23-Year-Old With More Debt Than Anyone Should Ever Have | Financial Audit
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I’ve gotten to know Alex since the recording, and he’s genuinely a good dude. It’s easy in our culture to get sucked into student loan debt and endless school because we don’t teach about the consequences. I really think he is going to do what’s necessary and turn this financial situation around.
Ooof, sucks how big of a hole tagging out loans and maxing out on credit cards to make some YOLO purchases not realizing the consequences that come later when you have to pay it all off.
I think he just didn't realize how bad his situation was until you pointed it out to him.
Finance has to be mandatory in high school. All high school graduate should be shown what return on investment before getting into college. I saw a Phd in social work with 400 k in student loans making 25 k per year. Does that make any sense at all? Neal
I was a first generation college student and the goggles I wore took me from a community college debt free to a 4 year state school. That was all good, but the financial perception was that the lifestyle my student loans/scholarships/grants allowed would be what happens when I finished school. 🤯 Definitely not the case.
I like you're positive with this guy. Neal
I think it’s brave to come onto a show and have your financial life dissected. Good luck to this fellow
💯
what was the incentive on coming on?
@@jorgevelez1809 A wake-up call. Many people know they need help but until it's shoved in their face by someone else they burry their head in the sand. Better to have this guy give you the call when he's also willing to provide a roadmap to success
Agree. I get uncomfortable when the kids ask for the needed FAFSA information.
Seems like a nice dude. It doesn't seem like this is all news to him, he knows he's basically screwed.
I dated a woman with a fine arts degree. She spent 7 years and 300.000 dollars in debt. Only to be working at a coffee shop
Sheeeesh 🤦🏾♂️
..was she pushing for a commitment lol?
You should run for the hills.
Well that's kinda average for them.
If she was good looking and was willing to use her holes, some rich guy will put up with that no problem. She doesn't have any problem.
I'm sorry I know it's serious but when Caleb said "this is one of the worst financial situations we've seen in a long time" and the dude deadpanned "you're welcome" I lost it
Yeah, I don't have a lot of hope for that kid. His ignorance is crazy to me.
@@jim-ce5kt Jesus christ Jim, this was one of the cringiest comments on UA-cam.
@@Elpappydaddy Your sensitive to reality, good.
he has a point - this is how caleb makes his content… so it’s a pretty accurate joke
@@jim-ce5kt yikes
I have become addicted to these videos and have cut my overspending completely, pinching every penny, paying off my debt! THANK YOU FOR EVERYTHING YOU DO CALEB ❤!
THIS IS SOOO IMPORTANT!!!
Same here lol. I have never been better
$€£¥ yeah guys!!!! so proud of you! keep at it 🍾
Doing the same, and it has been beneficial for my mental health and wallet.
I’m there with you!! Now whenever I want to impulsively spend I can hear his voice roasting me “this is disgusting, wyd” 😂
@@samanthasosa3843 My favorite is “you are NOT a credit card person, and that’s okay”
I dated a girl who was traveling the world while in grad school. I asked how she afforded it and she said student loans. I got out asap. No way I’m paying for that crap.
And Biden wants the tax payers to foot the bill for these people.
Yep, being in a relationship with someone with a very different outlook on personal finances is more dangerous than dating a person with less income but who is responsible with it.
There’s plenty of time to travel AFTER you have a good paying job and debts payed, I can’t imagine
That always amazed me, how people around me were just taking vacations left and right. I wonderd how they could affort it! Turns out, they couldn't, they were messing up their future. For what!?!?
I had to get government loans for flight school and fortunately all my academic stuff was fully covered by scholarship and tuition waiver. But I still graduated with 60k in loans. Only one semester did i choose to not work so that I could take 18 credit hours but i had to live on my loans.
They hung over me like the sword of damocles for a decade until I got into the captain seat at an airline. At that point I paid them off fully in 12 months.
This is why financial literacy is very important at a young age and needs to be a 4-year requirement in high school.
Sure, but at the same time it’s basic math. The guy doesn’t even know exactly how much he makes. “$2,100 a month?”, he says, uncertainly. Then he’s not sure if that’s before or after tax. Let’s say he makes $1,700 a month after tax. Now divide that by 4. $425 a week. Now what expenses do you have? Rent, food, insurance, gas, utilities. Start writing them down. What are your monthly expenses? If they’re under $1,700, you’re good. If you’re over $1,700, you’re fucked.
They don't want us to be literate. They want us to be permanent slaves to debt. Medical care, job training, housing. None of these things used to require going into debt. Our current economic system is basically unprecedented, and a person from an earlier era would absolutely define us as indentured slaves.
Highschools and colleges/universities have a business agreement. Thats why they make SATs ACTs, college readiness nonsense, etc a big deal in highschool to make kids feel like they will be a nobody if they dont continue with “higher education”. They will never want students to be aware of these things because then the student loan industry will be effected.
The teaching of money management could start in primary school, basic trades, money, saving for the future, know your worth.
You can’t teach Responsibility, the “ I’m in so many projects “ is An example of this, picking up over time should be his own requirement.
Caleb telling people "you're not a credit card person" is seeming more and more like a doctor telling a patient that they have a sickness.
Yea this guy going to be broke what a joke and the lvl of disrespect @ 21:29. Rolling his eyes
Lol well he was bloodied, broken, and bruised at that point in the FA. So not surprised.
well to be fair, banks and credit card companies designed it specifically to be that way. that's where their profit is, those who managed to get the rewards and advantages without falling into the many pits are not those the companies target as they don't really gain profit off them.
I mean... that's literally the point of credit cards. You're not SUPPOSED to be "a credit card person". They're not designed for actual human beings in mind (well, they are.. but to exploit them), so it's not all that surprising.
It's solid advice though. Credit cards can be dangerous!
cause the credit system is built to be addictive and predatory, it will legit suck people into a lifestyle they cant get out
I had a professor in college who sat down with me when I was a senior to talk about my life plans. He was my advisor and knew I had my eye on a PHD in theology and I was going to be an academic. Keep in mind he also had a PHD in theology. He told me he really liked his job, but as the chair of the department he received 5xs the applications than jobs open every year. He strongly encouraged me to take a year off and think about it, and in that year I fell in love with social work. I will never forget him telling me "you can love something a lot, and make a place for that in your life. That doesn't have to mean it's your job." I really wish that more creative kids heard that message. There are so many places where you can exercise your creativity and improve your craft while still having the day job.
