He Keeps Spending On A High-Balance Credit Card! | Financial Audit

[@mckenna_L_]

He seems so sweet. Hope he’s able to get everything fixed! Also all the “yes sirs” killed me. What a good southern boy 😂

[@kaylaschescke1489]

Can confirm, he is the sweetest ❤️

[@Honey_Daddy]

Can confirm, she said he's the sweetest.

[@TioMogi]

​@@kaylaschescke1489 are you the girlfriend? Haha

[@kaylaschescke1489]

@@TioMogi I am the proud girlfriend, yes!

[@redrob6026]

​@@kaylaschescke1489 he seems like a good lad. Hope you have a lot of happiness in the future. Also he's smashing it for a 22 year old.

[@donvin999]

Only 26 minutes in, but I must say he’s one of the more likeable people you’ve had. He seems to be aware of his issues and is willing to accept ownership. I suspect a follow up with him will be significantly improved. Don’t let me down(some stranger on the internet).

[@ajmarion]

This is like the only guest I think will actually improve 😂

[@PointNemo9]

Because he's a normal person, not a wannabe "influencer" or "content creator".

[@ethanforbes5424]

I’m gonna do my best!

[@ajmarion]

@@ethanforbes5424 right on!

[@donvin999]

@@ethanforbes5424 you’ll do great. I didn’t start to really think about my finances until my 30s. You have a great head start! Best of luck.

[@gregothy9190]

I love how proud he is when he talks about how smart his partner is.

[@lilredexptsc]

I’m in the same boat. My wife is way smarter than me. Not sure how I lucked out there. Lol. Not complaining though. 😊

[@adityadharni5027]

@@lilredexptsc same, makes it easy when stuff needs to get done tbh

[@martincadenas5839]

Simps

[@pabloescobarschanclas]

that was mad cute, this guy seems very likable and transparent.

[@JohnFKennedy420]

Ikr? That’s how I talk about my gf too. I like when my fellow man respects his gf. I feel like that’s a rare trait these days unfortunately

[@randaray24]

This kid is in great shape because he is paying attention at 22 instead of waking up decades of bad habits later. Way to go!

[@LarsHaendler]

I love how he makes no excuses for bad spending. So reflected for a 22 year old guy. Loved his constant "yes sir" when answering.

[@nolan_8]

If I didn't know otherwise I'd say this guy was 30 with his looks and mature attitude lol

[@Born-Bitter]

I want a 1 year follow up with this man.

[@adamseidel9780]

Yes. Good luck to this guy! You know he’s gonna read the comments, so I say YOU GO AND DO IT, buddy!

[@ethanforbes5424]

@@adamseidel9780 yessir

[@deirdrekiely6187]

* reflective, not reflected

[@stalinov91]

He's so polite. People forget these days that you can get almost anything or how much you can get things done if you ask politely

[@fredrickscott6977]

Absolutely😉 It doesn't cost a penny to be proactive in the business of politeness 😕

[@helena3631]

I agree

[@gr8macaw1]

When I came to the US from the UK i was stunned by how rude Americans were. They never say please or thank you. When you hand an American something they just grab it and say nothing. Parents obviously never teach their children good manners or how to manage their finances.

[@M_SC]

The same manners in a bad person would be repulsive.

[@L0wSkiller]

​@@gr8macaw1what area did you go to? It's a regional thing usually. Any overpopulated place can be hit or miss. Usually rude assholes that are the most important thing on this earth. Some of the smaller communities would've been a much better experience 😊 at the cost of not seeing the big metro areas with a billion things to do at all times. It's a tough trade, either have more things to do or have nicer people lol. A bunch of these people in cities are just heathens worth nothing more than a culling

[@Podzhagitel]

this was the first guy who hasn’t had a “BS job” in a while

[@rerungirl]

It’s a good sign!

[@faintedmemo]

Huh? If you're not blue collar, you have a BS job?

[@Reindeer_jay]

I’m going stop watching the next ‘content creator’ 😂😂

[@yokeo]

right i was like the first normal dude again lol

[@HotelBravo556]

Seriously lol. "I'm a social media manager/aspiring actress" is getting old lol

[@arnissley]

You should definitely do audits on married couples/joint finances!

[@okoala62]

Ooh that would be awesome!

