Financial Audit’s Biggest Gold Digger
Published: 2025-06-02
Status:
Available
|
Analyzed
Published: 2025-06-02
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker suggests that all veterans who appear on the show receive substantial and ongoing disability benefits.
"There is not a single veteran that has come on the show that does not just get endless money for the rest of their life with disability."
Pending
The speaker projects that upon retirement, their combined monthly income from retirement pay and disability will be around $10,700, a slight decrease from their current $11,900.
"So we're looking at about similar to what we make now. Yeah, 6,000 in probably a year. I'm sorry, a month. A month. Okay. So, and that's just just by retirement purposes. So when when does that come in? So, we'll go from 11,900 to 10,700. When does that uh 290 days I retire? Uh, so February."
Pending
A specific credit card balance will take 31 years to pay off if only minimum payments are made and no further purchases are added.
"This also takes 31 years to pay off without purchasing a single thing on it throughout that 31 years."
Pending
A specific credit card balance will take 31 years to pay off if only minimum payments are made and no further purchases are added.
"This also takes 31 years to pay off without purchasing a single thing on it throughout that 31 years."
Pending
The current minimum payment on a specific car loan will require payments for five years.
"So, we're going to have a minimum payment for 5 years. Not a huge minimum payment, but it's stacking across everything."
Pending
The current minimum payment on a specific car loan will require payments for five years.
"So, we're going to have a minimum payment for 5 years. Not a huge minimum payment, but it's stacking across everything."
Pending
The speaker projects a 5-year payoff period for a car loan with minimum payments.
"So, we're going to have a minimum payment for 5 years."
Pending
The speaker projects a 5-year payoff period for a car loan with minimum payments.
"So, we're going to have a minimum payment for 5 years."
Pending
The monthly payment for a truck is $1,229.
"So, we're going to have a minimum payment of $1,229 to go to a military base. What the are we do? This is insane."
Pending
The minimum monthly payment for the truck is $1,229.
"So, we're going to have a minimum payment of $1,229 to go to a military base."
Pending
The truck payment consumes 11% of their monthly income, with the vehicle often sitting idle.
"The truck is taking 11% of our income on a monthly basis. 11% is just so it can sit in the driveway the majority of its life."
Pending
The speaker projects that all debts except the mortgage can be paid off in five years, assuming sacrifices and downsizing of vehicles.
"So, this is going to be a total of five years. Five years. And you we are bad debtree. All debtree except for the mortgage, which is totally fine. Hold on to the mortgage as long as you can until you want to move."
Pending
It is projected that a $30,000 emergency fund can be built in six months, and all non-mortgage debt can be paid off in five years.
"So we need to save up $30,000 for an emergency fund. Okay, so it's higher than $20,000. That's a lot. But that's okay. At that point, we'll have a lot of money we can put towards debt. That'll take about I honestly think six months. So, this is going to be a total of five years."
Pending
With sacrifices, including downsizing vehicles, all debts except the mortgage can be paid off in five years.
"So, this is going to be a total of five years. Five years. And you we are bad debtree. All debtree except for the mortgage, which is totally fine."
Pending
The speaker estimates that building a $30,000 emergency fund will take six months.
"So we need to save up $30,000 for an emergency fund. Okay, so it's higher than $20,000. That's a lot. But that's okay. At that point, we'll have a lot of money we can put towards debt. That'll take about I honestly think six months."
Pending
With a $500 monthly allocation for fun money, the projected debt payoff period is 4.5 years, with a projected monthly survival need of $5,000 after debt elimination.
"But this gives us debt payoff in 4 and 1/2 years. But then what we need to survive if we start Okay, so 8,393.74 is what you need to survive now, but we get rid of the debt except for the mortgage and you need survival funds of approximately $5,000 on a monthly basis."
Pending
With a $500 monthly allocation for fun money, the projected debt payoff period is 4.5 years, with a projected monthly survival need of $5,000 after debt elimination.
"But this gives us debt payoff in 4 and 1/2 years. But then what we need to survive if we start Okay, so 8,393.74 is what you need to survive now, but we get rid of the debt except for the mortgage and you need survival funds of approximately $5,000 on a monthly basis."
Pending
With a $500 monthly allocation for fun money, the projected debt payoff period is 4.5 years, with a projected monthly survival need of $5,000 after debt elimination.
"But this gives us debt payoff in 4 and 1/2 years. But then what we need to survive if we start Okay, so 8,393.74 is what you need to survive now, but we get rid of the debt except for the mortgage and you need survival funds of approximately $5,000 on a monthly basis."
Pending