"You Can't Afford A Boat, You're Broke!"

[music] Brought to you by the Every Dollar app. Start budgeting for free today. >> How do I even start the baby steps when I am absolutely drowning and even trying to get caught up on my bills? >> Well, getting caught up would be the first step before you start the baby steps. You're right. You're you're on to something there. So, why are you drowning? Um, I actually had some health issues over the past year. >> Um, that I'm I've missed so much work. I've had to find another job of cuz I believe my last job was killing me and that required a pay cut and I'm working from home now and it's just getting caught back up. >> Okay. Well, you got the exact wrong solution for being behind on your bills, taking a pay cut. We want to go the other way. So, what in the world? What's wrong with your health? >> Um, well, I my job was very unsteady where I was at. And they working from home to being pulled back into the office and I just started having a bunch of anxiety attacks. And >> working in the office caused anxiety. It was I the people I was around and then they started doing layoffs and it was just a very stressful situation. >> Okay. What were you doing? >> Um I do medical billing. My job is not hard. >> Okay. So that's what you were doing at the other place. >> Correct. And that's >> And what were you being what were you being paid? Um, I was being paid around um, 45. It wasn't a huge pay cut. I'm at about 40,000 now. >> Okay. And how much debt do you have? >> Um, I have about 120,000 without mortgage. >> Okay. And what's that on? >> Um, 6,000 is about my medical debt. um 14,687 for um a boat. I have student loans and about that's about 10,000. We have a truck that's 37 thou well it's about 38,000 and then I have a Jeep that's about 41,000. >> Mhm. >> Um I have credit >> You just said we What's your husband make? Um, he makes about 70,000. >> Okay. So, you have $110,000 income currently. >> All right. And you got a Jeep, a truck, a boat. >> Yes, sir. >> And then is what else was it? Student loan and a medical debt. And what else? >> And two credit cards. And that's about 2,000. >> Okay. >> And we do have um IRS debt. Well, my husband does, so I say we. And I think that's probably about 8,000. >> Mhm. Okay. All right. Yeah. Okay. But so your $5,000 pay cut didn't really cause you any trouble. It's all your overspending that's caused you trouble. >> And I can agree to that. >> Yeah. So, uh, you're not going to like me. >> Meet Every Dollar Budgeters Christy and Steve. Their life is chaotic, but their money is simple because they budget with every dollar. >> Budgeting with the spreadsheet took a ton of time, >> but now with every dollar, I can do a budget in 5 minutes. >> And tracking purchases is just as simple. >> It's so freeing to know exactly where your money is going. >> It just takes that stress out of the day-to-day life. >> You got this, Hanigan family. Every [music] dollar. Create your free account today. >> You're not going to like me. Shell the truck. Sell the jeep. Sell the boat. >> Okay. >> Oh, I'm starting to get my life back now. >> Mhm. >> I mean, you'd clear the majority of your debt if you did that. What stopped you guys thus far from getting rid of these things that are crushing you? >> I will say the boat. That is all we do is >> I don't care. >> I think you should be working instead of boating. You're calling me talking about you're so stressed out you can't breathe and you're $120,000 in debt. You can't afford a boat. You're broke. >> Go to the park and throw a Frisbee. >> Yeah. >> You're not going to do any of this, are you? You're not really ready. You're not really in enough pain to fix this. You just You want an easy button. I don't have one, honey. The only button I got is the one that'll work. I love you enough to tell you the truth. And the truth is you got to sell this crap. You've been spending like you're in Congress and you're rationalizing and justifying and rationalizing and justifying and only when you look up and go, "I caused this and I can fix this." Are you going to be able to fix it? I can tell from the tone of your voice, you're not going to do any of it. So, when you're ready to be helped, we can help you. And we love you and we'll try to help you. But we're not going to tell you what you want to hear. We're going to tell you what really helps. And so, we're we're really not known for telling telling people making people feel good. That's not the point. We want you to feel good in 10 years from now. Not today. Today, I want you to h have pain so that you can get free of this trashy life you have. Your life sucks. You make $110,000 in Columbia, South Carolina, and you gave up a job because of anxiety at the office. And really the anxiety was at home sitting in the driveway with a boat and a jeep and a truck. That's where it was. So yeah, you you just got a bunch of crap you can't afford. You you're living like, you know, you're spending like you got money and you don't have any money. I'm sorry, honey, but we can help you when you're ready to do that, but you're going to have to amputate some crap and that'll give you your life back. Until you're ready to do that though, there I don't have an easy button for you. I can't help you. Create your free every dollar budget today.