▶That's right... Dirty Money is BACK, with new and old designs ;) shop.calebhammer.com/ only available through the end of this month ▶We talk about my current dating life in today's post-show: th-cam.com/channels/Le_q9axMaeTbjN0hy1Z9xA.htmljoin ▶Go to meetfabric.com/CALEB and apply today, risk-free!
@Sar-ahG I agree, especially when they still live at home or if their parents pay for most of their expenses. They just keep wasting money on food essentially lol
@@Sar-ahG The zoomers are just entitlement mixed with doomerism, they always say "IDK if I will live another 2 years so why bother, better vape now" or something like that... Old people that are the true gold, we can see the end result of not having your shit together.
Yeah, regular payments to his kids if they're minors should be part of their budget. What kind if horrible stepmother and deadbeat dad situation is this where he only randomly sends money once in a while, and she has a problem with him sending them money?
depending on how large the money he is sending, a few times a year could be a lot. The us dollar is worth ten times there than what it is here. But yeah he needs to budget it and send it monthly.
I think I prefer the younger ones, they just might change and have the time to do it. A couple like this will not change their ways, they feel like it's worked so far.
The younger ones have more time to change, they're in a phase of learning a lot about being an adult. They tend to be funnier because they tend to be more clueless in a funny way. The older ones are just depressing. At least to me because they remind me of my in-laws in their mid 50s, no retirement, no savings, lots of debt, still have 25 years left with their mortgage. The more impulsive one is in more control of the finances and refuses to take any solid advice or criticism, obsessed with "respect" for his age.
Completely agree, I speak both Spanish and English and I can say she didn't even translate correctly anything he said, she was just giving her own opinion pretending to be his
I think probably a big issue was she probably said she’d be able to translate, and while she has a better than average Spanish, she def isn’t fluent, and probably has a more basic casual vocabulary so she wasn’t able to translate the financial terms correctly
I've seen this way too many times, dude doesn't speak English and just basically gets screwed over because the woman plays him hard, makes him promises and at times, those same dudes don't even have legal status in the States and they use it as a treat with "I'll call la migra on you".
I started watching Caleb last year with a start balance of 16k on a credit card. Today I’m at 9k and feeling so much less pressure. Can’t wait to update when I’m debt free!
For these couple audits, I keep a mental note of how long it takes for one to throw the other under the bus. These two lasted 9 minutes which is longer than most.
I really do think a third party translator should be involved in these situations. As someone who watches this show and speaks Spanish I can't tell she wasn't fully explaining to her husband what Caleb was getting upset about. They way she framed her translations weren't in a way that were fair to him.
Every time I've seen a guest on who need an interpreter for a guest or when Caleb calls a parent of a guest etc, the language barrier is used to lie to Caleb or the other person Caleb can't talk to.
Omgggg I was trying to find someone who mentioned this!!! I was so upset that she was twisting words to shame her husband. He’s making dumb decisions but the money being managed by the wife is NOT an abnormal thing, shes blaming him and putting him under the bus. It’s not even about the translation, she never let him just speak… So frustrating!!
The wildest thing is having a degree doesn't guarantee employ-ability. Depends on the field, sure. But the way a lot of job postings advertise positions, it barely seems to matter as much as certifications these days.
She has an MBA and a focus in accounting. She's CPA eligible. She could have easily went into public accounting and been earning 6 figures after 5-7 years after graduation. She said the starting salary was lower than what she makes now, but that income growth is tough to match.
The CPA exam is a beast. I'm wondering if she doesn't want to go through that because right now she makes decent money. Pushing through a study scheduke, passing the exam, and starting as a CPA is a lot of work. It's worth it, but she doesn't plan or play a long game in any capacity. They want to move to a new country without plans. They have no retirement. Why would she work more now for later with a CPA qualification? @I.amhades
I'm an Amazon driver and the amount of people who have something delivered every single day is unbelievable, most of them would benefit from watching these videos 🙄🙄
I used to rent every room in my house. I’m pretty frugal but I couldn’t believe the amount of shit my tenants would buy every day. We had Amazon delivering sometimes 2x per day for 5 people. Absolutely insane. I should have raised the rent lol
I have deliveries almost every day from Amazon or Sam's Club. I'm disabled and can't lift heavy or awkwardly large packages so have to split my orders up (which I hate from an environmental perspective). Key difference: I pay my credit card balances off every month and never missed a student loan payment. Clearly, that's not the case here.
Caleb as a Spanish speaker I can tell you the guest do not do a good job at translating what you are saying. You need a Spanish speaker that actually understands personal finance to be able to translate it properly. I felt like we aren’t getting his perspective and the severity situation is not getting across to him. If I was local I’d translate for free I’m sure a fan in the Austin area would as well.
I'm sure that's how she qualified for that medical program in Texas she spoke of in the first 10 minutes. She applies for low income/lower middle class income help and gets it because she only uses her income. She slips up and alludes to it a few times. That's also why her income driven student loan repayment plan is so low. They don't know his income. Also, the fact they use the business CC for personal expenses is also shady. She considers herself low income and in need of lower income help because she applies for programs and gets it. She isn't though, and she's making it so someone actually in need can't access that help.
@@drn13355oh my goodness you think those Lockheed-Martin drones are going to buy themselves? WHO WILL KILL BROWN CHILDREN IF YOU DON'T PAY EVERY POSSIBLE TAX
If all she is making is $60K with a Masters Degree, she’s not much of a worker. That tells me she’s changing jobs frequently and never establishes herself. I make (with only a Bachelors Degree) by myself what they make together.
Yeah, but still there are younger people in similar situations who swear that if they could just make more money (income of $100k or more), then they would be in a better financial position…
We don't know any of their trauma or drama. I'm almost sad we don't know his mom's name and his dad's medical history. Not one of them cried and told us about their mental illnesses or shared their colonoscopy video and how their ex threw a flaming taco at their car so they had to buy a new one.
@@joycef8443A week or so ago a girl was on who stole $200,000 from her mom over 5 years. Mom cut her off once because they had a fight over money. The girl cussed her mom out, threw a taco, rage drove her car into her mom's new golf cart, and caused a family rift. She told the story so blaise like, "That happened. It wasn't my fault, but I had to figure life out on my own for 3 months." I am glad this episode was none of that, though. I wish the man had been able to speak more and was told the real scope. The wife totally gaslit him and lied to him in spanish.
I am not in debt but this channel helps me keep my urges in check. Instead of spending money buying useles stuff i use the money to save non stop. Thank you Caleb. Everyone should watch this channel. Keeps a person responsible
Regardless of your income or debt situation. People should be regularly checking your bank statements, credit cards, credit score, freeze your credit if you aren't applying, and update your budget spreadsheet/application. It takes very little time to update your budget sheet weekly after your card has processed. People are just lazy with all these free applications and guides online.
totally agree! i think everyone should watch this channel, or channels like this, and everyone should work in the service industry at least once in their lives.
Since last September, my wife and I have paid off 22k CC dept, 4k in medical debt and 3k in student loans... this included selling my truck that I don't need to help out. Fuck Yeah!
Coming from a Hispanic background, this dude just gives her all his money every paycheck is completely NORMAL, nothing surprises me. And their financial literacy, I see my aunts and uncles, cousins and their babies, 'If we have money after paying bills, we deserve a sweet treat' then they apply for EBT afterward. Sending money to relatives in other Latin Countries is DRAINING since people from those countries think that money falls from trees without knowing the mental and physical hardship one goes through. These two are just thinking about running to Chile like its gonna be paradise but whew they wont see a dime after a month.
What’s wrong with EBT? Corporations get welfare and they aren’t looked at as negative thing. Government is made to help the people not greedy corporations.
It's a huge issue all over the world because alot of family from other countries think once your in the states you make millions and they just keep asking after the first hand out@@AlenAbdula
I received a small bonus at work and immediately used it to start an emergency fund. It already has come in handy, but I'm prioritizing its replenishment on Friday when I get paid.
“He spends his paycheck on his kids, buying gas, and supporting his business” bro I know you’re fucking lying she can’t be serious about him being the spender
“If I leave it in the account he’ll spend it all” 😂😂😂 what she meant was I have to steal it out so I can spend it before he uses it towards actual bills/necessities
DeVry has already been taken to court over their shady nonsense, if you fall into the affected timeframe FILE A BORROWER'S DEFENSE CLAIM ASAP. They are taking a while to process so the sooner you claim them the sooner you will be on the list
Devry may be shady, but these people are scam artists. That wasn't tuition. That was mostly "living expenses". They took any money that was offered...now the plan is to run to Chile and never pay a penny back.
I can not stand this people who take out these loans and just don’t think they should have to pay them back. She 100% plans on dipping to Chile and forgetting those debts never to be paid.
