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Transcript 16,019 words · 8 speakers
Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.
0:01 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome? That's new. It can help you with practically anything on the web. Like restoring a vintage motorcycle from a 50-page restoration blog. Or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies 18 plus.
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0:56 Caleb Hammer? To watch episodes of Financial Audit a week earlier, check us out on YouTube.
0:59 Speaker 03 I don't think you know what you're doing when it comes to running a business at all.
1:01 Caleb Hammer? I mean, did you know everything when you started this?
1:04 Speaker 03 I don't think so.
1:05 Caleb Hammer? How are you surviving?
1:07 Speaker 03 How are you surviving?
1:08 Caleb Hammer? I'm sorry, what are you trying to say here?
1:10 Speaker 03 I think it has to do with you having a test.
1:14 Speaker 03 Looks like you don't get your hands dirty.
1:15 Caleb Hammer? I'll give you a financial audit, but I don't know if you have the ability to make it in life.
1:23 Caleb Hammer? Bundle all of my educational programs I've ever made, plus the premium version of my budgeting app for not only 80% off, but also with a free trial today at DollarWise.com. Join the tens of thousands of people who've changed their lives and join Dollar Wise Central right now for free.
1:38 Speaker 03 Hi, my name is Mattel, 33, from Central Coast.
1:45 Caleb Hammer? Central Coast means a lot to some people, I'm sure.
1:51 Speaker 03 Yeah.
1:51 Caleb Hammer? What the is that?
1:53 Speaker 03 That is in between.
1:54 Caleb Hammer? Central Coast where?
1:56 Speaker 03 Santa Barbara and.
1:57 Caleb Hammer? California, are you trying to say California?
1:59 Speaker 03 No, Nevada. Yes, California.
2:03 Caleb Hammer? Why would I know what Central Coast is?
2:06 Speaker 03 Whoa.
2:07 Caleb Hammer? Are you from there?
2:08 Speaker 03 Yes.
2:09 Caleb Hammer? So that's why you know what it is?
2:10 Speaker 03 Yeah.
2:12 Caleb Hammer? Okay, cool. From Central Coast, that's the name of the town?
2:16 Speaker 03 Name of the town is Santa Maria.
2:18 Caleb Hammer? So now I feel like I've actually heard of that.
2:21 Speaker 03 Wine country.
2:23 Caleb Hammer? Yep, I know wine country. I know everything except for the thing you opened with. Thirty-three years old?
2:27 Speaker 03 They call it that. Central Coast, huh?
2:30 Caleb Hammer? I'm sure, I'm sure they do. It's probably just me, but that's okay. Well, welcome. Thanks for coming over, man. I really do appreciate it. Now, it's a nice little travel from there, especially early in the morning.
2:41 Speaker 03 Yes.
2:41 Caleb Hammer? What do you do for a living in Central Coast?
2:44 Speaker 03 Starting entrepreneur, wanna be a...
2:47 Caleb Hammer? That's not a job.
2:48 Speaker 03 I'm a mechanic.
2:49 Caleb Hammer? There's a job. What do you make doing mechanic?
2:53 Speaker 03 Say that again? Can you speak up?
2:57 Caleb Hammer? What are you, is it because of the mechanic? Is it because of the mechanic? Is that why you can't hear?
3:03 Speaker 03 Yeah, that's a lot of, you know, I mean, you wouldn't know. You, it looks like you don't get your hands dirty.
3:10 Speaker 03 What did you say? Fuck me?
3:12 Caleb Hammer? What the was that?
3:13 Speaker 03 And saying you said I'm kinda slow because of the mechanic.
3:16 Caleb Hammer? No, I asked if you can't hear.
3:17 Speaker 03 You wouldn't know. Do you, do you even know how to turn a wrench?
3:22 Caleb Hammer? Do you practice that?
3:23 Speaker 03 No.
3:24 Caleb Hammer? Buddy, I asked if you can't hear because of the mechanic noises, not because... I didn't say slow, but now you're making me question it.
3:33 Speaker 03 Alright, continue.
3:35 Caleb Hammer? No, do you have hearing problems? I wanna know for the continuing this episode.
3:40 Speaker 03 No.
3:47 Caleb Hammer? What do you make, guy? In your mechanic position?
3:51 Speaker 03 Uh, roughly monthly, like about ten to fifteen grand.
3:55 Caleb Hammer? Whoa, that's incredible, net? Net, is that what hits your account?
3:59 Speaker 03 Yes.
3:59 Caleb Hammer? That's incredible. I didn't know we allowed to make that much money.
4:06 Caleb Hammer? So.
4:08 Caleb Hammer? What do you do with that, man? There shouldn't be much of a struggle.
4:12 Speaker 03 Um, I use it to go out.
4:16 Speaker 03 Instead of being responsible and paying bills.
4:19 Caleb Hammer? Well, okay, sounds like someone who knows what the is going on. Why don't you stop going out and use it to pay some bills?
4:28 Speaker 03 Um, I've pretty much been like that all my life. So, I mean, just to change, I can't. It's it's harder.
4:34 Caleb Hammer? You cannot change.
4:36 Speaker 03 I can. But.
4:39 Caleb Hammer? Why have you want to? What part of you? Cares more?
4:44 Speaker 03 The lower part.
4:45 Caleb Hammer? Which one's the lower part?
4:49 Speaker 03 Oh.
4:51 Caleb Hammer? Like.
4:52 Speaker 03 Oh. Oh, if.
4:55 Caleb Hammer? Actually?
4:56 Speaker 03 No, I'm missing.
4:57 Caleb Hammer? Buddy. You're in a podcast. Try to talk to me here. What's going on? Okay. Yeah, let's just let's do that. What is going on?
5:07 Speaker 03 Whole lot of nothing.
5:11 Caleb Hammer? Okay.
5:13 Speaker 03 So, um, like I said, just barely started my own business. I'm trying to be an entrepreneur, trying to get things on, you know?
5:22 Speaker 03 In order to, you know, make it a career.
5:26 Caleb Hammer? Well, what's your? Okay, being an entrepreneur isn't a career. What is it? What are you trying to entrepreneur to?
5:33 Speaker 03 Mainly automotive, like kind of everything in the car world.
5:37 Caleb Hammer? Okay. So you're a mechanic right now. You don't work for yourself. You work for someone else.
5:42 Speaker 03 So I do work for myself right now.
5:44 Caleb Hammer? Okay, so you're already an entrepreneur that's working then. So, so. What's the attempt? It sounds like you've done it.
5:51 Speaker 03 Uh, doesn't feel like it.
5:52 Caleb Hammer? Why?
5:53 Speaker 03 I don't know. Um. I'm not doing things correctly, maybe?
6:01 Speaker 03 Oh boy. All right. I mean, I mean, help me out. Can you kind of sense where I'm heading?
6:07 Caleb Hammer? No, cuz I am literally just trying to get answers and you're not willing to
6:13 Caleb Hammer? give them. Okay, so how long have you been an entrepreneur? How long have you been trying to do car things?
6:19 Speaker 03 Um, I've been doing cars for about 10 plus years.
6:23 Caleb Hammer? On your own?
6:23 Speaker 03 Oh, on my own. Um, recent couple of months. So I left, uh,
6:28 Caleb Hammer? So you can't say for a couple of months, you bring in 15,000 hours a month, can you?
6:32 Speaker 03 Um,
6:33 Caleb Hammer? If you've been doing it for a couple of months?
6:34 Speaker 03 Um, consistently, no.
6:36 Caleb Hammer? It's been two months. So you're saying one month you did the other month you didn't?
6:40 Speaker 03 Yes.
6:42 Caleb Hammer? Okay, so you're giving me a 15,000 hour month average based on one month making 15, the other making zero?
6:48 Speaker 03 Well, not zero necessarily.
6:50 Caleb Hammer? What did you make?
6:51 Speaker 03 Close to 10.
6:52 Caleb Hammer? Okay, okay. So there we go. But because of two months, you think you're making 10 to 15 forever?
6:59 Speaker 03 Okay. That's what it feels like.
7:02 Caleb Hammer? Sure. So what led to that big out of the box automotive income? Cuz that is quite good. I'm a little concerned now that I know it's your business and based on the five minutes I've been able to talk to you, that that is likely not net income after costs.
7:19 Speaker 03 No.
7:20 Caleb Hammer? Okay, I asked you at the beginning if it was net and you said yes.
7:22 Speaker 03 Oh, my goodness, forgive me.
7:25 Caleb Hammer? You're forgiven.
7:25 Speaker 03 All right.
7:27 Caleb Hammer? But I was led astray in terms of what I thought you were making. So do you know your overhead? What do you know about your business? What can we talk about with that?
7:39 Speaker 03 Overhead is just one at the moment? Just me?
7:41 Caleb Hammer? Okay, there's more overhead than just payroll.
7:44 Speaker 03 Okay.
7:45 Caleb Hammer? There's a lo- you have a location?
7:47 Speaker 03 No, I'm mobile.
7:48 Caleb Hammer? Okay, so gas and maintenance on your thing and tools and equipment and parts that you're buying, right?
7:54 Speaker 03 Yes.
7:56 Caleb Hammer? That's costing the business.
7:58 Speaker 03 Okay.
7:58 Caleb Hammer? Okay. Before you you get paid.
8:00 Speaker 03 Before I get paid.
8:02 Caleb Hammer? Oh, okay. And has a car falling on your head during one of these mechanic jobs you've had.
8:11 Speaker 03 You know what? I don't really have a business plan right now. That's.
8:14 Caleb Hammer? Well, no.
8:15 Speaker 03 I could have said that, you know?
8:17 Caleb Hammer? I don't think we needed you to say that. I think I think that was a pretty clear. That was more clear than I think actually anything you said. So far, so. You went on on your own.
8:31 Speaker 03 Yes.
8:31 Caleb Hammer? What were you making in the job before this?
8:33 Speaker 03 So before that I was making like eighty thousand a year.
8:38 Caleb Hammer? Okay, and that's not bad.
8:39 Speaker 03 Yeah.
8:40 Caleb Hammer? Eighty thousand gross or not?
8:42 Speaker 03 Gross.
8:43 Caleb Hammer? Okay, still certainly not bad. I'm sure it's a pretty expensive area. I mean, we got the median income for an automotive technician in Santa Maria, California is around fifty five thousand seven hundred eight dollars.
8:57 Caleb Hammer? So you're doing well. You were doing well. And now you're on your own. How did you hit it out of the just like out of the gate so big though? And I'm also concerned that you really don't know how much came in if we're being completely honest, but.
9:10 Speaker 03 So.
9:12 Caleb Hammer? How'd you do so well out of the gate, big guy?
9:14 Speaker 03 Um, I have a couple cars that I that I bought. You know?
9:18 Caleb Hammer? Okay.
9:19 Speaker 03 And I think that part of that is, you know.
9:25 Caleb Hammer? So it wasn't your business of doing automotive stuff for other people. You just sold cars that you already had that you flipped.
9:32 Speaker 03 It was. Well, that is best business. That's part of my business. Buying cars.
9:36 Caleb Hammer? What is your business then? Just tell me your business.
9:39 Speaker 03 Mechanic working on cars.
9:42 Caleb Hammer? Other people's cars are your cars that you're flipping. What is the business?
9:46 Speaker 03 Other people's cars.
9:48 Caleb Hammer? Okay.
9:49 Speaker 03 Including. Cars that I buy from other people. Or it's even the cars from the people that I buy that they can't afford to fix.
9:58 Caleb Hammer? How much of that came from you selling a car you purchased and flipped?
10:03 Speaker 03 A little less than half.
10:05 Caleb Hammer? Okay, so your actual automotive work was like five thousand dollars. And then you already had these cars that you flipped and sold because it's not an instant turnaround. You're not do that in two months. Exactly. Come on. I'm car moronic, but I at least know that. Buddy, also.
10:24 Speaker 03 And I
10:25 Caleb Hammer? I don't understand what the you're talking about. I had 5,000 hours that even came in. So what are you? What are you talking about 10 to 15 in the last two months? That's I mean objectively, that is not what I saw. That is not what is listed here.
10:36 Speaker 03 Yeah, that's because I don't track.
10:39 Caleb Hammer? Track? How'd you tell me 15? How'd you even tell me 10 to 15 then?
10:44 Caleb Hammer? Big guy, how'd you even tell me 10 to 15?
10:47 Speaker 03 That's what that's what I feel is coming in.
10:49 Caleb Hammer? Feel? What the is I feel 10 to 15?
10:55 Speaker 03 Yeah, I mean, yeah, it's money that comes in. I don't necessarily count it or you know, make um
11:05 Caleb Hammer? Oh.
11:10 Speaker 03 Yeah. I mean, do you track everything you do?
11:15 Caleb Hammer? Yes, I have concerns. Of how you go through.
11:21 Speaker 03 I live off of um.
11:23 Caleb Hammer? I need to relax?
11:24 Speaker 03 Yes.
11:25 Caleb Hammer? Okay, I so I could go for a relax.
11:28 Speaker 03 Okay.
11:29 Caleb Hammer? Well, what are you trying to say?
11:30 Speaker 03 That you're being a little bit too harsh on me not keeping track of my finances.
11:37 Caleb Hammer? Buddy, I've been like so gentle on you because
11:41 Caleb Hammer? I don't want to be clipped for
11:44 Speaker 03 For what?
11:44 Caleb Hammer? Yelling at a handicapped individual.
11:47 Speaker 03 Says, first of all, you look like a Tesla driver. I'll just tell you that.
11:51 Speaker 04 Boom, roasted.
11:52 Caleb Hammer? I have a Tesla as in a car that goes faster than your cars ever go and will drive itself while doing it. Yes, that is true. Yes. 2.5 seconds to 60. What about you?
