$70,000 In Debt Simping For E-Girls | Financial Audit

🍿 He's hiding *a lot* from his girlfriend, so in todays post show, I made him finally call her and confront his lies... it blows up big time, she's the most angry spouce I've ever talked too... watch here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join 💵📱Download the *DollarWise Budgeting App* today: *Apple:* https://apple.co/4iChGhr *Google Play:* https://bit.ly/sb-googleplay Don't overcomplicate this crap! All you need is an automated / SIMPLE budget. *AND REMEMBER* those who sign up for DollarWise Premium *annual* get a signed version of the Cook Book, just submit proof of purchase here: https://tally.so/r/3xzPq5 💸🤑💰 *FREE TRIAL* To make our classes and budgeting app *more affordable*, we bundled them together for an *80% DISCOUNT* and for this month only, you can try DollarWise Central for *free* - check it out here and change your life: https://dollarwise.com/dollarwise-central/ 🔋⚡🥤🔋 *STOP SPENDING $4 ON BS ENERGY DRINKS* Gamersupps tastes better and costs only *$0.25 per serving* - use my link, and save 10% https://gamersupps.gg/caleb and if you want *FREE SAMPLES* to test, just type in code CALEB ___________________________________________ ▶SPONSORS: Use Yrefy to refinance your private student loans today at: https://yrefy.com/hammer or call (888) Yrefy-78 ___________________________________________ ▶EDUCATION: 1. Get your own free Hammer Financial Score: https://www.calebhammer.com 💸🤑💰 2. Get all of my educational programs for a much lower cost here, including the premium version of my budgeting app: https://dollarwise.com/dollarwise-central/ 💸💸💸💸 ___________________________________________ ▶RESOURCES 💵💸🤑💰💲👩🏻‍💻📓✍🏻💡 1. *I'VE MOVED MY INVESTMENTS TO WEBULL* do the same and transfer to my investing app of choice here: https://www.webull.com/k/Caleb and you get: *Cash bonus of $200 - $30,000* depending on initial funding amount, up to 8.1% APY, and up to 3.5% IRA Match. 2. Checking & Savings: Get up to $350 when you open a Chime® Checking account, and earn up to 3.75% APY on your savings: chime.com/calebhammer 3. CourseCareers: Land a high-paying job with no experience or degree by going through an affordable online course https://coursecareers.com/CalebHammer 4. Get $20 from Acorns for free: sign up to get your bonus https://acorns.com/caleb 5. The credit building debit card: First 100,000 people to sign up for Fizz with code: HAMMER10 get $10: https://www.joinfizz.com/caleb (paid ad) 6. Helium Mobile: save a ton on your phone bill, sign up and get a FREE plan when using promo code CALEB https://hellohelium.com/ 7. Online security: Protect your online privacy and security NOW and for free by following my link Aura: https://aura.com/hammer 8. Get an exclusive HighLevel 30-day trial: https://gohighlevel.com/calebhammer ▶*Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. This is not investment advice. ▶Sponsorship and business inquiries: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

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

• 0:01Speaker 00

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• 0:26Speaker 01

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• 0:55Caleb Hammer?

  To watch episodes of Financial Audit a week earlier, check us out on YouTube.

• 0:59Speaker 03

  I would say all of this is not my fault. It's American consumerism.

• 1:03Caleb Hammer?

  Of which you participated in willingly, no?

• 1:06Speaker 03

  No. It's not my fault.

• 1:08Caleb Hammer?

  What about the insane amount of money you've spent on galaxies on TikTok lives?

• 1:12Speaker 03

  Money sometimes just, I don't think is real.

• 1:15Caleb Hammer?

  Why are you just going out and just giving everyone galaxies though? When you can't pay your own damn bills?

• 1:21Caleb Hammer?

  A little concerned of what's all in there.

• 1:23Speaker 03

  No, sometimes me too. But I believe what I believe.

• 1:27Caleb Hammer?

  The tools to change your life have just been upgraded. Download my budgeting app rebranded to Dollar Wise today and start your free trial. Sign up for the annual version and I'll send you my budget friendly cookbook that can't be purchased anywhere else. And I'll personally sign it and mail it directly to you. Download the Dollar Wise budgeting app today and take advantage of your free trial.

• 1:49Speaker 03

  This is Gary from Detroit area. And this is Financial Audit.

• 1:54Caleb Hammer?

  It absolutely is. How old are you, Gary?

• 1:58Speaker 03

  25.

• 1:59Caleb Hammer?

  Good, good, good, good. You've definitely shot a minority in Detroit in your day, haven't you?

• 2:03Speaker 03

  Uh, only two.

• 2:08Caleb Hammer?

  Very good.

• 2:09Speaker 03

  Alright.

• 2:10Caleb Hammer?

  What do you do there for a living?

• 2:11Speaker 03

  Uh, I'm a water plant operator.

• 2:14Caleb Hammer?

  Okay, so that's why Flint happened. Got it. I understand.

• 2:19Speaker 03

  Well, it, yeah. It's not my fault, but, you know.

• 2:24Caleb Hammer?

  Seems a bit targeted, because of a certain group of people?

• 2:27Speaker 03

  Dude, no, definitely was not.

• 2:30Caleb Hammer?

  He is not racist, I'm [bleep] with him. I'm [bleep] with you, I'm stopping, okay?

• 2:34Speaker 03

  Alright.

• 2:34Caleb Hammer?

  Okay, I'll stop, I'll stop. You weren't taking it very well, so, okay. What do you, so what do you make in that position?

• 2:42Speaker 03

  Uh, 25, 49 an hour.

• 2:44Caleb Hammer?

  Very good. Now, Detroit's not the most expensive place. As far as major cities go, pretty cheap, slightly on the uptick in terms of population for the first time in decades. Oh, so, you know, oh, how you living off of that? How you doing?

• 3:01Speaker 03

  I, I would say I'm doing pretty well, actually. I'm actually, uh...

• 3:07Speaker 03

  This, this is the most I've ever made in my life.

• 3:09Caleb Hammer?

  I feel like this is the most you've ever had a human conversation as well.

• 3:12Speaker 03

  Uh, pretty much.

• 3:13Caleb Hammer?

  Yeah, that's what I'm picking up so far. I'm kidding, I'm sorry, I'm being a bully. Okay, very good. Awesome, well, why is this the most you've ever made? I mean, you're near 25, mid twenties, so... Nah, it would make sense that around that age, it should be the most you've ever made, and it should continue to be the most you've ever made all the way through, wow, your 50s.

• 3:33Speaker 03

  Uh, just all throughout college. I didn't make that much, I just was trying to get like, bills paid, my tuition, uh, trying to have fun.

• 3:43Caleb Hammer?

  Michigan State, I assume?

• 3:44Speaker 03

  Yes, I'm alumni from MSU, so...

• 3:47Caleb Hammer?

  Very proud.

• 3:48Speaker 03

  Yes, very proud.

• 3:50Caleb Hammer?

  Good, good.

• 3:51Speaker 03

  Not that great of education. Had fun, though.

• 3:54Caleb Hammer?

  Oh, Michigan State's fine.

• 3:58Speaker 03

  The reputation, MSU people, the frat guys.

• 4:03Caleb Hammer?

  Okay, good. Yeah, you probably didn't make that much during college?

• 4:07Speaker 03

  No, I did not.

• 4:08Caleb Hammer?

  Okay, because you were drinking a little too much?

• 4:10Speaker 03

  Yeah, I had a little bit of a problem back then.

• 4:12Caleb Hammer?

  I, I, I see that. It went a little far, or did it not?

• 4:16Speaker 03

  It, yeah, it did not.

• 4:21Caleb Hammer?

  It did not?

• 4:21Speaker 03

  No.

• 4:22Caleb Hammer?

  Go too far?

• 4:23Speaker 03

  The drinking in college? What are you referring to?

• 4:30Caleb Hammer?

  All right. Very good. So you work 40 hours a week?

• 4:33Speaker 03

  Yes.

• 4:33Caleb Hammer?

  Okay, cool. What hits your account on a bi-weekly basis? Is it bi-weekly, semi-monthly? What are you, what are you looking at?

• 4:40Speaker 03

  Uh, it's bi-weekly.

• 4:41Caleb Hammer?

  Good, good, good. What hits your account?

• 4:43Speaker 03

  Uh, it's between, it's about 1550, because I'd have like retirement and all that come out.

• 4:49Caleb Hammer?

  Okay, yeah. How much are you putting aside for that? Like, what's the percentage that's taken into your 401k?

• 4:54Speaker 03

  Uh, through my, uh, it's like 5% employer, 5% me.

• 4:58Caleb Hammer?

  Good.

• 4:58Speaker 03

  Per paycheck.

• 4:59Caleb Hammer?

  Good. Free money. We love it. You said 1450?

• 5:02Speaker 03

  About 1550.

• 5:03Caleb Hammer?

  1550, sorry about that. Very good. Cool. So, what is going on, my friend? What are we talking about today?

• 5:12Speaker 03

  You know, I'd literally, probably, I would say all of this is not my fault. It's American consumerism.

• 5:20Caleb Hammer?

  Of which you participated in willingly, no? Did you not? I mean, you bought the, the baseball jersey for Michigan State. You didn't have to.

• 5:30Speaker 03

  Yeah, but, I mean, all those were my choices, right?

• 5:33Caleb Hammer?

  You bought the Rittenhouse hat? You didn't have to?

• 5:36Speaker 03

  Uh.

• 5:38Caleb Hammer?

  Well, it's, it's a choice. You purchase anything but braces, it seems like. Sorry, I don't, I'm in a mood right now. Like, I have permission to do this, but I'm just coming out of the gates strong. I love you. I'm sorry, I'm sorry. Okay.

• 5:54Caleb Hammer?

  Good. So what are you spending all your money on?

• 5:57Speaker 03

  Uh.

• 6:00Speaker 03

  I just, I just love all those ads that come up, you know? Like, just corporate and-

• 6:06Caleb Hammer?

  You love the ads?

• 6:08Speaker 03

  Yeah, because I've-

• 6:09Caleb Hammer?

  You're the one person in the comment section not saying skip when an ad pops up.

• 6:14Speaker 03

  No.

• 6:14Caleb Hammer?

  You're saying stay.

• 6:16Speaker 03

  I stay at-

• 6:17Caleb Hammer?

  Continue. Double, please.

• 6:18Speaker 03

  Yes. I stay at every ad.

• 6:21Caleb Hammer?

  Well, there's a reason sponsorships are willing to give us money, I guess, and you are that reason.

• 6:25Speaker 03

  Yeah. I, I watch them all. I buy it if it, in the slightest, I like it.

• 6:32Caleb Hammer?

  And that's American consumerism's fault, not literally you.

• 6:36Speaker 03

  Uh, I-

• 6:39Speaker 03

  No, it's not my fault.

• 6:41Caleb Hammer?

  Why? How? Can you tell me?

• 6:45Caleb Hammer?

  So when you see a pharmaceutical ad, you run to your doctor immediately and say, "I was told to talk to you about this drug. May I please take it?"

• 6:52Speaker 03

  Uh, yeah, and I give him reasons as to why it would probably help me. Because like if that was a situation, like you're telling me about like pharmaceutical, if it was like something that like I wanted to like help myself with, you know? I would obviously ask him.

• 7:13Speaker 03

  Is that consumerism though pharmaceutical?

• 7:15Caleb Hammer?

  Yeah, I mean, as you fall into an ad and you actually do.

• 7:23Caleb Hammer?

  What do you spend on a monthly basis? If every ad is getting to you, what do you possibly spend on a monthly basis?

• 7:30Speaker 03

  If I had to guess, I mean, fifteen, fifty every two weeks. I'd guess I make or I spend like thirty, thirty-six.

• 7:37Caleb Hammer?

  Yeah, it's four thousand seven hundred and seventy-two dollars. So hmm, that isn't making it. But we got a sixty-three dollar tax uh return payment that somehow hit this late.

• 7:52Caleb Hammer?

  Well done.

• 7:52Speaker 03

  Which is state of Michigan's fault, right?

• 7:54Caleb Hammer?

  Oh, okay. It was the state. It wasn't federal. That makes more sense. Yeah, three thousand two hundred and thirty-eight came in. We averaged out at about three thousand one hundred, but regardless, four thousand seven hundred and seventy-two dollars and fifty-four cents flowed out.

• 8:07Speaker 03

  Well.

• 8:09Caleb Hammer?

  How can you survive off that? You're in a cheaper city. It should be easier to survive.

• 8:12Speaker 03

  Well, again, it's not my fault. If if I only spent sixteen hundred more.

• 8:18Caleb Hammer?

  You're gonna lose me here. I just, I'm a little confused. Like, that's something we're gonna have to get over like right away. The acknowledging what we have control over versus just outside forces. Not your fault, you still collect.

• 8:31Speaker 03

  I mean, spending sixteen hundred more or whatever amount was said more than I make and comes in.

• 8:39Speaker 03

  I mean, it's gonna come back around sometime, you know? What the [bleep] does that mean? It's not, it's not, it gets forever lost.

• 8:47Caleb Hammer?

  I guess, well, it depends. People are in forever debt in this country.

• 8:51Speaker 03

  Which is American consumerism's fault, not mine.

• 8:54Caleb Hammer?

  It's their fault. No actions, no behavior, no self-control, no budgeting. I mean, we've seen people come on the show, I was hoping, and so am, that you are one of those people. They come on, they budget, they change their lives, they take our educational programs, they use the budgeting app. And then boom, they change their life, and American consumerism still happens. They just take personal responsibility. You don't think there's a room for personal responsibility outside of that?

• 9:24Speaker 03

  Well.

• 9:24Caleb Hammer?

  Outside of consumerism.

• 9:25Speaker 03

  Caleb, if you.

• 9:26Caleb Hammer?

  Gary.

• 9:28Speaker 03

  Yes. If there's a box right here, like imaginary, like, look at that.

• 9:34Caleb Hammer?

  Yeah, I understand, it's a box.

• 9:36Speaker 03

  Responsibility is outside of the box. Consumerism is the fault.

• 9:45Speaker 03

  I like to talk in ideologies.

• 9:47Caleb Hammer?

  Ideology? That's an ideology?

• 9:48Speaker 03

  Or metaphor, whatever you call it.

• 9:50Caleb Hammer?

  It was a make-believe box that didn't really make sense.

• 9:54Speaker 03

  Well, it's in my head.

• 9:57Caleb Hammer?

  A little concerned of what's all in there.

• 10:00Speaker 03

  I know, sometimes me too, but I believe what I believe.

• 10:05Caleb Hammer?

  You believe what you believe, then why are you on a show to get your shit together? If you believe what you believe, big guy.

• 10:12Speaker 03

  I, uh, you know, in the back of my mind, I'm like, I want help, but, uh, you know, it's like, if I only spent a few twelve, sixteen hundred over, what'd I make? It's like.

• 10:27Caleb Hammer?

  Finally? You finally spent that much over, what you mean?

• 10:31Speaker 03

  I mean, I, I wouldn't be like surprised that I've spent that much prior. I mean, that's probably how I got into it, but it's like, I don't know.

• 10:41Caleb Hammer?

  What are you trying to say?

• 10:42Speaker 03

  Just trying to say that, like, money sometimes just, I don't think is real.

• 10:47Caleb Hammer?

  Okay, but explain how that makes sense then, because this is obviously impacting your life. Explain how that makes sense.

• 10:54Speaker 03

  So, this is the best way I can explain it, Caleb.

• 10:56Caleb Hammer?

  Are we going back to the box?

• 10:57Speaker 03

  No, I, I know I'm putting my hands here, but no, not a box right now. I might go back to it. So, the idea that money sometimes isn't real is, uh...

