I've Been Financially Stupid For Many, Many Years
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- Опубліковано 13 жов 2024
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Who’s also really pulling for him?! He’s owned all his mistakes like a BOSS
Definitely a good start. Hopefully the road forward is easier knowing the pain of these mistakes. Godspeed!
Like a bo$$
Owning your mistakes is the 1st step toward correcting your course!
Not really.
@@Wall2000xyeah, I agree. Just because you owned your mistakes, doesn’t meant you’ll actually change.
But it's the first step@@mikenelson8377
Since this is me(my name is Cord not Tord lol.) I’ll explain it, since in the comments there is some hate.
I was deep in my addiction October - Mid December. All the money I made went towards my addiction. I checked myself into rehab. I ultimately lost my job for this.
I Was still able to collect unemployment fortunately. But because I was a truck driver and worked in so many different states, the process was slower for me to get unemployment. At the time of this call I was only back to work for about 3 weeks In which I was behind on child support payments and some other payments.
Paying my Car was next, but it was repossessed before I could catch up the payments. So my question was would it be better to just let them sell it or get it back. I wasn’t sure what the best credit route would be.
I’m happy to report, I made a deal with the financing company. Have my car back on the condition I pay $10,000 in the next 5months title in hand (I owe 21k on the loan, they are giving it to me for 13k I just have to make $2000 payments the next 5 months) I followed their advice got the car back and now working on snowballing it.
Sounds like you are making steps in the right direction. Good luck on your continued sobriety!
Sobriety is the most important thing. You are 5 months in which is great but I wouldn't even care about finances right now. Fix your addiction and then tackle money.
I hope they pin this comment. I wish you continued success in everything you do. God bless you. 🙏
You absolutely SHOULD have lost your truck driving job because you were/are battling addiction and nope, you wouldn't be eligible for unemployment either. 2 months sober?? WTF are you even doing in a truck? I, nor do most professional drivers I know, have absolutely no desire to share the roadways with you.
Great going Cord. All the best
Amazing that he is calling in and looking for financial help. He seems very positive on climbing out of the rabbit hole.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
Long term? Stocks! Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.
Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
Credits goes to Aileen Gertrude Tippy, one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services.
Addiction destroyed my finances in my entire life as well. Sobriety saved my life and it will save yours too
❤❤❤❤❤
Glad he’s sober. I would love to have seen John’s reaction to his progress.
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Wow, such compassion, I’m thankful for the ladies and their advice
I hope he can beat the addiction. My heart goes out to those with an addiction.
Hope this guy makes it and takes the advice. I appreciate the transparency on the challenges he went thru in the past.
What a tough hole to climb out of. I really wish this caller well in his sobriety journey.
Other that coming current on utilities or rent -
I think the best next move would be to pull a free credit report to see exactly what is owed on what, and in particular, what is in collections.
Once caught up on utilities, pioritize clearing up any additional collections items next, offer them 10 cents on the dollar.
Congratulations on your newfound path of recovery. You can feel the peace and release of shame from getting sober. Getting the finances back together will be a piece of cake and a clear headed joy.
My mom has a car payment she can barely afford and I’ve been watching her struggle with it. My car was stolen a while ago. It was a cheap $2000 car and I’ve just decided to remain without a car while I save.
How do you get to your job train or bike?
I feel for this guy. Hope he was able to get out of this
$5-$6k/month, no bills because of collections? This guy should be able to pay what’s due on his car now. Why is he “waiting” for an unemployment check?
Hmmmm, true
he probably has nearly zero in the bank right now, but the moment his next paycheck comes in he should be using it to get the car back.
Hookers & Cocaine 😂
He called to get a congrats on being 2 months sober..
Rent is Connecticut is high.
Waiting on the government ...
I did an amended tax return for 2022 well over a year and half ago. They owe me over $2500. I am still waiting. In fact I have decided to stop believing it will come.
If I had planned to use this money for an emergency issue, I would be screwed.
They charge us interest for making a late payment.
But they don't pay us interest?
