White Girl Would Rather, Like, Eat Than Grow Up 💅🏻 | Financial Audit

I like to believe I'm a responsible. person. Uh-huh. That Capital One credit card was. supposed to be the emergency credit. card. No, it was Chipotle. It was Chipotle. It. was DoorDash and some Chinese food. Well, in the moment it feels like. purchases that are necessary. Chipotle How's Chipotle necessary anyway. whatsoever? What the are you. talking about? Chipotle is fuel. Fuel for power. Shut the up. Hi there. My name is Danielle. I'm 24. and I am from San Marcos, Texas. And this is Financial Oh.

I got it. There it is. Thanks Thanks for coming. here. I appreciate it. What do you do. for a living in San Marcos? I am a crash investigator and a trivia. host. investigator car crashes? Yes. Okay. Yes, it's it's. a full-time job? It is. I just recently got that one, too. It's pretty cool. I used to be a a. pit master at Black's BBQ in San Marcos. Um. Yeah, that's very different. Yes. Yes. Well, I graduated from Texas. State. My major is health science and. it's absolutely impossible to find a job.

that pays more than $10 an hour. Mhm. in like that field without experience. Sure. Um I really. Well, so you're not willing to put in. the time at that, you know, lower level. to build up the experience? Cuz you're. Are you not getting the experience in. the crash job, are you? I am. I am, believe it or not. The. company that I'm working for is a public. health sector. So, I'm actually in. school right now getting my public. health education and promotion degree. Um. I thought you said you graduated from. Yes, I graduated from Texas State with.

my bachelor's and now I'm getting my. master's in. getting your master's. How much are you. spending on school right now? Oh my goodness. And that could be good. That could be. good. What What was the master's degree. you're going for again, one more time? Public health education and promotion. Education. So, oh what does that look. like? What are you going to do with. that? I want to work for the CDC ideally. I. want to help make programs. Kind of So, like when the world fell apart with. COVID, I want to help aid in the world. falling apart a little bit less. So, I. know it's. So. you have to wait for the one every 100.

year pandemic to have a job? I guess so. Okay. One that will pay decently. What is this position called? I want to. look at like median pay. Oh, like the one I want to be? what do you want to be? epidemiologist. Oh, okay. And you can get that with this. master's degree? Yes. Epidemiologist. $81,000. $390 as of May 2023. And it tends to range from 73 to.

mid-80s, so median. apparently United States is around 100. 81,000 Sorry, $81,390. So. that's obviously a lot more than $10 an. hour. Okay. So. what's going on here? Cuz obviously so. you're in masters right now. You're in. masters with a lot of debt, lots of. different kinds of debt. We have like. all the variations of the little. collections that we can get it. You pluck all the debts out. So. what is going on? What are we looking at.

today? Oh my goodness. Well, today you're. seeing a lot of moving costs that I. are a lot. From where and why? I I will never. understand this. I I like I've moved. cross country and I did it for less than. $1,000. Like I'm I got I know everyone. wants to like hold onto their stuff and. like you know that makes moving. expensive. I sold like everything and. just packed up and said and I thought. I'm going to go start a life. And then. you just build the furniture over the. course of a year, but like what did it. cost you to move? And that's all your.

debt was moving? A lot of it was moving. you move from? Okay, so I am originally from. Brownsville, Texas. Of course. Okay, border. this giant move is just in San Marcos. Yeah. Two two to three hours north? Three to. four hours north? No. Well, so I I moved to San Marcos as a. freshman, but the it really expensive. move is actually just like. telling me literally going into freshman. year of college was this debt? No, no, no. The move into freshman year. No, it's even worse than that. You are just absolutely joyful, aren't.

you? Yes, um I smile when I'm nervous. Oh, wow. Yes, yes. Um no, the move was actually. just like a 10-minute move. Um yeah, it's bad, but. What. are you talking about? Well, okay, if it helps a lot, a lot of. this debt is divided between four. people. So. Well, how much did it cost? How much did. it cost you this move for 4 minutes. away? Oh my gosh. Well, so I moved from an. apartment, which is a really expensive. apartment, and I moved into a house for.

the first time. So, with moving costs. and everything, oh my gosh. What do you mean moving costs? Like like deposits and like pet fees. Okay, that's See, when I think moving. costs, I thought you're paying people to. pack up your sh. No. Moving in a truck and move to like a. different city or different state. Oh, no, I was moving down the street. just talking about just getting into a. new place, putting the security You. didn't get your security deposit back. from the previous place? Not yet. We literally just moved out.

everything about 2 days ago. Well, house for about a month, um but I've. been paying for two rents for the last 2. months. Oh. Um yes. So, why did you. Why did you sign up for this? Well, honestly, because I have never taken the. time to sit down and look at all my. finances, and I'm clearly not doing. well. And I think I need an eye-opener, seriously. Um. Okay. Especially because I.

A lot of these purchases that I've made, I genuinely feel like I need them. So, I clearly don't know how to cut the. fat off properly um on something other. than a brisket. But, yeah. So. Well done. It's a good one. The look of disappointment crazy. Well, it's just ridiculous. Paying rent. for 2 months as a student. I don't. Yeah. Um. So, like that's the dumbest thing ever. As an adult with a full-time job, maybe. I kind of get it. And you do have a. full-time job, but you're trying to do.

the school thing. I'm. I don't know. It may not have made. sense. Unless there's like a a reason. why we're saving more over the long term. because of the new place. That's where. we could make make it work, but. Mhm. Well, ideally that would be the. case. So, at my last place, my rent with. my bills and all that was over a grand. with utilities and such. Um now at this. new place, while the upfront costs were. a lot, the rent will end up being like. $569. So, it should be going down pretty. much, but I know that, you know, the. first few months are going to be pretty.

like making up all of the debt that I. put myself in. I did take out a pretty. large loan trying to move, but I was. think I was over-preparing cuz I didn't. know how much this was going to cost. you take out? What are you talking. about? Oh, I did. Your Your security deposit and You're. taking You took out a loan for? Yes. The Okay, how how much? How much. possibly? Oh my goodness. I think it was like. three and a half grand, I want to say. How much you making in this crash job? Um I make $21 an hour.

How many hours a week do you work? 40. And then I also do trivia on the side. Uh How much you making with trivia on. the side? $35 an hour and I work about 10 hours a. week. So, um each check I get from there is. roughly about like tomorrow I'm getting. paid 420. Got $550 then. Then payroll $2,852. Does that sound. like a normal month. for you? Roundabout. Okay. Oh, wait. Round So, like for the whole. month payroll for my crash job?

Yeah. Um probably for the whole month it's a. little closer to like 2,800. I get about. 1,400. $2,800 came. Oh, I misheard you. I'm sorry. It's okay. It's okay. It's okay. So, your total income that comes in. through both net is $3,402. Now, you had some Zelles coming in and. everything, and obviously spending went. out. What do you think went out? What do. you think went out in the most recent. month? Um went out in like what way? Sorry.

Number. Your accounts leaving. Debt. going up. What How much money was spent. overall? Probably most of it, honestly. That's not a number. Okay. Can I say 3,000? Sure can. Okay. The correct answer would be 12,000. Wow. Really? How the are you that far off? Yeah. Um. I'm really far off. I guess I thought I understood a little. bit more. I. How have you been surviving? Uh.

If you don't If you're that far off, how much in debt do you have? Total? Mhm. Probably like. Well, are we counting student loans, too? Cuz I I haven't really gotten a chance. to deal with student loans because I'm. still. you didn't send us a statement for that. So, without that, what? How much? Oh my gosh, probably like 15 grand. Okay, that one you're a little closer. on. So, you You're close to. understanding at least your debt. situation, but where your money's going,

you don't know. Not fully if I don't know. Now, for what it's worth, 6,400 went to. housing, but even still, you take that. and get rid of that. Minus housing, you. still spent 6,000 bucks, and you brought. in 3,402. Mhm. That's not sustainable. You can't live. off of that. That makes no sense. So, get rid of the unique housing thing, and. you're still by double. Okay, what if I were to tell you that. part of the loan that I used was for. auto insurance? Um and I do. That helps? Well, I I didn't plan on renewing at.

that rate, but it was pay like $150 a. month for 6 months, or I think up front. it was going to be like 780 something. And I get wanting to do that, but what. like what interest rate did you borrow. that at? And then there's minimum monthly. payments for that. So that loan that was part of the loan. that I had gotten for moving. Like I. kind of wanted to keep. Yeah, but didn't mean you have to use it. all. I didn't intend to use it all and then. And did you use it all? Yes.

