. Literally over 10,000 people have taken. our educational services and they have. changed their lives. And as an added. bonus for this Black Friday couple weeks. sale, the first 250 people to purchase. the bundle will get access to a private. live Q&A where I go over my entire. financial strategies. Change your life. today. 33% off, 20% off, depends on what.

you get. Check it out. Link's in the. description below. So, we got rid of the. 2006 truck and the and the motorcycle to. try to We used the truck to try to eat. up some of the negative equity from the. motorcycle. And we traded in to get this because the. truck was going to cost We'd already put. 10 grand into the truck at that point. too, cuz you could have got a $10,000. used car. How What what would you have done with. the negative equity? Well, well, how much was that negative. equity? We were negative almost 14.

like 13 and some change. Oh my god. Yeah. Yeah, I mean It was a. $30,000 bike. Again, what I would rather have a. $24,000 loan than a $66,000. You get of. course you would be dramatically. negative, but what's the value of this. right now? Do we know? 6 months later? don't know what the value is. I have not. even looked cuz I know that we're upside. down on it. By chance? The equity the value of this. car? I know we're upside down on it because. sticker price we paid over what the. sticker price is on it. Because of the.

Really? Yes. What was the sticker? I think the stickers on those are like. 64. I mean, there's so many different kind. of versions you can get, but. Yes. I was interested in a Bronco. I get. it. They're so nice. Yeah, I mean, they're. okay. They're It's a like they're a very. smooth ride. Over 8% interest rate. That's crazy. When does this mature? When What What. When How long is this? How long is this. loan? loan. Tough. sake. Come on. Guys. You're not even to my truck yet.

No, I'm not and I've seen it and I know. how bad it is. This whole thing is. crazy. Again, both of your car payments. combined are basically they're a. mortgage Mhm. for depreciating assets. that require money to put into it to. keep it going, keep it alive. What happens if we get laid off again, man? What happens if more medical things. happen and you can't work? What if. you're required to get that surgery? Then you can't do the things anymore, and you guys have multi-thousands of. dollars of car payments. Yep. What do we. do? What a risky position to put.

ourselves in, especially with an. 11-year-old kid relying on us. Mhm. There is no reason to put our household. in such a risky position. You did not. need a new car. So, we were told that we could only roll. that much negative equity into a new. car, that they would not do it into a. used car. maybe we could have borrowed a personal. loan to take care of the negative equity. in the other car. There's options that. we can talk about. Mhm. You're probably only talking to the. dealers. Well, I didn't think about a. personal loan to take care of the. negative. dealers about this? Yeah. Well, they're.

not going to have your best interests at. heart. didn't really think about taking. a smaller loan to pay off whatever the. negative is and figure something. Which I think we could have. Wait, you guys were considering this? Why didn't we do that instead of instead. of we didn't. actually think about it when we did. that. But, I don't think that it would. have been possible because of my our. other personal loans. Because I have the. What's your credit score? I mean, you. qualified debt-to-income ratio for a. $66,000 car loan, so. He's like a seven.

720. something. I think we could I I'm sure we could. have gotten And it may have been a short. loan, but $12,000 we could have worked. to pay off really quick instead of all. of a sudden having a $1,000 a month. payment on over 8% interest $66,295. depreciating asset. Mhm. Oh, for [ __ ] sake. Okay. I just don't understand. This is such a. beyond want. I'm not saying you should have kept that. car. I'm not saying you should have kept. putting money in that truck. Actually, I. would have said no. That does not equal this. That does not.

equal required to do this. We also felt very rushed in what. Why? decision. Because he had lost his job. and then Wait, was this while the job. was lost? This was No, this was right. after he went back to work. So, at his old job he had a work truck. So, that's why the old truck just sat. there. He didn't need it. And so, then. whenever he lost his job, lost the work. truck, then started the new job, he was. having to drive the old truck to and.

from work. And it was just it was not. reliable anymore. And so, we were like. Let's play a game. Let's Let's play a game. The game is. called guess the value of this car. What. would you guess? You're pretty close. 46,000. That's crazy. We're already under 20. We [ __ ] ourselves with this. Yeah. We. really [ __ ].

ourselves. into this that Wait, reminder no. savings. Yeah. We're allowing ourselves. to have this kind of debt when we don't. have any savings? For good. What a scary situation to put our. household in for no reason. It was. honestly a. Let's be honest, incredibly immature. person purchase. That was a child's. purchase. You wanted it. and that's what you got. You got what you wanted. Well, then you do it. This is American as it gets. What I. already said poss- possibly. You know, that personal loan that covered the.

negative that you're in that other one. Then a $10,000 loan on a $10,000 car. that you got permission to take to a. dealership to get the confirmation that. this is going to last for a couple to a. few years safely, reliably without you. putting a lot of money into it. Well, I wouldn't have taken it to a. dealership. I would have just said, "Hey, babe. It's okay to get a second opinion. though, isn't it? Yeah, sometimes. I mean, I don't know. you're saying. Listen, if you're confident enough, that's great, but. Oh, yeah. look where it got us. Yeah. Okay, well, let's keep going.

Synchrony, great. That's always great. Oh, this is CareCredit? Mhm. You did make a decent payment to it. But but the balance is higher than you. The balance is 7,242. Mhm. Wait, why did I think it was lower? Okay, that's huge. Yeah. That's. ridiculous. Okay, so. now it's like. six. I'm going to go off the balance here, so. cuz that's where we have your full. situation.

$7,242. with a this minimum payment. Come on, I. have this as your last one. $236, $236. Guys, what are we doing? Deferred interest until. Oh, you were telling me about the. balance that goes to in a month, 2. months, that's at 300. Okay. Okay. They have fees like crazy. Fees this year losing a lot of money.

Some of the chunky ones are ending in. 2025, and we have one 2026. It's aggressive. We got to get. aggressive. Got to get aggressive. It's deferred interest. You guys have. gotten lucky so far, but with your. spending habits, how much money is. flowing in places? We got to Yeah. You have to get lucky. Oh, this Disney card is accruing a lot of. interest. Yes. So, what is up with this? Why do we. have 2,410 to Disney?

It's just a Chase card. It's like a. generic Sure, what's going on? Groceries, gas, like Why is it going on. debt? It's accruing interest. Why? Why are we paying interest on. groceries, guys? $41.68 of interest. Any answer? really sure if I. I didn't know if we were even using that. card, but. uh. I don't know the last time I used it.