12:03 Speaker 03 More like 2.5 in 10 seconds.
12:09 Speaker 03 But how long can you do that, huh? Nobody likes a quick finisher.
12:16 Caleb Hammer? I always have them coming back. It's mostly because I didn't provide enough to begin with, but yes.
12:22 Caleb Hammer? I'm sorry, what are you trying to say here? So I'm being too hard on you?
12:26 Speaker 03 Yeah.
12:26 Caleb Hammer? The fact that you have a business and you don't know what the business makes and the first question that is asked on the show is how much do you make?
12:33 Speaker 03 I think it has to do with you having a Tesla.
12:37 Caleb Hammer? Oh no, you're not able to milk me for endless repairs because it's a car that doesn't need maintenance. You're, it's like your industry is going away because no one gives a anymore about keeping you people alive for scamming everyone.
12:51 Speaker 03 Oh scamming easy.
12:52 Caleb Hammer? Oh come the god.
12:53 Speaker 03 Oh. Honest work right there.
12:58 Caleb Hammer? Okay.
13:00 Caleb Hammer? Well, sorry for going too hard on you, guy, I guess, except not really because I've barely gone hard on you at all. It's just dramatically concerning. How the do you not know what is coming in in your business? That is not tracking everything. That is not tracking everything. That is just knowing your income.
13:13 Speaker 03 As long as I have enough to pay my bills.
13:15 Caleb Hammer? Okay, you don't, you have that. So what the are you talking about? That's a lie. That's not true. What are you talking about? Okay, we know what came in 5,000 won went out.
13:24 Caleb Hammer? What went out?
13:25 Speaker 03 More than that?
13:26 Caleb Hammer? What went out?
13:27 Speaker 03 More than that?
13:28 Caleb Hammer? Try to give a number. If you can think of one. 68. It's actually kind of close, actually incredibly close. It was 6986. So as long as I'm bringing enough money to pay your bills, but you're not, you're not, and you're certainly not setting anything aside for taxes. I know that for a fact. And it's not like all that was business expenses. You might try to claim it as such, but no.
13:51 Caleb Hammer? Okay.
13:53 Speaker 03 Forgive me.
13:54 Caleb Hammer? Um, you're forgiven. So. But you keep saying, you said, as long as I have enough to pay my bills, you don't, not even enough to pay your taxes, apparently.
14:03 Speaker 03 Well, I mean, I had to, that's still for next year, so I still have time.
14:07 Caleb Hammer? Yes, you still have time, but what are you going to do when you owe like a month or two worth of income? In taxes. How do you pay your bills in that case?
14:15 Speaker 03 I'll make it up. I'll just work.
14:16 Caleb Hammer? Okay, how do you make, how is that actually a solution? Why aren't you working more right now than to make more money and pay off your debt? And get in more than, if the solution was work more.
14:24 Speaker 03 I am working more.
14:26 Caleb Hammer? So then you can't work more if you're already working more?
14:28 Speaker 03 That doesn't make sense.
14:29 Caleb Hammer? How does that not make sense?
14:31 Speaker 03 You just work.
14:32 Caleb Hammer? You just said, I will work more to pay my taxes, but if you're already working more as you suggest you are, how then do you work more, more?
14:39 Speaker 03 Well, I didn't say I was working more. I just said I'm gonna work more.
14:41 Caleb Hammer? No, you literally rewind.
14:46 Caleb Hammer? But what are you gonna do when you owe like a month or two worth of income in taxes? How do you pay your bills in that case?
14:53 Speaker 03 I'll make it up. I'll just work.
14:54 Caleb Hammer? Okay, there you go. It was played in the video.
14:57 Speaker 03 No.
14:58 Caleb Hammer? Watch it back.
14:58 Speaker 03 Okay.
15:01 Speaker 03 So.
15:02 Caleb Hammer? So if you're not working, if you can work more, then my point was, then why aren't you working more now in order to bring in more income that actually takes care of your bills? Why aren't you working more now and paying off debt?
15:12 Speaker 03 Because I feel like the debt is always, I mean, everybody, everybody's in debt. You're not gonna tell me you met one person that's not in debt.
15:21 Caleb Hammer? Yes.
15:21 Speaker 03 Are you, are you in debt?
15:23 Caleb Hammer? I have a mortgage.
15:24 Speaker 03 That's a type of debt, isn't it?
15:25 Caleb Hammer? It is a type of debt.
15:26 Speaker 03 So I feel like it's.
15:27 Caleb Hammer? Debt, but I've met people who are debt free.
15:31 Speaker 03 So that's always gonna be lingering, you know?
15:33 Caleb Hammer? Or not, cuz.
15:34 Speaker 03 Or, yes.
15:36 Caleb Hammer? You could be debt free, but even still, I'm not anti-debt. I'm anti-bad debt.
15:40 Speaker 03 Okay.
15:40 Caleb Hammer? You have bad debt.
15:42 Speaker 03 I don't see it as bad.
15:43 Caleb Hammer? Okay, this first card's an Apple card. I know for a fact that is a bad debt. I haven't even looked at it yet, but I know that's a bad debt.
15:48 Speaker 03 You say it's a bad debt?
15:49 Caleb Hammer? It has high interest.
15:52 Speaker 03 What is it at 20 something, 21?
15:55 Caleb Hammer? That would be bad.
15:58 Speaker 03 There's people that have like 300% interest, you know? So I think I have a good.
16:04 Caleb Hammer? You're talking about like a payday loan?
16:05 Speaker 03 Yeah.
16:08 Speaker 03 People have it worse, you know?
16:09 Caleb Hammer? Yeah, people have it worse. There's someone being beheaded right now. Why does that mean that me walking out and getting hit by buses then considered good? Just because getting beheaded is worse? I don't know. That doesn't make any sense. There's always worse. Why does that mean that doesn't all of a sudden excuse you?
16:28 Speaker 03 I believe it does, cuz...
16:30 Caleb Hammer? You believe it does?
16:31 Speaker 03 Yes. Cuz I'm still...
16:33 Caleb Hammer? Go ahead, try to form that thought.
16:36 Speaker 03 Hey, I'm paying the credit card off.
16:39 Caleb Hammer? No.
16:39 Speaker 03 You know?
16:40 Caleb Hammer? No.
16:42 Speaker 03 Yes.
16:43 Caleb Hammer? Wrong! No.
16:46 Speaker 03 I'm giving payments to the card.
16:48 Caleb Hammer? Yeah, you spent 2,000 more than came in, so... No, and again, also, you suggested you made two to three times as much as you actually did. So, no, you're not paying off debt cuz you're spending more than you make.
17:02 Speaker 03 So...
17:03 Caleb Hammer? Oh, okay, no, no thoughts on that. He moves on. Go ahead, continue. Where are you going?
17:08 Speaker 03 No, I'm just saying like...
17:09 Caleb Hammer? Where are you going in your journey, your mental journey right now?
17:12 Speaker 03 Um, trying to make money, you know?
17:16 Caleb Hammer? I know.
17:17 Speaker 03 In the business, it could become pretty lucrative, you know?
17:19 Caleb Hammer? I'm talking about you getting to the end of your previous sentence. Not what you're doing in your career. I know you're trying to make money in your job.
17:25 Speaker 03 Yes.
17:25 Caleb Hammer? Guy.
17:28 Speaker 03 If...
17:31 Caleb Hammer? What? What are you trying to say?
17:33 Speaker 03 I'm trying to say, yeah, you keep cutting me off.
17:35 Caleb Hammer? Whoa.
17:40 Caleb Hammer? Fuck!
17:41 Speaker 03 Then, ah, there.
17:45 Speaker 03 So, where were we with the business?
17:54 Speaker 03 Is there a contest or what?
17:56 Caleb Hammer? I'm doing it a ton cuz I'm stressed.
17:59 Speaker 03 What?
17:59 Caleb Hammer? I'm looking at Hispanic Saddam right now. Gawi!
18:03 Speaker 03 Says... Yeah, go ahead, try. I don't wanna hurt your feelings.
18:08 Caleb Hammer? Tesla?
18:08 Speaker 03 Oh, no.
18:10 Caleb Hammer? Spooky spooky.
18:11 Speaker 03 A little Tesla fanboy.
18:12 Caleb Hammer? I ain't a fanboy. I just like driving a fast car that has better technology than a car.
18:16 Speaker 03 It is not a car's car.
18:17 Caleb Hammer? That is objectively incorrect. You can hate Tesla and you know it's a fast car.
18:22 Speaker 03 Unless you have the plan, you ain't fast.
18:24 Caleb Hammer? I have the plan.
18:25 Speaker 03 And... You're still slow.
18:31 Caleb Hammer? Anyways, you're, you're taking this somewhere, it's not going, what? Let's get back on track. Put your glasses on.
18:42 Caleb Hammer? Okay. Where do you think your money's going? Come on, you're running your business. Where do you think your money's going? And I know it's all intermingled, I know for a fact, I know for a... Hey, also, question before that. You said you thought half your income for the business came in through selling a car that you flipped. What did you sell it for?
19:06 Speaker 03 Four thousand.
19:07 Caleb Hammer? Okay, you brought in five, so you only made one thousand outside of that?
19:10 Speaker 03 No, no, no.
19:12 Speaker 03 I made more.
19:13 Caleb Hammer? No, no, you did not!
19:16 Speaker 03 Yes, I did.
19:19 Caleb Hammer? No, you didn't! I mean, I have your numbers! Was it cash?
19:25 Speaker 03 Huh?
19:25 Caleb Hammer? Undeposited cash?
19:27 Speaker 03 It was, it was... Maybe I didn't put...
19:31 Speaker 01 Born from the intensity of a night in the Eternal City. Introducing Born in Roma Fragrances by Valentino. Feminine perfume Donna Born in Roma features juicy black currant, central jasmine, soft cashmerin and warm vanilla. Masculine leaning but unisex Womo has notes of fresh violet leaf, aromatic sage, green vetiver and mineral salt. Shop holiday gifts at Macy's.com.
19:59 Speaker 03 That statement in there? I don't know.
20:03 Caleb Hammer? So you wouldn't give all your statements?
20:06 Speaker 03 He... No, it's there.
20:08 Caleb Hammer? Okay, I have a... So, so it's here, so you, yeah, you brought in an extra thousand. I have an Apple card, I have a Chase Freedom Unlimited, I have a PayPal card, Marriott card, Chase Freedom Unlimited card, Discover card, Chase Slate, Chase Checking, something about rent and then a car loan?
20:24 Speaker 03 Yeah. That's for the previous month.
20:27 Caleb Hammer? Are those all your accounts?
20:28 Speaker 03 Yes.
20:29 Caleb Hammer? What's for the previous month?
20:31 Speaker 03 That, uh, I think what you're trying to say that 1,000 that I just had come in was for the previous month.
20:38 Caleb Hammer? Yes, the most recent month.
20:39 Speaker 03 Yes.
20:40 Caleb Hammer? Yeah, not this month. You've been in business for two months. You said 15 the first month and the second. You made five, four from selling the cars. So you made 1,000 in the real part of the business.
20:48 Speaker 03 Yes.
20:50 Caleb Hammer? Good.
20:50 Speaker 03 Yeah.
20:51 Caleb Hammer? So you agreed to it?
20:52 Speaker 03 Yes.
20:53 Caleb Hammer? You made 1,000.
20:55 Speaker 03 1,000.
20:57 Caleb Hammer? Okay, very good. Now, oh, I guess we didn't have all the statements because literally the you told the producers found out about a new credit card or some card in the green room before this.
21:08 Speaker 03 Surprise.
21:11 Caleb Hammer? Is it brand new? Did you just open it?
21:13 Speaker 03 Yeah, it's like, uh, uh, just yesterday.
21:17 Caleb Hammer? So you're yesterday. This guy.
21:26 Caleb Hammer? You're coming on financial audit and you just opened a credit card the day before this?
21:31 Speaker 03 Yeah, it was a special offer.
21:33 Caleb Hammer? What was the offer?
21:34 Speaker 03 Uh.
21:35 Caleb Hammer? For special people?
21:36 Speaker 03 0% interest.
21:37 Caleb Hammer? For what and how long and that's all? It's just the fact that it's 0%?
21:42 Speaker 03 Yeah.
21:43 Caleb Hammer? Borderline every card starts at 0%?
21:45 Speaker 03 Yeah.
21:46 Caleb Hammer? Okay.
21:47 Speaker 03 So.
21:48 Caleb Hammer? So you open.
21:49 Speaker 03 Cause the other my other cards were getting a little high and they do have interest. So, you know.
21:53 Caleb Hammer? No, you just said you're paying off your cards.
21:55 Speaker 03 Yes, but they have interest.
21:57 Caleb Hammer? You just said they were getting a little high.
21:59 Speaker 03 Yeah, balance.
22:00 Caleb Hammer? Which one is heads?
22:02 Speaker 03 This one's.
22:03 Caleb Hammer? Dude, you're, I don't know how you even made it here. How'd you even find your way to the door?
22:09 Speaker 03 Oh, this place is not hard to miss.
22:11 Caleb Hammer? Dude, I don't even know. We never got a full credit report from you. We always request a full credit report and you know, they're, they're, they're suspecting that there's more deaths that we don't even know about. Because you're incapable of anything.
22:24 Speaker 03 No, that is incorrect. I gave you everything.
22:29 Caleb Hammer? Except for the credit report that we asked for.
22:31 Speaker 03 Oh, I'm pretty sure it's there.
22:33 Caleb Hammer? Have you, did you, have you looked?
