Stubborn 41-Year-Old REFUSES To Pay His Taxes | Financial Audit

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[@andrew8168]

Going to a casino while owing the IRS while having 29% credit card debt is almost certainly an addiction...

[@Playingwithproxies]

As his biggest expense I’d have to assume 😅 yeah my dude you work hard for your money why do you want the casino to have it more than the IRS.

[@17h127]

Indeed. He can't afford to blow money there and he clearly isn't winning.

[@user-dw4cv3xq5u]

Comes with the lifestyle.

[@iosgaming2824]

@@PlayingwithproxiesCaleb hasn’t had one like him in a good minute 💀. Dude is narcissistic asf

[@Joce123]

I think that he works too hard and uses gambling to have some fun to balance out the exertion

[@kara8713]

Legit the fact that he was asked about dependents and then forgot he has 2 kids is making me more mad than in should

[@amyomeara2515]

His girlfriend quitting her job and relying on his financial decisions is making me mad…she MUST know he doesn’t take care of the 12 year old? Ugh they seem perfect for each other

[@evalyn3975]

He was going to say 30 then said 41 😂

[@rudyardganuelas6254]

Wait 2 years, and this guy will be lining up for unemployment and welfare. He’d be bitching about not enough welfare

[@TH3L33TM3XICAN]

He probably doesn’t take care of them

[@SPOT305]

He was asked how many dependants on tax return and he didn't lie when he said zero. Now if he was asked how many kids do you have that's different.

[@kellymaiello]

Paid off $27,300 in credit card debt this year. $2000 left to go! This channel has been a huge inspiration.

[@michelejohnson6459]

Wow! I am so proud of you. 🎉

[@karenreid2526]

That is an immense amount of debt to clear - wow! I’m really happy for you & it puts a smile on my face hearing things like this! Go you! 😁😁😁

[@karacop4093]

Great work!

[@andrewgundy3045]

Wow way to go!

[@katewhitt4340]

Good work!!

[@veggiebeat8375]

Earning 188k a year, not paying child support for his first child and owing the IRS is just ridiculous. That guy is a tool.

[@barcster2003]

He's going to end up owing is the ironic thing.

[@talyahr3302]

He looks like one. Straight thumb behavior. Big baby man who can squirt his baby juice and wants the mom to be a stay at home mom, but not paying child support?

[@laundrygoddess4]

He's that Florida guy...

[@meganchambers8108]

I thought he was paying the child support? Maybe I missed ...

[@20_U]

​@@meganchambers8108he is 150 a month

[@marshellpearson8602]

As someone in the trades: this guy is on every crew on every jobsite in every city, in every state. The amount of trades guys with 6 figure incomes and nothing to show for it is crazy

[@AldenPez]

I knew a few who were making bank but paying child support to 3 or 4 different baby mamas! Crazy

[@guhbe385]

1000% I know a ton of people in construction making 250k a year and get the phone bill shut off

[@Mizzy3030]

Im sorry, but anyone who works 80 hours a week and has to spend weeks on-site away from home, just to blow it on cars and gambling, is not very smart.

[@jamsaidemelo1367]

@@AldenPez It would have been cheaper to use protection.

[@nixy0909]

yuppppp its wild to see

[@jackschultz4297]

Openly admitting to tax fraud 5 minutes in is wild, this is gonna be a good one

[@derekwilliams7144]

Holy shit.. just, wtf man

[@vg666]

He's already admitted it to the IRS so admitting it in the show isn't gonna do anything

[@arh1234]

It sounds like the dependent claim was on his withholding, not his filed taxes - that's why he owes but wasn't audited

[@ntb3]

@@arh1234 seems he also didn't file his taxes for years or didn't pay his tax bill for years. For a 41 year old this is full baby rage way of functioning in society.

[@greenAbbot]

That’s not fraud. It’s a quick way to lower the amount of tax that’s taken out of your paycheck, but you still owe the taxes at the end of the year, as this guy seems not to have figured out yet.

[@yyaaii]

“I have no dependents” “I have two children” 😐

[@Revert2017]

I think the mothers are claiming the children.

[@QuickSiR]

Imagine having $12,250 of extra money every month and still living paycheck to paycheck and getting into credit card debt.😮

[@Playingwithproxies]

😂😂😂 while underpaying the IRS and gambling yep this guy has his life together

[@BladerMario]

Gambling will do that to u lol

[@anonmouse15]

I can quite easily do so, as I hear about people who earn more than I do complain about being broke constantly.

[@Dontrolling]

Nobody knows what “living below their means” means anymore. Then people have the nerve to complain that the cost of living is too high, which may be true but to be honest a lot of people’s cost of living is just too high and if they dropped it they wouldn’t be complaining. I’m 19 and understand this stuff and have been teaching myself for months. Glad I am going into accounting it really make more sense when you look at the numbers.

[@KyleUgalde]

Dude makes the same in a week as I do in almost a month.... insane

[@CG-MP]

It's perfectly reasonable for him to be making the minimum payments on her debt if she quit work to care for their child.

[@jessesward9429]

“I like rolling the dice” spoken like a true addict

[@benvail6395]

Hates giving money to the IRS but willingly gives a ton of it to casinos... He needs the same disgust for his gambling losses.