Yeah, cuz I don't I don't have any. credit cards. Well, like I don't carry. any. I don't really use any. So, this is all. you. Well, I guess it's however she's moving. something, but I. Yeah, I don't But, you're the one that's. in charge of the finances. And So, what. is going on here? Wait. Anything related to the house and. anything related to. was in charge of the finances, would. this be more mature-looking? Yeah, I'm not I mean I I Well, I don't. know. I mean, it probably could be. Cuz he's done taquitos on credit cards.

before. Like. That's a long time ago. Okay. I don't know. You guys are not credit. card people. I just wouldn't have credit. cards. You're not utilizing correct. If we have a properly funded emergency. fund, wouldn't needed that CareCredit. We wouldn't need to have this debt. We. wouldn't be freaking out where we are. today. We wouldn't be spending 22%. higher than our income today. You guys. are not credit card people. They I.

They're dangerous for you. They're not a. tool. They're making money off of you. I would. not have these if I were you guys. Oh, guys, guess what? You own $75 of. rewards. You've lost $430 in interest. I don't even look at the rewards, honestly. Then what's the point? Why. have a credit card? No, why have a. credit card? For emergency purposes. That's not emergencies. Emergency fund. Emergency fund. Guys, 6 months of living. expenses, whatever's required to.

survive. 6 months stacked up, put in a. savings account you cannot touch. Doesn't go to fun. Come on, we don't do. credit card emergencies. You guys are. too far into life for that. You are well. into adulthood. You have a child. You. guys own property. You guys are doing. all these things, have great jobs. We. are not in the place of using credit. cards for emergencies. That is not your. guys' future. Mhm. Come on. Do we even. know about emergency funds? I mean Yeah. I thought it was supposed.

to be a 3-month emergency fund. I didn't. realize That was the old That was the. original, but we see that 3 months. doesn't always get us places. So, that's. why I say six. I don't even accept that. three anymore. But, okay, you heard. that. You've heard of three. No, why are. we doing credit cards for emergencies. then? You guys make money, good money. Yeah, they're just being stupid, not. really paying attention to what what. we're doing. That's my sister's. But, why do I have it? Because it's in. my name. So, are they.

Six. Cabinets that are in her house and. she makes the payment to that. Into. Wait, into whose house? I Did I miss. hear that? In her tiny house, the tiny house that. we put in the front of the Does she live. there? No. Yes? She going to live there forever? I'm assuming. I I don't know. Yeah, we haven't talked. Whatever Whatever she chooses. Okay. Is. it like right next to you guys? No, it's. like in the front of the property. How many acres? 10. Okay. It's just dust? Down in San Antonio? Basically.

Yeah. We got some mesquite trees. We got one. oak tree. We and she lives right next to. the one oak tree on the property. Good for her. She chopped it down to build her. cabinets. Uh okay, so IKEA. Yeah. That's all I'm. going to say. Yeah. We're at Oh, she Was. it just No. Okay, so $1,668.22. The $48 minimum monthly payment. And she is paying that on the side? Is.

she paying you guys? She puts money into. the account that it auto drafts from. what if. Yeah. Uh-huh. Brand new deck, congratulations. Oh, it's deferred. Until when? The IKEA is not deferred. That must be. something else cuz that is not IKEA. It's another account? That's not IKEA. Is this Is this IKEA's It's got. interest. Oh, and Oh, oh, it's accruing interest. Yes. Sorry, that's that's what I was. seeing. Great. And then that's okay. We're okay with that. I mean We're okay.

with that being accruing. What does she do? What What What is What. type of life is she trying to live? I. guess it doesn't matter. I don't know. She's a single mom. She's a vet tech. Um Okay. And does not have any help from. dad. Dad was like. Okay. nothing to do. with the baby, so You guys built the. house? Well, it was like a. Yeah. It was a. It's a storage building. And then we did You insulated, you AC,

heated, you plumbed. Mhm. That's expensive, and you guys paid for. this. And we did the work ourselves. How. much was this? Um the. loan was like 20 or something. No, it's. 20. Please, is that in this document. pile? Yes. [ __ ]. When was this done? Oh, sh. This is to go? Come on. When did you guys buy this land? 2021. November 2021.

And this is the house that we're going. to die in. What's the deal with. predicting the future of business? Inflation's up, then it's down. Rates. are cut, then they're raised. It's like. trying to follow the plot of a bad soap. opera. If someone could just invent a. business crystal ball already, that'd be. wonderful. Until that happens, today's. sponsor NetSuite by Oracle is the next. best thing. Over 40,000 businesses have. future-proofed their operations with the. number one cloud ERP. NetSuite combines. accounting, financial management, inventory, and HR all into one seamless.

platform. Here's the thing, running a. business is stressful enough without. wasting time on a patchwork of tools. With NetSuite's unified system, you get. real-time insights and forecasting at. your fingertips. To put things simply, you can stop guessing and start making. smarter, faster decisions. And when you. can close the books in days instead of. weeks, that's less time stuck in the. past and more time crushing your next. big goal. Whether you're bringing in. millions or hundreds of millions of. dollars, NetSuite helps you tackle. challenges and grab opportunity before. your competitors can blink. When looking.

at an ERP to step up my business. management, I know NetSuite would be the. choice for me. Want to stay ahead of the. game? Download the free CFO's guide to. AI and machine learning at. netsuite.com/hammer. It's packed with insights to help your. business stay ahead. Again, that's. netsuite.com/hammer. Thanks to NetSuite for sponsoring. today's episode. Now, let's get back. into it. Okay. Like, this is it. Like, we're never moving again. This is like. Well, I mean, we like fine. I love where. we're at. We have a killer interest.

rate. Okay, well, that's fine. That's Okay, sure. What is Love Sac? Where you make love on a sac. No, it's it's a couch. This is a couch? A. $3,159. interest rate on a couch? What's the. square footage of the three bed? It's. 2,000 just over 2,100. Okay. So. a $3,000 couch for it? Well, I think that part was more of a.

the versatility plus the lifetime kind. of stuff you get on it. And again, there's the incest of money. in that one, too. What? Um so, our version our part of the couch. is. just about paid off. Um my. Our part? sister. sister? Is it in her place? The This is. my other sister, and yes. What is happening? Where is she? She lives in Houston. And she put her couch on the card and.

his mom also put. You guys got to stop. You guys got to. stop. Listen. She can take out a credit card if she. wants to. Stop putting the risk in your. corner. You have a kid. Mhm. I have no problem with helping even if. you want to gift that amount of money, but stop having someone else's debt on. you. This is the third time now. Yeah. And we're only six documents in so half. so far. Yeah. I think the only other thing. that's left is the loan. It's.

