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Transcript 17,990 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 Welcome to the 50th Hunger Games.
0:32 Speaker 02 Witness the beginning of the revolution.
0:34 Speaker 03 Hey Mitch, you've been trying to take down these games from Star.
0:37 Speaker 02 Filmed for IMAX.
0:38 Speaker 03 Make them remember you.
0:41 Speaker 02 The Hunger Games: Sunrise on the Leaping, November 20th, rated PG-13.
0:45 Caleb Hammer? To watch episodes of Financial Audit a week earlier, check us out on YouTube.
0:48 Speaker 05 It's easier to say that we're [bleep] from looking out and on the outside than from actually living inside of it. Why, no, the debt!
0:55 Caleb Hammer? You were off by 10,000.
0:56 Speaker 05 Meh, 10,000 in a grand scheme of all of it.
1:00 Caleb Hammer? Substantial amount of money. You're right, you're in an insane amount of debt.
1:02 Speaker 05 I'm totally on board with budgeting. I know we have enough money.
1:06 Caleb Hammer? Which is why we're spending more than we made.
1:08 Speaker 05 Gotta pay my $1,500 mortgage, and I only have 50 bucks left. How am I supposed to spend money on groceries?
1:16 Caleb Hammer? Are you [bleep]?
1:17 Speaker 05 I am not [bleep].
1:20 Caleb Hammer? Hammer Elite is the best YouTube membership on the platform, and I just upgraded it. Get access to exclusive shows every single day, Monday through Saturday. And for the rest of the month, I am paying for you to sign up. Sign up for Hammer Elite in the description or pinned comment below and submit proof of purchase at hammerelite.com. After that, I'll send you a $10 digital gift card that can be spent basically anywhere and in most countries. This is the best membership you'll ever join. That's a promise.
1:48 Speaker 05 I'm Liz. I'm 38 years old. I'm from Pittsburgh, Pennsylvania, and this is Financial Audit.
1:55 Caleb Hammer? Well, thanks for coming down to Austin from Pittsburgh. I appreciate it. What do you do up there for a living?
2:00 Speaker 05 I work on a marketing team for a bank, so I'm our corporate merchandising officer.
2:05 Caleb Hammer? Working at a bank, but in marketing, that's usually not what people do at a bank.
2:10 Speaker 05 Right.
2:11 Caleb Hammer? You know?
2:11 Speaker 05 Right.
2:11 Caleb Hammer? When they come on the show. So what do you make? Marketing can make, you know, pretty, pretty solid money legitimately.
2:18 Speaker 05 So right now I'm at about, about 65,000 a year.
2:22 Caleb Hammer? How's that doing in Pittsburgh?
2:24 Speaker 05 Um, it's all right. I feel like I could always be making more money.
2:27 Caleb Hammer? Everyone can always be making more money, but how's it doing in Pittsburgh? How's that 65 running?
2:33 Speaker 05 I'm married, so I have a husband.
2:34 Caleb Hammer? Well done. Is his, are his finances incorporated into these docs?
2:38 Speaker 05 Everything is.
2:38 Caleb Hammer? Is he a pussy? Or is he?
2:40 Speaker 05 No, I don't think he could take the heat.
2:42 Caleb Hammer? So he's a pussy? I was correct in my assessment.
2:46 Speaker 05 He, I think it would be receptive to a conversation, but I don't think it could handle the, this type of conversation.
2:53 Caleb Hammer? Well, that's okay. So his finances are included in this?
2:56 Speaker 05 Correct.
2:56 Caleb Hammer? Okay, so what's his job?
2:58 Speaker 05 He works as a local delivery driver and warehouse person for a marble countertop.
3:07 Caleb Hammer? Gotcha.
3:08 Speaker 05 He just started that job, so he's just started. He's making $22 an hour, about 40, probably 40 plus hours a week. We just got his first regular paycheck.
3:20 Caleb Hammer? And what hit?
3:21 Speaker 05 It was 1750.
3:23 Caleb Hammer? And is that every other week?
3:24 Speaker 05 It's semi-monthly.
3:26 Caleb Hammer? Good.
3:27 Speaker 05 I'm guessing it'll probably be a little bit less than that typically. So 15 is probably safe.
3:33 Caleb Hammer? Okay, so 3,000 from him, what hits your account from you?
3:35 Speaker 05 So historically, we've been semi-monthly and I've been at about 3,500 a month. But after the beginning of the year, we're going to buy weekly, so my paychecks are going to be less.
3:47 Caleb Hammer? Yeah, but it'll be honestly pretty dang similar. Let's call it 6,250.
3:51 Speaker 05 Yeah.
3:52 Caleb Hammer? Okay, as far as the household income, not bad. Midwest Rust Belt, definitely not one of the more expensive areas, that's for sure. Declining area, Pittsburgh, not a bad city though. So cheap, so 6,200 should be doing pretty well.
4:07 Speaker 05 Yeah.
4:07 Caleb Hammer? And Pittsburgh, you and the hubby?
4:09 Speaker 05 Yeah.
4:11 Caleb Hammer? Are you? I would suggest no if you're on this show.
4:14 Speaker 05 No, I mean, I feel like we've been treading water for a while.
4:18 Caleb Hammer? Why? What's treading water to you?
4:20 Speaker 05 I never really thought our debt was too bad. I felt like we were kind of making progress in a good way.
4:26 Caleb Hammer? What does that mean?
4:27 Speaker 05 I have this plan.
4:29 Caleb Hammer? Plan?
4:29 Speaker 05 Yeah, I'm a big planner.
4:31 Caleb Hammer? Ooh, tell me the plan. The Liz plan, the plan of Liz.
4:35 Speaker 05 It's kind of a
4:36 Caleb Hammer? Liz and pussy husband.
4:37 Speaker 05 A very multi-step plan.
4:40 Caleb Hammer? Okay.
4:41 Speaker 05 But
4:42 Caleb Hammer? Most are.
4:44 Speaker 05 Will, will, uh, potentially go downhill if anything bad happens. So it only works if
4:51 Caleb Hammer? Why do we set that plan up then? Cause that's not a realistic plan. Bad things happen all the time. What are we talking about?
4:56 Speaker 05 That's very clear.
4:57 Caleb Hammer? So what, but why would you make that? No, that doesn't make any sense. Why would you make that plan? That's not a plan.
5:01 Speaker 05 Well, you have to have something if you're taking
5:04 Caleb Hammer? Yeah, but you're the one who constructed the plan. You're the one who made the plan.
5:06 Speaker 05 Yes.
5:07 Caleb Hammer? So why would you set up a plan that can't have any flaws happen along the way?
5:11 Speaker 05 Well, it's better than not having a plan at all.
5:13 Caleb Hammer? Sure, but it sounds like it's almost basically like that in the end.
5:17 Speaker 05 Well.
5:18 Caleb Hammer? Cause it's an unsustainable plan. Cause there is no life, no life that anyone lives, even the best lives among us, where something unpredictable does not pop up along the way. This is not possible. This is not a thing. Could be five years, could be five minutes. I don't know.
5:31 Speaker 05 I get that, but you gotta, you gotta do what you gotta do in the moment.
5:35 Caleb Hammer? Sure. So what's your grand plan? What's this grand plan?
5:37 Speaker 05 Well,
5:37 Caleb Hammer? Plan?
5:38 Speaker 05 I mean, you kind of have to look at everything first.
5:40 Caleb Hammer? Oh, my gosh. Or you could just tell me the plan. I'm sorry, but I want to know.
5:45 Speaker 05 It doesn't
5:45 Caleb Hammer? I want to know where your brain is at as I'm going into this.
5:48 Speaker 05 It does involve, uh,
5:52 Speaker 05 several consolidations over the next
5:56 Speaker 05 two to three years.
5:57 Caleb Hammer? Which can potentially be okay. It's just like any other tool.
6:00 Speaker 05 Right.
6:01 Caleb Hammer? Even cash advance to a certain point, you know, can be okay if you're using it in the right way. If you're not changing your behavior, consolidation will fuck you, just like, uh, everyone that's ever been on this show.
6:13 Caleb Hammer? So I wouldn't necessarily suggest that makes the most sense if you're the one on the show, meaning your behavior is likely out of control.
6:18 Speaker 05 I would say that.
6:22 Caleb Hammer? What are you gonna use this bank that you work at or something? Is that like the grand school?
6:25 Speaker 05 Yes.
6:26 Caleb Hammer? Actually.
6:27 Speaker 05 So I, well, I actually worked before I was in marketing. I've been with the bank for over 12 years. I was in a branch for six and a half years. So I am very familiar with the different options that are available and I'm seeing people.
6:42 Caleb Hammer? So. Well, you are so, okay, Mrs. Bank Teller.
6:48 Speaker 05 I wasn't just a teller. I was on the platforms. I was opening accounts, doing loans, all that good stuff.
6:53 Caleb Hammer? Wow, wow.
6:54 Speaker 05 Yes.
6:55 Caleb Hammer? For yourself?
6:56 Speaker 05 Not specifically, but.
6:59 Caleb Hammer? If you're the banker queen, if you, if you were helping other people with their loans, navigate the system, same people that were getting, why are you?
7:08 Speaker 05 Well, I think it's, it's easier to say that we're from looking out and on the outside than it is from actually living inside of it. Yeah, well.
7:18 Caleb Hammer? What else is there to go off of? Oh, you don't feel known the numbers say you are, so you're not what?
7:22 Speaker 05 No, I mean.
7:23 Caleb Hammer? Make that, make that make sense to me.
7:24 Speaker 05 When you look at it as an outsider, as a whole picture.
7:27 Caleb Hammer? How much debt do you have, banking lady?
7:29 Speaker 05 Uh, besides our mortgage?
7:31 Caleb Hammer? You know, that's actually a debt. I don't know if you believe that or not.
7:34 Speaker 05 Yeah, um, probably about three 60?
7:41 Caleb Hammer? Just about 350. Okay, very good. How much did you spend last month, banking lady?
7:45 Speaker 05 Well, uh, income was probably.
7:49 Caleb Hammer? No, that doesn't matter. How much did you spend last month, banking lady?
7:51 Speaker 05 Between 75 and 8,000.
7:53 Caleb Hammer? Okay, 15,970 dollars, 33 cents. So you're not, can you tell me how you're not?
7:57 Speaker 05 Now, does that include interest?
7:59 Caleb Hammer? It potentially includes interest.
8:01 Speaker 05 Okay.
8:02 Caleb Hammer? It is everything that is going against you, essentially.
8:05 Speaker 05 Well, here's the question I've always had when you tell people that about credit cards. So as someone who, obviously, we're not in this place now, but as someone who was consistently using a credit card and paying it off every month.
8:19 Caleb Hammer? Were.
8:20 Speaker 05 Were, yes, but now by choice not doing that.
8:24 Caleb Hammer? Wh- why?
8:27 Speaker 05 To get away from it. So that's partly what the plan-
8:30 Caleb Hammer? Not paying on your debt is to get away from- oh, so you're gonna let-
8:34 Speaker 05 No, use- trying to use the debit card instead of making a payment on the credit card just to use the credit card again.
8:41 Caleb Hammer? Sure, but you should still make payments.
8:42 Speaker 05 Yes. Oh, definitely making minimum payments now.
8:45 Caleb Hammer? You're making it sound like you're- okay, okay. What's your- what's your question then?
8:47 Speaker 05 So, so we were at a place where we were spending on the credit card and then paying it off every month.
8:52 Caleb Hammer? I got that one. Yes, I got that part.
8:54 Speaker 05 So, if I'm looking at purchases, let's say it's $1,500 of purchases that I made that month.
8:59 Caleb Hammer? Why the [bleep] are you doing that?
9:01 Speaker 05 Well, just as the example for now.
9:04 Caleb Hammer? Should it be? You're broke, you're dying, in debt, at forty.
9:10 Speaker 05 But if I'm paying it off, not quite forty yet. Give me a couple more years, then I'll be forty.
9:14 Caleb Hammer? One, you're basically forty-two. You're not paying off your debt.
9:17 Speaker 05 So, anyway.
9:18 Caleb Hammer? Okay, so I don't understand why this example exists then. This is not based in reality.
9:22 Speaker 05 Well, I'm just, as far as calculating the amount spent in a month. So I spent $1,500 on the credit card, but then I made a $1,500 payment. Does that count as $300, $3,000 worth of spending?
9:35 Caleb Hammer? No.
9:36 Speaker 05 That was my question.
9:37 Caleb Hammer? So, it clearly indicates you're even more [bleep] than you think.
9:40 Speaker 05 Well, yes.
9:44 Caleb Hammer? No, it's net.
9:45 Speaker 05 Okay.
9:45 Caleb Hammer? It's net.
9:46 Speaker 05 Now, I was- I was always wondering that.
9:47 Caleb Hammer? It's net in versus net out. It always is.
9:50 Speaker 05 I'm definitely interested.
9:51 Caleb Hammer? That's how the spending is.
9:52 Speaker 05 Okay.
9:52 Caleb Hammer? And your net out is $15,970.33 of death of insanity of [bleep] you, of chaos. What does the husband, who's too much of a [bleep], think about all this? Does he even know anything about this?
10:03 Speaker 05 He does.
10:04 Caleb Hammer? And his thoughts?
10:05 Speaker 05 Um, so I handle all the finances.
10:08 Caleb Hammer? Okay, so little cuck husband. He's cuck in more ways than other. He's sitting in his cuck chair right now at home. Well, his wife is here, speaking on the finances for the house. Although I know he's a cuck.
10:21 Speaker 05 He just started a new job, so he can't take time off. But anyway.
10:26 Caleb Hammer? Oh, you could have said that at the beginning.
10:28 Speaker 05 Well, I'm saying it now.
10:29 Caleb Hammer? Yeah, but he started with because he's a pussy.
10:31 Speaker 05 Well, anyway, so, uh, where was I going with this?
10:36 Caleb Hammer? I don't know.
10:36 Speaker 05 Oh, we were talking about him and what he knows. He knows about it. I handle all the finances.
10:41 Caleb Hammer? Knows about it. What does he know?
10:43 Speaker 05 How much debt we're in and where the debt is.
10:45 Caleb Hammer? Even off on your debt, so.
10:47 Speaker 05 Well, I know the debt. I know all the debt.
10:50 Caleb Hammer? By 10,000.
10:51 Speaker 05 Nah.
10:54 Speaker 05 10,000 in the grand scheme of all of it.
10:57 Caleb Hammer? Amount of money. You're right. You're in an insane amount of debt.
10:59 Speaker 05 But I have a plan.
11:01 Caleb Hammer? Well, of which we have not been able to hear. I mean, I heard some consolidations might be happening.
11:05 Speaker 05 Yes.
11:07 Caleb Hammer? Like, that can be good or bad depending on, I mean, your spending is obviously outrageous, so it would be bad.
11:13 Speaker 05 I think.
11:14 Caleb Hammer? If you do a consolidation right now, it would be bad.
11:16 Speaker 05 Well, yeah, that's why it's not planned until.
11:19 Caleb Hammer? Again, what is your plan, lady?
11:22 Speaker 05 Like I said, there's two rounds of consolidations that are gonna happen within the next year.
11:28 Caleb Hammer? Around today.
11:29 Speaker 05 That it wouldn't make sense.
11:30 Caleb Hammer? Okay, so what's your plan then? Timeline, details, please. Anything. I can't have an educated conversation if I don't know what we're talking about.
