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

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Speaker 1: to Money on KFI. It's Joel Larsguard And speaking of planes,

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Speaker 1: airline prices could go down, Joel, because of GLP ones.

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Speaker 2: Yeah, that's isn't that interesting. We're just kind of starting

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Speaker 2: to figure out I think the many impacts of GLP

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Speaker 2: ones and on society, and individuals are figuring that out

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Speaker 2: for themselves. Actually, when you look at the chart of

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Speaker 2: the obesity obesit in the United States, we're seeing the

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Speaker 2: first tick down, kind of dramatic already in decades, right

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Speaker 2: for Americans. So it's really fascinating. People are adopting GLP ones,

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Speaker 2: they're getting they're getting cheaper, they're becoming more accessible, people

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Speaker 2: are getting slimmer, and it's going to have a bunch

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Speaker 2: of different shakeouts. And so one of those things, there's

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Speaker 2: a study recently done about how it could lead to

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Speaker 2: potentially lower airfare, and that's because if people way less,

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Speaker 2: that means that the airlines are gonna be able to

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Speaker 2: save some money on fuel costs, and that could either

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Speaker 2: boost airline earnings or it could pass on savings to consumers.

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Speaker 2: And I will say this, airlines are still it's still

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Speaker 2: a fairly competitive industry. So my guess is that we're

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Speaker 2: going to see at some point if I mean, in

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Speaker 2: this prediction was kind of extreme, if we see an

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Speaker 2: average ten percent reduction in average passenger weight, is what

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Speaker 2: the study was saying. So, like, is that going to happen? Doubtful,

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Speaker 2: But like, I don't know, We're still on kind of

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Speaker 2: the edge of GLP ones and their impact, and so

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Speaker 2: it's hard to know. But it's just fascinating to think

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Speaker 2: through the cascading economic realities of people taking these injections

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Speaker 2: and now these pills.

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Speaker 1: Well, it's also going to be interesting when people stop

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Speaker 1: taking them and everybody gains the weight back and all

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Speaker 1: of a sudden it costs a lot more to fly.

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Speaker 2: Hey, listen, let's not look on the downside. Let's not

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Speaker 2: get pessimistic here. Amy, I'm only thinking about the good stuff.

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Speaker 1: Okay, then let's keep talking about, well, the effect that

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Speaker 1: these weight loss drugs are having on everything, including the

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Speaker 1: grocery store.

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Speaker 2: Yeah. So this is also fascinating, and it makes total

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Speaker 2: sense because a huge part of the reason, like what

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Speaker 2: these weight loss drugs are doing is they're inhibiting your

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Speaker 2: appetite and because of that, it makes total sense that

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Speaker 2: you would want to consume less food, which is part

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Speaker 2: of the reason you're losing weight, and because of that,

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Speaker 2: you're buying less food at the grocery store. And so

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Speaker 2: there's this new Cornell study and they tracked people who

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Speaker 2: have been using GLP ones and essentially their grocery spending

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Speaker 2: went down five percent within six months of using whether

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Speaker 2: it's go vi ozempic, you know, whatever personal GLP one

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Speaker 2: they're opting for. And it's not just that, but it's

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Speaker 2: like the types of food that they're buying at the

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Speaker 2: grocery store changed as well, or at least they bought

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Speaker 2: fewer snacks and sweets and fast foods, and those are often,

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Speaker 2: to be honest, like the most expensive items at the

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Speaker 2: grocery store per calorie. Right, Like you buy a bag

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Speaker 2: of chips, and any one of us could I think

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Speaker 2: inhale a whole bag of chips, knowing that it's not

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Speaker 2: the best thing for us, and still be hungry at

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Speaker 2: the end of it, or go get some fast food

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Speaker 2: and be like, gosh, that didn't satiate me in the

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Speaker 2: way that I wanted. And so it's it is also

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Speaker 2: just interesting to see, like weight loss drugs. They're kind

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Speaker 2: of expensive. They're coming down in price, but one of

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Speaker 2: the side effects could be likely will be for some people.