What? There's something else? Mixing of. So, there's the IKEA card. There's the. the Smart Financial. The Love Sac is. split between I want all of them. and my. I want all of them to connect with our. financial advisors. The one we use, Domain Money. Everyone gets a free. session. Everyone in the audience gets a. free session with the financial. advisors. I want you to connect them. with them and have them sit down with. them cuz they have to be able to manage.

their own finances. It's going to be on. your name. Okay. This is horrible. This is wild. Okay. When does the interest-free period end? 2027 for one, 2026 for one. My gosh. Minimum monthly payment $109. Again, what happens if we don't know? Having that conversation about. everything now cuz everything's all tied. up in Menards. Lowe's. This is for. building the house? That's for our. washer. Oh, good cuz we finance every.

purchase in our life. Every purchase. Is. there a purchase that is not financed in. your life? This is crazy, guys. What are. we doing? Fees, fees like crazy. We're. getting fees on a monthly basis. What. are we doing? $793.74. with a $53 minimum monthly payment. 96 cents. Why? Why does everything have to be. financed? What is our philosophy here? I don't know. I guess I've never really. thought about it. And then when the time. comes when we need it, we don't have any.

money. Cuz everything's financed. Making. your minimum payments a billion dollars. a month meaning you have no money. yeah. You're deferring your entire life. Yeah. And guess what? There wasn't that much. in retirement, was there? No. remember seeing anything significant. So. you're not even you're deferring your. retirement as well. How are you guys. going to be able to retire? You're going. to have a paid off house if you do this. correctly and don't stop. Sure, okay, but there's still property taxes, there. are utilities, there are insurance, there is food, there is whatever's going. on with any other part of your family. cuz we know you guys are deeply mingled. there. And then there's the kid as well.

So what are you guys going to do when. there's no retirement but everything's. financed in the world? Not going to be. able to pay for anything. There's going. to be nothing. You'll have your. disability but that's pretty much it. Yeah. And we can't that's not let's not. call that retirement. No. What's accruing interest? Literally. No, no, no. What What was What was the. fee? is probably a late fee or something. Late fee, guys. How are we having late. fees? Do you even know there's late. fees? You guys aren't paying bills on. time. Mhm.

I mean ours. I think it hasn't been that many we've. had lately. Many that have. Where are you guys? Like that you don't. care about that. You don't care. I know some of it we put on. um. It seems like. like auto draft and then canceled a card. and then didn't think about. who what we had on our card and so Okay, what about this one though? This isn't. canceled. I don't We seem so unbothered that we. were late. I just assumed that it's a late fee.

um. and if it cuz I can't remember when. these statements were either. So. Payment security. I. You've had $312 of fees this year so. far. That's essentially their version of. interest on this card. Yeah. very sure they're going to get you with. monthly fees and every single one. where the monthly fees are? sure this is what's baked in. Yeah. Oh. I didn't know that. Yeah, I know you. guys so I would pay off this card. immediately. You're getting destroyed.

That's the. am I looking at here? Okay, so that's one of the smart. financials. So that's a loan. Um Four? I'm trying. what one of? How for sake? So one is a. our water well. Um. and that. balance should be that one. That's it. That's the water well. Okay, we got a. water well at 9%. Mhm. You guys cash flow nothing in your. lives. Minimum payment of $375. This is. getting crazy in terms of the math.

22,000. water well. over 40 grand just to get city water. not saying don't do this. I'm just. saying you guys finance everything. You. guys make. And I don't think it's I I really don't. think you guys understand how well you. guys do. You guys do insanely well. Like you're living like you are not. doing well. Well, no, you guys are. spending like you guys live incredibly. well, but you guys have made yourself in. a position where you do not live well.

even though you don't live well. Yeah. Well, yeah, so that's what I was saying. Yeah. Okay. So what what was our plan with. this? Just allow the 9% interest to ride. out for eternity? I mean, at least till. we can pay. I don't know. We don't have. not really had any breathing room. So. we're just doing what we can. Fun fact, that 9% interest that 8.9% interest by. the way, the investing app that I use. Moomoo, the partner of this channel, one. of my. favorite things, literally you put money. in their account and for the first 3. months you get that amount of interest. on your money. That's like a thing you.

get to take advantage of. But it's as. you guys are just making money for. banks. You guys are banks' best. customer. You're giving them everything. I own some stocks in banks. I'm sure. throughout my S&P 500 distributions. You guys are making me a lot of money. Thank you. Thank you for [ __ ] up. That's the construction loan. Oh, this. is the construction. So, this is the. tiny house. When we're saying tiny. house, what are we talking? Like it's a 16 by 40. exact square footage.

like 600 square feet? And it's her and a kid? Mhm. It We did. any separations? Full open? No, it's got two bedrooms, bathroom, and. kitchen. Yeah. Woah, I can't even picture that. you pictures later. I'm actually really. proud because we did it like I'm proud. of how it turned out because we did it. all ourselves. Well, I wish you could have done it. yourself with your. money. Right. Oh, it's worse. It's an 11% interest. You know, so if this if we're. considering this building a home, you. just took out a 11% mortgage. Yeah.

So, her. What's the payment usually? Oh, four something. Four something. I'm. going to put 450. I'm just going to ask. we don't pay that. We don't pay for. that. She pays for this. Yes. Can you start marking these? Okay. Okay, well, she pays for it or. pays you guys? Um it goes into the bank. where it drafts from. So, it comes out. of my bank account. have a lot of trust in everyone. And I. appreciate it. They're family. But you.

have It almost sounds like nothing. wrong has ever happened to relationships. with you guys. Ever. Okay, and with that reaction then, I don't know how you're putting this. amount of trust in people then. I feel like that's our. kind of are. You've allowed so much to go so wrong. and destroy you guys. Yeah. And I think that that's kind of. like. our where. our downfall is is that we just want to. give everybody the benefit of the doubt. and we want to like help as many people. as we can.

