Someone Finally Snapped On Financial Audit

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Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Caleb Hammer?

  To watch episodes of Financial Audit a week earlier, check us out on YouTube. If you could not find a food pantry, you would be starving.

• 0:05Speaker 01

  We don't know that.

• 0:07Caleb Hammer?

  What's the alternative?

• 0:08Speaker 01

  Figuring it out. Is it not so bad to be homeless?

• 0:12Caleb Hammer?

  I need to stoop this down to a 15-year-old level.

• 0:15Speaker 01

  You want to go ahead and baby me because you can't handle your emotions about how I'm responding? By all means, go ahead.

• 0:20Caleb Hammer?

  A little penis!

• 0:21Speaker 01

  I mean, just saying. I need a break.

• 0:25Caleb Hammer?

  All of our education is bundled together for 15% off with a 30-day money-back guarantee. Go to kalebammer.com/bundle or click the link in the description or pin comment below.

• 0:34Speaker 01

  Hi, my name is Avery. I'm 30 years old, from Colleen, Texas, and this is the Financial Audit.

• 0:40Caleb Hammer?

  What do you do for a living in Colleen, Texas?

• 0:42Speaker 01

  I'm a nanny.

• 0:43Caleb Hammer?

  Oh, okay, very cool. Okay, great. And how many hours a week are you working nannying?

• 0:49Speaker 01

  20 to 30.

• 0:50Caleb Hammer?

  All right. Colleen, it's an interesting town in terms of cost of living. It kind of really varies. Military town, you can see low end, but you can also kind of see high end. Sometimes the market gets pushed up with like limited supply and a lot of people living there. How are you feeling living in Colleen on 20 to 30 hours a week? What's your hourly pay?

• 1:10Speaker 01

  $18 an hour. I feel pretty good. Coming from California to Texas, I could be doing better.

• 1:18Caleb Hammer?

  Would you come?

• 1:20Speaker 01

  September last year.

• 1:21Caleb Hammer?

  Okay, but if it's 24 hours a week, on average, 25 hours a week on average, it's $1,800 a month, not really what most people would consider.

• 1:34Speaker 01

  Oh, including an extra $125 a week because I do some extra things around the house as a nanny. I do like laundry.

• 1:42Caleb Hammer?

  So cleaning as well. Oh, that kind of stuff. Oh, that kind of stuff.

• 1:46Speaker 01

  More like tidy, yeah.

• 1:47Caleb Hammer?

  So an extra $180 a week?

• 1:49Speaker 01

  An extra $125 a week. So that's 500 a month.

• 1:52Caleb Hammer?

  So 2,300. Well, how do you feel living on?

• 1:57Caleb Hammer?

  That then, cause again, we're talking less than thirty thousand hours a year.

• 2:04Speaker 01

  From my history and where I've come from, I'm okay with it. Obviously, I know the possibilities of what I could be making, so I.

• 2:10Caleb Hammer?

  How are you living? Are you in-house nanny?

• 2:12Speaker 01

  No.

• 2:13Caleb Hammer?

  So how are you living though? Cause it is.

• 2:16Speaker 01

  I don't pay rent.

• 2:17Caleb Hammer?

  How?

• 2:18Speaker 01

  I live with my boyfriend and he pays rent.

• 2:20Caleb Hammer?

  Oh, much more sense, cause I wouldn't know how the possible you would be able to survive.

• 2:30Speaker 01

  Yeah, I would have to probably be able to.

• 2:32Caleb Hammer?

  You guys move here together?

• 2:33Speaker 01

  I moved here and to live in with them.

• 2:36Caleb Hammer?

  Okay.

• 2:37Speaker 01

  Yeah.

• 2:38Caleb Hammer?

  Okay. Things are making much more sense. So that's how you feel. Okay. Do you have a lot of debt though, for someone that, you know, self reportedly feels okay?

• 2:47Speaker 01

  Yeah, you're right. I do.

• 2:49Caleb Hammer?

  What hits your account?

• 2:50Speaker 01

  I'm saying I feel okay due to my history of like where I've come from. So like granted, it's not where it should be, maybe not the best, but I do feel okay.

• 2:59Caleb Hammer?

  So what hits your account on a monthly basis, income wise? What hits your account?

• 3:04Speaker 01

  Definitely.

• 3:04Caleb Hammer?

  Give me the average or was was I right?

• 3:06Speaker 01

  Five, yeah, twenty-five hundred.

• 3:08Caleb Hammer?

  About twenty-five hundred?

• 3:09Speaker 01

  Yeah.

• 3:09Caleb Hammer?

  All right. And what are we doing with the twenty-five hundred that comes in? What are we doing?

• 3:14Speaker 01

  Paying my bills and then blowing the rest. I'm like, whatever.

• 3:18Caleb Hammer?

  But you're not paying your bills because we have debt.

• 3:21Speaker 01

  Uh, you're.

• 3:22Caleb Hammer?

  Unless you're not considering paying down debt, paying your bills.

• 3:25Speaker 01

  Saying that, yeah, I'm not paying down my debt. What I am doing is paying my minimum. So my bills, I would say are my minimum monthly payments. That's what I calculate.

• 3:33Caleb Hammer?

  Why not pay down the debts? What happens if you guys break up? How long have you guys been together?

• 3:37Speaker 01

  A little over a year.

• 3:38Caleb Hammer?

  Cool. Well, that's pretty young in terms of relationship, at least these days. But if you guys break up, how are you gonna survive? You're not gonna be able to survive. You're not gonna be able to get rent to save your life. Good luck. It'd be fifty percent for a basic average place.

• 3:49Speaker 01

  Yeah, you could say that, or I would survive. Like, I think most people do figure it out.

• 3:55Caleb Hammer?

  Yeah, there's also literally hundreds of thousands of people that live on the street. So it's not as easy as people just figure it out. Like a lot of things happen.

• 4:04Speaker 01

  It is that easy though.

• 4:05Caleb Hammer?

  But.

• 4:06Speaker 01

  How do you, how do you get through life with obstacles, crises, like rocks, bumps in the road? You figure it out. Like maybe.

• 4:13Caleb Hammer?

  Girl, I don't wanna ruin your little rainbow road real quick, but people literally die.

• 4:20Caleb Hammer?

  All the time. People aren't just always making it to the majority, probably. But even still, life expectancy is low in certain areas. You put yourself in a bad situation. Force yourself through bankruptcy, go ahead and get a car, get repo.

• 4:31Speaker 01

  Really a bad situation is in at all perspective of like an individual's.

• 4:34Caleb Hammer?

  Bad situation, getting a car, getting repo? In a non-walkable infrastructure area?

• 4:38Speaker 01

  I think people have to hit their bottoms, their lows in order to go up.

• 4:42Caleb Hammer?

  You'd rather bottom.

• 4:44Speaker 01

  In certain situations, learning life lessons, a hundred percent.

• 4:48Caleb Hammer?

  Well, why not learn it before you get, I'm so confused. Why would you? Come on.

• 4:52Speaker 01

  No, I'm being serious.

• 4:53Caleb Hammer?

  I know, but why, sorry. Why? Why would you want to get to the bottom if we can already know what the bottom looks like? Why get yourself there? I don't understand the point.

• 5:04Speaker 01

  I don't think when making decisions that you're going, oh, I wanna like ruin my life. It's like, oh no, I want the Starbucks, I want the Target, I wanna go to the rave. And then it piles up and then you're like, oh shit, I am kinda like at a rock bottom financially.

• 5:17Caleb Hammer?

  Of course, but you're not, cuz you are seemingly.

• 5:21Speaker 01

  But you're saying I could get to a worse, like a lower.

• 5:23Caleb Hammer?

  Yes, yes.

• 5:25Speaker 01

  We don't know that. We don't know that for fact.

• 5:26Caleb Hammer?

  No, we know you can for a fact. And then I. We don't know you will for a fact. We know you can for a fact, cuz other people are.

• 5:34Speaker 01

  Which would also.

• 5:35Caleb Hammer?

  Not anything is possible. There are literally hundreds of thousands of people every year that get to a worse position, lose housing, lose their cars.

• 5:42Speaker 01

  Yeah.

• 5:43Caleb Hammer?

  Get completely fucked.

• 5:45Speaker 01

  A hundred percent.

• 5:46Caleb Hammer?

  But you're pretending like that's not possible, that people just figure it out. People don't just figure it out. People literally die.

• 5:52Speaker 01

  Sure, but we're talking about me.

• 5:53Caleb Hammer?

  No.

• 5:53Speaker 01

  Talking about me, what would I be able to do in this situation?

• 5:56Caleb Hammer?

  What would you be able to, okay, go ahead. You get laid. Dude, we're six minutes in. Why are we doing? Okay, go ahead. Uh, something happens. He dies. Let's just say that. So is that even a?

• 6:06Speaker 01

  No, pick another one.

• 6:08Caleb Hammer?

  Well, I was just trying to pretend like your relationship didn't end. Okay, fine.

• 6:11Speaker 01

  Yeah, pick another one.

• 6:12Caleb Hammer?

  You guys hate each other now. Wonderful. And you break up for whatever reason. What would you do? Two thousand five hundred dollars a month before any taxes?

• 6:22Speaker 01

  I mean, if we're being honest, I'd probably go back in love with my parents or see what my other options of jobs and live in any positions are. Like, I'm gonna find a way because I can't afford to pay rent on my own. I wouldn't get approved even for renting a place.

• 6:36Caleb Hammer?

  So I would be okay with finding that other job. The thing about falling back on the parents, that is not inherently a bad thing to have a good support system. But again, we're talking about right now, you are specifically choosing not to pay off debt, specifically choosing not to get a fully funded emergency fund, particularly choosing not to get retirement so that you can go off to ego club, whatever the you do.

• 6:57Speaker 01

  Yeah.

• 6:58Caleb Hammer?

  Instead of setting yourself up for a potential situation in case an emergency were happened because you're able to fall back on mommy and daddy.

• 7:09Caleb Hammer?

  Do you not see how that's a little immature for a thirty year old? You're a year older than me, but you're acting like you're fifteen years younger than me.

• 7:18Speaker 01

  Do you really think that people get anywhere? Do you think people get anywhere without help from other people? Maybe, yes. Falling back on my family does not look like I'm gonna move forward. However, I don't think.

• 7:29Caleb Hammer?

  Are you talking about?

• 7:30Speaker 01

  What I just said, do you get really anywhere in life truly on your own? You don't have help from outside people. You don't have information. You don't get connections. No, like, you're what? You're net.

• 7:40Caleb Hammer?

  If we bring it down to the most granular detail, of course, we can make a thing. I wouldn't have been able to make a YouTube channel without the YouTube channel platform working or without it being existing.

• 7:51Speaker 01

  You're gonna talk about systems. I'm talking about people and maybe my people happen to be.

• 7:54Caleb Hammer?

  I wouldn't have been able to start a YouTube channel without someone founding YouTube. Yes, but people are able to.

• 8:00Speaker 01

  Taking it far back. I'm talking.

• 8:01Caleb Hammer?

  Exactly. I'm saying if I break it down to the most granular level, yes, I can say that. However, if we're just saying, can people make it with? Yes, many people have made it growing up in an orphanage without a family and never having a family. Many people have made it in a lot of situations with abandonment of parents. People have made it going from homelessness to multimillionaires. Of course, people can. Make it without other people that so you saying that literally no one else can make it without that is incorrect. Is it a lot harder? Of course, and I am not saying it is bad to have a support system. I am saying you are specifically choosing to not put yourself in any kind of situation of any kind of protection. If in any emergency would happen because you know mommy and daddy would take care of their thirty year old.

• 8:45Caleb Hammer?

  Child if something were to happen instead of you being a reasonable, responsible adult. And taking care of your debt, getting an emergency fund and making sure you have a chance for retirement. What? What are you doing? What is this? What? You you disagree. You disagree with that somehow somehow. Me, we're ten minutes. Me.

• 9:05Caleb Hammer?

  Go on, please.

• 9:06Speaker 01

  Do you need a break?

• 9:06Caleb Hammer?

  No, no, bud. That's a pretty. I'm a little, I am upset because that is such an immature mindset that if everyone believed like you, we would just completely fail as a culture. So it's pretty upsetting.

• 9:19Speaker 01

  It is, I think, a little delusional. Sure. However, my delusional being positively delusional has maybe got me this far and maybe it's gonna look like.

• 9:30Caleb Hammer?

  You rely on your boyfriend. If your boyfriend didn't exist, you wouldn't be able to survive. What are you talking about?

• 9:35Speaker 01

  Rely on him because he pays rent?

• 9:38Caleb Hammer?

  As in the roof over your head, as in like the most basic minimum requirement to life besides food and water.

• 9:43Speaker 01

  If I wasn't with my boyfriend, then I would be paying rent on my own.

• 9:47Caleb Hammer?

  But we just decided you would not be able to.

• 9:50Speaker 01

  In this situation in Texas, but before I was paying rent on my own, so I can't do it. California income, Texas income.

• 9:59Caleb Hammer?

  Why is that translated? What what were you doing in California?

• 10:02Speaker 01

  I was a nanny.

• 10:03Caleb Hammer?

  Okay, so in Colleen, why do you think you're making some? So what were you making in California?

• 10:09Speaker 01

  Thirty an hour.

• 10:11Caleb Hammer?

  Okay, definitely a big hit there. Now, are you able to start? Can we pick up extra nanny on the side? But it's not an income situation. Again, you've already described your behavior. It's not that I need you to go make money. It's it's how you're managing your. I mean, this fucking this debt. Six hundred dollars went towards it, but it only actually went down by seventy dollars less than. Because you're spending, so.

• 10:36Speaker 01

  Probably like over the limit. So like does this like extra thing too?

• 10:42Caleb Hammer?

  I like to get rage baited on Twitter oftentimes.

• 10:45Speaker 01

  What's that?

• 10:47Caleb Hammer?

  Sorry, you're just rate, you're just faded into being raged. There's a lot of people on there that are endless victims constantly throughout their life and nothing is in their control ever, ever, ever. And a lot of people, what they say is essentially, it's like the most dangerous thing in the world to be like a single woman. Okay, cool. I mean, that's, I see a lot of that stuff. What you are doing, if you do become single though, because of your actions right now, you actually are putting yourself in a situation that is dangerous.

• 11:11Speaker 01

  Am I?

• 11:12Caleb Hammer?

  You don't know what's gonna happen to mom and dad. They're not always gonna be here either. So if a relationship-

• 11:17Speaker 01

  The instance where then it goes, okay, you figure it out, right?

• 11:21Caleb Hammer?

  That's not, that's not a reality.

