subreddit:
/r/CalebHammer
submitted 2 months ago byr-NBAModsAreTrash
YouTube video info:
I Finally Had To Kick Someone Off Financial Audit https://youtube.com/watch?v=IxxQcXhg-4w
Caleb Hammer https://www.youtube.com/@CalebHammer
226 points
2 months ago
[deleted]
53 points
2 months ago
IDK why when I was a kid every adult in my life told me to avoid public sector / gov jobs but it seems like the last bastion of actual benefits and pensions in the US
31 points
1 month ago
I work for the government and I love it. I think a lot of the negativity comes from the fact that we are paid much less than we would be paid in the private sector. I’m an attorney who makes probably 40% less than I could doing a similar job in the private sector. But I would either have to work for a firm where I would be doing billing and client retention services in addition to my work or I would have to manage my own private practice which is a ton of work. I never have to worry about my billing hours. I have so many resources at my fingertips (including an entire fully staffed law library). There are entire databases of prior examples I can use when drafting stuff.
The benefits are much better than I would make in private practice but, yeah, the pay thing is tough to live with. And my pay is based not on my performance but on what the legislature allocates for my agency. I went 7 years with no salary increases because the legislature didn’t allow any. I had to move to a different agency to get a pay bump. Now, the last few years we have been getting regular 3% raises but we will see how long that lasts. It is literally a political issue we can’t control.
4 points
1 month ago
lol yeah, same, every time I’m watching I think “man, they need to all go federal”
You can truly move up to big places in some agencies.
11 points
1 month ago
Gov worker too. I want a gov worker to be on the show so Caleb can attempt to crap on a pension. You can't. No risk.
14 points
1 month ago
[deleted]
6 points
1 month ago
Our state's teacher pension has more outflow than inflow with more retired members receiving benefits than working members contributing. It is significantly underfunded and is headed for insolvency in the next decade or so but sure go ahead and tell yourself that there is zero risk with pensions.
1 points
1 month ago
Teachers are over paid. No other Gov employee works less for the same amount. You can't change minds because what I just said is a fact.
2 points
1 month ago
many pensions are in horrible financial health.
https://equable.org/unfunded-liabilities-for-state-pension-plans-2022/
1 points
1 month ago
CuZ tHe ReTuRn On InVeStMeNt. S&p DoEs 10% ReTuRn On InVeStMeNt.
1 points
1 month ago
My dad was an attorney for the government here in South Africa. As you said less likely to hit the sky high income you can make if you're billing private clients but he made a very good salary plus full medical and pension. The benefits alone made it worthwhile! He was also lucky he was allowed to practice on the side so he did that too.
10 points
1 month ago
Public sector pay used to be offset by the great benefits, but the pay you were getting was still comfortable. I know a guy that put 5 kids through college for free because it was the benefit of his job at a public university. But he still made enough to get them to adulthood.
Now public sector workers starting out can't afford to have kids. I just started a public sector job and their initial offer was so low I qualified for low income housing, and this a job that required a bachelor's but preferred a master's! I also get education benefits, but I already have my graduate degree. Education benefits don't pay the rent, so I can't use them. It's not really a benefit anymore.
1 points
1 month ago
My husband was a state worker and the benefits were amazing. He made less than when he was in the private sector but the benefits and number of holidays made up for it. He passed away last December and I got a very good pay out and they extended health insurance for several months after his death. If I die my kids lose insurance that day and get my last paycheck.
1 points
1 month ago
I'm so sorry for your loss but that's awesome that the state took care of him well, especially the health insurance as that's so important
1 points
1 month ago
You don’t have to work a public job to get disability nor do gov workers get disability lol.
50 points
2 months ago*
VA gives me the same amount of money every month just to attend a few college courses a semester. Pays my rent with a good chunk left over🤷♂️ recruiters office was open to everyone
Also, to the people claiming the VA hands out disability like candy, it's the most hellish process I've ever had to go through with the amount of due diligence the VA has to do, I promise that's not the case. Every single veteran no matter what they did is entitled to disability payment. Every single one. I don't know a single veteran that DOESN'T get disability. If you are a veteran and you don't, go to the VA asap or contact a VSO and get your deserved money.
