Tens Of Thousands In PRIVATE Student Loan Debt! | Financial Audit

[@CalebHammer]

Debt debt debt debt and more debt is no fun, but you know what is? 1 of the first 50k subs here winning 1k 😊

[@zacknelson8918]

Me haha, I could use 1k but I know everyone can

[@ThisIsRealityHah]

Hi, I subbed ;)

[@Rune_fantasy]

Gimme the money I been subbed since 10k

[@nicolethompson9696]

Caleb, We were supposed to meet for your monthly money segment tonight. After providing you with ALL of my financials, and waiting for nearly 90 minutes past our scheduled meet time, 3 emails with no response, you never showed. I am extremely stressed about the info I shared with you and who has access, especially in your absence. Please help.

[@kaleema12]

Been subscribed since 30k 😎

[@imjoshellis]

this guy really likes jazz

[@TaratheEnchantress]

Came to say just this I’m not even 3 mins in and he has said it 4 times

[@leonclinton5907]

I’m at 2:55 and needed to say something

[@ByMiggz]

Dude! I was getting ready to comment about that hahahaha

[@joseperez2003]

😂😂

[@MikeySkiy]

Specifically all of THAT jazz....

[@fruitschnacks]

"now that I see it, that's a lot" - everyone when they finally review their spending

[@LBell]

I don’t think he will clean up this mess without drastic lifestyle changes, like skipping travel for a year or two. Would love an update in a year with him

[@MiseEnPlace26]

Yea, he's going to do his own plan, even though he came to Caleb for a new one. He clearly doesn't want to sacrifice.

[@lane1776]

He apparently loves having monthly payments on everything and not saving for 1 month- and getting it. This guy ...

[@jadevu904]

I agreee, Myself is a bad example and 1st thing I did is Self-reflection. I recognize what is the most money I spent on, what debt I had already and kill the ones I currently have. I financed a computer cpu and a couch, I was not this crazy to finance a $4k camera. But if he want to be happy and free he needs to Self-reflect before anything and control his spending. I wasnt taught to manage money so I am so bad at making payment, got some help from my partner to start a new payment routine

[@smokemeow]

The things I could do with a 130k salary…

[@matthew9677]

Ikr

[@edwardroy3401]

I make $180K/year

[@synergygaming65]

@@edwardroy3401 Weak. 240 here.

[@edwardroy3401]

@@synergygaming65 It is RELATIVELY weak 🤣

[@MissMonkeyNinja]

⁠@@synergygaming65weak. 800 trillion here.

[@bridgetreedmorawski]

I'm grateful that I knew that tackling my private student loans first would enable me to rely on any protections granted by my federal student loans. I'm so happy that none of my remaining student loan debt while we go into this federal debt forgiveness period are private!

[@DaveCompton5150]

He has a $459 Apple Watch payment that ends this month. Take that $459 and pay off credit cards, then car loan. Get another $400-500/month by tightening up a bit on spending (doesn't even have to go full rice and beans). Once car is payed off, nuke the student loans.

[@imjoshellis]

Sucks that it sounds like he has ppl around him who are bad with money and enabling his situation (since they're probably all in stupid debt too). Seems like he's on a good track, though. I hope he eventually learns to be friends with people who are good with money lol

[@centrist3684]

I really dislike the misinformation that almost everyone talks about when speaking about student loans. That is the government / or private loans for that matter, is a trap and that you "didn't know better" or that "schools need to teach financial literacy" because they fooled you into taking out a loan and you didn't know you had to pay it back, etc, etc. I don't know how it is today to get a federal loan, but when I got mine (same age as the guest), there was a mini exam that you had to pass to get your loan. They tested you on interest rate, principles, subsidized vs non-subsidized, and even private loan. There was even a personal tailored breakdown of your loan amount over time. There's zero excuse for anyone to "didn't know better". This is simply misinformation. It's like getting a driver's license, crashing because you didn't stop at a stop sign, and complaining that "you didn't know better". You took the exam to get your loan. You knew. Almost every one of these guests, and posters on Reddit that talks about this debt trap, spend on luxury. Your 4000 camera is a luxury. How can you justify that purchase, along with all of those expenditures on your credit cards, when you have a massive debt accruing at insane interest rate?