• 11:23Speaker 01

  I don't understand how that's not a reality.

• 11:24Caleb Hammer?

  How do you not understand? Because I have specifically said, and okay, let's just get some basis statistics.

• 11:33Caleb Hammer?

  Right, amazing time for a software update, guys. The, Apple, thanks.

• 11:37Speaker 01

  Do you wanna just like start from the normal conversation?

• 11:40Caleb Hammer?

  The normal conversation?

• 11:41Speaker 01

  Before we were supposed to get like-

• 11:43Caleb Hammer?

  The fuck are you talking about? No, I think this is a very important part because like your entire life is revolving around you not having a mature worldview.

• 11:53Speaker 01

  What's your definition of mature?

• 11:57Speaker 01

  Well, you're gonna-

• 11:58Caleb Hammer?

  One second, I'm looking something-

• 11:59Speaker 01

  Difference in opinions on that thing. Multitasking, not everything-

• 12:03Caleb Hammer?

  Okay, it is, uh, no, not very well. It is your worldview of, I will just figure it out. Put yourself in such a dangerous position that you don't even understand. Cause I have had people on this show, I have had people on this show that they'd just be able to figure it out and then they're in hundreds of thousands of dollars in debt because they had no choice but to try to survive and then they end up getting I've had multiple people, people on the show that are approaching their sixties, hundreds of thousands of dollars in credit card and payday loan debt. And guess what? Not a chance of retirement to the name, they're gonna have to survive out of social security. Good luck ever being able to survive in any kind of world with no support system. Because their parents aren't alive at that point. What are they gonna rely on their kids? Is that their kid's burden? Morally, probably, but that's not fair because an immature adult didn't take care of things.

• 12:48Speaker 01

  I don't see, I don't, I'm here with your-

• 12:49Caleb Hammer?

  Okay, let me give you the danger by actually finishing what I'm trying to do.

• 12:53Speaker 01

  Okay.

• 12:56Caleb Hammer?

  About a year ago. Six hundred fifty three thousand one hundred people on just a given night weren't able to figure it out. In a given night, that was the number of homeless people in the United States on a random given night in twenty twenty three, according to the National Low Income Housing Assessment Report from HUD.

• 13:18Speaker 01

  And that's the danger is that I would be homeless because I would have too big of an ego instead of going back to my parents or finding a job that would actually provide housing because that would be so hard to do.

• 13:30Caleb Hammer?

  It could be, you don't know, you haven't, you're thirty, no offense, we're basically the same age. We saw a little from the peripherals in our life, the Great Recession, but you and I have actually not lived through in the workforce what a real recession is like. You think job and income is always going to be there, that's not how it works. Then the Great Recession, what were we, eight percent unemployment? That is eight percent of people that were looking for jobs that were not able to get income. This is not a guaranteed thing and your parents being around is not a guaranteed thing. And if you continue that mindset and that life of being able to rely on the boyfriend, being able to rely on some magical job that's always going to exist and being able to rely on your parents always being around, that, those things are not a guarantee. I'm saying you not being able to take care of yourself and send yourself off for any

• 14:13Caleb Hammer?

  emergency is the danger because you might end up as one of those six hundred fifty three thousand one hundred people that were given on a homeless on any given night, which was a twelve percent increase from the year prior, by the way. I want to give you free money right now. I've partnered with different resources that will literally give you hundreds of dollars the moment you sign up for them. Check out my investing app of choice, Mu Mu, where they give you up to fifteen free stocks and eight point one percent interest on your uninvested cash when you sign up with my link. Do you want a more traditional savings account? Check out where I keep my emergency fund, SoFi, where they'll give you four point five percent on your money and up to three hundred dollars. Would you rather have automated investing? Sign up for Acorns with my link and you'll get twenty dollars right now instead of the usual five dollars you'd get from your friends referral.

• 14:58Caleb Hammer?

  You can also sign up for our investing program and get a hundred dollars in cash deposited into your Mu Mu account. This is the best way to learn what your investing profile looks like and what investing strategies to use. Based on that, all of this free money is linked in the resources section of the description below. So don't pass up the free money cuz I'll punch ya.

• 15:16Speaker 01

  I mean, who wants to be homeless?

• 15:17Caleb Hammer?

  No one, but I'm saying it could be you. No, no, no, let me give you the danger part because that's a large amount of people.

• 15:24Speaker 01

  You just wanna scare tactic me into.

• 15:27Caleb Hammer?

  Are you not, you're not scared of that? How is that not scary? It's not a scare tactic, it's basic reality.

• 15:35Speaker 01

  Maybe I'm just not afraid of that. I think there's scarier things.

• 15:39Caleb Hammer?

  Because you've never experienced real struggle, obviously. You've never experienced real financial struggle. You've never experienced a real financial sacrifice. So why would you? You've never experienced it.

• 15:49Speaker 01

  Okay.

• 15:50Caleb Hammer?

  No, you're just being annoying.

• 15:52Speaker 01

  I think I just disagree with you and it's frustrating that you can't get me to agree with you. Like, I hear what you're saying, like.

• 16:00Caleb Hammer?

  The danger part, the danger part.

• 16:02Speaker 01

  But I'm just saying there's way more dangerous things and like what you're talking about is.

• 16:05Caleb Hammer?

  Here we go, violent crime rate, violent crime rate for those violent crime rate, violent crime, violent, violent, violent.

• 16:11Speaker 01

  It's not in my reality. You want me to accept reality, but that's not my reality.

• 16:15Caleb Hammer?

  It's not your reality cuz you haven't experienced it yet. Violent crime rate for those who are homeless.

• 16:19Speaker 01

  You want me to experience a reality that I haven't experienced that I could be afraid of experiencing it?

• 16:23Caleb Hammer?

  Not setting yourself up for a basic thing that many people statistically go through. Why do you think you are out of the norm compared to a normal person? You don't know what life can give.

• 16:33Speaker 01

  I'm out of the norm.

• 16:34Caleb Hammer?

  Then why do you, why the do you not think this is a possibility for you? If you are homeless.

• 16:38Speaker 01

  It is a possibility.

• 16:39Caleb Hammer?

  You are homeless.

• 16:39Speaker 01

  Afraid of it, I don't see.

• 16:40Caleb Hammer?

  You're talking about the danger. The danger is forty percent more likely to experience violent crime if you're a homeless individual versus not homeless. And if you don't set yourself up for any situation where you, in the worst of the worst situation, are able to put a roof over your head. Like many people who are having utilities cut off in the United States because they are not taking care of their shit, their choice or not. You are setting yourself up for that danger.

• 17:06Speaker 01

  What if, what if it all goes to shit anyways? Then the money doesn't matter, like those things.

• 17:11Caleb Hammer?

  Oh, you're talking about societal collapse? Sure, fine. In the, in the point zero, zero, zero, zero.

• 17:18Speaker 01

  No, you go ahead.

• 17:20Caleb Hammer?

  If society is collapsing, then there's no point to any conversation ever. But let's base, but let's base it on the statistical likelihood that society is gonna resume and maybe protect ourselves even slightly.

• 17:32Speaker 01

  Protect ourselves from the illusions that we have in our head that fear and danger is upon us if we don't.

• 17:37Caleb Hammer?

  Hey guys, if you're not a moron like her, go to Calebhammer.com/apply and come on the show. I, this is, are you like?

• 17:45Speaker 01

  Being serious?

• 17:46Caleb Hammer?

  Wait, hey, hey, question, why the did you apply to come on the show?

• 17:50Speaker 01

  Uh, because I need some help.

• 17:54Caleb Hammer?

  Is she literally? Because are you like, are you kidding me? You applied to get help? And then the one thing I immediately tried to talk about on how you are dangerously not taking care of your finances. You immediate, we immediately have a 20 minute back and forth bull about it.

• 18:12Speaker 01

  Dangerously.

• 18:12Caleb Hammer?

  So why did you apply for help if you aren't willing to listen to that most basic thing?

• 18:17Speaker 01

  You're telling me to be, I'd be afraid of the danger, not I'm in a dangerous financial situation.

• 18:22Caleb Hammer?

  You are in a dangerous financial situation.

• 18:24Speaker 01

  Okay, that's different than being afraid because I'm gonna be homeless soon.

• 18:27Caleb Hammer?

  I'm saying that could happen because of the dangerous financial situation you're in. How did you not understand that? Are you not capable of having that very flat brain comprehending the complicated airflow that is going over to you?

• 18:40Speaker 01

  No, I do understand that.

• 18:42Caleb Hammer?

  I'm sorry, I'm now I'm just being insulting because you're pissing me off. I'm sorry. I shouldn't be insulting. That's not what this.

• 18:47Speaker 01

  No, it's okay. Go ahead.

• 18:49Caleb Hammer?

  No, no, no, no. Where do you think you are in this world? By the way, finances, zero to 10, zero being the worst, 10 being the best. Where do you think you are? Where do you think you would land?

• 18:57Speaker 01

  I mean, if you're looking on a scale of me and my history of my finances.

• 19:02Caleb Hammer?

  Your history, where do you think you are right now, dude?

• 19:04Speaker 01

  On a global scale, out of everyone?

• 19:06Caleb Hammer?

  Zero being the worst, 10 being the best. I'm not talking about Sub-Saharan Africa, fucking Zika, but zero being.

• 19:11Speaker 01

  How does the perspective go into that? Is it me on my scale of finances? I'm doing better than I have done, so I would say.

• 19:17Caleb Hammer?

  Really? You've been able to last with your boyfriend for a year somehow?

• 19:21Speaker 01

  Last?

• 19:22Caleb Hammer?

  You, you guys have conversations?

• 19:24Speaker 01

  Conversations?

• 19:25Caleb Hammer?

  And he has kept you around for a year?

• 19:28Speaker 01

  We don't look at each other.

• 19:29Caleb Hammer?

  That's funny.

• 19:30Speaker 01

  Dude, yeah, we have conversations.

• 19:32Caleb Hammer?

  And he's allowed you to stick around?

• 19:34Speaker 01

  Allowed me to stick around, like I am not a gift.

• 19:42Caleb Hammer?

  Wait, you said five?

• 19:44Speaker 01

  I mean, yeah.

• 19:45Caleb Hammer?

  Cause I'm not even gonna do it. If you want your hammer financial score, it's free, link in the description below. See where you are in the assessment of life.

• 19:55Speaker 01

  Are you gonna assess me and give me a number?

• 19:57Caleb Hammer?

  Yes, at the end. Have you seen the show? You applied.

• 20:00Speaker 01

  I watch all the TikToks. They're good.

• 20:02Caleb Hammer?

  Oh, good.

• 20:04Speaker 01

  What?

• 20:04Caleb Hammer?

  Okay, so you just haven't seen the full thing. You don't even know what the full thing's about? Take the mic and pull it close to your face. You're soft.

• 20:11Speaker 01

  No.

• 20:11Caleb Hammer?

  Delusional, but you're soft.

• 20:14Speaker 01

  Are you taking notes?

• 20:16Caleb Hammer?

  Yes.

• 20:18Caleb Hammer?

  Oh, my gosh. Um.

• 20:19Speaker 01

  I just wanna know. I thought your notes were in the book.

• 20:21Caleb Hammer?

  We're sure you can take care of a child without it dying.

• 20:25Speaker 01

  Yeah.

• 20:27Speaker 01

  That's so funny. I'm clearly.

• 20:29Caleb Hammer?

  You know what's not funny? Thirteen thousand, seven hundred.

• 20:33Speaker 01

  My job.

• 20:33Caleb Hammer?

  Thirteen thousand, seven hundred, nine dollars and sixty-four cents on this credit card. Oh, I probably look like an asshole.

• 20:39Speaker 01

  Correct them, and do.

• 20:40Caleb Hammer?

  Raging. Three hundred forty-three dollars is your minimum monthly payment. That's fucking insane.

• 20:46Speaker 01

  Just for a credit card?

• 20:47Caleb Hammer?

  Wait, are you getting paid a nanny? Okay, so listen, I don't think you would have to pay too much in taxes if you reported. You even report your income? The taxes, what's your tax situation for last year?

• 20:59Speaker 01

  What do you mean? How much money did I make?

• 21:02Caleb Hammer?

  How much should you say you made and how much did you pay in taxes?

• 21:09Speaker 01

  I don't know.

• 21:11Caleb Hammer?

  That's not a number or really an answer.

• 21:15Speaker 01

  Isn't it? I don't know.

• 21:17Caleb Hammer?

  How have you made it? How have you made?

• 21:20Speaker 01

  I mean.

• 21:20Caleb Hammer?

  How, how were you able to drive down to Austin without crashing?

• 21:24Speaker 01

  I'm a good driver.

• 21:26Caleb Hammer?

  What do you mean you don't know?

• 21:27Speaker 01

  Money doesn't have to do.

• 21:28Caleb Hammer?

  Did you file taxes?

• 21:30Speaker 01

  I don't remember.

• 21:33Caleb Hammer?

  Wait, buh buh buh buh buh buh.

• 21:34Speaker 01

  That happens like once a year and TurboTax sends me like these reminder emails.

• 21:39Caleb Hammer?

  Okay, okay.

• 21:40Speaker 01

  And sometimes like I go, sometimes I've done it and they like auto fill. If I get like a piece of paper in the mail that looks tax things, I do that. No, there was no class on this, nor did I ever Google. I know, we all have access to Google.

• 21:57Caleb Hammer?

  Oh, you've heard me say that?

• 21:58Speaker 01

  Yeah, I love the TikToks.

• 22:00Caleb Hammer?

  Oh my gosh, you are actually a fucking creature. Okay. You're like somehow existing right now. I I like we're on a different plane of reality.

• 22:12Speaker 01

  So maybe our realities.

• 22:14Caleb Hammer?

  Stop, stop. Don't try to say something cute.

• 22:17Speaker 01

  I'm going right with.

• 22:18Caleb Hammer?

  No, I don't. I just don't want you to try to say anything cute. You're just brain rot to the max. You have, you do not know if you paid taxes last year.

• 22:27Speaker 01

  No, not how much.

• 22:29Caleb Hammer?

  But do you know if you paid or filed taxes?

• 22:32Speaker 01

  I think I did.

• 22:34Caleb Hammer?

  You think you did?

• 22:35Speaker 01

  For one of my jobs.

• 22:38Speaker 01

  I think.

• 22:38Caleb Hammer?

  What?

• 22:39Speaker 01

  Cause like when I moved here, I got a job at a school in a gym and didn't like really last long. And like maybe.

• 22:48Caleb Hammer?

  Why? Cause you couldn't operate in a conversation with a human probably, cause they're not just children.

