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Suze: October 26, 2022. Welcome to the... what?

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KT: Ask KT and Suze anything you want anything on your mind.

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KT: Anything at all now.

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Suze: Right and look at you smile. Show everybody your pretty teeth.

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KT: I have to tell you. I feel so great.

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KT: I had a little bit of an ache in my

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KT: jaw and I thought okay it's time. I was told

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KT: by my dentist about maybe nine or 10 months ago

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KT: that he thought there was a little crack in my molar.

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KT: Sure enough. I had to have a root canal

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Suze: and she's a baby, just so you know.  She doesn't like pain.

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KT: Not at all. But I have to tell everyone, Suze

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KT: how much

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KT: money I saved. I was really proud. And this is

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KT: part of our dental plans that we love. We use

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KT: these

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Suze: Are you trying to take my picture off and put your picture

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Suze: on the top of DentalPlans.com?

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KT: I love dental plans.

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Suze: But you didn't tell me, how much did you save?

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KT: $1,018 on just the root canal. I had to have

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KT: a lot of...

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Suze: How much would the bill have really been?

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KT: Oh it all varies. But my total bill for all

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KT: the procedures including visit X - Rays, everything was 2,300.

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Suze: And what  did you save?

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KT: Um I.. well let me do the math. Wait, hold

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KT: on everybody, let me just say separate $1,282

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KT: for

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KT: everything. I had two visits.

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Suze: Actually. Here's your quizzie.

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KT: What?

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Suze: What percent did you save?

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KT: Almost 50.

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Suze: Oh she got it

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KT: Looking at it. Almost 50.

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Suze: You saved about 44%, KT

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KT: That's huge. So Suze. I'm just so happy that I

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KT: have no pain in my tooth is fixed. I can

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KT: go fishing.

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Suze: There you go.

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KT: I'm ready to go fishing.

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Suze: But listen everybody, I've been telling you about dental savings

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Suze: plans forever. Forever.

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Suze: And I've been supporting their efforts forever because you save

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Suze: so much money. So if you want to find out

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Suze: more about them go to dental plans dot com. It

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Suze: is crazy that you do anything other than have a

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Suze: dental plan seriously.

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Suze: Anyway. Okay, but that's not what this was about. Where

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Suze: were we, KT?

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KT: Fishing.

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Suze: Alright, so ask Suze and KT anything...

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KT: Okay. My first question is from Adam.

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KT: He said hello? Hello. Hello. I'll be quick - Adam. I

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KT: picked this because it's a really quick question. I purchased

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KT: an I bond and set my husband as the beneficiary in

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KT: the event

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KT: that something happens to me. What would he need to

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KT: do to claim it? Would he need to set up

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KT: a Treasury Direct account? Thank you. Thank you. Thank you, Adam.

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Suze: So Adam the first thing your husband is going to

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Suze: need to do is contact Treasury Direct and let them

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Suze: know that you are no longer with us. He most

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Suze: likely is also going to need to present a death certificate.

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Suze: But here's what's really important to understand.

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Suze: He will have many many choices. And most likely what's

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Suze: going to happen is that if you have owned this

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Suze: I bond now for let's say almost 30 years I

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Suze: bonds stop earning interest in 30 years. So he obviously

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Suze: at that time will absolutely redeem it and take all

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Suze: the money out.

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Suze: What he needs to understand. If he does do that,

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Suze: he is going to owe income tax on all the

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Suze: interest that it's earned over those 30 years.

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Suze: Number two, he may decide, hey, I want to keep

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Suze: this I bond going, it's making a good interest rate.

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Suze: So then what he would have to do is open

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Suze: up a treasury direct dot gov in his name alone

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Suze: and then they will re-issue the I bond from your

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Suze: name to his name. Then he will owe income taxes

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Suze: on all the interest that you earn from the time

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Suze: you bought that I bond to the time that it

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Suze: was re-issued in his name.

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Suze: Now obviously you're married so that your money is all combined.

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Suze: A lot of times when people are the beneficiary of

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Suze: an I bond where you don't share tax returns and there's

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Suze: also the option of having the deceased person's estate pay

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Suze: the income tax on all the interest that was earned

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Suze: or it could be part of the person's last income

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Suze: tax report.

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Suze: So that is something that if you weren't married to

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Suze: somebody and you did that, then you could have it

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Suze: reissued in your name and then you would only be

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Suze: responsible for the tax from what it earned from the

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Suze: time that it was reissued all the way until you

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Suze: redeem it.

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Suze: So those are your choices. Most likely he may want

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Suze: to keep it. So it will be re-issued in his

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Suze: name and he will owe income tax on all the

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Suze: interest that it earned while it was in your name, Adam.

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Suze: Now one thing that I just want to say to everybody,

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Suze: you know you have choices when it comes to buy

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Suze: bonds you could either, like most people do defer the

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Suze: income tax on it. Just let it grow and grow

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Suze: and grow.

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Suze: And when that happens one day somebody may owe a

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Suze: whole lot of income tax on that I bond when

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Suze: either you redeem it or your beneficiary redeems it or

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Suze: they transfer it and get it reissued to their name.

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Suze: Like Adam. Your husband most likely will do.

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Suze: You have another choice.

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Suze: And that choice is you could pay the income tax

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Suze: every single year on that I bond even though you're

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Suze: not getting that interest, but you could pay the income

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Suze: tax on that. I bond if you did so

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Suze: Then upon your death, the beneficiary would owe any income

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Suze: tax whatsoever to have the whole thing re-issued in their name.

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Suze: And I just want to mention that for two reasons.

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Suze: Number one, if you decide to do that, you have

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Suze: to make sure that all your I bonds that you own,

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Suze: you pay the income tax on it every year. You

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Suze: can't just say I'm going to buy this I bond

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Suze: and I'm going to let it defer taxes this I bond.

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Suze: I'm going to pay annual income tax on all bonds

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Suze: under your Social Security number. Either are all deferred or

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Suze: you pay income tax annually on all of them.

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Suze: But the other reason I wanted to say that is

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Suze: that for many of you right now that are actually

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Suze: purchasing I bonds for your children or grandchildren, it may

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Suze: be 10 or 20 years until they redeem that bond

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Suze: or they become the owner of that bomb. And that

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Suze: could be a whole lot of income tax on the

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Suze: interest that it earned.

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Suze: So maybe they're in such a small income tax bracket

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Suze: that maybe you're better off paying the annual income tax on kids'

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Suze: I bonds. Just something to think about. But that, my

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Suze: dear Adam, is what your hubby is going to have

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Suze: to do.

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KT: Next question is from Laurel, you're going to like this one.

