“This Keeps 99% Of People Broke!” How To Get Rich - Caleb Hammer

this thing is going to come crumbling down that's what I've said q q why didn't you hire me you could have hired me a year and a half ago wow I wanted his job do not Finance your furniture Caleb absolutely Finance your furniture sometimes no you don't do that how would you bring it in per month on YouTube all right Mr Caleb Hammer you said something about1 15 million what was that okay all right we're getting right into it well I just feel like that when you're all right yeah you're hitting strong yep let's hear about it $15 million I feel like if you have $15 million in stocks and you withdraw 4% which I know 3% is more longevity better but 4% was the quick math $5 million in the stock market $50,000 a month that's $50,000 a month yeah it's $50,000 a month I feel like that's an amaz if you're in a very good income situation of which I've become absolutely blessed to be be in because I have the most amazing audience in the world it's like if I'm like 115th of the way there if someday I get there I feel like that's incredible cuz how can you even spend $50,000 a month I have no idea you'll find a way in Texas you'll find a way it's a bigger house bigger property taxes aquariums it's a Tesla there a lot of ways to spend it goes fast I just feel like it's it's like the ultimate goal the ultimate goal you were saying something Graham where you're like yeah you're saying 15 now but at some point in the future sure yes I think once you build up to the point where you get to 15 you're going to say 20 because what if your Stock's half in value now that 15 turns into seven and a half what if your 15 happens during the peak of a bull run and then you say all right I got my 15 I'm done you lose 50% like that now you're down to seven and a half and then you think well now I got to go back to work I just think if you were given 15 million today and snap of the Hat done you might treat a little differently than if you accumulate 15 million over let's just say a decade I will say I'm very competitive with myself so I'm sure if for some reason I ever get there which is still just crazy that okay sure I'd be competitive with myself I'd probably want to do more and stuff like that but 15 just sounds like such a milestone that is slightly beyond what I think is possible that it's something to just shoot the moon for sure yeah and have you mapped out at your current trajectory how long that's going to take you if things continue at the same path which we're going to get into very shortly yeah how long no I haven't because I refuse to believe that I there's something in the back of my head every single day that this thing is going to come crumbling down that's what I've said I've told Jack since the very beginning like this is the last month Jack how often have I said that this is the last like every time we meet basically Jack it's over I have such a big fear and anxiety around okay so I have the show and the show's primary goal is to educate the people Financial a educate the people on the show and that educate the audience as well and I'd be okay doing that only bringing in a tenth of what's bringing in i' would still love to do that it's absolutely good because I could still sustain myself and stuff well maybe not in the new house but you know liquidate that move into like a place that I was at before and that'd be totally fine I just have a fear anxiety man we just live in this age where like anything online can happen one random person gets angry at you for yell I'm someone who yells on my show it happens I like the yelling though $462 of purchases what are we doing do it in the future well it's also just my personality it's part of the show it's my personality but I yell at someone just the wrong way then boom I'm the most evil person that's ever been created on the history of the planet and it's time for Caleb Hammer's overp party and it's just like okay I feel like that's always a preparation yeah but how much of a service is it providing for you to constantly be worried and anxious about something but it's in the back of my head at all times it's like cuz anyone can do anything anyone can spread anything this is the internet's just a weird place where people don't care about other people's feelings because someone's behind a camera they're all of a sudden a person that no longer exists they are not just a normal person anymore it's weird but see you can't control that you could only control yourself and so when you can control yourself you can control what you do with those emotions what you do with your time what you choose to focus on and if you're focused on that or focused on the things that bring you anxiety we're talking about you feeling trapped when we were filming for your episode of you feeling like you're not in control and I think at a certain points I'm very much the same way I like being in control of things you just have to let it go I've been getting better at that too uh I've been very Hands-On with everything I've done but there is a sense of relief that comes with I can't control it nothing I could do let the anxiety go yeah it's it's fair enough which is we've we've all seen people on Twitter just just go wild and just follow down any rabbit hole and so I think that's just always just in the back of my head cuz I never expected to be in this position I hardly want to be in this position I know someone's going to say okay but making a ton of money sure that's great but you know I have to say your come up has been faster than just about any other Finance channel that I've seen right yeah in finance I don't think there's anyone that's gone from like relatively unheard of a year ago to where you are today when I'm posting hey I'm in Austin who should we do a podcast with it was Joe Rogan was number one you were the second and I'm not sure if that's just because their audiences overlap which I have a feeling is a lot of it but there's so many people that said Caleb the fact that you went from almost nothing a year ago to that today really says a lot about what you're doing and I think that's a lot for people to handle coming up with such a consistent schedule like you do and growing at that speed people have just been so cool and so supportive it's been really cool well I mean I was telling you off camera and I'll tell you now I don't think it's any thing that a YouTuber should say but I like being open and transparent sure and I was telling you this off camera I actually don't really like being a YouTuber I really don't I feel like it's a lot of kids' dreams but I don't it gives me panic attacks almost on a daily basis at night I go to bed with panic attacks I wake up with panic attacks it's just so much stress there's so much I like the interaction so every once in a while um I'll you know run into someone on the street they're like oh Caleb Hammer stuff like that that's cool that's a positive good interaction but even that I'm like nervous in some specific instances like what if I just went out in my pajamas that day and then all of a sudden like you know someone recognizes me and it's just like a bad just a bad present I love when I'm dressed like crap and I'm at Target and I'm doing the ultimate D I'm doing the ultimate sin which is wearing socks with sandals and I do that I just dress horrible I'm walking in someone's like Graham I'm like yeah and I'm shopping at the cheap part of Target like the clearance section it's not it's a it's it's what you would expect if you see me in person I'm usually dressed pretty bad just wearing just you know free clothing I love running the business side of things I love running business you know my dad's a business owner my grandpa had a small business my Grandma had a corner shop I think that just runs in my blood love working with the employees that I've brought on full-time love that I hate how public this job is I hate it but you're good at it you're great on camera so that's why that 15 exists if I ever got that I think if I hit that number I think all of a sudden no one would ever hear from me again I would disagree I would disagree with that I think you're too good at what you do and the demand is there and enough people have an interest in your content I think you could take it so many places yeah I think the thing that gives me the panic attacks the most is just the wide audience so such a big number now people rely on me I have two people who they rely on me to pay their rent they rely on me to pay their bills and then I've you know taken on bills of my own and then also I mean there can be people who disagree with how the way I do the show you know maybe they wouldn't get financial help being in the seat right you know maybe it's not for them but then it's like character assassinations and stuff like that things that people they just they go to this extent and say you're someone completely different than you are and that gets under my skin with me where they think I have negative intentions because I might raise my voice every once a while I'm betting that you're going to get over it eventually I don't know how soon or how late it will be but I think that right now you're so focused and you say that all of your anxiety comes from this wide audience that you have no I think it just comes from an underlying condition of being an anxious person definitely and once you solve that having a wide audience and people that complain about you online and make hate videos and stuff like that like that's not going to affect you about complaints I don't care about complaints or hate videos specifically it's when people character assassinate that's what I don't like when they turn you into all your anxiety to this up here when actually it's just this underlying condition of being an anxious person right yeah and eventually you're going to solve this which is going to solve all these auxiliary things a great book The subtle art of not giving a great book I recomend I I have okay I read that a couple months ago it's good yeah it's an audio book by the way for free I think on YouTube so you can just listen to it the book is actually better because I feel like you internalize it more a great book i' recommend that this feels like a Caleb Hammer vent session so far we'll get more into the venting yeah but the reason about one more thing you is it in and out no okay go ahead it's not it's you you why didn't you hire me you could have hired me a year and a half ago I wanted a job what was the job for I don't know any job this was to do Jack's laundry was it actually yes anything I would have done anything I wanted a change in job I had enough saved up I would fine so here's what happened uh two and a half years ago give or take this was Alex's position yep yeah we Caleb was right there so we asked our audience to submit a video on YouTube Just title it Graham Stefan interview and in the interview we want you to share why you think that we should hire you and we look through all the videos we probably got a 100 submissions we're sending submission but Caleb I think you you were saying you wanted you wanted to make one of those videos but you decided against it and instead you went with a Financial audit approach because you're going to film a video well yeah you already hired him so like a year and a half ago and I was just done I got turned down by another YouTuber and stuff and then I was like damn but I want to work in the YouTube space and like you know uh watch you forever try to get in your DMs no looks no I totally get no I get a trillion DMS a day now so I I get not being able to look at them so it makes sense and then you also did not look uh I don't check him Alex also did not look but I I I scored a one-on-one with him I paid for a one-onone with him and I talked to him and I was like okay can I get a job for like Z like I'll come work for free cuz I just want to work in the YouTube space yeah um and the answer was no and that was totally fine but I was like you know I'm going to show that I know Graham's script style I know Graham's video style editing blah blah blah so I ordered like everything of your set so I could redo the Set uh film write a script and even do like the Graham talking arms and everything um and record that send it to you guys somehow and then maybe get a job last uh last attempt ditch right there and then I just decided to uh record make a show that I wish I was able to watch that's good what were you doing before then I cuz I noticed Caleb Hammer composer so you're into music oh yeah well yeah that I mean that's always been a side hustle and I studied music compos in college and dropped out actually I dropped out of college uh but what I was doing right before that little naughty never talked about it before I was doing the CL FC work from home work to jobs but you know what before we go into that we have a bonus segment really quick Jack sent me a few of his expenses and I have to say it's atrocious because everything is completely disorganized but Grim I have so many different softwares and plugins that I need to subscribe to to run my business I mean what do you recommend I do the thing is running a business could be tough and try to manage that with a whole bunch of different softwares could be really confusing but that's why our sponsor netsuite wants to help all you have to do is remember three numbers 36,000 25 and 1 36,000 because 36,000 companies have already upgraded the netw suite that means they stop doing things like typing in data by hand and searching through scattered numbers 25 because netw has spent 25 years helping businesses drive down their cost and one because netsuite is an all inone solution that allows you to manage all of your kpis or key performance indicators with one efficient system you know what Graham you're right Nets can help reduce mistakes for manual data entry which there always are and prevent your busy work from scaling with the business so get a full picture of your business and help make better decisions faster make sure to download netsuite's popular kpis checklist for free right now at nets.com again that's nets.com to get your own kpi checklist for free nets.com with the link Down Below in the description thank you so much and now let's get to the episode so you had a full-time job and then you were also doing something on the side that they didn't know of I had two full-time jobs in non-competitive non-competitive businesses they they didn't know that no and I talked to lawyer before this cuz I wanted to make sure I had them read through the employment contracts of both uh companies nothing is against this that they could take action of now because one I don't work for either of them and two they weren't competitive businesses and I didn't do anything that overlapped with each other in terms of uh different work projects on either uh but yeah I worked one job and another job and I had half the time blocked off as uh busy on each calendar and just had like thousand hours of meetings and then I got laid off from one of the jobs fairly enough because I was doing also I was done with that company cuz that company and not going to say who though and they're just they weren't very good and they're going downhill but whatever U then I stuck with the other job for a little bit but then YouTube started taking off and so I ended up quitting that job so what did