DSP's Loan & Savings Company -

neger psykolog

moon goons for communism detection
True & Honest Fan
kiwifarms.net
Since DSP's finances are starting to become a large talking point, I'm stickying this thread. I'll also copy some informative posts from the megathread when I get a chance.

This place is a discuss to keep track of Phil's financial situation including:
  • tax/loan/debt amount speculation
  • income from sources speculation
  • gin expenditure speculation
 
Last edited:

JamFlowMan

kiwifarms.net
Good idea as this will be a common topic through January at least. Like all Dsp emergencies it is fun to speculate but skeptical this will lead anywhere other then another bill Dsp will make minimum payments on for years to come. Actually it will be his fans making those payments since he already changed his tune from only wanting moral support to hoping there is some "wealthy investor" who watches his channel that can foot the bill for him.
 

Adamska

Last Gunman
True & Honest Fan
kiwifarms.net
The shyster makes 6k a month; he'll be fine though he'll bitch all out given how he might finally have to ration out his money.
 

EddyB43

kiwifarms.net
Since this is all about the finances, let's see how well crying about your business tax issues actually pays.

20171123-01 Hate Live 43 Thanksgiving:
*$21.65 from GoldenColts, $90 in $10+ cheers including 2x$25 cheerleader, >60% cheering.*
*A $300, 4x$100 & $50 big tips. $786 total tips >55% of all previous tipping this month.*
Twitch income total: Subs ~$41 & cheers ~$148.40 & tips ~$786 = ~$975.40
Twitch income total to this point: Subs ~$395.50 & cheers ~$1619.66 & tips ~$2141.35 = ~$4156.51
20171123-02 NfS Payback 5th:
*As a counterpoint, this tiny amount of cheering is just under 1% of cheering for the month so far.*
Twitch income total: Subs ~$5 & cheers ~$16.05 & tips ~$38 = ~$59.05
Twitch income total to this point: Subs ~$400.50 & cheers ~$1635.71 & tips ~$2179.35 = ~$4215.56

20171124-01 Assassin's Creed Origins 10th:
*$50 cheer from new user, $10+$6.10 GoldenColts & $5+$1 from Karlis_K, >85% cheering.*
*$250, $100 & $80 tips account for all the tips, meaning $1180 in big tips since yesterday.*
Twitch income total: Subs ~$12.50 & cheers ~$80.90 & tips ~$430 = ~$523.40
Twitch income total to this point: Subs ~$413 & cheers ~$1716.61 & tips ~$2609.35 = ~$4738.96
20171124-02 Mario Odyssey 10th:
*2x$25 cheers from different people & $10 from a 3rd, plus $6 total from GoldenColts >90% cheering.*
Twitch income total: Subs ~$10 & cheers ~$72.30 & tips ~$6 = ~$88.30
Twitch income total to this point: Subs ~$423 & cheers ~$1788.91 & tips ~$2615.35 = ~$4827.26

Overall these 2 days paid ~$68.50 in subs, ~$317.65 in cheers & ~$1260 in tips, ~$1646.15 overall.
 

Confidential Baldwin

kiwifarms.net
Since this is all about the finances, let's see how well crying about your business tax issues actually pays.

20171123-01 Hate Live 43 Thanksgiving:
*$21.65 from GoldenColts, $90 in $10+ cheers including 2x$25 cheerleader, >60% cheering.*
*A $300, 4x$100 & $50 big tips. $786 total tips >55% of all previous tipping this month.*
Twitch income total: Subs ~$41 & cheers ~$148.40 & tips ~$786 = ~$975.40
Twitch income total to this point: Subs ~$395.50 & cheers ~$1619.66 & tips ~$2141.35 = ~$4156.51
20171123-02 NfS Payback 5th:
*As a counterpoint, this tiny amount of cheering is just under 1% of cheering for the month so far.*
Twitch income total: Subs ~$5 & cheers ~$16.05 & tips ~$38 = ~$59.05
Twitch income total to this point: Subs ~$400.50 & cheers ~$1635.71 & tips ~$2179.35 = ~$4215.56

20171124-01 Assassin's Creed Origins 10th:
*$50 cheer from new user, $10+$6.10 GoldenColts & $5+$1 from Karlis_K, >85% cheering.*
*$250, $100 & $80 tips account for all the tips, meaning $1180 in big tips since yesterday.*
Twitch income total: Subs ~$12.50 & cheers ~$80.90 & tips ~$430 = ~$523.40
Twitch income total to this point: Subs ~$413 & cheers ~$1716.61 & tips ~$2609.35 = ~$4738.96
20171124-02 Mario Odyssey 10th:
*2x$25 cheers from different people & $10 from a 3rd, plus $6 total from GoldenColts >90% cheering.*
Twitch income total: Subs ~$10 & cheers ~$72.30 & tips ~$6 = ~$88.30
Twitch income total to this point: Subs ~$423 & cheers ~$1788.91 & tips ~$2615.35 = ~$4827.26

Overall these 2 days paid ~$68.50 in subs, ~$317.65 in cheers & ~$1260 in tips, ~$1646.15 overall.
Good god. I bet there are panhandlers on the street who wish they had half the bs skills Phil has. Homelessness would be at an all time low.
 
I'll hit on slightly different subject, but still relates to his amazing amount of debt.

