Psycho Tried To Manipulate Me | 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. How do you not know that went from fifteen to thirty thousand hours? How do you know that's not double? And you see there, and you're sitting there, and you're looking at thirty thousand hours, and you thought it was thirty thousand hours the whole time? You didn't think that doubled? You didn't know what your balance was when you first got it? What do you mean? How'd you not know it was doubled? It's a double the number!

• 0:18Speaker 01

  Hi, I'm Holly. I'm twenty-six years old. I live in Austin, Texas, and this is the Financial Audit.

• 0:24Caleb Hammer?

  The Financial Audit. What do you do here in Austin for a living?

• 0:28Speaker 01

  Oh, I'm an admin. I'm op support. So, not really secretarial duties, more like background.

• 0:35Caleb Hammer?

  That's so broad. But, okay, what do you?

• 0:37Speaker 01

  I work for a staffing agency.

• 0:39Caleb Hammer?

  Okay, what do you make? You guys always spam my emails. It's crazy. What do you make?

• 0:43Speaker 01

  Um, I make about forty-eight, forty-nine a year.

• 0:46Caleb Hammer?

  How do you feel living on Austin in that? Is it a single household income?

• 0:49Speaker 01

  Mm-hmm, yeah, single household. Um, I, I mean, it doesn't feel great, but that's, I think, mostly due to my student loans. I think I would be doing a lot better in life if I did not have student loans, so.

• 0:59Caleb Hammer?

  Really?

• 1:00Speaker 01

  Yeah, oh yeah. I didn't graduate, so I can't consolidate them. So, uh, the payments were about six hundred dollars.

• 1:07Caleb Hammer?

  What do you mean you can't consolidate them? If you went to a private institution, they would probably allow you to consolidate them. No, if you go to a private, a private bank.

• 1:15Speaker 01

  Oh!

• 1:16Caleb Hammer?

  Not that that would be good anyway, because you lose forgiveness protections and different things like that, but

• 1:22Speaker 01

  Oh, okay.

• 1:22Caleb Hammer?

  Not that you can't consolidate them, but you're talking potentially within the institution you're a part of for your federal loans, right? The management company?

• 1:31Speaker 01

  No, no, not the federal, the private. The private loans.

• 1:33Caleb Hammer?

  The private loans?

• 1:35Speaker 01

  I'll, yeah, I'll be honest, I don't even know what's going on.

• 1:37Caleb Hammer?

  Well, consolidation, I mean, you could... Private student loans?

• 1:41Speaker 01

  Mm-hmm, through Discover.

• 1:43Caleb Hammer?

  Did you even send a statement for it? Did I get that?

• 1:45Speaker 01

  Yeah, I sent in a statement.

• 1:46Caleb Hammer?

  I thought I saw federal student loans. Um...

• 1:49Speaker 01

  I sent in my Discover statements for one of them. It's that first one. It's that Firstmark. Discover sold it to Firstmark.

• 1:55Caleb Hammer?

  This one?

• 1:55Speaker 01

  Like last...

• 1:56Caleb Hammer?

  Oh, I thought this was a car, because it's so substantial.

• 1:59Speaker 01

  No, no, I don't own a car. I drive my brother's.

• 2:04Caleb Hammer?

  Your brother, do you live with your brother?

• 2:06Speaker 01

  No, I don't. I used to. So when I moved here, I lived with my brother on his couch for like six months.

• 2:11Caleb Hammer?

  Why don't you, well, okay, I'm not saying sleep on his couch, but you live alone?

• 2:16Speaker 01

  I do. Yeah, I live in, I live in a really small studio.

• 2:17Caleb Hammer?

  You can't live because of the, what's your rent?

• 2:21Speaker 01

  Uh, I think it's ten eighty with uh.

• 2:24Caleb Hammer?

  Why don't you get a roommate?

• 2:25Speaker 01

  So I had a roommate at my last place and it was like the worst experience of my entire life.

• 2:29Caleb Hammer?

  Cool, get a better roommate.

• 2:30Speaker 01

  So I, I mean, I agree. I just, I don't know anyone to live with.

• 2:34Caleb Hammer?

  You know your brother?

• 2:35Speaker 01

  I do know my brother, but he has a girlfriend and they, yeah, he has a girlfriend. They live together. They both work remotely, so they live in like a three bedroom house.

• 2:41Caleb Hammer?

  Yeah, well, okay. I don't know what those two correlations are, but. Okay, I mean, that's not the most outrageous, and I know you actually live in a good area relatively, you know, close to town, so.

• 2:55Speaker 01

  Well, I'm in smart housing.

• 2:56Caleb Hammer?

  And not outrageous, huh?

• 2:57Speaker 01

  I'm in smart housing.

• 2:59Caleb Hammer?

  Oh, I thought, I, I heard you say that. I thought you said small housing.

• 3:04Speaker 01

  Oh, yeah, no, no, I'm in smart. That's how I was able to do it.

• 3:06Caleb Hammer?

  It's like local subsidized.

• 3:08Speaker 01

  Mm-hmm, yeah.

• 3:10Caleb Hammer?

  So you went to school, borrowed a ton of money for it. Where were, where'd you go to school?

• 3:14Speaker 01

  Virginia Tech.

• 3:15Caleb Hammer?

  Where'd you, what state were you in before that?

• 3:17Speaker 01

  Connecticut.

• 3:17Caleb Hammer?

  So you went out of tech, out of state?

• 3:19Speaker 01

  Out of state, but I had, I had quite a lot of um, like different financial aids and things, uh, Pell Grant, all of that different type of stuff.

• 3:27Caleb Hammer?

  If you're gonna get aids, it's not the worst kind, so.

• 3:30Speaker 01

  Um, so my tuition was roughly like anywhere from four to eight a semester. So most of that came from like cost of living, like my, uh, you know, having to pay for my apartment and like books and things like that.

• 3:40Caleb Hammer?

  You didn't work a part-time job throughout to at least help subsidize?

• 3:42Speaker 01

  But it was Virginia, so my pay was seven twenty-five an hour. So like.

• 3:47Caleb Hammer?

  Well, hold on, when? When was this? When was school? Because even.

• 3:49Speaker 01

  Twenty sixteen.

• 3:50Caleb Hammer?

  Austin, twenty sixteen?

• 3:53Speaker 01

  Mm-hmm, that's when I started.

• 3:54Caleb Hammer?

  Yeah, that makes, that makes sense, cuz, yeah, a lot of minimum wage jobs were actually paying like minimum wage in that time, cuz if this was like twenty, anywhere from twenty twenty plus, nowhere pays minimum wage unless you're like in a really rural, rural, rural area where there's not a lot of workplace competition, like extremely unique circumstances, cuz you live in pretty much any city now. In Austin, you know, the minimum wage is seven, whatever it is. Uh, but the real minimum wage in Austin's like sixteen, seventeen, eighteen. Yeah, I found eighteen bucks to be the median entry level lowest wage job in Austin.

• 4:30Speaker 01

  Okay.

• 4:30Caleb Hammer?

  When we researched the area.

• 4:33Speaker 01

  That's a lot better than, yeah, Virginia was not.

• 4:35Caleb Hammer?

  Yes, well, hits your account on a monthly basis. Well, it was a different time.

• 4:38Speaker 01

  Um, so, I mean, rent hits, right? Um, what?

• 4:42Caleb Hammer?

  Income.

• 4:43Speaker 01

  Oh, just my, just my job.

• 4:46Caleb Hammer?

  Number.

• 4:47Speaker 01

  Oh, I don't know. Um.

• 4:52Speaker 01

  Roughly fifteen hundred, uh, every two weeks.

• 4:55Caleb Hammer?

  Okay.

• 4:56Speaker 01

  So, uh, about thirty grand a month.

• 4:58Caleb Hammer?

  And that's where I had hit. I had three thousand forty.

• 5:01Speaker 01

  Okay, yeah.

• 5:02Caleb Hammer?

  Good. So it's not about right?

• 5:04Speaker 01

  Yes, yeah, that sounds about right.

• 5:05Caleb Hammer?

  How much did you spend?

• 5:06Speaker 01

  Roughly that amount.

• 5:08Caleb Hammer?

  You spent that amount?

• 5:09Speaker 01

  Yep, yep. I meant every single month with no money.

• 5:13Caleb Hammer?

  It's better than those who spend more than they make, but.

• 5:16Speaker 01

  Well, if you notice, those are refinanced loans. So once, uh, that ends in January, I will be over.

• 5:22Caleb Hammer?

  Huh?

• 5:23Speaker 01

  So that's.

• 5:23Caleb Hammer?

  You'll be over what?

• 5:24Speaker 01

  Like the amount that I make. Like my amount that I need to pay every month will be over.

• 5:31Caleb Hammer?

  Huh?

• 5:32Speaker 01

  So those.

• 5:33Caleb Hammer?

  What are you saying?

• 5:33Speaker 01

  I refinanced my student loans. So the payments are like way lower than they will be in January.

• 5:40Caleb Hammer?

  Why will be? That has nothing to do with refinancing. Refinancing, you didn't lock them in.

• 5:45Speaker 01

  It was a short term thing.

• 5:46Caleb Hammer?

  No, you got, you, you, oh, you talked to them and you said, like, I can't afford this and like.

• 5:50Speaker 01

  Mm hmm.

• 5:50Caleb Hammer?

  That, that's, that's not refinancing. Refinancing doesn't mean all of a sudden your loan's gonna get, you could refinance anything, but if you get it locked in, like, you have like a variable thing here. Or no, no, you have a payment that's gonna go up. You're in some special program with the bank. You talk to them, you're like, I'll pull with me. And they said, okay, let me help you for a few months.

• 6:08Speaker 01

  Yeah, I guess it's not refinancing then. Whatever, yeah, whatever I did.

• 6:12Caleb Hammer?

  So you, this wasn't refinanced?

• 6:14Speaker 01

  I don't.

• 6:15Caleb Hammer?

  Was this with a different bank?

• 6:17Speaker 01

  No, this is with Discover. I called Discover.

• 6:19Caleb Hammer?

  You just talked to them?

• 6:20Speaker 01

  Yes, and they gave me like a six month, like, thing.

• 6:23Caleb Hammer?

  Okay, and they might do it again, if you ask. Not that I necessarily want you to do that, cuz really, the interest rate doesn't change typically during that, so it just really accumulates a ton of interest. And really, you long term.

• 6:37Speaker 01

  Yeah, yeah, it's actually.

• 6:38Caleb Hammer?

  With your rent! Why can't you, you're past, yeah, you're past two. With your rent isn't, your rent's a third of your income. That kind of sucks, but your rent for Austin isn't actually that bad.

• 6:50Speaker 01

  No, no.

• 6:51Caleb Hammer?

  So, so, so why are we possibly do, past to a hundred dollars? Cause I know for a fact you could make a hundred dollars.

• 7:00Speaker 01

  I didn't even know I was past a hundred.

• 7:01Caleb Hammer?

  Oh, for, like, why? Why? Is it not automatic?

• 7:04Speaker 01

  Payments. I was set up.

• 7:05Caleb Hammer?

  Then you didn't have money in your checking accounts or something. Must have bounced.

• 7:09Speaker 01

  Yeah.

• 7:10Caleb Hammer?

  Oh, that's fair.

• 7:11Speaker 01

  Yeah, I know that might have happened.

• 7:13Caleb Hammer?

  Why would that happen?

• 7:14Speaker 01

  Because I run out of money.

• 7:16Caleb Hammer?

  Why? Because your rent is a third. No, you, what?

• 7:19Speaker 01

  I don't, like, I don't know where it all goes.

• 7:21Caleb Hammer?

  You don't track it all. You don't even look at this last month?

• 7:24Speaker 01

  I do, but like, I, I don't.

• 7:26Caleb Hammer?

  What? If you looked, then you would know. What the are you talking about?

• 7:28Speaker 01

  Like, I, okay, so I take a look at it and I'm like, this is the amount of money.

• 7:32Caleb Hammer?

  I look, I just don't read. Is that what we're saying?

• 7:34Speaker 01

  Bills that I have and then by the end of the two weeks, I like pretty much all the money in my bank account is gone. That's how it feels, at least.

• 7:44Caleb Hammer?

  Feels? I don't give a about feels. What does the math say?

• 7:47Speaker 01

  The math says that I.

• 7:49Caleb Hammer?

  You don't have a car payment.

• 7:51Speaker 01

  I don't, and I don't pay insurance and like my brother covers all that.

• 7:55Caleb Hammer?

  Your student loans are two hundred twenty, which is not insignificant, but again, for your income and where your rent is, you have enough money to cover it.

• 8:01Speaker 01

  Yeah, I'll pay that off. I didn't know that it was like that.

• 8:04Caleb Hammer?

  But it did because, because, because you didn't have enough money in your checking account.

• 8:08Speaker 01

  Yeah, that's fair.

• 8:09Caleb Hammer?

  And if we don't have enough money in our checking account, we're already, if any bill hits.

• 8:15Speaker 01

  I know.

• 8:16Caleb Hammer?

  Energy, rent, whatever it be, go into the grocery store to get some food.

• 8:21Speaker 01

  I know, it's bad, but I tried to like, I tried to do my best, right? Like I went on a bachelorette trip, uh, like a couple of weeks ago. No, no, no, no, hear me out, hear me out.

• 8:30Caleb Hammer?

  I'm hearing.

• 8:31Speaker 01

  Right? So I went on this bachelorette trip. She called off the wedding. So like I, how am I supposed to tell her no? Two of her other bridesmaids said no. How am I supposed to back out at this point?

• 8:41Caleb Hammer?

  So I took the security deposit for my old. If, if they said no, why didn't the, the, the, uh?

• 8:48Speaker 01

  The girl called like unbook it or whatever?

• 8:50Caleb Hammer?

  Why didn't they re what's the person called? Not a groomsman, what a bridesmaid? No, what's the primary one called?

• 8:56Speaker 01

  Bride.

• 8:58Caleb Hammer?

  No.

• 8:59Speaker 01

  The Bachelorette?

• 9:00Caleb Hammer?

  Oh, wait, no, I have it wrong. This is the person, the person, the the number one in command, the one planning the party. You know, her best friend typically?

• 9:10Speaker 01

  Typically, but she did not.

• 9:12Caleb Hammer?

  Oh, she did herself?

• 9:13Speaker 01

  She planned everything herself.

• 9:14Caleb Hammer?

  Couldn't if two of the people in the party couldn't go, why didn't she just restructure so she could get everyone around her?

• 9:20Speaker 01

  It would have been nice to do that. I think because she had like just called off her wedding, she really needed to get out of.

• 9:26Caleb Hammer?

  Whoa, whoa, whoa, whoa.

• 9:27Speaker 01

  Yeah.

• 9:28Caleb Hammer?

  Did I miss that?