11:40 Speaker 05 So there's a chunk of the debt that will consolidate in July of 2026. No, we'll be refinancing.
11:51 Caleb Hammer? Why are you doing that in July?
11:54 Speaker 05 Cause there's some things that are coming.
11:56 Caleb Hammer? What?
11:57 Speaker 05 Do at that time.
11:58 Caleb Hammer? Again.
11:58 Speaker 05 Are we gonna go through it or do you wanna talk about it now?
12:01 Caleb Hammer? I'm just trying to get a general timeline and the reasons why.
12:05 Speaker 05 There's a couple credit cards, uh, one or two, uh, one.
12:10 Caleb Hammer? What the? He broke two ribs this morning?
12:12 Speaker 05 Yeah. I love my husband very much. He's my best friend.
12:16 Caleb Hammer? But he's.
12:17 Speaker 05 He's not. He is accident prone.
12:27 Speaker 05 He cooked for a living for a long time.
12:29 Caleb Hammer? So that means he falls and breaks two ribs?
12:31 Speaker 05 He's gotten hurt at work.
12:33 Caleb Hammer? How old is this man?
12:33 Speaker 05 Forty-six.
12:36 Speaker 05 Eight years.
12:38 Caleb Hammer? Well, that's fine. I'm not talking about the age gap. You're thirty-eight. I think that's okay.
12:42 Speaker 05 Yeah.
12:43 Caleb Hammer? I don't think Twitter's gonna cancel him for that. No, they probably will.
12:46 Speaker 05 That's okay. I'm not on Twitter.
12:49 Speaker 05 I'm barely on anything.
12:51 Caleb Hammer? If he's doing all this manual labor, how is he gonna be able to do this with two broken ribs? How are you guys gonna be able to afford bills in any way whatsoever? You said your plan relied on nothing crazy happening. You literally just broke ribs this morning.
13:03 Speaker 05 Correct.
13:04 Caleb Hammer? So what the are you talking about? That's not a plan. That's you setting yourself up for failure.
13:09 Speaker 05 That's why part of the plan.
13:12 Caleb Hammer? Oh, plan.
13:13 Speaker 05 And one of my goals.
13:14 Caleb Hammer? Unknown plan. This is a plan that we've seen five percent of.
13:18 Speaker 05 To save up at least a $5,000 emergency fund by the end of 2026.
13:23 Caleb Hammer? End of next year. He just broke his ribs today, you. You think nothing's happening by the end of next year in thirteen months? In thirteen months, he's breaking ribs. Things always happen. You call him accidentally prone.
13:37 Speaker 05 I did not call him.
13:38 Caleb Hammer? I said that in real. I will have AI say it for you. You said it.
13:43 Speaker 05 Accidentally prone, yes.
13:45 Caleb Hammer? Words happen. Who knows what anyone says? Who knows what anyone says time from time?
13:50 Speaker 05 Rewind it. We'd see that I didn't say it. You did.
13:53 Caleb Hammer? Editor, have AI have her say it. Clearly, he's just showing that things happen and he can, I guess I'm being told that they can just let him go in ninety days in his state for any reason whatsoever.
14:06 Caleb Hammer? Whatsoever.
14:06 Speaker 05 I am a little bit concerned.
14:08 Caleb Hammer? So you have concern and you're not gonna, we're not gonna do any kind of sacrifices in order to get any kind of emergency fund until next, end of next year?
14:16 Speaker 05 Well, that's what I'm trying to figure out exactly what the sacrifices are that we need to make.
14:20 Caleb Hammer? Okay, don't go out to eat. You spent hundreds of dollars going out to eat.
14:24 Speaker 05 I'd be interested. I'm interested to see those numbers.
14:27 Caleb Hammer? Okay, those numbers. Here they are.
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15:00 Caleb Hammer? Being these bullshit alone, other things you don't need, it could be video games, it could be hot comic books. I don't know what the it is right now. It is $1,612.26.
15:09 Speaker 05 Well, I know a lot.
15:10 Caleb Hammer? Minimum on bullshit was $2,150, minimum, minimum, minimum, minimum, minimum. You want to know how to sacrifice? I mean, right there. Listen, that gets you, that gets you to that 5,000 hour emergency fund in approximately two months.
15:26 Caleb Hammer? Just by cutting back on that. So you say he knows, but does he not want to participate?
15:30 Speaker 05 So.
15:31 Caleb Hammer? You run the finances, yet you shouldn't he be involved then? Shouldn't there be a?
15:34 Speaker 05 I wouldn't say that I'm it.
15:36 Caleb Hammer? How not? You run the finances and yet this is where we are. So you're the captain.
15:42 Speaker 05 I would say that he would agree with me in saying that if it was up to him, there would be no plan at all.
15:49 Caleb Hammer? What? No, what does that even mean?
15:51 Speaker 05 If the finances were left to him, there would be no plan at all.
15:56 Speaker 05 And I love my husband. He's very smart. He's, he's my best friend.
16:00 Caleb Hammer? Very smart. Yeah, sounds like it.
16:01 Speaker 05 He's not super detail oriented and he, I feel like.
16:06 Caleb Hammer? You don't have to be detail oriented to use a budgeting app like Dollarwise. It's so simple. It just does it for you.
16:11 Speaker 05 Do we want to talk about that right now?
16:13 Caleb Hammer? So why don't you guys use a budgeting app? It's so easy. If he's struggling at detail oriented crap.
16:18 Speaker 05 Well, I want to use the budgeting app, but it's not working the way that I wanted.
16:22 Caleb Hammer? Why aren't you using a budgeting app was the question?
16:25 Speaker 05 Well, he just recently got an iPhone, so I finally got him over to the right side. So I do want to use the budgeting app and that was one of.
16:36 Caleb Hammer? Why don't you?
16:38 Speaker 05 Because I haven't found one. I haven't found one.
16:40 Caleb Hammer? He doesn't need a. iPhone to use a budgeting app was using a flip phone?
16:46 Speaker 05 No.
16:46 Caleb Hammer? Then what the are you talking about? Google Play Store, Apple Store, they have the same things. If one makes one for one, they have it for the other.
16:53 Speaker 05 He's not very technologically.
16:55 Caleb Hammer? So he's cannot call him smart. And I'm sorry.
16:58 Speaker 05 He's very smart.
16:59 Caleb Hammer? No, he can't download an app? What are you talking about? He falls and breaks his ribs every three days? What are you talking about?
17:06 Speaker 05 He's gonna have a field day with this.
17:08 Caleb Hammer? Well, listen, this kind of comes on you.
17:10 Speaker 05 We kind of, we, you know, we're, we're. He's good in ways that I'm not good and vice versa, so.
17:18 Caleb Hammer? What are you good in? Your finances are a complete disaster. Where's your good? Where's your good? Tell me your good.
17:23 Speaker 05 I at least, I, I at least have a un- understanding of what the situation is.
17:28 Caleb Hammer? Why aren't you using a budgeting app?
17:30 Speaker 05 Because I haven't found one that I like that works properly.
17:33 Caleb Hammer? Works properly, then you don't know what the you're looking for. Cause it's not up to you. It's not up to how you want it to look to tell you what you want to see. It tells you what you need to know. You categorize things, it does it automated. Boom, you're good. You're chilling. It isn't there to baby you. It isn't there to give you what you want to hear. Listen, uh, the Ramsey one, uh, it's a little too strict in his worldview. Okay, you need a budget? Too complicated onboarding process. But all these, if you use them, they will at least work. Like all these Dollar Wise, Monarch, any of the ones. They will give you what you need to know. It's automated. If, but you just want to see what you want to see. Millions of people use these.
18:17 Caleb Hammer? Millions, tens of thousands use ours. Millions of people use all the budgeting apps all together.
18:22 Speaker 05 I want to use yours.
18:22 Caleb Hammer? You're not a broken person. Well, okay, great, then do. Listen, you are, you have the ability to actually make use of tools.
18:30 Speaker 05 Yes.
18:30 Caleb Hammer? But if you aren't seeing what you want to see, that's not the platform's fault. That's you needing to actually follow plans.
18:37 Speaker 05 Well, then I need, I need somebody to help me with it.
18:40 Caleb Hammer? The fact that you guys are incapable of doing anything is no longer anyone else's fault.
18:44 Speaker 05 I wouldn't say that we're incapable.
18:46 Caleb Hammer? Okay. Where the, where's any semblance of capability? Because again, you're running the household finances. It's a disaster.
18:55 Speaker 05 It's an organized disaster.
18:57 Caleb Hammer? Where's the organization?
18:58 Speaker 05 I have a spreadsheet.
19:00 Caleb Hammer? Spreadsheets don't matter if you don't do anything based on it.
19:04 Speaker 05 I do do stuff based on it.
19:05 Caleb Hammer? What do you do because this is a disaster?
19:07 Speaker 05 Came from.
19:08 Caleb Hammer? You have the plan that you can't even talk about.
19:10 Speaker 05 I'm happy to talk about the plan.
19:12 Caleb Hammer? Twenty minutes in, I've tried to get you to talk about it a couple of times.
19:15 Speaker 05 And you keep interrupting me.
19:16 Caleb Hammer? Dude, you said a consolidation is coming in July. Five thousand hours by the end of next year.
19:20 Speaker 05 Yes.
19:21 Caleb Hammer? That's it? Well, we already know that plan is.
19:24 Speaker 05 Step of the plan. The second step.
19:27 Caleb Hammer? I'm giving you the platform to talk about your plan.
19:30 Speaker 05 Okay. So there's a set of debts. That will get, the plan is to consolidate them in July.
19:39 Caleb Hammer? We've already heard this one.
19:40 Speaker 05 Got it.
19:41 Caleb Hammer? I was really hoping you'd give more new information.
19:43 Speaker 05 In the beginning of 2027, that consolidation and then another set of debts will get consolidated again.
19:57 Caleb Hammer? Why? What's the logic behind the plan?
19:59 Speaker 05 Well.
20:00 Caleb Hammer? Especially when you guys can't control your spending and you spend 2,100 hours on bullshit minimum last month. Why would that can, how would, why would we consolidate? Because you're just going to rack up the debt again. I already have examples of here, Colton has said that, I mean, yeah, you pay, you've paid off your credit card and then racked it all the way back up again. Like you've done that. You obviously show that you can't manage spending to save your life. So why the would a consolidation be something we're even considering? You just need to grind down debt, pay, close off your accounts, close your accounts. You can't manage shit to save your life. You're not a credit card person. Why is your plan setting yourself up for failure in two ways? One, not prepared for an emergency. Two, just consolidating your debt, which is going to lead you with double the debt in the end. And you're consolidating your consolidated debt? Why are you even doing that? What's the logic behind that for you?
20:41 Speaker 05 Um, because there are certain debts that you'll see that that is the only option to do.
20:47 Caleb Hammer? What the? Okay.
20:53 Caleb Hammer? You seem like you know what you're doing. The banker lady, you know what you're doing. So what the [bleep], what are we talking about?
21:01 Speaker 05 So I watch your show.
21:04 Caleb Hammer? Thank you.
21:05 Speaker 05 Yes, and there are a lot of times where I feel like you shut people down where...
21:16 Caleb Hammer? Open a financial audit.
21:17 Speaker 05 I understand. That's why I'm here. Oh, I said it. Um, so it's one thing to look at a situation from the outside.
21:26 Caleb Hammer? From the numbers, strictly the numbers, which is...
21:28 Speaker 05 But as far as, and I'm totally on board with budgeting. I know we have enough money after...
21:34 Caleb Hammer? Let's get to the point.
21:34 Speaker 05 I know we have enough money after we pay our bills to budget for those...
21:40 Caleb Hammer? Which is why we spend more than we made.
21:42 Speaker 05 Those categories. Um, but when you're in the day to day...
21:47 Caleb Hammer? Oh, like everyone is.
21:48 Speaker 05 Like everyone is.
21:50 Caleb Hammer? Very scary day to day.
21:51 Speaker 05 Yes, uh, when, you know, I can say I have budgeted $750 a month for groceries or whatever it might be, but if I get a $1,600 paycheck and I gotta pay my $1,500 mortgage out of it, and then I gotta pay a $50 electric bill or whatever it is, and then I only have 50 bucks left, how am I supposed to spend money on groceries?
22:13 Caleb Hammer? So, question, question for me. Uh, we already know your husband is, but are you...
22:19 Speaker 05 I am not.
22:20 Caleb Hammer? Then why the [bleep] could you even bring up that point if you spent $2,150 on bullshit? That is what's [bleep] in you. I don't want to hear it. You guys bring in $6,250. Well, soon to be about $3,250 because he's definitely going to lose his job because he can't do any manual labor because he falls and breaks his things every single day of his life because he can't stand up without breaking and he can't download apps and requires an iPhone in order to be able to do that because the Google Play Store is so hard. Yeah, complicated individual.
22:48 Speaker 05 We have different strengths, right?
22:50 Caleb Hammer? That's, that's, no, no, we're not coping with that.
22:54 Speaker 05 There are things that he's really strong at that I'm not.
22:56 Caleb Hammer? It's downloading a app, dude, that's, we can't excuse that. We can't excuse that.
23:03 Speaker 05 He's a little bit older.
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23:49 Caleb Hammer? They've got a 4.6 star rating on Google, which tells you people genuinely like working with them. So if your private student loans are burying you, it is time to reach out. Y Refi wants to help you climb out of debt, not push you further into it. Check them out at yrefy.com/hammer. That is Y R E F Y dot com slash hammer or call 888-973-3978.
24:14 Speaker 06 Five stocks to sell. You might be missing the opportunity of the year.
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24:44 Caleb Hammer? That is 888-973-3978. Break free from the high interest trap and get your finances under control once and for all. That's kind of stupid, I'll be honest, but what's not is actually getting a checking account that gives you free money. Free money, we like free money. You can get up to $350 in bonus cash right now when you sign up for the checking account that I use, Chime. Also, it makes your savings grow at a 3.5 APY interest rate. Guys, you can watch Financial Odd and get free money at the same time. Who would have thought? That's incredible. Check it out. Link in the description below. Sign up for Chime. Get that $350 right now in your checking account.
25:25 Caleb Hammer? My 80-year-old grandpa is downloading apps. This is, do not cope your way out of this. I don't know. I'm sure you love him. You do not need to cope your way out of this. But how the can you sit here, talk about the monies coming in, worrying about paying your mortgage, worrying about paying groceries when you spent $2,150 on bullshit last month? That's not shutting people down. That's you having a horrible take, coping to the extreme, and not being able to recognize that clearly the issues that you're dealing with is because you can't stop spending money on bullshit.
25:54 Speaker 05 Well, I'm interested to see what the bullshit is. I know what a good chunk of the bullshit is.
25:59 Caleb Hammer? What?
25:59 Speaker 05 And I hate to put it on him because I'm also responsible.
26:03 Caleb Hammer? Okay, then don't put it on him. I don't know.
26:05 Speaker 05 But he has a habit of gas station spending.
26:09 Caleb Hammer? Uh huh.
26:10 Speaker 05 So...
26:12 Caleb Hammer? Like stopping in and getting some bullshit?
26:13 Speaker 05 Several times a day.
26:14 Caleb Hammer? What is he getting? Several times a day? What the is he getting?
26:16 Speaker 05 We live right down the street from a gas station.
26:19 Caleb Hammer? Why is this guy such a little?
26:21 Speaker 05 Oh, he's, oh, he's, he's gonna be mad at me. Um...