Thank you for the comment. It helped me a lot as a 25 year old trying to figure out what I want to do with my life. Great quote
@@DoYouEvenRiftI’m glad it helped you like it helped me!
This is what they mean when they ask: “Where do you see yourself on 5-10 years” 🤣🤣🤣
This is what happens when high schools focus entirely on telling every kid they need to go to college and not enough time teaching kids financial responsibility. College turns into an experience and not an investment.
No, this is the result of participation trophies and laziness.
This is what happens when you ingrain into your kid that they have no choice but to leave their home and pay an extortionate amount in rent alone. Jesus Christ, I know you all want a taste of that sweet sweet independence but maybe not to this extent, like moving out is supposed to be a mature decision but it's like you forget that maturity comes with the basic understanding of not going broke
Maybe half right. But why would public school teach financial literacy? The purpose is to create good consumers.
@@hoyemd Sadly, that's true. I think some basic financial literacy in high school would solve WAY more long term financial problems for tens of millions of people in this country than that last year of trigonometry or calculus does. I loved math; don't get me wrong, but I rarely find anything beyond basic algebra to be applicable in everyday living.
@@hoyemd Schools do teach it btw, at least the one I went to.
As a person in grad school, I can honestly say that less than half of my peers should be here. The vast majority did it for next to meaningless reasons, were duped by school counselors, or are almost addicted to school because it is a ‘safe’ environment. Not to mention that the value of a graduate education is being diluted by the sheer numbers being enrolled. This gets worse every year. My generation needs to wake the hell up. These colleges and universities have it in for us and are shaking us like piggy banks every damn day. They are not our friends and not looking out for our best interests.
I always said there was a very big difference between the ones who went to grad school because they really wanted to and had ambitions for what they were studying……and then there’s the ones who are just prolonging starting real life by continuing to be in the education system as long as they can be.
I completely understand and agree with you guys. Grad school is a lie for most people. It’s not a good way to start life at all. You need to work to support yourself first. None of the academic people really cared about you. And if you happens to have sickness do they really gonna help you at all like your parents. That’s a question you gotta ask yourself at the end of the day. I consider my masters as the beginning step to my PhD but now fk it no more PhD as soon as i got out of University i gonna work to support myself!
The grad programs with real ROI are not being diluted. They aren’t the fun programs that the “safe space” crowd likes to hide out in though.
I can definitely see it making school comforting for many people since thats all they know. Many dont mature when there in collage it takes them while. Unfortunately reality will step in and correct things but sometimes its to damnn late. Many will fall into debt with no plan with children no family. Many will become homeless with debt. God help us all. Luckily i never went to collage just got my ged and living debt free. But im learning coding so hopefully i can land job in it one day. Or start a startup or something. Im fortunate to be Hispanic because ik if i fail ill get back up and join a construction crew asap.
@@roboterminator_T-1000 the discussion is about grad school (meaning masters and PhD after University) not college though. But you’re looking good buddy keep it up!
The one feeling I hated when I was in debt was that the money I was making didn't belong me and it had to go to someone else. Such a weight off the shoulders once I was debt free
This is the best feeling. I got rid of a credit card last year. OMG the best feeling. Only rough part was knowing I would have to use that payment to add to another card. People can bash on Dave Ramsey about his investing advice, but his basic debt snowball is a financial lifesaver. It's HARD AF. Giving up vacations, eating out, etc. However, the fact that at the end of it you can do all those things again WITHOUT debt hanging over you is a trillion tons of weight off your shoulders. When you're on vacation and you're wondering how you'll pay the bills...that makes it no longer a vacation
Congrats on that!
Still never fully debt free so long as the gov keeps raping the U.S in taxes
This is such a good perspective and one that I need to take on more. I'm in debt so of COURSE my money is not actually mine! Thank you so much for this
Yep. I'm currently working at paying mine off
After coming across Caleb’s channel, I now spend my money as if my bank statements will be audited by Caleb himself, even though I live on the other side of the world. If only I had this sort of accountability a few years ago!
I literally do this too lol, I haven't bought coffee out in a few weeks because I hear Caleb saying "COFFEE?! You have DEBT!" (I'll be done in 8 months thanks to him!)
me too since literally this week, he is in my head yelling at me about my bad decisions
omg I heard the voice of Caleb this week too. That's a super idea, live you life like Caleb is auditing you!
same!
I do the same! When I go through my bank statements I can hear him shrieking at me at taquitos, but I also have started saving and paying down debt aggressively so the Caleb in my head is proud of me.
i’m 16 and binge watching these videos have really opened my eyes on my financial future, it is terrifying me but i’m going to make sure i’m prepared with these videos and more research on finance.
It's great that you're being exposed to the importance of financial literacy early! One thing I'll tell you is to definitely learn about credit cards because having a credit score is so so important in adult life. My parents put the fear of credit cards in me as a kid and I'm building credit later in life than I wanted to
Life is easily explained by not living above your means. So, never ever use a credit card unless you know you have the money to pay it off or it is an absolute last resort. Start putting into a 401k as soon as you turn 18. Do a minimum of 10% of your pay with a 401k . If you do that you will have no financial problems ever.
Easier said than done. The whole point of alot of this guys payments are for the convenience. I wish you good luck though
Cash is king. Learn how to live on cash before getting plastic.
@@wendull811 the lunch pail millionaire route is a real thing. Good advice.
I have never seen one of these before but I love how frank this guy is and that he just directly calls the BS out. He's telling this kid what he needs to hear, not what he wants to hear. And I say that as someone that worked 2 to 3 jobs while in undergrad before going to law school and intentionally chose cheap schools, not prestigious ones, and I am so much better off financially because of it. Everyone I know that went to elite schools and lived lavishly in college is paying dearly for it now, and I am very well off relative to them. This is important advice to give these kids.
Yeah but like why this is completely criminal what is my gen doing if half of us is going to be debt payer economy would be damn.
@@danielmoreno2969 Well your generation are criminalizing yourself.. thats the issue.
