Togi Is Worth -$10,000,000 | Financial Audit

💰 Download Dollarwise: automatic connections, clean budgeting, incredible insights, and a free trial: https://bit.ly/46fiDYP *I actually did it* - I went against EVERYTHING I believe in and for the first time in my life... gambled... I did a 100% real coin flip for $10,000- see who wins, watch here: ➡️ https://bit.ly/chpostshow ============================= 🔥 Un-F*ck your finances in 2-minutes → https://bit.ly/3JCuwPS ============================= 👉 Checking & Savings: Get up to a $350 bonus with a new Chime® Checking account, and earn up to 3.50% APY on your savings: https://secure.moneymatchup.com/350-bonus 🔥 GamerSupps: tasty, cheap ($0.40/serving)! Save 10% with code CALEB: https://gamersupps.gg/caleb ============================= Master Your Money with Caleb Hammer ============================= ⚡️Budget YOUR dream life with my simple courses: ➡️ https://bit.ly/calebhammer ⚡️Check out all of my custom Financial Audit merch: ➡️ https://bit.ly/caleb-merch ============================= *Check Out My Resources* ============================= 👉 Checking & Savings: Get up to a $350 bonus with a new Chime® Checking account, and earn up to 3.50% APY on your savings: https://secure.moneymatchup.com/350-bonus 👉 Land a high-paying job with no experience or degree: ➡️ https://coursecareers.com/CalebHammer 👉 Get FREE MONEY by investing with Public! secure.moneymatchup.com/public-caleb 👉 Find the best credit cards for you with my quiz! cards.calebhammer.com/yt 👉 Get $20 from Acorns for free: ➡️ https://acorns.com/caleb 👉 First 100,000 Mine (formerly Fizz) sign-ups with code HAMMER10 get $10: https://www.usemine.com/caleb 👉 Helium Mobile: Use promo code CALEB for a FREE plan ➡️ https://hellohelium.com/ 👉 Protect your online privacy and security for free with Aura: ➡️ https://aura.com/hammer 👉 Get an exclusive HighLevel 30-day trial: https://gohighlevel.com/calebhammer ============================= *Chapters* ============================= 00:00 Intro 01:30 Aren't All Financial Audit Guests? 02:25 Income 02:55 Staff & Costs 06:30 $1K A Month Is Wild lol 08:00 So.. Paid In Experience? 08:50 He Gambled Away His $2M HOUSE? 10:45 Unstoppable Force Meets Immovable Object 15:30 He Is Gambling Incarnate 19:30 Chat, Is He Cooking? 27:15 Shoutout Gerd 29:00 He's Not Ready For The Worst Case Scenario.. 33:15 He Essentially Calling Caleb The Lebron Of Finances 35:45 -$900,000 Just Like That??? 39:20 What Are Some Goals? 46:38 Shoutout David Goggins 46:36 Unstoppable Force Meets Immovable Object 49:00 Don't Do Dr*gs Kids 54:20 Its The Free Use Credit Card LMAO 01:01:40 First Class? For EVERYONE? Love That. 01:04:00 I've Never Seen Before 01:11:15 I Too Hate Adulting -Mika 01:17:10 Honestly, He's Just A Nice Kid 01:21:45 $20,000 On UBER EATS 01:24:30 GEEERD 01:30:00 Mom And Dad Are Fighting 01:36:15 Gameplan ============================= Want more content? ============================= 🍿 Caleb Hammer Clips: https://www.youtube.com/@calebhammerclips ============================= *Connect with me!* ============================= TikTok: https://www.tiktok.com/@calebhammercomposer X: https://x.com/sircalebhammer IG: https://www.instagram.com/calebhammercomposer/ Facebook: https://www.facebook.com/calebhammercomposer/ ============================= *Want to be a guest on Financial Audit?* ============================= 👉 We film weekdays in our studio in Austin, Texas (in person only)! To apply, visit: https://calebhammer.com/apply *Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. This is not investment advice. Sponsorship and business inquiries: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

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

• 0:00Caleb Hammer?

  To watch episodes of Financial Audit a week earlier, check us out on YouTube. I thought you lived in Miami. That's what I was told.

• 0:05Speaker 01

  No, we lost that house.

• 0:09Caleb Hammer?

  Foreclosure?

• 0:11Speaker 01

  Gambling.

• 0:13Speaker 01

  It's not about the numbers, it's about the vibes. I'm trying to explain to you how important the vibes are.

• 0:19Caleb Hammer?

  I want to make sure you can take care of yourself for the rest of your life.

• 0:21Speaker 01

  I can take care of myself because I'm Togi. You've been wired your whole life to, I have to save excessively.

• 0:29Caleb Hammer?

  Did you grow up with foreclosure notices on your house?

• 0:32Speaker 01

  I don't even know what that is.

• 0:34Caleb Hammer?

  Okay. Download the Dollar Wise Budgeting app today and get a three day free trial. That's enough time for the automatic connections to give you the insights you need to change your financial life. Tens of thousands of other people are changing their lives right now and you can too with Dollar Wise. So take the free trial and if you like it, sign up for the annual version to save a ton of money and get my detailed 30 day meal plan signed by me and mailed directly to you. Download now, dollarwise.com or link in the description below.

• 1:07Speaker 01

  What up? It's Togi here, Shane Stouffer. I'm 23 years old and I live in Austin, Texas. And we're on the Financial Audit.

• 1:15Caleb Hammer?

  I go into every episode blind with guests, but you're actually known. But I'm going to be honest, this is still blind for me. I literally have never seen a single Togi video. I don't know what the we're talking about. I haven't looked at your documents. I don't know what the is going on, but I heard you're kind of.

• 1:34Speaker 01

  It's, no, no, it's, um, I would say like you, what do you go to college?

• 1:40Caleb Hammer?

  I dropped out.

• 1:42Caleb Hammer?

  But I did go to college.

• 1:43Speaker 01

  How old are you now?

• 1:44Caleb Hammer?

  30, 31.

• 1:45Speaker 01

  So that was like 10 years ago.

• 1:46Caleb Hammer?

  Uh huh.

• 1:46Speaker 01

  It's, you had like the frat bros, whatever you go out to the party and they're just like, it's very normal. Like my life is exactly like every dude's in the frat, but you know, now I do like YouTube and make a little more money. But it's pretty standard. Like you can imagine kind of what everything is like.

• 2:02Caleb Hammer?

  So is YouTube all you do right now?

• 2:04Speaker 01

  Uh, no, well, yes, it depends on like either YouTube, streaming, Snapchat.

• 2:09Caleb Hammer?

  Oh, you stream too? Snapchat's good money. We learned that.

• 2:13Speaker 01

  It kind of fell off. It's not great anymore.

• 2:15Caleb Hammer?

  Dude, we still get pretty chunky checks from Snapchat. Um, okay. What do you make? Do you know how much you make?

• 2:21Speaker 01

  No idea how much I make, but I sent you, say, okay, this is funny. The first time I ever looked at like how much I make was when you guys asked, how much does he make? And I say, you think?

• 2:30Caleb Hammer?

  Really?

• 2:30Speaker 01

  It was, um, over the last year, we did, what was it? 1.9 million a quarter for the last five quarters.

• 2:38Caleb Hammer?

  Me? Okay, that's obviously really good. Who's we?

• 2:41Speaker 01

  Oh, me.

• 2:42Caleb Hammer?

  Oh. Okay. Well, how many people do you have working for you?

• 2:47Speaker 01

  Uh, so we have, uh, 30 clippers.

• 2:51Caleb Hammer?

  Me, 30 clippers?

• 2:53Speaker 01

  That get paid very well. Uh, some of them like 20,000 a month on good months. But like intimate employees, I got the manager, the manager's assistant, the manager's partner's assistant, maybe seven.

• 3:06Caleb Hammer?

  Partner's assistant. Okay.

• 3:08Speaker 01

  Eight. I don't know. Eight people working.

• 3:10Caleb Hammer?

  How much do these people cost on a monthly basis?

• 3:12Speaker 01

  Um, that, well, that's the manager's thing. I don't know.

• 3:16Caleb Hammer?

  That's the manager's thing.

• 3:17Speaker 01

  I would guess, I would guess he maybe texted me, um.

• 3:20Caleb Hammer?

  Who's the, who's the little twink that you sent to get?

• 3:23Speaker 01

  You gotta be nice to Edward, bro. He's the man.

• 3:25Caleb Hammer?

  Okay, is that your manager?

• 3:27Speaker 01

  No, he's the assistant's assistant. So, but he, bro, he just started. Check it out. He just started. He was working for his mom, whatever, like cleaning floors now. Now he's got like a Rolex and he like does all the, yeah, I gave it to him.

• 3:39Caleb Hammer?

  Why is an assistant's assistant getting a Rolex?

• 3:41Speaker 01

  What? Why would he not? He's awesome. He's a nice kid.

• 3:44Caleb Hammer?

  Is it in the budget? I mean, he might be a nice kid.

• 3:46Speaker 01

  Thing, um, uh, I value like my relationships and connections. And like, if you are loyal and a nice person, I don't really care about the budget. Like I'll go over budget just to like, you know, go to, but the Rolex is in budget. Yes, but it's not a horrible thing. Uh, but either way, the Rolex is very cheap. Like it was like $10,000. Um, I forget what we're talking about before that, but I think the employees, I would guess maybe 250,000 a month for all of them.

• 4:12Caleb Hammer?

  Oh, for fuck's sake. Okay, $250,000 a month and you make 1.9 a quarter. So you're immediately, you're almost at like 50% margin, but that's just before any video production costs. That's his teammates. Is that including Clippers?

• 4:25Speaker 01

  Yeah, that's including.

• 4:27Speaker 01

  I would say, um, 120,000 is to Clippers.

• 4:31Caleb Hammer?

  120,000 to Clippers? Well, what does that return you? You know?

• 4:36Speaker 01

  No, dude. Okay. This is a what?

• 4:38Caleb Hammer?

  Do you just pay for the clip and you don't know where it goes?

• 4:40Speaker 01

  Yeah, yeah. But how much does anything, how much does that camera return you? Who knows? How much does that light return you?

• 4:46Caleb Hammer?

  Millions.

• 4:47Speaker 01

  But okay, how did you quantify that? That makes you millions of dollars that you got a better angle of what that's what is filmed right here? It's like, dude, you can't quantify. It's kind of like my whole life. It's kind of been like, if the vibes seem right, go for it.

• 4:59Caleb Hammer?

  Vibes.

• 4:59Speaker 01

  And then it's like, dude, what the fuck you need such a big office for? Because of vibes, bro. You like the vibes.

• 5:04Caleb Hammer?

  It's not the vibes.

• 5:05Speaker 01

  No, no, no, no.

• 5:05Caleb Hammer?

  I got this office.

• 5:07Speaker 01

  Seeing your office.

• 5:08Caleb Hammer?

  Yeah.

• 5:08Speaker 01

  Certainly large. You don't need it other than.

• 5:11Caleb Hammer?

  We need it.

• 5:12Speaker 01

  No, it's, I've been here two times. It's empty. Oh shit.

• 5:15Caleb Hammer?

  It's empty under renovations, which means the editors get to stay home.

• 5:21Speaker 01

  You can't lie to me and say like, there's not a part of it. You get to walk in, you're like, that's my shit. And it makes you perform better because it's like, but you can't quantify how much I return. So it's just like, I'm the man. This is my shit. This is my office.

• 5:32Caleb Hammer?

  That's about my man, but recruiting. We did it for recruiting as well.

• 5:36Speaker 01

  What do you mean?

• 5:37Caleb Hammer?

  We got a good office. So good people come here. They see the job interviews. When they job interview here, they like the space. They want to be here. It's culture.

• 5:45Speaker 01

  I would work here. This is a beautiful office. If I ever.

• 5:49Caleb Hammer?

  30 people in here. It's not empty.

• 5:50Speaker 01

  If I ever, uh, go broke, did you give me a job?

• 5:54Caleb Hammer?

  Hmm. I don't know yet. Again, again.

• 5:58Speaker 01

  At the end, you can tell me.

• 5:59Caleb Hammer?

  Yeah, I'll, I'll tell you at the end again. Uh, the only thing I know about you is you're kind of.

• 6:03Speaker 01

  What? This is like a crazy stray off the bat.

• 6:07Caleb Hammer?

  No, this is what I've heard. I don't know.

• 6:10Speaker 01

  Yeah, yeah, yeah. Okay, okay. Continue.

• 6:12Caleb Hammer?

  I, I don't know. And, uh, and you give your assistant assistant Rolexes. Here, here he is. He's the Zen collector.

• 6:19Speaker 01

  He's the man, Edward.

• 6:20Caleb Hammer?

  So if he didn't get those Zens from the car, the certain amount of time, would he lose his Rolex?

• 6:25Speaker 01

  No, he'd lose his job. But.

• 6:27Caleb Hammer?

  What do you make?

• 6:29Speaker 01

  Thousand dollars a month.

• 6:31Caleb Hammer?

  That's not true. Is that true?

• 6:32Speaker 01

  We just give him a pay cut.

• 6:33Caleb Hammer?

  What do you make?

• 6:36Caleb Hammer?

  No, you don't. You can't pay your bills on a thousand hours.

• 6:39Speaker 01

  Oh, I pay they everybody. All my employees live for free, eat for free.

• 6:43Caleb Hammer?

  Is he contractor?

• 6:44Speaker 01

  I don't know what that means.

• 6:45Caleb Hammer?

  Is he W two? Is he a full time employee? Cause it's like federal law, full time. You probably have to pay him forty two thousand hours a year minimum, or else you're gonna be in breach of some kind of federal regulation.

• 6:55Speaker 01

  All right, Edward, you gotta go then, bro, cause I'm not paying you. No, the point is.

• 6:59Caleb Hammer?

  Well, I was trying to get you a raise, not fired. I'm sorry.

• 7:01Speaker 01

  Um, I don't know. That's a good point. So maybe he's under minimum wage. But so what happened was.

• 7:06Caleb Hammer?

  Under minimum wage, okay.

• 7:07Speaker 01

  Well, he was getting paid thirty five hundred and then um, we did employee evaluations and it got cut. But that's not like.

• 7:14Caleb Hammer?

  Who evaluated?

• 7:16Speaker 01

  Me.

• 7:16Caleb Hammer?

  But you don't know what's happening. You told me the manager does everything.

• 7:20Speaker 01

  Yeah, but I, the manager is like sits in on the thing and I oversee, like, we talked about it before, and I oversee all the stuff that's going on. Um, but this one is an easy. Not all employees need an evaluation. It's you only get an evaluation if you're getting a raise, fired, or a pay cut.

• 7:35Caleb Hammer?

  So how'd you evaluate him for a cut? Why do you deserve a cut?

• 7:38Speaker 01

  Because the grand thing, scheme of it was the work was half ass, not enough urgency.

• 7:43Caleb Hammer?

  Well, he's an assistant's assistant. What is he supposed to be assisting?

• 7:45Speaker 01

  Look at, bro, but everything, would you want, like, you work at the highest level ever? Like, I saw your YouTube jacket. You're all the way up here. If your coffee, sure, it's not as important, but that needs to be on your level, because everything you do is extreme. So that's the same with all my operations, is it has to be the best.

• 8:02Caleb Hammer?

  No, I did just spend twenty thousand dollars on a coffee thing that gets here tomorrow. That is true. That is true.

• 8:07Speaker 01

  Oh, where?

• 8:08Caleb Hammer?

  Okay. No, I mean, no, no, I mean, I would evaluate too, and I would probably fire him if he was being bad, but I wouldn't pay someone an illegal wage.

• 8:15Speaker 01

  There's, I didn't know it was illegal. I'm learning this out, so thank you.

• 8:18Caleb Hammer?

  Probably. I mean, I don't know how it's structured.

• 8:20Speaker 01

  By the end of the year, I'll make sure he makes forty two thousand. And the point is, you have to.

• 8:24Caleb Hammer?

  If he performs.

• 8:26Speaker 01

  Yeah, yeah, but I appreciate um, like, good company and loyalty and somebody that's passionate about it. So he has all those things, just bad at the actual task.

• 8:36Caleb Hammer?

  How do you quantify the loyalty?

• 8:37Speaker 01

  Just the vibes. Dude, I feel like you spend too much time quantifying, like, everything. Sometimes the vibes is all you got, bro.

• 8:44Caleb Hammer?

  Livelihood we're talking about. Hopefully his future.

• 8:46Speaker 01

  Yeah, yeah, but my own future is based off of like the vibes of like the overall.

• 8:50Caleb Hammer?

  So you guys all live together in Austin?

• 8:52Speaker 01

  Yeah, it's Austin.

• 8:53Caleb Hammer?

  I thought you lived in Miami. That's what I was told.

• 8:55Speaker 01

  No, we lost that house.

• 8:59Caleb Hammer?

  foreclosure

• 9:01Speaker 01

  gambling

• 9:03Caleb Hammer?

  how do you gamble a house not actually gamble a house

• 9:06Speaker 01

  I literally gambled it away

• 9:08Caleb Hammer?

  like legally you did not

• 9:09Speaker 01

  everyone that's what I say everyone's like oh like I gambled with a house I'm one of the first people if not the first person to quite literally gamble my house away um and we did a this is not a joke at all this happened about a month ago

• 9:22Caleb Hammer?

  this actually happened

• 9:23Speaker 01

  there's everything I did a coin flip with Steve will do it and he put up 2 million dollars and I put up the house so if I won I would have gotten free 2 million dollars

• 9:33Caleb Hammer?

  2 first of all how would you even pay that because I did at least there's not 2 million dollars here like

• 9:38Speaker 01

  oh I bought the house like a long long time ago

• 9:41Caleb Hammer?

  okay what was the house worth

• 9:42Speaker 01

  well I have um 600 or 700 down and then it's a 1.9 million dollar appraisal and then the rest is uh

• 9:51Caleb Hammer?

  why do you speak normal and then when it comes to the word 100 you like gain autism or gain Down syndrome like how does that happen it's only the word 100

• 10:01Speaker 01

  wait how do I say 100

• 10:03Caleb Hammer?

  hunted

• 10:04Speaker 01

  hunted

• 10:05Caleb Hammer?

  yeah but every other word you say right

• 10:07Speaker 01

  no but here's the thing it's like um who the is Shakespeare and why does he get to say whatever the he wants and now everyone understood you understood me so it's like I could say ball sack but if you got the idea that he's saying 100 we're probably on the same page it doesn't matter right

• 10:22Caleb Hammer?

  no no I got you I'm just wondering why it's the only word you don't say

• 10:25Speaker 01

  no no no but the more we talk you'll probably because people make fun of me um for a lot of things and how I talk which is interesting I

• 10:33Caleb Hammer?

  okay

• 10:33Speaker 01

  my vocabulary is below average so I think that's why sometimes like there's a phrase that's very common like dirk or or smirk like that will be like brought up in vocabulary and there's like a meaning

• 10:44Caleb Hammer?

  what is a dirk or smirk what are we talking about

• 10:46Speaker 01

  now you just got clipped it's awesome okay but the point is you'll always understand what I'm saying

• 10:52Caleb Hammer?

  No, I don't know what

• 10:55Speaker 01

  Okay, moving on, moving on.

• 10:56Caleb Hammer?

  I don't know if I said a slur.

• 10:57Speaker 01

  I came here to learn about my finances, not be, uh, what's the word? Ridiculed about my language.

• 11:02Caleb Hammer?

  Well, I'm trying to get to know you. I'm trying to, because you couldn't tell me how much you, well, I mean, you kind of told me how much you make. You were told it was 1.9 a quarter last year. Are we on the upswing?

• 11:11Speaker 01

  No, no, in the last five quarters on average, 1.9 a quarter, we are on the upswing a lot. I have an idea of how much I get paid, but a lot of it. So one of my deals is I get money to gamble. And that's through cryptocurrency.