[@allyleah2]

Even though I’m very understanding with people who have student loan debt I do kind of agree. I remember the first year I took out loans I also had to do the mini loan course/exam on the financial aid site, I assume everyone has to do it. So I do get confused when people say they don’t know how their loans got out of control or whatever. They explain it right there. But financial literacy still needs to be taught better in general.

[@centrist3684]

@@allyleah2 My mother and father, who didn't even graduate high school and middle school respectively, knows better to "spend money you don't have". Do schools also need to teach students they shouldn't jump off a building? What about "don't punch a 6 foot tall body builder"? When we say things like "this needs to be taught", it is shying away personal responsibility. These people know they shouldn't be buying luxury when they have debt. They don't care. It feels good to buy nice things and eat good food. But it's not an excuse when they do it and claim ignorance.

[@allyleah2]

@@centrist3684 Dude some people were raised differently, believe it or not. I was taught that debt was just another normal part of life, because thats what my parents parents taught them, and so forth. Financial literacy is not as easy as you make it seem. Things like credit, investments, interest rates, etc. were not taught well in a lot of families (especially in different minority/low income families). Schools don’t need to teach us EVERYTHING but I know personally financial literacy wasn’t even pushed in my school. They offered one class that very few people even knew about. This is a large, very well funded public school in a good area too. APs and extra curriculars were seen as much more important. I’m glad your family knew better, but please don’t act like all people in financial messes are just dumb and irresponsible. People simply don’t have the same knowledge and resources.

[@kevinwalsh3059]

Excellently put, I couldn't agree more with this sentiment.

[@centrist3684]

@@allyleah2 I can align on your sentiment that I sound harsh. Yet I don't believe people need an education by Uncle Sam to know what credit cards are, what interest rates, and what the word debt means. Folks around the world with no education, no opportunities to go to school, knows what debt means. Just because your parents tell you one thing, it doesn't strip away common sense. As you remember, a thorough explanation of your expected monthly payment was educates to you when you take out money from the Federal government. You cannot claim something else blind sides you. The risks are laid out. You took them. I took them. In fact most people who get students loans do not end up in a bad way. It's the loud minorities who fail to establish financial stability, and I'm saying willingly so, that gets echoed.

[@word42069]

Another example of someone who makes a decent amount more than me but somehow with a net worth considerably lower than myself. Stop making yourselves poor people!

[@ponodude101]

Anyone else have "All That Jazz" from Chicago stuck in their head after watching this? I can't seem to figure out why...

[@CHILLknowsfootball]

17:35 this goes to show that even someone who makes $130k per year is willing to drive Uber or do whatever it takes to pay their bills. No excuses.

[@TaratheEnchantress]

I’m ready from a update from some of these people already! But you have only been doing audits for 4 months 😢

[@jfluffydog2110]

You really did hom dirty with that thumbnail LOL

[@TheSmoothGrind]

He blames not making enough money....... ugh..... I don't have anything nice to say.

[@HeyThisIsPouya]

Another quality A+ video

[@CalebHammer]

I use both :)

[@mattmasteringer4399]

He makes really good salary. He just needs to be more discipline with money and definitely pay off that navient 10% interest loan. In fact, pay off that loan less than year, I make around the same money and I have managed to pay off 30k in student loans so far this year alone.

[@bullet2800]

All that jazz….why does he say that a lot?

[@astrothsknot]

I love how Caleb is everyone's dad who's not angry really, they're just really, really disappointed in you and YOU BOUGHT WHAT

[@margostarcruiser1083]

"There is no fun!" No going out to eat, no coffee, no camera, no travel, no minimum monthly payments again!! But only for a few months... lol!

[@sd1660]

😂😂😂 I’m in my 40s and that is exactly how I feel ❤ tough love

[@hamsicle]

"I expected more from you"

[@zar6842]

I love the rise of these financial content creators THAT ARE ACTUALLY TEACHING YOU HOW TO MANAGE YOUR MONEY. And not upselling you on their course.

[@Jajaky]

not upselling you on their course YET. it's inevitable

[@CalebHammer]

I doubt I will be a course person, but if there’s any resources that I can provide which will actually bring value in the future, of course I may consider… But never just to milk people

[@andrew8168]

You all do realize that "Ramsey" got rich selling his books and courses and not by following his own advice. Also, he was born on third base.

