Couple Choosing IVF Over Any Chance Of Retirement | Financial Audit

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[@CalebHammer]

btw, if you’re feeling a bit fun (and you have no bad debt), 10 people who purchase some merch from shop.calebhammer.com by the 16th of next month will get a free signed mug 😊

[@victorbaird8220]

😂 I ain’t got no money for that 😊

[@heatherdoeur114]

Aww man! I was really looking forward to buying that judgemental Caleb coffee mug to remind me I don't need to make that Amazon purchase while I still have bad debt😂 Thanks for your videos, Caleb! I started getting my crap together a bit late, but that's ok! I'll turn 39 next month and will have all of my bad debt paid off before I turn 40❤

[@saradube2173]

*looks at debt* ...I don't deserve a free mug

[@badgsten]

Caleb just wanted you to know, the pale grey text on your website is very low contrast therefore hard to read for those of us with low vision. Please consider some accessible web design principles! Thank you

[@NickiNicki140]

I would but I don’t want support the taquito guy with my purchase

[@tk50000]

Caleb!! We followed your advice of “not having an emergency fund is an emergency” and were successfully able to pay for a $1200 emergency situation out of pocket! :) Thank you for the inspiration

[@missmia196]

Congratulations on your hard work paying off!!

[@tk50000]

@@missmia196Thank you! :)

[@user-hd8ej8yx9p]

Good job, Taylor

[@theartofadulting6350]

I genuinely think having a proper sized emergency fund might have cured my depression 😂

[@applefarm6126]

Congratulations!

[@francoq23]

Finally an episode with “older” people going through real life situations and not just a young 20 something doing stupid things that 20 somethings do. The 30’s are rough, no wonder they’re called the messy middle.

[@artursrikmanis]

yes

[@DBrokeMillenial]

REAL LIFE SITUATIONS MY AZZ HE MARRIED AN IDIOT IMMIGRANT THAT PUSHED HIM INTO A DOCTORATE DEBT WHO PREFERS TO WASTE MORE MONEY ON IVF INSTEAD OF CLEARING THEYRE DEBTS SHES ALSO A MULTIPLE CREDIT CARD USER SHES ALSO 40 AND HES 32 HE SHOULDVE FOUND A YOUNGER GIRL SHES RUINING THEIR LIVES

[@nineteenfortyeight6762]

No, these are 40 year- old doing dumb things.

[@okay.melissa]

He’s done multiple videos with older people though???

[@sfrye6769]

Obviously, older people still make stupid decisions without thinking about the consequences. Getting yourself in huge debt to have IVF, while you still owe taxes, even if in Italy, how the F are you going to provide for said baby. It isn’t an age thing, it’s a personality thing.

[@ashamador4572]

i love this episode a lot. the way that man looks at his wife with so much love....so refreshing to see a couple that loves each other so much that you can see it. i wish them all of the luck ever!

[@scareglare]

I noticed that too! I need to find a man that loves me like that

[@courtneya2207]

And its obvious how much they really love and care about their child (hearing people on this show have such clear disdain for their children can really make you lose faith) - I just know their child(ren) will have great successful lives with them as parents

[@missmia196]

This is one of the few financial audits that actually feels very, very normal. They're not psychos, they're not crazy spenders in stupid categories (besides education), no yelling, everyone's well spoken. Nice episode.

[@Cloudyconfusion]

Watch till the end. In the last few minutes they talk about paying $80 for a house cleaner. Him needing to buy 20 pizzas for his birthday party, and then having subscriptions like KZbin premium which you could use for free with adds😑 I thought the same thing until the last 2 minutes and was like wait what?!? They just focused so much on school and IVF and didn’t dig into that

[@Alex-zi1nb]

They’re just a different kind of psycho. Instead of toquitos it’s worthless degrees and trying to have more kids

[@johnzermeno3106]

@@Cloudyconfusion literally none of those are big issues for a 100k+ household

[@izzywoods794]

@@Cloudyconfusionthis made me want to stop watching😂😂😂😂. They were doing so well

[@missmia196]

@@Jake38nine That's exactly what I mean by "normal." The average experience! Because some of these other guests are actually crazy 🤣

[@tyanabarnes6060]

They are such a cute couple! He’s always rubbing her back, looking at her lovingly, and did you hear when he said she inspired him? Ugh I love it.

[@CalebHammer]

They are great ❤️

[@super_blue1544]

Yeah unlike all the other couples who sit spaced and not even looking at each other!! This is a refreshing episode

[@morganrust3856]

the way he looks at her is so sweet, im so happy for them

[@miamartin3283]

he has a little of her accent to. that happens in couples and families because you empathize and admire them.

[@Thefluffytutu]

My fiance does this and so do I. It’s so wonderful to have that. If you ever do don’t let it go… it’s rare! ♥️

[@nocciolina]

They are such a likeable couple. They are so well spoken and really care about each other, family, and their future. Refreshingly different episode from the usual.

[@joec5544g]

That's what you saw? Wow.

[@shutout951]

​@@joec5544gthe most recent episodes are people who either have no mathematical way of paying off their loans and people who just refuse to answer Caleb's questions.

[@braxtonvestal777]

This shit made me so furious. These entitled fucks came from some or the wealthiest areas in Europe. Just to come to America and live better than most native born people... that shit is gross.

[@oliviapetithomme]

@@annacronysm wy? out of all the guests on this show they're one of the better ones

[@oliviapetithomme]

@@annacronysm what about their purchases are narcissistic? :)

[@genevieveprochaska6770]

I so appreciate that they were there together, jointly owning/communicating and seeking guidance for their financial situation. This is what I want to see more of.

[@o0laieta0o]

YES! It was a super interesting episode

[@JerryMetal]

@@stuff1784the woman needs to learn her place though

[@pastdue7170]

Yeah that the thing I noticed couple wise they do the couple thing well together compared to the others lol.

[@Alicialaucirica]

At least they have each other 🤷🏽‍♀️

[@beyond-the-soul8651]

Agreed it was a very interesting episode. The problem is they're focusing on bringing another kid in the world when they don't have the finances to do so. They are already struggling with one kid along with debts that's not going to be paid off for years

[@TheFightzombies]

This guy is correct that he needs a terminal degree in the humanities (PhD, MFA, etc) for a tenure track position, but he’s grossly understating how bad the academic job market is for the humanities. We are talking 1-2 new positions for every 100 PHd grads. This guy is very, very, very unlikely to get a tenure track job in today’s world (and they don’t pay $120-130k in the humanities). * I’m a tenured prof in the humanities with 20 years experience. Just speaking reality here.

[@terricox3559]

Thats a really interesting point. It's rarely spoken about as to whether the positions are even there once you're qualified

[@abccanada6248]

Of course, I myself am not in the field, but my dad works at admin in humanities at university where they have 2 open canadian research chair positions that haven't been able to be filled. Depends where you are I guess

[@danielzegarra]

Exactly. I’m a new Prof. in STEM. And although salaries are higher (120-160k), the competition is brutal (one spot for 300-500 applicants) and this is after 5+ years of underpaid postdoc training after the phd.

[@LavenderA22]

Also, for Texas public universities they passed a bill that got rid of tenure-track positions for new hires so…

[@Cloudyconfusion]

Woahhhh doesn’t get any more “from the horses mouth” than this lol thank you for sharing!

[@champybh]

As a married person, Would love to see more episodes like this. There are alot of complicated financial prioritization decisions that happen when another person and kids come into the picture.

[@melissasheehan9084]

I also love the different POV we’re getting from this couple!

[@jason.cr2]

these guys made Caleb think about working around real-life situations like IVF. I love these videos and having these changes is really refreshing.

[@DBrokeMillenial]

IVF IS JUST OLD LADY EXPENSES SHE NEEDS TO STFU N LET IT GO

[@rebelscumcustomsweathering5584]

I was surprised he didnt tell them they were already blessed with one child and to just forget about a 2nd one unless their financial situation drastically changes. It's not like they're gonna miss the opportunity to be parents they already have a child.

[@XFizzlepop-Berrytwist]

@@rebelscumcustomsweathering5584 Well I do think that would be a harsh thing to say, and it is. I doubt he didnt say that solely for his channel’s sake, but if he did say that, I bet he’d get a lot of hate from people over it, despite it being true.

[@rebelscumcustomsweathering5584]

@@XFizzlepop-Berrytwist I would understand if they had no kids and they wanted to make sure they could experience having a child before that window closes. But the reality is they can't afford 2 kids right now

[@XFizzlepop-Berrytwist]

@@rebelscumcustomsweathering5584 I do agree, when in bad debt, or really any debt, aside from a mortgage, maybe student loans if they arent too high. A kid generally shouldnt be in the equation until debt is handled, and a savings fund is built up.

[@alexisballard1459]

I love that they say “it’s paid off now” no girl it is CONSOLIDATED now. You have MOVED your debt, not paid it off.

[@CalebHammer]

Yeaaahhhhhh lol

[@charlesk22]

🥶

[@superbigblack]

Yea i think when she said paid off as in the card has no balance not the actual debt has been paid off. Plus english is not her first language.

[@soupscriber]

@alexisballard1459 why are you so angry about it lmaoo😂

[@slickfox33]

Same with people who don't include their car debt as debt they think monthly payments until end of time.

