Speaker 1: It's time for the b a q a A b
Speaker 1: a q a which your sir be a.
Speaker 2: Q eight with man day, let me be a q
Speaker 2: a tip a. Let me be a q a A.
Speaker 3: Hey man, you know what, we just did the same
Speaker 3: we're doing that far twin thing. We did the head
Speaker 3: at the same time. Oh man, you can't teach that
Speaker 3: kind of choreography.
Speaker 2: Either guy, or you don't.
Speaker 3: Hello, all right, what's up? B a fam Hey Tiffany,
Speaker 3: I'm excited for b a q A. You got some
Speaker 3: juicy questions you guys. If you want to semitic question,
Speaker 3: you can go to Brand Ambition Podcast on i G
Speaker 3: and slide into our d MS, or you can mail
Speaker 3: us directly at Brandanambispodcast at gmail dot com dot com.
Speaker 3: And oh yeah, we need to do the don't sue us?
Speaker 2: Oh yes, so here's the thing.
Speaker 1: This is for entertainment purposes, Holy Solemn, which means like child,
Speaker 1: do not sue us because you got to reach out
Speaker 1: to your doctor, yoloya, your financial advisor. We're not none
Speaker 1: of those things, which is two super cut brown girls
Speaker 1: on the interwebs just talking our talk, you know, not
Speaker 1: giving advice, just talking and giving a little entertainment aka
Speaker 1: Sue your Grandma not us.
Speaker 2: Thank you?
Speaker 3: All right, let's jump on in here. Instagram user Jalisa
Speaker 3: says I love the show, keep them coming, please and
Speaker 3: thank you.
Speaker 2: Question?
Speaker 3: Is it smart to have a home equity line of
Speaker 3: credit on standby in the event that you need it?
Speaker 3: We bought our house almost three years ago, and I'm
Speaker 3: not sure that we have a ton of equity just yet,
Speaker 3: but I heard a financial advisor on IG talking about it.
Speaker 3: Thoughts love y'all.
Speaker 2: Well all those IG advisors.
Speaker 3: Wow, maybe it was someone really good. But yeah, I
Speaker 3: actually I actually am considering doing just that.
Speaker 2: So okay, well let's tell the people what is a
Speaker 2: he lock.
Speaker 3: A home equity line of credit is basically turning the
Speaker 3: equity in your home into a piggybank. But don't get
Speaker 3: a twisted it is a loan. And it took me
Speaker 3: ages to sort of like understand what a second mortgage was.
Speaker 3: This is a second mortgage because you are taking out
Speaker 3: a loan against the value of your home. But the
Speaker 3: specific thing here is that it's the value of your
Speaker 3: home minus your loan balance. So like, if you have
Speaker 3: one hundred thousand dollars of equity in your home. Meaning
Speaker 3: if you owe one hundred thousand dollars on your loan,
Speaker 3: but your home is appraised for two hundred thousand dollars,
Speaker 3: that means you have one hundred thousand dollars of equity.
Speaker 3: And the other thing didn't understand about a home equity
Speaker 3: line of credit specifically, because there is such thing as
Speaker 3: just a home equity loan, which is when you will
Speaker 3: get a lump pay, a lump sum deposit of like, okay,
Speaker 3: we're going to give you, like, let's say again, your
Speaker 3: equity is one hundred thousand dollars. Lenders will some of
Speaker 3: them may give you up to like eighty percent of
Speaker 3: yours of your equity as a lump sum, but it
Speaker 3: can vary by lender. But let's say it's eighty thousand dollars.
Speaker 3: You can get that as a one lump sum payment.
Speaker 3: A home equity line of credit is you'll have that
Speaker 3: eighty thousand dollars available to you to use, and you'll
Speaker 3: have something called a draw period, which is basically how
Speaker 3: much time during this time window of time I think
Speaker 3: it's like five to ten years something like that, where
Speaker 3: you can actually use that line of credit like a
Speaker 3: credit card to pay for things around your house, whether
Speaker 3: it's home upgrades, consolidating debt, buying a car, whatever it
Speaker 3: may be. You can use the money for whatever you want.
Speaker 3: They're also usually a lot lower, lot less expensive than
Speaker 3: credit card dead or other forms of borrowing because and
Speaker 3: this is the big thing, your home is securing it.
Speaker 3: So the same with your first mortgage on your home.
