I Give Up | Financial Audit

Did you not just hear what I said? Paying it off, though. So, like, I don't understand why I heard you say that. I know you are paying that off. Yes, you have much worse debt, and this does not need to be paid.

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Oh, hi. My name is Avery. I'm 26 years old. I'm based in Austin, Texas, and this is Financial Audit. Avery, Avery, Avery, is your last name Overdraft, by chance? No, but it makes sense if it would be. It would make sense if it would be because that is, um, that is going to be a big part of this. So, 26 years old. What do we do here in Austin? Uh, I work at a car company. What do you do there? I, uh, build cars. You build cars? That's pretty much it. How much do you make for building cars? Uh, 44k. Thousand, I think, I believe so. Okay. How do you feel now? 44, you know, single income, mhm, in general, you could do okay in a lot of places in the United States. Austin's one of the more expensive cities. That's certainly going to be a harder income to live off of. How are you doing? I'm doing, um, like, it's okay, but I know I could be doing better. Um, also the fact that, like, it wasn't my first choice to move down here. So, there. Where do you want to go? Um, not here. Why'd you come here? Uh, cuz my friend, she works at the car company, and she's like, "Hey, just, you know, apply." So I did. And the person I was dating at the time, they applied too. And so that's how we got over here in the first place. Yeah, but you could have gotten a job somewhere else just because you got accepted to multiple places. So I have to get, so I have to get out of debt first before I can do that.

Okay, so in general, your financial picture, I'd love to know where you assess yourself. Give us a score, 0 to 10, zero being the worst, 10 being the best of your finances. It would be a 0.5, cuz I did the financial hammer thing before coming over here. Oh, you did it? You can do it for free in the description below. Okay, so 0.5. Let's see how accurate that is. And usually, it is pretty accurate by the end. But again, we will go into the overdrafts. You went hard on that. And what was disappointing is in your checking account was a lot of spending, but we're overdrafting. Yeah, she's giggling cuz she's on camera. I promise. Doesn't mean she's like the Lulu or whatever everyone's saying. I hope. Please tell me how many hours. Uh, so is that hourly or is that salary? It's a bi-weekly. No, or do you, I'm sorry. It's okay. Do you work a salary position? No. You work hourly. What's your hourly wage? Uh, $23.50. How stable is that? Uh, it's decent. I like it's a recent raise compared to the $22 that I was making prior to that. Well, how stable are your hours? Uh, I would say not a monthly basis, but like every other, like every three or four months cuz they change it. Like, like cuz I mean, like I live above my means with that. I mean, like, how stable are your hours? Like a guaranteed 40 or like what? Yeah, no, definitely guaranteed 40. It's just that the hours would be, sometimes it would be 12 hours, and sometimes it would be 10 hours. So that's what I mean. It's like that 2-hour difference, like makes a lot on a paycheck. It's a huge difference from when you make what you make just doing 10 hours versus what you make making 12 hours. And the way I'm doing my expenses, okay, the way I'm doing my expenses right now, it's like I'm still living off that 12-hour like minimum compared to what I'm actually doing, which is 10 hours.

Okay, so you landed yourself in a lot of debt. Yes. But you're also not doing yourself any favors on this first card alone. It's a cruel interest, my dude. And this is, this is something that kills me every time I see it. It, like, it literally. Don't, don't apologize to me. This isn't me. I might have a little stress moment right now, but this is your life that you're impacting. One of the things that pisses me off the most, it's cuz it's own. It's straight-up actions. It's straight-up actions compared to a lot of other things that can be in finances. Straight-up actions. You started with $369 on a credit card balance, which is an amount that's like attackable. We could get that. We paid them in a monthly payment. What did we do after that? We purchased $116, even though it's accruing interest on a monthly basis. See, the thing is, like, I can pay it off with like one paycheck. Right? I can. We should probably pay it off. Yeah. But then that with the the method of, I'm the way I'm paying things out. What, what's your method? Okay, what's your method? This is your second time mentioning this method. What is your method? Okay, so like, I, I get two paychecks per month, right? That's, yeah, like most people, like normal society, whatever. But point being is, it's the fact that, like, for my first paycheck, I pay, I think, Capital One, Hot Topic, and Walmart credit cards, like the monthly bases on that. And then I have my electric bill and like other expenses that I pay because I'm forgetting at the moment. But and then my second credit card, I mean, the second, um, words, the second, uh, payment that I do, or my the second time I get my paycheck, yes, I, uh, what's it called? I pay rent, my car, and I pay, um, what's it called? The other remaining credit cards that I have. Your car is insane. Now, and also the auto insurance. Yeah, your means, dude. I'm sorry. Don't, don't apologize to me. Apologize yourself.

Okay, so Disney Rewards. It's a Disney Rewards card. Who the heck has Disney? I haven't been to Disney like in a hot minute. So you can't guilt me on that. No, but why does anyone have a Disney Rewards? Just, I just said I haven't been to Disney in a hot minute. I used to go when I was a kid, like a son. So you got a Disney Rewards card for that? Yeah. That one. When was recently too? Balance $4,450.44 with a minimum monthly payment of $40. These are going to start stacking up, and they are very bad. When it comes to a $44,000. How many hours again do you work on? Oh, no, 40 a week. Okay, sorry. So 10 hours a day. So you work four days. Why are you not working more then? Why do you not have a second job? Uh, because, well, if you can't afford to live, though. I can. What do you mean? I guess I can afford to live. I mean, not the way, remember how you just described how you survive? Yes. Like the minimum monthly payments are being made. This paycheck for half our accounts, and this paycheck for the second accounts. And fun fact, we overdraft. Can we afford to survive? Survive if we are borrowing money? We can't afford to survive if we don't let other people borrow money from us. What? My mom borrows money from me sometimes. So that's why, like that. But you can't afford to lend any money. What do you mean? Borrows money for you? Yeah, she does. Like, what? She's borrowing money. Like, how much money? What should be buying? Um, I think men's, like, $100 bucks. Like, yeah, like $100 isn't going to make or break your entire life. Yeah, so that doesn't make sense. That is not a weak survive. If, okay, if $100 makes or breaks your life, also known as $1,200 bucks a year, then yes. It's, it's not every month, though. It's like scattered. It's not like every, like, so it's even less then. Yeah, but even with that, then absolutely you can't survive. So I'm not going to take that. That's an excuse. It's not an excuse. It's not an excuse. I'm just, you just said you just. No, because how is an excuse? How is it an excuse? I'll tell you. You want to replay the clip? Brandon, replay the clip. "Can we afford to survive if we are borrowing money? We afford to survive if we don't don't let other people borrow money from us. What? My mom borrows money from me sometimes." He just replayed the clip, and you just said you'd be able to survive if you didn't weren't lending money to other people. You're overdrafting, dude. That's only once. Like, that's only like that month. Yes. No, no, no. Yeah, no, legitimately. I have the receipts. How can you possibly say that? You're going to piss me off. Forgive me. Come on. You're so jovial. Don't, don't make me just like you. There's no reason to. Oh, what are we doing? What's important to survive when we can't pay our bills and we're overdrafting? What is it? Sally Beauty, so that we can do black lipstick? That's great. And then we go inside of a gas station and purchase $20.89. That was on a whim, though. The Sally Beauty was on a whim? Yeah. No, on what? On a whim, like it was just cuz I wanted to. Yes. No, how do, how does that justify? That's what I'm saying. Like, it's not, it's not, it's not a daily occurrence. Doesn't. It's a one-time purchase. Of course, it's not a daily occur. Yeah, that's. But you're making it, you're making it sound like it's like every. You're making it sound like it's every month when it's not. How do I know? I have one month. That's what I'm saying. Cuz you only ask for one. Dude, buddy, you're accruing interest on this car that you're not paying off, and you go to Sally Beauty for $52.85 and then go and get some snacks for $20.89. We just can't afford it. It's as simple as that. So I don't give a sh. It's a splurge. No, a splurge. That's a splurge right into your grave. Also, you're wrong, cuz I do pay my car payments on time. That's another reason why I'm overdrafting. Buddy, what the, what am I wrong about? I pay them on time. Like, I still make the payments. I just, or I, I over with money you don't have because you're overdrawing on your checking account. I'm going to die. What are you? Seemed like the nicest person in the world, and it's okay to be nice, but please, please, please, please, please, please, please, please, you're going to send me to my grave early. When in the process of lowering your monthly expenses, you should be looking at everything that's taking precious monies from your account. That includes your phone bill. One of the quickest ways to save up to $1,000 per year is by switching over to an affordable phone plan. This is possible thanks to today's sponsor, Helium Mobile. People I know all around me and my business phone personally has switched over to Helium Mobile, and for only $20 a month, and I'm getting 5G coverage that includes unlimited data, text, and calls. 