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How Your Freedom Is Being Destroyed · THINK BEFORE YOU SLEEP

• 0:00
  Speaker 1: How much I'm spending at Coachella day three, we have
• 0:03
  Speaker 1: two Codigo tequila sodas for $ 88 with.
• 0:08
  Speaker 2: Sugar-free Red Bull.
• 0:09
  Speaker 3: You either have to be incredibly stupid or incredibly rich
• 0:12
  Speaker 3: to spend $ 88 on two drinks that probably cost about $ 1. 50
• 0:16
  Speaker 3: each to make. Well, maybe you're both.
• 0:19
  Speaker 4: Austin got me a spicy pizza pizza, and this.
• 0:22
  Speaker 5: Was $ 0.
• 0:22
  Speaker 3: Right, the pizza was free because the guy bought it.
• 0:25
  Speaker 3: Let me just spoil it. This girlie was dumb enough
• 0:28
  Speaker 3: to buy four drinks at Coachella for $ 167, and that
• 0:32
  Speaker 3: was just one of the days. I mean, you couldn't
• 0:35
  Speaker 3: waterboard this information out of me. You should be embarrassed
• 0:37
  Speaker 3: to be caught paying over 20 times the price for drinks.
• 0:41
  Speaker 3: And I'm not sure why it's a trend to openly
• 0:43
  Speaker 3: display how stupid you are with money.
• 0:45
  Speaker 6: With me to Nobu at Coachella. Easily the best thing
• 0:47
  Speaker 6: I've ever spent my adult money on. For $ 375 each,
• 0:50
  Speaker 6: that is a total of $ 750. Here's what we got.
• 0:52
  Speaker 6: As soon as we sat down, they brought around oshibori
• 0:54
  Speaker 6: so we could wipe the Coachella dust.
• 0:55
  Speaker 2: Off our hands.
• 0:56
  Speaker 6: And then some edamame. Al dente and perfect amount of salt.
• 0:59
  Speaker 6: Then followed the yellow tuna jalapeno and salmon dry miso.
• 1:01
  Speaker 6: Not only are they super classic dishes at Nobu, but
• 1:04
  Speaker 6: also just in Japanese culture. It was very classic, very refreshing.
• 1:06
  Speaker 6: It was giving welcome to Nobu.
• 1:08
  Speaker 3: Authentic Japanese culture is laughing at you right now for
• 1:10
  Speaker 3: spending $ 750 of your adult money on a meal that
• 1:14
  Speaker 3: would cost maybe $ 40 in Japan.
• 1:16
  Speaker 5: I mean, look how happy these people are to get
• 1:18
  Speaker 5: ripped off by their $ 13 coffee. Now let's rob this
• 1:22
  Speaker 5: one for $ 17. Look at these two. They're thrilled the
• 1:28
  Speaker 5: restaurant's robbing them. Yeah, nothing says bragging rights like filming
• 1:31
  Speaker 5: yourself celebrating being swindled.
• 1:34
  Speaker 3: Well, these two women at Nobu thought that Greta Thunberg
• 1:36
  Speaker 3: was profound enough to include at the end of their video,
• 1:39
  Speaker 3: so they probably aren't that smart. Now, I don't know
• 1:41
  Speaker 3: the economic state of these particular individuals. Their adult money
• 1:44
  Speaker 3: could be from a multi-million dollar trust fund, and burning
• 1:47
  Speaker 3: $ 750 on a mid-experience may not be that big of
• 1:51
  Speaker 3: a deal. However, let's not pretend that there aren't a
• 1:53
  Speaker 3: vast number of people with regular incomes... who are spending
• 1:56
  Speaker 3: an insane amount of money on these things. Coachella wouldn't
• 1:59
  Speaker 3: be able to charge that much without a pool of
• 2:01
  Speaker 3: morons agreeing to extreme rip-offs. Now, you may think it's
• 2:04
  Speaker 3: not that big of a deal because it's just one occasion,
• 2:07
  Speaker 3: but in reality, these choices don't happen in isolation. The
• 2:11
  Speaker 3: kind of person who makes a financial decision like that
• 2:13
  Speaker 3: is also overspending elsewhere, and if everyone does dumb stuff
• 2:17
  Speaker 3: like this with their money, it will start to affect
• 2:19
  Speaker 3: your life and your freedom, whether you are a participant
• 2:22
  Speaker 3: or not. But before I say more, recently a jury
• 2:25
  Speaker 3: ordered Meta and YouTube to pay millions for their role
• 2:28
  Speaker 3: in designing and promoting addictive platforms. They knew their apps
• 2:31
  Speaker 3: could contribute to anxiety, depression, and body image issues, but
• 2:35
  Speaker 3: did not share those risks while prioritizing profits. If you
• 2:39
  Speaker 3: or your child spent years growing up on social media
• 2:42
  Speaker 3: and experienced serious mental health struggles, you should hear this.
• 2:46
  Speaker 3: Morgan & Morgan is stepping up to hold these platforms
• 2:48
  Speaker 3: accountable for the harm they caused. You can use the
• 2:51
  Speaker 3: link in my description or scan the QR code to
• 2:53
  Speaker 3: take a short quiz to see if you qualify for
• 2:55
  Speaker 3: a case. You may be entitled to a potential recovery
• 2:58
  Speaker 3: of over $ 1, 000. All right, so the thing that continuously
• 3:01
  Speaker 3: disgusts me the more I get exposed to TikTok or
• 3:04
  Speaker 3: social media in general is just the vast numbers of
• 3:07
  Speaker 3: people who routinely think it's some sort of flex to
• 3:10
  Speaker 3: show that they overpaid for something.
• 3:11
  Speaker 7: We are going to be doing a handbag video today
• 3:15
  Speaker 7: of my.
• 3:16
  Speaker 8: Most used Louis Vuitton bags over the past year.
• 3:19
  Speaker 3: Literally, you better be a billionaire if you're wasting money
• 3:22
  Speaker 3: collecting luxury bags, because I don't even think it's that
• 3:25
  Speaker 3: much of a flex. The reality is that anyone with
• 3:27
  Speaker 3: a credit card limit of $ 2, 500 can afford a bag
• 3:30
  Speaker 3: that says Louis Vuitton on it.