• 11:10Speaker 03

  You know, it's

• 11:12Caleb Hammer?

  I don't.

• 11:12Speaker 03

  It's when was money started in the US, you know, like?

• 11:20Caleb Hammer?

  We've had money since the beginning, but states had their own currencies for a while.

• 11:26Speaker 03

  But it's like a societal thing.

• 11:30Speaker 03

  So it's like I

• 11:31Caleb Hammer?

  Is this what Michigan has to offer? Is this what my home state has created?

• 11:36Speaker 03

  Well, I'm on the other side of the state. I know it's the same state. But you're from over there at Western?

• 11:46Speaker 03

  Yeah.

• 11:49Caleb Hammer?

  Uh huh.

• 11:51Caleb Hammer?

  Uh huh.

• 11:52Speaker 03

  I mean, that's my reasoning. So.

• 11:56Speaker 03

  I know. I know. You said the state of Michigan, but like I'm from the other side. So that that matters.

• 12:03Caleb Hammer?

  Did you drink the water you sent to Flint?

• 12:07Speaker 03

  I did, and it tastes very good, Caleb.

• 12:11Caleb Hammer?

  Uh huh.

• 12:12Speaker 03

  I pretty much drank the Kool-Aid.

• 12:14Caleb Hammer?

  Okay. Gotcha, big guy. Listen, why try to get your finances fixed and under control if you don't believe money is real?

• 12:22Speaker 03

  So there's the thing. I might come back to the box.

• 12:24Caleb Hammer?

  Please. I mean, your hands keep going there. I'm just waiting for you to. I'm just looking at one of those hands expecting it to go up a little too high.

• 12:34Speaker 03

  You're a funny guy, Caleb.

• 12:36Caleb Hammer?

  Thanks.

• 12:38Speaker 03

  No. Okay. So the box?

• 12:41Caleb Hammer?

  It's back.

• 12:42Speaker 03

  Yes, it's back.

• 12:45Speaker 03

  The reason I think that money isn't real and how it makes sense with everything I'm saying is because

• 12:53Speaker 03

  you know, I had something in mind. I try. I'm trying to explain it like I've. It's all messed up in here. It's like combobulated.

• 13:01Caleb Hammer?

  Yes. Yes.

• 13:03Speaker 03

  No, I have.

• 13:03Caleb Hammer?

  Good self-reflection.

• 13:07Speaker 03

  I'm smart. Trust me.

• 13:10Caleb Hammer?

  I hope I see it.

• 13:12Speaker 03

  Yeah, I mean, just I'm trying to explain it. It's like a.

• 13:15Caleb Hammer?

  Do you want to draw it?

• 13:16Speaker 03

  Do you have a piece of paper?

• 13:17Caleb Hammer?

  We have a whiteboard. You can draw it if you'd like, big guy. I want to help you get there. Listen.

• 13:25Caleb Hammer?

  We're going a little right now. We'll get into the money in a second. This is just. Only learn who this guy is so I can communicate with him. This is the most confused I've been in three and a half years of the show.

• 13:36Speaker 03

  Alright, so.

• 13:39Speaker 03

  Best way to explain it is like, best way to explain it is like a picture?

• 13:43Caleb Hammer?

  So I gave you the whiteboard.

• 13:45Speaker 03

  No, I didn't know if you want me to like write words or something, you know?

• 13:49Speaker 03

  But that doesn't really make sense.

• 13:51Caleb Hammer?

  You're killing her.

• 13:54Caleb Hammer?

  Yes, I said draw.

• 13:56Speaker 03

  Okay, so here's. I'll just do like figurative pictures, okay?

• 14:02Speaker 03

  This is like, this circle is like. Okay, that's not a circle.

• 14:09Speaker 03

  That's society, okay? That's like.

• 14:11Caleb Hammer?

  That's society.

• 14:12Speaker 03

  The circle. And then my mind is this arrow. I'm trying to think of like how society connects with like.

• 14:22Caleb Hammer?

  Wait, you're trying to draw how you think? You're not actually drawing what you think? Right now, you're trying to explain to me how you're thinking about the thing you're thinking about. I just want to know about the thing you're thinking about, not how you're thinking about it.

• 14:35Speaker 03

  You want to know the thing that I'm thinking about?

• 14:37Caleb Hammer?

  Yes.

• 14:38Speaker 03

  Or how I think it?

• 14:39Caleb Hammer?

  How you think about my, I, do you remember how we got it to this whiteboard? I asked you, why are you on a money show where I will help you budget? Cut back on things and change your life if you don't believe money is real? And then you tried to go back to the box and. You couldn't do that, so we gave you the whiteboard to explain.

• 15:03Speaker 03

  So, um, okay. What's the question again?

• 15:09Speaker 03

  I'll be able to do it this time if you tell me one more time.

• 15:11Caleb Hammer?

  Okay, big guy.

• 15:15Caleb Hammer?

  Oh.

• 15:17Speaker 03

  I'm trying my best here. I'm trying to show you.

• 15:20Caleb Hammer?

  I, I see you working. I know.

• 15:23Speaker 03

  I know, but like, the picture, I guess. I just need clarification on the question one more time.

• 15:28Caleb Hammer?

  Governor Whitmer, the governor of Michigan, has invited us to do a show with her to promote financial education. I think we have larger concerns, Governor, if you're watching.

• 15:40Speaker 03

  Okay.

• 15:41Caleb Hammer?

  No, leave it on. Yeah. Okay. The question was, if you believe money is fake, because I want to help you here. I want to help you here. If you believe money is fake, why the [__] did you come on a show about money? Where I help you get it figured out and live a better life? With goons and gaffes along the way, of course, but...

• 16:03Caleb Hammer?

  I would help. Why would you come on that?

• 16:06Speaker 03

  So now you're done? That's, that's the whole question?

• 16:07Caleb Hammer?

  That's the question. Why would you come on if you don't believe money's real?

• 16:11Speaker 03

  I came on thinking that money isn't real because I wanted to just like...

• 16:18Speaker 03

  Explain how I think about money and how it's not real, but you should always like, want to get better in finances, right? Financially.

• 16:28Caleb Hammer?

  But why if it's not real? Why do you, why do you, why should you get better?

• 16:32Speaker 03

  Uh, because societally, it would help you.

• 16:36Caleb Hammer?

  Okay, wouldn't that indicate that it's real? If it's impacted on everything in society?

• 16:43Speaker 03

  Uh, I mean, technically, but it's like...

• 16:48Caleb Hammer?

  Technically, what else matters besides technically?

• 16:52Speaker 03

  Um, I don't know, but it's just like, money is like a societal thing.

• 16:58Caleb Hammer?

  Please.

• 16:58Speaker 03

  It's like, okay, here's a dollar bill, right?

• 17:00Caleb Hammer?

  Please, there it is. There are very squiggly lines every line you try to draw.

• 17:06Speaker 03

  Thank you. I'm trying my best.

• 17:10Speaker 03

  There's a dollar bill right there.

• 17:11Caleb Hammer?

  That's, there it is.

• 17:13Speaker 03

  Someone had, someone at one point had to be like, there's this currency that literally dictates...

• 17:23Speaker 03

  Getting anything you want in life.

• 17:25Caleb Hammer?

  Anything you, okay, kind of. It's more of an exchange.

• 17:29Speaker 03

  Right, like bartering. But then they made this like-

• 17:32Caleb Hammer?

  We moved on from that, I guess.

• 17:33Speaker 03

  But then they made this piece of paper that's like-

• 17:35Caleb Hammer?

  And it was tied to the value of gold and then it wasn't.

• 17:38Speaker 03

  And now soon it's gonna be tied into the value of Bitcoin.

• 17:44Speaker 03

  It's gonna replace gold.

• 17:46Caleb Hammer?

  Okay.

• 17:50Speaker 03

  So stuff like-

• 17:51Caleb Hammer?

  So what's the point?

• 17:53Speaker 03

  My point is that

• 17:56Speaker 03

  money

• 17:58Speaker 03

  is a social construct. Like, that's pretty much what I'm trying to get at. It's like, it's real, but it's not. There can be two realities, right?

• 18:08Caleb Hammer?

  I think I need to bring in my interpreter. I don't know what the [bleep] you're saying. Bring in Brandon the interpreter. You know him, you love him. It's Brandon the interpreter, also known in my Instagram comment section as a [bleep].

• 18:23Caleb Hammer?

  That was the top light comment. But he's the interpreter, ladies and gentlemen, and he's back. I'm struggling here.

• 18:31Speaker 04

  We can get down to the bottom of this.

• 18:32Caleb Hammer?

  Yes. So right now, we're talking money and I'm really trying to, listen, this is the part of the show, you all know, I'm trying to just understand the guest and we have Gary. So that as we go through the documents, I'm able to communicate better and more effectively to get him out and also again, have some goons and laughs along the way. Gary, I'm confused. I'm struggling. I'll be honest. He doesn't believe in money. He doesn't believe in the concept of money yet. He's on a money show, but he says because he wants to get better because society revolves around it, but I guess it's still not real and everything is going to Bitcoin. What is the purpose of that then? What is the, what is your point? What is your overall point? I really want to understand so I can communicate with you better.

• 19:15Speaker 03

  My overall point in all of that that I was saying is pretty much is that like,

• 19:23Speaker 03

  I want an excuse.

• 19:26Caleb Hammer?

  To?

• 19:27Speaker 03

  To, for all of my spending habits, but at the same time, I've always thought in the past that like, it's like a social construct. I'll always make it back with like money and just overtime or like side hustles, like I'll always make the money back.

• 19:43Caleb Hammer?

  Side hustles? I don't see side hustles. Where's the side hustles? You're working for the water plant?

• 19:47Speaker 03

  Correct. I also do photography on the side and I do pressure washing.

• 19:52Caleb Hammer?

  Okay, yeah, the classic TikTok side hustle. I'm sure you do. I'm sure you make a lot of money off of it. Let's see.

• 19:59Speaker 03

  Not a lot, but.

• 20:00Caleb Hammer?

  No.

• 20:00Speaker 03

  No?

• 20:01Caleb Hammer?

  No!

• 20:02Speaker 03

  Okay.

• 20:03Caleb Hammer?

  No, not a lot. What? You just said it's not a lot. You said it's not a lot. I agreed and then you said, no?

• 20:08Speaker 03

  Alright, Mr. Hot Guy. I'm I make quite a bit on, not quite a bit. I mean, I make enough to be like sustainable side hustles to like.

• 20:21Caleb Hammer?

  You pay for the costs?

• 20:24Speaker 03

  The costs?

• 20:24Caleb Hammer?

  Now, Brandon, he called me hot guy. Please translate so I can adequately respond.

• 20:30Speaker 04

  I think he wants to fornicate with you in the post show, or maybe he's saying you're very popular.

• 20:35Caleb Hammer?

  Hmm, I could see you in a Home Depot under stall.

• 20:41Speaker 04

  He's talking about a glory hole.

• 20:43Speaker 03

  Oh, yeah, no. Thank you for the interpretation.

• 20:46Speaker 04

  You're welcome, brother.

• 20:48Speaker 03

  Definitely not.

• 20:50Caleb Hammer?

  Are you homophobic?

• 20:52Speaker 03

  Uh, yes.

• 20:52Caleb Hammer?

  I

• 20:55Caleb Hammer?

  I mean, the answer would have been no if it was no.

• 20:58Speaker 03

  I was about to say that, but then.

• 20:59Caleb Hammer?

  Well, there was lots of thought, lots of, uh, hmm, let me consider, uh, do I throw them off a roof today?

• 21:07Speaker 03

  Yeah, well, I'm definitely not homophobic.

• 21:10Caleb Hammer?

  Just a little homophobic.

• 21:11Speaker 03

  He said, he said I am, but I'm not. Trust me.

• 21:15Speaker 04

  That's the most clear answer we've gotten.

• 21:19Speaker 03

  Just trust me.

• 21:19Caleb Hammer?

  So he's spent a lot of money. You say it's a sustainable side hustles. What do you think you're spending your money on?

• 21:26Speaker 03

  I am spending most of my money on.

• 21:31Speaker 03

  Definitely more camera equipment. Uh, hoodies. I love hoodies.

• 21:38Speaker 03

  Every time I go in the store, I have to buy hoodies.

• 21:40Caleb Hammer?

  Why?

• 21:41Speaker 03

  Because if it has like a cool design on it and it's like, it has to be like that stretchy material.

• 21:45Caleb Hammer?

  You're not even wearing one here.

• 21:47Speaker 03

  I wore one here because it was cold, but I took it off.

• 21:52Speaker 03

  Because I like to be comfortable. Like if it's this, if the situation changes, it's like warmer. Yeah, I'm taking that thing off.

• 21:59Caleb Hammer?

  You've been told you spend fifty-five to sixty-five dollars a hoodie. How often are you getting a fucking hoodie?

• 22:04Speaker 03

  Uh, I'd say like one or two a month or more.

• 22:09Speaker 03

  Like if, like if I'm going to the store like once or twice every other week.

• 22:13Caleb Hammer?

  And your parents let you go alone?

• 22:15Speaker 03

  Uh, yeah, I've been alone on my own, spending wise, since I was like fifteen.

• 22:22Speaker 04

  When I go to the store, my caretaker comes with me.

• 22:26Caleb Hammer?

  Since fifteen? What do you mean?

• 22:28Speaker 03

  Like, I've never had like, anyone be like, oh, you shouldn't go buy that. You should...

• 22:33Caleb Hammer?

  But on your own? You're saying your parents didn't pay for your food and roof and blah, blah, blah since fifteen?

• 22:40Speaker 03

  Uh, that they did. But I'm talking...

• 22:42Caleb Hammer?

  So you weren't financially on your own since fifteen? What do you think financially on your own is?

• 22:46Speaker 03

  Did I say I was financially on my own?

• 22:51Speaker 04

  To be fair, I'd never really answered the question.

• 22:53Caleb Hammer?

  Kind of.

• 22:54Speaker 03

  I didn't say those exact words, I don't believe.

• 22:56Caleb Hammer?

  Okay, so it's coming down to technical words, sure.

• 23:01Caleb Hammer?

  So, what are you trying to say again? Because a- as usual, I don't understand your point.

• 23:08Speaker 03

  My point is that, uh...

• 23:14Speaker 03

  I...

• 23:17Speaker 03

  I buy those sweatshirts and I was financially...

• 23:19Caleb Hammer?

  No, you're saying because you were on, you were financially blah, blah, blah something by fifteen. What is that?

• 23:25Speaker 03

  Uh, since fifteen, pretty much it's like, everything aside from like, you know, like, food and like, household costs. Like, obviously, my mom covered all that.

• 23:35Caleb Hammer?

  Until? When have you, how long have you been independent, big guy?

• 23:39Speaker 03

  Independent... Since after college. So it's really...

• 23:44Caleb Hammer?

  Which was? What age?

• 23:47Speaker 03

  Almost twenty-three, twenty-two.

• 23:49Caleb Hammer?

  Okay, so it's been two years, potentially three.

• 23:52Speaker 03

  Yes.

• 23:54Caleb Hammer?

  Right.

• 23:55Speaker 03

  So I.

• 23:55Caleb Hammer?

  And when you gain financial independence, that meant buying every hoodie we can possibly find.

• 24:00Speaker 03

  Well, yeah, cuz it's my money. I'm making it.

• 24:03Caleb Hammer?

  Yes, but why hoodies and overspend by, what was it, a thousand, two thousand? I forgot at this point.

• 24:08Speaker 03

  I believe it was like fifteen, sixteen hundred over.

• 24:10Caleb Hammer?

  Hmm, then why the hoodies?