• 22:53Speaker 01

  I didn't have a car at the time, so. Dude, I didn't have a car at the time, so.

• 22:59Caleb Hammer?

  You laughing about not having a car?

• 23:00Speaker 01

  I was driving. No, you're what you said. And so I was riding a bike.

• 23:04Caleb Hammer?

  It takes her thirty seconds to process.

• 23:06Speaker 01

  Yeah. So have a, I was riding a bike.

• 23:09Caleb Hammer?

  Being mean.

• 23:11Caleb Hammer?

  Go, go, go, go, go, go, go.

• 23:12Speaker 01

  I mean.

• 23:13Caleb Hammer?

  Let's get through this. Let's get through this. Go, go, go. Just go.

• 23:16Speaker 01

  Let me. I was riding a bike and it wasn't really the vibe. So the school I was working at.

• 23:21Caleb Hammer?

  Wasn't the vibe?

• 23:23Speaker 01

  Yeah, it wasn't.

• 23:24Caleb Hammer?

  How have you made it this far in life?

• 23:27Speaker 01

  I'm literally trying to tell you, but you're saying it's not possible and that it's not a reality. And I should agree with you, but like I'm literally sitting in front of you like a walking.

• 23:36Caleb Hammer?

  I'm sorry, please continue.

• 23:38Speaker 01

  My perspective.

• 23:39Caleb Hammer?

  It's one, it's one of my bad traits that I interrupt a lot. Please continue.

• 23:42Speaker 01

  It's like interrupting chicken anyways. So I did not like riding the bike and I didn't know how to get to my second job. So I was catching an Uber. So I'd ride the bike to my first job at the school. I'd work all day, ride back, catch an Uber, go to my second job at the gym. And then like that just wasn't doing it for me. I eventually got a ride from a coworker to and from the school. And then I was in the rain one day trying to ride my bike. I didn't know how to get across the freeway or under. I said, it quit over the phone. So what was the question?

• 24:16Caleb Hammer?

  What jobs did you file taxes to?

• 24:19Speaker 01

  So I had those two jobs. I possibly.

• 24:22Caleb Hammer?

  They were W two'd, so probably.

• 24:24Speaker 01

  Maybe.

• 24:25Caleb Hammer?

  But even maybe not for you, but I'm talking about this stuff. This isn't.

• 24:29Speaker 01

  Make more than, you have to make more than like five thousand or seven thousand.

• 24:33Caleb Hammer?

  How much have you, wait, are you saying you didn't even make five thousand dollars last year?

• 24:38Speaker 01

  Well, I just had those jobs individually.

• 24:40Caleb Hammer?

  Listen, this nanny stuff is not W two'd. So you have to claim this as income and pay it later. The taxes.

• 24:52Speaker 01

  When I figure.

• 24:52Caleb Hammer?

  But you're saying you're, when you figure out, you could plug it into TurboTax. They make you do it. I'm not even advocating for them, but.

• 24:59Speaker 01

  Oh, there was an error in this. You need to redo it.

• 25:02Caleb Hammer?

  Or call them and figure out what the to do or talk to a CPA? Yes, call email. Huh?

• 25:10Speaker 01

  I don't know that stuff.

• 25:11Caleb Hammer?

  You don't know how to call customer support to a company?

• 25:13Speaker 01

  I do. I don't know to call or CPA or get help. Like TurboTax is like an app. I just see it as an app.

• 25:23Speaker 01

  Do you do TurboTax?

• 25:24Caleb Hammer?

  Not anymore. We're, we're, we're beyond TurboTax life.

• 25:29Speaker 01

  Help me with whoever does your taxes.

• 25:31Caleb Hammer?

  You get to si- sit down with a free financial advisor at Domain Money because you came on the show. And everyone in the audience also gets a free session if you use the link in the description below. But you could do that, so maybe start there. When's the last time you actually filed taxes for this nanny income? Because you were doing nanny income in California. When's the last time you filed taxes? Can you, can you please tell me?

• 25:50Speaker 01

  No.

• 25:51Caleb Hammer?

  What?

• 25:52Speaker 01

  I'd have to know that. The last time I-

• 25:54Caleb Hammer?

  When's the last time you confidently you filed taxes?

• 25:57Speaker 01

  Uh, when I worked at the casino, they gave me a W something.

• 26:02Caleb Hammer?

  No, no, no, from the nanny income. Claiming the nanny. Have you ever claimed the nanny income?

• 26:07Speaker 01

  I-

• 26:08Caleb Hammer?

  I'm certain you have. Okay, when? When's the last time you're confident you claimed to the government? You told them you, I'm making this much in nanny income.

• 26:15Speaker 01

  When I did the casino job.

• 26:17Caleb Hammer?

  When was casino job?

• 26:21Speaker 01

  Twenty twenty two?

• 26:25Caleb Hammer?

  Oh, so two years ago? So we probably haven't filed in two years for the nanny income.

• 26:29Speaker 01

  Yeah.

• 26:30Caleb Hammer?

  Now that you have paid too much, your tax bracket's not substantial. I mean-

• 26:34Speaker 01

  I remember the first time I went to do this, I was like, oh, I didn't even make enough money to even file taxes, so not gonna do it. And then it was like, well, you just fly under the radar.

• 26:44Caleb Hammer?

  It's not fly under the radar. You at least have to report what you are making. And then whatever bracket you fall into-

• 26:49Speaker 01

  That, it's like, okay, well, how do I do this? TurboTax, numbers. It's like a lot.

• 26:55Caleb Hammer?

  State in California, which is a progressive tax system, so it would still be very little, if any. I don't know their tax brackets. I haven't lived there.

• 27:01Speaker 01

  I'm getting money back from doing my taxes.

• 27:03Caleb Hammer?

  Probably, probably, but you also haven't claimed all your income. They probably thought you were much lower than, oh my- Okay, thirty minutes now and I haven't.

• 27:13Speaker 01

  Haven't what?

• 27:15Caleb Hammer?

  I'm just trying to just like assess where you're at. And it's, uh-

• 27:19Speaker 01

  You have it all in front of you. Look at the papers.

• 27:21Caleb Hammer?

  You need to get like-

• 27:24Speaker 01

  I think you need to like tone it down. That probably was inappropriate.

• 27:28Caleb Hammer?

  I don't give a shit about inappropriate. I will be the most inappropriate person in the world. My audience is not filled with a bunch of performative pearl clutches.

• 27:37Speaker 01

  Pearl clutches?

• 27:38Caleb Hammer?

  Yeah, try to say it again.

• 27:40Speaker 01

  Pearl crushers, crushers. What'd you say? That's what I'm trying to get at. What is that?

• 27:45Caleb Hammer?

  Okay.

• 27:46Speaker 01

  Okay.

• 27:46Caleb Hammer?

  There you go. Yeah, once you make uh up to eleven thousand dollars, which you make before that, but for the income you make up to eleven thousand six hundred, you have to pay ten percent uh of that, your income, and then you don't make up to forty seven thousand, but for everything above that eleven thousand six hundred and one dollars, you'd have to pay twelve percent of that income in federal income taxes.

• 28:06Speaker 01

  Okay.

• 28:06Caleb Hammer?

  You don't have any child, so you don't have any child tax credits. You do have standard deductions, and in the standard deductions, would you owe much? Probably not. Uh, in your income scale, if any, you might get some back, you might not, but you still have to-

• 28:16Speaker 01

  A bunch of words I don't know, like really fast. You gotta like really break it down here.

• 28:20Caleb Hammer?

  I don't know if we're gonna be able to like get through this then, cuz I mean, this is kinda basic stuff. They did at least teach this in school. In terms of like you have to pay taxes at some point.

• 28:31Speaker 01

  I went to private school.

• 28:32Caleb Hammer?

  Then they really should've.

• 28:34Speaker 01

  I don't remember.

• 28:35Caleb Hammer?

  You come from wealth?

• 28:36Speaker 01

  Hmm, I wouldn't say.

• 28:38Caleb Hammer?

  Private school's not cheap.

• 28:39Speaker 01

  I don't know. I would say my parents are middle class.

• 28:42Caleb Hammer?

  You went to private school?

• 28:43Speaker 01

  Yeah, I came through college.

• 28:45Caleb Hammer?

  Came through college?

• 28:46Speaker 01

  Yes, sir.

• 28:47Caleb Hammer?

  Did they pay for college?

• 28:49Speaker 01

  Well, partially, yeah.

• 28:52Caleb Hammer?

  In my books, they're fucking rich, okay?

• 28:55Speaker 01

  Okay.

• 28:56Caleb Hammer?

  Are you kidding me? Private school? And you came out like this?

• 29:01Speaker 01

  Pretty good.

• 29:01Caleb Hammer?

  Are you taking this seriously?

• 29:03Speaker 01

  As serious as I could take finances.

• 29:06Caleb Hammer?

  Then why'd you come on the show? Cuz you seem like a- No, cuz everything we've talked about so far, you're fighting. Do you not understand that?

• 29:15Speaker 01

  No, I do understand that. What we're fighting and arguing about is like our perspectives of the things and like literally the words and the things you mean by it.

• 29:22Caleb Hammer?

  No, I'm just trying to get if you've paid fucking taxes. That's not a perspective thing.

• 29:26Speaker 01

  I don't know. I told you that.

• 29:27Caleb Hammer?

  I know.

• 29:28Speaker 01

  I'm not hiding it. I don't know if I've paid taxes.

• 29:30Caleb Hammer?

  In the last two years.

• 29:31Speaker 01

  Four times since I started working in two thousand and seventeen.

• 29:34Caleb Hammer?

  Yeah, now we know you come from a very privileged background.

• 29:38Speaker 01

  Yes.

• 29:38Caleb Hammer?

  And it's showing immensely.

• 29:41Speaker 01

  Very good.

• 29:41Caleb Hammer?

  Cuz you've never had to put any work into anything or sacrifice anything ever in your life, nor witness anyone.

• 29:48Speaker 01

  I would disagree with that.

• 29:48Caleb Hammer?

  What have you sacrificed?

• 29:50Speaker 01

  I'd

• 29:51Caleb Hammer?

  Go ahead.

• 29:51Speaker 01

  Say about the sacrifice. I have

• 29:53Caleb Hammer?

  Of course not.

• 29:53Speaker 01

  For things.

• 29:54Caleb Hammer?

  Yeah. What's your hard work? Go ahead.

• 29:56Speaker 01

  Well, first off, I do watch children happen doing that since

• 29:59Caleb Hammer?

  Twenty five hours a week. Okay, go on.

• 30:01Speaker 01

  Maybe for you, you're very smart, but for me, high school was difficult. College was difficult.

• 30:06Caleb Hammer?

  Actually.

• 30:07Speaker 01

  I made it through, got those degrees. Not everybody.

• 30:09Caleb Hammer?

  Hey, I don't have a college degree.

• 30:11Speaker 01

  Okay, so I

• 30:12Caleb Hammer?

  I suck at school. The format of school does not vibe with me.

• 30:16Speaker 01

  Doesn't vibe with me either.

• 30:17Caleb Hammer?

  Okay.

• 30:17Speaker 01

  But I did it.

• 30:18Caleb Hammer?

  I'm not crying about it. Go ahead.

• 30:20Speaker 01

  Crying about it either. However, I'm saying I have done hard things.

• 30:22Caleb Hammer?

  That's your hard things is going to school for sake. Okay. Yeah. You've never experienced anything. This is huge for financial audit. For a year now, my team and I have worked with experts to create what I truly believe are the three best educational programs in the financial space online. We have our budgeting program where I teach you how to create, manage and revolutionize your budget and control your money. And then there's the investing program where I teach you to define what investing profile applies to you and your life. And then teach what specific investing strategies applies to you in that situation. And now finally, we have our debt program where I teach you the best ways to pay off debt, manage debt and even take advantage of good debt.

• 31:04Caleb Hammer?

  This has been a revolutionary project that we've been working on for over a year now. And just like over 10,000 people who've already taken our educational programs, you can now take advantage of all three of them bundled together at a 15% discount. I've heard from thousands of people now who've taken these classes and they've literally changed their lives for the better. And finally, you can too at a more affordable price. Head to Calebhammer.com or click the link in the description below. You will not regret this. You've never experienced difficulty. Wow. A structured system where I had to take classes. That was my hard work life.

• 31:39Speaker 01

  Oh, well, if you don't want to go to college and it's something that you are required to do, have to do. Doing something you don't want to do is hard. It takes, right? Like, in my opinion, you have to have the will to keep doing it, knowing you don't want to do it. And you can walk away at any moment. You could walk away at any moment and quit 100% and I didn't. So.

• 32:01Caleb Hammer?

  Sounds so privileged.

• 32:04Caleb Hammer?

  Is that funny?

• 32:06Speaker 01

  I do find it funny that you're grossed out that I come from privilege.

• 32:10Caleb Hammer?

  No, no, no, no, it's looking at you right now. Again, the reason why, and this kind of stems back to our first conversational point now, it's all coming together. For me and likely the audience as well. All this that you're saying, it makes so much more sense that you have no fear about what can happen if you don't get to a basic financial security point, because you've had nothing but privilege. You've never experienced real hardships in life. You've never experienced real struggle. And because of that, you don't know what it can be like. You don't know what it's like on that other side.

• 32:40Speaker 01

  How do you think that any individual goes through life and doesn't experience their own version of struggle and hard?

• 32:46Caleb Hammer?

  Yes, but your version is light. Your version is life light. Easy, it's diet life.

• 32:54Speaker 01

  Light? Is that what you're saying? Like it's an easier route?

• 32:58Caleb Hammer?

  Yes.

• 32:58Speaker 01

  So pain for you.

• 32:59Caleb Hammer?

  Objectively.

• 33:00Speaker 01

  Well, no, pain for you and pain for me might be unsure. We're comparing them. Yours might be worse than mine, but we're both experiencing pain like if sadness.

• 33:12Caleb Hammer?

  This isn't a trauma competition. No one's saying that. But you cannot compare getting foreclosure notices on your house growing up to getting, having to go through private school and taking quizzes. If you are putting those on the same level.

• 33:25Speaker 01

  Them, but you're comparing them. I'm saying, don't compare them.

• 33:27Caleb Hammer?

  I'm moving on, I'm moving on. This is so pointless. This is so stupid and pointless.

• 33:31Speaker 01

  But you asked me a question, I'm giving you my answer and you don't accept my answer.

• 33:35Caleb Hammer?

  No, I don't, because it's fucking bullshit.

• 33:36Speaker 01

  Okay, well.

• 33:37Caleb Hammer?

  As easy as it can possibly be.