[@kae811italia]

Agree! I would love to see both people together

[@Wisegirl2345]

I was just thinking the same thing! I was hoping to join by I am in Canada.

[@Tatorrella]

Oh yeah, love this, especially to see both persons individual finances and relationship with money!!

[@Tatorrella]

@@Wisegirl2345 Omg I hope you make it on!!

[@TioMogi]

He'll be in a great spot in 5-10 years, no question. Nice to see someone who is polite and driven. The trainwrecks that Caleb has on sometimes are definitely entertaining but it's a breath of fresh air to have someone like him on lol

[@karinagutierrez7134]

Agreed. I’ve been thinking more on my finances since watching Caleb’s videos, (I’m frugal so its not a scary situation, more so of I know I’m not optimizing things). However, this video makes me want to look into it out of motivation rather than fear lol

[@denellrandall3441]

I truly believe that these videos are creating a wave of financial awareness that so many of us never received and are suffering the consequences from. I love seeing this account grow by the thousands daily :) Thank you Caleb for your work!

[@jacquelinepaige-hammond3548]

Double Amen

[@burymeinjhenny918]

@@jacquelinepaige-hammond3548 triple amen

[@AriaIndy]

22 and overall seems like one of the most kind, respectful, well spoken, and responsible guests you’ve had! Just the fact alone that he accepts responsibility instead of coming up with excuses for his mistakes!

[@pleaseclap1948]

Wow, someone who owns his mistakes. Crazy contrast to the other guests

[@PistonHonda87]

Caleb: This spending is stupid. Stop it. Guy: you’re right. I will.

[@TheReformedSinner]

My favorite part of Caleb’s show is when he gets so flustered he starts mispronouncing words.

[@jacksonohno]

Would love if you made this show available for a podcast version.

[@ojosepedrorocha]

Yeah. I find myself putting his youtube videos on while driving, kinda makes it difficult to use GPS

[@Extreme_Gardening145]

Seconded

[@josh1045]

KZbin premium. Easy

[@ThisisJenn]

Caleb, give us podcast so we don't have to pay for youtube premium 🤣🙏🏻🥲

[@GriffinsGarage]

Honestly this is a great idea, I think it would be good exposure for the channel also to have these on more platforms other than youtube even if its just in an audio format.

[@chickensquishy123]

What a lovely, respectful young man. Way more responsible than I was at 22 I'll tell you that 😂 fingers crossed for him sticking to the goals outlined by Caleb, it can only get better from here 😊

[@miapestano766]

Congrats on 200k!! So proud of how far you have come and I can't way to see you grow :)

[@CalebHammer]

Couldn’t be here without you!

[@GaryWinstonBrown]

Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy

[@Bradleyschaeffer376]

A very good technical analysis and understanding of price action in the market makes trading easier and less confusing. As a beginner, I strongly recommend a professional for your analysis, she is Juliann Hart

[@AdelinaLanoszka1299]

She's unique in the field just got to keep to her instructions and you Excel.

[@Bradleyschaeffer376]

It's quite easy to get to her..She is well known and can be liaised on telegam with the user name below

[@Bradleyschaeffer376]

Juliannhartt

[@Bradleyschaeffer376]

[@crystalwaters8909]

As a 22 year old guy, I'd say he's doing alright. At least he realized his bad habits early enough on to get help and fix them for his future. He is so polite and I wish the best for him and his partner!

[@mikeadams6671]

P😊

[@mikeadams6671]

😊😊😊😊⁰00

[@carolg6598]

A big thank you to the folks willing to come onto this show and bust open their books for the world to see. We aren’t that different. The most important thing that defines us is if we are willing to make those uncomfortable changes to better our situations.

[@ethanforbes5424]

Thank you for the Audit! I paid off the prime card and put 1k down last credit card! Also found time for a hair cut!

[@CalebHammer]

Wooooo!!! Go Ethan!!!

[@madatnumbers88]

That must've felt great, a weight off your shoulders!

[@ethanforbes5424]

@@madatnumbers88 it feels good to have a direction and it feels good to have a focus now.

[@Pixeliria]

Honestly so refreshing to see your willingness to change! You're great! Keep going!