She'll be shocked when she tries to get SS and they withhold mkst of the SS to cover the non-stident loan payment. Since she has no job plan for when in Chile, and no retirement savings of any sort, and says SS is her retirement, Chile won't be her salvation. Her 13yo is 100% her only retirement plan at this point. The boom boom of those fireworks was his future exploding.
@@MissMosierablepeople don’t really rely on retirement money in these 2nd-3rd world countries. I think they’ll just save a large chunk, buy a property and bounce. The cost of living is so cheap there. What I do think could get them in big trouble is if they get in an unexpected medical circumstance. That would be disastrous for them.
Many of these places are now expensive. They won't make it in Chile without a very large cash reserve. She has $0 saved. Caleb asked her, and she flat out said she plans on SS to pay for their life there and to maybe get a job. Several people from Chile have chimed in in the comments and said she'll need a few thousand a month to afford a decent property and all their monthly expenses. Sure $3,000 is less than the $9,000+ now, but how will she make that without loads of cash? Apparently the $1500 he quotes is no longer viable because the COL is increasing while the job sotiation is stagnant. @@user-ey4ut9uc8w
Needed this audit so bad today. Had two seperate couple friends admit over the weekend to some SERIOUS financial situations. I forwarded them both a Hammer Audit to watch and learn from.
It's just like substance abuse, they won't stop until they realize it's a problem and actually want to change. Can't even tell you how many times I've sent people Dave Ramsey books or links to finance videos and they haven't changed their behavior at all.
In my experience, people who have an option to leave the country tend to max out everything with no intentions of returning. That’s what this sounds like
Not everyone. I'm a hard-working, debt-free, paid-off mortgage immigrant, and I'm going to retire to my home country in five years with no obligations to the US government or banks. And many raised and born Americans around me abusing the system.
Making 100K and on taxpayer medical plan? Taking vacations, new tech and food to the tune 13 grand a month and they want everyone else to pay their medical bills. Disgusting.
For Valerie, I’m a bit younger (mid 30’s) and made the move to a developing Latin American country (my husband is from Latin America) to save money. Let me tell you, the price of properties, electricity and food ate our monthly income so quickly. Not saying this is the case for Chile but coming as a comfortable living person in the USA do not expect to live like King and Queens in a developing country. So many retirees and working remotely employees have jacked up the prices of these once affordable options. I really feel sorry for the true locals of these countries. They aren’t bringing “big” money. Many are surviving on $600 or less a month. I’m not totally 💩on your plans. Just from someone that’s done it and now back in the States (we lived there for 7 months) it is not as easy as it may appear. Blessings to you and your husband ❤
Also if you lived in the states the majority of your life be prepared for absolute culture shock. My husband has lived half his life in his home country and half here in the USA and he was absolutely shocked by how his country does things (from an adult perspective). Simple things like people not having car insurance/brake lights, large fees for all things legally (notaries, titles, insurance, etc.) Regular rolling blackouts, trash thrown everywhere, no sanitation system in place (at least not like it’s in the States), corrupt police (many bribes were paid- $300 for one with the threat of impounding our car based on the officers word vs ours). Many places not having running water and/or indoor plumbing. This is truly very important to avoid disease. And now it seems like I’m just picking on LAM. I’m not. I’m simply sharing the lack of “luxuries” in these countries. Total culture shock to me and absolute frustration for my husband having been in the States for so long. For us it will be a place we visit but not live.😕
@@MPPG663 yep. We always kept cash on us. It happened no less than 10 times to us in the 7 months we lived there. They have regular checkpoints and pull you over at will.
She said "I found out I can make more not in my field". Do any of these people actually look at the career paths before they take out 170K in loans. She could have the job she has with ZERO degrees. The stupidity is mind boggling.
I have a similar professional background …often a credit check is performed when a job is offered….that could be a sticking point for her. If you are managing other people’s money, they want to see that you can handle yours.
Accounting and personal finance are vastly different things. It’s easy to hold the mirror up on a company but when it comes to your daily activities it’s much more psychologically and emotionally challenging, especially with unresolved trauma.
Student loans like hers should not be forgiven!!!! What an entitled person! And she’s out of control with her spending and acts like it’s no big deal because she has a business degree. And an accounting degree.
This right here, ladies and gentleman, is an ACCOUNTANT... that can't seem to manage her and her own husband's finances. Scary... I would hate to see the business books she 'manages'.
I don't think that she is an accountant, she just has the degree. DeVry isn't known for providing a quality education and the CPA exam is a nightmare. Also, my degree required 3 accounting classes, and we didn't discuss personal finance at all, in fact my finance class barely covered personal finances.
Spend without thinking EVERY MINUTE of your life! That's almost a quarter of my household income and somehow we are in far less debt and making progress on it. Lifestyle inflation is wild!!!
I want them to do a panel of people in their 50’s and 60’s who have no retirement. I want the other side to be people in their 20’s who are YOLO. Then, let the old people share their stories and their cautions. I am one of those old people😢
Caleb your cutting through bs intensity keeps getting stronger and everyone is better for it. Every time a guest answers with something that deflects, you don’t let it slide and you say exactly what I’m thinking as a response. Keep fighting the good fight!
I gasped when she said that she had $150K in federal loans - beyond the $52K that she shared the information about with them!! I would be debilitated by anxiety if I had that level of debt in my 40s! 😭😩
People overblow taxes and the IRS even if you owe taxes the IRS is not gonna come looking for you unless you owe an absurd amount. let’s say $30-$50,000 a year and you owe taxes. The IRS is not gonna come looking for you.
@@beyond-the-soul8651 The IRS likes coming for the "small fry" $8k-50k tax debts because that's usually the people who can't afford lawyers and accountants to get it figured out. We've definitely seen people on this show get hit for under $10k of tax debt before.
As a fluent Spanish speaker she is one of those no sabo kids who desperately and delusionally wants to show off their Spanish skills. He never lets her translate because he knows she isn’t good at it.
he does hvac on the side, so likely not new installs. but yes hvac is quite profitable, my friend does more that $10K a month on average as install technician
I'm in an undergrad program and the masters students are so cringe. They're analysing minutia in our field (that nobody asked for) for diminishing gains while self-righteously complaining about how difficult it is. Some people just _want to_ struggle.
@@rebvanwinkelstein2578 The Retail economy doesn't really care if you pay on credit, then don't pay the card owner. They've already been paid. The Credit economy does care; that's why people pay 29.95% interest on their credit cards - to compensate for those who default.
Just started watching this channel recently. I just turned 20 but I really have been focusing on budgeting and saving my money because of these videos.
Get that Roth IRA set up bud. 7k max contributed a year and it's tax free when you withdraw at 59.5 years old. 135 a week if you can. That's just one account you can have before your career 401k.
@@Sar-ahG developing my savings allowed for me to pay off that card. I’ve also started working with a retirement officer offered through my job. Slow and steady!
I'm chilean in my 20's and my boyfriend is is his 30s, life is freaking expensive here and a lack of jobs. I recommend them to stay in USA, for sure they are gonna earn more.
She doesn't realize that the monthly retirement payment from the government that she thinks she will get won't be what she wants it to be. Lack of overall funds from the government when we get old aside, people who don't pay back student loans have their monthly social security money (government retirement money) docked to help recover loans that weren't paid. She has $0 saved for retirement, and says SS is her plan, yet she won't get much if it at all because she doesn't pay her bills.
@@basementhomie2674 las cagó, juran que van a pillar los mismos sueldos aquí que allá. Viendo estos videos me doy cuenta de que los gringos ganan MUCHO, pero gastan como si no hubiera un mañana. Podrían aprovechar tanto sus sueldos, pero prefieren endeudarse jajaja que terrible
@@basementhomie2674 las cagó, viendo estos videos me doy cuenta de que los gringos ganan MUCHO y tienen muchas oportunidades para vivir bien, pero en vez de eso se gastan toda la plata en weas y prefieren endeudarse jajaja que terrible
One time, wifey and I honeymooned in Vegas when we were suddenly approached by a lady basically trying to offer us "free lunch" in exchange for attending a seminar. Didn't take long to figure out they were selling something, but we were young at the time and almost considered going. Even went and paid the $50 admission fee (so much for "free" lunch, eh?); which....also had to be paid in cash; which meant taking money out from an ATM; which had a 10 dollar withdrawal fee. Long story short, we ended up not even going because honestly...we just wanted to vacation and do our own thing. So, thanks to being too lazy/tired to bother going to a seminar that probably would have lasted hours, we narrowly escaped getting scammed into a timeshare. Easiest 60 bucks I ever lost, but will never miss.
@@AnalyticalMenace So if the lunch was free, why withdraw the money? Just grab the free lunch and say you are not going to pay for a seminar where they pitch you BS. Or use the 10USD fee at the ATM as an excuse not to go to the seminar.