[@devonforsure260]

Except those dealers and table supervisors are smiling at him. At least his drinks are comped on each 2-3k he blows per weekend most likely 😩

[@Playingwithproxies]

And the credit card interest which is quickly approaching his tax burden

[@nathalieli7617]

I was about to comment this. Lol Can't believe this man is allowed to have children with a mindset like that.

[@emilyau8023]

Too many hypocrites exist to basically cover up their bottom line. We just need to pick up the BS. Once we can tell when they're BSing, we know what kind of people they actually are.

[@joeydurant6267]

The IRS should just flip a coin for it lol. He'd be there with bells on.

[@aaronwinneroski7398]

Caleb should dress up as a taquito for the episode the Monday before halloween!! Let's make it happen!

[@becuteforme]

😂

[@PeterSaintPeter]

I’m from Canada and have no idea what a taquito is but apparently they just be amazing because people are going into massive debt for them!

[@KingLouOG]

That be dope 😂

[@luisarturohernandezramirez5910]

YES. CALEB DO A POll*

[@devonforsure260]

Please make this happen 😂

[@malcolmting7127]

Angry at gov for taking 25ish percent of taxes…. Turns around and gives the bank 30 percent interest 😅

[@bridgetlove1884]

And gambles a huge portion of his income away. Yes the government is wasteful with our money but they do provide alot of things we use collectively. Credit card interest and gambling losses do nothing for him or his family.

[@ryanra44]

💯. Top comment award 🥇

[@adamseidel9780]

I’m angry about it too, but I also don’t want to go to jail so I pay it

[@TonyCox1351]

I trust the federal government to spend money more wisely than this guy, and that’s saying a lot.

[@keashablew7728]

And then another huge chunk to the casino.

[@jzmina]

8 MONTHS??? If this man is still in ANY debt after a year, that is a CHOICE

[@petervansan1054]

honestly though, even with taking 1000$ for fun money every month he would be done in 9 months

[@aeromedical6776]

Look at his body language. There’s ZERO this guy is going to follows Caleb’s plan. He lives in moment. He thinks this kind of money will be coming in forever, so why cut his lifestyle? He should be completely debt free and own a home outright. He is going through upwards of $17K a month and racking up additional CC debt. I’ll bet his gf is draped in expensive jewelry and spoils herself like there’s no tomorrow.

[@josie416]

It’s been 7 months I want an update soon. He better be out of fucking debt. That income is so powerful just like Caleb said

[@alissacrizler4908]

Jesus loves you

[@mstokes8785]

Comments like urs r totally unnecessary. ​@@alissacrizler4908

[@cupcakeordeath]

I like it when Caleb sounds mad, looks at a bill, and says “OK” like he went through all the stages of grief at that moment.

[@caleb2159]

Right? It cracks me up every time.

[@meganchambers8108]

Wide eyes, small squeak like he's gonna yell, rethinks, nasal exhale, purses lips, "OK" XD

[@alissacrizler4908]

Jesus loves ya!

[@d_and_flow7341]

Guaranteed. Once the mother of his child sees this episode, she is going to take him back to court for more child support. That $600 he is paying now, is going to be around $4000 a month, and she can easily submit this episode as evidence of income. Bad move my boy..

[@r.h.0101]

Yup. He is toast.

[@trevormcrae]

guy is completely braindead

[@andyfumo8931]

Yea 😂 that 30% is going STRAIGHT to child support

[@Playingwithproxies]

His only hope is she doesn’t stumble across this video 😅

[@SergioMorales-ed5jl]

Imagine being him and reading this comment. In his situation i’d shit my pants. He doesn’t like to pay taxes and his Ex might just hit him with his biggest tax of all time 😂

[@Kelssinho]

Definitely a gambling problem. With an income this strong it's definitely the main reason for being in debt.

[@adamseidel9780]

The second he started trying to play word games (“what’s your definition of gambling??”) to deny he had a problem it was painfully clear where the problem sits.

[@flashoflight8160]

It quacks like a duck. Gambling addiction for sure. Like a 1st time DUI doesn't have a drinking problem when the average 1st DUI got away with it 50+ times before the first DUI.

[@adamlynch9153]

yeah i don't think anyone would have criticized caleb if he said it was actually a gambling addiction

[@austinjacobsen7689]

He's trying to rationalize his gambling addiction. Definitely an addict.

[@bingbongcentralhq]

Yes, and he's gambling with the IRS. And child support.

[@rachelburns5453]

The way hes so used to lying he said "thir- fourty one" in the first 0:02 seconds 💀

[@JennyBean865]

Interesting how you have 2 kids 1 being 12yo but want to "change for your daughter" 🤔 they really think merely paying child support is enough as a parent smh

[@brittneyHunt-ft2xy]

It rubbed me the wrong way how he said he wanted to set up the baby girl in the future but is lying about his income and shorting his first child of support currently who is a few years from needing a college fund.

[@frankc.astle214]

when he almost said 30 instead of 40, i felt that

[@silverplug]

Me too!

[@nextlvlcash]

Same, wrapping up my 30s lol

[@Dan16673]

Lol yup. I hit 40 in july. Same thing

[@Scardor]

Man, once you hit 30 the years just slide by.

