$500,000 In Debt To Be Failed OF Model | Financial Audit

"No, I was a health and wellness influencer on Tik Tok. So, you know how [...] Back in 2020, all the big trendy Tik Tok dances were a thing. So, I was like doing the dances and putting [...] followed by a Tik Tok dance. [...] and then 2022 it kind of crept up 75k 2023 was like 90k. [...] and then 2024 it bumped up to like 225 250,000."

"So, I posted selfies. I posted photos [...] and I got a lot of views and I didn't know what to do with it. They started paying me AdSense in about 2023. [...] So, it started off as women commenting under my Snapchat photos saying 400 for post, 300 for post. [...] So, I started accepting that [...] and I was making like an extra 1,200 bucks a week. So, then I found out that that's against Snapchat's community guidelines and I was doing purely white. Have you heard of those teeth whitening ads? [...] So, I was doing teeth whitening ads on Snapchat every week, twice a week, and I was getting a base salary of $500 a week, sometimes up to 2,000 depending on when it was like a holiday season. [...] And then I added a couple select individuals onto my Snapchat and I started selling photos. No nudity. [...] Anywhere from $100 a photo to like $500 a photo. [...] I ended up making $50,000 in my first month. And then 60 in my chat."

"So, I had managers on my Snapchat account who were posting for me every single day to the point where they were just recycling old photos of me to keep me on trend. So, I was getting in like a 100,000 to a million story views a day, good traction. So, when I started this other subscription account, I set it at $10 and I started promoting it. [...] So, I ended up making $50,000 in my first month. And then 60 in my chat. [...] I started with 50 60 and then it leveled out at 20 a month."

"So, I paid my managers 15%. [...] I traveled a lot. I bought [...] down payment was 70k. So, a lot of that went to that [...] You bought your mom a house? [...] Yeah. [...] down payment was 70k."

"I bought it for 327. [...] She paid sometimes. [...] Um, she was. And then [...] I love the heart of it. [...] One of my goals is to pay off my parents' mortgage. So I mean, I get it, but like what the [...] 2024 May 2024, I bought it. She paid June, July, August, September, and then we got hit by hurricanes, two hurricanes back to back last year. [...] And she's a full-time DJ, so she lost all of her gigs for about two months. [...] Four to 5,000 a month. [...] No, this is a monthly payment of $2,421. That's insane. That's half her income. [...] she paid back. So, we both got a forbearance. [...] Um, so I got a forbearance on both properties. [...] So, she paid up until well like we took out the forbearance then she was behind but then she ended up reconciling that in the springtime. She was ahead. She was or she was on time and then July, August, September, she did not pay [...] this year. [...] The only reason I was able to reconcile July August was because my grandmother sold her house for cash and she gifted me. [...] Yeah. Jul July, August. [...] She paid back. So, we both got a forbearance. [...] Um, so I got a forbearance on both properties. [...] So, she paid up until well like we took out the forbearance then she was behind but then she ended up reconciling that in the springtime. She was ahead. She was or she was on time and then July, August, September, she did not pay this year."

"So, it's a lower cost of living. And I also um I said a prayer and I said, "God, I'll go wherever you want me to go." And he pointed Fort Worth out to me and I just It's a whole thing. So, I have a tenant renting out [...] Yeah. [...] So, I'm [...] So, I have two properties. I'm a little bit It feels drowning. Yeah. Very much. [...] September 27th. I'm driving out here. [...] Yes."

"You have substantial debt. not mortgages. We're talking over $20,000. All that combined, we're talking almost $500,000. [...] and then Wells Fargo 10,5 Wells Fargo bank card $1,500."

"The Built card. You'd think you paying rent on here, but one, we don't have rent yet. Anyway, that's the whole point of this card, though. What's going on with this card? I got it when I did have a rent payment. So, I used it, paid it off, no problem. I started using it more when I maxed out those 0% interest APR cards because from the time I I basically went eight months unemployed. So, in those eight months between stopping all my social media stuff, aka fanfiction, [...] 0% interest. [...] Well, in one day, tomorrow it starts acrewing interest tomorrow. [...] Eight almost basically $9,000. That's crazy. [...] Yes. [...] Okay. So, I want to get that one paid off soon."

"Do you tithe? I do. [...] 10% everything. It's impossible for me to take that away because like I can take away someone's going and around and doing all this dumpster. I can take away someone's only spending. [...] Yep. So that's 10% out every paycheck. So bi-weekly."