• 9:28Speaker 01

  I think you missed that. Yeah. So it was a bachelorette and then like a month before the bachelorette, it became just a girl's trip. Because she called off her wedding.

• 9:35Caleb Hammer?

  Well, now it's dumb.

• 9:37Speaker 01

  So.

• 9:38Caleb Hammer?

  Now it's beyond dumb.

• 9:39Speaker 01

  No, because everything was already booked.

• 9:41Caleb Hammer?

  How much did you spend?

• 9:42Speaker 01

  Four hundred.

• 9:43Caleb Hammer?

  That's dumb.

• 9:44Speaker 01

  From the security deposit.

• 9:46Caleb Hammer?

  Even that crazy. And again, you probably you probably could have afforded it and we probably could have made it work. But again, if we have zero dollars in our checking account, we can't pay our bills, we're not spending four hundred dollars on some little girl's trip. Where'd you guys go? What did you do? What was it?

• 9:57Speaker 01

  We drove to Orlando. Her parents paid for five nights in Orlando at a resort.

• 10:02Caleb Hammer?

  Parents were already paying for it.

• 10:04Speaker 01

  For that part.

• 10:04Caleb Hammer?

  So what was your four hundred part?

• 10:06Speaker 01

  It was for gas to get there. We stopped in New Orleans.

• 10:08Caleb Hammer?

  How many people?

• 10:09Speaker 01

  It was just me and her.

• 10:10Caleb Hammer?

  Oh, that's not a gross. This is like.

• 10:12Speaker 01

  And well, and another girl, but she flew because she was pregnant, so she didn't want to like do the whole. The whole like it was like a sixteen hour drive there and back.

• 10:20Caleb Hammer?

  If it was four hundred dollars just for that, I think you could have flown there and back.

• 10:23Speaker 01

  But that it was for gas, all the food that we paid for, multiple hotels.

• 10:27Caleb Hammer?

  While you were there?

• 10:28Speaker 01

  Yeah, it was that.

• 10:28Caleb Hammer?

  Wait, I thought you said they paid. Okay, they didn't pay for lodging?

• 10:31Speaker 01

  Orlando, but we drove there. So we stopped in New Orleans.

• 10:34Caleb Hammer?

  Did you guys stop? What?

• 10:36Speaker 01

  Stopped in Alabama to see one of the girls that couldn't go on the trip. And then on the way back, we stopped in Gulfport, Mississippi.

• 10:42Caleb Hammer?

  Yeah, so it would have been better to fly probably.

• 10:44Speaker 01

  But at that like.

• 10:46Caleb Hammer?

  At that price.

• 10:47Speaker 01

  I mean, yeah, but I guess like at that point, like we had already planned to do that and like book the hotel. So we weren't gonna like switch it around.

• 10:53Caleb Hammer?

  How about planning to pay your bills?

• 10:54Speaker 01

  I know, but like it it it in my mind, it called out because I used the security deposit from my old place for it. So like in my mind, I didn't actually spend money on it. It was girl math.

• 11:06Caleb Hammer?

  Just stop with this. You gotta stop that. I understand. Listen, you're not trying to justify what you're doing. Now you're trying to say it was gor- girl math. So it was like it's past dumb. So I'm not gonna murder you for that, but just shut up with that. Going forward, don't use that in your life. It's stupid. Just stop. Okay. But I wanna focus on the security. You used the security deposit that you got back?

• 11:31Caleb Hammer?

  How'd you pay for the security deposit in your current place? Cause usually you just move it over. Your brother paid for it.

• 11:36Speaker 01

  So yeah, so my brother paid for my movers and for um.

• 11:39Caleb Hammer?

  The nice brother apparently.

• 11:41Speaker 01

  Yeah.

• 11:41Caleb Hammer?

  Do you owe him?

• 11:42Speaker 01

  No, he is one caveat to giving me money because I lost my job in December.

• 11:48Caleb Hammer?

  What was your job? Here in Austin?

• 11:50Speaker 01

  Yes.

• 11:50Caleb Hammer?

  How long have you been in Austin? Are you from Austin?

• 11:52Speaker 01

  I've been here for two years. I got a job uh before I moved here. I moved here for that job.

• 11:57Caleb Hammer?

  What was it?

• 11:58Speaker 01

  It was an executive assistant position.

• 12:00Caleb Hammer?

  Why'd you lose it?

• 12:01Speaker 01

  Uh I could not work there anymore. It was not going to be a good situation for me anymore. So I just, I could not keep doing it. He was trying to make me add even more people's work on top of my workload. And it was just, it was going to be impossible. So that changed a lot of my financial situation. Cause like.

• 12:20Caleb Hammer?

  Well, you quit. You weren't let go.

• 12:22Speaker 01

  Well, I I made them, I made them fire me because I was like, I'm fine with staying here in my current capacity. But if you're gonna ask me to do all these other things, no, I'm not doing that.

• 12:31Caleb Hammer?

  Okay, well, that's fair enough to fire you. If an employee says, no, they're not gonna do the work, even if it's more work. Yeah, that's fair to fire you.

• 12:38Speaker 01

  Yeah, that's what I thought too. So you know, I I was like, you know, I think mutually, this is just not beneficial for either of us anymore.

• 12:44Caleb Hammer?

  But but but but you were done with the job. That's also fair for you to quit if you don't like a job.

• 12:49Speaker 01

  Mm-hmm.

• 12:49Caleb Hammer?

  However, in that situation, I would say, let's make sure something's lined up first.

• 12:54Speaker 01

  See.

• 12:54Caleb Hammer?

  Cause did you end up getting financially from that?

• 12:57Speaker 01

  Oh, absolutely.

• 12:58Caleb Hammer?

  Okay, then what?

• 12:59Speaker 01

  So.

• 13:00Caleb Hammer?

  Then why not do it the adult way? Have something lined up? What do you? What?

• 13:04Speaker 01

  I I so I didn't have anything lined up because I wasn't expecting it to happen, right? Like, I wasn't expecting to stop working there. This was like two days after my birthday. I'd just gotten like a $5,000 bonus. Like, I had just like, things were going really well, and he just hit me out of nowhere. I personally think.

• 13:22Caleb Hammer?

  You mean, you were asking to get fired?

• 13:25Speaker 01

  Right. Okay, it was a pip that had come through.

• 13:27Caleb Hammer?

  A pip?

• 13:28Speaker 01

  Yeah, a performance improvement plan.

• 13:31Caleb Hammer?

  Oh.

• 13:31Speaker 01

  Where essentially my improvement was going to be managing another person. To make sure that they were doing their job. Yes, it makes no sense. I told them multiple times. It made no sense. Not the type of person to back down, so I it was not a good situation. I was renting from him. Um, he bought me a car. He bought me this purse that I have right here. Um, so like, it was just, it was not a good situation.

• 13:55Caleb Hammer?

  You know, I have to ask, was it like?

• 13:57Speaker 01

  No, no, no, no, no.

• 13:58Caleb Hammer?

  Okay, cuz with the gift and the this and the that and like.

• 14:01Speaker 01

  I know, I know.

• 14:03Caleb Hammer?

  So why were you fired? Was it ever officially disclosed?

• 14:07Speaker 01

  Oh, oh, yeah, they gave me a termination letter.

• 14:09Caleb Hammer?

  What was? Why were you fired?

• 14:11Speaker 01

  For refusing to take on extra work, uh, insubordination for refusing to take on extra work.

• 14:17Caleb Hammer?

  Okay, fair enough. Why did you do it the adult way and just go get another job and then quit?

• 14:23Speaker 01

  There's I had no time in the day. I was working sixty at minimum hours a week. Like, it was insane. Like, I had no time. And on top of like my medical problems, like when I would come home at the end of the day, all I'm doing is crashing and then waking up.

• 14:37Caleb Hammer?

  Yeah, you had a hundred eight hours left in the week, so.

• 14:40Speaker 01

  Are we subtracting sleeping from that? Right? And eating and like taking care of muscle, right?

• 14:48Caleb Hammer?

  Well, okay, what's taking care of yourself cuz I obviously.

• 14:50Speaker 01

  Showering, getting dressed.

• 14:51Caleb Hammer?

  Showering is good, you can do it in two seconds.

• 14:52Speaker 01

  No, because part of my job is being an executive assistant. I have to be extremely presentable because that is the type of person that he is, okay? Like, there are hundred thousand dollar cars in my garage at this point, like. It he part like, his whole idea was that you had to be, th- this was my one year gift.

• 15:09Caleb Hammer?

  Lindsay, if you if you're if you're trying to look absolutely incredible, incredible, incredible, but you rushed it, how long would it take?

• 15:17Speaker 02

  Blow dry my hair, everything, it's like two hours.

• 15:20Speaker 01

  Oh, see, I don't blow dry.

• 15:22Caleb Hammer?

  Quickest?

• 15:22Speaker 02

  If I could blow my hair out, absolutely.

• 15:24Speaker 01

  I'm a lot faster than that. It's like thirty, thirty minutes to an hour, depending on what I'm doing. Like, I went to this private Ferrari party that was like the kickoff for the F1. That took me like an hour and a half to get ready for it, but that's because that's like a huge thing.

• 15:35Caleb Hammer?

  Stop it. You would you, hold on. Okay, I mean.

• 15:42Caleb Hammer?

  Okay, mine is eight hours of sleep. So seven, there's still seven hours left in a day. Because the sixty hours was spread across seven days, right?

• 15:50Speaker 01

  No.

• 15:51Caleb Hammer?

  Then, then, then it's extra stupid. Then you have the weekend to apply for jobs.

• 15:55Speaker 01

  We worked on the weekend.

• 15:56Caleb Hammer?

  Oh, that's, see, I just, that's what I was saying. If it was sixty spread across seven days, then you have seven hours a day left after eight hours of sleep. It's calling an hour to get ready. Wonderful. Let's call it an hour for total foods because you're meal prepping. Five and a half hours. You still have left to apply. Cool. You need an hour to relax. Wonderful. You still have four and a half hours to apply for jobs.

• 16:18Speaker 01

  Well, I mean, I didn't. I don't, I don't know what to say.

• 16:21Caleb Hammer?

  Well, no, and that's the point, but you were trying to make it sound like it was out of your control.

• 16:25Speaker 01

  It felt like I.

• 16:26Caleb Hammer?

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• 17:10Caleb Hammer?

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• 17:36Caleb Hammer?

  You just weren't being an adult. Were you tired? Absolutely. Do I feel tired after a workday? Absolutely. Doesn't mean I can't do the things that would be required as an adult. If you don't like the job, you could have found another job. Equal pay? Maybe not, but just something to supplement. So you could get out of a thing that you absolutely hated, instead of getting by going into the position you got into by forcing yourself to get fired.

• 18:05Speaker 01

  Yeah, no, I think that's completely fair. I didn't think I was just in an echo chamber of like their craziness. He was like...

• 18:14Caleb Hammer?

  Why is it blame, blame, blame? Why is nothing on you?

• 18:16Speaker 01

  No, I mean, it was, it was my decision to not continue working there. He, he told me if I asked for more money, he would pay me more money to stay.

• 18:23Caleb Hammer?

  No offense, but from this conversation so far, I would have hired you to save, if I was desperate.

• 18:28Speaker 01

  Okay.

• 18:30Caleb Hammer?

  Would you from this?

• 18:32Speaker 01

  I mean, I don't, I don't know.

• 18:34Caleb Hammer?

  I don't know you outside of this, but from these 15 minutes or whatever?

• 18:37Speaker 01

  I mean, I don't know. I'm not like interviewing. I'm not like presenting my skills.

• 18:42Caleb Hammer?

  How you talk about work in your life and the deflections and the blames?

• 18:46Speaker 01

  My current job is amazing.

• 18:48Caleb Hammer?

  But the way you handled it was like a child.

• 18:50Speaker 01

  I, I'm sure that it was. It was my first time in a situation like that.

• 18:54Caleb Hammer?

  How long in between that job and your new job then?

• 18:57Speaker 01

  Three months.

• 18:58Caleb Hammer?

  Okay. Did you have any savings to?

• 19:00Speaker 01

  I had that $5,000 bonus that I had gotten.

• 19:02Caleb Hammer?

  Okay, which would have covered three months of this rent?

• 19:05Speaker 01

  That I was not living there. I was living in the domain.

• 19:08Caleb Hammer?

  It's like expensive area.

• 19:10Speaker 01

  I had to get out of.

• 19:11Caleb Hammer?

  What was your rent?

• 19:12Speaker 01

  It was 1450 before like all the amenities and stuff. So once you added all that in, it was about 1550 plus electric and internet.

• 19:20Caleb Hammer?

  Not the craziest for the domain.

• 19:21Speaker 01

  No, no.

• 19:22Caleb Hammer?

  But still obviously bad for that situation. And then your brother took care of you. You relied on your brother.

• 19:26Speaker 01

  Yes.

• 19:26Caleb Hammer?

  I'm just confused. Why today making okay money are we possibly at a point where our checking account would be at $0 and not being able to afford the minimum monthly payment on your decreased minimum monthly payment amount of your student loans?

• 19:41Speaker 01

  I'm wondering this too.

• 19:42Caleb Hammer?

  Okay.

• 19:43Speaker 01

  Like genuinely.

• 19:45Caleb Hammer?

  Well, then maybe let's get into it.

• 19:47Speaker 01

  I'm trying. I am. I reduced my spending so much. I was making, I was making sixty five thousand. I, I reduced it insane amounts because I was eating out pretty much every single meal. He was paying for my car and everything. So I didn't have all of that that was added in.

• 20:03Caleb Hammer?

  Are you eating out still?

• 20:04Speaker 01

  I do, I do still eat out.

• 20:05Caleb Hammer?

  Instead of making student loan payments?

• 20:07Speaker 01

  I am eating out quite a bit less.

• 20:09Caleb Hammer?

  Okay, how much?

• 20:10Speaker 01

  Trying to be so much better about it.

• 20:11Caleb Hammer?

  Dollar amount?

• 20:12Speaker 01

  Out, uh, dollar amount, um, maybe like twenty dollars a week, thirty?

• 20:17Caleb Hammer?

  Okay, two hundred fifty dollars was spent on going out to you. So your math is stupid math. Your math is not math. It's not math and there's no math.

• 20:26Speaker 01

  I would say one of those was because I, I think I went to dinner with a friend.

• 20:30Caleb Hammer?

  Oh, my goodness, cuz something unique happened. Almost like something unique happens every month. Just like going to Orlando last month, just like there will be something unique next month. There's always something.

• 20:41Speaker 01

  Alright, fine. So there's always something. So.

• 20:43Caleb Hammer?

  Uh huh.

• 20:44Speaker 01

  Okay, so I eat out too much and I can definitely cut that out. So I don't, I, but I, sometimes you just don't have that energy.

• 20:50Caleb Hammer?