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KT: Hi Suze. Just wondering is it best to start a

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KT: plan to pay off our car

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KT: as best we can and keep the car for as

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KT: long as we can or is it good to turn

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KT: cars in for upgrades and use that money for a

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KT: new one? We bought it brand new in July 2020.

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KT: So it's over two years old

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Suze: Wow that's "old."

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KT: Cars almost 12 years old.

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Suze: What is her question.

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KT: Well, that's the question. The question is

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KT: is it best to pay off the car?  Obviously she bought it and...

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Suze: And it's been financed,

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KT: Yes it has

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Suze: Or trade in and get a

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Suze: new car?

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Suze: Oh, girlfriend please.

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KT: Because she said it's the way that she said it's

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KT: over two years old. That's the part that I thought

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KT: you would enjoy. It's just a baby.

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Suze: Listen to me and listen to me closely. A car

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Suze: is a depreciating asset. You will never, ever, ever, ever

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Suze: make money on a car

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Suze: and a car is meant to be owned, not rented.

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Suze: If you rent a car meaning you finance it or

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Suze: lease it and you continuously trade in and trade in

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Suze: and trade in. You're continuously doing what paying either a

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Suze: lease payment or a car payment. Why would you want

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Suze: to do that? I don't care how much money. KT

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Suze: and I have...

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Suze: we have a car. We take really good care of it.

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Suze: It is going on 12 years of age. And even

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Suze: though we obviously could easily afford a new car,

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Suze: why would I spend money on that when my car

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Suze: is our car is absolutely fine. I would rather take

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Suze: that money and invest it and get a true return

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Suze: on your money. So don't

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Suze: go fooling yourself thinking that it's wise to buy new cars.

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Suze: It is not, it is not, it is not.

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KT: Especially if it's only two years old.

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Suze: Well, you know what?

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KT: I bet she doesn't even know...

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Suze: right. She probably put very little money down on a

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Suze: a brand

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Suze: new car and the second she drove it off the lot,

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Suze: it depreciated like 20%. So let's just say she bought

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Suze: a car for $20,000.

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Suze: Let's just say that's true. And she drove it off

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Suze: the lot. That car is worth $16,000 the second that

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Suze: it hits the street. If she is in an accident

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Suze: and somebody hits it and destroys it. Well, if she didn't,

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Suze: if she didn't put any money down, let's say she

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Suze: bought it, didn't put any money down. She owes $20,000

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Suze: on it and now she's in an accident or it's hit,

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Suze: she's fine.

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Suze: The car has depreciated $4,000. It's only worth $16,000, but

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Suze: it's been totaled. Her insurance company is only going to

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Suze: give her 16,000. She's gonna owe $4,000 on a car.

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Suze: She doesn't even have anymore. Anyway, go on.

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KT: All right. Next question is from Yolanda

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Suze: Yolanda.

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KT: Hi Suze. When buying a home, is it advisable to

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KT: take a mortgage over 30 years instead of 20,

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KT: when the plan is to pay it off much sooner

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KT: by paying that extra monthly payment?

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Suze: Depends if you can get an interest rate for a

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Suze: 20 that's lower than a 30. Usually a 15 year

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Suze: mortgage is half a percent less than a 30 year mortgage.

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Suze: And it always drove me crazy that people would say

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Suze: I'm gonna do a 30 year mortgage and pay it

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Suze: off in 15.

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Suze: So I say, so why are you doing that? You're

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Suze: paying more for that mortgage. So if you really know

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Suze: that you can afford to pay it off in 15

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Suze: versus 30, you get a 15 year mortgage. If a

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Suze: 20 year has a less interest rate than a 30,

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Suze: you do that as well.

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Suze: People always wanted a longer mortgage, KT in case they

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Suze: get into trouble so they can reduce their payments.

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KT: Yeah, like a security blanket. But with today's rates, I

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KT: try to pay that thing off as soon as I could.

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Suze: I bet you would.

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KT: Okay, next is from

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KT: Laura. Hi, Suze and KT. My traditional and Roth 401k

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KT: rollovers are under the control of my financial advisor who

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KT: has been giving me advice opposite of yours, Suze. He

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KT: has not been forthcoming with how much commission he is making.

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KT: I really trust your advice and my own. Now I

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KT: feel uncomfortable because this is a family friend.

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KT: Suze, what have you always told people... to

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Suze: never do business with family...

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KT: ...or friends! I allowed him to handle my finances many

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KT: years ago when I was not an informed person. Like

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KT: I am now after listening to your podcast, it is

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KT: in an account where I don't have access to personally

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KT: change anything and I must go through him.

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KT: So I'm in mutual funds with 2.5% fees. I want

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KT: to move everything to a discount brokerage, please Suze, how

239
00:14:08,110 --> 00:14:11,329
KT: do I do this? Please advise me on how to

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KT: move this.

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Suze: What a shame, Huh? What a shame. Um Here's the

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00:14:19,230 --> 00:14:24,530
Suze: thing you say in this email that you are informed.

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Suze: Okay.

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00:14:26,510 --> 00:14:29,970
Suze: It's not enough to just be informed. You also have

245
00:14:29,970 --> 00:14:34,830
Suze: to own the power to control your destiny. Which means

246
00:14:34,840 --> 00:14:38,940
Suze: you should not be afraid of anybody at any time.

247
00:14:38,950 --> 00:14:43,710
Suze: Especially somebody you are paying to manage your money. And

248
00:14:43,710 --> 00:14:46,090
Suze: you know how I've always said that you and your

249
00:14:46,090 --> 00:14:47,350
Suze: money are one.

250
00:14:47,930 --> 00:14:53,630
Suze: So if for whatever reason he isn't managing your money correctly,

251
00:14:53,640 --> 00:15:00,180
Suze: he isn't managing your needs you correctly. Because again, you

252
00:15:00,190 --> 00:15:04,360
Suze: and your money are one. So obviously because KT just

253
00:15:04,360 --> 00:15:09,150
Suze: handed this to me, it seems that you're uncomfortable saying

254
00:15:09,160 --> 00:15:13,260
Suze: anything to him. Like you are afraid to say, guess what?

255
00:15:13,270 --> 00:15:15,330
Suze: I want to transfer my account.

256
00:15:16,160 --> 00:15:20,050
Suze: So what I would do if I were you is

257
00:15:20,050 --> 00:15:24,040
Suze: I would go to a discount brokerage firm Fidelity, Schwab.

258
00:15:24,050 --> 00:15:26,720
Suze: I don't care where you go, TD Ameritrade, wherever you

259
00:15:26,720 --> 00:15:33,050
Suze: feel comfortable, open up an account and have them transfer.

260
00:15:33,120 --> 00:15:37,700
Suze: They'll contact that person who handles your money and transfer

261
00:15:37,700 --> 00:15:41,510
Suze: it from that account into your new account.