[@kylecourtright6222]

Thanks for this episode. We need more audits like this. As a 32 year old who’s married with two kids, I identify so much more with these folks than the 20 year old with 3 cars and spending $1000 a month on door dash. Love all your content, but hoping for more like this!

[@wellsdavidj]

Man this guy getting a Doctorate just to make a possible $60,000 a year is wild.

[@imacyclepath440]

I was making $60k a year over 20 years ago while going to college part time. So around 90k+ in today’s dollars. Working full time going to school at night just for a bachelors degree that I never used. But no student loan debt.

[@imacyclepath440]

The thought of already having a PhD and then going for a post Doc to only make $60k is insane. They seem like very intelligent people but academia doesn’t pay that well. Getting higher education degrees are only worth it if there is a large financial bump.

[@Dan16673]

​@@imacyclepath440it can pay but only in certain positions

[@joycef8443]

I was making nearly that 15 years ago with an Associates!

[@mst-pierrem5729]

Sadly, that the biggest trap. My father was (retired) a very well off president from one of the biggest compagnies, and he said a PHD is a waste unless you are going into the higher education road of teaching or the medical field. Honestly, being highly educated myself I do not recommend anything beyond a master's degree. My husband has an unfinish bachelor degree and he just finish paying his student loans at 40 yrs old! Hell, I garantee that unless my daughter want's to be a physician after trade school it's off you go WORK!!!!

[@nicolekim4022]

Starbucks has an employee assistance program that helps pay for IVF. I have heard of people, even in high paying jobs, taking on a second job at Starbucks just to access this benefit. Not a bad idea actually.

[@Cloudyconfusion]

True! I think chipotle might as well

[@Wolfgoddess56]

Thanks for adding this comment for those who might need to access work to starbucks for such a great program. Plus side pay. Do you know more? Are you able to access this program on part time?

[@loriej9297]

And this guy could make more money working at Starbucks. Two birds, one stone.

[@Wolfgoddess56]

@@aaron___6014 why did you leave?

[@kylekoster3432]

They wouldn't accept a job at Starbucks, they feel far too important to do that.

[@hoops135792468]

As a Bulgarian-American who grew up in Bulgaria it was a really “worlds collide” moment hearing Caleb say Vodafone 😂

[@joec5544g]

LOL... I'm from the USA but watch "soccer" so I know Vodafone... PS: Berbatov was a legend.

[@larasegato1235]

He sounded so confused, it cracked me up😂😂 (I'm also European)

[@willrea9]

So true

[@anipre]

Grew up partially in Sicily. Had a Vodaphone chip in my phone. As soon as she said it I hit the floor.

[@andrewpagan8603]

The way he looks at his wife is really wholesome for some reason. She's talking about her business and he's like "you didn't charge enough for 20 hours of work on a dress" and she goes "actually 24 hours".

[@Cloudyconfusion]

He better look at her lovingly she’s paying for his entire education, birthday parties, friends wedding travel…

[@hornetguy9063]

@@Cloudyconfusionyeah, this guy is, as Jesse Lee Peterson would say, BEEEEETTAAAAA. She’s definitely pretty for almost 40. Wonder how long before that engineering director starts to look real good in her eyes lol

[@daveisdead]

Yea she’s super pretty. He needs to get his ass in gear and start making money to help his family

[@excederal9092]

@@hornetguy9063I doubt anyone would go for her at her age already, they both aren’t exactly desirable, that engineering director could find someone younger than her

[@IAmebAdger]

You guys stop being hateful and insulting please. Love is so rare in this world and needs to be protected whenever it does bloom and looks or money do not entitle you to love.

[@Fatmamafat]

They look at each other with such love and respect. It's refreshing. Wish them the best of luck.

[@ChristopherAbelman]

I am almost through my 40s and This is no time to taper retirement savings. I want to max out my retirement funding and I also have another $200k in a savings account that i want to invest in a non-retirement account.Would it be better going to housing? Maybe own property and let it till im ready to move in at 65.

[@FinnBraylon]

Research dividend aristocrats and choose six to ten firms with over 25 years of dividend payments. Also consider working with an asset-manager to build a strong portfolio.

[@HildaBennet]

A good percentage of people do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… now my dreams are getting bigger. Going from ($50k to $600k) is surreal all thanks to insights from a professional.

[@JosephineKenney]

I thought gains like that are nothing but a pipe dream! mind sharing details of yourmanager please?

[@HildaBennet]

She goes by ‘’Sonya Lee Mitchell’ I say you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@JosephineKenney]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@thebigredfish]

We were going down the IVF path, and when an initial meeting to discuss the costs was $1200, we decided to become foster parents instead. Its a tough decision and i dont fault anyone going the IVF route, but the the costs for IVF are intense.

[@Dowhatiplease]

I just want to say as someone who watched my mom work with those kids growing up, you are a blessing to them and are appreciated so much. I know people are iffy about adoption/fostering but it can be so fulfilling and it really does help the kids when they have good homes. Thank you.

[@sugoiharris1348]

My husband and I decided to forego IVF in favor of fostering as well. It’s not the same as having my own biological children, but we have now fostered over 20 kids, many of which we wouldn’t have been able to foster if we had biological children due to their special needs. It doesn’t really fill the void, but it at least brings purpose to the pain.

[@sugoiharris1348]

@@stuff1784 I know you mean well, but thats naive. It’s not more noble to foster than to have biological children. It’s just something I’m able to do because I could not have biological children.

[@JasonGroom]

While eventually, most foster parents do get the ability to adopt a child, I did, but don't let your desire for a child hinder the process. Our world needs good foster parents, which is an unfortunate thing, but still a need, but all too often, those who cannot have kids let that desire cloud the process.

[@Tatorrella]

@@stuff1784 Same, and in addition with how bad the world has become, all the foster kids without homes, and the Earth deteriorating, it’s selfish to have kids.

[@kathye113]

Loved it when Caleb explained to the couple that it was entirely possible for Ivan to go to the wedding alone. It is an illusion the we can have it all. Sacrifices are necessary.

[@missydiamond9310]

The face she made that showed her utter shock proves to me they need to be happy with one baby and not even attempt a second. She would have been fine at home for ONE weekend alone with their child.

[@wawis231]

​@@missydiamond9310 i imagine its not about being left alone to take care of their kid but rather they don't get to enjoy the wedding celebration together...but what do i know. Being an adult is understanding family is better than external commitments since only they know what they are willing to sacrifice. Ultimately i agree in the case that it's not possible to have it all but it can feel like it if we know what we value and prioritize based on that

[@missydiamond9310]

Whether or not she was upset about being alone or missing the wedding celebration… they’re in a substantial amount of debt. When that’s your reality you have to realize that making sacrifices is better for your family than FOMO in the grand scheme of things. As an adult woman with a child she shouldn’t have to be told this by Caleb.

[@wawis231]

@@missydiamond9310 um ofc the whole point is that neither should be going, so neither should be okay with only him going to some degree but does seem like its more so due to fomo than financial debt

[@wawis231]

@@joetroll9605 uh 💀idk their life story, wth you asking me for? Just said that it's easy to feel like you have it all when you prioritize based on your values and understand you actually can't have it all and are willing to make sacrifices/hard decisions....Most sensible ppl prioritize relationships, loved ones, and having basic necessities met in the short and long term but just bc there's best practices doesn't mean adults follow em, certainly not ppl on this show

[@kylehill4437]

Holy smokes what a well-educated couple. I fully expect them to get out of this, they are definitely in the same team and seem to have a very solid relationship. I wish them the best luck. Very good realistic episode Caleb.

[@AngieMcdonald-fu9nh]

He can write stories in spanish. So can a 10yo mexican child. His degree is garbage. He just doesnt want to work. Hes just putting it off indefinitely. And she certainly doesnt need a doctorate degree to make peanuts in her marketing job.

[@estherturkenburg6659]

I live in Europe and I have to tell you, these videos are such an eye-opener when it comes to the cost of things in the EU vs. the States. Everyone knows that certain things in the states are just stupidly expensive (like education) but then there are things you don't even consider like IVF. I realized I didn't know how much IVF costs in my home country and just found out the first THREE rounds are completely covered by basic insurance (insurance everyone has and costs around 120 EUR a month). I was previously thinking about moving to the States but these videos are complelely scaring me out of that idea. Living in the EU is a blessing in so many ways.

[@Oksobasically2]

Unfortunately everything comes at a cost. You guys dont have freedom of speech like we do. Your tax burden is much higher. The type of cars you can own are restricted. You dont have the right to defend yourselves. Basically your government is much bigger and more intrusive and restrictive. Americans as a whole dont trust the government and because of that we have more freedoms but that also comes at a cost. You are financially responsible for more here and you have farther to fall before you hit any gov safety net. Honestly it all comes down to how much you want the government in your life and your wallet.