26:24 Caleb Hammer? Why? For saying what he spends money on when we're going through the finances? Because he can't handle being called out on shit. He's holding back his household. Do you guys have kids?
26:33 Speaker 05 Uh, no, but we want to.
26:35 Caleb Hammer? Good the luck. He's holding back his household. He's stopping at the gas station multiple times.
26:39 Speaker 05 I mean, I'm definitely part of it, too.
26:42 Caleb Hammer? Sure. He's stopping at the gas station multiple times a day to get some bullshit. That's, he's not willing to be called out on it? Pussy. Bitch. Cock.
26:53 Caleb Hammer? For real, for real. What is he getting? What is he getting?
26:57 Speaker 05 Cigarettes.
26:58 Caleb Hammer? Okay, yeah, go ahead and kill yourself. Not, not like suicide, but like he's giving himself cancer. Why? Why does he want that?
27:05 Speaker 05 That's a constant battle argument.
27:09 Caleb Hammer? Well, no shit, I wouldn't be with him. That's disgusting. How do you even manage to keep your nose open when you're near him?
27:14 Speaker 05 It's not, he doesn't, he doesn't smoke quite as much as he used to, but.
27:20 Caleb Hammer? How many packs a week?
27:22 Speaker 05 A week? Maybe one every two days? He's definitely not a pack a day.
27:28 Caleb Hammer? Gross, horrendous, disgusting.
27:30 Speaker 05 It is absolutely gross.
27:32 Caleb Hammer? He smells like shit, he is gonna die young. Okay, and snacks? Energy drinks?
27:36 Speaker 05 No, not energy drinks. Bottles of water, which really drives me nuts. I'm like, why are you buying a bottle of water?
27:42 Caleb Hammer? I told, I, I, he is.
27:44 Speaker 05 Oh my god, he's gonna be so mad.
27:47 Caleb Hammer? Why? Why is he gonna be mad at you? This is literally, what? He didn't think this would be coming up?
27:51 Speaker 05 I just won't let him watch it.
27:53 Caleb Hammer? Right, so he is a true, he really is. You completely own him.
27:57 Speaker 05 I don't even know what that means. Maybe I'm too old to know what that means.
27:59 Caleb Hammer? When Colton was on the phone with you doing the onboarding and everything, he got mad because he couldn't buy lunch because he didn't have a credit card and they were all over drawing, you guys were over drawing on your bank account. While you're doing the onboarding for Financial Auto, why the are you with this guy? This piece of shit? This loser, smoking in his 50s.
28:21 Speaker 05 He's not 50 yet.
28:22 Caleb Hammer? Smoking in his 40s, going and getting bottles of water at the gas station every day instead of buying a walker, just getting a. Loser, piece of shit, degenerate, nasty, nasty ass, stinky.
28:35 Speaker 05 He's my best friend. I love him very much.
28:38 Caleb Hammer? Enjoy him while you got him.
28:39 Speaker 05 I, I know.
28:40 Caleb Hammer? Won't be there for long.
28:40 Speaker 05 I remind him, I remind him every day.
28:43 Caleb Hammer? And he really cares about life. That's someone who I want to be with for the rest of my life.
28:47 Speaker 05 We've been together for a long time.
28:48 Caleb Hammer? How long?
28:49 Speaker 05 15 years.
28:54 Caleb Hammer? And what's your participation in this?
28:56 Speaker 05 My spending?
28:57 Caleb Hammer? Well, you say you go to the gas station to get some bullshit?
28:59 Speaker 05 No, I don't go to the gas station.
29:03 Speaker 05 I don't even know real, and that's what I'm interested to see because
29:06 Caleb Hammer? Well, you said, you said, uh, blame's on him, but it's also on me.
29:09 Speaker 05 I buy lunch. I work downtown. It's a lot easier, obviously, just go buy lunch.
29:15 Caleb Hammer? Downtown makes it hard to pack lunches.
29:18 Speaker 05 Yeah.
29:19 Caleb Hammer? Uh, I'm struggling on that one.
29:22 Speaker 05 I
29:23 Caleb Hammer? Downtown means you're closer to food options.
29:25 Speaker 05 Let's go back to the scenario with the paycheck and how many only 50 bucks left.
29:31 Caleb Hammer? Your spending that you do is not included in your hypothetical for some reason. Yes, please tell me.
29:36 Speaker 05 Well, when I get to that point, and I only have 50 bucks left.
29:39 Caleb Hammer? Because you spend $2,150 on bullshit. Yes, go ahead.
29:42 Speaker 05 What am, what am I supposed to do, though, if I need to get groceries?
29:45 Caleb Hammer? Money on bullshit and get groceries instead.
29:47 Speaker 05 That situation, when you're, once you're in that situation.
29:50 Caleb Hammer? You wouldn't be in that situation because you follow the show.
29:54 Speaker 05 Listen.
29:54 Caleb Hammer? No, your situation, no, your situation's moronic. Your situation's moronic because it'll never happen again by the end of this, but, but, but by the time you leave the show, unless he's not on board, unless you're just gonna be a degenerate after this, it'll never be a situation you have to deal with because you're actually gonna be a responsible adult for the first time in your damn life.
30:11 Speaker 05 Well, let's see it then.
30:12 Caleb Hammer? Let's see what?
30:13 Speaker 05 Let's make that happen.
30:14 Caleb Hammer? Let's see it. I fucking hope so. What do you mean, let's see it? Of course, come back on and show me that it happens. What do you mean, let's see it? That's what I wanna see.
30:22 Speaker 05 Okay, me too.
30:23 Caleb Hammer? Dude, what the, what are you talking about? Why would we do that hypothetical that shouldn't be happening in the first place?
30:27 Speaker 05 Because
30:28 Caleb Hammer? Your hypothetical, hypothetical's moronic.
30:30 Speaker 05 In a perfect world, that shouldn't happen.
30:31 Caleb Hammer? Degeneracy of insanity.
30:33 Speaker 05 In the perfect world, that shouldn't happen.
30:35 Caleb Hammer? Perfect world, you are choosing to spend $2,150 in a single month on bullshit!
30:40 Speaker 05 Let's see.
30:40 Caleb Hammer? Gas stations multiple times a day, unless he doesn't give a shit about the household. Does he not give a shit about the household? Does he not give a shit? Because he's doing it multiple times a day. Does he not give a shit? If he's not giving a shit, then he's doing what he's doing.
30:49 Speaker 05 I, I would like to think he gives a shit.
30:52 Caleb Hammer? Well, clearly not if he's going multiple times a day, getting bottles of water, doesn't even have a brick at home, uses faucet, uses faucet. Bulk buy, bulk buy, grocery store, a couple bucks, bulk buy water bottles. The fuck is he doing? Get a big fucking thing. Get a thing, put it in a water bottle. Easy. He clearly doesn't give a shit. Degenerate, stinky.
31:11 Speaker 05 He's not gonna like that.
31:15 Caleb Hammer? What he likes. I want you guys to have a better life. Why the would I care? Why? Why would I give a shit what he likes? I like you guys being able to pay your bills and not have the hypothetical where it's like, oh shit, I gotta get groceries, but I only have $50. That hypothetical only exists because he doesn't give a shit about the household. That hypothetical only exists because you go and you blow money on bullshit. You can't pack a lunch because you work. Oh downtown. Why? Okay.
31:42 Caleb Hammer? I mean, you grow up, you grew up spoiled. That's what I have as a note. So clearly I think that is actually what is happening. You grew up spoiled. You're not willing to change your lifestyle at all, no matter what happens, including him breaking a rib, losing a job. You're a spoiled brat and you're not willing to cut back on anything. And then when it comes time where it's like, I can't afford groceries because I blew my money on things that I wanted and was fun and was entitled to. Now I'm a whiny little victim because I don't have enough money for groceries. You're gonna be on the fucking, uh, just like New York Times article. Oh, people can't afford groceries in Pittsburgh. And then they don't go into detail that they spent $2,150 on bullshit. Like, fuck you. You grew up spoiled.
32:22 Speaker 05 I was, I always say I was spoiled, but not spoiled rotten. I was the only, I'm an only child. I was spoiled, but not spoiled rotten.
32:31 Caleb Hammer? Uh, go on. Make that mean something to any of us.
32:35 Speaker 05 Well, I wasn't like a brat. I was just-
32:37 Caleb Hammer? You're still saying nothing.
32:39 Speaker 05 Well, maybe you're just not listening. Um, so, yeah, I mean, I, I grew up very, you know, I was taken care of and I got things that I wanted, but I wasn't- No.
32:53 Caleb Hammer? Yeah, you guys, because anyone who talks like that grew up wealthy.
32:55 Speaker 05 Teacher.
32:56 Caleb Hammer? Anyone-
32:56 Speaker 05 We weren't wealthy.
32:57 Caleb Hammer? And what was dad?
32:58 Speaker 05 Dad was a truck driver.
33:00 Caleb Hammer? Truck drivers make good money. And teachers can make good money depending on what they're doing.
33:04 Speaker 05 Like an over at the road. He was like a local delivery truck driver. And I mean, they worked really hard and I'm, you know, but-
33:10 Caleb Hammer? Okay, square footage and rooms and baths of your childhood house.
33:13 Speaker 05 I couldn't tell you square footage.
33:15 Caleb Hammer? Rooms and baths.
33:16 Speaker 05 Three bedrooms, one bathroom.
33:19 Caleb Hammer? Okay, yeah, middle class, solid middle class house. Okay, and you couldn't manage to not live in the lifestyle that you wanted and grew up with though? And you're just living it now and allowing yourselves to go further and further into debt. You and your husband of how many years?
33:32 Speaker 05 Uh, married for seven as of yesterday. Happy anniversary. Uh, together for 15.
33:38 Caleb Hammer? Okay, and we wanna have kids.
33:41 Speaker 05 Yes. And we'll probably end up with-
33:44 Caleb Hammer? You're aging out.
33:45 Speaker 05 No.
33:46 Caleb Hammer? Yes.
33:47 Speaker 05 No. If it doesn't happen by the time I'm 40, I'm not gonna-
33:51 Caleb Hammer? That is literally two years.
33:53 Speaker 05 I understand, it's two years.
33:55 Caleb Hammer? So you're staying throughout this entire process where you're only getting $5,000 saved for an emergency by end of next year? That is halfway through our child attempting years? Wait, what the? So you're bringing a child into this disaster? Your, your plan, your plan that has no, no room for any wiggle room? No room for anything bad happening and you're bringing a kid in? You know there are complications that happen all the time when it comes to baby leaving body.
34:20 Speaker 05 Yes, especially when you get older.
34:23 Caleb Hammer? Yes, you are old.
34:24 Speaker 05 It's called a geriatric pregnancy.
34:26 Caleb Hammer? Yes, dusty.
34:26 Speaker 05 I'm not old, I'm just seasoned.
34:29 Caleb Hammer? That seasoning is actually dust.
34:33 Speaker 05 I don't know. My husband likes seasoning.
34:36 Caleb Hammer? To him, you are still young because the dude is nearing retirement.
34:40 Speaker 05 I don't think either of us are gonna be able to retire.
34:42 Caleb Hammer? I agree.
34:43 Speaker 05 But-
34:43 Caleb Hammer? He will be dying on the Walmart floor, unfortunately, he will be 55 doing that with lung cancer.
34:47 Speaker 05 Maybe Target instead of Walmart. But, um, what were we talking about?
34:52 Caleb Hammer? Kids.
34:53 Speaker 05 Kids.
34:53 Caleb Hammer? You're setting yourself up for complete failure and you wanna bring in a kid during that process? That's a joke, that's horrendous.
34:58 Speaker 05 Well, that's why I wanna get a handle on what the bullshit spending is.
35:03 Caleb Hammer? Your plan specifically leads to only $5,000 in savings-
35:07 Speaker 05 We gotta start somewhere.
35:08 Caleb Hammer? By the end of year, yeah, but only by the end of year one of the two years of trying to make a kid.
35:12 Speaker 05 Well, we've been trying to make a kid for-
35:15 Caleb Hammer? Oh, what is this, nut wrong or your eggs are broken? Which one?
35:18 Speaker 05 Um, neither. I think it's just timing.
35:23 Caleb Hammer? Do you not know how to time ovulation?
35:26 Speaker 05 I don't know.
35:27 Caleb Hammer? What? My girlfriend knows when she's ovulating, do you?
35:30 Speaker 05 Um, it's not always that simple.
35:32 Caleb Hammer? You don't track it in an app?
35:34 Speaker 05 No, I do.
35:34 Caleb Hammer? I know we struggle downloading apps in this house.
35:36 Speaker 05 No, I do have an app.
35:39 Caleb Hammer? Or it probably doesn't work the way she wants.
35:41 Speaker 05 I do like the app that I have, it actually works pretty well. Um, but you know, things happen.
35:46 Caleb Hammer? Why don't you guys just-
35:46 Speaker 05 Dress.
35:47 Caleb Hammer? I don't know.
35:48 Speaker 05 Well, you said we're old, right? That makes it a little bit more difficult.
35:53 Caleb Hammer? To who? Which one?
35:54 Speaker 05 In general.
35:55 Caleb Hammer? Nah, dudes be like ninety.
35:58 Speaker 05 Anxiety medication.
35:59 Caleb Hammer? Okay, well, okay, have it good or don't, I don't know, but.
36:02 Speaker 05 But anyway.
36:03 Caleb Hammer? It sounds like, I mean, how long have you been trying?
36:06 Speaker 05 Five years.
36:07 Caleb Hammer? Okay, and you're calling it quits in two?
36:10 Speaker 05 Well, it gets harder.
36:11 Caleb Hammer? Not gonna go the medical route? IVF, anything like that, it's expensive, but.
36:16 Speaker 05 Very expensive.
36:16 Caleb Hammer? But, but, but, but, I want people who want to have kids to have kids.
36:19 Speaker 05 Yeah.
36:20 Caleb Hammer? I want you guys to have kids, it's, it's very, you know, what they do incur, we have a declining birthing population. Like, even, even if you were, no, no, not if you're a horrible person, but you're not a horrible person.
36:31 Speaker 05 That is a statistic I'd be interested in reading about in the declining birth rate, because I don't know if I believe that necessarily.
36:43 Speaker 05 I believe it, but I'm interested in.
36:45 Caleb Hammer? Yeah, I'm glad you're interested, I'm thrilled in that, and we're all very curious about your interest, that we're all interested in your, what you're interested in. The thing is, you obviously net, our accountant, who knows more than you, banking lady, went through your finances, and net out was double of net in.
37:01 Speaker 05 I want to see that breakdown.
37:02 Caleb Hammer? Great, I'm, I know what you want, we already know that, we already know that, and we're all very thrilled that you want to see it. And that's what this show's about, that's why we're gonna go into the finances next.
37:13 Speaker 05 Sounds good.
37:13 Caleb Hammer? Okay, what do you?
37:14 Speaker 05 I do, I do also have an accounting degree, by the way.
37:17 Caleb Hammer? Okay.
37:18 Speaker 05 I get.
37:18 Caleb Hammer? Why the are you not using it?
37:20 Speaker 05 You end up where you end up.
37:21 Caleb Hammer? You end up where you end up.
37:22 Speaker 05 I like my job, I like my job.
37:24 Caleb Hammer? In your own finances, you.
37:25 Speaker 05 Oh, I am.
37:26 Caleb Hammer? No, you're not.
