Giving Financial Advice To A Homeless Person | Jake McCollum

what's up guys it's jake this is the 34th ever episode of the iced coffee hour and so far we've made 30 or they've made 32 766 dollars beautiful thank you man thank you it's a group effort to uh come up with that number yeah and jack does all the editing behind the scenes so oh man yeah good job on that it is we are so excited to have you on the podcast i've been watching your videos lately they're really good and uh super stoked to have you on both of us have in fact you came up on my youtube algorithm and immediately i'm like who are you and i was so intrigued by your editing your video style that you were in la and i'm like immediately i sent the video to jack and i'm like we gotta have you on because you have a really interesting story but you combine that with just just really cinematic look and just this ease of storytelling that you're really talented but you you have such a just intense past so would you mind telling us a little background on yourself and for anybody who's who's tuning in to you the first time just just some of your background and uh you're living in a car right now right yep yep i've been doing that since march 23rd of 2019 so a long time and uh yeah um dnf student in school right so same here welcome to the club yeah yeah i grew up you know i struggled with a lot of uh mental illnesses and uh that kind of led to eventually um going into drug use and so my drug use um got me to florida because i ended up having to go to rehab um for a couple times and so uh i ended up staying out there for like a year or so and then randomly one day i was like i'm not i'm not saving enough money i'm not making enough money and so i started looking up youtube videos about living in your car and i was fascinated by it the van lifers the car lifers and i was like i think i could do this you know and so one day i just packed up all my stuff which which wasn't much you know and i just went for it and i haven't looked back since pretty much why los angeles which is arguably like the most expensive housing anywhere in the united states it's one of the most expensive cities with the highest tax rate how do you decide that like la is where you want to be well i there's only really three places that i wanted to go florida i'd already been texas amazing tax no state tax whatever um in california but i procrastinated i procrastinated for so many different reasons um but eventually it just got to i kind of want to try to take my youtube channel to the next level and just do something sporadic that would maybe get more attention or something and uh that's pretty much the whole entire reason why i came over here so tell us a little bit about the car you're living in how were you able to make that work um so right before i came to california i was actually living in austin texas um i was having some neck issues because i was actually sleeping just in my front seat um i did that for the first year of living in my car and so i was like i kind of want to like build something in my car that's more comfortable and so i i got on facebook and uh found a group for austin texas new people and uh ended up meeting this guy and uh he helped me build build a bed in my car and so the whole entire uh passenger side of my car was is stripped out and then we built this platform that's a flat surface that i can lay memory foam on top of and sleep yeah that's really neat now do you tint your windows or how does how does this work so this is an ongoing thing on my channel uh where um people are always telling me yeah jake tint your windows or whatever and it's just kind of like a joke i honestly i don't know why but i don't care really i don't care if people watch you when you're sleeping i i guess not no i just it doesn't bother me like if someone's gonna look in my car or whatever like cool dude that's weird but like do your thing i guess you know but i guess i i'm thinking like if i were walking down the street and i see someone say like i would not watch them i wouldn't watch anybody sleeping in the car yeah i mean neither would i i mean people would i would be paranoid i'd think the same thing i'd be like i couldn't fall asleep just in case like i wake up like my biggest fear is waking up and there's someone like in the woods oh my god that would be terrible has that ever happened to you uh no no okay no what about cops do cops ever like approach you in your car or anything like that like if you've been parked anywhere for a while uh just a couple of times but they've always been like super cool about it you know um now mostly it's just like homeless people knocking on my window asking for money um and that's really it i really haven't had a lot of issues with as far as people you know and do you just pick like the nicest places to park since you can choose wherever you want to live i try i try to do my best here in l.a it's been kind of weird because like in texas i could have one or two spots and and be good here in california you kind of gotta move around a little bit um and so i do try to find the nice spots you know but sometimes there's security at the nice spot so it's always hit or miss now let's talk briefly about what you do for work now i've seen your channel postmates is one of the is it one of the main sources of income for you yes post mates ubereats and doordash okay are the primaries and then uh i'm just now beginning to make money on youtube so i'm gonna tell you right now pretty soon youtube is gonna pay you a lot of money i just i know how many subscribers do you have right now like 20. 25 25 no 24 5 but you doubled in the past couple of weeks yeah yeah it's like tripled and you will continue to triple now what about monetization do you have monetization turned on i do okay yeah how does that work with an address because youtube wanted youtube has to send you like like a pin to verify a physical address how did you do that po box uh no so i was actually living in texas at the time that i monetized my channel and so i was staying with one of my homeboys and uh i got it mailed to his house and i just i waited for it yeah you're about to blow up man like i'm happy we got you on the podcast now it's gonna be difficult to pull you i in six months i guarantee a year from now you will be an entirely different spot like you will be in a different position financially you are gonna be in just a different tier i know your channel is going to like blow up i really feel it i appreciate it yeah i mean i i don't see it right now i'm just having fun you know i didn't go into this intending to like do money i just liked picking up the camera and documenting my life you know pretty much but how much can i ask how much you're making right now from from postmates and ubereats and delivery like in an average day so i get pretty upset if i don't make like uh more than 100 a day okay um yeah yeah back back in texas i could make you know uh like 120 all the way up to 300 dollars a day but i'm a workaholic i will work from 8 am to 9 pm pretty much doing deliveries um recently ever since i got to california though youtube is kind of it's like a balance now i can do half and half and i'm not having to struggle as much with the deliveries to keep myself afloat you know yeah so right now what are you doing on deliveries like 70 bucks 60 or is it still 100 a day uh pretty right in the middle probably 50 to 100 bucks a day okay and how many hours does that typically take uh that's like a morning shift and a night shift you know those are my two primaries lunches always whatever what is it is it the tips are higher during breakfast and lunch yeah dinner yeah what's the most ridiculous thing that you've seen someone order where you're just like i can't believe they're paying seven dollars to get this like two dollar thing delivery or do you ever see any of this like absurd orders where you're you're picking up like some 500 item for somebody and like delivering it like what's the craziest thing you've seen uh i had to pick up uh