22:36 Caleb Hammer? Yes, look again. Did you know that apparently over a third of Americans have below average credit? And even worse, some folks are out there just paying double for car insurance just because of bad credit. Like, yeah, here's your full coverage and a full slap in the face. Now, I've had my credit mistakes, swipe first, ask questions, never. And rebuilding that mess, it's not fun. But that is where today's sponsor Kickoff comes in. Kickoff is a credit building tool, not a credit card or some scammy payday thing. It gives you a dedicated credit line only for building credit. No spending at its doors. You just make super low monthly payments and Kickoff reports those to all three major credit bureaus. That helps with your credit mix, builds payment history, and keeps your utilization low.
23:17 Caleb Hammer? Users with credit under 600 drew an average of 84 points in their first year with on-time payments. Translation, the big credit guys go, oh, wow, look at you being responsible. You can start out for just $1 your first month and plans go up to $5 or $20 depending on what tools you want. And I personally like the rent reporting. It's the one-time paying rent actually helps your credit instead of just your landlord's bank account. So if you're serious about buying a car, a home, or not getting denied by every lender with a pulse, go to getkikoff.com/Caleb and start building your credit the right way. That is K I K O F F dot com slash Caleb. Must sign up via getkikoff.com/Caleb. Taxe the offer. Offer applies to new customers first month only. Individual results may vary. Subject to approval, offer subject to change. Terms and conditions may apply. Kickoff credit service starts $5 a month for 12 months. Average first year credit score impact between 84 points, finish score 3.0 between January 23 and January 24 for a Kickoff credit account users who start with a score below 600, who pay on time
24:02 Caleb Hammer? and who had no delinquency or collections added in their credit profile during the period. Late payments will negatively impact your credit score. Thanks again to Kickoff for sponsoring today's video. Let's get back to it.
24:11 Caleb Hammer? Still not there. Okay, so, listen, okay.
24:17 Caleb Hammer? So what you're trying to do is just become, you're just trying to build this business?
24:22 Speaker 03 Yes.
24:22 Caleb Hammer? That's the main goal?
24:23 Speaker 03 That's the main goal.
24:24 Caleb Hammer? That's what we care about.
24:25 Speaker 03 Yeah, you know, I see a lot of other YouTubers, you know, make content out of cars, you know, fixing whatever, buying wreck stuff and fixing it and then, you know.
24:36 Caleb Hammer? I'm sure a very saturated market on the content side. Yeah. Okay, so that inspired you to get into cars? Is that what you're saying?
24:42 Speaker 03 No, I've been in cars way before that.
24:44 Caleb Hammer? Are you saying you're trying to make YouTube?
24:47 Speaker 03 Trying to, yes.
24:50 Caleb Hammer? As a part of advertising or as your career?
24:53 Speaker 03 Um, more, more as a career. So is the cars or is the YouTube?
24:59 Caleb Hammer? Can I be both?
25:02 Caleb Hammer? Potentially, but you do have to hyper focus. I mean, because at that certain point, I mean, let's think about it realistically. You think the car people that are making a true living off of YouTube? You think they're curating their YouTube videos off of what's making the money in their car business? Or you think they're curating their, what they're doing on the cars based on what works on YouTube and makes them a living there?
25:20 Speaker 03 I haven't given a thought. I thought it was.
25:22 Caleb Hammer? You haven't thought about what content to make? Okay. That's an interesting strategy for making content. Okay. And you know, YouTube requires speaking in full sentences.
25:29 Speaker 03 I do know. I want to make content with cars.
25:33 Caleb Hammer? No, we got that part.
25:34 Speaker 03 Yeah.
25:35 Caleb Hammer? You, you've gone.
25:36 Speaker 03 You just asked if.
25:37 Caleb Hammer? You've gone two points ago. I just said, are you gonna do your YouTube content based on the work you're doing on cars? That is good for your car business? Are you gonna make, are you gonna do things with cars based on what's good for your YouTube business? Cause it rarely, rarely ever hits both. In fact.
25:55 Speaker 03 Well, no, I'm obviously, it would be more on the YouTube side. Yeah.
25:58 Caleb Hammer? So YouTube side.
25:59 Speaker 03 Yeah.
25:59 Caleb Hammer? Even though you're kind of, well, actually not really making money from the rest, the rest of this stuff.
26:04 Speaker 03 Yeah.
26:04 Caleb Hammer? So you've started a channel and you're uploading.
26:07 Speaker 03 No. See?
26:09 Caleb Hammer? See, see what?
26:11 Speaker 03 No, I'm saying, see, that's where I wanna get to is, well, I mean, I do have a channel. That's where I watch. A lot of stuff, but I haven't posted anything. Cause I'm just, I don't know where to start, you know?
26:23 Caleb Hammer? Post.
26:24 Speaker 03 Post.
26:25 Caleb Hammer? Honestly.
26:26 Speaker 03 Okay.
26:26 Caleb Hammer? I mean, like, like without even memeing on you, just post. That's where people fail. Just post. Start somewhere.
26:35 Speaker 03 Okay.
26:36 Caleb Hammer? Learn it. You don't learn it by, without doing it. Buddy, I don't know. I don't think you know what you're doing when it comes to running a business at all. And no offense, but here's the thing.
26:45 Speaker 03 Did you know everything when you started this? I don't think so.
26:48 Caleb Hammer? When I started this? No, but I wasn't jumping in out of my, out of the gate with running a full-fledged business. What I did understand was content creation, which was the first part of it. And then I learned the business side as we've grown and we've scaled up to almost 30 employees.
27:02 Speaker 03 Okay, so I'm not a, I'm not a full-blown shop, you know, I'm, it's just me by myself.
27:06 Caleb Hammer? Exactly, but you know nothing about YouTube and that's okay. That doesn't mean you shouldn't start YouTube. But you're going into it thinking it's all of a sudden going to be a career. That I need to put a, you know, I need to set the record straight on that, man. That is not how this works. One, car, very saturated YouTube niche. Yeah, I, I know, I didn't even know I don't know about cars. I do know about that YouTube niche because my initial investor was in the car world. Um, I sold 10%, bought it back after a year. Either way. Uh, yeah, he was in the car world and I know how brutal that content can be over there. We've talked about it a lot. And unless you're bringing something unique to it, which is honestly kind of hard. Even finances, it was kind of rare for me to find this unique thing. Like I'm not gonna, I'm not jacking myself off right now. Let's just talk about the YouTube landscape, uh, to be real.
27:50 Caleb Hammer? Like I did get a little lucky in this. The fact is, there wasn't a true breakout shift in the finance space in years. Finance nation was kind of set. All the players were set. And came in with something fresh. The players are set in the car.
28:03 Speaker 03 Like, uh, what's that little short guy's name? Um, Stefan?
28:07 Caleb Hammer? Graham Stephan? No, he, he talks at the camera. And talks about financial topics.
28:11 Speaker 03 Well, isn't that what you do?
28:13 Caleb Hammer? Are you a moron? What are you, am I talking at the camera right now about financial topics?
28:16 Speaker 03 Yes, you were.
28:18 Caleb Hammer? No, I wasn't.
28:19 Speaker 03 I seen, I seen your little lazy icon looking at the camera.
28:23 Caleb Hammer? My lazy, lazy icon looking at the camera?
28:25 Speaker 03 Yeah, your right eye.
28:28 Caleb Hammer? What is he talking about? No, I'm trying to actually give, I'm trying to give genuine advice right now on the creative side. I'm not jerking myself off about how we've been successful here. I'm just trying to give an example about breaking out of the finance space. The, the, the car space is also very set. Doesn't mean people won't get in there. But what are you bringing that's interesting? That is different, that is going to get people to watch you instead of the car related channels they've been watching forever. Mechanic related channels that they've been watching forever.
28:57 Speaker 03 Well, I mean, that's something you figure out as you go. I mean,
28:59 Caleb Hammer? Okay, so yeah. Okay, great. So you brought in a thousand dollars from your business. You thought you brought in at least five to seven.
29:06 Speaker 03 Yeah.
29:07 Caleb Hammer? When it comes to that part of the business.
29:08 Speaker 03 Yeah.
29:09 Caleb Hammer? And it was a thousand.
29:10 Speaker 03 No, it was more than that.
29:12 Caleb Hammer? It literally,
29:13 Speaker 03 There's, there's no count of it, so.
29:16 Caleb Hammer? Well, then where did it come from?
29:18 Speaker 03 Huh?
29:19 Caleb Hammer? Where'd it go to?
29:21 Speaker 03 Bills?
29:21 Caleb Hammer? No, no, no.
29:24 Caleb Hammer? Did, okay, so what you are suggesting with that is that your clients directly paid your utilities.
29:30 Speaker 03 In a way, yeah, because they paid me for.
29:32 Caleb Hammer? They paid you, which means it would have hit your account. And it would have gone out from your account to pay your bills. So we would have seen that income. That income would have been visible.
29:42 Speaker 03 But I, but I don't always use, uh, some, sometimes it's cash.
29:46 Caleb Hammer? I just asked that earlier and you said no.
29:48 Speaker 03 You just asked that earlier.
29:50 Caleb Hammer? Yes, and you said no.
29:52 Speaker 03 No.
29:54 Caleb Hammer? Was it cash?
29:56 Speaker 03 Huh?
29:57 Caleb Hammer? Undeposited cash?
29:58 Speaker 03 It was, it was, maybe I didn't put that statement in there.
30:01 Caleb Hammer? Yes, that's what you said.
30:04 Speaker 03 No, that's, I think that's what you.
30:05 Caleb Hammer? Oh, my dude, oh, he is, good luck, man. Honestly, good the luck, I don't, I, I, I'll give you a financial audit. But I don't know if you have the ability to make it in life. You might need to be shackled down in a job somewhere forever and coddled. Cause whole, how are you surviving?
30:28 Speaker 03 I'm doing good.
30:32 Speaker 03 How are you surviving?
30:33 Caleb Hammer? Oh, okay. Well, is this? Yes, I am happy.
30:36 Speaker 03 Really? Doesn't look like it.
30:38 Caleb Hammer? I'm not happy talking to you, but I'm happy in life. But I do know, I mean, the, okay, I mean, this is sad. Sorry. I didn't, I didn't have this note. Um, if this is why you're a little kind of funny right now. I didn't know your ex just passed away.
30:51 Speaker 03 What?
30:54 Caleb Hammer? You told the producers your ex passed away.
30:57 Speaker 03 No, you are.
31:02 Caleb Hammer? Colton, did he tell you his ex passed away?
31:05 Speaker 03 He did. Well, he did. So what the?
31:11 Speaker 03 Well, she almost did. Just kidding.
31:16 Caleb Hammer? Just kidding?
31:17 Speaker 03 Yeah, no, she's not dead. She's alive.
31:21 Speaker 03 I mean, she's dead to me, but not.
31:22 Caleb Hammer? Well, that's different. That is very different.
31:29 Caleb Hammer? I was supposed to be very empathetic to, she said, you see, you guys broke up?
31:33 Speaker 03 Yes.
31:33 Caleb Hammer? How long ago?
31:35 Speaker 03 Long time ago.
31:35 Caleb Hammer? Why do we care about this? What the is happening?
31:40 Speaker 03 You're the one that brought it up.
31:41 Caleb Hammer? Yeah, I thought maybe you were in a little bit of a slump here because you literally just told the producers your ex passed away.
31:47 Speaker 03 Nope.
31:48 Caleb Hammer? So what is your plan? Big guy, before we jump into these finances, because you know you have debt. Even though you say you're paying him down and the balances are going up, and it's interesting how both of that can happen at the same time. But what's your plan for paying off debt? I want to hear your financial plan.
32:04 Speaker 03 Well, I mean, I gotta stop going out. That's just so cut, cut back.
32:09 Caleb Hammer? Right. So let me summarize our entire plan. Cut back.
32:12 Speaker 03 Yeah.
32:13 Caleb Hammer? You have no other strategy behind cut back. That's it. That's all you got.
32:17 Speaker 03 Well, I mean, if you have a lot of stuff coming in, you gotta, you gotta, you know, you gotta.
32:21 Caleb Hammer? Give me a detailed plan. Start to end your financial plan.
32:28 Speaker 03 I don't have one.
32:29 Caleb Hammer? No, no. What you would think, I want to assess just where you're at in your knowledge of finances, what you think. If I'm assigning you right now, needing to come up with a financial plan, leaving this door, what do you do?
32:42 Speaker 03 Go back on it.
32:43 Caleb Hammer? You have kids?
32:46 Caleb Hammer? You have children?
32:47 Speaker 03 I have eight.
32:47 Caleb Hammer? Ladies and gentlemen, a financial audit is one of the most exciting moments in this channel's history. You know, I've been working on building all these educational tools, our budgeting app, all this crazy stuff of this past year, because that is where my passion is. We finally did it, and now we put it all into one program called Dollar Wise Central. You get the premium version of my budgeting app, you'll get the cookbook mailed to you and signed by me. You get to learn about debt, investing, budgeting, real estate, basic beginner stuff, and finance, all the way to the advanced stuff, collaborated by experts with the lowest refund rate in the industry for a reason. And guess what? Just for the next two weeks, you can try it for free.
33:31 Caleb Hammer? If you are struggling, or you want to learn more, or you want to change your life in any way whatsoever, like literal tens of thousands of people have done with our programs, go to dollarwise.com. Click that link below. Your life will change. It'll be incredible. And I am here for you with an incredible support team that you can reach at any time. This is a no brainer. Dollarwise.com. Let's go!
33:58 Caleb Hammer? You have eight kids?
33:59 Speaker 03 Yeah.
34:03 Speaker 03 I just can't have two.
34:07 Caleb Hammer? Dude, are you...
34:09 Speaker 03 Okay, you don't... Alright, I'll be serious now.
34:14 Caleb Hammer? Have you not been serious?
34:15 Speaker 03 Yes.