37:27 Speaker 05 I'm aware of the situation.
37:29 Caleb Hammer? You were off by ten thousand hours of your debt, you didn't know how much was your net out, no, you're not aware of your situation.
37:34 Speaker 05 Fifteen thousand sounds crazy to me.
37:36 Caleb Hammer? It sure does.
37:37 Speaker 05 I don't see how that is possible.
37:39 Caleb Hammer? Why do you think you're on this show?
37:40 Speaker 05 Because I need help.
37:42 Caleb Hammer? A lot of people who need help, you're an actual interesting case, because out was fifteen thousand, five hundred or whatever.
37:49 Speaker 05 Well, let's see what it was.
37:52 Caleb Hammer? Great. Incredible conversation. Okay. What do you think your financial score is zero to 10, zero being the worst, 10 being the best?
37:59 Speaker 05 Well, that's another thing that I find interesting. I would say, based on how you do it on the show, 2.5.
38:08 Caleb Hammer? Ladies and gentlemen, if you want your Hammer Financial Score, get it. Just answer the questions objectively, not like a dumb and you'll get that score at CalebHammer.com. It's free. Just takes a few minutes. See where you stand in the world of money, where you need to improve your finances, where you're already doing well and what you need to do to improve. And if you want to improve and not be like a guest who ends up on the show, unlike her and the guy who can't download apps and all this crazy stuff, just download Dollar Wise. Link is right there in the description. Take the free trial to see if you like it. And if you do, you can sign up for the annual version because it saves you a lot of money. And when you do, only for the next couple of months, I will personally sign my budget friendly cookbook and mail it directly to you. After a couple of months, it's gone forever. We found anywhere else, DollarWise.app. All those links are in the description below.
38:52 Caleb Hammer? Let's get into these finances of this 6.5'er.
38:56 Speaker 05 Apparently, there's also some typos in the financial score.
39:00 Caleb Hammer? Well, that might be true because I am, but.
39:03 Speaker 05 Apparently, you're not the only one.
39:04 Caleb Hammer? I know. I'm looking at you. Slate Edge, what's going on with this?
39:08 Speaker 05 Most of these I've had forever and have just sat with nothing on them. But that one.
39:15 Caleb Hammer? Well, this one has purchases of $7,579.92.
39:20 Speaker 05 So that one kicks off one of the.
39:25 Caleb Hammer? Well, guys, we don't purchase anymore. A part of our plan is we don't purchase anymore on our cars.
39:29 Speaker 05 That one kicks, that one kicks off one of the.
39:35 Caleb Hammer? Will it kick off the end of the sentence?
39:37 Speaker 05 Series of unfortunate events that happened in 2025.
39:40 Caleb Hammer? That's this year.
39:42 Speaker 05 Correct.
39:42 Caleb Hammer? You would just say this year, but okay, I guess. Yeah. Edge of the Rust Belt. They got rust in the water. Everyone, their brains are melting. What happened, series of unfortunate events?
39:54 Speaker 05 There was a number of house-related emergencies that happened this year.
40:01 Speaker 05 That have resulted in me having to come up with this plan.
40:05 Caleb Hammer? This is the part of the conversation where I'm waiting to hear what happened to your house.
40:09 Speaker 05 On that is the furnace and the air conditioning.
40:12 Caleb Hammer? Okay, that happens. You need a furnace especially. Air conditioning, when was this?
40:17 Speaker 05 So it was August that the AC went out.
40:21 Caleb Hammer? Yeah, that's rough.
40:22 Speaker 05 They came, we have a home warranty that we had purchased.
40:25 Caleb Hammer? And previous balance transfers in the past, to be very clear.
40:28 Speaker 05 Correct. So that, a portion of that is balance transfer.
40:32 Caleb Hammer? Uh huh.
40:33 Speaker 05 That have just been rotating.
40:34 Caleb Hammer? Yeah, it's maxed out.
40:36 Speaker 05 Correct.
40:36 Caleb Hammer? To the dollar.
40:37 Speaker 05 Correct.
40:38 Caleb Hammer? Oh, for f*** sake. Hey, how long does this take to pay off if you do minimum two payments only without purchasing anything which you're incapable of?
40:45 Speaker 05 I think that one's 12.
40:47 Caleb Hammer? Her accounting degree's really paid off. It's 23.
40:49 Speaker 05 Oh.
40:51 Speaker 05 One of them is 12. I can't remember.
40:52 Caleb Hammer? Well.
40:52 Speaker 05 But it's zero percent.
40:54 Caleb Hammer? That one's 23.
40:54 Speaker 05 That one is 0% till January of 27.
40:57 Caleb Hammer? Uh huh. Which is, well, is it, first of all, is it being accumulated? Cause there's your balance transfer fee, cause we had a balance transfer.
41:05 Speaker 05 Correct.
41:06 Caleb Hammer? So 80.
41:06 Speaker 06 Five stocks to sell before the end of the week. You're not repositioning now. My guy says now's the time to go all in.
41:13 Speaker 02 Real traders still hear the noise. They just know when to stop listening to it. Find and research opportunities to fit your strategy with Thinkorswim trading platforms from Schwab. Discover features like robust charting, nearly unlimited customization, and built-in risk management technology. Plus, get 24/7 support from real trading specialists. That's Schwab Trading. Learn more at schwab.com/trading.
41:36 Caleb Hammer? Eight dollars 33 cents of fees, so you likely paid like 10, 12, 15% on it. And this will kick into like a 30% interest rate essentially. And yeah, okay, but it's not accumulating, but that
41:47 Speaker 05 Correct.
41:47 Caleb Hammer? Still doesn't mean that this balance ain't chunky and it's about to start accruing an insane amount of interest in about 13 months.
41:56 Speaker 05 But it won't, cause it's part of the second round of consolidation.
41:58 Caleb Hammer? Yeah, if your master plan that has absolutely no wiggle room for anything to go wrong succeeds, which I do not believe for a single moment that it will, because you do not take account anything happening in life. When literally he just broke ribs today. Do you not remember that?
42:13 Speaker 05 I do. But
42:16 Caleb Hammer? Today!
42:16 Speaker 05 Well, is it better to just not have a plan then?
42:21 Caleb Hammer? That's not what I'm saying. I'm saying your plan's broken.
42:23 Speaker 05 Well, then, let's figure out a better plan, right?
42:26 Caleb Hammer? Oh my gosh, shut the [bleep] up. That's your only response. Yes, obviously, that is what we're gonna do. You do not have to announce that every time we're having this. I'm obviously...
42:32 Speaker 05 I'm kidding!
42:33 Caleb Hammer? Oh my gosh, she is so annoying. I'm just calling out that it is very clear when you s- Lady.
42:40 Speaker 05 Kayla.
42:40 Caleb Hammer? I have to let you know that you might, in fact, be a moron. Because, because, because, hey, lady, it is very clear...
42:55 Caleb Hammer? What? I wouldn't bring up that your plan is flawed so that you can hit me with the, "Well, that's like a plan, man!" Obviously, I'm not hitting you with that if you don't set up something absolutely ridiculously moronic for me to say that. Why did I say it? Because I said, "Interest is gonna start immensely in 13 months," and you said, "Well, that's why the second round of consolidations coming." That's your plan.
43:25 Speaker 05 Right.
43:25 Caleb Hammer? So, obviously, I'm gonna call out to [bleep] your plan, dumbass! You don't have to sit here and tell me, "Well, let's make a new plan then!" When, obviously, I'm responding to you thinking your perfect plan's gonna happen before interest rate hits. You [bleep] moron! Oh my [bleep], you not know why I said it? I don't need to hear the, "Well, let's make a better one then!" We know we're gonna do it! We know what show we're on!
43:51 Speaker 05 Okay, moving on.
43:52 Caleb Hammer? Oh, great, yeah. You direct the conversation.
43:54 Speaker 05 Somebody asked you.
43:55 Caleb Hammer? Instead of you taking any semblance of understanding what I am trying to say when...
44:01 Speaker 05 I'm aware the plan is flawed.
44:02 Caleb Hammer? No! No! You [bleep]. You don't understand why I pushed back on it. Because you said you essentially deflected the reality of this balance. You deflected the reality of this balance by saying your second round of consolidations are gonna happen in that 13 months. That is not an appropriate deflection, cuz it is not a reality, because your plan is flawed and built for failure. So, you can't, you can't have both. You cannot have- This is not a concern because this is gonna happen to the plan. And, oh, I know the plan's broken. Let's just have a better plan. You can't have both at the same time. Yeah, in your perfect mind, because you won't. You, I think, I think you live life in a way where if there is, especially because you've had no struggle, especially on your growth, you've had no real struggle.
44:47 Caleb Hammer? If there's anything slightly uncomfortable, you just accept what is the easiest thing to latch on to. So you don't have to face any level of discomfort. I think that is how you live your life.
44:59 Caleb Hammer? And that is why you cope and you immediately go to whatever response gets you there. Whether it is this option or this option, even though they cannot exist at the same time. So I don't want to hear it.
45:10 Speaker 05 Okay.
45:10 Caleb Hammer? City simplicity card. What is this?
45:13 Speaker 05 So,
45:16 Speaker 05 uh, speaking of my husband.
45:19 Caleb Hammer? Oh, yeah.
45:19 Speaker 05 Um, he fell.
45:22 Caleb Hammer? Cancer.
45:22 Speaker 05 He fell at work in April.
45:28 Caleb Hammer? I don't want to laugh about someone's injury, but.
45:32 Speaker 05 Turned out to be a broken leg.
45:34 Caleb Hammer? Can I see what this man looks like? He will not be in the video. I just need to see this. He, he, he must be breaking, right? Like pieces of his body must be falling off.
45:42 Speaker 05 He's about 6'4", 170. So he's tall and tall and not.
45:52 Caleb Hammer? He has to be. There's no way.
45:53 Speaker 05 There's a, that's a wedding picture. That's a good one.
45:56 Caleb Hammer? What the?
45:58 Speaker 05 That's his G. I call that his G.
46:00 Caleb Hammer? Breaking? How is he? The dude just looks like a normal ass dude. What is that? Why is he falling? Is he drunk every day?
46:06 Speaker 05 No, I think he has a little bit of vertigo that I don't think he wants to address.
46:12 Caleb Hammer? Seen and how to get medication?
46:14 Speaker 05 Who doesn't want to go to the doctor?
46:16 Caleb Hammer? Uh, if I had vertigo, I would be miserable every day and want to go to the doctor.
46:20 Speaker 05 No. So he fell at work.
46:23 Caleb Hammer? Okay.
46:24 Speaker 05 Turned out to be a broken leg.
46:26 Caleb Hammer? Because he fell?
46:27 Speaker 05 He fell at work and he broke his leg.
46:29 Caleb Hammer? Did he fall off something?
46:31 Speaker 05 No, he slipped. He was working in the deli at a, like a, it's like a Sam's Club, but it's not Tam Club. Um, and he's not a Costco. Uh, he slipped and broke his leg. So he was out of work and on workers comp, uh, until. September.
46:54 Caleb Hammer? Good. And then he just fell and broke his ribs today.
46:57 Speaker 05 Yes. Is your credit cards good?
46:58 Speaker 01 Yeah, they are.
46:59 Speaker 07 Your family hated it? In the post show, you did reveal that you were still receiving money from a client from your stripping days. Are you still receiving money from him?
47:10 Speaker 05 I'm a very patient person. My mom is disabled. I have been taught patience.
47:15 Speaker 01 Hey, we.
47:16 Speaker 05 My family hated it. Should we get into that?
47:18 Speaker 01 I would love for you to just use your words and not shut down to the point to where I do, yeah. Said that I would pay for the gun that we bought on your card.
47:27 Speaker 05 So are you safe, Pixie?
47:35 Caleb Hammer? Starbucks is bull and a waste of money. And you already know that by making your coffee at home and investing the rest. So now you need to do that with your energy drink as well. Make Gamer Subs at home for just 40 cents a serving. And honestly, it literally tastes better. And we proved this accidentally via a blind taste test in our Hammer Elite show, Fat and Fatter.
47:59 Speaker 02 The number one ranked energy drink is Gamer Subs.
48:02 Speaker 07 Literally, the cherry flavor is insane.
48:05 Caleb Hammer? Listen, you can also get free samples to see if you like it. Or 10% off your order at gamersubs.gg. Or click that link in the description below. Type in code CALEB. How did he fall today?
48:17 Speaker 05 Cat, apparently. Tripped over the cat.
48:22 Caleb Hammer? How is he breaking things when he falls?
48:24 Speaker 05 I don't know.
48:25 Caleb Hammer? I mean, I'm kind of clumsy, but I don't break shit.
48:27 Speaker 05 Yeah.
48:28 Caleb Hammer? I'm fat.
48:29 Speaker 05 You're not really. You look less fat in person.
48:32 Caleb Hammer? Please. Yes, everyone says that, but that is true.
48:35 Speaker 05 You are very handsome.
48:37 Caleb Hammer? Okay, let's not. Let's not. I know you're trying to find a man who doesn't break things every second of his life, but.
48:44 Speaker 05 I'll stick with him when I got.
48:46 Caleb Hammer? Yeah, the cancer patient, yeah.
48:47 Speaker 05 Um, but anyway.
48:48 Caleb Hammer? Yeah, so the future cancer patient.
48:50 Speaker 05 He was on workers' comp from April through September. Uh, and before that, we were, like I said, we were consistently using and paying off credit cards every month.
49:03 Caleb Hammer? Until last year? All this only happened in a year?
49:06 Speaker 05 Year.
49:07 Caleb Hammer? What is wrong with you guys? This is horrendous. This is a fat stack of paperwork.
49:11 Speaker 05 We'll talk about more things that happened with the house because. That's kind of led me to
49:15 Caleb Hammer? Okay, so what? So that one was to fill in the gap for what he wasn't making between. Why is he filling in your gap more so we can have a kid before 30, huh?
49:24 Speaker 05 You know.
49:28 Speaker 05 So that one, and what gets dangerous, and I'm well aware of it, Citi has two different things. They have flex loans, which are low interest options to go on the credit card.
49:42 Caleb Hammer? Uh huh.
49:42 Speaker 05 So there was one of that, but that's been paid off. And then when they offer a balance transfer.
49:48 Caleb Hammer? Oh, this is a balance transfer.
49:49 Speaker 05 Essentially be used as like a cash advance.
49:52 Caleb Hammer? $162 in fees this year.
49:54 Speaker 05 So I
49:55 Caleb Hammer? Almost 200 in interest.
49:56 Speaker 05 I think there were two times where I did a balance transfer, but instead of it being a balance transfer, it was just a direct deposit.
50:03 Caleb Hammer? This is why I'm worried about your consolidations. You are not a solve person kind of thing. You are a kick the can down the road thing.
50:09 Speaker 05 That's what it's been.
50:10 Caleb Hammer? And you want to bring a kid into that conversation where eventually that can comes to a halt and you gotta go. Like a payday loaner, you gotta get something like horrible because it stops at some point. What's your credit?
50:19 Speaker 05 Right now it's shit.
50:20 Caleb Hammer? Well, there we go. It will stop sooner than you believe then.
50:23 Speaker 05 And that's why I haven't closed any credit cards or anything because.
50:27 Caleb Hammer? Yeah, but they're all maxed out anyway. It's not like you're benefiting in anything like you're, you're well above the 33% on here.