[@chukuemekaoje1015]

Thank you so much for sharing your story and mad props to you! You've got a great head on your shoulders and you're in a place that most of us have been. I say this as someone who once saved quite a bit of money and then spent it all over a course of 4 years. Wish you all the best.

[@deborahgunther8454]

These are my favorite videos to watch while working - they keep me motivated to achieve my goals and improve my finances. Thank you to Caleb and all his guests!

[@kierstenbrowne]

same, i get so impatient waiting for a new post

[@MyName-wq6xz]

Finally a likable guest! So happy to see someone on who isn't just trying to gain social media fame. Love this video!

[@trishconcepcion1623]

I love Ethan, he is so humble and eager to improve himself! I'd love to see a follow-up episode on him. Can we also see how Caleb organizes all these debts/incomes/assets when he interviews folks? He takes a lot of notes and I'm curious as to how he sorts through the numbers.

[@jonchrzanowski725]

When he said I really like shiny things and then started talking about buying tools, I felt that

[@TromboneLoki]

Always nice to see a regular guy come in, who's gotten into some trouble and has a way to get out of it now

[@aaront936]

He's confusing how credit cards report to the credit bureaus. You can have 10% reported usage on your card at the closing statement date and still pay the card off in full before interest is incurred. Pay your cards in full people.

[@josh1045]

Hey Caleb, one thing it seems you kind of missed- the grocery budget he gave you was wayyy too low. If he's buying UberEATS 20-30 times a month, that's the reason his grocery bill is so low. Because he's never eating groceries. His food bill will get much higher with no more ordering take out.

[@GlamGoddes101]

They *might* be able to get buy with $400 a month on groceries for two people though, I do think it would be a little higher in reality

[@Tanya_Offscript]

$400 a month for one person is fine (I’m assuming the partner is buying her own food). I feed 10 people for around $900 a month, so it’s do able

[@choreomaniac]

Good call. They didn’t take they in the calculation. Maybe they should transition to a food delivery service like blue apron or hello fresh. It seems they need more cooking experience.

[@J.R.Reflections]

Really feels like he is in the right mindset big picture and just needs a wake up on the smaller picture. He seems to have big goals but needs to focus down on the small stuff to get after them. He might not be a credit card person but at the same time he seems like he knows more about finances then most Americans so I have a lot of hope for him. Caleb you should have a follow up with him in like 6 months. Also the "yes sirs", now that's a true and true blue collar southern man and I love it.

[@LouEaze]

What I learned from all of these audits is that Caleb loves Lupe Tortilla. Someone get this man a gift card 😂

[@Emily-me]

I love this guy. I felt bad for feeling kinda disgusted by some of the others you’ve had on but seeing the personal responsibility he’s showing makes me feel better. He’s young but more of a grown up than most people on this show.

[@33rdstreetknits]

The way my brain did a drag style dead drop of unbelief when he got called out for the Door Dash and he said “I have no excuse for that.” Omg. Someone who is actually taking responsibility and seems like he wants to do right by himself and his girl. Sir, do you have an equally responsible brother?

[@Theaterkid4L9733]

You're not supposed to keep it at 30%! Glad he recognized the need to come on the show. With the income and new info, and his young age, the future is very bright for this young man

[@f80cam]

Going from an episode of someone that needed to be told what "withdrawing from bank account" means to this guy is such a breath of fresh air. I love the things Caleb has to say but man I get so mad at some of the total air heads that come on. Mad respect to this guy.

[@Revert2017]

The more I watch your show, the more I am against student loan forgiveness. Most of these people blew the money on crap and now they don't want to be held accountable. Seems like a nice guy, though.

[@mrs.annalie.kotajarvi]

For real ! I think it comes from they believed the lie that a degree is all you need to be successful but didn’t realize it is certain TYPES of degrees and it doesn’t guarantee anything without work ethic. Because of their bad decision making they think they deserve for it to be taken away from their responsibility so they can blow money in other ways. They signed the contract telling themselves it is imaginary money that they never have to pay back

[@adamseidel9780]

I still think people’s obsession with and prioritization of credit score rules is CRAZY. A $1000 balance on a CC isn’t bad because it’s impacting your credit utilization, it’s bad because it’s costing you ALMOST $300 A YEAR in interest! The credit score will improve in due course, but the MONEY LOST is what’s most important!