• 3:31
  Speaker 8: I picked their most classic piece, the monogrammed briefcase.
• 3:36
  Speaker 9: The way this bag was put together was mediocre, even
• 3:39
  Speaker 9: though it's such a simple design.
• 3:41
  Speaker 8: Let me tell you what coated canvas really means. It's
• 3:43
  Speaker 8: fabric coated with a durable layer of plastic on top.
• 3:47
  Speaker 8: This is an $ 1, 800 briefcase made of fancy plastic.
• 3:52
  Speaker 3: That's great. Later in the video, the guy says, if
• 3:54
  Speaker 3: the logo was invisible, would you still buy it? Obviously,
• 3:57
  Speaker 3: for a large percentage of the market, the answer is
• 4:00
  Speaker 3: no because a part of Louis Vuitton's business strategy is
• 4:02
  Speaker 3: to sell stuff to broke people who want to pretend
• 4:04
  Speaker 3: that they're rich. Actual rich people will buy expensive items
• 4:08
  Speaker 3: without the logos.
• 4:09
  Speaker 9: I stood there looking at this $ 1, 800 briefcase in pieces.
• 4:14
  Speaker 9: And I felt foolish because I realized how powerful their
• 4:19
  Speaker 9: marketing was. I had believed price meant quality.
• 4:24
  Speaker 8: It didn't. It meant desirability.
• 4:27
  Speaker 3: So if you're carrying bags with logos plastered all over them,
• 4:31
  Speaker 3: you're probably not that rich. But modern society is just
• 4:34
  Speaker 3: full of people making stupid purchases, whether it's overpriced luxury goods,
• 4:38
  Speaker 3: or it's 10-cent pieces of cardboard that go for tens
• 4:41
  Speaker 3: of thousands of dollars. And yes, I understand that average
• 4:44
  Speaker 3: people aren't paying this much for a Final Fantasy card,
• 4:46
  Speaker 3: but just like with Coachella, the fact that it's possible
• 4:49
  Speaker 3: to charge that much means that there's a market of
• 4:51
  Speaker 3: Disney adults overspending on card games that were, at least originally,
• 4:55
  Speaker 3: supposed to be for kids. Just watch any Caleb Hammer
• 4:58
  Speaker 3: video and you'll see tons of these people.
• 5:00
  Speaker 10: You're getting almost on average, like, one Labubu a day.
• 5:05
  Speaker 10: We're very close to that. Like, give me five more Labubus,
• 5:08
  Speaker 10: and you will have gotten a Labubu every day the
• 5:10
  Speaker 10: month that we just saw.
• 5:11
  Speaker 8: I don't think about it when I buy it.
• 5:12
  Speaker 7: It's just impulse.
• 5:14
  Speaker 10: Okay, but you purchased it endlessly.
• 5:16
  Speaker 7: It's kind of like gambling, I would say. Like, trying
• 5:19
  Speaker 7: to get them online through PopMart.
• 5:22
  Speaker 3: $ 700 for Labubus in one month, if you're wondering. That's
• 5:25
  Speaker 3: how much she spent on dumb collectibles as someone who,
• 5:27
  Speaker 3: with her husband... Only makes about $ 9K a month, which
• 5:30
  Speaker 3: is still a lot, but it's not that much when
• 5:32
  Speaker 3: you're spending close to one-tenth of your income on dolls.
• 5:35
  Speaker 3: They also bought first-class tickets to Hawaii. What kind of
• 5:38
  Speaker 3: idiot flies first class when they have a household income
• 5:40
  Speaker 3: of less than $ 10K a month? Well, like I said,
• 5:43
  Speaker 3: Disney adults do this. And they sure as hell are
• 5:46
  Speaker 3: dressed like Disney adults with the Pokemon t-shirts and the
• 5:49
  Speaker 3: Zelda tattoo.
• 5:50
  Speaker 7: I feel like I lost out on my childhood just
• 5:52
  Speaker 7: not being able to have things like this, you know?
• 5:55
  Speaker 8: Well, shut the fuck up. I think eight years at Disney,
• 6:00
  Speaker 8: you should kind of make up for.
• 6:01
  Speaker 7: A lot of that.
• 6:04
  Speaker 8: I love Disney.
• 6:05
  Speaker 7: I love Disney.
• 6:06
  Speaker 3: Which is fine.
• 6:07
  Speaker 7: I mean, it's part of my childhood.
• 6:10
  Speaker 11: Of course.
• 6:11
  Speaker 3: Now, I know this is a scripted video, but this
• 6:12
  Speaker 3: was yet again another accurate prediction that I made before
• 6:15
  Speaker 3: seeing this moment, further proving that you absolutely can judge
• 6:18
  Speaker 3: a book by its cover. Also, let me be clear,
• 6:21
  Speaker 3: it's not just people on Caleb Hammer doing this. Most
• 6:24
  Speaker 3: people don't seem to understand the concept of desire is infinite,
• 6:27
  Speaker 3: but resources are limited. And this lack of understanding causes
• 6:30
  Speaker 3: them to make numerous quick and horrendous financial decisions for
• 6:34
  Speaker 3: a small 10-second dopamine hit that will cost them years
• 6:37
  Speaker 3: of work to pay off. And then they'll rationalize their
• 6:40
  Speaker 3: credit card purchases like this.
• 6:42
  Speaker 12: So Netflix can buy HBO Max even though they're millions
• 6:45
  Speaker 12: of dollars into debt and literally cannot even afford to
• 6:48
  Speaker 12: buy HBO Max. But when a regular person goes into debt,
• 6:51
  Speaker 12: then they're punished super hard for it and their credit
• 6:53
  Speaker 12: goes down.
• 6:54
  Speaker 1: The reason why there's less judgment for stuff like that
• 6:56
  Speaker 1: is because they're using debt to buy assets. And I
• 6:59
  Speaker 1: don't think that this is limited to just the top 1%.
• 7:02
  Speaker 8: When people take out.
• 7:03
  Speaker 1: Mortgages to buy a house, people genuinely view that as
• 7:05
  Speaker 1: a very positive thing, even though they're getting into debt
• 7:08
  Speaker 1: in order to do so.
