ilmscore | Prediction Details
"Good. Then we'll plan for that. That's what we got to do. So, Mexico, that's easier, more affordable. You need to make a lot less money than you would in Europe, for sure. It's closer. That's kind of the main thing. It'll be easier for family to visit us, especially with them being in Florida. Flights are pretty inexpensive to get to Mexico and fast. I'm also told you try to be a podcaster and YouTuber in the past, but it uh did not work. Um I Yeah, I did YouTube and podcast for man better part of a year. Um, and I my problem at that time was that I I wasn't properly niching down. I didn't exactly find precisely what my community was. Um, and that's why I'm so focused now in automotive because I feel like I have found a niche and a community that is adopting me pretty quickly and I have a lot of connections in the industry now as well. Um, yeah. Yeah, I've been seeing a whole lot of opportunity in it. So, I'm just I'm just following that thread. Okie dokie. Before we get to these finances real quick. Yeah, Colton just typed to me, 'You're hiding purchases from your fiance. You come in talking about how, okay, my fiance, she has some savings. That's how we can kind of do this.' Even though it's again just like a third of your debt. You wouldn't even be able to wipe out your debt before you guys do the move. But you're hiding purchases from her. Like actively hiding. That is a bad habit I had. Habit. Yeah. Yeah. Yeah. Would cheating be considered a bad habit? Um, I mean, what was happening was mostly the purchases was that I was I was eating out a lot. Um, it was mostly like fast food, deli runs, that type of thing. Um, and she we we were both very focused on trying to budget more because we have all these different goals with like wanting to move, wanting to wanting to travel. Um, we've shared those goals with each other a lot and I let I don't know if you want to call it like cravings or my inner child or whatever. Like Bro, I'm just I'm trying to explain what was going through my mind is that I I I was eating out out a lot. I knew she wouldn't approve of it. I was afraid of how she would react and so I just didn't tell her about it. Eventually, of course, she found out. She was very, very upset. Not even because of how I was spending the money, but because what went down, Uh, I was I went to sleep early one night. Um, because I had to I had to work early the next morning. Um, and prior to that, she had been asking me to like, 'Have you spent have you uh have you gone out to eat or like have you spent money on food this week?' And I said, 'No,' and she woke me up at like 3:00 am asking me again like did you spend money on food this week? Why private student loan debt can be overwhelming? If you're seeking a more affordable way forward, Why Refi is here to help. Unlike traditional lenders, Y Refi focuses on your desire and ability to repay, not just your credit score. With guaranteed interest rates under 6%, they offer a pathway towards lower monthly payments. NY Refi also provides a co-signer release program, giving you and your family peace of mind. Their dedicated representatives walk you through each step, ensuring you feel supported and informed throughout the process. Thousands of clients have experienced relief and why Refi's 4.6 star rating on Google speaks to their service and guidance that they provide. This is more than just refinancing. It's a chance to regain control of your financial future. If you're ready to work toward a more manageable student loan payment, visit yrefi.com. Discover how their tailored approach can reduce your stress, lower your interest, and simplify your repayment journey. Take the first step in making your private student loan debt more affordable. Go to yfy.com. That is yrefi.com or call 89733978. That is 8973-33978 and see how they can help you move forward with confidence. This is not this is not indicative of like a good relationship going forward, especially if we're about to abandon our entire lives to move somewhere. How long were you guys how long have you guys been together? Uh, we're coming up on 4 years. So why the did you lie? Like like what why why else do people lie other than shame? And then how'd that conversation go when she woke you up? Um, she was pissed off. I of course was tired and then like just feeling about the whole situation. Um, and since then since then I have been honest with her whenever I do spend money especially on food or anything that I know that would just bother her about like dumb ways. Huh? You never once spent money and and didn't told her. Well, is that about telling everything like more the hide hide? No, man. I'm not going to lie or they're not going to Yeah, hide or lie like Yeah, what I was doing. I would I I would go get fast food, eat, eat in my car, and throw away the trash and receipt so she wouldn't find it. I don't go about things like that anymore. If she asks me, I'll tell her. Sometimes I'll tell her anyway, even she doesn't ask me, because I know she wants to know. And I've also just been making better habits of not eating out, actually cooking more meals at home, especially lunch and breakfast, going to work. Um, I still do sometimes. Um, you know, it's not perfect, but what's more important is that I'm honest with her because it's important to our relationship as well as finances and health. Going out was almost 300 bucks. That's Yeah, man. It was bad at one point. I I Yeah, it Yeah, it it's that's what I'm saying. No, you said you got better. I've I've recently gotten better all week before he came on the show where his finances in the last month because you you you have my statements from August. It's We're in the middle of September. We're about Oh, come on. right before coming on the show. That's always the most BS excuse there possibly ever is. I mean, even then, I I was still I was still packing lunches. I've just gotten better at it. I've even been intermittent fasting lately, just that way, I'm not like going out for breakfast or like buying coffees. I mean, I also have other large purchases of $1,837. I don't know what that's going to do, but that's such a substantial part of your budget. Miscellaneous alone about $500. It could be video games. It could be who knows. Um, there's definitely some in there. Um, so yeah, there's a number of things. Why? Why? I mean, these are lifestyle choices and habits. What What are we cutting back? Lifestyle choices to get overseas, though. That is that is the the big picture. Um, yeah. I mean, if if we're going to do that within that time frame, that means cutting back on a lot of things. That means even more budget. You don't think there's any possible way? You have 22,000 hours of debt. How can you? I I your job will your social media job follow you there? It can. You don't have an answer on that? I No, I don't. But I don't think I need one. I've been able to find work pretty quickly doing what I do. Mexico. You won't be making American dollars in Mexico. I thought that's what you were attempting to do is to keep American income in Mexico. That's why I'm building my own brand, buddy. 