Pod Insights Financial Audit Most Insane Car Debt I’ve Ever Seen | Financial Audit About this episode 🍿 woooowwwwww she's hiding EVEN MORE DEBT behind his back and he HAD NO IDEA... It's exposed in the post show, watch here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join
💵📱Download the *DollarWise Budgeting App* today: *Apple:* https://apple.co/4iChGhr *Google Play:* https://bit.ly/sb-googleplay Don't overcomplicate this crap! All you need is an automated / SIMPLE budget. *AND REMEMBER* those who sign up for DollarWise Premium *annual* get a signed version of the Cook Book, just submit proof of purchase here: https://tally.so/r/3xzPq5
💸🤑💰 *FREE TRIAL* To make our classes and budgeting app *more affordable*, we bundled them together for an *80% DISCOUNT* and for this month only, you can try DollarWise Central for *free* - check it out here and change your life: https://dollarwise.com/dollarwise-central/
🔋⚡🥤🔋 *STOP SPENDING $4 ON BS ENERGY DRINKS* Gamersupps tastes better and costs only *$0.25 per serving* - use my link, and save 10% https://gamersupps.gg/caleb and if you want *FREE SAMPLES* to test, just type in code CALEB
___________________________________________
▶SPONSORS:
Use Yrefy to refinance your private student loans today at: https://yrefy.com/hammer or call (888) Yrefy-78
You’re 30 seconds away from being debt free with PDS Debt. Get your free assessment and find the best option for you at https://PDSDebt.com/hammer
___________________________________________
▶EDUCATION:
1. Get your own free Hammer Financial Score: https://www.calebhammer.com 💸🤑💰
2. Get all of my educational programs for a much lower cost here, including the premium version of my budgeting app: https://dollarwise.com/dollarwise-central/ 💸💸💸💸
Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript 19,563 words · 6 speakers
Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.
0:01 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome? That's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a 50-page restoration block, or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies 18 plus.
0:26 Speaker 01 This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. It boosts your job post to help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now? Then this is a job for Indeed sponsored jobs.
0:55 Caleb Hammer? To watch episodes of Financial Audit a week earlier, check us out on YouTube. Both of you just go and do these things endlessly behind each other's backs and then justify. You just do things.
1:04 Speaker 03 Someone has to.
1:05 Caleb Hammer? You're suggesting she doesn't.
1:06 Speaker 03 Sense of finding career, finding something more stable. In that sense, no, she's comfortable.
1:10 Speaker 04 Who said I'm comfortable?
1:11 Speaker 03 You're comfortable. The kids were in daycare.
1:12 Speaker 04 Working from home, why?
1:13 Speaker 03 If you would have maintained those two clients throughout the pregnancy, we wouldn't have been in the situation we're in.
1:17 Speaker 04 That baby wouldn't have been alive if I was with both of the clients.
1:19 Caleb Hammer? One thing I'm picking up is that you can never be wrong. Why is he such a little [BLEEP] ass [BLEEP]? This was so correctable until we got to the cars. And now we're [BLEEP].
1:30 Caleb Hammer? The tools to change your life have just been upgraded. Download my budgeting app, rebranded to Dollar Wise today, and start your free trial. Sign up for the annual version and I'll send you my budget friendly cookbook that can't be purchased anywhere else. And I'll personally sign it and mail it directly to you. Download the Dollar Wise budgeting app today and take advantage of your free trial.
1:51 Speaker 04 Hi, my name is Ava. I'm 26.
1:54 Speaker 03 Hi, I'm Logan. I'm 26 and we're from Fort Myers.
1:56 Speaker 04 And this is Financial Audit.
2:00 Caleb Hammer? Thanks for coming over from Florida, guys. You know, Fort Myers, it's not like one of the cheaper areas to live for sure. You know, kind of depends. Hopefully you guys are doing well. What are you doing for a living, Ava? You're right in front of me.
2:14 Speaker 04 I'm a registered behavior technician, RBT.
2:17 Caleb Hammer? Oh, RBT. All right, what are you making in that position?
2:21 Speaker 04 So my client has 30 hours. So we only work with the amount of hours our client receives.
2:26 Caleb Hammer? Sure, but what are you making in that position?
2:28 Speaker 04 Making 30 an hour.
2:30 Caleb Hammer? What hits your account per paycheck and what is that per paycheck cycle?
2:34 Speaker 04 Eighteen hundred every two weeks.
2:36 Caleb Hammer? Okay, okay, okay. And you, Mr. Logan?
2:39 Speaker 03 I'm also on RBT.
2:41 Caleb Hammer? Oh, did they mean in school?
2:44 Speaker 03 No.
2:44 Caleb Hammer? Little RBT school?
2:46 Speaker 03 No, no. High school, sweethearts.
2:48 Caleb Hammer? Oh, really?
2:49 Speaker 03 Yeah.
2:49 Caleb Hammer? Oh, twenty-six, okay, cool. Sure. And are you thirty dollars an hour?
2:54 Speaker 03 Yeah, same, thirty dollars an hour.
2:55 Caleb Hammer? Good. How many hours a week are you at?
2:57 Speaker 03 Around fifty-six or fifty-five.
2:59 Caleb Hammer? Why do they like you so much?
3:01 Speaker 03 Because I have two clients.
3:01 Caleb Hammer? They, a little sexism?
3:03 Speaker 03 No.
3:04 Speaker 04 No.
3:05 Caleb Hammer? Oh, look at those tits, gross. Get your last hours.
3:08 Speaker 03 No, no.
3:08 Speaker 04 Based on the clients, you can have only a max of thirty hours per client. It's what the client gets approved for.
3:14 Caleb Hammer? And you don't want more client. Do you have kids?
3:15 Speaker 03 Yes.
3:16 Speaker 04 It's not that we don't, yeah, we have.
3:17 Caleb Hammer? You do have kids?
3:17 Speaker 03 Yeah.
3:18 Caleb Hammer? Ah, that would be a good answer why. Before we learn about the kids, what hits your account by weekly?
3:26 Speaker 03 A little over three thousand, three, like, thirty-two hundred, yeah.
3:30 Caleb Hammer? Oh, you had to answer for him.
3:31 Speaker 04 Mm-hmm.
3:32 Caleb Hammer? She knows. You don't know. You're not the knower.
3:34 Speaker 03 I, yes, I know a bit. She's the one who plans it all out.
3:38 Caleb Hammer? Okay, so what made you take control and be the planner? Um, I mean, that's ten thousand bucks a month. That's not, that's not bad. It's not bad at all.
3:50 Speaker 03 It's pretty.
3:50 Caleb Hammer? Even for Myers, I mean, we're, we're doing, you're well above the median, that's for sure. And this is net, this isn't even gross. We're a hundred twenty thousand dollars a year. Net. Delicious, wonderful. You're working hours to get that, for sure. Uh, what are the, what are the kids? What are the ages?
4:07 Speaker 04 Three, six, and ten months.
4:09 Caleb Hammer? Wait, three, six, you have that many kids?
4:12 Speaker 03 Three kids.
4:12 Speaker 04 Yes, three kids.
4:13 Speaker 03 Six-year-old, three-year-old, and ten-month-old.
4:16 Caleb Hammer? Me. Well, you better be making good money then, that's expensive. Um, well, what the, Colton's telling me you just lost one of your clients.
4:26 Speaker 03 Yes.
4:26 Caleb Hammer? Wouldn't that be, would that not be impacting on your income?
4:31 Speaker 03 Yes, but.
4:31 Caleb Hammer? Why'd you, why'd you not even tell me that?
4:33 Speaker 03 Because I have something in the works. It's, it should be starting.
4:36 Caleb Hammer? In the works, should be, okay. In the works and should be are not, they are.
4:40 Speaker 03 Yes, but it's probably within the next two weeks.
4:43 Caleb Hammer? Probably, should be, in the works, probably.
4:48 Speaker 04 With the process.
4:49 Caleb Hammer? Lots of, uh, lots of.
4:51 Speaker 03 That's the problem with this career field. It's like this, it's up and down, nonstop. And you can have a client, you could lose them next.
4:57 Caleb Hammer? Sure, sounds like you lost one. You're shaking your head, I feel like.
5:02 Speaker 04 It's, we've been in this line of work for two years. So we've been up and down. It's very hard to maintain two clients. So basically, the only way we can explain is that you can have a morning client and an afternoon.
5:13 Caleb Hammer? Four not gonna be consistent then? Well, what do we consider consistent for the income of the house if not 10?
5:19 Speaker 04 Um, meaning it would be about 72.
5:25 Caleb Hammer? Okay, that's still not bad. So 72 to 10,000, uh, how often are you getting this 10,000?
5:33 Speaker 03 Uh, it depends. It, it, that's the issue. It could be, so you have the same client for years and years.
5:40 Caleb Hammer? Okay, you've been in it for two, so.
5:42 Speaker 03 Yeah, so in the two years, I've, I've maintained my clients for the most part. I had two clients. Probably out of the two years.
5:47 Caleb Hammer? Well, I have to fact check. Is that true? Because he's already lost my trust a little.
5:51 Speaker 04 No, it's, it's true.
5:52 Caleb Hammer? Okay, gaining my trust back. That's good. Okay. Yeah, I mean, high school sweethearts, we love it. You guys started [BLEEP] right away. Yeah, popping out the kids. How long have you guys been married?
6:03 Speaker 04 Uh, three years, three, four this year.
6:08 Caleb Hammer? Why the kid? So long before marriage?
6:12 Speaker 04 Uh, yeah, 19.
6:13 Speaker 03 Yeah.
6:14 Caleb Hammer? Yeah.
6:15 Speaker 04 19, that's our first.
6:16 Caleb Hammer? Told my mom was when I was born, yeah. It's not thrillingly easy, but you guys are obviously doing well. Income, yours. But again, why the kid before marriage?
6:25 Speaker 04 Uh, reckless behavior, yeah.
6:27 Caleb Hammer? Stuck in the wrong hole?
6:28 Speaker 03 Yeah.
6:29 Caleb Hammer? Okay.
6:30 Speaker 03 No, just, no, just it, it happened. I already knew I wanted to be with her for the rest of my life. I loved her and.
6:36 Caleb Hammer? Just not getting all the legal protections and tax advantages that come with marriage?
6:42 Speaker 03 Hmm, I don't, I wouldn't say it's always. An advantage to be married?
6:48 Caleb Hammer? Well, what's the not? You're right. If you think a divorce is incoming, it's probably not. What would the not advantage be?
6:53 Speaker 03 Well.
6:54 Caleb Hammer? Cause there's lots of protections with inheritances and like, you know, debt settlements and whatnot.
6:59 Speaker 03 I don't know.
6:59 Caleb Hammer? Including automatic things that happen if you're married versus if you're not at time of death.
7:04 Speaker 03 It just took a minute to get to it to be able to do.
7:06 Caleb Hammer? What's the advantages of not being married or the disadvantages of being married that you're advocating for?
7:12 Speaker 03 Um, I wouldn't say advocating for, but benefits of the time if you weren't when we were living together.
7:18 Caleb Hammer? Well, I'm not too concerned about that anyway, because you guys are married now. So it's not like that's a big deal. What's going on? What are we talking about today?
7:24 Speaker 04 Well, we are trying to figure out how we should
7:30 Speaker 04 pay off our debt, figure out emergency savings.
7:32 Caleb Hammer? Sure.
7:34 Speaker 04 And to try to save for our kids and retirement, just because we're 1099.
7:38 Caleb Hammer? Pretty good, but what is going on?
7:40 Speaker 03 Yeah, we're 1099 and we owe taxes to the IRS.
7:44 Speaker 04 So now with the taxes, with the debt that we have.
7:46 Caleb Hammer? 10,000? Is this future or back?
7:48 Speaker 04 No, this was 2024.
7:51 Caleb Hammer? You know, we're almost done with this year, right? You know, in a couple of weeks, we are in Q4 of this year, right?
7:57 Speaker 03 Yep.
7:58 Caleb Hammer? 1099 for two years. Are you guys not paying estimated quarterly's?
8:02 Speaker 04 No, it was just one. It was just last year's. We did the extension.
8:05 Speaker 03 No, we're not.
8:06 Caleb Hammer? Yes, you're not paying.
8:07 Speaker 04 No, the quarterly's. No, no, we're not.
8:08 Caleb Hammer? So what are you gonna do this upcoming year? Cause if you can't even pay last year's taxes, what the fuck are you doing in a few months?
8:13 Speaker 04 Yeah, we're trying to figure out how we should.
8:15 Caleb Hammer? And what did you figure out?
8:17 Speaker 03 Well, we did a payment plan.
8:19 Caleb Hammer? 10,000? What did you pay, if anything, last year in taxes?
8:23 Speaker 04 Uh, we only paid 600 at the time.
8:25 Caleb Hammer? Why?
8:26 Speaker 04 Because we started working towards the end of that year.
8:29 Caleb Hammer? Been doing this for two years. That is not lining up at all.
8:31 Speaker 04 Started in August of 2023.
8:35 Caleb Hammer? Well, we're talking 2024 taxes. I'm confused.
8:37 Speaker 04 So we had, so 2024, yes, we didn't, we only owed, because for 2023, we paid 600. That's what we paid for our taxes, because we had W2s.
8:47 Caleb Hammer? I'm, I'm asking why you didn't save anything aside for taxes last year?
8:51 Speaker 04 Ah.
8:52 Caleb Hammer? Asking why we owe money to the IRS right now? There in chat, they always are. Hello?
8:57 Speaker 03 When?
8:57 Caleb Hammer? I don't, I'm, I'm doing well. It's okay. You look at them.
9:03 Speaker 03 We uh, we went over spending for sure. Wife wanted a bigger house.
9:09 Caleb Hammer? Oh, you got a new house?
9:10 Speaker 03 No.
9:11 Caleb Hammer? We upgraded houses when we're not paying taxes? We're not paying taxes, we're upgrading housing.
9:19 Speaker 04 Yep.
9:21 Caleb Hammer? What bedroom, how many bedrooms did we have? Let's try to justify this. Let's see if I can.
9:24 Speaker 04 It was a three bedroom townhouse, but we were living with my mom.
9:28 Speaker 03 Yeah.
9:28 Caleb Hammer? So. Are you still?
9:30 Speaker 03 When we moved to the bigger house.
9:32 Caleb Hammer? Okay, so what did we, how many bedrooms did we go up to?
9:36 Speaker 03 We went to four bedrooms.
9:37 Caleb Hammer? Okay, so we upgraded to one. Listen, I mean, I'm vibing with that, but not if we're not paying our taxes.
9:44 Speaker 03 Yeah, agreed.
9:44 Caleb Hammer? I'm vibing with it, but not if we're not paying our taxes.
9:48 Speaker 03 Yeah.
9:49 Caleb Hammer? So, in this household, when it comes to money, when it comes to communication, purchases, upgrading your housing, I mean, it already, it's kind of been established. Did you seem to be the one that knows what's going on and dude's kind of on the back burner? Also, aggressive forehead lines at 26. You gotta, it is, it is either botox time or you gotta stop upgrading, like, up in those.
10:12 Speaker 03 It's all good.
10:12 Caleb Hammer? Okay.
10:12 Speaker 03 Stress, I'll take it.
10:13 Speaker 04 Talking about all the time.
10:14 Caleb Hammer? It's not stress, it's you doing this. Okay, sorry, the actual important thing.
10:20 Caleb Hammer? What is the dynamic like in the communication around finances in this house? Give us some insight before we dive into the numbers.
10:27 Speaker 04 So, I get, I'm the one that budgets everything. I know exactly what comes in since I have access to most of the accounts.
10:35 Caleb Hammer? Uh huh.
10:35 Speaker 04 Um.
10:36 Caleb Hammer? Why is it just you? Why is it, uh, Queen Ava, is that right? Is that what we called you? Yes, Queen Ava, why?
10:42 Speaker 04 Uh, mentality, just my mentality now.
10:45 Speaker 03 She likes controlling.
10:46 Speaker 04 Control.
10:47 Caleb Hammer? How do you feel about that? I mean, this is your guys' future, married for a while, three kids.
10:52 Speaker 03 Well, so, I'm, I'm gone most of the time. I'm always working. I'm out of the house 12 hours, Monday through Friday.
10:57 Caleb Hammer? Great, but that's Monday through Friday, giving you two days, and also a budget could be one day a month. Two hours in that day.