• 7:09
  Speaker 3: Yeah, that's really one of the core issues here. Outside
• 7:11
  Speaker 3: of whatever dumb thing Netflix is doing, the problem is
• 7:14
  Speaker 3: people going into significant debt to purchase liabilities. Liabilities are
• 7:18
  Speaker 3: things that cost you money, Assets are things that make
• 7:21
  Speaker 3: you money.
• 7:21
  Speaker 1: The difference is a lot of normal people are using
• 7:23
  Speaker 1: debt for things that aren't going to make them money.
• 7:25
  Speaker 1: They're using it for things like takeaway, concert tickets, holidays,
• 7:30
  Speaker 1: or even just online shopping for clothes and stuff.
• 7:32
  Speaker 3: Look, I'm not going to pretend that I've never used
• 7:34
  Speaker 3: DoorDash before, but what's really disturbing is that there is
• 7:37
  Speaker 3: an option on the app to finance your purchase. Because,
• 7:40
  Speaker 3: you know, if putting your McDonald's meal on a credit
• 7:42
  Speaker 3: card wasn't enough, you could also break the purchase up
• 7:45
  Speaker 3: into four payments. What happened to buying food at the
• 7:48
  Speaker 3: store yourself? None of you are rich enough to be
• 7:50
  Speaker 3: regularly using delivery apps. If you aren't making at least
• 7:54
  Speaker 3: $ 150k a year, then you should be learning how to
• 7:56
  Speaker 3: cook and fetching your own groceries. Because in a time
• 7:58
  Speaker 3: where people are constantly saying that they want more luxuries
• 8:01
  Speaker 3: and more expensive conveniences, really, you should be teaching yourself
• 8:05
  Speaker 3: how to be satisfied with less. For example, recently I
• 8:07
  Speaker 3: saw people laughing at this marriage proposal that took place
• 8:10
  Speaker 3: at McDonald's, and granted, yeah, it's pretty ratty to propose
• 8:12
  Speaker 3: at a fast food restaurant, However, they do look happy,
• 8:15
  Speaker 3: and the point is that these people are making it
• 8:17
  Speaker 3: work within their income range. You don't need to copy
• 8:20
  Speaker 3: TikTok videos by paying for a massive first-class trip to France,
• 8:23
  Speaker 3: followed by a proposal with the Eiffel Tower in the
• 8:25
  Speaker 3: background to make a marriage work. Probably the most happy
• 8:28
  Speaker 3: relationships I've seen are from people who have had modest
• 8:31
  Speaker 3: proposals and reasonably priced weddings, including weddings that were nearly free.
• 8:35
  Speaker 3: In fact, in my experience, the more extravagant proposals and
• 8:38
  Speaker 3: weddings are more likely to end in divorce. Not to
• 8:41
  Speaker 3: mention that I think it's insane to watch couples sacrifice
• 8:43
  Speaker 3: a down payment on a house or money for a
• 8:46
  Speaker 3: second car for, quite honestly, an experience that won't be
• 8:49
  Speaker 3: that much enhanced by spending a ridiculous amount of money.
• 8:52
  Speaker 3: And surely, there's no shortage of people who refuse to
• 8:54
  Speaker 3: ask what opportunities that they're sacrificing when they overspend on
• 8:57
  Speaker 3: short-lived dopamine hits, while at the same time romanticizing those
• 9:01
  Speaker 3: terrible decisions on TikTok.
• 9:03
  Speaker 4: So I have a little bit of credit card debt.
• 9:05
  Speaker 4: And a lot of that has to do with the
• 9:07
  Speaker 4: fact that I moved to Nashville, Tennessee with not really
• 9:09
  Speaker 4: that much money. And then I decided to fully furnish
• 9:11
  Speaker 4: my bedroom. But I will say something I've learned over
• 9:13
  Speaker 4: the past couple of months is that a lot of
• 9:14
  Speaker 4: my friends also do too.
• 9:16
  Speaker 3: Okay, so you don't have to buy all the stuff new.
• 9:18
  Speaker 3: You can use Facebook Marketplace, OfferUp, estate sales, or other
• 9:22
  Speaker 3: methods of purchasing things secondhand. Do people not know how
• 9:25
  Speaker 3: to do this anymore? I mean, you'll get massive markdowns
• 9:28
  Speaker 3: by getting things used. oftentimes 80-90% because people were going
• 9:32
  Speaker 3: to throw this stuff away anyway. You can probably furnish
• 9:35
  Speaker 3: a bedroom for around $ 1, 000 instead of around $ 5, 000 or $ 10, 000,
• 9:39
  Speaker 3: which is likely what this person actually spent. You can
• 9:42
  Speaker 3: even double up and use these second-hand purchases as an
• 9:44
  Speaker 3: opportunity to learn how to clean and maintain your stuff.
• 9:47
  Speaker 3: Imagine that in the modern day. But this girl is
• 9:50
  Speaker 3: 25 and broke. She should not be using a credit
• 9:53
  Speaker 3: card to buy brand new furniture. And you know, the
• 9:55
  Speaker 3: consequences of people constantly buying new shit instead of getting
• 9:59
  Speaker 3: stuff secondhand and forcing companies to compete with used goods
• 10:02
  Speaker 3: is that manufacturers are now not pressured to build things
• 10:05
  Speaker 3: to last because idiots keep giving them demand for low
• 10:08
  Speaker 3: quality cheap crap that they'll throw out in three years.
• 10:10
  Speaker 3: So understand that we all suffer the negative consequences of
• 10:13
  Speaker 3: these people's stupid decisions. And unfortunately, this whole thing of
• 10:17
  Speaker 3: my actions only affect me is a myth. Humans are
• 10:20
  Speaker 3: social animals. Your bad decisions and bad habits always affect
• 10:24
  Speaker 3: other people.
• 10:25
  Speaker 4: Because at the end of the day, we're all just
• 10:26
  Speaker 4: in our 20s trying to figure out how the f
• 10:28
  Speaker 4: * * * to live in a freaking universe where
• 10:33
  Speaker 4: rent is like $ 1, 500.
• 10:34
  Speaker 7: Yeah, okay.
• 10:35
  Speaker 8: Yeah, sure.
