1 00:00:21,239 --> 00:00:21,560 Music: Music In. 2 00:00:33,840 --> 00:00:40,629 KT: Thursday July 14th, one week before. What? My birthday? 3 00:00:40,640 --> 00:00:43,900 KT: It's your birthday. It's my birthday. Are 4 00:00:43,900 --> 00:00:46,050 Suze: you excited about your birthday? No, 5 00:00:47,210 --> 00:00:50,460 KT: I'm not excited about my birthday. There's only one thing 6 00:00:50,460 --> 00:00:53,390 KT: that I'm excited about and that's to go fishing with 7 00:00:53,390 --> 00:00:56,160 KT: you in British Columbia 8 00:00:57,040 --> 00:00:59,260 Suze: but you'll be okay if I can't go right, 9 00:00:59,290 --> 00:01:00,250 KT: we're going, 10 00:01:00,940 --> 00:01:07,610 Suze: oh God, everybody alright. Alright, so KT is bring everybody up 11 00:01:07,610 --> 00:01:12,020 Suze: to date since we were last on the podcast with them. 12 00:01:12,030 --> 00:01:16,449 Suze: So much has happened. We did a fishing contest 13 00:01:16,540 --> 00:01:17,500 KT: and we won, 14 00:01:17,510 --> 00:01:18,560 Suze: we did we 15 00:01:18,560 --> 00:01:22,100 KT: Tell everyone we know. Okay, so that was the July 16 00:01:22,100 --> 00:01:26,330 KT: four family weekend fishing contest. We were so excited 17 00:01:27,870 --> 00:01:29,850 Suze: by lightning. 18 00:01:29,860 --> 00:01:33,950 KT: Yeah, we won, we won the contest everyone. And we, 19 00:01:33,950 --> 00:01:36,459 KT: we even got a prize which we didn't expect 20 00:01:36,840 --> 00:01:39,180 KT: and we got a beautiful plaque. We won for the 21 00:01:39,180 --> 00:01:43,890 KT: largest snapper and the overall best anglers of the day. 22 00:01:43,900 --> 00:01:45,819 Suze: I'll post a picture of it. 23 00:01:46,060 --> 00:01:46,959 KT: Do you want 24 00:01:46,959 --> 00:01:49,050 Suze: us to post one of you? Me and Colin are 25 00:01:49,050 --> 00:01:50,060 Suze: just cola with it. 26 00:01:50,540 --> 00:01:53,140 KT: No, the one of Colo with our winning fish is 27 00:01:53,140 --> 00:01:56,110 KT: fabulous because he's so big that you can see how 28 00:01:56,110 --> 00:01:58,760 KT: big the fish was. Well no post the one of 29 00:01:58,760 --> 00:02:01,760 KT: the three of us because we're so little next to 30 00:02:01,760 --> 00:02:02,750 KT: him 31 00:02:02,840 --> 00:02:04,260 KT: that the fish will look even 32 00:02:04,260 --> 00:02:09,170 Suze: bigger. So it was a 9 pound snapper. No it was not, 33 00:02:09,169 --> 00:02:11,280 Suze: do not exaggerate Miss Travis. 34 00:02:11,280 --> 00:02:11,690 KT: It was 35 00:02:12,340 --> 00:02:15,130 Suze: Actually, it was 8.8 lbs. 36 00:02:15,630 --> 00:02:16,830 KT: Big fish. 37 00:02:16,840 --> 00:02:20,570 Suze: Listen to her everybody. But the true point of the 38 00:02:20,570 --> 00:02:24,500 Suze: matter is the next fish to give you an idea 39 00:02:24,510 --> 00:02:30,850 Suze: in that category was like £1.5. Nobody had ever seen 40 00:02:31,040 --> 00:02:32,560 Suze: a snapper 41 00:02:32,639 --> 00:02:34,169 Suze: as big as this 42 00:02:34,320 --> 00:02:35,889 KT: and we ate it. We tell them 43 00:02:35,889 --> 00:02:36,790 Suze: we ate it 44 00:02:36,800 --> 00:02:41,150 KT: the next night the next day because we we freeze it, 45 00:02:41,150 --> 00:02:43,650 KT: we don't freeze it. We put it on ice and 46 00:02:43,650 --> 00:02:46,510 KT: to brine it overnight on ice and salt water. 47 00:02:46,520 --> 00:02:51,660 Suze: But also let's tell everybody why it took so long 48 00:02:51,840 --> 00:02:54,380 Suze: to repair everything at our house. 49 00:02:54,389 --> 00:02:57,119 KT: We got hit by lightning but we told everyone that. 50 00:02:57,130 --> 00:02:57,530 KT: But 51 00:02:57,530 --> 00:02:59,109 Suze: why did it take so long? 52 00:02:59,120 --> 00:03:01,130 KT: We didn't have any. We didn't what do you mean? 53 00:03:01,130 --> 00:03:02,180 KT: Why it took so long? 54 00:03:02,180 --> 00:03:04,120 Suze: So everybody be very careful 55 00:03:04,120 --> 00:03:06,740 KT: team had to come over to repair it. So 56 00:03:06,750 --> 00:03:09,470 Suze: five people came over the 57 00:03:09,470 --> 00:03:10,700 KT: whole team 58 00:03:10,710 --> 00:03:16,470 Suze: air conditioning people, the electrical people, the roofing people. But 59 00:03:16,470 --> 00:03:16,780 Suze: here 60 00:03:16,780 --> 00:03:20,410 KT: and the computer smart house guy that that had to 61 00:03:20,410 --> 00:03:21,899 KT: string it all together. 62 00:03:21,910 --> 00:03:24,220 Suze: So here's advice that I'm going to give to all 63 00:03:24,220 --> 00:03:29,790 Suze: of you before we start the ask Suze and KT anything, 64 00:03:29,800 --> 00:03:30,340 KT: any 65 00:03:30,350 --> 00:03:34,260 Suze: podcast. Alright. Which is 66 00:03:34,440 --> 00:03:37,260 Suze: be very careful if you ever build a house, 67 00:03:37,340 --> 00:03:40,620 Suze: you buy a house and they have a smart system 68 00:03:40,630 --> 00:03:42,650 Suze: in it, which means 69 00:03:43,040 --> 00:03:45,980 Suze: that you push one button and you can control the 70 00:03:45,980 --> 00:03:50,440 Suze: lights anywhere in the house. So at night when we 71 00:03:50,440 --> 00:03:53,750 Suze: want to turn all the lights out in the house, 72 00:03:53,760 --> 00:03:57,750 Suze: I can push one button next to my bed, bam. 73 00:03:57,760 --> 00:04:00,620 Suze: I can turn on one room and the other. The 74 00:04:00,620 --> 00:04:01,850 Suze: problem with that 75 00:04:02,640 --> 00:04:05,360 Suze: is that if one module goes out 76 00:04:06,340 --> 00:04:11,650 Suze: You can't operate anything. And right now those modules are 77 00:04:11,650 --> 00:04:17,480 Suze: on backorder until February 2023. 