1 00:00:00,080 --> 00:00:02,920 Speaker 1: Welcome to How the Money. I'm Joel and I am Matt, 2 00:00:03,000 --> 00:00:06,240 Speaker 1: and today we're discussing every day pay day, coupon culling 3 00:00:06,519 --> 00:00:28,560 Speaker 1: and the demise of thrift ng. Yeah, having a pandy 4 00:00:28,560 --> 00:00:30,640 Speaker 1: every day sounds pretty nice. You're thinking about the candy bars, 5 00:00:31,480 --> 00:00:33,519 Speaker 1: do you like? What is that? I don't know if 6 00:00:33,520 --> 00:00:35,760 Speaker 1: it ever handles that. What's in there? Peanuts and caramel. 7 00:00:35,800 --> 00:00:37,960 Speaker 1: Let's peanuts and caramel. That sounds like it's right up 8 00:00:37,960 --> 00:00:41,040 Speaker 1: my alley. Actually, that sounds like from a Snicker's bar. 9 00:00:41,159 --> 00:00:44,280 Speaker 1: And that's exactly what you always castigating me for this, 10 00:00:44,360 --> 00:00:47,320 Speaker 1: But I'm more of a Three Musketeers. Yeah, the gross 11 00:00:47,360 --> 00:00:52,760 Speaker 1: planeous you're you're clearly wrong on this suff there's no 12 00:00:52,840 --> 00:00:56,280 Speaker 1: actual substance and delicious, delicious fluff. You would think every 13 00:00:56,360 --> 00:00:58,200 Speaker 1: day being a paid would be a good thing. We're 14 00:00:58,200 --> 00:01:00,480 Speaker 1: actually going to talk about that story, plus several others 15 00:01:00,480 --> 00:01:02,800 Speaker 1: that we're gonna get to during today's Friday flight where 16 00:01:02,800 --> 00:01:05,480 Speaker 1: we wrap up the week's news. But you've got to 17 00:01:05,520 --> 00:01:08,600 Speaker 1: note here about googling news, which it's all about. Okay, 18 00:01:08,680 --> 00:01:11,040 Speaker 1: So so it's just kind of a tip to I 19 00:01:11,080 --> 00:01:12,679 Speaker 1: think most people know this at this point, but just 20 00:01:12,760 --> 00:01:15,080 Speaker 1: in case, just the case you don't. There was a 21 00:01:15,120 --> 00:01:18,480 Speaker 1: story that I wanted to read for this week's Friday 22 00:01:18,480 --> 00:01:20,880 Speaker 1: Flight um, and it was I'll go ahead and say 23 00:01:20,920 --> 00:01:24,720 Speaker 1: it was Unfortune magazine and was behind the paywall, and 24 00:01:24,760 --> 00:01:26,880 Speaker 1: I was like, dang it, well, I don't necessarily want 25 00:01:26,959 --> 00:01:29,319 Speaker 1: a subscription to Fortune Magazine. It's not one of those 26 00:01:29,520 --> 00:01:32,440 Speaker 1: periodicals on perusing as frequently as some of the other 27 00:01:32,480 --> 00:01:34,640 Speaker 1: ones that we read. So I feel that we could 28 00:01:34,720 --> 00:01:37,680 Speaker 1: afford to go ahead and do it to pull the 29 00:01:37,680 --> 00:01:43,120 Speaker 1: trigger Unfortune maybe maybe, But I googled that and found 30 00:01:43,160 --> 00:01:45,880 Speaker 1: it on Yeah, who financed the whole thing? No paywall? 31 00:01:46,000 --> 00:01:49,560 Speaker 1: And so that's just a classic good tip for people 32 00:01:49,840 --> 00:01:52,480 Speaker 1: who want to want to read things that aren't free. 33 00:01:52,480 --> 00:01:55,280 Speaker 1: Obviously it doesn't apply to everything. If that's that sub 34 00:01:55,280 --> 00:01:57,200 Speaker 1: stack article you want to read, you can't google it 35 00:01:57,240 --> 00:01:59,800 Speaker 1: and find it in all likelihood. But but for some 36 00:01:59,840 --> 00:02:03,160 Speaker 1: of major publications, you can read the article. For Frizzle, 37 00:02:03,200 --> 00:02:05,680 Speaker 1: you don't have to pay a time, and oftentimes specifically 38 00:02:06,040 --> 00:02:09,040 Speaker 1: through Yahoo. Yes, like they're really good at taking other 39 00:02:09,080 --> 00:02:13,320 Speaker 1: people's stories and yeah, and and I don't know how 40 00:02:13,360 --> 00:02:15,040 Speaker 1: they how they're allowed to do it, because literally, if 41 00:02:15,040 --> 00:02:17,480 Speaker 1: you search the same headline, it'll pull up and I 42 00:02:17,480 --> 00:02:18,960 Speaker 1: mean it's the same story. I guess as long as 43 00:02:19,000 --> 00:02:21,160 Speaker 1: they give them credit, maybe they're allowed to do that. 44 00:02:21,919 --> 00:02:23,440 Speaker 1: But yes, that that is a good tip. It makes 45 00:02:23,480 --> 00:02:27,160 Speaker 1: me think back to if you use Safari on Max, 46 00:02:27,600 --> 00:02:30,320 Speaker 1: you can flip it into reader view or reader mode 47 00:02:30,800 --> 00:02:34,919 Speaker 1: by hitting shift command are And what that does is 48 00:02:35,000 --> 00:02:38,080 Speaker 1: sometimes if there's like below the fold or like below 49 00:02:38,080 --> 00:02:40,680 Speaker 1: the break where it wants you to enter in your credentials, 50 00:02:41,080 --> 00:02:43,240 Speaker 1: when you flip into reader view, it gets rid of that, 51 00:02:43,360 --> 00:02:46,320 Speaker 1: and so you can oftentimes see the entire story that 52 00:02:46,400 --> 00:02:48,440 Speaker 1: right as well. Although I will say that used to 53 00:02:48,480 --> 00:02:50,160 Speaker 1: work more, and I feel like a lot of sites 54 00:02:50,200 --> 00:02:51,919 Speaker 1: are actually cracking down on that. It doesn't seem like 55 00:02:51,960 --> 00:02:54,040 Speaker 1: that works as much. But I still use that view 56 00:02:54,440 --> 00:02:57,360 Speaker 1: because it's an awesome way to read stories without getting 57 00:02:57,400 --> 00:03:00,720 Speaker 1: distracted with ads or videos, just the helpless amounts of 58 00:03:00,760 --> 00:03:02,760 Speaker 1: things that are trying to grab your attention while you're 59 00:03:02,760 --> 00:03:04,320 Speaker 1: sitting there reading. And you can do it in Chrome 60 00:03:04,360 --> 00:03:06,000 Speaker 1: as well, because I remember looking that up. You can 61 00:03:06,280 --> 00:03:08,600 Speaker 1: got read review apps for They've got Yeah, well, it's 62 00:03:08,600 --> 00:03:11,080 Speaker 1: it's a part of like their experiments. Basically, it's like 63 00:03:11,120 --> 00:03:15,240 Speaker 1: in beta mode, but if you just Google. Yeah, well 64 00:03:15,360 --> 00:03:17,520 Speaker 1: it's not even an ad on. It's built into Chrome. Okay, 65 00:03:17,560 --> 00:03:19,200 Speaker 1: so there's no adult. You just have to activate it 66 00:03:19,240 --> 00:03:20,880 Speaker 1: and they say, hey, just so you know, this isn't 67 00:03:20,880 --> 00:03:26,239 Speaker 1: fully functional. It's like the desk Star at operational capacity. 68 00:03:26,360 --> 00:03:28,680 Speaker 1: But that is how you can do it with Chrome 69 00:03:28,760 --> 00:03:30,040 Speaker 1: as well. There you go. That's how you read some 70 00:03:30,080 --> 00:03:31,160 Speaker 1: free stuff. By the way, if you want to know 71 00:03:31,200 --> 00:03:32,840 Speaker 1: how to get free how of money episodes I'll get 72 00:03:32,840 --> 00:03:35,560 Speaker 1: to do is clickplay. It's just hit subscribe. So much 73 00:03:35,560 --> 00:03:37,800 Speaker 1: similar and you'll get it every time. You don't have 74 00:03:37,800 --> 00:03:40,920 Speaker 1: to know paywalls to get around. Um. So all right, Matt, 75 00:03:40,960 --> 00:03:42,880 Speaker 1: let's let's move on. Let's get to the Friday flight, 76 00:03:43,120 --> 00:03:45,960 Speaker 1: the sampling of stories we found interesting this week and 77 00:03:46,040 --> 00:03:48,240 Speaker 1: how they're going to pertain to your personal finances. We're 78 00:03:48,240 --> 00:03:50,240 Speaker 1: gonna get to that story about everyday pay days here 79 00:03:50,240 --> 00:03:53,000 Speaker 1: in a second, but first, it's turns out it's cheaper 80 00:03:53,080 --> 00:03:56,080 Speaker 1: to travel the Europe right now. Then it's been in 81 00:03:56,600 --> 00:03:59,400 Speaker 1: something like twenty years um. And that's because the euro 82 00:03:59,520 --> 00:04:02,560 Speaker 1: and the dollar have just reached parody, and that that 83 00:04:02,600 --> 00:04:05,360 Speaker 1: basically just means that one dollar now equals one euro, 84 00:04:05,440 --> 00:04:07,760 Speaker 1: whereas I remember the last time I went to Europe, 85 00:04:07,760 --> 00:04:11,480 Speaker 1: it was like one dollar equaled dollar thirty. Yeah, dollar 86 00:04:11,520 --> 00:04:13,560 Speaker 1: twenty something like that. One euro. What are you saying, 87 00:04:13,800 --> 00:04:16,640 Speaker 1: like in euros, it's not a dollar thirty, it's a 88 00:04:16,960 --> 00:04:20,520 Speaker 1: euro thirty. Yeah, I guess, yes, I forget. But it's 89 00:04:20,520 --> 00:04:21,960 Speaker 1: been a bit since I've been to Europe. Yeah, no, 90 00:04:22,000 --> 00:04:23,600 Speaker 1: it's been a long time for meat to at this point. 91 00:04:23,640 --> 00:04:26,560 Speaker 1: I guess the last time was like twenty fifteen or 92 00:04:26,600 --> 00:04:29,240 Speaker 1: something like that. But but the dollar has been strengthening 93 00:04:29,240 --> 00:04:31,839 Speaker 1: in recent months, right, and and the euro has actually 94 00:04:31,920 --> 00:04:35,320 Speaker 1: been been sinking in value. So, uh, this this isn't 95 00:04:35,320 --> 00:04:38,919 Speaker 1: necessarily a great thing for some multinational companies, but but 96 00:04:38,960 --> 00:04:41,440 Speaker 1: it's certainly helpful for folks who want to travel abroad 97 00:04:41,839 --> 00:04:44,200 Speaker 1: and they want who want to spend less on everything 98 00:04:44,240 --> 00:04:47,560 Speaker 1: from food to lodging, uh, you know, just touristy stuff. 99 00:04:47,640 --> 00:04:50,160 Speaker 1: The dollar is stronger, the dollar stronger, and so your 100 00:04:50,200 --> 00:04:52,320 Speaker 1: trip is cheaper. So let's say you're signed up for 101 00:04:52,360 --> 00:04:54,919 Speaker 1: something like scott Cheap flights and you're seeing deals to 102 00:04:55,040 --> 00:04:57,000 Speaker 1: Europe and you're like, I can get across the pond 103 00:04:57,040 --> 00:04:59,320 Speaker 1: for four d bucks. Now that's great, right, that's amazing. 104 00:04:59,320 --> 00:05:02,400 Speaker 1: You should snag if you're so inclined, and then realize 105 00:05:02,520 --> 00:05:04,640 Speaker 1: that your whole trip is going to be something like 106 00:05:05,040 --> 00:05:08,120 Speaker 1: eight less expensive than it would have been just a 107 00:05:08,200 --> 00:05:11,839 Speaker 1: year ago because of Europe's declining currency. That's right. Yeah, 108 00:05:11,839 --> 00:05:13,599 Speaker 1: this is one of the stories where initially when you 109 00:05:13,600 --> 00:05:15,280 Speaker 1: see the headline, you're like, all right, what's that really 110 00:05:15,560 --> 00:05:17,880 Speaker 1: matter to me? But in reality it actually is a 111 00:05:17,920 --> 00:05:21,120 Speaker 1: relevant story. This will have an impact on your ability 112 00:05:21,200 --> 00:05:24,000 Speaker 1: to spend less while you're over on your European vacation. 