Financial Audit’s Most Evil Guest

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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. You have no self-control?

• 0:04Speaker 01

  Not really.

• 0:05Caleb Hammer?

  So why have you not worked on this?

• 0:06Speaker 01

  Because I don't care.

• 0:07Caleb Hammer?

  How do you get out of a hole when he has that mindset?

• 0:10Speaker 02

  I have no idea.

• 0:11Speaker 01

  I mean, it's my money.

• 0:12Caleb Hammer?

  Not our money, my money.

• 0:13Speaker 01

  It is my money. I pay for her house. I pay for her groceries.

• 0:16Speaker 02

  It's a little hurtful when he says stuff like that.

• 0:18Speaker 01

  I don't like talking about.

• 0:19Speaker 02

  He's the problem.

• 0:20Speaker 01

  She doesn't hurt my feelings. She just thinks she hurts my feelings.

• 0:23Speaker 02

  I kind of feel like I've given up a little bit because I don't, I don't know.

• 0:29Caleb Hammer?

  Download my new simpler budget app today and take control of your money once and for all.

• 0:36Speaker 02

  Hi, my name is Tessa and I'm 26.

• 0:39Speaker 01

  Hi, my name is Wesley and I'm 28 and we live in Colleen, Texas.

• 0:42Speaker 02

  And this is Financial Audit.

• 0:45Caleb Hammer?

  Every fucking time. Colleen, man. Colleen, if I have someone from Colleen, I know it's gonna be a wild episode. There's something about Colleen. There's like a chemical leak there. It's just like

• 0:57Speaker 02

  Probably.

• 0:58Caleb Hammer?

  It's up everyone. Alright, well, let's start with you, Tessa. You're in front of me. So what do you do for a living?

• 1:04Speaker 02

  I work at a small animal shelter. I'm an animal control officer, but I mainly work at the shelter.

• 1:09Caleb Hammer?

  Okay, what are you making?

• 1:11Speaker 02

  Um, I think I make, I know what I bring in. I don't know what I make hourly. I think it's 18, 14.

• 1:20Caleb Hammer?

  I've seen comments recently, like, how does someone come onto Financial Audit and not know what they make?

• 1:25Speaker 02

  I know.

• 1:26Caleb Hammer?

  Honestly, I'm also confused and concerned at that. How do you not know what you make hourly? So that when you have a conversation about getting raised to an hourly wage, you know, like what? You're getting paid versus what you're gonna get paid. Like, how do we not know?

• 1:40Speaker 02

  Uh, because I don't really think about the hourly because, I mean, I know I get a raise every year and it's a 3% raise, but I don't look.

• 1:46Caleb Hammer?

  Well, that's more of like a cost of living, right? So it's not really.

• 1:49Speaker 02

  It's not like an actual beneficial.

• 1:51Caleb Hammer?

  Do you know how many hours a week you work?

• 1:53Speaker 02

  Yes, I work 40 hours.

• 1:54Caleb Hammer?

  Okay. So wouldn't it be important then to know?

• 1:57Speaker 02

  I mean, I know what my paycheck is.

• 1:59Caleb Hammer?

  I mean, he's not, he's obviously agreeing out of the gate, like, oh, yeah, she should know. What do you think? I don't know. What is your perception of this?

• 2:08Speaker 01

  Uh, I think she should know how much hourly she should make.

• 2:11Caleb Hammer?

  Yeah.

• 2:11Speaker 01

  She should be also trying to increase her hourly for what she does.

• 2:16Caleb Hammer?

  Is she not?

• 2:17Speaker 01

  No.

• 2:17Speaker 02

  There's not really anything I can do. Like, there's no way to move up other than take my supervisor's job because there's only three of us at my job.

• 2:24Caleb Hammer?

  Or move to a different place.

• 2:26Speaker 02

  Yeah, it's just really, yeah, I've been looking, it's just kind of hard.

• 2:30Caleb Hammer?

  What's looking?

• 2:31Speaker 02

  Um, I just kind of browse and see what other places are hiring. Um, and what the benefits are because I try and look at the benefits. Um, cause that's really important to me because I have really good benefits because I work for the city.

• 2:43Caleb Hammer?

  Yeah, benefits is good, but there is a, a, a, a break even point and a point where you make more over the lifetime. You know, when we calculate compound interest that you're putting into a retirement account. There are different things, but I do understand that. Yes, public jobs usually come with some good bennies. Okay. So what hits your account then? If that's what you know.

• 3:02Speaker 02

  Yes, bi-weekly, I make one thousand forty-eight dollars.

• 3:07Caleb Hammer?

  Hold, whoa, one thousand forty-eight?

• 3:12Caleb Hammer?

  Okay, that's really not much.

• 3:15Speaker 02

  No.

• 3:15Caleb Hammer?

  We're talking like.

• 3:18Caleb Hammer?

  What is?

• 3:22Caleb Hammer?

  Twenty-five thousand hours a year net? You can't survive off of that. How long have you guys been together? Cause no way you'd be surviving.

• 3:30Speaker 02

  No, we've been together since high school.

• 3:32Caleb Hammer?

  Oh, shit, really?

• 3:34Speaker 01

  Yeah. She's had this job going on five years now.

• 3:38Speaker 02

  Yeah.

• 3:39Caleb Hammer?

  What year in high school?

• 3:42Speaker 01

  I was a senior.

• 3:43Speaker 02

  I was a sophomore.

• 3:45Caleb Hammer?

  Oh, Twitter's not gonna like that, guys. Twitter is not gonna like that.

• 3:49Speaker 01

  It was legal.

• 3:52Caleb Hammer?

  They're not gonna like that you said that.

• 3:55Caleb Hammer?

  Okay, and you, um, Mr. PDF, what?

• 4:03Caleb Hammer?

  What do you make?

• 4:04Speaker 01

  So I make a salary, which is also turned into hourly. Hourly, I make thirty-six oh six an hour.

• 4:10Caleb Hammer?

  Okay, now that's what we're talking about. One, knowing our wage. Two, a good wage. Okay.

• 4:16Speaker 01

  But I also make per diem for every day that I work, which is a hundred and twenty-five dollars a day.

• 4:21Caleb Hammer?

  Really?

• 4:22Speaker 01

  Yes, sir.

• 4:22Caleb Hammer?

  What, what is that meant to be covering?

• 4:24Speaker 01

  Uh, living expenses.

• 4:26Caleb Hammer?

  But what do you do?

• 4:28Speaker 01

  So I work in the power line industry.

• 4:31Caleb Hammer?

  Yeah, you do. That makes more sense. Okay.

• 4:33Speaker 01

  Uh, was a transmission lineman and I got out of the field around when we had our daughter. And I became a assistant project manager.

• 4:40Caleb Hammer?

  We have a kid?

• 4:41Speaker 01

  Yes.

• 4:41Caleb Hammer?

  What's the age of the kid?

• 4:43Speaker 02

  Uh, sixteen months.

• 4:45Caleb Hammer?

  Oh, okay. Is this the only kid?

• 4:47Speaker 01

  Yes.

• 4:48Caleb Hammer?

  We had a power line, a power line technician or a lineman out at one point on the show and he made a ton of money. So what is hitting your account on a monthly basis? For everything?

• 4:59Speaker 01

  It ranges, so.

• 5:01Caleb Hammer?

  Average?

• 5:02Speaker 01

  Average is around fifteen hundred.

• 5:05Speaker 02

  He said monthly.

• 5:06Speaker 01

  Monthly?

• 5:06Speaker 02

  Not weekly.

• 5:07Caleb Hammer?

  Hundred per.

• 5:07Speaker 01

  Fifteen hundred a week.

• 5:08Caleb Hammer?

  Oh, okay.

• 5:10Speaker 01

  So about six grand.

• 5:11Caleb Hammer?

  Yeah, just about. Obviously, some months we have less, some months we have more, if it's per week. Like February.

• 5:19Speaker 01

  Like some months I have more due to overtime. So the way our, my company works is anything on Saturday and Sunday, as long as it's crew supported, I get straight pay.

• 5:30Caleb Hammer?

  Right.

• 5:32Speaker 01

  But my salary is always.

• 5:33Caleb Hammer?

  But we're averaging six thousand.

• 5:35Speaker 01

  We're averaging, yeah, six thousand.

• 5:37Caleb Hammer?

  Including like really good overtime months and really just bad.

• 5:41Speaker 01

  So.

• 5:42Caleb Hammer?

  So what do you average? What do you average make then? What average hits your account? I need to average this thing.

• 5:47Speaker 01

  Average would be seven grand.

• 5:50Speaker 02

  Probably seven.

• 5:51Speaker 01

  Yeah.

• 5:51Caleb Hammer?

  Okay.

• 5:52Speaker 02

  And then the lower end is probably six.

• 5:54Caleb Hammer?

  So with that, I mean, that makes sense. And for a range, that's not that crazy. So with that, I mean, we make as a household ninety-six thousand hours a year net. You were talking net, right? With that seven thousand? So that's delicious. Oh, wait, no, no, no, no, no, sorry. No, because of that new number, now it's a little more. Tha- a hundred eight thousand hours a year. It's incredible.

• 6:16Speaker 02

  Yeah.

• 6:16Caleb Hammer?

  So why the fuck are you on this show? You wouldn't come on the show if they, okay. What's going on, guys? What are we talking about?

• 6:24Speaker 01

  I like to spend money and not tell my wife.

• 6:28Caleb Hammer?

  Yeah, that's a classic situation on this show at this point. Okay. Would you agree that's why you're here?

• 6:36Speaker 02

  Yes. Definitely.

• 6:38Caleb Hammer?

  Okay.

• 6:38Speaker 02

  He really likes to, to buy things, all the things. And then I'll look at our bank account and I'm like, hey, what is this? And he's like, oh, yeah. That, that's this, or that's this. So that's super fun.

• 6:53Caleb Hammer?

  Why aren't you guys talking?

• 6:55Speaker 02

  Uh, we do. It normally just doesn't end well and we try. Uh, normally it's just an argument and. It doesn't go.

• 7:04Caleb Hammer?

  Give me an example, like, give me like your last, last major conversation around all this.

• 7:09Speaker 01

  Uh, the last major conversation, one of us ended in tears.

• 7:13Caleb Hammer?

  Which one?

• 7:14Speaker 01

  Not me.

• 7:15Speaker 02

  Who could guess? That was me.

• 7:17Caleb Hammer?

  Tell me, what happened?

• 7:18Speaker 01

  Uh, we bicker a lot. Um, growing up, my parents fought about money, so it's never made me comfortable to talk about. And I always feel like I'm being judged for how I spend my money when I make the money, but I.

• 7:31Caleb Hammer?

  So you feel you, you view it as yours?

• 7:34Speaker 01

  I don't view it as mine. I view it as I worked hard.

• 7:37Speaker 02

  Like he put the effort in to make a lot of money.

• 7:40Speaker 01

  Seventy to eighty hour.

• 7:41Caleb Hammer?

  Well, if you blow it all, you're working hard for something that's not gonna be there.

• 7:44Speaker 01

  But I can't take it with me when I die.

• 7:46Caleb Hammer?

  Yeah, but when you die statistically, well, you multiple decades from now and you already have a kid.

• 7:51Speaker 01

  Yeah.

• 7:52Caleb Hammer?

  That you might want to set up in some kind of way or prepare you guys for being set up in some kind of way so that they're not putting their life on hold? Okay, so the conversation went how? When what?

• 8:04Speaker 01

  Um, basically, the conversation did not end well. Um, she discovered that I had a very high credit spending limit.

• 8:14Caleb Hammer?

  Spending limit?

• 8:15Speaker 01

  Spending spent credit.

• 8:18Caleb Hammer?

  How'd you find out? How'd you find out?

• 8:19Speaker 01

  I told her.

• 8:20Speaker 02

  He outed himself.

• 8:21Speaker 01

  I outed myself.

• 8:22Caleb Hammer?

  How'd this conversation start though? Like what, what? We were just sitting down and all of a sudden it was just like?

• 8:27Speaker 01

  Yeah.

• 8:27Caleb Hammer?

  Ah, Tessa.

• 8:30Speaker 02

  Yeah, I mean, I think we were just laying in bed after we had watched TV. Just, I talk a lot right before we go to bed and normally someone's like, okay, good night, good night. And I was just rambling and then.

• 8:40Caleb Hammer?

  It was right there, right before turning over for bed?

• 8:43Speaker 01

  Yes.

• 8:44Caleb Hammer?

  It's a horrible time.

• 8:45Speaker 01

  Exactly.

• 8:46Speaker 02

  Yeah, I talk a lot to him right before bed because I feel like he's trapped. He can't go anywhere.

• 8:51Caleb Hammer?

  Well, sure.

• 8:52Speaker 02

  I get all my words in for the day.

• 8:53Caleb Hammer?

  Well, you wanna get in all the bullshit though?

• 8:56Speaker 02

  That wasn't me. He started.

• 8:58Caleb Hammer?

  Yeah, but it's confrontational that.

• 9:02Speaker 01

  Very confrontational.

• 9:03Speaker 02

  Yeah.

• 9:04Caleb Hammer?

  Okay, so then you told her, what did you tell her?

• 9:10Speaker 01

  That I had spent a lot of money and.

• 9:12Caleb Hammer?

  That's it. You said a lot of money.

• 9:13Speaker 01

  I had spent a lot of money and that I was not proud of how far I'd let it go. But I knew.

• 9:19Caleb Hammer?

  Over the last month?

• 9:21Speaker 01

  Couple of months, yeah.

• 9:23Caleb Hammer?

  Well, no, no. How did you, how, what did you actually say? Please, I want to be in on this to know how this goes. How this relationship goes when you guys talk about money. What did you say?

• 9:34Speaker 01

  I said that we were, we were gonna have to make some payments, um, or buy, get a personal loan.

• 9:42Caleb Hammer?

  Ah.

• 9:42Speaker 01

  Yeah.

• 9:43Caleb Hammer?

  Okay.

• 9:44Speaker 01

  Um, to afford the payment.

• 9:46Caleb Hammer?

  Oh, to afford the fucking payment?

• 9:48Speaker 01

  Yeah, the payment.

• 9:48Caleb Hammer?

  Oh, a hundred and six thousand dollars a year net in a pretty cheap area. Fuck me, okay.

• 9:56Caleb Hammer?

