She Came Here To Fight Me | Financial Audit
Published: 2025-07-25
Status:
Available
|
Analyzed
Published: 2025-07-25
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker predicts that the individual needs to improve their financial score to a 2 out of 10 and join Hammer Elite for financial advice.
"You need to make more money. Two out of 10 is your Hammer financial score. Join Hammer Elite. Come check out all our shows like our new show Behind the Audit or Hammer uh Hammer It Out where we accept your calls and we give our advice and everything like that."
Pending
Student loan repayment plans are changing, with new standard 10-year payoffs or adjusted income-based plans taking 10-20 years to pay off.
"They've gotten rid of all the new income based things or all the old ones. It's new now. Now, there's a standard 10year payoff or there's a slightly adjusted one for income that takes 10 to 20 years to pay off if I'm not mistaken."
Pending
The speaker predicts that failure to save for retirement due to spending on vacations will lead to reliance on others and regret in old age.
"You're going to cry when you're 59 and a half or 65 and you didn't put any money aside for retirement. You're going to be like, "Why are other people paying taxes so I can retire?" because you chose to go on vacations now instead of actually sacrifice like the rest of us."
Pending
The speaker predicts that continuing to use debt as a means of survival without changing behavior will not yield different results, as it has not worked in the past.
"You just keep doing this over and over again and you're expecting different results, huh? I mean, it was really kind of just a means of survival. I know you don't like me saying that, but I know. But it didn't even work, though."
Pending
The speaker predicts that the individual needs to increase their income and suggests joining Hammer Elite for financial advice and to improve their financial score.
"You need to make more money. Two out of 10 is your Hammer financial score. Join Hammer Elite. Come check out all our shows like our new show Behind the Audit or Hammer uh Hammer It Out where we accept your calls and we give our advice and everything like that."
Pending
The speaker emphasizes the need for personal sacrifice to improve one's financial situation.
"You need to sacrifice for your life. You need to sacrifice for your life. You need to sacrifice for your life."
Pending
The speaker predicts that the individual is living a consumerist lifestyle and feels entitled to it, which is seen as a negative trait.
"You are living that American consumerism life and then you think you're entitled to it, which is actually kind of crazy. It is crazy. We love to spend."
Pending
The speaker predicts a repeated cycle of debt accumulation and consolidation, indicating that current financial strategies are not working.
"And all this was is a consolidation. Uh you paid off a previous consolidation loan, then you fell back into credit card debt. Then you had to consolidate again. And now you're falling back into credit card debt. There's a repeated cycle. It is not working. It does not work."
Pending
The speaker predicts that the current job does not pay enough money and advises seeking a higher-paying social work role to improve financial stability.
"The reality is uh and that's with no fund money. And I wish I could, but the reality is this job does not pay enough money. You need to go work a social work job that maybe you like a little less that makes more money."
Pending
The speaker predicts that life insurance is a crucial financial decision for anyone with dependents and income.
"However, if you got a family or anyone else that depends on you and your income, there's one financial decision that is a no-brainer and you can't put it off. That is getting life insurance."
Pending
The guest took out a consolidation loan to lower minimum payments on credit cards during a period of unemployment, suggesting a cyclical approach to debt management.
"I know, but I got that one when I didn't have a job, so it was going to be cheaper to then pay the 3.42 and have a lower minimum payment on my credit cards versus"
Pending
The guest paid $2,500 to finalize their degree due to a pause in FAFSA funding, impacting their ability to manage student loan payments.
"Then they said that oh FASA was on a pause so I had to pay out the rest. So, it's roughly like I was almost done. So I think I paid like 2,500 just to then get my degree."
Pending
New legislation will allow for wage garnishment for unpaid student loans, affecting future borrowers and highlighting the importance of timely repayment.
"It has been announced with the bill that just signed the other day. It has changed to student loan repayments. It is for all future borrowers, but they will come garnish your wages if you do not pay on your student loans."
Pending
Choosing vacations over retirement savings will lead to reliance on taxpayer-funded support in old age, implying a societal burden from individual financial choices.
"You're going to be like, "Why are other people paying taxes so I can retire?" because you chose to go on vacations now instead of actually sacrifice like the rest of us. You entitled brats."