262
00:15:41,720 --> 00:15:44,590
Suze: And most likely it will be able to transfer with

263
00:15:44,590 --> 00:15:48,440
Suze: whatever you purchased in that other place. It will transfer

264
00:15:48,440 --> 00:15:51,110
Suze: what's called, "in kind." You don't have to have it

265
00:15:51,110 --> 00:15:55,820
Suze: sold just to transfer it in cash. That's what I

266
00:15:55,820 --> 00:15:58,310
Suze: would do. If I were you. However,

267
00:15:58,580 --> 00:16:03,140
Suze: you are never, ever, ever again to make a mistake

268
00:16:03,150 --> 00:16:06,360
Suze: of you can't touch your money unless you go through

269
00:16:06,360 --> 00:16:11,430
Suze: somebody or where you feel that they're taking advantage of you.

270
00:16:11,440 --> 00:16:15,609
Suze: I don't think so. 2.5% fees. Yeah,

271
00:16:15,645 --> 00:16:18,125
Suze: I've told all of you you are never to pay

272
00:16:18,125 --> 00:16:22,135
Suze: more than 1% in fees and that's only to a

273
00:16:22,135 --> 00:16:26,655
Suze: registered investment advisor who is actually managing your money for you,

274
00:16:26,675 --> 00:16:31,475
Suze: not mutual funds, mutual funds, you should pay at most

275
00:16:31,485 --> 00:16:32,710
Suze: half a percent.

276
00:16:33,230 --> 00:16:38,470
Suze: As an expense ratio, maybe .8%. But no, you know

277
00:16:38,480 --> 00:16:42,950
Suze: many of them are .04%. Also, if you're going to

278
00:16:42,950 --> 00:16:46,820
Suze: buy a mutual fund, you need to make sure that

279
00:16:46,820 --> 00:16:50,120
Suze: it's a no load fund that you do not pay

280
00:16:50,120 --> 00:16:54,500
Suze: a sales commission on it to anybody. What is even

281
00:16:54,500 --> 00:16:57,410
Suze: charging you for? I just don't get it.

282
00:16:57,850 --> 00:17:02,230
Suze: So you really need to make a move if I

283
00:17:02,240 --> 00:17:03,910
Suze: were you. Alright,

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00:17:03,990 --> 00:17:09,530
KT: Okay. Next question is from Dennis. Hi Suze. I enjoy

285
00:17:09,530 --> 00:17:13,240
KT: listening to your podcast. I look forward to you and

286
00:17:13,240 --> 00:17:17,090
KT: KT every week. My question is,

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Suze: Are you wondering why I laughed?

288
00:17:18,470 --> 00:17:19,720
KT: Yeah, Why did you laugh?

289
00:17:19,730 --> 00:17:20,760
Suze: I don't know.

290
00:17:21,490 --> 00:17:21,830
KT: My

291
00:17:21,830 --> 00:17:22,929
KT: question is this.

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Suze: Wait, can you imagine people looking forward to the two of us together?

293
00:17:26,050 --> 00:17:30,470
KT: Well, they probably definitely look forward to your Saturday night

294
00:17:30,480 --> 00:17:31,659
KT: Suze Solo.

295
00:17:31,660 --> 00:17:35,410
Suze: No, they love your laugh. They love when you don't know the

296
00:17:35,410 --> 00:17:39,679
Suze: answer to the quizzies. Some people right um... which I

297
00:17:39,680 --> 00:17:41,880
Suze: just have to ask something. Alright, I'll let you finish

298
00:17:42,240 --> 00:17:42,710
Suze: the question.

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00:17:42,710 --> 00:17:45,869
KT: This is important though, because I wouldn't know how to

300
00:17:45,880 --> 00:17:47,889
KT: I wouldn't know what to do either here.

301
00:17:48,200 --> 00:17:53,180
KT: Ready? So Dennis says rumor has it that Social Security

302
00:17:53,180 --> 00:17:58,369
KT: is draining out by 2034. Should I wait to take

303
00:17:58,369 --> 00:18:03,530
KT: it at full retirement since the 8.7% increase. All I'm

304
00:18:03,530 --> 00:18:07,070
KT: hearing is how it's going to hurt Social Security and

305
00:18:07,070 --> 00:18:09,470
KT: how the recession will make it worse,

306
00:18:09,960 --> 00:18:14,199
KT: Suze. Currently I'm 62 and will be 63 soon. I've

307
00:18:14,200 --> 00:18:18,190
KT: held off on filing for Social Security so my payments

308
00:18:18,190 --> 00:18:22,400
KT: can be higher with the current situation with the economy.

309
00:18:22,510 --> 00:18:25,800
KT: Should I really keep waiting? Thanks Suze.

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00:18:26,920 --> 00:18:27,140
Suze: Oh...

311
00:18:27,140 --> 00:18:30,080
KT: Wait. And then this is really the best part I forgot.

312
00:18:30,090 --> 00:18:33,129
KT: He said L. O. L. It's okay for you to

313
00:18:33,130 --> 00:18:35,940
KT: use this for a quizzie for KT.

314
00:18:36,710 --> 00:18:38,040
Suze: What would you tell him?

315
00:18:38,800 --> 00:18:41,350
KT: I think that you should wait until you get your

316
00:18:41,350 --> 00:18:43,960
KT: full Social Security. You're only seven years away.

317
00:18:43,970 --> 00:18:46,390
Suze: Yes, but he's concerned, KT, it's gonna go belly up.

318
00:18:46,390 --> 00:18:49,090
KT: At 2034, the year 2034.

319
00:18:49,500 --> 00:18:50,960
Suze: KT. That's only 12 years from now.

320
00:18:51,290 --> 00:18:53,570
KT: Yeah, but in seven years he can take his full

321
00:18:53,570 --> 00:18:54,909
KT: Social Security.

322
00:18:54,910 --> 00:18:57,420
Suze: So so then five years from then the whole system

323
00:18:57,420 --> 00:18:58,540
Suze: goes belly up.

324
00:18:59,250 --> 00:19:00,640
KT: No, I don't think it will.

325
00:19:00,640 --> 00:19:02,120
Suze: Well that's what he's asking you.

326
00:19:02,119 --> 00:19:03,120
KT: It won't, Dennis

327
00:19:03,119 --> 00:19:04,760
Suze: Right. Now, Dennis...

328
00:19:04,770 --> 00:19:05,780
KT: Don't worry.

329
00:19:05,790 --> 00:19:06,490
KT: You're

330
00:19:06,680 --> 00:19:07,520
KT: happy.

331
00:19:07,530 --> 00:19:09,080
Suze: Here's the reason...