113 00:05:24,040 --> 00:05:26,880 Speaker 1: Every gelato is going to be just that much cheaper 114 00:05:26,960 --> 00:05:29,000 Speaker 1: and that much more enjoyable, right because it's less expensive. 115 00:05:29,040 --> 00:05:30,599 Speaker 1: That's right. Yeah. But let's say you're not going to 116 00:05:30,600 --> 00:05:33,520 Speaker 1: Europe because you refused to take all of your vacation time. 117 00:05:33,880 --> 00:05:37,040 Speaker 1: If that's the case, then we might recommend a vacation 118 00:05:37,320 --> 00:05:40,800 Speaker 1: accountability partner. A uh, this a new CNBC article. They 119 00:05:40,800 --> 00:05:44,520 Speaker 1: recommend finding someone at work who can encourage you to 120 00:05:44,600 --> 00:05:47,920 Speaker 1: take time off, to actually use that paytime off, that 121 00:05:48,000 --> 00:05:52,720 Speaker 1: PTO that you've been given, and vice versa. Because obviously, Americans, 122 00:05:52,800 --> 00:05:55,680 Speaker 1: we are notoriously terrible when it comes to ditching work. 123 00:05:56,120 --> 00:05:59,480 Speaker 1: The average personally is more than a quarter of there 124 00:05:59,520 --> 00:06:03,000 Speaker 1: a lot of pt O days unused, and we really 125 00:06:03,000 --> 00:06:05,520 Speaker 1: don't like that approach to to work and time off. 126 00:06:05,560 --> 00:06:07,840 Speaker 1: It's true that all work and no play makes us 127 00:06:07,920 --> 00:06:10,080 Speaker 1: dull human beings. Exactly. Yes, I mean, first of all, 128 00:06:10,200 --> 00:06:11,760 Speaker 1: keep in mind that this is a part of the 129 00:06:11,760 --> 00:06:14,680 Speaker 1: benefit package that your employer offered you back when you 130 00:06:14,720 --> 00:06:17,360 Speaker 1: were looking at all the different offerings that were laid 131 00:06:17,360 --> 00:06:19,400 Speaker 1: out before you pay time off. That was a big 132 00:06:19,400 --> 00:06:21,840 Speaker 1: part of that package, filming all those job offers. Because 133 00:06:21,839 --> 00:06:24,279 Speaker 1: you're so wonderful, exactly, and now look at you, you're 134 00:06:24,360 --> 00:06:26,600 Speaker 1: even you're afraid to take that time off. We want 135 00:06:26,640 --> 00:06:28,760 Speaker 1: you to use that time off. Otherwise you're just leaving 136 00:06:28,760 --> 00:06:30,600 Speaker 1: it on the table. But there might be some folks 137 00:06:30,640 --> 00:06:32,560 Speaker 1: out there who are saying, well, I it's difficult for 138 00:06:32,560 --> 00:06:34,800 Speaker 1: me to get away from workout. So many people count 139 00:06:34,839 --> 00:06:37,599 Speaker 1: on me, need me. And what I would say to 140 00:06:37,800 --> 00:06:40,080 Speaker 1: those folks is you might need to get over yourself, 141 00:06:40,839 --> 00:06:42,960 Speaker 1: because yes, you are important, Yes you do a lot 142 00:06:42,960 --> 00:06:45,440 Speaker 1: of great work, but I think your workplace is gonna 143 00:06:45,520 --> 00:06:47,880 Speaker 1: really be able to function without you for a week 144 00:06:47,960 --> 00:06:50,960 Speaker 1: or two. They can survive, absolutely. And then thirdly, you're 145 00:06:50,960 --> 00:06:53,080 Speaker 1: going to be better at your job after a break. 