This is why they say finances are one of the biggest reasons couples split up or divorce. Makes sense, really. You literally cannot live without some kind of functional budget.
We could literally tell you what we spent on bills goin back to 2015 lol kinda wild I still have these booklets. Just kinda a lil reminder of how we got where we are.
for real! They‘re not even really a thing where I live, but even I know that ‚timeshare‘ and ‚payday loan‘ are BIG no no words - even before watching this channel.
Embarrassing if you have it and don’t use it. Smart if you actually use it. My parents had one when I was growing up and we used it all across the country and few international spots as well every year. Definitely paid for itself multiple times over.
How can someone possibly think its a good idea to take a trip to Cancun when they have 170,000 dollars in debt, relying on your children when your too old to work to pay for you to survive because you wanted to keep going on these vacations. People blow my mind.
We only owe on our super low mortgage and one super low car loan. Vacation? We went and stayed at my sister’s house for a few days. I know it’s hard, but it’s necessary.
Family of four, eating for $454 a month for 3 meals plus a snack. Bulk rice, beans, veggies and chicken tenderloin for lunch. Breakfast is 1 egg per person, 1 strip of bacon, 1 piece of toast and 1 serving of fruit. Dinner is some sort of ground beef / chicken meal. Burgers, tacos, etc, done without spending a ton on sides, toppings, etc. No paying for beverages, processed foods, bars of anything, candy, etc. Snacks are peanuts, fruit or veggies. If you set out to save as much as possible, while still eating quality food you'd be amazed how much money you can save when you're willing to cook every meal. EDIT: Yes, portion control is also a huge factor here. We are averaging 2000 calories per person.
I've been most eating under $90 a month all because I'm not earning crazy money lmao and I'm only 1 person that just enjoys her freedom instead of drowning
Bacon is too fancy and so are fruits. Slow cooker meals are great. Overnight oats and cream of wheat, cold cereal,juice,tea,coffee,a banana,yogurt . Eggs are wayy to expensive. Home made bran muffins are good too these are just a few choices to mix it up daily for breakfast . Not to eat all at once lol. Bulk grains/oats ,lentils/legumes are great though.
You re doing an amazing job AND you re setting up your kids with a healthy eating routine 👌 Bonus point is: you re also going to save a lot of medical costs 😊
It’s always laughable when an “accountant” with multiple advanced degrees in that field, which is a lot of the reasons they are in debt, can’t make and live by a simple budget. Also, she clearly states in the beginning she is in charge of paying and managing the bills, so for her to throw any blame at her husband is just scapegoat tactic.
One of the reasons im single at 46 is because every guy i went out with was a financial fail. Made good money but couldn't live within their means. Im debt free and paid off my house. Im not going to risk that , having been brought up in a debt filled household
I auditioned for the show in February or March, but didn't make the cut. Since then, I have paid off multiple debts, have created a budget, raised my credit score around 75 points, and just got approved for a credit card with a $12,000 credit limit. 😂 I haven't used a credit card this year--I just wanted to see what kind of offer I now qualified for. Now I know. 😁 Many thanks to the guests on this show and to Caleb and his team. You have kept me on track quite easily. (Oh, I opened a Roth IRA and have a small emergency fund. Need to keep building it.)
This is why people don't support Student Loan Forgiveness. You have people loke her who make a pretty solid income but control their spending. Why would people want to bail them put when they will just spend themselves back in debt.
The two people I knew who were most amped up for student loan forgiveness were a couple of doctors who combined make close to 1/2 million per year. They were literally jumping up and down over 20k in total forgiveness. Absolutely wild.
Because when you’re 18-19 & you have no brain, and they allow you to pull out 60k of loans either should be illegal or someone should help now. We can’t afford it
people in relationships NEED to communicate and be more transparent about finances before getting married. i think a lot of people forget that marriage is a financial commitment on top of an emotional commitment
Since I started watching this my spending habits has changed so much 😮 thanks! I can hear your voice in my head and it's weird sometimes, but couldn't be more thankful for what you're doing
The wife is definitely behind a majority of this couple’s problems. She looks like she’s responsible for more than she’s admitting. The dude is too mellow and easy going for his own good.
I dunno. He takes loans and buys cars and motorcycles behind her back. I don't think he is good either. I think he wants to do his own then while she does hers and pretend there isn't an issue so there's no fights about anything. He wants to be in the dark so he can say it was on her.
He did it because they can't pay their bills because they both refuse to budget and stick to it. $1,000 a month at the grocery and like $500+ eating out a month alone. That's on both of them. The many Amazons are all her, but the Home Depot stuff is him. They are bad alone and a disaster together. She's honestly a hot mess with her student loans. She's dead weight until she sells that condo and she HAS to use it all on debt or retirement and not touch it for anything else. @louiehernandez1325
Honestly, watching this show motivated me to get on top of my debt. I have always made money, but I went through a dark period where my mental health was poor, and I accrued a lot of debt. I thought I was going to die from it. At the beginning of this year, I decided enough was enough. I started budgeting, meal prepping, and working extra hours. By October, all my debt will be paid off. I had $37,000 in debt; now I have $17,000 left. My credit score is almost back to 700, and I’ve been saving between $1,000 and $2,000 each month while paying around $4,000 towards debt. This show has been incredibly helpful by holding me accountable and motivating me to improve. I have sacrificed a lot, and it hasn’t been easy, but it can be done. I’m 29, and by 30, I will be debt-free and able to save around $4,000 a month to catch up on retirement.😊
im also very proud, truly a testament to your resilience and will to change, wish you nothing but the best! ❤ just found this channel and stories like yours give me motivation to be as strong as you are
That Home Depot charge will have deferred interest accruing as well. I just made the final payment on a water heater we had installed two years ago. The charge was $2485.15, and the deferred interest had accumulated to $1522.42. I paid it off three weeks early just to be sure it goes to zero before the actual due date. Literally if you miss paying $10.00 they will back charge ALL of the deferred interest.
$170k+ in debt with nothing in savings and you're thinking you're going to retire? Yeah, good luck with that. Like Caleb said even if they save up $20-30k and move to Chile that's still not going to be anywhere near enough to live on.
Yeah, the people who Expat have decent retirements built up they are stretching by moving. Step one is to build up retirement funds and assets. They want to skip that totally and live off air.
This situation is so similar but in reverse. My wife refuses to fully combine finances which is probably for the best because she also refuses to ever look at a budget before spending. If I don't remove the bulk of her paycheck from her account to the main house account where I pay the bills from right away, we don't have money for the bills. It's mentally exhausting and makes me feel like a control freak but if I don't do it, we don't have money for bills. Cautionary tale for those before they get married -- make sure you are both on the same page financially otherwise it will feel like a prison sentence.
@MissMosierable we've tried therapy. And this very topic has come up that when it comes to household finances, I don't feel like we're a team. It doesn't help that about 5 years ago she was hiding over $20k in credit cards I didn't know about. I had to put our finances into DefCon1 and take care of that. I've tried every possible scenario I can think of to get her more involved. - Do the budget with me. - I do the budget and she reviews it with me and gives her input. - I just do everything and let her know if we or cannot do something when it's a larger purchase. We've settled on this quasi routine where we agree on a set amount I transfer from her account each pay and whatever money left is hers to do with as she wishes. But when it comes to managing the household money, it's all on me.
My fiancé and I came up with a plan, he said he doesn’t want to feel like he can’t go out and buy something he wants, which is fair he makes a decent amount. He gets paid weekly and he keeps $200 from each paycheck. The rest is sent to our joint account that is budgeted to cover house expenses, vehicle expenses, credit card payments, groceries. After the first month of doing this he said to me this was the first time he didn’t get an alert from his bank that his account was under $100. We will have everything paid off by the end of the year except the mortgage and his truck, 4.5% interest rate. And by May of next year we’ll have $20,000 in savings!
I think an effective strategy on showing how much money is lost to interest would be to display it in Play-money in a briefcase. Would be crazy to see peoples reaction seeing 40k+ in front of them
I think Caleb should learn how to pause the most talkative spouse so we can hear another perspective/voice. I know in this case there's a language barrier but I think he could still express himself.
That's actually nothing. Where I live (I go to one of the cheapest stores and 99% of food I buy I mealprep healthy meals for the week for 2 people). I spend about 800 bux a month. Inflation is kinda wack. I used to spend 100 a week on heavy spend days but now mini spending is over 100. 😢 So...depending on where they live, I can easily believe the grocery bill is valid.
It's crazy. I have 2 roommates and the most we CAN spend on groceries in this economy all combined is less than $400. Not even $400 for 3 adults and that's pushing it, but these people have almost 3 times that. No one needs to spend that much on groceries for 3 people. That's ridiculous.
