Ok, Bill is a nickname for anyone named William. Kind of like Bob comes from Robert. So OP was referencing monthly debts and his friend was being funny. I assume 4:37 says wills because that is what determines what daddy really thought of you. As layed out in his Last WILL and testament...or he is a jiblet head and didnt know bill and will can be the same guy because it's basically the same name...short for William.
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