@@truthbetold1855 First im actually pretty good from Mexico standards alright for you USA is not much, second I did not understand we are criminalizing ourselves a lot of my generation are iliterate when it comes to it, debt from student loanes make it absolutely normalize going into debt for "good reasons" so own a car, a house, use credit cards everything tells you to go into debt, so how they are no going to do it, if the bank promotes it, the car companies, everywhere the other older generation is predatory, im quite lucky im intelligent i dont need to many things and im trying to learn investing, but all of my generation is going to be crippled crippled, and that is going to hurt even im going to be if I do my own company my target would be people same age, and they are not going to have any money whatsoever, so of course they dont see the future they dont even promote own personal finance in collegue what do you even do there. is just bafflinf i cant do no good if it gets out of everyone hands!. do I become predatory to my own generation to live good? what do I do. its just a wonder to learn how shockingly bad is pay now what is the plan when they become so burdened that its impossible. its just going to be a dumpster fire. what the hell.
Its not our generation fault only is everyones for the shit show we are going to get.
Well said, just get the paper and move on. If college is the route you want to take.
Extremely happy I stumbled across this channel! I’ve been an active alcoholic and addict for the majority of my adult life but decided to get clean back in 2014. And instead of buying booze and drugs I became a MASSIVE materialistic consumer! Struggled with managing my credit and money for a while and just started to put it back together in 2021 and life has gotten so much better! Keep doing great work Caleb!
I drink a lot of craft beer and should stop. Money and health
Good luck 👍
Congrats on being clean for so long! How are you channeling your addictive nature energy now that you have reduced materialistic spending?
Congrats on getting sober. I did back in 2019. It was nice not spending every dollar I had on booze and drugs, but yeah, it was easy to find other things to buy. Luckily, it was only bad for me for a year or two. Now I realize I don't need much to exist. Hope you keep it up friend.
@@austinreeves5221boy I just heckin LOVE craft beer! Did I mention my exposed red brick apartment is across the street from the barcade??? I voted for Biden too
As a college of liberal arts undergrad at UT, I was endlessly told to go to grad school or law school. Students take on debt without thinking about it because it's a problem for my later self. There are so many kids without a plan that just keep going to school without an end goal in mind.
Yep :( that’s exactly how it goes :(
It's also stupidly easy for kids to get loans. When I bought my house, the bank knew more about my life than I did and they'd deny me if I breathed wrong. When I got my student loans it was a couple clicks online.
Yup lol my sister went to school has over 20k debt I just worked for the postal service no debt and I make as much as her no college degree
That’s why I stopped after my bachelors. Why would I take on more debt if I already have debt? Make it make sense
@@mr.puggin8384 20k is not that bad depending on her degree and what she makes. That can be paid off in a few years if she remains diligent with paying it off or if Biden clears some of it. That’s a typical new car note price. Anything over 50k is gross tho
This isn’t bullying or harassment any way. We need more of this exposure to help people before it’s too late ❤
The colleges gonna hate this one lol
I constantly see comments saying people realised they were approaching these bad situations and were able to stop it before they reached the low points the auditees reached. Super important to show people.
This was absolute pain for this man to share and my hat is off to him.
I forgot my hat at home bro where did you find youre hat bro?? Bro my hat is gone 😢
@T. Nelson he has a mind otherwise he wouldnt be alive bro
@@ucrain4971 what do you mean by “mind?”
Maybe it is a matter of different cultures but I don’t see much behaviour that would resemble the emotion of being humble in these videos. Most participants seem to demonstrate an attitude of entitlement. However, maybe that is why they have ended up in their particular situation.
This channel has helped me understand how everyone I know and classmates afford to go on nice trips and do cool shit all the time. It's just all on credit.
Yeah Seriously, then everyone likes to pretend like it’s not lol
It would be very cool to check in with these folks after 6 months or a year and see what progress has been made or if the situation has gotten any worse.
⁹
That is a fantastic idea
too busy storming capitols for trans rights
He actually checks in with some people after a couple of months!
I would love to see that happen. Because I’m always curious after these videos to see how many changes or if they even made any changes to the plan Caleb had come up with.
Thank you for not sugar coating. I think with finances, most people need this directness.
2/3 the way through this. All my respect to this student for facing his debt. At his age, all I wanted to do was run away from my debt; I pretended it didn't exist. Like, "Something magic will happen, and all this debt will go away." Spoiler alert: No magic happened. If he can stick to this plan, he will emerge a WISE young man. Waiting until the last 20 years of your career to save for retirement is possible, but it SUCKS.
File chapter 7 magical then what you would have used to pay off debt put into savings and invest 👍
No respect for this fool. Will lend up homeless and few will care.
I mean.... The magic shit IS kind of happening these days... Despite whether it should be or not ole Brandon is all for cancelling student debt and shit.
@@Ink30 student loans can't be charged off.
@@earthstar7534 yeah exactly, right after he won the votes of students and people with this debt, literally a couple days after the midterms ‘Oh it’s not constitutional we can’t do it-‘ yeah anyone with a brain saw that it made no sense. like why would the government want to help? no, it was trickery for votes.
I see some comments on here saying how they wish they found your channel in their 20s. Well I’m 21 and it makes me glad I found your channel this early. As a college student myself, I wish the best of luck to Alex.
Bro same I think about this every episode I watch
I’m 27 and I’m glad I found this channel when I did. Never got into severe debt but still never saved or analyzed my situation.
I’ve never felt better to be 25, debt free, and working in my own trade. Although I’m from the south here in the u.s. and I was raised by a grandmother that ran her own business for years. I am lucky to have been taught from childhood about finances.
Sounds Awesome! Whats your trade, if you don't mind me asking?
@@rifleridge9560this is a bot
Wonderful
@@Codfansince hi, not a bot ☺️ also I’m in the home repair industry as well as a lil side hustle.
@@raven_viisantana1760 ah that’s cool to know. You are pretty damn hot that’s why I assumed you was a bot! Wanna grab a drink?
I get this. I was there. I remember the whole spending when you know you didn’t have it.. the “I’m this far in, what’s another $100?” It really takes a night of being sick and tired of working too hard to be broke. This close until student loans are paid off. So excited!! You gotta break the pattern and quit worrying about what people think of you.
We're all so proud of you for paying off the loans and learning the good habit!!!! Good luck :)
I feel so bad this honestly made me look at my small purchases and made me realize I need to look at them and just not spend with whatever
Yea its called a budget, spend what you can not what you want.
Do you ever make follow ups a year later and see how they're doing? Would be really interesting 😊
He hasn’t even been posting to this channel for a whole year yet. But that is a good idea for the future.
He’s done follow ups with a few of the earlier guests… sadly none of the follow ups have been happy :-/ essentially none of them took the steps he recommended and were still equally as screwed if not more so.