Yes. Um that kind of finished off the. whatever I had left over from that loan. And I had anticipated like using the. loan and then whatever I had left over. right after move and all the double. rents, returning it and paying it. straight back to that loan. And then. I guess I can use the excuse life. happened, but auto insurance was a lot. more than I intended. I'm pretty new. with auto insurance if I'm being honest. Um and a lot of the things with the car, which I'm sure you'll see like.

Oh. Yeah. Oh, well, I'm assuming we have a lot to. get into. Yes. Okay. Well, I want to hear self-assessed. Where do you think you are in the world. of finances? Zero being the worst, 10. being the best, where do you think you. are? Probably like a four. Hello, look who we have everyone. Oh, well, I was going to pick her up and. show there's a dog here. I was going to. show everybody. So you think you're. four? You think you're straight down the. middle? Yes. You make right around the median. Uh well, the median monthly income of an.

individual in San Marcos is 3,950. Hello, come here. Hello. Can I see hello? Nice. She loves attention. She's got the. Here she is everybody. Here she is. What's her name for the audience? That is Miss Sparkle Pants. Miss Sparkle Pants, yeah. Oh, yeah, oh, yeah, oh, probably. Here she is, Miss Sparkle Pants. That's. right, you're so cute. Okay, we're going. to film an episode now. Uh but nice. seeing you, Miss Sparkle Pants.

Editors, make sure you're putting. sparkles all over the screen. I know but. okay. You can trust me. Okay. So, you're actually probably making. after taxes, you're making above the. median. Wow. individual earner in San Marcos. Okay. You Yeah, you're it all up. somehow. Yeah. If you want your free Hammer Financial. Score, it's free. Link in the. description below. And if you have. interesting stories, interesting. financial situations, opinions you want. challenged, and if you find yourself to. be an interesting person, apply to be on. the show. We're happy to have anyone on.

Calebhammer.com/apply. All right. Let's start the debt journey. Here we go. Capital One. So, why are we into the Capital One debt? And better question, what the are. you spending it on when it's accruing. fees, interest, and you're not And. you're only making. And you purchased double what you. put towards it. Uh you you you can cope. giggle through that. I get that. That's. why you're doing that. I'm not going to. allow that to piss me off. You're. coping. I get it. But why the.

Yes. Okay. So, that Capital One credit card was. supposed to be the emergency credit card. that you never use ever. no, no. Emergency credit card? Is that not a. Let's get rid of that Let's get rid of. that term. It is a thing in many. households, and that's why we're. Okay. Emergency fund. A stack of cash sitting. in a high-yield savings account that you. use only in the case of emergencies. I. get it if you don't have it and you have. to use an emergency credit card to save. your dog's life. I do get that. And then. you do it, and then you sacrifice. everything everything everything in your.

life to pay it off as quick as possible, and then save up for a fully funded. emergency fund. That's what you do if. you have to use an emergency credit card. because you don't have an emergency. fund. But guess what? You're just using. this on an emergency thing. You're going. inside getting a drink from the gas. station, going to the cinema, and going. to. What is this What is this John. Casablanca thing? That's what you're. doing. You're doing those three things. Those are not emergencies. Those are not emergencies. So, emergency credit card, go off. That's not true. What's John Casablanca? John Casablanca is an acting school. So,

I do love public health. That's what I. enjoy doing. That's what I went to. school for. Um but I would really like. to work in advertising. Awesome. Wait, did you say advertising school or. acting school? It's like acting school. So, they'll. teach you how to do commercials and. such. So, I've been. What is up with people in Austin? I mean. This is not an acting town, is it? I I thought it was, but.

What movies are made here? What movie studios are based here? That's true. Can I say Hammer Studios? Is that allowed? You can, but it's Hammer Media. Hammer Media. Sorry. It's okay. Plus, we're not doing a commercial. anyway. That's true. But I like the Taquito sign by the way. in the front. That was pretty cool. Isn't that pretty cool? Pretty cool. Hey, why don't show me your commercial. skills. Um um uh plug uh.

plug our budgeting course. Plug plug our. For the audience, let's see how good you. are in your acting skills. Plug the. budgeting course and the investing. course. Um what is. To the audience, hello. It it Oh, what? There you go. Okay, but. Yeah, plug it. But I don't I don't know. Get them to sign it up. And they're all. bundled together at a lower price right. now. Okay. Both of the courses. Both of the courses. Teaching you how to bundle, teaching you. how to invest as you know, and then you. get them for free cuz you're a guest on. the show. Give us your acting skills,

let's see. Okay. Hi guys. If you guys are interested in. saving money, go ahead. I'm sorry. I'm just nervous. Oh my gosh. I'll tell you how to not save money and. that's uh. going to acting school while you're. already in masters, while you're already. floundering the income you have, while. you already have debt, while you can't. pay off a car, while fees are accruing, while interest is accruing. Yep. Yeah, that's not how we budget. A past. due fee. A. past due fee. Is that on the Capital One or.

Yes. Oh. You know, I should. What are you doing? to turn on auto pay. Why do you not have auto pay on? I thought I. Okay, I like to believe I'm a. responsible person. Uh-huh, and yeah, that's good to have. beliefs about both, but that leads us. down the wrong path. That's great. That. historically has led to amazing. situations for everyone. Oh, yeah. It It led me to acting school. Oh, and how's that going? Well, Huh?

What if I tell you it's a work in. progress? I believe it. Well, I mean, that I actually did just stop doing that. purchase because I've been paying for it. and I thought it was going to be a lot. shorter than it was. Um. learned anything? You're giggly, bubbly, happy person. I'm sure everyone. absolutely loves you. Does I you Did you. get anything from it? Well, so. Wait, and you want to work in public. health anyway, so I don't understand. what's happening. Yes, you know, I kind of feel like.

with my life, it's like there's. something that I should be doing, right? There's the practical option, and that's. doing public health because I do I one. day I would like to have a family. I'd. like to have children, and I definitely. want to be able to provide for them. Um and doing things like going for. acting and just, you know, thinking I'm. going to be a star, like I'm on X, you. know. You're going to a class for it. It's an online It's a Zoom thing. So, they. So, you don't find that you have natural. talent for it? I I guess I just don't think that I'd be. given the opportunity because on paper.

I'm a nobody. It is what. going to cast someone based on going to. a class, though. It's going to be based. on talent. Well, they say that at the end of paying. for the classes and attending them, you. have to attend them. we go. That they will give you all these. auditions for you to go to, and I'm. hoping that that's the case, but I. haven't had the time. just canceled it. I did because I've been paying for these. classes and I haven't been attending. them. Um but. How long? Probably since like March. Okay. Um and it's $75 a week. And you're literally missing Can $75 a.

week, what are you on? can. That's a car payment. You can reschedule them um and I've paid. I have a bank. you rescheduled, like 50? No. Yes, and. And you're literally missing payments on. credit cards, so I don't think we're. doing $75 a week acting. Yeah, and that's why I paused it and I. was like, you know, if I catch up. Pause it. Pause it. Cancel. Burn. Oh. Well, I think it could be. Listen, I know a lot of people that go. to classes to do things that involve. talent, and then there's the people out. there that have talent that actually do.

it. Like. Yeah. I'm not saying you can't be an actor, but. I've seen the people go around them in. the. roller coaster of going through the. classes for the things that they wish. they were. better at. Classes for things like. education in terms of like engineering. and stuff, that's absolutely great. And. public health, absolutely fantastic. And. going to theater school and stuff like. that, that can be good and obviously. there's a lot of experiences in there, but I don't know, things that sell you. like this.

Yeah. This is what sketches me out. Like if. you were like at NYU acting school, it's. different, right? Yes, 100%. And you know, there's Again, like back to the fake I feel like I have. all of these different things. Like I I. love to cook. Um I'm a powerlifter. Um I. What? I applied to be on MasterChef and I'm. really hoping that I can be on it. actually in the next season. Gordon, if you're seeing this, I guess. Yeah. She won't stop laughing, so. if you like bubbly, Gordon. She's yours.