2500 followers. I'm sorry. Okay. But that's that's still re really early developmental stage. Exactly. But you're moving in 5 months. Okay. Well, it What's your follower? How many months has it been since you started? It's been 6 months. I don't do I just had an itch in my nose. 6 months. It's been 6 months. And the and the engagement rate and follow rate has gone up since starting more so in the last two to three months. Okay. So, let's call it 3 months then. Okay. 2500 divided by 3. Good. So 833 on average you're 2500. Uh, plus 833 plus 833 plus 833. Great. Oh wait, plus 833 plus 833. Good. You'll be at 6,500. That's enough to at least qualify for brand deals. That's that's enough to gain brand deals are going to be like 25 bucks though. I don't think you know. I'm in this world. I'm in this world. I mean you're in it. Yeah. And I I respect it and that's and I'm also in a world where brand deals pay higher because this is money. Of course. Yeah. And automotive is actually pretty good for what it's worth, pretty good, but not as good. And I still know one, it's going to be based on view counts more than followers. And we I just saw your views. I mean, you're we're looking at like a,000 or 2,000 per reel. Those are very low quality views because they're short. It's short form content. I'm starting I'm right now I'm working with just over 30,000 views. You're not going to get brand deals. You're going to be on an affiliate basis. That's also Yeah, I mean, there's very No one's going to give you flat rates. You are going to be on a No, no one's going to give you flat rate at those numbers. You are going to be affiliate, meaning you get a commission on what you sell. Do or do not. There is no try. Of course you're going to try. I'm not talking about what you're trying or not trying. I'm talking about what's going to work in 5 months. You're this is an unrealistic plan by every means. I mean, I have to consider various options. I mean, right right now, I'm even looking getting a second job so that way it can bring in more than five months. Okay. But I I need I if I can save more money within that within those five months so that way I can grow savings as well as pay off the debt. I I have to look at some type of option. You're looking at me like I'm crazy. Yes. Because listen, you can make a little progress on this in 5 months, but this does not this does not answer how the you're going to live there. I mean, I don't know. There there has to be every business in 2012. This is kind of crazy. This is beyond higher than I thought. Beyond higher individual aiming for comfortable lifestyle in Mexico City, including entertainment, travel, uh, uh, decent housing there. United States dollar 60 to $85,000 a year. Okay, that's 5 to7,000 hours a month. That's if you keep your current job. Well, you actually Well, yeah, that's if you keep your current job there. But you don't know if you can. It doesn't matter because the skills I have, there is demand for it. Every business in 2025 needs marketing. If you're not marketing on social media, you're going to be This is very much uh service consumerdriven economy. I'm not saying Mexico doesn't have one, but America's the top of the world when it comes to that. We'll go into debt for anything. Yeah. marketing, social media manager is more prevalent here than I mean you got South Korea and Japan. I mean come on we're talking a lower income middle income. That's assuming that I I have to get a job like that I have to get like a you know 1099 working for another another company in Mexico. Maybe have you looked at the visa work permit processes? I mean before this I was doing freelance. I have you looked at the visa work permit processes. You don't even know what you can do from Mexico. I have not. What the are you doing then? USD, the median wage there, by the way, on a monthly basis is $14 to $1,500 a month. So, if you don't take your American job, good luck. Okay. I mean, Mexico was one option. You said that is your option. Your your top option that she highly wants to do. This is what she wants to do right now. What's the second best option? Second best option would be the UK. Oh, out of all European countries, why' you have to pick the literal fastest declining? Come on, dude. It's done. The UK is done. Pick another one. I'm not even gonna allow that as an answer just because it's easier to talk there. Okay. Spain. At least they're already done. They're not going down. Okay. Like, like UK is in the collapse world. Spain. Yeah. Um, if you're making a higher income, sure, you can go live there. If you keep your higher income, you can live a great life in Spain. It's not an overall great economic situation in Spain in general. If you're going to be going and just working in the economy, though, like I said, really wish you picked one of the more northern European countries. are slightly like Poland or Germany. I was supposed to live in the Netherlands. There you go. Netherlands is fine. But even still, I don't I don't think you know your your options in terms of visa processes and whatnot. I should look a whole lot more into if you want to do a big international move in 5 months. I would say yeah, you probably should look a little bit more. Yeah. Um I look I'm moving a lot more with our experience that we traveled a lot into these countries. We spent over a month in Europe last year. That's our perspective as far as where we want to be, how we want to live. Do need to look a lot more into the practical logistical stuff. Uh-huh. Uh-huh. Honestly, Bloody, this sounds like you're just relying on your fiance to me. She has the savings, you have the debt, she's choosing where to go. It sounds like you're just along for the ride, and you're relying on her. I will say that she's the one that's more financially responsible. That's why she's a fan of the show and she got you to apply, right? Um, yeah. Yeah, maybe that's why she's also not here, but also she's traveling. So, by the way, failure rate for those who move to Spain, 7 73% come back. Just going to throw that out there. That's that's the rate of people that move to Spain and come back to the US. Huh. Good to know. It's not impossible. Yep. Leading cause of failure for all expats are often related to lack of preparation. Well, you're doing this in five months and not prepared in any way whatsoever. Yes. And an inability to adapt to new circumstances. Germany, Italy, France, Austria. Oh, cool. Yeah. Yeah. Yeah. Very cool. I might be the coolest guy you've ever met. I I I need I need to explore Eastern Europe a bit more. She's in Germany right now. Yeah. Okay, cool. Well, I guess that was a good way to deflect everything I just said. No, I I I had no idea that you actually even like been to that side of the world. Yes, I love walkability. Again, I wouldn't go to start a career in life in many