• 11:25Caleb Hammer?

  Oh.

• 11:26Speaker 01

  So they give me crypto to gamble and sometimes I lose that, sometimes I win that. And a lot of the times like this chain I paid.

• 11:32Caleb Hammer?

  Stake? I don't know that one. Okay, okay.

• 11:36Speaker 01

  Yeah. And so like this chain I bought in crypto. So it's like that.

• 11:41Speaker 01

  Never even win. 50,000. And then these two were like 100 something, so maybe like 170.

• 11:48Caleb Hammer?

  The chain was 100 something?

• 11:50Speaker 01

  We showed a wedding ring on each rock, bro.

• 11:52Caleb Hammer?

  Why?

• 11:53Speaker 01

  Cause then it's like I got a wedding ring on each.

• 11:55Caleb Hammer?

  Listen, we're, we're, we're, we're obviously bleeping this, but what's the address of the house you lost? So I can look it up.

• 12:00Speaker 01

  Uh, let me check.

• 12:02Caleb Hammer?

  You don't know where you lived?

• 12:05Speaker 01

  I never went there. We bought the house. I stayed there for like five days.

• 12:08Caleb Hammer?

  Where did you live?

• 12:10Speaker 01

  Um, where were we at that time? We were in LA.

• 12:13Caleb Hammer?

  Are you in Austin?

• 12:15Speaker 01

  Um, why?

• 12:16Caleb Hammer?

  Uh huh.

• 12:17Speaker 01

  Oh, here's the address.

• 12:21Caleb Hammer?

  Yeah. Why are you in Austin?

• 12:22Speaker 01

  Um, it was the cheapest thing, like for the, I wanted a big house that I could work in. Like have a big office and a lot of space. I couldn't afford Miami. I couldn't afford LA. So we were just like, we'll go Austin.

• 12:34Caleb Hammer?

  Me. If you lost the house, if you lost the house, how'd you get a place here?

• 12:40Speaker 01

  Well, so I had two houses. That I owned two houses, this one.

• 12:44Caleb Hammer?

  What was your purchase place, price for that? For the one you lost?

• 12:48Speaker 01

  I remember it got appraised for a hundred thousand less.

• 12:51Caleb Hammer?

  But what was the total?

• 12:52Speaker 01

  I believe 1.95.

• 12:56Speaker 01

  So maybe I got a praise 1.85 and then we coin flipped it 1.9.

• 12:59Caleb Hammer?

  Okay, so like, I don't know, if you get caught up in a drama or if you just like, stop being creative somehow and you don't have anything, you just lost $2 million. How are you surviving?

• 13:12Speaker 02

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

• 13:41Caleb Hammer?

  Rest of your life, you just lost $2 million.

• 13:44Speaker 01

  Well, bro, what do you mean if I stopped being creative somehow like?

• 13:48Caleb Hammer?

  You don't know what happens, maybe the audience moves on. What's your demographics?

• 13:52Speaker 01

  Well, I don't even know what.

• 13:53Caleb Hammer?

  Well, my, my high school brother knows you, so they're probably kids.

• 13:57Speaker 01

  Oh, yeah, yeah, whatever. Like, I would imagine young men, but either way, the point being is that I've invested so much into me as a person, I can always, I will always be able to do.

• 14:08Caleb Hammer?

  What have you invested into you as a person?

• 14:10Speaker 01

  Look at me, bro. It's like a big.

• 14:12Caleb Hammer?

  Yeah, wedding rings.

• 14:13Speaker 01

  Uh, you know, receding hairline, things of that nature, but I'm always able.

• 14:16Caleb Hammer?

  Is that true?

• 14:17Speaker 01

  I'm very confident. Yeah, it's horrible.

• 14:19Caleb Hammer?

  Dude, finestride, what's going on?

• 14:20Speaker 01

  Uh, I'm scared of it. I don't want my hormones, but either way, so this is the point. I'm so confident that even if I were to not be doing social media, I would cook up another scheme and make money another way. There's no point in my life. Scheme, scheme, you never heard of scheme?

• 14:35Caleb Hammer?

  Yeah, it's gonna be scammy though.

• 14:37Speaker 01

  I, you know, it's funny. Before I, I, it's easy to like, talk down on people, right? Like, oh, that guy's just a scam or whatever. Before I got famous, I wanted to be rich so bad that I was in the college in the frat and one of the schemes was a literal scam. We were trying to, this was before pump fun. I was like actually going in and coding my own meme coins, trying to rug pull people and it cost about a thousand dollars.

• 15:01Caleb Hammer?

  What the fuck?

• 15:02Speaker 01

  In making it and liquidity and everything. Either way, I had like $20,000 for my name at the time. I was so bad, I couldn't get anybody to buy my scam, so I ended up losing like $20,000 trying to scam people. So I'm not even good at it.

• 15:15Caleb Hammer?

  Why are you trying to scam people though?

• 15:16Speaker 01

  At the time when I was 18, I needed to be successful so bad that like ethics, now of course, we've learned that there's like, I've grown as a person, so, but back then I can admit, bro.

• 15:26Caleb Hammer?

  Have you?

• 15:27Speaker 01

  When you're 18, you're effectively, you know, so now it's like I would never scam somebody because I know I can do it the right way.

• 15:33Caleb Hammer?

  Okay, what about the gambling? You gamble on camera, you think that's moral?

• 15:36Speaker 01

  Hmm, it's hard to say.

• 15:37Caleb Hammer?

  I mean morals are subjective.

• 15:39Speaker 01

  Okay, let, put it this way, what's the downside to gambling in your mind?

• 15:45Caleb Hammer?

  Losing your money?

• 15:46Speaker 01

  But, lose your money? No, it, it, but you're paying for inexperience.

• 15:52Caleb Hammer?

  Go get a massage or something dude.

• 15:53Speaker 01

  What if I want to gamble, bro? It's like, the gambling has given me the most wonderful experiences and I've met the, my best friends, the best memories in my whole life are through gambling, not because.

• 16:04Caleb Hammer?

  One of your best friends just took a $2 million house from you.

• 16:07Speaker 01

  Yeah, and you know it was nice, he gave me a $700,000 car.

• 16:09Caleb Hammer?

  Oh, what a king.

• 16:10Speaker 01

  Bro, that's such a nice gesture that he won $2 million, he didn't have to give me shit. He risked his own $2 million for that, he won a bet fair and square and he said, you know, I feel bad, here's a $700,000 Lamborghini. I didn't need the Lamborghini at the time and, but it's still a nice like gesture, but the point being is that the best experiences, it's like an expensive membership to a country club. And also, in some cases, the country club pays you, you land in Vegas, Vegas will get you a private jet, the nicest room, you get a massage at the table, a bunch of whatever you want, anything and everything, so it's an incredible experience.

• 16:46Caleb Hammer?

  Do all that without gambling, you have the money to do it, it sounds like.

• 16:49Speaker 01

  I don't know, um, how to explain this, but the viewers will understand, it's fun. Like it's an activity that is just fun, there's.

• 16:57Caleb Hammer?

  I'm not saying gambling is not fun, but you're saying what's immoral about it, there are issues.

• 17:01Speaker 01

  So do you think like, uh, drinking alcohol on camera would be immoral?

• 17:05Caleb Hammer?

  Potentially.

• 17:06Speaker 01

  Yeah, so this is exactly the same with gambling, potentially.

• 17:09Caleb Hammer?

  If it was endlessly binge drinking on camera and trying to get your audience to endlessly drink, especially if you have a young audience like you do with crypto.

• 17:17Speaker 01

  Is there anything, when you see Togi blacked out, gamble for 18 hours and at the end of it? Cause I've done everything, right? I've done the good and the bad of every drug, everything, you know, the. A lot of

• 17:31Caleb Hammer?

  Why? What the why?

• 17:34Speaker 01

  Okay, cuz you I don't know, I just wanted to try it. It's not

• 17:36Caleb Hammer?

  But you did a lot.

• 17:39Speaker 01

  Yeah, okay, that's a good point. But either right now, it's like to to understand an experience, you gotta like go all the way into it.

• 17:45Caleb Hammer?

  Have you done?

• 17:47Speaker 01

  No, he he he's a stray as an arrow.

• 17:50Caleb Hammer?

  Good.

• 17:50Speaker 01

  Either way.

• 17:52Speaker 01

  You should give you your employees, you don't you could you could save costs, bro. You fire 20 of them, 10 of them.

• 17:57Caleb Hammer?

  We have Adderall.

• 17:58Speaker 01

  Yeah, it's the same thing, right?

• 18:00Caleb Hammer?

  Well, listen, if if you're so moral now, why'd you just start a supplement company and immediately gamble $250,000 of it without telling your business partners? Then you lost it. Is that moral? That's their money and that's their business.

• 18:14Speaker 01

  But you got to understand if you're an analysis, what's the word analyzing everything through your lens? Each relationship is unique, right? So me and my friend, it's like what's mine is his and what's his is mine. Doesn't really matter. It was for

• 18:30Caleb Hammer?

  He consented to that.

• 18:32Speaker 01

  No, but the point is that he could do something like that. If he did it, I'd be like, you know what? He was trying to do something for us and he believed in it.

• 18:39Caleb Hammer?

  Do something. What did you gamble on?

• 18:41Speaker 01

  We had the Patriots to win the Super Bowl and we lost, bro. But that's not the point. The point is if he took one of my cars, sold it because he had a crazy lock. I would be like, that's okay, because he was trying to do something better for us. And that's what friendship is about. There's no There's

• 18:56Caleb Hammer?

  Selling your own car?

• 18:57Speaker 01

  Money that would ever cut my friendship. I could go dead broke, but at least I have my friends. And this is the problem with all the motherfuckers that are like Giga rich. It's that people say, oh, you should be an average of or you're an average of the five people you hang out with. Get rid of your loser friends. I think that's bullshit. I think like loyalty, memory, real love is way more valuable than money. So if I with one of my best friends somehow lost all of my money. All my friends got all access to my money because I trust them and we're all like, like this. And that is more special to me than being in a penthouse in Miami or whatever it might be.

• 19:33Caleb Hammer?

  You don't need to be living like crazy bougie life. I just want to make sure you're taken care of. Listen, you're right. There is no more important things than love, friendship, all that stuff. But real friendship, real love, isn't using the other people's assets to try to benefit themselves.

• 19:46Speaker 01

  No, to benefit us.

• 19:47Caleb Hammer?

  Us, us, is that, I just feel like that's what you're telling yourself.

• 19:51Speaker 01

  Well, he would have gotten half the money if he won. And either way, the point is that, right?

• 19:55Caleb Hammer?

  But he's using your assets to do it.

• 19:57Speaker 01

  Okay, but you can't tell me that, say, say, listen. Say I'm wrong 20% of the time. Or whatever percentage was be, or might be. Every decision in my life, leading up to now, has made me very successful.

• 20:12Caleb Hammer?

  Hold on, what, how do you quantify success? Cause your net worth, as far as I see on paper, isn't anything substantial. I'll be completely honest.

• 20:19Speaker 01

  That I get to do whatever I want, I'm on you time. I get to do

• 20:23Caleb Hammer?

  For now.

• 20:24Speaker 01

  Whatever I want, whenever I want, for now, but it is now.

• 20:27Caleb Hammer?

  Until your audience ages out.

• 20:29Speaker 01

  And I've always been on my own time, do whatever I want. Me and my friends do whatever we want. We're going to Cabo next week. We rented out 20 rooms for, just for fun, because we do whatever we want. And that is my idea of success, is that no one tells me what to do at any point, because I'm just, we're all, bro. We're all just floating on this rock, bro.

• 20:50Caleb Hammer?

  No one tells me what to do either, but I'm at least set up for success. If I get married, if I have kids, I'm taking care of them. I'm making sure the people around me, my employees, are taken care of. If I have a down month, down year, I know we can sustain ourselves.

• 21:04Speaker 01

  Yeah, okay, so.

• 21:05Caleb Hammer?

  Your employees are if you lose it all.

• 21:07Speaker 01

  My employees are happier than your employees, because I just bought him a Rolex, because I was in a good mood, whatever. Because I changed his life, just being, listen, listen.

• 21:17Caleb Hammer?

  Okay.

• 21:17Speaker 01

  You gotta understand this. How much you, you care about your employees, just a dollar amount. You say, here's what you get, is dollars, I care about my employees.

• 21:26Caleb Hammer?

  You get him health insurance?

• 21:27Speaker 01

  As people, bro.

• 21:28Caleb Hammer?

  You get him health insurance?

• 21:29Speaker 01

  So now, that's more dollars you're giving them?

• 21:31Caleb Hammer?

  No.

• 21:31Speaker 01

  I sit down with them, I sit down with them. No, no, I, if, if he went to the hospital, I'd sell my car to make sure that his, if his mom went to the hospital.

• 21:39Caleb Hammer?

  Unless you lose it in a bet before.

• 21:40Speaker 01

  I'd sell my house, but that's the bet.

• 21:41Caleb Hammer?

  You lost it already.

• 21:42Speaker 01

  They're betting on you, but the problem with betting on you, is they will never have the love that I give them, because you're sitting there, oh, sorry, it doesn't work with the counting team. I'm like a person running off emotions. If his mother was in the hospital, I'd sell my house a heartbeat, even though he only makes a thousand a month.

• 21:57Caleb Hammer?

  You lost it, dumbass.

• 21:59Speaker 01

  I have another house right there, dude.

• 22:00Caleb Hammer?

  Until you lose it, then you can't take care of them.

• 22:03Speaker 01

  You gotta understand.

• 22:04Caleb Hammer?

  That's your twink?

• 22:05Speaker 01

  You gotta understand. The way I've set it up is that sure, I spend crazy. If it ever hit the fan, I bring in a million a month. Easy.

• 22:16Caleb Hammer?

  For now.

• 22:17Speaker 01

  I've been bringing in a million a month.

• 22:19Caleb Hammer?

  1.94 is not a million a month.

• 22:20Speaker 01

  Well, okay, now we're at a million a month, right? You can look at the, I guess I didn't send you the statements.

• 22:25Caleb Hammer?

  Okay, shit, I mean, I got statements.

• 22:27Speaker 01

  I can't, I can't. I can't leak contracts.

• 22:32Caleb Hammer?

  Let me see your YouTube studio. We're not going to show it on screen, but I need to see it. I want to see your demographics. I want to see what earnings are going there.

• 22:39Speaker 01

  There's no monetization. You can show it on camera.

• 22:42Caleb Hammer?

  Why is, why is, why are you not monetized?

• 22:44Speaker 01

  Because it's not, it's not very much money. 20,000 a month.

• 22:47Caleb Hammer?

  Well, 20,000 a month gets him 10,000 hours a month and an other employee 10,000 a month. And healthcare is caring about your employees.

• 22:55Speaker 01

  No, it's putting a dollar value on how much their health is worth.

• 22:58Caleb Hammer?

  Okay.

• 22:58Speaker 01

  My, his health is worth my entire net worth.

• 23:02Caleb Hammer?

  No, your net worth isn't that much. If you got cancer, your net worth wouldn't cover it.

• 23:06Speaker 01

  If I needed to, I could work harder, spend less and make a 1.5 a month, 2 a month, and then pay it off, whatever. Just because I spend 300 racks on private jets doesn't mean I can't stop because something else comes up.

• 23:17Caleb Hammer?

  That's the thing. I don't know if you could. You might gamble it, you might lose it. I don't think you can say I could spend less.

• 23:24Speaker 01

  You don't know, but I know because I know above any addiction that I have, I care about people above all else. Right? So.

• 23:31Caleb Hammer?

  Says every addict.

• 23:33Speaker 01

  Says every addict, but I can stand on that business because I have spent millions of dollars. I've sacrificed millions and millions, tens of millions of dollars. For example, the Evor thing. My best friend owns half of it. No, no, listen, listen. My best friend owns half of it, right?

• 23:47Caleb Hammer?

  Half of what?

• 23:48Speaker 01

  The business, Evor, right? So he.

• 23:50Caleb Hammer?

  Is that your business?

• 23:52Speaker 01

  Yeah, yeah, 50/50.

• 23:53Caleb Hammer?

  Evor is your business?

• 23:54Speaker 01

  Yeah, I own 150% of it, owns the other 50%. I have.

• 23:57Caleb Hammer?

  You own 100% or 50%?

• 23:59Speaker 01

  No, no, you get what I'm saying. See, we're back to the semantics. You, you keep going back to the semantics, trying to distract me from my point. The point is.

• 24:05Caleb Hammer?

  I'm just making fun of you.

• 24:06Speaker 01

  He is, um, he, he, I gave him a big opportunity and gave up on big investors. I had other people that could build me better infrastructure, but I wanted to build a business with my friends. You know what I mean? So that's why I sacrificed building my business, exponentially scaling it to give it to him.

• 24:24Caleb Hammer?

  Exponentially scaling it? Okay, fine, what's it worth? What's it valued at if you were to sell it today? Can you answer that? Listen, you don't have what people would say is necessarily a sustainable audience. New viewers is 24%. Your demographics are young, they move on easier. You want that established like that. That 25 to 44 crowd, they stick around. You have a decent chunk of the 25 to 34, but your second biggest chunk by far is 18 to 24.

• 24:49Speaker 01

  It's not about YouTube, it's about me. Everything I do, I'm gonna win at. So it doesn't matter if it's YouTube, I could go over and become Mr. Olympia, I could be the best bodybuilder in the world. I could go to the moon if I wanted to, and then I'm gonna get rich.

• 25:02Caleb Hammer?

  Objectively, no. How are you going to the moon?

• 25:05Speaker 01

  Factually, I could. And you can't.

• 25:07Caleb Hammer?

  How? Define that.

• 25:09Speaker 01

  It's not important how, because I could.

• 25:10Caleb Hammer?

  Yes, it is.

• 25:11Speaker 01

  And that's what you don't understand.

• 25:12Caleb Hammer?

  If you say you can.

• 25:13Speaker 01

  I live on Mars, I can do anything and I will do everything. And you'll never understand that, and I couldn't explain to you that I could be the president. I could be in the NBA if I wanted to in five years. And that's just how I operate with everything. And it's like, dude, alright.

• 25:26Caleb Hammer?

  You suck with money, so you download a budgeting app. You start with the classic one, YNAB, but everyone just deletes it because it's way too complicated to use. So you go to EveryDollar, that's Dave Ramsey, the personal finance guy, right? Well, they're gonna force you to use it his way. That's not very personal finances. Rocket Money, they got a lot of commercials, but they're owned by Rocket Mortgage. Guess what they want to sell you in the end? Then there's the new guy on the block, Monarch. Hundreds of millions of dollars of private equity raising so far. But private equity doesn't have the best track record when it comes to private data. That's why I like Dollar Wise. Built by these people just like you, for people just like you. No private equity, no gimmicks, just the best budgeting app there is.

• 26:10Caleb Hammer?

  Download it now, start the free trial, dollarwise.com, link in the description below. That's kinda f***ing stupid, I'll be honest. But what's not is actually getting a checking account that gives you free money. Free money, we like free money. You can get up to $350 in bonus cash right now when you sign up for the checking account that I use, Chime. Also, it makes your savings grow at a 3.5 APY interest rate. Guys, you can watch Financial Auto. And get free money at the same time. Who would have thought? That's incredible. Check it out. Link in the description below. Sign up for time. Get that $350 right now in your checking account. Dude, because you struck success once does not mean you're gonna be an Olympian. This is not how this works, man.

• 26:53Speaker 01

  Okay, listen, listen. It's not about how, okay, if we wanna talk about striking success multiple times. I was a millionaire when I was 19, then I went broke. And then I made like a few hundred thousand dollars on my pursuit. It was like maybe half a million dollars on my pursuit to like YouTube. Failed again. So it's like, how do you quantify success if it's just money in three different times?

