Caleb Hammer | This Past Weekend w/ Theo Von #556

we have added a second show in Nashville. baby on May 3rd it's an early show 400. pm at the bridge Stone Arena and uh I. can't even believe that and thank you. guys so much for all the love and. support and I'm honored to be performing. here in uh in Nashville we also have. tickets remaining for East Lancing. Michigan Victoria BC in the Canada. College Station Texas gigum Belt Texas.

Oxford Mississippi tuscalo Alabama. Winnipeg um in the Canada and Calgary in. the Canada get all your tickets at theo. comom today's guest is a financial. advisor uh for Generations Z and. Millennials he's a YouTuber he's a. businessman and he's based in Austin. Texas which is where we're taping today. you may have seen his popular show.

Financial audit where he takes people to. task over their spending habits I had a. great time learning about him and his. world today's guest is Caleb. [Applause]. Hammer Caleb hamam man thanks for uh. catching up dude yeah what's up buddy. nice to meet you not much yeah nice to. meet you too man uh um hammer Caleb.

Hammer that's a good name yeah it's. powerful it is is that Russian Hammer. Hammer I think I'm British and Native oh. yeah so a little conquering you know of. the United States a little and oh wow. yeah so no matter what side of the bed. you wake up on you're going to draw a. weapon probably that's right yeah that's. wild native am Native American yeah like. 25% that's great that's a good amount. yeah not not too heavy but yeah but.

enough to feel a little little tan oh. little minority yeah oh enough too to. [ __ ] know how to make a good fried. bread too I bet yeah um I I noticed that. so you're kind of this financial. guy um or financial liazon even uh to. like gen Z or Millennials I mean it. could be anyone but I feel like that's. kind of like um it seems to me like. that's kind of like the world that you. work with yeah that's who got attached. to it we a range in that like 18 to 35.

that's our big group that's where our. metrics are right now and you're helping. people with their finances like what. kind of qualified you to become sort of. this um this uh this like uh person. who's offering suggestions to to uh. others yeah I mean since the stuff I. talk about is so basic I was a dumbass. enough like back in the day to overcome. all that debt uh get control of my.

spending learning how to budget get kind. of obsessed with the personal finance. space uh build a pretty successful net. worth before I started YouTube and just. sitting down and talking to the people. in the worst of the worst since I was. there felt like those are the people I. could talk to not talking to the to the. Theo Vons not helping you with your. Investments but you know we're talking. about the lady who has tens of thousands. of dollars of credit card debt some car. she can't afford and getting repoed left. and right right yeah I mean I feel like. you kind of have this like Jerry.

Springer meets finances kind of energy. you know which is it's awesome we call. it Caleb Springer that's our that's what. call really yeah oh I didn't even know. that oh that's great man yeah it's it's. uh it's super fascinating but like so. what was your financial problem just so. I know like where did you start where. you're like oh okay I'm in a bad spot. College was I was so dumb in college man. just starting to go into it I was going. into a major that wasn't going to make. any money I wanted to go into music and. of course if you're going to go into. music you have to have like a $50,000.

computer or whatever is some nice. beautiful iMac so max out a credit card. with that got to have an electric piano. like you got to be cool you know you got. to be like the other music Majors max. out a credit card with that uh why cook. when you're tired from school go to. McDonald's every day and that's before I. was even a fat [ __ ] like you know the I. was able to consume those and still be. skinny but maxed out a credit card with. that got to get around so I maxed out I. got like a 10 $ 10 $11,000 car loan but.

I couldn't afford the down payment of. course I didn't know anything about. money so I borrowed like $5,000 from the. grandparents just to get a down payment. on a car it's the same stuff we're. seeing on the show so you were just in a. bad spot bad spot private student loans. too man it was rough and were had you. been getting advice from anybody or or. you were just no this was generational. my parents even though they are better. now I'll give them credit there uh we. know we grew up definitely lower middle-. class foreclosure notices that kind of.

stuff and at that point when the people. who would teach you about that kind of. stuff cuz our school system really. doesn't at least in Michigan and I don't. think Texas either uh at that point you. rely on them to teach you but they. didn't know anything so I was just. continuing that cycle every time you see. people coming from a lower middle class. background or a poverty background it's. just that endless cycle because you. can't learn from anywhere and you have. to get that drive somehow right that's a. great Point yeah I was always kind of. amazed that they didn't teach us in. school like if you didn't have a.

strategy like they would have people. come for um like parents would come or. people with like people in our community. that had jobs would come and talk to us. but they never had like people that had. really [ __ ] up you know they never had. like a crack at it come and talk to the. class for 20 minutes and be like this is. how this happened right or they never. had anybody that was selling leg or. selling cter or whatever on the street. tell you know like hey this is how. things fell apart like they never had. that other side of somebody who was like. in a second bankruptcy or somebody who'd.

been abused in a marriage you know it's. like you never really got you always. just got the like I'm a fireman you know. it be like and the kids would be like. awesome you know and the guy would let. you play with his ax or whatever it's. like but you never got like the other. side of it it's kind of crazy that they. don't have that um just in like kind of. Elementary education you know dude it's. crazy I think it's like a onewe subject. in the class where they also spend like. two weeks showing you birthing videos. yeah you know this is something that. passes over real quick.

okay so you were bad off real bad and. how did you get un bad off I just. started becoming obsessed with well I. was always interested in the world of. real estate so like HGTV I ate that [ __ ]. up I don't know why this is that weird. kid who loved HGTV so you know the all. the different home shows I was. interested in real estate and that's. kind of just a decent Connection in. segue over to personal finances So. eventually once I started realizing yo. can't afford rent I started just. Googling some things and I found some.

other creators some other podcasts like. Bigger Pockets podcast is really good um. I think I started Bigger Pockets it's. called yeah it's really good those in. real estate now do you know Graham. Stefan Finance YouTuber uh let's see a. picture of him yeah little little short. dude Graham. stefen nope I don't know him he's one of. the OG Finance YouTubers and I think I. started watching him when he was up and. coming I was like wow I can't believe. how absolutely stupid I am with finances. and even even know there was this other.

world and then to accomplish the things. I dream of accomplishing it's going to. take actually marking the goals I want. to get to in the different steps that. are required to get there and that's. where I started to actually focus on. building the income not just the hobby. stuff you know I was doing music. composition and you know I was making. like $30,000 a year off of that in. college and dropped out of college but. um from there I just knew I had to go. get stronger income actually build. myself a budget and that's when I. started you know looking to moving. different areas and I got a connection. down Austin and that's when like I.

actually started putting the focus in. pointing my money in the right direction. building a budget for the first time and. it's been it's been good since then yeah. okay so you started to put your money. back together like you started I mean. did you pay off some of those things did. you get rid of the car you said you. dropped out of school so I'm assuming. that you just realized it wasn't for you. or okay it's going to sound like the. most arrogant CUNY thing ever and but. like I was actually making more on my. music compositions than my own professor. did on their own composition so I was.

like why am I spending more money to go. in school so that's when I dropped out. okay you already felt you like you'd. kind of been able to learn what they. were going to teach you over a course of. a long time kind of I mean I I like the. lessons and stuff but then I still had. to go to all these other classes that. don't matter and I had to spend money on. that right things that were going for. the degree but at that point I still. knew nothing about personal finances. once I moved to Austin I wanted to get a. job that focused on me being my own. business essentially that's what I was. doing with music composition and one of.

the best jobs that just like you and I. could go get today if we wanted to were. your own business is sales okay you know. you are your business you're out there. building the client base and that's what. I ended up doing and with that I reached. the top of the sales team immediately. selling yeah uh selling it was trading. education you know like stock trading. and some memberships and stuff like that. okay so no I'm not I'm not familiar with. what you're talking about like stock. market okay do so so you became an. investor no I was selling classes that. taught people how to become day Traders.

and stuff okay so day trading courses. really bad products I'll be honest but. really you know I just had to you know I. was taking the job that would hire okay. so the but the the actual product wasn't. a good product or it just you thought it. was it was fine just people shouldn't be. day Traders that's the thing it's like. 90% lose money it's not that the people. that were teaching it were bad or the. education itself was bad it's just like. that's probably too risky for your. average person to get into so it's just. a risky thing to get into risky to get. into but luckily the people I was.

selling to they were with people with. too much money too much time so were. yeah it wasn't like you were selling to. children or whatever no okay no uh. especially since I mean I think you have. to be 18 to open a brokerage if I'm or. at least to open those kind of accounts. if I'm not mistaken but actually being. able to build that like personal. business personal Brands and getting to. the top of the sales team eventually. getting the place you know bringing in. six figures uh grinding for a couple. years I focused on paying off the p uh. my grandparents first because it was.

family debt it's a little emotional. that's probably not what I would. necessarily suggest today uh to people. that I'm talking to but that's what felt. right in that moment then the credit. cards paying off your grandparents you. mean absolutely well yeah cuz you have. to see them you still have to answer. their calls and you have to hear the the. tamber in your grandmother's voice you. know knowing that they're concerned. about their future because they're. missing a little bit of their nest egg. exactly exactly and they were nice. enough to give me that money in a hard. time I got to be nice enough to. prioritize paying it back right and then. the 30% couple 30% credit cards I had.

from there about $10,000 total in credit. card debt and then Sally May you know. that [ __ ] oh yeah the loan specialist. yeah no she's not she's not great so I. had some like 12% interest private. student loan debt maybe 15% it just kept. ballooning so I focused on paying that. off after that but those are private. ones right so there's there's ones you. get from the state that are lower. percentage M okay yep I had Federal back. student loans I still do cuz I'm not. going to pay them off cuz they're only. 4% no actually mine are like 3% so I'd. rather invest instead so I'm just doing. my minimum monthlies there but uh yeah.

so because Sally and her 15% were just. so crappy I focused on paying those off. next and and then eventually my car debt. as well because that was also like 11%. for a Nissan Ultima 2013 I don't know if. you're a Nissan Ultima Gurley but their. Transmissions they all die immediately. so it was like 60,000 miles and the. transmission was dying yeah so and I. already owed debt on it oh yeah Ultima. is definitely um a lot of like OS would. drive them I know and then my.

ex-girlfriend drove one oh um okay so so. you started to get out of debt you were. got some you got some money going you. found out that okay you realized maybe. the the direction you were going in in. school wasn't for you it sound like you. started to make some kind of like severe. choices right yeah big Life Choices. moving across the country packing up the. sedan you know going from Michigan to. Texas I guess it's not across the. country but it was a big move for me and. uh focus on paying off the debt and. that's once I got my emergency fund. which is what we prior after paying off.

high interest debt that's where I was. like I can finally start accomplishing. the dreams I wanted to I was putting 10%. down on a house here in Austin oh wow. and that was my big goal and were you. still doing sales at that point yes yes. I was still doing sales and I started. moving in the world of like product. management in the tech World um but like. what does that mean so it was kind of. like fake product manager I'll be honest. for all those that know product. management out there but I was like. overseeing memberships at that company. that I was talking about and trying to.

improve their products and I was just. kind of overseeing that working with. different teams but okay I was. transitioning to that world cuz again I. just like the I like running some things. that's why I like building out the. company that we have now and having. management of products and just making a. better experience for the clients okay. uh and is the product you sell now to. people is that a more helpful product. you think than the first one the the. other oh absolutely day trading stuff. yeah because what we're doing now like. our simpler budget app like that is an. app that people can use and actually.

follow a budget hit the goals that. they're trying to do it's things that. actually help people instead of like hey. there's a 10% chance you might be. successful in this field good luck right. that was kind of the products back then. but yeah so people can actually you know. finally take control over their Destiny. Okay what is I I you talk a lot okay so. I feel like I have a decent. understanding now of how you got to got. to where you are right like a lot of it. sounds like you're like okay College. isn't for me I need to change that these. are the high interest things that I need. to I need to I need to get a job or find.

a field you found sales it's working. well for me so and then I need to find. out the specific the higher interest. things I need to get out of those first. the lower interest things I can keep. because if I can invest at a slightly. higher interest rate then I'm going to. be hypothetically or hopefully paying. those off over time assuming I can make. more than the three or 4 percent exactly. okay so now you now you have a YouTube. channel where you kind of talk it seems. like to a lot of like gen Z is that kind. of safe to say.