• 10:36
  Speaker 4: And then our parents are like, why are you in
• 10:37
  Speaker 4: so much credit card debt?
• 10:39
  Speaker 12: Uh, I'm sorry that rent.
• 10:40
  Speaker 4: Isn't $ 400 like it was when you were 25.
• 10:42
  Speaker 3: I'm not going to deny rent being more expensive than
• 10:45
  Speaker 3: it used to be, but also my parents bought things
• 10:47
  Speaker 3: secondhand and had roommates. You don't throw the financial baby
• 10:50
  Speaker 3: out with a bathwater because housing prices aren't ideal. If $ 1, 400
• 10:54
  Speaker 3: is a lot for rent, then it's pretty easy to
• 10:56
  Speaker 3: find a one-bedroom apartment in Nashville for around $ 1, 000. Or,
• 11:00
  Speaker 3: you know, you can not live in a city where
• 11:01
  Speaker 3: rent's going to be a lot more expensive. Even when
• 11:04
  Speaker 3: it comes to furnishing the bedroom, not only is she
• 11:06
  Speaker 3: going to pay like $ 5, 000 when she could have paid $ 1, 000
• 11:09
  Speaker 3: for it if she just learned to Google, but also,
• 11:11
  Speaker 3: she probably just signed herself up for multiple years of
• 11:14
  Speaker 3: $ 100- plus monthly payments which will harm her ability to graduate
• 11:18
  Speaker 3: from living paycheck to paycheck, and more importantly, because of
• 11:21
  Speaker 3: credit card interest, she'll probably end up paying around $ 8, 000
• 11:24
  Speaker 3: for something that could have been, again, $ 1, 000 or less. So,
• 11:28
  Speaker 3: you know, way to pay like eight times the money.
• 11:30
  Speaker 3: That's why you're broke.
• 11:32
  Speaker 4: Not that I'm proud of my friends for having credit
• 11:34
  Speaker 4: card debt, but I'm just like, oh, thank God I'm
• 11:36
  Speaker 4: not the only one. But yeah, if anyone is like
• 11:39
  Speaker 4: down on themselves for having credit card debt, same.
• 11:42
  Speaker 9: Same!
• 11:43
  Speaker 4: Like, God forbid I decided to fully furnish my bedroom
• 11:45
  Speaker 4: and then buy a lot of clothes for myself and,
• 11:49
  Speaker 4: you know.
• 11:49
  Speaker 8: Go out on the weekends.
• 11:50
  Speaker 3: This is why I've been saying that we should be
• 11:52
  Speaker 3: less tolerant. Tolerance was a Trojan horse. We should not
• 11:55
  Speaker 3: be tolerating people who act like idiots. The real reason
• 11:58
  Speaker 3: why this person... Wait, what's this? Am I showing my
• 12:01
  Speaker 3: bias too much or are all these people just leftists?
• 12:04
  Speaker 3: You had the Nobu girls shouting out Greta Thunberg. Then
• 12:07
  Speaker 3: the Caleb Hammer chick had to fly first class to
• 12:09
  Speaker 3: Hawaii to see her sister renew her wedding vows because
• 12:12
  Speaker 3: that sister accidentally got married on January 6th and didn't
• 12:16
  Speaker 3: want that to be her anniversary. Then you have the
• 12:18
  Speaker 3: fuck Trump fan, even the first girl who spent almost
• 12:21
  Speaker 3: $ 90 on two drinks. Granted, based on my professional internet
• 12:24
  Speaker 3: stalking skills, she probably is the most financially responsible one
• 12:27
  Speaker 3: in the group. She might actually have the income to
• 12:29
  Speaker 3: afford those dumb purchases. But she lives in Austin. was
• 12:32
  Speaker 3: a psychology major and works for Google, so like 95%
• 12:35
  Speaker 3: chance that she's a leftist. I'm noticing a pattern. Now,
• 12:39
  Speaker 3: I'm not saying that people on the right are never
• 12:41
  Speaker 3: stupid with money because I've seen many who are. However,
• 12:44
  Speaker 3: what are the odds that most of the people who
• 12:46
  Speaker 3: are out there constantly saying that we need more welfare
• 12:49
  Speaker 3: are just bad with money and they want the people
• 12:51
  Speaker 3: who aren't to pay for their dumb choices? Like I said,
• 12:54
  Speaker 3: even if you are personally responsible with your money, but
• 12:57
  Speaker 3: lots of other people aren't, their bad spending habits will
• 13:00
  Speaker 3: not only inflate the prices of everything, But also, they
• 13:03
  Speaker 3: will vote away your freedoms in exchange for welfare bribes
• 13:05
  Speaker 3: from politicians. Anyway, so this is why I was saying
• 13:08
  Speaker 3: that we need to be less tolerant, and the reason
• 13:10
  Speaker 3: why this chick is being financially stupid by going into
• 13:13
  Speaker 3: debt to buy brand new furniture, I swear if I
• 13:15
  Speaker 3: found a video of her saying that she's an environmentalist,
• 13:17
  Speaker 3: but the reason why she's buying the new furniture and
• 13:19
  Speaker 3: the reason why she's in an apartment that she can't
• 13:21
  Speaker 3: really afford, followed by clubbing every weekend, is because all
• 13:25
  Speaker 3: of her friends give her social proof by doing the
• 13:27
  Speaker 3: same stupid stuff. If she actually had good friends and
• 13:30
  Speaker 3: they saw her upload a video like this next one,
• 13:32
  Speaker 3: they would say, what the hell are you doing?
• 13:34
  Speaker 4: The best part about moving from a tiny little town
• 13:37
  Speaker 4: to a bigger city, being able to fucking Uber Eats
• 13:41
  Speaker 4: in 30 minutes.
• 13:41
  Speaker 13: Like, what do you mean?
• 13:42
  Speaker 4: I just ordered Taco Bell and it was delivered to
• 13:44
  Speaker 4: my door within 30 minutes.
• 13:46
  Speaker 2: And now I'm eating it.
• 13:46
  Speaker 4: I just go home from the bar and you best
• 13:48
  Speaker 4: bet I'm always going to pay for priority. It's only
• 13:50
  Speaker 4: $ 5 and they bring it to me first because I
• 13:54
  Speaker 4: live like seven minutes away from Taco Bell.