[@HQSCJIPZ]

Most countries in Europe want their native citizens to reproduce, even at the cost of IVF… here in America, those in power would rather replace the workforce with migrants, even if they entered illegally

[@It-s-me-P]

@@Oksobasically2 Buddy, you're delusional. Our taxes are a bit higher, not by a lot, and you get much more for them. Yes, looking at countries like Sweden or Denmark, we can say it's bigger by a land slide. However, the quality of free healthcare and social security has also risen astronomically. The type of cars we can own are restricted ? Who the hell told you that? They are only restricted by our roads. You are free to buy a hammer if that's what you want, you will just have to pay more fees because it burns much more fuel and pollutes the city for everyone else. Also, people will just laugh at you and think you have a small pp(can't use the other word cause your free speach google will shadow ban this), but there is no restriction. Free speech ? You're right about that, we don't have one and I don't agree with that. However, it also means we don't have nazis marching down our streets, and if we did, we could put them all in jail. don't have the right to defend ourselves ? You are right, but from what? When people are not allowed to own guns, you don't need a gun. If I was living in America, I would 100% get a gun in today's world. Fortunately, here I don't have to. Basically, your government is much bigger and more intrusive and restrictive. I'm sorry what ? Is it our governments or yours that is listening to everyone and invading their privacy? On the outside, it may seem like in Europe the government likes to hold more control, but here there is nothing going on in the background. Compare that to your IRS, which knows when you use the bathroom at work to take a shit and whether you are allowed to deduct it from your taxes. You have higher salaries and higher purchasing power, but apart from that, there is nothing to be envious of.

[@momochi536]

​@@Oksobasically2 What freedom of speech are you talking about? Can you please enlighten me? I live in Romania and I have never felt restricted in any way. I can say and post anything about the government, have any political views I want, dress however I please and no one has to say anything. Your answer just shows that you have never lived in any EU country. Maybe this "freedom of speech" thing would have been true 20 years ago. Honestly, I feel like if you go out on the street in the US and you say that all this transgender stuff is just bull**it and that you don't agree with removing "he/she" from texts or something like that, you would probably get burned at the stake for it. I've seen people that lost their jobs in US for stuff like that. What kind of freedom of speech is that?

[@victoirenika1822]

@@Oksobasically2 your sole focus on choosing where you live is what car you can drive (apparently bigger, consuming more gas, more expensive and polluting than the EU allows)? you have the right to deffend yourself, the court will not charge you for self defence, when talking about guns, there are no school shootings, there is no need to carry a gun in your house or in the street cause there is npthing that you need "protection" from (ofc there's exeptions but it't the same odds as crossing the street, you could cross it and get hit by a car or cross it safely) yes you pay more taxes, it's not even huge amoutns yet the whole community functions better and that is true to be a personal preference, as for "no free speech" i have no clue where u heard of that lol

[@WanderAroundTown]

I used to work in the IVF field and I’ve seen countless couples stuck in devastating situations including financial. It’s just a “you never know” type of case when it comes to IVF.

[@christianktm2910]

What's IVF?

[@vokeadebayo5701]

@@christianktm2910in vitro fertilisation. Usually for people who struggle to conceive naturally

[@ArtemisMaelstrom]

​@@christianktm2910in vitro fertilization

[@cristinab2263]

​@@christianktm2910in vitro fertilization for infertility

[@kimberlymoriarity]

​@@christianktm2910in vitro fertilization (assisted pregnancy basically)

[@cryola787]

I am an ivf baby from the early 2000's when the technology was new. I cost 30,000 and my brother was 50,000. Thankfully my parents could comfortably afford the costs, and they only had to do two sessions total. I couldn't imagine how disappointing it is to not conceive after each session with it being so costly. Best wishes to this couple.

[@Allison_Hart]

I was a GIFT (gamete intrafallopian transfer) baby born 1993, and I find it interesting that GIFT and ZIFT procedures are rarely done anymore compared to IVF. GIFT/ZIFT is up to *50%* more effective. The common complaints are that it requires laparoscopy, and that if it does work, you don't know as much about the developing embryo at the start. But that seems like a risk a lot of people would be willing to take, for 50% more effective. My guess is it's additional liability for the hospitals/clinics.

[@pigpjs]

don't want to burst your bubble but IVF was 20 years old in the 2000s. Look up test tube babies. That's what kids conceived through IVF used to be called back then.

[@cryola787]

@AKDissident so I can comment on a KZbin video 😎

[@aran7teen]

Usually, you can’t tell people that they can’t afford to have kids … but … in this case, when they already have one and are essentially still in the planning stages of their second child, they can’t afford a second child. And I think they need to hear it.

[@kind2423]

Yes, you most definitely can. If you make a certain income and can’t survive off of it don’t bring a child into it. Plain and simple. Don’t care if it offends you the truth hurts sometimes

[@MisterNightfish]

Of course you can tell people they can't afford to have kids. When it's true, it's true. What's better for the kid, being born to parents that couldn't even afford life without kids or being born to parents that got a wakeup call 2 years ago and got their lives in order before conceiving?

[@josephbrown9685]

@@kind2423I agree. When the mom is already almost 40 and he is 32 with the kind of debt they have, someone needs to tell them to snap out of this fantasy they have and provide for the kid they already have while saving for retirement instead of IVF.

[@pabloescobarschanclas]

@@josephbrown9685i didn’t get to that part as of commenting this but-if they already have a kid, why tf are they going through the insanity again with a second potential kid….?

[@mrscassandrasolano]

It’s a hard decision-I remarried and hoped to have a kid with him but financially it didn’t make sense as time went on (tbh we have 4 kids between us already😅) but it was still emotional and a grieving process-I’m a therapist so I recognized what it was but it don’t make having to make that decision any less heartbreaking.

[@amberarmstrong8573]

As someone with a romanian background there's so much pressure to be "successful" and have a picture perfect family. I'm sure there's cultural pressure there to be in America, the PHD's, and the IVF. I wish this couple the best but I hope they aren't doing all this just because other people are pressuring them into it or it's what is expected of them.

[@daveisdead]

It seems like she actually wants it. The only problem is him. She’s almost paying for his degrees and he refuses to acknowledge that his degree is almost useless. He needs to man up and get a job to pay for his family. I feel bad for her.

[@NovaDoll]

They want a baby and at her age IVF if she only has a few eggs left... So not the same as him trying to get a ton of degrees

[@alexandersantos5364]

They look like they genuinely are on the same page.

[@BillDaBurgerEater]

For a phd, that was pretty dumb of her to wait until she was 36, instead of 26, to try and start to have kids. It's common sense not to wait til your 30s when 90% of your eggs are gone.

[@NovaDoll]

@@BillDaBurgerEater This is not True for all women. Most of the women in my family had kids at 45 all planned and came out perfectly normal. Actually we had a bunch of twins.

[@iitbftw]

This is one of my favourite episodes. Its so much better than Caleb yelling at a brick spending their last pennies on taquios.

[@nineteenfortyeight6762]

These people are making far worse decisions than any tacquito eater

[@rachel4339]

Taquito*

[@rachel4339]

@@nineteenfortyeight6762Taquito*

[@deenahaines200]

Lol love your analogy

[@AlanaBertozzi]

So true!!!!

[@GabrielMartinez-sd8pc]

I understand the desire to have children. If you are in debt, please consider this decision of IVF wisely. Because if it doesn’t work, you’re paying debt to a failed process. Every payment is a brutal and sad reminder of your inability to have children.

[@astrea79]

I was about to say this too. Going to a gyno or fertility clinic, all you will hear is "FREEZE YOUR EGGS NOW" and suddenly it feels like the most important thing. But people really need to take a step back and educate themselves about the process and if having a kid while in debt is really going to make them happy.

[@melevonne]

@@astrea79 This is true, but I understand they have a much smaller time frame so they had to figure out a way to make it work.

[@amoose8439]

​@astrea79 they really need to read the fine print on success rates, people got sold a song I don't think really pans out most of the time.

[@Dan16673]

It always works for the science part. You will get pregnant but it might not hold

[@avres13]

If already in debt before even deciding you want children you need to make some serious changes😅

[@broodfusion]

My wife and I had our baby through IVF, it cost $20K in the end. We didn't have the money straight up so I took on debt. Fortunately my credit score was excellent and I got approved for a 18 month 0% intro APR credit card. I understood what I was getting myself into and had the income to pay it off in time. I set that card on auto-pay and paid it off in 15 months. You can always make the money (back), but those fertile eggs in a woman are numbered.

[@ElaSiromascenko1]

Thank you for sharing your experience! That is how we started off with our IVF debt. The difference is that we were not able to pay it all back while we still had the 0% interest. And that's almost completely on us, but we don't regret a thing.

[@DumpsterFairy97]

As someone who is currently carrying a baby for friends. These situations are heartbreaking. Glad you guys got your baby

[@cryinginstyle]

The saving grace for them are the fact that they are fluent in 3+ languages each: Romanian, Italian, English, and Spanish. They are intelligent and adaptable enough that they could possibly retire in Europe or Latin America with little cultural difficulties. But that’s assuming that foreign living for the umpteenth time isn’t more trouble than it’s worth.

[@laszlobauer5274]

Excellent point. I live in Romania and life is so cheap out here compared to the states.

[@joec5544g]

All they need is for him to grow some "huevos".... Pretty sure he speaks Spanish?

[@blade7506]

@@joec5544gshe needs the huevos wym

[@unknown-ie4hl]

Not intelligent enough to prioritise paying off debt for the sake of their child.

[@Marisa-qr4fw]

@@unknown-ie4hlthe child doesn’t have to worry about their debt.