• 24:13Speaker 03

  Uh, because all the ones prior years of me having them, they don't fit me anymore. So it's like.

• 24:19Caleb Hammer?

  How much going out to eat last month?

• 24:23Caleb Hammer?

  Dollar wise.

• 24:24Speaker 03

  Ballpark three hundred?

• 24:26Caleb Hammer?

  Okay, yeah, a thousand. Okay, you don't know shit. You don't track anything? Do you? Do you use any kind of app? Obviously, I prefer. Dollar wise. Let's talk about student loans. I know it's something we all avoid talking about, but if your private student loans are crushing you, Yrefi might be exactly what you need. They don't rely on your credit score alone. They look for borrowers who have the desire and the ability to repay. That is a game changer in a market where most lenders only see a number. Interest rates, under six percent guaranteed. That's practically a unicorn in student lending.

• 25:06Caleb Hammer?

  Plus, they offer structured payment plans to lower your monthly bill and even a co-center release program so your mom and dad can step off the hook. Yrefi is known for their personal service. No faceless call centers. You get a dedicated rep who actually.

• 25:23Speaker 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 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 eighteen plus.

• 25:48Caleb Hammer?

  cares about your progress. They've got a 4.6 star rating on Google, which tells you people genuinely like working with them. So if your private student loans are burying you, it is time to reach out. Y refi wants to help you climb out of debt, not push you further into it. Check them out at y refi.com slash hammer. That is Y R E F Y dot com slash hammer. Or call triple eight nine seven three three nine seven eight. That is triple eight nine seven three three nine seven eight. Break free from the high interest trap and get your finances under control once and for all.

• 26:23Speaker 03

  I've used Dollar Wise and I've used Dave Ramsey, something, whatever.

• 26:28Caleb Hammer?

  Okay, well, why the don't you use it other than just set it up? Because you wouldn't know the answer to this question if you did.

• 26:35Speaker 03

  Because it's like, I was trying to set it all up and I know it's very easy, you know, to do it.

• 26:43Caleb Hammer?

  Yes.

• 26:44Speaker 03

  But then I was like, I got this. So I did it. Google Sheets.

• 26:49Caleb Hammer?

  You in fact did not got this.

• 26:53Caleb Hammer?

  I thought you spent 300. It was a thousand, just under.

• 26:57Speaker 03

  Okay, going out to eat.

• 27:00Caleb Hammer?

  Yes, food that wasn't groceries. Yes, yes, yes.

• 27:07Caleb Hammer?

  What was your major?

• 27:09Speaker 03

  Zoology.

• 27:11Caleb Hammer?

  Ah, yeah. Yes, okay.

• 27:15Speaker 03

  That makes sense, doesn't it?

• 27:17Caleb Hammer?

  It does. Yeah.

• 27:22Caleb Hammer?

  Okay.

• 27:22Speaker 03

  Okay.

• 27:23Caleb Hammer?

  What's your favorite animal?

• 27:24Speaker 03

  Well, I mean, I gotta say it.

• 27:26Caleb Hammer?

  What's your favorite animal?

• 27:28Speaker 03

  Siberian tiger.

• 27:30Caleb Hammer?

  Very good.

• 27:31Speaker 03

  But I just gotta say, at least I finished college, so.

• 27:34Caleb Hammer?

  I dropped out and decided to do something with my life. Yes.

• 27:36Speaker 03

  Well, I'm doing something with.

• 27:38Caleb Hammer?

  You're poisoning a city.

• 27:40Speaker 03

  Well,

• 27:42Speaker 03

  I'm trying to take the fluoride out.

• 27:45Speaker 03

  I'm trying to advocate for taking the floor it up.

• 27:47Caleb Hammer?

  I don't think that's what got Flint.

• 27:49Speaker 03

  No, that's not what got Flint, and I know it got Flint, but that's not me. I'm trying to help the water.

• 27:56Speaker 04

  I pet the giraffe and I poison the people.

• 27:59Caleb Hammer?

  I mean, I'm being told you're just endlessly obsessed with gift giving.

• 28:03Speaker 03

  Yeah, I'd say my love language is just giving.

• 28:07Caleb Hammer?

  To who?

• 28:09Speaker 03

  Literally anybody. I mean, I can go into it, but mostly my family. I love just giving gifts if it's not even their birthday. I just, if something reminds me of them, it's like, that's how I want to show appreciation.

• 28:22Caleb Hammer?

  What about the insane amount of money you've spent on galaxies on TikTok lives? That's gift giving?

• 28:29Speaker 03

  Technically, but TikTok's taking it.

• 28:33Speaker 03

  They're getting most of the money, but I don't know how else to give them the money, the people.

• 28:37Caleb Hammer?

  Why aren't you just going out and just giving everyone galaxies though? When you can't pay your own damn bills, you're spending by 1500.

• 28:45Speaker 03

  Um, you know, sometimes I want to show my kindness, like that's just from my heart. And I just, I wanted to buy those coins for TikTok.

• 28:57Caleb Hammer?

  Uh huh.

• 28:58Speaker 03

  Yeah, to give them galaxies.

• 28:59Caleb Hammer?

  Well, who are you even, who are you contributing to?

• 29:02Speaker 03

  I'm contributing somewhat of an amount of the galaxies to the actual.

• 29:08Caleb Hammer?

  Who are you giving them to?

• 29:11Speaker 03

  People that have like no viewers and like moms and people that probably need them.

• 29:17Speaker 04

  I support single mothers.

• 29:19Speaker 03

  Yeah, I'll always support single mothers.

• 29:22Caleb Hammer?

  How many have you made?

• 29:24Speaker 03

  How many have I made? What?

• 29:25Caleb Hammer?

  No, they say nut is the most powerful.

• 29:29Speaker 03

  I must be that because I don't know what that is.

• 29:36Speaker 03

  I really don't.

• 29:41Speaker 04

  I am the [__] nut.

• 29:42Caleb Hammer?

  I care.

• 29:43Speaker 03

  I mean, essentially, that's what I just said.

• 29:47Caleb Hammer?

  Translated, you just got corrected. You just got owned.

• 29:53Speaker 04

  By Mr. Galaxy.

• 29:56Speaker 03

  No, to be, to be fair, it's, it's not that much for a galaxy.

• 30:00Caleb Hammer?

  Yeah, but I'm being told you just go into random ass people's TikTok, just endlessly random people and just gift galaxies galore. You can't do this in any way whatsoever. How could you possibly justify this in an affordable way?

• 30:11Speaker 03

  Uh, I set a budget. I only bought a certain amount of coins, so that's a budget.

• 30:15Caleb Hammer?

  You set a budget, but you overspent by fifteen hundred and you thought you spent three hundred to go out to eat, but you spent a thousand. What are you talking about? You set a budget. You want to know a budget that, that fills in a [__] zoo?

• 30:25Speaker 03

  Well, now that I know the Austin Zoo doesn't exist, uh.

• 30:28Caleb Hammer?

  I think it's like a petty, it's like a little thing, but this is not what you think it is. Okay. It's like a wildlife sanctuary.

• 30:35Speaker 03

  Oh.

• 30:37Caleb Hammer?

  Uh, that wasn't the point. You can't have me go [__] talking about Austin Zoo.

• 30:41Speaker 03

  Well, no, only, only like seven hundred more eating out than I thought. That's, that's not too bad.

• 30:51Speaker 04

  I have a budget, but it goes towards galaxies and anything left over goes towards food.

• 30:56Caleb Hammer?

  You have nothing left over. You spent fifteen hundred more than you brought in. You have nothing left over.

• 31:01Speaker 03

  The way my mind works is if I get a pay.

• 31:04Caleb Hammer?

  Please, yes.

• 31:05Speaker 03

  Yeah, I'll draw it. Like, this dollar bill I had drawn previously, right?

• 31:09Caleb Hammer?

  Yeah, let's keep using that.

• 31:11Speaker 03

  Let's pretend that's now payday, right? Pay, first payday of the month. And then I'm like.

• 31:17Speaker 04

  We're gonna add a dollar bill.

• 31:20Speaker 03

  From this?

• 31:21Speaker 04

  It's payday.

• 31:22Speaker 03

  Okay, so this is payday, first payday.

• 31:24Caleb Hammer?

  It's payday.

• 31:25Speaker 03

  Fifteen hundred bucks.

• 31:26Caleb Hammer?

  You write payday so I know?

• 31:27Speaker 03

  Yep.

• 31:30Speaker 03

  There you go.

• 31:31Caleb Hammer?

  There we go. One whole word.

• 31:33Speaker 03

  And then.

• 31:34Caleb Hammer?

  Nice and big.

• 31:35Speaker 03

  Let's say it's fifteen hundred bucks, right? All my bills come out that are due before the next paycheck. And I'm like, oh, I have like four hundred bucks left.

• 31:43Caleb Hammer?

  So let's spend a thousand?

• 31:46Speaker 03

  No, I mean, I'll spend like most of it.

• 31:47Caleb Hammer?

  Please draw.

• 31:48Speaker 03

  Okay. Let's say I have four hundred left, right? After paying all my bills that are due between this paycheck and the next. Right? So if I have four hundred bucks, it's like, I have four hundred dollars to spend. It's like on galaxies and stuff. Because I don't have to pay anything between those two paychecks.

• 32:12Speaker 03

  Because I'll get my next paycheck and I'll have money for the next bills.

• 32:22Caleb Hammer?

  How'd you spend more than fifteen hundred than you brought in then?

• 32:27Caleb Hammer?

  Fifteen hundred more than you brought in? How?

• 32:29Speaker 03

  How?

• 32:30Caleb Hammer?

  How?

• 32:31Speaker 03

  Uh, just, I'll go into Costco or something, you know? And I, I see like a graphic tee for my sister and it's like Winnie the Pooh or a cat on it.

• 32:40Caleb Hammer?

  That's, that's not, that's not-

• 32:41Speaker 03

  No, like small little, like, things like that. It adds up.

• 32:44Caleb Hammer?

  Okay, the items, I get it. From a very literal how, I get it. I mean more, if you are budgeting and you know you have four hundred left over, how then are we getting to the place in your math where you spend fifteen hundred dollars more than you make and you didn't know?

• 33:00Speaker 03

  Oh.

• 33:01Caleb Hammer?

  In your equation, your grand equation.

• 33:04Speaker 03

  Yeah, it's not a finished equation yet.

• 33:06Caleb Hammer?

  I'd love to see the conclusion.

• 33:08Speaker 03

  Okay, so four hundred left. I spend whatever amount and then I'm like, "Well,

• 33:17Speaker 03

  you know,

• 33:19Speaker 03

  the credit cards are essentially like free money, even though it doesn't exist, you know?"

• 33:26Speaker 03

  Because ever since I bought my first credit, my first credit card when I got it, I was like, you know, "I should be smart about this, use it as a debit card," right? But since I have like as many as I have now, it's like, "Come on, if I have enough credit limit left, it's like,

• 33:45Speaker 03

  that's how I do it." I mean, if I don't have enough from the four hundred left over from that one paycheck, it's like-

• 33:52Speaker 04

  Okay.

• 33:55Speaker 04

  So when I spend everything that I'm paid for my job, I then switch to a credit card. But because it's not tied to my primary checkings, I don't view it as money that I'm spending. That bill comes later.

• 34:09Speaker 04

  You get what I'm saying?

• 34:10Speaker 03

  I get what you're saying.

• 34:13Caleb Hammer?

  Why they approve you for credit cards?

• 34:15Speaker 03

  This is helping me understand myself. Thank you.

• 34:18Speaker 04

  I'll hold your hand at the zoo later.

• 34:23Caleb Hammer?

  Alright, let's get into these numbers. I'm gonna die. I'm gonna die. Let's send Brandon back. Please.

• 34:30Speaker 03

  What if, what if we all three go to the zoo together?

• 34:32Caleb Hammer?

  That's okay.

• 34:36Caleb Hammer?

  Goodbye translator.

• 34:41Caleb Hammer?

  Listen, ladies and gentlemen.

• 34:44Caleb Hammer?

  I hope I helped this man. His worldview is very weird and I'm trying to get through. But this will still end up being a productive conversation in the end, cuz I guarantee you, you know someone in your life just like this, and hopefully this, just send this to them and show them what they look like.

• 35:01Caleb Hammer?

  Okay.

• 35:04Caleb Hammer?

  I want you to give me a score from zero to 10 on your entire finances. Your financial score. What do you think it is? Zero is the absolute worst. 10 is the absolute best. Where do you think you stand?

• 35:17Speaker 03

  Previously?

• 35:18Caleb Hammer?

  No, where do you stand now?

• 35:20Speaker 03

  Right now, I think I'm at like a one and a half.

• 35:23Caleb Hammer?

  Very good. Where did you think you were previously? Like, that matters for some reason.

• 35:27Speaker 03

  Because I thought I was at like, more of like a two and a half, three.

• 35:30Caleb Hammer?

  You're, you're, you're trying to tell me you previously thought you were something else? Not that you previously were something else? You're trying to tell me what you thought about. Like, you're telling me about a dream you had last night.

• 35:39Speaker 03

  Yeah. I, I, I have dreams quite frequently.

• 35:42Caleb Hammer?

  I care about your thought now, not what previous thought you had. Okay. Ladies and gentlemen of Financial Audit, this is one of the most exciting-

• 35:51Speaker 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.

• 36:15Caleb Hammer?

  Seen moments in this channel's history. You know, I've been working on building all these educational tools or 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? If you are struggling or you want to learn more, or you want to change your life in any way whatsoever, like

• 36:57Caleb Hammer?

  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. If you want to know where you stand in the world of finances, take the free Hammer Financial Score Assessment at CalebHammer.com. It's free. See where you need to improve. Where you're doing great. It just takes a few minutes and you'll see where you stand. And if you don't want to be like a guest who ends up on the show, I don't know if it's going to help in this case, but make sure you download the Dollar Wise Budgeting App. Take the free trial. Sign up for the annual version. If you want to save a lot of money. And when you do, only for a couple of

• 37:41Caleb Hammer?

  months left, I am giving my budget friendly cookbook to you, signed by me, mailed directly to your door. Okay, okay. Dollarwise.com. Learn more about that. I'm, I'm, I'm, okay.

• 37:57Caleb Hammer?

  Um, let's see. What have we got here?

• 38:01Caleb Hammer?

  Oh, a checking account. That's rare. Usually we start with a credit card. So, so unfortunately probably means something's interesting here. The available balance on your account wasn't enough to cover all recent purchases and payments. The connectivity detail is available on the next page. Your available balance was negative $39.55 on the date this was

• 38:27Caleb Hammer?

  You're overdrafting. Why are you overdrafting for hoodies? We're for hoodies. We're overdrafting. Well, cuz it's not real? Well, you know what's real? The penalties that you have to pay.

• 38:35Speaker 03

  Like I was saying before, uh, I've heard people say it before too. It's like the late fees and stuff like that. They're not that much compared to like.

• 38:45Caleb Hammer?

  Compared to what? You don't have money. You don't make money.

• 38:49Speaker 03

  I mean, I make.

• 38:50Caleb Hammer?

  You make money, but you spend it all. You don't make enough to cover your shit. This is what I'm saying.

• 38:57Speaker 03

  Well, I think I do. I, I mean.

• 39:00Caleb Hammer?

  What?

• 39:01Speaker 03

  Okay, the numbers, they might say something.

• 39:03Speaker 05

  The numbers, basically. What do they mean?

• 39:06Caleb Hammer?

  Yes, they're more coherent than you are.

• 39:11Caleb Hammer?

  By far.

• 39:12Speaker 03

  I mean, not, not by that far. I mean, I'm pretty coherent. I think these pictures I was drawing and the way I like say things, yeah.

• 39:22Caleb Hammer?

