$418,000 Of Debt To "Flee Trumps America" | Financial Audit

💰 *ENDING NEXT WEEK* Download Dollarwise- 6.0 Is Now *LIVE* - Big Deals, New Features, Free Trial: https://bit.ly/46fiDYP WAIT *WTF* - We found HINGE and BUMBLE premium on her phone, and she is messaging men behind his back like crazy. This is an insane post show... watch here: ➡️ https://bit.ly/chpostshow ============================= 🔥 Un-F*ck your finances in 2-minutes → https://bit.ly/3JCuwPS ============================= 👉 Checking & Savings: Get up to a $350 bonus with a new Chime® Checking account, and earn up to 3.50% APY on your savings: https://secure.moneymatchup.com/350-bonus 🔥 GamerSupps: tasty, cheap ($0.40/serving)! Save 10% with code CALEB: https://gamersupps.gg/caleb ============================= *Sponsors for This Video* ============================= Check out Zocdoc and stop putting off those doctors appointments. Go to https://zocdoc.com/CALEB to find and instantly book a top-rated doctor today. ============================= Master Your Money with Caleb Hammer ============================= ⚡️Budget YOUR dream life with my simple courses: ➡️ https://bit.ly/calebhammer ⚡️Check out all of my custom Financial Audit merch: ➡️ https://bit.ly/caleb-merch ============================= *Check Out My Resources* ============================= 👉 Get a $40,000 cash bonus by investing with Webull! https://www.webull.com/k/Caleb 👉 Checking & Savings: Get up to a $350 bonus with a new Chime® Checking account, and earn up to 3.50% APY on your savings: https://secure.moneymatchup.com/350-bonus 👉 Land a high-paying job with no experience or degree: ➡️ https://coursecareers.com/CalebHammer 👉 Get $20 from Acorns for free: ➡️ https://acorns.com/caleb 👉 First 100,000 Mine (formerly Fizz) sign-ups with code HAMMER10 get $10: https://www.usemine.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 👉 Get an exclusive HighLevel 30-day trial: https://gohighlevel.com/calebhammer ============================= *Chapters* ============================= 00:00 Intro 01:40 Jobs & Income 04:00 So He Subsidizes Them 06:10 And He Controls Them? 14:29 That's F*cking Crazy 21:25 DRAG HIM CALEB 27:04 Caleb's Classic Trap lol 30:45 Oh She Isn't A Saint Either 33:30 Degrees Aren't The Answer To Everything 39:15 His Family Is Beyond Toxic. 45:50 D1 Packpedal 54:32 Grown Woman BTW 01:01:45 oop she got triggered quick 01:09:50 The Jokes Write Themselves lol 01:21:00 Performative Champagne Socialist Fr Fr 01:34:00 Budget!! ============================= Want more content? ============================= 🍿 Caleb Hammer Clips: https://www.youtube.com/@calebhammerclips ============================= *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

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

• 0:00Speaker 00

  This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. It boosts your job post to help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now? Then this is a job for Indeed sponsored jobs.

• 0:29Caleb Hammer?

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

• 0:33Speaker 02

  With blue hair, you think I'm patriotic?

• 0:34Caleb Hammer?

  About economics.

• 0:35Speaker 02

  Why would I be patriotic when we're spending more money on bombs than we are for like social programs?

• 0:41Caleb Hammer?

  Literally just got the information that you were just wrong, and yet you're still doubling down.

• 0:45Speaker 02

  I'm a military kid and I can tell you that shit is not needed.

• 0:48Caleb Hammer?

  What do you mean?

• 0:49Speaker 02

  I have opinions on a lot of things.

• 0:50Caleb Hammer?

  That you don't know anything about?

• 0:51Speaker 02

  I definitely know more than I thought I did.

• 0:53Caleb Hammer?

  What? You contribute literally nothing. You've only been a taker and yet you're the one that doesn't like the country?

• 0:59Speaker 02

  I would leave if I could.

• 1:00Caleb Hammer?

  Then the one that gives everything is the one that likes it? Leave for where?

• 1:03Speaker 02

  Anywhere.

• 1:06Caleb Hammer?

  What happened there? Because that is the reality of her situation. And maybe she hasn't confronted it or thought about it for the first time in her entire [bleep] life. You own her. It's weird. Next week is the final week. Dollar Wise is finally here, sending waves through the personal finance world. This is officially now the best budgeting app on the market, and I'm giving you a special deal to download, but only through March 31st. Take a free three day trial to test it out, and then you get the monthly plan at a 33% discount for the first three months, or the annual plan at an insane 50% discount. And with the annual, you get my budget friendly cookbook and my brand new 30 day detailed budget meal plan, signed by me and mailed directly to you. After March 31st, the cookbook is going away forever, so this is literally your last chance. Don't miss the opportunity of a lifetime. Download Dollar Wise to start your free trial. Go to dollarwise.com or click the link below.

• 1:51Speaker 02

  Hi, I'm Violet and I'm 24.

• 1:53Speaker 03

  Hi, I'm Daron and I'm 27, and we live in New Braunfels, Texas.

• 1:57Speaker 02

  And this is Financial Audit.

• 2:00Caleb Hammer?

  Thanks for coming up from New Prawfels, y'all. All right. I love a good couples episode. What do you do for a living, Violet?

• 2:09Speaker 02

  I am a student and an artist.

• 2:12Caleb Hammer?

  Twenty-four, okay, artist, well, yeah, future barista. I see it with your hair. Also, what is with the tall, kind of fat men and like goth women?

• 2:23Speaker 03

  It's a thing.

• 2:23Caleb Hammer?

  It's a collection. They collect one. It's just like they're born and destined for each other. Like, I don't know, do you collect the tall fatty? Or does the tall fatty collect the gothy?

• 2:32Speaker 02

  I love tall fatties, I'm not gonna lie. Like, I like them.

• 2:35Caleb Hammer?

  You're not fat, but like.

• 2:36Speaker 02

  No, I like them chubby though.

• 2:37Caleb Hammer?

  Cause they're super tall.

• 2:38Speaker 03

  Yeah, it kinda evens it out.

• 2:40Caleb Hammer?

  Yeah, I guess it does even it out. So you don't make anything?

• 2:46Speaker 02

  I have a business that does technically make money.

• 2:49Caleb Hammer?

  Business, yeah, let's hear it. What's this?

• 2:53Caleb Hammer?

  What is it?

• 2:54Speaker 02

  So essentially, it's a sticker business. I go to markets and it centers. No, it centers around.

• 3:04Caleb Hammer?

  It's one of those things I fucking pull up to every weekend. And they all have the same pop-ups with little knickknacks people made in a spare bedroom.

• 3:13Speaker 02

  Booty Frog.

• 3:14Caleb Hammer?

  Wow, you're just as unique as all the other people making really weird things that think they're unique.

• 3:19Speaker 02

  Yes.

• 3:21Caleb Hammer?

  It's every place now, it's every little place. I'm like, oh, I'm gonna go to a cute little farmers market. And it's just like everyone's selling their spare fucking bullshit they make.

• 3:29Speaker 03

  I mean, you'd be surprised at like what people will pay for a lot of the stuff.

• 3:32Caleb Hammer?

  Oh, I'm sure they do. I'm sure they do. I mean, that's why they're, again, everywhere. It's kinda crazy. So what does this business make of which you make nothing from?

• 3:42Speaker 02

  So total revenue, I wanna say in the last year, it's been around 50K. And then.

• 3:54Caleb Hammer?

  What? And you've made nothing?

• 3:56Speaker 02

  I don't pay myself.

• 3:57Caleb Hammer?

  Where does it go?

• 3:59Speaker 02

  Primarily back into the business. I believe in reinvesting into my business as much as possible, so.

• 4:05Caleb Hammer?

  Well, what's the future of this business that the investing would get us towards?

• 4:11Speaker 02

  Um, primarily just.

• 4:14Speaker 02

  Variation in products.

• 4:16Caleb Hammer?

  Variation in booty frogs.

• 4:17Speaker 02

  Yes.

• 4:18Caleb Hammer?

  So they show one hole there and different hole there.

• 4:20Speaker 02

  Oh, no, we don't show the hole, just.

• 4:21Caleb Hammer?

  But what's the variation? Okay.

• 4:23Speaker 02

  So like stickers, pins, magnets, keychains.

• 4:26Caleb Hammer?

  Employ anyone? How are we putting 50,000 hours into this? There it is.

• 4:29Speaker 02

  I employ my little sibling.

• 4:30Caleb Hammer?

  How old?

• 4:31Speaker 02

  They are 18.

• 4:32Caleb Hammer?

  Oh, okay, okay, okay. Um, how much do you pay them? 50,000 a year? So really, do they reap all the rewards of your business? Is that what's happening here?

• 4:40Speaker 03

  Kinda.

• 4:41Speaker 02

  Essentially, yeah.

• 4:42Caleb Hammer?

  How do you feel about this? Cause that means all the bills are on your shoulders.

• 4:45Speaker 03

  Not a huge fan about it.

• 4:46Caleb Hammer?

  Yeah, I would, I would bet. Uh, okay. So you bring in zero. You say you're a student too. What does that? What's that situation?

• 4:54Speaker 02

  Um, so I'm an art student. Um, so I get money from the VA to pay for my. Because both my parents are a hundred percent disabled, so I have chapter 35.

• 5:06Caleb Hammer?

  Okay. Okay. So you don't pay anything for college?

• 5:10Speaker 02

  Nope.

• 5:11Caleb Hammer?

  And you're using that opportunity for a art degree?

• 5:15Speaker 02

  Yep.

• 5:20Caleb Hammer?

  Uh, you picked up the goth one. Oh, they're political stickers. I thought they're booty stickers.

• 5:24Speaker 02

  They're booty stickers, political stickers. I think art is inherently political.

• 5:28Speaker 03

  I mean, you know.

• 5:29Caleb Hammer?

  What do you mean inherently political? If I compose a piece of music, that just sounds like.

• 5:35Caleb Hammer?

  That's political?

• 5:36Speaker 02

  Not necessarily.

• 5:37Caleb Hammer?

  It's not inherently political. That's just take. What do you do for a living?

• 5:41Speaker 03

  I am an R and D software engineer at a university.

• 5:44Caleb Hammer?

  There we go. Now we know how the bills are paid because.

• 5:47Speaker 02

  It wasn't me.

• 5:48Caleb Hammer?

  We know 50,000, which actually is like good for the small business just getting started, but you just blow it all. Uh, now you add, what, what does the employee even do?

• 5:58Speaker 02

  They're mainly in charge of inventory management and making sure that the products that we have are.

• 6:03Caleb Hammer?

  Why can't you do this yourself?

• 6:04Speaker 02

  Because if I did this myself, I wouldn't be able to go to school.

• 6:08Caleb Hammer?

  For your art degree, you're building a business. Why is that more important? A bill, a building a business of which people are showing demand of which the marketplace is actually giving you a thumbs up. I would want to double down and go full steam.

• 6:19Speaker 02

  No, that's what I want to do.

• 6:21Caleb Hammer?

  Then do it.

• 6:22Speaker 02

  He requires me to. Get a degree.

• 6:24Caleb Hammer?

  Requires? What is he, your daddy? What, what the?

• 6:26Speaker 02

  He pays my bills.

• 6:28Caleb Hammer?

  Kind of, the VA does. I do. Hello, that's me.

• 6:31Speaker 02

  For the most part, it's him.

• 6:33Caleb Hammer?

  Why pay for your degree of what you're getting in art degree? So you want, you're forcing her to go to school and you're okay with the art degree?

• 6:38Speaker 03

  I mean, that wasn't the first degree that we talked about.

• 6:41Caleb Hammer?

  Should be the last.

• 6:42Speaker 03

  Uh, originally there was talk of being a psychologist, a psychiatrist, or.

• 6:50Caleb Hammer?

  Well, you look like you just give everyone their mental health TikTok diagnosis, the diagnostic medicine regardless of anything. I don't know if I would want you to be a psychiatrist.

• 6:59Speaker 02

  I don't think I should be a psychiatrist.

• 7:01Caleb Hammer?

  Okay, okay. But what about this business that makes money? Why can't she? Why do you control her? Why the, you're just like, oh, you do what I say.

• 7:10Speaker 03

  I think there's a couple of reasons, but one of them probably does come down to some like family issues that my family is very big on education and everyone in my family focuses on having.

• 7:24Caleb Hammer?

  I'm glad I have a family that's more entrepreneurial than the endless degree, degree collecting because we actually end up being successful in life. Other than just having pieces of paper on a wall. I'm sorry, why is pieces of wall, uh, why is a piece of paper more important than what we actually accomplish in life?

• 7:42Speaker 03

  Art professor, how else are you going to be an art professor without a degree?

• 7:45Caleb Hammer?

  Is that what she wants to do? Overrunning her business? Daddy?

• 7:49Speaker 03

  That's a good question. I would say that.

• 7:51Caleb Hammer?

  It seems to be you're the one answering it.

• 7:53Speaker 02

  I would prefer to do my business.

• 7:55Caleb Hammer?

  Hey, why the, what do these conversations go like? Why the, can't you stand up and just be your own adult?

• 8:01Speaker 02

  Do, but at the end of the day, if getting a degree is the only thing he asks of me.

• 8:06Caleb Hammer?

  Only thing he asks, you've been in school for seven years and being told.

• 8:09Speaker 02

  I've been in and out of school.

• 8:11Caleb Hammer?

  Only thing he asks, this is, this is a massive percentage of your life. This is about, we're going on like a whole six.

• 8:20Caleb Hammer?

  I don't know. What? 10, 16? 16% of your life? I don't know. Something crazy.

• 8:25Speaker 03

  I would say that at the end of the day, we need the money from the VA for their schooling. And that brings in more than, like, this is the opportunity to finally get their degree. They won't get this opportunity again.

• 8:39Caleb Hammer?

  I'm assuming their means yours. Are we on the they/them pronoun?

• 8:43Speaker 02

  Yes.

• 8:43Caleb Hammer?

  Pipeline?

• 8:44Speaker 02

  I mean, I have blue hair. I don't.

• 8:46Caleb Hammer?

  We're not surprised.

• 8:47Speaker 02

  Yeah.

• 8:47Caleb Hammer?

  Should I ask you yours?

• 8:49Speaker 03

  I'm kind of fine with anything.

• 8:51Caleb Hammer?

  Okay, great. I love that. Sure. Why not?

• 8:56Caleb Hammer?

  Okay, so our degree, they/them, and blue hair, we get it. But here's the thing. If her business is making 50, if their business is making $50,000, without her putting, without...

• 9:10Caleb Hammer?

  Here we go. Without their putting any effort, without them putting any effort. It's like I'm learning English again, I swear. I'm so sorry. I'm not intending to be disrespectful. Without them putting effort into their business, $50,000, not a lift of a finger practically right now. Imagine what it could be if she's actually.

• 9:29Speaker 03

  Let's be real, that's revenue.

• 9:31Caleb Hammer?

  Yes, it's revenue. But if she... Oh, my.

• 9:36Speaker 03

  That's not a profit. Like, at the end of the day.

• 9:40Caleb Hammer?

  Can I be, like, name the phobic of your choice? I don't care. Can I be phobic for a second? Can't you just be her for a second so I could just speak? So I could just say words?

• 9:49Speaker 02

  I don't mind any of those.

• 9:50Caleb Hammer?

  Thank you. I just want to be able to talk without doing fucking equations in my brain. Oh, my gosh. I went to school, I learned. Him and her. I respect pronouns. I don't give a...

• 10:02Speaker 02

  Technically, in school, you also use they/them when you don't know the gender of the person.

• 10:07Speaker 03

  I mean, they/them goes back to Shakespeare.

• 10:11Speaker 00

  This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. It boosts your job post to help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now? Then this is a job for Indeed sponsored jobs.

• 10:41Caleb Hammer?

  In what context? I mean, again, I don't care about pronouns. I'm down with pronouns. I'm just, I want to, I just want to talk here. I'm talking about money in your legs. I'm not trying to jump through hoops to be the good guy. Okay? So yes, I mean, I say they when I don't know things, absolutely. But also, I mean, when a chick with like her nipples showing through her thing in front of me is there, I'm thinking woman. It's not, and it's not, I don't want to go down the rabbit hole. I respect it and I typically say the pronouns and I don't really, I'm very like freedom oriented to do whatever you want to do. I really don't give, I'm just trying to talk. I'm just trying to talk and it's complicated. It's complicated. Imagine, so I'm just gonna, do I have consent for she?

• 11:26Caleb Hammer?

  Yes. Okay. If she is barely even touching her business and full focus is on school and even with her employee doing inventory management is making 50,000 hours, imagine what it could be if she was putting her full focus on her business. That could be four times. That could be $200,000. It could be $200,000.

• 11:45Speaker 03

  But the thing is, is that I think that the business is currently at capacity at $50,000.

• 11:51Caleb Hammer?

  How do you think this entrepreneurial king?

• 11:54Speaker 03

  Because.

• 11:54Caleb Hammer?

  Where's your assessment?

• 11:55Speaker 03

  My assessment is based on the fact that of how much money they make per event, how many events they can run per year, there's only one of the events.

• 12:02Caleb Hammer?

  With her at school and also you could just come up to Austin. Again, I say I walk around a corner and there's one of these pop ups. They're everywhere. I just went to Asian festival.

• 12:13Speaker 03

  A thousand dollars every week. That's only $52,000 a year.

• 12:17Caleb Hammer?

  Thousand dollar per pop up. Thousand dollar per pop up. She could probably pay $250 for someone to run a pop up somewhere.

• 12:24Speaker 02

  See, that's why I've been wanting to grow my team and like at least get more of a team.

• 12:29Speaker 03

  But you want to grow your team with other art students that don't want to work.

• 12:34Caleb Hammer?