[@frankc.astle214]

32 myself, but i’ve felt old since i left high school lol. so im not even an old head anymore, im probably an ancient head 💀

[@guinea_horn]

This guy is so all over the place. Evading taxes, huge income, blowing money at casinos, about to propose to his girlfriend of 10 years. Doing everything imaginable lok

[@Aaron_Ada]

His ex with the daughter is not going to be pleased with $600 a month when she finds out his gross is like $190k with an additional $1500 a month from AirBnB. Going by the baseline of 20% he should be paying about $1200. She could potentially go after him for back child support as well.

[@Orangesunderthemoon]

Caleb’s voice rings through my head every time I try to make unnecessary purchases. “Whatare you eeevan doooing?!” “What doo you meeeaaaaan ‘it’s my self care treat’ you’re spending on a card you just paid off!!”

[@morethan1]

"Why POSSIBLY" is my new catchphrase 😂

[@_2315_]

Taquitos and more taquitos!! 😂

[@stephen8632]

Omg same, I’m be never been terrible with money but having his voice ring in my head has definitely helped fix those things I was a bit more relaxed on than I should’ve been

[@ParkS9321]

"TAQUITOS TAQUITOS TAQUITOS!"

[@AcidSugar1414]

The most useful aspect of binging these episodes, while also ringing the same reality TV bell for entertainment. 🧑‍🍳 💋

[@benland3517]

As soon as you hear “Well what’s the definition of gambling”, you know he’s got a problem

[@faizaaaa4401]

bro the moment he said hed get the itch to gamble my face literally scrunch😭. cuz wym U GOT AN ITCH!?

[@JKRBW]

My four year old has been parroting, "I'm saving all my moooooonies," in Caleb's voice. It was a missed opportunity to not dress him up as Caleb for Halloween.

[@momochanjones7302]

Do it this year and post it.

[@elizabethmahone]

friendly reminder it’s almost time !!!

[@dalton3667]

9:17 "I deserve" is the worst phrase in personal finances. If you feel like you deserve more, you're going to justify overspending on credit and make other dumb decisions. He knowingly committed tax fraud to get what he "deserved". He works 7 days a week in order to afford his lifestyle at 40 years old. This audit is INSANE.

[@flyingdutchman9053]

Self entitlement really is a cancer to peoples thoughts. Noone deserves anything inheritly that isnt a human right. Certainly no luxuries.

[@tamikens]

This is the exact issue I had with his audit. "I deserve..." "I deserve..." "I deserve..." People should be allowed to enjoy the fruits of their labor, but this entitled mindset almost always leads to self-sabotage. You have to learn how to spoil yourself without harming your own self-interest. It is easy to live in the realm of instant gratification, which is his problem. It is much harder to conceptualize delayed gratification for a lot of people.

[@ingetout]

The mentality of “I deserve this” is the biggest problem with society today. Especially for finances, this is why people choose to go into huge debts for everything from vacations to Uber Eats. It is like trying to lose weight but eating pizza and cake because you had a good workout.

[@crisdentaldream2298]

I think he is even more lucky that did not get audit by the IRS yet. I wonder that if he starts to claim dependents probably 1 but maybe not because not even married. My guess he will raise a lot red flags and IRS will wonder why the drastically change with dependents.

[@greggdpa]

I think his daughter DESERVES! $150 a week? Pffft!

[@RemixerUltimate]

I have never heard someone so blatantly admit that they committed tax fraud, then have such horrendous debts oh my lord

[@CraftedHands]

Lying on a w4 isn't tax fraud. Lying on tax return is tax fraud. If he said in his return that he had 5 dependents, that would be a problem. Doing that on a w4 just means they withhold 0$ for tax, which means he would owe all of his annual income tax at the end of the year, plus underpayment penalty. Plus failure to file penalties, plus interest for failure to pay by the due date... but no fraud.

[@Username0467]

Income is almost $200k and his limit is $400? How bad is this man's credit. My god.

[@Playingwithproxies]

I make less than half his income and have 50k+ of reported available credit 😂😂😂 400$ is laughably bad.

[@dookinator92]

That’s his take home too, his income is probably over $300k

[@wied]

Capital One cards are "bucketed," which means that the credit limit pretty much stays where it was at approval. He likely got that card a long time ago, and it hasn't changed since then. I almost have a 800 credit score with well over $100k total available credit over all my cards & my Capital One card that I got 8 years ago (and was my 2nd CC) is still the same credit limit as when I opened it.

[@Kittie28]

I make six figures and Capital One won't increase my Quicksilver card balance over 3K. I just got an AmEx card with a limit of 15K. It's a Capital One thing, unfortunately

[@kunya16]

Between my husband and I are considered low income for our state. Our credit score is so so. Our credit limit is 6k at the lowest. This guy's credit is so bad it's basically nothing.

[@MJSherwood]

His face dropped when Caleb said month 5 we pay 12,000 off the irs bill. The idea of paying more than the payment plan had never occured too him

[@allisoncooke9291]

He’s a lineman. This is the perfect example of what happens with lifestyle increase when income increases! My husband did the same thing when becoming a lineman, i come went up so did his spending. We are on the way to financial freedom thanks to Caleb!

[@brianmiddlekauff2430]

This man has a fundamental misunderstanding of taxes. If he would just fill out his W4 correctly, he wouldn’t owe so much at the end of the year and wouldn’t just fail to file

[@CortezBumf]

classic HS educated American that probably watched a few manosphere videos on why taxation is theft

[@emilyau8023]

Him choosing to not pay taxes while benefiting from other people paying taxes is wild.