[@jdeux3677]

@@andrew8168 THIS

[@Katadori09]

@@CalebHammer to be fair, you haven't officially jumped the shark as a KZbinr until you have bought your own private plane.

[@ProWrestlingPsychology101]

Can't wait until Caleb asks me what's in my emergency account: a few boxes of rice and beans, and a $25 Target Gift Card.

[@CalebHammer]

😅😅

[@SpoonHurler]

That gift card is losing value everyday... I'd convert it to BEANS AND RICE.

[@ProWrestlingPsychology101]

@@SpoonHurler I'm buying in cheap, right?!

[@shesaw5901]

Lol

[@antonioorellana504]

@@SpoonHurler I invest all my money into can beans buried at specific locations over the city

[@thebox2278]

dude makes 130k doing an analytical job , yet cannot analyze his own financial life. world is a crazy place .

[@namesaredifficult3590]

If you're in a STEM field, NEVER PAY FOR YOUR PHD. If the university is semi decent, they should have grants paying for PhD students to do their research and degrees. This dude was scammed.

[@Flavor190]

Or get your company to pay for it

[@esotericcommonsense6366]

Facts, even bachelors if you maintain grades

[@elizavetabelova6525]

I'm so surprised by that. Probably happened before covid. Right now most doctoral programs don't even accept you if they can't guarantee a 4 year salary for you.

[@Katadori09]

This is correct, and also extends to many non-stem fields. It's a pretty well-kept secret, but if you qualify for a MD-PhD program then you can get the tuition waived on your MD degree as well. At least, that is how it was in my graduate program. The trade-off is you have to spend another couple years typically as a graduate student. Since medical school often requires a higher bar than a STEM PhD program, I think a lot more MD students should keep this in mind when doing their school search. It could save them hundreds of thousands of dollars.

[@namesaredifficult3590]

@@Katadori09 true but MD-PhD programs are super competitive. Way moreso than regular MD programs so most people won't qualify. Still a good option though.

[@abigaildumo2255]

$1,500 in rent for 1 bedroom and making $130k is expensive? 😭 I was making $50k at my first salaried job and paying $1,500 for rent (1 br) and still maxes out my Roth IRA every year. Plus we got federal and state taxes out here eating my money and I was making out better than him. It’s really what you do with the money, not how much you make.

[@TexBirdie]

agreed! My mortgsage is like 1,740 and i make a bit less than him at 120K. It's all how you spend it.

[@abigaildumo2255]

@littlelightreign I get that too however considering the 30% rule towards rent and the income you make, you’re right around that mark and a little under actually. So overall you’re making out well! I didn’t want to keep renting so saved up money and bought a house.

[@abigaildumo2255]

@littlelightreign Yeah, crazy when you put it into perspective. Good luck on the purchasing your house journey!

[@yeetusfeetus7877]

In my country, the average monthly rent is 1.6K NZD, and the average salary is roughly 60K NZD. Most people manage fine here.

[@cynthiabogacz9740]

I was thinking the same 😂 with the amount he makes, $1,500 being expensive?! I’m happy I have a cheap mortgage. When I first got it at age 21, it was $689 now it’s $767 (I’m 26 now) and have paid a mortgage for 5 years now. My mortgage is still cheap compared to others rent whenever they tell me how much they pay a month, and luckily before Covid..

[@Deisye0]

Any binge watchers? It’s the content our generation needed ❤

[@choreomaniac]

In two years they have paid back $300 on a $600 loan? So they pay $10-15 a month? If they can’t pay off $600 in 2 years, they probably shouldn’t be buying iPhones. Just saying.

[@CalebHammer]

Yeahhhhh

[@choreomaniac]

@@CalebHammer it’s family, a small amount and two years. I’d just forgive it and say “here’s your Christmas present a little early!” To have an account open just for that is strange. But family be weird sometimes.

[@stephaniedouglass3265]

Thanks for the video, Caleb. Found your channel about a month ago and it's inspired me to pay off my credit card debt and currently working on getting my car paid off fully by Dec. Thanks for what you do, it's definitely helping people!