@@jimmymcgill6778They actually do pay you interest. Buts probably like $1 for every $100 that they would have charged you. 😅. I made $14 one year b/c I filed so late, but then got taxed on my “Earnings” the next year. SMH.
@@jimmymcgill6778 but the Bible says the borrower is slave to the lender. So you are making the government your slave
@@siva47931 The bible is fake.
Stop taking what a fake book says so literally.
God bless you sir! And the ladies ♥
Why is he getting a check from the government if he is working? Also he said he makes 80K a year and is not paying this bills and flat broke. He says he is clean so where is his money going. He said he doesn't pay any rent. Something doesn't make sense.
if your prior employer disputes your unemployment claim then you don’t get paid until the dispute is resolved. If resolved in your favor you get the back pay
I would never depend on money from unemployment to come in. I've seen it a zillion times where people make a wrong assumption of when they will receive anything from them. Only count it when you have cash in hand.
“My car was just repossessed” “I’m also a truck driver so saving money is really easy…” say what?
I know, right...
This guy sounds like hes going ro stay clean. I cant believe how upbeat and positive he sounds after 2 months. I feel like it took me a year to feel mostly normal. I prettyuch ruined my finances during a 10 year opiate addiction, the last 2 years i was spending $500-700 a week. Its crazy how you can justify it at the time, literally notging else matters. I probably would havw spent $1k a week if I had it to spend, crazy.
5:09 “Hi. I’m from the government. I’m here to help.”
Tord: As a recovering addict myself, stay the course brother! As a truck driver myself, given your situation, it will take no time at all to get the car back and get on your feet again. Trust in God and ALL things are possible!
Extremely well done Rachel and no I'm not going to be a strange dude asking you to dinner. 😂
Tord’s Car was most likely a Turd that’s why he let ‘em repossess it. Most likely a Dodge or Hiunday or KIA
Or nissan 😂
@@itamchi9084 Nissan with a CVT Transmission 😂
@@TrazimDollare1982 i had problems with one before lol
@@itamchi9084 Sorry 2 hear that….Next Time buy a Nissan with a Manual Transmission….
They're all shit nowdays lets be real.
Dodge, hyundai, kia are probably the worst though.
Sure are quite a few judgemental comments on this thread. Try Listening to the caller . . he’s acknowledging his poor money handling. He lost his job when he went into rehab to get clean (hence the unemployment claim) . . Good for you! I myself wish this fella the best in digging himself out of his self-imposed financial hole & getting on track financially for his future! Cause financial struggles are the biggest “slipping point” for folks in recovery . . . have some compassion here . . .
Maybe I missed something but if it is easy for him to save money. Why not pay your bill?
This is where our tax dollars are going to - people taking unemployment for reasons like this ughhhh..
Do you know that unemployment is paid partly by the employer and since he worked he paid taxes into unemployment so yea his tax money
Unemployment and welfare are not the same. Unemployment is a short term pool of money to get you to your next pay check. Unemployment has hard cut off dates
I love to listen to people complain about not getting their free money fast enough from the government! These are the same people who say government is too big yet they love getting those handouts!!
I just paid off my car, a few weeks ago. So now we have 3 paid off vehicles.
And one bum
@@carolmaz8675 Well 2 bums. Lol.
So.. what's wrong with this story? Great that he's been sober/drug free for 2 months. He also says he drives a truck, also stated he lives in his truck so doesn't have any expenses. But then he also talks about some "back" unemployment. And then Rachel tells him to work extra 😂😂😂. Anyone who knows anything about trucking, particularly an OTR trucker, like Tord? Would KNOW that's not a possibility. Drivers can and do typically work 70 hours in 8 days, and up to 14 hours per day.
The other question I have.. so WTH is Tord even doing IN A TRUCK? You don't start out making $1250 a week so chances are, he's experienced and was doing drugs while operating a commercial vehicle. Let that sink in. Also, if he failed a DOT drug test, he would be on a certain list the government maintains which PROHIBITS trucking companies from hiring these people until they've completed a SAP (Substance Abuse Program). After a driver has been listed in the drug clearinghouse, it's damn near impossible for a company (that's not some fly by night illegally run junk) carrier, because no insurance company would insure him or IF they were actually willing to, it would be prohibitively expensive. I have way too many questions on this story.