  No, that's perfect.

• 12:34Speaker 02

  It's an art business.

• 12:36Caleb Hammer?

  That's perfect. She wants to work with art students. She can pay a minimum wage.

• 12:40Caleb Hammer?

  They're worth nothing. It's easy.

• 12:42Speaker 02

  Well, yeah.

• 12:44Caleb Hammer?

  Well, they're not getting a job anywhere else.

• 12:46Speaker 03

  Fair enough.

• 12:47Caleb Hammer?

  She's actually in the correct marketplace.

• 12:49Speaker 02

  And then that way I can also like pay them to go sell at the events. They can start getting more experience for themselves. I've even thought about doing like the three month, the three month internship into like full-time job.

• 13:05Caleb Hammer?

  Listen, I mean, here's the reality. The fact is, there's a big disconnect here. I know people like you. It's not necessarily a bad thing, but you and your family have ingrained in your brain the degree collection mentality. You think college and education is above all else, but you don't realize the actual education that happens when scaling a business. You don't realize the actual education that happens out in the real world, outside of just a classroom. Classroom isn't the only place you learn in this world. People that just collect degrees, they might become a professor in the end, but the most successful people in this entire world that have led generations of entrepreneurs are actually college dropouts. That's the fact is, the most successful people tend to be entrepreneurial driven. You're a degree collector. Nobody respects those except for other degree collectors.

• 13:49Speaker 03

  I mean, I would say that at least for me, collecting a degree has been very profitable, has been very capable.

• 13:57Caleb Hammer?

  You're an engineer. You could have done that with a certification. You would have been fine. I just had one on the show the other day. How much do you make?

• 14:02Speaker 03

  I make 110.

• 14:03Caleb Hammer?

  Very good. That guy was making 100. No degree.

• 14:06Speaker 03

  That's good for him.

• 14:07Caleb Hammer?

  That's good for him and a lot of other people I know through like course career certifications and whatnot. They go ahead and get, they get a certification, they get a hundred thousand dollar job. Your degree collection didn't do it. Your skills did it. And getting a degree was good, but people have been able to do it with certifications. Now, don't get me wrong.

• 14:24Speaker 02

  He is talking about leaving his job.

• 14:25Caleb Hammer?

  Well, not only that, but the labor market is aggressively hard right now, I will say. So a degree might push you over that edge a bit more, but experience will push you over the edge any day over that degree. The people that are struggling right now the most are right out of college who don't have those experience and a more advanced degree could help them. But you want to leave anyway.

• 14:46Speaker 03

  Yeah.

• 14:47Caleb Hammer?

  And do what?

• 14:48Speaker 03

  I want to get my PhD.

• 14:49Caleb Hammer?

  Oh, for fuck's sake.

• 14:52Caleb Hammer?

  In?

• 14:52Speaker 03

  In robotics engineering.

• 14:54Caleb Hammer?

  And what you're gonna do?

• 14:55Speaker 03

  I'm planning to either work for another research laboratory, or I'm planning to go into industry.

• 15:01Caleb Hammer?

  Okay, listen, I mean robotics is great, robotics is the future. I'm not necessarily inherently opposed to this. However, this is the income that brings, well, that pays the bills.

• 15:12Speaker 03

  Yeah.

• 15:13Caleb Hammer?

  Uh, and if you continue to force her to go to school instead of actually making money, it's the only income that pays the bills. Also, why is it taking you seven years? Why are you such a failure?

• 15:22Speaker 02

  Because I have to keep dropping out in order to pay for it. I had to pick up a full-time job as a stripper to be able to pay for my school.

• 15:32Caleb Hammer?

  You still do that now?

• 15:34Speaker 02

  No.

• 15:34Caleb Hammer?

  How long did you strip?

• 15:36Speaker 02

  About four years.

• 15:37Caleb Hammer?

  What? You were full titty titty, flappin', flappin'.

• 15:40Speaker 02

  Mm-hmm.

• 15:40Caleb Hammer?

  Butthole.

• 15:41Speaker 02

  Yep.

• 15:42Caleb Hammer?

  You went butthole?

• 15:43Speaker 02

  I had to do nude when I went to DC.

• 15:44Caleb Hammer?

  It was the 18 plus bars?

• 15:45Speaker 02

  Yep.

• 15:46Caleb Hammer?

  Oh, that shit's intense.

• 15:47Speaker 03

  Yeah.

• 15:48Caleb Hammer?

  Did you ever do anything under the table?

• 15:50Speaker 02

  Nope.

• 15:51Caleb Hammer?

  I've been told that happens.

• 15:52Speaker 02

  It does. I don't think it's worth it. I've seen other people do it. It's definitely not worth it.

• 15:57Speaker 03

  No, it lowers yourself usually.

• 15:59Caleb Hammer?

  Huh?

• 16:00Speaker 02

  Yeah.

• 16:00Speaker 03

  It lowers what you make, like.

• 16:02Speaker 02

  It lowers what you make and it also lowers what everybody else can make.

• 16:05Caleb Hammer?

  That's weird. Okay.

• 16:08Speaker 03

  I had lots of stripper friends, so it worked out.

• 16:10Caleb Hammer?

  Is that where you?

• 16:11Speaker 03

  No.

• 16:12Caleb Hammer?

  Collected her?

• 16:12Speaker 02

  No, we met in high school.

• 16:18Speaker 03

  Someone skipped a grade and someone was.

• 16:22Speaker 02

  And he did not ask.

• 16:23Caleb Hammer?

  How old were you?

• 16:24Speaker 03

  I was 17.

• 16:26Caleb Hammer?

  Which means you were 14?

• 16:30Speaker 02

  Yes.

• 16:32Caleb Hammer?

  That is a bit uncomfortable. Like 17, if it was like you're 21 and 17, I'd feel a little less comfortable, but 14 is like, 14 is crazy young.

• 16:47Speaker 03

  I didn't know their age until their birthday.

• 16:51Speaker 02

  Yeah, he didn't know I was 14 until I turned 15.

• 16:54Caleb Hammer?

  Oh.

• 16:56Caleb Hammer?

  Okay, listen, it doesn't matter. It's so long ago. It doesn't matter. It doesn't matter. It doesn't matter. It's just like, this is, yeah, when I hear thirteen, fourteen, I start, my brain starts firing.

• 17:09Caleb Hammer?

  Okay, okay. I mean, I don't care. People, they all up in the grades in high school. I don't, this isn't TikTok, moral masturbation, weird freak out about everything.

• 17:21Caleb Hammer?

  Okay, so the main issue here, though, that I'm being, that I'm being told specifically, is that you just hate that he's trying to shove Dave Ramsey down your throat. And I love you, big fat, I know you love big fat daddy being shoved down your throat. And Dave is one. Thank you, David.

• 17:36Speaker 03

  Well, uh, probably I'll do some more research than that.

• 17:40Speaker 02

  Yeah, we did Dave Ramsey for about five years.

• 17:45Caleb Hammer?

  How do you do it for five years? It's not a five-year thing. What do you mean you did Dave Ramsey for five years?

• 17:51Speaker 02

  Well, we tried the cash stuffing method for five years.

• 17:53Caleb Hammer?

  Yeah. What the happened? You guys are fucked. Hey, hey, you guys are fucked. I don't think David worked for you. Cash stuffing, that's not even bad. Like, I don't, what do you mean? How do you struggle with that for five years and get more fucked? What are you doing?

• 18:07Speaker 02

  We kind of got fucked with credit cards about a year ago.

• 18:10Caleb Hammer?

  Oh, yeah, that's my favorite Dave Ramsey strategy. Open credit cards.

• 18:14Speaker 02

  Well, that's where we started disagreeing on the Dave Ramsey thing.

• 18:17Caleb Hammer?

  And now you guys are fucked.

• 18:20Speaker 02

  Yeah.

• 18:21Caleb Hammer?

  Interesting. Maybe old fatty knows more than blue-haired freak.

• 18:25Speaker 02

  Entirely possible.

• 18:27Caleb Hammer?

  Listen, I disagree with him on credit cards in general, but for the average person, I mean, you guys are, you have no self-control. You have no self-control on anything. I mean, his advice applies to the average person pretty correctly. Guys are children in the way you live your lives. Endlessly in school? Well, endlessly in school?

• 18:44Speaker 02

  It doesn't help that I buy a lot of designer items.

• 18:46Caleb Hammer?

  What have you guys accomplished in life up to this point that actually is tangible and real? I'm gonna say nothing, but let's see.

• 18:53Speaker 02

  Well, we own a condo. And we have a baby.

• 18:56Caleb Hammer?

  You have a child?

• 18:57Speaker 02

  Yes.

• 18:57Caleb Hammer?

  You were stripping when you had a child?

• 18:59Speaker 02

  No, I stopped stripping after having a child.

• 19:01Caleb Hammer?

  Were you popular?

• 19:02Speaker 02

  Yes.

• 19:03Caleb Hammer?

  Okay.

• 19:03Speaker 02

  I was one of the highest earning strippers that were there.

• 19:06Caleb Hammer?

  You're relatively attractive, so I think, I think it makes sense. Oh, but then you immediately started an OF.

• 19:13Speaker 02

  Yes.

• 19:14Caleb Hammer?

  Say, here we go.

• 19:15Speaker 02

  I had to.

• 19:15Caleb Hammer?

  Had to. What is this had to?

• 19:17Speaker 02

  Management required it.

• 19:19Caleb Hammer?

  Huh?

• 19:19Speaker 03

  As.

• 19:20Speaker 02

  So as part of, as part of, yeah, when I was a stripper, management required it as part of my advertisement.

• 19:27Caleb Hammer?

  That's interesting. Okay. Is it, you've deleted it?

• 19:31Speaker 02

  I haven't deleted it, no.

• 19:32Caleb Hammer?

  You haven't deleted it?

• 19:33Speaker 02

  Um, it's mainly where my regulars from when I was stripping still support. So I still get not a lot of money, but it's like a little bit of money that can pay for dinner every week.

• 19:45Caleb Hammer?

  Hold on, wait, are you still posting?

• 19:47Speaker 02

  No.

• 19:47Caleb Hammer?

  Wait, how are they giving you money? They just forgot to cancel?

• 19:50Speaker 02

  They just.

• 19:50Caleb Hammer?

  What are you bringing in with this?

• 19:52Speaker 02

  Uh.

• 19:52Caleb Hammer?

  I'll put that down as the income.

• 19:54Speaker 02

  I don't actually know. I think it's around $60 a week.

• 19:57Caleb Hammer?

  Oh, okay, okay, okay, okay. So $240, $240 a month, which you would have to pay taxes on, but I mean, with that, it's like, so, so nothing. Um, okay. It's interesting. How long has it been since you've posted on it?

• 20:12Speaker 02

  Um, I haven't posted on it in, I want to say like two years.

• 20:18Caleb Hammer?

  That's good. That's good. I'm happy. I want women to get out of that pipeline.

• 20:21Speaker 02

  It's only been a year?

• 20:22Speaker 03

  It's only been a year.

• 20:22Caleb Hammer?

  Either way, I'm happy to get, I'm happy to hear women getting out of the pipeline, especially as a mother. How old's the kid?

• 20:28Speaker 02

  14 months.

• 20:29Caleb Hammer?

  Okay. Have they decided their pronouns yet?

• 20:33Speaker 03

  We're letting them decide later on.

• 20:35Caleb Hammer?

  And what are you, what's your, what's your net?

• 20:37Speaker 03

  My net is, so I just started this job, so I'm still like, seeing what it is after taxes, but I think my net is around 5,800 a month. And then I also get disability from the VA.

• 20:56Caleb Hammer?

  Why do you get disability? You were in the military?

• 20:58Speaker 03

  I was in the Navy for two years.

• 21:00Caleb Hammer?

  What'd you do?

• 21:00Speaker 02

  Okay, he went to school and the Navy paid for it and then he got out medically.

• 21:04Speaker 03

  I was naval reserve and then.

• 21:07Caleb Hammer?

  And what's your disability?

• 21:09Speaker 03

  Uh, depression and anxiety.

• 21:11Caleb Hammer?

  What's that net again? 5,500?

• 21:12Speaker 03

  The, yeah, sorry, 5,800 for the salary. And then the money that I get from the VA is around like 2,070?

• 21:26Caleb Hammer?

  Okay, so what are the financial conversations in this household? You want to leave, you want to barely make any money being a PhD student somewhere?

• 21:34Speaker 03

  However, I will get more money from the VA when I go back to school.

• 21:38Caleb Hammer?

  Okay.

• 21:39Speaker 03

  Around 2,400 extra on top of my PhD stipend.

• 21:43Caleb Hammer?

  Okay, well, so you're still losing though by and probably 33% overall.

• 21:49Speaker 03

  Yeah.

• 21:50Caleb Hammer?

  So what are the money conversations in this household? She went into stripping and OF because you couldn't support her.

• 21:54Speaker 03

  Yeah.

• 21:55Caleb Hammer?

  And now he wants you want to abandon school and you're not allowing her to pursue. Actually, you know what's even a little more up? She actually has a business that doesn't involve people seeing her literal clit. And you're not letting her do that, but you were okay with her stripping for four years and posting her posts online. It's like, what the, what the is this? What is this? Hey, I can tell you guys are pretty progressive, right? Okay, very good. We love that. Where's the woman empowerment? It's only empowering when they're showing areolas. And you won't empower her to go make a business on her own? And then you want to back out and go pursue a degree collection? But the entrepreneur actually bringing in $50,000 is a small business selling butts and political messages? You can't support that. Where's the woman empowerment there?

• 22:37Speaker 03

  I would say I just don't see the ability to scale the business in the same way.

• 22:43Caleb Hammer?

  I literally brought up like three ways to potentially do it. That you probably that like immediately your brain didn't even bring up. And they were the most simple things ever. I don't think, I don't think your lack of ability to see a business being able to scale. Because you've never been an entrepreneur in your life and your family's never been an entrepreneur in their entire lives. Cause their degree collectors has anything to do whether or not she should. Your ability to see it is insignificant and pointless and not a part of the conversation. I don't give a what you see. Why should see? Who are you to determine that? The man of the house? The man of the house is the one who gets to determine? Well, I don't see this business being successful. $50,000 without her doing anything on the business is pretty damn successful.

• 23:27Caleb Hammer?

  Small business employs 48% of the population in this country of workforce. What do you mean? You don't know what the you're doing. You're a degree collector. Get off her ass.

• 23:37Caleb Hammer?

  You let her strip, but you won't let her sell shit? The is wrong with you?

• 23:42Speaker 03

  I mean.

• 23:45Speaker 03

  Big booty frog, I guess it can do pretty well.

• 23:48Caleb Hammer?

  Uh huh.

• 23:49Speaker 02

  It's also because he's upset about me buying designer items.

• 23:52Caleb Hammer?

  Okay, well, that would be how much you're spending on designer items. Was it the strip money or is it money that you don't even bring in?

• 23:59Speaker 02

  It started when I was stripping. I would buy stuff for myself and then after I got out of it to go back to school.

• 24:08Speaker 02

  I started.

• 24:08Caleb Hammer?

  What are you spending on designer?

• 24:10Speaker 02

  Um, I don't, it like depends month to month. Like for my birthday, he got me a.

• 24:17Caleb Hammer?

  He got you, you didn't even get it. I thought you were being criticized of you buying designer shit.

• 24:21Speaker 02

  Oh, well, he did criticize me when I was buying it for myself.

• 24:23Caleb Hammer?

  How much? When, what? If this is the big argument, what even is it?

• 24:29Speaker 02

  It was like, maybe.

• 24:30Speaker 03

  Which thing? Cause I can remember the numbers.

• 24:33Speaker 02

  Yeah, I think the bag that I have is 4K. And then I have a wallet that.

• 24:39Caleb Hammer?

  4K, what the, in what way? You guys are drowning in debt. You were in the David Ramsith program. And you're getting a 4K designer something? What the fuck is wrong with you? What, in what world do you live in?

• 24:49Speaker 02

  Uh, the world where you have to pay money to make money. That's kind of what it is.

• 24:54Caleb Hammer?

  What world is that stripping? There needs to be a bag and stripping. Hey, I've been, I've been to a strip club twice. I didn't look at the bag someone had in their dressing room. In fact, I look at their titties. You suck with money, so you download a budgeting app. You start with the classic one, YNAB, but everyone just deletes it because it's way too complicated to use. So you go to EveryDollar, that's Dave Ramsey, the personal finance guy, right? Well, they're gonna force you to use it his way. That's not very personal finances. Rocket Money, they got a lot of commercials, but they're owned by Rocket Mortgage. Guess what they want to sell you in the end? Then there's the new guy on the block, Monarch. Hundreds of millions of dollars of private equity raising so far. But private equity doesn't have the best track. record when it comes to private data.

• 25:40Caleb Hammer?

  That's why I like Dollar Wise. Built by these people just like you for people just like you. No private equity, no gimmicks, just the best budgeting app there is. Download it now, start the free trial, dollarwise.com, link in the description below. That's kind of stupid, I'll be honest, but what's not is actually getting a checking account that gives you free money. Free money, we like free money. You can get up to $350 in bonus cash right now when you sign up for the checking account that I use, Chime. Also, it makes your savings grow at a 3.5 APY interest rate. Guys, you can watch Financial Odd and get free money at the same time. Who would have thought? That's incredible. Check it out. Link in the description below.

• 26:23Caleb Hammer?

  Sign up for Chime, get that $350 right now in your checking account.

• 26:27Speaker 02

  You would be rare because there's a lot of men that look at the money that the strippers make.

• 26:31Speaker 03

  The big spenders.

• 26:32Speaker 02

  Yeah, the big spenders look for the ones that make the most money.

• 26:36Caleb Hammer?

  What are you talking about? I got some gooners in this office and I've never heard anyone mention this.

