1 00:00:00,120 --> 00:00:03,159 Speaker 1: Welcome to How the Money. I'm Joel and I and Matt's. 2 00:00:03,279 --> 00:00:08,520 Speaker 1: Today we're discussing contactless payments, employer assisted savings, and Bogo flights. 3 00:00:27,600 --> 00:00:30,440 Speaker 1: Bogo flights makes me wonder if it's in like Florida, 4 00:00:30,480 --> 00:00:32,440 Speaker 1: where you have to buy two flights in order to 5 00:00:32,440 --> 00:00:34,080 Speaker 1: get that one free. You know they're not gonna they're 6 00:00:34,080 --> 00:00:35,720 Speaker 1: not gonna give you that one flight a half off. 7 00:00:35,760 --> 00:00:37,640 Speaker 1: You have to you have to buy one full price 8 00:00:37,680 --> 00:00:39,479 Speaker 1: flight and then you get that second one from you're 9 00:00:39,479 --> 00:00:42,879 Speaker 1: talking about public Spogo deal public. There's there's a specific 10 00:00:42,960 --> 00:00:45,680 Speaker 1: law in the state of Florida where you can't actually 11 00:00:45,680 --> 00:00:47,800 Speaker 1: buy just one. You have to buy two items in 12 00:00:47,880 --> 00:00:49,640 Speaker 1: order to get one free, whereas in Georgia when we 13 00:00:49,680 --> 00:00:51,839 Speaker 1: shop at Publis, you actually can just buy one and 14 00:00:51,880 --> 00:00:54,320 Speaker 1: get it half off. Exactly one of those little grocery 15 00:00:54,360 --> 00:00:57,240 Speaker 1: trivia facts. If you happen to vacation in Florida, like 16 00:00:57,280 --> 00:00:59,440 Speaker 1: we do from time to time for our beach trips, 17 00:00:59,480 --> 00:01:01,279 Speaker 1: oh no, you need to get two bottles catch up. 18 00:01:01,920 --> 00:01:03,560 Speaker 1: Hey what am I gonna do with two bottles to 19 00:01:03,600 --> 00:01:05,600 Speaker 1: catch up? And he's one? It's like, why are we 20 00:01:05,640 --> 00:01:07,800 Speaker 1: going home from the beach with more groceries than we 21 00:01:07,880 --> 00:01:09,880 Speaker 1: came here with. You know. That's that's how Yeah, that's 22 00:01:09,880 --> 00:01:11,360 Speaker 1: how it goes down in Florida. But we'll talk more 23 00:01:11,400 --> 00:01:13,759 Speaker 1: about the Bogo flights here in just a second. Yeah, 24 00:01:13,800 --> 00:01:15,400 Speaker 1: and we normally talk about something here at the beginning, 25 00:01:15,480 --> 00:01:17,880 Speaker 1: something a little more personal that we're actually going to 26 00:01:17,959 --> 00:01:20,520 Speaker 1: say for the end of the episode on this episode 27 00:01:20,520 --> 00:01:23,120 Speaker 1: and update on my Nissan leaf. Yeah, exactly. So last 28 00:01:23,160 --> 00:01:25,600 Speaker 1: week you yeah, you had a window busted outs and 29 00:01:25,640 --> 00:01:28,119 Speaker 1: you shared how you went about getting that replaced, how 30 00:01:28,120 --> 00:01:29,679 Speaker 1: you got that fixed. By the way, I will say 31 00:01:29,760 --> 00:01:32,240 Speaker 1: a lot of good insight from some of our listeners 32 00:01:32,240 --> 00:01:34,360 Speaker 1: in the Facebook group this week after I shared that. 33 00:01:34,760 --> 00:01:37,080 Speaker 1: UM and certain insurers and this is something that we 34 00:01:37,120 --> 00:01:39,840 Speaker 1: should have talked about last week the class break face. Yeah, 35 00:01:39,880 --> 00:01:42,320 Speaker 1: they do have you know, specific protection just for glass 36 00:01:42,560 --> 00:01:45,000 Speaker 1: that's either a smaller amount for a month or sometimes 37 00:01:45,040 --> 00:01:47,920 Speaker 1: it's free and doesn't involve you're deductible. But then again, 38 00:01:48,320 --> 00:01:51,040 Speaker 1: even taking advantage of that coverage can put something on 39 00:01:51,080 --> 00:01:53,600 Speaker 1: your clue report and it could result in higher premiums 40 00:01:53,800 --> 00:01:57,040 Speaker 1: if you changed insurers at a future date. It's also convoluted, 41 00:01:57,080 --> 00:02:00,520 Speaker 1: but it is worth mentioning that sometimes Ensure are really 42 00:02:00,520 --> 00:02:03,919 Speaker 1: great about covering the glass breakage um and it doesn't 43 00:02:03,920 --> 00:02:06,000 Speaker 1: involve paying it deductible. Yeah, I know. That's how they 44 00:02:06,000 --> 00:02:08,280 Speaker 1: actually have it in South Carolina, the entire state, regardless 45 00:02:08,280 --> 00:02:10,280 Speaker 1: of what ensure you have, if you have a chipped 46 00:02:10,440 --> 00:02:13,320 Speaker 1: or crack windshield, you get it replaced for free. South 47 00:02:13,360 --> 00:02:16,240 Speaker 1: Carolina is actually only one of three states that offer that. 48 00:02:16,280 --> 00:02:19,240 Speaker 1: So it's pretty cool. Although there's never a free lunch, right, like, like, 49 00:02:19,480 --> 00:02:21,320 Speaker 1: at some point you're paying for it, whether it's I 50 00:02:21,320 --> 00:02:24,200 Speaker 1: don't know, after taxes, higher insurance rates somehow, I'm sure 51 00:02:24,240 --> 00:02:26,440 Speaker 1: those folks are paying for that. Yeah, but it is 52 00:02:26,520 --> 00:02:27,960 Speaker 1: nice to know, especially if you live in one of 53 00:02:27,960 --> 00:02:31,040 Speaker 1: those three states. I think it's South Carolina, Florida, in 54 00:02:31,120 --> 00:02:33,680 Speaker 1: Kentucky that that's the case. So yeah, good to know 55 00:02:33,800 --> 00:02:36,399 Speaker 1: that before you replace that glass on your own time. 56 00:02:36,919 --> 00:02:39,320 Speaker 1: But Matt, let's get to our Friday flight a sampling 57 00:02:39,320 --> 00:02:42,480 Speaker 1: of stories we found interesting this week, and let's first 58 00:02:42,520 --> 00:02:45,080 Speaker 1: give a quick update to a story we talked about recently. 59 00:02:45,440 --> 00:02:47,040 Speaker 1: Not too long ago, on the show, we talked about 60 00:02:47,040 --> 00:02:50,080 Speaker 1: some of the dangers of high inter savings accounts. That 61 00:02:50,160 --> 00:02:53,960 Speaker 1: sounds a little weird because what's dangerous about a savings account. Well, 62 00:02:54,440 --> 00:02:57,400 Speaker 1: there are of course a lot of websites touting savings 63 00:02:57,440 --> 00:03:00,280 Speaker 1: products that are actually just so much riskier in a 64 00:03:00,320 --> 00:03:04,200 Speaker 1: traditional savings account. Many of these online savings accounts aren't 65 00:03:04,320 --> 00:03:07,280 Speaker 1: actually fd I censured, which puts your money at risk. 66 00:03:07,800 --> 00:03:12,120 Speaker 1: And then CNBC actually reported just recently that one of 67 00:03:12,200 --> 00:03:16,240 Speaker 1: the fake banks online is going through a tough time 68 00:03:16,240 --> 00:03:20,320 Speaker 1: and they're not actually returning customer deposits in a timely manner. 