I wish I talked to this guy in my 20s. What an incredible head start I would have had on life. And I am not even that bad off. Truly Inspiring stuff, Caleb.
Talk to your kids like this!
@triswilsful If only we could mandate you have to be a good parent in order to have kids LMAO barely anyone gets this kind of financial advice growing up. That's why Americans are so financially fucked. Low wages, debt, no Healthcare, we are screwed.
What is there to talk about? Every one of these talks about finances is, live life like a wet sock until you're 40-50 and then maybe have some fun.
@@DINO5551000That’s not what he says in any of these videos. These people have an insane, unreasonable amount of debt and he creates a plan for them to pay it off, usually within 2 years. That kind of task requires hard work and discipline.
@@tomasgrahame147 most of these people won't ever get out of their bad financial situation. The best he does is tell them to eat air and go work 24 hours. How's he helping them? All I hear from this guy is eat ramen do uber eats, work 3 jobs and 60 hours a week.. does that really help these people though? Do you really think any of these people will do any of that? If they've even had an ounce of responsibility they would've never gotten themselves into their financial misery.
I am 42 years old, and I finally paid off the last of my student debt last year (spring of 2001). It was bad when I was going to school, but damn, tuition rates and college loans are pretty much out of control now.
Yeah I just turned 30 finally paying off a lot of mine thanks to my side hustle and the interest pause, but it is insane. I went to community college too then transferred to save money. I went to an in state college too. The only way we can fix this is to stop the predatory loans and hold employers accountable if they didn’t require a bachelors degree for more than minimum wage then people wouldn’t go… like does an entry level data entry job need that? A librarian? It’s sickening really. I worked through college too. I’m glad I went because I was able to escape poverty, but I hate having the debt.
The person in this interview only had $30k in student debt. the taxpayers literally pay his income AND tuition currently. His masters is fully paid for. The specific problems are his choices to take out extra loans for junk food and overpriced coffee, and his choice to take out credit cards. These are all lifestyle choices.
You people are crazy
@@AD-wm9if It's on him for sure, but it's also an issue with the system. They give these loans out the same as they do for a mechanical engineering degree, nursing degree, etc; i.e. degrees with legitimate job prospects. Loans should not be given out for all degrees equally.
@@mikeb5352 Loans shouldn't be given out on the backs of taxpayers period.
It’s a daily routine for me and the lady to watch Financial Audit episode separately and talk about what we think later in the day. Happy to have found the channel, thanks for being a G Caleb
That’s amazing 😊😊
Same here w my man
Same here with my dad. Keep it up Caleb!!
Love this!!
Chelsea and Caleb should figure out away to do a collab. ❤❤❤
It’s dope seeing you do this service, not just for the auditee, but for your viewers. Love the bluntness yet care you put into teaching financial literacy, something US schools don’t spend nearly if no time at all.
I feel for students who think it’s a future problem. I did the same thing and am now digging my way out. I was lucky to have choose engineering as my major and it’s helping income wise but I’ve seen some of these others with 3x the debt and half the income. Good luck to you all out there and hopefully people see this videos and stop putting it as “future me issue”
What kind of engineering do you do?
@@TheXarus Mechanical
Why not the government does the exact same thing
but props to him for attempting to fix his situation and do this video. takes guts to admit all that.
Been there too man. Was in debt up to my ears, rent took over half my pay check had $200-300ish dollars a month for flexible spending (food, clothes, etc..). But I put a plan together to get out of it, and the best thing is as you start to pay things off it opens up more money and flexibility. It took a few years of being meticulous, but it got easier.
I consolidated my debt onto a single card that had 2 years no interest and closed all my other credit cards. Set a strict budget, only used my debit card. Meal prepped so I didn't need to eat out, on the occasion where I wanted to go drink with friends I either didn't order or got the cheapest drink b/c I knew what it meant in groceries.
I was 25. Now I'm in my 30s completely financially independent, only debt is my mortgage, and I'm tracking towards early retirement. You can do it, it's possible, become a conscious spender and plan your purchases, don't buy anything spur of the moment. It'll change your life. We believe in you
Thank you for sharing this, it makes me feel hopeful and like my efforts will pay off in the end. I’m at about $350 disposable income a month now and it’s depressing at times to have to turn down friends and dates etc. But it’s not forever and your story is proof of that
Been there too. I'm almost done on my most expensive credit card (was 5000) that's crazy to think about. Start a pay schedule and stick to it. Before you even think about it it's done.
Then roll it into the next.
Rinse and repeat.
How did you get 2 years with no interest on a credit card?
@@YTonYahoo Citibank Diamond preferred card. No interest for 21 months (still has this rate today) on balance transfers. There are other options out there too.
I merged my debt made a commitment, only used debit cards till it was paid off.
See if i ever had massive debt and they started coming after me for it I'd go to their offices and threaten to blow my brains out in front of the the place
Walked out of uni with 55k in debt and a serving job. 2 years later I’ve paid off my car loan and 10k credit card debt, only thing left is my student debt 😅 Put myself in a trash spot but I can finally see the way out now!
That is good.
This is definitely someone an update is going to be needed for. I have hope for him
Right? I want him to succeed so bad
He'll be poor forever.
This dude is done
@@JonnyBeoulve only time will tell
@@JonnyBeoulve I thought that about myself. So much debt and I couldn’t mentally comprehend budgeting at all. I met someone, she taught me to budget, a year later my car is now paid off and I’m melting my debt away successfully and swiftly. All it takes sometimes is for someone to show you what you didn’t understand, and maybe for that person to point out the reasons as to why it’s so important by showing you that your current state of poverty is self inflicted.. if I can escape massive debt, anyone can.
Caleb, your sass towards other people has given me a reality check to manage my finances better! So thank you
I hope this kid sees this and knows that we don't hate on him. I'm in bs debt doing the same stuff. It's not about what you've done but how you move forward. He has a great future ahead of him!
If he pays off the debt of course otherwise men in black suits and paper work will be at his door
I love this guy, he’s like the Gordon Ramsay of financial stuff
$30/hr to be a set and costume designer with all that debt? After I finished my undergrad, I was facing a very similar situation. I did the math in my head, I threw out the grad school idea, got a commercial driver’s license, and currently make $36 an hour driving city buses. I don’t care what anybody says or thinks about the profession. I enjoy what I do , and other than my house, I’m debt-free and *happy* . You can act all superior and think you’re better than me, but I own a house, I get 6-weeks of vacation a year, and use that time to travel and enjoy my life. Unless your profession is going to start you out at $80k per year (and that’s with no debt), college isn’t worth it. Call me low-class, but I’m smart, I have money, and I’m happy, so neener neener 😜
And I bet you even have a pension. I had a great career as a nurse but not even a pension!
