I'm Financially ruined... Life updates and my BIG plan

So today I thought I'd do a quick little

update video because obviously I've been

streaming every night and I know most

people or a lot of people just don't have

the time to watch a 6-hour or 7-hour

livestream to catch up on what's going on.

So I thought I'd make a short video to

quickly or shortly briefly update you on

what's going on in my life.

Okay, so first of all, my house.

My initial tenancy agreement is until the

beginning of July.

It's currently nearing the end of May.

So when my tenancy agreement is up, I'm

not really sure what's going to happen.

According to the contract, just because

the tenancy agreement comes to an end

doesn't mean that I have to move out.

Apparently, after the initial period of

time that has been agreed in the contract,

it will then move to a monthly rolling

basis of which either— well, it would only

be canceled if either I want to move out

or my landlord wants me to move out.

So hopefully I get to stay.

I don't really want to leave because I

quite like living here and it'll be a big

pain in the backside to have to find a new

place to live because now I've got all

this furniture.

I've got a sofa, I've got a bed, I've got

all this stuff.

Tables, desks, chairs, all that kind of

stuff.

And I would either have to move it all

back to my mum's house if I decide to move

back to my mum's house, which I don't want

to do.

That's like the last resort, last thing I

want to do.

Or I would have to sell all the stuff,

like put it on Facebook Marketplace, get

people to come pick it up, give me some

money, or even take it for free if I'm

that desperate to get rid of it.

Or I would have to get a new rental

property and then get a moving company to

move all my stuff to the new place and

hope that the new place is as good as this

place.

This place place is pretty good.

I think this place is almost perfect.

It's got everything I want in a house, so

I think it's pretty unlikely that I'll

have to leave.

I think they just want someone to live

here and pay the rent, which I'm perfectly

happy to do, and that's what I want to do.

It would just be a bit annoying if I had

to leave, and I know it's a possibility,

and you have to factor in worst-case

scenarios and be prepared for it.

And if I did have to leave and get a new

place, I'd have to move money around and

try and prove that I meet income

requirement checks to be able to rent a

place similar to this.

It's just a bit annoying.

But yeah, if I did have to move, I'd

probably just get a new rental property in

this area and move all my stuff.

I just don't really want to do this whole

living in Asia, traveling around Asia,

moving around different countries every

few months.

It's too expensive.

It's too tiring.

I can't have nice stuff like a nice big

monitor because I need to travel light.

Obviously, I can't have big things.

I would have to have everything fit inside

of a backpack.

And I just don't really enjoy that

lifestyle anymore.

Trying to find a woman in Asia to move in

with and live with.

Not really something I'm interested in

anymore.

And I'm more interested in just having a

nice, stable, comfortable life in the UK

and focusing on making money so I can

afford that life.

That's my, my main priority, my main goal

as of right now.

So I guess you have to wait until July to

find out what my living situation is going

to be and what's going to happen to my

tenancy agreement with this house.

Okay.

Next, when it comes to my debt repayment

plans and my credit cards, here is

basically what's going on.

I owe about £5,000 to my Amazon credit

card.

Currently it's at 0% interest and that

ends in July.

So I really need to pay off this credit

card by July and I've got about $4,400 in

stocks and crypto, which is nearly enough

to pay off the entire credit card.

So what I'm banking on is that the stock

market crashes.

So my main 2 stocks are Barrick Gold

Mining and I've got some money in a triple

leveraged SPY short ETF, which basically

means it makes money if the market goes

down.

Currently the market's been going up a lot

and that's not been very good for me.

And I also have some Ethereum, but that's

just like £400.

So basically I need the market to crash or

come down a bit for my SPY short leveraged

ETF to go up, and also for gold to go up

it kind of needs the markets to come down.

So I'm kind of banking on hoping that the

market is going to come down, have a

correction, a pullback, and I'll make 10

to 15% gains on my £4,400 stock portfolio

amount, and that will get me up to over

£5,000.

And then I can just set it all and then

pay off all the credit card all at once

and just get over and done with.

This whole credit card and debt thing has

been this massive dark cloud over my head

since 2023, and I just, I can't wait to be

done with it.

