She’s Hiding $200,000 Of Student Loans From Me | Financial Audit
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- Опубликовано: 1 окт 2024
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Never been this early to anything- but Caleb I wanted to just say thank you. I had awful debts including student loans, multiple credit cards, and a bad car payment. After watching your videos I’ve gotten rid of credit cards entirely and am almost done paying off my car. Thank you for your videos and it’s wonderful seeing you be so successful! You’re the best !
You’re going to do brilliantly!
When you said you bought a Mitsubishi eclipse when you were young, I understood. Fast and furious. Everybody was jealous in highschool if you had one
cap
Love how Caleb always shills his sponsors every second he gets… “I love course careers”, yeah.. because they pay you every month lmao.
@@LaSombraathat's all content creators TBH
Please keep having guests that are in their 40s and 50s to round out the typical guest profile. It is relatable to your older guests and also shows those in their 20s the importance of their actions (or lack thereof) to their financial future.
I have no interest in watching weak, fragile, entitled self-indulgent young people who whine, make excuses, and hide behind drugs and claims of mental problems. Number one, they haven’t ever tried to do anything for themselves; and number two, it’s boring and irritating.
Ya! I only watch the older people. I can go hang out at Starbucks if I want to hear broke 20 year olds
Make them apply to the show :)
Yes, I’m trying to learn from people who have already made some moves/mistakes, and their stories.
@@CalebHammerI would have been a perfect “mature” guest about 10 years ago, but I cleaned up my act. Having said that, I’m still using your advice to keep to a budget and save as much as possible before my looming retirement. Cheers!
My face is greasy as hell and my neck looks like an accordion! LBS...but I guess that's the least of my worries. I am grateful for the show and the boost in motivation to do better. I've made some better choices already and paid off that sharky loan!! I'm on my way to better days! Thanks Caleb and team!
You look great for 47! And healthy too so you can take care of your babies!❤
You look great, but what showed the most was your love for your children and passion for teaching them how to be financially responsible right from the start. That is the best motivation to take care of YOU ! You got this!!
Actually I thought you looked HOT, and not in a temperature way. VERY nice. Best of luck to you and tackle that debt and please start putting something away for retirement.
Keep going mama! You've got this!!!
@@dyates6380 🧢
And thanks everyone for the encouragement and kind words! I really appreciate that! With so much negativity in this world and people loving to see others fall, it's nice to hear something good. I wish everyone on here the very best. Being in debt sucks! I agree at times I was delusional about some things and made a lot of excuses about others... but you live and learn. I AM already slowly but surely digging myself out!
I really enjoyed your episode! Thanks for sharing your story with us. It's only onward and upward from here!
Wishing you the best also! Glad you had the opportunity to go on the show and get Caleb's advice. You were a great guest and I'm rooting for you and your financial journey! ♥
We are rooting for ya! You got this!!
Wow you're in a tough financial situation....good luck to you
We're rooting for you!!
Caleb: " Im gonna go easy on ya and be nice because youve never seen the show."
Also Caleb 60 seconds later: "Im going to burn you at the stake of truth"
That's why we love him
Someone whose been through hell yet doesn’t have a victim mentality and takes responsibility for her own actions? Is this the right show? 😂 So refreshing! I’m rooting for her and I know she can succeed.
@@shanegrayson7068maybe she deserves to have wages garnished, but she should still try and avoid it, even if it means the taxpayer gets screwed. She's got two kids to prioritise over the average taxpayer.
@@shanegrayson7068she blamed her kids for her spending right off rip 😂
@@regdomain4690ohhh come on. Blaming kids? Kids need things that they can’t obtain on their own. It’s a requirement and a gift from God. It’s not a blame, it’s a reality
@@razup2323 she literally blamed the kids for her financial situation off rip... Then her ex (we only know her side of the story).... Then she spent the entire interview staring into darkness like she was on Kevin Samuel's call in show.
except for when it came to her student loans.
My boyfriend may be sick of me saying “ Caleb hammer wouldn’t like to see that on my statement” instead of just saying “ no “ to buying something 😂
Good for you
Gotta use that line! 😂
It would be funny if he sold ringtones with his voice as reinforcement reminders to hear throughout the day. A text comes in and you hear: "No Taquitos, buddy!" 😄
Thanks so much EVERYONE for the compliments and words of encouragement! I really appreciate it!! I've gotten my debt to 1/3 what it was and I'm still chipping away! May great health & happiness be with you all! ❤
Keep it going!
You got this, you’re absolutely my favorite guest on here.
