ilmscore | 100+ Years Of Insane Debt | Financial Audit

100+ Years Of Insane Debt | Financial Audit

Predictions from this Video

Total: 31
Correct: 8
Incorrect: 2
Pending: 20
Unrated: 1
Prediction
Topic
Status
The speaker is confident that Bitcoin will reach $130,000 by the end of 2025. This indicates a bullish outlook on Bitcoin's price appreciation within the next year and a half.
"I'm confident it will reach $130,000 by 2025."
Debt Repayment Strategy
Incorrect
The speaker aims to be debt-free within the next 12 months. This suggests a focused plan on aggressive debt reduction and financial solvency within a year.
"I'm trying to be debtree in the next 12 months."
Personal Finance Goal
Pending
The speaker notes that the economy crashed but the job market remained strong. This implies that despite broader economic downturns, demand for specific luxury goods like French Bulldogs remained robust.
"The economy crashed, but the job market was still good."
French Bulldog Breeding Market
Pending
The speaker highlights that French Bulldogs were once selling for extremely high prices, indicating a market bubble that has since burst.
"There were dogs selling for 200 $250,000."
French Bulldog Market Bubble
Correct
The speaker rates a specific house as a 3 out of 10 due to its condition, single bathroom, and lack of potential for improvement. This suggests a negative outlook on the property's value and livability.
"The house itself is [ __ ] It's going to be impelled, [music] one bath. It's It's not great. I'm going to say three out of 10 on the house [music] score. Closet's not really going to help build that up much. I'll tell you that."
Real Estate Market
Incorrect
The speaker plans to aggressively invest or save once they are debt-free. This indicates a future focus on wealth accumulation after clearing existing debts.
"As soon as I get like bad debt free, I'm planning on, you know, putting as much money."
Financial Independence
Pending
The speaker suggests that a specific rare truck model (2002-2006) is not commonly available. This implies that its rarity could lead to future appreciation or high demand for collectors once the owner is financially able to pursue it as a hobby.
"There are less than 1,200 exactly from 2002 to 2006. They're not exactly [ __ ] running around hobby searching for it when you can financially afford it."
Car Market
Pending
The speaker intends to improve their current house in the future, potentially through renovations or additions, to increase its value or appeal.
"I'm planning on building it up a little bit. Maybe"
Future Housing Plans
Unrated
The speaker was informed that their career progression would be limited to an assistant manager role for an extended period, prompting them to seek other opportunities.
"They told me that I'd be stuck at the assistant manager position for years."
Career Advancement
Correct
The speaker canceled a warranty plan, which reduced their loan term. This indicates a proactive step to manage their vehicle financing and reduce overall debt exposure.
"I canled my uh protection plan, my 7-year warranty thing cuz it was scammy. And it extended my loan by X amount of years. So, I'm actually 26,000."
Car Market
Correct
The speaker expresses a desire to be debt-free and then plans to invest. This signals a future intention to allocate funds towards investments once financial obligations are met.
"The speaker intends to aggressively invest or save once they are debt-free. This indicates a future focus on wealth accumulation after clearing existing debts."
Investment Strategy
Pending
The speaker decided to seek a new job after being told they needed to prove their capabilities for a promotion, indicating a proactive approach to career growth.
"And so, I went because they were just telling me like, "Hey, yeah, we're going to need you to prove you're able to do this, blah, blah, blah." And I was like, "Okay, well, then I'm going to go get another job.""
Career Advancement
Correct
The speaker views their current property as a temporary investment, intended to be held for only a few years before moving on.
"It's a direct stepping stone. I mean, it's not somewhere that I intended to be for more than a few years."
Real Estate Investment
Pending
The speaker admits to having a fondness for acquiring and potentially restoring older, high-maintenance vehicles like two Jaguar models, suggesting a costly hobby.
"I have a pension for pain. So, I have two old Jaguars and then I bought uh"
Car Market
Pending
The speaker has a clear financial goal to become debt-free within the next 12 months, indicating a short-term focus on debt elimination.