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Okay, it used to be worse. Just, what do you, where was it? It used to be worse. Okay, where was it? Like, it used to be like $5,000 maybe. Okay. How do we get to this point for $5,000? Uh, just, you know, paying, making the payments over the course of how long? Uh, maybe 3 years. Oh, okay. That is just a death. I can tell you how I incurred, though. How you, what? How I got it, like, how how high I made it so you don't have to, like, yell at me. How high, how sure I got it because of Pokemon cards and makeup. Okay. Yeah, you're asking to be bullied. That's what you are. Is that your kink? I'm not going to play along. No, that's what happened in the past. All I care is about what we're doing now. Trust me, I've made an endless amount of mistakes. But are you going to sit here like an immature person does that doesn't live in the world and judge me for what I did six years ago or 7 years ago or four years ago, or is that what you're assigning me today? Or are you going to assign for me today what I'm doing today and what I plan to do in the future, like an adult who has any mental capacity beyond a 5-year-old? That's what we do. So that's how I approach you. I'm not going to freak out about Pokemon cards you bought 3 years ago. Is the stupidest? Yes, but hopefully you learned. I did, cuz like I said, it used to be worse, and I don't see $3,000 of Pokemon purchases here. So I'm not going to freak out about that. I'm not going to play into your little shame kink. I am going to go beyond and look at what you did here. What you did here is you had a card that has a manageable balance, but instead of putting more money towards it, we added 25% to the balance because we wanted black lipstick. I'm sorry. They have. Rub some coal on it. Call it a day. They had good deals. Joke. You'll die. Don't do that. Then we can't pay off the debt. Mhm. Okay. We have a Quicksilver card. Quick way into death, grave of insanity. $2,514.2 with a $73 minimum payment. Yeah, these are going to, these are going to stack. I'm still making them, though. That's all that matters. I haven't, like, missed the payment that I know of so far. Okay. Yeah, but we're still purchasing on this. So, girl, my dude, my gosh, I swear. Oh, I, I, I want to, I want to cheer people on, but then I just see this. You're so, you're losing $53 of interest on a monthly basis on this card. Wait, like, and but even though you paid the minimum monthly payment towards it, we purchased money, so the balance of this went up $10, $11, $1. How much? $1? Huh? How much was the purchase, though? It wasn't that much, but the balance went up. Yeah, cuz like, I need, I need an outfit for a concert. Oh, so that's why we went to Taco Bell. Yeah. What are you? I like going to concerts. Like, so we go to Taco Bell. How does that make sense? How does going and getting boba? Going to concert? Okay, so we go to T. Yes. And I don't go to Taco Bell after. Or you eat before and so that's what you're talking about. Yes. But did you eat before or after? Yeah. Um, I don't know. It was like a long time ago. It would be a very risky decision to do that before a concert. Taco Bell. I mean, not really. I mean, if you can hold it, you can hold it. I usually can't hold the water. Well, then that's on you, dude, cuz I can hold it. No, that's on Taco Bell. That's on fake.

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Beef. And then Sharita. So Sharita, that's, that's, that's what you, the what? That's getting you glammed. The Sharita. That's BBA. That's BBA. None of this has to do with a concert. What the heck are you talking about? Yes, it does. Okay, like, look. So I have to, yeah. So when I went and saw Tool with my dad, I wasn't able to get in there unless I got some boba beforehand. Yes, cuz like, you have to, you know, you have to prep your meals before you go. What are you? And then afterwards, you eat as well. Oh my God. Plus, I have like two more lined up. So it's okay. Like, it's fine. Can I ask a question? Yes. Ask a little question. No. Where did you apply to be on the show? Online. Yes. We online? Well, the link in the description. The link in the description. Yeah, it's where you can apply as well. But what the heck? You're so, just like, I get it. I get it. When people get on camera for the first time, they get called up for the first time, they just get these natural instincts that's just like words that I cannot say without getting sensitive people upset. It just makes you turn into something very dumb. Okay. And just, it's just like the concept thing. Who gives a buddy? Who boba and Taco Bell? That's how. Yeah, but that's only two pictures out of the whole entire thing. How are you defending that though? Because it's something that I wanted to get done. Like, I wanted to go get. Want to get. Yes, I know, but buddy, you're adding $10. Your your balance went up even though you're making a minimum payment that you can't afford because you can't afford that sh. You're making that minimum. You, you ruined my. I was trying to go on a little thing. You ruined it. You ruined it. I'm pretty sure it's justified, though. Also, you said you have more concerts coming up. Yes. Okay. I'm going to go see 21 Pilots and Melanie Martinez. I'm so excited. They fell off. No, they didn't. Have you heard the new song? No, cuz they fell off. They didn't. I don't know. I'm sure they're fine. And who else? Um, Melanie Martinez. But I use QuadPay to like pay for those. Stop touching the table. I'm sorry. It's okay. It just makes loud noises and I'm getting upset into your microphone. I can do it. That's cuz I'm the host of the show. Of course. And I'm an angry little. I use, I use QuadPay and like Afterpay on cards. You're like bragging about it almost because it's like, that's a small payment that I have to make compared to like the big payments that I have to make for my credit cards. What is your goal here? What do you mean? What the heck? Trying to get out of this. Trying to like figure out how to stop spending on my credit cards, but I'm like, that's a behavior thing. But the moment I call out literally two simple purchases that you didn't need to survive, your mind went nuclear. No, I did not. Yeah, you were like, I have to do it. Well, yeah, cuz I have to. If boba balls aren't flowing down my throat, I can't sit in a seat at a concert. Eat. Have you ever heard of a sandwich, dude? Have you ever heard of a granola bar? Have you ever heard? Oh my gosh, yes. Hot Pockets, even? Yes, I have. But I always, like, whenever I go to a concert, I like travel in my car. I always either get a protein bar and like water. That's like my go-to. Cool. Why didn't you do that? Because I can't use my credit card. So I used it for another purchase instead. What do you ever just like alternate like that? No. What the heck did you just say? You couldn't use a credit card to get a protein bar of water, so you used the credit card on Taco Bell? What different purchase? The, are you saying it's a different purchase? Like, it's at a different time? Different. My gosh, I, I, I, I, I'm in a dream. What is this episode? Oh my gosh, Riley's gonna love this episode. What is happening? I'm telling you. Buy. I don't even know what the heck I'm doing here. It's fine. Like, I know, I know. Okay. And this is what confuses a lot of people. This is what confuses a lot of people, and I get it. Cuz you're not here. You're not here. You're legitimately here. You applied to get help, and you believe, believe what you're saying is legit. And I just, for a second, just please. I'm just trying to figure out what the heck I can even say. What I even need to do to get through the brick wall that is in front of me right now. I don't mean that as an insult, but the fact that you're just so, like, legit about this, you want help, but you're just like, so beyond defensive and delusional. Just, why are you trying to interrupt everything? Because I'm trying to justify, not really justify, but in a sense, like, it used to be so much worse, and now it's just like, oh, it's only one small thing that's like. But you're not making progress on the debt, and that's what I need help with. Okay. Help number one, stop doing this. What the heck are you talking about? It's hard. Good. Kill me. Like, okay, so what do you, what do you turn to? I want you to take this seriously. I want you to take this. No, you are not. Yes, I am. Yes, I am. So this is, I'm going to ask a question. Or no. Please, please. What do you, what do you do when you're low on money on your checking account, but only have your credit to survive? Guess what? Guess what? Once I learned how to budget, I was never low. I didn't learn that. I know you. I know you didn't. But I am trying to literally give you the most basic pointers, and you won't go through that. Sorry. I am trying to figure out how to like get, uh, how to approach this right now. I, I need to think for a second. I need to think for a second because this is.