Millennial what is the number one thing. that they are going into Deb over now in. America cars man cars everything's. drivable infrastructure here so you have. no choice but to get a car you need a. car to get a job to pay for the car. right they kind of locked us into that. huh yeah what's that is there a theory. that they that they did that on purpose. that a lot of that's done on purpose you. think that we had that they created like. this car economy can you look up just. see what you find on that well I know in. the 1950s right that's where they start.

passing like the highway infrastructure. Bill and that it's a lot of it for inter. InterContinental connection uh. especially for military sa safety being. able to move things back and forth. across cities but with that they came. into the cities like Dallas and Houston. and la and they bulldo massive. communities and just build highways. throughout then you had white flight. from the cities to the suburbs and then. in order to get to the city where the. jobs are got to drive on the highway and. it's just cycle from there yeah I think. you pretty much just answered it that. what it seems like a lot of that is it.

was like yeah people wanted to also live. in the subs they didn't want to be in. the place maybe right you know in a. around a bunch of building stuff you. want to have a yard you want to have a. little bit more space and cities went to. [ __ ] after that too it really did. whether it's funding or just the job. opportunities like they went to [ __ ]. like New York in the 80s was a [ __ ] hole. right so that's yeah yeah and then I. think you have a lot of people like if. people want to have a yard and want to. have an environment they take care of. then they kind of if they take that. energy out of the city then that's not. in the city anymore people want to live. in the city now though people are giving.

up their car in in my age range you know. and the audience's age range they want. to live in those more walkable. communities and I'm moving to a walkable. Community I love to not have to drive. it's oh yeah it's a nightmare yeah kind. of like my parents it was the thing. where they wanted to drive in work and. drive home that was part of like the. commute you know it was almost part of. their uh lifestyle yeah you know I think. that that was like a big part of the. lifestyle then um let me see commuting. as we know it today with people. regularly traveling significant distance. between home and work uh became.

prominent during the mid 19th century. primarily due to the Industrial. Revolution which led to large population. shifts towards urban areas and the. development of suburban communities. accessible by newly newly established. rail systems allowing people to live. further from their workplace and commute. into work regularly the term commute. itself originates from this era of early. rail travel where people paid a commuted. fair for regular travel to the city oh. wow so I guess if you were one like a. person that came every day for their job. into like you know rural New York into.

the New York in New York City um then. you pay a commuted Fair yeah and I I'm. honestly not against like the driving if. you want to or living with more space. I'm not against that at all like I. actually like that the community I'm. moving to is kind of like that it's a. hybrid but what I don't like dude I I. don't know how much you know about. zoning in the US but it's crazy you know. we're supposed to be like this. capitalist Bastion of freedom but we. don't let anyone build what they want on. their property so you live in a.

neighborhood and in order to get a. coffee you have to drive 10 minutes cuz. no one can build a coffee shop in the. neighborhood because we tell people what. they have to build instead of letting. the people determine the market and the. market determining what gets built in. places that's what I want to see a more. freedom esque uh living situation where. people can build their communities yeah. I think that that's fair but then I. guess what if you had you have a place. you finally call home you love it and. then somebody next door builds like a. neon light shop or something some yeah. and they're just hu and they put.

Billboards up in their yard like that. kind of thing I feel like would lead to. war yeah that's more like ho away you. know so like I'm okay with like small. communities coming together and deciding. what's good for their Community but a. whole state or a city saying no you know. you're 40 minutes from City Hall you. can't build a bakery there right sorry A. Highway has to go there yeah so yeah I. guess sometimes you don't know what a. city's overall strategies are too it's. like sometimes just as a regular citizen. even though you may think that we do. maybe we wouldn't know what their.

overall strategies are there was this. crazy concept uh where Austin we built. housing you know we just allowed. developers and capitalism to take place. so we built housing guess what's been. the largest rent decrease in the nation. Austin who would have thought the. largest rent decrease why because it's. extra housing yeah we built so much. housing yeah because we just let. capitalism happen but so you saying. that's the bad side of it well it sucks. for people I guess property values or. landlords but it's also a blessing for. people that can live yeah oh well one of. the worst things that happens in a lot.

of places is the artists and stuff are. the first have to leave an area because. they're the ones who can't afford to. live there anymore you know I think that. happens in a lot of cities where um you. know rent price start to go up and then. the guy who's like just doing his best. to make ends meet who plays a saxophone. or you know who runs a art studio they. can't afford to keep their you know. they're kind of the first to go a lot of. times yeah gentrification is weird. because like honestly you kind of go in. there you do get better restaurants you. get better amenities things do become. nicer and safer but then there is like.

that dude who gets pushed out so there's. like there's positive gentrification is. a bad word kind of a swear word you know. cuz what does gentrification you mean it. means white people moving in and moving. people out I think it's more just money. and development but people do associate. it with that and yeah so yeah so. gentrification is the process whereby. characters of a poor urban area is. changed by wealthier people moving in. improving housing and attracting new. businesses typically displacing current. inhabitants of the process right so. they're kind of you lose a lot of. culture yeah because you well you.

develop new culture too but you you de. you lose like the old culture right uh. that's where I want more access to like. home ownership because if someone owns a. home in that area and gentrification. happens you know they can make a lot of. money so I want the people who are. already there to have access to be able. to get into the home and buy it it's the. renters that get pushed out like the. saxophone guy he'd be the one that gets. pushed out and that sucks yeah you lose. a lot of authenticity there too you lose. people who know the lore of the. neighborhood um and then everything just. starts to be a Panera Bread too which. really starts to suck chain yeah that. starts to happen in a lot of places is.

you just run a lot of the same and a lot. of um a lot of cities start to look the. same yes and then you don't have any. there's no reason to even go to another. city like why do I want to go there if. it's just going to be another restaurant. that's just next door to me it's the. same yeah I think they're called like 5. by ones like all the buildings that you. see everywhere where they're like. fivestory apartment complexes with the. same chains on every floor this is It's. the cheapest to build that's usually. what the again the city messes it up by. only Zoning for that because everything. has to be one size fits all yeah.

Nashville's ruined they have a great. area there called 12 South and it has. all these like great little shops and. stores and then um now it's just been it. has like a rag and but just like it had. like quaint Vibes you could walk down it. just felt like you were in like a neat. pocket and then now it just feels like. you you can barely tell the difference. between there and if you're walking down. like um South Congress in away yeah so. you're still in Nashville you ever going. to move to Austin I might I'm thinking. about it you know I'm thinking about if. I could for to get a home here and keep.

a home here you know oh you could then I. would be able to um go back and forth. you know oh if I financially audit your. statements I know you could get home. this show is sponsored by liquid IV if I. sound pretty juicy that's because it's. shoot I'm liquidated right now I've had. a couple packets today probably three. four packets woke up in the middle of. the night had me a packet liquid IV I. like using it I use it often I don't. really care about the flavor to be. honest with you there's a a green grape.

that I've been using in some type of. strawberry deal I've been using I'll get. me a water pour out a little bit of the. water one and a half sips and then I. empty in that packet of liquid IV get it. down in there put the lid on Shake It Up. Baby liquid IV it's more than just a. drink it's a science you know it's you. make your formula so go ahead and break. the mold and own your ritual just one. stick plus 16 o of water hydrates better.

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CET for sure that's what every American. faces it's cette it's yeah again you. have the car so you can get to work to. get the paycheck to pay for the car. that's the first thing my mom said she's. like okay you're going to get a car to. get to work to pay for your car yeah and. it really was the truth kind of it but. also having that freedom was great you. know yes and I I want to like just kind. of correct what I said like I'm totally. for driving anywhere if you want to just. wish there's more options it's kind of. you're forced to drive yeah that's so. that's pretty much it oh yeah they won't.

even let you um take a scooter or a lime. on the. interstate yeah you know which is crazy. like there might be one state allows it. what state allows scooters on the. interstate can you bring that up what. state is allowing you to scooter on a. highway it might be New Hampshire or. something they don't give a [ __ ] there. long as you're an organ donor they'll. let you [ __ ] do whatever you want bro. as long as you are donating uh. plant-based organs back to society.

that's wild um so uh when I was a kid. they had you felt like you had to have a. job right and my mom or my um you know I. was raised by my mom she always had a. job she had a job like I I think she. only had like she just it was always. work you know and parents would have. been ashamed if they didn't have a job. do do the younger Generations feel that. same way like people that you're talking. to do they have that same feeling about. work no there's something really.

interesting happening in our culture. right now that I cannot Define super. well I always mess up with the words. infatti. infantilization infantilization. infantilization yes okay thank you a lot. of people I don't know everyone's like. I'm 19 I'm still a child there's a lot. of that conversations that I'm having on. my show and honestly I didn't notice it. too much until I started my doing my. show and then you know being a little. active on Reddit or Twitter it's like. everyone's really acting like they're a.

kid until they're like 25 now I don't. really T baby syndrome kind of yeah I. was so excited to be 18 and have my. freedom and just go make money do what I. want go to college figure it out and. there's so many learning lessons you get. during that time period but now it's. like I'm a child not everyone but it. definitely feels like a cultural shift. you know those um Predator like beating. videos online oh yeah there's so many of. them now yeah the one thing that's I I. just saw yesterday on Twitter uh or X.

that was just kind of demonstrating what. happens when Gen Z meets with that was. Predator beating videos they lured. someone you know as usual to meet a. underage person to beat the crap out of. the person but the jenzy people lured a. 21-year-old to meet an 18-year-old and. beat the [ __ ] out of the 21-year-old for. meeting an 18-year-old because it's a. huge crazy underage 18-year-old who was. a child right so we must beat the crap.

out of the 21 it's really weird like. what are you saying like that was just. like they can't even do that right. you're saying like no it's just it's. it's thinking that oh I see it say it. says five worst Asser worst SE worst. sest worst sister oh Brandon's on it. students charged after mob beats up. falsely accused child predator and. that's in W oh I'm sorry I know this. place Worcester Mass five students from. assumption University in Worcester are. facing charges of kidnapping and.

assulting a man for a Tik Tock inspired. To Catch a Predator police are saying. that the man did nothing wrong as court. documents State the man went to meet a. woman who was listed as 18 years old. online so so what do you we saying here. are we saying the school would not say. what disciplinary action if any may take. first of all the math department should. take action against these against these. [ __ ] Predators yeah because you have. to at least be a predator yes you can't. just I mean it's so hard to meet people. now and if this guy finally comes out of.

his house to meet somebody and he gets. jumped it's crazy but no you're seeing. it all over social media right now but. what are you saying about this I'm. saying that they think you're still a. child at 18 and 19 and 20 oh I see. you're saying so that you think part of. that was this yeah I mean they're. talking about age gaps if you're dating. with someone two years like over 2 years. people are freaking out now online it's. crazy the pro clutching wild online. right now lots of just like over.

sensationalized just everything right. now but I'm seeing that in these. conversations where people are like 20. and they think they're still a child. they don't have to there's no. responsibility yet they can just lean on. everyone around them their family and. they just don't have to take care of. anything yet and that it's kind of hard. to see but that case that we just saw is. further demonstrating that impacting. other parts of the culture as well like. we're seeing it across the board there. this on Tik Tok especially there's like.