• 27:17Caleb Hammer?

  Huh? I don't even think you're a millionaire now. The savings I have here is $391,000 total.

• 27:22Speaker 01

  Oh, yeah, dude.

• 27:22Caleb Hammer?

  Plus a hundred thousand dollars of debt.

• 27:23Speaker 01

  Pepe Holdings?

• 27:25Caleb Hammer?

  Uh huh.

• 27:26Speaker 01

  300,000 in Pepe. But no, okay, I don't know.

• 27:28Caleb Hammer?

  A hundred thousand dollars of debt.

• 27:29Speaker 01

  Quantify what a millionaire is? You have a million dollar net worth?

• 27:33Caleb Hammer?

  Versus liability. Your liability, as far as I see here is a hundred thousand, but you say there's another house. Do you have loans on that?

• 27:40Speaker 01

  Yeah, yeah. Did we not tell you, show you the other house?

• 27:42Caleb Hammer?

  No.

• 27:43Speaker 01

  Eight hundred thousand in equity and?

• 27:45Caleb Hammer?

  Who's we? Who pulled your statements?

• 27:46Speaker 01

  Gerd.

• 27:48Caleb Hammer?

  Okay, that's, that's the guy. The guy that runs shit.

• 27:50Speaker 01

  Yeah.

• 27:51Caleb Hammer?

  Gerd.

• 27:51Speaker 01

  Yeah. But either way, the point is, um. Okay, am I a millionaire? Maybe. Probably.

• 27:58Caleb Hammer?

  Maybe with the house. I don't know what the?

• 28:00Speaker 01

  Well, I mean, I have like what? My car collection is like two and a half million.

• 28:05Caleb Hammer?

  Any leverage on those? I mean, I have a hundred thousand dollar car loan, I think, right?

• 28:08Speaker 01

  56,000 on the Huracan.

• 28:10Caleb Hammer?

  Okay, you, you showed up with like, uh. What was it? Rolls Royce the other day? When you filmed Ice Coffee Hour? You own that?

• 28:17Speaker 01

  I own every car.

• 28:19Caleb Hammer?

  Right out or is it cash?

• 28:20Speaker 01

  Huracan. What's right out cash? No, no loan.

• 28:23Caleb Hammer?

  No loan on it? Okay, well, they are, cars in general are depreciating assets and that league gets a little different.

• 28:29Speaker 01

  We're just talking, you were just like, oh, is he a millionaire? Oh, I don't know. He has a $700,000 Volvo, a 500,000, no, 300,000 dollar Rolls. That's a million dollars right there.

• 28:38Caleb Hammer?

  That's pretty close, but your liabilities, we have to take into account that. I don't know what your liabilities are, cuz you couldn't send everything.

• 28:43Speaker 01

  I don't know what they are. It's just a house loan. And then I own my home with 30 racks.

• 28:46Caleb Hammer?

  What? You own two homes? Still?

• 28:48Speaker 01

  No, no, no, just this home. 800,000 equity.

• 28:51Caleb Hammer?

  And then something 30 racks? What is 30 racks?

• 28:53Speaker 01

  I just owe a friend that is like a gambling.

• 28:55Caleb Hammer?

  You owe a friend 30, okay. For like degenerates, what is it? What is a, what is a rack?

• 29:02Speaker 01

  Oh, thousand.

• 29:05Caleb Hammer?

  Okay, why do you own thirty?

• 29:08Speaker 01

  Oh, I don't know, I was about eh.

• 29:10Caleb Hammer?

  Are you not afraid of retirement? Because that's what I'm afraid of. I'm going into this conversation thinking about, how do we get you to the point of any kind of stability? If anything were to happen, you'd be fine. That's my big conversation I'm trying to have here.

• 29:19Speaker 01

  Okay, well, the thing is, um, I don't want to retire at any point, because what do you do?

• 29:26Caleb Hammer?

  No, no, no, it's a sense of security. If something goes to shit, it gives you a chance to build back up.

• 29:30Speaker 01

  That if anything like, okay, what in your head, like, what is like going to shit mean?

• 29:38Caleb Hammer?

  Lose all your income, income zero.

• 29:40Speaker 01

  How would that happen?

• 29:41Caleb Hammer?

  It happens to people all the time. Businesses go under every single day. Billionaires go to zero. This happens, and you're not special in that regard.

• 29:49Speaker 01

  Are you kidding me?

• 29:51Caleb Hammer?

  In that regard, compared to people with billion dollar businesses? No.

• 29:54Speaker 01

  Those, and you're telling me they just lost a billion dollar business, income zero, and then they die?

• 29:58Caleb Hammer?

  Yes, you never know with that.

• 29:59Speaker 01

  That does not happen. And A, B, it would never happen.

• 30:02Caleb Hammer?

  With like tax fraud?

• 30:03Speaker 01

  Speak that into existence, because that would never happen to me.

• 30:06Caleb Hammer?

  I hope it doesn't happen to you.

• 30:07Speaker 01

  Out of your mouth is like you putting this into the world, an idea that would never happen. That's like me sitting here like saying like,

• 30:12Caleb Hammer?

  It's happened to people.

• 30:13Speaker 01

  It's happened to people, but it would never in a million years happen to me, because dude, you have to understand who you're talking to, the man that can go to the moon. I live on Mars, nothing. I could lose it all and make it back. And dude, it's also like, bro, I have such, this is the difference, right, between like you and I? I care so much for people that I'll go broke for a person.

• 30:35Caleb Hammer?

  Say I don't.

• 30:36Speaker 01

  I, but no, but you, you put a monetary value.

• 30:39Caleb Hammer?

  So they can live their lives independently.

• 30:41Speaker 01

  Insurance and you're gone, whatever. I'm sorry.

• 30:44Caleb Hammer?

  Hey, Togi, guess what?

• 30:45Speaker 01

  Cancer doesn't fit our statements.

• 30:47Caleb Hammer?

  No, Togi, first of all, listen, if you do have assets, let's say, two million dollars, if someone gets an aggressive form of cancer and they need extensive treatment, that costs, might make cost millions, something you can't cover by liquidating everything. Number two.

• 30:58Speaker 01

  I make a million dollars a month, I'll cover it in three months, no problem. You have to understand this.

• 31:02Caleb Hammer?

  Now when you're over at a seven fifty a month.

• 31:04Speaker 01

  Understand that karma is a very real thing. I think because I am so charitable, that I'll always have the universe working for me. It's not about the numbers, it's about the vibes. I'm trying to explain to you how important the vibes are. Of this life and it's like you got everything gotta be on a spreadsheet for you.

• 31:26Caleb Hammer?

  No, it's and number two.

• 31:28Speaker 01

  The vibes are very important.

• 31:28Caleb Hammer?

  If he leaves for whatever reason, either forcefully or he leaves on his own. You don't take care of him anymore, but if he was making enough, he could set aside money.

• 31:40Speaker 01

  He's my friend, employee aside, he's my friend for life now.

• 31:43Caleb Hammer?

  Friend now, not everyone's friends forever. It happens.

• 31:46Speaker 01

  No, under that.

• 31:47Caleb Hammer?

  You've never lost a friend in your life?

• 31:49Speaker 01

  I've ever lost a friend?

• 31:50Caleb Hammer?

  Not once.

• 31:51Speaker 01

  I have about seven friends.

• 31:54Caleb Hammer?

  Ever.

• 31:55Speaker 01

  Never. I have seven friends and I would die for every single one of them. Twenty-three.

• 31:58Caleb Hammer?

  Well, that's why. I mean, dude, you just don't have life yet.

• 32:01Speaker 01

  No, no, you can't say, you can't say something's gonna happen to me because I've not lived enough.

• 32:05Caleb Hammer?

  No, it's just happened.

• 32:06Speaker 01

  That's like having this, okay, surely it happens to other people, but it's gonna happen to you just because you don't understand. You, you're talking to me like I don't understand my own friendship and you're trying to again, put this numerical value, this statistic on my friendship, on my love lives, that's never gonna happen to me.

• 32:22Caleb Hammer?

  Toke, you're not listening.

• 32:24Speaker 01

  I'm listening and you're telling me because it happens to everybody else, it's gonna happen to you.

• 32:28Caleb Hammer?

  I'm not saying it's going to happen to you. I'm saying because it is so common, there is a decent chance.

• 32:33Speaker 01

  That's what I just said.

• 32:33Caleb Hammer?

  And if it does, they're [bleeped] because you didn't take care of them to prepare themselves.

• 32:39Speaker 01

  Here's the thing. If a friendship somehow were to fizzle out, because of the many, many, many years of me getting to know that person, building connection, love doesn't just evaporate. If I love somebody and we had a falling out and something happened, I would still send them a million dollars and I can say that with a hundred percent confidence.

• 32:57Caleb Hammer?

  What if you died at thirty-five because you stepped in the street, got hit by a truck and they're sixty trying to survive?

• 33:02Speaker 01

  I give every one of my friends the best opportunity. Right now, we're teaching Edward how to work hard. We're teaching, we're giving half of my business to them.

• 33:10Caleb Hammer?

  Proud of you, Edward.

• 33:11Speaker 01

  I work, I, every single person in my circle, I don't just give them, you know, money so that they can save up and make their little hundred thousand. I give them the opportunity to become something incredible in their mind.

• 33:25Caleb Hammer?

  What behavior has Edward learned being around you who lost his house gambling?

• 33:29Speaker 01

  Dude. Just me sitting here on this podcast talking to you is something that like he was never exposed to before this world. It's like now he's in a room with you.

• 33:39Caleb Hammer?

  What did you learn from this Edward?

• 33:41Speaker 01

  He's going to learn something at the end of it because he's in a room with a goaded, financied, go to YouTuber. Look at this. He's sitting in the room with one of the goats. You're telling me that's not valuable? If you were sitting in a room with Jay-Z, you're gonna say, you know, what did I learn really from that?

• 33:54Caleb Hammer?

  Yeah, but you're like the only influencer to even come on the show. He would come here as a normal person. We film with three normal people regardless, like.

• 34:00Speaker 01

  That doesn't strip it of the value.

• 34:02Caleb Hammer?

  Yeah, but he could have come here regardless.

• 34:04Speaker 01

  I'm saying he's here with you now. Yesterday, he was hanging out with Steve Will Do It, one of the biggest YouTubers in the world. And the day before that, he's with the Trent Twins, two of the best power lifters in the world.

• 34:14Caleb Hammer?

  He meets cool people. What is he learning?

• 34:16Speaker 01

  Year eight production. He gets to be learning in these circles and then we do like whatever. Reflection of everything, understanding what's going on.

• 34:24Caleb Hammer?

  Reflection led to a pay cut.

• 34:26Speaker 02

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

• 34:55Speaker 01

  Yes, that's how it works, bro. If I kept blowing smoke up his ass, oh, good job, good job. Then he's gonna keep thinking he's doing incredible, but by saying, okay, this is the reality. I'm not gonna fire you. Your pay cut has, your pay has been cut to effectively zero. Now, it's a wake up call.

• 35:10Caleb Hammer?

  We'll bring him in in the post show and we'll let him speak his truth.

• 35:13Speaker 01

  Yeah.

• 35:14Caleb Hammer?

  Okay, listen, man. So I am about to go into these finances because we do need to get into this. But I think I at least understand where you're coming from a little more now because again, I really.

• 35:23Speaker 01

  That was the getting to know segment?

• 35:24Caleb Hammer?

  Yes.

• 35:25Speaker 01

  Alright, let's dive into the.

• 35:26Caleb Hammer?

  I don't know your perspectives. I don't even know how you view things, but now I kind of do. I didn't really understand it in general. But how frequently are you gambling?

• 35:33Speaker 01

  How frequently?

• 35:34Caleb Hammer?

  Like how frequently are you gambling large sums of money from your million that comes in a month? Which is not a million in profit, by the way. We do not know what your overhead is. You know your labor costs potentially.

• 35:43Speaker 01

  Yeah, but the overhead is a. Uh, fluctuating, but uh, so the, the net income per month to the bank account is 700,000, right? As we've seen.

• 35:57Caleb Hammer?

  I was just told it's a million.

• 35:58Speaker 01

  No, no. And then I make, uh, 300 plus through other schemes that might never like the gambling and stuff.

• 36:06Caleb Hammer?

  Oh, so that's if it happens?

• 36:08Speaker 01

  No, no, no. There's like deals in place that guarantee that amount, but that's like my, so that's my, um, gambling budget.

• 36:14Caleb Hammer?

  Okay. What did you, what did you pay for this, uh, underperforming video that you uploaded six hours ago?

• 36:24Speaker 01

  Um, I thought it performed very well.

• 36:29Caleb Hammer?

  Can I see?

• 36:29Speaker 01

  Yeah.

• 36:30Caleb Hammer?

  And I'm, I'm, I'm just assuming not. I mean, I'm not.

• 36:36Speaker 01

  It's performing. Well, you can look at it.

• 36:38Caleb Hammer?

  Yeah. What's it rank?

• 36:38Speaker 01

  Four out of 10.

• 36:39Caleb Hammer?

  Oh, okay. It seemed like it was on the lower. So what did that cost for 53 minutes, 18 cents of non monetized content?

• 36:45Speaker 01

  900,000.

• 36:46Caleb Hammer?

  Okay.

• 36:47Speaker 01

  Actually a million, a million, probably two.

• 36:48Caleb Hammer?

  Okay. And you make a video a month?

• 36:51Speaker 01

  Yeah.

• 36:51Caleb Hammer?

  And if a million's coming in, I mean, that's a million out plus more.

• 36:55Speaker 01

  But it was, so you have to understand this, you, you, I feel like you are lacking in life, um, epic experiences and you have a lot of money. That video is going to make whatever, however many people laugh, but I get to cherish those memories forever. And that video, it's like having a cool car. So it's like you spent a million on a cool car. That's the same for the video. I got to spend whatever and it's going to do a few million views. Will it ROI? Probably not, but that's the pursuit. Listen, listen, the pursuit of better is shooting shots and it might not work. I took the risk. 900,000. I took the risk. Will it ROI? I will find out. And if it doesn't, that's okay. Because now I know I tried. I never have to ask,

• 37:38Speaker 01

  what if I tried to do a high production video? What if I tried to do something that was way out of my league, but I'm trying to get there? Maybe it doesn't work, but I tried and now I know. So you're judging me on my failures.

• 37:51Caleb Hammer?

  Yeah.

• 37:52Speaker 01

  Aggressively, you should be, I applaud people for their failures. So that's why if I was working for you, I'd be freaking the out. Cause it's like, oh dude, he's gonna, I messed this one thing up. If somebody on my team tries to do something like that's a little outside of the box.

• 38:06Caleb Hammer?

  Yeah.

• 38:07Speaker 01

  Great. If it doesn't work, that's great. We're outside of the box. That's where I live. He's ours. You're sitting here with this cookie clutter cutter. Everything's got a ROI. That makes everything less exciting.

• 38:17Caleb Hammer?

  Payroll to hit, man. People deserve to actually be paid adequate amount of money. So I have to make choices and yes, be cookie cutter so that people actually are able to pay for their rent because they don't live with me because we're not in some kind of cult.

• 38:32Speaker 01

  None of that is relatable to me at all. Like you're speaking to me like all my friends were buying. Also, the next thing we're saving up for is a property. We're not renting it out to anybody. It's just for friends to live in.

• 38:43Caleb Hammer?

  Until you lose it. So this living life experiences versus saving. The fact is because of what I've done and put actually money aside, I can live any life experience I want to now for the rest of my life.

• 38:55Speaker 01

  Yeah, but it's not. Listen, it's about how your brain has been hardwired. You won't. It's the same with the coffee hour.

• 39:00Caleb Hammer?

  Well, I'm gonna keep working. No, they're more extreme.

• 39:02Speaker 01

  It's the same as the coffee hour.

• 39:04Caleb Hammer?

  They're more extreme.

• 39:05Speaker 01

  Because they're like, oh, I only have to, I only can spend 4% of my money.

• 39:08Caleb Hammer?

  No, I don't do that.

• 39:09Speaker 01

  You, if they're more extreme, if you're within a 20x range of them, you've been wired your whole life to, I have to save excessively.

• 39:19Caleb Hammer?

  Did you grow up with foreclosure notices on your house?

• 39:22Speaker 01

  I don't even know what that is.

• 39:24Caleb Hammer?

  Okay. Well, I did. That's why I was hired that way. The threat of losing a house, be growing up.

• 39:29Speaker 01

  I have lived in a closet before and it's not that bad, dude. It's like chill. It's not a big deal. I used to live in a closet of frat for free because I couldn't afford it, whatever.

• 39:37Caleb Hammer?

  Dude, you lived in a frat. I mean, that's, that's all it was. I mean, that's, come on. Everyone lives in weird situations in a frat.

• 39:42Speaker 01

  That's what I'm saying is it's not that bad to be effectively homeless.

• 39:46Caleb Hammer?

  Okay, that is not homeless. That is very different than losing a family home and seeing your parents struggle to pay a bill.

• 39:51Speaker 01

  That's fair. So.

• 39:52Caleb Hammer?

  Okay, living in a frat? What the are we talking about?

• 39:54Speaker 01

  Okay, okay, okay.

• 39:56Caleb Hammer?

  Okay.

• 39:56Speaker 01

  That's different.

• 39:58Caleb Hammer?

  I mean, I wanted to rebuttal to something that you said, but.

• 40:01Speaker 01

  About how you're hardwired.

• 40:03Caleb Hammer?

  No, it's not about that. It was about something you were saying.

• 40:05Speaker 01

  Money and not enjoy life.

• 40:08Caleb Hammer?

  With, with your, with your 900 million or a million dollars that you, you spent.

• 40:15Caleb Hammer?

  Other return on investment like I don't know, man. I don't know. What are your goals? What do you want to do?

• 40:20Speaker 01

  Enjoy this life.

• 40:21Caleb Hammer?

  Okay, financial goals.

• 40:23Speaker 01

  Oh.

• 40:23Caleb Hammer?

  That goes into your enjoyment, but what is it?

• 40:26Speaker 01

  I don't think about financial goals too much because there's other things that are more important to me.

• 40:34Caleb Hammer?

  There are, but what financial goals do you have, even if they're not top priority?

• 40:37Speaker 01

  Oh, got you. Um.

• 40:40Speaker 01

  None. I've never really been like, I need a goal, but that's why I'm here is because it will mostly because my mom would be happy if I had a goal. So maybe you can help me make a goal, but the point is that um it's always been so low on my priority that it's never even a goal doesn't get established.

• 40:55Caleb Hammer?

  Do you have a girlfriend?

• 40:56Speaker 01

  Mm hmm.

• 40:57Caleb Hammer?

  Okay, how far are you guys in this relationship?

• 40:59Speaker 01

  I'm dating for like 13 months.

• 41:01Caleb Hammer?

  So, okay, you know, you're taking it more serious?

• 41:04Speaker 01

  No, no, no, that they she knows that we are not getting married.

• 41:08Caleb Hammer?

  You're not getting married?

• 41:09Speaker 01

  Yeah.

• 41:10Caleb Hammer?

  Do you ever want to get married?

• 41:11Speaker 01

  Yeah, but.

• 41:12Caleb Hammer?

  Potential kids?

• 41:13Speaker 01

  You have to understand, I don't know. It's very hard.

• 41:16Caleb Hammer?

  You don't know, but I want you to be able to take care of them if you die. I mean, that's a big thing. What would your girlfriend do today if you die?

• 41:23Speaker 01

  Do your kids need? Isn't it what if you could spend a hundred thousand a year on your kids? Is that's a pretty good life?

• 41:29Caleb Hammer?

  That would be a great life. Are you saying per kid? That would be incredible.

• 41:33Speaker 01

  So let's establish a goal right now. If I maxed out four kids.