Speaker 3: If you default on your payment for that loan, you
Speaker 3: could lose your home. So on the flip side of that,
Speaker 3: because the bank knows they're going to get something, they
Speaker 3: leave in here with something you don't. Yes, they're leaving
Speaker 3: there with something, and that's something is going to be
Speaker 3: the roof over your head. So they give you a
Speaker 3: cheaper interest rate. And I'm not surprised that she saw
Speaker 3: someone talking about it because so many homeowners like me
Speaker 3: who are stuck in a starter home but have a
Speaker 3: lot of equity. You know, it is an attractive option
Speaker 3: to sign up for a home equity line of credit.
Speaker 3: You don't have to use it all at one time,
Speaker 3: but you have access to it like this, like Jalisa
Speaker 3: has said, and Tiffany, as you pointed out, in harder
Speaker 3: economic times, it may not be banks may not be
Speaker 3: as willing to loan to offer helocks, so.
Speaker 1: Because they know the girl is going to be like, ah,
Speaker 1: let me go to my house, which is like a piggybank.
Speaker 1: So I'll share with you what my financial advisor, an Jelie,
Speaker 1: said she'd asked me.
Speaker 2: She said, Tiviny, do you want to go ahead and
Speaker 2: get a helock? Think about it? And I was like why.
Speaker 1: She said, well, bird on the street is you know,
Speaker 1: the people are worried about an upcoming recession, and when
Speaker 1: that happens, banks oftentimes take heelocks off the table because
Speaker 1: they know a lot of homeowners leaning on them, and
Speaker 1: oftentimes they lean in on them when they need it
Speaker 1: the most, which means you're likely not to be able
Speaker 1: to afford to pay it back. So she said, if
Speaker 1: you think that you might need access, but I had
Speaker 1: a year's worth of emergency savings saved, so she was like,
Speaker 1: it's not something I'm suggesting, just something they could think about.
Speaker 1: If you think that you might need access to additional income,
Speaker 1: your additional money, you can get one holded and that way,
Speaker 1: if something really bad happens, you have this money. But
Speaker 1: because you have a year's worth of emergency savings, essentially
Speaker 1: you have your emergency saving. Just wanted to put that
Speaker 1: out there because you also have to remember that oftentimes
Speaker 1: there are variable interest rates, which means the interest you know,
Speaker 1: the percentage that you pay on what you borrow, can
Speaker 1: go up and down. And then you know, and here's
Speaker 1: the thing. Sometimes there's closing costs and fees. So it's
Speaker 1: not just like you know a.
Speaker 3: Lot of time there are I mean, it's just like
Speaker 3: when I saw I got a quote from a lender,
Speaker 3: and when I saw that, I was like, oh, this
Speaker 3: is this really is another mortgage, like the same stuff
Speaker 3: points and closing and origination costs, and yeah, it felt
Speaker 3: like that, and I'm like, oh, this is not just
Speaker 3: a casual little.
Speaker 2: Yes, it's not something.
Speaker 1: So it's really if here's what I would say, like,
Speaker 1: you know, something to consider. If you're like, you know what,
Speaker 1: we bought this house, it's probably worth significantly more.
Speaker 2: I am a little bit worried about the job market,
Speaker 2: you know what.
Speaker 1: Let me have this kind of like and I can
Speaker 1: trust myself not to just use it. Let me have
Speaker 1: this like money, this credit set aside that if something
Speaker 1: happens in the next couple of years, we'll have some
Speaker 1: money to kind of see ourselves through or if you're
Speaker 1: someone who because there's some like even tax benefits. If
Speaker 1: you're like, yo, we want to like renovate, they have
Speaker 1: to make it even better depending how you use your
Speaker 1: your your he lock. The interest may be deductible if
Speaker 1: you use it to buy, build, or sustainably improve your home.
Speaker 1: And it requires a loan, so there might be some
Speaker 1: some tax benefits there too.
Speaker 2: Just something to think about. There's no right or wrong,
Speaker 2: just information to make the right choice for you.
Speaker 3: Yeah, I got a quote from a lender. It's better
Speaker 3: dot com. It's an online lender. It's just one of
Speaker 3: the easiest ones to get a nice little quote from
Speaker 3: if you're just curious what you might qualify for it
Speaker 3: so soft credit check. So I recommend playing around. But
Speaker 3: then you got to remember they're going to call you
Speaker 3: up every five minutes after you put in that. Okay,
Speaker 3: so put the there's a there's a special setting on
Speaker 3: your phone. Unrecognized numbers get sent to voicemail just preparing you.
