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The Most Insane Debt I've Ever Seen | Financial Audit

2025-09-19 Education
916.6k
13.2k
3.5k
Caleb Hammer
Caleb Hammer
3.3m subscribers

Couple Fails to Manage High Spending and $168K Debt While Expecting Third Child

Discover the stunning financial breakdown of a couple rapidly accumulating high-interest debt while expecting a third child, showcasing extreme spending habits incompatible with their median income.

Short Summary

  • Combined net income sits near the US median, yet the household operates on paper-thin margins with zero emergency savings.
  • Aggressive debt accumulation involves multiple high-interest lenders, fueling consumption of luxury electronics and lifestyle purchases.
  • Recent joint account creation and allowance system failed instantly, as major spending occurred just weeks before the due date.
  • Recommendation: The host suggests 3 months of strict budgeting followed by bankruptcy to address the $72,000 in bad debt.

This session analyzes Cassie (29) and Andre (33) from Oklahoma, who have a combined net household income of about $4,600 and are expecting a baby next month. Despite house hacking to reduce rent, they live paycheck to paycheck due to severe behavioral spending issues evidenced by hundreds of consumer decisions on high-interest financing. The review exposes nearly $168,000 in total debt, including significant amounts in collections and high APR loans, forcing them to borrow from their tenant for essential repairs.

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Description

▶ CRAZIEST POST SHOW- *SHE HAS A SECRET DEBT BEHIND HIS BACK* This is insane. I fully expose her to him, and the conversation goes off the rails... things get exposed that I couldn't even imagine... wacth here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join ▶▶ *FREE TRIAL* To make our classes and budgeting app *more affordable*, we bundled them together for an *80% DISCOUNT* and for this month only, you can try DollarWise Central for *free* - check it out here and change your life: https://dollarwise.com/dollarwise-central/ ▶▶▶Download the *DollarWise Budgeting App* today: *Apple:* https://apple.co/4iChGhr *Google Play:* https://bit.ly/sb-googleplay Don't overcomplicate this crap! All you need is an automated / SIMPLE budget. ▶▶▶▶ *AND REMEMBER* those who sign up for DollarWise Premium *annual* get a signed version of the Cook Book, just submit proof of purchase here: https://tally.so/r/3xzPq5 Try Rocket Money for free: https://RocketMoney.com/caleb ___________________________________________ ▶EDUCATION: 1. Get your own free Hammer Financial Score: https://www.calebhammer.com 2. Get all of my educational programs for a much lower cost here, including the premium version of my budgeting app: https://dollarwise.com/dollarwise-central/ ___________________________________________ ▶RESOURCES 1. *I'VE MOVED MY INVESTMENTS TO WEBULL* do the same and transfer to my investing app of choice here: https://www.webull.com/k/Caleb and you get: *Cash bonus of $200 - $30,000* depending on initial funding amount, up to 8.1% APY, and up to 3.5% IRA Match. 2. Checking & Savings: Get up to $500^ before payday when you sign up and set up direct deposit. No credit check. No interest*. No mandatory fees: https://clickurl.ca/caleb-mypay 3. CourseCareers: Land a high-paying job with no experience or degree by going through an affordable online course https://coursecareers.com/CalebHammer 4. Get $20 from Acorns for free: sign up to get your bonus https://acorns.com/caleb 5. The credit building debit card: First 100,000 people to sign up for Fizz with code: HAMMER10 get $10: https://www.joinfizz.com/caleb (paid ad) 6. Helium Mobile: save a ton on your phone bill, sign up and get a FREE plan when using promo code CALEB https://hellohelium.com/ 7. Online security: Protect your online privacy and security NOW and for free by following my link Aura: https://aura.com/hammer 8. Get an exclusive HighLevel 30-day trial: https://gohighlevel.com/calebhammer ___________________________________________ Chapters: 00:00 Intro 05:46 lol 16:57 lol again 34:43 whats her f*cking problem 48:17 thats a first 01:06:48 the concept of friendship is foreign to the caleb 01:22:53 but wait! theres more ___________________________________________ ▶More Content 1. Financial Audit Follow-Ups here: https://www.youtube.com/@financialauditfollowups 2. Caleb Hammer Livestreams: https://linktr.ee/calebhammerlive 3. Livestream Cutdown VODs: https://www.youtube.com/@livecalebhammer ___________________________________________ ▶EXTRA 1. My socials: https://stan.store/calebhammer 2. Want to be a guest on Financial Audit? We film weekdays in our studio in Austin, Texas (in person only)! To apply, visit: http://calebhammer.com/apply ___________________________________________ ▶*Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. This is not investment advice. ▶Sponsorship and business inquiries: [email protected]

Top Comments (10)

@savitri_789 2025-09-19

The son who went from failing to straight As to win a bet has more drive and discipline than his fully grown dad

3.1k 14 replies
@thistles 2025-09-19

Soon the “allowance” will be court ordered and called “child support”

2.5k 18 replies
@TaylorBeem 2025-09-19

“I don’t like physical things” proceeds to buy so many devices and games he could open a fucking GameStop.

2.2k 7 replies
@submit62 2025-09-20

Today, we are finally 100% debt free! No car loan, no student loan, no phone payments, no family loan, completely free with a fully funded emergency fund! 🎉

1.3k 15 replies
@janeandrews1790 2025-09-19

He may be “the man of the house” but the house is on fire.

1.0k 7 replies
@starfire555 2025-09-19

so many people on this show would get out of debt simply by just not being a greedy and gluttonous goblin

881 17 replies
@GraysenVillaseñor-k5c 2025-09-23

Small step: I am a week into bringing my lunches to work instead of eating out everyday!

