Business, You Call THIS A Business?! | Financial Audit

▶The best budgeting program online, at the most affordable price: go.calebhammer... any questions? Email [e-mail]
Reward yourself for investing! Use code HAMMER23 and get a $10 bonus when you sign up for Voura using my link: voura.com/prom...
▶My team and I will personally review your budget and put you on the right financial path going forward: go.calebhammer...
_______________________
▶Resources I use/would use (with discounts/sign-up bonuses):
1) Checking & Savings: Get up to 4.60% APY, pay no account fees, and earn up to $250 when you sign up and set up direct deposits. Terms apply: sofi.com/hammer *affiliate link
2) Start investing: Transfer to moomoo and receive up to $5,000 in Cash Rewards using my link Terms & Conditions Apply: j.us.moomoo.co...
-For the sign up bonus, Click this link to get up to 15 free stocks from moomoo U.S when you make a qualified deposit. Terms & Conditions Apply: j.moomoo.com/0...
3) Coursecareers: Get qualified for a better job and increase your income: coursecareers....
4) Mint Mobile: Cellphone bills are too expensive, use my link to find a plan starting as low as $15/month in just 15 minutes with my partner MintMobile: mintmobile.com...
5) Online security: Protect your online privacy and security NOW and for free by following my link Aura: aura.com/hammer
_______________________
▶Fun things:
1) Exclusive episodes, private Discord, BTS, and a special thank you: / calebhammer
2) Rules For Not Being A (bad word): www.calebhamme...
3) Merch: The most fun website: shop.calebhamm...
_______________________
▶My socials: linktr.ee/cale...
▶️Want to be a guest on Financial Audit? We film weekdays in our studio in Austin, Texas (in person only)! To apply, visit: calebhammer.com...
_______________________
▶Sponsorship and business inquiries: [e-mail]
_______________________
These are some fun words: Caleb Hammer, financial audit, Graham Stephan, Dave Ramsey, Ramsey Show, George Kammel, Rich Dad Poor Dad, Podcast, Budgeting, Investing, Stock Trading, IRA, Roth IRA, 401k, health savings, HSA, 403b, college costs, student loans, debt, snowball, avalanche, pension, retirement, financial independence retire early.
_______________________
▶*Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. Some of the offers mentioned may no longer be available. This is not investment advice.
▶Sponsorship and business inquiries: [e-mail]

[@CalebHammer]

We have a special 800,000 subscriber video we can’t wait to upload. Any help getting us to that number by sharing this video would be greatly appreciated! Love you all ❤

[@JC-wz5on]

You didnt link his reels.

[@CasusMoo]

Let's go my dude 😁👌 You've helped me buckle down and setup an agressive plan to pay off my debts and build my savings, can't wait to look back in 3 years and reap the hustle. Long way from 50k 🤩 congratulations on all your success @CalebHammer

[@cyoohoos]

Caleb, the girlfriend is FINANCIALLY SUPPORTING him. If she leaves, he can’t even pay rent. So if she doesn’t want to sell, he better not sell.

[@Antjers]

Caleb, you are a new influencer but you are not new to this earth or new to having an email. Adding me to a newsletter I didn't ask for isn't cool. You would feel the same way if it happened to you

[@manscreations100]

@calebhammer Hey! You should do a special $800k giveaway

[@aj9586]

Imagine PAYING for a “business coach” who is on FOOD STAMPS!!

[@shawneeGoes]

I just want to know how even got food stamps??? When I was around 21 literally the only time I could Eat was at work (free pizza) or if someone got food for me. When I applied all I was allowed was $15/month which was better than nothing but damn that was enough for some pb&j and noodles for a week lol

[@FRBSUWOO]

this the comment I was looking for ! 🤣

[@mrscassandrasolano]

I’m sure he charged it. Business coaches often use sleazy sales techniques like “if you had to save your loved ones life you would FIND the money!” To get people to pay up

[@KurtisB]

@@shawneeGoesHe probably lied. EBT is based on household income. Doesn’t seem like he would be able to get those benefits with a household income of over $60k.

[@esotericcommonsense6366]

Respect the hustle bro

[@King-wx1yr]

As a professional detailer...Caleb had perfect advice. Go get a detailing job at a shop, you'll make close to 40K a year starting. Use that to better your situation and learn what it takes (or if you want) to run a business and how. What you see on YT isn't reality for most, unfortunately.

[@BoBandits]

If your bosses let you, you detail in their shop on the side. And do some OT.. you can make 2500/wk or more

[@Nemanjaftn]

This guy is what I imagine most rise and grind influencers real life actually looks like behind closed doors.

[@seanh8546]

I used what I learned on youtube to start a window cleaning business like 6 years ago, I was wayyy over my head, was too scared to do houses with 2 stories, it took me longer then it should, and I just didn't have must knowledge. That business lasted a couple months lol it would have been way better if I worked under someone to get a grasp of the business first and I imagine for most people that's going to be the best option.

[@cryptoking2755]

I've never been in the business but have been a customer a couple times. But it doesn't really compute to me. He should be doing two cars and making $500 pre tax profit a day. He must not be charging correctly. Probably missing up-charges like pet hair, toddler food, or doing a free paint correction. If I understand correctly $300 usually just gets you a wash, clay bar, polish the clay bar marks, and wax and interior cleaning but no actual paint correction or stain removal. Paint correction that runs like close to $700

[@kkacperowski]

agreed. Im getting hardcore "cart before the horse vibes"

[@nyyommm9640]

KZbin has convinced people they can make a living off of car detailing, pressure washing, and laundromat ownership.

[@giantpune]

Well, they can. One of my best friends owns and runs a pressure washing business. His dad owned it before him. It supported the family and his dad was able to buy a house and raise the kids and then pass the business down to the son. The son has been doing well with it for the past decade. He works as much as he wants, with a waiting list, and has to turn away work. And for car detailing, there's a dude who came up to my work. The ladies there would pay him to take their cars and detail them while they worked. That dude made bank. He damn sure made more than I did during the same time.

[@blackfox2739]

@@giantpuneThis tactic only works if you have something to lay back on. Someone who tries car detailing or any business as a full time job from the get go will not have funds to continue unless they make strategic decisions with their savings which this guy hasn't . I know from experience .

[@giantpune]

@@blackfox2739 So its not that they cant make a business off pressure washing or car detailing, its that they don't know how to start a business the smart way. If it was not possible to make a living doing those things, then nobody would have those jobs.

[@sethjackson2266]

​@blackfox2739 the average person isn't above average....most don't make it in business. There are many reasons...all of those are very proditable..to the RIGHT businessperson

[@shawnconway6009]

You could make a living doing this, if you work for a car detailer, a pressure washing service, or actually own a laundromat. But none of those are businesses you can just startup and run. It's like how social media makes everyone think they can day trade.

[@heychrisfox]

This situation is just so sad. You know this guy has spent thousands of dollars listening to "financial experts" tell him how to "hustle and grind." And he's proof it doesn't work. He has a self-reliant mindset, but you can't be self-reliant while being subsidized by both the government and your girlfriend.

[@KS0102]

Self-reliance is a myth. Nobody is ever completely reliant on themselves.

[@RisingRecluse]

I think he took to heart the myth of "good debt". He likely thought he was going to pay this stuff and build his credit rating.

[@XFizzlepop-Berrytwist]

@@KS0102 Sure, but there is a lot you could do to be 80-90% self reliant. Government also makes it impossible to be 100%.