  Buddy, that's the furthest you got on a picture was three items.

• 39:25Speaker 03

  Well, because I was too busy explaining, okay? I'm not good at drawing. I'm not.

• 39:30Caleb Hammer?

  Not a multitasker.

• 39:32Speaker 03

  I'm very much so not a multitasker.

• 39:34Caleb Hammer?

  Are you a singular tasker?

• 39:36Speaker 03

  I'm a singular tasker.

• 39:37Caleb Hammer?

  Are you sure?

• 39:38Speaker 03

  I am.

• 39:39Caleb Hammer?

  You're able to even do one?

• 39:41Speaker 03

  That's the thing. I start doing the one task, the single task, and then I get distracted. And I don't finish that task after, until after I start three other tasks.

• 39:52Caleb Hammer?

  What about the task of having enough money in your checking account?

• 39:55Speaker 03

  It's kinda down in the list of priorities.

• 39:58Caleb Hammer?

  Why?

• 39:59Speaker 03

  Because.

• 40:00Caleb Hammer?

  But you just said, I make money. I have enough to pay my bills. That's the truth. Ba ba ba ba ba ba ba ba ba. That is what you said.

• 40:10Caleb Hammer?

  Yes, in your own words.

• 40:14Caleb Hammer?

  That's obviously not true if you have negative money in your checking account.

• 40:19Speaker 03

  That's not the most negative it's been before.

• 40:23Caleb Hammer?

  Great, it's a competition. What's the most negative it's been?

• 40:25Speaker 03

  Negative 700 at once.

• 40:27Caleb Hammer?

  What?

• 40:28Speaker 03

  Yes.

• 40:29Caleb Hammer?

  I've never heard of that. For what?

• 40:31Speaker 03

  So.

• 40:32Caleb Hammer?

  For why?

• 40:33Speaker 03

  It was like that same situation. I had like negative 39, but then my car payment came out on top of.

• 40:39Caleb Hammer?

  Why weren't you preparing? Why weren't you planned? That, believe it or not, when the car payment comes out, that means it usually comes out on a monthly basis, on a consistent basis.

• 40:49Speaker 03

  Yes, that's correct.

• 40:51Caleb Hammer?

  Sure.

• 40:52Speaker 03

  Car payments come out once a month, but.

• 40:56Speaker 03

  It was just this one time, Caleb. Trust me.

• 40:59Caleb Hammer?

  I don't.

• 41:00Speaker 03

  I trust myself, though.

• 41:01Caleb Hammer?

  Good.

• 41:02Speaker 03

  Because if it was negative beforehand, and then I was like, oh, shoot, my car payment came out. And I was distracted with other things, you know? If I was like, I-

• 41:11Caleb Hammer?

  What, you're gonna use the TikTok ADHD brain? As an excuse to miss a car payment? That wasn't getting lost in a sentence or a drawing. That's a, that's a monthly bill that is due every single month on a consistent basis.

• 41:23Speaker 03

  Yes, and it's written down in my calendar.

• 41:27Caleb Hammer?

  Clearly, that's not enough. You have to fu- use a digital app, dude.

• 41:31Speaker 03

  I do need it.

• 41:32Caleb Hammer?

  You wrote it in your notes pad?

• 41:35Speaker 03

  Yeah.

• 41:35Caleb Hammer?

  Great. Put it on the calendar. Set a reminder.

• 41:38Speaker 03

  Uh, yeah, I mean, I don't like having a lot of apps on my phone.

• 41:42Caleb Hammer?

  Can I see these notes? These special notes?

• 41:45Speaker 03

  The notes?

• 41:45Caleb Hammer?

  Yeah, they definitely don't have a manifesto in it of some kind? Please?

• 41:50Speaker 03

  Uh, I mean, I don't, I don't know if I have the notes on hand.

• 41:53Caleb Hammer?

  But you said they're on your phone.

• 41:55Speaker 03

  Oh, the notes for what?

• 42:01Caleb Hammer?

  Brandon, I sent you away too soon.

• 42:05Caleb Hammer?

  You, you just talked about you have a note where your car bill is due. On a monthly basis.

• 42:11Speaker 03

  Yeah, like on my Google Calendar.

• 42:13Caleb Hammer?

  Good, good, good. Let me see.

• 42:14Speaker 03

  That's what I was trying to get at.

• 42:15Caleb Hammer?

  Yeah, yep, the same topic we've been on, yes.

• 42:19Speaker 03

  So you wanna see it?

• 42:20Caleb Hammer?

  Oh, let's, let's, third attempt.

• 42:26Speaker 03

  I'll unlock it here.

• 42:28Caleb Hammer?

  Huh?

• 42:28Speaker 03

  You wanna see it?

• 42:30Caleb Hammer?

  Yes.

• 42:32Speaker 03

  Alright.

• 42:34Caleb Hammer?

  Yeah, car payment, it's on the 5th, discovered payment on the 12th. He has these in red.

• 42:39Speaker 03

  And I get the notifications, like-

• 42:41Caleb Hammer?

  You get the notifications?

• 42:42Speaker 03

  Ahead of time.

• 42:43Caleb Hammer?

  So what's the excuse then? For Saturday long runs. At 5:00 AM. Pay mo- pay mom on Friday, oh.

• 42:52Speaker 03

  Yeah, it's the twice a week.

• 42:53Caleb Hammer?

  Learn more about that. Twice a week? Or twice a month?

• 42:58Speaker 03

  Alright, it's twice a month, yeah. Every two weeks.

• 43:01Caleb Hammer?

  We got you there. Here we go. Senior session. On Sunday, there's a senior session.

• 43:09Speaker 03

  Photography session. I take senior photos.

• 43:16Caleb Hammer?

  Do they have to go away from the school? For you to be able to be there and participate?

• 43:21Speaker 03

  I mean, it depends who you ask, but yeah.

• 43:25Caleb Hammer?

  What about the state of Michigan?

• 43:27Speaker 03

  No, I mean, it's, sometimes they allow me on the school to do it. With special permission.

• 43:38Speaker 03

  I'm just joking. Or am I?

• 43:42Caleb Hammer?

  I hope so. Oh, upcoming, these are already, these are processing. We had Taco Bell, the Colony Club, Klarna Tractor Supply, Chick-fil-A, Colony Club, Colony Club, Spotify, yacht. All of that was processing, that wasn't even purchases that were officially done yet. Oh, good, and we started with negative $141.31.

• 44:10Speaker 03

  On what?

• 44:10Caleb Hammer?

  The checking account, the account we're talking about.

• 44:13Speaker 03

  This is still the same account?

• 44:15Caleb Hammer?

  It's still the same account.

• 44:16Speaker 03

  Okay, so, the reason that I went to all those places is because...

• 44:23Caleb Hammer?

  You were hungry?

• 44:25Speaker 03

  Well, yeah, cuz I like food.

• 44:28Caleb Hammer?

  It's an actual reason?

• 44:30Speaker 03

  That's, that's my reason, I like food, and they, don't, no. Those were like events, you know?

• 44:35Caleb Hammer?

  Chick-fil-A was an event?

• 44:37Speaker 03

  No, the, the Huron Club.

• 44:38Caleb Hammer?

  Taco Bell was an event?

• 44:40Speaker 03

  The one thing I was referring to was an event, not all of them.

• 44:43Caleb Hammer?

  Klarna Tractor Supply was an event, Spotify was an event?

• 44:46Speaker 03

  So the Klarna was not an event?

• 44:48Caleb Hammer?

  You're right, so the one time we saw the yacht.

• 44:54Speaker 03

  It was a yacht club, it was a, I believe it was, I don't remember what holiday it was, but it was like an event in like a tent party. So, I had to buy drinks, obviously.

• 45:03Caleb Hammer?

  It wasn't a holiday, it was, it was well after the 4th of July. When you swiped on it.

• 45:09Speaker 03

  Memorial Day, when's Memorial Day? Or is that in my way?

• 45:11Caleb Hammer?

  Not two weeks after the 4th of July.

• 45:13Speaker 03

  Okay, well, either way, I was hungry, you know? I mean, that explains it. We don't need him for the interpretation, cuz I'm good at it.

• 45:23Caleb Hammer?

  Oh.

• 45:27Speaker 03

  That's a nice shirt you got.

• 45:29Caleb Hammer?

  Thank you.

• 45:30Speaker 03

  Nice colors, too. Green and white.

• 45:32Caleb Hammer?

  Yeah.

• 45:35Caleb Hammer?

  It is. It's a better green, though.

• 45:37Speaker 06

  And hot flashes all shifted. My nipples are killing me.

• 45:41Speaker 03

  I don't think so.

• 45:45Caleb Hammer?

  I was gonna say this.

• 45:48Caleb Hammer?

  Both football teams suck, but at least mine won. My hockey team won the national championship last year and you guys got kicked out beyond early because Michigan State has a pussy-ass hockey team.

• 45:58Speaker 03

  Well...

• 46:02Speaker 03

  I'm gonna fully disagree on that.

• 46:04Caleb Hammer?

  The Broncos, for the first time ever, are national champions. We won!

• 46:10Speaker 03

  Yeah, you won what, though?

• 46:11Caleb Hammer?

  The national championship.

• 46:13Speaker 03

  What, of D4?

• 46:15Caleb Hammer?

  Division 1. We beat you guys like four times.

• 46:20Caleb Hammer?

  You know, the nation, the United States, Division 1 NCAA, the top dog.

• 46:27Caleb Hammer?

  The biggest... In the biggest conference, in the best performing conference, NCH.

• 46:32Speaker 03

  Well, I'm gonna-

• 46:33Caleb Hammer?

  CHD, sorry.

• 46:33Speaker 03

  I'm gonna have to be like shown that they won that because I don't believe you.

• 46:40Caleb Hammer?

  Okay, well, here we go.

• 46:43Speaker 03

  You're telling me Western Broncos hockey won the Nationals?

• 46:47Caleb Hammer?

  There are no bad days ever in Kalamazoo. Yes.

• 46:52Speaker 03

  And beat MSU multiple times.

• 46:53Caleb Hammer?

  Yes.

• 46:56Speaker 03

  Yeah, no.

• 46:57Caleb Hammer?

  Okay.

• 46:59Speaker 03

  How can people from Kalamazoo beat anybody in hockey?

• 47:05Caleb Hammer?

  Uh, big guy. First of all, we beat you guys in hockey almost every time because you guys do not have a good hockey team. It's the one good sports program we have. Second of all...

• 47:18Caleb Hammer?

  Why are you so confident on something that you don't even follow?

• 47:25Speaker 03

  Huh.

• 47:26Caleb Hammer?

  Huh, interesting.

• 47:28Speaker 03

  That is very interesting, because that looks like a fake.

• 47:31Caleb Hammer?

  Ah, yes, Google, classic fake website.

• 47:36Speaker 03

  Yeah, how reliable is AI? That was an AI response.

• 47:40Caleb Hammer?

  Okay, how about the NCAA website? You know, the one that is sports?

• 47:48Speaker 03

  Huh. Well, you know, it's, I like to believe it's like Wikipedia, like anyone can edit it.

• 47:58Caleb Hammer?

  The NCAA website, okay.

• 47:59Speaker 03

  Alright, well, either way.

• 48:01Caleb Hammer?

  Listen, it's the one thing we got.

• 48:03Speaker 03

  No, MSU hockey is good. I'll hold on to that.

• 48:08Caleb Hammer?

  It's not as good, okay. Very good. Going in here, we got purchase at wings. Oh, that's what we overdrafted for was purchase at wings.

• 48:19Speaker 03

  They have amazing wings.

• 48:20Caleb Hammer?

  Yes, you overdrafted for it.

• 48:23Speaker 03

  Well, I didn't notice at the time.

• 48:24Caleb Hammer?

  How do you not look at your accounts, dude? If you're running close to zero, how are you not looking at your account for every purchase?

• 48:29Speaker 03

  Well, for every purchase, it's like.

• 48:31Caleb Hammer?

  No, if you know you're nearing zero, how are you not freaking out when you're going and swiping?

• 48:36Speaker 03

  Because, I don't know, at that moment, at that moment, it's like.

• 48:40Caleb Hammer?

  You spent a third of your income going out to eat. A third.

• 48:45Speaker 03

  Really?

• 48:45Caleb Hammer?

  What do you think a thousand dollars versus three thousand dollars is? It's a third.

• 48:50Speaker 03

  I guess it is. Uh, I don't know, if anything.

• 48:55Caleb Hammer?

  Oh, my gosh, ladies and gentlemen, that is by all technical metrics, a better school and university.

• 49:03Caleb Hammer?

  Hi, listen here, financial audit. I've curated the exact resources and tools I personally use or would use if I was in certain situations. So, take advantage of these offers in the resources section in the description below. The first one, I've moved my investments to Weebull. Do the same and transfer to my investing app of choice and you get cash bonuses of $200 all the way up to $30,000, depending on initial funding amounts, and up to 8.1% APY on your money, and up to 3.5 matches for your IRA. And then, number two, a great new checking account that I've switched over from SoFi, and it's called Chime. Get that.

• 49:44Speaker 00

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• 50:09Caleb Hammer?

  $550 bonus when you sign up with direct deposit and get almost 4% on your money just sitting there. And then three, automate your investing with Acorns. Usually signup incentives are only five bucks, but you get $20 with my link. Number four, you can increase your income and boost your resume with a course career certification. Five, if T-Mobile is good in your area, switch to Helium and get a literal $0 a month phone plan for the same exact service. But most importantly, go get your free Hammer financial score and see where you stand in the world of finances. Take the assessment at CalebHammer.com. You will not regret any of these change your life today. Well, I am dramatically concerned and you have brought down their acceptance rate and admissions standards

• 50:54Caleb Hammer?

  single-handedly in one episode of Financial Audit.

• 50:57Speaker 03

  Well, you know, it was probably on MSU's fault. It was probably their fault because...

• 51:02Caleb Hammer?

  You're not making them look better.

• 51:05Speaker 03

  I know, that's the... I'm saying like, they only accepted me because they lowered their standards.

• 51:11Caleb Hammer?

  DEI for...

• 51:13Speaker 03

  Yeah, didn't earn it.

• 51:14Caleb Hammer?

  You did not earn going there.

• 51:16Speaker 03

  No.

• 51:17Caleb Hammer?

  Are you accepted... Is he clinically...

• 51:23Speaker 03

  I don't think so.

• 51:25Caleb Hammer?

  Wait, I want to make sure. Are you clinically...

• 51:27Speaker 03

  Never diagnosed.

• 51:32Speaker 03

  But I wouldn't be surprised if... If you know a good doctor in this area, I don't leave till tomorrow morning. So if you want to get...

• 51:39Caleb Hammer?

  I'm not sending you to a doctor.

• 51:40Speaker 03

  No, not sending you, just recommend. And I could go. I'll get clinically diagnosed for you.

• 51:45Caleb Hammer?

  Stop, stop, stop, stop.

• 51:47Speaker 03

  Just so you can...

• 51:48Caleb Hammer?

  I think it just... I don't know. You're obviously... What did you... It was in zoology, but... I mean, I never care about this and I've never even asked this in my life, but I have to for you. What did you graduate GPA?

• 52:00Speaker 03

  Let's just say it was...

• 52:01Caleb Hammer?

  What did you graduate GPA?

• 52:03Speaker 03

  2.97.

• 52:04Caleb Hammer?

  Okay, so almost 3PO, 3.0?

• 52:06Speaker 03

  Yeah, it was all right. But high school, I had a 4.2.

• 52:09Caleb Hammer?

  In Detroit.

• 52:12Caleb Hammer?

  Yeah.

• 52:13Speaker 03

  I, I have a feeling you don't believe me on that.