50:34 Speaker 05 Well, I hate, I know you hate hearing about the plan, but I haven't closed any cards because the plan.
50:40 Caleb Hammer? If you've acknowledged your plan's broken, then why do I want to hear about the plan?
50:42 Speaker 05 I don't think it's completely broken.
50:43 Caleb Hammer? Oh, for fuck's sake, girl, you've never accomplished anything. You've only kicked the can down the road.
50:49 Speaker 05 I have some, I have some good accomplishments in there.
50:51 Caleb Hammer? No.
50:52 Speaker 05 You'll see.
50:52 Caleb Hammer? And your plan is just to kick it down even further. So what are we talking about? That doesn't make any sense. How can you, why are you still talking about this thing? And why the fuck are you here if your grand plan is perfect and all, all great?
51:06 Speaker 05 Because I need help with the day to day budgeting portion.
51:11 Caleb Hammer? Fuck you. Why am I going to selectively help with your bullshit? That's going to lead you to a worse spot in general.
51:17 Speaker 05 Because I feel like I can keep up with you better than your other guests do.
51:20 Caleb Hammer? Bullshit, first of all, a lot of people are successful, but also number two.
51:27 Caleb Hammer? Why do I want to see you fail? I don't want to see you fail.
51:29 Speaker 05 Well, that's nice of you.
51:30 Caleb Hammer? Well, yeah, I'm a but I'm not like evil.
51:34 Speaker 05 Some people would probably disagree, but.
51:36 Caleb Hammer? Well, they don't know. They don't know my wants. They don't know what we're trying to do like. I want to see you do well, but. Setting you up on a plan that is a flawed plan that's going to hurt you. That doesn't make any sense. Why would I accept that?
51:48 Speaker 05 Well, that's why I brought my plan to you.
51:50 Caleb Hammer? Well, no shit. I know that, but you keep bringing it up as a reason why I don't. I shouldn't be worried about this card.
51:55 Speaker 05 No, I'm worried about it, too.
51:56 Caleb Hammer? But you bring it up as to get out.
52:00 Caleb Hammer? You deflect every time we talk about it that with while the plan.
52:03 Speaker 05 Well, that's all. That's all I have. That's all I have to keep me.
52:06 Caleb Hammer? Exactly. And that's what it is. You cope. You cope endlessly. You look for an escape to feel any to get away from any semblance of being uncomfortable. That is what you do. That is what you've always done. And that's why you are where you are now. That's why you kick the can down the road because that feels like an accomplishment. Because it feels like you've done something instead of you actually buckling down and taking care of shit and having a tough conversation with Mr. Stinky.
52:28 Speaker 05 Well, that's why that's why I have to have a conversation with him and not you because.
52:32 Caleb Hammer? Cigarette breath.
52:33 Speaker 05 He would be out of this room already. No.
52:36 Caleb Hammer? Falling.
52:37 Speaker 05 Falling. Yes.
52:38 Caleb Hammer? Endlessly.
52:39 Speaker 05 Yes.
52:40 Caleb Hammer? Did I mention stinky?
52:41 Speaker 05 No, well, sometimes.
52:43 Caleb Hammer? Yeah, no shit. He smokes a half a pack a day. Nasty, stinky. Herandas. Ew. Get away. Vomit.
52:48 Speaker 05 Handsome, sweet, kind.
52:51 Caleb Hammer? Well, not kind enough to change his behavior for the benefit of the household.
52:53 Speaker 05 Well, hopefully this will open his eyes a little bit.
52:55 Caleb Hammer? That it? You said he's not going to watch it because he's a little cuck.
52:57 Speaker 05 No, he's definitely not going to watch it.
52:59 Caleb Hammer? Hey, why would this open his eyes a little?
53:00 Speaker 05 Um.
53:01 Caleb Hammer? Dude, dude keeps his eyes closed when he's walking around all day. That's why he's breaking shit.
53:05 Speaker 05 Well, if I can come back with a upgraded plan.
53:09 Caleb Hammer? Why? Why would he listen to you, though? Because.
53:11 Speaker 05 Because he loves me.
53:12 Caleb Hammer? No, no, no, no, no, no, no, no, no, no, no, no. Why would he trust you, though? You're a complete failure. Look at this. Oh, look at you. No, you're a failure. Look at this. You're a failure based on what you've done now. Listen, you weren't a failure a couple of years ago, but you are now, and that's all that matters. If you were a failure a couple of years ago and you're not today, I don't care. I don't care. I care about what you do today. This isn't TikTok drudging up stuff from years ago. You know, that's not what we're doing. I care about what you are doing right now and what you plan to do in the future. This is a disaster. You are a failure. Why would he trust you? Look at you. What the hell? You can't possibly.
53:46 Caleb Hammer? And you're not willing to admit your mistakes. So why the am I gonna have any confidence or care in this conversation?
53:50 Speaker 05 I know I make mistakes. But let's figure out, let's figure out how to.
53:55 Caleb Hammer? Hey, look, a maxed out credit card with Synchrony Bank.
53:58 Speaker 05 Oh, yeah. So that was the, that was the most recent, um, series of unfortunate events.
54:05 Caleb Hammer? Yeah, those endlessly happen, which certainly never happen, right? Which is why we build a plan where no negative events will ever happen.
54:13 Speaker 05 That's why emergency fund is in the plan.
54:16 Caleb Hammer? In 13 months and it's not, it's like a two month emergency fund, maybe if I'm being generous. So, go off. Number two, what happened? What was this series of unfortunate events?
54:28 Speaker 05 That was the younger cat.
54:29 Caleb Hammer? Having a cat is an unfortunate event. Just kidding. I love cats. Ha, ha, ha, ha, ha. Go on. What? What happens?
54:34 Speaker 05 She has feline infectious peritonitis, which used to be a fatal diagnosis.
54:42 Caleb Hammer? That's not.
54:43 Speaker 05 Um, but they have, they have a medication now that she's been on and she's doing much better. But, uh, to get there required several vet visits.
54:55 Caleb Hammer? Do you have pet insurance?
54:57 Speaker 05 No, but it wouldn't have been covered anyway.
54:59 Caleb Hammer? Well, uh, it depends on the pet insurance, I assume.
55:02 Speaker 05 The one time I had pet insurance, I got it through my job.
55:06 Caleb Hammer? Well, there you go. See, they're, they're probably not setting you up with anything good.
55:09 Speaker 05 No, because it didn't cover the vet that we went to, which is stupid.
55:13 Caleb Hammer? I, I would, listen, a good pet insurance is likely going to cost at least 50 bucks a month. That sucks, but it saves you thousands. Look where we happened here. Listen, I'm glad, I'm, I'm, I am glad that your kitty's on medication now. I need you to get off medication so your kitty can get some love and you can pop her a baby. But, you know, I'm glad this one is.
55:31 Speaker 05 Yeah.
55:32 Caleb Hammer? I'm glad, I'm glad that, I'm glad it's okay.
55:34 Speaker 05 Yeah. So she's doing better. I am gonna have to buy more medication. So I'll figure out how to pay that. Probably another 300.
55:42 Caleb Hammer? What the?
55:43 Speaker 05 Um.
55:44 Caleb Hammer? Well, it had a previous balance already of $473. So there's a balance on hand before.
55:48 Speaker 05 This is the second statement since this whole thing started.
55:51 Caleb Hammer? Okay.
55:52 Speaker 05 So that one I just.
55:55 Caleb Hammer? So clearly, things happen.
55:59 Speaker 05 Exactly.
56:01 Speaker 05 So
56:02 Caleb Hammer? You're broken. Okay. You're just, you're shocked.
56:05 Speaker 05 No.
56:06 Caleb Hammer? You're shocked every time.
56:07 Speaker 05 No, I'm not shocked. I'm just trying to figure out how, how to get to a point.
56:12 Caleb Hammer? Yeah, no shit. I know what you're trying to do. But look what yet this all happens and you've done nothing. You've done nothing to change it for the next time it happens. Nothing.
56:20 Speaker 05 I'm here.
56:21 Caleb Hammer? Yeah, that's, that's, that's something. I guess gold star. Walk away. Your life is fixed.
56:26 Speaker 05 No, I realize that.
56:29 Caleb Hammer? Think you need 2,000 hours completely maxed out $65. How are you going to pay the few hundred bucks that happens next?
56:34 Speaker 05 So that one is.
56:35 Caleb Hammer? Oh no, these are.
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57:06 Caleb Hammer? Deferred interest.
57:07 Speaker 05 They are.
57:08 Caleb Hammer? Oh no, these are deferred interests. Just a few months from now, one of them's coming up.
57:11 Speaker 05 Correct. And that will be, so that'll be, it's to have it paid off completely before any interest it hits. It's 167 a month.
57:20 Caleb Hammer? I hope so. I don't know where your extra money comes from, but okay, good luck. I hope so. It's a 33% interest.
57:26 Speaker 05 It's not extra.
57:27 Caleb Hammer? Huh?
57:28 Speaker 05 It's not extra. I already have it. I already have it budgeted in as part of all the bills that come out.
57:33 Caleb Hammer? No, no, you don't.
57:34 Speaker 05 I do.
57:35 Caleb Hammer? No, you don't understand this. This is what is broken about you. That is impossible. You've had like 50.
57:42 Speaker 05 I've done it already.
57:44 Caleb Hammer? Oh my gosh, she's so stupid. I'm sorry. This is why you are going to fail. You just tell me you're not surprised when emergencies pop up, but then you tell me this is perfectly budgeted. No, it's not. There's going to be an emergency that happens again. And then you won't be able to pay this off in time. It always happens, especially as a homeowner. You're going to have something that pops up tomorrow. That's just why.
58:04 Speaker 05 Everything already.
58:05 Caleb Hammer? Listen, hey, hey, hey, hey, hey, hey, hey, hey, hey. Listen, he fell and broke his ribs. You're about to lose half your income of the house. You can't budget this. You can't. This does not work. This is, your brain immediately attaches to everything's going to be fine so that you feel relaxed instead of facing any uncomfortable truth.
58:25 Speaker 05 What good does that do?
58:27 Caleb Hammer? Cause it allows you to at least change your behavior to not repeat the endless mistakes of the past, yet you refuse to do so. Every emergency's popped up and you're like, whoa, that'll never happen again. And then it happens about five times in one year. Listen, this is an impossible budget in.
58:46 Speaker 05 Oh.
58:47 Caleb Hammer? Especially when you spend that much on bullshit. So I don't want to hear it. I'll let you use the FIS card. At least it's a debit card that builds credit. Only that's to spend money on what's in your checking account. I'll get you another.
58:55 Speaker 05 What if I need, what if I need to spend money that I don't have in my checking account?
58:58 Caleb Hammer? Well, that is what we are trying to prevent in the future, you dumb tit.
59:02 Speaker 05 All right.
59:03 Caleb Hammer? Well, let's do that. Number two, I will get you a course career certification. So hopefully you can go earn more money, get a raise, get a better job, get continue promotions in this career.
59:12 Speaker 05 They have like digital marketing, I think.
59:13 Caleb Hammer? Exactly. They do. I will get you that for free. A lot of people in the audience have used that to improve their income or get better jobs. So I'll get you one of those for free. Okay.
59:22 Speaker 05 I'd love for my husband to do that, actually.
59:24 Caleb Hammer? Well, I just don't trust them to be able to go outside and not die. So it's just like, I would rather invest in you if I'm being completely honest, especially since he's going to have lung cancer.
59:34 Caleb Hammer? Unfortunately, I'm not cheering for it, but being realistic here, dude's going to have health problems.
59:41 Speaker 05 Yeah.
59:42 Caleb Hammer? And some people, some people smoke and they live to like 95 and they're okay.
59:45 Speaker 05 Yeah.
59:45 Caleb Hammer? But statistically,
59:49 Caleb Hammer? issues. City double cash.
59:51 Speaker 05 So that was one of the two cards that we were using on a monthly basis and paying off every month. So you'll see.
1:00:02 Caleb Hammer? Wow. Almost like it's endlessly repeated.
1:00:04 Speaker 05 Exactly. And that's why I stopped.
1:00:06 Caleb Hammer? Your consolidation's really going to work in the future.
1:00:09 Speaker 05 Well.
1:00:09 Caleb Hammer? That's why I stopped. Spends $2,588 on here in one month.
1:00:14 Speaker 05 That was the last.
1:00:15 Caleb Hammer? This was the last month. It's her last month of statements. Die, die, die. What the are you talking about? Congratulations. You did what every financial audit guest in the history of the show's done. You changed things two weeks before coming on the show. Yeah. Yeah.
1:00:31 Speaker 05 I actually stopped that before I got the call.
1:00:33 Caleb Hammer? Lies.
1:00:34 Speaker 05 If you look at.
1:00:34 Caleb Hammer? Lies.
1:00:35 Speaker 05 Look at the.
1:00:35 Caleb Hammer? This was a month ago, lies.
1:00:36 Speaker 05 Look at the.
1:00:36 Caleb Hammer? Lies.
1:00:37 Speaker 05 Look at the interest. Look at the interest.
1:00:39 Caleb Hammer? You applied to come on the show though. You applied to come on the show.
1:00:41 Speaker 05 I applied.
1:00:42 Caleb Hammer? So lies.
1:00:42 Speaker 05 I applied a long time ago too and didn't get called. So this was the second go around.
1:00:45 Caleb Hammer? $51.77 is your minimum, minimum monthly year over the credit limit of $1,510.77.
1:00:52 Speaker 05 Look
1:00:53 Caleb Hammer? You bullshit, you.
1:00:54 Speaker 05 Look at the
1:00:54 Caleb Hammer? Look at what, what do you want?
1:00:55 Speaker 05 Look at the interest.
1:00:56 Caleb Hammer? I am.
1:00:57 Speaker 05 The year to date interest.
1:00:58 Caleb Hammer? Well, I see cash advance, $22 charged last month alone.
1:01:02 Speaker 05 Cash advance.
1:01:03 Caleb Hammer? Huh?
1:01:04 Speaker 05 Cash advance.
1:01:04 Caleb Hammer? Oh, the accountant doesn't know what's happening in her accounts. Yeah, interest, zero.
1:01:11 Speaker 05 Okay, so the year to date interest is
1:01:13 Caleb Hammer? Zero.
1:01:14 Speaker 05 Yeah. So, meaning we've used it and paid it off every month.
1:01:20 Caleb Hammer? And now you're
1:01:20 Speaker 05 Now I'm not on
1:01:22 Caleb Hammer? Okay.
1:01:22 Speaker 05 On purpose, on purpose.
1:01:25 Caleb Hammer? So that she can pay it off by consolidating it and rack it up again.
1:01:29 Speaker 05 Use the debit card instead.
1:01:31 Caleb Hammer? Listen, it's not about that. You're just gonna pay it off via the consolidation and rack it back up. That's what you're gonna do. Come on.
1:01:36 Speaker 05 Well, I'll close it at that point.
1:01:37 Caleb Hammer? I've only seen this happen on the show every week, four times.
1:01:41 Speaker 05 I just have to keep it open long enough to, that my credit stays good enough.
1:01:45 Caleb Hammer? That's the danger and that's what everyone thinks and then get, okay.
1:01:51 Speaker 05 There's a lot of ones on there.
1:01:52 Caleb Hammer? YouTube subs.
1:01:53 Speaker 05 That's you guys. YouTube subscription.
1:01:58 Speaker 05 Hammer Elite.
1:01:59 Caleb Hammer? No.
