My Wife Is $100,000 In Debt - Am I Screwed? | Caleb Hammer

[@qtip2177]

dude blamed his wife for spending money but he bought a M3 and goes to frequent track days. I know that Aint cheap

[@Burning.Phoenix]

@@nomadmgtow Higher education does not equal a car and track days, and I say this as somebody who loves cars lol

[@patmarek1222]

​@@Burning.Phoenix not if it's $100k which could have been much less for college to get that masters but they are indeed as bad as one another

[@praetoria_]

@@nomadmgtowI think it’s more about how he’s controlling her spending despite spending on unnecessary things himself. They both seem to need a reality check for the situation they’re in.

[@lindajohnson.]

Why did they marry? If she has this much debt,then I would have waited. He is controlling. She looks sad and miserable. I would run and get away from him! 😢😢😢

[@tpolarbeart]

Track days are very expensive. Even if he's volunteering for free track days he's going to spend $1000 a weekend between gas, tires and brakes. Even more if he gets insurance. I did one season of racing and it was very expensive. One of the most fun I've ever had but I put it off to prioritize investing.

[@janebaker4912]

"I can't buy anything without his approval" 🚩🚩🚩🚩🚩🚩🚩🚩 financial abuse

[@FlyinRyan31310]

There were a lot of suddle ques between the two about how controlling he is. there was even a point where he tapped her arm to stop talking. Glad caleb pulled back and started going relationship advice > financial advice in this one.

[@lindajohnson.]

He would not let her talk, tried to make it look like everything was her fault. His racing hobby needs to stop, too. That is very expensive!

[@lindajohnson.]

I noticed that, too.

[@toastify79]

What’s the time stamp of him tapping her arm to stop talking? I’ve seen a couple ppl mention it but I missed it somehow

[@catherinewetzel417]

There is a very uncomfortable dynamic between them. 🚩🚩🚩

[@lindajohnson.]

@@catherinewetzel417 He won’t let her speak, before interrupting her. Controlling, too.

[@calrey]

Hey Graham-financial abuse is actually a thing. You should consider doing some research around it. The husband is clearly an abuser (I used to work at a non-profit a couple of decades ago that provided support services to victims). She might also be suffering from mental health issues because of that relationship which would make things even more difficult in terms of finding better employment or managing a side gig. Poor mental health quickly leads to burnout. Relationships in which a spouse completely controls the finances isn't a real relationship. It's one based on a foundation of fear for both partners. The wife needs financial education and empowerment. And the husband needs some serious support around his control issues and anything else that's probably lurking there. Anger issues. Fear. Etc.

[@Kaloapoele]

Yeah it’s crazy he just backed the abuser saying she “needs” this. It’s so sad seeing her shrinking and crying.

[@jlane03]

The husband framed it all like it was the wife's fault and he was some mathlete financial guru, meanwhile he's got business investments he doesn't want to talk about, is wasting money on his car and track days, and makes his wife sit at home without Internet. He was picking on her the whole time and he came off terribly.

[@lindajohnson.]

Control freak! She needs to run as fast as she can and get away from him!

[@Kaloapoele]

Also federal student loans don't transfer to your spouse anyway? It doesn't really impact him aside from her finances being hard for retirement and stuff

[@Kaloapoele]

I think she’s being financially abused

[@Rzamortis]

Tackling debt in a marriage is always a joint effort in a healthy marriage.@@Kaloapoele

[@christianad3040]

You do need a degree to teach art in High School. But you don’t need to get private loans.

[@gabecimoch2160]

I for sure want to see more of Caleb's backstory to how he got here. I know he has some videos from a long time ago(5 years or something) but something to summarize it all or a mini little series that each video is a year of time and have a lot of videos of what he did.

[@LizWithers]

He knew about her debt before they got married a couple weeks ago… the way he looks at her, the way he’s treating her, and the things he’s said to her and about her in this video are massive red flags.