Pending
Consistent saving and avoiding excessive spending, combined with the power of compound interest, can enable a comfortable retirement.
"You can if you saved and didn't spoil yourself constantly. 100% you could. Compound interest is on your time. Time is on your side."
Pending
Prioritizing immediate gratification over future financial planning, specifically retirement savings, will inevitably lead to dependency on others or social safety nets.
"You choose the fun. You're choosing the now. And then you're going to come crying and say the rest of us have to take care of you when you did not prepare for retirement."
Pending
Individuals who fail to save for retirement will likely face financial hardship in old age, and may become a burden on those who did make sacrifices.
"And then we have to give more for you. And it's I think you're definitely going to hate that I am planning a trip to Chicago as well."
Pending
A 6% 401k contribution is insufficient for adequate retirement savings; a minimum of 20% is recommended.
"You just started um you just started contributing to your 401k. and it's only 6%. That is not going to get you there. It should be minimum 20% though."
Pending
Opening new credit cards to reduce credit utilization ratio can temporarily lower the ratio, but does not address underlying spending habits.
"I was using my my credit card utilization. It was like around 40% that I was using and funies. It suggested getting a credit card to lessen that utilization and it did."
Pending
Credit scores are viewed as a mechanism for lenders to profit from consumers, and actively managing them can be seen as participating in a system designed for financial gain by others.
"Yes. Yes. But a credit score is literally just indication of whether or not they can make money off of you. It is a game, You are telling them they can make money."
Pending
Allowing a credit card to go into default might be a more beneficial strategy than repeatedly using ineffective debt management techniques, as it would prevent further spending.
"If you're going to go through all that and it clearly hasn't worked previously, let the credit card go into default. I've never thought about that. Well, I'm not advocating for it, but instead of going through all these things that you have proven not to work, just look where we are. At least you wouldn't be able to spend on those credit cards in that case. It may have been more beneficial in the end."
Pending
The guest has rolled over negative equity into a new car loan, meaning they owe significantly more on the vehicle than it is worth, indicating a poor financial decision.
"Great. So rolled over negative equity. $11,136.72 cents. What do you think it's worth? Not much. I think maybe $7,000."
Pending
Losing a $1,000 monthly income stream, potentially from a grandparent's care, would significantly impact the guest's ability to afford their mortgage, increasing housing costs to 46% of their net pay.
"And that's going to be really difficult because that covers a part of your mortgage situation. I know it's okay. I I love my grandparents, too. It's going to devastate me the day that, you know, sadly that happens. But, um and I'm not advocating for it. I'm just saying that's very impressive cuz right now with your income, this is 34%. I'm relatively comfortable with that with your net pay. Okay. But without that, all of a sudden, we start getting a little concerned here with the $1,327 a month mortgage payment. All of a sudden, you lose $1,000. That becomes 46% of your pay."
Pending
The guest acknowledges electrical issues in their house but cannot afford an electrician, suggesting a lack of emergency funds for necessary home repairs.
"So, I guess maybe put that in the budget to afford an electrician. You need to fix your electricity. What does that even mean? Have you not paid your bill? What are you saying? Um, I know there's some electrical problems in my house cuz I definitely did rush to build I have no idea. I just don't want to afford an electrician."
Pending
The guest has student loans and is currently in a grace period, but anticipates a minimum monthly payment of $300. They also paid $2,500 to finalize their degree due to FAFSA pauses.
"I do have student loans. No. Unless I just don't want to pay my student loans and then go back to school. But I had to pay out and then at the beginning of the year they said that oh FASA was on a pause so I had to pay out the rest. So, it's roughly like I was almost done. So I think I paid like 2,500 just to then get my degree."
Pending
Recent changes to student loan repayment plans have eliminated some income-based options, standardizing payoffs to 10 years or a 10-20 year adjusted income plan.
"Student loan repayment has changed. They've gotten rid of all the new income based things or all the old ones. It's new now. Now, there's a standard 10year payoff or there's a slightly adjusted one for income that takes 10 to 20 years to pay off if I'm not mistaken."
Pending
Failure to pay student loans, even after leaving school, can result in wage garnishment, indicating stricter enforcement of repayment obligations.
"And also, if you don't pay your student loans, even when you're not in school, they will come and garnish your wages now cuz now they don't care. Garnishments are about to start."