• 13:56
  Speaker 3: Literally, what's the point in living in a city where
• 13:58
  Speaker 3: you pay a premium to be close to things if
• 14:01
  Speaker 3: you're just going to door dash everything? Well, Uber eats,
• 14:04
  Speaker 3: but that doesn't sound as good when you turn it
• 14:05
  Speaker 3: into a verb. She's door dashing and paying an extra
• 14:08
  Speaker 3: $ 5 for every purchase because she's impatient and because she
• 14:11
  Speaker 3: doesn't want to spend maybe 15 minutes round trip to
• 14:14
  Speaker 3: go get Taco Bell herself. And if $ 1, 400 a month
• 14:17
  Speaker 3: for rent is expensive to you, then you don't have
• 14:19
  Speaker 3: anywhere near enough money to be ordering delivery meals with
• 14:22
  Speaker 3: priority shipping on a regular basis. By the way, to
• 14:25
  Speaker 3: go on an incel rant here, the reason why men
• 14:27
  Speaker 3: aren't marrying chicks like this is because they see the
• 14:29
  Speaker 3: way that you spend money and are like, fuck that,
• 14:32
  Speaker 3: I'm not going to give her access to my finances,
• 14:34
  Speaker 3: I'm not going to be responsible for her credit card debts. Also,
• 14:37
  Speaker 3: so much of this mentality comes from TikTok that I'm
• 14:40
  Speaker 3: tempted to say that having a TikTok account is a
• 14:42
  Speaker 3: red flag. We have to stop tolerating this shit because
• 14:45
  Speaker 3: if we don't, these people will then turn into useful
• 14:48
  Speaker 3: idiots who can be bribed with food stamps or rent
• 14:50
  Speaker 3: control in exchange for voting for bad policies that make
• 14:53
  Speaker 3: society worse. So no, it's not a good thing that
• 14:55
  Speaker 3: you're financially stupid, and so are all of your friends.
• 14:58
  Speaker 3: It's also not a good thing when you use each
• 15:00
  Speaker 3: other as retard group therapy, where you just enable each
• 15:03
  Speaker 3: other's bad habits and give social proof to everyone's awful decisions,
• 15:07
  Speaker 3: instead of trading money-saving tips like people used to do.
• 15:10
  Speaker 3: Like if I told my friends that I spent almost
• 15:12
  Speaker 3: $ 90 on two mixed drinks, I would be ridiculed like crazy.
• 15:16
  Speaker 3: yet so many stupid financial behaviors are just normalized now.
• 15:20
  Speaker 8: I don't consider a car loan real debt.
• 15:23
  Speaker 1: If you live in America, who doesn't pay a car
• 15:26
  Speaker 1: payment every single month?
• 15:28
  Speaker 3: I don't, but I mean, if you can't afford a
• 15:30
  Speaker 3: new car, then what's wrong with just buying a vastly
• 15:32
  Speaker 3: cheaper used car? How many monthly payments are these people on?
• 15:36
  Speaker 3: Every time you add monthly payments to your budget, you
• 15:38
  Speaker 3: kill your ability to build wealth, and you kill your
• 15:41
  Speaker 3: ability to escape living paycheck to paycheck. Also, understand that
• 15:44
  Speaker 3: you're making cars more expensive for everyone else when you
• 15:47
  Speaker 3: take out a big loan to buy a new car
• 15:49
  Speaker 3: that you can't actually afford.
• 15:50
  Speaker 10: The cost of school only went up when we started
• 15:53
  Speaker 10: introducing federal student loans. You could borrow as much as
• 15:57
  Speaker 10: you want to get any degree you want from any
• 15:59
  Speaker 10: institution you want. And we kept raising it, raising it,
• 16:01
  Speaker 10: raising it. Then they hired administrators, turned them into campuses of...
• 16:04
  Speaker 10: like luxury water parks and stuff like that.
• 16:06
  Speaker 9: Oh, yeah.
• 16:07
  Speaker 2: This is stupid.
• 16:09
  Speaker 12: Like $ 80, 000 a year to go to a school, I
• 16:10
  Speaker 12: think is a little bit much, right?
• 16:12
  Speaker 4: Yeah.
• 16:12
  Speaker 10: We tried to do things that are nice and performative, like, oh,
• 16:15
  Speaker 10: student loans for everyone or rent control, all this stuff,
• 16:18
  Speaker 10: but it's actually damaged those three categories, made them wildly
• 16:21
  Speaker 10: more unaffordable.
• 16:22
  Speaker 1: Right.
• 16:22
  Speaker 3: It's also the same process for car loans. And to
• 16:25
  Speaker 3: add to Caleb's story, when I was in college, the
• 16:27
  Speaker 3: government started giving out student loans like crazy, and I
• 16:30
  Speaker 3: literally watched tuition fees for state schools increased from $ 1, 000
• 16:34
  Speaker 3: a semester to $ 3, 000 a semester over a four-year period.
• 16:38
  Speaker 3: The price tripled in just four years because of all
• 16:41
  Speaker 3: the increased demand for useless college degrees that universal government
• 16:44
  Speaker 3: student loans provided. So when you do stupid shit like
• 16:47
  Speaker 3: buy a brand new car instead of a used one
• 16:49
  Speaker 3: because you technically have enough money to make monthly payments
• 16:52
  Speaker 3: if you take a seven-year loan instead of a five-year loan,
• 16:55
  Speaker 3: you are not only turning yourself into a debt slave
• 16:57
  Speaker 3: for nearly a decade and increasing the price of cars
• 16:59
  Speaker 3: by providing additional demand that shouldn't be there, But also,
• 17:03
  Speaker 3: on a societal level, you're enabling all these authoritarian removals
• 17:07
  Speaker 3: of ownership that car companies have been trying to incorporate
• 17:09
  Speaker 3: into new cars since COVID, like charging a monthly subscription
• 17:12
  Speaker 3: for a seat warmer that was already installed in your vehicle.