69 00:03:20,639 --> 00:03:23,840 Speaker 1: This particular online bank, and i'll put that in quotation 70 00:03:23,880 --> 00:03:27,640 Speaker 1: marks bank is called Beam. They were promising returns of 71 00:03:27,720 --> 00:03:30,160 Speaker 1: up to seven percent on your money. So it's just 72 00:03:30,240 --> 00:03:32,720 Speaker 1: interesting that that happened recently after we talked about it, 73 00:03:32,760 --> 00:03:35,080 Speaker 1: and it goes to show that it is highly risky 74 00:03:35,200 --> 00:03:38,520 Speaker 1: to put your money with one of these online accounts 75 00:03:38,560 --> 00:03:41,120 Speaker 1: that isn't backed by federal protection. Yes, so what a 76 00:03:41,120 --> 00:03:43,560 Speaker 1: you're gonna do about that hashtag team Beam tattoo that 77 00:03:43,560 --> 00:03:48,320 Speaker 1: you got? What's you know? What's interesting about Beam too, 78 00:03:48,360 --> 00:03:50,040 Speaker 1: is that they're they're not technically a bank, you know, 79 00:03:50,080 --> 00:03:52,440 Speaker 1: like you said, quote unquote bank, but they're not really 80 00:03:52,480 --> 00:03:55,160 Speaker 1: a bank. But on their site, you know, they did 81 00:03:55,240 --> 00:03:57,560 Speaker 1: used to say that they partnered with many well known 82 00:03:57,600 --> 00:04:00,640 Speaker 1: banks like City Group and Morgan Stanley, and those banks 83 00:04:00,640 --> 00:04:03,240 Speaker 1: are actually f d i C insured, right, And so 84 00:04:03,360 --> 00:04:06,280 Speaker 1: you know whether Beam was was just lying or maybe 85 00:04:06,280 --> 00:04:10,240 Speaker 1: those relationships just went sour. Yeah, individuals who deposited money 86 00:04:10,280 --> 00:04:12,839 Speaker 1: with Beam are just in a crappy position right now. 87 00:04:13,160 --> 00:04:15,200 Speaker 1: So yeah, it's a good reminder for folks if it's 88 00:04:15,200 --> 00:04:16,920 Speaker 1: too good to be true, If it sounds like it's 89 00:04:16,920 --> 00:04:19,040 Speaker 1: too good to be true, it probably is like, oh, 90 00:04:19,080 --> 00:04:20,640 Speaker 1: my bank and every other bank I know is paying 91 00:04:20,640 --> 00:04:25,280 Speaker 1: half a percent, this bank's paying seven. It sounds legit. Uh. 92 00:04:25,400 --> 00:04:26,720 Speaker 1: I mean, that's the thing that like, there aren't a 93 00:04:26,760 --> 00:04:29,039 Speaker 1: whole lot of great options out there. But you know, 94 00:04:29,080 --> 00:04:31,080 Speaker 1: if you are looking for an f d i CE 95 00:04:31,279 --> 00:04:35,000 Speaker 1: insured accounts that pays better than the average rates, will 96 00:04:35,040 --> 00:04:37,799 Speaker 1: make sure to toss a helpful link into the show notes. 97 00:04:38,000 --> 00:04:40,240 Speaker 1: And while we do encourage, you know, the use of 98 00:04:40,320 --> 00:04:43,360 Speaker 1: higher interest savings accounts online, yeah, I would stay away 99 00:04:43,360 --> 00:04:45,400 Speaker 1: from the ones that that do seem yet too good 100 00:04:45,440 --> 00:04:47,360 Speaker 1: to be true. Yeah, And in particular look them up 101 00:04:47,400 --> 00:04:49,400 Speaker 1: on the fd I C S website to see if 102 00:04:49,400 --> 00:04:53,040 Speaker 1: that bank is actually in the fd I C insurance program. 103 00:04:53,040 --> 00:04:55,360 Speaker 1: That's a good rule of thumb if it's a bank 104 00:04:55,400 --> 00:04:58,400 Speaker 1: that you're not sure about, Matt, speaking of higher returns, 105 00:04:58,560 --> 00:05:01,880 Speaker 1: but higher returns that are are actually real. Let's talk 106 00:05:01,880 --> 00:05:04,760 Speaker 1: about the stock market really quick, because stocks have had 107 00:05:05,080 --> 00:05:07,760 Speaker 1: a really great couple of weeks, and you know, we 108 00:05:07,800 --> 00:05:10,160 Speaker 1: don't typically talk about the stock market and what's been 109 00:05:10,200 --> 00:05:12,520 Speaker 1: happening over the last week or two very often, and 110 00:05:12,640 --> 00:05:15,000 Speaker 1: that's for a good reason, right, not really our beat. Yeah, 111 00:05:15,440 --> 00:05:17,600 Speaker 1: there's is not really much of a point as incredibly 112 00:05:17,640 --> 00:05:20,640 Speaker 1: long term investors to talk about what happened last week 113 00:05:20,720 --> 00:05:23,039 Speaker 1: or last month in the stock market. Investors like you 114 00:05:23,080 --> 00:05:24,880 Speaker 1: and I and most of our listeners who are planning 115 00:05:24,920 --> 00:05:28,360 Speaker 1: to let our investments sit for decades to come. Um, 116 00:05:28,400 --> 00:05:30,400 Speaker 1: it's just not that big of a deal what happened 117 00:05:30,440 --> 00:05:33,359 Speaker 1: last week. But the recent stock market highs post election 118 00:05:33,640 --> 00:05:35,520 Speaker 1: are kind of interesting, and I think we're talking about 119 00:05:36,120 --> 00:05:38,920 Speaker 1: and what was interesting to me, Matt, is that even 120 00:05:38,960 --> 00:05:40,760 Speaker 1: at the end of last week, after the election had 121 00:05:40,760 --> 00:05:43,080 Speaker 1: taken place and who the next president was going to 122 00:05:43,200 --> 00:05:45,839 Speaker 1: be was still completely up in the air. We weren't 123 00:05:45,839 --> 00:05:49,480 Speaker 1: sure the stock market was exploding upwards. There was still 124 00:05:49,480 --> 00:05:52,359 Speaker 1: a lot of confusion in the political arena. But stocks 125 00:05:52,360 --> 00:05:55,000 Speaker 1: were climbing higher. And the interesting thing was it looked 126 00:05:55,000 --> 00:05:57,760 Speaker 1: like investors are actually looking more towards the House and 127 00:05:58,120 --> 00:06:00,280 Speaker 1: Senate races, and it looked like there is going to 128 00:06:00,360 --> 00:06:04,160 Speaker 1: be political deadlock in the nation's future. Basically, the division 129 00:06:04,520 --> 00:06:08,160 Speaker 1: of Democrats and Republicans at the federal level means there 130 00:06:08,200 --> 00:06:11,599 Speaker 1: won't be much legislation or at least meaningful legislation getting 131 00:06:11,600 --> 00:06:14,760 Speaker 1: past in the next four years. Yeah, I mean businesses 132 00:06:14,920 --> 00:06:18,039 Speaker 1: like for businesses like, the fewer rules and regulations typically 133 00:06:18,120 --> 00:06:20,240 Speaker 1: the better for a lot of businesses. And so a 134 00:06:20,240 --> 00:06:21,680 Speaker 1: lot of folks see that and they think, oh, cool, 135 00:06:21,720 --> 00:06:25,080 Speaker 1: businesses are gonna be able to expand explode. There's gonna 136 00:06:25,080 --> 00:06:26,800 Speaker 1: be a lot of growth in the coming years because 137 00:06:26,839 --> 00:06:29,000 Speaker 1: there is going to be less regulation. That's the idea. 138 00:06:29,000 --> 00:06:32,279 Speaker 1: And if nothing else, more certainty, more predictability, and that's 139 00:06:32,360 --> 00:06:35,120 Speaker 1: important to write. Um And and maybe we're reading into 140 00:06:35,160 --> 00:06:36,800 Speaker 1: the tea leaves a little bit too much, but but 141 00:06:36,880 --> 00:06:39,839 Speaker 1: either way, these short term market movements don't mean that 142 00:06:39,920 --> 00:06:41,960 Speaker 1: much to those of us who are investing for decades 143 00:06:42,000 --> 00:06:44,320 Speaker 1: to come. It's just kind of an interesting blip on 144 00:06:44,360 --> 00:06:46,840 Speaker 1: the radar to see that stocks have done really well 145 00:06:46,880 --> 00:06:50,200 Speaker 1: and that actually that level of uncertainty led to some 146 00:06:50,320 --> 00:06:53,920 Speaker 1: certainty for investors. Yeah, we saw earlier this week as 147 00:06:53,920 --> 00:06:56,919 Speaker 1: well that news on the vaccine front also lifted markets. 