• 33:40Speaker 01

  If I don't know how you want these conversations to go. Do you want to keep asking me questions and me lie to you? Like, do you want me to give you the answer you want? Because I'm, I'm telling you genuinely what it is for me and my perspective.

• 33:50Caleb Hammer?

  No, it's your, it's your inflexibility. You can have a delusional answer, but if I can at least get you to the point of a relatively decent worldview on why you should have an emergency fund, as simple as that.

• 34:01Speaker 01

  Okay, I can agree with you that I need an emergency fund. However, the fact that I haven't had one and don't have one, I'm going to tell you my rationale and the reasoning why. And at the end of the day, I probably still don't agree that you need those things. The end of the day, you need sunlight, water, food.

• 34:20Speaker 01

  Right?

• 34:21Caleb Hammer?

  I hope for your sake in your life, your parents cut you off at some point.

• 34:28Caleb Hammer?

  This is the most privileged take I've ever heard. It's gross, it's immature. Yes, the fact that you think you don't need an emergency fund, absolutely. Because you've been nothing but babied your entire life, absolutely. Cause you have a little prettiness, your boyfriend's taking care of you. Because your mama and daddy's little girl, they've always taken care of you. You've never had to deal with anything. I'm done with this. Thirteen thousand, seven hundred nine dollars on here, three hundred forty-three dollar minimum payment. A substantially large minimum payment. Again, two thousand five hundred is what comes in. We don't say anything aside for taxes. Not that much would be owed in the end anyway, but we know that you are in tax brackets, tax brackets that have to owe money, but with standard deduction, who knows what you would actually have to pay in the end. But even let's just say two thousand two hundred fifty is what you have left.

• 35:14Caleb Hammer?

  Currently, this minimum payment is over fifteen percent of your income. One minimum payment on one card. So what do we do as a responsible adult who is trying to take care of ourselves in any way whatsoever? Of course, we make, you know, double the minimum payment, but then we purchased two hundred seven dollars and seventy-two cents. Well, three hundred and twenty-two dollars of interest is accruing, meaning even though we put six hundred eight dollars towards it. Only sixty-nine dollars actually went towards it. Guess what? You only do the minimum payment on this card and you don't purchase anything, which is by the way, better than what you're doing currently. Cause you're still purchasing on it, but let's just say you do that. How long do you think this takes to pay off?

• 35:56Speaker 01

  If I did.

• 35:57Caleb Hammer?

  Only the minimum payments and you don't purchase. Oh, she figured that one out.

• 36:03Speaker 01

  Um, five years?

• 36:04Caleb Hammer?

  Okay, fifty-seven years.

• 36:07Speaker 01

  Oh shit.

• 36:08Caleb Hammer?

  Yeah, and you're not living till then, so.

• 36:13Speaker 01

  Well, then maybe nothing to worry about.

• 36:20Caleb Hammer?

  Why? Because it's gonna be so long that it doesn't matter?

• 36:23Speaker 01

  Yeah.

• 36:26Caleb Hammer?

  Then, then again, why come on the show? Like if that, if that's your mindset.

• 36:32Speaker 01

  The possibility of another route than the route I'm taking and going on.

• 36:37Caleb Hammer?

  But that route doesn't scare you? You don't care that you would have to pay a minimum monthly payment on here? Of a substantial part of your income because you barely make anything?

• 36:45Speaker 01

  Does the possibility of different realities scare me? No.

• 36:49Caleb Hammer?

  Huh? No, no, no.

• 36:51Caleb Hammer?

  Of a different, no, this is your reality, but that doesn't scare you, that basic fact?

• 36:56Speaker 01

  No. I don't know why.

• 36:59Caleb Hammer?

  Then what's the point of this? I'm not talking about fear.

• 37:02Speaker 01

  Because the possibility of being able to do more of what I want and I really wanna have children.

• 37:09Caleb Hammer?

  You wanna have?

• 37:11Speaker 01

  Yeah, I've been.

• 37:14Caleb Hammer?

  Guys, launch the nukes.

• 37:15Speaker 01

  Building the skills.

• 37:16Caleb Hammer?

  Nukes.

• 37:17Speaker 01

  Uh, since twenty seventeen, I've been a nanny.

• 37:19Caleb Hammer?

  You've been what?

• 37:20Speaker 01

  A nanny. Building the skills, like.

• 37:22Caleb Hammer?

  Oh, I heard Skittles. I was so confused. Okay. We're good. So fifty-seven years doesn't scare you? Because you have a relatively decent chance within the next twenty years of drowning in a glass of milk or something. And by the way, the entire, the, the entire thing you would be paying is a hundred twenty-three thousand dollars.

• 37:41Speaker 01

  Okay.

• 37:42Caleb Hammer?

  So ten times your balance on here. You'd be paying that in total if you only did minimum payments without purchases, which is better than you're currently doing. What are we purchasing? Amazon, Amazon, Amazon. Went inside some Target, got something down. It's groceries. I bet you haven't even seen a vegetable. Be scared. You think it's for horses? Starbucks.

• 38:04Speaker 01

  I am a vegetarian, so it is actually mainly.

• 38:07Caleb Hammer?

  Actually, I, well, I could see that. Yeah, it's all coming together. You sure you're not a vegan?

• 38:11Speaker 01

  I have been, but now.

• 38:13Caleb Hammer?

  Mm-hmm. Bite the bagel, Starbucks. Went inside and got some bowl from the gas station. What'd you get for seventeen dollars eighty-one cents? Inside, inside this one gas, you went inside.

• 38:22Speaker 01

  Inside the gas station.

• 38:23Caleb Hammer?

  Yeah, oh yeah, you went inside. Got some gas station vegetables.

• 38:26Speaker 01

  No, oh, White Claws.

• 38:29Caleb Hammer?

  Of course.

• 38:30Speaker 01

  Yeah.

• 38:31Caleb Hammer?

  Now pull up your Amazon for me. Let me see what you got.

• 38:33Speaker 01

  Well, to be fair, it is uh not just my Amazon, so it will not just be my purchases on here.

• 38:40Caleb Hammer?

  Okay. Are you sure when you think you are showing up to take care of children that you are not actually being put in that group to be taken care of?

• 38:50Speaker 01

  A hundred percent. I am definitely the one in charge. I have.

• 38:56Caleb Hammer?

  Unless that is what they have told you.

• 38:58Speaker 01

  Who told me?

• 38:59Caleb Hammer?

  Are you sure it's not a Shutter Island type of situation?

• 39:01Speaker 01

  I would have had to seen that movie to know what you're talking about, but uh.

• 39:06Caleb Hammer?

  You would have been lost immediately, so don't worry. No, I'm just being mean. Stop it. Stop it.

• 39:12Speaker 01

  The thing is, you're being mean and I'm not catching it. I think you're just.

• 39:16Caleb Hammer?

  I know.

• 39:16Speaker 01

  Facts. It's going over my head.

• 39:18Caleb Hammer?

  Stop it, please. You can't. Don't do this. You can't do this. We got a drink mix, some woman balance. We're balancing out our womanhood, uh nutrition oat or nutrient oat. Hydro sensitivity, some out razors, um. Gosh, it's all supplements and. Oh, wait, cat treats. And then, yeah, it's just, it's either cat treats or fucking supplement and protein.

• 39:46Speaker 01

  Um, my mom's purchases.

• 39:48Caleb Hammer?

  What are yours? Cause we had a few hundred bucks spent on Amazon in here. What did you get?

• 39:53Speaker 01

  Did I buy? Oh, I got protein powder. I got creatine. I got a scale and like uh one of those food scales, like a smart.

• 40:02Caleb Hammer?

  So literally the stuff I called down to you like, no, they're only my mom. Okay.

• 40:05Speaker 01

  Well, the ones you said, yeah, those.

• 40:06Caleb Hammer?

  Yeah, I did a twenty seven point seven four percent interest rate.

• 40:10Caleb Hammer?

  Well done.

• 40:11Speaker 01

  Thank you.

• 40:13Caleb Hammer?

  You don't like classes, so even if I give you our debt class, investing classes, if you're not gonna take it, you'll see the first quiz.

• 40:19Speaker 01

  I know I don't.

• 40:19Caleb Hammer?

  Cause you'll take the first quiz, cause you, you, you said your big struggle in life is you had to go through school. You're gonna see the first quiz and you're gonna run away to mom and dad crying. You guys can get all our programs for fifteen percent off bundled and actually take it unlike her. She'll get them. She probably won't figure out how to open it in her email address. I'm being mean. I'm being mean.

• 40:39Speaker 01

  Maybe I'll just call the support line?

• 40:41Caleb Hammer?

  We don't have a support line. It's a support email.

• 40:44Speaker 01

  Oh, well, maybe you could have someone.

• 40:47Caleb Hammer?

  We are not a multi-million dollar company. We are trying our best here to do what we can do. CarMax, so we have a car. This is your car that you brag about that you're able to drive. Very proud of you.

• 40:59Speaker 01

  Thank you.

• 40:59Caleb Hammer?

  Glad you're able to make that. See, there it is. Do you understand that I'm insulting you right now? When I say that?

• 41:05Speaker 01

  Well, you might be insulting you, but what I'm hearing is different. Like, I can drive a car.

• 41:11Caleb Hammer?

  I think I need to reassess this conversation for the productive sake. I have been treating you like a genuine adult and just like, like insulting you because adults shouldn't have that. But I think I need to stoop this down to a fifteen year year old level. Instead of making jabs at you, I think I just need to fucking baby you through this. Because I don't think you can.

• 41:30Speaker 01

  If that's what is better for you, by all means, go ahead.

• 41:33Caleb Hammer?

  Okay, they they they're saying I should back it up to at least ten years old.

• 41:39Speaker 01

  As you need. Go ahead.

• 41:41Caleb Hammer?

  Uh, no, for for the sake of you and for the sake of the video too. So it's not a waste of everyone's time.

• 41:45Speaker 01

  No, I'm being genuine.

• 41:47Caleb Hammer?

  I know you are, and that's why I'm saying, and that's why I'm saying I need you to back it down.

• 41:51Speaker 01

  Okay.

• 41:52Caleb Hammer?

  And no longer treat you as an adult. Treat it like we're in grade school. Can we have some grade school music playing, Mika, please? I think we need this. And this is uh, and Cocoon Melon Financial Audit Hour. Should we animate this section?

• 42:07Speaker 01

  That would be sick.

• 42:09Caleb Hammer?

  So this car, what is this? What is this car that you have that you?

• 42:13Speaker 01

  I have a Chevy Trax LT.

• 42:16Caleb Hammer?

  Wonderful. What year?

• 42:18Speaker 01

  Twenty eighteen? I don't know.

• 42:20Caleb Hammer?

  You don't know?

• 42:22Speaker 01

  I'm not sure. I got it last year.

• 42:24Caleb Hammer?

  Okay.

• 42:25Speaker 01

  It drives.

• 42:26Caleb Hammer?

  I made it thirty seconds into trying to be nice. I can't.

• 42:29Speaker 01

  No, you're doing a really good job. I'm enjoying it.

• 42:35Caleb Hammer?

  Let's say twenty eighteen.

• 42:36Speaker 01

  Works for me.

• 42:39Caleb Hammer?

  Twenty eighteen Chevy trucks.

• 42:41Speaker 01

  LT.

• 42:42Caleb Hammer?

  Okay.

• 42:43Speaker 01

  Yes.

• 42:45Speaker 01

  You have good self restraint.

• 42:46Caleb Hammer?

  Sixteen thousand four hundred thirty six dollars on here. It's at a fifteen per- it's at a fifteen percent interest rate.

• 42:52Speaker 01

  Yeah, I I applied and got approved, accepted all by myself. So did it by myself. Thank you.

• 43:00Caleb Hammer?

  Shake my hand. I'm very proud of you. Well done. This is so good. You've done such a good job, sweetie.

• 43:07Speaker 01

  Oh.

• 43:08Caleb Hammer?

  Okay, I'm treating you like your parents.

• 43:10Speaker 01

  Oh, good job.

• 43:11Caleb Hammer?

  Which actually hasn't helped you, so maybe we shouldn't do this?

• 43:14Speaker 01

  You wanna go ahead and baby me cuz you can't handle your emotions about how I'm responding. By all means, go ahead.

• 43:19Caleb Hammer?

  Oh, a little

• 43:22Speaker 01

  I mean, just saying.

• 43:24Caleb Hammer?

  Hmm.

• 43:24Speaker 01

  I didn't have a problem with your reactions, but you were having a problem. I think

• 43:28Caleb Hammer?

  No, I just felt like you weren't getting anything from it, which is what made me concerned.

• 43:33Speaker 01

  Saying, but I'm responding as the way I'm gonna take it, right? Like, you're gonna

• 43:37Caleb Hammer?

  Why? Why not try to learn anything? What's wrong with trying to learn anything?

• 43:40Speaker 01

  Job and be like, actually, like, that is really actually a compliment. Like, you're not saying it that way, but I took it as a compliment.

• 43:46Caleb Hammer?

  What is wrong with walking away from what someone has ever told you and just like potentially embracing it? I'm an absolute dumbass in ninety nine percent of life. I'm pretty good at this part cuz it is something I self taught and learned from a lot of other people. If I am a dumbass at something, like cooking, for example, maybe I should listen to what Chef Jake over there. Maybe I would listen to him instead of be a defensive little when he tries to tell me anything, okay?

• 44:13Speaker 01

  Oh, the ten year old went out the window.

• 44:15Caleb Hammer?

  No, it's done. It's done.

• 44:17Speaker 01

  Okay.

• 44:17Caleb Hammer?

  It's done cuz you start to be in a so I'm gonna treat you like a adult, okay?

• 44:24Caleb Hammer?

  I don't know what I'm doing here. I'm losing it. Are you feeling overwhelmed by your financial future? Whether it's planning for retirement, saving for a home, or managing your investments, navigating these decisions alone can be really stressful. In fact, seventy percent of Americans report feeling anxious about their finances. And as someone who lives and breathes financial education, I understand why. That's why I want to introduce To domain money unlike traditional financial advisors who charge ongoing fees that can eat up to 25% of your returns over 30 years domain money operates differently they charge a one time flat fee ensuring their focus stays on building your long-term wealth now that I'm

• 45:05Caleb Hammer?

  in the process with my certified financial planner age Rihanna she will take a comprehensive look at my entire financial picture from spending and saving to investments and tax strategies what impressed me the most was a personalized approach there's no cookie cutter solution instead they create a customized plan aligned with your specific goals and circumstances and the best part you can start with a completely free strategy session no preparation needed no commitment required just the opportunity to sit down with a CFP professional who's legally bound to act in your best interest once you become a client and discuss your financial future domain money will help me develop clear strategies for my future real estate

• 45:47Caleb Hammer?

  investments and identify tax saving opportunities I hadn't considered if you're ready to take control of your financial future visit domain money.com slash Caleb or click the link in the description to book your free strategy session Caleb Hammer is a current client of domain money and has received cash for a free plan as compensation for this endorsement therefore has an incentive to promote domain money see important disclosures at dmnmny.com slash co slash X no no I'm just losing it so I would listen to him instead of being a defensive person okay you're allowed to listen here

• 46:23Speaker 01

  I will listen

• 46:24Caleb Hammer?

  yes but you're you're allowed to absorb it and potentially change your mindset that's what I'm saying that's what an adult does when confronted with new information even if it challenges the worldview

• 46:33Speaker 01

  takes time right you're talking to me in real time while I'm processing the things you're saying and then what I have to sit on it so at first like I'm giving you my genuine response my genuine answer

• 46:43Caleb Hammer?