you do out of college then if you dropped out why did you drop out of school I dropped out and it was this was not a financial smart decision and this was like what 7 years ago or something like that um I dropped out study music composition this is going to make me sound like the biggest in the world but this was like my actual logic not was not trying to brag I was making more money selling my music compositions than my professors were so it's was like how much you make I didn't even know you did not that much like an extra $220,000 a year it's nothing crazy selling your own music comp so you write actual music so like like in the concert band world like people will pay you like a certain uh number per minute of music that you write in like an orig original piece and then people will then purchase that music eventually once it's published so you play the piano or what is it that you I played the trom bone a little bit of the bassoon I can fake the piano more like chords Melody but I then I write music like that yeah how did you get started doing that were you always just gifted in music dude I I don't know it was random fourth grade we had a music class that everyone hates no one likes elementary school music class so I think I I think I did you did you liked playing the little I was the recorder we never we never did that no I was involved in like the piano and stuff oh okay uh either way we would have like every once in a while we'd go to the computer and we' take like music theory or whatever I know but the quicker you complete the assignment you can go into a program where you drag notes onto a thing and it makes you know songs and stuff and then I was like I asked for that for Christmas that program and that's what I ended up getting and then I just you know fell into the love of just writing music and coming up with music and the idea was like okay there's a piece of music I want to hear it doesn't exist yet so I'm going to write that piece of music so you're making music making about what 20K a year you said extra something what period of time in your life was this during college during college okay so then you dropped out of college right and then immediately after college you got this product management not immediately no I was just working around doing extra jobs barely making it by by the music composition Stuff Plus Jimmy Johns and some other odd jobs and stuff like that but then I ended up getting a sales job down in Austin uh 5 years ago because uh one of my uh friends that I've known forever he just recently graduated college he ended up getting a sales job down here and they were looking for the exact same position and I was like oh okay well there you go I've always wanted to be in Austin so perfect pack up the sedan come down in a week and then uh just kind of built a mini career at that company but I was able to do very well in sales so that's how uh it was like education when it comes to trading and different things you can plug into your charts to help trade okay so like indicators and stuff like that so we were selling educational classes for trading trading indicators and subscription Services uh to watch Traders trade live and then so the sales team was responsible for getting people into those so wasn't much cold calling cuz we didn't have a big team so really we only had time to focus on the people who are already internal and it was actually quite an easy job I always led the sales team which was a very big prideful thing for me uh except for my first month obviously when I didn't know what the I was doing so I ended up leading the sales team and that's how I paid off all my debt as quick as possible before then a couple years before then was when I started to get really interested into personal finance and becoming as educated as I could on that and then Landing you know the first adult job it was like the perfect Avenue that sales as much as you grind as smart as you are in it you can make aninite uh like an infinite amount of money as long as the company doesn't suck right so I just worked my ass off and made as much money in that role as possible to pay off the debt start investing and then save up a 10% down payment on my first property all within a couple years and how much were you making doing sales over 100 you were making over 100 from that yeah even though the base salary was 30 but what about that other job that you were also working well that was only the last 6 months got it okay uh the last three four months at this original company yeah so I was doing a product management role at both the companies mhm and then got laid off at the first one totally fair reasonable I wanted to quit anyway I was just like all right may as well collect the Dual income over here which I mean come on not a good thing to do I don't recommend anyone do it like I don't feel great about it but it happened and I'm open and honest uh it's not something I would say anyone should do but yeah what led you down personal finance at that time oh was it way before man I've always been interested in real estate I don't know if it was growing up as an HGTV kid I'm not sure but like just delivering Jimmy John's to uh all throughout College I actually delivered to a lot of the uh rental property management companies and I just became really interested in that just you know uh big bigger pocket type material Bigger Pockets I got really into that reading the books audio books whatever and uh started getting into real estate that way and then real estate I feel is a good natural overlap into just the world of personal finance and wanting then I think that was more like Dave Ramsey started hearing some of him and like oh A lot of people are in a bad situation like I'm oh my Situation's bad maybe I should do something about it yeah then you know actually work to do something about it and sacrifice I feel like real estate is extremely appealing because it seems like the most hands-off you can be while making passive income whereas like the other things that appeal to the younger generation such as like trading and stuff like that that's like okay you have to have some level of expertise in trading and it's more active income although it could get you rich quicker but real estate's like okay you can build wealth over time which is still exciting but it's also extremely hands-off where you're like okay that especially if you're working with a brokerage yeah or a rental property management company cuz yours is pretty Hands-On right uh notm it was when I was actively involved in it oh my gosh I was going to those re but I was also doing renovations and I was there every day sometimes twice a day yeah no that's just keeping an eye on about yeah I I couldn't stand it I mean at the time I enjoyed it yeah I have four tenants that rent rooms in my house but they're basically your pals right yeah they're just my friends but at the same time like just owning a house like stuff will go wrong so for example like there was raining like for a whole week in Vegas and now we have just like have you seen a mushroom yeah we have a mushroom Jack has mushrooms growing have a mushroom growing out of my wall uh so that's getting inspected right now I had some of my floorboards uh they were leaking water water was seeping from beneath the floorboards uh so getting that checked out as well uh just like other random home owners find out what was wrong with your wall our patio cover it's bolted into the to the wall and then the bolts were not sealed properly so when the rain came it ran down the facade of the house into where the uh the connection point was and then that went in between the wall and then it went down to the floor and then out comes a mushroom that's a that's a long ways for the water to go I would be worried about the damage all the way down all the way down yeah well I mean we're going to open up the wall and get it all checked out but the water all settled at the bottom so like that's where you know the moisture was detected when we used a moisture meter you could always just be an idiot and go buy a brand new house I could do that yeah at the rates that we have right now which you just did and we'll also get into that but anyways that is the Grievances that I have with home ownership but it's a beautiful thing so I think it's important why did you quit your $100,000 a year job to do YouTube uh well I quit it once uh we were at $10,000 a month and I was doing all the work myself so I got all the money so that kind of equated to it and I made sure I saved up a onee emergency fund before I went into it cuz I think business owners should have probably one year emergency fund honestly again I I do not want to just say this over and over again and let it lose weight like okay sure I'm sure I do an okay job on the show literally everything thanks goes to the guests who come on the show because there wouldn't be there wouldn't be a show if people weren't willing to come on and put their financial situation in display and like for the whole world to learn off of so thank you to them and then thank you to the audience this is not something I could have ever even dreamed of does it feel fake or real it feels fake it feels completely fake yeah like I mean I've the only thing I've upgraded in my life is a house and it was an expensive house I needed more space but that you you know that you fin the furniture to 0% loans to buy do not Finance your furniture Caleb absolutely Finance your furniture you don't do that you do not Finance Furniture do it okay trying to yell I can't do it sometimes I like 0% Finance when it's a finance how much was the furniture I think in well I 0% uh Finance the uh all of it back there okay so how much was that you finance something 30,000 maybe with the TV sound system uh couch chair rugs uh the guest bedroom stuff so all the furniture I bought for this entire Place probably $30,000 including some of the staging furniture I bought isn't it like cumbersome to go and like Auto like not autopay but like pay that and then your C isn't of it and a credit check on you on that they must right yeah I think so so no I don't know it's not Comon it it happens on a monthly basis I make sure I always have $50,000 in my checking account if I always have $50,000 in my checking account plus a one-year emergency fund on the side then when that happens it happens it hits your account it's gone in 6 months and I invested that what did I say $30,000 instead and guess what since I invested it the stock market has been great this year I've made a great return on that investment instead of could have just as easily gone down though you could have invested that money stock market goes hindsight it would have been in though and it would have grown historically what you did was smart right what you did is objectively smart I'm just honestly I'm astonished you did that really it's something I advocate for on the show but not for most people people who just have clearly demonstrated that they are bad with money I think if you can if you can finesse money I love finessing and love taking extra mental effort to just go wild for an extra five% but that's okay because I can manage it for the average person I don't think it's the thing just like a credit card's not good for the average person I don't think a car loan is good for the average person but I think if I have $20,000 and I'm going to go buy a $20,000 car and I can get a rate at 3% on the car I'd rather put $1,000 down on the car get it at 3% throw that other $119,000 in the stock market I think there's a level where it just becomes trivial and it becomes not even worth your time anymore you're right I think for me it's more fun I like finessing it because it's fun it's a game finances in the end if you're doing it well regardless of the income that has been blessings but even when you know I was making $100,000 to when I was making $50,000 to when I was making $30,000 a lot of the stuff finding the best deals and stuff like that if that's something you're into it can be fun it's like a video game so I think that's one reason I went about it but before we go into that if you guys have been following us or Caleb hammer for a while you may have noticed over the course of the last couple of years our production quality has drastic ially improved and if a financial audit was done on either of us at that time it would not look pretty well thankfully streamyard is a live streaming software that allows you to create high quality content with just the click of a button for the low cost of free so you're saying like the $10,000 we put into this studio we could have just done it for free technically yes all you need is a camera and an internet connection and from there you could stream really high quality content right from your browser plus you could stream to multiple social media platforms at the same time including Facebook YouTube LinkedIn and more plus guys they have so many other amazing features that we haven't mentioned yet like they have analytics tools that tell you where all of the traffic is coming from we highly recommend you guys check out streamyard it's completely free check it out with that link Down Below in the description honestly guys streamyard is one of the best ways that you could begin creating highquality content without spending a ton of money and one of the best ways to start is just to start for the low cost of free so the link is down below in the description we highly recommend you check it out thank you so much and now back to the podcast we went through you have $37,000 of student loans not bother paying pay that off for no degree yeah for no degree that you dropped out of school but you're trying to Arbitrage the 4% on the student loan that's non-t tax deductible with your investment returns in the stock market historically and hoping that that's enough to cover the student loans and make a bit of a profit because I know I can pay it off today and I know that from the Savings in the side I can pay off if I didn't have that I wouldn't invest the other money but you learn from experience because the people that you have on the show you go into them when they graduate with a whole bunch of debt seen it especially private debt private debt private debt for useless degrees but also once I get through all their debt usually the last thing we talk about is any federal student loans that are at 4% or less and then usually for them depending on the situation I'm like okay minimum monthly payment sell is paid off we need to catch up on investing because you're 40 and you don't have a single sent to your name so I'm curious where do you find people to be on the show well 99% come from the audience so is it DMS uh no no we have a survey in our uh description so people can fill out there so for weirdos who think we're like taking advantage of people no people are going out of the way to come on the show people are literally going out of their way and flying multiple States because they want to come on the show because they know it's the method that helps them and they want to put their situation on display it is the exact conversation that I wish I had at 18 might not work for everyone that's fine it's the conversation I wish I had because it would work for me how much research do you do ahead of time on your guests uh a good amount now I've been able to so we collect their information