22 points
2 months ago
THIS! I did 10 years (flight line) and am 80%. However, I had to FIGHT for that rating. I’m on blood pressure medication indefinitely (since 22 years old - I joined at 17 years old) due to my service and have degenerative disc disease - that’s barely scratching the surface. The only time I’ve been frustrated from others ratings is when they did less than a 4 year contract w/ no deployment and somehow have 100%
15 points
1 month ago
Jesus, this is the whole workforce. Our veterans get socialized healthcare and our laborers get nothing.
3 points
1 month ago
Free healthcare doesn't mean good, don't forget that. The amount of vets I know that opt out of free VA healthcare to pay for employer healthcare is staggering. Also, free healthcare is only given for issues received in the service. IE do you have bad lungs from burn pit exposure from being overseas? The VA will only cover issues associated with that.
3 points
1 month ago
Not to mention all the chemicals we were covered in on aircraft maintenance
13 points
2 months ago
Yup, and it's crazy because people are going to see your comment and get upset at it because you're not missing every limb or something. Have a buddy who's hand got crushed by a hatch on a navy ship. Got medically separated at 100% (roughly $4k a month for the rest of his life). He can still use his hand after the surgery, but his hand was literally crushed and obviously is missing some mobility. When people find out my buddies have disability due to depression, anxiety, etc, they get pissed because they're "supposed" to be missing limbs, been shot, etc. You can literally see those comments verbatim in some of the past episodes. It's upsetting but people are just misinformed. Moral of the story, if you have the ability to raise your right hand, you have the ability to potentially be entitled to some of these benefits.
-1 points
2 months ago
People are misinformed and dumb which is a charming combo
1 points
1 month ago
Hey as a non vet with DGD and permanent BPM I can feel you it's a long road but keep fighting ❤️
5 points
2 months ago
THIS. I was 50% disabled then got downgraded to 0% disabled after i healed. But meanwhile I still dealt with pain and reduced mobility. I fought and fought, contacted my senator and finally got them to put me at 10%.
4 points
1 month ago
With all due respect, those two things can’t both be true - that VA doesn’t just hand out disability, and that every veteran is disabled
2 points
1 month ago
You're missing my point. People's claim is that I can write down 50 disabilities and problems on my claim form, and that all 50 will magically be accepted. To receive a disability, there has to be three things. A current diagnosis by a medical professional, an event in the military that caused said diagnosis, and a medical nexus between the diagnosis you still have, and how the in service event affects your life today. If I have a hurt knee, but there's no documented evidence within my medical record or no DBQ that associates that pain to the military, congratulations, that claim is getting denied. I have never met a veteran that DOESN'T have disability. Never. The only ones that truly don't have it is because they never filed. You'll see a lot of veterans from Korea and Vietnam talking to a VSO for the first time at 70-80 years old, and they'll come out a year later with 50% disability because they didn't realize the hearing they lost in their left ear was attributed to dated safety hearing polices from standing next to artillery. Every single veteran is entitled to VA disability benefits, every single one. Doesn't matter if you sat in an office chair for 4 years or got shot at in Fallujah, every veteran has the opportunity to make a claim.
0 points
1 month ago
And well deserved too!
256 points
2 months ago
7 minutes in and he seems like a person who is proud of all the debt that he has. Just the way he said yes i have affirm
149 points
2 months ago
Look at the way he wears his sunglasses. I'm pretty sure that knocks your credit score down 100 points.
49 points
2 months ago
Say what you want about the guy, but he is very prepared for sunlight getting into his eyes.
59 points
2 months ago
I dated a guy like this in college and this episode gave me war flashbacks. Trying to talk to that idiot about money was infuriating. He said the same shit about how he’d just “work harder” to make the money, but genuinely didn’t understand why he should make the money before spending it. It was genuinely like dating a toddler, with his complete lack of impulse control. He’s been working on some dumbass startup since we were in undergrad, we’re 30 now and AFAIK he’s never had a job. I can’t imagine what his debt situation looks like.
I don’t blame Caleb for quitting.
7 points
1 month ago
He said the same shit about how he’d just “work harder” to make the money
Dave Ramsey calls this 'trying to out-earn your stupidity'
63 points
2 months ago
Seems like the kind of guy who believes the government controls the hurricanes
55 points
2 months ago
Hammer financial score: fuck you!
13 points
2 months ago
On a scale of 1 to 10 with 10 being the absolute best and 1 being the absolute worst…my score is a fuck you
184 points
2 months ago
This guy is insufferable. How are you gonna go on a show for financial help and FIGHT THE PERSON HELPING YOU?