Speaker 3: Sorry to Jonathan for you're doing a great job, but
Speaker 3: I don't want to talk yet. The rate that I
Speaker 3: was quoted was eight point eight seventy five percent. Well,
Speaker 3: that's one like market rates are in these days, is it?
Speaker 2: I thought mortgage? Wait, they're not under seven percent?
Speaker 3: Yeah, I don't know. I wonder like what the differences
Speaker 3: between like what tends to be the difference between like
Speaker 3: a traditional like but they're both thirty year mortgages. But
Speaker 3: again that's based on my un my husband and my's
Speaker 3: unique financial situation. Are credit scores all of that. So
Speaker 3: I'm just sharing what my information is. And I haven't
Speaker 3: yet gotten a second quote, So Jonathan, chill out, okay,
Speaker 3: because I'm not.
Speaker 2: It's its average luck rates between eight and ten percent.
Speaker 3: Yeah, yeah, and it also matters how much you're borrowing.
Speaker 3: And this is just based on I think what does
Speaker 3: it say? Sixty five thousand dollars would be the line
Speaker 3: of credit. So that's based on that amount. And you can,
Speaker 3: just like a traditional mortgage, you can choose is it
Speaker 3: thirty year, fifteen whatever? Is it adjustable rate? Is it
Speaker 3: fixed rate? This is a fixed sorry, this is an
Speaker 3: adjustable rate. And the hope, I mean my hope would be, uh,
Speaker 3: you know, as the Fed continues lowering rates, which they're
Speaker 3: trending in that direction, that maybe the rate wouldn't be
Speaker 3: going up, but I don't know that's the rate right now.
Speaker 1: On average, at least in the state of New Jersey
Speaker 1: is like seven point three percent for thirty and six
Speaker 1: point three four fifteen.
Speaker 2: So slightly higher.
Speaker 1: Yeah, but I mean, you know yourself, if you're like yo,
Speaker 1: I'm in this position, you're a nurse chod or you
Speaker 1: are never going to be un a bluid. But maybe
Speaker 1: you're in a position where during the last procession or
Speaker 1: downturn you were let go and you know you have
Speaker 1: you know, a job that kind of tends to do
Speaker 1: that or a career that tends to do that. You
Speaker 1: might want to say, you know what, let's prepare ahead
Speaker 1: of time. So that was a really great question.
Speaker 3: Helock, excellent. Just compare your rates, y'all, shop around. Keep
Speaker 3: Jonathan at bay All right, next question.
Speaker 2: We gotta take a quick break.
Speaker 3: Oh yeah, I got excited. Yeah, quick break.
Speaker 1: And we're back. So what is our next question? Because
Speaker 1: you said it was in the DMS, right.
Speaker 3: Oh no, oh, no, I made it up. That's right.
Speaker 3: So oh, this is a great time to plug the
Speaker 3: brand Ambition listener survey. Y'all, please go to the show notes.
Speaker 3: It's going to be a link to our survey there,
Speaker 3: or you can go to brand Ambition podcast dot com.
Speaker 3: At the very top of the page is a blue,
Speaker 3: bluish greenish banner that says, twenty twenty four listener survey.
Speaker 3: We haven't done one in a hot minute. I love
Speaker 3: doing surveys because y'all leave such thoughtful feedback. And anyway,
Speaker 3: based on that initial survey results hot off the presses,
Speaker 3: we have about one hundred and fifty responses so far,
Speaker 3: and I wasn't surprised, but I was like, Okay, we're
Speaker 3: going to continue talking about this topic. A large percentage
Speaker 3: of our audience is struggling with credit card debt and
Speaker 3: housing costs, So paying down debt. Out of the seven
Speaker 3: different sources of financial stress that we have here, housing costs, childcare, food, transportation,
Speaker 3: paying down debt was number one, with sixty four percent
Speaker 3: of listeners saying that was their biggest source of financial stress,
Speaker 3: and which was way more than any other topic. Housing
Speaker 3: costs was a distant second with forty five percent. So
Speaker 3: because of that, and because we're heading into the holiday season,
Speaker 3: because Tiffany and gonna be here for November, we have
Speaker 3: to get her now right, we have to do a
Speaker 3: little talk about holiday spending when you are also navigating
Speaker 3: debt and I want some real tea real advice for listeners,
Speaker 3: because I know y'all are probably feeling like I am,
Speaker 3: like I still got to get these legos. So what
Speaker 3: do we do?