"I'm trying to be debtree in the next 12 months."
Financial Goals
Pending
The speaker gives a low score to a house, indicating dissatisfaction with its condition and amenities, suggesting it's not a desirable property.
"The house itself is [ __ ] It's going to be impelled, [music] one bath. It's It's not great. I'm going to say three out of 10 on the house [music] score."
Real Estate Investment
Correct
The speaker is advised to sell all but one car (a Jaguar), which they intend to keep due to its perceived aesthetic appeal and perfection, suggesting a sentimental or value-based decision for that specific vehicle.
"Sell the other ones. Sell the other ones. I'm not selling Jag because it's too pretty. It's too perfect. It is."
Car Market
Pending
The speaker was given a requirement to prove their capabilities before being considered for advancement, indicating a performance-based hurdle in their career.
"And so, I went because they were just telling me like, "Hey, yeah, we're going to need you to prove you're able to do this, blah, blah, blah.""
Career Advancement
Correct
The speaker has plans to make improvements to their property, possibly for personal use or to increase its rental value, indicating future investment in the real estate.
"I'm planning on building it up a little bit. Maybe"
Real Estate Market
Pending
The speaker reiterates their goal to eliminate all debt within the next year, showing a strong commitment to financial recovery.
"I'm trying to be debtree in the next 12 months and I"
Personal Finance Goal
Pending
The speaker intends to maximize their savings and investments once they are free from debt, indicating a future focus on wealth building.
"As soon as I get like bad debt free, I'm planning on, you know, putting as much money."
Financial Independence
Pending
The individual plans to be debt-free within the next 12 months.
"I'm trying to be debtree in the next 12 months."
Debt Repayment
Pending
The individual hopes to rent out their house, which they bought for $235,000 and now owe $247,000 on.
"I'm hoping to rent it. I bought it for 235, like everything included, and now I owe 247 is is the other part of that."
House Sale
Pending
The individual estimates they could get $19,000 by selling their truck, optimistically waiting for the right buyer.
"I could probably pull like 19,000."
Car Sale
Correct
The French bulldog breeding trend is acknowledged as a past phenomenon.
"It was a trend. I love French bulldogs. But come on. Just like everything, it was a trend."
French Bulldog Breeding
Correct
Based on minimum payments with no further purchases, a specific credit card debt is projected to take 45 years to pay off.
"Minimum monthly payments, no purchases. This takes 45 years to pay off."
Credit Card Debt
Pending
The individual cancelled a 7-year warranty on their car loan, which had extended the loan term, and now owes $26,000.
"I cancelled my uh protection plan, my 7-year warranty thing cuz it was scammy. And it extended my loan by X amount of years. So, I'm actually 26,000."
Car Loan
Pending
The individual is advised to sell all cars except the Jaguar and potentially the truck, with an optimistic estimate of $19,000 for the truck.
"Sell the other cars. Liquidate everything else other than the Jaguar in your car. And how much could you get? Um I optimistically if I were to wait and wait on the truck. I could probably pull like 19,000."
House Sale
Pending
Once deferred debts are paid off within the next year, a snowball method is predicted to result in a 5-6 year debt-free timeline.
"Once all the deferreds are gone though, which will all happen in the next year, then it'll be a much better situation. Yes, you will snowball. You will snowball at that point. Once that's done, I mean, it's still probably like a 5year process, sixear process, but what would I would do instead?"
Financial Future
Pending
The house is rated a 3 out of 10, with a mention of it being 'impelled' and having one bathroom, indicating a low quality for its value.
"It's going to be impelled, [music] one bath. It's It's not great. I'm going to say three out of 10 on the house [music] score."
House Value
Pending
Plans are in place to seriously and genuinely rekindle a lost friendship in the post-show segment.
"We are going to call his long lost friend in the post show and we are going to we're going to No, no, we're going to do it right. We're not going to do it in a way. We're going to do it rekindling. I want to be actually serious about it. We're going to do it very real."
Friendship Repair
Pending