[@EmilyAllan]

Keep it up! Living debt free is living without carrying a heavy weight on your shoulders. Its so worth it!

[@CalebHammer]

That’s amazing 🥲

[@lokni71u7w23178329]

Wow, that rent being bad really made me jump. I forget how bad rent is in NYC until you hear it from another pretty major city that complains about rent. 1500 for a 1 bedroom would be a fantastic deal in NYC.

[@woodside4life]

I’d throw someone off a bridge for $1500 rent.

[@SwimSweetie100]

I’m in a high COL area too and 1500 for a one bedroom is the absolute cheapest you can find around here. I had the same thought hah

[@lorirogers9304]

You’d be surprised what rents are in Buffalo. This an upward trend.

[@BluNoseReindeer]

This situation mirrors mine pretty closely, numbers not matching. Fighting the “me want” part of the brain to eat out and buy shiny things has been such a struggle for me and seems to be his issue here. I just wish I had as big of a shovel as he does to get out of debt.

[@MiseEnPlace26]

It is NOT about the income, it's about the outflow. The freedom is worth it, keep going!

[@LifeBindeR222]

Just pay off the phone debt yourself and forgive it for your parents and use that to set boundaries and tell them you'll never lend them money in the future and that you want to focus on yourself. And cancel the cash value life insurance right away, it's a scam.

[@tylersanders2388]

Linus is an expert businessman and totally understands that you gotta get your finances in order before buying his merch

[@jjpreston2001]

He's talked about how important it was to him to pay off his house early too. Guy doesn't like personal debt

[@carpelunam]

Hes an undercover finance bro if you ever tune in to the WAN show

[@bobsemple9341]

@@carpelunam or in other words a business owner

[@JevArchives]

@@bobsemple9341honestly tho lmao he really isn’t that’s why he’s stepping down now

[@bend_rebel7593]

@caleb if only we could get a live monitor of your blood pressure during these interviews 😂…feel for this dude. I took out a private loan my freshman year of college for 11k…when I paid it off 10 years later I paid a total of like 25k. Those loans are predatory AF

[@Pandefly]

Whenever I see these people who make like $5000 a month AFTER TAXES and yet they somehow spend all of it I get so mad like I could save so much with that I could buy a first-class ticket back home twice a year and not even feel bad about it 😩

[@TheAkumaChan]

but then you forget they would make that 4 flights. My colleagues (sadly not me) are mostly the make >10k a month after taxes, just a few dinners at Michelin stars could burn through it. Then they live in a luxury condo, in NYC, where 1b1b costs 4k. LOL 5k instantly becomes spare change.

[@whiteperson1742]

NYC and LA suck hey do you want to pay 10k for a closet hear people yelling horns and sirens all the time and enjoy the smell of piss walking down the street or would you rather pay 1250 for 4b2b with 2 acres fresh air and no street noise somewhere else lol and still people are like well nyc duhhh lol 😂

[@DGregster]

Never buy flights. Credit card points!!

[@Pandefly]

@@DGregster Uhhhh okay? That's completely irrelevant to my comment lmao

[@sidehustlesports4036]

Lifestyle creep is real. Ppl get more money and then nonessential things in life start to have higher price tags, as well as ppl deciding to upgrade homes/cars/etc

[@SuavePeanuts]

Started watching your videos a week or so ago. Basically my background noise at work... I didn't realize how buried I was in debt till watching some of these other people make 2-3x more and have the same or less. I am in for a long and hard struggle but I think I can cut back and help. Thank you for teaching about finances its something our school system fails to do.

[@quixomega]

He needs to get his spending under control. He's bringing in enough to afford quite a highend lifestyle. But he's drowning in debt right now and needs to budget to keep the spending under control. Once he does I'm sure he can get those loans paid off.

[@johnjriggsarchery2457]

Wow, I don't make anywhere that much but having no credit card debt, not wasting money, and being generally responsible allowed me to buy a house.

[@edwinortiz1262]

depends on where you live. In my hometown I could easily afford a house making 30-40k. Where I live now I'm looking at 500k-1m for a townhouse.

[@gangatalishis]

@@edwinortiz1262 yup, as the saying goes "location, location, location". it comes down to the specific block where you live if you want to afford a house.