[@sl1nky775]

I love watching these videos. These have caused me to fix my own situation. In February '23, I wouldve been a highlight reel for Caleb. 6k in cc, 5k to a toolbox, 16.9k for a harley (@25.5%) and more to list. Every time id see a video and go "oh shit, this is me". Caleb, thank you for helping me figure my shit out and stop buying taquitos.

[@davidthosome623]

17k for a Harley at 25% interest? Did you put it on a credit card or something??? Where are you at now if you don't mind me prying?

[@celticsfaninthedesert4778]

@@davidthosome623my questions also

[@sl1nky775]

​@davidthosome623 yeahhhhh....and put the downpayment on a cc and that was for 84 months. So I am the shining example of what not to do. Harley is now refinanced. 15k @7.27% for 48months. Toolbox is paid off and owe $2200 left on cc.

[@GravityGoods]

Great job 👏 🎉 You’re crushing your debt

[@toobaahmed6850]

​@sl1nky775 this is AWESOME!! congratulations on the strides you've made. Seriously that's a lot of work and you should be proud of how far you've come. I'm on the pursuit too to not be a "would be headliner" and reading how far you've come is encouraging

[@lucascolantoni8012]

She was so funny listing off all her retirement vehicles like an infomercial “but wait there’s more!!”😂😂

[@rayisincrisis]

She's hilarious honestly 🤣

[@dearestdarling9467]

😂😂😂

[@Cloudyconfusion]

I mean shes proud of it and she should be! It’s a thousand here a thousand there but it’s something she’s proud to have accomplished. It’s just sad to think she could have $300k saved up EASILY if she wasn’t in debt and that’s how much money she was getting excited over

[@IAmebAdger]

​@@Cloudyconfusion by 3000k do you mean 3 million, or did you slip an extra 0 in there accidentally?

[@Cloudyconfusion]

@@IAmebAdger i mean Im dumb for the typo but not dumb enough to think she could save up 3 million by now 😂 def a typo I fixed it

[@jenwhit439]

Caleb, thank you for the kindness and grace you show people in different stages of life with different priorities. Parenthood isn't for everyone, IVF isn't easy, and it's all time sensitive. However, 100% keep dunking on people for unnecessary degrees

[@user-hn8eo7sh4m]

As someone with a masters degree, I wish more people pursued certifications. The job market is rough out here.

[@hornetguy9063]

Certifications are the new meta. Unless you’re a high end professional who can sell white collar skills to a myriad of buyers, education these days is mostly just people hoping the next useless degree bails them out of the prior useless degree. Meanwhile an AWS Solutions Architect will make like $140k.

[@excederal9092]

@@hornetguy9063how would I get into that, would I need a computer science degree, I’m in community college rn and have never touched coding before, so I’m wondering how hard it would be to just go for one of those bootcamps, I thought the bootcamps looked like a scam in comparison to the computer science degrees

[@SMEGMA42069]

Depends on the field, I'm doing very well fresh out of getting my masters

[@alymayz928]

I'm almost done with my marketing certificate and haven't found a job yet, 😕

[@DelgutCyber]

@@alymayz928 well, that is because marketing is a terrible job market - CRAZY over saturated.

[@Cloudyconfusion]

55k on student loan when he only brings in $30k is wild. Dave Ramsey would be telling that guy to work night shifts at Walmart for the next 3 years to get out of that AMEX and pay off this loan if he wants the education that badly

[@NapoleonicWargaming]

He doesn't want to work

[@loriej9297]

I don't think he actually makes $30k. They initially refused to disclose his income. Later when they were talking about him getting a job with the masters he already has vs. a PhD he said it would be the difference between $30k and $60k. I don't think he's working at all - and he won't even take care of the kid they went into debt to have because I believe they said they spend $1200/mo on childcare. This loser needs to grow the fuck up.

[@maize3239]

PhD salaries are shit. It's a sacrifice you make if you want a doctorate. Not really any other option if that's what you decide to do.

[@Hikouma]

It's crazy! I made more as a parts delivery person!

[@Lauren-yq3ds]

That’s what he needs to be doing but we all know he won’t. He has a PHD

[@TooSquareProductions]

My husband and I too struggled with infertility and it is a devastating, emotional experience. I’ve been wondering when Caleb would have an infertility/IVF couple on here. I kept watching the entire time thinking about all the parallels between their situation and my own. Certain medical choices and acts of fate can have such dramatic impacts.

[@jugendamthamburg-ggkonform381]

Yep, some women have to quit their jobs to be able to get to appointments which are often scheduled work mornings, be able to travel to a country where the prescriptions for the drugs are cheaper, so not only the actual treatment costs but the time off of work because not all jobs are flexible time-wise to travel to the medical appointments. I noticed this while in the US military and also as a civilian. In the US military men who are single can get viagra (it was last I checked a roughly 35 MILLION USD/Year cost to the US military) for free but women with infertility issues are told it is 'G*d's will' and risk imprisonment for taking time off to get urgently-needed (as time is critical, it cannot wait for women as we have a biological clock) infertility treatment.

[@esptraces]

You know what's crazy? Farmers and other livestock companies do cow IVF for pennies on the dollar all the time. It's a racket - the human ivf stuff

[@TooSquareProductions]

@@esptraces It's complete extortion. Unfortunately I'm all too familiar with the costs as I raise cattle. There were multiple occasions I considered using the fertility drugs meant for the cattle on myself.

[@TooSquareProductions]

@@jugendamthamburg-ggkonform381 Not to mention the difficulties faced by women in the military needing the necessary time off for maternal care if they are successful!

[@esptraces]

@TooSquareProductions I don't blame you I often thought about that as well. Extortion is an understatement. It's abhorrent.

[@taylor9645]

Sad this video marks the end of my summer. Back to teaching tomorrow 😂 thanks for spending the summer with me, Caleb! I’ve learned so much and can’t wait to share all this knowledge with my students!

[@CalebHammer]

Good luck with school starting! Have a good semester

[@taylor9645]

@@CalebHammer thank you! ❤️

[@VS257]

Where in the world are you living that has schools start in August? Last time I remember, school starts in September!

[@primalsuga]

​@@VS257most schools start in August. It's literally national back to school month.

[@sweetjohnny8211]

​@VS257 I'm originally from New England and we started in Sept as well. I've been in the Kansas City area for a decade now and they start in the middle of August, it is so weird. They also get out for the summer in the middle of May.

[@weissbiersaufen]

Tough one. I was in a similar situation 5 years ago. Fortunately my wife and I had our son. He turned 4 yesterday. So stressful being in that situation and seeing no other way around it. I feel for them.

[@JKRBW]

I haven't watched yet, but my husband and I also borrowed against our retirement accounts for IVF. There is a genuine ache that goes with your family not being the way you want or envisioned, and having that choice taken away from you.

[@NicholasBall130]

Recently retired and unsure if my 401(k) and IRA will provide a stable future. i need an approach that will align with my risk tolerance and financial goals, i set aside $1m to achieve this. Do you suggest i get into stocks or buy a rental property?

[@StocksWolf752]

Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.

[@cowell621]

I agree. Based on personal experience working with a financial advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

[@LiaStrings]

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@cowell621]

I work with Sharon Lee Peoples as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

[@grego6278]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@Cloudyconfusion]

They put $100 a month aside for their baby’s college fund but then baby goes to the hospital and they can’t pay the $500 medical bill. Something’s gotta change

[@christinewallace9251]

Pay your college off first before paying for your child’s.

[@hornetguy9063]

I bet this dude is going to teach his kid that college education is paramount and that kid will grow up to look down on the guy making $80k a year as a plumber.

[@BigThangs]

​@@hornetguy9063probably not

[@katieh1752]

​@@hornetguy9063I value education and trade work. Its not one vs the other, there's room for both to be valuable.

[@earthstar7534]

@@katieh1752 not when one has oversaturated the market and most degrees don't actually apply to a real job. One is a drain on society and one keeps it running. Plumbers aren't begging for loan forgiveness on taxpayers dime.

[@laurentracy6282]

Their situation is a mess. The way they talk about their household income and his writing and career leads me to believe he currently makes very little money. He keeps taking out student loans for a career he knows won't pay great and he could have done without the doctorate degree. They want kids and are going into more debt trying to have kids. Yet they're still traveling and doing other unnecessary spending.

[@codarus]

I'm surprised Caleb didn't explicitly call out that they have an income problem, not a debt problem. These are two highly educated, hard working people but they're not facing reality when it comes to the income potential vs. total expenses. Even with the husband making $60k after a post doc, they're going to be drowning with paying for a second kid in daycare. He needs to work on his writing on the side and go into something more lucrative than academics.

[@Cloudyconfusion]

He doesn’t have income from his writing so he shouldn’t call it a careeer. You’re absolutely right. He says he will make double $60k if he gets his degree and then says he would make $30k without a PHD. I don’t think he has an income but that’s what he WOULD make. So sad

[@lindajohnson.]

How can they afford another child with child care alone so high. He needs to grow up and stop the degrees! That is just more debt.😢😢

[@deirdrekiely6187]

@@lindajohnson. this is not an extreme example but they are like so many people who have kids they cannot afford.

[@superbigblack]

Wait until they have to buy 4 seats to travel! It's time for an SUV as well that car can't manage 2 cars seats and a stroller.

