Written by a model from the transcript; not yet reviewed.
This episode of Financial Audit features Mike and Maileen, a couple from Tomball, Texas, who operate a pet waste removal business while raising multiple children and managing a staggering $170,000 in consumer debt. Throughout the audit, host Caleb Hammer exposes a deeply dysfunctional household where Mike and Maileen admit to a history of severe physical violence and verbal abuse during domestic disputes. Financially, the couple is in catastrophic shape: Mike takes large owner draws while his business falls behind on payroll and utility bills, and they are two months behind on their mortgage. Despite earning VA disability benefits, they hemorrhage money on personal and business accounts for convenience food and energy drinks while ignoring child support obligations. Caleb attempts to parse their disorganized financial records, steering them toward bankruptcy options and fractional CFO support while condemning their reckless spending and treatment of employees.
The episode opens with a political advertisement followed by the hosts introducing the show and the guests.
Maileen recounts the first instance of domestic violence, detailing the altercation and its aftermath.
Mike and Maileen introduce themselves, discuss their hometown, and give a brief overview of their family and business.
The hosts dive into Mike’s pet waste removal business, explaining revenue, expenses, and the Profit First method for cash flow management.
Mike explains his financial difficulties, reliance on VA disability benefits, and the challenges of managing household expenses.
The hosts conclude by summarizing key points, offering resources for abuse survivors and financial help, and encouraging listeners to seek support.
Mike details his Army service, the traumatic brain injury he sustained, and how it qualifies him for disability benefits.
The hosts confront a guest about past domestic abuse allegations, revealing injuries and the impact on his life.
The guest explains his honorable discharge and a traumatic brain injury that occurred during service, questioning the military’s handling of his disability claim.
The conversation shifts to the guest’s divorce, detailing his ex-wife’s departure to Japan and the emotional fallout of the split.
The host delivers a brief commercial pitch for American Financing and a Gamer Sub product, interjecting product placement into the episode.
The guest recounts flirting with Asian women and a troubling incident involving underage girls, leading to legal trouble for alcohol distribution.
Business Income vs. Owner Withdrawalsinsight
Mike explains his approach to business finances and owner's withdrawal, revealing that he takes money out of the company despite falling behind on payroll.
Sugar Daddy Origins and Relationship Stressstory
Maileen and Mike discuss how their relationship started 11 years ago, transitioning from a sugar mommy dynamic to living beyond their means.
History of Physical Domestic Disputesdebate
The couple openly recounts multiple instances of severe physical fights, involving punches, biting, and a police intervention that led to an arrest.
VA Disability and TBI Backgrounddata
Mike discusses his service as a Patriot missile operator and his 2,900-dollar monthly VA disability benefit stemming from a traumatic brain injury.
Uncovering 170000 in Consumer Debtdata
Caleb discovers that the couple has accumulated around $170,000 in total unsecured debt, with multiple failed debt consolidation attempts.
Business Accounts Used for Fast Foodstrategy
Caleb reviews business bank statements showing hundreds of dollars spent on energy drinks, fast food, and subscriptions instead of paying employees.
“Whitman's votes drove up costs, cut Medicaid, and risked 350,000 Virginians' healthcare to pay for tax breaks for himself and his donors.”
“You can't, if, if, the human mindset, if you start with, um, income minus the expenses equals your profit, you're not gonna have any profit left, because that's on the back burner.”
“I pay myself a lot of money because the business does well, but only after I pay everyone.”
“I bit his shoulder and then I ran out and he, he chased me.”
“I don't talk about that. I don't talk about that. Yes, okay. Wait, yeah, yeah, so, uh, uh, I'll stay away from that.”
“You are literally behind on payroll and your own mortgage and now I'm also being told two months on electricity.”
“If you add up these minimum payments, it's gonna be another three thousand, four thousand dollars. You can't afford to live. It's bankruptcy.”
“The more you buy, the more you unlock, and the better your chance to see my sexy face on your tub.”