[@frankvonfrauner]

Whenever you have a business idea, you should lay out what the perfect situation would be, but it still needs to be realistic. So in 5 years, if this guy has a full schedule doing mobile work, charging $100 an hour, 6 hours a day, he's got at least $30 an hour in overhead. Then on top of that he's got to put in the time for advertising and bookkeeping and maintenance of his tools and materials. In a perfect situation, this giu os working 12 hours a day, 6 days a week to make $60k a year. Unless he has some delusion that he's going to be detailing 5 supercars a day for $1000 a pop.

[@AlexanderTheAlright406]

@sdm1568 While i appload that, i think they just mean its physically impossible to be self-reliant. Roads and public services alone create the opportunity for independent wealth creation. Nobody is actually alone in it. Some times its just a little harder to see. But congrats on powering through the struggle, dude! ​

[@daphne10120]

I’m gonna go out on a limb. Selling the house isn’t an option because his girlfriend is actually paying more than just the utilities and has threatened to leave him if he sells as she now has money in it. He also didn’t seem entirely sure that she knew how much credit card debt he had. Dude has been lying to his girlfriend for the last year.

[@onemanturret1641]

They were together for 6 years, so if she was living with him for 2+ years she’s probably entitled to do a common law devorce and he’ll be in debt to her.

[@Tre2cool96]

@@onemanturret1641 I am not very knowledgeable on this, but that would be a hard battle for her to win, especially if she actually doesnt help pay his mortgage like he said in the video. Common Law Marriage isnt recognized in most states (from my 2 second google search)

[@chrisclarkay]

I would just sell it without her knowing. Once it's done it's done

[@MMCM]

Yeh I couldn't agree with Caleb on this one. Regardless of her paying in or not, they're in a relationship and that's where she lives. Just selling it without any input from her is insane, particularly if they've been splitting bills with her doing utilities and him doing mortgage

[@MMCM]

​@@chrisclarkayand then your relationship could be over. You can't just sell the house that your SO lives in and expect no consequences because it's legal.

[@dentond4913]

This guy has no business being a business coach

[@dm96177]

Seriously. The business bro mentality can be so toxic and harmful for some. Lots of smoke and mirrors

[@AliciaMcIntire]

I think he is paying to get coached (so, getting scammed, not doing the scamming lol)

[@teeeteee000]

​@@dm96177💯

[@Username0467]

I don't think he's the one coaching...

[@weswest8666]

Most business coaches fall under the “fake guru” category imo.

[@lombardo141]

He can't sell the house because his girlfriend pays his bills. If he sells that house she leaves, and he will be homeless.

[@probablynot1368]

This could be a true test of their relationship. If she leaves him through this rough time, then they weren’t meant to be together.

[@lombardo141]

@@probablynot1368 I agree but he can’t afford to even try this test . Lol

[@Ria24Ria]

I was just going to say this, he can’t sell it because she is paying all the utilities. He can’t afford the house by himself.

[@gjchawks17]

If he sells the house he’ll be far from homeless. His home has basically doubled in value. He’d have plenty of money to rent and do nothing for like 2 years before running out of money

[@lombardo141]

@@gjchawks17I think there is more to the story about his GF that he did not tell Celeb.

[@scufflemuffin8892]

I appreciate the desire to be your own boss, but, man, people really need to do the math before jumping into a situation like this.

[@jayjay210197]

Everyone and their mother think they can run a business

[@vanguard6937]

The math he did was "I can make $700 a day detailing 2 cars a day! Instant $$$" without taking into consideration every expense from travel, to materials, to time, and without taking into consideration that he needs to get the clients first. I've known people that did detailing, and they all started out as side gig/weekend jobs. And only finally when it became too busy they left their main jobs

[@adamseidel9780]

Or do the math after being in the situation for 20 months already

[@wallaceluna6241]

@@vanguard6937that’s how most side hustles start and end successfully. You end up having to make a choice hourly you make vs clients you’ll lose. Only then does it make sense to quit your job. Until you’re at that point you work a 9 to 5 and hustle on the side.

[@haute03]

Truly. Even if you don't plan to take out a loan or have people invest in the business to raise capital, you should at least put together a business plan to get a clear idea of what you're getting into and to help guide your work. Most people just buy into the "be your own boss and make lots of $$$" rhetoric without considering any of the realities associated with starting and growing a business. Most businesses fail within the first five years for a reason.

[@GoddessError]

I like how all small, indulgence purchases are called "taquitios" just because of one guy that pissed Caleb off.

[@SeaWitch99]

Which episode was this? I'd like to see how it began

[@macairhead5137]

That guy pissed everybody off

[@Maxi-Taxi-]

@@SeaWitch99 It is the third most populair episode. 41-year old baby or something.

[@28cthedestroyer]

Definitely do not sell that house!!! That payment is nothing, go be a big boy and work a regular job and do the car detailing on the side until he builds up his client base

[@NickVetter]

This is a good example why most people should work a normal job. At the surface he is a "business owner" and "home owner," but he making less than the minimum wage for the amount of hours he is working.

[@jayjay210197]

He's in the negative. Hes making less than 0

[@rebeccashields9626]

Well and you can work a normal job WHILE you build a business. Or while you prepare financially to start a business. Work in the industry first, get some experience, save up some cash, then start small as a side hustle, if that works well expand until you can make the leap to full time. Trying to go from 0 to 100 immediately is a recipe for disaster.

[@stuff1784]

@@jayjay210197😬😬

[@ag4allgood]

He said he had 3 detailing jobs TOTAL in January / February ! That is basically 8 weeks of doing nothing. Being a detailer tails off in the winter months. He needs a full time job to kill his rising debt at age 29. Learn a trade like a carpenter / plumber / cook / electrician .... things that will be there in the future. Car detailing is so unreliable for income. I've never had to have my cars detailed because I do them myself.

[@NickVetter]

@ag4allgood it definitely slows down in the winter! I detailed while in college, and it worked well because I would make enough money in spring and early summer that I didn't have to work the other half of the year.

[@natalie_dominguez]

He wants to be a business owner so bad but admitted he was never going to look at his finances without Caleb doing it first….

[@nicksimadis2086]

This kid is in way over his own head. It's like an emu burying its head in the sand.

[@adamseidel9780]

Step 1: Start business Step 2: ????? Step 3: Profit

[@lindajohnson.]

This man needs to get a real job and work his business part time. Debt will bury him! 😊

[@TonyCox1351]

@@adamseidel9780exactly his thought process

[@PolishedMobileDetailing503]

It’s insane. I’m in my quickbooks daily. He needs the structure of being an employee.

[@AnneliseMcNally-sz5qr]

I’m so confused about why this guy thought it would be a good idea to start this business and why he doesn’t continue to bartend at night?

[@LaioAroca]

he might be capping

[@darkmediatracks]

Because society says to be your own boss lol

[@adamseidel9780]

@@treasuretim3actually, in this case, I don’t think he was lying, I think he was just wrong

[@crunchylunchmunch1478]

Why do that when he can sleep for more energy to cap 🧢 faster and his girlfriend can go and bartend at night.

[@TonyCox1351]

He wants to get rich quick, bought into the “entrepreneur” lifestyle

[@youweremymuse]

Im a hairstylist. A lot of people ask me if I want to open my own salon. My answer is always no, bc I dont want to deal with the business side of things. But after seeing so many "entrepreneurs" on Calebs show who dont even know simple things like their overhead/ net profit, I have a feeling it's not as hard as it looks. Ppl just make it look hard bc they have no idea what they're doing.

[@seantookit]

I hear ya, as someone who runs a small business it’s really not that difficult. I could see it becoming much more complex as it grows though!

[@fishyinnadurag610]

​@seaningram3229 I've heard that some small business owners just keep to their market instead of growing too large. Mostly all family owned because it's easier to manage.