11:05 Speaker 03 I trust her and I know she that she knows.
11:06 Caleb Hammer? You trust her. You know you're on the show because you're right. You know, no one comes on the show. Unless they're right.
11:14 Speaker 03 Absolutely.
11:14 Caleb Hammer? Where's that trust?
11:16 Speaker 03 Well, so it's it's gotten better over the years. So now is when she's taken initiative the last year and a half or so where she's been.
11:24 Caleb Hammer? This is better.
11:25 Speaker 03 Yeah, she used to be this.
11:28 Caleb Hammer? She says no. See, you don't know what's going on, guy.
11:30 Speaker 04 No, I didn't get more on top of it up until maybe six months ago, five or six months ago. Um, I mean, I kind of budget just based on what's due during that time, either credit card minimums. Um, anything for our kids.
11:44 Caleb Hammer? Does he have to ask permission every time he purchases something? Like, how does that look if if?
11:48 Speaker 04 No, I just tell him what he has left over after he makes his payments.
11:51 Caleb Hammer? And how does that go? If he makes his payments?
11:55 Speaker 04 So.
11:55 Speaker 03 Yeah, we have. No, we have separate accounts.
11:59 Caleb Hammer? Why? What's the point? What's the intent? Similar income, similar job, similar age.
12:04 Speaker 03 But since we have to have business accounts.
12:06 Caleb Hammer? Yeah.
12:06 Speaker 03 And it's separate companies. We can't be in the same company because we're different. Yeah, no.
12:11 Caleb Hammer? Okay.
12:12 Speaker 03 That's the and that's another.
12:13 Speaker 04 That's why we have to receive our paychecks.
12:14 Caleb Hammer? Okay, that's fine.
12:16 Speaker 04 The only thing is that he will end up, you know, making purchases, big purchases without me knowing.
12:24 Caleb Hammer? But how does that make sense if you're telling him how much is left over?
12:28 Speaker 04 Credit cards.
12:30 Caleb Hammer? Business credit cards?
12:31 Speaker 04 No.
12:32 Speaker 03 This is.
12:32 Caleb Hammer? Again, why? Why do we not have? How can she do a budget? If the business is separate, I get it for legal and pay reasons. Why is she not having insights into the credit cards if she's the one budgeting for the household? What are the purchases? How much and how often? What is this?
12:49 Speaker 03 It was a one time thing. So we moved again recently and we were living in a living room in my parents' house. Because I'm going back to school in January and they my mom also works in this field so she knows how inconsistent it is. So they asked us to move in their building. We were building an efficiency. And I helped with some other purchases. So I purchased it was like fifteen hundred dollars on Home Depot.
13:08 Caleb Hammer? What?
13:09 Speaker 03 Tile for everything.
13:10 Caleb Hammer? Why would your why would your wife not know? Even if it's a good intent purchase, if she's budgeting the household.
13:17 Speaker 03 It was on that day. I didn't think anything. I didn't think of that. I didn't think to talk to her about it right away because. Also Colton.
13:23 Speaker 04 He left me at home with my three with the three kids with his mom in the house.
13:27 Speaker 03 I've been doing the construction. I've been doing the construction with my dad.
13:30 Caleb Hammer? She says it's not just one time that you get enticed easily constantly. So I don't know what the you're talking about one time.
13:37 Speaker 03 It was I saw it as a purchase to be able to help us.
13:40 Caleb Hammer? Sure.
13:41 Speaker 03 And.
13:41 Caleb Hammer? To not communicate with the person that's managing the finances of the house?
13:45 Speaker 03 It's we're saving because of the move and being able to live with my parents now. We're paying nothing for rent. So we're saving.
13:51 Caleb Hammer? Buddy, how do you know what? You're actually going on what the finances actually look like in the household if you are not involved? You can't say that. You might just know the rent number specifically, but you don't know the full picture and isn't the bigger picture what's important when making a massive purchase? Fifteen hundred dollars is a dramatic amount of money.
14:08 Speaker 03 Well, if you the way I saw it was if I'm if I'm if we're gonna save two thousand dollars a month, we're not going to pay rent anymore because we moved.
14:15 Caleb Hammer? But you don't know the whole picture.
14:17 Speaker 03 But.
14:17 Caleb Hammer? What if you were two thou- what if? Okay, yeah, sure. You save two thousand, but what if you were a thousand over and that's why you guys were in the hole?
14:24 Speaker 03 No, it wouldn't make any sense. It was fifteen hundred bucks.
14:26 Caleb Hammer? How would that not make any sense? You guys.
14:29 Speaker 03 Because the way I see it was this month, we don't have to pay rent.
14:31 Speaker 04 Zero percent interest.
14:32 Speaker 03 It's zero and I'm a zero percent interest guy for that. I will say.
14:36 Caleb Hammer? But again, she's the one that runs the household finances. I'm not saying this purchase was inherently bad. I don't know, but why would you not at least vet that with the person who run? If you you are purposely not being involved in the financial conversations.
14:50 Speaker 03 We we are because we sit down. We talk together every month.
14:53 Caleb Hammer? What? That is not what you guys have said so far. What are you talking about?
14:57 Speaker 03 She sits that we sit down every every biweekly. She pulls up the amount. Hey, we have this amount. We have to pay this as much. This is our TP fund. This is what we owe. And then we go from there.
15:07 Speaker 04 Yeah, but you don't always follow it.
15:10 Speaker 03 I do follow it. I initially made that one purchase.
15:14 Caleb Hammer? Clearly, this isn't hyper correct, no matter your defense, if she's against the purchase.
15:19 Speaker 04 It's not necessarily that I was against it because I understood that we needed it.
15:22 Caleb Hammer? Well, again, it's not that the purchase itself was bad. It's the timing, the amount and communication.
15:28 Speaker 04 It's just the fact that he didn't tell me and it was just after the fact when he got back to the house.
15:33 Speaker 03 I've been working on it.
15:34 Speaker 04 They came back with all these supplies and I was like, uh, where were you?
15:38 Speaker 03 The guy that was helping us do the work. It was me, my dad and one of his buddies who does all that construction stuff. And he was done with the project that we were already working on. My dad was out working and I saw, I'm like, okay, if I go to Home Depot and I buy this stuff, this will help us finish the room that we're making. So we can, instead of sleeping in the living room, be sleeping in our room finally. So it finished the bathroom.
15:57 Caleb Hammer? Listen again, it's not the purchase itself. You're trying to defend the purchase itself. It's not. It's your lack of communication and you didn't maybe understand what the dollar. Maybe that purchase needed to be done. Sounds like probably, but maybe it wasn't in the budget right then and there. And you wouldn't know unless you discuss it with the person who's running the finances. You don't know dick. Was it retaliation? Because I'm being told you're also upset at her for opening a Disney card behind your back. Was it retaliation?
16:23 Speaker 03 No, I wouldn't see as retaliation. I saw it as an opportunity for us to finish our room and being able to work on it. Get it, get the stuff done faster.
16:31 Caleb Hammer? Tell me about the Disney card.
16:33 Speaker 03 So she opened it for vacation, which I thought we paid outright.
16:38 Speaker 03 She wanted to go to take our son to Disney for his birthday in April.
16:43 Speaker 04 Yeah, that's right. Uh, my sister was planning on taking my nephew, who's turning two, um, for his birthday and our son was turning six and they hadn't been to Disney yet. And not that I hate Disney, I hate Disney, but I was taking, I wanted to take my kids just so they could meet the characters, things like that. And I took advantage of the promo they were going through of, um, it was a $400 credit and they had the tickets at 150 per person.
17:16 Speaker 03 But yeah, but then you've been using that card for other stuff.
17:18 Caleb Hammer? Like what?
17:20 Speaker 03 Uh, planning now our other two kids' birthday party in November. Uh, buying stuff for the decorations for the party, uh, the venue, renting it out and other stuff.
17:33 Speaker 04 And you're against this? What's the communication around it then?
17:37 Speaker 03 Doing that stuff on a credit card doesn't make any sense when you can plan it out and pay it outright.
17:42 Speaker 03 She didn't have to start buying stuff from March of this year when their birthday is in November.
17:47 Caleb Hammer? I don't know, this feels like...
17:52 Caleb Hammer? I don't feel like you guys are 100% aligned. I want to see what you guys think. That's like the worry of the other person hearing. Let's bring in headphones. Let's bring in headphones and see if we can see what they think.
18:07 Caleb Hammer? Alright, I mean, listen, he can't hear us. Did Logan actually ask before making more big purchases outside of this? Or is it just like, "Oh, I've already did it"? Okay, tell me about it. Tell me about this dynamic. How does this go?
18:21 Speaker 04 Um, so, since we graduated high school, he's kind of been up and down. We've changed a lot of jobs since then. A lot of part-time, full-times, going back and forth between jobs, because it wasn't enough. And so he started studying to be a personal trainer. He spent $1,000 on that course.
18:42 Caleb Hammer? And you had no idea, huh?
18:43 Speaker 04 And he did not tell me until after he brought it up to me, saying that, "I want to do this. Can I, should I do it? It's like, it's monthly. I have to pay for it every single month for a year." And then, I was like, "But are you gonna be able to have time? You're not, you don't have enough time to study. You sleep during the day, you work night shift." You know, you don't, you don't have enough time during the day to be able to study. And he's like, "Well, I already paid for it." So... And then after that, when we moved, he wanted to go to EMT school. He told me it was about $2,000, and then after he finished paying for it out of pocket, it ended up being about $4,400
19:25 Speaker 04 that I was not aware of. And he was only working at the time. It was out of pocket, all out of pocket, all with what he was making.
19:34 Caleb Hammer? Did that prevent you guys from paying off that?
19:36 Speaker 04 It did, because at the time, I was... We had just moved. We had just moved from Miami to Fort Myers with our in-laws. So, I couldn't find a job because I was three months pregnant with our second.
19:52 Caleb Hammer? Who's at fault here? For what we're looking at today, who's at fault?
19:56 Speaker 04 I mean, I've completely stopped using my credit cards. And if I don't have the money, I don't have the money.
20:01 Caleb Hammer? Yeah, I mean, maybe, but you opened the Disney credit card. Did you open it without asking him because he would have said no?
20:08 Speaker 04 Um, I mean, he kind of got an idea that I was gonna open it, but he-
20:13 Caleb Hammer? What does that mean? What does that even mean?
20:15 Speaker 04 So I had mentioned to him that they had a promo for the tickets and I wanted to get them right away. He knew I didn't have the cash on me, but I told him afterwards that, you know, I got the tickets. And then, you know, he was like, oh, did you-
20:26 Caleb Hammer? But you're the responsible one. How is this responsible? Especially swiping on the card afterwards too, after it was done. I mean, the balance is borderline. I mean, it's substantial. It's huge.
20:33 Speaker 04 Yeah, yeah.
20:35 Caleb Hammer? It's the first one we look at.
20:37 Speaker 04 Yeah, I was trying to go back to the statements to see how I got that high. And there was a lot of miscellaneous purchases-
20:44 Caleb Hammer? But you're the responsible one, are you? Are you actually?
20:47 Speaker 04 Now, yeah.
20:50 Caleb Hammer? Anything I should know here about his actions, about his communication while you're on mute?
20:57 Speaker 04 Just it, just him making those big purchases without me really being aware of it or being told the full truth about it.
21:05 Caleb Hammer? Alright, well, let's switch.
21:08 Speaker 04 Jesus.
21:08 Speaker 03 Yeah.
21:13 Caleb Hammer? Can you hear? Okay. Alright, big gun. Here's the thing.
21:17 Speaker 03 What's up, Ross?
21:19 Caleb Hammer? Looking back at your relationship,
21:22 Caleb Hammer? what other massive purchases do you see that she was not aware of, that you just, that you just do? What else?
21:30 Speaker 03 The Home Depot's the one that I think of. And then, other than that, I would say-
21:37 Caleb Hammer? Nothing else?
21:39 Speaker 03 Off the top of my head, I can't think of it, no.
21:41 Caleb Hammer? No learning, no regret, no reflection.
21:43 Speaker 03 Um, the, I talked to her about it. It was when I did school.
21:49 Caleb Hammer? You talked to her about it?
21:50 Speaker 03 Yeah, so when I, when I, when I did an EMT school-
21:52 Caleb Hammer? What if she said you absolutely did not talk to her about it? That you just did it behind her back without her knowing?
22:01 Speaker 03 I'm not sure. I haven't.
22:03 Caleb Hammer? Let's talk about student loans. I know it's something we all avoid talking about, but if your private student loans are crushing you, Y Refi might be exactly what you need. They don't rely on your credit score alone. They look for borrowers who have the desire and the ability to repay. That is a game changer in a market where most lenders only see a number. Interest rates, under 6% guaranteed. That's practically a unicorn in student lending. Plus, they offer structured payment plans to lower your monthly bill and even a co-center release program so your mom and dad can step off the hook. Y Refi is known for their personal service. No faceless call centers. You get a dedicated rep who actually cares about your
22:47 Caleb Hammer? progress. 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. That is 888-973-3978. Break free from the high interest trap and get your finances under control once and for all.
23:21 Speaker 03 Though Home Depot is the only one that I could think of.
23:24 Caleb Hammer? What? Okay. Whose fault would you say this is? All this debt. Whose fault?
23:31 Speaker 03 I'd say it's a mix between both of us. We both have our purchases. She was more of the small spender overall. Small things, Amazon consistently, little packages here and there.
23:44 Caleb Hammer? You think she opened up the Disney card because you'd, behind your back because you'd say no?
23:48 Speaker 03 Yeah, I probably wouldn't have said no. I probably would have wanted to budget it out better and have more cash upfront to do it.
23:56 Caleb Hammer? Okay. How can you say that though, for sure, if you're not the one budgeting or knowing anything about the finances?
24:01 Speaker 03 Well, I know what we have in debt and what cards we have.
24:04 Caleb Hammer? How much you have in debt?
24:06 Speaker 03 Total?
24:06 Caleb Hammer? Hmm?
24:07 Speaker 03 With the cars?
24:08 Caleb Hammer? Mm-hmm. Debt. How much you have in debt?
24:12 Speaker 03 Cars ninety, about a hundred and fourteen?
24:18 Caleb Hammer? Hundred and four, dude.
24:19 Speaker 03 Hundred and four?
24:20 Caleb Hammer? That's crazy. Not one of these is a mortgage. This is insane. How'd you guys even get this much? What the is going on here? This is crazy.
24:29 Speaker 03 It's the cars. And that's our big disagreement.
24:34 Caleb Hammer? Disagreement?
24:34 Speaker 03 Yeah.
24:35 Caleb Hammer? What's your disagreement?
24:36 Speaker 03 So I was always, so I understand her point of view about it, but basically we drive a lot of miles to get to work. So we work.
24:42 Caleb Hammer? Tell me the disagreement.
24:43 Speaker 03 Um, it's basically she doesn't believe in used cars. She doesn't think used cars work. Uh, it's all new. It needs to be new.
24:50 Caleb Hammer? Yeah. And you?
24:53 Speaker 03 I, used cars are fine. You can get a good used car.
24:56 Caleb Hammer? What's the disagreement specifically, though? What's the argument?
24:59 Speaker 03 That she, we had to get new cars because we drive too much.
25:02 Caleb Hammer? What's, the argument is because we drive too much, it has to be new? There's no further in-depth discussion? There's no point within there?
25:11 Speaker 03 It's, she says that we need new cars because we drive too much.
25:18 Caleb Hammer? Okay, one, he doesn't acknowledge any of the purchases that you brought up. To be very clear.
25:26 Caleb Hammer? It wasn't just EMT school, by the way. What else was it?
25:29 Speaker 04 Uh, the personal training course?
25:31 Caleb Hammer? Personal training course, but he says, he says you knew about the EMT school. You gave it the thumbs up. You were all about it before he made the big purchase.
25:39 Speaker 04 Not the full amount.
25:41 Speaker 03 It was.
25:41 Speaker 04 You told me it was half of the amount that it actually was.
25:44 Speaker 03 It was four, almost four thousand.
25:46 Speaker 04 Yeah, but you told me it was like twenty-four.
25:49 Speaker 03 Yeah, but I had to finance it.
25:50 Speaker 04 Okay, you didn't tell me that you still owed more until we got to that point. And you were the only one making, and the income at that time.
25:59 Speaker 03 Okay, I was trying to find a career so we can live.
26:03 Speaker 04 And what happened to the certification now?