• 52:16Caleb Hammer?

  No, I do. In Detroit.

• 52:19Speaker 03

  Well, is that surprising?

• 52:22Caleb Hammer?

  No. It's the opposite of surprising. I, I see it all. Right in front of me.

• 52:27Speaker 03

  Well, thank you.

• 52:31Caleb Hammer?

  Oh, what the fu- Was that it? Was that it? Just a wings purchase in the overdraft? That's the entire account?

• 52:38Speaker 03

  Yes.

• 52:39Caleb Hammer?

  That's it?

• 52:42Caleb Hammer?

  What did I just look at? It's one purchase!

• 52:50Caleb Hammer?

  The entire f- month. The entire f- month was w-

• 52:58Speaker 03

  It was well worth it.

• 52:59Caleb Hammer?

  It was one purch-

• 53:09Speaker 03

  I'm trying to get around to where you are right now.

• 53:12Caleb Hammer?

  It was one purchase!

• 53:19Speaker 03

  You know, I think it's funny too.

• 53:25Speaker 03

  I'm just trying to understand it. But it's funny.

• 53:30Speaker 03

  I mean, that, that one purchase made it go negative, right?

• 53:33Caleb Hammer?

  It sure did. It sure did.

• 53:39Speaker 03

  Well, I'm glad I could make you laugh, Caleb.

• 53:41Caleb Hammer?

  I've just never seen anything like that in my life. That I've filmed so many of these.

• 53:53Caleb Hammer?

  Oh. Oh, man.

• 53:55Speaker 03

  Yeah, that's the end of it, I think.

• 53:57Caleb Hammer?

  Oh, you ended with negative thirty-nine dollars. Okay.

• 54:01Speaker 03

  It's better than negative a hundred.

• 54:05Caleb Hammer?

  Yeah. It sure is. Oh.

• 54:11Caleb Hammer?

  Okay.

• 54:12Speaker 03

  Are those Altoids?

• 54:13Caleb Hammer?

  Tom.

• 54:14Speaker 03

  I want an Altoid. I don't know. It sounded like an Altoid.

• 54:21Caleb Hammer?

  It's a Tom.

• 54:21Speaker 03

  Okay.

• 54:22Caleb Hammer?

  Want a Tom?

• 54:24Speaker 03

  No, thank you. If he was an Altoid, I was gonna ask, but...

• 54:27Caleb Hammer?

  It's also just from my pocket.

• 54:29Speaker 03

  Oh.

• 54:30Caleb Hammer?

  Bass Pro Shop, classic card. What's going on with this card, big guy? First debt of the day, 53 minutes in.

• 54:40Speaker 03

  I, uh...

• 54:43Speaker 03

  I wanted, like, I'm really interested in outdoors animals, right? You could see from my degree, right? So I wanted a Bass Pro one, so I could go fishing. Get cool stuff for fishing.

• 54:54Caleb Hammer?

  We maxed out a $2,000 credit card to go fishing?

• 54:57Speaker 03

  It was not...

• 54:57Caleb Hammer?

  Out of our interest of animals, is you catching fish?

• 55:00Speaker 03

  Well, no. I don't catch fish ever. I try to, but...

• 55:06Speaker 03

  Okay, so you can use that card anywhere, right? And I did that.

• 55:12Speaker 03

  Because I had money left over from spending at that shop, I was like, "Well, I could use it somewhere else, right?"

• 55:19Caleb Hammer?

  Mm-hmm.

• 55:25Caleb Hammer?

  Okay, $1,852.93 on here. $422 to purchase is pushing all the way up to almost max.

• 55:34Speaker 03

  And that, that purchase was well worth it. It was the Ray...

• 55:38Caleb Hammer?

  What was it?

• 55:39Speaker 03

  Ray-Ban Meta. The glasses.

• 55:41Caleb Hammer?

  You're not even wearing them.

• 55:43Speaker 03

  They're, I have them here. I just, I'm not wearing them.

• 55:48Caleb Hammer?

  Dude, why?

• 55:50Speaker 03

  So, my...

• 55:51Caleb Hammer?

  Prescription?

• 55:53Speaker 03

  I've...

• 55:53Caleb Hammer?

  But these are just sunglasses.

• 55:54Speaker 03

  No, they're just glasses that record.

• 55:56Caleb Hammer?

  Not prescription?

• 55:57Speaker 03

  No.

• 55:58Caleb Hammer?

  Why would you even want that? The only reason I got it is because if I'm gonna wear glasses anyway, I may as well capture more clips.

• 56:04Speaker 03

  So, my side hustles, right? Photography and pressure washing. I use them for like, behind the scenes. Like, me using the camera and...

• 56:13Caleb Hammer?

  Of which you post where?

• 56:14Speaker 03

  I post them online.

• 56:16Caleb Hammer?

  Where online?

• 56:17Speaker 03

  Like Instagram and Facebook. I made pages. Yeah, and people book me through.

• 56:23Caleb Hammer?

  I need to see. Pull up your Instagram. I need to see.

• 56:26Speaker 03

  Really? Alright.

• 56:28Caleb Hammer?

  You're surprised. $58 minimum to payment.

• 56:33Speaker 03

  Which one would you rather see? Pressure washing?

• 56:38Speaker 03

  Okay.

• 56:42Speaker 03

  I have two videos.

• 56:43Caleb Hammer?

  There's two posts. Seven followers. Following three. Okay.

• 56:48Speaker 03

  Well, to be fair, I don't get a lot of bookings through Instagram, but Facebook, yes.

• 56:52Caleb Hammer?

  Pull up your Facebook.

• 56:55Speaker 03

  Probably about the same amount of followers, you know, but. No, like I post on like, you know, the local community pages.

• 57:02Caleb Hammer?

  Probably pull up the photography Instagram.

• 57:05Speaker 03

  Okay.

• 57:08Caleb Hammer?

  Where you go meet high schoolers with your Meta Ray ban recording glasses?

• 57:13Speaker 03

  Yeah, but it has like a glowing light, so they know it's recording.

• 57:20Speaker 03

  The parents are always there too, so no need to worry.

• 57:26Speaker 03

  Come on.

• 57:27Caleb Hammer?

  Stop.

• 57:28Speaker 03

  There's my.

• 57:32Caleb Hammer?

  It's a little better. I mean, you're following more people than you follow, so it's probably about to follow, follow back. Um.

• 57:39Speaker 03

  I was, I was trying to like dumb down the amount, or take all the.

• 57:45Speaker 03

  Not dumb down, that was a stupid word. I'm, I was trying to like delete followers that I was following, so it would be like. A positive ratio of like following and followers.

• 57:58Caleb Hammer?

  I thought you said you were talking, I, I was looking for the behind the scenes stuff. You said you post behind the scenes stuff.

• 58:04Speaker 03

  Oh, well.

• 58:04Caleb Hammer?

  Oh, but there's a BTS story. Let's view it.

• 58:07Speaker 03

  That was like from six years ago when I didn't have the glasses.

• 58:10Caleb Hammer?

  Oh, yes.

• 58:11Speaker 03

  Yes, but so my.

• 58:13Caleb Hammer?

  That was the whole point.

• 58:14Speaker 03

  No, I know. The whole reason of the video or the. Glasses was to make the videos, right? But I have all the videos and I don't post them.

• 58:27Speaker 03

  There's like in like an arsenal of like, I could just.

• 58:30Caleb Hammer?

  In a hard drive somewhere?

• 58:34Speaker 03

  I mean, technically, yeah, it's on a hard drive, but it's on the cloud.

• 58:37Caleb Hammer?

  Governor Whitmer, if you are listening.

• 58:41Caleb Hammer?

  Check the hard drive of the high schoolers.

• 58:45Speaker 03

  It's on the cloud too, though, so.

• 58:48Caleb Hammer?

  That makes it legal.

• 58:53Caleb Hammer?

  Uh, you bought them at Bass Pro Shop, didn't you?

• 58:57Speaker 03

  Right.

• 58:57Caleb Hammer?

  Cause it was there. And then the port here on yacht club again, the colony club again, the foxfire. What's foxfire? Sixty bucks?

• 59:05Speaker 03

  Hmm, it's food.

• 59:07Caleb Hammer?

  Dare I ask why?

• 59:08Speaker 03

  Because I was out with a few friends and uh, we wanted to go out to eat, so.

• 59:15Speaker 03

  Yeah, I mean, that's my reasoning. Their food's good.

• 59:19Caleb Hammer?

  Food's good. Thirty one point two four percent interest rate on this.

• 59:24Speaker 03

  Well, that's on purchases made out of Bass Pro.

• 59:28Caleb Hammer?

  Which is the majority, as that's where fifteen hundred dollars of the balance is.

• 59:33Speaker 03

  Yeah. Which thirty two percent doesn't take that long to pay off.

• 59:38Caleb Hammer?

  Huh? How long do you think it takes to pay off if you make minimum three payments only without making purchases of which, by the way, you're incapable of not making purchases? How long does that take to pay off? Please, inform. Not that long.

• 59:49Speaker 03

  Fourteen years.

• 59:50Caleb Hammer?

  Okay, just about. Twelve. That's not that long to you?

• 59:54Speaker 03

  No, but.

• 59:54Caleb Hammer?

  Approaching forty.

• 59:57Speaker 03

  If I make at any point a larger payment than the minimum.

• 1:00:00Caleb Hammer?

  Sure, but you purchase while also not making any larger payments, which is all you do. Is purchase and bring it to the max over and over again?

• 1:00:09Speaker 03

  Well, I don't know. I just, it just doesn't faze me at the moment. Like, when I make the purchase.

• 1:00:15Caleb Hammer?

  Okay, so that's the goalpost we've pushed. As it was gonna be paid off quick. No, it's not. Now it's, I, it doesn't faze me. So of which point I ask what the is the point?

• 1:00:26Speaker 03

  I mean, just my main point of all this is just like, you know, like from the beginning, money just is a social construct.

• 1:00:34Caleb Hammer?

  I got you. Then what are we talking about?

• 1:00:38Speaker 03

  Uh, we're talking about like, my cards and.

• 1:00:41Caleb Hammer?

  All right, this is for you out there then, because sake, we're gonna see him under a bridge someday. MSU FCU, MSU Federal Credit Union. Well done. They got their own bank. We'll love to see it. What's going on with this card?

• 1:00:59Speaker 03

  So that card.

• 1:01:02Caleb Hammer?

  This is insane for your income? What the fuck a $9,584.58 balance? Borderline maxed out $10,000 credit card for what? For what? You purchased $500 on there when you only made a minimum payment? This takes 30 years to pay off. This takes 30 years to pay off.

• 1:01:24Speaker 03

  Right, but...

• 1:01:26Caleb Hammer?

  You'll be 55!

• 1:01:29Speaker 03

  That's still before I retire, though.

• 1:01:30Caleb Hammer?

  You're never gonna retire, buddy. It's your... What the fuck did you do? What did you possibly do with minimum payment $191? What the fuck is this? $100 of interest? Huh? What's going on here? What the?

• 1:01:45Speaker 03

  So, that card, I got it in college, my first year on campus.

• 1:01:49Caleb Hammer?

  Oh.

• 1:01:50Speaker 03

  My, uh... No, it was a year before I went on campus, and I was trying to use-

• 1:01:55Caleb Hammer?

  It was a year before you went on campus?

• 1:01:57Speaker 03

  Right, cuz during COVID, it was like 2021, I believe I got that card. And it was like, um-

• 1:02:04Caleb Hammer?

  Oh, that's why you're like this? We were in school during COVID? We're finally starting to see them?

• 1:02:12Speaker 03

  I mean, I'm essentially an iPad kid, and I-

• 1:02:14Caleb Hammer?

  Yes!

• 1:02:15Speaker 03

  And I don't have social interaction. I'm getting-

• 1:02:18Caleb Hammer?

  Yeah!

• 1:02:18Speaker 03

  I'm new to it, you know?

• 1:02:21Caleb Hammer?

  This is your first one?

• 1:02:22Speaker 03

  Yes.

• 1:02:23Caleb Hammer?

  Okay, so you opened this card and you didn't have social interaction, um-

• 1:02:28Speaker 03

  So I spent a lot of stuff on it that did not need. But I justify those purchases because my-

• 1:02:36Caleb Hammer?

  You said you were out with friends the other day. That's why you got that previous purchase on the last card.

• 1:02:41Speaker 03

  Right. But this, the high balance, has been stuck because the high balance and the interest, right? But I, when I was in college and I was about to move out, it was a year after I graduated, so last year. I put my down payment of my new car-

• 1:02:58Caleb Hammer?

  No, you said you graduated two to three years ago.

• 1:02:59Speaker 03

  Right, 2023.

• 1:03:01Caleb Hammer?

  But you're saying whatever you're talking about right now is a year before you graduated, which would have been three to four years ago, and you're saying last year?

• 1:03:07Speaker 03

  No, I'm confusing myself. So, I graduated in 2023, but I got the car just before I graduated.

• 1:03:15Caleb Hammer?

  What? The car? You said you got it in your first year?

• 1:03:17Speaker 03

  No, the card. I got the card. But then the-

• 1:03:22Caleb Hammer?

  When did you get the card?

• 1:03:26Caleb Hammer?

  Buddy, draw it. Please just draw it. Please draw the timeline. I can't follow it. I can't follow your brain. I need to visualize this. Let's start from scratch, perhaps.

• 1:03:35Speaker 03

  Can't get this open.

• 1:03:40Speaker 03

  There we go.

• 1:03:46Speaker 03

  Okay, so this MSU card, I got it in...

• 1:03:51Caleb Hammer?

  Focus on the drawing. Since you can only focus on one thing, focus on get it on paper.

• 1:04:03Speaker 03

  There's the card. I got it in, I believe, 2021.

• 1:04:07Caleb Hammer?

  Okay.

• 1:04:08Speaker 03

  And then it was just like normal...

• 1:04:09Caleb Hammer?

  Doesn't make sense, because you said you got it when you first started college, and if you're graduating in 23, I doubt you started college in 21.

• 1:04:17Caleb Hammer?

  But it lines up with your COVID thing.

• 1:04:19Speaker 03

  No, it does. Like, I started...

• 1:04:21Caleb Hammer?

  Were you at community college for two years and then transferred?

• 1:04:24Speaker 03

  Well, I mean, I did go to community college, but like, my first year of MSU was online.

• 1:04:29Caleb Hammer?

  Okay, so your first year in person?

• 1:04:32Speaker 03

  Yeah, my first year in person was the end of 2021 school season.

• 1:04:36Caleb Hammer?

  Okay, keep going.

• 1:04:37Speaker 03

  So I got the card, day-to-day expenses. I was just purely using that, because I believe during that time, I didn't have, I had like, one part-time job. So I was like, I was just wanting to pay my rent and everything, all that.

• 1:04:49Speaker 03

  And, uh, and then skip ahead a few years of just using day-to-day...

• 1:04:54Caleb Hammer?

  Draw it.

• 1:04:56Speaker 03

  Okay.

• 1:04:56Caleb Hammer?

  I want to follow.

• 1:04:57Speaker 03

  I'm trying to focus on everything. So, day-to-day expenses, and then...

• 1:05:03Caleb Hammer?

  Focus, focus on the whiteboard.

• 1:05:05Speaker 03

  Okay. I might need help.

• 1:05:08Caleb Hammer?

  Focus, just focus on the whiteboard. Don't talk.

• 1:05:12Caleb Hammer?

  We're putting music here. Just, just draw.

• 1:05:15Speaker 03

  The, uh, and then 2020.

• 1:05:18Caleb Hammer?

  Just, just draw. Okay, there's lots of boxes. Okay, this box has wheels.

• 1:05:24Speaker 03

  Yes.