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And then you're going to more concerts, which means you have to get more boba. Of course. You more. Don't have. Oh my God. I'm trying to like, I'm trying to correct you on your statements that you're making about my life. I, I was, that was obviously, obviously me being ridiculous saying that, saying you have to get boba to go to a concert. That was obviously me being a cheeky little. I'm sorry. It's okay. It's just like, good. Okay, sorry, sorry. I know I'm being. But no one knows what it's like to say here. Yeah. So this one's interesting. It's inter. I'm just going to move on. Pretend like the rest of that didn't even happen. This treats you like a normal 26-year-old adult. You have a Toyota Camry. Yeah. Woo. I'm thrilled for you. I'm glad you have a car. That's good. Let's shake hands on that. Uh, what I'm not just about thrilled on is the fact that your, uh, um, monthly payment is $652. You want to hear the story behind that? Oh, sure. So the person that I was dating at the time, I was complaining a lot about my old car. My old car before that was a 2012 Ford Focus, and it had the check engine light on. So I'm used to running the cars like that without, like, bothering to check on. So that's ignorance on my behalf, but like, also the fact that since I was complaining a lot, on March of last year, they took me to go see a dealership, and I wasn't planning to get out of out with a car, but I ended up, I ended up trading that car for this one. And instead of like making a voice or anything like that about my finances at the time, I kind of just let them do everything on them themselves. And so that's how I got the car. And then two months later, I got dumped. And you're blaming your ex for this? Not really blaming, just saying I don't like the way I obtained the car. But why'd you bring your ex up? How that's how I got the car, though. Because of your ex. Yeah, so you're blaming your ex. I'm not blaming him. You just said you got the car cuz of your ex. I got it because that's the way I obtained the car. That's like the factual thing. That's how I got the car. I know, but you didn't have to. Okay, okay, okay, okay. So you got the car. You got the car. When did you get the car? In March of last year. This is a $31,000, $3,975 balance for someone who makes $44,000 a year. Yeah, I'm going to end everything right now. $652.70 minimum monthly payment. What's the term on this? Uh, six years. Ho, I'm going to put a gun in my mouth right now. What is the interest rate on this? Uh, I think like 9-something or something like that. It's, it is big time. I've just heard 20% on the show, so I'm just very glad it's not that, but I will not celebrate 9% cuz you're not going to beat the market, especially after depreciation. Yeah, gas car insurance. How's the condition of this car? It has some cosmetic surgeries that it needs to get them. Oh, yeah. I got, I almost, I got ran into a cone like driving out of work. You got ran into a cone? Yeah, so you know how it was like really like foggy that one day. Ran into a cone. So like they were doing construction, right? But the construction is way over, like, already done over by, um, what's it called? By like the road that I take for work. And the van beside me, I guess he didn't see me that I was right beside him, and I honked at him too, and he ran me into the cone. Okay, so like, literally, I think it's on my right side. It's just how it's not too bad. It's just scratches. But I, the windshield's cracked from the heat from last year. The, oh, the heat. Yeah, cracked from the heat. Yeah, cuz I like, I have my windows up, so like, I never roll them down. And apparently, you're supposed to roll, like, roll them down whenever, like, it's super hot in Texas. You think, like, you'd think living here for like a hot minute, I'd know that, but I didn't. Yeah, I mean, I've been here 5 years. I've never heard of that. But I could just, you know, have missed that. Yeah. Um, do we have a value on her car? Um, we don't. You know the value of your car? Let's get that. Oh, I don't have a. By can he go out there and get it? Mhm. It's like parked. So he convinced you to get this, and then you guys broke up? Yeah. Oh, rip. Sorry. No, it's okay. Cuz I also have that thing with the phone as well, cuz my phone, my phone. So the next time you date someone, you're going to let them convince you to get a house or something that you can afford? No, but we're there. Okay. Oh, we got to talk about those concert tickets, but let's get through the car first. The interest rate is 9%. Yeah, again, after everything, you're not going to beat the market, so it's just, it's kind of that, uh, after taxes. Well, let's see what I have. No idea. I got you. Payroll $3,617. Is that correct? I think so. I've never really checked my finances to be honest with you. And you're here, so I can check it, I guess. No, is that why you're here? Yeah. It's almost 20%. Okay. 20% of your take-home pay goes to this car, and that's not even including property taxes and whatever repairs and gas.

Walmart card $492.17, $28 minimum monthly payment. Thank you. Thank you for not purchasing anything on this. Okay, I'm going to stop you there, cuz like, I do, I do tend to use it when I go to buy groceries. But that's what I'm us, I'm trying to become a credit card person, if that makes sense. Well, you're not. I know I'm not right now, but I can be, maybe in the future. That's what I'm saying. Like, I'm slowly getting there. Oh, no, you're not slowly getting there. You're holding balances and you're purchasing on cards that you're holding balances and not paying off. That's the opposite of being a credit card person. I will allow you to use the Fizz card. They've been a longtime supporter, but I support them as well. It acts a debit card. It acts like a debit card, but works like a credit card in terms of your, the impact on your credit. So use that. Like, you are not a credit card person. You cannot do this. But I can attempt to be, right? I can, like, make it. I can attempt to be. Okay, so the way I will allow you to become a credit card person eventually, it's probably years down the road after, well, yeah, that's what I'm saying. Like, I know that after you've proven to yourself that you're able to manage a budget and you'll go through our budgeting program, and it's going to be great. You're going to go through all the education and actually learn how to budget for the first time of your life. But after you do that, and you prove you're able to manage spending, then I will allow a card that you put maybe gas on. You know, it's a little, it's a little steps, little infant steps. Beep. And then if we can prove we can manage that, then maybe we can prove we can manage something a little more complex. And we just continue to build up from there. Okay. You're not even close to a credit card person now. I'd chop them up. I'd close your accounts because you're gonna say that. Yeah, because it's obvious. But like, what if I just hide them away, like in a safe or something, and like, don't touch them because I don't have access to them? Like, do that for a couple months. And if it doesn't work for a couple months, close the accounts. Dang. But what if? Dang, you say dang. So you know it won't work, then. So it's closed now. It will work. I know it will work. If it will work, then why is that a problem? Because like, don't you have to like keep your oldest one open for it to impact your credit? You're thinking about the impact of your credit, but I don't understand how people in your position give a credit. You're not. Shut the heck up for a second. You're not utilizing credit in any beneficial way. It is taking advantage of you. If you're dating someone now, congratulations. That's what it made it sound like. But guess what? You're married to these cards, and you're in an abusive relationship with them because they are just obliterating you. You are not taking advantage of credit. They are taking advantage of you. They own you. And how do you know they own you? Because your car is valued at, this is with maybe a little bit of damage, $2,283,000. Uh, $10,000. So you're underwater of $10,000 in a car you can't afford. Credit's really working for us, isn't it, man? Oh, okay. All right, great. You know how credit's really working out for us? Because we have a $5,000 balance on this Discover card. Are you kidding me? I, it started with a PC, and then it just kind of snowballed from there. That's how it works. Again, not a credit card person, so I don't know why the you'd possibly. You didn't even pay your full minimum. Yes, I did. Uh, I paid more. Like, I paid like a couple cents after it. Okay, then it must have been after we received the statement because because you put $100 towards it, but the interest accrued was $140, so the balance only, it went up. But, okay, I always try to pay like the minimum or at least a little bit more than the minimum, and that's how I end up overdrafting my cards. Cuz even with the car, I pay, it's $652 to pay it, but I pay $670 into the account that I like, where they take