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Speaker 1: Let's say good morning now too the host of How

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Speaker 1: to Money on KFI. It's Joel lars Guard.

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Speaker 2: Morning, Joel Morning Amy.

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Speaker 1: Okay, so we've all heard of door dash, but how

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Speaker 1: about door cash?

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Speaker 2: I mean the news of the strange and weird, Like,

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Speaker 2: who thought this was going to be a thing, especially

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Speaker 2: as we're mind being to being more of a cashless society.

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Speaker 2: The fact that you can now get cash delivered to

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Speaker 2: your doorstep is this is the weirdest thing. It was

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Speaker 2: the news I was not expecting this week. But this

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Speaker 2: is a Robin Hood initiative, and Robin they just feel

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Speaker 2: like the kind of company who's throwing noodles against the

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Speaker 2: wall to see what's going to stick, and maybe this

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Speaker 2: will be appealing to some of their customers. I don't

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Speaker 2: understand it necessarily myself why you might want to get

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Speaker 2: cash delivered to your doorstep. And the thing is, too,

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Speaker 2: it's going to cost money, like seven dollars to have

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Speaker 2: money delivered to your doorsteps, So it's think of this

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Speaker 2: instead of going to the atm, which really I mean

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Speaker 2: there's like billions of ATMs on every street corner. Instead

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Speaker 2: of going there, you can just have someone bring that

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Speaker 2: cash directly to you and you just pay more. Although

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Speaker 2: I will say ATMs mostly are pretty expensive these days

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Speaker 2: unless you have a relationship with a bank that eliminates fees,

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Speaker 2: which I recommend. But yeah, it can be really expensive

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Speaker 2: to get money from an ATM as well. But the

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Speaker 2: fact that Robinhood is trying to make this a thing

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Speaker 2: is surprising.

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Speaker 1: Well, you know, people spend a lot of money getting

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Speaker 1: food delivered, so maybe they'll be willing to spend the

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Speaker 1: money to have cash delivered.

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Speaker 2: Yeah, I mean maybe.

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Speaker 1: I know. I agree. I think it sounds ridiculous, but

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Speaker 1: with people being so used to having everything just dropped

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Speaker 1: off between Amazon and food and all of that stuff,

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Speaker 1: maybe it's part of what we're evolving to.

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Speaker 2: I think it just points to another notch in the

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Speaker 2: belt of the convenience culture that we've all become accustomed to.

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Speaker 2: And I'm not against convenience, and I think some conveniences

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Speaker 2: are worth paying for it, and they're a lovely part

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Speaker 2: of living in the year twenty twenty five. But then

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Speaker 2: you almost this almost feels like convenience jumping the shark,

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Speaker 2: where it's just you know, we've gone to this next

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Speaker 2: level and you pay for convenience, and so I think

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Speaker 2: it's really important for people to pick and choose the

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Speaker 2: conveniences that matter to them. Like for the longest time,

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Speaker 2: I was against grocery delivery and I was just like,

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Speaker 2: I'm not going to pay for that. That's ridiculous. And

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Speaker 2: then you know, with three kids and stuff, life gets

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Speaker 2: pretty busy. And I was able to like find some

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Speaker 2: discounted Instacard gift cards and I'm using same day through Costco,

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Speaker 2: and I was like, Okay, this feels like it's worth

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Speaker 2: it for me. But I'm really really reticent to bring

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Speaker 2: a new service that costs money into my life because

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Speaker 2: I know what's going to happen is I'm going to

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Speaker 2: get used to it and I'm gonna get used to

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Speaker 2: paying for it. And I would prefer to like be

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Speaker 2: more skeptical of anybody claiming that they're going to like

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Speaker 2: make my life better convenience that costs me a lot

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Speaker 2: of money, and just the only take these in sparingly,

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Speaker 2: like expand your convenience lifestyle sparingly, because it costs.

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Speaker 1: Money, exactly. We're just talking about that, like with the

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Speaker 1: streaming services with you and I have talked about before,

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Speaker 1: and I was just talking to my friend about like,

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Speaker 1: you get them and then you forget about them, and

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Speaker 1: so you just keep on paying for them. And isn't

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Speaker 1: it convenient And isn't it nice to have even though

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Speaker 1: it's costing a fortune?

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Speaker 2: Yep, yep. And if you need cash regularly, that's cool.