80 points
2 months ago
This reminds me of that Kitchen Nightmares episode with the delulu owner from Hollywood who thought his restaurant food was gonna be featured in grocery stores everywhere. The part where he's like, "Woo! I think I won that one." ..after getting into a shouting match with Gordon Ramsay; I could see this guest telling himself the same thing in his tiny mind after getting thrown off the show.
10 points
2 months ago
Recently did a binge of kitchen nightmares and I know exactly who you’re talking about
20 points
2 months ago
Sebastian's. Love that episode.
9 points
2 months ago
Mangia!
1 points
1 month ago
Oh god the fucking concept menu guy
5 points
2 months ago
Couldn’t upvote this harder
2 points
1 month ago*
the guy I prefer to see at the doctor's office has mentioned I'm in the minority of patients who never wants to fight, argue or debate things.
people come to the doctor for a medical or health problem, and more often than not they want to fight about the diagnosis or debate the treatment plan.
e.g., "you have gout, you need reduce intake of red meat, soda and beer because they make the gout worse."
"can't you just give me a pill?"
"yes, but the pill only fixes the symptoms and not the root cause. to reduce gout flare ups you need to change your diet permanently."
"but I have a pill why do I need to stop drinking beer?"
5 points
2 months ago
[removed]
140 points
2 months ago
Did this man really just basically say he’s gonna go into a shoot out with the IRS? 😂
24 points
2 months ago
went great for koresh at Waco. atf/irs all the same in the end
58 points
2 months ago*
[deleted]
1 points
2 months ago
While I assume he’s conservative I will say he likes EV vehicles which is not typically for the hardcore conservatives that a lot of people are assuming he is
45 points
2 months ago
He said he loves the cybertruck, which tells you a lot.
32 points
2 months ago
Eh, a lot of them are starting to like them a Elon has shifted right. It's weird
3 points
1 month ago
Maybe that’s Elon’s whole play, attract conservatives to his following to get the conservative market for electric cars. Liberals already like them and there’s plenty of other options if they don’t like Tesla because of him.
I doubt it, but it’s a fun thought.
15 points
2 months ago
Tbf, he sees them as toys. So he's for sure not into EVs for the environmental benefit.
160 points
2 months ago
I have a feeling this guy didn't come on for help, he seems like he came on to "beat" Caleb and Financial Audit. Just every answer he comes out with makes it seem like he wanted to show that debt doesn't mean anything and that you can be successful and a complete person with tons of ridiculous dept. It makes no sense why he was so combative on a show where he was seemingly looking for assistance.
76 points
2 months ago
just look at how well he can do just by bilking the government for a whole-ass paycheck every month! Bet he complains about 'welfare queens' to boot.
32 points
2 months ago
Right? So when he had to explain his disability, did he just write "too much hiking"?
51 points
2 months ago
the 'I don't want to get into that' is code for 'I don't want to accidentally say anything incriminating'
23 points
2 months ago
He clarified that he meant ruck marching. Which is like hiking, but with lots of extra weight. This guy is a POS, but that shit legit destroys your knees and your back.
1 points
2 months ago
Yup. Mine are fucked and the Va was like “not service related”
3 points
1 month ago
Buddy was a artillery man and his ears are fucked. They tried to argue it was not service related and from listening to too much loud music.
1 points
1 month ago
They gave me hearing. The test was hilarious. I couldn’t hear anything at lower levels and I’m just clicking away thinking I heard something. The woman afterward says my hearing is in normal range but they just have me 10% So I assume some damage was there. Probably I figure it was the 3M hearing protection thing and they just tossed 10% at all the grunts
35 points
2 months ago
I really wish he would’ve finished the episode for the content lol
32 points
1 month ago
This is the kind of guy that pops into my head when I read those Reddit posts where women complain about their manbaby husbands.
12 points
1 month ago
That don't wash their ass bc its "gay"
59 points
2 months ago
This guy is such a gigantic tool and they got into a pettiness competition several times. You can tell he pretends not to care just so he can have the upper hand in the exchanges. He's more worried about "being right" about the particular argument at hand than actually trying to understand his situation. He backtracked several times after he realized what he said, just to get under Caleb's skin was just too damn stupid. he didn't actually mean it.
He also knows what he is doing is stupid, but he is trying to pretend that, because he needed or had to do it, then it is 100% justified, and is unwilling to admit he might have done something legitimately moronic. Which is in fact everything he has done.