148 00:06:57,040 --> 00:07:00,359 Speaker 1: Right Fiser, They reported that their new vaccine trials point 149 00:07:00,400 --> 00:07:04,320 Speaker 1: to effectiveness. And this is great news for our country 150 00:07:04,360 --> 00:07:06,159 Speaker 1: and for the whole world, right from a from a 151 00:07:06,160 --> 00:07:09,320 Speaker 1: health standpoint to potentially, you know, hopefully put this nightmare 152 00:07:09,360 --> 00:07:12,480 Speaker 1: behind us, and from a stock market perspective, like overall, 153 00:07:12,480 --> 00:07:15,240 Speaker 1: stocks did go up, but it does depend on what 154 00:07:15,360 --> 00:07:18,720 Speaker 1: specific stocks that we're talking about, because good news on 155 00:07:18,720 --> 00:07:22,240 Speaker 1: the vaccine front means possibly returning to normal life. So 156 00:07:22,360 --> 00:07:26,720 Speaker 1: companies like Boeing and chevron I saw huge increases on Monday, 157 00:07:26,760 --> 00:07:29,040 Speaker 1: like I think double digit increases on that one day 158 00:07:29,800 --> 00:07:34,360 Speaker 1: as folks boto stocks. Whereas tech companies like Netflix and Amazon. Uh, 159 00:07:34,400 --> 00:07:37,080 Speaker 1: you know, these different technology companies that have seen their 160 00:07:37,080 --> 00:07:39,840 Speaker 1: stocks go up during the pandemic, they actually saw pretty 161 00:07:39,840 --> 00:07:43,200 Speaker 1: big decreases as investors started to bail. This is a 162 00:07:43,240 --> 00:07:47,040 Speaker 1: process called stock rotation, as folks sell certain stocks and 163 00:07:47,040 --> 00:07:49,400 Speaker 1: then get into other ones in different sectors. Uh. And 164 00:07:49,440 --> 00:07:52,000 Speaker 1: again these changes don't have an impact on the way 165 00:07:52,000 --> 00:07:54,520 Speaker 1: that we invest However, it is helpful, I think to 166 00:07:54,520 --> 00:07:57,559 Speaker 1: have an explanation of of what's going on in the market. 167 00:07:57,600 --> 00:07:59,640 Speaker 1: You know, if you happen to see some headlines or 168 00:07:59,720 --> 00:08:01,920 Speaker 1: you have to check a stock chart, people will react 169 00:08:01,960 --> 00:08:03,880 Speaker 1: to the market. And that's why we see volatility in 170 00:08:03,920 --> 00:08:06,400 Speaker 1: the short term. But that's something that we don't concern 171 00:08:06,400 --> 00:08:09,560 Speaker 1: ourselves with as much. But it is interesting to know that. Yeah, 172 00:08:09,600 --> 00:08:12,600 Speaker 1: always fascinating to kind of see why the market does 173 00:08:12,600 --> 00:08:15,720 Speaker 1: what it does, even though we're not making changes to 174 00:08:15,840 --> 00:08:17,800 Speaker 1: our portfolio because of it. It's helpful to have just 175 00:08:17,960 --> 00:08:21,880 Speaker 1: a solid understanding behind what's going on. Yeah, exactly, all right, Matt. Yeah, 176 00:08:21,880 --> 00:08:24,440 Speaker 1: And with Fiser reporting on that new vaccine and the 177 00:08:25,040 --> 00:08:28,000 Speaker 1: high effectiveness rate, that's great news. And it's great news 178 00:08:28,400 --> 00:08:31,920 Speaker 1: for the potential of flying in the near future. Um, 179 00:08:32,080 --> 00:08:34,600 Speaker 1: how near in the future. It's hard. It might it 180 00:08:34,720 --> 00:08:37,000 Speaker 1: might still be a while. But we noticed recently there 181 00:08:37,040 --> 00:08:39,160 Speaker 1: were a couple of stories written about buy one, get 182 00:08:39,160 --> 00:08:41,360 Speaker 1: one free flights, and now that's kind of a new 183 00:08:41,520 --> 00:08:44,680 Speaker 1: strategy right now to get Americans to start traveling again 184 00:08:44,880 --> 00:08:47,600 Speaker 1: because demand for airfare is still ridiculously low. You wanna 185 00:08:47,640 --> 00:08:49,679 Speaker 1: fly to California, how about a five for your spouse 186 00:08:49,679 --> 00:08:53,320 Speaker 1: as well. Yeah, and Alaska Air in particular, they were 187 00:08:53,360 --> 00:08:55,839 Speaker 1: offering like all three seats at the same time, so 188 00:08:56,679 --> 00:08:58,560 Speaker 1: they're like just by one you get three. Bring your 189 00:08:58,600 --> 00:09:01,920 Speaker 1: kid along too, why not? Uh So, yeah, basically getting 190 00:09:01,920 --> 00:09:03,360 Speaker 1: you a whole row so you don't have to sit 191 00:09:03,480 --> 00:09:05,240 Speaker 1: near anybody else. I mean it makes sense too, because 192 00:09:05,240 --> 00:09:06,959 Speaker 1: if you're gonna buy a flight for like you and 193 00:09:07,040 --> 00:09:08,839 Speaker 1: maybe a couple of family members, or like you and 194 00:09:08,880 --> 00:09:12,160 Speaker 1: two friends, certainly you're probably potting together. So there's yeah, 195 00:09:12,160 --> 00:09:13,880 Speaker 1: a little bit less of a health concern with those 196 00:09:13,880 --> 00:09:16,920 Speaker 1: immediately sitting next to you. Yeah. Yeah. In air Asia 197 00:09:17,120 --> 00:09:20,439 Speaker 1: was offering an unlimited travel vouchers for for a few 198 00:09:20,480 --> 00:09:22,880 Speaker 1: months for customers that couldn't stay out of the airplane. 199 00:09:22,920 --> 00:09:25,959 Speaker 1: I guess, like a flight buffet all you can fly 200 00:09:26,640 --> 00:09:30,560 Speaker 1: down and um, obviously it's like they're like the Olive 201 00:09:30,559 --> 00:09:35,080 Speaker 1: Garden of flights, the Olive Garden or the Piccadilly I 202 00:09:35,080 --> 00:09:39,079 Speaker 1: don't know your family. With air Asia, so many buffets 203 00:09:39,080 --> 00:09:42,960 Speaker 1: to choose from. Obviously, though, the airlines are still having 204 00:09:42,960 --> 00:09:45,199 Speaker 1: a really difficult time hard to get people to fly, 205 00:09:45,320 --> 00:09:47,560 Speaker 1: and that makes sense. I mean, Matt, I'm still not 206 00:09:48,360 --> 00:09:50,320 Speaker 1: jazz to get on a plane, and I don't really 207 00:09:50,320 --> 00:09:52,640 Speaker 1: have any planes to travel anytime in the near future, 208 00:09:52,679 --> 00:09:55,480 Speaker 1: at least until things like meaningfully change. But you know 209 00:09:55,640 --> 00:09:57,360 Speaker 1: there there are some people are itching to get back 210 00:09:57,360 --> 00:09:59,920 Speaker 1: into an airplane, and these ridiculously low prices could be 211 00:10:00,080 --> 00:10:02,079 Speaker 1: just the thing to convince you. So we would say 212 00:10:02,120 --> 00:10:05,040 Speaker 1: keep an eye out for frequent air fair promotions that 213 00:10:05,080 --> 00:10:07,719 Speaker 1: are happening like these ones that we've seen. You might 214 00:10:07,720 --> 00:10:09,959 Speaker 1: be able to fly for way less than you thought. 215 00:10:10,280 --> 00:10:12,160 Speaker 1: And if you want to keep up on cheap air 216 00:10:12,160 --> 00:10:14,439 Speaker 1: fair deals. We've had Scott from Scotts Cheap Flights on 217 00:10:14,480 --> 00:10:17,720 Speaker 1: the show before his email newsletter is I think the 218 00:10:17,720 --> 00:10:20,040 Speaker 1: best thing out there to stay on top of what 219 00:10:20,200 --> 00:10:22,240 Speaker 1: cheap flights are happening and when the good deals are 220 00:10:22,280 --> 00:10:25,000 Speaker 1: happening out of your new Yest airports. Yeah. I'm not 221 00:10:25,000 --> 00:10:27,120 Speaker 1: planning to fly anytime soon, but hopped on Google Flights 222 00:10:27,120 --> 00:10:28,880 Speaker 1: and I saw that there's a thirty five dollar flight 223 00:10:28,920 --> 00:10:32,120 Speaker 1: from Atlanta to Chicago. That's crazy cheap, dude. It's like 224 00:10:32,160 --> 00:10:34,720 Speaker 1: easy Jet or Ryan Air prices. It's like, I wasn't 225 00:10:34,720 --> 00:10:36,440 Speaker 1: planning to go to Chicago, but I just might if 226 00:10:36,440 --> 00:10:38,160 Speaker 1: I can do it for that little money. You siously, 227 00:10:38,520 --> 00:10:40,439 Speaker 1: and you might be able to find super cheap flights too, 228 00:10:40,960 --> 00:10:43,600 Speaker 1: for flights further out on the calendar when it might 229 00:10:43,640 --> 00:10:45,960 Speaker 1: be a little less nerve racking to get on a plane. 