we put it in a spreadsheet and we see what the who we could probably help the best um there are good conversations that can happen from people who've you know built a good amount of wealth but I know that's also taking a limited spot away from someone who's like Caleb please I need to be on the show I'm literally like going to die in debt please build me a budget what does it take so we figure out the people we can best help come on the show they do that uh I have some part-time people also on the side who help put all their stuff into spreadsheets and build some things out with me so I can save me a few hours mhm for each episode and then I personally go through their documents as well and how can you tell if someone wants to be on the show just to be on the show and get some publicity versus someone who genuinely wants help because from what I've seen watching almost all of your episodes some people on there I'm like they don't give a crap they just want to be on they want the airtime they're trying to you know get their name out there it just seems like you could tell them whatever they want you hear excuses and then at the end I'm like they're not going to do anything with it which is where I definitely you can see I get more irritated with them more than other people but I know that even still the advice that I give them in their situation you know getting at least 200,000 views an episode it's going to help a few thousand hopefully that are relating to their situation so even if they might not walk away with it because they're just a little dick for coming on and getting uh you know publicity or whatever they're reasoning uh someone else is going to benefit and what trends have you noticed amongst people that are struggling financially like what what do they doing with their money why is it not going in their favor uh everyone's good with getting a five six seven year car loan at 25% and thinks that that doesn't mean anything so that's crazy I mean what the average new car payment what was it I think it's recently come out to like $800 a month it's insane if 50% of the people in this in the United States 50% who have a job make $30,000 or less on a yearly basis $800 a month as the new average car payment that's Insanity now what's interesting is that when you look into auto loans they're not regulated the same way that student loans are with mortgages or even credit cards for that matter a credit card reviews your income in such a way where they're not going to give you too much of a limit because that's an unsecured debt they're not going to collect on that if you don't pay that debt they're going to discharge it but autol loans for the most part are very unregulated it's a very much gray Market that they could sell these off privately without there being you know a rule out there that says oh we we can't qualify you for this most autol loone places are able to give you the loan that you want by just extending out the term even if the the interest rate's 20 25% yeah it's scary it's scary I'll also say there are on the show I try not to talk about a lot of societal things because it's like okay that's another show we can cover what should what should not blah blah blah and also just vote however you want to vote that's whatever we don't get into that my job is to say okay this is where we live right now and this is the best way to navigate it because it's irresponsible for me on the side of the table to say something different one thing I will say societal that I like to rant about and I'll rant about for a second are car infrastructure if it's the societal tax that we have in the United States that everyone has to have a car to survive it's so F it's so stupid unless you live in New York City San Francisco or Chicago where they have actually decent public transportation you essentially have to get a job in order to work in order to afford the car that you're getting to actually work it sucks man it sucks I it's is that infuriates me well that's why I like Dave Ramsey's approach that the car you could afford is the one that you could buy out right in cash or the car that you could pay off relatively quickly I think people are sleeping on these sub $10,000 cars you go Craigs Auto Trader so many great cars out there six s $8,000 a Toyota Corolla 100,000 miles on it it's good for another 100,000 miles easily very reliable car people are also just bad at purchasing though so people will get that three four $5,000 car they won't get it you know checked out by a mechanic to make sure that it's going to be safe for them and it's going to be reliable for at least a few years to come and then it just breaks down and it gives yeah cars within that price category a really bad name which is very fair well I would venture to say that more people in that category just want a newer car oh would feel much better about no I want the car that's 2 years old even if I have to pay more I'd much rather I'd be happier in that car than this old piece of junk over here I don't want to be seen in that I think there's also a lot of pressure to be seen in a nice looking car and that's almost a reflection of who you are as a person if you see someone pull up in a in an old car are people going to judge you for that are they going to think that maybe because you're driving an old car here maybe you're not as good as what you do if you're good at what you do you should be driving a newer car because you could afford it so there's all these image things that I think play into that as well I have to say I am blessed to have the mindset that with the income that I currently have that you all have blessed me with completely thanks to you thank you I don't give a about cars so I probably will never spend money on a car that is way too expensive I have my 2019 Jeep Cherokee that has good sound system and that's all I care about that's good very lucky do you find that the people that end up overp purchasing on their vehicle they regret it or are they still happy about it and they think that the the source of all their financial problems comes from something else well it definitely comes down to how they're prioritizing their money in general like the big picture in terms of where their money is going but then yes those little decisions that can be big decisions like the car is definitely a big thing A lot of people are regretting it more than they were at the beginning of the show because car values you know they were great when I was first starting use car values and though it's still not the pre- pandemic levels not even close and it probably never will be it has come down a little and a lot of people who have come in with these expensive used cars now find that they're underwater by thousands and thousands and thousands of dollars so selling it is not always an option anymore and making up that difference with a potential personal loan or something but it it's getting harder and harder for the expensive car loans that we have on the show to come up with a good solution other than it's just time to sacrifice for years I mean what do you think that someone should do if they they're looking for a car or they think their car might be too expensive for their needs if it's too expensive for their needs I mean just I think it just comes to the overall maturity around the purchase of it but when it comes to the average person looking for a car as long as we're budgeting out we have an emergency so the question is then okay why do they need a new car did their car break down if their car broke down they should have a six-month emergency fund we can at least get a temporary measure while we then build that up and then pay for another car now does someone need another car cuz they just want another car okay fine then we're put we're putting in our wants category a certain percentage deci side on a monthly basis that is going towards saving up a cash pile to get the car that we want again I think some people can Finance um finesse low interest car loans I do not think that is the average person you did with your Tesla lovely and I think that's good I might if my jeep ever breaks down and I can get a good rate but I think for the average person just like cards that uh a cash option is better for them and aside from Cars what other Trends are you finding or patterns amongst the people that are financially struggling yeah I'm spending 40% not eating out eating out oh yeah so it's like fast food like fancy restur trust me I like my nugs everyone knows I like my nugs but like when people are in really bad debt but they're only paying their minimum monthly payments and they have zero retirement and only their minimum monthly payments is accounting for 5% of their overall spending but 50% of their spending is going to eating out we got some priorities that need to be straightened out why do you think people aren't cooking at home why do you think they're so prone to eating out all the time well ease of access I mean luckily it fits in my budget now and I definitely eat out a good amount and what it fits in my budget a lot of the reasons why I can speak to my own reasons for eating out I got addictive Tendencies towards it so when it comes to the fatty the salty the sweet and stuff like that that can that's honestly my addiction if I have you got to crush that just get rid of that I know I know but it also the salty sweet one is like the brain hack I think your brain just craves that naturally and so anything I've been giving it so whenever I take it away it's it's really really difficult for me now I I was able to do that when it came to getting out of debt and saving up for a house I was able to do that from a financial standpoint but when I think about my health for some reason I am not as motivated and I need to be there I feel like so many reasons why people don't take action especially like with regards to their finances or with regards to like eating which is because the consequence of the action that they take upfront is way too detached and delayed from the action they take so for example when you're eating fast food it's like you feel great immediately but then the consequence of eating that fast food such as gaining a little bit of weight or maybe feeling lethargic it's like days down the road maybe and you can't necessarily see like a onetoone you know this is my action this is the consequence from that action and the same thing goes for finance it's like you know you can save a little bit of money here but it doesn't matter if you spend it because it's just a few bucks so you can put it on credit but then it delays the consequence of it rather than like when you're a kid and you say a swear word and your dad comes up to you and spanks you right away you're like okay now I know I say a swear word I get spanked not going to do that but with food and with finances the consequences are just so far out in the future yeah yeah no that's true and it's also just daunting to tackle at you know the offset unless you're in it already you know so losing weight starting the diet or uh tackling a big amount of debt you're already in this train of just doing what you're already doing and you know this's this big problem it's a daunting thing to overcome and start but once you start it's actually much easier and then you start seeing the progress you making it motivates you to go even further it's it's so similar between finance and health though and I feel like because you're on such the finance path that eating healthy and going to the gym should be so easy for you because it's the same thing the same qualities that lead you to saving money are the exact same to eating health and going to the gym you know it actually might be easy for me it's just I think it's the the daunting starting I think if I started and I continued down healthy sustainable routs so I've done Extreme Cuts before and it's resulted in good progress but it wasn't sustainable and I bounced back I think if I head down it I'm quite disciplined once some in it I think everyone thinks that need they need to like exit the gate sprinting and I don't think that's the case at all I think you could just start by introducing healthier foods into the diet and maybe going out a little bit less but it doesn't need to be like Z to 100 right good thing we all ate 10 Burgers right before this time yeah what the what was that all about man we entire menu we showed up here tting and and you I mean walk in and you how many bags 15 bags oh EAS I mean like I had probably six Burgers which I should not you had actually had no you didn't have six probably somewhere around you serious he had to cleanse his body from all his love of in and out nasty did you take a nap afterwards no but I felt like I was going to die oh my God that's why I stopped eating I think it is extremely important my one piece of advice get in good shape get in good shape there's there's no excuses you have no reason not to I know it's scary I know it's daunting but it will be one of the most rewarding things that you have done you know how rewarded you feel when you help someone out with their finances when they come on your show and you they they DM you weeks later like hey you know what I paid off my debt I paid off my credit 26% APR like I paid it off you will feel dare I say just as good if not better fixing your own health it has been for me one of the most rewarding things I've ever done in my entire life taking it seriously over the past year cleaning up my diet I feel more motivated I feel like it's easier to get out of bed every morning I feel like I have more energy it's easier for me to just get started on a task that would have taken me I like an hour to muster up the the motivation to do beforehand it is confidence too you feel better about yourself confidence go up it would get more matches and your anxieties too and all these judgments trust me I've been very fit and I had the same you know what I would do is hire a personal trainer and prepay them I looked at that I did look at that prepay them for like three months yeah I looked at it before I moved in them yeah I think you I wouldn't even worry about working out right now I would just clean up the diet cuz working out is a whole another thing you'd have to introduce scary in conjunction oh yeah it'll be nice I think the benefits from working out are just working out is it's it's just adding I feel like a little bit too much at once I do need to get my cardio Fitness up though I know my cardio Fitness level is definitely uh low which is not good standing tadal I have an elliptical in the room over how often do you use it well now nothing but I did for a bit again I fell off that wagon you know what you might be a little too intimidating if I came in and you're just like jacked and you're telling me how to run my finances here it's not as it's not got a thick boy on but imagine you come in like Ronnie Coleman you sit down biceps on table very good point it might people might be a little more closed off that's a really good point that's true no I mean I would just like to get rid of the belly and you know just feel better have more energy and stuff like that um I will say and I don't let it count for people on my show if only clean up their stuff recently cuz like okay but you've demonstrated for like a year that it's bad but these last few weeks have been better my film guys in the back