[@adrianpena1234]

Yes. They say a high percentage of businesses fail, but I guess because a high percentage of people are dumb

[@jonharward7519]

People see all the influencers and the lifestyle it can bring but don’t realize the years of dedication and self development it actually takes. Most small business owners would be better off getting a regular job if they truly looked at their numbers compared to the hours they work.

[@jeffrydiamond]

It's not "difficult" per se. Costs can be worked out with 3rd grade math. It's the extra hours spent on administration that will be challenging. But you can do it.

[@MikeBaudistel]

The Delta Defense thing is one of the wildest scams I've ever heard of. Who in their right mind is going to pay $42 a month for the possibility that they might be involved in a self-defense altercation? I would love to hear the pitch that someone gave him to buy that.

[@WowzaTalent]

I feel like paying such a specific “insurance” is almost encouraging it to happen lol, as an Australian this is the most American thing ever

[@alexisballard1459]

When he was explaining this I was like……… this can’t be real

[@spenc4303]

They give free stuff out with each sign up, dude saw the prizes and bought the horse

[@mwise9435]

USCCA is a pro-gun concealed carry organization. So really, that "coverage" is for people who *want* to be involved in a situation where they can use their gun and claim "self defense".

[@MikeBaudistel]

I looked into it a bit more and it's apparently through the US Concealed Carry Association, so essentially liability insurance if you have a concealed carry permit. It makes more sense in that context than just "insurance in case you're involved in a self-defense altercation" as he explained it.

[@anya8221]

He's not a business man. Sell the house, pay off debt. Start over.

[@AurelioRodriguez1]

I agree. He’s young enough to start over

[@tmusa2002]

Yeah, and if the girl doesn’t want to sell his house, time for a better job or side hustle for her. I do wonder what her debt is, however.

[@somethingawesome1462]

If he goes back to a normal job, he could probably keep the house. Setup detailing appointments on the weekend and work small

[@Ab-ye8wp]

@@tmusa2002or time for a new girl

[@wied]

@@Ab-ye8wp She's covering utilities & any food over food stamps, he kinda needs her.

[@redspice3230]

I can’t believe that Caleb just sat in front of someone with less than 50 CENTS to their name. This might be the most dire scenario I have seen, and I think he will be forced to sell the house whether he likes it or not at this point. He should do it while it’s his choice to make, rather than the bank. By the way, if you run a business and you are on FOOD STAMPS, having tax payers pay for your groceries, you certainly have no business as a “business coach”

[@lindajohnson.]

I was thinking the same thing. Taxpayers funding him, when he could be working a real job.

[@_melts]

Think he's being coached, not coaching himself...

[@newp848]

​@@Cassie00111she's covering everything else from what we can tell

[@XFizzlepop-Berrytwist]

@@lindajohnson. I mean he has a real job? He just is struggling to get enough income from it.

[@anotherhairlessapewithanop7455]

@@XFizzlepop-Berrytwistit's not a real job if it doesn't support you financially

[@jasonbusse425]

Caleb: Omg, I haven't seen something like this in a very long time A Very Long Time: *last Wednesday*

[@Frank-sj2wi]

As an 18 year old watching all these people go through these different situations has really opened my eyes to learning how important it is to learn how to manage your finances early im so thank full for finding this channel

[@wallaceluna6241]

I’m 26 and only started on my financial stability. Don’t have debts but have no credit or savings ecetera. It’s good to start early.

[@ag4allgood]

@@wallaceluna6241 Don't let the bad Credit Card habit start ! I think a debit card for young people helps to control the spending. Emergency fund is an under rated tool to have. That is when people get into BAD Debt trouble - No Emergency Fund.

[@MidwestBoom]

It's not so much about knowing your finances as not being a total idiot And irresponsible.

[@TwinbornMist]

Nah for real dog I started me job last year and found Caleb recently even though I'm only a teenager and have a decent chunk of money put away as is I still feel guilty for spending on random stuff over the year. This has helped me put a solid budget into place to make sure I know where my money is going.

[@elijah__]

​@wallaceluna6241 hey man, no debts is major. Really hope you aren't leaving out auto. Debt is debt.

[@beedazzle100]

Caleb stopped himself from saying it, but tax payers are paying for his business. Food stamps, Medicare, yet spending money opening a business? Just doesn't make sense.

[@user-ey4ut9uc8w]

And won’t sell his house to pay off his debt but he sees it as his golden ticket to financial freedom and probably wants most of his debt to just fall off (assumption). Just being honest, as someone whose greatest ambition is owning a quaint home, I get extremely salty when people want to essentially “scam” their way to a home while we’re out here grinding a 9-5 😂

[@musicart2007]

Lol yes it does. You don't think tax payers aren't subsidizing every major corporation in America?

[@steveklein9335]

@@musicart2007 no, i don’t.

[@doublet9212]

@@Jake38ninechill out man

[@barnabusdoyle4930]

Is it really worse then taxpayers subsidizing Amazon and Walmart by giving their employees the same thing? What about the billions of free dollars going to Exxon, Shell and other oil companies.

[@Lamentlogic]

If i was the girlfriend who was basically paying for this dudes entire everything and he sold the only financially valuable thing to his name against my wishes I would leave him to figure his stuff out without me. I love ya Caleb, you are basically the one driving force to me getting my financial life fixed. I just don't agree that the girlfriend who payes all of the bills shouldn't have a say on their joint housing situation.

[@StellarDiamond]

Yeah I wonder if that’s one of the reasons he’s hesitant on selling it

[@Ria24Ria]

I was about to say this as well!!! Hold on I’m paying ALL the bills but I don’t have a say!! Yea I would definitely leave him if he sold it.

[@JKRBW]

The house and mortgage aren't in her name though, the legal risk is all on him. She can walk away tomorrow.

[@haute03]

@@JKRBW But he'll also be screwed if he says he's selling the house and she leaves him. He literally has no way to cover the rest of his expenses at this point. It's less of a gamble if they make a joint decision they both agree on.

[@Lamentlogic]

@@JKRBW I suppose she could. If he sells the house I'd argue she should. After all it's easier to pay for rent and utilities for just one than it is to pay for two. Why take a burden who disrespects your feelings on what the best choice for the couple is, to a new rental property that might cost more than the mortgage? I personally would love to see her do an audit with Caleb, without telling him of her relationship to this guy.

[@ArJayDM]

My favorite game is checking the description when Caleb says he will link the guest 😂 I haven't seen him do it one time ever

[@Voyajer.]

He's done it a few times, but not very often lol

[@lainisos]

I was thinking the same thing lol

[@a.alphonso6193]

literally he never does LMAO

[@ArJayDM]

@@Voyajer. it's fucked up cause these ppl come on and basically embarrass themselves and can't even get a small shoutout in the description 💀😭

[@qualitycommentszone1263]

His descriptions are so long and filled with his own promos and links I doubt it helps but still funny that he or his team never does it

[@mrscassandrasolano]

As someone who has been in online business for 5 years and spent way too much money in “biz coaching” I’ll say any GOOD business coach will tell you to get a Job, at least part time, to create stability you need mentally to grow your business ❤

[@_2315_]

💡

[@bwb403]

CPA working on several clients' books here - the number of people willing to spend multiple thousands of dollars (usually in debt) on what they hope is a miracle cure for their business is astounding. There are good coaches, but most I've encountered are criminal with what they actually provide vs. what they charge.

[@rrrealqueen]

​@@bwb403theyre theyre to sell a dream not the solution or detailing how to. Give someone the wrong instructions theyll come back thinking their the problem. That their in the wrong. Same with beauty gurus, advuce gurus, do this and this. Next thing you know its bad advice that keeps then coming back.