places there. In many places, I would. Would you give an example? Switzerland. Switzerland. Norway. Yeah. Poland. Yeah. Yeah. Norway seems cool. But I'm set up in a way where I probably could. That's not me jerking off. That's I've set myself up. You're hoping that your 2500 followers turns into $5 affiliate deals in 5 months. $5 affiliate deals. I don't you are dramatically overestimating. Ladies and gentlemen of financial audit, this is one of the most exciting moments in this channel's history. You know, I've been working on building all these educational tools, our budgeting app, all this crazy stuff over this past year cuz that is where my passion is. We finally did it and now we put it all into one program called Dollar Central. You get the premium version of my budgeting app. You get the cookbook mailed to you and signed by me. You get to learn about debt, investing, budgeting, real estate, basic beginner stuff, and finance all the way to the advanced stuff. Collaborated by experts with the lowest refund rate in the industry for a reason. And guess what? If you are struggling or you want to learn more, or you want to change your life in any way whatsoever, like literal tens of thousands of people have done with our programs, go to dollarwise.com. Click that link below. Your life will change. It'll be incredible. And I am here for you with an incredible support team that you can reach at any time. This is a no-brainer. Dollarise.com. Let's go. Hey, I don't Hey. Okay. Pause. Pause. Pause. Let's bring in a chair. Brandon, come over here. Guess what? He's the head of brand partnerships at Hammer Media. He negotiates just on a daily basis. We're in the top 10 podcasts on all of YouTube. Okay, this is great. We're in the top 10 podcast all the internet. and he'll tell you how difficult it can be. Okay. All right. Well, you guys know him. You'll love him. He's the translator. He's the degenerate. He's the brand deals manager. He's the post show sitter. He's the fat fat and fatter Brandon. He's here. Okay. So, he actually does this stuff on a daily basis. Yeah. Real conversation on this. Okay. 2500 out 2500 followers. He might get up to 6,500 in 5 months on his growth rate. brand deals, making a living off of that. Thoughts? Uh, so we work with a ton of companies. Sure. Number number seven podcast on YouTube. The rankings just came out. Now we're officially on the podcast. Seven. We went from four to seven. We'll go back up. They don't have the best episodes. Regardless, one of the biggest podcasts truly in the country. Definitely on the platform. That's great. Um, there are companies that I talk to on a daily basis and we are very analytical with the things that we actually put in our media kit in terms of past partnerships, numbers, data. We're very data driven. Yeah, look at me. I got glasses. Very data driven. Um, there are companies that still will not touch us just because they don't see the vision in it. Okay. Sure. And the size is massive and we have all the data and the numbers. So when you talk about 2500 followers Yeah, with a th000 to 2,000 reals of you. Yes, real. Would you say that's because of your numbers or because of your niche and audience base? Um, less on that. Um, to me, I mean, it's always the hope of a return on investment from a brand deal. Of course. Yeah. Okay. Yeah, that's exactly what it that's exactly what it's about. Their goal is to at the minimum break even. Of course, you can exceed their expectations and make them a ton of money. We have partners that we have made a ton of money. Yeah. Um, when you're getting a,000 views per real, let's say that you even put something small on there or even your story, what's like an average story view for you? Average sto uh what? Like you post something on your Instagram story. Story guy, social media guy. Come on. Story views. Yeah, my stories I'm getting like 50 views. Okay. Yeah. Still pretty low right now. Most companies are going to have you do like a threetory click on your Instagram story. They're going to have you do some sort of Tik Tok integration, some sort of YouTube integration. Your YouTube's not big enough. I don't think your Tik Tok's big enough. I I actually haven't been focusing on that yet. Those are the ones that make money, by the way. Just going to throw that out there. YouTube I mean, yeah, I I when I started doing like any type of content creation, I started with YouTube. I like I said, I did that for about a year. Um, and yeah, so he might get affiliates. The affiliates that everyone can sign up for. Yes. These aren't groundchanging, earthshattering affiliates. These are just anybody can sign up for this and you'd be lucky to get, you know, 5, 10, maybe 15 bucks out of an affiliate deal. But if you're getting 50 views on your story per average, I think that's your income is $50 to $100 a month if you're lucky that that and that's I think that's your income is $50 to $100 a month. See, my problem is that I did freelance videography for about five years and my I was able to make income by offering my services to local businesses as well. Well, sure. Yeah, great. Good grind. That's good. But remember, it's going to pay dramatically less in Mexico. Okay. Sure. So, then I need to have more clients as well as I need to keep on expanding. Sure. I guess you can work 24 hours a day, 7 days a 365 days a year. You got to hustle to try to make up for it. Yes, but it's still not going to equate to the same amount, especially in a expensive city like Mexico City. I don't know, man. I'm not taking this discouragement right now. No, we're not here to discourage you. We're here in the real world because you're about to blow up your life in 5 months. I will tell you something. There's a creator that I know cuz I'm I'm very much in this world. A creator with 50,000 followers on Instagram, which is not a lot in the creator world. Like, if that is your job and that is your prime source of income, it's still not a massive following. We almost have a million on Instagram. We don't do Instagram deals, but what have we been offered? Uh, do you want me to disclose those numbers? Uh, we can either cut it or not. You can uh, like when I sell something on your Instagram or something on your TikTok, it's like a lot of money for like one post. That's juicy. For like one for like one post. And And we've done it before. We've done it a lot. Uh, but there's a, there's an influencer that I know that has 50,000. They were lucky enough that a company was willing to take the gamble on them for $2,500. And that's one time. That was one time. That's at 50,000 getting, you know, a couple hundred thousand views on their reels. Um, but but at two at 2500 followers and 50 views on a story, I mean, buddy, those are a billion trillion smackaroo by the math you said. So you will be at I I can recognize that right now the numbers are pretty low. It's going to take some time. It's going to take a lot of work. 5 months is not a lot of time to your brand to performance