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Transcript 17,658 words · 8 speakers
Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.
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0:30 Speaker 01 Now streaming on Paramount Plus.
0:33 Speaker 02 I'm Dexter Morgan. I've been killing killers for half my life. It gets to you.
0:38 Speaker 03 You're having a midlife crisis.
0:39 Speaker 02 I'm not ready for this.
0:41 Speaker 01 He's back.
0:42 Speaker 02 I'm older. I'm wiser.
0:45 Speaker 01 And sharper than ever.
0:47 Speaker 02 Things are gonna get messy. But if I can't believe in myself, I can't believe in anything.
0:54 Speaker 01 Dexter Resurrection. New season now streaming on the Paramount Plus Premium Plan.
1:00 Caleb Hammer? To watch episodes of Financial Audit a week earlier, check us out on YouTube. A six-month-pregnant girlfriend? You're saying he's with the mother of his child still? You are actively trying to sleep with him.
1:10 Speaker 05 Who is he cheating on, though? Is it me or is it her?
1:13 Caleb Hammer? Financial Audit? What the [bleep] is happening right now? The dude has a [bleep] family?
1:19 Speaker 05 I know it sounds like I'm the trash.
1:21 Caleb Hammer? How old does it sound? How old is Sam?
1:24 Speaker 05 He's 40 years old now.
1:28 Caleb Hammer? Download my new simpler budget app today and take control of your money once and for all.
1:35 Speaker 05 Hi, I'm Haley. I'm 27 years old from Florence, Alabama, and this is Financial Audit.
1:41 Caleb Hammer? Florence, Alabama? Yeah, you certainly are. Thanks for coming down to Austin. What do you do for a living in Florence, Alabama?
1:48 Speaker 05 Okay, I don't think it's that thick, first of all. But I am a manager at a major retailer.
1:54 Caleb Hammer? Cool. What kind of level of manager? Because that can range widely.
2:00 Speaker 05 Right, so like at this company, it goes like district manager, store manager, and then me. So there's like two levels between me and the store manager.
2:07 Caleb Hammer? Which one are you?
2:09 Speaker 05 I'm the assistant manager.
2:12 Caleb Hammer? Okay, how much you making?
2:14 Speaker 05 So I make sixty five a year, I'm salary.
2:15 Caleb Hammer? Thousand, not bad for, I don't know Florence specifically, but Alabama's not one of the more expensive states to live in.
2:23 Speaker 05 No, it's pretty good, um, like the cost of living is really low and then like the housing is low, so.
2:30 Caleb Hammer? Okay, so how is life in Florence with this job? How are we doing?
2:35 Speaker 05 So I mean, I feel like I'm doing okay, but then like somehow I'm still in debt, so.
2:40 Caleb Hammer? What do you think is causing that? If we're doing okay.
2:44 Speaker 05 I think mainly it's like the bills and then sometimes I do like spend a little bit of extra. You know, I have to go to like TJ Maxx and stuff like.
2:52 Caleb Hammer? Have to, what, what do you mean have to go to TJ? What is have to go to TJ Maxx?
2:56 Speaker 05 It's like I have to, it's, it's a necessity.
3:00 Caleb Hammer? No, what part of it is a necessity?
3:02 Speaker 05 Well, I go there and like I have to get all my skincare stuff from there.
3:05 Caleb Hammer? From TJ Maxx?
3:06 Speaker 05 Have you ever been to TJ Maxx? Do you, do you not TJ at all now? They have.
3:11 Caleb Hammer? I don't know if I've been to a TJ Maxx.
3:13 Speaker 05 You would ever need, like they have like all my eye serums that I need, which obviously, cause I'm getting a little bit. My, my wrinkles are.
3:22 Caleb Hammer? What are you, you're twenty seven?
3:24 Speaker 05 Yeah.
3:25 Caleb Hammer? Uh, your retinal, okay.
3:26 Speaker 05 Yes, I have to get the retinal.
3:28 Caleb Hammer? Yes, of course, of course, of course. Okay, that's your have to go to TJ Maxx, okay. What are you spending on that on a monthly basis? You're, that's why you're in debt is because of TJ Maxx for your skincare?
3:38 Speaker 05 I mean, I wouldn't say like in debt, but I think that's like a necessity and then there's like stuff that comes up, you know. Throughout the weeks and months and like I have to get.
3:48 Caleb Hammer? What hits your account on a monthly basis?
3:51 Speaker 05 I think it's eighteen thirty?
3:54 Caleb Hammer? Monthly.
3:55 Speaker 05 Eighteen thirty?
3:57 Caleb Hammer? Monthly.
3:58 Speaker 05 Oh, three thousand six hundred.
4:03 Caleb Hammer? Do you know what monthly means? Just wanna
4:05 Speaker 05 Yes.
4:06 Caleb Hammer? Confirm we're on the same.
4:07 Speaker 05 Well, I think weekly. Maybe it's every.
4:09 Caleb Hammer? You're paid weekly?
4:10 Speaker 05 No, I'm paid bi-weekly.
4:12 Caleb Hammer? What's, what are you talking about?
4:15 Caleb Hammer? What are you talking about weekly?
4:16 Speaker 05 Bi-weekly, I think.
4:17 Caleb Hammer? Three thousand seven hundred came in for payroll.
4:19 Speaker 05 Okay.
4:20 Caleb Hammer? Okay?
4:20 Speaker 05 Yeah.
4:21 Caleb Hammer? Does that sound about right?
4:22 Speaker 05 That actually sounds a little bit higher than... But yeah, that's, that's.
4:26 Caleb Hammer? It's salary, so there's no...
4:28 Speaker 05 There is no overtime or like extra or anything.
4:30 Caleb Hammer? How many hours a week are you working?
4:32 Speaker 05 So it's base fifty, but then like if you have to work extra.
4:34 Caleb Hammer? Fifty?
4:35 Speaker 05 Yeah, you have to work extra.
4:36 Caleb Hammer? Base, okay, and that's, oh, okay, okay, so what is it, nine to, like, how, what does that look like?
4:42 Speaker 05 Normally, my schedule is like a seven to five, or like a ten to eight, twelve to ten, that kinda thing.
4:47 Caleb Hammer? Oh shit, so it's not consistent?
4:49 Speaker 05 No, it changes.
4:50 Caleb Hammer? How many assistant managers are there?
4:51 Speaker 05 There's six total.
4:53 Caleb Hammer? Okay.
4:55 Speaker 05 I don't want to.
4:57 Caleb Hammer? Okay, that doesn't, come on. One, I'm offended. Two, that also wasn't the actual request, my gosh, okay.
5:06 Speaker 05 I didn't know if you were asking or suggesting, or?
5:08 Caleb Hammer? Well, there's probably incest happening there, so I don't wanna get a taste of that anyway. Three thousand seven hundred, so that's what happens on a monthly basis?
5:15 Speaker 05 Yeah.
5:16 Caleb Hammer? Alright, cool, so you're in debt because of TJ Maxx, apparently, because you have to go to TJ Maxx. So, how much did you spend last month, if that's the paycheck that hits? And apparently a little high on your end, but okay, sure, so what, what did you spend? What'd you spend last month?
5:32 Speaker 05 I'm gonna say, I don't think I went over my paycheck because I very rarely do.
5:36 Caleb Hammer? Okay.
5:37 Speaker 05 I think I, I stay pretty much underneath, so I'm gonna say like, I think for sure, three thousand.
5:44 Caleb Hammer? Five thousand twenty-six dollars, what the fuck are you talking about?
5:47 Speaker 05 There's no way.
5:47 Caleb Hammer? That is what was spent.
5:52 Caleb Hammer? Also known as some credit cards.
5:55 Speaker 05 Well, no, I'm pretty sure that expense came from like, the vacation that I had, I had to take.
6:01 Caleb Hammer? What, that doesn't count? Vacations, money that...
6:05 Caleb Hammer? No, what are you talking about? Do you think that does not count towards your spending? Because it's a vacation.
6:10 Speaker 05 What I'm saying is like, that's not a normal.
6:12 Caleb Hammer? I don't care if it's normal, that's what you did. I don't care if it's normal.
6:15 Speaker 05 It's not a normal month, though, that's like.
6:17 Caleb Hammer? But that doesn't, do you realize that does not matter?
6:19 Speaker 05 That was just for the vacation that we were, that I was gonna take.
6:23 Caleb Hammer? I get it. But do you not realize that that doesn't matter whether or not it's a normal month? It literally did happen.
6:29 Speaker 05 Yeah. But I was saving, I was actually saving up for this vacation, so like I was taking a little bit out of my paychecks. Like, every month.
6:38 Caleb Hammer? How much was it, what did, where'd you go?
6:40 Speaker 05 I went to Orange Beach, which I've never been.
6:42 Caleb Hammer? Orange Beach what?
6:43 Speaker 05 Like, Orange Beach, Alabama.
6:45 Caleb Hammer? So you stayed in Alabama?
6:46 Speaker 05 Yeah. Well, I was originally gonna go to Florida, and we were gonna go to Universal for Halloween Horror Nights. So cool, like, love it.
6:55 Caleb Hammer? What?
6:55 Speaker 05 But Halloween Horror Nights.
6:56 Caleb Hammer? Yeah, well, you and your friends?
6:58 Speaker 05 Me and my brother and his wife, we were gonna go.
7:00 Caleb Hammer? You and your brother?
7:01 Speaker 05 Yeah.
7:01 Caleb Hammer? Okay. Future husband?
7:04 Speaker 05 Already, actually.
7:07 Speaker 05 No, no, I'm just kidding, no, no, not really, but um, he was actually gonna pay for like, the tickets and everything for me. It was like, you know, his treat, basically, because he knew like, I was having a hard time and we had already planned this out.
7:19 Caleb Hammer? But, but that's just the tickets, you would've still spent money going there.
7:22 Speaker 05 No, he was gonna pay for everything.
7:23 Caleb Hammer? Everything, then why would you need to save up money for the trip?
7:25 Speaker 05 He was paying for the rental car, he was gonna pay for like, the place we stayed at, and he was actually gonna pay for my ticket.
7:30 Caleb Hammer? Why would you need to save up money then?
7:32 Speaker 05 Well, I was gonna save up money for like, food. Like.
7:34 Caleb Hammer? There you go, so like I said, you have to spend while you're there.
7:37 Speaker 05 Yeah.
7:38 Caleb Hammer? So he wasn't covering that, it wasn't expensive, pay.
7:40 Speaker 05 For it, like, I was skipping like, a Friday here and there, and like, a Red Bull here and there, I was skipping.
7:44 Caleb Hammer? That saving is cutting back on like, the bull**** kind of expenses, so it's not even like, money that would've gone towards the debt anyway, it's money that would've gone towards spending for bull****.
7:53 Speaker 05 Well, I do have a little bit of extra left over at the end of the month, like, I have like, two hundred dollars left over.
7:58 Caleb Hammer? What the **** are you talking about? You spent five thousand dollars, you brought in three thousand seven hundred. You don't know what you're talking about, well, no, there is not money left over.
8:06 Speaker 05 Well, when I make my.
8:06 Caleb Hammer? Why would your debt be going up? Why would you have debt if you have a little left over?
8:11 Speaker 05 Well, when I make like my budget for the month.
8:15 Caleb Hammer? Then why do you have debt?
8:16 Speaker 05 There's normally like.
8:17 Caleb Hammer? Why do you have debt?
8:18 Speaker 05 I don't know.
8:20 Caleb Hammer? Why? You make a budget, so you should know.
8:22 Speaker 05 I think like the debt accumulated over time.
8:25 Caleb Hammer? How?
8:26 Speaker 05 So I had like a little mid twenties breakdown, like a little. A little.
8:31 Caleb Hammer? It is mid twenties. It's not even mid twenty, yeah. Oh, your, your age, mid twenties. Yes, yes, yes, yes. Okay. Uh, you're twenty seven, so two years ago?
8:41 Speaker 05 Well, I was like twenty four, twenty five, something like that. Mental breakdown, right? Like a lot going on personally.
8:50 Caleb Hammer? What?
8:52 Speaker 05 Well, you know, um, I started like my salary job and I actually.
9:01 Speaker 05 I started working in salary, right? Promotion, more money, great, different store, doing good, right?
9:07 Caleb Hammer? So good.
9:08 Speaker 05 Um, but I actually, when I moved to the new store, I found out that my boyfriend that I was with was actually with somebody else. And we had been seeing each other for like, close to two years. He actually had a girlfriend and she was like six months.
9:21 Caleb Hammer? He had a girl, a six month pregnant girlfriend?
9:24 Speaker 05 Yeah, so I found this out and um, I mean, that was hard.
9:28 Caleb Hammer? Again, I mean, that's what happens when you live in a place called Florence, Alabama. Really, I mean.
9:33 Speaker 05 And it just so happened that like the store I transferred to, she, well, her family lived there and like they would come in with a baby. And it was so hard, but I was like, okay, you know, I was like, I'm doing it still, I'm.
9:45 Caleb Hammer? How, how'd you find out?
9:47 Speaker 05 I actually found out because I was like on like a little project, like a little salary project, my first little thing as like a salary member of management. In his hometown. So like, we live forty five minutes away. I live in a town over here and he lives over here. We're like forty five minutes different. So that's why it was like so easy, I think, for him to, had having a girlfriend.
10:06 Caleb Hammer? How'd you find out?
10:07 Speaker 05 And the baby. But, so the way I found out is because I'm working at the store in his hometown and there's this guy there. And we're like talking about, because this guy's a tattoo artist, right? And me and the guy are like talking about his tattoos and he's like, I actually get my tattoos done by this guy, or I used to. But then he stole my girlfriend from me and I was like.
10:27 Caleb Hammer? Oh my gosh, no.
10:28 Speaker 05 I have never dated this guy, like, I thought I was his girlfriend, but. Obviously not, so that's how I found out that he had a girlfriend that was not me.
10:37 Caleb Hammer? Then what happened, you broke up?
10:38 Speaker 05 Yeah, I mean, I.
10:40 Caleb Hammer? Yeah, no, totally fair.