[@Davefitz04]

They are getting a divorce for sure

[@derekcox6531]

This marriage is going to fail. The young man clearly resents his wife even though he knew about his wife’s student loans and chose to take it on with her. This dynamic of him being resentful and her feeling like everything’s her fault and HIM basically just agreeing it’s her fault….is not healthy for them. She does need to get an extra job though that they can throw all of that $ at THEIR debt.

[@sarahedwards2681]

I have a bachelors in science in both psychology and human services. The total cost for my education was around 50k. Around 30k was grant money & around 20k was student loans. I wish I would have tried harder to get scholarships and “free money.” Also, I’m having trouble finding a job that pays what my current job does that doesn’t require a degree.

[@RobVI]

How much is that, if you don't mind sharing

[@funnybunnnies]

Yeah. I applied for grad school bc I was tired of working in min wage for years after undergrad. Then as I started first term in Sept 2022, around that time I got hired at a better job (not amazing but a lot better than min wage) where I can climb. Finanalized in Oct But by that point i was left with lost 40% of tuition or tough it out for a term at least. So after that I just froze school after that term. 😅 cause I'm like gotta try not to Pay like 35k out of pocket for grad school when there's more opportunities now

[@RobVI]

@@funnybunnnies 35k in tuition is wild. It should be illegal for colleges to be so expensive. I wouldn't be going to college if I had to pay for it, at least the government makes up for the crazy tuition by paying it for me.

[@sarahedwards2681]

@@RobVI I make almost $18 an hour at my current job.

[@jay1603]

We get crumbs of the Caleb lore every so often

[@blaqueathena]

In the area I live in, you need Masters to teach in public schools

[@CraigSirota]

Yeah, he kinda missea the ball a lot with his takes on education

[@joonlee30]

Yeah I know many teaching jobs require masters degree. However, people do not need to go to 30-40k a year school to get that degree. Many students go to fancy, large “fun” schools instead of going to much cheaper state schools while staying close to parents home.

[@LifeBindeR222]

Then don't teach in public schools, they're terrible anyway. Most states have a program where you can get a certificate when you have a bachelor degree to teach. Nobody should care about doing the world good or whatever, put yourself and your family first then the rest. If everyone did that the world would adjust accordingly and raise salaries in public schools and lower the requirements.

[@SaintsandSushi]

In the school district I live in the schools literally give you a teaching certificate for free as long as you have any bachelor’s degree…and a master’s degree only earns you $5 so it’s not necessary. She literally jumped into a field that she knew nothing about and didn’t do research on the paying rate for her area and accrued tons of debt. Schools everywhere are literally hiring anyone with any bachelors degree or even associates. She literally looks oks like she has no clue how she got n the mess in the first place and tried to blame her dad for making a late payment even though her dad shouldn’t be paying squat of her debt.

[@zoer8225]

The husband in this episode made me so mad, so excited to see your view on it

[@TheGrahamStephanShow]

Track days though!

[@andycrow8]

@@TheGrahamStephanShowhe goes to the track meanwhile wife sits at home with no internet

[@APFreakwiz]

​@@andycrow8yea don't know why he got married. If he's just gonna act like the debt isn't also his problem.

[@o0usf0o]

They should have taken that 50k and applied it to their student loans. That’s if they believe in their marriage. This guy has no real plan…

[@fishroy1997]

Autistic dudes and trains: name a more iconic duo.

[@jillianjackson9365]

Remit Sethi’s podcast is exactly that - going into the relationship aspect of finances. It’s the most unique financial media I’ve seen in a long time & worth the view.

[@o0usf0o]

I love Remit but he takes forever to get to the numbers lol

[@findmeharry2]

I thought it said “$10,000” and I thought “well that’s not bad” 🤦🏼‍♀️

[@TheGrahamStephanShow]

$100k 😵‍💫

[@AlainaG]

Ramit Sethi has great couple episodes both financial and emotional advice

[@Lauren-yl7fd]

This husband was hard to watch in that episode. He was extremely condescending.