levels. $104 if it means if it means having to live a whole lot more simple. It's not just about living simple. Mexico City isn't simple. Okay. What What do you mean? Like in We just pulled up the numbers of what it takes to live there. Okay. Yeah. It's It's like similar to what I'm how I'm living right now. I'm trying to make you not blow up your entire life. This isn't about discouraging you. You might be able to build this up. But not in the way that you are thinking, in the time frame you are allowing yourself. So, I need to give myself more time as a starter and pay off your debt first and have a fully funded emergency fund before you even consider this. And even understand the visa and work permit processes. Oh, yeah. In 5 months. Oh, actually, never mind. I got the answer. Hey, Brandon, good. Guess what? I got the answer of how he's actually doing it. Okay, good. He borrows money from mom and dad currently. Oh, and the in-laws currently. I did that one. Great. Great. Great. And when did I borrow money from my in-laws? I don't. Is this what I forgot? No, no, no, no. I didn't borrow money from them. When we initially, my parents helped me with uh with money when we are moving from New York as well as when I bought a car. And now you're moving in even more expensive move. It will be a pretty expensive move given that it is international. Yes, that's what I'm saying. And you had to borrow to move in national local uh, a a little bit. Yeah, I borrowed $1,000. It's borrowing money. It's just showing that you cannot do it yourself. Uh, I mean, this that's why I'm in this situation now that I I'm over $20,000 in debt. I didn't a lot of money. Yeah. No one's combating that. I'm saying you're trying to do this again, but more expensive in 5 months. But you have less money than before. Okay. So, I need to make more money and I might need to give myself more time. Dude, if we were on a two to three year track, yes, I would say make more money. You're talking about doing this in a like a quarter and a half. Okay. We can't have the conversation about like if it if this would be like a year, two years. Of course, we could, but you said you're doing it in five. That's you and your fiance are expecting that would be ideal. That's when our lease is ending. So when when that happens, it's either that we resign and we have to give give ourselves a whole other year or, you know, this starts a whole other conversation. Okay. All right, Brandon. Well, we we'll send you this situation. Thank you for your time. Absolutely, buddy. But let's get into these numbers. What do you think your financial score is? 0 to 10. Zero being the worst, 10 being the best. 1.8. Okay. That's not how that works, but that's okay. If you want That's the score that you gave me already, Caleb. Oh, the website. Well, it rounds up to two. Okay. So, you're a two. Oh, okay. Maybe we'll see. If you want If you want that score, take the assessment for free at calebamemer.com. Figure out where you are in the world of money, where you can do better, where you're already doing great, where you need to improve, all that good stuff. It is free at calebmer.com. And make sure you sign up for my favorite budgeting app, Financial Audit, is powered by DollarWise. All you got to do is sign up for the free trial. And if you like it, take the annual version to save a lot of money. And I will send you my co my And I will send you my And I'll send you the budget and I'll send you my budget friendly cookbook signed by me, mailed directly to you. Check that out. It's fun. dollarwise.com to learn more. By the way, I will say this. If anyone's ever had dollar-wise out there and you had issues, fair enough. We had outside contractors, they sucked. We fired them. I built an internal team. And the day before I filmed this episode, which is many weeks before you see this, we launched 4.0 and every single bug anyone has ever been complained about has been completely fixed. And the app is now top of the market. Go check it out. It's very exciting. No idea team, huh? I I don't know if you ever like compared Dollar Wise to Rocket Money. I use Rocket. Believe it or not, my business internal team that I've spent hundreds of thousands of dollars to build out does product market research. Okay, sounds great. Just try it out. I've been using Rocket Money, so it's probably I hope it's better. Yes. Much less cluttered, much easier to use. Yes. Yes. Yes. Sounds great. Sounds great. Okay, big guy venture. What is going on? Uh, like what what are we spending it on? What's going on with the card? I don't know, buddy. I You tell me. I don't know you. Okay. All right. The card is my current highest balance. It's mainly been used for travel. Um, why why are you traveling so much? Is that your influencer? Um, that's part of it. That's also Um, my fiance and I love to travel. It's part of our lifesty. Um, well, I I think she can be a travel influencer. Is she trying to be then you we've we've had conversations about her being a travel vlogger. She's a great conversations vlogging. It's 20 2018 2017 YouTube having a travel blog. She's a writer. She's a writer. Okay, we're going back to 2008. People subscribe to Substack. Yes, people subscribe to Substack. Hey, maybe if she's lucky, she'll get $100 in affiliates, too. That could be great. We can work as a team. I'm sorry. Just It's just like where you guys are trying to I want I would love everyone that wants to be a creator to be a creator. I cheer for it. You're just going in such a optimistic worldview way. That's unrealistic and unintentional with what you're trying to do. I mean, how else are we supposed to look at it? Need to be at least a little bit delusional to even go for the dream, right? No, you got to lock down, put realistic goals, and grind, grind, grind to get to every goal along the way to get to the ultimate goal. I think there's a balance. You're just like, "Oh, that's going to happen. You need to, you know, we talked about bloggers." Let's be honest, your bank saving account is probably doing less than your expired gym membership. The national average savings rate is like 0.39% APY. That is basically your money taken in an app. But with today's sponsor, Chime, you can earn 3.75% APY on a high yield savings account that is over 9 times the national average. And let's break that down. $5,000 in a regular savings account might get you 20 bucks in interest a year. With Chime, that's close to $188. That's enough for noise cancelling headphones or two tanks of gas depending on how things are going. And unlike traditional banks, Chime doesn't hit you with monthly fees. There's no minimum balance, and the whole sign up process takes less than 2 minutes. I'd use this to build an emergency fund or start saving for that vacation to Iceland. And right now, you can get up to $350 with a new Chime checking account when you sign up at chime.com/caleb just to try it out. So go to the link in the description box or scan the QR code on screen. Sign