[@makecodgreatagain6049]

@@gangatalishis and he did say he wants the right location in the video. I think the original commenter just wants us to pat him on the back

[@anthonysanchez5429]

@@gangatalishis No, finances is the most important. If you have no debt, decent amount saved up and a consistent income then affording a 500k+ home is very possible.

[@yeetusfeetus7877]

@@anthonysanchez5429 Absolutely. In NZ, the average house is a little under 1M NZD and the average salary is ~60K NZD. If you bite the bullet and have 10% of your pre-tax salary moved to your KiwiSaver [Leaving you with an amount that you can absolutely survive on], then after tax credits and employee contributions you will be saving ~8.3K a year. After a decade, assuming a 6% return, you will have roughly 110K. 500K homes are do-able, even in the more expensive areas, so you will have a 20% downpayment for one of those, or a 10% downpayment for a 1M home. If you are willing to go for an apartment instead, you can put a ~30% downpayment on a cheaper one.

[@MsLemons12]

this is the first guy that seemed like he'd actually take your advice lol

[@jessicaspencer82917]

Once he gets rid of some of this debt he will see how good it feels and that will motivate him more.

[@taylorbennett2323]

I watch these knowing Caleb would freak about my student debt (because same) but these have motivated me and my husband SO much to get them done with.

[@gusdabus101]

Take a shot everytime he says “all that jazz” 😅

[@CalebHammer]

🤣

[@chkngrl]

My liver died

[@macyoungie]

Lotta jazz in this episode

[@cheershiii965]

I'd LOVE to see an update on this guy!!!

[@v350warrior150]

I’m 5 minutes in the video and I’ve heard this guy say jazz about 40 times

[@choreomaniac]

Oof. That camera finance was rough. He had a camera for 15 years but suddenly needs a new one? For $4000? He could use that to payoff lot of his debts.

[@joseperez2003]

Yeah he could just pay for the car!

[@choreomaniac]

@@joseperez2003 but somehow he’s rather pay $250 a month or 3k a year in interest on his car. For a camera he doesn’t need until he goes on vacation. Which he can’t do until he pays off debt. So he’s just delaying himself for no good reason.

[@Julia-b9x]

Sometimes I think people just like to be in debt.

[@zo_471]

I think they like the lifestyle and just don’t care about the debt. It’s like they see it as a future problem with no consequences

[@truthhurtts]

Jesus, debt like that must make Caleb’s blood pressure rise astronomically Commenting for the YT Algorithm Pt. 8

[@CalebHammer]

🤣

[@crissydv1]

Cash value and whole life insurance… man, so many people get swindled into these. They are NOT nearly as good as they are sold to be! People need to really do their research before getting roped in. Hope he can cancel it

[@alexgonzalez-ke1oe]

Those cash value insurances are crappy products why do people fall for this trap. Ugghhh

[@jazzyj6640]

What exactly is it??

[@dylankun28]

I can tell you were about to go off about the whole life insurance but held back. The damage is already done for him but for the sake of viewers you should have let loose. :)

[@jayceewilliams5250]

If his rent is less than 15% of his income is it really expensive? Also why not just pay off the phones(don't tell your parents) and let them pay you each month just to get it off your credit

[@matthew9677]

15% No it just an excuse.

[@yesnomaybe9472]

Take a swig every time James says "all that jazz" 😂

[@aarodful]

That's a lot of debt and all that jazz. 🎷

[@CalebHammer]

🎶🎶🎶

[@mikeboss8936]

I liked this interview. He was very nice. The only problem I see with these interviews is when Caleb gives a pretty fair critique and strategy on how they should better their financial situation, their minds go blank and the loading process starts 😂. They don’t want to give up their lifestyles even though they’re in ten’s of thousands drowning in debt. I guess ppl just try to forget about it like it doesn’t exist when in reality it’ll never go away and it hurts your ability to have a stable non stressful life because every dollar you make technically isn’t yours, it belongs to other ppl because you owe. Crazy. They’d rather give it to Jeff Bezos and the CEO of Chic Fil A and then justify why they did it. No, you just wanna live a life of luxury when you yourself never came from that. It’s a privilege to buy fast food and ppl forget how hard most ppl actually have it. Take it for granted while living with debt. That’s insanity

[@arh1234]

On the upside, they can think about for a bit and then rewatch the video when they're ready.

