The Most Insane Debt I've Ever Seen | Financial Audit

My name is Bryson. I'm 27. I'm based out. of Lake Charles, Louisiana, and this is. Financial Audit. Thanks for coming on. over from Louisiana. What do you do for. a living there? I am an operations manager for a. It's a small startup company. We Well, I. say startup, we've been doing it for. about 6 years. So, we do a waste valet service. What do. you make in this position? Um 48,000. Okay, so this one's a little different. Uh this is something we haven't done. It's a couple's audit without the couple.

on camera. Right. The couple. is behind me. The other half Mhm. doesn't want to be. on camera. Totally okay. Respect that. So, we're going to approach this like a. couple's audit. You're going to have to. speak on it more, obviously. Hopefully, you have like the insights. and are able to ask and answer. questions. Yeah. But, what is the other. income for the household? Is there. another income? Yes, so there is Well, so it's kind of. weird right now because she just had a. baby. Yeah, so There is a 1-month-old.

Yeah. behind me. Yep. Um so, she was making. um. 44,000. Okay. So, we're sitting like. just above 90. Yeah. Something like that? Were you 48? I'm 48, she's 44. Okay. And um so, she gets like commissions and. things cuz she's a leasing agent at a. apartment complex. Is that post or after. or before? That was what she made last. year. So, I'm assuming maternity leave.

is not covering bonuses. No, it's only. 60% of her hourly pay. What's the. hourly? 18. Right. For how long? It was a lump sum check, uh and we already got it. Well, how long. is the maternity for though? Okay, so she she had a C-section, so. she's uh she got 8 weeks paid. Okay. At. the 60% and then um she has like FMLA, so she's getting another 4 weeks, so. she's going back in February. Okay. February 1st. Okay. Either way, we can.

still go more off of household. We. certainly will when we're looking for. the big picture and there's. I mean, if you want to talk big picture, this is. This is dense. This is like. some thickness. It is. I can't remember the last time I've had. this much paper to go through. I try to be as thorough as possible. Oh, I I like that. I respect that. It's. good. So, Cuz like I watch it I watch a lot and. you're always asking questions, so I try. to like provide It's good. everything so you could just reference.

it right away. What's not good is 14% interest on. student loans. That is not mine. What the It's College. Avenue. And why are they the worst people that's. ever existed in the history of student. loans? That's not true, but pretty darn. bad. It is bad. I hate that. Her degree? Doesn't have one. Right. But, okay. Towards or was towards it, so. Okay, so. we have $8,500. Oh my gosh.

Yeah, $8,500 at 14% interest. Man, it's crazy. $25 payment, that's never going to be. paid off. Yeah, I don't think we paid. going to be paid I don't think we've. paid more than $25 ever on it. Hold on. Yeah. No, no, no. Interest accrued this. period, $88. More interest accrues than. minimum monthly payment is worth. Mhm. By like a third. Like a minimum monthly. payment is like a third of that. This is true. So, if you minimum monthly. payment is will literally never be paid.

off. You know that, right? Absolutely. Okay. Did you already know that? Uh I didn't. Well, it wasn't mine, so I. wasn't really thinking about it. Okay, you guys are married. married, so it is mine. have you guys been married? Uh 2 years. in October. Okay. Well, let's think about the. marriage and the finances and how the. whole relationship works. So, so we can. have a little more insight while we're. going into these documents. How have we done finances as a marriage? Oh, it's combined. So. But, you didn't know.

I did know, but I didn't You sound like. you're from Louisiana. Here and now, I. hear the accent. The southern accent's. coming out. Well, see, we're only like um. third 25 minutes from Texas. So, we're like right there. It's. basically Texas. bayou. Yeah. Okay. I completely interrupted you. What were. you saying? You're good. I don't even remember. Um. What would you give your household score. zero on a 10 to 10? 1.5, solid.

Not what I would call solid, but. Okay. $8,500. Oh. No, no, no, no, no. I think it's. actually. it's 11. Yeah. $8,500 is what was given, but. $11,255. is what's owed now. Me. Oh, one 1-month-old child. It's okay. She she. I don't want its first words to be. She doesn't know words yet.

Actually, I'd be proud if her first. words were a high-pitched. bomb. I'll be like, "Oh, Uncle Caleb is. proud.". Oh. I don't want to pay $25. It's crazy. Yeah, yeah, yeah. So, okay, so this is. college. It's making grunting noises. It's almost. like 1-month-olds are like barely alive. It's like they're they're struggling to. like just exist. So, she has a cold. She's had a cold since she was a week.

old. And then, my wife has a upper. respiratory infection or something. Um which it's not contagious cuz I'm. fine. Well, that's That's That's our. Well, that's how we know it's. contagious. whenever we get into our living. situation, everybody in the house is. fine. So, nobody's sick. It's just her. and the baby. So. It's not like super. Like they're fine. Yeah. Yeah. L I.

Who the has a RAM. 2500? It's a 2500. It's a Cummins also, so. What? Diesel. What did you just call me? No. It's a diesel truck. Great. It costs $1,275 a month. That's correct. That's. That's You even have. That's insane. Is this yours? Yeah, we. drove it. No, no, no. Do we have two separate. cars? Yes. Is this the one you drive?

Yes. Death. Okay. Okay. Okay. So, you bring in. Oh my gosh. Now, that's some southern right there. Let's say. after taxes, being a little generous, maybe, you bring in $3,333. This is a third of your income. Third of. your income goes to this truck. So, there is a caveat to that. Caveat. This better be a big caveat.

It's decent. I do get a vehicle stipend. How much? 600. That is decent. Why not. just use that for Why not get a $600 car. payment? By the way, is not an. insignificant amount of money. Why not. just or an insignificant car? Why don't. you just get a car that's $600 and then. it's a free freaking car. Guys, it's a. new year and you need to make your money. work for you. You can do exactly what I. literally do right now and put my money. in the best high-yield savings account, SoFi. I get a 4.6% yield on my money and.

I also took advantage of the bonus of up. to $250 when I signed up. You can start. 2024 off amazing by doing the same by. going to the link in the description. below. So, actually I had a truck before this. one and my note was 600. Mhm. It was a. 2012 um Ford F-250. with the 6.7 Powerstroke. I just We. switched. Um but it had 250,000 miles on. it. Okay. And I was spending about I mean, it's a.

diesel, so your maintenance and repairs. is going to be significantly more. expensive than Yeah, it's a investment. Yeah. Well, got a few more things to get into, but. um. so, uh yeah, like I said, we were spending. an extra thousand maybe a month just on. repairs. Um so, the way that I saw it was yeah, I can. get a brand new truck and I might. might be spending a little bit more on. the note, but I'm not going to have to. be. um No.

work because I don't have my truck. So, to kind of get into my occupation, I. failed to mention this as well earlier. is I have a side job or a side business. I do landscaping and lawn care. How much. comes in with this? After expenses? Um. so, it's kind of hard to tell cuz we've. literally just been taking everything. after expenses, everything, and putting. it towards our debt. Like we don't spend. or play with it at all. No, no, no. After business expenses, what is. distributed to you? Oh, after business.