332
00:19:09,210 --> 00:19:10,460
KT: Do you think it's going to go belly up?

333
00:19:12,710 --> 00:19:14,060
Suze: Let me answer his question. You want to hear my answer?

334
00:19:14,060 --> 00:19:15,280
KT: Yeah, I'm curious.

335
00:19:15,290 --> 00:19:20,420
Suze: All right. Here's the thing what they will do to

336
00:19:20,420 --> 00:19:26,330
Suze: make Social Security last even longer than 2034, is they

337
00:19:26,330 --> 00:19:28,610
Suze: will do a few things possibly.

338
00:19:28,830 --> 00:19:32,250
Suze: They will increase the amount of money which they're doing

339
00:19:32,250 --> 00:19:35,480
Suze: right now. By the way, increase the amount of money

340
00:19:35,490 --> 00:19:39,770
Suze: that is taxable that goes into the social security system

341
00:19:39,780 --> 00:19:47,250
Suze: number two, they will possibly increase the Social Security age. So,

342
00:19:47,260 --> 00:19:49,500
Suze: do you remember when you used to be able to

343
00:19:49,500 --> 00:19:52,500
Suze: collect full Social Security at 65?

344
00:19:53,220 --> 00:19:55,940
Suze: And if you just waited, you know, a few years

345
00:19:55,950 --> 00:19:58,399
Suze: after that, like to 67 or whatever, you got a

346
00:19:58,400 --> 00:20:02,500
Suze: whole lot more right, then what would happen is they

347
00:20:02,500 --> 00:20:06,730
Suze: moved it to now, full Social Security for most people

348
00:20:06,730 --> 00:20:10,619
Suze: born 1960 or after is 67.

349
00:20:11,140 --> 00:20:13,109
Suze: And you have to wait till 70 if you want

350
00:20:13,109 --> 00:20:17,820
Suze: that little extra added amount. Don't be surprised if they

351
00:20:17,820 --> 00:20:21,160
Suze: don't all of a sudden move it from 67 to

352
00:20:21,160 --> 00:20:26,200
Suze: 70 as your full Social Security age, they can do

353
00:20:26,200 --> 00:20:31,260
Suze: anything they need to do. So, if I were you,

354
00:20:31,270 --> 00:20:35,450
Suze: I really would wait because I think that extra Social

355
00:20:35,450 --> 00:20:38,560
Suze: Security is absolutely worth it.

356
00:20:38,790 --> 00:20:42,980
Suze: You know, you have to know that approximately from 62

357
00:20:42,990 --> 00:20:48,220
Suze: till your full sSocial Security age increases about I'd say about 6%

358
00:20:48,220 --> 00:20:52,449
Suze: a year. And then from 67 or your full Social Security

359
00:20:53,010 --> 00:20:58,040
Suze: age till 70, it increases at 8% a year.

360
00:20:58,619 --> 00:21:01,870
Suze: I don't know with markets and things like that right now.

361
00:21:01,880 --> 00:21:02,750
Suze: I

362
00:21:02,760 --> 00:21:05,650
Suze: I have to tell you, I still would wait.

363
00:21:05,660 --> 00:21:06,710
KT: We waited.

364
00:21:06,720 --> 00:21:10,500
Suze: We we did wait, KT. But there are certain circumstances

365
00:21:10,500 --> 00:21:11,280
Suze: really

366
00:21:11,820 --> 00:21:15,210
Suze: that you don't wait. You don't wait. If you know

367
00:21:15,210 --> 00:21:18,600
Suze: that you're ill, you don't wait possibly if it's a

368
00:21:18,600 --> 00:21:22,050
Suze: survivor benefit, because they work very differently.

369
00:21:22,180 --> 00:21:29,050
Suze: You don't wait, if you're older, you're eligible for Social Security . Maybe,

370
00:21:29,060 --> 00:21:32,000
Suze: you know, you're only 63 or 64, but yet you

371
00:21:32,000 --> 00:21:36,780
Suze: have really young children because then they get to have

372
00:21:36,780 --> 00:21:41,619
Suze: up to 50% of your amount up to a family maximum.

373
00:21:41,630 --> 00:21:45,330
Suze: So there are reasons why you would take it earlier.

374
00:21:45,520 --> 00:21:48,330
Suze: But I don't think for the reason of it's gonna

375
00:21:48,330 --> 00:21:51,540
Suze: go belly up. If it goes belly up, we will

376
00:21:51,540 --> 00:21:55,510
Suze: have such an uproar in the United States, it won't

377
00:21:55,510 --> 00:21:58,600
Suze: even be funny. So if they're not gonna let that happen.

378
00:21:58,869 --> 00:22:04,550
KT: Okay, so next question is Doreen, Hi Suze. Here it goes,

379
00:22:04,580 --> 00:22:09,129
KT: my husband of 24 years and I have been separated

380
00:22:09,130 --> 00:22:10,119
KT: for two years.

381
00:22:10,390 --> 00:22:11,830
Suze: I could tell by the look in your face...

382
00:22:12,390 --> 00:22:19,970
KT: Wait, it's harmonious. I don't think so. He's 80. I'm 64. He

383
00:22:19,970 --> 00:22:23,240
KT: is renting an apartment and I am in our home

384
00:22:23,250 --> 00:22:28,420
KT: valued at 525,000 with 120,000 mortgage.

385
00:22:28,670 --> 00:22:31,950
KT: During our marriage. We were self employed in business together.

386
00:22:31,950 --> 00:22:34,970
KT: And all the funds went into an IRA that had

387
00:22:34,970 --> 00:22:39,859
KT: been previously been established in his name. It is now

388
00:22:39,869 --> 00:22:44,350
KT: around 850,000 we have in his name.

389
00:22:44,480 --> 00:22:50,170
KT: 350,000 annuity. And I have a full time job 80,000 K.

390
00:22:50,170 --> 00:22:53,900
KT: A year with around 30 K  between a cash balance

391
00:22:53,900 --> 00:22:58,689
KT: and a 401k. We owe 39,000 on an RV. Otherwise

392
00:22:58,690 --> 00:22:59,810
KT: we're debt free.

393
00:22:59,810 --> 00:23:04,440
KT: We want to divorce and divide assets. But with the market,

394
00:23:04,440 --> 00:23:07,900
KT: we feel it's better to wait until housing settles and

395
00:23:07,900 --> 00:23:12,830
KT: markets rally. Should we wait out the markets or settle

396
00:23:12,830 --> 00:23:15,109
KT: and go our separate ways.

397
00:23:15,720 --> 00:23:18,980
KT: I know my answer. What's your Suze

398
00:23:18,990 --> 00:23:20,040
Suze: Bye

399
00:23:20,040 --> 00:23:22,060
KT: Bye baby. Bye bye

400
00:23:22,060 --> 00:23:23,090
Suze: baby,

401
00:23:23,100 --> 00:23:24,530
KT: baby, bye bye.