[@cuh720]

130k not comfortable 💀💀💀

[@bobbyheath2474]

Looking for a house between 700k and 1 mill on 130k a year seems out of his realm tbh.

[@SpoonHurler]

I don't understand why people buy 2500+ USD cameras for travel... when a lot of stolen objects (especially cameras) are stolen on vacations. If you NEED a camera for travel if you are not making money from it why not just rent one until you get the debt cleared up at least.

[@Liimpy]

Thanks for another great audit Caleb ✌️ Going for some chili cheese fries now and all that jazz that goes with em..

[@matt1803]

We all know you have 60 unplayed games in your Steam library. Play those and don't buy new ones.

[@GrantValdes]

I did a similar thing. I have so many unread books I have put a moratorium on new buys for a year so I can catch up.

[@isnipewithaknife]

He says he hates that student debt so much but continues to finance luxury purchases. Guess he doesn't hate it that badly.

[@colinbell6426]

All that Jazz!

[@jjbdbd8279]

Caleb about to spazz 😂😂😂

[@jaredromero9549]

Spazzin on that jazz

[@JustAverageJeff]

So many people think buying a nice expensive house means success, but to me these people are totally ignorant to what a liability and an asset is. A whole life insurance plan is a good way to store some money that you can borrow against.

[@MrOrbitzHD]

These videos seem super interesting and an awesome concept. But could you ease of the hostility? feels like anything you say is just meant to grill them and make them look stupid. fair enough on some decisions but would be cool if some more respect would be shown in the conversation.

[@dericanslum1696]

...he's gotten more aggressive and dramatic through the series...likely due to the response...I would dare say you hold the minority opinion among his viewership...

[@MrOrbitzHD]

@@dericanslum1696 shame really, but i guess thats what gets the views.

[@jazzyj6640]

First :) will be back to comment after watching the full video. Edit after watching 😁: I don't think people understand that having the money to pay one debt off asap will relieve so much stress much quicker. Like the car is soooo small compared to his other debt. I really hope he pays it off sooner than later! I go out twice a month (two weekends a month since i get paid bi-monthly) and allot myself $20-30 each outing. It's hard but I don't want to be in debt. 😭😭😭😭😭

[@lonestarstate9220]

With all that jazz you should be in New Orleans.

[@jeremys3418]

Jazz hands 👐

[@ElectricAve095]

All that Jazz 😎🎷

[@BlackPaladin2]

Wow we finally met someone who actually pays for youtube premium lol.

[@Gmac705]

Thank you for calling out taxes right at the start. You really should look into doing a video around how different states collect taxes differently. People really don't seem to understand that everyone pays more in taxes than they think. Doesn't matter the color of the state you live in. The government is always going to collect whatever it can out of people. Would love to see a simple way to estimate your tax burden under different locations. Help people understand better how things might affect them. We as a country need far more education on taxes. Far too many people are willing to lie to get people to support policies that negatively impact them.

[@Trenton.D]

The corporate state wont allow that because it will expose to more people the fact the super rich and corporations pay 0 taxes.

[@ReeceLain]

bro your face when you said "cut all of it, you can't afford it" and he says back "I'm gonna do 99% 🤓" HAHA

[@carterdawsonn]

Ya like jazz?

[@goon5544]

I'd say with his income like 100 or 200 bucks a month for fun and the rest into debt. it's still very doable to get rid of the debt pretty quick with a year or so of belt tightening.

[@johnny5xl]

This guy seems to really hold on to that monthly payment minimum thing. Pay it off man, let it go!!! Just pay it off!!!

[@GenobiX]

Haha this guy is so relatable to most young new money folks! Decent pay but so much debt yet we want to live a little. I think in time, he'll be fine ☺️ just need a few more years of saving and working.

[@menchu56]

Caleb, thanks for making this series. These are so helpful for me!

[@martinlazar9420]

Technically it makes sense to finance at 0 percent only as you can leverage the money and gain interest in savings. However you can sometimes get a 10% discount if you pay all upfront. Then it makes sense.