78 00:04:17,490 --> 00:04:21,360 KT: We were so lucky that our contractor happened to have 79 00:04:21,360 --> 00:04:25,960 KT: a spare because he put the same smart system 80 00:04:26,140 --> 00:04:27,250 KT: in his home. 81 00:04:27,440 --> 00:04:29,270 KT: So we were super lucky 82 00:04:29,270 --> 00:04:32,839 Suze: That otherwise we would have been without lights till next 83 00:04:32,839 --> 00:04:38,800 Suze: February 2023. The part of the house however, which was 84 00:04:38,810 --> 00:04:40,770 Suze: you just flip on the switch and you have to 85 00:04:40,770 --> 00:04:44,430 Suze: flip it off and it only controls that room. But 86 00:04:44,440 --> 00:04:46,460 Suze: all the guest rooms, everything, 87 00:04:46,540 --> 00:04:47,560 Suze: they were fine. 88 00:04:47,740 --> 00:04:49,029 Suze: It was our half 89 00:04:49,029 --> 00:04:51,840 KT: no it was the kitchen, the living room, the dining 90 00:04:51,839 --> 00:04:56,440 KT: room and our living suite and our recording studio. Most 91 00:04:56,440 --> 00:04:58,390 KT: of all we didn't have power. 92 00:04:58,400 --> 00:05:00,360 Suze: Right? So we had power 93 00:05:00,940 --> 00:05:02,890 Suze: but then they had to disconnect the 94 00:05:02,890 --> 00:05:04,340 KT: power to 95 00:05:04,339 --> 00:05:06,200 Suze: fix the power. But anyway, 96 00:05:06,200 --> 00:05:09,260 KT: we're all good. Now ready to get on with this 97 00:05:09,260 --> 00:05:11,700 KT: and tell you everything you need to know. 98 00:05:11,710 --> 00:05:13,310 Suze: Alright then 99 00:05:13,320 --> 00:05:15,440 KT: 14 July 100 00:05:15,440 --> 00:05:18,360 Suze: But here's what we're going to do for 14 July 101 00:05:18,740 --> 00:05:22,000 Suze: for the rest of this summer. KT wants to do 102 00:05:22,000 --> 00:05:28,890 Suze: rapid fire. She is only taking small short, easy to 103 00:05:28,890 --> 00:05:31,250 Suze: understand questions. 104 00:05:31,640 --> 00:05:34,550 Suze: So if you want to get on the podcast, 105 00:05:34,940 --> 00:05:38,320 Suze: you write to ask suZ podcast S. U. Z. E At 106 00:05:38,320 --> 00:05:41,060 Suze: gmail dot com. If they're short 107 00:05:41,740 --> 00:05:44,420 Suze: or if you go on to the women and community 108 00:05:44,420 --> 00:05:44,760 Suze: app 109 00:05:45,540 --> 00:05:47,640 Suze: and they are short, 110 00:05:47,650 --> 00:05:48,299 KT: she's 111 00:05:48,300 --> 00:05:51,909 Suze: gonna select them. All right. Travis go ready 112 00:05:51,910 --> 00:05:56,520 KT: For it. Okay, so Thursday, July 14. 113 00:05:56,529 --> 00:05:58,529 Suze: How many times you want to tell them? This is 114 00:05:58,529 --> 00:05:59,510 Suze: July 14 115 00:05:59,510 --> 00:06:02,520 KT: just getting ready for my birthday. Okay, here we go. 116 00:06:02,529 --> 00:06:07,200 KT: First question is from Jennifer again, a series I bonds. 117 00:06:07,210 --> 00:06:10,740 KT: What do you have to pay tax on your contribution 118 00:06:10,740 --> 00:06:13,820 KT: and interest or just the interest earned? 119 00:06:13,820 --> 00:06:17,370 Suze: Just the interest earned girlfriend. And you only have to 120 00:06:17,370 --> 00:06:20,400 Suze: pay it on the federal level, not the state level. 121 00:06:20,570 --> 00:06:21,750 Suze: And 122 00:06:21,839 --> 00:06:24,570 Suze: you don't have to pay it until you redeem your bond. 123 00:06:24,570 --> 00:06:25,510 Suze: Next one girlfriend. 124 00:06:25,510 --> 00:06:27,360 KT: Okay, next one's from Jasper. 125 00:06:27,440 --> 00:06:30,440 KT: So, Suze, do you still think we should dollar cost 126 00:06:30,440 --> 00:06:32,400 KT: average into index funds? 127 00:06:32,400 --> 00:06:35,969 Suze: You bet I do. As long as you have 5, 128 00:06:35,970 --> 00:06:38,840 Suze: 10 or 15 years or longer till you need the money. 129 00:06:38,850 --> 00:06:44,200 Suze: It may very well be until 2027 until these markets 130 00:06:44,200 --> 00:06:48,110 Suze: truly come back. You should see your face. 131 00:06:48,110 --> 00:06:50,730 KT: I know that makes me nervous. But next question is 132 00:06:50,730 --> 00:06:51,260 KT: going to europe 133 00:06:51,339 --> 00:06:55,370 KT: Better address this one. So from Francis, Suze, will oil 134 00:06:55,370 --> 00:06:57,100 KT: stocks come back up? 135 00:06:57,110 --> 00:07:00,460 Suze: Depends. Alright, that is why a few weeks ago. 136 00:07:00,839 --> 00:07:03,100 Suze: I think it was on a Sunday. I said to 137 00:07:03,110 --> 00:07:05,370 Suze: all of you. If you have a profit in Excel. 138 00:07:05,370 --> 00:07:08,160 Suze: E if you got in a long time ago, you 139 00:07:08,160 --> 00:07:11,300 Suze: might want to think about taking it oil and oil 140 00:07:11,300 --> 00:07:13,860 Suze: stocks have come down tremendously. 141 00:07:14,340 --> 00:07:15,260 Suze: However, 142 00:07:15,640 --> 00:07:20,210 Suze: they are still paying a serious, serious dividend and since 143 00:07:20,220 --> 00:07:25,830 Suze: all of you were under total instructions. Total directions to 144 00:07:25,840 --> 00:07:29,260 Suze: only dollar cost average into anything. 145 00:07:29,840 --> 00:07:32,940 Suze: As the price started to come down, you started to 146 00:07:32,940 --> 00:07:34,760 Suze: buy it at a lesser price. 147 00:07:35,140 --> 00:07:38,230 Suze: That meant the interest that you were making went up 148 00:07:38,240 --> 00:07:41,720 Suze: and will oil return. I still think it might. 149 00:07:41,720 --> 00:07:46,410 KT: Okay, good. Next question is from Bethany. So Bethany said Suze, 150 00:07:46,410 --> 00:07:50,490 KT: could you please do a Suze school on retirement? Oh, 151 00:07:50,500 --> 00:07:52,080 KT: can I answer this? 152 00:07:52,440 --> 00:07:59,420 KT: Bethany Suze has the most fabulous new book right now. 153 00:07:59,780 --> 00:08:02,570 Suze: It's over two years old. It's new. It's 154 00:08:02,570 --> 00:08:03,740 KT: new for Bethany. 