expenses, um. I really kind of haven't been keeping. track cuz I've just been pooling the. money and paying off the debt. Um. Oh, wait. You didn't pay last year's. taxes, I just remember. Right. Yeah, yeah, so whenever I applied. What's up with people on this show and. not paying taxes? Well, I guess it makes for good content. I don't Well, I would rather you just. pay taxes. Um whenever I applied, we. hadn't paid it. Uh we hadn't paid for 2021. 2021? So, we.

still owed At the time of my. application, we still owed 4,000. Um and then we still hadn't applied for. All right, we hadn't I'm sorry. We. hadn't filed for 2022. However, we have filed it uh for 2022 as. of now and we also paid off uh the four. grand. Okay, so filed 2022, how does that look? Um should be getting 800 back. Really? Yep. So, back to kind of the work things. is. so we have.

for my job with the Waste Valley Service. we have about 17 properties right now. all the way from Lake Charles to. Slidell. So, if you're not familiar with. Louisiana, Lake Charles is on one edge, Slidell's on the other. on the boot part. So, I do a lot of driving. A lot of driving. I don't know why that. brings us to $1,275 a month, but Well, so I do a lot of driving and with all. the mileage that I write off, you know, it adds or takes a lot off of.

what I owe. I just don't understand why not just. have a free car. Cuz here's the thing, guess what? We're not the only country. in the world that hauls things in a. truck bed. Mhm. Yet every other country. has figured out that you don't need a. super sized wagon, you don't need all. this. all this extra crap, you just need the. There's a There's a There's a thing out. there. I'm going to try to send it to my. editor if I remember and put it on. screen. Like the truck bed. Mhm. In all. these eras throughout even the start of. trucks in this country.

not only have they stayed the same, they've actually shrunk and the cabins. have gotten better. I've seen it. You're paying way too much. more than you need. You're trying to. justify saying you need this to do it. No, buddy. I Well, so I also have with. my business. which it kind of ties into both jobs. Um because for the apartment complexes. we'll haul off junk for them like. furniture that the residents discard. bed size matters. No, so I have a trailer. I have a dump. trailer and it's the dump trailer you.

know, it hauls up to 16,000 lb. So, it's a gooseneck so I have to have a. 3/4 ton truck. How much do you make off. of this? Um I'd say with the with my main job. with the Waste Valley Service I probably. bring in an extra. two to. 300 on average. Some months are better. on that. And then with my job or my company. That's why you needed the extra car. payment. That was specifically that. For the trailer? For the extra hauling capacity. Yes.

Okay, that is not making up the. difference between the $600 and the. $1,275. That's just with the. main job. With my side business I. probably bring in I mean the business. I've done 60,000 in revenue this year. What side business? Which one? The lawn. care, landscaping, junk removal. excavation demolition. or all everything that offer. All I'm saying is guess what? What's that? Other places in the world. they haul trailers and everything and. they don't need a massive RAM 12 or 12 5.

0 0 0. 2500 2500 Yeah. Yeah, well, I mean. I could get a. half ton truck and I wouldn't be able to. haul, but. 7,000 lb. no, I'm not saying that either, but just. like you had to go get the new one, too. It's base model. Cheapest one they had. Great, yeah, cuz that this is cheap. That's the word I'll use to describe. It was 12 grand off the sticker. this? About 66. Kill me.

Oh, jeez. Okay. And again, the reason we got the new. truck is because the amount of mileage I. put on it. So, like I said with with the. older truck, the 2012, we were. putting all that work into it and then. on top of that whenever and something. goes down, that means the truck's in the. shop. So, my trailers aren't making. money, I'm not making money. you didn't need to get a new work truck. or something with less miles, but if. you're buying something new and you know. you're putting a lot of miles on that, you're draining its value even quicker.

and more. I would have rather gotten a. slightly slightly used that at least had. that price value decline baked in a. little more. That was That was in the discussion as. well. It was a year end model so it's. 12,000 off. So, in 2020 Oh, now it's. only 66,000. Well, I had 12 grand in negative equity on the. F250. that rolled into it. So, the the sticker. price for 2022 on that truck was 67 on. the RAM and then since I bought it this.

year it was 12 grand off so it was. 50 55 What's your interest rate? 12.75 Buddy. Buddy, it just gets worse though. I'm listening to you and I hear what. you're saying and I'm like I we can make. some things work. I see Okay, here's the. thing. I know what other people do. I I know they're able to do similar. things to you with. like not this craziness. What I wish I could do in this. conversation and it's probably why we.

should just move forward. I just. I can't speak as educatedly on the exact. brands and makes and cuz I don't give a. trucks. I think they're stupid waste of. space for the most part. For you know, for doing an actual job makes sense. Most people, you know, they just put. groceries in it. But yeah. You're. actually I actually on the way over here. we picked up something. I got two 40 ft. 30 in culverts on the trailer right now. with us. So, I don't even know what you. just said. Well, you can go look at it. later. It's a Okay.

It's a lot of stuff. Okay. Yeah, I've. heard you say that before like people. having trucks not using it. No, dude, I. use my truck. No, I know you use your I use the truck. Um Also, one more thing on the truck. just to put in perspective on the. mileage I drive, bought that truck in. May it has 27,000 on it. But that even shows us that what that. even shows us we shouldn't have gotten. it new though. Yeah. Even though it was. a year end. It has 100,000 mile warranty as well so. that was a plus. That you paid for?

No, it's manufacturer. Okay. Um and then. lastly on that. uh. drawing a blank. Never mind. Forgot. If. I remember, I'll mention it later. But. And what I'll mention right now is that. you should subscribe cuz we're trying to. get to a million subscribers. Thank you. to everyone who has subscribed so far. I. love you all so much truly. We have an. invoice of something. Cuz I have no idea what this is. So, this here. is actually. the trailer that the culverts are on.

This is a 22 ft bumper pull trailer. expensive. Everything related to this truck gets a. lot more expensive. Oh, yeah. You should. see what oil changes and it's got two. fuel filters so you got to swap those. out as well. Service is about 500 bucks every. 7,500 miles. Um yep, so this is probably No, this is. worse than the truck, I'd say. That is the the bumper pull trailer.

It's rent to own. It's probably about. 60% interest. Why'd you do it? Why didn't you do it? Why didn't you just. Why didn't you like take out a personal. loan and do this or a business loan? Why the. 60% interest? Why the. Oh, gross. Yeah, I don't actually know what the. interest is, but from the math I've done. that's about what it is. No. Um. Why did I do that? Because I was doing a. lot of. demolition at the time and So, things.

change in your life and what you do. Yeah. Since I started the business last August. I kind of shifted from doing more. excavation and demolition to. mean like this most recent August. I'm sorry, 22. Okay, thank you. 22. I've trying I've kind of transitioned. more towards focusing towards the lawn. care side of things just because um. rather than having to chase those big. jobs and since I do have a full-time job. as well. it's easier to schedule in lawn care.

rather than having a big job that might. take me. I can schedule it for two days and. something goes wrong might take me four. days and then I'm having to go tend to. my main job so I got to put that on the. side and it just gets kind of. complicated so. with the lawn care side of things I can. schedule it out a lot better because you. know, your yard's going to take anywhere. from one to three hours. Um and I can do that You do it all. yourself? Yeah. I do that pretty much. strictly on the weekends. And after 5:00 sometimes.

the extra income to pay off all the debt. you took out just to bring in the extra. income. 60% Why did you go this route though? You didn't answer that. Why did I go. that route? So, we've always kind of had our sights. on buying a house. I know by looking at. the. current state of our finances it doesn't. look like that, but uh. So, we try not to have our credit pulled. as frequently as possible and then a. hard inquiry No, I know that. My god. Um. so, and also I planned on paying it off. quicker and you know how that goes.