  You say you can, but then you didn't. It's not about energies, about being a adult. You don't have the energy, but guess what? You know what helps with that? Meal prep, meal prep. My, um, uh, uh, I have a friend and coworker here. Um, he's a loser on the weekends. He refuses to leave his house. But what he does in that loser-ness, I just make fun of him constantly because he refuses to do anything on Sundays. But what does he do on Sunday? He meal preps his entire week. Every lunch, every breakfast, every dinner. And then it doesn't matter if he's lazy and tired after work cuz guess what? Meal was already done. Just gotta warm it up.

• 21:25Speaker 01

  I don't know. It was just, that's a situation that wouldn't happen again. Like I was supposed to go to a concert.

• 21:30Caleb Hammer?

  No, but there's a unique situation every month. It's not that situation would happen again. It gets replaced by something else. It always does. The Orlando from the previous and then this.

• 21:42Speaker 01

  There's always things to do.

• 21:43Caleb Hammer?

  Exactly, that's what I'm saying.

• 21:45Speaker 01

  I know, and it makes it so hard because there's always things to do.

• 21:47Caleb Hammer?

  Hard, hard.

• 21:48Speaker 01

  And so I do them.

• 21:50Caleb Hammer?

  I get that. Okay, you sound delusional. You take the hard things, hard things always come up in life. Choices come up in life and the adult decides what's more important. Me being able to make a literal minimum monthly bill. Or getting dinner with a friend. And why does dinner with a friend have to equal hundreds of dollars? So what do you?

• 22:11Speaker 01

  I mean, that dinner wasn't, that dinner was less than a hundred dollars.

• 22:14Caleb Hammer?

  Okay, then your math isn't mathing anymore because you said the reason why we got to that dollar amount is because you went to dinner with a friend. That was the only thing you're excusing. And then you said it was twenty dollars a week. If it was less than a hundred dollars, then you're doing twenty dollars a week eating out. We don't add to that much money being spent.

• 22:29Speaker 01

  Uh, I just.

• 22:30Caleb Hammer?

  Uh, what?

• 22:32Speaker 01

  I just, I don't know, I just.

• 22:34Caleb Hammer?

  What? You can't handle being called out?

• 22:37Speaker 01

  No, I can't be, I, I just, that's just how I, I spent my money and I don't know what to like say. It just.

• 22:44Caleb Hammer?

  I appreciate your joy through this, but it's not a silly little hee-haw, hee-haw.

• 22:49Speaker 01

  I'm not, I'm not hee-hawing. I'm not.

• 22:51Caleb Hammer?

  Uh huh.

• 22:52Speaker 01

  I'm not hee-hawing.

• 22:53Caleb Hammer?

  You thought you spent twenty dollars a week.

• 22:56Speaker 01

  I did.

• 22:56Caleb Hammer?

  I said how much you spent and you blamed it on because you went out to eat with your friend. And then I challenged that dollar amount and you say you spent less than a hundred. So things aren't making sense. You're either lying, you're either delusional or you don't know anything.

• 23:10Speaker 01

  I might be a little delusional on my eating out spending.

• 23:12Caleb Hammer?

  What about your spending on everything else?

• 23:14Speaker 01

  I think that I'm doing pretty, I try to do good on my electric. I keep it at like the same amount.

• 23:18Caleb Hammer?

  What about things that are necessities to keep you alive? How about that?

• 23:22Speaker 01

  I, I'm doing pretty good, I think.

• 23:26Caleb Hammer?

  Uh huh.

• 23:26Speaker 01

  Like, I, I have three ply toilet paper. I think that's good.

• 23:29Caleb Hammer?

  Okay, miscellaneous bull things that could be in half spending, could be anything. It could be a video game. Four hundred twenty-eight dollars spent.

• 23:41Caleb Hammer?

  So what the are you talking about?

• 23:43Speaker 01

  Okay, I do.

• 23:45Caleb Hammer?

  Oh, here it comes.

• 23:47Speaker 01

  I do partake in legally acquirable activities.

• 23:51Caleb Hammer?

  Uh huh.

• 23:52Speaker 01

  And I.

• 23:53Caleb Hammer?

  That's four hundred eighty dollars a month.

• 23:54Speaker 01

  Imagine that's where a good amount of that is coming from.

• 23:57Caleb Hammer?

  Okay.

• 23:57Speaker 01

  I don't know about all of it, but.

• 23:59Caleb Hammer?

  Congratulations. Yeah, destroy your lungs. That's up to you. But guess what? You're also destroying you. You're choosing. Green.

• 24:09Speaker 01

  I use.

• 24:09Caleb Hammer?

  That green.

• 24:10Speaker 01

  I use it as a medication.

• 24:12Caleb Hammer?

  Uh huh.

• 24:12Speaker 01

  I do use it.

• 24:13Caleb Hammer?

  By doctor.

• 24:14Speaker 01

  Use it recreationally as well in Texas.

• 24:18Caleb Hammer?

  Well, there you go. So I don't give a it's a medicine if it's not prescribed. Here's the thing. Like, okay, not legally prescribed. Okay.

• 24:25Speaker 01

  Perfectly fine for me to keep doing it.

• 24:27Caleb Hammer?

  Oh, no, no, no, no, no, that's different. Did they say it's perfectly fine? Or do they encourage you to do it?

• 24:31Speaker 01

  Yes.

• 24:32Caleb Hammer?

  Okay, that is different.

• 24:33Speaker 01

  Encouraged me to do it.

• 24:34Caleb Hammer?

  That is different.

• 24:34Speaker 01

  They would much rather me do that than be on the prescription meds.

• 24:38Caleb Hammer?

  Oh, okay. Listen, and if that's between you and them. Okay, so how much of the four hundred eighty would be from that then?

• 24:46Speaker 01

  I I would say probably.

• 24:47Caleb Hammer?

  Cause you spent more on groceries.

• 24:49Speaker 01

  Um, I would probably like three hundred of it was from stuff, right? Was it more? Was it all four?

• 24:57Caleb Hammer?

  I don't. We haven't. I will go through and we'll find out.

• 25:00Speaker 01

  I think it's I think it's like more than half of it. Yeah, I think that's accurate.

• 25:04Caleb Hammer?

  Uh huh. It's, you know, medical, that's a different thing. But you also said you do recreational. And if there's recreational and to you that that green is more important than the green that you owe the bank for the stuff you agreed to take out and sign a legal contract, then you're just being a child. Medical's different.

• 25:23Speaker 01

  Yeah.

• 25:23Caleb Hammer?

  The recreational's.

• 25:24Speaker 01

  I, yeah, it just gets, you know, sometimes you just go out and eat. I don't know.

• 25:29Caleb Hammer?

  Huh?

• 25:29Speaker 01

  Whenever you're like. You know.

• 25:32Caleb Hammer?

  No, I don't know.

• 25:33Speaker 01

  Recreational activities.

• 25:34Caleb Hammer?

  Yeah.

• 25:35Speaker 01

  Go out and eat.

• 25:36Caleb Hammer?

  Huh? What munchies?

• 25:38Speaker 01

  Yeah.

• 25:39Caleb Hammer?

  Oh, you're stupid. Okay, come on, dude.

• 25:41Speaker 01

  That's where a part of the food is probably.

• 25:43Caleb Hammer?

  Then obviously you can't control it then.

• 25:46Speaker 01

  No.

• 25:47Caleb Hammer?

  Don't be.

• 25:48Speaker 01

  Fair. No, I can't control it.

• 25:51Caleb Hammer?

  Then don't go out and eat if you get the munchies. Don't be a four year old.

• 25:57Speaker 01

  Well, they they are expensive. So what I tried to tell my. No, what I tried to tell myself was that I deleted all the delivery apps and stuff, right? Because that's all way too.

• 26:04Caleb Hammer?

  Here's a tip from our pothead in chief.

• 26:07Speaker 01

  So if you.

• 26:08Caleb Hammer?

  Here's a pro tip, he says, make dinner before you get high, then you'll have a whole meal right there.

• 26:13Speaker 01

  Right.

• 26:13Caleb Hammer?

  But of course, you only spent two hundred dollars on groceries, so probably can't do that.

• 26:18Speaker 01

  Two hundred in a month? Okay, I guess I'm getting less groceries than I thought I was, but I.

• 26:24Caleb Hammer?

  Cause you eat out constantly.

• 26:25Speaker 01

  I.

• 26:26Caleb Hammer?

  And you'd be probably too high to know.

• 26:29Speaker 01

  I personally felt like it's better to get groceries delivered than it is to like go out and eat.

• 26:35Caleb Hammer?

  Two hundred dollars in groceries, two hundred dollars in groceries, two hundred dollars in groceries, two hundred dollars in groceries.

• 26:43Speaker 01

  I'm trying.

• 26:44Caleb Hammer?

  No, you're not. You don't know what that.

• 26:46Speaker 01

  Way reduced spending.

• 26:48Caleb Hammer?

  From what?

• 26:49Speaker 01

  From before, whenever I was making crazy money like this is me like.

• 26:52Caleb Hammer?

  Oh, but that's obviously, I hey, no shit. That's what has to happen. If I get a pay cut, if I if the business doesn't do as well, I spend less money. That's a requirement. That isn't a pat pat on the back. You literally did the basic minimum. Oh, my gosh, you're really an absolute child. If you think you get a pat on the back, a hug and a sticker for that. Well, we're not in middle school. You're doing the basic adult requirement. I'm so confused.

• 27:24Speaker 01

  I guess.

• 27:25Caleb Hammer?

  Oh, my gosh, you are actually a kid. You're actually a child.

• 27:29Speaker 01

  Like the bit of, but it's just like I I am trying. I don't.

• 27:32Caleb Hammer?

  No, you're not.

• 27:34Speaker 01

  I, okay, I can.

• 27:35Caleb Hammer?

  You feel, you feel like you're trying.

• 27:38Speaker 01

  Yes, I feel.

• 27:38Caleb Hammer?

  The feeling.

• 27:39Speaker 01

  I feel like I'm trying. I feel like I could maybe try harder.

• 27:42Caleb Hammer?

  Meaning you're rewarding yourself mentally with a mental pat on the back that you're doing the basic minimums. You're calling that trying.

• 27:51Caleb Hammer?

  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. This has been a revolutionary project that we've been working on for over a year now.

• 28:32Caleb Hammer?

  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 25% 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. Listen, private student loan. It's a $30,189. The minimum monthly payment right now at 220, what is it going to go up to in 38 cents?

• 29:12Speaker 01

  Um, I was paying 600 total between the two different. There's because there's two accounts. That's.

• 29:18Caleb Hammer?

  But is the 220 for two accounts or is that just one?

• 29:22Speaker 01

  The, the 220 is for one. That's for, that's one of my accounts. I scanned, so I, they sold it.

• 29:32Speaker 01

  I have another account. Yeah.

• 29:35Speaker 01

  And, and then I have the government loans too. So all 75.

• 29:40Caleb Hammer?

  Oh, wait, no, no, no, no, no, no, that I think, wait, whoa, whoa, whoa, hold on.

• 29:45Caleb Hammer?

  Let's.

• 29:45Speaker 01

  There's another account.

• 29:49Caleb Hammer?

  No, statement totals 220. That's one.

• 29:53Speaker 01

  They just sold it to them last month. So this was my first time paying this company for that.

• 29:58Caleb Hammer?

  Okay. So that's this company. What is the interest rate on this? Do you know?

• 30:02Speaker 01

  It was before I had changed it. It was variable. So it's between nine and 11. Yeah.

• 30:08Caleb Hammer?

  Nine variable.

• 30:09Speaker 01

  I don't have a single loan under nine. Yeah.

• 30:13Speaker 01

  Yeah.

• 30:15Caleb Hammer?

  Eleven percent student loan for a degree we didn't inquire and that's fine. I also dropped out, but I don't have a eleven percent death debt for it.

• 30:25Speaker 01

  Yeah, I didn't really know like student loans and my mom went to college on like the Pell Grant and everything. So. Well, I also agreed before I got.

• 30:37Caleb Hammer?

  I was the first one to get student loans too. That doesn't mean I didn't understa- what?

• 30:42Speaker 01

  I mean, I just feel like I didn't really understand what I was going into and then on.

• 30:45Caleb Hammer?

  Okay, why didn't you understand? Do you think?

• 30:47Speaker 01

  I was waitlisted at Virginia Tech. I got off the waitlist.

• 30:50Caleb Hammer?

  Uh huh.

• 30:51Speaker 01

  For FAFSA to process everything.

• 30:53Caleb Hammer?

  Okay.

• 30:54Speaker 01

  So I agreed without knowing how much FAFSA I was gonna get.

• 30:56Caleb Hammer?

  Hmm.

• 30:57Speaker 01

  Because the original college I had agreed to go to, I was gonna do.

• 31:00Caleb Hammer?

  This is the issue with college, man.

• 31:02Speaker 01

  I know.

• 31:03Caleb Hammer?

  You see the college you want to go to. It's the dream school. You get in, then you will literally sign any piece of paper in order to be able to do, and that's what I don't like. College should be about the education that you get for the skills you're trying to achieve, uh, uh, uh, learn so that you can get the job you want to get. And become a well-rounded person. That's what colleges, it's not about the sports team. It's not about, you know, all that extra. And then you just sign this unlimited debt. And this is why, I don't know, that's why I like.

• 31:31Speaker 01

  I.

• 31:31Caleb Hammer?

  Trade schools and certifications through companies like Course Careers for tech certifications. That's what I like.

• 31:37Speaker 01

  I'm personally, I, I agree with that. I went to college. I did my biological sciences. I was published on a project. I learned that that's not what I wanted to do, everything that I thought I wanted to do.

• 31:47Caleb Hammer?

  Wait, what did you want to do and then?

• 31:48Speaker 01

  I wanted to work in a lab. I wanted to, um.

• 31:51Caleb Hammer?

  And then what did you determine?

• 31:53Speaker 01

  I determined that I did not enjoy working in a lab.

• 31:56Caleb Hammer?

  And you determined you wanted to do what instead?

• 31:58Speaker 01

  I, I didn't know. I got into a bad relationship and things kind of like went downhill.

• 32:02Caleb Hammer?

  Okay, so far you've done victim for everything so far. So tell me about this bad relationship. Let me assess if it was actually.

• 32:07Speaker 01

  I wouldn't say it's victim. I'm just saying that I was a little preoccupied doing something else. So I didn't really have time to like think about what I was going to do with my life. I had no financial control over my life. He sold my cellphone at one point, so I couldn't

• 32:19Caleb Hammer?

  Okay, that

• 32:20Speaker 01

  my mom came down in twenty twenty one month before covid lockdown and took me back up to Connecticut. And was like, this is not a good situation. My mom drove down

• 32:29Caleb Hammer?

  Tell me about this situation. Tell me about this situation.