230 00:10:46,160 --> 00:10:48,560 Speaker 1: But beware of the additional fees that you might be 231 00:10:48,600 --> 00:10:51,360 Speaker 1: on the hook for if you do snaggy discount of ticket. 232 00:10:51,400 --> 00:10:54,640 Speaker 1: You know, cheap tickets could come with baggage fees, fees 233 00:10:54,679 --> 00:10:56,840 Speaker 1: for picking a seat, all types of fees. You know, 234 00:10:56,960 --> 00:11:01,160 Speaker 1: airlines love fees. So I know the cancelation policy as well. 235 00:11:01,559 --> 00:11:03,640 Speaker 1: H if you have to change your flight. And actually 236 00:11:03,679 --> 00:11:06,920 Speaker 1: the points guys created helpful all in one place to 237 00:11:07,000 --> 00:11:09,760 Speaker 1: see the current cancelation policies. Uh, and we'll make sure 238 00:11:09,760 --> 00:11:11,600 Speaker 1: to link to that in the show notes. And dude, 239 00:11:11,600 --> 00:11:13,520 Speaker 1: speaking of the you know the ways COVID is changing 240 00:11:13,559 --> 00:11:16,000 Speaker 1: how we live, do you ever disinfect your credit card? 241 00:11:16,120 --> 00:11:18,200 Speaker 1: I've never done it. You really have never done that. 242 00:11:18,720 --> 00:11:20,959 Speaker 1: I probably should, I guess now. And back in the spring, 243 00:11:21,000 --> 00:11:23,280 Speaker 1: before we knew much about how COVID spread, I feel 244 00:11:23,320 --> 00:11:24,839 Speaker 1: like I was doing it. Maybe I don't know, every 245 00:11:24,920 --> 00:11:26,960 Speaker 1: every couple of days. Honestly, I think every time we 246 00:11:26,960 --> 00:11:28,760 Speaker 1: were going out, because we weren't going out that much 247 00:11:28,800 --> 00:11:31,760 Speaker 1: to grocery stores. But anytime we did, I was, you know, 248 00:11:31,800 --> 00:11:33,720 Speaker 1: I don't know. You see certain stores and certain restaurants 249 00:11:33,760 --> 00:11:35,400 Speaker 1: kind of wiping your card down for you, and so 250 00:11:35,679 --> 00:11:37,160 Speaker 1: then you go to one that doesn't do that, and 251 00:11:37,200 --> 00:11:38,880 Speaker 1: you think, oh, how can you don't wipe down my card? 252 00:11:38,920 --> 00:11:40,480 Speaker 1: And so once I get home, I would kind of 253 00:11:40,480 --> 00:11:43,000 Speaker 1: do it myself, you know. According to Harvard Health, the 254 00:11:43,040 --> 00:11:45,720 Speaker 1: coronavirus can live on plastic and stainless deal for up 255 00:11:45,760 --> 00:11:49,720 Speaker 1: to three days, and the CDC advises that frequently touched 256 00:11:49,800 --> 00:11:52,920 Speaker 1: objects and services should also be cleaned and sanitized at 257 00:11:53,000 --> 00:11:55,000 Speaker 1: least once a day. That's why I only roll with 258 00:11:55,040 --> 00:11:58,679 Speaker 1: titanium credit cards Matt naturally German free, and I don't 259 00:11:58,720 --> 00:12:01,199 Speaker 1: think that's true. So I sports say, you know, to 260 00:12:01,320 --> 00:12:03,120 Speaker 1: use a clean cloth with alcohol, give it a good 261 00:12:03,120 --> 00:12:05,800 Speaker 1: wipe down. It's not a major way that the coronavirus 262 00:12:05,840 --> 00:12:07,679 Speaker 1: is being spread. It's certainly a good step to take, 263 00:12:07,720 --> 00:12:09,760 Speaker 1: certainly something to be aware of. But you know, folks 264 00:12:09,760 --> 00:12:12,960 Speaker 1: should also consider using Google or Apple pay uh and 265 00:12:13,040 --> 00:12:16,520 Speaker 1: even go completely contactless. Okay, so that I've never disinfected 266 00:12:16,640 --> 00:12:19,880 Speaker 1: my credit cards, and maybe I should, but I just 267 00:12:20,080 --> 00:12:22,560 Speaker 1: literally signed up for Google pay, and I gotta say 268 00:12:22,720 --> 00:12:24,959 Speaker 1: it's a game changer already. I don't know why I've 269 00:12:25,000 --> 00:12:26,880 Speaker 1: never done this before. I kind of feel like an 270 00:12:26,880 --> 00:12:29,199 Speaker 1: old man who was holding out on new technology or 271 00:12:29,240 --> 00:12:31,280 Speaker 1: something like that. But then it was like it was 272 00:12:31,320 --> 00:12:33,760 Speaker 1: a breeze to set it up, it was a breeze 273 00:12:33,800 --> 00:12:36,240 Speaker 1: to check out. It's quick too, rite like when you 274 00:12:36,240 --> 00:12:38,280 Speaker 1: hold it over the little reader, it's awesome, it's awesome, 275 00:12:38,280 --> 00:12:40,839 Speaker 1: it's great. So um, I would say it's way smoother 276 00:12:40,960 --> 00:12:42,600 Speaker 1: than pulling out your credit card, and it takes less 277 00:12:42,600 --> 00:12:45,760 Speaker 1: time as well. Um, not to mention that you don't 278 00:12:45,800 --> 00:12:49,400 Speaker 1: have anything to disinfect afterwards, because it's completely touch free, 279 00:12:49,520 --> 00:12:52,720 Speaker 1: so touchy. Yeah yeah, so um, if you don't want 280 00:12:52,760 --> 00:12:55,200 Speaker 1: to have to sanitize your credit cards, then yeah, Google 281 00:12:55,280 --> 00:12:58,080 Speaker 1: or Apple pay can be just as easy, and actually, 282 00:12:58,160 --> 00:13:00,880 Speaker 1: you know, they can be safer methods of payment at 283 00:13:00,880 --> 00:13:02,600 Speaker 1: the same time. Yeah. I think for a while, like 284 00:13:02,640 --> 00:13:04,920 Speaker 1: I avoided Apple Pay because I was under the impression 285 00:13:04,920 --> 00:13:06,840 Speaker 1: that I had to use the Apple credit card, you know, 286 00:13:06,880 --> 00:13:08,800 Speaker 1: like they rolled that out not that long ago, and 287 00:13:08,880 --> 00:13:10,679 Speaker 1: I think in my mind, I was thinking, oh, well, 288 00:13:10,679 --> 00:13:12,240 Speaker 1: I want to be able to use my old credit cards, 289 00:13:12,400 --> 00:13:14,360 Speaker 1: but that's not how these things work. These are mobile 290 00:13:14,360 --> 00:13:16,240 Speaker 1: wallets essentially, and you can just take a picture of 291 00:13:16,280 --> 00:13:18,800 Speaker 1: your credit card and it automatically scans the information in 292 00:13:18,840 --> 00:13:21,200 Speaker 1: for you. It's awesome. So you're still able to use 293 00:13:21,320 --> 00:13:23,200 Speaker 1: you know, your great credit cards like the ones that 294 00:13:23,240 --> 00:13:25,000 Speaker 1: give six percent back on grocery shores like that. I'm 295 00:13:25,040 --> 00:13:26,760 Speaker 1: going to continue to use that no matter if I 296 00:13:26,800 --> 00:13:29,000 Speaker 1: have to touch all sorts of things like, I'm gonna 297 00:13:29,000 --> 00:13:31,160 Speaker 1: get that six percent back. Uh. And so for me, 298 00:13:31,200 --> 00:13:32,520 Speaker 1: I think for a while there, I just had a 299 00:13:32,559 --> 00:13:35,839 Speaker 1: misunderstanding of how mobile wallets actually worked. So if that's 300 00:13:35,880 --> 00:13:38,439 Speaker 1: not something you've ever given a shot, definitely check out 301 00:13:38,480 --> 00:13:40,560 Speaker 1: the Google Pay or Apple Pay if you have an iPhone, 302 00:13:40,679 --> 00:13:42,240 Speaker 1: no doubt. All Right, Matt, Well, we got more to 303 00:13:42,280 --> 00:13:45,319 Speaker 1: get to, including breaking news on what's happening with my 304 00:13:45,400 --> 00:13:47,720 Speaker 1: niecean Leaf. We'll get to that and more right after 305 00:13:47,760 --> 00:13:58,880 Speaker 1: this break. All Right, we're back from the break, and 306 00:13:58,960 --> 00:14:00,800 Speaker 1: j we were just talking about Google will pay. So 307 00:14:00,840 --> 00:14:03,800 Speaker 1: speaking of Google and cell phones, actually just saw that 308 00:14:03,920 --> 00:14:07,800 Speaker 1: Google is eliminating their unlimited photo storage next year. I 309 00:14:07,840 --> 00:14:10,320 Speaker 1: saw that. It's a big bummer. So I think for 310 00:14:10,360 --> 00:14:13,280 Speaker 1: folks who have phones that have smaller hard drives that 311 00:14:13,320 --> 00:14:16,520 Speaker 1: have been dependent on Google Photos. I think that's definitely 312 00:14:16,559 --> 00:14:18,079 Speaker 1: something to keep in mind. You know, like you might 313 00:14:18,080 --> 00:14:19,840 Speaker 1: want to pay a little bit more for a phone 314 00:14:19,840 --> 00:14:22,120 Speaker 1: with larger storage so you don't have to pay this 315 00:14:22,240 --> 00:14:25,400 Speaker 1: monthly fees to you know, iCloud or to Google Photos, 316 00:14:25,560 --> 00:14:28,360 Speaker 1: or do a photo dump from your phone on your computer. 317 00:14:28,400 --> 00:14:29,760 Speaker 1: That's what I do. Yeah, that's another way to do 318 00:14:29,800 --> 00:14:33,160 Speaker 1: it too, because the storage Sometimes on phones, to get 319 00:14:33,160 --> 00:14:36,880 Speaker 1: a small upgrading storage, it can be an extra bucks 320 00:14:36,960 --> 00:14:40,160 Speaker 1: for the next level, and sometimes that doesn't feel worth it. 321 00:14:40,520 --> 00:14:43,720 Speaker 1: Um And yeah, your computer probably has three gigs of 322 00:14:43,760 --> 00:14:46,280 Speaker 1: storage on it already, or you might have a Tera 323 00:14:46,320 --> 00:14:48,680 Speaker 1: bite backup. So just start tossing your photos on there, 324 00:14:48,720 --> 00:14:50,960 Speaker 1: delete the old ones off your phone, and you're good 325 00:14:50,960 --> 00:14:54,680 Speaker 1: to go. Yeah, man, that's right. Let's talk about movie theaters, right, AMC, 326 00:14:55,000 --> 00:14:57,760 Speaker 1: like every other single movie theater chain out there, is 327 00:14:57,800 --> 00:15:00,760 Speaker 1: having a really tough time. Earlier the month, they actually 328 00:15:00,800 --> 00:15:05,520 Speaker 1: reported a drop in revenue. That's never a good sign 329 00:15:05,640 --> 00:15:07,480 Speaker 1: when you see something like that. Well, one of the 330 00:15:07,480 --> 00:15:08,880 Speaker 1: ways that they're trying to claw back some of that 331 00:15:08,960 --> 00:15:11,720 Speaker 1: revenue is you can now rents a private theater for 332 00:15:11,720 --> 00:15:15,200 Speaker 1: a movie showing Variety reports that customers can rent out 333 00:15:15,400 --> 00:15:19,400 Speaker 1: a showing at any of AMC's six screening rooms nationwide 334 00:15:19,440 --> 00:15:21,600 Speaker 1: for as low as ninety nine dollars for as many 335 00:15:21,640 --> 00:15:25,400 Speaker 1: as twenty patrons. Twenty of your friends. Uh. And so 336 00:15:25,480 --> 00:15:27,240 Speaker 1: if you've got some people that you've been potting with 337 00:15:27,720 --> 00:15:30,280 Speaker 1: and you've been you know, dying for that theater experience 338 00:15:30,720 --> 00:15:32,760 Speaker 1: or even you know, honestly just to do something fun 339 00:15:32,800 --> 00:15:36,200 Speaker 1: outside your house, anything outside of the house, then this 340 00:15:36,280 --> 00:15:38,880 Speaker 1: could totally fit that bill. Yeah. I think it's interesting 341 00:15:38,920 --> 00:15:40,880 Speaker 1: because when you actually break it down price per ticket, 342 00:15:40,920 --> 00:15:43,280 Speaker 1: if it's nine bucks and there's twenty of you in 343 00:15:43,320 --> 00:15:45,960 Speaker 1: the theater, twenty people you trust and charge more though, 344 00:15:45,960 --> 00:15:48,120 Speaker 1: like depending on how many people you bring in maybe yeah, yeah, 345 00:15:48,120 --> 00:15:50,440 Speaker 1: they said prices vary. It starts at ninety nine. I'm 346 00:15:50,480 --> 00:15:52,400 Speaker 1: not exactly sure what the final walkout price is going 347 00:15:52,440 --> 00:15:54,360 Speaker 1: to be, but my goodness, you're probably willing to pay 348 00:15:54,400 --> 00:15:56,720 Speaker 1: almost anything to go see, you know, a movie in 349 00:15:56,760 --> 00:15:58,480 Speaker 1: the theater these days, and to kind of get that 350 00:15:58,560 --> 00:16:01,000 Speaker 1: private experiences is kind of You can go see Tennant, 351 00:16:01,040 --> 00:16:02,600 Speaker 1: did you which you haven't seen? You know, I haven't 352 00:16:02,600 --> 00:16:05,680 Speaker 1: seen any have you know? Okay, I'm like isn't the 353 00:16:05,680 --> 00:16:06,880 Speaker 1: only way you could have seen it to go to 354 00:16:06,880 --> 00:16:08,640 Speaker 1: a theater? Or are they streaming it now? No, I 355 00:16:08,640 --> 00:16:10,160 Speaker 1: think it's still in the theater. But yeah, I mean 356 00:16:10,160 --> 00:16:12,040 Speaker 1: I think that's like the only movie I've heard of recently. 357 00:16:12,120 --> 00:16:15,360 Speaker 1: So yeah, uh well, all right, Matt. On that note, 358 00:16:15,800 --> 00:16:19,400 Speaker 1: hilarious but kind of interesting fact about running your own 359 00:16:19,440 --> 00:16:22,000 Speaker 1: private theater is that you're still not supposed to bring 360 00:16:22,280 --> 00:16:25,080 Speaker 1: any outside food or drink, which I thought was kind 361 00:16:25,080 --> 00:16:28,360 Speaker 1: of crazy because you just bought out the entire room, 362 00:16:28,360 --> 00:16:30,920 Speaker 1: the entire screen, and then they're saying, don't bring in 363 00:16:30,960 --> 00:16:34,280 Speaker 1: your own milk duds, like you gotta buy ours, so dumb. Yeah, 364 00:16:34,480 --> 00:16:37,000 Speaker 1: So is it frugal or cheap to bringing your own 365 00:16:37,000 --> 00:16:38,840 Speaker 1: stuff to a movie theater? Like, you know, back before 366 00:16:38,880 --> 00:16:40,640 Speaker 1: when we actually went to the theaters, did you bring 367 00:16:40,680 --> 00:16:42,520 Speaker 1: in your own candy well before you bought it? I 368 00:16:42,560 --> 00:16:44,440 Speaker 1: would say it's totally frugal, Like if you buy out 369 00:16:44,440 --> 00:16:46,560 Speaker 1: a room, right know, like, hey, I'm gonna if I 370 00:16:46,560 --> 00:16:48,040 Speaker 1: do that, I'm gonna bring in my own stuff like 371 00:16:48,120 --> 00:16:50,880 Speaker 1: it's just gonna happen. But so back in normal times, 372 00:16:50,920 --> 00:16:53,200 Speaker 1: I would say, if you're gonna bring in like an 373 00:16:53,280 --> 00:16:56,240 Speaker 1: entire bag pop bag of popcorn with like hot butter 374 00:16:56,360 --> 00:16:58,400 Speaker 1: like leaking out outside of it, and you're like getting 375 00:16:58,400 --> 00:17:00,840 Speaker 1: the inside of your jacket or you know, your partner's 376 00:17:00,840 --> 00:17:03,720 Speaker 1: purse all buttery. You're being cheap, you know, like something 377 00:17:03,760 --> 00:17:06,160 Speaker 1: like that. I don't think you should do that, but like, 378 00:17:06,320 --> 00:17:08,760 Speaker 1: obviously bringing anything in kind of breaks the rules. But 379 00:17:08,800 --> 00:17:10,840 Speaker 1: I feel like if you're just bringing in like Reese's pieces, 380 00:17:10,880 --> 00:17:12,800 Speaker 1: that's one of my favorite movie theater candies. You're just 381 00:17:12,800 --> 00:17:14,560 Speaker 1: bringing in a little box of candy like that, I 382 00:17:14,560 --> 00:17:17,080 Speaker 1: think totally fine. Popcorn lovers, you're gonna hate on them. 383 00:17:17,119 --> 00:17:19,600 Speaker 1: But if Reese's pieces are all capcorn, that's the thing. 