[@roxane1237]

Don't they have accountants in the US that can help you fil in your taxes? You pay a fee but they optimize it for you so it would be a good thing for him.

[@theTweak0284]

@@roxane1237 They do, but for most normal people filing your taxes is real easy and cheaper, and anyone saying otherwise is either lazy or very very misinformed. Things like TurboTax (I hate the company but for someone with this kind of income, he can part with some of it) allow you basically put in a picture of documents your job gives you and does it for you. You can also fill out the forms yourself which can take time, but for single income sources, it's not too terrible. If you own a business, real estate investments, are hyper wealthy, or things like that then it can be more complicated and then you can pay someone to do it. There are some companies that will help.

[@06Salvi_LGT]

​@roxane1237 I'd rather pay an accountant than owe to the IRS, that's what I do when I have to file my taxes.

[@linneab8218]

Hey Caleb just wanted to share I started paying of a 10k CC in March and made my last payment last Friday and it felt so good. It was watching you pointing out how much we pay in interest that light a fire under my @$$. Keep it up homie you really helping ppl out here😊

[@heather368]

🎉 congratulations 🎉🍾

[@dreamchaser5758]

Woohoo 🎉 🥂. So proud of you 👏

[@brandi1719]

Congrats 🎉 👏

[@suzykennedy3559]

Congrats🎉 I paid off my last credit card a few months ago. Doesn’t it feel amazing

[@newman716ET]

Congrats!

[@captainsewerrat]

As an Electrician, I can assure everybody, we're not all this dense nor don't we all commit tax fraud.

[@slickfox33]

This guy is a degenerate don't worry.

[@checkers7730]

Certainly not all 😉

[@amberl7773]

Lol of course no one thinks it’s everyone any career could’ve done this but considering his income he’s even more stupid than most anyone

[@Professionaldumbass6998]

What is a hammer?

[@hamburger512]

You all making $188,000 though? Got an application for me?

[@danicarr6625]

Props to this guy for coming to the table so well prepared!! He knew his totals, his minimums, his interest rates, there was no guessing about the utility and phone bills etc. This felt like one of the smoothest audits in a long time! Best of luck and I hope we get good news in 8 months!

[@holdonC]

Did Caleb really suggest to this man to get married at the court house??? Baaaaaahaaaaahaaa!! This overspending toxic man and his sugar baby will NOT settle for any wedding event under $100,000. Court house….. silly.

[@FreebornOutdoors]

He needs to realize the same pain that comes from paying taxes is the same pain from paying high interest debt but he can avoid that!

[@wackOslimO]

YUP!! Hope he sees your comment. I wish him luck

[@pmarcusb]

People are stupid. They will complain about taxes but won't care about interest they pay to corporations.

[@adamseidel9780]

Not really. One of them you got to goose to be stupid enough to inflict upon yourself, the other one is out of your hands. Of course, mental health and rational living is largely about controlling what you can control, so the high interest debt should get most of your attention.

[@TonyCox1351]

He hates paying taxes? HE DOESNT EVEN PAY HIS TAXES. Said the last year he paid was 2020. But I bet his kid goes to public school and I bet he loves his military and fire and police.

[@pmarcusb]

@@TonyCox1351 you know he's waves the American flag, loud and proud.

[@wellsdavidj]

I had a conversation with my grandpa years ago about making more money and saving more money. He said "the more money you make, the more expensive your toys get." These shows really show that. The people that make more money just spend a lot more.

[@slickfox33]

Bigger lifestyle MO money MO problems.

[@billyoung8118]

It is a reality. My income increased quite a bit the last 6 years. My lifestyle hasn't changed by much. I did buy a car (replaced a 20 yr old car that died with a 3 yr old car). Still in the same house I've lived in since the mid 1990s. Have refinanced during the low rates to do a crap-ton of remodeling. Doing a lot of the work myself to save money. But otherwise haven't killed my lifestyle. But damn the taxes are so high! My tax bill for 2022 was more than double what my income was when I started in my field (not what I owed, just the total of all taxes - paid during the year plus what I owed due to slight underpayment).

[@17h127]

Most people spend what they make, regardless of how much they make. More money doesn't solve someone's ability to save usually. I get there's some exceptions around the poverty line.

[@cynsational7225]

I believe this is called Lifestyle Inflation

[@oshitomaha]

This is American way of living. That’s why I say fuck these people that are doing this to themselves

[@BriNathanCollins]

One thing I would definitely bring up with him is the possibility of him getting injured, or if he loses his job, all of these expenses are going to crash him.

[@thenaturalmidsouth9536]

You can just about guarantee he's going to get injured at some point, and he won't have a disability policy either.

[@6SpeedsGood]

Yeah, especially in his job. That many hours, and on new sites all the time, unfortunately the law of averages may get him. And then he is boned.

[@pleasestandby5954]

The ultimate gamble

[@daphne10120]

I’m the granddaughter of a gambling addict. Her addiction has ruined so much. She gambled away so much of her and my grandpa’s retirement before he died. Casinos are evil places. Don’t give them the satisfaction of stealing your money. You will never make more than you put in. If your significant other thinks you have a problem, you probably do. She sounds like a smart gall. The longer you continue to gamble and the deeper you fall into it, the greater the likelihood that she will eventually leave you over it.