• 32:31Speaker 01

  It was a a guy that slowly expressed a lot of control over my life.

• 32:36Caleb Hammer?

  Okay.

• 32:36Speaker 01

  Um, and

• 32:37Caleb Hammer?

  Were you not able to advocate for yourself?

• 32:39Speaker 01

  I I wanted to be independent, so I was attempting to do that, but he kept finding ways to undermine it.

• 32:47Caleb Hammer?

  How? I wanna, I I just wanna hear how, cause I wanna hear how he trumped your independence.

• 32:51Speaker 01

  Right? He wanted me to be in the state that he lived in so that I could be near him. So I tried to find

• 32:57Caleb Hammer?

  unreasonable request of a significant other.

• 33:00Speaker 01

  Definitely not an unreasonable request.

• 33:01Caleb Hammer?

  To live near me.

• 33:02Speaker 01

  So I tried to find an internship in his state. I could not find one.

• 33:07Caleb Hammer?

  What state are we talking?

• 33:08Speaker 01

  Maryland.

• 33:08Caleb Hammer?

  Okay.

• 33:09Speaker 01

  And so his response was, well, you can't go home for the summer and you can't stay here for the summer. Like you, you need to come to Maryland. Like, we have to figure this out. So.

• 33:20Caleb Hammer?

  Oh, this sounds like, okay, first of all, was that the exact thing? Cause it goes, cause again, if if we're dating, it is reasonable to say, I would like you to be with me while we're dating. That but if it's like, I put a gun to your head, you're gonna, I'm gonna like destroy you if you don't live with me. That is different. And saying, hey, we need to figure this out as a couple. You need to be with me. That inherently doesn't sound like the worst thing. So what was it?

• 33:46Speaker 01

  It doesn't sound like the worst thing.

• 33:48Caleb Hammer?

  Was it?

• 33:48Speaker 01

  He leveraged that to then get me to

• 33:52Caleb Hammer?

  Well, leverage.

• 33:52Speaker 01

  Like leveraged wanting me to be in Maryland.

• 33:55Caleb Hammer?

  Of course.

• 33:56Speaker 01

  Get me to Maryland. Once I was there, he made sure, like, things went really bad with his family.

• 34:03Caleb Hammer?

  Okay.

• 34:04Speaker 01

  And so he, like, things got kind of crazy.

• 34:08Caleb Hammer?

  What?

• 34:08Speaker 01

  So we went back down to, like, with his family. Like, he he failed a drug test.

• 34:12Caleb Hammer?

  Listen, the only, I wouldn't be digging into this as much if throughout this conversation so far, you didn't make it sound like you're a victim and everything. So I wanna, I'm

• 34:20Speaker 01

  I'm not saying

• 34:21Caleb Hammer?

  Well, so this is why I'm digging into this.

• 34:23Speaker 01

  But I'm

• 34:24Caleb Hammer?

  Exactly, and I wanted him Trying to figure out how, wh- how were you a victim?

• 34:27Speaker 01

  I didn't, because he sold my cellphone to make sure that I couldn't contact people.

• 34:32Caleb Hammer?

  Yes, which is weird.

• 34:33Speaker 01

  My friends, he was blocking my family.

• 34:35Caleb Hammer?

  Let's talk about that.

• 34:35Speaker 01

  D and D, he was cheating on me, like, do not disturb. Like, he put my sister on D and D.

• 34:40Caleb Hammer?

  So it was weird. So he kept taking your phone?

• 34:42Speaker 01

  Like, oh, yeah.

• 34:43Caleb Hammer?

  Okay.

• 34:44Speaker 01

  My family would come around, he would be like, oh, my grandma died. So I'm like in a bad spot.

• 34:49Caleb Hammer?

  Weird.

• 34:49Speaker 01

  To hang out with me. He told me his sister died.

• 34:51Caleb Hammer?

  So it's very manipulative.

• 34:52Speaker 01

  Sister.

• 34:53Caleb Hammer?

  So it's insanely manipulative.

• 34:55Speaker 01

  Manipulative.

• 34:55Caleb Hammer?

  When did you learn it started to be manipulative?

• 34:57Speaker 01

  When we had gotten back to Virginia after everything happened in Maryland. And at that point, my mom.

• 35:03Caleb Hammer?

  Oh, oh, hold on, hold on. So how long was that manipulation going on before you realized it was going on?

• 35:08Speaker 01

  Um, about six months before I found out. And then I.

• 35:11Caleb Hammer?

  Six months before you found out he was deleting contacts and blocking people?

• 35:14Speaker 01

  Yeah, and then six months before I left him after that.

• 35:16Caleb Hammer?

  Okay, why did you not break up the moment you found out?

• 35:20Speaker 01

  I personally felt like at that point, it was like the sunken cost fallacy. Like, I.

• 35:25Caleb Hammer?

  Okay, well, that's, that's on you then. That's on you. That part's on you.

• 35:29Speaker 01

  One hundred percent.

• 35:30Caleb Hammer?

  Not being able to advocate for yourself as an adult. Like, if you can't advocate for yourself, then you shouldn't be dating.

• 35:36Speaker 01

  I, no, I would, I would agree with that assessment. But, I mean, that's what I was doing. I was twenty. Like, I don't, you know.

• 35:41Caleb Hammer?

  Yes.

• 35:41Speaker 01

  Young. This was my first, like, relationship in college, you know, this is.

• 35:45Caleb Hammer?

  What he was doing, don't get me wrong, not even close to defending, what he was doing was, but when we learn that, it gotta run. And you can lean on family and you can lean on friends and your mom got you out of there. So we know you were able to. But you saying because I was in this relationship for a while, I'm gonna stick it out. That is just.

• 36:03Speaker 01

  I know. At the time, my mom and I were not on good terms and, like, things were not doing well. And, like, that was her last straw of, like, coming down and being.

• 36:10Caleb Hammer?

  So he took your phone and sold it?

• 36:12Speaker 01

  Mm-hmm.

• 36:12Caleb Hammer?

  And you just?

• 36:14Speaker 01

  No, I told him every single day. No, no, I told him every single day. I, I.

• 36:17Caleb Hammer?

  How did you get your phone?

• 36:18Speaker 01

  So, he, I, I wasn't allowed to work jobs because then.

• 36:22Caleb Hammer?

  Through him? He said you could not?

• 36:24Speaker 01

  Yes.

• 36:24Caleb Hammer?

  Okay, the moment I hear that I'm done. The moment I hear that I'm breaking up. Cause that is controlling, that is weird. And don't get me wrong, he is fucked up.

• 36:31Speaker 01

  I know, but by the time we had gotten to that, I was already financially dependent on him.

• 36:36Caleb Hammer?

  Uh-huh, uh, and.

• 36:37Speaker 01

  And my mom, like, like, I didn't. I, I, she wasn't a person that

• 36:42Caleb Hammer?

  What about your friends, about anything, did you have any support system?

• 36:44Speaker 01

  I did, but at that point, like the way that you're addressing it right now, how I'm a victim, right? That's how I think my friends are going to respond whenever I tell them all these things that he's doing.

• 36:53Caleb Hammer?

  Well, wait, why?

• 36:54Speaker 01

  Because now it's my fault that I'm staying in this and being

• 36:56Caleb Hammer?

  Well, hold on, hold on, if they're, if they're good friends who know how to listen. The only, the only reason I thought about the victim thing is because you said it multiple times. So the only reason your friends would do it is if you, uh, did the, you know, cry wolf thing constantly. Or if you came to them, and this being your first time saying, hey, here is the situation I'm dealing with. Can I crash on a couch for a little bit? And, you know, maybe score some of the groceries for a little bit. Can I do that? Unless you're calling victim constantly and they're, and then they're starting to realize, oh wait, she just calls victim a lot. Then of course they would support you. Why would they, and if they wouldn't, then they're not good friends.

• 37:31Speaker 01

  I agree. I just think it's a very difficult place to be in because

• 37:35Caleb Hammer?

  Of course, I'm not saying it's not.

• 37:36Speaker 01

  It's incredibly embarrassing to admit to all of these things that happened.

• 37:39Caleb Hammer?

  But what's more important?

• 37:40Speaker 01

  So at that

• 37:41Caleb Hammer?

  What's more important, being embarrassed or someone who's literally stealing a phone and selling it?

• 37:47Speaker 01

  I'll, I'll say at that point, like I did not think I was going to be, you know, in the world for too much longer. So it didn't really matter.

• 37:56Caleb Hammer?

  You were gonna do the S word?

• 37:58Speaker 01

  I mean, either he was going to do it to me

• 38:00Caleb Hammer?

  You thought he was going to, why'd you not go to the police?

• 38:04Speaker 01

  I just, I, like he, he didn't lay hands on me until my mom came to get me.

• 38:08Caleb Hammer?

  Oh my gosh, this is wild. I'm, listen, I'm very sorry you've been through this. The, again, the only reason I'm digging deep is because we talked about, you know, with, uh, like, and I, if you said this at the beginning, I wouldn't have dug deep at it. It's only because of the conversation we've had so far. So I'm just trying to understand it. And you are correct. That was a bad relationship. He was a f***ed up person. I'm just trying to understand then at that point, gosh, I, I want you to get away. It's okay to be embarrassed. It's okay to lean on family. It is okay to get out of that situation. And I need people out there to hear that as well.

• 38:39Speaker 01

  And I know that all now, but like he, so I wasn't allowed to work jobs, right? So I wasn't paying my rent. Um,

• 38:45Caleb Hammer?

  The fact that the, the, the, okay, I'm gonna, fine, I will say this to you. If your significant other says you cannot work, leave that relationship.

• 38:53Speaker 01

  Absolutely. If they say they're going to kill themselves if you leave.

• 38:56Caleb Hammer?

  Oh my

• 38:57Speaker 01

  Do it, okay? Leave them. That is their decision. That is not okay.

• 39:02Caleb Hammer?

  Okay, let's move on then, cuz that.

• 39:04Speaker 01

  But so he, we, he ended up, we, we sold a lot of my clothes and things to get money and um different things like that. So then in twenty twenty, I basically like had to rebuild everything that I owned, had to pay off like a whole bunch of stuff that I had been paying on. So I started really rough on my finances there and then I was paying rent while I was living with my mom. So it was, I, really difficult to save. So then I moved out here to Austin and then everything happened here, so.

• 39:30Caleb Hammer?

  Let's get straight to the point. If you're paying more each month on your mortgage than you'd like, or have a reason for change, it may be time to consider refinancing. Luckily, money.com has put together a list of its best options. That could be a game changer for you. First off, refinancing with the right company could significantly lower your monthly payments. Who doesn't want to keep more money in their pocket each month? Money.com makes it easy by showing you multiple refinancing options in one place. You can quickly compare companies to find an option that best fits your financial goals. Plus, you might want to tap into your home's equity for renovations or a big purchase. Money.com can help you find the best companies so you're comparing options to get the deal that enhances your financial flexibility without the extra hassle. And the best part, it's all straightforward. No jargon, no endless browsing.

• 40:15Caleb Hammer?

  Just a simple, clear path to find a better mortgage situation. So if you're considering refinancing, check out best options at money.com at the link in the description today. It can seriously be a financial game changer. This is a paid endorsement sponsored by money.com, which is compensated by its marketing partners. Hold on, hold on, hold on, hold on, hold on, hold on, hold on. Hold on, hold on, hold on. This cannot be correct. Wait, there, there, no, no, no, there is something wrong here. This cannot be correct. When was the last time you got a statement before this? Since two thousand eighteen, two thousand seventeen. Uh, whoa, whoa, whoa, I'm trying to understand. No, no, no, no, no. Because, because, cuz, cuz, cuz, cuz, I am seeing estimated interest accrued since last statement, fifteen thousand two hundred eighty-seven dollars, meaning this is doubled. Doubled? Doubled since when? When was the last statement? Cuz that is literally what it's putting next to it.

• 40:59Speaker 01

  Well, be, no, this is a brand new, they just sold it to this company.

• 41:02Caleb Hammer?

  So are you telling me you borrowed fifteen thousand, it's gone to thirty thousand for this loan?

• 41:08Speaker 01

  I don't think so. I don't think so. I think that's the same because it's a brand new, like they just sold it to them.

• 41:15Caleb Hammer?

  Uh, listen, estimated interest accrual since last statement and the number next to that is fifteen thousand two hundred eighty seven dollars and eighteen cents.

• 41:23Speaker 01

  Was it zero before that?

• 41:25Caleb Hammer?

  I can't see because I'm looking at this statement and all I'm reading is estimated interest accrual since last statement and then that number.

• 41:33Speaker 01

  I think all that's saying is that like, that's how much interest I have on the total loan because this was my.

• 41:38Caleb Hammer?

  The total loan of the thirty thousand dollar loan because the estimated outstanding.

• 41:47Caleb Hammer?

  Because estimated payoff is thirty thousand one hundred eighty nine dollars and that's what we got. That's what we wrote down. Estimated interest accrual since last statement, fifteen thousand two hundred eighty seven dollars.

• 41:57Speaker 01

  That, and that's just.

• 41:58Caleb Hammer?

  And I don't know what the last statement is. What was the last statement you got? Was it the original? Was it when we were taking this?

• 42:05Speaker 01

  I don't know how much it was though, I'll be honest.

• 42:07Caleb Hammer?

  Okay, hold on.

• 42:09Speaker 01

  I could pull up.

• 42:10Caleb Hammer?

  Yes, that has to be it because all you borrowed was nine thousand seven hundred from here and four thousand two hundred ninety three from there on this loan.

• 42:18Speaker 01

  Because I have another account that has fifteen.

• 42:20Caleb Hammer?

  That's great. That's a different account though. I'm looking at this account. This account was fifteen thousand borrowed, but it's thirty thousand dollars owed, meaning it accrued fifteen thousand dollars. And the way it possibly did this because it's been sitting since twenty seventeen, twenty eighteen is because you keep going on these low payment things allowing interest to accrue instead of making any, any attack towards interest or principal. So you've allowed yourself to get fifteen thousand dollars.

• 42:46Speaker 01

  When I was at my last job, I was making over the minimum payment. So when I had the ability to, I was trying to.

• 42:53Caleb Hammer?

  For how long? For how long?

• 42:55Speaker 01

  About a year.

• 42:56Caleb Hammer?

  Okay. Again, we're talking since twenty seventeen.

• 43:00Speaker 01

  I know, but I was in college then, like.

• 43:02Caleb Hammer?

  When, when, when did you drop out?

• 43:03Speaker 01

  An hour, um. Twenty, the spring semester of twenty nineteen, I stopped taking.

• 43:09Caleb Hammer?

  So twenty nineteen, this has had five years to accrue, even if you, even if you're paying decently for a year. This had five years to accrue. So I am not surprised at all that this is doubled, doubled.