  2025 the year of not kicking off gas 2025 the year of not kicking off gas 2025 the year of not kicking off

• 46:48Speaker 01

  It is 2024 still

• 46:50Caleb Hammer?

  You're uploaded in 2025 I'm trying to change things in the mood of the Christmas spirit

• 46:56Caleb Hammer?

  15% interest on here

• 47:02Caleb Hammer?

  Do you know that that is bad?

• 47:04Speaker 01

  Yeah.

• 47:05Caleb Hammer?

  You do know that?

• 47:06Speaker 01

  Well, I've heard that it's supposed to be lower. But when you look at my credit cards.

• 47:11Caleb Hammer?

  Like what number? Yes, of course.

• 47:12Speaker 01

  I've heard like, well, possible five to ten, three to ten. Am I getting closer? There's no way.

• 47:21Caleb Hammer?

  The first numbers you were saying, no, no, no, if we're like under four, five, okay.

• 47:29Speaker 01

  Well, those people probably have a good credit score or like maybe a cosigner.

• 47:33Caleb Hammer?

  It's not just about that. It's just about under.

• 47:35Speaker 01

  Money down.

• 47:36Caleb Hammer?

  Okay, it's not, I'm not even just talking about that. Good credit score or what to achieve.

• 47:40Speaker 01

  Number.

• 47:40Caleb Hammer?

  Oh, my, I'm just trying to make sure you understand what is a considered a good and not good interest rate. Okay?

• 47:50Speaker 01

  Okay.

• 47:50Caleb Hammer?

  I'm just trying to get you to understand that.

• 47:52Speaker 01

  Mine is not good.

• 47:53Caleb Hammer?

  Yours is not good, but again, I wanted to ask you what you consider good and you're saying even up to ten percent. No, no, no, no, no, no. If we are like six percent or up, absolutely not.

• 48:02Speaker 01

  Okay.

• 48:05Speaker 01

  Mine is not good. How can I get it good?

• 48:08Caleb Hammer?

  It's less about that. I just wanted to make sure. I don't think you can because your credit score is not great and interest rates are not fantastic right now. Okay, but the four hundred thirty five dollar minimum monthly payment is very scary for your situation. Very scary.

• 48:23Speaker 01

  Explain.

• 48:23Caleb Hammer?

  Okay, this is like if you woke up and you couldn't find your sippy cup. It's very scary.

• 48:32Caleb Hammer?

  Uh huh, and you have to call mom and dad. It's like that. Very scary.

• 48:36Speaker 01

  Okay, I'm super scared.

• 48:38Caleb Hammer?

  Does that make more sense?

• 48:39Speaker 01

  Totally. I'm really scared.

• 48:42Caleb Hammer?

  You disgust me. Okay.

• 48:45Caleb Hammer?

  What is the term on this? Do you know? Oh, okay, till the end of the decade. Wonderful. Good. When she's thirty five.

• 48:55Speaker 01

  Isn't that normal? Isn't a five?

• 48:58Caleb Hammer?

  There's a difference between normal and good and bad. The normal American is, the normal American has a car payment in the six hundreds. The normal American is getting a new car every few years. The normal American is drowning, credit card debt, the normal American doesn't, can't afford a thousand dollar emergency. Normal. I don't want you to be normal. I want you to be doing better because you, no matter how much you piss me off and no matter how not intelligent in this world you are and how you survive them beyond concerned, but either way, no matter all that, you are still a human being that exists, which means I want you to do well. So I don't give a about normal. I want you to do better than them.

• 49:40Speaker 01

  So we need good, good percentage, good numbers.

• 49:45Caleb Hammer?

  I need you to do well. Yes. Bank of America.

• 49:49Speaker 01

  Yes.

• 49:50Caleb Hammer?

  Credit card. What are you smiling about? Just a happy little creature? Okay. Bank of America.

• 49:57Speaker 01

  You're looking at a credit card statement? I do um pay Green Path Wellness Financial, something like that. A monthly payment and they actually pay all my, the rest of my credit cards. I only pay the Discover.

• 50:10Caleb Hammer?

  Hold on.

• 50:10Speaker 01

  And then the other four.

• 50:11Caleb Hammer?

  You're in a debt.

• 50:14Caleb Hammer?

  Why am I blanking on it?

• 50:15Speaker 01

  Consolidation.

• 50:16Caleb Hammer?

  Not consolidation. You're in a debt, like negotiating.

• 50:19Speaker 01

  Something like that.

• 50:20Caleb Hammer?

  Oh, I'm blanking on the term. Great time to blink on the term. I think your brain is.

• 50:27Speaker 01

  Can't blame me.

• 50:27Caleb Hammer?

  Wearing off on me.

• 50:28Speaker 01

  Can't blame me.

• 50:30Caleb Hammer?

  Okay, well, so walk me through this again. So you, you, so you.

• 50:34Speaker 01

  I pay them.

• 50:35Caleb Hammer?

  Yeah, who again? What are they called?

• 50:37Speaker 01

  Path, Green.

• 50:38Caleb Hammer?

  Okay, so we're not thinking about Bank of America anymore. We're talking about Green Path.

• 50:41Speaker 01

  I guess not really, no, because the rest of my four credit cards.

• 50:44Caleb Hammer?

  How much do you pay Green Path on a monthly basis?

• 50:46Speaker 01

  One seventy one.

• 50:47Caleb Hammer?

  And what do you owe to them overall?

• 50:49Speaker 01

  Don't know.

• 50:51Speaker 01

  If I had to guess, maybe ten.

• 50:52Caleb Hammer?

  I don't trust your guess. You're not a reliable narrator on anything that involves a number.

• 50:56Speaker 01

  How do you know? Did I even give? Have you asked me numbers, questions?

• 51:00Caleb Hammer?

  Taxes.

• 51:00Speaker 01

  Percentage? Oh, yeah.

• 51:01Caleb Hammer?

  Basic stuff.

• 51:02Speaker 01

  About that.

• 51:03Caleb Hammer?

  Okay, so this card is now with Green Path. They're now dealing with this. They are making the payment for you.

• 51:09Speaker 01

  Yes.

• 51:09Caleb Hammer?

  So the issue with a lot of these, and there's some good ones, there's some bad ones. I support good ones in the right context. I don't know if you have the right context, because you probably didn't fix your behavior. Remember the behavior that got into this credit card debt in the first place? You probably are not addressing that before you're doing this, which means you're gonna fuck yourself again. But either way. Okay, so I'm okay with some of those negotiating companies, but the thing is, for some of them, like bad ones, that might prey on people who are not that smart. They might have so much ba- so many baked in fees and that you're literally potentially losing even more money than if you're just doing your credit card payments. You already know you are? Why'd you do it then? What the are you talking about?

• 51:50Speaker 01

  Well, I didn't know until after I already did it.

• 51:52Caleb Hammer?

  You can usually, you can sometimes back out of these programs. Have you tried to reach out to them? I know phone numbers are difficult.

• 51:57Speaker 01

  No.

• 51:57Caleb Hammer?

  Okay.

• 51:59Speaker 01

  No, I didn't try to reach out because it's already like set in stone.

• 52:02Caleb Hammer?

  See what you can do. I don't know about Green Path.

• 52:05Speaker 01

  Okay.

• 52:06Caleb Hammer?

  See what you can do. I mean, you've paid two hundred fifty dollars in interest in this year. Capital One, is that in Green Path? Okay, so the Capital One was a one four. Well, why was that in Green Path? It's a one fourteen. You could have paid that. It's less than your minimum payments on everything we talked about so far.

• 52:19Speaker 01

  Yeah, hundred percent. At the time, though, I was in a transition, no job. So it was just like, sweet, got it all moved to one.

• 52:27Caleb Hammer?

  Did you basically have no job?

• 52:30Speaker 01

  Uh, technically, I do have a job.

• 52:33Caleb Hammer?

  Yeah, technically, according to the government, you don't, because you're not claiming your income. So I don't know what the you're talking about.

• 52:39Speaker 01

  Well, not yet.

• 52:40Caleb Hammer?

  Yeah, two years? Yeah?

• 52:42Speaker 01

  How to do my taxes, hopefully after the show, and then I'll do what you do.

• 52:47Caleb Hammer?

  I know we're gonna sit you down with those people, but what would you have done without that? Because you haven't figured it out thus far.

• 52:54Speaker 01

  Then the opportunity when it arise would have arisen.

• 52:58Caleb Hammer?

  What?

• 52:59Speaker 01

  Right?

• 53:00Caleb Hammer?

  What?

• 53:01Speaker 01

  It's all.

• 53:02Caleb Hammer?

  What even is that? What even is that? It's a phrase or a mindset.

• 53:05Speaker 01

  Dude, it all plays out how it's like supposed.

• 53:07Caleb Hammer?

  Oh, fuck. Whoa, the mo- I hope you don't get any. If, if your parents dying, you don't have an inheritance and your boyfriend becomes.

• 53:16Speaker 01

  Why is it that my parents have to die? Why do you keep talking about people dying?

• 53:19Caleb Hammer?

  Because life happens and people die. I'm sorry, it's not the happy part of things. But if they die and you do not have an inheritance and your boyfriend can't deal with this anymore, you are literally not going to survive. There is no chance. You're gonna always have to rely on trying to go get someone because you can't do this yourself. Or a job, but again, with your job, you cannot sustain. And you are essentially assuming we're in a great, our, our job market's fine. Yeah, I bit my tongue. Our job market's fine right now. Is it as good as it was a few years ago? Of course not. But compared to like a recession job market, it is still pretty damn good. You and I have not had to shop jobs in a real recession before. You are just assuming that I'll just get a job is going to exist.

• 54:03Speaker 01

  Yeah, but if it doesn't, it, I've already talked to you about this. It's not so bad to be homeless. Is that bad?

• 54:10Caleb Hammer?

  You didn't say that.

• 54:11Speaker 01

  Fear of it, right? You're like, be afraid of this, like this is danger and I don't.

• 54:15Caleb Hammer?

  Oh, gosh, okay. I think you might just need to become homeless so that you can experience how bad that is. I haven't, but I at least can recognize how bad it is. But you're unable to. That's the most delusional thing I've ever heard on the show.

• 54:27Speaker 01

  Possibly because.

• 54:27Caleb Hammer?

  You, you, I think you just broke a fucking record.

• 54:29Speaker 01

  If you haven't been in a situation, how would you really know how?

• 54:32Caleb Hammer?

  Conversations, documentaries, education. You can learn. Will you know the exact experience in terms of a flesh level? No, but you can.

• 54:40Speaker 01

  Really bad situation right now and I don't even think.

• 54:43Caleb Hammer?

  What about the freedom card lady? Hmm? Is this a part of green? Okay, it was a two thousand. With hundreds of dollars in interest accrue and over the year, of course. Okay.

• 54:58Caleb Hammer?

  Oh, what's this?

• 54:59Speaker 01

  Oh, those are the student loans.

• 55:02Caleb Hammer?

  They paid for some of school, but not all of it?

• 55:05Speaker 01

  Correct.

• 55:06Caleb Hammer?

  Okay, hmm, they paid for private high school and elementary and middle. Okay. Interesting, whatever, that's fine. It's not like they have to. Sixty-three thousand eight hundred. Where'd you go?

• 55:18Speaker 01

  I went to Grand Canyon University.

• 55:20Caleb Hammer?

  Okay, you're always obsessed with something green.

• 55:22Speaker 01

  Grand Canyon.

• 55:24Caleb Hammer?

  Oh, grand.

• 55:24Speaker 01

  Grand Ca- yeah, GCU.

• 55:26Caleb Hammer?

  Are these all federal student loans? It looks like. So you have no private student loans?

• 55:31Speaker 01

  Like a Sally Mae. I already paid that off.

• 55:35Caleb Hammer?

  You had to? You paid it off?

• 55:36Speaker 01

  Yes.

• 55:38Caleb Hammer?

  What? There was twenty thousand?

• 55:40Speaker 01

  Maybe ten? I don't know. It's been a minute.

• 55:43Caleb Hammer?

  You're thirty. It hasn't been that long. When did you pay it off? How did you pay it off?

• 55:47Speaker 01

  Maybe a few years ago.

• 55:48Caleb Hammer?

  Why'd you pay it off?

• 55:50Speaker 01

  Well, because it had me doing payments every month.

• 55:53Caleb Hammer?

  Uh huh. That was it? That's the only reason why? Then why is everything else not paid off? Then if that's the reason why?

• 55:59Speaker 01

  Well, that one, I don't know how that one works.

• 56:02Caleb Hammer?

  You're prioritizing going out, which we haven't gotten to your spending, it's in your checking account. But you specifically said at the beginning of the conversation, you prioritize going out other than paying off your debt. Why was Sally?

• 56:11Speaker 01

  It's just every other.

• 56:12Caleb Hammer?

  Gotcha. Why was Sally Mae then prioritized over that stuff?

• 56:16Speaker 01

  I think I started paying before these kicked in. Like when you got, I got out of college.

• 56:22Caleb Hammer?

  Your other credit cards, though.

• 56:23Speaker 01

  Yeah, those were after. So Sally Mae started paying first.

• 56:27Caleb Hammer?

  So you're responsible for a little bit after college and you've just decided to revert to infancy? I'm confused. Why would you do that?

• 56:33Speaker 01

  Well, I don't really know how it works.

• 56:35Caleb Hammer?

  What's your minimum monthly payment on these student loans?

• 56:38Speaker 01

  Zero.

• 56:39Caleb Hammer?

  Are they zero or are you not paying them?

• 56:42Speaker 01

  They are zero.

• 56:44Caleb Hammer?

  Okay, were you in an income-based repayment plan?

• 56:46Speaker 01

  Yes.