  Okay?

• 9:57Speaker 01

  Yeah.

• 9:57Caleb Hammer?

  And then, and then what happened from there?

• 10:01Speaker 01

  I took all my credit cards out of my wallet, like the dramatic queen I am, and bent them in front of her and threw them at her. Not aggressively, but.

• 10:10Speaker 02

  Just more like at the floor angrily, but yeah, I have a hard time with all that because I try and plan things and I want to have good things and then I find out, well, we're kind of in a little bit of a hole. And maybe all these plans can't go the way that I thought.

• 10:29Caleb Hammer?

  What did you say?

• 10:31Speaker 02

  I don't really remember. It's probably been a couple of months since that specific conversation, but.

• 10:35Caleb Hammer?

  But you guys just bicker back and forth?

• 10:37Speaker 02

  Uh, yeah, money's always been kind of a hard topic because we have very different views. I like to save money and I like to see it just sitting in the account.

• 10:46Caleb Hammer?

  Is that true? When I go through this, will this, that be true? Will that be proven true?

• 10:51Speaker 01

  Yeah.

• 10:51Speaker 02

  Yes.

• 10:52Speaker 01

  Yes, sir.

• 10:52Caleb Hammer?

  Okay, so how do you guys actually manage your finances together? Then if we have a spender, we have a saver and we have someone that has to admit that over the last couple of months, I've spent all this money on a credit card and you only found out because you said that in bed. So how, how are we doing money for the house?

• 11:10Speaker 02

  Um, I think a few months ago, or I guess in October, I set up a separate bank account where my income goes.

• 11:18Caleb Hammer?

  Really? Why?

• 11:19Speaker 02

  Uh, we split the bills so that some come out of one account and some come out of the other.

• 11:23Caleb Hammer?

  What's, what, what's some account and then what's another account? Are they shared accounts or are they individual?

• 11:28Speaker 02

  Uh, they're both shared accounts. So we both have access to them. Um, but just.

• 11:32Caleb Hammer?

  But what do you split it? Do you mean you guys are splitting it or these accounts are splitting it?

• 11:35Speaker 01

  The accounts are splitting it.

• 11:36Caleb Hammer?

  But the accounts are both of our accounts?

• 11:38Speaker 02

  Yes.

• 11:39Caleb Hammer?

  So. Why? Why are we doing that?

• 11:41Speaker 02

  Because if there's money in our main account, it gets spent versus.

• 11:47Caleb Hammer?

  You have no self-control?

• 11:48Speaker 01

  Not really. I really don't.

• 11:50Caleb Hammer?

  Okay. And you recognize this and you're telling me this. So why have you not worked on this?

• 11:54Speaker 01

  Because I don't care. I just like to spend money.

• 11:56Caleb Hammer?

  Then you guys aren't, then how the are you guys gonna make it then? If, if you, if you just straight up sit here and come here and say, I don't care.

• 12:05Speaker 01

  Because I, I know money's coming in the next week and I know.

• 12:08Caleb Hammer?

  Yeah, but then you spend it.

• 12:09Speaker 01

  I don't always spend it, but I have an idea.

• 12:12Caleb Hammer?

  Does he always spend it?

• 12:14Speaker 02

  Most of the time.

• 12:15Caleb Hammer?

  So, so what are we talking about then? Like, how are you guys gonna survive at that point? You guys as a couple?

• 12:22Caleb Hammer?

  I spend the money. I don't care.

• 12:24Speaker 01

  Yeah.

• 12:25Caleb Hammer?

  What are your thoughts on all this?

• 12:27Speaker 02

  I have a different upbringing with money, so I have a really hard time trying to see his point of view.

• 12:32Caleb Hammer?

  Yeah, but how's your thoughts of surviving this? How are you guys gonna survive this? What is your thought of this in general? If hearing what he just said, what do you think?

• 12:42Speaker 02

  I feel like we're constantly trying to get our way out of a hole and I don't.

• 12:47Caleb Hammer?

  How do you get out of a hole when he has that mindset?

• 12:49Speaker 02

  I have no idea.

• 12:54Caleb Hammer?

  How do you get out of the hole, guy?

• 12:57Speaker 01

  By not doing what I've been doing.

• 12:58Caleb Hammer?

  Yeah, but you don't care.

• 13:00Speaker 01

  I.

• 13:00Caleb Hammer?

  Self-admitted.

• 13:02Speaker 01

  Yeah.

• 13:02Caleb Hammer?

  You want to care, but you don't care. So what the is gonna change? It's gonna have to be like a massive wake up or something.

• 13:09Speaker 01

  I mean, yeah, I think the massive wake up is the future for my daughter. Um, I want.

• 13:15Caleb Hammer?

  Yeah, but it's already been 16 months, dude.

• 13:17Speaker 01

  I know.

• 13:19Caleb Hammer?

  Has he slowed down in the last 16 months?

• 13:23Caleb Hammer?

  Exactly. So, no.

• 13:26Speaker 01

  Well, she can't spend any of it right now, anyway. I mean, it's my money.

• 13:30Caleb Hammer?

  But it's my money.

• 13:32Speaker 01

  Yeah.

• 13:32Caleb Hammer?

  My money. Not our money, my money.

• 13:35Speaker 01

  It is my money. That she uses. I pay for her house. I don't live there. I pay for her groceries.

• 13:45Speaker 01

  So.

• 13:46Caleb Hammer?

  Wait, what the? That's another conversation. No, no, no. What are you talking about?

• 13:49Speaker 01

  I travel for work, so I live in a fifth wheel. Two hours from home, and I get to come.

• 13:54Caleb Hammer?

  Two hours? How often are you home?

• 13:57Speaker 01

  Every other weekend, if I can.

• 13:59Caleb Hammer?

  Every other? You only see him four days a week? Or a month? Sometimes, yeah. And sometimes it's just. How are you guys surviving that while he's just blowing all his money and he doesn't care while he's also gone for 90% of a month?

• 14:08Speaker 01

  Well, if I'm at work, I don't spend the money. So I try.

• 14:11Caleb Hammer?

  You spend it all in four days?

• 14:13Speaker 01

  Yeah, it don't take very long.

• 14:14Caleb Hammer?

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• 14:56Caleb Hammer?

  Oh, and if you think you'll just get stuck on a call center waitlist, guess what? 4.6 stars on Google says Y Refi actually picks up and treats you like a real human, which is a shocker, right? In finance, that's something as rare as me not slamming a desk every episode. What? So if you're done fantasizing about robbing a bank, don't do that.

• 15:17Caleb Hammer?

  By the way, but just check out Y refi. They're here to help you actually crush these loans without selling your kidneys on the black market. Go to Y R E F Y dot com slash hammer. That's Y refi dot com slash hammer or call triple eight Y refi dash seventy eight. That's triple eight Y refi dash seventy eight and see how a real personal approach can help you escape the private loan nightmare. Because let's be honest, living with crippling debt till you're ninety is not the retirement plan you dreamed of.

• 15:44Speaker 01

  I just like things. I like gadgets and knickknacks and bullshit.

• 15:47Speaker 02

  Literally anything.

• 15:48Speaker 01

  If it looks cool or if I've seen it on freaking Instagram.

• 15:51Caleb Hammer?

  Mess?

• 15:53Speaker 01

  No.

• 15:53Speaker 02

  No.

• 15:54Caleb Hammer?

  Where does it all go?

• 15:56Speaker 02

  I have no idea.

• 15:57Speaker 01

  Everywhere. Preferably my camper. So she doesn't know.

• 16:03Caleb Hammer?

  Do you not feel just completely out of control? He literally just said my money for her house. Is that how you feel? This doesn't sound like a couple to me.

• 16:10Speaker 02

  No, it's a little hurtful when he says stuff like that.

• 16:15Speaker 02

  I just, I don't know.

• 16:18Speaker 01

  I wish it didn't feel that way. Um, but lately it has felt that way due to not being able to come home and spend time with them in our home that we bought together.

• 16:28Caleb Hammer?

  What do you mean?

• 16:30Speaker 01

  I chose this job.

• 16:31Caleb Hammer?

  Yeah.

• 16:32Speaker 01

  And I gave her the option of living with me in the camper.

• 16:36Caleb Hammer?

  With a fucking newborn?

• 16:38Speaker 01

  Yes, we did it for six months.

• 16:40Caleb Hammer?

  And how'd it go?

• 16:41Speaker 01

  It went fine. We had a crib in there.

• 16:43Caleb Hammer?

  How'd it go?

• 16:44Speaker 02

  I mean, we probably could have done it if, and it probably would have been a better choice financially if we really sat down and talked about it.

• 16:50Caleb Hammer?

  Then why, then why not then?

• 16:53Speaker 02

  I didn't really think about quitting my job and staying at home because I wanted to.

• 16:58Caleb Hammer?

  Stay, that'd be quitting the job.

• 17:00Speaker 02

  Yeah.

• 17:01Caleb Hammer?

  Yeah. And that would be like a twenty five percent cut, just about.

• 17:06Speaker 02

  But we wouldn't be paying a mortgage.

• 17:08Speaker 01

  Or daycare.

• 17:09Speaker 02

  So that's would have been a big thing.

• 17:12Speaker 01

  Yeah.

• 17:12Speaker 02

  Yeah.

• 17:13Caleb Hammer?

  Okay.

• 17:14Speaker 01

  I gave her the choice once and then that was it. She said she wanted a house and I said, okay, let's find you a house.

• 17:20Caleb Hammer?

  How long have you had the house?

• 17:21Speaker 01

  We bought it last year.

• 17:22Speaker 02

  Seven months.

• 17:24Speaker 02

  August.

• 17:24Caleb Hammer?

  He gained any equity?

• 17:25Speaker 01

  No.

• 17:26Speaker 02

  No.

• 17:26Caleb Hammer?

  Yeah. Okay, so, income. We know what came in. We have your income. It was actually less. This last month. But I want to do expenses. And I need you to guess what you are spending on these categories. Price is right style. Here you go. Some financial audit pens.

• 17:53Caleb Hammer?

  Alright, give me your food spending. Give me your food spending. Let's have, if you guys are really together and you're combining these finances and you know your things, give me your food spending. Food spending for a month. In the most recent month. Go ahead. Let's see what you guys both think. I mean, you guys are a couple, right? You're together.

• 18:13Speaker 02

  Okay.

• 18:18Caleb Hammer?

  He says $3,000.

• 18:19Speaker 02

  Oh my god.

• 18:26Speaker 01

  You're including everything, though.

• 18:27Caleb Hammer?

  Food.

• 18:28Speaker 01

  It's like drive, drive-throughs and groceries and everything.

• 18:31Caleb Hammer?

  $3,000, you think you spend a third? Not even a third, no, more than that, like a 35, 40% of your income?

• 18:39Speaker 01

  I mean, yeah, we go to Sam's Club and Costco and...

• 18:42Speaker 02

  I didn't think about that. I said 750.

• 18:44Caleb Hammer?

  Okay. That's still substantial. Well, the answer was 596.

• 18:52Speaker 02

  Okay.

• 18:52Caleb Hammer?

  So why do you possibly think it is 3,000?

• 18:57Speaker 01

  Eggs are expensive.

• 18:59Caleb Hammer?

  It's not fucking eggs, dude. Come on. Why do you think it's 3,000?

• 19:02Speaker 01

  I just thought I went out to eat more. I mean, there's occasionally times where I go out to eat quite a bit, just living on the road.

• 19:11Speaker 01

  And I really like Whataburger.

• 19:14Caleb Hammer?

  3,000?

• 19:17Speaker 01

  Yeah. I'm glad it's not three thousand.

• 19:20Speaker 02

  I don't know what you would have to be doing to spend three thousand dollars on food alone.

• 19:25Speaker 01

  Well, Sam's Club and Costco can get expensive, especially buying diapers.

• 19:29Speaker 02

  Yeah, but we don't go there that often to spend that much in an entire month.

• 19:34Speaker 01

  Probably not, no.

• 19:36Speaker 02

  I don't know if you really thought about that one.

• 19:38Speaker 01

  Probably not.

• 19:39Caleb Hammer?

  Okay. Here's the next one. This is extra shopping, kind of at like an Amazon or a Walmart or a Target, that kind of stuff. What do you think you spent on these like, who knows what it could be categories at these big box or delivery?

• 19:59Caleb Hammer?

  What are we thinking? What do we think?

• 20:02Speaker 02

  Maybe six hundred?

• 20:03Caleb Hammer?

  Six hundred. What we got? Fourteen hundred. Well, this time, he's the winner here. Seventeen thirty seven.

• 20:10Speaker 01

  Holy.

• 20:12Caleb Hammer?

  Is our money just leaving?

• 20:14Speaker 01

  Yeah.

• 20:15Caleb Hammer?

  Just on big box, Amazon delivery, that unknown, because who even knows what the fuck he actually got? And hopefully, we actually find out more. That is crazy.

• 20:24Speaker 01

  That is crazy. I didn't think that we spent that much on Amazon.

• 20:28Speaker 02

  It's almost triple what I thought.

• 20:30Speaker 01

  Well, yeah, fourteen hundred.

• 20:32Speaker 02

  That's still a lot.

• 20:33Speaker 01

  Seems like a lot for a month.

• 20:35Speaker 02

  That's not that much more than what you thought, but that's like.

• 20:38Speaker 01

  Fourteen hundred is my average. That's how much I think I would spend on Amazon or Target.

• 20:43Caleb Hammer?

  You okay with that?

• 20:46Speaker 01

  No, yes.

• 20:49Caleb Hammer?

  What?

• 20:50Speaker 01

  I mean, I'm, I'm okay with it, yeah. I think I'm okay with fourteen hundred a month.

• 20:56Speaker 02

  That's a lot. I don't know what we would need to spend that much on in an entire month.

• 21:01Speaker 01

  Knickknacks.

• 21:02Caleb Hammer?

  You don't really seem to speak up. You really do not, do you, like, what is your care level on all this stuff? Like, this is objectively bad. He says he doesn't care, and you just seem so about it, just so flat. Have you given up? Do you, do you care?

• 21:20Speaker 02

  Sometimes I feel like it's not a battle that I can win, so I feel like we've been through the same conversations the whole time we've been together, and not a whole lot has changed. Yeah.

• 21:35Speaker 02

  I don't know.

• 21:36Caleb Hammer?