Cliffnotes version: Wife: He got a car and I didn't know anything about it. Husband: I called you. Wife: Yea, but I wasn't there. Jesus christ with trying to shove the blame to the husband. Bet she told him to go get the car in the first place. She lies so much I can't believe anything she says.
Spent $13k in a month. Over $1800 in amazon purchases in a month....good lord. No wonder he spoke up earlier about every day there's a new package getting delivered....
▶That's right... Dirty Money is BACK, with new and old designs ;) shop.calebhammer.com/ only available through the end of this month
▶We talk about my current dating life in today's post-show: th-cam.com/channels/Le_q9axMaeTbjN0hy1Z9xA.htmljoin
▶Go to meetfabric.com/CALEB and apply today, risk-free!
Woooooooo
Hey Caleb! Lemme know if you need a hand with that budgeting program translation to Spanish!
Translator next time please! Words aren’t getting across the right way when relying on a biased person.
Was my comment erased? Lol just trying to spread the word eh. I'd like to invest in Caleb's show😅
L pic p
Keep the middle age audits coming please! Us 30+ year olds need to see our futures if we don't get it together now!!! 😅
Yeah - can’t relate to all the 19-21 year olds just starting out
@Sar-ahG I agree, especially when they still live at home or if their parents pay for most of their expenses. They just keep wasting money on food essentially lol
I now manage my money so much better cause of this show. Seeing people who had it all failing to the level they have, scares me.
@@Sar-ahG The zoomers are just entitlement mixed with doomerism, they always say "IDK if I will live another 2 years so why bother, better vape now" or something like that...
Old people that are the true gold, we can see the end result of not having your shit together.
@@chaudx get yo old ahh on
Being mad that he sends money to HIS KIDS to survive in chile, yet she spends hundreds for her kid in fireworks and trips it’s so selfish
Yeah, regular payments to his kids if they're minors should be part of their budget. What kind if horrible stepmother and deadbeat dad situation is this where he only randomly sends money once in a while, and she has a problem with him sending them money?
Yes he needs to grow some but I also think based off how there dynamic is, she is the issue and he needs to grow some lol
When did this happen? I don't remember it, but I was also cooking so may have missed it.
@@PandoraBear357 Cindarella's mom.
depending on how large the money he is sending, a few times a year could be a lot. The us dollar is worth ten times there than what it is here. But yeah he needs to budget it and send it monthly.
I don’t like how she’s acting like we can’t understand him. We understand him just fine.
Oh and he understands more than he's acting like!!
Yeah the way she's "translating" even when he's speaking perfect English is kinda... yeesh
Eh his accent is very thick. I can easily see her having experience with people not understanding him.
@@bubbleheadftI was so annoyed, she just keeps repeating what he says
I’d honestly assume this is a result of ignorant people, pretending they can’t understand him or not trying hard enough
Definitely prefer these older people audits rather than the 20-23 year olds
💯
Same
I think I prefer the younger ones, they just might change and have the time to do it. A couple like this will not change their ways, they feel like it's worked so far.
The younger ones have more time to change, they're in a phase of learning a lot about being an adult. They tend to be funnier because they tend to be more clueless in a funny way. The older ones are just depressing. At least to me because they remind me of my in-laws in their mid 50s, no retirement, no savings, lots of debt, still have 25 years left with their mortgage. The more impulsive one is in more control of the finances and refuses to take any solid advice or criticism, obsessed with "respect" for his age.
I like a wide range of financial situations. A few "okay to good" audits would be great. But I'm really looking forward to more update audits.
This show really needed a neutral translator. The wife tried to dominate the conversation and control the narrative to throw him under the bus.
Absolutely, this wasn't done well. A translator was needed and to be considered in the future.
Completely agree, I speak both Spanish and English and I can say she didn't even translate correctly anything he said, she was just giving her own opinion pretending to be his
I think probably a big issue was she probably said she’d be able to translate, and while she has a better than average Spanish, she def isn’t fluent, and probably has a more basic casual vocabulary so she wasn’t able to translate the financial terms correctly
For real, if the genders were reversed and it was a guy "translating" for his foreign wife, there'd be more comments roasting him.
She’s evil !
Throwing your husband under the bus when he barely speaks English to defend himself is nasty work 💀
ON GOD, he shoulda hired a translator for this one.
Porque?? 🥴
I've seen this way too many times, dude doesn't speak English and just basically gets screwed over because the woman plays him hard, makes him promises and at times, those same dudes don't even have legal status in the States and they use it as a treat with "I'll call la migra on you".
I"m sure we could all guess this would turn out to be a diaster just form the intro.
Makes me wonder how much in other ways he was taken advantage of, both from her and his employer. Tough life.
I started watching Caleb last year with a start balance of 16k on a credit card. Today I’m at 9k and feeling so much less pressure. Can’t wait to update when I’m debt free!
keep pushing, good stuff
That’s crazy! Good shit man!
Awesome congrats!
Congratulations! You got this !
Congratulations 🎊 and good luck ❤
For these couple audits, I keep a mental note of how long it takes for one to throw the other under the bus. These two lasted 9 minutes which is longer than most.
Eh I'm single, and by thre looks them I was simply going by guessing neither of threm are any good at impulse control.
My takeaway is NEVER date a woman over 30 🤢🤢🤮🤮🤮
Oh interesting, what's the average?
9 minutes has got to be a record, lol.
Even if they're rhe best at 9 minutes, it's still a symptom of a poor marriage. Both already have kids from prior relationships, red flag already.
The hypocrisy of spending a ton on groceries because you create intricate delicious meals at home & yet they eat out all the time. Huh?
By the looks of it, she never stops eating 🤢
“Intricate delicious meals” really means she spends $800 on ice cream and doritos
Doesn't eat basic....groceries from Walmart. I grocery shop Walmart, but it isn't high class food.
That was a good one 😊
@@ryanlemmers5300bad at finances at you fat shame? Come on brotha we’re better than this lol
Is anybody going to mention that she translated it wrong. Caleb asked why he wasn’t involved. And she asked him why he didn’t help her save money.
Intentionally mistranslating is sooo manipulative wtf 😢
Thank you, Elizabeth. This woman is grating on my nerves!
@@joycef8443she was a most insufferable guest. Didn't seem committed to change. I have little hope for their financial future.
I was wondering if she was accurately translating everything. Thank you for pointing this out.
She doesn't let him speak
This is awful
I really do think a third party translator should be involved in these situations. As someone who watches this show and speaks Spanish I can't tell she wasn't fully explaining to her husband what Caleb was getting upset about. They way she framed her translations weren't in a way that were fair to him.
Every time I've seen a guest on who need an interpreter for a guest or when Caleb calls a parent of a guest etc, the language barrier is used to lie to Caleb or the other person Caleb can't talk to.
Completely agree. It’s only fair.
Omgggg I was trying to find someone who mentioned this!!! I was so upset that she was twisting words to shame her husband. He’s making dumb decisions but the money being managed by the wife is NOT an abnormal thing, shes blaming him and putting him under the bus. It’s not even about the translation, she never let him just speak… So frustrating!!
That was bugging me too smh
Caleb has staff that speak Spanish. They should have been there to clarify further.
So listen kids, having multiple degrees does not make you overall smarter. It’s ridiculous how many college educated people do this type of stuff.
The wildest thing is having a degree doesn't guarantee employ-ability. Depends on the field, sure. But the way a lot of job postings advertise positions, it barely seems to matter as much as certifications these days.
@@AnalyticalMenace imagine going 100k in debt on something that doesn’t matter, coulda gone to course careers 🤣🤣
She has an MBA and a focus in accounting. She's CPA eligible. She could have easily went into public accounting and been earning 6 figures after 5-7 years after graduation. She said the starting salary was lower than what she makes now, but that income growth is tough to match.
The CPA exam is a beast. I'm wondering if she doesn't want to go through that because right now she makes decent money. Pushing through a study scheduke, passing the exam, and starting as a CPA is a lot of work. It's worth it, but she doesn't plan or play a long game in any capacity. They want to move to a new country without plans. They have no retirement. Why would she work more now for later with a CPA qualification? @I.amhades
@I.amhades thank you for saying this 😭 in the middle of my accounting degree and she's giving me anxiety.
I'm an Amazon driver and the amount of people who have something delivered every single day is unbelievable, most of them would benefit from watching these videos 🙄🙄
I get boxes every day, but I am not in debt. It's a time saver for me. I also do pick up delivery for my Sam Club and wholefoods
I used to rent every room in my house. I’m pretty frugal but I couldn’t believe the amount of shit my tenants would buy every day. We had Amazon delivering sometimes 2x per day for 5 people.
Absolutely insane. I should have raised the rent lol
@@frederickvalencia4976. I get them lots of days, but I cannot physically go out and shop.