155 00:08:06,240 --> 00:08:11,120 KT: Go and get Suze's book retirement guide for 50 plus, 156 00:08:11,130 --> 00:08:14,809 KT: it's going to give you all kinds of advice whether 157 00:08:14,810 --> 00:08:18,739 KT: you're self employed, whatever you need to do and that's 158 00:08:18,740 --> 00:08:20,760 KT: what you should do. But here's her question 159 00:08:21,440 --> 00:08:21,750 Suze: and 160 00:08:21,750 --> 00:08:25,930 KT: why would a business by series I bonds. 161 00:08:25,940 --> 00:08:29,550 Suze: A business would buy it because you as a person 162 00:08:29,550 --> 00:08:33,650 Suze: want to buy more than $10,000 of series I bonds. 163 00:08:34,040 --> 00:08:36,860 Suze: So you can buy 10,000 which is the max for 164 00:08:36,860 --> 00:08:40,270 Suze: a person, you could buy $10,000 for a business, same 165 00:08:40,270 --> 00:08:43,450 Suze: social security number if you want and same thing as 166 00:08:43,450 --> 00:08:46,610 Suze: a trust. Also, I just want to say Katie, if 167 00:08:46,610 --> 00:08:50,959 Suze: you're going to buy the ultimate retirement guide for 50 plus. 168 00:08:51,340 --> 00:08:56,349 Suze: Buy it through Suze Orman dot com slash ultimate 169 00:08:56,740 --> 00:08:57,820 Suze: $10. 170 00:08:57,820 --> 00:08:59,450 KT: Yeah, that's right. $10 171 00:09:01,050 --> 00:09:01,859 KT: 25 172 00:09:01,870 --> 00:09:07,480 Suze: 17 at Amazon but it includes shipping. What a deal. 173 00:09:08,290 --> 00:09:08,640 KT: I think 174 00:09:08,640 --> 00:09:09,850 Suze: we're losing money on it. 175 00:09:10,240 --> 00:09:12,750 KT: Well, I think you all wanted to make sure everyone 176 00:09:12,750 --> 00:09:13,420 Suze: had. 177 00:09:14,160 --> 00:09:16,010 KT: We don't care about the money we want to make 178 00:09:16,010 --> 00:09:18,460 KT: sure you know the answers. Okay, Leslie. 179 00:09:18,940 --> 00:09:23,230 KT: Hi Suze. You've probably answered this question 100. 180 00:09:23,240 --> 00:09:27,680 Suze: Let me guess. It's on i bonds. It 181 00:09:27,679 --> 00:09:28,449 KT: said 182 00:09:29,040 --> 00:09:31,609 KT: should I? And and this is your you're not gonna 183 00:09:31,610 --> 00:09:35,690 KT: like this one. She recently retired. She's getting bombarded by 184 00:09:35,690 --> 00:09:40,640 KT: financial advisors everyday. Some of them say I should put 185 00:09:40,640 --> 00:09:42,770 KT: my 403 B. Into an 186 00:09:42,770 --> 00:09:43,650 Suze: annuity. 187 00:09:44,040 --> 00:09:46,929 KT: Others say annuities are not the way to go. What 188 00:09:46,929 --> 00:09:48,850 KT: is your advice, Suze, 189 00:09:49,440 --> 00:09:50,310 Suze: Can I answer 190 00:09:50,309 --> 00:09:51,400 KT: this again? Just 191 00:09:51,400 --> 00:09:53,420 Suze: tell everybody the look on my face. 192 00:09:53,420 --> 00:09:56,480 KT: You don't want to know the look on Suze's face, Leslie. 193 00:09:56,490 --> 00:10:01,110 KT: But why do you have all these financial advisors? Just 194 00:10:01,110 --> 00:10:04,010 KT: look in the mirror. That's what Suze said. That's the 195 00:10:04,010 --> 00:10:04,410 KT: best 196 00:10:04,480 --> 00:10:06,630 Suze: I say. If you want to find the best financial 197 00:10:06,630 --> 00:10:07,860 Suze: advisor in the world 198 00:10:08,040 --> 00:10:10,760 Suze: look in the mirror because why KT 199 00:10:10,940 --> 00:10:16,390 Suze: nobody cares about about your money then you high five 200 00:10:16,390 --> 00:10:19,310 Suze: girl high five high baby. All right. So, 201 00:10:19,790 --> 00:10:20,230 KT: so 202 00:10:20,230 --> 00:10:23,600 Suze: here's the thing. It depends on the needs that you 203 00:10:23,600 --> 00:10:24,860 Suze: have for this money. 204 00:10:25,440 --> 00:10:28,650 Suze: If you need this money to provide income for you 205 00:10:29,040 --> 00:10:31,870 Suze: and maybe a portion of it could go into an 206 00:10:31,870 --> 00:10:36,150 Suze: annuity that pays you income. Should you go into an annuity. 207 00:10:36,540 --> 00:10:39,559 Suze: Especially since you're in a 403 B. And you're going 208 00:10:39,559 --> 00:10:42,459 Suze: to do an ira rollover with it. Are you out 209 00:10:42,460 --> 00:10:47,480 Suze: of your mind? No way. Especially with the market's going down. 210 00:10:47,490 --> 00:10:50,010 Suze: I'm sure they're gonna say you need to go into 211 00:10:50,010 --> 00:10:53,460 Suze: a variable annuity. I would not at this point in 212 00:10:53,460 --> 00:10:56,160 Suze: time be going into an annuity. 213 00:10:56,240 --> 00:10:59,370 Suze: I'd rather see you go into a two year Treasury 214 00:10:59,370 --> 00:11:03,320 Suze: note 3 3.5% if you want to keep your money safe. 215 00:11:03,679 --> 00:11:08,679 KT: Okay. Next one is from Bill. I like this one. Bill. 216 00:11:08,679 --> 00:11:11,370 KT: I love the first line first he said he loves 217 00:11:11,370 --> 00:11:14,300 KT: the podcasts have learned so much from both of us. 218 00:11:14,300 --> 00:11:15,400 KT: But ready for this. 219 00:11:15,690 --> 00:11:19,150 Suze: You telling me that somebody is saying they've learned something 220 00:11:19,150 --> 00:11:19,540 Suze: from you 221 00:11:19,540 --> 00:11:21,600 KT: both, both of us And here you go, 222 00:11:21,610 --> 00:11:25,910 Suze: Bill, you just did a horrible thing to me. She's 223 00:11:25,910 --> 00:11:29,380 Suze: going to take her answers seriously which he should. 