Many of my most popular Financial Audits involve people who made terrible financial decisions like:
- Buying a 2018 Dodge Charger just after filing for bankruptcy
- Getting locked into monthly timeshare payments for 3 years (adding up to $5,600)
- Having $64,000 in car debt at 20 years old for a second car
But here’s what’s interesting…
While some people will die on the Walmart floor for a new car, house, McNugs, or timeshare…
Others sign their bank accounts away for smaller purchases that add up…
Like F**KING TAQUITOS (gas station food and snacks), feel-good purchases they can’t afford, and even regular bills like your phone bill. DEATHHH!
In the moment, these purchases don’t seem like much.
After all, what’s a $5 coffee from Starbucks going to do to your finances? Or a $8 meal from McDees? It might give you the poos, but maybe that’s all it feels like in the moment.
You might just tell yourself:
“I’ll worry about it later.”
(Except for the poos, they come right away.)
And you probably do once when it’s time to pay your bills.
But when was the last time you went through your expenses and looked at how much you spent?
I bet you’ll find:
- Charges you don’t remember paying (derp)
- Subscriptions you don’t remember you had (DERP)
- Yourself overpaying for simple services (DERRRPPPPP)
And I CAN ALMOST PROMISE YOU that there are plenty of things you buy that you don’t need or can find a way to spend less on.
“But Kaleb, I almost don’t spend my money on anything. I live really frugally.”
BS.
If you went through your statements like I do in a Financial Audit, you’d find a way to spend less…
And saving so much more that you can put towards your financial goals…
Like paying off debt, investing, or putting away an emergency fund.
Because that’s all this is about:
Helping you reach your motherf****** goals… before it’s too late.
After all, we’re all getting older one day at a time.
If you currently have debt, you’re accumulating more debt from interest.
If you currently have investments, you’re accumulating more money from growth.
Or losing it all in crypto (SUPER DERP).
Either way, you’re always moving forwards or backwards.
And if you’re not moving at all, you’re going backwards.
So go through your monthly statements this month.
If you want to be extra responsible, keep track of what you’re spending.
That way, you’ll learn what you’re spending your money on…
And be one step closer to being responsible with your money.
(Or just don’t be a dumb.)
Taquitos,
Kaleb Hammer