Pending
Individuals earning $70,000 annually are still struggling with student loan payments due to poor spending habits, highlighting that income alone does not guarantee financial stability without responsible management.
"I'm making $70,000. Does it make sense? Then they spend all their money on bull and then I wish I made $70,000. Yeah, but you spend all your money on bull regardless. And then you're probably like, "Well, I don't have enough money to pay for my student loans.""
Pending
The guest took out a consolidation loan to simplify payments during a period of unemployment, indicating a strategy to manage multiple debt obligations.
"So, I got a consolidation loan because uh all of my minimum payments were much more than just the minimum payment for the loan, and I thought it would be easier to pay that one bill whenever I didn't have my full-time job."
Pending
The guest acknowledges a repeated cycle of debt management that has not yielded positive results, labeling it a 'means of survival' despite its ineffectiveness.
"So, you just keep doing this over and over again and you're expecting different results, huh? I mean, it was really kind of just a means of survival. I know you don't like me saying that, but I know. But it didn't even work, though."
Pending
The guest lacks an emergency fund due to spending on non-essential items, forcing them to use credit cards for emergencies and then failing to prioritize paying off that debt, leading to a lack of empathy from the speaker.
"I know, but you don't have an emergency fund which you should but you don't because you spend money on why but okay whatever. Now you don't have an emergency fund you put it on a credit card. Great. Now sacrifice everything in the world in order to pay off that credit card. That is what you do. That is not what you did. So no I do not empathize."
Pending
The guest incurred credit card debt for a pet's medical emergency (amputated leg) and faced further financial strain due to lack of a full-time job during their schooling.
"He had to get an amputated leg as well too. So that was using a credit card and again all the whole hard to have a fin emergency fund. I mean I had Well, I didn't I also didn't have like a job like a full-time job for a while because of my school"
Pending
The guest completed a 32-hour unpaid internship, impacting their ability to earn income and manage expenses.
"Yeah, but I had to work 32 hours unpaid for an internship."
Pending
The guest attempted to repair their car themselves but ultimately traded it in with the alternator issue, leading to rolling over negative equity into a new car loan.
"It just started breaking on me. And I tried so hard to get it fixed. I went on YouTube. I changed the starter, changed the battery, spark plugs, fuses, and it ended up being the alternator. I didn't know that at the time."
Pending
Homeownership incurs additional costs like repairs (e.g., electricity) that renters do not typically face, regardless of initial mortgage payments.
"So, no, it is not always more expensive, even if it is literally on paper. Amazon Chase. You need to pee. No. Fix your electricity."
Pending
Losing $1,000 in monthly income, potentially from a grandparent's contribution, would significantly increase the mortgage payment burden to 46% of the guest's net pay, causing financial concern.
"And that's going to be really difficult because that covers a part of your mortgage situation. I know it's okay. I I love my grandparents, too. It's going to devastate me the day that, you know, sadly that happens. But, um and I'm not advocating for it. I'm just saying that's very impressive cuz right now with your income, this is 34%. I'm relatively comfortable with that with your net pay. Okay. But without that, all of a sudden, we start getting a little concerned here with the $1,327 a month mortgage payment. All of a sudden, you lose $1,000. That becomes 46% of your pay."
Pending
A significant portion (40%) of property taxes collected by the city is redirected to other districts by the state, illustrating a system of tax redistribution that impacts local funding.
"It doesn't even matter cuz it's meant to fund our own city, but then the state takes like 40% of the property taxes we even pay. It's kind of that's insane. It pays for other districts that can't fund their own properly."
Pending
The guest received an email estimating a minimum monthly student loan payment of $300.
"I did get an email saying that it could be like 300 minimum. So, I just said I did get an email saying that it could be like 300 minimum."
Pending
To address debt, the guest should seek a higher-paying social work job and allocate an extra $1,000 monthly income towards debt repayment, which could clear non-mortgage debt in approximately three years.
"You need to go work a social work job that maybe you like a little less that makes more money. You need to boost your income. That boost income does not boost lifestyle. So you then throw that $1,000 hopefully extra that you make on a monthly basis and you throw that towards your debt and you pay off your debt not including mortgage and call it 3 years probably and you could do that and that's pretty fine."
Pending
Obtaining a social work license requires a $230 fee for the test, an expense the guest needs to budget for.