10:41 Speaker 05 You know, I found out he had a girlfriend and I found out she was six months pregnant, so yeah, like.
10:45 Caleb Hammer? That's crazy. So were you the side piece?
10:50 Caleb Hammer? That's for two years you were the side piece? Did you tell her?
10:54 Speaker 05 I did.
10:55 Caleb Hammer? And?
10:56 Speaker 05 Um, it was like, it was a whole thing.
10:58 Caleb Hammer? Are they still together?
10:59 Speaker 05 They are, but like.
11:02 Speaker 05 So we actually continued to talk to each other.
11:05 Caleb Hammer? No, for how long? Well, that drawn out, that drawn out process, I mean, that's gonna fuck you in so many different ways.
11:12 Speaker 05 Talking for eight months because I was like, I can't, like, this is, I can't do this. So we stopped talking for like eight months and then he texts me one day and he's like, you know. Yeah, basically, he's like, hey, what up, kind of thing, but um, we started talking again.
11:29 Caleb Hammer? What's talking?
11:30 Speaker 05 No, no, no, no, no, no, we just started talking, like.
11:33 Caleb Hammer? Even though he was with his lady that had a baby. But and you knew you were the side piece at that point and you were okay with that?
11:42 Speaker 05 Well, I mean, like two years is a long time, you know, and like you become attached to somebody. And I was a little bit attached.
11:50 Caleb Hammer? He's had a kid though, uh, well, I mean, obviously he's probably a serial cheater, what?
11:55 Speaker 05 Definitely, probably, yeah, most likely, hundred percent, actually, I'm sure.
11:59 Caleb Hammer? How long did you guys keep talking?
12:01 Speaker 05 Um, last time I spoke to him was in June.
12:04 Caleb Hammer? This isn't that long, you go wait for how long were you talking?
12:07 Speaker 05 Um, we have been doing this back and forth, like on.
12:10 Caleb Hammer? You're never gonna move on, you're never gonna move on.
12:14 Speaker 05 It's been six years.
12:15 Caleb Hammer? Six fucking years, you're never gonna move on, how old's his kid now?
12:19 Speaker 05 She is five years old now.
12:23 Caleb Hammer? What the Have you, okay, let me ask this question, sorry. This is a little more like TMZ T-Sip for a second, but Listen, I enjoy myself a little steaming glass here and there, so I gotta ask this, but then we're gonna jump into the money, but uh Uh
12:41 Caleb Hammer? In that time?
12:42 Speaker 05 Such an inappropriate question, I don't know if I can answer that, oh my goodness.
12:46 Caleb Hammer? Yes.
12:47 Speaker 05 It's a loaded question.
12:48 Caleb Hammer? That's a, yes. Really?
12:52 Speaker 05 Really?
12:52 Caleb Hammer? How, when's like the last time?
12:54 Speaker 05 No, it hasn't, like, I haven't actually, we haven't actually like been together, been together.
13:00 Caleb Hammer? Come on, when was the last time you guys?
13:02 Speaker 05 Like, December, we were actually together.
13:05 Caleb Hammer? But you're saying he's with the mother of his child still? And you're a lot, you are try, actively trying to sleep with him during those times?
13:13 Speaker 05 No, no, no, no, no, no, no, no, no.
13:15 Caleb Hammer? But you did, you did, over the past few years.
13:18 Speaker 05 It was always like, he would call me and he'd be like, we're not together anymore. He would tell me that they weren't together.
13:23 Caleb Hammer? How many times is he telling you that?
13:25 Speaker 05 The last time he told me they weren't together.
13:26 Caleb Hammer? And after he cheated on you the first time, or cheated on her with you the first time?
13:29 Speaker 05 Who is he cheating on, though? Is it me or is it her?
13:32 Caleb Hammer? Her, I think.
13:33 Speaker 05 I don't know, cuz I, I don't know.
13:38 Caleb Hammer? Um.
13:40 Speaker 05 But, like.
13:41 Caleb Hammer? That's a little like.
13:42 Speaker 05 He told me they weren't together, no.
13:44 Caleb Hammer? Yeah, but how many times can you believe that over and over again, especially for someone that cheated on you? He cheated on you and you're okay?
13:50 Speaker 05 I texted her, I texted her, and I was like, hey, just so you know, this is what he's told me, he told me y'all are not together anymore. You've moved out, like,
13:57 Caleb Hammer? Mm-hmm.
13:58 Speaker 05 I just wanna make sure we're all on the same page this time.
14:00 Caleb Hammer? If he sticks it in?
14:01 Speaker 05 Cuz we've done this over and over, so like, I just wanna clear everything up.
14:04 Caleb Hammer? This dude better be fucking hot.
14:07 Speaker 05 Well, I mean, I think he's handsome, he's like, It's like a Joe Dirt.
14:11 Caleb Hammer? No, this is usually like a post-show conversation. We, we, we, we, we.
14:16 Speaker 05 But, like, you know, you gotta love it, like, you think my accent's sick?
14:19 Caleb Hammer? Okay, show me a picture.
14:21 Speaker 05 You wanna see a picture of him?
14:22 Caleb Hammer? Yes, we'll get into finances in a second, sorry guys.
14:24 Speaker 05 Okay, you have to be like, you have to be honest and tell me if it's just like.
14:27 Caleb Hammer? It's like, if I do anything, it's
14:30 Speaker 05 Do I just have rose-colored glasses on?
14:32 Caleb Hammer? Huh?
14:33 Speaker 05 Do I have like rose-colored glasses on?
14:34 Caleb Hammer? Well, maybe, I don't know, you're probably
14:36 Speaker 05 Or is he handsome?
14:37 Caleb Hammer? There's like five people that live in Florence, right?
14:38 Speaker 05 I only have one picture of him.
14:39 Caleb Hammer? How old is this man?
14:42 Speaker 05 He is, um, He's forty years old. He turned forty in November.
14:52 Speaker 05 But you know, when you love somebody and you just love him so much and you just can't and like that's how much I loved him.
15:01 Caleb Hammer? This dude is a great man.
15:04 Speaker 05 Wait, did you look at the picture good though?
15:07 Caleb Hammer? Yeah, I looked at it pretty well.
15:09 Speaker 05 Well, I don't have another picture of him, but
15:11 Caleb Hammer? Nor do I want to see another.
15:12 Speaker 05 Bluest little eyes.
15:13 Caleb Hammer? Um.
15:14 Speaker 05 I mean, I liked him.
15:16 Caleb Hammer? No, conventionally attractive to a certain point, sure. Uh, he
15:22 Speaker 05 Maybe that wasn't the best picture.
15:24 Caleb Hammer? Was.
15:27 Caleb Hammer? He's been since you were twenty one and he was
15:30 Speaker 05 We met when I was twenty one and he was
15:31 Caleb Hammer? Thirty.
15:32 Speaker 05 Thirty four.
15:34 Caleb Hammer? Four.
15:35 Speaker 05 Yeah.
15:35 Caleb Hammer? Yeah, Twitter's not gonna like that one. All right, it's twenty twenty five, the new year, new me, right? If one of your goals is to finally start investing, but you're thinking, uh, I don't have the budget for that. Let me stop you right there. Today's sponsor, Mumu, makes investing fit into your budget, no matter what it looks like. With tools like fractional shares, you can start investing with as little as five bucks. That's less than those taquitos you tend to overspend on. Don't lie to me. Plus, Mumu charges zero commissions on stocks, ETFs and equity options. That means more of your money goes into your investments and less into fees. Because you deserve more potential for compound growth. And if you're not sure where to start, Mumu's got your back.
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16:58 Speaker 05 Well, I don't think that's like that big of an age gap, honestly.
17:01 Caleb Hammer? It's a pretty big gap. Whether or not it's inappropriate, it's up to the individual. It's a pretty big gap regardless.
17:07 Speaker 05 Right?
17:07 Caleb Hammer? Huh?
17:08 Speaker 05 We're in Tennessee, so.
17:09 Caleb Hammer? Huh?
17:10 Speaker 05 We're in Tennessee.
17:13 Speaker 05 So it doesn't really matter, I don't think, does it?
17:15 Caleb Hammer? What the fuck does that mean?
17:16 Speaker 05 Well, I think like the age of consent there is like sixteen, which
17:20 Caleb Hammer? You're in Alabama.
17:22 Speaker 05 Well, I am now, but originally Tennessee.
17:27 Speaker 05 Maybe you didn't see a good picture. Hold on. Cause like if you could say-
17:31 Caleb Hammer? This is a fucking financial audit. What the fuck is happening right now?
17:34 Speaker 05 I don't know.
17:35 Caleb Hammer? This is, that's insane. You're literally, the dude has a fucking family and uh, you say, you-
17:41 Speaker 05 Okay, let's not talk about it like that though. Let's not talk about it like that though.
17:44 Caleb Hammer? You told me with your own words that he is with her.
17:47 Speaker 05 Yes.
17:49 Speaker 05 I know it sounds bad and it sounds like-
17:51 Caleb Hammer? How old is his-
17:55 Speaker 06 It's me, the-
17:58 Speaker 06 We don't need the jingle twice.
18:01 Speaker 06 Stop it. This is about vacation inflation and how Priceline negotiates amazing deals on hotels, flights, and rental cars.
18:10 Speaker 06 Yeah, but I didn't mention that you can save up to sixty percent off hotels in the Priceline app. Fine. No one deals more deals than-
18:19 Speaker 06 Please stop. Touche. Priceline.
18:22 Caleb Hammer? Sound!
18:23 Speaker 05 I know it sounds like I'm the trashy one, right?
18:26 Caleb Hammer? Yes! No, you all sound trashy. In this story.
18:30 Speaker 05 Okay. I know it sounds like I'm the bad one in this, but-
18:33 Caleb Hammer? Yes, and him.
18:34 Speaker 05 Not at all. Not at all. Because like-
18:35 Caleb Hammer? You pursue him. You continue the conversations. You allow them to happen. You let him fuck you in December while they've been together.
18:43 Speaker 05 No, but he told me they were not together.
18:44 Caleb Hammer? Why would you trust the man that cheated on you before? You wanted to believe it. Exactly. You wanted to believe it.
18:52 Speaker 05 Yeah.
18:52 Caleb Hammer? I gotta get into the numbers. That is certainly piping hot, but it's honestly quite, kinda disgusting.
18:58 Speaker 05 Well, no-
18:59 Caleb Hammer? How old's his uh, lady?
19:01 Speaker 05 I don't know, actually.
19:03 Caleb Hammer? Do you know her?
19:05 Speaker 05 I've met her, I've met her.
19:06 Caleb Hammer? How old does she look?
19:08 Speaker 05 I think she's thirty. She's older than me. I think she's thirty years old, but I'm not sure. I don't know. Do you want to tell me if I'm prettier than her?
19:15 Caleb Hammer? This pork.
19:16 Speaker 05 You want to do a little?
19:19 Speaker 05 We'll do like a hot or not? Do you want to say?
19:21 Caleb Hammer? Did you fucking say? I'll do it.
19:24 Speaker 05 Okay, you have to be honest too, like.
19:26 Caleb Hammer? I never am not.
19:27 Speaker 05 Then I'm ugly, just tell me the truth.
19:29 Caleb Hammer? Is that him?
19:29 Speaker 05 That's him and her, but like that's a very.
19:31 Caleb Hammer? You're literally dating like a dude that looks like.
19:34 Speaker 05 Tell me, is it edited? So edited, right?
19:37 Caleb Hammer? I would, I would, I would, I, I, I would pick you if I had to pick.
19:42 Speaker 05 Oh, thank you.
19:43 Caleb Hammer? Well, this is because she looks beyond caked. Like, what is she hiding?
19:47 Speaker 05 Right? Like so much makeup. Like I have makeup on, obviously, but like.
19:50 Caleb Hammer? Yes.
19:51 Speaker 05 Honestly, the TJ Maxx is, I feel like doing me good, right? With all the retinol and the acerons.
19:56 Caleb Hammer? You look normal.
19:59 Caleb Hammer? What are we doing? What are we talking? You spent? Five thousand. Three thousand seven hundred comes in. You're married men who are fifteen years older than you.
20:09 Speaker 05 He's not married. He's not married.
20:11 Caleb Hammer? He has a kid with her. That poor kid, that poor kid, that poor kid.
20:16 Speaker 05 Dude is not married.
20:16 Caleb Hammer? That poor kid. What is everyone at the store gonna think when they hear this? You are choosing to say this on a public platform.
20:24 Speaker 05 Oh goodness, I didn't think about that. Like.
20:26 Caleb Hammer? How'd you not? As in, we literally have videos saying, uh, everyone around you will know, will see you in these videos. Please consider before you come on, like a million jillion times.
20:38 Speaker 05 I didn't think about that.
20:40 Caleb Hammer? Why? How? We literally, are you dumb?
20:43 Speaker 05 It sounds really bad, but it's, it's not like what it sounds like.
20:47 Caleb Hammer? How is it not?
20:48 Speaker 05 Well.
20:49 Caleb Hammer? Man with baby sticks penal in you. The non-person he's with.
20:54 Speaker 05 Very, very explicit. It wasn't like that at all.
20:56 Caleb Hammer? But that is what happened.
20:58 Speaker 05 Not really.
21:01 Speaker 05 Not a hundred percent.
21:01 Caleb Hammer? How do I get this, how do I take this to finances?
21:04 Speaker 05 I don't know how we got here, honestly.
21:05 Caleb Hammer? What are you here for, lady?
21:07 Speaker 05 Well, I think like I just need help figuring out where my money goes. Because to me, it doesn't seem like I have enough to get anywhere with like my minimum monthly payments and stuff like that. And I don't know where I'm like missing the mark here.
21:22 Caleb Hammer? Uh.
21:24 Speaker 05 So I'm thinking about, just to like get my finances back on track. I currently have like a loan out on my 401k.
21:31 Caleb Hammer? Oh.
21:34 Speaker 05 And.
21:34 Caleb Hammer? For why? When'd you do that?
21:36 Speaker 05 I did it when I purchased my house.
21:38 Caleb Hammer? You own your house?