Yeah, we're here. Yeah, I could have. bought three I think I could have bought. two of those trailers by the You're. harming me. Yeah. You're harming me. This is. Okay. lawn mower. It's a lawn mower. This is the lawn. mower. Yeah. What interest rate is this at? zero. Thank the. I remember what I was going to say about. the truck earlier. What were you going to say about the. truck earlier? Whenever I purchased it my credit score.

was crap because we had about 10 grand. more than we do now on credit cards. Mhm. Um however. much of that has been alleviated. My. credit score has gone up 100 points so. that was something I wanted to ask you. 750 Oh, okay. roughly yeah. So, you know, I want to. look into seeing getting that interest. rate down to about six or seven. It'd be. cool. That would help, but it's an. expensive It's a lot of truck. Everything on Credit Karma is. saying about six to seven.

I think one was even down to five. Yeah. So, I pulled up the what do you call the. amortization? Mhm. Amortization? So, yeah, it's terrible right now obviously. cuz it's 12.75. insanity. Interest is more than. principal. However, you know, if you can. get down to you know, six, seven. something like that, it'd be you know. less than 50% of what I'm paying in. principal will be going towards. interest. So, it'd definitely be. much more beneficial. So, the lawnmower,

5,941, even though it's 0%, the minimum monthly. payments are stacking up, my dude. So, that. is paid through my side business. That. doesn't come out of. um. Yeah, but it's still money you owe. Yeah, it is. Correct. Another two. whenever we go to budgeting, I know I. sent you my budget. I don't factor in. anything I make with my company in our. budgeting and anything. make sense. Because as I pull money from. my side business, it we just find a.

place in the debt pool for it to go to. I'm going to put new you you and your. wife, you're both going to go through my. budgeting program. We'll Perfect. We. teach you how to do variable income. budgets. Which I mean. It would take us out 2 hours right now, so obviously it doesn't make sense to. good thing with the lawn care is also. that's since it's so routine, you can. kind of budget a little bit better. Yeah, that's the That's my wife's. What is the car? It's 4Runner. Huh? 4Runner. Actually, that's what I had before the. F-250. I drove that. What's the balance?

How I see it. The balance is $18,466. cuz we DON'T HAVE ENOUGH DEBT. 4Runner of kill me. The interest rate, what is it? It's like. 5.51. Okay. Let's add another $277.50. month minimum monthly payment at this. No, that's not it. It's 398. That's just what we owe cuz I. pay 400.

So, it just like chips away. The actual. Uh 395? Yeah. Yep, that's it. So, again, it's another way you're just budgeting. where you're just throwing random. amounts out. Like we just We need to get the balance. It's It's 400. It's just It's just what we owe. we affirming things? We We already have. enough minimum monthly payments in our. life. There's a reason for that. Yeah, go ahead. What's the What's the reason? So, Sorry. So much my RAM 2500, right? gosh. Uh so, I have.

I keep all of my I was keeping all of my. tools, like little air compressor, some. hand tools and whatnot, inside the cab. Mhm. But since I had a baby, I need to. free the back seat up and make sure. there wasn't anything that's like going. to fall or anything. So, I then I needed to store that in my. bed, and I'm It's probably like It's a. good amount of money of tools, so. I protect my investment with. a bed cover. Could have I mean, I could have bought. it, but.

It was. $711. Yeah, I think we only owe like. 350 or something. 355. And one just came out, so it's actually. 118 less than whatever you see there. You are way too comfortable. You are way. too comfortable. You're even drinking. caffeine and you're way too comfortable. These minimum monthly payments right. here, I feel heartburn going from my. crack to my throat. Yeah, like it's. It makes I'm. I want to die. You are way too comfortable. Has this.

not caused stress in the relationship? These minimum monthly payments are. insane. Do you know how much money you. guys could have going to just. towards the house? To your future, to your house, to your. retirement, to your kids' college fund. Yeah, a lot. A lot of strain? No, no, yeah. A lot of money could be going. towards all that. Has this caused strain in the. relationship? Uh not really. How? How is there no stress happening. right now? How am I the only one that's. stressed? I'm just pretty cool, calm,

and collected. Um and I know that. there's a a way out. Um I've been trying. to move towards that. Which I feel that we've been making some. good progress. If you Once you get to my. Apple Card statement, you'll see the. amount that we've paid off in the past. couple of months. Um so, I know that it's. simple, but not easy. I don't know. You're just like accepting everything. and just like giving reasons why. everything. Here's a justification. Here's a justification. Here's a. justification. So, it's just like.

man, I don't know. I'm just like Well, for everything that we do, there is a. reason. Correct? Doesn't mean it's a good reason. Never said it was a good reason. I'm. just saying there's a reason. Um Which is why I'd be stressing and am. What's the payment? Uh 118, I believe. Okay. At least it's 0%. Yeah. Cuz you took the 6-month option. Oh, our Ink card. Our little business. card of fun. How long is the 0% for? Uh May. Till May. Oh. Coming up quick. Yeah, it is. Uh so, 3,000 of that was.

down payment on the truck. We used the credit card for a down. payment on a vehicle. It's 0% interest, so. Yeah, but we used a credit card, and. it's a credit card that's not paid off. yet. That's correct. It was paid off at. the time that I put the 3,000 on there. Yeah, and then we brought it back up to. 5,519. Yeah, some of that is a little bit of. residual from a job that I just got paid. for. A landscaping job. So, um I'll probably.

About a thousand of that's going to be. coming down. Oh. Okay. A A jobber payment just came. through today, so. Yeah, cuz we paid for. some landscaping. Uh direct deposit Ink. But you don't pay anyone. Just for. yourself? I don't have any employees. Let me see. Direct deposit Ink. Oh, no, no, no. That's That's uh Oh, sorry. Where did it. just direct deposit? That's landscaping supplies. Okay. There's only only business. expenses on there with the exception of. the lawnmower. nursery. That is a like a landscaping nursery.

Oh. Okay. Uh that makes sense. We have had fees, you know, the card fees, but Yeah. Here. we go through. Okay, so this was This. was the card that we made progress on. This is the one that you were you wanted. to. Tremendous. Yeah, tremendous progress. You're sniffling. No, my mustache is. tickling my nose. That's all. 312. With a minimum monthly payment of 25. Oh, the Ink. The Ink minimum monthly.

payment was 55. No, so the Apple Card, I've been using that since I paid it. off. It's paid off. It's at zero? Yeah, yeah. Good. some fuel on it for the trip, but like. But it's paid off. It's It's being paid off every month. Yeah, we got some taquitos and. Applebee's and Wendy's and. um. I I just said I didn't know. Jefferson. Davis? That's a bank. Oh, 304 bucks. Oh, that is a landfill. That's a business. expense.