• 41:37Caleb Hammer?

  For a hundred thousand hours each for the rest of your life?

• 41:39Speaker 01

  Fifty thousand each because when there's multiple kids, it's like cheaper per kid, right?

• 41:43Caleb Hammer?

  And the wife probably as well, right?

• 41:45Speaker 01

  Let's say I would like to raise four kids to 18 years old. How much money do we need?

• 41:54Caleb Hammer?

  Plus the mother of the children, I'm assuming, right?

• 41:57Speaker 01

  The mother, sure.

• 41:57Caleb Hammer?

  Call her 50, 250,000 dollars. Okay, if you're trying to get to 250,000, 250,000 dollars. Yeah, I mean, I'd be comfortable with about 15 million dollars sitting in a. Decently balanced.

• 42:08Speaker 01

  That is so mu- there's no way you need fifteen million dollars.

• 42:11Caleb Hammer?

  For them to never run out of money, you have to do about a three percent withdrawal on a yearly basis. Absolutely.

• 42:16Speaker 01

  Oh, so, so you're saying fifteen million, you take out three percent every year? And eventually it's at zero when they're eighteen?

• 42:22Caleb Hammer?

  No, it should never be at zero. That's what we're trying to get it to.

• 42:25Speaker 01

  Oh, no, no, but that's what I'm saying is.

• 42:26Caleb Hammer?

  You want it to go down to zero?

• 42:28Speaker 01

  Well, that's what I'm saying is, that's okay. I don't need, that's okay if I die broke and my kids don't have any money, but they had a great upbringing, they learned a lot. I would rather my kids not have fifteen million dollars. I would rather them have a good upbringing, the money's gone at the end, so that way.

• 42:46Caleb Hammer?

  But why were you telling Edward on the way over here that you wanted to have kids?

• 42:49Speaker 01

  Did you, I didn't, that was, somebody was saying that I don't want to have kids. He, he wants me to have a kid.

• 42:55Caleb Hammer?

  He wants you to have a kid.

• 42:56Speaker 01

  The point is, it's a whole thing.

• 42:57Caleb Hammer?

  You can't even take care of him, how can you take care of a kid?

• 42:59Speaker 01

  This is a whole thing. He wants a kid, so he wants me to have a kid, so he feels better about his kid.

• 43:02Caleb Hammer?

  You can't raise a kid on a thousand dollars a month, Edward. How old is Edward?

• 43:05Speaker 01

  Twenty-two. Either way, so the point is, I, I don't want kids, but surely that mentality changes as I mature. But the point is, just tell me how much money, so it's zero. We're not talking about three percent withdrawal rate. How, to get my four kids to eighteen, how many dollars?

• 43:23Caleb Hammer?

  Well, two hundred and fifty thousand dollars a year, times eighteen. And then, and then the mother of them just has to survive off of nothing for the rest of her life?

• 43:29Speaker 01

  No, no, sure, give her a hundred.

• 43:30Caleb Hammer?

  Four point five million.

• 43:31Speaker 01

  Sure, give the mother a hundred thousand dollars a year.

• 43:33Caleb Hammer?

  For the rest of her life, forever?

• 43:35Speaker 01

  No, no, no, the, everybody is only surviving until the kids are eighteen. And then, as far as that goes, once you have kids that are eighteen, your life is over. You might as well be, you know, dead. Because that's like the ultimate.

• 43:46Caleb Hammer?

  Lucky woman who gets to have your children.

• 43:50Caleb Hammer?

  Five point four million.

• 43:51Speaker 01

  Okay, five point four million. So how much is that a year?

• 43:54Caleb Hammer?

  Well, I don't know, how many, how many years to get to it?

• 43:57Speaker 01

  Eighteen years, dude. Divide five point four million by, by eighteen years.

• 44:00Caleb Hammer?

  Yes. Well, how much is that a year? Enough to take care of them. It's a hundred for her and fifty each for per child.

• 44:05Speaker 01

  So how, I, I don't, I don't know what we're talking about. How much money is it?

• 44:07Caleb Hammer?

  Three hundred a year.

• 44:08Speaker 01

  Three hundred thousand a year?

• 44:09Caleb Hammer?

  That's what you asked for, yeah.

• 44:12Speaker 01

  I don't see how I could ever not make three hundred thousand dollars in a year.

• 44:16Caleb Hammer?

  No, I said if you're dead dude.

• 44:18Speaker 01

  Oh, if I'm dead, if I die, but then there's no kids if I die dude.

• 44:21Caleb Hammer?

  Oh my goodness, it's after, it's after the children.

• 44:23Speaker 01

  Oh, the children get born and then I die?

• 44:25Caleb Hammer?

  It's after, yes, that happens in life.

• 44:27Speaker 01

  That, no, no, no, no, then the, the dynamic of the family changes.

• 44:32Caleb Hammer?

  Yeah, they'll be sad and poor.

• 44:34Speaker 01

  They'll be hardworking mother, you ever heard of David Goggins? Holy, one of the coolest badass motherfuckers alive. No father life, no parents, they all, he got around nonstop and now he's the goat. So it's like, bro, the dynamic changes. God has a plan for the kids.

• 44:51Caleb Hammer?

  Yeah, I love making a three-year-old work hard.

• 44:53Speaker 01

  David Goggins is really well off.

• 44:57Caleb Hammer?

  Glad you picked one guy.

• 44:59Speaker 01

  Dude, but if he can't, why can't they? And that's what you don't get is that anyone can do everything. You think everyone needs to save because it's like manifesting your own and everyone else's failure. It's like their own demise is coming, so you gotta be ready for the demise. How about this?

• 45:12Caleb Hammer?

  It's basic finances.

• 45:14Speaker 01

  It's never gonna happen. That's where David Goggins is so successful because it was never a question. When I go into something, there's never a plan B. There's never like, oh, what if this goes wrong? It's called plan A squared.

• 45:23Caleb Hammer?

  Why did he get healthy? Why, why did Goggins get healthy?

• 45:25Speaker 01

  What?

• 45:26Caleb Hammer?

  Why did he get healthy? Cause he was a fat.

• 45:28Speaker 01

  He wanted to join the, the Marines.

• 45:31Caleb Hammer?

  Wasn't out of any fear for health complications at all and having more energy.

• 45:35Speaker 01

  I don't know, did you ask him? I have no idea. In his book.

• 45:38Caleb Hammer?

  You know him, I don't.

• 45:40Speaker 01

  In his book, he did not speak on health complications.

• 45:42Caleb Hammer?

  You read a book?

• 45:43Speaker 01

  No, no, I listened to it.

• 45:44Caleb Hammer?

  Okay, um, I'm assuming if, if it was just to join the Marines, then the point doesn't stand. But if it was for doing more health, if he can do anything, then why can't he be a fat fuck and join the Marines?

• 45:55Speaker 01

  Because to join the Marines.

• 45:57Caleb Hammer?

  Do anything you want. Exactly. And if you want to take care of your kids, you need a bit of money to make sure they're taken care of.

• 46:03Speaker 01

  Of joining the Marines made him skinny as a result. That's not like.

• 46:07Caleb Hammer?

  And the process of making sure your kids are taken care of by the time you die is I say money.

• 46:11Speaker 01

  That's what I'm saying is if I do die. They will figure it out.

• 46:16Caleb Hammer?

  Not necessarily. Many kids don't.

• 46:17Speaker 01

  Yes, bro, cuz and listen, this is setting them up. Just life isn't supposed to be so easy. If I die, my kids are gonna be stronger than I am today.

• 46:26Caleb Hammer?

  I'm not saying make them spoiled.

• 46:27Speaker 01

  Listen, every day, I've had a very good upbringing. And that to a degree, those who go through more trials and more difficult battles have a higher purpose and have a higher ceiling. Because I almost, because I was so blessed and had such an easy life, I am effectively not as hard. I'm not as hardwired as somebody like David Goggins would be. So.

• 46:51Caleb Hammer?

  It's also why you're not afraid of anything bad happening.

• 46:53Speaker 01

  If something bad were to happen, I would pray to God that he has a plan for me and it's gonna make me a better person at the end.

• 47:00Caleb Hammer?

  He does. That plan might be homeless. Cuz it happens tens of thousands a year.

• 47:03Speaker 01

  You can't say that nothing is bad that happened to me in my life. I almost died last year. I overdosed and I almost died. That's fundamentally bad.

• 47:09Caleb Hammer?

  Well, that's your choice to do drugs, asshole.

• 47:11Speaker 01

  Yeah, just cuz it was my, that doesn't mean it wasn't bad. The point is, that's why I don't bring it up cuz it's my own fault, right?

• 47:15Caleb Hammer?

  It's if you did an emergency fund.

• 47:17Speaker 01

  But listen, just because something is bad doesn't, it might be a blessing. God has a plan. And just because something, whatever, you're, that, that, again, countless people become stronger cuz their trials. Now, their ceiling is unlimited.

• 47:31Caleb Hammer?

  Countless people become homeless every single day in this country and they believe in God and that's their plan. And that's the plan that was made for their lives.

• 47:39Speaker 01

  You are putting too much value.

• 47:42Caleb Hammer?

  On security?

• 47:44Speaker 01

  Money.

• 47:44Caleb Hammer?

  Security.

• 47:45Speaker 01

  Who's to say that anybody doing much less than you isn't, you've never asked.

• 47:51Caleb Hammer?

  What?

• 47:51Speaker 01

  It was like, okay, what I'm saying is, I know a lot of billionaires that are depressed and I know a lot of homeless people that are depressed. It's not about.

• 47:57Caleb Hammer?

  It doesn't make you happy. I'm not trying to make you happy. I already know you're happy. I'm arguing for a little sense of security. If your life turns on its head, you might be a paraplegic tomorrow. You don't know what's gonna happen, dude. And that's all I'm saying. It happens to people every single day.

• 48:10Speaker 01

  And that's what I'm saying is, okay, if I become a paraplegic.

• 48:12Caleb Hammer?

  Buy your happiness.

• 48:13Speaker 01

  Okay, if I become a paraplegic. Okay, what are you saying? I should have, if I, so your picture that you're painting right now is 10 years, I get both my legs cut off, or something of that nature?

• 48:24Caleb Hammer?

  Yeah, you dive into water wrong, dude. And it happens all the time. It's happened to people I know, actually. It's kind of crazy.

• 48:29Speaker 01

  And so what's the point?

• 48:30Caleb Hammer?

  Then you're not going to be able to produce the same kind of content. Your audience, your views are gonna fall off.

• 48:35Speaker 01

  It's not about the YouTube views.

• 48:37Caleb Hammer?

  No, it's about security. I want to make sure you can take care of yourself for the rest of your life.

• 48:41Speaker 01

  I can take care of myself because I'm Togi. Not because I got a YouTube channel.

• 48:46Caleb Hammer?

  So your ego.

• 48:47Speaker 01

  Yes.

• 48:48Caleb Hammer?

  Uh huh.

• 48:49Speaker 01

  But I feel like you're not understanding, um, well, to, every successful person has this to a degree. You used to be very unsuccessful and whatever, and you became something magnificent. You had a degree of delusional ego in your own head. So you, you're not necessarily showing it.

• 49:08Caleb Hammer?

  I say ego's bad, but if it's putting you in a position where you're gonna, you might [bleep] up your entire life if something goes bad, that could be damaging.

• 49:14Speaker 01

  Life is risky.

• 49:15Caleb Hammer?

  Okay, and that's why you overdose, and that's not good.

• 49:17Speaker 01

  Yeah, and that's not great.

• 49:19Caleb Hammer?

  So [bleep] life is risky.

• 49:21Speaker 01

  Dude, life is risky, and I, me overdosing may have potentially inspired millions of people to get off of drugs.

• 49:28Caleb Hammer?

  Oh, good, do it again. You'll save more.

• 49:30Speaker 01

  You're not saying, no, but then I might die.

• 49:32Caleb Hammer?

  Yeah, so what the [bleep] are we saying?

• 49:34Speaker 01

  Because what I'm saying is that you're sitting here walking on like this line of like, oh, everything is [bleep] and I gotta be so careful. I don't want to live like that. I just want to be able to do, you know, whatever and come, it's more exciting to have all the risk coming at me.

• 49:48Caleb Hammer?

  Unfortunately, your drug use incentivized and inspired Brandon to do drugs instead of quitting, so.

• 49:55Speaker 01

  Is this true? You did drugs because of Togi? Yes, sir. Alright, so that, in that case.

• 50:00Caleb Hammer?

  What did you overdose on?

• 50:03Caleb Hammer?

  I thought you said you barely tried it, but you did a lot or something. So the first time you ever did it?

• 50:08Speaker 01

  No, that was many times in.

• 50:12Speaker 01

  Listen, bro, my experiences, I could, bro.

• 50:15Caleb Hammer?

  And you're done? You haven't?

• 50:17Speaker 01

  Yeah, I've been sober for about four months. In that four months, I had one night where I did cocaine until maybe 16 months ago.

• 50:23Caleb Hammer?

  Okay, okay, so you relapse often?

• 50:26Speaker 01

  No, no, in the last four months, I relapsed once. I got really racked about till 10 a.m. So we're making good progress.

• 50:32Caleb Hammer?

  In the last four months, yes, you've relapsed, but and also before the most recent four months and the 16 months that you went to.

• 50:40Speaker 01

  After I overdosed, there was not any second of like, we should stop. I, there was, that's the life of a drug addict.

• 50:46Caleb Hammer?

  Now, why have you stopped now?

• 50:47Speaker 01

  Um, that's a good question. Life is just too busy to be, uh, giga racked on all the time. But either way, I don't plan on being sober forever. I'm just like mad busy and then I just like to haven't done drugs in four months.

• 51:03Caleb Hammer?

  Isn't that what helps with? Not to sell you on it, but.

• 51:06Speaker 01

  Not really. It kinda helps you like make really bad decisions and gamble like for 20 to 80 hours straight.

• 51:12Caleb Hammer?

  Wait, so all the content, oh, all the content that everyone was watching until a few months ago was out content?

• 51:18Speaker 01

  No, there's, there's like specific videos that I can tell you and then a lot, so the drugs like rotate. We say as like, because whatever, that's what I overdose on, but there's like, the video, why not you? I was on Adderall for the whole thing, like really racked, like 100 milligrams Adderall, the whole thing. And you can pretty clearly tell like when Togi gets on the camera, is that guy on Adderall? Adderall was my favorite.

• 51:38Caleb Hammer?

  What was your most out video?

• 51:40Speaker 01

  No, no, I didn't usually do it on camera. That was just like for the love of the game.

• 51:47Caleb Hammer?

  And don't forget, I want you to be on the next episode of Financial Audit. So go to calebhammer.com slash apply or click that link in the description below. You'll have a great time and I'm gonna roast the fuck out of you. Starbucks is bullshit and a waste of money and you already know that by making your coffee at home and investing the rest. So now you need to do that with your energy drink as well. Make Gamer Subs at home for just 40 cents a serving. And honestly, it literally tastes better and we proved this accidentally via a blind taste test in our Hammer Elite show, Fat and Fatter.

• 52:21Speaker 01

  The number one ranked energy drink is Gamer Subs. Literally, the cherry flavor is insane.

• 52:28Caleb Hammer?

  Listen, you can also get free samples to see if you like it or 10% off your order at gamersubs.gg or click that link in the description below. Type in code Caleb.

• 52:39Speaker 01

  But dude, okay, what is the big deal? I feel like, why are you so judgmental, dude? It's chill, bro.

• 52:45Caleb Hammer?

  What? I'm asking questions.

• 52:47Speaker 01

  No, no, but you're like, say, there's like, okay, like, he did for the love game. It's like, okay, it's like, dude, yeah, I did.

• 52:51Caleb Hammer?

  I'm lying, I'm taking it in.

• 52:53Speaker 01

  It was really awesome. But the point being is that it's like, dude, okay, whoa, whoa, whoa. You're gonna have to accept the fact that some people like a slightly riskier life.

• 53:04Caleb Hammer?

  I'm okay with a riskier life. I'm okay.

• 53:06Speaker 01

  Now, you've been busting my balls about it, but, okay, I agree.

• 53:08Caleb Hammer?

  I'm just advocating for one thing. You set aside a couple million.

• 53:12Speaker 01

  Okay, okay, okay. Give me the game plan.

• 53:14Caleb Hammer?

  Okay, the game plan, and I'm gonna go through these finances right now, and then we're gonna go through it. I literally just want you to set aside a couple million dollars, five million dollars, and then just pretend like it never exists, and you can blow the rest. I don't give a [bleep]. That's it. Can we just agree on that?

• 53:25Speaker 01

  Okay, so I should set aside five million?

• 53:27Caleb Hammer?

  Just that.

• 53:27Speaker 01

  All right, I'll set aside five million.

• 53:29Caleb Hammer?

  You can live a good life with that.

• 53:30Speaker 01

  How do I do that?

• 53:31Caleb Hammer?

  What is, I wanna know, from your perspective, how would you rate your finances, zero to 10, as a big picture? Zero being the absolute worst, 10 being the absolute best?

• 53:40Speaker 01

  Nine.

• 53:43Caleb Hammer?

  If you want your Hammer Financial Score, get it at CalebHammer.com. Just takes a few minutes to sign up. You take the score and...

• 53:48Speaker 01

  There's a thing that does it?

• 53:50Caleb Hammer?

  Yeah, there's a thing that does it, and thousands of people do it daily. You can do it, and it is free, CalebHammer.com. And if you don't wanna be like Togi, don't do [bleep]. And also make sure to download the Dollar Wise Budgeting App. It is the best budgeting app out there for a reason. Take the free trial, so if you like it. Most people take the annual version, cuz it saves them 50% on their money. And of course, when you do, I will send you my signed Budget Friendly Cookbook mailed directly to you, and that is going away at the end of March. So, check that out. DollarWise.com, CalebHammer.com. Let's see Togi's money of the statements he did send.

• 54:19Speaker 01

  You use [bleep] thing in the ad. You like, it's cool, it's fun, right?

• 54:22Caleb Hammer?

  What the what?

• 54:23Speaker 01

  The [bleep] thing. You're like, oh, don't be like Togi, the [bleep]. Cuz it's like, you know, engaging, exciting, whatever. I think you secretly, like, I think we're gonna be friends after this, because you love how crazy it is, and like, part of you is like, living vicariously. It's like, I shouldn't, but that's awesome. Like, secretly, you're an advocate for the degeneracy.

• 54:40Caleb Hammer?

  Oh, I'm a [bleep] degenerate. I'm a degenerate. We have different degenerates.

• 54:44Speaker 01

  Hmm.

• 54:45Caleb Hammer?

  I'm a sex degenerate. It's well-established on this show. I'm a degenerate in a lot of ways. I'm just not a drug guy. I'm just not a drug guy. Never been my thing.

• 54:54Speaker 01

  You ever bang?

• 54:56Caleb Hammer?

  So platinum card.

• 54:58Speaker 01

  It's like a common thing, Togi loves whatever, but I thought we were like, I was trying to create like a bridge, some common ground here that we could like shoot this shit about like, how about that? Like, what if we bang at the same one point in our lives? But it's, it's cool. We can talk about it after, but on to the finances.

• 55:13Caleb Hammer?

  Your platinum card, what goes on with this card?

• 55:16Speaker 01

  I don't know, because I have my mom, my dad, my sister, my grandma, my roommate and me on it.

• 55:21Caleb Hammer?

  Your roommate? What? Isn't he your roommate?

• 55:24Speaker 01

  Oh, he also has the AMEX.

• 55:26Caleb Hammer?

  Everyone in the world has it. Why don't I?

• 55:30Speaker 01

  Because you're rich as. Why the?

• 55:33Caleb Hammer?

  So.

• 55:33Speaker 01

  For, bro.

• 55:34Caleb Hammer?

  So.

