ilmscore | Evil Husband Forces Wife Into $372,130 Of Debt | Financial Audit

Predictions from this Video

Total: 34
Correct: 6
Incorrect: 9
Pending: 17
Unrated: 2
Prediction
Topic
Status
The hosts predict the couple can pay off their substantial debt in 5 years, stating it's 'not that bad'.
"I think 5 years to pay this off and it's not that bad, guys. It's not that bad."
Debt Payoff
Pending
A prediction that during the period of financial struggles, more consideration should have been given to joint financial decisions and shared responsibility, as both names were on certain financial obligations.
"You also had to during that whole entire time you should have thought about okay she's her names are also on certain things with me"
Financial Planning
Pending
A strong prediction that buying their current house was a 'really stupid thing to do' given their financial situation and the market conditions.
"This was a really stupid thing to do, guys."
Home Buying
Pending
Prediction that the value of their home has decreased since mid-year, following an initial increase at the start of the year.
"It has gone down in value since middle of this year towards it's gone up at the beginning of the year. Now it's gone down here."
Home Value
Pending
A prediction or observation that the monthly payment for their Jeep Grand Cherokee is $1,500, highlighting it as an exceptionally high amount.
"CHEROKEE FOR $1,500 A MONTH."
Car Loans
Incorrect
A prediction that a lack of financial progress is due to poor tracking, not necessarily bad luck or poor income, emphasizing the need for better visibility into spending.
"You're not broke because you suck with money. You just can't see where it's going. If your bank account is empty at the end of every month, that is not bad luck. That is bad tracking."
Financial Habits
Correct
A prediction that making energy drinks at home will be better tasting and more convenient, costing only 25 cents per serving.
"25 cents a serving. Make your energy drink at home. It tastes better and it's more convenient."
Energy Drinks
Incorrect
A prediction that making coffee and energy drinks at home will replace out-of-home purchases, with the speaker asserting their own success in making good coffee at home.
"NO MORE BUYING COFFEE OUT. NO MORE buying energy drinks out. Make it I do too. So I make good coffee."
Coffee Habits
Pending
A prediction or contemplation about the nature of their student loans, suggesting they might be a mix of subsidized and unsubsidized.
"I think it's all like what? Subsidized, right? All the subsidized student loans. You might have some unsubsidized. Let's see."
Student Loans
Pending
A prediction of a 'one out of 10' Hammer financial score for the couple, indicating a very poor financial standing.
"Hammer financial score. I mean, yeah. One out of 10."
Financial Score
Unrated
A prediction that their current weekly budgeting process is inaccurate and will remain so indefinitely if not corrected, as it's fundamentally flawed.
"Guys that's not an accurate budgeting process. No it's not temporary. It's going to be forever cuz you're budgeting incorrectly."
Budgeting Process
Incorrect
A prediction that refinancing their mortgage to a lower rate might be possible, despite the current payment of $1,766.21.
"$1,76621. You could refinance to a lower rate. That might be"
Mortgage Payment
Correct
A prediction that selling their home today would result in a financial loss, indicating a negative equity position.
"If you sold it today, you'd lose money. So this is not great."
Home Equity
Pending
A prediction that their Jeep Grand Cherokee is currently valued at approximately $28,000.
"The Jeep Grand Cherokee. It's worth like 28K now."
Car Value
Incorrect
A prediction or statement of fact that the mother still resides in the RV, which they are making payments on.
"She still lives in it."
RV Value and Usage
Pending
A prediction that making financial progress is impossible if one is unaware of their current financial situation, highlighting a lack of transparency or knowledge.
"You can't make progress towards a situation that you don't even know the situation."
Financial Responsibility
Correct
A prediction of intent to increase payments towards debt, though the feasibility is questioned due to their current financial state.
"We're going to pay a little bit more uh the"
Financial Planning
Incorrect
A prediction that joint financial responsibility should have been considered earlier, especially since both names were on certain financial obligations.