• 17:16
  Speaker 3: And if we can just get enough financially illiterate people
• 17:18
  Speaker 3: to say yes to that, well then we can roll
• 17:20
  Speaker 3: it out for everyone. They don't need everybody to consent,
• 17:22
  Speaker 3: they just need enough people to consent. And the most
• 17:25
  Speaker 3: frustrating thing is that people are making these purchases not
• 17:27
  Speaker 3: because they need these things, They're doing it to copy
• 17:30
  Speaker 3: social media influencers.
• 17:32
  Speaker 7: Honestly, like, I just get so inspired by influencers. I've
• 17:36
  Speaker 7: been influenced by a couple of Disney influencers. Like, you know,
• 17:40
  Speaker 7: I want to look cool and cute at the parks.
• 17:42
  Speaker 8: You don't. So, why not?
• 17:45
  Speaker 3: You get inspired by influencers? Have you ever met influencers?
• 17:49
  Speaker 3: At least half of them are like some of the
• 17:50
  Speaker 3: most backstabby, irresponsible people in existence. Do you know how
• 17:54
  Speaker 3: many of those luxury lifestyle influencers are lying to you
• 17:57
  Speaker 3: by omission by renting those handbags? Or they're sponsored by
• 18:01
  Speaker 3: the company to promote the stuff, or they have affiliate
• 18:03
  Speaker 3: links that they make money off of, or they have
• 18:06
  Speaker 3: lots of stuff because they're sugar baby prostitutes, and they
• 18:09
  Speaker 3: are giving sexual favors to rich men in exchange for
• 18:12
  Speaker 3: luxury bags that they then sell. I believe it's a
• 18:15
  Speaker 3: part of the prostitution scheme since it's illegal to give
• 18:17
  Speaker 3: sugar babies money for sex. I did a whole video
• 18:20
  Speaker 3: on Seeking Arrangement a long time ago, that's how I
• 18:22
  Speaker 3: know how this works. Seeking Arrangement used to make videos
• 18:25
  Speaker 3: teaching women how to use their website to legally get
• 18:28
  Speaker 3: away with being a prostitute. Honestly, I think a lot
• 18:31
  Speaker 3: of these luxury lifestyle influencers would be making this new
• 18:34
  Speaker 3: TikTok personal shopper content if they had worse life RNG
• 18:38
  Speaker 3: on their appearance.
• 18:39
  Speaker 13: Word of the day is double jeopardy.
• 18:41
  Speaker 8: Double jeopardy.
• 18:43
  Speaker 13: That means if you've already been convicted of a crime,
• 18:45
  Speaker 13: they cannot come and do anything else.
• 18:47
  Speaker 3: I'm pretty sure that's not how double jeopardy works. Never mind,
• 18:50
  Speaker 3: there's no point in explaining it. This person is probably
• 18:53
  Speaker 3: so uneducated that she thinks that term came from a
• 18:55
  Speaker 3: TV game show. but understand that influencers are deceptive on
• 18:59
  Speaker 3: a pretty regular basis.
• 19:00
  Speaker 11: Apparently my uncle needs some new dentures and apparently teeth cost.
• 19:07
  Speaker 1: $ 68, 000.
• 19:07
  Speaker 5: So he's getting like veneers or some shit?
• 19:09
  Speaker 8: I think so, yeah. And who's paying that, you?
• 19:12
  Speaker 11: That's what they asked, but I'm going to be honest,
• 19:15
  Speaker 11: that's a lot of money. And then also, Bab wants
• 19:17
  Speaker 11: two houses in Vietnam.
• 19:19
  Speaker 5: But, but.
• 19:21
  Speaker 11: I'm gonna give him the houses, but the teeth, I'm
• 19:22
  Speaker 11: gonna let him put a pause on that.
• 19:24
  Speaker 3: Oh, well, he's so nice. He gives money to his family, right? Yeah,
• 19:28
  Speaker 3: but the reason that he's mentioning that on stream is
• 19:30
  Speaker 3: to get clout and make viewers think that he's a
• 19:32
  Speaker 3: good person. This is a business investment, not a charity.
• 19:35
  Speaker 3: If it was a charity, he wouldn't bring it up
• 19:37
  Speaker 3: to his followers. Wait, does this technically count as a
• 19:39
  Speaker 3: tax write-off because he made content out of it? I
• 19:41
  Speaker 3: know that's a reason why Pokimane shows off all her
• 19:44
  Speaker 3: gift-giving on stream. It's because she gets PR points for it,
• 19:47
  Speaker 3: and she can write those gifts off, which in her
• 19:50
  Speaker 3: tax bracket living in California has to be like a
• 19:52
  Speaker 3: 50% discount on the purchase. Now, I'm not sure what
• 19:55
  Speaker 3: Pokimane or Jason the Ween's actual finances are, but whether
• 19:59
  Speaker 3: they're responsible or not, time and time again has shown
• 20:02
  Speaker 3: that people who base their entire personalities around luxury lifestyles
• 20:05
  Speaker 3: and making it rain for everyone very often end up broke.
• 20:09
  Speaker 3: even if they had millions of dollars.
• 20:11
  Speaker 13: A lot of these influencers, you will see, are going
• 20:14
  Speaker 13: to mirror the life of NBA pros. A lot of
• 20:16
  Speaker 13: NBA pros have a career, it's four years long, they
• 20:19
  Speaker 13: get paid hundreds of thousands of dollars to millions of dollars,
• 20:22
  Speaker 13: and they spend it like it's going to live forever,
• 20:24
  Speaker 13: and it's simply not. If you are not making, at minimum,
• 20:27
  Speaker 13: a quarter of a million dollars of content creation a year,
• 20:30
  Speaker 13: you better be working a job. You better be working
• 20:34
  Speaker 13: on a side hustle. You better be working on a
• 20:36
  Speaker 13: business and you better be fucking investing and you better
• 20:39
  Speaker 13: stop spending this money like it's going to.
• 20:41
  Speaker 6: Be here forever.