That's awsome! U ROCK GIRL!!!🫶
Great job!!!
“Well you’re like 12” .. had me laughing out loud 😂
I love Yaya. She's not afraid of talking out her past spending issues and rolled with Caleb's critiques. I have a good feeling she's gonna make it happen!
Not a chance.
@@joe5544glmao I thought the same exact thing. Nice lady though I wish her the best.
@@joe5544g that's the attitude 🙄thankfully what you think has no bearing on her potential whether she struggles. It's not easy for anyone trying to undo financial habits and most important thing is that she never stops trying.
@@stop08it He said he has " a good feeling"... I look at past behavior and future probabilities, you know "data"... Sorry if that hurts your feelings, it's reality.. Take care.
@@joe5544gyou seem like a blast at parties
I really like her. She sounds intelligent and she took being called out gracefully. I really believe that she can get on top of everything!
Her?
Agreed! I think she's just been ignorant about her finances but her no bs attitude has me believing she's going scorched earth to get out of this hole.
@@miketheyunggod2534 Don't be a weirdo.
She is almost 50. Almost too late. With 100 excuses.
I believe in her. She's in a rough situation, but I believe.
I’m not gonna lie that 200k in student loans would’ve had me starting fresh in a new country lol, thank god I don’t have student loans.
So let the tax payers deals with it. 🤮
The truth is she (and many others) should never have been ALLOWED to take out massive debt for school. People have no idea what they are doing.
Yeah I’m going back to Ghana😂
@@dcg590tax payers never should have lent her the money in the first place.
University’s are a business meant to purge money from young and financially insecure people like most businesses in the US. I’m not paying that amount of money back unless my salary of my profession allows it. If not sorry “tax payers” 💁🏾♀️
My comment is for YaYa. I was an old single adoptive mom at 42 & 47. I had a house, car, Masters degree and decent job and no bad debt. The most expensive years of parenting are ahead of you and you’ll be trying or needing to retire at the same time they are getting launched with college or job training and hopefully, financial independence but that can take awhile. Now I am 69 and I live on very little. My best advice is to become incredibly frugal and don’t count on future money or expecting to make more or student loan forgiveness. Be realistic about the now! I hope the best for you and your kids.
I literally thought I was good with money until I started watching your show and laughing at people only to then realize I was doing the exact same thing 😂 the truth hurts
😂😂 awww many of us feel the same pain too. 💔
Same 😂
Same dude hahah
100% same reaction! I've already made a few changes because I could hear Caleb yelling at me in my head!😅
I appreciate his insights. I'm thinking of opening a SoFi savings account. And looking at his other suggestions
Nobody but lawyers and doctors should even consider six figure student loans.
"Medical" doctors
@@johnh8705Glad you specified. There was about to be a plethora of people with doctorate in finger painting ready to boast their useless degrees on this thread
Unfortunately because of the cost of doing required internships, more loans have to be taken out. Hopefully not to six figures but probably $60k plus.
@@ceasarsalad2055 lmao
@@ceasarsalad2055 Imagine calling a PhD a "useless degree", stupid af
Only ten minutes in and it’s refreshing to see someone who hasn’t seen the channel but is self aware of how the little things add up without trying to overly justify BS spending. I have high hopes for the rest of the episode and her future.
@@LeanIntoLearning notice how this comment has over 300 likes and you have none
@@tracym8952yes most people aren’t smart and don’t finish the video. Imagine saying she is self aware and you have high hopes when she doesn’t mention 200k debt until the end. Lol feeling based generation wonder why they fail
@@joesmith3590I don't know what they were watching, hilarious take, poignant rebuttal.
She's going to have a heck of a time with the student debt, but I've got faith that she'll clean up the other debts. She's extremely optimistic and has a great attitude about it all.
Lol at "the little things" $200k in college loan debt ain't little
I like this woman ALOT, wish her the absolute best
What women?
Clown @@IceBioshock
@@Tunechi65 no, a woman has a vagina, a man has a penis, thats it
AND ITS NOT MANIFACTURED!!
I really like how Yaya brings honesty to the table and doesn't make excuses. She's been through it and like a lot of us, Yaya is more interested in a different financial perspective to help her along the way! I hope she does well and keeps that fire burning!
Super appreciative of this video. Great dynamic. Looking forward to a follow up 👌🏽
She's a breath of fresh air compared to the last couple.
I would disagree when you threw 200k out in the last 5 min
She made excuses throughout the whole video. Did we watch the same audit?