• 55:34Speaker 01

  You don't need more money, bro. Don't be greedy.

• 55:37Caleb Hammer?

  Well.

• 55:37Speaker 01

  Grandma is poor and she needs the AMEX.

• 55:40Caleb Hammer?

  If you make millions a year, why is she still poor asshole?

• 55:43Speaker 01

  Here's the thing, right? If I were to like, give my grandmother any amount of anything, I secretly have, I didn't tell you about this, and I don't even want to tell the camera, but.

• 55:54Caleb Hammer?

  Well, don't.

• 55:55Speaker 02

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

• 56:24Speaker 01

  In a secret place, there's about 400,000 saved for my grandmother. But.

• 56:29Caleb Hammer?

  In a secret place?

• 56:30Speaker 01

  That's like gigatop secret, but either way.

• 56:32Caleb Hammer?

  Is it? Am I leaving it in or is it?

• 56:34Speaker 01

  You can leave it in, you can leave it in, whatever. But the point is, bro, um, they would kill me if I like bought them a Tesla or something or whatever. So if my grandma takes the card and she likes to show her friends, they like go to their like, uh, little Asian meetup and she goes, this is my grandson's card. And if she pays for the lunch once a month, she loves it. That's all she does with the, the credit card. You.

• 56:54Caleb Hammer?

  Are they proud of you as an Asian?

• 56:56Speaker 01

  Yeah, you know what's so funny? Oh, my God, my grandpa, so four grandkids, everyone goes to college. Very strict. Oh, get a PhD, super strict. I dropped out of college and they're like, you have to go to college every day. You have to go to college. You have to go to college. And then I showed my grandpa that I was making whatever 700,000. What is the number? It was six, 700,000 a month. And he's like, he tried to get all the other grandkids to drop out and work for me because he's like, what the are we doing getting PhDs when he makes what a doctor makes? Every month.

• 57:24Caleb Hammer?

  I am confused because 200 or 628,000 is what came in.

• 57:27Speaker 01

  Okay.

• 57:28Caleb Hammer?

  This is a low month. You said a million comes in. 628. This was last month. Yeah, last month, man. That's it.

• 57:35Speaker 01

  Um, well, that, yeah, I guess it varies a good bit. That seems really bizarrely low. The this.

• 57:40Caleb Hammer?

  And he spent more than half of it.

• 57:41Speaker 01

  February, February.

• 57:42Caleb Hammer?

  Unless I don't have all your accounts, man.

• 57:44Speaker 01

  February, we came back at like 1.6.

• 57:47Caleb Hammer?

  I don't know. Maybe the business did, but maybe I don't have that. Maybe your net is just that. And then he spent more than double it.

• 57:53Speaker 01

  Yeah, I don't know.

• 57:54Caleb Hammer?

  Is this paid off every single month? Okay, I think so as well. And it's because of.

• 58:04Caleb Hammer?

  Moke? What's his name?

• 58:06Speaker 01

  What are we talking about?

• 58:07Caleb Hammer?

  Fuck, what's his name? Dirk?

• 58:09Speaker 01

  Gerd.

• 58:09Caleb Hammer?

  Oh, Gerd. It's because of Gerd. Gerd pays this off every single month.

• 58:13Speaker 01

  I don't know how it happens. I pay it somewhere.

• 58:16Caleb Hammer?

  But via Gerd.

• 58:17Speaker 01

  No, no, I actually.

• 58:18Caleb Hammer?

  Do you live with Gerd?

• 58:19Speaker 01

  Yeah, yeah. Gerd's one of my best friends.

• 58:21Caleb Hammer?

  And he, we trust him financially.

• 58:25Speaker 01

  Uh, it's, doesn't really matter.

• 58:29Speaker 01

  I could get somebody that I trust more financially, but I would rather Gerd grow into a person that I can trust financially because I trust him as a friend. So if I, if he learns the skills and he me out of a few million dollars in the process of learning the skills, then we're the Giga team. And then I invested a few million is in his education. And then it's like, Togi really can't be stopped. Bro, in six years, when everybody on my team, we know what we're doing, it's gonna be awesome.

• 58:52Caleb Hammer?

  What if Gerd is siphoning money and you don't know about it to himself?

• 58:55Speaker 01

  He would never do that.

• 58:56Caleb Hammer?

  How do you know? What if he thinks it's moral? What if he doesn't even consider it siphoning?

• 59:01Speaker 01

  He's smart enough to know there's what is siphoning and what is not. I would never check it because I know he would never do that. And also, given the. Many people that look through the finances, like whatever we got.

• 59:15Caleb Hammer?

  How many people are looking through the finances?

• 59:16Speaker 01

  You now.

• 59:17Caleb Hammer?

  Who's Amanda?

• 59:18Speaker 01

  The Coffee Hour, CPA, financial planner. She has access to everything. So she would, there would be red flags, but either way, the point is that I don't know, like, if this is something that's like, I don't understand why there would be any paranoia. Like, I would die for this person and this person would die for me, so, why would I ever be like, I wonder if he's siphoning money? Like, do you think your friends are siphoning money from you?

• 59:42Caleb Hammer?

  They don't have access to my accounts.

• 59:43Speaker 01

  Because you think they might siphon it from you?

• 59:45Caleb Hammer?

  No, I just, you're just not supposed to let people have access to your accounts.

• 59:49Speaker 01

  Oh, okay, okay, fair, fair. I, I trust them enough and they would never do that.

• 59:53Caleb Hammer?

  I mean, there are parents that love their kids that have siphoned money from the child actor's kids. I mean, this has happened.

• 59:58Speaker 01

  Yeah, but you keep like using the world to analyze my relationships, which is fair, because you don't know me, but I know me and I know that would never happen.

• 1:00:07Caleb Hammer?

  You know you, but there's also people that are surrounding you and people when they become successful.

• 1:00:11Speaker 01

  Only, okay, sure.

• 1:00:12Caleb Hammer?

  How many people do you trust have entered your life since you've become successful that you consider one of your seven that you would die for?

• 1:00:17Speaker 01

  Oh, probably one.

• 1:00:19Caleb Hammer?

  Okay, well, him plus the ones coming up, there's an extra level of questioning that has to be done there. You never know who tries to surround themselves with.

• 1:00:27Speaker 01

  I don't, I'm surprised there's even one. I'm not like in the running for new friends, like I don't really accept it with open arms, so I'm very paranoid.

• 1:00:36Caleb Hammer?

  You're not inviting me over. I don't get to see the Austin house.

• 1:00:39Speaker 01

  We can do a party after this with the, skip out on that, it's awesome. But the point is, I wouldn't give you access now because I dislike you, just because I don't, you know, like,

• 1:00:50Caleb Hammer?

  I'd siphon money.

• 1:00:51Speaker 01

  After, after the fame or whatever, I'm a lot more paranoid about it, but these are people that I've known forever.

• 1:00:59Caleb Hammer?

  Okay, okay. Okay, listen, 200,000 hours was spent on this card in one month.

• 1:01:05Speaker 01

  Yeah.

• 1:01:06Caleb Hammer?

  One card, one statement.

• 1:01:08Speaker 01

  I think it was actually, what statement is this? Let me see this.

• 1:01:10Caleb Hammer?

  Well, it's actually more. It was 300,000. That was before pay over times.

• 1:01:14Speaker 01

  300 something.

• 1:01:15Caleb Hammer?

  Which, I don't think you'll be shocked is a record on the show. I think you spent more than Amranth did. She was the other highest earner.

• 1:01:21Speaker 01

  Who's that?

• 1:01:23Caleb Hammer?

  How much did your [__] cost?

• 1:01:25Speaker 01

  Bro, oh my god. I one time gave him $50,000 because I was so [__] up.

• 1:01:30Caleb Hammer?

  What was that [__] got in Austin?

• 1:01:32Speaker 01

  Oh, I never got one in Austin.

• 1:01:33Caleb Hammer?

  Okay.

• 1:01:34Speaker 01

  Just like Vegas, usually.

• 1:01:36Caleb Hammer?

  50,000? Have you [__] with, with your girlfriend?

• 1:01:39Speaker 01

  No, we've considered it. Uh, decided that's gross because there's like a, uh...

• 1:01:44Caleb Hammer?

  Sorry, not with her, while you've been with her.

• 1:01:46Speaker 01

  Oh, no, no, no.

• 1:01:46Caleb Hammer?

  You haven't had sex with one other person while you've been with her?

• 1:01:49Speaker 01

  No, no, no. I have like-

• 1:01:51Caleb Hammer?

  Drug addicted to go-

• 1:01:52Speaker 01

  First, uh, let's say maybe four months, when it was like kinda dating, whatever, I was banging a ton of people. And since it got like serious, we, uh, have, uh, straightened out.

• 1:02:02Caleb Hammer?

  Do you believe this?

• 1:02:03Speaker 01

  He's with me 24/7.

• 1:02:05Caleb Hammer?

  You're getting paid.

• 1:02:06Speaker 01

  He's not getting paid. He gets paid a thousand dollars a month.

• 1:02:09Caleb Hammer?

  Okay, okay. First of all, all throughout here, all throughout here, you own all these cars, but there are Uber [__] trips every second of your life. And it's always like the top end Ubers. Also, how often do you go to Uchiko?

• 1:02:24Speaker 01

  Uchiko, bro, is awesome.

• 1:02:25Caleb Hammer?

  It is. No, I go there twice a week.

• 1:02:27Speaker 01

  I, yeah, yeah. I don't know. How much do I go to Uchiko? Whenever, bro.

• 1:02:30Caleb Hammer?

  Often. I'm just surprised we haven't seen each other at Uchiko. Like, I'm literally always at Uchiko.

• 1:02:34Speaker 01

  I go late, though. 9pm.

• 1:02:37Caleb Hammer?

  9?

• 1:02:37Speaker 01

  Yeah.

• 1:02:37Caleb Hammer?

  Sometimes, yeah. Okay.

• 1:02:39Speaker 01

  Oh, we'll go to Uchiko.

• 1:02:40Caleb Hammer?

  That's me and my girlfriend's favorite spot. And you take flights all the time. I'm assuming that's for the videos. Please tell me if that's for videos. Or are we just flying to [__] around? Or are we just having fun?

• 1:02:49Speaker 01

  Videos.

• 1:02:50Caleb Hammer?

  Okay. So where did we have to travel for this four out of 10 video?

• 1:02:54Speaker 01

  Um, we went to, uh, Atlanta. Where the [__] were we at? I don't even know. Where was that? Where did we go for this?

• 1:03:03Speaker 01

  Yeah, I don't know.

• 1:03:04Caleb Hammer?

  But it's a cost so much. This is, uh, $2,800 for flights, $2,800 for flights.

• 1:03:08Speaker 01

  Uh, everybody on my team flies first class.

• 1:03:10Caleb Hammer?

  What the [__]? Why are we doing this? And how many people come?

• 1:03:13Speaker 01

  I don't know. I got, oh, one to five.

• 1:03:16Caleb Hammer?

  How many, how many people come? Edward?

• 1:03:22Speaker 01

  I'm not lying to you, bro. Why would I lie about one to five people coming?

• 1:03:25Caleb Hammer?

  I'm not saying you're lying. I just don't think you know.

• 1:03:27Speaker 01

  Oh.

• 1:03:30Speaker 01

  Yeah, but like one to five, probably.

• 1:03:34Caleb Hammer?

  Okay, Lowe's popped up all the time.

• 1:03:37Speaker 01

  Lowe's?

• 1:03:38Caleb Hammer?

  Yeah.

• 1:03:39Speaker 01

  Oh, I don't know. That wasn't.

• 1:03:40Caleb Hammer?

  We're going to Lowe's all the time. Okay, who's? Okay, so this is in the portion of, let's see, because this is separated between different people. Who is this? Who's this first portion?

• 1:03:49Caleb Hammer?

  Um, okay, so this, we blacked out names, didn't we? This first person, who's the first person?

• 1:03:56Speaker 01

  I can tell you, if it's Lowe's, um.

• 1:03:58Caleb Hammer?

  Well, who's donated on Kick every second of their life?

• 1:04:01Speaker 01

  Bro. I'm logged in on.

• 1:04:04Caleb Hammer?

  With your own money.

• 1:04:05Speaker 01

  Thing. I was logged in on Steve Willdo's computer. He gifted himself like 500 subs.

• 1:04:13Caleb Hammer?

  Listen, Edward, I'm gonna get you a course career certification and a FIS card so you can start your life.

• 1:04:21Caleb Hammer?

  It's okay. You wouldn't know what they are, but.

• 1:04:23Speaker 01

  But it's like, dude.

• 1:04:25Caleb Hammer?

  It's if you fail him or die.

• 1:04:27Speaker 01

  Oh, yeah, yeah, yeah. But Edward's never gonna fail himself.

• 1:04:29Caleb Hammer?

  Sorry, mine card.

• 1:04:30Speaker 01

  Why are you acting like I'm his dad, bro? He's like a totally capable mother. He's gonna be a millionaire one way or another.

• 1:04:37Caleb Hammer?

  Looks like a little boy. I don't know. He's accepting a thousand dollars.

• 1:04:40Speaker 01

  Why are we judging off of looks? And you're overweight. I'm not sitting here talking about it like.

• 1:04:43Caleb Hammer?

  You can. And also, also, it's obese, not overweight.

• 1:04:48Speaker 01

  I don't know the difference. What I'm saying is he's a totally capable dude.

• 1:04:52Caleb Hammer?

  Totally capable dude, except you picked a Mexican of your group to go to Lowe's.

• 1:04:56Speaker 01

  Yeah, bro. No, he doesn't go to Lowe's. I think it's Germa Alert. Either way, it's not the point. If he would be better at going to Lowe's, probably. I don't know. I don't know who does any of this. Edward, do you go to Lowe's? I don't know. I don't run these things.

• 1:05:07Caleb Hammer?

  You don't run the things, but you choose how much they make, if they're doing well or not.

• 1:05:11Speaker 01

  Oh, yeah.

• 1:05:12Caleb Hammer?

  But you don't run it. You don't know what's happening. Kick streaming, In-N-Out, eighty-two dollars of In-N-Out. Airbnb, eight hundred dollars. Uber Trips, Uber Trips everywhere, everywhere. Airbnb. Airbnb, twenty-two hundred. So do you guys Airbnb every time you go somewhere?

• 1:05:29Speaker 01

  Yeah, I wouldn't be surprised if on this statement, there's like twenty thousand at Airbnb.

• 1:05:34Caleb Hammer?

  No, I, there's probably more than that. Yeah, Uber Eats, ninety-one dollars. Uber Eats, eighty-eight dollars. Is that all the meals you guys have unless you go somewhere nice?

• 1:05:43Speaker 01

  No, it's as funny as we actually have a private chef.

• 1:05:47Caleb Hammer?

  Well, we're Uber eating every meal. Why?

• 1:05:49Speaker 01

  Well, we fired him like three days ago, but for this whole month.

• 1:05:53Caleb Hammer?

  Why is he fired?

• 1:05:54Speaker 01

  Uh, I probably just wasn't, I wasn't using him enough. I was like traveling. I'd leave for like months.

• 1:06:00Caleb Hammer?

  And did you take care of him when you're firing?

• 1:06:02Speaker 01

  I gave him a $10,000 severance.

• 1:06:05Caleb Hammer?

  What was his monthly pay?

• 1:06:07Speaker 01

  Six and a half.

• 1:06:09Caleb Hammer?

  That's not great.

• 1:06:10Speaker 01

  Well, when he, uh...

• 1:06:11Caleb Hammer?

  Talking about caring people, when I fire people even that I hate, I give them better severance.

• 1:06:15Speaker 01

  Well, when he joined, he said, uh, this is not a real job. He was like, uh, unemployed and was like, I really need work. I was like, sure, you can be my chef. Um, and it was like, this is not gonna last more than six months.

• 1:06:26Caleb Hammer?

  Okay. Dash pass Uber eats $20. Uber eats $230. Uber eats $91. Uber eats $82. Uber eats $6.59. Hotel, 150. Oddly cheap. I don't know if it was like a down payment.

• 1:06:41Speaker 01

  Yeah, surely that was a...

• 1:06:43Caleb Hammer?

  Whoever this is, is going into the gas station and getting snacks and drinks all the time, by the way. So open your card for little snack drinks.

• 1:06:48Speaker 01

  I don't care, dude. I encourage it.

• 1:06:51Caleb Hammer?

  You encourage that?

• 1:06:51Speaker 01

  Bro, they can spend my money. They're my friends.

• 1:06:54Caleb Hammer?

  Okay. Well, I encourage you spending your money on gamer subs. 40 cents a serving. Link in the description below.

• 1:07:02Speaker 01

  That was good. Well played.

• 1:07:03Caleb Hammer?

  Yeah.

• 1:07:05Caleb Hammer?

  Uber eats $34. Uber eats $28. Uber eats $72. Airbnb 4,000. Okay.

• 1:07:14Speaker 01

  That place must have been nice.

• 1:07:15Caleb Hammer?

  Well, no, they're all around that same price, man. So wherever. I mean, you always stay nice, right?

• 1:07:19Speaker 01

  Yeah.

• 1:07:20Caleb Hammer?

  You ever not stayed? I mean, you're first class in everywhere.

• 1:07:22Speaker 01

  Yeah, we try and stay at nice places.

• 1:07:24Caleb Hammer?

  No, these ones are your charges directly. Apparently this is your section.

• 1:07:28Speaker 01

  Oh, word.

• 1:07:31Caleb Hammer?

  Okay. Uh, Uber eats $63. News link to MIA.

• 1:07:40Speaker 01

  That's Miami Airport.

• 1:07:41Caleb Hammer?

  Okay, 34.

• 1:07:43Speaker 01

  What?

• 1:07:44Caleb Hammer?

  Hotel.

• 1:07:45Speaker 01

  About water.

• 1:07:47Caleb Hammer?

  How's the hotel, $22? Chick-fil-A, $15. At least you went there instead of ordering.

• 1:07:52Speaker 01

  Yeah.

• 1:07:53Caleb Hammer?

  Listen, you don't need a nickel and dime. You can live a very high elevated life with a lot of fun. That's not even, I'm not advocating against that. Cause you talk about Ice Coffee Hour, what those guys, what Graham would do is like, you know, don't spend 5% of your income. No, yeah, spend 70% of your income. I don't give a but save the other 30% at least.

• 1:08:12Speaker 01

  Investment account right now.

• 1:08:13Caleb Hammer?

  We'll get to your investment account.

• 1:08:15Speaker 01

  Okay.

• 1:08:15Caleb Hammer?

  We'll get to your investment.

• 1:08:16Speaker 01

  I've been saving up, bruh.

• 1:08:17Caleb Hammer?

  And yeah, until you lose it in a gamble.

• 1:08:19Speaker 01

  Yeah.

• 1:08:20Caleb Hammer?

  Do you own your house in Austin?

• 1:08:21Speaker 01

  No.

• 1:08:22Caleb Hammer?

  Okay, where is the second house?

• 1:08:23Speaker 01

  Down on it. There's only one house. Okay, I don't know where this computer, there's one house.

• 1:08:27Caleb Hammer?

  The house of the one you didn't lose. You said you own another house.

• 1:08:30Speaker 01

  Until I lost it.

• 1:08:32Caleb Hammer?

  You lost both houses?

• 1:08:33Speaker 01

  Oh.

• 1:08:33Caleb Hammer?

  I thought you said you owned twice.

• 1:08:34Speaker 01

  This is, okay, there was two houses. One eliminated, house owned, mortgage.

• 1:08:41Caleb Hammer?

  Where is that house?

• 1:08:42Speaker 01

  Here.

• 1:08:43Caleb Hammer?

  So you own a house in Austin? And that's what, okay, very good. Very good.

• 1:08:49Caleb Hammer?

  And let me guess.

