She Needs To Divorce Him | Financial Audit

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Financial Audit 1h 31m 2 speakers 8 chapters transcribed 1 hour ago
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Why is Jamie considering leaving her fiancé after years of yelling and abuse?

Caleb Hammer 0:00
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Jamie 0:03
I'm tired of the yelling. I'm tired of
Caleb Hammer 0:06
the abuse. Screaming, throwing things at children, banging things around, making holes in the wall. That is not okay.
Jamie 0:13
My kids have definitely suffered a lot.
Caleb Hammer 0:16
And you're fully acknowledging right now that you abuse her.
Michael 0:19
If yelling and throwing stuff, yeah.
Caleb Hammer 0:22
We don't around with kids.
Michael 0:23
Yes, sir. I try not to, but-
Caleb Hammer 0:25
Yes, sir! you, yes, sir! Don't yes, sir me, you pathetic rat! Leave him. Leave him. Aren't you sick of wondering where your money is going? That ends today. The new Dollar Wise is live on your phone and now on the web as well. And to celebrate the web launch, we're giving you 20% off 12 months of Dollar Wise, normally $99.99 for only $79.99. Feeling competitive? The referral games are live. Refer a friend, earn real money, and maybe win a trip to visit me here in the studio. But hurry, this deal won't last forever. Click the link in the description below and see the new Dollar Wise for yourself. I want you to be on the next episode of Financial Audit right here in Austin, Texas. If you think you have interesting finances with an interesting personality or a story or a life or relationship, I will personally pay you to take time off of work, fly you down to Austin, get you personal transportation, a hotel, food, and we'll have a great time hanging out.
Caleb Hammer 1:24
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Jamie 1:28
Hi, I'm Jamie, I'm
Michael 1:29
26. I'm Michael. I'm 26, somewhere from St. Mary's County, Maryland.
Jamie 1:32
And this is Financial Audit.
Caleb Hammer 1:35
Thanks for coming down to Austin, guys. Really nice to meet you. Jamie, as always, starting with the one in front of me, what do you do for a living up there?
Jamie 1:42
I am
Caleb Hammer 1:42
a medical
Jamie 1:43
assistant.
Caleb Hammer 1:43
Sure. What are you assisting?
Jamie 1:45
I work in primary care currently. Okay.
Caleb Hammer 1:48
Well, probably not as much money, but let's see. I don't know. What do you make?

How much do Jamie and Michael earn, and why are their take-home paychecks unclear?

Jamie 1:51
I make $19 an hour.
Caleb Hammer 1:53
Yeah, not as much money. Okay, honestly, St. Mary County, I have no idea the cost of living in St. Mary County. I don't know where that is. Maryland, sure. I mean, in general, Northeast does tend to be more expensive, so I go off of that, making that $19 a little harder. $19 down here, you know, it wouldn't be the end of the world. How many hours a week are you working?
Jamie 2:15
Forty.
Caleb Hammer 2:16
So what's your account per paycheck? What's that per paycheck basis?
Jamie 2:19
That's a little complicated currently. Is it? Yeah, it's very complicated. So technically it should be about $24 a month, but currently I had a credit card garnish my wages, so I'm missing about $800 a month out of that paycheck.
Caleb Hammer 2:32
Okay, so what do you make a month on?
Jamie 2:34
So what has the count now is 850 plus 850. Whatever that is. Like 1,700? 1,700. Okay. Well,
Caleb Hammer 2:43
that's not enough to live on. No. Are you guys married?
Michael 2:47
No. No, we are not.
Caleb Hammer 2:50
What's the status?
Michael 2:51
Engaged.
Caleb Hammer 2:52
Engaged. Congratulations. When did you guys get engaged? Christmas. When's the marriage?
Michael 2:59
We don't know.
Caleb Hammer 2:59
No date.
Michael 3:00
Yeah. We have not figured that out yet. Well, Michael,
Caleb Hammer 3:03
what do you do for a living?
Michael 3:04
I am a fry cook and well in the morning and then at night I have a second job cleaning.
Caleb Hammer 3:09
Okay, cool. What's your hourly? How many hours a week are you working?
Michael 3:12
40 hours at my fry cook job and then probably like another 20, 25 at my second job cleaning.
Caleb Hammer 3:22
Yeah. I mean, you're working your butt off and you kind of have to, she's only making 1700, but she's making 40 hours a week. I feel like your wage should be more, but okay. Okay, what would you make on a monthly basis net?
Michael 3:37
What was it, like $3,400 a month from my fry cook job? Okay,
Caleb Hammer 3:42
so yours makes no sense. 19 hours times 40 times 52 divided by 12.
Jamie 3:50
Obviously, this is
Caleb Hammer 3:51
pre-tax. No, you're not getting taxed at 50%.
Jamie 3:54
I also get my insurance and all that kind of stuff comes down to my paycheck as
Caleb Hammer 3:58
well. Yeah, but does it add up to 50%?
Jamie 4:02
I might... Are you sure you know your take-home pay? Yes, $19 an hour.
Caleb Hammer 4:06
No, it's take-home
Jamie 4:07
pay. That's not your take-home
Caleb Hammer 4:07
pay. Like, that's actually the stupidest answer I've ever... Do you know your take-home pay?
Unknown 4:12
$19 an hour!
Caleb Hammer 4:13
Come on.
Unknown 4:14
Okay.
Caleb Hammer 4:15
So, what's your... So, why is your account monthly with everything combined?

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