this victim Olympic stuff going on where. people are trying to over victimized. like I'm more of a victim than you from. this thing and it's like it's just it's. an always over just stepping over each. other on who's the biggest victim I I. it's so funny you say that I saw. something like this I love I love where. you're at man because even some of the. things you're saying it's like things. that I couldn't um you're just at this. really unique intersection I think um I. just wanted to say that I'm just. realizing that more as I talk to you um.

but yeah I'll see things it's like yeah. the fires are really bad but realizing. that it's been 11 days since your. boyfriend texted you back right and. you're like and someone will be walking. down the street with flames in the back. but they're making it about them and. their boyfriend or something you know or. hope my door Dasher is. okay um it looks dangerous out here. today and they'll be from their balcony. looking for their Taco order and there's. buildings on fire. like what are we [ __ ] I don't know.

man turn on your stove and also leave. and go rescue yourself you're going to. risk it all for some. raviolis yeah it's just it's almost like. people don't even feel like they're. going to die it's almost. like. um yeah some before we get before I go. off on too much of a tangent whose fault. do you think that is that there's some. of that mentality right is it the. parents or is it just Society who's.

where are you finding the fault of that. you know I haven't seen parents like. talk about it so I don't see them doing. it I'm sure there's always an impact. right but I think a lot of the tiktock. ification of things and I love Tik Tok I. mean we got a billion views on Tik Tok. last year you know I'm well thank you. but like even still there's I've seen. videos of examples of people talking. about a story from their past and. they're just sharing a story about. something that was just you know. slightly inconvenient and then people go.

in their comment sections and say no. actually you're a victim you're a victim. of all this that this that like there. there was some Tik Tok I was watching I. don't know I think I was watching a. reaction to it someone was talking about. how they had an awkward handholding. experience when they were in high school. and people were going through the. comments like no you were and it's like. [ __ ] me and they're just I don't know. it's just this ened or knuckle rap [ __ ]. like stuff like that you're like that's. would you going to do a swab kit now on.

my hand you know it's very interesting. so people it's it's just kind of this. reoccurring thing where just everyone's. trying to one up each other on the. victim scale but also trying to tell. other people that they're victims it's. really interesting but we're also. starting to see a little bit of a. cultural shift in it I feel like where. like not everyone's like respected. immediately who comes out of the gate. and just like you know tries to act like. this big victim all the time especially. other creators that try to come out and. be like I'm a big victim from this other. Creator who like said something bad.

about me and then you can clearly see. when you like look at their social blade. and that video they made was their most. popular video of all time I'm like oh. wonder why they did that right so now. they're oh if somebody gets uh views off. of victimhood yeah in some ways I mean. but I think you saw go ahead little. shitty part is it actually just. diminishes like real victims oh for sure. well I think you saw I saw this with. Mark Zuckerberg the other day he was on. Joe Rogan's um show and he was talking. about bring up some of the clips he was. talking about um.

how Mark Zuckerberg tells Joe Rogan. podcast Biden Administration tried to. censor memes in Surprise. episode these people from the Biden. Administration would call up our team. and like scream at them and curse and. it's like these documents are it's all. kind of out there did you record any of. those phone calls I don't no I don't. think I don't think we but but I think I. want to listen I mean there are emails. the emails are published it's all it's. all kind of out there and um and they're.

like and basically it just got to this. point where we were like no we're not. going to we're not going to take down. things that are true that's ridiculous. um they want us to take down this meme. of Leonardo DiCaprio looking at a TV. talking about how 10 years from now or. something um you know you're going to. see an ad that says okay if you took a. covid vaccine you're um eligible you you. know like uh for for this kind of. payment like this sort of like class. action lawsuit type Meme and they're. like no you have to take that down we.

just said no we're not we're not going. to take down humor and sa that's good. and I first of all I believe you will. probably see things like that because. it's a lot how the drug how drug. companies work right um but I think this. is exactly what he's doing he's because. they had like there was they admitted. before to like um only putting certain. stuff up during like um deciding them. deciding what was misinformation or not. right mhm which which is just it's a.

it's it's awkward for a platform to. decide right kind of like unless. something is you know um sexual violence. things like that I don't think that. should be on you know but for them to. decide. um for them to decide what was. misinformation but I feel like that's. what he's doing here now he's playing. the victim here he's trying to say oh I. see what you're saying that oh we didn't. they're they were telling us to do stuff. instead of him saying we were doing. these things calling and swearing oh no.

not swearing right oh no right he's just. trying to say oh we were we were a. victim of all this and you're almost. playing now you're pointing fingers at a. sinking ship since the B Biden is first. of all um you know he's he's not it's. not fair to communicate with him I don't. think and probably hasn't been for a bit. because he's just not mentally well. right um and no judgment against his. party or but just to me I've I've always. felt like they were taking advantage of. a senior citizen right like if that were. my father or grandfather I'd be kind of. upset know that people are Marching him. out every day cuz he believes what.

you're telling him right he believes. that he's fully capable and competent. right all right um but yeah in this. instance that that's exactly you say. that there's creators doing that I think. this is one of the biggest creators uh. doing exactly what you're saying well I. mean we had a prime example we called. the episode our our titles are wild but. someone finally walks off Financial. audit I guess that's actually not thatle. finally what you said walks off. Financial audit okay and uh one of her. big like she was a Perpetual victim. throughout her life uh one of her big.

things is she sat down and we were. talking about creating a better income. for her and she said my therapist told. me I can't have a. boss so she can't work ever because. she's not able to have any kind of. authority around her because it would. make her too feel too triggered or. something yeah so she just couldn't have. a boss ever also she can't do any. physical activity or labor or anything. so has to sit down and do her Veterinary. stuff from her house but won't get hired.

and half of her resume by the way was. like activist stuff anyway so like. someone you'd be a little afraid of. hiring because you don't know what. they're kind of going to do to the. culture of the companies so she's not. going to get hired but she also can't. have a boss right but she kind of lowkey. does have a boss if she's listening to a. therapist because in the therapist is. like well you're going to pay me and. you're you almost become an employee of. your therapist in some ways I'm not. saying that's exactly what happened but. sometimes that will happen to people and. then yeah people like I can't LIF. anything heavy because like in a past.

life I was a weight something who was. injured and you're like well [ __ ] we. got to get the boxes on the shelves okay. like it is difficult yeah and she may. have had a physical disability with that. but not having not H not being able to. have a boss like you can't just but then. complain about how everything's bad and. I let's be honest there's no way her. therapist told her she shouldn't have a. boss yeah a therapist wouldn't say that. yeah well a lot of times you'll pay and. then you you'll but that but that kind. of becomes a um like an emotional race.

card in a way sometimes where people are. like uh yeah my therapist said that you. know yeah absolutely I mean she she was. lost all over the place so I'm not. surprised but again she was also another. victim kind of in her relationship she. was dating a dude for eight years they. got married but she decided two weeks. into her marriage she wants to try. titties you know just on the other side. date women you mean yeah just go over. the other side hang out a little bit U. he didn't want to so he's a bad person. for leaving her because she wanted to.

you know date women two weeks into. marriage right you can't just be funding. lesbianism if you don't want to be yeah. it's like you can support it but if your. wife leaves you you shouldn't still have. to be the guy funding it yeah or if you. don't want to be open especially yeah. yeah yeah you want to commit a. relationship so he's the bad guy because. right so yeah two weeks into. marriage what do you um what do you. think is the number one thing that's. preventing uh JY ears from working or. you think we already talked about that. let me see where we're at right now well.

I mean honestly UH 60 to 70% of. Americans say that they're you know they. report feeling stress about money 60 to. 65 say they are living paycheck to. paycheck 50 to 60% can't cover a $11,000. emergency one and four have no. retirement savings median 401K balance. is 30,000 like I mean there's a lot of. things that people got to catch up on. and the big thing that kind of sucks and. this is where I do feel bad for any. younger generation where college is.

getting more expensive life gets more. expensive I mean that's what happens um. you need to start saving as Z as you can. because like income's not your biggest. wealth building tool as Dave Ramsey say. says I'd say that time is because you. need time in the market to let it grow. if you put a dollar in at 20 it's worth. so much more than a dollar in at 30 but. the more expensive things are and the. the more we treat you like a child who. doesn't have to work and it's okay to. take your time after college and it's. okay to go into that and it's okay to do.

all this stuff the further you are from. not only putting money towards. retirement but covering the $1,000. emergency or paying off the debt that's. eating 30% interest a year yeah the more. you have that the more that that. mentality is accepted and nurtured and. becomes like a habit then surely the. further you are from if you're not even. taking care of your responsibilities or. you know hitting like a bottom line or. breaking even um then yeah you're. certainly not going to be investing. exactly do you see that nepotism is an.

issue because you know there's a lot of. like there was always this idea of like. Reaganomics where like the top so. percent will have the money and there'll. be this trickle down right yeah but. that's never really kind of happened it. felt like right um do you it's. interesting yeah do you think nepotism. um just how big of an issue is nepotism. do you feel like you hear a lot like you. hear a lot about these days about like. NEPA babies right I just wonder if if. you if you hear a lot about that in like. the financial world like oh you're just. like a um trust fun baby or something.

like that you know honestly we don't see. too much of that in my world we've seen. people that get like a big sum of money. I just talked to someone the other day. she got almost a quarter million dollars. from a passaway relative but she went. into that pile of money without any. Behavior knowledge of how to utilize. money she's only been in debt throughout. her entire life only just blows all her. money more than she makes so the moment. she got that well of course does it get. saved or invested pay off debt no it's. gone in 5 years just blowing it on fun.

stuff so there is I'm okay if someone. can prove themselves you know that they. have the talent to be known and of we. all do you have any kids I don't have. any children I would like to have some. yeah I mean you probably want the best. future for them so right you do want the. best future for your children you'd. probably be willing to utilize some of. your connections to help if you can yeah. and I'm okay with that but it should. also be based on skills so give them the. opportunity but if they [ __ ] up the. opportunity you know okay he like good. luck yeah so I'm good with nepo as long.

as they're proven it a little but you. got. to uh teach that behavior teach that. behavior so they just don't just blow. through what you give them oh yeah I was. talking to little booy one time um he's. a rapper if you're not familiar with him. and he was talking about how like the. hardest thing to teach is your hustle to. your children right like your same. energy for um like if you didn't have. certain things growing up he's like it. is so hard to transfer that energy to. your children and at the same time want. to give them just you know the basic.

needs even you know and the basic needs. sometimes will be fancier because. they're you have more money to spend um. take me through a couple of examples if. you can uh Caleb of like um J ear or. Millennials and some of the issues like. just specific things that they've showed. up with on your show um okay yeah I we. had uh this is a couple we just talked. about it's so entertaining like this is. what one thing that's so great it's like. it's really is it's just like yeah it's. a financial Jerry Springer and it's so.

funny that you had already coined that. term for for you guys selves well people. use it as an insult but it's not so I. just accepted it I don't think so at all. I think as long as people are actually. getting help and we connect them with. resources and they a million per know. what they're getting into I think it's. just like the most fun thing ever and. then they have fun then the audience has. fun and what's crazy is like we could. sit down and we could just like do the. most boring Finance content ever and. 50,000 people watch it or something and. some people learn something or we could. do this like true real show that is also. just also really entertaining hundreds.

of thousands millions of people watch it. and then we've calculated about 20,000. people at least have just based on. comments and things have gotten out of. debt saved for an emergency fund have. actually changed their life just because. of watching this show that has gotten to. them that they're interested in yeah and. I think it's almost you you you I can. almost see this happening where we will. get to like to catcher Predator videos. of like you pulling up on somebody or. not even you just the way Society is. right cuz you're kind of at this perfect. section of like capitalism and like um.

