December 19, 2024

29 thoughts on “27-Year-Old With More Debt Than Anyone Should Ever Have | Financial Audit

  1. Man, I admire your resolve immensely. How do you push through like that even though your efforts with her are clearly useless. There is Zero getting through to her, even with logical financial facts. Your patience is next level! Great stuff for trying though.

  2. People need to recognize that having enough savings to handle an emergency like a broken car or roof or whatever feels even better than maxing out your CC. Very few things give me that much peace of mind, as knowing that almost nothing can happen to me that would break my back financially.

  3. 15:52 “I feel like something always happens”

    YEAH. That’s how it is when you overspend. You get caught in a cycle of constantly having to move money around because you never have money readily available when you need it. 😑

    This lady is a perfect example of why nobody should be taking advice from these life and spiritual woo woo coaches. Most, if not all, of them never have their own life together so why would anybody pay them for advice? It’s ridiculous. This lady is either intoxicated or she’s got a few brain cells to work with because she doesn’t seem to grasp the severity of what she’s gotten herself into. She keeps smiling and laughing and just looks at him all wide-eyed like “teehee whoops 👉🏻👈🏻”. She doesn’t know what type of phone plan she has, if she’s paying dental insurance or if it’s a loan, and at 27, she seems to think that a credit card is free money. She can’t even quickly articulate what her “job” is (it sounds like she’s an escort tbh) and looks confused when he asks her about taxes. Assuming she started working at 18 and paid taxes, she should know by now what taxable income is. Good lord.

    The sad thing is that there are so many people like her that get into a ridiculous amount of debt because they want to flex a lifestyle they can’t afford. She could live nicely on her income if she lived below her means but she’d rather overspend. I just can’t with her. She’s the type of person that I hope marries well and has the type of spouse willing to support her because there’s going to come a day when nobody is going to want “spiritual advice” from her anymore because let’s be real, she’s conventionally attractive and that’s her main selling point since she has nothing in her brain to offer that is actually worth paying for.

  4. This is a great example of how our education system does not prepare kids for real life. There should be courses in high school on how to manage finances, how to use debt properly, how to avoid financial scams, how to be in a relationship, how to be a good citizen, etc. Instead they have courses on advanced Algebra and Trigonometry that literally .00003% of the kids will ever use.

  5. This starts with FED monetary manipulation to make credit cheap and abundant. Guarantee she comes from wealthy parents who benefited from those policies with inflated assets. Then she was spoiled, never learned how to save or work hard. And we end up here. Now comes the painful unwind.

  6. Anyone that looks her up you find out she's actually an OF model and an escort. The reason she's being so avoidant on answering questions is she's not paying people to do her taxes or pay for her taxes. She's sleeping with them in return for them doing her taxes.

  7. you pay your entire year tax in one go at the end of the year in the USA? geez that's why so many people are in debt there. you think you have all this money but in reality you need to save up so much. In the Netherlands where I live tax is withheld automatically with each paycheck. This way the money you get is actually only for your monthly expenses and savings. No need to account for taxes.

  8. can someone from the USA explain why phone bills are so expensive in the uk. I just got a £14.99 a month unlimited everything + a moto edge 40 neo for 24 month contract…

  9. Kid should have a minimum of two years salary saved in cash or investments she can access. She’s only making 80k should be putting away 20% into separate account every paycheck. If she gets a CPA or adviser she’ll deff be able to write a decent amount in taxes including her office space, her vehicle etc. She can also open up a business 401k and a personal Ira and not pay taxes on all that for years…

    She needs to chill on the 50- 60 dollar bags of weed.

    The cooking thing is easy. Every 20 year old kid should know how to prepare healthy meals for cheap. Buy a head of cabbage and lean ground beef. Make a roast w veggies… make a lasagna… make homemade soup. All easy things.

    If all else fails she can just never pay her credit cards. Wait 7 years and rebuild after all her debt falls off. In the meantime she won’t have any kind of credit.

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