[@fredfinger7092]

Gino, whoever sold you a Whole Life policy is not "a buddy of yours". They are not looking out for your best interests.

[@terribleatchess]

he said “tax benefits” before saying he loved her🤣🤣

[@jackb616]

This man is obsessed with taxes lmao.

[@PJ-sv4iw]

That's because certain couples think of their relationships as "transactional, for the benefit(s) of" and not for the romantic/spouse reason.

[@dove861]

As much as I appreciate your frequent uploads, I really hope you don’t burn yourself out, Caleb. Don’t forget to take some breaks and enjoy your successes!!

[@robby95036]

Doesn't like paying the IRS... also doesn't go to the courthouse so he can file head of household or jointly and pay much lower taxes. Someone please make it make sense.

[@holdonC]

The fact he is only paying $600 a month in child support tells me his older child’s mother doesn’t take him to court for re-evaluation of finances. Every 6 months child support may be requested to be evaluated. His oldest child definitely deserves the proper amount he can provide.

[@jamiejame7783]

This man's situation seriously scares me, he is an addict in denial.. with that income he should live beyond comfortable and be able to take care of his TWO kids! He reminds me of my ex, a drug addict who was pretty good at hiding his addiction until he hit rock bottom.

[@deltafox1]

Great example of a blue collar job that pays insanely well. He can max out his 401k, invest in a HSA and FSA, deduct his payments as donations if they are not under his name and reduce his tax burden

[@Dan16673]

He works too many hours. His hourly rate is shit once you minus per dium

[@punkbassandcovers]

3500 net per week. They didn't say how many hours that last paystub was, but let's meet near the middle at 65 hours. That is about $54/hour NET. Let's say it's the max 84 hours, that would be $42/hour NET. Without the per diem it's $48 and $37/hr. Yeah, real sh*t money 😂

[@Dan16673]

H3 is supporting 2 kids and a non working adult. His bills are insane

[@mmmd3429]

The wages are ok for Florida. Get into blue states and the wages are subpar. If he'd work union IBEW he wouldn't have this issue with retirement as it is paid on top of the check.

[@lot2196]

Yes, good money but hard to keep that pace going indefinitely.

[@Scoopstacular]

Five minutes in and this guy is killing me - claims 5 dependents for shits and giggles but doesn’t claim the ACTUAL 2 defendants he has? Where’s the logic bro 😒

[@twlight9000]

I bet the mom of his oldest claims her since it sounds like she’s the primary parent

[@ShatteredF1re7733]

He further added he had another child. So ACTUAL 3 dependents. He was so busy trying to con the IRS he forgot he had a family.

[@kendramarie6981]

It doesn’t make sense he claims them- he owes so much in taxes- he’s better off claiming 0. Read through the lines🤦🏿‍♀️

[@jw26]

My man Gino was GAMBLING! No way he should be in that much debt with all of that disposable income.

[@Playingwithproxies]

He was spending at least as much gambling as he was on the entire rest of all his expenses and payments. Probably near 10k per month. His gf should not marry him unless he actually gets his life in order

[@natalierose1072]

I have seriously cut back my frivolous spending since I started watching this channel. Caleb and his guests have provided me a lot of insight, knowledge and just general encouragement to be better financially.

[@rebeccazeman9309]

This dude is totally screwed if he gets injured at all. My husband currently does tile and flooring and out of nowhere this summer he had to have spinal fusion surgery to avoid paralysis. Zero income coming in for 4 months. We had an emergency fund so we got through it but we're basically flat broke now. He's currently interviewing for a desk job bc he can't qualify for disability insurance due to the surgery and I'm terrified to go through this again.

[@M.Montgomery]

I hope you and your husband are doing better today 🙏 I was thinking the same, people don't seem to take in account that life might take them in an different and unexpected direction. That's why people should life well within their means.

[@SCMaffs1985]

Who says romance is dead - marriage for the tax benefits, oh and I also love her! 😁

[@j15246]

Yea, he loves her is reason #2 for marriage. But he is a good guy.

[@TheSecretPassword]

"I wanna do better for my baby daughter too. I mean, I got another one, but i pay child support so.."

[@SuperbChicken]

Dating for 10 years and not married at 41 is wild😂

[@elizabethallen4353]

doesn't have to be about romance. At this point, they should look out for their best interest.

[@iosgaming2824]

Fr lol when he said that I was like that’s a interesting way to structure that answer

[@Bl4keW]

This guy reminds me a lot of my brother and my dad in the energy sector. They both always had great income, but lifestyle inflation for their families always matched it

[@joycef8443]

Oil patch mentality. Seen it over and over, seen the lay offs and repossessions…

[@Bl4keW]

@joycef8443 thankfully my dad learned and got a little savings. My brother...well we'll see

[@alissacrizler4908]

Jesus loves you and your family!✝️✝️✝️

[@COFFEEKlNG]

He "paid" his IRS debt and now it has become his Credit Card debt... I WISH personal finance was taught in school for THIS reason!!

[@bigboicreme]

Yeah why would you convert irs debt to credit card lol. For one IRS debt doesnt go on your credit report and 2 the irs is very reasonable with payment plans

[@beckypetersen2680]

People can manage to find information about Anything they want--all the pop stars' personal lives and movies - and all kinds of other stuff....if someone wants to learn, there are plenty of channels like this that offer this info for free. This man is almost 41 - obviously capable of learning his electrician's stuff - but hasn't wanted to learn about finances. Hopefully his recent interest in finances will maintain.