And no and that I guess that is kind of. where like the. That is the downfall to get we are. But I I think that's where the. connection is of. us. I guess knowing that we're in a better. like we make better money than most. people because we're able to do things. like this for other people, but it's. putting us in a bad situation if. something happens to them. This is very scary, guys. This is very.

scary. Tractor Supply, you guys have. everything. You guys have everything. Oh. Tractor Supply, sure, why not? What. we do? Our fence. Great. $487. You got dogs or. something? Are you just trying to keep. You guys have a horse. Yeah. You ever do. anything with that? Yeah. He's a pleasure horse. He Like I don't. like He's. I don't like. like perform or anything. Like I don't.

like. Easy. Just toss them over. Let's start. Let's start. Well, but we're close to. Mexico. We're not in Mexico. Oh my god. That's what they call them. You call it. a pleasure horse. Like it's not You're. not like running barrels on him. You know? that phrase? Stop saying these phrases. Stop. You're making Lindsey die. You're killing her. Okay, your minimum due payment is $29 on.

this. Glad you guys are at least pleasant. people. Makes it easier to go through. this for what it's worth. But. this is. I just don't You have a horse. How much. was the horse? Uh we paid 5,000 for him. How much is a horse upkeep? Oh, come on. So we got to put that in the budget. We. got to put that in the budget. A horse. Part of me thinks it would be fun to. like own land. Like. It is a ton of work.

I'm sure, but a part of well, like I. A ton of work. Right. But let's be honest. I mean Okay. If I ever If I ever own You want to come. for the weekend and just test it out? You are more than welcome. We will feed. you. here is if I ever own land, the hard. work would not be done by me. But like I like being I love cows and. love horses, but like I also feel like. I'd be over in a weekend. Oh, yeah. That's my issue.

I mean, we have a fence that we've got. to finish in the front. So, I mean, if. you want to come for the weekend, you're. Oh, they want me to clarify that I'd be. paying people to do the work, obviously. I don't know what they were thinking. I don't think that's how anyone else or. I hope not. I don't know. The. The The comment section always take. everything bad anyway, but whatever. Oh yeah, oh yeah, all right. Okay, this. is this is going on. Okay, now you're in. total denial. Oh, this is you. This is you. This is. no, this is your car. It has to be. That's my truck.

Why do you need a truck? I have a horse. What do you do with a horse? You have to take him to the vet. You. have to take him to go get his feet. done. You got to take him to go get his. dental. They don't do that there? I mean, you. can have somebody come out to the house, but it's. clear, you have a $70,000 loan so that. you can take the. horse to the vet. Mhm. And I mean, other. things that you need a truck for. I mean, we've used it for prior course. We don't have those trailers now, except. for the horse trailer. the horse trailer. Um Guys, there's no. reason to have this kind of that for.

you. Uh. Even still, get like you've got You You. You've You were trying to find any. excuse to have this truck. You could. have had a cheaper truck sitting on. standby for that specific thing, and. then you could have had just a sedan all. for yourself, and it would have been. fine. Or a mid-size SUV, and you would. have been okay. You not need a $70,000. truck to carry a horse a couple times a. year. Right? How often times are you. taking the horse places? Like every 3 to. 6 weeks. Uh-huh, okay. Probably could have had a. bull little truck.

Not little, but a bull little truck. A. bull truck. A bull truck. I mean You didn't need a $70,000. Mhm. loan. I mean. Or get rid of the horse cuz obviously. you can't afford it. [ __ ] sake. I'm. trying not to say that, but I have tried. to sell him. The So. The horse. Yeah. That sounds. He's a pet, right? Uh yes. It's like a.

different. level of a. It's It's It's not the same. It's not. like a dog. Like. I would if I had a cow, I would. I love. cows. Or if you get like a little mini. Highland or something. Well, or No, no. I just like cows. Do you know how gross. cows are? Yeah, but I like them. Do you know how. gross dogs and cats are? They are gross. Exactly. That's what I'm saying. Um but no. Like you don't look at a. horse and. Why'd you try to sell it? Cuz it's getting too damn expensive. And.

I And I wanted to. Why has no one bought it? Uh cuz he has a Then sell. Get rid of. it. Yeah, he's got like a. something going on with his leg. it. So why not just get go free? As long as someone does transportation. I'll do a little bit of money cuz you. make sure they put you cuz you got I'm. going to treat it like a normal pet. Make sure they do have an adoption fee. so that you know they have money to take. care of it. Right. That's pretty much. it. So they have a little bit of you.

know, you know they're not just going to. around. Yeah. But even still, this is crazy, guys. Obviously you can't afford this, so you. need to get rid of this truck or. something. I don't even know. What's the. Do we know the value of this truck? You would know that one better than me. No box Let's pull the value, Jake. It'll. be probably in the 40s. If you want to earn a $3,000 bonus, you. need to keep listening. Silo is running. an exclusive launch promotion just for. you guys. Silo's like Robinhood, but for. bonds. And they're doing the best.

sign-up bonus I've ever heard of. If you. deposit right now using my link, they'll. boost your deposit by 3% up to a $3,000. bonus. And US government bonds are. already bringing in 4 to 4.5%. Bonds are. especially interesting right now because. the Fed has been cutting rates left and. right with more cuts expected all. throughout 2025. Potentially even. dropping all the way back down to zero. Even I got a notice from my bank about. cuts. So, if you see your savings rate. already shrinking, it's time to take. action. With bonds, you can lock in.

today's rate of 4 to 4.5% with the US. government for 1, 2, or even 10 years. And the best part, once you buy, your. rate is locked in, even if the Fed cuts. rates to zero. For those like me who. prefer a bit of peace of mind, US. government bonds are risk-free because. of their ability to print money and pay. you back. Also, all assets on Silo are. stored with Interactive Brokers and. protected by $500,000 in SIPC insurance. and up to $2.5 million in FDIC. insurance. This limited-time launch.

offer is only available for the first. $10 million in deposits, and a big chunk. of that is already filled. So, if you. want to get a $3,000 bonus, don't wait. Take advantage of this opportunity to. lock in over 7% rate only with Silo at. the link in the description below. Now, let's jump back into the episode. Oh, okay. It went down from It started at. 70. Now, it's at. You have had the truck for a while. 53,000. How long have you had it? Uh 2 and 1/2 years.