That is still wrong, you don’t need something to Oder every day. Super bad for the environment
I have deliveries almost every day from Amazon or Sam's Club. I'm disabled and can't lift heavy or awkwardly large packages so have to split my orders up (which I hate from an environmental perspective). Key difference: I pay my credit card balances off every month and never missed a student loan payment. Clearly, that's not the case here.
Caleb as a Spanish speaker I can tell you the guest do not do a good job at translating what you are saying. You need a Spanish speaker that actually understands personal finance to be able to translate it properly. I felt like we aren’t getting his perspective and the severity situation is not getting across to him. If I was local I’d translate for free I’m sure a fan in the Austin area would as well.
That's sweet of you. Thank you for providing insight to anyone who doesn't speak Spanish (esp me, as someone who only speaks English 🙃)
I agree
Shes 100% not reporting all the income they make.
Oh yeah 100K combined but brought it close to 12k last month
She basically admits they are tax cheats. Really smart on a public you tube how.
I'm sure that's how she qualified for that medical program in Texas she spoke of in the first 10 minutes. She applies for low income/lower middle class income help and gets it because she only uses her income. She slips up and alludes to it a few times. That's also why her income driven student loan repayment plan is so low. They don't know his income. Also, the fact they use the business CC for personal expenses is also shady. She considers herself low income and in need of lower income help because she applies for programs and gets it. She isn't though, and she's making it so someone actually in need can't access that help.
@@MissMosierableI hate people like this. Game the system to cheat everyone else. Pretty pathetic behavior
@@drn13355oh my goodness you think those Lockheed-Martin drones are going to buy themselves? WHO WILL KILL BROWN CHILDREN IF YOU DON'T PAY EVERY POSSIBLE TAX
She is a landlord with a 6 figure a year household income wanting student loan forgiveness 🤢
If all she is making is $60K with a Masters Degree, she’s not much of a worker. That tells me she’s changing jobs frequently and never establishes herself. I make (with only a Bachelors Degree) by myself what they make together.
@@aeromedical6776 I make more than them with only a 2 year vocational degree.
She's not a landlord as she doesn't own the properties she manages. She works for a landlord.
Not going to happen only 1% of student loans are forgiven.
@@natalierose1072she owns a condo and rents it out
Yay more older couples serving as cautionary tales, HAPPY MONDAY!
Morning!
Yeah the younger audits aren't nearly as interesting or cautionary as these!
@@CalebHammer Mroning!
Yeah, but still there are younger people in similar situations who swear that if they could just make more money (income of $100k or more), then they would be in a better financial position…
@@cheapmusicgear It's not what you make, it's what you keep.
‘Domineering wife financially abuses clueless husband’
There fixed title!
he goes big or nothing!
Qué 😟
First show in the last 3 months that got to finances within 15 minutes and not 50
We don't know any of their trauma or drama. I'm almost sad we don't know his mom's name and his dad's medical history. Not one of them cried and told us about their mental illnesses or shared their colonoscopy video and how their ex threw a flaming taco at their car so they had to buy a new one.
@@MissMosierableyeah I’m glad we skipped that stuff although the flaming taco story would be interesting
@@joycef8443A week or so ago a girl was on who stole $200,000 from her mom over 5 years. Mom cut her off once because they had a fight over money. The girl cussed her mom out, threw a taco, rage drove her car into her mom's new golf cart, and caused a family rift. She told the story so blaise like, "That happened. It wasn't my fault, but I had to figure life out on my own for 3 months." I am glad this episode was none of that, though. I wish the man had been able to speak more and was told the real scope. The wife totally gaslit him and lied to him in spanish.
Different generation makes all the difference
They wanna move to Chile but seems like they can’t even afford to eat at chilis
I don't remember where I heard this but "a goal without a plan is a dream."
Yeppppp
“A goal without a plan is just a wish.”
― Antoine de Saint-Exupéry
Chris hogan used to say this a lot when he was still with Ramsey
And that dream could very well turn into a nightmare
“Not having a plan is planning to fail” I’ve heard this from the Money Guys.
I am not in debt but this channel helps me keep my urges in check. Instead of spending money buying useles stuff i use the money to save non stop. Thank you Caleb. Everyone should watch this channel. Keeps a person responsible
I know, this keeps me from wanting to spend anything.
Regardless of your income or debt situation.
People should be regularly checking your bank statements, credit cards, credit score, freeze your credit if you aren't applying, and update your budget spreadsheet/application.
It takes very little time to update your budget sheet weekly after your card has processed. People are just lazy with all these free applications and guides online.
totally agree! i think everyone should watch this channel, or channels like this, and everyone should work in the service industry at least once in their lives.
I saved 575 this paycheck instead of extra fun money cuz of his fussin😂
@@meganmichaels9510 🥳🥳🥳🥳🥳
$500 divided by 5 *gets calculator out* lol, he must really be flustered this episode.
😂
He just needed sth. familiar to hold for comfort 😅
@@rebvanwinkelstein2578 His security blanket 😂
His emotional-support calculator😅@@Hillykarma
Number people use calculators for even simple math, it prevents big mistakes and takes almost no time.
I’m a fan of the older aged audits, really shows everyone where poor financial decisions will lead you
Since last September, my wife and I have paid off 22k CC dept, 4k in medical debt and 3k in student loans... this included selling my truck that I don't need to help out. Fuck Yeah!
WOW!!! Congratulations to you both!!! That's amazing work and hard sacrifice! Good on you!
Fuck Yeah!!!
Talk about actualizing your future and utilizing your situations to your advantage!! Proud of you!
Incredible 🎉
Wow that's some big moves! Good shit! 💪🏻
Coming from a Hispanic background, this dude just gives her all his money every paycheck is completely NORMAL, nothing surprises me. And their financial literacy, I see my aunts and uncles, cousins and their babies, 'If we have money after paying bills, we deserve a sweet treat' then they apply for EBT afterward. Sending money to relatives in other Latin Countries is DRAINING since people from those countries think that money falls from trees without knowing the mental and physical hardship one goes through. These two are just thinking about running to Chile like its gonna be paradise but whew they wont see a dime after a month.
@@AlenAbdula oh boi
What’s wrong with EBT? Corporations get welfare and they aren’t looked at as negative thing. Government is made to help the people not greedy corporations.
It's a huge issue all over the world because alot of family from other countries think once your in the states you make millions and they just keep asking after the first hand out@@AlenAbdula
Old biblical verse describes finding a good wife. She’s not a good wife
@@fber5591 a fairytale book? Lmao foh
I received a small bonus at work and immediately used it to start an emergency fund. It already has come in handy, but I'm prioritizing its replenishment on Friday when I get paid.
That's the way to do it. 👏
🥳🥳🥳
👍🏻
My cousin a few years ago was one got me think emergency fund 😊but i have always been taught to do savings but need up savings ten fold
Awesome 🎉
“He spends his paycheck on his kids, buying gas, and supporting his business” bro I know you’re fucking lying she can’t be serious about him being the spender
Buying gas and supporting his business… what a monster!
“If I leave it in the account he’ll spend it all” 😂😂😂 what she meant was I have to steal it out so I can spend it before he uses it towards actual bills/necessities
@@megannewell5118 I wholeheartedly agree w you ma’am
DeVry has already been taken to court over their shady nonsense, if you fall into the affected timeframe FILE A BORROWER'S DEFENSE CLAIM ASAP. They are taking a while to process so the sooner you claim them the sooner you will be on the list
Devry may be shady, but these people are scam artists. That wasn't tuition. That was mostly "living expenses". They took any money that was offered...now the plan is to run to Chile and never pay a penny back.
Hopefully this gets bumped up
Commenting to get the bump up
I hope they read this one!
Good looks
200k in student debt, with some interest close to 20%, to DEVRY UNIVERSITY is insaneee. Gotta be one of the worst student debts ever on the show lol
That is why they are running to Chile. They aren't going to pay a penny of their debt.
Devry is right up there with University of Phoenix.🙄🙄🙄
I can not stand this people who take out these loans and just don’t think they should have to pay them back. She 100% plans on dipping to Chile and forgetting those debts never to be paid.
She'll be shocked when she tries to get SS and they withhold mkst of the SS to cover the non-stident loan payment. Since she has no job plan for when in Chile, and no retirement savings of any sort, and says SS is her retirement, Chile won't be her salvation. Her 13yo is 100% her only retirement plan at this point. The boom boom of those fireworks was his future exploding.
I came here to write the same. Guess they ll save up the moving costs and they ll never be seen again 🌈
@@MissMosierablepeople don’t really rely on retirement money in these 2nd-3rd world countries. I think they’ll just save a large chunk, buy a property and bounce. The cost of living is so cheap there.