224 00:11:29,380 --> 00:11:33,050 KT: Here's what bill said. I'm 66 years old 225 00:11:33,440 --> 00:11:38,150 KT: And thinking forward ready when I get to 70. 226 00:11:38,640 --> 00:11:39,660 KT: Mhm. 227 00:11:40,040 --> 00:11:46,050 KT: And if I have an R. M. D. And make withdrawals, 228 00:11:46,050 --> 00:11:49,230 KT: can I open a Roth ira and place those funds 229 00:11:49,240 --> 00:11:53,970 KT: after paying taxes into the Roth account? So Bill, what's 230 00:11:53,970 --> 00:11:56,360 KT: this whole thing about thinking forward, 231 00:11:56,370 --> 00:11:58,660 Suze: KT, wait, wait 232 00:11:58,940 --> 00:12:02,860 Suze: look at that question closely. What is absolutely 233 00:12:03,240 --> 00:12:07,260 Suze: 100% wrong about that question 234 00:12:09,840 --> 00:12:11,750 Suze: When he gets to 70 235 00:12:12,750 --> 00:12:13,809 KT: When you get to seven, 236 00:12:13,809 --> 00:12:16,330 Suze: know when does RmD start 237 00:12:16,340 --> 00:12:17,270 KT: 72. 238 00:12:17,280 --> 00:12:18,510 Suze: That's what's wrong. 239 00:12:18,520 --> 00:12:23,030 KT: Bill Bill You better think forward a little longer until 240 00:12:23,040 --> 00:12:24,660 KT: you're 72. 241 00:12:24,670 --> 00:12:30,579 Suze: So required minimum distributions do not start now until you're 72. 242 00:12:30,590 --> 00:12:35,720 Suze: And they're actually thinking about moving it to almost 75. 243 00:12:35,730 --> 00:12:39,280 Suze: So can you take that money and when you do 244 00:12:39,280 --> 00:12:42,059 Suze: make a withdrawal, open up a Roth I. R. A. 245 00:12:42,940 --> 00:12:44,050 Suze: You can 246 00:12:44,440 --> 00:12:48,360 Suze: as long as you have earned income. Alright, 247 00:12:48,840 --> 00:12:50,460 KT: so next is from Teddi 248 00:12:50,940 --> 00:12:51,660 Suze: however 249 00:12:52,240 --> 00:12:54,309 Suze: KT do you know if the money was in a 250 00:12:54,320 --> 00:12:57,839 Suze: Roth ira to begin with, he would never have to 251 00:12:57,840 --> 00:13:02,790 Suze: take required minimum distribution. No he wouldn't. He would not. 252 00:13:02,800 --> 00:13:08,850 KT: That's thinking really forward and safe. So next question's from Teddi. 253 00:13:08,860 --> 00:13:14,050 KT: So Teddi wants to buy series I bonds for her Children. 254 00:13:14,340 --> 00:13:16,559 KT: What is the best way to do that? 255 00:13:17,640 --> 00:13:18,560 Suze: Well you know 256 00:13:19,140 --> 00:13:24,150 Suze: It depends are your kids under the age of 18 257 00:13:24,160 --> 00:13:27,120 Suze: because if they're under the age of 18 you can 258 00:13:27,130 --> 00:13:31,360 Suze: only buy them as a minor account from your I 259 00:13:31,360 --> 00:13:32,360 Suze: bond account. 260 00:13:33,040 --> 00:13:37,070 Suze: However let's say they're over the age of 18 and 261 00:13:37,070 --> 00:13:40,300 Suze: you want to buy them a gift, you can buy 262 00:13:40,300 --> 00:13:43,490 Suze: as many people as you want a gift of an 263 00:13:43,500 --> 00:13:44,350 Suze: I bond 264 00:13:44,740 --> 00:13:47,650 Suze: and it stays in what's called a gift account 265 00:13:48,140 --> 00:13:50,260 Suze: under your account 266 00:13:50,740 --> 00:13:53,360 Suze: and you don't have to actually give it to them 267 00:13:53,370 --> 00:13:55,439 Suze: until you want to 268 00:13:55,450 --> 00:13:58,070 KT: And what's the minimum amount for 20 269 00:13:58,070 --> 00:14:01,370 Suze: $5. So you can you know what I'm going to 270 00:14:01,380 --> 00:14:01,850 Suze: keep 271 00:14:01,860 --> 00:14:02,820 KT: buying those like 272 00:14:02,970 --> 00:14:06,160 Suze: so I'm going to put on the women and money 273 00:14:06,170 --> 00:14:06,550 Suze: app 274 00:14:07,540 --> 00:14:10,780 Suze: on my wall there. You know about what I'm up to. 275 00:14:10,970 --> 00:14:12,850 Suze: The actual procedure 276 00:14:13,340 --> 00:14:17,170 Suze: of how you would open up a gift account. So 277 00:14:17,179 --> 00:14:19,960 Suze: again you can download the women and money app 278 00:14:20,340 --> 00:14:22,950 Suze: by going to google play or apple app. She is 279 00:14:22,950 --> 00:14:24,360 Suze: now telling me to speed up 280 00:14:25,240 --> 00:14:27,080 KT: because this is my rapid fire. 281 00:14:27,090 --> 00:14:27,810 Suze: Come on. 282 00:14:27,810 --> 00:14:29,350 KT: This is my rapid fire. 283 00:14:29,940 --> 00:14:32,020 Suze: I'm not saying anything. Go on. Okay. 284 00:14:32,030 --> 00:14:34,560 KT: Ready. This is from Josephine. 285 00:14:35,040 --> 00:14:35,290 KT: Hi 286 00:14:35,290 --> 00:14:36,460 Suze: Suze. I've 287 00:14:36,470 --> 00:14:39,510 KT: just joined the women and money community app 288 00:14:39,510 --> 00:14:40,340 KT: couple months 289 00:14:40,340 --> 00:14:44,070 KT: ago. Wanted to sign up for an alliant account so 290 00:14:44,070 --> 00:14:47,860 KT: I can open a savings account. It asked me how 291 00:14:47,860 --> 00:14:52,090 KT: I am eligible for the account. None of the options apply. 292 00:14:52,100 --> 00:14:53,360 KT: What can I do 293 00:14:53,440 --> 00:14:56,480 KT: first of all Josephine. Same thing happened to Suze and me. 294 00:14:56,490 --> 00:14:58,420 KT: So when you go to a credit union you have 295 00:14:58,420 --> 00:15:00,980 KT: to join a credit union. So tell her how to 296 00:15:00,980 --> 00:15:01,200 KT: do 297 00:15:01,200 --> 00:15:04,430 Suze: that. So basically if you really go there and you 298 00:15:04,430 --> 00:15:07,770 Suze: read it, it says if none of these things apply 299 00:15:07,770 --> 00:15:08,350 Suze: to you, 300 00:15:08,840 --> 00:15:13,550 Suze: then you just become a member of Foster to success 301 00:15:13,940 --> 00:15:18,700 Suze: And Alliant credit union will pay the $5 for you 302 00:15:18,700 --> 00:15:23,380 Suze: to be a member of that. Which is a fabulous organization. 