402
00:23:24,540 --> 00:23:27,750
Suze: So, Doreen, here's the thing.

403
00:23:29,100 --> 00:23:31,290
Suze: Markets are rallying right now.

404
00:23:32,300 --> 00:23:36,440
Suze: Real estate is going down right now. So, if there

405
00:23:36,440 --> 00:23:39,340
Suze: ever was a good time to do it, it's right

406
00:23:39,350 --> 00:23:44,350
Suze: around now. It's very possible that these markets will continue

407
00:23:44,359 --> 00:23:48,460
Suze: rallying for a bit. Like I've said over and over.

408
00:23:48,460 --> 00:23:50,510
Suze: I don't know if that's two weeks. Three weeks. I

409
00:23:50,510 --> 00:23:53,470
Suze: don't know how long it is, but eventually it will

410
00:23:53,470 --> 00:23:58,760
Suze: turn around and go right back down again. Therefore,

411
00:23:59,540 --> 00:24:03,220
Suze: I would do it now. Not just because of the money,

412
00:24:04,040 --> 00:24:08,640
Suze: I would do it now for your own peace of mind.

413
00:24:08,640 --> 00:24:09,609
KT: for both of them,

414
00:24:09,609 --> 00:24:10,359
Suze: For both of them.

415
00:24:10,359 --> 00:24:15,000
KT: Especially that she said that it was a harmonious separation

416
00:24:15,000 --> 00:24:18,170
KT: if you want to keep it harmonious, get rid of

417
00:24:18,170 --> 00:24:19,070
KT: all the

418
00:24:19,380 --> 00:24:24,810
Suze: You're 64 years of age, you're still really young. You

419
00:24:24,810 --> 00:24:28,720
Suze: have a whole lifetime really in front of you. Although

420
00:24:28,720 --> 00:24:32,000
Suze: you may not feel that way at this moment you do.

421
00:24:32,270 --> 00:24:36,470
Suze: And the longer you postpone doing what has to happen

422
00:24:36,470 --> 00:24:42,080
Suze: on every single level, the longer you are postponing owning

423
00:24:42,090 --> 00:24:46,240
Suze: the power to control your destiny, which seems to be

424
00:24:46,240 --> 00:24:51,070
Suze: the theme of today's Ask Suze and KT Anything

425
00:24:51,640 --> 00:24:56,320
Suze: So therefore, do it now girlfriend. Right.

426
00:24:56,420 --> 00:24:57,530
KT: Really

427
00:24:57,530 --> 00:25:00,820
Suze: Get into your own power now because as long as

428
00:25:00,820 --> 00:25:06,030
Suze: you're attached financially you're attached emotionally and every other way

429
00:25:06,040 --> 00:25:09,750
Suze: and it will become very messy split. Why the split

430
00:25:09,750 --> 00:25:10,590
Suze: is good.

431
00:25:10,600 --> 00:25:13,760
KT: Yeah. Keep it free baby. All right. Next question is

432
00:25:13,760 --> 00:25:17,949
KT: from James. Hi Suze. I enjoy your program and the

433
00:25:17,950 --> 00:25:21,270
KT: financial education and insight you provide.

434
00:25:21,450 --> 00:25:25,149
KT: My question has to do with the Series I bonds.

435
00:25:25,190 --> 00:25:29,040
KT: I have already purchased one for myself but I also

436
00:25:29,040 --> 00:25:32,869
KT: will be purchasing your four must have documents. Do I

437
00:25:32,869 --> 00:25:37,110
KT: need to wait until the revocable trust document is completely

438
00:25:37,109 --> 00:25:42,430
KT: done before I can purchase another Series  I bonds within

439
00:25:42,430 --> 00:25:43,230
KT: the trust.

440
00:25:43,240 --> 00:25:45,950
Suze: You bet you do, because they're gonna want to see

441
00:25:45,950 --> 00:25:49,070
Suze: everything that has to have a name and everything you

442
00:25:49,070 --> 00:25:50,280
Suze: have to do

443
00:25:50,450 --> 00:25:54,620
Suze: your trust before you get another Series I bond.

444
00:25:55,340 --> 00:25:59,270
Suze: I got to say something about Series I bonds because

445
00:25:59,280 --> 00:26:04,960
Suze: it is October 26 right? And on November 1 they

446
00:26:04,960 --> 00:26:08,920
Suze: will announce the official new rate for the next six months.

447
00:26:08,930 --> 00:26:13,379
Suze: But so many of you are writing me freaked out

448
00:26:13,390 --> 00:26:16,740
Suze: because you can't get in. You're trying to call them,

449
00:26:16,750 --> 00:26:18,640
Suze: you're getting kicked off line.

450
00:26:18,790 --> 00:26:22,859
Suze: Listen millions and millions of people right now are trying

451
00:26:22,859 --> 00:26:26,040
Suze: to get in on this. Didn't I say don't wait

452
00:26:26,040 --> 00:26:28,790
Suze: till the end of the month. Didn't I say do

453
00:26:28,790 --> 00:26:30,800
Suze: it as soon as you possibly could

454
00:26:31,430 --> 00:26:34,200
Suze: because if anything went wrong and you needed to make

455
00:26:34,200 --> 00:26:37,460
Suze: a change or something, you are not going to even

456
00:26:37,460 --> 00:26:41,220
Suze: get close to Treasury Direct dot gov right now. Not

457
00:26:41,230 --> 00:26:44,949
Suze: even close. Just know that and there is nothing I

458
00:26:44,950 --> 00:26:47,550
Suze: can do about it. I don't have a special number

459
00:26:47,550 --> 00:26:51,770
Suze: I can call it just is what it is. They are

460
00:26:51,770 --> 00:26:55,250
Suze: an archaic system that has to be overhauled. What else

461
00:26:55,250 --> 00:26:56,050
Suze: is new?

462
00:26:56,500 --> 00:27:00,169
Suze: But it's still the best deal in town and if

463
00:27:00,170 --> 00:27:05,050
Suze: you were lucky enough to get in to this 9.62% rate,

464
00:27:05,380 --> 00:27:08,149
Suze: you make sure that you keep it. Don't get mad

465
00:27:08,150 --> 00:27:13,000
Suze: at them. Don't cash it in. You stick right with it. Alright, KT.

466
00:27:13,030 --> 00:27:16,510
KT: Suze, my next question isn't really a question. It's a

467
00:27:16,510 --> 00:27:17,780
KT: "did you know."

468
00:27:17,790 --> 00:27:19,490
Suze: You love "did you knows."