  You're gonna stay with someone. You had a kid with someone who won't change.

• 21:41Speaker 02

  I love him.

• 21:43Caleb Hammer?

  But he won't change. Are you guys gonna make it?

• 21:46Speaker 01

  I think we'll make it.

• 21:47Caleb Hammer?

  Why do you think that? You're the bad one. It's not like you have to... You're not the one dealing with the pain and hurt of this.

• 21:54Speaker 01

  I mean, I am.

• 21:56Caleb Hammer?

  How? You're the one doing the actions. Oh, come on. Then why aren't you changing? You literally told me you don't care. What the [__] are you talking about internally?

• 22:03Speaker 01

  I just like to spend money.

• 22:05Caleb Hammer?

  No [__], but you're not changing. So what are you telling me? That it hurts internally if you literally told me you don't care?

• 22:13Speaker 01

  I think the debt stresses me out, but I just push it off and spend more money.

• 22:16Caleb Hammer?

  But this is gonna turn even more and more stressful forever.

• 22:20Speaker 01

  I know, and I'm trying to get through that. And I haven't found resources.

• 22:25Caleb Hammer?

  What's this trying? Resources?

• 22:27Speaker 01

  Yeah.

• 22:27Caleb Hammer?

  Uh, [__] budgeting. What do you mean, resources? What are you talking about? Okay, fine. Resource. Simpler budget. You guys create an account together, or create two separate accounts, whatever you want to do. We pay for the premium version. They get a multi-week trial. There's your resource, because it at least tells you exactly what you spent on every category. So we're not playing prices right. You're guessing, okay? You don't have to do that [__] anymore, because you will actually know what you're spending on each and every category. You set your own limits, and it's automatically connected to your accounts, and you see what your income is. Okay, so simpler budget. You guys get that. There's a resource, but you could have been doing that more manually or something. You could, if you really care. You've tried, but you told me you don't care, though. If you don't care, there is no trying.

• 23:08Speaker 01

  But I did. I tried very hard. I went on Etsy. I bought a planner. We went through it together. We set it up. And then, you know, I moved, and it was hard to see, you know, what was she spending money on? And then me telling her, oh, I bought some more dumb [__].

• 23:23Speaker 02

  I think that's the problem, is we want to look into it, and then we try and make a plan, and then something happens where maybe we don't see each other for a while. We're not able to actually stick to that and actually sit down and have the time to talk about it. So it just kind of goes out into the wind.

• 23:44Caleb Hammer?

  No more Etsy bull. Here's the simpler budget founders edition. This is for anyone that signs up for the annual version gets assigned and sent to them. But you guys get it for free. Before you guys come back on the financial audit channel, I need you to journal. And at least weekly, okay, at least weekly. And I'm going to read that when you guys come back on the follow up channel. So don't get up.

• 24:03Speaker 01

  Okay, she'll write in it.

• 24:07Caleb Hammer?

  Miscellaneous bull, the final category we're gonna do. This is things like, uh, uh, like getting a video game or just, you know, whatever it is. This is miscellaneous extra bullshit that does not actually matter in life whatsoever.

• 24:25Speaker 02

  My guess is.

• 24:26Caleb Hammer?

  Thirty-six-hundred.

• 24:28Speaker 01

  I put two thousand and scratched down.

• 24:30Caleb Hammer?

  Oh my, what are you guys doing? How do you possibly even think that? How is it even like, how is that even considered remotely okay, guys?

• 24:39Speaker 02

  It's not.

• 24:40Speaker 01

  It's not okay.

• 24:41Caleb Hammer?

  Then why don't we do anything?

• 24:43Speaker 01

  Cause we don't talk about it because I don't like talking about it.

• 24:46Caleb Hammer?

  Why don't you like talking about it?

• 24:47Speaker 01

  Because.

• 24:48Speaker 02

  Because he's the problem.

• 24:50Speaker 01

  I'm the problem. She has no problem with not spending and I can't seem to stop.

• 24:55Caleb Hammer?

  Then what the can I do?

• 24:58Speaker 01

  Tools.

• 24:59Caleb Hammer?

  No.

• 25:00Speaker 02

  Maybe throw something at him.

• 25:01Caleb Hammer?

  I mean, yes, you, again, you guys go through all the classes, you get the budget nap. Sure, there's tools, but it is still your work that you put into it in the end.

• 25:11Speaker 02

  I feel like he just, he needs something to change to make a difference. And I don't know what that is, but I feel like anytime we talk about it, he feels like he's personally attacked. And so then I feel like I hurt his feelings. And it's not a super great conversation.

• 25:27Caleb Hammer?

  You think she hurts your feelings?

• 25:28Speaker 01

  No, she doesn't hurt my feelings. She just thinks she hurts my feelings.

• 25:31Caleb Hammer?

  So why do you care? Before we just jump into these documents, just in general. Why do you care about your own self-pleasure than your wife, than your child? Why do you think that? Dig down deep, why do you think that?

• 25:45Speaker 01

  My mom was the same way.

• 25:47Caleb Hammer?

  And you saw the that comes from that and you're not willing to change? I saw things that struggled from my childhood, foreclosure notices, uh, struggled to pay for college, you know, which is bad finances in general, stress, stress, stress, stress. That's why I became interested in personal finances and I did better. You saw the bad parts and you decided to repeat that? Uh, how does that make sense? You were able to fully acknowledge this. Sounds like some internalized trauma, like someone who got abused is now abusive or anything. It's like you are recognizing this, you know this, so why the continue the thing that you know is bad from your childhood?

• 26:19Speaker 01

  I just, I don't know, I just like to spend money on random things. Uh, I just buy that I think is shiny.

• 26:27Caleb Hammer?

  Okay, okay, so nine thousand hours comes in, how much did you guys spend last month?

• 26:33Speaker 01

  Probably eight thousand nine hundred.

• 26:35Caleb Hammer?

  Okay, so less.

• 26:36Speaker 02

  Probably close to ten.

• 26:38Caleb Hammer?

  Okay, ten thousand five hundred.

• 26:39Speaker 01

  Oh.

• 26:40Caleb Hammer?

  Spending a thousand five hundred hours more than we bring in on a monthly basis, how are we ever gonna get out of debt? You said debt is keeping you up, so you just ignore it? But it's getting worse by a thousand five hundred hours on a monthly basis, what the are you talking about?

• 26:51Speaker 01

  Yeah.

• 26:52Caleb Hammer?

  Again, that is you putting your own self-joy over your wife, over your daughter.

• 26:59Speaker 01

  She doesn't tell me no very often. And that's the other problem. I feel like if we had an actual conversation, maybe broke it down and I explained to her reasons I needed something or

• 27:09Caleb Hammer?

  Needed?

• 27:10Speaker 01

  Needed is a very strong word. Uh, wanted something, then maybe she would understand more.

• 27:18Caleb Hammer?

  Okay, where do you guys think you are in the world of personal finances? I'm gonna go three, two, one, go. On go, I want you both at the exact same time to give me what you think your household financial score is, zero to ten, zero being the worst, ten being the best. Three, two, one.

• 27:34Speaker 01

  Two.

• 27:34Speaker 02

  Three.

• 27:35Caleb Hammer?

  Okay, why do you think you're almost like? What do you think you're to three and not like really? This is a lot of paper, this is more paperwork that I've seen in a long time. Borderline fat stack week and we haven't done one of those in a while. You think you're a three?

• 27:50Speaker 02

  I know there's

• 27:51Caleb Hammer?

  But you're the saver, you're the, the one that is apparently good.

• 27:54Speaker 02

  We could both be the spenders, so at least there's only one spender in our relationship, but I feel like it's yeah, it's definitely pretty bad and we need to figure it out to get out of the hole.

• 28:08Caleb Hammer?

  All right. If you guys want your Hammer Financial Score, link in the description below, or just go to CalebHammer.com. You can also go to CalebHammer.com/apply if you want to come into our studio in Austin, Texas. Meet everyone here, have a good time, and I'll give you a good financial beating and get you connected with resources and all that good stuff. All right, Amazon Chase card. Okay, we talked about the deliveries and bullshit, and it was an insane number that was actually even higher than you thought, if I'm not mistaken. Okay, so Amazon Chase with this, oh my, this is crazy. $11,835.94. That balance alone is fucking insane. I haven't had a balance like that on my credit card in

• 28:48Caleb Hammer?

  forever. But the $385 minimum payment, it doesn't even matter. Listen, guys, the balance didn't even change. No, the balance literally went down by a dollar because you spent $231. Who spent the $231? Probably me.

• 29:05Speaker 02

  I'm not on that account, so it wasn't.

• 29:06Caleb Hammer?

  Are you kidding me? So you say you're the one that you care about that. You care about that. You're okay with a nearly $12,000 loan? This is pretty fucking exciting for the world of financial audit. Something big, Mar. Nearly 60,000 of you have downloaded my budgeting app, Simpler Budget, in just a few weeks of its launch. And let me tell you, we've heard amazing feedback. People are enjoying the automatic account connections. People are enjoying the community chat. People are enjoying building their budgets, sticking to it, and actually changing their lives finally for the first time.

• 29:43Caleb Hammer?

  So download the Simpler Budget app today. Join the 60,000 people who are literally changing their lives for the first time. Literally, this gives you control of your financial future once and for all. So download Simpler Budget today. And remember, anyone who signs up for the annual version of the app at a massive discount, you also get shipped this Simpler Budget notebook, which will be personally signed by me. So check it out. Download Simpler Budget today. High-interest credit card debt that is accruing $239.38 in interest on a monthly basis? $28 of fees! Why? Why? Late fee.

• 30:21Caleb Hammer?

  You even know that?

• 30:22Speaker 02

  No, I don't have access to that account because I'm not on it.

• 30:25Caleb Hammer?

  You don't have access? You're not allowed to look? You don't know the login?

• 30:29Speaker 02

  No, it's just under.

• 30:31Caleb Hammer?

  Why doesn't she have access?

• 30:32Speaker 01

  She's never asked for it.

• 30:35Speaker 01

  I have the app on my phone.

• 30:36Caleb Hammer?

  She has to ask for it? So you guys don't sit down?

• 30:38Speaker 01

  No, we don't.

• 30:40Caleb Hammer?

  Because you're afraid of the confrontation? You're afraid of him getting his feelings hurt? You're afraid of getting your feelings hurt? All that whatever?

• 30:45Speaker 01

  I mean, yeah, I'm just afraid of starting an argument and getting mad.

• 30:49Caleb Hammer?

  Why aren't you just like building it up and it's just gonna be a nuclear explosion one point? Did you just get? What did you think the balance of this was?

• 30:56Speaker 02

  Uh, this is one that we have talked about recently and I knew it was high, but I didn't know what it was and I didn't know that there was a late charge that got added in there too.

• 31:06Caleb Hammer?

  Why aren't you managing paying on time if you're the one that's dealing with this?

• 31:10Speaker 01

  I missed the payment date.

• 31:12Caleb Hammer?

  No, I'm asking why?

• 31:13Speaker 01

  Because it fell on a weekend and I wasn't paying attention.

• 31:16Caleb Hammer?

  Why isn't it on auto pay? You make money.

• 31:19Speaker 01

  Uh, auto pay scares me.

• 31:21Caleb Hammer?

  Why?

• 31:22Speaker 01

  Because I had auto pay on everything a long time ago and I didn't have any money in my account and it charged me a fee.

• 31:30Caleb Hammer?

  But you're getting fees regardless.

• 31:32Speaker 01

  Yeah, I know. Um, a lot of the times I'll call them and let them know that it was just an accident and they'll reimburse it, but.

• 31:39Caleb Hammer?

  A lot of times. Yeah, there is. Late fee, Amazon, Amazon, Amazon, Amazon, 23.49% interest rate. So what the fuck are we doing on here?

• 31:47Speaker 01

  Uh, we bought a lot of furniture for our house. Yes, we bought some of the furniture for our house and I.

• 31:55Caleb Hammer?

  You agree?

• 31:56Speaker 02

  Yes, uh, for the house, we did have to have to because we didn't have any furniture. We had to furnish the house enough to live in and it was a little expensive. So I know there's quite a bit on there from just when we bought our house.

• 32:09Caleb Hammer?

  Pull up your Amazon account. Let me see. Let me have a little, little thing.

• 32:15Speaker 02

  I know we haven't bought anything super recently.

• 32:21Speaker 01

  Do you want to see the orders or the Chase account?

• 32:23Caleb Hammer?

  Alright, let me see. Pull it up, pull it up. Okay, I'm starting a screen recording. We will black out anything that's private.

• 32:31Caleb Hammer?

  Okay.

• 32:34Caleb Hammer?

  Something, something for shoes, a water bottle, because you probably didn't have any water bottles. Bladder cleaning kit?

• 32:42Speaker 01

  It's a hydration cleaning kit, hydration pack.

• 32:46Speaker 02

  It's for a rucksack.

• 32:47Speaker 01

  It's for my rucksack.

• 32:48Speaker 02

  Like a backpack.

• 32:49Caleb Hammer?

  Oh, okay. Ring solar panel?

• 32:54Speaker 01

  Yeah, our outdoor, outdoor security camera kept dying and with me not-

• 32:59Caleb Hammer?

  Hardwire it.

• 33:00Speaker 01

  You, I can't hardwire where it's at, because there's no close enough light switches.

• 33:05Caleb Hammer?

  Yeah, things for the kids, things for the kids, get that, I get that, but we've, we got a lot of things all at once with the kid. It's not like, I mean, maybe one at a time.

• 33:13Speaker 01

  I know recently we did spend around-

• 33:16Caleb Hammer?

  Dining station.

• 33:17Speaker 01

  Twelve hundred dollars.

• 33:17Caleb Hammer?

  And by the way, I'm not seeing this furniture that you guys are talking about. I'm seeing pens and whiteboards and calendars and paper-filled screen protector for the iPad, an outdoor table, a expensive printer.

• 33:33Speaker 01

  Yeah.

• 33:34Caleb Hammer?

  Oh, Logitech MX Key S Combo Performance Wireless Keeper. Come on, dude.

• 33:39Speaker 01

  So-

• 33:39Caleb Hammer?

  There's a big desk, L-shaped desk.

• 33:41Speaker 01

  So that was-

• 33:42Caleb Hammer?

  That's the furniture that you wanted was an L-shaped desk?