Are you sure this business makes money? Yeah. Firehouse Subs app, Apple Apple Amazon. Apple. Apple Apple. and some website things, Xbox. Okay, but yes, you're right, that's paid. off. And this one's also paid off, so we. don't have that. This is a debt counter. What was the thousand nine hundred. eighty dollars but. That's the That's the goal, yeah. of money. That there, that's all. groceries. That's where. Cutters Outdoor Power is groceries? No, no, no. I'm sorry. This is That's a.

separate one. Those are different. Oh. Oh, yeah, you're right. Uh hm. That's all groceries. That's a Amex. Gold, so you get four times points at. supermarkets. Is this Blue Business? No, these are the same. Oh, I'm sorry. Yeah, so if that's. uh Chase, I'm sorry. I'm sorry. Business. Yeah, so that's going to be a business. credit card that I just opened up. business spends a lot of money. Um Also, we So, we. a month. So, on there, we didn't We hadn't paid.

our Louisiana state taxes, either. Great. So, I opened up that card, had 0%. interest, and then I paid off Louisiana. state taxes with that card, and then. paid it off. That card's paid off. So, we've got. Yeah, Yeah, so we've done a lot of We've paid. Doesn't mean you're not spending a lot. of money on a monthly basis. That's what. concerns me. Well, there's I mean, I. don't think that our spending's bad. Just the numbers so far. I mean, whether. it went to bad stuff or not, but. the numbers wild right now. It's a little It's a little murky cuz. there's a lot of business in there.

Yeah, there is. There is. Um. My total spending was. across the board $12,292. 292 dollars. And like I said, a lot of the majority. of that's going to be business. saying it's not. It's still money. Yeah. Okay. Another card that's paid off. Uh. Yeah, that's a grocery That's a grocery. card. Yeah. Yep, yep, yep. And some. That's a Dollar General as well. Yeah, so we We kind of live on the. outside of Lake Charles, and it's like a. little small town, so there's not really. South Charles make money. All right,

that one's impossible to read, so tell. me. Okay, so this is going to be my This. is my student loan. Did you graduate? No. 3,000. dollars 61. $3,061 is the total balance. Okay. Interest? Uh it's. 4. Uh. Do you have Do you have the printout of. my budget? It's on there. I only don't know if I have it in my. stack cuz I wanted to make my own.

budget. Well, let me see. 4.something though. What's the minimum. monthly payment? 50. Okay. And then we have more student loans. What's the What are these? That's So, this is mine. That's the only. one of mine. The rest are my wife's. Okay. 4.29. I need to know the total for this. What's the total for this? Do you know? For that particular one? For all these, yes. All these combined. I can tell I have them all right here. I. can tell you and add it up. So, for her.

student loans, you have 1,011. And then you have. Huh? For this? All right, I'm just going to add up what. I see on the statement. Yeah, I think. one of them's like 7%. That's the worst. one. Yeah. But that wasn't a high balance, so which. is good cuz the high balance one is at. only 2.7. Yeah. Remember, a lot of your spending. doesn't feel bad cuz it's going on like. things that aren't being fully paid off. Mhm. 13,775.

Got you. Cool. Capital One also paid. off, but more spending. Uh. some Yummy and Scoop and something Yeah, so she got hacked on ASAP. Okay. So, there was a bunch of all those you. can see right there. and everything and it was. got taken care. Yep. Good. That sucks. She does She. doesn't use that card, though. I don't. know if you guys are credit card people, to be honest, but Uh yeah, I think that. we haven't been just due to negligence.

and not really paying attention, but now. that we're actually putting in an effort. towards it and wanting to get those. biscuits. Yeah, I think it is risky, but. I think we're fully capable of doing it. now that we're actually It We've been. our whole financial situation has just. been kind of nonchalant. I've been. trying to just What's different? What. changed? Um baby. Okay, so for a month. Um no, she got pregnant, so probably. Yeah, a few months into the pregnancy we.

kind of. So, we're like we got to stop. Kids on. the way? Yeah. Yeah. So. It's a good. reason. Yep. The other Apple card That's. her. Not getting paid off, though. That's. hers. No, that's our only credit card. debt. Why is it hers and mine and hers. and mine two years in a marriage? Why. are we not just considering all of it to. be ours and tackling it as a team and. getting to retirement as a team and a. kid's college fund as a team? So, it is. a team effort, yes. Uh Why don't we not. do his and hers? Those are just descriptive factors. Uh I.

think because we dated for so long and. we lived together and then uh you know, it was very mine and hers then. Yep. However, we weren't like giving money to. each other to pay off their debt uh each. other's debts. Uh so, whenever we got. married, it started being like that, but. we just still describe the different. cards as. who does the majority of the spending. with said card. 153. minimum monthly payment? Yeah, that needs to go. But, she's. paying Afterpay on here. Like, we're. paying another debt with a credit card.

that's accruing interest. Yeah, I'm not sure why she did that. And Wayfair and Amazon something for the. baby, Amazon, another Afterpay payment, and an Apple bill. and $74 of interest this last month. charge. of interest is bad. I think the the. year-to-date is like 66 666. 627. 627. And a 27.24%. interest rate. Yeah. You guys don't know. It's not like we have to be intrusive of. Oh, you spent this and all this stuff. like that, but I take it we're not.

sitting down and looking at how la- last. month's budget looked and how next. month's budget needs to reflect. We. haven't been. Uh last month we started. How'd that go? It's going good. It's. going well. Well, she has So, she's on. maternity leave, so she doesn't really. do anything, so. What's that? What I just read. On the. Apple card? Yeah. Yeah. money. This is true. On something that's. killing us with interest. Yeah. So.

I Yeah, I don't know. Maybe we need to. rediscuss that. Yeah, and it's not a you. can't spend money like rah rah rah me me. me, you know, and like talking down and. like this is what we're going to do. Just needs to be collective discussion. We need to sit down. We need to look uh. where did money go last month? What are. our goals? What does it take to get. there? How do we address next month's. budget to make sure we're actually. getting to the place we're trying to get. to? Yeah, so on the budget that we made. is on a spreadsheet. Um we do have a. column for like.

what we projected and the actual or the. actual spent and the variance so that we. can kind of. get more detailed insight on, you know, the way that we are spending our money. Yeah, for sure. Uh $518 spent on this card. Spending money. 600 on the Apple card, I. think. Uh. Cafe Yep, that was just one day that I. was. out cutting yards and. got something to eat. And Patrick Hosp Lake That is the. deposit for our hospital bill for the.

baby. How much is owed? 4,500. Post insurance insurance? Correct. Let's see section. Yes. Okay. Now, we're. immediately starting this checking. account with negative $3.49. Yeah, so we have too many checking. accounts. Yes, that is an understatement. It was. ridiculous what I had to go through. Yeah, so that it's kind of like falls by. the wayside. I think there might be like. one thing that comes out of there. Close. them. Yeah. Yep. Yep. Close them. Transfers, Target uh yeah, Target Target.