@@joycewright5386 Yes. We definitely have a great retirement plan. I’m amazed at how many people nowadays do not consider the fact that they need to save for retirement. It’s super important, and so few people understand that. They’re so busy trying to “self-actualize” when they’re young that they never even think about what they’re future self is going to need.
@@TVHouseHistorian yes I saved my entire life for retirement. No pension but no debt either. Very blessed.
@@joycewright5386 that is amazing. Good for you! Our parents taught us to save, and save early. I’m 49 now. Been saving since I was 21, and am still paranoid about falling short. The thing I worry about is people like you and me having to pay for those who didn’t save, but instead chose to waste their time “finding themselves.” The concept of hard work doesn’t mean anything to anyone anymore. 😂 such strange times we live in. Anyway, good for you for looking out for yourself. I think it’s completely stupid your employer didn’t have a pension or 401k of some sort.
@@TVHouseHistorian Lol. Well my hospital was owned by a bunch of crooked Russians that stole our pension. Union took them to court, we won, and that was about 7 years ago. No one has yet to see a dime of the settlement and I’m not holding my breath. God will deal with them in His time and in His way. Happy New Year.
I grew up in a household that handled debt well. And by well I mean we like things paid off to stay paid off. I'm very frugal and I'm thankful to my parents for passing that down to me. Jeesh. That amount of debt scares me. If I ever see more than 0$ on a credit card at the end of the month I'd freak out.
That is so great! I hope you get to pass it down to your kids or teach that habit to others. My parents raised me to fear credit so I started building credit way later than most ppl
That's a really good way to be
He looks like such a nice guy, so happy he got audit in such young age. If he could pass criticism and actually take advice how to fix finances would be so good for him. Fingers crossed
He needed this audit like two years ago. But 4.5 years of no fun is gonna turn someone into a fucking maniac.
If only being a nice guy paid the bills
@@macedaking better late than never. the stress will be nuts but at least it's recoverable
Yeah, this kid is TOOO much of a nice guy, really fragile, and this world will eat him alive if he doesn't grow a pair.
He's a m0r0n
Hearing Caleb read out a 5 minute list of fast food restaurants has the obvious effect on my lunch preferences . . . even though I'm one of those guys who PACKS A SANDWICH
I know someone who inherited $300k, its not a lot of money but to randomly get it sure is. He blew 80% of it the rest is in depreciating assets. Even when he got it I tried my best to tell him not to waste it, he'd buy a car and laugh just bought another car. I told him dude your going to regret this stop. Still kept going. Now hes broke. Really showed me first hand how little influence you can have on people financially lol
If you don't have this mind set young it's almost wasted breath.
Easy money disappears just as easily. Sometimes, it takes people to feel real hunger before they appreciate food. Sometimes, it takes someone poverty to understand what real suffering is. The bad thing is not learning and continuing a cycle while playing the victim.
I don't feel sorry for them.
Just remind him of how stupid he was everytime you see him.
Ed McMahon was on TV for 40yrs.
Number one show on TV
80yrs old he was broke and bankrupt
I like Caleb, and I also give this guy who came on MEGA props, that takes a lot of guts to get dissected in front of a youtube audience like this. I appreciate his openness and honesty, I know he's gonna make this situation right.
No need to give him props, he's in college for making his own props.
Someone needs to get Caleb a stress plushy for Christmas. Feel your pain Caleb. Keep up the great videos.
Buy him a gun
I’m stuck on the fact his parents financed a car for him and told him that he has to pay on it. And this was a “GIFT”
A gift of debt is what it is. I agree with Caleb on that one.
Based on the fact that it was before he moved from New York to Austin his mom was probably worried about him getting around Austin and said "Ill pay a down payment on a car if you want" and he agreed cuz he has no idea what that means for his financial future
Gifted loan yes, but 5k is still 5k. You need a car to be mobile
Guy is dumb enough that his credit is probably in the dump and the “gift” was getting the loan approval.
My parents did the same thing but also beforehand carefully explained the concept of debt to me and what this would entail for me. That was 7 years ago, ive since paid off the car, totalled it in an accident, and paid off my second.
@@johnnymac6242 why not pay off the car in 1 go ?
Love the new editing, especially in the intro! And the high definition/lighting looks great. Always improving!
I always enjoy your videos with my morning cup of coffee. Excited to watch this one!
Thank you!!
I agree. I love this updated style with the editing and sound fx+ camera cuts
The hammer is so close to 50k. Last week he was at 48.1k now this week he is at 49.1k. I like the new format with the numbers and hard facts at the bottom. I can't wait to see the channel evolve more. Keep up the great work.
Thank you!
Let’s just take a minute to recognize the quality since the beginning of this channel. Love the improvements the trained eyes and ears appreciate these updates ❤
I want to get top of the line cameras next!! But they are very expensive…
@@CalebHammer what cameras are you using ?
This guy is so polite I feel bad for him but tough advice is what most of us need. Thanks for your insights
I would say it’s almost 100% unrealistic that he could go 6 years doing absolutely no unnecessary spending (coffee,food, entertainment) and not experience burnout and give up. I think he should scale way back on spending and do some fun things so he doesn’t lose his mind in this process.
I agree! Coffee and eating should not be considered a luxury. It saves mental health.
Balance is key.
The money he is spending is not his. He shouldn't even be in school right now. He should be in the work force. This is just pure laziness just hoping against hope that Biden will forgive his irresponsible behavior.
That's what I did haha 😄
Cheaper alternatives I did as an animation student: taking a walk instead of coffee run (no wallet allowed), go sketching at the park, make hundreds dumplings with friends on Sunday and split them as cheap dinner for the week, instant pot so I can cook while working, deco-ing up my portable coffee cup that I fill with instant coffee so I still feel aesthetic lol. Honestly being a student is so stressful it's easy to overspend. You really really can't though as when you graduate you'll be surrounded by people who want to take advantage of you and being in debt just means you can't say no to shitty jobs and situations.