some makeup from sephora one time that was that was fun um uh condoms a couple times no oh yeah how do you how do you order those uh i didn't know how do they do that like through what app uh that may have just been a texas thing there's this other company where you could essentially just have whatever you want delivered to you that's smart why doesn't la do that just random items like that i want something from rite aid people in la are done with their money you know for a fact an app like that would just go wild yeah great idea what about like just crazy items that you that you pick up what's the most expensive one that you've ever delivered uh so i got a 300 tip one time in florida near miami and but that was probably a 800 or 900 catering order oh catering yeah catering yeah what were you catering uh it's probably some italian food or something i don't i don't remember that's nuts yeah wow i bet it's gonna get to the period where like people will order something on one of those food service apps trying to get you to deliver it to them i bet that's gonna happen like you're gonna go on youtube to the point where people are just gonna shoot their shot and like try to get you to send them is there any way where people can request you specifically to deliver to them that's a good question i don't know for like the the big companies like uber and everything yeah there should be a way to like i want the same guy to bring my same stuff i don't want nobody else yeah you should be away yeah like customer loyalty that's good yeah um that'd be sick but then what would that mean for everyone else though like you gotta be quick with your deliveries and then people know they can rely on imagine a bidding system where like you would have a certain like bid in place and people could outbid to have you deliver the item that'd be sick wow that's neat okay so you do the food services and you do youtube is there any other stream of income that you have but first a quick word from our sponsor fundrise in 2021 a truly diversified portfolio needs more than the traditional mix of stocks bonds and mutual funds it needs private real estate studies have shown that portfolios with an allocation to private real estate generally delivered a better risk adjusted return with more annual income and lower volatility over the past two decades with fundrise this level of powerful diversification is now available to you fundrise provides access to diversified portfolios of private real estate to all investors with their industry-leading easy to use platform whether you're looking to add stable cash flow via dividends or prefer long-term growth through appreciation fundrise makes investing in private real estate as easy as investing in stocks bonds or mutual funds see for yourself how 130 000 investors have built a better portfolio with real estate it just takes a few minutes to get started go to fundrise.com iced coffee today that's fundrise f-u-n-d-r-i-s-e dot com iced coffee thanks so much and back to the podcast uh merch i do merch for the channel okay um i'm about to sell out of that though really yeah congratulations thank you yeah i mean there there weren't big orders i started with like a quantity of 30. those sold out pretty quick friend's family and then so i was like oh well i'll get another 50. and uh it's been several months that i've been working on that stack um and i'm just now finishing up that right now wow have you ever thought about doing patreon uh a lot of the subs have told me to do it but i don't know because i i don't know i put a lot of pride into every single video and editing and everything and i want everyone to see it you know i don't want to just put it on something i guess restrictive i don't know if that's the right word to use but um yeah i don't think i make enough content for that you know because it takes me a while to put out a video like this last the video that will go up tomorrow um i just spent all day yesterday and half of today editing the whole thing and so um and then i usually give myself a day break and then film again and so i don't know if i could do that but i've definitely thought about it isn't your time better spent right now filming and editing than it is spent doing like food services like that i would say so so you're making more per hour doing the the editing and stuff like that right um and i wanted to talk to you all about this because uh you know i recently had a video blow up that's at like half a mil and yeah i might is it okay if i say how much i might make oh we love that we were gonna ask that we're a financial channel so of course so i'm at like 3 700 right now a month at least that's what my a month on youtube 37 3 700 yes yeah a month um but you know before that it was like 300 a month and so i don't know if that actually will continue to be that every month maybe or you set a new base your new base is i bet you your new base is at least a thousand at least like 1500 at least so what's your total then per month right now because let's let's call it three thousand youtube what's your total right now for for food delivery uh a month you said yes sixty times thirty was it eighteen hundred so you're at forty eight hundred a month let's just say right now that's pretty good that's insanely good now i'll tell you my my thing is that uh i think some of the appeal so far for your videos is your unique situation and story i think the food delivery provides almost like a backdrop for content for you to film from the car i think is so different that people tune in to you because not only is your editing and storytelling really good but it's also just an interesting topic that people really just want to share it's so real and it's real and i'm worried like like it's it to grow that audience beyond let's say now a hundred thousand because that's i think your next big marker how can you capture that same audience while still retaining that like rawness of the video have you thought about that or are you just taking it like a day at a time i think the audience would love to see him like do be successful and like buy like you know or be more successful you know i've definitely thought about that a lot like if i do get to a point where i so to say made it i guess you know like where would i go from there would people still watch me yeah because uh you know i'm at a point where if like i i still feel like i'm struggling um and i think people engage with that and can relate to that you know so um i haven't really thought that through like you said i'm just taking it a day at a time right now so people will be happy to see you spending money on things that you enjoy and living a little bit more of a lavish lifestyle i would say i'm 95 certain of that yeah i know as a viewer i would be really happy to see that so let me ask you this because i'm almost thinking like if you were like at what point would you consider renting an apartment right this second it's not even a thought in my mind do you you like living in the car i mean is that your preference yes i absolutely yeah why is that i can go whenever i don't have to stay in one place i can go go wherever i can pretty much do do whatever you know i i don't feel trapped you know or enclosed somewhere um you know and i haven't quite figured out where i would settle down if i ever decided to like where would i get get a place you know yeah what about upgrading to like a sprinter van or something like that where you got some more space uh so the only reason i probably wouldn't do that is because um it's it's big i don't like driving anything bigger than a truck yeah so about the sprinter van you don't you wouldn't drive anything beyond a truck right now if i if i ever like got a girlfriend or met someone or something i think it'd probably be a good idea to do that but hopefully by that point if it ever happened um i wouldn't have to worry so much about deliveries and i could just do the van life thing you know that's what i was thinking for you i think van life would be ideal i think i think a