469
00:27:19,560 --> 00:27:21,300
KT: I like "do you know."

470
00:27:21,310 --> 00:27:23,950
Suze: KT always wants me to do like...

471
00:27:23,960 --> 00:27:24,800
KT: "...did you know."

472
00:27:24,810 --> 00:27:27,730
Suze: ...a "Did you know" section did you know

473
00:27:28,090 --> 00:27:28,550
Suze: my whole

474
00:27:28,550 --> 00:27:29,109
Suze: life is

475
00:27:29,140 --> 00:27:32,730
Suze: did you know. How come you're wearing your little baseball cap?

476
00:27:32,890 --> 00:27:36,280
KT: I forgot to take it off because I was outside. I forgot.

477
00:27:36,290 --> 00:27:40,310
Suze: She's sitting here in this little baseball cap. Right? And

478
00:27:40,310 --> 00:27:45,240
Suze: this blue fishing. What's that called? Buff buff. Right.

479
00:27:45,240 --> 00:27:47,730
KT: And my favorite fishing shirt.

480
00:27:47,740 --> 00:27:49,160
Suze: You look so cute.

481
00:27:49,170 --> 00:27:49,730
KT: Thank you.

482
00:27:49,930 --> 00:27:52,890
Suze: You know what else? I realized why you look so different.

483
00:27:53,470 --> 00:27:55,680
Suze: You don't have glasses on.

484
00:27:55,800 --> 00:27:57,889
KT: I'm not wearing glasses anymore.

485
00:27:59,080 --> 00:27:59,429
KT: Did

486
00:27:59,430 --> 00:28:00,900
KT: we tell everybody about that?

487
00:28:00,900 --> 00:28:02,760
Suze: I can't remember.

488
00:28:02,770 --> 00:28:08,300
KT: Anyway, I had a really cool um, procedure and eye surgery.

489
00:28:08,300 --> 00:28:10,980
KT: I think we told them about a month ago,

490
00:28:10,990 --> 00:28:11,120
KT: but...

491
00:28:12,250 --> 00:28:16,240
KT: it's these really advanced technology lenses, which means I do not

492
00:28:16,240 --> 00:28:19,020
KT: need glasses ever for the rest of my

493
00:28:19,020 --> 00:28:19,440
KT: life

494
00:28:23,420 --> 00:28:25,800
KT: You know that when I wake up in the morning,

495
00:28:25,800 --> 00:28:27,520
KT: I reached to my bed, stand for

496
00:28:27,540 --> 00:28:28,210
KT: my glass.

497
00:28:28,210 --> 00:28:29,380
Suze: Is that what you're doing?

498
00:28:29,380 --> 00:28:30,420
KT: I still do that.

499
00:28:30,430 --> 00:28:32,070
Suze: I know I look at you and I go, what's

500
00:28:32,070 --> 00:28:32,909
Suze: she doing?

501
00:28:32,910 --> 00:28:35,850
KT: I do that every morning. It's such a habit. A

502
00:28:35,850 --> 00:28:39,950
KT: lifetime of wearing glasses when you get out of bed. Now,

503
00:28:39,950 --> 00:28:42,210
KT: I don't I don't reach. There's nothing there.

504
00:28:42,220 --> 00:28:42,690
Suze: I love my glasses. Okay.

505
00:28:44,220 --> 00:28:49,780
KT: She has a collection. All right. This is Mary. She said,

506
00:28:49,780 --> 00:28:53,510
KT: thank you. Suze and KT. I like when people call

507
00:28:53,510 --> 00:28:54,300
KT: me KT.

508
00:28:54,490 --> 00:28:58,290
KT: Thank you. Suze and KT for all your terrific advice

509
00:28:58,430 --> 00:29:03,700
KT: regarding freezing credit and the three big credit reporting bureaus.

510
00:29:03,720 --> 00:29:07,290
KT: So if all of you listening remember a couple podcasts ago,

511
00:29:07,290 --> 00:29:11,630
KT: Suze talked about the credit bureaus and freezing credit and

512
00:29:11,630 --> 00:29:14,410
KT: why it's necessary to do so.

513
00:29:14,770 --> 00:29:18,960
KT: The item that usually isn't mentioned is if someone dies

514
00:29:18,960 --> 00:29:22,930
KT: and their credit should be frozen by reporting their death

515
00:29:22,930 --> 00:29:26,700
KT: to the three credit bureaus. Now, Mary said my husband

516
00:29:26,700 --> 00:29:32,520
KT: died in 2017. I found out two years later that

517
00:29:32,520 --> 00:29:37,910
KT: someone had taken his social security number and personal information

518
00:29:38,100 --> 00:29:42,320
KT: to gain credit along with requesting bank loans.

519
00:29:42,500 --> 00:29:47,410
KT: A smart loan officer felt something was wrong and contacted me.

520
00:29:47,490 --> 00:29:51,080
KT: The three credit reporting Bureaus then told me that if

521
00:29:51,080 --> 00:29:56,450
KT: someone dies, their death should be reported immediately so that

522
00:29:56,450 --> 00:30:01,790
KT: the deceased information cannot be used. I wouldn't be responsible

523
00:30:01,790 --> 00:30:05,810
KT: for these deaths of course. But it's disturbing to the family.

524
00:30:07,880 --> 00:30:08,250
KT: Thank

525
00:30:08,250 --> 00:30:10,750
KT: you for giving us this information.

526
00:30:11,790 --> 00:30:12,010
Suze: You

527
00:30:12,010 --> 00:30:14,490
Suze: know what I didn't even ever think of that

528
00:30:15,130 --> 00:30:20,490
Suze: Mary. You just taught me something I've never thought of before. Alright, amazing.

529
00:30:20,500 --> 00:30:21,400
Suze: I can't believe it.

530
00:30:21,460 --> 00:30:24,560
KT: You know what time it is? Everybody. It's your favorite

531
00:30:24,560 --> 00:30:27,130
KT: time of the podcast - quizzie time.

532
00:30:27,130 --> 00:30:29,840
Suze: Alright, so I have to ask you a question and

533
00:30:29,840 --> 00:30:32,120
Suze: it's okay if we go a little long on this podcast.

534
00:30:32,810 --> 00:30:37,930
Suze: Right. Do you ever feel that I am mean to you?

535
00:30:37,980 --> 00:30:40,310
KT: No. Sometimes you are. (laughs)

536
00:30:42,840 --> 00:30:45,440
KT: No, you're not. I don't ever feel like you're mean

537
00:30:45,440 --> 00:30:48,790
KT: to me purposely. But sometimes it sounds like you're mean

538
00:30:48,790 --> 00:30:49,510
KT: to me.

539
00:30:49,520 --> 00:30:51,450
Suze: But do you ever feel like I am?