He should have still paid his bills doing something else.don’t rely on government now since it’s repossessed it’s up to the lender what the terms you have they can even ask for the whole loan so I would count it as a loss if they don’t take the payments
He should call the unemployment line for CT because they have never been this slow issuing unemployment checks. I’ve been on unemployment twice and I didn’t have to wait 4 months to get my check from them. I waited no more than a 2 months at the longest. He should have called them.
He wouldn't necessarily be drawing unemployment from Connecticut. If he was an OTR driver and got laid off at some point, he would have drawn from the state his former employer was located in if he was even eligible for unemployment at all.
Tord is short for Christordfer
How am I the only one missing it? The guy is no longer $2000 he is now $4500 upside down $2k on the car and $2.5k on the repo fees, guy might still be better off as cars sell for much less on an auction but that would be at least in the back of my head.
Being financially stupid is not fatal. One can learn financial discipline without feeling like one is being deprived of anything. Get your car back, starting paying your bills, and stop using excuses to avoid being an adult. Addicts are not heroes. Stop congratulating them for dong what normal, responsible people do all the time. Didn't hear him say he was responsible for anyone other than himself.
A friend of mine got her Mustang GT repoed on Christmas Eve. Those people are heartless!
It takes determination to repo a car on Christmas Eve. Those repo guys really wanted that one
My car got repossessed today! I think the car was stolen from me! American dream is crap! Little man can’t get ahead!!! Prove me wrong?
Good job Rachel on giving him props for being drug free. I hope he really is able to work this out and have a blessed life! Definitely get the car back!
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $110k set aside to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession-influenced market, but to the best of my knowledge, it was through an F.A
financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $180k ROI, and this does not include capital gain.
Mind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Wendy Birkett” to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Unbelievable, Really there is no better feeling than coming across a similar name who has helped change ones family life financially, Yes i know her and honestly i can testify her strategy is amazing and truly worth giving the shot.
Well. His life can only go up from here.
Oh look ! Another fake call !
He's a truck driver with no overhead. I hope substances were his only problem because he's still bleeding cash
No way to go but up.
The only mistake he made was calling in.
All I keep hearing is that there's not enough repo men.... apparently not in Connecticut.
Oh, and he's an addict. SHOCKEER...... I say that as an alcoholic
No chance...he is fudging on everything he says.
Caller says "my question is....what is the best approach ". Approch to what? He doesnt say. Boring call.
He's a truck driver. But unemployed?
Truck driving jobs are easy to get. UPS is paying 6 figures for a driver.
😂😂😂😂 dumbest comment of year. Do you know how hard it is to get a job with UPS? Not to mention you have to live in a hiring area
@@Ron-j2m Not if you are already a truck driver.
TORD!!!
Cord
why do applaud the addict and you give shit always to the sober people trying
Jade: "you sound like you're in really good spirits given your circumstances"
Caller: "Thank you"
... that wasn't a compliment 😂
✝️
never heard that name before. whats the origin of that one? his parents drinking a lotta booze?
He commented his name is Cord, the producers got it wrong. I'd for sure be too embarassed to correct the hosts if I called in.
Sooooo...he’s destroyed his credit.
Did he say his addiction is to Kava?? 🤔
Sounds like a old man who giving up in life
Who the hell would name their kid Tord??? 😝
Someone who is of Nordic origin would. It's an old name, is not uncommon in that part of the world, and is very interesting. I believe it means "thunder". I suppose you think that Dianne is very interesting, right? Tord is better than Bob, that's for sure.
He commented his name is actually Cord, the producers got it wrong. I'd for sure be too embarassed to correct the hosts if I called in.
@@noahorr3480 ok. Thanks for that.
@@jasonmoquin chill out dude🤯
Turd??
LiT. Tord is my homie
WTH DRIVER.
dann, easy 500 a month
Hope he gets organized and wins with money and life.🙌🫡