[@LisaInTheSkyMU]

I’d love to see a follow up with Ethan (and maybe his partner can do an audit if she wants to and they can talk about it from the shared perspective) 😊 Definitely seems like a guest that will benefit from your input, sometimes it feels hopeless and that the person just won’t make any change.

[@olivialewis1027]

this guy is really honest and more aware of his faults than a lot of the people i've seen on FA and he owns them. i have confidence he'll turn his situation around. he's got a good attitude and a why, he just needed a clear direction from caleb. i wish the best for this guy.

[@shaereub4450]

Can we get Graham Stephan on here, or Caleb on the Iced Coffee Hour podcast?

[@xXidol]

200k already? Wasn’t it just last week you were giving away $1,000 to someone once you hit 50k? EXPONENTIAL GROWTH

[@laurapatrice1986]

Found this channel a couple of weeks ago and I've been binging all the videos. Oddly enough, it's great audio for me to listen to when I'm out on a run. Anyway, I've always been very number-averse. I'm a writer and I've always been terrible at math, which somehow translated into me avoiding calculations on my income and spending. I'm fortunate that I don't have any debt, but I'm not saving like I should. Since finding this channel I've FINALLY sat down and crunched the numbers. I'm a week into cutting out fast food/dining out spending. I've also cut out superfluous visits to CVS and the grocery store for junk food. It's amazing how much bad spending becomes a habit. It's a struggle, but I'm optimistic that I'm making real change and will actually save money for once! One day at a time.

[@nathaliefrisch2360]

Congrats, I also realised I’d slipped into some not great (but not awful) spending habits and dismissed it because I have no debt and savings but getting my shit together

[@chriset21]

You can tell that Ethan is actually serious and is paying attention to everything Caleb is saying.

[@kindredkey]

The most telling thing about this young man's success is that he's ready to do whatever it takes to get himself in a good place! My unsolicited cents: don't buy a house with your partner until you two are married. It gets messy from a legal point of view if you do.

[@illustrations.by.sheposco]

Hi Caleb, Just wanted to thank you for this show! I started watching in November and I hear your voice in my head every time I think about going to Mcdonald's lol. Showed you to my partner and he's on it now too. It's really helped us get a grip on finances and take advantage of this gap between student loan repayment. I was spending 400 dollars a month on fast food previously and this has helped me spend less than 10 dollers now. Its really been amazing.

[@SirBoberus]

What a respectful gentleman. The way he speaks and listens is by far his best quality. I think he totally deserves to progress his future and I can see him doing very well one day.

[@aaronschutte7160]

Along with his teachable attitude which is a plus, this guy is also naturally highly intelligent. I think he’s going to be just fine in the future.

[@jdy89]

Very mature for his age. I think he'll do great. I envision great things in store for him and his girlfriend within 5-10 years. You go Ethan!

[@chriswilson1968]

22? Looks 35

[@cdawgg7348]

this man has super respect & seems raised right. he seems a good man. i look forward to him going far now, he took this seriously i think. hope you're doing well. you too Caleb as well!

[@sergiv5613]

I really like that he says "sir" a lot. Theres not many people left that have that kind of respect to someone else. He was raised right.

[@RealBoiJare]

I get tired of it pretty quick. After about the first 5 times, its like - okay, thats enough bud

[@chickensquishy123]

Had the same thought! Would be proud to have a son like that ❤

[@Wisegirl2345]

This was a wholesome video to watch. How you guys communicated so smoothly through the interaction is very nice to see. Puts a smile on my face and very humble

[@colewhitehurst3734]

Much respect for the guy, not to say it's a valid excuse but 70 hour weeks working out in the cold... 3-5$ coffee is a lot cheaper of vice than most construction field folks

[@roseaskew8596]

Love this guy, he seems so teachable and doesn’t let ego get in the way of hearing the things he needs to hear to change his financial situation!

[@truthhurtts]

Man this channel exploded so fast. 200k is crazy. It was just like yesterday you were pushing for 100k. Commenting for the YT Algorithm Pt.83

[@CalebHammer]

Thanks to your support!