there very fit goes to gym every day he's giv me a protein blueberry smoothie recipe that I have for lunch every single day and it goes well unless a guest brings desserts which has been a thing recently which is harming me is it is it actually they bring desserts yeah cookies or Donuts cuz they're awesome uh cuz they're like the best people in the world how do they know what to bring you I think everyone likes donuts and cookies did you make it public that you want people to bring stuff when this is the first time that I think anyone would will have ever heard that that's happened over and over so people are recurring doing this not rec but this has happened recently a few times one person did bring Sprouts okay that's good that's good did you eat them yes I was munching on them a lot they were actually quite tasty yeah Sprouts are good um yeah they were uh sunflower sprouts okay that was very cool uh so I have a good clean day have my blueberry smoothie Yum Yum Yum Yum Yum then also on cookies donuts very scary very intimidate control yourself on that which I did I made I made Brandon my film our film editor take them home so I had like a nibble I'll tell you my weakness is seeing food go to waste so if I see a whole tray of cookies and I know they're going to be thrown out I feel so bad about them being wasted that I'll want to eat them not because I I'm hungry but I don't want them to be thrown out yeah so for me it's that and so I will engage in desserts because I just don't want it to go to waste I will say on the aspect of my health that I think is rare for other people this is not a brag but just curiosity because I think you've talked about it I'm like oh there's another weird person out there I've never smoked a cigarette in my life I don't smoke anything and I do not drink at all I've just never had the interest in any of those things which I know is beneficial healthwise extremely extremely I mean alcohol is just toxic basically yeah that's good that's great yeah yeah for me it just it ruins my day the next day and every now and then I'll have a drink but it's just the next day I just count it out that's a done day yeah and I feel like crap and then the next day I'm like is it really worth it no there's been very few times where I look back at that drink and like yeah that drink was worth it if my friends pest me enough I'll have a singular sex on the beach because it tastes like candy I just don't like the taste of alcohol it's not even an alcohol thing I just hate the taste I don't like I really don't like beers I don't like alcoholic beverages is like ah alcohol just straight alcohol is gross Like a Virgin drink will taste better than a you know alcoholic yeah I just want to pop that's my thing pop or water give it to me soda's a lot of sugar though so we could cut those I go diet though okay that's I'm a Diet Coke okay that's good that's good yeah back on to the finances so we have these people they come on to the show noticed the pattern of people being irresponsible with their car purchases as well as going out are there any other patterns cuz I want people that are watching this maybe that are slipping to be able to acknowledge and think like hey how are my finances doing and be cognizant about money and maybe consider these things that you've recognized as patterns that let people slip into not being well off one thing that has shown up a lot that is in less people's control than the other categories but I think people have a little more control over than they're willing to uh admit is cost of housing so Austin's an expensive city for Texas you know compared to LA or New York it's certainly not but like a guest was on the other day he was spending like close to $22,000 with barely any income on rent and he was like but I'm going to have to move back home and I'm like dude you can find places here they might not be the grandest of places but you can find places here like under ,000 to like a studio he's like that doesn't exists so I pulled up Zilla real quick showed him I think it was like 32 complexes with different units of under 000 so that exists but yes I mean for someone Mak it even $100,000 in a year in New York City or la like housing is going to be a larger percentage than we would normally want them to see so that's a big one that definitely hurts people because it takes way a lot of their money from their investing goals and pay off goals so sometimes it's in their control sometimes it's not and I think it's in more people's control than they're willing to admit some of the time but I think it's a really unpopular opinion when you recommend people move in order to save money because they think hey look I am deserving of living where I please because this is where I it's my home something feels very like like it's a part of your identity where you live so people they place a lot of importance on it I think a lot is also the distance to where they work so someone could justify and say well my job is 5 minutes away and if I move then my commute turns into 40 minutes we've had a few of those yeah and they're like my my gas will more than make up for it exactly which sometimes I mean oil prices are kind of high right now sometimes it can make up for but what's the worst episode that you've done where you looked back and this person's in the worst financial position um cuz there's been a few where you've said this is the worst finances I've ever seen as a title yeah but what is actually the worst it's someone that I haven't had an update from and I'm really sad about that uh she came she's one of my first few episodes and you know like I said now in this whole Year everyone and even most of the last year honestly has been from the audience so good relationships they're very happy to do the show when I was first doing the show and not a single episode was released that we recorded four episodes and I put out a call in Austin for anyone to come on the show I had to give him like 50 bucks which is like all I had at the time to be on the show there was someone with $250,000 in private student loan debts at variable High interest rates I can't imagine what those interest rates are like now cuz they were at 10% then they started at like 150 in only a few years they went to $250,000 they're going to be a million dollar before she knows it and she really doesn't it's for social work so who gives these loans uh well that's surprising to be that someone saw that and checks the box say yeah we're going to give you the money on that I know right personal responsibility is very important I will say in the situation she got with her her dad her dad she shouldn't have done it but as an impressionable teenager getting out of high school her dad was like sign the loan I'll pay for it I'll pay for it her dad's ghosted her essentially and it's become this has been a complete tear in the relationship so they haven't you know seen each other or talk did he ghost because of the loan I don't remember exactly there's to many conversations that would be gnarly if he just couldn't make the payments and that's an awkward conversation to have with your daughter she wanted to go to an instate School in California that was public and save a lot of money he was like go to Baylor that's where I want you to go borrow as much as it take I will pay Baylor Baylor is a out ofate private institution so she she did get in it but because of that and with a degree that doesn't make as much money that has to be one of the more daunting situations I've ever seen and she you can see in her finances that she's given up what would you recommend for somebody like her what would she do uh you can't you can't discharge student loans in bankruptcy that that's why they're so terrible because they allow an 18-year-old kid to take on hundreds of thousands of dollars of debt regardless of what they want to study and there's no recourse you can't discharge that in bankruptcy because you're getting an education the education stays with you so you just get screwed yeah there's no way around it it's terrible and the fact that people sign off on that when they could buy a house with it I do you know and at least they could claim the house back but no that's why there student loans there's no recourse on that I think instead what would be interesting is if they give the education to you for free but they get a percentage of what make uh you know for life let's just say so if you want the public school that's 30,000 well now you give 1% of your income but if you want the private school that costs x amount you give maybe a little more like up to a certain limit so it's not you know billions of dollars necessarily but I don't think you're like lighting the fire under these students butts though for them to like go out get a job because hey I got to pay this off so well that's a thing too yeah I didn't think this through because then you could just say well now I'm not going to make any money or make you know do stuff on the side just don't report it and other conversation that needs to happen as a guy who has lots of music friends I studied in school music I loved my school music they excelled at quite a few things like jazz and music therapy and stuff like that you know I love the experience not every single college in the United States needs to offer a music degree or an arts degree these are industries that the vast minor the small minority make it right right and that's okay and I think anyone should pursue it with that expectation of knowing it's going to be hard and they can totally do that but when a college of 10,000 people in the middle of Iowa or whatever is offering these degrees that have training that are lackluster comp compared to other institutions and are setting their students up for failure it's irresponsible that institution to even offer that degree in the first place but I get it because the college wants the money you got the professors they're on payroll they're getting tenure you got the the college you got the all the executives administrators yeah administrators that take up a massive percentage of uh payroll for colleges so I think it's irresponsible for that every single institution in the United States regardless of them and we have a billion of them needs to offer every degree even if that education for that degree at that institution is not going to be as good as it could be somewhere else how do we get that girl back in the podcast I don't think she wants to again she wasn't from the audience um I I cut out a lot of things that she wanted me to cut out including even after the fact uh can you g can you gift her something towards the student loans in exchange for coming on I think I even gave her a big chunk of money after the fact cuz I was like hey you're one of the first people on the episode I know you weren't thrilled with the experience which by the way we sent out a survey to all the past guests this year and we got an average four out of five in terms of the experience the only thing that people don't like is that we rush a lot they feel but either way she's one of the first guests and uh because she didn't even know what the show was I didn't even know what the show was uh I think she was just oh this went in front of more people than I was expecting than any of us expected so I don't think she wants to be in front of that same amount of audience again Fair rough situation though yeah I feel so bad for her and I would no I'd love to help in any way whatever hopefully the budget I gave her I I know in those situations some people I I will also say just for context CU I've read it a few places that um I was nicer in those earlier episodes uh in her situation stuff like that um and that I'm not me or anything like that when I get like intense and stuff like that no I'm I'm like actually allowing my personality to come through now when I was first getting started I had no idea what a YouTube video took I was trying to level back you know don't want to put off things especially while I have another job I don't want to come across as rude so I was just a lot more things were just tame and just chill including her episode but now I'm literally just me I just try to be the most open honest person I can be at all times but well now people know what to expect yeah signing up though they know that you're probably going to yell at them yeah well it also depends on the people situation we had a dude unfortunately experiencing homelessness on recently I don't think the voice was raised once in that episode and I gifted him what he needed to like uh his first two months rent I gifted him I gifted him a refrigerator for his current situation so he could didn't have to eat out all the time and I gifted him someone from the audience gifted him a drunk drone um a drone cuz he was making good money working for drone companies but his drone broke down then he went homeless and then also I offered to pay for his first four therapy sessions because he has um some really critical depressions so I love being in the position to be able to help with that so it depends on the episode but yes there are lots of people like the model that you were talking about who she wasn't receptive to anything so naturally as me just being me you know I'm just very invested in it and I hate when I care more about their situation than they do but I also get equally as excited when they pay off their debt like dude I get so hype like you have no idea when people are making progress dude that emotion you see when I'm angry is equal on the other side of me being excited for them because the Channel's only been around for a year and a half and debt takes a long time to pay off we've seen less of that excitement we will though you got to do like the Dave Ramsey debt-free scream but like your version of that when they when they pay off like student loans or something like that you know when they do a six-month emergency fund let's say have them come back and like take up photo or something like that we tell them to keep us updated all along the way you know what you need Awards little trophies seriously and if if you're on the show and they hit certain Milestones let's just say paying off their student loans six month emergency you send them a little trophy yeah of some sort and I like that I think that would be they make it further the trophies get like a little bit bigger yeah they hit a million dollar net worth they get you know a big trophy your face that's sweet no that's actually really cool no that's good that's good well we get updates all time from people and people people are doing well but again a lot of these death situations if you watch the videos they're like multi-year payoffs so we won't see the end solution for a while so this guy that was homeless for a little bit have you had any updates with him after giving him the money and the refrigerator and the Drone hasn't updated us in a few weeks so we leave it up to them to reach out to us when they need help and when they want but we tell them to don't like you're not going to ignore you're not going to uh Annoy Us reach out to us as much as you can pester us for questions let us help everything like that but we also don't want to pester them and everything like how you doing how you doing how youing this week are you this week uh so I know he had a lot of clinical stuff so I definitely don't want to pester him