• 43:21Speaker 01

  Which is insane, and I.

• 43:22Caleb Hammer?

  You didn't know that? How'd you not even know that? You look at the thirty thousand dollars and you didn't even know that? How do you look at the thirty thousand dollars and not even know that? If it started at fifteen thousand and you see thirty thousand dollars, how do you not know that went from fifteen to thirty thousand dollars? How do you know that's not double? And you see there and you're sitting there and you're looking at thirty thousand dollars and you thought it was thirty thousand dollars the whole time? You didn't think that doubled? You didn't know what your balance was when you first got it? What do you mean? How'd you not know it was doubled? It's a double the number.

• 43:44Speaker 01

  I didn't, I don't, I, I feel like that cannot be correct.

• 43:48Caleb Hammer?

  It is correct.

• 43:49Speaker 01

  Because I, I just, like, the last time that I looked and I went through, like, everything.

• 43:55Caleb Hammer?

  When?

• 43:56Speaker 01

  Probably like six months ago.

• 43:58Caleb Hammer?

  Okay.

• 43:58Speaker 01

  A year ago.

• 43:59Caleb Hammer?

  Uh huh.

• 44:00Speaker 01

  Like, that's not what it looked like. Like, I mean, yes, I was paying like.

• 44:03Caleb Hammer?

  Well, then you didn't look at the numbers correctly. You need to go through our debt class to understand your debt and how to go through your debt, know what is good, bad, how to utilize good debt, and how to get out of bad debt and different strategies. You know, need to go through our budgeting program. You get all these for free. They're all bundled together for a twenty five percent discount, link in the description. But you need to go through them so that you know how to look through your statements, how to plug numbers in, how to track things and not actually understand what your finances are. Because you, if you didn't come to this conversation, you wouldn't even know that this was doubled. Because you looked at it last time and you didn't know. You just thought it was just the normal numbers. You didn't.

• 44:38Speaker 01

  I.

• 44:39Caleb Hammer?

  You don't know how to even look at your numbers, so please go through the education. Please, say, go through the education.

• 44:44Speaker 01

  And I'm sure that whole, like, two percent, because I think I'm at, like, a two percent rate right now for six months.

• 44:49Caleb Hammer?

  No, no.

• 44:49Speaker 01

  No?

• 44:50Caleb Hammer?

  No.

• 44:50Speaker 01

  That's what I was at.

• 44:51Caleb Hammer?

  No, no, I'm at eleven. I'm at eleven. Half of it is at two point seven, half is at eleven. You don't even know. You don't even know. You look at your statements, you don't even know what you're looking at. Oh, for fuck's sake.

• 45:04Speaker 01

  When they were with Discover, they were like that.

• 45:07Caleb Hammer?

  I don't give a shit about Discover. I literally only care about what's in front of me.

• 45:10Speaker 01

  I know, but I just, I, I have not looked through for.

• 45:14Caleb Hammer?

  Why?

• 45:16Speaker 01

  Because they just sold it, like, last month.

• 45:18Caleb Hammer?

  Why didn't you look last month?

• 45:20Speaker 01

  It's stressful.

• 45:22Caleb Hammer?

  You know what's more stressful? Being late and accruing fees and having your loan. Double. I think that's stressful.

• 45:31Speaker 01

  It's stressful to me, too. I'm the one that has the debt.

• 45:33Caleb Hammer?

  They look and figure it the [__] out. It gets more stressful longer you let it sit. I'm a little stressed, so I don't look at it. Guess what? It gets more stressful when it's worse later.

• 45:46Caleb Hammer?

  So we have this loan four thousand, this loan nine thousand, this loan seven thousand, this loan eight thousand. But total estimated, because they didn't start there. This one started at seven thousand, this one started at seven thousand, that one started at eight thousand, eight thousand. But total estimated interest accrual on the first loan, two thousand seven hundred, four thousand nine hundred on that one, three thousand on that one, four thousand dollars on that one.

• 46:09Speaker 01

  Jesus, so like half of the loan.

• 46:10Caleb Hammer?

  Yes.

• 46:13Caleb Hammer?

  Literally, uh, per day. Per day. The interest that's accruing, now that you've gotten most of them down to two point seven temporarily. But four thousand is still at ten point nine. Yeah, you're accruing like three dollars a day in interest, but it's gonna be like, it's gonna be like ten, ten to twenty dollars a day in interest in like a month or two.

• 46:38Speaker 01

  I know. I just, I, it's honestly crazy to me that it's legal for us to do that at like eighteen.

• 46:46Speaker 01

  I just think that's crazy.

• 46:48Caleb Hammer?

  How?

• 46:49Speaker 01

  Do, cuz like you're essentially a child. They, they restrict you.

• 46:54Caleb Hammer?

  That's interesting.

• 46:55Speaker 01

  Pretty much everything, right?

• 46:55Caleb Hammer?

  That's good.

• 46:56Speaker 01

  And then as soon as they do, they say.

• 46:57Caleb Hammer?

  You were essentially, you're a child at eighteen, okay? Then you shouldn't be able to drive, then you shouldn't be able to vote for the future of the country, then you shouldn't be able to serve in the military. Then you shouldn't be able to work at a job because you wouldn't know how to advocate for yourself if you were working with coworkers and having employees. Then you should be coddled by your parents and you shouldn't be allowed to go outside. You shouldn't be allowed to go to college and live on your own if you're a child at eighteen. If you're gonna infantize yourself, then you have to infantize yourself across the board.

• 47:25Speaker 01

  I'm not saying me personally.

• 47:26Caleb Hammer?

  You just did. It shouldn't be illegal because you're a child. If you can't sign a piece of paperwork cuz you don't know how to read words, then you shouldn't be allowed to do all those other things either.

• 47:34Speaker 01

  That you shouldn't be allowed to do it without them teaching you about this stuff.

• 47:37Caleb Hammer?

  Teaching you? Teach yourself! If you're expected to do all this other, you can learn how to read numbers.

• 47:46Speaker 01

  Isn't that like the, why there's an entire like H and R block, like an entire industry there other than lobbying? Is because they make it purposefully difficult so that you have to pay people to do these things?

• 47:55Caleb Hammer?

  Pay to read.

• 47:56Speaker 01

  Make it like purposefully convoluted.

• 47:57Caleb Hammer?

  Buddy, eh, when I signed up for student loans, I knew the number I was at least getting.

• 48:01Speaker 01

  I knew the, the total number that I was getting and I knew that it was going to be a variable rate.

• 48:06Caleb Hammer?

  Then what are you talking about?

• 48:08Speaker 01

  Know that it, I, I didn't know realistically where I was going to end up. Nobody was like, this is how much you're going to be making when you graduate.

• 48:13Caleb Hammer?

  Well, no.

• 48:14Speaker 01

  Can afford like blah, blah, blah. Like there was no classes for that. There was no, there was no nothing. I was just like, hey.

• 48:20Caleb Hammer?

  Well, hold on, hold on, hold on. First of all, even though they're not always the best, you can talk to advisors at universities that will at least, if you ask the questions, they will answer it. Whether or not they'll, you know, tell you without you asking, that's different. And then there's advisors at high schools as well. You can also have this, um, oh, oh, what's it called? Um, hmm, this interesting little thing called Google. Yeah. It's, it's really curious. I thought I was going to work in a lab. How much does this person make working in a lab?

• 48:56Caleb Hammer?

  Okay, okay, okay. Don't get me wrong. It is hard and we set up people incorrectly. We set up people where it's like, you have to go to college. Don't get me wrong. We set up people incorrectly. But you're infantizing yourself. Again, I'm not fully against what you said, but the fact that you said it should be illegal because we are, you're basically a child and you don't know what you're doing, then you have, then you have to take that across the board. You cannot do all that other as well.

• 49:23Speaker 01

  I agree. I agree. It would be like that. I think that you should step kids up in responsibility and give them more. I just, I don't think America does that a great.

• 49:31Caleb Hammer?

  No, the process is quite bad, but if you're just infantizing yourself, you know, endlessly, then this is like, what's the point? It's just, again, this is more victim stuff and that's what I don't like.

• 49:41Speaker 01

  All right. Accountability then. I signed up for these student loans. I need to make sure that I'm paying them.

• 49:47Caleb Hammer?

  You're good with being accountable?

• 49:49Speaker 01

  Yeah, absolutely.

• 49:50Caleb Hammer?

  Okay. So you would be an accountable citizen, meaning that you pay your taxes.

• 49:54Speaker 01

  I am filing them when I go home in two weeks.

• 49:58Caleb Hammer?

  Huh? You haven't paid taxes in two years?

• 50:01Speaker 01

  I have not. I have not filed taxes.

• 50:02Caleb Hammer?

  You don't even own a business, so there's not even like a good excuse of, oh, I just kind of forgot. W two is plug and play.

• 50:08Speaker 01

  Yeah.

• 50:09Caleb Hammer?

  It's the easiest thing that you could possibly do.

• 50:13Speaker 01

  So what? How? I did. I filed for an extension.

• 50:16Caleb Hammer?

  You're probably someone that thinks that you're owed all these extra little benefits, but you don't even pay taxes.

• 50:21Speaker 01

  Absolutely not. No, I'm not taking advantage of any like government services, nothing. I use the smart, but that's it. I we don't. We don't have access to anything like S I D and stuff like that.

• 50:31Caleb Hammer?

  That's right. You use the smart. She uses the local subsidized housing, but she won't pay your taxes. She uses the roads, but she doesn't pay taxes. If she gets laid off, she'll probably file for unemployment, but she doesn't pay for taxes.

• 50:43Speaker 01

  I didn't get unemployment when I was unemployed.

• 50:45Caleb Hammer?

  If if there's a fire, I bet she's gonna call nine one one and request fire services. I bet if someone robs you, you'd probably call for the police.

• 50:52Speaker 01

  They wouldn't pick up, say P D.

• 50:55Caleb Hammer?

  So I feel like you probably exist, you know, what if? No, no.

• 51:04Speaker 01

  They're just gonna charge me more for it. Like, I'm just gonna end up paying more for them.

• 51:07Caleb Hammer?

  Yes, you'll pay penalties.

• 51:09Speaker 01

  Yeah, so they're just making more money off of me.

• 51:12Caleb Hammer?

  It's just you being responsible. That's what I care about. It's you acting like an adult. But you didn't. Why haven't you for two years?

• 51:18Speaker 01

  So I didn't because I had filed for an extension that first year because I saw my Connecticut taxes and they were insane. And so I filed for the extension so that I would have time to pay them off. And then things got like insanely crazy at work and I completely forgot about the October fifteenth deadline.

• 51:35Caleb Hammer?

  Oh.

• 51:35Speaker 01

  Until after it was done.

• 51:36Caleb Hammer?

  You just have no responsibility.

• 51:38Speaker 01

  I lost my job and I was scared to file them because I knew that I still couldn't afford them. And then I was.

• 51:45Caleb Hammer?

  There's hardships declarations at that point, but what there is.

• 51:49Speaker 01

  I didn't know that.

• 51:50Caleb Hammer?

  Google, my gosh, why does no one have the ability? I'm still curious. If I, one second, one second. I'm about to tell you. Whenever I have a problem that comes up and I just like, I don't know what to do. I literally just try to seek some information to figure out what solutions there are. You didn't even look to see if there were solutions.

• 52:14Speaker 01

  Yeah, that's fair because I didn't think that there were. I thought that I just.

• 52:17Caleb Hammer?

  Well, how would you know without asking? This, I will never understand this. So many people on the show is just like, I didn't, I didn't even try to find out if there was anything. That, I just don't get it.

• 52:27Speaker 01

  That I knew to ask. I thought.

• 52:29Caleb Hammer?

  No, not even that question. You wouldn't know that question and that's fine, but looking for solutions, you would have found an answer.

• 52:35Speaker 01

  That's fair. That's fair.

• 52:36Caleb Hammer?

  Yeah, no.

• 52:37Speaker 01

  I just like, I was just like, no, I can't.

• 52:39Caleb Hammer?

  Yeah, no, there's only seven hours left in my day after we did the math, ah, but I'm too tired. I could possibly type something into a search bar.

• 52:49Speaker 01

  I was busy, I guess. I don't know.

• 52:51Caleb Hammer?

  Busy? You had extra time?

• 52:53Speaker 01

  Yeah, I just, I guess whenever you're.

• 52:55Caleb Hammer?

  What are you out there raging on Sixth Street seven days a week?

• 52:57Speaker 01

  Oh, God, no.

• 52:58Caleb Hammer?

  Okay, then you're fine.

• 52:59Speaker 01

  When I first moved here, but not anymore.

• 53:02Caleb Hammer?

  Yeah, you were probably fine then.

• 53:04Speaker 01

  Yeah.

• 53:05Caleb Hammer?

  Unless the other, whatever, five to seven hours, whatever it was, we determined you were at a restaurant, which wouldn't surprise me.

• 53:12Speaker 01

  I mean, yeah, I was in some of that time I was doing like free things, but I, I, no, like free, like free time things.

• 53:20Caleb Hammer?

  So filing your taxes, how much do you owe?

• 53:22Speaker 01

  I have no idea.

• 53:22Caleb Hammer?

  How much did you owe before penalties?

• 53:24Speaker 01

  I owed a thousand dollars to Connecticut and no money to Texas.

• 53:28Caleb Hammer?

  You could have done a thousand dollars at that job. So, so a thousand dollars is all you back owed?

• 53:33Speaker 01

  Yeah.

• 53:34Caleb Hammer?

  You are a literal child.

• 53:36Speaker 01

  That's why I applied for the extension because at that very moment I didn't have the thousand dollars to pay. So I was like, okay, let me file for the extension. I'll be able to save up for the thousand dollars.

• 53:44Caleb Hammer?

  Stop hitting the damn table.

• 53:46Speaker 01

  Sorry.

• 53:46Caleb Hammer?

  It's okay.

• 53:46Speaker 01

  Um, I, so I was like, okay, I'll be able to save up for the thousand dollars. And then I, it, I just, I guess fell off. I, I wasn't responsible enough to make sure that I completed it by the deadline.

• 54:03Caleb Hammer?

  Mm hmm.

• 54:04Speaker 01

  And then I rolled into last year and.

• 54:08Caleb Hammer?

  You probably owe like a thousand two hundred or something.

• 54:12Speaker 01

  Oh, was that it?

• 54:13Caleb Hammer?

  Probably. I don't know.

• 54:15Speaker 01

  I thought that was gonna be crazy. And then I read on the internet that like they come, like they'll put you in jail for the third year. So I was like freak. But my mom knows a tax guy who.

• 54:24Caleb Hammer?

  They're ready to. I mean, they'll. The IRS would much rather get their money than put someone in jail, trust me. They're actually quite chill if you work with them.