• 1:08:51Speaker 01

  Yeah.

• 1:08:52Caleb Hammer?

  Okay, believe that, but that's where like all the charges are.

• 1:08:55Speaker 01

  Oh, really?

• 1:08:55Caleb Hammer?

  Uber Eats, $34. Also, how the you live there? That's the first place I lived when I moved to Austin. I wanted to kill myself.

• 1:09:02Speaker 01

  Well, bro.

• 1:09:02Caleb Hammer?

  It's 40 minutes to anywhere.

• 1:09:04Speaker 01

  I didn't, we didn't, had never been to Austin when we bought the house.

• 1:09:06Caleb Hammer?

  You can live anywhere. That's the most miserable place to live.

• 1:09:09Speaker 01

  I think it's like a fallen little paradise, but it is agonizing how far it is, but uh.

• 1:09:13Caleb Hammer?

  Yeah, you can live in a lot of paradises.

• 1:09:15Speaker 01

  Keeps you grateful, you know? How lucky am I to drive here in the Rolls Royce?

• 1:09:19Caleb Hammer?

  Hammer Elite is the best YouTube membership on the platform and I just upgraded it. Three exclusive dedicated shows every single day, Monday through Friday. Join with the link in the pinned comment or description below. This is the best membership you'll ever join. That's a promise. It's a win-win. You get money and I get money. These are called affiliates and you get that sweet, sweet cash for signing up for some amazing products. The first one is Chime. This is a checking account that I personally use and you get up to a $350 bonus with a new Chime checking account and earn up to 3.5% APY on your savings. And second, my investing app of choice these days is Weebull

• 1:10:00Caleb Hammer?

  and get a 2% match on all of your money that you transfer over. And finally, sign up for automated investing with Acorns. Typically, the signup bonus is only five bucks, but with my link, you get $20. Ladies and gents, you get money. I get money. Enjoy. Links are in the description below. I'm grateful if it's like a 90-minute car ride.

• 1:10:19Speaker 01

  No, but it's like awesome. At least I'm not walking.

• 1:10:23Caleb Hammer?

  Okay. Yeah, I don't think I would suggest you walking. Do you have security?

• 1:10:26Speaker 01

  Security guards? Yeah.

• 1:10:28Caleb Hammer?

  Did my guy frisk you? Did he touch you and all that stuff?

• 1:10:31Speaker 01

  No.

• 1:10:31Caleb Hammer?

  Give you the little touches?

• 1:10:32Speaker 01

  What am I gonna do in here? You call him like, rob you?

• 1:10:34Caleb Hammer?

  Blast me. I don't know. You're mad. I don't know what's happening.

• 1:10:38Speaker 01

  That's true, bro. You should not trust people that do.

• 1:10:41Caleb Hammer?

  No.

• 1:10:41Speaker 01

  It's a super, super, that's like a sketchy, sketchy group.

• 1:10:45Caleb Hammer?

  $200 to that hotel, $3,000 to that hotel. Uber Eats 101. Uber Eats $33. Uber Eats $41. Uber Eats $36. What are you Uber eating? Because this is multiple times a day. What are you Uber eating?

• 1:10:57Speaker 01

  Oh, like if you need like, say toenail clippers, Uber Eats.

• 1:10:59Caleb Hammer?

  Yeah, but not for this $41.

• 1:11:01Speaker 01

  And then we like, say we're traveling and like, we need a monitor, Uber Eats it. Bro, I don't know, but you have to understand, I have no idea.

• 1:11:09Caleb Hammer?

  This Elzer Hotel you're obsessed with, you spent another 1,500 there.

• 1:11:13Speaker 01

  We can.

• 1:11:14Caleb Hammer?

  Hotel Bel Air 5,000, basically. Hotel Bel Air, almost 5,000 bucks.

• 1:11:19Speaker 01

  Whoa, that was five racks?

• 1:11:21Caleb Hammer?

  Almost.

• 1:11:22Speaker 01

  Whoa, what?

• 1:11:24Caleb Hammer?

  At least look into things before you do.

• 1:11:26Speaker 01

  But it is a kind of baller feeling. If we show up, swipe, don't even look at it. That was a scam. Five racks for Hotel Bel Air?

• 1:11:33Caleb Hammer?

  Okay, and you freaked out about the water bottle you purchased. Hotels, yeah.

• 1:11:37Speaker 01

  That's $30.

• 1:11:38Caleb Hammer?

  Airbnb, Uber Eats $93. Uber Eats $41. Uber Eats $41 again. Uber Eats $78. Uber Eats $92. Hotel Bel Air, $70. Uber Eats 36. Uber Eats 99. Uber Eats 18. Uber Eats 106. Uber Eats 109. Airbnb, 682. Uber Eats 76. Uber Eats 58. Uber Eats 102. Uber Eats 35.

• 1:12:03Caleb Hammer?

  Door Nashing Best Buy $1,105.

• 1:12:07Speaker 01

  That's for a new monitor, bro. It's crazy. The OLED, you ever had that?

• 1:12:10Caleb Hammer?

  Yeah.

• 1:12:11Speaker 01

  Bro, it's awesome. Bro, I live in She's like 30 minutes to go get it.

• 1:12:17Caleb Hammer?

  Exactly. Don't live in Bought a house in

• 1:12:19Speaker 01

  Oh, we didn't know we were doing it. Bro, you know how it's so easy to

• 1:12:21Caleb Hammer?

  Leave that location.

• 1:12:22Speaker 01

  It's so, uh, easy to, not easy. It's so hard to buy a house. Like, I can't just be like, oh, okay, let me go buy a new house. We're locked in there.

• 1:12:29Caleb Hammer?

  Kind of. If you actually followed any of the shit that we talk about, if you set money aside, yeah, you'd have bought a house, a nice house.

• 1:12:35Speaker 01

  No, no.

• 1:12:35Caleb Hammer?

  That's like with a view downtown in cash.

• 1:12:37Speaker 01

  Oh, yeah. It's not about having the money. It's about, well, that's part of it, but it's about like doing it. Adulting is not easy, bro.

• 1:12:43Caleb Hammer?

  Uh, it's relatively easy. What's, what's hard? Specifically about

• 1:12:49Speaker 01

  I don't know what is easy about it. What, what parts do you find to be the, were like?

• 1:12:54Caleb Hammer?

  Most people are in a cycle. You go to, you, you go to work, you make your money, come home, make your food, go to

• 1:12:59Speaker 01

  Bro, but then it's like, now I gotta You know, sign, like figure out how to get a mortgage and also figure, you know what I didn't know?

• 1:13:07Caleb Hammer?

  Realtor.

• 1:13:08Speaker 01

  The first crib I bought in Miami, didn't know you had to pay utilities. I thought it was just like on and shit. So we didn't go there for a couple of months, mold everywhere in the house in my brand new crib. It costs 30,000 to get the mold out. The pool had to be redone.

• 1:13:22Caleb Hammer?

  Why don't you have people? Why don't you talk to your parents about anything?

• 1:13:26Speaker 01

  My parents would have told me, but they, uh, I didn't ask them because it's like fun to figure out life with your friends and none of my friends knew you had to get utilities. So now it's like, all right, now we know.

• 1:13:35Caleb Hammer?

  You surround yourself with

• 1:13:37Speaker 01

  Well, but that's the life, bro. I surround myself with people that I love and I don't

• 1:13:41Caleb Hammer?

  That's great. I'm glad.

• 1:13:41Speaker 01

  I don't care about how smart they are, you know? Cause who am I to say? I'm not that smart.

• 1:13:46Caleb Hammer?

  Uh huh. Paradise? Is that what this is? Paradise? I say that right? Paradise, is it? All right. You spent 28 bucks there, five bucks there. Uber vending machine. It's not so crazy, but Uber eats again. Apple Pay, Apple Pay, Apple Pay, Apple Pay. Farmlands Kitchen, GeoGuessr, you're paying for GeoGuessr, I guess. Are you doing it on stream? I don't know.

• 1:14:08Speaker 01

  No, I've not played that game in like four years.

• 1:14:10Caleb Hammer?

  Oh, my.

• 1:14:12Speaker 01

  It's five dollars a month, bro. It's

• 1:14:14Caleb Hammer?

  Yeah, and you haven't played it in four years. Uber Eats, Uber Eats, Uber Eats. Five dollars to change that kid's life. He's poor. Gifted subs.

• 1:14:20Speaker 01

  Bro, money not gonna change his life. His brain's gonna change his life. I'm not in charge of giving him, or I am literally in charge of that. But if I gave him like too much money before the brain, then the brain never gonna get to here. And once he's on Mars, he don't need no money. That makes sense. I don't wanna hear no rebuttal. You understood what I was talking about. And you can't deny it.

• 1:14:38Caleb Hammer?

  Are you trying to say if he doesn't learn the right behavior before he gets a lot of the money, is he gonna throw it all away?

• 1:14:43Speaker 01

  No.

• 1:14:44Caleb Hammer?

  He's not gonna be able to earn it.

• 1:14:45Speaker 01

  He's not going to be hungry to be goaded.

• 1:14:48Caleb Hammer?

  I didn't say make him rich. I said make sure he can take care of himself. Uber Eats, Uber Eats, Farmland's Kitchen.

• 1:14:54Speaker 01

  How are you gonna take care of yourself if you don't know how to do anything? Like if you don't like?

• 1:14:58Caleb Hammer?

  So the only way for Edward to know how to do anything is be around Togi. No one else outside of Togi.

• 1:15:03Speaker 01

  Living life and going out and experiencing things.

• 1:15:06Caleb Hammer?

  Which he can do and still make a living.

• 1:15:08Speaker 01

  Yeah, yeah. But if you're, dude, if you're underperforming at your job, that's a thing that you should.

• 1:15:13Caleb Hammer?

  Fire him.

• 1:15:14Speaker 01

  Be making, no, because I like Edward as a friend. So I wouldn't wanna fire him.

• 1:15:19Caleb Hammer?

  Why do you suck at your job? We'll talk in the post show.

• 1:15:21Speaker 01

  No, dude, Edward, you're gonna

• 1:15:23Caleb Hammer?

  Chick-fil-A, Supreme Massage.

• 1:15:25Speaker 01

  The post show is gonna be lit.

• 1:15:26Caleb Hammer?

  An expensive massage, one fourteen.

• 1:15:28Speaker 01

  Bro, I thought they were gonna jack me off. They didn't. It's the worst. Is that place next to the Purple Fitness place?

• 1:15:34Caleb Hammer?

  He didn't jerk you off for a hundred fourteen.

• 1:15:36Speaker 01

  No, I tip whether they jerk me off or not because they still worked hard.

• 1:15:39Caleb Hammer?

  Uh, okay. Brandon said he has a spot. It's off I thirty-five. He'll tell you afterwards.

• 1:15:46Caleb Hammer?

  Uber Eats, Uber Eats, Uber Eats. Chipotle, at least you went there. Proud of you. Big moves. Uber Eats, Uber Eats. Pure wash, that's fine. I don't know why you're going to a standard car wash for your expensive ass cars.

• 1:15:58Speaker 01

  Oh my God, we took two of the Lamborghinis there. It was, they fucked them up.

• 1:16:01Caleb Hammer?

  Yes, what?

• 1:16:03Speaker 01

  We were in a rush. We had to do a photo shoot.

• 1:16:04Caleb Hammer?

  I don't wanna tell you to spend money, but get a detailer on call.

• 1:16:07Speaker 01

  No, we do have a detailer, but it was, I needed it thirty minutes.

• 1:16:11Caleb Hammer?

  Okay, you pay, you pay ChatGPT, Uber Eats. There's Uchiko. You spent thirteen hundred to Uchiko.

• 1:16:17Speaker 01

  I tip usually a hundred percent.

• 1:16:19Caleb Hammer?

  Okay, but still, that's a decent amount at Uchiko. Uchiko's expensive, but it's not like, how many people are you bringing for seven fifty?

• 1:16:26Speaker 01

  I remember that one. I was with one person and we said, can I have everything on the menu except for a few things?

• 1:16:32Caleb Hammer?

  You just got really aged in there for a second.

• 1:16:34Speaker 01

  Oh, do I? In my mannerisms?

• 1:16:36Caleb Hammer?

  No, everything on the menu.

• 1:16:37Speaker 01

  Everything.

• 1:16:39Speaker 01

  Alright, alright. Strike that from the record, every ding on the menu.

• 1:16:44Caleb Hammer?

  Okay, and then Nobu right after that.

• 1:16:46Speaker 01

  Hmm.

• 1:16:47Caleb Hammer?

  For seventeen hundred. Okay, you're a sushi guy.

• 1:16:50Speaker 01

  Yeah.

• 1:16:50Caleb Hammer?

  Appreciate that. Sushi, it's like my favorite too. I get it. Uh, Popeyes. What is this? Pirates again? I don't know what that is. Uber Eats, Go Puffing, Uber Eats, Nordstrom, Christian Dior, two thousand bucks.

• 1:17:05Speaker 01

  That's his hoodie! And check it out.

• 1:17:07Caleb Hammer?

  That is two thousand dollars.

• 1:17:08Speaker 01

  I didn't like it at first, so I decided to give it to a viewer. But then I decided I loved it, so I had to send the viewer two thousand dollars because I said I was gonna give him it. But either way, bro, you don't understand how well this fits.

• 1:17:17Caleb Hammer?

  I don't understand. I really don't. Two thousand dollars for something I can't get there.

• 1:17:20Speaker 01

  The people... No, no, it was good. And well, really what happened is I didn't love it, but I went to Dior and I made the guy that was working there, I made him like, let me try on like ten things because I was really trying to like something. Hated it all, but I felt bad for him. Some asshole comes into your store, he's like, "Oh, let me try on all the shit," and then they leave. So I had to buy it.

• 1:17:38Caleb Hammer?

  Okay, L.A. Colonial, six thirty. Nobu Atlanta, another seven eighteen. Forty hundred, Zanga Corporation.

• 1:17:47Caleb Hammer?

  It's games. Zanga's Gaming.

• 1:17:50Speaker 01

  I don't know. Oh, oh yeah, we spent seven thousand on a new suit.

• 1:17:56Caleb Hammer?

  Oh, you're good for something. Uber Eats, Uber Eats, Uber Eats. Airbnb, fifteen thousand dollars! Come on! Dude, dude, dude, are you hearing that? Airbnb, fifteen thousand dollars. I've never seen anything like that in my life. What? It's fifteen thousand dollars, Airbnb.

• 1:18:10Speaker 01

  You're gonna like this one, dude. I spent ten thousand dollars on a haircut on that one.

• 1:18:17Caleb Hammer?

  Oh, for fuck's sake. Yeah, we didn't even highlight that. Okay, how? How? How the fuck? How the fuck, dude?

• 1:18:24Speaker 01

  This is just awesome. Bro, it's just like, the guy...

• 1:18:28Speaker 01

  The guy was a drug dealer and he's cut my hair, I'm talking about the game show I put on, and um, he was like, I was like, "I'm bailing out convicts, I'm gonna compete in the game show, try and win a hundred thousand." He's like, "Oh dude, like, next time you do that, you should like invite me, like, I'm about to go to jail." I was like, "For what?" And he's like, "Fucking weed." And I was like, "Dude, uh, how do you go to jail for weed?" And he's like, "I don't know, my lawyer says I have to." And I was like, "You should get a new lawyer," and he's like, "Okay, I can't afford it." I was like, "Alright, I'll give you ten thousand, try and get a new lawyer. If not, at the very least, you have ten thousand dollars."

• 1:18:58Caleb Hammer?

  Okay, okay, that's nice. It's like the first thing he did that's like, actually like... It feels like genuine. Everything else is like bullshit.

• 1:19:05Speaker 01

  Uber Eats? That's not bullshit dude.

• 1:19:07Caleb Hammer?

  It's all bullshit. It's all bullshit.

• 1:19:08Speaker 01

  Are these still mine? Are these like my friends?

• 1:19:10Caleb Hammer?

  Yes. No, they're yours still. Yours ends the next page.

• 1:19:14Speaker 01

  Okay, but either way.

• 1:19:15Caleb Hammer?

  Fifteen thousand Airbnb dude.

• 1:19:16Speaker 01

  Yeah, that was not even worth it too. That place reeked. But either way, bro, you know, I like to go on nice trips with my friends.

• 1:19:23Caleb Hammer?

  Cafe, sushi, ramen, cafe.

• 1:19:26Speaker 01

  This seems like pretty normal, bro. What else is money good for?

• 1:19:29Caleb Hammer?

  Okay, well then you've never lived a normal life. People can't do this.

• 1:19:32Speaker 01

  No, no, what I'm saying is if you had this money, what else would you spend it on?

• 1:19:36Caleb Hammer?

  Uh, well, I'd make sure, again, you're prepared for something. But yeah, you can spend it on bullshit. Don't get me wrong, but fifteen thousand on an Airbnb is crazy. When you don't have an emergency fund. Just at least get something basic set up and then blow your money.

• 1:19:47Speaker 01

  An emergency fund.

• 1:19:48Caleb Hammer?

  You don't. It's in crypto. It's in crypto dude. That's an emergency fund. I can go to zero overnight.

• 1:19:53Speaker 01

  Yeah, but or I could 10x and then I have so much emergency.

• 1:19:55Caleb Hammer?

  Or it can.

• 1:19:56Speaker 01

  Bro, or if Dan or Butts about it, bro, who that, I'm not living to think about how much could go wrong when it all could go right and it's.

• 1:20:04Caleb Hammer?

  No, it's not about that. It's just about getting an emergency fund. That's it.

• 1:20:08Speaker 01

  I have one. That's what I'm establishing.

• 1:20:10Caleb Hammer?

  It's not an emergency fund.

• 1:20:11Speaker 01

  Bro, okay.

• 1:20:12Caleb Hammer?

  Emergency funds aren't crypto.

• 1:20:13Speaker 01

  How big emergency we talking?

• 1:20:14Caleb Hammer?

  What's your mortgage?

• 1:20:15Speaker 01

  Whoa, I have eight hundred down, two and a half million dollar house.

• 1:20:18Caleb Hammer?

  No, no, your monthly payment.

• 1:20:20Speaker 01

  Oh, I don't know. You know?

• 1:20:21Caleb Hammer?

  You don't have a gas?

• 1:20:22Speaker 01

  I didn't even tell you this. I still have to pay the mortgage on my house that I lost. So that's like thirteen thousand a month, next thirty years, whatever. And the mortgage that I live in.

• 1:20:32Caleb Hammer?

  Should we coin flip over your current house?

• 1:20:34Speaker 01

  No, that seems like a bad idea.

• 1:20:36Caleb Hammer?

  So you're a pussy. You've lost it.

• 1:20:38Speaker 01

  Dude, you were just making fun of me for it, dude. I think that's a bad idea.

• 1:20:43Caleb Hammer?

  Sure. You're not gonna do bad ideas anymore?

• 1:20:46Speaker 01

  No, no, no. But alright, I was on this podcast and the guy was like, "You gotta save more money here." Yeah, and I was like, okay, maybe I'll save a little bit more. So I'm trying to save more now. And I gave away my house.

• 1:20:57Caleb Hammer?

  Also, I would never live, so.

• 1:20:59Speaker 01

  I like, bro.

• 1:21:01Caleb Hammer?

  No, you don't. Airbnb thirty-four thousand dollars. This is from the next guy. That's from someone else. Yeah, who is this?

• 1:21:10Speaker 01

  Oh, that was my dad. There was in uh.

• 1:21:12Caleb Hammer?

  Your dad? Thirty-four thousand?

• 1:21:14Speaker 01

  Yeah, he asked if he could do that beforehand. I remember now.

• 1:21:16Caleb Hammer?

  Well, you'll say yes to anything.

• 1:21:18Speaker 01

  Well, my parents do whatever they want.

• 1:21:19Caleb Hammer?