Speaker 1: Well, here's some of the things that I recommend is that, like, literally,
Speaker 1: it sounds like silly, but you really do have to
Speaker 1: make a list, like making a list, chegging it twice,
Speaker 1: gonna find out if you know or not anyway, so truthfully,
Speaker 1: like if you know, okay, I'm gonna buy presents, irregardless.
Speaker 2: I know that's not a real word, but we're black.
Speaker 2: Why is it? My present is re god list?
Speaker 1: So then I want you to do it within parameters.
Speaker 1: I want you to say, Okay, I am willing to
Speaker 1: spend five hundred, six hundred one thousand whatever that is.
Speaker 1: That is within the parameters of although I have dead
Speaker 1: you know, I'm willing to do this.
Speaker 2: And one of the best.
Speaker 1: Ways to stay within those parameters, quite honestly, is to
Speaker 1: not go.
Speaker 2: To the store. The store is.
Speaker 1: Lack because when you go to the store, you're like, oh, oh, oh.
Speaker 3: Oh, I don't want to be targeted home goods.
Speaker 2: A child don't.
Speaker 1: So instead, what you're gonna do is go sit your
Speaker 1: happy behind down in front of the computer.
Speaker 2: Dora.
Speaker 1: That's a computer for those of you who don't seakpa
Speaker 1: like me and Mandy. All Right, So you're gonna see
Speaker 1: in front of your computer, and you're going to, like,
Speaker 1: you know, you're gonna like, you know, Auntie such and such, uncle,
Speaker 1: this person, whatever it is, and you're going to like
Speaker 1: create your list of what you're going to purchase and
Speaker 1: how much it costs, you know, so that way you
Speaker 1: can do your budget and your list off the same
Speaker 1: time at the in the safety of your home, and
Speaker 1: you're going to sign up for things like I love
Speaker 1: It's not ebaits anymore racketin because racketon lets you get
Speaker 1: cash back and they'll find coupons. Honey has like a
Speaker 1: it'll allow you to see Honey racketing Honey. And there's
Speaker 1: a third one, Capital One has one too. These are
Speaker 1: pop ups that pop up on your screen when you
Speaker 1: get to the payment page and says, hey, we found
Speaker 1: coupons for you. So these are like coupon finders. And
Speaker 1: when I tell you, I would say a good fifty
Speaker 1: to sixty percent of the time. Well, maybe I'm fifty
Speaker 1: to six per thirty to forty percent of the time,
Speaker 1: Like I will find a coupon. I just brought some
Speaker 1: jeans last night and it said, hey, you found a coupon.
Speaker 1: I said, okay, I pressed it. Fifty percent off coupon.
Speaker 1: I couldn't believe it that I didn't know of. And
Speaker 1: so this will allow you.
Speaker 3: Yeah kind of luck.
Speaker 2: Yeah, so it's because I use all three.
Speaker 3: This cone has been expired.
Speaker 1: Well, that's because I use all of them. Like I'm like,
Speaker 1: I have no loyalty. I use racketin, I use whatever
Speaker 1: the capital one is, and I use use honey.
Speaker 2: So between the three of them, at least something.
Speaker 1: It might only be a dialog off or free shipping
Speaker 1: or whatever, but something like thirty to forty percent of
Speaker 1: the time will pop up.
Speaker 2: And so if you do that, it'll allow you to.
Speaker 1: Say, Okay, I have outlined everything I'm buying for everyone.
Speaker 1: I know exactly what you know what I'm getting. Here
Speaker 1: are my discount and code, this is my budget. Boom,
Speaker 1: I'm done, you know. So that is one of the
Speaker 1: best ways that you can manage your holiday spending. Even
Speaker 1: if you're like I probably shouldn't buy this stuff, but
Speaker 1: quite honestly, I'm doing it anyway. Something else to think
Speaker 1: about is that, like you can collectively decide with your
Speaker 1: family to do something different this year, so you can like,
Speaker 1: so my sisters and I started this some years back.