26:05 Speaker 03 I didn't use it. But I had, I got a better opportunity for work and I was making more money and then being gone more, that you were already complaining about me being gone. Because you weren't working. And I was always, oh, you're always gone. You're never home. But I was studying, going to, going to work multiple hours, being out of town, doing moves. Having a, a little business on the side and making, doing moves out of, out of my expenses, making extra money, always finding ways to make sure we were good.
26:32 Speaker 04 But you didn't tell me the full truth about it.
26:34 Caleb Hammer? What kind of cope is that? Why, why do you think it's excusable? First, why do you guys whisper argue? You guys are weird. Two.
26:43 Caleb Hammer? Two, it's the same cope you're using with the Home Depot. Because there might be a good objective in there. You think it's okay to lie and hide. That still doesn't make sense. Yes, it might have been a good career path. You decided not to do it, whatever. Okay, might have been. That means you lie and go behind her back? I'm confused. How does that excuse that? Because that's what you do. Do you see that? Do you see that argument?
27:06 Speaker 03 At that time.
27:07 Caleb Hammer? Because you didn't even push back against that. Like, how? Like, the dude says because he had a good intention, it's okay for him to lie?
27:13 Speaker 04 We've argued about it a lot.
27:14 Speaker 03 It wasn't lying at the time. She, she didn't, she had no control over the finances at that time. I was the one.
27:19 Caleb Hammer? She thought it was half?
27:21 Speaker 03 I don't know how she thought it was half.
27:22 Caleb Hammer? How'd you think it was half?
27:24 Speaker 04 At that time, I wasn't really working. So I was just, I don't, I don't really remember exactly where we were at with the finances at the time. It was just him working at the time since I was three months pregnant, moved to a new city. I couldn't find a job anywhere, taking care of my toddler at home. So this was, this was four years ago.
27:44 Speaker 03 Yeah.
27:44 Speaker 04 This was four years ago.
27:45 Caleb Hammer? Yeah, but it's going into our damning dynamic of our relationship now because he just did the Home Depot thing. This is a reoccurring thing.
27:51 Speaker 04 And then he.
27:52 Caleb Hammer? I'm gonna say a pattern.
27:53 Speaker 04 And then he enrolled for the nursing program to finish the nursing program.
27:58 Caleb Hammer? Behind your back?
27:59 Speaker 04 Um, so he said he was looking into it the week prior. And then he told me he needed to pay a deposit in order for him to start the school.
28:08 Caleb Hammer? You just do things. You just do things.
28:12 Speaker 03 Someone has to.
28:14 Caleb Hammer? You're suggesting she doesn't. She doesn't do.
28:16 Speaker 03 Saying in the sense of finding a career, finding something more stable, finding.
28:19 Caleb Hammer? So she doesn't?
28:20 Speaker 03 In that sense, no, she's comfortable.
28:23 Speaker 04 Who said I'm comfortable?
28:24 Speaker 03 You're comfortable. Cause in the sense for now, right? So I'm gonna be going to school in January. And then, so I'm gonna have to be working part-time. I'm out of only one client.
28:32 Caleb Hammer? Wait, what the?
28:33 Speaker 03 Yeah.
28:34 Caleb Hammer? So you're cutting your in-
28:36 Speaker 03 And she's, she's currently in-
28:37 Caleb Hammer? Why are you moving into nursing?
28:39 Speaker 03 Because our career is hit or miss. It's, it's up and down consistently. You never have any stability.
28:45 Speaker 04 Because since they work with Medicaid, they lose their insurance. So they didn't get approved again for insurance.
28:49 Caleb Hammer? But you've gotten more- He says you're comfortable.
28:52 Speaker 04 I'm not comfortable at all. Because my income is the one that keeps on fluctuating. I've had to drop multiple, I've had to drop a client because I was pregnant. Because I couldn't because of the aggression that the client had.
29:04 Speaker 03 When you first got pregnant.
29:05 Speaker 04 So I had to drop one of my clients because of it. I did work. I worked up until the week prior to my C-section.
29:12 Speaker 03 No one's saying you have, don't have to. You, you, you could have worked until one month before. But if you would have maintained those two clients throughout the pregnancy, we wouldn't have been in the situation, right?
29:22 Speaker 04 That baby wouldn't have been alive if I was with both of the clients.
29:25 Speaker 03 Hmm, I, that's, that's what I'm saying. But-
29:29 Speaker 04 He wanted me to keep a client that would throw chairs at my back.
29:34 Speaker 03 Aggressive client.
29:34 Speaker 04 At nine weeks pregnant, you think I was gonna be able to maintain that?
29:37 Speaker 03 I understood why you dropped them, but you could have found another one.
29:40 Speaker 04 There was no other one.
29:41 Speaker 03 There's multiple agencies, there's other agencies you could apply for. There's other jobs. You could have gotten working from home. The kids were in daycare. We were paying for daycare.
29:50 Speaker 04 Making 12 an hour, making less than what we were making with-
29:53 Speaker 03 12 hour, 12 bucks more an hour than zero is more money.
29:56 Speaker 04 And who's gonna be taking the kids to school and picking them up?
29:58 Speaker 03 If you work from home, you can drop up, you can currently drop off the kids before you go to work. Before you do anything, before you go to school at the moment.
30:05 Speaker 04 If I had to do an eight to four job, I would not have been able to drop off my, all the kids by eight o'clock.
30:10 Speaker 03 We were living with your mom and she was dropping off the kids.
30:12 Speaker 04 No, she wasn't. She was picking them up.
30:14 Speaker 03 And-
30:14 Speaker 04 Because we couldn't pick them up.
30:16 Speaker 03 She could have dropped them, dropped them off too.
30:21 Speaker 04 We talked about this before.
30:23 Speaker 03 Yeah.
30:23 Caleb Hammer? Mm-hmm.
30:25 Speaker 03 In the sense now, so for example, so now, now when I start school, she's finishing school right now. She's doing medical billing and coding. When she's done with that.
30:34 Caleb Hammer? You guys are never, like, what are you, what are you switching to in a year from now? You guys are switching things endlessly.
30:38 Speaker 04 We're trying not to switch. It's, I'm gonna maintain.
30:41 Caleb Hammer? You try not to move every year.
30:43 Speaker 04 Yeah, I'm, I'm sticking with my client that I have now, but we kinda wanna get out of the line of work just because it's so inconsistent.
30:50 Caleb Hammer? Why would you not want your pregnant wife to drop a client who's throwing chairs?
30:54 Speaker 03 I'm not saying that'll warrant her to drop that client.
30:56 Caleb Hammer? What was your big argument for doing it?
30:58 Speaker 04 Well, my, my argument was because he was doing that. I couldn't, I could not.
31:02 Speaker 03 The baby's health and her health was the most important thing, so I understood that, but there's other clients. She can apply for other agencies. She could have applied for.
31:08 Speaker 04 There wasn't many clients.
31:09 Caleb Hammer? But I think she was afraid of what happened previously with another pregnancy.
31:13 Speaker 03 That's fine, so.
31:14 Caleb Hammer? Which is totally fair.
31:16 Speaker 03 That's understandable, yeah. But I'm.
31:18 Caleb Hammer? Yeah, you criticize that? I think that would be like the last thing I'd criticize, as I'm someone who wants kids. I wouldn't, I wouldn't even come close, especially with a, a history.
31:30 Speaker 04 Yeah, I did.
31:31 Caleb Hammer? Of a failed pregnancy.
31:32 Speaker 04 Yeah, I did have a miscarriage prior to that one, so.
31:35 Speaker 03 But she could have worked on anything else, worked from home.
31:39 Caleb Hammer? I think she was trying to make sure we saw the term.
31:42 Speaker 03 Mm-hmm, agreed.
31:44 Caleb Hammer? So what is her income about to be and when?
31:47 Speaker 04 So the income at that time with both clients, we're making.
31:50 Caleb Hammer? Now, now, with this, you said, oh, something's coming up, something's on the horizon, it's probably gonna happen. Fuck you, school's starting, what are you talking about?
31:57 Speaker 04 It's actually gonna be less.
31:58 Caleb Hammer? Yeah.
31:59 Speaker 04 No, no, no, it's gonna be less than the seventy-two hundred.
32:01 Caleb Hammer? Yeah, I bet if you're going to school, so what the fuck are we talking about?
32:05 Speaker 03 Well, so she's finishing school now, so she should be done.
32:08 Speaker 04 My school isn't, my school is, I'm doing it on my own time.
32:11 Caleb Hammer? She's kind of in medical, but she's not gonna jump into like a, like a sixty thousand, seventy, eighty, ninety thousand dollar job.
32:18 Speaker 03 But that job, she could work and keep one client if she wanted to.
32:21 Speaker 04 I never told you I wasn't going to.
32:23 Speaker 03 Yes, you did.
32:23 Speaker 04 No.
32:24 Speaker 03 You said, I don't wanna work in this anymore. That's what you pushed.
32:28 Caleb Hammer? Well, what's the truth?
32:30 Speaker 04 I mean, a couple of weeks ago, we talked about it and I told them I didn't want to end up continuing going in this line of work. The point of me studying to do something else is to do something else, not to continue doing this as well. On top of the fact that I want to get out of the 1099, mostly because of the issue with the taxes and everything.
32:46 Caleb Hammer? That's his responsibility.
32:48 Speaker 04 So, no.
32:48 Caleb Hammer? Putting money aside.
32:49 Speaker 04 Yeah, but that's something we've always struggled with.
32:52 Caleb Hammer? Well, thoughts on this, Logan?
32:54 Speaker 03 As so.
32:54 Caleb Hammer? Her dropping, wanting to drop.
32:57 Speaker 03 I understand wanting to drop it, but I don't think it would be the smart thing to do, at least until we get out of the debt. If she has that extra income, as long as I did it as well, I maintained, I worked multiple jobs in order to maintain ourselves, like our situation. And seeing her not wanting me to do that for me, just so I could finish school.
33:13 Caleb Hammer? What do we do? What's the solution?
33:15 Speaker 04 Well, I mean, I already knew the case was gonna have to be that I was gonna have to work full time because as soon as he goes back to school, I have to kind of.
33:24 Caleb Hammer? How are the kids taken care of?
33:25 Speaker 04 So.
33:26 Caleb Hammer? Especially the three and 10 month.
33:27 Speaker 04 Uh, the three and 10 month, they've been in daycare since I, since they were.
33:31 Caleb Hammer? How much is that?
33:32 Speaker 04 Four months. Uh, well, I got approved for the program, the government program in Florida.
33:36 Caleb Hammer? Why? You make a hundred thousand hours a year net.
33:39 Speaker 04 No, it's based on my income, so it was based on my.
33:42 Caleb Hammer? Household?
33:43 Speaker 04 No.
33:45 Caleb Hammer? Interesting.
33:46 Speaker 04 Yeah.
33:47 Caleb Hammer? Listen, I mean, yeah, childcare is way too expensive in this country, but I'm confused why the people making a hundred twenty thousand dollars a year net is the one getting subsidized?
33:57 Speaker 04 We couldn't.
33:58 Caleb Hammer? Compared to those who are actually struggling?
34:00 Speaker 04 I did not put his income in it.
34:03 Caleb Hammer? So you lied?
34:04 Speaker 04 Yes. Yes.
34:06 Caleb Hammer? Oh.
34:09 Speaker 04 Because we could not afford to do it at that time because our credit card minimum debt and our rent and everything else was
34:18 Speaker 04 super high at that time, so.
34:21 Speaker 03 Because she wanted the bigger house.
34:24 Speaker 04 The rent was only $200 more.
34:28 Speaker 03 Still totaling 2,600 bucks a month with.
34:31 Caleb Hammer? You just mumble argue?
34:33 Speaker 04 He mumbles and I tell him that all the time. He says, I'm the one that mumbles.
34:37 Caleb Hammer? You both do, honestly, but him more than anything.
34:40 Speaker 03 Yes. Um, but yeah, so we, we were living above our means.
34:45 Caleb Hammer? Yeah, no.
34:46 Speaker 03 Yeah, a bigger house.
34:47 Caleb Hammer? Hey, how much debt do you guys have? Ladies and gentlemen of financial audit, this is one of the most exciting moments in this channel's history. You know, I've been working on building all these educational tools, our budgeting app, all this crazy stuff of this past year. Cause that is where my passion is. We finally did it and now we put it all into one program called Dollar Wise Central. You get the premium version of my budgeting app. You'll get the cookbook mailed to you and signed by me. You get to learn about debt, investing, budgeting, real estate, basic beginner stuff and finance all the way to the advanced stuff. Collaborated by experts with the lowest refund rate in the industry for a reason.
35:26 Caleb Hammer? And guess what? If you are struggling or you want to learn more or you want to change your life in any way whatsoever, like literal tens of thousands of people have done with our programs, go to dollarwise.com. Click that link below. Your life will change. It'll be incredible. And I am here for you with an incredible support team that you can reach at any time. This is a no brainer. Dollarwise.com. Let's go.
35:52 Speaker 04 Um.
35:52 Caleb Hammer? He didn't guess correct. Let's see if he did.
35:54 Speaker 04 Debt with the cars? Uh.
35:56 Caleb Hammer? That is debt. I don't know. They both said the same thing. No.
35:59 Speaker 04 Yeah, I know.
36:00 Speaker 03 Cause she doesn't see the cars as debt. That's.
36:02 Caleb Hammer? How? They're debt. They're debt. It's money owed. How much?
36:07 Speaker 04 Um, I'd say about 120.
36:10 Caleb Hammer? Geez, even higher than that. It's 104. I'm glad you at least both think it's, you both know it's absolute. Hey, by the way, I will say, we're about to jump into the finances, but I want to know, he specifically said, "You refuse to get used cars and the only argument you have is because you drive a lot?"
36:25 Speaker 04 Yes.
36:25 Caleb Hammer? And that's all you have? What are the details of this argument? I would like to hear any points other than just-
36:30 Speaker 04 So, we live in, we live in, like, off of Fort Myers, we live in Lee High. So, we are about 10, 15 minutes from the highway, but everything in Lee County is, minutes are like every mile, per mile, so you're looking at 15 minutes, 15 miles. So, we drive 40 miles to work and back.
36:50 Caleb Hammer? Oh no, you commute 40 minutes, it's like, that's like a third of my employees, welcome to a city.
36:55 Speaker 04 No, it's literally the amount of miles that we are driving, not the traffic, there's no traffic.
37:00 Caleb Hammer? Very good, so by a you-
37:01 Speaker 04 We're driving 100 miles a day, 5 days a week.
37:05 Caleb Hammer? Drive a low mileage used car instead of putting yourselves in literally six figures of debt?
37:09 Speaker 03 I've tried talking to her about it all the time and she doesn't-
37:11 Speaker 04 I got a $15,000 Chevy Traverse when I-
37:13 Caleb Hammer? You got a car and didn't vet it correctly with multiple mechanics, correct?
37:17 Speaker 04 No, it didn't even last 30 days.
37:19 Caleb Hammer? Did you take it to multiple mechanics?
37:22 Speaker 04 No.
37:23 Caleb Hammer? Then you [bleep] it, that's you.
37:26 Speaker 04 How?
37:26 Caleb Hammer? You didn't take it to multiple mechanics before you purchased it!
37:29 Speaker 04 How are you supposed to take it to the mechanic before you purchased it?
37:31 Caleb Hammer? You get a slip to go take it to a mechanic! I forgot to actually, off the top of my head, because obviously we're filming this live, to us, the name of that slip specifically, but yes, you can take it to multiple mechanics, independent.
37:41 Speaker 04 I didn't know that, I was 19 or 20, so I don't really know.
37:44 Caleb Hammer? You're basing something off of 6, 7 years ago?
37:48 Speaker 03 No, but she's still-
37:49 Speaker 04 It's just more about the used car situation, just because now we drive-
37:52 Caleb Hammer? You [bleep] it.
37:54 Speaker 04 Hmm, no.
37:56 Caleb Hammer? Yes, you didn't take it to a mechanic! You [bleep] it, you didn't do your due diligence, no [bleep]. You got [bleep], what a thought!
38:04 Speaker 04 Ah, I didn't think about it like that then, I never liked used cars.
38:08 Caleb Hammer? Well, think about it now, because you guys are six figures in debt, which is insane.
38:13 Speaker 03 It's mostly cars.
38:13 Speaker 04 Yeah, I'm gonna defend that.
