Gym Bro Is Going To Die In Poverty | Financial Audit

Summary by Krater

A personal trainer and gym owner from Dallas, Texas, undergoes a financial audit, reviewing his business income, operating expenses, debt, and personal expenses.

From the video

Answers: How does a personal trainer and gym owner manage his business and personal finances?

• personal trainer finances
• gym business audit
• credit card debt and interest
• business operating expenses
• monthly budget analysis
• business loan debt
• income and expense breakdown
• financial health score

What it concludes

• The guest's financial score across spending, debt, retirement, emergency, and real estate is 0 out of 10.
• The gym business brings in 10,000 dollars per month in revenue with about 2,000 dollars in operating expenses.
• The business has significant debt, including business credit cards, personal loans, and equipment financing.
• The guest's personal credit card carries a balance of 4,898.59 dollars with an APR of 29.99 percent.
• The business credit card carries a balance of 12,691.64 dollars with an APR of 29.99 percent.