• 33:45Speaker 02

  No.

• 33:45Speaker 01

  That was from-

• 33:46Caleb Hammer?

  Who are you talking about?

• 33:46Speaker 02

  That was for-

• 33:47Caleb Hammer?

  A triple monitor mount.

• 33:48Speaker 01

  Yes.

• 33:49Caleb Hammer?

  Come on.

• 33:50Speaker 02

  That was an office setup that got-

• 33:53Speaker 01

  Tessa was-

• 33:53Caleb Hammer?

  Large monitors, three large monitors.

• 33:57Speaker 01

  It's a three large monitor stand. I bought two monitors.

• 34:00Caleb Hammer?

  Yeah, but there are thirty-two inch monitors.

• 34:01Speaker 01

  Yes.

• 34:02Caleb Hammer?

  Those are big monitors.

• 34:04Speaker 01

  It is a setup for my home office. Uh, Tessa was being lazy.

• 34:08Caleb Hammer?

  Home office, buddy, you work, you're at home four days, you're being lazy.

• 34:13Speaker 01

  Yeah.

• 34:14Speaker 02

  I was sick.

• 34:14Speaker 01

  She was sick and she called me kind of hysterical because my daughter was also sick and-

• 34:20Caleb Hammer?

  Called your wife hysterical?

• 34:21Speaker 01

  She called me hysterical.

• 34:23Caleb Hammer?

  You called him hysterical?

• 34:24Speaker 01

  Upset. She was not happy.

• 34:27Caleb Hammer?

  Oh, she was hysterical, you're saying?

• 34:29Speaker 01

  Yes, she was hysterical. Uh, she was saying that I need to have an office setup. Um, because she needs help with our daughter because she's sick and she just wants to go to sleep.

• 34:38Speaker 02

  My daughter and I both had the flu and I was not doing well. It was really, really hard to keep up with my daughter. And we were both home all week.

• 34:46Caleb Hammer?

  You called her lazy for having the flu?

• 34:49Speaker 01

  I didn't call her lazy for having the flu. I just, I also had the flu at the same time and was at work. I just didn't tell her.

• 34:57Caleb Hammer?

  Shouldn't have been.

• 34:59Speaker 03

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• 35:28Caleb Hammer?

  If you're around other people.

• 35:30Speaker 01

  Oh, okay. I work in my office.

• 35:32Caleb Hammer?

  Why the fuck, at, what, what is this at home? In the trailer?

• 35:35Speaker 01

  No, so at our house.

• 35:37Caleb Hammer?

  You're there for days.

• 35:39Speaker 01

  She wanted me to come home that day, but I couldn't come home because I have work to do and I work in an office.

• 35:45Caleb Hammer?

  Okay.

• 35:45Speaker 01

  So she wanted me to have a home office set up so that I could come home and help out if I was able to. And now that I have the home office set up.

• 35:55Caleb Hammer?

  And that invest thousands and thousands into it when you're in like horrible debt, beyond horrible debt. And the debt we're talking about is almost $400,000.

• 36:06Speaker 01

  Yeah.

• 36:06Caleb Hammer?

  Lots of kids have the sculpture stuff and another monitor stand and, uh, what is this? A receipt printer? And hey, yeah, baby monitoring and a heater. Oh, we're just buying so many things. Garage door openers, performance energy drinks, weird pajama pants.

• 36:25Speaker 02

  Those were for Christmas.

• 36:27Speaker 01

  Yeah, those were for Christmas.

• 36:28Speaker 02

  It was for family pictures. We all got matching pajamas.

• 36:31Caleb Hammer?

  This is just insane, ridiculous spending, guys. And the card is at $12,000.

• 36:37Speaker 01

  Yeah.

• 36:40Speaker 02

  That stresses me out. I don't know. My view on credit cards is you use them and then you pay them off the next month.

• 36:46Caleb Hammer?

  Sounds like a reasonable view. How can you actually stick here?

• 36:53Speaker 01

  Well, we removed the credit card.

• 36:54Caleb Hammer?

  You seem so passive.

• 36:56Speaker 01

  We removed the credit card from Amazon, so now we're not using that credit card anymore at all on Amazon, whether it gets the 5%.

• 37:01Caleb Hammer?

  Buddy, I don't know. All I know is I saw Amazon purchases and I see four on this card and a late fee. So literally your change was like right before you came on the show, which I don't count for anything. It's like that, that's nothing. You know, you're coming on a show, so you do something to look better. Come on.

• 37:19Caleb Hammer?

  The interest and fees charged in this year loans already insane, already insane. I'm just taking your energy and just looking at you and I can't tell if either you're passive in life or if you don't care, or if you've just given up. Which one is it?

• 37:36Speaker 02

  I kind of feel like I've given up a little bit because I don't, I don't know what to do.

• 37:41Caleb Hammer?

  Your wife has given up. You're just okay with this and you're okay with just popping this in and blasting through Amazon and ordering that you don't have on a credit card that is at, you know, $12,000. You're okay with this. Your wife is saying she no longer care or that she's given up and it's because of you and you just do nothing. And earlier you said you do not care.

• 38:05Speaker 01

  Yeah. Unfortunately, I feel like that's the way things are going.

• 38:11Caleb Hammer?

  What are you going to do? What are you going to do?

• 38:15Speaker 02

  I have no idea. Just kind of struggling.

• 38:20Caleb Hammer?

  What have you done?

• 38:23Speaker 02

  I don't know. Not a whole lot. I feel like we're just constantly in this hole of trying to get out and then.

• 38:29Caleb Hammer?

  What have you tried these last six months?

• 38:32Speaker 02

  Tried to talk more about things and try and look into the future rather than just right now.

• 38:37Caleb Hammer?

  And what's happened when you're trying?

• 38:39Speaker 02

  I get emotional.

• 38:40Caleb Hammer?

  Uh huh.

• 38:41Speaker 02

  I don't really see a way out at this point. So.

• 38:48Caleb Hammer?

  Mm hmm.

• 38:50Speaker 02

  I don't know.

• 38:52Caleb Hammer?

  You don't give a.

• 38:53Speaker 01

  I do give a.

• 38:55Caleb Hammer?

  You said you didn't earlier.

• 38:57Speaker 01

  I do give a.

• 38:58Caleb Hammer?

  She doesn't know what she's doing. She's lost in this, man, because she can't do anything about you because you don't care. You don't care to change.

• 39:09Speaker 01

  That is true.

• 39:10Caleb Hammer?

  And she's giving up. How long until she gives up on you and the marriage?

• 39:16Speaker 01

  I don't know. I'm hoping that doesn't happen.

• 39:19Caleb Hammer?

  That doesn't get us anywhere.

• 39:21Speaker 01

  I know.

• 39:21Caleb Hammer?

  That doesn't get us anywhere.

• 39:25Caleb Hammer?

  Be honest with me. Have you thought about just calling it quits?

• 39:29Speaker 02

  No.

• 39:30Caleb Hammer?

  Really? I respect that. That's love.

• 39:36Speaker 02

  I also couldn't make it on my own either. Cause I don't make enough to support me and my daughter.

• 39:42Caleb Hammer?

  But that shouldn't be what's keeping you there if it is.

• 39:44Speaker 02

  It's not, but even if that was an option, I don't have a way to support myself. I don't make enough by myself.

• 39:52Speaker 02

  But.

• 39:54Caleb Hammer?

  Something tells me, the fact that you immediately said that second answer, that it's a bit more real than you'd wanna admit, even to yourself. Cause why would that come so quickly?

• 40:07Speaker 02

  I don't know. I've always known that I I don't make enough and I don't have an education to go do anything better.

• 40:18Speaker 02

  I don't know.

• 40:21Caleb Hammer?

  Look at this, man.

• 40:22Speaker 01

  I know.

• 40:23Caleb Hammer?

  You don't give.

• 40:24Speaker 01

  This is why we don't have our budget conversations.

• 40:27Caleb Hammer?

  No, this is why you need to have your budget conversations.

• 40:30Speaker 01

  I don't like to see her upset.

• 40:31Caleb Hammer?

  That doesn't matter. You make her upset with what you're doing. You're blaming her for being upset for why you're not willing to have the conversations? When you're the one that have gotten you guys in the position where you need to have the budget conversations? What the fuck are you talking about? How do you not see how ridiculous this is? Get your wife a fucking tissue.

• 40:53Speaker 01

  Yeah, I don't. At this point, I don't know what the fuck to do anymore.

• 40:58Caleb Hammer?

  Talk. You're not willing to. Bare minimum effort.

• 41:07Speaker 01

  Yeah. She's right.

• 41:10Caleb Hammer?

  She is, but you've done nothing.

• 41:16Speaker 02

  I feel like a lot of times he's an emotional spender. And if he's upset, he'll just try and go buy something to give himself that fix. But then he's just digging the hole even deeper by doing that. And I don't know how to change that. I've tried to talk to him about it.

• 41:31Caleb Hammer?

  And then you're not willing to discuss.

• 41:35Speaker 01

  Yeah, I hide it a lot.

• 41:39Speaker 02

  Most of the credit cards are just in his name, so I don't know really about them. And so I don't ask because I simply just don't know.

• 41:48Caleb Hammer?

  You didn't know about the late fee? What do you know about them? What do you know about them?

• 41:53Speaker 02

  There's a lot on them.

• 41:55Caleb Hammer?

  You even know how many?

• 41:57Speaker 02

  Uh, there's probably five or so, maybe? That have a decent balance. Other than that, I don't.

• 42:03Caleb Hammer?

  You know, this is like living a second life.

• 42:05Speaker 01

  Yes.

• 42:06Caleb Hammer?

  Financially.

• 42:07Speaker 01

  Yeah.

• 42:08Caleb Hammer?

  This is like fucking financially cheating in a way.

• 42:12Speaker 01

  Yeah. Essentially, yes.

• 42:14Caleb Hammer?

  And she just tries to talk about it and you just leave.

• 42:18Speaker 01

  Yeah, I shut it down quickly.

• 42:22Caleb Hammer?

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• 43:04Caleb Hammer?

  I've saved a ton thanks to their deep discounts with major carriers, cutting my shipping costs down dramatically. And with features like smart automation and the ability to seamlessly integrate with the services and selling channels I already use, ShipStation not only grows with my business, but also propels it into the future. Imagine handling every order more. More accurately, faster and with less hassle. Calm the chaos of order fulfillment with the shipping software that delivers. Switch to ShipStation today. Go to shipstation.com/caleb or click the link in the description below to sign up with a free trial. That is shipstation.com/caleb. Thanks again to ShipStation for sponsoring today's episode. Let's get back into it. You will not make it if that's how you continue. You guys have known each other for a long time.

• 43:49Caleb Hammer?

  You met each other when you were both younger. Like you have a history. You have a kid now. That bond is keeping you guys together through this and helping. But how long can she be pushed? How long can she feel completely destroyed? And broken down and unable to talk and communicate with her significant other? How long can she feel that way? How long can she feel completely given up before either she's just a silent corpse existing in the house? Or until she decides to leave the house?

• 44:27Speaker 01

  I don't want either of those things. I really don't.

• 44:32Speaker 02

  We've got to figure this out.

• 44:38Speaker 02

  I don't want things to always be this way. I want to get better and see the light at the end of tunnel.

• 44:43Caleb Hammer?

  I know you want to, but you can't do that alone. That's not on you. To start, to start, does he hide things from you?

• 44:56Speaker 02

  I mean, just finances.

• 44:57Caleb Hammer?

  Just finances that you know of.

• 45:01Speaker 02

  Yeah.

• 45:04Speaker 02

  I mean, I don't, I don't think there would be anything else to hide. We talk about everything else. It's just the finances that are a hard conversation for us.

• 45:13Caleb Hammer?

  What does she know about the truck situation and what you did with that? What does she know?

• 45:18Speaker 01

  She thinks the truck's paid off.

• 45:21Speaker 01

  It's not paid off. And I missed a payment.

• 45:30Caleb Hammer?

  Yes. Absolutely. And take, take your time.

• 45:43Caleb Hammer?

  Why would you even tell her that? Why would you even tell her it's paid off?

• 45:48Speaker 01

  Because that was our original goal.

• 45:50Caleb Hammer?

  Yeah, that's a goal. Why would you lie?

• 45:52Speaker 01

  So we took out a personal loan to pay off a credit card and her card. And originally, we were gonna pay a portion of the Amazon card and the truck. And I didn't pay the truck and I saved some of that extra money

• 46:11Speaker 01

  as cash.

• 46:16Speaker 02

  Wasn't the truck supposed to be paid off a while ago?

• 46:21Speaker 01

  I've just been making the payments.

• 46:23Speaker 02

  What do you still owe on the truck?

• 46:25Speaker 01

  Seven hundred dollars.

• 46:30Speaker 02

  That should have been paid off like a year ago.

• 46:32Speaker 01

  Yeah.

• 46:33Caleb Hammer?

  A year ago?

• 46:37Speaker 02

  What?

• 46:39Speaker 02

  Weren't you close to paying it off?

• 46:40Caleb Hammer?

  Also, no, it's seventeen hundred dollars that you still owe.

• 46:44Speaker 01

  Seventeen hundred, yeah.

• 46:47Caleb Hammer?

  You just tried to lie again.

• 46:51Speaker 01

  I forgot a number.

• 46:52Caleb Hammer?

  No, no, buddy. I think you lied to try to get out of pushback or to make her to

• 47:06Caleb Hammer?

  What is, what's going through your head right now? I feel so bad for you. I'm so sorry.

• 47:12Speaker 02

  I'm just really hurt.

• 47:14Caleb Hammer?

  Yeah.

• 47:17Speaker 02

  I just feel like I have no idea what's going on anymore.

• 47:26Caleb Hammer?

  I am so sorry.

• 47:30Caleb Hammer?

  You do not deserve this. And I don't even know what to say to you. I really don't. I know you're the one that's watched the show for a long time, right?

• 47:39Speaker 01

  Yes.

• 47:40Caleb Hammer?

  But I don't even know what to say to you. And I wanna like give her like the biggest hug in the world. You know, I feel so bad for her and you've just and you just immediately lied again when you said how much was left. To try to get your ass out of a situation that you she thought it was supposed to be paid off a year ago, she just said? What the is wrong with you?