[@truthhurtts]

@@CalebHammerAlways brother 🙏

[@joewez]

Once he gets on the route he wants to be on, he's going to kill it! His mindset and willing to learn is top notch! I hope he follows up, can't wait to hear how well he's doing

[@brendenrudolph5230]

no way dudes 22

[@amyone790]

I’m addicted to these videos , I’ve finally caught up so seeing a new one has been uploaded is the best feeling 😊

[@CalebHammer]

Wow thank you 😊

[@AfterCoffeeWithJess]

same ! i was about to type this and saw your comment so just adding on to this instead !

[@kfitz192]

Rooting for you Ethan!!! PS. It great watching a segment without having my blood pressure go through the roof!

[@seaneager4147]

I am amazed by this dude at 22 years old. I wouldn't have been thinking about ANY of this at his age.

[@JoeCastro]

My life goal is to watch one of these and not think “damn I need to be better” 😂

[@13isa45]

There’s a couple decent ones honestly, forgot which one but one guy on here came from a successful family his parents were like engineers and they have like 3 or 4 sons all in med school.

[@RealBoiJare]

@@13isa45 lol. And let me guess, they were either asian or East Indian

[@Ragdollmaster333]

I like to think I'm in a good position financially. But I would love to see what Caleb would yell at me about.

[@melc900]

As a Brit, one thing I've learnt from this channel is that Americans work a lot of hours. I was originally doing 37.5 but dropped half a day bc that was too much for me lmao

[@thefunfam1433]

Yea for most Americans that’s not a lot! My husband works routinely 60 hours a week.

[@Newtzz_]

How is 37.5 hours a day a lot? It's just full time work, a lot of us in the UK work 40 hour weeks in one job.

[@kantoshero]

31 an hour would be a dream. Currently sitting a little over 25. Gotta keep growing!

[@bloodCount8895]

Contribute to your HSA! It's a triple tax-free benefit. You get pre-taxable income benefit, growth is tax-free, and no fees/penalties when used for qualified medical expenses. Then when you're on AARP you can actually start using the account as a personal account, and just pay taxes on the money withdrawn no extra fees.

[@Skullfire56]

That dude is 22?!

[@jaxonk]

More like 35 😅

[@juliepopp5975]

Thought the same thing, he looks 40.

[@newskiee]

@@juliepopp5975 22 pounds overweight

[@AmazinMusicNYC]

He looks like he is 28 or 30

[@larrman5409]

Be nice people

[@lauren_vlach]

I like this guy, one of my favorite guests you’ve had. Very honest and takes advice. I would love to see a follow up on this one because I feel like he will actually make a change.

[@pilotoblackbird433]

This guy is like Chris Pratt from Parks and Rec, just a loveable guy lol

[@myyt3824]

The “yes, sir’s” are so genuine ❤ this guy is sweet and coacable. He will do great!!!

[@jaydubya9265]

He is young. They will clean this up and be off to build wealth!

[@cptnbennett]

You should start cashing in on why you’re really here Caleb and start an OnlyFans.

[@CalebHammer]

😏😏😏

[@octarinecx]

Oh my goodness Caleb! CONGRATS! You went from under 50k to 200k subscribers in a couple of months, amazing! Keep it up, I love these videos!!!

[@nowcj]

My boy here so stressed about his finances that life has him looking like a 50 year old man. I’m glad he’s working on his stuff.

[@DoubleJabSlipRightHand]

Your boy here? What's that internet hip hop millennial social media lingo?

[@momsspaghetti4504]

@@DoubleJabSlipRightHand😂😂😂

[@AfterCoffeeWithJess]

he's so polite

[@ndmp913]

One of your best episodes yet. You can tell he really values your advice and is going to follow through. No excuses, just education.

[@Driver8takeabreak]

Saving $1500/month for a house, while carrying a credit card balance is crazy. Pay off your cards!!!!!

[@IvyLilley]

Pausing the financial audit I was already watching to click the notification and come straight here 😅

[@CalebHammer]

🥰🥰🥰🥰

[@letthePigeondrivethebus]

Same! I had just finished one and was recommended this one. I thought, "hadn't seen this one yet" and then realized by the comments it was just released 😄

[@anncromarty2590]

I love this guy. He is so humble and self aware and yes, coachable. He will go far.

[@XxhimynameiscynxX]

Dude is the oldest 22 year old I have seen! Def mature ole boy :)

[@findikification]

I get so excited everytime you post a new financial audit! Best videos on youtube!!!