the money out from. You're going to make very slow. There is not one recommended debt payoff plan that I've ever seen that is like, put a little extra towards all of your debts at the same time. That's never. It's usually pay off the highest interest first while making a minimum monthly payment on everything else, or pay off the lowest balance first while making a minimum monthly payment on everything else. That's. But you're not. You're just putting a little extra towards this. What are you talking about? Towards all of them. So that way, like, they're slow. That's never been. That's what I just, I just said that that's not what anyone recommends. And then I explained the two methods that people recommend, which is snowball and avalanche. Then you just said that's what you do by doing the complete opposite, isn't it? Isn't it like the same process? You're still paying it off. But your method is going to be so much longer, and you're going to feel like you've made no progress along the way because it's going to take forever to pay anything off. Plus, it doesn't even matter because you make purchases on the cards and bring the balances up anyway. So what the. So the is the purpose? What are you talking about? Be worse. Oh, great. Oh, great. It used to be worse, guys. It used to be worse. So, oh, you know, I only murdered 10 people last year, so it's okay that I murdered five this year. It's getting better, guys. It is great. That's, that's an excuse to live life in a disaster way. This is, this is great. This is awesome. So glad we're here. This is great. This is thrilling. I need the orange extension cable. I'm running out of power. Hot Topic. Oh, good. Explains all that. It's my first card. It was my very first credit card. Makes sense. So that's why I'm like, I'm not sure if you want me to cut it up, cuz like, it's the oldest one that I have. Again, I don't give a. Credit right now. That's not what's impacting your life. Well, okay, tell me, what do you plan on using credit for? Beneficial to you. When are you going to buy a house? You can't afford your car payments. So when are you going to buy a house? I can't afford my car payments. You overdraft on your checking account. No, you cannot. Okay. It's as simple as that. Boom. Shut up. So when do you plan on buying a house? Probably like 10 years from now, maybe. Okay. Okay. We can work on building credit. That's what I'm saying. So I need to be able to do this. We can work on building credit later. If you, if you allowed me to make it through the second half of that sentence. Kill me. Noah, what are you doing? Get an extension. Okay, make sure these are still recording. Technical difficulty. Pause. Noah decided to turn off the entire studio. I'm trying to get you your power. I'm sorry, man. No, it's okay. We're just going to put you on blast in the middle of the episode, and it's going to stay. Au. Dang, you see that one? I only saw a couple. So I didn't. I'm not. You only saw a couple episodes. Yeah, I don't know what tequito means. That's okay. But you love them. That's all I'll say. Okay, okay. Oh, the Hot Topic. The Hot Topic before the power outage. Yes.

[Music]

New Balance $136. This one actually went down. Fees. Is this a fee card or are there fees? Oh, so, um, I accidentally maxed it out like a probably like two or three years ago, and then I, I'm back on rebuilding it back up to what I had. It's way less than what it used to be, is what I'm saying. How that did not answer my fee questions. What do you mean, fee? Oh my gosh, I don't want to be mean. Sorry. I asked the question, and you gave this answer like you were answering the question, but it wasn't even about half in and half out. What do you mean by fee? There's a balance on here, $136.45, the minimum monthly payment of $30. Can one of you turn the TVs on, please? And interest is growing, but we made the minimum monthly payment a little more than the minimum monthly payment, so that's on me on that. But, oh my gosh, I lay down. Did you hear what I harped on? Cuz I want to make it very clear. Okay, what did I harp on? The fee? No, my. And then like the. No, no, no. In terms of paying a little extra on the balance. Yeah. What did I harp on then? The way the way I'm doing it. Okay, so there is something to harp on then. Yeah, but like, if it's, if it's slowly working, I just need a better method to be able to like make it work. Does that make sense? It does. It does. It makes sense that you kind of listened, but you tried to make it sound like there was nothing to harp on, but we already went over that. There's a better way, and you're just doing yourself a disservice. Okay, that's all I have to say. I just don't want to have to say it 50 times. All right, I'm going to give you $20 right now. All you have to do is sign up for Acorns using my link in the description below. It's an amazing investing platform that you've probably heard about before, and this makes the end of your week even better. There's no strings attached. It's literally a free $20. Use my link in the description below.

Okay, so this is a loan. Mhm. Student loans. Okay, so this one's $858 bucks. That one's from my mom's behalf, huh? So like, when I went to school, um, I took out student loans, and I also had a Pell Grant, but my mom took out student loans from her behalf. And, um, what's it called? So I'm the one that's paying for them cuz she can't pay for them. Why? Why is she not? Because she doesn't have the money to pay for them. So I'm paying for them. So that's another reason why my money is going. How much are you willing to talk about this? Uh, just like a tiny bit, not a lot. What are you willing to tell us about her situation? It's just the fact that, um, her financial, her financial situation is worse than mine. Way worse. You are enabling bad behavior in a sense. Yes, because we're going to leave it there out of personal details. Totally, totally fine. Um, if that is the case, I need you to put up hard barriers. And it is so hard cuz it is the person that raised you. It is that mom. Yeah, but at the same time, I feel responsible for it because again, it's mine. One second, one second. Yeah, but you're also giving her extra money. You said like $100 bucks a month sometimes. Yeah, but that's because again, she can't make rent. I know, but because of what you explained, which we're not keeping things, we're, we've got a couple things in the episode. You're enabling her bad behavior. You are allowing her to continue her bad behavior. And what I mean by bad behavior is just financial irresponsibility. You're allowing her to continue that because you're providing what she needs to survive. Because you're allowing that, she is telling herself that she does not need to do what she needs to do as an adult, and she's taking advantage of her child who can barely pay her bills. So I need you to draw a line in the sand. And this is the hardest part of the conversation. This because this involves a relationship, relationship with a loved one, a relationship with a close family member, a parental figure. It's the hardest part of the conversation, but you need to draw a barrier because if not, you're going to be continue to take advantage of. The moment you get out of your own situation, if I can get you there, she's going to take advantage of even more, and you'll never build up a retirement. You'll never be able to invest money. Buddy, I, I want to be able to set you up in with an account with my. I want to deposit like your first money as a reward into your MooMoo account or something like that. I want to do that. But if she's siphoning money out of manipulation, we're not going to get there. So I'll kind of leave it there because I know we can't dive too deep into it, which is totally fine. We want to be able to protect people's privacy in the way they want. But that's going to be a hard part of the conversation. I need you to do that. Yeah, but also like, again, I feel like it's my responsibility to do that. And not to mention, like, since my brother helped me a lot with, um, helping her on that behalf and everything, I feel like most, some of my credit card debt is from because I like giving expensive gifts. But, but, okay, what's the word you just used? You, what? I give expensive gifts. No, you said you like. Yeah, you know what that is? What a want. No, it's not liking to do something. Yeah, it's just. Yeah, that's you doing something you want. That's not me wanting it. Yeah, you said you like giving expensive. I enjoy it. It's nice seeing their faces light up. Want. That's you wanting. Wanting to do that. How is that wanting? That makes no sense to me. My goal. What the heck? Mean. That literally, like, it makes, like, it's not clicking in my brain. You want to give the gift to see their faces brighten up. Yes, you want to do that. It's a want. Oh, it needs to come before wants because your basic survival comes before that. Yes. Yeah. Please say yes. Yes. If I can't get you there, I can't get you anywhere. Yes. Yes. Definitely. That's why I'm like, again, I'm slowly cutting down to what. Like, today was the day of the total solar