Caleb Hammer, a financial advisor and creator of the YouTube series "Financial Audit", joins Theo to discuss the challenges of personal finance and the importance of financial literacy. They dig into how his own money struggles inspired his channel and highlight the spending habits that lead Gen-Z into debt. The conversation touches on cultural influences on financial decisions, from car dependency to the allure of extravagant experiences, all while emphasizing the need for better financial education among young adults.

Caleb Hammer, host of Financial Audit, gets audited by the Money Guy. Topics include financial struggles, retirement savings options, real estate investing strategy, tax incentives, buying a car with cash, consolidating investment accounts, emotional toll of holding individual stocks, and the prospects of Tesla's self-driving technology.

Financial influencers on platforms like Instagram, YouTube, and TikTok are gaining popularity as sources of financial advice. Caleb Hammer, a YouTuber with 600k subscribers, conducts financial audits to help people budget better. Hannah Rimm and Alexandra Koster run the Money Diaries feature, receiving numerous submissions weekly. Sharan Hegde from Bangalore has over 4 million subscribers on Instagram and YouTube combined. The podcast explores the rise of 'finfluencers', the impact of social media on financial education, and the concerns of unregulated financial advice.

Caleb Hammer discusses his dream of making $15,000,000, his dislike of being a YouTuber, working two jobs while pursuing music, financing his furniture, the messed up used car market, America's eating problem, the overlooked expense of housing, his personal financial struggles, and his perspective from growing up poor.

Caleb Hammer, a no-nonsense personal finance expert, dives into the most common money traps people fall into. He discusses how subscriptions and mindless spending keep individuals broke and the psychological factors at play. Caleb shares insights on accountability in finances and emphasizes the importance of maintaining a balance between enjoying life's little pleasures and discipline. He also touches on managing unexpected expenses and the significance of having an emergency fund, especially for pet owners.