Name: The Financial Advice Caleb Hammer Wants Every Young Person to Hear
Uploaded: 2025-03-17T19:07:21.000Z
Description: Watch the stand-up comedy video 'The Financial Advice Caleb Hammer Wants Every Young Person to Hear' from Theo Von Clips on Comedy Buff. Published 2025-03-17. Transcript available.

Watch the stand-up comedy video 'The Financial Advice Caleb Hammer Wants Every Young Person to Hear' from Theo Von Clips on Comedy Buff. Published 2025-03-17. Transcript available.

what do you um what do you think is the number one thing that's preventing uh
gen zers from working or do you think we already talked about that let me see
where we're at right
now well i mean honestly uh 60 to 70 percent of americans say that they're you
know they report
feeling stress about money 60 to 65 say they are living paycheck to paycheck 50
to 60 percent
can't cover a one thousand dollar emergency one and four have no retirement
savings median 401k
balance is 30 000 like i mean there's a lot of things that people got to catch
up on and the big
thing that kind of sucks and this is where i do feel bad for any younger
generation where college
is getting more expensive life gets more expensive i mean that's what happens
um you need to start
saving as hard as you can because like income's not your biggest wealth
building tool as dave ramsey
says i'd say that time is because you need time in the market to let it grow if
you put a dollar in
at 20 it's worth so much more than a dollar in at 30 but the more expensive
things are and the the more
we treat you like a child who doesn't have to work and it's okay to take your
time after college and
it's okay to go into that and it's okay to do all this stuff the further you
are from not only putting
money towards retirement but covering the one thousand dollar emergency or
paying off the debt that's
eating 30 percent interest by year yeah the more you have that the more that
that mentality is accepted
and nurtured and becomes like a habit then surely the further you are from if
you're not even taking
care of your responsibilities or you know hitting like a bottom line or
breaking even um then yeah
you're certainly not gonna be investing exactly i just want people to realize
that they're in a
better place than they think they are you know that's kind of one thing we didn't
really talk about
okay is that i you know i don't want to like like just like glug glug on i
agree i agree i don't
want to be negative only yeah yeah this is there's a lot more opportunity that
people aren't willing
to accept we're in a very doom and gloom right now where everyone again we
talked about the victim
thing earlier and everyone's like it's impossible to get ahead it's a why do
anything because
everything's so hard right now and obviously inflation was brutal especially
when it was nearing that like
9 but like we just had yesterday yesterday before we filmed this 256 000 jobs
added in the last month
when they expected 155 000 like unemployment rate at 4.1 percent here we have a
gdp 19 or 25 trillion
dollars where in the uk germany japan we're looking at three to five trillion
dollars gdp per capita here
70 to 80 000 uk 47 000 you know there's a lot of opportunity here i don't want
people to just
really always beat themselves down and i know yeah like my shows it is on the
negative side because
the their finances are really bad but i want people to know they do have more
opportunity out there
if they're willing to take a little bit of risk yeah yeah and i think that i
think there's this
pressure probably especially with the younger generation to put you have to put
your life on a
social media right and so then you would be you would feel more shame about
having certain jobs
because you wouldn't want to put that reality on the social media where like
when i was in high school
or in college you didn't that wasn't a thing it was like you didn't i mean
social media was coming up
but it wasn't like that it wasn't like you didn't have um you didn't have that
immediate reaction
with people like ripping you or uh roasting you or or or um making funny online
so i think that that's
a different thing where it's like oh man not what will i think of this job man
what will other people
think if i post about this job or if i live in this world and i think that that's
where you can just be
creative if you do want to post about your job be funny about it be like you
know what i'm saying
and um and also you have to just realize like it's the shit that you don't want
to be doing that's
when you sit there and your brain thinks up the shit you do want to be doing
dude yeah when i was
doing shit i did not want to do dude that's when my brain was getting inspired
bro i mean my brain
was like and that's when i got to see what my brain even was my brain was like
we're gonna figure this
out my brain started to surprise me with ideas and thoughts and um so i think
that yeah you have
to like just know that sometimes you feel like man i'm in the dirt but you're
really in the soil kind
of type of vibe you know yeah i like that mentality there's a lot of shame in
certain jobs right now
and yeah and we put it on it's like just put the fries in the bag it's like
sure but dude i used to
just put the pizza in the box forever you know what i'm saying like we had a
and it was a blast dude
yeah i delivered jimmy john's for like six years oh really yeah it was great i've
taught i've had
jimmy john on this podcast yeah as a business entrepreneur big dude yeah great
dude man very
big i saw him three weeks ago yeah so it's just like you just never know where
you're gonna be
you know like i mean you just don't you know jimmy john's my favorite sandwich
you almost got hit
running across the highway to get a couple months
Thank you.