So I'd like to point out, if there was any question to the legitimacy of Phil's lack of funds, this pretty much solidifies it. He may or may not be overdrawing, but rolling in cash? No sir. You don't fall into debt like this if you have cash to burn.
But it does make me wonder, just how much crap has this manchild bought in his earning years? He definitely didn't donate, he never lavished his soul maids with diamonds or perfumes. Even his living conditions aren't paid off. He doesn't show any signs of former wealth.
My guess is pay to win games. We already know he was into at least a wrestling themed one ages ago. Maybe the only way he could feel like a winner was to sink thousands of dollars in mobile games? Just a thought. I'd kill for his card statements from the last decade.
I don't think anyone believes he's rolling in money, but there's certainly no way he's only making enough to scrape by. ~$10,000 a month is more than enough to live comfortably, even after taking all of his expenses into consideration. He makes six-figures with no kids, and a roommate that works for her own spending money. I think he even said a couple of weeks ago that he's not "financially destitute" to some dude cheering about Kat buying a new video game. Yet every stream he sure tries to make it sound like he is.
The narrative of this dude being some dead broke motherfucker living in a $250,000 house without even having $20 to spend on a video game is fucking laughable. He somehow doesn't have enough money to pay for the products that he makes money off of -- that he writes off on his taxes for the business; yet he somehow has enough money for shit like taking his wife out to different restaurants on his days off.
That's not what struggling is. This shit is why I wish I could find the full length double cheeseburger story he told again -- because the shit is so far out of touch with the reality actual dead broke motherfuckers live in on a daily basis. I know single mothers working dead-end jobs with multiple kids that need less financial support than this dude. Phil has absolutely no understanding of what it truly means to suffer financially; even assuming these short-term crises have a snippet of truth to them (as he likes to say), an adult nearing their fucking 40s would be doing what they need to do in order to rectify the situations they're facing. If you were actually concerned about the interest of your family (again, as Dave likes to say he is), you would be trying to do your best to accommodate the needs of the people you claim to care about. Sometimes the best solutions aren't the ones you want to take; but you still have to nut up and deal with the shit because that's what an actual man fucking does. You downsize, you cut back, you make the sacrifices necessary to prepare yourself for the future -- no matter how hard they might be at that time.
People like to claim Phil has this unnatural perseverance, that Phil can survive anything thrown at him; in reality, his longevity is only a result of his complacency. It has nothing to do with smart decision making, and nothing to do with his work ethic. Phil has no shame, no pride, and no longer any outs. Phil only survives because he's okay with enduring the shame and disgrace others simply weren't willing to put themselves through. It's not impressive, and it's not an accomplishment. Phil is too big of a fucking pussy to break out of his comfort zone, and too lazy and immature to act like a fucking adult and get his shit together.
This post is getting long though, so I'll leave it at that. My guess is that retarded amount of credit card debt has finally caught up to him, on top of whatever else -- and now he's desperately trying to do what he can to keep his house of cards from falling. Not fixing anything in the long term, he's years late on that. Just enough to keep everyone off his back for another month without having to lose the comfort of his current lifestyle. Since the begging script has been working for him for a few years now, like every other successful gimmick, he's trying to milk the shit until it's fucking bone dry. The way Phil is living right now is objectively unsustainable, and the opportunities he's had to save himself have long passed. I don't know what his end game is here, but I know for sure he doesn't know it either.
How 200 IQ Business Degree Man handles his finances:
