I F*cking Hate Her | Financial Audit

*JOIN FOR FREE* - I am personally paying for your Hammer *ELITE* subscription for the first month ➡️ https://bit.ly/chpostshow Sign up for *ELITE* and I'll send you a digital gift card covering the $10 cost. Today's post show is crazyyyyyyy- she could not tell us this on the main episode, but she is buying some *stuff* you could not belive on her COORPERATE credit card- she is in *BIG TROUBLE* if they find out... 💸 Download Dollarwise today: https://bit.ly/dollarwiseapp 🔥 GamerSupps: tasty, cheap ($0.40/serving)! Save 10% with code CALEB: https://gamersupps.gg/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 ============================= *Sponsors for This Video* ============================= Use Yrefy to refinance your private student loans today at: https://yrefy.com/hammer or call (888) Yrefy-78 ============================= 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 ============================= ============================= *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

  Purchase new carpet from The Home Depot and get it installed for free right now. Shop the stylish choices and simple pricing of carpet from Home Decorator's Collection, Traffic Master, or life-proof with pet-proof technology, and see for yourself why nobody beats our prices. Enjoy new carpet with free installation right now at The Home Depot. Offer valid October 15th through November 1st, 2026. Exclusions apply. For licenses, see homedepot.com/license numbers.

• 0:30Speaker 01

  Welcome to the 50th Hunger Games.

• 0:32Speaker 02

  Witness the beginning of the revolution.

• 0:34Speaker 03

  Hey Mitch, you've been trying to take down these games from Star.

• 0:37Speaker 02

  Filmed for IMAX.

• 0:38Speaker 03

  Make them remember you.

• 0:41Speaker 02

  The Hunger Games: Sunrise on the Leaping, November 20th, rated PG-13.

• 0:45Caleb Hammer?

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

• 0:48Speaker 05

  It's easier to say that we're [bleep] from looking out and on the outside than from actually living inside of it. Why, no, the debt!

• 0:55Caleb Hammer?

  You were off by 10,000.

• 0:56Speaker 05

  Meh, 10,000 in a grand scheme of all of it.

• 1:00Caleb Hammer?

  Substantial amount of money. You're right, you're in an insane amount of debt.

• 1:02Speaker 05

  I'm totally on board with budgeting. I know we have enough money.

• 1:06Caleb Hammer?

  Which is why we're spending more than we made.

• 1:08Speaker 05

  Gotta pay my $1,500 mortgage, and I only have 50 bucks left. How am I supposed to spend money on groceries?

• 1:16Caleb Hammer?

  Are you [bleep]?

• 1:17Speaker 05

  I am not [bleep].

• 1:20Caleb Hammer?

  Hammer Elite is the best YouTube membership on the platform, and I just upgraded it. Get access to exclusive shows every single day, Monday through Saturday. And for the rest of the month, I am paying for you to sign up. Sign up for Hammer Elite in the description or pinned comment below and submit proof of purchase at hammerelite.com. After that, I'll send you a $10 digital gift card that can be spent basically anywhere and in most countries. This is the best membership you'll ever join. That's a promise.

• 1:48Speaker 05

  I'm Liz. I'm 38 years old. I'm from Pittsburgh, Pennsylvania, and this is Financial Audit.

• 1:55Caleb Hammer?

  Well, thanks for coming down to Austin from Pittsburgh. I appreciate it. What do you do up there for a living?

• 2:00Speaker 05

  I work on a marketing team for a bank, so I'm our corporate merchandising officer.

• 2:05Caleb Hammer?

  Working at a bank, but in marketing, that's usually not what people do at a bank.

• 2:10Speaker 05

  Right.

• 2:11Caleb Hammer?

  You know?

• 2:11Speaker 05

  Right.

• 2:11Caleb Hammer?

  When they come on the show. So what do you make? Marketing can make, you know, pretty, pretty solid money legitimately.

• 2:18Speaker 05

  So right now I'm at about, about 65,000 a year.

• 2:22Caleb Hammer?

  How's that doing in Pittsburgh?

• 2:24Speaker 05

  Um, it's all right. I feel like I could always be making more money.

• 2:27Caleb Hammer?

  Everyone can always be making more money, but how's it doing in Pittsburgh? How's that 65 running?

• 2:33Speaker 05

  I'm married, so I have a husband.

• 2:34Caleb Hammer?

  Well done. Is his, are his finances incorporated into these docs?

• 2:38Speaker 05

  Everything is.

• 2:38Caleb Hammer?

  Is he a pussy? Or is he?

• 2:40Speaker 05

  No, I don't think he could take the heat.

• 2:42Caleb Hammer?

  So he's a pussy? I was correct in my assessment.

• 2:46Speaker 05

  He, I think it would be receptive to a conversation, but I don't think it could handle the, this type of conversation.

• 2:53Caleb Hammer?

  Well, that's okay. So his finances are included in this?

• 2:56Speaker 05

  Correct.

• 2:56Caleb Hammer?

  Okay, so what's his job?

• 2:58Speaker 05

  He works as a local delivery driver and warehouse person for a marble countertop.

• 3:07Caleb Hammer?

  Gotcha.

• 3:08Speaker 05

  He just started that job, so he's just started. He's making $22 an hour, about 40, probably 40 plus hours a week. We just got his first regular paycheck.

• 3:20Caleb Hammer?

  And what hit?

• 3:21Speaker 05

  It was 1750.

• 3:23Caleb Hammer?

  And is that every other week?

• 3:24Speaker 05

  It's semi-monthly.

• 3:26Caleb Hammer?

  Good.

• 3:27Speaker 05

  I'm guessing it'll probably be a little bit less than that typically. So 15 is probably safe.

• 3:33Caleb Hammer?

  Okay, so 3,000 from him, what hits your account from you?

• 3:35Speaker 05

  So historically, we've been semi-monthly and I've been at about 3,500 a month. But after the beginning of the year, we're going to buy weekly, so my paychecks are going to be less.

• 3:47Caleb Hammer?

  Yeah, but it'll be honestly pretty dang similar. Let's call it 6,250.

• 3:51Speaker 05

  Yeah.

• 3:52Caleb Hammer?

  Okay, as far as the household income, not bad. Midwest Rust Belt, definitely not one of the more expensive areas, that's for sure. Declining area, Pittsburgh, not a bad city though. So cheap, so 6,200 should be doing pretty well.

• 4:07Speaker 05

  Yeah.

• 4:07Caleb Hammer?

  And Pittsburgh, you and the hubby?

• 4:09Speaker 05

  Yeah.

• 4:11Caleb Hammer?

  Are you? I would suggest no if you're on this show.

• 4:14Speaker 05

  No, I mean, I feel like we've been treading water for a while.

• 4:18Caleb Hammer?

  Why? What's treading water to you?

• 4:20Speaker 05

  I never really thought our debt was too bad. I felt like we were kind of making progress in a good way.

• 4:26Caleb Hammer?

  What does that mean?

• 4:27Speaker 05

  I have this plan.

• 4:29Caleb Hammer?

  Plan?

• 4:29Speaker 05

  Yeah, I'm a big planner.

• 4:31Caleb Hammer?

  Ooh, tell me the plan. The Liz plan, the plan of Liz.

• 4:35Speaker 05

  It's kind of a

• 4:36Caleb Hammer?

  Liz and pussy husband.

• 4:37Speaker 05

  A very multi-step plan.

• 4:40Caleb Hammer?

  Okay.

• 4:41Speaker 05

  But

• 4:42Caleb Hammer?

  Most are.

• 4:44Speaker 05

  Will, will, uh, potentially go downhill if anything bad happens. So it only works if

• 4:51Caleb Hammer?

  Why do we set that plan up then? Cause that's not a realistic plan. Bad things happen all the time. What are we talking about?

• 4:56Speaker 05

  That's very clear.

• 4:57Caleb Hammer?

  So what, but why would you make that? No, that doesn't make any sense. Why would you make that plan? That's not a plan.

• 5:01Speaker 05

  Well, you have to have something if you're taking

• 5:04Caleb Hammer?

  Yeah, but you're the one who constructed the plan. You're the one who made the plan.

• 5:06Speaker 05

  Yes.

• 5:07Caleb Hammer?

  So why would you set up a plan that can't have any flaws happen along the way?

• 5:11Speaker 05

  Well, it's better than not having a plan at all.

• 5:13Caleb Hammer?

  Sure, but it sounds like it's almost basically like that in the end.

• 5:17Speaker 05

  Well.

• 5:18Caleb Hammer?

  Cause it's an unsustainable plan. Cause there is no life, no life that anyone lives, even the best lives among us, where something unpredictable does not pop up along the way. This is not possible. This is not a thing. Could be five years, could be five minutes. I don't know.

• 5:31Speaker 05

  I get that, but you gotta, you gotta do what you gotta do in the moment.

• 5:35Caleb Hammer?

  Sure. So what's your grand plan? What's this grand plan?

• 5:37Speaker 05

  Well,

• 5:37Caleb Hammer?

  Plan?

• 5:38Speaker 05

  I mean, you kind of have to look at everything first.

• 5:40Caleb Hammer?

  Oh, my gosh. Or you could just tell me the plan. I'm sorry, but I want to know.

• 5:45Speaker 05

  It doesn't

• 5:45Caleb Hammer?

  I want to know where your brain is at as I'm going into this.

• 5:48Speaker 05

  It does involve, uh,

• 5:52Speaker 05

  several consolidations over the next

• 5:56Speaker 05

  two to three years.

• 5:57Caleb Hammer?

  Which can potentially be okay. It's just like any other tool.

• 6:00Speaker 05

  Right.

• 6:01Caleb Hammer?

  Even cash advance to a certain point, you know, can be okay if you're using it in the right way. If you're not changing your behavior, consolidation will fuck you, just like, uh, everyone that's ever been on this show.

• 6:13Caleb Hammer?

  So I wouldn't necessarily suggest that makes the most sense if you're the one on the show, meaning your behavior is likely out of control.

• 6:18Speaker 05

  I would say that.

• 6:22Caleb Hammer?

  What are you gonna use this bank that you work at or something? Is that like the grand school?

• 6:25Speaker 05

  Yes.

• 6:26Caleb Hammer?

  Actually.

• 6:27Speaker 05

  So I, well, I actually worked before I was in marketing. I've been with the bank for over 12 years. I was in a branch for six and a half years. So I am very familiar with the different options that are available and I'm seeing people.

• 6:42Caleb Hammer?

  So. Well, you are so, okay, Mrs. Bank Teller.

• 6:48Speaker 05

  I wasn't just a teller. I was on the platforms. I was opening accounts, doing loans, all that good stuff.

• 6:53Caleb Hammer?

  Wow, wow.

• 6:54Speaker 05

  Yes.

• 6:55Caleb Hammer?

  For yourself?

• 6:56Speaker 05

  Not specifically, but.

• 6:59Caleb Hammer?

  If you're the banker queen, if you, if you were helping other people with their loans, navigate the system, same people that were getting, why are you?

• 7:08Speaker 05

  Well, I think it's, it's easier to say that we're from looking out and on the outside than it is from actually living inside of it. Yeah, well.

• 7:18Caleb Hammer?

  What else is there to go off of? Oh, you don't feel known the numbers say you are, so you're not what?

• 7:22Speaker 05

  No, I mean.

• 7:23Caleb Hammer?

  Make that, make that make sense to me.

• 7:24Speaker 05

  When you look at it as an outsider, as a whole picture.

• 7:27Caleb Hammer?

  How much debt do you have, banking lady?

• 7:29Speaker 05

  Uh, besides our mortgage?

• 7:31Caleb Hammer?

  You know, that's actually a debt. I don't know if you believe that or not.

• 7:34Speaker 05

  Yeah, um, probably about three 60?

• 7:41Caleb Hammer?

  Just about 350. Okay, very good. How much did you spend last month, banking lady?

• 7:45Speaker 05

  Well, uh, income was probably.

• 7:49Caleb Hammer?

  No, that doesn't matter. How much did you spend last month, banking lady?

• 7:51Speaker 05

  Between 75 and 8,000.

• 7:53Caleb Hammer?

  Okay, 15,970 dollars, 33 cents. So you're not, can you tell me how you're not?

• 7:57Speaker 05

  Now, does that include interest?

• 7:59Caleb Hammer?

  It potentially includes interest.

• 8:01Speaker 05

  Okay.

• 8:02Caleb Hammer?

  It is everything that is going against you, essentially.

• 8:05Speaker 05

  Well, here's the question I've always had when you tell people that about credit cards. So as someone who, obviously, we're not in this place now, but as someone who was consistently using a credit card and paying it off every month.

• 8:19Caleb Hammer?

  Were.

• 8:20Speaker 05

  Were, yes, but now by choice not doing that.

• 8:24Caleb Hammer?

  Wh- why?

• 8:27Speaker 05

  To get away from it. So that's partly what the plan-

• 8:30Caleb Hammer?

  Not paying on your debt is to get away from- oh, so you're gonna let-

• 8:34Speaker 05

  No, use- trying to use the debit card instead of making a payment on the credit card just to use the credit card again.

• 8:41Caleb Hammer?

  Sure, but you should still make payments.

• 8:42Speaker 05

  Yes. Oh, definitely making minimum payments now.

• 8:45Caleb Hammer?

  You're making it sound like you're- okay, okay. What's your- what's your question then?

• 8:47Speaker 05

  So, so we were at a place where we were spending on the credit card and then paying it off every month.

• 8:52Caleb Hammer?

  I got that one. Yes, I got that part.

• 8:54Speaker 05

  So, if I'm looking at purchases, let's say it's $1,500 of purchases that I made that month.

• 8:59Caleb Hammer?

  Why the [bleep] are you doing that?

• 9:01Speaker 05

  Well, just as the example for now.

• 9:04Caleb Hammer?

  Should it be? You're broke, you're dying, in debt, at forty.

• 9:10Speaker 05

  But if I'm paying it off, not quite forty yet. Give me a couple more years, then I'll be forty.

• 9:14Caleb Hammer?

  One, you're basically forty-two. You're not paying off your debt.

• 9:17Speaker 05

  So, anyway.

• 9:18Caleb Hammer?

  Okay, so I don't understand why this example exists then. This is not based in reality.

• 9:22Speaker 05

  Well, I'm just, as far as calculating the amount spent in a month. So I spent $1,500 on the credit card, but then I made a $1,500 payment. Does that count as $300, $3,000 worth of spending?

• 9:35Caleb Hammer?

  No.

• 9:36Speaker 05

  That was my question.

• 9:37Caleb Hammer?

  So, it clearly indicates you're even more [bleep] than you think.

• 9:40Speaker 05

  Well, yes.

• 9:44Caleb Hammer?

  No, it's net.

• 9:45Speaker 05

  Okay.

• 9:45Caleb Hammer?

  It's net.

• 9:46Speaker 05

  Now, I was- I was always wondering that.

• 9:47Caleb Hammer?

  It's net in versus net out. It always is.

• 9:50Speaker 05

  I'm definitely interested.

• 9:51Caleb Hammer?

  That's how the spending is.

• 9:52Speaker 05

  Okay.

• 9:52Caleb Hammer?

  And your net out is $15,970.33 of death of insanity of [bleep] you, of chaos. What does the husband, who's too much of a [bleep], think about all this? Does he even know anything about this?

• 10:03Speaker 05

  He does.

• 10:04Caleb Hammer?

  And his thoughts?

• 10:05Speaker 05

  Um, so I handle all the finances.

• 10:08Caleb Hammer?

  Okay, so little cuck husband. He's cuck in more ways than other. He's sitting in his cuck chair right now at home. Well, his wife is here, speaking on the finances for the house. Although I know he's a cuck.

• 10:21Speaker 05

  He just started a new job, so he can't take time off. But anyway.

• 10:26Caleb Hammer?

  Oh, you could have said that at the beginning.

• 10:28Speaker 05

  Well, I'm saying it now.

• 10:29Caleb Hammer?

  Yeah, but he started with because he's a pussy.

• 10:31Speaker 05

  Well, anyway, so, uh, where was I going with this?

• 10:36Caleb Hammer?

  I don't know.

• 10:36Speaker 05

  Oh, we were talking about him and what he knows. He knows about it. I handle all the finances.

• 10:41Caleb Hammer?

  Knows about it. What does he know?

• 10:43Speaker 05

  How much debt we're in and where the debt is.

• 10:45Caleb Hammer?

  Even off on your debt, so.

• 10:47Speaker 05

  Well, I know the debt. I know all the debt.

• 10:50Caleb Hammer?

  By 10,000.

• 10:51Speaker 05

  Nah.

• 10:54Speaker 05

  10,000 in the grand scheme of all of it.

• 10:57Caleb Hammer?

  Amount of money. You're right. You're in an insane amount of debt.

• 10:59Speaker 05

  But I have a plan.

• 11:01Caleb Hammer?

  Well, of which we have not been able to hear. I mean, I heard some consolidations might be happening.

• 11:05Speaker 05

  Yes.

• 11:07Caleb Hammer?

  Like, that can be good or bad depending on, I mean, your spending is obviously outrageous, so it would be bad.

• 11:13Speaker 05

  I think.

• 11:14Caleb Hammer?

  If you do a consolidation right now, it would be bad.

• 11:16Speaker 05

  Well, yeah, that's why it's not planned until.

• 11:19Caleb Hammer?

  Again, what is your plan, lady?

• 11:22Speaker 05

  Like I said, there's two rounds of consolidations that are gonna happen within the next year.

• 11:28Caleb Hammer?

  Around today.

• 11:29Speaker 05

  That it wouldn't make sense.

• 11:30Caleb Hammer?

  Okay, so what's your plan then? Timeline, details, please. Anything. I can't have an educated conversation if I don't know what we're talking about.

• 11:40Speaker 05

  So there's a chunk of the debt that will consolidate in July of 2026. No, we'll be refinancing.

• 11:51Caleb Hammer?

  Why are you doing that in July?

• 11:54Speaker 05

  Cause there's some things that are coming.

• 11:56Caleb Hammer?

  What?

• 11:57Speaker 05

  Do at that time.

• 11:58Caleb Hammer?

  Again.

• 11:58Speaker 05

  Are we gonna go through it or do you wanna talk about it now?

• 12:01Caleb Hammer?

  I'm just trying to get a general timeline and the reasons why.

• 12:05Speaker 05

  There's a couple credit cards, uh, one or two, uh, one.

• 12:10Caleb Hammer?

  What the? He broke two ribs this morning?

• 12:12Speaker 05

  Yeah. I love my husband very much. He's my best friend.

• 12:16Caleb Hammer?

  But he's.

• 12:17Speaker 05

  He's not. He is accident prone.

• 12:27Speaker 05

  He cooked for a living for a long time.

• 12:29Caleb Hammer?

  So that means he falls and breaks two ribs?

• 12:31Speaker 05

  He's gotten hurt at work.

• 12:33Caleb Hammer?

  How old is this man?

• 12:33Speaker 05

  Forty-six.

• 12:36Speaker 05

  Eight years.

• 12:38Caleb Hammer?

  Well, that's fine. I'm not talking about the age gap. You're thirty-eight. I think that's okay.

• 12:42Speaker 05

  Yeah.

• 12:43Caleb Hammer?

  I don't think Twitter's gonna cancel him for that. No, they probably will.

• 12:46Speaker 05

  That's okay. I'm not on Twitter.

• 12:49Speaker 05

  I'm barely on anything.

• 12:51Caleb Hammer?

  If he's doing all this manual labor, how is he gonna be able to do this with two broken ribs? How are you guys gonna be able to afford bills in any way whatsoever? You said your plan relied on nothing crazy happening. You literally just broke ribs this morning.

• 13:03Speaker 05

  Correct.

• 13:04Caleb Hammer?

  So what the are you talking about? That's not a plan. That's you setting yourself up for failure.

• 13:09Speaker 05

  That's why part of the plan.

• 13:12Caleb Hammer?

  Oh, plan.

• 13:13Speaker 05

  And one of my goals.

• 13:14Caleb Hammer?

  Unknown plan. This is a plan that we've seen five percent of.

• 13:18Speaker 05

  To save up at least a $5,000 emergency fund by the end of 2026.

• 13:23Caleb Hammer?

  End of next year. He just broke his ribs today, you. You think nothing's happening by the end of next year in thirteen months? In thirteen months, he's breaking ribs. Things always happen. You call him accidentally prone.

• 13:37Speaker 05

  I did not call him.

• 13:38Caleb Hammer?

  I said that in real. I will have AI say it for you. You said it.

• 13:43Speaker 05

  Accidentally prone, yes.

• 13:45Caleb Hammer?

  Words happen. Who knows what anyone says? Who knows what anyone says time from time?

• 13:50Speaker 05

  Rewind it. We'd see that I didn't say it. You did.

• 13:53Caleb Hammer?

  Editor, have AI have her say it. Clearly, he's just showing that things happen and he can, I guess I'm being told that they can just let him go in ninety days in his state for any reason whatsoever.

• 14:06Caleb Hammer?

  Whatsoever.

• 14:06Speaker 05

  I am a little bit concerned.

• 14:08Caleb Hammer?

  So you have concern and you're not gonna, we're not gonna do any kind of sacrifices in order to get any kind of emergency fund until next, end of next year?

• 14:16Speaker 05

  Well, that's what I'm trying to figure out exactly what the sacrifices are that we need to make.

• 14:20Caleb Hammer?

  Okay, don't go out to eat. You spent hundreds of dollars going out to eat.

• 14:24Speaker 05

  I'd be interested. I'm interested to see those numbers.

• 14:27Caleb Hammer?

  Okay, those numbers. Here they are.

• 14:38Speaker 02

  Hear the noise. They just know when to stop listening to it. Find and research opportunities to fit your strategy with Thinkorswim trading platforms from Schwab. Discover features like robust charting, nearly unlimited customization, and built-in risk management technology. Plus, get 24/7 support from real trading specialists. That's Schwab Trading. Learn more at schwab.com/trading.

• 15:00Caleb Hammer?

  Being these bullshit alone, other things you don't need, it could be video games, it could be hot comic books. I don't know what the it is right now. It is $1,612.26.

• 15:09Speaker 05

  Well, I know a lot.

• 15:10Caleb Hammer?

  Minimum on bullshit was $2,150, minimum, minimum, minimum, minimum, minimum. You want to know how to sacrifice? I mean, right there. Listen, that gets you, that gets you to that 5,000 hour emergency fund in approximately two months.

• 15:26Caleb Hammer?

  Just by cutting back on that. So you say he knows, but does he not want to participate?

• 15:30Speaker 05

  So.

• 15:31Caleb Hammer?

  You run the finances, yet you shouldn't he be involved then? Shouldn't there be a?

• 15:34Speaker 05

  I wouldn't say that I'm it.

• 15:36Caleb Hammer?

  How not? You run the finances and yet this is where we are. So you're the captain.

• 15:42Speaker 05

  I would say that he would agree with me in saying that if it was up to him, there would be no plan at all.

• 15:49Caleb Hammer?

  What? No, what does that even mean?

• 15:51Speaker 05

  If the finances were left to him, there would be no plan at all.

• 15:56Speaker 05

  And I love my husband. He's very smart. He's, he's my best friend.

• 16:00Caleb Hammer?

  Very smart. Yeah, sounds like it.

• 16:01Speaker 05

  He's not super detail oriented and he, I feel like.

• 16:06Caleb Hammer?

  You don't have to be detail oriented to use a budgeting app like Dollarwise. It's so simple. It just does it for you.

• 16:11Speaker 05

  Do we want to talk about that right now?

• 16:13Caleb Hammer?

  So why don't you guys use a budgeting app? It's so easy. If he's struggling at detail oriented crap.

• 16:18Speaker 05

  Well, I want to use the budgeting app, but it's not working the way that I wanted.

• 16:22Caleb Hammer?

  Why aren't you using a budgeting app was the question?

• 16:25Speaker 05

  Well, he just recently got an iPhone, so I finally got him over to the right side. So I do want to use the budgeting app and that was one of.

• 16:36Caleb Hammer?

  Why don't you?

• 16:38Speaker 05

  Because I haven't found one. I haven't found one.

• 16:40Caleb Hammer?

  He doesn't need a. iPhone to use a budgeting app was using a flip phone?

• 16:46Speaker 05

  No.

• 16:46Caleb Hammer?

  Then what the are you talking about? Google Play Store, Apple Store, they have the same things. If one makes one for one, they have it for the other.

• 16:53Speaker 05

  He's not very technologically.

• 16:55Caleb Hammer?

  So he's cannot call him smart. And I'm sorry.

• 16:58Speaker 05

  He's very smart.

• 16:59Caleb Hammer?

  No, he can't download an app? What are you talking about? He falls and breaks his ribs every three days? What are you talking about?

• 17:06Speaker 05

  He's gonna have a field day with this.

• 17:08Caleb Hammer?

  Well, listen, this kind of comes on you.

• 17:10Speaker 05

  We kind of, we, you know, we're, we're. He's good in ways that I'm not good and vice versa, so.

• 17:18Caleb Hammer?

  What are you good in? Your finances are a complete disaster. Where's your good? Where's your good? Tell me your good.

• 17:23Speaker 05

  I at least, I, I at least have a un- understanding of what the situation is.

• 17:28Caleb Hammer?

  Why aren't you using a budgeting app?

• 17:30Speaker 05

  Because I haven't found one that I like that works properly.

• 17:33Caleb Hammer?

  Works properly, then you don't know what the you're looking for. Cause it's not up to you. It's not up to how you want it to look to tell you what you want to see. It tells you what you need to know. You categorize things, it does it automated. Boom, you're good. You're chilling. It isn't there to baby you. It isn't there to give you what you want to hear. Listen, uh, the Ramsey one, uh, it's a little too strict in his worldview. Okay, you need a budget? Too complicated onboarding process. But all these, if you use them, they will at least work. Like all these Dollar Wise, Monarch, any of the ones. They will give you what you need to know. It's automated. If, but you just want to see what you want to see. Millions of people use these.

• 18:17Caleb Hammer?

  Millions, tens of thousands use ours. Millions of people use all the budgeting apps all together.

• 18:22Speaker 05

  I want to use yours.

• 18:22Caleb Hammer?

  You're not a broken person. Well, okay, great, then do. Listen, you are, you have the ability to actually make use of tools.

• 18:30Speaker 05

  Yes.

• 18:30Caleb Hammer?

  But if you aren't seeing what you want to see, that's not the platform's fault. That's you needing to actually follow plans.

• 18:37Speaker 05

  Well, then I need, I need somebody to help me with it.

• 18:40Caleb Hammer?

  The fact that you guys are incapable of doing anything is no longer anyone else's fault.

• 18:44Speaker 05

  I wouldn't say that we're incapable.

• 18:46Caleb Hammer?

  Okay. Where the, where's any semblance of capability? Because again, you're running the household finances. It's a disaster.

• 18:55Speaker 05

  It's an organized disaster.

• 18:57Caleb Hammer?

  Where's the organization?

• 18:58Speaker 05

  I have a spreadsheet.

• 19:00Caleb Hammer?

  Spreadsheets don't matter if you don't do anything based on it.

• 19:04Speaker 05

  I do do stuff based on it.

• 19:05Caleb Hammer?

  What do you do because this is a disaster?

• 19:07Speaker 05

  Came from.

• 19:08Caleb Hammer?

  You have the plan that you can't even talk about.

• 19:10Speaker 05

  I'm happy to talk about the plan.

• 19:12Caleb Hammer?

  Twenty minutes in, I've tried to get you to talk about it a couple of times.

• 19:15Speaker 05

  And you keep interrupting me.

• 19:16Caleb Hammer?

  Dude, you said a consolidation is coming in July. Five thousand hours by the end of next year.

• 19:20Speaker 05

  Yes.

• 19:21Caleb Hammer?

  That's it? Well, we already know that plan is.

• 19:24Speaker 05

  Step of the plan. The second step.

• 19:27Caleb Hammer?

  I'm giving you the platform to talk about your plan.

• 19:30Speaker 05

  Okay. So there's a set of debts. That will get, the plan is to consolidate them in July.

• 19:39Caleb Hammer?

  We've already heard this one.

• 19:40Speaker 05

  Got it.

• 19:41Caleb Hammer?

  I was really hoping you'd give more new information.

• 19:43Speaker 05

  In the beginning of 2027, that consolidation and then another set of debts will get consolidated again.

• 19:57Caleb Hammer?

  Why? What's the logic behind the plan?

• 19:59Speaker 05

  Well.

• 20:00Caleb Hammer?

  Especially when you guys can't control your spending and you spend 2,100 hours on bullshit minimum last month. Why would that can, how would, why would we consolidate? Because you're just going to rack up the debt again. I already have examples of here, Colton has said that, I mean, yeah, you pay, you've paid off your credit card and then racked it all the way back up again. Like you've done that. You obviously show that you can't manage spending to save your life. So why the would a consolidation be something we're even considering? You just need to grind down debt, pay, close off your accounts, close your accounts. You can't manage shit to save your life. You're not a credit card person. Why is your plan setting yourself up for failure in two ways? One, not prepared for an emergency. Two, just consolidating your debt, which is going to lead you with double the debt in the end. And you're consolidating your consolidated debt? Why are you even doing that? What's the logic behind that for you?

• 20:41Speaker 05

  Um, because there are certain debts that you'll see that that is the only option to do.

• 20:47Caleb Hammer?

  What the? Okay.

• 20:53Caleb Hammer?

  You seem like you know what you're doing. The banker lady, you know what you're doing. So what the [bleep], what are we talking about?

• 21:01Speaker 05

  So I watch your show.

• 21:04Caleb Hammer?

  Thank you.

• 21:05Speaker 05

  Yes, and there are a lot of times where I feel like you shut people down where...

• 21:16Caleb Hammer?

  Open a financial audit.

• 21:17Speaker 05

  I understand. That's why I'm here. Oh, I said it. Um, so it's one thing to look at a situation from the outside.

• 21:26Caleb Hammer?

  From the numbers, strictly the numbers, which is...

• 21:28Speaker 05

  But as far as, and I'm totally on board with budgeting. I know we have enough money after...

• 21:34Caleb Hammer?

  Let's get to the point.

• 21:34Speaker 05

  I know we have enough money after we pay our bills to budget for those...

• 21:40Caleb Hammer?

  Which is why we spend more than we made.

• 21:42Speaker 05

  Those categories. Um, but when you're in the day to day...

• 21:47Caleb Hammer?

  Oh, like everyone is.

• 21:48Speaker 05

  Like everyone is.

• 21:50Caleb Hammer?

  Very scary day to day.

• 21:51Speaker 05

  Yes, uh, when, you know, I can say I have budgeted $750 a month for groceries or whatever it might be, but if I get a $1,600 paycheck and I gotta pay my $1,500 mortgage out of it, and then I gotta pay a $50 electric bill or whatever it is, and then I only have 50 bucks left, how am I supposed to spend money on groceries?

• 22:13Caleb Hammer?

  So, question, question for me. Uh, we already know your husband is, but are you...

• 22:19Speaker 05

  I am not.

• 22:20Caleb Hammer?

  Then why the [bleep] could you even bring up that point if you spent $2,150 on bullshit? That is what's [bleep] in you. I don't want to hear it. You guys bring in $6,250. Well, soon to be about $3,250 because he's definitely going to lose his job because he can't do any manual labor because he falls and breaks his things every single day of his life because he can't stand up without breaking and he can't download apps and requires an iPhone in order to be able to do that because the Google Play Store is so hard. Yeah, complicated individual.

• 22:48Speaker 05

  We have different strengths, right?

• 22:50Caleb Hammer?

  That's, that's, no, no, we're not coping with that.

• 22:54Speaker 05

  There are things that he's really strong at that I'm not.

• 22:56Caleb Hammer?

  It's downloading a app, dude, that's, we can't excuse that. We can't excuse that.

• 23:03Speaker 05

  He's a little bit older.

• 23:04Caleb Hammer?

  Let's talk about student loans. I know it's something we all avoid talking about, but if your private student loans are crushing you, Y Refi might be exactly what you need. They don't rely on your credit score alone. They look for borrowers who have the desire and the ability to repay. That is a game changer in a market where most lenders only see a number. Interest rates, under 6% guaranteed. That's practically a unicorn in student lending. Plus, they offer structured payment plans to lower your monthly bill and even a co-center release program so your mom and dad can step off the hook. Y Refi is known for their personal service. No faceless call centers. You get a dedicated rep who actually cares about your progress.

• 23:49Caleb Hammer?

  They've got a 4.6 star rating on Google, which tells you people genuinely like working with them. So if your private student loans are burying you, it is time to reach out. Y Refi wants to help you climb out of debt, not push you further into it. Check them out at yrefy.com/hammer. That is Y R E F Y dot com slash hammer or call 888-973-3978.

• 24:14Speaker 06

  Five stocks to sell. You might be missing the opportunity of the year.

• 24:18Speaker 02

  My guy says now is the time to go all in. Real traders still hear the noise. They just know when to stop listening to it. Find and research opportunities to fit your strategy with Thinkorswim trading platforms from Schwab. Discover features like robust charting, nearly unlimited customization, and built-in risk management technology. Plus, get 24/7 support from real trading specialists. That's Schwab Trading. Learn more at schwab.com/trading.

• 24:44Caleb Hammer?

  That is 888-973-3978. Break free from the high interest trap and get your finances under control once and for all. 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. Sign up for Chime. Get that $350 right now in your checking account.

• 25:25Caleb Hammer?

  My 80-year-old grandpa is downloading apps. This is, do not cope your way out of this. I don't know. I'm sure you love him. You do not need to cope your way out of this. But how the can you sit here, talk about the monies coming in, worrying about paying your mortgage, worrying about paying groceries when you spent $2,150 on bullshit last month? That's not shutting people down. That's you having a horrible take, coping to the extreme, and not being able to recognize that clearly the issues that you're dealing with is because you can't stop spending money on bullshit.

• 25:54Speaker 05

  Well, I'm interested to see what the bullshit is. I know what a good chunk of the bullshit is.

• 25:59Caleb Hammer?

  What?

• 25:59Speaker 05

  And I hate to put it on him because I'm also responsible.

• 26:03Caleb Hammer?

  Okay, then don't put it on him. I don't know.

• 26:05Speaker 05

  But he has a habit of gas station spending.

• 26:09Caleb Hammer?

  Uh huh.

• 26:10Speaker 05

  So...

• 26:12Caleb Hammer?

  Like stopping in and getting some bullshit?

• 26:13Speaker 05

  Several times a day.

• 26:14Caleb Hammer?

  What is he getting? Several times a day? What the is he getting?

• 26:16Speaker 05

  We live right down the street from a gas station.

• 26:19Caleb Hammer?

  Why is this guy such a little?

• 26:21Speaker 05

  Oh, he's, oh, he's, he's gonna be mad at me. Um...

• 26:24Caleb Hammer?

  Why? For saying what he spends money on when we're going through the finances? Because he can't handle being called out on shit. He's holding back his household. Do you guys have kids?

• 26:33Speaker 05

  Uh, no, but we want to.

• 26:35Caleb Hammer?

  Good the luck. He's holding back his household. He's stopping at the gas station multiple times.

• 26:39Speaker 05

  I mean, I'm definitely part of it, too.

• 26:42Caleb Hammer?

  Sure. He's stopping at the gas station multiple times a day to get some bullshit. That's, he's not willing to be called out on it? Pussy. Bitch. Cock.

• 26:53Caleb Hammer?

  For real, for real. What is he getting? What is he getting?

• 26:57Speaker 05

  Cigarettes.

• 26:58Caleb Hammer?

  Okay, yeah, go ahead and kill yourself. Not, not like suicide, but like he's giving himself cancer. Why? Why does he want that?

• 27:05Speaker 05

  That's a constant battle argument.

• 27:09Caleb Hammer?

  Well, no shit, I wouldn't be with him. That's disgusting. How do you even manage to keep your nose open when you're near him?

• 27:14Speaker 05

  It's not, he doesn't, he doesn't smoke quite as much as he used to, but.

• 27:20Caleb Hammer?

  How many packs a week?

• 27:22Speaker 05

  A week? Maybe one every two days? He's definitely not a pack a day.

• 27:28Caleb Hammer?

  Gross, horrendous, disgusting.

• 27:30Speaker 05

  It is absolutely gross.

• 27:32Caleb Hammer?

  He smells like shit, he is gonna die young. Okay, and snacks? Energy drinks?

• 27:36Speaker 05

  No, not energy drinks. Bottles of water, which really drives me nuts. I'm like, why are you buying a bottle of water?

• 27:42Caleb Hammer?

  I told, I, I, he is.

• 27:44Speaker 05

  Oh my god, he's gonna be so mad.

• 27:47Caleb Hammer?

  Why? Why is he gonna be mad at you? This is literally, what? He didn't think this would be coming up?

• 27:51Speaker 05

  I just won't let him watch it.

• 27:53Caleb Hammer?

  Right, so he is a true, he really is. You completely own him.

• 27:57Speaker 05

  I don't even know what that means. Maybe I'm too old to know what that means.

• 27:59Caleb Hammer?

  When Colton was on the phone with you doing the onboarding and everything, he got mad because he couldn't buy lunch because he didn't have a credit card and they were all over drawing, you guys were over drawing on your bank account. While you're doing the onboarding for Financial Auto, why the are you with this guy? This piece of shit? This loser, smoking in his 50s.

• 28:21Speaker 05

  He's not 50 yet.

• 28:22Caleb Hammer?

  Smoking in his 40s, going and getting bottles of water at the gas station every day instead of buying a walker, just getting a. Loser, piece of shit, degenerate, nasty, nasty ass, stinky.

• 28:35Speaker 05

  He's my best friend. I love him very much.

• 28:38Caleb Hammer?

  Enjoy him while you got him.

• 28:39Speaker 05

  I, I know.

• 28:40Caleb Hammer?

  Won't be there for long.

• 28:40Speaker 05

  I remind him, I remind him every day.

• 28:43Caleb Hammer?

  And he really cares about life. That's someone who I want to be with for the rest of my life.

• 28:47Speaker 05

  We've been together for a long time.

• 28:48Caleb Hammer?

  How long?

• 28:49Speaker 05

  15 years.

• 28:54Caleb Hammer?

  And what's your participation in this?

• 28:56Speaker 05

  My spending?

• 28:57Caleb Hammer?

  Well, you say you go to the gas station to get some bullshit?

• 28:59Speaker 05

  No, I don't go to the gas station.

• 29:03Speaker 05

  I don't even know real, and that's what I'm interested to see because

• 29:06Caleb Hammer?

  Well, you said, you said, uh, blame's on him, but it's also on me.

• 29:09Speaker 05

  I buy lunch. I work downtown. It's a lot easier, obviously, just go buy lunch.

• 29:15Caleb Hammer?

  Downtown makes it hard to pack lunches.

• 29:18Speaker 05

  Yeah.

• 29:19Caleb Hammer?

  Uh, I'm struggling on that one.

• 29:22Speaker 05

  I

• 29:23Caleb Hammer?

  Downtown means you're closer to food options.

• 29:25Speaker 05

  Let's go back to the scenario with the paycheck and how many only 50 bucks left.

• 29:31Caleb Hammer?

  Your spending that you do is not included in your hypothetical for some reason. Yes, please tell me.

• 29:36Speaker 05

  Well, when I get to that point, and I only have 50 bucks left.

• 29:39Caleb Hammer?

  Because you spend $2,150 on bullshit. Yes, go ahead.

• 29:42Speaker 05

  What am, what am I supposed to do, though, if I need to get groceries?

• 29:45Caleb Hammer?

  Money on bullshit and get groceries instead.

• 29:47Speaker 05

  That situation, when you're, once you're in that situation.

• 29:50Caleb Hammer?

  You wouldn't be in that situation because you follow the show.

• 29:54Speaker 05

  Listen.

• 29:54Caleb Hammer?

  No, your situation, no, your situation's moronic. Your situation's moronic because it'll never happen again by the end of this, but, but, but by the time you leave the show, unless he's not on board, unless you're just gonna be a degenerate after this, it'll never be a situation you have to deal with because you're actually gonna be a responsible adult for the first time in your damn life.

• 30:11Speaker 05

  Well, let's see it then.

• 30:12Caleb Hammer?

  Let's see what?

• 30:13Speaker 05

  Let's make that happen.

• 30:14Caleb Hammer?

  Let's see it. I fucking hope so. What do you mean, let's see it? Of course, come back on and show me that it happens. What do you mean, let's see it? That's what I wanna see.

• 30:22Speaker 05

  Okay, me too.

• 30:23Caleb Hammer?

  Dude, what the, what are you talking about? Why would we do that hypothetical that shouldn't be happening in the first place?

• 30:27Speaker 05

  Because

• 30:28Caleb Hammer?

  Your hypothetical, hypothetical's moronic.

• 30:30Speaker 05

  In a perfect world, that shouldn't happen.

• 30:31Caleb Hammer?

  Degeneracy of insanity.

• 30:33Speaker 05

  In the perfect world, that shouldn't happen.

• 30:35Caleb Hammer?

  Perfect world, you are choosing to spend $2,150 in a single month on bullshit!

• 30:40Speaker 05

  Let's see.

• 30:40Caleb Hammer?

  Gas stations multiple times a day, unless he doesn't give a shit about the household. Does he not give a shit about the household? Does he not give a shit? Because he's doing it multiple times a day. Does he not give a shit? If he's not giving a shit, then he's doing what he's doing.

• 30:49Speaker 05

  I, I would like to think he gives a shit.

• 30:52Caleb Hammer?

  Well, clearly not if he's going multiple times a day, getting bottles of water, doesn't even have a brick at home, uses faucet, uses faucet. Bulk buy, bulk buy, grocery store, a couple bucks, bulk buy water bottles. The fuck is he doing? Get a big fucking thing. Get a thing, put it in a water bottle. Easy. He clearly doesn't give a shit. Degenerate, stinky.

• 31:11Speaker 05

  He's not gonna like that.

• 31:15Caleb Hammer?

  What he likes. I want you guys to have a better life. Why the would I care? Why? Why would I give a shit what he likes? I like you guys being able to pay your bills and not have the hypothetical where it's like, oh shit, I gotta get groceries, but I only have $50. That hypothetical only exists because he doesn't give a shit about the household. That hypothetical only exists because you go and you blow money on bullshit. You can't pack a lunch because you work. Oh downtown. Why? Okay.

• 31:42Caleb Hammer?

  I mean, you grow up, you grew up spoiled. That's what I have as a note. So clearly I think that is actually what is happening. You grew up spoiled. You're not willing to change your lifestyle at all, no matter what happens, including him breaking a rib, losing a job. You're a spoiled brat and you're not willing to cut back on anything. And then when it comes time where it's like, I can't afford groceries because I blew my money on things that I wanted and was fun and was entitled to. Now I'm a whiny little victim because I don't have enough money for groceries. You're gonna be on the fucking, uh, just like New York Times article. Oh, people can't afford groceries in Pittsburgh. And then they don't go into detail that they spent $2,150 on bullshit. Like, fuck you. You grew up spoiled.

• 32:22Speaker 05

  I was, I always say I was spoiled, but not spoiled rotten. I was the only, I'm an only child. I was spoiled, but not spoiled rotten.

• 32:31Caleb Hammer?

  Uh, go on. Make that mean something to any of us.

• 32:35Speaker 05

  Well, I wasn't like a brat. I was just-

• 32:37Caleb Hammer?

  You're still saying nothing.

• 32:39Speaker 05

  Well, maybe you're just not listening. Um, so, yeah, I mean, I, I grew up very, you know, I was taken care of and I got things that I wanted, but I wasn't- No.

• 32:53Caleb Hammer?

  Yeah, you guys, because anyone who talks like that grew up wealthy.

• 32:55Speaker 05

  Teacher.

• 32:56Caleb Hammer?

  Anyone-

• 32:56Speaker 05

  We weren't wealthy.

• 32:57Caleb Hammer?

  And what was dad?

• 32:58Speaker 05

  Dad was a truck driver.

• 33:00Caleb Hammer?

  Truck drivers make good money. And teachers can make good money depending on what they're doing.

• 33:04Speaker 05

  Like an over at the road. He was like a local delivery truck driver. And I mean, they worked really hard and I'm, you know, but-

• 33:10Caleb Hammer?

  Okay, square footage and rooms and baths of your childhood house.

• 33:13Speaker 05

  I couldn't tell you square footage.

• 33:15Caleb Hammer?

  Rooms and baths.

• 33:16Speaker 05

  Three bedrooms, one bathroom.

• 33:19Caleb Hammer?

  Okay, yeah, middle class, solid middle class house. Okay, and you couldn't manage to not live in the lifestyle that you wanted and grew up with though? And you're just living it now and allowing yourselves to go further and further into debt. You and your husband of how many years?

• 33:32Speaker 05

  Uh, married for seven as of yesterday. Happy anniversary. Uh, together for 15.

• 33:38Caleb Hammer?

  Okay, and we wanna have kids.

• 33:41Speaker 05

  Yes. And we'll probably end up with-

• 33:44Caleb Hammer?

  You're aging out.

• 33:45Speaker 05

  No.

• 33:46Caleb Hammer?

  Yes.

• 33:47Speaker 05

  No. If it doesn't happen by the time I'm 40, I'm not gonna-

• 33:51Caleb Hammer?

  That is literally two years.

• 33:53Speaker 05

  I understand, it's two years.

• 33:55Caleb Hammer?

  So you're staying throughout this entire process where you're only getting $5,000 saved for an emergency by end of next year? That is halfway through our child attempting years? Wait, what the? So you're bringing a child into this disaster? Your, your plan, your plan that has no, no room for any wiggle room? No room for anything bad happening and you're bringing a kid in? You know there are complications that happen all the time when it comes to baby leaving body.

• 34:20Speaker 05

  Yes, especially when you get older.

• 34:23Caleb Hammer?

  Yes, you are old.

• 34:24Speaker 05

  It's called a geriatric pregnancy.

• 34:26Caleb Hammer?

  Yes, dusty.

• 34:26Speaker 05

  I'm not old, I'm just seasoned.

• 34:29Caleb Hammer?

  That seasoning is actually dust.

• 34:33Speaker 05

  I don't know. My husband likes seasoning.

• 34:36Caleb Hammer?

  To him, you are still young because the dude is nearing retirement.

• 34:40Speaker 05

  I don't think either of us are gonna be able to retire.

• 34:42Caleb Hammer?

  I agree.

• 34:43Speaker 05

  But-

• 34:43Caleb Hammer?

  He will be dying on the Walmart floor, unfortunately, he will be 55 doing that with lung cancer.

• 34:47Speaker 05

  Maybe Target instead of Walmart. But, um, what were we talking about?

• 34:52Caleb Hammer?

  Kids.

• 34:53Speaker 05

  Kids.

• 34:53Caleb Hammer?

  You're setting yourself up for complete failure and you wanna bring in a kid during that process? That's a joke, that's horrendous.

• 34:58Speaker 05

  Well, that's why I wanna get a handle on what the bullshit spending is.

• 35:03Caleb Hammer?

  Your plan specifically leads to only $5,000 in savings-

• 35:07Speaker 05

  We gotta start somewhere.

• 35:08Caleb Hammer?

  By the end of year, yeah, but only by the end of year one of the two years of trying to make a kid.

• 35:12Speaker 05

  Well, we've been trying to make a kid for-

• 35:15Caleb Hammer?

  Oh, what is this, nut wrong or your eggs are broken? Which one?

• 35:18Speaker 05

  Um, neither. I think it's just timing.

• 35:23Caleb Hammer?

  Do you not know how to time ovulation?

• 35:26Speaker 05

  I don't know.

• 35:27Caleb Hammer?

  What? My girlfriend knows when she's ovulating, do you?

• 35:30Speaker 05

  Um, it's not always that simple.

• 35:32Caleb Hammer?

  You don't track it in an app?

• 35:34Speaker 05

  No, I do.

• 35:34Caleb Hammer?

  I know we struggle downloading apps in this house.

• 35:36Speaker 05

  No, I do have an app.

• 35:39Caleb Hammer?

  Or it probably doesn't work the way she wants.

• 35:41Speaker 05

  I do like the app that I have, it actually works pretty well. Um, but you know, things happen.

• 35:46Caleb Hammer?

  Why don't you guys just-

• 35:46Speaker 05

  Dress.

• 35:47Caleb Hammer?

  I don't know.

• 35:48Speaker 05

  Well, you said we're old, right? That makes it a little bit more difficult.

• 35:53Caleb Hammer?

  To who? Which one?

• 35:54Speaker 05

  In general.

• 35:55Caleb Hammer?

  Nah, dudes be like ninety.

• 35:58Speaker 05

  Anxiety medication.

• 35:59Caleb Hammer?

  Okay, well, okay, have it good or don't, I don't know, but.

• 36:02Speaker 05

  But anyway.

• 36:03Caleb Hammer?

  It sounds like, I mean, how long have you been trying?

• 36:06Speaker 05

  Five years.

• 36:07Caleb Hammer?

  Okay, and you're calling it quits in two?

• 36:10Speaker 05

  Well, it gets harder.

• 36:11Caleb Hammer?

  Not gonna go the medical route? IVF, anything like that, it's expensive, but.

• 36:16Speaker 05

  Very expensive.

• 36:16Caleb Hammer?

  But, but, but, but, I want people who want to have kids to have kids.

• 36:19Speaker 05

  Yeah.

• 36:20Caleb Hammer?

  I want you guys to have kids, it's, it's very, you know, what they do incur, we have a declining birthing population. Like, even, even if you were, no, no, not if you're a horrible person, but you're not a horrible person.

• 36:31Speaker 05

  That is a statistic I'd be interested in reading about in the declining birth rate, because I don't know if I believe that necessarily.

• 36:43Speaker 05

  I believe it, but I'm interested in.

• 36:45Caleb Hammer?

  Yeah, I'm glad you're interested, I'm thrilled in that, and we're all very curious about your interest, that we're all interested in your, what you're interested in. The thing is, you obviously net, our accountant, who knows more than you, banking lady, went through your finances, and net out was double of net in.

• 37:01Speaker 05

  I want to see that breakdown.

• 37:02Caleb Hammer?

  Great, I'm, I know what you want, we already know that, we already know that, and we're all very thrilled that you want to see it. And that's what this show's about, that's why we're gonna go into the finances next.

• 37:13Speaker 05

  Sounds good.

• 37:13Caleb Hammer?

  Okay, what do you?

• 37:14Speaker 05

  I do, I do also have an accounting degree, by the way.

• 37:17Caleb Hammer?

  Okay.

• 37:18Speaker 05

  I get.

• 37:18Caleb Hammer?

  Why the are you not using it?

• 37:20Speaker 05

  You end up where you end up.

• 37:21Caleb Hammer?

  You end up where you end up.

• 37:22Speaker 05

  I like my job, I like my job.

• 37:24Caleb Hammer?

  In your own finances, you.

• 37:25Speaker 05

  Oh, I am.

• 37:26Caleb Hammer?

  No, you're not.

• 37:27Speaker 05

  I'm aware of the situation.

• 37:29Caleb Hammer?

  You were off by ten thousand hours of your debt, you didn't know how much was your net out, no, you're not aware of your situation.

• 37:34Speaker 05

  Fifteen thousand sounds crazy to me.

• 37:36Caleb Hammer?

  It sure does.

• 37:37Speaker 05

  I don't see how that is possible.

• 37:39Caleb Hammer?

  Why do you think you're on this show?

• 37:40Speaker 05

  Because I need help.

• 37:42Caleb Hammer?

  A lot of people who need help, you're an actual interesting case, because out was fifteen thousand, five hundred or whatever.

• 37:49Speaker 05

  Well, let's see what it was.

• 37:52Caleb Hammer?

  Great. Incredible conversation. Okay. What do you think your financial score is zero to 10, zero being the worst, 10 being the best?

• 37:59Speaker 05

  Well, that's another thing that I find interesting. I would say, based on how you do it on the show, 2.5.

• 38:08Caleb Hammer?

  Ladies and gentlemen, if you want your Hammer Financial Score, get it. Just answer the questions objectively, not like a dumb and you'll get that score at CalebHammer.com. It's free. Just takes a few minutes. See where you stand in the world of money, where you need to improve your finances, where you're already doing well and what you need to do to improve. And if you want to improve and not be like a guest who ends up on the show, unlike her and the guy who can't download apps and all this crazy stuff, just download Dollar Wise. Link is right there in the description. Take the free trial to see if you like it. And if you do, you can sign up for the annual version because it saves you a lot of money. And when you do, only for the next couple of months, I will personally sign my budget friendly cookbook and mail it directly to you. After a couple of months, it's gone forever. We found anywhere else, DollarWise.app. All those links are in the description below.

• 38:52Caleb Hammer?

  Let's get into these finances of this 6.5'er.

• 38:56Speaker 05

  Apparently, there's also some typos in the financial score.

• 39:00Caleb Hammer?

  Well, that might be true because I am, but.

• 39:03Speaker 05

  Apparently, you're not the only one.

• 39:04Caleb Hammer?

  I know. I'm looking at you. Slate Edge, what's going on with this?

• 39:08Speaker 05

  Most of these I've had forever and have just sat with nothing on them. But that one.

• 39:15Caleb Hammer?

  Well, this one has purchases of $7,579.92.

• 39:20Speaker 05

  So that one kicks off one of the.

• 39:25Caleb Hammer?

  Well, guys, we don't purchase anymore. A part of our plan is we don't purchase anymore on our cars.

• 39:29Speaker 05

  That one kicks, that one kicks off one of the.

• 39:35Caleb Hammer?

  Will it kick off the end of the sentence?

• 39:37Speaker 05

  Series of unfortunate events that happened in 2025.

• 39:40Caleb Hammer?

  That's this year.

• 39:42Speaker 05

  Correct.

• 39:42Caleb Hammer?

  You would just say this year, but okay, I guess. Yeah. Edge of the Rust Belt. They got rust in the water. Everyone, their brains are melting. What happened, series of unfortunate events?

• 39:54Speaker 05

  There was a number of house-related emergencies that happened this year.

• 40:01Speaker 05

  That have resulted in me having to come up with this plan.

• 40:05Caleb Hammer?

  This is the part of the conversation where I'm waiting to hear what happened to your house.

• 40:09Speaker 05

  On that is the furnace and the air conditioning.

• 40:12Caleb Hammer?

  Okay, that happens. You need a furnace especially. Air conditioning, when was this?

• 40:17Speaker 05

  So it was August that the AC went out.

• 40:21Caleb Hammer?

  Yeah, that's rough.

• 40:22Speaker 05

  They came, we have a home warranty that we had purchased.

• 40:25Caleb Hammer?

  And previous balance transfers in the past, to be very clear.

• 40:28Speaker 05

  Correct. So that, a portion of that is balance transfer.

• 40:32Caleb Hammer?

  Uh huh.

• 40:33Speaker 05

  That have just been rotating.

• 40:34Caleb Hammer?

  Yeah, it's maxed out.

• 40:36Speaker 05

  Correct.

• 40:36Caleb Hammer?

  To the dollar.

• 40:37Speaker 05

  Correct.

• 40:38Caleb Hammer?

  Oh, for f*** sake. Hey, how long does this take to pay off if you do minimum two payments only without purchasing anything which you're incapable of?

• 40:45Speaker 05

  I think that one's 12.

• 40:47Caleb Hammer?

  Her accounting degree's really paid off. It's 23.

• 40:49Speaker 05

  Oh.

• 40:51Speaker 05

  One of them is 12. I can't remember.

• 40:52Caleb Hammer?

  Well.

• 40:52Speaker 05

  But it's zero percent.

• 40:54Caleb Hammer?

  That one's 23.

• 40:54Speaker 05

  That one is 0% till January of 27.

• 40:57Caleb Hammer?

  Uh huh. Which is, well, is it, first of all, is it being accumulated? Cause there's your balance transfer fee, cause we had a balance transfer.

• 41:05Speaker 05

  Correct.

• 41:06Caleb Hammer?

  So 80.

• 41:06Speaker 06

  Five stocks to sell before the end of the week. You're not repositioning now. My guy says now's the time to go all in.

• 41:13Speaker 02

  Real traders still hear the noise. They just know when to stop listening to it. Find and research opportunities to fit your strategy with Thinkorswim trading platforms from Schwab. Discover features like robust charting, nearly unlimited customization, and built-in risk management technology. Plus, get 24/7 support from real trading specialists. That's Schwab Trading. Learn more at schwab.com/trading.

• 41:36Caleb Hammer?

  Eight dollars 33 cents of fees, so you likely paid like 10, 12, 15% on it. And this will kick into like a 30% interest rate essentially. And yeah, okay, but it's not accumulating, but that

• 41:47Speaker 05

  Correct.

• 41:47Caleb Hammer?

  Still doesn't mean that this balance ain't chunky and it's about to start accruing an insane amount of interest in about 13 months.

• 41:56Speaker 05

  But it won't, cause it's part of the second round of consolidation.

• 41:58Caleb Hammer?

  Yeah, if your master plan that has absolutely no wiggle room for anything to go wrong succeeds, which I do not believe for a single moment that it will, because you do not take account anything happening in life. When literally he just broke ribs today. Do you not remember that?

• 42:13Speaker 05

  I do. But

• 42:16Caleb Hammer?

  Today!

• 42:16Speaker 05

  Well, is it better to just not have a plan then?

• 42:21Caleb Hammer?

  That's not what I'm saying. I'm saying your plan's broken.

• 42:23Speaker 05

  Well, then, let's figure out a better plan, right?

• 42:26Caleb Hammer?

  Oh my gosh, shut the [bleep] up. That's your only response. Yes, obviously, that is what we're gonna do. You do not have to announce that every time we're having this. I'm obviously...

• 42:32Speaker 05

  I'm kidding!

• 42:33Caleb Hammer?

  Oh my gosh, she is so annoying. I'm just calling out that it is very clear when you s- Lady.

• 42:40Speaker 05

  Kayla.

• 42:40Caleb Hammer?

  I have to let you know that you might, in fact, be a moron. Because, because, because, hey, lady, it is very clear...

• 42:55Caleb Hammer?

  What? I wouldn't bring up that your plan is flawed so that you can hit me with the, "Well, that's like a plan, man!" Obviously, I'm not hitting you with that if you don't set up something absolutely ridiculously moronic for me to say that. Why did I say it? Because I said, "Interest is gonna start immensely in 13 months," and you said, "Well, that's why the second round of consolidations coming." That's your plan.

• 43:25Speaker 05

  Right.

• 43:25Caleb Hammer?

  So, obviously, I'm gonna call out to [bleep] your plan, dumbass! You don't have to sit here and tell me, "Well, let's make a new plan then!" When, obviously, I'm responding to you thinking your perfect plan's gonna happen before interest rate hits. You [bleep] moron! Oh my [bleep], you not know why I said it? I don't need to hear the, "Well, let's make a better one then!" We know we're gonna do it! We know what show we're on!

• 43:51Speaker 05

  Okay, moving on.

• 43:52Caleb Hammer?

  Oh, great, yeah. You direct the conversation.

• 43:54Speaker 05

  Somebody asked you.

• 43:55Caleb Hammer?

  Instead of you taking any semblance of understanding what I am trying to say when...

• 44:01Speaker 05

  I'm aware the plan is flawed.

• 44:02Caleb Hammer?

  No! No! You [bleep]. You don't understand why I pushed back on it. Because you said you essentially deflected the reality of this balance. You deflected the reality of this balance by saying your second round of consolidations are gonna happen in that 13 months. That is not an appropriate deflection, cuz it is not a reality, because your plan is flawed and built for failure. So, you can't, you can't have both. You cannot have- This is not a concern because this is gonna happen to the plan. And, oh, I know the plan's broken. Let's just have a better plan. You can't have both at the same time. Yeah, in your perfect mind, because you won't. You, I think, I think you live life in a way where if there is, especially because you've had no struggle, especially on your growth, you've had no real struggle.

• 44:47Caleb Hammer?

  If there's anything slightly uncomfortable, you just accept what is the easiest thing to latch on to. So you don't have to face any level of discomfort. I think that is how you live your life.

• 44:59Caleb Hammer?

  And that is why you cope and you immediately go to whatever response gets you there. Whether it is this option or this option, even though they cannot exist at the same time. So I don't want to hear it.

• 45:10Speaker 05

  Okay.

• 45:10Caleb Hammer?

  City simplicity card. What is this?

• 45:13Speaker 05

  So,

• 45:16Speaker 05

  uh, speaking of my husband.

• 45:19Caleb Hammer?

  Oh, yeah.

• 45:19Speaker 05

  Um, he fell.

• 45:22Caleb Hammer?

  Cancer.

• 45:22Speaker 05

  He fell at work in April.

• 45:28Caleb Hammer?

  I don't want to laugh about someone's injury, but.

• 45:32Speaker 05

  Turned out to be a broken leg.

• 45:34Caleb Hammer?

  Can I see what this man looks like? He will not be in the video. I just need to see this. He, he, he must be breaking, right? Like pieces of his body must be falling off.

• 45:42Speaker 05

  He's about 6'4", 170. So he's tall and tall and not.

• 45:52Caleb Hammer?

  He has to be. There's no way.

• 45:53Speaker 05

  There's a, that's a wedding picture. That's a good one.

• 45:56Caleb Hammer?

  What the?

• 45:58Speaker 05

  That's his G. I call that his G.

• 46:00Caleb Hammer?

  Breaking? How is he? The dude just looks like a normal ass dude. What is that? Why is he falling? Is he drunk every day?

• 46:06Speaker 05

  No, I think he has a little bit of vertigo that I don't think he wants to address.

• 46:12Caleb Hammer?

  Seen and how to get medication?

• 46:14Speaker 05

  Who doesn't want to go to the doctor?

• 46:16Caleb Hammer?

  Uh, if I had vertigo, I would be miserable every day and want to go to the doctor.

• 46:20Speaker 05

  No. So he fell at work.

• 46:23Caleb Hammer?

  Okay.

• 46:24Speaker 05

  Turned out to be a broken leg.

• 46:26Caleb Hammer?

  Because he fell?

• 46:27Speaker 05

  He fell at work and he broke his leg.

• 46:29Caleb Hammer?

  Did he fall off something?

• 46:31Speaker 05

  No, he slipped. He was working in the deli at a, like a, it's like a Sam's Club, but it's not Tam Club. Um, and he's not a Costco. Uh, he slipped and broke his leg. So he was out of work and on workers comp, uh, until. September.

• 46:54Caleb Hammer?

  Good. And then he just fell and broke his ribs today.

• 46:57Speaker 05

  Yes. Is your credit cards good?

• 46:58Speaker 01

  Yeah, they are.

• 46:59Speaker 07

  Your family hated it? In the post show, you did reveal that you were still receiving money from a client from your stripping days. Are you still receiving money from him?

• 47:10Speaker 05

  I'm a very patient person. My mom is disabled. I have been taught patience.

• 47:15Speaker 01

  Hey, we.

• 47:16Speaker 05

  My family hated it. Should we get into that?

• 47:18Speaker 01

  I would love for you to just use your words and not shut down to the point to where I do, yeah. Said that I would pay for the gun that we bought on your card.

• 47:27Speaker 05

  So are you safe, Pixie?

• 47:35Caleb 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. And honestly, it literally tastes better. And we proved this accidentally via a blind taste test in our Hammer Elite show, Fat and Fatter.

• 47:59Speaker 02

  The number one ranked energy drink is Gamer Subs.

• 48:02Speaker 07

  Literally, the cherry flavor is insane.

• 48:05Caleb 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. How did he fall today?

• 48:17Speaker 05

  Cat, apparently. Tripped over the cat.

• 48:22Caleb Hammer?

  How is he breaking things when he falls?

• 48:24Speaker 05

  I don't know.

• 48:25Caleb Hammer?

  I mean, I'm kind of clumsy, but I don't break shit.

• 48:27Speaker 05

  Yeah.

• 48:28Caleb Hammer?

  I'm fat.

• 48:29Speaker 05

  You're not really. You look less fat in person.

• 48:32Caleb Hammer?

  Please. Yes, everyone says that, but that is true.

• 48:35Speaker 05

  You are very handsome.

• 48:37Caleb Hammer?

  Okay, let's not. Let's not. I know you're trying to find a man who doesn't break things every second of his life, but.

• 48:44Speaker 05

  I'll stick with him when I got.

• 48:46Caleb Hammer?

  Yeah, the cancer patient, yeah.

• 48:47Speaker 05

  Um, but anyway.

• 48:48Caleb Hammer?

  Yeah, so the future cancer patient.

• 48:50Speaker 05

  He was on workers' comp from April through September. Uh, and before that, we were, like I said, we were consistently using and paying off credit cards every month.

• 49:03Caleb Hammer?

  Until last year? All this only happened in a year?

• 49:06Speaker 05

  Year.

• 49:07Caleb Hammer?

  What is wrong with you guys? This is horrendous. This is a fat stack of paperwork.

• 49:11Speaker 05

  We'll talk about more things that happened with the house because. That's kind of led me to

• 49:15Caleb Hammer?

  Okay, so what? So that one was to fill in the gap for what he wasn't making between. Why is he filling in your gap more so we can have a kid before 30, huh?

• 49:24Speaker 05

  You know.

• 49:28Speaker 05

  So that one, and what gets dangerous, and I'm well aware of it, Citi has two different things. They have flex loans, which are low interest options to go on the credit card.

• 49:42Caleb Hammer?

  Uh huh.

• 49:42Speaker 05

  So there was one of that, but that's been paid off. And then when they offer a balance transfer.

• 49:48Caleb Hammer?

  Oh, this is a balance transfer.

• 49:49Speaker 05

  Essentially be used as like a cash advance.

• 49:52Caleb Hammer?

  $162 in fees this year.

• 49:54Speaker 05

  So I

• 49:55Caleb Hammer?

  Almost 200 in interest.

• 49:56Speaker 05

  I think there were two times where I did a balance transfer, but instead of it being a balance transfer, it was just a direct deposit.

• 50:03Caleb Hammer?

  This is why I'm worried about your consolidations. You are not a solve person kind of thing. You are a kick the can down the road thing.

• 50:09Speaker 05

  That's what it's been.

• 50:10Caleb Hammer?

  And you want to bring a kid into that conversation where eventually that can comes to a halt and you gotta go. Like a payday loaner, you gotta get something like horrible because it stops at some point. What's your credit?

• 50:19Speaker 05

  Right now it's shit.

• 50:20Caleb Hammer?

  Well, there we go. It will stop sooner than you believe then.

• 50:23Speaker 05

  And that's why I haven't closed any credit cards or anything because.

• 50:27Caleb Hammer?

  Yeah, but they're all maxed out anyway. It's not like you're benefiting in anything like you're, you're well above the 33% on here.

• 50:34Speaker 05

  Well, I hate, I know you hate hearing about the plan, but I haven't closed any cards because the plan.

• 50:40Caleb Hammer?

  If you've acknowledged your plan's broken, then why do I want to hear about the plan?

• 50:42Speaker 05

  I don't think it's completely broken.

• 50:43Caleb Hammer?

  Oh, for fuck's sake, girl, you've never accomplished anything. You've only kicked the can down the road.

• 50:49Speaker 05

  I have some, I have some good accomplishments in there.

• 50:51Caleb Hammer?

  No.

• 50:52Speaker 05

  You'll see.

• 50:52Caleb Hammer?

  And your plan is just to kick it down even further. So what are we talking about? That doesn't make any sense. How can you, why are you still talking about this thing? And why the fuck are you here if your grand plan is perfect and all, all great?

• 51:06Speaker 05

  Because I need help with the day to day budgeting portion.

• 51:11Caleb Hammer?

  Fuck you. Why am I going to selectively help with your bullshit? That's going to lead you to a worse spot in general.

• 51:17Speaker 05

  Because I feel like I can keep up with you better than your other guests do.

• 51:20Caleb Hammer?

  Bullshit, first of all, a lot of people are successful, but also number two.

• 51:27Caleb Hammer?

  Why do I want to see you fail? I don't want to see you fail.

• 51:29Speaker 05

  Well, that's nice of you.

• 51:30Caleb Hammer?

  Well, yeah, I'm a but I'm not like evil.

• 51:34Speaker 05

  Some people would probably disagree, but.

• 51:36Caleb Hammer?

  Well, they don't know. They don't know my wants. They don't know what we're trying to do like. I want to see you do well, but. Setting you up on a plan that is a flawed plan that's going to hurt you. That doesn't make any sense. Why would I accept that?

• 51:48Speaker 05

  Well, that's why I brought my plan to you.

• 51:50Caleb Hammer?

  Well, no shit. I know that, but you keep bringing it up as a reason why I don't. I shouldn't be worried about this card.

• 51:55Speaker 05

  No, I'm worried about it, too.

• 51:56Caleb Hammer?

  But you bring it up as to get out.

• 52:00Caleb Hammer?

  You deflect every time we talk about it that with while the plan.

• 52:03Speaker 05

  Well, that's all. That's all I have. That's all I have to keep me.

• 52:06Caleb Hammer?

  Exactly. And that's what it is. You cope. You cope endlessly. You look for an escape to feel any to get away from any semblance of being uncomfortable. That is what you do. That is what you've always done. And that's why you are where you are now. That's why you kick the can down the road because that feels like an accomplishment. Because it feels like you've done something instead of you actually buckling down and taking care of shit and having a tough conversation with Mr. Stinky.

• 52:28Speaker 05

  Well, that's why that's why I have to have a conversation with him and not you because.

• 52:32Caleb Hammer?

  Cigarette breath.

• 52:33Speaker 05

  He would be out of this room already. No.

• 52:36Caleb Hammer?

  Falling.

• 52:37Speaker 05

  Falling. Yes.

• 52:38Caleb Hammer?

  Endlessly.

• 52:39Speaker 05

  Yes.

• 52:40Caleb Hammer?

  Did I mention stinky?

• 52:41Speaker 05

  No, well, sometimes.

• 52:43Caleb Hammer?

  Yeah, no shit. He smokes a half a pack a day. Nasty, stinky. Herandas. Ew. Get away. Vomit.

• 52:48Speaker 05

  Handsome, sweet, kind.

• 52:51Caleb Hammer?

  Well, not kind enough to change his behavior for the benefit of the household.

• 52:53Speaker 05

  Well, hopefully this will open his eyes a little bit.

• 52:55Caleb Hammer?

  That it? You said he's not going to watch it because he's a little cuck.

• 52:57Speaker 05

  No, he's definitely not going to watch it.

• 52:59Caleb Hammer?

  Hey, why would this open his eyes a little?

• 53:00Speaker 05

  Um.

• 53:01Caleb Hammer?

  Dude, dude keeps his eyes closed when he's walking around all day. That's why he's breaking shit.

• 53:05Speaker 05

  Well, if I can come back with a upgraded plan.

• 53:09Caleb Hammer?

  Why? Why would he listen to you, though? Because.

• 53:11Speaker 05

  Because he loves me.

• 53:12Caleb Hammer?

  No, no, no, no, no, no, no, no, no, no, no, no. Why would he trust you, though? You're a complete failure. Look at this. Oh, look at you. No, you're a failure. Look at this. You're a failure based on what you've done now. Listen, you weren't a failure a couple of years ago, but you are now, and that's all that matters. If you were a failure a couple of years ago and you're not today, I don't care. I don't care. I care about what you do today. This isn't TikTok drudging up stuff from years ago. You know, that's not what we're doing. I care about what you are doing right now and what you plan to do in the future. This is a disaster. You are a failure. Why would he trust you? Look at you. What the hell? You can't possibly.

• 53:46Caleb Hammer?

  And you're not willing to admit your mistakes. So why the am I gonna have any confidence or care in this conversation?

• 53:50Speaker 05

  I know I make mistakes. But let's figure out, let's figure out how to.

• 53:55Caleb Hammer?

  Hey, look, a maxed out credit card with Synchrony Bank.

• 53:58Speaker 05

  Oh, yeah. So that was the, that was the most recent, um, series of unfortunate events.

• 54:05Caleb Hammer?

  Yeah, those endlessly happen, which certainly never happen, right? Which is why we build a plan where no negative events will ever happen.

• 54:13Speaker 05

  That's why emergency fund is in the plan.

• 54:16Caleb Hammer?

  In 13 months and it's not, it's like a two month emergency fund, maybe if I'm being generous. So, go off. Number two, what happened? What was this series of unfortunate events?

• 54:28Speaker 05

  That was the younger cat.

• 54:29Caleb Hammer?

  Having a cat is an unfortunate event. Just kidding. I love cats. Ha, ha, ha, ha, ha. Go on. What? What happens?

• 54:34Speaker 05

  She has feline infectious peritonitis, which used to be a fatal diagnosis.

• 54:42Caleb Hammer?

  That's not.

• 54:43Speaker 05

  Um, but they have, they have a medication now that she's been on and she's doing much better. But, uh, to get there required several vet visits.

• 54:55Caleb Hammer?

  Do you have pet insurance?

• 54:57Speaker 05

  No, but it wouldn't have been covered anyway.

• 54:59Caleb Hammer?

  Well, uh, it depends on the pet insurance, I assume.

• 55:02Speaker 05

  The one time I had pet insurance, I got it through my job.

• 55:06Caleb Hammer?

  Well, there you go. See, they're, they're probably not setting you up with anything good.

• 55:09Speaker 05

  No, because it didn't cover the vet that we went to, which is stupid.

• 55:13Caleb Hammer?

  I, I would, listen, a good pet insurance is likely going to cost at least 50 bucks a month. That sucks, but it saves you thousands. Look where we happened here. Listen, I'm glad, I'm, I'm, I am glad that your kitty's on medication now. I need you to get off medication so your kitty can get some love and you can pop her a baby. But, you know, I'm glad this one is.

• 55:31Speaker 05

  Yeah.

• 55:32Caleb Hammer?

  I'm glad, I'm glad that, I'm glad it's okay.

• 55:34Speaker 05

  Yeah. So she's doing better. I am gonna have to buy more medication. So I'll figure out how to pay that. Probably another 300.

• 55:42Caleb Hammer?

  What the?

• 55:43Speaker 05

  Um.

• 55:44Caleb Hammer?

  Well, it had a previous balance already of $473. So there's a balance on hand before.

• 55:48Speaker 05

  This is the second statement since this whole thing started.

• 55:51Caleb Hammer?

  Okay.

• 55:52Speaker 05

  So that one I just.

• 55:55Caleb Hammer?

  So clearly, things happen.

• 55:59Speaker 05

  Exactly.

• 56:01Speaker 05

  So

• 56:02Caleb Hammer?

  You're broken. Okay. You're just, you're shocked.

• 56:05Speaker 05

  No.

• 56:06Caleb Hammer?

  You're shocked every time.

• 56:07Speaker 05

  No, I'm not shocked. I'm just trying to figure out how, how to get to a point.

• 56:12Caleb Hammer?

  Yeah, no shit. I know what you're trying to do. But look what yet this all happens and you've done nothing. You've done nothing to change it for the next time it happens. Nothing.

• 56:20Speaker 05

  I'm here.

• 56:21Caleb Hammer?

  Yeah, that's, that's, that's something. I guess gold star. Walk away. Your life is fixed.

• 56:26Speaker 05

  No, I realize that.

• 56:29Caleb Hammer?

  Think you need 2,000 hours completely maxed out $65. How are you going to pay the few hundred bucks that happens next?

• 56:34Speaker 05

  So that one is.

• 56:35Caleb Hammer?

  Oh no, these are.

• 56:43Speaker 02

  Real traders still hear the noise. They just know when to stop listening to it. Find and research opportunities to fit your strategy with Thinkorswim trading platforms from Schwab. Discover features like robust charting, nearly unlimited customization, and built-in risk management technology. Plus, get 24/7 support from real trading specialists. That's Schwab Trading. Learn more at schwab.com/trading.

• 57:06Caleb Hammer?

  Deferred interest.

• 57:07Speaker 05

  They are.

• 57:08Caleb Hammer?

  Oh no, these are deferred interests. Just a few months from now, one of them's coming up.

• 57:11Speaker 05

  Correct. And that will be, so that'll be, it's to have it paid off completely before any interest it hits. It's 167 a month.

• 57:20Caleb Hammer?

  I hope so. I don't know where your extra money comes from, but okay, good luck. I hope so. It's a 33% interest.

• 57:26Speaker 05

  It's not extra.

• 57:27Caleb Hammer?

  Huh?

• 57:28Speaker 05

  It's not extra. I already have it. I already have it budgeted in as part of all the bills that come out.

• 57:33Caleb Hammer?

  No, no, you don't.

• 57:34Speaker 05

  I do.

• 57:35Caleb Hammer?

  No, you don't understand this. This is what is broken about you. That is impossible. You've had like 50.

• 57:42Speaker 05

  I've done it already.

• 57:44Caleb Hammer?

  Oh my gosh, she's so stupid. I'm sorry. This is why you are going to fail. You just tell me you're not surprised when emergencies pop up, but then you tell me this is perfectly budgeted. No, it's not. There's going to be an emergency that happens again. And then you won't be able to pay this off in time. It always happens, especially as a homeowner. You're going to have something that pops up tomorrow. That's just why.

• 58:04Speaker 05

  Everything already.

• 58:05Caleb Hammer?

  Listen, hey, hey, hey, hey, hey, hey, hey, hey, hey. Listen, he fell and broke his ribs. You're about to lose half your income of the house. You can't budget this. You can't. This does not work. This is, your brain immediately attaches to everything's going to be fine so that you feel relaxed instead of facing any uncomfortable truth.

• 58:25Speaker 05

  What good does that do?

• 58:27Caleb Hammer?

  Cause it allows you to at least change your behavior to not repeat the endless mistakes of the past, yet you refuse to do so. Every emergency's popped up and you're like, whoa, that'll never happen again. And then it happens about five times in one year. Listen, this is an impossible budget in.

• 58:46Speaker 05

  Oh.

• 58:47Caleb Hammer?

  Especially when you spend that much on bullshit. So I don't want to hear it. I'll let you use the FIS card. At least it's a debit card that builds credit. Only that's to spend money on what's in your checking account. I'll get you another.

• 58:55Speaker 05

  What if I need, what if I need to spend money that I don't have in my checking account?

• 58:58Caleb Hammer?

  Well, that is what we are trying to prevent in the future, you dumb tit.

• 59:02Speaker 05

  All right.

• 59:03Caleb Hammer?

  Well, let's do that. Number two, I will get you a course career certification. So hopefully you can go earn more money, get a raise, get a better job, get continue promotions in this career.

• 59:12Speaker 05

  They have like digital marketing, I think.

• 59:13Caleb Hammer?

  Exactly. They do. I will get you that for free. A lot of people in the audience have used that to improve their income or get better jobs. So I'll get you one of those for free. Okay.

• 59:22Speaker 05

  I'd love for my husband to do that, actually.

• 59:24Caleb Hammer?

  Well, I just don't trust them to be able to go outside and not die. So it's just like, I would rather invest in you if I'm being completely honest, especially since he's going to have lung cancer.

• 59:34Caleb Hammer?

  Unfortunately, I'm not cheering for it, but being realistic here, dude's going to have health problems.

• 59:41Speaker 05

  Yeah.

• 59:42Caleb Hammer?

  And some people, some people smoke and they live to like 95 and they're okay.

• 59:45Speaker 05

  Yeah.

• 59:45Caleb Hammer?

  But statistically,

• 59:49Caleb Hammer?

  issues. City double cash.

• 59:51Speaker 05

  So that was one of the two cards that we were using on a monthly basis and paying off every month. So you'll see.

• 1:00:02Caleb Hammer?

  Wow. Almost like it's endlessly repeated.

• 1:00:04Speaker 05

  Exactly. And that's why I stopped.

• 1:00:06Caleb Hammer?

  Your consolidation's really going to work in the future.

• 1:00:09Speaker 05

  Well.

• 1:00:09Caleb Hammer?

  That's why I stopped. Spends $2,588 on here in one month.

• 1:00:14Speaker 05

  That was the last.

• 1:00:15Caleb Hammer?

  This was the last month. It's her last month of statements. Die, die, die. What the are you talking about? Congratulations. You did what every financial audit guest in the history of the show's done. You changed things two weeks before coming on the show. Yeah. Yeah.

• 1:00:31Speaker 05

  I actually stopped that before I got the call.

• 1:00:33Caleb Hammer?

  Lies.

• 1:00:34Speaker 05

  If you look at.

• 1:00:34Caleb Hammer?

  Lies.

• 1:00:35Speaker 05

  Look at the.

• 1:00:35Caleb Hammer?

  This was a month ago, lies.

• 1:00:36Speaker 05

  Look at the.

• 1:00:36Caleb Hammer?

  Lies.

• 1:00:37Speaker 05

  Look at the interest. Look at the interest.

• 1:00:39Caleb Hammer?

  You applied to come on the show though. You applied to come on the show.

• 1:00:41Speaker 05

  I applied.

• 1:00:42Caleb Hammer?

  So lies.

• 1:00:42Speaker 05

  I applied a long time ago too and didn't get called. So this was the second go around.

• 1:00:45Caleb Hammer?

  $51.77 is your minimum, minimum monthly year over the credit limit of $1,510.77.

• 1:00:52Speaker 05

  Look

• 1:00:53Caleb Hammer?

  You bullshit, you.

• 1:00:54Speaker 05

  Look at the

• 1:00:54Caleb Hammer?

  Look at what, what do you want?

• 1:00:55Speaker 05

  Look at the interest.

• 1:00:56Caleb Hammer?

  I am.

• 1:00:57Speaker 05

  The year to date interest.

• 1:00:58Caleb Hammer?

  Well, I see cash advance, $22 charged last month alone.

• 1:01:02Speaker 05

  Cash advance.

• 1:01:03Caleb Hammer?

  Huh?

• 1:01:04Speaker 05

  Cash advance.

• 1:01:04Caleb Hammer?

  Oh, the accountant doesn't know what's happening in her accounts. Yeah, interest, zero.

• 1:01:11Speaker 05

  Okay, so the year to date interest is

• 1:01:13Caleb Hammer?

  Zero.

• 1:01:14Speaker 05

  Yeah. So, meaning we've used it and paid it off every month.

• 1:01:20Caleb Hammer?

  And now you're

• 1:01:20Speaker 05

  Now I'm not on

• 1:01:22Caleb Hammer?

  Okay.

• 1:01:22Speaker 05

  On purpose, on purpose.

• 1:01:25Caleb Hammer?

  So that she can pay it off by consolidating it and rack it up again.

• 1:01:29Speaker 05

  Use the debit card instead.

• 1:01:31Caleb Hammer?

  Listen, it's not about that. You're just gonna pay it off via the consolidation and rack it back up. That's what you're gonna do. Come on.

• 1:01:36Speaker 05

  Well, I'll close it at that point.

• 1:01:37Caleb Hammer?

  I've only seen this happen on the show every week, four times.

• 1:01:41Speaker 05

  I just have to keep it open long enough to, that my credit stays good enough.

• 1:01:45Caleb Hammer?

  That's the danger and that's what everyone thinks and then get, okay.

• 1:01:51Speaker 05

  There's a lot of ones on there.

• 1:01:52Caleb Hammer?

  YouTube subs.

• 1:01:53Speaker 05

  That's you guys. YouTube subscription.

• 1:01:58Speaker 05

  Hammer Elite.

• 1:01:59Caleb Hammer?

  No.

• 1:02:00Speaker 05

  Yes.

• 1:02:01Caleb Hammer?

  $5.34, that's not Hammer Elite.

• 1:02:03Speaker 05

  It's only one I have.

• 1:02:04Caleb Hammer?

  Hammer Elite's 10.

• 1:02:06Speaker 05

  YouTube subs.

• 1:02:07Caleb Hammer?

  Is he paying, does he have a YouTube channel?

• 1:02:09Speaker 05

  No.

• 1:02:09Caleb Hammer?

  Is he paying for subscribers?

• 1:02:11Speaker 05

  No, that's the only subscription I think that I have.

• 1:02:14Caleb Hammer?

  Well, Hammer Elite is the number one and best membership on YouTube for a reason. Come join us for three premium shows every single day, Monday through Friday, including the post show for this financial audit, extra 20 minutes of every episode. Uh, but yes, okay. I mean, we'll see if I see an actual

• 1:02:27Speaker 05

  I can look it up. I don't think I have any other YouTube.

• 1:02:30Caleb Hammer?

  Well, went inside a gas station, got some bullshit, bullshit, bullshit, bullshit, bullshit, bullshit, bullshit. It's crazy. Listen, instead of going and getting some bullshit, I know you're not getting any energy drinks, but here, try this. Gamer Subs, listen, everyone's posted in the comments now that have been trying it, that it's so fucking good. Make your energy drinks at home for like 35 cents a serving, just like making your coffee at home. Get your free samples, link in the description below, type in code hammer.

• 1:02:55Speaker 05

  Is there a

• 1:02:55Caleb Hammer?

  And then get, get it off your 10, 10% off as well. Make it home.

• 1:02:59Speaker 05

  Is there a carbonated version?

• 1:03:00Caleb Hammer?

  Uh, yes, there are carbonated cans on there as well. The, the cheap versions of the powder and there's also a hydration drink version if you don't want the energy drink.

• 1:03:07Speaker 05

  I'm not a big energy drink person. The only time I do

• 1:03:09Caleb Hammer?

  Hydration one.

• 1:03:09Speaker 05

  Energy drinks is when I'm drive, traveling for work.

• 1:03:12Caleb Hammer?

  Do the hydration one. Bullshit. Parkhurst.

• 1:03:16Speaker 05

  Parkhurst.

• 1:03:17Caleb Hammer?

  TikTok shop.

• 1:03:20Caleb Hammer?

  This just happened.

• 1:03:20Speaker 05

  I knew I got a mini. Well, I don't know if that was that. That might have been vitamins.

• 1:03:25Caleb Hammer?

  Pull up your TikTok shop.

• 1:03:27Speaker 05

  Actually.

• 1:03:27Caleb Hammer?

  Pull up your TikTok shop.

• 1:03:28Speaker 05

  You know what that was?

• 1:03:29Caleb Hammer?

  No, believe it or not.

• 1:03:31Speaker 05

  That was the vitamins that are.

• 1:03:34Caleb Hammer?

  What? Cash advances or your solitaire game?

• 1:03:37Speaker 05

  That I've stopped. That was a bad habit.

• 1:03:41Caleb Hammer?

  Oh my.

• 1:03:42Speaker 05

  Uh, I don't even know how to get to TikTok shop.

• 1:03:45Caleb Hammer?

  Pull up TikTok.

• 1:03:46Speaker 05

  Oh, there we go. Okay. So orders.

• 1:03:49Caleb Hammer?

  Hey, just how about I have the phone?

• 1:03:51Speaker 05

  Okay.

• 1:03:52Caleb Hammer?

  Just like he can't download an app, you can't connect to wifi.

• 1:03:54Speaker 05

  I did connect to wifi.

• 1:03:56Caleb Hammer?

  Surrounded by them on a daily basis.

• 1:03:57Speaker 05

  To wifi. I'm old, but I'm not that old.

• 1:04:00Caleb Hammer?

  Not connected.

• 1:04:01Speaker 05

  I did connect to.

• 1:04:02Caleb Hammer?

  It's literally not there.

• 1:04:04Speaker 05

  I'm old, but I'm not that old.

• 1:04:06Caleb Hammer?

  Where's the screen recording option on your phone?

• 1:04:07Speaker 05

  I don't even know how to do that. I do know. I will admit that. I don't know how to do that.

• 1:04:12Caleb Hammer?

  How do you?

• 1:04:13Speaker 05

  I do have helium.

• 1:04:14Caleb Hammer?

  Oh, you do have helium.

• 1:04:15Speaker 05

  Both do.

• 1:04:16Caleb Hammer?

  Yeah. Really good way to save money. It really is.

• 1:04:20Speaker 05

  I've shared it with a lot of folks. It works pretty well and.

• 1:04:22Caleb Hammer?

  Yeah, it's good. Same time as T-Mobile. O positive?

• 1:04:27Speaker 05

  Yes. So those are the vitamins that are good for.

• 1:04:31Caleb Hammer?

  Vaginas?

• 1:04:32Speaker 05

  Correct.

• 1:04:33Caleb Hammer?

  Okay. We love vaginas.

• 1:04:34Speaker 05

  However, I got them and then when I was looking up the ingredients, those ingredients aren't good to take when you're trying to get pregnant.

• 1:04:42Caleb Hammer?

  So anti-vagina?

• 1:04:44Speaker 05

  It's good for vagina, but it's not good for.

• 1:04:48Caleb Hammer?

  Eggs?

• 1:04:48Speaker 05

  Conception.

• 1:04:49Caleb Hammer?

  Okay.

• 1:04:50Speaker 05

  Cause when you're on anti-anxiety medications, sometimes it doesn't work as well. Um, I'm sorry.

• 1:04:55Caleb Hammer?

  Oh, there's the physical spreadsheet. A dress. She got a dress on TikTok. Yeah, you got a dress.

• 1:05:03Speaker 05

  What?

• 1:05:03Caleb Hammer?

  There's some skincare stuff. A dress.

• 1:05:06Speaker 05

  Remember a dress.

• 1:05:08Caleb Hammer?

  I'm gonna look at your Amazon over here.

• 1:05:10Speaker 05

  Amazon's not big.

• 1:05:12Caleb Hammer?

  No, you don't even have the app downloaded.

• 1:05:14Speaker 05

  No, I order. I have to order some stuff for work on Amazon. So.

• 1:05:18Caleb Hammer?

  Subscriptions, Apple Care, Apple One.

• 1:05:21Speaker 05

  I don't even know what.

• 1:05:21Caleb Hammer?

  Pre-mom ovulation tracker. There's good.

• 1:05:23Speaker 05

  That one's good because it connects to.

• 1:05:25Caleb Hammer?

  And school alert pixel art games.

• 1:05:28Speaker 05

  That was stupid. That was a one time thing.

• 1:05:30Caleb Hammer?

  Stupid.

• 1:05:31Speaker 05

  That was a game that I was playing like every day.

• 1:05:36Speaker 05

  I did also buy a mini chain, mini chainsaw and TikTok.

• 1:05:39Caleb Hammer?

  Bullshit, bullshit, bullshit. Why?

• 1:05:42Speaker 05

  To cut down trees in my backyard.

• 1:05:44Caleb Hammer?

  Amazon. See? Housing costs. And it's always gonna happen, dude. Mo's Grill, ChatGPT, parking, Apple. Bullshit, bullshit, bullshit. Panera Bread. Bullshit, bullshit. Apple. Pizza. Bullshit. Road shop. Bullshit, bullshit. Uber. Bullshit, bullshit, bullshit. Parking, Uber. And then auto. Bullshit, bullshit. Chewy. Bullshit, bullshit, bullshit, bullshit.

• 1:06:08Speaker 05

  Chewy's not bullshit.

• 1:06:10Caleb Hammer?

  Did I say Chewy's or did I say bullshit?

• 1:06:12Speaker 05

  You said Chewy.

• 1:06:15Caleb Hammer?

  There you go. I didn't say bullshit. Burger King. Shake Shack, Shake Shack. Dunkin'. Netflix. Bullshit, bullshit, bullshit. Cracker Barrel. Solitaire Cash, Solitaire Cash, Solitaire Cash, Solitaire Cash. What the [__] were you doing? What were you doing?

• 1:06:29Speaker 05

  I forgot that was on there. It's just a app where you can-

• 1:06:33Caleb Hammer?

  And you were like spending money on Solitaire?

• 1:06:36Speaker 05

  I'm also one money. Sometimes.

• 1:06:38Caleb Hammer?

  Sometimes? That's how it usually works?

• 1:06:40Speaker 05

  That app's not on my phone anymore.

• 1:06:42Caleb Hammer?

  Good. Okay, the Kohl's card. You owe $1,512.65. Interest is accruing. You spent $870, even though you put your minimum payment towards it only. Takes nine years to pay off without spending, but you're incapable of not spending. $44 is your minimum payment. What the [__] is going on here? Why are you spending money on a credit card that is accruing interest that you cannot pay off to save your life?

• 1:07:01Speaker 05

  So that one I am nervous about, uh, mostly. However-

• 1:07:05Caleb Hammer?

  Bro, she literally had to have Colton put her phone on Do Not Disturb because she didn't know how to.

• 1:07:09Speaker 05

  Yeah, I didn't know how to do it.

• 1:07:11Caleb Hammer?

  Oh my goodness, you guys are never gonna survive. It's not the budgeting apps, it's you.

• 1:07:15Speaker 05

  Okay.

• 1:07:16Caleb Hammer?

  Do not disturb.

• 1:07:18Speaker 05

  I've never used it before.

• 1:07:21Caleb Hammer?

  Like, I'm concerned right now, but go on. Yes.

• 1:07:23Speaker 05

  So the Kohl's card, I've had that one for a long time. I would only use it when I was shopping at Kohl's. I don't even have a physical card for it. Like, they would look it up. They would look it up with my driver's license when I was shopping. Anyway, they recently sent me a virtual card, which is great. So that's the one I used to put the flights for this trip off.

• 1:07:45Caleb Hammer?

  Oh, for fuck's sake.

• 1:07:46Speaker 05

  And I said, okay, well, I'm just gonna use it for the flights and the hotel.

• 1:07:50Caleb Hammer?

  Not just that, cuz I had Kohl's and bottleneck management and Kohl's and Dolce Vita Salon and Peacock Premium. Who even the has that? Vet hospital, that one's fair, and then gas, I think.

• 1:08:03Speaker 05

  Um, so.

• 1:08:05Caleb Hammer?

  So fuck you, flights, no.

• 1:08:06Speaker 05

  Yeah.

• 1:08:07Caleb Hammer?

  Eighty-four dollars went to Southwest, that was it.

• 1:08:09Speaker 05

  Well.

• 1:08:09Caleb Hammer?

  The most expensive was the pharmacy of two hundred eighty-one dollars twenty-five cents.

• 1:08:13Speaker 05

  The flights were in the statement before this.

• 1:08:14Caleb Hammer?

  Well, there we go, so I don't really care about that. I only talked about the purchases you were doing in this statement.

• 1:08:19Speaker 05

  Yes.

• 1:08:19Caleb Hammer?

  Of which doubled your balance, of which most of it was fuck you, bull shit.

• 1:08:25Speaker 05

  Correct.

• 1:08:26Caleb Hammer?

  So what the fuck are you talking about then?

• 1:08:28Speaker 05

  Well, that's.

• 1:08:29Caleb Hammer?

  Cope, cope. Deflect to another month, the month we're not even looking at. Fuck you, look at what you did here.

• 1:08:34Speaker 05

  Yeah, so that's that one. And I'm not gonna use it anymore.

• 1:08:38Caleb Hammer?

  Yeah, I don't believe you.

• 1:08:39Speaker 05

  I don't have an actual card. And it wouldn't even let me put on my.

• 1:08:43Caleb Hammer?

  It didn't stop you. You literally just doubled the balance only after making the minimum payment on a card that is accruing interest that you cannot pay off to save your life. Oh, I'm not gonna spend on it anymore. No, that's such a bullshit deflection just to try to get out of your bad behavior that was done here. And the fact is, when you do bullshit deflections in this conversation, that means you are likely not to make progress outside of this room once you actually change. Once you actually, once you actually leave.

• 1:09:06Speaker 05

  I think that one's actually a little bit higher now, too.

• 1:09:08Caleb Hammer?

  No shit.

• 1:09:09Speaker 05

  Not much.

• 1:09:10Caleb Hammer?

  Who would have get thought? At a thirty percent interest, right? Apple card, what's going on?

• 1:09:16Speaker 05

  That was the second of the two cards that we were using and paying off every month on a regular basis.

• 1:09:20Caleb Hammer?

  That's all we do then, because we can't. Takes three years to pay off minimum.

• 1:09:23Speaker 05

  Correct.

• 1:09:24Caleb Hammer?

  Oh, six eighty-three.

• 1:09:25Speaker 05

  There's no purchases.

• 1:09:26Caleb Hammer?

  With a minimum payment, twenty-five dollars.

• 1:09:29Speaker 00

  The number one YouTube membership just got upgraded. And for this month only, you can join for free. See exclusive shows every day, Monday through Saturday. Financial Audit Post Shows, exclusive and uncensored financial audit episodes.

• 1:09:48Caleb Hammer?

  Obviously, your time, 100%, but...

• 1:09:52Speaker 00

  Including fan favorites. Audit Update.

• 1:09:55Speaker 05

  I'm seeing a therapist now.

• 1:09:57Speaker 01

  Wait, you're dating a therapist? Personally or romantically, or both?

• 1:10:00Speaker 00

  Audit Breakdown.

• 1:10:01Caleb Hammer?

  And we still don't feel with people like that, like he is at this level.

• 1:10:05Speaker 00

  And Hammer It Out.

• 1:10:07Caleb Hammer?

  Discipline into your budget, that's what I was...

• 1:10:10Speaker 00

  Plus, you'll get access to Hammer Elite Day on January 31st. No other channel offers what Hammer Elite provides. Join with the link in the pinned comment or description below. Submit proof of purchase at hammerelite.com and we'll reimburse you for your first month with a $10 digital gift card that can be spent anywhere in most countries. Sorry, North Korea, this isn't for you.

• 1:10:33Caleb Hammer?

  This is how we have to do a free trial on here because the platform doesn't currently offer free trials.

• 1:10:37Speaker 00

  It's okay.

• 1:10:38Caleb Hammer?

  Yeah.

• 1:10:39Speaker 00

  It's worth it.

• 1:10:40Caleb Hammer?

  Yeah, it is.

• 1:10:41Speaker 00

  Join Hammer Elite, the best membership on YouTube today, for free.

• 1:10:47Caleb Hammer?

  Wanna know a dirty little secret? And no, I'm not starting an only [BLEEP]. You're not broke because you suck with money, you just can't see where it's going. If your bank account is empty at the end of every month, that is not bad luck, that is bad tracking. And it's exactly why I use DollarWise. It shows you exactly where your money's going every single month. Spending, subscriptions, and savings, all in one simple dashboard. Everything you need and nothing you don't. And when you download DollarWise today, you'll get this to try for free, plus three months for just $9.99. So you can finally take control and see what your money's been doing behind your back. Click below to get started. There was no purchases.

• 1:11:26Speaker 05

  Oh, wait, no, I'm sorry.

• 1:11:27Caleb Hammer?

  Says the lady with a shit ton of purchases.

• 1:11:28Speaker 05

  I'm sorry, that was the last month that there was purchases.

• 1:11:30Caleb Hammer?

  Oh, my [BLEEP].

• 1:11:31Speaker 05

  Just got a new statement today that doesn't have...

• 1:11:33Caleb Hammer?

  You're just, you don't know anything that is going on.

• 1:11:37Caleb Hammer?

  Bullshit.

• 1:11:37Speaker 05

  I know all the balances and all the rates.

• 1:11:39Caleb Hammer?

  Bullshit, bullshit, Taco Bell, bullshit, bullshit. What's this Parkhurst?

• 1:11:44Speaker 05

  Parkhurst is the cafeteria at work. It's actually, you get a lot of food for decent price.

• 1:11:50Caleb Hammer?

  Seven dollars and forty-four cents.

• 1:11:52Speaker 05

  Yeah, that was a whole.

• 1:11:53Caleb Hammer?

  Packing a lunch is cheaper still.

• 1:11:54Speaker 05

  That was like a whole Thanksgiving meal.

• 1:11:57Caleb Hammer?

  Your little tit. Packing is cheap.

• 1:12:02Caleb Hammer?

  Okay?

• 1:12:03Speaker 05

  Okay.

• 1:12:03Caleb Hammer?

  You're stopping, stopping and again, bullshit every second of your life.

• 1:12:07Speaker 05

  I'm not.

• 1:12:07Caleb Hammer?

  Well, you can't control a fucking husband or he doesn't give a shit. It's one or the other. I don't know. Okay?

• 1:12:13Speaker 05

  I love you. So that is an old medical bill from, um,

• 1:12:20Speaker 05

  another injury.

• 1:12:22Caleb Hammer?

  What?

• 1:12:22Speaker 05

  Uh, his elbow.

• 1:12:25Caleb Hammer?