21:39 Speaker 05 I do.
21:39 Caleb Hammer? Wait, I don't see a mortgage in here?
21:42 Speaker 05 Yeah, there should be a mortgage. Yeah, so I bought a house back in 2022.
21:47 Caleb Hammer? 401k loan to buy a house?
21:49 Speaker 05 Well, no, it wasn't always, like, it wasn't just to buy the house, it was for like a little bit of the down payment.
21:55 Caleb Hammer? A down payment? So you borrowed your down payments from your own retirement? I don't think you understand how that fucking worked.
22:02 Speaker 05 Well, I feel like it's just paying, I thought it would be better than getting like an actual loan, it's, I'm paying myself.
22:06 Caleb Hammer? An actual loan? Yeah, but with interest.
22:09 Speaker 05 A personal loan.
22:10 Caleb Hammer? Yeah, but with interest.
22:11 Speaker 05 But the interest goes back to you, right?
22:15 Caleb Hammer? What do you mean? You think you're earning money on it?
22:17 Speaker 05 No, I don't think I'm earning money, I think that it's just like,
22:23 Speaker 05 it like gets, they take mu- like.
22:26 Caleb Hammer? What is the school system like in Alabama? What do you, what do you mean? What do you think is actually happening? Please, please, please.
22:34 Speaker 05 So I don't, like, I'm paying myself back, basically, but I, it's not like accruing any kind of.
22:40 Caleb Hammer? Interest?
22:41 Speaker 05 Yeah.
22:41 Caleb Hammer? Yes, it is.
22:43 Speaker 05 But that interest goes back to me, right?
22:44 Caleb Hammer? What the fuck do you mean by that? How do you think you, you, you, you, you, you make money? How does that? In what world does a loan make money for you? What are you talking about?
22:55 Speaker 05 No, I'm not saying that it makes money for me, what I'm saying is like.
22:57 Caleb Hammer? How do you say it goes back to you? I'm so confused.
22:59 Speaker 05 So like you take out the 401k loan, right? And it stops accruing any like extra money from that, but you, like, you got me confused, okay?
23:10 Caleb Hammer? You have me confused.
23:11 Speaker 05 You got, you got me confused, listen, okay, so.
23:13 Caleb Hammer? I just want you to tell me what you think is happening.
23:16 Speaker 05 It's not, like, it's not.
23:22 Speaker 05 It's not like a actual loan, right?
23:25 Caleb Hammer? Why wouldn't it be?
23:25 Speaker 05 I'm paying myself back, basically, right? Yeah, paying myself back, hundred percent, paying myself back.
23:33 Speaker 05 I don't know how it works.
23:34 Caleb Hammer? Paying yourself back, but what do you mean by that? Like, yes, all of a sudden you have, the money is kind of like, if you want to think about it as yours again, you can kind of think about it like that. But the interest on it, that's them making money off of the loan, not you.
23:50 Speaker 05 I don't know, the way that I understood it was like-
23:52 Caleb Hammer? Okay, whoa, whoa, whoa, what were you talking about? What were you talking about?
23:56 Speaker 05 So I'm thinking about taking another one out.
23:58 Caleb Hammer? Why? How much in for fucking what? Are you getting another house?
24:04 Speaker 05 No, no, no, no.
24:05 Caleb Hammer? Wait, do you still owe on that other 401K loan?
24:07 Speaker 05 I do, I owe eight thousand.
24:08 Caleb Hammer? Will they allow you to take a second one out?
24:10 Speaker 05 No.
24:12 Caleb Hammer? Then what the fuck are you even talking about?
24:14 Speaker 05 So you have to pay off the current one to take out another?
24:16 Caleb Hammer? What do you owe on the other one?
24:17 Speaker 05 I owe eight thousand right now.
24:19 Caleb Hammer? You don't have eight thousand!
24:21 Speaker 05 Well, I get like a small bonus at the end of the year, and it varies based on like store sales, right?
24:26 Caleb Hammer? So you're gonna use a small bonus to pay off a loan so that you can borrow a larger loan?
24:33 Speaker 05 Yeah.
24:35 Caleb Hammer? For what?
24:36 Speaker 05 To pay off, so like I have my, I have three, no, I have two credit cards that need to be paid off, right? And then I have my car payment. So this is my idea, and I think it's, like, I've thought this through and I think it's like a really good idea. This is what I really like, I want to do.
24:51 Caleb Hammer? I would love for you to say it.
24:53 Speaker 05 It's coming, hold on. So like, what I'm gonna do?
24:56 Caleb Hammer? He fucking forty year old says every day.
25:00 Speaker 05 Okay. I'm kind of offended for him, but anyways, you're being mean to him.
25:08 Caleb Hammer? He's the one who has a child and he's fucking somebody that's with-
25:12 Speaker 05 Yeah, he's just, anyways, anyways.
25:14 Caleb Hammer? Can I call him in the post show?
25:16 Speaker 05 Dude's not gonna answer, no, he hundred percent has my number blocked. What?
25:21 Caleb Hammer? Really?
25:22 Speaker 05 Why would he not?
25:23 Caleb Hammer? Why would it have your number blocked? Cause you guys are, you said you're talking in June.
25:27 Speaker 05 Yeah, that's been like six months.
25:28 Caleb Hammer? And then you, a few months before that.
25:30 Speaker 05 I did, first of all, I never said that.
25:34 Speaker 05 I didn't use those words at all.
25:35 Caleb Hammer? Oh, you sexed him.
25:37 Speaker 05 Well, I didn't say that either, but anyways.
25:39 Caleb Hammer? But that's what you said, though.
25:40 Speaker 05 No, not really. Look, you got me all discombobled. I forgot what I was even saying.
25:45 Caleb Hammer? Combobbled?
25:46 Speaker 05 The dis- the discombobled, yes. Anyways.
25:50 Caleb Hammer? How do you run a store?
25:52 Speaker 05 Well.
25:52 Caleb Hammer? How do you run employees? Do they have to depend on you for anything?
25:56 Speaker 05 Yeah, no, I'm good at my job.
25:56 Caleb Hammer? You have me squeezing on this thing, cause this is insane. This conversation's insane.
26:00 Speaker 05 Oh, that's a you problem.
26:02 Caleb Hammer? It is, but it's also a you problem.
26:04 Speaker 05 I'm not over here.
26:04 Caleb Hammer? If we're trying to get some results in the end, it's also a you problem, cause I can't follow what you're talking about. You haven't even told me what you want to borrow this for.
26:12 Speaker 05 That's where we were, okay. So, what my plan is, is to pay off the 401K loan. So I can take out.
26:18 Caleb Hammer? If you get that bonus as large as enough.
26:20 Speaker 05 So I can take out another loan and pay off my, all my credit cards, which is two credit cards. Pay off my car loan and pay off, seems like those.
26:30 Caleb Hammer? Car loan?
26:33 Speaker 05 I think that's it. So I can pay off those three things, right? And then I can take my insurance, which is right now like almost $400. I can take that down to like a minimum.
26:44 Caleb Hammer? Whoa, whoa, whoa.
26:45 Speaker 05 Awfully feisty over there.
26:46 Caleb Hammer? Uh.
26:49 Caleb Hammer? But usually, i- if you have good credit, even the interest rate on a 401K loan is 1% to 2% over like the federal loan rate. It would probably be 8% to 9% if you have good credit. What's your credit score?
27:01 Speaker 05 Uh, it's like in the 500s.
27:02 Caleb Hammer? What the [bleep] are you gonna do? You're gonna get like a what? A 15% [bleep] loan on your 401K? Wait, whoa, whoa, whoa, whoa. The one that you currently have.
27:11 Speaker 05 Yeah.
27:12 Caleb Hammer? Obviously, the, the, most likely, and what typically happens, is the money that's hitting your account is post you making a payment on it. Cause it probably takes before you see your money.
27:20 Speaker 05 Yeah, it takes out.
27:21 Caleb Hammer? What is the interest rate on your current 401K loan? And you said it's 9,000? You said it's 9,000 401K, okay.
27:31 Caleb Hammer? Go ahead.
27:32 Speaker 05 Okay, so, um, I'm gonna pay off all of my loans and then I'm gonna take my-
27:37 Caleb Hammer? No, I said, what's the interest rate on it?
27:41 Speaker 05 I think it's eleven percent.
27:44 Caleb Hammer? What are you doing? For why?
27:47 Speaker 05 But I'm not a hundred percent sure. That actually doesn't sound right.
27:50 Caleb Hammer? Part of a down payment?
27:51 Speaker 05 That doesn't sound right. Might be a type of thing. I don't remember.
27:54 Caleb Hammer? Even eight percent, you're keeping up with just the average stock market return from beginning to end of forever.
27:59 Speaker 05 Yeah.
27:59 Caleb Hammer? That's the average for a down payment. That's stupid. You could've got like a day.
28:04 Speaker 05 But, but, but, but, but, listen, listen.
28:07 Caleb Hammer? No, no, no, no.
28:08 Speaker 05 I've got, I've got fifty thousand dollars in my 401K. I'm twenty seven years old.
28:13 Caleb Hammer? I was the person talking. I'm gonna talk.
28:17 Speaker 05 I feel like I'm doing pretty good.
28:19 Caleb Hammer? I was the person talking. I'm just saying.
28:23 Speaker 05 I feel like fifty thousand for twenty seven years old, right?
28:27 Caleb Hammer? You're relatively on track to.
28:29 Speaker 05 Am I on track?
28:30 Caleb Hammer? Shut the f- up. I'm gonna finish a thought. Shut the f- up. You're gonna be to the, close to that sixty five thousand that we'd want you to be at thirty.
28:38 Speaker 05 Yeah.
28:39 Caleb Hammer? That part is good. However, you don't f- and own any of it. You're gonna borrow half of it. And you're gonna be paying interest. All the return that you're gonna be getting is gonna be eaten up with that. Cause again, if I f- and if I open my brokerage right now, Mu Mu, and I open my Mu Mu app, great, and I buy some S and P five hundred, that's averaging like a ten percent. Ten percent. And if you're at eleven percent, eleven percent, or the eight percent of the average stock market gain up, down, all years combined, you're not beating it. You're losing what you are supposed to be doing, which is taking advantage of time in the marketplace right now. Time. That is your best wealth building tool, is time in the market.
29:20 Speaker 05 I feel like I'm ahead of like where people for my age normally are, so.
29:25 Caleb Hammer? In certain ways, but again, that whole,
29:29 Caleb Hammer? you're gonna borrow against half of it. There's fifty thousand in here. Uh.
29:41 Caleb Hammer? But eight thousand is the outstanding loan. So again, it's just like you're really at forty-two, you have forty-two thousand vested. So like, and then it's gonna, you're gonna have like twenty-five thousand vested, once you're done with your little plan here. What's the payment that comes out of your pay for this 401k loan on a monthly basis?
30:00 Speaker 05 It's like a hundred and something dollars.
30:02 Caleb Hammer? And what are you invested in? That's gonna take for, wait, but at eleven percent, that's gonna take forever to pay off.
30:06 Speaker 05 Well, we need to like to burn that. Cause like eleven seems like a lot. Maybe it's six.
30:11 Caleb Hammer? No, you can't go from eleven to eight to six. You don't, no. And also if your credit score is at five, no, it's not.
30:17 Speaker 05 Five hundred? My credit score?
30:18 Caleb Hammer? In the fives. It's absolutely not.
30:21 Speaker 05 But when I bought my house, it was in the seven hundreds, like high seven hundreds. Almost eight hundred.
30:28 Caleb Hammer? That still takes forever to pay off. And even still, regardless, if it's five thirty, your score is five thirty for fuck's sake. So if you pay off this 401k, how? How? What, what did you do to fuck up your life so bad? Wait, why'd you go from being in a position where like you were ahead of the game to like starting to destroy things?
30:46 Speaker 05 So.
30:46 Caleb Hammer? How? How did this happen?
30:48 Speaker 05 I, like we were talking about, and we got super sidetracked, right? But I ended up leaving my job, right? Um, and I was only gone for eight months, but.
31:01 Caleb Hammer? What do you mean only eight months? You do not understand a single thing in this world. Only eight months? That is significant. What did you do?
31:11 Speaker 05 So during that eight months.
31:13 Caleb Hammer? Wait, did you get fired or did you leave?
31:14 Speaker 05 No, I, I, I left.
31:16 Caleb Hammer? What was it?
31:18 Speaker 05 So it was nothing to do with like the job.
31:20 Caleb Hammer? What was the job?
31:21 Speaker 05 Oh, it was what I currently do. It was.
31:23 Caleb Hammer? What, what did you do for eight months? Why'd you leave?
31:26 Speaker 05 Okay, so you know, I, I had my little, my little breakdown, right?
31:31 Caleb Hammer? Oh, yes, because the dude who was a million years older than you, who had a kid, was sticking it in constantly.
31:35 Speaker 05 He's not even that old.
31:37 Caleb Hammer? And you couldn't, you couldn't leave him. You couldn't get away from him, cause you just keep going back like an addict. Go on, an addict. Get it?
31:45 Speaker 05 Love him to death, still do. But anyways.
31:48 Caleb Hammer? Are you ever gonna live a life? Are you ever gonna find someone? No, you're not at that point. If you're just addicted to this dude who's a million years older than you, who has a baby and a lady he is with, the one that created the child with him, you're never gonna have a life. That's so sad to see. I don't want you to do that. Major channel announcement. Budgeting, budgeting, budgeting. It's a new year. We're all trying to budget. We're all trying to make it a little better. We're trying to improve our life. A lot of people on the show, a lot of people out there that I've heard from, they try to start a budget. They can't stick to the budget. It's because it's all too damn complicated right now. You use any of the budgeting apps out there. It's crazy. It's hard to know what's even going on. It's impossible to set up and it's a chaos to manage.