up in two minutes and start earning that sweet 3.75% APY with Chime's high yield savings account today. Okay. So this is your everyday travel card. Wonderful. Yeah, it's what we mainly be using. But you missed the payment. You were behind. Minimum monthly payments $1,256. I can explain. We have a balance of $7,87962 with interest charging of $18667. Go ahead and explain it. So, yeah, the situation sucks. I was looking into options to save money on interest. I wanted to look at potential see what loans qualify for. Okay, first of all, this has been a huge investment for our for our knowledge, for our lifestyle. Oh my dude, I don't have any student loan debt. So instead, what I and even Yeah. Yeah. Oh, no, guys. He doesn't have a 4% subsidized federal student loan with lots of protections to get a return on investment from his degree. Instead, he has 30% credit card debt. Okay. What? All right. What are you bragging about? I'm I'm bragging about the fact that like at at least I mean, I don't know. I can go bankrupt and I I still wouldn't be stuck with that debt. He was student loans. is so forgiving federal. It would have been a lot more money. People are people are are on average. I think what I would have suggested is go to college for four years and borrow whatever it takes to get whatever degree you want or travel to anywhere you want and put it all on credit cards. Do you think those are the two options I would have provided? I Why are you Why are you conflating those as the options? I'm not okay. It's because I'm saying that it it was an investment on knowledge. knowledge. What knowledge did you get? Well, the wheels go up this far into takeoff. It's I mean a lot of people don't get the experience of traveling the world. What's your knowledge? What did you gain that you're able to apply for a higher income making definitely probably just about the median in Miami? I think so. You have not applied that very well. Look, I think that the experience we've got traveling the experience. is very is very valuable and yeah I I think it's valuable in which way and how in terms of fun memories and how we want to live the rest of our lives bro and that not going to be here I don't want to raise my kids in the suburbs then move to not the suburbs you can be downtown Austin you can be downtown Miami you can be New York you can be New York is the closest thing I love Chicago. Yeah, I spent some time there, too. Love Chicago. San Francisco's walkable. Portland's very walkable. Many parts of Seattle are walkable. I'm not saying we don't have it. I'm not saying it's perfect. And I definitely Yeah, I much prefer how communities are built in Europe. I do agree. They're much more human focused. Yeah. So, that that's the value is is But you said you were getting education on a lot of from all What are you talking about in terms of dude, drop uh your little person down in Google Maps and you can tell somewhere is walkable. You don't need to be traveling. It's not the same as actually going there and experiencing. It's not the same. But you can tell what is walkable and what's culturing yourself. No, but you culturing yourself. But you're saying you're you're getting all this value, all this education. You were trying to conflate it with borrowing for student loans. But you learned someone was walkable. Woo. And they spoke a different language. Yippee. Great. But you could have figured out where you wanted to move relatively with some decent research and then practice going to one place if that was the highest research place that aligned with what you wanted to do. I don't know. I'm glad you're excusing and coping with you wanting to see the world with getting a ton of value from it. You had fun. You had good memories. I'm not discounting that. But you're trying to conflate it with something so much more. You're trying to justify and cope the out of this. I Why'd you move from New York then? by the way, if that's what you want, cuz that's where you would want to be. Well, we wanted to spend some time closer to family because we know we want to we've known for some time now that we out of the country. Uh, from from New York. Yeah. I mean I I mean Yeah, but I I'm still seeing family a whole lot more often now that I'm in Florida rather than being in New York. And want we want to move further away. Tells me Europe is far. Yeah. So that that was the point. That's the point if you're going to listen to me for a second is that we decide to move to Florida for some time so we can get some time with family before we decide, hey, we're going to move to another side of the world. We're not going to have the same level of access. But why not back to New York then? I would. I'm moving to New York. That's great. I'm so excited for you guys. Yeah, I heard about that. That's awesome. Not for the taxes or finance. Let me tell you, people always ask about that. It's literally just the walkability. I Yeah, I bet it'll be for the lifestyle, which is I think it's worth it. Yeah, when people value that. Some people don't. Some people Yeah, but I It's okay. It doesn't matter. Why not go back there? Cuz at least you could do what you're doing here. I Man, I would consider moving back to New York. I felt I felt like if we didn't leave New York, we were never going to. I think that's what's going to happen. You know the education they did, by the way, in order to figure out what walkable city they wanted to move to. A 34-day backpacking trip in Northern Africa. Well, you're talking about when we went to Morocco. Yes, that is in Northern Africa. Yeah. Well, yeah, we went to We were in Morocco. We went to Paris. Considering moving to Morocco. I'm not considering moving to Morocco. Then why'd we go there? I thought this was the entire point. This is what you're trying to justify. It was a part of you having fun and blowing money you didn't have. And that's all it is. We wanted to You learned that some cities can have all their buildings be blue. Yippee. Okay. I mean, it's cool. Okay. This could also be very good experience if if we're if she wants to be a travel blogger. This is, you know, investing into How much did the Moroccan trip cost in Morocco? I mean, you want the price for the whole trip altogether or how much was the trip? The whole trip it was it was around 8,000. Good. So, with her travel vlogging, with the commission she's likely going to get similar to you, 8,000. Let's see here. Okay. She needs to get about 80 sponsorships. If she's averaging a couple a month, you know, we're talking like three and a half years just to make that up. And I'm sure in order to do the blog, she's going to need to travel quite a few more times in that time period. Okay. Sure. This is also assuming very small performance numbers. I mean, gosh, you guys are getting married and I know people like you travel. You probably needed like a dream wedding destination, dream honeymoon, too. Um, we want to have a small wedding, but we do want to have somewhere destination