[@HistoryRoar247]

When will you invite Caleb on the podcast? And when will we see Caleb doing you a Financial Audit? :D

[@kathurtado13]

Shots fired!! 😂😂😂

[@ycombine1053]

"these aren't his debts" - wrong. They're married. It's absolutely his debts. This guy really rubbed me the wrong way and came off super controlling. Makes me wonder if there's something more going on... hopefully not

[@Root4BeerFloats]

No. These are not marital debts, and he does not have to shoulder them. If they divorce, the courts will still call them hers. He wants to, he's helping her navigate them, but it's at his discretion.

[@jonny-b4954]

Jesus. We pay our unskilled, training required, new construction workers $44k and that's in Florida. A middle of the road state cost of living wise. Could you imagine making that with $100k in debt that was required to do what you want for a living? Absurd

[@brucebanksshow]

Caleb handles that as well as he could. Not everyone is Rahmit.

[@ChaoticWolf180]

To teach in school, you need at least a Bachelors degree. Even subjects like Art. At least that's how it is in Texas.

[@algernon2719]

Then don’t get a masters degree lol

[@asadb1990]

​@algernon2719 so many who enjoy college life want to continue that lifestyle take a masters. Specially if friends are also doing that.

[@PassionPno]

@@algernon2719 I don’t about US. But in my country, all teachers (elementary, middle, high schools) are required to have a Master’s degree.

[@Reyfrosty]

Second time watching this because I like hearing grahams take on this

[@xristinarose2409]

The problem is that these days you need a degree for everything. Even the simple jobs that should require absolutely no degree, still require a degree these days so if you want the job, you dont have that much of a choice

[@pg9566]

Graham wasn't surprised at the possible financial abuse. 🚩?

[@minority92]

tell me you dont have anymore original content ideas without telling me

[@alephnaught8343]

tbf, he does this channel for fun. it's not like he needs the money.

[@thetheimpossible95]

QUESTIONS I ALWAYS ASK: 20% after taxes or before taxes, is this just savings or is it retirement and everything as well. These guys say this but I don't understand when you say 20% where are you putting this 20%?

[@Kirito14682]

If he married her knowing she has this debt he should limit his spending to encourage her not to spend as well. Also, him having an expensive hobby makes me think he is trying to separate their finances while controlling hers.

[@justjill2896]

He already controlling the INTERNET. He’s controlling… she can’t even look at Caleb. She is looking down 90 percent entire time.

[@Kirito14682]

@@justjill2896Before getting married they should have talked about their debt

[@eddiemalvin]

How does anyone amass 100k in student loans debt? Why didn't her parents save for college? If they couldn't afford it due to low household income then why didn't she qualify for needs-based grants or scholarships?

[@deebestest100]

Why is he answering for her all the time? He won’t even let her speak. Gosh the husband in this is a huge red flag.

[@BananaStandOperator]

The rule of thumb for getting an MBA is to only do it if your company will pay for it. That's what they told us in business school and from other people with MBAs.

[@Augie..]

She does need a bachelors degree to teach in all schools in the states. Doesn’t need to be a masters though, and she has no business spending $100k to be a teacher, everyone knows they’re underpaid

[@hollowfragment237]

If she’s an art high school teacher she can get a job in a college teaching the same thing via online classes most of my teachers don’t even reply because it’s asynchronous

[@LittleLady178]

Sorry, but I found your reaction very one-sided. Yes, student loans are horrible and what you said about the thing and the salary afterwards was very important, but the video you reacted to was about so much more and you didn't pick up on any of it. Also she never said she struggled with spending too much, imo he is the one who is spending frivolously on his car and track days while she doesn't even get access to internet? She didn't spend a dime and him controlling her spending is soooo unhealthy and not at all justifiable!