32:32 Caleb Hammer? That's why, over this last year, I did the thing. I made a budgeting app for you guys. This does not need to be complicated. You're trying to take control of your life, so it should be simple. It should be chill. It should be easy to set up and easy to manage. I've called it Simpler Budget, because that's all it is. It's your Simpler Budget. But we upped the ante with continued education and an ad-free version. In the premium version of Simpler Budget, you can track your spending, set goals and stick to a plan that actually works by connecting to all of your bank accounts automatically. No manual stuff here. There's actually weekly live sessions with financial professionals to answer your questions and keep you on track. They'll be teaching lessons and you can ask them things and they will actually help.
33:17 Caleb Hammer? There's also weekly mini-classes, keeping you up to date and educated on every financial topic you need to improve your life. Plus, for a limited time right now, you get access to our new Budget Friendly Cookbook with 55 money-saving recipes to eat well without overspending. And because I love you guys and it's a new year, literally anyone who signs up for the month of January gets all of this, including premium, for free for a month. It's time to actually make a budget and stick to it for the first time ever. Let's take control of our 2025 and make this the best year ever. Download the Simpler Budget app today. A link in the description below. This budgeting app will change your life.
34:02 Caleb Hammer? Can I give you free, three free therapy sessions? And please talk to them about this with our partner, Sondra Mind. Can you please?
34:08 Speaker 05 I don't need like any therapy. I'm good.
34:11 Caleb Hammer? You are not good.
34:11 Speaker 05 Like therapy myself. Me, myself and I, we talk and we're good, like hundred percent.
34:15 Caleb Hammer? No, you cannot therapy yourself at all. You're obviously beyond fucked up and you keep going back to this guy. I just want you to be able to live a life. I want you to be able to live a life. It would be so sad seeing you hung up on this dude all the way through your thirties and forties.
34:31 Speaker 05 We're, we are done. Like we're not, we're not doing it.
34:33 Caleb Hammer? For now, you've gone back and forth for six years.
34:36 Speaker 05 It is a long time.
34:37 Caleb Hammer? I think we're gonna call him on my number in the post show and I'm gonna tell him to get the fuck away.
34:41 Speaker 05 No, no, no, no. If we call him, you have to be quiet and we'll just, we'll just talk. Me and him.
34:48 Caleb Hammer? We'll do that in the post show then. We'll do that in the post show then.
34:51 Speaker 05 He's definitely gonna answer the phone for me.
34:52 Caleb Hammer? Oh my gosh, this conversation is a mess.
34:54 Speaker 05 Anyways, you keep getting me sidetracked. Let me tell my story. So this is a good story, right?
35:00 Speaker 07 Priceline Negotiator.
35:02 Speaker 06 It's me, the.
35:03 Speaker 07 Priceline Negotiator.
35:05 Speaker 06 We don't need the jingle twice.
35:06 Speaker 07 What about a third time?
35:08 Speaker 06 Stop it. This is about vacation inflation and how Priceline negotiates amazing deals on hotels, flights and rental cars.
35:15 Speaker 07 Seems like you just started.
35:17 Speaker 06 Yeah, but I didn't mention that you can save up to sixty percent off hotels in the Priceline app.
35:21 Speaker 07 Time to read the timeline.
35:23 Speaker 06 Fine. No one deals more deals than.
35:25 Speaker 07 Priceline.
35:26 Speaker 06 Please stop.
35:26 Speaker 07 Priceline.
35:28 Speaker 06 Touche.
35:28 Speaker 07 Priceline.
35:29 Speaker 06 Priceline.
35:30 Speaker 05 I quit my job.
35:30 Caleb Hammer? This isn't story time.
35:32 Speaker 05 I didn't quit my job. So like I left, I left my job for a minute, right? And I went on, so my brother was getting married. I went on the bachelorette trip in Florida.
35:46 Speaker 05 And I was a bridesmaid.
35:47 Caleb Hammer? For nine months?
35:48 Speaker 05 No.
35:50 Speaker 05 And I was a bridesmaid. So like I had to pay for, and this all goes into like the credit cards, right? So I paid for the hair and makeup and the dress and some of that, not all of it, but some of it went to the credit cards. And then I went on the trip to Florida, the bachelorette trip. Some of that went on to the credit cards and then directly.
36:07 Caleb Hammer? Buy forty year old male strippers?
36:10 Speaker 05 Directly after the wedding, I went to Disney World with my nieces. And then after that, I took a little road trip.
36:20 Caleb Hammer? How much was Disney?
36:21 Speaker 05 I was road tripping.
36:22 Caleb Hammer? But why not work during all this?
36:25 Speaker 05 You can't. You can't work and do all that traveling.
36:29 Caleb Hammer? Wait, how much traveling were you doing? Was this back to back to back or was there any gaps in between?
36:33 Speaker 05 Um.
36:34 Caleb Hammer? Cause if you took a couple of days off at your job to travel somewhere.
36:37 Speaker 05 No, no, at most it was like a week in between these things. So like.
36:40 Caleb Hammer? Why, why, why, why do all this though? Why throw away everything?
36:45 Speaker 05 In all seriousness.
36:46 Caleb Hammer? Wait, and you already owned a home?
36:47 Speaker 05 No, I didn't own the home yet. I didn't own the home.
36:50 Caleb Hammer? Oh my gosh.
36:50 Speaker 05 So like, in all seriousness, I was having like a really hard time.
36:54 Caleb Hammer? Yeah, meaning, hey, maybe you should actually talk to a professional.
36:58 Speaker 05 And, um, you know, it just seemed like everybody else in my family was like, kind of like moving and like their worlds were turning and mine wasn't like I wasn't doing anything. I felt like I was just working constantly, constantly, constantly and like, I don't know.
37:12 Caleb Hammer? No offense, won't it feel like that if you're endlessly hung up on this dude? Won't it feel like that forever?
37:18 Speaker 05 Yeah, and I think.
37:19 Caleb Hammer? You'll have these spells constantly.
37:21 Speaker 05 Part of the issue was like, it was just everything that was going on in my life, right? So anyways, I ended up leaving my job. I did the Disney thing and then I went on a little road trip. I was planning on going like from Tennessee all the way around.
37:35 Caleb Hammer? All the way around.
37:36 Speaker 05 All the way around the thing.
37:37 Caleb Hammer? The thing.
37:38 Speaker 05 Yeah. But anyways, I got to, um, South Dakota.
37:42 Caleb Hammer? Okay.
37:43 Speaker 05 And then I ended up turning around.
37:45 Caleb Hammer? It's the classic road trip destination.
37:47 Speaker 05 Have you ever been? It's pretty.
37:49 Caleb Hammer? Nope.
37:53 Caleb Hammer? Okay. So that was nine months?
37:56 Speaker 05 I went to South Dakota and then I came back home.
37:58 Caleb Hammer? That was all nine months?
38:00 Speaker 05 Well, it was, no, it was eight months during this whole thing. It was.
38:04 Caleb Hammer? You could have worked in there. That was not enough for eight months.
38:07 Speaker 05 Well, I wanted, I wanted to take, the plan was to take like a six month hiatus and just kind of like reset.
38:13 Caleb Hammer? And you got your job back like that?
38:15 Speaker 05 It was to reset my mind.
38:17 Caleb Hammer? My mind, yes.
38:20 Caleb Hammer? You got your job back like that?
38:22 Speaker 05 That hurts my family.
38:22 Caleb Hammer? You got your job back immediately?
38:24 Speaker 05 That hurt my family.
38:25 Caleb Hammer? I don't give a.
38:27 Speaker 05 Um, well, I mean, yeah, cause like I'm a good employee, right? Like I feel like I do a really good job at my job.
38:32 Caleb Hammer? Leave without warning for nine months.
38:35 Speaker 05 Um, you know, I'm, I'm, I think I'm, I feel like I'm good at my job and obviously I am, or they wouldn't have wanted me to come back, right? So I actually got a phone call from one of the people that I had worked with previously.
38:44 Caleb Hammer? I'm just starting to think the talent pool in that town with five people might be small.
38:50 Speaker 05 With five people? Come on now. I don't think so. I think it was me, you know, because I'm just me.
38:58 Speaker 05 Right?
39:00 Speaker 05 You had to be there. Anyways, um, so I actually got a phone call and it was like, hey, do you want your job back? And I was like, yeah, because I'm kind of like, I wasn't.
39:10 Caleb Hammer? Two thousand people.
39:11 Speaker 05 I wasn't running, what is that, the Florence?
39:13 Caleb Hammer? Yes.
39:16 Speaker 05 Yeah, it's a small town.
39:18 Caleb Hammer? What do you, what do you think you are financially right now? This has been a mess of an audit. Uh, usually I ask this more early on, but it's a, whatever.
39:26 Speaker 05 I feel like you got sidetracked.
39:27 Caleb Hammer? Where do you think you are? Zero to tens, zero being the absolute worst, ten being the absolute best in your finances today. Where do you think you are?
39:34 Speaker 05 I think I'm a two.
39:35 Caleb Hammer? Okay, yeah, okay. You want your Hammer financial score? It's free. Link in the description below. Figure out where your finances stand. And if you want to be on this show, you want to come down here, Austin, Texas, get a little. Uh, but it's also fun. It's a good time. Well, have fun. You having fun so far?
39:52 Speaker 05 So much fun.
39:53 Caleb Hammer? Okay.
39:53 Speaker 05 All of it.
39:54 Caleb Hammer? Yeah, go to CalebHammer.com slash apply. Uh, we'll have you here. It'll be a good time. And I look forward to that and we'll connect you with resources like we're going to connect you with. Please do the therapy. You need it more than almost anyone I've talked to recently.
40:04 Speaker 05 Oh, my God.
40:05 Caleb Hammer? I'm not even kidding. That's not a joke. It's not an insult. Do it.
40:08 Speaker 05 Do you really think so?
40:09 Caleb Hammer? Yes, I encourage therapy. I do therapy. Therapy's good. Regardless of where you're at, you could be perfect and therapy would still be good.
40:16 Speaker 05 I don't really, like, I don't do that whole thing, you know, like the mental health. I mean, I support it. You gotta be in close.
40:22 Caleb Hammer? Why not do the whole thing?
40:23 Speaker 05 I don't do that whole thing.
40:24 Caleb Hammer? Why not do the whole thing?
40:25 Speaker 05 Like, I'm fine.
40:26 Caleb Hammer? You're not fine. You're not, objectively.
40:32 Speaker 05 I feel like I am.
40:34 Caleb Hammer? How do you think that, though? You're here.
40:37 Speaker 05 Well, no, I mean financially, I do need, like, I got a little bit sidetracked and my finances got off, but previously I was doing really well for myself, I feel like. Especially for my age.
40:47 Caleb Hammer? How'd you meet him, by the way?
40:51 Speaker 05 Um, we met at a tattoo shop.
40:54 Speaker 05 He was the tattoo artist.
40:55 Caleb Hammer? Where you find the best men.
40:57 Speaker 05 He was the tattoo artist. But, you know, we really, and you're gonna love this part.
41:01 Caleb Hammer? Not doubt.
41:02 Speaker 05 I felt like when we first met, because like, I don't drink and I don't smoke and I don't do any of that kinda stuff.
41:07 Caleb Hammer? You're just a degenerate in every other way. Kinda like me. It's fair.
41:11 Speaker 05 But, um, I don't do any of that kinda stuff and neither did he, you know, and like, we were kinda talking about how like, neither one of us drink or smoke or anything like that.
41:20 Caleb Hammer? Just twenty thousand of the forty-two thousand that live there are all his children.
41:23 Speaker 05 We, we kind of, um, you know. It's hard to find people like that, it really is. They don't like-
41:30 Caleb Hammer? You might need to go out and explore a little bit in life.
41:32 Speaker 05 Well, no, that's true too.
41:34 Caleb Hammer? Okay, whatever, whatever, stop it. What is this first thing that I'm even looking at? Because here's the thing. Here's the fucking thing. You ready? Here it is!
41:42 Speaker 05 Okay.
41:43 Caleb Hammer? You owe four, you owed eight thousand two hundred twenty-four, now you owe eight thousand four hundred eleven. What is this? Is this a credit card? Uh, bread cash back? What the fuck is that?
41:52 Speaker 05 They're giving you cash back on the bread?
41:56 Speaker 05 I don't know.
41:57 Caleb Hammer? I don't see any cash back happening! You know what I see? I see forty-one dollars in fees because you're late! Cause you're late! Cause you're not paying it. You make good money, especially for that area! Especially for that fucking area!
42:11 Speaker 05 But, the, I haven't spent on that thing since like, November of last year.
42:16 Caleb Hammer? How does that matter? You make over, you make triple the median income? In your city, triple. Triple the median income, yet you are late on a credit card! You're not paying on it!
42:27 Speaker 05 Yeah.
42:27 Caleb Hammer? Good! First step! Why not fucking make any payments? Why be late? I don't understand! Why have such a shit credit score? Your choice! Why do that? Why live in this situation?
42:39 Speaker 05 When I first bought my house and I first like, moved in and everything, um, I did not have enough money to cover all of my bills and my house.
42:46 Caleb Hammer? Then you couldn't have afforded a fucking house.
42:48 Speaker 05 Well, when I did the, um, like, when I calculated my payment up and everything, like, I was two hundred dollars short. Based on how much I was making.
42:59 Speaker 05 But I had a plan.
43:01 Caleb Hammer? How'd you get approved? They'll approve a lot of people for a lot of bad loans, but if you were 200 short, based on your own projections, how the?
43:08 Speaker 05 My credit score was really good and my income.
43:10 Caleb Hammer? That is not everything. But, but, but, but, but you said with your income, you're 200 short.
43:13 Speaker 05 Well, I was estimating everything. Like I was estimating the water and the electric and.
43:18 Caleb Hammer? If you see you're 200 short, why would you get it? Why would you possibly fucking get it?
43:23 Speaker 05 I needed a house and I didn't.
43:24 Caleb Hammer? No, you didn't. You could have rented. No, you did not.
43:26 Speaker 05 I didn't want to rent and then I have my.
43:28 Caleb Hammer? What? But you could have.
43:29 Speaker 05 I have my little puppy dog, so it was really hard.
43:30 Caleb Hammer? Yeah, I've had my puppy dog in apartments.
43:33 Speaker 05 It was really hard to find somewhere that was like, would let you bring pets and I found one place.