$53,916.54. What's the minimum? It has to be a crazy. minimum. Say, 2 2 2 we It's like $1,063. Yeah. It's a thousand 58. But we have two over. $1,000 car payments. That's crazy. I. don't understand the life you guys are. living. Oh, it's worth 29,000. Congratulations. Nice. That's horrifically disgusting.

That's private value. It's not even. trading. That's disgusting. Do you not realize. how disgusting that is? That's pretty. bad. It's a truck. I mean, trucks will give. the most cuz everyone will go get a. hundred thousand dollar truck that'll be. worth 20 the next day. If there's a vehicle people are willing. to overspend on, it's trucks. Exactly. For a work at home a job. Ulta. The only living thing that sees. you on a daily basis is a oak tree.

Why are we spending $360 on an Ulta card. that we can't afford probably? Um. I use it and usually I pay it off like. the same month or. like right after the statement comes. So, this is normally paid off? Yes, and actually that is paid off. card. One card that is actually used. uh relatively responsibly. Not true. though cuz you spent $360 that should. have gone towards that. Yeah. So, I buy all of I buy like all of.

my. stuff all at one time. Like. probably every. every eight to nine months I use that. card. And I put all of my stuff in one time. and then I have rosacea really bad. So, I have to be like very careful like I. can't just go to the grocery store and. like. Yeah. I can't just go to the grocery. store and like Okay. I'm getting it. But. if it was a monthly fee, that would No, no. was a monthly charge, that's where I. would be freaking out. Okay. Valero. Valero card. I haven't had this on the.

show. You've never had a gas card? Gas card. and a Valero card. Oh. $740. is owed on this. Is this normally paid. off? No. No. No. Oh, $18.56 of interest. Good. Good. Yeah, let's pay interest on. our gas. Come on, guys. Like, I don't even know. what to say anymore. Like, you've just accepted this very. clearly. Like, you've just This is just. life. You know, it's just like life. It's not that you guys don't care, but. it's like almost no concern anymore cuz.

you've just accepted it. It's been like. it for like this for so long that it's. just like our norm. Why do this? Cuz we got our like got ourselves into. the hole and then can't get out of it, I. guess. The hole? Got ourselves into the hole. That's our mortgage. Mortgage. You're right, the rate is great at 2.5. I mean, that's that's wonderful. What I don't like. is. it's still like a half a million almost.

Which, okay, whatever, whatever. I mean, it's the $2,687. payment on top of your $2,000 car. payments on top of whatever else is. about to be added up, guys. Geo, $443,773.57. Okay. The minimum monthly payment of, again, $2,687.38. But, we love the interest rate.

Oh, I actually put We'll take a look at. that in a second. That was a 401k. Oh, is that all the debt? Have we. reached debt? That's it. Well done. Why. is there so so much paper? Okay. Those are all the bank statements. Goody. Why do we have so many different. banks? Um so, we have a like a checking. account that we use for our bills, where. just bill money stays in there, and then. we have a spending account. And then we. have an account that was with his or. still is with his mom where like our. mortgage and stuff went into it and our.

insurance because his mom lived with us. for 7 years. You guys are complicating everything. So, his mom lived with us for 7 years, so the mortgage was already and just. coming out of that account, so rather. than being I was just being lazy and I. just didn't move it over to the new. lazy in this this story. Lots of. laziness is left in this. So, one of the accounts is just it's a. family checking that has his mom on it, has the mortgage and the car insurance. coming out of it. One had tools. like work stuff. And then now I just use it for my.

day-to-day stuff. A note was written by Lindsey that you. new tools are your fetish. Like that is. the literal note. That's not it's not a. fetish, but. According to Lindsey. Buy as buy as I go. it wasn't necessary. Some of it's not, I. guess. Necessary for? Work. Oh, yeah. I guess me. Like? Oh, I mean like certain socket sets or. or the wrenches that I'm using, the. scanner that I bought.

Um which that one was quite a bit, too. But How much hammer pegging is going on? How much what? I mean. It's called turning wrenches. They don't know what that means. I'm going to allow that to slide, then. What does that mean? Am I missing it? Yeah. Oh, okay. That's okay. Okay. How much you spend on tools, do you. know? For the fun. It's not fun, but. Oh, come on. For your own personal ones, not required for work.

I don't have any as personal use. This. is all like work stuff that I use. How many new tools do you need. constantly? I mean things change all the. time. Okay, so how much are you spending. on tools? Things change. Well, man, I think Why is. it your work covering this? Oh, you're. wait. What? Wait, what's your what's. your job? Mechanic. I'm talking about. What? The truck shows up the special. little truck. Mhm. And they offer you. like 50% interest. It's I think it's a. 18.9. It's crazy. Yeah. Um.

How much do you owe? Wait, do you owe? Yeah. Wait, so that is. a debt. How much you owe? Uh, I'm pretty sure it's like 22,000 on. the one. In debt? In tool debt? Yeah. That's all. For [ __ ] sake. That was all everything that's recent. Are you serious? Yeah. You didn't know this? That's an insane. debt. I. thought it was like Well, the other. one's almost paid off. It's like 2,300. on a different truck.

There's more? Yeah. When I asked if. that's all the debt, why did you not. tell me? really thinking about it. We I need you to think about it. Yeah, I don't know. I I sometimes I. think about it different just cuz. I mean, that's stuff that I. you know, I use every day at work. I'm. using it. Oh, for [ __ ] sake. Your minimum. monthly payment is $670 a month. Yeah. Thoughts, comments, concerns? Yeah, I. didn't know about that.

But see, it also seems. Wait, is that why like we got like all. the Snap-on stuff? Mhm. She is so nonchalant about it though. It's like it again, this doesn't even. matter. It's just another What. like what What am I going to say to him. about buying stuff whenever I'm. Well, yeah, and then I'm not I'm not I. don't It's not like I uh want you to. like go crazy or anything, but it's just. your reaction. It's just It almost it. seems like because we've stacked so. much, it's just another little pebble in. the bucket. It doesn't even matter.

Like why not throw it all in? Let's just. get more debt. Feels like that's just where we are. Or. debt just no longer has any impact on. you cuz you guys are just live debt debt. debt debt. I need to take debt away from. you guys because it means nothing. You. don't understand the repercussions. behind it or the fees and interest that. you're paying. Yeah. So, it's all at 18% and your minimum. monthly payment is 670. Great. Are there any other debts he's not. telling me about?