Speaker 1: I want to say, it probably has been over ten
Speaker 1: years now where we don't actually get each other because
Speaker 1: there's five of us, so that's too many gifts. So
Speaker 1: instead on Thanksgiving we pull a name what we use
Speaker 1: this thing called ooh, it's like secret Santa dot com
Speaker 1: or something like that.
Speaker 3: It's free umber you yeah, talking about it, yes, And so.
Speaker 1: We just go on and we use the same one
Speaker 1: every year. Or Elfster I think that's what. Actually that's
Speaker 1: what I think. It's called elf Ster like elf but
Speaker 1: stir and so we go in and then it will
Speaker 1: everybody puts in their name and like kind of like
Speaker 1: the gifts they want, and then we collectively decide as sisters,
Speaker 1: so as your family, what is the budget. So when
Speaker 1: things were tough, fifty bucks, when things are better, two
Speaker 1: hundred bucks, and so we'll decide this year what the
Speaker 1: budget is, and then we'll press like Elvester will email
Speaker 1: you secretly be like your person is.
Speaker 2: Tracy, you know, and then it'll list all the things.
Speaker 1: And what's so great is that if you use the
Speaker 1: same one, like we use Elvester every year, it will
Speaker 1: say you had Tracy last year, So they will purposely
Speaker 1: not give you.
Speaker 2: The person for the year before, which is kind of nice,
Speaker 2: you know.
Speaker 1: And then you're just like all right, and then we
Speaker 1: all know the budget. You know, I get my one
Speaker 1: person the thing and that's it. So that helps a
Speaker 1: lot too. You might say, we're actually not going to
Speaker 1: exchange gifts this year. How about everybody just brings bring
Speaker 1: their best dish that they make, and then we have
Speaker 1: like a holiday pot luck. So having the conversation ahead
Speaker 1: of time Thanksgiving is a great time because the family's
Speaker 1: all there could kind of decide how we're going to handle.
Speaker 2: Gift giving this year. That's really really helpful, you know.
Speaker 1: And to do that, but also too lean into your
Speaker 1: faves like social media. Typically your favorite brands are going
Speaker 1: to give away things or codes or whatever on social media, Twitter,
Speaker 1: whatever that they actually don't have on their site.
Speaker 2: And so there are certain brands that I like to follow.
Speaker 1: And I'm like, wait, they have twenty percent off, they
Speaker 1: have thirty percent off textless.
Speaker 2: Yeah, oh yeah that textless is everything. Now.
Speaker 1: The key though, is is that you don't want to overspend.
Speaker 1: That's why you want to have your list first. If
Speaker 1: you're like, oh, I'm going to get my sister these
Speaker 1: gap jeans, I'm going to get my brother, you know,
Speaker 1: this flute from whatever, I'm going to get whatever that is.
Speaker 1: It's like you want to get on the test list
Speaker 1: from the things that you actually want to purchase for
Speaker 1: people and not and and have your budget ahead of
Speaker 1: time so you're not overspending unnecessary Seven.
Speaker 3: Well, can I share a tip, especially when you have
Speaker 3: a little kid. A huge hit for my family last
Speaker 3: year and then I'm gonna have Rio du again this year,
Speaker 3: is you can buy like a big bin of Legos
Speaker 3: for like thirty bucks, like five hundred Legos or whatever,
Speaker 3: and it comes with a little booklet of these most
Speaker 3: adorable little like figurines that you can build. And they
Speaker 3: don't take that much time. They're like for ages three
Speaker 3: and up or whatever. And Rio made the cutest little
Speaker 3: Lego characters for everybody in the family, and we wrapped
Speaker 3: him up and he wrote and tears people just oh
Speaker 3: my god. Real Mamsmiley Face and Real Mania Rainbow Heart.
Speaker 3: Oh they loved it. So that was a really great
Speaker 3: way because I want Rio to like learn the power
Speaker 3: of gift giving because he's a great little griplin. So
Speaker 3: handmade gifts from the kiddos, you can get away with
Speaker 3: that when you got the cuties.
Speaker 2: Okay, it's true. It's true.
Speaker 1: And then also too, like like thinking about gifts in
Speaker 1: different ways, like you know, I mean it sounds kind
Speaker 1: of corny, but cha, I bet you many would love
Speaker 1: a gift. It was like, you get ten free babysittings
Speaker 1: this year. It's like, girl, holy done.