[@dagmar9019]

I went to a community college to become a hygienist and now make $96,000 a year. I don’t even have a bachelors and i graduated with no debt. I got hired right out of school. Do not go to school for the purpose of being able to say you have a PHD, because it is not necessarily going to pay the bills.

[@TheDaneyeledee]

Honestly, people should only go for professional degrees. UNLESS they have the disposable income to pursue whatever they want

[@jdawson6487]

Whoever is editing in the face zoom-ins needs a raise. They are hilarious.😂

[@mediaobsolete2049]

Imagine being in massive debt and paying someone else to clean your house.

[@ricardovazquez2274]

My mom cleaned houses for those people, she technically had more money on her back account

[@hornetguy9063]

This dude should be dawning a French maid outfit and dusting everything with a feather duster. That would still somehow be more masculine than what he currently does

[@TonyCox1351]

I agree you shouldn’t be paying someone to clean your house if you’re in debt, but for some reason people on the internet hate house cleaners. Even if you make $200K a year and all your cars are paid off, you’ll see tons of people in the comments “instead not that hard to clean your room yourself!”

[@TioMogi]

​@@hornetguy9063😂😂💀💀💀

[@superbigblack]

Aka Imagine being poorer than your house keeper!

[@Rach-lg7fo]

Lovely episode. We've taken to yelling "TAQUITOS!" at each other during our budget check-ins. Great work.

[@shearengineer]

This might be my favorite episode. I haven’t found myself rooting for anyone on here more than I am for these two. Get it done!

[@olivias2836]

One of them should get a part time job at Starbucks. They offer part time employees full health benefits and their health insurance covers 100% of fertility treatments . Edited to add- 28k total for an IVF cycle including meds monitoring etc still seems high. They should shop around for different fertility clinics and even look into traveling out of state. I know people who used fertility clinics out of state that offered better pricing. Clinics in large cities like Houston with big populations and high demand will always have higher pricing

[@jillgott6567]

Wow that is great

[@netizensarrest4241]

If this is true this comment is truly underrated. 👍🏾

[@olivias2836]

@@netizensarrest4241 unless they have changed within the past year I personally know a couple who benefited from this and were able to have a baby and their IVF was 100% covered. There are a few companies that offer this, it’s pretty rare but some health policies do fully cover fertility treatments

[@michelleo1606]

Amazing advice!

[@user-vo8uc7qp3c]

There are actual quite a few companies that have IVF support and benefits that they should look into. This is actually a legit comment !

[@mallorypaddock163]

I love seeing a realistic and not so "damning" video like this. I don't alway like the shaming and negativity of a lot of these (though I recognize that a lot of your audience loves it); but I love seeing you work with people who are aware of their situation and need advice on the next best moves to make and adjustments that will actually make a difference.

[@SamerHijjazi]

Yay, another couple's episode! It's time to invest in another mic stand for the couple's edition.

[@I.amhades]

They should look into a 529 plan for the college savings plan. The gain on the investment will be tax-exempt assuming it is used for qualified education expenses.

[@Dogberto999]

yeah, but the state tax deductions aren't as advantageous in Texas, because there's no state tax..

[@sloth6765]

If I'm saving $500/month into VOO for a nephew with the aim to give him $150-250k when he turns 18, what constraints are there on gifting the money? I don't know if he'll use it to pay for housing during education, school supplies, tuition or just living expenses for four to six years... Will I or him need to submit receipts to the IRS for every charge against the 529 account? Or can I simply transfer the lump sum to his account when he's 18 and that's that? I'm currently just saving it into a regular taxable account because I want to be able to give it to him free of any constraints. He will likely have education paid for by scholarships, so I'm envisioning he should use the money to invest in real estate early (be the landlord for other students!!), but... does 529 prevent that kind of freedom?

[@o0laieta0o]

​@@sloth6765if you're not saving it into a 529 there's no tax advantages, why would you need to file any form? You can look into the cons of using 529 money for non education expenses but he can at least use it for housing during college if that's not covered by tuition (up to the normal housing costs as determined by the university) and materials. He could also roll it over each year to his Roth IRA up to the max annual contribution.

[@o0laieta0o]

10% penalty and taxes on gains for any non education related expense. So yeah, he would not be able to use it for real state, but if you just gift jim the money he also needs to pay

[@adamseidel9780]

@@Dogberto999the state income tax is never a part of the conversation on 529s, it’s just about avoiding capital gains.

[@bethanymills1945]

No shade, but "what do you have a doctorate in?" "Communication"-away from the mic- really got me. 😂

[@Popsmk714]

Why don’t people understand that if you can’t pay your business expenses then you no longer have a business. It’s a HOBBY!

[@Kristenwynnphotography]

I think that's why she closed down - she couldn't scale it and expenses were too high.

[@BingingInPeace-ev3bp]

Learned this the hard way. I blame this on social media. Lots of frauds telling people they can start their own business (KZbin channel) and make bank buy they have no real expertise or services to monetize. Some of us just need to work for some one else, and I do.

[@Cloudyconfusion]

The husband needs to get a second job outside of being a Teaching assistant instead of writing books. I feel like so much stress would be gone if they had a full second income with them being in $97k debt that’s just so sad when he’s a nice happy and capable person that anyone would want to hire

[@Ariosotrio]

I can completely relate to what Caleb is saying about the perpetual cycle of degrees in the arts! I have a BM, MM, and artist's diploma totalling 8 years. Thankfully I had enough sense to not do a doctorate. I ended up taking an online bookkeeping course at age 35, and now I am finally making a decent living doing that. While I had some amazing experiences in college for music - I wish someone had talked sense to me earlier. I have so much catch up to do now financially!

[@Maewtt]

Good on you for asking about the demand for that guy's degree. Too many people take out $100k loans for degrees that either aren't in demand, or have a median salary of $40k per year.

[@miriamkivlehan3498]

Every degree should be subjected to a rigorous ROI analysis. Most wouldn't stand up to scrutiny after Batchelors. Universities are private corporations selling elite validations of knowledge which anyone could acquire for free if what they wanted was the knowledge rather than the status symbol of a validation that cannot be monetized.

[@uuvlv9605]

Honestly if you aren’t getting a doctorates for free and getting stipends then it’s not worth it. I have friends who are doing phds in stem right after a bachelor’s and they get paid like $700-$1000 a week and don’t have to pay for school and room and board and meal plans are free,

[@adamseidel9780]

He also didn’t even answer the question, lol, he just said a lot of people speak Spanish where he lives.

[@PassionPno]

That’s the reason why I didn’t pursue a PhD in Musicology despite being fully-funded. What a waste of time and money.

[@Thaxannadrote]

​@@adamseidel9780I was very much hoping Caleb would catch that and hold the guy's feet to the fire, because he quite literally said he's getting his PHD because she has hers, and what he's working towards is, at best, $60k/year unless he gets VERY lucky and gets on a tenure track. Bro needs to grow up, let go of his facade of "perfect family", and go earn money so his family has a chance at a future. We all know it (likely) isn't gonna end with his PHD. He's gonna keep chasing more academic accolades at the detriment of their future until she forces him to grow up and get a job or she leaves him for someone who will be an equal contributer to the financial future.

[@grantdeniston8013]

I've heard if you ask for an itemized receipt from the hospital, they sometimes reduce/waive the charges they were going to pass on to you as they end up not being able to justify everything....

[@bko2613]

This isn't possible with IVF. You will pay the whole bill bc everything is usually necessary for the treatment to work and it's totally elective and out of pocket.

[@samaria627]

@@bko2613I think they’re referring to the hospital visit from when their son was sick that they’re disputing

[@Fierriel]

Yes! It’s more easy to spot billing errors such as duplicated charges. Also if you can offer a payment all at once they’ll usually give you an additional discount to pay the remainder in full.

[@bko2613]

@@samaria627 ohhh ok yes for this type of bill you're right it could be an option.

[@Alexis_9339]

Around tax time they do discounts as well. I called in to pay a bill and without prompting they said if I pay in full before X date they would discount is 30%, several hundred dollars. But make sure you clarify that the forgiven amount won’t be counted as a loss taken against you on your credit report or anything because I’ve heard of that happening as well.

[@slevitron1543]

This video hit hard; my wife and I are finally approaching the end of our student loans at 34, but we've had trouble starting a family and started consulting a doctor. When it was determined that it was unlikely we would conceive naturally we had to have a tough conversation about whether it would be the right choice for us. We decided to no do IVF and if it happens naturally it happens naturally.

[@appalachiabrauchfrau]

I'm adopted and my parents forget sometimes. They were matched up with my bio* parents so I look like them, have a similar background, etc. Closed adoption is kind of mean because I cannot know my family medical history, but if it is important that the kid look like you a lawyer can work with you to set that up.

[@slevitron1543]

⁠@@appalachiabrauchfrauthe closed adoption may also be to protect you. The reason I didn’t mention adoption in my post is because where I live adoption is more cost prohibitive than IVF in many cases. Our state charges 15% of your gross income as adoption fees unless adopting out of state run foster care. So a private adoption for us would cost $40k not including lawyers, placement (which isn’t guaranteed), etc. If natural conception doesn’t happen for us we may look into adoption in our 40s.

[@stephanienkurtz]

@@slevitron1543Y'all make $266k gross and don't feel you can afford IVF?