"So yeah, I paid $10,000 for a a finance course. [...] Those business coaches that I was paying $1,000 a month. [...] So, I had a financial coach. you. It wasn't even a [...] It was 10,000. I will say that that person did save me money come tax season. But [...] It was one piece of advice that he gave me. To file as an escorp."

"IRS debt $12,487 still owed. [...] I'm paying $1,120 a month until May of next year."

"Okay. Bad debt. We got it. Let's minus the [...] $42,80 of bad debt. 682 bucks on a monthly basis. 61 months, 5 years to pay it off. I think you could, you know, you'll continue to bring in more money. I think you'll bring that down to about four years. I think you'll be out of debt."

"I think you'll be out of debt. I have a fully funed emergency fund in about four years."

"How much for dog food? Uh 350 a month. [...] 300 to 350 but"

"So, I ended up making $50,000 in my first month."

"And then 60 in my chat."

"I started with 50 60 and then it leveled out at 20 a month."

"down payment was 70k."

"May 2024, I bought it."

"I bought it for $327."

"September 27th. I'm driving out here."

"I bought it for $2.47."

"4 years to pay it off."

"I think you'll be out of debt. I have a fully funed emergency fund in about four years."

"So, I ended up making $50,000 in my first month."

"And then 60 in my chat."

"I started with 50 60 and then it leveled out at 20 a month."

"down payment was 70k."

"May 2024, I bought it."

"I bought it for $327."

"September 27th. I'm driving out here."

"I bought it for $2.47."

"4 years to pay it off."

"I think you'll be out of debt. I have a fully funed emergency fund in about four years."

"So, Tik Tok was the original place I started making money from brand deals. That's not adsense, I'll tell you that. Tik Tok doesn't pay. Yeah. The most it was like 250 in a month from that. So, it was mostly brand deals. It was mostly because I was a personal trainer and I was selling online personal training services."

"And that's where I started making the most money was actually Snapchat. So I started that in about 2022. It was the same thing, just health, health, health. No, because my audience on TikTok was 94% female. So I catered to them with the health and wellness piece. My audience on Snapchat was 94% male. So, I posted selfies. I posted photos and I got a lot of views and I didn't know what to do with it. They started paying me AdSense in about 2023."

"So, I had managers on my Snapchat account who were posting for me every single day to the point where they were just recycling old photos of me to keep me on trend. So, I was getting in like a 100,000 to a million story views a day, good traction. So, when I started this other subscription account, I set it at $10 and I started promoting it. And the thing is, similar to only, you could tip the creator five, 10, 15, however much you want to message with them privately, and I didn't want to do that. So, Yeah. So, I ended up making $50,000 in my first month. And then 60 in my chat."

"So, the down payment was 70k. So, a lot of that went to that and then not really clothing so much. I just that's it. I just lived and didn't really think about it cuz I figured that would last and then I realized It would have lasted at least a while."

"So, it's an A-frame and it's really cute. And she said, "What? When my I didn't know what the why don't When my sister is out of school, we're going to turn it into an Airbnb or a rental. I have a good amount of land." Good luck. Airbnb market."

"She paid back. So, we both got a forbearance. Uh, so I got a forbearance on both properties. Um, both prop. You own a house? Oh, yeah. Yourself? I do. So, why did I have a note you were considering moving to Texas if you have two houses there? That's also a Yeah, that's a lot to get into. What also your job? I've worked remote. You have a house, but when did you get this house? This other house? Uh 2023. Um, so that was that was before boobies. Yes. That was based off of just brand deals, social media, you know. So, I was doing pretty well and then I got a lot of money and I spent it really fast. It's all gone. It has to be. It's all gone cuz there's nowhere on the show unless you have substantial debt. Okay. So, she paid up until well like we took out the forbearance then she was behind but then she ended up reconciling that in the springtime. She was ahead. She was or she was on time and then July, August, September, she did not pay"