voyerism right okay where I could see. they're almost being like a To Catch a. Predator of somebody like buying. something that they can't afford and you. pull up on them on the spot you know. it's almost like you're catching them in. a transaction yeah and it's like you. know you can't afford this man what are. you doing you know chop up their credit. card on the spot yeah totally like I I. just I I feel like that that's where. we're headed you know um some people. could use it for sure yeah oh for sure. there's someone walking around a mall.

right now that should not be in there m. that um is. pretending you know to probably has. empty bags in their hands that weights. in them yeah some very light weights or. old clothes and it's just pretending. this illusion of like living in some. fantasy you know well honestly like. cities like Austin and I you know. Nashville is kind of similar to Austin. so I wouldn't be surprised if Nashville. as well it's like the Richer someone. looks likely the poorer they are cuz. they're really compensating you know. driving a slightly nicer car nicer. clothes they're usually in mountains of.

debt where you just have a dude like. Zuckerberg well now he looks a little. you know he's gone carrot head and. everything or broccoli head but you know. before he looked like he was like. poverty but he's a billionaire so yeah. that's a compensation yeah he kind of. has that autism billionaire Vibe you. know yeah which I think is like kind of. the new a lot of billionaires are. autistic now you know it's like the new. thing you know um so who knows what. they're going to do some of them he. looks like he doesn't even eat or. anything could you have him could you.

imagine him eating a meal I couldn't he. has to he's gaining man he's getting. those gains I I know I'm not saying he's. not healthy or something I just think. it's very he he gives off a computer. energy to me sometimes um I look up that. surfing photo the I mean dude dude has a. dump truck you know you don't get that. not. eating there it is look at that thing. good for him and he's in white face. there so obviously they were programming. him or something you know and they they.

had to put his face in the shop for a. week or something um no certainly an. amazing Creator but I just I do think. there's this very strong link between. Autism and um and uh technological. advancement that I think we'll figure. out in the future but that'd be nice I I. think I have a bit of tism but probably. not enough tism to get to three the. three comic Club yeah yeah it's a bummer. yeah it's okay but still you get Grace. with a little yeah the two Club yeah I. barely beat it dude you know and they. said it was very close in our area um.

can you take me through a couple of. examples just so just so um my listeners. can know like some of the stuff that's. on your show right yeah I mean do you. want them to pull up some shorts even um. yeah I mean I know we have a couple um. oh sure we were just talking to this uh. this couple uh they're both uh. the okay try not to get canceled I guess. lesbian couple and they we know what. lesbians are yeah yeah uh they just.

they're obsessed with Disney mhm lots of. Disney adults are and they're gen Z and. they are obsessed with birthday months I. hear birthday months so much with Gen Z. in girl math and what is your birthday. month that thing birthday month so you. have to celebrate so for their birthday. month they spent $2,000 on Disney. exclusive passes and then went to Disney. World spend a lot of money on that then. they're going to Disney World two times. next month and then one time in the. summer for different birthdays different. birthday months and they spent what did.

I have I had. $21,000 in one month when they make. $7,000 a month and what is it it's not. like on like is it like lessons to talk. like characters like how far like what. are they getting into I don't know they. live in Arizona and they drive to LA to. just have their little special birthday. this is their birthday I can go into DB. and [ __ ] my life it's my birthday oh I. see so something as simple as your. birthday they can go 20 grand in a debt. yeah right the whole month let's see. this right here and this is some of it. who Disney in these last couple months. two Disney's Next month you guys are. literally poor we only went for one day.

in November you still traveled there. bought a gillion dollars of food took. our nephew for his birthday his birthday. and then we went for my birthday oh if I. hear one more thing out about lesbians. and their nephew you know his birthday I. don't give a sh about birthdays what is. this obsession with birthdays how are. you guys getting there from Mesa getting. what getting it's in La so it costs. money to get there yeah we drive we. drive there so you're getting places to. live does it cover the place to live.

when you're there nope so you're. spending money to spend more money yes. do you get the free food while you're in. there and free drinks no we pay for that. too. separate 10% off mer it this is not. crazy yeah it's like you would think. especially you can find deals nowadays. where they probably could have got some. free food vouchers or something like. that yeah yeah yeah or just stayed off. campus and you know when I I'm okay if. they go like once once a year they're go. they have like five planned trips. already yeah for Disney and what does. that give them I think um strippers and.

lesbians love Disneyland right I noticed. that lesbians also love this it's our. nephew's birthday right because for a. lot of lesbians it's probably as close. as they will get to having a child right. just because of science math or whatever. and um and nowadays that's changing some. but for a long time a lot of lesbians. are like we got to get our NE you know. our nephew you know it was like the. that's like the biggest craziest thing. you know so I there's a lot of nephew. obsession. um in the lesbian Community as well you. know yeah um but that's a lot of money.

on Disney yeah it is dud and not much. return you get a a return but you're an. adult also yeah but unlike most lesbians. I think they're going to last forever. though because they're on the same page. and usually couples that aren't on the. same page about money that's where they. divorce but them they're on the same. page about wanting to ruin their lives. for Disney so it's okay they they'll be. fine yeah they need to have a Disney now. I wish Disney had a hostel or kind of. like a um Section 8 area yeah they.

should cuz that would be very magical if. you ended up like in the trenches yeah. instead of the Montreal you get a little. spray painted one just it's little. sketchy someone tweaking out in there. yeah yeah but it has somebody's put like. like Elsa likes on the side or something. you know or just spray painted some wild. [ __ ] on it I think that could be kind of. interesting um okay so you're talking to. people that are wasting too much money. usually lots of debt okay a lot of debt. what are some other ones that you're. seeing we Lots we had this dude uh we.

frustrated incel buys women instead of. dating was the title uh he went into. $8,000 of credit card debt just so he. could go to strip clubs he sacrificed. eating so he had more money to go to. strip clubs wow 2,000 hours a week on. strip clubs and his quote was I'm a. sigma male I can just go to the strip. club and get some booty that way I guess. it's easier for him he's a little. disappointed though that he couldn't. liquor bite them though that was his one.

complaint okay so he's not he did he. didn't get the um fluid pass or whatever. I don't know what there's a that was. another one of our guests that got the. fluid pass wow yeah well strippers is. that age old kind of bait and switch. it's the illusion you know that's why. they always catch men like masturbating. in their cars outside of strip clubs. because they're you know they've built. up this whole. illusion um that's a lot of money to. spend on stripping now I do I respect. the fact that he was going without. eating though a lot of people just like.

yeah I'm gonna snack and whatever and. still waste this money yeah he picked it. up in the military I guess that's what. they were all doing overseas visiting. strippers and stuff I guess that's how. they made it through dieting and. visiting strippers yeah I could see that. um there was another one you had what. was the. one um bring up one of the ones that we. had pulled. up the guy in the red suit was an. interesting guy oh yeah right took the. loan out to fund my emergency fund where. is this emergency fund today I saw about.

$1,000 stop by the so this guy took it a. loan out to fund is emergency fund yeah. like 20% interest too by the way dropped. from 2,500 uh I spent some of. it on what emergency uh learning how to. do hair extensions okay that's an. emergency I wouldn't say it's an. emergency I what do you think an. emergency fund the money out of the. emergency fund to buy a class for. extensions the interest rate on this is. 8.64% yes wow okay so originally it.

wasn't for the emergency fund I just. thought that that would be a good idea. okay so let's stop it there so this is. the kind of stuff that you're running. into absolutely all the time and this is. a young man he took money out at 28.6 4%. interest to learn hair extension lessons. and that was considered an emergency. well first the fund is emergency fund so. he takes out 28% even though like the. best thing you get in a high heeld. savings is 4% right now some something. like that so you're losing a net 23% but.

even still then he just drains it from. the emergency fund to learn hair. extensions which invest in yourself. invest in your skills we like that right. at 30% I don't know no one would say go. get a degree for 30% interest so. learning hair extensions of that doesn't. make sense but he wants to move to. Thailand to escape it though so I think. that that's his out to escape the debt. you mean to escape capitalism is what he. specifically said yeah do you see a lot. of that I'm going to fly away to another. country that seems like a very fairy. tale type of energy honestly no.

surprisingly a lot of people when they. just get overwhelmed by their finances. they really just put their head in the. sand and they just forget about it until. it all comes and bites them in the ass. that's usually when they come on our. show they realize they've had too much. and they watch one of our episodes and. like oh [ __ ] I got to apply and that. that's when we usually see them is when. they've realized it's too much and. they're in the most dire situation but. they haven't fully awakened a why so. they're still defensive on things I'm. sure they're nervous on camera they're. just normal people off the street but.

that's why they're still defensive and. they're trying to understand like what. is going on and there's lots of cope. talk lots of cop talk across the table. from me and what does cop talk mean when. you use that term yeah just like I I I. was allowed to do it it was my birthday. month it's okay excuses yeah it was okay. to go to school for 12 years and take. out private student loans to pay for an. expensive apartment I was just trying to. survive so a lot of people trying to. seems like deflect the reality of the.

world yeah like how can what can I do. take what class can I take what school. can I stand longer what can I do to not. have to face the fact every day that I. have to be the one to survive myself. absolutely and I was there too it just. takes that moment takes that moment for. everything I totally I haven't hit it. for going to the gym or dieting but it. takes that moment for plunging into the. defense. usually for it might but for my finances.

it was you know [ __ ] I can't pay this. month's rent I'm continuing the cycle of. foreclosure notices so they usually find. their moment but they just don't know. why things are bad but that's when they. come on we meet them at the bottom. usually some need a little further to go. and that sucks to see yeah that sucks to. see but people that have come on our. show though uh the median guest pays off. $10,000 in 10 months so it does work. like it works really well they just need. that wakeup call a little that adult.

moment where the it's the first time. someone's given them like the real [ __ ]. without without just trying to skate. around yeah because then also after you. have a piece of reality that's you're. like a Moment Like This are these are. real moments with people who have made. some mistakes or we've all been there I. mean I remember I had a cell phone I was. like I'm not paying Verizon they don't. know me that was my thought these. [ __ ] don't know me right I was. bicycle at the time mhm you know I was. on my bike on the cell phone you know.

just eating up minutes or whatever just. running up a tabh and I was like these. [ __ ] don't know who I am you. know what I'm saying I like to see them. come get this [ __ ] money right and my. friend's house who I was living at his. dad was like get [ __ ] pay the [ __ ]. yeah you know and then I I think that's. when it started hit me like oh [ __ ] it. hit my credit right next I didn't even. know I had credit I didn't even know I. had credit until they called like hey. your credit's bad I'm like what is it. yeah and they're like your credit and I. was like yeah dude put him on and.

they're like no your credit's bad and. they're like you owe $100 to Verizon I. thought you could just run away from and. you can't but that was like kind of a. bottom for me I was like oh [ __ ] is. really real right so I think moments. like this are really real to people and. then you have a gentleman here who seems. to be kind of fluid sexually fluid I'll. say maybe I have no idea he's dressing. up like he kind of has a look of he's. like the arch nemesis of like the. Monopoly guy or whatever right or kind. of like a Christmas sort of like a like. kind of like a um Carmen San Diego yes.

yes yes like hey car like like kind of. like Carl San Diego right so I feel like. he has this like and it's a good energy. I like he so obviously he's he's Brave. to do to have his own Vibe right you can. tell that right he's confident confident. he's a business owner this guy he is wow. wannabe business owner uh wanabe. business owner but then he also has this. emergency fund and I think a lot of. people sometimes when they they'll.

create an emergency fund a lot of fluid. people would be very like you know like. oh you're this jacket doesn't fit it's. an emergency you know the emergencies. can be very it's like is that a real. emergency type of thing they see it as a. pile of money yeah that pile of money. needs to be spent of course yeah yeah. honestly though that's still a better. mindset than where a lot of people come. to a lot of people will come on the show. and they really haven't heard of. emergency funds and they say their. credit card is their emergency fund oh. and that's I mean well he again he took.

a a high interest loan for it so I guess. that's pretty similar but at least he. understood he needed an emergency fund. some people think if anything happens. you put it on a credit card now a lot of. people don't have an option so they do. do that but then you know we try to help. them pay off the credit card as quick as. possible but what do you see a lot of is. there a lot of flexing still like I know. that's a thing where people have like. I'm going to appear this way right. absolutely is that a big thing you're. seeing still with Millennials and gen Z. is like the appearance of things or are. some people more go into like the emo.

hole of like I don't have anything I. have nothing I live in a Chipotle deep. inside of a Chipotle type of VI no there. there's still lots of flexing and lots. of cop spending too the flexing I mean. we people we have people come on with. you know that outfit I think was a. couple thousand bucks no way really yeah. it was very expensive I didn't think it. was but even he had red sunglasses too. that were like a few hundred bucks it. was crazy and hats like that those hats. are kind of costly I know yeah I mean. we've had a dude come on with you know. crazy rings on every single finger but.

he had nothing to his name if I remember. right he had kids and they're basically. growing up in poverty but at least he. has the Rings so there's there's always. lots of flexing people care about what. the person next to them at the stoplight. thinks about their car yeah you know. even though that person will never. remember them 30 seconds from then yeah. uh I've had lots of people that I talked. to where I try to get them out of a. $40,000 car loan when they make $330,000. that they can't afford and I'm like. let's try to get you into a $10,000 car. and then they scoffed a $10,000 car like.