eclipse. Did it somehow just completely with you? This is insane. I missed it. Sly. So I, it didn't miss you. Sorry, that was rude. But also, this is insane. M, like, you didn't know what a want is. Like, what the word want? The way you're wording it, it didn't sound like a want because it's like, that's not me wanting something. That's not me, my personally wanting something. Okay, so, so she took out the student loans on your behalf? Yes. Okay. And then you took out an additional $5,162? Yes. That's unsubsidized and subsidized one. Oh, no, it actually used to be more because I was paying it while I was in school. What did you go to school for? Uh, theater. Do you have a? Yes. As someone who studied music, that was a waste of time. Uh, but you know, I was just like any other 18-year-old leaving high school is just like, oh, I'm going to go do what I want to do the rest of my life. Going to school for advanced manufacturing. Oh, you're going back to school for advanced manufacturing, though? It could be interesting. Is this trade school? Uh, yes. No, no, cuz it's here, like at the college, ACC type thing. M, okay. That's fine. ACC is very affordable as well. You're not cash flowing it, though, are you? Are you paying for it in cash? No, it's my. I just literally repeated like three times that I'm doing it on behalf of my job. Oh, okay. No, you're right. So like, it's, I'm going to be there for a hot minute, so I'm going to have to stay in my position at my job for a hot minute as well. It's not a bad position. It's, it's certainly a little harder to do personally. Almost made it through a sentence. Okay. Um, and I'm not against school, man. I, I like. See, I think the way you're doing it through a job, that's incredible. And either way, I think a low-cost community college like Austin Community College is great. That's great. I talk about tech certifications, career courses, I like trade schools, and there probably trade school versions of what you're doing. There's a lot of good ways to go through college. Borrowing to go to theater school, not the best, only because it's an uberly competitive industry. Some people are going to make it. And not to mention, like, also the fact that I know it makes a bit less than what I'm making right now, so it's kind of difficult to even go, like, go there. Yeah, zero hour is less than what you're making now. So wasn't it? Yeah, I'm not arguing with you there. Huh? I'm not arguing with you there. I'm like, oh, D. Yeah, you're not paying on this, are you? Huh? You're on like an income-based thing? No, I'm paying on it. It's already started. I'm already paying on it. You're on the traditional 10-year, I think so. Yeah, I don't know. What's your minimum monthly? I don't see $50, $50 or something like that. But I always, again, like I said, I always pay either $100 or more. But this is under deferment. That's under deferment because Mom's income, right? But I'm paying for it. Oh, I know. So, even, you mean, no, I'm paying for it right now, but it's under deferment. It doesn't matter. I'm still paying for it because that's how, that's the way I did doing school as well. That's why that one's so low. But, but it's under deferment, and you have a 30% interest rate just racking up. Yeah, but again, I'm paying it now. Yes, while it's on deferment, so like that way whenever it comes, like whenever, like it bites me.

On the, it's like it's not $800. It's like less. It's going to bite you on the, like 5% you have because that's like the interest rate on there is like 5%. But you have 30% debt. That's a Korean interest on a credit card right now. Mhm. That's more than zero, which is what that's at. And that's also more than 5%, which again, like I said, like I feel like I'm responsible on that because again, I went to school, she didn't. So just going, I mean, congratulations to that. Mention it's so less. So like, okay, you're also responsible for the 30% credit card debt you took out. So I don't really get that argument. Okay, that's I'm I'm I'm paying it off, is what I'm saying. Like, I'm going to go. I've heard that. I've heard that those words made it to my ear. I'm telling you that's stupid. Why? Cuz I did you not just hear what I said? I'm paying it off though. So like, I don't understand why congrat. What I will let you know one more time. I heard you say that. I know you are paying that off. Yes. Yay. You have much worse debt and this does not need to be paid. Oh, is it not going to bite me in if I don't pay it? Cuz that's the mentality I'm coming in like in in with it. It's the fact that like if I don't her name. So it's not going to bite you in the either way. It technically is. Huh? It technically is cuz she used my brother's credit to be able to to get it out. Oh, that's still not you. But technically, again, oh, this child feels responsible. So I get the feeling. But you oh, on the credit card already. I feel this conversation must be what a stroke feels like. This is just I'm what is this? With your brother? Yeah. The one that I currently live with? Yes. What is this? It's she used his credit line to be able to take out. He knows this? Yes. He appr it? Yes. It's an agreement between all three of us. So that's why I'm like, I'm more responsible to be able to pay it off quickly, especially since it's such such a less amount compared to all the I have. I get the feeling. I get the feeling. So what are you putting towards it on a monthly basis? That one, I'm putting like 50 or 100. Like, I'm alternating between the two. Now, imagine if that plus the little extra you put towards everything else was compiled into one big pile that we put towards our smallest debt. You would get rid of that debt. You would get rid of that minimum monthly payment. Then we'd take that chunk of money plus what you're putting towards that smallest debt, the minimum monthly payment, we can put that towards the next smallest debt. And we keep doing that until we all of a sudden get rid of that. And we get to take that minimum monthly payment into the pile. And all of a sudden it grows like a snowball. Whoa. Yeah. But like if I do that and I don't pay that on when it's supposed to be, dude, isn't that going to bite me when it's supposed to be due? There's not like a this isn't a homework assignment. It's not like you have to pay all this by. That you have your minimum monthly payment. Exactly. Yeah. I you pay your. Oh, buddy. I exp I I'm sorry. I'm sorry. I'm sorry. I'm what you said. I understood what you said. But I mean like cuz again, because of the way I have the method. Like, yeah, but your method is incorrect. But it's helping me so far. No, it's not. No, it's not. You're going deeper into that. It's not helping you. It doesn't make any sense. Your because I'm spending. And that's literally. Is anyone still watching this video at this point? I hardly am. Uh, so when I explained the snowball and avalanche method earlier, I explained that you were also putting your minimum monthly payments towards everything that you have to. This is included. So you would not be missing a payment as you just suggested by doing the method. I was just explaining. Are you sure? Yes. What the you mean? I'm sure. What are you talking about? Are you like solid on it? Like it's a positive thing? I'm not going to be able to miss one. We'll build out a temporary budget in the end. But typically, yes. Or else, or else you won't have any extra money to put towards the debts anyway. So it doesn't matter. Okay. Oh, me. Okay. Gosh, I'm probably coming across this such. But this is this is this is this is uh maybe I'm not the right person for this show cuz I can hardly handle this. Okay. Checking account. Woo. We made it, ladies and gentlemen. Whoa. We made it. Where's Allen out? $24. Doing some Black Rabbit, some Nintendo stuff. Cashing out. I'm I am going to make it through this statement. And you are going to sit there and not say a word. And it will be big progress. And I'll be very proud of you for that. Hot Topic. Oh, we're back, baby. We're back to our edgy teenage days. Taco Bell. Still getting them runs. Ghosts. Some taquitos. Mango. I'll explain what taquitos are in a bit. Mangolia. Peter. Unicorn. Something. Some Google subscription. PlayStation Network. PlayStation Network. Red Robin. You's Zing out $23. Some Taquito. Some taquitos. Hot Topic. Oh, and Spencer Gifts. Who went to Hot Topic and Spencer Gifts? It was a great day at them all. Dave's Hot Chicken. Taquito. Taquito Country Cafe. Oh, McDonald's and Starbucks. And you know, you know how important McDonald's and Starbucks was right before overdraft, overdraft, overdraft, overdraft, five in a row. Can I explain though? Oh, I said I'm going to make it through this without you saying a word. And you've immediately failed. I'm sorry. Yeah. Terries. P. Terries. Clara. Oh, Clarine. Let I'll ask you a question so that you can say something. What Clarine? Uh, the Lego. The tickets and the Lego set that I bought my brother. It was like a $300 Lego set. What? What's your brother? Huh? He's 24. Why'd you do what you? What? What was it? What was the Lego set? I think it was Back to