303 00:15:23,390 --> 00:15:26,150 Suze: And then you can also be a member of Alliant 304 00:15:26,160 --> 00:15:29,770 Suze: credit union. Just that simple go back and read carefully. 305 00:15:29,770 --> 00:15:31,060 KT: Easy, easy, easy. 306 00:15:31,440 --> 00:15:32,660 KT: This is from Kim 307 00:15:33,240 --> 00:15:33,630 Suze: Kim 308 00:15:33,630 --> 00:15:36,750 KT: Krug. I like that name Kim Krug 309 00:15:37,300 --> 00:15:38,490 Suze: That's because you like Krug. Champagne. 310 00:15:38,630 --> 00:15:41,220 KT: I do. But I just like the name Kim Krug. 311 00:15:41,220 --> 00:15:41,850 KT: Nice name. 312 00:15:42,240 --> 00:15:46,090 KT: Hi KT and Suze. I listened to the I bond podcast. 313 00:15:46,090 --> 00:15:47,160 KT: Good for you, Kim 314 00:15:47,640 --> 00:15:51,150 KT: question If an I bond is in my dad's trust 315 00:15:51,540 --> 00:15:54,520 KT: And he dies. Can my sister and I who are 316 00:15:54,520 --> 00:15:58,360 KT: named in the trust as receiving 5050 of Dad's assets. 317 00:15:58,370 --> 00:16:02,710 KT: Can we each take over half of his I bonds 318 00:16:02,930 --> 00:16:05,760 KT: in our names or will they have to be redeemed? 319 00:16:06,140 --> 00:16:11,980 Suze: It depends. So when your father dies, somebody is going 320 00:16:11,980 --> 00:16:16,690 Suze: to have to have been named trustee successor, trustee who 321 00:16:16,690 --> 00:16:19,870 Suze: is the trustee over everything When your father is no 322 00:16:19,870 --> 00:16:20,960 Suze: longer alive, 323 00:16:21,640 --> 00:16:25,880 Suze: that's the person who decides do the I bonds get redeemed? 324 00:16:25,890 --> 00:16:29,609 Suze: Do they get transferred into your names or not? So 325 00:16:29,610 --> 00:16:32,410 Suze: it will be the trustee that you really need to 326 00:16:32,410 --> 00:16:34,770 Suze: work with to decide what happens. 327 00:16:34,770 --> 00:16:37,110 KT: And Kim maybe the trustee right? 328 00:16:37,120 --> 00:16:40,270 Suze: Could be the trustee. So Kim then you may 329 00:16:40,540 --> 00:16:44,070 Suze: actually transfer these into your own name 330 00:16:44,540 --> 00:16:47,880 Suze: and once you do so you will owe taxes on 331 00:16:47,880 --> 00:16:50,660 Suze: it from the time it gets into your name 332 00:16:51,040 --> 00:16:53,320 Suze: and then continues to grow. Can 333 00:16:53,320 --> 00:16:56,350 KT: she transfer it to both her and her sister? 334 00:16:56,940 --> 00:16:57,630 Suze: It's Kim 335 00:16:57,640 --> 00:16:59,160 KT: because Kim 336 00:16:59,740 --> 00:16:59,950 Suze: I 337 00:16:59,950 --> 00:17:02,560 KT: don't know, I think of sister, my sister and I 338 00:17:03,440 --> 00:17:05,320 Suze: that can still be a brother, 339 00:17:05,330 --> 00:17:10,270 KT: kim Whether you're a sister or brother. Can Kim transfer 340 00:17:10,740 --> 00:17:13,350 KT: the I bonds from daddy into her 341 00:17:13,740 --> 00:17:14,670 KT: or his. 342 00:17:15,240 --> 00:17:16,200 Suze: Can they 343 00:17:16,210 --> 00:17:18,859 KT: turn them into the names of the siblings 344 00:17:19,240 --> 00:17:19,680 Suze: to each 345 00:17:19,680 --> 00:17:20,990 KT: other 50 50 346 00:17:21,000 --> 00:17:22,960 Suze: depends if the trustee 347 00:17:23,840 --> 00:17:26,270 Suze: is allowed to do that via the trust. 348 00:17:26,740 --> 00:17:29,460 Suze: So if everything is left to them, I'm sure the 349 00:17:29,460 --> 00:17:33,719 Suze: trustee then we'll do that. Right? But that's all. It's 350 00:17:33,720 --> 00:17:34,359 Suze: really very 351 00:17:34,359 --> 00:17:38,859 KT: simple. You can for dad's I bonds 352 00:17:39,240 --> 00:17:39,400 Suze: to 353 00:17:39,400 --> 00:17:40,810 KT: you and your 354 00:17:40,810 --> 00:17:43,330 Suze: but you're going to have to have your own individual 355 00:17:43,330 --> 00:17:46,310 Suze: treasury direct dot gov account. All right. 356 00:17:46,320 --> 00:17:50,610 KT: All right now, next question again. This is this is 357 00:17:50,609 --> 00:17:53,670 KT: a little made me a little sad Suze. What happens 358 00:17:53,670 --> 00:17:57,250 KT: if I do not have anyone to be the successor 359 00:17:57,250 --> 00:17:59,550 KT: or trustee of my trust? 360 00:17:59,640 --> 00:18:03,330 KT: This is an issue I have. So this is from Patricia. 361 00:18:03,330 --> 00:18:05,960 KT: But Patricia, I can answer this one too. 362 00:18:07,290 --> 00:18:10,600 KT: Our trust lawyer Janet that Suze and I have a 363 00:18:10,600 --> 00:18:11,560 KT: trust lawyer. 364 00:18:11,940 --> 00:18:13,560 KT: Our trust lawyer Janet 365 00:18:14,040 --> 00:18:17,560 KT: is the trustee successor trustee 366 00:18:17,570 --> 00:18:18,510 Suze: for many, for 367 00:18:18,510 --> 00:18:22,629 KT: many of her clients for that same. Don't 368 00:18:22,630 --> 00:18:25,889 Suze: feel sad that you're in that situation. There are many 369 00:18:25,890 --> 00:18:30,530 Suze: people that don't have family members or friends for whatever 370 00:18:30,530 --> 00:18:33,649 Suze: reason that they feel are capable of doing that or 371 00:18:33,650 --> 00:18:35,550 Suze: that they trust enough to do that. 372 00:18:35,840 --> 00:18:39,419 Suze: So there are lawyers. There are banks. I recommend a 373 00:18:39,420 --> 00:18:43,760 Suze: lawyer before a bank that steps in when you can't 374 00:18:43,760 --> 00:18:45,260 Suze: do it to be a trustee. 