I'm going to be seen in a $10,000 car. that mindset is kind of gross honestly. right because you're it's not even a re. cuz you're not living in your own. reality then it's like yeah I think that. was a blessing about having a shitty car. when I was a kid I could I earned the. money I bought the car it was a piece of. [ __ ] someone stole the passenger seat um. but I drove it you know people would get. in and just had to get in immediately. into the back seat yeah you know but it. was like I but it was well you learn the. value of it oh and that's the important.

part so many people that can just lean. on others and especially those get En we. see so much enablement where they get. into a hard time but then their parents. bail them out there's nothing wrong with. the heart of wanting to help someone out. but they never learn their lesson and. then they never understand the value of. $1,000 even or just a dollar just a. dollar but like um there's so many. instances where I'm talking about $300. that they're spending on something and. that means nothing nothing to them like. $300 isn't a lot of money when it could. be make a break for these people just.

making a necessary payment avoiding a. repo but then $300 is nothing to them. they just don't understand the value of. a dollar because they never had to. because you had that car you had to put. money into fixing that car probably. multiple times or being terrified of it. just bottoming out the street you. understood the value of it so you you're. not just like being disrespectful with. your car purchases going forward you. understand it yeah. are you ready to optimize your nutrition. this year Well Factor has chef made yes.

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Factor meals.com. Theo 50 off to get 50% off plus free. shipping on your first box this episode. is sponsored by better help better help. it's therapy that's what it is I'll tell. you point blank you know sometimes you. you want to get therapy something's. going on and I've had friends that have. needed help and not gotten it and it's.

scary life can be that way I'm not. trying to scare you I'm just trying to. just make sure you're aware you know. sometimes we can be dealing with stuff. and we we don't even notice it you know. so I just want you to make sure you're. taking care of yourself and if you're. afraid to try therapy one onone in. person then better help they can help. that's right better help is fully online. making therapy affordable and convenient. serving over 5 million people worldwide. you can access a diverse network of more.

than 30,000 credential therapists with a. wide range of Specialties and you can. switch easily from one therapist to. another visit betterhelp.com. Theo to get 10% off your first month. that's. betterhelp. hp.com. tho and if you've been struggling man. we've all been there or woman we've all. been there and um. this to Shall Pass are there a lot of. um get rich now type of energy out there.

oh yes and that kind of goes back to Tik. Tok and YouTube yeah take me to some of. that what do you think um what is some. of that what is yeah what is some of. that getrich yeah some of that get En. pyramid schemes people are falling into. I had someone going into a ball python. pyramid scheme that I just talked to no. way yeah so he buys 10 baby ball pythons. from his friend mhm but how do you make. money off of these ball pythons that are.

supposed to breed okay so hold on you. get 10 baby ball pythons and then you. pay somebody you get the 10 baby ball. pythons okay and now what do I do with. these baby ball pythons how how do I get. pyramided in well how do you make money. what would you what would you do to make. money off of baby ball I think you'd. have to made them and then sell 10 to. somebody else yeah now who's buying them. people you know no people that want to. buy them so that they can breed them to. sell them to people who breed them cuz. people aren't buying them for pets you.

go to a pet smart for that no one's. buying from these guys right you buy the. baby Paul pythons hoping they make kids. so that you can sell them to others who. want to make kids and sell to others and. he got sucked into that tens of. thousands of dollars and his 90day. fiance wife from somewhere in Central. America is like freaking out about this. she moved here sacrificed everything and. this dude's blowing all his money on. this and also like a million other side. hustles he's trying to do do the power. washing he's trying to do the car. detailing anything that is a Tik Tock.

getrich quick type of thing or even just. the side hustle things that some people. do make work he is just falling into it. and the pythons say this is most recent. example but the pythons he bought have. gone down 50% in value because. apparently you can day trade you can day. trade the ball pythons on like a little. market app there's a market app for day. trading ball py so so not only has. somebody created a pyramid scheme of. ball python right so you're ball python. and you're your you know you're you're. selling a few grams of ball python here.

you know an eight an eight ball python. here and then you but then the whole. time somebody's also whoever engineered. this [ __ ] thing also creating an app. where there's like almost a ball python. coin market so that's going up and down. as well yeah so you're basically driving. around town with a back seat full of. ball pythons waiting for the market to. go up enough yeah so you can pull over. and Dr and put a couple ball pythons on.

somebody's tab yeah wow that's my ex's. strategy bring that up what the [ __ ]. what in the [ __ ] is happening man that's. H toa's next pump and dump I know huh. where's she been at she went to bed. somebody said she went to Barbados or. something and she moved out of the. country um okay but so so that's a new. thing that's going on um apparently. what's another one that's going. on. uhy lots of people getting into the.

knives pyramid schemes they're buying. you know I I don't even know what. they're called I've never joined them. but they buy knives to sell to other. people so lots of those lots of people. getting into the day trading life crypto. life um we had some old guy with no. retirement poor dude I felt so bad he. actually he like blew through a million. bucks somehow um filmed it a couple. years ago and super nice dude but he. fell into this pyramid scheme of you.

like buy these nutrients that people can. take and then but you hope they come to. a storefront to step in a body scanner. that tells them how healthy they are. then they buy your nutrients but I asked. if we could come by and tour his. business like a couple months after that. he kind of fell off the face of the. earth I feel like it his shop doesn't. exist anywhere on Google Maps so I think. that pyramid scheme collapsed oh well. the reality is though the reality is in. retirement again we already talked about. 15 to 25 20% are actually able to or.

actually 15 to 20% of people take early. withdraws before even 60 and that the. median 401K bounce is 30,000 but it's. low and slow that's all it is you know. you're cooking a nice piece of meat it's. low and slow that's what your retirement. fund needs to be you're just hoping it. doubles like every seven years or so in. the market uh you just got to be. investing like 20% a year 20% a year if%. a year is a lot it's a lot but if you. accurately budget it can be relatively. decent the $5 a week is is a great.

amount yeah starting anywhere is great. starting anywhere I mean that's why you. focus on getting out of debt first so. that you have more to invest right you. know out of the high interest debt but. what a lot of people suggest is 50 30 20. 50% on needs 30% on wants because you. want to be able to live what's the point. of being here if we're not having fun. and then 20% to investing so it's still. the smallest percentage okay say if you. have uh debt right yeah and you could. save $55 every week what's the debt you. could save um say you have say you're. $10,000 in debt okay and you're 25 years.

old okay and you could save $20 a week. right would you rather that you put that. $20 a week towards paying off the debt. or is it better to take that 20 and put. it towards just like a long-term. investment well a couple qualifications. like what would you say the interest. rate of the debt is and what is the debt. that's a good point I would say the. interest rate of the debt is probably. going to be about 14% or something yeah. absolutely debt immediately cuz one it's. probably not even an asset like at least. a car is an asset even if it's a. depreciating one but let's to say it's a. credit card or a private student loan. you know that's not going to benefit.

anything at that point so pay that off. and then the other question is there's. also the third category do you have an. emergency fund if you don't have an. emergency fund then at that point we're. still funding the emergency fund over. investing because you need to protect. yourself in case of the rainy day and. the Rainy Day always comes because. there's this mentality I think some like. oh I'm not going to pay off that credit. card I'm going to invest I'm going to. save this money and invest you know what. I'm saying like I'm going to invest it. instead but you're really just reverse. engineering a nightmare kind of best. thing going to get if you're just buying. into the overall US Stock Market is an. 8% return averaged out cuz that's what.

it's been all up years down years since. the beginning has been 8% so if you have. a 15% debt you know you're you're just. not making the difference right is is. college still considered a normal path. for a lot of Jin Z yeah it can be. College people just do college in a. really stupid way though people go to. the dream school that has the sports. team they want for the major that. doesn't make money so it's not that. college is the bad thing it's you can do. it the right way get your gen ads out of. the way at a community college something.

you know ACC here is super cheap you can. go for a couple hundred bucks a semester. and get some credits a lot of diversity. too at those colleges you want to meet. some uh you know what I'm saying an. Asian girl or guy or something yeah do. it and larger class sizes as well so. there's a benefit uh instead of a big. Hall that you get in University so you. get more one-on-one one time with. professors at Community College it's. actually usually just kind of better. education just also statistically the. people that are going to Community. College are also more likely to drop out. so that's why some of the metrics are a. little bit I if you're going to drop out.

then you're dropping out there at a. cheaper uh sure at a cheaper rate but. then you don't have to go out of state. you don't have to go to the private. college you don't have to go to the. college that has your favorite sports. team that's going to go in the you know. going to win a national championship in. football you don't need that and then. also when you're going to college is it. going to have a return on the investment. for the degree you're actually trying to. get to and if you don't know what you. want to do there's nothing wrong with. taking a year off between high school. and college to figure some things out. maybe do a trade look or look at a trade. see if you're interested in that take a. career qu a trade you mean yeah just.

look and see if that's something you're. interested in and then you can go to. trade school in a smart and dumb way as. well there's expensive ones out there. and there's just average ones and I. don't want you to focus all your money. and time on something you don't even. want to do just because it like a. plumber they make great money these days. you know the median whatever it is but. it's like pretty good if you don't have. any interest in getting on your hands. and knees and doing that [ __ ] you know. maybe we're not doing that right yeah. you want to have a you want to have some. interest in what you're doing for sure. and you want to find something I mean. that's one nice thing about going to a. community college or going to a college.

is taking on some different uh courses. and seeing like what might I be. interested in you know you know I know I. like something about this but I don't. know what it is yet let me get at least. into that realm of classes absolutely I. mean you have to remember people that go. to college 40% 40% drop out so this is. not a guaranteed thing people think just. because they're going to go to college. okay my life is set now 40% who take out. student loans drop out of college wow. really I was one of them I dropped out. $40,000 of federal student loans and. 12,000 private wow really yeah it took.