[@lookingforsure]

He's 22 . So young yet so hardworking. Love him

[@eliseg0001]

Congrats on 200K! Your content is such good quality so I’m excited to see how fast you keep growing

[@CalebHammer]

Thank you!

[@William47345]

dang hes 22. id guess hes 35

[@Lord_Vanns]

I thought he was in his 40s

[@lupe8519]

Good mannered guy for a 22 year old. Finally someone who didn’t make me cringe lol

[@JazzysStyle]

actually with the currently inflation, high yield saving accounts of 3.5% and buying CDs/bond of 5% is guaranteed. I've lost money in the stock market, and it hurt. But all the new money, i'm putting into CDs and it has been 100% worth it. I plan to take advantage now and hopefully hope back into mutual and index funds when i predict the stock market to recover. - not sure if it is the best way, but I like seeing the earnings grow while my index fund tanked during covid. : ( in 2023, you have to have a high yield savings account. took my brother 1 year to believe me and now loves how easy it is to make money while saving. I really hope this guy has one of these accounts since they are saving for a house

[@nickydee569]

He's the oldest looking and sounding 22 year old I've ever seen he makes me feel like a soy man

[@Steve-kj9tx]

stay in controls, a good controls tech can make A TON of money! Controls are required and very stable. It's becoming much more technical and 'smart' and the people who can set it up, troubleshoot, and program it, are in high demand

[@KSWKREW]

Yes sir

[@turdferguson7686]

i like this kid, even though he has made some dumb choices. he seems to know theyre dumb but also has a pretty good grasp on a lot of the different options for saving and is using some of them that a lot of people dont, like his investments. also seems like he is listening and understanding and will actually follow through. hes in a pretty great position with a great salary at that age & if he marries his lady who makes similar they will be far, far ahead of most with just a little planning and some sacrificing fun things. just has to stick to the basics and will be doing fantastic in 10-15 years, especially if their salaries can grow with them.

[@choreomaniac]

Pack two lunches and bring two thermoses of coffee.

[@Shadowleecher]

God i'm 40, making 1K less a month then this great lad and he's 22 😞. Sigh I made some bad choices I guess. Good luck to you sir, you look like a nice lad.

[@CodyHeimbach]

Accidentally calling the comment section the "debt section" at 13:25 is amazing. That's what you should call it every time.

[@michaelvitale8810]

I've been sick for the past few days and binge-watched all the episodes now I have an excel spreadsheet with where every penny goes and 23% into TSP for retirement. The series is good keep it up man.

[@sandeevalley8677]

suggestion: when you're asking people to subscribe/hit the bell, it'd be best to use a pre-recorded segment to cut to rather than have it abruptly introduced in the middle of the conversation. same for any kind of sponsorship obviously

[@Mecks]

I don’t mean to be rude, this was a genuine observation… When I first glanced at the thumbnail, he looked like a 37 year old Dad

[@43pages55]

I love this guy’s attitude!!! Owning his shit and looking to improve. If he can straighten out, at his age he’ll be financially beautiful.

[@alexkidd3d]

70k at 22? Thats pretty wild, I guess these are the types of people more likely to show up for a show like this but it would be nice to get more young people who are a little closer to the median income for their age range

[@sarahschreffler5407]

There have been plenty that made less.

[@cato451]

He’s young. We all did it. He will hunker down and get this all under control.

[@DirkCannon]

Caleb keep up the good work, love these audits.

[@CalebHammer]

Thank you 😊

[@RebekahParkhurst]

I make $120k. My monthly take home after taxes/401k/insurance is $6320. Following the 30% rule, that means I could only spend $1900/month on mortgage + property tax. I’m currently in the DFW suburbs and there are no homes around here that fit in there. Are we supposed to make $150k+ to afford a starter home??

[@jonathanwhiteacre7046]

Caleb calling 120k miles cars "high mileage". Meanwhile I'm sitting here with my LandCruiser at 305k...

[@DalTronPrinting]

Nice video! I'm just about 24 and I really need to start maxing out my roth ira. I was doing about $300 since I started around 19, but I had to drop it to $150 because of some hospital debts that I will hopefully be out of in another month or two.