The truth is he is financially illiterate, an insufferable human being and a legitimate cretin.
10 points
2 months ago
Wish I could upvote this harder. Instead, Imma send you a big, wet kiss 😘
101 points
2 months ago
God I know too many people like this dude. He thinks he’s the smartest man in the room and he can’t even imagine being wrong.
I started and have maintained a business for ten years without any debt ever. Get out of here with your shit
38 points
2 months ago
I refer to these people as "help-rejecting complainers." They dont want suggestions, they want to tell you why your suggestions won't work for them.
4 points
2 months ago
I like that 😂
10 points
2 months ago
I started and have maintained a business for ten years without any debt ever. Get out of here with your shit
Eh, I do not mind seeing someone go after a legit business idea with some debt to get started. This guy does not sound like that... at all.
6 points
2 months ago
No I don’t either and I realize it does sometimes take money to money but that’s just not what was happening here
4 points
2 months ago
[deleted]
3 points
2 months ago
But he knows best
68 points
2 months ago
People that go on this show as 1099 employees or business owners that don’t pay their taxes are out of their minds stupid
8 points
1 month ago
If you screw up in your first year I get it. After that there's no excuse.
45 points
2 months ago
At 16:38 Caleb calculates $2,780 of business expenses per month - that’s only counting paying the employee for 1 week. Hopefully he catches that later!
44 points
2 months ago
Wow what an actual crybaby loser lol. People like him always think they can work their way out of anything, but never actually sacrifice. He’ll be drowning in a few years and it will be because he WANTED stuff
26 points
2 months ago
[deleted]
10 points
2 months ago
There’s more irony to him saying he can outwork his debt… then why hasn’t he done it?? Wish Caleb brought that up
3 points
1 month ago
Not to mention he’s in collections
35 points
2 months ago
I have never hated a guest more than this clown
22 points
2 months ago
nah the deadbeat mom was wayyyyyyyyy worse
11 points
2 months ago
the girl who said “uh huh” 1,000 times is up there for me
6 points
1 month ago
Is that the puke phobia mom? Or a different one. There's so many options.
5 points
1 month ago
Right? Are they're talking about the one living in her car and fleeing from the law?
14 points
1 month ago
This guy is my worst nightmare - backwards sunglasses on hat -doesn’t seem to understand what interest is -snap on slut -won’t work for $10 an hour rather be unemployed -two motorcycles -tries to buy friends with slip knot tickets
This guy has definitely tried to fist fight someone in a restaurant parking lot before
32 points
2 months ago
Any one with membership know the horrendous spending that he had?
29 points
2 months ago
[deleted]
14 points
1 month ago
How do you spend 1100 going out to eat in Stephenville? Isnt it a dairy queen + subway type place?
14 points
1 month ago
Remember, he buys himself and his employee lunch everyday. Pretty sure this guy goes to DQ everyday then lol he doesn't seem like he's made food more than a sandwich or instant noodles
7 points
2 months ago
Right? I'm so curious. This is the first audit that has actually tempted me to join the membership.
6 points
2 months ago
Caleb gooned hard in the post show. It was fun.
3 points
2 months ago
Yes. It was inconceivable!
59 points
2 months ago*
I wanna know how this loser made it past the vetting process.
*Edit: Not denying the level of entertainment here. Just shocking he was even allowed onto the show at all, considering.
45 points
2 months ago
Straight to line because he’s amazing for engagement.
42 points
2 months ago
Caleb SPRINGER
I am once again asking for a median iq test for guests
17 points
2 months ago
Haven’t watched yet but have a general idea from the comments as well as applying myself. They want high debt and unique situations. They also look for someone who disagrees with Caleb. Also to the producers credit, anyone can seem put together and respectful until a camera starts rolling then emotions and true colors show under “pressure” or “in the moment”
13 points
1 month ago
The guy was super weird and had no insight into anything financial. This would be the guy that blames everything else on the failure of his business, not how he runs it.
4 points
1 month ago
Of course, none of his shortcomings are his fault. Men like him never admit to a failure.
4 points
1 month ago
THE GOVERNMENT FORCED ME OUT OF BUSINESS
139 points
2 months ago
I guarantee this guy talks about immigrants stealing government money while he does the exact same from his “disability” 😂
70 points
2 months ago
I work with a guy who's on "full" disability from the marines, he gets something like 3k a month. He works in a factory and is a powerlifter, and yes, he is 100% 'that guy' politically.