but I very much want to hear from him I haven't paid for the therapy sessions yet because he hasn't done them I'm offered to pay for them but he needs to like you know sign up to do it you could only do so much I feel and same same same for the rent like I want him to rent or put down a security deposit whatever it was like I was going to cover a two month rent I think or a security deposit plus one month rent he has to go take the action to get place though and I'm fully willing and excited to do it when he does it and what are the character traits and personality traits that you're seeing as a pattern amongst people that are financially irresponsible personality traits I don't know I feel like we see a wide range of that I think definitely just a clear people are very ignorant to personal finances just as I was just as I'm sure we all were at some point before we became educated on the things and you end up in the situation before you become enlightened but you impulsive personality tra or it's actually a good question I do try to get I do try to get to the bottom of their situation it's a little hard I'm like why are you doing this and not a lot of people can give good answers and I try to dissect that remember when people are coming in though we're often seeing a lot of the after effects of past decisions so I can't see exactly what they're doing in that moment what we can definitely see for people who are overspending instead of paying off debt those kind of people you can see that it's either lack of care uh or addictive personalities kind of like even my own with certain things and stuff like that where they just like they feel like they can't stop eating out and excuses are being made so I think some of that when it comes to people who are continuing their bad uh bad behavior when they're on the show so what's the path to getting on track what do you recommend usually for people step by step so we lay out their debt we figure out what the minimum monthly payments are we add them up then we get uh what their budget is with the rent some of the stuff they can't control because they're already in it sure we can maybe downgrade eventually but okay that is what it is your debt is this I put them on a grocery budget that's uh can be healthfully done but is also limiting it just essentially involves weekly meal prepping instead of like cooking fresh pre-prepared meals every day it's going to be more meal prepping and then warming up and then basically no fun except for a few unique situations no paid for fun go have fun uh sometimes increasing income by getting a second job so we create once we create what a potential income could be plus a potential budget we then lay out the best way to get out of the debt sometimes that's a snowball method uh by doing the uh smallest debt to the largest debt sometimes it's the avalanch method method by having the largest interest rate to the smallest interest rate really depends on their situation and their mentality around it if you can tell they're going to have a hard time making through it snowball makes sense from the emotional standpoint because they start seeing they're making progress you pay off that small debt relatively easily but all of a sudden you have a win so you start paying off more Avalanche I like for people you can tell are a little more fired up disciplined because mathematically Avalanche method you pay less over time so uh we figur out the best method to do that but first we usually get them to save up a one month emergency fund whatever their budget was we get one month sometimes if they have kids multiple kids two months cuz if anything happens we've also had people on the show who have followed the baby I love Dave Ramsey we're going to collaborate with them I I've been invited on the show like twice just travel anxiety uh but uh the Thousand thing and I get his logic he's defended it a lot especially recently even though it hasn't been updated and he's explained why we've had people on the show especially earlier in the show who did the ,000 to get out of debt they started making progress on the debt then an emergency happened and there's basically no emergency that's less than $1,000 then they ended up in a worse situation than they were before they even saved up $1,000 so I'm like okay let's make sure if anything happens you can survive for a month while you scour for income sources or if you have a kid just to make up for extra risk because you're taking care of little ones okay let's have two months emergency fund then we just beat that debt down and then from there it depends on their age so 50320 is a good standard just for people to start a budget on 50% on needs 30% on wants 20% on investing but if someone's just getting out of debt getting a fully funded emergency fund uh you got to get a fully funded emergency fund obviously first uh once you get out of debt if someone's starting at 50 and they have zero dollars they basically got to start investing 50% of their income if they're going to try to retire mid-60s you know maybe even 70 so it depends on the age bu so whatever their budget allocation is going to be at after that point depends where they are in retirement because what I really try to stress on the show I just want people to be able to retire whether that's they're spending their pile of money to Zero by the time they die or they're leaving something left over for someone else you know passing on money that's up to them in the Avenue that they want to save in order to get there how much they want to save in order to get that pile um what I just really try to stress is that when parents are choosing specifically parents are choosing funds spending over paying off debt and investing they are putting that on their kids to be morally responsible to take care of their parent when they retire and have no money that seems like a cultural thing though I do see some cultures where that's the norm that's expected that the kids are going to take care of their Elders in retirement which is okay I would personally have no issue with uh taking care of my parents but I think it being in the choice of the kids would be better than it being put upon the kids I agree so if you have chosen to blow all your money go into a bunch of debt you make it to 70 something happens you can't work who knows Social Security is going to be like at that point then okay I have no money to survive uh I don't think my I don't think I'm going to let Mom and Dad die on the street yeah so right I me that's up to the parents and the kids but it's important to make sure that the parents are aware that they are putting that pressure on the kids because a lot of them could just be living financially irresponsibly and not really understanding that hey eventually Down the Line This is this will be kids oh again there's lots of ignorance and ignorance is okay mhm that you just don't know you don't know what you don't know so that's why you know we try to do you tell them do you have ever had people question whether or not you're qualified to give them advice I've had interviews where people ask that or people get upset um but then I'm very clear that we don't talk about different investment vehicles we that's usually what your licens to talk about right if you need a specific license to say hey if you make $100 a month you shouldn't spend $120 on fast food you know honestly off like I mean that's pretty basic stuff and I think that's very important for people to hear about and okay even if people are upset that sure there's no CPA and I'm telling someone they shouldn't spend more money then they make I don't care that little hate that a couple people might give because we get thousands and thousands and thousands of people reaching out saying yo in the comment section email social media whatever yo I paid off my debt because of this Channel and that is is everything dude I don't even care right now I know right now I could uh back out of all my uh stocks my personal residence and get everything into the cash flowing type properties that I have up in Michigan and I could generate $10,000 is a month I could do that and do the show for free because the biggest reward is the progress that people make it's just it's so hype it's so hype when people turn their lives around it's just crazy it's so why not for like the certified financial advisor license uh I mean at this point I just don't feel like it's worth my time sure I mean cool it would be cool to talk people through investing and stuff like that and I have my own opinions on investing I do my own investing uh but I don't feel like it's worth my time and also I think where the average American is it's more beneficial to help the people that are in the Dire Straits than sit down with someone and be like okay sure you have 43% of your Investment Portfolio in the S&P 500 but maybe let's do 45% instead or something like that think it's going to be more beneficial to help someone learn how to budget and uh stop around I agree I think that's like the foundation of being good with finances is like budgeting and what I tell all my friends that come to me because they know like I am somewhat in like the YouTube Finance industry like or some somewhat related they would say hey Jack how do I get good with money like what do you recommend invest in and I always just say like you just have to be aware conscious and intentional of money in general if you want to learn how to be good with money you have to just be conscious of money what is money what does money do for you what do you do for money where is your money going be aware of your relationship with money and that is like the strongest Foundation that you can have to be to being uh financially free or secure yeah and other thing honestly again because I don't do this for clout I hate like as I said at the beginning I honestly hate my social media presence I don't like being known it's weird I don't like it if people are like okay you know I've heard enough bad stories of people like I want to learn how to invest for money guys money guys are great I love them I'm friends with them they're coming down here watch them support them they're good I'm totally okay take a few weeks off my videos learn some stuff from them totally good I'm not doing this for clout I'm doing it to help people so that's totally chill so I don't think I need to talk about investing because people like them exist and they are so good at what they do and they're very educational what's the back end of your business in terms of how many people you have working with you two full-time employees one person that helps with thumbnails that cost $1,000 a month $2,000 a month and I pay someone very parttime $1,000 a month to do some spreadsheet work um and then I pay both of my employees if I'm doing better they're doing better because a lot of it is the uh commission based and just Revenue they're both making six figures and I want them to be making a ton of money eventually so which is great because I love rewarding dude they're making my lives so much easier they're helping me make money I want them to make money so yeah uh they're both making six figures I want to give out like a big yearly bonus don't be too excited they're in the room right now I do want to if $100 crisp $100 bill cuz I again as we talked about at the beginning the money that I'm all of a sudden starting making I don't get it it doesn't make sense it's a number that's not real I don't need it all so I want to make sure they're making money too a videographer role and an editing role I could get away with an Austin paying $50,000 a year this dude makes well over six figures M producer role I could probably do something the same how many inquiries do you get every day of people who want to be on the show producer um I'd say we get probably about 30 or 40 a day 30 or 40 a day and what do you look for on those 30 or 40 that that make you want to pick them to be on camera she compiles them into specially and we we we we make sure that they're diverse enough situations and situations that uh we can help the most cuz again a lot of them they're not like it'd be fun to be on camera some people want to do for Club but some people are like dude I'm literally going to be homeless next month please help me give me anything and they want to get they want to get sat down they want some tough love and they want a budget made out and a plan so usually the people we can help the most is who we go for and are you worried about it eventually becoming too repetitive sure but again it's we talked about the dream 15 million dream 15 million doesn't need to happen as long as it's actually helping people and I'm able to pay the bills and I don't ever have to let someone go like I'm totally okay as long as it's helping people because that's the main goal in the end there is the extra stressor of having the payroll now you know again paying for the rent paying for the food doing all that stuff and I love that and I love the team relationship that we have here but if it gets repetitive there's other shows I want to do for fun but as long as I'm helping people on this show that's the ultimate reward which sounds so corny so many people aren't going to believe that who who the says that but I actually believe one thing that I've noticed just being friends with you cuz I mean we haven't really established this quite yet but you and I we talk I feel like yeah pretty regularly like I'll give you a call you'll give me a call we check in with each other you'll send me a photo of you like hey man do you prefer the beard or do you prefer without the beard which I prefer with the beard you are extremely genuine and sincere the thing that I've noticed is you you're very blunt you're very honest your personality on camera is exactly how you are off camera and I meet so many people on a regular basis that appear on camera and they're entertainers that are not entirely how they are in real life but you I can say with full confidence you're extremely genuine extremely sincere and I really appreciate that about you pretty Shameless like honestly like yeah yeah like like talking about dating talking about this talking about that like you know what I mean like plus the point life is too short why not just be open no I agree with you it's just I I respect the uh that ability to I don't know I would say kind of be careless towards other judgments you know what I mean yeah yeah I try again it's when people assume I'm like something different or having negative intentions around the show that gets to me I think they're kind of evil people but and the thing is when you say that you genuinely care about the financial wellbeing of the people that come on the show I without a doubt believe it 100% wholeheartedly because I know for a fact just based off of the way that you treat money the way you talk about the income that you have how I know your income has increased over time and how that's affected you which is not at all really um that it really is about the guests that come on your show and you really do just like want to help them and we could so easily record an episode and say okay goodbye we really try to be as much as they want it's up to them be a part of their lives what do you think your financial weaknesses are fast food again we we went over it and it was like that's not a financial weakness cuz