• 48:03Speaker 02

  Okay, walk me through this situation. What happened? How did?

• 48:07Speaker 01

  I

• 48:07Speaker 02

  How'd you get here?

• 48:09Speaker 01

  I just, we were so far ahead in payments that I didn't owe anything for a while. And it said I had no minimum payment, so I just didn't pay for it. For a couple of months and that money I took, I used for our trip when we went to Cabo.

• 48:23Caleb Hammer?

  You guys went to Cabo?

• 48:29Speaker 01

  And so when the payment finally came, that I wasn't caught up, I had to make the minimum monthly again. And I made it and then I forgot about it and then I had to pay two payments.

• 48:44Speaker 02

  I still don't see how we were so close to paying it off and then

• 48:50Speaker 02

  you owe more than what I thought we did when we were just a few months away from paying it off.

• 48:57Speaker 01

  I think that because I missed the payment, it added money to it.

• 49:03Speaker 02

  That doesn't make any sense.

• 49:07Speaker 01

  And I didn't pay on it for three months because there was no minimum monthly, which charges interest.

• 49:12Speaker 02

  But why would you not just pay it so that you can pay it off?

• 49:15Speaker 01

  Because I wanted money to spend while we were in Cabo.

• 49:18Speaker 02

  That's when you save money. You don't just

• 49:20Speaker 01

  I did save money. By not spending it on the truck.

• 49:26Speaker 02

  That doesn't make any sense.

• 49:32Speaker 02

  Then we

• 49:35Speaker 02

  we knew about Cabo for a long time. We could have saved money for that.

• 49:39Speaker 01

  But we didn't save any money. I saved money for it. The only reason we had any money to spend while we were there was because of me.

• 49:55Speaker 02

  You.

• 49:57Speaker 02

  You make trips. And you plan them so that you have the money when you need it.

• 50:03Speaker 02

  We knew about that for over a year.

• 50:05Speaker 01

  Yes.

• 50:07Speaker 02

  We could have done things to put away money before.

• 50:09Speaker 01

  But we didn't. And we didn't talk about it. You didn't save any money. So I used that opportunity to save money to spend money in Cabo.

• 50:19Speaker 01

  At my truck payment, I didn't have to pay for three, four months. So it was fine. In my head, it was fine.

• 50:25Speaker 02

  But if you would have just paid it off. Then the money that you would have been putting towards your truck would have been that extra spending money.

• 50:32Speaker 01

  Yeah, but the truck didn't need to be paid off right then. Needed spending money for Cabo.

• 50:39Caleb Hammer?

  But she thought you paid off the truck. You agreed to pay off the truck.

• 50:46Speaker 01

  Yes.

• 50:47Caleb Hammer?

  How the can you possibly have that opinion then? How is that opinion even possible to have?

• 50:53Speaker 01

  I don't know. I mean.

• 50:54Caleb Hammer?

  You went against what you both agreed on. And you're saying it's okay because it's your money?

• 51:04Caleb Hammer?

  Are you okay?

• 51:06Speaker 02

  Not really, no.

• 51:08Caleb Hammer?

  Yeah.

• 51:10Caleb Hammer?

  What's going through your head right now?

• 51:15Speaker 02

  I just. Every time we talk about this. I feel like it gets worse and worse.

• 51:21Caleb Hammer?

  Mm hmm.

• 51:22Speaker 02

  And.

• 51:25Speaker 02

  There's just always something else. Waiting.

• 51:29Caleb Hammer?

  Is there anything else, man? Is there anything else that I don't know that she doesn't know?

• 51:35Speaker 01

  The Amex is higher.

• 51:37Caleb Hammer?

  Huh?

• 51:37Speaker 01

  The Amex credit card is higher.

• 51:40Speaker 02

  How much higher?

• 51:42Speaker 01

  Two thousand forty nine dollars.

• 51:47Caleb Hammer?

  How can you feel like this?

• 51:52Speaker 02

  I don't know what to do.

• 51:55Speaker 02

  I don't.

• 51:57Speaker 02

  I hate saying I'm not the problem.

• 52:00Caleb Hammer?

  You're not the problem. You're not the problem.

• 52:02Speaker 02

  I don't know what to do to change.

• 52:06Caleb Hammer?

  You can't.

• 52:07Speaker 02

  What conversations to have to make things different.

• 52:10Caleb Hammer?

  You can't. It's kind of. It's in a way, less the addiction side, but still the behavior of an addict. The dude's not gonna change unless he changes. And if he doesn't, you're essentially just allowing yourself to stay with an alcoholic forever. And I don't, that's so hard to say for someone that just had a kid. It's so hard to say for someone that loves the person in front of them. But oh my. What is going through your head right now?

• 52:45Caleb Hammer?

  You fuck up with, listen to your language. You don't give a fuck and you're not gonna change.

• 52:53Caleb Hammer?

  Do you think he's gonna change? Doubt in your heart. I know you hope. Do you think?

• 52:59Speaker 02

  I think he can.

• 53:00Caleb Hammer?

  You think he can, but you've been with him this entire time. So answer the question. Do you think he's going to change?

• 53:13Speaker 02

  No.

• 53:18Caleb Hammer?

  That's fucking real, man.

• 53:19Speaker 01

  Yeah.

• 53:22Speaker 01

  Yeah. My own wife doesn't have faith in me.

• 53:27Caleb Hammer?

  You're smiling and laughing.

• 53:29Speaker 01

  I'm trying to get through the pain.

• 53:33Caleb Hammer?

  Why would she have faith in you?

• 53:35Speaker 01

  I don't know. At this point.

• 53:37Speaker 02

  You're giving me a whole off, a whole lot to go off of.

• 53:41Caleb Hammer?

  Oh my gosh.

• 53:56Caleb Hammer?

  I feel so bad for you. I want everything in my heart right now is I want to fix this for you. You have no idea. I feel so bad for you. And I would do like anything right now to fix this for you. But there's nothing I can do.

• 54:21Caleb Hammer?

  It's all on, it's all on him. And you're right. It's not a situation where you can leave. You're not in a position to. You're trapped. You're trapped and you've given up as well. Trapped, you've given up as well. Obviously, I'm gonna sit you guys down with a therapist. Three sessions for free with Sondermine. Well, I'm lucky that I'm able to gift that because of them, because home, I fuck if there's ever been anyone that needs therapy. You might need your own therapy.

• 54:56Speaker 02

  I've been in counseling lately.

• 54:59Caleb Hammer?

  Why?

• 55:02Speaker 02

  Mostly just work stress, but just kind of everything.

• 55:05Caleb Hammer?

  Is it work stress?

• 55:06Speaker 02

  It really is.

• 55:07Caleb Hammer?

  Okay. Okay.

• 55:12Caleb Hammer?

  Mattress firm.

• 55:16Speaker 02

  That one's in my name. That was whenever we bought our mattress and.

• 55:23Caleb Hammer?

  So some of it is you.

• 55:25Speaker 02

  I mean, that one, we did need a bed, so we bought a bed.

• 55:29Caleb Hammer?

  Did you need a?

• 55:30Speaker 03

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• 55:59Caleb Hammer?

  I have $1,228 bed.

• 56:01Speaker 02

  I might have been talked into that one.

• 56:03Caleb Hammer?

  I have a really nice mattress and it's not that much. What the?

• 56:07Speaker 01

  It's the best mattress in the world.

• 56:09Caleb Hammer?

  Yeah. We get that when we can afford it.

• 56:13Speaker 02

  We could have just gone with the mattress. But I was talked into everything, the adjustable base, which was not necessary. So that was probably two thousand dollars.

• 56:24Caleb Hammer?

  How many use it? Every night.

• 56:27Speaker 02

  When you're home, you use.

• 56:29Caleb Hammer?

  Four days a week.

• 56:30Speaker 02

  I do not.

• 56:30Caleb Hammer?

  Four days a month.

• 56:31Speaker 02

  I don't use it if it's just me.

• 56:32Caleb Hammer?

  Then why is the remote on the bed when I come home every time?

• 56:37Speaker 02

  Um, I use that the other night when I want to go to sleep. I tried to set it up, but it didn't help anything. Um.

• 56:46Speaker 02

  Yeah.

• 56:53Caleb Hammer?

  It expires in a year and a half.

• 56:57Caleb Hammer?

  Okay, but how many months is left in order to get it? We got twelve plus five.

• 57:06Caleb Hammer?

  Okay, so we've got eighteen months to pay this off. You have five thousand two hundred twenty eight.

• 57:12Caleb Hammer?

  Point three four divided by eighteen. You guys need to make payments of two hundred ninety. Minimum payment is a hundred eighty three. You need to make payments to two ninety. Two ninety, two ninety one.

• 57:22Speaker 02

  That's weird, cuz.

• 57:23Caleb Hammer?

  You're not doing that.

• 57:24Speaker 02

  No, whenever we had set up the payments, they said there was a certain period of time that we could have it paid off. Um, and it wasn't gonna charge any interest.

• 57:32Caleb Hammer?

  Yeah, nine twenty seven, twenty twenty six. I mean, I might be off by a month, which moves the number down to the two sixty two you paid.

• 57:38Speaker 02

  Yes, cuz I figured it out and I knew I was paying more than.

• 57:41Caleb Hammer?

  We'll say two sixty two.

• 57:42Speaker 02

  Okay, cuz I knew I was making more than the minimum cuz I was trying to get it paid off before it started charging interest.

• 57:49Caleb Hammer?

  What does tonight look like when we leave here? A long conversation back home.

• 57:54Speaker 02

  Probably some more tears.

• 57:55Caleb Hammer?

  Are you actually going to have a conversation? I'm going to. She'll try. Yeah. What does your attempt look like? Not yelling. Do you yell? Occasionally.

• 58:07Speaker 02

  He gets heated.

• 58:09Caleb Hammer?

  What do you yell about? This is all you. I know. So what do you yell? That I don't wanna talk about it.

• 58:18Caleb Hammer?

  Is that what he yells?

• 58:19Speaker 02

  Pretty much, um.

• 58:22Speaker 02

  It's about normally how it goes.

• 58:38Caleb Hammer?

  Yeah. I mean, it's already charged almost a thousand dollars in deferred interest, so don't pay this off. By then, like, three thousand dollars of interest is gonna hit, not more.

• 58:49Speaker 02

  Okay.

• 58:50Caleb Hammer?

  Cause it's charging at thirty-five percent.

• 58:52Speaker 01

  Thirty-five percent, wow.

• 58:55Speaker 02

  That's high.

• 58:57Caleb Hammer?

  Okay, Academy. What is this?

• 59:01Speaker 01

  Uh, that is my card. I, uh, went to Academy with a friend of mine and they had some jackets on clearance during, when it was cold.

• 59:10Speaker 02

  You couldn't have just bought them? Rather than put them on a credit card?

• 59:14Caleb Hammer?

  What do you think's happened here?

• 59:18Caleb Hammer?

  Do you have any insight into this card?

• 59:19Speaker 02

  No, I didn't know about it till... I mean, I knew the card was there, but normally, there's not a balance on it, so...

• 59:25Caleb Hammer?

  Tell her what happened.

• 59:27Speaker 01

  I hit a late fee.

• 59:31Speaker 01

  Cause I forgot I used the card.

• 59:35Speaker 02

  Maybe you shouldn't use the cards, and then there's not a late fee.

• 59:40Speaker 02

  If you would've just bought it outright with a debit card, you wouldn't have had to worry about that.

• 59:44Speaker 01

  There was no money in the debit card.

• 59:46Speaker 02

  Then maybe you don't spend money you don't have.

• 59:48Speaker 01

  Well...

• 59:49Speaker 02

  It's really simple.

• 59:50Speaker 01

  I needed a jacket.

• 59:51Speaker 02

  Because you didn't have any at home?

• 59:53Speaker 01

  I couldn't leave work to go get a jacket.

• 59:59Speaker 02

  Did you have a jacket?

• 1:00:00Speaker 01

  Not a, not a work jacket.

• 1:00:05Speaker 02

  Okay.

• 1:00:08Speaker 01

  They were on sale.

• 1:00:10Caleb Hammer?

  You have a late fee.

• 1:00:13Speaker 02

  For a jacket?

• 1:00:14Speaker 01

  For a jacket, two jackets.

• 1:00:17Speaker 01

  They're nice jackets.

• 1:00:18Caleb Hammer?

  Why'd you need two?

• 1:00:20Speaker 01

  They were on sale.

• 1:00:21Speaker 02

  Why do you need any more?

• 1:00:25Speaker 01

  I like jackets, they're dress jackets. They look decent. I have to dress presentable.

• 1:00:33Caleb Hammer?

  Look, you all know I love calling people out on their financial train wrecks.

• 1:00:39Caleb Hammer?

  We've tackled credit cards, payday loans, and more. But there's one giant moneymaker we've only scratched the surface on: real estate.

• 1:00:47Speaker 02

  I have five houses.

• 1:00:48Caleb Hammer?

  That's right, the buy a house, get rich game. And that's if you play it right. You see, my own journey started in sales with tens of thousands of dollars in bad debt. I was that dude. But once I hustled my face off and wiped the stake clean, I realized the real wealth-wielding power: investing, and real estate in particular. I saved for some years, put down on my first home, watched it grow in value, and then snowballed that equity into multiple rentals, and ultimately, the condo where I started filming these chaos-filled financial audits you guys love. And that's why I'm thrilled to announce my brand-new course, Master Your Real Estate. I'm pouring everything I know into how I went from broke and basically mooching cheap

• 1:01:29Caleb Hammer?

  rent to leveraging property appreciation, collecting rent checks, and scaling up. And as a thank you for buying at launch, you'll be able to get the course at over 30% off through March 31st. And for the first 250 people who sign up, you'll get access to my exclusive Q&A where I deep dive into my real estate portfolio. So, listen, this is the blueprint I wish I had when I was scraping by. My system will show you how to understand market cycles, so you're not buying at the worst possible times. Spot a money pit versus a gem. Build a mini empire of rentals that send you a paycheck while you're napping. And I'll also show you stuff like the BRRRR, or BRRRR, method: buy, rehab, rent, refinance, repeat. Commercial deals, plus the not-so-boring side of mortgages and home inspections.

• 1:02:14Caleb Hammer?