38:14 Caleb Hammer? Huh?
38:15 Speaker 04 I'm gonna defend that.
38:16 Caleb Hammer? You're gonna defend six figures in debt for depreciating assets?
38:19 Speaker 04 Yeah.
38:19 Speaker 03 No.
38:20 Caleb Hammer? Okay, that's usually like a part of a mortgage, like half a mortgage.
38:23 Speaker 04 Yep.
38:24 Caleb Hammer? And also get pre- yeah, it's called pre-purchase inspection.
38:27 Speaker 04 Mm-hmm. Didn't know about that.
38:31 Caleb Hammer? Well, you do now, so let's do that and get rid of these.
38:36 Speaker 04 Kinda hard to when we're negative.
38:39 Caleb Hammer? That depends how negative. We'll find out.
38:40 Speaker 04 Fifteen.
38:41 Caleb Hammer? Well, we'll find out, because fifteen what? I mean, you got two cars.
38:44 Speaker 04 Fifteen thousand, yeah.
38:45 Caleb Hammer? Yeah, but you have two cars, so I don't know.
38:46 Speaker 03 One's the least.
38:46 Caleb Hammer? Yeah, let's jump into... One's the least. Great. Wonderful. Absolutely just delicious. This is fantastic. But I'm gonna go three, two, one point, and on point, I want you guys at the exact same time to give me what you think your household financial score is. Zero to ten, zero being the absolute worst, ten being the absolute best. Tell me where you guys think you are, okay? Three, two, one.
39:09 Speaker 03 Two.
39:09 Speaker 04 One.
39:10 Caleb Hammer? Ten. Well, you're both pretty close. You think you're doing a little better. Okay, gotcha. If you want your financial score, see where you need to improve, see where you're doing really badly, take the assessment for free at CalebHammer.com. Just takes a few minutes, and again, it is free, and you can see where you need to change your life in order to improve your life. And if you don't want to be like a guest who ends up on this show, make sure you download my preferred budgeting app, Dollar Wise. Take the free trial, and if you like it, sign up for the annual version. You save a lot of money that way. But also, for only the next couple of months only, and then it's going away forever, I will sign our budget, my budget-friendly cookbook, and mail it directly to your door. So check that out. DollarWise.com. Let's jump in.
39:54 Caleb Hammer? So, money going out versus money coming in. Money coming in. First of all, what would Zellen Cash App even be?
40:03 Speaker 04 Uh, Zellen Cash App, during that time, we were selling a couple of items before we were moving.
40:07 Caleb Hammer? Okay, was selling and everything. Eight thousand five hundred sixty-seven came in total with payroll and selling things.
40:12 Speaker 04 Mm-hmm.
40:13 Caleb Hammer? Not really lining up with the numbers you guys gave me, but okay, what was the outflow? Outflow does include, you know, include everything on the outflow. Yeah. What was the outflow?
40:22 Speaker 04 Hmm, I think that month, that was about eleven or twelve thousand.
40:27 Caleb Hammer? What do you think?
40:28 Speaker 03 I'll say over ten. Eleven K.
40:32 Caleb Hammer? Hey, it was twelve thousand. That's crazy. You know it. I'm glad you know it.
40:36 Speaker 04 Mm-hmm.
40:37 Caleb Hammer? But it almost makes it worse. Why would you know this and accept it?
40:40 Speaker 04 Not that I'm accepting it. It's more that...
40:42 Caleb Hammer? You did it.
40:44 Speaker 04 Well, that had to do with the month that he bought the Home Depot. Uh, he did the Home Depot purchases.
40:49 Caleb Hammer? See, again, you're like, oh, we're saving money in rent. Let me just do this. You didn't know the fucking numbers. You didn't know what's happening. You didn't know the inflow. And look, you spent 3,000 more than came in.
41:03 Caleb Hammer? 3,500 more than came in because you wanted to go, which by the way, it doesn't make sense if you only spend 1,500. Yeah. Home Depot, there's more than just that. But even still. What are you doing, dude? You can't just do that. That was a bull scope excuse that you're trying to do. If you don't know the overall situation, you can't justify the purchase.
41:23 Speaker 03 I disagree.
41:25 Caleb Hammer? Look at the numbers. How do you disagree?
41:28 Speaker 03 Cause it's helping us in the future. It's gonna be.
41:31 Caleb Hammer? But you can probably do it maybe the next month if you guys cut from something else. If you do it without her knowing and nothing has changed on the spending front or payments front, then you're gonna overspend. What you did, 3,500. That is insane.
41:45 Speaker 04 I don't even know what the rest was for.
41:49 Caleb Hammer? I mean, it's ridiculous. I'll tell you that.
41:54 Caleb Hammer? Our spending's everywhere. It's all over the place. Okay, Disney Rewards. It's the big one we talked about.
42:00 Speaker 04 Yeah.
42:02 Caleb Hammer? So these big birthday parties that are coming up. What are we spending? How much is it costing? What are we doing? How much does it cost?
42:09 Speaker 04 So, one of the first purchases I did on that card after the tickets is I bought, uh, some decorations and stuff for the party. It was about 250. And then to reserve the lodge that we're gonna do it at. It's at a park. It's at a public park.
42:27 Caleb Hammer? I want you guys to have this and spoil the kids. I want you to. You guys make strong income, but you're fucked. And you overspent. No offense. It sucks, but if he fucks up and he goes below his money you don't have, you can't go do that.
42:38 Speaker 04 Yeah.
42:38 Caleb Hammer? All of a sudden, the math just doesn't math anymore. The math did not math.
42:41 Speaker 04 Mm-hmm.
42:42 Caleb Hammer? What the fuck? Yeah, you're preventing your kids having better birthday parties while you're spending money you guys don't have. Well done.
42:48 Speaker 03 And they have somewhere to sleep now.
42:51 Caleb Hammer? Buddy, did they not at all? Flat out. No roof over their head. Nowhere to sleep. No air mattress. Kids.
42:58 Speaker 03 They were sleeping.
42:59 Caleb Hammer? Lady, what would you say?
43:01 Speaker 04 They did have their own room.
43:02 Caleb Hammer? Exactly.
43:04 Caleb Hammer? So stop the fuck up.
43:05 Speaker 03 Yeah, and then she also had opened an Amazon card as well. Year, a few years back, but same thing. She would buy Amazon stuff every day consistently. As she has like five fricking vacuums to, to clean the carpets and.
43:21 Caleb Hammer? What are you doing? Why are you just blowing money on Amazon? You guys can barely afford to live.
43:25 Speaker 03 Especially during that time.
43:26 Speaker 04 Yeah, during that time is when we first started working as RBTs. I kind of didn't like, because it was the first time in our lives. We were making more money than we ever had.
43:35 Caleb Hammer? That means you spend more money than you even make?
43:38 Speaker 04 Yep, that's exactly what happened. Impulse buying. Every time we'd go to the store and be impulse buying. Spending more than we needed to. When we first moved in, I used the Amazon card to pretty much purchase everything for the house. So we went and he.
43:54 Caleb Hammer? Did he know when you opened this card?
43:56 Speaker 04 Uh, no.
43:57 Speaker 03 No, I did not know.
43:57 Speaker 04 He did not know until.
43:58 Caleb Hammer? Okay, this is a pattern. Both of you just go and do these things endlessly behind each other's backs and then justify. Justify, justify. What the, what is wrong with you guys in communicating? Why, why, why, why not talk?
44:14 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web. Like restoring a vintage motorcycle from a 50-page restoration block. Or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses setup required. Compatibility and availability varies 18 plus.
44:39 Speaker 04 We've gotten better at it now.
44:40 Caleb Hammer? What do you think? Okay, tell me this. What prevented you from telling her about the Home Depot? We know why you did in it. We know why you went and spent it. Why didn't you tell her? What's the exact reason?
44:51 Speaker 03 It, it wasn't like me trying to hold anything from her.
44:53 Caleb Hammer? Yeah, but you still didn't tell her why.
44:55 Speaker 03 Cause I was there working with the guy and we finished and we ran out of materials. We couldn't continue the construction and I wanted to get it done and he.
45:02 Speaker 04 That's not the reason why you didn't tell me.
45:04 Speaker 03 I'm saying that.
45:05 Caleb Hammer? What's the reason then?
45:06 Speaker 03 Cause we were done and.
45:06 Caleb Hammer? David, what's the reason?
45:07 Speaker 04 He knew I was gonna get upset because he did that. And I've been telling him every month. I've been stressed out about the credit keeping. Keeping on going up every time that we I I tell him make these payments on these cards. And then I total up the amount of credit card debt or just debt overall total that we have left over. And then every single month I just kept on going up. Going up, not going down. It wasn't making up with the payments that we were making. So it was pissing me off and I told him that, that, you know. He can't be making miscellaneous purchases just because he hadn't transferred the money into his account. Or because he wasn't aware of how much money he he could spend. He used a credit card for that.
45:45 Caleb Hammer? That sounds like an actual reason. You disagree, though?
45:48 Speaker 03 I disagree.
45:49 Caleb Hammer? What the?
45:50 Speaker 03 For for that Home Depot one, it wasn't anything like that. I had no intent of that. I didn't I didn't even think about it. I said. All right, we're done with the construction. We need more materials.
45:58 Speaker 04 But why didn't you think about? Talking to me about it first. Hey, I need to spend this amount. Because of the efficiency.
46:06 Speaker 03 I thought getting us out of a living room to sleep in the room.
46:08 Speaker 04 But you're not you're not answering the reason what I'm telling you.
46:12 Speaker 03 I did. I just said I didn't think about it. I was, we were done with doing what we were doing. We needed more materials. My dad was gonna be home. I'm saying, I'm I am, I do understand what you're asking. I'm saying that I didn't think about having to talk to you about it. It was. And we're done. Let's get to the next stuff so we can get in. I didn't think you have an issue with it.
46:29 Speaker 04 I told you. We could stay in the living room longer than we need to so we can be able to afford to pay for it out of pocket if your parents needed help.
46:37 Caleb Hammer? I feel like one thing I'm picking up is that you can never be wrong.
46:42 Speaker 03 I disagree.
46:43 Caleb Hammer? Oh.
46:44 Speaker 03 Yeah.
46:47 Caleb Hammer? Listen, because every purchase we make, you endlessly justify. And then when we call you out at all. And then she looks at it from like a different perspective, like, nope, nope, impossible. Nope, nope. Uh-uh, not, nope, nope. Can't be wrong, can't be wrong, never wrong. Okay, what was your reason for not telling her about the like forty five hundred dollar? Uh, it was the EMT.
47:11 Speaker 03 The EMT school, it was. I wanted to do EMT school.
47:15 Caleb Hammer? I know. What was the reason of not telling her? I know why you did it. I want to know why you did not tell her.
47:20 Speaker 04 Why didn't you tell me it was that full amount?
47:23 Speaker 03 I don't remember even talking to you about it. I did the school. You knew I wanted to do the school.
47:27 Speaker 04 I remember.
47:28 Caleb Hammer? Tell her. Tell me.
47:30 Speaker 04 No, I remember. I just remember the whole.
47:32 Caleb Hammer? But why didn't he tell you?
47:34 Speaker 04 I don't know. I don't know. I don't know if it was because he was the only one making income at the time and.
47:39 Caleb Hammer? And what about the thousand dollars before that?
47:41 Speaker 03 That was before he moved and that was the coaching. That was just.
47:44 Caleb Hammer? But why without telling her?
47:46 Speaker 04 It's also something we couldn't afford to do.
47:48 Speaker 03 Yes, we were in the middle of moving. Yeah, that was just dumb. It was.
47:52 Caleb Hammer? Okay, and then why did you not tell him about the Amazon card? Credit card debt doesn't have to live on a balance sheet. It compounds like stress, adding up with every late fee, every call, every limit on your choices. It can feel like the numbers are in control, not you, but there's always a way to rebalance. PDS Debt has helped hundreds of thousands reduce what they owe, pay less, and get back on steady financial ground. Whether you're struggling with credit cards, personal loans, or medical bills, PDS Debt has custom options to help you get out of debt. They go beyond the numbers to understand your unique financial situation and craft a personalized plan designed just for you. There's no minimum credit score required. They are here to help you save more, pay off your debt faster,
48:35 Caleb Hammer? and start putting money back where it belongs in your pocket. PDS Debt is A+ rated by the Better Business Bureau, boasts thousands of five-star reviews on Google, and holds a five-star rating on TrustPilot. And why? Because PDS has helped hundreds, thousands of people get out of debt. If I had needed this product, it's exactly what I'd use. Don't let debt keep compounding. You're just 30 seconds away from being debt-free. Get your free assessment and find the best option for you right now at pdsdebt.com/hammer. That is pdsdebt.com/hammer. PDSdebt.com/hammer.
49:13 Speaker 04 I told him after the fact.
49:14 Caleb Hammer? I know, I know. You guys are not answering this very well.
49:18 Speaker 04 Um.
49:19 Caleb Hammer? Cope, cope, cope. Why did you not tell him specifically? Why?
49:22 Speaker 04 Cause at that time, he was the one that was getting upset over credit card debt.
49:26 Caleb Hammer? Hmm.
49:27 Speaker 04 And I.
49:28 Caleb Hammer? You went and opened a credit card?
49:30 Speaker 04 I was the spender and because I couldn't afford at that time to pay for anything out of my pocket because I wasn't working, I used the credit card.
49:39 Speaker 03 So put it on the interest card.
49:40 Caleb Hammer? It's on that Logan?
49:42 Speaker 03 Yeah. So put it on an interest card was smarter and then I had to find a way to pay for everything.
49:47 Caleb Hammer? Why did you not tell him about the Disney card?
49:50 Speaker 04 Um, well, the Disney card? Yeah. I mean, I told him after.
49:54 Caleb Hammer? I know. Why did you not tell him before you opened?
49:58 Speaker 04 Um.
50:00 Speaker 03 Cause she wanted the credit and she wanted to do the vacation. I was opposed to the vacation at first. And, and I guess she was, I think she was scared of, of potentially me saying no or being highly upset.
50:11 Speaker 04 I tried to convince him for years for us to try to see if we could take a vacation. That's for a night away for a couple of days with the kids.
50:19 Caleb Hammer? Did you open this without telling him? What's the why?
50:23 Speaker 04 Um, because I wanted to do it. And he was gonna tell me no.
50:28 Caleb Hammer? There it is. There it is. Listen, guys, your lack of communication and not being able to even answer the whys until we finally got to that, he just didn't want me to do it. So that's why I did it without asking. Look at how you guys are operating. This is not great for the future. You know, you guys want to do something, but you know, the other person wants, would be slightly against it maybe? Then you just do it instead, but behind their back?
50:52 Speaker 03 Yeah.
50:53 Caleb Hammer? That's how the future looks. Cause that's what the past has done. Both of you do each other.
51:00 Caleb Hammer? It's not great.
51:02 Speaker 03 I say, I say she, she has a reasons behind it and I understand more now and we've gotten better at communicating.
51:08 Caleb Hammer? Dude, this Disney card just happened. Your, your stupid thing with the Home Depot just happened. I don't want to hear it. Bull, bull, bull, shut the fuck up. It's bull.
51:20 Caleb Hammer? Okay, again, I mean, this is at literally $4,368.24. That is substantial. That is disgusting, especially if we're talking about cutting back work. Both of you cutting back work? Like, what are we? This is crazy. Minimum payment's $145, while $101 of interest accrued. How long does this take to pay off if we make minimum payments only without purchasing? Let's start with you, Logan. How long?
51:43 Caleb Hammer? Minimum payments only without purchasing, which I'm sure will find an excuse to purchase again.
51:48 Speaker 03 Hmm, I'm not sure. What's the minimum payment on that?
51:52 Caleb Hammer? 145?
51:53 Speaker 03 145, like 45 years?
51:57 Caleb Hammer? No, 15, still. Yeah, and that's what you guys have decided to do, just for fun, because this is a fun card. This is bull. No communication, hide behind each other's backs, okay? And interest is accruing like crazy.
52:15 Caleb Hammer? We've had a late fee this year, I think.
52:17 Speaker 04 A late fee?
52:18 Caleb Hammer? I think.
52:20 Speaker 04 Um, I don't think that one was a late fee.
52:23 Caleb Hammer? What is it?
52:24 Speaker 04 I think it was a time that-
52:25 Caleb Hammer? 50 bucks? Oh, yeah. What we doing?