375 00:18:45,840 --> 00:18:48,929 Suze: You know, KT and I have often talked about should 376 00:18:48,930 --> 00:18:50,550 Suze: we have certain people that 377 00:18:50,940 --> 00:18:55,210 Suze: work for us like Barbara or you know, people who 378 00:18:55,210 --> 00:19:00,150 Suze: really manage significant parts of our money. Should they be 379 00:19:00,150 --> 00:19:04,410 Suze: our trusty more than family members. So I get that. 380 00:19:04,410 --> 00:19:07,100 Suze: But you can do that. Don't let that stop 381 00:19:07,100 --> 00:19:07,949 KT: you. 382 00:19:08,340 --> 00:19:11,900 KT: Okay. Next question is from Tommy. Hi Suze. Do you 383 00:19:11,900 --> 00:19:15,980 KT: think I bond rates will go up in November? 384 00:19:15,990 --> 00:19:21,270 Suze: Well, Tommy, given that yesterday the c. p. I. consumer 385 00:19:21,270 --> 00:19:25,820 Suze: price index came out and inflation is still going up, 386 00:19:25,830 --> 00:19:28,170 Suze: it's at 9.1%. 387 00:19:28,740 --> 00:19:31,669 Suze: It's very possible that they could go up. 388 00:19:32,040 --> 00:19:35,140 Suze: It's more probable that they're going to either stay the 389 00:19:35,140 --> 00:19:38,810 Suze: same or they may go down a little. We'll have 390 00:19:38,810 --> 00:19:41,840 Suze: to see what C. P. I. Is over the next 391 00:19:41,840 --> 00:19:42,899 Suze: month or so. 392 00:19:42,910 --> 00:19:47,290 KT: And then my last question is from Nelson. Hey, girlfriend 393 00:19:47,300 --> 00:19:51,449 KT: is now an okay time to buy 20 year 394 00:19:51,540 --> 00:19:53,360 KT: U. S. Treasury bonds at 395 00:19:53,440 --> 00:19:55,270 KT: 3.5%. 396 00:19:56,040 --> 00:19:57,320 Suze: It is. 397 00:19:57,330 --> 00:19:57,960 KT: But 398 00:19:58,540 --> 00:20:02,460 Suze: but I'm not exactly sure I would do that. 399 00:20:02,840 --> 00:20:04,270 Suze: Only because 400 00:20:05,040 --> 00:20:07,459 Suze: what's going to happen here very shortly 401 00:20:07,840 --> 00:20:11,670 Suze: is because inflation was up the other day yesterday. 402 00:20:12,240 --> 00:20:15,090 Suze: More so than anybody thought it was going to be 403 00:20:15,100 --> 00:20:18,270 Suze: except for me. Didn't I tell you inflation hand and peak. 404 00:20:18,980 --> 00:20:22,060 Suze: I tell you inflation was going to continue up. It 405 00:20:22,060 --> 00:20:23,770 Suze: is very possible 406 00:20:24,540 --> 00:20:28,340 Suze: That the Feds will raise the Fed funds rate by 407 00:20:28,350 --> 00:20:32,290 Suze: another three quarters or 1%. So interest rates may continue 408 00:20:32,290 --> 00:20:35,990 Suze: to go up even on Treasuries. So I don't think 409 00:20:35,990 --> 00:20:39,330 Suze: I would lock in for 20 years right now. You know, 410 00:20:39,330 --> 00:20:41,240 Suze: remember I said that I would tell you when I 411 00:20:41,240 --> 00:20:42,859 Suze: thought it was time to buy 412 00:20:42,940 --> 00:20:44,590 Suze: long term Treasuries, 413 00:20:44,840 --> 00:20:46,960 Suze: I'm still into two year 414 00:20:47,340 --> 00:20:50,800 Suze: up to five year treasury notes. Just so you know 415 00:20:50,800 --> 00:20:51,780 Suze: KT 416 00:20:51,790 --> 00:20:53,350 KT: it's my quizzie time. 417 00:20:53,350 --> 00:20:56,619 Suze: It is your one week before your birthday 418 00:20:56,619 --> 00:20:58,100 KT: and it's quizzie time 419 00:20:58,100 --> 00:20:59,340 Suze: quizzie Time. 420 00:20:59,350 --> 00:21:00,330 KT: Alright we got 421 00:21:00,330 --> 00:21:02,780 Suze: curious what I got you for your birthday. 422 00:21:02,790 --> 00:21:05,670 KT: We're going fishing. That's our that's our 423 00:21:06,270 --> 00:21:06,520 KT: you 424 00:21:06,520 --> 00:21:08,560 Suze: think that's the only thing I got you? 425 00:21:08,640 --> 00:21:09,790 KT: Yeah that's all I 426 00:21:09,790 --> 00:21:10,460 Suze: want. 427 00:21:10,840 --> 00:21:11,000 Suze: I 428 00:21:11,000 --> 00:21:12,380 KT: don't need anything else. 429 00:21:12,380 --> 00:21:14,040 Suze: You don't need it. But you're gonna love what I 430 00:21:14,040 --> 00:21:15,969 Suze: made for you. You 431 00:21:15,970 --> 00:21:17,160 KT: made me something. 432 00:21:17,170 --> 00:21:19,770 Suze: What I well how else would I give you a present? 433 00:21:21,140 --> 00:21:23,620 KT: Well you said got what I got you. 434 00:21:23,680 --> 00:21:24,460 Suze: Well 435 00:21:25,040 --> 00:21:26,270 Suze: I made 436 00:21:26,280 --> 00:21:26,830 KT: what you 437 00:21:26,830 --> 00:21:30,270 Suze: made and in my head it's what I got you 438 00:21:30,270 --> 00:21:31,090 Suze: because I made 439 00:21:31,090 --> 00:21:32,810 KT: it. You're 440 00:21:32,810 --> 00:21:34,460 Suze: actually gonna love it. 441 00:21:34,840 --> 00:21:35,669 KT: Okay 442 00:21:36,240 --> 00:21:36,930 Suze: you didn't need 443 00:21:36,930 --> 00:21:40,050 KT: to do anything because just going fishing was enough. 444 00:21:41,340 --> 00:21:41,959 Suze: Anyway. 445 00:21:42,340 --> 00:21:46,459 Suze: This is from Ellie. Hi Suze, my partner and I 446 00:21:46,460 --> 00:21:47,770 Suze: have both bought 447 00:21:48,640 --> 00:21:53,260 Suze: Listen closely $10,000 of I bonds this year. 448 00:21:53,740 --> 00:21:57,950 Suze: Now everybody when I asked KT a quizzie, I'm also 449 00:21:57,960 --> 00:22:02,110 Suze: asking you because I want you to be able to 450 00:22:02,119 --> 00:22:02,770 Suze: answer 451 00:22:03,140 --> 00:22:06,170 Suze: all of these questions. That is the goal here. 452 00:22:06,640 --> 00:22:07,170 Suze: So 453 00:22:08,140 --> 00:22:12,600 Suze: Can you verify that? We can legally give each other 454 00:22:12,609 --> 00:22:18,790 Suze: another $10,000 as a gift. Remember the most somebody can 455 00:22:18,790 --> 00:22:22,570 Suze: buy in their individual name. Per year of a series 456 00:22:22,580 --> 00:22:25,450 Suze: II bond is $10,000. 