[@COFFEEKlNG]

@@beckypetersen2680 agreed, but there is a caveat to that. I was like him, told that if I have a good salary then I am wealthy. That is not the truth. He probably went searching for financial advice and 9/10 times, he was fed trash financial advice and ended up like this. its absolutely his fault, I am not saying it isn't, but I think there has to be a way to educate people better on the way our US financial culture works. Now he is addicted to gambling because he feels like there is no way out and his only option is to hope to make a lot of money all at once to pay off all his debts. All the while digging himself deeper and deeper into the hole he is in.

[@danielredziniak2996]

don't have to teach anything like this, its common sense

[@ShatteredF1re7733]

I felt the same way about his student loans. He should be taking out student loans at 7% so he can pay off his 30% credit card loans first.

[@matthewsawczyn6592]

"To me it's not an issue" - classic gambler line

[@Zoot_of_Anthrax]

Caleb should make ringtones “whaaaatt are you dooooiinnggg?” And “taquitos taquitos taquitos” for bank txt ringtones! Whenever you use your card and get txt alerts caleb can yell at you!! 😂

[@midnightangel9135]

I need this in my life hahaha

[@brianaraymond2910]

THIS 😂

[@SMerlin92]

I an not from the us WHAT IS A FREAKING TAQUITOS HAHAHAHA

[@gabumongirl]

OK, so you think it's wrong to pay taxes to the government that pays for roads, police, firefighters, streetlights etc but you will crank money into a casino that essentially gives you nothing 🤔

[@Playingwithproxies]

Entertainment that you could get for free

[@wss952]

Addiction and copium

[@17h127]

I think it's wrong to give money to either. I still pay taxes though cuz I prefer not to be in jail lol.

[@adamseidel9780]

Believing in paying taxes is like believing in God. You may or may not believe in the IRS, but the IRS definitely believes in you!

[@SpacebarIsTaken]

@@17h127 yeah screw taxes. If we have to pay for certain things like roads and first responders, fine. But we should have a vote on how our money is being spent. $1B to Ukraine, $100M to Israel. It's ridiculous. No taxation without representation.

[@suzykennedy3559]

Viewer for 4 months- I now have an emergency fund cause ‘not having an emergency fund is an emergency!’ Ty for teaching me that

[@billyallen1413]

Love you Caleb I’m not in debt but ur videos keep me conscious on my money and spending and give me insight on what I should and shouldn’t be doing with my money as a 19 yr old so glad the algorithm put ur videos infront of of me I seriously think they have changed the direction of my financially life thank you so much and keep going

[@bruz754]

Caleb, tell him to adjust his W4 so that he does not keep owing IRS. It is better to NEVER owe the IRS...get refund instead.

[@5igmorta]

Homie is living each and every day like it’s his last. Many of us are in this mindset. There’s nothing worse than feeling like there no reason or purpose for your life.

[@barcster2003]

Alot of people have this mindset. He could cut back on spending for 2 years and be pretty well off.

[@itrackin2458]

Ive been watching your channel since March of this year. I had 7K in credit card debit. Two days ago I finally made my last credit card payment! It feels great to have no more CC debit and its all cause of you and your channel. Thanks for opening my eyes on my bad spending.

[@17h127]

That's awesome. Congrats! 🎉

[@beckypetersen2680]

Yeah!!!

[@NapoleonicWargaming]

Great effort bud!

[@NikStar210]

Should I get some debt just to get just as excited when I pay it off?

[@17h127]

@@NikStar210 no lol. Invest in something and get just as excited when you earn some interest/dividends/growth.

[@cardozoinator]

His baby momma probably going to come after him for more child support now. $600 a month on $180K annual income is cheap!!! He should be paying around $10k a year!

[@brandi1719]

He's mad about paying taxes yet gambles his money away. Hope he kicks that habit out the door. Not worth it. I worked in a casino for 6 years. I saw people lose their jobs, homes, businesses, savings... over their gambling addiction.

[@limitlesschoices]

I'm pretty sure it's about being able to choose where your money goes. Taxes can feel like theft.

[@sagesloane]

Hey caleb! I'm a 22 year old student living at home, and have been working since I was 15 with very little to show for it. From watching your content, I am budgeting and now have just over $5.5k in savings! I can actually see where my money is going, and I think this is setting me up really well for having a 'proper' job and being more independent in the future. It's helpful having your voice in my head of what you would say reading the charge back on a statement to stop me from spending recklessly. I have ADHD, and definitely seek dopamine in retail, but I have been so proud of my progress and I attribute a lot of it to you. So, thank you! Keep up the excellent content.

[@rayofsunshan]

Congratulations 🥳

[@sagesloane]

@@rayofsunshan thank you!! up to $10k now :)))

[@Mattwms86]

190 net so that's easily 250k gross or close! But defrauding the IRS is WILD

[@mekhigreene]

"Has beef with the IRS" almost took me out I'm ngl.

[@CassaundraLeigh]

“Kelly bluck bluck” had me rollin 😅 But I really hope this guy fixes his situation for his family’s sake!

[@e2renee]

No my friend. You don’t own a car. The car owns you.