@@DarthTheron I feel the same way
Her maturity compared to most other guests is refreshing
I would hope so, she's almost 50
Really?
What maturity? She's painted herself into a corner. She's 50! An unexpected illness or crisis would bring her down in an instant. She needs to make amends with family and go after her deadbeat husband for child support.
@@melvapryor9868noone in an abusive situation as severe as hers goes for child support. Father will always have a way to contact u that way, to even suggest that is insanely stupid
Yaya is definitely one of my favourite guests you’ve had on! Her ability to own up to her bad spending habits will help her to break them. Thank you for making these videos Caleb, sharing financial literacy is so important!
What? At almost 50, 2 toddlers out of wedlock and huge debt? She will NEVER pay that back forcing the tax payers to suck it up. Horrible. She will,be 65 expecting her kids to take care of her in her old age which is a terrible thing to do to your kids. No husband, no planning, no future. She’s a pos who will live off her kids. Awful
It's interesting to watch the various personalities and attitudes. This woman is smart and will dig out.
Caleb, because of you I’ve managed to to save over 13k in savings now.
WOOO
Well done 👏🏼👏🏼
@@JohnwesleyA thanks! Now I’m saving for an apartment hopefully i can get it in the next 2 years or so.
@@REXae86 keep going your doing amazing
Nice! Planning to invest with it or just saving for an emergency fund?
Caleb, I closed all of my accounts with Bank of America today. My savings account was yielding 0.025% interest and i didn't even notice until I saw your show. I told the sorry BOA banker all about your channel and about how I'll now be making 250x their interest at SOFI from now on. Even my new checking account is making more money than their savings account. I took my cashiers check and walked out the door feeling like a million bucks.
Thank you Caleb for these videos. I started watching about 6 weeks ago. Had close to $200 in the bank and was living like that for the last 6 years, now I have 3k. It’s not a lot but it’s something and it’s better than where I was. You’re a legend love and respect from Down Under 🇦🇺
Respectttt!!! You gooooo build that emergency fund🎉
As a fellow Aussie congrats.🎉 Since watching him I can only shop at aldi because Woolies is getting outa control 😂
I feel bad for Aussie's. The government runs your lives.
@@kianadarkwell2347 Thank you! I hope you stay on a good path too 🎉 Well for me my taquitos were Tim tams and cokes. Aldi is so good but even the little more unknown shops that just sell fruits or meats or veggies can be even cheaper. I go to a local fruit shop and their probably half the price of Aldi, but it’s only fruit so there’s more driving trips potentially involved unless it’s all at the one place then just walk shop to shop.
@@TarHeeler42-nf2ndNope it's actually pretty good not to have the number 1 source of bankruptcy being medical bills, college loans that have no interest, or the fact that our college tuition is very manageable, no mass shootings, no open air drug markets. Unlike the USA the freedom country with the 6th highest incarceration rate in the world, twice the rate than the Russian dictatorship 😅
Caleb I just paid off $132,000 in student loans and I just want to say thank you for all that you do. I was focused before I found you, but watching you, Dave Ramsey, and The Money Guys has helped keep me focused. Keep doing what you’re doing 🎉
You’re a bot
Congrats!!!
Congratulations!! How did you manage that?
now go save that amount to get you ahead
@@danielredziniak2996 lol what 😂
Brilliant insights! Your video has given me a fresh perspective on investment opportunities. I love how you simplify complex concepts and make them accessible to everyone. Your passion for investing shines through, and I can't wait to apply your strategiesDo you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
Interesting you mentioned Mr Joel's Milner, he is the best and his strategies works like magic. I've been making over 80% of my investment weekly since I started investing with his trading service
Flag these scumbags
Listen, the fact she ACTUALLY takes responsibility, shows me she is going to be an awesome therapist
She takes responsibility for her mistakes because she is much older than most people on Caleb's show. A different generation. Most of Caleb's guests are in their early 20s and seem constitutionally incapable of admitting that they make errors or take any responsibility for them.
Just started and she makes a strong point around coming from a country without a credit system. Me and my parents came from the Caribbean, and it’s like a shock to the system being able to actually get things you need and want without having to wait months to a year. Took us a while to adapt and we are still in the early stages of that and your finically audits have done a lot to help.
I’ve always wanted to do something to educate ppl coming from similar cultures in how to improve their financial well being
Make a RUclips budget channel. I am sure there are many Caribbean ladies and gentlemen that would love to see how you budget, hear your story and be inspired! ❤
Same. Im from the Caribbean too. Tiny island. And its so interesting watching the whole concept of credit history and how it can prevent people from like renting or something.