• 26:40Speaker 02

  That's, I would hope they're not spending a shit ton of money at the club because I'm talking about.

• 26:44Speaker 03

  Pay enough for them to be spending that much at the club.

• 26:50Caleb Hammer?

  Romfels even has this?

• 26:52Speaker 02

  No, this was when I was living in DC.

• 26:54Caleb Hammer?

  Oh, the politi- well, DC is a different culture, though. DC is a very.

• 26:58Speaker 02

  DC is very big about like what you make and like.

• 27:02Speaker 03

  What you look like.

• 27:03Speaker 02

  Show it, what you look like, all that kind of stuff. So I got into getting designer stuff because of that and then I just kind of got.

• 27:12Caleb Hammer?

  Politician dick did you suck?

• 27:14Speaker 02

  None.

• 27:15Caleb Hammer?

  That's a shame.

• 27:16Speaker 02

  Just, his dick is the only dick I've sucked in the last nine years.

• 27:19Caleb Hammer?

  Rip?

• 27:22Speaker 03

  I don't know. I think it's pretty nice. I can show you later.

• 27:25Caleb Hammer?

  Okay.

• 27:30Caleb Hammer?

  Okay, again, I want to know how these conversations go, guys. I need to see some insight into this household.

• 27:36Speaker 02

  I'm the one who does most of the budgeting. So I sit down and I budget for the month because he gets paid monthly. And so does the VA and everything.

• 27:45Caleb Hammer?

  Okay, okay. Why aren't you a part of these budgeting conversations?

• 27:49Speaker 03

  No, I'm part of the conversation.

• 27:50Caleb Hammer?

  What do you mean? What does it look like then?

• 27:52Speaker 02

  Um, it's mainly just us talking about what we're going to allot to what for each month. So like-

• 27:59Caleb Hammer?

  Okay, you actually go through that?

• 28:01Speaker 02

  Yes.

• 28:01Caleb Hammer?

  Okay, then how much did you spend last month? What was the outflow? Tell me. You should know this, budgeting kings and queens.

• 28:06Speaker 03

  I know how much it was and it was bad.

• 28:08Speaker 02

  I think last month it was really bad because I lost track of it. I think it was about-

• 28:11Caleb Hammer?

  It's always the month we have, out of all the months, oh, we lost track of that one. That got a little weird.

• 28:17Speaker 02

  I mean, that is why we came here is because I lost track of it. And I wanted to be better about-

• 28:20Caleb Hammer?

  What, within one month?

• 28:22Speaker 02

  Yes.

• 28:22Speaker 03

  Yeah.

• 28:23Caleb Hammer?

  What do you mean? You wouldn't be in this much debt from one month. That's, no.

• 28:26Speaker 02

  No, we're in this much debt from one month.

• 28:30Speaker 02

  So, well, well, someone decided to buy a computer and all new parts at the peak of the most expensive time to buy computer parts.

• 28:42Caleb Hammer?

  Why?

• 28:44Speaker 03

  So I'm currently pursuing my grad studies part-time.

• 28:49Caleb Hammer?

  Okay.

• 28:50Speaker 03

  Yeah.

• 28:50Caleb Hammer?

  Great.

• 28:51Speaker 03

  And back at my old work, I had a $10,000 workstation to actually get all of my simulations done on.

• 28:58Caleb Hammer?

  Uh huh.

• 28:59Speaker 03

  And I didn't have that anymore. So I had to build something.

• 29:04Caleb Hammer?

  Had to?

• 29:05Speaker 02

  Yeah.

• 29:06Caleb Hammer?

  You would die without it.

• 29:07Speaker 03

  I wouldn't be able to finish my work. I have simulations that take up 32 gigs of VRAM, take up-

• 29:14Caleb Hammer?

  The school that you're studying with doesn't have a rig for this.

• 29:16Speaker 03

  No, they don't actually. It's actually really shitty.

• 29:19Caleb Hammer?

  Then why are you there in a shitty program?

• 29:21Speaker 03

  Because it's a really highly rated program.

• 29:24Caleb Hammer?

  Highly rated, yet they don't provide any resources.

• 29:27Speaker 02

  He's at Johns Hopkins.

• 29:28Caleb Hammer?

  I smoked pot.

• 29:29Speaker 03

  Johnny Hawkins.

• 29:30Caleb Hammer?

  Yeah, it makes no sense that they wouldn't provide. That's so stupid.

• 29:33Speaker 03

  No, it is.

• 29:34Caleb Hammer?

  Well, so what was the outflow? What did you spend on that?

• 29:37Speaker 03

  I think in total, all the parts and I recycled some old parts, too.

• 29:41Speaker 02

  You did not recycle old parts?

• 29:43Speaker 03

  No, my GPUs. I kept the old GPUs.

• 29:45Speaker 02

  One part?

• 29:46Speaker 03

  That's two parts.

• 29:47Speaker 02

  One of the parts alone was over $2,000.

• 29:50Speaker 03

  Yeah.

• 29:51Caleb Hammer?

  Okay.

• 29:52Speaker 03

  That was just the RAM, though.

• 29:53Speaker 02

  And you bought two of them?

• 29:54Caleb Hammer?

  Rams, yeah.

• 29:55Speaker 03

  Yeah. I think I spent 7K on it.

• 29:59Caleb Hammer?

  Crazy. You guys are dying in debt. 7K? Again, for your degree collection, it isn't actually even providing anything for the household. Do you not understand the difference there where she's out actually contributing to this world? And you're doing nothing but a ego boost.

• 30:13Speaker 03

  I mean, if I finish my degrees.

• 30:14Caleb Hammer?

  She's earning money, you're spending money.

• 30:16Speaker 03

  Double my income.

• 30:17Caleb Hammer?

  Potentially, but the thing is, in the worst situation you guys have ever been in, in order for your degree collection, you're putting all that money in there.

• 30:25Speaker 03

  I need more degrees in order to get where I need to go.

• 30:28Caleb Hammer?

  Yeah, no one's ever made that much money without degrees. To a certain point is what I'm saying. It's the timing thing, man. It's the timing. Worst time to spend. And by the way, that doesn't even account for, I mean, you guys spent,

• 30:43Caleb Hammer?

  outflow was 25,000 hours, where income was 12. Like, so that doesn't even make up for that whole amount.

• 30:49Speaker 03

  Yeah.

• 30:49Caleb Hammer?

  But even still, when we're already going even further in the hole, it's insane.

• 30:57Speaker 03

  I mean, I needed to get my work done. There is no other way.

• 31:01Speaker 02

  Well, you didn't need the cat litter robots.

• 31:04Speaker 03

  I work all day. I can't, I come home.

• 31:07Caleb Hammer?

  And you shouldn't have cats. You can't take care of them.

• 31:11Speaker 03

  I was taking care of them by getting the cat litter robots.

• 31:14Speaker 02

  We had one litter box. And then I was like, let's get more of these, you know, stainless steel litter boxes that are like 40 bucks each. And he said, no, I only want more litter boxes if it's the litter robots. And not any of the refurbished ones. We have to get the brand new one.

• 31:29Caleb Hammer?

  Yeah, but you're a retaliatory spender. Colton's telling me from your guys' spending. Like, quote, "If you get to spend on what you want, then I get to buy what I want."

• 31:38Speaker 02

  Yes.

• 31:38Caleb Hammer?

  No? Do we not care about the household? If he's up, let him get up to a certain point. Leave him maybe if you guys disagree, but not just that. I mean, I don't want you guys to actually separate. But what does that mean? You should dig you got your the household into a worse position.

• 31:52Speaker 02

  Because at the time, we thought that we had enough for both of us to be able to spend and cover it. That's where I lost track of the transactions is we kept promising like the same 4,000 to something different.

• 32:06Caleb Hammer?

  How do you guys even but I don't even think you know how to budget like what the are you guys doing? I mean, you spent more than double that came in. This isn't about $4,000 being allocated here and there. Like I don't, I don't understand it. Then what's going to happen when we lose 33% of the income for the house? What are we going to do? What are we going to do?

• 32:24Speaker 03

  For like two and a half years, I'm not planning on doing it.

• 32:27Caleb Hammer?

  Huh?

• 32:28Speaker 03

  I'm not planning to do it for another like two and a half years, though.

• 32:30Caleb Hammer?

  What happens then? That doesn't magically change the situation. So still still being in school until she's dead. So.

• 32:37Speaker 02

  Hopefully I'll have, I'll be in my master's program by that point.

• 32:40Caleb Hammer?

  Oh, good. Masters in something that will never return its investment. Why are you? Don't let him influence you on this. Pursue your fucking, your passion is actually showing numbers on the paper. Most people that pursue a dumb little business. Honestly, yes, it's a complete failure, but you actually have promising results. Do it. This is actual female empowerment.

• 33:03Speaker 02

  I want to do it. I just, the biggest issue is that I think it would be worth going for it full time and like really pouring my heart into it.

• 33:13Caleb Hammer?

  Yes.

• 33:14Speaker 02

  But everyone I've ever talked to around me says that my degree is first.

• 33:20Caleb Hammer?

  They're cowards. They're cowards. They're cowards. I mean, I would relatively agree.

• 33:27Speaker 00

  This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. It boosts your job post to help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now, then this is a job for Indeed sponsored jobs.

• 33:56Caleb Hammer?

  Free in general, if you were preferably getting a better degree and your business had never shown any promise. If you're like, well, I want to drop out just to start this business. All right, let's pause. Let's pause. Let's think. Don't be a

• 34:09Caleb Hammer?

  but instead you have something that has brought in 50,000 hours last year without you doing anything practically.

• 34:14Speaker 02

  Yeah.

• 34:16Caleb Hammer?

  And an art degree being more important than that? No, you're surrounded by cowards and pussies and degree collectors.

• 34:20Speaker 02

  Yeah.

• 34:21Caleb Hammer?

  There's nothing wrong with a degree too. I don't want to, I don't want to sound anti-degree, but it's like when you prioritize that above all else, including contributing to this world in a real way.

• 34:31Speaker 02

  Yeah, I really want my business to be the full-time thing.

• 34:35Caleb Hammer?

  Are you gonna let him control you? How domineering, how domineering is he in these conversations about this business?

• 34:42Speaker 02

  When it comes to the business, very.

• 34:43Caleb Hammer?

  Tell me, what does it look like? What happens?

• 34:45Speaker 02

  Um, a lot of the times it's um, me talking about something I want to do to scale the business and him telling me that I need to focus on my degree, get that done as fast as possible.

• 34:56Caleb Hammer?

  How does he tell you that? What does this conversation actually look like? I need insight here.

• 35:00Speaker 02

  Like, it really is just me going, I want to do this and him saying, you need to focus on your degree first.

• 35:07Speaker 03

  Well, you want to like go into debt for the business.

• 35:11Speaker 02

  Because I want to be able to scale the business to be bigger and like, the problem is, is if I don't do something about it, I'm just going to get stuck. And like, I won't be able to continue moving forward.

• 35:26Speaker 03

  But like, if the business can't sustain itself right now, at the fact that you're not taking anything out of it for yourself, how is it going to sustain your, how is it going to sustain when you go full-time on it?

• 35:38Speaker 02

  Because I'll be able to, first off, I will be able to actually put time and energy into it and I'll be able to market it, which I haven't been doing. I'll be able to, you know, post about it on social media, which has been getting us a surprising amount of, of um, orders online. I'll be able to actually focus on the online business and like maintaining that. And that, and I can work on getting someone to help me with the marketing. And then, then after that point, it should just be able to pretty much float on its own. Like, we, we don't do any marketing for the business and it like, it really does like really well for the fact that I don't do any marketing. I don't do anything to like promote it other than go to these events.

• 36:23Speaker 02

  And I go to these events, I stand out and people come and they buy things and they buy a lot of stuff. I can't, I don't wanna like raise prices because I need to, you know, get someone to help me with marketing or something like that. I'd rather pull out a little bit of debt that I can easily pay off if I could just focus on the business.

• 36:46Speaker 03

  That's just, it's just more,

• 36:50Speaker 03

  it just, it's more debt. It's more things that we're trying to get out of. It's more things that we're trying to avoid. And you wanna do all of this while still buying your designer bags.

• 37:00Speaker 02

  If I didn't have to go to school and I didn't have to, and I could like focus on the business, do you think I'd have enough time to focus on designer bags?

• 37:10Speaker 03

  I mean, you managed to now. You managed to focus on them when you have school, when you have the business, when you like were being parents. And we have to do all of that and yet you still have time to focus on, you still have time to harp on it. So when is it? When would it be different with the business?

• 37:29Speaker 02

  I'd be able to make my own money to pay for it. Did you think about that? I'd be able to bring in money so I can pay for it myself.

• 37:37Caleb Hammer?

  What debt have you gone into?

• 37:38Speaker 03

  In what way?

• 37:39Caleb Hammer?

  What debt have you gone into? Debt, dude.

• 37:41Speaker 03

  No, no, I mean like in relation.

• 37:43Caleb Hammer?

  Debt have you taken out?

• 37:47Speaker 03

  I've taken out, let's see, I've taken out student loans.

• 37:52Caleb Hammer?

  Cool, but she can't take out something for her future.

• 37:54Speaker 03

  I mean, the way I see it is that the student loans have a much longer and much more protections. Like it has a much longer time.

• 38:01Caleb Hammer?

  Protections, but might not have a better return on investment.

• 38:04Speaker 03

  I could see that, but at least.

• 38:07Caleb Hammer?

  Also not bankruptable. Hers would be.

• 38:09Speaker 03

  For like an SBA loan?

• 38:10Caleb Hammer?

  Would SBA, is SBA the way you're going about it? What kind of debt are you looking into? I'll be honest, I don't want you to go into that. I don't think you need to, I think you can cash flow this.

• 38:18Speaker 02

  Yeah.

• 38:19Caleb Hammer?

  You're already showing the results of that, so I'm against the debt as well. But for you to be vehemently against it, well, go into debt for your own passions and career. Pretty hypocritical.

• 38:28Speaker 02

  I don't want to go into debt for the business. I just don't with like school and everything. I don't have the time to put into the business to like make more to cash flow, something like that, or to even cash flow like something like more people. Because the products themselves take up a lot, most of the revenue. And after that, I pay my little sibling. And then after that, we have a very little amount that I generally put back into making either different products or more stickers or more variety for the business.

• 39:04Caleb Hammer?

  Yeah, but you're talking about getting a Birkin bag.

• 39:07Speaker 02

  Ideally, I would like-

• 39:09Caleb Hammer?

  What the are we talking about? Are we caring about our business? Want to put money into our business? Or we getting a Birkin bag?

• 39:14Speaker 02

  I want to put all, that's why I put all the money from my business back into my business.

• 39:17Caleb Hammer?

  Why are you considering getting a Birkin bag?

• 39:19Speaker 02

  Because I-

• 39:20Caleb Hammer?

  Because you know the best way to have business? Good investment. The stock market is going to do better.

• 39:25Speaker 02

  They've returned normally around like 10% each year.

• 39:30Caleb Hammer?

  Okay, and are you actually gonna exit it?

• 39:33Speaker 02

  Yeah.

• 39:33Caleb Hammer?

  Really?

• 39:34Speaker 02

  Yes.

• 39:34Caleb Hammer?

  You gonna leverage against it?

• 39:36Speaker 02

  I'm planning to like, obviously, once it gains more value, like sell it.

• 39:41Caleb Hammer?

  But why not take advantage of the market, which by the way, is closer to about 12% now. But either way, either way, it's just like, and that's a huge upfront cost. We can get in with fractional shares into the market a lot cheaper than a massive priced Birkin bag. Birkin bag, when you guys aren't even paying off debt, the best way to go into business, less risk, is by having a fully funded emergency fund of approximately a year and no debt.

• 40:04Speaker 02

  We've had multiple emergency funds-

• 40:06Caleb Hammer?

  Exactly, but you don't now. It's a no Birkin bag, cute Birkin bag. You don't get a Birkin bag until you're out of debt and you have a fully funded emergency fund. And then you're building your business. What the are you talking about?

• 40:15Speaker 02

  I just think that-

• 40:15Caleb Hammer?

  What do you think about this Birkin bag thing? $16,000 to $20,000 for a larger model?

• 40:20Speaker 03

  I see it as only plausible if it was less than like-

• 40:26Speaker 03

  If it was like 1% of our net worth.

• 40:29Caleb Hammer?

  Okay, listen, the Birkin bag does not make sense at this situation. I don't understand why it's even a conversation.

• 40:36Speaker 02

  It's more of a conversation because his family is big on how we present ourselves.

• 40:43Speaker 03

  Okay, my.

• 40:44Caleb Hammer?

  Who gives a shit? Why is it all about his family? I don't give a about his family.

• 40:48Speaker 02

  Because they're my family too.

• 40:50Caleb Hammer?

  No, but who cares if they're having, why are you allowing them to have that kind of outside influences? I care about my family too, but do I revolve my entire life around what they value, what they care about? No. What?

• 41:02Speaker 02

  It's also.

• 41:03Caleb Hammer?

  It's so stupid.

• 41:04Speaker 02

  But it's also like a.

• 41:05Caleb Hammer?

  Or is it just jealousy that he grew up rich?

• 41:07Speaker 02

  It might be.

• 41:08Caleb Hammer?

  Yeah, Colton tells me you are actively jealous that he grew up rich.

• 41:10Speaker 02

  I am very jealous that he grew up rich. I wish I had that. Um, I think most people would wish that they grew up rich.

• 41:17Caleb Hammer?

  And that's why he's not willing to take risks. That's why he's a degree collector because he's never actually had to build anything in his life and no one around him has.

• 41:23Speaker 02

  Yeah.

• 41:24Caleb Hammer?

  That's why people like you and me that come from nothing, we're builders.

• 41:28Caleb Hammer?