Uh. Well, I guess. I'm more of a Joe Bastianich fan myself, though. He's the scary one. He's a great man. He's the scary one. I think that you'd. get along with him great. He's cool. You have the look of disappointment like. on point. I think that I'm always expecting to go. bald in my life. Okay. Just cuz everyone. around me is, but I take finasteride to. avoid it. And that's been working, luckily, knock on wood. But. um people like Joe, he pulls off bald.

well. And I'm like, if I'm bald, I want. to look like Joe Bastianich. a nice earring now, too. I don't know if. you've seen it. It's pretty cool. Well, I don't know if I can pull that. off. All right. So, uh then we went to. Creekside Cinema to go see people who. are successful in acting. Uh and then on the way you stopped at a. gas station and got. some bottles, some drinks, some snacks. Yeah, I got a bottle of water cuz you. know. for my dog, for my dog. but like but $5 and you can get like the. like Texas star water packs, like a.

million water bottles, and just store. them in your trunk. Yes. And well, so my car doesn't have AC. and like just riding. water bottles. Well, yeah, but I don't want my dog to. drink hot water. Bring it with you from your fridge. Yes. This is This is stupid. You're literally. missing your payments. Yeah. You're spending double what you make, and you make above the median in your. area. So, I don't know what the. you're talking about. I figured you'd be pissed about that. No What do you think? That's. stupid.

Yeah. Well, death of a thousand cuts. And I know. what the rest of these statements look. like, so if it was just that alone, no, I wouldn't be. But it's not just that alone. Yeah. Plus it's a 30% interest rate, anyway. 30.74%. interest rate. Okay, so if I'm being real, I don't. Uh please. Yes, I don't fully understand how. interest rates work. Okay. Um I know another large charge on there. was for getting my AC fixed. We had this. whole car issue, which I'll tell you.

about once you yell at me about those. purchases. And I'm sure I will. Yes. Okay, so of your balance that is sitting. there, essentially you have to calculate. uh 30% of it is essentially amortized. throughout the year. It's divided out on. a monthly basis. So the balance that is. sitting here, it would essentially right. now the interest rate that would hit. $538.71. times that by. point. What was your interest rate again? That's what I'm trying to get. Point.

3074. So that would be $165.60. essentially. So I'm going to divide that. by 12. So it would break it out over. that time which would give you kind of. an an interest rate interest added on a. monthly basis like this next month of. probably $13.80. which exactly from cuz your balance was. lower last time, your balance is at 447. So when it calculated that, you had. interest accrue this previous month of.

$12.19. This video is sponsored by Taylor. Brands. Are you ready to start your. dream business but feel like the. paperwork and legal stuff is just too. much? Let me introduce you to today's. sponsor, Taylor Brands. Taylor Brands is. the ultimate business builder for anyone. wanting to start, manage, and grow their. business. They make getting an LLC super. easy and affordable taking care of all. the paperwork for you. And trust me, an. LLC is crucial. It separates your. personal assets from your business ones.

and you're not risking everything on a. bad day. When I started my business, I. wish I had something like Taylor Brands. Their platform includes everything you. need, LLC formation services, licenses, permits, even a unique logo design, and. website builder all in one place under. one roof. And for those who are all. about the details, Taylor Brands gives. you access to attorney-written business. documents and live consultations with. business experts. Plus, they offer a. free personalized business plan to get. you started. So if you're serious about.

starting your business, search for. tailored business builder or use my link. below for 35% off their LLC plans. because the best time to start building. your business is today and tailored. brands should be by your side every step. of the way. Don't forget to check out. tailored brands using the link below to. get 35% off your LLC today. So does that. make sense? Yes. So what would you think would be a. good interest rate to go for cuz genuine. I mean I I don't trust. One, I don't trust you in any interest. rates cuz you also don't know how to pay. cards. So I would do a charge card like.

the Fizz card that forces you to pay it. off on a monthly basis anyway. Okay. Uh and the interest rate that is good to. go for is more looking on the investing. side, the compound side. Say I open up. my brokerage Moomoo and I buy into the. S&P 500. At best, all up years, down years. combined, I'm getting a 10% return on. average on a yearly basis. A third. That's a third of the interest. rate that's on your card. Meaning you're. losing your best hope in like the. overall stock market.

by three times. Oh my god. So what interest rate is good? Things that are 4% or less. I wouldn't. trust you with them cuz I don't think. you know how to use them. So it doesn't matter whether or not you. have a good rate, you'd abuse it. Uh. But good. 4% or less on a mortgage, on a student. loans. Okay. On a car even, depending. Well, I see all those pieces of mail, you know, there's a million all of these. Oh, you got approved. You've been doing.

so great under this and that. So you. have all these credit. Oh, don't don't do those. Those Those. are like like uh. You've probably seen Credit One show up. I mean I I I. That's one of the things that that. Capital One was. I mean it's my fault. I. get that, but also I thought that it was. good cuz I've been getting good in the. mail. Don't Don't. You know why do you think. they're giving free money? They want to. make money. They're a company. You are. their product. That makes sense. their customer. Their product is the. card, but.

Yeah. I guess that's what I understood. it better. used and abused by the credit system. You didn't even know what an interest. rate was. So, No. you don't know. No. And that's okay that you didn't know, but don't think that you do if you don't. even know what an interest how interest. works. Yeah. Well, I honestly I thought. interest is kind of like a. you owe 30% more than than like what you. said you were going to pay or there's. something to it. In a way, kind of I guess. Yeah. See, this is why I need to take. I'm I'm glad that you're going to like.

you've been explaining this stuff to me. because I don't and I've never taken the. time to just sit down and look at all. this stuff and try to figure it out like. Well, that's why I'm happy you're here. cuz obviously you need the help. Let me. tell you. Let me tell you. Yeah, cuz you have a card that's almost. at its max. The next one, the Discover. it card. Why? Why is this so high? What. tell me the story behind this card? Why. are we at $4,449.43? Because I was a dumb 20-year-old. It was. my first credit card and. it very quickly added up.

Um and I that's. Oh my gosh. I feel like I'm going to be. with. what though? It quickly added up with. what? Rent, things. Rents on a credit card rents on debt, okay. Yep. Again, I don't know what income you made. then, but you do not make a. insubstantial amount of income. Oh, and even then I didn't make I made. less. That's when I was working at. Black's Barbecue. And so, I was making substantially And I. wasn't doing trivia on the side either. So, I was making substantially less. Um.

I'm sure you're great at trivia. You. have a personality that'd be really good. as an MC. Oh, thank you. You're welcome. It's a lot of fun, actually. I have a. whole tournament if you want to come and. do. I'm sure. I do like trivia. My friends. and I we do trivia. Okay. a second, but we do. That's cool. I think also that job is. kind of what what led me to think maybe. try acting school. Really? Yes. Well, okay. My. Okay. Well, let's not going to those. dots again. Okay. noted. Let's connect the dots on how stupid. this credit card is and how. you're basically at the max. And that you have a $125 minimum monthly.

payment. Yes. Which is, you know, once you start. stacking up it starts getting rough, but. even still with your income you should. you should be able to be making more. than your minimum monthly payments. Oh, it looks like you put an extra $10. towards it. Wonderful, but $104 of. interest accrued. $104.12. Now, thank you for not purchasing on. this card. Yes, well. Well, because it's at it's max almost. I've been trying to like literally just. like that's like the no-no card and. until. The no-no card? How long has it been the. How long has it been the no-no card? Cuz. this app maxed out basically.

why it's a no-no card. Like I just. Since when has it been no-no? I mean since I maxed it out. I've been. just trying to. When did you max it out? I think 2 years ago. No, you haven't you haven't only been. paying the you No. No, this hasn't been. 2 years of payments. That's impossible. to you. I I'm so I swear to you. You haven't put a single cent down here. in 2 years. Not not. And you've only made a few hundred. dollars of progress. It would take eight. It would take 18 years to pay it off. only doing the minimum monthly payment. 18 years to pay off. I think I paid I paid a really.

