December 19, 2024

34 thoughts on “The Most Insane Debt I’ve Ever Seen | Financial Audit

  1. Its crazy, I know someone who got 7k off of a credit card and bought a truck. Didnt even keep the truck. Credit card immediately called them and asked for a payment. This person brings in 10k a month in SSI, military retirement, VA disability. Goes on vacations buying timeshares buying 25k rings for the spouse. Its crazy. I told him he will stay stressed unless he gets his money together.

  2. Its crazy, I know someone who got 7k off of a credit card and bought a truck. Didnt even keep the truck. Credit card immediately called them and asked for a payment. This person brings in 10k a month in SSI, military retirement, VA disability. Goes on vacations buying timeshares buying 25k rings for the spouse. Its crazy. I told him he will stay stressed unless he gets his money together.

  3. This is why public schools stopped teaching finance to kids. If you can get the younger generations to become debt slaves, then you have them for life. The last thing the government/major corporations want is a smart, responsible, and moral citizenry.

  4. And what's sad is that if this guy didn't try to hustle, with half a dozen side jobs that needed specialized equipment for each job, he wouldn't be in this situation at all. He could have just picked one side job. Spend 5k on a lawnmower. Fine. But 66k on a truck so you can make 300 bucks extra a month? In what world does this make sense? Withn a $1200 monthly car note? You are setting your child up for failure and destitution. Off thw rip. It's disgusting.

  5. I make a decent amount, and I still drive a 2005 car that is fully paid. I love my little toyota car cuz I own it! I don't have to make monthly payments and insurance and cheaper than it is with expensive vehicles.
    I just love to save money and invest it.
    KIOYOSAKI said: if you want to buy a liability, you should at least be able to pay in full 5 times of what the thing will cost you. So if the truck is $65.000 dollars; he should have at least: $325.000 dollars (but that is money I dont think he have!) 🤯🤯🤯😵🤧

  6. This dude has an excuse FOR EVERYTHING.. He's attempting to rationalize every expenditure and debt he's made as his wife as if it's okay to be financially irresponsible racking up monumental debt, where debt exceeds profits or income. And his wife is not exonerated from this fiasco either, she's a coward for not coming on camera to face the music for her spending on Apple cards, Amazon, and fast food all of which are not "baby expenses". They are married, so his debt is also her debt, and she has done her fair share of the spending fully aware that he is buying trucks and trailers he can barely afford, and barely making payments on and only paying minimum balances of the majority of the credit card debts, then added another lifetime expense with bringing a newborn baby into the world, where's the money going to come from for childcare, college fund, their retirement, and emergency backup funding? … "Stand by your man" take accountability ma'am, why hide in the corner off camera and let him take all the heat from viewers and commenters? smh…

  7. My brother bought a $700 truck 5 years ago and has a lawn care business pulling a trailer… yes it brakes down sometimes, but I’m just saying he could’ve gotten something wayyyyyy cheaper!

  8. So 12 weeks the mom gets off work. Who's taking care of the kid then? Where's the budget for daycare which costs as much as the average Americans salary?

  9. Did I miss something? I don't recall anything said about maintenance on the truck. With him putting so many miles on it, he'll need oil changes and tires more often. Both are much more costly on that truck. They don't get very good mpg either.

  10. Not the worst person that's ever been on the show tbh because he does have a good work ethic. He is just terrible with money and too damn proud. He just needs to eat thay big piece of humble pie, swallow his pride and after a while he's going to be fine I bet.

  11. Kick his as off your show. Has a kid, prioritizing his stupid truck he doesn't use for anyone but himself. Stupid stupid stupid. Sell your fucking truck Mr "trash operations manager ". Jesus.

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