  So you won't ever say no to anything?

• 1:21:21Speaker 01

  Not to my parents.

• 1:21:22Caleb Hammer?

  Thirty-four thousand, what did they possibly need?

• 1:21:24Speaker 01

  They were on vacation. And so what happened is they were like trying to go vacation at my crib in Miami. And they're like, can we stay there? I said, yeah, of course. And then I gambled it away. And they're like, we still want to go on vacation. I was like, okay, how about this? You, I actually picked out the Airbnb for them. They would have picked a shitty one. I said, you should go here. Let me know if you want to be a bucket. And they're like, are you sure?

• 1:21:41Caleb Hammer?

  For how long did they stay there for thirty-four thousand dollars?

• 1:21:44Speaker 01

  Three weeks. It was a good stay.

• 1:21:48Caleb Hammer?

  Uber Eats?

• 1:21:48Speaker 01

  Dude, they're retired. They gotta like enjoy life.

• 1:21:50Caleb Hammer?

  So your dad, the retired dad is Uber eating, Uber eating, Uber eating, Uber eating, Uber eating? Yo-yo? For four hundred and nineteen dollars at yo-yo?

• 1:21:59Speaker 01

  Uh, this surely this isn't my dad's account. This must be.

• 1:22:04Speaker 01

  Yeah, yeah.

• 1:22:05Caleb Hammer?

  Who's that?

• 1:22:06Speaker 01

  The girlfriend.

• 1:22:06Caleb Hammer?

  The girlfriend. She's Uber eating. Okay.

• 1:22:10Speaker 01

  Yeah.

• 1:22:11Caleb Hammer?

  Uber eating, Uber eating, Uber eating, Uber eating. Amazon. She Airbnb for thirteen hundred dollars. Airlines. Does she live with you?

• 1:22:19Speaker 01

  Yeah.

• 1:22:21Caleb Hammer?

  Okay. It's going well?

• 1:22:23Speaker 01

  It's going as well as a twenty-three-year-old relationship would go. It's like, I'm not getting married, but it's great, you know?

• 1:22:28Caleb Hammer?

  People used to get married at eighteen. What the fuck is that? That doesn't mean anything.

• 1:22:30Speaker 01

  Yeah, you're right. That wasn't a good way to put it. But we're not getting married. So it's like, uh, it's going well, but I'm not like. Yeah, yeah. She's not stoked on it, but it's like, dude.

• 1:22:40Speaker 01

  You know?

• 1:22:40Caleb Hammer?

  Amazon. Uber Eats, Uber Eats, Uber Eats, Uber Eats. Amazon Chick-fil-A, Uber Eats, Uber Eats. She's Uber eating two times a day while your Uber eating two times a day. While your dad is Uber eating two times a day. While someone else is Uber eating two times a day. You're doing about a dozen Uber Eats a day across all accounts.

• 1:22:55Speaker 01

  Dude, that cannot, if we did a net Uber Eats, say I spent fifty thousand on Uber Eats a month, it's like, that is money well spent.

• 1:23:01Caleb Hammer?

  Money well spent. Fifty thousand on Uber Eats. You don't want to give to a charity. You did one genuine thing to the barber. It was beautiful.

• 1:23:08Speaker 01

  Oh, yeah, yeah, we're, uh, we have to, but you know, we give a lot of money to charity, so we get to enjoy our life.

• 1:23:15Caleb Hammer?

  It was 20,000 on Uber Eats.

• 1:23:17Speaker 01

  Oh, that's a lot. But yeah, yeah, whatever. We

• 1:23:19Caleb Hammer?

  That's a lot.

• 1:23:20Speaker 01

  We give away much more than 20,000 a month to fans and charity.

• 1:23:23Caleb Hammer?

  Well, okay, where's that? I don't see it. I see travel of 147,000.

• 1:23:28Speaker 01

  We, uh, did, we gave away three Rolexes to fans, which is

• 1:23:33Caleb Hammer?

  So physical assets.

• 1:23:34Speaker 01

  Jeweler, then we gave away $10,000 so that, I don't know how that wire has been. And then we had to save the charity money because we gave away 90,000 in the game show, but next month we have a $295,000 budget to spend on either, you guys will see this video because I make

• 1:23:54Caleb Hammer?

  But not this month with that video, you're gonna not even break even.

• 1:23:57Speaker 01

  Yeah, yeah, but dude, I'll find a way. I, I will find a way.

• 1:24:00Caleb Hammer?

  Makes sense. I don't

• 1:24:01Speaker 01

  To give away, okay, either way, the point is we have 295,000 getting, uh, going to, uh, we would like to build a school.

• 1:24:07Caleb Hammer?

  Do I smell you?

• 1:24:09Speaker 01

  It might be me, it might be you, I don't know.

• 1:24:11Caleb Hammer?

  Huh?

• 1:24:15Caleb Hammer?

  It's not me. I'm making sure.

• 1:24:17Speaker 01

  Either way, the point is that, um, I don't need to like super have it mapped out. Like if I need to sell a car to get it done, we will, but I don't think, I like, I feel like I might win gambling at some point soon or something.

• 1:24:30Caleb Hammer?

  You could, I offered.

• 1:24:31Speaker 01

  To, uh, not, I don't need, I only need to win 300,000 for charity.

• 1:24:36Caleb Hammer?

  Okay, good. Give me your house or I'll do 300,000.

• 1:24:38Speaker 01

  But that's a horrible, okay, no, next, next topic.

• 1:24:41Caleb Hammer?

  Fine, 500.

• 1:24:42Speaker 01

  No.

• 1:24:42Caleb Hammer?

  How much you need?

• 1:24:43Speaker 01

  Dude, I'm not coin flipping the house for, it's a two and a half million dollar house.

• 1:24:46Caleb Hammer?

  Okay, uh, 2.5.

• 1:24:50Speaker 01

  I don't know if you're serious about this. I feel like you're just saying that, but I know, I don't know if you would actually flip me two and a half million.

• 1:24:57Caleb Hammer?

  I couldn't.

• 1:24:57Speaker 01

  Why not? I feel like you have a lot of money.

• 1:25:00Caleb Hammer?

  Yeah, I do, okay, uh, but two and a half would actually be devastating.

• 1:25:04Speaker 01

  Okay, well then, on to the next.

• 1:25:06Caleb Hammer?

  So probably not as much as you think, but Chick-fil-A, Uber, because I haven't been doing this that long. Chick-fil-A, Uber Eats, Uber Eats, Amazon, Uber Eats, Amazon, Amazon. This is the girlfriend, by the way, Uber Eats, and she's not a fat fuck?

• 1:25:17Speaker 01

  No, she's actually famous for being, uh, jacked and a model.

• 1:25:21Caleb Hammer?

  Okay, I guess she's just getting protein balls every second of her life.

• 1:25:24Speaker 01

  I don't know how she, what the fuck she's doing with the

• 1:25:26Caleb Hammer?

  Amazon, Uber Eats, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon, Amazon.

• 1:25:33Speaker 01

  Yeah, she likes the other side.

• 1:25:35Caleb Hammer?

  What is this? Tao Reed Popo, $1,200. Tao Reed Popo?

• 1:25:40Speaker 01

  That sounds like a restaurant.

• 1:25:42Caleb Hammer?

  Uber Eats, JD Sports, Uber Eats, Uber Eats, Uber Eats, Uber Eats, Uber Eats, Nobu Hotel. 500 bucks there. Nobu Hotel. Uber Eats, Uber Eats, Uber Eats, Uber Eats. Who's this next person?

• 1:25:54Speaker 01

  Oh, yeah, this is Gerd Malerd, manager.

• 1:25:57Caleb Hammer?

  This is Gerd. Okay, your money manager is...

• 1:26:01Speaker 01

  He's about to get reamed.

• 1:26:02Caleb Hammer?

  Yeah, $3,150 on flights, plus another $544 on flights. Uber Eats.

• 1:26:08Speaker 01

  That's like booking shit for me, because he takes care of all that.

• 1:26:11Caleb Hammer?

  Uber Eats, Uber Eats. Is that for you? I don't think so. Delta 742. Also, you got your, you got flights, you got flights on your own section. Why does he need to get additional flights?

• 1:26:21Speaker 01

  Um, it might be for, uh, when I did the game show, I flew everyone out, first class, that participated.

• 1:26:28Caleb Hammer?

  Flights, 464. Soku, $576. Soku, $5,100, money manager.

• 1:26:37Speaker 01

  I don't even know what that is. But, okay, I feel like you are looking through this like, you give it like, Soku, are you sure?

• 1:26:42Caleb Hammer?

  Soku, $2,000. This is your money manager spending $7,000 on Soku?

• 1:26:46Speaker 01

  That was, well, that was a dinner we did in LA. It was $14,000 total for the chef to come to the crib and make us food. But either way, I told him to do that. Either way, if he did it on his own, I don't give a shit. He can do whatever he wants. Um, but you're looking at me like, Soku, right?

• 1:26:59Caleb Hammer?

  Yes!

• 1:26:59Speaker 01

  It's chill, dude. What's the big deal? It was an awesome dinner. It was fun. Do you like hate crazy new experiences? Would I spend $14,000 again, dinner again?

• 1:27:08Caleb Hammer?

  Yes, you will!

• 1:27:09Speaker 01

  Yeah, and it's like, sure. Why not? It's chill. Like, I am not financially devastated by that, and it was a lot of fun. And I like, uh, it was like a lot of, I had my lawyer there, and I wanted to treat him well, because he's the best and whatever, so it's like...

• 1:27:24Caleb Hammer?

  Is he gonna get you out of jail all the time?

• 1:27:25Speaker 01

  No, but if I went to jail, then he would be the one.

• 1:27:28Caleb Hammer?

  Math.

• 1:27:29Speaker 01

  Yeah, but I don't think that you go to jail for that in this day and age.

• 1:27:32Caleb Hammer?

  Yeah. Math, yeah.

• 1:27:35Speaker 01

  This prescription.

• 1:27:37Caleb Hammer?

  Prescription.

• 1:27:37Speaker 01

  They have that days.

• 1:27:40Caleb Hammer?

  Yeah, yeah, yeah.

• 1:27:41Speaker 01

  Convergent, it's very hard to get the prescription.

• 1:27:45Caleb Hammer?

  Uber Eats. Airlines, airlines, airlines, airlines, airlines, airlines, airlines, airlines, Amazon, Amazon, Tempest, 2800 on Tempest, whatever that is. Airlines, Amazon, exotic finish detail, $480. Uber, Amazon, Uber, Uber, Uber, Uchiko. Can flights, Morningstar pools, you have a pool?

• 1:28:04Speaker 01

  I do.

• 1:28:05Caleb Hammer?

  Pool cleaning? Maybe that's what that is. Lowe's. And Von To. Conjay. Lovesack, you got some couches, 1200 bucks.

• 1:28:15Speaker 01

  Damn, those were not worth it.

• 1:28:17Caleb Hammer?

  Well, airline, airline, airline. Uh-uh.

• 1:28:19Speaker 01

  It's like a beanbag.

• 1:28:20Caleb Hammer?

  Airline. Nobu, Atlanta. $21,000.

• 1:28:26Speaker 01

  Bro, why are you? It's chill, bro.

• 1:28:29Caleb Hammer?

  Because it's adding up, because it's like every four days.

• 1:28:32Speaker 01

  We know that, it was far on like 300 racks or something, bro. I like to treat, because, listen. The, for example, the Trend Twins came out to do my game show video. You know, the gigaviral one?

• 1:28:44Caleb Hammer?

  Island Boys?

• 1:28:45Speaker 01

  Gigaviral, Trend Twins, awesome. They flew all the way to Atlanta just to be on my game show.

• 1:28:50Caleb Hammer?

  Are they the ones that?

• 1:28:51Speaker 01

  No, no.

• 1:28:52Caleb Hammer?

  They suck their?

• 1:28:52Speaker 01

  The muscular ones.

• 1:28:54Caleb Hammer?

  Okay.

• 1:28:54Speaker 01

  Not the Island Boys, Trend Twins, either way. The point is, they went out of their way to go help me with something. Of course, you're staying in Denobu. They said, they told me that a bunch of people, when they go out for a collab, they make them share a bed because they assume they're twins, you gotta share a bed. And it's like, bro, grown ass.

• 1:29:08Caleb Hammer?

  You can treat them without this, you can treat them for like 5,000.

• 1:29:11Speaker 01

  No, no, no, it was for everybody. Steiny, Bob Manery, everyone that came out stays in Nobu. Because, bro, they're doing me a favor, the least I can do is put them in Nobu if I have the money. I don't need to, what, I needed to save 5 million?

• 1:29:23Caleb Hammer?

  Yeah.

• 1:29:24Speaker 01

  Delta, Delta. By the time I have kids, so I got 10 years to save 5 million.

• 1:29:27Caleb Hammer?

  Or, I mean, do you guys, do you? Bro.

• 1:29:31Speaker 01

  Me?

• 1:29:31Caleb Hammer?

  Yeah, with her.

• 1:29:32Speaker 01

  I was, uh, what you call? IUD.

• 1:29:35Caleb Hammer?

  Okay, IUD, guess what? We just had someone on the show, IUD, baby popped up. It can happen.

• 1:29:42Speaker 01

  But what's the point with that? Oh, then I have a child.

• 1:29:44Caleb Hammer?

  No, not in 10 years.

• 1:29:46Speaker 01

  Yeah, but then it's like, what, what do we say, 50,000 a year? How about, how about this? How about I just don't do one Airbnb this month? I won't do one Airbnb if I get a girl pregnant and then we'll set that aside.

• 1:29:56Caleb Hammer?

  It'll go somewhere else, but Uber Eats, Summer Moon. Bail bonds, bail bonds, bail bonds, bail bonds, bail bonds.

• 1:30:03Speaker 01

  Oh yeah, that's what the is this? Cause uh, the game show.

• 1:30:06Caleb Hammer?

  The game show?

• 1:30:07Speaker 01

  The game show we just filmed.

• 1:30:09Caleb Hammer?

  Bail bonds?

• 1:30:10Speaker 01

  We had to bail out people from prison.

• 1:30:12Caleb Hammer?

  Dangerous people?

• 1:30:13Speaker 01

  Petty crimes.

• 1:30:14Caleb Hammer?

  Oh thank.

• 1:30:15Speaker 01

  No, I mean, they were pretty people like aggravated assault, armed robbery, battery.

• 1:30:21Caleb Hammer?

  Well, I'm glad they're back on the street. That's what this country needs.

• 1:30:24Speaker 01

  Well, brother, they weren't convicted yet. They were just in the one of the worst jails in the world because they were black. I don't, I won't stand for that.

• 1:30:31Caleb Hammer?

  Okay.

• 1:30:31Speaker 01

  Me, me and the black community are like this, bro.

• 1:30:34Caleb Hammer?

  It's not about being black. Every place that just lets people on the streets with no cash bail are the most dangerous places right now.

• 1:30:41Speaker 01

  Oh, really?

• 1:30:41Caleb Hammer?

  You just incentivized that. Yes, really.

• 1:30:44Speaker 01

  Dude, you know what? It's like, may, I thought they were good people, you know?

• 1:30:48Caleb Hammer?

  Glad you thought so.

• 1:30:49Speaker 01

  Sure, you, he armed robbery.

• 1:30:49Caleb Hammer?

  I wish the jury could have decided instead.

• 1:30:51Speaker 01

  Very, um, I think everyone deserves, uh, at least, you know, when it, why is it guilty until the innocent?

• 1:30:58Caleb Hammer?

  It's not, but they're off the street for rest. For rest, they're off the street for rest.

• 1:31:02Speaker 01

  Every single day in that jail, somebody was getting stabbed. So, bro, you gotta understand that it's, bro, they're not bad people and they're not been proven to be bad people. So I'm gonna give them the benefit of the doubt. And if you did armed robbery or somebody, bro, I think you deserve a second chance. You just weren't very.

• 1:31:14Caleb Hammer?

  Eventually serve your time.

• 1:31:16Speaker 01

  Yeah, yeah, exactly.

• 1:31:18Caleb Hammer?

  Okay.

• 1:31:18Speaker 01

  But, but you're talking about.

• 1:31:20Caleb Hammer?

  Lots of airlines.

• 1:31:20Speaker 01

  Animals, brother, people that are arrested.

• 1:31:22Caleb Hammer?

  No, it is not.

• 1:31:23Speaker 01

  They gotta be in the jail because they're gonna commit more crimes.

• 1:31:25Caleb Hammer?

  No, it is.

• 1:31:25Speaker 01

  That's what they, yeah, bro, the people watching that, that's what I got from that.

• 1:31:28Caleb Hammer?

  That is a bad take. That is a take.

• 1:31:31Speaker 01

  That's what you just said, bro. You're putting it in your own mouth.

• 1:31:33Caleb Hammer?

  It's because you're trying to moral masturbate it. Every single time a policy like that has been enacted in a city, crime goes up, repeat offenders that are released, cat, immediately released. It's catch and release. It never works. It's been proven.

• 1:31:45Speaker 01

  I, I.

• 1:31:46Caleb Hammer?

  They had to revert that in San Francisco because people were getting hurt.

• 1:31:49Speaker 01

  No idea what you're talking about right now.

• 1:31:52Caleb Hammer?

  Why do you try to moralize it like a high horse moral cunt?

• 1:31:55Speaker 01

  You have to have, uh, some consciousness to every decision and sure.

• 1:31:59Caleb Hammer?

  One.

• 1:32:01Speaker 01

  I at least I was thinking before I made a decision just because you think you have this

• 1:32:05Caleb Hammer?

  Or did you want to make content?

• 1:32:06Speaker 01

  You just described them, obviously, what are you talking about? They're on a game show. I held them at gunpoint to put on the game show.

• 1:32:12Caleb Hammer?

  So I'm trying to moralize it.

• 1:32:14Speaker 01

  What are you talking about? I think they're still, I'm, bro, I wanted them on the game show, but I still wanted them to like, I can still think-

• 1:32:20Caleb Hammer?

  Then why aren't you doing that? Instead of 20,000 hours a month in Uber Eats, why aren't you bailing out people all around?

• 1:32:24Speaker 01

  I have to give away money to like kids in Africa and shit. That's where we're trying to build a school. It's actually South America.

• 1:32:30Caleb Hammer?

  You're doing one of the school things. Why is every YouTuber trying to do a school? No one's able to do a school. Didn't Kai just fail building a entire-

• 1:32:36Speaker 01

  The school is too hard. We're not actually doing that. That's an umbrella term. We're doing 300,000 for the school, whatever. We have to sprinkle it around, right? We did this for the convicts, then we're doing this for the kids, whatever. Moral masturbation or not, content. I have, I don't think they're bad people. You said catch and release, bro. I don't think they're animals, dude.

• 1:32:53Caleb Hammer?

  No, it's not about animals. It's about any time that has been enacted.

• 1:32:57Speaker 01

  You think you're right, doesn't make my-

• 1:32:59Caleb Hammer?

  Well, the statistics are right.

• 1:33:01Speaker 01

  My opinion on it, there's a flow of logic that someone on the planet-

• 1:33:06Caleb Hammer?

  It's moralizing.

• 1:33:07Speaker 01

  Okay, sure, whatever. That's my flow of logic. It led to the moralization of these people. I feel like everyone's done stuff that would land them in jail. For example, I've had tons of [BLEEP] me before. Why didn't I go to jail? Because I got lucky, bro. And I don't think I'm a bad person. Maybe I should. I don't think, I don't personally think I should go to jail.

• 1:33:24Caleb Hammer?

  No, I'm not saying that either, but there is a reason why we don't arrest someone for a crime and immediately make sure they're out on the street.

• 1:33:32Speaker 01

  What do you want me to say? Okay, you're right, I shouldn't have bailed them out?

• 1:33:34Caleb Hammer?