combination honestly what about van life and scientists he's right he's very right he's he's right he's smiling this is what he advises to every single guest it's like this is your game this is you you every single episode you go so why not vegas like california and then you go over your vegas field and then it's like what about van life what is this he's right that's true i'm not going to say he's wrong he's very right that would be very true i think van life and side hustles you find just creative ways to make money living in a van traveling across the united states maybe go up to canada for a little bit but just find creative ways of making money like you know mike rowe with dirty jobs imagine if you were to document or try out just weird ways of making money like go go through louisiana and and you know fish for for crawfish or something like that or just different things i think would be really interesting yeah i don't i don't know how i feel about it i say just just do whatever you're passionate about i think that you're good enough at storytelling you're good enough at like all the cinematography and stuff like that do whatever you want to do and i think the viewers will appreciate that i feel like if he does like a dirty job disingenuous or something like that like go somewhere to clean up poop somewhere yeah yeah i don't know you've already been through it right like do you want to pick up poop and stuff like that i don't know i guess so yeah it wouldn't be a bad idea and make for a good video i'm going to poop at this famous spot right here or whatever you know um fair enough so yeah let's talk a little bit more about your living situation it's really interesting to me to live in a car where do you shower where do you shave how do you take care of all that stuff so usually it's planet fitness um you know that i have to pay 30 a month so i'm able to use any plant fitness um but obviously i can't do that here in california so i've been using the beach showers but when i first got here i was using pilots and i was putting a hole in my wallet because i was having to pay 15 every time i would go to pilot um like truck stop bathrooms um super nice though like high pressure really hot you get your own bathroom for like two hours and uh but yeah it wasn't free so and shaving and stuff you do that at the beach too uh i actually did that yesterday at a ralph's and uh in the bathroom yeah yeah it was a single-use bathroom and people kept knocking on the door and i was like i would come out and be like uh i'm actually shaving uh you said that to them yeah and uh i would be like you can go ahead on you can go in though and use the bathroom i'll just come back in when you're done and they're like okay that'd be funny like waiting outside the ralph's like bathroom with like shaving cream all over your face like a razor you know do they not see the employees not saying anything or they just as long as you're not causing any trouble then yeah no not never you know i every time i go into a ralph so i gotta ask for the bathroom code but they're actually they're usually like super cool about it you know do you use the same ralphs or do you do different ralphs different different routes okay wow kind of just depends where i'm working at the moment yeah would you feel comfortable then talking about your financials like where some of your money is going and if you are investing or what your plan is or how you plan to yeah uh so i've actually been listening to you for like three years no way are you serious yeah for sure no way i got youtube red just so i could hear you while i'm driving around yeah i had no idea yep there you go i'm blown away thank you man no problem um you've heard everything i have to say then please yeah um i i came here with the intention of you uh wanting to um what's the word i don't want to say be my but uh react critique critique critique me because i have uh no stocks like nothing like that um but uh oh yeah that's what i was gonna say i i drink starbucks every morning why it's under five dollars okay it's it's only three 250 to three dollars why because i i just get the pike with whole milk and that's hold on a second what about mcdonald's they're like 7-eleven they have coffee for like a dollar what's up with that points the starbucks points and then uh also people have been sending me starbucks gift cards which i guess mcdonald's have tasked gift cards too but they do uh starbucks is good if you have a gift card i don't think the rewards make it cheaper than a mcdonald's the only thing i think with starbucks is that what is it if you buy an espresso drink someone was telling me this like some crazy life hack you buy an espresso drink you can get a free refill on that it's or like you can get a free refill on like a certain thing i forget what it was someone will comment this in the description but it actually worked out to be a pretty good deal if you get this certain drink but mcdonald's has that but better my friend i don't know if they still have this or the exact numbers but back in high school my friend would have a mcdonald's coffee cup and he would drink from it and refill it and then clean it and like bring it home clean and everything and then bring it back to mcdonald's and get a refill for like 10 cents they don't reuse cups anymore because of everything going on but they will give you a new one if you bring in the cup or if you just yeah okay uh yeah oh yeah you show them the cup but they can't reuse the same cup for sanitary reasons so they'll just give you a new cup so 250 a day why why do that though is it just your thing every morning is just like something to look forward to the way i look at it is i'm paying for the convenience i guess it's easy just to put in the order on on your phone and then go pick it up and then get right back get get right to work you know so yeah not the end but what about 711 or mcdonald's would you go back to that if you didn't have the cards because i know it's like is one of the best deals yeah coffee like on the go if i have no other source of coffee 7-eleven is actually my go-to choice in the big thing circle k two yeah and they have all the creams and you just get free it's awesome so what i usually do is 7-eleven is get the big thing of coffee like this for like 70 cents you could take a whole bunch of creams and then you could usually just get a free cup of ice take the coffee let it cool down a little bit pour it over the iced iced coffee 70 cents good deal good deal great coffee you love it i'll have to look into that definitely something to research right there oh yeah so why have you not gotten your for free stocks from weeble also what's up you're not investing because i'm sure that you seem pretty frugal i mean you do live in your car right so like you're pretty wise with your spending at least it's not like out of control what are you doing with your money is it all just sitting in a chase i'm hoping it's a high yield savings account i'm hoping so uh i do have a savings account with a credit union and then um i have a checking account which is where most of my money is right now and um yeah i i have dabbled with weeble and uh robin hood but um i would always have to take the money back out to pay bills so i've played with it but i haven't gotten serious about it what kind of bills do you have uh i have all my bills on my phone can i can i let's see all right let's let me look can you screen record this it's great yeah absolutely cool this is all my bills all right so we've got one month car 300 a month what what is the 300 a month is that a loan yes what's your loan balance uh two grand not that much how much did you buy the car for when did you buy it thirteen seven thirteen thousand seven hundred right when did you buy it uh like four years ago you bought it used yes it's not bad how many miles you have on it well a lot like over i think 230 and you oh my gosh wow it's an acura though it's a honda so yeah they're going to last forever i mean you get that car for like 500 000 miles