34:16 Caleb Hammer? Listen. You have two kids. You have two kids. You! How old are they?
34:26 Speaker 03 Five and 12.
34:30 Caleb Hammer? Do they live with you?
34:31 Speaker 03 Halftime.
34:32 Caleb Hammer? Really? And what are you doing? You're everything. It's no longer...
34:39 Speaker 03 They're taking care of it.
34:40 Caleb Hammer? It is no longer comedic when kids get in the picture.
34:43 Speaker 03 Excuse me, do you have kids?
34:44 Caleb Hammer? No. I don't know what that has to do with you not taking care of your kids.
34:49 Speaker 03 Well, I'm taking care of them.
34:50 Caleb Hammer? Every time I push, I give you something that you're doing wrong, you say, "Well, do you?" It's like, what the... You're a child. And you have children.
34:58 Speaker 03 Yes, I have children too.
35:00 Caleb Hammer? It's always the dumbest people that have the strongest nut, let me tell you. Hey man, what's your detailed financial plan leaving here? If I had to assign it to you, tell me what you would do.
35:10 Speaker 03 Like I keep saying, I would get rid of stuff that I have cut off, you know, like stuff that I don't really need. Try to get rid of stuff like a truck. Try to
35:23 Speaker 03 I would try to minimize stuff that's
35:26 Caleb Hammer? Talking a lot is not going to help you think. But keep trying.
35:29 Speaker 03 Minimize expenses that are not necessary.
35:34 Caleb Hammer? Oh, that's, that's the end of it. That's our detailed plan.
35:36 Speaker 03 Well, I mean, that's, that's a start, you know?
35:38 Caleb Hammer? Good.
35:39 Speaker 03 That's why I'm here.
35:40 Caleb Hammer? Oh, for That's why I'm here. There it is. There it is. Bingo, ding, ding, ding, ding. Everyone wins a dildo. Great.
35:48 Speaker 03 Well, you can take yours off.
35:50 Caleb Hammer? Huh?
35:54 Caleb Hammer? He thinks his brain is so fast with his little zings.
36:00 Caleb Hammer? But you just said to take mine off?
36:02 Speaker 03 Yes.
36:03 Caleb Hammer? My dildo.
36:10 Speaker 03 So you have, can we, can we get back to the topic?
36:14 Caleb Hammer? You are a creature that I have never come across. A creature like yourself, man.
36:19 Speaker 03 My pleasure.
36:20 Caleb Hammer? This is, it's very interesting. And you, you feel like you always have to fill the space with a word like that, that little response. You don't have to. You're so weird. And then you're incapable of actually like
36:32 Speaker 03 Or are you to tell me how to think or what not to say?
36:38 Caleb Hammer? I didn't say either of those. What? I didn't say what you think. Oh, in terms of you filling the air?
36:44 Speaker 03 Yeah.
36:44 Caleb Hammer? Well, based off the 30 minutes of this conversation where you've done that every single time?
36:49 Caleb Hammer? Uh, this is the first time you didn't. Oh, there it is.
36:51 Speaker 03 Unique.
36:52 Caleb Hammer? There it is. He did it. He figured it out. Okay. Where do you think your finances are? Zero to 10, zero being the worst, 10 being the best?
36:58 Speaker 03 I'd say like a three, three, four.
37:01 Caleb Hammer? Why do you think?
37:02 Speaker 03 Cause I'm not, um, like I said, I'm paying stuff off. But I mean, it may not seem like I'm going anywhere, but stuff getting
37:13 Speaker 03 getting paid.
37:15 Caleb Hammer? That's it. That's your whole score.
37:16 Speaker 03 Yeah.
37:18 Caleb Hammer? Okay, he's you max, max three fourths of a sentences. What you're capable of forming.
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37:56 Caleb Hammer? Right, if you want your score, go to Calebhammer.com, take the assessment, figure out where you stand in the world of finances. And if you don't want to be like a guest on the show, make sure you sign up for our Dollar Wise Budget app. You can take the free trial and you can sign up for the annual version that saves you a lot of money. And it also allows me to sign a budget-friendly cookbook and mail it directly to you. And you can sign up for Dollar Wise Central as well, which comes with the premium version and all of our educational material bundled together. 80% off, dollarwise.com. You get it for free, big guy. If you can figure out how to access it when we send it to you. You get it for free. You're pretty sure what?
38:27 Speaker 03 I'm pretty sure I figured it out.
38:29 Caleb Hammer? Do you have a computer?
38:30 Speaker 03 No. Of course I do. Come on, who doesn't?
38:34 Caleb Hammer? No, I believed you.
38:37 Speaker 03 Well, don't believe me. I do have a computer.
38:39 Caleb Hammer? Don't believe you. So your version of trying to make something quippy is by the three times now in 30 minutes. So once every 10 minutes on average. Saying the wrong answer and then saying, I'm just kidding.
38:57 Caleb Hammer? Well, let's get him to the comedy mothership, ladies and gentlemen.
39:02 Caleb Hammer? This guy's gonna be a new regular there. Rogan, get him on.
39:07 Speaker 03 More like, um, Frank, what's his name?
39:10 Caleb Hammer? Well done. You really did that. You did that incredibly.
39:15 Speaker 03 Thank you.
39:16 Caleb Hammer? Okay, Apple Card. So what's going on with this, this card, big guy? What's going on here?
39:23 Speaker 03 Whole lot of expenses. Detailed as always. You know, yeah, so pretty much that you see there is, you know, on vibes, experiences, so.
39:34 Caleb Hammer? What do you mean?
39:35 Speaker 03 Yeah.
39:38 Caleb Hammer? Bad explanation, if I'm being honest. Try it again, what, what do you mean?
39:42 Speaker 03 There's a lot. I mean, don't you see what's, what purchases I've made?
39:50 Caleb Hammer? No. It's the first page. You silly goose.
39:55 Speaker 03 Okay.
39:56 Caleb Hammer? I'm asking you what's going on with this card. I like to see what a guest thinks about their card before I go into it to see if they even know what's going on or to see where their head is at. Maybe just try to answer the questions I ask, so I can try to proceed through this conversation and actually give you something helpful by the end instead of being an incompetent dick.
40:15 Speaker 05 How could it be offensive if it's true?
40:17 Speaker 06 Okay, first of all, I'm not a hundred percent in love with your tone right now.
40:20 Caleb Hammer? What's going on with this card?
40:22 Speaker 03 That's a very overall use card, you know, groceries. There's a couple of car parts in there.
40:31 Caleb Hammer? Okay.
40:31 Speaker 03 For, you know.
40:32 Caleb Hammer? So business expenses too.
40:33 Speaker 03 Yeah, so.
40:34 Caleb Hammer? It's an everyday card plus business.
40:36 Speaker 03 Yeah, you'll see, you'll see that there's a couple on there like that. You all right there?
40:41 Caleb Hammer? Okay. My burp?
40:44 Speaker 03 Yeah, it seemed like you were gonna pass out or something.
40:49 Speaker 03 Hey, I'm just asking if you're all right. You don't need to get all hostile or.
40:52 Caleb Hammer? I'm not, I just burped. I'm just a little confused.
40:54 Speaker 03 Alright.
40:55 Caleb Hammer? So your balance is $5,987?
40:59 Speaker 03 Um, about that. Um, as of today, it's actually a little bit higher. Just a little bit though.
41:07 Caleb Hammer? Good dude, we're paying off our debt. We're paying off our debt. We're paying off our debt, huh? Okay. What's the new balance?
41:15 Speaker 03 Just a couple hundred bucks, um.
41:18 Caleb Hammer? What is the new balance, you dick? Answer the question.
41:22 Speaker 03 Six thousand eight hundred something?
41:25 Caleb Hammer? Six thousand eight?
41:29 Caleb Hammer? That's not a couple hundred dollars higher. That is $900 higher.
41:32 Speaker 03 Couple hundreds.
41:35 Caleb Hammer? Would be a few hun- oh.
41:37 Speaker 03 So.
41:38 Caleb Hammer? Hold on. You are, you're from Central Coast?
41:43 Speaker 03 Yes.
41:46 Caleb Hammer? Were you born there?
41:47 Speaker 03 No, I was, yeah, well, no, no, I was born in LA.
41:51 Caleb Hammer? Okay. Then I don't know why you don't know words.
41:58 Speaker 03 I'm asking your questions.
42:00 Caleb Hammer? No, you're not. That's the point.
42:02 Speaker 03 You're saying, you're saying, where do I, where, where was I born? And I said, no, not, not from Central Coast.
42:05 Caleb Hammer? A hundred dollars more. That would suggest $200 more. $900, $900 more.
42:10 Speaker 03 Yeah.
42:11 Caleb Hammer? It is 900.
42:15 Speaker 03 So that
42:15 Caleb Hammer? Pull it up, pull it up on your phone. Pull it up on your phone.
42:18 Speaker 03 That was actually
42:18 Caleb Hammer? Pull it up on your phone!
42:21 Speaker 03 That was a trip to Italy.
42:23 Caleb Hammer? You went to Italy?
42:26 Speaker 03 Yeah.
42:26 Caleb Hammer? Who the f**k are you? You have a child, plus one, to take care of? You don't make money, you sold cars you already had, and you're considering that income? You don't make sh**! You've abandoned your children!
42:41 Speaker 03 Not at all.
42:42 Caleb Hammer? You spo- pull out your f**k phone right now!
42:45 Speaker 03 What do you want to see on it?
42:47 Caleb Hammer? The Apple card, you f**k creature!
42:54 Speaker 03 Settle down.
42:56 Caleb Hammer? Dude, if he just answered my questions, I would be so civil. I would be so civil, but nothing upsets me more than someone who just can't answer a basic ass question!
43:09 Caleb Hammer? Parking? Apple bill? Frontier Airlines, Southwest Airlines, Double Trip? Expedia? There's car parts? Going in and getting some bullsh- you're going to the gas stations to get some bullsh- Mineral spread? Something f**k- I don't know? Western Village, Crave Mini Donuts, Domino's? Going in and getting some BS, Craigslist? Are you cruising?
43:36 Speaker 03 No, that's uh, for vehicles I post. Strictly business.
43:42 Caleb Hammer? Good f**k death, dude. What is your minimum payment on there? I didn't see.
43:46 Speaker 03 Uh, like 187?
43:48 Caleb Hammer? How about you actually pull it up and look, because I don't believe anything you say.
43:52 Speaker 03 You would've looked?
43:53 Caleb Hammer? Yes, if I would've looked, and I said I didn't, so I'm having you pull it up again. This is how this works. You're wearing a fake wash t-shirt. Doesn't make you look good.
44:02 Speaker 03 Thank you, so you don't look good o- as well.
44:15 Caleb Hammer? Yeah, what's the balance, big guy?
44:25 Caleb Hammer? 172. Do you need to see that? It's a 172 minimum. Okay, so it hasn't benefited. No, as long as you've read it, buddy.
44:36 Caleb Hammer? As long as you're not trying to lie or something, which I don't know. Well, are you gonna say just kidding? Are you gonna pull the fourth one?
44:43 Caleb Hammer? I ain't saying nothing. 172, I'll show you. You wanna see it? It's okay. Okay. When we talk about personal finance, it's about risk management, things like building an emergency fund or investing instead of blowing those dollars on taquitos. But when it comes to the real world, what if protection could be something you subscribe to? I'm not talking about another streaming platform or gym membership that takes an arm and a leg to cancel. I mean, security for your well-being and family that no one else is offering. That is the idea behind the Guild. With years in the defense sector, they're equipped to build the AI systems and robotics that keep all that we know safe, especially in unpredictable times like now. So if you can safeguard the life you've worked so hard for, why would you not?
45:29 Caleb Hammer? You don't need another subscription, you need boots-on-the-ground protection with future-proof tech. That is the Guild. You care about future-proofing your finances, so maybe start thinking about how you're protecting your life. If big tech is watching you, the Guild is watching out for you. Visit theguild.io to learn more. Your future self will thank you. This is not an offer to invest. Terms and conditions apply. The Guild is a creative property of Activision, trademark and copyright 2025. Let's go through your purchases in the most recent. By the way, how long do you think this is gonna take to pay off? If you only make the minimum payments? And you do not make any purchases? Realistically speaking. Realistically. Realistically speaking. Like two to three years?
46:10 Caleb Hammer? Dude, this guy's, okay, twenty takes.
46:14 Speaker 03 But, but see, so I don't see, I don't see.
46:17 Caleb Hammer? But see what is twenty?
46:18 Speaker 03 Yeah, but at the same time, I'm getting something out of that, you know? I'm getting trips, you know?
46:24 Caleb Hammer? You're getting trips?
46:25 Speaker 03 Yeah, I'm getting trips.
46:26 Caleb Hammer? Out of someone else's money that you're getting interested in.
46:30 Speaker 03 How is it gonna take you forever to pay off? Yeah, but I'm still paying it, so it's coming out of my pocket. Experiences, you know? Have you had any experiences?
46:38 Caleb Hammer? Yes, why, why do you keep throwing? You're so weird, dude. You are so weird.
46:46 Speaker 03 There we, we go on trips with, uh, with me and my friends, my boys, you know?
46:50 Caleb Hammer? Is that even a family with your kids? It's just you and your boys? Oh, dude, you're not.
46:55 Speaker 03 I'm planning next year to go with, take my boys.
46:57 Caleb Hammer? Can I let you know something?
46:58 Speaker 03 No, my boys.
46:58 Caleb Hammer? Can I just be honest? I don't think you're a good person. From hearing it, you don't seem like a good father.
47:05 Speaker 03 Oh.
47:06 Caleb Hammer? I'm sorry, but it doesn't seem like it.
47:08 Speaker 03 How, how so? What do you mean?