  No, but when you moralized it, saying that it's like bad to not catch and release people.

• 1:33:39Speaker 01

  Oh, well, no, no, no. I'm saying that's not, I'm saying I empathize with these specific people.

• 1:33:43Caleb Hammer?

  You can empathize with them. I also empathize with the people that a crime was committed against, especially violent crime.

• 1:33:48Speaker 01

  Hmm.

• 1:33:49Caleb Hammer?

  Hmm. Delta, 496 plaster. Yeah, I mean airlines galore with this [BLEEP]. Just keep going through this.

• 1:33:57Speaker 01

  It adds up.

• 1:33:58Caleb Hammer?

  Cleaning, yeah, you should probably clean that place. Is your guys' place is nice and clean? Your house?

• 1:34:03Speaker 01

  I don't know, it's clean enough.

• 1:34:06Caleb Hammer?

  Okay, well, you got cleaners, you're paying a lot for it. Okay, 56,000 hours owed on- Yeah, it's a Martin. That's the only car that has debt on it.

• 1:34:14Speaker 01

  That's a Huracan, yeah.

• 1:34:16Caleb Hammer?

  Okay, do you know the interest rate?

• 1:34:18Speaker 01

  No.

• 1:34:19Caleb Hammer?

  If you called Gerd, would he be able to tell you?

• 1:34:23Speaker 01

  No, because he didn't get that loan. There's almost a 0% chance we could find out the interest rate level, unless it tells me on the app.

• 1:34:28Caleb Hammer?

  It would tell you on the app.

• 1:34:29Speaker 01

  Oh, here.

• 1:34:30Caleb Hammer?

  I'm sure I could click around. Do you even know your monthly payment?

• 1:34:33Speaker 01

  Uh, 3,000, maybe?

• 1:34:37Caleb Hammer?

  Hey, your business checking account is 50,000, yours has 4,000. You have 100,000 hours in CDs.

• 1:34:43Speaker 01

  Yeah, they made me do that because I, uh...

• 1:34:46Caleb Hammer?

  Well, it's a shitty return on investment, but it's harder for you to touch, so that actually might be a good thing.

• 1:34:50Speaker 01

  Yeah, it's every three months that I can touch it. Um, the interest every month is $900, it looks like. Well, actually, I don't know how this works.

• 1:34:59Caleb Hammer?

  When did you get this loan?

• 1:35:00Speaker 01

  Maybe like a year ago.

• 1:35:03Caleb Hammer?

  Okay, 900 of interest accrued last month?

• 1:35:05Speaker 01

  Oh, but some months are zero. I don't understand how this is working. Oh, because it's, I pay ahead. Whatever. I don't know what the interest rate is. Um, but yeah, maybe I got it 10 months ago.

• 1:35:17Caleb Hammer?

  Dude, I think it's like an 18% interest rate, potentially. That's horrendous. Just pay this off.

• 1:35:22Speaker 01

  That's horrendous?

• 1:35:23Caleb Hammer?

  It's really bad. Just pay it off.

• 1:35:24Speaker 01

  I heard it's good for my credit to pay it off slower.

• 1:35:27Caleb Hammer?

  Maybe. Why do you care about your credit, though? You already have a house. What are you trying to utilize credit for?

• 1:35:31Speaker 01

  I don't know.

• 1:35:32Caleb Hammer?

  Pay it off. You're using credit cards already. That's good enough for credit. If it's an 18% interest rate, you're just losing money. If it was four, it'd be a different conversation. That's what I think it is. I didn't see...

• 1:35:41Speaker 01

  Here's the thing. It's like, uh, this is my thought process about it. I don't have to, like, dude, $2,000, $3,000 a month, what's that? One dinner? So just like put that towards the car or whatever. They're gonna worry about it.

• 1:35:51Caleb Hammer?

  Well, why? Why not just pay it off? What is the actual argument?

• 1:35:53Speaker 01

  Because I guess the answer would be I've never thought, like, okay, let's pay this off. But just like, whatever.

• 1:35:58Caleb Hammer?

  Okay. Okay, so, I mean, cash flow, yeah, your average quarterly in was 1885, but your average quarterly net cash flow because of expenses is about 6,800.

• 1:36:08Speaker 01

  Yeah.

• 1:36:09Caleb Hammer?

  And listen, I have 169,000 hours of Pepe. What's it at now?

• 1:36:13Speaker 01

  Oh, why? We invested more into it, right? But it's down. Here, I'll show you the account.

• 1:36:18Caleb Hammer?

  It's emergency fund.

• 1:36:20Speaker 01

  Here, it's 310,000.

• 1:36:24Caleb Hammer?

  Okay.

• 1:36:25Speaker 01

  But it's down, um, whatever, you know, it's not important because it should go to the moon eventually. Maybe this podcast will send it to the moon.

• 1:36:31Caleb Hammer?

  Pepe?

• 1:36:32Speaker 01

  Go by Pepe. He told us financial advice from the Caleb Hammer.

• 1:36:37Caleb Hammer?

  Okay, okay. So I think that's, is that everything? Is there more? I don't have your mortgage.

• 1:36:42Speaker 01

  Bro, I don't have my mortgage either. Who the knows how that work? And you can't tell me adulting is easy, bro. It doesn't make any sense, bro. This shit is so, I don't understand how anybody gets anything done, bro.

• 1:36:53Caleb Hammer?

  A realtor would tell you if you just talked to one, like if you just did that. Okay, here, type in your current address.

• 1:36:59Speaker 01

  How much this thing you say it worth? Market value? Oh dude, we are getting smoked right now. How much do we pay for that?

• 1:37:05Caleb Hammer?

  It's not a good market right now.

• 1:37:06Speaker 01

  Oh, really?

• 1:37:07Caleb Hammer?

  It's okay, Mike. Well, how much did you pay on this?

• 1:37:09Speaker 01

  I thought it was 2.4, but maybe I was wrong. Cause we got appraised, we paid a hundred less than appraisal.

• 1:37:16Caleb Hammer?

  Oh, yeah, well, appraisals, yeah, I don't know.

• 1:37:20Caleb Hammer?

  Not only are you in that neighborhood, you're far down. Oh my, it takes a, just to get out of that neighborhood.

• 1:37:26Speaker 01

  It's a beautiful drive.

• 1:37:27Caleb Hammer?

  Horrible place to live.

• 1:37:28Speaker 01

  Dude, bro, I feel like, I never once been like, holy, this is a mistake, bro. But, okay, okay. Next time I'll consider that, I'll buy a crib.

• 1:37:45Caleb Hammer?

  Oddly enough, in the end, this is all simple. Your mortgage is probably fine. He's making your payment. The car, I would, I would pay it off. Okay, I'll pay it off. But even if you don't, I'm not killing myself. I have two things I want you to do.

• 1:38:01Caleb Hammer?

  Two things I want you to do. This isn't a budget thing because you don't have a normal budget. It's not making a budget. Yeah, okay.

• 1:38:08Speaker 01

  Cause I did actually come here to learn about this.

• 1:38:10Caleb Hammer?

  No, I got you.

• 1:38:11Speaker 01

  I think I'm, this is gonna be a big takeaway moment for me, unless it's ridiculousness, but I think you understand where I'm at enough. So it's a, it will be a digestible solution.

• 1:38:20Caleb Hammer?

  Unfortunately, I'm just putting down two numbers and you're almost there. Okay.

• 1:38:27Caleb Hammer?

  I want you before the end of the year to save up $6 million as close as you can. And do not touch it. Your CD is 100,000 hours on the way to it. You got 300 in Pepe. I just want this. And this is what you're gonna do. You are gonna get with, they're actually YouTubers, but they're financial advisors. They manage my money with their abound wealth. They're very good, very trustworthy, very good people. Legitimately good people. Called the Money Guy, not a sponsor, but they're gonna do this for you. But you're gonna give them $6 million throughout this year. They will manage your investments and they will manage your emergency fund.

• 1:39:07Caleb Hammer?

  So you can't touch it. So you can't touch it. That will grow, so you have something to rely on.

• 1:39:14Speaker 01

  Wait, do I get to touch it?

• 1:39:15Caleb Hammer?

  You can get to touch it. If everything goes to zero, you can touch it.

• 1:39:20Speaker 01

  Bro, none of them ever go to [bleep] zero.

• 1:39:23Caleb Hammer?

  Well, then you never need to touch it.

• 1:39:24Speaker 01

  Then I'm just pissing, okay, I agree.

• 1:39:26Caleb Hammer?

  You're not pissing it away. It's gaining 10% a year for the rest of your life.

• 1:39:29Speaker 01

  But it's gaining [bleep] all if I can't touch it? If I die with $70 billion, then the [bleep] just happened there.

• 1:39:36Caleb Hammer?

  No, no, no, don't get me wrong. I mean, touch it around like 40 or 50 or something. And they can help you do a safe withdrawal rate. But that's, that's what I want you to do. I'm gonna literally email you my guy. I'm gonna put us on an email together, like legitimate, you know, whatever. He's really good. His name's Carter. He's like the top dog there. And the goal is to get you $6 million by the end of the year, which you can do. That is not complicated. $6 million for you. It's just a little management in different places. Have Gerd, Gerd Malerd, have him put that money aside. Make sure there's, okay, well, we have...

• 1:40:13Speaker 01

  Okay, well, I'm trying to understand where it comes from.

• 1:40:15Caleb Hammer?

  Oh, yeah, let's call it nine months left, okay? And we're just trying to do $6 million in nine months. It's a lot.

• 1:40:26Caleb Hammer?

  That's 666,000 hours a month. Okay, maybe it's a two-year process. It's a two-year process.

• 1:40:30Speaker 01

  I'm trying to understand.

• 1:40:31Caleb Hammer?

  Yeah.

• 1:40:32Speaker 01

  I feel as if personally, it would be more worthwhile to, since I'm so young, put the gas on a pedal and invest into my brands, like my supplement brand or my clothing brand. Wouldn't it be a better return to go all in on that than capping myself to 10% at such a young age?

• 1:40:52Caleb Hammer?

  I can't say it's a better return because we don't know what the return is going to be. And that 10% is average. It's 10 to 12. You'll get 30% one year, lose one another year.

• 1:40:59Speaker 01

  Okay.

• 1:41:00Caleb Hammer?

  No, listen, no, no, no.

• 1:41:01Speaker 01

  This feels like a lot is all I'm saying.

• 1:41:02Caleb Hammer?

  It is. It is. So here's what I say. Let's come to a compromise. 300,000 hours a month for the next two years and that'll get you there. At least you set up for success because you might change your mind in the future.

• 1:41:13Speaker 01

  Would I get there if I did 200,000 a month for two years?

• 1:41:15Caleb Hammer?

  200,000 hours a month for two and a half years, maybe.

• 1:41:19Speaker 01

  Oh, okay. So assuming, I, I, we've talked about this. I think I'm, you know, going to the moon, whatever.

• 1:41:24Caleb Hammer?

  Yeah.

• 1:41:24Speaker 01

  Let's just say, let's just assume for, I would like to, I, I'm confident for the next four years, I will be able to make, I will be able to invest into this. If I did 200,000 a month for four years, I would be totally giga good.

• 1:41:38Caleb Hammer?

  Yeah.

• 1:41:39Speaker 01

  I can do that.

• 1:41:40Caleb Hammer?

  Okay, so here's how I would try to do this. So let's say an average of a million comes in a month, right?

• 1:41:47Speaker 01

  Okay.

• 1:41:48Caleb Hammer?

  Yes?

• 1:41:50Speaker 01

  I do, I gamble way too much. It's like literally, uh, minimum, I would never make less than at this point in my life, 800,000.

• 1:41:56Caleb Hammer?

  800,000 dollars comes in a month. Love it. Times point seven because you're setting 30% aside for taxes. Have you paid your taxes?

• 1:42:05Speaker 01

  No, Amanda's doing them.

• 1:42:06Caleb Hammer?

  But, okay, you pay your taxes. Good. So you actually have 560,000 dollars left a month.

• 1:42:13Caleb Hammer?

  Yeah, but then your business expenses. So actually, no, no, no, your costs, okay. No, no, no. We start with 800.

• 1:42:21Caleb Hammer?

  I'm gonna say spend 400,000 hours a month on business. Wherever you want reinvesting new YouTube videos, whatever. So that's $400,000 a month profit times point seven because you're setting 30% aside. You have an extra $280,000. Just for even two years. Have fun outside of content with $80,000.

• 1:42:48Speaker 01

  A month?

• 1:42:48Caleb Hammer?

  Yeah.

• 1:42:50Speaker 01

  Alright.

• 1:42:51Caleb Hammer?

  Well, I have fun in content for 400.

• 1:42:53Speaker 01

  Okay.

• 1:42:54Caleb Hammer?

  400 you can spend a month.

• 1:42:55Speaker 01

  Yeah, yeah, okay, I see, I see.

• 1:42:56Caleb Hammer?

  I have fun in content and business. I mean, clearly you were able to do it. You were able to put a lot of money into that crypto right there. So you're able to put money in it.

• 1:43:05Speaker 01

  Yeah, yeah, yeah, that was, uh, yeah.

• 1:43:07Caleb Hammer?

  Okay, so here 800,000 comes in. This is how we're gonna try to structure it. And Gerd is gonna try to structure it like this. And then you are gonna meet with my guys and they're gonna set you up for success. 800,000 comes in minimum. You spend 400,000 hours on business content reinvestment. Very good. Then you got 280,000 hours after taxes left. Cause that is business expenses. You don't have to count that against your taxes.

• 1:43:29Speaker 01

  Oh.

• 1:43:31Caleb Hammer?

  Okay.

• 1:43:31Speaker 01

  This is next level, bruh.

• 1:43:32Caleb Hammer?

  Barely, this is five numbers. Uh, $80,000 is spent on life.

• 1:43:38Speaker 01

  That's, that's pretty good.

• 1:43:40Caleb Hammer?

  That's good. 200,000 hours goes to the wealth advisors to make sure.

• 1:43:45Speaker 01

  Okay, and then so say we do 800 minimum. If I make more, say I do a million and a half a month.

• 1:43:50Caleb Hammer?

  Blow the rest.

• 1:43:51Speaker 01

  Oh, this is a night, this is dope. I actually can get behind this. That was a well put together, let me see that.

• 1:43:57Caleb Hammer?

  Okay. I'm just trying to, whatever gets you there.

• 1:44:01Speaker 01

  This actually is making incredible amount of sense. When you put it like this, uh, 400,000 on content and 80 racks to, so 500,000 just to like chill out.

• 1:44:09Caleb Hammer?

  But you can't spend a million on content like you did last month.

• 1:44:12Speaker 01

  Well, yeah, but I, that's not the goal to spend that much every month. But, um, I wanted to try something new. And if it turns out to be good, then maybe the content budget is just gonna have to go higher in the pursuit of bigger career or whatever, or we find ways to make it cheaper. But the point is. That's not consistent.

• 1:44:31Caleb Hammer?

  I'll say this, 400,000 hours on content, if it costs 500, it needs to bring in an extra 100,000 than it did before.

• 1:44:38Speaker 01

  Yeah, I understand. I think that's going to be the only disconnect we have here because I'm okay, just like chucking a risk.

• 1:44:46Caleb Hammer?

  But not with this. I need you after taxes to have an extra 280 a month. Anything can happen before then.

• 1:44:53Speaker 01

  If we do this, most of the time it's chill. Like if I hit this eight months, I'll be stoked.

• 1:44:57Caleb Hammer?

  Okay.

• 1:44:58Speaker 01

  Because that's still good money, bro.

• 1:45:00Caleb Hammer?

  It's a start. It's a start.

• 1:45:01Speaker 01

  Bro, I don't know what the kind of caviar my kid's gonna be eating, but, bro.

• 1:45:05Caleb Hammer?

  Not much.

• 1:45:06Speaker 01

  200 racks a month?

• 1:45:08Caleb Hammer?

  Yeah, no, no, it is, but for your position, unfortunately, it's not.

• 1:45:12Speaker 01

  Yeah, yeah, yeah. Okay, okay. This is very well put together. I think I'm going, I am going to try and do this because that's dope.

• 1:45:19Caleb Hammer?

  Okay, will you meet with my guys?

• 1:45:20Speaker 01

  I'll meet with your guys. But here's an interesting thing.

• 1:45:25Caleb Hammer?

  For real life.

• 1:45:25Speaker 01

  For content, but also this is not for content. My mom wants to invest my money because she thinks it's fun.

• 1:45:32Caleb Hammer?

  No.

• 1:45:33Speaker 01

  But she's bored and retired. Just give her like, we gotta throw her, we gotta throw her 100,000 a month.

• 1:45:38Caleb Hammer?

  Make an extra 50 and give it to her, but you need 280,000.

• 1:45:42Speaker 01

  The winning money will go to my motor to invest. This guy will go to the pros.

• 1:45:45Caleb Hammer?

  Anything extra you make, you do whatever with, man. You do whatever.

• 1:45:48Speaker 01

  Dude, I actually feel like hella smart right now. I think this is going, I'm gonna be the richest person ever.

• 1:45:52Caleb Hammer?

  Just make sure enough is put aside for the taxes. Okay, dude, listen. Let's get your hammer financial score, then we're gonna go to the post show and let your poor employee confront you.

• 1:46:01Speaker 01

  Yeah, Edward, get him up here, bro.

• 1:46:03Caleb Hammer?

  Yeah, I will. And have a pair of balls too, just because he pays your bills and keeps a roof over your head.

• 1:46:08Speaker 01

  I don't pay, I'd be giving him a thousand dollars a month.

• 1:46:10Caleb Hammer?

  Is he allowed to speak out without consequences?

• 1:46:12Speaker 01

  Dude, Edward can say anything that he wants and he wouldn't be afraid because he is a grown ass motherfucker, dude. It's not like a fully grown dude. Just because his skin glows better than yours don't mean, bro, that's what you want. Is you want the GHKCU to...

• 1:46:27Caleb Hammer?

  He just hasn't done any adult things, but I get it.

• 1:46:29Speaker 01

  Yeah, yeah, yeah.

• 1:46:30Caleb Hammer?

  Okay, spending in a budget. I mean, listen, you didn't spend more than you made and someone went to investing. It was Pepe. It's not great though. The money went to insane places. Four out of 10 for that one. Your debt? Your debt's not that bad. I mean, for your income, it's obviously... You got a mortgage, it's gonna be a seven out of 10 because it is a high interest rate card. But for your income, emergency fund, there is no emergency fund, zero out of 10. Retirement, would you consider the Pepe? It's not how I would do it. But for your income at your age is actually a really bad amount, one out of 10. Real estate, it's probably mid at like a five out of 10 because I don't know what rate you have. You would assign to any rate and you probably are underwater currently. Listen, Hammer Financial Score, five or 3.5 out of 10.

• 1:47:14Caleb Hammer?

  It'll be higher before you know it if you actually follow this. Get yours at CalebHammer.com. We're gonna go into the post show, his employee is gonna confront him and who knows what else we're gonna talk about. An extra 20 minutes plus three premium shows posted every single day, Monday through Saturday. Click, join Hammer Elite, see you in the post show.

• 1:47:29Speaker 01

  We could do something small and fun. We could do like 10,000, that was your limit?

• 1:47:33Caleb Hammer?

  I'll do 10.

• 1:47:36Speaker 01

  $10,000 coin flip, you have my word on why are you today?

• 1:47:40Caleb Hammer?

  Yeah, same.

• 1:47:41Speaker 01

  $10,000 coin flip.

• 1:47:45Caleb Hammer?

  Hammer Elite is the best YouTube membership on the platform and I just upgraded it. Three exclusive dedicated shows every single day, Monday through Friday. Join with the link in the pinned comment or description below. This is the best membership you'll ever join, that's a promise.

• 1:48:03Speaker 02

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