• 54:35Speaker 01

  Oh, okay. Yeah, I got like really stressed out. So I was like, okay, mom, we have to deal with this when I come home.

• 54:42Caleb Hammer?

  You're twenty six. Why are we still relying on mommy to help pay taxes?

• 54:46Speaker 01

  Just to make sure that like I'm doing everything right. And she knows a tax guy, so he's gonna like help me to make sure.

• 54:51Caleb Hammer?

  Well, I'm okay with that connection part, but literally here you could have found a CPA that would have spent like a five minutes on this probably.

• 54:58Speaker 01

  Yeah, that but they cost money, right?

• 55:00Caleb Hammer?

  They do, but again, they wouldn't have been a lot.

• 55:02Speaker 01

  Lowered rate.

• 55:03Caleb Hammer?

  Oh, my gosh. Okay. Discover. We have a Discover card.

• 55:06Speaker 01

  Yes. I do have a Discover card.

• 55:11Caleb Hammer?

  Oh, my. It's oh.

• 55:13Speaker 01

  Yeah, yeah. So it's.

• 55:15Caleb Hammer?

  Who do I have to punch right now? This is crazy.

• 55:18Caleb Hammer?

  It's it's over maxed out.

• 55:19Speaker 01

  It's over maxed.

• 55:20Caleb Hammer?

  It's over maxed out. How?

• 55:22Speaker 01

  Maxed out for a while.

• 55:24Caleb Hammer?

  What's a while? And why?

• 55:26Speaker 01

  Uh, at least three months.

• 55:28Caleb Hammer?

  It's like, why?

• 55:29Speaker 01

  Because I keep putting large amounts on it.

• 55:30Caleb Hammer?

  Why?

• 55:31Speaker 01

  Keeps hitting and taking it over.

• 55:33Caleb Hammer?

  So don't put large amounts on it then.

• 55:35Speaker 01

  What do you mean? Don't I have?

• 55:36Caleb Hammer?

  Oh, you mean payments?

• 55:37Speaker 01

  Yes, yeah.

• 55:41Caleb Hammer?

  If you were below the limit and you're just even putting just the minimum of the payments to it, the interest, the way the math works is you would still still make progress, even if it's like five dollars of progress. It wouldn't have put you over. You had to have spent on this or you'd or or or or or you didn't pay towards it. And then fees happen and fees will push you over, but there is no way you were making the payment and you went over. There is no way, no way.

• 56:05Speaker 01

  I definitely.

• 56:06Caleb Hammer?

  No, there is not.

• 56:07Speaker 01

  Payment. I think what.

• 56:09Caleb Hammer?

  Not on this card. This isn't one of those cards that gets you fees on a monthly basis. There is no way unless you were already over.

• 56:17Speaker 01

  It maxed out while I was unemployed, so I've been paying like large amounts to try.

• 56:21Caleb Hammer?

  Okay, there you go. If it was already maxed out, that's different.

• 56:25Speaker 01

  Yeah, it maxed out while I was unemployed, so I've been putting like three hundred, four hundred dollars towards it. And then at the end of the month, the interest hits and I'm still over.

• 56:32Caleb Hammer?

  Well, the interest is a hundred nineteen, but the the minimum is a hundred forty. So again, it's still.

• 56:36Speaker 01

  Putting three hundred, four hundred.

• 56:38Caleb Hammer?

  Or two hundred, two hundred, two hundred, two hundred.

• 56:43Caleb Hammer?

  Interest this year so far, it's at a twenty five point two four percent interest rate, which for most credit cards on this show isn't actually the worst. It's usually like five percent more. Interest this year so far, a thousand dollars is allowing yourself to get.

• 56:56Caleb Hammer?

  Why is this maxed out to begin with?

• 56:58Speaker 01

  Because I was unemployed, so I was putting like utilities and like groceries and things on it while I was unemployed.

• 57:04Caleb Hammer?

  You're unemployed for three months, plus you had five thousand hours. I'm confused. Your spending must not have stopped.

• 57:10Speaker 01

  Well, I also like I was, I had the fifteen hundred dollar rent at the time.

• 57:14Caleb Hammer?

  Yes, I know, but even with that, okay.

• 57:16Speaker 01

  Cover all the months.

• 57:17Caleb Hammer?

  No, I get that, but that wouldn't lead to this max out.

• 57:19Speaker 01

  I paid to get out of my rent.

• 57:20Caleb Hammer?

  Oh, to break? How much was that?

• 57:22Speaker 01

  That was the entirety of the rent. So that was fifteen hundred dollars. And then I had to pay for movers because I have, I have medical problems. I can't move.

• 57:28Caleb Hammer?

  You don't have friends?

• 57:29Speaker 01

  Any of my stuff. No, I didn't have anybody that could, that could help me. He would rather pay for it than to do it.

• 57:34Caleb Hammer?

  How much did you pay for movers? You can't afford to pay for movers.

• 57:36Speaker 01

  It was like a thousand dollars.

• 57:37Caleb Hammer?

  What's your medical issues?

• 57:38Speaker 01

  Um, I have a herniated disc and a few other things.

• 57:42Caleb Hammer?

  Okay.

• 57:42Speaker 01

  So I have issues with, um, like I can't carry weights and, um, you know, walking and standing. So I, I was in a wheelchair for most of like, for a good, like last year. Yeah.

• 57:52Caleb Hammer?

  That's wild.

• 57:53Speaker 01

  So, um, I'm.

• 57:54Caleb Hammer?

  I'm glad you're not.

• 57:55Speaker 01

  Part of why I'm struggling is because like I used to work food industry, right? So like I would just, I would just get a bartending job and pay all this off. Like that, that's what I would do, except for the fact that like once a month for like three days, I fit, I cannot get out of bed because I can't walk. And then on top of that, like, uh, it's whenever my back flares up. I don't really have a choice on when it does stuff. I do my best to make sure that it doesn't, but it's, it's about once a month.

• 58:19Caleb Hammer?

  We could do some remote customer service jobs after hours, though.

• 58:22Speaker 01

  Okay. I mean, I just, I hadn't, I, I've looked into things around town, right? Like, um, uh, Planet K and just things that would be more chill. And that would maybe be more willing with my issues and I just like, they don't want somebody that can work the hours that I can work because I work six to, or nine to six at my current job. So the like shifts.

• 58:42Caleb Hammer?

  See if you can get like a call center job, something like that.

• 58:45Speaker 01

  Okay. I mean, I, I would be open to that.

• 58:47Caleb Hammer?

  It's not going to be great pay, but this is extra.

• 58:49Speaker 01

  Yeah.

• 58:50Caleb Hammer?

  If you're concerned, it's to actually pay down the debt. How much do you rate your line and your brother?

• 58:54Speaker 01

  Um, not anymore. I haven't, I haven't taken, yeah, I haven't taken any money for him, um, since June.

• 59:01Caleb Hammer?

  But he got you the car?

• 59:02Speaker 01

  It's his car. He owns the car.

• 59:04Caleb Hammer?

  And you drive it when you need it?

• 59:06Speaker 01

  He takes public transportation to work.

• 59:08Caleb Hammer?

  And then you?

• 59:10Speaker 01

  It makes him like it makes

• 59:11Caleb Hammer?

  Well, that's fine.

• 59:12Speaker 01

  So it's just better for him to not drop.

• 59:14Caleb Hammer?

  I mean, that's okay. I'm just.

• 59:16Speaker 01

  Uh, when I'm done with

• 59:17Caleb Hammer?

  Without your brother, I don't know what you'd be doing in life.

• 59:20Speaker 01

  Oh, I would, I would be living in Connecticut. That's why he, he didn't want me to have to move home. So, but he also didn't want me to move into his place.

• 59:27Caleb Hammer?

  What are we affirming? We have a firm. Swish Dental.

• 59:30Speaker 01

  Yes. So that is my retainers. I um, clench my teeth so hard I break them sometimes. So I have a very fancy. I have very fancy uh, uh, retainers, top and bottom. But um, I mean, like my, so my brother does still pay for like going out things whenever we go out, but that's because he wants to do things. So that's how he's like, he is planning on setting up a bank account and putting me as like a person on it. Solely for entertainment. So because he, he, I know of all the things that are going on around town. So he would rather me just buy the tickets. So he doesn't have to go to them and then just be like, hey, we're going to this.

• 1:00:12Caleb Hammer?

  This is so weird.

• 1:00:14Speaker 01

  He's just, he just, he's a dink. Like he just, he has so much spending money. He just.

• 1:00:19Caleb Hammer?

  Which is great. Maybe he should spend it. I just, I don't know. It's weird.

• 1:00:23Speaker 01

  I just, if he wants to spend it on doing things and he did, they both work remotely, so they don't have a ton of friends in town, so.

• 1:00:29Caleb Hammer?

  The, the account thing's a bit weird. Where he's gonna give you a fun account like your.

• 1:00:33Speaker 01

  No, no, no. It's not for me. No, it's for, it's for events that we are going to together. Like if we're going home.

• 1:00:40Caleb Hammer?

  Hitting the table.

• 1:00:41Speaker 01

  We're going home, I'll buy the tickets and it'll be through that account. So then I'll just send him the itinerary. He doesn't have to worry about it type of thing.

• 1:00:49Caleb Hammer?

  If you saw your high yield savings rate drop down, you need to keep listening. The Fed just started cutting rates with more expected to be on the way. Potentially even dropping all the way back to zero. Even I got a notice from my bank about the cut. So if you see your savings rate already shrinking, it's time to take action. You can lock in today's rates with US government bonds for one, two, or even 10 years. Right now, a one-year treasury is at 4.2% and a 10-year is at 4.1. And the best part? Once you buy, your rate is locked in, even if. 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 to pay you back. That's where today's sponsor Silo Markets comes in. Silos like Robinhood, but for bonds.

• 1:01:34Caleb Hammer?

  You can lock in those sweet four to 4.5% rates right now, and all assets are protected by $500,000 in SIPC insurance and up to $2.5 million in FDIC insurance. So don't wait. The Fed's next rate cut decision is November 7th, and there's a good chance they'll cut it again. Check out Silo Markets using the link in the description below, and you'll get a 1% bonus on your deposit. That means the 4.2 Treasury becomes over 5%. Take advantage of this last opportunity to lock in over 5% rates only with Silo at the link in the description below. Now let's jump back into the episode. So you're still a personal assistant?

• 1:02:11Speaker 01

  Yeah, essentially.

• 1:02:15Caleb Hammer?

  Okay.

• 1:02:17Caleb Hammer?

  So you owe $211 on the switch dental? It's a 23.14% interest rate, so it may as well be a credit card.

• 1:02:23Speaker 01

  Yes.

• 1:02:24Caleb Hammer?

  What's the minimum?

• 1:02:25Speaker 01

  Um, it's 78 or something like that. It's like $80. I have-

• 1:02:29Caleb Hammer?

  It was 750, so we're almost done with the yearly.

• 1:02:32Speaker 01

  Mm-hmm. It'll be paid off in January. That's when the last payment is. I deferred it one time.

• 1:02:37Caleb Hammer?

  Why?

• 1:02:38Speaker 01

  Because I didn't have the money because I was, because of the unemployment, but-

• 1:02:42Caleb Hammer?

  Not having an emergency fund is an emergency. Why would you try to get fired before having an emergency fund?

• 1:02:52Speaker 01

  I couldn't stay there. I, if I could stay any longer, I would have. I wouldn't have like ended up in this situation, but I could not stay there anymore.

• 1:03:00Caleb Hammer?

  And you can't tell me?

• 1:03:02Speaker 01

  It, yeah, I have too many NDAs and things, but-

• 1:03:06Caleb Hammer?

  Okay. Oh, for-

• 1:03:07Speaker 01

  Off camera, but-

• 1:03:09Caleb Hammer?

  So are these federal student loans?

• 1:03:13Speaker 01

  Yes, I believe so.

• 1:03:15Caleb Hammer?

  So more student loans?

• 1:03:16Speaker 01

  Yeah.

• 1:03:17Caleb Hammer?

  Okay. Oh, my gosh.

• 1:03:20Speaker 01

  Yeah, the fifteen thousand is the other Discover one.

• 1:03:22Caleb Hammer?

  Well, these interest rates are lower, but we still just have so much, so.

• 1:03:27Caleb Hammer?

  What, uh.

• 1:03:28Speaker 01

  It's, um.

• 1:03:29Caleb Hammer?

  These are income sensitive.

• 1:03:31Speaker 01

  Uh, yeah, so they're, um, subsidized and unsubsidized. And then I also took, uh, the Perkins loan.

• 1:03:36Caleb Hammer?

  Oh, wait. Oh, shit. Yeah, it's, you're not making any payments because the income. You know what that's done to them, though?

• 1:03:44Speaker 01

  Oh, yeah, they're, the interest is probably insane. I'm sure.

• 1:03:47Caleb Hammer?

  Well, even though the interest rate's actually low at two point seven four, they've gone from fifteen thousand dollars to seventeen thousand one hundred sixty one. Cause you're just doing nothing. And the thing is, it's being challenged in court. So this kind of status could be thrown out. Who knows? Or, you know, a different administration comes in and let's say the person overseeing the Department of Education is just like, you know, that we're not doing these kind of loans anymore. All of a sudden you owe more. This is. And they're not bankruptable. This, it's just so, you're just putting yourself in a risky situation. You don't necessarily make bad money is the thing either. So you're just allowing yourself to get for no reason.

• 1:04:20Speaker 01

  I am putting it towards the.

• 1:04:22Caleb Hammer?

  It would be like a hu- it would be like a hundred seventy five dollars is what your payment would have been. We could have done that for the traditional ten year payoff.

• 1:04:30Speaker 01

  I mean, I think I, I would love to start paying on them. I'm just putting more of it into the private just because of my cosigner.

• 1:04:37Caleb Hammer?

  Um, no, you're not. You lowered your, who's your cosigner?

• 1:04:41Speaker 01

  Uh, it's my mom's husband.

• 1:04:42Caleb Hammer?

  You. Stepdad? Okay, so you lo- what? You, huh?

• 1:04:48Speaker 01

  We, we don't call him that.

• 1:04:49Caleb Hammer?

  Sure.

• 1:04:50Speaker 01

  My sister has, her dad is technically, we call him the stepdad. Her husband came in when I was like seventeen.

• 1:04:56Caleb Hammer?

  Oh, gosh, there's three of them.

• 1:04:57Speaker 01

  Yeah.

• 1:04:59Caleb Hammer?

  Okay, two hundred, but you lowered your student loan payment on the private side. So what you're saying is incorrect.

• 1:05:06Speaker 01

  But because I lost my job, so I.

• 1:05:08Caleb Hammer?

  So what you're saying is incorrect though, because you've had your job now for a bit.

• 1:05:11Speaker 01

  I'm, I'm trying to get there again. I'm trying to like get back to, to paying on all of it, but.