Okay, yeah, so that card her um. Target Red card, familiar, is connected. to that one, so that's why we have the. I have the Target statement? Uh I mean, it goes straight to there. Oh, it's not. a Target credit card? No, no, it's a next It's connected to. that card. So, it goes straight to there. I don't do that cuz I would spend way. too much money at Target, so. Yeah, and. that's the bad thing is like you swipe. it and then you don't like you can't I. don't think you can get on the Target. app and see what you spent. And then we're negative $3.49 in a.

checking account. Yeah. With fees, of course. So, that that needs to be changed to our. bill pay cuz that's where pretty much. all the transactions really happen. Yeah. And then another checking account. $2,000 in here. That's exciting. So, that is our bill pay. Well, that's what. we call it at least. That's where pretty. much. every day-to-day thing comes out of. there. went out. Again, lots of money. No, well, it's it's not clear. as far as what comes in and what goes. out. Why? But, you said you budget. I know.

No. Because So, for my main job, the Waste. Valley service, um. I I have a credit card that I use. strictly for that and all that gets. reimbursed. So, it gets deposited into. that account and then I pay it. So, it's not really clear about. what those columns say there. You need to go through a program. Well, I've been think- So, since I am. 1099 for that job, I've been thinking. about starting an LLC so that I can get. a business banking account and then that. way I can have It's good as a pastor.

Keeps everything organized. Makes sense. for taxes at the end of the year. Some. baby stuff, no surprise. Venmo, some. Tequitos, Affirm, Venmo, Venmo, possible. Tequitos, possible Tequitos, possible. Tequitos, Venmo. uh Farm Bureau Farm Bureau is insurance. Oh, good. Um so, also on those, the. Venmos. Amazon and everything. there's no. there's no frivolous spending on the. Venmos. The Venmos are either. No, I know for a fact. Okay. The Venmos.

are either utilities to my father-in-law. um Uh. It's either utilities to my. father-in-law and then sometimes we have. a few people that do uh. odd end jobs for our Waste Valley. service. Okay. and they don't have. I just send myself the money and then I. Venmo it to them. Okay. Uh so, there's no frivolous. spending on the Venmo. What is. frivolous? It's Tequitos and then the. movie theater and Tobacco Plus. Naughty. naughty. Yeah. Zalen, ATM withdrawal.

$280. Zalen Venmo. That ATM withdrawal was another payment. to a worker. Another withdrawal for $425 on top of. that. And then more Cinemark. So, the. 425. by the way. The 425 That's all we have. The 425 is our. camper note. fifth wheel fifth wheel camper And then. $2,500 in this other checking account. and you're right. Too many checking. accounts. 2,000. on to that checking account. And then we. have another checking account. $16,000. left this one.

$5.39. Acorns, Chick-fil-A, Popeyes, Zalen out. Uh the the there's this quick place you. go to. I don't know if it's like. Tequitos or Landry's Landrys? That's Landry's. Landry's? Yeah. Um. That's just Tequitos. As I thought, Tequitos. Well, actually, is that like five bucks? Yeah, it's a can of dip. Okay, that's Tequitos in my mind.

Yeah, not me. Uh smoke shop Wendy's Purefix. Canceled that. Acorns I wouldn't I I. switched from Acorns to. So, we pulled out our Acorns and paid. off something. That makes sense. And then shut it down. So, we were. putting 400 a month in Acorns just like. uh I think it was 100 every Monday. It's not bad. Just as like a savings. thing. So, yeah, I know it's kind of. stupid. So, I shut that down, pulled out. what I had in there, put it towards. debt, and now we're just doing 100 a.

month into our emergency fund until we. get it funded to where we need it to be. And I switched to Vanguard because they. do a 1% match. So, when you guys get. back, you may as well take the match. instead of that, but yeah. It It takes a bit to invest to vest. Yeah, it's fine. Savings account brought. down to $5. An account that is basically in like. Russian or something cuz I can't read. any of the. $231. Like, every other letter is redacted for.

some reason. So, I have no idea what is. happening. So, I don't even know what. was out, but there was like lots of ATM. probably Tequitos and I see just We've. been We've been very We've been very. conservative with the Tequitos. The only. You called out quite a few. Well, I mean. That's That's That's all tobacco, so. I. know it's Tequitos is Tequitos, but. 2025 or I'm sorry, 2024 I'm giving it. up, so I'm working on it. No, no, no. What? That's like That's like I No, I know.

That's like me saying I'm going to start. dieting in 2024. No, I should start. dieting today. I mean, it's I'm addicted, for sure. No. addiction, so. Yeah, no But, isn't isn't on this. Isn't the delay though? Isn't the delay, you know, really kicking the can down. the road? Like what is If you're If. you're able to start then, what's. preventing you from starting now? And. what's going to say when you get there. it's like, "Oh, no, let's start in Q2. cuz we got a big Q1 out of us.". Uh that's a valid. Um. Uh I just bought a roll, so I'll stop.

after that roll of five cans. I don't. want you get. extra forms of cancers. when you have a kid. Nor do I. I want you to be nice and. healthy for her future. She grunts, but she's very cute and you. deserve to be a part of her life for a. long time. Uh Apple Golden sacks is. nothing. Nothing in there. Then. retirement is $1,218. Is that retirement. to her name? As a couple? I have five $5. I just. started my Acorns later.

Okay, well that terrifies me. All of. this I mean, that's just terrifies me. First of all, what we calculated is $12,000 spending. That's like what we could tell was 100%. spending. Again, there was that. statement that was like in gibberish. We. couldn't even figure it out. I don't. know. There's tens and tens and tens of. thousands of dollars leaving and just. going places. Some of it went into other. It was It This is a mess. Yeah. One. thing that actually might be worth it. for you, just on the business side, I might do for like a week, have like a.

sit down with an accountant and just. going through stuff. Getting your. organized, getting everything separate. Yes, from the LLC. Get that business. checking account. Yeah, cuz that's. that's really what makes it kind of. jacked up is cuz I get, you know, I. probably spend in expenses like. anywhere from two to 4,500 a month. So. like as that comes in, it looks like I'm. getting a big chunk, but it's really. just going to pay off my expense card. Yeah, man. I mean, these debts are. crazy. I mean, Cheetos were $430.

Yeah, so I don't think that you. mentioned or I think you did say it, but. it It's probably didn't say what it was. We have three acres as well. You own three acres? Yeah, well we're. paying on it, but yeah. Oh, that's good. So that's uh. if you want to add that to the debt pile. there. Oh, yeah. Yeah. Okay. Um. Anything built? No. So. Dreams to build? Yeah. Yep, so I. mentioned that fifth wheel camper. earlier. We were living in that Okay.

on my father-in-law's land. um because he has camper hookups. So we. We were renting and then we purchased. that to move out and uh live in that for. the 425 that we pay a month. Then we had the baby. Um Now, granted, it's massive. It's 42. ft long. It has I know. They just don't. even like maintain value typically. Yeah, no. It has a king-size bed, full-size shower, full-size fridge, and. a second bedroom. Sure. And bath and a. half as well.

