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[MUSIC PLAYING] Brought to you by the EveryDollar app. Start budgeting for free today. How can I better budget my money? I feel like I'm in a pickle. I make decent money. In fact, I think I make real good money, and there's really no excuse why I should be broke. Well, what's really good money? Well, let's see here. Last year, I did about 270, about 280 a day. And the year before that, I did about 2 or 330, about 330. And I'm in sales, so I average on a bad year. I'll hit 100. My best year, 330, I average about 200. OK. Great. Can I ask what kind of sales? So I'm a freight broker. I work in a trucking. Sweet. All right. Is it just you? Do you have a family? Yeah, wife and five kids. Wow. That's why you be broke, Jordan. You got lots of mouths to feed, my man. Yeah, sure. Oh, and my two nieces live with us now too. Why not? Why not? Wow. And so I'm guessing your wife's not working, or is she taking care of the kids? Tell me more. Yeah, she's a stay-at-home mom. She takes care of the kids and holds down the castle. OK, so she's queen of the castle. You're making 280,000. You said, how can I budget my money better? Are you using a budget? Or is that something you know you need to start? Yeah, it's something I know I need to start. I was doing good for a while. And then my buddy mentioned, he said something about, oh, yeah, you got to get those Dave Ramsey book. And I thought he was talking about the chef. I said, no, I don't need to know how to cook. He said, no, not Gordon Ramsey, Dave Ramsey. And he just kind of gave me some insight. I googled it. And there was like 20 books, and I didn't know where to start. And there was a phone number, so I called it. And-- James, pick up. I'm just kidding. I'm going to get there. And what happened? So what did you-- So I was doing good for a while. I paid off my cars. I was saving money. Paid off the truck. Paid off the car. Paid off like 80% of all of our credit cards to get my-- Did you cut up the credit cards? No, I still have about five of them. All right, so do they have balances? One of them has-- so my wife has an older one that's about 17,000, 18,000. And I have one that's currently about 10 or 11. OK. OK, what else? What other debt do you have? And that's it, though. We sold our house. We just rent. Oh, gosh, so it was like that. Did you sell your house because it was a drain on you? Or because of another reason? Yeah, it was-- we got-- I ended up getting like this some kind of loan where the-- it started off at 3%, but then it fluctuated OK, adjustable rate. Yeah, OK. So you're out of that. You're renting now. This is a wonderful time for you guys to just hit reset. If I'm you, you need to pay off these credit cards. You need to cut them up today. If I told you right now, if I said go get those credit cards and cut them up, would you do it? Seriously? Yeah, right now. 100%. Unless you've given up on your question. You know what? Yes, I would. Do it right now. Go get 'em, bro. John and I, we'll fill the space. Go get those cards. I'm a hard-to-racian right now. I'm a hard-to-racian right now. We're-- And listen, your heart's racing. I want you to feel that, because that is the security you have outsourced to that stupid piece of plastic. And the power we're trying to give you, as the great rage against the machine, said, I want you to take your power back to where you are your own bank. You have an emergency fund sitting in a savings account that if anything happens with you and those 117 children that you have, that you're fine. You got no worries, because you're your own bank. But you've put all of your hopes and dreams and potential. You're going to bail me out on Visa, man. And they don't deserve that role in your life. That's so true. Do you have any cash like around? Do it? Oh, my bad. We asked you two questions. You got any cash? I have about 900 in checking in a $100 in savings. Perfect. That's perfect. That's all you need for right now. Because we're going to get you on the track to answer the question that you called in with, is how can I budget my money better? The first step to budgeting your money better is putting your money back in your pocket and stop giving it away in debt payments every month. Stop giving it away to credit card companies. And you go from being a dependent person, a person who's dependent on credit cards to a person who's independent on the money that they have. So, case in point, you got those bad boys ready? Yeah, and I thought I have five. I have six. Oh, even better. They're having their own babies in there, man. You've got a fertile, fertile house going on there. Here's what I want you to do. I want you to tell us the name of the card as you're cutting it up and tell us once it's clipped. Hold it up. Say, American Express gone forever. Clip it. Do you want to use the card shredder or, you know, use the card shredder. I'm safer from my money. Hold on. I've got the card shredder right here. All right. Turn that bad boy on. Turn it on, crank it up. All right, here it is. All right, this one's a US bank. Let her go. Bye, Felicia. There it is. And then I got two clerks. You look cool. I got another clerk. You got enough khakis, brother. You're good. Khakis. No, then I got freedom unlimited. Oh, you're about to find your own freedom. Come on now. I got capital one, venture one. Oh, what's in your wallet? Money. Well, OK, that's your one platinum. Oh, that felt good when they mailed you that one. You felt like you was somebody, didn't I? I did. Yeah, let it go. Shred him. What else you got? Oh, my god, there they are. That's it. That's all six. Dude, that's it. Is that your wife, Ellen? What are you doing? I need you to see. There is a whole-- Dude, Jordan, there is a whole studio audience of people here at the show. They are cheering for you. They are ripping their shirts off. You're so proud of what you just did, because those people know that you just changed your life. I feel like I'm going to throw it up. I know. Never forget this feeling right here, ever. Never. Game on? Yeah, game on. Game on, brother. Game on. When's your next paycheck come? Next Friday, all my bills are due. And I don't think I have-- You're going to make this happen. You got it. You've got your emergency fund. We're going to give you everything you need when we get off this call. You're going to have every dollar. We're going to hook you up with the coaching that you need. You're going to do everything you need to get on track. We're going to get this bills paid off. We're on it now, because the key to getting out of debt is you can't keep creating it. You can't keep depending on it. It can't keep being that security blanket. And when you rip that off, John, you feel it. That's exactly right. And, brother, listen, we're going to get, like she said, we're going to give you total money makeover the book for free. We're going to give you a year's subscription to every dollar that attaches to your bank so you and your wife can learn to budget together for free. We're going to hook you up with a phone number so you can call a financial coach, and you can help you figure out which bills and how to tell this creditor we're going to move this one to over here to help you navigate what's coming your way. Yes, they will pick up when you call. But listen, today is your first step towards being free. Really free. Today is your first step taken back to your house. You make a quarter million dollars. I want you to feel like it. Proud of you, my brother. So proud. Few people would do that. This guy's bought in. Create your free every dollar budget today, the simplest way to budget for your life.