on it as long as you take care of it nuts all right what do you know your interest rate on that loan uh uh 12. oh wait i have it actually it better not be twice i took a screenshot it would be 12. i bet it would be 12. yep 12 percent oh no okay so my first speech my first piece of advice is take nearly all the youtube income and just pay down that loan because 12 interest that's going to be higher than you would make in the stock market or investing in anything so you want to pay off that car loan as fast as possible that's right there is your priority right now better paying that off than investing it yes that's smarter financial yes so in this 3 800 a month i would probably take a thousand of that let's say and knock out half of that car loan and then the next month take another thousand knock it off entirely be done with that carlo okay that then you're gonna free up 300 bucks a month okay sounds good but also i we probably should probably talk about my credit or okay and all of that yeah or how much uh i o and yeah which is kind of a big deal that i'm having to deal with right now okay that's what happened yeah uh so i had like i had really good credit at one point and i i had like four credit cards or something um you know journey capital one chase you name it whatever um and around that time is when i started using drugs and i ended up having to use well i chose to use those credit cards for like hotels motels and uh i racked up like 10 grand okay do you obviously done is it at least it's gotta be like 20 there's no way it's the credit card is under 20 right i have no idea okay uh do you know your credit score now have you paid them on time uh oh no they're in collections okay so for those not aware usually that means when you're more than 180 days late uh they go to a they get sold off to a third party collections agency now how recent was that years ago how many years do you know two maybe three years ago that's not bad yeah so you're at a 624 as it's it i mean it's that's better than i thought it would be better than i thought it would be yeah i thought he's gonna be in the 500s um so let's talk about the credit really quick because let's say this was two years ago the one option that some people take is that i'm just gonna let this go seven years i'm not gonna care about my credit i don't need to take out a loan so i'm just gonna wait the seven years and eventually it's gonna fall off my credit report so you have that option there uh the other option if you think within the next five years four years you might want to get another loan where you might want to get a mortgage or something or rent in apartments anything where they will require you to run your credit you have the option to take some of your money and then negotiate with the accounts and collections and you could say i owe 10 grand but i'll pay you right now i got three grand well you take three thousand dollars and in turn remove this from my credits from my credit report uh usually those debt collection agencies will buy like a hundred dollars worth of debt like a dollar and then they just go after you calling you incessantly and whatever they make above a dollar is their profit uh but they charge off so uh so many of these loans that for them if they collect one out of every 10 they're making money so you could go in knowing that for 10 000 of debt they probably paid i don't know like 600 bucks 500 bucks for that so anything more than that's their profit usually so you can negotiate with them and you could you could try and if you can't come to an agreement so be it but i would i would probably depending on how youtube does if youtube really takes off and you're like consistently making you know three four or five grand a month i would take a chunk of that and try to negotiate with them to remove that from your credit history i see and you get to always get it in writing too really important to get that in writing okay um would you suggest paying that off over time or because in my head i was like i'm just gonna keep hustling or whatever and make try and save up 10 grand and then just pay it off all at once if they're in collections they bought that for way less than 10 you don't need to pay them 10. you could probably end up just throwing it you could probably pay them like three maybe less start with less say you have two so you have two grand well you take two to erase this and they'll be like no we can't we need all ten okay i might be able to get like 22 23. negotiate with them have them come back have them come back in writing and say for three thousand dollars we will get rid of all of this debt we will take this in consideration of all the debt that you have and we'll remove this from your report in collections okay but get that in writing so it's up to you i mean the other alternative like i said is waiting five years and it will go off your credit report wow five years yeah okay i think if youtube does well it's worth it let that be in the past pay it off not entirely negotiate with that but let that be in the past and and improve your credit okay yeah that sounds good but yeah if it were something current i would say you could do a balance transfer to a zero percent interest credit card but in collections unfortunately can't do that okay so but besides the accountant collection nothing else on credit cards you pay that off in full um no i don't think so okay just make sure it's just make sure auto so automatically when the bill is due just take it from your checking account okay well i'd have to do that in the future right because like right now my apps don't even like register because all of the dep is in collections yeah so this would be so not for the a collections account but for any new debt that you have on the credit card or on a future credit card just anything you pay with credit cards right now no it's all checking yeah okay okay so you'll probably i would recommend at this point you could probably sign up for a discover it's secured card it's one of my favorite cards i i think for for your credit score your situation what you would do get a discover it secured card just go and apply for it you'll put down a 300 uh deposit they'll give you back a 300 credit line all you need to do on that credit card is just put your starbucks on the card every day and then pay it off every week just whatever the balance is pay it off in full but just put the starbucks on the credit card and do that for five six months okay that's gonna dramatically help your credit score discover it's secure guys say right after this go and apply for it 300 deposit and i'll say two years from now you'll look back and you'll be so happy you did that awesome i'll do it at least yeah of course and what are your other monthly let's see i saw car insurance but first a quick word from our sponsor ladder life insurance i remember when i bought a weekly call option on tesla and made like 400 in two days it was absolutely amazing that experience reminded me of how beautiful life really is and that it should be protected on that note it makes sense why people get life insurance especially long-term coverage which is surprisingly affordable why not pay a little bit each month to protect the ones that you love if you're asking yourself this question choose ladder ladder makes it impressively fast and easy to get covered you just need a few minutes a phone or a laptop to apply latter's smart algorithms work in real time so you'll find out instantly if you're approved there are no hidden fees and you can cancel any time and since life insurance costs more as you age now's the best time to cross it off your list so check out ladder today to see if you're instantly approved go to ladderlife.com iced coffee that's ladd er life dot com slash iced coffee ladderlife.com iced coffee thank you so much and back to the podcast yeah car insurance 180. that's not bad i would say for the amount of driving you do how many how many miles would you say you drive every every month ooh every month uh 3 000 a month on uh full