that that the implications on your finances are neg that's more of a health okay that's more of a health because it was 7% of mying financial weakness we talked about some indecisive things I did uh upgrade my living situation cuz I wanted a yard for the pups I wanted um more space to do more shows and do more things I was feeling very uh tight in my condo even though I like the location I also wanted to be much closer to my friends uh who you know we all hang out like almost every day uh very lucky because not a lot of people are that lucky in their 20s or 30s or 40s or their life but whatever so that maybe the impulsive decision to upgrade a and for Austin for what the house is in Austin it's actually quite affordable but the interest rates are rough the thing is I mean you still could have bought a house way bigger way nicer way more expensive Etc than this so technically speaking you still kind of bought underneath what I would say the financially irresponsible or even the average person would have done in your financial situation yeah went to the BBS $914,000 20% down 6 point whatever percent interest rate but this exact house next to my condo and the neighborhood behind it would have gone easily minimum $5 million so I feel okay about it it's tough for me as a real estate guy to look at the rents right now in the areas and you could rent almost a brand new construction that they couldn't sell Seven Grand a month no money down and you have the freedom to pick up a move wherever you want to yeah and you have that extra 20% Which is almost $200,000 to go and invest elsewhere to hire return put that in the Michigan properties that you're buying no you're right so one of my personal flaws lack of patience so I couldn't find anything for that couldn't find anything for that within a week couldn't find anything for that within two weeks okay that's done search is done uh-uh we're going to go get this house that I really liked I went visited a lot of houses most of them I was like okay if I'm going to do this thing it needs to be really good like everything here is done top level so I was really excited about it like there were lots of nice new constructions but everything here is top level one of my friends is thrillingly excited about the level five drywall whatever the that is every time he comes in oh gosh I know no he's excited about it I'm not I don't care level five drywall is like it's a finish on the drywall that makes it incredibly smooth I don't this is painted over we repainted this so I don't you're not going to feel it here but you're going to feel it on the other one it's drywall that they finish they'll sand it they'll polish it they'll sand it they'll polish it and they do that like five times it's a level five finish you don't it's like it's it's a highend thing yeah but it's like would I pay more for that no oh gosh no mind you see the spackled job on the side of it you don't have level five drywall no it's a waste of money I didn't pay for it though complete it's a complete waste of money the premium the Builder will charge on it's not like the Builder's doing this out of the goodness of their heart they know they ow level five drywall it's like how what how much they Char lost money on this with the uh cost to build it and the cost to buy the property they lost money on it well I think a lot of sellers are going to be losing money that's what I think building right now I feel really bad is it was their it was their first building and design so it was It was kind of rough that's the risk that's the risk they take no you're right I don't really feel that bad but it's it's the risk they take but it's you know I did a whole video that's posting first week of October about buying versus renting and I went through in today's market and I analyzed the average price based on the average income of a person versus the average rent and I based off a $400,000 home uh the monthly payments all in on that and I calculated the opportunity cost what the home is going to be worth after like 10 years everything rents are still substantially cheaper over the lifetime of the average ownership of 13 years interes if you plan to live in the home for less than about 11 and a half years if you're in here for 13 14 years and you sell and now I am also assuming that you're selling and you're paying a 6% Commission on closing cost so that's factored in there my real is very nice and usually gives me a 3% love you okay well then you'll save the 3% so maybe for you it's nine years if if you're going to be in this house for the next 10 years fantastic decision probably based on these projections if you're only going to be in here a few years and then you know I might sell it uh and then move somewhere else chance are it would have been way cheaper to rent you're totally right it's the mobility and right now what I feel like is you're in this upward trajectory and 10 years from now I think your life is going to look totally different it's GNA it's going to be wildly different than it is today and so I think even five years from now could be wildly different it's projecting whether or not you're still going to be here at that point yeah I regret the decision overall financially with the house and where it is and being close to friends I don't regret it LifeWise but I definitely I I do regret it financially and it's maybe the first not completely okay it was an incredibly stupid mistake like I still have equity in the home whatever it's an overall investment so it's not like I just did something aggressively stupid but in terms of my financial decisions within the last five seven years wasn't definitely L lower subpar I always text Jack and I'm like Jack please help me stop being single he's like dude you're just a shut up you big fat nerd come on every time that's every time he just bullies me he just says hit the gym get a sixpack why do you not want to be single what's the what's the problem in that oh I think I joke about it more than it's actually reality like I I joke about so many things that so many people take so literally which is okay that's is my personality but no I mean in general it's like okay so what what am I doing here okay maybe I'm making a good amount of money now what's the point of it of all if I'm not passing it on to someone if I'm not sharing the life with someone just like what's the point of you're young though you're in your 20s almost not yeah you're still in your 28 so what's but what's the rush oh I guess there's no rush but also I like the experience of dating I like the connection you exactly looking for right now in a relationship uh oh all right Shameless let's go let's do it uh definitely a long-term partner but I have found myself doing more temporary uh things for some reason are you in those relationships is that what you go into it looking for is something a little bit more short term or like why do you end up are you initially looking for longterm and you end up settling for short term because that's just the default is kind of the easier path to go on maybe it's cuz it's the easier path and there's also just like innate desires that I think just get away then I'm just stupid or here's the thing is it is it is it you choosing the short term or is it them choosing the short term uh me and maybe sometimes them as well I mean I'm not going to put the blame on anyone else the thing is the unfortunate reality at least uh what I think is the case is that you have not found the perfect person yet and once you do you're not going to want a short-term relationship with them you will I don't want a short-term relationship I just think you're opting for it time no no no I just think yeah it just tends to happen uh it's just I think maybe I have a lot of expectations and then it's just I honestly don't know I can't pinpoint this I can't pinpoint this okay I'm in the exact same situation interesting the exact same situation I want a long-term relationship I cannot pinpoint why I don't want to go on second dates with the people I go on first dates with oh I don't know why and I think it's an expectation standard thing but I really do not know Jack seems to get discouraged easily though like there's little like you know small things and I'm like Jack he not that big of I just to put up with it I don't want to put up with it but not even putting up with it sometimes it's just like Jack just won't text back for like a month and then just like there's a random text that's usually due to a lack of interest on my end if I don't text back for a month you better not be ghosting don't ghost that's so mean to people don't ghost Jack you can't ghost you got to be nice to people you got don't J don't ghost if you're Jack goes me so many texts I send Jack a text I don't hear back I'm fine you guys are on this is not a podcast about me guys okay this is you canot people are human beings they have I know you're you're drawing assumptions here I he just says something he made it sound like you ghost Jump On It ghost is like the wor isn't ghost but he'll text back Weeks Later can I please like midc conversation why is he speaking on my behalf why are we allowing this right now I would rather hear let me answer on behalf of Jack just talk to me speak to my representative I'd rather hear any and every day sorry you're an ugly I don't want to see you again they just never get a text I would rather hear that every single day is it my turn oh yeah okay to explain myself I do not ghost per se they do not text me two three times in a row and I don't get back to them I will always get back a lot of the times what ends up happening unfortunately yes this is my bad I should be better about this is I'll say hey I'll text you a week from now and I don't text them a week from now that's what happens but they also if they are texting me expecting a response I will always get back to them 100% without a doubt sometimes not if it's Grand I will say the timeline he didn't mention a timeline he says I'll get back slow respond yes but it's not it's not a week like it's not it's not even more than you know two days like it's like there was one that went like a month that was and he was like Graham why is she not Tex and look at a month skip for years ago I try to make that very clear on my show we don't judge years dude I was like a bully in high school man we don't we don't judge maybe not high school why were you a bully like Middle School maybe I don't know cuz I was a dick uh just cuz maybe insecurities and just whatever figuring what would you do I don't know I think just like make fun of take kids lunch money no that was never physical this it's more like joke on someone else's expense you know were they were they like were they laughing about the joke or was it more like ah you know maybe it was more Elementary School I found better friends you know late Middle School uh high school and then growth and then I think I was always just like try to be the class clown in high school and stuff like that so I was still like a dumbass that the teachers probably hated and stuff like that but we don't judge you for what you did two years ago because we all go through personal growth we learn we can look back and learn but we only judge you for what you do now and you're ghosting Graham that's very mean to I don't ghost Gram I'm going to swipe through some of our texts right now and I'll show you guys I actually get back very quickly gram I'll let you know he never goes me okay he never goost me never go some people text back fast me I I don't think I'm on that priority list okay well anyways to bring this conversation back to Earth Caleb you're looking for the girl of your dreams oh yes okay now what does this girl look like what does she do talk to I don't know I don't my friends say I have a high standard I probably do I don't know I can't describe a physical type I feel like I'm in a V wide variety of person okay yeah it's just like if that person's the person boom boom boom physical is obviously very important to get into the get to know you phase at least for me uh and then I like someone who's definitely ambitious doesn't want to just you know just lay around all day but then someone who's also maybe a little more introverted like I am I'm not a I like to hang out with my friends a lot but I don't like to just go do I'm hit hit the clubs hit the bar kind of guy so if someone wants to drag me to that stuff that's not going to work uh like explore restaurants I don't know sounds like a dating profile doesn't it and I'm reading off um classic stuff like that I think ambition is a very that sounds about right and I agree I think it's it's hard to like pinpoint as specific like visual profile of someone you're interested in however it's just like sounds super super lame super annoying but it's like an energy like you show up to somebody you talk to them and you're just like you know what I really like the way this person carries thems I really like how they talk how excited they seem about this or that the passion that I see in this like that's just attractive and you can't pinpoint what it is you find in them that is attractive but they are just attractive to you you know and it happens but on very very very rare occasions and that's kind of what I'm holding out for yeah yeah sure I mean I like to go on dates so I go on dates when was the last day you went on it was last week I don't remember what day it was fine fine oh yeah it was okay I think we just agreed that I just think we agreed that friends with benus would probably be better for our living situation okay so was there physical attraction yeah sure sure well yeah yeah I'm being F cuz I'm uncomfortable but go kind do you don't want to talk about this no no no let's talk about it I'll talk about anything okay so you where did you go on the state we just went to a place called The Domain here the about okay no this is so we walked around we got some boba and what do you lik in her uh well again this is a friends with benefit so we really didn't really get to know each other very much so how do you agree to those terms open and honest you're just like hey is that like the initial message no okay kind of came up this was only discussed in person yeah I don't remember cuz I don't even think I was the one who first brought it up I think we were talking about what we're each looking for I think that's what a difference CU they're they're they're leaving after a year so oh so you're like you know what I think the best I think they said they're only looking for a friends with benefits and I was like sure you're like oh they they opened that dialogue I think so I think so got it I think so which is sure so but if you're looking for something longterm and serious why spend your time on that when you could be spending time on it really it's just existing yeah but you're you're putting energy into this that could be spent you know growing the business spent looking elsewhere hitting the gym honestly I'm not spending much energy on it I'll be honest this is I've seen her twice but it could be mental energy T since last week yeah since last week yeah and how many times you go to the gym zero what how many times you go to the gym man we're just we're we're talking about health I want to see lifting weights we should hit the gym tomorrow okay all right do okay I think longterm I yes I would like to find a partner