  Basically, all the do's and don'ts that could save you from a midnight roof collapse. There's no gimmicks, no rocket science, just real strategies I used to transform my net worth from zero to hundreds of thousands of dollars before I started this YouTube channel. So, if you're ready to get the house of your dreams, finally wrap your head around mortgages and not get bamboozled, learn how real estate can become your biggest wealth booster. Then, master your real estate. Real estate is your next move. Sign up for the course today, lock in that massive discount only through the end of this month, and dive into the world of real estate investing. Seriously, real estate has changed my life and it can change yours too.

• 1:02:54Caleb Hammer?

  Let's go make real estate your next big win. And remember, we always offer a 30 day money back guarantee, but we have the lowest refund rate in the industry for a reason. I bring the value. Check it out, link in the description below.

• 1:03:14Caleb Hammer?

  Well, of course, interest is charging. We have a $37 minimum payment and absolutely nothing's happening here. We're sitting at $206.13 of what she thought was zero. You went and bought a jacket.

• 1:03:31Caleb Hammer?

  Two jackets.

• 1:03:35Caleb Hammer?

  Why'd you get this card?

• 1:03:39Speaker 01

  I've had that card for a while. I can't remember the original reason I got the card.

• 1:03:43Caleb Hammer?

  You told Lindsay, the producer, because you were bored and you wanted a gold card.

• 1:03:48Speaker 01

  That was the Amex.

• 1:03:49Caleb Hammer?

  Oh, that's the next card?

• 1:03:54Caleb Hammer?

  Yeah, this is at 36% this card, the card we're just talking about. 36%. You're just sitting, you're not even paying. Sitting, not even paying. Well, your wife is at home trying to raise your kid and also work.

• 1:04:15Caleb Hammer?

  Mary Express, is this the one you said is higher?

• 1:04:16Speaker 01

  Yes.

• 1:04:17Caleb Hammer?

  So what is it now?

• 1:04:19Speaker 01

  3,000 something?

• 1:04:21Caleb Hammer?

  It went up $2,000?

• 1:04:23Speaker 01

  Yes.

• 1:04:24Caleb Hammer?

  $2,000?

• 1:04:30Speaker 02

  For what?

• 1:04:32Caleb Hammer?

  Yeah, for what?

• 1:04:33Speaker 01

  So I thought my RV rent was automatically paid and it was not.

• 1:04:39Caleb Hammer?

  For rent on a credit card?

• 1:04:41Speaker 01

  Yeah, so the, I was behind three months because I thought it was an automatic withdrawal and it wasn't.

• 1:04:47Caleb Hammer?

  You didn't know that?

• 1:04:49Speaker 02

  I knew he was paying for it on the credit card, but I-

• 1:04:51Caleb Hammer?

  Oh, for sake, I asked if there's anything else you're hiding. You were behind three months, you didn't even know.

• 1:04:59Speaker 01

  And so I had to pay for it.

• 1:05:02Speaker 02

  How did they let you get behind?

• 1:05:04Speaker 01

  They didn't even know. I talked to the park manager. She had no idea.

• 1:05:11Caleb Hammer?

  Genuine question for the audience.

• 1:05:15Caleb Hammer?

  The other member, these are just real people from the audience, just like you can be if you apply, but uh, but but but but question with the um, feeling and empathy and everything that is whatever going through my head right now. Wow, do you rescue somebody that literally kinda can't be rescued and doesn't want to be rescued? And you also feel weird about asking because they have a kid, you can't tell them to leave the guy. And also it's weird to tell people to leave someone. And also how the do you do it? Especially when they don't make money? What the do you do?

• 1:05:47Caleb Hammer?

  I don't know what to do. I don't want you in this situation and I don't know what to do. I can get you guys out of debt. That depends on him changing. You agree with me that you don't think he's gonna change. Uh, what the do I do about you? Cause you're the one I want to save here. How the? You're the fan of the show, but she's the one I like.

• 1:06:09Speaker 01

  That's usual.

• 1:06:10Speaker 02

  I don't know. I'm really hoping this wakes him up.

• 1:06:15Caleb Hammer?

  Hope.

• 1:06:17Speaker 02

  That's all I have at this point.

• 1:06:18Caleb Hammer?

  How long have you been hoping?

• 1:06:20Speaker 02

  A while.

• 1:06:21Caleb Hammer?

  Exactly.

• 1:06:26Caleb Hammer?

  Yeah, interest is accruing twenty nine bucks, fourteen cents. Got some pay overtime stuff. Forty dollar, forty seven cent. No, well, the minimum payment is probably like hundred twenty now.

• 1:06:38Speaker 01

  Do you want me to check?

• 1:06:39Caleb Hammer?

  No, it's probably hundred twenty if it's three times the balance, I'm gonna Hulu Hulu Hulu. Hulu and Smith Outdoor.

• 1:06:49Speaker 01

  What is Smith Outdoor?

• 1:06:51Caleb Hammer?

  Some S M M two, two out, S M M T Outdoor.

• 1:06:58Speaker 01

  Oh, Summit Outdoor. I bought a cup. That I saw on Instagram.

• 1:07:04Speaker 02

  On a credit card.

• 1:07:05Speaker 01

  On a credit card.

• 1:07:06Caleb Hammer?

  Yeah, let's get along normally.

• 1:07:09Speaker 02

  Others in finances, yes.

• 1:07:10Caleb Hammer?

  But how often is that versus finances?

• 1:07:13Speaker 02

  Uh, I would.

• 1:07:14Speaker 01

  We get along just fine.

• 1:07:16Speaker 02

  Most of the time, yeah.

• 1:07:17Caleb Hammer?

  Okay.

• 1:07:18Speaker 01

  I think.

• 1:07:19Caleb Hammer?

  Is finances? How often is that?

• 1:07:21Speaker 01

  I think we have a good spout once a month.

• 1:07:25Speaker 02

  About finances, probably, yeah.

• 1:07:26Speaker 01

  And it probably needs to be more often.

• 1:07:30Caleb Hammer?

  Why is it even a spout, though? What defense do you? You don't have a defense.

• 1:07:34Speaker 01

  I just feel like I'm being attacked. Like, I'm not allowed to spend.

• 1:07:38Caleb Hammer?

  Because you are the problem. You legitimately are.

• 1:07:42Speaker 01

  Yeah.

• 1:07:44Speaker 02

  I don't think he likes addressing it. He'd rather it just be hidden and he hopes that it'll figure itself out on its own somehow.

• 1:07:53Speaker 02

  But that's not how it works.

• 1:07:54Caleb Hammer?

  You, dude, you shouldn't have access to a credit card. You can't manage your credit cards. You can't, you can't manage having access to credit. Again, you can use, just like everyone in the audience and on the show, you can use the FIS card. Cause it's a debit card that builds credit if you really care about that part, if you want fun, but you can't do this. I would just close these accounts.

• 1:08:15Caleb Hammer?

  You already have the house, so what credit are you shopping for?

• 1:08:23Speaker 02

  It's a lot of paper.

• 1:08:25Caleb Hammer?

  HEB card?

• 1:08:27Speaker 01

  Yeah.

• 1:08:29Caleb Hammer?

  Never even heard of this.

• 1:08:31Speaker 01

  Yeah.

• 1:08:32Speaker 02

  Apparently, it's a new thing.

• 1:08:37Speaker 01

  That was my doing as well.

• 1:08:42Caleb Hammer?

  Okay. HEB, never thought I'd write that down in the debt column. Okay, with a new balance of eight, uh, four hundred eighty-three dollars and ninety-five cents, the minimum payment of twenty-five dollars. It was six hundred eighty-three dollars and ninety-five cents of purchases.

• 1:08:58Speaker 02

  When he told me about that, when I said the only way that we're gonna have that and use that is if we're literally going buying groceries and then immediately paying off. And he said, that's what we would do. And that has not happened, obviously.

• 1:09:12Speaker 02

  Otherwise, it'd be a zero balance.

• 1:09:16Caleb Hammer?

  Just really don't get it. It's not even all HEB. There's a Wyndham. Yeah, like buying something in a hotel lobby. Then what is Murdoch Ranch and Home for $261? That's not HEB. And she doesn't even know this. Again, she doesn't even know this. I'm looking at her reaction.

• 1:09:33Speaker 01

  For the Murdoch. She was with me.

• 1:09:36Speaker 02

  Why would you put it on the HEB card?

• 1:09:38Speaker 01

  That was the one I had in my hand.

• 1:09:41Caleb Hammer?

  What the is that? Put another one in your hand?

• 1:09:44Speaker 01

  I did. I don't carry my wallet very often, so I use.

• 1:09:46Caleb Hammer?

  Why?

• 1:09:47Speaker 01

  Cause I my phone does everything for me.

• 1:09:50Caleb Hammer?

  Except for using a card. That makes more sense. Like a debit card for you.

• 1:09:59Caleb Hammer?

  All I'm saying is the amount of money you just you guys have spent on bull by the way, literally, if you just fucking if you just if you were just putting that in the mu mu app, the like the investing app that I use, if it's literally sitting there uninvested with the signup rewards when you put in like $2,000 and all that stuff, you get like a literal like 16% return on your money, which is better than you even get on an average stock market year. So like this is so stupid what you guys are doing. It's all going to interest instead. It's all going to interest instead and stupid.

• 1:10:28Caleb Hammer?

  It's stupid. I don't know what to do. I just feel bad for you. Apple card.

• 1:10:33Speaker 02

  That one's mine.

• 1:10:34Caleb Hammer?

  Is this paid off normally?

• 1:10:36Speaker 02

  Uh, normally it is. Um, last year, most of the year it did carry a balance. Um, for plane tickets.

• 1:10:44Caleb Hammer?

  So you're carrying a balance now?

• 1:10:45Speaker 02

  Uh, I think there's like $200 on it right now, but.

• 1:10:48Caleb Hammer?

  Why? So it's not all him?

• 1:10:52Speaker 02

  But I pay mine off every month.

• 1:10:54Caleb Hammer?

  But you said there's a balance on here.

• 1:10:55Speaker 02

  There's a balance, but it's from the past month, so it's not due yet until the.

• 1:10:58Caleb Hammer?

  Oh, but you pay it off every month?

• 1:11:00Speaker 02

  Yes.

• 1:11:00Caleb Hammer?

  Okay, then that doesn't have to go in the the column then. When's the last time it wasn't paid off and interest accrued?

• 1:11:06Speaker 02

  Uh, probably about six months of last year. We bought plane tickets.

• 1:11:11Caleb Hammer?

  When was the last one, though? Like, how long has it been paid off every month by?

• 1:11:16Speaker 02

  Um, probably the past five or six months.

• 1:11:19Caleb Hammer?

  Then I won't write the balance down. I mean, it's still, uh, this is your card? You're going out to eat all the time, Whataburger, Starbucks, Starbucks. Or then there's some other things in there as an urgent care and a health thing, but I mean, going out to eat and getting some Starbies.

• 1:11:33Speaker 02

  That's not very often. I can say that.

• 1:11:35Caleb Hammer?

  It's not very often. It was three times within the month. And obviously, we don't have the full package. Yeah, in terms of. What has been spent across the board, just on one card, you know, just thinking of priorities of money.

• 1:11:51Caleb Hammer?

  Let me see if that's confirmed though. Yeah, no interest. Good. Okay. Good. Verizon, Synchrony Verizon card, why?

• 1:12:01Speaker 01

  Uh, I originally got the card because it gave you money off of your bill. And I was-

• 1:12:07Caleb Hammer?

  But now you're accruing interest.

• 1:12:08Speaker 01

  I was paying it off-

• 1:12:09Caleb Hammer?

  There's purchases on a Verizon card? The f- why?

• 1:12:13Speaker 01

  Our new phones.

• 1:12:15Caleb Hammer?

  You just got new ph- that doesn't make sense. You didn't get a $245 phone, did you?

• 1:12:20Speaker 01

  No.

• 1:12:21Caleb Hammer?

  Then what are you talking about?

• 1:12:24Caleb Hammer?

  Cause that was how many purchased-

• 1:12:25Speaker 01

  That's the, that's the monthly bill.

• 1:12:27Caleb Hammer?

  Oh, but you're accruing interest. You're not saving any money with $26.96 of interest. What fucking money are you saving at the $41 minimum monthly payment?

• 1:12:38Caleb Hammer?

  Hmm, yeah, that's great. Just this alone without putting any more purchases on, which is by the way impossible because you put your minimum monthly payments on this? How long does it take to just pay off this $1,136? How long does this take to pay off?

• 1:12:52Speaker 01

  With just putting monthly, monthly minimum?

• 1:12:54Caleb Hammer?

  Yeah, without adding any higher balances, which are impossible.

• 1:12:57Speaker 01

  16 months?

• 1:12:59Caleb Hammer?

  How long do you think?

• 1:13:00Speaker 02

  I have no idea.

• 1:13:01Caleb Hammer?

  You'll be 30.

• 1:13:03Speaker 01

  Holy sh-

• 1:13:06Speaker 02

  Wow.

• 1:13:10Caleb Hammer?

  Just to pay off $1,136.

• 1:13:13Speaker 02

  That's crazy.

• 1:13:14Caleb Hammer?

  What the f- are we doing?

• 1:13:20Caleb Hammer?

  USAA.

• 1:13:26Caleb Hammer?

  Is this his?

• 1:13:27Speaker 02

  Uh, we're both on it.

• 1:13:29Caleb Hammer?

  Who's spending?

• 1:13:30Speaker 01

  Me.

• 1:13:32Caleb Hammer?

  Of course. $1,567.41 with a $47 minimum monthly payment. Actually, no spending was done on this, but interest is accruing.

• 1:13:44Caleb Hammer?

  How long does this take to pay off, guys? Just doing the minimum payment without purchases?

• 1:13:48Speaker 02

  A long time.

• 1:13:49Speaker 01

  Three years.

• 1:13:50Caleb Hammer?

  Three years? How long? What do you think?

• 1:13:52Speaker 02

  Probably six.

• 1:13:53Caleb Hammer?

  Okay, you'll be forty.

• 1:13:54Speaker 02

  Oh my god. That's ridiculous.

• 1:13:58Caleb Hammer?

  Yeah, literally almost double your age. That you've, well, no, that's not true.

• 1:14:03Speaker 02

  Not quite.

• 1:14:06Speaker 02

  But, that's crazy.

• 1:14:10Caleb Hammer?