wedding. Yep. Yeah, you guessed it. Yeah. I sure did. Yeah. And where is that going to be? Do you know? Um, probably Morocco or Portugal. Yeah. Are they going to be happy seeing her ankles? Um, she'll be wearing a dress. Um, also, what? It would be in a private location. What? Have you been to Morocco? No, one of my employees is from there, though, so we love to joke about Morocco. Oh, that's funny. It's a great place, man. You should check it out. No, it's good. I actually really want to go. I make fun of jokes of all cultures. Doesn't mean I hate the culture. I make fun of Americans, too. We're Don't think I'm racist against Moroccans. I make fun of everyone. That's the fun of living in this world. Okay. Oh, great. And you just came back from Colombia for a wedding. No? didn't. We were in Colombia earlier this year for a wedding. Yeah. What the are we doing? Yeah. Her cousin was getting married. You have There's your cope for doing all these things are insane. All right, Capital Venture. Yes. Total fees. $29. We've been late plenty of times this year so far on this. Yeah. So, I I was uh enlist over the limit by $879. I was trying to enlist the help of a credit consolidation agency. Pretty sketchy. Yeah. It was kind of dumb. I agree. Why would you That was dumb. I was, like I said, I was looking for options um to save money on interest, trying to see where I can pull money from or what were my options as far as like what I can qualify to borrow. Why not make your payments while you're still doing that? Uh, so that that's what was sketchy about this whole They wanted it to go to collections and they would negotiate collections. Exactly. Yeah. I don't like it if your credit, but I I didn't like it either. And that's so that's why I stopped and pulled out the money depending on what situation you're in. You're just not in that situation. I I don't think so. Four credit cards. Yeah. Exactly. Yeah. So that that's why I stopped doing that. I pulled out the money that I was saving in their account and immediately put that to those cards. But it wasn't much. which was only $1,700 and did that for I'll put the normal monthly payment at about $125 because obviously you have to catch up with the $1,256. Oh yeah, that's crazy. $40 the late fees. So you've had okay three late fees this year so far probably just about. It's insane just on that card alone. And you're right. I mean, I don't see any spending on this cuz you were traveling your dick off but it's well above the credit limit now. So I wouldn't be able to see any spending on this. I haven't used it in a while. You can't. I can't. Yeah, I haven't been able to. I can't. Not that I This is what we got. Uh, once they got together, they're just endlessly traveling at least a dozen cities in a few countries constantly. Going to Puerto Rico a wedding cost $2,000. Dominican Republic for a week to see family $2,000. Went to California for a week, $2,000. Went uh, a cruise from Barcelona to Italy and uh, what is it? A visa. A visa, $6,000. going to Chicago. 34-day trip across Northern Africa and Europe. Croatia, Rome, Florence, Milan, Barcelona, Morocco, Portugal, London, Paris, $8,500. Went to the Eiffel Tower. Went to the proposal. Spending all their money in the world. The dream destination back to Morocco. Oh my goodness. And then we're going to go on a nice little honeymoon. I want you to travel. I want you to do all these things. I want everyone to do these things. Don't think I'm evil, saying I'm not wanting you to do it. I want you to do it in a financially healthy place so you don't your entire life. Uh, yeah, it's it's in a pretty bad situation right now. And that's a big part of the reason. I mean, your credit score is 513. It's pretty bad. It's the lowest I've had. Pretty bad. That's insane. That's one of the that's that's like on the bad bad scale. It really dropped that low within the last year or two. Dick. Okay. Yes. Because you're over max out. Yeah. I'll let you use the Fizz card. It's a credit debit. It's a debit card that builds credit. I'll see if they actually even let you have it. I'm sure they will, but what the I also get um if you ever have to switch careers when you move somewhere, I'll get you a course career certification. A lot of people of our audience and our guests have done it and they've boosted their resumes and their income a lot. So, what is it? Get those. It's a just it's a certification in whatever field you want. A lot of them focus on trades or tech for course careers, but it's free for you because you're a guest on the show. Thanks to All right. Well, I I have a few certifications, but it' be great to get more. Yeah. Discover it. Tell me what's going on. So, the discover card, what was I using? I mean, um I I will say one thing. I had a bit of a failing business. [Music] Um, so, I was because this will be very important to know as you're talking about scaling this new business. Yeah. Yeah. So I started reselling sneakers um back right before co um and I was getting some profit there. Oh yeah. Yeah. Um, and of course I was also just kind of buying some sneakers for my own collection like like the ones I'm wearing today. Oh good. Uh, yeah, they look like that's No, they don't. You just don't have tastes. You drive a Tesla anyway. Um, yeah. What does that even mean? Uh, it means that you're a normie. It's a car you could never afford. I wouldn't want that car. But you could never afford it. I'm sure I could eventually afford it. Not today. Not tomorrow. Not the track you're going on, big guy. All right, man. I'm 26. I got a whole lot times four. Got a whole lot of life ahead of me and a lot of abilities to learn and adapt and skills that I'm already learning like you did going to Morocco. Uh, uh, yeah, man. I picked up a little bit of Arabic. Great. Now you can do customer service. I don't know. Like what what do you want? Uh, what am I supposed to do? No, but anyway, more so I I was reselling sneakers. I decided I also wanted to start a clothing brand like every Gen Z person decides to do. Um, so I, you know, I took my graphic design skills, build it up a little bit more and, you know, invested in some inventory and a website and and popups. So was in New York City, so I was popping up in various parts of the city selling clothes and stuff. Definitely not a competitive clothes market at all in New York. Uh, yeah, no, I mean, people buy, but people also sell. So yeah. Did you What? What was the failing business? You you brought up this card failing business. Are you you went into debt for the business? I went into debt for the business. There it is. Okay. So, you never made an actual money net. Uh, no. No. Or or at least How long were you trying to do this? Just like he's trying to do his current thing. That that wasn't long. Maybe 6 to 8 months. How much debt did you go into for 6 to 8 months of this? I mean, just that was at least $2,000. Oh, dude. I just Why did you go into debt for it instead of try to close instead of cash flow