52:31 Speaker 04 No, that wasn't.
52:33 Caleb Hammer? What was it? Almost $300 of interest. What was it?
52:36 Speaker 04 Um, the 50, I think it was, um.
52:39 Caleb Hammer? Was it cash bands?
52:41 Speaker 04 No, no, nothing like that. I think it was that the account that it was connected to, my bank account, had changed routing and it wasn't-
52:48 Caleb Hammer? So it was, it was a bounce fee, it was a return fee.
52:50 Speaker 04 Yeah, it was a return.
52:52 Caleb Hammer? As well.
52:52 Speaker 04 Yeah, yeah.
52:53 Caleb Hammer? Your banking account changed your routing?
52:56 Speaker 04 Yeah, they changed the routing. They updated the routing. I don't use a base, a regular like bank for my checking.
53:02 Caleb Hammer? Why?
53:03 Speaker 04 Because we needed a business account. I liked my, my business checking account.
53:08 Speaker 03 She has Lily account or whatever, business account.
53:12 Speaker 04 It separates the expenses and stuff for work and then what's non-business expenses. So you could separate-
53:18 Caleb Hammer? You can do that regardless, okay?
53:20 Speaker 04 Hmm, I don't know any other one that's-
53:23 Caleb Hammer? I guess automatic for you, which sounds nice, but look how, gee, this is at a 27.24% interest rate of death.
53:29 Speaker 04 Yeah.
53:30 Caleb Hammer? Listen, you guys can use the Fizz card, debit card that builds credit. I'll do that. That's for people who aren't credit card people and still build credit. Also, I mean, as you're getting into this, maybe we can get you, let's get you the accounting certification as well. Since you're going into billing and all that, let's get you an accounting certification through Course Careers. Help you land that job. A lot of people in the audience have done that and they've landed a good job, so.
53:50 Speaker 04 Okay.
53:50 Caleb Hammer? Let me get that to you for free.
53:52 Speaker 03 Awesome.
53:53 Caleb Hammer? Best Buy! What's going on with this card?
53:56 Speaker 03 Uh, Best Buy is our zero interest card and, uh...
54:01 Caleb Hammer? Uh, I have interest being charged.
54:03 Speaker 04 What?
54:04 Caleb Hammer? Okay.
54:05 Speaker 03 Yeah. And, uh...
54:07 Caleb Hammer? Yeah!
54:08 Speaker 03 Yeah, so we purchased new phones. Well, not used, they were used phones. Uh, her phone completely died on her and mine was all cracked up. And to get the screen replacement is gonna be like, almost 400 bucks.
54:19 Caleb Hammer? Okay, so no insurance, okay, gotcha.
54:21 Speaker 03 Yeah, so then...
54:22 Speaker 04 Yeah, our phones were paid off for a couple of years already, so we ended up...
54:25 Caleb Hammer? This is great, but what the fuck kind of funds did you get? I mean, we have a balance of 2,536,035 cents, I mean, that's...
54:31 Speaker 04 No, that's a mix of other purchases.
54:33 Caleb Hammer? Okay, so there's more than just phones on here?
54:35 Speaker 04 Yes, it was.
54:36 Speaker 03 Phone?
54:37 Speaker 04 We have a balance still from the TV that we got when we first opened up that card. The TV that we got. It was a Sony TV.
54:43 Caleb Hammer? You got a gym mat here too at Best Buy.
54:46 Speaker 03 Gym mat with, uh, I had purchased a treadmill, but I didn't, we ended up canceling it and she found a cheaper one on, uh, Amazon.
54:53 Caleb Hammer? Uh-huh. Seventeen years to pay this one off. Seventeen years to pay this one off.
55:01 Speaker 03 Yeah, if you pay...
55:01 Speaker 04 You know, we're, we're on top of paying off before the interest accrues.
55:05 Caleb Hammer? Yeah, sure, that's why we literally only made the minimum to payment and interest accrue. Shut the fuck up. What are you talking about? No, I have your statements in front of me, I have the numbers, I don't want to hear it.
55:13 Speaker 04 That was the month that we...
55:14 Caleb Hammer? That's some bull cope, I don't want to hear it. I don't want to hear it. Also, you must pay, uh, uh, okay, so in about two weeks, one of the deferred interest things hits. In a couple of months, one hits, and then a few months, another one hits. And then, and then about a full year or so, year and a half, uh, is another balance, and that's 1,665.
55:38 Speaker 03 Yeah.
55:38 Caleb Hammer? For that deferred interest to hit. Uh, I mean, you're having interest charging, because you are still just getting, we have regular purchase, it's only, your balance is like 3597, but it is accruing interest.
55:48 Speaker 04 Uh-huh.
55:50 Speaker 03 We already paid.
55:51 Speaker 04 I wasn't even aware of that.
55:52 Caleb Hammer? Well, it's there. I thought you're the one that looked.
55:55 Speaker 04 I do, but I didn't.
55:56 Caleb Hammer? What the f**k? You'd see interest of Korean. I literally, I, I found it in like a half a second.
56:00 Speaker 04 Yeah, we were on top of always trying to pay it off.
56:03 Caleb Hammer? You are not. You keep saying that. Keep saying that to feel good, but you're literally not.
56:11 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome? That's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a 50-page restoration block, or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies. 18+.
56:37 Caleb Hammer? Uh, what is this? I have a.
56:39 Speaker 04 It's K.
56:40 Caleb Hammer? Hey, jewelers. Tell me.
56:44 Speaker 03 Her wedding band and that stuff I bought it for there.
56:47 Caleb Hammer? They went to K?
56:49 Speaker 03 Mm-hmm.
56:49 Speaker 04 We've always, he got my first engagement ring there. Okay.
56:53 Caleb Hammer? First?
56:54 Speaker 03 Yeah, so.
56:54 Speaker 04 Yes.
56:55 Speaker 03 First engagement ring, when we went to get the wedding band, that wing.
56:57 Caleb Hammer? First engagement? How many engagements did you guys go through?
57:00 Speaker 03 Just, just.
57:01 Speaker 04 No, just one. It was just one ring. The ring that we went to get the wo- the wedding band for it. They, the one that I had had a lot of curves and they had discontinued the line two years later.
57:12 Speaker 03 Yeah, so then we had to replace that one to get the new ring with the wedding band.
57:17 Caleb Hammer? Uh, honestly, no, I don't give a. $53 minimum monthly payment, $52. We have a balance of $1,466.09. Fees! $48.67! A debit of $130.12. What's happening?
57:33 Speaker 04 Yeah, that one was a, a f**ked up month.
57:36 Speaker 03 Yeah, same thing.
57:37 Caleb Hammer? Oh, yeah, just an odd f**ked up month that certainly never happens. It didn't happen on the other card earlier in the year.
57:43 Speaker 04 No, that was with K itself.
57:45 Caleb Hammer? What's f**ked up from K?
57:47 Speaker 04 So, that is, we had always had, um, purchases and stuff from them before and we've never missed a payment. And that month.
57:54 Caleb Hammer? Oh, you do.
57:54 Speaker 04 That month, we did not miss the payment. They ended up charging an account, an old account that we. Had on there.
58:00 Caleb Hammer? What? Why is everything outside of your own hands? That doesn't make sense. They wouldn't just pick a random account.
58:04 Speaker 04 Well, we don't know.
58:05 Caleb Hammer? No, they're just not like, hmm, what account do I pick from today to charge? That's not how this works.
58:10 Speaker 04 But that's the thing. We've only ever had one account on there for the last year.
58:13 Caleb Hammer? Well, then they definitely didn't pick another account.
58:16 Speaker 04 Back and we don't understand why.
58:18 Caleb Hammer? Cause you didn't have enough in there.
58:19 Speaker 04 We made the payments the day that we got paid. So how do we not have it in there?
58:23 Caleb Hammer? Your payment, your pay, your pay may have not hit.
58:26 Speaker 04 Uh, we make the pay. No, the pay hits at eight o'clock in the morning. I make all the payments at five o'clock.
58:31 Caleb Hammer? As much as you like, that did not happen. It did not work like that. It bounced. It bounced because you did not have the money. Are you saying between paychecks, we literally go down to like five dollars?
58:41 Speaker 03 Yeah.
58:42 Caleb Hammer? That's, you guys make way too strong of an income. What are we doing?
58:46 Speaker 03 We're, she, so she, I've been telling her to.
58:48 Caleb Hammer? It wasn't just the engagement ring. You brought watches for the entire family?
58:52 Speaker 03 No. Yeah. Well, I bought, I bought myself a watch, uh, for, it was like Christmas time and I had gotten my dad a birthday gift as well.
59:00 Speaker 04 His dad's birthday is the day before Christmas Eve.
59:03 Speaker 03 Yeah.
59:05 Caleb Hammer? Why are we buying watches for people when you can't afford to survive and you're not even making minimum payments on time? And a matching necklace, I guess. Yeah.
59:14 Speaker 03 For her ring.
59:14 Caleb Hammer? Uh huh. Great. Yeah. Well, why do we think we're allowed to do that?
59:21 Speaker 03 I, I was inside, never really buy anything. And when I do buy.
59:24 Caleb Hammer? Oh, you. What are we doing? Never buy anything. You guys have spent, you spent, what are you talking about? Thirty-five hundred over what you make? Never buy anything. What are you talking about? Does he ever buy anything?
59:35 Speaker 03 No.
59:35 Caleb Hammer? Hey, does he ever buy anything?
59:37 Speaker 04 Not really.
59:38 Caleb Hammer? What? How possibly?
59:40 Speaker 04 We, we've given up a lot of things since having the kids. We haven't.
59:44 Caleb Hammer? Doesn't make sense. I feel like you guys don't understand. Maybe you don't do the endless micro purchases that like, uh, you know, death of a thousand cuts. You do massive purchases. A few.
59:56 Speaker 03 Yeah. And that was.
59:57 Caleb Hammer? They're still buying things.
1:00:00 Speaker 03 Hundred percent. But it was like, it was once a year kind of thing. And yeah, it's dumb, but we went and we, I wanted it. I wanted a three hundred dollar watch. It was.
1:00:09 Caleb Hammer? I wanted a three hundred dollar watch. That's more important than the family.
1:00:13 Speaker 03 I, I had, so the way I kind of saw it, I was like.
1:00:15 Caleb Hammer? Yeah, let's hear this cope.
1:00:17 Speaker 03 I got her a ring. I had purchased her a ring with the wedding band. I got her the necklace and everything else. And I was like, if I can buy all that to get her what she needed, what she wanted. I can't get myself a $300 watch, you know, I know it's a cope, but as someone that works 50 plus hours a week, I thought, you know, it's a
1:00:36 Caleb Hammer? Why do you have to work 50 hours a week? Because you have horrible debt minimum payments to pay on. So really you're just working in order to work more. That's what you're doing when you go spend all the bullshit.
1:00:49 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a 50-page restoration block, or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies 18 plus.
1:01:16 Caleb Hammer? Like what the
1:01:19 Speaker 03 Yeah, we
1:01:19 Speaker 04 Yeah, we kind of splurged.
1:01:21 Speaker 03 Yeah, we splurged at that time of the year.
1:01:24 Caleb Hammer? Yeah, return payments.
1:01:26 Speaker 04 Yeah.
1:01:27 Caleb Hammer? Turn check. Stupid. What are we doing? It happened twice and the fee?
1:01:32 Speaker 04 Yeah, they charged a fee of the interest after because supposedly they were charging a fee on top every single month, which I was not aware of. I don't have access to that account. He does. So I wasn't aware.
1:01:43 Caleb Hammer? Got the baby's matching bracelets too.
1:01:45 Speaker 04 Uh, we got
1:01:46 Caleb Hammer? What are we doing? Dude, you just, I never spend money. On one card. Look at all the stupid things we're talking about that you've done. Also, fuck you. What the, what? Hold on. Okay, this is not the first time this year.
1:02:01 Speaker 04 No, that was all last year. That was all this
1:02:02 Caleb Hammer? No, no, no! The fees was not one time this year. There's $48 fee this last month. Fuck you. It's been $276 this year.
1:02:09 Speaker 04 What?
1:02:10 Speaker 03 That's the
1:02:10 Caleb Hammer? Oh my, guys, you have no idea what is going on. You're the one that's in here, you say.
1:02:16 Speaker 04 Yes, but I don't have access to that account. He does. He's the one that has access to that account.
1:02:20 Caleb Hammer? Why don't you request if we're budgeting and we're trying to figure out our situation?
1:02:24 Speaker 04 He doesn't remember the passwords or he doesn't give it
1:02:26 Caleb Hammer? How'd you get this then? Cause you got it to us.
1:02:28 Speaker 04 Uh, he sent it to me. He screenshotted it to me and
1:02:31 Caleb Hammer? So he's able to get in. So that means you can sit down and look with him on a monthly basis. What the fuck is wrong with you guys? Almost $300 in fees, bounce check fees this year? On one card, yes. What?
1:02:43 Speaker 03 It's not from bounce check. It says, it says it on there. It's like, they charge a $15 monthly thing. I think it's for the insurance for something for the, the rings and all that.
1:02:54 Speaker 04 Yeah, I was gonna say, there's no way that's a fee.
1:02:56 Caleb Hammer? But at the time of this month, well, this was the seventh month, okay, seven times fifteen. Guys, that gets us to a hundred five dollars. Again, you had almost three hundred dollars of fees. Fuck you, that is not mathing.
1:03:07 Speaker 04 Yeah, that doesn't make any sense. I have no idea.
1:03:12 Caleb Hammer? So because you're not willing to-
1:03:14 Speaker 04 I think there might have been one-
1:03:15 Caleb Hammer? You're fucking over your entire family?
1:03:17 Speaker 04 No, I think there might have been a late payment on there one time.
1:03:19 Caleb Hammer? Why?
1:03:20 Speaker 04 Yeah.
1:03:21 Caleb Hammer? Huh? Why? No, why would be the answer that you should ask to the question I just asked?
1:03:27 Speaker 04 Uh, trying to pay for everything, but I was the one budgeting, I was budgeting everything.
1:03:33 Caleb Hammer? I saw that in the overall breakdown. Fuck you, what?
1:03:36 Speaker 04 I was budgeting everything, but I made the payment after like eight o'clock at night that day, and they see it as late.
1:03:43 Caleb Hammer? What hour we're making payments, you guys are-
1:03:48 Caleb Hammer? What? You have no idea. One late fee and one bounced check fee would, again, not bring us to three hundred from the one hundred. This, we're talking at least, um, uh, maybe two good months on time.
1:03:59 Speaker 03 No.
1:04:00 Caleb Hammer? Yes! To make this math work, you f- what do you mean? What are you knowing? Go ahead, what evidence may you suggest?
1:04:07 Speaker 03 We'll have to look through the statements and see what's, what those charges are, but it's not missed payments consistently. We make payments on time.
1:04:13 Caleb Hammer? Three hundred dollars. Missed payment is typically a fee of about thirty bucks. You had a hundred dollars to monthly maintenance insurance fee or whatever.
1:04:20 Speaker 04 Uh huh.
1:04:21 Caleb Hammer? Please explain where the other two hundred came from, you tit.
1:04:25 Speaker 04 I would not be able to know, since I do not have access.
1:04:28 Caleb Hammer? And why not give her access?
1:04:30 Speaker 03 I can give it to her.
1:04:31 Caleb Hammer? Huh?
1:04:31 Speaker 03 I can give it to her.
1:04:32 Caleb Hammer? Sure you can, why haven't you, you tit?
1:04:34 Speaker 03 That account to log in, you'd ask for a code every single time, I'm sure.
1:04:36 Caleb Hammer? Good.
1:04:37 Speaker 04 But you have to pay for everything.
1:04:40 Speaker 03 I can give it to you, it's not an issue.
1:04:41 Speaker 04 Okay.
1:04:42 Caleb Hammer? Then why haven't you?
1:04:44 Speaker 03 I've-
1:04:44 Caleb Hammer? She asked for it. Oh, I can, I can, I can, that's not a fucking answer, you haven't.
1:04:50 Speaker 03 Well, I'll have to send it to her.
1:04:51 Caleb Hammer? Yes, you'll have to. I'm asking why you haven't!
1:04:54 Speaker 03 I don't know why I haven't.
1:04:56 Caleb Hammer? Bullshit, why hasn't he?
1:04:58 Speaker 04 I don't know.