[@dianaseverns7228]

The only part of the comment that’s theeee most important is GET A JOB! He don’t work! Period! He lives off his girl!

[@frankvonfrauner]

Dave Ramsey calls it waiting for the boat to get close enough to the dock before jumping. This guy is trying to drive his car onto the ferry while it's docked at the other port.

[@SixthSenseSynesthete]

I don't understand why this guy doesn't just work a normal job, maybe work at a dealership or something, and then do the detailing on weekends. Could build his business while also being much more financially stable.

[@Kristenwynnphotography]

I agree with us and bartending would be the perfect thing because he could bartend at night and get home at 3 AM and then go do detailing jobs from like noon until four and then go back to the bar at 6 PM or whatever!

[@jamieshawgandy1175]

ego.

[@ericperez7115]

Delusional

[@teresahunt5521]

The girlfriend has him by the short hairs! She's calling the shots. He needs a job plus detailing so he can sell the house and move on when she leaves him because she can't control him any longer.

[@PhotoJeticPoet]

Then he couldn't justify his girlfriend paying all his bills.

[@serbgirl502]

People say "just do three cars a day for X $". He's been doing this long enough. He doesn't have any customers! That's the problem. He's busy with all his business development but only $13K in three quarters. The cars ain't coming.

[@lombardo141]

Congrats on the man for taking the risk for getting into business for himself. Its also important that people realize that when you are brainwashed by youtubers to get into business and quit your 9-5 this situation is a real possibility.

[@Astro95Media]

Bingo. I'm all for chasing your dreams a bit but be realistic about it. I do photography on the side and love it but it doesn't even bring in enough to make a basic living. It's just fun/vacation money.

[@misspiscesdreamz]

💯

[@TonyCox1351]

In my experience, mobile detailing has always seemed like “oh I’ll start this business with no experience and it’ll be so easy” jobs. I know a couple people who were druggies or who couldn’t hold a good job who thought that mobile detailing was their path to success.

[@upnorthsociety6146]

@@Astro95Mediaalways best to start on the side and if you get lucky maybe u can make the switch to full time. Just takes a bit of luck and a lot of hard work but that's the way to do it

[@DarkPhysicx]

This. So many KZbinrs sell the dream that you don’t need school, you’ll make more doing your own schedule instead of working for the man. Meanwhile this guy is on food stamps. I’m also all for following dreams and trying to start your own thing. But make sure you’re financially secure first. Even if it means sticking to your 9-5 for a couple more years to fund your growing business. It won’t be easy, but it’s not supposed to be, no matter what these tubers say.

[@annieway35]

He drank the kool aid about that manifesting toxic positivity BS. "My vision in life is to be self reliant, I have the ability and skills to generate resources and opportunities...." No. Just, no.

[@wied]

So many people like this, it's so cringe.

[@joesmith3590]

And his skills are detailing which takes no trainings. It is crazy

[@FIREownyourtime]

Bad advice.. no to selling the house. Renting is minimum $1400-1600 right now. He should take a regular 9-5 job, work detailing over sat and sun. Pay the debt now and build business over time. Detailing is a seasonal business, strong in the summer but meh in the winter. He can stand out by driving to houses to do it, do special detailing like for puke and mud etc or have mini detail session for football mums for $100-150. Either go volume or quality of detail.

[@Demingirl15]

I get the girl friend doesn't own the house BUT SHE IS LITERALLY PAYING ALL THE UTILITIES except internet, plus subsidizing his food (the guy literally eats for free). She may not get the final say but she atleast gets a say because he would be fucked without her, because there's no way hes affording that mortgage without her paying the utilities (bro can barely afford it as is). And even if they sell the home he's still gotta come up with rent each month. either way if something doesnt change hes still risking being out on the street. The dude just needs a job.

[@mithicash1444]

She may be paying 500$ of utilities and has no obligations if she wanted to leave, people need to relax with that one

[@alpaca6462]

​@@mithicash1444he made 13k last year. That's not enough to pay the mortgage, she makes 50k and has definitely been covering it for him. That's why she would be pissed.

[@PhotoJeticPoet]

That and they been together for 6 years why is caleb acting like she has no say in whats going on?

[@PhotoJeticPoet]

​@@mithicash1444 the light bill alone was $350 and when he totalled it up it was more than his mortgage and internet payments. How about listen to the show?

[@jkirstyn]

If I was his girlfriend I would have left him. What an entirely irresponsible man baby who is relying on his girlfriend to pay his mortgage trying to fund his business without getting the experience first. She isnt even on the title, I would be so mad.

[@wied]

She's not paying his mortgage, though?

[@jkirstyn]

​​​@@wiedThe man only made 13k last year which is not enough to cover the mortgage. Who do you think is covering the rest of it? Girlfriend is clearly covering a lot of this man's income shortcomings as she makes 50k a year that he stated himself.

[@g00bers24]

Cringe

[@Chikitew]

@@wiedhe is not paying that mortgage by himself only making $13k a year.

[@elijah__]

Would you say this is the genders were reversed? Don't reply to me, I don't care. Just ask yourself the question, and be honest

[@B_Y22]

I don't see there being much demand in the near future for car detailing. People can barely afford to keep their car running let alone get it detailed.

[@legacymindset23]

This is a perfect example of letting something go if it doesn’t make money. Working for yourself doesn’t always translate to profitable. So many small business owners are losing money every year with hopes of hitting it big one day. If it doesn’t make money move on.

[@Schizniit]

I hate to say it, but call his gf what she is. She's his mom. Like if you OWN a detailing businesses, or any business where you're essentially servicing cars, if you're not even working like 10 hours a day at least, you just will not even be able to give yourself a good paycheck let alone hire other employees, take on better tools and skills, keep food on the table when that's all you do apparently, you can't just rely on your girlfriend for everything. NO ONE deserves to have to take care of a fully grown man that's not even related to you in anyway other than he's dependent and romantically involved with you.

[@nly4607]

She does if she's fat

[@applauseTTV]

Hope you’d keep the same energy if the roles were reversed.

[@Pharmasuitical]

​@@nly4607right. Fair trade off.

[@EvilGenius007]

I'm glad we as a society have programs like food stamps and Medicaid, but it's frustrating to see someone say "My main goal in life is to be self reliant" without remotely acknowledging how far away from that he is today.

[@EvilGenius007]

Also, I'm sure the criminal that held you up while you were working at the auto parts place is grateful that you're funding a 2A lobbying group that hinders efforts to enact effective legislation to curb that problem.

[@michaelslifecycle]

Dude exactly. And then he comes to Caleb to get help on his finances. He seeks help from so many others but then claims to be self-reliant

[@MartianAmbassador69]

Yeah, I'm super stoked the government steals 40% of my paycheck to support his failed dreams too

[@lydiajmoore79]

There is no reason a young, healthy, physically able, single man without kids should be getting any kind of government assistance.

[@redclayscholar620]

​@@lydiajmoore79counterpoint: a young, healthy, physically able, young man should have no trouble with government assistance in getting a job.

[@USA__WILL]

Thanks Caleb. Having a kid on the way and my gf and I are on track to save for retirement, pay off debt and have a good savings in preparation for the baby. Keep grinding brother!

[@billbill6576]

Good luck bro, having a family is super important and a great thing.