I paid a really large amount. Half of. that was damages to my. to my previous previous apartment. Um, it was ridiculous. Really really bad. Highest damages ever. So, I definitely. did not have to I think it was like. 2,300 lying around and so. that's where that came from. Um, and now. it's the no-no card because I cannot. Obviously, I have no room to spend on. it. I actually I I don't even have that. card right now. I haven't like I lost it. cuz my wallet got stolen a while back.

and I haven't even activated another. card like that because I'm just trying. to pay it off and I genuinely like I. don't know. if I should be paying more than the. minimum. to pay it off. You It doesn't look like. it. Fair enough. I guess with all the other I don't know. how much to do with all these. if If going to take 18 years. 18 years to pay this off via the minimum. monthly payment. Okay. So. 18 years. don't know how large of a payment I. should be making on. Well, we're going to talk about that in.

the end when we go through your budget. and then your debt payoff strategy cuz. this is dependent on your entire. situation, but you know, likely if we. went avalanche you would want to start. attacking this thing crazy. Yes. It says your credit score is a 628. Oh. I try well cuz I try. Happy with that? Well, no, but it was much lower. not that long ago. Um. Thank you for not missing a payment on. this. This one's still at 28.24%. interest. Oh. That's why. you understand now what interest means a. bit more? Yes. Um you know, for a little while.

that that was like the student card, the. Discover student card. Um so there. wasn't interest on it for a while and. then I think. Yeah. I had like a year or something like. that. a compounding thing like I explained in. the market. This that 28% you're not. just paying that on the current balance, but as that is amortized throughout the. rest of the year and adds the interest. that adds the interest to the balance. and then you're paying interest on top. of that new balance. So you're paying. interest on the interest that accrued.

literally just paying interest like. every month? It says compounding. Yeah, your money's. basically just going to the interest and. then a little bit of principal. essentially. I had no idea. That's terrifying. actually. Well, I I mean that card has been. like. the number one again like with it being. the quote-unquote no dough card. I just. like. No, no card. That's I know. No, like that's. This is the. card. It's destroying your life. No, seriously. I mean I and I get it. I.

you know, my my parents warned me with. the credit card you got to be careful. with. you listen? I really thought I did and. Send this to every 18-year-old out there. just that just turned 18. No, seriously. That credit card, I mean. it's been such a pain in the ass, seriously. Because I and I again, I know. you said we're going to talk about it in. a little while, but I don't know how to. navigate like. how much to make it go lower. First, we have a USAA card. U U S A A. Well, this balance is basically the. same.

So, this is just going $4,414.75. So, these balances they're just going. up. Yes. Yes. So, the I initially got that card. to help with my previous move from. New purchases, you. I don't get it. Again, I want to see you. do so well, just like any guest on the. show. Do you mean. Sorry. I've been trying to use the USAA card. throws me off. I'm sorry.

No, it's okay. I'm just like I'm just. like ah. I've been trying to use that more for. like gas and stuff or what. You have an available credit of $85 for. your gas. How in the world does this. make sense? Mhm. So, it's because the interest rate is. zero, right? Yes. Uh guess what? In November, it's not. anymore. Oh. And you're keeping your balance at the. back. So, you're going to allow what? A. 30% interest rate to kick in? 22.15, still bad. You're going to since you're allowing.

instead of taking advantage of the 0%. you're just keeping it. You just keep. bouncing it right to the ceiling of the. credit limit and you're allowing that. interest to start accruing in just a two. what? Two months? Two and a half months? Three months? Yeah. Wherever we are. You're lucky there's no back interest. What's back interest? Doesn't matter cuz you don't have it, but essentially it's interest that is. accruing on the back end. while you're at 0%, but if you pay off. your card by the promotional period.

ending, you don't have to pay the. interest, but if you don't, all that. back interest comes in to pay it. Okay. That's not something you're dealing with. here. But also, just don't take on any credit. cards. You're not a credit card person. I don't want you to have to deal with. that anyway. You wouldn't know it You. wouldn't know what you're doing. And. that's fine. And that's fine. You don't need to be a. credit card person. Not everyone needs. to be a credit card person. Course Careers needs to come out with a. certification on how to become a credit. card person. You. The people over there, listen. Listen to. that. Make that. Maybe I'll have to. It's the John Casablancas. That's the.

one that has a bunch of those purchases, right? It's like that I think I'm pretty. sure that's the one that I've been. putting. Yeah. But you said it was rent. I thought you. said it was the move. Well, no, no, no. That was the Discover. one that had a lot of them the the. damage cost. Yeah, Casablanca Casablanca Casablanca. Yes. Yes. That's. All of the Casablancas. I think it's like. I want to I just looked at my account. when I was canceling it. I think I paid. off of that card 1,200 of that is. Oh.

Actually, I think it's 15. Something that's like a hobby? I guess I really wanted to believe it. wouldn't be a hobby and. do you want to do more? Public health or. that? I don't know. There's so many like. Okay. You're about to make so much fun. of me, but it's like. having. to sit down and just do one thing every. day until I die. why do you have to spend Okay, I get. that. No pursuit in the side, absolutely. once you are out of debt and you have an. emergency fund as long as you're. contributing to retirement. Yeah, do it. on the side. Absolutely. Absolutely.

Absolutely. In fact, I wish I could. start doing music again on the side. I. would just like kind of beat on it. Yes, it is. It is. But. But it's on the side. I'm not going out. there and I'm not dropping. $3,000 on learning how to write music. again. Yes, well, the way they marketed it, they were like, "Look, you're paying all. of this and this. However, you know, once you get one gig, that's like $600. That's going to You're going to get all. of this money right back and pay off. your card.". knows exactly the people they are.

selling to. Yeah. Ugh, me. Well, and I didn't realize how. much of an idiot I was until. I mean, recently when I see that I'm. paying for all of these classes and I. haven't even had the time to attend it. and I immediately was like, well, I definitely invested in something that. I I mean, I really wanted to believe. like I would be there every weekend. doing it, doing the thing, but. it has just not been feasible for me. How much can you powerlift? How much can I like how much can I lift?

So, I squat 292 lbs. Can you squat Noah, the producer? Probably, I don't know. You want to get squatted in the post. show? That could be fun. We'll see if she can. squat the producer in the post show. Cool. If if they both consent, if they're if. they're both okay with it. I I bench 190 lbs and then I deadlift. 347. lbs. Wow. Thank you. Actually, I just competed. I. used to be the president of the. university powerlifting team, so. It's.

pretty cool. That's what I. you, Mr. President. Thank you. But, I I just did a competition not long ago. and they were giving out money. I really. was hoping I could be one of the people. to win money from that competition, but. I just didn't make the cut. Okay, so your minimum monthly payment on. this Well, it's marked at zero cuz you. made a payment at the time of the. statement being hit. What's the normal. payment on this minimum? I use Well, the minimum is. uh probably like 20 bucks, I think, but. I. Okay, that's going to contribute to.

that. Well, but I don't pay the minimum. payment and so I. No, that's fine. You pay a little over. on each, but it still takes 22 years to. pay this one off at the minimum monthly. payment only. Okay. Upstart. What do we have an Upstart loan. for? Upstart, that's the one that I did all. of for all the move-in costs. That was. the one that I told you I finished off. with the. Hey, and the minimum monthly payment for. this Upstart is $122. Now, that's chunky. and 41 cents. What's the balance on the. uh. Yeah. You just started this and it's $4,300.

You have so many $4,000 loans. You're. addicted to $4,000 loans. If you see a. loan that has the ability to have. $4,000, you're like, "Sign me up.". Can you take $500 off of that, though? Because my boyfriend um he. he didn't have the best credit score at. the time, so I wanted to be helpful and. I told him like I'll get. Did he pay for it yet? Yeah. He gave you $500. No, no, no. He's he's helping contribute. to the monthly payment every month. would I take $500 off of that? If he's. just contributing to the monthly. payment, that's still the balance you. owe. Yeah, well. How much do you put towards the minimum.

monthly versus him? For this one? Yeah. Um well, since I just started it, I'm. just doing the one the $122 and he's. You said he's adding more. No, he's paying part of the $122, too. Yes. How much? Like. 50 bucks of it. And then he'll stop making those. payments when he reaches 500. 50. So, for a bit, you're paying $72.41. of your own money. Okay. A two payments so far out of this.

multi-year loan. Yes. Well, I am. This is insane. What's the interest rate. at? What's the interest rate at? I don't. see. What's the interest rate at? I want to say that they said that. they're they was just like a big sign-up. fee and there wasn't going to be one. Oh, what was the big sign-up fee? Cuz. that may as well have been the interest. baked in up front. It was like 300, I think. So, you borrowed 4,000 and then 300 was. the fee? You do really well with the calculator. You'd be a great math teacher. No, I wouldn't. I can't do math. That's. why I'm using the calculator.

Fair enough. 7.5%. essentially was added onto this. I felt like that loan was an emergency. one because I knew I didn't. Emergency Emergency You moved out with. having to pay two things that you. couldn't afford. It was stupid. It didn't make sense for your situation. at the time. Everyone's while yes, some. people have have do that, and maybe you. did, but it's still. you didn't go about it the right. Even still, that's why. How. How long were you working at Blacks?