[@davidakiva7963]

All the loans are here to party 🎉

[@TheTrueHardcorefr3k]

He should only use the credit cards for needed expenses like bills so he doesn't go over budget and set up automatic payments. It should stay relatively the same month to month so he can keep a baseline amount in his checking and he'll know he can't go under that. Watching your actual money leave your bank account makes it easier to understand. The $20-60 you might get from cash back means nothing if you're spending $2000 you didn't need to.

[@randomdude3646]

And all dat jazzzzzzz

[@jazzyj6640]

Lmao 🤣 KZbin let me "translate" your comment to English hahahahahaha but it's the same

[@randomdude3646]

@@jazzyj6640 😅

[@Golden63]

If I were reviewing my monthly finance with Caleb, I would probably not use the month when I bought a MacBook Pro. 😅 but hey, at least I didn’t finance it!

[@synergygaming65]

@writeme3538 Reported for scamming.

[@tristanrodenhauser5267]

It’s so odd to me when people have a big salary and most of it goes right out the door when they have so much potential He could really save some money in a emergency fund but he didn’t seem to have much stress considering he just went through a roll coaster with a job loss

[@mattmasteringer4399]

It’s all about discipline. Some people just want to live above their means and spend money as they make it. Buying things they really don’t need.

[@yeetusfeetus7877]

@@mattmasteringer4399 It’s less about them wanting to, and more them feeling like they are expected to/feeling like they can’t stop. Many people, especially high-income earners, feel pressured to keep up with the Joneses.

[@a.h.2667]

Every time I review my monthly transactions I wonder what Caleb would say, haha.

[@FezzyBoi]

He’s got a great future ahead of him. Just gotta buckle down and sacrifice

[@mreit28]

raced to comments section as soon as I heard "all that jazz"

[@CalebHammer]

🤣🤣

[@TheAkumaChan]

i make the same amount of money as him, live in a more expensive area, pay way more in taxes, for the life of me I can’t understand how he gets himself into such a hole. I’ve never financed anything, I don’t drive but can’t even imagine financing a car. Looking at the other people, I would say to myself, they make less, they might have their own challenges. BUT THIS GUY, I feel the need to scream like Caleb.

[@hofterup]

This one is confusing to me - he doesn't like his student loans, he makes lots of money, why hadn't it occurred to him to pay these loans off earlier?

[@loganz]

0% interest offers is just a way to convince you to buy something you didn't really need. Or to spend more than you budgeted.

[@arga400]

I'm so glad you burst the myth that "Texas doenst have income taxes" It's such an annoying and deceiving argument when the math does not check out

[@sarah6478]

Another sad day of no selling the car, but selling the camera helped

[@1kSedrick]

This guy loves jazz, financing, and paying interest on that financing if possible 😂🤦🏽‍♂️

[@joebarratt9101]

I’m surprised a data scientist doesn’t have a spreadsheet for his finances

[@LunaMirage]

Nice video. I would highly recommend talking about possibilities of a balance transferring debt and paying it off while it is transferred. Especially since it sounds like he won't be getting a house right away anyways. Also talk about getting a Treasury Inflation bond.

[@becuteforme]

Is it better than a CD account?

[@lane1776]

I don't get the resistance on paying off the car within 3 months. Dude, that's one less monthly payment. I hate monthly payments. The less monthly payments you make, the better. Don't get it. My guy could literally be debt free in like a year.

[@olivianappo9540]

It sucks- I went to 2 different private schools- all private loans with federal as well. I have to sit down and figure out the actual numbers for consolidation. Makes me sick. Hearing that 22k is bad , I don’t even wanna know what my number is

[@DGregster]

I like this guy almost as much as he likes jazz.

[@Username-o5r]

He loves his cámara kaleb let him keep it he looked so sad when you told him to return it 😭

[@Bruuman]

This follow-up would be interesting... any news on when we might get the episode?

[@billrhea]

He isn’t going to do anything you told him. Man I make $35,000 and have none of these problems

[@tarzz25qwe]

Why did he buy a car new? Big mistake huge (and all that jazz)

[@EnglishInfidel]

Rent is only 1500 but he's not happy earning 130k a year. These people have no idea.

[@dahbaldguy]

Damn making 130k is like hitting the lottery. I make 80-90k a year and I feel rich.