47:10 Caleb Hammer? Okay, you quit your job, you make no money, you sold, the only money you had was from cars you already had that you've sold. Now you're going on shits with the boys, putting yourself in a worse financial situation.
47:18 Speaker 03 That's not on everyday basis.
47:19 Caleb Hammer? You can get evicted, you can struggle paying for food and the kids that you have to take care of half of the time are there. So fuck you, yes, that is what a bad father would do. You don't prioritize boy trips over taking care of the kids.
47:30 Speaker 03 I take care of the kids.
47:32 Caleb Hammer? Buddy, it's on debt now, once the debt's all maxed out and you can't open anymore, no you won't.
47:36 Speaker 03 Well, the debt's not maxed out.
47:37 Caleb Hammer? You don't have a job for two months and you've only sustained yourself by selling cars you already had.
47:41 Speaker 03 I have, it's now, it's, it's this.
47:43 Caleb Hammer? You have a truck left to sell.
47:46 Speaker 03 This past month was, was not a good one.
47:48 Caleb Hammer? You've had two months.
47:50 Speaker 03 Not the end of the world.
47:50 Caleb Hammer? That's fifty percent.
47:52 Speaker 03 Not the end of the world.
47:53 Caleb Hammer? The only reason the first month did well, which by the way, I actually don't believe. Because once I called out the second month, you're like, oh, wait, no, I didn't do well. But either way, if your first month did do well, it's only by selling. It's only by selling the cars you already had, the vehicles you already had. Italy was three weeks ago. Fuck me, man. And it was a boys' trip, it was.
48:15 Caleb Hammer? That's not what a good person does. You don't other people and you could be your kids. They don't have a college fund. You could get evicted. Putting food on the table gets hard when you don't have money. You don't put the boy's trip over that dick.
48:28 Speaker 03 In my defense, that's my kids are taken care of, right?
48:32 Caleb Hammer? How?
48:32 Speaker 03 It's not like, it's not like, oh.
48:33 Caleb Hammer? Tell me how they're taken care of.
48:34 Speaker 03 Well, they have a roof under their heads.
48:36 Caleb Hammer? Until they don't. You think no one loses a.
48:39 Speaker 03 I lost my train of thought. You freaking.
48:41 Caleb Hammer? No, no, go ahead. Why? They're taken care of. Go on, please.
48:44 Speaker 03 They're taken care of. Yeah, they have food, you know, food to eat. They got clothes, you know, so it's, it's never, you know, nothing's been an issue with them.
48:53 Caleb Hammer? Clothes probably debt, food probably debt until they're maxed out.
48:56 Speaker 03 No.
48:58 Caleb Hammer? No?
48:58 Speaker 03 I have, you know, there's, there's jobs that I have, you know, I pay cash and I, I get them stuff, so.
49:04 Caleb Hammer? Okay, IRS, ring, ring.
49:08 Caleb Hammer? Okay.
49:08 Speaker 03 What it's, what it's, it's not like, you know, freaking.
49:12 Caleb Hammer? In your rent, right?
49:13 Speaker 03 Yes.
49:14 Caleb Hammer? Yeah, 7.8 eviction filings occur per 100 renter housings in California a year. 7.8% of renters get an eviction filed against them. And you suggest that, no, it's okay. They have a roof over their head, that it's not a permanent thing, that is almost 10% get an eviction filed against them.
49:40 Caleb Hammer? That's substantial.
49:43 Speaker 03 Okay, well, I don't want to get to that point, you know?
49:45 Caleb Hammer? No, at some point it doesn't become a choice unless you do something illegal going the road you're headed. You've lost the things that sell other than one truck. You're bringing a thousand from your business, you spend it all on boy's trips, the food and clothes goes on debt. Debt gets to be maxed out. You can't open any more debt except for payday loans and eventually they stop approving you. Then you can't pay rent and you get evicted and then good luck ever getting a place again.
50:10 Speaker 03 Yeah, that's all. What if, should have, could have, would have?
50:14 Caleb Hammer? No, no, no, that's what happens to real people. That is not what should have happened. No, that is not in the past. That is the future.
50:20 Speaker 03 Okay.
50:20 Caleb Hammer? These are possibilities. These aren't hypotheticals to the past. These aren't hindsights.
50:25 Speaker 03 Okay.
50:27 Caleb Hammer? This is what happens to people right now.
50:32 Caleb Hammer? And you think nothing of it? Again, that is what a fa- bad father would do. You thought a lot about it, yeah, you say it's not possible, so you haven't thought about it at all? Or you've just completely found some a-
50:44 Speaker 03 Look, there's, oh, there's, there's other dads out there that are doing way worse, you know?
50:49 Caleb Hammer? What does that mean? Just because the dad is hitting their kid doesn't mean you not being able to pay your rent is good.
50:54 Speaker 03 I, but I am paying my rent, so-
50:56 Caleb Hammer? For now, do you not understand what I am saying?
50:59 Speaker 03 That's what I'm trying to-
51:00 Caleb Hammer? Nearly one out of ten renters yearly.
51:03 Speaker 03 That's why I'm taking, you know, control of it.
51:06 Caleb Hammer? Come on, dude, you, three weeks ago, you and your boys were giving each other blowjobs on the plane to Italy.
51:11 Speaker 03 Oh, I wish one of them was you, huh?
51:13 Caleb Hammer? Huh?
51:14 Speaker 03 Huh?
51:16 Caleb Hammer? Oh, and you're buying $540 Gucci bucket hats.
51:25 Caleb Hammer? You're douche.
51:27 Speaker 03 No.
51:28 Caleb Hammer? Yeah, you're kind of a douche.
51:30 Speaker 03 In my defense, I have sold that hat already, so.
51:36 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web. Like restoring a vintage motorcycle from a 50-page restoration block. Or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required compatibility and availability varies 18 plus.
52:01 Caleb Hammer? What did you sell it for?
52:02 Speaker 03 300.
52:07 Speaker 03 Yeah, there's no way in hell-
52:08 Caleb Hammer? Probably just to survive, and that shows us how close you are. By the way. So in the last month on the Apple card. Apple bill. Going into getting into bullshit, okay, tell me when you go to the gas station and you spend three to $5, what the are you getting?
52:23 Speaker 03 Energy drinks.
52:24 Caleb Hammer? Of course. Oh, there it is.
52:27 Speaker 03 Oh, look at that.
52:28 Caleb Hammer? Aren't you bringing in a screen for everyone not sponsored? Show them what you got.
52:34 Caleb Hammer? There you go. All that instead of a roof over his kids' heads permanently in the future. That makes no sense. Why are you not buying a bulk? Why are you not going to the Costco? Or the Sam's Club? Or even just an Amazon at that point? Buying individually is brutal. Brutal.
52:54 Speaker 03 I mean, in my defense too.
52:55 Caleb Hammer? In his defense.
52:56 Speaker 03 I buy the little caffeine pouches. So those are like six, six pack of what? Six to eight for two bucks?
53:03 Caleb Hammer? But then why are you going like every day? And then Lime Ride Pizza. What? Lime Ride? Piazza? Lime Ride, Lime Ride.
53:13 Speaker 03 You gotta say it right. Piazza.
53:15 Caleb Hammer? Piazza, Missouri Ford, Buonavarte, Piazza. So this is in Italy. Smith Heathrow. That's not. In-N-Out, Western Village, La Mia, Nick the Greek, Baskin Robbins, going into the liquor store. There's the cope. We found it. It's ridiculous, my guy. Less than $620 in interest charges here alone on this card, which is substantial for your zero dollar income essentially. 23.24% interest rate.
53:49 Speaker 03 23%? That's not bad?
53:53 Caleb Hammer? It is, but I'm not gonna even go down that. Like, okay, like, how do I even? Okay, what's an example I can even say? Why do you think it's not that bad?
54:05 Speaker 03 Cause like I said, it's...
54:10 Caleb Hammer? Why do you think 23 is not that bad?
54:12 Speaker 03 Because it's, like I said, there's people out there that are paying way more interest.
54:17 Caleb Hammer? Tell me how that makes yours not bad, though.
54:19 Speaker 03 I mean, it makes me feel not like it's...
54:21 Caleb Hammer? Makes you feel. So it's a cope. You're coping.
54:24 Speaker 03 Yes.
54:24 Caleb Hammer? But that does not mean it's not that bad. Correct?
54:29 Speaker 03 To me, to me it does.
54:30 Caleb Hammer? To me? What is the "to me"? Some things are objective realities. This is objectively bad. You disagree?
54:38 Speaker 03 I disagree, yes.
54:39 Caleb Hammer? How? Please tell me. It's not objectively bad because other people have it worse?
54:43 Speaker 03 Yes.
54:44 Caleb Hammer? And because other people will have it worse, can you tell me why that specifically makes it not bad? Regardless of your feelings?
54:49 Speaker 03 Well, I mean, not that it's not bad, but it's like, you know...
54:51 Caleb Hammer? That's what we were just talking about.
54:56 Speaker 03 It's, I just, I just don't see it that way.
55:00 Caleb Hammer? That is not a response.
55:01 Speaker 03 What, what, what good am I gonna be out stressing over a credit card that, you know, at the end of the day, I'm still gonna have to pay, so.
55:07 Caleb Hammer? You wouldn't be spending on it? In that case, I'm bullsh- I'm piazza.
55:13 Speaker 03 Piazza, yeah.
55:16 Caleb Hammer? Uh huh, you wouldn't be spending on it?
55:18 Speaker 03 Well, I'm not spending on it anymore, so.
55:20 Caleb Hammer? Okay, I just saw, yes, you are, since we got the statement, which was last month, it's gone up nine hundred dollars, or a couple hundred dollars.
55:27 Speaker 03 Yeah. Well, it's not gonna go no more, so.
55:31 Caleb Hammer? That's not an answer, that's not an answer, that is, see, and this is what the worst of the worst do on this show. The moment they are backed into a corner to try to explain what they've done, or what their mindset is, they said, "Well, I'm not doing it anymore, starting today." That is not an answer. I have no proof of that, I have no trust of that, based on what you've done. You do not get out of a point by saying, "Oh, I'm gonna stop it at this exact moment."
55:54 Caleb Hammer? That is bullshit.
55:55 Speaker 03 That is not.
55:56 Caleb Hammer? Okay?
55:57 Speaker 03 Cause I'm, I'm, yeah, I mean, I am gonna stop, you know?
56:01 Caleb Hammer? I hope so!
56:03 Speaker 03 After, after a trip to Vegas.
56:05 Caleb Hammer? You're going to Vegas? Fuck, when?
56:09 Speaker 03 I don't know, yet. Maybe next month? Maybe sooner?
56:17 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web. Like restoring a vintage motorcycle from a fifty-page restoration block. Or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required, compatibility and availability varies, eighteen plus.
56:42 Caleb Hammer? It's not booked? So you didn't even book it, and you're planning on doing it? And you think, and you think, you're, you're willing to do that after this show? You're willing to do that? So it's, uh, I'm gonna die it after this week? I'm gonna have one more week of fun? That no one ever starts.
56:58 Speaker 03 It's a might, it's a might.
56:59 Caleb Hammer? It's a might? A might is nothing to me. You told them it's already booked? Yeah, they're chatting to me. They know you, they know your entire life. They're telling me it's already booked? Is it already booked, or was that I'm just kidding? Huh?
57:13 Speaker 03 Yeah, it's booked, but not, not by me.
57:15 Caleb Hammer? By who?
57:16 Speaker 03 By some friends.
57:17 Caleb Hammer? It's a boys' trip?
57:18 Speaker 03 No.
57:19 Caleb Hammer? What is it then?
57:21 Speaker 03 It could turn out to be a boys' trip.
57:24 Caleb Hammer? So you're a douchebag. You are a douchebag. Good, and you have to Venmo them?
57:29 Speaker 03 No.
57:30 Caleb Hammer? Okay, so you don't have to pay for your ticket?
57:32 Speaker 03 Yeah.
57:33 Caleb Hammer? You do not have to pay for your ticket?
57:35 Speaker 03 No.
57:35 Caleb Hammer? Why?
57:36 Speaker 03 It's... So this was actually a bet that, you know, we had going on and one of them, one of the friends lost and that bet was that if he lost, he would have to cover a, you know, a trip out to Vegas.
57:48 Caleb Hammer? What was the bet?
57:50 Speaker 03 That, um... So one of our friends is lesbian, um, and she does not give off lesbian vibes. So we tricked them into, uh... Cause she was, she was into... Like, she went up to him and...
58:08 Caleb Hammer? Tricked him into what?
58:10 Speaker 03 Like, that he could have gotten with her.
58:13 Caleb Hammer? He could have...
58:13 Speaker 03 So the bet was that he... That if he did, which he thought he, he would...
58:18 Caleb Hammer? That someone not attracted to men?
58:21 Speaker 03 Yeah.
58:23 Speaker 03 Yes, that. So...
58:25 Caleb Hammer? Bold bet?
58:25 Speaker 03 And then he, he pretty much said, he's like, "It's a done deal." And little did he know that that was not gonna happen.
58:33 Caleb Hammer? That she's lesbian?
58:34 Speaker 03 Yes. So he owes us a trip to Vegas.
58:40 Caleb Hammer? Okay, and he is paying for everything. So you are paying for no hotel, no food. No hotel, no food?
58:47 Speaker 03 Nope.
58:48 Caleb Hammer? No gamble? He's paying for your gambling?
58:51 Speaker 03 No, I'm not gambling.
58:52 Caleb Hammer? He's paying for your shows, whatever you're doing there?
58:53 Speaker 03 Yeah.
58:54 Caleb Hammer? Everything. Not one cent from you is being spent.
58:58 Speaker 03 Well, I mean, maybe, uh, like a hundred bucks, maybe, you know?