[@Chriscutissucks]

Dude seems emotionally abusive tbh

[@Chriscutissucks]

talking about the husband

[@AbidingHopeMentalHealthCoach]

I’ve been doing gig work for the past few years. Very part-time. I was pulling in $2000-$2500 per month. Within the last month or two, I have started working more hours, still not “full-time“ but close enough. and if I keep earning like I’ve been earning for another year, I’ll make more than she does. If she’s teaching art, she could deliver pizza on the weekends, or drive Uber on the weekends. There’s no excuse. She could also qualify for a lot of higher-paying jobs, but I don’t qualify for because I don’t have a college degree.

[@coye9r]

This lady needs a weekend job atleast. Parents paying your loans at 30 is pretty bad.

[@Username0467]

Some of you lack empathy. Be kinder to people. Goddamn.

[@bobberry1463]

To be fair being an art teacher is a trap and not worth it cause they require so much education.

[@greenlantern1986]

Graham, Ramit Sethi from I Will Teach You To Be Rich is exactly what you're looking for!

[@rossyounger6578]

This is ridiculous. They’re a married couple, husband and wife. Stop with this “her debt”, “the wife’s debt”. You’re together. You swore this before God. When you said I Do, everything became “ours”. The fact that they’re acting as two separate entities doesn’t give me much hope for this situation.

[@eddiemalvin]

I agree. I'm shocked at how many married people maintain separate accounts. I guess there are some good reasons (individual bankruptcy, extremely poor spending habits, etc) but that should be the exceptions.

[@gillsteele]

Brandon was so creepy in this video, it was a tough watch

[@joelr8714]

You should feature Caleb Hammer on the Iced Coffee Hour

[@Calipicker]

That would be awesome

[@DeltaG117]

Caleb’s backstory is fun stuff. I played trombone with him in college

[@DKWeathersevereweather]

My wife is a teacher you need a master’s degree to be a teacher regardless what you teach

[@emoney1231]

I know multiple teachers with a just Bachelor's degree, so that is not true across the board.

[@fishroy1997]

As long as there are suckers willing to borrow to get degrees for a 40k job schools will still require them I guess.

[@ColombianLNP]

In Florida right now some college credits is enough. They are desperate right Now

[@DKWeathersevereweather]

@@emoney1231 in Kentucky it’s a masters but you can be a sub with just 32 credits

[@amybepko8071]

Each state has different requirements. In NY, any teacher needs a masters to get a certificate. States make their own requirements. Pretty sure everywhere needs a bachelors to get certified.

[@Susan1617]

Ramit from i will teach you how to be rich does more of the couple videos and financial advice.. hes good 👍🏼

[@darkprince3007]

Wait, don't you need a degree to teach at highschool in the US?

[@alephnaught8343]

you usually do but dont absolutely need to. i think there is teaching certificates.

[@17h127]

It's required. For a while they had federally mandated all public school teachers have master's degrees. The whole No Child Left Behind under Bush Jr. That didn't go well and not enough met the requirement so they changed it to bachelors. Certificates only hasn't been a thing for like 20 years I believe.

[@Username0467]

You do. I don't know what Graham is on in this episode lol

[@emilyagopian3973]

You need a bachelors and a teaching credential

[@iamme50]

I made a comment on that video on Caleb's channel. I won't even express my failures here. Just know I really messed my life up financially.

[@turtleanton6539]

Indeed

[@batuhansarkurtbay7914]

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*

[@mehmetates4003]

Can't deny the fact that *VRI TOKEN* has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

[@feritberberoglu-tf7vc]

All of them are really nice picks. But the potential of project that elegantly combine blockchain and *VRI TOKEN* and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.

[@BasedPhilosophyMom]

My take on the original episode was that her parents told her to do it when she was younger, without any explanation of how to pay it back or how it worked. I got the impression the husband was more annoyed with the situation, than his wife, because she was also annoyed at being in the situation.