384 00:17:19,680 --> 00:17:22,720 Speaker 1: I'm almost like a sliding scale of justification, just a little, 385 00:17:22,720 --> 00:17:24,240 Speaker 1: a little something like that. I feel like that's just 386 00:17:24,280 --> 00:17:26,639 Speaker 1: more acceptable. I guess it makes me think though to 387 00:17:26,720 --> 00:17:29,439 Speaker 1: one of my earliest memories of uh we went to 388 00:17:29,480 --> 00:17:30,720 Speaker 1: a movie. Kate and I went to a movie with 389 00:17:30,760 --> 00:17:33,119 Speaker 1: you and Emily. I cannot remember for the life of 390 00:17:33,119 --> 00:17:36,600 Speaker 1: me what movie we went and saw. But the ladies 391 00:17:36,600 --> 00:17:38,560 Speaker 1: went ahead and went into the theater, but you and 392 00:17:38,560 --> 00:17:42,520 Speaker 1: I we took a little detour the publics. They're in 393 00:17:42,520 --> 00:17:46,720 Speaker 1: the lighting station public a lot of they are phogos 394 00:17:46,800 --> 00:17:48,639 Speaker 1: And I was swinging by there and we picked up 395 00:17:48,680 --> 00:17:50,560 Speaker 1: some treats there. Do you remember that? Yes? And I 396 00:17:50,600 --> 00:17:54,440 Speaker 1: will say I'm not above bringing my own uh soda 397 00:17:54,720 --> 00:17:57,920 Speaker 1: or candy into the movie theater. I might be cheap 398 00:17:57,960 --> 00:17:59,560 Speaker 1: of me, but I do it anyway. But it's it 399 00:17:59,640 --> 00:18:01,640 Speaker 1: was cheap from a relational standpoint too, because if you're 400 00:18:01,680 --> 00:18:03,520 Speaker 1: with somebody. Luckily it was you and me and we 401 00:18:03,520 --> 00:18:05,879 Speaker 1: were together. But even back then, I remember thinking like, 402 00:18:05,920 --> 00:18:07,560 Speaker 1: oh this is is Joe gonna be cool with this? 403 00:18:07,720 --> 00:18:09,399 Speaker 1: Or is this something that he's gonna judge me for? 404 00:18:09,640 --> 00:18:12,040 Speaker 1: And maybe vice versa. Maybe you were thinking the same thing, 405 00:18:12,240 --> 00:18:13,800 Speaker 1: or judge you if you bought the eight dollar popcorn 406 00:18:13,840 --> 00:18:16,920 Speaker 1: that cemented our relationship. They're like, heck, yeah, let's go 407 00:18:16,960 --> 00:18:19,280 Speaker 1: to publics. Let's score some treats, right right, All right, 408 00:18:19,359 --> 00:18:21,760 Speaker 1: let's let's keep moving on. Then there was another interesting 409 00:18:21,800 --> 00:18:24,760 Speaker 1: story in the New York Times this this week. More 410 00:18:24,800 --> 00:18:27,840 Speaker 1: companies are helping employees with their saving school and that 411 00:18:28,000 --> 00:18:31,879 Speaker 1: right up discussed how certain large employers and government entities 412 00:18:31,960 --> 00:18:34,760 Speaker 1: are trying to help their employees boost their savings and 413 00:18:34,840 --> 00:18:38,080 Speaker 1: creating an emergency fund. Obviously, what when we look at 414 00:18:38,080 --> 00:18:42,119 Speaker 1: the statistics, fifty of Americans don't have four dollars to 415 00:18:42,119 --> 00:18:44,560 Speaker 1: put towards an emergency so so it's a real problem 416 00:18:44,560 --> 00:18:47,280 Speaker 1: and companies um looking to help out in this way 417 00:18:47,520 --> 00:18:50,760 Speaker 1: is is welcomed for a lot of employees. This dovetails 418 00:18:50,760 --> 00:18:52,960 Speaker 1: with the trend that we're seeing of employers taking a 419 00:18:52,960 --> 00:18:55,879 Speaker 1: more active role in the personal financial status of employees 420 00:18:55,920 --> 00:18:58,919 Speaker 1: in general too. And there's also a benefit for employers 421 00:18:58,960 --> 00:19:01,800 Speaker 1: because employees are more likely to turn out better work 422 00:19:01,880 --> 00:19:03,960 Speaker 1: if their finances are in a good spot. They're actually 423 00:19:04,000 --> 00:19:06,879 Speaker 1: less likely to be impacted by certain health situations that 424 00:19:06,920 --> 00:19:09,320 Speaker 1: are that come on due to stress um and at 425 00:19:09,320 --> 00:19:11,399 Speaker 1: the same time, they're actually less likely to leave that 426 00:19:11,480 --> 00:19:14,120 Speaker 1: job too, there's less turnover in those positions. So it's 427 00:19:14,119 --> 00:19:17,440 Speaker 1: this mutually beneficial thing. And some of these programs offer 428 00:19:17,520 --> 00:19:20,400 Speaker 1: matching contributions at the same time. So if you are 429 00:19:20,440 --> 00:19:23,760 Speaker 1: one of those lucky folks whose employer offers an incentive 430 00:19:23,840 --> 00:19:26,320 Speaker 1: to save not just an incentive to invest in your 431 00:19:26,320 --> 00:19:29,320 Speaker 1: for one K, which most employers offer, but an incentive 432 00:19:29,359 --> 00:19:32,439 Speaker 1: to actually help you save up an emergency fund, then 433 00:19:32,560 --> 00:19:34,760 Speaker 1: jump on it. Yeah, never leave that free money on 434 00:19:34,800 --> 00:19:37,040 Speaker 1: the table man. And also getting HR to split your 435 00:19:37,040 --> 00:19:39,000 Speaker 1: paycheck is a great way to start your own emergency 436 00:19:39,040 --> 00:19:41,880 Speaker 1: fund if you don't have access to a program like this, 437 00:19:41,920 --> 00:19:43,920 Speaker 1: and you know most of us don't, but taking those 438 00:19:43,920 --> 00:19:46,680 Speaker 1: steps to silo that money can be can kind of 439 00:19:46,680 --> 00:19:49,200 Speaker 1: give you this behavioral game changing boost. You know, there's 440 00:19:49,240 --> 00:19:51,359 Speaker 1: an element to putting some of your money out of 441 00:19:51,400 --> 00:19:53,560 Speaker 1: sight that it will also take it out of your 442 00:19:53,560 --> 00:19:56,199 Speaker 1: mind where you'll be less tempted to spend it. And 443 00:19:56,240 --> 00:19:57,600 Speaker 1: so that's what you want to do with, you know, 444 00:19:57,640 --> 00:20:01,080 Speaker 1: some of that emergency savings money that you're working on. Yeah, man, 445 00:20:01,119 --> 00:20:03,359 Speaker 1: I think going to the hr and and getting some 446 00:20:03,480 --> 00:20:06,480 Speaker 1: of your paycheck diverted to a same news account where 447 00:20:06,560 --> 00:20:08,360 Speaker 1: you're not really thinking about that money