The rising property taxes in Renton and how much they will increase by.
Chart published by WA state: http://leap.leg.wa.gov/leap/Budget/Detail/2017/hoK12TaxPolicyAnalysis_0629.pdf


2018: $300
2019: $250
2020: $280
2021: $340

https://www.seattletimes.com/business/real-estate/property-tax-bills-in-king-county-are-among-the-nations-highest-and-growing-fast/


Look forward to Phil suddenly be surprised his property taxes increasing.
 

DiabeticShitheadPhil

15 bucks little man, put that shit in my hand
kiwifarms.net
Just watched the video on his planned Patreon changes in 2018. He's trying to suck more money out of people by basing the events off of how many Twitch subs he can get. He's lucky he gets what he does now. I wouldn't be surprised if this change is what eventually fucks him over on Twitch.

Phil's desperate for some of that easy tax-free money to bail him out of his latest fuckup that he's not taking ownership of, and once again blaming others. And why is he still going on about his money issues when it's rude to ask about money. I guess it's not rude to just throw your money issues onto the people watching your content and hope they throw more money at you like tossing marshmallows to that one old, fat bear at the zoo that is almost dead from marshmallow-induced diabetes.
 

LimePaladin

kiwifarms.net
Is Phil's "tax problem" just that he didn't realize he needs to pay his taxes himself? I haven't been following him for the past few months.
 

SoapQueen1

speed bump, failed business, retired tism wrangler
True & Honest Fan
Retired Staff
kiwifarms.net
Is Phil's "tax problem" just that he didn't realize he needs to pay his taxes himself? I haven't been following him for the past few months.
He had an accountant from CT doing his taxes for both CT and federal. When he moved he asked the accountant if there were any taxes for WA and the guy told him no. Instead of getting confirmation by either Googling or asking a local accountant he was lazy and took the guy's word for it. 3.5 years later he owes all of those years' back taxes.
 
Reactions: Transvaalan

Triggered Fivehead

Deactivated User
kiwifarms.net
What a shameless ass DSP is. He owns property? If money really were tight he could sell it and rent a cheaper place.

Oh wait!
 

neural

It's like 6 milli ways to die my nigga choose one
True & Honest Fan
kiwifarms.net
So with the new tax bill probably incoming, what does fate have in store for our Phil?
 

neger psykolog

moon goons for communism detection
True & Honest Fan
kiwifarms.net
Since DSP's finances are starting to become a large talking point, I'm stickying this thread. I'll also copy some informative posts from the megathread when I get a chance.
 
Reactions: ISP

actually

Supervisor
True & Honest Fan
kiwifarms.net
Since DSP's finances are starting to become a large talking point, I'm stickying this thread. I'll also copy some informative posts from the megathread when I get a chance.
Can you copy over one of the posts about his bill breakdown per month? And here's the February 2018 summary, including @EddyB43 's tip count and an estimate of Phil's youtube revenue:

Unique cheerers: 375
Total cheers: 7878
Final bit total is: $ 2820.49
Average cheer: $ 0.36
Subs: 287 (275@$4.99, 8@$9.99, 4@$24.99, 37 gifted)
Final sub total is: $ 757.50
Unique tippers: 0
Final tip total is: $ 0.00
Live pet total is: $ 0.00
Total money is: $ 3577.99

Patreon was ~$840 or so. Youtube had 1.39M views, so take the high end of $1 CPM across all videos, giving ~$1400 from Youtube, and the tips were at least $1400 (at least b/c less than $5 tips don't show up on screen and Eddy's not listening for verbal mentions of sub $5).

So all told, Phil brought in around $7240 (at least) before taxes, fees, and so on. Definitely one of his lower months overall.
 
Reactions: neger psykolog

actually

Supervisor
True & Honest Fan
kiwifarms.net
Here's a 2017 breakdown of Phil's monthly/yearly estimated knowable expenses. Knowable meaning that they are reasonably predictable bills like mortgage payments, utilities, etc. Food costs and truly random expenses (an A/C failure, for instance) aren't included.

WA Mortgage (assuming all fees as well, like homeowner's insurance): $1500 x 12 = $18000
CT Mortgage (same thing here): $1500 x 12 = $18000
Electric / Water (based on my recollection of the leaked info): $150 x 12 = $1800
Internet + Streaming Services: $450 x 12 = $5400
Federal Taxes (Estimated based on $100k self-employed income): ~$1200 x 12 = $14400
Health Insurance: $300 x 12 = $3600
WA Property Tax (didn't look this up; based on recollection): $3500 (yearly)
CT Property Tax (looked it up): $1600 (yearly)
Car Payment (total guess, aimed high): $300 x 12 = $3600
CC / Business Loan Payments (total guess again): $1200 x 12 = $14400
Car Insurance (guess): $100 x 12 = $1200
Phone (based on vague memory of post-Leanna change): $30 x 12 = $360

Totalled up, that equals a range of ~$85,860-86,360 annually, or about $7167 monthly. And this doesn't include food, games purchased, and so on. This also almost certainly over-estimates due to not considering deductions and so on. But it gives at least some idea of where the "break-even" point might be. ***NOTE: This applies to 2017 and previous.***

As @SoapQueen1 helpfully pointed out, however, the federal taxes should drop rather precipitously for DSP in 2018 under the new tax bill courtesy of the 20% pass-through for business. I'll let @SoapQueen1 do that breakdown since they seem to understand it pretty well.

Based on this, February was the first month that was actually tight for Phil.
 
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