[@KrazC]

I used to live in Central FL and let me tell you, this guy's situation is pretty common. Blue collar folks working 70-90 hours trying to keep a lifestyle that doesn't benifit them, all at the expense of keeping others "kept". All blue collar jobs have an experation date, but Florida in particular with how bakwards they are on regulation. You works HOURS in 100 degree heat making "good money" and your body can only take so much. Gino seems like a really good dude and hopeful his girlfriend's investment pays off, but I hope he realizes that he is on a shot clock, in a "right to work" state and he should be saving JUST in case he has to make a move. Also, PAY YOUR TAXES, they fund your kids schools and the roads you drive on!

[@theTweak0284]

And taxes are used to subsidize the energy sector which he works in! (en.wikipedia.org/wiki/Energy_subsidies_in_the_United_States#Allocation_of_subsidies_in_the_United_States) So by not paying his taxes he is shooting his own job prospects into the future.

[@POVwithRC]

@@theTweak0284 He seems to be doing fine 😘

[@84BlueCrownvic]

This was one of the best episodes. Wow. So many angles. Thank you to your guest for coming on. At the end of the day that was pretty brave to put on display to the world all of that financial mess.

[@MrsAllyMariee]

I think a CPA would be helpful. He doesn’t seem to understand the basics of income tax and filing procedures

[@Dan16673]

Sure doesnt

[@KitKat10281]

Doesn't seem to CARE to understand either... 😢

[@joycef8443]

Yeah, H&R may not be the best solution for him

[@KitKat10281]

@@joycef8443 yeah, agreed, but he really should use SOMEBODY, at least til he gets his situation with the IRS ironed out.

[@KageTact]

My mom would spend 300 dollars on a pack of lottery tickets back in the 90's. She would do 1-2 packs a week at times. She also said she didn't have a gambling problem.

[@bigkieppo]

… out of curiosity did she ever win?

[@KageTact]

@@bigkieppo She did hit a big win in the sum of about 25,000 back then. Which ended up going right back into tickets trying to get even more money. She could never figure out when to walk away.

[@YulunChung]

My MIL was like that. She insisted her win paid a lot of bills but why just save the ticket money to pay the bills?

[@beccawecca916]

​@@YulunChungI could not agree more - After watching this channel I feel truly BLESSED to have been raised so poor that I never had the luxury of developing bad habits like spending money on gambling/other vices! And in response to what you said about ur MIL saying the gambling winnings would go towards bills, then why not just use the ticket money towards bills - All I can say is it is truly remarkable the mental gymnastics people will go through to deny that they have a problem 🤦🏼‍♀️

[@attomicchicken]

I believe I gamble $15 USD a week and I would label myself as having somewhat of a problem.

[@worldwide_wes]

Bro started to say thirty-something, then said he’s 41 in the intro, then said he’ll be 41 next month 10 seconds later

[@t1natr0n]

It's mind boggling how much debt one gets when they make so much money. I'm so grateful for these episodes because it's like a reality check for me and pushes me to do better and knuckle down on my finances.

[@janwillard6708]

Until his gambling addiction is addressed there’s no way he’s even doing the first weeks goals. Not gonna happen. 😢

[@CH-bi8tl]

They need to be married ASAP. Paying for a house put in her name. He's paying her car lease. He needs to make it all official and get all the paperwork updated if he's paying for it and stop the gambling.

[@MichaelLamb-ik4xv]

He should dump her.

[@alexisballard1459]

Buddy’s casino addiction convinced him to just “roll the dice” and fraud the IRS claiming 5 imaginary dependents 😂😂

[@adamseidel9780]

Honestly he’s kind of a moron, so I’m pretty sure his thought process was simpler: “fuck the IRS and I’m confused by this bullshit paperwork but if I write a ‘5’ here I have more money in my check so eff it.”

[@bobdole870]

I’m surprised the IRS didn’t catch it immediately. I’m assuming he went from 1 to 5 independents in a single year.

[@blaqmagik8750]

Well he just admitted to it all on video, so it's only a matter of time lol

[@philfoxtrot2115]

He said he's got 5, then none, then an adult daughter, then a 12 year and a baby....I don't think he knows what one is .

[@philfoxtrot2115]

Wife...girlfriend...two families?

[@FreelanceReese]

“I didn’t have time to propose” took me out 😭

[@feliciagrande128]

Keep up the 3 videos a week Caleb! It keeps me on track with my finances! I did not spend on bullshit for a week!🎉

[@Rdsxfn]

I don’t get how people think they are better than others and can just lie or not pay taxes. The rest of us have to. So selfish.

[@amyomeara2515]

Same people who don’t pay for their kids. Doesn’t care if he leaves his unemployed widow and children behind with a pile of debt. Incredibly selfish.

[@pmarcusb]

This guy's girlfriend got herself a good sucker. She added him to her credit cards to build his credits (he would also be responsible for paying her charges), got him to buy there house in her name only (it's hers if she wants to leave him) and he wants to bankroll her whole college degree, even though he wants her to be a stay at home wife. This guy is so stupid. Claiming 5 kids on his taxes, saying he had 1 kid but later admitting he pays child support on another kid.

[@KitKat10281]

If the mom of the first kid has sole custody, she may claim her every year, so he wouldn't be able to, but he should for sure be claiming the baby!