most of the time, 448 00:20:08,480 --> 00:20:11,160 Speaker 1: is a great way to go. And you mentioned money 449 00:20:11,200 --> 00:20:12,960 Speaker 1: being out of sight, out of mind. One of my 450 00:20:13,119 --> 00:20:16,240 Speaker 1: family members recently um completely actually forgot that they put 451 00:20:16,560 --> 00:20:19,920 Speaker 1: a large chunk of cash in a safe. So you 452 00:20:19,920 --> 00:20:22,119 Speaker 1: don't want to forget about it to that extent. Another 453 00:20:22,119 --> 00:20:24,040 Speaker 1: family member found it and it was this thing, and 454 00:20:24,240 --> 00:20:25,680 Speaker 1: it was just you don't want to that out of 455 00:20:25,760 --> 00:20:28,119 Speaker 1: sight out of her exactly. Oh wait, I didn't realize 456 00:20:28,160 --> 00:20:30,680 Speaker 1: I had that much money. Um stored under the bed 457 00:20:30,720 --> 00:20:33,720 Speaker 1: at your house. Uh? Sorry, how do I forget about that? So, yeah, 458 00:20:33,800 --> 00:20:35,560 Speaker 1: you wanna know that it's there, but you don't want 459 00:20:35,560 --> 00:20:38,280 Speaker 1: to know that it's there, if you know what I'm saying. Yeah, Essentially, 460 00:20:38,280 --> 00:20:40,199 Speaker 1: we're trying to shift the perception of the amount of 461 00:20:40,200 --> 00:20:42,399 Speaker 1: money that we can easily access. You know. It's like 462 00:20:42,440 --> 00:20:44,680 Speaker 1: I think when it feels like that we have an 463 00:20:44,680 --> 00:20:46,680 Speaker 1: overabundance of money, you know, or or when it feels 464 00:20:46,720 --> 00:20:48,679 Speaker 1: like we have plenty, I think we're less likely to 465 00:20:48,720 --> 00:20:51,760 Speaker 1: be resourceful or less likely to be frugal. It makes 466 00:20:51,760 --> 00:20:53,159 Speaker 1: me think about when I was a teenager and I 467 00:20:53,200 --> 00:20:55,480 Speaker 1: would go to you know, fill up the gas in 468 00:20:55,520 --> 00:20:57,520 Speaker 1: my car. When the light comes on, I would drive 469 00:20:57,800 --> 00:21:00,280 Speaker 1: so gingerly, like I barely hit the gap us, like 470 00:21:00,320 --> 00:21:02,200 Speaker 1: I want to make sure I'm just putting every drop 471 00:21:02,240 --> 00:21:04,119 Speaker 1: of gas, you know, it's a good use. But then 472 00:21:04,160 --> 00:21:05,919 Speaker 1: when I fill the car up, I think, oh, I've 473 00:21:05,960 --> 00:21:08,040 Speaker 1: got plenty of gas, and I floor it. You know, 474 00:21:08,080 --> 00:21:10,040 Speaker 1: I'll leave the gas station with the lead foot And 475 00:21:10,080 --> 00:21:11,600 Speaker 1: it's I think the same is true with our money. 476 00:21:11,640 --> 00:21:14,400 Speaker 1: When it feels like that we have the right amounts 477 00:21:14,640 --> 00:21:16,439 Speaker 1: of money set aside and I think we tend to 478 00:21:16,440 --> 00:21:18,639 Speaker 1: do smarter things with it, and so this is a 479 00:21:18,680 --> 00:21:21,120 Speaker 1: way for us to essentially, you know, trick ourselves change 480 00:21:21,160 --> 00:21:22,320 Speaker 1: the way we think about it, and I think that 481 00:21:22,320 --> 00:21:24,399 Speaker 1: will mean that we are able to achieve some of 482 00:21:24,400 --> 00:21:27,000 Speaker 1: these savings goals that we have more easily. Yeah, it's 483 00:21:27,040 --> 00:21:29,359 Speaker 1: a good point, all right, Matt. Let's get to our 484 00:21:29,400 --> 00:21:31,200 Speaker 1: our last story that we want to share for today, 485 00:21:31,200 --> 00:21:33,320 Speaker 1: and it will involve my Niecean leap in just a second. 486 00:21:33,680 --> 00:21:36,399 Speaker 1: But there is a story about a new car free 487 00:21:36,400 --> 00:21:39,720 Speaker 1: neighborhood that's popping up in Phoenix, Arizona, which apparently is 488 00:21:39,760 --> 00:21:42,359 Speaker 1: one of the hardest metro areas to get by in 489 00:21:42,560 --> 00:21:46,040 Speaker 1: without a car. Um But there is a new development 490 00:21:46,320 --> 00:21:48,480 Speaker 1: that was really intriguing to us. I believe it's called 491 00:21:48,520 --> 00:21:50,600 Speaker 1: the cul de Sac, and folks that choose to to 492 00:21:50,680 --> 00:21:53,920 Speaker 1: live there will actually be contractually obligated to not park 493 00:21:53,960 --> 00:21:57,480 Speaker 1: a car on site or on nearby streets. And there's 494 00:21:57,520 --> 00:22:00,480 Speaker 1: also a light rail line that goes directly into Phoenix 495 00:22:00,800 --> 00:22:03,800 Speaker 1: from this new neighborhood. Right, So this new development, it 496 00:22:03,840 --> 00:22:05,879 Speaker 1: certainly seems like something that younger folks are going to 497 00:22:05,920 --> 00:22:09,240 Speaker 1: be attracted to. Much of the development matt in Town, Atlanta, 498 00:22:09,240 --> 00:22:11,720 Speaker 1: where we live, is in an attempt to help people 499 00:22:11,760 --> 00:22:14,480 Speaker 1: live without a car or live with fewer cars as 500 00:22:14,520 --> 00:22:17,119 Speaker 1: the belt line expands where we live, and walking and 501 00:22:17,160 --> 00:22:21,240 Speaker 1: bike ability become major priorities, And yeah, we're all about that. 502 00:22:21,320 --> 00:22:24,440 Speaker 1: Anything that helps people ditch a car, anything that helps people, 503 00:22:24,800 --> 00:22:28,480 Speaker 1: anything that makes cities more accessible without having to sit 504 00:22:28,520 --> 00:22:30,720 Speaker 1: in traffic is great news. I think. Yeah, I think 505 00:22:30,720 --> 00:22:33,320 Speaker 1: anybody who lives in a city or lives in an 506 00:22:33,320 --> 00:22:35,919 Speaker 1: area where there's like some of these rails to trails programs, 507 00:22:36,320 --> 00:22:38,320 Speaker 1: they know how fun it is. But then also to yeah, 508 00:22:38,320 --> 00:22:41,160 Speaker 1: how exciting it is that there are some potential alternative 509 00:22:41,200 --> 00:22:43,840 Speaker 1: forms of transportation on the horizon. But you know, most 510 00:22:43,840 --> 00:22:45,879 Speaker 1: people don't live in a place where, you know, not 511 00:22:46,000 --> 00:22:49,280 Speaker 1: having a car feels possible. But you know, especially in 512 00:22:49,320 --> 00:22:52,720 Speaker 1: today's working from home environment, many people could stay in 513 00:22:52,800 --> 00:22:56,560 Speaker 1: to own one fewer vehicle without encountering too much inconvenience. 