[@FinancialCharles]

kids going into class half stoned LMAOOOO

[@richardhay645]

You generally DO need a college degree to tach High School.

[@MrsGator7]

@TheGrahamStephanShow The folks taking the loans are the ones responsible for this nonsense. And why should the taxpayer be on the hook for their stupidity. No one took advantage of her. Stop it. She’s not a victim

[@hamza_hamza614]

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on *VRI TOKEN* is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

[@ndlovulwazi]

Oh hell nah , she better be a nuclear physicist after that wtf ???art school teacher 🤦🏾‍♂️🤦🏾‍♂️🤦🏾‍♂️

[@bestechYtBotBH]

Reverse psychology start watching grahams reaction to Caleb Hammer, never watch Caleb's channel then do a 180 and start watching Caleb's reaction well u excitingly wait for graham to post a reaction 😇

[@unclestinky6388]

The teacher has months off that she could use to get another job or two.

[@ruthirwin8222]

She needs to work somehere else as well then all her money goes to student debt and they cannot invest til this is done as dave ramsey woukd say YOU ARE BROKE

[@lisalister8002]

Graham - you are in left field about art teachers and needing college. I don't think you really know what goes on in a HS art classroom. HS art teachers need to attend college as they will be teaching many areas. They will teach - drawing, painting - water colors, acrylics, oils, palette knife, murals, graphic art, digital art, ceramics, photography, basketweaving, etc... HS art teachers also need to be able to direct students on the many careers that need artist. HS art teachers also need to learn about chemical safety as many paints, paint thinners, cleaning materials can create a deadly gas. btw.... this HS art teacher will receive a state funded pension when they retire.

[@drewt8138]

She got a Masters Degree to be an ART TEACHER!!!! Don't you just need an Assoc from Community College for that?

[@melisac6182]

I had $137k in student loans for a masters in Social Work - a well known career for being underpaid. I had applied and won a grant for working in an undeserved community for $25k. The remainder of my loans got forgiven last week through PSLF after working for the government/ nonprofits for 10years. I make $145k/year. You just have to do some homework in finding the higher paying jobs in your field and applying for the grants out there. There are many grants for teachers, healthcare workers, and those who work in human services.

[@AaronHuffmanPerson]

Welcome back to the Caleb Hammer show! Graham: you need to get on his show and be the one interviewing Caleb!

[@anubisgod23]

Love how people with no training are comfortable claiming full abuse with virtually no context. A 50min edited and cut video isn't even remotely a fraction of the evidence you need to make that call

[@KierstenAlbertson]

In New York State it’s required to have a masters degree to teach K-12. Could be similar requirements here

[@saraboutin2210]

Graham! Bring Caleb on the iced coffee hour!

[@SLVRFOX88]

I drive 5K dollar cars that I buy broken and repair. I have Prius because they are very reliable and save gas cheap to insure

[@turtleanton6539]

Yee😊

[@ivenstorm]

I wish flipping burgers paid 50k a year... I worked Wal-Mart and I might have been getting paid 20k/year CAD after taxes. They would do anything and everything to cut hours and make excuses.

[@17h127]

Flipping burgers pays 50k in expensive places to live.

[@sepsmusic]

Checks out that Graham was a train guy haha (my brother is a train guy)

[@claymore9359]

100k in student loans to make poverty wages

[@ArtyMcMuffin]

An high school teacher would make close if not 100k$/year in Canada depending on which province, the "investment" would make more sense here. But 44k$/year ish...

[@styless9867]

The fact is that BTC symbolizes the future of cryptocurrency, and traders are wondering if now is the best moment to trade, I feel you should examine the situation more closely before jumping to any conclusion. BTC's price has been fluctuating over the previous days, signaling that the market has become unstable and that is it impossible to anticipate whether it will go bearish or bullish. Others are patient, while others continue to trade with no risk. It all depends on the pattern you're trading and the source of your signal, i earned 27BTC starting with 3.6 BTC in just a few weeks implementing *VRI TOKEN* daily trades. I managed to collect more than tips and tricks.