work days i can drive 120 miles wow so i mean maybe let's say 75 times 30 for uh how much i drive a month miles wise wow okay so decent amount i'd say good car insurance gas 600 that's exactly what i would expect yeah uh oil change 60 that's not terrible okay so phone one 115 what do you have for your phone why is that so high uh a t and i'm making poem payments on this phone right here so uh okay all right so that makes sense um and then itunes 16 music for when i'm driving around youtube to listen to graham while i'm playing that's fine uh planet fitness 30. um rent is free okay uh insurance like it's like this weird health insurance i have that uh i pay 20 a month and i get back after the whole entire payment is complete but i forget how much uh i pay until yeah it's done but uh food 500 maybe yeah wait but the reason why is it it's hard for you to cook food like you can't necessarily cook food at home what do you eat uh so if i do eat in the morning it's like a nutri grain bar or something protein something you know um every once in a while i like to go to or i'll go and get a bacon egg and cheese from either egg or mcdonald's or something and then lunch i try to keep it healthy and cheap like i'll go to ralph's and go to like the deli section and either like get a sandwich or uh some pasta or something that's usually under five dollars and like a banana or something you know so i think that's that's one thing with having like a refrigerator and an oven you could probably get that food bill from 500 to 200. so there's 300 bucks extra that you're paying as a premium for really not having to do your own cooking right but the good thing is of your hundred and seventy dollar total budget every month a lot of that's a business expense the interest you on the car that's a write-off for you car insurance is a write-off gas is a write-off oil change write-off phone write-off um nearly everything is a write-off for you so for 1870 you got to think too that's expensive for living in your car 1870 but i think a lot of that too is just gas yeah yeah so it's it's uh it's definitely something where it's it's higher than what i would like to to see but uh honestly i think the car payment just pay that you're only two grand away so that'll bring it down 300 bucks and it'll be at uh you'll be at 1500. 1500 is a good goal to be at yeah try to get it around 15. okay and how much do you have in savings right now uh like 2200 like two two grand okay so i would say i mean i would almost just take the dave ramsey approach with this is save up six months worth of expenses so 1500 times six so what what 7 500 or no no 9 000 9 000 bucks is it really yeah fifteen hundred times six no it's not fifteen hundred why why can't i math right now i i'm leaving a second i'm leaving this in nine thousand it is nine thousand why don't i know that i i can't do basic math so nine thousand i would put and save nine thousand dollars in a high interest savings account um do you know what your credit union is offering uh i don't think so okay my recommendation would be ally bank go get ally bank that would be my recommendation um you'll earn like half a percent in interest i mean it's not going to be a lot or you got a bank uh would you want me to move what's in my savings right now and put that in there or just completely start oh you know what you can't do that because yada doesn't have the checking feature right now so i would say for you given your situation right now a yada will eventually come out with the checking feature so for i don't want to tell you put your money in there and then you can't pay bills with it um it's coming soon guys but until then i'd say probably ally bank would be a better choice because you would have access to a totally free checking account totally free savings account you can set up everything on automatic bill pay they'll give you free checks free debit card and that would probably set you up i'd say fairly well i'm sure the credit union's good but you might be able to do a little better with ally okay once you get i would say past 9000 once you get collections taken care of i'd say at that point you could start investing but then i'm also thinking like in terms of investments your best investment might just be in getting better equipment just like um maybe maybe adding a different camera angle or editing software a faster computer like something like that might get you a much higher roi than i think a traditional investment i've been thinking about that i do need another computer it takes me forever to make the videos i do you know um yeah where do you charge your your equipment and stuff like that i have this like little um cigarette adapter that plugs into my car and then um you can just put outlets into it pretty much but i've been looking into getting uh like something apart side from the car just so i am not using the car's battery as often but it's weird because i find things on amazon but i can't have it sent to my p.o box because of battery acid stuff like that um and then when i go to these like electronic stores what they have is crap compared to what's online pretty much to get the best bargain so i'm trying to figure that out right now as far as charging my stuff goes but do you ever run out of the car battery because i did that once before uh with you plugged in the computer and the battery ran out uh not very not very often um i always get warranties on my batteries just recently probably a couple weeks ago i had to change the battery but it was cheap so nice that's funny they probably don't think that you're living in your car when they're selling you the batteries no probably not until they see the passenger seat it's not like geez no but um so i want to know if you were making five thousand dollars a month pretty consistently with youtube and all all your like income sources do you think that you would want to live in a house or an apartment or would you continue living in your car i would definitely continue living in my car as of right this second when i'm still enjoying it i'm not really sure when when i'll ever decide to get a place you know so even if given the opportunity to live elsewhere you would prefer to live in your car right why why do you think that is was there something that happened that that you didn't want to feel trapped because i i do see your point of view of just the freedom of not having stuff and just being able to pick up and go anywhere you want to i mean that's that's got to be just so liberating that very few people have that but i also like coming like having your spot that you come back to every day yeah i mean that that's pretty much me every time i get in my car yeah it doesn't really matter where i'm at you know um have you always been like that uh that's that's a good question not yeah i mean i'm super i guess you could say like introverted and so i've i there's always some sort of safe spot for me you know that i like to go to where i can just breathe and relax and um i guess that that used to be a friend's house or my parents when i used to live with them but i guess now it's just my car and it just doesn't really depend where i'm parked but got it speaking of your parents uh do you feel comfortable talking about just your relationship with them do they worry about you living in the car what's i think at first they did yeah but they're so used to it now and they see what i'm doing like with with the channel and uh i think it makes a little bit more sense to them now than it did when i first started uh so you know i'm sure they have you know the parent warning you know uh what's it called worries worries um but i think they see what i'm trying to do and and they're okay with it what did you think you were gonna be doing like 10 years ago did you have a like like a goal or did you want to be like a something out like a doctor or anything or yeah psychiatrist really yeah or some sort of therapist okay and why didn't you pursue that uh college wasn't my thing i guess but um also um when i enrolled in you know