457 00:22:27,140 --> 00:22:31,950 KT: So if that's true and they each have $10,000 in 458 00:22:31,950 --> 00:22:34,460 KT: their own personal name. 459 00:22:35,440 --> 00:22:38,340 KT: Can I don't think you can give a gift to 460 00:22:38,340 --> 00:22:40,060 KT: that person that already has 461 00:22:41,040 --> 00:22:44,270 KT: $10,000 in the same year. I don't think you can 462 00:22:44,270 --> 00:22:44,850 KT: do that. 463 00:22:45,840 --> 00:22:47,810 Suze: So you can't do that as a way to get 464 00:22:47,810 --> 00:22:50,670 Suze: around the $10,000 limit. 465 00:22:51,440 --> 00:22:52,240 Suze: So 466 00:22:52,250 --> 00:22:53,189 KT: I don't think so. Are 467 00:22:53,190 --> 00:22:54,210 Suze: you sure about that? 468 00:22:54,210 --> 00:22:56,690 KT: Well, you can do it other ways you can buy. 469 00:22:56,700 --> 00:23:00,680 Suze: No, that's not what, that's not what they're asking. Can 470 00:23:00,680 --> 00:23:02,859 Suze: you give it to another person 471 00:23:03,340 --> 00:23:04,270 Suze: as a gift 472 00:23:04,740 --> 00:23:07,050 Suze: not? Can you open up a trust account 473 00:23:07,440 --> 00:23:09,660 Suze: not? Can you do it as a business? We all 474 00:23:09,660 --> 00:23:10,820 Suze: know you can give 475 00:23:10,820 --> 00:23:14,850 KT: it to another person that doesn't have it already I think. 476 00:23:15,540 --> 00:23:17,810 Suze: And what if they do? They've already done it. They 477 00:23:17,810 --> 00:23:18,510 Suze: each have. 478 00:23:18,520 --> 00:23:20,159 KT: I don't think you can. 479 00:23:20,940 --> 00:23:21,070 Suze: I 480 00:23:21,070 --> 00:23:22,070 KT: don't think you can. 481 00:23:22,080 --> 00:23:23,330 Suze: You don't think so. 482 00:23:23,340 --> 00:23:24,500 KT: I don't know. 483 00:23:24,510 --> 00:23:26,230 Suze: So cute. 484 00:23:26,240 --> 00:23:27,560 KT: I don't think you can. 485 00:23:28,240 --> 00:23:28,660 Suze: So. 486 00:23:28,660 --> 00:23:30,830 KT: So maybe I'm wrong. Maybe I'm right, 487 00:23:30,840 --> 00:23:33,359 Suze: but maybe you are wrong and maybe you are right. 488 00:23:33,359 --> 00:23:34,740 Suze: So Ding Ding Ding Ding. 489 00:23:34,750 --> 00:23:37,970 KT: Okay. So what parts? Right. 490 00:23:37,980 --> 00:23:39,610 Suze: So 491 00:23:39,619 --> 00:23:42,300 KT: um a 50 50 today? Everybody 492 00:23:42,300 --> 00:23:44,170 Suze: when you buy 493 00:23:44,640 --> 00:23:46,670 Suze: a gift for somebody, 494 00:23:47,340 --> 00:23:50,900 Suze: Especially if they're over 18, which is why I want 495 00:23:50,900 --> 00:23:53,190 Suze: you to go to the women and money 496 00:23:53,200 --> 00:23:54,250 KT: app 497 00:23:54,600 --> 00:23:57,170 Suze: on the wall. So I'm going to show you exactly 498 00:23:57,170 --> 00:24:01,109 Suze: how you do that right, you can give them a 499 00:24:01,119 --> 00:24:01,770 Suze: gift 500 00:24:02,540 --> 00:24:05,430 Suze: and when you give them a gift, it stays in 501 00:24:05,430 --> 00:24:11,450 Suze: your account in your gift box. So even though 502 00:24:12,340 --> 00:24:16,600 Suze: You already have $10,000 this year as an individual, I 503 00:24:16,600 --> 00:24:20,600 Suze: could buy $10,000 for you and put it in my 504 00:24:20,609 --> 00:24:25,449 Suze: gift box for you. No way. Right? 505 00:24:25,940 --> 00:24:28,960 Suze: I cannot transfer that gift 506 00:24:29,340 --> 00:24:30,560 Suze: to you 507 00:24:30,940 --> 00:24:35,470 Suze: Because you already have $10,000 this year. So you cannot 508 00:24:35,470 --> 00:24:39,350 Suze: use this as a way to get around the $10,000 509 00:24:39,350 --> 00:24:40,810 Suze: max per person. 510 00:24:40,820 --> 00:24:41,850 KT: So it stays in the 511 00:24:41,850 --> 00:24:45,330 Suze: Box. So it stays in the box. You can then 512 00:24:45,340 --> 00:24:49,260 Suze: let it grow in the box. The interest rate accumulates 513 00:24:49,260 --> 00:24:52,690 Suze: in the box. You get it in your name when 514 00:24:52,690 --> 00:24:57,990 Suze: you don't put $10,000 in your individual name. But there's 515 00:24:57,990 --> 00:25:00,270 Suze: something interesting about that Katie 516 00:25:00,640 --> 00:25:04,030 Suze: I want to lock in right now, the nine, you know, 517 00:25:04,030 --> 00:25:06,860 Suze: the 9% rates on these, right? 518 00:25:07,660 --> 00:25:08,440 KT: Uh 519 00:25:08,450 --> 00:25:11,560 Suze: So, so I give it to you as a gift. 520 00:25:12,740 --> 00:25:16,060 Suze: I keep it in my gift box for you. 521 00:25:16,740 --> 00:25:19,750 Suze: And now it's accumulating at whatever the interest rate is 522 00:25:19,750 --> 00:25:23,460 Suze: going to be November. So it's growing at these larger 523 00:25:23,470 --> 00:25:28,050 Suze: interest rates and then maybe five years from now 524 00:25:28,440 --> 00:25:31,480 Suze: When interest rates aren't as high or four years from now, 525 00:25:31,490 --> 00:25:34,929 Suze: then I gift it to you and that's the year 526 00:25:34,930 --> 00:25:38,560 Suze: that you decide not to put $10,000 of your own 527 00:25:38,560 --> 00:25:39,360 Suze: money in. 528 00:25:40,140 --> 00:25:43,140 KT: You could do that every year while it's high and 529 00:25:43,140 --> 00:25:44,850 KT: then when it starts to get 530 00:25:45,540 --> 00:25:48,960 KT: when it's not that competitive then I just stopped 531 00:25:49,340 --> 00:25:50,080 Suze: investing 532 00:25:50,080 --> 00:25:52,889 KT: 10th. I stopped buying I bonds. And you just gift 533 00:25:52,890 --> 00:25:54,090 KT: me those boxes. 534 00:25:54,090 --> 00:25:54,910 Suze: That's right. 