146 00:06:53,520 --> 00:06:56,160 Speaker 1: Work is a great thing. We are all about work 147 00:06:56,160 --> 00:06:58,440 Speaker 1: and the value that you you're able to bring not 148 00:06:58,560 --> 00:07:01,640 Speaker 1: only to your employer but to other people. But making 149 00:07:01,760 --> 00:07:05,040 Speaker 1: meaningful time for play right, especially with close friends and family. 150 00:07:05,320 --> 00:07:07,680 Speaker 1: We feel that it is necessary in order to be 151 00:07:07,720 --> 00:07:10,280 Speaker 1: a well rounded human being, and so you just might 152 00:07:10,320 --> 00:07:12,880 Speaker 1: need someone to help remind you in the moment of 153 00:07:12,880 --> 00:07:14,800 Speaker 1: just how important it is. And so make sure to 154 00:07:14,800 --> 00:07:18,920 Speaker 1: get that vacation, accountability, relationship or partner going if you 155 00:07:18,920 --> 00:07:22,320 Speaker 1: need it. Okay, Matt, this is actually um. We're living 156 00:07:22,320 --> 00:07:24,480 Speaker 1: out what we what we preach from bacting we preach 157 00:07:24,520 --> 00:07:26,880 Speaker 1: because as is people are hearing this episode. You and 158 00:07:26,920 --> 00:07:29,040 Speaker 1: I are going to be at the beach. We record 159 00:07:29,040 --> 00:07:30,880 Speaker 1: ahead of time, but we're still not over doing a man. 160 00:07:30,920 --> 00:07:32,840 Speaker 1: We're not working fifty hour weeks in order to prepare 161 00:07:33,120 --> 00:07:37,720 Speaker 1: and we prioritize our vacations and um time away with family, 162 00:07:37,760 --> 00:07:40,720 Speaker 1: and we do think it makes us better podcasters. There's 163 00:07:40,720 --> 00:07:42,840 Speaker 1: something I was thinking. My friend Jack wrote a piece 164 00:07:42,880 --> 00:07:46,680 Speaker 1: recently on his on his site Young Money about how 165 00:07:46,800 --> 00:07:49,400 Speaker 1: a writer to be a good writer, you can't just write. 166 00:07:49,920 --> 00:07:51,640 Speaker 1: You have to also go out there and live life 167 00:07:51,640 --> 00:07:54,080 Speaker 1: and experience things that makes you a better writer. And 168 00:07:54,080 --> 00:07:56,000 Speaker 1: I think the same is true of us. The more 169 00:07:56,040 --> 00:07:58,160 Speaker 1: we go out there and live life, we become better 170 00:07:58,160 --> 00:08:02,520 Speaker 1: podcasters and uh vacationing time away as part of that. Well, 171 00:08:02,720 --> 00:08:04,560 Speaker 1: here's the thing though, if you do go on a 172 00:08:04,600 --> 00:08:07,720 Speaker 1: trip and you have an animal that you need uh 173 00:08:07,760 --> 00:08:10,000 Speaker 1: someone else to watch, pet sitting costs are on the 174 00:08:10,120 --> 00:08:12,840 Speaker 1: rise if and when you do go on vacation boarding 175 00:08:12,920 --> 00:08:14,840 Speaker 1: rates are up quite a bit, somewhere in the ten 176 00:08:14,880 --> 00:08:17,680 Speaker 1: to fifteen percent range. That's according to industry trade groups. 177 00:08:17,840 --> 00:08:19,800 Speaker 1: And also I bet a lot of that is because 178 00:08:19,880 --> 00:08:22,160 Speaker 1: of what I'm gonna call pandemic pets. Like DeMay, it 179 00:08:22,200 --> 00:08:25,080 Speaker 1: has gone up because of all the folks who they're 180 00:08:25,080 --> 00:08:27,920 Speaker 1: setting at home by them puppy and I could really 181 00:08:28,040 --> 00:08:31,440 Speaker 1: use a puppy or a little kitten. And now that 182 00:08:31,440 --> 00:08:34,040 Speaker 1: puppy or that cat, they're two years old and you 