"You need to then pay to get a license as well, too. So, that's something I do have to pay. Um, it's 230 just to take the test."
Pending
The guest engages in side hustles like Swagbucks and independent contracting to supplement their income, though acknowledges it's not substantial.
"I do like side hustles as well too. So I I mean it's not much but I do like Swag Bucks. And then there's like an independent contractor."
Pending
The guest received a financial score of 2/10 for debt, 1/10 for emergency fund, 1/10 for retirement, and 5/10 for real estate, reflecting significant financial challenges.
"I'm going to give her her financial score, but just submit that reimbursement and I pay for your $10. Uh, so click that join button, click the link, but spending in a budget. You ever spend 0 out of 10 debt, at least there's no collections, but pretty high debt. Most of it's mortgage consolidation, rebuilt the credit cards. I'm going to say a two out of 10. Emergency fund, a few hundred in savings. I'll give you a one out of 10. Retirement, probably not much there. It just started, right? I'll give it a one out of 10 cuz at least you turned it on. Real estate, there is that. I don't know the value of the house. How much did you put down? Um, I didn't put a down payment. Um, you say five out of 10 cuz it probably went up in value a little and then a little down in value and then it's probably I think it's a little bit higher in value. I think it's up from purchase. Yeah. So, I'll give you a five out of 10."
Pending
The guest's overall financial score is rated as 2 out of 10, with encouragement to join 'Hammer Elite' for financial advice and a reimbursement offer for membership.
"Two out of 10 is your Hammer financial score. Join Hammer Elite. Come check out all our shows like our new show Behind the Audit or Hammer uh Hammer It Out where we accept your calls and we give our advice and everything like that. Remember, join submit proof of purchase at hammerly.com and I'll send you a digital gift card that can be spent anywhere and in most countries."
Pending
The guest's auto loan alone is $11,000, and with other unmentioned debts, the total is estimated to be at least $10,000, exacerbated by significant spending on travel and dining.
"I just know debt. If I had to put a number of maybe 10,000. Just her auto loan alone is 11,000. So you guys are going to Minneapolis. You guys are going to Chicago. You guys are going to Hawaii. She's spending $500 a month going out to eat. It is endless, endless, endless. Dumb, dumb, dumb."
Pending
The guest's excessive spending on multiple trips and dining out is described as 'endless' and 'dumb', highlighting a pattern of financial irresponsibility.
"You guys are going to Minneapolis. You guys are going to Chicago. You guys are going to Hawaii. She's spending $500 a month going out to eat. It is endless, endless, endless. Dumb, dumb, dumb."
Pending
The guest's employment at a non-profit is questioned, suggesting it may be more about employing individuals with questionable work ethics than fulfilling its stated mission.
"The only reason you're able to still be employed cuz the nonprofit was set up as a nonprofit to employ people. Oh my gosh. Oh, is that its true purpose? Is that its true purpose? Am I donating to this nonprofit to just employ you? And it's aing like make a wish employment. Oh my gosh. Cuz no employer would keep someone around you."
Pending
The average student loan debt for an undergraduate degree is $38,000-$40,000, making the guest's $45,000 graduate degree debt relatively moderate in comparison.
"Okay. For a graduate degree and everything, that's not insanely crazy. Uh I believe it's like 38 to $40,000 is the median borrower for an undergraduate degree."
Pending
The guest's significant pet ownership, including 'garage cats' and a dog requiring medical treatment, has contributed to their credit card debt.
"I have like some garage cats as well, too. Uh I mean, I take care of cats. I did have a dog, too. I have Simba, Momo. I don't want I do not need to know their names, nor do I care about their names, but they're cute. And then like I some of my credit cards I did have to you know spend some money on when my dog passing away. So I had to"
Pending
The guest has undertaken multiple trips to Minneapolis, Chicago, and Hawaii, which are significant expenses.
"You guys are going to Minneapolis. You guys are going to Chicago. You guys are going to Hawaii."
Pending
The guest applied for a credit card for 'funsies' (pleasure/novelty) rather than a genuine financial need, indicating a casual and potentially irresponsible approach to credit.
"I got that one really kind of just for funsies. Um, just to apply and then I got a credit limit. I really wanted to just funies."
Pending