59:01 Caleb Hammer? Uh-huh.
59:02 Speaker 03 But that's...
59:03 Caleb Hammer? And where are you getting that hundred? Let's go.
59:06 Speaker 03 From...
59:07 Caleb Hammer? Okay, they are calling you out. I don't know what you are if you're on camera and nervous to tell the truth, but they're saying, "He loves going to a casino. Don't let this talk fool you."
59:17 Speaker 03 No.
59:34 Speaker 04 Sitting in the green room and Mateo gave me his cellphone, right? And I was trying to log him into, he was having an issue logging into the guest wifi. And as I was holding it, he got a text message from somebody and then the name of Chumash Casino. And now here's the thing, I'm gonna call myself out. I love Chumash Casino. So we had a long conversation about Chumash Casino and I saw. And the thing is, I know he lives 30 to 40 minutes away from there. I know that he told Colton when they had their pre-interview phone call that you go all the time. But then he also told me that he's now maybe gonna be doing some work with them. Which here's the problem, when you get paid by a casino, you spend it at the casino.
1:00:19 Speaker 04 So that's what I know. Colton, did I miss anything? I'm also going to Vegas in August, so we were talking about. Okay. Yeah, so Colton's going to Vegas in August. You told Colton that the trip's already booked, so yeah, I feel like you're you're skirting around some things here.
1:00:39 Caleb Hammer? You're a lying piece of
1:00:42 Speaker 03 No.
1:00:42 Caleb Hammer? Come on, you just told me.
1:00:47 Caleb Hammer? How can I trust the words you say in this conversation? You certainly can't trust that you're gonna change anything after this.
1:00:52 Speaker 03 I'm trying to be as honest as I can.
1:00:55 Caleb Hammer? No.
1:00:56 Speaker 03 Yes.
1:00:56 Caleb Hammer? No. Objectively not. That's happened maybe one other time that we filmed.
1:01:06 Caleb Hammer? That is not an indication of someone that tells the truth.
1:01:09 Speaker 03 Yeah.
1:01:10 Caleb Hammer? Please. Chopper man. You're gonna have to get Dean Withers on the case for this one.
1:01:15 Speaker 03 Dean Withers.
1:01:17 Caleb Hammer? Okay, the Freedom Card. Oh wow, one card in. Oh geez, me. Freedom Card, what is this?
1:01:25 Caleb Hammer? Freedom. What's going on?
1:01:27 Speaker 03 That's an overall credit card.
1:01:29 Caleb Hammer? That's what you said for the last card.
1:01:30 Speaker 03 Yeah, this one as well. Surprise.
1:01:33 Caleb Hammer? So it's not the, it's.
1:01:36 Speaker 03 One of many.
1:01:37 Caleb Hammer? Okay, so are they all overall credit cards?
1:01:39 Speaker 03 Yes.
1:01:40 Caleb Hammer? What are you doing with this card in your? What do you even think you owe on this?
1:01:45 Speaker 03 On which one is it?
1:01:47 Caleb Hammer? The Freedom Card. Chase Freedom.
1:01:49 Speaker 03 I think there's one that's like 1200.
1:01:51 Caleb Hammer? There's two Chase Freedoms?
1:01:52 Speaker 03 Yes.
1:01:54 Caleb Hammer? $3,448.8 with a minimum monthly payment of $109. 13 years to pay this one off, both kids will be out of the house.
1:02:04 Speaker 03 So that one I tend to use a little bit more if you see transactions for vehicles for so business.
1:02:10 Caleb Hammer? Well, I saw that on the other card too.
1:02:12 Speaker 03 Yeah, like I said, it's dispersed. Dispersed all.
1:02:15 Caleb Hammer? But it isn't either. There's come wash sports bar.
1:02:19 Speaker 03 Whoa.
1:02:20 Caleb Hammer? And there's no sports bar in there. Come wash sports bar and mercato.
1:02:29 Caleb Hammer? Can hurt her some? I don't know, but there, yes, there is a lot of auto spending in here. Now, does that make sense if you can't pay it off and interest is accruing? If you went into O'Reilly and you bought a part, would you pay 30% more for that part? If there was a 30% tax on it?
1:02:45 Speaker 03 No.
1:02:45 Caleb Hammer? Well, that's what you're doing because you're putting on a card with a 27.99% interest rate. So you're paying.
1:02:52 Speaker 03 But I mean, essentially I'm gonna get that money back.
1:02:55 Caleb Hammer? No, no. Well, you're killing your margins because let's say you have a 60% margin. Now you're killing that by half.
1:03:04 Speaker 03 Like I said, I'm gonna make that back.
1:03:07 Caleb Hammer? Yes. So you're gonna do a 30% markup than the market demands for these car repairs.
1:03:12 Speaker 03 More like a 20.
1:03:13 Caleb Hammer? A 20% markup over the market.
1:03:16 Speaker 03 Yeah.
1:03:17 Caleb Hammer? So why are they hiring you? Clearly they're not because you're not making dick, but why would they hire you if you're 20% higher than the market? Because you have to be in order to make up for what you put on a credit card?
1:03:29 Speaker 03 Yeah.
1:03:29 Caleb Hammer? Yeah. Why are they hiring you?
1:03:31 Speaker 03 Because it's, they know me?
1:03:35 Caleb Hammer? No. You made a thousand last month. Why are they hiring you at a 20% markup? Which even still, still does not cover that 30%.
1:03:43 Speaker 03 Who, who do you mean by they though?
1:03:45 Caleb Hammer? Customers.
1:03:47 Speaker 03 Cause they know me.
1:03:48 Caleb Hammer? You made a thousand dollars last month.
1:03:51 Speaker 03 Yes.
1:03:51 Caleb Hammer? So why would anyone pay 20% over market rate for these? Cause there's certainly no other mechanic.
1:03:59 Speaker 03 They're not gonna pay that 20% less and go to the store themselves and do it.
1:04:03 Caleb Hammer? No, no, no. I'm saying compared to the market, because your costs are higher to run your business and get your parts. If they go to an other mechanic, it would be 20% less.
1:04:14 Speaker 03 Well, yeah, but like I said, that goes back to them knowing me. They.
1:04:17 Caleb Hammer? You made a thousand dollars last month, clearly. People knowing you is not working.
1:04:21 Speaker 03 You're asking why they, they go to me versus.
1:04:23 Caleb Hammer? Okay, so we're relying on like five people going to you.
1:04:26 Speaker 03 Give or take, yeah.
1:04:28 Caleb Hammer? Five people is not living.
1:04:32 Caleb Hammer? Is there another part of this household? Are you alone?
1:04:35 Speaker 03 Yeah.
1:04:38 Caleb Hammer? What's your rent?
1:04:39 Speaker 03 22.
1:04:47 Speaker 03 Not bad, is it, for California?
1:04:48 Caleb Hammer? Shut the [__] up!
1:04:52 Speaker 03 It's not bad.
1:04:53 Caleb Hammer? Shut the [__] up!
1:04:56 Speaker 03 Still not bad.
1:04:57 Caleb Hammer? Shut up, dude! Look, content creation takes a ton of time. I shoot everything myself and even with a team now, there's always reshoots, retakes, editing, it adds up fast. And honestly, sometimes I wonder if I should have just started a faceless channel and saved myself the headache. But here's the thing, people connect with you to face the voice, the delivery, that's what builds trust. So if you're an aspiring creator and don't have a crew or tens of hours a day to make one video, InVideo is going to save you. InVideo just launched its AI twin and it's wild. You upload a short clip of yourself talking and it builds a digital avatar, same face, same voice, sounds just like you. Then type in your prompt, that's it. InVideo turns that into a full-length studio-quality video with your AI avatar,
1:05:40 Caleb Hammer? delivering it in your voice, even other languages. Your employer is literally offering you free money and most people are saying no. Or don't use your face at all, they've got a full library of AI actors that can host your content and even interact with your product on screen. Upload a photo or a link and InVideo will integrate it right into the video with the actor.
1:06:00 Speaker 05 I replaced myself with AI and my video quality actually improved. Okay, hear me out, I was skeptical too. But this AI actor never has bad hair days, never stumbles over words and is available 24/7.
1:06:10 Caleb Hammer? You're not scripting, not filming, not editing, you're just directing. And if you want to tweak something, just say, "Have the avatar appear more and change the scene in five seconds" and it'll adjust it for you. More tools out there either overcomplicate things or only handle one part of the process. InVideo AI actually does it all and does it well. So if you're trying to create more content with less friction and higher quality, go to the link in my description and check out InVideo AI, create your own free avatar. This is how creators scale without burning out. Let's get back to the episode. That makes no sense. How could you, how, how, how, how, you're suggesting you're never gonna be one of the 1 in 13 people in California that are gonna get an eviction filed against them this year? When your rent is double what you brought in last month without selling a vehicle and
1:06:55 Caleb Hammer? you only have one vehicle to sell left and then you're done? Cause even flipping a car, let's say you flip more cars, right? You have to have money to be able to buy the thing that you're flipping, even if you're buying it on the cheap, selling it a little more expensive. You have no capital. You have no capital, you make no money.
1:07:11 Speaker 03 I'm gonna start making money.
1:07:12 Caleb Hammer? No, it's impossible. What, what do you mean? How, what, what, okay, what's your strategy besides, besides charging 20% more than anyone else does? Which is a winning strategy and very bold.
1:07:22 Speaker 03 Think I'm just gonna get another job and then?
1:07:25 Caleb Hammer? Well, there you go. Now that's an actual solution. Why'd you quit your job to begin?
1:07:30 Speaker 03 To kinda go on my own, but.
1:07:32 Caleb Hammer? With no plan?
1:07:33 Speaker 03 With no plan.
1:07:36 Speaker 03 Well, I mean, it was an idea, but you know.
1:07:39 Caleb Hammer? No, no, it wasn't just an idea. You quit your job. This was not just an idea.
1:07:44 Speaker 03 I thought it was gonna be a lot easier and you know.
1:07:46 Caleb Hammer? Why? Why would you suggest that? How many successful business owners are there? Businesses, when businesses fail in the first three years endlessly. What the fuck are you talking about? You thought it was gonna be easy? You know nothing.
1:07:58 Speaker 03 I mean, one's naive.
1:07:59 Caleb Hammer? Why did you think it was gonna be easy?
1:08:02 Speaker 03 Cause I had the right, I thought I had the right people around me.
1:08:05 Caleb Hammer? Right people around you for what?
1:08:06 Speaker 03 To kind of advise, you know?
1:08:08 Caleb Hammer? Advice, okay. What would their advice be that you took that has not worked?
1:08:18 Speaker 03 I don't know. That's a, that's a tough one.
1:08:20 Caleb Hammer? Now I know why you actually left. Cause again, you either don't remember the real answer, or you're too nervous to say it on camera, or you're a lying piece of but your coworker influenced you to leave. And I'm not surprised because they showed up every day to work and you were there.
1:08:38 Speaker 03 Hey, I was good.
1:08:39 Caleb Hammer? I'd influence you too. In fact, I'm about 30 minutes away from influencing you leaving the studio. You've had a late fee this year so far. So not only the interest alone. Just one, doesn't matter. It's a late fee.
1:08:55 Speaker 03 Yeah.
1:08:55 Caleb Hammer? You're paying money to hold a balance. That is accruing interest that is preventing you from ever having a successful business in of any kind ever. Why does someone like you think you can even go to Italy? That doesn't, you can't even come close to a.
1:09:12 Speaker 03 That was before.
1:09:14 Caleb Hammer? Before, before, no, it was, it was three weeks ago.
1:09:16 Speaker 03 Into anything, you know, so.
1:09:17 Caleb Hammer? It was three weeks ago. You were still an entrepreneur at that time.
1:09:24 Caleb Hammer? Oh, boy. Ladies and gentlemen, yikes.
1:09:31 Caleb Hammer? Hundreds of dollars in interest accrued that year, this year so far on that card.
1:09:38 Caleb Hammer? PayPal credit.
1:09:40 Speaker 03 Oh, that's kind of.
1:09:40 Caleb Hammer? What's going on other than this is just a card I use?
1:09:44 Speaker 03 So that one is more online purchases.
1:09:49 Caleb Hammer? Online?
1:09:50 Speaker 03 Online, because I haven't set up two words like checkout is.
1:09:55 Caleb Hammer? It's so easy.
1:09:57 Speaker 03 Yes.
1:09:57 Caleb Hammer? Well, you online purchase, obviously endlessly because you owe $3,835.95. 14 years to pay off.
1:10:09 Speaker 03 That's what the minimum though, right?
1:10:11 Caleb Hammer? With the minimum without any purchases, but again, you purchased $244. So you and you only put on it towards the minimum. So, uh, oh, you.
1:10:21 Speaker 03 Right back at you.
1:10:23 Caleb Hammer? $125 is your minimum.
1:10:27 Caleb Hammer? Oh, it's for Airbnb. What Italy?
1:10:31 Speaker 03 The Miami, actually.
1:10:33 Caleb Hammer? What?
1:10:34 Speaker 03 But that's, that was.
1:10:35 Caleb Hammer? For what?
1:10:36 Speaker 03 That was a while ago.
1:10:37 Caleb Hammer? No.
1:10:38 Speaker 03 Yes.
1:10:39 Caleb Hammer? It was less than a month ago.
1:10:43 Speaker 03 Oh, yeah, that one was.
1:10:48 Speaker 03 Sorry, I got a little mixed up. Yeah, that one, there was, there was one in there for Italy. Yeah.
1:10:52 Caleb Hammer? How do you get mixed up?
1:10:54 Speaker 03 Cause I.
1:10:55 Caleb Hammer? You travel that much, you dick? You have kids. You're a father.