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Speaker 2: And I think we should probably be using cash more

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Speaker 2: as a society. I think there's something mentally that helps

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Speaker 2: us be better about spending when we're actually working over

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Speaker 2: dollar bills. I mean, there are studies about that, like

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Speaker 2: what's happening in our brain when we tap a credit

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Speaker 2: card versus when we hand over cash. So definitely think

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Speaker 2: about using cash more in your day to day life.

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Speaker 2: But be with one of my favorite online banks that

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Speaker 2: has extensive atm networks where you can get your cash

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Speaker 2: for free, or like Schwab. I'm pretty sure they still

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Speaker 2: reimburse all the atmpies. They eat it for you on

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Speaker 2: your behalf. And so there are great banks out there

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Speaker 2: that don't charge any ATMPs. So at least consider that

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Speaker 2: if you are someone who likes to use cash.

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Speaker 1: Okay, and then here's another thing. Did you know that

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Speaker 1: Ralphs is now charging you for cash back? No?

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Speaker 2: Yeah, so i'stally charging.

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Speaker 1: I can't remember because I don't do it. I did

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Speaker 1: it once, I was like what and didn't really think

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Speaker 1: about it. So now I do it at my pavilions,

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Speaker 1: where I still don't. I don't think they're charging. But yeah,

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Speaker 1: they started like a year ago. And just kind of went, oh, yeah,

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Speaker 1: that's like convenience fee or whatever they're calling it. But

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Speaker 1: there is a female and you get cash back at

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Speaker 1: the grocery store.

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Speaker 2: That's really silly. That's so frustrating because that used to

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Speaker 2: be the easiest. I had to give a twenty bucks

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Speaker 2: or something like that when you're buying your groceries. And

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Speaker 2: if they're going to charge for that, yeah, that's an

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Speaker 2: annoying that's annoying thing. I can't imagine that's a great

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Speaker 2: customer service or most people feel great about that.

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Speaker 1: Yeah, And speaking of grocery stores, apparently prices are going

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Speaker 1: to maybe start coming down.

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Speaker 2: Boy, I hope so. And I mean this is something

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Speaker 2: that I was pretty pretty willing to discuss openly before

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Speaker 2: you know, the Biation day was coming around. The tariffs

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Speaker 2: are not a good thing that they are essentially attacks

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Speaker 2: on the American shopper. And yet you know, the President

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Speaker 2: was really keen on terrafts. He you know, said they

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Speaker 2: were like the best word in the in the English language.

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Speaker 2: And what's happened since then is like, you know, we

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Speaker 2: haven't seen quite the increase in prices that many had predicted,

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Speaker 2: although I was talking to a friend the other day

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Speaker 2: who works for a really big water sports company, and

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Speaker 2: he was saying, well, we've been eating them for now.

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Speaker 2: We can't do it forever. And I think that's happening

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Speaker 2: with a lot of companies. There was inventory build up

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Speaker 2: ahead of the terraffs, and then there was a certain

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Speaker 2: amount of like taking the punch themselves instead of passing

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Speaker 2: on to the consumers. Those days are quickly ending, and

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Speaker 2: so prices all we are seeing prices ratchet up. And

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Speaker 2: the other thing is at the grocery store in particular,

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Speaker 2: some of the tariffs that were levied were on items

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Speaker 2: that we're not going to produce, and we can't really produce,

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Speaker 2: like coffee, right, We don't grow a lot of coffee

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Speaker 2: in the United States of America. Bananas pretty hard to

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Speaker 2: grow bananas in Alaska, right, So we just saw prices

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Speaker 2: climb significantly on those because of terriff and now the

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Speaker 2: President is realizing, well, affordability is the thing that Americans

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Speaker 2: care about, seemingly more than anything else, and it's a

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Speaker 2: political issue, and so he's quietly rolling back some of

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Speaker 2: those tariffs. So we might be seeing price rollbacks on

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Speaker 2: some of those things that we've got used to seeing

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Speaker 2: massive price increases on.

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Speaker 1: Well, we'll be watching for it, because that would be

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Speaker 1: wonderful news. The host of How to Money on KFI

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Speaker 1: is our very own Joel Larsgar. You can hear him

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Speaker 1: every Sunday from noon to two right here on CAFI.

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Speaker 1: You can also follow him at how to Money. Joel.

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Speaker 1: Thank you, Joel.

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Speaker 2: Thanks Amy