  And you think nothing's gonna hap- oh, you are, oh, how do you, how do you hurt his little elbow?

• 1:12:31Speaker 05

  Fell down the basement stairs.

• 1:12:35Caleb Hammer?

  What? How?

• 1:12:37Speaker 05

  He just tripped. The stairs are, the stairs are wood and a little, I think.

• 1:12:43Caleb Hammer?

  My stairs are wood?

• 1:12:44Speaker 05

  Yeah.

• 1:12:46Caleb Hammer?

  Oh, guys, if your stairs are wood, you'll tri- what? What is wrong with this man?

• 1:12:53Speaker 05

  I love you.

• 1:12:54Caleb Hammer?

  Stinky, smelly, nasty.

• 1:12:56Speaker 05

  I don't think you're stinky, smelly, nasty.

• 1:13:00Caleb Hammer?

  What is wrong with him? Seriously, how often, what is his, what is his like median rate of getting hurt on a yearly basis? Every three months, every two months, every one month? I don't even know.

• 1:13:10Speaker 05

  Yeah. So that one, it's weird because it's SCSI, it's State Collection Services, but it's not.

• 1:13:17Caleb Hammer?

  Oh, yeah, really? Get away from that conversation. How often does he hurt himself?

• 1:13:21Speaker 05

  Enough. Um.

• 1:13:23Caleb Hammer?

  No, how often?

• 1:13:25Speaker 05

  I don't know. Semi often.

• 1:13:29Caleb Hammer?

  Once every month, two months, three months. Come on. We have to at least be once a quarter at this point.

• 1:13:33Speaker 05

  Yeah, probably.

• 1:13:34Caleb Hammer?

  That's fucking crazy. You know that's crazy. That's crazy.

• 1:13:38Speaker 05

  I know.

• 1:13:39Caleb Hammer?

  Dude, dude, what the? Are you sure you're not trying to? Are you trying to collect life insurance here that we do not know?

• 1:13:46Speaker 05

  He does have a policy.

• 1:13:47Caleb Hammer?

  Not a denial, which is concerning. Six hundred fifty dollars is owed. So your payment's fifty, huh?

• 1:13:52Speaker 05

  Yes.

• 1:13:52Caleb Hammer?

  Okay.

• 1:13:56Speaker 05

  And it's, so it's state collection services?

• 1:13:58Caleb Hammer?

  A H N.

• 1:13:59Speaker 05

  Allegheny Network. Allegheny Health Network. That's another medical bill.

• 1:14:03Caleb Hammer?

  For what?

• 1:14:05Speaker 05

  Some previous broken ribs.

• 1:14:07Caleb Hammer?

  He broke ribs before. Doing what?

• 1:14:10Speaker 05

  I fell in the kitchen.

• 1:14:16Caleb Hammer?

  What is wrong with this man? I've never heard of anyone like this. Unless they're like,

• 1:14:23Caleb Hammer?

  like spazzing or epileptic or just like,

• 1:14:28Caleb Hammer?

  how did he fall in the kitchen?

• 1:14:30Speaker 05

  I got dizzy and.

• 1:14:32Caleb Hammer?

  Well, he needs to go see the doctor.

• 1:14:34Speaker 05

  Yes, he does.

• 1:14:35Caleb Hammer?

  Hey, stinky, go see the doctor.

• 1:14:38Speaker 05

  Can we call him something else?

• 1:14:40Caleb Hammer?

  Yeah. Go see the doctor. It means what he's doing right now. He's just sitting in his little cut corner at home while you sit here and actually try to get shit done. He's watching you with another man.

• 1:14:51Speaker 05

  Oh, he won't like that one.

• 1:14:53Caleb Hammer?

  And he'll do nothing about it because if he tries to walk towards me, he will break the other parts of his ribs.

• 1:14:58Speaker 05

  That's why he's not here.

• 1:15:02Speaker 05

  Love you.

• 1:15:04Caleb Hammer?

  Okay, so two hundred eighty-nine dollars is owed. Is there a monthly payment?

• 1:15:07Speaker 05

  Payment.

• 1:15:08Caleb Hammer?

  Of what?

• 1:15:09Speaker 05

  Oh, wait, two eighty-nine.

• 1:15:11Caleb Hammer?

  And then there's another one thirty-two.

• 1:15:12Speaker 05

  That one's done. That one's.

• 1:15:13Caleb Hammer?

  Okay, okay. Well, what's the payment for the two eighty-nine?

• 1:15:17Speaker 05

  Forty-nine.

• 1:15:18Caleb Hammer?

  Hey, minimums and payments are stacking. And yet we allow ourselves that bullshit. Good luck. What is VCA? Animal Services?

• 1:15:26Speaker 05

  That's the vet, but that was on, that's on the care credit, so that we don't need that one.

• 1:15:30Caleb Hammer?

  Okay, upgrade.

• 1:15:31Speaker 05

  Okay.

• 1:15:33Caleb Hammer?

  Twenty-four thousand dollars? And a twenty-nine point four nine percent interest rate!

• 1:15:38Speaker 05

  Well, so, this, this was-

• 1:15:41Caleb Hammer?

  What the [bleep] did you do, lady?

• 1:15:43Speaker 05

  This is the kickoff to the, the, um, series of unfortunate events with the house.

• 1:15:49Caleb Hammer?

  Which never happened in your lives.

• 1:15:50Speaker 05

  Correct.

• 1:15:51Caleb Hammer?

  So what happened that time?

• 1:15:52Speaker 05

  That is, uh, the majority of the roof replacement.

• 1:15:58Caleb Hammer?

  Why?

• 1:15:58Speaker 05

  From April.

• 1:15:59Caleb Hammer?

  Why?

• 1:16:00Speaker 05

  Why?

• 1:16:00Caleb Hammer?

  Why?

• 1:16:01Speaker 05

  Cause we needed a new roof.

• 1:16:02Caleb Hammer?

  Yeah, what happened?

• 1:16:04Speaker 05

  It was leaking.

• 1:16:05Caleb Hammer?

  Okay, so there was no incident that you could claim insurance on?

• 1:16:08Speaker 05

  No.

• 1:16:11Speaker 05

  So, that one is deferred.

• 1:16:17Caleb Hammer?

  But you said you felt rushed into it, I have a note.

• 1:16:20Speaker 05

  Yeah.

• 1:16:21Caleb Hammer?

  Why? What do you mean?

• 1:16:22Speaker 05

  So, it's one of those scenarios where the sales guy comes into your house.

• 1:16:28Caleb Hammer?

  Oh, there you-

• 1:16:29Speaker 05

  Well, we made the appointment, it's not like we didn't make the appointment. The sales guy comes in, they give you a, here's what you should do.

• 1:16:36Caleb Hammer?

  Yeah, no shit.

• 1:16:37Speaker 05

  Here's what it's gonna cost. If you, if you sign up right now, here's what this is gonna cost you. And I, I was very adamant, I was like, you know what, we're not doing this right now.

• 1:16:46Caleb Hammer?

  Yes, your adamant is really paid off.

• 1:16:48Speaker 05

  Yeah, so the only reason we were able to do it, the only way we were able to do it, was to do the zero percent no payments until May of 2027.

• 1:17:03Caleb Hammer?

  What's your minimum?

• 1:17:05Speaker 05

  There isn't a, it's zero payment. So we had it.

• 1:17:13Speaker 05

  And then-

• 1:17:13Caleb Hammer?

  On yourself.

• 1:17:14Speaker 05

  So that's so service.

• 1:17:19Speaker 05

  Yep.

• 1:17:19Caleb Hammer?

  So an extra 5,000 for the roof?

• 1:17:21Speaker 05

  Correct. So when we first signed up, they said, you know, this is the cost that we're expecting. But once we take the old chingles and everything off, we may need to, if the wood isn't good, then it might be a little bit more.

• 1:17:34Caleb Hammer?

  Oh, they were hoping.

• 1:17:35Speaker 05

  So that's what that was because we couldn't get any more on the upgrade.

• 1:17:38Caleb Hammer?

  So you owe 5,100 on this?

• 1:17:40Speaker 05

  Correct. And that one.

• 1:17:41Caleb Hammer?

  What's the payment?

• 1:17:42Speaker 05

  That one, zero. So that one's also zero payment deferred interest. And that one's till.

• 1:17:49Caleb Hammer?

  You deferred everything.

• 1:17:50Speaker 05

  So that one's till August. So that's part, that's part of the July consolidation.

• 1:17:55Caleb Hammer?

  Of your plan that you said you should make a better.

• 1:17:59Speaker 05

  Gotta start somewhere, Caleb.

• 1:18:01Caleb Hammer?

  You're assuming.

• 1:18:03Speaker 06

  You might be missing the opportunity of your year. Now might be a good time.

• 1:18:06Speaker 02

  My guy says now's the time to go all in. Real traders still hear the noise. They just know when to stop listening to it. Find and research opportunities to fit your strategy with Thinkorswim trading platforms from Schwab. Discover features like robust charting, nearly unlimited customization and built in risk management technology. Plus get 24/7 support from real trading specialists. That's Schwab Trading. Learn more at schwab.com/trading.

• 1:18:31Caleb Hammer?

  Hey, hey, hey, hey, Tit. You're assuming you're able to get a balance big enough to consolidate these really chunky balances and your credit is horrendously disgusting.

• 1:18:42Speaker 05

  It'll get better by July.

• 1:18:44Caleb Hammer?

  Not on your behavior.

• 1:18:45Speaker 05

  My husband's credit's really good. Well, and these are on my husband's credit.

• 1:18:47Caleb Hammer?

  Yeah. And what's his, uh, uh, what's his income going to show when he applies for a $40,000 consolidation?

• 1:18:55Speaker 05

  Well, hopefully this job will continue.

• 1:18:58Caleb Hammer?

  We're going on hope.

• 1:19:01Caleb Hammer?

  Oh, buddy, aye, yep. Yep.

• 1:19:06Speaker 05

  Well, let's un*** it.

• 1:19:08Caleb Hammer?

  Well, I don't know if I can. This is juicy. This is juicy. We'll see. It might be a bankruptcy if anything.

• 1:19:14Speaker 05

  No, I'd sell my house before that happened. We have enough money. We make enough money.

• 1:19:21Caleb Hammer?

  We'll see. If he has his job, you dumb.

• 1:19:26Caleb Hammer?

  Okay, what's the synchrony? Roto rooter home.

• 1:19:29Speaker 05

  Correct, so that was another thing that happened to the house.

• 1:19:31Caleb Hammer?

  See the commercials?

• 1:19:32Speaker 05

  So after the roof was done, early August, uh, the shower assembly in one of our bathrooms failed and water was leaking down into our kitchen ceiling.

• 1:19:43Caleb Hammer?

  Bro, what the [bleep] are you doing?

• 1:19:45Speaker 05

  So, um, insurance covered the, um, like remediation where they go in and cut the hole and they do the, you know, antibacterial and have the fans and all that stuff. But they didn't cover the actual plumbing fixture replacement portion of it. So that's what that is for.

• 1:20:05Caleb Hammer?

  This is gonna be endless. It's gonna be endless. This is never gonna stop and you're gonna be so [bleep].

• 1:20:10Speaker 05

  So that one's-

• 1:20:11Caleb Hammer?

  Deferred interest is horrendous. Minimum payment 50 bucks. You owe 1,900. Deferred interest ends, yeah, in about 13 months. This is, this is just good, good.

• 1:20:20Speaker 05

  That one's 122 a month to pay it off before the deferred.

• 1:20:22Caleb Hammer?

  Which I hope you do, but I don't fucking know. We need to see what the fuck this even looks like with the gun. What are we doing? What? You owe 5,000 dollars to your parents?

• 1:20:31Speaker 05

  Yes.

• 1:20:33Caleb Hammer?

  Yeah, remember when I said you're a failure?

• 1:20:35Speaker 05

  A portion of it went on that, the very first card we looked at, the slate edge. And then they paid for the rest of it.

• 1:20:41Caleb Hammer?

  Why?

• 1:20:43Speaker 05

  Why did they pay for it?

• 1:20:45Caleb Hammer?

  Yeah, it's their 40-year-old independent child.

• 1:20:47Speaker 05

  Because they always told me if-

• 1:20:49Caleb Hammer?

  Spoiled.

• 1:20:50Speaker 05

  I need anything-

• 1:20:51Caleb Hammer?

  Spoiled.

• 1:20:52Speaker 05

  That they can help me.

• 1:20:53Caleb Hammer?

  Not only that, but you've never learned your lessons and this is why you're here. Is because you have never had to change your behavior once in your life. Cause mommy and daddy were always there to bail their precious one singular daughter out.

• 1:21:07Speaker 05

  It's valid.

• 1:21:08Caleb Hammer?

  Yeah, it's valid and it's true and it's horrible and they need to stop. I'm not saying parents can help, I'm not saying they shouldn't. But what is clear is forever is you have never felt the need to change your behavior because they will always be there.

• 1:21:23Caleb Hammer?

  That's as clear as life.

• 1:21:28Caleb Hammer?

  It's clear as it gets. Oh my, okay, so my personal loan, for what?

• 1:21:33Speaker 05

  That's probably just been a rolling balance, a rolling.

• 1:21:36Caleb Hammer?

  What? A 16.57% interest rate?

• 1:21:39Speaker 05

  Well, as everyone says, it's better than the rates on the credit cards. So that's just been, that's just one of those kicking the can things that's just been a balance that's been moving around.

• 1:21:50Caleb Hammer?

  This is ridiculous. You owe $17,056.50, the minimum payment of $477.68. What is the minimum payment to your parents, by the way?

• 1:21:59Speaker 05

  A hundred a month.

• 1:22:01Caleb Hammer?

  Okay. The interest rate on this is horrendous. You're letting this sit here while you're consolidating and pushing things down the road. It's just like, this is filling up my entire notebook. And you think this is gonna be survived just with some consolidations and you're not gonna build it up again without changing your behavior because you never had to because your friends are there?

• 1:22:17Speaker 05

  I don't have a choice. I don't have a choice at this point. So that one's part of the July consolidation.

• 1:22:24Caleb Hammer?

  If it all works and you're able to get it and your income's not cut in half and you don't get laid off in this bad job market, who even knows?

• 1:22:31Speaker 05

  That won't happen.

• 1:22:32Caleb Hammer?

  You're, that's not how that works.

• 1:22:33Speaker 05

  My company has not laid off one person in 170 years.

• 1:22:37Caleb Hammer?

  Well, we'll see what they call it when they do it.

• 1:22:42Caleb Hammer?

  You know, like, good luck. Banks have closed. I don't know if you've heard this in the past couple of years.

• 1:22:50Speaker 05

  Not the type of bank that I work for.

• 1:22:52Caleb Hammer?

  Uh, we'll see. We'll see. You never know. Sure they don't lay off because then they have to give severance. What is loan number two?

• 1:23:04Speaker 05

  Alright, so I don't know why that one's on top, but I have two 401k loans.

• 1:23:08Caleb Hammer?

  Yeah, clearly you consolidating things is obviously what fixed everything and it's worked before. Why? Okay, so you owe on this one $15,040 and the other one $8,540. When did you do this and why? And then a 10% interest rate, you f-

• 1:23:23Speaker 05

  Yeah, but it's me paying myself back.

• 1:23:25Caleb Hammer?

  Kind of, to a certain point. If you lose your job or you quit, you owe it like that.

• 1:23:28Speaker 05

  No, that's not true.

• 1:23:30Caleb Hammer?

  Is it not?

• 1:23:30Speaker 05

  No.

• 1:23:31Caleb Hammer?

  Go ahead and tell me.

• 1:23:32Speaker 05

  So you, whatever balance is left converts to a withdrawal, so you have to pay taxes on it. So it's a tax bill, but it's not paying the amount back.

• 1:23:43Caleb Hammer?

  It is via your money that you have there.

• 1:23:45Speaker 05

  It's not the whole amount, it's whatever the percentage is.

• 1:23:47Caleb Hammer?

  It is still the same thing. That is what I obviously meant. You dumb-

• 1:23:51Speaker 05

  Well, then say that.

• 1:23:53Caleb Hammer?

  It is still having to do.

• 1:23:54Speaker 05

  It's not a bill that I'm gonna have to say, okay.

• 1:23:56Caleb Hammer?

  It is a bill that you are paying via your money that is in there and you're gonna have to pay taxes and early withdraw. Oh, you idiot. And it's obviously, since this 401k is not like an IRA, you have to pay taxes based on your income bracket, but you still have early withdraw.

• 1:24:09Speaker 05

  Yes.

• 1:24:10Caleb Hammer?

  Oh, my. So you're paying.

• 1:24:11Speaker 05

  But it's not.

• 1:24:12Caleb Hammer?

  So you have 10% interest on it and then you'll pay another 10% via the penalty, then another, what, 15% on the taxes? So it's like you, you have like a 35% loan if you lose or leave your job.