1:11:00 Speaker 03 Well, fathers can't travel or what?
1:11:02 Caleb Hammer? No, not when they can barely keep a roof over the kids.
1:11:05 Speaker 03 They have.
1:11:06 Caleb Hammer? You don't pay child support. Cause you got 50 50 custody. You get any money? I know you get maybe a part of a tax child credit.
1:11:15 Speaker 03 Just at the end of the year when I do Texas. Yeah.
1:11:17 Caleb Hammer? Yes, wish. Good luck this year. Air B, air mother B.
1:11:24 Speaker 03 Yeah.
1:11:26 Caleb Hammer? Use this card. No, it was for this. No, it was for this. I have the notes. Use this card to pay for the music festival trip to Miami. And you admitted you travel to impress women you're dating. Wanted to oppress a woman that you were flirting with. So you took her on a trip to Miami. Oh, my. These are the people making children.
1:11:53 Caleb Hammer? The trip was $2,000 in total. The trip was in $2,000 in total.
1:11:59 Speaker 03 Yeah.
1:11:59 Caleb Hammer? That's
1:12:01 Speaker 03 That was a couple of years ago, so.
1:12:05 Caleb Hammer? You can't travel just to impress women, dude.
1:12:08 Speaker 03 That was that one time.
1:12:10 Caleb Hammer? Why the are you telling producers that? See, I don't believe you because you tell them stuff when it's like, oh, the camera's not on. Everyone's a lot more willing to share. And all of a sudden, you're on camera and you're just like, oh, backtrack, backtrack, backtrack. Shut the up.
1:12:22 Speaker 03 That was just
1:12:22 Caleb Hammer? Shut up. Don't believe you worth anything. You've lost all credibility to this conversation.
1:12:27 Speaker 03 Oh, wow.
1:12:28 Caleb Hammer? What? You don't think you have? You've lied just kidding multiple times.
1:12:34 Speaker 03 No.
1:12:37 Caleb Hammer? Great rebuttal. Okay, really convinced me. How many late fees have you had this year so far on this card?
1:12:43 Speaker 03 PayPal. I want to say one.
1:12:45 Caleb Hammer? Okay, three. About just half this year so far.
1:12:51 Speaker 03 Yeah.
1:12:52 Caleb Hammer? Father of the year.
1:12:53 Speaker 03 Thank you.
1:12:54 Caleb Hammer? That's not cute. That is not cute. That is not funny. You are a father. It's disgusting.
1:13:00 Speaker 04 Disgusting.
1:13:02 Speaker 03 Hey, a father, I mean,
1:13:03 Caleb Hammer? It's disgusting.
1:13:04 Speaker 03 You gotta, you gotta think about mental health too. You know, I need to go out to the kinda, you know,
1:13:08 Caleb Hammer? You don't know what Flying to Miami for sucking dick in Italy?
1:13:13 Speaker 03 Whoa, whoa, whoa. That's something you probably would do.
1:13:16 Caleb Hammer? Yes, I'd like, I would go to Miami and sure.
1:13:19 Speaker 03 No, Italy and
1:13:20 Caleb Hammer? Oh, sucking dick in Italy?
1:13:22 Speaker 03 That's something you would do.
1:13:23 Caleb Hammer? I'm okay.
1:13:24 Speaker 03 Like I said, it's, it's something, yes, it's not, you know,
1:13:27 Caleb Hammer? You know, you endlessly just do the, I'm rubber or glue. Anything you say to me sticks to you. That's your entire existence.
1:13:35 Speaker 03 Sure. If you want to call it that.
1:13:37 Caleb Hammer? There it is. Kind of again, a different format.
1:13:42 Speaker 03 Yeah. So like I said, it's, it's something that, that, you know, takes me off, you know,
1:13:51 Caleb Hammer? Yeah, but it's endlessly and it's your entire household financial situation, which impacts your kids more than you. Come on. In a slightly upset mood for one day, unless you're a horrible person that takes it out on them, then I don't have that fear.
1:14:05 Speaker 03 You don't know me.
1:14:06 Caleb Hammer? Are you someone that beats your kids?
1:14:07 Speaker 03 No, the hell.
1:14:09 Caleb Hammer? Then why are you saying that?
1:14:10 Speaker 03 Well, yeah, you're making it seem like, well, you're just saying I'm a horrible guy. I'm not.
1:14:13 Caleb Hammer? I just said unless you are, and you said, well, you don't know me.
1:14:16 Speaker 03 Well, yeah, that's what I'm saying. Like I'm not.
1:14:19 Caleb Hammer? Dean Withers.
1:14:22 Caleb Hammer? Thanks for keeping us on our pacing, I guess.
1:14:24 Speaker 03 Thank you.
1:14:25 Caleb Hammer? Do you like a producer role? Yeah, you have some deferred interests happening, but that is for a very small balance compared to the rest of this, which is at basically 30%.
1:14:36 Speaker 03 Is that the freedom?
1:14:39 Caleb Hammer? We're talking about PayPal.
1:14:40 Speaker 03 Oh.
1:14:40 Caleb Hammer? Buddy, the freedom was
1:14:42 Speaker 03 Well, there's two.
1:14:43 Caleb Hammer? 15 minutes ago.
1:14:45 Speaker 03 Was because there's two.
1:14:46 Caleb Hammer? PayPal credit's not even similar.
1:14:48 Speaker 03 Alright, alright.
1:14:51 Caleb Hammer? Oh, no. Oh, why, why, why are you breeding?
1:14:57 Speaker 03 Bread, not breeding.
1:14:59 Caleb Hammer? You're getting bread?
1:15:01 Speaker 03 Said bread.
1:15:02 Caleb Hammer? I told you guys. He's, he's the one who gets bread.
1:15:06 Speaker 03 Yeah.
1:15:07 Caleb Hammer? With the boys.
1:15:08 Speaker 03 You.
1:15:08 Caleb Hammer? In Italy.
1:15:09 Speaker 03 Something you will do.
1:15:13 Caleb Hammer? Good one. Bonvoy card.
1:15:20 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a 50-page restoration block, or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies 18 plus.
1:15:46 Caleb Hammer? What's going on with this? I dare ask.
1:15:48 Speaker 03 So that one started off, uh,
1:15:52 Speaker 03 just gonna be, actually pay for the tickets to Italy? And then it turned.
1:15:57 Caleb Hammer? Wait, I saw, hold on, I saw flights on, I saw flights on the Apple card.
1:16:02 Speaker 03 Yeah.
1:16:02 Caleb Hammer? From, from, from two different flight places. So what, how many trips are we going on right now?
1:16:08 Speaker 03 None. That was, so the Italy was a little dispersed. If it makes sense.
1:16:12 Caleb Hammer? So I use. No, it doesn't.
1:16:14 Speaker 03 I used multiple cards out there.
1:16:16 Caleb Hammer? On one purchase?
1:16:19 Caleb Hammer? How many flights did you buy? Were you flying around Italy?
1:16:22 Speaker 03 No. Um, those were.
1:16:23 Caleb Hammer? We already had two flights on your Apple card. What is, what do you mean flights on your?
1:16:27 Speaker 03 So not, not flights, um, uh, I could have sworn I bought the tickets with, uh, with that, with that card.
1:16:33 Caleb Hammer? Okay, so you owe 5,149 and 91 cents with a minimum monthly payment of $157.
1:16:41 Speaker 03 And the balance is a little, little higher.
1:16:49 Speaker 03 What uh, what do you have right there?
1:16:52 Caleb Hammer? Fun voyage card.
1:16:53 Speaker 03 The one you just-
1:16:54 Caleb Hammer? The balance.
1:16:56 Speaker 03 What do you have right there? That's what I'm asking.
1:16:59 Caleb Hammer? How would I have known that? Five thousand one hundred forty-nine dollars and ninety-one cents.
1:17:05 Speaker 03 Six thousand?
1:17:07 Caleb Hammer? Clap?
1:17:08 Speaker 03 One hundred?
1:17:10 Caleb Hammer? Okay.
1:17:11 Speaker 03 Eighty-six.
1:17:11 Caleb Hammer? Oh, for fuck's sake, okay.
1:17:13 Speaker 03 Which is not bad, actually.
1:17:15 Caleb Hammer? Minimum, what's the new minimum?
1:17:17 Speaker 03 Two hundred and... Let me pull it out before you scream at me.
1:17:22 Caleb Hammer? I'll get you on the Fizz card, debit card that builds credit. That way it actually controls your spending. I'll also give you a course career certification so that you can go get a fucking real job.
1:17:32 Speaker 03 What is a real job?
1:17:34 Caleb Hammer? Uh huh, what's the minimum monthly?
1:17:41 Caleb Hammer? Oh my, fuck with this guy.
1:17:47 Caleb Hammer? Oh my!
1:17:49 Speaker 03 It doesn't say. It's because I just paid, it doesn't give me the...
1:17:55 Caleb Hammer? I'll say a hundred seventy-five dollars. Get the fuck out to us!
1:18:01 Speaker 03 I was gonna say one eighty something.
1:18:02 Caleb Hammer? I was gonna say shut the fuck up, ninety-five dollars in fees! This is an annual fee? Then a hundred five dollars in interest? It is an annual membership, man, paying a membership to pay interest, what a blessed position to be in. Two hundred six dollars in interest this year so far, yeah, because relatively new balance.
1:18:23 Caleb Hammer? That's so ridiculous. So ridiculous. How long are you in Italy? Because that's also opportunity costs, you're not making income.
1:18:33 Speaker 03 Um, just out there a week.
1:18:36 Caleb Hammer? Okay. Destroying your life and your kids' lives for one week of pleasure. With the boys getting bread.
1:18:47 Speaker 03 Nope.
1:18:49 Caleb Hammer? You're the one who said it, man. Okay, what about the second freedom card?
1:18:52 Speaker 03 Second freedom card.
1:18:55 Speaker 03 So, again, that one's all over.
1:19:00 Speaker 03 A little bit of, uh, car parts.
1:19:02 Caleb Hammer? You should become a commentary creator.
1:19:04 Speaker 03 Right?
1:19:05 Caleb Hammer? Instead of a car creator, you're so good at talking.
1:19:08 Speaker 03 Right, yeah.
1:19:09 Caleb Hammer? Four thousand eight hundred thirteen dollars and thirteen cents with a minimum monthly payment of a hundred sixty-one dollars.
1:19:18 Caleb Hammer? 16 years to pay this one off. $113 of interest accruing. Basically maxed out, no one's surprised. All these, you won't pay off any of these minimum payments only without any purchases, which we know you're incapable of until the kids are out of the house. Which, oh my goodness, I can't wait for them.
1:19:39 Caleb Hammer? Oh, you've had a late fee this year so far?
1:19:42 Speaker 03 Yes, I did.
1:19:43 Caleb Hammer? Why? Why are we having so many late fees? A ton on PayPal credit, one on both freedoms each. Bonvoy? Probably, I didn't even take a chance to look, and same with the Apple card. Why? Why so many late fees?
1:19:57 Speaker 03 Pretty much payment, customers kind of lagging on payment. Kind of set me back.
1:20:04 Speaker 03 On income, so. Hence the late fee.
1:20:07 Caleb Hammer? Walk me through that process.
1:20:10 Caleb Hammer? Customer payment process for you.
1:20:11 Speaker 03 Yeah, so pretty much, um, they tell me I was, I'm gonna get payment a certain day, I don't get it. And, I mean.
1:20:19 Caleb Hammer? Do they have a legal contract?
1:20:21 Speaker 03 No.
1:20:25 Speaker 03 But ask me if I do that, I do now, yes.
1:20:28 Caleb Hammer? Huh?
1:20:30 Speaker 03 I said from here on, I'm gonna do that.
1:20:31 Caleb Hammer? Of course, from this exact moment. How many times do you lose payments? Because they don't pay. I thought these are people you know, you said they're all people you know.
1:20:40 Speaker 03 Yeah, it's do.
1:20:41 Caleb Hammer? So show up at their door.
1:20:46 Speaker 03 It's not that easy, you know?
1:20:47 Caleb Hammer? No? You can't walk? Can't drive?
1:20:51 Speaker 03 Yeah, I could, but.
1:20:52 Caleb Hammer? So what's the complication?
1:20:53 Speaker 03 I mean, I do, I do give, but it's just them, they're just, they're, they're in hardship, you know, they're like, hey.
1:20:57 Caleb Hammer? Why are you doing business with someone in hardship? Why are you doing debt to someone who can't pay that back? It's almost like you.
1:21:01 Speaker 03 Because they, at the beginning, they don't say that. You know, I go.
1:21:05 Caleb Hammer? I thought you knew them.
1:21:07 Speaker 03 Yes, but they don't tell me.
1:21:08 Caleb Hammer? So you're like, okay, here's a $500 deal, cool, I'll pay you later, you come to them, oh, I'm in a financial hardship?
1:21:13 Speaker 03 They, I work on their car, it's gonna be this much, okay, boom, and then when I finish it, they're like, oh.
1:21:18 Caleb Hammer? They weren't expecting that. Prepay, prepay, prepay. Prepay.
1:21:21 Speaker 03 Prepay. Okay.
1:21:24 Caleb Hammer? I mean, that's what mechanics usually do, is they get a diagnosis, say what needs to be done, and then you have to pay for it, and then they do it.
1:21:30 Speaker 03 Not everybody works that way.
1:21:32 Caleb Hammer? That's what the mechanic shops do, though.
1:21:34 Speaker 03 I'm not a shop.
1:21:36 Caleb Hammer? I know. You're right. You're a failed business. So maybe let's take a look at those who haven't failed.
1:21:41 Speaker 03 Okay. So.
1:21:45 Caleb Hammer? At least you're the one getting scammed instead of scamming everyone like most mechanics. Okay. So well done.