Um so I mean, it's totally doable to. live in, you know, just a couple. However, introducing a baby into the mix. kind of changes the Okay. the the uh. plan there. So what's the What's the. debt on the on the acre? Three. Three. acres is going to be. $32,900. When'd you buy it? Uh about a year ago. Okay. Minimum monthly? Uh 356. at an 8% interest rate and that's a.

balloon loan. Oh. Ew. Really? 5 years. Yeah. That was a lot. Yeah. I have one request. the camper on there? That's financed as well. Oh, absolutely. Me. This is using every line of my. notebook here. You're are bullying my. notebook. all of them right there, so. Okay, tell. me about it. What's the What's the. camper? Camper is going to be It's. different than the trailer. Yeah. Yeah, okay. Yep. Yeah, yeah. 37,000.

$112. Min- a month? 425. Oh, it was Okay. 300 uh $37,112? $37,112. Okay, and what was the monthly? 425. At a 9% also balloon. In 60 months. 5 years. Oh, the truck's financed for 84. months too if that makes you feel any. better. I feel.

great. No issues at all. Joyful situation. I have one request for both of you. Absolutely. Stop. signing up for debt. Good. Just at least for the sake of like that. little one. Mhm. Like my dude, I grew up. in a household that survived on debt. after debt rolling debt into debt and. debt. Yeah. And it made me I thought we were living. a middle class, but we were just going. further and further into debt and man,

the stresses you see on the marriage, that is not something I want to happen. here. I know it's another interruption, but you can get $5,000 by listening to. the end of this. Right now, if you. transfer your portfolio to Moomoo, which. I personally use for my individual stock. picks, you can get up to $5,000. It's. literally free money and an amazing. investment platform and it's what I. personally use. So check it out in the. description below. I highly recommend. it. That is not something I want to. Well, fortunately with the exception of. the um truck down payment, we don't. really roll any debts into anything. else, I wouldn't say. I know, but we're.

putting our money on a credit card that. we're not paying off instead of being. able to put extra money towards the. debt. So in my mind, that's still. rolling it, just in a different way. I. need a second. But it took us It took us 52 minutes to. get through your debts. Your debts. I've said it before and I can't If this. is It's like a competition. I think this is the worst debt I've ever. seen. Or at least What? It's not that. bad. What the you talking about?

You have minimum monthly payments, none. of it being an asset. Not Well, okay, the acre. The three The three acres. Sorry. All of it being bad except for that, but. minimum monthly payment. of $2,247. How is that not that bad? You. could bare You could barely pay that on. your income for your job. I know you. have the business that brings you money. Money goes out. So did you take away the. the 600 vehicle stipend or did you add. that in there? That doesn't mean you. don't owe it though. What if the job go.

What if you get fired? There's the. inherent risk. You still owe it. but yeah. I was actually I was the first employee. with that company. You still owe it. That doesn't make your debt less. No, it doesn't. This is money that's coming in to help. pay. Okay, I need another second. By the way, it's not I think one reason I'm just. kind of upset and cranky right now. It's not that I need you to be freaking. out or anything, but the fact that you. seem no n- nonchalant and you're like,

"Oh, it's not that bad." You just It. makes me feel like oh, like I'm the only. one that like gives a right now. No, I. definitely care. That's why I'm here, but Uh yeah, yeah. No, I do respect. that. It It takes a It's a big leap. I. think the the main thing I want to get. out of today is just uh a road map. Cuz like I said, all the income from. side business has just been kind of. Well, you decide what you get out of it. I'm going to decide what I give you. Sure. And guess what? None of them.

30,000 of it are assets, like actual. like Well, okay, technically you could. sell some of the other things and. they're assets, but. in terms of like actual debt leverage on. something that will go up in value, 30,000. Your debt in total, $210,000. That's a mortgage. and these are like 8, 15, you know, five, uh balloon.

percentages. These This is insane. And you don't think this is that bad? You don't think that number is that bad? The number sounds bad, but Okay, well. since you're not willing to say it, I. need her to know behind me, this is bad. This is scary. And not all of it's bankruptable either. There's a lot of student loans in here. that will not that worst comes to worst. will not be bankruptable. Oh, bankruptcy. is what everyone says who goes bankrupt.

So. trust me, I don't want the worst to. happen either. I'm not encouraging. anything. I'm not encouraging you to. lose your job. You're just taking into. account zero risk of anything bad. happening. True. So I need to bring I. need to be real world about it, you. know? Mhm. And you don't even know how. much money comes Like you don't even. know like net income from business cuz. really all of it just goes to. So So I mean, from my routine yards um. for six months out or say about seven. months out of the year,

Yeah. you could say about 3,000. A. month? Yeah. Net? Um Total? Gross? Total. gross, yeah. Okay, way more than $3,000. went out for business expenses, but No, this is just strictly for the routine. what. Give me all. Except Except for your day. job, sorry. That's salaried. Give me. Give me all. I I really can't cuz. So for. that's why like I said earlier, I. switched over to kind of focusing on. cutting the grass because that's able. you're able to kind of get a schedule. and see what you're going to be coming. in. So just from.

the yards that I have, uh you'd be looking at about three grand. for about eight months out of the year. and then for the remainder of the year. like the slow season like right now, probably about um. closer to two grand a month and that's. uh profit or I'm sorry, revenue. Um and that's excluding any landscaping. jobs uh that might pick up or any of the. other various services that offer. So. like for instance, I just finished a. landscaping job. Um I made probably about three grand on.

it, so. And that's cuz I don't have any. I don't have any employees or anything, so you know, the hourly rates I would be. paying somebody is you know, I just take. it in myself. So honestly, what I would. do in that situation then. cuz you're all over the place. You're. doing a lot of things. I'd figure out. whatever's making the most amount of. money and it sounds like maybe that. I. would just like the rest I would just be. like, okay, it bye-bye. Focus full in, full attention, full energy, go hard. I'm not saying give up the day job. No,

absolutely not. But all instead of like three, four. billion companies whatever that we're. testing out. I would go full energy in on this other. thing. Maybe it becomes your full-time. job. Who knows? You know, maybe you. become the the dominant lawn care. company in that area. Which would be. awesome. That's what I would do because you don't. know your numbers. Right. And I also can't help if I don't. know your numbers. Cuz I need I need. your numbers to go off of things. I know. that tens of thousands tens and tens and. tens of thousands of dollars went out.