183 00:08:34,120 --> 00:08:36,440 Speaker 1: just want to get out of town. Yes, yes, And 184 00:08:36,520 --> 00:08:39,480 Speaker 1: so I guess I would suggest one maybe for folks 185 00:08:39,520 --> 00:08:41,560 Speaker 1: to try to find someone in their neighborhood who's willing 186 00:08:41,600 --> 00:08:43,160 Speaker 1: to do pet sit swaps, kind of like you and 187 00:08:43,200 --> 00:08:45,560 Speaker 1: I do date night swaps. Yeah, that's gonna save you 188 00:08:45,920 --> 00:08:47,920 Speaker 1: a lot of money. But if you can't add another 189 00:08:48,040 --> 00:08:50,480 Speaker 1: cat to the litter. Yes, if you can't, it's it's 190 00:08:50,480 --> 00:08:53,160 Speaker 1: gonna cost you a little bit more. Um. And so yeah, Matt, 191 00:08:53,200 --> 00:08:56,280 Speaker 1: we we just moved into this new neighborhood and we're 192 00:08:56,320 --> 00:08:58,839 Speaker 1: at the beach this week, and so we had we 193 00:08:58,920 --> 00:09:01,160 Speaker 1: had to find somebody. We went through this website called 194 00:09:01,240 --> 00:09:03,240 Speaker 1: Rover and we found somebody really close by. But the 195 00:09:03,240 --> 00:09:04,439 Speaker 1: great thing is we'll be able to use them in 196 00:09:04,440 --> 00:09:06,400 Speaker 1: the future for even less money. I think we're paying 197 00:09:06,679 --> 00:09:10,320 Speaker 1: sixteen bucks a visit, which for a guy who's pretty good, right, 198 00:09:10,320 --> 00:09:12,480 Speaker 1: pretty frugal like me, though, yeah, I just hate it. Though, 199 00:09:12,520 --> 00:09:14,440 Speaker 1: I just I hate it. But apparently they'll like take 200 00:09:14,480 --> 00:09:16,880 Speaker 1: selfies with your cat or something. You can send them 201 00:09:16,880 --> 00:09:20,120 Speaker 1: your way, which I don't really want, but uh, you know, 202 00:09:20,240 --> 00:09:22,800 Speaker 1: and then they'll do other things. They can find your cat, yes, yes, 203 00:09:22,960 --> 00:09:25,560 Speaker 1: but hopefully on our next trip we'll be able to 204 00:09:25,559 --> 00:09:27,960 Speaker 1: have some new neighbors that were now good friends with 205 00:09:28,320 --> 00:09:30,719 Speaker 1: maybe do this for for less money. A neighborhood kid 206 00:09:30,720 --> 00:09:33,400 Speaker 1: who likes cats sitting for I don't know, less than 207 00:09:33,480 --> 00:09:37,160 Speaker 1: fifteen bucks. Sure, like my kids for instance, Except for 208 00:09:37,280 --> 00:09:39,880 Speaker 1: the fact that our family is we we coordinated our 209 00:09:39,920 --> 00:09:42,200 Speaker 1: trips obviously, so that while y'all are at the beach, 210 00:09:42,200 --> 00:09:45,480 Speaker 1: we're also at the beach with our extended family. But yeah, 211 00:09:45,480 --> 00:09:47,280 Speaker 1: you gotta make sure you tap our kids as well 212 00:09:47,320 --> 00:09:49,800 Speaker 1: to do it. They need some of that charge in 213 00:09:49,840 --> 00:09:52,080 Speaker 1: fifteen bucks a day I'm in, I'll be like, all right, 214 00:09:52,120 --> 00:09:55,880 Speaker 1: every twelve bucks you want to get in just under 215 00:09:55,920 --> 00:09:59,240 Speaker 1: the wire. Uh, make it worthwhile to change finding a 216 00:09:59,240 --> 00:10:01,680 Speaker 1: way to increase some of the responsibilities of our kids. Like, 217 00:10:01,840 --> 00:10:03,800 Speaker 1: they earn money around the house doing things for us, 218 00:10:04,040 --> 00:10:05,559 Speaker 1: but it raises the bar when you're doing that for 219 00:10:05,600 --> 00:10:08,040 Speaker 1: somebody else and they haven't really done that yet. They've 220 00:10:08,080 --> 00:10:12,840 Speaker 1: sold lemonade and different things like that, Like, but when 221 00:10:12,840 --> 00:10:15,200 Speaker 1: they're actually taking on some of these smaller jobs like 222 00:10:15,240 --> 00:10:17,679 Speaker 1: that for neighbors, I think that's kind of the next level. 