[@slevitron1543]

@@stephanienkurtzwe don’t feel like it was a priority at this time.

[@alejandrodelavega1063]

@@slevitron1543 That's fair but you should be aware that chances of IVF working go down over time also. If you want a kid, I would suggest instead saving up for it and finding more affordable provider. It doesn't have to be 30k.

[@cayleejustine8020]

* keeps refreshing page for Caleb’s new video * 😂

[@taylorrobbins1853]

Same though

[@aubreytheweirdone]

Same

[@Cloudyconfusion]

Going to a wedding is a good sacrifice example for Caleb to give. These days no one would think twice about going into debt for something so important. Caleb shows that ultimately a wedding isn’t as important as being out of debt and secure for your future, this is a new concept to me but I hope my normal thought process becomes this way. I actually didn’t go to my best friends wedding last month because I couldn’t afford it but if a credit card would have allowed me to swipe I might have!

[@mrscassandrasolano]

Good for you! I’m sure your friend loves you but isn’t going to be the one stuck with your bills 😅

[@sfowler1017]

Weddings are some of the hardest things to have to say No to. But if you can't afford it, you can't afford it.

[@MissTaelus]

He was absolutely right, though. With money so tight, the guy should have gone solo, as cheaply as possible.

[@Cloudyconfusion]

@@mrscassandrasolano thank you! I was shocked at how nice she was about it, it’s literally my best friend but that just goes to show that the right people would rather you take care of yourself than go into debt to be there for 1 day

[@miawhite1353]

Watching these videos as someone who lives in Australia is wild - particularly the retirement thing. Here if you are working for a company they have to pay a minimum 10.5% of your pre-tax wage to a ‘super’ account that you cannot withdraw from until retirement (except for some circumstances) this is even for casual workers.

[@ElaSiromascenko1]

Romania is quite similar to what you're describing. If you have a full time employment contract the employer has to have you contribute to social security (public pension) and also a private pension (like an investment-based pension fund similar to the American 401k). I'm sure there are loopholes there too based on company size or various types of employment, but the fact that so many employers in the US can get away with not offering 401k (and the fact that you supposedly cannot make a living off of your social security pension alone) is still mind-boggling to me.

[@stephanienkurtz]

@@ElaSiromascenko1there’s no pension, and social security money will almost definitely run out long before anyone our age (20s-30s) would draw from it … so we’re paying into something we’ll never benefit from, then have to save separately for retirement anyway. PLUS won’t get healthcare covered in our old age either.

[@n.8883]

11% now homie 😉

[@impooping69]

Must be nice to live in a first world country :(

[@ryanl3922]

One tip to saving money that I have found with a baby is to shop at places like Once Upon a Child. It's a place you can bring in your clean used clothes get some store credit and buy other used clothes for super cheap. The way I look at it, my toddler grows fast and changes clothes fast. They also don't seem to care about the clothes I put them in. So why not save where I can lol.

[@SarA-cw9xc]

People also give away kids and baby clothes for free all the time because they just want to get rid of them. I see people posting on fb all the time and had lots of friends and acquaintances just offer user clothes because they have so much

[@biffm.2806]

Once Upon A Child is my favorite place 😂

[@beckypetersen2680]

@@SarA-cw9xc The town I life in has a very active freecycle group and there are a lot of bags of baby clothes that just make the rounds. (Poland)

[@mr.anthropology3277]

Pretty much all my kid's stuff comes from there and so did ours growing up.

[@OhWell0]

I didn't buy my kid clothes for years. Everybody has baby clothes they're trying to get rid of. Now I just buy clothes for her when I feel like it.

[@jlane03]

When they said they were going to do another IVF cycle, my heart just sank. I'm glad she has the insurance benefit this time around but spending another $10k when they're in so much debt is such a bad decision! I know people want kids, but they should focus on setting up the best life for the child they already have, instead of taking on more debt to crush their kids in the future.

[@Cloudyconfusion]

Exactly! They were so upset that one kids ER medical bill was $500 dollars. Just imagine if two kids went to the hospital. That’s $1000!

[@hornetguy9063]

Yeah I’d be more sympathetic to that if they were actually childless. But they have successfully reproduced. It sounds like 1 kid is all that they can afford, and that’s the sacrifice that they made by indulging in education

[@daveisdead]

Yea at her age if they didn’t have kids already, I would understand. But one kid is good. Many people can’t even have one. People having multiple kids when they can’t afford them is so bad for society, the child, and the family

[@excederal9092]

@@daveisdeadwithout more children, our western countries will die out

[@maceroee]

Yes my thoughts exactly. 28k+ daycare costs a year when he makes 30k a yr is crazy. He might as well stay home with the kids they really wanted hence the IVF. She is going to get tired of his ass when she has to pay the bills, cook, clean, take care of 2 kids and he is going to school to make 60k. My 2 cents

[@heatherpeterson6454]

Thank you for not making this an IVF bashing session ❤ really love this episode... so happy to see this type of financial audit

[@rayisincrisis]

Honestly I love the couple so far, they're aware enough of their problems and they have a clear goal, much more fun to listen to compare to others

[@taylerlong2995]

Also I feel like they're really in it together. They may not be totally on the right path, but they are on the same one, and that's more than can be said for most couples when it comes to finances. I wish them all the success.

[@rayisincrisis]

@@taylerlong2995 I know! They look like a great team really and that's what matters. Really hope everything works out for them. I saw so much negativity in the comments and it's just a bit sad. I mean they have a complicated situation and still really want to put in the work, that's already better than most people in this show!

[@DericAnslum]

...as opposed to the recent "all I do is drink smoke and eat out but I'm also a crippled victim of mental illness" trope...

[@trishak9911]

Just as infuriating it’s just a bougie version. They can’t afford their lifestyle. They can’t afford kids much less IVF. He’s under employed and sounds like he always will be. They have no idea what’s coming as this child gets older. They’re amateurs at parenting. It’s only a matter of time they’ll want private school for the kids. They won’t want their kids in Houston schools.

[@DBrokeMillenial]

CLEAR GOALS MY AZZ SHES TOO OBSESSED WITH IVF SHES OLD AF NEEDS TO STFU N PAY OFF HER DEBTS

[@RhiannonHookings]

Nice to see what it’s like for two very articulate people about their lifestyle and finances to struggle with their finances. You would think with two PHDs between them they would be able to admit this isn’t their forte and pay someone to help them financially.

[@Jo-lw5dm]

What I’ve learned is, having a PHD does not mean you have common sense

[@NapoleonicWargaming]

​@Jonathan-lw5dm in fact it's often an indicator you don't

[@chriso6042]

​@NapoleonicWargaming especially when youre the only one in the country getting that degree.

[@joec5544g]

Many times the dedication to specializing in one field makes you not so good at the others....

[@Lead-Farmer]

My wife and I went through IVF multiple times. Having an emergency fund and making massive reductions in spending is the key for an ongoing big expense. If you want a kid that badly, you better be willing to eat beans and rice, and have no TV or streaming services.

[@Lauren-yq3ds]

I feel like people are unwilling to sacrifice anything. Our tv broke so we brought the smaller one from upstairs downstairs and use the antenna. People comment I can’t believe you don’t have a smart tv or a bigger tv.. meanwhile we don’t even notice anymore.

[@GardenLikeAMother]

@@Lauren-yq3dssame! Our TV broke and now we only watch shows in shades of blue 😂 I don’t notice it anymore

[@ll2323]

If ur eating rice and beans to have a baby, the baby will be born to a situation where it too will be eating rice and beans. Why have an ivf child at that point??

[@julie3686]

I think they can make it! They seem to have a very strong relationship, are obviously smart and hardworking people and they have a positive outlook. They were just clueless about their finances and needed to figure out where to put their focus. Many of the things you said is something I also learned a lot from. Thank you!

[@Cloudyconfusion]

I think these videos get me so worked up because I’m the child of parents who acted like this with their money. The amount of stress on them and me while expecting to take care of my family (in the near future) is awful. I wish they would have been more mature at my age so I could have a secure home life but instead it’s one of: fights, tears, slammed doors, inability to communicate because they’re so stressed, payments, loans, credit cards, house payments they can’t make (even now at 70) 😢and not actually getting to be a healthy family. I’m in therapy to undo the anxiety and stress I now have. It’s a real domino effect

[@turtleanton6539]

Yes

[@mikededes7862]

Feels refreshing to see two mature, (semi)responsible adults on this channel for the first time in what feels like a long time. As a fellow Eastern European I get the pressure behind the "successful at all costs" kind of lifestyle they're looking at (family, advanced degrees, businesses, etc.) but as an American and a finance person time value of money is sooooo much more valuable. Also one thing to point out is that sometimes business taxes are levied in advance, a kind of estimate for the year, which then get trued up at the end of the year or even after tax season as mentioned, and it's hard to make a good profit to live off of unless you have a side gig (i.e. agriculture), tax evade (based balkan strategy), rely a bit on family (most live with parents well into their late 20s even 30s if they don't go away to college and even then they tend to come back, but homeownership is high and land gets passed down from generation to generation) or are a sole proprietor with very low overhead due to social benefit taxes being levied by the government (but you do get mostly free healthcare). Interesting why they didn't stay back to do the IVF in Europe, I know Italy has some good doctors in the public hospitals overall. Salaries are bad and taxed to all hell but at least quality of life is pretty good. Honestly if they saved up like 500k in the next 20 years they could retire in Eastern Europe and live off of that for years, assuming they inherit a house.