  Verizon one makes no sense anyway. I mean, I know where you guys live. You have good T-Mobile coverage. I would just do something like helium for fifteen bucks a month per line. It's like, I, I just don't understand why, okay. Is this, I don't, why pay for the name brand when you don't have to these days? Huge interest rate on there. Oh my gosh, okay, there's still a lot to go through. What is this? What is this? Unsecured fixed rate loans? Is this a personal loan? What am I looking at?

• 1:14:33Speaker 01

  A personal loan.

• 1:14:36Caleb Hammer?

  See the original loan amount, what's the current?

• 1:14:41Caleb Hammer?

  When did you get this? Cause the current balance is basically the same. What was this personal one for? Thirty-five thousand, one hundred sixteen dollars and fifty-seven cents?

• 1:14:48Speaker 01

  To pay off the Amex.

• 1:14:50Speaker 02

  Debt consolidation.

• 1:14:51Caleb Hammer?

  Oh, and how did that work?

• 1:14:53Speaker 01

  It didn't.

• 1:14:53Caleb Hammer?

  Yeah, exactly. Without changing the behavior which you are incapable of, which he is incapable of, of which you have no hope of him even doing. No, you have hope, you just don't believe he will. Then, obviously, this does nothing, cause then you just owe double the debt. You consolidate it, then you build it all the way back up. And guess what? We built it all the way back up, right? So, personal one again, thirty-five thousand, one hundred sixteen dollars and fifty-seven cents. It's an insane balance. Basically doubles where we are that we've talked about already, if not more. Six hundred, no, well, that's the interest. Um, what's the minimum to payment?

• 1:15:27Speaker 02

  It's like seven hundred and something.

• 1:15:29Speaker 01

  Seven seventy-two.

• 1:15:31Caleb Hammer?

  Jeez. That just eats a huge chunk from your guys' actual take-home pay. That's crazy. That is crazy. That was the Amazon card and the Amex. The Amazon card now is at twelve thousand dollars and the Amex is at three. So we just built them all the way back up! Are you checking your phone? Uh, is this not good? Are we, are you not learning anything?

• 1:15:55Speaker 01

  The minimum.

• 1:15:56Caleb Hammer?

  Where are we not learning? Okay.

• 1:15:57Speaker 01

  Yeah, I was wrong. It was, it's seven forty-four sixty-nine.

• 1:16:01Caleb Hammer?

  Mm-hmm, eighty-one months remaining on this. That's it.

• 1:16:07Speaker 02

  A while.

• 1:16:10Speaker 02

  That's

• 1:16:10Caleb Hammer?

  What a joke. How does this thing continue? How does this actually continue? Like your guys' marriage, how does this continue? I don't know.

• 1:16:24Caleb Hammer?

  What is this? It's 6%, so it's a little on the lower side. It's still not good, though. But it's 400. Your RV?

• 1:16:31Speaker 01

  Yeah.

• 1:16:34Caleb Hammer?

  Stop.

• 1:16:36Caleb Hammer?

  So RV?

• 1:16:37Speaker 01

  Yeah.

• 1:16:38Caleb Hammer?

  Is this the one you're behind on?

• 1:16:41Caleb Hammer?

  Wait, so we have an RV and you have an extra thing that you're renting?

• 1:16:44Speaker 01

  No, the RV is what I live in.

• 1:16:46Caleb Hammer?

  What was this thing you were behind on by three months?

• 1:16:48Speaker 02

  You have to pay the rent.

• 1:16:50Caleb Hammer?

  The rent on what?

• 1:16:51Speaker 02

  At the RV park.

• 1:16:51Speaker 01

  RV park.

• 1:16:56Caleb Hammer?

  What a joke. Forty-four thousand, seven hundred eighty-eight dollars and sixty-three cents.

• 1:17:04Caleb Hammer?

  Minimum monthly payment. These are getting disgusting now. Five hundred fifty dollars and twenty-four cents. What the are we doing, guys? What are we possibly doing?

• 1:17:15Speaker 02

  There's a lot of bills.

• 1:17:18Caleb Hammer?

  Lot of bills?

• 1:17:18Speaker 02

  Unnecessary bills.

• 1:17:20Caleb Hammer?

  On this, what?

• 1:17:21Speaker 02

  No, I'm just like, all of that is just unnecessary.

• 1:17:25Caleb Hammer?

  Yeah, sixty thousand, sixty-two thousand dollar RV?

• 1:17:30Speaker 01

  Well, we tried to buy a home in 2021.

• 1:17:33Speaker 02

  Yeah.

• 1:17:33Speaker 01

  And we kept getting outbid in the market.

• 1:17:36Caleb Hammer?

  So you rent and save up and more to make a more competitive offer also is 2021. You guys would have an incredible time buying now. It's a buyer's market.

• 1:17:45Speaker 01

  So we bought the RV because of my job.

• 1:17:48Caleb Hammer?

  So we buy depreciating asset. Great.

• 1:17:49Speaker 01

  Yep.

• 1:17:53Caleb Hammer?

  It really, ah, the minimum payment on this is eight hundred seventy-six dollars. Eight hundred seventy-six dollars and three cents. Forty thousand dollar, two hundred fifty-five dollars, seventy-one cent. Balance on a fucking Hyundai 2023 Palisade.

• 1:18:12Caleb Hammer?

  Palisade.

• 1:18:13Speaker 02

  That's my car. We bought that when I was.

• 1:18:16Caleb Hammer?

  Do you really need this?

• 1:18:18Speaker 02

  No.

• 1:18:19Caleb Hammer?

  Then why? Why do you have this? It's worth eighteen thousand and you owe forty thousand on it. It's worth eighteen thousand.

• 1:18:24Speaker 02

  That's sad.

• 1:18:26Caleb Hammer?

  Not only is it sad, but we're not getting out of it. There's no, there's no borrowing to get out of it than getting a cheaper car, also borrowing and paying it off.

• 1:18:33Speaker 02

  That's the main reason I didn't want to buy a brand new car. But.

• 1:18:39Caleb Hammer?

  Didn't want to? Then why did you?

• 1:18:42Speaker 01

  I wanted to.

• 1:18:44Caleb Hammer?

  But it's not even your driver.

• 1:18:46Speaker 01

  No, we were.

• 1:18:49Caleb Hammer?

  We were what?

• 1:18:50Speaker 01

  We were expecting and I wanted her to have a new vehicle to be safe.

• 1:18:54Caleb Hammer?

  Oh, it's a safety thing. What? Do you think twenty twenty two was all of a sudden just a wildly dangerous year of car?

• 1:19:00Speaker 01

  Well, the problem with the twenty twenty two and the twenty twenty three was they were the same price.

• 1:19:04Caleb Hammer?

  What about twenty twenty one? Do you think that was a wildly dangerous time? Twenty twenty, twenty nineteen, twenty eighteen, where was everyone dying? I don't remember that.

• 1:19:13Speaker 01

  I don't.

• 1:19:14Caleb Hammer?

  I don't do. Was there a everyone was dying in their Hondas in twenty nineteen, twenty eighteen?

• 1:19:19Speaker 01

  Twenty twenty three was recommended as the safest vehicle.

• 1:19:22Caleb Hammer?

  Awesome. Were the other ones dramatically dangerous? Is that what you're saying?

• 1:19:26Speaker 01

  They're not dramatically dangerous. I just don't see.

• 1:19:28Caleb Hammer?

  I get it, but guess what? You no longer have money. You don't have money. Look at you guys. Look at you guys. She's been in tears half the episode because of what you're doing. Obviously, this isn't working.

• 1:19:40Speaker 01

  I wanted her to have a new car.

• 1:19:41Caleb Hammer?

  I know what you wanted and it's dumb as.

• 1:19:48Caleb Hammer?

  When she pushes back on things, is she ever able to win?

• 1:19:52Speaker 02

  No.

• 1:19:54Caleb Hammer?

  Why are you still with him? Even loving him? Why are you still with him? Cause how is this gonna turn out in the end? Sometimes you just have to fucking cut off what you love, man. Why are you still with him?

• 1:20:08Speaker 02

  Cause I see our future together.

• 1:20:10Caleb Hammer?

  The future of him dominating everything and you not having a single say? That's the future?

• 1:20:16Speaker 02

  No, I'm really hoping it's different.

• 1:20:18Caleb Hammer?

  Hoping. You've hoped for a decade.

• 1:20:22Speaker 02

  I still have hope. Somehow.

• 1:20:33Caleb Hammer?

  What's the interest rate on that?

• 1:20:35Speaker 02

  I think it's 5.99.

• 1:20:38Caleb Hammer?

  It's not the worst, it's not the greatest, appreciate an asset. Uh, 5.09 on the Navy Federal, what is Navy Federal? For, oh, oh, this is the truck that she thought was paid off.

• 1:20:49Speaker 01

  Yeah.

• 1:20:50Caleb Hammer?

  Yeah, 1,721 dollars and 46 cents with a minimum monthly payment of 365.68. Okay, cool.

• 1:20:59Caleb Hammer?

  And it's actually worth like, almost $10,000.

• 1:21:04Caleb Hammer?

  So cool, we're gonna have a car paid off pretty soon and we're gonna have some equity, it's gonna be paid off in a while, like five, six months. Alright, cool.

• 1:21:17Caleb Hammer?

  Because you can't tell the full truth, why don't you tell us what's up?

• 1:21:23Speaker 01

  I just love that truck.

• 1:21:25Caleb Hammer?

  Yeah, why don't you tell us what's up in here, what's in the statement?

• 1:21:32Speaker 01

  I, uh, didn't make any payments to it, I need to make more.

• 1:21:35Caleb Hammer?

  He's past due on the truck.

• 1:21:37Speaker 02

  How far?

• 1:21:38Caleb Hammer?

  It's almost paid off, just a month, it's almost paid off though and he's past due.

• 1:21:49Speaker 02

  We have money in our account that we can make those payments, I don't know why.

• 1:21:54Speaker 02

  I don't know how you can't make the payments, or why you're not making the payments.

• 1:21:59Speaker 01

  I mean, I caught up.

• 1:22:02Speaker 01

  Now.

• 1:22:04Caleb Hammer?

  So you're okay with dri- cuz you're gonna have to with the car that you wanted her to get, that you now have to pay on and all this, all this stuff, you're gonna pay off this car pretty soon if you actually make your payments. You're okay with just driving this into the ground over the next 10 years, nothing else?

• 1:22:18Speaker 01

  Yeah, that was the goal when I bought the truck.

• 1:22:20Caleb Hammer?

  Lies.

• 1:22:21Speaker 01

  It also pulls my camera.

• 1:22:22Caleb Hammer?

  Lies, fucking lies.

• 1:22:27Caleb Hammer?

  I have someone in my ear. Oh, yeah. iPad that had a conversation with you when you weren't trying to just look good because you're getting pushed back on. I know exactly what you want to do. I want to buy. And that is a fucking lie. I want to buy another car. Yeah, what do you want to buy? A Tesla. Okay. And guess what? You guys have conversations. She says, no, we can't afford it. And you don't give a, you always win because you just do it. He's gonna go get a $45,000 Tesla Model Y. He's just gonna go do it. And there's nothing that can be done. And it's just, and that's just in your life now. And there's nothing you can do.

• 1:23:12Caleb Hammer?

  You're gonna deal with that forever for the next like six decades? You're just gonna let that happen? You're just gonna be okay with it?

• 1:23:22Speaker 02

  I don't know what else to do.

• 1:23:24Caleb Hammer?

  I don't want to tell you to leave, but.

• 1:23:33Caleb Hammer?

  See, what the fuck guys? What the?

• 1:23:44Caleb Hammer?

  Mortgage. Okay. What's the house worth today?

• 1:23:48Speaker 02

  Pretty much the same as what we bought it at.

• 1:23:49Caleb Hammer?

  Two sixty-five.

• 1:23:53Caleb Hammer?

  You owe $250,6796.13. It said a 6.625% interest rate as well. We're just about what we're getting. Eee, property taxes? $2,185.61 minimum payment. No, yeah, that makes about sense with that interest rate. Okay.

• 1:24:11Caleb Hammer?

  Okay.

• 1:24:15Caleb Hammer?

  One, two, three, four, five, six, seven, eight, nine, 10, 11, 12 debts.

• 1:24:21Speaker 02

  That's a lot.

• 1:24:22Caleb Hammer?

  Well done. And she has to sit and think about this and she wants to fix it and then you won't do anything to do it because this is a great, healthy relationship. What's up with this checking account? Which checking account is it? USAA federal, uh, USA, classic checkings. There's 941 in there.

• 1:24:43Speaker 01

  What's the?

• 1:24:45Caleb Hammer?

  I don't have the numbers. We blacked them off for privacy.

• 1:24:48Speaker 01

  It's either hers or mine.

• 1:24:49Caleb Hammer?

  I mean, I'm seeing like ga- what? Yeah, gas.

• 1:24:53Speaker 02

  It's gonna be the one that your paycheck goes into?

• 1:24:55Caleb Hammer?

  Going and getting some bullshit from the gas station, Roah's Kitchen, going in, getting something from the gas station, going and getting something from the gas station, Putters and Gutters, Apple Putters and Gutters, what the even is that? Going in and getting some BS Putters and Gutters, what is that?

• 1:25:08Speaker 01

  It's a entertainment place.

• 1:25:10Caleb Hammer?

  We're spending like thirty-six dollars every second of your life there. Going in, oh, well, Target, I don't even know, for two hundred and fourteen, who knows? Whataburger, Ranch and Home, Netflix, Apple Cash, send out eighty bucks. Uh, Minky Courture and Smoke City.

• 1:25:29Caleb Hammer?

  Who's Smoke City?

• 1:25:30Speaker 01

  Me.

• 1:25:30Caleb Hammer?

  What are you getting?

• 1:25:31Speaker 01

  A babe.

• 1:25:32Caleb Hammer?

  Why? Why, why accumulate all this debt, have her name on some of the thing, get lung cancer, die and put, leave her and the baby with it? You're very good at being selfish in this entire relationship. Good job. Apple Bill, Amazon, Spotify.

• 1:25:50Caleb Hammer?

  Patreon, Texas Roadhouse, I guarantee you our YouTube membership has a million times more content on a weekly basis than that Patreon, by the way. We've looked. We're for the most, I guarantee it. Apple, Amazon, Amazon, Apple. Onx Maps?