What I do think could get them in big trouble is if they get in an unexpected medical circumstance. That would be disastrous for them.
Many of these places are now expensive. They won't make it in Chile without a very large cash reserve. She has $0 saved. Caleb asked her, and she flat out said she plans on SS to pay for their life there and to maybe get a job. Several people from Chile have chimed in in the comments and said she'll need a few thousand a month to afford a decent property and all their monthly expenses. Sure $3,000 is less than the $9,000+ now, but how will she make that without loads of cash? Apparently the $1500 he quotes is no longer viable because the COL is increasing while the job sotiation is stagnant. @@user-ey4ut9uc8w
lmao that's exactly what rich people do 😂😂, sorry you fell for their dumbass guilt trap.
Needed this audit so bad today. Had two seperate couple friends admit over the weekend to some SERIOUS financial situations. I forwarded them both a Hammer Audit to watch and learn from.
oh goshhhh
Admitting there's a problem is the first step towards solving it. At least they're off to a decent start.
Don’t be a hero -/ advice goes much further than a bailout
It's just like substance abuse, they won't stop until they realize it's a problem and actually want to change. Can't even tell you how many times I've sent people Dave Ramsey books or links to finance videos and they haven't changed their behavior at all.
@@jarodarmstrong509that’s why Caleb is awesome, he doesn’t allow them any excuses lol really sends the message home
Every one grab your meal prep, Financial Audit is on!
I feel attacked
eating a sandwich rn lol
nom nom!
Here with my overnight oats, homemade
@@Videomixerify homemade popsicles with almost expired fruit! Got too hot outside putting laundry on line.
In my experience, people who have an option to leave the country tend to max out everything with no intentions of returning. That’s what this sounds like
Not everyone. I'm a hard-working, debt-free, paid-off mortgage immigrant, and I'm going to retire to my home country in five years with no obligations to the US government or banks. And many raised and born Americans around me abusing the system.
I moved to Ecuador with no debts.
Good luck getting healthcare being so overwheight in a mthird world country. Sadly doctors are not as nice as the ones you may find in here.
Making 100K and on taxpayer medical plan? Taking vacations, new tech and food to the tune 13 grand a month and they want everyone else to pay their medical bills. Disgusting.
For Valerie, I’m a bit younger (mid 30’s) and made the move to a developing Latin American country (my husband is from Latin America) to save money. Let me tell you, the price of properties, electricity and food ate our monthly income so quickly. Not saying this is the case for Chile but coming as a comfortable living person in the USA do not expect to live like King and Queens in a developing country.
So many retirees and working remotely employees have jacked up the prices of these once affordable options.
I really feel sorry for the true locals of these countries. They aren’t bringing “big” money. Many are surviving on $600 or less a month.
I’m not totally 💩on your plans. Just from someone that’s done it and now back in the States (we lived there for 7 months) it is not as easy as it may appear.
Blessings to you and your husband ❤
Thanks for your story and history! Good knowledge
Also if you lived in the states the majority of your life be prepared for absolute culture shock.
My husband has lived half his life in his home country and half here in the USA and he was absolutely shocked by how his country does things (from an adult perspective).
Simple things like people not having car insurance/brake lights, large fees for all things legally (notaries, titles, insurance, etc.)
Regular rolling blackouts, trash thrown everywhere, no sanitation system in place (at least not like it’s in the States), corrupt police (many bribes were paid- $300 for one with the threat of impounding our car based on the officers word vs ours).
Many places not having running water and/or indoor plumbing. This is truly very important to avoid disease.
And now it seems like I’m just picking on LAM. I’m not. I’m simply sharing the lack of “luxuries” in these countries.
Total culture shock to me and absolute frustration for my husband having been in the States for so long.
For us it will be a place we visit but not live.😕
I was born in Brazil and lived my teen years there before moving to the USA. Your description below sounds exactly like every time I go back home.
@@RoseWater20 Glad you mentioned the bribes. It's pretty wild.
@@MPPG663 yep. We always kept cash on us. It happened no less than 10 times to us in the 7 months we lived there.
They have regular checkpoints and pull you over at will.
Paid off another debt today! That’s MY sweet treat
username does NOT check out. good job!!
WOOOOOOOOOOOOOOO
GOOD JOB!!
Shoutout ubunut!
Woot woot! Congratulations :)
Multiple accounting degrees and finances are a complete mess. Gee, I wonder why she can't get a high paying job in her field? 😂😂
I would never expect someone with those three degrees to have financial troubles
She said "I found out I can make more not in my field". Do any of these people actually look at the career paths before they take out 170K in loans. She could have the job she has with ZERO degrees. The stupidity is mind boggling.
I have a similar professional background …often a credit check is performed when a job is offered….that could be a sticking point for her. If you are managing other people’s money, they want to see that you can handle yours.
Accounting and personal finance are vastly different things. It’s easy to hold the mirror up on a company but when it comes to your daily activities it’s much more psychologically and emotionally challenging, especially with unresolved trauma.
@@sirisaacmormont5445 That's true. Or she might just be terrible and keeping track of things which is bad for both.
Student loans like hers should not be forgiven!!!! What an entitled person!
And she’s out of control with her spending and acts like it’s no big deal because she has a business degree. And an accounting degree.
From DeVry university so they are worthless
This right here, ladies and gentleman, is an ACCOUNTANT... that can't seem to manage her and her own husband's finances. Scary... I would hate to see the business books she 'manages'.
Ironically, they are probably impeccable. People have professional and private detachment. She's probably scared of dealing with her finances.
She is not getting paid an accountant’s salary. I feel she is more of a bookkeeper.
I don't think that she is an accountant, she just has the degree. DeVry isn't known for providing a quality education and the CPA exam is a nightmare. Also, my degree required 3 accounting classes, and we didn't discuss personal finance at all, in fact my finance class barely covered personal finances.
How do you spend 13 THOUSAND dollars a month?!?!
One taquito at a time.
@@zackc3767 I was waiting for her to say she is an "actor".
By spending money you do not have and mooching off lower income programs cuz she's you're a hack.
Spend without thinking EVERY MINUTE of your life! That's almost a quarter of my household income and somehow we are in far less debt and making progress on it. Lifestyle inflation is wild!!!
@@raes3369good point, average family income for my son and family is about 60k..with 3 kids.
“We’re also counting on social security.”
Wallahi they are finished 😭
This made me laugh out loud 😂😂😂😂
with that many student loans ss will not suffice
Eyoo lmao
Cooked! 💀
You’re in high school aren’t you?
I want them to do a panel of people in their 50’s and 60’s who have no retirement. I want the other side to be people in their 20’s who are YOLO. Then, let the old people share their stories and their cautions. I am one of those old people😢
This is such a great idea.
I've had such a stressful week going to emergency vets and back, and I literally came here to decompress, Caleb screaming at the guests calms me down.
It's so weird how him getting angry at these annoying guests calms me 😂😂
Caleb your cutting through bs intensity keeps getting stronger and everyone is better for it. Every time a guest answers with something that deflects, you don’t let it slide and you say exactly what I’m thinking as a response. Keep fighting the good fight!
I gasped when she said that she had $150K in federal loans - beyond the $52K that she shared the information about with them!! I would be debilitated by anxiety if I had that level of debt in my 40s! 😭😩
The plan to go to Chile is to run from their debt. They aren't paying a penny of it and everyone knows it.
An older couple! Yay! Finally! Keep those coming Caleb!
WIll do :)
Caleb: are you setting money aside for taxes?
Guests: why do I hear boss music?
People overblow taxes and the IRS even if you owe taxes the IRS is not gonna come looking for you unless you owe an absurd amount. let’s say $30-$50,000 a year and you owe taxes. The IRS is not gonna come looking for you.
@@beyond-the-soul8651you have to be a troll? They will add extra charges and fine you until you get to that amount. Are you crazy?
@@beyond-the-soul8651 The IRS likes coming for the "small fry" $8k-50k tax debts because that's usually the people who can't afford lawyers and accountants to get it figured out. We've definitely seen people on this show get hit for under $10k of tax debt before.
@@beyond-the-soul8651 it’s a neat idea, you can save yourself up to $29,999 by not paying the IRS. Why don’t you try it? Sounds like a lot of fun.
@@beyond-the-soul8651
As a fluent Spanish speaker she is one of those no sabo kids who desperately and delusionally wants to show off their Spanish skills. He never lets her translate because he knows she isn’t good at it.
Exactly! She wants to be a translator in a different country but can’t translate the language well 😂
And he definitely understands English, meanwhile she doesn't even let him speak. Su español da vergüenza
I think her idea is to run to his home country to avoid paying back her student loans
That would work except she plans to live off SS. Non-payment of student loans means the government will withhold large portions of SS payments.
Wouldn't she still owe?
They can garnish social security up to 15%.