[@ElaSiromascenko1]

Thank you so much for taking the time to leave this very insightful and detailed comment.a lot of it (not all) applies for our situation, and yes, retiring in Romania has always been an option we know we can fall back on if need be.

[@mikededes7862]

⁠@@ElaSiromascenko1thanks for the reply! You really can’t beat the social services, longer life expectancy and cheap living of Eastern Europe. I grew up in Greece almost half my life and have visited your beautiful country, and also now live in Houston so I know EXACTLY where you’re coming from. You’re both in a position where you can clean this up relatively fast and then can live a good life and start saving for the future and building wealth, maybe Ivan has to do some side gigs or maybe teach Spanish online or part time at a school 2-3 days a week which was not mentioned (I know higher education comes with time constraints, but the extra income could go a long way in speeding this up). Always happy to connect offline for more and Godspeed to both of you and good luck with the next kid! 😊

[@anthonyultrino9251]

Love your videos Caleb. I am married with 5 kids and your videos have changed my outlook on finances! I was spending on credit cards and learned very quickly that. “ come on everyone ‘I am not a credit card person’” lol. Thanks for everything you do!

[@celticsfaninthedesert4778]

What’s the household income with that many kids and what region are you in? Just being nosy

[@anthonyultrino9251]

Income is 78,000 living in Arkansas.

[@Driver8takeabreak]

"Nobody gets a PhD for the money" is such an old school mantra. Sure, it's probably true for many people, but you still need to figure out if it is going to be worth it for you long term financially.

[@smartcookie3500]

His videos are for the general population, not anomaly's. Comments like those are ridiculous. More people with high degrees DO actually do it for "status".

[@Driver8takeabreak]

@@smartcookie3500 It was the guest that said it, and it's a very common refrain in academia: the idea that you should be doing it for the love/passion and not for the money. It's a bit too romantic and with how hard getting funding or a position in academia has become it looks especially naive these days. I highly doubt the majority of people in PhD programs are doing it for "status". The vast majority of them are there because they want to keep studying the thing they care about.

[@haute03]

In America, yes.

[@Sid00077]

​@@Driver8takeabreakunfortunately academia has kind of romanticized PhD. They barely pay enough to survive while you do it, and after you do it you are already 5yrs in (more for humanities majors), but the pay is subpar at best (unless you get into industry). And yet it's necessary is you want to climb the ranks (in research settings).

[@Driver8takeabreak]

@@Sid00077 Honestly, I would now recommend early career scientists to work their way up in industry with a bachelors or masters (if they already know they want to stick to industry). Most PhDs aren't staying in academia anymore anyway. That's 5-7 years (or more with a postdoc) where you can be building your experience, but importantly also making decent money (and retirement, which you don't get during key savings years in a PhD program). Sure you likely won't be able to get the very top jobs in industry, but I would bet you may likely come out ahead financially in the long haul.

[@brianc3302]

I like how Chase calls their credit card “Freedom” haha.

[@laurenpayno]

I have absolutely fallen in LOVE with watching these videos; they are addictive! Idk how they appeared on my page but thank god they did! It has encouraged me to be smarter with my finances and opened new outcomes for my life as a recent college grad working two jobs and trying to save all my money. Thanks Caleb for all the advice!

[@jakeb.1318]

I like how Caleb is starting to not bother with creating a budget for people who show no sign of even considering following it. These don't seem like terrible people but to me they seem too caught up in statuses

[@ChiTownTx]

Dudes wearing a 5k watch; Omega Speedmaster Pro. He could sell that and take a chunk out of some of the debt.

[@jessicadawson2353]

This dude seems like the kind of person who can justify anything they want for themselves while at the same time belittling things tiger people want. I am 0% surprised that he’s tens of thousands of dollars in debt, making very little money, acts like he has all the answers, and wears and expensive watch.

[@DivestedChristian]

​@@jessicadawson2353 You clocked him too huh?😅 Yea he's performative and manipulative. They're not on this channel for their smart choices!😂

[@Thefluffytutu]

It could be a fake. Which would be worthless. You don’t know

[@salo1129]

Great Episode! Both guests were energetic and open-minded. Everyone has their own life goals, and only some are worried about paying off student loans, primarily if they can fulfill their dream of having a family. Best of luck to both of them and looking forward to seeing them in a follow-up video in the future. I am looking forward to being on this show as I also submitted my form last night (hopefully get selected) and seeing my overall Hammer Score.

[@joec5544g]

He was like a turtle.

[@drew8235]

As someone focused on both filmmaking and writing, I also would love to have a doctorate. My dream was to teach at university level. However, I also like to be debt free and able to afford more than just food.

[@ethxo6734]

When I started college I wanted to become a doctor, a pediatrician. Young me decided to major in chemical engineering instead of chemistry or biology because the engineering degree would set me aside from other applicants, but more importantly if I changed my mind I’d be able to get a job that paid more than minimum wage. My senior year came and I was so exhausted of being being in school and working multiple jobs and the thought of another 8 years to make as much as a dish washer (in residency) sounded miserable. So I went into industry. My first job paid $72k and within 5 years I was making $130k a year (without bonuses). Had I gone to medical school I’d still be in school, residency making next to nothing while working awful hours. Let’s not forget the 6 figure student loan debt. I’m glad I opted for my plan b option. All that to say, more school isn’t always the answer. The guy needs to take a hard look at what he is sacrificing in pursuit of academia.

[@Junkforcac]

Of all the advanced schooling to pick, you picked the worst example. Medical school has monumental burdens, but even a pediatrician finishing residency at 30 with $300k in loans will have double the net worth you do by age 40. Whether the lifestyle and work of a doctor is worth it is a different question - as far as the money aspect goes, even non specialty doctors in America make an astronomical amount after getting established.

[@ethxo6734]

Most doctors are broke.

[@gladlock]

@@Junkforcac The loans are now up to $500k and they don’t work 40 hours, they work a lot more. Same with lawyers. Lots of doctors are waiting for the gov to forgive loans because their balance keeps growing

[@tgsoon2002]

Damn the wife really the main pillar of the house. You can see how free mind and free of stress the husband is.

[@mahoganychinchilla]

Yeah there's some wierd dynamic going on here, most people say how this is normal but idk they don't seem to know how to do basic things. Maybe move to the US was not the best idea that early?

[@hoops8534]

His unbothered all smiles state is perplexing

[@stephanienkurtz]

She also mentioned offhand at the end that she hates the city for the most part, and they moved there for his family and his schooling.

[@joec5544g]

He's not free of stress, and of mind, he's weak , that's why they're in this situation and won't get out... Any man could notice the situation in the intro.

[@joec5544g]

No offense but, come on.

[@h.d.2219]

Only 9 minutes in and he’s excited to get a postdoc…. I know this is going to be a disaster

[@jeannieneuser5316]

Ikr, I love how Caleb asked what the next step/goal was, and this guy essentially answered, 'To never be able to financially support my family, ever.'

[@kimdavis5403]

And why do I feel she works really hard and he is coasting….🤨

[@hornetguy9063]

@@kimdavis5403dude married a woman 7 years older than him. Dudes with ambition and drive generally are marrying women younger, or at least around the same age (maybe she’ll be 1-2 years older). They even say it, her income goes to the household. His goes to “the debt”. The debt that they let get so out of control, that they decided to air out their finances to the entire internet.

[@deirdrekiely6187]

@@kimdavis5403 Because it's true.

[@gundamnduke0]

just because you are intelligent and well educated doesn't make you wise.

[@LilySaintSin]

so true

[@josephbrown9685]

That’s them in a nutshell. You can tell they are academically sound but their practical sense is lacking.

[@dinaguzun8545]

I enjoyed this episode so much! Thanks to the couple for sharing their story. I'm rooting for them.

[@cyoohoos]

This is tough to comment on. I get wanting a family but they seem to “want” everything. This comes down to what you value. Owning a home, having a retirement savings, etc. Versus maid service, travel, post doctoral degrees…. I wish them well.

[@neoalley]

Caleb was torn on them being "credit card people", they are a unique breed that pursuing life dreams override any concern for debt. ROI is not there-- personal pursuit of dreams is overly weighted. Our typical "not a credit card person" cannibalizes the instant gratification for the 5-year plan. For this couple, it's like don't let the 5-year dreams cannibalize 25-year reality (retirement).

[@tobygrim7136]

This x1000. They seem like genuinely good people/couple but man they justify things quite a bit.

[@hornetguy9063]

@@neoalleypeople like this, their retirement plan is the kid.

[@adamseidel9780]

Agreed. The question they needed to be confronted with and truth they needed to be told is “what is your highest life priority, and you MUST place them in order and everything that isn’t at the top gets cut.” IVF is going to cost them years in later retirement. Maybe that’s okay with them. His non-career is costing them financial security now and decades in retirement later. Flying to weddings and spending on cleaning services can’t coexist with a goal of financial stability. It’s simply time for them to choose what’s important and go that direction.