• 20:42
  Speaker 3: He's absolutely right. If you make under $ 250, 000 a year
• 20:45
  Speaker 3: as a social media influencer, you're broke and you should
• 20:48
  Speaker 3: live like you make nothing. And the reason for that
• 20:51
  Speaker 3: is because this career path is very volatile and you
• 20:54
  Speaker 3: might be doing great for a few years and then
• 20:56
  Speaker 3: you fall off like crazy, make nothing and start blaming
• 20:59
  Speaker 3: the algorithm for shadow banning you. Really, it's a lot
• 21:02
  Speaker 3: of work to stay relevant for a long time, and
• 21:04
  Speaker 3: because of that, you might have to make an entire
• 21:06
  Speaker 3: lifetime of income in the span of five years because
• 21:09
  Speaker 3: that's all your personality or your skill set or your
• 21:12
  Speaker 3: topic choice is relevant for. Well, unless you rebrand, which
• 21:15
  Speaker 3: is incredibly difficult, and very few people succeed at that,
• 21:19
  Speaker 3: and it's going to be much harder to rebrand if
• 21:21
  Speaker 3: you're stressed out about money because you didn't manage your
• 21:24
  Speaker 3: finances properly. Now, with that in mind, how many influencers
• 21:28
  Speaker 3: do you know who are spending money responsibly? Most of
• 21:31
  Speaker 3: them aren't. Most of them have the same stupid YOLO
• 21:34
  Speaker 3: attitude that these Disney adults on Caleb Hammer have.
• 21:37
  Speaker 13: These people, who you see as celebrities, as icons, will
• 21:42
  Speaker 13: live a meaningless life of ruin. In the next five
• 21:47
  Speaker 13: to ten years, you will see exactly what I'm saying.
• 21:50
  Speaker 13: A lot of them are making barely enough just to
• 21:53
  Speaker 13: get by. They've developed no life skills whatsoever. no work skills,
• 21:58
  Speaker 13: they can't take care of themselves, as well as not
• 22:01
  Speaker 13: being able to cook so they have to door dash everything,
• 22:03
  Speaker 13: as well as their egos are through the roof so
• 22:06
  Speaker 13: they buy these lavish houses and participate in this very impressive,
• 22:11
  Speaker 13: very glitz and glam lifestyle in order to keep up
• 22:14
  Speaker 13: with all the other egomaniacs in their field.
• 22:17
  Speaker 3: Right, and I don't think it's that much different for
• 22:19
  Speaker 3: regular people in society. We have infinite access to good
• 22:22
  Speaker 3: information that used to be incredibly difficult to learn, yet
• 22:26
  Speaker 3: more and more people have so few life skills that
• 22:28
  Speaker 3: the people who do have these skills can overcharge like crazy. Eventually,
• 22:33
  Speaker 3: people are going to be paying $ 100 to have someone
• 22:35
  Speaker 3: screw in a single light bulb for them. And understand that, yes,
• 22:39
  Speaker 3: some of these skills can be a pain in the
• 22:40
  Speaker 3: ass to learn, but also understand that there is a
• 22:43
  Speaker 3: finite limit to how much money you will make during
• 22:45
  Speaker 3: your lifetime, and if you continually waste it in places
• 22:48
  Speaker 3: where it's not necessary, then you're going to end up
• 22:51
  Speaker 3: sacrificing important life experiences because you wanted to doordash instead
• 22:55
  Speaker 3: of cook your own food.
• 22:56
  Speaker 10: This is not hyperbole.
• 22:57
  Speaker 7: Her husband wants to divorce her because of her overspending,
• 22:59
  Speaker 7: and she is literally choosing the boo-boos, Disneyland, and first
• 23:02
  Speaker 7: class flights over her spouse and her two-year-old child.
• 23:24
  Speaker 3: Where's the glamour in that? Not to say that the
• 23:26
  Speaker 3: husband isn't also financially irresponsible, though in this case, she's
• 23:30
  Speaker 3: more of the problem. However, understand that this is the
• 23:33
  Speaker 3: choice that they're making when they refuse to learn how
• 23:35
  Speaker 3: to handle their money. I know that Caleb's show is
• 23:37
  Speaker 3: designed to make light of this stuff, but actually it's
• 23:39
  Speaker 3: quite sad when you see a mother who cares more
• 23:41
  Speaker 3: about tiny dopamine hits that she gets from buying collectibles
• 23:44
  Speaker 3: than she does about providing a stable family for her child.
• 23:47
  Speaker 3: And in addition to that, they want a second kid,
• 23:50
  Speaker 3: but they can't afford it because they're too irresponsible with money.
• 23:53
  Speaker 3: despite the fact that they make more than the average family,
• 23:56
  Speaker 3: maybe spend a little bit less on food. And this
• 23:59
  Speaker 3: isn't just on that level, it's on every level. Discipline
• 24:02
  Speaker 3: equals freedom, and if you don't behave in a disciplined
• 24:04
  Speaker 3: manner when it comes to money, then people will take
• 24:07
  Speaker 3: away your freedom.
• 24:08
  Speaker 2: Meta announced last week that they are enforcing the digital
• 24:11
  Speaker 2: equivalent of a GoPro on every Meta employee in the US.
• 24:15
  Speaker 2: It's a keylogger and screen recorder that they have to
• 24:19
  Speaker 2: keep running on their computer all day. He tells them
• 24:22
  Speaker 2: you cannot take this off during company hours. Nine to five,
• 24:25
  Speaker 2: I own your ass, okay? You signed the papers. And
• 24:27
  Speaker 2: I mean, imagine if you're one of those 80,000 people
• 24:30
  Speaker 2: or whatever subset is getting the GoPro. Imagine how devastated
• 24:34
  Speaker 2: and dehumanized you feel. And the only reason Meta knew
• 24:37
  Speaker 2: they could do this is because of the Doomer narrative
• 24:40
  Speaker 2: around AI and the loss of jobs. They laid off 8,000
• 24:44
  Speaker 2: people in the same month they announced this program. And
• 24:48
  Speaker 2: do you think that's a coincidence?