540
00:30:51,450 --> 00:30:54,920
KT: No, you just get frustrated because I don't pay attention.

541
00:30:54,970 --> 00:30:56,850
KT: But she's not mean to me everybody.

542
00:30:56,940 --> 00:30:57,740
Suze: The reason why...

543
00:30:57,950 --> 00:30:59,300
KT: Somebody wrote to Suze.

544
00:30:59,340 --> 00:31:00,550
Suze: A few people wrote and

545
00:31:00,550 --> 00:31:01,490
Suze: said, don't be so

546
00:31:01,490 --> 00:31:02,040
Suze: mean to

547
00:31:02,040 --> 00:31:03,640
Suze: KT. And

548
00:31:03,640 --> 00:31:05,430
Suze: I'm like, what are they talking?

549
00:31:05,440 --> 00:31:09,120
KT: She's not mean to me. Trust me. She isn't. She

550
00:31:09,120 --> 00:31:12,810
KT: just gets frustrated because I don't pay attention enough to her.

551
00:31:16,600 --> 00:31:18,260
Suze: Alright, are you ready?

552
00:31:19,000 --> 00:31:20,990
KT: I like the quizzie. Is everybody ready?

553
00:31:21,250 --> 00:31:24,860
Suze: So for all of you just know that right? Also

554
00:31:24,860 --> 00:31:26,870
Suze: I have to say one other thing. I just do

555
00:31:26,870 --> 00:31:27,610
Suze: KT

556
00:31:28,520 --> 00:31:32,130
Suze: a lot of times I ask KT a question and

557
00:31:32,130 --> 00:31:35,520
Suze: maybe I've gone over it four or five times and

558
00:31:35,520 --> 00:31:40,480
Suze: KT doesn't know the answer. And again, somebody wrote in

559
00:31:41,050 --> 00:31:42,810
Suze: and they said, KT,

560
00:31:43,670 --> 00:31:46,180
Suze: KT, you should know by now.

561
00:31:46,190 --> 00:31:46,950
Suze: You should

562
00:31:46,950 --> 00:31:51,450
Suze: know the answers to these right now. I just want,

563
00:31:52,460 --> 00:31:52,690
Suze: I

564
00:31:52,690 --> 00:31:57,810
Suze: just want to say something Roth Iras and how they work.

565
00:31:57,820 --> 00:32:03,140
Suze: Maybe one of the more complicated investments out there

566
00:32:03,590 --> 00:32:08,190
Suze: because there's all different kinds of rules, regulations and you

567
00:32:08,190 --> 00:32:13,640
Suze: can ask financial experts questions and I promise you they

568
00:32:13,640 --> 00:32:18,240
Suze: would not know the answers to them. So don't go

569
00:32:18,240 --> 00:32:21,950
Suze: getting down on KT if she doesn't know an answer

570
00:32:21,950 --> 00:32:25,080
Suze: to a question that you think she should know the

571
00:32:25,080 --> 00:32:25,990
Suze: answer to?

572
00:32:26,000 --> 00:32:27,920
KT: To defend

573
00:32:28,100 --> 00:32:32,320
KT: that listener, after 20 years, don't you think I should?

574
00:32:33,000 --> 00:32:33,920
Suze: No, actually I don't.

575
00:32:33,920 --> 00:32:35,229
KT: Okay, Well there you go.

576
00:32:35,240 --> 00:32:36,980
Suze: You know what you know

577
00:32:38,120 --> 00:32:40,340
KT: but what's my quizzie? I know this one.

578
00:32:40,350 --> 00:32:42,630
Suze: Can you tell? I was bothered by that everybody.

579
00:32:43,670 --> 00:32:44,240
KT: What's my quizzie?

580
00:32:45,480 --> 00:32:48,290
Suze: Don't go attack on my KT. I can tell you

581
00:32:48,290 --> 00:32:53,350
Suze: that right now. Hi Suze, This is from Amy. I

582
00:32:53,350 --> 00:32:54,790
Suze: was wondering,

583
00:32:55,100 --> 00:32:59,550
Suze: is the interest sitting in my I bond accounts earning

584
00:32:59,560 --> 00:33:03,920
Suze: interest at some point over the years or only the

585
00:33:03,920 --> 00:33:06,800
Suze: principle that I put in.

586
00:33:07,510 --> 00:33:09,520
Suze: That's the first part to the quizzie. T here's a

587
00:33:09,520 --> 00:33:10,350
Suze: second part.

588
00:33:11,300 --> 00:33:14,730
KT: So the answer is everything that's sitting in that account

589
00:33:14,730 --> 00:33:16,280
KT: is earning interest

590
00:33:16,290 --> 00:33:18,830
Suze: And how is it earning interest? So I put in

591
00:33:18,830 --> 00:33:21,950
Suze: a bond we bought a bond KT, you know we're

592
00:33:21,960 --> 00:33:27,000
Suze: annualizing making right now, 9.62%. So at the end of

593
00:33:27,000 --> 00:33:30,900
Suze: six months it's going to make about $481 for us.

594
00:33:30,910 --> 00:33:34,570
Suze: What happens to that? $481

595
00:33:35,660 --> 00:33:36,650
Suze: of interest?

596
00:33:41,040 --> 00:33:41,990
KT: I think... (KT starts laughing uncontrolably)

597
00:33:42,680 --> 00:33:47,760
Suze: There we go. The famous laugh is back, here we

598
00:33:47,760 --> 00:33:49,760
Suze: go.

599
00:33:51,490 --> 00:33:53,580
Suze: Here we go.

600
00:33:55,040 --> 00:33:58,490
KT: It's looking at your face. It's looking in her face.

601
00:33:58,500 --> 00:34:01,780
KT: It doesn't get combined with the other

602
00:34:03,210 --> 00:34:05,090
KT: does it? Yes.

603
00:34:05,580 --> 00:34:06,280
Suze: So now

604
00:34:06,280 --> 00:34:09,219
KT: combined with the with what you put in your principal.

605
00:34:09,230 --> 00:34:11,529
Suze: So now you have 10,481

606
00:34:11,530 --> 00:34:12,270
Suze: dollars

607
00:34:13,010 --> 00:34:14,720
Suze: and all of that make interest.

608
00:34:17,590 --> 00:34:18,480
KT: Why wouldn't it?

609
00:34:19,130 --> 00:34:21,130
Suze: Amy wanted to know.

610
00:34:21,140 --> 00:34:23,060
KT: Amy, Of course.

611
00:34:23,070 --> 00:34:23,800
Suze: Yeah,

612
00:34:24,060 --> 00:34:27,150
Suze: the I bond interest compounds Semi annual.