Haha, leave me on my lil dot.
@@mystic0screamscredit is only a problem if you’re a moron and spend money you can’t pay back
West Africa they have the Susa or sou-sou system. Look it up lad! In West Africa it is extended family support system.
I can understand how the cultural change of living in America could be an issue for her.
You seem like a very good mom already. Don’t be too harsh on yourself for not buying things, you already providing a stable and calm living environment and that in itself is priceless for their upbringing.
Yes! The kids won’t care about all the things later on in life. They’ll care about security and love ❤
I also have a 4 year old by myself, and there's no shortage of toys, seriously garage sales and goodwill etc, and on top of that people give free toys away for free all the time. Barely spent money on anything and he has more toys etc than he knows what to do with.
My heart goes to the entire community for PbatesLTD building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish
Whenever I feel like making an unnecessary purchase, I picture Caleb in my head yelling at me in his squeaky voice LMAO
🤣🤣🤣
WHY POSSIBLE?!!!!!!!
I just hear TAQUITOS! TAQUITOS! TAQUITOS! I use it as a metaphor for shit I don’t need that I want 😂😂
I would LOVE to see a follow up on this situation. Not only is she super self aware and makes no crazy excuses, I can't wait to see her get out of this debt (strong feeling she will)
She made every excuse in the book what interview did you hear?
Would love to hear Caleb ask the guest at the end: "So what are the first 3 actions/steps you will take to improve your finances now that you have been through this audit?" Would be so revealing - of their understanding and their willingness to change - to hear their restatement and summary of his advice in this way.
That's a great question for anyone getting started to ask themselves. It keeps things doable and streamlined when there are SO MANY things to do.
Because he cant...he's not allowed to give financial advice and pretty sure he's not allowed to audit. It's a review of debt and spending then how he would personally budget
@@ashleigh9659yes he can ask that. Are they going to stop the taquitos and put that money towa é d debt? Stop with Amazon and fund their kid's 529c? Food prep and use the savings to start their emergency fund?
I went to a dual enrollment highschool full of know-it-alls and my teachers leaned right into the idea that we should all get into the ivy league. I was basically scoffed at by one teacher for choosing to stay in state (at a school that had a fantastic program for what I wanted to do btw). I am so glad that 17-year-old me saw right through the BS. I got my degree with a scholarship and I am doing my dream job debt free.
there's lots of funding at Ivies. that being said, not getting into one isn't a big deal. you could have gotten in and hated it.
@@jones22771) nobody said this person didn’t get in. I got in to better private schools than the state school I went to, but it was a much better decision 2) just because there’s “a lot” of funding overall, what percentage is it relative to the tuition, housing cost, and other common expenses? One of the private schools I got into gave me an immediate scholarship of $26K, which is nowhere near the amount I got at the state university. But the tuition was also $40K and required on campus housing for the first 2 years (an extra 10k a year). The extra funding means nothing if its quite a bit less than tuition. I was even at a final interview level for a full ride scholarship to that private university. But again, the required housing (not covered by scholarship) was equal to the state tuition. I had scholarships to lower the state tuition so that still made more sense
I went to a regular public high school and one of my 30-something year old teacher was trying to convince me to go to the more expensive private university when I stated that I was having a hard time choosing due to finances. Shes like “theyll give you student loans you’ll be fine! I’m still paying mine off!”
If you are a professional (MD, STEM PhD, JD), an Ivy league degree makes the difference between 150k yr and 500k+ a year. For any other fields or lesser degrees, you are right, better not to take the debt.
You sound bitter and like an under performer. Plenty people go ivy league without debt; scholarships and hardwork is universal. Do what you want and can afford and stop downplaying other’s path because you couldnt compete.
Many wealthy individuals maintain their wealth by adopting frugal spending habits similar to those of the less affluent. They also prioritize continuous investment, whereas some poorer individuals tend to spend extravagantly without focusing on long-term investments, often attempting to impress those who are already wealthy.
You're absolutely right! Many people tend to lean towards spending money on things that don't generate income, like liabilities, rather than investing in assets that can bring in profits. It's important to understand the long-term benefits of investing in assets and making wise financial decisions.
Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!
I'm happy to see Everett Gary Oliver mentioned, She is recognized worldwide, my neighbor recommended her to me after investing £45000 and She has been a blessing to us
I'm from Canada and I am currently on a weekly profit of $21,000 . I bless the day I invested with everett gary oliver
This is one of my top financial audit ever! She was awesome! Please have more 40 and 50 year olds on your show. The 20 year olds are just missing out on some compound interest, they’ll get it together, but it’s interesting to see how a 40 or 50 year old can recover.