3 years. You could have had an emergency fund. You could have paid for this in cash if. you really needed to. So, this is this. emergency loan is this. I Well, I honestly I didn't anticipate all the. like the deposit and all of that to be. as much as it was. talking about? Did you not ask them? What the Do you mean? You borrowed the. money without knowing how much this was? What are you talking about? It's like. buying a car without knowing the price. Oh, I'm going to buy this Lamborghini. Oh, this was $200,000? No, well. Well, I thought it was 50. It was like first time moving into a.

house and the lady, which for the. record, they do not communicate well, um. but she made it sound like. let's borrow for that. Well, she I thought it was going to be. just a deposit and then a pet fee. A That's it. You can read the contract you signed, my. dude. You have the ability for English. to be read. Well, I actually had to call them and. correct it. because they tried to pay me double rent. at the new house and I was like, this is. not right. Like you're not paying me a. pro-rated rent. That's ridiculous. Um. so, I had to call them and they got that.

fixed, which ended up being I think it. was like 1,800 divided by four. Um. but yeah, they tried paying me or make. charging me for way more than I had. anticipated and I literally had to be. like, dude, like. I don't know if it's because I'm a new. homeowner and you know, it's easier for. them to. Homeowner? Or not homeowner, home rent renters. Sorry, I I don't. I'm not really familiar with the home. stuff. I. So, we're learning to do something we're. not super familiar with. I. American way, baby.

Like I'll be the first to admit I am way. too prideful and the whole reason with. my other house and even not house, my. whole apartment and this house is I was. in a previous relationship where that. person and then his. They can't you know, he had a house. I. think he got like $10,000 for he got to. pay for a house. It was like a family. loan house. And I was paying at my. apartment and his family wanted me to. break my lease and all of that and move. out of my apartment, which it's a good. thing I didn't.

their family wants, but go ahead. Well, they always made me feel like. because I did it my Oh. Oh, yeah, then I would break up. Well, yes. Well, they'd make me feel. like because I had an apartment and they. had a house and this and that. And so I. got. looked down upon you? Oh, all the time. Cuz you had an apartment, what? Maybe. you want to be in a more walkable. community or maybe you want to be closer. to people anyway. Like there's many. reasons to live in an apartment. into. Maybe you wanted to live a more. transitory lifestyle. I moved into that apartment because it. literally is right next door to Black's. Barbecue. And when I first moved there, I didn't have a car yet. And so I could.

just walk to work every day. Um and I would try to explain things. like that to them and they literally. would just constantly say, "Oh, you're. just in an apartment. You just work at. Black's Barbecue." And that was really. infuriating for me and I did after I got. to. the boyfriend was okay with this? Oh my god, yes. Total mama's boy like. Well, I should have. Now now it's been 2. years since he broke up, so now I can. see that. He broke up. Oh, yeah, he left me. He literally left. all of my on a driveway. It's a good.

thing I didn't break my lease at the. apartment because then I would have been. homeless. Um so I moved out because he. wanted me to get rid of my dog. Um and I. didn't want to do that. What? Yeah, they wanted me to get rid of my. dog. Communist? No, seriously. Those were freaking. horrible people and I still feel much. disdain for them. Oh, now I dislike them cuz how do you. dislike a dog? Yep. Yeah, no. They wanted me to get rid of. the dog and then they tried being like, "Oh, you I cannot believe you would pick. a dog over a boyfriend." I would like I.

was like, "What boyfriend makes you pick. between your dog and you who I the dog. I've known longer, I've had longer?". Why would they want you to get rid of a. dog? They said that she was destructive. She. was an outside dog. Uh she definitely. this pup? No, no, no. Oh my god, no. I. I I bought a golden retriever at the. outlets a couple years ago. not destructive? Well, she's just really hyperactive. I. guess she would like rip things up in. the yard. Trivial things I felt. Once. they got into a fight and it was. are expensive. Did you just adopt it. from like a shelter somehow?

No. Um, I saw her in the shelter. She was. the cheapest dog and she was huge. the cheapest dog, a golden retriever? Yes. Well, they had like these little. like pugs and stuff that were like five, six grand and I was like. golden? She was $1,700. How did you pay for that? I was the first loan I'd ever taken out. I got there. Well, they were like, "Look, you can finance. it. She's on And you know what? We'll. take $500 off.". I walked into the outlets and she was in. this little tiny little hole and I was. like, "You know, she's cute. I could use.

a dog and she looks like she's. suffering." So, I. Is she alive? Yes. Yes, I actually I I She lives She. lives with my mom now. Um. She's still destructive? Not Not as much. I actually I just took. in her puppy like 2 days ago. I have her. puppy cuz now I'm in a house so I have a. place that I. She got knocked up? She did. She did. Why didn't you fix her? Well, my mom had anticipated getting. fix her? Well, I didn't get her from the shelter. I got her from this puppy store in the. outlets. I didn't get her from a.

shelter. Yes, I made the mistake of walking in. there and she was the cutest thing ever. and they were like, "You know, she's. only going to be like. still have the the this golden retriever. debt? The debt, yes. And she lives with your mom? Now she does, yes. So, Why? after I got kicked out of that place, um, I had initially gotten her, her. name's Millie, when she was a puppy. Um, I lived in a studio apartment at the. time and then it moved to a two-bedroom. I moved in with that guy and so Millie.

was able to be in He had a beautiful. yard. The the ex? Yes, the ex who ended up. Okay. Yes, yes, yes. Um. he would let her be in the yard and. stuff. Um but after I got kicked out, I. was back in the apartment and I was. working a lot and I wanted to do the. right thing for my dog and I didn't want. her to just be stuck in an apartment. when I was working all day. My mom has. this giant beautiful like waterfront. Resaca with like a pool and she offered. to help me with her and I was like, "Are. you sure? Like I'll still pay for her. Like.

can't believe you still have this loan. When did you take it out? Um I got her when I was 21, I think. So, it's been 3 years. and you still have this $1,200 loan or. whatever? Uh it's 17 and I I know it's not that. much of a difference, but um I'm almost. done paying her off, actually. I'm. really excited. This is insane. Yeah. I have about. borrowing for everything. From moving to. dogs to. everything. Food. I thought I was doing. Acting class. I thought I was doing something great. rent. But clearly, that wasn't the case. Um.

but yeah, I I she now lives with my. parents and I am still paying her off. cuz I was not going to ask my parents. They were already helping me by giving. her a beautiful home. I wasn't going to. have them pay for. um her the loan that I got her with. Okay. Let's let's keep going. If you're a business owner, I've got a. game-changer to cut costs and increase. efficiency in your business. NetSuite by. Oracle, today's video sponsor. NetSuite. is the number one cloud financial system. integrating accounting, financial. management, inventory, and HR all into.

one platform. Think of it as your. business command center handling. everything. And NetSuite also cuts IT. costs significantly because it's fully. cloud-based. No need for multiple. expensive softwares or hardware. Just. log in to one place from anywhere. Managing multiple systems can drain your. funds faster than you can say. "taquitos". NetSuite simplifies this. with a unified suite reducing costs and. hassle. It boosts efficiency by. integrating key processes, cutting down.

on manual tasks and errors. This means. more time for growing your business. And. it's not just me. Over 37,000 companies. have switched to NetSuite, seeing real. profit growth. So, don't miss out. NetSuite extended its unique financing. program for a limited time. Head to. netsuite.com/hammer. for details or check out the link in the. description below. That's. netsuite.com/hammer. Start saving and enhancing your business. today. And thanks to NetSuite for. sponsoring this video. Easy Pay Rental. Purchase Agreement.

So, this is a rent-to-own. type of thing? Oh my gosh. So, Wait, what is this? in the midst of all of the moving, my. car broke down. Actually, the same day. that I came to get my key for the house. It broke down here in Austin. Um the the. radiator went out and my AC was uh I had. just fixed it. It went out again, too. Um but I was dealing with that. That was. fine. I went to Midas here and I spoke. to this guy and you know, there's a. whole signs under new management, all of. that. Um he gave me this giant bill um.

that I did not have the money for. But I needed to get. get quoted before? I mean, he said that it was going to. probably be like 2,300. Um. How much is the car worth? I think like five grand. You put half of the value of the car. into a repair? I didn't feel like I had a choice. And. you know, honestly, no, back back to me. being prideful. I know I probably could. have asked my mother for help. But my. dad had just gone off of, you know, out. of a job. So, I really didn't want to.

What is this? 50% interest rate? 100%. interest rate? What is it? You you you. $2,550? The man assured me that. Total payment is $5,905? So, I didn't know that literally until. yesterday when I sent that document. get this done? I kid you not. So, this happened right. when I moved, so like a month ago. Oh, I have a headache. Well, I called I talked to the man and I. told him like I don't have the money for. this fix. I don't want to ask my mom for. help. And he was like, "Well, don't. worry. We have a financing option.".

