 What is going on everybody? It's Friday It's my first day off in fucking ages or it seems like it And we've got a few things to do today. So if I don't get them done, I'm gonna be really fucked off So let's hope I do. I just had a shower. I'll be hitting the gym sometime today But I've had a few things in my mind lately, which are finance related so I Did I did say in a previous video that Having a mortgage is is making my finances not not so good anymore. Well, it's not the mortgage. It's not it's really not the mortgage I mean, I'm paying three seventy five a week To have my place But then on top of that you've got rates. You've got body corporate fees. You've got insurances I've got my car payment. I've got health insurance. I've got I've got two gym memberships I've got a credit card that's maxed out, you know, so it all mounts up So today basically I'm planning on ringing every single place Getting the phone number ringing every single place and putting my payments on the same date of the month if I can So then basically I know that on that day of the month this much money is coming out and it's not coming out periodically, you know You know different days each month different amounts like I've got no idea where my fucking money is going to be honest with you I know I've got all these covers all these bills and stuff, but I just don't know where it's going or when it's going Or how it's going. So that is my first first mission today is to sort out my bloody bills and Try to get them in line because yeah, it's just a it's a bit of a head fuck And also because I'm actually in a position where I think I may be able to buy a second property. So what I've basically done is I've Decided not to put all my cash Onto my credit card and onto my car and everything and get down to and and pay it off I've basically decided to save my cash have them in an account and then keep like just just keep those debts At bay, you know what I mean like so just pay pay interest The principal is not really coming down But what I've done is saved my cash in other accounts and now I've got an amount That's at least five percent of a deposit of a second place Because when I first bought my place that my main goal was to buy a second one as soon as possible. So Yeah, it's it's I've basically Ignored all my other bills and and saved up this cash So now I do have a deposit to buy another one and now I'm just deciding what is the best the best route to go Should I use most of my cash? to buy a second place get into another a bigger mortgage, but You know with the vision of maintain like having these two properties on my on my books Getting again in another in a better position another six months buying another one getting another position another six months Because if I go and spend all my cash to on bloody debts, it's putting me like what the fuck it's all gone I can't even use it for anything. You know like there's a good debt and there's a bad debt So credit cards are bad debts But I can't face putting 10 grand on a credit card when it's taking me fucking six months to save That's like No, I'd rather have that credit card there the banks only look at the actual the actual limit They don't even look at how much you've used of it So I could have a 10 grand credit card there with no with no balance on it And the banks would still look at me negatively for having it So I'm gonna keep that there and use the cash as a deposit on a second house. I'm pretty sure that's what I'm gonna do So that is exciting but it's also a little bit stressful so I need to so before I do anything like that I need to sort out my bills sort out my payments and know exactly what's going on in my financial life So that's what we're gonna do So I'm gonna get myself some caffeine and then I'm gonna sit down at the computer and Sort this shit out once and for all