200k student debt for a career that averages 50k per year is not a great return on investment......
I love that one hour in we find out that she has $200k+ of student loans on a $56k salary in addition to everything else. She's choosing to ignore them. I'm not American but it completely blows my mind. No way she's retiring.
There's a very real possibility it will be forgiven in the repayment program she is in.
It sickens me. Do everything right and get screwed. Be a loser and get a handout.
@@JohnFraser-zc8cuThose programs are incredibly hard to qualify. It’s 10 years of perfect payments and specific employment parameters. Very few people are actually successful. I hope she succeeds tho.
@@lot2196💯
The house is a tooooootal pipe dream.
This one is tough… the student loans of $200k+ is killer. My stomach turned hearing the the balance
I swing SO hard on these episodes either being soothing to my soul because I'm doing pretty alright OR "Oh my god, this is me, I'm going to die on the Walmart floor". There is no in between.
Having the change in demographic was a breath of fresh air. Thanks for the audit; any chance to see some people who are successful in their budgets and savings?
What would I help them with?
@@CalebHammer taking your money to the next level? I think there is always room for improvement, taking steps towards financial freedom?
@@CalebHammer taking your money to the next level? I think there is always room for improvement, taking steps towards financial freedom?
@@CalebHammerShowing the audience a GOOD financial example! We see the endless mess ups brought on the show the ratings are usually for financial scores always so low, why not let us see the other side where we see good examples of what TO do and how!
@@CalebHammeroptimization, also would be interesting for viewers, maybe give hope to those at home. I hear often that everyone that is successful is just a privileged person, show some self-made success stories. Sprinkled throughout, I understand your top goal is helping those with severe financial problems.
Just wanted to say the addition of a running total to the screen on the total debts is a really nice change!
This comment needs to go to the top
59:45 that BOOM... oh man. Just to bring up 200K+ in student loans at the end (and you can tell it's a lowball number). That look on Calebs face is priceless.
Firm believer that instead of student loan forgiveness we make interest really low like 2% or less.
This is one of my favourite episodes in a while! She was so honest and open, and doesn't see herself as a victim despite having been through a lot. I am rooting for this woman, I think she can do it!! :)
lol. So honest she doesn’t mention 200k debt.
@@joesmith3590 touché 😅😅😅
Thanks PbatesLTD ! for keeping us financially Educated! Regardless of how Bad it gets or the economy, I still make over $22,000 every single week
What a breath of fresh air this guest was. WOW! I loved learning of her story, experience, and how she manages being a single mom. I'm blown away at her strength and courage to come on this show. She is very coachable.
I worked with a 60+ year and women this year at Family Dollar in Oklahoma before I found your videos/channel… and let me tell you I made me realize how bad her situation really was… her phone broke and she couldn’t afford to get it fixed or a new one, couldn’t afford toilet paper at one point, car was on the brink of breaking down and blowing up
As someone who works in a University Bursar office, I see the insane amount of unnecessary student debt that people take on to fund their entire living expense for the duration of their college experience, and it scares the hell out of me. Seeing $10,000 worth of loan refunds each term being refunded to 18 and 19 year olds, after their expenses have been paid makes me sweat. I hope that more people can learn from other's mistakes by watching these videos. I subscribed back when the show was still under 50k, and the information/lessons gained from this program has helped me fine tune my financials for the better.
I had a roommate like that. She didn't want to work through college so she would rack up CC debt then max out student loans to pay off the CC. Last time I talked to them they were at $100k in student loans and they still had a year left. I took of $21k for the same degree.
I worked part time all through college, part time during school and full time in the summer. I lived off my earnings. I applied for every scholarship under the sun, I had grants, and a small loan. After leaving school, it took two jobs and five years but I paid my student loans in full. I lived like a miser
@@carlariggs525same! No regrets. Cheers!
@@Amandy36 even $21k seems insane to me, tbh.
@@carlariggs525 well done. That does not sound like an easy life - particularly if after all that you lived like a miser and still have to work two jobs for five years to pay things off. The world is broken! I'm in the UK and I think if I had it all to do over I'd do an Apprenticeship degree and just skip the regular uni experience altogether. That way my employer would pay for my education in full and I'd spend the time making a wage with a degree after a few years down the line and no debt.