1:02:00 Speaker 05 Yes.
1:02:01 Caleb Hammer? $5.34, that's not Hammer Elite.
1:02:03 Speaker 05 It's only one I have.
1:02:04 Caleb Hammer? Hammer Elite's 10.
1:02:06 Speaker 05 YouTube subs.
1:02:07 Caleb Hammer? Is he paying, does he have a YouTube channel?
1:02:09 Speaker 05 No.
1:02:09 Caleb Hammer? Is he paying for subscribers?
1:02:11 Speaker 05 No, that's the only subscription I think that I have.
1:02:14 Caleb Hammer? Well, Hammer Elite is the number one and best membership on YouTube for a reason. Come join us for three premium shows every single day, Monday through Friday, including the post show for this financial audit, extra 20 minutes of every episode. Uh, but yes, okay. I mean, we'll see if I see an actual
1:02:27 Speaker 05 I can look it up. I don't think I have any other YouTube.
1:02:30 Caleb Hammer? Well, went inside a gas station, got some bullshit, bullshit, bullshit, bullshit, bullshit, bullshit, bullshit. It's crazy. Listen, instead of going and getting some bullshit, I know you're not getting any energy drinks, but here, try this. Gamer Subs, listen, everyone's posted in the comments now that have been trying it, that it's so fucking good. Make your energy drinks at home for like 35 cents a serving, just like making your coffee at home. Get your free samples, link in the description below, type in code hammer.
1:02:55 Speaker 05 Is there a
1:02:55 Caleb Hammer? And then get, get it off your 10, 10% off as well. Make it home.
1:02:59 Speaker 05 Is there a carbonated version?
1:03:00 Caleb Hammer? Uh, yes, there are carbonated cans on there as well. The, the cheap versions of the powder and there's also a hydration drink version if you don't want the energy drink.
1:03:07 Speaker 05 I'm not a big energy drink person. The only time I do
1:03:09 Caleb Hammer? Hydration one.
1:03:09 Speaker 05 Energy drinks is when I'm drive, traveling for work.
1:03:12 Caleb Hammer? Do the hydration one. Bullshit. Parkhurst.
1:03:16 Speaker 05 Parkhurst.
1:03:17 Caleb Hammer? TikTok shop.
1:03:20 Caleb Hammer? This just happened.
1:03:20 Speaker 05 I knew I got a mini. Well, I don't know if that was that. That might have been vitamins.
1:03:25 Caleb Hammer? Pull up your TikTok shop.
1:03:27 Speaker 05 Actually.
1:03:27 Caleb Hammer? Pull up your TikTok shop.
1:03:28 Speaker 05 You know what that was?
1:03:29 Caleb Hammer? No, believe it or not.
1:03:31 Speaker 05 That was the vitamins that are.
1:03:34 Caleb Hammer? What? Cash advances or your solitaire game?
1:03:37 Speaker 05 That I've stopped. That was a bad habit.
1:03:41 Caleb Hammer? Oh my.
1:03:42 Speaker 05 Uh, I don't even know how to get to TikTok shop.
1:03:45 Caleb Hammer? Pull up TikTok.
1:03:46 Speaker 05 Oh, there we go. Okay. So orders.
1:03:49 Caleb Hammer? Hey, just how about I have the phone?
1:03:51 Speaker 05 Okay.
1:03:52 Caleb Hammer? Just like he can't download an app, you can't connect to wifi.
1:03:54 Speaker 05 I did connect to wifi.
1:03:56 Caleb Hammer? Surrounded by them on a daily basis.
1:03:57 Speaker 05 To wifi. I'm old, but I'm not that old.
1:04:00 Caleb Hammer? Not connected.
1:04:01 Speaker 05 I did connect to.
1:04:02 Caleb Hammer? It's literally not there.
1:04:04 Speaker 05 I'm old, but I'm not that old.
1:04:06 Caleb Hammer? Where's the screen recording option on your phone?
1:04:07 Speaker 05 I don't even know how to do that. I do know. I will admit that. I don't know how to do that.
1:04:12 Caleb Hammer? How do you?
1:04:13 Speaker 05 I do have helium.
1:04:14 Caleb Hammer? Oh, you do have helium.
1:04:15 Speaker 05 Both do.
1:04:16 Caleb Hammer? Yeah. Really good way to save money. It really is.
1:04:20 Speaker 05 I've shared it with a lot of folks. It works pretty well and.
1:04:22 Caleb Hammer? Yeah, it's good. Same time as T-Mobile. O positive?
1:04:27 Speaker 05 Yes. So those are the vitamins that are good for.
1:04:31 Caleb Hammer? Vaginas?
1:04:32 Speaker 05 Correct.
1:04:33 Caleb Hammer? Okay. We love vaginas.
1:04:34 Speaker 05 However, I got them and then when I was looking up the ingredients, those ingredients aren't good to take when you're trying to get pregnant.
1:04:42 Caleb Hammer? So anti-vagina?
1:04:44 Speaker 05 It's good for vagina, but it's not good for.
1:04:48 Caleb Hammer? Eggs?
1:04:48 Speaker 05 Conception.
1:04:49 Caleb Hammer? Okay.
1:04:50 Speaker 05 Cause when you're on anti-anxiety medications, sometimes it doesn't work as well. Um, I'm sorry.
1:04:55 Caleb Hammer? Oh, there's the physical spreadsheet. A dress. She got a dress on TikTok. Yeah, you got a dress.
1:05:03 Speaker 05 What?
1:05:03 Caleb Hammer? There's some skincare stuff. A dress.
1:05:06 Speaker 05 Remember a dress.
1:05:08 Caleb Hammer? I'm gonna look at your Amazon over here.
1:05:10 Speaker 05 Amazon's not big.
1:05:12 Caleb Hammer? No, you don't even have the app downloaded.
1:05:14 Speaker 05 No, I order. I have to order some stuff for work on Amazon. So.
1:05:18 Caleb Hammer? Subscriptions, Apple Care, Apple One.
1:05:21 Speaker 05 I don't even know what.
1:05:21 Caleb Hammer? Pre-mom ovulation tracker. There's good.
1:05:23 Speaker 05 That one's good because it connects to.
1:05:25 Caleb Hammer? And school alert pixel art games.
1:05:28 Speaker 05 That was stupid. That was a one time thing.
1:05:30 Caleb Hammer? Stupid.
1:05:31 Speaker 05 That was a game that I was playing like every day.
1:05:36 Speaker 05 I did also buy a mini chain, mini chainsaw and TikTok.
1:05:39 Caleb Hammer? Bullshit, bullshit, bullshit. Why?
1:05:42 Speaker 05 To cut down trees in my backyard.
1:05:44 Caleb Hammer? Amazon. See? Housing costs. And it's always gonna happen, dude. Mo's Grill, ChatGPT, parking, Apple. Bullshit, bullshit, bullshit. Panera Bread. Bullshit, bullshit. Apple. Pizza. Bullshit. Road shop. Bullshit, bullshit. Uber. Bullshit, bullshit, bullshit. Parking, Uber. And then auto. Bullshit, bullshit. Chewy. Bullshit, bullshit, bullshit, bullshit.
1:06:08 Speaker 05 Chewy's not bullshit.
1:06:10 Caleb Hammer? Did I say Chewy's or did I say bullshit?
1:06:12 Speaker 05 You said Chewy.
1:06:15 Caleb Hammer? There you go. I didn't say bullshit. Burger King. Shake Shack, Shake Shack. Dunkin'. Netflix. Bullshit, bullshit, bullshit. Cracker Barrel. Solitaire Cash, Solitaire Cash, Solitaire Cash, Solitaire Cash. What the [__] were you doing? What were you doing?
1:06:29 Speaker 05 I forgot that was on there. It's just a app where you can-
1:06:33 Caleb Hammer? And you were like spending money on Solitaire?
1:06:36 Speaker 05 I'm also one money. Sometimes.
1:06:38 Caleb Hammer? Sometimes? That's how it usually works?
1:06:40 Speaker 05 That app's not on my phone anymore.
1:06:42 Caleb Hammer? Good. Okay, the Kohl's card. You owe $1,512.65. Interest is accruing. You spent $870, even though you put your minimum payment towards it only. Takes nine years to pay off without spending, but you're incapable of not spending. $44 is your minimum payment. What the [__] is going on here? Why are you spending money on a credit card that is accruing interest that you cannot pay off to save your life?
1:07:01 Speaker 05 So that one I am nervous about, uh, mostly. However-
1:07:05 Caleb Hammer? Bro, she literally had to have Colton put her phone on Do Not Disturb because she didn't know how to.
1:07:09 Speaker 05 Yeah, I didn't know how to do it.
1:07:11 Caleb Hammer? Oh my goodness, you guys are never gonna survive. It's not the budgeting apps, it's you.
1:07:15 Speaker 05 Okay.
1:07:16 Caleb Hammer? Do not disturb.
1:07:18 Speaker 05 I've never used it before.
1:07:21 Caleb Hammer? Like, I'm concerned right now, but go on. Yes.
1:07:23 Speaker 05 So the Kohl's card, I've had that one for a long time. I would only use it when I was shopping at Kohl's. I don't even have a physical card for it. Like, they would look it up. They would look it up with my driver's license when I was shopping. Anyway, they recently sent me a virtual card, which is great. So that's the one I used to put the flights for this trip off.
1:07:45 Caleb Hammer? Oh, for fuck's sake.
1:07:46 Speaker 05 And I said, okay, well, I'm just gonna use it for the flights and the hotel.
1:07:50 Caleb Hammer? Not just that, cuz I had Kohl's and bottleneck management and Kohl's and Dolce Vita Salon and Peacock Premium. Who even the has that? Vet hospital, that one's fair, and then gas, I think.
1:08:03 Speaker 05 Um, so.
1:08:05 Caleb Hammer? So fuck you, flights, no.
1:08:06 Speaker 05 Yeah.
1:08:07 Caleb Hammer? Eighty-four dollars went to Southwest, that was it.
1:08:09 Speaker 05 Well.
1:08:09 Caleb Hammer? The most expensive was the pharmacy of two hundred eighty-one dollars twenty-five cents.
1:08:13 Speaker 05 The flights were in the statement before this.
1:08:14 Caleb Hammer? Well, there we go, so I don't really care about that. I only talked about the purchases you were doing in this statement.
1:08:19 Speaker 05 Yes.
1:08:19 Caleb Hammer? Of which doubled your balance, of which most of it was fuck you, bull shit.
1:08:25 Speaker 05 Correct.
1:08:26 Caleb Hammer? So what the fuck are you talking about then?
1:08:28 Speaker 05 Well, that's.
1:08:29 Caleb Hammer? Cope, cope. Deflect to another month, the month we're not even looking at. Fuck you, look at what you did here.
1:08:34 Speaker 05 Yeah, so that's that one. And I'm not gonna use it anymore.
1:08:38 Caleb Hammer? Yeah, I don't believe you.
1:08:39 Speaker 05 I don't have an actual card. And it wouldn't even let me put on my.
1:08:43 Caleb Hammer? It didn't stop you. You literally just doubled the balance only after making the minimum payment on a card that is accruing interest that you cannot pay off to save your life. Oh, I'm not gonna spend on it anymore. No, that's such a bullshit deflection just to try to get out of your bad behavior that was done here. And the fact is, when you do bullshit deflections in this conversation, that means you are likely not to make progress outside of this room once you actually change. Once you actually, once you actually leave.
1:09:06 Speaker 05 I think that one's actually a little bit higher now, too.
1:09:08 Caleb Hammer? No shit.
1:09:09 Speaker 05 Not much.
1:09:10 Caleb Hammer? Who would have get thought? At a thirty percent interest, right? Apple card, what's going on?
1:09:16 Speaker 05 That was the second of the two cards that we were using and paying off every month on a regular basis.
1:09:20 Caleb Hammer? That's all we do then, because we can't. Takes three years to pay off minimum.
1:09:23 Speaker 05 Correct.
1:09:24 Caleb Hammer? Oh, six eighty-three.
1:09:25 Speaker 05 There's no purchases.
1:09:26 Caleb Hammer? With a minimum payment, twenty-five dollars.
1:09:29 Speaker 00 The number one YouTube membership just got upgraded. And for this month only, you can join for free. See exclusive shows every day, Monday through Saturday. Financial Audit Post Shows, exclusive and uncensored financial audit episodes.
1:09:48 Caleb Hammer? Obviously, your time, 100%, but...
1:09:52 Speaker 00 Including fan favorites. Audit Update.
1:09:55 Speaker 05 I'm seeing a therapist now.
1:09:57 Speaker 01 Wait, you're dating a therapist? Personally or romantically, or both?
1:10:00 Speaker 00 Audit Breakdown.
1:10:01 Caleb Hammer? And we still don't feel with people like that, like he is at this level.
1:10:05 Speaker 00 And Hammer It Out.
1:10:07 Caleb Hammer? Discipline into your budget, that's what I was...
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1:10:33 Caleb Hammer? This is how we have to do a free trial on here because the platform doesn't currently offer free trials.
1:10:37 Speaker 00 It's okay.
1:10:38 Caleb Hammer? Yeah.
1:10:39 Speaker 00 It's worth it.
1:10:40 Caleb Hammer? Yeah, it is.
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1:11:26 Speaker 05 Oh, wait, no, I'm sorry.
1:11:27 Caleb Hammer? Says the lady with a shit ton of purchases.
1:11:28 Speaker 05 I'm sorry, that was the last month that there was purchases.
1:11:30 Caleb Hammer? Oh, my [BLEEP].
1:11:31 Speaker 05 Just got a new statement today that doesn't have...
1:11:33 Caleb Hammer? You're just, you don't know anything that is going on.
1:11:37 Caleb Hammer? Bullshit.
1:11:37 Speaker 05 I know all the balances and all the rates.
1:11:39 Caleb Hammer? Bullshit, bullshit, Taco Bell, bullshit, bullshit. What's this Parkhurst?
1:11:44 Speaker 05 Parkhurst is the cafeteria at work. It's actually, you get a lot of food for decent price.
1:11:50 Caleb Hammer? Seven dollars and forty-four cents.
1:11:52 Speaker 05 Yeah, that was a whole.
1:11:53 Caleb Hammer? Packing a lunch is cheaper still.
1:11:54 Speaker 05 That was like a whole Thanksgiving meal.
1:11:57 Caleb Hammer? Your little tit. Packing is cheap.
1:12:02 Caleb Hammer? Okay?
1:12:03 Speaker 05 Okay.
1:12:03 Caleb Hammer? You're stopping, stopping and again, bullshit every second of your life.
1:12:07 Speaker 05 I'm not.
1:12:07 Caleb Hammer? Well, you can't control a fucking husband or he doesn't give a shit. It's one or the other. I don't know. Okay?
1:12:13 Speaker 05 I love you. So that is an old medical bill from, um,
1:12:20 Speaker 05 another injury.
1:12:22 Caleb Hammer? What?
1:12:22 Speaker 05 Uh, his elbow.
1:12:25 Caleb Hammer? And you think nothing's gonna hap- oh, you are, oh, how do you, how do you hurt his little elbow?
1:12:31 Speaker 05 Fell down the basement stairs.
1:12:35 Caleb Hammer? What? How?
1:12:37 Speaker 05 He just tripped. The stairs are, the stairs are wood and a little, I think.
1:12:43 Caleb Hammer? My stairs are wood?
1:12:44 Speaker 05 Yeah.