[@jayrodgers4155]

Congratulations on the kid 🎉 opinions for ya man.. Get married, set up a Cash value life insurance plan then get your Roth IRA going !! I'm 33yrs old have a 8yr old and 2yr old been with my wife for 14yrs.. this was advice I was given years ago and I'm so so glade i listened. Even if it's small amounts of money it's worth it again congrats 🎉 💯👍

[@Kakakakakakakakakakakaka684]

Dude just shared his life story with a bunch of randos online lol

[@jayrodgers4155]

@@Kakakakakakakakakakakaka684 take some notes lol and nobody cares about what randos think .. it's about action upon yourself .. this is a chaper in life not a life story 😘💯

[@Kakakakakakakakakakakaka684]

@@jayrodgers4155 chaper?

[@littlesandydronography9193]

No better start to the week than a good financial Audit😁

[@travisrudd]

Finally excited fort mondays…well at least one hour of them

[@darkmediatracks]

Swear 😂

[@patricec.2957]

The numbers don't add up, he's detailing 30 hours a week, he's in the upper price range, and he only earns $15,000 in 9 months. For the record, detailing is 80-90% labor, because cleaning products don't cost a fortune.

[@ultraboombean]

Yeah i don't get it unless he is putting more hours into the reels than the cars.

[@AliciaMcIntire]

I think he is basing his work time on the last 3-4 weeks where he had more jobs than usual. He just had a good month; he hasn't been making that the whole time

[@marshallwhite3780]

I don't think that he's pulling in the volume of jobs he's saying that he is. If he's in the "mid-high range" and is still relatively new with no real foundation around reviews/clientele, he may be pricing himself out of jobs...

[@chesspwn7457]

I think he said he had only 2 cars in a month earlier this year or something. Basically he had a good month cause it was car cleaning month and thinks that's the new normal, he's going to be hurting in a few months when people are cold and don't care about clean cars as much.

[@marshallwhite3780]

@@chesspwn7457 which is definitely why I hoped Kaleb would've covered how to save for irregular income to offset the down months if Santi was actually serious about continuing the detailing business...

[@elizasuarez9618]

This is a man who watched a bunch of KZbin videos about being your own boss. He thought he could just start a business with no savings, connections and experience and that it would just work out for him. He seems like a hard worker so hopefully he learns the hard skills necessary to run a business OR just go back to work a normal job

[@LindsayViguePhotographyBristol]

Being self reliant does NOT mean rely of the government for food stamps or your partner to pay the bills. You have the skills to be a bartender and make plenty of money to pay off this debt while building a business. Never take out debt again, build your business by knowing your numbers and knowing when the right time is to go out on your own. I’ve been self-employed for 16 years. It’s the absolute best, but I had to work a second job for the first couple years to make sure I could cover the bills so I didn’t go into debt. Also, it’s much more rewarding to create a business based on something you truly love and are able to create value for others with. Best of luck.

[@amoose8439]

This was such a painful episode. Felt like this dude was high on his own optimism, hopefully this episode woke him up but... I know three different dudes that tried to do the detailing thing and failed so maybe I'm biased.

[@maxtm3000]

detailing can be successful... but if we're being honest its like the adult equivalent of a lemonade stand, really not the business you should be getting into unless you literally have no other skills or are really passionate about it for some reason

[@lindajohnson.]

With our economy, detailing doesn’t sound like a good business right now.😢

[@stuff1784]

@@lindajohnson.for real Nobody wants to spend $100+ to clean their car

[@michaelslifecycle]

Yea exactly. And most of them fail due to the operator and not the business model. If he was disciplined and on top of things, he’d probably be doing well.

[@Jenny-fw6yq]

I think I've figured out why I like watching Caleb's videos so much, it's because it makes me feel better about my own situation. It's like watching Hoarders to make me feel good about how clean my house is.

[@secretadmirer5006]

Then shit happens and you find your situation is almost as bad...or maybe worse.

[@Manx123]

"’It is,’ says he, ‘pleasing to look from shore upon the tumults of a storm, and to see a ship struggling with the billows; it is pleasing, not because the pain of another can give us delight, but because we have a stronger impression of the happiness of safety.’ Thus, when we look abroad, and behold the multitudes that are groaning under evils heavier than those which we have experienced, we shrink back to our own state, and instead of repining that so much must be felt, learn to rejoice that we have not more to feel.”

[@pan5001]

Comparison is the source of joy

[@Jenny-fw6yq]

@@Manx123 I take no joy in these people's situations. Yes, it makes me feel better about my own situation but it keeps me constantly vigilant about it as well.

[@derekwilliams7144]

Do we need this comment on every upload? kinda pathetic

[@Cheyemos]

Also, take it from me: as a small business owner for 15 years; I hung onto the business way longer than I should’ve, and it did start becoming a financial obligation at the end (it turns out, I wasn’t a very good businessman; such is life)… Cut your losses now, sell the house, pay off all the debts and start a new life. And get a 9 to 5.

[@livelovedaydream]

Same as a small biz manager .hung on way too long and lied to myself..kept thinking we will pull thru. The day we closed I felt such a relief!!! Should have left years ago having no financial ties..but thought I could save it

[@laurelharper123]

51 years old. I have $295,588.25 in my Fidelity retirement account. I cranked my contributions up to 35% and I do all the investing on my own. Fidelity just holds my ETFs/stocks. I made that change earlier this year. I'm hoping to end the rat race by 60 but it's looking more like 63-ish. I want to have $1.5M and bring in about $60k in dividends each year. Pedal to the floor! Thanks for the video. Great content.

[@BiancaSherly-qt6sb]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@maryHenokNft]

I completely agree; having a portfolio advisor for investment is a brilliant decision! Not too long ago, during the market crash in March 2020 amid the pandemic, I was facing investment-related nightmares. However, things changed for the better after I got in touch with a licensed portfolio advisor. In summary, thanks to my advisor's assistance, I've seen my initial $120k investment grow to over $550k.

[@maggysterling33254]

@@maryHenokNft wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

[@maryHenokNft]

Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. *Mary Onita Wier* is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.

[@StellaMaris-lv2uq]

After conducting an online search of her name, her website quickly surfaced, piquing my curiosity. The initial impression is positive and I intend to arrange a call with her. I'll make sure to provide you with updates on how it goes. Thank you.

[@caseyleirer9677]

I also did a “mobile detailing service” as a kid. It’s an excuse to keep doing everything you want with no mental consequence because he “has a business”

[@OhioPalmTrees]

SET ADVICE: from someone who sells palms trees, lose the majesty palm as its already dying from lack of sunlight and humidity. Look up white birds of paradise, will go way better with the set and needs almost no light.

[@ryanra44]

I’m obsessed with watching these videos. Some of these tips have helped me manage my money better. I realize I have too much frivolous spending

[@meagon1020]

I LOVE the small business audits. I have a few friends who are small business owners, ranging from being in business 5 years-30+ years. The biggest takeaways I hear from all of them is how costly it is and you don't see profit right away. So much time and money goes into building it. Owning a business isn't for everyone and audits like this are great for individuals who may want to start on. I really hope this guy is successful.

[@la6136]

Agree. You have to be passionate about your business, believe in it and be willing to sacrifice for the first few years to see the payoff

[@chkngrl]

@Anna-qz6xw, no you just lucked out, there is a reason that over 90% of new businesses fail and that's because it is common knowledge that you typically won't see any real profit for at least the first 2 years. Most people can't float the business for that time period and end up shutting down or they don't manage the finances correctly and realize that every penny that comes in isn't theirs and actually has to go back out in some form or another.

[@XFizzlepop-Berrytwist]

@@chkngrl Yeah, and even if you survive the 2 year mark, a lot still go under within 5 years. If your business survives 5 years, and you show a livable profit, you are generally in the clear, but yeah most fail in 5 years.