[@MarkJosephGuitar]

I mean… they have a child. They have a family. The child they do have should not be left feeling like they are not enough to make them a family. Personally, I think they should be grateful and happy for the child they have and not go into more debt to have a second.

[@kayladellorto5720]

Loving the couple content!

[@CalebHammer]

Same!

[@HeroC14]

Caleb when's your SO going to sit next to you and cry over other people's finances?

[@nateschmitz4300]

@@HeroC14 you must be new here. He's on hinge super premium ultra +

[@natashawilliams1694]

Me too

[@Qaos2]

Wow, there’s really people out there who are passionate about things. It’s a beautiful thing to see. If I had a 10 percent of this man’s passion my life would be completely different!

[@KooseWallace]

Have you found your passion?

[@matt61387]

For the "zero interest loan" the interest shown is the deferred interest which is still accruing and will be charged if they don't pay it off by the end of the promotional period. If they pay it off on time it goes away.

[@haywood4299]

Two Phd's and they barely crack 100k combined. If this doesn't snap some people out of the lie that is the university system in this country, I don't know what will. You could do 6 months at a tech school and make almost as much as both of these over educated goofballs.

[@amyomeara2515]

The education is an indulgence. They even said they’re not seeking it for higher pay. Americans need to recognize education is a luxury, same as extravagant vacations or nice cars or clothes/electronics. Choose a doctorate and give up other luxuries. I paid cash, one class at a time, for my degree so I could still afford to support my family and live within our means. Education is absolutely a luxury.

[@Blueskydaisy000]

I clean houses and my husband is a mechanic and we make more than that in a LCOL state. Hmmm.

[@vchafab]

My husband joined the Elevator union right out of high school and makes $190k. School was part of his first 5 years but they paid him during that time.

[@Cloudyconfusion]

@@vchafabwhat’s the elevator union? I gotta look into that!

[@plynn136]

You do not understand the love of learning. Not everyone is cut out for tech temperament-wise.

[@Outworlder]

Caleb dragging his feet on filling cavities is like people drowning in debt racking up more spending in a credit card they want to pay off. First there's prevention, then it becomes a cavity. Then a larger cavity, root canal, crown, bone destruction, death. Go get that done before the "interest" gets too high.

[@juicycouturecollectionsam3473]

They can't afford the kid they have, and they want another one😢. They got one medical bill for the kid and freaked out, welcome to America health care. I don't think they realize the expenses associated with having a child.

[@americanbeautyl]

It's the Romanian dream😅 no joke. I'm from there and it's a dream to have a big family..no matter the finances

[@joelwillems4081]

37-39 years of age you start get the time crunch for having a family. IVF gives you better odds but you diminish that the older she gets. Saving for a year or two and then trying really wouldn't be the best chance at getting a baby.

[@neoalley]

I disagree. 1 year of waiting? She could actually slightly increase chances by focusing on lifestyle enhancements for egg quality improvements (see the book "It Starts With the Egg"). They were successful on their first round. IVF industry runs on fear and panic (see the stupid ridiculous money on egg freezing). She is 39 not 45.

[@hoobidibahentertainment6496]

There better off adopting. At 40yo risk of miscarriage is up to 40% and the risk of complications and abnormalities skyrocket.

[@Kristenwynnphotography]

@@hoobidibahentertainment6496 You have the embryo screened before implanting so your risk of abnormalities is low with IVF.

[@googleuser3749]

Adopted children are not a consolation prize. If adoption was not already part of the options, then it should not be treated as a back-up plan. These kids are not meant to fill a hole for adults. And that's a professional opinion from a social worker who sees the effect that has on children who have been adopted.

[@JasonGroom]

​@@googleuser3749I'm sure by not understanding the motives behind people who can't have children getting into foster and adoption, you make a great social worker

[@skypieper]

Caleb is gonna hit a million subs. I have no doubt, especially the way hes been turning out the videos.

[@gabriellefortenberry2476]

He's right, nobody gets a PhD for money...they get it for ego.

[@envisionelectronics]

this is soooo true lolol

[@Razyelgore]

It feels like he is using her

[@castleincorporated]

yep. once I realized what it was and why I wanted it I didn't need it anymore.

[@kimdavis5403]

@@Razyelgoreabsolutely and once his student debt is paid for he’ll be vetting a young student lol

[@jvansickle6094]

For engineering jobs a Masters might be worth it but definitely not a PhD. Most jobs say; "BS in Engineering with 4 years experience or a PhD in Engineering". Why not work for that whole time gaining experience a excellent pay!

[@scremingwhisper1720]

I bet the woman was making the bulk of that income but she didnt want the husband to get bullied into working his ass off

[@randomsarcasm2022]

Yep. She should’ve aired him out so he’d get his pseudo-intellectual butt into gear.

[@kimdavis5403]

@@randomsarcasm2022exactly!!!

[@Hedgeflexlfz]

this

[@BingingInPeace-ev3bp]

I work in marketing. She absolutely makes like 70 to 80k per year or more.

[@hornetguy9063]

@@randomsarcasm2022nah I respect that she tried to shield him here.

[@mexicanchinese]

Dude. Great energy this podcast. Caleb was in his flow state. Everyones a natural in front of the camera hahah

[@rebeccazeman9309]

Yes! This is the one I've been waiting for! IVF in the US is so expensive and so hard to find a way to afford.

[@davidsensing2664]

We adopted domestically. Said any gender and any race. We nuked our tax withholdings to help pay for the adoption with tax credits and that helped a bunch. It was MUCH cheaper than IVF. No, our daughter doesn't "look" like either of us but she is amazing and loved by MANY.

[@Turboturtle098]

A lot of people I used to work with work at places like Starbucks just until they get pregnant because Starbucks health insurance offers IVF treatment so basically your whole check goes to it but it’s a good side gig if you’re looking for IVF!

[@rebeccazeman9309]

@davidsensing2664 I'm actually not concerned about whether my child looks like me at all. We wanted to adopt originally but we can't. My husband has an old felony Marijuana charge so we can't adopt. Like it's old and he did his 2 or 3 years of probation for it(it was just a possession felony so nothing else) but they still won't let us adopt which is why we have to do IVF. Frustrating but there's nothing we can do about his old "young and dumb" mistakes.

[@Twinkie989]

@@rebeccazeman9309Can he do anything about it considering laws have changed?

[@RedWolfenstein]

​@@rebeccazeman9309it does matter though if your child looks like their parents. I know from experience.

[@elizabethallen4353]

They have one child. Given their debts, job prospects, and lack of retirement, wouldn't it be reasonable to decide one child is enough? I'm not even taking into account the IVF costs for another child. But they don't even deny themselves a family trip to North Carolina.

[@josephjohnson4708]

This video is a game changer, I have been looking for the best way to increase my income and start up my retirement, but I really do not know much about investments and trading stocks. I keep postponing every single day that passes, but I want to begin now. How should I start? What do I need to know?

[@josephjohnson4708]

I know I can't do any investment by myself, because last time I tried, I lost all my money. I am serious and interested but also scared of losing money now. What can I do not to end up with same result as last time.

[@josephjohnson4708]

I have done some research, and what I need is an excellent financial advisor to assist me with what I want to do. A good recommendation will do. Thanks.

[@josephjohnson4708]

Looked up her name *Robin Brezik* and found her website, interesting stuff so far, about to schedule a session with her. Thanks.

[@smartcookie3500]

Scam.

[@serge8085]

​@caseymuller3480nice try, Robin

[@ryanstevens2722]

They are a classic of "I want it all NOW" but don't have the money. How is it that 2 PhDs in their 30s make only $108K? That's why they wont tell Caleb the breakdown of income. It would be very embarrassing.

[@hornetguy9063]

They won’t tell Caleb the breakdown because she earns almost all of it. Notice how he let it slip that $30k was a reasonable income. It’s probably because he’s not making $30k. As a liberal arts / humanities PhD student, he’s probably getting a low stipend (like $2k/mo). The way she answered seemed like she wanted to shield one of them from criticism, and given that she has a real job, it’s probably not her

[@ryanstevens2722]

You are correct, I thought it very peculiar they would not answer a simple question when they are there for financial counseling.@@hornetguy9063

[@Thaxannadrote]

​@@hornetguy9063 And he has insurance coming out of that stipend. Most companies adding a spouse isn't great and she said him getting insurance through his "job" is about the same as adding him to her insurance, so his insurance is taking a good chunk of that stipend. His income probably covers the childcare and not much else after deductions.

[@jessicadawson2353]

What really should have been a bigger part of this discussion was then figuring out where they were going to get an extra $1200 to pay for daycare for baby #2. They’re talking about saving for college, but they don’t even have the money to pay for double day care. They’ll have 2-3 years they’ll have to pay $2400 a month for child care. That’s HUGE. They’d probably benefit by him being a SAHD. Saving for your child’s college is a luxury these people don’t have. They need to wake up/

[@beautyfulbrat]

Technically it’s only one PhD, as a graduate student he probably makes about $30k post-docs make about $60k, professor $50k-250k

[@jameswhite4874]

Damn. Didn't realize how blessed i was. My wifes insurance will pay for 6 IUI treatments and 3 ivf treatments with no copay.

[@emilynogler4653]

That is amazing. I was lucky to have good med coverage, we were first time lucky thankfully.