the Future. I'm not sure. It's been a Back to the Future. Yes. Classic Back to the Future. He really likes. He like really likes the joke. So like, why? Why not, you know? I imagine the Back to the Future soundtrack sounds like what the is this show? If this is what the Regular Show looks like, it can't even imagine the post show for this one. So can I explain like some of those purchases? Sure. Okay. So what you're seeing there is uh whenever I went to go visit my mom over in my hometown cuz I live six hours away from here. I'm sorry. I I can't get over this. This whole thing. It's okay. Um, so yeah, lost my damn mind. So the majority of the time I'm driving. And some of the expenses like HB and Waco, I had to buy my other brother who's like, I think 21 or so. Had to? Yes. Had to? Yes. You know what had to means? What? You had no other choice. You had to? Yes. Had to do what? Had to buy him his snacks. So that's like a $50 purchase. So if he didn't had snacks, he was going to die. Yeah. Which is you're joking. That's a joke. No, he wasn't going to die. No. So he didn't have to. Continue. Continue this stream of nonsense. Okay. So anyways, um, what's it called? So the day hot chicken and like after that, I was over in my hometown. That's that. And then, um, great. The other purchases or I go to Houston to travel. So I travel a lot to Houston. And some of them are. And you go to Houston to travel a lot. Why? Because I have a my boyfriend lives over there. Oh, goody. Maybe he could pay. He does. But I pay sometimes too. We alternate. Uh-huh. You can't afford to. So no, you don't. He pays if he wants to see you. But we alternate. That's how it works. Proud of you guys. Not anymore. So this is how this conversation works, by the way. M. You do something. I tell you it's bad. I tell you not to do it anymore because you can't. And then you improve your life. Okay. I will. It's great. Simple process. You don't sit shut. You don't sit there for a second or the entire episode and be like, I did this, so it's okay that I did this. And I'm going to continue to do it because it's what I did. That's not how this works. That's not. We make progress. That's not how you change your life around. How much do you have in retirement? 26 years old. I have no idea. Oh, great. You're going to die under a bridge. That's how this leads. That's how this leads. Cuz who knows? Social Security is already makes no sense at this point in our day and age. It's not going to be there by the time we're going to be there. And if it is, the national debt is going to be insane. Anyways, it's chaos, chaos, chaos. So the social safety network network by the time you you have nothing. You have nothing. And the choices you are making are going to continue to be less than nothing. And you're not going to have a chance to survive. And then you're going to come back begging like the people do who say that, wow, life was hard. I have no money. I was never able to buy a house. I can't afford to go do the things you want to do because life was hard and I made no money. When that was incorrect, you just decided that you refused to take any sacrifices or change any of your behavior in your life. Then the rest of us are going to be dependent on giving more of our money to take care of someone who refused to sacrifice in their life. And that's no. You haven't. No, you haven't. Look at these. This is these are the actions of a child. Of a child who refuses to do anything. The words you have said. The words you have said of not being willing to change things. Not you're going to go to two concerts. And you're going to get your stupid boba. You're going to keep splitting things with your boyfriend, even though you can't afford it. You're going to keep enabling your mom. You are not making the sacrifices. You are not having the hard conversations. You are not doing what is required for you to have a better future. Meaning the rest of us are going to have to take care of you when you come back and say, wow, life was hard. I never made enough money. And I never did what was necessary. Tell me then. You're only see. Tell me then. That's fine that you're upset. But like, tell me then. I'm trying to. But you keep arguing over me. I'm saying that you're only seeing part of it. Cuz I'm telling you, it used to be so much worse. Care. And especially whenever whenever you have mental illness, especially with the sewer of the sliding, you don't like you don't really think. Person in this entire world in our generation say mental illness. So tell me yours. No. Well, I'm telling you of suicidal rightness and all that. The point being is it's like I didn't think I'd make it past the age of 25. And here I am, a year later, trying to figure out what the I need to do with my finances. So you don't know everything like you think you do. Well, it's not about that. It's about the choices you're making right now. Well, that's what I'm saying. I'm trying to change them. I am. But I am so happy you are here today. I am so happy you are with us in this world. And I'm glad you did not go through that choice that would have been very permanent and life ending, obviously. So I'm very glad. I am very proud that you did not go down that route. And I am sorry that that is something you have dealt with. But to say that I am trying, the language I I have the sympathy for that. But I will not allow that sympathy to cloud the reality of your situation. And your reality or situation is that I said, do not, you cannot afford to things anymore because you literally cannot afford it with your boyfriend. And you say, but I split things with my boyfriend. That is not you taking any actions to change anything. So you you might have a desire to change things. But you with your words and actions have not put anything forward that would suggest you are going to change anything. I'm can do it after [Music] this. I'm going to die after this. I'm going to die. So good. I'm going to lose so much weight. And it's going to be so great. But I'm not going to start today. Going to start after this. I mean, I they can't do it right now. I'm right here with you. So yeah. Yeah. Yeah. Okay. Mhm. Okay. There's all the overdrafts. They paid from a Fidelity account. Again, I am very sympathetic to that as someone with mental health issues myself who has struggled with with that and has worked to improve my life, has changed friend groups, and just has done a lot of things to improve my life. Sees a therapist once a week. I have sympathy for that as someone who has considered those dark thoughts as I was going through a terrible panic attack multiple times. Going to say my thought. And you're going to shut up for a second. I am very happy that you are here. And I am very sympathetic to that situation. That is not going to change what a financial diagnosis is in terms of you are F financially right now. And your actions around them are in the language that you've used used here in this conversation suggests that you're okay with all of this. But I'm not though. But why have you? You've put off everything I've said. You've tried to toy. I'm taking. I'm taking it in. And I'm going to do it. I just know people out there are going to hear the fact that you said the S word, the no longer alive or. And they're going to be like, oh, now the conversations all this, all that. And there's like, it's just like, oh, Cale and all this. It that I'm so sorry you went through that. And I would never want anyone to go through that. And I'm so happy you're here today. That does not change the reality of your financial situation, which is what this show is about. And if you ever experienced a mental health crisis, 988. And I hope you see a therapist. It is a reality. Is that? But don't we don't just say that stuff to all of a sudden negate the entirety of our life. I'm not though. That's the thing. I'm not saying I'm NE. I brought it up because I wanted you to understand my situation at the time. And that's why I'm trying to get out of it. I am seeing a therapist. I am doing way better. It does get better. And all that stuff, right? But right now, again, like I'm taking into account everything that you've already said, word by word. Okay. No, I got you. Okay. So let's get through it. Debt payments, net 4.6% of your spending are $224.86. Housing, 20.7% of your spending, which isn't that bad. $1,076. Phone, $120. M. What is that? 2.5% of your spending. It's my phone. Because I again, I know it's your phone. I just said it's your phone. What is it? Like, what's what's your carrier? Verizon. Okay. Verizon's like way too expensive for what someone in your position needs. Switch to Helium. I'll get you. Oh, because I still owe on ph. Your phone's finan. Yeah. Not by choice. It's the same issue with the car. What do you mean? Are we going to blame that on some? Oh, you. So so the car was your boyfriend's fault? Great. It's not really his fault. But my ex's. You just said it wasn't my choice. Just like my car. Yeah. Yeah. So like, oh my gosh. Okay. So whose fault was the phone? His? Your boyfriend? My ex-boyfriend? My ex. But again, like, it's in it wasn't. It was