• 1:05:25Caleb Hammer?

  So this is a car.

• 1:05:27Speaker 03

  I had a perfectly functioning car and then I passed the dealership right after graduation and I was like, that looks shiny.

• 1:05:35Caleb Hammer?

  Does this have to do with the credit card?

• 1:05:37Speaker 03

  Yes, I put down payment of my new brand car, brand new car on this credit card. So I put $5,000 down payment on this card.

• 1:05:47Caleb Hammer?

  Dude, on a like 30% interest credit card? In what world? Did you talk to your parents before you did this for any advice?

• 1:05:55Speaker 03

  So.

• 1:05:56Caleb Hammer?

  Well, you said you weren't even financially independent until after college and you were in college here, right? What's the date? Put the date, put the date, put the year.

• 1:06:02Speaker 03

  Okay.

• 1:06:05Speaker 03

  2023, right? So I got that.

• 1:06:09Caleb Hammer?

  Okay.

• 1:06:10Speaker 03

  And then on the phone call to justify my purchase to my mom, I was like.

• 1:06:15Caleb Hammer?

  This was afterwards? After you already did it?

• 1:06:18Speaker 03

  Well, I was talking to the sales guy, as I called her.

• 1:06:23Speaker 03

  I told her that my old car, the 2017, had a recall, because it did. And I told her, the sales guy has recommended me, I get this car because it's the other car.

• 1:06:33Caleb Hammer?

  Sales guy, yes.

• 1:06:34Speaker 03

  Yeah.

• 1:06:37Speaker 03

  He got me a nice car.

• 1:06:38Caleb Hammer?

  And your mother said, yes, do this?

• 1:06:42Speaker 03

  Yeah, because I was like, trying to justify it. She was like, yeah, if there's a recall.

• 1:06:47Caleb Hammer?

  What was the recall?

• 1:06:49Speaker 03

  Nothing about safety. It was just about like the screen.

• 1:06:53Speaker 03

  I wanted to justify my reasoning.

• 1:06:55Caleb Hammer?

  Oh, my fuck.

• 1:06:56Speaker 03

  So I mean, I feel like there was a reason and it was, it was decent.

• 1:07:01Caleb Hammer?

  Most reason. It was a reason.

• 1:07:08Caleb Hammer?

  Had a reason. It was a very bad reason.

• 1:07:13Speaker 03

  I'll agree with you on that.

• 1:07:14Caleb Hammer?

  Good, I'm glad because honestly, I wasn't so sure.

• 1:07:17Speaker 03

  Okay. Well.

• 1:07:21Speaker 03

  I'm, I'm just saying that, uh, this car was worth it.

• 1:07:29Speaker 03

  Yes.

• 1:07:29Caleb Hammer?

  Okay. Good. Somehow even more simple than the previous store. Actually, no, we have four things on there this time. A box, a car, two dates.

• 1:07:41Speaker 03

  An arrow.

• 1:07:42Caleb Hammer?

  And an arrow.

• 1:07:44Speaker 03

  So I'm doing better as we go along.

• 1:07:45Caleb Hammer?

  Wayside Central, sushi, twisted fork, Wayside Central. Looks like we're going in and getting some bullshit at Wayside Central. Going in and getting some BS, the Bird and Grill, and going in and getting some BS in Cottage Inn Cottage Inn.

• 1:08:02Caleb Hammer?

  And Chuck's Shop and Save.

• 1:08:05Speaker 03

  Yeah. Ever heard of those like Amazon like repur- like it's like a mystery box? It's like.

• 1:08:12Caleb Hammer?

  You're mystery boxing from Amazon?

• 1:08:14Speaker 03

  Yeah, it was like this resale store and they had like the Amazon packages that don't get claimed and then they split it.

• 1:08:21Caleb Hammer?

  And this is American consumerism's fault, not you.

• 1:08:26Speaker 03

  I mean, just the idea.

• 1:08:27Caleb Hammer?

  You're going to a store no one has ever heard of in their lives and buying mystery boxes from old Amazon items.

• 1:08:34Speaker 03

  Well.

• 1:08:35Caleb Hammer?

  And that is America, not you.

• 1:08:37Speaker 03

  I mean, technically correct because the, just them putting out the idea that like, I mean, isn't that enticing though?

• 1:08:47Caleb Hammer?

  No, not really.

• 1:08:48Speaker 03

  Like, you don't know what you're gonna get. You might get like a 600.

• 1:08:51Caleb Hammer?

  That's the thing about Amazon I like. I know what I'm getting.

• 1:08:54Speaker 03

  Yeah, but the mystery of it, it's like you could be getting a $600 pair of shoes in the back.

• 1:08:58Caleb Hammer?

  You're not.

• 1:08:59Speaker 03

  I didn't.

• 1:09:01Speaker 00

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• 1:09:26Caleb Hammer?

  And you won't.

• 1:09:28Speaker 03

  Why is that?

• 1:09:29Caleb Hammer?

  Because the math of the economics surrounding what is needed to make that a viable business means you will probably not get it statistically.

• 1:09:39Caleb Hammer?

  Oh.

• 1:09:40Speaker 03

  I mean, on some of these cards, I've put, uh, this, you know, the scratch off lots, lotos. And I haven't won on them.

• 1:09:50Caleb Hammer?

  Our hero.

• 1:09:51Speaker 03

  Ever, but.

• 1:09:52Caleb Hammer?

  Our hero. Yacht, yacht, BS, crafty crab.

• 1:10:01Speaker 03

  Not sure what that is.

• 1:10:02Caleb Hammer?

  Dude, you've had $1,000 of interest last year, $704 this year. This is crazy. And this is at a 12.9% card. It's not, as far as credit cards go, it's not even that bad. It's still really bad. I need to be clear, but the fact is you lost that much in interest? And it's only at 12.9? That's a crazy, this balances.

• 1:10:25Speaker 03

  You know, interest rate compared to like other cards, I was like, even though the balance is high, I'm like, over time, if it was a higher interest rate, I'm saving money.

• 1:10:36Caleb Hammer?

  This takes 30 years to pay off. Well, yes, if you put this on this card versus a 30%, yes, you save money, but

• 1:10:44Caleb Hammer?

  I mean, that's it. You still lose money compared to anything else. Lose money compared to the stock market, lose money compared to basically any other investment you could do. Real estate, whatever.

• 1:10:53Speaker 03

  Mm-hmm.

• 1:10:53Caleb Hammer?

  Mm-hmm.

• 1:10:56Speaker 03

  I don't, I just, the lowest interest rate of a card I've ever seen. So it's like, oh.

• 1:11:03Caleb Hammer?

  13%, great, wonderful. Okay, Home Depot. What are you doing at Home Depot? I told you, I was seeing the under stall.

• 1:11:11Speaker 03

  So this is probably my most, second most recent credit card I've opened.

• 1:11:15Caleb Hammer?

  Wow.

• 1:11:16Speaker 03

  So it was my mom's birthday.

• 1:11:19Caleb Hammer?

  So we go to Home Depot?

• 1:11:21Speaker 03

  Well, yeah, because the fridge and the dishwasher that we had at our house, or her house that.

• 1:11:25Caleb Hammer?

  You gifted a fridge and dishwasher?

• 1:11:28Speaker 03

  Yeah. I mean, it was like falling apart and I was like.

• 1:11:30Caleb Hammer?

  Which is lovely.

• 1:11:33Caleb Hammer?

  You have no money.

• 1:11:35Speaker 03

  I know I don't.

• 1:11:36Caleb Hammer?

  You're dying of debt. You're not in the position for this.

• 1:11:38Speaker 03

  I know. Okay.

• 1:11:39Caleb Hammer?

  Go in with them on something, maybe at the max.

• 1:11:44Speaker 03

  Well, it was a surprise. How can you go have these surprise?

• 1:11:48Caleb Hammer?

  Well, you wouldn't be able to, and it wouldn't be a surprise. And I'm sorry, your little 30 seconds of joy wouldn't have been there. I'm sorry, but you'd be better off now. If you want to land a high paying job, but don't have experience or a degree, then you need to learn about course careers. It is the easiest way to land the high paying career that you've been dreaming of. I've done financial audits for hundreds of people. And what I've learned is that the single biggest factor someone can take to improve their life is getting a higher paying job. And that is why I've been such a huge promoter and even an investor in course careers. The way it works is you simply go through an affordable online course to start a new high paying career path. They teach many different in-demand jobs, ranging from technology sales to accounting, construction project management,

• 1:12:29Caleb Hammer?

  the trades like electrician, plumbing, HVAC supply chain, and many others that can be done remotely. And the coolest part about course careers is their platform works for people who don't have any previous experience or degrees. Their courses teach you everything you need to know to land your first entry level job. And they have a 100% free introductory course for each career that teaches you all about what the job is like, how much money you'd make, and how exactly to land your first job, was starting from scratch. Click the link below to sign up for one of their free courses today.

• 1:12:59Speaker 03

  It's just that like, I love giving and I know I didn't have the money in my checking, right? I didn't have the money in my checking.

• 1:13:06Caleb Hammer?

  Yeah, you don't have money anywhere. You bounced with literally one purchase to a wing of place.

• 1:13:12Speaker 03

  Again, I'll hold that to my grave. Their wings are good.

• 1:13:15Caleb Hammer?

  I didn't say they were bad.

• 1:13:17Speaker 03

  I know, but like, the negative balance, it's like, it justifies it.

• 1:13:21Caleb Hammer?

  You spent double the price.

• 1:13:24Speaker 03

  Right.

• 1:13:26Speaker 03

  But, at the same time, I got this card because my mom deserved those. She, she did. She, she.

• 1:13:36Caleb Hammer?

  Is it mom and dad? Or just mom?

• 1:13:38Speaker 03

  Just mom.

• 1:13:39Caleb Hammer?

  Does she make money?

• 1:13:41Speaker 03

  Yeah, she makes about the same as me.

• 1:13:43Caleb Hammer?

  Okay, so if you can afford it, she can afford it.

• 1:13:48Caleb Hammer?

  And you can't. I mean, she can't probably, but I don't know her debt situation. However, it would indicate if you guys came together and went 50/50, maybe that would have been okay.

• 1:13:57Speaker 03

  That would have made sense.

• 1:13:59Caleb Hammer?

  Again, I'm not saying I don't want you to do this.

• 1:14:02Speaker 03

  Right.

• 1:14:02Caleb Hammer?

  You can't.

• 1:14:04Speaker 03

  I can't. But in this situation, I did, you know?

• 1:14:08Caleb Hammer?

  We know you did. And $309 of deferred interest has accrued already. When will it hit? By...

• 1:14:17Speaker 03

  I believe it's February.

• 1:14:19Caleb Hammer?

  It is February. Okay.

• 1:14:24Caleb Hammer?

  So this has to be paid off in five-

• 1:14:26Speaker 01

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• 1:14:55Caleb Hammer?

  Five months, 175, 9.53. Five months. It needs to be a... What? You got three... What was it? $350?

• 1:15:08Caleb Hammer?

  Hey, you're not even... You're not making the payment necessary. Okay, $352 is needed on a monthly basis to pay it off before deferred interest hits. And obviously, we need to do that because it is accruing at 30% interest. And we'd rather save that money.

• 1:15:22Speaker 03

  Deferred interest means like, that interest won't hit, right?

• 1:15:25Caleb Hammer?

  It will if you don't pay it off in time, which is February.

• 1:15:30Speaker 03

  But...

• 1:15:31Caleb Hammer?

  But if you pay $352 on a monthly basis, you will pay it off in time.

• 1:15:36Speaker 03

  Yes, but those side hustles, I will make sure that it's paid off before then.

• 1:15:40Caleb Hammer?

  Cool. You spent $1,500 more than you made last month. Spent $1,000 going out to eat. Misleany's bullshit alone looks like about $900. Unknown shopping, usually Amazon, Walmart, you know, stuff we can't 100% tell. There's an additional $600. Other large purchases, which will go over $330. I don't believe you.

• 1:15:59Caleb Hammer?

  Discover it. What's going on?

• 1:16:02Speaker 03

  That card I opened as soon as college started too, when I was in person.

• 1:16:08Speaker 03

  My buddy in college actually recommended it to me, but he was, he was a lot more structured. He paid it off after every purchase, like I was originally gonna do with all my credit cards.

• 1:16:17Caleb Hammer?

  You were originally gonna do. What changed?

• 1:16:23Speaker 03

  Consumerism.

• 1:16:24Caleb Hammer?

  Oh, dude.

• 1:16:26Speaker 03

  No, it's like-

• 1:16:27Caleb Hammer?

  Consumerism is still spending. Why didn't you pay it off?

• 1:16:30Speaker 03

  That's because sometimes-

• 1:16:33Caleb Hammer?

  The goal.

• 1:16:34Speaker 03

  Sometimes I wouldn't be getting as many hours at my part-time jobs. So, I would just-

• 1:16:40Caleb Hammer?

  You've given me so much confidence from your side hustles to pay off the previous card before the deferred interest hits.

• 1:16:47Speaker 03

  No, I mean, I always definitely make sure.

• 1:16:51Speaker 03

  I mean, besides like a few late fees I get, it's like, I always find a way to make it paid off. Not paid off, I make payments. But-

• 1:17:03Caleb Hammer?

  Okay, yeah, you made your payment. Minimum payment is $118. $97.93 of interest accrued. It takes 19 years to pay off minimum payment payments only. Credit score 664, we see. This is at a 24.42% interest rate. $665 of interest this year so far. That's, uh, two months ago, actually, technically, when this statement was.

• 1:17:26Speaker 03

  So, I actually called Discover and got my interest rate lowered.

• 1:17:30Caleb Hammer?

  It's temporary. It's usually a temporary thing.

• 1:17:33Speaker 03

  Oh, you didn't tell me that.

• 1:17:34Caleb Hammer?

  Well, I don't know for sure, but that typically is. It's like usually a hardship temporarily. But also they probably closed your ability to purchase on there. Thank- Because you're not a credit card person. You can't manage credit cards to save your life. Listen, I'll get you the Fizz Card, debit card that builds credit. So I'll get you that. If we ever wanna upgrade your career as well, boost your resume, course career certification, I'll get you a free one. It's changed lots of people's lives in the audience and on the show as well, okay? We'll get you that. And when you're ready to set money aside, I'll also get you set up on the Weebull app.

• 1:18:05Caleb Hammer?

  It's a good place. Lots of intro balances when you, uh, intro rewards when you get in there. Hundreds of dollars when you transfer money or put money in. And temporary yields up to like 8% on your money. So there's a lot of good things. I'll set you up with the resources and all our classes and all this stuff, okay? But you're obviously not a credit card person. That is as clear as day.

• 1:18:25Speaker 03

  Well, it's, it's as long as I thought of that in the beginning that I was.

• 1:18:30Caleb Hammer?

  A fifth third bank. It's nostalgic as a Michigander. Haven't heard of that in a long time. $3,309.58.

• 1:18:43Caleb Hammer?

  What is going on with this card? $71 of interest, minimum payment $103.44. What's this?

• 1:18:49Speaker 03

  So that card is the very first credit card I've ever opened.

• 1:18:52Caleb Hammer?

  Okay. And I know you technically haven't said that, but you've kind of set up the other ones almost sounding like they have been, but I get it. This is the very first one.

• 1:18:59Speaker 03

  Yeah. And it's, I've pretty much kept the same balance because I'll do is like, just do like small little purchases, like I, I do like this kind of like.

• 1:19:07Caleb Hammer?

  Oh my, the reason you got into this credit card is insane. This debt, this, this, the credit card debt on this one's insane. Cause you guys have a ritual in college to go on a spring break trip to Myrtle Beach and then you got arrested? You got arrested for what? Taking pictures of young girls?