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45:41 Speaker 05 I found one place and the rent was 1600 a month and I was like.
45:45 Caleb Hammer? What's your mortgage?
45:46 Speaker 05 It's 14.
45:48 Caleb Hammer? That's not, you could have looked, you totally could have looked more. I know people are not willing to look enough on the show. That is this endless common thread when it comes to loans shopping.
45:56 Speaker 05 I did have like a time limit because I was actually moving to.
46:00 Caleb Hammer? What?
46:01 Speaker 05 I was moving out of Tennessee.
46:02 Caleb Hammer? What time limit?
46:03 Speaker 05 I was moving out of Tennessee.
46:04 Caleb Hammer? Yes, what was the time limit?
46:05 Speaker 05 Alabama, it was like, I had a month.
46:08 Caleb Hammer? That's reasonable. Would I prefer to, of course, but I've done it in a month. We've all done it in a month. I've done, when I moved to Austin, I did it in a week.
46:18 Speaker 05 With the puppy?
46:19 Caleb Hammer? With a cat.
46:20 Speaker 05 I feel like that's different.
46:22 Caleb Hammer? It's worse that piss stains and they rip up carpet. Trust me as a landlord, I would rather someone have a dog than a cat.
46:29 Speaker 05 Yeah, I guess that's true because I do tear stuff up.
46:31 Caleb Hammer? Yeah.
46:32 Speaker 05 Unless they're litter box trained and then it's a little bit different. But I couldn't find anywhere that was like a reasonable price where you could bring a pet. So, and then I also.
46:40 Caleb Hammer? Look, I know for a fact you did not.
46:41 Speaker 05 Let me invest.
46:42 Caleb Hammer? To that town.
46:43 Speaker 05 I wanted to invest in something.
46:45 Caleb Hammer? Yes, I agree, but it's not an investment if you, if you can't make your payments.
46:48 Speaker 05 Like just throwing money away at rent, I felt like.
46:50 Caleb Hammer? It's not an investment if you can't make the payments.
46:53 Speaker 05 But I had a plan, you didn't listen to the plan.
46:55 Caleb Hammer? What was your amazing plan?
46:58 Speaker 05 So.
46:59 Caleb Hammer? Was it as good as winning that guy over because that's worked so well?
47:02 Speaker 05 The plan was, so like that town is kind of like a college town. So I was going to DoorDash for like the extra money. That was the plan and I did DoorDash for.
47:15 Speaker 05 A couple of months. But then I actually got a raise at work, so it was that.
47:19 Caleb Hammer? What are you making and what do you make now? Oh my gosh, that time was in the middle of nowhere.
47:24 Speaker 05 So my.
47:25 Caleb Hammer? It was really in the middle of nowhere.
47:26 Speaker 05 My bi-weekly was fourteen and then when I got my raise, it turned into like an eighteen or sixteen. Maybe it was sixteen and then turned into eighteen.
47:34 Caleb Hammer? But now you're saying because the mortgage is hard or whatever?
47:38 Speaker 05 Plus, like the door dashing was really not the greatest investment because the gas was, it was like almost three dollars a gallon, which I know other places is a little bit more expensive, but for me that was expensive and I wasn't really making that much money.
47:52 Caleb Hammer? Why are you making these payments now?
47:57 Speaker 05 I think I'm so short money. If you look at that.
48:02 Speaker 06 It's me, the.
48:05 Speaker 06 We don't need the jingle twice. Stop it. This is about vacation inflation and how Priceline negotiates amazing deals on hotels, flights and rental cars.
48:17 Speaker 06 Yeah, but I didn't mention that you can save up to sixty percent off hotels in the Priceline app.
48:23 Speaker 06 Fine. No one deals more deals than. Please stop. Touche. Priceline.
48:30 Caleb Hammer? That's what happens when you spend a thousand five hundred dollars more than you make. Now, because you're behind payments, you f***. That's what happens. You f***. That's what happens. What do you think happens when you are behind on payments? It was probably like a fifty dollar minimum of the payment.
48:47 Speaker 05 No, it was always like pretty expensive, that card.
48:50 Caleb Hammer? You don't know, you haven't made a payment in how, dude, you have.
48:53 Speaker 05 To start with, it was like four hundred dollars and now it's like six hundred dollars a month and it's just too much money for me to pay.
48:58 Caleb Hammer? Listen!
49:00 Speaker 05 It's just.
49:01 Caleb Hammer? Listen! You've had five missed payments, so there's no way it's that much. So this is actually likely with that forty one dollar fee. Uh. Forty one times five, so two hundred five.
49:19 Caleb Hammer? Minimum monthly payment was likely two? No. Okay, then you, and then divide, and then divide number five, your minimum monthly payment was about forty-eight bucks.
49:29 Speaker 05 No.
49:30 Caleb Hammer? Yes.
49:30 Speaker 05 No way.
49:31 Caleb Hammer? Yes.
49:31 Speaker 05 It was never forty-eight dollars. Like, if it had been forty-eight dollars, I would've-
49:34 Caleb Hammer? There's no way this math makes sense then, with those fees added, which would be, no, that'd be added to the overall balance. Okay, one second, let me think, let me think. Shut, shut, shut, shut, shut.
49:43 Speaker 05 I would've paid forty-eight dollars.
49:44 Caleb Hammer? Shut, shut, shut, shut, shut.
49:45 Speaker 05 I would've paid forty-eight dollars. There's no way-
49:47 Caleb Hammer? It was likely eighty-nine dollars. Cause it is stacked up for five fucking months!
49:52 Speaker 05 It was not, no. It was not.
49:55 Caleb Hammer? I'm gonna say a hundred, I'm gonna say a hundred. I'm gonna say a fucking hundred, but I also don't think you know a single thing.
50:00 Speaker 05 I think a hundred is a little, you're like, you're, you're a little bit low on that, but a hundred is more, it's like closer to-
50:06 Caleb Hammer? How can I trust you in any way to be a reliable narrator for your finances? You are not able to adequately speak on anything we've talked about so far.
50:17 Caleb Hammer? Listen, two hundred and five dollars of fees this year, one thousand seven hundred seventy-seven dollars of interest this year so far. That's disgusting.
50:25 Speaker 05 Yeah, it's a lot. It's a lot.
50:27 Caleb Hammer? Disgusting!
50:29 Speaker 05 Not good. Not good.
50:30 Caleb Hammer? That's fucking insane.
50:32 Speaker 05 But like, honestly-
50:32 Caleb Hammer? And you don't give a, why not make the payment? I still don't understand. Cause you say you have too much. Cause you say you, you don't have enough. You spent a thousand five hundred dollars more than you've made this last month.
50:43 Speaker 05 Like, at one point-
50:44 Caleb Hammer? What? Your mortgage is twelve hundred!
50:45 Speaker 05 At one point, it was so much-
50:47 Caleb Hammer? Your mortgage is twelve hundred.
50:48 Speaker 05 No, my mortgage is fourteen.
50:49 Caleb Hammer? Your mortgage is fourteen hundred. Congratulations, net-
50:52 Speaker 05 You might as well say five.
50:54 Caleb Hammer? Shut. That's not how that, well, it might as well, how have you, your mortgage is- Your mortgage is thirty-seven percent of your income.
51:02 Speaker 05 It's fifteen ninety-eight. So, wouldn't you round that up to fifteen? Or, it's fourteen ninety-eight, so wouldn't you round that up to fifteen?
51:08 Caleb Hammer? Fourteen ninety-eight.
51:09 Speaker 05 Like, we're literally a couple of-
51:11 Caleb Hammer? Three thousand seven hundred eight dollars.
51:13 Speaker 05 So, it's basically fifteen.
51:13 Caleb Hammer? It's forty percent of your income, forty percent of your income. That means you have sixty percent left. Is that a little on the high side? Absolutely. But that means you have money left. And of course, you also said you get these bonuses. So regardless-
51:28 Speaker 05 Not bonuses, not plural, the ones.
51:31 Caleb Hammer? Okay, you get the bonus. If you're suggesting you can pay off an eight thousand dollar loan with a bonus, then that is a substantial bonus, lady. So that means likely for your entire annual income, your mortgage is probably closer to about thirty seven percent of your income, okay? Meaning you have a substantial part of your income left. That is not why you did not pay a one hundred dollar minimum monthly payment. Or even stacked up, that is not why you are not paying a six hundred fifty dollar payment now.
52:03 Speaker 05 I was there for the whole thing. I felt every second of it.
52:06 Caleb Hammer? You're not anywhere. You don't live in reality. You're nowhere. You are not on the same plane that we all are.
52:12 Speaker 05 There was a point in time last year when I could not-
52:16 Caleb Hammer? Forty-six minutes into this thing and I'm going to the second document.
52:20 Speaker 05 I couldn't even buy gas. Like, it was that bad. Like, I was struggling.
52:23 Caleb Hammer? It can't be because of your mortgage though, because we know your mortgage at its worst is forty percent of your income. So other expenses are being done somewhere.
52:32 Speaker 05 My electric bill was like three hundred dollars during the summer, which, I mean, I'm sure you-
52:35 Caleb Hammer? It is not making up for it. We'll do the budget at the end. We'll do the fucking budget at the end.
52:39 Speaker 05 It gets hot during the summer. And I'm not used to having to like, so I have a three-bedroom-
52:44 Caleb Hammer? To dead like?
52:45 Speaker 05 Three, what?
52:47 Caleb Hammer? You're not used to what?
52:48 Speaker 05 I'm not used to like having to like heat and cool.
52:53 Caleb Hammer? What was the word you said? Why can I not understand you? What is the word that you said? I'm not used to having dead like.
53:00 Speaker 05 I didn't say that. What are you talking about? And I'm not used to having to like-
53:05 Caleb Hammer? Am I having a stroke? Am I having a stroke or are you inaudible with your accent?
53:12 Speaker 05 I think the problem is-
53:13 Caleb Hammer? Do I need to find a, uh, like a, like a-
53:16 Caleb Hammer? Homeless hillbilly in a translate for you?
53:18 Speaker 05 Not the homeless hillbilly. No, not the homeless hillbilly. I think the issue is that you're not from the south, man.
53:25 Caleb Hammer? South, but I live in here.
53:27 Speaker 05 Yeah, but the Texan accent is definitely different than-
53:29 Caleb Hammer? I don't care. This is not a conversation.
53:33 Caleb Hammer? You have a car?
53:34 Speaker 05 I do have a car.
53:35 Caleb Hammer? What's your car?
53:36 Speaker 05 So I have a Jeep Renegade.
53:38 Caleb Hammer? Yeah.
53:38 Speaker 05 Twenty fifteen.
53:40 Caleb Hammer? Miles?
53:41 Speaker 05 Ooh, one thirty-six, I think.
53:44 Caleb Hammer? So you should prepare for the worst. Jeeps aren't historically known for being the most forever reliable. Not for being the worst either, but, okay, how's she doing?
53:53 Speaker 05 She's not doing great, like, she does this weird thing when you go to like, take off, it's like, boom boom.
53:58 Caleb Hammer? Take off? You mean accelerate? Like, when you drive?
54:02 Speaker 05 Well, like, when you push the gas.
54:03 Caleb Hammer? It goes boom boom?
54:05 Speaker 07 Oh, we're so sorry to hear about your brother that passed away. He gets five big booms. Boom! Boom!
54:12 Caleb Hammer? What's boom boom?
54:13 Speaker 07 Boom! Boom!
54:14 Speaker 05 No, not the boom boom. No.
54:16 Caleb Hammer? What does it do?
54:17 Speaker 05 Not boom boom. It goes, like, duh duh. It's more like the duh duh duh. Let me, okay, so when you-
54:25 Caleb Hammer? That sounds potentially transmission-related.
54:27 Speaker 05 Yeah. Or-
54:28 Caleb Hammer? But I also have no idea what the [bleep] you're talking about. I cannot translate-
54:32 Speaker 05 I feel-
54:33 Caleb Hammer? Dude, I can barely lis- I can barely understand the words you're saying. When you start talking in sound effects, I do not know what you're saying.
54:39 Speaker 05 So I feel like it might be a filter issue, because like, I think the-
54:42 Caleb Hammer? Filter? Filter what? The air filter?
54:45 Speaker 05 Maybe. But I had that changed, so no, I don't think so.
54:49 Speaker 05 Like, it's not getting gas or something. It's like-
54:53 Caleb Hammer? How'd you find your way to Austin? How did you get here without getting lost?
54:57 Speaker 05 Listen to me, I struggled to get onto the airplane.
54:59 Caleb Hammer? I am not surprised, dude.
55:01 Speaker 05 It was like a maze in there. And I looked at the map, too.
55:04 Caleb Hammer? Nine thousand seventy dollars.
55:06 Speaker 05 Yeah.
55:06 Caleb Hammer? Owe on a breaking down car. A car with a transmission failure likely happening.
55:10 Speaker 05 Like, when I bought that car, they told me that it had one previous owner, and funny story, I went to the Publix, right? And I parked beside this really cool Jeep Wrangler.
55:20 Caleb Hammer? That is funny.
55:20 Speaker 05 And anyway, the guy comes out, as I'm getting out of my car, the guy that drives this Jeep Wrangler gets, like, is coming out of the store, and we, like, meet each other, and he's like, "Oh my god, that's my car," and I was like, "Oh yeah, like, it sucks." I didn't say that to him, because I felt like it would have been rude. And it maybe would have offended him, but like, seriously, the car's not the best. But anyway, it was a one-owner vehicle. He was like the owner-
55:40 Caleb Hammer? That was your story?
55:42 Speaker 05 Well, he was telling me about it. He's like, "Oh, that was like, right off the lot. I bought it off the lot, like, great car," and I was like, mm.
55:48 Caleb Hammer? I doubt you're maintaining it, because you probably don't even know where the oil goes. Dude-
55:55 Speaker 05 But like that's not for me to do though, that's for somebody else.
55:58 Caleb Hammer? Yeah, if you actually take it.
56:00 Speaker 05 Yeah.
56:02 Speaker 05 Right. And I do. I try to maintain it.