it. It was an unhealthy relationship. And he ended up Cor me into getting the phone as well. And that was around the same time as the same time as I got the uh Camry. How? So what do you mean? How so? How so? How are you into getting a phone? Like again, like I was talking about it. My phone at the time was in a different Samsung version, the previous one before this one. And like it was already cracked and everything. And I yes, I complain about it being like needing to get a new one. But like, I don't mean it to be like, you needed to do it that for me. I was going to get it eventually. I'm going to go. But if I heard someone complain about something every day, I'd be like, just go do it. Sh. That's I'm going to go do. He didn't have to go do it himself. And like go like push us. Got it. Yes. He went like, let's go get a phone together. Let's go get a phone. So he didn't go and get it. He said, let's go get a phone. Yeah. He said us. And I'm like, I we don't. I don't need one right now. I don't need it. And he's like, no, it's fine. Like, we can just get a ref finance. And I'm a part of the family plan. This and the other. That's fine. But you into it for sure. Exactly. So that's what I'm saying. And that's where you stick up for yourself. And you. I didn't at the time, is what I'm letting you know. Yes. I think we all know that. Yeah. Okay. It's pointless. Okay. Okay. Transportation, 21.8% of of spending or $163. That's crazy for transportation. Necessary food, also known as grocery stores, $133.57. Food going out to eat, $400.27.75. Yeah. Is it really that that high? Yes. Unknown shopping, typically Walmart, typically Amazon, things that we don't 100% know what they are. Some of them could have been groceries. 6.6% of spending, their $320.39. Subscriptions, 1.1%. Cancel that. All goes towards that. Miscellaneous, zapping at the gas station, getting a small purchase here and there, things that do not matter, like buying your brother's snacks, or else you will literally die. Mhm. $246.20 or 5% of the large purchases is 26.2% or $1,277.49. These categories are insane, my friend. Sorry, my friend. Be S. Maybe. Sorry. I really thought. I know. I you just. I sat down. You were so nice. And you're still so nice in the conversation. I just did not expect this conversation to go the way you did. I really didn't. You didn't either. How'd you not? Because have you heard the things you've been saying? Yeah. But so the other large purchases were cash app out, transfers out, Zell out, Department of Education. Oh, yeah. And Lenta. Lenta is my rent. Like the $800. It's $830. But I usually like do that as was like $500 sent out. Trans. Probably probably from like trans into an account. Oh, this mom thing. We got to stop this mom thing. Sorry. Well, don't apologize to me. It's not. And also the zilling out. It's because me and my boyfriend have started like the savings thingy where we're saving in the envelopes. Buddy, you're spending on a 30% card. You're only making your minimum payments. We paying on a 0% loan. Spending $428 a month on food. Blowing like $1,200 a month on concerts and bull. And you're blaming it all and giving your mom $100. Which by the way, you shouldn't be doing. I'm not blaming at all. You did at the beginning. The words you said, the sentence you said was blaming it all on your mom. But I'm not blaming it on her though. At the beginning of the conversation, you literally did. We we already played the clip again. Let's play it again. Brandon, let's play. Fun with clips. Can we afford to survive if we are Bing? We can't afford to survive if we don't let other people borrow money from us. What? My mom borrows money from me sometimes. So we inserted the clip there. You go. Let's create you a little budget, okay? Shall we? Yes. Should we have a little budget? A little budget fun time? Fun time with budgets. $3,617 comes in. Let's get your minimum monthly debts, not counting your mom. Student loans again. I get the moral aspect. I really do. I get that. Not against that. It's also just basic realities. Debt minimum monthly payments is $998.70. Phone was 120. What's your rent? $830. Utilities? Uh, I only pay for electricity, so that's around 100 to 300. So 200. And no internet? You don't pay for that? No. Um, my brother pays for it. Okay. You live with your brother? Okay. Gas? How much? Room. Drive. I would say 80 a month because I'm driving to Houston and back, as well as work. Seems cheap. Oh, it's a bit more. Probably was $131. Okay. Car insurance? Uh, $260. Okay. T to TP fund. Anything you need to survive in life that isn't just in this budget. It's 100 bucks. Groceries. You're meal prepping. You're going to use the meal prep in our budgeting program. You're going to go through $300 there. Subscriptions. Any medical, gym, ongoing prescriptions. Said you go to therapy. Yeah, but that's part of my job. That's great. It's a great benefit. Okay. Anything else in your budget then to take care of? Not that I know. Now for basic necessities. Yeah, I don't think so either. So that's good. Needed to survive. Uh oh. We got some mle room here if you actually follow it. $2,939.70. I will allow you to round up to $33,000 for date related activities. And it's not very much. Trust me. It's like, what is that? Bucks? No. 70. 60. I can do math. But that's what you're allowed to contribute. And if your boyfriend wants to treat you like a queen, he can. You have an extra $617 left on a monthly basis. Okie dokie. So you work four days a week, right? Mhm. Right now? Yes. Okay. You're getting a second job. Y'all, this is the time to switch to my favorite high yield savings account with. So you can get 4.6% on your money. I hate when my money is just losing value. So make sure you're keeping up with inflation at the very least. You can also get FDIC insurance on that money up to $2 million with them. Plus, they'll give you money up to $300 when you set up an account with them. There's even extra perks like being able to get paid a couple days early. Sofi is what I use when I'm setting money aside. And it is the banking app of the future. Sign up link in the description below. I always want my money to be making more money. So don't lose money on yours. What? No, it's okay. It's okay. I just like I'm going to figure out. How you opened your eyes so wide. I couldn't even see the Hot Topic on there anymore. Um, what's It Go? Um, no, I I'll I'll figure it out. I just have to figure out how to make it work. What's the issue? I do running on Sundays in the morning. And then like with little to no sleep as well for the. Why? Because I work overnights. Okay. But that's four a week. Four a week? Yeah. So don't you work overnight stocking shelves somewhere? I could two days a week. I could. Yeah. Just do that. Let's say you're making $20 an hour for the overnight shift. A little. Let's say 18. Um, 16. Call it two nights a week. $288. This is great. This is great. This is really good, actually. $1,152. It's called after tax. $750. So let's add an extra $750 to it. Because you need to do this in order for any of this math to start working. Because it takes so long just to get a one month emergency fund. And that's unacceptable. Yeah. For you to survive. So $1,365 after our solution working six days a week is what you have left over now. So that's. So then what do I do whenever like, let's say we need to work an extra day at my current job? Well, that's more money, right? Yeah. But like, that doesn't that doesn't that cut into the the new job that I'm going to get? Yeah, but the money offsets it. Now you're going to have to. How often? How far in advance do you know? Like, they tell us like the day of. And you have to. You have to must like. It's either a week in advance or like, like literally like two days before. It's like, oh, hey, you work this Saturday. Or hey, you work this and the other. So it's not a set schedule. Uhm. Well, overnight is still very uh not a sought after position. But the position themselves are really seeking employment. Yeah. Uh, it might be harder than we'd like. Let's let's cut this down. So you have an extra $1,000 a month. Because what we're going to take into account then is that you might only be able to work one consistent. Is there a day that you just do not work? That would be Sundays. But again, that's even hard cuz again, it really depends on what they want to decide when we need production. But Sunday is for sure. I don't know right now. Yeah. Okay. So every Sunday then. Every Sunday we're doing overnight at Walmart. Okay. They need it. They're hiring like crazy still because no one wants to work overnight. And it's just a temporary sacrifice. So th so three months, you have a one month emergency fund. Okay. Month number four, you pay off Hot Topic and Disney and put a little towards. Oh, no. You pay off Hot Topic and Walmart and Disney. That'll be gone. Month number four, just about. Little roll over to month number five. Month number five, you throw it towards Quicksilver. Month number six, you pay off Quicksilver. Month number seven, we're going towards the Discover card at this point. And that's going to