And you know, money came in as well. And. I this is this is this is this is a lot. Um I could give you. uh. again, I could give you a plan. I just. need to know the numbers. $2,245. Well, I think what if if I could request. this, if you could give a plan of like. the order in in which to pay things off. and then as I. have um money come in from the side. business.

just chunk it at the next. thing in line. So if you had a few debts. and the interest rates were widely. varying, I would almost go avalanche pay. off the highest to smallest. Yeah. But. because right now minimum monthly. payments are what's killing you, taking. $2,245 away from you, I would smallest. to largest because you immediately start. killing some of the minimum monthly. payments. So even if something's 0% like. the affirm, I would kill it so it gets. rid of that $118 minimum monthly. payment. And that immediately rolls into. the next thing. Also, for people, have you gotten out of.

a lot of debt before? Yeah. Okay. not this much, but. Uh for for people that you know, haven't. really tackled debt, there's a lot of. psychological benefits to the smallest. to largest anyway cuz you start seeing. progress even though mathematically in. the end avalanche works. the best. It is sometimes harder for. non-disciplined people to stick to. Not. saying you're non-disciplined, but. because this might take years or years. depending on the income situation, which. I don't know. Uh I think like two months.

ago my Apple card had like 10 grand on. it. Yeah. And so paid that like I was. saying earlier, paid Were we in a couple. good months though for the seasonal lawn. care? Yeah, I mean it was coming to an. end, so yeah. Well, see, that I mean that changes the. whole situation. Yeah. Like I wish we could keep that up. forever. Sounds like 5,000 bucks a. month, but Uh it'll start back in March. Even still, okay, let's say you throw. $5,000 a month towards the bad debt, right? For. Now, we do want. got to get we got to before it balloons, man. Like what's the We need to.

Actually, because of the balloon, I'd. make. Well, we do have some more issues. Oh, good. Like we have to pay. second. Before before that, just an. example, $5,000 a month is still 42. months to pay all of this off. Mhm. So that's not insignificant. I mean. that's still three and a half years. So. um our living situation Yeah. So we're. out of the camper, right? In the house. uh. want to sell the camper. So Okay. Want to sell the camper uh.

going to be able to sell it at? What do. you think it's valued at? 37? Uh So it. has some damages. There was a leak in it. and one of the floors in the one of the. slides is rotted out. It's about five grand to get that fixed. Good. Um. So. I I think we could sell it somewhere. in the 30s. Cool. And then just pay the. uh After putting the five in? No, no, no, no, no. Without with damages. With. damages. I think we get somewhere in the.

30s. Um. and then just cover the rest out of. pocket and then that would alleviate, you know, the 425. So we would like to. sell the camper. Um also for our living. situation. Yeah. It's it's probably time for us to. Where are you? get out of the house and. find something. Yep. just us, so get out of our Well, that's going to add a minimum monthly. expense. You're probably going to get. rent a house or something. Well, that. that was something I wanted to ask you. is uh you know, what what would your. Describe the living situation.

Uh so we live with my in-laws um in one. of their extra rooms. Mhm. Uh. and we just pay them 200 bucks for. utilities right now. But I mean we also have a newborn baby. that cries throughout most of the night. and uh they're they were empty nesters. and um I think that's. I think I think they haven't said it, but I think that they're ready for us to. Oh, well, okay. Well, that's different. I was going to say cuz I was a newborn. crier as well 28 years ago. My. grandparents were empty nesters, but we. lived with them I think for a year or.

two, two years maybe. Yeah. I mean we. Obviously I have no memory of that, but. I think we have you know, a few more. months before we actually have to do. something about it. going to say, uh. I think you I'm willing to let you guys. suffer for a bit, but their house, you. know, it. like as soon as they need you out, I. would get out. But until then, I would. try to stay as long as I can and just. tackle as much as I can. But yes, when you get it, it's just. going to add another minimum monthly. payment in your endless minimum monthly. payments ocean. I would just do the. cheapest safe house you can get.

And I would just really I'd shop around. for like it's a full-time job for a few. weeks. Yeah, so we she like I said, she's in the uh. apartment um space and whatnot. Yeah, that helps. So. pretty much the cheapest that we'd be. able to find is about a thousand bucks. What's your trailer worth? The camper. trailer, the utility trailer. Utility utility. 22-ft one? Yeah. Uh probably like five Okay, so selling. that makes no sense. six RAM, again, we.

rolled negative equity into the. discount, so. Mhm. What's it worth? 50? Yeah. 52, 50. If we try to make a difference on a. personal loan, I don't think you're. going to be able to buy. a truck. that's good enough to do what you needed. to do with whatever the difference we'd. make up. No, you wouldn't because even I. mean I don't think you looked very hard. or considered a lot of options to be. completely honest. Yeah, we can look.

later and see what you find, but It's. mostly for the the garbage. It's for. both both businesses. You know. They do. it all around the world without massive. $70,000 trucks. There's not some magical. extra gravity in the United States. I'd love to sell the truck, but. I mean the thing is you'd get kind of a. crappier used truck in the price range. That's what of making up. Yeah, I mean I. already had that. That's. I know I know. But if we do the personal.

loan like bridge technique. like even if it was $27,000 or. something. So. I don't know your income. Man, I don't know. You know. you could say I think averaged out. about three grand a month is going. is coming in from it. That's going towards my debts. After all the tens and tens of thousands. of dollars and different expenses you. had? Uh no, it's going to be about two. I. have about a thousand in expenses for my.

business, which is the the mower. You had so many so much more than that. I'm talking about like um. no, not not for jobs and whatnot. I'm. just talking about like. uh my CRM. trailers. Fix, you're talking on fix. Fix, yes, I'm sorry. But that's not the only. expense is though. There's those other. expenses. Right, right. So it's kind of. complicated to explain, but. setting 30% aside for taxes in whatever. you're taking home? No. You are? Mhm. Where was it? There's a tax account. Was.

it just one of the checking accounts? It's a savings. It's empty now cuz we just paid it off. What about this year? Yeah, we're. starting to save for that now. Oh, good. Yeah, so we do Okay, so pretty much if. there is any actual profits coming in, they all need to be set aside because. it's not set aside 30% anymore. In order. to pay the sales tax, you're going to. have to set aside every single cent to. make up for what you have not saved this. year so far. Yeah, so. like I said, we're getting 800 back. for 22. So that's going straight towards.

taxes for 23. If you make as much as you say. 800 should barely be a drop in the. bucket though. Which is why again, I'm continuing to be. very skeptical of this. So she gets a refund. Child tax credit? So she's So we're. going to have that now. Yeah. My wife. works, so she gets a tax refund, which. offsets mine. Well, it's cuz her she's getting too. much collected up front, but okay, so. So it offsets mine and then the amount. of mileage that I drive That's going to. help. Yeah, you're going to Trust me, I.

want you to write off every single. little thing you can. But writing off. uh is also I mean you're not. I mean still, we're writing off against. I'm just skeptical. What is it of how much is net? From my. side business. True net. Well, you. haven't been able to give me a number. and we're just going around circles at. this point anyway. So and then let's. just say 3,000 comes in from your. business, you know, net. Which Okay, even still, it depends on your living. expenses. You throw in a $1,500 a month.

rent in here. We have groceries, we have. the new medical expenses, you know, taking the kid in for checkups. Yeah, so that's uh that's all covered. Oh, it's all There's no. uh there's no deductible or anything? It's covered by work. 100% what? Okay. Cool. Um I mean you're probably not. going to like this cuz it's more debt, but something that we. We're an hour and eight minutes in. We. thought about is uh so we do have the. three acres, it's just purchasing a. mobile home and setting it on there. But. didn't we already decide that that was.