• 1:19:26Speaker 03

  No, no. Definitely not the reason. But yeah, we, we.

• 1:19:29Caleb Hammer?

  What was the reason? Reason?

• 1:19:32Speaker 03

  So in college, I would go on spring break trips with my friend group and, uh,

• 1:19:36Caleb Hammer?

  Yes.

• 1:19:37Speaker 03

  We would, uh, we would have fun. We'd go out to eat, go, go drinking and then, yeah, just.

• 1:19:45Caleb Hammer?

  Yeah, that's what they arrest people for.

• 1:19:47Speaker 03

  I mean, yeah. Uh, in 2022, spring break, I, uh,

• 1:19:52Caleb Hammer?

  Thanks for this card. Yep.

• 1:19:53Speaker 03

  Yeah. I was, I was dragging a cone through the street.

• 1:19:56Caleb Hammer?

  Okay. Not a young woman back to your place.

• 1:19:59Speaker 03

  No.

• 1:19:59Caleb Hammer?

  Okay. Continue.

• 1:20:01Speaker 03

  And.

• 1:20:01Caleb Hammer?

  You're dragging a cone through the street.

• 1:20:03Speaker 03

  Yeah. To bring it back to the Airbnb.

• 1:20:07Speaker 03

  Because who doesn't want a traffic cone in the Airbnb?

• 1:20:10Caleb Hammer?

  Yes, who doesn't?

• 1:20:12Speaker 03

  I don't know. Ask everybody.

• 1:20:13Caleb Hammer?

  Bet you love trains as well.

• 1:20:15Speaker 03

  I, I do love trains.

• 1:20:24Caleb Hammer?

  Okay. What was your punishment for this arrest?

• 1:20:27Speaker 03

  Uh, probably close to a thousand in fees. Cause I had to do like a life class, alcohol class, and I had to do like, I believe 24 hours of community service.

• 1:20:37Caleb Hammer?

  Dude. In a state that's not even your own.

• 1:20:41Speaker 03

  No, they actually wanted me to come in person for court, for hearing.

• 1:20:45Caleb Hammer?

  Yeah, that would've been crazy.

• 1:20:49Caleb Hammer?

  14 years to pay this card off? This is insane.

• 1:20:54Caleb Hammer?

  Is this still on your record?

• 1:20:56Speaker 03

  No, actually after this year it'll be, uh, gone. I never paid the 250 to get expunged.

• 1:21:02Caleb Hammer?

  Oh. Okay, interest this year so far, $500, that's insane. 25, I mean, this year so far, we've had thousands in interest, meaning by the end of the year, we're gonna have multi thousands of dollars of interest. 25.74% interest rate.

• 1:21:17Caleb Hammer?

  Benham Merrill Beach, I hated it. But I'm not a partyer. We're back to MSU FCU. Oh, this looks like a car. Was this this very special car you got?

• 1:21:28Speaker 03

  The, uh...

• 1:21:29Caleb Hammer?

  Wait, no. Now, what is this? What am I looking at?

• 1:21:32Speaker 03

  I believe that's a-

• 1:21:32Caleb Hammer?

  Signature loan.

• 1:21:33Speaker 03

  Yeah.

• 1:21:34Caleb Hammer?

  You have a personal loan?

• 1:21:35Speaker 03

  Yeah.

• 1:21:35Caleb Hammer?

  $776.96 personal loan?

• 1:21:37Speaker 03

  It was a $2,000 loan.

• 1:21:39Caleb Hammer?

  For what and when and why?

• 1:21:42Speaker 03

  So, it was my apartment right before I graduated college. I wanted to be able to just like, make sure I could make my rent payment.

• 1:21:51Caleb Hammer?

  Why weren't you making your rent payment?

• 1:21:53Speaker 03

  Cause I wasn't working as much as I-

• 1:21:54Caleb Hammer?

  Why weren't you working as much? Why'd you get the apartment?

• 1:21:58Speaker 03

  Cause I thought it'd be worth it because it was with all my friends. I was splitting it-

• 1:22:01Caleb Hammer?

  So for fun. See, it's always for fun. See how this works?

• 1:22:06Speaker 03

  No, I mean, like, for fun, like, you gotta have fun in life, you know?

• 1:22:09Caleb Hammer?

  Yeah, but you don't have to destroy everything to get there. You can have reasonable fun. You locked yourself into a 12-month contract. That's something you couldn't afford in order to live up the party life you wanted to.

• 1:22:20Speaker 03

  Yeah. And I mean, those parties were fun, but-

• 1:22:25Speaker 03

  It paid for my rent, so.

• 1:22:27Caleb Hammer?

  The personal loan, how many months did you have to borrow? Or pay for on the personal loan?

• 1:22:37Speaker 03

  What do you mean?

• 1:22:37Caleb Hammer?

  Like, how many months of rent did you pay on your personal loan?

• 1:22:42Speaker 03

  Uh, oh, okay, so I paid probably like six or seven months of rent.

• 1:22:48Caleb Hammer?

  Half your term? Half your lease agreement? That's insane. Now you're still paying. You're still, you were done in 2023, two years ago, and you're still paying your apartment at a 13.49% interest rate. That is insane. That is disgusting and insane.

• 1:23:06Speaker 03

  It's not insane.

• 1:23:07Caleb Hammer?

  What?

• 1:23:08Speaker 03

  You wanna know why?

• 1:23:08Caleb Hammer?

  Why? You're still paying for your rent two years ago on a dramatically high interest rate? Yeah, go ahead, tell me what's not insane about that.

• 1:23:15Speaker 03

  Because the way that-

• 1:23:16Caleb Hammer?

  Cause I had fun?

• 1:23:18Speaker 03

  Yeah.

• 1:23:18Caleb Hammer?

  No, tell me, what was your reason?

• 1:23:20Speaker 03

  So, the interest rate on this kinda loan, I believe it's like already calculated out. So it's not like...

• 1:23:28Speaker 03

  I don't know how it all works, but it's like, it's like 68.23 a month. It's, I don't know. It was like, it, all I'm saying is like, it was worth it. Like, to be able to, to get my apartment. So I could like, hang out with all my friends.

• 1:23:46Caleb Hammer?

  You should've worked more and just paid for it, dude.

• 1:23:49Speaker 03

  I did have like-

• 1:23:50Caleb Hammer?

  Even student loans maybe would've been better than this.

• 1:23:54Speaker 03

  I mean, I did have like, uh, three to four small jobs to be able to pay, but I was on-

• 1:24:00Caleb Hammer?

  You have two real jobs then?

• 1:24:04Speaker 03

  Yeah.

• 1:24:06Caleb Hammer?

  Synchrony, what's going on with this?

• 1:24:08Speaker 03

  That was my most recent card. I, uh-

• 1:24:10Caleb Hammer?

  Oh, good.

• 1:24:10Speaker 03

  I needed new tires on my car.

• 1:24:13Caleb Hammer?

  $1,270.60?

• 1:24:16Speaker 03

  My justification is because it would be three years worth of tire.

• 1:24:21Caleb Hammer?

  But will it be?

• 1:24:23Speaker 03

  Hopefully.

• 1:24:23Caleb Hammer?

  If you get a pop?

• 1:24:24Speaker 03

  Well, the reason I got the extra like hundred dollar, it was gonna be like 1,100, I believe. I got like the protection. Like, if it popped, I could get a replacement.

• 1:24:36Caleb Hammer?

  $64 minimum payment.

• 1:24:41Caleb Hammer?

  Fees adjustment? Why is there a $30 fee? Six years to pay this off, why is there a $30 fee?

• 1:24:48Speaker 03

  Cause I was, I was in there like the combobulation of like-

• 1:24:50Caleb Hammer?

  Combobulation?

• 1:24:52Speaker 03

  Yeah, of like putting everything in my Google Calendar.

• 1:24:54Caleb Hammer?

  You were in the- What, what?

• 1:24:57Speaker 03

  I missed the payment. I was-

• 1:24:58Caleb Hammer?

  Because it wasn't in your special Google Calendar? Why don't you have things on auto pay? If there's one thing that is similar across every guest that comes on Financial Ona, no auto pay.

• 1:25:07Speaker 03

  Because I don't wanna go as negative in my checking as as I can.

• 1:25:12Caleb Hammer?

  But you shouldn't be, you shouldn't be spending a thousand dollars going out to eat. Seven hundred or eight, no, nine hundred dollars on Miss Lady's bullshit. And then you wouldn't be.

• 1:25:24Caleb Hammer?

  Yeah, it's a late fee, you had a late fee because of your combobulation Google Calendar.

• 1:25:30Speaker 03

  Yeah, I mean, it got lost in the sauce. I was trying to put it all in there, I missed it.

• 1:25:35Caleb Hammer?

  It got lost in the random Google Calendar, you're putting random women's names in the Google Calendar, run events, three days of work, it's confusing, it makes no sense.

• 1:25:44Speaker 03

  I don't know what else to do, like, do I put like a different calendar?

• 1:25:47Caleb Hammer?

  Auto pay. If you're gonna pay them regardless, what's the point then?

• 1:25:52Speaker 03

  But the way I have been doing it.

• 1:25:54Caleb Hammer?

  Wait. Is this deferred? Oh, it is a deferred interest, that's thirty-five percent. Says it'll be paid off mid next year. Where are we in? I know, so we need to pay this off in let's call it nine months. One thousand two hundred and seventy dollars and sixty cents. Divided by nine, you gotta make a payment of a hundred forty-two dollars on a monthly basis. Pay this off and you didn't. And the late fees certainly won't get us there. I'll tell you that. Gotta do that, or this, this is gonna accrue, this is gonna accrue hundreds of dollars of interest. At that thirty-five percent interest rate of death. And yes, that number is real.

• 1:26:30Speaker 03

  I didn't know it was thirty-five.

• 1:26:32Caleb Hammer?

  Of course not, why would we pay attention to numbers if we don't think they're real? That's when our worldview impacts us. Kinch? Sounds like a slur. What is this? What is kinch?

• 1:26:43Speaker 03

  It's my, uh, car loan.

• 1:26:47Caleb Hammer?

  Yeah, what's the car?

• 1:26:50Speaker 03

  21 Ford Edge. SEL.

• 1:26:53Caleb Hammer?

  Listen, if your income is, it's not thrilling. The amount owing $26,836.37 with a minimum monthly payment of, and you must have a long term for this to work, $386.33. What is your term? What's your interest rate?

• 1:27:12Speaker 03

  Uh, 9.29, I believe.

• 1:27:15Caleb Hammer?

  What do you think it's worth?

• 1:27:16Speaker 03

  I, Kelly Blue Book told me like 21.

• 1:27:19Caleb Hammer?

  18, Kelly Blue Book says, by the way. So that's a lie and that's private party. That's not even trade-in. Deduct about 2,000 for trade-in. So fuck off. I don't know. Kelly Blue Book, two years ago when he bought it? Yeah, maybe. So you're underwater by, you know, $8,000 or so. And then you have, what was it, a $5,000 max out credit card from the down payment? No, $10,000, $5,000 of which was the down payment?

• 1:27:42Speaker 03

  I actually had to increase the limit so that I could put the down payment on.

• 1:27:46Caleb Hammer?

  Great.

• 1:27:47Speaker 03

  Yeah.

• 1:27:48Caleb Hammer?

  This is fucking insane. This is at 9% interest. That other one's at 16% or 15%. I don't know. I think it was 13%. Uh, the,

• 1:27:59Caleb Hammer?

  MSU FCU. Oh my gosh, and the term must be, this has to be like a 8 to 10 year term. Probably 8 year.

• 1:28:06Speaker 03

  It was like 72, 84.

• 1:28:08Caleb Hammer?

  What was the interest rate on your old car that had a screen issue?

• 1:28:12Speaker 03

  2.9%.

• 1:28:14Caleb Hammer?

  Oh.

• 1:28:16Speaker 03

  I didn't know of the 9% until after.

• 1:28:19Caleb Hammer?

  What?

• 1:28:20Speaker 03

  Yeah, cuz I was like.

• 1:28:21Caleb Hammer?

  I guess you're right. When your worldview is numbers aren't real, why would you look at the numbers? You see how that fucks you? Do you not see how that fucks you?

• 1:28:29Speaker 03

  Well, I do now, sort of, but.

• 1:28:32Caleb Hammer?

  How's the car doing?

• 1:28:34Speaker 03

  Pretty well, actually.

• 1:28:35Caleb Hammer?

  Oh, those brand new tires, it better. Now, winter tires too, up in Michigan, huh?

• 1:28:39Speaker 03

  Yeah.

• 1:28:40Caleb Hammer?

  Even though you're in East Michigan where it snows substantially less, anyway.

• 1:28:44Speaker 03

  Yeah, and it helped me, uh, move my brother over to Wisconsin. He just moved there and I drove him.

• 1:28:49Caleb Hammer?

  Wow, we got 2,000 hour tires so we can move someone to Wisconsin?

• 1:28:53Speaker 03

  Yeah, I mean, it helped to do that. But, the day-to-day and like, having that car with the new tires, it's like, it's nice to have.

• 1:29:05Caleb Hammer?

  Very cool. Student loans.

• 1:29:10Caleb Hammer?

  So you did use student loans, but why didn't you use it for the rent in your last year? Instead of putting it, you put it on an insanely high interest rate personal loan.

• 1:29:18Speaker 03

  Because some of these loans that that were taken out,

• 1:29:24Speaker 03

  I would use for like day to day expenses also.

• 1:29:26Caleb Hammer?

  Like, what were you capped on, on how much you could borrow? What was happening? Could you borrow more? Where were you? I mean, it doesn't sound like your mom's the highest earned, income earning person, which I don't know if you get Pell Grant taxes, but you would definitely get very generous subsidized student loans.

• 1:29:43Speaker 03

  No, yeah, we got FAFSA, it covered a lot of the tuition, but.

• 1:29:47Caleb Hammer?

  Uh huh, but why didn't you get more? Instead of putting it on a personal loan? I'm not happy you did that regardless and didn't work. Well, you worked very weird or got into a rent situation for fun instead of something you can actually afford. Because I guess that's all that matters when it comes to getting our degree is fun. Regardless, student loans would have been a better option either way.

• 1:30:08Speaker 03

  Very possible.

• 1:30:09Caleb Hammer?

  Incredible response.

• 1:30:12Caleb Hammer?

  Remember, the question I asked is why didn't you?

• 1:30:14Speaker 03

  So the, the reason I didn't is because at, at the moment, we were, me and my mom, we verbally agreed that like, we just wanted me to like have fun and get through college and get my degree.

• 1:30:25Caleb Hammer?

  Your mom agreed to, for you to just around and have fun? If I called her right now, she would agree with that.

• 1:30:32Speaker 03

  To not F around, but just to get me through college.

• 1:30:35Caleb Hammer?

  Exactly, but you said to have fun.

• 1:30:37Speaker 03

  What, I used it for that.

• 1:30:42Caleb Hammer?

  Disgusting use of our money.

• 1:30:47Caleb Hammer?

  I'm gonna put a $50 payment. You'll get on the repayment assistance program when your forbearance ends. Your forbearance ends is gonna, because you were probably on the safe plan, it looks like, right? Were you on the safe plan?

• 1:30:56Speaker 03

  Yep.

• 1:30:56Caleb Hammer?

  Okay, forbearance end will end mid next year. I think it's about June, June or July. When that ends, you're gonna get on the wrap plan, the repayment assistance program. It is the new.

• 1:31:08Caleb Hammer?

  Low income driven repayment plan under the BBB and I'm gonna assume that's gonna be about 50 bucks a month.

• 1:31:15Speaker 03

  Yep.