535 00:25:54,920 --> 00:25:56,090 KT: Let's do that. 536 00:25:56,090 --> 00:25:58,760 Suze: Right? But I can only give you $10,000 worth a 537 00:25:58,760 --> 00:26:03,710 Suze: year or whatever it's accumulated. So it is a very 538 00:26:03,720 --> 00:26:04,550 Suze: interesting 539 00:26:04,740 --> 00:26:07,020 Suze: technique. Alright, 540 00:26:07,020 --> 00:26:10,260 KT: a minute. So that was pretty smart question. Ellie 541 00:26:10,540 --> 00:26:11,670 KT: good for you. 542 00:26:12,540 --> 00:26:15,359 Suze: Well Ellie wasn't asking me that. 543 00:26:16,040 --> 00:26:18,669 Suze: Ellie was trying to get around 544 00:26:19,240 --> 00:26:25,060 Suze: The $10,000 limit per person. Right? But what L. A. 545 00:26:25,060 --> 00:26:26,170 Suze: can do 546 00:26:26,640 --> 00:26:28,180 Suze: is exactly what I said 547 00:26:28,190 --> 00:26:28,980 KT: click the But 548 00:26:29,430 --> 00:26:31,720 Suze: Now that I just said that to Ellie, I think 549 00:26:31,720 --> 00:26:34,570 Suze: I'm going to give you $10,000 and you're going to 550 00:26:34,570 --> 00:26:39,020 Suze: give me $10,000 and keep it in our gift boxes. 551 00:26:39,020 --> 00:26:40,250 KT: Okay. We could do that. 552 00:26:40,260 --> 00:26:41,460 Suze: Alright. Sweet heart. 553 00:26:41,470 --> 00:26:46,750 KT: Alright, well that's a wrap for July 14. Everybody. 554 00:26:46,750 --> 00:26:47,670 Suze: Yes it 555 00:26:47,740 --> 00:26:49,649 Suze: is and 556 00:26:49,660 --> 00:26:51,760 KT: Sunday. Well let's tell everyone, 557 00:26:52,540 --> 00:26:54,429 Suze: I know what else I want to tell everybody. You 558 00:26:54,430 --> 00:26:56,170 Suze: know what happened today with Alliant. 559 00:26:56,640 --> 00:26:58,530 Suze: Oh 560 00:26:58,540 --> 00:27:03,310 KT: Yeah baby. Alliant raised it to 1.2 561 00:27:03,390 --> 00:27:06,090 Suze: 1.2% to 562 00:27:06,090 --> 00:27:08,250 KT: Oh it's going up up up up up 563 00:27:08,260 --> 00:27:12,000 Suze: and the reason I'm telling you this is obviously Alliant 564 00:27:12,520 --> 00:27:15,860 Suze: is being aggressive in terms of 565 00:27:16,240 --> 00:27:19,490 Suze: Raising that interest rate as soon as it makes sense 566 00:27:19,490 --> 00:27:23,010 Suze: to do so. So those of you who have deposit 567 00:27:23,020 --> 00:27:26,630 Suze: with Alliant credit union all of you should be pleased 568 00:27:26,630 --> 00:27:29,230 Suze: at how many interest rates. I mean within a month 569 00:27:29,230 --> 00:27:34,479 Suze: we've gone from .6% to 1.2%. And for those of 570 00:27:34,480 --> 00:27:36,250 Suze: you who don't know 571 00:27:36,640 --> 00:27:41,770 Suze: all of you should really look into my alliance 572 00:27:42,240 --> 00:27:43,550 KT: dot com. 573 00:27:43,560 --> 00:27:47,530 Suze: There you go, KT A. L. L. I. A. N. T. 574 00:27:47,540 --> 00:27:51,770 Suze: And look into the ultimate opportunity savings account 575 00:27:52,140 --> 00:27:55,740 Suze: Where you simply put in $100 a month every single 576 00:27:55,740 --> 00:28:00,879 Suze: month for 12 consecutive months. And besides the 1.2% and 577 00:28:00,880 --> 00:28:04,300 Suze: rising interest rates as time goes on at the end 578 00:28:04,300 --> 00:28:08,320 Suze: of that 12 months you will get $100. Listen to 579 00:28:08,320 --> 00:28:12,150 Suze: the end of this podcast to learn all about it. 580 00:28:12,990 --> 00:28:13,320 KT: Go 581 00:28:13,320 --> 00:28:16,860 Suze: to my alliant dot com. I get thousands. 582 00:28:17,240 --> 00:28:20,650 Suze: Alright I'm sorry. We get thousands 583 00:28:20,650 --> 00:28:21,810 KT: and thousands 584 00:28:21,810 --> 00:28:25,929 Suze: of emails saying thank you, thank you, thank you. Thank you. 585 00:28:25,940 --> 00:28:30,609 Suze: We got $100. It's it's we're so happy because a 586 00:28:30,609 --> 00:28:34,020 Suze: lot of you you only only can save $100 a 587 00:28:34,020 --> 00:28:34,359 Suze: month 588 00:28:34,740 --> 00:28:39,650 Suze: And you would need like $9,000 to get $100 of interest. 589 00:28:39,650 --> 00:28:40,050 Suze: So 590 00:28:40,440 --> 00:28:43,350 Suze: you're doing just fine. If you get 591 00:28:43,840 --> 00:28:48,960 Suze: the ultimate opportunity savings account, KT does my voice sound 592 00:28:48,960 --> 00:28:49,460 Suze: low to you 593 00:28:49,460 --> 00:28:50,670 KT: today? 594 00:28:51,340 --> 00:28:53,870 Suze: Why do you say it that way? I don't know. 595 00:28:53,880 --> 00:28:54,130 Suze: You 596 00:28:54,130 --> 00:28:56,070 KT: should have had one of these little candies. 597 00:28:56,160 --> 00:28:58,370 Suze: What did you do with that little candie? 598 00:28:58,380 --> 00:29:00,410 KT: It's over here on a piece of paper. 599 00:29:00,420 --> 00:29:05,700 Suze: That is gross. Alright. Anyway until Sunday, there's only really 600 00:29:05,700 --> 00:29:07,660 Suze: one thing that we want you to know 601 00:29:08,040 --> 00:29:11,030 KT: everyone's gonna stay. Everyone's going to go 602 00:29:11,030 --> 00:29:13,190 Suze: on. You can do it. You can 603 00:29:13,190 --> 00:29:18,540 KT: do this Katie. We want you to be safe, secure. 604 00:29:19,510 --> 00:29:24,200 Suze: Please help me safe. Strong 605 00:29:24,210 --> 00:29:25,580 KT: and secure. 606 00:29:25,580 --> 00:29:28,290 Suze: Normally. She has a little piece of paper with those 607 00:29:28,290 --> 00:29:32,410 Suze: three words on it. And I moved it just to 608 00:29:32,410 --> 00:29:35,490 Suze: see what would happen today. And now we found out. 609 00:29:35,500 --> 00:29:40,520 Suze: All right. I'll see you Sunday. Sunday. Bye bye bye now. 610 00:29:49,240 --> 00:29:49,560 Suze: Yeah. 611 00:29:54,550 --> 00:29:54,870 Music: Music Out.