• 1:26:09Speaker 01

  Oh.

• 1:26:09Caleb Hammer?

  Onx Maps? What is that?

• 1:26:12Speaker 01

  It's a hunting app.

• 1:26:14Speaker 02

  It's.

• 1:26:15Speaker 01

  That, I will say, was a complete accident. So it's an annual-based payment.

• 1:26:20Caleb Hammer?

  Yeah, that you can cancel.

• 1:26:21Speaker 01

  That I canceled after it came out. I attempted to call and told them, I forgot, and they said, sorry.

• 1:26:28Caleb Hammer?

  Well, yeah, because you followed the contract and paid for it. Why the fuck did? Okay. Went in, got some, what are you getting in the gas stations all the time?

• 1:26:36Speaker 01

  Uh, energy drinks. And snacks.

• 1:26:39Caleb Hammer?

  Buy and balk, you fuck, you absolute. Starbucks. Okay, so who's that? Is that both of your spending or just his spending?

• 1:26:45Speaker 02

  Uh, that's both of ours.

• 1:26:47Caleb Hammer?

  What are we doing? That's so much money when we're supposed to be paying off this debt. Okay. Thousand four hundred fifty-seven in this checking account. What's up with this account?

• 1:26:55Speaker 02

  The one that my paycheck goes into and it's.

• 1:26:57Caleb Hammer?

  Looks like money just sent back and forth. Yep, just both. Two thousand six hundred two into this. What is this?

• 1:27:04Speaker 01

  That is.

• 1:27:04Caleb Hammer?

  This is savings.

• 1:27:05Speaker 01

  Oh, uh, that's our joint savings account that we use to pay the mortgage out of.

• 1:27:10Caleb Hammer?

  So it's not savings?

• 1:27:11Speaker 01

  No.

• 1:27:11Speaker 02

  No.

• 1:27:11Speaker 01

  We have another.

• 1:27:12Caleb Hammer?

  It's a checking account for mortgage.

• 1:27:13Speaker 02

  Separate account that we put mortgage into.

• 1:27:15Caleb Hammer?

  Count that money for anything, because we know your mortgage is two thousand one hundred eighty-five on a monthly basis. Okay, what about this savings? Two thousand three hundred?

• 1:27:23Speaker 01

  That is our savings.

• 1:27:24Caleb Hammer?

  Yeah, started a thousand, went up, so you put a little bit of money in there. Well, we're paying thirty-five, thirty-six percent interest on all the bullshit. Okay. T M R S.

• 1:27:34Speaker 02

  It's a retirement savings.

• 1:27:36Caleb Hammer?

  For which one?

• 1:27:37Speaker 02

  That's for mine.

• 1:27:40Caleb Hammer?

  Twelve thousand? Okay. Not bad. What about you?

• 1:27:45Speaker 01

  I have one as well.

• 1:27:46Caleb Hammer?

  And?

• 1:27:46Speaker 01

  It's at fifty-five thousand.

• 1:27:48Caleb Hammer?

  Not bad. Okay, at least we got that part of us going, guys. At least we have that part.

• 1:27:55Caleb Hammer?

  Okay.

• 1:27:57Caleb Hammer?

  Okay.

• 1:27:59Caleb Hammer?

  I.

• 1:28:03Caleb Hammer?

  I.

• 1:28:05Caleb Hammer?

  Listen, I'll gift you a course career certification, so we can hopefully find you a situation to make more money. And then that gives you the freedom to make a bigger life choice if you ever want to. Not that I necessarily want you guys to, I'm just saying. So. Whatever you want, we will gift it. Nine thousand dollars is our income. Okay, let's start figuring out how this budget looks like. And I can give you a debt payoff strategy potentially, or how long it takes to pay off, but it all depends on the actions you actually put into it. And right now, I mean, you literally admitted at the beginning that you don't care. So. Minimum monthly debt payments is three thousand four hundred eighty dollars ninety-five cents, not including the mortgage.

• 1:28:45Caleb Hammer?

  Mortgage, we have two thousand one hundred eighty-five sixty-one. What about utilities altogether?

• 1:28:52Speaker 02

  Um, they're probably about three hundred to three twenty.

• 1:28:55Caleb Hammer?

  We'll do three twenty. What about internet?

• 1:28:58Speaker 02

  Uh, one twenty.

• 1:28:59Speaker 01

  One twenty.

• 1:29:01Caleb Hammer?

  Damn. Gas, room from drive, drive for both.

• 1:29:05Speaker 01

  Um, hers would be different. Mine, so I have a company truck that I'm allowed to take home on weekends.

• 1:29:11Caleb Hammer?

  Mm hmm.

• 1:29:12Speaker 01

  But during the weekday, if I come home, I have to take my personal.

• 1:29:15Caleb Hammer?

  Yeah. So how much gas on a monthly basis?

• 1:29:17Speaker 01

  I haven't driven my truck except today in the last month and a half.

• 1:29:20Caleb Hammer?

  Okay. So no, nothing for this. Okay. What about you?

• 1:29:23Speaker 01

  On a monthly basis, you fill up three, four times?

• 1:29:25Speaker 02

  It's like once a week.

• 1:29:27Speaker 01

  Once a week?

• 1:29:27Caleb Hammer?

  How much a week?

• 1:29:28Speaker 02

  Like forty.

• 1:29:29Caleb Hammer?

  Okay.

• 1:29:30Speaker 01

  Hundred and sixty bucks.

• 1:29:31Speaker 02

  Yeah.

• 1:29:32Caleb Hammer?

  Car insurance is?

• 1:29:33Speaker 01

  Oh, three seventy two.

• 1:29:35Caleb Hammer?

  For both?

• 1:29:35Speaker 01

  I think. I can check.

• 1:29:37Speaker 02

  It's three seventy ish.

• 1:29:38Speaker 01

  Yeah.

• 1:29:39Caleb Hammer?

  We'll do three seventy two. Phone bill?

• 1:29:41Speaker 01

  Uh. Two sixty five.

• 1:29:44Caleb Hammer?

  Gotta do the. Okay. But that's when it's paid off. Uh, food. Baby's not on the day anymore, right?

• 1:29:53Speaker 01

  Yes, the baby is still.

• 1:29:54Caleb Hammer?

  Baby's on the.

• 1:29:55Speaker 01

  Yeah.

• 1:29:56Caleb Hammer?

  When do they get off?

• 1:29:57Speaker 01

  When they want.

• 1:29:58Caleb Hammer?

  Yeah, but when do they get off usually?

• 1:30:01Speaker 01

  It really depends.

• 1:30:02Speaker 02

  It's different for everyone.

• 1:30:03Caleb Hammer?

  The, the baby's sixteen months. When do you think it'll be off?

• 1:30:06Speaker 02

  Probably eighteen to twenty months.

• 1:30:10Speaker 02

  So.

• 1:30:10Speaker 01

  She likes her nighttime snacks.

• 1:30:12Caleb Hammer?

  For now. For now. We, we can do the food budget for six hundred. It'll go up and you have to start buying for her.

• 1:30:21Speaker 02

  She eats lots of food.

• 1:30:23Speaker 01

  She eats.

• 1:30:23Caleb Hammer?

  That our boobie?

• 1:30:24Speaker 01

  Yeah. So she only had, yes. So she eats food during the day.

• 1:30:29Caleb Hammer?

  And I've never had one. I don't know.

• 1:30:30Speaker 01

  And nighttime snack is the only time she gets.

• 1:30:34Caleb Hammer?

  Okay. Okay. And don't give him any. He doesn't deserve it. No boobie for him. Okay. Well, she's just getting like snacks and stuff. Okay.

• 1:30:46Caleb Hammer?

  Gonna do seven hundred fifty. Should be good for you guys. TP fun with the kid. With what you guys need. It's gonna be a little bit more. I'm gonna call it three hundred total. I got the diapers. We got all that good stuff. It's everything you need to survive three hundred bucks. Medical healthcare, anything on a monthly.

• 1:31:00Speaker 03

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• 1:31:29Caleb Hammer?

  Basis?

• 1:31:30Speaker 01

  No.

• 1:31:31Speaker 02

  Not really, no?

• 1:31:32Caleb Hammer?

  Get closer to the microphone.

• 1:31:33Speaker 01

  No.

• 1:31:34Speaker 02

  Uh-uh, no, not that I can think of.

• 1:31:36Caleb Hammer?

  You have pets? We have a dog. Age, health?

• 1:31:39Speaker 02

  Uh, he's in good health, he's four.

• 1:31:41Caleb Hammer?

  Okay, get pet insurance, I'm gonna call it forty bucks a month. No way you guys could afford a big thing if it happened. How much for pet food on a monthly basis?

• 1:31:49Speaker 02

  Hmm, maybe forty dollars.

• 1:31:53Caleb Hammer?

  Anything else that needs to be in your budget that I have not put in your budget?

• 1:31:56Speaker 02

  Uh, daycare.

• 1:31:58Caleb Hammer?

  Oh, how much a month? Two hundred.

• 1:32:01Speaker 02

  Uh, eight hundred.

• 1:32:02Caleb Hammer?

  Oh, eight hundred, yeah. Sorry.

• 1:32:05Speaker 02

  It's eight hundred a month.

• 1:32:06Caleb Hammer?

  Everything in my head is weekly. You guys have room. This is your choice. This is literally your choice to be in this debt. You need six thousand eight hundred sixty-six dollars and fifty-six cents on a monthly basis to survive. That means for your normal month, that means for your normal month, you have a thousand one hundred thirty-three dollars and forty-four cents. We'll just call it a thousand, for some legal room. Thousand dollars left, okay.

• 1:32:35Caleb Hammer?

  Now with your higher balance on that one thing, but also minusing the mortgage, you guys have hundred and forty-four thousand six hundred eighty-eight dollars of really bad debt.

• 1:32:47Caleb Hammer?

  By the way, I don't know if you guys know this, but that's a hundred and forty-four months to pay off the debt.

• 1:32:55Caleb Hammer?

  Twelve years.

• 1:32:57Speaker 02

  Wow.

• 1:33:02Caleb Hammer?

  Twelve years. Not including the home. Not including the home, no. So, here's the thing, we either have to put in some overtime, if that's an option, to pick up even more and more and more. Do you turn overtime down? No. We need to start looking at increasing your income. You have a good job, you're sticking with it, and you're trying to make as much as possible. We need to start finding another job for you, or looking for a way to move up internally, which sounds hard, so maybe moving to a different, uh, place. But, um, we need to up your income situation. If you're able to up this by a hundred fifty bucks, or a, uh, five hun- an extra five hundred hours on a monthly basis, like, what was it, a hundreds, a hundred and seventeen thousand dollars of bad debt, something like that?

• 1:33:45Caleb Hammer?

  I mean, that moves us down pretty substantially and doesn't cut us in half, but it's pretty substantial. It's pretty close, actually. It's like two thirds of the time.

• 1:33:55Caleb Hammer?

  This is brutal. When something's looking over like well over a decade, when you make good money, bankruptcy sometimes. Yeah. Can be consider considered an option. It's stressful, it's expensive, but this is a brutal situation. You guys can probably pay it down in eight years if you bring in an extra $500 a month. It's difficult. We're gonna get a second set of eyes on this with how brutal this is. Again, the free therapy sessions take advantage of that. But also I'm gonna sit you guys down with, uh, uh, Reed is who we work with him for uh, our accounting stuff, but he's also a CPA and a big finance nerd. Let's see him and get him a second opinion. We'll pay for that session for you guys.

• 1:34:36Speaker 02

  Thank you.

• 1:34:36Caleb Hammer?

  And maybe, maybe there's another way out of this. That's not bankruptcy or a thousand billion, jillion years. This is just brutal. That's not honestly what I'm focusing on here. I'm focusing on the relationship and the relationship is a joke and I don't know how you guys are gonna survive together. I'm sure you guys are both lovely people outside of the financial situation. But finances, which is one of the leading causes for divorce in this country, I don't know how you guys are gonna make it. You have the baby right now, holding it together a bit more. I don't know what you guys are gonna do a few years from now. Good luck. And I just feel bad for you. I really do. Spending in a budget, you overspent zero out of 10 debt. I mean, this is horrendous. Look how long it takes to pay off. It's gonna be a one out of 10 though. It's as low as you can get without having anything in collections or IRS debt.

• 1:35:15Caleb Hammer?

  Emergency fund, there is a little bit there. I mean, I'd have a one month emergency fund or whatever it takes to cover your highest deductible saved up and the rest starts going to the debt. I'll give it a two out of 10. Retirement. Yeah. Okay. What did you say yours was? Fifty-five. You're 28. Yeah. If we're looking to one time salary by the time we are 30, you're probably close to a six or a seven. I'll give you a seven out of 10. Okay. Well, and then you, what reminded me your retirement again?

• 1:35:49Speaker 02

  I think it was like 12,000.

• 1:35:51Caleb Hammer?

  With where you are at 26, trying to get to the, you're probably about a seven out of 10 as well. So seven out of 10. Okay. Real estate. Not much of an equity position, so it's not the best position, but it's okay at a five out of 10. You'll get there with time. Obviously, the retirement and real estate is what is gonna lift you guys up and make you look better than you really are.

• 1:36:11Caleb Hammer?

  It's gonna be a hammer financial score today. As you said, three out of 10. And it's because of those elements. Guys, join us in the post show. We usually find out even more interesting information that I don't know, but the producers know everything about them. So we talk about it there. So join us thousands of hours of extra content in our hammer elite version. It's literally the best membership on the entire platform. We've proved it with the source that we are on. So in terms of value driven, make sure to join that and download the simpler budget app. Check out annual. If you want that sign notebook, the founders edition will send it to you. See you guys in the post show. What are you gonna spend on this stupid fishing trip?

• 1:36:47Speaker 01

  I don't know. My grandpa wants to go.

• 1:36:49Speaker 02

  Get into it.

• 1:36:50Speaker 01

  I know I'm the problem.

• 1:36:51Caleb Hammer?

  You know you're the problem. She's not like screaming at you and berating you. You're the one that screams.

• 1:36:58Speaker 02

  He raises his voice.

• 1:37:00Speaker 01

  It don't take much to make her cry.

• 1:37:01Speaker 02

  I think there's definitely a lot of conversations that we need to get into.

• 1:37:04Caleb Hammer?

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