Caleb Hammer

But what a lot of people suggest is 50, 30, 20, 50% on needs, 30% on wants because you want to be able to live. What's the point of being here if we're not having fun? And then 20% to investing. So it's still the smallest percentage.

But what a lot of people suggest is 50, 30, 20, 50% on needs, 30% on wants because you want to be able to live. What's the point of being here if we're not having fun? And then 20% to investing. So it's still the smallest percentage.

Well, a couple of qualifications. Like what would you say the interest rate of the debt is and what is the debt?

Well, a couple of qualifications. Like what would you say the interest rate of the debt is and what is the debt?

Well, a couple of qualifications. Like what would you say the interest rate of the debt is and what is the debt?

Yeah, absolutely. Debt immediately. Because one, it's probably not even an asset. Like at least a car is an asset even if it's a depreciating one. But let's just say it's a credit card or a private student loan. That's not going to benefit anything at that point. Got it. So pay that off. And then the other question is there's also the third category. Do you have an emergency fund?

Yeah, absolutely. Debt immediately. Because one, it's probably not even an asset. Like at least a car is an asset even if it's a depreciating one. But let's just say it's a credit card or a private student loan. That's not going to benefit anything at that point. Got it. So pay that off. And then the other question is there's also the third category. Do you have an emergency fund?

Yeah, absolutely. Debt immediately. Because one, it's probably not even an asset. Like at least a car is an asset even if it's a depreciating one. But let's just say it's a credit card or a private student loan. That's not going to benefit anything at that point. Got it. So pay that off. And then the other question is there's also the third category. Do you have an emergency fund?

If you don't have an emergency fund, then at that point we're still funding the emergency fund over investing because you need to protect yourself in case of the rainy day. And the rainy day always comes.

If you don't have an emergency fund, then at that point we're still funding the emergency fund over investing because you need to protect yourself in case of the rainy day. And the rainy day always comes.

If you don't have an emergency fund, then at that point we're still funding the emergency fund over investing because you need to protect yourself in case of the rainy day. And the rainy day always comes.

Best thing you're going to get if you're just buying into the overall U.S. stock market is an 8% return averaged out. Because that's what it's been all up years, down years since the beginning. It's been 8%. So if you have 15% debt, you're just not making the difference.

Best thing you're going to get if you're just buying into the overall U.S. stock market is an 8% return averaged out. Because that's what it's been all up years, down years since the beginning. It's been 8%. So if you have 15% debt, you're just not making the difference.

Best thing you're going to get if you're just buying into the overall U.S. stock market is an 8% return averaged out. Because that's what it's been all up years, down years since the beginning. It's been 8%. So if you have 15% debt, you're just not making the difference.

Yeah, it can be college. People just do college in a really stupid way, though. People go to the dream school that has the sports team they want for the major that doesn't make money. So it's not that college is the bad thing. You can do it the right way. Get your gen eds out of the way at a community college. Something, you know, ACC here is super cheap.

Yeah, it can be college. People just do college in a really stupid way, though. People go to the dream school that has the sports team they want for the major that doesn't make money. So it's not that college is the bad thing. You can do it the right way. Get your gen eds out of the way at a community college. Something, you know, ACC here is super cheap.

Yeah, it can be college. People just do college in a really stupid way, though. People go to the dream school that has the sports team they want for the major that doesn't make money. So it's not that college is the bad thing. You can do it the right way. Get your gen eds out of the way at a community college. Something, you know, ACC here is super cheap.

You can go for a couple hundred bucks a semester and get some credits.

You can go for a couple hundred bucks a semester and get some credits.

You can go for a couple hundred bucks a semester and get some credits.