223 00:10:17,720 --> 00:10:20,200 Speaker 1: I mean literally, it's the next level before getting your 224 00:10:20,240 --> 00:10:23,319 Speaker 1: first actual job outside of the home. It's just kind 225 00:10:23,320 --> 00:10:25,720 Speaker 1: of fun to start thinking down that path a little bit. 226 00:10:26,240 --> 00:10:28,160 Speaker 1: Let's talk about gift cards here real quick. This is 227 00:10:28,200 --> 00:10:31,320 Speaker 1: going to be your friendly reminder to use your gift 228 00:10:31,320 --> 00:10:33,719 Speaker 1: cards as soon as possible, partly because so much of 229 00:10:33,760 --> 00:10:36,199 Speaker 1: the money that's on gift cards actually never gets used. 230 00:10:36,640 --> 00:10:39,120 Speaker 1: As folks completely forget about them, shoved in the back 231 00:10:39,120 --> 00:10:43,400 Speaker 1: of your underwords exactly. Yeah. But also because the value 232 00:10:43,920 --> 00:10:47,400 Speaker 1: of those nefarious pieces of plastic, they are getting eroded 233 00:10:47,440 --> 00:10:50,640 Speaker 1: more quickly right now. That's one of the mostly unforeseen 234 00:10:50,679 --> 00:10:54,280 Speaker 1: consequences of you know, us experiencing over nine percent inflation. 235 00:10:54,720 --> 00:10:57,280 Speaker 1: And so we would suggest using your gift cards before 236 00:10:57,440 --> 00:11:00,360 Speaker 1: they're worth even less. If you've got ones that you 237 00:11:00,440 --> 00:11:02,520 Speaker 1: likely won't use, we would recommend that you go ahead 238 00:11:02,520 --> 00:11:05,640 Speaker 1: and sell them. Sites like card cash will buy your 239 00:11:05,720 --> 00:11:09,199 Speaker 1: unwanted gift cards. They'll give you actual real fiat currency 240 00:11:09,320 --> 00:11:13,760 Speaker 1: in return, not fake chump change bitcoin esque sort of products, 241 00:11:13,920 --> 00:11:16,920 Speaker 1: not voyager coin. Right, um, So don't let those cards 242 00:11:16,920 --> 00:11:20,400 Speaker 1: going used for for months or even years longer. The 243 00:11:20,440 --> 00:11:22,319 Speaker 1: downside to some of those sites, though, is that you're 244 00:11:22,320 --> 00:11:25,080 Speaker 1: not going to get one of the money that's on 245 00:11:25,120 --> 00:11:28,920 Speaker 1: that card. It depends on how popular that particular retailer 246 00:11:29,000 --> 00:11:30,480 Speaker 1: is going to be, but a lot of times you'll 247 00:11:30,520 --> 00:11:34,079 Speaker 1: get nine of that value. So that's sort of the downside, 248 00:11:34,320 --> 00:11:37,080 Speaker 1: or you can see it as an upside because hey, 249 00:11:37,480 --> 00:11:42,000 Speaker 1: in hand and as cash is way better than losing 250 00:11:42,000 --> 00:11:44,880 Speaker 1: that money because either that card expired or it's something 251 00:11:44,880 --> 00:11:47,400 Speaker 1: that you completely forgot about us. Right, Yeah, So do 252 00:11:47,480 --> 00:11:49,240 Speaker 1: something with those gift cards. But the longer you let 253 00:11:49,280 --> 00:11:51,400 Speaker 1: them say, the value just like the you know, the 254 00:11:51,440 --> 00:11:54,560 Speaker 1: cash that you have maybe hanging out in your wallet 255 00:11:54,600 --> 00:11:57,160 Speaker 1: is losing value because of inflation, so are your gift cards. 