• 56:47Caleb Hammer?

  And you know that?

• 56:48Speaker 01

  Yeah.

• 56:49Caleb Hammer?

  For sure.

• 56:50Speaker 01

  Yeah. I reapplied for it whenever they like were gonna restart your payments and then you had to switch over the plans. So then I went on.

• 56:59Caleb Hammer?

  Sixty-three thousand eight hundred seventeen dollars, zero dollar payment. And they're on deferment right now, most likely because they are being challenged in court. They're all tied up. Those that, those type of payment programs might get stripped down. You might be forced to pay about seven hundred dollars a month in payments.

• 57:15Speaker 01

  That's what it would be like before COVID happened.

• 57:18Caleb Hammer?

  It's why I said it.

• 57:20Speaker 01

  Yeah.

• 57:20Caleb Hammer?

  Yes. But you realize that, right? Like you could get, if you don't, they'll garnish your wages from whatever job you have.

• 57:27Speaker 01

  Garnish my wages?

• 57:28Caleb Hammer?

  As in, if you go get a job before your income hits, like at W two, before your income hits, they will take money before your income hits. They will force you to pay it. Force, gunpoint.

• 57:39Speaker 01

  Because I'm not gonna choose to pay it like it was before.

• 57:42Caleb Hammer?

  I don't know how you'd be able to now.

• 57:44Speaker 01

  Well, I would figure it out.

• 57:46Caleb Hammer?

  That's our answer for every, you don't, you don't know. You've only known a good economy.

• 57:56Speaker 01

  You might be right about that.

• 57:57Caleb Hammer?

  I am right about that for sake.

• 57:59Speaker 01

  Okay, you win on that one.

• 58:02Caleb Hammer?

  Is that a win lose? This isn't, is that a competition? I want to see you survive and do well.

• 58:07Speaker 01

  I do too.

• 58:08Caleb Hammer?

  If you're feeling this is a fucking argument, then oh my gosh. What did you graduate with? What was your degree?

• 58:15Speaker 01

  Elementary education.

• 58:17Caleb Hammer?

  Why aren't you teaching?

• 58:19Speaker 01

  I don't like school.

• 58:20Caleb Hammer?

  Why?

• 58:21Speaker 01

  I don't think it's useful. I don't think it was necessary.

• 58:26Caleb Hammer?

  What school?

• 58:27Speaker 01

  Hmm, the tactics, the classroom style.

• 58:31Caleb Hammer?

  Then why not try to get into like a charter or private school that might align with your teaching style and what you think a classroom should be? Not that I would want you to teach a kid, but okay.

• 58:41Speaker 01

  I just don't like it.

• 58:44Caleb Hammer?

  Why'd you get the degree?

• 58:46Speaker 01

  To get a degree.

• 58:47Caleb Hammer?

  To get a degree? Why didn't you get more general degree, just like a business degree in marketing?

• 58:51Speaker 01

  It was the fastest degree out of college.

• 58:53Caleb Hammer?

  That's all you cared about? And now you're just being a nanny?

• 58:56Speaker 01

  Years trying to do nursing and then it was like, I did not like that and was bad at it. So.

• 59:02Caleb Hammer?

  Yeah, no, even though.

• 59:03Speaker 01

  To elementary education, just to get the degree, got the degree and then attempted teaching a few times and did not like it and nannying was like right up my alley. And I got to prepare for like what it's like to be a mom or attempt to be, like build those skills.

• 59:20Caleb Hammer?

  Well, if you ever want to do something different, I can gift you a course career certification, change of field, something like accounting, tech, whatever you want. I can gift that to you. If you can make it through it, anyone can make it through it. I don't know if you can. I know you guys can.

• 59:33Speaker 01

  Challenger accepted. Yeah, I'd love that.

• 59:36Caleb Hammer?

  Oh, okay. Well, you just let us know then.

• 59:38Speaker 01

  Now, I'd like to you know now. Yeah.

• 59:41Caleb Hammer?

  Well, you gotta see what certifications are available.

• 59:43Speaker 01

  Oh, I see. I just meant yes to the opportunity.

• 59:46Caleb Hammer?

  Mm hmm. Okay.

• 59:48Speaker 01

  Oh, no.

• 59:49Caleb Hammer?

  Yeah, what the is this? This is screenshots from a note app with a lot of dollar signs. I'm very confused. This is three pages. Three pages. What am I looking at here?

• 59:59Speaker 01

  Um, that is an IOU list.

• 1:00:02Caleb Hammer?

  To for what?

• 1:00:04Speaker 01

  Uh, things, family.

• 1:00:06Caleb Hammer?

  Okay, so again, further proving the point, if you did not have them to fall back on, you would be dying. You would be starving.

• 1:00:14Speaker 01

  We don't know that.

• 1:00:15Caleb Hammer?

  No, no, no. If you could not find a food pantry, you would be starving.

• 1:00:19Speaker 01

  We don't.

• 1:00:19Caleb Hammer?

  Or eating out of a dumpster.

• 1:00:21Speaker 01

  We don't know that.

• 1:00:23Caleb Hammer?

  What's the alternative?

• 1:00:24Speaker 01

  Figuring it out.

• 1:00:27Caleb Hammer?

  Boo. If you want to earn a $3,000 bonus, you need to keep listening. Silo is running an exclusive launch promotion just for you guys. Silos like Robin Hood, but for bonds, and they're doing the best sign up bonus I've ever heard of. If you deposit right now using my link, they'll boost your deposit by 3% up to a $3,000 bonus. And US government bonds are already bringing in four to 4.5%. Bonds are especially interesting right now because the Fed has been cutting rates left and right with more cuts expected all throughout 2025. Potentially even dropping all the way back down to zero. Even I got a notice from my bank about cuts, so if you see your savings rate already shrinking, it's time to take action.

• 1:01:11Caleb Hammer?

  With bonds, you can lock in today's rate of four to 4.5% with the US government for one, two, or even 10 years. And the best part, once you buy, your rate is locked in, even if the Fed cuts rates to zero. For those like me who prefer a bit of peace of mind, US government bonds are risk free because of their ability to print money and pay you back. Also, all assets on Silo are stored with interactive brokers and protected by $500,000 in SIPC insurance. And up to $2.5 million in FDIC insurance. This limited time launch offer is only available for the first $10 million in deposits, and a big chunk of that is already filmed. So if you want to get a $3,000 an hour bonus don't wait take advantage of this opportunity to lock in over seven percent

• 1:01:55Caleb Hammer?

  rates only with silo at the link in the description below now let's jump back into the episode okay so we have an I oh no this one was paid okay this was seven hundred dollars to mom uh chase credit owed to mom a hundred dollars why do you owe a hundred for chase credit to mom so did she make a minimum payment for you probably yeah utilities owed to mom fifty one dollars extra bank cushion money owed to mom fifty dollars I'm gonna call your mom I'm gonna call your mom I'm gonna call your mom in the financial audit post show I didn't tell my mom no I'm gonna call your mom in the fucking post show and I need to tell her to cut you off I'm gonna call your mom we're gonna get through your financial audit and then guys if you want to join our YouTube membership in the post show we're gonna call your mom because this is this is crazy right now

• 1:02:40Caleb Hammer?

  make of America discover and Sally Mae owe mom three hundred five dollars four hundred eighty three oh it's all mom July bills owed to mom sixty seven dollars fun money owed to mom you're a fucking infant hundred dollar grocery spending owed to mom you're not surviving your mom is allowing you ta- tamping owed mom I'm assuming that means tampon yeah probably twenty dollars we're calling it tamping is that the

• 1:03:07Speaker 01

  okay this list is from two thousand and seventeen and it's been growing and been working on since then so

• 1:03:13Caleb Hammer?

  I only see one worked on by the way fun fact only the one at the top fifty dollars weekend fun money owed to mom four hundred dollars Sally Mae and so Cal owed to mom two hundred guys I'm gonna get comfortable we're gonna be here for a second three that's not funny this is actually disgusting and in like embarrassing you should be embarrassed

• 1:03:32Speaker 01

  would you like me to cry instead

• 1:03:33Caleb Hammer?

  no but I wouldn't laugh out of comedic fashion because this is not

• 1:03:38Speaker 01

  comedic fashion

• 1:03:39Caleb Hammer?

  shut the up I'm reading fifty dollars I owe you mom extra money not even descriptive there four hundred dollars I owe you L I B ticket paid a hundred and then paid another hundred paid another hundred so you probably owe extra hundred or was it six hundred that you owed and now it's four hundred

• 1:03:54Speaker 01

  no it would have been four hundred and

• 1:03:56Caleb Hammer?

  okay now it's three hundred what the is it LBI L I B

• 1:04:00Speaker 01

  it was either lightning in a bottle or life is beautiful

• 1:04:03Caleb Hammer?

  wonderful I I I owe you to mom blacked out eighty dollars I owe you to mama for alcohol and snacks thirty dollars wow thanks mom for being really good oh guess what dad showed up for In-N-Out forty dollars gee for sake

• 1:04:18Caleb Hammer?

  Thirty dollars I owe you to dad sixteen for mom for gas. Oh, it was a dead present. That was the one. Twenty dollars beer for mom. Thanks mom. Gosh, you're doing so great. Thirty dollar grocery mom fifty dollars bills and extra for mom. Hundred dollars clothing from mom. Four hundred Vegas from mom. Five hundred dollar October bills from mom. Fifty dollars mom extra spending money. I can't deal with it. There is no hope. There is no hope. Look at this. This is the most insane. I'm not even gonna go through this. We can put her all on screen, but this is crazy. We got Chase November bills, Chase December. December bills, January, Sally Mae overdraft account fifty dollars. Extra spending money, dinner snacks, drinks, oil, gas, Thanksgiving.

• 1:05:02Caleb Hammer?

  Uh fixing car, low money, borrow money, Christmas presents, June therapy, paid that one. Registration paid. Okay, we got a new seventy seven inch TV two point four thousand oh to mom. I'm gonna kill myself. APT furniture for apartment to mom and passport. Oh mattress topper, uh camp. I owe the oil change, Amazon, Walmart, Amazon gas, Amazon. What a and dra- uh and then yeah, the overdraft one as well. What a joke overdraft and you're kidding me? Like what? I'm sorry. Give me my calculator back. You don't deserve it. You won't even know what those

• 1:05:44Caleb Hammer?

  letters and symbols mean on there. So can give it to me.

• 1:05:51Caleb Hammer?

  Huh?

• 1:05:52Speaker 01

  I need a break.

• 1:05:52Caleb Hammer?

  Is that it? Or are you okay? Are you?

• 1:05:57Caleb Hammer?

  She wasn't feeling bad because of the conversation or because of any jabs or jokes and stuff because everyone's well aware of what's happening when they come on the show, but apparently all those screenshots, screenshots, screenshots, all of it is finally stacking up. And she's seen exactly how much she owes to the family and it boiled up to an overwhelming sense. And she needs a break and I would understand because if any of us saw those kind of numbers and that kind of life. It's crazy. It's hard when you talk about your family. Cause they do enable it.

• 1:06:36Speaker 01

  I have worked, I have worked on like, I mean, trying to break away from that. However, at the end of the day, when life gets hard. And it comes to, yeah, stepping up on my own, I do rely on them.

• 1:06:48Caleb Hammer?

  It's been a lot.

• 1:06:49Speaker 01

  It has been a lot and.

• 1:06:53Caleb Hammer?

  We're seeing how much was stacked up.

• 1:06:55Speaker 01

  Um, no, it's the guilt.

• 1:06:58Caleb Hammer?

  Guilt. So you feel immense guilt from this. Cause it's been years.

• 1:07:03Speaker 01

  But I like owe them my life. It's not even just the money. It's like. I'm supposed to, I've had a privileged life and I should be better at where I'm at. I should be like a real adult, like super together. And then goes like hitting thirty was hard because. I thought by now I'd like definitely have kids, hopefully be married, like have like a career and I'm not there.

• 1:07:28Caleb Hammer?

  Ah, you're doing better than me. At least you're not single.

• 1:07:32Speaker 01

  No, because maybe it is, yeah, another enabling situation. It's another. Any kind of person who's helping you at the end of the day is enabling you and so getting help.

• 1:07:43Caleb Hammer?

  You need a lot of help.

• 1:07:45Speaker 01

  Like more than I'm.

• 1:07:46Caleb Hammer?

  A help into changing your behaviors, or I'd say, the help you've received so far. Hasn't actually helped.

• 1:07:54Speaker 01

  It saved me from saving myself and that's not necessarily a good thing. I'm very appreciative and grateful for it, but it's time that I step it up for myself and not just for myself, but for my family and wanna do better. I'd love to be one of those people who pays their parents debt off.

• 1:08:12Caleb Hammer?

  Parents have that.

• 1:08:13Speaker 01

  My, some of my college, some of my sister's college.

• 1:08:17Caleb Hammer?

  Oh, they were going into debt for this.

• 1:08:19Speaker 01

  I mean, they took out loans for that. I mean, the house, whatever, like. You know, the American dream's lifestyle situation that looks good on the surface, but you know, underneath it's not. And that's clearly what I've played out to be and it's time that I like do it for real, not.

• 1:08:40Caleb Hammer?

  Though, this conversation so far has been.

• 1:08:46Caleb Hammer?

  Honestly, deeply worrying and I am glad to at least hear right now that you're you're ready to take the step, you're ready to take the step to sever that enablement that's been happening. But what can we actually do based on this conversation? It's been very worrying.

• 1:09:07Speaker 01

  Yeah, well, I would.

• 1:09:08Caleb Hammer?

  And are you sure? Are you sure you want to film the rest? Cause you, you know, you walked off.

• 1:09:14Speaker 01

  I do wanna film the rest. Yes, I need a break and now I'm ready. Like, the thing is, looking at it is one of the issues and one of the first steps that I haven't done, right? So being able to even look at it is a first step.

• 1:09:28Caleb Hammer?

  Think you can change your behavior, though? You think you can actually change?

• 1:09:32Speaker 01

  I think anything's possible and if I've been able to do.

• 1:09:35Caleb Hammer?

  That mindset has not worked. I need to correct that because you that's what you've kept using this entire conversation is that it's all possible. Or I'll figure it out.

• 1:09:43Speaker 01

  And maybe that's my perspective or my version of hope, right? Without that.

• 1:09:48Caleb Hammer?

  But hope without any actions is nothing.

• 1:09:52Speaker 01

  I'm not disagreeing with you there. I just think that you still need the hope to continue on for the possibility of actions to eventually come. And I think it's been a point of delusional hope and the idea that future me is gonna solve it. Future me is gonna take care of it. I have people to rely on and now and now it's time that it's me that steps up.