Yikes only 40k for hvac!? Dude needs to look around.
Likely off the books. Notice how they don't claim his income.
I was thinking the same thing. A HVAC technician should,be doing well in Texas!
@@goldgeologist5320 at least 100k alone.
he does hvac on the side, so likely not new installs. but yes hvac is quite profitable, my friend does more that $10K a month on average as install technician
Yes, he is working as a handyman instead of his waaaaay high paying skill! It's so weird!
They already got suckered into one timeshare and now they’re going to another timeshare presentation for a “free trip”? 🙈
Yep, she keeps thinking she's getting a deal, jumping in with both feet....
She has a master's degree in spending money they dont have with 26% interest.
Nearly a PhD --piled high and deep in debt.
I'm in an undergrad program and the masters students are so cringe. They're analysing minutia in our field (that nobody asked for) for diminishing gains while self-righteously complaining about how difficult it is. Some people just _want to_ struggle.
The husband’s English language skills are just fine.
They are excellent
Hombre hablo inglés está bien 👍
I want to thank this (essentially bankrupt) couple for single-handedly keeping the US retail economy moving, with all their purchases.
But are they realley if they don t pay?
@@rebvanwinkelstein2578 The Retail economy doesn't really care if you pay on credit, then don't pay the card owner. They've already been paid. The Credit economy does care; that's why people pay 29.95% interest on their credit cards - to compensate for those who default.
Just started watching this channel recently. I just turned 20 but I really have been focusing on budgeting and saving my money because of these videos.
Good - don’t spend money you don’t have!!
good job!! start the 401k now and you'll be retiring well! don't be like us older dolts!!
Welcome to the community. Good for you! Being serious about personal finance at 20 is awesome
Good! For! You! 👏🏻👏🏻👏🏻
Get that Roth IRA set up bud. 7k max contributed a year and it's tax free when you withdraw at 59.5 years old. 135 a week if you can. That's just one account you can have before your career 401k.
I paid off one of my credit cards last week. Just one left to go.
WOO!!! 🎉
🎉 Sacrifice and keep sacrificing after that to get a big safety net 💪
@@Sar-ahG developing my savings allowed for me to pay off that card. I’ve also started working with a retirement officer offered through my job. Slow and steady!
Awesome job 🎉
@@Gomaberry great job!! I haven’t even started saving for retirement yet 😢 getting there
Fastest I’ve been here. Love the show. Really made me fix my spending.
WOOOO
I'm chilean in my 20's and my boyfriend is is his 30s, life is freaking expensive here and a lack of jobs. I recommend them to stay in USA, for sure they are gonna earn more.
She doesn't realize that the monthly retirement payment from the government that she thinks she will get won't be what she wants it to be. Lack of overall funds from the government when we get old aside, people who don't pay back student loans have their monthly social security money (government retirement money) docked to help recover loans that weren't paid. She has $0 saved for retirement, and says SS is her plan, yet she won't get much if it at all because she doesn't pay her bills.
Son bien aweonaos si creen que pueden comprar una casa por menos de 60 palos y poder vivir hasta que consigan otra pega xD somoh el mejor pai de shile
@@basementhomie2674 las cagó, juran que van a pillar los mismos sueldos aquí que allá. Viendo estos videos me doy cuenta de que los gringos ganan MUCHO, pero gastan como si no hubiera un mañana. Podrían aprovechar tanto sus sueldos, pero prefieren endeudarse jajaja que terrible
@@basementhomie2674 las cagó, viendo estos videos me doy cuenta de que los gringos ganan MUCHO y tienen muchas oportunidades para vivir bien, pero en vez de eso se gastan toda la plata en weas y prefieren endeudarse jajaja que terrible
"They lied to us again!"
"Well, it's a timeshare. What did you expect?"
One time, wifey and I honeymooned in Vegas when we were suddenly approached by a lady basically trying to offer us "free lunch" in exchange for attending a seminar. Didn't take long to figure out they were selling something, but we were young at the time and almost considered going. Even went and paid the $50 admission fee (so much for "free" lunch, eh?); which....also had to be paid in cash; which meant taking money out from an ATM; which had a 10 dollar withdrawal fee.
Long story short, we ended up not even going because honestly...we just wanted to vacation and do our own thing. So, thanks to being too lazy/tired to bother going to a seminar that probably would have lasted hours, we narrowly escaped getting scammed into a timeshare. Easiest 60 bucks I ever lost, but will never miss.
@@AnalyticalMenace the value of that lesson is much greater than $60. So glad you had those instincts
@@AnalyticalMenace So if the lunch was free, why withdraw the money? Just grab the free lunch and say you are not going to pay for a seminar where they pitch you BS. Or use the 10USD fee at the ATM as an excuse not to go to the seminar.
If I took out a loan without talking to my wife… my b$llz would be mounted above the fireplace like taxidermy.
This is why they say finances are one of the biggest reasons couples split up or divorce. Makes sense, really. You literally cannot live without some kind of functional budget.
We could literally tell you what we spent on bills goin back to 2015 lol kinda wild I still have these booklets. Just kinda a lil reminder of how we got where we are.
😢😅😅😊
😂😂😂😂😂😂😂😂😂
My husband did this to me (bought a 35k truck without my knowledge) and it felt exactly like being cheated on, I was sick for days.
She 100% intends to flee the country to avoid their debts, especially the student loans.
If I had a timeshare, I would also not answered “yes” to it when asked directly. It’s one of the most embarrassing things you can admit to having lol
for real! They‘re not even really a thing where I live, but even I know that ‚timeshare‘ and ‚payday loan‘ are BIG no no words - even before watching this channel.
I have a friend with two!
She said they “kinda” had one at first lol
She’s the worst
Embarrassing if you have it and don’t use it. Smart if you actually use it. My parents had one when I was growing up and we used it all across the country and few international spots as well every year. Definitely paid for itself multiple times over.
My Husband and i have a time share. Definitely worth it if used
This is prime example of when Caleb says about having a higher wage doesn't effect the habits that got them in the situation in the first place
How can someone possibly think its a good idea to take a trip to Cancun when they have 170,000 dollars in debt, relying on your children when your too old to work to pay for you to survive because you wanted to keep going on these vacations. People blow my mind.
We only owe on our super low mortgage and one super low car loan. Vacation? We went and stayed at my sister’s house for a few days. I know it’s hard, but it’s necessary.
Chile!
It’s been a minute since I watched a couples audit! I like that they’re a little older as well!
@@nono99136 exactly one minute
Family of four, eating for $454 a month for 3 meals plus a snack. Bulk rice, beans, veggies and chicken tenderloin for lunch. Breakfast is 1 egg per person, 1 strip of bacon, 1 piece of toast and 1 serving of fruit. Dinner is some sort of ground beef / chicken meal. Burgers, tacos, etc, done without spending a ton on sides, toppings, etc. No paying for beverages, processed foods, bars of anything, candy, etc. Snacks are peanuts, fruit or veggies. If you set out to save as much as possible, while still eating quality food you'd be amazed how much money you can save when you're willing to cook every meal.
EDIT: Yes, portion control is also a huge factor here. We are averaging 2000 calories per person.
I've been most eating under $90 a month all because I'm not earning crazy money lmao and I'm only 1 person that just enjoys her freedom instead of drowning
Bacon is too fancy and so are fruits.
Slow cooker meals are great.
Overnight oats and cream of wheat, cold cereal,juice,tea,coffee,a banana,yogurt . Eggs are wayy to expensive. Home made bran muffins are good too these are just a few choices to mix it up daily for breakfast . Not to eat all at once lol.
Bulk grains/oats ,lentils/legumes are great though.
You re doing an amazing job AND you re setting up your kids with a healthy eating routine 👌 Bonus point is: you re also going to save a lot of medical costs 😊
@@jetta.silence6356eggs are about $.20 a piece, come on…
Make sure to adjust calorie amounts for anyone that is growing age or doing a lot of physical activity.
Anytime he hits these guest with the “buddy” he about to lose his shit
It’s always laughable when an “accountant” with multiple advanced degrees in that field, which is a lot of the reasons they are in debt, can’t make and live by a simple budget. Also, she clearly states in the beginning she is in charge of paying and managing the bills, so for her to throw any blame at her husband is just scapegoat tactic.
She was pretty straightforward - she doesn't make a budget because it would make her spend less on the things she likes.
One of the reasons im single at 46 is because every guy i went out with was a financial fail. Made good money but couldn't live within their means. Im debt free and paid off my house. Im not going to risk that , having been brought up in a debt filled household
I auditioned for the show in February or March, but didn't make the cut. Since then, I have paid off multiple debts, have created a budget, raised my credit score around 75 points, and just got approved for a credit card with a $12,000 credit limit. 😂 I haven't used a credit card this year--I just wanted to see what kind of offer I now qualified for. Now I know. 😁 Many thanks to the guests on this show and to Caleb and his team. You have kept me on track quite easily. (Oh, I opened a Roth IRA and have a small emergency fund. Need to keep building it.)