1:04:58 Speaker 03 I haven't-
1:04:59 Caleb Hammer? What the fucking bullshit is this? You can't accept doing something bad or wrong in your life once. You have no ability for self-reflection.
1:05:09 Speaker 03 I'm working on it. That's why we're here, right?
1:05:12 Caleb Hammer? Ding ding ding. Fuck the head up. Well done. Yeah, it's a good way to get out of some pushback, isn't it? I'm working on it. Are you? Fucking, I don't see it. If you're working on it, I'm seeing any kind of indication that you're working on it.
1:05:27 Caleb Hammer? Fuck off. What a cope to get out of some pushback.
1:05:35 Speaker 03 I agree. I see.
1:05:38 Caleb Hammer? What's happening over there right now?
1:05:40 Speaker 04 Ah, he's shutting down.
1:05:41 Caleb Hammer? I know. Why is he such a little pussy ass?
1:05:44 Speaker 04 Ah, usually when he's told by someone else besides me that he's wrong.
1:05:51 Caleb Hammer? Does he listen to you? He's not even giving you access to the account that you've requested access to multiple times?
1:05:55 Speaker 04 I repeat myself a lot.
1:05:56 Caleb Hammer? Uh huh, so I don't think he even listens to you either.
1:05:59 Speaker 04 Yeah.
1:06:02 Speaker 04 Sometimes.
1:06:03 Caleb Hammer? What's going on? Why is he being a little cuck right now?
1:06:07 Speaker 04 I think he's just nervous.
1:06:09 Speaker 03 Just nervous.
1:06:10 Caleb Hammer? Hmm, why is he so nervous?
1:06:13 Speaker 03 Hmm, nothing.
1:06:14 Caleb Hammer? You're being called on your bull. You can't actually make a valid excuse this time? Not that you have.
1:06:18 Speaker 03 No, I, I know where we're wrong and where we're working on and...
1:06:23 Caleb Hammer? Where? You're not giving her access. Where?
1:06:26 Speaker 03 Yes, I, I can give it to her. It's not an issue.
1:06:29 Caleb Hammer? I know you can. You could have. It's the fact that you didn't after she's been requesting.
1:06:35 Speaker 04 So you will give it to me, right?
1:06:37 Speaker 03 I will give it to you.
1:06:38 Caleb Hammer? Okay.
1:06:43 Caleb Hammer? What?
1:06:44 Speaker 04 No, the fees, I just...
1:06:46 Caleb Hammer? Yeah, it's...
1:06:47 Speaker 04 Yeah.
1:06:49 Caleb Hammer? Not letting her see shit? What are we doing?
1:06:53 Speaker 04 That one's Home Depot. For some reason I wouldn't let me...
1:06:56 Caleb Hammer? It says the Home Depot.
1:06:57 Speaker 04 Yeah.
1:06:58 Caleb Hammer? Great.
1:07:04 Caleb Hammer? $1,426.46, what's the minimum payment?
1:07:08 Speaker 04 It's thirty.
1:07:09 Caleb Hammer? When does the, is it deferred interest or just interest free?
1:07:12 Speaker 04 Uh, no, deferred. It was, um...
1:07:15 Caleb Hammer? And when does the deferred end?
1:07:16 Speaker 04 The deferred ends in February.
1:07:18 Caleb Hammer? Oh!
1:07:19 Speaker 04 Yeah.
1:07:20 Caleb Hammer? Oh! When'd you tell her about this?
1:07:24 Speaker 04 The day of.
1:07:25 Speaker 03 Yeah, day of.
1:07:26 Caleb Hammer? And what was your reaction? What happened?
1:07:29 Speaker 04 I was pissed.
1:07:30 Caleb Hammer? Yeah? Tell me, how'd it go down? Tell me.
1:07:33 Speaker 04 I mean, I was already stressed out being with the kids by myself, not knowing why he left the house, and...
1:07:38 Caleb Hammer? He left?
1:07:38 Speaker 04 No, he didn't tell me that he was leaving, because I was too busy with the kids.
1:07:43 Caleb Hammer? Well, at least he wasn't busting flaps, busting plywood.
1:07:47 Speaker 03 Exactly.
1:07:48 Speaker 04 Well, thank God for that, but, um, yeah, no, I was mad, but, you know, I told him we should have waited until we had the money. At least the next month, we could have separated the money together to pay for those items, but...
1:08:01 Caleb Hammer? And he probably said, "Oh, we need it, they need to sleep."
1:08:03 Speaker 04 He was with his mom, so his mom kind of convinces him to do some things sometimes.
1:08:09 Caleb Hammer? Little beta boy?
1:08:09 Speaker 04 She's an impulse buyer. No, she's an impulse buyer.
1:08:13 Caleb Hammer? Great, I'm glad she is. This is your dad, I don't give a about her. Little beta boy?
1:08:17 Speaker 03 No, my father was already spent a bunch of money to make this place for us, the efficiency and all that, so...
1:08:22 Caleb Hammer? What? Is this your parents' place?
1:08:24 Speaker 03 Yeah, it's an efficiency, yeah, in their own...
1:08:26 Speaker 04 An efficiency in their house.
1:08:27 Speaker 03 Yeah, their garage.
1:08:27 Speaker 04 We were enclosing the garage, yeah.
1:08:29 Caleb Hammer? Oh, fuck. Okay, I picked that up at the beginning.
1:09:06 Caleb Hammer? Okay, I mean, you're still not getting any kind of equity position in this. Why are you spending money? It's so weird.
1:09:11 Speaker 03 Uh, so I wanted to, I wanted to get it done and the way I see it is I'm helping my parents as well.
1:09:17 Caleb Hammer? Yeah, but you can't even help your own family.
1:09:19 Speaker 04 Saving on rent, so instead of paying the twenty-two hundred dollars a month we were paying in rent, we're gonna be paying seven hundred. So, you know, it's saving money at the end of the day, but I didn't like the fact that he used a card instead of us trying to work it out the two weeks later when we got paid to work it out from our paycheck.
1:09:37 Caleb Hammer? You guys fall back on them often? Parents from either side?
1:09:41 Speaker 03 No.
1:09:42 Caleb Hammer? We get strapped on cash?
1:09:43 Speaker 04 No.
1:09:44 Speaker 03 No, this was more, we were talking, my mom, like I said, my mom works in this field and so she.
1:09:48 Caleb Hammer? Why am I being told they've relied on your parents for like every fallback housing option? Every time they needed money, they crashed your mom and dad's.
1:09:54 Speaker 04 Mostly, yes.
1:09:55 Caleb Hammer? So what the, why'd you just say no?
1:09:57 Speaker 03 When we, when we moved.
1:09:58 Caleb Hammer? That's where I can't get answers from people in this conversation. If it wasn't for the producers, I would just believe people.
1:10:03 Speaker 03 So, so this time we moved because this, my mom works in this field and she saw what's happening and saw.
1:10:08 Speaker 04 So because he's going into nursing, starting in January, and his income was gonna be cut in half, and I don't have a morning client, we weren't gonna be able to afford rent and the new car payments and everything else that we had to make. Um, you know, everything else we had to pay for, so we had to cut back on rent. And his parents offered for us to stay with him until.
1:10:30 Speaker 03 Yeah.
1:10:31 Speaker 04 He finishes his program.
1:10:33 Speaker 03 They help us and we help them in a sense, because the room gets done, they'll have something to rent out after we move out, so they can.
1:10:40 Caleb Hammer? Okay, yeah, sure, great, yeah, let's invest in them when we can't afford to survive. Instead of investing in our own family, that's smart. Three hundred fifty-six dollars and sixty-two cents is needed on a minimum monthly basis in order to pay this off.
1:10:52 Speaker 03 Okay, understandable, but the, the thing is, so it makes more sense to go pay rent somewhere else, pay triple the amount.
1:10:58 Caleb Hammer? I'm not saying that, I didn't say you could move in, but you're paying for, for help in renovations.
1:11:02 Speaker 03 Yeah, and we'll have it paid off.
1:11:05 Caleb Hammer? How? You overspent last month.
1:11:07 Speaker 03 Okay, and now we have less expenses.
1:11:11 Caleb Hammer? But the amount you overspent was more than the rent you saved by far.
1:11:16 Speaker 03 Okay, and then this month, we have, we don't, we won't have those payments to make. And we don't have to buy more materials. It's already done.
1:11:22 Caleb Hammer? Uh huh. I don't think he understands. I think he just has to be right. Hi, listen here, financial audit. I've curated the exact resources and tools I personally use or would use if I was in certain situations. So take advantage of these offers in the resources section in the description below. The first one, I've moved my investments to Weebly. Do the same and transfer to my investing app of choice and you get cash bonuses of $200 all the way up to $30,000 depending on initial funding amounts and up to 8.1% APY on your money and up to 3.5 matches for your IRA. And then number two, a great new checking
1:12:04 Caleb Hammer? account that I've switched over from SoFi and it's called Chime. Get that $550 bonus when you sign up with direct deposit and get almost 4% on your money just sitting there. And then three, automate your investing with Acorns. Usually sign up incentives are only five bucks, but you get $20 with my link. Number four, you can increase your income and boost your resume with a course career certification. Five, if T-Mobile is good in your area, switch to Helium and get a literal $0 a month phone plan for the same exact service. But most importantly, go get your free Hammer financial score and see where you stand in the world of finances. Take the assessment at CalebHammer.com. You will not regret any of these. Change your life today.
1:12:48 Speaker 04 Hmm, some arguments go like that with him.
1:12:52 Caleb Hammer? Yeah, shocker. Who'd have thought? You're not a very productive conversational person, are you?
1:12:58 Speaker 04 He's gotten better.
1:12:59 Caleb Hammer? I see. That's what I feel like I keep hearing in this conversation is things have gotten better. And then every indication is, uh, no, they have not. When I actually look at evidence.
1:13:08 Speaker 04 No, I've actually told him that, uh, he should, after we leave here, he has to start giving me his credit cards.
1:13:16 Caleb Hammer? And? He said okie?
1:13:19 Speaker 03 Yes.
1:13:19 Caleb Hammer? Okie dokie?
1:13:20 Speaker 04 Yes.
1:13:21 Caleb Hammer? Good. Has anyone ever cheated on each other here?
1:13:24 Speaker 04 No.
1:13:25 Speaker 03 No.
1:13:25 Speaker 04 We've never cheated on each other.
1:13:26 Caleb Hammer? Yeah, that's good.
1:13:27 Speaker 04 No.
1:13:28 Caleb Hammer? The fact that you go behind each other's backs constantly, it's such an interesting.
1:13:32 Speaker 04 Yeah.
1:13:33 Caleb Hammer? Very interesting.
1:13:37 Caleb Hammer? Capital one, well, what's the deferred interest that's actually, what's the interest rate that is accruing? In the backend on the Home Depot?
1:13:43 Speaker 04 Um.
1:13:46 Speaker 04 I think that one said it, did it be 27%?
1:13:49 Caleb Hammer? Fuck me. Okay. Quicksilver, what's going on with this?
1:13:52 Speaker 04 That one is mine, I believe.
1:13:54 Caleb Hammer? Doing what? What's going on?
1:13:57 Speaker 04 Crap.
1:13:58 Caleb Hammer? Really?
1:13:59 Speaker 04 I don't remember.
1:14:01 Caleb Hammer? A thousand twenty-six dollars and fifty-three cents is owed with a minimum payment of thirty-six dollars. You're purchasing eighty-four dollars and fifty-one cents while twenty-six thousand fifty-five cents of interest accruing. Why is we, why are we purchasing our credit card that we can't fully pay off the accruing interest? Why possibly? Hey, you're the one managing finances. Why the possibly?
1:14:20 Speaker 04 Yeah.
1:14:20 Caleb Hammer? Seven years to pay off, by the way.
1:14:22 Speaker 04 Think I used that card, um, to cover our daughter's formula because she goes-
1:14:27 Caleb Hammer? Oh, my goodness. Are we fucking kidding me right now? We're using a credit card to pay for formula when you're saying, oh, we can pay off the Home Depot before the accrued interest hits? Shut the fuck up!
1:14:38 Speaker 03 Not a thousand dollars.
1:14:39 Caleb Hammer? You have no idea what you're talking about, dude. You don't know the numbers. She had to use a fucking credit card to pay for baby formula while you're going out and renovating someone else's house. Well done!
1:14:51 Speaker 03 I think that's-
1:14:51 Caleb Hammer? What a joke!
1:14:53 Speaker 03 It's not a thousand two hundred dollars of, uh, formula there.
1:14:58 Caleb Hammer? Exactly. That's what I'm saying. She had to use the credit card for literally just like thirty bucks. That's even worse, you-
1:15:07 Caleb Hammer? You- That's even worse. If it was a thousand dollars, yeah, maybe she would have to use a credit card. She only had to use it for thirty! Because you're out blowing money on someone else's property, you fuck! What a cope! You're the master coper!
1:15:22 Caleb Hammer? What the fuck is that? Why'd you feel like you had to spend this on a credit card, huh?
1:15:25 Speaker 04 I didn't have any more in the budget. I've been trying to budget it in with the groceries and-
1:15:30 Caleb Hammer? What is wrong with you? You creature? You hear that? She has to go spend a credit card on baby formula.
1:15:36 Speaker 03 So this is another point that we disagree on. I've told her for a while.
1:15:40 Caleb Hammer? Yes, we disagree that the kids should eat.
1:15:42 Speaker 03 No, not that. I'm saying, I'm pushing back, I'm trying to explain. So basically, I've been telling her, hey, instead of paying off, putting all our money, because we're paying a bunch towards credit cards every month.
1:15:53 Caleb Hammer? No, by the way, no, but okay, sure, go ahead.
1:15:56 Speaker 03 Let's pay the minimums, we'll save money, create a small little emergency fund, and then tackle the debt. And that way, when that happens, when we, let's say something comes up, we go over budget, we have some money for those things.
1:16:08 Caleb Hammer? You guys aren't putting a lot on the credit cards anyway, and the credit cards are accruing fees and interest and bull, it's not even making differences. What are we talking about? Second of all, dude, she had to put $30 of formula on here because you're going into the-
1:16:18 Speaker 04 55.
1:16:18 Caleb Hammer? $55?
1:16:19 Speaker 04 Formula's $55.
1:16:20 Caleb Hammer? $55 of formula because you wanted to go renovate someone else's house.
1:16:26 Speaker 03 That's-
1:16:26 Caleb Hammer? Yes, yes. That took money away. Now you guys have to make a required $356 minimum monthly payment from your checking account to the Home Depot card so that it does not have back accrued interest hit in February. Meaning, when she has to go get $55 baby formula, that money no longer exists because of your Home Depot ass motherfucking dumb decisions.
1:16:49 Speaker 03 True.
1:16:50 Caleb Hammer? Wow. Oh my goodness. A breakthrough. An absolute breakthrough.
1:17:01 Caleb Hammer? What a joke. 36 minimum monthly payment on here, balance $1,026.53.
1:17:09 Caleb Hammer? Apple bill, apple bill, apple bill, and animal registry. This wasn't baby formula?
1:17:13 Speaker 04 Oh, the animal registry they returned back.
1:17:16 Caleb Hammer? This wasn't baby formula?
1:17:17 Speaker 04 I thought it was-
1:17:18 Caleb Hammer? Apple bill, apple bill, apple bill. This wasn't even baby formula. What are you talking about? What are you getting?
1:17:25 Speaker 04 I know one of them is the crunchy roll. One of them is-
1:17:28 Caleb Hammer? You crunchy roll? Why do you think you're allowed to have crunchy roll right now?
1:17:31 Speaker 04 It's the only thing we like to watch.
1:17:32 Caleb Hammer? I don't give a f***. YouTube's free. I don't care.
1:17:35 Speaker 04 Not the same.
1:17:36 Caleb Hammer? It's not crunchy roll. You're right. It's YouTube, but it is free. That's the biggest thing that makes it not the same.
1:17:44 Speaker 04 Yeah.
1:17:45 Caleb Hammer? Uh, you can't afford to live. I don't give a f***. Open your phone right now.
1:17:52 Caleb Hammer? Crunchyroll.
1:17:54 Speaker 00 This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a 50-page restoration block, or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies 18 plus.
1:18:19 Caleb Hammer? iCloud Plus, Kiki World Premium, and Olive Holistic Food Scanner. And we've had a lot of subscriptions that we've canceled recently, including Hair AI that just expired. Pokepockpock.