• 1:05:17Caleb Hammer?

  But you know what me about all this and what I just don't understand here is we have all these situations and we have relatively easy ways to get out of this. But there's one thing you hold our producer that just grubs me in a concerned way.

• 1:05:32Speaker 01

  Okay.

• 1:05:33Caleb Hammer?

  He specifically said, quote, I hate Dave Ramsey.

• 1:05:39Speaker 01

  I do.

• 1:05:40Caleb Hammer?

  Okay.

• 1:05:40Speaker 01

  I do.

• 1:05:41Caleb Hammer?

  But his is so simple to get you out of this, his little thing. So why?

• 1:05:45Speaker 01

  I just, I don't.

• 1:05:46Caleb Hammer?

  Because that concerns me for this.

• 1:05:48Speaker 01

  I don't like how he like comes after people morally. I just think that like he is kind of like a grimier person.

• 1:05:53Caleb Hammer?

  Morally?

• 1:05:54Speaker 01

  Yeah.

• 1:05:54Caleb Hammer?

  Well, his morals are subjective. He has his morals.

• 1:05:57Speaker 01

  I think just doesn't work.

• 1:05:58Caleb Hammer?

  Okay, you know, he doesn't literally mean beans and rice. It means don't go out to eat you dumb.

• 1:06:03Speaker 01

  Yes, I know that. My mom is obsessed with him and she.

• 1:06:07Caleb Hammer?

  If she's obsessed.

• 1:06:08Speaker 01

  Quite literally.

• 1:06:09Caleb Hammer?

  If she's obsessed, then she knows it's not literally.

• 1:06:12Speaker 01

  Yes. So we used to listen to him in the car, though, like we would, she would put on that show and.

• 1:06:17Caleb Hammer?

  Yeah, it's entertaining.

• 1:06:18Speaker 01

  Laura and all of that, right?

• 1:06:20Caleb Hammer?

  What?

• 1:06:20Speaker 01

  And it's just.

• 1:06:20Caleb Hammer?

  I don't know that.

• 1:06:21Speaker 01

  Okay, she's another like a radio person, but like, and they're just, it's just him like, like yelling at people and like, yes, like.

• 1:06:29Caleb Hammer?

  What do you think I'm doing?

• 1:06:30Speaker 01

  I know you.

• 1:06:30Caleb Hammer?

  I am more.

• 1:06:31Speaker 01

  You get heated, but you don't get mad at me for morally being a person or whatever.

• 1:06:35Caleb Hammer?

  Well, it depends.

• 1:06:36Speaker 01

  The one of him with being like, you shouldn't be living in the house with this woman's daughter, blah, blah, blah. And I'm like, what the, what does that have to do, what the fuck does that have to do with his finances?

• 1:06:43Caleb Hammer?

  Oh, okay. You're so the social things.

• 1:06:45Speaker 01

  Yeah, like, I'm just like, ew, you're just like.

• 1:06:47Caleb Hammer?

  Well, if we're talking about morals, well, morals are subjective. I don't care whatever one's morals are, so as long as they're not like ruining someone else's life. That's all I care about. But you don't think morally, you should have to pay back the debt that you signed when you were 18?

• 1:07:01Speaker 01

  Oh, I absolutely, I do think that I should have to pay that back.

• 1:07:04Caleb Hammer?

  Okay, so.

• 1:07:05Speaker 01

  I, I think that future people should have the, the government ones waived. I don't mind paying on mine. I don't think people get like mad about that.

• 1:07:11Caleb Hammer?

  Without changing the process that got him there in the first place, though.

• 1:07:14Speaker 01

  I agree with that, too.

• 1:07:15Caleb Hammer?

  Okay, so change the process before you do that, right?

• 1:07:17Speaker 01

  Change the structure of like everything. Absolutely.

• 1:07:20Caleb Hammer?

  Then I'm confused because see, that's also what he, that's also what he says.

• 1:07:23Speaker 01

  I know, I just don't like the way he says it, I think.

• 1:07:25Caleb Hammer?

  Okay, so you just don't like his.

• 1:07:27Speaker 01

  I just don't like him. Like, as a person, I think I don't like him.

• 1:07:30Caleb Hammer?

  Okay, but.

• 1:07:31Speaker 01

  Budgeting is good.

• 1:07:32Caleb Hammer?

  It is, it's fine, it's chill.

• 1:07:33Speaker 01

  I don't think that my mom's interpretation of his beans and rice is very.

• 1:07:37Caleb Hammer?

  Well, she might be stupid, I don't know.

• 1:07:39Speaker 01

  Like, she, yeah, but I, I understand, like, not eating out, like, that is a reasonable request, right? But.

• 1:07:45Speaker 03

  The next, the only time you see the inside of a restaurant is if you're working there.

• 1:07:52Speaker 01

  This is a pretty, this is a pretty.

• 1:07:54Caleb Hammer?

  No, it's not. Come on.

• 1:07:56Speaker 01

  Very entertaining.

• 1:07:56Caleb Hammer?

  Well, yes.

• 1:07:59Speaker 01

  Um, yeah, I just, but that's even, even whenever I was working at fast food restaurants, you end up spending a lot of money whenever you work at those places.

• 1:08:07Caleb Hammer?

  If you're, if you're undisciplined, sure.

• 1:08:10Caleb Hammer?

  Okay, I mean, if that's why, if, if it's not about the, the payoff, the debt thing, then I don't really care.

• 1:08:15Speaker 01

  Yeah.

• 1:08:15Caleb Hammer?

  Cause that's what concerned me was reading, it was hearing that you said that is, like, how are you gonna get out of debt if you're not willing to follow pretty damn basic

• 1:08:25Caleb Hammer?

  debt payoff advice?

• 1:08:27Speaker 01

  I think I can. I just don't think I could take it from that man.

• 1:08:31Caleb Hammer?

  Okay.

• 1:08:32Speaker 01

  Like, I don't think that's the source that I can get my advice from, cause I'm just gonna be like, eh.

• 1:08:38Speaker 01

  You know, like, I think.

• 1:08:39Caleb Hammer?

  I do, it's just a little.

• 1:08:41Speaker 01

  Right?

• 1:08:41Caleb Hammer?

  Yeah, I get that, but that's also just sounds so like, uh, uh, almost a little virtue signaling in certain ways, cause it's like, there's people that I don't agree with on everything, but that doesn't mean that their good advice also isn't good. Like, it's, it's bad, it's, it gets really weird as a society and very Twitter-brained if you don't like one thing about someone means that we immediately dismiss their entire existence, like, that is so Twitter-brained.

• 1:09:09Speaker 01

  I think that it's reasonable to say, because this person has views that I do not agree with, I'm going to go in questioning the rest.

• 1:09:17Caleb Hammer?

  Questioning is fine, but you said, I hate Dave Ramsey.

• 1:09:21Speaker 01

  I, I did say that. It was a little, it, it might have been a little intense. I think maybe hate is not the right word. I think, uh, I dislike Dave Ramsey. I don't like his influence on people of a certain age, maybe.

• 1:09:36Caleb Hammer?

  Well, but has, hasn't he helped, like?

• 1:09:41Caleb Hammer?

  upwards of hundreds of thousands of people pay off that?

• 1:09:43Speaker 01

  I'm sure he's talked to a lot of people. I don't know the stats on how many people he's actually helped.

• 1:09:48Caleb Hammer?

  Well, in terms of the people that have listened.

• 1:09:49Speaker 01

  Oh.

• 1:09:50Caleb Hammer?

  You just don't like the social aspect, his social views.

• 1:09:52Speaker 01

  Yeah, I just don't, I don't think I, I like his social view. I don't know.

• 1:09:55Caleb Hammer?

  He's a bit old school.

• 1:09:56Speaker 01

  Yeah, he's a little too old.

• 1:09:58Caleb Hammer?

  But again, it's just like, uh, I don't know. I just, I just don't like the idea. It's, it's a very new school. That is just like, if I disagree with a certain ideology from someone, then everything they say is wrong. And that is so counterproductive as a culture. It's so immature. It's an immature worldview.

• 1:10:16Speaker 01

  I agree. I think it's more, I don't like the things this person has to say, therefore I'm not listening to them. Therefore, I'm not like, I'm not getting into that nitty gritty, the way that you know him.

• 1:10:26Caleb Hammer?

  Oh, okay.

• 1:10:26Speaker 01

  I'm only listening to the radio show, hearing him yell at people and being like, whoa, this guy sucks. And then my mom just repeating it back at me like forever while I was living with her, you know? So then it just perpetuates this thing in my head where I'm like, oh, this guy.

• 1:10:40Caleb Hammer?

  All right. Well, I don't care enough. Uh, checking account. It's four hundred seventy and the balance. Okay.

• 1:10:49Speaker 01

  Yeah, zero dollars. Was it zero dollars?

• 1:10:52Caleb Hammer?

  Yeah, little.

• 1:10:54Speaker 01

  Was it, was it?

• 1:10:56Caleb Hammer?

  Stupid little stupid.

• 1:10:58Speaker 01

  It, it probably was like less than five dollars.

• 1:11:01Caleb Hammer?

  No, it's not even what I'm looking at.

• 1:11:02Speaker 01

  Oh.

• 1:11:02Caleb Hammer?

  Every single second of your f**k life is spent on bull. Bull. And you come in here and you try to say that you're trying. You come in here and you're questioning why you weren't able to make a payment. You come in here and you say you had to lower payment because you don't have enough money. You come in here and say that the world is against you and all this stuff. It doesn't make sense. All of this is bull. Going to botanical garden, Amazon, Chinese takeout, Amazon, Chick-fil-A, Ubering, Target, you have your brother's car, use it. The target is rarely ever groceries we find on this show. JW Marriott, so ah! CBD, great, Applebell, Chick-fil-A, Chick-fil-A, Netflix, Las Gatos?

• 1:11:44Speaker 01

  That might be like my name on it?

• 1:11:47Caleb Hammer?

  Is that your name?

• 1:11:49Speaker 01

  Uh, I don't know.

• 1:11:51Caleb Hammer?

  Is your name Los Gatos?

• 1:11:52Speaker 01

  No.

• 1:11:53Caleb Hammer?

  Oh, then, okay.

• 1:11:54Speaker 01

  I don't know what that means.

• 1:11:55Caleb Hammer?

  What the fuck are you even saying? Chick-fil-A, Thunder Chef, Home Goods, Chick-fil-A, Fireball Cafe, Prime Video? Going in and getting some bullshit. Hulu, I don't care, cuz you still paid the other half. Dispensary, wonderful. Playstation Network, Chick-fil-A, Venmo and Out, thirty-nine dollars. Venmo and Out, twenty-five, Venmo and Out, fifty, where's all that going?

• 1:12:24Speaker 01

  So my friend paid for my ticket to go home.

• 1:12:27Caleb Hammer?

  Great.

• 1:12:28Speaker 01

  Because she wanted me to come, so I'm.

• 1:12:30Caleb Hammer?

  Teleport, Uber, Chick-fil-A, Uber, In-N-Out, going in and getting some BS, Barley Ben, Spotify, you can listen to ads if we literally can't pay our monthly payments, I promise. Torchies, Uber, more dispensary, getting our nails did, they're just normal black nails. What are we paying for? Come on.

• 1:12:53Speaker 01

  This was for her wedding.

• 1:12:53Caleb Hammer?

  Shake Shack, American Eagle.

• 1:12:59Caleb Hammer?

  It's all stupid bullshit, almost all of it. The necessity bills in here are rare and far between.

• 1:13:08Speaker 01

  I don't think I have that many.

• 1:13:09Caleb Hammer?

  It's all necessity bills?

• 1:13:11Speaker 01

  Yeah.

• 1:13:11Caleb Hammer?

  Then you're really a child, cuz it's all bullshit. Fuck, it's all fucking highlighted bullshit, guys.

• 1:13:22Speaker 01

  Well, if I just stop eating out, I'll be totally fine.

• 1:13:24Caleb Hammer?

  And all that extra bullshit, all that extra bullshit, Playstation Network, Prime Video, Netflix, all the extra crap, the Spotify and the Venmo and Out and all this stuff, dude.

• 1:13:33Speaker 01

  My friends made me back for the Prime, that's supposed to be on hers.

• 1:13:36Caleb Hammer?

  Fully, fully, fully, fully, wait, Prime, Prime, Prime Video?

• 1:13:39Speaker 01

  Mm-hmm, Prime Video and.

• 1:13:41Caleb Hammer?

  Okay, get rid of that shit.

• 1:13:42Speaker 01

  The other one, no, it's hers.

• 1:13:43Caleb Hammer?

  Good.

• 1:13:43Speaker 01

  It was accidentally on my cart.

• 1:13:44Caleb Hammer?

  Well, stop, how long?

• 1:13:46Speaker 01

  Like, three months, but she's paying me back for all of it.

• 1:13:48Caleb Hammer?

  She better be, she damn better be.

• 1:13:51Speaker 01

  So.

• 1:13:54Caleb Hammer?

  Your spending is out of control. It was $750 on both at least, right?

• 1:14:01Speaker 01

  Yeah.

• 1:14:01Caleb Hammer?

  I'm not mistaken, going out to eat 250, unknown shopping, that's targeting Amazon, we don't know what that was, 88 bucks. Subscriptions, 29 miscellaneous bull, this was the gardens, the dispensary, apple stuff, home goods, prime video, PlayStation Network.

• 1:14:16Speaker 01

  Apple's a F1 TV subscription.

• 1:14:18Caleb Hammer?

  Huh? Stop then. Nails and American Eagle, that's all 428 dollars. And then other large purchases, that's Venmo and hotels of 43. Come on!

• 1:14:31Caleb Hammer?

  This is stupid. I don't get it. Why? You have an extra 750 dollars left a month. Let's take 100 away, put it towards the 200 you did for groceries, so 300 dollars for groceries. That would give you an extra 600 dollars. Like, I don't even have to do the budget. You have an extra 600 dollars left to go towards debt.

• 1:14:48Speaker 01

  But that's before we're adding in the, the student loans coming back, right? Because once we do that, that's, that's zeroed out.

• 1:14:54Caleb Hammer?

  What does it go to again?

• 1:14:55Speaker 01

  Um, I was paying, it was, I was putting 350 on one and 150 on the other for my student loans.

• 1:15:02Caleb Hammer?

  That isn't zero. So you're saying it goes from 220 to 500?

• 1:15:07Speaker 01

  Mm-hmm. Okay.

• 1:15:08Caleb Hammer?

  And you're saying that equals 600?

• 1:15:10Speaker 01

  I thought, I thought it was 600.

• 1:15:13Caleb Hammer?

  You think the difference between 220 and 500 is 600 dollars?

• 1:15:17Speaker 01

  No, no. I thought that, I forgot that they're charging me the, the full amount for one of those student loans.