I have very little hope - she wants to be out of debt, but does not want to change ANY of her behaviors to do so. Sad.
This is why people don't support Student Loan Forgiveness. You have people loke her who make a pretty solid income but control their spending. Why would people want to bail them put when they will just spend themselves back in debt.
The two people I knew who were most amped up for student loan forgiveness were a couple of doctors who combined make close to 1/2 million per year.
They were literally jumping up and down over 20k in total forgiveness. Absolutely wild.
Because when you’re 18-19 & you have no brain, and they allow you to pull out 60k of loans either should be illegal or someone should help now. We can’t afford it
people in relationships NEED to communicate and be more transparent about finances before getting married. i think a lot of people forget that marriage is a financial commitment on top of an emotional commitment
Since I started watching this my spending habits has changed so much 😮 thanks! I can hear your voice in my head and it's weird sometimes, but couldn't be more thankful for what you're doing
If it’s an hour and a half couple episode, I know it’s going to be good
The wife is definitely behind a majority of this couple’s problems. She looks like she’s responsible for more than she’s admitting.
The dude is too mellow and easy going for his own good.
I dunno. He takes loans and buys cars and motorcycles behind her back. I don't think he is good either. I think he wants to do his own then while she does hers and pretend there isn't an issue so there's no fights about anything. He wants to be in the dark so he can say it was on her.
@@MissMosierable if I heard correctly, his personal loan was like $650 and he did it to help her.
@MissMosierable he's dead inside, so he buys stuff because he does want to be with her
He did it because they can't pay their bills because they both refuse to budget and stick to it. $1,000 a month at the grocery and like $500+ eating out a month alone. That's on both of them. The many Amazons are all her, but the Home Depot stuff is him. They are bad alone and a disaster together. She's honestly a hot mess with her student loans. She's dead weight until she sells that condo and she HAS to use it all on debt or retirement and not touch it for anything else. @louiehernandez1325
@@MissMosierablethey literally said he called her when he was buying his car how is that behind her back
“But I do try to budget”
Caleb: “No”
Honestly, watching this show motivated me to get on top of my debt. I have always made money, but I went through a dark period where my mental health was poor, and I accrued a lot of debt. I thought I was going to die from it. At the beginning of this year, I decided enough was enough. I started budgeting, meal prepping, and working extra hours. By October, all my debt will be paid off. I had $37,000 in debt; now I have $17,000 left. My credit score is almost back to 700, and I’ve been saving between $1,000 and $2,000 each month while paying around $4,000 towards debt. This show has been incredibly helpful by holding me accountable and motivating me to improve. I have sacrificed a lot, and it hasn’t been easy, but it can be done. I’m 29, and by 30, I will be debt-free and able to save around $4,000 a month to catch up on retirement.😊
So proud of you! Keep going ❤
im also very proud, truly a testament to your resilience and will to change, wish you nothing but the best! ❤ just found this channel and stories like yours give me motivation to be as strong as you are
It was kinda weird when he was speaking for himself and she still felt the need to speak for him
She was translating his ENGLISH like he was a toddler
Two accounting and a technical degree. Yet no Excel with budget in sight?
Sacrilege
I was astounded she was making only 60k with Masters in Business and Accounting... And then she said DeVry 😬
Master in accounting but cant manage her own account and simple taxes...
And she certainly doesn’t have a CPA, the one thing that you’d actually want to get a masters for
I'm from Chile and the situation is so bad its the same as the us right now.
Exactly! Chile is not a low cost country. Those days passes 30 years ago!
The scariest step mom, reckless with money and then blame the husband if he send money to his children.
Whoa you're right that sounds like a nightmare
That Home Depot charge will have deferred interest accruing as well. I just made the final payment on a water heater we had installed two years ago. The charge was $2485.15, and the deferred interest had accumulated to $1522.42. I paid it off three weeks early just to be sure it goes to zero before the actual due date. Literally if you miss paying $10.00 they will back charge ALL of the deferred interest.
$170k+ in debt with nothing in savings and you're thinking you're going to retire? Yeah, good luck with that. Like Caleb said even if they save up $20-30k and move to Chile that's still not going to be anywhere near enough to live on.
Yeah, the people who Expat have decent retirements built up they are stretching by moving. Step one is to build up retirement funds and assets. They want to skip that totally and live off air.
@@MissMosierabledon't say expat , they wanna be immigrants. Expats are immigrants
This situation is so similar but in reverse. My wife refuses to fully combine finances which is probably for the best because she also refuses to ever look at a budget before spending. If I don't remove the bulk of her paycheck from her account to the main house account where I pay the bills from right away, we don't have money for the bills. It's mentally exhausting and makes me feel like a control freak but if I don't do it, we don't have money for bills.
Cautionary tale for those before they get married -- make sure you are both on the same page financially otherwise it will feel like a prison sentence.
Good luck, man. If she doesn't know how much her behavior weighs on you, she won't change.
Perhaps marriage therapy would be a great place to work through her stone-walling and denial? You deserve to be heard.
@MissMosierable we've tried therapy. And this very topic has come up that when it comes to household finances, I don't feel like we're a team. It doesn't help that about 5 years ago she was hiding over $20k in credit cards I didn't know about. I had to put our finances into DefCon1 and take care of that.
I've tried every possible scenario I can think of to get her more involved.
- Do the budget with me.
- I do the budget and she reviews it with me and gives her input.
- I just do everything and let her know if we or cannot do something when it's a larger purchase.
We've settled on this quasi routine where we agree on a set amount I transfer from her account each pay and whatever money left is hers to do with as she wishes. But when it comes to managing the household money, it's all on me.
My fiancé and I came up with a plan, he said he doesn’t want to feel like he can’t go out and buy something he wants, which is fair he makes a decent amount. He gets paid weekly and he keeps $200 from each paycheck. The rest is sent to our joint account that is budgeted to cover house expenses, vehicle expenses, credit card payments, groceries. After the first month of doing this he said to me this was the first time he didn’t get an alert from his bank that his account was under $100. We will have everything paid off by the end of the year except the mortgage and his truck, 4.5% interest rate. And by May of next year we’ll have $20,000 in savings!
That is a sucky situation to be in. And unfortunately no amount of love will fix that... hopefully you can get on the same page someday
I think an effective strategy on showing how much money is lost to interest would be to display it in Play-money in a briefcase. Would be crazy to see peoples reaction seeing 40k+ in front of them
Great idea!
Another channel does that and it is pretty cool
I think Caleb should learn how to pause the most talkative spouse so we can hear another perspective/voice. I know in this case there's a language barrier but I think he could still express himself.
Caleb doesn’t want to hear broken English. This is giving me racist vibes 😢
Seeing people not wanting to pay back student loans makes me not want them forgiven. YOU HAVE TO CARE ABOUT IT
Taking out secret loans as a couple, it begins...
....
because they are 'struggling' on 100K income...
1000$ a month for groceries for 3 people? What?
That's actually nothing. Where I live (I go to one of the cheapest stores and 99% of food I buy I mealprep healthy meals for the week for 2 people). I spend about 800 bux a month.
Inflation is kinda wack. I used to spend 100 a week on heavy spend days but now mini spending is over 100. 😢
So...depending on where they live, I can easily believe the grocery bill is valid.
It's crazy. I have 2 roommates and the most we CAN spend on groceries in this economy all combined is less than $400. Not even $400 for 3 adults and that's pushing it, but these people have almost 3 times that.
No one needs to spend that much on groceries for 3 people. That's ridiculous.
There are debt confessions out here where people spend that AND $600 on eating out. 😜
From the looks of things it includes a bunch of sweet treats.
Cliffnotes version:
Wife: He got a car and I didn't know anything about it.
Husband: I called you.
Wife: Yea, but I wasn't there.
Jesus christ with trying to shove the blame to the husband. Bet she told him to go get the car in the first place. She lies so much I can't believe anything she says.
"We committed tax fraud but it wasn't our fault"
Go on 😏 😂😂😂😂
Tell us you are committing multiple types of fraud without telling us you’re committing multiple types of fraud…
And while literally also telling us about it lmao
How can you spend 13k a month😭😭😭 and I have the feeling they don't even know for what...
Spent $13k in a month. Over $1800 in amazon purchases in a month....good lord. No wonder he spoke up earlier about every day there's a new package getting delivered....
The way she said his salary the tone just rubbed me the wrong way, this is gonna be fun 😂
Please offer your programs in other languages- that would be fantastic for so much of the population! Love having older couples, thank you :)
Spanish dinero audit 😂😂😊