Have we made it? Yeah, I don't know. I. don't think there's anything else. Okay. Got lucky. They didn't even like feed me. that information, I don't think. I uh. I looked down at just Lindsay's funny. note. All the way down. That's. crazy. Yeah, I. I mean like I knew that there was a. bill of I mean obviously I knew there. was a bill that was coming out every. month cuz I look at the bank. I'm the.

one that looks at the bank, but I didn't. realize it was like that. Man. Yeah, you guys have overdrafted this. year, by the way. Mhm. Overdrafting while making that over. $150,000 a year? That's insane. That is insane. When was that? Oh, huh? When was it? know when it was. Some point this year. It doesn't say. shows. Okay. But I do know that this. past month we were getting a McDonald's. and Prime Video and Prime Video. So.

we're renting things. Afterpay Afterpay, so there is more. Yeah, those are our. clothes. You guys make money. Everything does not. have to be a minimum payment. I'm. surprised you're not financing the. McDonald's and movie rental. TikTok, $60. on TikTok? Yeah, I don't know what the. [ __ ] that is, but. It's like leggings or something. Mhm. What are we Why are we buying on TikTok. shop? It's all just like. extra stuff.

that we don't need. Don't go into the. TikTok shop part. Don't swipe left. I. don't trust TikTok. I think it's all. Chinese. You know what? How did I know you were. going to say that? It's like. I mean. I knew. Where do you think the stuff from Amazon. comes from, too? Well, that's why I pick certain things. Well, I don't order a lot off of Amazon, either. Where do you think your hat came from? You know what I'm saying. I don't know. I'm not curious, though. Probably made in China. Came from a gas. station.

He's very bald. I'm not bald. I shaved. it bald. Okay, Starbucks. News. What? No, no, no. News. "Whoa!". Sorry. I was like, "You doing. something?" So, I don't know nothing. about that. News Express. Something. New That's probably a gas station. That's a gas station. You stop inside. and got something that's $5. Yeah, I. know you weren't getting $5 of gas. Mhm. What are you stopping in and getting? What's a News Express? It's one of the. gas stations, I'm sure. Someone's.

stopping in and getting something for. $5.29, guys. Oh, no. That was the airport. That was the airport. Okay. Yeah. Um I whenever I moved his mom Lift. ride? I know for a fact you guys live in. the middle of nowhere. account you're looking at and this. account is me um going to move his mom. And all of that was reimbursed to us. Everything. McDonald's, Starbucks, Starbucks, Starbucks, DoorDash, uh. liquor store. Yep. Why are we getting. liquor store for a move? DoorDash? All.

this DoorDash? Cuz I need beer after I done moved. everything across state lines. And. you're reimbursed. But yes, I was She reimbursed me for all. that. What? 50 movie rentals, TikTok. Shop, and other TikTok Shop, $96,000? no. This is the same account. Yeah. Okay? She's getting more TikTok Shop. That communist stuff. Yeah. This is so [ __ ]. Amazon, Chili's, Pack and Stack, and. Amazon Amazon.

Amazon. Okay. Then another checking account. Subscription, Country Corner. That's gas. station. Yeah. Country Corner spelled with a K because. I bet there's a lot of triple K's out. there. David. Reasonover. That's the tool guy. The tool guy? Oh, it is Matco. Yeah, that's the one that's almost Well, I say almost, but that's like the 2200, I think, or 23. Selling out 20 bucks, and there's more Matco.

Wild. There's still so much paper. Selling out 250, PayPal and out 10. Selling out 82. Where's this all going? Selling out another 250. The 250 is. whenever he lost his job, my mom gave us. a $4500 loan. Oh, god. to pay some. Emergency fund. Not having an emergency. fund is an emergency. Sake.

Um so, the I pay my mom $500 a month, and she'll be paid off in March. March. PayPal, Apple bill. Well, how much is left? Again, that is a. debt. You didn't tell me. How much is. left? Um To mom? That's math. Come on, math. Quick math. Yeah, I don't I don't know. Okay, so. Zoom zoom math. $4500, she pays it off I. pay it off in March.

Pay $500 a month. Mhm. So. Oh, there's an extra checking account. that I don't even have. His allowance, you give him an allowance. checking account? So, we. Yes. Well, I have it, but I pulled it. out just so, you know, I can keep track. of whatever. Oh, you guys sit down. Listen, if. everything was in one account, you guys. might just have to put everything in one. account on the credit card spending, and. then track it all at the end of the damn. month. His account he uses for like his.

debt, and he smokes cigarettes, and. thanks. cancer. Are you doing every tobacco. variant? And the and buys his beer, and. Um That's on his account. Some some of it. I can't put that in the budget, man. Mhm. I can't put like. you dying an early death before your kid. even graduates college or whatever they. do. I can't put that in the budget. How much. are we spending on a monthly basis on.

all these? Well, that's the what I'm. spending is not just that. It's also the. food that I use while I'm working. much are we spending on all that? a month. tobacco different just tobacco products. or nicotine products. Well, a can of dip now is $9. One can. How long does it take to go through a. can? I. Like a day. or two. Just depends. I didn't know how much it was until like. I'd probably say like.

200. $200 a month? Yeah. On second thought. Okay. Cuz I I don't know what to do with it. $65 in this account. I don't know. Let's. just transfer in a couple things. Okay. Oh, for [ __ ] sake. Oh my gosh, more. $12 in this account. Price Chevrolet. Outlaw Bar and Grill. Oh, there's still. so much spending. Got winning in the gas. station. Got some bull Amazon. Ah, Travel Center, Travel Center. That's.

gas station. Yeah. Tractor Supply. Good, the credit card's. not enough. That's dog food. Oh, lots of water. delivery? Yes. So, our. well water is not good to drink. It's not drinking water. Like you cannot drink it. It tastes like. ocean water. Salty? Yes. It's su- It's. like super mineraly. Um and whenever we first moved out. there, we had multiple companies come.

out and test the water and they're like, "There's nothing like a water softener. is not going to do anything. Reverse. osmosis won't do anything." So. Yeah, so. pretty much Robin, we're stuck paying a. well. that you can't I mean can't really do a. whole lot with. Like you can't drink it and then watch. try to get city water. Eventually one. day. But that'll be like 20. have to do that? So we wouldn't have to. do what we're doing. But you were like but when we talked. about that well that you said. so we didn't have to do city water. Well.

city water was going to be more. expensive but how you saying you have. to? but we weren't known the well. know the water. was so crappy. Backyard, $118. Oh god, what. What is that? I'm trying to think. What's backyard $118? that restaurant. Oh, there's still so. much more! Amazon, McDonald's, Amazon. RMD, Amazon, Amazon, Nails by Britney. Again, the only thing that sees you.

alive is the free. Price Chevrolet, Amazon. Huh? EM. Wear gloves. Subway, ATM withdrawal $400. Where'd. that go? What is it? ATM withdrawal $400. Um we had some. damage to one of the windows on the. house so we paid a guy to come fix it. and then the AC was leaking. Um Is this house going to survive? My goodness. Amazon, ancestry.com so. you'll install your personal data.