it? That's a good question. Um, it was a matter of me investing into a product I had to have made overseas. Um, because it was actually cheaper to do that rather than having it made in New York for obvious reasons. Um, I was mainly making products that were just made to order. So, I didn't have to invest into any inventory. I was doing that for a while. Um, and I got a couple sales, but I didn't like what I was doing. Have you ever taken an entrepreneur class? I actually did study some entrepreneurship. Um, when I was in college, I knew he took one of the B Oh, in college. Okay. Yeah, in college. No, no, I didn't buy a course entrepreneurship. Okay. Cuz most of them are We have educational products, but at least they're top rated. I don't I don't trust buying courses. I've almost There are some good ones out there. It's just like 95% suck. Yeah. No, a lot of them suck. So, I just kind of avoid them. Um, and kind of mostly just opt for, you know, YouTube University. Um, and try to keep up with. Still lots of to sort through. Oh, of course. Yeah, definitely. Still a lot. Um, but do you still buy sneakers and do all this? I haven't. No, I haven't done that in a while. Okay. Colton's telling me he still buys sneakers. I mean, well, I mean, the last pair of sneakers I bought was over a year ago. I Yeah, I spent like I spent 400 bucks on them. There were Jordans from me and her matching pairs. Uh, yeah, that was over a year ago. How romantic. Okay. $5,863.60. Yeah, and60 on the Discover it card. $96 of interest ac minimum payment. $118. 23 years to pay this off. By the way, if you do minimum payments only without purchasing. But guess what? Oh, we purchase. Oh, baby. We purchase. $804 a purchase. said, "Why the are we purchasing on a card when we have other cards maxed out and it takes your entire lifetime so far essentially to pay it off?" I mean, I definitely avoid using that card whenever I can, Um, yeah. I mean, I must have And what's your avoid? Because the other one was incapable to spend on cuz you pushed it well beyond max. So, you had to spend it on this. Is that what avoiding is it? It's that I use my debit card to pay for things now because I can't I can't use my credit cards. And if I run out of money, I and I need things like gas for my car. Okay. Payroll is $3,44 that came in last month. How much did you spend? This includes some includes some interest going up because that adds to the credit card balances. But how much went out? We know inflow. How much was outflow in August? I spent over $2,200. In July, I spent over Okay. full full outflow in the month that we're looking at was $4,436. That had to have been in June or July, dude. Whatever month we're looking at, big guy. Yeah. Yeah. Okay. Wasn't June. July. July. Yeah. I I spent some money. July and August. July and August. Spent some money. What was I spent some money? I spent some money uh on what? Delaying the thing you want to do in 5 months or 6 months from then. What did I spend money on in that time? What did you spend money on in that time? Um, I mean, let's find out. You got some gas, you got some parking, you got some parking, and then you spent $31.80 at uh Graphicasana. Gra what? Graphicasana. Graphics. That's travel entertainment business of some kind. Graphicana. $31.80. Be honest. I don't remember. You got five. You got four purchases on this card. Gas, two parking, and then this. And you don't know what this is after four purchases. I can't. $31.80. How much? $3081. $31.80. Mhm. Oh yeah. Had to have been something. Guys, by the way, we've had approximately four late fees on this card this year so far. This is still the Venture card. Discover it. Discover it. I've had that many late fees on that card. Oh, you sure have, big guy. Oh, you sure have. Yeah. I did not expect that for that card. Oh, I knew for the Venture. Oh, sure. And the and the other Capital One card, but not that one. Oh, good. There's more coming. Wonderful. Um, you sure did. I can't recall exactly what that was. I know that in in August. And really just in general, we've been driving a lot back and forth to Tampa. That's where my parents live. Um, and when we do that, we spend a lot of money on gas. We might buy a gift. So, I can't recall exactly what that was, but it could have had something to do with that. What ethnicity are you? Cuz I thought you you you made a I thought you said you were like Arabic earlier, but then you said you're No, I'm not. No, people mistake mistake me for being Arabic. I'm I'm Hispanic. My parents are Dominican. Oh, okay. 20% interest rate on this thing, buddy. Almost $700 in interest this year so far on this card alone. Was it on the last card? On the last card, it was this year alone. So now we're up to $2,000 this year so far on interest this year. So far, this is why I was looking into options to save money on interest. And then I ended up in the whole, you know, credit consolidation Uh, yeah, yeah, it's a situation that uh I I need to handle between budgeting and uh and maybe giving ourselves more time where possible for this goal. Or goals. Um, but yeah, that card I I had been reaching for for that one especially because I had to uh, you know, invest in maintenance for the current car after selling the old one. What old one did you sell? I I sold the car that u that she was the one that she didn't like. That she didn't like. I sold it. What is your current car? I I drive a 2001 Camry. I I bought it used on marketplace for like $3,000 after Oh. Yeah, I mean, we're getting worth like 2160 20 216. Well, what made you sell the other car? Well, for one, it had I I it ended up just being too much between payments and insurance because it was a luxury car. It was an SUV, so wasn't great on gas. Wait, what was the purchase price on that car? What did you even get it for? It was It was 12,000 12,500. That's not that bad. Usually what I would advocate for for like a used car. It wasn't insanely high, but after how much money I had to put towards the debt and This debt. Yeah. Because I It didn't get like this overnight. It was already pretty bad before I even got that car. Okay. So, yeah. So, so I I mean I was paying like 350 on the payment, over 200 insurance after gas and everything. Like talking about like $700 a month. So, um that and she Yeah, she she even though it was a nice car and it wasn't the worst deal on a new car. Um, she felt like this wasn't the right time to be investing into a car like this. It's not investing into a car. I mean a used car. Like how much are you going to have to put into this car to keep it going? is the thing because like I'm like yeah like 8 8 to 10,000 hour car approved by multiple mechanics. It gets you to the place where you can drive it for a few years while you're getting out of the rest of your debt. I'm not saying get a $20,000 car, but I also don't want you to get a $3,000 car clocker that you in order to just get to your job requires you to put in two three four $5,000. That's when you don't have