when cats just anything that's on a table they just yeah what was the need like ramsay no need to push it so far yeah he doesn't like anything on the table that's within his vicinity so he'll just be like if it's in his bubble he's got to get rid of it it's all done and then he could rest there yeah i mean uh as soon as i graduated high school is when my drug use started so my first semester in college was was used or was spent using using drugs and so and then i've been in and out of college pretty much ever since then um but i don't know i just it was never my thing i always tried to invent ideas in my own head to make money pretty much would you mind talking a little bit more about the the drug use and maybe how that's impacted you and your perspective now how did that get yeah how did that get started uh pretty much um like one of my closest friends in the world had been dealing with it for a long time and um you know i was hanging around him a while while he while he was doing it and so it eventually became uh normalized to me as if like us or you know californians see uh marijuana or whatever like they see it they don't think anything of it i guess that's how um my drug of choice was for for me um and so one night i was just at his place and i saw and was like oh well let me try it and uh yeah downhill from there like an immediate connection to the drug like did it immediately stimulate you and make you want more of it or was it just kind of like usage over time like you said you were kind of um you became accustomed to it and it wasn't that big of a deal for you so like maybe you thought oh a little here and there won't hurt and then that over time started making you develop a reliance on it that's definitely how how it started in the beginning like um a lot of people say just one hit or whatever that i mean that that is the case for some people but for me it took it took us like a month or so you know to be like i actually like this um but i think i i kept pursuing it because i was already dealing with mental illness issues it helped with my anxiety it helped with my depression you know the dopamine levels that you get off of off of it just are through the roof and so i was like i feel like the a better version of myself you know and uh that's pretty much why i continued to use it for eight years you know how did you wean yourself off of that um a lot of uh i think the most important thing for me is just uh friends and family good there's support i'm always having someone to talk to having some sort of you know support group that you can call every single day i'm struggling with this or i'm struggling with that today um that's probably been the the biggest thing for me going to rehab three times definitely helped too uh just by meeting people and uh learning new methods as to stay sober yeah what now what what happened after the first two times that you were there that didn't quite click as the third time so the first time it was uh almost kind of against my will like i was uh my drug dealer was actually the one who told me i needed a rehab wow so uh he got me it was it was spur at the moment he was like just one day hey i got you a flight to miami you're going to to rehab and i was like what and i just found myself on a plane got through the 45 days of rehab and then uh came back home flew back home and immediately relapsed because i wasn't ready you know um and so i went through a second time i actually drove my car um across the country um after i got back home after relapsing because i realized oh i just wasted 45 days of my life um just to come back home and relapse and so i gathered all all my stuff and went back to the rehab and uh did another 45 days and after that i stayed in like halfway houses and really tried to get my my crap together in florida um and it got to a point where a couple months go by and i'm like i think i'm i'm cured or whatever and uh and so i go back home no still wasn't time to go back home and uh yeah it was a repetitive cycle for like a year a year or two you know i have a couple questions um so you went and you relapsed after you went to the rehab place for the first time when you relapsed did that same drug dealer that send you there give you like the new drugs for you to relapse uh no i don't think he did yes okay because that confused me i was like why would anyone do that and also you say like cured like this do you it seems like you have something to say about i don't think anybody's ever cured my that's my understanding right yeah you can't so what's your take on that you think that if you go through it once then it's something it's a constant battle throughout your life and you don't think that you'll be able to you know unattach yourself from that there's a lot of different uh ways to to think about that but um i would just say it's uh definitely something that is in the back of my head for it that i feel like it's going to have an like an everlasting effect on me i don't know if that makes sense but yeah it does and how has your usage of that drug changed your perspective now do you think that all although obviously i'm sure that that that period of time in your life is really difficult and terrible um now do you think that you have like an elevated uh perspective on life and stuff like that because of you know that usage and then maybe the hard times that followed do you think that that's changed your perspective now for the good absolutely yeah i see people differently um you know i think it it really even changed my my personality a lot um in what way um you know i was just like a really shy like way over insecure type of person before using drugs and drugs put me in a lot of situations where i couldn't be that way i completely had to change my perspective on how i acted and everything and so going through those tough times absolutely has kind of shaped me into the person i am today you know like even being here right now you know like this is this is pretty mind-blowing i don't know if i would have done something like this if i hadn't have gone through my my hardships prior you know probably be at home or something at my parents house just like in in the corner or something depressed so that's that's interesting you're definitely going to go far on youtube i really feel guys sub to his channel i know please for the love of god we're putting it we're putting in the description link down below sub to jake's channel all right show them some love okay sub to this channel it's way too high yeah 66 percent yeah so chances are uh we're talking to somebody who is yet to subscribe on the channel yeah statistics please guys we're trying to get 100 000. we need to get a 100k i need i really want to play i know julia jeff wants the plaque so guys just even if you're just just just subscribe thank you subscribe to jack finally get his silver play button so much the first one's a hundred right a thousand hundred that would be really cool yeah oh yeah can i see your youtube analytics can we can we see it all right can you do you mind screen recording it yeah cool i do have one more quick question though about our last subject um do you think that you cannot help someone who doesn't want to be helped or do you think that you can it's just small chances small chances so it's still possible you think uh yeah i think it's still possible i would just say that don't ever stop being supportive if someone's out there struggling and you know they they have no means of stopping it's still it's still good for that person to know that there's someone that they can reach out to regardless of what they're going through it's a piece of advice is it ever good to get like tough love in the sense of like you gotta cut somebody out absolutely at what point do you resort to that um i just recently had someone reach out to me and and they were like my son is is struggling um i keep giving him money for for food and everything and i'm like he's not he's probably not using that money for food you know and those are always a really tough uh