[@butskiiueepp1625]

Agreed. I own a detailing business myself . I started in 2010 barely scraping by so had to maintain a full time job. Took me 7 years to become full time. This year I’ll make roughly $375,000 after expenses. I own a shop. The key is offering multiple services ( tint, PPF) it’s easier to reach 5 figures a month by doing that.

[@Junevalentino]

You’re cute

[@chrisoverbey7232]

As a detail company owner myself, I would suggest getting a dealership account for your full time work. Dealerships love consistency.

[@onemanturret1641]

Books like the 4 hour work week tried to tell my gen that grinding was bad and you can just work a little. And this guy and many others fell for it. Most of the time the 9-5 is better off.

[@Julia-b9x]

It's fascinating that he and others open up a business with no business background, no business plan, no budget, no knowledge about finances and no experience in the field. Seriously, is it any wonder that the business is failing?

[@mrscassandrasolano]

The pyramid scheme of “business coaching” is a multi multi million dollar business and I’ve seen hundreds of people pay up for bad advice

[@Ojisan642]

That plus he is a business coach on the side 😂😂😂

[@ruthirwin8222]

And hes coaching businesses..

[@Okchpod]

I think it depends what you want to FOMO into Jason. Some people's objective isn't to stack up on BTC, some people think we're just getting started because BTC dominance is only getting bigger mate. A greater opportunity awaits those that have different goals in mind.

[@FrancesRyan-b2p]

Retirement for some people becomes their bondage in poverty because they failed to invest with the little they have on their active years of working, this is an error we need to start working on now, I’ll advise that while you still can work and earn also take some money aside and invest in your future after retirement so this classification won’t have to be yours

[@LisaCunningham-bn7qv]

Trading became interesting when I met Shanita online and she gradually exposed me to the whole trade market and how to earn massively from it

[@JacolienVos]

Meeting with someone genuinely good at the financial market was a break through for me

[@JewellOguin]

I was introduced to forex with the guidance of Mrs Creswell and there isn’t a single trade I have loosed

[@LarsVanVeen]

Trading bitcoin is a good business one can think of doing.

[@MarcosAlonso-wx8uw]

Yes you're right, bitcoin is a good business

[@johnnycisneros8722]

This seems to be a common problem i come across a lot in the trades. People see videos online of how great it is to run their own business but they haven't actually taken the time to master the trade that they plan to work in.

[@jayjay210197]

Running a business is a skill in itself.

[@MortlachNL]

It might be mathematically the best choice to sell the house, but Caleb must realize that making that decision unilaterally - even though legally he can make it - would likely end that relationship. Pushing that hard for something that is simply a non-starter isn't helping anybody.

[@kavishU0902]

U have to make those tough choices when ur in the situation this guy is in, calling it a non-starter isn't accurate because it litterally is his best option to come out of this hole.

[@beansquee2383]

Exactly. It really bothers me how he genuinely acts like relationships outside of marriage are nothing. 6.5 years and you think telling her “we’re selling the house whether you like it or not”.

[@kavishU0902]

@@beansquee2383 and his partner is saying we aren't even if it would help you a huge amount cause I said so...

[@ryanmorgan9589]

You have no clue. Doing things the right way actually gets you to the destination faster. Even though it might feel like you're going backwards. If is girl didn't stay with him after great advice from an actual pro then he dodged a bullet. Dave Ramsey would have screamed sell the house. Many financial advisors would say the same thing.

[@kakishisfriend1126]

Right that man is going to be homeless asap

[@elainealibrandi6364]

You don't start a business as a beginner. You get experience, contacts, create a budget, figure out the demand and the market first, and then try it. In their excitement to work for themselves, a lot of people skip the first steps to successfully and sustainably work for themselves.

[@MyChannel-on9wc]

I don't see why selling the house is even an option. He should be working a real job or two to afford to live. Especially considering how terrible he is with money and this business. If he sells this house, he'll probably pump all the profit into and lose it into his business

[@rebeccashields9626]

This. He doesn’t need to sell his house he needs a job. He could even still do the detailing on the side. Selling the house would give him a chunk of cash but it still wouldn’t get him an income.

[@monicayami2298]

The issue is that he probably doesn’t want a job, he wants to focus all his time in his business. If he wants to keep the house so bad he needs to just get up and do it

[@ald4911]

I appreciate everyone that comes on but there’s so many people unwilling to do what’s needed to get to the end goal. If you watch Caleb you should know he doesn’t care about what you want but what needs to be done. Getting out of debt is hard and requires sacrifice. Best of luck to this guy.

[@lindajohnson.]

Definitely sacrifice, he needs to tackle his debt.😢

[@superbigblack]

Celeb, what can i do to be debt free? Also Caleb, I will not sell anything or get another job. GO!

[@AJXX]

I am in Albuquerque, my guy. We pay $80 per detail with a mobile guy. I think you're in the wrong city for $350. Our guy has to be booked out about 2 weeks in advance he just bought a Ram van cash he's doing good good. I think you're going after the wrong customers with the wrong advice from you tubers saying, "If they can't afford you, you don't want them as customers"

[@guthriewoodford3040]

I did a similar thing! I started a business at 17yo without any experience and it crashed and burned after 2 years... But then I worked for a few more jobs and went to school, grew up and started another one at 23 which after 3 years is growing and going strong! He needs some life experience first! Watch other businesses build connections!

[@Justauri-asdfghjkl]

I always think Caleb's comment section is harsh. Mad respect to this guy for even exposing himself like this. He has a lot to learn but he's humble and can learn if he puts an effort

[@joesmith3590]

Humble would have got a job and moved this to the side along time ago. The truth isn’t harsh. That is why so many Americans are doing so poorly anything negative is harsh but that is part of being a adult is taking not just positive but negative criticisms. How has the country gone since we began caring for feelings😂😂😂

[@sweetjohnny8211]

Sounds like this guy didn't start with the best plan. When you start on your own, don't schedule a single job for everyday, choose a few days a week and book jobs only for those days. On the days you don't schedule jobs work a part time job, preferably in the field you're trying to break in to. Once you finally hit 100% booking on your business days you slowly expand, work less at your part time job and add another day to schedule for your own business.

[@CJM3TR0]

Thanks, Caleb, for doing what you do. Thanks to you I've gotten a plan put together to pay off two cars. Have an emergency fund, contributing to a 457b plan, and I'm pensioned. I'm trying to make sure I'm set for retirement. You have been a big part of me getting it together. Thank you for all you do.

[@AUsprauer]

FOOD-STAMPS AND MEDICAID… dude… 🤦🏼‍♀️ unbelievable

[@Ghidei53]

I think this is one of the very few times I've disagreed with something Caleb has said. I understand that selling the house is the easiest way to start snowballing the debts, but saying the girlfriend has no say in it, despite her paying for everything but the internet, seems a bit unfair imo

[@NWFBOY]

True he would not even have a hours

[@dincerekin]

Personal finances are personal finances. They are each individual persons responsiblity

[@Tre2cool96]

What is fair is selling the house so that he isnt drowning in debt anymore. One of the many reasons she is paying for everything is because he has a house he cant afford and it would be unfair for him to keep the house just because his GF wants to keep it. He already said he would like to sell it. His GF can give her input, but he has the final say despite whatever she may think.

[@hcirs9425]

If the debt is only in his name, then it's his decision alone. Until they get married at least

[@I..cast..fireball]

she is paying for utilities..... he is paying mortgage.... that does not buy her a say in if he keeps his house.

[@UpstateMan607]

As a business owner I feel for this young man. Wishing him all the best and really hoping his business takes off and he sees a ton of success

[@hamburger512]

You know that’s not happening. The kid needs to sell his house and get a 9-5. He’s not passionate about the industry, he’s $30,000 in credit card debt, and admitted he wouldn’t have even taken this BASIC look at his finances without Caleb. He needs to take the L and sell the house.