1:12:46 Caleb Hammer? Oh, guys, if your stairs are wood, you'll tri- what? What is wrong with this man?
1:12:53 Speaker 05 I love you.
1:12:54 Caleb Hammer? Stinky, smelly, nasty.
1:12:56 Speaker 05 I don't think you're stinky, smelly, nasty.
1:13:00 Caleb Hammer? What is wrong with him? Seriously, how often, what is his, what is his like median rate of getting hurt on a yearly basis? Every three months, every two months, every one month? I don't even know.
1:13:10 Speaker 05 Yeah. So that one, it's weird because it's SCSI, it's State Collection Services, but it's not.
1:13:17 Caleb Hammer? Oh, yeah, really? Get away from that conversation. How often does he hurt himself?
1:13:21 Speaker 05 Enough. Um.
1:13:23 Caleb Hammer? No, how often?
1:13:25 Speaker 05 I don't know. Semi often.
1:13:29 Caleb Hammer? Once every month, two months, three months. Come on. We have to at least be once a quarter at this point.
1:13:33 Speaker 05 Yeah, probably.
1:13:34 Caleb Hammer? That's fucking crazy. You know that's crazy. That's crazy.
1:13:38 Speaker 05 I know.
1:13:39 Caleb Hammer? Dude, dude, what the? Are you sure you're not trying to? Are you trying to collect life insurance here that we do not know?
1:13:46 Speaker 05 He does have a policy.
1:13:47 Caleb Hammer? Not a denial, which is concerning. Six hundred fifty dollars is owed. So your payment's fifty, huh?
1:13:52 Speaker 05 Yes.
1:13:52 Caleb Hammer? Okay.
1:13:56 Speaker 05 And it's, so it's state collection services?
1:13:58 Caleb Hammer? A H N.
1:13:59 Speaker 05 Allegheny Network. Allegheny Health Network. That's another medical bill.
1:14:03 Caleb Hammer? For what?
1:14:05 Speaker 05 Some previous broken ribs.
1:14:07 Caleb Hammer? He broke ribs before. Doing what?
1:14:10 Speaker 05 I fell in the kitchen.
1:14:16 Caleb Hammer? What is wrong with this man? I've never heard of anyone like this. Unless they're like,
1:14:23 Caleb Hammer? like spazzing or epileptic or just like,
1:14:28 Caleb Hammer? how did he fall in the kitchen?
1:14:30 Speaker 05 I got dizzy and.
1:14:32 Caleb Hammer? Well, he needs to go see the doctor.
1:14:34 Speaker 05 Yes, he does.
1:14:35 Caleb Hammer? Hey, stinky, go see the doctor.
1:14:38 Speaker 05 Can we call him something else?
1:14:40 Caleb Hammer? Yeah. Go see the doctor. It means what he's doing right now. He's just sitting in his little cut corner at home while you sit here and actually try to get shit done. He's watching you with another man.
1:14:51 Speaker 05 Oh, he won't like that one.
1:14:53 Caleb Hammer? And he'll do nothing about it because if he tries to walk towards me, he will break the other parts of his ribs.
1:14:58 Speaker 05 That's why he's not here.
1:15:02 Speaker 05 Love you.
1:15:04 Caleb Hammer? Okay, so two hundred eighty-nine dollars is owed. Is there a monthly payment?
1:15:07 Speaker 05 Payment.
1:15:08 Caleb Hammer? Of what?
1:15:09 Speaker 05 Oh, wait, two eighty-nine.
1:15:11 Caleb Hammer? And then there's another one thirty-two.
1:15:12 Speaker 05 That one's done. That one's.
1:15:13 Caleb Hammer? Okay, okay. Well, what's the payment for the two eighty-nine?
1:15:17 Speaker 05 Forty-nine.
1:15:18 Caleb Hammer? Hey, minimums and payments are stacking. And yet we allow ourselves that bullshit. Good luck. What is VCA? Animal Services?
1:15:26 Speaker 05 That's the vet, but that was on, that's on the care credit, so that we don't need that one.
1:15:30 Caleb Hammer? Okay, upgrade.
1:15:31 Speaker 05 Okay.
1:15:33 Caleb Hammer? Twenty-four thousand dollars? And a twenty-nine point four nine percent interest rate!
1:15:38 Speaker 05 Well, so, this, this was-
1:15:41 Caleb Hammer? What the [bleep] did you do, lady?
1:15:43 Speaker 05 This is the kickoff to the, the, um, series of unfortunate events with the house.
1:15:49 Caleb Hammer? Which never happened in your lives.
1:15:50 Speaker 05 Correct.
1:15:51 Caleb Hammer? So what happened that time?
1:15:52 Speaker 05 That is, uh, the majority of the roof replacement.
1:15:58 Caleb Hammer? Why?
1:15:58 Speaker 05 From April.
1:15:59 Caleb Hammer? Why?
1:16:00 Speaker 05 Why?
1:16:00 Caleb Hammer? Why?
1:16:01 Speaker 05 Cause we needed a new roof.
1:16:02 Caleb Hammer? Yeah, what happened?
1:16:04 Speaker 05 It was leaking.
1:16:05 Caleb Hammer? Okay, so there was no incident that you could claim insurance on?
1:16:08 Speaker 05 No.
1:16:11 Speaker 05 So, that one is deferred.
1:16:17 Caleb Hammer? But you said you felt rushed into it, I have a note.
1:16:20 Speaker 05 Yeah.
1:16:21 Caleb Hammer? Why? What do you mean?
1:16:22 Speaker 05 So, it's one of those scenarios where the sales guy comes into your house.
1:16:28 Caleb Hammer? Oh, there you-
1:16:29 Speaker 05 Well, we made the appointment, it's not like we didn't make the appointment. The sales guy comes in, they give you a, here's what you should do.
1:16:36 Caleb Hammer? Yeah, no shit.
1:16:37 Speaker 05 Here's what it's gonna cost. If you, if you sign up right now, here's what this is gonna cost you. And I, I was very adamant, I was like, you know what, we're not doing this right now.
1:16:46 Caleb Hammer? Yes, your adamant is really paid off.
1:16:48 Speaker 05 Yeah, so the only reason we were able to do it, the only way we were able to do it, was to do the zero percent no payments until May of 2027.
1:17:03 Caleb Hammer? What's your minimum?
1:17:05 Speaker 05 There isn't a, it's zero payment. So we had it.
1:17:13 Speaker 05 And then-
1:17:13 Caleb Hammer? On yourself.
1:17:14 Speaker 05 So that's so service.
1:17:19 Speaker 05 Yep.
1:17:19 Caleb Hammer? So an extra 5,000 for the roof?
1:17:21 Speaker 05 Correct. So when we first signed up, they said, you know, this is the cost that we're expecting. But once we take the old chingles and everything off, we may need to, if the wood isn't good, then it might be a little bit more.
1:17:34 Caleb Hammer? Oh, they were hoping.
1:17:35 Speaker 05 So that's what that was because we couldn't get any more on the upgrade.
1:17:38 Caleb Hammer? So you owe 5,100 on this?
1:17:40 Speaker 05 Correct. And that one.
1:17:41 Caleb Hammer? What's the payment?
1:17:42 Speaker 05 That one, zero. So that one's also zero payment deferred interest. And that one's till.
1:17:49 Caleb Hammer? You deferred everything.
1:17:50 Speaker 05 So that one's till August. So that's part, that's part of the July consolidation.
1:17:55 Caleb Hammer? Of your plan that you said you should make a better.
1:17:59 Speaker 05 Gotta start somewhere, Caleb.
1:18:01 Caleb Hammer? You're assuming.
1:18:03 Speaker 06 You might be missing the opportunity of your year. Now might be a good time.
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1:18:31 Caleb Hammer? Hey, hey, hey, hey, Tit. You're assuming you're able to get a balance big enough to consolidate these really chunky balances and your credit is horrendously disgusting.
1:18:42 Speaker 05 It'll get better by July.
1:18:44 Caleb Hammer? Not on your behavior.
1:18:45 Speaker 05 My husband's credit's really good. Well, and these are on my husband's credit.
1:18:47 Caleb Hammer? Yeah. And what's his, uh, uh, what's his income going to show when he applies for a $40,000 consolidation?
1:18:55 Speaker 05 Well, hopefully this job will continue.
1:18:58 Caleb Hammer? We're going on hope.
1:19:01 Caleb Hammer? Oh, buddy, aye, yep. Yep.
1:19:06 Speaker 05 Well, let's un*** it.
1:19:08 Caleb Hammer? Well, I don't know if I can. This is juicy. This is juicy. We'll see. It might be a bankruptcy if anything.
1:19:14 Speaker 05 No, I'd sell my house before that happened. We have enough money. We make enough money.
1:19:21 Caleb Hammer? We'll see. If he has his job, you dumb.
1:19:26 Caleb Hammer? Okay, what's the synchrony? Roto rooter home.
1:19:29 Speaker 05 Correct, so that was another thing that happened to the house.
1:19:31 Caleb Hammer? See the commercials?
1:19:32 Speaker 05 So after the roof was done, early August, uh, the shower assembly in one of our bathrooms failed and water was leaking down into our kitchen ceiling.
1:19:43 Caleb Hammer? Bro, what the [bleep] are you doing?
1:19:45 Speaker 05 So, um, insurance covered the, um, like remediation where they go in and cut the hole and they do the, you know, antibacterial and have the fans and all that stuff. But they didn't cover the actual plumbing fixture replacement portion of it. So that's what that is for.
1:20:05 Caleb Hammer? This is gonna be endless. It's gonna be endless. This is never gonna stop and you're gonna be so [bleep].
1:20:10 Speaker 05 So that one's-
1:20:11 Caleb Hammer? Deferred interest is horrendous. Minimum payment 50 bucks. You owe 1,900. Deferred interest ends, yeah, in about 13 months. This is, this is just good, good.
1:20:20 Speaker 05 That one's 122 a month to pay it off before the deferred.
1:20:22 Caleb Hammer? Which I hope you do, but I don't fucking know. We need to see what the fuck this even looks like with the gun. What are we doing? What? You owe 5,000 dollars to your parents?
1:20:31 Speaker 05 Yes.
1:20:33 Caleb Hammer? Yeah, remember when I said you're a failure?
1:20:35 Speaker 05 A portion of it went on that, the very first card we looked at, the slate edge. And then they paid for the rest of it.
1:20:41 Caleb Hammer? Why?
1:20:43 Speaker 05 Why did they pay for it?
1:20:45 Caleb Hammer? Yeah, it's their 40-year-old independent child.
1:20:47 Speaker 05 Because they always told me if-
1:20:49 Caleb Hammer? Spoiled.
1:20:50 Speaker 05 I need anything-
1:20:51 Caleb Hammer? Spoiled.
1:20:52 Speaker 05 That they can help me.
1:20:53 Caleb Hammer? Not only that, but you've never learned your lessons and this is why you're here. Is because you have never had to change your behavior once in your life. Cause mommy and daddy were always there to bail their precious one singular daughter out.
1:21:07 Speaker 05 It's valid.
1:21:08 Caleb Hammer? Yeah, it's valid and it's true and it's horrible and they need to stop. I'm not saying parents can help, I'm not saying they shouldn't. But what is clear is forever is you have never felt the need to change your behavior because they will always be there.
1:21:23 Caleb Hammer? That's as clear as life.
1:21:28 Caleb Hammer? It's clear as it gets. Oh my, okay, so my personal loan, for what?
1:21:33 Speaker 05 That's probably just been a rolling balance, a rolling.
1:21:36 Caleb Hammer? What? A 16.57% interest rate?
1:21:39 Speaker 05 Well, as everyone says, it's better than the rates on the credit cards. So that's just been, that's just one of those kicking the can things that's just been a balance that's been moving around.
1:21:50 Caleb Hammer? This is ridiculous. You owe $17,056.50, the minimum payment of $477.68. What is the minimum payment to your parents, by the way?
1:21:59 Speaker 05 A hundred a month.
1:22:01 Caleb Hammer? Okay. The interest rate on this is horrendous. You're letting this sit here while you're consolidating and pushing things down the road. It's just like, this is filling up my entire notebook. And you think this is gonna be survived just with some consolidations and you're not gonna build it up again without changing your behavior because you never had to because your friends are there?
1:22:17 Speaker 05 I don't have a choice. I don't have a choice at this point. So that one's part of the July consolidation.
1:22:24 Caleb Hammer? If it all works and you're able to get it and your income's not cut in half and you don't get laid off in this bad job market, who even knows?
1:22:31 Speaker 05 That won't happen.
1:22:32 Caleb Hammer? You're, that's not how that works.
1:22:33 Speaker 05 My company has not laid off one person in 170 years.
1:22:37 Caleb Hammer? Well, we'll see what they call it when they do it.
1:22:42 Caleb Hammer? You know, like, good luck. Banks have closed. I don't know if you've heard this in the past couple of years.
1:22:50 Speaker 05 Not the type of bank that I work for.
1:22:52 Caleb Hammer? Uh, we'll see. We'll see. You never know. Sure they don't lay off because then they have to give severance. What is loan number two?
1:23:04 Speaker 05 Alright, so I don't know why that one's on top, but I have two 401k loans.
1:23:08 Caleb Hammer? Yeah, clearly you consolidating things is obviously what fixed everything and it's worked before. Why? Okay, so you owe on this one $15,040 and the other one $8,540. When did you do this and why? And then a 10% interest rate, you f-
1:23:23 Speaker 05 Yeah, but it's me paying myself back.
1:23:25 Caleb Hammer? Kind of, to a certain point. If you lose your job or you quit, you owe it like that.
1:23:28 Speaker 05 No, that's not true.
1:23:30 Caleb Hammer? Is it not?
1:23:30 Speaker 05 No.
1:23:31 Caleb Hammer? Go ahead and tell me.
1:23:32 Speaker 05 So you, whatever balance is left converts to a withdrawal, so you have to pay taxes on it. So it's a tax bill, but it's not paying the amount back.
1:23:43 Caleb Hammer? It is via your money that you have there.
1:23:45 Speaker 05 It's not the whole amount, it's whatever the percentage is.
1:23:47 Caleb Hammer? It is still the same thing. That is what I obviously meant. You dumb-
1:23:51 Speaker 05 Well, then say that.
1:23:53 Caleb Hammer? It is still having to do.
1:23:54 Speaker 05 It's not a bill that I'm gonna have to say, okay.
1:23:56 Caleb Hammer? It is a bill that you are paying via your money that is in there and you're gonna have to pay taxes and early withdraw. Oh, you idiot. And it's obviously, since this 401k is not like an IRA, you have to pay taxes based on your income bracket, but you still have early withdraw.
1:24:09 Speaker 05 Yes.
1:24:10 Caleb Hammer? Oh, my. So you're paying.
1:24:11 Speaker 05 But it's not.
1:24:12 Caleb Hammer? So you have 10% interest on it and then you'll pay another 10% via the penalty, then another, what, 15% on the taxes? So it's like you, you have like a 35% loan if you lose or leave your job.
1:24:24 Speaker 05 Which I'm not planning on.
1:24:24 Caleb Hammer? Which we're not planning on because no one's ever planned for any emergency ever, by the way, is how that works. I'm not planning on me, uh, losing an arm at some point, but it could happen.
1:24:34 Speaker 05 So that one was a failed consolidation attempt as well. The second one, the first one, which is the lower amount.