  They just follow along and they work for us.

• 41:30Speaker 04

  Dude, this is a Wendy's restaurant.

• 41:34Speaker 02

  I've been trying to convince him to do something himself. That's.

• 41:39Caleb Hammer?

  Well, he doesn't have to. He is doing something great.

• 41:41Speaker 02

  No, I know.

• 41:42Caleb Hammer?

  Don't get me wrong.

• 41:42Speaker 02

  I think he's really, really intelligent. I feel like he could do a lot if he were to like.

• 41:48Caleb Hammer?

  Okay, well, that's.

• 41:48Speaker 02

  Do something outside of it.

• 41:49Caleb Hammer?

  Yeah, okay, I don't really care. He makes good money. I don't give. He can do whatever he wants, but that applies to you as well. So this is not an actively dumb ass decision. Why'd you guys move here, by the way, from DC?

• 42:03Speaker 03

  I lost my job.

• 42:05Speaker 02

  Yeah.

• 42:06Speaker 03

  I got fired in the federal firing.

• 42:08Caleb Hammer?

  Colton told me you guys blame Trump.

• 42:10Speaker 02

  Yeah, Trump him in the ass.

• 42:11Caleb Hammer?

  Oh, for the job?

• 42:12Speaker 03

  Yeah.

• 42:13Speaker 02

  Yeah.

• 42:13Caleb Hammer?

  Oh, you worked through the federal government?

• 42:14Speaker 03

  Yeah.

• 42:15Speaker 02

  Yeah.

• 42:15Caleb Hammer?

  Good. Thank you. I appreciate you getting fired. I would like to not spend as much in taxes. What the? Why? Why do we employ so many people?

• 42:23Speaker 03

  I mean, working at a federal research lab that provides goods for society, I would say is a good thing.

• 42:30Caleb Hammer?

  Well, in general.

• 42:30Speaker 02

  Society, your defense.

• 42:34Caleb Hammer?

  Okay, so Trump fired you, I guess. The federal government was the highest laid off sector, but I mean, it does overemploy dramatically.

• 42:44Speaker 02

  Yeah.

• 42:44Caleb Hammer?

  It shouldn't be a jobs program.

• 42:47Speaker 03

  Yeah.

• 42:47Speaker 02

  So we moved over here.

• 42:48Caleb Hammer?

  Unfortunately, that didn't cut the deficit though, so it didn't even matter.

• 42:51Speaker 02

  Yeah, we, we, um, shortly after, or like, right before he got fired, we had our daughter. Um, and I was a stay at home mom with my daughter and his mom actually moved up to DC.

• 43:06Caleb Hammer?

  You guys are for how incredibly not tried you are. You make bombs to bomb people.

• 43:10Speaker 02

  I told you, we seem trash.

• 43:11Caleb Hammer?

  You're a stay at home, uh, wife and mother and you domineer her in terms of what she's allowed to do for work. And her entire life, like, what the fuck are we doing?

• 43:20Speaker 02

  Yeah.

• 43:21Caleb Hammer?

  So confusing.

• 43:21Speaker 02

  Um, but I was a stay at home.

• 43:22Caleb Hammer?

  Maybe almost like your guys' feminism is just performative, not actually resulting in anything positive for women.

• 43:28Speaker 02

  I mean, the, the positive part is that I get a choice and that's.

• 43:32Caleb Hammer?

  Do you?

• 43:32Speaker 02

  Yeah.

• 43:33Caleb Hammer?

  No, no, you actually don't. Are you [bleep] right now? Now I have to ask you, feminist to feminist, are you [bleep]? Because the fact is, you literally have told me in this conversation, you want to build your business. He is making you get your degree. You're doing what you want. You have a choice? What? Has he warped your mind this much? What do you mean? You have told me you do not have a choice. What the [bleep] are you talking about? You have a choice? You went into stripping and OF. You have a choice? That was the only entrepreneurship he actually encouraged. What do you mean choice? There's no choice. He's not giving you a choice. Where's your choice? You don't have a choice. This isn't feminism. This isn't helping you out as a woman. You being a leader, you being a leader as a woman and pulling out, no, this is on you, buddy.

• 44:17Caleb Hammer?

  I'm bringing up the shit that you're doing that she's seeing for the first time and it's hitting her. There's no choice. He's not giving you a choice. And I don't want you to be all of a sudden convinced that you have a choice. It might be in love from his perspective, but it's from a domineering, perverted worldview.

• 44:45Speaker 02

  I need a break.

• 44:47Caleb Hammer?

  Okay, take a break. Take a break.

• 44:57Caleb Hammer?

  What happened there?

• 45:00Caleb Hammer?

  Cause that is the reality of her situation. And maybe she hasn't confronted it or thought about it for the first time in her entire life. You own her. It's weird.

• 45:12Caleb Hammer?

  Let her pursue this. I agree. If she said, I want to open a lemonade stand and nothing's ever happened. Okay, we have a bigger conversation as adults and a couple and a relationship, as a marriage, as a future, but she has had return on investment. She has numbers on paper. Let her pursue this thing. And if she fails, it's okay, because she has a strong support system with a high incoming, uh, income husband. And if you guys control your damn budget and build up an emergency fund and pay off the debt first, it wouldn't even that be a big bomb in her face. And I know you love building bombs. Okay?

• 45:49Speaker 03

  I have trouble seeing it.

• 45:51Caleb Hammer?

  Why does it matter if you have trouble seeing it? Why are you the end all be all? Why are you the dictator of this relationship? Why have you conquered the relationship village here? Why are you the Houthis of the straight of this relationship? Why are you bombing any trade from going through? You're not allowing her to go out into the world and get shit done from people that demand it.

• 46:15Speaker 03

  I mean, I think that I'm not the only person that informs her decision to go to school.

• 46:21Caleb Hammer?

  Informs. Informs. Guy, she obviously looks to you and listens to you as the couple and you guys are more trad than you're willing to admit. Come on, what the are we doing here? Just cause she goes by they, them. You guys are trad it up.

• 46:35Speaker 03

  I think that this is one of those situations where Violet has built up in her mind what my family wants, what their family wants.

• 46:51Speaker 03

  And just it's become this situation where like I told Violet last night that I think I believe in the business. I believe

• 47:04Caleb Hammer?

  You haven't said that shit here. I don't believe that.

• 47:09Speaker 03

  Let me clarify. I believe in the business. If she were to work the business, you know, every weekend.

• 47:19Caleb Hammer?

  Back tracking if I've ever seen somebody. We literally established that very thing here and you were against it. You're like, I don't see it. I don't see it. It's not happening. I don't want to see it.

• 47:28Speaker 03

  Because she wants to be able to spend time with with our daughter.

• 47:32Caleb Hammer?

  That's why you think she wants to pursue her business is just to spend time with the daughter, which by the way, wanting to spend time with the daughter is not a bad thing.

• 47:38Speaker 03

  That's not what I'm saying.

• 47:39Caleb Hammer?

  To drop out of school?

• 47:39Speaker 03

  I'm saying that I'm saying that she believes that if she goes full time on the business, she will never have time with our daughter.

• 47:48Caleb Hammer?

  Bro, she's the one who wants to go full time in the business.

• 47:51Speaker 03

  We have different conversations about this.

• 47:53Caleb Hammer?

  What is she not telling me that's true?

• 47:55Speaker 03

  I would say that right now I am not the main person that actually wants her to get her degree.

• 48:02Caleb Hammer?

  Who is?

• 48:03Speaker 03

  Probably my mother.

• 48:04Caleb Hammer?

  And who the does she matter for? Why? Who gives a shit? Is she here? She in New Braunfels?

• 48:09Speaker 03

  No.

• 48:10Caleb Hammer?

  I don't give a. How often are they talking? Are they Skype in every night? What's going on?

• 48:15Speaker 03

  Talk pretty often. And when I when when when Violet talks about like needing designer bags, needing all these things and talks about them being related to my family, I don't give a shit about that stuff.

• 48:30Caleb Hammer?

  Or is your mother kind of manipulative? Is she showing that she needs to be shown all this to be impressed by her daughter in law, to be impressed of her daughter in law, I should say?

• 48:43Speaker 03

  I can see it.

• 48:44Caleb Hammer?

  Yeah. So talk to her instead of holding her down. Talk to your mother. Let her free.

• 48:58Caleb Hammer?

  Finding a doctor you actually like feels like discovering a diamond in the rough. You'll want someone in-network, nearby, with open appointments, but also someone who actually listens, who explains things clearly, who makes you feel like you're not crazy for Googling your symptoms at 2:00 a.m. And that is why I love today's sponsor, Zocdoc. Zocdoc is a free app and website that helps you find and book high-quality in-network doctors so you can find someone you love. We are talking about booking in-network appointments with more than 150,000 providers across all 50 states. If you need dermatology, dentistry, primary care, eye care, or any of the 200-plus other specialties, you can search by specialty or even by symptom to find exactly what you're looking for. Want to see someone in-person?

• 49:43Caleb Hammer?

  Great! Prefer a video visit? You can do that, too. You can read thousands of verified patient reviews, see real-time availability, and book instantly. No phone tag, no waiting. Most appointments happen within 24 to 72 hours, sometimes even on the same day. I use this, and you should too. Stop putting off those doctor's appointments and go to zocdoc.com/caleb to find and instantly book a doctor you love today. That is z-o-c-d-o-c.com/caleb. zocdoc.com/caleb. Thanks to Zocdoc for sponsoring this message. Let's get back to the episode. If budgeting apps make you feel like [BLEEP], this is for you. Most people who struggle with budgeting are irresponsible. They care about their money, but they get overwhelmed every time they look at it.

• 50:27Caleb Hammer?

  They download an app, connect their accounts, and try tracking. But within a few days, it feels like a homework assignment they're failing. Too many categories, too many rules, too many red alerts screaming at them about what they did wrong. So, of course, they stopped opening it. Not because they don't care, but because it makes them feel worse. And here's what nobody talks about. The stress isn't coming from your spending. It's coming from having zero clarity in using tools that turn money into a failing grade. Have you ever thought, "I just want to know where my money's going without being judged for it"? You're not alone. That's exactly what we built DollarWise. If you want a calm and clearer way to see where your money's going, Money is going, try DollarWise. Download the app today and get a three day free trial.

• 51:12Caleb Hammer?

  No setup nightmare, no manual tracking, no pressure to be perfect. Just connect your accounts, see where your money is actually going and decide if it works for you. Click below to download DollarWise and see if this helps you feel more in control without the stress. And if it's not a fit, cancel anytime. You possessive, oppressive freak, man.

• 51:33Caleb Hammer?

  Like, I don't know. Mother, mother-in-law, why the fuck do we let mother-in-law control our entire destiny? And if you see that, you should stand up like a man. Tell her to back off. Some manipulation. Some

• 51:51Caleb Hammer?

  feeling of pressure to fit in when that shouldn't be it. All she should need to fit in is love. Love, being welcomed to the family. Shouldn't matter what degree she has, what bag she has, what she's doing with her career. That shouldn't be the prerequisites, checking off a list to be fit in and loved by a mother-in-law.

• 52:09Speaker 03

  Yeah.

• 52:10Caleb Hammer?

  Yeah.

• 52:11Speaker 03

  I mean, this even came in with like Violet was talking about possibly pursuing like, uh, what is it? Tattooing or so forth, like, you know, being a tattoo artist. And I talked about it to my mom being like, hey, you know, we need to pay, we need more money for school because, you know, chapter 35 barely covers it.

• 52:35Speaker 00

  This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. It boosts your job post to help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now, then this is a job for Indeed sponsored jobs.

• 53:04Speaker 03

  And my, my mom was like, no, like those people don't care about her degree or what she's getting or so forth. They don't care.

• 53:15Caleb Hammer?

  Why are you vocal frying every word you say? Why you just talk like this? It's obnoxious. It's impossible to listen to.

• 53:23Speaker 03

  I don't mean to.

• 53:24Caleb Hammer?

  What? You don't mean to? There's no way you don't mean to. That's whenever people are just endless vocal fry and of course they mean to. Listen, I you need to have a conversation with this family. What do you think the household financial score is with? Well, for you, you both together as a couple. Zero being the absolute worst, 10 being the absolute best.

• 53:39Speaker 03

  Like a three.

• 53:40Caleb Hammer?

  Guys, if you want your hammer financial score, take the assessment for free at Calebhammer.com. You see where you stand in the world of money, where you need to improve, where you're doing poorly, where you're already doing great. It is free and just takes a few minutes. And if you do not want to be like a guest who ends up on the show, you gotta download the dollar as budgeting app new and improved. It is incredible. Tens of thousands of active monthly subscribers for a reason. And they are changing their lives and you can be too. Get the free trial link in the description below. Sign up for the annual version to save basically 50% if you want it after the free trial. And you get all the perks that comes with it, like my personal meal plan that I have made for people on a budget who need to meal prep throughout the entire week. We lay it out for you. I'll sign it and I'll mail it directly to you. Check it out, guys.

• 54:23Caleb Hammer?

  I'm gonna wait for the woman. All right. How do you feel? She has to do a little strip in the other room.

• 54:29Speaker 02

  Yeah.

• 54:30Caleb Hammer?

  Feel good?

• 54:31Speaker 02

  Yeah, I feel better.

• 54:32Caleb Hammer?

  Lindsay enjoyed the show, I assume. Very good.

• 54:37Caleb Hammer?

  Well, I was listening to his vocal fry for about five minutes and it was thrilling. And I don't know, it sounds like there's a lot of pressure in the family. I don't give a about your mother in law. I don't give a about her. She shouldn't manipulate you. She shouldn't make you feel like the only way to stay welcome is to be impressed. Kurt, I don't give a shit. This is your life.

• 54:57Speaker 02

  Yeah.

• 54:58Caleb Hammer?

  Doesn't mean you can it up, especially with a daughter.

• 55:00Speaker 02

  That's what I'm scared of. I'm scared of like going.

• 55:03Caleb Hammer?

  Pursuing a business, as long as you guys pay off the debt first. Well, like you're gonna have to slow rule because you need to actively pay off the debt, get it fully funded emergency fund, then go into the business. But let's look into the finances and what things actually look like today. So Sapphire Reserve, what the is going on?

• 55:18Speaker 03

  It's our main card for pretty much everything.

• 55:20Caleb Hammer?

  Why does it have an aggressively horrendous disgusting balance of $4,661?

• 55:26Speaker 02

  That's because of the computer part that he needs to return and then.

• 55:32Caleb Hammer?

  What are you doing?

• 55:33Speaker 02

  I think also.

• 55:35Caleb Hammer?

  16 years to pay off minimum payments only.

• 55:38Speaker 02

  I think it was also the litter box, the litter boxes.

• 55:42Speaker 03

  It's been like a million.

• 55:43Caleb Hammer?

  Oh, it was, it was a lot more than that.

• 55:46Speaker 02

  Yeah, I was gonna say it was a lot of stuff.

• 55:47Caleb Hammer?

  It was a lot more than that. Okay, $4,661 owed and 31 cent. Now, who's the swiper on here? Is it both?

• 55:54Speaker 03

  Yeah, both.

• 55:55Caleb Hammer?

  Then what? You guys have no self-control. Why? Why? If we are struggling, even though you guys make well above with the household, the median household and new Bronfels makes, why the are we swiping like this non-controlled? It's disgusting. It's disgusting. Throw away the computer or take away all that. Outside of even just that alone, it is insane spending beyond insane.

• 56:18Speaker 02

  I think it probably doesn't help that we have like, I think this, this time around, it was because we were buying stuff for my birthday and my daughter.

• 56:30Caleb Hammer?

  Who cares about your birthday? Who cares?

• 56:35Speaker 02

  I didn't think.

• 56:35Caleb Hammer?

  You care about your birthday more than your daughter? Well, then you're a disgusting creature.

• 56:39Speaker 02

  No, I care about my daughter's birthday more than mine. That's why we celebrated.

• 56:43Caleb Hammer?

  You, I don't give a shit about your birthday. Pay for her birthday. Do a little thing.

• 56:47Speaker 02

  That's what we did.

• 56:48Caleb Hammer?

  You did yours as well, you creature? Your daughter's what? Three?

• 56:52Speaker 02

  No.

• 56:53Speaker 03

  No.

• 56:53Caleb Hammer?

  14 months. So she doesn't even know what the is going on. She's getting imprinting right now, but she, she won't have any memory. She won't have any memory of this. She'll have some pictures. She'll do a cute little thing, cheap, on the cheap, wonderful. You're paying off debt. You're trying to become, create a better household for this. You grew up wealthy. You don't know what it's like on the other side, but you're about to find the out if you keep going down this path. Okay? Keep going down this path. You're gonna find the out. Get that foreclosure notice. Get the collections in the, in the mail. You're gonna find the out and then your daughter's gonna be going from that household. All for your birthday? Fuck your birthday. I don't give a shit about your birthday. You shouldn't either. Who gives a shit? You're 24. It doesn't matter.

• 57:29Speaker 02

  I didn't, I didn't think I'd make it this long.

• 57:32Caleb Hammer?

  Welcome to life. I don't give a what? You cut yourself once? I don't care. You're here now. You have a daughter. Okay? Okay, we're not sympathizing sob story from 10 years ago. You have a daughter today.

• 57:44Speaker 02

  I know.

• 57:45Caleb Hammer?

  Today. I don't give a about your birthday today. Also, your phone, you're on our show.

• 57:51Speaker 02

  No.

• 57:51Caleb Hammer?

  Today.

• 57:53Speaker 02

  My alarm went off.

• 57:54Speaker 03

  To feed her.

• 57:55Speaker 02

  My alarm to feed my daughter went off.

• 57:57Caleb Hammer?

  So I don't give a, who cares about your birthday? I didn't think I'd make it. Well, that's like what half the people say in life anyways. I don't even give a shit. That means nothing anymore. That's just the TikTok generation of endlessly victimizing themselves in every way whatsoever. Your daughter's alive. Your daughter needs to have a good future. Your birthday doesn't matter.

• 58:13Speaker 02

  No, she does. She gets

• 58:15Caleb Hammer?

  No, you don't know.

• 58:16Speaker 02

  Five hundred dollars to her five twenty nine every month.

• 58:19Caleb Hammer?

  Yeah, thanks to the mother in law, right?

• 58:21Speaker 03

  No.

• 58:22Caleb Hammer?

  From who?

• 58:23Speaker 02

  That's from us.

• 58:23Caleb Hammer?

  Why, why would you do that right now? Like you're heading down a path where you might not even be able to keep a roof over the head. Five twenty nine is great. I know my mother in law put 10,000 hours in, but other than that, five twenty nine does not take priority over actually making sure that there is a potential success in the future here. I love that you guys are doing it, but it might be misplaced. At this exact moment.

• 58:46Speaker 02

  I just didn't want to, I, I wanted to make sure she was still getting her, her money no matter what we did.

• 58:52Speaker 03

  Yeah.

• 58:52Caleb Hammer?

  Yes, but the thing is she, she is gonna live with you guys for a very long time. And if the household is absolutely struggling throughout her entire life and it puts stress and strain on the relationship, which it always does, and it already is, that is not better.

• 59:05Speaker 02

  Yeah, okay. That was my fault then. I was trying to make sure that she still got her money.

• 59:11Caleb Hammer?

  Bad concept. It's just misplaced right now.

• 59:14Speaker 02

  Okay.

• 59:15Caleb Hammer?

  But she already has good money in her five twenty nine.

• 59:17Speaker 02

  Yeah, I just wanted, I don't know. I think, I wanted to also build out her trust as much as possible because I think you were opening that, right?

• 59:27Speaker 03

  Yeah, I was gonna open an upma.

• 59:29Speaker 02

  An upma for her name.

• 59:30Caleb Hammer?

  The thing is, I want to just keep the roof over the head, guys, and you guys are headed down a dark path.

• 59:36Speaker 02

  Yeah, well, right now we have a roof over my head because we're staying with my mom. Um, so we live with her and my little sibling right now in a four bedroom house.

• 59:49Speaker 02

  Um, so we take over a bedroom for us and then a bedroom for the baby. And so that's been really helping us because we can't get out of the condo that we had to leave. In DC. In DC. Cause we bought a condo in DC initially.

• 1:00:05Caleb Hammer?

  Okay, okay.

• 1:00:05Speaker 03

  That's what the mortgage is.

• 1:00:06Speaker 02

  Yeah.

• 1:00:07Caleb Hammer?

  This absolutely comes down to nothing of why you are spending absolutely horrendously on this credit card. What the [__] are we doing? Your mother, your parents, do something. Fix your shit. Where is the behavior change? You have indications, little sprinkles of behavior. That are good. The, you know, saving up for the kid, everything. There's good, but then you guys completely [__] up everything around it. I really don't understand.

• 1:00:30Speaker 02

  I really was trying to keep track of each transaction. Like I list them all out and.

• 1:00:35Speaker 03

  In an Excel sheet.

• 1:00:36Speaker 02

  An Excel sheet.

• 1:00:37Caleb Hammer?

  Then why are you doing this? That makes it worse than ignorance.

• 1:00:40Speaker 02

  Because I can't figure.

• 1:00:41Caleb Hammer?

  You're actively choosing to do this. You can't figure it out. You put it in an Excel sheet. You know exactly what's going on. Also, by the way, that just doesn't work as good. Just use the [__] Dollar Wise app. You guys get it for free forever. Just do that. It puts everything automatically in categories and it makes it much easier for the brain to just see things, which actually makes you make changes instead of seeing things in Excel sheet. Would you have the manual update anyway?

• 1:01:00Speaker 02

  Yeah.

• 1:01:01Caleb Hammer?

  Clearly it's not working, hasn't for years, even with the, even with the David Ramsey method.

• 1:01:06Speaker 03

  David Ramsey.

• 1:01:07Caleb Hammer?

  Didn't work.

• 1:01:10Caleb Hammer?

  Ah, Providence? What's this? Provident age?

• 1:01:13Speaker 02

  Provantage.

• 1:01:14Caleb Hammer?

  Provantage, sorry.

• 1:01:15Speaker 03

  That would be the PC.

• 1:01:17Caleb Hammer?

  Great. Critical necessities for life. In and out. More PC. $3,206 there. Kill me now. Potential groceries, potential bullshit. I don't know. Another 1,800 to the, uh, PC. Bullshit. Groceries or bullshit? I don't know. Jerry's?

• 1:01:35Speaker 03

  Artarama?

• 1:01:36Speaker 02

  That's for my class.

• 1:01:37Caleb Hammer?

  $85? Oh, for [__] sake. Something that you're never gonna [__], I'm so [__], I'm so stupid. UTSA refreshments. Oh.

• 1:01:48Speaker 03

  Yeah.

• 1:01:48Caleb Hammer?

  Oh, this.

• 1:01:48Speaker 03

  Food on campus.

• 1:01:49Speaker 02

  It's mainly food.

• 1:01:50Caleb Hammer?

  Great. That's great. Food. Uber Eats? Uber Eats? You guys are dying in poverty almost and you guys are Uber Eats.

• 1:01:58Speaker 02

  I cook when I.

• 1:01:59Caleb Hammer?

  Oh, that's wonderful. Meal prep then.

• 1:02:00Speaker 02

  I try to.

• 1:02:01Caleb Hammer?

  Okay.

• 1:02:02Speaker 02

  But the problem.

• 1:02:02Caleb Hammer?

  Why better? Shut the [__] up. How many?

• 1:02:04Speaker 02

  We have five people in the house to feed.

• 1:02:06Caleb Hammer?

  Give me your phone. Give me your phone.

• 1:02:07Speaker 02

  Okay.

• 1:02:10Caleb Hammer?

  Open your phone. I can't use a locked phone.

• 1:02:17Speaker 03

  Are you going to Uber Eats?

• 1:02:20Caleb Hammer?

  No.

• 1:02:21Speaker 03

  Oh.

• 1:02:22Caleb Hammer?

  Can you make it English?

• 1:02:26Speaker 03

  No, honestly, I have a hard time too whenever I have to use their phone.

• 1:02:29Caleb Hammer?

  I'm from America. Okay, you use your phone and averages six hours and 24 minutes a day.

• 1:02:37Speaker 02

  I've been trying to work on it.

• 1:02:38Caleb Hammer?

  You don't have time to cook? You.

• 1:02:41Speaker 02

  No, that's because I put things on while I do things. I don't have time to cook.

• 1:02:45Caleb Hammer?

  Shut the fuck up. Put this on English so I can actually understand what's happening here. I'm a, I'm an American. Okay?

• 1:02:52Speaker 02

  There's, you know, Spanish is also a language of America, but.

• 1:02:57Caleb Hammer?

  The American continent, I guess.

• 1:02:59Speaker 03

  Funny enough, America has no official language until I think Trump did an.

• 1:03:02Caleb Hammer?

  That is funny. That's hilarious, I would say, actually.

• 1:03:04Speaker 03

  Yeah.

• 1:03:05Caleb Hammer?

  Try that at a bar downtown.

• 1:03:06Speaker 03

  I will.

• 1:03:08Speaker 02

  I mean, it depends on the bar you go to. Some of them only speak Spanish.

• 1:03:10Caleb Hammer?

  It is true. I do love tacos.

• 1:03:14Caleb Hammer?

  Doesn't mean I can read it.

• 1:03:15Speaker 03

  Bedia hits different.

• 1:03:17Speaker 02

  Bedia does hit different. Kise Bedia.

• 1:03:18Caleb Hammer?

  You guys are a little too close to San Antonio for me. What the, you're showing me a picture of your cat, you.

• 1:03:23Speaker 02

  Phone is just, it's doing, I don't know what's happening. I put it to English and it's.

• 1:03:26Speaker 03

  Oh, it has to reset to the language. Yeah.

• 1:03:28Speaker 02

  It's just sitting there. So.

• 1:03:30Caleb Hammer?

  Then just be patriotic all the time.

• 1:03:33Speaker 02

  Yeah, I'm patriotic. That, that makes sense.

• 1:03:36Caleb Hammer?

  You're not patriotic?

• 1:03:37Speaker 02

  With blue hair, you think I'm patriotic?

• 1:03:39Caleb Hammer?

  You can still be patriotic and be wrong about economics.

• 1:03:41Speaker 02

  Why would I be patriotic when we're spending more money on bombs than we are for like social justice or like the social programs?

• 1:03:50Caleb Hammer?

  We spend 50% of the federal spending on social programs.

• 1:03:54Speaker 02

  Like what?

• 1:03:55Caleb Hammer?

  Social programs, Medicare, Medicaid, mandatory spending, SNAP benefits, veteran benefits.

• 1:03:59Speaker 02

  You mean the SNAP benefits that people just got taken away from them?

• 1:04:01Caleb Hammer?

  You think everyone just got taken off SNAP?

• 1:04:04Speaker 02

  Most people did.

• 1:04:05Caleb Hammer?

  You think the majority just got taken off SNAP? Our military spending is 10 to 20%.

• 1:04:10Speaker 02

  And that's

• 1:04:10Caleb Hammer?

  The bombs you're freaking out about, 10 to 20%. It's egregious we spend 50% on social programs.

• 1:04:14Speaker 02

  I'm a military kid and I can tell you that shit is not needed.

• 1:04:17Caleb Hammer?

  Girl, you literally just got the information that you were just wrong and yet you're still doubling down. We don't spend the majority on bombs.

• 1:04:24Speaker 02

  Okay, maybe it's not the majority, but it's well too much.

• 1:04:26Caleb Hammer?

  It's not even close to the majority, it's not even a quarter.

• 1:04:28Speaker 02

  It's far too much.

• 1:04:29Caleb Hammer?

  Okay, you could advocate for that, but that all of a sudden it doesn't mean, you just said we don't spend anything on social. That's where like more than half of our money goes. And what are you talking about?

• 1:04:36Speaker 02

  I think it needs to be more into social programs.

• 1:04:38Caleb Hammer?

  As usual, you're uninformed about everything.

• 1:04:40Speaker 02

  I think it needs to be more into social programs.

• 1:04:41Caleb Hammer?

  And then you're just not patriotic. What do you mean? We spend more than like anyone. Well, number wise, absolutely.

• 1:04:46Speaker 03

  Yeah, well, technically.

• 1:04:48Speaker 02

  By technicality.

• 1:04:49Caleb Hammer?

  Technically, by money, by per capita, by, yes, we do a lot. We're a very progressive nation. We have the most progressive income tax in the entire Western world.

• 1:05:00Speaker 02

  Okay.

• 1:05:02Caleb Hammer?

  Oh, boy. I love when people have no idea what they do and then they're just not patriotic. It's like, dude, you're literally not a contributor. You should be the most patriotic person. You contribute nothing.

• 1:05:13Speaker 02

  I mean.

• 1:05:14Caleb Hammer?

  You contribute literally nothing. You've only been a taker and, and yet you're the one that doesn't like the country?

• 1:05:20Speaker 02

  I would leave if I could.

• 1:05:21Caleb Hammer?

  Then the one that gives everything is the one that likes it? Leave for where?

• 1:05:24Speaker 02

  Anywhere. I used to live in Germany. I'd rather live there.

• 1:05:27Caleb Hammer?

  Grass is always greener. What would you be doing in Germany?

• 1:05:31Speaker 02

  I could still be an artist there.

• 1:05:32Caleb Hammer?

  Yeah, you think Germans just immediately, they're like, oh, you want to be an artist? Let's give you 80,000 dollars a year.

• 1:05:37Speaker 02

  Well, I know that they're not going to give me $80,000 a year for being an artist.

• 1:05:40Caleb Hammer?

  What do you think would all of a sudden happen?

• 1:05:42Speaker 02

  I think if I was able to do my art full time, I'd be able to make the money I need to make.

• 1:05:46Caleb Hammer?

  Yeah, Germans trying to pursue art and failure. That always goes over well.

• 1:05:51Speaker 02

  All right, well, yeah.

• 1:05:52Speaker 03

  That was a pretty good one.

• 1:05:54Caleb Hammer?

  What do you, nothing would be different. Grass is always greener, dude.

• 1:05:57Speaker 02

  I know, I agree. It is always greener. That's why I'm still here. I'm in Texas. I definitely didn't want to be here.

• 1:06:04Caleb Hammer?

  Well, you didn't want to be where the jobs are and where cost of living is lower?

• 1:06:08Speaker 03

  I mean, that is why we're here.

• 1:06:09Caleb Hammer?

  I mean, I agree that, I mean, it's hot.

• 1:06:13Caleb Hammer?

  Which wasn't so hot.

• 1:06:15Speaker 03

  I also was worried about like, you know, all the like fire, like wildfire notices that like terrifies me.

• 1:06:21Caleb Hammer?

  You don't have to be like patriotic where you're like, yeah, we've never done anything bad. That's just nationalism. That's but it's okay to like the country you're in. And want it to do well.

• 1:06:33Speaker 02

  No, I want it to do.

• 1:06:34Caleb Hammer?

  That's patriotism.

• 1:06:36Speaker 02

  Wanting it to do well is not patriotism. Believing your country is good is patriotism.

• 1:06:41Caleb Hammer?

  Huh? Believing your country is good at everything is not patriotism.

• 1:06:45Speaker 02

  That is basically what most people consider patriotism to be.

• 1:06:48Caleb Hammer?

  More nationalistic in my mind, where you think you're absolutely incredible on everything. Patriotism is wanting the best for your country and changing what's not.

• 1:06:55Speaker 02

  That I mean, then in that case, I guess I am patriotic.

• 1:06:58Caleb Hammer?

  Yeah, except you didn't even know anything about our federal spending when you tried to make a complaint about social programs, even though that's what we spend all our money on. You should not be allowed to have a position if you can't even speak on it. Like, what the? You don't even know what you're talking about. How do you even have that opinion? What do you mean?

• 1:07:14Speaker 02

  I have opinions on a lot of things.

• 1:07:15Caleb Hammer?

  That you don't know anything about?

• 1:07:17Speaker 02

  I definitely know more than I thought I did.

• 1:07:19Caleb Hammer?

  What?

• 1:07:19Speaker 02

  I know about a lot of these.

• 1:07:21Caleb Hammer?

  What does that even mean? What else do you disagree with that you want to flee to Germany for?

• 1:07:25Speaker 02

  I don't want to flee to Germany. I would like.

• 1:07:27Caleb Hammer?

  Kind of said that.

• 1:07:28Speaker 03

  What about Iceland?

• 1:07:28Caleb Hammer?

  You said you would rather live anywhere else.

• 1:07:30Speaker 02

  I'd rather go to Iceland.

• 1:07:31Caleb Hammer?

  I mean, okay, what do you disagree with our country about?

• 1:07:34Speaker 02

  I disagree with how we handle a lot of our issues. I think the fact that.

• 1:07:40Speaker 03

  I mean, healthcare, like, I would say like Medicare for all, stuff like that.

• 1:07:44Speaker 02

  Yeah.

• 1:07:44Caleb Hammer?

  What about it?

• 1:07:45Speaker 02

  Like, I think that it should be provided.

• 1:07:47Speaker 03

  Universal program.

• 1:07:48Caleb Hammer?

  Okay, how's the NHS going? How's Canada doing right now?

• 1:07:50Speaker 02

  Oh, I have a friend in the UK.

• 1:07:51Caleb Hammer?

  Their way times have gone even further and further. I have a friend in the UK. She had a migraine, took her three days to be seen. When she had a severe medical issue being happening.

• 1:07:59Speaker 03

  Yeah.

• 1:08:00Speaker 02

  I mean, but at least she could get seen. There are people here that can't get seen at all.

• 1:08:03Caleb Hammer?

  That's not true. That is objectively not true. Anyone can go to an emergency.

• 1:08:07Speaker 02

  Do you know how many people are stuck in medical debt because they went to an emergency room?

• 1:08:11Caleb Hammer?

  Buddy, you know how insignificant it is to go through bankruptcy in this country at this point? I'm not even saying it's great. I'm not defending our system. But I would rather at least get seen in a life and death situation.

• 1:08:20Speaker 02

  But most people don't even know that they have that.

• 1:08:22Caleb Hammer?

  Life is more important than debt. What do you mean, most people don't know? People go to emergency rooms for their primary care. People know the option.

• 1:08:28Speaker 02

  People know that they can go to emergency rooms. There are many people who don't go.

• 1:08:31Caleb Hammer?

  You're not gonna have me aggressively defend our care system, but if you want to bring a system that is not working in Canada and the UK here, I don't think a lot of people are gonna be in favor of that.

• 1:08:39Speaker 03

  I'm not saying that like UK or Canada have the like ideal system.

• 1:08:43Caleb Hammer?

  You want to do Germany where it's mixed between public and private?

• 1:08:46Speaker 03

  No, I actually think that like China's system is pretty good. China's healthcare system is pretty good.

• 1:08:55Caleb Hammer?

  Concentration camps in western China, that's a system I want to replicate.

• 1:08:58Speaker 02

  We have concentration camps here.

• 1:08:59Speaker 05

  I was literally talking about a concentration camp, you know, where you go for a week to learn and focus.

• 1:09:03Caleb Hammer?

  We education camps where we force people at gunpoint to learn our culture?

• 1:09:09Speaker 02

  Do you know what's going on?

• 1:09:11Caleb Hammer?

  You're actually gonna consider-

• 1:09:12Speaker 02

  Concentration camps that we have here?

• 1:09:14Caleb Hammer?

  Bro, at gunpoint, learning our culture and forgetting everything about their religions. You think we do that?

• 1:09:20Speaker 02

  Yes.

• 1:09:20Caleb Hammer?

  What the f- Your worldview is broken.

• 1:09:24Speaker 02

  And native people? You think they didn't do that shit to natives multiple f***ing times?

• 1:09:29Caleb Hammer?

  So you're comparing what China's doing right now with what happened before any of us were born?

• 1:09:33Speaker 02

  History does mean something.

• 1:09:35Caleb Hammer?

  Yeah, but it's not happening now. I'm talking about using the system now, asshole. I'm not going over to Germany and crying about the Holocaust for every political decisions they make today. What are you talking about? That's such an immature baby argument.

• 1:09:50Speaker 03

  I would argue that Chinese like development of infrastructure is much better than ours.

• 1:09:54Caleb Hammer?

  Yeah, you know how? Because people can't stand up and speak for their rights, their property rights. You want that? You want us to be able to plow new bruffles to the ground to build high-speed rail between Austin and San Antonio?

• 1:10:06Speaker 03

  That might be a hot take, but actually I am so pro that, that that actually might be fine with that.

• 1:10:12Caleb Hammer?

  I'm pro high-speed rail, but if you're okay with literally the government, you not having any say on what the government does, then yeah, we can build a hospital overnight. You're absolutely right. And we'll make sure people die to get it. What?

• 1:10:24Speaker 03

  If it saves more lives.

• 1:10:25Caleb Hammer?

  Your worldviews are weird. I would say actually, Western culture is pretty good. We've done a lot of good things. It's been good for you as a woman?

• 1:10:31Speaker 02

  It has.

• 1:10:32Caleb Hammer?

  Uh, I don't think I actually want to go to a regime that has either forced abortions and re-education camps and 25% youth unemployment.

• 1:10:43Speaker 02

  The United States has forced sterilization in places like Puerto Rico.

• 1:10:47Caleb Hammer?

  When did we do that?

• 1:10:49Speaker 02

  Do you know anything about the history of Puerto Rico?

• 1:10:50Caleb Hammer?

  I'm asking you a question. When did we do that?

• 1:10:52Speaker 02

  Would you like me to pull up a specific year?

• 1:10:54Caleb Hammer?

  Ish. Decade. My goodness. You're the one that bring it up, brought it up, have some kind of knowledge.

• 1:10:58Speaker 03

  It is 20th century.

• 1:11:00Speaker 02

  It is 20th century.

• 1:11:01Caleb Hammer?

  Okay, very good. So not in our lives.

• 1:11:02Speaker 02

  So you want me to only care about the things that have happened right now?

• 1:11:06Caleb Hammer?

  Things that we can change. You can change the youth unemployment in China, the re-education camps. We can change that now if we were Chinese. We cannot change what happened in Puerto Rico already.

• 1:11:16Speaker 02

  We can change what's happening.

• 1:11:17Caleb Hammer?

  Yes, and we are not cutting out people's balls in Puerto Rico today.

• 1:11:22Speaker 03

  But we still have like horrible infrastructure built in Puerto Rico from those decades of like continued.

• 1:11:29Caleb Hammer?

  Now that is an actual argument. Not bitching and moaning about something that wasn't in our life.

• 1:11:34Speaker 02

  If you'd let me finish a sentence, I'd be able to actually get to that.

• 1:11:37Caleb Hammer?

  Yes, please. We cut off people's balls and that's why they don't have roads.

• 1:11:40Speaker 03

  I was worried about the electricity.

• 1:11:42Speaker 02

  Yeah, cuz that's what I said.

• 1:11:42Caleb Hammer?

  Yeah, I was worried about that too. And guess what? You probably are against data centers too.

• 1:11:47Speaker 02

  I am.

• 1:11:48Caleb Hammer?

  Aren't you?

• 1:11:49Speaker 03

  Wait, what?

• 1:11:49Caleb Hammer?

  Why? What's the argument?

• 1:11:51Speaker 03

  Oh, wait, sorry. No.

• 1:11:52Caleb Hammer?

  Other than you just have blue hair. What's the argument?

• 1:11:55Caleb Hammer?

  What's the argument? Cuz Texas is leading in data center construction. What's the argument?

• 1:11:58Speaker 02

  Well, the fact that they're bad for the environment.

• 1:12:00Caleb Hammer?

  Okay, why are they bad for the environment?

• 1:12:01Speaker 02

  Well, for one, they use a lot of the fresh water and we're starting to have a deficit of fresh water.

• 1:12:06Caleb Hammer?

  They use less than 0.5% of all fresh water in the United States. Lawns, lawn maintenance in this country uses 2.5% of all fresh water.

• 1:12:12Speaker 02

  Lawn maintenance is a good thing either.

• 1:12:13Caleb Hammer?

  Very good. Almonds. And California alone use over 1% of all the United States water. We have now closed system loops in data centers that barely use any water. And now data centers that are being built by Amazon? Uh, uh, Amazon, Google are actually net contributors to water in this country. So you're again, again, something you have no information about. Now, if you wanted to say energy, there's a valid argument there.

• 1:12:40Speaker 03

  I was gonna say, I actually like data centers.

• 1:12:43Caleb Hammer?

  But of course, you're just blue haired, uninformed on everything and you wanna flee this country and you have no idea what you're talking about. And by the way, all the other Nordic countries with all the social programs you like, they build data centers like no other.

• 1:12:54Speaker 02

  That doesn't mean I support them either.

• 1:12:56Caleb Hammer?

  But you should. What's wrong with that? What is actually wrong with that?

• 1:12:59Speaker 02

  I just don't think that they're contributing to like anything.

• 1:13:03Caleb Hammer?

  Well, objectively, they're the only thing that grew the economy last year, yes. And two, do you want to have China completely dominate that? You know what happens in countries that didn't invest in the infrastructure of the 20th century? They're left behind.

• 1:13:16Speaker 03

  Yeah.

• 1:13:16Caleb Hammer?

  Doesn't mean we can't, we cannot be those people in the 21st century. The electricity, that's a valid argument. But guess what? 70% of the US entire electrical grid is near retirement because we haven't invested in it in 20 years at all. The only reason we're even having that conversation is because of data centers. In data centers, many states are requiring them to have onsite electricity generation and any connectivity to the overall network and generation being powered by the network, they have to pay for 100% of the cost. That actually happened from the Trump administration with Democratic governors and Republican governors doing that in the states of Michigan and in places like Texas.

• 1:13:53Speaker 03

  I think that was Microsoft that led that effort.

• 1:13:54Caleb Hammer?

  Microsoft is leading that effort. They were pioneers on that, absolutely. So again, your argument is invalid there. Now, many places have seen local increases in electricity prices, but now we are fighting that. We are fighting that by making them build onsite and pay for 100% of the cost.

• 1:14:09Speaker 02

  Okay.

• 1:14:09Caleb Hammer?

  So you're against them still?

• 1:14:11Speaker 03

  Well, I'm against the onsite generation when they're using like turbines to do it. Like, I think that's ridiculous.

• 1:14:17Caleb Hammer?

  Well, it makes sense when it takes three years to connect to the power grid because our regulations are absolutely insane. That means by the time they wanna build the data center, if they do not do onsite uh, actual electricity, it means they have to wait three years just to open it, which means the 1,200 jobs or so that are created with each building of an actual complex like in Abilene, Texas. Would take three years just for those people to start working. That doesn't make any sense. In fact, they were able to cut property taxes in half in Northern Virginia, where the highest concentration of data centers are. And guess what? Now they're banning all new construction of data centers because of people like you that have no idea what the they're talking about. And they're just on the next thing of outrage and they want to flee to Germany where they build data centers. You're just and have no idea what you're talking about. Open your phone again. We'll see how much that was cut.

• 1:15:01Caleb Hammer?

  Starbucks is bull and a waste of money. And you already know that by making your coffee at home and investing the rest. So now you need to do that with your energy drink as well. Make gamer subs at home for just 40 cents a serving. Honestly, it literally tastes better. And we proved this accidentally via a blind taste test in our Hammer Elite show, Fat and Fatter.

• 1:15:24Speaker 06

  The number one ranked energy drink is gamer subs. Literally, the cherry flavor is insane.

• 1:15:31Caleb Hammer?

  Listen, you can also get free samples to see if you like it or 10% off your order at gamersubs.gg or click that link in the description below. Type in code Caleb. I am so excited for you guys to finally get your hands on what I've been working on for a year. The brand new Dollar Wise budgeting app. And listen, I get it. The first iteration was a disaster. Many reasons from working with an external agency to shit infrastructure that I could use, but let's be honest, that was on me. So I put my money where my mouth is. And after investing millions of dollars and hiring dozens of people, we've completely rebuilt Dollar Wise and it is truly incredible. And to celebrate, I am giving you some insane deals to sign up for the first time or trying

• 1:16:16Caleb Hammer?

  it again after you used the shitty version last year. But these deals only last through March 31st and then they're gone forever. Download now, take your free trial to test it out and get the monthly plan at a 33% discount for three months or take the annual plan for an insane 50% discount. And with the annual, you get my budget friendly cookbook signed by me and my brand new 30 day detailed budget meal plan signed by me as well. Both of them mailed directly to you. But after March 31st, the cookbook is gone forever. So this is literally your last chance to get it. Don't miss this opportunity of a lifetime. Download Dollar Wise and start your free trial. Go to dollarwise.com or click those links below.

• 1:16:58Caleb Hammer?

  Girl, you're just on YouTube all day.

• 1:17:00Speaker 02

  Yeah, that's why I leave it playing while I'm.

• 1:17:02Caleb Hammer?

  Leave it playing while you cook.

• 1:17:04Speaker 02

  Yeah, that's what I do.

• 1:17:06Caleb Hammer?

  But you just said you don't cook.

• 1:17:07Speaker 02

  Because I have afternoon classes. So I get up in the morning and then I cook for the dinner and then I go to class.

• 1:17:14Caleb Hammer?

  One of you needs to wear more deodorant.

• 1:17:16Speaker 03

  Oh, that might be me.

• 1:17:18Caleb Hammer?

  Who's going to Cheesecake Factory? You can't afford shit to save your life.

• 1:17:23Speaker 03

  That would be us.

• 1:17:23Caleb Hammer?

  And Chick-fil-A, that's real progressive.

• 1:17:27Speaker 02

  Homophobic chicken just ate.

• 1:17:28Speaker 06

  Now, more than ever, we need someone on our side. But Rob Whitman? Whitman's votes drove up costs, cut Medicaid, and risked 350,000 Virginians' healthcare to pay for tax breaks for himself and his donors. He's not on our side. Shannon Taylor will fight corruption, cut taxes, and bring down costs. This November, vote for Shannon Taylor. She's for us. Paid for by HMP, the House Majority PAC dot com. Not authorized by any candidate or candidate's committee.

• 1:17:58Speaker 02

  He's good.

• 1:17:58Caleb Hammer?

  It does. It really does.

• 1:17:59Speaker 02

  Unfortunately.

• 1:18:01Caleb Hammer?

  It really does.

• 1:18:04Caleb Hammer?

  Okay, this is so funny. Now we have to leave in our part of that conversation. $21 a month for ChatGPT.

• 1:18:13Speaker 03

  I was using it for a little bit. I canceled it, but.

• 1:18:16Caleb Hammer?

  It's very good for workflow. There's nothing wrong with utilizing a tool.

• 1:18:20Speaker 03

  I was using it for their Codex integration.

• 1:18:23Caleb Hammer?

  Uh huh.

• 1:18:23Speaker 03

  So.

• 1:18:24Caleb Hammer?

  And here's the thing, listen, I'm not, I'm like, I would actually rather AI not be a thing because I'm terrified of what it's gonna do for jobs. I just, I'm not gonna be ignorant to the, just the reality of the world and we can't get left behind. The fact is, if you're gonna be so anti-AI that you're not gonna learn it, you're actually gonna get left behind in new industries.

• 1:18:40Speaker 02

  I'm anti-AI. I'm anti-using it for stuff like art, but I'm not anti-AI as a total.

• 1:18:44Caleb Hammer?

  But even still, people are gonna use it for art. I don't like it either.

• 1:18:48Speaker 02

  That's what I mean, I don't like it.

• 1:18:49Caleb Hammer?

  But if you don't figure out how to use it for what you do, you're gonna get left behind.

• 1:18:53Speaker 02

  No, but that's what I'm saying. It's another tool to use, but I don't like when people use it.

• 1:18:57Speaker 03

  For some of your business planning.

• 1:18:58Speaker 02

  Yeah, I was gonna say, I use it for my business planning.

• 1:19:00Caleb Hammer?

  Well, you're using the data centers.

• 1:19:03Caleb Hammer?

  They use 10 times the electricity per query in chat GPT than you do a Google search. You're doing that. And then you're they're so performative. They have no actual values in this world. They don't even know what they're talking about. Oh, I'm glad I got to meet one in person. I'm so dead. I'm so glad. You guys are horrendous. I'm so glad civilization doesn't listen to you. So we can all progress.

• 1:19:23Speaker 02

  Just remember, I can vote.

• 1:19:25Caleb Hammer?

  We know. We know. And I don't think you have an impact in Texas.

• 1:19:30Speaker 02

  Let me express.

• 1:19:31Caleb Hammer?

  No, you don't have an impact in Texas. I'm not even pro state government here in Texas. I think they go way too extreme to the right. But listen, it's like, we could vote, yeah, but you haven't done anything to save your life. So, okay, Cheesecake Factory. Yeah, I'm glad we can have financial people that are completely undisciplined and can't speak on a subject to save their life. A nanny's cakes, Neiman Marcus, what is this LeBoutin? Kristen LeBoutin?

• 1:20:06Caleb Hammer?

  That's Louis Vuitton?

• 1:20:07Speaker 02

  That's Louis Vuitton.

• 1:20:08Speaker 03

  Lubitom.

• 1:20:09Caleb Hammer?

  Lubitom. What the are you spending $1,185 on when you can't even keep a roof over your head potentially?

• 1:20:15Speaker 03

  Was that your first or second pair of shoes?

• 1:20:17Speaker 02

  I only have one. Oh, no, I do have two.

• 1:20:21Caleb Hammer?

  Oh, and you're gonna spend $5,000 going to the place you'd rather live England soon? What the is happening here?

• 1:20:27Speaker 02

  We're going to England to visit my best friend.

• 1:20:29Caleb Hammer?

  Okay, make them come here if they can afford it. You can't afford a $5,000 trip.

• 1:20:33Speaker 02

  No, they have come here multiple times.

• 1:20:35Caleb Hammer?

  But you can't afford this right now. FaceTime. You can't afford this. You can't. That's just a reality. I want you to see your best friend. The fact is, and this is how a lot of people are gonna see this for the first time. They're gonna see me as being rue rue pro AI, a rue rue pro Republican government in Texas, a rue rue anti traveler, a rue rue I hate Germany. No, you guys are just so broken in every perspective in an extremist position, including you're not willing to cut back on a trip to go to the UK. I want you to go there. I want you to have a best friend. I want to get you to that position. But you've thrown away your life so much that you're only gonna go further down a hole that is gonna hurt you and your child. And they matter more than seeing your best friend. They do. That's a fact.

• 1:21:20Speaker 02

  Yeah.

• 1:21:20Caleb Hammer?

  So cancel this now.

• 1:21:23Speaker 02

  Well, that's why we're here is to fix it so that we

• 1:21:25Caleb Hammer?

  Well, cancel it. I'm telling you. You will not go to the UK.

• 1:21:30Caleb Hammer?

  See, that's why you're here. Fuck you. That's not why you're here. You want to do what you want to do regardless. You're set in your ways. That's why you have opinions on things you're not informed about. Because you are set in your ways. You're not open to alternative perspectives and information. Then cancel the UK trip. You cannot afford $5,000. You couldn't afford the $7,000 PC. You certainly can't afford a $5,000 UK trip on top of it.

• 1:21:52Speaker 02

  We'll cancel it.

• 1:21:53Caleb Hammer?

  You will.

• 1:21:53Speaker 02

  Yes.

• 1:21:54Caleb Hammer?

  Officially.

• 1:21:54Speaker 02

  Yes.

• 1:21:55Caleb Hammer?

  It's done.

• 1:21:55Speaker 02

  Yes.

• 1:21:55Speaker 03

  There's no way to pay off the debt before then and then take the trip?

• 1:21:59Caleb Hammer?

  When's the trip?

• 1:22:00Speaker 03

  The summer.

• 1:22:00Speaker 02

  The trip's in June.

• 1:22:00Caleb Hammer?

  Can you get a 12-month emergency fund before doing that? Doubt it, because that's what you need before she can do business full-time.

• 1:22:09Speaker 03

  You want to ramp up the business?

• 1:22:11Speaker 02

  With what time?

• 1:22:13Caleb Hammer?

  Wait, do this.

• 1:22:15Speaker 02

  No.

• 1:22:15Caleb Hammer?

  Do this.

• 1:22:16Speaker 02

  No.

• 1:22:16Caleb Hammer?

  Please.

• 1:22:16Speaker 02

  No.

• 1:22:17Caleb Hammer?

  Please.

• 1:22:17Speaker 02

  No.

• 1:22:18Caleb Hammer?

  Please.

• 1:22:19Speaker 02

  I know why.

• 1:22:20Caleb Hammer?

  I have a bit I'm trying to do.

• 1:22:23Caleb Hammer?

  That's what stinks!

• 1:22:26Speaker 02

  It's not, but okay.

• 1:22:28Caleb Hammer?

  You like to get up there in them hairy pits?

• 1:22:30Speaker 03

  Absolutely.

• 1:22:31Caleb Hammer?

  Listen, you, you look, you look like friend of the show Papa Gut if he had hair. And he loves getting in his wife's hairy pits, and I love that. I love that for him. I love that for him. Ooh, I did get a big whiff as you put them down, so actually, okay.

• 1:22:46Speaker 02

  That's why I kept them down.

• 1:22:47Caleb Hammer?

  Tarts Bakery, Dairy Queen, University of Texas, San Antonio. I think he just bought something there. Two Tarts Bakery, Internet, Lily Goat, Starbucks, Neiman Marcus. You can't afford Neiman Marcus, asshole.

• 1:23:02Speaker 02

  I don't know what that was for.

• 1:23:03Caleb Hammer?

  Oh, you don't even know what it's for. That's when you know you're in an absolutely horrendous position. You're a fake moralist. You really just want to live a bougie lifestyle.

• 1:23:15Speaker 02

  Yeah.

• 1:23:16Caleb Hammer?

  That's it.

• 1:23:17Speaker 02

  Yeah.

• 1:23:17Caleb Hammer?

  That's it. Let's just be honest. You don't actually give a fuck about anything you talked about here that you're uninformed on.

• 1:23:22Speaker 02

  I would like to be more informed on it. I just...

• 1:23:24Caleb Hammer?

  Then why have an opinion before being informed? I don't know. I try to not allow myself to. We all fail in that as humans.

• 1:23:30Speaker 02

  Mainly just, I try to stay as informed, but I forget a lot of the things that I read if I, like, and I don't...

• 1:23:37Caleb Hammer?

  Where do you read?

• 1:23:39Speaker 02

  A lot of, like, sources from, like, I'm, I'm big, I was a psychologist for a while.

• 1:23:44Caleb Hammer?

  Where do you read? Your information.

• 1:23:48Speaker 02

  Mostly journals.

• 1:23:50Caleb Hammer?

  What journals?

• 1:23:51Speaker 02

  Depends on the, on what we're talking about.

• 1:23:54Caleb Hammer?

  From where?

• 1:23:56Speaker 02

  Mainly from government sites.

• 1:24:01Caleb Hammer?

  Government sites. It's not usually the most reputable reporting sources on government programs.

• 1:24:10Speaker 02

  I know, but I tried to find a source that's as close or as reputable as possible.

• 1:24:16Caleb Hammer?

  I would rather have an independent journalist that's going into a government organization, especially the current administration, almost any information they put out, I'm like not gonna listen.

• 1:24:23Speaker 02

  Oh no, I'm not listening, but I need to be able to read it.

• 1:24:25Caleb Hammer?

  Cause they're all like hype, hype on their shit.

• 1:24:28Speaker 02

  Yeah.

• 1:24:28Caleb Hammer?

  So I'm not gonna listen to their shit, but I wouldn't listen to the Biden administration shit either. I'd rather look, I'd rather the Wall Street Journal look into what the administration's doing, get some sources on record or off record and make a report.

• 1:24:41Speaker 02

  Yeah.

• 1:24:42Speaker 03

  That is like, if you can still trust them after all the firings again.

• 1:24:46Caleb Hammer?

  Wall Street Journal? Are you talking about the Washington Post?

• 1:24:48Speaker 03

  Oh yeah, I mixed up with the Washington Post.

• 1:24:49Caleb Hammer?

  Oh my gosh, they know nothing. They have opinions and they know nothing. Amazon, Uber Eats, Nordstrom, Sephora, Lily's Cookies, going in and getting into bullshit. Amazon going in and getting into bullshit. Nordstrom again. How often do you go to Nordstrom asshole?

• 1:25:05Speaker 02

  Um, decently often.

• 1:25:10Caleb Hammer?

  Why? Why do you feel entitled to that?

• 1:25:13Speaker 02

  I mean.

• 1:25:14Caleb Hammer?

  What do they call them? Caviar socialist? Something like that?

• 1:25:18Speaker 02

  I knew he was gonna say that.

• 1:25:21Caleb Hammer?

  I mean, am I wrong though?

• 1:25:22Speaker 02

  No, no you're not.

• 1:25:25Speaker 03

  We actually had to talk about this like recently.

• 1:25:29Caleb Hammer?

  I mean, objectively you are.

• 1:25:31Speaker 02

  Yeah.

• 1:25:31Caleb Hammer?

  Louis Vuitton, Nordstrom, all this insane shit. Hot Pot, AMC, AMC, Target, Target, UT Commons Cafe.

• 1:25:40Speaker 02

  When I go to Target, it's groceries.

• 1:25:41Caleb Hammer?

  I hope so, but there's also a couple of purchases of the same day. One was like a grocery amount. One was like a $5 purchase. Highly doubt that's groceries.

• 1:25:48Speaker 02

  That was probably Starbucks.

• 1:25:54Caleb Hammer?

  Why are you living up to every stereotype? It's so unfair to you. Like, I'm not even doing it.

• 1:26:00Speaker 02

  I don't know.

• 1:26:01Caleb Hammer?

  D-pad, Michael Stores, Turnstile Coffee Brie, Signature Nails, Signature Nails, McDonald's, Amazon, Barnes & Noble, Barnes & Noble, Jerry's. Arara. They have one there?

• 1:26:14Speaker 02

  Yeah, in San Antonio.

• 1:26:15Caleb Hammer?

  Oh, they're all around?

• 1:26:17Speaker 02

  Yeah, I think that's the only-

• 1:26:18Caleb Hammer?

  Do they have a spinning Jerry?

• 1:26:20Speaker 02

  I don't think so, no. It's not, it's like a smaller one over there.

• 1:26:23Caleb Hammer?

  Hmm, there's a cool Jerry's Arara here.

• 1:26:25Speaker 02

  Is there?

• 1:26:25Speaker 03

  Oh, really?

• 1:26:26Caleb Hammer?

  With the big spinning Jerry. Don't go there after here!

• 1:26:29Speaker 02

  There we go.

• 1:26:30Speaker 03

  I'll think about it.

• 1:26:35Caleb Hammer?

  D-Brand? D-Brand case, or skin?

• 1:26:39Speaker 03

  Yeah.

• 1:26:40Caleb Hammer?

  Oh, for fuck's sake, for 200 bucks, my goodness. I love them, they support the channel, but you can't afford them. Nordstrom again? Oh, HEB, Boogie B. Yeah, but the HEB was bullshit, it was $2, and then you went to groceries the same day.

• 1:26:54Speaker 02

  No, HEB, we also get the pharmacy.

• 1:26:56Caleb Hammer?

  Oh, okay, that's fair.

• 1:26:56Speaker 02

  So it's like the smaller round of-

• 1:26:58Caleb Hammer?

  I'm sure you're on a lot of self-diagnosed meds.

• 1:27:00Speaker 02

  Not self-diagnosed, but a lot of meds.

• 1:27:02Caleb Hammer?

  Mm-hmm.

• 1:27:03Speaker 03

  As with me.

• 1:27:04Speaker 02

  I see far too many doctors for it to be self-diagnosed.

• 1:27:06Caleb Hammer?

  Oh, I'm sure you do. I bet you're getting endlessly enabled. Come on, we've seen it so much in this culture. Have you seen the mental health diagnosis among young women in this country?

• 1:27:16Speaker 02

  No, I'm talking about physical, physical shit.

• 1:27:18Caleb Hammer?

  What's wrong with you?

• 1:27:19Speaker 02

  A lot. My entire autonomic nervous system doesn't work properly.

• 1:27:23Caleb Hammer?

  Okay, you're gonna have to tell me what that is.

• 1:27:25Speaker 02

  So you're-

• 1:27:26Caleb Hammer?

  At least I don't pretend to know something when I don't.

• 1:27:28Speaker 02

  No, that's fair. Um, autonomic nervous system is what controls like your heart rate, your sweat, your, like, a lot of-

• 1:27:35Caleb Hammer?

  Why are you so stinky if you don't sweat?

• 1:27:37Speaker 02

  Uh, that actually happened after pregnancy.

• 1:27:39Speaker 03

  Yeah.

• 1:27:40Caleb Hammer?

  That's good.

• 1:27:40Speaker 02

  After pregnancy, my whole body- I used to not smell at all, and then like now I can't really control-

• 1:27:46Caleb Hammer?

  You went from Asian to Mexican.

• 1:27:47Speaker 02

  If that's how you want to put it, sure. Yeah, I didn't really sweat before, and now it's completely different. I'm like relearning my body right now.

• 1:27:54Caleb Hammer?

  So Cosair Gaming, of the 2,500, kill me now. You both are horrendous. Michael Stores, P&H Photo, $806.

• 1:28:04Speaker 02

  Wait, P&H Photo, I think is for my- Wait, what was that for?

• 1:28:07Caleb Hammer?

  Oh, great.

• 1:28:08Speaker 02

  No, no, no, no, wait, how much was it?

• 1:28:09Caleb Hammer?

  Grrrr.

• 1:28:10Speaker 02

  How much was it?

• 1:28:11Caleb Hammer?

  Bullshit, bullshit, bullshit. This is just so stupid. Okay, okay, let's move on to the second card.

• 1:28:17Speaker 03

  Okay.

• 1:28:19Caleb Hammer?

  I thought you guys were protesting Starbucks. Aren't they on the BBC list or whatever?

• 1:28:24Speaker 03

  Oh.

• 1:28:28Speaker 03

  No, um, I think, I think they are, but like, that's why we were like rationalizing it because it's the

• 1:28:34Caleb Hammer?

  Formative.

• 1:28:35Speaker 03

  The target.

• 1:28:35Caleb Hammer?

  Champagne.

• 1:28:36Speaker 03

  Starbucks.

• 1:28:37Caleb Hammer?

  Social.

• 1:28:37Speaker 03

  Versus like the other.

• 1:28:39Caleb Hammer?

  You guys have no values.

• 1:28:41Speaker 03

  I will say.

• 1:28:42Caleb Hammer?

  I'll let you use the mine card. It used to be the fizz card. It's the mine card. Thank you for the footsie under the table. I appreciate it. That's okay. No, let's play footsie. Let's, let's touch those.

• 1:28:49Speaker 02

  I mean, I'll play footsie with you.

• 1:28:50Caleb Hammer?

  We'll play footsie. You're getting cucked over there. We're playing footsie.

• 1:28:53Speaker 03

  Oh, boy.

• 1:28:54Caleb Hammer?

  Uh, I'll let you guys use the mine card. It used to be a fizz card, but it's the mine card. Now it is the debit card that builds credit. I highly recommend it.

• 1:29:00Speaker 03

  Okay.

• 1:29:00Caleb Hammer?

  Spend more of this in your checking account because that's what you do. Amazon Business Prime card.

• 1:29:05Speaker 02

  Yes.

• 1:29:05Caleb Hammer?

  What's going on here?

• 1:29:06Speaker 02

  Uh, any business purchases. I wanted to switch to a different one, but.

• 1:29:11Caleb Hammer?

  Okay.

• 1:29:12Speaker 02

  Those, uh, the reason it had a balance at the time was for.

• 1:29:15Caleb Hammer?

  Business prime for me.

• 1:29:17Speaker 02

  Oh, a business prime?

• 1:29:18Caleb Hammer?

  I don't. $273.87, $35.

• 1:29:22Speaker 02

  That's under you. You have a business.

• 1:29:24Speaker 03

  Oh, you want me to pull it up?

• 1:29:25Caleb Hammer?

  No, whoever has it. And yeah, I mean, well, audible, that's not business.

• 1:29:29Speaker 03

  No, that was an accident.

• 1:29:30Speaker 02

  That was an accident.

• 1:29:31Speaker 03

  It was because it's connected to the same Amazon account.

• 1:29:33Caleb Hammer?

  Arts and crafters. I'm going to make sense for the business, I guess. Square pad services, market, market. Actually, none of this is Amazon, so I don't even need to see that.

• 1:29:39Speaker 02

  Yeah, I was gonna say.

• 1:29:40Caleb Hammer?

  Nevermind. None of it's Amazon.

• 1:29:41Speaker 03

  Okay.

• 1:29:42Caleb Hammer?

  Markets for makers and Canva.

• 1:29:44Speaker 02

  Yeah, it's all, it's all just purchases for the business.

• 1:29:54Caleb Hammer?

  Oh, Mario, cheers to condo. This is good. I love a condo.

• 1:29:57Speaker 03

  Mm hmm.

• 1:29:58Caleb Hammer?

  Expensive payment. Oh, whoa, whoa, this is an expensive condo.

• 1:30:01Speaker 02

  Yeah.

• 1:30:01Caleb Hammer?

  This is as much as my condo that was like downtown Austin and you're in New Braunfels.

• 1:30:05Speaker 02

  No, that's in, that's in Alexandria, Virginia.

• 1:30:08Caleb Hammer?

  Oh.

• 1:30:09Speaker 02

  That's in DC.

• 1:30:09Caleb Hammer?

  Okay, what's the, what's the, where are you gonna sell it?

• 1:30:13Speaker 03

  We've been trying to sell it since May.

• 1:30:15Caleb Hammer?

  Oh, what's it listed for?

• 1:30:17Speaker 03

  Since May. Yeah.

• 1:30:18Caleb Hammer?

  What's it listed for currently?

• 1:30:19Speaker 03

  It's listed for 420.

• 1:30:23Caleb Hammer?

  And what was it listed for at start?

• 1:30:25Speaker 03

  It was originally listed for, it was originally valued at 450.

• 1:30:31Caleb Hammer?

  You've only cut it? By thirty K?

• 1:30:36Speaker 03

  Yeah.

• 1:30:36Caleb Hammer?

  Since May?

• 1:30:37Speaker 03

  Yeah.

• 1:30:38Speaker 02

  Well, now we're, we're trying to rent it and we're getting.

• 1:30:42Caleb Hammer?

  Yeah, I was gonna say, cause if you, you're not gonna sell it at four twenty with that, I mean, with obviously, clearly the market has shown, but not only that, but you'd break even at best. Because after all costs and whatnot with the three eighty five, eight four zero point six three you owe on it.

• 1:30:56Speaker 03

  Yeah.

• 1:30:57Caleb Hammer?

  Would break even.

• 1:30:58Speaker 02

  Yeah, we thought we were gonna be staying there a lot longer, um, but I needed help with the baby, so we came here.

• 1:31:04Caleb Hammer?

  Two thousand nine hundred twenty one dollars and sixty one cent a month. Yeah, it's chunky. Um, and how long have we been trying to rent?

• 1:31:11Speaker 03

  Uh, only like two months.

• 1:31:14Speaker 02

  Yeah.

• 1:31:14Speaker 03

  And we have one possible renter lined up.

• 1:31:17Caleb Hammer?

  Shit, man, what are you trying to rent it for?

• 1:31:19Speaker 03

  Twenty eight hundred.

• 1:31:23Speaker 03

  That seems to be what the market is doing right now.

• 1:31:25Caleb Hammer?

  And so we're gonna be definitely be losing money on this, cause you're gonna have repairs, you're gonna have maintenance, you're gonna have all this shit. And then not even that, it doesn't even cover the mortgage.

• 1:31:32Speaker 03

  Yeah. I really wanna get out of it, but.

• 1:31:35Caleb Hammer?

  Who's student loans?

• 1:31:36Speaker 02

  If it's advantage, it's mine.

• 1:31:38Caleb Hammer?

  Advantage, federal student loan, so these are on pause?

• 1:31:41Speaker 02

  Yes.

• 1:31:42Caleb Hammer?

  Well, that's good.

• 1:31:44Speaker 02

  So long as I'm in school and we did pay off a little bit.

• 1:31:47Caleb Hammer?

  Forever.

• 1:31:47Speaker 02

  Yeah, at this point.

• 1:31:49Caleb Hammer?

  Well, okay, twenty seven thousand five hundred and twelve dollars and thirty three cents for our degree. We can't finish.

• 1:31:59Caleb Hammer?

  Well, some of these do not have great interest rates when they do resume.

• 1:32:02Speaker 02

  No, that's why we started paying them off a little early.

• 1:32:05Caleb Hammer?

  Well, I wouldn't now, because I mean.

• 1:32:06Speaker 02

  No, not now.

• 1:32:07Caleb Hammer?

  But, um, okay. Well, I thought you had student loans. I don't see them.

• 1:32:11Speaker 03

  Oh, they should be there. We submitted them.

• 1:32:15Caleb Hammer?

  Uh, I just gotta.

• 1:32:16Speaker 03

  They might be Ed Financial.

• 1:32:18Caleb Hammer?

  I just gotta. Okay, well, either way, you're in school, so they're paused as well.

• 1:32:22Speaker 03

  Yeah.

• 1:32:23Caleb Hammer?

  But how much are they?

• 1:32:24Speaker 03

  Uh, I believe I have twenty thousand.

• 1:32:29Caleb Hammer?

  Okay. All right, checking account. Is this combined? This Navy Federal? What?

• 1:32:33Speaker 02

  That's combined.

• 1:32:34Speaker 03

  Yeah, combined everything.

• 1:32:37Caleb Hammer?

  And it was seven, down from 10. Seven's definitely a good balance to have. I mean, I don't know if I'd even keep that much in there. Personally, maybe like five. Nah, it depends. I mean, I know you guys are budgeting not. So that's why you should have a lot because it means you don't get up. But if you're actually budgeting properly, you wouldn't need that much in there. You could actually make some money growing a high yield like chime.

• 1:32:57Speaker 02

  I just, I'm really bad with like switching everything to digital. And.

• 1:33:03Caleb Hammer?

  What?

• 1:33:04Speaker 02

  Cause I was cash stuffing. No, because when I was cash stuffing, it was easier to keep track of everything.

• 1:33:08Caleb Hammer?

  Okay. San Antonio, San Antonio, UT San Antonio. Who's going to UT San Antonio?

• 1:33:13Speaker 02

  I am.

• 1:33:14Caleb Hammer?

  Yeah. So what was that? Almost 2,000 bucks right there? Two purchases?