Better not worry. Well, and then he assured me he even. spoke to my mother on the phone because. Oh, good. Yeah, so he was like, "Look, this is. what I This is what I would do if it was. my daughter. Like, I would not do this.". Cuz he's a. Well, he assured me that I would qualify. for no interest. I wouldn't have any. interest on this car repair. Yes, and I. can see that now. Clearly, it was. But, he assured me it was just going to. be the 23 something. And if I paid it. off within 90 days, which I think is up. in like a month or two. Okay, why am confused? What was this. What was this on again? Because Okay, here's the thing.

Uh. the cost of rental. You're right, there's no interest. It's. the It's the cost of the rental. I mean, that's what it is. I mean, that's what. they sold you on. The what you owe is. 2,550. And then there's essentially a fee. of $3,354. Now, this says if you pay all regular. payments and the processing fee. Regular. payments of $112 bi-weekly. Wait. Yeah, it's that's all on.

years, but it what Is there an early. payoff thing? That's what I'm. I think it might say within 90 days. Again, I just saw that yesterday. 90 days? If I can pay the 29 or 2,300 within 90. days, I think that then I don't have to. owe the rest of that. Really? And if there's a way that I could. possibly afford that, I would love to do. That's interesting. That might be our. goal because this adds $3,354 to your. debt if you don't do that. I don't see. that in.

I've see They've said nothing about the. or interest. this page, so. Oh. Oh, and the minimum monthly The. minimum bi-weekly payment does not. include the processing fee of $39. Uh. I didn't know that. I guess I feel like I was misinformed in. that, and he assured me that everything. was going to be okay. And he even fixed. my AC. Pulled it part. He offered. He. said he was being nice to me. Oh, he was being real nice. out the messed up part. He's like, "You. see this? This is why the last stupid.

handyman like messed up your AC. But. look, it's broken right here. I'll fix. it. And you know what? I won't even. charge you labor.". Oh, he did his job real well. What was. his job? Salesman. And yeah. Well, he made it sound like. he's like this concerned dad who would. never cuz I told him. fall for that. I thought I mean there's. Listen, good for the sales industry that. there are apparently people that still. believe that. That's an I promise that's just not how. like just if anyone ever tries If anyone. has the incentive to do sign up for a. program or has the incentive to, you. know,

charge more than the thing is worth. and they go, "Oh, I feel bad for you." I. promise that's not their intent to just. be a good guy. Yeah. Like my. I I You know, and I I I think what's. most upsetting about that is I told him. in the beginning I was like, "Hey, like. I really I I I told him I would prefer. to speak to my mom before I agree to. anything because I'm not that familiar. with a lot of these auto things. And I. do feel like I don't know anything about. cars, so it's easy for them to be like. you need this.

you go with someone who knows something. about cars? Is your dad? Um my Well, my mom handles all of the. finances in the house. That's not what I asked. I didn't ask. about finances. I asked about car. Oh. Um. I don't know if my dad knows much about. cars if I'm being honest. Um. We tried calling my Uncle Matt. He's. like a giant uh. He works on like industrial engines and. stuff. And he said that if what the man. said was true, then to go with it. But it wasn't.

Why? You have the easiest to sell to. family. Everyone in your bloodline is the most. sellable people ever. $303.62. a month. When does the 90 days end? If that's. even the. case. June 14th. Um so it should be in. Okay, so we have about a month. I have about a month. Okay.

I mean, if I have to pick up extra shows. or something, I can do that. Uh, job. I genuinely I don't. wait, what is this? Easy pay leasing? That's the rest of it, I think. What? Rest of what? Is there more? Like this is the paper, I think. Like it. goes with it. I still don't see anything about a. 90-day thing. Oh, okay, wait, the processing fee was. only on. the total. of the radiator and thermostat. It's not. on every payment. So, let me get your.

correct minimum monthly payment. Looks. like you're going to have to pay the. processing fee once, though. Okay, your. real minimum monthly payment is. $225.62. I'm sorry, you guys hold on. Let me see, you have two cute dogs. Is that it? Is that all you got? No, it's not. You have student loans. I do have student loans. What is the. had to pay anything. Yeah, but what's going on? Um, I was actually really lucky. My dad. let me pay. through my undergrad for like Oh my god,

I cannot talk. Pay for my undergrad with. his Hazelwood. So, I didn't have to take. out very many loans in undergrad. So, it's. Very many. So, how many did you take. out? one out. How much? Seven grand. It was just enough to. Casually. My goodness, money means. nothing to you. the time I didn't I didn't know any like. I didn't pay rent or anything or have a. job quite yet when I took that out. Did you have to take it out? My mom actually told me that I should. take that one out. Don't ever listen to your family about. money again.

Oh, but. my mom does really good with money. Well, I don't think so. If you If you. dig deep, I doubt it, unless she's just. making way too much and is her stupidity. hasn't caught up. If she thinks that. financial stupidity, I'm not calling her. a stupid person. that's not very nice. Buddy, you got into a over 100% interest. thing with your car with her help and. taking out student loans when you had no. life expen- expenses. Well, Yeah, that's stupid.

She just told me today when we were. talking about the car thing, she was. like, I really wish you, you know, maybe. we could have thought it over more and I. could have just sent you a credit card. and then you pay the credit card instead. of. that. I just. I just really didn't want to ask I felt. at the time that I didn't want to ask my. mom for help because she's helped me so. much already. I just. It's okay to ask for help as long as. you're not abusing the help or getting. enabled. It's okay to ask for at least. advice help. That's totally fine. No.

more listening to them. I just I don't think they know. or maybe they're they don't know your. situation or maybe they just think of. debt incorrectly and the fact that. $7,000 of debt was nothing to you? Well, I guess I. That's insane. So that. much have you borrowed for grad school? For grad school, so I'm in my. second semester now, so I'm probably at. like. 10 grand for all of my classes for for. grad school, but I'm. So you're going to be at 20 by the end. Yes.

But I'm almost done with grad school, so. I should have my degree here very soon. Wait, but you're in your second. semester. How many semesters? It's four. Um but but my last semester. is only like one class cuz I've been. taking full time. It will be $20,000. That how much are. you going to borrow by the end of it? Yeah. So $27,000 in student loans, great. Is that like really really horrible? Not necessarily, but it's debt that. wasn't here. Wasn't in our calculations. You acted like the $7,000 was a nothing. Plus sometimes the loans that you're. getting for grad school can have a. little higher interest. Um I will say that with my job, they are.

going to be paying back for. um. they're going to be paying me back for. the class like reimbursing me because. it's in public health. Wait a minute. So. What job? Um in my crash investigation job. for it completely? They will pay for one class a semester. So, while I am going to have to pay with. the loan up front, they're going to. reimburse me. How much? How much will you get. reimbursed? Um. Best guess across the board. Dollar amount. Oh my goodness. Um. I guess for the end of that, probably.

like six grand of it. They said they. would pay that. And and it gets better. And it gets. better. Well, you're going to do public student. Oh. No, I have a grant. So, I'm really only. going to have to be paying um for one. class for the next two semesters. So, I. really have to pay for four classes. total. That's. what. Each semester for two. So. Okay. Uh that helps. Don't get me wrong, that. helps. It just you made it sound like it. was a little more than that.