1:18:35 Caleb Hammer? Sweepy Home Cleaning Service. Oh, fuck you.
1:18:39 Speaker 04 No, we weren't paying.
1:18:40 Caleb Hammer? Desire Creator Space?
1:18:41 Speaker 04 Sweepy wasn't a home cleaning service. It's an app for tasks around the house.
1:18:45 Speaker 03 You were paying for that?
1:18:46 Speaker 04 I paid $7 for...
1:18:48 Caleb Hammer? You paid for a lot.
1:18:49 Speaker 04 Anything else. That Pockpock and Cakey is for my kids.
1:18:52 Caleb Hammer? Great. They are gonna grow up in literally the grandparents' house because their parents can afford to take care of them. So let's get them apps. Delivered this month, a nice eight drawer dresser, 55 inch. Fuck you guys. What are we doing on Amazon?
1:19:09 Speaker 04 We needed a new dresser.
1:19:10 Caleb Hammer? Breast pump, I'm good with that. Squeeze the tits, we gotta do it. Babies gotta eat. I'm vibing. Fuck the dresser. The dresser. Get some racks and some clothes hangers. You're trying to just, we're scrapping right now. We're scrapping. If you can't afford to live, we're scrapping. Like, we're not investing in furniture into this place that we're not gonna be in long-term, probably. Baby sun hat, that's fine. Liquid hand soap refill. Yeah, hand soap refill is a good way to do it. Body measuring tape. Okay, listen, you were pregnant, so you were fat. Get over it.
1:19:37 Speaker 04 No, that was recent. That was recent. I was doing a nutrition program to lose the rest of the baby weight.
1:19:45 Caleb Hammer? Is it healthy to be tracking the circumference?
1:19:47 Speaker 04 I had to measure for my trainer to measure my arms and everything.
1:19:52 Caleb Hammer? Huh? Your trainer can't measure you?
1:19:54 Speaker 04 It wasn't in person, it's online.
1:19:56 Caleb Hammer? Hey, ay, ay.
1:19:56 Speaker 04 Yeah. I tried to find the cheapest one. When we moved, I couldn't find the one I had.
1:20:02 Caleb Hammer? Dish drying rack.
1:20:05 Caleb Hammer? Vitamins. Hairbrush.
1:20:08 Caleb Hammer? Hair mask, hair dryer.
1:20:11 Speaker 04 Yeah, that was stuff from my hair.
1:20:13 Caleb Hammer? But, okay.
1:20:13 Speaker 04 No, I have never. I haven't bought my own hair dryer before. And I have very curly hair, so.
1:20:20 Caleb Hammer? What were you doing before? Well, the dresser's the bull-
1:20:25 Speaker 04 Yeah, well, we needed the dresser. The dresser that we had, we've had for the last seven years.
1:20:29 Caleb Hammer? Yeah, but why invest in furniture in this place? It doesn't make sense. Get a fucking rack and get hangers.
1:20:34 Speaker 04 Because this one's we're gonna keep. We've never-
1:20:36 Caleb Hammer? We don't know. You don't know what your living situation is gonna look like after this. You do not know that. You do not know that.
1:20:42 Speaker 04 I don't plan on changing anything.
1:20:43 Caleb Hammer? You do not know that. You don't know what the layout of the next place is gonna be like. That's impossible to say. You might want to keep it, but you don't know.
1:20:52 Speaker 04 Well, I like it. We had to change-
1:20:55 Caleb Hammer? And you're out there paying for Pokemon Go raid passes and Poké Balls?
1:20:59 Speaker 03 Yeah, that was, uh... So I was-
1:21:03 Caleb Hammer? That you recently got back into?
1:21:05 Speaker 03 Yeah.
1:21:06 Caleb Hammer? Apparently? Great. That's what we need to live.
1:21:09 Speaker 04 When we went back to Disney to entertain our kids in the lines.
1:21:12 Speaker 03 I downloaded it, and then I got hooked again and played a little bit. And I used to play, just, I used to do it, so in the mornings when I would wait for my client, I'd go walk and get steps and I would play, and it was dumb. Yeah.
1:21:25 Caleb Hammer? And you're getting back into it?
1:21:26 Speaker 03 No, I stopped already.
1:21:27 Caleb Hammer? What?
1:21:28 Speaker 03 Yeah.
1:21:29 Speaker 04 I bleeped him out about it a couple of times until he stopped. Yeah.
1:21:32 Speaker 03 Yeah.
1:21:34 Speaker 04 I told him, "You better lock that card right now, so you don't get charged anything."
1:21:36 Caleb Hammer? By the way, Quicksilver late fee this year. Hundred percent a late fee.
1:21:39 Speaker 04 Right.
1:21:40 Caleb Hammer? Not even a question asked. So, that's three of the credit cards we've looked at so far. Yeah, you guys are great.
1:21:49 Caleb Hammer? Come on, you set yourself up as, "I'm doing better, everything's so good, last six months, blah, blah, blah, blah, blah, blah." Fuck you! Fuck you! I have the statement. Shut the fuck up. You're not gonna lie your way through this. That's not what's gonna make your finances better by pretending your finances are good when they're not. Shut up!
1:22:07 Caleb Hammer? Interest this year, three hundred. We're at a thirty percent interest rate.
1:22:12 Caleb Hammer? And everything else, are you moving it all? Are we selling everything? Are we getting storage units? Are we moving everything into the garage? How are we doing this?
1:22:18 Speaker 03 We, we have stuff in storage currently.
1:22:21 Caleb Hammer? A storage u- unit? So we're paying for a storage unit?
1:22:24 Speaker 04 Mm-hmm.
1:22:25 Caleb Hammer? Why not just [bleep] it? How long are you gonna be at the parents' house that you're investing in?
1:22:29 Speaker 04 It's not furniture and stuff that we have stored in the storage unit. It's all of our, our, like, extra clothes and stuff that we can't fit in the storage unit.
1:22:36 Speaker 03 Yeah, we just finished the room. So we just finished the room.
1:22:38 Speaker 04 We have a lot of our kid's stuff in the storage unit because we don't have enough space in the house for it.
1:22:42 Caleb Hammer? And get rid of it.
1:22:42 Speaker 04 It's, um, I can't even remember now.
1:22:45 Caleb Hammer? What kind of consumer is in bull [bleep]? Just get rid of it. If you're not gonna have it in your house for them to even enjoy, get rid of it.
1:22:50 Speaker 04 Yeah.
1:22:50 Speaker 03 Exactly. Yeah, well, we, we just finished, we just finished, since we just finished, uh, excuse me. Since we just finished a room where we just took out all our main stuff, like our clothes and stuff, starting to put it away. And we're planning on emptying it out this month so we can get rid of it.
1:23:03 Caleb Hammer? You better. What does it cost?
1:23:05 Speaker 04 Seventy-nine.
1:23:06 Caleb Hammer? Oh, [bleep] you guys just don't have that flexibility. Twenty-six dollars in this cash app account.
1:23:11 Speaker 04 Yeah.
1:23:12 Caleb Hammer? Uh, Wing Dixie Company?
1:23:14 Speaker 04 That's the grocery store.
1:23:16 Caleb Hammer? Okay, what are you doing in getting eight dollars from the grocery store? I know that's bull [bleep] always is. It never, no one goes to the grocery store in the United States of America and drive a bull infrastructure and picks up eight dollars of groceries. What did you get?
1:23:29 Speaker 04 Holy shit, I don't remember.
1:23:30 Caleb Hammer? What you getting?
1:23:31 Speaker 04 No, every once in a while when I plan on cooking.
1:23:33 Caleb Hammer? What are you stopping in and getting some bull [bleep]?
1:23:35 Speaker 04 No.
1:23:35 Caleb Hammer? There's no way. I don't believe it. No, no one does the European way.
1:23:39 Speaker 04 So the way I plan out with groceries is sometimes when my client calls off, I go and do groceries. I do like, I figure out what I'm gonna cook that same day. I go and buy pasta, the pasta and the sauce.
1:23:50 Caleb Hammer? I hope so. I'll take your word for it. But usually that is not how this works.
1:23:54 Speaker 03 We cook a bunch and then so...
1:23:55 Speaker 04 I try not to buy like that's some groceries.
1:23:57 Caleb Hammer? Personality.co, personality.co?
1:23:58 Speaker 04 I was trying to figure, that was something before we applied for the show. Trying to figure out what I wanted to do for work. It was like a
1:24:06 Caleb Hammer? Dairy Queen.
1:24:07 Speaker 04 Yeah.
1:24:08 Caleb Hammer? And PDQ Naples, five dollars and forty four cents.
1:24:12 Speaker 04 Yeah, that was food and that was a meal for my, my son. Every once in a while, we'd have to take him to work with me. So I'd have to get him something to eat.
1:24:21 Caleb Hammer? Oh, Hyundai Santa.
1:24:24 Speaker 04 Yeah, that's a Santa Fe.
1:24:25 Caleb Hammer? Santa Fe.
1:24:28 Caleb Hammer? It's at a seven point five percent interest rate, guys. It's not great.
1:24:32 Speaker 04 Nope.
1:24:33 Caleb Hammer? Great, but we have to get a brand new car or else every car is, we definitely can't get, yeah, looked at by any kind of mechanics at all. Ever. This isn't a fifty three thousand, seven hundred twenty five dollar and we'd rather live with our parents than get a car that we could.
1:24:51 Speaker 04 That was the carryover.
1:24:52 Caleb Hammer? This is ridiculous. This is insane. Minimum monthly payment of eight hundred fifty seven dollars and seventy five cents is disgusting. And this is for one of the cars. What in the America are you guys? This is insane. This is crazy.
1:25:11 Speaker 04 We couldn't fit our kids in a launcher he had.
1:25:14 Caleb Hammer? On. So we had to get a sixty thousand hour car. I don't want to in here. You can fit people in cars that aren't sixty thousand dollars. What's it worth?
1:25:25 Speaker 04 Sure. I think I looked recently. It's only worth like thirty with the miles I have.
1:25:30 Caleb Hammer? Thirty. You're underwater by half. This is one of, this is one of the worst equity positions I've ever seen in a car. What the are you guys? You can't get rid of this. There's nothing you can borrow to make the difference make sense. This is insane. This is disgusting. This is insane. A fifty three thousand, seven hundred twenty five dollar and you guys are cutting your income in half. You're gonna be what? Like a five thousand hour household here in a second? Good luck. Literally a fifty of your income is gonna go to a Santa fucking Fe? At seven and a half interest.
1:26:06 Caleb Hammer? That it's worth. Almost half. Oh my fucking kill me. This is insane. When did you get this?
1:26:15 Speaker 04 April. April or March.
1:26:18 Caleb Hammer? Oh, why? Listen, okay, get a new car, but why a $60,000 car?
1:26:24 Speaker 03 Cause she doesn't believe in used cars.
1:26:25 Caleb Hammer? Yeah, but why a 60?
1:26:28 Speaker 04 It was the carryover from the trade in.
1:26:30 Caleb Hammer? How much?
1:26:31 Speaker 04 It was a $15,000 carryover.
1:26:37 Speaker 04 The Hyundai Elantra, we couldn't fit the two kids.
1:26:40 Caleb Hammer? You used to have a Ford F-150 at 0% interest, but you made them trade it in because you couldn't climb into it?
1:26:46 Speaker 04 When I was pregnant, yeah.
1:26:47 Speaker 03 The pal.
1:26:47 Speaker 04 Couldn't climb into the truck.
1:26:50 Caleb Hammer? There was no other transportation options.
1:26:52 Speaker 04 Car, no.
1:26:53 Caleb Hammer? Oh my, get her a ladder, a step stool. No, seriously, a step stool, I don't care.
1:27:00 Speaker 03 I offered everything and it was consistently always fighting.
1:27:03 Caleb Hammer? 0% interest rate car that we can maybe afford for something we're absolutely insane.
1:27:07 Speaker 04 I can defend him on that. He did fight me on that a lot. I was the one that pushed him for the Palisade.
1:27:12 Caleb Hammer? Ridiculous. You were getting pregnant, brainer.
1:27:15 Speaker 03 And I kept fighting and it was consistently every day. I got her from work. I can't with this car. This car's driving me insane. I can't. The kid's in the back. But and it was every single time. It was all 24/7, 24/7 until I got her the car that she wanted.
1:27:27 Caleb Hammer? This is insane. This is insane.
1:27:32 Speaker 04 Well, that's my car, so I don't.
1:27:35 Speaker 04 That's on my credit.
1:27:37 Caleb Hammer? This is, this is one of the most insane cars I've seen in a long time.
1:27:40 Speaker 04 Yeah.
1:27:41 Speaker 03 Agreed.
1:27:41 Caleb Hammer? Why are you guys doing this to us?
1:27:45 Caleb Hammer? And then your lease is another 876 hours a month?
1:27:49 Speaker 03 That.
1:27:49 Caleb Hammer? What have you guys done?
1:27:51 Speaker 04 It was too.
1:27:51 Caleb Hammer? What have you guys done?
1:27:53 Speaker 03 So, so that car that we traded in.
1:27:56 Speaker 03 So the 0% interest Ford that I traded in, I got her a Palisade.
1:28:00 Caleb Hammer? How long's your lease?
1:28:01 Speaker 03 Four, four years.
1:28:04 Caleb Hammer? You drive a lot? Do you go over the miles? Are you projected to go over the miles?
1:28:07 Speaker 03 No, we'll be, we'll be good. We got 12,000 a year and uh.
1:28:11 Speaker 04 Since he's gonna be in nursing, he's gonna be close by.
1:28:14 Caleb Hammer? If you're okay with 12,000 a year, you could have got another car that would have lasted years.
1:28:19 Speaker 03 It was gonna cost more.
1:28:19 Caleb Hammer? Regular car. What are you doing? What are you gonna do when the lease is done? What's your plan? What's your big plan, guys? Cause you guys are fucked.
1:28:26 Speaker 03 So.
1:28:27 Caleb Hammer? How, how long into the lease are you?
1:28:29 Speaker 03 Uh, we just started.
1:28:29 Speaker 04 Only a couple, July, we started July. Yeah.
1:28:32 Caleb Hammer? You're having this for 176,091 cents a month for four more years? This is insane. 857 dollars and 75 cents plus 876,091 cents. We're talking 1,734 dollars and 66 cents when you make 5,000 dollars a month coming up here. If you're lucky. Oh, that is 35% of our income is going to cars. Depreciating assets. And that's not even true because guess what, guys? That lease isn't sticking around. You're gonna have to buy it at the end and get another one.
1:29:12 Speaker 04 Yeah.
1:29:13 Speaker 03 So.
1:29:15 Speaker 03 So when we, so I traded in that 0% interest Ford and I got her the Palisade. And then that car she had from 2021.
1:29:22 Speaker 04 Yeah, I had that car from 2021. We were sharing it for a year and a half. Driving him to work and then I was working doing Amazon DoorDash and everything while I was pregnant.
1:29:32 Caleb Hammer? And what's nursing school gonna cost?
1:29:34 Speaker 03 It's gonna be 36,000.
1:29:38 Caleb Hammer? Oh, for how long?
1:29:39 Speaker 03 Six, it's 19, uh, well, 16 months, starting in Jan- uh, January.
1:29:47 Caleb Hammer? How are you paying for that, you?
1:29:51 Speaker 04 Student loans.
1:29:51 Speaker 03 Student loan, yeah.
1:29:56 Caleb Hammer? This is ridiculous. You guys have fucked it. This was so, so correctable until we got to the cars. And now we're now we're
1:30:09 Speaker 04 And my Palisade was causing issues as soon as we hit the 100,000 on it. This past April, um, found out with multiple mechanics that the motor was giving out. So I had to get rid of the car.
1:30:23 Speaker 03 Yeah, the mechanic told us, he's like, yeah, I recommend you get out of this car before it blows up on you. Then you have a payment and no car.
1:30:36 Caleb Hammer? Checking it out. $292.
1:30:39 Speaker 04 That's yours.
1:30:39 Caleb Hammer? People making six figures. This is fucking insane. What?
1:30:44 Speaker 04 No, that's his. Yeah.
1:30:47 Caleb Hammer? Zelle, Cash App.
1:30:49 Speaker 03 That's sending it to her. Yeah. To make the payments.
1:30:52 Caleb Hammer? What are you getting at Target for 26 bucks? Target's unknown. It could be bullshit. It could be good.