• 1:33:18Speaker 02

  That would be paying for my classes.

• 1:33:19Caleb Hammer?

  Okay, and then you get reimbursed?

• 1:33:21Speaker 02

  Yes.

• 1:33:21Caleb Hammer?

  Okay. Okay.

• 1:33:27Caleb Hammer?

  I don't know how much is going on. Okay. Uh, where was savings? Is there savings? I know we have investment accounts here, but was there savings? Or was it just what was in the checking account?

• 1:33:35Speaker 02

  It was in the checking account.

• 1:33:36Caleb Hammer?

  Oh shit, that's dangerous.

• 1:33:37Speaker 02

  Uh, no, wait, did you not submit the rest of the savings accounts that we also have?

• 1:33:42Speaker 03

  I don't think we have.

• 1:33:43Speaker 02

  We have.

• 1:33:44Caleb Hammer?

  You mean the investment accounts?

• 1:33:45Speaker 02

  No, we have a savings account.

• 1:33:47Speaker 03

  Which one, maybe?

• 1:33:48Speaker 02

  The VA savings account.

• 1:33:50Speaker 03

  That's it. That's in the combined.

• 1:33:52Speaker 02

  Is it in the combined one?

• 1:33:53Speaker 03

  Yeah, that's in the combined.

• 1:33:53Speaker 02

  Okay, then yeah.

• 1:33:54Caleb Hammer?

  Oh shit, okay. Well, 69K in this Vanguard. Who's this? Roth IRA?

• 1:33:58Speaker 03

  Mine.

• 1:33:59Caleb Hammer?

  Okay, good. Uh, for age. For income? Actually, yeah, okay. I'm happy with that for one account. Let's see what the rest looks like. Is this Vanguard separate? Or is this just within inside of it?

• 1:34:10Speaker 03

  I have a separate brokerage.

• 1:34:12Caleb Hammer?

  So 17, okay, great. Then I am happy. You are on track for your age. That's good, but we have a household here, so. If she has zero, that's going to bring you from a 10 out of 10 to a 5 out of 10. But fidelity, what's that? 734?

• 1:34:27Speaker 03

  So.

• 1:34:27Caleb Hammer?

  Oh, that's 529. The kid, whoa, I thought.

• 1:34:29Speaker 03

  No, so that's, that was a 529 that I started before she was born.

• 1:34:34Caleb Hammer?

  Okay.

• 1:34:35Speaker 03

  And.

• 1:34:36Caleb Hammer?

  And whose is this? Cause I have a Roth IRA and a UT Savers.

• 1:34:39Speaker 03

  Uh, so both are mine.

• 1:34:41Caleb Hammer?

  Okay.

• 1:34:42Speaker 03

  UT Savers is a.

• 1:34:44Caleb Hammer?

  So you have an additional seven sitting there, just about. Acorns, 446?

• 1:34:49Caleb Hammer?

  You as well?

• 1:34:50Speaker 02

  Yeah.

• 1:34:51Caleb Hammer?

  Okay, what do you got? So you're at about like, what, 85?

• 1:34:54Speaker 03

  Uh, with the...

• 1:34:56Caleb Hammer?

  Mentally? Okay, and then so far, who's thrift?

• 1:34:58Speaker 03

  That's me.

• 1:34:59Caleb Hammer?

  Okay, about 50, so we're actually...

• 1:35:02Speaker 00

  This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. It boosts your job post to help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now? Then this is a job for Indeed sponsored jobs.

• 1:35:31Caleb Hammer?

  You're more than on track. And who's 13 on Edwards Jones?

• 1:35:35Speaker 03

  Edward Jones.

• 1:35:36Caleb Hammer?

  Good, and your parents are taught you these skills. Why the don't you have anything? Why aren't you contributing? You've worked, you've made money.

• 1:35:40Speaker 02

  Um, because I've put my money into his stuff.

• 1:35:45Speaker 03

  Even?

• 1:35:46Caleb Hammer?

  Are you prenup?

• 1:35:47Speaker 03

  No, we're not prenup.

• 1:35:48Caleb Hammer?

  Okay, okay. Okay. Well, he doesn't think he put money into his budget.

• 1:35:53Speaker 02

  I did.

• 1:35:54Speaker 03

  Are we talking about like?

• 1:35:56Speaker 02

  We put money into your Roth IRA from my dancer money.

• 1:36:00Caleb Hammer?

  Into his Roth IRA? Should you? That's...

• 1:36:01Speaker 02

  Yeah.

• 1:36:02Caleb Hammer?

  I don't know if that's kosher.

• 1:36:04Speaker 03

  No, if we're married, I think that that's...

• 1:36:06Caleb Hammer?

  Is it?

• 1:36:06Speaker 03

  Yeah. And I was making money at the time too.

• 1:36:09Speaker 02

  Yeah, he was making money.

• 1:36:10Speaker 03

  So like, it's about like earned income.

• 1:36:11Caleb Hammer?

  Okay.

• 1:36:12Speaker 02

  It was because we were trying to combine everything.

• 1:36:14Caleb Hammer?

  For the household, well, since the house, actually from all technical math, household is 10 out of 10 because you actually bring in nothing. If you brought in money, it would actually bring the household financial score. But since you meet over one times income currently.

• 1:36:27Speaker 03

  Yeah.

• 1:36:28Caleb Hammer?

  You're actually, well, that's what's going to carry your score. But let's, let's get this budget figured out. Because I want to get you guys to, one, you being able to be that woman hero icon you want to be, that they/them icon. I want you to get there. So all debt, including the mortgage, $2,961. And I can't include the renter yet. I can't until we have that in there.

• 1:36:50Speaker 03

  Yeah.

• 1:36:50Speaker 02

  No.

• 1:36:50Caleb Hammer?

  Okay, so all debt included is going to be $2,999.61 on a monthly basis. Okay. Now, you're still paying for utilities and whatnot.

• 1:37:01Speaker 03

  Yeah.

• 1:37:01Caleb Hammer?

  It's gonna be cheap.

• 1:37:02Speaker 03

  Utilities are really cheap right now.

• 1:37:03Speaker 02

  It's like 20 bucks.

• 1:37:04Caleb Hammer?

  Okay, good.

• 1:37:05Speaker 02

  Um, that's about...

• 1:37:08Speaker 02

  Eighty-five dollars a month?

• 1:37:10Caleb Hammer?

  Okay, for two, that's not bad. Car insurances?

• 1:37:13Speaker 02

  That's new, so that's.

• 1:37:14Speaker 03

  Yeah, that's new. That was one thirty.

• 1:37:16Caleb Hammer?

  For both?

• 1:37:17Speaker 03

  No, for me, they're still under their.

• 1:37:19Speaker 02

  I'm still under my mom.

• 1:37:20Speaker 03

  Yeah, their mom.

• 1:37:21Caleb Hammer?

  Car, gas, from, from, drive, drive, how much?

• 1:37:24Speaker 02

  Gas is about.

• 1:37:24Speaker 03

  It's a lot because I have to.

• 1:37:26Caleb Hammer?

  How much?

• 1:37:26Speaker 03

  Commute.

• 1:37:27Speaker 02

  It's about a hundred and thirty-five dollars a month.

• 1:37:31Caleb Hammer?

  That's a lot?

• 1:37:32Speaker 03

  No, baby, it's more than that because I.

• 1:37:34Caleb Hammer?

  How much is the gas, guys, please?

• 1:37:35Speaker 03

  So I have to get gas every, like, I would say, like, every three days.

• 1:37:40Caleb Hammer?

  What's the number? A month?

• 1:37:43Speaker 03

  Let's say, like, two hundred dollars a month.

• 1:37:44Caleb Hammer?

  That's okay.

• 1:37:45Speaker 02

  That's not.

• 1:37:47Caleb Hammer?

  Okay, well, that's, okay. So is, is the, is the baby from the booby?

• 1:37:51Speaker 02

  No.

• 1:37:52Caleb Hammer?

  Baby's on the formula?

• 1:37:53Speaker 02

  She was on formula, but she's not on formula anymore.

• 1:37:55Caleb Hammer?

  Well, what does she eat? Baby food?

• 1:37:57Speaker 02

  Uh, yeah, she eats regular food.

• 1:37:59Speaker 03

  Like, human food.

• 1:38:00Caleb Hammer?

  Hmm.

• 1:38:06Caleb Hammer?

  Okay, I think we should be able to budget seven hundred and fifty dollars for food for the household.

• 1:38:10Speaker 03

  So the only catch.

• 1:38:12Caleb Hammer?

  Based on H E B O, what's the catch?

• 1:38:14Speaker 03

  We have to pay for.

• 1:38:16Speaker 02

  The whole household.

• 1:38:17Speaker 07

  It's an entirely different kind of flying altogether. It's an entirely different kind of flying.

• 1:38:22Speaker 03

  We, we make food for everybody.

• 1:38:24Caleb Hammer?

  Who else is in the house?

• 1:38:25Speaker 02

  My mom and my little sibling.

• 1:38:27Caleb Hammer?

  Are they okay with your meal prepping on the cheap? Well, you're gonna have to communicate with them because you guys are trying to get yourself to a better financial position so you can move out.

• 1:38:35Speaker 02

  Yeah.

• 1:38:36Caleb Hammer?

  We should be able to budget for about a thousand.

• 1:38:39Speaker 03

  Okay.

• 1:38:40Caleb Hammer?

  One hundred.

• 1:38:40Speaker 02

  Okay.

• 1:38:41Caleb Hammer?

  We have a meal plan. We will give you that. I don't have it right here, but it's right there. We'll give you that, and we'll also give you the cookbook.

• 1:38:46Speaker 02

  Okay.

• 1:38:47Caleb Hammer?

  Based on H E B prices.

• 1:38:48Speaker 02

  Oh, bet.

• 1:38:49Speaker 03

  Cool.

• 1:38:49Caleb Hammer?

  Yeah. Okay, T P fund. Anything else for you, the kids, all that good stuff, about two hundred bucks a month? Medical health care. I know you're broken. What is our copays on a monthly basis?

• 1:38:58Speaker 02

  Um, so copays are about thirty dollars for each, uh, doctor's visit.

• 1:39:04Speaker 02

  Um.

• 1:39:05Speaker 03

  You've had a lot of appointments.

• 1:39:07Speaker 02

  I have them.

• 1:39:07Speaker 03

  Let's say once a week, so.

• 1:39:08Speaker 02

  Yeah, once a week, so.

• 1:39:10Speaker 03

  Let's just say like 160 to be safe.

• 1:39:12Speaker 02

  160.

• 1:39:13Caleb Hammer?

  Good. Is there a gym?

• 1:39:15Speaker 03

  Uh, not right now.

• 1:39:16Caleb Hammer?

  Subscriptions, let's try 40. Are there pets?

• 1:39:19Speaker 03

  Yes.

• 1:39:19Speaker 02

  We have three cats.

• 1:39:20Caleb Hammer?

  Oh, what's wrong with you? $150 for pet insurance because you couldn't afford it.

• 1:39:23Speaker 02

  It's actually $65 with pet insurance.

• 1:39:25Caleb Hammer?

  Well, those are probably, those probably really bad pet insurance.

• 1:39:28Speaker 02

  It was the ASPCA pet insurance.

• 1:39:30Caleb Hammer?

  I don't know what that's covers. I would reassess.

• 1:39:33Speaker 02

  It was.

• 1:39:34Caleb Hammer?

  I'll say, I'll put a 65 for now, but I would reassess because a lot of people with cheap, that's actually quite cheap for three cats.

• 1:39:40Speaker 02

  Yeah.

• 1:39:40Caleb Hammer?

  And with that, that might not cover a big expense, which is the whole point.

• 1:39:43Speaker 02

  It was, it's extra than.

• 1:39:45Caleb Hammer?

  Just take a look is all I'm saying. Take a look.

• 1:39:47Speaker 02

  Okay.

• 1:39:48Caleb Hammer?

  I'll put up for 65 for now. How much for cat food?

• 1:39:50Speaker 02

  Um, I believe their cat food is about 120 a month.

• 1:39:55Caleb Hammer?

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

• 1:39:58Speaker 02

  Um.

• 1:40:02Speaker 03

  Uh, I mean, are we still going to be contributing to the 529 plan?

• 1:40:06Caleb Hammer?

  Um, let's take a look.

• 1:40:11Caleb Hammer?

  Okay, we probably can. 5,999.61 on a monthly basis. Obviously that math changes a little in your favor when you get the renter, but we have to get the renter first.

• 1:40:24Speaker 02

  Yeah.

• 1:40:24Caleb Hammer?

  Income right now, 240 from you.

• 1:40:30Caleb Hammer?

  The household is 8,110. Now, it will go down, but that's in a couple of years. I'm not freaking out about, freaking out about it yet.

• 1:40:37Speaker 02

  VA money from, uh, from my stuff, it's about 1,500 a month.

• 1:40:41Caleb Hammer?

  Yeah, isn't that just paying for school though?

• 1:40:43Speaker 02

  Uh, it gives a little bit extra.

• 1:40:45Caleb Hammer?

  How much extra?

• 1:40:46Speaker 02

  300.

• 1:40:47Caleb Hammer?

  Okay, plus 300. So you have an extra $3,310.39. I mean, I would manage your credit cards. Obviously you pay those off immediately. That's not hard. Um. You guys are already making progress towards that.

• 1:40:59Speaker 02

  The plan that you wanted to do for paying off the credit card.

• 1:41:02Speaker 03

  Oh, I was just planning to throw everything.

• 1:41:04Caleb Hammer?

  Yeah, we'll just throw, we'll just throw. You paid off in a couple of months. That's not a big deal.

• 1:41:07Speaker 02

  Yeah.

• 1:41:07Caleb Hammer?

  My big thing right now then, after that, kind of like you don't have a renter, we get rid of the rest of the debt payments, your living expenses still like 5,000, I'll call it 5,000. I, I want her to be able to go into this business full time. What I would essentially do, I'd save up nine months minimum, save up $40,000 of which with the,

• 1:41:26Caleb Hammer?

  how much was left on a monthly basis?

• 1:41:28Speaker 03

  Didn't you just say 33?

• 1:41:29Speaker 02

  It was the 3,000.

• 1:41:30Caleb Hammer?

  Okay, good, good.

• 1:41:34Caleb Hammer?

  Which I mean, you save up in just a little over a year and then you can go full force. That's nine months emergency fund. That's incredible. I think in just over a year, you guys have a nine month emergency fund. Your debt's gone, except for the mortgage and student loans. Student loans, we can minimum to pay until they're paid off. Once those are even started mortgage, hopefully we can sell that at some point when the real estate market recovers. Yeah.

• 1:41:56Caleb Hammer?

  You guys can easily go out on your own, have your own place.

• 1:42:02Caleb Hammer?

  And it'll be fine. You guys will be fine. You can focus on your business and it's totally chill.

• 1:42:07Caleb Hammer?

  Actually, this is not that hard. It's a stupid position to be in because it's not very hard.

• 1:42:12Speaker 02

  Yeah.

• 1:42:13Caleb Hammer?

  Okay. Well, I know the post show is going to be interesting. One, I'm going to go through their texts and see how this dynamic, that dynamic that I was tracking from the beginning concerns me. So I'm going to go through that and we're going to figure some things out. And they want to put their daughter in private school. We'll talk about this. Moronic. Oh my goodness. Okay. Oh, they're planning to move to Austin. Okay. There's so much shit. We're going to go into the post show. It's going to be fun, but let's get the hammer financial score first. Spending in a budget, you overspend zero out of 10 debt, no collections.

• 1:42:42Caleb Hammer?

  That's not that bad. That's for your guys' income situation. I'm going to give it a four out of 10. Emergency fund, nothing in an emergency fund. You had some money set aside. I'll give you a one out of 10. Cause there's some money in the checking account, but we got to move some straight there. Retirement due to the income situation is a 10 out of 10. Real estate, it's worth about what you've paid for. Well, you don't even know. Rent's even be less than break even. The interest rate isn't that great. Not the best real estate, six out of 10, but at least you're in the market. That's kind of what matters there.

• 1:43:13Caleb Hammer?

  Hammer financial score rounded up 4.5 out of 10. Join us in the post show, guys. Yeah. Cause your finances weren't that bad. Like it's like, it's like, okay. Join us in the post show. It's going to be a good one. See you there. Join Hammer League. Wait. Why do you have Bumble premium until July of last year? Wait, what the [__]? Why are there Hinge notifications happening right here? There's Hinge on her phone! She's [__] messaging dudes every second of her life! Oh my goodness! There's men liking you every five... You're just chatting to men and she's fully [__] you! She's fully [__] you behind your back, this is insane! Next week is the final week! Don't forget to download the new Dollar Wise Budgeting app.

• 1:43:58Caleb Hammer?

  This is officially now the best budgeting app on the market, and I'm giving you a special deal to download, but only through March 31st. Take a free three-day trial to test it out, and then you get the monthly plan at a 33% discount for the first three months, or the annual plan at an insane 50% discount. And with the annual, you get my budget-friendly cookbook and my brand-new 30-day detailed budget meal plan, signed by me and mailed directly to you. After March 31st, the cookbook is going away forever, so this is literally your last chance. Don't miss the opportunity of a lifetime. Download Dollar Wise to start your free trial. Go to dollarwise.com or click the link below.

• 1:44:28Speaker 06

  Now, more than ever, we need someone on our side. But Rob Whitman? Whitman's votes drove up costs, cut Medicaid, and risked 350,000 Virginians' healthcare to pay for tax breaks for himself and his donors. He's not on our side. Shannon Taylor will fight corruption, cut taxes, and bring down costs. This November, vote for Shannon Taylor. She's for us. Paid for by HMP, the House Majority PAC dot com. Not authorized by any candidate or candidate's committee.