She was so concerned about closing her accounts affecting her credit score but couldnt even tell you what her score was. Cut ALL the cards lady!! ✂️💳
Great video, Caleb. We need more grown *ss adults on the show. Gimme 40 and 50 year olds all day.
I had to step away from Caleb for awhile because they were basically bringing on rage-bait, and no one really learns from that. This is one where he was actually educating someone on how credit scores work and how to budget, etc. More this please.
I appreciate Yaya's transparency, she is 47 so really no time for bs. she has a short window to turn it around to be debt free and build up net worth. Hope she takes Caleb's advice and run's with it. thanks for sharing.
Transparency? She waited to the end to reveal the 200K...
@@joe5544g yeah, she lives in denial. Maybe it's a trauma response.
She reminds me A LOT of my mom. The fact that she is recognizing she messed up is something my mom will never realize though.
You have been tricked if you think this womans habits will change, she is the most ratchet woman ever.
Your moms a dude? Oh lord
Proof that higher education doesn’t automatically mean you’re gonna be living the high life. Yaya, you’re gonna get through this. You are so strong and seem like an amazing mother. Your life will be so different in 5-10 years ♥️
Strong. What? A, oat 50, decides to be a single mother, in huge debt with zero way to get out. Poor decisions everywhere. Caleb even said- still. Among bad decisions. Her kids will end up finding her retirement which is a terrible thing to do to your kids. Awful, typical single mother.
@@dcg590I see your point, but deciding to be a single mother compared to being beat down all the time? Seems pretty clear
Yaya is STRONG and you can tell she’s really willing to learn versus making excuses. We’re rooting for you Yaya!!
Hey Caleb, I told my parents a lot about your channel, and they watched this video with me even though they barely speak English (we are Greeks living in Germany). They were amazed by your vast knowledge and financial literacy, were eager to get translations of what you explained to Yaya, and see the great value you provide to the people around you through the Financial Audits themselves and uploading them to RUclips. Keep up the good work and lots of love from Germany ❤
Caleb’s face when he heard about the student loans was crazy, what an insane twist to the video.
I liked her self-awareness and I wish her the best
This is one of my favorite channel. It always makes my week complete! ? Despite the economic downturn, I still manage to earn $25,000 weekly from my investment of $3,500 ..God bless PbatesLTD
This kind of situation should terrify young people who want to go into huge amounts of debt. She has about 15 years before she should be retiring and still has a quarter mil in debt to make less than 45k. She would need to contribute most of her income into her retirement fund at this age in order to retire comfortably. This episode gave me second hand anxiety even though I have no debts and will have a DB pension.
And she has 2 young children who are going to cost a fortune over the next 20 years
I love this and I love you Caleb. I gotta say it though. Dropping the F.U. to someone your elder is kind of cringe. I don't think it sets a good example of how people should talk to each other respectfully. But that's just how I was brought up. Just my thoughts. Here's to your 1 million subs though! Keep rocking it!
@@gerardomorales4078 Caleb doesn't know how to converse with others without cursing at them. He's still young and there are things he can learn too.
@@gerardomorales4078if someone who is flat broke with maxed out credit cards starts talking about buying a house I think it would be disrespectful not hit them with the F U
@@dylanfogarty2771 It is appropriate to rein in behavior depending on who is being addressed.
I've been watching for about a year now, and my husband and I have remained consumer-debt free, I've paid off over $12,000 of my grad-school student loans, almost maxed out my Roth IRA for 2023, and have built up a sizeable emergency fund- all inspired by this channel. Thank you Caleb for your regularity and inspiring so many of us to get our sh*t together!
I did not believe that after the whole FTX drama there's any good to get this year but PbatesLTD proved otherwise. Bad timing maybe but it's a great adoption to get this more to the mainstream and raise awareness. Probably a high contender for a top 100 growth
She is one of the most accountable and relatable guests he has had on the show
My question is, she was married 6 years that ended 2022, has 2 kids within that time.. what the fuck was she doing before this marriage where she went to 200k school, because you can't get accepted that late in life to a school that costs that much so she clearly went to school a long time ago, but yet needs another certification to make good money, why doesn't her 200k education qualify her for a good paying job??
The field she wants to work in counseling doesn’t make a lot without being licensed.
I work in accounting at a big place downtown Austin. I have definitely processed a lot of payroll for employees with garnishments for federal student loans. The government wants their money back and they have the means to get it. I think Yaya will make, she is super determined and not opposed to working more than one job. Definitely cancel those cards!