• 1:31:15Caleb Hammer?

  So that's what I'll put in. Actually, don't need to put that in now. So I'll cross it off and we won't add it to the budget, but you will have to expect to pay that. You actually have to apply to be a part of that. Or else you're probably gonna get auto enrolled into just a traditional 10 or 20 year payment program. But remember, if you stick in this income driven repayment program, 40 years you have to make qualified payments for you to have a chance for it to be forgiven. 40 years.

• 1:31:41Speaker 03

  For a chance?

• 1:31:42Caleb Hammer?

  Yes, if you make your payments.

• 1:31:45Speaker 03

  Okay. I mean.

• 1:31:48Caleb Hammer?

  40!

• 1:31:49Speaker 03

  Yeah, 40, 40 years is a long time, but.

• 1:31:51Caleb Hammer?

  $20,000.

• 1:31:54Speaker 03

  I mean, I, I do make decent amount of income.

• 1:31:58Caleb Hammer?

  True, but not after your expenses because you've, and you've just maxed out all these credit cards, taking out stupid loans and a car you probably can't afford. While also boosting your,

• 1:32:09Caleb Hammer?

  your checking accounts to their overdraft status.

• 1:32:14Caleb Hammer?

  Is that all your debt? Cause I have another checking account in front of me. Is that all your debt?

• 1:32:18Speaker 03

  Uh, I believe it's all my debt.

• 1:32:24Caleb Hammer?

  We ended at $2,000 with this one. It went up from one. What's in your checking account right now?

• 1:32:29Speaker 03

  Right now, uh, probably 260.

• 1:32:32Caleb Hammer?

  $260?

• 1:32:33Speaker 03

  Yeah.

• 1:32:35Caleb Hammer?

  Okay. Great. That's about

• 1:32:39Caleb Hammer?

  15% of what it was. Uh, great. Great, great, great, wonderful. Illustrator, Colony Party Store. Yeah, getting some party stores, probably just booze. Going in and getting some bull, getting some BS, getting some BS, getting some BS Spotify. Going, some reoccurring purchase for $30 that I don't even know. Staples, Tractor Supply, Bull, Bull, Bull, Bull, Bull, Bull. Going in and getting some BS, going in and getting some BS, Mobile Kitchen, Taco Bell. Facebook, you purchase something, $23.87, are you doing advertising?

• 1:33:17Speaker 03

  Yes, that was for advertising.

• 1:33:19Caleb Hammer?

  Ah, better have a return on investment, but I don't trust you to say it does. Pixie set. Herrick House. Zelling out $250, Microsoft Xbox. It's $10, so it's just Xbox Live, I think. Speedway. Yeah, you went and got some bull, went and got some bull. Senior Tequila, Amazon. So, uh, Genie withdraw, Amazon, PayPal, Money.

• 1:33:46Speaker 03

  So the, the

• 1:33:47Caleb Hammer?

  Bootleggers? Bootleggers, yep.

• 1:33:50Speaker 03

  Yes.

• 1:33:52Speaker 03

  So the, the Zelle and all that, like the

• 1:33:54Caleb Hammer?

  There's another reoccurring purchase, thirty dollars. I don't know what it is, though. I mean, Winnie got some bullshit as well.

• 1:34:00Speaker 03

  Yeah, there's some reoccurring purchases that I always see that like

• 1:34:02Caleb Hammer?

  Yeah, reoccurring. Here's another thirty dollars. I still don't know what it is, though. It's blacked out.

• 1:34:07Speaker 03

  Some of them

• 1:34:07Caleb Hammer?

  Liquor store. Cabana Blue.

• 1:34:10Speaker 03

  Some of the recurring purchases, I don't know where they are from.

• 1:34:13Caleb Hammer?

  Getting some bullshit. Tequila, tequila, tequila, Dairy Queen, tequila, tropical smoothie, tequila! Get into BS Photoshop! Applebee's, Google, Google. I don't even know, reoccurring thirty dollars, reoccurring thirty dollars. Oh, shit, dude. You don't even know what that shit is. That's crazy. That's crazy. Oh, two hundred and nine dollars in this account, down from five forty-six. I guess that's your savings. Well done. Acorns, hundred and twenty-two dollars. Remember, when you sign up for Acorns, it's twenty dollars. Using my link, it's usually five dollars. So go get yourself a free twenty dollars and sign up for Acorns. But, and it's good, but you only have a hundred and twenty-two dollars in there, so. I don't know. Uh, Retirement System.

• 1:34:59Caleb Hammer?

  Two thousand two hundred, so, nah, you're just getting started off, so I'm not gonna freak out about that, but.

• 1:35:05Speaker 03

  Yeah, just

• 1:35:05Caleb Hammer?

  Open your phone. There it is. Open it.

• 1:35:07Speaker 03

  Alright.

• 1:35:08Caleb Hammer?

  Open and give. Open and give.

• 1:35:11Speaker 03

  There you go.

• 1:35:13Caleb Hammer?

  I'm gonna fucking find this hard drive.

• 1:35:19Caleb Hammer?

  Look at your subscriptions. He has Peacock, Lose It, and Alarm Me. Alarm Me? This iPhone, the alarm app is perfectly good. I use it every day.

• 1:35:28Speaker 03

  So that's the thing, I

• 1:35:29Caleb Hammer?

  It's a sixty-dollar thing.

• 1:35:31Speaker 03

  The reason I've lost so many jobs in college is because I'm not able to wake up. And I was late many times. So I had to get a subscription to where an alarm that would wake me up.

• 1:35:42Caleb Hammer?

  Psych. Does it even make sense? Does that make sense? It's on the same phone.

• 1:35:48Caleb Hammer?

  Get a physical alarm. Yeah, I want to hear it too. We'll listen to it in the post show. But you just get a physical alarm if that's your issue.

• 1:35:54Speaker 03

  I have three physical alarms.

• 1:35:55Caleb Hammer?

  Okay, we got, do you?

• 1:35:57Speaker 03

  I have four alarms on my desk.

• 1:36:00Caleb Hammer?

  Yo, you have a girlfriend?

• 1:36:03Speaker 03

  Yeah.

• 1:36:03Caleb Hammer?

  She live with you?

• 1:36:04Speaker 03

  No.

• 1:36:05Caleb Hammer?

  Hmm.

• 1:36:07Caleb Hammer?

  Uh, yeah, body wash. We had us like 10 in one shampoo. Running shorts, running shorts, mouthwash, picture frames, monster, ultra, energy.

• 1:36:19Speaker 03

  I shared.

• 1:36:20Caleb Hammer?

  Lot of picture frames.

• 1:36:22Speaker 03

  I shared.

• 1:36:22Caleb Hammer?

  Cruiser accessories, dazzle license plate.

• 1:36:27Speaker 03

  It's not mine.

• 1:36:28Caleb Hammer?

  Car coasters, charging thing, sparkling ice, black raspberry, sparkling water. How much of this is yours? Cause we got Diet Coke, then we go back to the monsters. I'll probably stop it there. Cause it looks like we're starting to recur, but I don't know what your $30 reoccurring thing is that popped up like five times in one month in your checking account.

• 1:36:47Speaker 03

  I'm not sure either, but there's some times in the past where it's like, there's these subscriptions for like Disney plus. And I can't figure it out. And I, one time I figured out that it was someone in Florida that was using my card. And I just, for the year and a half, I just let it go. Cause I couldn't figure out where it was coming.

• 1:37:04Caleb Hammer?

  Debit card?

• 1:37:06Speaker 03

  I believe it was my.

• 1:37:06Caleb Hammer?

  What are those purchases? What does this say in your phone?

• 1:37:10Speaker 03

  The $30?

• 1:37:11Caleb Hammer?

  Yes.

• 1:37:13Speaker 03

  I can double check. I'm not really.

• 1:37:14Caleb Hammer?

  Hey, you can pull up your checking account real quick. I'll start adding up your shit while you look.

• 1:37:23Speaker 03

  It was $30 even, you said?

• 1:37:25Caleb Hammer?

  Yeah, constantly. Uh, do you have an unrant dacted version?

• 1:37:28Speaker 03

  Oh, so that I have like on the actual web for my fifth third account. I have like this automatic transfer to my savings.

• 1:37:38Caleb Hammer?

  That's what it is? Okay.

• 1:37:39Speaker 03

  It gets like once a month.

• 1:37:40Caleb Hammer?

  Your savings says nothing in it. No, but that was $30 like five times a month.

• 1:37:44Speaker 03

  Oh.

• 1:37:46Speaker 03

  No.

• 1:37:46Caleb Hammer?

  Okay, your debt minimums and payments are $1,419. If we do the Home Depot and Synchrony Card, minimums and payments required to pay it off before the deferred interest is hit, which I think we should, except can we? I no longer know because that is already half your income. $3,100 is your monthly income on average. What is your rent currently?

• 1:38:05Speaker 03

  600.

• 1:38:06Caleb Hammer?

  Okay, Detroit, ladies and gentlemen. Internet, gas, electric, all that good stuff, all utilities combined.

• 1:38:14Speaker 03

  Uh, all those are included. So it's only 600.

• 1:38:18Caleb Hammer?

  Detroit, ladies and gentlemen. Phone bill?

• 1:38:21Speaker 03

  Uh, that kinda ties into the 600. My mom helps me with that.

• 1:38:27Caleb Hammer?

  Does she help you with it or does she pay it?

• 1:38:28Speaker 03

  I'm on her plan.

• 1:38:30Caleb Hammer?

  Does she pay it? Do you give her money?

• 1:38:31Speaker 03

  I give her money.

• 1:38:32Caleb Hammer?

  How much do you give her?

• 1:38:34Speaker 03

  I believe it's like 25 a month.

• 1:38:36Caleb Hammer?

  Okay, when you need a switch, if helium's good in your area, do helium. We like helium. It's, you'll probably be at 15 bucks a month for the same service as T-Mobile, so. Okay, gas, vroom, vroom, drive, drive. Very car-dependent city, Detroit.

• 1:38:51Speaker 03

  I spend a lot of money a month.

• 1:38:53Caleb Hammer?

  And how much is that?

• 1:38:54Speaker 03

  Probably 300 a month or more.

• 1:38:55Caleb Hammer?

  Car insurance, how much? Or more? Okay, I'll say 350. Car insurance?

• 1:38:59Speaker 03

  About 130.

• 1:39:02Caleb Hammer?

  Highest car insurance state costs, by the way. Michigan, fun fact. 300 for groceries. Use the budget for the cookbook, meal prep, meal prep, meal prep. Warm up in microwave. TP fund, anything else you need to survive? $100. Medical healthcare, are there copays and whatnot?

• 1:39:18Speaker 03

  Uh, yeah, it's $30 copays.

• 1:39:22Caleb Hammer?

  Yeah, but how frequently?

• 1:39:23Speaker 03

  I only go to the doctor like twice a year, maybe.

• 1:39:26Caleb Hammer?

  Okay, then I'm not putting it in. Your budget is necessary. Subscriptions, we'll try to say 30. Do you have any pets?

• 1:39:32Speaker 03

  Uh, my mom, there's like four cats and I help sometimes to buy their stuff.

• 1:39:36Caleb Hammer?

  Don't. She does. You need to get out of this. You need to get out of this. It's time for you, we need to separate. I'm sorry. It's just like you, I don't think, I don't think this budget's gonna actually make you to a survival point. So we definitely can't pay for anyone else's. And we don't know what her spending looks like before you even support her. Yeah, because you break, you barely have money left over. $2,954, meaning if you, if you do this help, you're barely breaking even. And that's if you don't have any fun spending at all. But even still, this gives you $146 left over on a monthly basis. You have, student loans will do minimum payments until we pay off.

• 1:40:17Caleb Hammer?

  So $70,561 and 6 cents of loans. We are going to minus

• 1:40:27Caleb Hammer?

  the $20,646.46 of student loans. The $49,914.60 of bad debt. At $146 a month, big guy, that is 341 months. That is known as 30 years rounded, 30 years to pay off the debt. So this is impossible. This is impossible. And here's the thing, this is kind of a, this is the thing, and I'm going to call her and I'm going to yell at her in the post show. I have a note here that the girlfriend is not supportive of his financial journey. He said, he even told her, apparently in my notes, that he needs to spend less money and she did not like that at all. So I'm going to call her, I'm going to, hmm, it is time to have that confrontation and that real talk. Because this is impossible. This is impossible. So a couple of things I'd recommend.

• 1:41:12Caleb Hammer?

  One, different career path. Get in, make more money, that helps. And then still live the same lifestyle that I budgeted, not elevated, not the lifestyle you're currently living. Then you can pay off the debt quicker. Go get a second job. We know you have five, four days off a week. Go get a second job. You need to bring in more money. That will help pay off this debt. Bring it to an extra 500 hours a month and all of a sudden that, what was it, like $50,000? Becomes paid off in 100 months. It's not great, but it's eight years, certainly better than 30. Bring an extra 1,000 hours and we bring it down to four years. There we go, that's doable. Or number three, prove to me that you can make your minimum monthly payments required and not spend money on bullshit.

• 1:41:57Caleb Hammer?

  Follow this budget for three whole months, three whole months, and then I will allow you to go through bankruptcy. That won't, you're not going to, well, let's not use the car in that, even though I would definitely get a cheaper car if I was you. But unfortunately, the math doesn't work for that. And two.

• 1:42:13Caleb Hammer?

  Actually, yeah, maybe get, because then you'll get a predatory loan to get a $10,000 car. A car we might deal with later, but at least get rid of the credit cards and obviously not student loans and probably not, and definitely not, we won't do the car. Those are the three options I'll let you consider, but either regardless, it needs to be three months is what I need to see, and then I'll talk to you again. Of perfect following this budget, no questions asked, because you don't have the wiggle room. That's it, and then we'll talk strategy. Those are the three paths. All right, I'm gonna call his girlfriend in the post show, so make sure you subscribe to Hammer Elite to come watch, but let's get his Hammer Financial Score. Spending in a budget, he overspent, zero out of 10. Debt horrendous for your income, but there's no collections or IRS debt, one out of 10.

• 1:42:55Caleb Hammer?

  Emergency fund, not even $1,000, zero out of 10. Retirement, for your age. Be in our track with where we need to get to by 30, it's 100% great, you're just getting started, two out of 10. But it's expected to be two out of 10. Real estate, as expected, right now, is zero out of 10. But spending in your budget doesn't have to be zero out of 10 right now. Debt doesn't have to be zero out of 10, and emergency fund doesn't have to be zero out of 10, okay? Those don't have to be far. At your age, the expected low ones are retirement and real estate, and those increase with age, and that's reasonable, and that is fine. Okay, that's gonna be a Hammer Financial Score. Barely made the cut to round up to a one out of 10. Click that, join, buy, and join Hammer Elite for three premium shows posted every single

• 1:43:39Caleb Hammer?

  day, Monday through Friday, including the post show, an extra 20 minutes of this episode, where we are gonna call the girlfriend and have a very tough conversation. I'll see you guys there.

• 1:43:47Speaker 07

  Gary is planning, really, really, really wants to move to South Carolina.

• 1:43:50Caleb Hammer?

  How the f*** are you gonna make this move?

• 1:43:52Speaker 07

  Gary needs a wake-up call.

• 1:43:54Caleb Hammer?

  You're gonna call and tell her now.

• 1:43:57Speaker 03

  I ultimately want to like, move down to South Carolina.

• 1:44:01Speaker 05

  No, um, I thought you were not moving.

• 1:44:05Speaker 03

  I've not wanted to say this to you, because I know you like to go do those experiences and all that.

• 1:44:12Speaker 05

  Yeah, well, that's like, calling, being in a relationship.

• 1:44:14Caleb Hammer?

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