[@mitchell10394]

As a business owner, he needs to straighten out before running a business. He’s negligent, doesn’t think deeply, and the business itself has poor potential. I wish him success, but first he needs to change.

[@Frank-os6gq]

BROOO, your supposed to bartend at night and work your business during the day till you make more during the day. THEN quit. Get your booty back to a good bar.

[@People_Scare_Me]

When Caleb is talking about houses and relationships I wonder if he's ever been in a serious relationship cause 6 years with someone and they own a house its not just your decision at that point, you're sharing everything with that person

[@susanclaire901]

"I want to be self-reliant" meanwhile is on Medicaid AND food stamps. My eyes rolled so hard I saw last week.

[@XFizzlepop-Berrytwist]

Those things dont relate? You can want to be self reliant in the future, while receiving help now. Lots of people get help from gov programs or their parents, and are usually much better off in a few years because of the help they received and then do become self reliant.

[@Galworld761]

@@XFizzlepop-Berrytwisthow does he own an asset while receiving assistance? That makes no sense. The aid is subsidizing his mortgage.

[@XFizzlepop-Berrytwist]

@@Galworld761 I dont think you really understand what I was saying. you can WANT to be self reliant and work on getting there, while still receiving help in the now, then once you get back on your feet, you are able to work towards being self reliant, and hopefully achieve that goal. The original poster of this comment was making fun of a person for wanting to be self reliant despite being on gov assistance. There is nothing wrong with needing or wanting help.

[@Bacchus325]

​@@Galworld761because he purchased it and it's his property...

[@theserenecorner]

My boyfriend owns a mobile detailing company that he turned into a physical detail shop in less than a year. I definitely don't want anyone to get discouraged! We planned and saved for over three months before starting his business (he also had over 4 years of experience already in the field). Additionally, I was making enough for him to take the risk but we planned how things would work out financially once he was able to take over the finances again. He now makes well over six figures. Keyword here: PLANNING!! With an industry like this, you have to plan the brand down to creating imaginary days weeks and months of what this business is gonna look like and plan heavily around down season (winter). Also in a business like this you need to be willing to work solo for a long time before hiring a whole team and paying them and yourself a liveable wage on top of expenses, taxes, etc.

[@butskiiueepp1625]

Same situation here! I’ve been in business since 2010. Took me 7 years to become full time and get into a shop but here we are! Glad to hear of your successful auto detail biz owners.

[@theserenecorner]

@@butskiiueepp1625 congratulations to you as well! To more success in 2024 🥂

[@ericahoelscher3733]

Caleb stayed silent at the detail about pre-paid legal services "in case" of the need for self defense. Dude has been traumatized by being robbed at gunpoint. He needs help.

[@nly4607]

He needs testosterone

[@joycef8443]

Sounds like the dude is “ carrying” and is afraid of what might happen.

[@adamseidel9780]

Becoming cautious about something that can plausibly happen doesn’t make you traumatized about anything. He’s been robbed twice and he handles a cash business that involves him traveling to random people’s houses, which definitely puts him a little extra vulnerable to being robbed again. I don’t know if this self defense insurance is the financially best way to deal with it and maybe it’s a little overly cautious, but we don’t need to pathologize everything.

[@derekwilliams7144]

Maybe the therapy he's always hocking?

[@wied]

@@adamseidel9780 It isn't that plausible. The auto parts store he was working at got robbed, he didn't get robbed. I kinda doubt he's bringing large amounts of cash to the people's houses when he details.

[@eclay91]

Caleb complains he cant meet a girl on hinge, then says he doesnt give a fuck about the needs/wants/opinions of this guys girlfriend of 6 years? She supports him and pays for their day to day, without her he wouldnt have that house. She is entitled to say about their life together. Caleb wont find anyone if he keeps saying this toxic shit.

[@dreamchaser5758]

The irony of it all

[@Tank-vi2dv]

If you're not on the title, you don't get a say on a house. Stop playing house, get married, or move on.

[@BiggestRichard]

I don't think Caleb uses that line of thinking in his own life now but he certainly did when he was in crazy debt. If you are in incredible debt you shouldn't be spending money on anything but the debt. Once you are out of debt fuck it we ball do what you want.

[@SAnderson54]

@@Tank-vi2dv then he should lose the benefits that come with her including her as a live-in girlfriend and the financial help she offers via utilities and other household items. I do agree they should get married, but she does have a say and her opinion is valid in this situation.

[@SAnderson54]

I love Caleb, but I totally agree with you. I thought I was the only one that caught this

[@QuestionAndLearn]

Car detailing videos are some of the most satisfying short form content

[@k74728]

His dream is to be a business owner, but he doesn't think he'd ever look at the finances of that business??? That is the most important part of it.

[@Theogrn]

Im like 10 minutes in and can tell this guy needs to get a morning gig where he can be off by 2-3 and then try and schedule detailing jobs after that time. Would help him so much!

[@reecesimn09]

your partner is covering outtings whilst you get food stamps and make 10-20k a year from a start up? thats just wrong!

[@Whatsnewpussycat3]

So ... He’s basically being subsidized by his girlfriend and Americans tax money… That’s quite a hustle

[@Schizniit]

I love how he says "I agree" immediately after defending himself and trying to ease the accountability. Just like me when I was 20 tbh. Always blaming everything else for why I couldn't cope with life, trying to make myself out to be a victim and came up with excuse after excuse for throwing away my life essentially in my early 20s when I had a great job, money saved, I had no debt, I didn't even believe in credit cards (and I still don't have one), I wish I would've had someone just tell me stuff like that at 20-21 because it fuckin sucks trying to rebuild in your mid 20s what should be part of the best years of your life, so the longer to wait, the harder and heavier it feels trying to get out of that. Plus the world really is a cold, but wonderful place if you know what I mean. People will always be kind but no one is going to be able to serve you happiness on a silver platter. If you want to be happy, you gotta work for it.

[@elbeial]

He needs to get a job. His business is a glorified side hustle.

[@MagicJewlz]

From the start just hearing he’s from Albuquerque I knew I was in for a ride

[@EvilDarkCow]

I just started watching your videos a week or so ago. I'm a self proclaimed not-credit-card-person and had been struggling for a while to keep the one card I use kept down (but it's not nearly as crazy as some of your guests), and your videos, and the advice you give your guests, helped me get my head on a swivel and start making real progress towards getting caught up, getting my car paid off, and getting my savings and emergency fund built back up. No more taquitos and BS spending I can't afford. Just yesterday, standing in the grocery store overlooking fancy expensive coffees, I could hear a little Caleb Hammer in my ear saying, "When you're in debt, you can drink Folgers." Thank you man.

[@leyanetmaestrey2]

Thank you for the videos Caleb. Next month I will be out of credit card debt. And I’m going strong to pay off my car after that. I appreciate your videos.

[@MrsAllyMariee]

GF has been carrying him financially so that he can barely make his mortgage payments. I think she has a say in whether they sell or not.

[@guppy719]

She has been helping him a little but it seems like most of it is just him taking on bad debt. They have been together 6.5 years so it makes sense for her to have a say in everything. But that say is predicated on her helping him shoulder that debt burden really if they are serious about marriage.

[@mikegoddard263]

Really, she's completely supporting him, it's ridiculous to act like she doesn't have a say in where they live. If she stops then he'll really be screwed.