it. No, no, no, no. Um, do you know how long have you had this car? I've had it Let's see. I got it in April. Okay. So, it's been about four months. Not long. Not long. Um, but I did get it inspected. Um, $95 in the savings account. Okay. Or this checking account, I I mainly use that account to pay the credit cards and I'll put money aside in there. Typically, not gone from $43 to 95. Uh, Pixial Singapore card. I don't know what that is. Sing Singapore. What? Uh, I don't know. It looks like maybe a transaction fee. Okay. And then this checking account. This looks like the spending checking account. $6946. Yeah. Went and got some Hummingbirds. Spring Hill Rural King. I think those are just the farmers market. Do Well, why' you go you farmers markets more expensive than you can afford? We do. We go. That's where we do our grocery shopping. Support. Yeah, but dude, support your future goal. I mean, you can support everything you want, but you kind of have to focus when you have a limited income source on what you want to support. I want to pay off debt. I want to get a fully fun. I want you to get to where you want to move to. You can do that or you can go and spend more on everything you want to do. And if you choose that, that's fine. I'll support that as well. But choose what you want to do. You can't do it all. No, you you can't do it all mathematically. Farmers market. Farmers market. Going in get some Hulu. Spotify. H Peacock. Oh, and he overdrafted to get Peacock. No, no, no, no, no, no. That that that happened at the same time as my insurance payment because my my insurance on my car was I got the overdraft fee back, by the way. Insurance made an overdraft. and then Peacock made a second overdraft. I made I got both of those back. Great. Which yes, you can do when you put in the right money, but it's indicative of your behavior and spending. Why should we be having Peacock when we can't pay our debt when we're in the edge of being back and forth with cancelling subscriptions, but you have it right now, dude. And it's what made you overdraft. Apple bill. McDonald's is squared. Going in and getting into some That's TP. That's toilet paper. $100 of toilet paper. Uh, it lasts for a while. Better. Yeah, cuz TP fund is like a $100 a person. Okay. Which is anything else you need to survive outside of food and all the rest of the stuff we do. Cafe, spicy, nice pepper. Fruitful place. That's still farmers market. Yeah. Yeah, it's still This is so stupid. Julian's Julian's booby booby. I don't know. Going against some Selling up money. Miami old school AMC. Adobe for our 12,000 to 12. What is it? $2,500. I also use Adobe for my day job, which I've been trying to get them to pay for. Well, then they should pay for it. I agree. Uh, okay. That's That's laundry. That's fine. Cafe out of the closet. That's a thrift store, believe it or not. Yeah. Yeah, they're one of those smoke team water. And again, I'm good with charity, but it doesn't make sense to give to because you could give so much more to charity over the lifetime of your life if you actually buckle down, get out of debt, have a fully funed emergency fund, and then you can mathematically give more to charity than just a little bit here and there while you're trying to survive. See, that's great. Good cause, but like you can get so much more longer. Okay, sure. AMC, Chick-fil-A, Google One, Wendy's, and Cafe also. No. Yes, you may have gotten that 68 back, but you've paid an additional 68 this year so far in overdrafts. Okay. Robin Hood 67. So, I guess that's our retirement. 3154 started that. Yeah. Okay. This is silly. I don't really get it. Let's make a budget, please. All right, we got you with 3,300 for your income. Yep. Debt payments $459. Okay. That's your mortgage, your portion of your rent. Sorry. Uh, 900 is what I pay. Okay. 900. Uh utilities, everything combined, your portion, internet as well. It's about 100 bucks. Yeah. Between internet and electric. Good. Gas room vroom vroom vroom vroom vroom vroom vroom vroom vroom vroom vroom. Drive. Drive. I'll say about 150. Okay. Car insurance? Uh, just lower that to 64. 64. Okay. Yeah. Uh, food, you can do 300 to the pile. TP fund, 75 to the pile. Subscriptions, I'll give you 40. And I can give you some fun money. I'll give you like 100 with $190 of fund money. I can still have you at $1,000 left over, which do the math, pays it off in 22 months. That'd be great. 22 months. So, we're talking 2 and 1/2 years. Yeah, your debt's gone and you're in a fully funed emergency fund situation. Do that and then move. But we're not moving yet. We're not traveling yet. That's I mean, this is what where we're at, buddy. You just have to choose what you want. Yeah. I mean, I we want to move hopefully sooner rather than later, but you know the May not be there in 5 months. Well, here's what we're going to do. We're going to call your girlfriend in the post show and you are going to tell her no more travel. And I heard she might be pretty upset about that cuz she refuses to give up travel. But you're going to tell her that. Yeah. Okay. Well, we'll call her. Let's get her Hammer financial score. But before that, again, join Hammer Elite. Click that join button or link in the description below. And with that, three premium shows posted every day, Monday through Friday, including the post show for this episode. Spending a budget. Well, you overspent. Zero out of 10. Debt, no collections, but it's not the worst. Oh, but you were behind on debt. So, one out of 10. That was going to be like a two or three, but no. Emergency fund, nothing. 0 out of 10. Retirement. That's I'm not going to consider that. 0 out of 10. Real estate. No. 0. Wow. Okay. Well, barely rounded up.5 out of 10. Guys, I'm going to call the girlfriend. He's going to tell her no more travel. Put his foot down. I'll see you in the post show. Join Hammerly below. We just need to at least cut back. Like, we can't travel like the way we have been. Memories. What about the memories? That's that's not showing up in reality. Sounds really really selfish that you can travel your way to McDonald's and Chick-fil-A and stuff, but then you're saying no to getting on a flight. Like, just it's it's not adding up. Dylan told us that you guys were considering moving internationally in 5 months. Oh my god, did he really say that? Exclusive members content. Click the link in the description or pin comment below and watch thousands of hours of extra and uncensored content."
By Caleb Hammer | September 24, 2025 | Pending
From video
"Fascist America" Forced Him Into $22,000 Of Debt | Financial Audit 00:33:03 - 01:36:14
Interpreted Prediction
The failure rate for expats moving to Spain is reported as 73%, with lack of preparation and inability to adapt being leading causes.
AI Evaluation Notes
I will search for the expatriate failure rate in Spain to verify the prediction.

Prediction Details

Topic
Expatriate Failure Rate in Spain

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.