I do feel for the guy at one point. You can tell he knows he messed up, but I think he has anxiety and couldn't bring himself to look at the carnage prior to this. Hopefully, this is a HUGE wake up call for him. He needed the tough love
Yep it’s almost like in their back of mind they are like “wtf I’m I going to do” but end up going about things with out trying to fix it and placing it in the back burner. It’s always good to have a wake up call before digging a black hole of debt.
I'm really glad I found this channel. Making me really think about how to cut down on my spending and chip away at poor choices I made in my 20s. Thank you!
i went online this week to see if i still owed on my taxes from last year. i did, $400. paid it right away with my emergency fund. thanks for the guidance! my credit score has gone way up since i started watching u, 695 now and a plan to get it up to 745 by the end of the year! thanks Caleb! ❤
Only 745? Jeez lol that’s it?
@@crashingcoyote omg ur such a stinky lil hater for that
@@crashingcoyotelol hating on 745 credit score is ridiculous
Seeing this makes me so glad I went the trades route. No school debt and really good pay
So they do exist! Good for you man. Smart move.
My only debt commitment was a mortgage around this kids age, what a difference actually thinking about what youre going to do with your life can make. The amount people that got herded into colleges and universities straight out of highschool thinking its their only way to financial success while doing the exact opposite to themselves is sad. But for alot money skills come through hard learned lessons, and not ones in “school”.
@Dennis Plum I never said everyone should go into the trades. Most people don’t want to do it
@Dennis Plum that’s okay little girl I know you’re scared of hard work you should just go to college with all of the other little girls
@Dennis Plum if you're trying to imply that a significant amount of students hypothetically going into high paying, but laborious careers is a bad thing, you are an insane person
There's plenty of poor and miserable trades - there are many more broke, delusional, and outright lazy 20 year olds..... like um. the guy in this video.
2 seconds of having to see him attempt to process the situation at hand instantly told me everything I needed to understand what happened
Cool
This makes me realize situations can always be worse. I appreciate the advice, this continues to help me focus on the long term.
Props to this kid for not blaming it on mental health issues. Its just being a dumb kid, living way beyond his means, and never stopping and taking a real look at his spending. He has dug himself quite a hole. But he knows its his own fault. He knows what caused the problem and how to stop it, and that is the first step to getting out of it.
Im sorry but 23 isn't a kid. It's just a young adult. That being said, I was also stupid at 23 so I can understand some.level of him being this stupid
The additional editing really does improve the look of the show. I know it is a lot more work, but it does make it look a lot cleaner. Keep up the good work Caleb.
My co-worker needs this. She is surprisingly forthcoming about her abysmal finances.
She has 75k in credit cards, while paying off 5 vehicles that are not in her name and constantly going on vacations every month while buying luxury items non stop.
She gives me anxiety when she talks about it
Edit: the vehicles are recreational type vehicles, off roaders/ toy haul type stuff that her and the boyfriend are in possession of. Some of them are in his name and other under other friends because their credit sucks
WHAAAT 😭 I always wondered how people lived luxury and thought I was just broke for not being able to go out 24/7
@MrBean i said the same thing when I first heard it. The vehicles are under her boyfriend’s name but she pays half of the payments. They are off road vehicles/toy haulers/motorcycles.
She makes just under 100k a year but lives paycheck to paycheck.
She even pulled out a loan from her retirement funds a while back.
She has the absolute worst financial situation i have ever heard of
ALOT of people just rack up debt and pay the minimum due until they die and poof that debt is never payed off entirely
75K? 😭
5 cars?
Can we just take a second to appreciate the new editing style for this video?! 10/10 my man! Props to whoever edited this one
As an MFA grad student with only a slightly higher stipend than him this was crazy to listen to and I’m thankful I am for my cheap ways and almost complete aversion to credit cards and loans. It’s a struggle on a stipend while doing school forreal.
It’s not being cheap, it’s called being fiscally responsible 🙏🏽
I’m amazed y’all are getting that much. My stipend was $1100.
@Ponderosa518 And how long ago was that?
Subsidizing eating out with loans is ridiculous but happens way too often with students and meal plans, etc.
I paid to eat at the student center every day during college. But I absolutely would NOT have done so, if I didn't have enough scholarship / work income to fund it.
college is a time when we all bond over our ramen cups, not congregate at starbucks
I didn't even know you could use student loans to pay for anything but education costs, until after I graduated. Glad it was never an option for me.
I ate 1 time a day during my last 1.5 years of school. I had to take loans but made sure I only used the absolute minimum and any extra I sent back to the servicer. I also made payments during school to get the balance dropped.
Everyone needs a friend like Caleb.
My goodness. I love this. 🙌🏼
You’re absolutely right! There are a million ways around his spending habits on food. I am a mom to a toddler, I commute an hour to school, and I have 10-12 hour days. We got our grocery bill down to $150/week and that’s for breakfast, lunch and dinner. Can’t afford to eat out on student loans.
I intermittent fast to keep my grocery bill and weight down. I spend about $100/month on food now for myself.
@@circletech7745 $100a mont damn your americans get to live so cheap. 2 pieces of steak here in australia will run$45
@@brocksinclair66 100/m on food here probably wouldnt cover a 100% pb&j diet. Not sure what this guy is buying. Maybe rice and beans?
This channel is the tough love we all need to hear. So much of the time we just justify little purchases and mindless shopping here and there and everyone just jokes about being in debt (as a coping mechanism, btw) so we’re made to feel like it’s just normal and totally manageable. But if you’re not paying attention to your finances and laying it out in front of you, you don’t even realize that you’re NOT managing, just going further and further into credit card debt. Then paying fees and accruing interest, you end up losing even more money and get even DEEPER into debt and it’s not until after a couple years when you’re entirely reliant on credit card to pay for basic needs, THEN you break it down like this and see the hole you’ve gotten yourself into.
This show will hopefully get us to wake up and take hard look at ourselves before that happens and take accountability for our choices. The good news is that it is totally within our control to PREVENT situations like this and, as he shows at the end of every episode, that there is always a way out and it’s never hopeless. It’ll probably be very difficult and take a ton of work and sacrifices, but you CAN get yourself out of any situation. There is always hope, but we need to start paying attention NOW
Caleb thank you for doing these video's.
The fact this young men isn't freaking out about the debt he already has is telling.
I'm hoping beyond all hope he is just putting up a front, like it is actually insane that he doesn't hear himself. When he talks about how he has no time to cook it begs the question how he apparently has the time to go to these restaurants and wait for food and drinks. Cause I guarantee I can slap some meat on wheat and put it in a bag a helluva lot faster than that barrista can take his coffee order.