514 00:22:56,760 --> 00:22:59,400 Speaker 1: We talked about that back in episode two forty two 515 00:22:59,440 --> 00:23:01,920 Speaker 1: if you haven't heard that one. But regardless of whether 516 00:23:02,000 --> 00:23:04,760 Speaker 1: you want to live in a planned community that outlaws cars, 517 00:23:04,880 --> 00:23:06,520 Speaker 1: or if you want to live in a suburban or 518 00:23:06,640 --> 00:23:10,000 Speaker 1: more rural area, just think a little bit more about 519 00:23:10,040 --> 00:23:11,720 Speaker 1: whether or not you can get rid of a car 520 00:23:12,040 --> 00:23:14,320 Speaker 1: in your life. You know, we would recommend for folks 521 00:23:14,359 --> 00:23:16,560 Speaker 1: to simply try it out by maybe just biking to 522 00:23:16,600 --> 00:23:19,040 Speaker 1: your office on a Saturday, or you know, taking a 523 00:23:19,119 --> 00:23:21,000 Speaker 1: day and biking to your grocery store. See what that 524 00:23:21,040 --> 00:23:22,760 Speaker 1: feels like. You want to introduce some of these low 525 00:23:22,800 --> 00:23:25,440 Speaker 1: stressed scenarios where you're essentially able to try it out. Yeah, 526 00:23:25,480 --> 00:23:27,800 Speaker 1: nine o'clock on a Monday morning not the best time 527 00:23:27,880 --> 00:23:30,200 Speaker 1: to try riding your bike somewhere for the first time ever, 528 00:23:30,440 --> 00:23:32,679 Speaker 1: for the first time ever. Exactly. You'll get used to 529 00:23:32,720 --> 00:23:35,320 Speaker 1: it after after you take that seven eight ten mile 530 00:23:35,359 --> 00:23:38,160 Speaker 1: track whatever it is, one or two times on the weekends, 531 00:23:38,160 --> 00:23:39,840 Speaker 1: that will help you at least get adjusted to it, 532 00:23:39,840 --> 00:23:42,160 Speaker 1: get a feel for the conditions you'll be riding in. 533 00:23:42,560 --> 00:23:45,320 Speaker 1: Um and Matt, I gotta say, now is the time 534 00:23:45,560 --> 00:23:46,840 Speaker 1: it's time to do it. I got rid of my 535 00:23:46,880 --> 00:23:50,399 Speaker 1: niece on Leasia. I sold it, so thanks Dudeyeah, we 536 00:23:50,480 --> 00:23:52,639 Speaker 1: talked about or you said you sold it like you 537 00:23:52,680 --> 00:23:55,200 Speaker 1: are selling it like literally right now, I'm literally in 538 00:23:55,240 --> 00:23:57,000 Speaker 1: the process of it, in the midst of it. Yeah. 539 00:23:57,320 --> 00:23:59,840 Speaker 1: So yeah, when we did episode two forty two. It 540 00:24:00,040 --> 00:24:02,960 Speaker 1: really really made me think about how our family uses 541 00:24:03,040 --> 00:24:09,200 Speaker 1: vehicles and called conviction and I was convicted that we 542 00:24:09,280 --> 00:24:12,240 Speaker 1: have one too many vehicles. And so it was time. 543 00:24:12,400 --> 00:24:15,199 Speaker 1: And basically, uh, the way I sold mine it was 544 00:24:15,320 --> 00:24:17,960 Speaker 1: I sold it to Carbonna. We've talked about Carbona before, 545 00:24:18,119 --> 00:24:21,840 Speaker 1: and you bought your last car with Carbonna and um 546 00:24:21,920 --> 00:24:25,639 Speaker 1: and Carbona is is buying cars online too, and the 547 00:24:25,680 --> 00:24:27,800 Speaker 1: prices that are offering right now, at least for my vehicle, 548 00:24:27,960 --> 00:24:30,920 Speaker 1: was was pretty stellar. I also checked what car Max 549 00:24:31,000 --> 00:24:32,840 Speaker 1: would give me. They're very similar in the way they 550 00:24:32,840 --> 00:24:37,439 Speaker 1: buy cars, and it was a whole whole lot less 551 00:24:37,480 --> 00:24:39,560 Speaker 1: less to be exact, a huge difference. Yeah, And and 552 00:24:39,640 --> 00:24:42,480 Speaker 1: so what CarMax was offering was essentially what the Kelly 553 00:24:42,520 --> 00:24:45,000 Speaker 1: blue Book value for the car was. But Carbonna was 554 00:24:45,040 --> 00:24:47,720 Speaker 1: offering way, way, way more than the blue Book value. 555 00:24:47,920 --> 00:24:50,040 Speaker 1: And what's interesting is it used car prices we've talked 556 00:24:50,040 --> 00:24:53,159 Speaker 1: about this before have skyrocketed during the pandemic. So my 557 00:24:53,240 --> 00:24:55,639 Speaker 1: car is worth actually a good bit more than it 558 00:24:55,720 --> 00:24:57,840 Speaker 1: was nine months ago. And that's part of the reason 559 00:24:57,920 --> 00:24:59,159 Speaker 1: for me selling it. I was like, well, if it's 560 00:24:59,160 --> 00:25:00,919 Speaker 1: worth five grand, I don't want to sell it. But 561 00:25:00,960 --> 00:25:03,960 Speaker 1: if it's worth almost then I think I do it. 562 00:25:04,040 --> 00:25:06,320 Speaker 1: It's time to sell man. Yeah, so that car almost 563 00:25:06,359 --> 00:25:07,960 Speaker 1: out of my life and we're just about to be 564 00:25:08,160 --> 00:25:09,920 Speaker 1: a one car family I used to do. That's so good. 565 00:25:10,240 --> 00:25:12,280 Speaker 1: So have you gotten paid yet? No? How does that work? 566 00:25:12,320 --> 00:25:14,160 Speaker 1: So I'll get paid and they'll come pick up the car. 567 00:25:14,320 --> 00:25:16,000 Speaker 1: Also to the way carbon it does it, it's more 568 00:25:16,000 --> 00:25:18,560 Speaker 1: of a stress free process. So yeah, for folks looking 569 00:25:18,560 --> 00:25:20,879 Speaker 1: to to sell a car the easy way, that certainly 570 00:25:20,920 --> 00:25:24,320 Speaker 1: seems like it. Um. And typically you get more selling 571 00:25:24,320 --> 00:25:28,200 Speaker 1: your car privately UM, listening on Craigslist or on Facebook marketplace, 572 00:25:28,200 --> 00:25:30,080 Speaker 1: and that's always the way I've sold cars in the 573 00:25:30,119 --> 00:25:32,399 Speaker 1: vast is my first time trying something different, but it 574 00:25:32,400 --> 00:25:34,720 Speaker 1: seems like it's working out well so far. And so 575 00:25:34,720 --> 00:25:36,280 Speaker 1: you got a dent on your tailgate too, Like so 576 00:25:36,359 --> 00:25:38,960 Speaker 1: last week we talked about the busted rear window. With 577 00:25:39,080 --> 00:25:41,199 Speaker 1: that busted window, you also got a pretty you know, 578 00:25:41,240 --> 00:25:43,440 Speaker 1: you got a good dent, a pretty sweet dent. Yeah, 579 00:25:43,760 --> 00:25:45,520 Speaker 1: do they not care about that? So they ask you 580 00:25:45,560 --> 00:25:47,560 Speaker 1: for the condition of your vehicle, and you describe it. 581 00:25:47,800 --> 00:25:49,560 Speaker 1: And I was honest to every question they asked. They 582 00:25:49,640 --> 00:25:51,720 Speaker 1: give you a pretty specific offer. At the end of it, 583 00:25:51,840 --> 00:25:54,360 Speaker 1: they're like, oh, we can buff that out exactly. I'm 584 00:25:54,359 --> 00:25:56,880 Speaker 1: sure they've got people. Obviously they do all the work 585 00:25:56,920 --> 00:25:59,920 Speaker 1: to to fix them up, um before they actually list 586 00:26:00,040 --> 00:26:02,400 Speaker 1: him and sell them. But yeah, super fair price, I think. 587 00:26:02,400 --> 00:26:04,800 Speaker 1: And um and when your crummy Nissan leaf goes up 588 00:26:04,840 --> 00:26:06,760 Speaker 1: by that amount, like you just gotta take it. It's 589 00:26:06,800 --> 00:26:09,560 Speaker 1: one of the few instances that normal vehicles are worth 590 00:26:09,640 --> 00:26:12,679 Speaker 1: more than they were a year ago. Exactly almost never happens, 591 00:26:12,720 --> 00:26:16,000 Speaker 1: but literally never happens. We're in a time work, nice man. 592 00:26:16,000 --> 00:26:17,600 Speaker 1: All Right, Well, that's gonna be it for this episode. 593 00:26:17,880 --> 00:26:19,639 Speaker 1: Listeners can find our show notes up on our website 594 00:26:19,680 --> 00:26:21,119 Speaker 1: at how to money dot com. Will make sure to 595 00:26:21,200 --> 00:26:23,800 Speaker 1: link to all the different stories that we mentioned today, 596 00:26:23,960 --> 00:26:26,359 Speaker 1: no doubt, and everybody, we hope you have a great weekend. 597 00:26:26,400 --> 00:26:28,000 Speaker 1: Hope to see you back here on Monday for a 598 00:26:28,040 --> 00:26:30,960 Speaker 1: new listener questions episode. All right, that's gonna do it, Matt. 599 00:26:31,080 --> 00:26:33,880 Speaker 1: Until next time, Best Friends Out, Best Friends Out.