613
00:34:27,410 --> 00:34:30,690
KT: That's why it's a great deal because it's such a big compound.

614
00:34:30,690 --> 00:34:34,940
Suze: Right. Yes, got that. Alright. But the second part is

615
00:34:34,940 --> 00:34:38,760
Suze: if it's not would it be allowed to take out

616
00:34:38,770 --> 00:34:43,640
Suze: only the interest and we invested somewhere where that would

617
00:34:43,650 --> 00:34:44,920
Suze: earn interest?

618
00:34:46,870 --> 00:34:50,820
KT: But it is so it says if it's not but

619
00:34:50,820 --> 00:34:53,830
KT: it is earning interest. So that second half of the

620
00:34:53,830 --> 00:34:54,319
KT: question

621
00:34:54,850 --> 00:34:58,390
KT: Yes it's not it's not valid. Doesn't make sense.

622
00:34:58,390 --> 00:35:02,910
Suze: So Amy, it's not nice that she said that Amy right.

623
00:35:02,920 --> 00:35:07,640
Suze: It's this you cannot take money out of an I

624
00:35:07,640 --> 00:35:12,420
Suze: bond the first year, no matter what years two through

625
00:35:12,420 --> 00:35:15,910
Suze: five there is a three month interest penalty.

626
00:35:16,320 --> 00:35:20,220
Suze: So you wouldn't want to take it out. Number two

627
00:35:20,219 --> 00:35:23,090
Suze: and number three you don't need to because it is

628
00:35:23,100 --> 00:35:24,980
Suze: making interest.

629
00:35:24,989 --> 00:35:27,410
KT: Alright, okay, I got that one.

630
00:35:30,150 --> 00:35:34,210
Suze: Right, everyone a ding ding ding for KT. But KT, I'm never mean to you.

631
00:35:34,219 --> 00:35:37,230
KT: No, you're not. She's never mean to me.

632
00:35:37,570 --> 00:35:40,370
Suze: Right, so just stern sometimes. But that's my...

633
00:35:41,340 --> 00:35:43,820
KT: That's that's her nature. I get slap downs all the time. You think

634
00:35:43,820 --> 00:35:46,739
KT: you get a Suze slap down? I get KT slap

635
00:35:46,739 --> 00:35:50,420
KT: down all the time because it's something you know she's

636
00:35:50,420 --> 00:35:53,980
KT: either frustrated or she has to make a point

637
00:35:54,130 --> 00:35:56,420
KT: where she says you know you weren't listening.

638
00:35:56,420 --> 00:35:58,230
Suze: You know why... wait, can I just I'll tell you

639
00:35:58,230 --> 00:36:01,339
Suze: something and you know what KT does when I do that?

640
00:36:01,350 --> 00:36:07,890
Suze: She starts laughing uncontrollably because she thinks it's so funny

641
00:36:07,900 --> 00:36:11,610
Suze: and so really within a minute or two it stops.

642
00:36:11,880 --> 00:36:13,640
Suze: It's like okay, now what were we talking about?

643
00:36:14,430 --> 00:36:17,240
KT: We don't we're not we're not the kind of people

644
00:36:17,239 --> 00:36:19,430
KT: that get mad at each other. Ever.

645
00:36:19,560 --> 00:36:22,379
Suze: You say that. That's okay. Alright.

646
00:36:22,380 --> 00:36:23,590
KT: We don't stay angry.

647
00:36:23,590 --> 00:36:25,550
KT: Alright, so that was

648
00:36:25,550 --> 00:36:26,720
KT: a good podcast.

649
00:36:26,719 --> 00:36:32,140
Suze: It was! So Saturday night I'm going to talk about inherited

650
00:36:32,140 --> 00:36:35,880
Suze: IRAs and a change that has happened with them. I

651
00:36:35,880 --> 00:36:41,400
Suze: might talk about IRA Rollovers versus IRA transfers.

652
00:36:42,080 --> 00:36:42,319
Suze: I

653
00:36:42,320 --> 00:36:46,520
Suze: may talk about Social Security and I'm definitely going to

654
00:36:46,520 --> 00:36:51,219
Suze: talk about Treasuries. What I think is gonna happen with

655
00:36:51,230 --> 00:36:54,290
Suze: interest rates. Why? I think that's gonna happen how to

656
00:36:54,290 --> 00:36:57,380
Suze: buy them and go over all of that and probably

657
00:36:57,390 --> 00:36:59,810
Suze: a little bit about the stock market.

658
00:37:00,219 --> 00:37:02,620
Suze: That's that's what I've been thinking. Anything you want me

659
00:37:02,620 --> 00:37:03,290
Suze: to add to that?

660
00:37:03,300 --> 00:37:06,350
KT: Yeah, pour yourself a glass of wine everybody and have

661
00:37:06,350 --> 00:37:08,609
KT: a good time on Saturday night.

662
00:37:08,620 --> 00:37:10,880
Suze: Do you think we can contact those people and see

663
00:37:10,880 --> 00:37:12,390
Suze: if we can get the rights to the song and

664
00:37:12,390 --> 00:37:13,089
Suze: have them rewrite...

665
00:37:13,090 --> 00:37:17,480
KT: (Sings) It's another Saturday night And I got lots of money.

666
00:37:17,489 --> 00:37:20,640
Suze: No, I wanted to be and we all have lots

667
00:37:20,650 --> 00:37:21,669
Suze: of money.

668
00:37:21,980 --> 00:37:23,310
KT: We should let's let's re-write that.

669
00:37:23,820 --> 00:37:29,020
Suze: That's alright. Everybody in the hopes that one day everybody

670
00:37:29,270 --> 00:37:33,109
Suze: has financial freedom in their lives, Financial independence in their

671
00:37:33,110 --> 00:37:36,700
Suze: life may everybody always own the power to control their

672
00:37:36,700 --> 00:37:40,840
Suze: destiny and until saturday there's only one thing that we

673
00:37:40,840 --> 00:37:44,370
Suze: want you to remember when it comes to you and

674
00:37:44,370 --> 00:37:46,850
Suze: your money and what is it girlfriend?

675
00:37:46,870 --> 00:37:47,140
Suze: You're

676
00:37:47,140 --> 00:37:49,600
KT: going to stay safe, Strong and secure,

677
00:37:50,469 --> 00:37:51,000
Suze: secure.

678
00:37:51,000 --> 00:37:56,160
KT: And wish us luck tomorrow morning. It's our wahoo day.

679
00:37:56,170 --> 00:37:56,950
KT: We're going

680
00:37:56,950 --> 00:38:00,190
KT: fishing. It's going to be a great morning to fish.

681
00:38:00,200 --> 00:38:04,140
Suze: Alright, dolls. We will talk to you soon. Bye bye.