In real life, chum is made out of other fish and bones. It is used for fish bait. An error throughout the series is the Chum Bucket missing across the street from the Krusty Krab, with something else taking its place or there simply being an open field of sand instead. This usually ...
Krab's insults and he quits, bragging about how easy it will be to find another job. But of course, it's not and Squidward falls upon hard times. He goes though all his savings and is dirt poor. Having no where else to turn, he asks SpongeBob if he can crash at the Pineapple ...