He's absolutely right about what happens when people get extra cash and they haven't learned the valuable lessons. We saw it during the 3.5-year student debt payment freeze. People didn't take advantage of it and pay off the debt interest free. They used the freed up cash to go into debt elsewhere and ended up in an even worse position, because now the student debt payments are due again and it's another payment on top of other payments they took on during the freeze. Stupid on stupid.
And those same people want YOU to pay for their decisions
So true!
@@JoseFlores-xh5cj Bingo. I’m 100% opposed to it.
I think you’re forgetting the circumstances surrounding that freeze… there was a major pandemic that caused financial emergencies for millions of people, it’s so unreasonable to expect people to take advantage of zero interest when they can barely make enough to survive
@@handimanni5459but the point of the freeze is to free up a few hundred dollars a month to go towards necessities. And maybe for a year or so some people lost jobs but that means theyve had over a year to recover and should repay whatever they needed to spend from credit cards for necessities. Its enough time for most situations to at least be in a similar place. Not worse
Sadly she wont be buying a home in 2025 more like 2040
This person should not become a mental health counselor. Her own life needs a lot of overhaul both financial through a financial advisor and emotional through therapy. Her kids are going to be on the hook to subsidize her retirement.
Morning peeps. Let’s not go out and blow a bunch of money this week. You got this!! 😊👌
I think I speak for almost everyone here when I say we love Yaya and want her back on in the future with an update ❤
these weekly videos make me think about everything i purchase, making my way out of debt!
You can do it!
love you Caleb, i would love to come on! @@CalebHammer
Seriously! I think about everything I purchase when I think I want something crazy I hear Caleb voice in my head saying you don’t need that!
To all black women approaching 40, please be careful who you marry. She admitted that she wasn't the best financially. However, by marrying her husband things went down hill. Pay attention to the red flags. I wonder did he have a job when they met. You are not build a bear workshop.
😂😂😂😂
That line wins today, “You are not a Build A Bear workshop.” 😭
13:31 - Caleb many times in DV situations and even stalking the police do nothing until it’s too late. The victim shows physical signs then they jump in. It’s sad .
Or can’t. The amount of evidence you need to make an arrest in those cases tends to be way too high.
In TX, a protective order also only lasts 24 months. I know bc I have an abusive ex and could not get help. Smdh
I am 43 years old and I just LOVED listening to this episode. I'm definitely in a way different situation than she is but it's nice to hear someone's financial situation that is in the same age bracket as I am. I love all of your videos, Caleb!
I'm 41 and in a slightly different situation, but yes love hearing other people in our age bracket
I hope there will be more shows with people 35-45. It's often the turning point for many people when they realize there are very real consequences for low financial literacy. I see a lot of young 20s on here that of course have a hard time connecting with what is being said because the consequences are all theoretical at that point.
I’m rooting for Yaya’s future. I hope she can land another job to tackle that debt!
It might help if she could find another single mom to room together to split the rent and share kid care so she could work part time in the evenings doing doordash or tutoring after school kids at her home.
Best episode I've seen in a while. Revitalized the fire under my butt. She's obviously working hard, but there's always room for us to work harder. Thank you Caleb, Thank you Yaya
The problem with many people is they are factoring in money they may get in the future instead of dealing with what is now
I love when you have mature guests on the show ! Gives a different perspective.
It almost seems like a lot of the guests pride themselves on keeping their grocery bill down when they spend so much eating out. It's counter intuitive but spending more at the grocery store is a way to reduce spending on food. As long as you actually eat it and dont let it spoil in the fridge while you're getting fast food every day
Weird to be this early, excited to start my week right
The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are headed for hyperinflation,it is always the poor who take the hit.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
That's right because It's no longer a story that the world is experiencing a global economic downturn, I'm so happy that I've been receiving $64,000 from my $15,000 investment.
So much pain in my heart due to so many debts. How can I go about it!! would really appreciate it, if you show me how to go about it. Please what crypto should I buy, how can I do it?
How can I get in touch with her, I'm in need of her assistance
I'm Canadian, how can I get in touch with Mrs Tara Elizabeth Stewart?
4:58 “well, you’re like 12” Yaya the savage! 😂
She mentioned it very briefly, but it’s been something I just had to deal with two weeks ago with my father and is a bit of advice I’d like to share to any parents out there. You can prepay your funeral arrangements. Each year the price of funerals increases, so it can lock in the lower price. Also, if a nursing home is ever involved, it’s money that they cannot touch, because there are situations that can arise where the child has to pay entirely for the parents funeral because their funds have run out. On top of the financial side of it, it’s just one less thing they have to worry about when the time comes.
yep, my entire family does this. Im prepaying mine already and its like $7/ month. It makes a huge difference when someone passes!!