Amazon, more ancestry.com great. Amazon, Nails by Britney, she came in twice. She's doing those nails endlessly. She's. obsessed with them. Britney's always needing to be in there. and grinding our nails. More Price. Chevrolet, what is this thing? It's like. $9 Price Chevrolet charges constantly. Guys, we don't live in a place with snow. and I know it's a little dusty but it's. not that dusty. Okay, come on. I've been down to San. Antonio a billion times. three times. Like it wasn't that dusty. It wasn't.

that different than Austin. No, it's. very dusty where we're at. Okay. Yeah. And they're very rural. Yes. $1,700 in Oh, this is the bad part. You. know what? We went through a lot of debt. and it's all [ __ ] bad. And you guys. are mingling a lot with the family and. it's all [ __ ] bad. This is the. scariest part. So, that's from my brand new job. both retirement accounts were at 4,000. Rounded up. 4,000 to our name in retirement.

Yeah. How are you guys going to survive? How are you going to do anything? You. guys with the paid off house and. everything and if you guys live minimal, off the grid, whatever, you guys. probably need at least a million bucks. to survive. Yeah. Without draining your portfolio. You could go less, but you'll drain it. by the time you. before you croak. Well, you know, at the time you croak. essentially. Yeah, I don't really have an idea of. what we're going to do. I'm going to put reliability from the. family. So, we have the that smart two.

is taken care of by. Mhm. you know, sister. What else was. taken care of? The Best. Love Sac. The Best Buy was taken care. of, right? And the Best Yeah, part of. the Best Buy. how much of the Love Sac? Of the. minimum? Um 48's minimum. She pays So, okay. But the numbers that you wrote. down though, those are like the. statement minimum balances and that's. not what we pay. We pay over Like we pay. the promotional to pay it off.

I don't care. I'm doing your budgets. So, the. And that's not even 100% true on. everything. So, that's not true, but all. right. $138 a month. care. I want to know the. your minimum. My minimum is $138. On. Love Sac? Yes. The minimum on the card is 109. That. can't be true. Because if we pay 109, then it's not. paying off. is your minimum monthly payment. required? I pay $138. No, your minimum monthly. payment required! I think that is what's required for it. to pay off in time. How Are you not.

understanding this? Your minimum. required on a monthly basis so you don't. get a late fee or missed payment. Oh, I don't know. What do you think a. minimum. I don't know because I don't cuz if I. paid that off. that one off because it's mostly taken. care of by them. Yeah. That's not good that we don't know. that, guys. That's actually kind of. crazy. I don't even think I've ever encountered. that, of not knowing what a minimum. monthly payment is. Well, cuz I pay way over the minimum. That's not the question, though.

Yeah. Okay, your income is 13,133. Oh, you add up all these debt payments. It'll take me a second here. You guys been to trade school? He did. I did, yeah. Very cool. What Did. you do anything? No. That's okay. Not much I can do to help you guys. Maybe we'll give someone in audience a. Course Careers certification. Uh. Yeah, if you guys want to comment about.

Course Careers Black Friday sale right. now, a lot of things are 50% off. Do. like a comment like. Black Friday Course Careers sales or. something and I'll gift one of you a. Course Careers certification since they. don't need it. Or you can give it to your sister. We. can do both. How do you not have a bottle of water so. that you don't. It's right next to me. Parched. It's. right next to me, but I feel pretty. okay. I usually chug right before coming. in. Cuz your mouth gets so dry talking so. much. Yeah.

Okay. Oh my gosh. Minimum monthly payments, $3,838. not including your mortgage of 92 cents. Your minimum monthly debt payments, that's [ __ ] insanity. That's crazy. That's crazy. And then your mortgage. 27 Yeah, 28 20 No. it's 26. 2687. Utilities? Um electric bills usually about four.

I'd say $400 is what I usually Internet? 120. Gas? Is there gas? Like gasoline to drive or. like Car house? Okay, vroom vroom drive. drive gasoline both of you together? A month. 250 for me. Yeah, probably in. Yeah, 300 something. 250 and like 350? Yeah. Ooh, okay. So we're going to do 600 there. Car.

insurances? Um. 470. It just renewed so I can tell. Phone. bill? Um. say 300. Usually I would do healing but you guys. are very rude. Yeah, we it's not even an option. I. looked at the option. Whenever I've. heard you say it before I looked into it. and it was not an option. TP find anything else to survive going. to do 200. Mhm, okay. Groceries or meal prep a.

couple times a week that's it. Pack in. Pack in sandwiches thermoses. Sandwiches? Yeah. We could do we should be able to do 800. Follow our meal plan. You have a meal plan? Yeah, it's in the. budgeting program. To get to your needs. Medical health care ongoing? Monthly basis? Um so now that I have an. HSA we've been using that to pay for our. medical medications. Is it ever going to run out? You pre. contribute to it but do you over spend? I have not yet. Um my company matches.

So Well even still but okay. Pet foods? Um are we including the horse? Are we. getting rid of the horse? I mean. probably not. Then yes. Um say $200 a. month. Oh, okay. What about horse maintenance. on top of that? Uh to. I'm trying to like average it would. probably be. a just say 100 bucks a month.