• 1:10:12Caleb Hammer?

  What you said wasn't like a hundred percent wrong. The thing is, is I've just been surround. We all know people in our lives that have these hopes and dreams and ambitions, starting a business, pursuing a career, doing something. But they put no action behind it and we will always only ever hear them talking about their hope. So a hope is not gonna lead to the action. It's actually you're gonna have to walk away from this conversation and implement today. Today, what we talk about.

• 1:10:40Speaker 01

  I don't think that that needs to take away from my delusional hope. I think that the hope along with the actions, like the talking, the talk needs to be paired with the walking, the walk. They have to align.

• 1:10:50Caleb Hammer?

  You need to have hope. I'm not saying don't have hope.

• 1:10:52Speaker 01

  Yeah.

• 1:10:52Caleb Hammer?

  It's the hope without the action. That's that's all I'm saying. You need the hope. If you don't have hope going through it, it's also you're not gonna make it to the end.

• 1:10:59Speaker 01

  Yeah.

• 1:10:59Caleb Hammer?

  Of course, but okay, I just I need to see the action. So when you're when you come on the Financial Audit Follow Up channel. There's gonna be major changes?

• 1:11:09Speaker 01

  Major changes.

• 1:11:10Caleb Hammer?

  Why do you think? Why do you think just besides the hope? Why do you think you're actually gonna take the step after this?

• 1:11:16Speaker 01

  Because my why is more important.

• 1:11:19Caleb Hammer?

  What's your why? Give me your why right now.

• 1:11:20Speaker 01

  My future, the idea that the idea, right, is not a reality that I'm going to have. Or hopefully conjoined finances with my boyfriend.

• 1:11:31Speaker 01

  No, I'm saying.

• 1:11:32Caleb Hammer?

  Once you're married.

• 1:11:32Speaker 01

  Married, right? I don't want my debt to impact him, right? I don't wanna come into debt in that relationship and then having children.

• 1:11:40Caleb Hammer?

  It can work. Sometimes, sometimes what people just need is to have everything really strung out. Strung out, show, just really thrown out. Demonstrating in front of them just how bad it is, cuz so many people, every, I would say almost everyone that comes on the show does not know how bad their situation actually is and tells the show. And it pushes to that moment where people are finally willing to actually change. And if you're at that moment, then I'm going to continue cuz I, we can get you out of debt probably, and we can figure it out. Um, so let's continue, but getting to that moment is critical. What's this? What am I looking at?

• 1:12:19Speaker 01

  A screen, okay, so my Discover credit card.

• 1:12:27Caleb Hammer?

  The original one at thirteen thousand?

• 1:12:29Speaker 01

  This is, yeah, so look at this. I called them. And I saw this thing where you could just ask them to lower your percentage, and they did. So is that like, what, twenty seven? And they moved it to twenty four? And then next thing I know is this. Where, what's that? What? I don't understand how they just charged me. Oh, fat interest?

• 1:12:57Speaker 01

  Like.

• 1:12:58Caleb Hammer?

  Wait, wait, bring up your app for me. Bring up for your app.

• 1:13:00Speaker 01

  Okay, but you're still gonna have to pay the interest for all the things that are already on the card before the new percentage goes in. I'm like, obviously, yeah, that makes sense. You wouldn't change the interest and lower it. But why would they tack on a full interest of that?

• 1:13:17Speaker 01

  Here you go. I don't know.

• 1:13:20Caleb Hammer?

  Yeah. No, that's just your monthly interest amount, dude. Your monthly interest amount is insane because your balance is so high.

• 1:13:30Speaker 01

  But it's never been that high. Like I pay this every month. It's usually seventy eight dollars. And then all of a sudden it just jumps up to three hundred.

• 1:13:39Caleb Hammer?

  Wait a minute. Hold. Okay. Okay. Well, fine. I'm looking at an October statement then. Let me see. No, October statement. It's because your starting balance was lower. You were two thousand lower. Your credit card's only gone up. That's why the interest was lower. Your minimum monthly payment was pretty similar, but lower because your balance was lower. If you have a higher balance, the interest is higher. If you have a higher balance, the minimum monthly payment is higher. Let me go back to August. Let me go back to August. August. Again, you were two thousand dollars lower than that previous month. Why do you think it's getting higher? You went from nine thousand in August.

• 1:14:10Speaker 01

  Like two hundred dollars more?

• 1:14:11Caleb Hammer?

  No, because what in your minimum monthly or your interest?

• 1:14:14Speaker 01

  In the interest.

• 1:14:15Caleb Hammer?

  Your interest was only, your interest was only like fifty dollars more. I'm looking at the past statements. I went a month prior and it's fifty dollars more. And then the month before that, it was another fifty dollars less. Again, but you're, you're going up. You've gone up from nine thousand a couple of months ago to now at thirteen thousand. So it is going to be higher. You just didn't know what your interest was because you probably didn't look at your statements. You were getting horrendous interest charge still.

• 1:14:41Speaker 01

  But I do.

• 1:14:42Caleb Hammer?

  No, definitely for sure. Okay, maybe seventy eight, maybe like a year ago. But listen, I, I, I, okay, let me go all the way back to June. June, June was around nine thousand. In, okay, okay. Well, here is a lower interest charge. Let me see one.

• 1:14:59Caleb Hammer?

  You were on a promotional. You were on a lower seventeen percent thing and it jumped up since. So yes, of course, your interest went up. So that's what happened. Even if they brought your interest down from thirty to twenty five, it's still above that fifteen percent. So yes, that's, that's how it's gonna work. And what is this?

• 1:15:18Speaker 01

  What is this? Those are my, so I get paid on Apple Pay.

• 1:15:24Caleb Hammer?

  So this is Apple Pay?

• 1:15:25Speaker 01

  This is my Apple Pay like, this is my wallet on.

• 1:15:28Caleb Hammer?

  Okay, so four hundred fifty dollars came in and then you transferred it to your bank and that's happened and then you sent some to someone, you sent one to someone and then you sent one to someone for Uber and then AAA vape. It's not AAA, it's vape.

• 1:15:43Speaker 01

  Yeah.

• 1:15:44Caleb Hammer?

  How much are we spending on vape?

• 1:15:46Speaker 01

  Probably more than I should be spending.

• 1:15:48Caleb Hammer?

  Yeah, don't you wanna survive? So if you do all the long, hard work that you're gonna do if you wanna change your life, don't you actually wanna see the reward in the end? Thirty-six dollars, definitely not groceries for you at Target. More, forty-three dollars for vape. Bagels, thirty-eight dollars, then lots of transfers back and forth and some Walgreens and stuff like that. Corner, corner donuts, fifteen bucks. Went in, got some BS from the gas station, six dollars and then Subway and bite the bagel, ten dollars and more vaping, forty-three dollars. How often is that forty-three dollars? Is that four, is that every week?

• 1:16:22Speaker 01

  Possibly.

• 1:16:24Caleb Hammer?

  That's so much money, I can't put that in your budget. I can't put that in your budget times four, that's a hundred seventy-two dollars a month, I can't put that in your budget. That's an incit- you, you have to work on that on your own. I can't get you to quit, you're gonna have to quit, I can't put that in your budget. That's horrendous and you're killing yourself. You also sent someone a hundred sixty-four dollars, have so much fun in Hawaii. What the?

• 1:16:49Speaker 01

  Well, when I went to Hawaii, my sister sent me some money and I had that.

• 1:16:52Caleb Hammer?

  How's she doing financially? You didn't, no you don't, you're, we have the.

• 1:16:56Speaker 01

  The cash.

• 1:16:57Caleb Hammer?

  Hey, we had, come on, you just, you, you had a moment of big, you, big emotions? Because we finally saw the, all the IO, IOUs to your family, to your mom, three pages worth.

• 1:17:10Speaker 01

  Yeah.

• 1:17:10Caleb Hammer?

  You didn't have the cash. You have IOUs. You don't have the cash.

• 1:17:16Speaker 01

  But I did have the cash.

• 1:17:18Caleb Hammer?

  You don't, you don't, you had the IOUs.

• 1:17:20Speaker 01

  Going to Hawaii, my, I didn't have the cash, I didn't have the money and she sent it to me and it's not.

• 1:17:25Caleb Hammer?

  When she did that, does she have IOUs to your mom?

• 1:17:28Speaker 01

  I don't know, probably not.

• 1:17:29Caleb Hammer?

  Doesn't matter, if you don't know, you do. It's a different situation, you and your sister are probably not in the same situation.

• 1:17:36Speaker 01

  No.

• 1:17:37Caleb Hammer?

  We gotta call your mom on the post show, we gotta call your mom on the post show or your dad.

• 1:17:41Speaker 01

  Looking for.

• 1:17:43Caleb Hammer?

  The total IOUs is seventeen thousand four hundred eighty-three dollars.

• 1:17:47Speaker 01

  Sorry, say it again?

• 1:17:48Caleb Hammer?

  Seventeen thousand four hundred eighty-three dollars in IOUs. Jake added them up.

• 1:17:55Speaker 01

  Okay.

• 1:17:56Caleb Hammer?

  Okay?

• 1:17:57Speaker 01

  That's possible to pay back.

• 1:18:01Speaker 01

  Right?

• 1:18:02Caleb Hammer?

  Yes, anything in.

• 1:18:04Speaker 01

  Okay, so.

• 1:18:07Caleb Hammer?

  What are you thinking right now?

• 1:18:08Speaker 01

  Challenge, a big obstacle that I'm going to overcome and have great skills afterwards.

• 1:18:14Caleb Hammer?

  Oh, okay. Don't get yourselves into challenges just so you can get skills, though? I don't want you to feel life like that.

• 1:18:23Speaker 01

  I don't think that was the intention. However, that is how we're gonna look at it to get through it.

• 1:18:28Caleb Hammer?

  Seventeen thousand you you owe in the IOUs.

• 1:18:31Speaker 01

  Yes.

• 1:18:32Caleb Hammer?

  If I put that right now in my investing app, Mu Mu, it's the one I use. If I put that in there, people that put their uninvested cash in there, I think they get nine percent on their money. You'd get an extra, now let's divide that on a monthly basis, you'd get an extra hundred twenty-seven dollars in pure profits in one month. If that IOU was sitting in something that generated you money, but instead you owe it to mom.

• 1:18:56Caleb Hammer?

  And I see that's where it emotionally hits you every time. It's when we get to the IOUs. There are tissues right there if you need one. Please feel free. Okay.

• 1:19:04Speaker 01

  Yeah.

• 1:19:05Caleb Hammer?

  Okay. I know this doesn't seem like a part I should be glad in, but I am glad that there is a part of this that emotionally hits you. The credit card didn't matter to you, the student loans didn't matter to you, none of that mattered to you, but we got to the IOUs and it matters. And if we have something that actually matters and draws the emotional response, that may give us the actual kick in the ass, the fire under our ass that we need to actually start tackling some of this. Okay?

• 1:19:32Speaker 01

  But, yeah. Do it.

• 1:19:37Speaker 01

  Yeah.

• 1:19:38Caleb Hammer?

  You are a California girl.

• 1:19:39Speaker 01

  But what matters clearly is people to me and the emotions and the feelings and I've done it in maybe a wrong and unhealthy way and then it comes and bites me in the ass and then I gotta do it the right way.

• 1:19:52Caleb Hammer?

  Hundred thirty-five dollars in our checking account. That's right to me. Help us get there. Was that on our hundred bucks Uber, Uber, Uber?

• 1:20:02Caleb Hammer?

  Why are you Ubering so much? You have this car, you're very proud of it.

• 1:20:05Speaker 01

  Oh, Uber is like delivery food.

• 1:20:08Caleb Hammer?

  It's Uber Eats?

• 1:20:10Speaker 01

  Yeah.

• 1:20:11Caleb Hammer?

  Eats? Do you cook?

• 1:20:13Speaker 01

  Yes.

• 1:20:13Caleb Hammer?

  How often?

• 1:20:15Speaker 01

  Weekdays.

• 1:20:16Caleb Hammer?

  Every weekday? What are three Uber Eats in a row then?

• 1:20:20Speaker 01

  Weekends be different.

• 1:20:22Caleb Hammer?

  Weekends be different or three days in a weekend?

• 1:20:26Speaker 01

  No. Well, Friday, if you count Friday.

• 1:20:30Caleb Hammer?

  Why would I count Friday as a week? That's not a week, it's a weekday.

• 1:20:34Speaker 01

  You're right, but you clock off and then it's.

• 1:20:37Caleb Hammer?

  Oh, good.

• 1:20:41Caleb Hammer?

  Uber Eats, Uber Eats, so five in a row. So are weekends five days?

• 1:20:46Speaker 01

  Well, no, then there'd be like breakfast, lunch, dinner.

• 1:20:48Caleb Hammer?

  You're fucking killing yourself and me and I'm trying to be gentle, I'm trying to be gentle, I'm trying to be gentle in the latter half of this conversation.

• 1:20:56Speaker 01

  No, no, no.

• 1:20:57Caleb Hammer?

  But come on, that's fucking crazy. It's fucking delusional. That is insane. Nope, that's that's that's bad for you. That is bad for you.

• 1:21:04Speaker 01

  It's bad for me financially.

• 1:21:07Caleb Hammer?

  And probably health-wise too.

• 1:21:11Speaker 01

  Taking care of myself, taking care of kiddos, cooking, cleaning, it can be draining come the weekend. It's like, well, I wanna be.

• 1:21:24Caleb Hammer?

  You work twenty-five hours a week, I have no sympathy. Shut up. The rest of us.

• 1:21:29Speaker 01

  Hours clocked.

• 1:21:30Caleb Hammer?

  The rest of us, if you're working unclocked hours, then you need to get another job.

• 1:21:37Caleb Hammer?

  That means you're not getting paid for unclocked.

• 1:21:40Speaker 01

  Well, it's that one twenty-five a week and then.

• 1:21:43Caleb Hammer?

  Okay, well, how many extra hours for that on a weekly basis? Be realistic.

• 1:21:45Speaker 01

  Realistic, maybe three to ten.

• 1:21:50Caleb Hammer?

  You're still working less than a normal person does. I don't have sympathy for that. I am sorry. It's called being an adult. It's really just called being an adult.

• 1:21:59Speaker 01

  I have worked.

• 1:21:59Caleb Hammer?

  Sometimes you have to make a sacrifice. Sometimes you're a little tired and you have to make a sacrifice. Also, if you meal prep just a few times a week, that's less time you have to spend cooking.

• 1:22:08Speaker 01

  I do meal prep.

• 1:22:11Caleb Hammer?