I guess I just see it that it was like. 18,600 for your student loans. Okay. By. the end of it. Okay. By the sounds of it. Maybe you'll do. some public student loan forgiveness as. well, but again, you know, it gets a. little sketchy administration to. administration. I know the the approval. odds are really low on that, but that's. usually because people are incorrectly. applying, people that don't qualify for. it, so it brings the the That's why the. percentage of people who've been. approved are so low. Um so depending on the administration. and everything at the time, you never. really know. Everything student loan. thing is getting it's a constantly.

changing administration to. administration, court case to court. case. So. I mean, I got really lucky. I I started. grad school like cuz I took a year off. of like so right when I was about to. have to start paying the loan. What? Oh, no. Oh, no, what happened? How the did you end your. checking account at negative $229? What. the are you doing? Um yeah. your life? You make You make a. non-insignificant amount of money to do. this. I promise that the next day, as soon as. I saw that, I paid it off. Paid it off? What do you mean paid it.

off? This is negative in your checking. account. Hey, what the are. anymore because. Why didn't you make it not negative in. the first place? I didn't know that it was going to do. that. It was a spectrum charge moving. into there. They did a a giant fee for. going and setting up my Wi-Fi at the. house. This is How much? I think it was like 100 bucks for them. just to go set up Wi-Fi. Okay, well you're negative 229. So what. was the other 129 dollars? The rest of it was I guess the the plans. or something. They they. The Wi-Fi plan I. You had zero dollars in there and then.

you go went negative 229. Like even. that's still. Didn't I didn't realize that they were. going to charge me that. at a thousand. 300. It's still not better but if if I said. it was more like negative 70 would that. be because again I didn't know they were. charging it. about that. It's about this and watch. this. This is going to this this is. what's going to with me. No, it was Chipotle. It was Chipotle. It. was going in and getting a. drink. It was Amazon. It was Door. Dashing some Chinese food. Murphy Express that's likely gas.

actually. Ross Stores, vending machine, Pizza Hut 20 bucks. Black's Barbecue they used to give you. money. Stop giving them money. Dutch. Bros Cash App and out 38 dollars. Chick-fil-A, Chipotle, Microsoft. Ultimate Venmo went out 250 dollars. Cash App and out 30 dollars. Chipotle, The Grill Grist Mill. Target. you never really know whether it's. groceries or what. Restaurant.com great. that sounds delicious. Italian Gardens.

better than Olive Gardens. I was actually getting coupons on. Restaurant.com. Yeah, I'm proud of you. You have no. money. Shut the up. Marshalls, Marshalls, Ross, Hulu. There's nothing except for The. Handmaid's Tale on there anyway. Fork. and Spoon, Pizza Hut, Door Dashing. Taiwan Rainbow. Negative in her checking. account. Let's Door Dash that makes. sense. Great. Church's Chicken, purchase. overstock, going inside a gas station. getting some BS sweet treats. San. Antonio Aquarium, nope. Spotify,

Chick-fil-A, Chili's, Chipotle, Cash App. out $150, Venmo out $20. Who knows where. that goes when Amazon. Amazon, Starbucks, Pet Camera. subscription or you got a camera and. Starbucks and Netflix and went inside. and got some bull got some drinks, got. some sweet treats. Apple bill. subscription recurring subscription. $9.73. White Pages subscription of $63.71. What.

the are you doing there? That's for my job. Your dog? My job. Taco Do they pay for it? Yeah, they actually did. They gave me a. $50 check. Well, it was meant to be for. my. for my phone bill that month not phone. bill, but they they gave me a $50 phone. check. I just started getting that like. literally that month. So, the White Pages, they weren't going. to pay for it, but I decided I would put. my. phone check that month into that because. it makes my job a lot easier. Well, guess what? Taco Pla- Pollo en.

Grande order, Alpha. uh-uh. Have you tried it? No. Alpha Strike Games fireworks, uh. Mexican restaurant there, Starbucks, McDonald's, Cash App out $20. You cash. up out every second of your life. Mexican Steakhouse, Vans BBQ, Chipotle, Tacos again, Sonic. You're going out to eat every day of. your life. So, you you're negative, you're missing your payments. You know why you had to borrow to move? Cuz you're going out to eat every second. of your life and you have a million.

subscriptions. So, I no longer have. sympathy. Furlotti, Venmo out $150. Church's Chicken, Furlotti, Cody's. Bistro, Chipotle every day, sometimes. multiple times a day. So, Amazon, Zelle out $40, Zelle out $15. Bull- bull- bull- Savings down from. $2,000 to $18. So, wonderful. Life is. great. That was a joke. That was the spending. of a child. You didn't have to borrow. cuz you didn't have money. You spent all.

your money. You make more than the. median person in your city and you spend. it. You had to borrow $7,000 for. undergrad cuz you spent it. Yeah. I. So, what the can I do cuz you don't. care? You're going and spending. everything. Uh. I mean, I need to have more. self-control, clearly. Oh, but in the moment it feels like. purchases that are necessary. And. Is Chipotle How's Chipotle necessary. anyway whatsoever? What the are you.

talking about? Chipotle is fuel. Fuel for power. lifting. up and get a pack of damn sandwich. Protein shakes. I don't like protein shakes. give a. You don't like money, apparently. I love it. You don't like having a financial. future, apparently. Well, I think that's why I'm here. No, that's not an answer. That is not an. answer. No. No. These were your actions. I am calling out your actions. That's. why I'm here. No, that's not an answer.

That's not a get out of jail free card. So, what have you been doing? Why have. you not cared? And why is now different? Uh I think I have thought that my. financial situation is a lot better than. it actually is. Um a lot of those. Really? Okay. Well, in the last 30 days I have been. spending a lot like that. Ross, um a lot. of those large Venmo purchases are for. furniture and things around the house. that. $725 going out to eat. Yeah. Okay, yeah. I don't have an excuse.

for that. $839 in miscellaneous things. that really don't improve your life. This is stopping, swiping, subscriptions. It's I guess those are like the little. things that add up and I don't realize. that they add up until my bank account. is very low. combined those together, right? Or. $1,600. I can't even believe it's that much. I. mean, I figured that a lot of it was. going to be on going out to eat, but I. didn't know it was going to be like. that. And then lots of Walmart, lots of. Amazon, lots of Target, Walgreens, CVS. You never really know what they are. You. can get anything from those places both. for needs.

Mhm. And if it's all needs, you're. overspending. $650 at Walmart. And then subscriptions, 66 Xbox, miscellaneous, movie theater, the Ross. and Marshalls and Overstock and aquarium. and GEVC and the pet camera on Apple. bills and white pages, which we got. reimbursed for that and Alpha Strike. games and fireworks. It was the 4th of July. give a There's more of them. Congratulations, America ages a year. once a year. I was just trying to make us feel like a. family in the house because I'm kind of.

like the one that brings everyone. together in that aspect because I live. with three gamers and. I find that family things I was raised. You can launch fireworks in Minecraft. No, it was it was a whole thing to. celebrate together. Cool, have them chip in. Well, I I want to say that they they. did. Girl, the money in your checking account. is negative. Okay. I don't give a. about fireworks. when our negative. And I've had people criticize this show.

and say, "Oh, this person in front of. me, they're doing bad because of the. system. They're doing bad because people. aren't making enough money." You're. spending all your money going out to. eat, getting fireworks, going to the. movies, going out to eat once or twice a. day, subscriptions, video. games. It's not the income. You make. more than the median in your area. You're doing fine. You've had college. paid for. You've had your needs paid. for. You're spending everything. This is. all your fault.

Not saying that as a put you down, but I am saying that as you need to. recognize that this is all your. behavior. Because then you can actually address. the main issue here, which is that. behavior. If you think the whole world. is against you, and which a lot of. people again are like, "Ah, the world's against these people. They. can't help it.". If you're going to think that, if you're. going to play perpetual victim, not. saying you are, but if you are, you're. never going to get out of it. Honestly, I. But, if you're willing to actually take. accountability and put in some personal.

responsibility, you have a lot of money to play with. Yes, well, I and I am and I. I I'll start packing a lunch and stuff. like that. I mean, honestly, I I. Yes, it's my fault. I'm the one swiping. the card at the end of the day. I. realize that. But, a lot of like like. the car situation, and it's not even me. being feeling like I'm the perpetual. victim, the world's against me. I mean, I truly believe that that man was for. me. He was trying to help me. Okay. Well, well, it's not even that. Even if like he's still too high,

babies. Um. I think she wants to be on your lap. I. don't know if that's allowed. allow it. I would. Hi, girls. Um and. even if that was the case, Come here. Oh, I was going to let her on. Um. it was still your choice not to have the. fully funded emergency fund because you. spent all your money on food. So, even. if you did get scammed there, your. emergency fund would have covered it. And that was not the world against you. Nobody thinks that. It was you. Yeah. Uh I am definitely not going to sit here.

and say that my spending is perfect. Um. and again, I think it's easy in the. moment for people to say, you know, I. needed that. Did I I needed that. Chipotle. I needed this. And I um. I know that that's not the case um now. that I'm looking at it, you know, before. I I really thought that I was doing. things correctly, but clearly that's not. the case. It's not. Um. So, it is really eye-opening seeing all. of this stuff. Oh my gosh. I mean, I had no idea that things were as bad as. they were, if I'm being honest. And I.

think also I've had that mentality like, well, no matter what, I I I do have a. very supportive family, and I do feel. like if ever hit the fan, while I. would absolutely try to not receive help. because I have way too much pride, and I. need to work on that. Um. Why do small dogs always shake? They're. always shaking their tails. how cold like warm she is, she will. shake. But, she's actually really happy. She She comes everywhere with me. Oh my. gosh. Pet emergencies can hit hard and fast.