Yes and let me add that they should also have on file at the funeral home their obituary info up to that date. My mom prepaid but we had to stress over dates and what she’d like in her obit. Please write that for your family. They can finish it but those early years are the hardest.
@@tmusa2002 Thankfully my mother knew a bunch of the specific details about my dad. He passed on the 21st and after we met with the funeral director I asked her to write down all the answers to the questions he asked us but regarding her so I would know.
@@adamaumiller1144 Yes, perfect! My mom had filled out a worksheet but it was so vague. For example, her work history wasn’t there and we didn’t know it all. We could have noted that she worked for X for X number of years but we didn’t know the specifics and it was pretty sad actually. I’m sorry for your loss.
@@tmusa2002 Thank you and same, I’m sorry for your loss as well.
She is like a lot of people, incredibly misinformed on how credit rating works and it's uses.
Misinformed about a great many things in the financial world. Ignorance can be very costly.
Dude she has 200k student debt for a while she understands it fine she just isn’t responsible
And or banking on other people paying her student loans
Unless her kids father was beating the crap out of her everyday she shouldn't have left. Based on her spending habits I don't believe her account of her ex .
Started watching this channel last year. I've now cleared my CC debt of 6k and my entire car loan. This channel completely shifted both me and my friend's financial thinking. Thanks!!!
this is why single parents with children NEED to go after the other parent for child support. Also $750/mo for groceries sounds like ALOT. She could probably get away with $500 or less for just her and 2 young kids TBH
I wonder if he still is working / everything leading to the restraining order making it too dangerous to get in contact
@@twlight9000 legally you gotta get the ball rolling asap. Many women simply don't. I've seen it first hand in my immediate family then they go through life struggling because they were too hard headed to get that 💰
Caleb: "I'm going to be more lenient on you because you haven't seen the show"
Instead of getting loud high pitched, he goes softer squeaky voice. 😂
I like this person. Good for her for trying to be flexible and level headed and ready to fix this.
Seeing your face every time she talks about the “mystery money” is making me laugh so hard though 😂😂
Edit: made this comment before the student loan stuff came up. So this woman has a MASTERS DEGREE and wants to be a COUNSELOR?!?!??? Not even a therapist?! I am just. wtf?! 200k in student loans and you aimed so low in life 😭😭😭. WHYYYYY???!
she has $200k in student debt at age 47, there ain't no fixing her situation.
You have to have a masters to be a therapist lol
Thank you for being there Pbatesltd when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.
This was a GREAT episode! I love that she’s never watched the show and I also love that she’s over 40. I can relate to her money issues.
It breaks my heart to see after budgeting the end amount each month is ~($-200) plus an additional $200K+ of Student Loan Debt I don't see her digging out at any point.
I literally gasped!
This lady has zero chance. Having kids with the wrong guy literally ended her financially.
Doubt she'll qualify for any mortgage to boot, with $200,000 plus of federal student loan debt. If she cant pay that, will a bank trust her to pay back a mortgage?
I didn’t see her car payment in the budget either
Sell her car and wipe the debt
Choose your partner carefully. If her partner would have been a normal contributing member of society, they'd probably be in a much better situation or at least could be. Imagine double the income, kid help, etc...
Oops! Forgot to mention $200k in student loans! That pretty much says it all right there.
I live for the close ups on Caleb’s face when he hears something he doesn’t like 😂
When he heard the student loan amount at one hour in😂
I wish nothing but the best for you and your children Yaya! Get that certification and license. I'm rooting for you ❤
Amazing guest personality. Sadly, she had literally no clue how big a sh!t show her finances are, no clue. I can see having no budget but she didn’t even know she was running on a shortfall. I hope she finds a way. When those student loans kick in, oh my. Definitely one where an update would be riveting.
The credit utilization and increases can be scary. Like my one bank just ups the limit and then I have to call them to reduce it.
I’ve done great the last 2 years at being a credit card person but having 20k available is scary cause if I did rack it up I could never pay it off. I’m being anal on paying it off every month and no interest in 2 years :)
As a lawyer, there’s no way around racking up all these student loans in law school. Yes you get better jobs coming out of school BUT those loans are accruing interest and it’s gigantic to tackle. Whole system is broken.
Study abroad. It's still cheaper as an exchange student
She's unaware of gas/fuel expenses happening? Has she checked that her credit card hasn't been skimmed and is being used by an unknown person?
She finally realized those were stops for energy drinks