56:06 Caleb Hammer? The fucking lights start blinking in there and you're like, oh, it's Christmas time.
56:12 Speaker 05 I don't talk like that. That hurt my feelings again.
56:17 Caleb Hammer? What is the interest rate on this car possibly?
56:19 Speaker 05 Now that, I think that's eleven.
56:21 Caleb Hammer? I think I did this wrong.
56:22 Speaker 05 That's eleven, I think. I think that was the eleven. The other one was six, this is eleven, I think.
56:28 Caleb Hammer? Yeah, I said eleven percent. Eleven percent on a car that is breaking down, what are you gonna do? Insurance isn't gonna cover a broken transmission.
56:34 Speaker 05 Well, we don't know that it's breaking down. We just, it's got the some.
56:37 Caleb Hammer? Yeah, that's, that sounds, when I had a Nissan Altima and the transmission started to go, which is a brutally expensive fix.
56:43 Speaker 05 Yeah.
56:44 Caleb Hammer? Well, I mean, you know, foreign in that part, but makes it more expensive. Either way, um.
56:49 Speaker 05 Yeah.
56:50 Caleb Hammer? That's how, that's what it at least sounds like.
56:52 Speaker 05 Hope not. But.
56:54 Caleb Hammer? But, but, but that's what makes me nervous is, what's the, what?
56:58 Speaker 05 But.
56:59 Caleb Hammer? What is your minimum?
57:00 Speaker 05 But listen, listen, listen. But, my other plan was like, okay, when I take this other 401k loan out and I get a little bit of extra because I can pay off all of my stuff, then I can pay off that and I can get another vehicle that's like, better and not breaking down with like the extra from the 401k loan.
57:16 Caleb Hammer? What's the minimum payment?
57:19 Speaker 05 For the car?
57:21 Caleb Hammer? Listen, if you get a 401k loan, it's gonna be like thirteen percent for you. This is, it's not gonna make the difference.
57:27 Speaker 05 And I feel like I need a little bit more education on the 401k loan because.
57:30 Caleb Hammer? Transmission for you with that car is gonna be about three thousand to four thousand five hundred and then obviously this is gonna be labor. Um, so it's probably gonna be like a five thousand dollar job.
57:39 Speaker 05 Yeah, that's a lot. That's not worth it, honestly.
57:42 Caleb Hammer? But you don't have the money and you're just gonna borrow against your 401k forever. What's the point of having built it up in the first place? In your case, especially if you borrowed it well beyond what it's gonna make on average.
57:54 Caleb Hammer? Your minimum payment, two seventy, two ninety seven?
57:56 Speaker 05 Yeah, kind of expensive.
57:58 Caleb Hammer? We think it might be worth around seven thousand if in good condition.
58:03 Caleb Hammer? We don't know if it is and they might catch on to that transmission thing if they run a transmission test anyway.
58:07 Speaker 05 Yeah.
58:08 Caleb Hammer? Uh, okay, so two ninety seven, are you at least making your payments?
58:11 Speaker 05 Yeah, no, I make my car payments.
58:12 Caleb Hammer? Why make that payment but not the last? So why are you picking and choosing?
58:16 Speaker 05 I make all of them.
58:16 Caleb Hammer? So why not the other one?
58:17 Speaker 05 Well, I got behind on the bread cash back card.
58:20 Caleb Hammer? No, I'm asking why?
58:22 Speaker 05 I got behind on it because I honestly was not making enough money to like pay all of my bills. Like I was having a really, really hard time.
58:29 Caleb Hammer? You make triple the median income there.
58:33 Speaker 05 Yeah, but I have, like, I have the house by myself and then I have like the water, the electric, car payment, insurance, like gas, gas was really expensive for a minute there and that was, that was tough.
58:47 Caleb Hammer? You're not budgeting. You are not budgeting.
58:49 Speaker 05 That was tough.
58:50 Caleb Hammer? Go through our budgeting class for sake, please, if you are even able to figure out how to log in. Go through the investing class, go through, because that, that's important eventually. I don't know what funds your 401k thing is in it, actually. I'm very curious, let's talk about that at the end. And also go through the debt class so you can at least understand how to utilize that in a beneficial way and how to pay off bad debt with different strategies. Do that. It's all discounted for you guys, all bundled together for fifteen percent. I recommend anyone go through it, but go through it because you get it for free, okay? Please.
59:20 Speaker 05 Well, I mean, I have like a lot of expenses and then my mom lives with me. She's...
59:24 Caleb Hammer? Your mom lives with you?
59:25 Speaker 05 She does.
59:27 Caleb Hammer? How old's your mom? Wait, why does she live with you?
59:28 Speaker 05 Well, she's, she's in her seventies, right? She had me like...
59:31 Caleb Hammer? Okay, how's her health?
59:32 Speaker 05 She's, she's okay. I mean, she's, she's not able to work or anything like that. So I mean, I do take care of her.
59:38 Caleb Hammer? Seventies, she had you kind of old.
59:40 Speaker 05 She was forty two when she had me.
59:42 Caleb Hammer? Okay. Uh, why does she live with you?
59:46 Speaker 05 Well, she, she was, when I moved, I moved from Tennessee to Alabama. She stayed in Tennessee and she just wasn't doing well. Like, she was there by herself. Um, I think I was gone for about four to five months.
59:59 Speaker 06 It's me, the
1:00:02 Speaker 06 We don't need the jingle twice. Stop it. This is about vacation inflation and how Priceline negotiates amazing deals on hotels, flights, and rental cars.
1:00:14 Speaker 06 Yeah, but I didn't mention that you can save up to 60% off hotels in the Priceline app.
1:00:20 Speaker 06 Fine. No one deals more deals than Please stop. Touche. Priceline.
1:00:27 Speaker 05 And she just, like I'm saying, she was not doing well.
1:00:29 Caleb Hammer? Yeah.
1:00:29 Speaker 05 So I didn't want her to be there by herself.
1:00:31 Caleb Hammer? Well, I agree. I agree with that.
1:00:32 Speaker 05 Mentally and physically not okay by herself. So she came to live with me.
1:00:36 Caleb Hammer? No, I fully support that. Totally cool.
1:00:38 Speaker 05 So I mean,
1:00:39 Caleb Hammer? But what is the added expense for you on that? Are you like taking care of groceries? I'm sure she's getting some kind of social security.
1:00:44 Speaker 05 Yeah, she does.
1:00:45 Caleb Hammer? Okay, so what is the added expense on your end?
1:00:47 Speaker 05 She buys the food for the house for the most part. Like, she keeps it
1:00:50 Caleb Hammer? You have no reason to be behind on bills. In what fucking world?
1:00:55 Speaker 05 This is what happens. Okay, so like, if I wasn't, if I was living by myself, right, like, the water wouldn't be going. Like, I work constantly. No water, no electric. Like, I feel like my bills would be a little
1:01:05 Caleb Hammer? She can't be using that much.
1:01:08 Speaker 05 She'd be taking a shower like every five minutes. I don't know what to tell you. But like, and the electric stays on. You know, whereas if I, if it was just
1:01:14 Caleb Hammer? What's the square footage of your house?
1:01:17 Speaker 05 Um, 2,600?
1:01:19 Caleb Hammer? Yeah, it's decently sized. And if you don't have like
1:01:21 Speaker 05 There's three bedrooms, three bathrooms, there's a garage, like
1:01:25 Caleb Hammer? Well, yeah, and if, if the air is leaking or stuff like that, yeah, that definitely makes it more expensive.
1:01:30 Speaker 05 Like, my electric was like 300 and something dollars.
1:01:33 Caleb Hammer? You have a Capital One Saver card. How about we talk about that? $5,615.16 on it.
1:01:37 Speaker 05 Yeah.
1:01:38 Caleb Hammer? With a hundred, 86 dollar minimum payment.
1:01:42 Caleb Hammer? So this doesn't make any sense. This really doesn't. You have a $6,000 credit limit. You're pushing it towards that. You started at 5,300. You made the minimum payment, but then you purchased almost $300 of things. Why would you purchase on a credit card that is accruing interest that you are not paying off? That you can't pay off? A thou- $130 in interest just this month alone?
1:02:03 Speaker 05 I had no money on my debit card and I have to leave a little bit in there because...
1:02:06 Caleb Hammer? Yeah, you had no money on your credit card, so debit card? So you should purchase all the bullshit, cuz half, 90% of it is bullshit?
1:02:13 Speaker 05 I don't know about that. Let me, let's look at it. Cuz I don't feel like it is. If it's TJ Maxx, that's like, I feel essential.
1:02:20 Caleb Hammer? Little Caesars, Sheen, going in Speedway and getting a fucking sippy, drinky bullshit Jacks. Going in and getting a drink from Speedway, Five Guys, Pizzeria, Ruby Slipper. Yeah, necessity. Huh? Not even one TJ Maxx on there. You got your Sheen.
1:02:43 Speaker 05 So, that was when we went on vacation and the Ruby Slipper place...
1:02:46 Caleb Hammer? You're vacationing? You can't afford to go on vacation? Why didn't you just go to vacation? You can't afford that?
1:02:50 Speaker 05 I told you I've been saving up for it though.
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1:04:09 Speaker 05 and it was pre-planned it was
1:04:11 Caleb Hammer? how much did you spend on that occasion he essentially essentially you know what he did he spent money so that you could spend more money it's one of the gifts that makes you spend more money it happens
1:04:23 Speaker 05 well
1:04:23 Caleb Hammer? for our boy Jake back there for his birthday you know the boys came together we gave him a gift card to build a new fish tank but honestly that just means he's gonna spend more money
1:04:32 Speaker 05 well I guess
1:04:32 Caleb Hammer? so this is what happens if he pays for your vacation but you're gonna go spend money on food
1:04:39 Speaker 05 it was the first of all it was the Ruby
1:04:40 Caleb Hammer? how much did you spend
1:04:42 Speaker 05 it wasn't much honestly because I actually went to
1:04:44 Caleb Hammer? you wouldn't know
1:04:45 Speaker 05 I went to Publix and I bought I bought some of the stuff that we like you know stuff to eat and like little snacky stuff so I wasn't going
1:04:51 Caleb Hammer? you spent forty dollars at Publix
1:04:53 Speaker 05 yeah that was like a week's worth of little snackies
1:04:55 Caleb Hammer? yes and then you went out to eat a lot of times and you go inside the gas station and get some bullshit then what are you stopping a Speedway for and getting for two dollars and fifty cents shut the up then okay lady shut up
1:05:11 Speaker 05 sometimes when I'm so sleepy
1:05:13 Caleb Hammer? oh my gosh I hate you okay um twenty eight percent interest
1:05:18 Caleb Hammer? I wonder he chose the other woman to have the child with
1:05:22 Speaker 05 that cut a little bit deep
1:05:23 Caleb Hammer? maybe you should cut up your credit cards instead
1:05:25 Speaker 05 instead of what
1:05:26 Caleb Hammer? said that cuts deep cut up your credit cards change your life take control for the first time act like an adult for the first time in your life
1:05:34 Speaker 05 no I I am I think like very mature and very um
1:05:38 Caleb Hammer? that's a good joke
1:05:42 Speaker 05 for twenty seven I feel like I'm
1:05:43 Caleb Hammer? fuck you twenty seven you're gonna borrow against half your 401k you're not making your minimum monthly payment on one of your two credit cards and then on the other credit card the balance is going up because you're spending it on bullshit shut the up you don't know what you're talking about okay
1:06:00 Caleb Hammer? Okay, maybe even more resources. Maybe get an accounting certification through Course Careers. Take that so you can learn how to account your own. Use the FIS card because it only allows you to spend what's in your checking account. So you're not being a dumb. And sit down with the financial advisor that I. Shut the up. Sit down with the financial advisor that I use at Domain Money. You get a free session, just like everyone else in the audience. You get a free session with them, okay? Go through those. Use our damn resources.
1:06:31 Speaker 05 But I will say with the credit cards, I was doing really good when I first got the credit.
1:06:36 Caleb Hammer? I don't give a because you're not now. That means nothing.
1:06:39 Speaker 05 But I mean, I built my credit up to like 700.
1:06:41 Caleb Hammer? And now it's 520 or whatever. So I don't give a. Like, why are you jerking yourself off over your past? Your past doesn't matter. What you're doing is now. I've done a ton in the past. I don't shame myself for that. I focus on now and what to do in the future. You don't get to get all excited.
1:06:57 Speaker 05 I know how to use credit cards. I know how to use.
1:07:00 Caleb Hammer? Then why aren't you doing them? How about that?
1:07:02 Speaker 05 I just got in like a really bad.
1:07:04 Caleb Hammer? Yes, a long time ago now. So why haven't you fixed it? You're not making a minimum payment on one or two of them. So what the are you talking about? You're bullshitting me.
1:07:12 Speaker 05 Well, I didn't. And now this is for real, for real, right? I wasn't necessarily like educated on how to pay them off. So I had all three. I had three credit cards, right? And they were all pretty high. So instead of like paying one of them off completely or like the highest like interest or something like that, I just put money across the board. And then after I did that, I realized like that probably wasn't the best decision. I probably should have.
1:07:36 Caleb Hammer? Is there any reason you didn't Google how to pay off debt?
1:07:41 Speaker 05 I just didn't.
1:07:41 Caleb Hammer? Exactly. This is so simple, guys. You can literally look this stuff up. Really, you know, the the interesting.
1:07:47 Speaker 05 I just never.
1:07:48 Caleb Hammer? You know, the interesting thing, this show should not exist. Even our classes shouldn't exist. The thing is, everything you can just figure out, but no one's able to. So we have to put it in. We have to put in the work and package it. Into consumable areas, into the show, into the education.
1:08:05 Speaker 05 It's not something I thought about Googling.
1:08:06 Caleb Hammer? I know, but you were thinking about it because you were doing actionable steps of putting money towards your debt. You could have Googled it for three seconds.
1:08:14 Speaker 05 I was trying to pay them all off, but that.
1:08:16 Caleb Hammer? Here's your 401k loan, $8,000. Great.
1:08:22 Caleb Hammer? What are you invested in? What's your 401k invested in across the board?