It's been so frustrating constantly living

with a massive amount of debt.

It all happened in 2023 when the HMRC, or

the UK's version of the IRS, found out

that I didn't report my taxes properly

back when my YouTube was doing very well

in 2020, 2021.

Apparently according to them, obviously

through no fault of my own, I

underreported my earnings.

They found out, they gave me a massive tax

penalty of like £15,000 plus about £7,000

of interest on late payments due.

So I had to borrow money from my mum and

she helped me pay off the tax penalties.

And then I bought a very expensive car,

which was kind of stupid, thinking I was

going to do delivery work and get a job to

pay it off.

That didn't last very long.

So then I had to pay

monthly payments on a PCP contract for the

car, which was ripping me off with insane

interest of like, I don't know, 30 to 40%

interest on the payments.

And I would have had to pay a total of

£19,000 on this car if I had stuck with

the payment plan until 2029, I think, or

2028.

Yeah, I would have had to pay £19,000

total on a £13,000 car.

So she also sent me money so I could just

pay off the car all at once and not have

to pay the interest.

So in total, I paid about £15,000 for the

car.

So

now owe my mum about £19,000 in total and

about £5,000 with the credit card.

And for the last 2 years, I've just been

constantly living this life of worrying

about paying off debts.

And the main debt I was worried about was

the credit cards.

And I think I should be able to pay off

the credit card, the last one, because

I've already paid off the other credit

card, which is the one I used to buy the

car.

So I gotta pay off this Amazon credit

card.

I think I should be able to pay off in

June, which I think is when a market crash

is going to happen.

And then the only remaining debts would be

the £19,000 I owe my mum, and I'm going to

pay that back with my 2-year plan.

So currently, unfortunately, as you may

know, I lost my job at Every, which is

probably about £700 a month after expenses

of lost income that I don't have anymore.

So I'm only relying now on OnlyFans, which

is making about I think I can expect it to

make about £400 to £500 a month.

And then also my YouTube obviously makes

about £1,000 to £1,200 a month.

So I'm hoping to make about £1,700 a month

and my expenses are about £1,100 to £1,200

a month.

So I'm hoping that I'm going to have about

£400 to £500 savings after expenses after

each month.

And then I'll put that £500 back into the

stock market to rebuild my stock portfolio

because my stock market portfolio is going

to be completely gone after I sell

everything.

So then I have to rebuild it and then put

£500 a month into the stock market.

And then I'm hoping that after about a

year or two, I'm going to have enough

money to be able to pay my mum back.

But before doing that, there's something

very important I have to sort out.

So the thing is, to be able to rent a

house like this that costs about £900 a

month, you need to be making 2.5 times the

rent as your monthly income, which yearly

is about £27,000.

Now, obviously, I don't make £27,000.

I make roughly £18,000 to £20,000.

So I'm short about £7,000 or £8,000 in

income.

So what they let you do is they let you

add your savings to your income to make it

up to the £27,000.

So that's how I got this place in the

first place.

I had an earnings of about £17,000,

£18,000, and I added £9,000 of cash

savings.

To it.

So that allowed me to pass the

requirements of the income check.

So I managed to do that by borrowing the

money from my mum.

And obviously things with my mum are not

very good at the moment.

We are not on talking terms.

And if I have to move out and get another

place, I don't want to have to ask my mum

to bail me out again.

So I want to have my own £8,000 to £9,000

emergency fund.

So if I have to rent another place, I can

do it myself.

I can add my £18,000 that I made last year

plus about £8,000 or £9,000 in savings to

make it up to the £27,000-£28,000 a year

income check that I would need to have to

rent another place that's similar to this

place in price point.

So my main goal after paying the Amazon

card— stupid hair on my neck's tickling

me— so my main goal after paying the

Amazon card is to rebuild £8,000 or £9,000

in savings, although it's not going to be

in cash, it's going to be in the stock

market.

So I'm going to funnel all my money

directly back into stock market and build

up to £8,000 or £9,000.

Now you think, aren't you gonna give that

£8,000 or £9,000 to your mum?