• 24:49
  Speaker 3: Why do you think they're putting up with this? Do
• 24:52
  Speaker 3: you think someone who is financially secure would ever subject
• 24:54
  Speaker 3: themselves to a situation where their boss constantly monitors every
• 24:58
  Speaker 3: single action they take? Is the DoorDash worth it? Or
• 25:02
  Speaker 3: can you just go get Taco Bell yourself or, better yet,
• 25:04
  Speaker 3: learn how to make tacos? Is the brand new furniture
• 25:07
  Speaker 3: worth it? Or is it maybe a lot easier to
• 25:10
  Speaker 3: spend 20 minutes googling second-hand items instead of doing an
• 25:13
  Speaker 3: additional 1-200 hours of work at your job because it's
• 25:16
  Speaker 3: mentally easier to buy things that are new? it is
• 25:19
  Speaker 3: insane the amount of additional work people will subject themselves
• 25:22
  Speaker 3: to because they don't want to learn about new ways
• 25:24
  Speaker 3: of being. I'm not kidding when I say that people
• 25:27
  Speaker 3: regularly do an additional 100 hours of work or more
• 25:30
  Speaker 3: because they don't want to spend like 20 minutes Googling.
• 25:33
  Speaker 3: In fact, some people waste multiple years in college only
• 25:36
  Speaker 3: to find out that they don't want the career path
• 25:38
  Speaker 3: they studied for when the reality of that career path
• 25:41
  Speaker 3: could have been Googled and researched in a few hours.
• 25:44
  Speaker 3: This mentality is one of the core problems in our society,
• 25:47
  Speaker 3: and more importantly, If you skip out on the basics
• 25:49
  Speaker 3: of finances like learning how to not overspend, as well
• 25:52
  Speaker 3: as learning money-saving techniques like going to estate sales, then
• 25:56
  Speaker 3: you're not going to understand the more complex bullshit that
• 25:59
  Speaker 3: politicians pull to screw you over.
• 26:01
  Speaker 14: Imagine working 9 to 5 for 40, 50 years and
• 26:07
  Speaker 14: you made it. You finally saved up, you know, a
• 26:11
  Speaker 14: couple million dollars so that you can enjoy your retirement.
• 26:15
  Speaker 14: And then the Federal Reserve prints... 100% of the money supply,
• 26:20
  Speaker 14: and you lose 50% of your purchasing power.
• 26:23
  Speaker 3: You know what's really evil? Spending your entire life working
• 26:26
  Speaker 3: towards financial stability, and then some banker asshole at the
• 26:30
  Speaker 3: Federal Reserve steals half the wealth you built by doubling
• 26:33
  Speaker 3: the money supply. Slavery was never abolished. It was just
• 26:37
  Speaker 3: rebranded to be made less noticeable. And the primary way
• 26:40
  Speaker 3: that people are enslaved is debt because once you're in debt,
• 26:43
  Speaker 3: you won't take chances and you'll put up with anything.
• 26:46
  Speaker 3: That's probably why so many people have been groomed into
• 26:49
  Speaker 3: student loans that they will never be able to pay off.
• 26:51
  Speaker 3: The people who get degrees with low market value are
• 26:54
  Speaker 3: not supposed to be able to pay their loans off.
• 26:56
  Speaker 3: They're designed to trap you and turn you into a
• 26:58
  Speaker 3: useful idiot who then can be easily fear-mongered and bribed
• 27:01
  Speaker 3: into voting for policies that benefit banks. The second way
• 27:04
  Speaker 3: you're tricked into slavery is through ridiculous taxation rates, especially
• 27:08
  Speaker 3: when it comes to income tax. Meanwhile, that money is
• 27:11
  Speaker 3: routinely misappropriated and stolen by scammers for the purpose of
• 27:15
  Speaker 3: enriching themselves. Third is inflation. You know, because they can't
• 27:19
  Speaker 3: just increase taxes every year, people would notice and get mad.
• 27:22
  Speaker 3: So they have to have other ways of stealing your money,
• 27:25
  Speaker 3: and when you notice the inflation, they'll switch back to
• 27:27
  Speaker 3: increasing taxes again, and the cycle will continue and repeat itself.
• 27:31
  Speaker 3: All of this is bad, and like I said, a
• 27:33
  Speaker 3: major reason that people put up with it is because
• 27:36
  Speaker 3: they have financial issues from bad lifestyle choices. I mean,
• 27:39
  Speaker 3: let's be honest, no one's going to speak truth to
• 27:41
  Speaker 3: power without a financial safety net. Your standards are very
• 27:45
  Speaker 3: much based on your ability to take care of yourself
• 27:47
  Speaker 3: if negotiations don't go your way. That's why it's called
• 27:50
  Speaker 3: fuck you money. The good news, though, is that these
• 27:53
  Speaker 3: lifestyle choices that are causing you problems are not that
• 27:56
  Speaker 3: hard to fix, and you can put yourself into a
• 27:59
  Speaker 3: position where you won't have to put up with bullshit. Obviously,
• 28:02
  Speaker 3: that starts by training yourself in a skill that has
• 28:04
  Speaker 3: a lot of market value or by upgrading the skill
• 28:06
  Speaker 3: set that you already have. You know, just Google it.
• 28:09
  Speaker 3: But like I said, desire is infinite, resources are limited,
• 28:12
  Speaker 3: and you need to adjust your lifestyle expectations into something
• 28:15
  Speaker 3: that you can actually afford. If rent is more than
• 28:18
  Speaker 3: like a fourth of your income, then you may be
• 28:20
  Speaker 3: moving back in with your parents or finding a cheaper
• 28:22
  Speaker 3: place to live, or team up with some roommates to
• 28:24
  Speaker 3: lower the cost. Speaking of Asmongold, one of the interesting
• 28:27
  Speaker 3: parts of his character is that he has millions of
• 28:29
  Speaker 3: dollars and yet spends almost none of it. If Asmongold
• 28:32
  Speaker 3: can figure out how to live astronomically below his means,
• 28:36
  Speaker 3: then you can figure out a financial strategy that you can, one, afford,
• 28:40
  Speaker 3: and two, allows you to build wealth. Living paycheck to
• 28:43
  Speaker 3: paycheck is not freedom, so it's time to pull yourself
• 28:46
  Speaker 3: out of that cycle. And when lots of people do that,
• 28:48
  Speaker 3: and when they teach their friends and family how to
• 28:50
  Speaker 3: do that, we'll have a great society. A lot of
• 28:53
  Speaker 3: societal problems will fix themselves when people stop overspending. Anyway,
• 28:57
  Speaker 3: thanks for watching, follow me on Twitter, and I'll see
• 29:00
  Speaker 3: you in the next video.