1:30:57 Speaker 03 I don't know. Probably some fruit or something. Yeah, or whatever.
1:31:01 Caleb Hammer? Uber Eats! Uber Eats! Cash App, Zelle, Crunch6.
1:31:10 Speaker 04 Crunch Fitness, the gym.
1:31:11 Caleb Hammer? Five bucks? That's all it is? You got something at Crunch.
1:31:16 Speaker 03 Yeah.
1:31:16 Caleb Hammer? You got a little drinky.
1:31:18 Speaker 03 Protein or, or, uh, pre-workout or something like that.
1:31:21 Caleb Hammer? Pre-workout? Dude, that doesn't make any sense. That's just so fucking expensive per serving. Again, again, I advocate for them super hard. I will get you literally free samples of gamer subs. You scoop that into the shaker, shake it up, that is 20, gamer subs.
1:31:36 Speaker 03 Not gamer subs. I have a different one.
1:31:37 Caleb Hammer? Okay, well, do gamer subs. It's literally 25 cents per serving. I'll get you a 10% discount or, or something like that, or free samples. Link in the description below. Instead of these $5 energy drinks for pre-workout, do gamer subs. Dude, this tastes so good. This is my afternoon. We're filming this in the morning, so I'm drinking coffee. This is my afternoon energy. It's so good. 25 cents per service. Or per
1:32:03 Speaker 03 Per serving.
1:32:04 Caleb Hammer? Serving. Instead of your stupid $5 thing. This makes no sense, guys. It makes no sense. Again, we got 10% off even. It's already even better. So 10% you're saving from the 25 cents. Like, what the are you doing? This is so stupid. There's so many options out there instead of stopping and getting your space box, pizza, cash app, space box, McDonald's, Subway.
1:32:26 Speaker 04 Storage unit.
1:32:27 Caleb Hammer? McDonald's, Subway, and Trump, Trumpo, Encanta, Pollo Encanta, Starbucks, Burger King, Amazon, McDonald's, Zell, Bull. Primo water? Primo water?
1:32:43 Speaker 04 That's the fill up.
1:32:44 Caleb Hammer? Water things?
1:32:44 Speaker 04 Not the fill up the gallons that we have since we live in well with the well water. We can't drink the water. Yeah.
1:32:50 Caleb Hammer? Zell, Zell.
1:32:53 Caleb Hammer? Pre-workout or energy drink, probably. There's the storage. The storage hits like every other day?
1:32:59 Speaker 04 Yeah, I don't freaking know. I noticed.
1:33:01 Caleb Hammer? Starbucks, Starbucks, Amazon Bull, Bull Ross, Amazon Zellin, Zulie's header, Zellin, Cash App, Cash App, Fresh Bo, ATM cash withdrawal $200. Who knows where the that went? Cash App $132. This is crazy.
1:33:16 Speaker 04 That's to pay for daycare.
1:33:17 Caleb Hammer? This is crazy. Okay, that's fine, but this crazy. Look at that. Look at that.
1:33:23 Caleb Hammer? That's, that's insane. That is insane. What are we doing? And again, the $5 purchases, it makes no sense to just use my link for the the gamer subs. Please, it's, I promise it's so delicious. Listen, I'm a fat, so I got good taste. It's so good and you get the, it's the same. It's the same, so much more affordable and it's so good.
1:33:48 Caleb Hammer? Use code Caleb.
1:33:51 Caleb Hammer? Lily. So is this you?
1:33:53 Speaker 04 Yeah, that's the bank that I have.
1:33:54 Caleb Hammer? Pollo Tropical, Prime, Amazon Prime Video, McDonald's, Wendy's, some Bull.
1:34:01 Caleb Hammer? Some bullshit, it's good as coffee, Prime Video, we're renting or buying all the time on Prime Video. Some bullshit for groceries, hard to say, Disney Plus, McDonald's, hair by Taylor, $335.
1:34:12 Speaker 04 That was my hair.
1:34:13 Caleb Hammer? $335.
1:34:15 Speaker 04 I wanted to get my hair done, I hadn't had my hair done in three years.
1:34:18 Caleb Hammer? Well, you're just, you're more f*** than you were probably three years ago, so I don't know if we're doing that, I'm sorry. I mean, get your hair did, but like, I don't know if we're going all out at that point. Pepperburrito, Instacart, subscription, fuck you, go to the grocery store, Cent Hound.
1:34:34 Speaker 04 Yeah, I know, I got that money back.
1:34:35 Caleb Hammer? Who are you trying to, who are you trying to goon up?
1:34:38 Speaker 04 Cent Hound was for our dog, where we had to put him down, that's the reason why one of the credit cards were.
1:34:42 Caleb Hammer? That's very sad.
1:34:43 Speaker 04 Um, but we, um, he, that was a, a subscription that we pay for monthly to get him to take a bath every, every week. So it was at a grooming salon over there, it's a chain that's in Florida.
1:34:54 Caleb Hammer? Uber Eats, McDonald's, there's the subscription again, Amazon Prime. Ah, I think groceries, there's the, the dog subscription, dog subscription, Fandango, Fandango and Uber Eats again.
1:35:05 Speaker 04 Yeah, the Fandango's the movies.
1:35:07 Caleb Hammer? This is fucking ridiculous, dude, and a dollar in this account, I see savings to save our fucking life.
1:35:12 Speaker 04 Yeah.
1:35:13 Caleb Hammer? There's more water, this is insane, guys, like, what are we doing, your bullshitting spending was off the charts. For something, we can't even afford life.
1:35:33 Caleb Hammer? Your minimum monthly payments on debts alone is $2,383. So half our income that's about to be during school, and that's, hey, you're actually gonna be borrowing more, ha, ha, ha, that's gonna be great. $2,383.99, good the f*** luck. Your new mortgage, your new rent was 800, you said, I think?
1:35:50 Speaker 03 Seven, seven hundred.
1:35:51 Caleb Hammer? Seven, and do you have to pay utilities to internet or anything?
1:35:53 Speaker 03 No.
1:35:53 Speaker 04 No.
1:35:53 Caleb Hammer? Okay, 700, very good, income is gonna be about 5,000, that's what I'm putting in, right, isn't that what we're projecting?
1:35:59 Speaker 04 It's about 60, it'll be 64.
1:36:02 Caleb Hammer? Sixty-four.
1:36:03 Speaker 04 Mm-hmm.
1:36:04 Caleb Hammer? Nat?
1:36:05 Speaker 04 Yes.
1:36:06 Caleb Hammer? Good.
1:36:07 Speaker 03 And that's if.
1:36:08 Caleb Hammer? Just a little.
1:36:08 Speaker 03 And, and I.
1:36:09 Caleb Hammer? That's if she doesn't drop her client.
1:36:11 Speaker 04 That's why he's waiting for his second client to get through the process, so.
1:36:15 Speaker 03 Yeah.
1:36:16 Speaker 04 They'll probably won't be for another.
1:36:17 Caleb Hammer? Phone bill?
1:36:18 Speaker 04 Uh, we have, we have US Mobile, so we pay annual.
1:36:21 Caleb Hammer? Okay, that's pretty good. That's similar to helium, which we like, so that's.
1:36:24 Speaker 04 I compared it. US Mobile was cheaper.
1:36:26 Speaker 03 Yeah.
1:36:26 Caleb Hammer? Well, helium, you can get a zero-dollar plan, so I don't know if that's true, but.
1:36:30 Speaker 04 Oh, not the unlimited, yeah.
1:36:31 Caleb Hammer? Yeah. Transportation, gas, vroom, vroom, drive, drive, we drive a lot.
1:36:35 Speaker 04 Yes, it's a.
1:36:37 Speaker 03 Four hundred a month for me, and then.
1:36:38 Speaker 04 Yep. Told you we'd drive a lot.
1:36:41 Caleb Hammer? And then how much?
1:36:41 Speaker 04 And then it's a hundred and fifty, no, three hundred a month for me.
1:36:45 Caleb Hammer? Seven hundred, that's gonna fuck us. And car insurances?
1:36:49 Speaker 03 Uh, it's, it's gonna be three twenty a month, starting, since we just moved, it changed.
1:36:54 Caleb Hammer? Necessary food. How does the food work in the house, living with the parents?
1:36:56 Speaker 04 Um, his parents normally cook a lot, but because I still need to get, um, baby food for the baby, because she can't have solid.
1:37:03 Caleb Hammer? I'll let you contribute five hundred to the overall pile. I don't think you need to do that much, but we'll see.
1:37:07 Speaker 04 I always do more than that.
1:37:08 Caleb Hammer? Well, don't. It doesn't sound like you need to.
1:37:11 Speaker 04 Well, because I still cook and stuff for my kids, because they.
1:37:14 Caleb Hammer? So they don't.
1:37:14 Speaker 04 Cook very healthy. They cook a lot of greasy stuff, so.
1:37:17 Caleb Hammer? Seven hundred, can I get you to seven?
1:37:19 Speaker 04 I normally do.
1:37:20 Caleb Hammer? You normally, but I don't give a fuck what you normally do.
1:37:22 Speaker 03 Seven.
1:37:23 Speaker 04 I do seven hundred.
1:37:24 Caleb Hammer? Compared, because if they're still cooking, we're gonna take advantage of that. Not in a bad way, but. KTP fund, anything else you need to survive, we should be able to do about three, two, two fifty, two fifty. Now daycare, how much?
1:37:35 Speaker 04 Daycare is five hundred and thirty a month.
1:37:40 Caleb Hammer? Okay, five thirty, gotcha.
1:37:42 Speaker 04 We have our son's after-care program, that's three hundred and nine. A month.
1:37:47 Caleb Hammer? Okay, three oh nine, that's, okay. Medical healthcare, is there anything co-pays on a monthly basis?
1:37:53 Speaker 04 No.
1:37:53 Caleb Hammer? Good. Gym, how much? And trainings, all that stuff?
1:37:56 Speaker 03 Uh, so.
1:37:57 Speaker 04 It's like two hundred for him.
1:38:01 Caleb Hammer? Including your training?
1:38:02 Speaker 04 I don't, I'm not doing it anymore.
1:38:04 Caleb Hammer? Two hundred? Kill me now. Uh, I know we just lost a dog, very sad. Very sorry. Do you have any more pets?
1:38:09 Speaker 04 No.
1:38:10 Caleb Hammer? Okay, so no pet food, no pet insurance.
1:38:12 Speaker 04 Mm-mm.
1:38:13 Caleb Hammer? And I wouldn't get one again yet.
1:38:14 Speaker 03 Yeah.
1:38:14 Speaker 04 Oh no, he, he costs a lot. He had a really bad skin allergy, so I was paying a hundred and thirty for his food.
1:38:19 Caleb Hammer? We can get a pet again at some point, but just not now.
1:38:21 Speaker 03 No.
1:38:22 Caleb Hammer? Subscriptions, let's say thirty dollars.
1:38:24 Speaker 04 Yeah.
1:38:24 Caleb Hammer? Anything else that needs to be in your budget that I have not taken account?
1:38:27 Speaker 04 Um, my student loans, for some reason they weren't there.
1:38:31 Caleb Hammer? What the [bleep]?
1:38:32 Speaker 04 Yeah.
1:38:33 Caleb Hammer? How much?
1:38:34 Speaker 04 Sixty-three hundred.
1:38:36 Caleb Hammer? What's your minimum monthly payment?
1:38:37 Speaker 04 Uh, my minimum is forty-three, but I always pay fifty.
1:38:41 Caleb Hammer? Forty-three?
1:38:42 Speaker 04 Yeah, forty-three fifty-one.
1:38:45 Speaker 04 And that interest.
1:38:46 Caleb Hammer? Add forty-three to the debt payment. Plus seven hundred, plus seven hundred, plus three twenty, plus seven hundred, plus two fifty, plus five thirty.
1:39:00 Caleb Hammer? Yeah, how much?
1:39:01 Speaker 04 Twenty-three fifty-eight.
1:39:04 Caleb Hammer? Plus twenty-three point five eight.
1:39:08 Speaker 04 So.
1:39:08 Caleb Hammer? Six thousand one hundred eighty-nine dollars and fifty-seven cents to survive. This massive income drop, we're only gonna have two hundred ten dollars left over. Two hundred ten point four three. That means with your debt, including if we buy out the car, including the new student loans, including your student loans, which will be added, what did you say, like sixteen thousand? How much did you say?
1:39:29 Speaker 03 It's thirty-six, but it, like, so another reason why we came on the show and stuff.
1:39:34 Speaker 04 It works through Ed Financial, so it's gonna, it's probably not, it's gonna be deferred, I'm sure.
1:39:39 Caleb Hammer? It will, but once you, that will bring you guys to a total of a hundred forty-seven thousand two hundred fifteen dollars and seventy-seven cents of debt.
1:39:46 Speaker 03 That's if I go to school right, uh, in January. I haven't, I haven't signed up yet.
1:39:49 Caleb Hammer? I'm not necessarily against school, it's just like, I don't know, but all I'm saying is that takes six hundred ninety-nine months to pay off.
1:39:56 Speaker 03 Yeah.
1:39:58 Caleb Hammer? It takes sixty years to pay off. Um, honestly, what I would do, in order to get out of this [bleep] Hyundai, because this is what's gonna kill you.
1:40:13 Caleb Hammer? Couple options. Yeah, maybe we delay school and you guys do everything in your power to keep up the six-figure income. Yeah. Beat down this debt as quick as you can, then go to school and change careers and all that stuff. You just gotta beat, beat, beat, beat, beat and hustle, hustle, hustle, grind. That's what I would rather you do. I could do it. And I think with that, bringing in the $10,000 net, you can pay this off and, you know, at that point, probably a few, a couple of years, and then we go back to school and that'd be fine. Or we go through bankruptcy and also lose the car.
1:40:41 Speaker 04 No, we've done debt consolidation before, so.
1:40:44 Caleb Hammer? Well, that doesn't work. You have to change, well, before you ever consider anything like that, you have to change your behavior for multiple months.
1:40:48 Speaker 04 Yeah.
1:40:48 Caleb Hammer? I think we're putting off school, I think we're even putting off switching your career path. You're working your ass off, you're working more than you've ever worked in your life, and you're tackling the debt, and in a few years after you've paid off all the money, have a fully funded emergency fund, which is six months of your living expenses required to live. Then we can go do these things. And then you need to catch up in retirement because that isn't your retirement. Yeah. We need to start contributing about 20%.
1:41:07 Speaker 04 Okay.
1:41:08 Caleb Hammer? So that is, I think, the grind from here. Okay.
1:41:10 Speaker 04 Okay.
1:41:11 Caleb Hammer? All right, ladies and gentlemen, join us for an extra 20 minutes of the episode where we can cover extra things that we can't say in the main episode in the Financial Auto Post Show. Let's get to Hammer Financial Score first. Bending in a budget, 0 out of 10.
1:41:24 Caleb Hammer? Debt score, no collections, but this is fuck, that, that car situation, 80 years to pay off your debt, whatever, 61 out of 10. Emergency fund, no savings, 0 out of 10. Retirement, no retirement, 0 out of 10. Real estate, nothing, 0 out of 10. Hammer Financial Score, round it up to 0.5 out of 10. Get yours at CalebHammer.com and click that join button. Join Hammer Elite for three premium shows posted every single day, Monday through Friday, and we'll see you in the Financial Auto Post Show. Well, me, apparently there's more debt.
1:41:51 Speaker 04 Out of daycare to put them.
1:41:55 Caleb Hammer? Kill me now. Mm-hmm.
1:41:57 Speaker 04 For my grandmother and then for my aunt.
1:42:00 Caleb Hammer? I need to die. That's same. Exclusive members content. Click the link in the description or pinned comment below and watch thousands of hours of extra and uncensored content.
1:42:13 Speaker 05 Now at Kroger, your points add up to more ways to save every trip. Use them your way to take dollars off groceries at checkout or save at the pump. You can even save up to $35 on your next fill-up. Same points, more choices. And with low prices on fresh, quality food, plus digital and personalized offers tailored to how you shop, your dollar goes further. Redeem your points online or in the app. Kroger: Fresh for Everyone. Restrictions apply. See site or store for details.
Previous $500,000 In Debt To Be Failed OF Model | Financial Audit Next I (almost) Gave Up.. | Financial Audit Page updated November 1, 2026 · transcript and summary are machine-generated