No, that was a camper trailer. Oh, yeah. That's it. But still, well that and that. truly goes out of value, but even that. even best case scenario those things. hold value and barely. So, eventually we. do want to probably move from that land. So, we would see that as you know, we. probably get a mobile home that's safe. decent for around 30 to 40,000. I asked for one thing from you and. that's to borrow no more. Yeah, yeah, I. know. No, I would say no. I would rather.

pay rent for a little bit and then build. a property on it in the coming years. It's. Listen, we have two we have two debts. that are going to balloon. That's an emergency. That's a nuclear bomb is about to drop. on our lives and we need to take care of. it immediately or else everything's. going to come crumbling down. I was. under the impression that at the end of. the balloon you refinance it, correct? Or is that not accurate? You can can I mean ideally it'd be. better to be paid off by that time. No.

That's why I'm not like extremely. worried about whenever it comes to the. end of that term. You know, it'd just be refinanced, but. Okay, so more kicking the can down the. road. No, like I said, I would ideally. I'd like to have it paid off by that. time. I don't know. You need to sit down. with an accountant and actually figure. out what your numbers are. Mhm. Literally it's impossible for me to do. anything without knowing what your. numbers are and we can go around in. circles forever and assume this and that. when it comes to numbers, but unless we. actually have numbers. Right. But to answer your question, I would. probably do smallest to largest cuz even.

smallest to well. Okay, even if it took that What What was. it? 4 and 1/2 years? Even if you. or 3 and 1/2 years and I don't. 42 months. Okay. So, that should be before your. second balloon. Well, one of the. balloons is the camper which we're. trying to sell. Yeah, that'd be cool. You're going to sell it underwater, but. you'll just have to make up the. difference with either cash or personal. loan. Mhm. Preferably cash, but I don't. know if it'll exist. Cuz we're heading into the slow months. Mhm. Slow months. Well, the the camper was.

the quicker balloon, right? And you're. trying to sell that. Yeah, because. They're both 60. Oh, yeah, yeah. Oh, okay. No, so we got the land first. So, that's a 60-month balloon and that will. be coming up about that'll be 6 months. earlier than the camper cuz that was. about the difference in time that we. purchased. The land about a year ago, camper about. 6 months ago. Okay. Yeah, I would. smallest to largest and I think you can. take care of it if you really. if you have an extra $5,000 to throw at. it which is the number you gave me. whether I believe it or not, I have no. idea.

Cuz it doesn't matter if I believe it or. not. What matters is this reality. So, if you. can do that, do it and that's awesome. I. would be so thrilled for you. Mhm. Please sit down with an accountant. Yeah, I just got one. So Good. Good. It's incredible cuz this is a mess. Close checking accounts. Close a bunch. of credit cards. Just use what you want. to use. Mhm. I don't care if it affects your. credit score. You guys are not credit. card people even though you want to be. Maybe someday you are not. Well, I I. mean I guess I was just looking to see. if you could you know, do with what we.

do know. Mhm? With like my main job. Say I didn't. Say Say I didn't have my side business. That's what I was looking for. Yeah. Well, you're going to be moving into a. place. Yeah. That's pretty much going to be a. thing. So, let's say 1,200 for rent? Yeah, rent and utilities I think that. would cover it. Okay. I think we find. something. around those numbers. Groceries we can. probably do. Where are we falling? 7 800? 4. a month. 400 for all three of you? Yeah. Well, listen if you can do it. I do do. not do not be doing anything unhealthy.

though. Absolutely not. I'm pretty uh. fitness. minded individual health nutrition. I'll. say with the kid. Yeah. 400. Okay. Extra what? 100 for. baby? Yeah, we have. 200 in our budget. Okay. We got 200 for the baby. Cool. Uh car insurances? Car insurances are. 288. What do you have What do you have. your budget at? Total. No, well never mind. No, no, no. A 288 for both cars? Yes. Okay.

Phone bills? 100 total. Not bad for two. Well, we're both on our parents. We just. send them 50 bucks each. So. It should It's just easier. No, for. sure. What else you have. that I'm missing? Yes, I have like I have all the debt and. then all of our living expenses as far. as gas for her. Yeah, how much in gas for her? 100. Okay. Groceries are 400. Uh baby 200. Um.

So, we're working on getting to a $6,000. emergency fund and we're doing 400 a. month towards that. No, but that's not. in the budget though. It might be, but. I'm just trying to figure out your. necessities. right now. I'm just trying to figure out. your neces neces necessities. exclude exclude that. Um. We do want to have at least one date. night a month and so we budget 100 for. that. Well, you're asking based on yours. so your own. So, I'll tell you. Well, I mean I got a newborn baby and. she's with the baby all day every day.

while I'm working. Um so, I find it necessary for her to be. able to get out the house and have a. relief uh mentally. I'm not against it. as a concept. I just want to make sure. we have money to survive. Um. I'm seeing it coming. after what you claim to be about $4,000. in net. What was that? It was about. 56 months or so? 4 point 4 and 1/2 years? I think I can beat that. I think you can. do. Yeah. I hope you do. Actually, if.

this business is going successful so far. even if we don't know our numbers fully. which is, you know. new business happens. I know for a fact. I'm sorry. New business that happens. So, we're. going to figure that out. But if it is. successful so far. what excites me is if we push off these. extra things that we're just doing that. are distracting us, we laser focus in on. it, I think it's actually going to be. really successful which could very much. uh amplify your your just punching down.

on the debt and paying it off quicker. So, you're right. I agree with you. I. think you can pay it off quicker. What. What did you want to say? I was going to. say up to this point this year I've done. 60,000 revenue. Um of course we don't know the expenses, so Yeah. Like. that matters to a certain point. There. were tens of thousands of dollars. leaving just this month. Okay. Well, that's what I think. Um. I'm curious if if you learn any update. like if you learn anything. Do you have. a YouTube account? Maybe you maybe you. don't upload anything probably, but do. you have a like account? Yeah. Uh if you want you either you can.

email me and I can put it or if you want. to comment like what you learned about. your numbers, you know, I'll pin that in. the video. Yeah, I can do. I can get that figured out. Yeah. Honest. though. Honest not not what's. going to make you look good. I mean you think I came on here to look. good? You just How much you just add up? 210? Yeah, 210. Yeah. You look good as a. hard worker. Oh. You look good as a hard. worker. I like that. I respect I'd be. for that. I work probably about 90.

Okay. No, no, no. You're killing on. that. I just want us to take control. Make sure that work isn't just going. into like lighting the money on fire, you know? Yeah. I want that to be. rewarding you guys and setting. yourselves up Yeah, cuz I mean that's. the thing once like the truck's paid. off, trailers are paid off like. that'd be go time. College fund. Yeah. Retirement We have nothing in. retirement and that terrifies me. 27. 1,000 bucks in 50 5 5 5 yeah. Just started. Any final thoughts? Any.

final questions? No, I mean thank you. for taking the time to go through this. I know it's. kind of aggravating frustrating with all. the paper and whatnot all the numbers. little bit of lack of clarity. I thought. I was coming here with a lot of clarity, but as far as the situation, but I guess. wasn't the case. But um again like I. like I said, appreciate you taking the. time to sit with me. Well, being a crazy Monday episode as usual. Unfortunately. what we're just given here cannot be.

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