1:21:50 Speaker 03 At least I'm an honest mechanic. Tell you that much.
1:21:52 Caleb Hammer? No, no, you're a moron.
1:21:54 Speaker 03 When it comes to fixing cars, yes.
1:21:57 Caleb Hammer? Well, that's not giving me reassurance for the cars driving around Santa Maria.
1:22:07 Caleb Hammer? That does. Be careful on the roads, ladies and gentlemen.
1:22:10 Speaker 03 No, that's the people. Well, that's not. That's just people have, you know, driving.
1:22:18 Speaker 03 They gotta be careful.
1:22:19 Caleb Hammer? People on the cars. Yes, they are driving with the roads.
1:22:21 Speaker 03 That's what I'm saying. They gotta be careful.
1:22:24 Caleb Hammer? Yes, be careful while you're.
1:22:30 Caleb Hammer? I'm glad we both can agree that when people are on the road, they are driving.
1:22:34 Speaker 03 Hey, you're the one that brought it up.
1:22:35 Caleb Hammer? No, I'm not. You just don't know. You don't hear yourself. I hope when you watch this back, you find it. I hope you hear what you're saying.
1:22:45 Caleb Hammer? So the 27% interest rate, 1,000 hours this year so far, no, 616 dollars this year so far in interest.
1:22:53 Speaker 03 Pretty bad, huh?
1:22:54 Caleb Hammer? What was that? Pretty bad, yeah. That is bad. Almost want to give you a high five for that one. Discover it. What's going on with this card?
1:23:04 Speaker 03 That one I opened up to consolidate all my chase cards.
1:23:11 Caleb Hammer? All the chase cards that have thousands on them? Every time, ladies and gentlemen, can we, can I just, I need to just like sound that plays anytime this happens. When someone consolidates, they don't change their behavior. They rack up their debt. Now they have double the debt. So moronic. And honestly, it doesn't even make sense because you're still purchasing on this card. That was a consolidation card to begin with. Oh, you're purchasing on it because it's a 0% card? Is that why? 22 years to pay off, by the way. Good luck.
1:23:38 Caleb Hammer? You're laughing about that? You're gonna be reaching the age when you can pull from your tax advantage retirement accounts penalty free. When this card is paid off. Okay dude, $143 minimum monthly payment with a balance of 7,000, the highest so far, $142.38. That's insane. How is your credit score 693? I have no idea.
1:24:05 Speaker 03 Cause prior to those, you know, I was, you know, I had my, so this, all this debt just recently just went up, you know?
1:24:13 Caleb Hammer? Whoa, and you just had to randomly quit a job and go to Italy? Yeah, who would have thought? Yeah, no income and spending all our money leads to whoopsie bye bye money.
1:24:22 Speaker 03 Yeah.
1:24:23 Caleb Hammer? Weird mathematical equation there that no one would have ever expected. What are you, what are you purchasing on this?
1:24:31 Caleb Hammer? It was gas.
1:24:32 Speaker 03 Yeah.
1:24:32 Caleb Hammer? I think.
1:24:33 Speaker 03 Or car parts. I mean, the new purchase, yeah, strictly just like, um.
1:24:37 Caleb Hammer? Yeah, but it's insane. You're just boosting it, boosting it, boosting it, man. And it ends in less than a year, interest free. Interest free ends in about nine months with this, eight to nine months. Eight to nine months. So you, without making any purchases, by the way, without any making any purchases, by the way, you need to pay this off and you need to give about $893 to it on a monthly basis. Eight ninety-three a monthly basis, just to pay it off before interest accrues. Now, because it's not deferred interest, we don't need to freak out about it and actually do that. But that is what would require to pay it off before interest hits.
1:25:13 Speaker 03 It's actually, that's probably the worst one there, yeah.
1:25:16 Caleb Hammer? In terms of the highest balance?
1:25:18 Speaker 03 Yes.
1:25:18 Caleb Hammer? I would agree. Okay, Slate Card, what's going on with this?
1:25:21 Speaker 03 So that one was an old, or it's been an old one that just kinda lingers. I don't.
1:25:26 Caleb Hammer? Well, you literally had $133.48 of purchases on it, even though $30.42 of interest is accruing, even though you are not paying it off.
1:25:37 Caleb Hammer? So is this lingering? No, you're actively spending on it. What are you talking about? You owe $1,330.42.
1:25:44 Speaker 03 But I haven't used it in a while.
1:25:45 Caleb Hammer? Okay, you literally just spent on it, you actual dumb, you actual creature, you actual mother, you actual horrible father.
1:25:54 Speaker 03 What day, what?
1:25:57 Caleb Hammer? It was this last month. It was this last month.
1:26:02 Caleb Hammer? There you go, June.
1:26:06 Caleb Hammer? And it was car parts, which again, it's like, yeah, you gotta do that for your business, but you're doing it on a card that is accruing interest that isn't lingering, you're boosting it.
1:26:16 Speaker 03 Yeah.
1:26:16 Caleb Hammer? Bounce one up your tit.
1:26:18 Speaker 03 But I mean, how, how, I mean, when you have when you need to get a car fixed, like, I mean, do you, would you rather not fix it, not get the job done?
1:26:28 Speaker 07 Have you ever had a dreams that, that you, um, you had?
1:26:34 Caleb Hammer? Your own car or someone else?
1:26:35 Speaker 03 Somebody else's.
1:26:36 Caleb Hammer? Yes, I would rather you go get a job that pays you instead of you trying this on your own because you're a complete failure.
1:26:42 Speaker 03 No, not yet.
1:26:42 Caleb Hammer? Yeah, no, no, literally, yes. Literally, yes.
1:26:48 Speaker 03 I'm back to differ.
1:26:49 Caleb Hammer? How?
1:26:50 Speaker 03 Cause think when you're a failure, you're out on the streets, you know?
1:26:55 Caleb Hammer? You're almost there, man. You have no idea how close you are, which is very scary and very upsetting. As a father, forty three dollars is your minimum payment on this.
1:27:09 Caleb Hammer? Five years to pay off.
1:27:11 Speaker 03 But the, see, the thing is that, um, what you don't see is I don't, I don't always give the minimum payment of those cards, you know, I always get, try to get more.
1:27:17 Caleb Hammer? Buddy, you had late fees on almost every card we've looked at.
1:27:20 Speaker 03 That was just last month.
1:27:22 Caleb Hammer? No, you had, you had half the month so far on the PayPal credit alone and the rest were just minimums. You put a little more than the minimum on this, but it didn't matter anyway. Cause you still spent on it and the balance went up. So that makes no difference. So do the thing where you shut the fuck up. And I'll be happy.
1:27:40 Speaker 03 No.
1:27:41 Caleb Hammer? Hey, creature. Apparently open a new card, right? Isn't that what we talked about?
1:27:46 Speaker 03 Yes.
1:27:46 Caleb Hammer? At the beginning, so pull it up. Let me see, pull up your new card. Not the card itself, the app on your phone.
1:27:54 Speaker 03 For which one?
1:27:55 Caleb Hammer? Your new card. Are you saying there's multiple new cards?
1:27:58 Speaker 03 No.
1:27:59 Caleb Hammer? Then what's one do you think I'm talking about? Oh, for a second, okay, saver. It's a saver card. Well done. Halfway to maxed out. You owe two hundred twenty seven dollars and forty cents.
1:28:15 Caleb Hammer? Uh, expected, not expected transactions, recent transactions.
1:28:19 Speaker 03 Yeah, so that one's been.
1:28:19 Caleb Hammer? Okay, guys. I have an announcement.
1:28:24 Caleb Hammer? I have an announcement. He went to the restaurant downstairs right before coming on the show. Yeah, right downstairs. He just blew almost 20 bucks. Before coming on the show where I'm yelling about his spending. Maybe he didn't think I'd see this statement. But that's not a chain restaurant. That is a local one-off restaurant, the sandwich place. Yeah, he went to it. It's pending right now. Before coming on the finance show where his purchasers are... Dude, you're a dude. Winnie got some Winnie got some bullshit. Little Caesar's Pizza Winnie got some bullshit. Uh, Winnie got some bullshit. Got some bullshit. Got some bullshit. Got some bullshit. Okay, here's all the monster purchases now. Monster, monster, pollo, zucchini, interest pass, Doofy. You've just opened this card.
1:29:11 Caleb Hammer? Okay. Yeah, just take that. Okay, apparently I have a car loan. Uh, it says, set an order, pull from the last statement. Colton's saying you probably haven't attached it.
1:29:21 Speaker 03 I can pull it up.
1:29:22 Caleb Hammer? Again, not sending us your statements.
1:29:24 Speaker 03 It is a 2016 Tahoe.
1:29:27 Caleb Hammer? Okay, what do you want on it?
1:29:30 Speaker 03 Twenty-two.
1:29:32 Caleb Hammer? Twenty-two thousand?
1:29:34 Speaker 03 Sorry, uh, nineteen thousand.
1:29:36 Caleb Hammer? Nineteen thousand? You want a car making a thousand dollars?
1:29:45 Caleb Hammer? What's your minimum monthly payment?
1:29:47 Speaker 03 Nine, sorry, five ninety-two.
1:29:50 Caleb Hammer? What's it worth?
1:29:52 Speaker 03 Uh, right around eighteen.
1:29:54 Caleb Hammer? That is true. Still underwater, but at least it's only a thousand dollars. We might actually sell it and do something different. Except you're gonna say you probably need it for work, but your work's a bullshit and you're gonna go get a real job, so I don't really give a about that excuse. What is the interest rate?
1:30:10 Speaker 03 Um, you're gonna be surprised for that one.
1:30:13 Caleb Hammer? How high or how low? Cause with you, I don't really know.
1:30:17 Speaker 03 So this one actually was, is low. It's a point three percent.
1:30:24 Caleb Hammer? Or three, sorry, three percent. Three percent.
1:30:26 Speaker 03 Three percent, yeah.
1:30:26 Caleb Hammer? Okay, three percent. And what is your minimum monthly payment on the saver? I didn't put that in.
1:30:30 Speaker 03 On a saver, twenty-five bucks, I believe.
1:30:33 Caleb Hammer? This car loan is so substantial. Huh? What is it? Saver? He can't do two things. Okay.
1:30:41 Speaker 03 Twenty.
1:30:41 Caleb Hammer? Do I need to let you focus?
1:30:43 Speaker 03 Yes.
1:30:47 Caleb Hammer? Focus guy.
1:30:49 Speaker 03 Almost there, okay.
1:30:53 Speaker 03 It doesn't, it doesn't give me $10.17, so I'm the minimum payment.
1:30:57 Caleb Hammer? Oh, sure, whatever. I'll say 11 bucks.
1:31:01 Caleb Hammer? Yeah, this car is way too expensive for someone on your lack of income scale. If it was your previous job, it actually probably would have fit. But now it's not. So you gotta, can you get your previous job back?
1:31:10 Speaker 03 No.
1:31:11 Caleb Hammer? Why?
1:31:11 Speaker 03 Cause uh, there might be a conflict of interest.
1:31:16 Caleb Hammer? We'll deal with that in the post show. You know what we're actually gonna have you do? I'm gonna have you call your old boss and ask for your job back. So we'll do that in the post show. Okay, checking account. That's it, right? No more debt. It doesn't look like.
1:31:30 Caleb Hammer? $146. Uh, that's not a lot. A snap on payment, so you have debt to snap on.
1:31:37 Speaker 03 Not anymore, no.
1:31:38 Caleb Hammer? That was your last payment?
1:31:38 Speaker 03 Yes.
1:31:39 Caleb Hammer? Well, you'll fall for it again. You, people like you always do. Zelling out money, ATM withdrawal, who knows where the $100 went, ATM withdrawal, who knows where the $600 went. Panda stick, you know, uh, that's the food and selling money out $45. Far West liquor, coke drink, sure, sure, sure. I need it if I was around you too. Carciana, snap on, going into BS, ATM withdrawal, $180. Where does all this cash go?
1:32:03 Speaker 03 Bills, like um, utilities, trash, yeah.
1:32:06 Caleb Hammer? Cash?
1:32:08 Speaker 03 Those, I pulled it out, yeah.
1:32:10 Caleb Hammer? In cash?
1:32:11 Speaker 03 Sorry, um, no, no, no, no, no.
1:32:15 Caleb Hammer? Well, your curiosity that Lindsay has given you right now is like, what the?
1:32:21 Speaker 03 It's uh, it, yeah, it's to pay some bills, um, not, not necessarily. It's more like people owe money or whatever.
1:32:29 Speaker 03 But I don't, I don't, I mean, I don't know, like, high amounts of money to anybody, so it's just.
1:32:35 Caleb Hammer? Huh?
1:32:38 Caleb Hammer? I'm sorry. I'm, I'm sorry. Listen. You're beyond me. You're beyond this conversation. And it's not a give up situation. I'm gonna pay for him to sit down. I'm gonna pay for him to sit down with a budgeting expert. Sometimes we do that when people are too lost. This guy's too lost. He can't handle this conversation. I need someone who's willing to baby him for about five hours. But you're done. You're done. Honestly, and your, your budget's obviously because you don't make any money. That's why we're gonna call your old boss in the post show, but you're done. Your financial score is zero out of 10. I mean, you're so beyond done. So make sure you come watch us in the post show. Maybe we'll learn more about that debt to friends, but we'll certainly call his old boss and ask for his job back.
1:33:21 Caleb Hammer? That is for sure. See you in the post show. You're calling him right now? I don't give a you're calling him right now? You're asking for your job back? This is crazy. Hello, so I'm trying to see if there's still opening if I can get a, uh, my job back.
1:33:41 Caleb Hammer? For you?
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