conversations but i would just say just you can't give in you can't continue to give an addict money you know um yeah but you never know what the what the background story is and so it's always so you think it depends on the situation you shouldn't enable but you should support what emotionally or with your time be there i think that makes sense yeah so let's see okay yeah so we're almost at 25 000 subscribers can i uh do you mind if i see yeah okay let me see i want to see this we got a 4 out of 10 nice i just want to go to analytics wow look at this getting a little push consistent wow that's the algorithm very consistent oh man look at that you see those little pushes and on on an upward trend oh no this is it this is the video that i got pushed my first week living in los angeles california working ubereats postmaster dash that was the video yep that was that was what got pushed for me do you have any questions for us uh what can we do for you uh am i allowed to talk about um anything kevin and grant cardone the flower gosh anything anything you want and uh whatever i can't talk about we want to talk about it okay that was uh that was super fun shout out me kevin kevin what's up man how's it going yeah i made one of my christmases one to remember definitely because uh he uh me and like half a dozen or a dozen people went to do the flower operations were there i have a video for it that got taken taken down you were one of the elves yeah oh wow no way have you talked to kevin no kevin is the one who got me out of the situation i can send that to him right now he got you out of what situation uh grass subpoenaed me in sued kevin and kevin got me out of the subpoena have you been speaking to him recently uh he shouted me out on his channel like a week ago wow yeah i love kevin um what what doesn't kevin have done every person we bring on here they've already had past experiences with kevin we're like how did you get to everything for us man wow that blows my mind this is like two years ago too this is wow how did you meet him uh kevin just posted something on his social media and instagram yeah looking for elves in florida so what happened with that so how did grant get your information to subpoena how did that happen i have no idea about that i received a letter and it's i just took a picture of it and sent it to kevin and kevin pretty much made it magically go away for me so yeah so chances are kevin has a lawyer who's who he's paid a big deposit to who's handling anything for him right now and uh knowing kevin he would gladly pay out of pocket uh for any any attorney just to make sure everything's okay good for him wow yep can't say enough good things about kevin every podcast he's a missing one it's like we're talking about kevin in every single i don't get it [Laughter] jeez all right wow uh let me see what else he's a saint he is insane he is he's surprising me every day he's not he's not even here no that's pretty much it okay so we naturally covered most of the things we wanted to talk about yeah yeah i think i'm most excited just to see your journey i am really excited just to see where you're going to be five years from now because i know with your storytelling through editing with your video you're really talented um and if the very few people i say that about when it when especially when it comes to like youtube video um erack was another one where yeah you just knew yeah you met him it's like instantly he's gonna do it and he did uh and i had without no doubts in my mind he's gonna hit a million subscribers yeah by the end and he did no doubt in my mind he did i have no doubt in my mind that uh i know you're gonna hit a hundred thousand i know you're gonna do youtube full-time uh i think you could do a million uh i don't know when but i'm fairly confident that would happen as long as you just consistently make content and vlogs and what's your current posting schedule right now twice a week yeah okay yeah about twice a week i'm wondering you get it three times a week if your your channel's just gonna blow up are you ever worried about bringing each video up a notch and making the next one better than the previous one oh i'm constantly thinking about that i think that's a smart thing to be considering yeah so you always have that forwards momentum i also want to know like what's your game plan have do you think about like the next five years the next 10 years where would you like to see yourself in the next five years because is it living in a car still uh five years from now i'm not sure um i've actually always wanted to get into investing in in real estate um two of my closest friends back home are our realtors and and they're kind of they've kind of got their own llc doing doing their thing over there and um yeah i mean pretty much my my whole entire plan this whole time has been save as much money as possible and put it back in into real estate but other than that i it yeah it's f it's funny you won't live in real estate but you will buy it yeah you want nothing nothing to worry about yeah yeah yeah you can't even i mean you're just taking house hacking to an extreme by just not living in that house i would literally get a house and then just rent it out and continue living in my car what about a tent like in the backyard or like you rent the house but you're like hey i just want to camp in the backyard no temperature control gotcha wow that's fantastic well listen for real estate your credit is going to be the biggest thing credit and income you'll have the income set you're saving most of it i honestly think two years from now you'll be you'll be making over a hundred thousand a year i really believe it um you just keep making youtube videos and i think you'll consistently you'll start getting like 50 60 70 000 views per video consistently you'll you'll make over 100 grand yeah um and march for me has always been a very low profit margin business and it's just it's a lot of hassle to sell merch um you might want to look into a patreon um some sort of just alternative community where people who want to support you can doesn't mean you're going to have to hold back content from people but even if it just means you throw a thank you at the end of the video or you list their name in the description or something like that for like 10 bucks a month so many people would want to support you and just see you on the come up so i think that would be a good idea i think i i would do a patreon because that would at least bring in another 500 bucks a month okay i'll look into it and consider some ideas consider it um what other income sources do you think we can we could think of here i just i think that patreon is the smartest way to go yeah patreon yeah because it would really like consolidate a lot of your work to just like filming and editing oh i got it i'd say when you hit five hundred thousand you could begin teaching people how to how to uh edit like editing [Music] they had the uh the art of storytelling um you could you could come out with something of of just vlogging the art of vlogging or the art of cinematography or something like this like imagine something if casey neistat came out with the chorus oh he'd make some oh man i guarantee he'd probably make like five ten million bucks yeah just creating a course on how to vlog sell for 99 bucks he would be 10 million yeah so you could look and do i think education is always going to be such a big uh place and for opportunity and not only would you be providing value to other people but they would be paying you right so realistically i think right now if you wanted to just increase your income i would say just stop doing the doordash and stuff like that and instead do a patreon because realistically i'm sure that you could easily make you know 1500 a month from patreon i think it's very very like reasonable and also i think the good part is you wouldn't have to worry about that whole like new aspect of your life of uh like um going out and delivering food and stuff like that you just worry