I understand spending a bit of money when you are really tight on time but when you earn this little AND your future earning prospects are abysmal even in HCOL areas... like bro get a sandwich from 7eleven or a dollar menu item or two at McDonalds at most to cover the those few times you don't have time to poor a bowl of cereal for breakfast and pack a bologna sandwich for lunch.
It is actually infuriating as someone who grew up poor and hate to fight tooth and nail to make it and I thought I was truly atrocious with my money in college but to hear this man speak with no shame about a sheet of expenses that are truly going to drown him and coming up with nonsense excuses. He is posturing plain and simple, he doesn't want his 'friends' knowing he is poor and struggling, the dude is paying over 50 per month just to own the latest iPhone for christ's sake, as a GRAD student no less, he isn't a fresh out of highschool kid anymore.
not everyone freaks out, has a breakdown and puts an OMG in every sentence.. people are different.. to me it seemed like he actually understood the severity and wants to change
I agree. I see it as maturity. I think if he wasn't aware of it he wouldn't be on the show and he would be defending it absurdly.
Freaking out would not help him. Staying calm is key. If not depression is next. He needs to stay positive and turn things slowly around. Panic is not at all of use here. But calm and live a simpler live.
He is a homosexual so he is comfortable with high risk behavior.
HAMMER FOREVER 🔨 🔨 🔨
I hear so many horror stories of debt in major cities that I feel thankful to have lived in Chicago for school and early adult life. My rent and utilities were $900-$1000, $100 in public transit, and no car payments. It was tough but I do not know how people double that rent elsewhere or include car payments in college.
I charge my students $450 per room with a private bathroom.
Imagine thinking Chicago isn’t a major city
@@bethmarino3474 I meant other major cities. Especially ones that have insane rent prices and no reliable public transit.
@@jacksonbilly9979 Chicago is the best big city in America, imo. Tons of schooling, work opportunities, easy transportation, and a relatively affordable cost of living.
Rent in Chicago is absolute insanity. If you’re not in the hood $2500 a month for a 1 bedroom
You know as a 24 year old without a good job or degree due to poor life choices but no debt I suddenly feel much better about myself. At least my mistakes are my own and I’m not asking for anyone to save me. Trying to finish my degree! (Stem) Better late than never. And before someone tells me to learn a trade I have a bad back so physical labor really ain’t in the cards for me!
Same,just turned 24 yesterday! The pandemic and the horrible administration(because of Covid) at my university pushed me,to drop out of college! I was really mad and sad about it,worked for one year after that.And know I’m seeing all my friends getting degrees,their flats and moving on in life!
I have to push myself next year and start my degree,also in stem!
there’s nothing wrong with waiting until you’re ready to goto school if that’s what you want, just do it when you’re stable and ready
I'm not sure you understand how many people in trades have what you have and worse still dping the job, lol. The thing is that those trades can be used as a temporary step to get you way more ahead financially in life if you're responsible and not get trapped in the spending trap.
Learn a skilled trade, invest in yourself
stem is the way bro, 24 yr M. Got a job paying 115k a year at a aerospace company being an engineer.
I make around 1800-2k a month after taxes. I'm a manager at an ice cream shop and a college dropout. Living debt free and was able to save the past 16 years of working buy a house in cash.
I'm kinda glad with my decision to drop out in hindsight.
Thank you for doing these videos, so important for people to be aware. I sent this to my daughter in college and told her I was proud of her. We are both working together to get through it debt free. If we couldn’t pay for it not sure the degree is worth it. My son chose to go into the trades and I’m proud of him too!
Trades are the best way to go!
Enjoying your stuff. I would like to see you give people a hardcore plan and a somewhat less hardcore that gives them a small food/fun budget. I feel like you give a lot of “do the most hardcore thing or all is lost” which could really discourage people from even trying.
Honestly I’d love the opportunity to come on your show and get audited. But, my financial situation is decent and probably not as interesting as those who are heading headstrong into financial ruin.
Keep up the great work and I look forward to watching more of your stuff.
I think he’s the third (?) person I’ve seen talk to Caleb who’s taken out student loans and spent it on going out and their lifestyle which is just mind blowing to me. Is that something a lot of people actually do or is it an anomaly on this channel?
I went out a lot in uni 20 yrs ago. Didn’t always have the cash. But total debt was only $20k after the degree.
@@mattym8 I just didn’t realize until I started watching this channel that when you got the loan you got a check. For some reason I assumed it was credited in a school account or something like that although I have no basis for why I thought that
Definitely NOT normal ! You take out what you think you’ll need for the year from what you’re offered
Maybe FAFSA offers you $8k that year w loans and grants and scholarships & you see your tuition is only $6k then you take $6k. Or, if you’re a commuter student w no savings or help you take out an extra $1200 or whatever of what was offered and work a part time job
Or even no commuter students I’ve seen work part time jobs to have money for food and going out w friends
Then again that’s just MY experience & people from my same economic background
I did see some more priceless kids do THIS or parents finding them weekly Starbucks gift cards
It’s crazy
Yes it happens a lot
Seems more common with grad school to me but i did not go to grad school. The vast majority of my loans/grants for undergrad went straight to the college.
Editing to clarify that in my case i never had most of the loan physically. The funds were allocated directly to my college, which in my case was a small liberal arts school. I lived in dorms, as the vast majority of the students there did and ate at the school dining hall.
It may be more common in schools with different room and board systems and grad students who may not have the same access to or desire for on-campus housing, food, etc.
I got a nephew that went to a high school that specialized in aviation careers. After senior year, it essentially is a publicly funded tech school. He became an airline mechanic. He makes over a 100k. He got all of his certifications without spending one penny. Today, unless you’re going to be a lawyer, doctor, or something like that, you’re probably better off not being saddled with debt.
Caleb would you ever consider making a Financial Audit video on a typical American based on the latest statistics? Think it would be incredibly insightful
Oh interesting idea
Agreed, I watch this religiously and its only on young people. Would be interesting to see people in there 30-40s trying to wrangle finances
id like to see that also. i think it would be helpful for me. good idea
These are so helpful to watch. I don't spend more money than I have. But there are elements of some of these audits that apply to me as well. Especially getting coffee and small unnecessary things that all add up to hundreds a month for something that I honestly value way less than that. Even though I can just get a thermo mug and bring my own coffee for a car ride rather than spend time and money getting coffee on the road. That said, unnecessary spending is one thing, but taking on debt for coffee and sandwiches is crazy. It makes me feel sad that people are jeopardizing their future and getting into trouble for stupid stuff like getting new jeans and coffee.