One minute they're fine, and the next. you could be facing a mountain of vet. bills. That's where Spot Pet Insurance. comes in. With plans that have. comprehensive coverage for accidents, illnesses, hereditary conditions, and. even behavioral issues, Spot ensures. your furry friend gets the best care. without breaking the bank. They offer. customizable plans, so you can pick the. coverage that suits your pet's needs and. your budget. Plus, there are no age. limits, so even senior pets are. protected. With plan options with high.

annual coverage limits and no lifetime. limits, you get peace of mind knowing. that Spot has your back. They also offer. preventative care options and flexible. deductibles, making it easy to manage. costs. You can take advantage of fast. claims processing and the freedom to. visit any licensed vet in the United. States. Don't wait for the unexpected. Click the link below to secure Spot Pet. Insurance. Keep your pet protected and. your wallet happy. We got to teach your mom how to budget, okay? We're going to make a little.

budget. You might not get as many. treats. Actually, she doesn't even eat. as many dresses. It was $5. Yeah, and we know what you do with $5. purchases. You do 500 of them. Yes. So, total income $3,402. Okay, your debt minimum monthly. payments. Hi, sweetie. You're so good. Have you ever been an accountant? $400. Nope, I would hate that. $468.03.

I much prefer to have these. conversations with people. Rent, your portion. Uh 569. You have no excuse to be in debt. How much do you put towards utilities. and internet? Well, we've only had one uh bill. I'll say I'll just say like 200. I'll. I'll say that. Include renter's insurance in that. Gas, vroom vroom, drive drive, how much? Uh a month? Uh probably like 300 bucks. I I drive a.

lot. I I I work in New Braunfels and. then like one of my trivia shows is in. Canyon Lake. Is it worth it? Do you even make money after that? The the the trivia one. Oh. Specifically. Not that show. I've been trying to get. rid of it actually because it's not been. it hasn't been worth it anymore. It. maybe it was in the beginning, but now. that I'm more established in this, it's. Probably less than 300, but I'll put. 300. Car insurance? Um well, I had I had I had paid that.

like the full for 6 months. It was 780. that start again? Um I I literally just paid it a month. ago, so I think. Okay. the end of the year. TV, fun, anything. else you need to survive, $100. Groceries, $300. Follow the meal plan in the budgeting. program that you get. Adapt it to your. needs. Uh gym memberships and powerlifting all. that stuff, how much? Yes. Um now it's only going to be $35. I. moved to a new gym. Any copays healthcare-wise? No.

Oh, wait. I'm lying. I think it's it's. little. I think I pay like 25 bucks a. month for my medicines. Perfect. Subscriptions and do you have pet. insurance? I don't. Not yet, though. putting 35 bucks in there. I recommend. it. Thank you. It saved me. saved me thousands of dollars. Well, I just got to the point in my job. for like getting insurance and all that. So. Phone bill? Um I actually am really lucky. I don't. have to pay a phone bill. When you do, use Helium for 20 bucks a. month. Okay, noted. All right, let's get your minimums. How long have you been doing this stuff.

for? If you don't mind me asking. Uh. almost 2 and 1/2 years. That's really cool. Uh my. my family, everybody knows about you. I'm not on YouTube very much, so I I. hadn't heard of this one before, nothing. against you, but. No. I mentioned that I was going to be. coming and my cousin was like, "Wait a. minute. What? Do you know who he is? That's a. big deal. He's me.". Hey. It's from a loving place. He actually, it's so funny, um like.

yeah, you guys are described as Hell's. Kitchen. Hey, I love Gordon Ramsay and. Hell's Kitchen, but also um that's how. he described you and everyone um that I. said I was going to be coming, all of. them, he's like, "The Gordon Ramsay of. the show.". I'm Gordon. Oh, I I like how he does things and I. love his shows. You have $1,374 left. over, so you have no excuse. Really? I was like, that's genuine news to me. Yeah, if you budget, if you only live on. your needs, I'll give you In fact, I'm.

going to give you $200 of fun, just. budget it in. $1,174, and I rarely get to do that cuz people. usually don't have much room, but $200. eating out or whatever you want, subscriptions, Netflix, Spotify. It's up. to you. Okay, so $1,174. left. Uh it'll be a little less than that, it'll be closer to a thousand. uh. Hello. $1,100 when you have to make the full. Upstart monthly payment.

Uh 122. Yes, it'll be an extra $78, so you'll be. about $1,100 left over. Okay, so within. a month you need to come up with $2,550. Honestly, I'm Okay, so I would save that. $1,100. and I would pick up as many shifts as. you can over this next month, literally. any shift that you can try to scrap. together another 1,500 1,400 which is. easier said than done. But if you can do. that after taxes, yes, pay that off so. you don't have to pay the extra fee if. the 90-day thing is real.

Um I I guess another real question is. And sell things. Legitimately sell. things. Okay. Well, and today my mom did offer. the whole like credit card thing. Do you. think that. What? Like she said that well, she's having. we're going to look at it today and she. didn't know I was coming here today. Um. she said that if it is within the 90. days that she wouldn't mind extending. the credit card so I could just pay it. real quick. Maybe extending the credit card. She has a credit card. She said I could. put the rest of it on there and then pay. the credit card that. Sure, do that. And then. better than.

I I don't think it teaches you your. lesson. No, I want to be too I mean, I I want to. do the right thing. I definitely am not. trying to screw my mom over like. No, and I don't think you wouldn't cuz. I'd make you pay her off really quick. But you can do that. Uh it's not the. best, but you can. What I'm doing. Capital One first month, pay it off. I'd. get a one-month emergency fund uh in a. month and a half and then uh in the. second half of that month I'd finish off. the Capital One. Starting month number. three. I would start throwing everything. smallest debt to largest debt. So, you'd.

pay your mom off in uh 2 months and then. starting month number five. you know, the the other Discover it, USAA, and Vestor are all pretty much the. same. And at that point at about $12,000. you're probably going to pay that off in. about 9 months cuz it's going to start. compounding from there, maybe 10 months. So, we're probably a year and three or. four months in at this point. And then. you only have student loans left of. which you might not have to pay more. than the minimum monthly payment. depending on the interest rate. So, like.

literally your life is changed in a year. and a quarter, which is incredible. And. then let's call it a year and uh three. quarters for a fully funded emergency. fund. and everything. So, all debt is paid off. except for student loans and then you. have a fully funded emergency fund. That's amazing. It is. It just requires you being. disciplined for the first time in your. life. Yeah. is easier said than done, but follow the. budget, set up reward systems. We're. giving you $200 for fun, just literally. budget it. Literally budget it, and. you'll actually be able to do this. You.

have a high chance of success. You just. need to be a responsible person and. focus on your behavioral changes. And. the more you work you pick up, the. faster you pay this off. Okay. As well. Well, you know, it's looking up at least. it might sound a little silly right now, but like I'm trying to grow the San. Marcos. I guess market for the trivia things. I. just recently became like the manager. whatever for that. So every show that I can book, I get $50. a week. Um.

I guess not even having to do the show. I'll be getting $50 a week from that. And then all of the hosts that I. recruit, which I will be recruiting them. I am recruiting them now, but they're. not trained fully yet. I'd be getting $30 a show just. just for every show they do, which I is. really interesting. And I mean this. trivia thing is the first time I've ever. done anything like this. And um. but I've honestly I like it a lot. I. just wanted to do it so that I knew I.

was moving and I was going to be having. all like a lot of moving costs and. stuff. So I got the job in the first. place cuz I was trying to offset it. And. I've. not made the best decisions very clearly. even though. um. I I really thought that I was doing the. right thing. Sure. All right. Well, uh for spending in a budget, zero cuz it. was you overspent it dramatically. Debt, one out of 10. You don't have a payday. loan or IRS debt, but other than that. it's like as worse as it gets, especially with that dumb balloon debt. Emergency fund, you have nothing, zero.

out of 10. Retirement, you have nothing, zero out of 10. Real estate, you have. nothing, zero out of 10. It's going to. be a hammer financial score, 0.5 out of. 10. Make sure to stick around for the. post show. We're going to have our. bench, my producer. And then we're going. to talk about some more drama that we. didn't talk about in the episode. So, join that membership in the description. below, and don't forget to check out the. budgeting and investing program as well, which are now bundled at a lower price. See you guys in the post show. All right, should we end it out with a. nice power lifting session? Yeah, let's do it. Do me a favor and like put your arms.

like a little bit up if you can. Sure, okay. To watch the financial audit post show, click the join button below.