1:08:27 Speaker 05 Uh, it's Merrill Merrill Lynch. I don't know what specifically. SRP.
1:08:33 Caleb Hammer? No, like what's the fund that you selected to be in?
1:08:37 Speaker 05 Merrill Lynch? I don't know what you're asking me. Said and Southern.
1:08:41 Caleb Hammer? That's likely the manager of your account.
1:08:43 Speaker 05 Simple Bot, might be.
1:08:44 Caleb Hammer? Yes, in there.
1:08:46 Speaker 05 Yeah.
1:08:47 Caleb Hammer? Are you in the S and P 500? Are you in a target date retirement? What might you be in?
1:08:55 Speaker 05 I'm really not sure. I think it's the... Listen, I just contribute. Okay, I know that's good for me.
1:09:02 Caleb Hammer? But if you're contributing and it's not doing anything beneficial, then what's the point of contributing?
1:09:05 Speaker 05 Well, obviously it is, because it's grown so much, right? But so I never really just like investigated.
1:09:09 Caleb Hammer? So maybe it's following the general market. Maybe you're in a target date retirement fund, since you're younger, it's a bit more on the aggressive side.
1:09:15 Speaker 05 Yeah.
1:09:16 Caleb Hammer? Okay, Jake, look deeper into the documents and it looks like it's a target date. Okay.
1:09:22 Caleb Hammer? Just a normal person, it can kind of make sense. It goes a little too heavy on the bonds for my taste later on, but you know, for just someone who doesn't want to think about it, it's certainly not a bad thing. Checking it out. Okay. Basically, the money that went in went out, so great.
1:09:41 Caleb Hammer? Okay, well, we're blocking out the store name, but every single one of these is a [bleep] store. What are you doing at your work? $2.76 at your work, $1.10. At your work, $8. At your work, uh, well, no, then he went to Wendy's. And then at your work, $2.26, then $2.62. Taco Bell. Then at your work, you did $2.86. At your work, $3.29. At your work, $4.63. You're obsessed! You're out there, you're walking down every aisle and shoving everything in your throat!
1:10:12 Speaker 05 No, not at all.
1:10:13 Caleb Hammer? What are you doing then? Because this is, they're supposed to be paying you, not you paying them!
1:10:18 Speaker 05 It's just like, when you're right there, right? And like, everything...
1:10:22 Caleb Hammer? When you're what there?
1:10:24 Speaker 05 When you're right there.
1:10:25 Caleb Hammer? At there, okay.
1:10:27 Speaker 05 Right there, right.
1:10:29 Caleb Hammer? Oh, when you're right there.
1:10:30 Speaker 05 Yeah.
1:10:31 Caleb Hammer? Oh, for f***ing sake, lady.
1:10:32 Speaker 05 At the store and like, I mean, obviously you can get whatever you want. There, they have everything there. And like, I always need a Red Bull just to like, cause it's a lot. It's a lot.
1:10:42 Caleb Hammer? Why are you buying any of those f***ing Red Bulls? Go to a place where you can buy in bulk. Even at the store you work at, buy in bulk and put it in like the employee refrigerator.
1:10:52 Speaker 05 I try not to drink Red Bull because it's really bad.
1:10:55 Caleb Hammer? Yet you purchase it every day at work. So this trying has failed. So just either quit or do it smart.
1:11:01 Speaker 05 Well, I quit for a while, you know, like a long, a long time I quit drinking Red Bull because it's not good for you and I don't agree with drinking Red Bull.
1:11:07 Caleb Hammer? What on this statement is a Red Bull purchase every other day?
1:11:10 Speaker 05 But when you're there and like you're tired and like.
1:11:13 Caleb Hammer? So do it smart. If you're there, you can purchase a pack from the aisle.
1:11:18 Speaker 05 Yeah. I mean, I, yes.
1:11:20 Caleb Hammer? And then that gives you at least four for a more affordable per ounce price.
1:11:24 Speaker 05 Trying not to drink them. Like, why would you go buy a whole pack?
1:11:26 Caleb Hammer? Oh, cause obviously this is not working. You just have to, you have to pick the smart choice because you're not resisting. You're not resisting.
1:11:34 Speaker 05 But I'm trying.
1:11:35 Caleb Hammer? You can't resist Red Bulls. You can't resist gray hair on men. You, you, this is, you have to make the right choice. Need to move on from him and, and move on from Red Bull. Or if you can't move on from Red Bull, you need.
1:11:48 Speaker 05 So are you saying if I can't move on from him, I shouldn't?
1:11:51 Caleb Hammer? Huh? No, you should talk to a f***ing therapist about that. This is every second of your life. And also some of them are more, they're never the same price. So you're getting more than just a Red Bull. You're getting a snack and stuff too sometimes. Or you're doubling up that bowl.
1:12:05 Speaker 05 It's the small ones and then it's the bigger ones.
1:12:07 Caleb Hammer? So it just depends on the day?
1:12:09 Speaker 05 Yeah, if it's a bad day, we gotta.
1:12:11 Caleb Hammer? Still literally not one of them were the same price. Like there's, it's always different. It is always different. There is not one that was the same price.
1:12:17 Speaker 05 Are you sure?
1:12:18 Caleb Hammer? Yes, I have the numbers in front of my eyeballs.
1:12:22 Speaker 05 It might be like a little a snack with it.
1:12:24 Caleb Hammer? As in the thing I just suggested thirty seconds ago, but you couldn't comprehend?
1:12:34 Speaker 06 We don't need the jingle twice. Stop it. This is about vacation inflation and how Priceline negotiates amazing deals on hotels, flights, and rental cars.
1:12:45 Speaker 06 Yeah, but I didn't mention that you can save up to 60% off hotels in the Priceline app.
1:12:51 Speaker 06 Fine. No one deals more deals than. Please stop. Touche.
1:12:58 Speaker 06 Priceline.
1:12:59 Speaker 05 Maybe.
1:13:00 Caleb Hammer? My gosh.
1:13:01 Speaker 05 But normally it's just the Red Bull.
1:13:03 Caleb Hammer? Oh, by the way, fun fact, I forgot to even mention it. On the credit card that you were at least making the payment on, you have missed like eight payments this year so far, late. So is that even like you pay those payments on time anyway, normally?
1:13:16 Speaker 05 But that was back when, that was before I got my raise and I really was having a hard time.
1:13:21 Caleb Hammer? What was your income again, before the raise?
1:13:23 Speaker 05 So it was 16 every month. No, every, every bi-weekly, it was 1600.
1:13:31 Speaker 05 Yeah, it was 16 bi-weekly.
1:13:33 Caleb Hammer? Okay, yeah, you got a $500 raise. That's great on a monthly basis, $500 a month, net. I mean, no, no, good raise for sure. Should not make or break your entire life with the price of your mortgage. That does not make sense. That does not make sense. You spend ridiculously.
1:13:48 Speaker 05 I was.
1:13:48 Caleb Hammer? You spend ridiculously.
1:13:50 Speaker 05 Cause I didn't have enough money.
1:13:52 Caleb Hammer? Cause you spend ridiculously, lady, if you don't fix your habits.
1:14:00 Caleb Hammer? There you go. Purchasing from your store, $5.97. Purchasing from your store, $2.29. Purchasing from your store, $4.28. Purchasing from your store, $11.51. Purchasing from your store, $8.90. Speedway, you went in and got another monster. Purchasing from your store, $3.22. Purchasing from your store, $4.11. Purchasing from your store, $4.24. Purchasing from your store, $7.25. Then you went to Dunkin' Donuts to swi- switch up the kind of caffeine we're getting. Then you went Taco Bell. Purchasing from your store, $1.94. Purchasing from your store, $2.29. Circle K, went in, got a bev. Arby's it up. The yellow deli.
1:14:44 Caleb Hammer? of twenty five dollars Speedway went in got that coffee purchasing from your store a dollar ninety five purchasing from your store five dollars nine cents purchasing from your store five dollars thirty five cents Sonic Drive-In purchasing from your store two dollars seventy six cents purchasing from your store two dollars seventy six cents there you go that's the same price purchasing your four from your store eight dollars eighteen cents Speedway went and got a coffee coffee Jack
1:15:14 Caleb Hammer? some restaurant purchasing from your store six dollars twelve cents uh or actually sorry that one's two dollars seventy six cents then oh there's Marshalls that's not TJ Maxx and seventeen dollars and fifty six cents where are the TJ Maxx's you keep talking about TJ I didn't see TJ yet purchasing your from your store three dollars twenty two cents what the
1:15:35 Speaker 05 like I just don't realize
1:15:37 Caleb Hammer? and then Happy Hollow twenty dollars
1:15:40 Speaker 05 Happy Hollow
1:15:41 Caleb Hammer? surprise there's no overdraft fees
1:15:44 Speaker 05 I don't I
1:15:45 Caleb Hammer? but you do have monthly fees because you don't have enough money in there so you're giving your bank five dollars just to
1:15:53 Caleb Hammer? like that's a joke that's a joke do you have any other debts that I don't know about any family debts any friend debts
1:15:58 Speaker 05 no nothing like that
1:15:59 Caleb Hammer? I'm surprised
1:16:01 Speaker 05 I just don't
1:16:02 Caleb Hammer? and what's up with your dad
1:16:03 Speaker 05 my dad
1:16:07 Speaker 05 nothing nothing
1:16:10 Caleb Hammer? just just not with your mom
1:16:11 Speaker 05 oh yeah no they're just not together
1:16:13 Caleb Hammer? okay
1:16:14 Speaker 05 yeah they're just not together so
1:16:16 Caleb Hammer? I feel like if you have a lot of room left in your budget after I make you a budget I'm gonna be pissed
1:16:22 Speaker 05 like I really think that you will see
1:16:29 Caleb Hammer? three thousand seven hundred eight dollars what comes in debt minimum payments a hundred eighty six bucks have wait sorry Five eighty-three, probably. You know what, let's say that minimum monthly payment on that other one that you said is more is two hundred. Okay, two hundred. Okay, minimum monthly payment, six eighty-three. Mortgage?
1:16:51 Speaker 05 Mortgage is fourteen ninety-eight.
1:16:53 Caleb Hammer? What's your interest rate?
1:16:54 Speaker 05 I, no.
1:16:57 Speaker 05 It's eight percent.
1:16:58 Caleb Hammer? On your mortgage?
1:16:59 Speaker 05 Yeah.
1:17:00 Caleb Hammer? When'd you get your house?
1:17:01 Speaker 05 Twenty twenty-two.
1:17:03 Caleb Hammer? You're raising rates in twenty-three. Why, why is it so bad?
1:17:09 Caleb Hammer? Did they start raising at the end of twenty twenty-two? When, when in twenty twenty-two?
1:17:13 Speaker 05 It was the beginning, so it was.
1:17:15 Caleb Hammer? Why is your rate so bad?
1:17:17 Speaker 05 Actually purchased it in February of twenty twenty-two, so.
1:17:21 Caleb Hammer? Okay, water, gas, electric? Average it out.
1:17:25 Speaker 05 Average for electric, I would say is like two fifty. Summer months, it's more expensive, but.
1:17:31 Caleb Hammer? Keep going, gas?
1:17:32 Speaker 05 And then, um, gas, water is like seventy-five.
1:17:36 Caleb Hammer? Combined?
1:17:37 Speaker 05 Yes, it's combined.
1:17:38 Caleb Hammer? Okay. Internet?
1:17:41 Speaker 05 Uh, my mother pays for that, so nada.
1:17:44 Caleb Hammer? Phone bill?
1:17:45 Speaker 05 Um, that is one eighty-six.
1:17:48 Caleb Hammer? You own your phone?
1:17:49 Speaker 05 Well, my mom's phone is on there also, and I own hers and mine, so.
1:17:53 Caleb Hammer? Oh, on both?
1:17:54 Speaker 05 Yeah.
1:17:55 Caleb Hammer? Oh, for f*** sake. Can't even get you to switch to helium for fifteen bucks a month.
1:17:59 Speaker 05 I gotta take care of my mommy.
1:18:01 Caleb Hammer? Well, yeah, but you can own the phones outright, and then you can both be on helium, fifteen bucks each.
1:18:06 Speaker 05 I'm paying them off.
1:18:06 Caleb Hammer? T-Mobile service.
1:18:07 Speaker 05 Yeah.
1:18:09 Caleb Hammer? Okay. Gas, room, room, drive, drive, on a monthly basis.
1:18:13 Speaker 05 Very expensive, so, like, my, I live.
1:18:16 Caleb Hammer? Yeah, a number.
1:18:17 Speaker 05 I live probably sixty miles away from work, so I would say on average a month, it's around three to four hundred dollars.
1:18:24 Caleb Hammer? Four hundred. Car insurance?
1:18:27 Speaker 05 Car insurance is three eighty.
1:18:30 Caleb Hammer? TP fund, anything else you need to survive, one hundred, your mom's social security can cover her TP fund. You don't pay for groceries, nor do you need to, because she does. Medical healthcare. Anything ongoing?
1:18:42 Caleb Hammer? You have any pets? You have a dog?
1:18:43 Speaker 05 I've got a dog.
1:18:44 Caleb Hammer? How much for pet food?
1:18:45 Speaker 05 And then I have my little piggy.
1:18:46 Caleb Hammer? How much? Huh?
1:18:47 Speaker 05 My little piggy.
1:18:49 Caleb Hammer? Pig?
1:18:50 Speaker 05 My pig. My pig.
1:18:52 Caleb Hammer? How much for pet food on a monthly basis?
1:18:54 Speaker 05 Probably around, I'm gonna say seventy, cuz his food's a little bit more expensive. He eats a lot.
1:18:59 Caleb Hammer? Okay, do you have pet insurance on the dog at least? I don't know if pigs can get it.
1:19:03 Speaker 05 I don't think pigs can get it.
1:19:04 Caleb Hammer? Okay, get pet insurance or else you're being a selfish pet owner. I'm gonna call that forty bucks a month. So no medical healthcare? Gym?
1:19:14 Speaker 05 Yes, um, thirty dollars. It's like twenty-eight.