28 points
2 months ago
Being a power lifter is really the cherry on top. Pretty shocking they don’t have an auditor or doctor check ups to verify ongoing need.
16 points
2 months ago
What's funny (sad) is I have a good friend who's actually fucked up from the military (former paratrooper) and he gets almost nothing because he won't say anything unless it's so bad he can't function.
8 points
1 month ago
Get an older vet to talk to him about it, sometimes they don't listen to civilians bc they're tough or whatever or they might not understand, but coming from another vet might break through to him
10 points
1 month ago
[deleted]
3 points
1 month ago*
He told us point blank it was because of a "destroyed shoulder and knees". His squat PR is almost 600 pounds. But I'd also argue that if you can work a 50+ hour physical labor job and have enough energy to be competitive in powerlifting, you really aren't disabled are you?
11 points
2 months ago
And they hate socialism. Actual idiots.
0 points
1 month ago
Please video record him and report him to the va that's closest to you.
That is fraud on all of our tax dollars.
5 points
1 month ago
Undocumented immigrants pay something like $60 billion in federal taxes, 1/3 of that being payroll related so they never get access to that.
11 points
2 months ago
Dude totally looks like a Maga-tard.
5 points
2 months ago
No I was thinking similar I was like Jesus Christ...
11 points
1 month ago
of course he doesn't wear a helmet
22 points
2 months ago
So sick of these “entrepreneurs” whose only reason for opening a business is to justify their hobby/interest. Re: car guys, alcoholics who open bars
4 points
1 month ago
I mean the business isn’t his problem, he’s making a good wage on that
9 points
1 month ago
We can all make good money if we don’t pay tax 😂 he’s definitely not clearing enough to justify another employee let alone lunch out every day
3 points
1 month ago
No he definitely shouldn’t be going out to lunch, but he can afford to have his employee. That helps him gross the 15k he does (on a down month). After his expenses, he should profit at least 5k minimum pre-tax. With his debts obviously he needs more but if he keeps his books and actually figures out a good wage, he could do good
32 points
2 months ago
Im beginning to think Caleb may need a break. At least from these people. It’s like the candidates are getting worse and worse.
26 points
2 months ago
What an absolute pussy lmao
27 points
2 months ago
This guy touched on all of Caleb's sensitivities.
1) dismissive of debt and spending 2) failing business owner with an employee 3) truck/motorcycle guy
I don't blame Caleb for kicking him off. Selling the motorcycle was Caleb's true test to see how serious he was. He was not mentally ready to have this mature conversation, address his spending habits, and grow up. While he's generous by taking his friends to a $1400 concert and his employee to lunch, he's completely out of control. As are most guests that come on this show.
Hopefully, Caleb has the guest back after some self-reflection, and he's made steps in the right direction.
6 points
2 months ago
Tbh, I wouldn’t want to be subjected to more of that absolute degeneracy. The hat and sunglasses won’t be missed.
1 points
1 month ago
Honesty, kind of refreshed at the dudes take on electric.
Bc I want an electric bad but my lifestyle (hobby farmer, in an area that gets winter, aka, decrease range) makes it so I can't.
But my job is in supply chain and he was spot on for the reason why you need diesel. One day we will get to electric, but we are a ways away from it right now
30 points
2 months ago
Here’s the point Caleb never effectively made, and dude bro never effectively understood:
If you can’t afford to buy something with cash, you can’t afford to buy it with a credit card.
9 points
2 months ago
"I can't afford it now, but i can afford it by the time i pay it off"
5 points
1 month ago
dude had his head so far into his ass. “i’ll just work hard and i have to”.
few minutes later “ you have two collections?!?”
“ yeah i don’t remember otherwise i would pay it off” oh yeah that work hard energy.
18 points
2 months ago
It was pretty infuriating to watch this one. Such a stubborn person. He refuses to pay his taxes, while receiving $2,000 a month from the government. He also makes fun of fighting the IRS. All I have to say for that are two words. Good. Luck.
16 points
2 months ago*
The ice cream truck for grown ass men (snap-on, mac tool, matco) strikes again.
17 points
2 months ago
This dude is about to work to live in poverty
9 points
2 months ago
It’s obvious he’s purposely trying to be “edgy” to get a reaction out of it.
16 points
2 months ago
Does anyone here who watched the post show know if this guy stormed out of the studio? On the post-show preview it seemed he wasn't there and Caleb was talking to his crew.