I would like to find a partner that'd be good I was talking to a few people they were long distance though or a person who was long distance but it just didn't really why do you want to find a partner I don't know I just it seems to be what I'm missing I just I've I don't know I've always kind of craved it and then I've always failed at dating but you but so it's something you're missing but you feel like how do you know it's that how do you know it's F so you're trying to find what that is missing not necessarily but I feel like that's missing what are you missing from that specifically that the human connection the partnership you know kind of building life together uh just a future and stuff like that but I feel like you have that with your friends and people that work with you I do but I mean you're building a future with everyone in this room you've seen the charts of like uh the people you spend time with spend time with and it's like it's just but and then everyone's like significant other cuz you have friends just is the older you get the less you want to deal with that's it so the less people you see you're more okay all my friends can't do as much and I'm very blessed to have a great friend group here that I'm just here I'm just sitting here I'm bored alone I'm not very extroverted but boredom isn't good though I I think you should fill the boredom with with other hobbies and things that you're like the aquari I love the aquarium I love the aquarium too but it uh my wallet hates it see I think you'll find the best relationship as soon as you're content being single living your life like that that's the way it was for me I was so happy just doing my thing not not a care in the world no one to answer nothing and then I ended up getting a relationship right afterwards but I wasn't looking for a single thing guys I'm not looking for anything right now think lying to himself is going to be very productive not say when you get to that point where you're so comfortable and like self assured in who you are that nothing phases you anymore that's the point where you become really attractive to other people it's just hey I'm perfectly single uh happy with the way are going I don't need a single thing in the world well again I I'm very open very honest I really don't think many things pH me except for the one thing I told you guys so just someone think like if people think I'm like an evil person or something like that that's the only thing because this is not me and it's just like weird if other people think that but either way other than that really nothing else gets to me so I don't part of me wonders though people could sense that you're looking to fill something so that when you're when you're dating I will say I move too quick I move too quick I could tell by we look through a few of your messages on your video and you can look through it move too quickly in the sense of like go right for the date immediately going to text because because you have to build some sort of connection and Rapport before me con with her in person all those text all of those texts are not building Rapport in the beginning it's just exchanging pleasantries and super conversation but when when a girl has a hundred messages and all of them are let's go on a date let's go on a date how is she going toate messages are I think that is a typical to ask for a date right out the gate well also assing on girl if you if you look through a woman's profile like that she's going to have so many messages how do you differentiate yourself from 50 other guys talking to her on the same day trying to have the same conversations as you are you're the one asking for a date why should she pick you over everyone else I'll tell you my British impression I didn't find it funny I liked it he found it funny yeah Jack's not the best gauge on that I'm going to say okay it's true old are you g 33 how old are you 24 I think I would be the guest we're cler an age I guess Yeah by one year I'm in between you a grand that that women mature slightly faster than men so the fact that if if you know someone's Jack's age they're going to be more mature you know I'm just saying so maybe they're closer to my age mentally okay well I mean you know I just don't like the I just don't like the I just want to meet and get to know someone I hate the as you call exchanging plung trees I call it I just want to meet and get to know someone I don't get to know someone via text know them you know yeah I don't like Tex so to me it's it's like someone asking for a job interview be like I'm not going to send you my resume just give me the interview H interesting you know and you're like who are you no just give me the interview trust me I'm I'm going to knock it out of the park just give me the interview oh you want to hear my Morgan Freeman impression check this out just give me British Morgan Freeman all right British oh Morgan Freeman and um wait I'm Morgan Freeman I I can't do it I feel like that's better you feel like that's better I I can't do it dial it back in okay so you got an interest in finance from actually coming up or being brought up in a pretty how do you say like not impoverished but like not not well off not well too home at all definitely born very low middle class oops baby you know teenagers type of thing late teens uh dad just working at a grocery store mom just being like a clerk at like a eyeglass place so like no money's coming in uh so I mean I think that's just other reason why I want to make sure I get to a point where there's good cash flow coming in because you can't rely on this thing especially a job that I don't like lots of aspects of it um and then just like as we went throughout the years just Finance struggles that they hid from me very well they're still making sure that I had I felt like I was living a middle class life like I was able to take trips I got instruments stuff like that but it was all financed like taking out second mortgages type things stuff like that all to make it feel like the kids were giving getting that good life and then even as we were getting closer to college like forclosure notices on the household and stuff like that so really just seeing that seeing parents struggle it's not only the reason why I wanted to better my finances but it's definitely one of the reasons why I want to do this show cuz so many people are in that position you know how are your parents finances today much better youngest brother another oops baby Levy brexton he is actually growing up that middle class household that they pretended we were growing up so my dad ended up starting a business uh and it's taken off he's a third owner in it of a fire water restoration type business and fire and floods always happen uh and that he's you know serving the community he's been doing really well my mom went back uh got a Nursing degree she's been very successful in her field and they're doing you know they've paid off so much bad debt and I've you know given them advice on what I think should be paid off as well I think they only have like their mortgage left if I'm not mistaken like a low interest like stage all this time yeah that's really impressive they're taking a welld deserved trip to Australia which I'm so happy this is the first international trip I think I think maybe in Mexico uh so that's really cool but definitely my situation growing up hidden you could start catching wind of it and then in hindsight you can definitely tell was definitely lower middle class for a long time um but they're doing really well now though how do you think that affected your relationship with money or your interest towards Finance scarcity mindset scarc mind and do you think that you picked up on that from your parents no not necessarily because again they hid it quite well it was just more towards starting to understand what money even is in your teens and then in hindsight kind of understanding how things were that I understood it but just not wanting to be in that situation not wanting to have a foreclosed or notice type warning on this house ever you know not wanting to if I ever have kids I wanted them to be able to do whatever they want to do you know that's healthy and good send them to college like college wasn't even couldn't even come close to being paid for for me took out a bunch of student loans and they took out Parent Plus student loans so it's like yeah one of my dreams dreams is to I I want to hit that 50 that $5 million Mark but I also want to pay off the the remaining mortgage that's a big dream of mine as well did you ever get evicted or you're talking about a foreclosure very behinds maybe a third I don't know you know always advantage of whatever little Equity there is in that uh house and just taking out credit cards and this credit cards was everything credit cards credit cards credit cards and seeing how that's impacted people big inspiration for why I want to help people as well that are in same situations were they smart with their finances though taking out those mortgage I mean they never effectively actually lost their housing oh right and I've I've talked to them about that recently they knew nothing personal not still going about they could have been better off they probably could have you can leverage different resources take out debt in different ways in a smart way if you know exactly what the implications of your actions will be yeah incomes were certainly definitely limited for quite a while but we could have strictly budgeted and done well just like many people on the show uh but uh yeah absolutely but then if you budgeted like that it would have been more apparent to the children that they were struggling financially absolutely especially cuz eventually after I was five we moved from a more sketchy place to a wealthy School District though we weren't wealthy you know we were in that District if we were budgeting hard they wanted me to live the lives of the neighbors you know the people that I went to school with who were able to take trips who were able to participate in different activities and stuff do you think that that helped develop your character in the way that they maybe would have wanted like did it actually improve your development maybe subconsciously I think that's one point why I got interested in real estate in general is because I saw that as a cash flow opportunity something that you can always have on the back so when did you go to that school district the the one after kindergarten so I didn't have very much time in the in the really sketchy area to be honest is that when you became a bully you moving into the school district I think when I said okay when I said bully I think that's just more broad than it was I mean I was with the wrong crew in elementary school just bad influences people who I feel bad for saying this I got into a good friend group they've continued falling back on their social media they're not really doing anything right now they're not living a very good life but being mixed up with them for a while until I had a big falling out in middle school so you know they do bad things to people or not bad things to people again that makes it sound like we're stabbing people in the parking lot or something it's like just like making fun of someone or something you know or we're playing soccer and then you're like and like someone Falls over in the playground like oh my goodness that kind of stuff uh just wasn't a good person and that is not the type of person you want to continue and grow up and be not that I'm close but what made you make that change when did you recognize that maybe that's not who you want to be well I'm definitely very influenced by people I'm around and I ended up getting to a better friend group and they were good people um and you know associating with good people and you just kind of become a better person I was still a Class Clown just a bit wild but it didn't take it out on other people specifically you know bring others down to feel good or anything like that so yeah but I mean life is all about growth right so I'm of course I would take back that I was a bul but I don't sit here and just like freak out about the fact that oh my go I can't believe it was a bully it happened learned from it hopefully use that experience if I ever have kids to help direct them through that situation my parents didn't know by the way I was so good at hiding things so good at hiding things masterful um uh so it's a learning experience 20 years ago wasn't even close to perfect I was better 15 years ago and I was better than that 10 years ago and I was better than that 5 years ago and I'm better than I was 5 years ago now so just always striving to get better is very important what would you change about yourself today I I can definitely get in trouble with my uh lack of filter and just complete honesty because people take things wrong uh people can take advantage of it and uh yeah I can get you in trouble but also I just want to be me maybe some of the more impulsive things we talked about that uh yeah I think that' be a big one anxiety oh if that so like literally change anything yeah I would just get rid of my panic disorder be like that's gone that doesn't exist I could be living so much what's it like to have a panic disorder uh terrifying and very limiting you're afraid of panic attacks in a strict phobia way where it's like you build your life around not having them so wherever you found your safe place to be is just like your life around that and extra things can and that's another reason why this job just isn't the job for me is because it's so anxiety and de soon um and it triggers those panic attacks and then you literally feel like you're dying you can tell yourself you're not dying doesn't matter your brain thinks you're dying and then you dramatically fear that like you fear getting your hand cut off or something like that you would avoid any situation in the world to not have your hand cut off it's like the same fear of that I'm avoiding anything and everything that could lead to a panic attack that I could not get out of because it is the most miserable thing in the world what does it feel like you've never had a panic attack no oh lucky you um some people Associated like a heart attack some people your brain just thinks you're dying for me my heart starts racing I get uh very uh clammy very sweaty uh I breathe very fast I feel like I'm going to pass out uh my brain is convinced it's dying and I uh feel incredibly depressed in the way where every once in while every once in while I don't want people to freak out about this but every once a while in those extreme situations Suicidal Thoughts can happen but that's just because I feel like it's something that's never going to end cuz it feels like it's this never ending and you think that's like the easy way out that's not something I've considered or want to do but that's just like in the most extreme scary situation is something that unfortunately veers its way how long did they last it's hard you can get over it pretty quickly uh I found good C coping mechanisms to get over it but I mean I've had ones that have lasted like a few hours and those are miserable but on average average they feel I don't know I don't time them they feel like they last eternity but maybe 15 minutes I don't know it it could be longer and what's the frequency of them