1:19:18 Caleb Hammer? Twenty-eight then. Anything else that needs to be in your budget that I have not taken account for?
1:19:23 Speaker 05 Um, I've got a Spotify.
1:19:25 Caleb Hammer? No you don't.
1:19:26 Speaker 05 Yes, I do. How about the Spotify?
1:19:28 Caleb Hammer? Well, we put in things like that after the fact. This is your needs. Come on.
1:19:32 Speaker 05 Well, I cut off all of my subscriptions when I moved into the house cuz I couldn't pay for them, except for Spotify, because like I drive such a long way to work every day.
1:19:40 Caleb Hammer? Let's see if we can fit it in.
1:19:41 Speaker 05 I feel like I need it.
1:19:42 Caleb Hammer? I'm not against fitting it in.
1:19:43 Speaker 05 It's like the only thing I have.
1:19:44 Caleb Hammer? You can't fit it in.
1:19:45 Speaker 05 Can't?
1:19:46 Caleb Hammer? Nope, you are under by two dollars. I mean, literally, if you can't afford it. I mean, this is because your debt minimums payments, you've allowed yourself to go up and you got a mortgage that honestly you couldn't afford. Then you financed phones you shouldn't have. Again, we get rid of the financing of the phones. You get rid of some of the minimum debt payments, even just one of them. All of a sudden, you are able to not only break even but start making progress. Cut the gym, unfortunately. You have to go on walks around the neighborhood.
1:20:14 Speaker 05 I'm chunky. I need the gym.
1:20:16 Caleb Hammer? I, listen, we both do. Great. Listen, you're literally under by two dollars, so debt only goes up. Gym, gym is, gym is-
1:20:24 Speaker 05 You have to actually go into the branch and cancel the membership.
1:20:26 Caleb Hammer? For a second, gym is great. Yes, you do a little effort. Gym is great. You're just gonna be focusing on home stuff for a bit. And walking and jogging and stuff like that, just until you have, you know, we have to cut everywhere we can.
1:20:39 Speaker 05 Yeah.
1:20:40 Caleb Hammer? And I'd rather you have pet insurance than a gym.
1:20:45 Caleb Hammer? Why'd you buy so far away from your work?
1:20:48 Speaker 05 Well.
1:20:49 Caleb Hammer? Can you transfer to one closer?
1:20:50 Speaker 05 No.
1:20:51 Caleb Hammer? Why?
1:20:52 Speaker 05 I just can't. There's no, there's, there hasn't been no openings. I mean, there.
1:20:56 Caleb Hammer? If there is, take it.
1:20:57 Speaker 05 But not right now. There's not any.
1:20:59 Caleb Hammer? But if there is, you'll take it?
1:21:01 Speaker 05 I'll try. I would try.
1:21:02 Caleb Hammer? Cause if you, if gas can go from 400 to 200, boom, we start making moves.
1:21:06 Speaker 05 Yeah. Much easier. But that's why I'm saying, like, if I take out a 401k loan, and I know this sounds crazy.
1:21:13 Caleb Hammer? No.
1:21:13 Speaker 05 But sometimes it's not always like black and white, you know?
1:21:17 Caleb Hammer? No, it's not black and white.
1:21:18 Speaker 05 If I take out the 401k loan and I pay off my car and all those credit cards, then it cuts that minimum monthly payment.
1:21:24 Caleb Hammer? Cause that doesn't make sense for you because your behavior got you here. Your 401k loan is a shortcut. A shortcut then is not good because it's also tightening up your retirement and also it's gonna be at like 13, 14%. Is that better than some of the credit cards? Sure. It's not better than your car. Either way, either way, here's the thing.
1:21:41 Caleb Hammer? You're not changing your behavior. You didn't work to get out of debt.
1:21:44 Speaker 05 Well, I wasn't.
1:21:45 Caleb Hammer? Shut up for a second! If you didn't change your behavior, your debt will go back up. It's happened a thousand times on this show. A consolidation loan, a personal loan, a credit card transfer, or 401k loan, just to pay off a debt, your credit cards go back up again. That's what will happen. I would rather you work to get out of debt because it's more sustainable. I'm not against personal loans or consolidations or debt forgiveness programs. I'm not against any of that. But you have to change your behavior as you're doing it. If you don't change your behavior, you're gonna end up in debt again. You're on track for being close to the right retirement for your age. That $8,000 is denting against it already.
1:22:25 Caleb Hammer? But you're relatively almost on track. You're gonna start [__] yourself. Here's the actual solution for you that I would personally do. Me?
1:22:37 Caleb Hammer? You said your schedule is unpredictable. So does that mean the day is unpredictable?
1:22:41 Speaker 05 Yes, so like I don't have the same days off and then I don't work the same hours. And then because I'm salary, like if there's a need to stay over, then you stay over. And if there's a need to come in early, you come in early.
1:22:51 Caleb Hammer? I want you to get a part-time job, but I don't know how.
1:22:54 Speaker 05 Yeah, with that schedule, that's why I was doing the DoorDash because it's like that's reasonable.
1:22:59 Caleb Hammer? How was your DoorDash earnings versus gas and?
1:23:02 Speaker 05 It wasn't good.
1:23:03 Caleb Hammer? Yeah, I wouldn't think so, especially in a town like that.
1:23:05 Speaker 05 Yeah, like the, there was no tips. So I was making just what you make from like the actual DoorDash.
1:23:12 Caleb Hammer? Yeah, the only tip you're getting is gray hair, forty-year-old.
1:23:16 Caleb Hammer? Listen, you're breaking even by at least cutting the gym.
1:23:19 Speaker 05 Yeah.
1:23:20 Caleb Hammer? Phone bill, you shouldn't have done that. You really shouldn't have done that. That really fucks it off. Utilities, you're gonna have room some months, some room you're gonna be over. Mortgage you can't afford. You bought your house in twenty twenty-three?
1:23:33 Speaker 05 Two.
1:23:34 Caleb Hammer? Two? What's the remaining mortgage?
1:23:37 Speaker 05 So I've got one seventy-six left on it. And I purchased it for two hundred.
1:23:42 Caleb Hammer? Taking your address.
1:23:43 Speaker 05 Fancy little computer. It's touchscreen.
1:23:45 Caleb Hammer? It's an iPad.
1:23:46 Speaker 05 I like that.
1:23:47 Caleb Hammer? Listen.
1:23:48 Speaker 05 I've got two acres of land too. I feel like I did well for myself, honestly.
1:23:54 Caleb Hammer? Pig ruins the solution. This solution. I'm not against the pig thing. I love it, actually.
1:24:00 Speaker 05 You need to same. He's the cutest little baby. He knows how to stand.
1:24:04 Caleb Hammer? For a second.
1:24:06 Speaker 05 Well, I was thinking about getting rid of him. I was because he keeps getting out of my pants. And I'm afraid somebody's gonna like either shoot him because.
1:24:13 Caleb Hammer? Someone will adopt them?
1:24:16 Speaker 05 I don't think so. Like where I work, there's a bunch of Amish people, like it's an Amish community. And I thought about maybe some, but I think.
1:24:23 Caleb Hammer? He'll be eaten.
1:24:23 Speaker 05 Yeah, they'll eat him, I think.
1:24:25 Caleb Hammer? You're okay with your pet being eaten?
1:24:26 Speaker 05 No, that's what I'm saying. Like.
1:24:27 Caleb Hammer? So you're not getting rid of them?
1:24:28 Speaker 05 No, not to the Amish. Well, it was like an option. It was a thought and then like I was kinda talking about it.
1:24:35 Caleb Hammer? Lady, listen.
1:24:36 Speaker 05 They're gonna eat him. I said, oh my god, my piggy.
1:24:39 Caleb Hammer? I think you, I think the best solution is actually selling your house. And moving to a rented place, but with the pig you can't. No one's gonna like that.
1:24:48 Speaker 05 And I have, um, my dog.
1:24:50 Caleb Hammer? Yeah, you can do that.
1:24:52 Speaker 05 My beagle.
1:24:53 Caleb Hammer? You can do that. The dog's fine. There's a few, there's some landlords that will say no, but there will.
1:25:02 Caleb Hammer? I think cuz you haven't, you definitely have an equity position. I'm guessing you'd walk away with at least forty thousand dollars. I'm guessing the Zestim's over by like twenty thousand dollars or something. You probably could walk away with like forty thousand dollars. I'm not, I don't necessarily want you to wipe it. Maybe we wipe the car with that, then we pay off the credit cards via behavior. That's what I want to do. And then you stuff the rest aside for a down payment on a home again in the future, but you just simply won. The mortgage is pretty unaffordable to you. You're again, you're just behind on your stuff.
1:25:34 Speaker 05 If I didn't have the minimum monthly payments, I feel like I would be okay.
1:25:39 Caleb Hammer? No shit.
1:25:41 Speaker 05 So like that's what, that's what I'm trying to figure out.
1:25:44 Caleb Hammer? You should host the show.
1:25:45 Speaker 05 Is like the best way to get rid of these. Because that's really what holds me back is like the minimum monthly payments and then.
1:25:51 Caleb Hammer? What would your minimum monthly payment be on this 401k loan?
1:25:54 Speaker 05 If I took the loan out?
1:25:57 Speaker 05 It would stay the same. It would be like a hundred dollars.
1:26:00 Caleb Hammer? A part of me, I, I don't like this cuz it vibes with my. Huh?
1:26:03 Speaker 05 You agree with me?
1:26:04 Caleb Hammer? No, a part of me is my morals don't vibe with this cuz I believe if you borrow, pay it off. But I almost let the other one, the credit cards go to collections at this point cuz your credit score's already ruined. So it's just like, and then you just, you hope they don't legally go after you, which they could. I mean, that nine thousand dollar balance on one of them is pretty big, so they could go after you.
1:26:25 Speaker 05 Yeah, I don't want that to happen.
1:26:26 Caleb Hammer? It might be worth it in the legal process.
1:26:27 Speaker 05 I really don't wanna do that.
1:26:28 Caleb Hammer? I know, so it's definitely a risk.
1:26:31 Speaker 05 Yeah.
1:26:32 Caleb Hammer? Maybe one of the debt programs where they, you go into the debt program and then they negotiate it. It's really difficult. You're on that edge, there's really nothing to cut, and I don't know how to get you a part-time job. Cuz your schedule is so weird. I think you need to move closer to you as soon as you can, or you need to sell the house. Don't know what you do with the pig. You need to cut expenses anywhere and everywhere you can. This is already without food. I don't know.
1:26:58 Speaker 05 So I'm starving.
1:26:58 Caleb Hammer? Maybe trade down our phones a little?
1:27:00 Speaker 05 And I'm not going to the gym.
1:27:02 Caleb Hammer? Maybe we're trading down our phones a little? I'm not starving, you're not going out to eat. You said your mom buys the groceries.
1:27:08 Speaker 05 She does. That helps out a lot.
1:27:13 Caleb Hammer? Then you start cracking at these debts, one by one. And you'll get there. Just go smallest to the largest.
1:27:19 Speaker 05 I'm making the monthly, the minimum monthly payments on the savior. It's just the bread.
1:27:24 Caleb Hammer? You missed, you missed five this year.
1:27:26 Speaker 05 Well, it was when.
1:27:27 Caleb Hammer? So shut up.
1:27:28 Speaker 05 It was before I got that extra five hundred.
1:27:29 Caleb Hammer? I don't care. You still missed five this year, so don't say I'm making them. Buddy, there's not, you missed almost half of them this year.
1:27:37 Speaker 05 But when, when I got my raise, that's what I paid towards.
1:27:39 Caleb Hammer? I get it, but your spending likely increases as well, because look, we have your spending. I don't know, there's some potential solutions. This one's gonna be hard. Why don't you sit down with the financial advisor, see if they have any extra thoughts of the, you know, this is a live thing that we're doing right now. Maybe something's not popping in my head that, you know, I could be thinking about. Um, so may, sit down with those financial advisors that don't make money. They, they might be able to help. Either way, I'm gonna call the dude on my number in the post show. We're gonna have that crazy conversation, so make sure you guys join our YouTube membership. I recommend Elite for thousands of hours of extra content, exclusive audits, a call-in show where you can talk to us. A lot of other things. And live streams as well. Let's get your hammer for an initial score. Spending a budget, overspent, debt.
1:28:24 Caleb Hammer? No collections, but 401K loan. Is really bad. And not paying on it, I can't give you better than a one out of 10 emergency fund, didn't have any savings, zero out of 10 retirement, it's relatively good. I'm close to giving you, like.
1:28:38 Caleb Hammer? You know, it would have been damn like eight, nine, but you take it for.
1:28:41 Speaker 05 On the financial score? I don't know.
1:28:44 Caleb Hammer? For, on the fucking retirement part. But your 401K is definitely bringing it down to at least the five out of 10. Real estate, you do own a home. The mortgage is too expensive, the interest rate is not good. That's honestly probably what's fucking you. Maybe refinancing it at a lower rate. Well, they say that it mathematically justifies if you can get save 2%. This next rate cut, see where mortgage rates are about a month after that? If you can get under 6%, refinancing your home. You have a shit score, your debt income's horrible, you're not gonna be able to refinance. Not for anything worth it. Real estate, because of those qualities going against you, I'm also gonna give it a five out of 10. Because it's a risky situation.
1:29:27 Caleb Hammer? Amber Financial Score 2.5 out of 10, real estate saved ya. Congratulations. Alright y'all, all of our education is bundled together for 15% off. I'll see you guys in the post-show, make sure you join that, link in the description below. It's about to be a wild one. So, you still love gray hair?
1:29:43 Speaker 05 I don't know, it's hard to say, I do.
1:29:45 Caleb Hammer? That's emotional cheating, call him.
1:29:47 Speaker 05 He didn't want me to come on the show.
1:29:48 Caleb Hammer? He's a bad person. Oh, yeah.
1:29:51 Speaker 05 I'm getting nervous.
1:29:52 Caleb Hammer? Listen, he was a dick, so we can [BLEEP] him over, alright?
1:29:57 Caleb Hammer? Hi.
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