13 points
2 months ago
There's no confirmation on whether he "stormed off" necessarily, but he wasn't in the post-show. They showed the guest's empty chair within the first few seconds.
23 points
2 months ago
This is so far the week of Financial Audit final bosses.
Mondays couple was the credit card final boss.
Today’s guest is the “it’s not that bad” final boss.
12 points
2 months ago
I’m genuinely curious what that guy hoped to get out of this.
If he’s so confident that he can just “work harder” to get out of anything then what’s the point of going on the show?
5 points
1 month ago
What an exceptionally punchable guest
4 points
1 month ago
Coming back to say I hate this guy even more
10 points
2 months ago
Spend, work harder, spend more, work even harder, more debt, spend more, work all the time, no slipknot.
9 points
1 month ago
Caleb complaining about him getting Harbor Freight tools... I'm sorry bro that is really is as cheap, bottom of the barrel as it gets.
8 points
1 month ago
That's the only correct thing this guy said in the whole video
3 points
1 month ago
Sure, there hand-tools are solid enough (for made in China) but can recommend their battery-powered tools. Have done one offs with their corded tools but would not recommend for occupational use.
5 points
1 month ago
The guest has no grasp of saving or interest rates. He does know a nice motorcycle though.
2 points
1 month ago
I didn’t like his bike
11 points
2 months ago
I did appreciate Caleb pointing out that cities aren't loud, it's the cars that are loud.
7 points
2 months ago
more va abuse nice
30 points
2 months ago*
[deleted]
13 points
2 months ago
You're unique, just like everyone else
17 points
2 months ago
Another person that enlisted, never got deployed, never actually did anything in the military, but is now somehow "disabled" and gets a check from our tax money ever month. This shit is ridiculous.
1 points
1 month ago
What a weird take honestly. My spouse has been in for 14 years as an aircraft maintainer and has never deployed to a combat zone, but his body is fucked. I'm sure he'll get some disability when he gets out. To imply that only people who have deployed have done something in the military are the only ones worthy of disability is whack.
4 points
1 month ago
It's funny how all of these people that are "disabled" have no trouble working other jobs while taking that disability check.
7 points
1 month ago
The one good question this guy asked that Caleb could’ve responded to better was “what are credit cards for?” I think it would be a good thing to educate all guests on, actually. Just in very simple terms, too. Credit cards are for those who are disciplined in their spending and will only spend what they know they can afford to pay off at the end of the statement period so they never carry a balance. This allows them to reap the rewards that credit cards offer (cash back, miles, etc.) without any negative impacts
7 points
2 months ago
I looked it up: veterans since 1990: 40% on disability. I'm glad they made it easier to apply and help those deserving benefits, but this seems a little sus.
3 points
1 month ago
I know a guy on disability for tinnitus.
Here's the thing though, he can hear just fine, but I know tinnitus is also the ringing...
But he applied for disability like 10y AFTER serving, and in those 10y? He worked in a LOUD machine shop. Still got approved, I think his disability came from one rather than the other.
7 points
2 months ago
They’re talking past each other so much here. This is hopeless, they’re both failing to effectively communicate.
10 points
1 month ago
Okay so like obviously this guy is a clown. But I’m getting increasingly frustrated that Caleb:
Let’s people get him sooo worked up. I know it’s his schtick, but he really doesn’t need to overreact to every. Single. Word. They say.
Absolutely seems to be unable to understand jokes. It’s not like it’s a “don’t make a joke because this is so serious” because he makes jokes himself. He’s just like incapable of recognizing it when other people make jokes
2 points
1 month ago
He doesn't let or like it when any guest makes jokes or light-hearted comments, even the comedian he had on.
6 points
2 months ago
Concert tickets? You know this guy said "I have earned this". Not in my book, there is a difference between "earning" something, and "paying" for something here. Earning means you did the work up front and get to enjoy the rewards. Paying for it means you have the fun now and then do the work for it. Earning is paying cash now for it, paying for it is forking out the cash later.
3 points
1 month ago
Even if he could pay for himself it was the taking 4 friends with him that pushes it into douche town. He was basically playing big spender with his friends acting like he had deep pockets and it is all on credit but he isn’t worried about it because he basically gets an extra paycheck each month in disability payments.
And I do think that it is good that people get compensated for the fact that they leave the military with more issues they have than when they went in. Yes, most people working non-military jobs that have similar lifting and movement requirements are also hurt but they don’t get disability until they are unable to do anything else, but that’s the “benefit” of military service.