"Yeah. So, I'm So, I have two properties. I'm a little bit It feels drowning. Yeah, very much. I think Brandon from Fort Worth, the translator of the show, you know him, was quite interested until he heard all the Christian prayer stuff because dude needs to stick it in in order for him to Continue it. Yeah. Sticking it in. Yeah, it's a deal breaker for me. We wait till marriage. Yes. You too. Okay. Okay. Good luck, guys. We'll send you on a vlog date after this. Great. Well done. Maybe if you're lucky, Brandon. By the third date, you'll get a handheld. Maybe. It's so interesting because you literally were posting like it had to be like an a half an inch away from full exposure in Areola. I didn't even do like really provocative poses or anything. Um, Okay. Um, and then mom's house. We still want to keep it trying. Yeah. Uh, with mom staying in there. So you said move out once. Where are you going to where is she apparently supposed to go post uh sister moving out? That we don't know. I think she wants to buy a van and do van life. The is wrong with your mom? She sounds so weird for an older person. Yeah. Um, like if it was you, it's Yeah. What? What are you showing me? Like the the skin issues is from, you know, we have an interesting dynamic. So like I'm pretty much the mom and she's pretty much Yeah. So when you hear us on the phone talking, you'd be like, I don't know who's who. Kind of. I give a lot of advice. I try not to lecture her cuz then she gets really mad. Well, yeah, I don't think parents like that from kids. Yeah. Specifically, I guess we'll look at the grandma's house first and then we'll get into these other statements. Not grandma's, mom's house, and then we have a lot of credit cards to go through. Uh, but $6,000 is what comes in. Yeah, I would say if you have to make a $2,500 payment on one house and then you have another house as well, and we're trying to move. When are you moving to Fort Worth by? Uh, September 27th. I'm driving out here. It's official. Yeah. Wait, we're in September. I have a place. This is in 10 days. Yes. Wait, what the Why? What do you I'm I'm flying back and then I'm driving out here. Why do you have to do this now? Because that's timeline."

"So, when I was doing fanfix, my business coach wanted to start a school community with me to help for like women empowerment. That was a huge issue. But I still have the school community. It's a little bit different now. But I had the vision that I would leave FanFix and then all of a sudden my school community, which is also $10 a month, would just ramp up because she had she was the admin of a couple Facebook groups of women who she said would be a good target audience. So, we were going to market my school community to them."

"To file as an escorp. Yeah, I know. So, yeah, I filed as an escort for 2024 and I had employees during 2024."

"Because I was traveling a lot and I needed help. Why not traveling? You were just posting almost I had friends that like to travel so I traveled. For fun. Yeah. Yeah. And you had two to book your travel just to like babysit my dog to be quite honest and grocery shop and like maintain the house while I was gone. There's third party services that do that on the cheap. I know you. They were my friends and I wanted to hire them so I paid them 25 bucks $25 an hour."

"So, $10,000 hours and we learned to do escorp. Yes. Wow, that was, ladies and gentlemen, we conquered the business world. Really got a good return on Did you save $10,000 in taxes? I saved about 20,000."

"I'm paying $1,120 a month until May of next year. Yeah, this is [__] wild. And you just weren't expecting it at all. The taxes to pay taxes last year. I was I paid quarterlies twice. And then Not believe those four. That's why they're a quarter. Yep. And so then when the hurricanes came through, they said you don't have to pay them until February of 2025. And then by then I still didn't have the money to pay them. So I just waited till tax season to find out what my total was. And then I said, "Oh, well, I can't that either." So, at least I am paying something."

"So, we're just headed down. This is just transfers back and forth. We got a service fee of monthly. Then $69 in this account down from 511. Yeah, it's a grim situation. Yeah, it's Canva, PayPal out money. Hey, this is We don't have savings. We don't have anything."

"682 bucks on a monthly basis. 61 months, 5 years to pay it off. I think you could, you know, you'll continue to bring in more money. I think you'll bring that down to about four years. I think you'll be out of debt. I have a fully funed emergency fund in about four years. I would bet if you actually budget and go, you know, hard and go go crazy."

"And then, you know, you're going to bring in more money. I think you'll bring that down to about four years. I think you'll be out of debt. I have a fully funed emergency fund in about four years. I would bet if you actually budget and go, you know, hard and go go crazy. And then, you know, you're going to bring in more money. I think you'll bring that down to about four years. I think you'll be out of debt. I have a fully funed emergency fund in about four years. I would bet if you actually budget and go, you know, hard and go go crazy."

"Real estate is the only thing that's carrying us, but you would at best break even selling both places. The interest rates aren't great. One's kind of renting, but not in a cash flow position, especially with setting money aside. It's weird. It's this isn't great. It's very middle of the road."

"The mortgage situation's weird and you're not paying it. And I will IRS that there it is. 0 out of 10. Emergency fund, no savings, 0 out of 10. Retirement, I didn't see it. 0 out of 10. Real estate is the only thing that's carrying us, but you would at best break even selling both places. The interest rates aren't great. One's kind of renting, but not in a cash flow position, especially with setting money aside. It's weird. It's this isn't great. It's very middle of the road."

"Last week, you borrowed money from your dad. I did. For why? But I had autodraft and they took out my mortgage payment. Right before coming on the show, you said, "Oh, I'm good for the last month." Now, you come on the show and you borrow money from dad. What the is going on?"