736 16 replies
@KendraKingery 2025-09-22

55:43 “i never buy big things for myself, the last time I did was when we found out she was pregnant 8 months ago!” *bought a $1000 laptop for himself 2 weeks ago*

545 2 replies
@garretflohr2795 2025-09-22

They charge the roommate 900$ a month for a 920$ mortgage and then they STILL borrow to fix the hot water heater

230 3 replies
@CalebHammer 2025-09-19

▶ CRAZIEST POST SHOW- *SHE HAS A SECRET DEBT BEHIND HIS BACK* This is insane. I fully expose her to him, and the conversation goes off the rails... things get exposed that I couldn't even imagine... wacth here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join ▶▶ *FREE TRIAL* To make our classes and budgeting app *more affordable*, we bundled them together for an *80% DISCOUNT* and for this month only, you can try DollarWise Central for *free* - check it out here and change your life: https://dollarwise.com/dollarwise-central/ ▶▶▶Download the *DollarWise Budgeting App* today: *Apple:* https://apple.co/4iChGhr *Google Play:* https://bit.ly/sb-googleplay Don't overcomplicate this crap! All you need is an automated / SIMPLE budget. ▶▶▶▶ *AND REMEMBER* those who sign up for DollarWise Premium *annual* get a signed version of the Cook Book, just submit proof of purchase here: https://tally.so/r/3xzPq5 Try Rocket Money for free: https://RocketMoney.com/caleb imcoolmaybe ._., PK, Taryn Stouffer, Carlos Leon, hashley, Emma Johnston, Jason Albers, Danniella Fennelly, BigPapsOG, Jhonathan Rodriguez, Hari Subramanian, Evngln2100, Julian Ellison, Zachary Sarnacki, Maksim Sviridov, Hailey Geller-Zawisha, Vince Carter, Domennator, Florci, Hands_Of_Skorm, Maighan Giles, Anthony Kasawdish, Prey, Tech Guy, Hannah Dooley, Corey S., T3N, Grant Oster, Pe@chy, catzius1212, Solerons 91, Betty C, Sebastian Okier, Dr. Fajingler, Kard Harsdivia, Catwithsocks, Cyndy Goodin, Yazz, K Johnson, Jennifer Giovetti, Marcie Woodley, Madsy, Red Cruz (ll Fat Loki), Stephanie Tang, All Star Strength, Kelsey Zettler, Emmy Ranson, RJG, Steph Cote, King Yeetles, DaveDew, Kayne M, MintyPeaPhD, Oscar, Country Crypto, D Will, sangybr, Mistress Venia, Eric lozano, Miguel Moyer, Aaron Martinez, Patricia Embry, GothRocker7, YashaProductions, alexis briano, Apollo XV, ECbear2585, Peter McInerney, facu salas, Andrew, Evan Nekuda, Earl Cowan, Ever Neal, Cinthia Morton, Victoria Komar, Stecker Graphics, Spare No One, Cerberus the chef, Bdogbdh2002Gaming, Sharon Santiago, Madison Cribbs, Samuel Santos, Brian Jacobson, Demigod007, helloimyellow007, Sarah Routon, Desiree Haro, Andrew McCanna, Joel Sanchez, Youssef, Cloud, Jonathan Tanguay, Allegedly newman, Kiku_Valentine, Scott Oldford, Evan Lehr, mauro suarez, Clayton Copper, Mags Paracha, Tayzer, Tori Hunt, Adam, RobbyV, Aaron Stelter, Vergost 122, Jasoleia El Omari, Lucifer Morningstar, Andy Garcia, Renee Hopkins, Kelsie Jones, Bryson Still, Michael Plummer, Brandi Heller, Trent Schmidt, Travis Woods, Sarah Champion, Margaret C., Salsa Verde_NP, Sharon D, Josh Parkway, Diego 17_21, Camo1691, Thomas B, Elijah Perkins, Georgie B, Bruised Banana, Alec , Ctopp, Susan Wenzel, Cameron Murzyn, Clayton Fair, Kaytlyn Pidsadowski, THE_LEGO_LOUNGE, Mykayla, Marc26110, Sarah Nelson, Lance Tardiff, Bethany Zittrer, SAGStudios, nan, Will Minshall, Derek Gregory, DusDee, Sarah Brunsmeier, Ian Dickhaus, cheyenne dann, Lucero Saenz, Fernando P., Holydarkx, Zax, reyuho, Ethan Hammerle, Tonvisage, Clippybara, Stephanie West, Kristen Sather, Natalie Solis, Canopr1ngles, Ivegottoxickisses, Bailey Reiners, LtMadWolf, Thomas Vance, Jonathan Rollins, Forca DesignLLC, Abigail Zorrilla, Kadie Helgeson, Will Fisher, Jazmyn Donley, Channel 19, Elizabeth Fairbairn, Prophecy, JohnPeter Stravinski, Bailey Stark, Corey Johnson random adventures, Keith Adams, Lauren Hadfield, Hav 307, Faendryla, Slowahhmedia, Luca Diaz (Luryon), Dawson Yandle, Steph Willard, Anand Vadlamani, Khoa Nguyen, Caitlyn Booker, Tommy Sheehan, Connor Covington, Kathryn Wheeler (Kathy), Jessica M, Alyssa Waldrop, Tylinann, Peter, Daniel Scott, JKarot2, Nick Fahrner, Shaggy Bestul, GIGN - Gig In Great North, Cho Long Kim, holly wade, Leon Montenegro, TherealMVP, nan, joker illusive, Margaret, Rebecca Rein, Layla Weaver, Hipnotic Jinx, Ginny Harrison, HerValk, John O’Connell, Kimber:kiss:Myadhdaddictions :kiss:, Chloe, Adrian C, Vanessa Ramirez, Redmel9, Chris McKenzie

223 12 replies

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