about filming getting content and that's just on your mind you don't have to worry about unless you just deliver it almost as like a part of a story as part of a narrative of something like a schedule that you do every day where you just even if you just deliver mornings or just evenings and you can make make something of that and intertwine that with your story i think would be really interesting right that's pretty much what i've been doing lately it's like just create a story film and then at the end of the night run a couple of deliveries or whatever yeah um but yeah so as far as patreon goes if y'all think that that's a good idea how how exactly does does that work i'm sure a lot of people are actually curious about this as well like um normal upload schedule for youtube and then just try and bust out another video patreon would be like behind the scenes if you're making a full-on youtube video i'd say just post it on youtube patreon will be behind the scenes stuff stuff that you don't want to post on youtube maybe to you know to ruin the algorithm but like extra exciting footage that yeah i'm sure you cut out a lot of stuff maybe just all the cutout footage that you're not going to use you put it up on patreon or it could be as simple as you're just you're paying 10 a month you're supporting my channel and in return your name is going to be in the description yeah you can do stuff like stuff like that or at the end of the video you'll have a credits thank you for my patreon supporters and you put a credits wow and then like every few videos you just add on to it something like that okay yeah and and what you could even do is do a a random shout out like once a video uh randomly shout out the socials of one of your patreon members you'll be like hey today it came up like uh john what's up john here it is thanks so much and something like that i think just people like that but no nobody's really paying ten dollars a month because you're like we need a content we need they're doing because they want to support you so i think that's the most important thing is that people who want to support you like that have a means too okay do you want to be a youtube creator for the rest of your life like is that where you see yourself um hmm i'm not sure right this second like i can see myself doing it for a long time but i don't know if i could see see myself doing it forever you know um eventually i would just like to rent out a whole bunch of of houses and just chill i think um but yeah the main reason why i started the channel in the in the first place was just to pretty much document my life i'm just doing it more often now i'm putting it on youtube for the world to see so uh i don't know we'll have to see what comes about life pretty much right and we've also given you plenty of unsolicited advice can you give us some advice and we're easily offended by the way so just very easily yeah uh i mean as far as anything i mean i guess i've never heard graham talk much about uh you know maybe some of the uh things that go on in the in the background or behind the scenes maybe i'm sure people would love to hear about maybe some of the the struggles that happen behind the scenes or something like that that's different i've never been offered uh that piece of advice but that's a good that's a good point i i have not that's good do you want to talk about any of that graham probably not now probably um yeah no i definitely try to keep just very business focused on the main channel like i've had such a format for all of it and this is like the most relaxed tend to be for youtube but maybe it's some so you're saying he should be more vulnerable is basically what you're saying yeah it's better worded vulnerable a little more transparent yeah i'm worried that like where do i post it on the main channel i know i'm gonna i know like i'm gonna get some really great supporters on there but i'm gonna get a lot of people like oh don't post it on the main channel no i know but like but even the second channel the podcast man podcast this is where we talk about anything this is not where we are confined to finance this is about everything confronting graham stefan yes that's good that's fair that's that's fair okay all right that's that's a good piece of advice i definitely think that that would also be good for branding as well you know because people get to know you a little bit more all right graham's just uncomfortable he's like all right what's next what's next talk about no because there's some stuff it's just like you you don't want to air out your dirty laundry like you don't want to be talking about some of the stuff that you know i also i think for a lot of people if you aren't super transparent people see that and then they make assumptions and oftentimes their assumptions are worse than the actual truth yeah so that's why i like to try to be pretty transparent with things because the things i'm scared about people knowing you know what they could be thinking could be 10 times worse you know my favorite quote from you is uh i don't really talk to girls that's graham likes that quote yeah we were thinking about making merch where it just says i don't really talk to girls on it is that what you said i could see like jack manley wearing that shirt yeah he would do so well with that imagine jack manley goes to like bourbon street with like i don't really talk to girls that would be cool what's the story behind that all right jack i don't even remember this honestly i think i tried to block it from my memory uh oh the the quote that i don't really talk to yes how was that i don't even know who the guest was i don't remember the guest i just oh kong was it kong was it kong i don't know i don't know i don't know who it was we had someone on the podcast jack was going through his his online profile and something if someone will find it and point it down in the description no a lot of guys they uh they don't like when girls are being presumptuous when they try to be nice even if they're flirting yeah have you exp experienced that i haven't but maybe i'm just i don't really talk to girls i don't know people just in the comments i remember them liking that comment yeah that was a wild episode sometimes these episodes get a little out of hand yeah i think the top comment was um i don't really talk to girls and then the response to that was like this hits home our viewers relate this hit's too close to home we're like yeah we appreciate the advice i think i think uh we'll look into that a little bit perfect yeah i i will next episode guys if you want to see the next just subscribe yeah i'll be more vulnerable the next one well thank you so much man really appreciate it kevin texted me back he says uh love this guy elf attack will go down in infamy huge thank you to jake enjoy the podcast well so that's kevin stephen two of my favorite youtubers is tantra three with jack this is crazy oh man you really appreciate it thank you it's been amazing it was awesome meeting you we wish you the best of luck please subscribe to jake everyone and uh yeah yeah oh make sure to get your four free stocks down below in the description you can also sign up for yada bank you'll get a hundred entries into the next drawing where you could earn up to 10 million dollars you may as well just do it um because it's it's free it doesn't cost you anything uh weeble's 100 but you get four free stocks and uh with that said guys uh yeah until next time 66 hit that subscribe button and like button thanks until next time go on what's up i'm jake and this is the 34th ever 34th ever episode of the iced coffee hour so far the podcast is made two thousand the most the only things you need is what's up i'm jake 34th ever you need to ever and then uh 32 000. what's up guys it's jake and this is the 34th episode of the hour coffee what's up guys it's jake and this is the 34th ever episode of the iced coffee hour iced coffee my oh that's your phone's iced coffee hour okay what's up guys it's jake and this is the 34th ever ever