That's not that bad. I thought I was. going to okay. No, no, no. No subscriptions, we're. canceling them all. Oh. What all subscriptions do we have to. Every subscription. Every subscription. have TV. Good, use YouTube, it's free. But then there's ads. Yep, just like there is on TV. And you. pay for TV, so. Well, I pay for like Netflix. We don't have like cable TV. Well, you got the ad-free version. Yeah. You're canceling subscriptions, you're.

listening to ads when you can't afford. to live. Okay, so I mean, you guys can. do this. And I we already knew this. Is that off of like what you were say. like the minimum payment? Yes, but now we learn where we can put. the rest of the money cuz you have to. make your minimum payments on everything. anyway. Right. So, this is what's required to survive. at a minimum. And now we figure out what. to do with the remaining money. And then. you. I guess prioritize off of the. promotional stuff and then like snowball.

it? Yeah. Okay. But this requires you guys actually not. overspending. Right now you're. overspending, so it doesn't even matter. You're going out to eat every second of. your life and stopping at a gas station. and getting [ __ ]. $3,397. is what you guys have left over. Come. on. I'll even put uh that 397 towards. subscriptions, fun [ __ ] whatever. There you go, okay? Okay. Okay, so now you have $3,000 left. over on a monthly basis. Budget it out. With that. I mean, guys, this isn't the craziest. thing in the world. I mean, you guys.

pulled down this yourself. Yes, prioritize the deferred interest ones. first, so they're paid off by the before. things hit. But again, okay. This really isn't crazy. And then I. would snowball the lowest. balance. Do you do the lowest balance or do you. do the highest interest rate first? do lowest balance for you guys to stay. motivated. Okay. You'll see more. progress. No more tools.

No more bull tools at least. got pretty much set on it anyway. everyone says. I guess that is what. everyone says. Yeah. Okay, so we have. Hey, he did get a really cool. Snap-on sign and a beach towel. vehicles bad debt, not including your. mortgage bad debt, we have a hundred. seventy thousand dollars to pay off. That's an insane number. That's actually. kind of crazy. Hundred and seventy, that's kind of.

insane. That's our annual. Fifty-six months to pay off. Fifty-six months to pay Yeah, that's bad. debt. That's not even the mortgage. Fifty-six months to pay off. All right. So, you guys can do this. It's going to be a grind. But, four and a half years? Just over four and a half years? Let's call it five years after you're. fully funded emergency fund as well. You guys can get out of debt. You guys. have run forever. And because of that, now you're in a. five-year hole. But, by the time you guys are entering. your 40s, you'll be debt-free.

And that's fine. That was pretty similar. to my parents, for what it's worth, and. they're in a pretty good position now. You know, they were they certainly. through the 20s, 30s, kind of, you know, messed up like going in the 40s and. everything, you know, turned things. around and that's okay cuz they. sacrificed in the later half of their. 30s. You guys put up bad. Put up bad. Hundred. whatever thirty thousand dollars of bad. debt is crazy. That's not something we. see here. You guys are beyond lucky that. you have an incredible household income. to deal with it. In four and a half. years for the amount you guys put up.

your debt lives. is not that bad of a sacrifice. It It. but I'm also giving you guys three. hundred ninety-seven dollars of fun. I. usually can't give people fun money, but. that helps you guys stay motivated. throughout. Save it for a month, and. then all of a sudden go ahead and that. gives you. $700 to blow in you know, the next month. if you you know, set it aside. Set it. aside for a few months, go on a little. vacation. Whatever you guys choose to. do. That gives you Christmas. That gives. you going out to eat. That gives you. that fun money. Okay? Okay. Well, 4 and. 1/2 years is not the end of the world.

Right. Go through the budget team. program. Build out your budget. Here's. our rough idea of where we think life. would be. Okay. And as income goes up, as income. does go up, that helps propel this. Yes. But you got to attack those deferred. interest ones first. Pay them off. Yeah. So, that's one of my questions is. I want to like how would you suggest. prioritizing. because I do have some deferreds that. are like at the same time. They're like roughly at the same time. So,

this $3,000 with where you are, your. deferred interest balances weren't the. craziest high ones. Mhm. No, I mean CareCredit. Yeah, but CareCredit a lot of that was. like 2026 as well. So, with $3,000 a. month and the balances I saw on the. CareCredit, each deferred interest one. should be killed before the deferred. interest hits. Okay. So, prioritize the. dates. Okay. And then after that, just the smallest. balances. Because I do CareCredit, we were paying. like $1,000 a month to CareCredit the. last. for a while. And so,

Yeah. Now, it's dropped down to where. promotional purchase is like three. something. So, we have that extra wiggle room there. to be able to put into the different. promotional purchases. Okay. So, the only other thing is your truck. I. mean, your truck's honestly kind of you. can't really finesse that. The Bronco. might be able to borrow the difference, get a cheaper car as well. That gives you a maybe that'll give you. maybe like a $30,000 debt instead of a.

$66,000. That might be worth it. temporarily. Uh honestly probably saves you about a. year on here. I'd rather go from 4 1/2. to 3 1/2. Mhm. Call it three after, you. know, income goes up throughout the. years. Okay. So that might be an option to consider. as well. I would personally do it. I'd personally do that. So. All right. We'll connect you with the. tools. We're going to talk in the post. show. We're going to bring everyone into. the post show in the YouTube membership. There's also a show where you guys can. call in and talk to us live, by the way, about your finances or whatever drama or.

anything in your life. You can do that. You can talk to us and then. it'll be fun. So make sure you guys join. our YouTube membership. Link in the. description below. Let's get your Hammer. Financial Score. You said two, you said. three. Spending budget overspent zero. out of 10. Debt. $130,000 of debt. Come on, it's your. annual income. I can't give you better. than a one out of 10. Emergency fund, there was no savings, zero out of 10. Retirement's barely a start, one out of. 10. Real estate, it's the only thing you. have going for you. It is a big balance. Minimum monthly payment's okay within. your living situation. You're having to. invest a lot into this water situation. You haven't even figured that out. It's.

a bit weird and great interest rate, but. it's okay. Seven out of 10. Hammer Financial Score for today, then. we'll have a follow-up on the Financial. Audit follow-up channel whenever you. guys are ready. But for today, it rounds. up to a two out of 10. Make sure you. guys bundle all of our educational. programs together for 15% off. That is. what over 10,000 people have done and. they've changed their lives. Now come. join us in the Financial Audit post. show. You didn't know how much the tools. were. not know how much the tools were. Mhm.

Did you not communicate this to her? No, we talked we talked about it. One of. them I traded in. about the. other stuff. Come Do you guys actually. talk about anything money? Sometimes. What do you talk about? How does this. go? When Caleb brought up financial. in your family, we all kind of gave each. other a look. What's the tea there and. how are you so sure that you're not. going to get burned again? To watch the Financial Audit post show, click the join button below.