  This is not with all this Uber eating, because then we go to Big Buffalo and then we Uber eat, then we Zell out one hundred seventy. Then we Zell out two hundred and then we Uber eat, we Uber eat, Amazon. We get our nails did for a hundred sixty-seven, then we Uber eat and we Starbucks. You know, this is more than just the weekends. And golf club, golf club, Starbucks. Some snack at Target probably because it's only six bucks, definitely not groceries, Amazon. Vapes, more vapes. ATM withdrawal, who knows where the that went. Uber Eats, Breakfast Club. Bird app, Starbucks, bird app, bird app, bird app. Little scoot and we're scootin' around.

• 1:22:46Speaker 01

  It was my birthday.

• 1:22:47Caleb Hammer?

  Coco.

• 1:22:48Speaker 01

  And spent a bunch of money. Yeah.

• 1:22:52Caleb Hammer?

  It's not funny.

• 1:22:53Speaker 01

  It's not funny.

• 1:22:54Caleb Hammer?

  Happy birthday, mom. I'm paying you back.

• 1:22:58Caleb Hammer?

  I mean, the last time someone walked off the show, we uploaded that before Thanksgiving. Maybe this one's before Christmas. So if that's what happens, guys. I'm a fucking future teller. Fortune person. I'm looking for your budget thing. I might need a budget thing. I know you had a budget thing.

• 1:23:15Speaker 01

  What's a budget thing?

• 1:23:17Caleb Hammer?

  The sheet where I write the budget. I did, I felt the staples earlier. Here it is. I got it. Okay. Income, I'm gonna say two thousand two hundred fifty. I need you to set a little aside for taxes. You need to set a little aside for taxes. Your debt monthly payments, this is gonna be the crazy part. You are so lucky. Your boyfriend takes care. How is your guys' relationship? Be as honest as you can be, even if it is not good.

• 1:23:37Speaker 01

  Dreamy. I couldn't have imagined anything better.

• 1:23:40Caleb Hammer?

  Only in it for a year. Okay, but okay, good, good. Because if you're out on your own, I wouldn't even know what to do here. But thank goodness we don't have to put a rent payment in. Do you have to do utilities or internet or anything?

• 1:23:50Speaker 01

  I pitch in by paying for groceries.

• 1:23:53Caleb Hammer?

  Okay, you're paying for groceries. Grocery budget, six hundred dollars. That takes care of two people and that's meal prepping. Use the meal prep in our debt class, uh, budgeting, our budgeting class and tweak it to your needs. It's based off of H U B anyway, so you can use it for sure. T P fund, anything else you need to survive, hundred dollars, that is nails, that is whatever. Six hundred dollars for, uh, okay, gas, vroom, vroom, drive, drive?

• 1:24:16Speaker 01

  Yes, thirty every two weeks.

• 1:24:20Caleb Hammer?

  Do you know? Or are you?

• 1:24:22Speaker 01

  No, I don't know.

• 1:24:23Caleb Hammer?

  Just throwing that out?

• 1:24:23Speaker 01

  I'm guessing.

• 1:24:25Caleb Hammer?

  Oh.

• 1:24:25Speaker 01

  I would have to like keep track of it.

• 1:24:27Caleb Hammer?

  It's okay if you can have a guess if it's an educated guess.

• 1:24:30Speaker 01

  It seems educated.

• 1:24:35Caleb Hammer?

  Based on what?

• 1:24:37Speaker 01

  Based on how often I can remember filling out my gas tank and how much it costs.

• 1:24:40Caleb Hammer?

  You don't remember if you filed taxes?

• 1:24:43Speaker 01

  Yeah.

• 1:24:45Caleb Hammer?

  Kind of.

• 1:24:46Speaker 01

  I don't fill my gas tank up that often. In California, it was every week. It was like one twenty a week. And now it's like thirty bucks.

• 1:24:53Caleb Hammer?

  We didn't really know. It was hard to tell what was going in and going out. We got tolls. So I'm gonna do gas and tolls, hundred bucks.

• 1:24:59Speaker 01

  But.

• 1:25:02Caleb Hammer?

  Car insurance?

• 1:25:04Speaker 01

  Two sixty, three thirty. I don't know. It's fluctuated lately.

• 1:25:13Caleb Hammer?

  That's, I had five oh two.

• 1:25:16Speaker 01

  In one month?

• 1:25:16Caleb Hammer?

  Yeah.

• 1:25:17Speaker 01

  No.

• 1:25:17Caleb Hammer?

  Right, Jake? Okay, it hit your account twice, but maybe this is, you know, we're seeing it within two payment periods. I'm gonna say two fifty.

• 1:25:26Speaker 01

  Yeah, that sounds right.

• 1:25:28Caleb Hammer?

  Okay.

• 1:25:30Caleb Hammer?

  And you don't contribute anything to the house in terms of the internet? Okay, good, good, good, good, good, good, good. Medical, healthcare, anything ongoing there, you'll need it a lot if you keep vaping, but.

• 1:25:37Speaker 01

  Seventeen a month for V S P.

• 1:25:42Caleb Hammer?

  Okay.

• 1:25:42Speaker 01

  That's I's.

• 1:25:45Caleb Hammer?

  And you pay that out of pocket, seventy?

• 1:25:46Speaker 01

  Yes.

• 1:25:47Caleb Hammer?

  What do you do for health insurance?

• 1:25:49Speaker 01

  Nothing.

• 1:25:50Caleb Hammer?

  You don't have health insurance?

• 1:25:51Speaker 01

  No.

• 1:25:51Caleb Hammer?

  You are gonna go get the most basic minimum plan so that if you have a huge medical emergency, you don't go bankrupt at the very least, okay? You don't owe hundreds of thousands of dollars. You're gonna do three hundred dollars a month for that. Life's expensive and you're just not doing it. That's the thing. This is why you have so many IOUs. No subscriptions. Do you have any pets?

• 1:26:14Speaker 01

  Technically, actually I do have a subscription. I forgot about it. I think it's thirty five a month for the cat food. Through Amazon.

• 1:26:20Caleb Hammer?

  So you have cat? So thirty five bucks a month for cat food?

• 1:26:24Speaker 01

  Yep.

• 1:26:24Caleb Hammer?

  Well, I'll put that in the food area.

• 1:26:26Speaker 01

  Okay.

• 1:26:27Caleb Hammer?

  You have pet insurance?

• 1:26:28Speaker 01

  No.

• 1:26:29Caleb Hammer?

  Get pet insurance. I don't know how you would be able to save its life. If you can't afford pet insurance, you probably can't afford a pet. Thirty five bucks.

• 1:26:37Speaker 01

  This is my boyfriend's cat and I moved in and now like, I mean, obviously love him. He's my cat too.

• 1:26:43Caleb Hammer?

  Why are you paying for the food?

• 1:26:44Speaker 01

  Um, well, when my boyfriend was gone in Korea, I just took it over and then I.

• 1:26:49Caleb Hammer?

  How long was he gone?

• 1:26:50Speaker 01

  Nine months. And then I thought I.

• 1:26:52Caleb Hammer?

  You guys have been together for a year, but he was gone for nine months? No wonder you guys are so happy.

• 1:26:56Speaker 01

  A little more than a year.

• 1:26:58Caleb Hammer?

  But he's been gone all of it.

• 1:27:00Speaker 01

  He was gone for a good amount.

• 1:27:01Caleb Hammer?

  Hey, see if he can take care of the pet insurance. If it's his cat, he should.

• 1:27:05Speaker 01

  Yeah.

• 1:27:06Caleb Hammer?

  Thirty five bucks a month. Tell him to get pet insurance. Anything else that needs to be in your budget that is not there?

• 1:27:10Speaker 01

  I pay a hundred and seventy dollars a month to my mom. Um.

• 1:27:15Caleb Hammer?

  For your debts?

• 1:27:16Speaker 01

  For my phone bill and then paying off tires for a Jeep.

• 1:27:21Caleb Hammer?

  Okay, one seventy five for phone and Jeep.

• 1:27:23Speaker 01

  Yeah.

• 1:27:24Caleb Hammer?

  You're close. Ah, there it is. That pushed us over. Yeah, you don't make enough money. Yep, two thousand five hundred sixty one, just for you to survive and you're not even paying for a roof over your head. No wonder your credit card's gone a couple of months ago from nine thousand to thirteen thousand. And this is how it goes. No wonder your IOU list is gone. So we're encountering two issues here. Your direction from here is on two issues. One, no more using credit cards. If you're gonna use a card again, you need to use like a Fizz card, which is a debit card, but builds credit. But you just can't spend more than in your debit. Fizz card. Well, it's called Fizz. The company's called Fizz.

• 1:27:55Speaker 01

  Okay.

• 1:27:56Caleb Hammer?

  We can get you connected, but you can't use credit cards. You're not a credit card person. You're only building them up. I'd close the accounts. I know it hurts your credit, but I'd close your account. Close, close it.

• 1:28:04Speaker 01

  No.

• 1:28:05Caleb Hammer?

  Yes.

• 1:28:05Speaker 01

  Close the Discover.

• 1:28:06Caleb Hammer?

  Close it. You can't be trusted. You're just hurting it. You're, you're underwater by two hundred fifty dollars a month. So there's a few things you need to do, you know, shut down the credit cards, so you don't have access to it. You need to build the budget, go through the budgeting class. This is the makeshift budget. I hope this budget works, but it could be awful little. You have to go through your stuff in detail and figure out what your monthly budget is and do it on a monthly basis and figure out what you need to do. You need to control your spending. There is no BS spending. You don't have access to it. Now, you either need to go get a second job, or you need to get those hours up at nanny, R Us. You know, you gotta, and you need, you need minimum an extra thousand hours a month. And even if you do, this is still,

• 1:28:47Caleb Hammer?

  not the student loans, but the credit card, fucking, extra thousand hours a month. Mom, car, discover is still like a four or five year process. So you need to go double your income. You know, you need to go from twenty five thousand hours a year to fifty.

• 1:29:03Speaker 01

  I will be moving to California next year, April.

• 1:29:06Caleb Hammer?

  That's gonna make it probably worse. Cost of living is higher. And you have to go find a job that makes up for it. Like, why?

• 1:29:13Speaker 01

  Well, we wanna start a family and our families are there. We're from there.

• 1:29:18Caleb Hammer?

  Why are you here?

• 1:29:19Speaker 01

  My boyfriend stationed here.

• 1:29:21Caleb Hammer?

  He's in the military?

• 1:29:23Speaker 01

  For now.

• 1:29:24Caleb Hammer?

  That makes sense. I would say, why would anyone be in clean? Okay.

• 1:29:29Caleb Hammer?

  That makes sense. Well, wherever you go, you need to make that budget work, but until you move, you need to go make as much money as possible, doing side hustles, dropping fries in the fryer. You know, you need to do whatever you can. If you bring in an extra two thousand dollars a month in net, which is almost doubling your income, it still takes almost three years to pay off this debt. Without you having one single cent of fun, a paid fun. You go out to eat, you do all that, your boyfriend's paying for it. It's as simple as that. You cannot do him and you need to inform him of the situation. Maybe we'll call him too. Does he know your situation?

• 1:30:02Speaker 01

  Yeah.

• 1:30:03Caleb Hammer?

  Dude, well, you didn't know your situation, so he knows your, your situation from your perspective.

• 1:30:09Speaker 01

  Yeah, that I have like one set of credit cards that I've closed with a company and then one open in the mountains.

• 1:30:15Caleb Hammer?

  Okay, I, I think we have a lot of phone calls to make in the post show. Make sure to join our YouTube membership, guys. It really helps support the channel. Join Hammer Elite for the best value of your dollars. A lot of extra shows and stuff we do back there. Uh, but let's get your hammer financial score, spending and a budget. I don't even know if you overspend or underspend. Uh, spending three thousand, income, you actually, you had a better month than you suggest. I get a lot of Venmos in, but are they all through the pay or are you getting Venmos from friends or what? Yeah, Venmo is all we had. Well, if you make two thousand five hundred and the rest was who knows, you spent three thousand seven hundred. I, I don't know the nose spending a budget, you would be technically over zero on it then. Why did you have a better month?

• 1:30:56Speaker 01

  I don't understand. I don't, I don't get Venmo payments. Are you sure they're not Apple Pay in the wallet?

• 1:31:01Caleb Hammer?

  Sure, we can call it that. Was that it Jake? Did you?

• 1:31:06Caleb Hammer?

  Yeah, maybe been Apple Pay.

• 1:31:07Speaker 01

  Okay, well, that's how I get paid.

• 1:31:09Caleb Hammer?

  Well, did, why'd you make more than you say you made?

• 1:31:12Speaker 01

  Well, because I gave you like a rough estimate.

• 1:31:15Caleb Hammer?

  But it was almost double.

• 1:31:16Speaker 01

  Sometimes I work forty hour weeks.

• 1:31:17Caleb Hammer?

  You need to work forty hours a week. If you do that, we can pay off this debt.

• 1:31:21Speaker 01

  Yeah, sometimes I do work forty.

• 1:31:22Caleb Hammer?

  Okay, well, spending in the budget according to the income that came in, not setting any money aside. You did okay, should be going towards the debt three out of ten, but sometimes if you had a little month, it would be bad. And I know your debt's only going up, so usually it is bad. Debt with all the IOU is gonna bring it down. You don't have any collections or, well, you haven't paid IR. Yeah, you have IRS that you just don't know it. Zero out of ten. Emergency fund, no savings, zero out of ten. There's no retirement, zero out of ten, real estate, nothing, zero out of ten. It's gonna be a round up to be generous.

• 1:31:51Speaker 01

  What is it that you're doing?

• 1:31:53Caleb Hammer?

  Hammer financial score, you said five out of ten. It's rounded up to a one out of ten. Make sure to join us in the post show. We have a lot of phone calls to make to people in her life and get their thoughts and perspectives on this. This is gonna be insane. And make sure to check out all our education bundled together for fifteen percent off. I'll see you guys in the post show. I wanna call your sister.

• 1:32:16Speaker 01

  I just phone call her.

• 1:32:17Caleb Hammer?

  You just phone call her.

• 1:32:21Caleb Hammer?

  Hello?

• 1:32:22Speaker 02

  Yo, you good?

• 1:32:22Caleb Hammer?

  She's sending you money. Now she says she has to send you money.

• 1:32:25Speaker 02

  That's her own tally, but yeah.

• 1:32:27Caleb Hammer?

  She owes seventeen thousand dollars to your mom.

• 1:32:31Speaker 02

  Oh, what?

• 1:32:32Caleb Hammer?

  To watch the financial audit post show, click the join button below.