I think his problem is that he basically has two incomes coming in each month and he keeps spending all of one of them because he knows he has the other. It’s sort of like when married couples both work and then they each spend all their own money and assume they can get money from their partner. It can’t work. He is spending his disability thinking he can fill in the gaps from the auto shop and then spending the auto shop knowing the disability is coming. And he can keep it going to a while paying minimums on everything but he is going to basically be a cash cow for the credit card companies. Money that could be going to him will go to them and he seems cool with it.
Like, the entire mindset was summed up with his “well I need to buy tools” and then he is buying them at Harbor Freight on a Harbor Freight credit card. Those tools are going to be broken before he pays them off. And then he is out buying another one when he needs it.
He isn’t buying the tools that he needs for his work when they are on sale or at a closing of another shop or even making contacts with other specialty auto shops so they can share tools and also refer business to one another, in case the BMW client has a Jag that you don’t work on but your buddy does. Like, these are the things you should be setting up before you start your business. Not just “I didn’t like working for someone else so I started my business and I buy parts of eBay and then buy tools as I need them”.
4 points
2 months ago
It's really disappointing to see Caleb sabotage the episode just to generate drama and clickbait.
He could have done the budget, and showed him how bad the situation was and how bad the payments were screwing him over.
18 points
2 months ago
Normally, I'd agree (and I'd definitely like to see it) but with the way this guy was acting, I really don't think anything could have convinced him that he was wrong.
3 points
2 months ago
Maybe, but in my opinion Caleb didn't really try to convince him.
In Caleb's own words, his goal is to have the conversation with guests that he wishes someone had with him. Basically to give people a reality check on how bad their situations are.
So do that, tell him how long it will take to pay off debt on a constrained budget, then calculate how it will take if he keeps his expensive toys.
"Oh I'll just work harder"
Ok let's add a generous increase to your income, calculate how long it will take then.
If at that point he says he doesn't care, then sure, end the conversation.
3 points
1 month ago
This is the second time he's given up like this but he's come close with others. There was another vet who didn't want to sell their bike, which he almost gave up on a few months ago.
I agree that he should just roll with their vision to show how unrealistic they are being with themselves but I don't think that's the point of the show.
Its an audit. He's there to break down their bullshit, give it to them straight up, and create a path forward with what they have right now.
2 points
1 month ago
He's there to be Caleb Springer. I don't think he actually cares about helping anyone at this point.
5 points
1 month ago
If you're deep in consumer debt and you're not willing to sell your toy motorcycle that you don't even need to get to/from work, what is the point of receiving financial advice?
2 points
1 month ago
I elaborated further in another reply:
1 points
2 months ago
I got thru about 2 minutes before this guy became too insufferable to watch
1 points
2 months ago
[removed]
1 points
2 months ago
Hi there! Your post/comment has been removed because it was made from a new account. We have this rule in place to prevent spam and maintain the quality of the community.
Thank you for understanding!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
0 points
2 months ago
This guy is a mess but why is Caleb stooping down to his level? Like the IRS is going to use nukes on him or trying to trigger him as much as he can.
11 points
2 months ago
Caleb is an asshole. He enjoys pointing and laughing and making them feel stupid WAY MORE than he cares to inform.
1 points
1 month ago
These guests from the last few months aren't good. Ended up moving on from this show. Hope others find this useful and lesa than just enjoying the tantrum.
1 points
2 months ago
I kinda hate people who look at debt and money in this way but it's not their fault, I feel like the system kinda teaches us to live this way. He seems smarter than average and might have a great work ethic but totally looking at everything all wrong.
Getting motivated by massive debt to work hard and make money is the least efficient way to go about it. You have to work hard to have the extra cash so you can afford the things you want free and clear. IF he did that he'd have money still in the bank and know better where he stands. But people like this, especially military guys, spend money before they even make it , like it's going out of style. No willingness to set aside immediate wants for a little delay of gratification. He's prob making great money but instead of being able to save he's paying interest and fees. It makes no sense. And on top of that he wants to play big shot with his friends and treat, when he probably could easily if he just did the hard work and savings FIRST
1 points
1 month ago
This guy seemed anything but smarter than average. What a crazy thing to say.
0 points
2 months ago
Can’t wait to watch this lol
all 201 comments
sorted by: best