[@threadyorknot4423]

​@@KitKat10281It makes me wonder if the girlfriend is claiming her and not working to get government assistance

[@KitKat10281]

@threadyorknot4423 that's a good point, could potentially be it. It may be that's she's claiming to be a "single mom" to get more benefits. Guess we will never know the truth, it just seems odd to me.

[@whyme7862]

​@@KitKat10281she could be, but they usually ask who lives at the residence too.

[@whyme7862]

As an authorized user you aren't responsible.

[@4DMBOXNEWS]

Bro making 3.5k per week, and being in so much financial trouble, doing tax fraud, is crazzzzzzzzzzyyyyyyy and not marrying your girl when you've been with her for 10 years and got a kid with her is just bloody lazy.

[@donaldrichey3318]

If you have tax debt, loan debt, car debt, credit card debt, and can’t make ends meet on a solid income you have a gambling addiction.

[@anonmouse15]

Could also be a drug habit.

[@manicnode9303]

I hope he comes back for a follow up episode and has absolutely crushed this plan. I think this is the only episode I’ve seen where someone has a great situation on their hands and just really has to come to appreciate and take advantage of it when so many other people wish they could. Good luck to him!

[@dencentbeatz794]

I saw the TikTok for this dude. Bro 188k is so much money holy he has the potential to have a good life

[@MHSMagicLuver]

Lol. I’m a PA. It’s physician assistant (he said physical assistant or something). It is expensive. Programs are usually anywhere between 30-100k for the 2-3 years of school. And then living expenses. I was very lucky and my grandparents paid for my tuition (which was about 90k for 27 months) and I have 52k in student loans for living expenses, books, supplies, clothes/scrubs, etc. PA school was the most difficult thing I have done in my life and most take multiple years to get accepted (it took me 5 years to get in with a 3.6 GPA, shadowing, volunteering at Mayo Clinic, and working full time in patient care roles (ended up with 10k hours by the time I was accepted). I love that I’m a PA but I also like people to know how difficult it is. Especially because you can waste all that money and be kicked out of programs because your grades aren’t keeping up. And if she goes to school, he’s going to need to be the main provider for the child because she won’t have time.

[@christianscacchetti9178]

If “Florida man”, a New Jersey longshoreman and any random Bostonian all melted into one person

[@whisperthunder1976]

Kept waiting for him to say, "I live my life a quarter mile at a time". Dude, good luck. I think you can get out of this and have a great financial future. Get it!

[@AnonYmous-UserNotFound]

Amazing comment!! Had me laughing out loud to myself 😂

[@twinkletoes982]

The baby mama is the real winner here.

[@mannypvd2296]

it takes balls to air yourself out with caleb. respect man and i hope you're making huge moves towards fixing this. 8 months of sacrifice is nothing. you got this.

[@MissyMessy43]

He isn't going to change. He doesn't think he has a gambling problem but is gambling transactions on his cards are staggering. Until he recognizes he has a problem and gets help he won't be able to improve his situation. Even with get help the ease of online gambling is very hard to deal with. I hope he gets help.

[@raycewiggins]

I’ve seen pretty much every episode of financial audit and this has to be the most insane I have seen. Simply due to the fact that this guy has insane income and yet his debt/tax/retirement situation is still absolutely abysmal

[@ryanra44]

I told my wife the same thing. Never seen someone making $14k a month in massive debt

[@ShankapottimusPrime]

Bro, I never thought I'd see someone i knew IRL on here. This will be the most relatable episode ever for me since we do the same thing job and income wise

[@joonsantini]

Do you have the amount of debt he has??

[@ShankapottimusPrime]

@joonsantini unfortunately its similar, but minus the casinos. More so on helping others by taking a loan out due to some situations with promises, getting burned, and then getting stuck with the debt. Which was mostly family, so there was some kind of mental obligation, then realized within the last year that overextending help is not helping them or myself, and luckily, i do have this great income to make up for it. But lesson learned. But as far as taxes, i can confirm it's rough. We are on the road away from anyone that we care about or vice-versa for ~345 days a year. Home is only a vacation for us, and to see 1000+ dollars a paycheck go to taxes is heartbreaking.

[@versatilex97]

Only Florida man can make this a reality

[@Villhelm478]

I have never felt video commentary more than "has beef with the US gov". Love the video and edits!

[@Daniel.Walker]

Also fair play Caleb on saying about his girlfriend and who chooses whether she’s a stay at home mother or not!!

[@totesmagoats45]

Man with a per diem like that you could tackle those debts so aggressively, especially with that income. Thanks for sharing - it's nice to see older guests whom I can relate to.

[@Playingwithproxies]

I’m so sorry for you if you can relate to this in any way.

[@UrFaveMF]

There are lots of 40 year olds in debt. I’m gonna be outta debt really soon and I’m closer to 40.

[@Playingwithproxies]

You most definitely have a gambling issue if you withhold all your 200k income from the irs so you can gamble on credit card debit.

[@Dan16673]

Yeah. He has a lot of issues personally

[@jorgenunez5875]

Homie commits tax fraud to avoid paying the government but then turns around and hands all his money to the banks 🤦🏻‍♂️

[@1s_that_a_j0j0_reference]

I grew up with 20 guys just like this. They’re not stupid, they just think they’re going to die young and didn’t give a Fuck