take at that point, probably four and a half months. What month did I say we're in? Huh? What month did I say we were in? Seven or eight, I think. Okay. Seven. So let's call it a year. A year and you're completely out of credit card debt. If I take two on two jobs? Right. Yeah. Just one. Just Sundays. Just Sundays. You know that gives you an extra $1,000 total net. And that's not going to the concert that I have lined up. Right? No. You're. No, you already paid for them. Yes. Okay. So that's. I'm like, then no, no, no. You already paid for them. So that's already accounted for. So you can go to them. Rec the day off. Go to them. But you're not buying anything while you're there. You're just. But I always buy something though. See, this was this was the point of the conversation. When you said no, but I'm trying to. I want to do better. You said like that. I don't give what you want. I want you to be able to retire with dignity at some point. I want you to live a good life. I don't give a sh about getting a hot dog or a Gizzy or whatever the you're trying to do at a concert. Eat a big meal before that, cooked at home. And congratulations, you'll be fine. Are you going with your boyfriend? One of them? Yes. Okay. He'll probably cover you to get a snack or food if you want that extra fun out. If you want the extra fun outside of this extra $1,000 hours you're working more hours and whatever else you make. I would personally throw a debt because I know how bad it is. But whatever you don't. So apparently. I would throw it. Uh, you can put it towards that fun if you want. But whatever. Can I put it towards the savings that I currently have? I have a thousand and something in savings. Right? Well, there you go. That brings everything down by one month. Okay. Uh, because we're getting to a one month emergency fund. It's just $3,000. So you have $1,000 in savings. So we're credit card free. And we have a one month emergency fund in 11 months. So then my trip to Italy would have to be on pause. Oh, my. What is your? That's that's that's that's why I have that savings for. Have you paid for it? Huh? No. Like it's like I'm I'm still saving cuz I know it's going to happen like way way like long. Yes. Like five years. Like more than that. Oh, then I don't give it. So that's why I'm like, okay, that's not even know part of the conv. That's the way. That's the way I'm. What? Well, I'm letting you know that's how that's how mentally I'm saving it. So I don't touch it. Okay. Does that make sense? You need to go through our budgeting program. We're going to learn you real quick. Okay. At this point, you have like an extra $1,250 left on a monthly basis because your minimum monthly payments are gone. Just tell you that you simply can't afford it. Yeah. The thing I would borrow $17,000 like a personal loan. Mhm. Sell the Camry. Okay. For $20,000. Use $10,000 of $17,000 you borrowed to pay off the full balance of the car. Use $7,000 and go get a car that will run for a couple years safely. Simple as that. Cuz that's all you need. You don't need anything more fancy than that. Yeah. Then with the $17,000, which at that point will be about like $116,000 or so because you're paying a lot of interest up front. That'll take another take a year to pay off. So if it was your car, for example, by the way, that would take two years to pay off. So this halves it. So we're two years in and the car is gone. And all credit card debt is gone. Your student loans, I would minimum monthly payment till they're paid off. And then once the minimum monthly payment kicks in with your mom, I agree morally. I would feel responsible for it. Even though technically you don't have to. I would pay the minimums for that as well. So you're doing the minimums on those until they're paid off because the interest rates are quite low. So don't put anything extra towards them other than the minimum, is what I'm saying. Okay. Also, don't pay the minimum on your mom's. Don't. It's not including in your budget. And I've explained why. And if you're about to, then you're just allowing emotion to go over math. Which I do understand. And I don't completely fault you for. But I just wouldn't in the situation. And I would explain to them why you wouldn't. But you are. Once minimum payments start, you will take care of them. And you will pay it off because you feel morally obligated. Which is correct in my opinion. So two years and we're bad debt free. Then let's give it another. Which you'll need to survive at that point. It's going to be $12,000. We have $3,000 saved up. So you need $9,000. Divide that by then. Now, really cool, like $1,750 you have left on a monthly basis. Take five months. So I'm going to say two and a half years. Two and a half years, you're bad debt free. And you have a fully funded emergency fund. That's like grinding. Like right now. Yeah. Absolutely. Cuz I mean, why start later? Grind now. Because you know what's really cool? You'll still be one year younger than me. Cuz I'm an old. And you'll be completely bad debt free. And have a fully funded emergency fund. You'll be in much better positions than a lot of people our age. So that's incredible. Do that. The two and a half years sounds like a lot. It sounds like a big sacrifice. You're working overnights. But your income's also going to increase over then. Which this is not taken into account. And balances will go down a bit more. Different. I think it'll be a little quicker if you really sacrificed. But also, I'm taking into account that you're not going to be perfect. That's not an excuse to not be perfect. I'm just taking in reality. So two and a half years is a very small sacrifice for the other 60, 50, 60 or five to six decades you're going to live on this Earth. So you're you're setting yourself up for so much success. So much success for a two and a half year sacrifice, which is incredible. And at that point, your at that point, you're contributing 20% to retirement on a monthly basis. And you'll be fine. You'll be able to live a good, decent retirement. You know, it's not going to be luxurious. But you'll be able to have the trip to Italy that you want to do. You'll be able to do that within a decade. You'll be able to put a down payment down, 10% down on a house. If you take away from fun a little. That's a future conversation. What I mostly care about is you can live a good life by the time you're 28 and a half, 29. If you literally start sacrificing today. Have the conversations with the people. Because this doesn't give you money to allocate to your mom. This doesn't give you much money to donate to the relationship. You know, boyfriend's gonna have to step up a little for the sake of his girlfriend's future. You know, if he loves you, then this is things that he's willing to sacrifice because you're trying to make your life better. And it's awesome. And your mom will understand it because she's a mom who loves her kid. And if she doesn't, then she's a. And I need her to off. Which is such an over oversimplification of how that's going to go. But talk to your therapist about it. And they'll help you navigate the situation. Potentially a relationship coach if you need it as well. That's my diagnosis. What do you think? Are you actually going to do this? Because okay, yes. That's why like that's one of the reasons why you came over here. But also have a question. Like, you wouldn't suggest refinancing the car? No, that's not going to bring the balance down. And you're already at 9%. You're not going to get better at 9%. You're not. Okay. So I don't see the point. And it's already at six years. What are you going to take it to eight years? No. $17,000 borrow. Get a beater. And pay off the car by selling the car. Private sale. Okay. Done. Any other questions? Thoughts? M. I'm just in the house. It make sure to stick around for the financial auto post show, everyone. Um, Hammer Financial score. Your spending in a budget was quite bad. Wasn't the end. It wasn't the worst we've ever seen. 2 out of 10. Debt, very bad. Wasn't the worst we've ever seen, but it's certainly not better than 1 out of 10 for your financial situation. Emergency fund, you have $1,000. So that's a one out of 10. Retirement, there's nothing. Zero out of 10. Real estate, there's nothing. Zero out of 10. Hammer Financial score, 0.5 out of 10. Make sure to check out all the resources linked in the description below. They what a use or would use to specific situations, including the bus budgeting program and the history of the internet. Now, make sure to stick around for the post show, which I don't even know what the about to happen cuz that was insane today on the financial audit post show. But why? Why be like that? Why be not receptive then if you know you're being du? It's I mean, when you get stuck in a certain mentality, it's kind of hard to get out of it. So it's like you have to like literally pound like pound to it. Avery, you mentioned that you were potentially considering leasing a Tesla. One of my friends suggested it. Like, one of your friends is stupid. To watch the financial audit post show, click the join button below.