1:24:41 Caleb Hammer? Take advantage of more growth in the market too.
1:24:43 Speaker 05 Was for a portion of the down payment.
1:24:45 Caleb Hammer? Just had a nice little rebound, but I guess you don't get to enjoy that. Okay, what's this?
1:24:50 Speaker 05 So this is one I've never seen on your show before.
1:24:53 Caleb Hammer? Great. Yes, it does look like it was written from an 1800 typewriter.
1:24:57 Speaker 05 That is a loan on one of my insurance policies.
1:25:01 Caleb Hammer? Okay, what kind of insurance policy do you have?
1:25:03 Speaker 05 So I have two $15,000 insurance policies, life insurance policies that my parents purchased for me that when I got married.
1:25:10 Caleb Hammer? Whole life?
1:25:11 Speaker 05 I don't know.
1:25:12 Caleb Hammer? Typically, when you see people borrowing against that, that you, you like to see whole life for that, but.
1:25:17 Speaker 05 Yeah, so.
1:25:18 Caleb Hammer? It's horrendous. It's a 7% loan.
1:25:20 Speaker 05 Yeah, but that's me paying it back to the policy.
1:25:22 Caleb Hammer? I know, but that means.
1:25:25 Speaker 05 So that just means if that's not paid off by the time I kick the bucket, it just comes out of the amount.
1:25:30 Caleb Hammer? Setting yourself up for risk, dude. You're just, you're just, you're okay with every debt and you cope and you're okay with it?
1:25:35 Speaker 05 Well, if you have it.
1:25:36 Caleb Hammer? But this actually has to, this like, this doesn't, this doesn't come out of your prepay. Like to your 401k, that comes out of your paycheck that is hitting.
1:25:43 Speaker 05 Yeah, it's.
1:25:44 Caleb Hammer? This is actually money you owe.
1:25:45 Speaker 05 It's $15 a month in addition to my regular insurance payment.
1:25:48 Caleb Hammer? Okay, so I'll put it at 15 then.
1:25:50 Speaker 05 But that's included in the amount that I pay for my insurance.
1:25:53 Caleb Hammer? Oh, it is whole life. Yep, that makes sense. That's what you're doing.
1:25:55 Speaker 05 So I have two.
1:25:57 Caleb Hammer? Like, what do you owe completely?
1:25:59 Speaker 05 On that one?
1:26:00 Caleb Hammer? I, I know, I, life insurances.
1:26:02 Speaker 05 Oh, 20, whatever that says, 20.
1:26:04 Caleb Hammer? 25,000, okay.
1:26:05 Speaker 05 No, 2,500.
1:26:06 Caleb Hammer? Oh, 2,500.
1:26:09 Caleb Hammer? House.
1:26:10 Speaker 05 Yes.
1:26:11 Caleb Hammer? Good rate.
1:26:12 Speaker 05 Yes.
1:26:12 Caleb Hammer? Cheap house, Midwest, Rust Belt. We love it.
1:26:14 Speaker 05 We bought our house in summer of 2019 before everything went to shit.
1:26:20 Caleb Hammer? Presumably didn't refinance at a lower rate, but okay.
1:26:22 Speaker 05 At lower than 3625?
1:26:24 Caleb Hammer? Yeah.
1:26:25 Speaker 05 Well, probably wouldn't be able to do that right now anyway.
1:26:28 Caleb Hammer? No, not right now.
1:26:28 Speaker 05 No, but I mean even.
1:26:30 Caleb Hammer? 175,450 dollars and 39 cents is a minimum payment of 1,481 dollars and 84 cents. Still a good rate though, it's fine. But it could have been in the 2%. Then again, don't really want to refinance unless you save at least a couple of percentage points, so.
1:26:43 Speaker 05 And it's nice because our house is now worth probably at least a hundred thousand dollars more than we bought it for.
1:26:48 Caleb Hammer? Okay, well, might be your exit plan.
1:26:51 Speaker 05 You're not gonna like that.
1:26:52 Caleb Hammer? Well, what is this?
1:26:54 Speaker 05 So.
1:26:55 Caleb Hammer? What did you do? You took a line of credit against your house?
1:26:57 Speaker 05 Yes.
1:26:58 Caleb Hammer? So it's not worth an extra 100,000 that you owe on it?
1:27:00 Speaker 05 Well, the house is worth, we just don't have as much equity in it.
1:27:03 Caleb Hammer? Yeah, your equity is practically nothing now, again, probably.
1:27:06 Speaker 05 Our house, we bought our house for 2075, it's probably worth at least 300,000 now.
1:27:12 Caleb Hammer? And you owe total across the board about.
1:27:15 Speaker 05 260 something.
1:27:16 Caleb Hammer? Yeah, about 270. About 270, so after selling, after paying 6%, after, you're breaking even at best. And that's not even true because you got money you owe on a new roof, got money you owe on new systems that are all in the houses that you're not picking up and taking with you. So no, you've lost money so far. You have negative in general at it all together on this house than you would get for it.
1:27:38 Speaker 05 Money's probably, probably gonna get worse.
1:27:40 Caleb Hammer? Other debts when you don't own the house, but not on this one, not on your mortgage, and you'd probably just break even. So no, you say in worst case emergency, I'll just sell my house and use it to pay off the debt. You wouldn't walk away with anything.
1:27:50 Speaker 05 No, not necessarily use it to pay off the debt.
1:27:52 Caleb Hammer? Well, you wouldn't walk away with anything and your rent would probably be the same amount anyway. Well, I mean, now that we have this at an 8.24% interest rate of insanity and with an extra 695 dollars 60 cent
1:28:05 Caleb Hammer? payment added to your life.
1:28:06 Speaker 05 So do you want to know what that paid?
1:28:08 Caleb Hammer? Sure. Yeah, give it to me.
1:28:10 Speaker 05 So when COVID hit.
1:28:14 Speaker 05 We were able to take a one-year forbearance on our mortgage.
1:28:18 Caleb Hammer? Uh huh.
1:28:18 Speaker 05 So we didn't pay our mortgage for a year.
1:28:21 Caleb Hammer? Did you need to?
1:28:22 Speaker 05 Yes. Um, because my husband wasn't getting as many hours at work.
1:28:29 Caleb Hammer? Is he now broken? Okay, whatever.
1:28:33 Speaker 05 So a couple of years later in 2022, there were some other things that we wanted to pay off.
1:28:40 Caleb Hammer? Oh, great. Again, showing that your consolidation is really successful and it's worked every single time.
1:28:46 Speaker 05 When we did that forbearance, the amount that we didn't pay was added as a second lien onto our house.
1:28:52 Caleb Hammer? Okay.
1:28:52 Speaker 05 So we paid that off.
1:28:54 Caleb Hammer? Okay, okay. That's all your debt, right?
1:28:57 Speaker 05 I think so.
1:28:57 Caleb Hammer? Okay, it only filled up my entire notebook.
1:29:00 Speaker 05 I think that's it.
1:29:03 Caleb Hammer? Balance prior to statement started at 42 cents in this second account, ended at 50, 45. Then why did I see so much bullshit being spent on those credit cards? Moron. Zelling out 50 bucks.
1:29:15 Speaker 05 That was to my mom.
1:29:15 Caleb Hammer? Another YouTube, four bucks.
1:29:17 Speaker 05 That was a movie, I think.
1:29:19 Caleb Hammer? It's horrendous. And then, yeah, money back and forth. Okay, $2.49 on this one, started with 15. Solitaire, solitaire.
1:29:25 Speaker 05 Yeah.
1:29:26 Caleb Hammer? Chipotle, bullshit, bullshit, bullshit, bullshit, bullshit, bullshit, bullshit. Borough of something, bullshit, bullshit, bullshit. Why are we allowing this? This is unacceptable and disgusting and horrendous and stupid. TikTok shop again, 50 bucks, bullshit. Hotmart?
1:29:43 Speaker 05 Hotmart.
1:29:43 Caleb Hammer? Coffee, Chipotle, bullshit. Auto something, Dunkin' Donuts, bullshit, bullshit. Giant Eagle, bullshit, bullshit, Dunkin', bullshit, bullshit. Only probably went and got some bullshit by this trend. Auto something again, but it looks like just bullshit. Honestly, at the price. Zelling out 50 bucks.
1:30:02 Speaker 05 That's to my mom.
1:30:03 Caleb Hammer? Apple bill, bullshit, bullshit. Cafe, Youngin's House, Get Go, bullshit, bullshit, bullshit, bullshit.
1:30:11 Caleb Hammer? Giro Cafe, Dunkin', bullshit, bullshit, bullshit. This is insane. All to have a few bucks in our checking account. So stupid. Stupid. How would you even allow that? What a joke. Okay, so yeah, 401k 88 is nice for your age.
1:30:27 Speaker 05 It's probably, it's at almost 99 now.
1:30:29 Caleb Hammer? Yeah, but you owe against it. Of what? How much again?
1:30:33 Speaker 05 Uh, 15 total, I think. Max actually, so I was doing 6% to my 401k. Cause they do, they match the first 3% and then they do half of the next 3%. But I just recently switched it down to just the 3% to try to put towards the plan that you love.
1:30:56 Caleb Hammer? Well, that might be good. It might be bad. I don't know. Cause it's still 50% return on your money. But let's see if you have the wiggle room.
1:31:02 Speaker 05 Cause he doesn't have a 401k at all.
1:31:04 Caleb Hammer? Well, he doesn't have anything and likely a job soon. Okay, not including your mortgage, your total debt payments are $1,785.11. Your mortgage is $1,481.84. All utilities combined, gas, electric, trash, blah, blah, blah, blah, blah. Internet, how much?
1:31:22 Speaker 05 600.
1:31:24 Caleb Hammer? 600? Okay. Phone bill. Helium.
1:31:28 Speaker 05 Helium, we're both on helium. Uh, both of us together is like 55. Cause I have the upgraded plan.
1:31:33 Caleb Hammer? You've got the upgraded. That's good. Gas from drive, drive, both of you together.
1:31:36 Speaker 05 250.
1:31:37 Caleb Hammer? It's cheap. Car insurances.
1:31:40 Speaker 05 Uh, car, life insurance, um, personal articles and home warranty is, um, 300.
1:31:49 Caleb Hammer? Okay, 300 and that's outside of the whole life we already looked at?
1:31:53 Speaker 05 That includes that 15.
1:31:54 Caleb Hammer? Okay, I'm gonna minus that, uh, what was the whole life?
1:31:57 Speaker 05 $15.
1:31:59 Caleb Hammer? Yeah, minus the 15, cause I put that in your debt. So 285. Groceries, you could do 600. Follow the meal plan and the debt class. Follow the cookbook and download the Dollar Wise app. You get it for free forever, all of it. TP fund, anything else you need to survive should be about 200 for this house. Include that from him going to the damn doctor. Medical healthcare, copays stuff on a monthly basis, you're probably in therapy, you look like it, no?
1:32:25 Speaker 05 Probably should be, but I'm not. Um, no, nothing on a regular basis, medications are all covered.
1:32:30 Caleb Hammer? Subscriptions, I'll try.
1:32:32 Speaker 05 I don't even really, well, I guess I have those Apple ones. I don't even know what Apple one is, but I have it.
1:32:36 Caleb Hammer? Pen insurance is to 50. Is there only one pet?
1:32:39 Speaker 05 Two.
1:32:39 Caleb Hammer? Shit, let's do 100. Anything else that needs to be in the budget that I have not put in yet?
1:32:45 Speaker 05 I don't think so.
1:32:48 Caleb Hammer? Yeah, I mean, we shouldn't have wiggle room here as long as he has his job.
1:32:52 Speaker 05 That's what I mean. I know we have enough money to.
1:32:54 Caleb Hammer? If he has his job, that is the big thing. Dude's in and out of jobs left and right, and in and out of literally falling and breaking his body left and right. Certainly don't have enough for the spending you're doing, because you barely make it. You're making it by less than a thousand dollars. You need $5,385.95 to survive on a minimum monthly basis. And so you got an extra 863.05. That's while he has a job. If he doesn't, you guys are broken, this plan falls apart in every way whatsoever. I wouldn't consolidate unless you can change, you show that you change your behavior and follow this budget, which includes him, not just you. Because there's no point in doing this if you fix it and then he doesn't, because you'll still rack up the debt again. I'll allow the consolidations if, one, you actually get approved for them, and two, you change your behavior for at least a few months.
1:33:36 Speaker 05 I'll always show you my spreadsheet. I'm very proud of it.
1:33:39 Caleb Hammer? Okay, with this 863, I mean, it still takes 203 months to pay off even with that, which is 16 years. So yeah, I'm okay with the consolidation, but only if you prove you changed your behavior for at least two to three months, including him. So he needs to have a hard conversation. Your job from here is to certainly follow the budget and for him to keep his job. But more than anything is to have a conversation, be on the same page. If you guys aren't on the same page about your budget spending and everything like that, I didn't put a cigarette fund in here, and that shit's expensive.
1:34:04 Speaker 05 Right.
1:34:04 Caleb Hammer? Then there is no point of us having this conversation, no point of you trying to do anything, because he will hold you back forever. And that includes if he changes and you don't, because then you'll hold him back.
1:34:13 Speaker 05 I don't want to put it all on him.
1:34:15 Caleb Hammer? Spending in a budget of which you probably did incorrectly on your score online, because you don't know, is zero out of 10. Debt, there is collections, which I don't think you reported correctly, zero out of 10. What?
1:34:28 Speaker 05 That collections doesn't come up as a collections on either of our credit.
1:34:32 Caleb Hammer? But it is there. You tit.
1:34:34 Speaker 05 Okay.
1:34:34 Caleb Hammer? It's there. You said it's there. You're paying on it.
1:34:37 Speaker 05 Yeah, but it's not on our credit.
1:34:39 Caleb Hammer? Just off. Emergency fund. I didn't see anything. There are 10 retirement. This is the one thing. It's okay, but you do have a debt against the, what have you got? So it's like $75,000. Um, still it's your income where you're making what 65 a year?
1:34:53 Speaker 05 65 a year.
1:34:53 Caleb Hammer? 65 a year. That should be about 130, 130 in two years and you're at 75. So you're about a six out of 10 there. Real estate. Yeah, with what you've done with the equity position and you know, all the things you put into and you're not going to, you wouldn't walk away with the profit. That's for sure. Um, it's, it's, it's a five out of 10. Maybe. Okay. Right. That's the only thing going for it. So if you actually answered the quiz correctly, what you would probably get is a 2.5 out of 10.
1:35:24 Speaker 05 Exactly what I said.
1:35:25 Caleb Hammer? Get yours at Calebhammer.com for free. Now join us in the post show, an extra 20 minutes of this in every single episode. And three premium shows posted every single day by clicking that join button and joining Hammer Elite. I'll see you guys there. You wanted to admit something to us that you were doing behind corporate's back.
1:35:42 Speaker 05 I do have a corporate credit card for corporate expenses, but sometimes I've had to use it for other things.
1:35:50 Caleb Hammer? Had to other things. What?
1:35:53 Speaker 05 Spending.
1:35:54 Caleb Hammer? And they don't know about this?
1:35:58 Caleb Hammer? Join us Saturday, January 31st for Hammer Elite Day, a five hour live stream featuring all of your favorite shows, but done live with you. See you there.
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Previous How Is This Possible... | Financial Audit Next Financial Audit's First Affair Page updated October 31, 2026 · transcript and summary are machine-generated