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Speaker 2: And I'm not saying this is a good reason to

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Speaker 2: take the drugs. Consult your doctor, but that grocery store

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Speaker 2: spending could go down the more and more people tend

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Speaker 2: to adopt jailp ones.

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Speaker 1: Okay, And then speaking of going up and coming down,

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Speaker 1: credit scores very important, but when it comes to credit scores,

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Speaker 1: you got to watch out when it comes to influencers.

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Speaker 2: Yeah, I mean, gosh, this is so true always right,

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Speaker 2: Oh my gosh.

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Speaker 1: Yes.

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Speaker 2: I was like just talking to someone yesterday about student

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Speaker 2: loan repayment options, and you know, one of the what

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Speaker 2: kind of bad stuff are you hearing on the internet?

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Speaker 2: And he's a student loan lawyer, and he's like, man,

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Speaker 2: it's just it's awful. There's so many pitfalls out there

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Speaker 2: on TikTok that are leading people astray, giving people poor advice.

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Speaker 2: And the same thing is true on credit scores. And

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Speaker 2: the FTC recently released a consumer alert essentially about terrible

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Speaker 2: credit repair tips, and they give people, they're giving people

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Speaker 2: false hope essentially about you know, being able to get

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Speaker 2: that credit score back into decent shape. And a lot

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Speaker 2: of people find that when their credit scores in the dumps,

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Speaker 2: they're looking for a quick fix, and so often those

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Speaker 2: quick fixes are to challenge things that are actually accurate

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Speaker 2: right on their credit score, or to like what these

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Speaker 2: influencers are telling people to do is to file a

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Speaker 2: false identity theft report to get information removed. But if

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Speaker 2: it's accurate, then information is not going to be removed.

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Speaker 2: And if you're taking that tactic towards your credit record,

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Speaker 2: and I didn't really know this that it could potentially

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Speaker 2: be a crime. So you got to watch out and

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Speaker 2: maybe be careful who you're listening to. We have a

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Speaker 2: some helpful information up on how to money dot com

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Speaker 2: about boosting your credit score. It's one of those things.

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Speaker 1: He's going to ask you that where can we go

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Speaker 1: reputable information?

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Speaker 2: Yes you can, DII Wyatt. It takes time, and I

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Speaker 2: think what most people want is the silver bullet quick fix,

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Speaker 2: and that's what a lot of these influencers are promising,

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Speaker 2: right They're like, Hey, just do what I'm telling you

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Speaker 2: to get that junk removed and then you're you're back

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Speaker 2: into the seven hundred range or something like that. But

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Speaker 2: really it's your credit score. Pie is made up of

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Speaker 2: a bunch of different factors and if you're trying to

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Speaker 2: figure out what those are how to improve that. We've

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Speaker 2: got good information on how to money dot com. There's

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Speaker 2: also a website called Credit Karma that I think can

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Speaker 2: be helpful. They will try to like get your sign

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Speaker 2: up for credit cards and stuff there too, so watch

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Speaker 2: out for that, but it can be helpful insight into

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Speaker 2: what's going on with your credit score. Why maybe it's

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Speaker 2: it's not doing so hot, and it comes down to

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Speaker 2: really some basic things, you know, paying your your balances

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Speaker 2: on time, lowering your credit utilization ratio, so not opening

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Speaker 2: too many credit cards at once. I mean, there's a

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Speaker 2: bunch of stuff like that that really factor in. And

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Speaker 2: the promises though that you're going to be able to

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Speaker 2: boost your score overnight by just kind of trying to

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Speaker 2: knock something off your report that actually belongs there. That's

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Speaker 2: just that's not true.

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Speaker 1: Okay. For great information about how to take and keep

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Speaker 1: control of your money, you can listen more to our

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Speaker 1: friend Joel Larsgard. He has a show called How to Money.

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Speaker 1: It's on KFI every Sunday from noon to two. You

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Speaker 1: can also follow Joel at how to Money. Joel, thanks

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Speaker 1: for the great advice and information. As always, we'll talk

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Speaker 1: to you soon.

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Speaker 2: Sounds good, Thanks Amy,