Seriously, what the hell marketing brainwashing did they master that is making so many people go into debt for frivolous things????
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life too 🙏🙏🙏
you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future.
I was not lucky and was in a layoff when I was working and living paycheck to paycheck due to Corona virus pandemic . When you are just starting out it is difficult to pay off student loans and save. I decided to went in to a investment platform, it was really a positive wakeup call for me,
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
Yeah investment is the key to sustaining your financial longevity but venturing into any legitimate investment without a proper guidance of an expert can lead to greater loss too
exactly! That's my main concern and what kind of investment can someone do with this increase economy turndown
I wish this young man the best. You can tell he is stressed by his financial situation.
An adversion to debt is one of the best things my parents gave to me.
I avoided college because of the debt it would have put me in, and followed a random opportunity into a trade instead. The pay is not spectacular but it's liveable in my area, and I've only just started braving the world of credit cards the last few years.
My one regret is that I used to never get much junk mail, and now my mailbox fills up with credit card offers lol
I am impressed by your ability to scold this person without it being an attack.
"$2100 a month, BUT I get $10 a month taken out for taxes......." I was as confused as Caleb. WTF is that gonna do? Lol.
I wish I only paid 0.05% in taxes 😂
I thought he meant an extra 10 dollars beyond taxes are taken out. So maybe he gets back money later
@sarah mc hugh That is what he meant but it's still $10, though. Lol. Wtf differences is that going to make at tax time if you owe? When I've owed it is usually in the thousands. It was also just out of left field. He was just asking what his pay was.
I have never heard of trying to overpay taxes myself. You should try to pay exactly what you will owe, and you are better off saving separately in case you do owe. You can get some interest on your money. My emergency fund covers it.
Man I’m 18 and decided to skip the full on Degree thing and work in a trade. I am thanking myself because I’d be going to school for no reason. My situation is not that bad anymore to me I thought I made the wrong decision.
You'll own your own company in 10 years and won't look back.
Good man. It's a mentality. These lefties twats just can't sort themselves out because they believe it's other people's problems.
I went to school for management and ended in biotech
I find so much comfort in hearing what you say about college life and younger years. I am in Uni while having a full time job and will graduate debt free. My car is also paid for. I know this good, but sometimes u wonder because everyone else my age is going out and having special coffees everyday while I make mine at home. It’s nice to know this will all pay iff
It definitely will! You should be immensely proud of yourself for not falling for the lie that consumerism and outward appearances will fill the void
Good for you! That's not the case for everyone. I had 2 jobs and a full time schedule just to pay for groceries and rent plus savings and had some student loan debt. I went to a state school in a low cost city and cooked most my meals 🤷♀️
Tuition doubled in my four years there. This was ten years ago. We don't all get this outcome - enjoy it!
I realize you’re not a therapist but I think a helpful addition to this financial counseling would be help with navigating the social aspect. Because sometimes friends are pushy, and it’s going to be really difficult and uncomfortable to never be willing to go out and get drinks or eat for a span of 4+ years. Feed these people some lines to give their friends and some manageable ways to actually cope with living through the extreme lifestyle changes
Tell them you are broke. If they are really your friends they will understand
This guy is in a pretty big hole of debt but at least he's more willing than the other people from other episodes I've seen to climb out of it.
Holy shit my debt is totally manageable but watching this guy get chewed out makes me really worried too late at night. I love it.
You're so right about not being able to do those sacrifices to live a better life. I just payed off all of CC debt and I have extra money and i am trying to fund that emergency account but it is definitely harder than it sounds. I'm 35% short from almost being done but it will definitely need sacrifices.
Professional student. Bless his heart.
The saddest part is that this breeds the cesspool that academia is now, because these people's whole life is wrapped around their degree and they will do anything to keep their position.
It's videos like this that make me glad I am the way I am. My son will never know this kind of debt because his mom and I are frugal even though I make damn good money. I feel for any kids whose parents have never explained debt to them or taught them how to manage finances.
This!! His purchases are absolutely ridiculous!!!! Idk what web ID is but he was spending thousands of dollars on it.
Just found this channel because of Graham Stephen. This is channel is absolutely shocking 😳. Financial literacy is needed NOW. I'm starting to be against student debt forgiveness without common financial education
It's terrible that the lone bright spot was "only" 30k in debt from Pace. I feel bad for him and I get why he does what he does. Continuing to get coffees is a form of coping and denial of the financial mess. At the same time the reality of the situation needs to be addressed.
This is... a crazy amount of eating out. Holy COW.
I spend $70 a week on food and spend 4 hours meal prepping on my days off. 7 snacks/breakfasts/lunches/dinners/deserts and even my iced coffees. It's exhausting but I spend next to no money eating out and I'm in the best shape of my life. Learn to cook. It's worth it.
Best gig for almost any grad student is private tutoring. 10 years ago I was getting $40 an hour to tutor undergrads in math, it really helped me pay for the fun side of living expenses while my stipend paid for the necessities of rent, groceries and utilities.
It's great that this guy is getting a masters paid for, amazing especially since it doesn't sound like he's doing any teaching or research and just taking classes (but a very heavy class schedule?). While the masters will help him be secure in future employment, at $30 an hour it's going to be really hard to work out of this debt in an expensive city like Austin, or mid-cost city like Chicago. Good luck! Set your action plan in motion and reap the rewards of a more secure future!
This kids needs a tutor.
True tutors make bank
@@ajmarion 100% but not this kid. This kids has zero clue. I’m actually worried for him.
Oooh upgraded intro and graphics. Loving the growth!!
I think Alex will struggle with making the sacrifices needed to get out of debt. Going from living off debt to living below your means is a difficult change. I hope he can do it.
I like this tough love style. It hurts to hear but when things are sugar coated it’s too easy to keep spiraling in the wrong direction. These conversations are so necessary.
The way he rolled his eyes saying yes referring to get out of debt by age 30. That actual mannerism he actually means no.
Can’t give up that coffee lifestyle.
Need muh Sephora, need muh urban outfitters, need muh leased car
He rolled his eyes so many times in this video