Speaker 3: My god, that's a thousand dollars present. I mean ten
Speaker 3: times one hundred dollars. I mean, you know, so no
Speaker 3: one told about the babysitter tax have a happy marriage.
Speaker 2: And so that's the thing.
Speaker 1: So imagine, like with the people that you really really
Speaker 1: care about, is there service you can give instead of presents?
Speaker 1: You know, like, oh I can babysit, I could walk
Speaker 1: the dog, I can come over and do dishes, I
Speaker 1: can make dinner, you know, so consider doing that. But
Speaker 1: having the key with all things when it comes to
Speaker 1: money is having the conversation ahead of time and not
Speaker 1: just doing the thing, you know, so that way people
Speaker 1: understand like, hey, this year, I want to try something different.
Speaker 1: How would you feel, everybody, family if I gave service
Speaker 1: this year? Oh I love that okay? Or like you know,
Speaker 1: like even when I go all my my girlfriends for
Speaker 1: like dinner, I'm like, all right, So how are we
Speaker 1: doing it?
Speaker 2: Are we splitting evenly?
Speaker 1: Do we have like a certain like stay under you know,
Speaker 1: the you know, the threshold having pre conversations about anything money,
Speaker 1: but especially about the holidays. It's really going to save
Speaker 1: you from a lot of frustration and heartache and heartbreak.
Speaker 1: Like Jenelle and I used to like say no gifts
Speaker 1: then instead we were just gonna go and go somewhere,
Speaker 1: you know, So that way it'd be like, Okay, no gifts.
Speaker 1: Or if you are going to like, you know, slip
Speaker 1: up because you want to do something sweet, keep it
Speaker 1: under twenty five bucks or whatever, and then we would
Speaker 1: put the money in our travel account and then we
Speaker 1: would just have the best time.
Speaker 2: So things to consider.
Speaker 1: I was just sharing with our producer Tanya and Mandy
Speaker 1: that I just found out that if you are a
Speaker 1: Bonvoid member, which is free to join Bonvoid, is the
Speaker 1: reward program from Marriott. So Marriotte owns a bunch of
Speaker 1: not just the regular marriout that own a bunch of
Speaker 1: different hotels and properties. So you can sign up even
Speaker 1: if you never even stayed at the Marriotte. But if
Speaker 1: you use Uber uber eats and you connect your free
Speaker 1: Bonvoi membership to your Uber uber eats, do you know
Speaker 1: you can earn like a night stays, so.
Speaker 2: You could earn points.
Speaker 1: So one of the ways too, if you're so like me,
Speaker 1: I get so many points that that also might be
Speaker 1: a gift too. Like my sister is going to Nigeria
Speaker 1: this year and I was like my gift to her
Speaker 1: is I was like, I had so many points, we
Speaker 1: were able to find a really cheap flight.
Speaker 2: We use points.
Speaker 1: I have American Express on my business and so we
Speaker 1: were able to use this website called points do me
Speaker 1: that is basically an algorithm for American Express points, and
Speaker 1: it said, for you to go from New York to Nigeria,
Speaker 1: here is the best flight where normally it would cost
Speaker 1: you on America Express dot com two hundred and fifty
Speaker 1: thousand points, but here's sixty thousand points. If you fly
Speaker 1: your France out of this area and so I was
Speaker 1: able to gift.
Speaker 2: So if you're someone who also has points, that's a
Speaker 2: great gift too.
Speaker 1: You know, we talked about points before, but you can
Speaker 1: literally give people travel with your points if you're someone
Speaker 1: who collects a lot of points too. So just some
Speaker 1: ways to think about the highday season in ways that
Speaker 1: don't have to be so stressful, and you don't have
Speaker 1: to be you know, you don't have to say I'm
Speaker 1: not doing anything. It's like no, you could just say
Speaker 1: I'm going to host a holiday party. And that's my
Speaker 1: gift to y'all.
Speaker 3: Have the conversation, let your dad take you on an
Speaker 3: eight hour fishing trip. They'll be set.
Speaker 2: You'll be set for the.
Speaker 3: Next year at least. All RBA fan thanks for listening
Speaker 3: to the b a QA. We'll see you next time.
Speaker 2: Bye bye,