[@MrsAllyMariee]

@@mikegoddard263 lol I think we/taxpayers/the government are supporting him. I’m not bashing it, that’s what the system is for and I totally support government assistance ❤️

[@kaylacallaton7829]

legally she doesn't. she's being VERY financially risky by giving him that much money without protecting herself. he could sell the house and pocket everything if he wanted. she shouldve either gotten married to him or at least gotten a lawyer to write up a contract.

[@MrsAllyMariee]

@@kaylacallaton7829 💯

[@VigilanteShark]

Caleb and Team, you guys have changed thousands of lives with these videos. Keep up the great work

[@k74728]

It’s nice to see business coaching is pretty much always a scam lol. Very common amongst the MLM distributor crowd, too.

[@bandanasteve]

Just read the whole description for this, whoever did your tags at the bottom is a genius, good show LMAO. This is by far my new favorite channel

[@janetsavoy6677]

Omg I'm hooked on this channel too!!

[@loriej9297]

This man doesn't qualify for food stamps in New Mexico based on his live-in girlfriend's income. (Max gross household income is $2442/month and she makes $4166/month) So welfare fraud is being committed here - all while he's spending money on a legal subscription service in case he gets in trouble for "self-defense" (WTF?); eating out; and whatever else he wants. Santino, if you're committing a crime you shouldn't brag about it on a channel with 781k subscribers. Maybe notify the welfare office you won't be needing those food stamps any longer.

[@TriHard612]

The self defense is because he has a permit to carry(depending on the state) or just open carries a pistol. He probably has that after being robbed at previous job and being a mobile business. The legal services provides in the case that he has to use the weapon, i believe that one also provides some insurance coverage in the case of a legal settlement against you.

[@loriej9297]

@@TriHard612 But he can't afford it. Plus, it sounds a little scammy even with your explanation of it. But you know more about it than I do so I'm happy to take you at your word. It just gives off the same vibe as home warranties and trip insurance to me.

[@TriHard612]

@@loriej9297 I am not advocating for that particular company either way, just saying what it is and why he has it. in regards to 2a, that aspect is something that has to be accounted for. the cost of lawyer(s) for the use of force is more that most can afford on their own.

[@dreamchaser5758]

​@@loriej9297Your intuition is correct. Most pre-paid legal services are scams. Most subscribers don't realize that claims adjudication is sketchy and not all costs are covered. Subscription fees generally cover the retainer and one appearance. Hardly competent counsel for the duration of the trial

[@davidsensing2664]

When owning a business, sometimes you got to make the tough decision to walk away. He needs to walk away. With the current economy, a detailed out car might be one of the first luxuries cut for most.

[@michaelslifecycle]

The most frustrating part is that he says he has a dream to be self-reliant but at the end he said all he needed was your help in telling him what to do and when to do it. Deep down he really wants to just be told what to do and he’ll get it done. Sounds perfect for him to work for another company. He just had some shitty jobs that made him think all jobs in life suck.

[@tannerdriscoll6699]

He thinks his business is the means to get out of debt, but getting out of debt is the means to make his business successful

[@JuryRigJohn]

He says he works 6 hours a day detailing but makes no money? He wants to be an entrepreneur but unwilling to learn any valuable skill? “I don’t have a passion for it but it’s a low barrier of entry” ya dude find something that a 14 year old can’t do. He’s been at it over a year and still not making money? On a business where the buy in price for equipment is basically nothing? Overhead is minimal, what does this dude actually do all day??? Caleb wasn’t harsh enough. I understand having to consult and make the decision of selling the house with someone you’ve been with for years and they pitch in, but dude your business objectively doesn’t work. Go find a job where you actually make money and learn an actual skill you can turn into a business later. Anything that’s low barrier to entry is low value, sure some guys get lucky and fill a void in a market but the only sure way is to develop valuable skills and become a valuable person.

[@PumpkinPotatoPie]

I can see the frustration and self control Caleb has to try to tell this guy straight up No, his plans are not realistic. The business is failing, it is it not at the stage to start making baller moves

[@CindyM3705]

Right and he’s like, why make a plan? He’s definitely not going to get a job working for someone else…

[@ko676]

Props to everyone who agrees to come to "Financial Audit". I've been watching these episodes non stop for about two weeks and they are incredibly helpful. I wonder, is buying a house with a girlfriend or boyfriend more common than I think nowadays?

[@5daysofcoffee]

This guys math isn’t mathing.

[@gregoryreview]

5:30 Don't be concerned about social media promoting at this stage of your business. The first goal is to get more customers in your service area and that doesn't come from likes and shares. I know 2 mobiles detailers. One guy charges $300 for the best detailing ever, the other charges $80 for a mobile car wash. The guy charging $300 only gets 2 cars a week and has to hold down a day job. The guy charging $80 for a mobile wash gets about 5 cars a day ($450/day). The detailer attracts car enthusiast, the mobile wash attracts everyone too busy to go to the car wash.

[@deechan6894]

Who in the world pays $80 just to have someone come wash their car? Dang!

[@gregoryreview]

@@deechan6894 people who don't want to give up an hour of their day waiting at the car wash. They do it while you're at work or home

[@envisionelectronics]

I've tried to break into full time business for almost 25 years. Every time I run the numbers, I make the decision to keep working.

[@joycef8443]

I managed professional businesses for others (law, accounting) and was good at it but knew enough not to try to own my own business. I did have rental property, though.

[@maxtm3000]

Just depends on what kind of business I guess, some make sense some don't... I found a niche and started a business this year (February) with 6000$ and now I'm on track to make 50k net for my first year with plans to expand.

[@shortybee96]

Every time I think about spending money I think about if Caleb were to look back at my expenses and then it compels me to not spend unless it’s a necessity 😂

[@Drivenaway89]

I’ve been doing the same lol it actually helps

[@jayrodgers4155]

💯

[@shortybee96]

@@Drivenaway89 right ?! My spending has drastically dropped. Especially those stops for snacks (taquitos) at Sheetz 🙃

[@faithrada]

​@@shortybee96LOL.. l hear you. Calib helps keep me honest.

[@kennykauffman6221]

I ran into a gas stool today and bought a snack but for some reason all I could hear was an excited high pitched voice yelling taquitos! Every time I took a bite

[@Americancowboy147]

Can't deny the fact that LVRCH CAPITAL is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.

[@dorcasia109]

He would make more at Mcdonalds or Kum and Go. "Working on myself" smh 😮 I wouldn't sell the house because if you do, your monthly rent could be double this low mortgage payment. At least where I live. This guy's been listening to too many hustling podcasts and positive attitude manifesting on his Audible books on tape. He needs to buy him some banquet pot pies and ramen, rice, and beans. He's a man living off a woman and other people's tax money. Reminds me of some people on Shark Tank selling the house making the family live in their car for a board game invention. He just likes calling himself a businessman. Caleb is so fun to watch. He is a natural on camera. I can feel his frustration radiating through my screen.

[@zlol_ssbm]

Idk how I feel about this guy running a business into the ground while taking my tax money for food stamps lol

[@smartcookie3500]

The math ain't mathing because he isn't married and is able to receive welfare benefits because he isn't reporting his girlfriends wages. I know a couple that does this too. He works full-time and has 6 kids with his girlfriend. She qualifies for all the benefits including Section 8 and cash aid. They drive new Cadillacs and spend hella $$$ on dabs.

[@burkles4456]

And this guy is clearly doing great taking all that welfare. I’m sure those folks you mention are just living high on the hog with 6 kids 😂

[@ultraboombean]

Yep welp can't blame em

[@dreamchaser5758]

What are dabs?

[@yesterdayseyes]

I know people who do this too, it's common and it's fraud.

[@yesterdayseyes]

​@@ultraboombean It's just fraud and stealing from honest people. You just showed us who you are. Shame on you.