[@ismailefedemir3152]

between the two, I think I would still support *VRI TOKEN* : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...

[@JoseWhon]

'Hi Caleb it's guys here'

[@Stuwz58.]

Thank you for your videos mate, you know most people think that investing in crypto is all about holding till it rises, come on, it takes time and is a gamble on the long run, this recent dip and slight pump should be a lesson to people who hold blindly. Working with *VRI TOKEN* , made me believe that when you hold, you stand the chance of losing it all too unexpected dips. So rather than simply holding, I trade crypto under his expertise.. We need more experts like her, who educate people on the evolution of the market so people avoid common mistakes. so they don’t walk out of the market feeling frustrated! I able to accumulated over 11.8 BTC when I started at 1.3 BTC in just few weeks implementing *VRI TOKEN* daily trading signals and tips..

[@POGBA-YT]

I still think *VRI TOKEN* has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!

[@Aleyna-qj5nr]

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

[@tahaulker7628]

What a statement, damn. So it's said that *VRI TOKEN* is just about to launch and I think that will really change a lot of what was happening in the previous years, 2023 will shine yay

[@alicanalmanar7618]

I wanna let you know that *VRI TOKEN* made it this year. What better way to start a global change? Don't get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one

[@erkanailesi1]

Idk about price, but I'm going with *VRI TOKEN* . I feel that regardless of gains and losses my funds are safe.

[@plynn136]

Schools do not hire teachers without college degrees. So there should be no high school art classes? The issue is the type of student loans she took out. All of her loans are private. Only federal loans can be discharged for those who teach or do other public service jobs.

[@fundingdreams]

@graham he is fine as long as she came of debt owned before marriage same as he became of wealth or savings it doesnt apply even if they get divorced unless he decided to help willingly and take part in paying he is fked

[@penitent2401]

Cruise ship art, basically insanely overpriced stuff that her job is try to push the price tag on to anyone who might be able to buy it. She found out she is not savvy enough of sales person to pull off those kind of sales, her degree in that case is just for show to try to add legitimacy to her selling the insane price tags to potential customers.

[@musicpawns]

I think they should just gamble their paychecks at this point and hope for a miracle xD

[@fredkennedy8435]

Hey Graham, how about we pay teachers better? You're acting like the problem is that she paid a bunch of money to become a teacher... I think people need to be compensated better. I agree, that nobody should be surprised that they're in a poor financial state because they paid a lot of money for a degree that they use to get a low paying job, but there are other issues here... cost of schooling and wages that are too low.

[@JoeySmith101]

I’m from Ellicott City MD that’s cool. It’s expensive here

[@christianjlevesque]

5:15 "Half-stoned"

[@cesar2275]

Stephan, Caleb did make a video about his financial situation it's one of his old videos in his channel.

[@alexpietsch7997]

The guy in the Audit looks like the 80s wrestler Nailz

[@clarkolson6701]

I think this marriage is off. The dude seems weird and the lady got a 100k art degree

[@tyndni]

I agree get a higher paying job and use that surplus to pay down the debt.

[@ltskinbarbie7874]

HAHHAHHA Graham he used your Voice LOL @graham

[@JakeTaylor1646]

I think we ada get calebs on the icecoffeehour!!!

[@davidthosome623]

When watching the original, all i could think of was why he bothered marrying her when her yearly salary was less than half of her debt. She decided being a HIGH SCHOOL ART TEACHER is worth taking out 100k worth of private high interest debt. These people deserve each other, glad theyre out of the dating pool.

[@robnaj]

But maybe she wanted to be a teacher and you need a degree for that.

[@Emily-hn5ee]

I think Ramit Sethi goes over the emotion side in his show.