• 1:15:22Caleb Hammer?

  I don't, e- even still, okay. So two, so, okay, okay, okay. What does that bring us down to? What does that bring us down to? Let's do some basics. 350 dollars you would have left over. If you cut out the miscellaneous bull, eating out only, and even if you still did the hotel and the Venmoing is still included, you probably have an extra 400 dollars. 400 dollars! 400 damn dollars! It's so easy!

• 1:15:50Speaker 01

  I mean, that's the real, I thought I was gonna have less money than that.

• 1:15:53Caleb Hammer?

  Let's see, what's your rent? What's your, what's your rent?

• 1:15:55Speaker 01

  It's, uh, 1040.

• 1:15:57Caleb Hammer?

  What's your utilities?

• 1:15:58Speaker 01

  Um, my water's metered, so usually all of that comes out to 110, plus like the pet rent and like all of the amenities and stuff.

• 1:16:06Caleb Hammer?

  What's your utilities? Total?

• 1:16:08Speaker 01

  And the...

• 1:16:09Caleb Hammer?

  Come on! Including the internet, what do we got? Including the internet?

• 1:16:14Speaker 01

  Mm-hmm.

• 1:16:14Caleb Hammer?

  Okay, very good. Gas, room, room, drive, drive, I assume you take care of that?

• 1:16:18Speaker 01

  Yes, I do.

• 1:16:19Caleb Hammer?

  How much?

• 1:16:19Speaker 01

  Um, maybe like fifty.

• 1:16:21Caleb Hammer?

  You take care of car insurance, I'll do seventy-five?

• 1:16:23Speaker 01

  I do not.

• 1:16:24Caleb Hammer?

  Okay. Yep, your brother spoils you. Total debt? Let's do it after the payment goes up, huh? Just to see. So we'll call the total debt seven eighteen. Of course, it's two hundred fifty dollars less right now, two, two seventy less.

• 1:16:41Speaker 01

  Mm-hmm.

• 1:16:41Caleb Hammer?

  But we'll call it seven eighteen, good. TP fund, anything else you need to survive? This is a hundred dollars. Um, okay, necessary food, three hundred dollars, follow the meal prep, meal prep and our debt program. Not our debt program, our budgeting program, and tweak it to your needs.

• 1:16:57Speaker 01

  That's enough for a month?

• 1:16:58Caleb Hammer?

  Yes, two hundred fifty dollars is enough for a month. We've done it, we've done it, we've proven it. The HEB. You just meal prep, it's called meal prep. You have pets, you said?

• 1:17:09Speaker 01

  I do.

• 1:17:09Caleb Hammer?

  How much for pet food?

• 1:17:10Speaker 01

  Um, I mean, total for like her litter and everything, maybe like fifty bucks a month.

• 1:17:14Caleb Hammer?

  Okay, do you have pet insurance?

• 1:17:16Speaker 01

  Uh, I do not.

• 1:17:17Caleb Hammer?

  Get it, thirty dollars.

• 1:17:20Caleb Hammer?

  Okay. Anything else? How, copays medical, what? What do we got?

• 1:17:24Speaker 01

  Um, yes, uh, well, my premium's taken out, so that's included, because it's through my work.

• 1:17:28Caleb Hammer?

  Yes, copays, anything?

• 1:17:29Speaker 01

  Um, yeah, I do have a copay. My, my doctor's appointments a month kind of vary, I would estimate two.

• 1:17:37Caleb Hammer?

  Hundred?

• 1:17:37Speaker 01

  No, no, no, two appointments, so eighty dollars.

• 1:17:39Caleb Hammer?

  Okay.

• 1:17:42Caleb Hammer?

  How much for the dispensary? Just medically necessary.

• 1:17:46Speaker 01

  One fifty.

• 1:17:48Caleb Hammer?

  Taking fifty of that from the TP fund? You're gonna have fifty left for the TP fund, and then I'm giving you a hundred. Under there, so it's an extra hundred.

• 1:17:56Speaker 01

  What's a TP?

• 1:17:56Caleb Hammer?

  Okay, anything else you need to survive?

• 1:18:00Caleb Hammer?

  Nails, makeup, whatever.

• 1:18:02Speaker 01

  Uh, yeah, I would say, I mean.

• 1:18:04Caleb Hammer?

  I gave you fifty.

• 1:18:05Speaker 01

  Oh, okay. Oh, that's how much it costs to get the nails?

• 1:18:08Caleb Hammer?

  There you go. Yeah, it's just about what we thought, right? Three thousand forty comes in, two thousand six hundred eighteen to survive.

• 1:18:19Caleb Hammer?

  Four hundred twenty-two left. It's over what I said. Cause you did all that extra bullshit too. You kidding me? This is, okay, go. You need to work as what?

• 1:18:30Speaker 01

  I, no, I was just gonna say like I'm, I, I like have Mint Mobile and all that different stuff like trying to make sure that all those costs are low.

• 1:18:37Caleb Hammer?

  Well, you, oh, what is your phone bill? Sorry, I didn't have that.

• 1:18:41Speaker 01

  Um, I paid like three hundred for the year. So, nothing.

• 1:18:45Caleb Hammer?

  So, the Discover card would take thirteen months to pay off. So, if that is true, then that means this whole process, the federal student loans, I had to get on a regular payment plan when you're ready for that. Two eleven for the Affirm, five, five, one, six for the Discover. I mean, it's still gonna take too long to pay off for my Comfort. Yeah, eighty-five months. Because that, uh, private student loan is so ridiculous, which is seven years. So, that's unacceptable. What I need you to do is go bring in an extra thousand dollars a month.

• 1:19:16Speaker 01

  Thousand, okay.

• 1:19:17Caleb Hammer?

  Yeah, you can go bring in an extra thousand dollars. I promise you can. In Austin, I promise you can. Work around your health, huh? I, I don't know. I, listen, it's all, everything's always easier said than done, but I know for a fact you can go find an extra thousand dollars a month post taxes here in Austin. I know for a fact. Go work at Summer Moon, okay?

• 1:19:36Speaker 01

  But that's the thing. I can't do those things. Like, I've worked in a coffee shop before. I can't get down

• 1:19:41Caleb Hammer?

  Too heavy?

• 1:19:41Speaker 01

  Onto those levels. I can't, the up and down is so physically

• 1:19:44Caleb Hammer?

  Up and down?

• 1:19:45Speaker 01

  Yes, because like they store everything below the counter, right?

• 1:19:48Caleb Hammer?

  So, you, you need to work within your means, yes. You might have to do call center, sit down bullshit administrative, maybe even it's like ten bucks an hour, okay? Which is low for Austin, but maybe that's what you just have to cater to in order to get it. But go, you need, you need to bring in a, or do you wanna pay debt for eight years? While having no fun.

• 1:20:07Speaker 01

  Pay off all my debt?

• 1:20:08Caleb Hammer?

  Yeah, no, uh, everything but your federal student loans. That's your private student loans, your Discover card, and your Affirm.

• 1:20:14Speaker 01

  I mean, that's, I've, that, that's long.

• 1:20:16Caleb Hammer?

  Yeah, yes. That's too long for no one to have no paid for fund. You won't be able to sustain that. That's impossible.

• 1:20:24Speaker 01

  Uh, no, that's fair. Okay, cuz I, I guess we're not giving you like any entertainment or anything, just that fifty dollars, right?

• 1:20:29Caleb Hammer?

  Hmm, yeah, which is usually just life stuff. But go bring an extra thousand, so a thousand four two two a month goes for it. That takes twenty-five months. We just went from eight years.

• 1:20:43Speaker 01

  Oh my God, Julie.

• 1:20:44Caleb Hammer?

  To two years. Come on. In two years, you can a hundred percent do. You'll be twenty eight. You're still younger than me at that point. Okay? So you can do that. Call it another quarter, three quarters of a year to get a fully funded emergency fund. So let's call it three years to be conservative. And boom, your base level, you have a fully funded emergency fund. So you don't give [bleep] next time that you don't have a job. You have a fully funded emergency fund, you do have no bad debt, and you start maxing out those retirements. But first, you have to just stop being a child, and you've been a child through a lot of this conversation. And you just can't do that. It's as simple as you just can't do that. And I'm excited to have you on the follow up channel and see where you go from there. But this is, you, you follow the budget, go through the education. So you know how to do all that.

• 1:21:26Caleb Hammer?

  Go get an extra job, bring in an extra five hundred to a thousand. I recommend a thousand. Call it a three year thing. Your life gets to basic and then you can start contributing twenty five or twenty percent to retirement and live thirty percent towards fun and fifty percent on needs, which you can do in your current situation even still right now. So this is pretty chill. You just have to go get that extra money. Once you have the fully funded emergency fund, you can, you can stop that extra job. Even if you're making what you're making now, which your income will go up, but even if you are, you can still stop it and live fifty, thirty, twenty. So, okay. Hammer financial score. Stick around for the post show. Some of the stuff that we weren't able to talk about. And some extra drama and things that we don't know. The producers are going to come in, they're going to bring it up. Make sure you subscribe to the membership below. Helps out this channel a lot.

• 1:22:11Caleb Hammer?

  Spending in a budget, you broke even. Money actually wasn't spent on debt, but more money should have gone towards that. You spent seven hundred fifty dollars on bull [bleep] minimum. It was closer to like eight hundred fifty. Um, I'll do three out of ten there. Debt. Not paying your taxes, zero out of ten. Yeah, include that. It's a thousand hours. So the first month will cover that. Emergency fund. Nothing in savings, zero out of ten. Retirement? Is there anything?

• 1:22:41Speaker 01

  Um, I think that my old company liquidated it. So like when I left.

• 1:22:45Caleb Hammer?

  They wouldn't, no, no, they wouldn't liquidate it. It's a sitting.

• 1:22:49Speaker 01

  They sent me a check.

• 1:22:51Caleb Hammer?

  Yeah, for you to transfer it. Or did you liquidate it?

• 1:22:55Speaker 01

  No, I didn't. I didn't do anything with the check.

• 1:23:01Caleb Hammer?

  Take a look. I don't know. Well, how much?

• 1:23:03Speaker 01

  Uh, it was like a 1,200 or something like that.

• 1:23:05Caleb Hammer?

  One out of 10. You're very behind on retirement. Real estate zero out of 10.

• 1:23:12Speaker 01

  That feels like a stretch.

• 1:23:13Caleb Hammer?

  At some point, not now. Amber Financial Score isn't for where you're supposed to be for your age. It's where you're supposed to be, where you're trying to get to. It's about the journey.

• 1:23:20Speaker 01

  To buy something like I don't.

• 1:23:21Caleb Hammer?

  You don't have to, but you don't have to, but it's healthy for a good overall financial situation. You don't have to, but it is good for it.

• 1:23:30Speaker 01

  Is that because of how they make it?

• 1:23:32Caleb Hammer?

  Huh? What? Who make what?

• 1:23:35Speaker 01

  The, the way that like the whole institution is set up. Is that why it's good to?

• 1:23:40Caleb Hammer?

  It's good to go into retirement without having to pay for the roof over your head, other than property taxes and insurance. It's also a good way to utilize. Let's say you put down $20,000. Well, all of a sudden you're getting uh, $400,000, let's say of the house's worth. That $400,000 is accruing the gain in the marketplace, even though you only spent 20. Going down. So good. That's a separate conversation. We'll save that for the follow up. You're not there yet. Hammer Financial Score rounded up one out of 10. Check out all of our education. It's all bundled together right now for 25% off, and that's limited. So make sure you guys check that out now. Stick around for the post show. It's gonna be fun. How big's that?

• 1:24:18Speaker 01

  Actually, we did measure it one time.

• 1:24:19Caleb Hammer?

  What'd you get?

• 1:24:20Speaker 01

  Like six and a half or more.

• 1:24:22Caleb Hammer?

  Oh.

• 1:24:22Speaker 01

  So like not, not like, but like we're not trying to.

• 1:24:25Caleb Hammer?

  Six and a half is giant. You do not have a six and a half inch. Don't, don't even look. Wait, are you being serious? Yes. Can we get a rule measuring tape out here? Yeah, yeah, yeah, yeah.

• 1:24:37Speaker 04

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

• 1:24:40Caleb Hammer?

  All right, guys. I get it. You need more financial audit. So we've decided now in our membership below, you get two exclusive, see nowhere else, uncensored financial audits every month. Again, 384 came in from your job. How much do you think you spent?

• 1:24:57Speaker 05

  How much did I submit? 384?

• 1:24:59Caleb Hammer?

  You don't think you overspent?

• 1:25:01Speaker 05

  Oh, I probably, I guess I did. Yeah. Seven, maybe. I don't know.

• 1:25:05Caleb Hammer?

  Also, three post-shows a week for every financial audit you're seeing right here on YouTube. In the post-show, we have an extra 20 minutes for every single episode where we go into more drama. We can't find you on Facebook. Did you block me on Facebook? No, no way. You can join Hammer Pro where you get every financial audit post-show for every episode. Priority replies to comments, custom loyalty badges, and special channel emojis for the comments section. And then there's Hammer Elite if you're wanting more. And that comes with everything from Hammer Pro, extra behind-the-scenes content. Jake just got a delivery of a sword.

• 1:25:41Caleb Hammer?

  A member stream every single Tuesday with myself and the crew.

• 1:25:44Speaker 06

  He could break up with her today. He's already decided two, five weeks ago. He could break up with her today. Why is he not?

• 1:25:50Speaker 07

  Because her birthday is coming up.

• 1:25:51Speaker 06

  When, though?

• 1:25:52Speaker 07

  Two weeks, two weeks.

• 1:25:53Speaker 06

  Thanksgiving's after that?

• 1:25:54Speaker 07

  A couple of weeks after her birthday. And Christmas is only a couple of weeks. And New Year's and then MLK Day.

• 1:26:02Speaker 07

  Wonderful human. Guys, she's just not very... Wonderful, wonderful human. I do love her. She is a wonderful person. I like like her. No, she's a great person. Here's the thing, great person, it's just she...

• 1:26:17Speaker 07

  We know she's a good person. Wonderful, wonderful human. But she's just so into me and she always wants to hang out. No, wait a minute, wait a minute.

• 1:26:27Caleb Hammer?

  Random but frequent private streams with me throughout every week. Monthly member raffles for exclusive merch, and two exclusive, uncensored, ad-free financial audits every month. And then for those who only go top level, there's Hammer VIP, which comes with everything from Hammer Elite and Hammer Pro, plus a thank you in the pinned comment of every public financial audit episode, be an exclusive beta tester on our newest products we're working on, and a custom thank you letter from me personally mailed to you after a year. Members help us maintain stability during the ups and downs of ad rates. And this helps us invest in making the main show even better with every passing month.

• 1:27:04Speaker 07

  Join the membership, guys. Even Dave's a part of it.