• 1:24:24Speaker 05

  Which I'm not planning on.

• 1:24:24Caleb Hammer?

  Which we're not planning on because no one's ever planned for any emergency ever, by the way, is how that works. I'm not planning on me, uh, losing an arm at some point, but it could happen.

• 1:24:34Speaker 05

  So that one was a failed consolidation attempt as well. The second one, the first one, which is the lower amount.

• 1:24:41Caleb Hammer?

  Take advantage of more growth in the market too.

• 1:24:43Speaker 05

  Was for a portion of the down payment.

• 1:24:45Caleb Hammer?

  Just had a nice little rebound, but I guess you don't get to enjoy that. Okay, what's this?

• 1:24:50Speaker 05

  So this is one I've never seen on your show before.

• 1:24:53Caleb Hammer?

  Great. Yes, it does look like it was written from an 1800 typewriter.

• 1:24:57Speaker 05

  That is a loan on one of my insurance policies.

• 1:25:01Caleb Hammer?

  Okay, what kind of insurance policy do you have?

• 1:25:03Speaker 05

  So I have two $15,000 insurance policies, life insurance policies that my parents purchased for me that when I got married.

• 1:25:10Caleb Hammer?

  Whole life?

• 1:25:11Speaker 05

  I don't know.

• 1:25:12Caleb Hammer?

  Typically, when you see people borrowing against that, that you, you like to see whole life for that, but.

• 1:25:17Speaker 05

  Yeah, so.

• 1:25:18Caleb Hammer?

  It's horrendous. It's a 7% loan.

• 1:25:20Speaker 05

  Yeah, but that's me paying it back to the policy.

• 1:25:22Caleb Hammer?

  I know, but that means.

• 1:25:25Speaker 05

  So that just means if that's not paid off by the time I kick the bucket, it just comes out of the amount.

• 1:25:30Caleb Hammer?

  Setting yourself up for risk, dude. You're just, you're just, you're okay with every debt and you cope and you're okay with it?

• 1:25:35Speaker 05

  Well, if you have it.

• 1:25:36Caleb Hammer?

  But this actually has to, this like, this doesn't, this doesn't come out of your prepay. Like to your 401k, that comes out of your paycheck that is hitting.

• 1:25:43Speaker 05

  Yeah, it's.

• 1:25:44Caleb Hammer?

  This is actually money you owe.

• 1:25:45Speaker 05

  It's $15 a month in addition to my regular insurance payment.

• 1:25:48Caleb Hammer?

  Okay, so I'll put it at 15 then.

• 1:25:50Speaker 05

  But that's included in the amount that I pay for my insurance.

• 1:25:53Caleb Hammer?

  Oh, it is whole life. Yep, that makes sense. That's what you're doing.

• 1:25:55Speaker 05

  So I have two.

• 1:25:57Caleb Hammer?

  Like, what do you owe completely?

• 1:25:59Speaker 05

  On that one?

• 1:26:00Caleb Hammer?

  I, I know, I, life insurances.

• 1:26:02Speaker 05

  Oh, 20, whatever that says, 20.

• 1:26:04Caleb Hammer?

  25,000, okay.

• 1:26:05Speaker 05

  No, 2,500.

• 1:26:06Caleb Hammer?

  Oh, 2,500.

• 1:26:09Caleb Hammer?

  House.

• 1:26:10Speaker 05

  Yes.

• 1:26:11Caleb Hammer?

  Good rate.

• 1:26:12Speaker 05

  Yes.

• 1:26:12Caleb Hammer?

  Cheap house, Midwest, Rust Belt. We love it.

• 1:26:14Speaker 05

  We bought our house in summer of 2019 before everything went to shit.

• 1:26:20Caleb Hammer?

  Presumably didn't refinance at a lower rate, but okay.

• 1:26:22Speaker 05

  At lower than 3625?

• 1:26:24Caleb Hammer?

  Yeah.

• 1:26:25Speaker 05

  Well, probably wouldn't be able to do that right now anyway.

• 1:26:28Caleb Hammer?

  No, not right now.

• 1:26:28Speaker 05

  No, but I mean even.

• 1:26:30Caleb Hammer?

  175,450 dollars and 39 cents is a minimum payment of 1,481 dollars and 84 cents. Still a good rate though, it's fine. But it could have been in the 2%. Then again, don't really want to refinance unless you save at least a couple of percentage points, so.

• 1:26:43Speaker 05

  And it's nice because our house is now worth probably at least a hundred thousand dollars more than we bought it for.

• 1:26:48Caleb Hammer?

  Okay, well, might be your exit plan.

• 1:26:51Speaker 05

  You're not gonna like that.

• 1:26:52Caleb Hammer?

  Well, what is this?

• 1:26:54Speaker 05

  So.

• 1:26:55Caleb Hammer?

  What did you do? You took a line of credit against your house?

• 1:26:57Speaker 05

  Yes.

• 1:26:58Caleb Hammer?

  So it's not worth an extra 100,000 that you owe on it?

• 1:27:00Speaker 05

  Well, the house is worth, we just don't have as much equity in it.

• 1:27:03Caleb Hammer?

  Yeah, your equity is practically nothing now, again, probably.

• 1:27:06Speaker 05

  Our house, we bought our house for 2075, it's probably worth at least 300,000 now.

• 1:27:12Caleb Hammer?

  And you owe total across the board about.

• 1:27:15Speaker 05

  260 something.

• 1:27:16Caleb Hammer?

  Yeah, about 270. About 270, so after selling, after paying 6%, after, you're breaking even at best. And that's not even true because you got money you owe on a new roof, got money you owe on new systems that are all in the houses that you're not picking up and taking with you. So no, you've lost money so far. You have negative in general at it all together on this house than you would get for it.

• 1:27:38Speaker 05

  Money's probably, probably gonna get worse.

• 1:27:40Caleb Hammer?

  Other debts when you don't own the house, but not on this one, not on your mortgage, and you'd probably just break even. So no, you say in worst case emergency, I'll just sell my house and use it to pay off the debt. You wouldn't walk away with anything.

• 1:27:50Speaker 05

  No, not necessarily use it to pay off the debt.

• 1:27:52Caleb Hammer?

  Well, you wouldn't walk away with anything and your rent would probably be the same amount anyway. Well, I mean, now that we have this at an 8.24% interest rate of insanity and with an extra 695 dollars 60 cent

• 1:28:05Caleb Hammer?

  payment added to your life.

• 1:28:06Speaker 05

  So do you want to know what that paid?

• 1:28:08Caleb Hammer?

  Sure. Yeah, give it to me.

• 1:28:10Speaker 05

  So when COVID hit.

• 1:28:14Speaker 05

  We were able to take a one-year forbearance on our mortgage.

• 1:28:18Caleb Hammer?

  Uh huh.

• 1:28:18Speaker 05

  So we didn't pay our mortgage for a year.

• 1:28:21Caleb Hammer?

  Did you need to?

• 1:28:22Speaker 05

  Yes. Um, because my husband wasn't getting as many hours at work.

• 1:28:29Caleb Hammer?

  Is he now broken? Okay, whatever.

• 1:28:33Speaker 05

  So a couple of years later in 2022, there were some other things that we wanted to pay off.

• 1:28:40Caleb Hammer?

  Oh, great. Again, showing that your consolidation is really successful and it's worked every single time.

• 1:28:46Speaker 05

  When we did that forbearance, the amount that we didn't pay was added as a second lien onto our house.

• 1:28:52Caleb Hammer?

  Okay.

• 1:28:52Speaker 05

  So we paid that off.

• 1:28:54Caleb Hammer?

  Okay, okay. That's all your debt, right?

• 1:28:57Speaker 05

  I think so.

• 1:28:57Caleb Hammer?

  Okay, it only filled up my entire notebook.

• 1:29:00Speaker 05

  I think that's it.

• 1:29:03Caleb Hammer?

  Balance prior to statement started at 42 cents in this second account, ended at 50, 45. Then why did I see so much bullshit being spent on those credit cards? Moron. Zelling out 50 bucks.

• 1:29:15Speaker 05

  That was to my mom.

• 1:29:15Caleb Hammer?

  Another YouTube, four bucks.

• 1:29:17Speaker 05

  That was a movie, I think.

• 1:29:19Caleb Hammer?

  It's horrendous. And then, yeah, money back and forth. Okay, $2.49 on this one, started with 15. Solitaire, solitaire.

• 1:29:25Speaker 05

  Yeah.

• 1:29:26Caleb Hammer?

  Chipotle, bullshit, bullshit, bullshit, bullshit, bullshit, bullshit, bullshit. Borough of something, bullshit, bullshit, bullshit. Why are we allowing this? This is unacceptable and disgusting and horrendous and stupid. TikTok shop again, 50 bucks, bullshit. Hotmart?

• 1:29:43Speaker 05

  Hotmart.

• 1:29:43Caleb Hammer?

  Coffee, Chipotle, bullshit. Auto something, Dunkin' Donuts, bullshit, bullshit. Giant Eagle, bullshit, bullshit, Dunkin', bullshit, bullshit. Only probably went and got some bullshit by this trend. Auto something again, but it looks like just bullshit. Honestly, at the price. Zelling out 50 bucks.

• 1:30:02Speaker 05

  That's to my mom.

• 1:30:03Caleb Hammer?

  Apple bill, bullshit, bullshit. Cafe, Youngin's House, Get Go, bullshit, bullshit, bullshit, bullshit.

• 1:30:11Caleb Hammer?

  Giro Cafe, Dunkin', bullshit, bullshit, bullshit. This is insane. All to have a few bucks in our checking account. So stupid. Stupid. How would you even allow that? What a joke. Okay, so yeah, 401k 88 is nice for your age.

• 1:30:27Speaker 05

  It's probably, it's at almost 99 now.

• 1:30:29Caleb Hammer?

  Yeah, but you owe against it. Of what? How much again?

• 1:30:33Speaker 05

  Uh, 15 total, I think. Max actually, so I was doing 6% to my 401k. Cause they do, they match the first 3% and then they do half of the next 3%. But I just recently switched it down to just the 3% to try to put towards the plan that you love.

• 1:30:56Caleb Hammer?

  Well, that might be good. It might be bad. I don't know. Cause it's still 50% return on your money. But let's see if you have the wiggle room.

• 1:31:02Speaker 05

  Cause he doesn't have a 401k at all.

• 1:31:04Caleb Hammer?

  Well, he doesn't have anything and likely a job soon. Okay, not including your mortgage, your total debt payments are $1,785.11. Your mortgage is $1,481.84. All utilities combined, gas, electric, trash, blah, blah, blah, blah, blah. Internet, how much?

• 1:31:22Speaker 05

  600.

• 1:31:24Caleb Hammer?

  600? Okay. Phone bill. Helium.

• 1:31:28Speaker 05

  Helium, we're both on helium. Uh, both of us together is like 55. Cause I have the upgraded plan.

• 1:31:33Caleb Hammer?

  You've got the upgraded. That's good. Gas from drive, drive, both of you together.

• 1:31:36Speaker 05

  250.

• 1:31:37Caleb Hammer?

  It's cheap. Car insurances.

• 1:31:40Speaker 05

  Uh, car, life insurance, um, personal articles and home warranty is, um, 300.

• 1:31:49Caleb Hammer?

  Okay, 300 and that's outside of the whole life we already looked at?

• 1:31:53Speaker 05

  That includes that 15.

• 1:31:54Caleb Hammer?

  Okay, I'm gonna minus that, uh, what was the whole life?

• 1:31:57Speaker 05

  $15.

• 1:31:59Caleb Hammer?

  Yeah, minus the 15, cause I put that in your debt. So 285. Groceries, you could do 600. Follow the meal plan and the debt class. Follow the cookbook and download the Dollar Wise app. You get it for free forever, all of it. TP fund, anything else you need to survive should be about 200 for this house. Include that from him going to the damn doctor. Medical healthcare, copays stuff on a monthly basis, you're probably in therapy, you look like it, no?

• 1:32:25Speaker 05

  Probably should be, but I'm not. Um, no, nothing on a regular basis, medications are all covered.

• 1:32:30Caleb Hammer?

  Subscriptions, I'll try.

• 1:32:32Speaker 05

  I don't even really, well, I guess I have those Apple ones. I don't even know what Apple one is, but I have it.

• 1:32:36Caleb Hammer?

  Pen insurance is to 50. Is there only one pet?

• 1:32:39Speaker 05

  Two.

• 1:32:39Caleb Hammer?

  Shit, let's do 100. Anything else that needs to be in the budget that I have not put in yet?

• 1:32:45Speaker 05

  I don't think so.

• 1:32:48Caleb Hammer?

  Yeah, I mean, we shouldn't have wiggle room here as long as he has his job.

• 1:32:52Speaker 05

  That's what I mean. I know we have enough money to.

• 1:32:54Caleb Hammer?

  If he has his job, that is the big thing. Dude's in and out of jobs left and right, and in and out of literally falling and breaking his body left and right. Certainly don't have enough for the spending you're doing, because you barely make it. You're making it by less than a thousand dollars. You need $5,385.95 to survive on a minimum monthly basis. And so you got an extra 863.05. That's while he has a job. If he doesn't, you guys are broken, this plan falls apart in every way whatsoever. I wouldn't consolidate unless you can change, you show that you change your behavior and follow this budget, which includes him, not just you. Because there's no point in doing this if you fix it and then he doesn't, because you'll still rack up the debt again. I'll allow the consolidations if, one, you actually get approved for them, and two, you change your behavior for at least a few months.

• 1:33:36Speaker 05

  I'll always show you my spreadsheet. I'm very proud of it.

• 1:33:39Caleb Hammer?

  Okay, with this 863, I mean, it still takes 203 months to pay off even with that, which is 16 years. So yeah, I'm okay with the consolidation, but only if you prove you changed your behavior for at least two to three months, including him. So he needs to have a hard conversation. Your job from here is to certainly follow the budget and for him to keep his job. But more than anything is to have a conversation, be on the same page. If you guys aren't on the same page about your budget spending and everything like that, I didn't put a cigarette fund in here, and that shit's expensive.

• 1:34:04Speaker 05

  Right.

• 1:34:04Caleb Hammer?

  Then there is no point of us having this conversation, no point of you trying to do anything, because he will hold you back forever. And that includes if he changes and you don't, because then you'll hold him back.

• 1:34:13Speaker 05

  I don't want to put it all on him.

• 1:34:15Caleb Hammer?

  Spending in a budget of which you probably did incorrectly on your score online, because you don't know, is zero out of 10. Debt, there is collections, which I don't think you reported correctly, zero out of 10. What?

• 1:34:28Speaker 05

  That collections doesn't come up as a collections on either of our credit.

• 1:34:32Caleb Hammer?

  But it is there. You tit.

• 1:34:34Speaker 05

  Okay.

• 1:34:34Caleb Hammer?

  It's there. You said it's there. You're paying on it.

• 1:34:37Speaker 05

  Yeah, but it's not on our credit.

• 1:34:39Caleb Hammer?

  Just off. Emergency fund. I didn't see anything. There are 10 retirement. This is the one thing. It's okay, but you do have a debt against the, what have you got? So it's like $75,000. Um, still it's your income where you're making what 65 a year?

• 1:34:53Speaker 05

  65 a year.

• 1:34:53Caleb Hammer?

  65 a year. That should be about 130, 130 in two years and you're at 75. So you're about a six out of 10 there. Real estate. Yeah, with what you've done with the equity position and you know, all the things you put into and you're not going to, you wouldn't walk away with the profit. That's for sure. Um, it's, it's, it's a five out of 10. Maybe. Okay. Right. That's the only thing going for it. So if you actually answered the quiz correctly, what you would probably get is a 2.5 out of 10.

• 1:35:24Speaker 05

  Exactly what I said.

• 1:35:25Caleb Hammer?

  Get yours at Calebhammer.com for free. Now join us in the post show, an extra 20 minutes of this in every single episode. And three premium shows posted every single day by clicking that join button and joining Hammer Elite. I'll see you guys there. You wanted to admit something to us that you were doing behind corporate's back.

• 1:35:42Speaker 05

  I do have a corporate credit card for corporate expenses, but sometimes I've had to use it for other things.

• 1:35:50Caleb Hammer?

  Had to other things. What?

• 1:35:53Speaker 05

  Spending.

• 1:35:54Caleb Hammer?

  And they don't know about this?

• 1:35:58Caleb Hammer?

  Join us Saturday, January 31st for Hammer Elite Day, a five hour live stream featuring all of your favorite shows, but done live with you. See you there.

• 1:36:09Caleb Hammer?

  New and exclusive holiday decor just launched online at the Home Depot. Check out the viral Grand Duchess collection with smart holiday lights you can control from your phone. Easily customize the twinkle across trees, wreaths and garlands to match your holiday vibe. Creates stunning light effects, then switch it up with the tap of your fingers. Even the man in red will be impressed. Shop the holiday decor you want online only at HomeDepot.com.