*I CALL HIS EMPLOYEE* and I fully expose his spending and behavior while he refused to pay. And guess what... shes a *single mother* watch the post show here: https://hamr.link/ytjoin *OR* download the brand new Hammer Elite App ➡ https://hammerelite.com/#join (discounted annual) MY NEW FLAVOR IS FINALLY LIVE!! Get Liquid Assets *NOW* for under 40 cents per serving, up to 6 free gifts and 10% off your entire order with code CALEB - https://hamr.link/calebdrank 💰 Download Dollarwise - Big Deals, New Features, Free Trial: https://go.dollarwise.com/join Mid-year audience survey *4 people will win $250 each* take it here: https://forms.gle/a9neyA9aQUtFp6vM9 ============================= *Caleb Hammer Financial Resources* ============================= 👉 See if refinancing your high-interest debt saves money. Checking is free. → https://hamr.link/ytmoneylion2 👉 Get 5% Cash Back with Chime Card and qualifying direct deposits ➡ https://bit.ly/4bff5by 👉 Find and compare much better AND cheaper car insurance for free → https://www.moneylion.com/network/hammer-media/auto-insurance/search 👉 Finally experience relief from your debt once and forall → https://www.moneylion.com/network/hammer-media/debt-relief/explore ============================= 🔥 GamerSupps: tasty, cheap ($0.40/serving)! Save 10% with code CALEB: https://gamersupps.gg/caleb 🔥 Get Your Own *Hammer Financial Score* → https://hamr.link/newquiz ============================= *Sponsors for This Video* ============================= You’re 30 seconds away from being debt free with PDS Debt. Get your free assessment and find the best option for you at https://PDSDebt.com/hammer NMLS #182334 nmlsconsumeraccess.org. APR for rates in the 5s start at 6.327% for well qualified borrowers. Call 866-574-2500 for details about credit, costs and terms. Visit https://AmericanFinancing.net/Hammer Average savings based on borrowers who save over $199.99 ============================= *Education* ============================= 👉 Get access to EVERYTHING I offer all in one place: https://bit.ly/4sUm2pb ⚡Learn how to budget: https://bit.ly/4sspyGh ⚡Learn how to invest: https://bit.ly/41mr8OP ⚡Pay off your debt: https://bit.ly/41mr8OP ============================= *Extra Resources* ============================= 👉 Land a high-paying job with no experience or degree: ➡ https://coursecareers.com/CalebHammer 👉 Get FREE MONEY by investing with Public! https://secure.moneymatchup.com/public-caleb 👉 Find the best credit cards for you with my quiz! https://cards.calebhammer.com/yt 👉 Get $20 from Acorns for free: ➡ https://acorns.com/caleb 👉 Helium Mobile: Use promo code CALEB for a FREE plan ➡ https://hellohelium.com/ 👉 Protect your online privacy and security for free with Aura: ➡ https://aura.com/hammer ============================= *Chapters* ============================= 00:00 Intro 02:10 Jobs & Income 04:20 bro has SUPER nut 05:45 hes not paying his employees.. 09:19 ah yes, lets draw out how stupid you are lol 15:00 chat, we got dumb and we got dumber 17:55 oh. they both get physical... A LOT. 43:30 chat, do you think they handle their finances well? 45:40 button pusher on VA disability... hmm. 48:08 HE GAVE ALCOHOL TO MINORS WHILE OVERSEAS??? 59:48 theyre behind on the mortgage.. 01:14:30 calebs sanity is pushing it's limit loool 01:25:50 surely he will only spend on business related purchases!! 01:34:12 budget!! ============================= Want more content? ============================= 🍿 Caleb Hammer Clips: https://www.youtube.com/@calebhammerclips 🍿 Front Page Documentaries: https://www.youtube.com/@frontpagechannel 🍿 Caleb Hammer Top Videos https://www.youtube.com/@CalebHammerTopVideos ============================= *Connect with me!* ============================= TikTok: https://www.tiktok.com/@calebhammercomposer X: https://x.com/sircalebhammer IG: https://www.instagram.com/calebhammercomposer/ Facebook: https://www.facebook.com/calebhammercomposer/ ============================= *Want to be a guest on Financial Audit?* ============================= 👉 We film weekdays in our studio in Austin, Texas (in person only)! To apply, visit: https://calebhammer.com/apply *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
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