me I think 11 years or something or 10. and a half or 10 and six fths five six. year almost yeah like 11 years I think. to do college yeah it happens and it. costs money dude I took a couple classes. like you already took this class and I I. remember being like yeah I know I'm good. at it I'm gonna [ __ ] take it again. really yeah okay doubling up the degree. yeah and just like and I remember one. time this teacher gave me a B I went and. took her class again to [ __ ] prove to. her I could get an A did you prove to.

her I think she got laid off she was. dealing with like a addiction pill. addiction okay but I I did a good you. know I did my best that's for sure um. what are what are some things say. somebody's they don't know what they're. doing right now right they don't know. what are uh some let's go over some like. bluecollar and then non-blue collar jobs. that people could do you could start at. home I've always said pressure washing I. grew up in a neighborhood where yeah if.

you wanted to get a leg up you could get. a pressure washer a couple hundred. dollars sure you know you get a nice one. for like five six hundred bucks now you. have to get that money first but yes. it's realistic and then you can start. pressure you can go to a wealthy. person's area and be like hey I'll. pressure wash and you can do a good job. what are some other jobs like that that. you um recommend to people to get. started uh if they don't really have. anything yeah I mean 's nothing wrong. with dropping some MC fries you know. just to try to pay the bills people look. down on that there's nothing wrong with.

these these extra you know for the fast. food jobs even just while you're trying. to pay your way through school um I mean. summer Moon coffee shop I like you know. their their Moon milk creamer I. basically lactate that [ __ ] summer moon. it's called yeah I just went to a place. called two hands okay also good I think. yeah they have nice people that work. there yeah but they were hiring just a. barista the D the manager was talking to. me was like dude get someone on your. show to come work for me I need to hire. people 18 bucks an hour you know that's.

not bad Austin's pretty expensive but 18. bucks an hour is not bad and that's a. great place to just start get your foot. in the door there's nothing wrong with. the side hustles either kind of like the. power watching a lot of people view that. as like a side hustle hopefully turning. it into a full hustle at some point what. I caution a lot of people though is a. lot of people go into that and they're. like okay now I need the pressure washer. but I need the nice pressure washer oh. wait I need the truck to be able to move. it around that was the guy that we just. the ball python guy he had to buy a. truck so that he could move his pressure. washer around so that's yeah I don't.

want to show up with 10 snakes in a. [ __ ] um Ford FES or in a Dodge Neon. you know yeah like these snakes deserve. a classy automobile it's like what the. [ __ ] are you talking about dude yeah. people get more excited about the the. actual job the journey the. entrepreneurship more than the actual. grind oh yeah that is a huge trap isn't. it yeah yeah I'm going to look the part. so much but you still have to do the. part yeah and there's nothing with just. get into a bank as well get into a bank. work as a teller uh sit down and just.

talk talk talk different loans to people. as well I mean there's lots of jobs that. don't necessarily require a degree that. you can get into I remember when I first. moved to Los Angeles we put up Flyers. everywhere we would uh do refrigerator. cleaning right nobody wants to clean. their refrigerator yeah and for like 200. bucks we'd come and clean your. refrigerator and we just take every just. clean I mean clean it good yeah and bro. I was shocked at how many people were. like I will in a. heartbeat clean this [ __ ] a lot of. perverts too trying to [ __ ] touch.

your back or whatever while you were. cleaning oh sure but you [ __ ] chalk. it up to the 200 have a have somebody on. watch while you clean back and forth. okay yeah but uh dog walking that was. another thing something you could do. right car cleaning I remember um if you. like cleaning cars you like cleaning. your car if you do something well. somebody will pay you to do that well. for them right that's one thing that I. always think we used to have a uh on the. street audit show that we did just back. in the day when I was testing things out. and I met this dude who like take me do.

that on the street audit show that. sounds really cool I just walk up to. people you know those kind of camera in. the face things but I would just ask. them money questions about their. finances and then just kind of get my. thoughts on it but we met this dude who. you know Rover Rover the app like Rover. whatever no so it's the dog walking that. you mentioning so you can hire dog. watchers Walkers or anything off of. Rover and wow beautiful animals on there. is that a corgi he's making $175,000 a. year doing that no he's not walking dogs.

uh house sitting dogs but because it's. just house sitting he can also work his. full-time Tech job from the house that. he's sitting so he's making like. $300,000 a year yeah right there's a lot. you can do no degree required for that. sit in someone's house feed their dog. take them out and the funny thing is man. I'll say this once you start doing. something you don't know where it's. going to lead. I I will be so shocked how many times. it's like okay you're a barista you. become a good Barista then somebody who.

runs a company of some sort they show up. they see a good worker when they know. when they see one they're like what are. you making here are you making $18 an. hour plus tips I'll pay you $80,000 a. year to come work right next door you. know why don't you come in tomorrow we. just talk about it see if it's something. you would like just because they see. your work ethic or I'll pay you it's. just it's amazing sometimes when when. somebody who runs a business starts to. see good work ethic that they will latch. onto it immediately absolutely but also. the things you don't know it's like you. start with a small thing and then next.

thing you know it's like like my brother. was a tree cutter right he started just. cutting down trees and after a couple. months he was like oh wait I could be. the foreman I understand how this works. and I I I I can do the Foreman's job. right I need to learn more but once I. learn more I'd be happy to hire some. other tree guys and put up my own. advertising like the barrier to entry to. things it's not as hard as you think a. lot of times it's just you don't know it. until you start yeah one of the first.

full-time editors that I hired dude was. making the math worked out to almost. like six bucks an hour working for a. YouTuber but his editing was great and. with the different incentives and. everything I uh give just based on skill. he was making six bucks an hour to now. 100 thousand a year yeah so like if you. can prove it right and I have a friend. who's um been some personal assistan. thing for another friend and I was like. bro you should just start learning. social media edits learn how to do them. so then whenever you're with this guy.

now you could you know just capture a. couple things on your phone put it. through one of these kind of like fil. different filters or different programs. that they have online you know there's. cap C there's all these different things. and next thing you know you can show him. three examples the next day and now the. next time he hires you you to go out. with him for an eveve or whatever it is. you know you can tack on an extra 30. bucks an hour because you're going to. make a sick edit for him or something. you know like there's just there's a lot. of things that you can do I think um. that's kind of an easy one you can learn. is how to become a social media editor. video editor yes now you're going to. have to have a computer that works to do.

it and you're going to have to have at. least your your cell phone to be able to. do that but I think that that's. realistic I'm trying to think of what. else oh carpet cleaning is something. that people don't want to do a lot of. times yeah so I mean that's my small. business or that's what the small. business my dad owns is is just you know. a little power wash and window cleaning. and carpet cleaning wow and that's what. took him from you know being a cashier. to gas station when we were poor when I. was born to now they're doing really. well because you can grow that you can. scale that they open a second Branch. they're doing well there there's a lot. of opportunities there and then in like.

the video editing world just if you're. just asking yourself what can I do to. make that person's life easier they'll. give you money yeah yeah I agree um. trying to think of some other ones work. from home that aren't as blue collar I. know there's data entry is one I see a. lot of advertising for data entry is. that a valid one it it could I honestly. I have no idea it could be yeah yeah. look that up is data entry of valid uh. Gateway job or. something I mean honestly just any way.

to get into uh a building a business and. just getting to know management there. and working with them and just asking. what do they need being able to fulfill. those tasks you'll move up yeah 15. according to the current data an entry. level data entry position um typically. pays around $5 to $20 power in the US. with an average anual salary you're. ranging from 30,000 to 40,000 and are. you going to do that your whole life no. but sometimes just getting into the. company may need to do it for a couple. months to get out of to get out of a. situation you know. um maybe you could do it while your kids.

at school you know what I'm saying like. just I'm just trying to think of little. ways I know that these are obviously me. saying these things and I have no idea. what some of people's real lives are. like of course but in the conversations. what I see are people looking down on. shops like that they're not willing to. even though they're not paying their. bill yeah right it's like at that point. everyone's just looking down upon them I. mean the car company is that's about to. repo them the bank is looking down on. them they can work that job they can. work the McDonald's whatever it is just.

to make ends meet have you ever had. somebody comeing with a business idea. that was just. repulsive and you saw them going down a. road and you're like that old guy I was. telling you about he did pump like about. a million bucks into this whole thing. really his entire life savings. everything he's worked for into his. 6070s wherever he was and again the. machine whatever this body scanning. machine is I I'm not in that world so I. don't know but I know it was like 50,000. or something crazy and he the storefront. that he was investing in again just a.

quarter later uh biof frequency gadgets. or a total scam let's let's zoom in on. this see if this sounds like it I would. like to find this so we can put this out. this is interesting I recently asked. what I thought about the solx AO scan. this website for the product includes. this claim AO scan technology by solx is. an elegant yet simple to use frequency. Technology based on Tesla Einstein and. other prominent scientist discoveries uh. it uses delicate buer frequencies and. electromagnetic signals to communicate. with the body was it something like that. or no it had nutrients involved you said.

well no he used the results to try to. sell people to get nutrients oh I see. and that was the pyramid schem he was a. part of got it so first there's going to. be a place where people are going to get. this scan done and then based on the the. the outcomes of the scan you're going to. be able to sell them nutrients to get. them equal exactly get them whole. wow man it's just it's crazy the level. of people we had a glitter mining Thing. by us growing up people sold these. glitter like you could buy shares of. glitter mines or whatever where they.

were mining glitter and they [ __ ]. robbed so many of us oh yeah I was in a. pyramid scheme too I put I lost. something what' you sell just it was. like you it was you basically sold. somebody right into a pyramid like I got. into and it was on the chart it was a. pyramid yeah and it was like well I. remember asking somebody like is this a. pyramid scheme and they're like I don't. know you remember what you were selling. just you sold literally the square that. you had it was like I'm going to sell. somebody sold me a square and then I was.

like okay now I get two squares I get to. sell two squares it was a f it was a. that is like a literal okay yeah and. dude the crazy part was I remember. asking my friend's dad about it and he. had bought into it too so everybody got. took by us we see people get into the. makeup one a lot the makeup pyramid SCH. yeah it's where you you buy makeup from. someone else and you sell that to other. people and you try to recruit people to. sell makeup and well there's like Donna. uh what's that Donna what's that K Mary.