No, I'm gonna keep it because I need the

£8,000 or £9,000 as a safety net in case

worst-case scenario happens and I have to

move out.

So once I have the £8,000 or £9,000 in the

stocks, anything above the £8,000 or

£9,000 I will then give to my mum.

So if I've got £8,000 in stocks now and

then I've got an extra £500, I will give

the extra $500 to my mum until I've paid

off about $10,000.

And then basically I just need to pay off

the other $9,000 without using my

emergency fund.

So I need to create the emergency fund

first because that's really important.

So following that plan, it's going to take

many years to be able to pay back my mum.

And I know that's very slow, but

unfortunately for me, being able to easily

get another place to live in case I lose

this place is my number one highest

priority right now, is to not become

homeless and live in my car.

So I need to put in safety checks and like

safety nets to, to cushion myself in case

the worst case scenario does happen, which

is going homeless.

And then when it comes to jobs, it is

really annoying that I lost the Every job.

It was a very easy job.

The extra £1,000 a month was really

helpful and it could have accelerated my

financial goals greatly.

Unfortunately, I lost it because the

stupid YouTube channel keeps ruining my

life and I got fired because of my Amazon

Flex videos.

According to them, they said to me that

loss prevention team has found me to be a

security and parcel risk due to the videos

I made regarding Amazon Flex delivery and

parcel work in general.

So I don't know specifically what they're

talking about because I didn't steal any

parcels.

I don't see how I'm a security risk.

And that was with Amazon.

Why they're firing me because of something

I did when I was working for Amazon is

stupid.

I didn't get fired for doing something bad

whilst working for Every, but they use the

Amazon videos as an excuse to fire me.

So it's kind of stupid and annoying, and I

don't really want to get another job

because, to be honest, my life goal is not

to get a job.

It's to make money online and live a

comfortable lifestyle without having to

deliver hundreds of parcels in my car and

destroy my vehicle and be on the road all

day long.

I do not want to do that for a living.

I don't want to have to get a job either.

I want to be able to work from home.

That's my ultimate life goal, and no woman

is ever going to stop me from trying to

achieve that goal or work towards that

goal.

I don't how hot you are or how good the

cereal is, I'm not sacrificing my ability

to make money online just to maintain a

relationship.

You're either with me or you're against

me.

And if you're against me, then if you want

to break up with me, I don't care.

Get out my life.

I don't want to get a job because, okay,

yeah, I'm lazy.

I don't want to go out in the morning when

it's cold and raining.

I don't want to have to work with people

because people are annoying.

And from my personal experience, jobs are

very unreliable.

You get fired, you get banned, you end up

working with people you can't stand.

And then you have to leave.

That kind of rhymes.

But yeah, if I do have to get a job to

make ends meet because my online income is

not enough, then I guess I will have to

suck the bullet and get a job and maybe

I'll get a part-time job or weekend job

doing something at Tesco's or Sainsbury's.

I don't know.

It's just I'm not going to go back to my

mum's house if I run out of money.

I will just probably have to get a job.

Unfortunately, I'm hoping that's not going

to happen, but I'm accepting that could be

a possibility.

So yeah, that's basically what's going on

recently.

Sorry if you haven't been able to catch up

because all I do at the these really long

live streams now.

And I think the key dates to look to are

June and July.

We're looking for a market crash in June

to give me an extra 15% in my portfolio,

to give me the money that I need to pay

off my Amazon credit card in total and a

bit more.

And we're also looking at July, which is

when we find out what my living situation

is going to be in regards to my tenancy

agreement.

So those are the 2 key dates we're looking

for, June and July, upcoming very soon.

And then after July, we have some plans.

I have a girl from Canada planning to come

and visit me in about August.

I'm hoping to raise some money to be able

to fund that because we need to buy the

plane tickets so she can come over here.

And we're going to make some content on

YouTube and OnlyFans and hopefully have a

lot of cereal.

So after that, August, I don't really— we

don't really know what's going to happen

after August.

We're just going to have to play by ear, I

guess.

So thanks for watching.

Goodbye.