it depends stress level and different things going on it right now I think with this job higher than before what are your coping mechanisms distract myself play some music watch something try to take a nap or go to sleep why do you think you have this no idea no idea when did they start coming uh I remember my first one taking a vacation in South Carolina Early teenager it just just happened nothing triggered it happened thought I was dying didn't know what a panic attack was and then unfortunately learning what a panic attack was I developed the phobia for panic attack and have you ever spoken to professionals and Stu about this no I'm on Celexa but I think that's more for general anxiety cuz my thing is more of a phobia I don't know if you can medicate a phobia I think it's more mental health thing I was in therapy for a while I always advocate for therapy I need to go back in therapy I when I moved to my last location I was far away from my therapist I was like cancel and I just need to get back on yeah it seemed like it such a traumatic event when it happened the first time that you now fear that happening again of of reliving that first time and that YouTube job that I got turned down for after the fourth day of supposed meeting the person he didn't show up the first three days the fourth day I had one of those three-hour panic attacks I've had like twice in my life maybe three times and I just couldn't go I was like I'm sick and he was like okay this isn't going to work then so it can definitely impact life in ways that suck yeah in hindsight though would you be here today if not for calling in sick that time no maybe no probably not probably not no I mean that's great but in the moment wasn't great and then my anxiety was very bad for a few weeks I was supposed to have friends come down for a bachelor party and stay with me a few weeks later but my anxiety levels were so high at that point where I just needed space of my own actually one reason I didn't let you guys stay with me it's cuz I I didn't want to have to worry about potentially being getting too anxious and having a moment and just needing to be by myself so I put you guys up in a hotel I get that well if you had a larger home then the problem would be solved let's go get a million if you waited to buy something okay you know I'm just saying you could rent you could you could rent a house that's a little bit bigger I could just take a loss on this house and just go get a Mega Mansion do that yeah just build something from scratch yeah so it's not fun it sucks and there's a lot of people that deal with it I wish there was a better way for us to treat it but no one knows is what C no one knows what causes it or else we'd be treating it right so therapy coping mechanisms learning how to get over that so I haven't come to Vegas I mean you extended that invitation forever ago now at least in the lifespan of my YouTube channel and I really want to go there this place is have a lot of experience I've never been to California uh never been to the West Coast I've never been west of here yeah uh there's a lot of things I want to do and that's going to require getting but you're GNA be going to see Dave Ramsey soon so that's going to require you to I've been invited to see Dave Ramsey don't tell to be on the show I haven't not done it I haven't said no I'm just trying to I just don't know what to do it's so hard my plan is to right the plan is to rent an RV hire a driver and then us just me and my team just play games in the back how long is the drive going to be 12 hours I've done the drive to Michigan where my family is quite a few times how long of a flight is it like 2 hours 3 hours two hours something like that there's no way you could drive 12 fly two I feel like the r on the ground I'd be like turn this around we're going home but I feel like the ratios are off I feel like it's got to be a longer than a 12-hour drive in an RV you're driving 65 the entire way okay maybe it's a longer goes the RV it's got to be like 13 14 without stopping yeah but I'm playing Katan in the back for 14 hours sure katan's awesome is for that long I don't know I have a phobia falling for I have a phobia of falling asleep in the car because I think if I fall asleep in the car the car is going to flip over you drive or no he has a driver yeah I know but like do you mean if someone else is driving oh yeah no no I'm not like me driving falling asleep in the car I'm saying if someone else is driving that's what I meant driving no I'm saying if someone else is driving the car I'm in the back seat I I'm paranoid about falling asleep because I can't see like what's going on around me and prepare like if I see a car flip in and I'm like you know I could tense up a little bit at least see it coming that's a phobia I don't have just me but that's just me falling asleep it's completely irrational makes no sense and it's silly and that's what I have with the other thing so I wish I had a reason or an excuse or uh treatment a lot of people I mean what they do is they just do it I just got to do it I think you just got to do it but doing it is the hard part do you think you you'd feel better afterwards getting through that that if you could get through that billion perc a billion percent I would still be anxious getting into the situation but you do it once okay gets the ball rolling last time I was on a plane and the only time I was on a plane was decade and a half ago so yeah you know what actually you could do that would make the experience a little better is fly first class I know that's that's what everyone says too spend the extra money pamper yourself first class you get the big comfy seat you get someone kind of like dedicated over you get the board first or maybe you don't want to board for maybe you board last you're on the plane oh yeah yeah you're on the plane less time I think what I like is one of those rooms but they don't have those domestically no they don't but if I could have that I'd have my own space so if I freak out and just like feel like I'm dying I could just do that myself and some La show wants me to come on some Daytime ABC The Talk The Talk I the talk wants you on yeah isn't that the one with uh what's her name I I've never heard of the show I'm thinking of what be gold the view ohe the view wants you want what dude you you have to say I don't know what the talk is I I don't know what the talk is either but they want me to do like a live AUD someone could be fun never been to La yeah I would take the opportunities because you don't know if they're going to be around forever and you don't want to be 20 years from now looking back oh I wish I had done that but I was too afraid take the chance to do it a billion per what's your biggest insecurity maybe the thickness really I I wouldn't say I'm not knowingly insecure about many things my friends might be able to tell me I'm insecure about things that I'm not aware of but maybe the thickness just because there's nothing else I can think of H cuz she thick she lovs and what about your insecurity of internal things is it mostly what we've discussed this far yeah I guess if I had a partner I'd be you know they would need to be like aware of my anxiety issues and I'd be nervous about the first time anything anxiety would happen around someone i' be nervous I was nervous about that with you guys today like I was like nervous I wouldn't be able to sleep last night cuz I was excited uh so then all of a sudden you know less sleep you get more anxious have a panic attack who knows so yeah I guess that could be an insecurity I think meditation it sounds like you overthink and over analyze and I'm very much the same way I think if you calm your mind or you find other things that you could focus on or gym for me has been a lifesaver it's been amazing finding Outlets like that that relieve so much stress reading is great too love audio books see I feel unproductive when I'm physically reading for some reason problem the problem with audio books is the fact that your brain can Trail elsewhere whereas if you're actually reading text on a page you can't really be reading and understanding and uh like drawing information from there I'm just convinc I'm wasting time I know I'm not but I'm convinced I'm wasting time when I'm reading so what I do audio books or YouTube videos to xpeed while I'm at the gym yeah or on the treadmill and I watch I watch all my YouTube videos on the treadmill or I make my phone calls in the treadmill yeah or you call me cuz every time we talk it's been yep yeah I make all my calls in the treadmill and then when I look down at the calories I'm like oh wow I just burned 70 calories on the phone with you yeah and then you didn't even convince me to rent and it didn't work well I wish it did but imagine imagine you could do something productive while burning calories at the same time no so it's like you're you're doubling your output I finally when I was I was using my elliptical um maybe like three months ago for a good while I got down to a pretty okay weight that I was chilling with and I went up since then but for the first time in my life I got the runners High never knew what that was and I thought it was always but I was like oh after like 10 minutes of hating this all of a sudden I was like oo you got the Z fun things I was just in the dry I just wanted to keep going yeah that was fun so I know I need to get back to that I've allowed the move to be an excuse to go backwards if I pull up my uh cardio uh uh whatever the cardio level is cardiovascular whatever uh you'll see when I moved in because it went so yeah that's something I need to get back to for sure and I need to start that hope this conversation is hopefully a good motivator to do that and you also talking about potentially doing other shows in your channel ye yeah what do you want to do nervous to say it why cuz I don't want anyone else to do them no one's going to be able to do it like fine I'll do the ones I'll say the ones that people already know I want to bring back a good version of dating money we did test versions We didn't know what we were doing but that was perfect I'm glad we did that cuz we learned what worked and what didn't work and we have this whole Grand idea around it that is like 10 times better I want to do that it' be fun it'll be funny it'll be engaging I want to bring back audit on the street where I audit random people on the street I want to bring back dumb money where someone can email in a situation and like what should I do around that and then get random people's suggestions on that and then give my suggestion so I want to bring back some of the classics on like a second Channel um doing a grocery shopping trip you know $300 grocery budget yeah um or whatever that is broken down on a weekly basis cuz I guess we'll shop for a week but now there's a few other secret secret shows that we talked about earlier I want to see you on a first date that's what I want to see have the date sitting right where I'm sitting and you guys talk Finance Finance yes yeah I'm usually a little uh some sometimes I'm awkward on a first date and sometimes oh and and sometimes I'm like like I'm the guy like you know what does the the guy look like to you like when you are being the guy how does that how is that like you're just smooth or like what is interesting yeah smooth hitting every word nailing it engaging that conversation and what is the determinate of whether or not you are that guy I walk away feeling like the guy like what what whether or not you're the guy or not the guy no idea walk away with it feeling good no but you walk away but how do you go in how do I feel good or how do I guy what do you going with the guy like what determines if today you're going to be the guy or not yeah is it good sleep outfit on point actually is arbitrary I don't really care about what I wear usually so uh yeah I guess it's pretty arbitrary I don't know conversations are nailed dude sometimes I think you just wake up and you're like today is going to be a good day I'm on it today that's how I I'm like today is a good filming day in speaking of that I know you do H&M and I was all H&M so this is Express which is a pretty well at least for me it's an expensive place get a friend who works at a clothing place and get yourself 50% discount then it's basically H&M but nicer H I prefer Zara oh okay still a little expensive though yeah I guess so slightly I just don't like spending money on clothes I don't feel like there's things my entire outfit's free yeah yeah he gets all of his clothes for free no I guess I can't beat that with 50% it's very expensive his favorite say Theory I forget what this is um speaking to the thickness I don't know if Graham's going to allow this but Graham called himself fat earlier I said a little pudgy I have a little stomach no you said that you mentioned some thickness this is thickness that is not something we need to worry about so I I would like uh is that your biggest insecurity uh I would say so I I don't like taking my shirt off because I see Pudge around my midsection and I really don't like it and I want like just I want that rock get back into the boxing uh I didn't even have that with the boxing oh no and I and I dieted pretty pretty strict on that part of me thinks it's a bit of an age thing but I have to take I have to take it so seriously like I've been going to the gym every day I've been eating relatively clean and then I'm thinking it's probably my portions D that scary maybe not staying hydrated you passed it you're at that 33 but that big three Z you see some people in their 40s and like I'm in my best shape in my life and they were like just ripped shredded dude my parents like great I don't know what's going on with them but I feel like I'm like dying yeah so I've lost track of this what do you think is the meaning of life Cale bammer meaning of my life right now is helping people while having fun doing it that's what I like doing that's the meaning of my life right now yeah meaning of life happiness isn't that what everyone says I don't know I don't know I'm a day-to-day kind of guy I got goals but I'm a day-to-day guy guy you get it through the day try not to you know get hit by a car and what do you want to say to all the haters haters what do you say to them I actually have no idea what the would I say to haters uh boo you boo haters all right anything else you want to discuss comments concerns anything for us you can ask us questions are we get dinner are we GNA eat dinner m i can be down for dinner I hope you guys have enjoyed this episode I know it is a highly anticipated iced coffee Hour episode everyone wants Caleb on uh we're really excited to be doing this and I hope you guys enjoyed and let us know if you guys want a part two maybe just maybe in this part two we can discuss Caleb's transformation okay he's gonna have a six-pack he's gonna be ripped okay he's gonna have like a huge neck vein right here and uh yeah it's going to be sick we're going to put your face on liver King yeah you should see my jawline when I'm fit dude it's hot it's gnarly you do have a pretty gnarly jawline I know and this is surrounded by fat too but you're also kind of shaping your beard you know what I mean oh yeah little trim the bo yeah yeah yeah you look good man all right guys thank you so much for watching till next time