Kay Mary Kay we get lots of Mary Kays. you do yes absolutely I'll tell you a. story I was at uh in West Virginia I was. doing a show there one weekend and they. had the grand sellers of the Mary Kay. group and they all had Cadillacs or what. and they were doing a big thing there. and they all pulled up I mean they must. had 40 different Cadillacs that they. pulled up in they figured out the game. multi-level marketing so it's kind of. yeah I mean again people don't want to. do the low and slow they want to get. rich now right they're not willing to.

just invest and hopefully hit that 59. and a half that's when you can withdraw. from your retirement tax advantage. retirement accounts without a penalty is. that one of the things you see with um. the younger generation is just because. of Tik Tok there's so many more schemes. out there yeah it's people wanting the. easy way out absolutely because they see. other people that have a proven success. rate to actually do it so it's just a. quick way to get to wealthy and 60 seem. so far to a 20-year-old so far yeah um. what were some I know there were some uh.

trying to think of some different. inventions or schemes there was one. called. din. Dina Dy na it was a bike wheel this. thing was crazy dino bike wheel this was. it pulled up this. dinosphere dinosphere. vehicle zoom. in the dinosphere is a wheel vehicle. designed designed patented in 1930 by. John archal. perves um from Somerset UK pervez idea.

for the vehicle was inspired by a sketch. made by Leonardo da Vinci look at this. thing two prototypes were initially. built a smaller electric model and one. with a gasoline motor um let me see the. driver's seat and the motor were part of. one unit mounted with wheels upon the. interior rails of the outer hoop I mean. this thing looks crazy if you can you. can't see this um on audio but it's. basically a guy driving a huge Tire. around. um the singular driving seat and motor.

unit when powered forward would thus try. to climb up the spherical rails which. would cause the lattice cage to roll. forward so basically you're in a fair. it's like something you'd be in at a. carnival steering of the Prototype was. crude requiring the driver to lean in. the direction sought to. travel uh though perves envisioned. future models equipped with gears that. would shift the inner housing without. leaning thus tipping the dinosphere in. the direction of travel per uh a novelty. model was later constructed by fvz that.

could seat eight passengers the. dinosphere eight made specifically for. Beach use I want to see that how do you. fit eight people in that looks like a. beach to it's basically like a hamster. wheel if you guys could imagine a. hamster wheel that someone drove um oh. there you go there's that eight seater. oh that's kind of cool you get to sit in. a circle and it just. cruises that's romantic yeah um okay go. back I just want to see what happened to. it. um it was also impossible to steer or. break another aspect of the vehicle that.

receiv while the M while the vehicle. could move along just fine it was also. impossible to steer brake another aspect. of the vehicle that received criticism. was the phenomenon of uh gerbling oh. gerbling the tendency when accelerating. or breaking the vehicle for the. independent housing holding the driver. within the mon wheel to spin within the. moving structure imagine you slam on the. brakes right the vehicle stops but you. just keep spinning in the middle we need. Elon to get on this bring it back yeah. that's something we need back what else. did that I'm trying to think of a c oh.

the banana slicer can you see if you. find that one this was something that. somebody. invented the problem was no go to that. one right there on the right hutler go. to the hudler right there it was a one. siiz fits all uh your banana had to be. one siiz right so if your banana was. obtuse or if it was like I don't want to. say an African banana or whatever but if. it was a different type type of banana. or Filipino banana I don't think this. you you couldn't use this. one um but that's crazy to think about.

right yeah that somebody invented that. that was kind of a crazy one trying to. think of anything else I remember. hearing about um oh there's always that. baby cage that was people would put that. baby outside of the window remember that. that baby cage out window yeah it hung. it from a window yeah there you go right. there get that little baby at that cage. baby the bizarre history of the baby. cage pull up uh click on that get me a. link to that Daddy it's little. outy little outy yeah little outsid.

witzy. huh. okay uh play on words there dangling. baby cages came into Vogue after they. were invented in 1922 but their Origins. really began with the 1884 book The care. of feeding of. children um by EMT Hol EMT carefully. describes how babies need to be aired. out fresh air is required to renew and. purify the blood and this is just as. necessary for health and growth as. proper. food um and what were those cages how.

big was that baby cage. daddy oh that baby's enjoying it huh. it's got to be kind of nice put your. baby out there for an hour let him meet. a bird or whatever yeah have a falcon. [ __ ] befriend him it was believed. that exposing infants to cold. temperatures both outside and through. cold water bathing would grant them a. certain immunity to catching minor. illnesses I could see some of that this. is the first cold plunge yeah that's all. that's is yeah yeah that's the first. gold Pune right there that's if that's. whim Hoff I think that's one of the.

earliest pictures of whim Hoff right. there that's Joe Rogan right there when. he's a. baby um tell me a little bit about your. own budgeting at simpler budget so I can. make sure that uh people know about that. young people who are confused or they. don't want to end up in a bad uh. Financial realm tell me about simpler. budget the first part of just like. fixing finances is the budget cuz you. got to know what's going in and out and. a lot of people over complicated they. get a spreadsheet that they can't manage. or they download an app like you need a. budget which is another really good one.

but it's like so complicated and the. learning curve is huge and it has all. these qualifications for so many things. that you just don't need people that are. in bad finances literally just need one. place where they can just connect their. accounts tells them where money's going. and you can figure out where to actually. stop spending money or close a credit. card or we even we're tracking different. uh account where you can see your. Investments as well so you can see if. you're on track and whatnot uh so just. that simple stuff and what a lot of.

people struggle with even if they create. a simple Budget on a spreadsheet they. don't come back to it the next month so. they make the budget but then they don't. actively budget because budgeting is not. just making a budget you got to stick to. it you got to follow it so this helps. you by setting alerts and whatever you. need and continued education and the you. know premium version we have these. classes with financial professionals. that you can join live and a ask them. questions and they help Mentor you now. are these classes more valuable than the. original classes so these are real. classes these are valuable classes yeah. well these are Financial professionals.

you know certified financial planners. and what not and people with budgeting. experience again the thing we talked. about at the beginning that was just. teaching how to day trade so that's. that's right so day trading in its own. right is risky this is teaching people. how to save and budget plan bu budget. proven things that like the most every. licensed Financial professional would. talk about so keeping people on track. people just need those extra motivations. a lot of people watch our show that are. on that are on track to budget and. payoff debt but they keep coming back.

because it helps them stay motivated. throughout the week for sure it's just. like it's almost like going to recovery. meetings or AA Mee like you go to the. meetings just to keep the word in your. head right you want to stay motivated I. love the idea that you have this world. that's entertaining but then the back. end of the entertainment is let's keep. people budgeted and on track it's like. it's exactly really what a lot of Young. Generation needs CU things have. everything has entertainment value now. it's like you know you're at a funeral. and there's people you know like they're. selling albums and [ __ ] or whatever like. they you know um but you know there's.

everything has entertainment value now. so to have an entertainment value with. financial with adding Financial. structure to people's lives I think it's. really amazing um there's a lot of. people out there that you don't know if. you can trust I've seen them in in over. my lifetime where you come with these. guys I'm going to name some of these. guys financier types in the world and um. can you will you be willing to just give. me your take if I know them if you know. them okay Grant pull them up okay Grant. Cardone is one yeah Grant Cardone one.

thing one message that I kind of know. about him is he he's okay with going. into a lot of debt and risking. everything in order to get you know. property or start a business he's like. if you're not making six figures at 21. you're a failure I think you know like. hopefully I'm not putting words into his. mouth because I don't follow a lot of. his stuff but I know it's a little too. risky for my taste a little too risky a. little too flexing of wealth him with. his private jet there that's you know. that's I get the aspirational part.

that's great you know maybe you'll get. there someday but let's just be. realistic for the average American low. and slow invest try to get to retirement. yeah I think the flexing of wealth is so. bizarre to me because I would never want. I would never if I looked at something. somebody El said I would feel bad if I. don't have it I feel like or part of me. would part of me would feel inferior or. something maybe not like up here but. somewhere in my head I like oh I'm not. good enough or something I don't. understand sometimes why people do that. sort of thing but I also understand.

that's just my school of thought and. that some people like this aspirational. style like you know what I'm saying. let's see The Flash and that motivates. some people so I think there's a. motivational tactic in it um Alex hori. you know him oh yeah I think he's really. good in like the motivational part you. know I don't know a lot about his own. Financial advice but in terms of you. know really being motivated for your. entrepreneurial mindset that's been. really good and honestly I I've watched. a couple of those videos when I was.

dealing with a couple you know issues. while we were scaling our business and. just like you know what what does this. guy do he built like a multi-million. hundred million dollar business wow and. you know obviously that's if someone's. done it maybe listen to them so I've. listened to a couple things that have. been beneficial from him um Ty Lopez. he's the famous guy that would read a. book a day that [ __ ] always was crazy to. me than this is the guy that kind of put. a bad taste in everyone's mouth about. buying courses online which kind of.

sucks yeah because I think you can we've. put a lot of time and value and. resources in producing educational. content uh that you know people could. pay for that helps guide them a little. more handheld and we've seen like one of. the lowest refund rates even though we. offer free refunds like no matter what. and we've seen like the lowest refund. rate in the industry but so many people. immediately they see the class like oh. it's a scam it's a scam you have to pay. for it it's a scam and it kind of. started with this dude selling a course.

on a million different things uh we had. the book in a day [ __ ] was always weird. like I don't even know if I want to talk. to a guy who just read Where the Red. Fern Grows you know what I'm saying like. I don't know who I if I want to [ __ ]. talk to some guy who just read that in. one day but again it was also it was the. Grand Cardone like wealth flexing thing. all his videos were like you know behind. a Lamborghini in a garage and that's not. where the average person's going to be. and that's okay it's okay to be poor. it's fun well it's okay to be settled. with just a good content retirement not.

everyone needs to risk everything to go. crazy and go into a lot of Deb on a big. risk not that that's what he advocates. for but yeah and having a job is just. one of the most important things I. remember my buddy's dad would always. just say do you have a job it's the. first thing you would ask me every time. I do you have a job if I had a job he'd. talk to me if I didn't have a job he. wouldn't talk it's just like you need to. have a job you need to have something. you are doing and not because you need. to be part of capitalist. you aob it can be you know you're making. at home that you're aiming toward or.

doing but you want to have some. motivation a job is just a form of. motivation it's just an active. motivation well there's some purpose. people find purpose in jobs some some. people are purposeless after retirement. people do you know fire do you know fire. do I know fire F uh fire the the. independence movement where you stack up. as much money as possible invest it all. like crazy so you can retire at like 45m. a lot of people did that and no one's. really doing it anymore because everyone. retired at 45 with a few million bucks. and they're bored and they have no.

purpose and there's nothing CU they. don't have a job they have a family. maybe but they don't have the purpose oh. I know I have some women friends that. have like spent really got focused on. and they now they want families and. stuff and so now that's a little bit. tough for some of them oh sure I think. fire affects women probably differently. because they can have children maybe too. you know if they focus so much but even. guys like I mean I focus on work mostly. my biggest relationship is my work you. know it's like I don't have a. relationship right now I'm not lamenting. about it I would like to get married or. something but when I'm like who's my.

spouse it's my work you know I put a. wedding ring on my job you know I like I. like working the second I think about. doing something I think about working. you know um what about um Gary varer. Chuck he's kind of a wild one. huh Gary's always been like the guy he's. like oh you got silverware in your house. sell it sell it right now you know sell. serverware sell your house how much is. your house worth 3,000 to get out of. debt or what sell the serverware $65 and.

then he'll pull up a guy be standing in. a park right cuz he has nowhere to live. now he's eating soup with his hand. because he has no more utensils right. and Gary will be like how much money you. got go like I got $4,000 cash he's like. you [ __ ] did it buddy and he'll hug. him and then drive off in a limousine. right all right but it's like that's the. thing it's like you just don't want any. loose cash sitting around you know he's. like oh your grandmother's asleep sell. her [ __ ] uh night gown while she's. resting she don't need it you know it's. like anything anything they have lease. it out your grandfather's taking a nap.

lease out his eyeglasses while he's. resting you know it's just all type of. stuff like that man do you know the. purpose though I'm so curious cuz I I do. not know this guy it's a motivation I. feel like right and this just my opinion. also but it's just it's it's always. there's always something they want to. motivate you to do you know yeah um in. voner Chuck his family owned a wine. company growing up no shade but it's. like dude if my family had a wine. company growing up you know I remember. my mom beat me one time with a bag of.

[ __ ] Frozen oranges I remember that. [ __ ] did he sell his Winery it's a. little different than that but I'm just. saying uh I'm not sure but I'm just. saying you know what I'm saying the Mero. don't fall far from the grape you know. what I'm saying brother um what else are. we going to talk about Tai dollar sign. he's not is he an investor no he's just. a what does he do. um financial advisor. no uh there isn't much information about.