"You also had to during that whole entire time you should have thought about okay she's her names are also on certain things with me"
Financial Habits
Unrated
A statement implying a prediction or expectation that one partner would take over financial management, but evidence suggests this has not been effectively executed.
"I took over the finances, she said."
Financial Management
Incorrect
A prediction that financial difficulties stem from poor tracking rather than a lack of funds, emphasizing the need for better spending visibility.
"You're not broke because you suck with money. You just can't see where it's going. If your bank account is empty at the end of every month, that is not bad luck. That is bad tracking."
Financial Habits
Correct
A prediction that a specific car payment is due, with a note about its full amount and a potential implication of being behind on payments.
"YOUR LAST SCHEDULED PAYMENT IN FULL AMOUNT DUE 311"
Car Payments
Correct
A reflection that taking out student loans may have been an unnecessary or 'stupid' decision, as the funds could have been sourced differently.
"It was a kind of a stupid thing cuz I could have paid myself."
Student Loan Debt
Pending
A prediction that the person has a habit of finding excuses to spend money at Home Depot, suggesting a pattern of unnecessary purchases.
"You're just endlessly finding excuses to spend money in Home Depot."
Financial Habits
Pending
A prediction that financial improvement is impossible without a clear understanding of the current financial state, highlighting a lack of awareness or oversight.
"You can't make progress towards a situation that you don't even know the situation."
Financial Management
Pending
A prediction that this specific credit card has surprisingly been the only one with issues this year, implying a contrast with other cards.
"I think the only one this year on this card, surprisingly enough."
Credit Card Debt
Pending
A prediction or statement of fact that the monthly payment for a Jeep Grand Cherokee is $1,500, highlighting its unusually high cost.
"CHERO KEE FOR $1,500 A MONTH."
Car Loans
Incorrect
A prediction that financial progress is impossible without a clear understanding of one's financial situation, emphasizing the need for awareness and accurate data.
"You can't make progress towards a situation that you don't even know the situation."
Financial Discipline
Pending
A prediction that the individual habitually finds reasons to spend money at Home Depot, suggesting a recurring pattern of non-essential purchases.
"You're endlessly finding excuses to spend money in Home Depot."
Financial Habits
Pending
A prediction that the current market value of the Jeep Grand Cherokee is approximately $28,000.
"The Jeep Grand Cherokee. It's worth like 28K now."
Car Loans
Incorrect
A statement indicating an intent or claim of taking over financial management, which is then contradicted by evidence of financial disarray.
"I took over the finances, she said."
Financial Management
Pending
A prediction that their home's value has decreased since mid-year, following an increase earlier in the year.
"It has gone down in value since middle of this year towards it's gone up at the beginning of the year. Now it's gone down here."
Home Value
Pending
A prediction that financial shortfalls are due to poor tracking rather than a lack of income, emphasizing the need for better visibility into spending.
"You're not broke because you suck with money. You just can't see where it's going. If your bank account is empty at the end of every month, that is not bad luck. That is bad tracking."
Financial Habits
Correct
A strong prediction that the decision to purchase their current home was a 'really stupid thing to do'.
"This was a really stupid thing to do, guys."
Home Buying
Incorrect
A reflection that taking out student loans might have been a poor decision, as the funds could have been obtained personally.
"It was a kind of a stupid thing cuz I could have paid myself."
Student Loans
Pending
A prediction that the couple can pay off their substantial debt within 5 years, downplaying the severity of the situation.
"I think 5 years to pay this off and it's not that bad, guys. It's not that bad."
Financial Planning
Pending
A prediction that the couple can pay off their debt in 5 years, suggesting it's a manageable timeframe.
"I think 5 years to pay this off and it's not that bad, guys. It's not that bad."
Debt Payoff
Pending
A prediction of a 'one out of 10' Hammer financial score, indicating an extremely poor financial health.
"Hammer financial score. I mean, yeah. One out of 10."
Financial Score
Pending