Tai dollar son's Investments okay so I. don't know how you ended up on our list. then um what else anything else on our. sheet wanted to go over was there. anything else that you wanted to talk. about specifically uh Caleb oh man I. just want I just want people to realize. that they're in a better place than they. think they are you know that's kind of. one thing we didn't really talk about is. that I you know I don't want to like. like just like glug glug on America I. agree I don't want to be negative only. yeah this is there's a lot more. opportunity that people aren't willing.

to accept we're in a very Doom and Gloom. right now where everyone again we talked. about the victim thing earlier and. everyone's like it's impossible to get. ahead it's a why do anything because. everything's so hard right now and. obviously inflation was brutal. especially when it was nearing that like. 9% but like we just had yesterday. yesterday before we filmed this 256,000. jobs and added in the last month when. they expected 155,000 like unemployment. rate at. 4.1% here we have a GDP 19 or $25.

trillion where in the UK Germany Japan. we're looking AT3 to5 trillion GDP per. capital here 70 to 880,000 UK 47,000 you. know there's a lot of opportunity here I. don't want people to just really always. beat themselves down and I know like my. shows it is on the negative side because. the their finances are really bad but I. want people to know they do have more. opportunity out there if they're willing. to take a little bit of risk yeah yeah. and I think that I think there's this.

pressure probably especially with the. younger generation to put you have to. put your life on a social media right. and so then you would be you would feel. more Shame about having certain jobs. because you wouldn't want to put that. reality on the social media where like. when I was in high school or in college. you didn't that wasn't a thing it was. like you didn't I mean social media was. coming up but it wasn't like that it. wasn't like you didn't have um you. didn't have that immediate reaction with. people like ripping you or roasting you.

or or or or um making funny online so I. think that that's a different thing. where it's like oh man not what will I. think of this job man what will other. people think if I post about this job or. if I live in this world and I think that. that's where you can just be creative if. you do want to post about your job be. funny about it be like you know what I'm. saying and um and also you have to just. realize like it's the [ __ ] that you. don't want to be doing that's when you. sit there and your brain thinks up the. [ __ ] you do want to be doing dude when I. was doing [ __ ] I did not want to do dude.

that's when my brain was getting. inspired bro I mean my brain was like. and that's when I got to see what my. brain even was my brain was like we're. going to figure this out my brain. started to surprise me with ideas and. thoughts and um so I think that yeah you. have to like just know that sometimes. you feel like man I'm in the dirt but. you're really in the soil kind of type. of vibe you know yeah I like that. mentality there's a lot of shame in. certain jobs right now and that and we.

put it on it's like just put the fries. in the bag it's like sure but dude I. used to just put the pizza in the Box. forever you know what I'm saying like we. had a and it was a blast dude yeah I. delivered Jimmy John's for like six. years really yeah it was great I've T. I've had Jimmy John on this podcast yeah. as a business entrepreneur big dude yeah. great dude man I saw him at three weeks. ago yeah so it's just like you just. never know where you're going to be you. know like I mean you just don't you know. Jimmy John's my favorite sandwich you. almost got hit running across a [ __ ]. highway to get a couple months what are.

you number nine guy I'm a number nine. guy me I go Turkey Tom extra turkey. light mayonnaise don't look me in the. [ __ ] eyes I'll come in there and get. it okay I love it yeah nice and I'll. honk my horn for I'm going to come in. I'll even call them and tell them that. and they're like this is getting a. little weird I'm like just I want. everybody looking the other way leave. the sandwich on the counter it is a very. kind of like it's the closest I get to. like robbing a banker whatever um what. was the last thing I was going to ask. you uh oh what do you think of an eight-. leg parlay as a realistic probability.

for somebody trying to get a leg up in. the world you're going to have to. explain that one to me I'm talking about. somebody who's got $10 left and they put. it on oh [ __ ] and they put it on eight. football games to all hit for a weekend. okay CU this is happening basically in. every pie Capa house in. America yeah dude pting is getting kind. of out of control right now I mean you. have people laying in their bed at night. [ __ ] you know you know just hopped up. on zins praying for saquan Barkley it's.

getting bizarre these betting companies. want to sponsor us like every day we. have we have to tell them to [ __ ] off so. much it's crazy it's like any kind of. drug any kind of drinking any kind of. whatever you know bedding can be fun it. can be good if it gets addictive that's. where it's bad $10 if you have $10 to. your name that's all you have left I. mean this is people probably [ __ ] on me. for saying this but it's probably not. going to make the biggest difference for. just in real world about it for sure but. Behavior there is the behavior. conversation if you are going to throw. it towards the bet that is demonstrating.

maybe why you got there in the first. place so that could be a good step to. correct your behavior for the first time. even if the $10 is going to be make a. break for whether or not your mortgage. is going to be paid no yeah but it's a. good behavior fix um what is a good. investment you just say you you keep. things pretty safe for the most part huh. yeah I mean I'm I'm mixed to real estate. and like just S&P 500 and when you say. real estate what do you mean like what. type of stuff would you get into well I. got my personal residence but then up in. Michigan where I'm from in kazoo I have. some rental properties there that were.

like essentially almost like burned down. pieces of [ __ ] that like no one would. live in I'm like all right I'll buy it. fix it up and now it's you know students. are able to live there and stuff so. there's you know it kind of it matches. with my morals a little bit instead of. just buying up desperately needed. housing but also it's uh making money. which is good yeah and over time it. definitely I mean time goes fast too. people don't realize it you know time. goes fast. um yeah people people bag on gen z a lot. you know I think there's always that. thing where it's like we're bagging on. the Next Generation but uh I was looking.

at um a statistic the other day where um. Jin Z is like the average job they keep. it for two like two and a half years and. it's only six months less than. Millennials kept their job sure you know. so it's not like Jin ear can't work or. that they're not working you know. sometimes that's a lot of the energy. that's out there well you know the crazy. thing can you look up what gen Z thinks. they need to live have you seen this. this shit's crazy and I'm kind of gen Z. I'm like in that middle so I can Shi.

talk both. sides well that wasn't the ne that. wasn't the report that came out but. Google AI is telling us something there. we go see uh Yahoo right there they. think they need $500,000 a year to be. successful okay go to that minimum. Generation Z thinks it needs half a. million dollars a year to succeed wow. that part's crazy half a million dollars. um they pay 4,000 uh let me see Arman. darer Howard Howard and her fiance say.

together earn more than $200,000 a. 28-year-old knows that's more money than. the vast majority of Americans make yet. the Los Angeles couple still live about. half an hour drive from their pricier. neighborhoods where most of their. friends live they pay $44,000 a a month. in rent on top of her $450 student. payment their $400 car payment and the. $200 she sends home to her family in. Indonesia so they're saying that they. need uh the zillennial she's at the cusp. of millennial generation in Jin Z set. aside 10% of her income for retirement.

and has a healthy monthly budget of $500. for entertainment and dining out which. you say comes with the side of guilt as. bigger financial goals continually Loom. u in this economy she said a household. income of 500,000 between two people. would be very comfortable very. comfortable it would be very comfortable. yeah it would be very comfortable and. that's also there man that's Los Angeles. yeah that's fair but like the median. household income in the United States is. like $60,000 you know right 75 something. like that yeah that's one thing that I. like about living in a regular place a. little bit more is that you start to get. a more reasonable idea of things yeah. absolutely you know I mean the one of.

the issues is we're all stuck watching. these celebrities who are living these. insane lives or pretending to also you. know I find Los Angeles in its own like. it has this like idea like movies and. parties and all the [ __ ] but I always. found it to be like it shuts down early. like at all the bars close early. everything it's it's all for look right. everything there was more like let's. make it look this way right interesting. um one thing I think that tells me. specifically though zillennial like I'm. a zillennial you know in between that.

era I didn't have a job during the Great. Recession I didn't need to I was a kid. what that tells me thinking they need. $500,000 a year is that there's about to. be a big Awakening when my generation. and the people around me go through our. actual first recession and you realize. that okay maybe living isn't about being. able to get you know five cups of coffee. a day that isn't the requirement for. life I want you to do it yes but for. them that is full Comfort where you know. throughout most the human civilization.

we're just trying to survive yeah and we. are very comfortable right now yeah it's. a comfortable world man I mean America. is a comfortable place you know I know. it's un it feels uncomfortable a lot of. times certainly in comparison to other. people's lives but yeah it's like most. of us have food you know we have. clothing you know we have a place to. sleep and that n like inter in the world. that is. well like a demonstration of this I was. dating someone from Venezuela for a. little bit oh wow okay I know exotic and.

she one thing she was telling me about. her culture I was like asking what's. different about this culture versus the. different culture she lived in all over. the world when she was escaping. Venezuela and she says you know things. are good in America because of how much. we focus on the minor little social. issue for everything when you have the. luxury to focus on um train stuff or not. just that like like okay so Zuckerberg. right yesterday he announced that. tampons are leaving men's bathroom or. whatever like I I don't care either way. whatever but the fact that that is able.

to be such a major thing that we're. freaking out about when you have that in. a culture that's how you know everything. else is pretty damn okay because we're. allowed to focus our energy on that and. not just making sure that half the. country isn't starving yeah or so that. the media is tricking us too by saying. like this is what we should be talking. about you know yeah click yeah but I. agree the fact that people are that that. people are bringing that kind of stuff. up I'm trying to think of anything else. that I wanted to talk about um any other. uh any other group that came on your.

show that was kind of fascinating to you. I would love to play one more clip from. your show what's another one that we. have this that we could play yeah I just. encourage you guys to go if you like you. know you get a financial take it's very. much um it's just it's a perfect. microcosm that you're in and it can be a. macrocosm too I'm not trying to little. it by saying that I'm not the best with. words but I think it's just a perfect uh. like like nucleus that you're in of like.

entertainment and finances what's this. one right. here oh yeah play this one dude we built. up $775,000 of student loan debt say the. degree one more time all right study. Shakespeare okay Shakespeare lovely guy. what are you going to do with that um. well that's such a comp complicated. question like oh no I was really hoping. for a more you knew what you were going. to. this is where I just have to say we come. from different worlds you're not going. to understand this um you won't.

understand like the precarity and why. it's really all right what do you mean. though like your reaction there was like. oh I no I studied music composition. College I was in the College of Arts. School of Music okay but I asked the job. and you didn't know what to say so I. have a lot of experience working at. writing centers um so I could be um what. are yeah what are you going to do with. that yeah you know what that is that is. other major thing that is happening a. lot throughout is the continuous College. because they're they don't want to leave. college so they go for the Master's. Degree the doctorate degree and that's.

more and more we're seeing so many more. people doing the endless College get the. other degree because once you leave. College it's a scary world you're on. your own it's very scary I want to go. back every day I want to go back every. day and this person gets a Shakespeare. degree so yeah doctor and Shakespeare. yeah to be broke or not to be broke dude. that's the question I feel like what now. unless now unless you're going to go to. a renaissance fair and get winked at by. the king or something I feel like that's. going to be an uphill climb dude you.

know well she wants to be a teacher. that's what they do you go to school to. teach other people go to scho you stay. in this world there is a there's always. a person who stays in school yeah and PE. sometimes it gets blamed on like oh look. at this dude he can't get his diplom or. this girl is's an alcoholic and she you. know goes to um you know uh rut or. whatever but every now and then there's. the opposite of it of somebody who just. stays in because they don't want to get. out and face the world yeah absolutely.

yeah um cool Caleb Hammer I appreciate. it so much man thank you so much for. just being willing to come and chat with. me um I'm excited to see what you guys. do and uh yeah I just think it's really. I think it's really neat to have just uh. kind of this corner of um entertainment. and finances and kind of just basic. needs really you know yeah we all need a. basic needs voice you know we need that. kind of like Jiminy Cricket that shows. up on your shoulder yeah a little wakeup. call yeah yeah for sure and you're an. alarm clock man so um thank you so much.

Caleb Hammer best of luck brother thanks. man I appreciate. [Music]. itoa like these leaves I must be. [Music]. Cornerstone oh but when I reach that. ground I'll share this piece of mind I. found I can feel it in my. bones but it's going to take.