256 00:11:57,400 --> 00:12:00,760 Speaker 1: But let's let's talk about some good news, Matt. What 257 00:12:00,840 --> 00:12:02,880 Speaker 1: goes up must come down, right. That is kind of 258 00:12:02,920 --> 00:12:05,560 Speaker 1: a reality of physics and reality of the world we 259 00:12:05,600 --> 00:12:07,800 Speaker 1: live in, right. And and we talked about the decline 260 00:12:07,800 --> 00:12:10,440 Speaker 1: in gas prices last week, which is good news for everybody. 261 00:12:10,480 --> 00:12:11,880 Speaker 1: Those continue to come down. I think I saw in 262 00:12:11,920 --> 00:12:15,840 Speaker 1: California gas prices the average price of gases now come 263 00:12:15,920 --> 00:12:19,800 Speaker 1: under six dollars a gallon, much the relief of many 264 00:12:19,840 --> 00:12:22,520 Speaker 1: people there. I think even like ten gas stations in 265 00:12:22,559 --> 00:12:25,360 Speaker 1: California are under five bucks a gallon, which is for 266 00:12:25,400 --> 00:12:28,440 Speaker 1: the good news, um. And it looks like it looks 267 00:12:28,480 --> 00:12:30,240 Speaker 1: like gas prices are going to continue to go down 268 00:12:30,240 --> 00:12:33,040 Speaker 1: for the foreseeable future. We'll see how that pans out. 269 00:12:33,080 --> 00:12:37,200 Speaker 1: But uh, rental prices are finally starting to soften across 270 00:12:37,280 --> 00:12:40,040 Speaker 1: much of the country as well. There was there was 271 00:12:40,080 --> 00:12:42,400 Speaker 1: just no way that rents could continue to go up 272 00:12:43,760 --> 00:12:47,160 Speaker 1: a year on average, right, it happened for I don't know, 273 00:12:47,160 --> 00:12:50,480 Speaker 1: a little over one year. But we're finally starting to 274 00:12:50,520 --> 00:12:54,800 Speaker 1: see rent declines in some of those cities where rent 275 00:12:54,880 --> 00:12:57,560 Speaker 1: was rising the fastest, and so I don't know, the 276 00:12:57,559 --> 00:12:59,800 Speaker 1: thing's like recession vibes are starting to have an impact 277 00:12:59,840 --> 00:13:02,480 Speaker 1: on prices across the board. And I say vibes because 278 00:13:03,040 --> 00:13:05,000 Speaker 1: we don't know whether we're in a recession or not yet, 279 00:13:05,040 --> 00:13:07,320 Speaker 1: but a lot of people are feeling like we're going 280 00:13:07,360 --> 00:13:09,080 Speaker 1: to be or we might be in one. So if 281 00:13:09,120 --> 00:13:11,360 Speaker 1: if your lease is coming up, know that in many 282 00:13:11,360 --> 00:13:13,760 Speaker 1: markets you have more consumer power than you had just 283 00:13:13,840 --> 00:13:16,439 Speaker 1: a few months ago, whether that's with your current landlord 284 00:13:16,559 --> 00:13:18,560 Speaker 1: or one just down the streets. But this is like 285 00:13:19,120 --> 00:13:21,720 Speaker 1: a welcome relief I think for renters and and hopefully 286 00:13:22,000 --> 00:13:24,000 Speaker 1: for their sake, we're gonna start to see the market 287 00:13:24,400 --> 00:13:26,640 Speaker 1: calm down a bit and become a little more favorable. 288 00:13:26,800 --> 00:13:30,199 Speaker 1: Simultaneously though that we're seeing this declines in like the hottest, 289 00:13:30,400 --> 00:13:34,240 Speaker 1: like the very hottest cities like Miami, San Diego, Honolulu, 290 00:13:34,400 --> 00:13:37,319 Speaker 1: And so if you're living in a market that may 291 00:13:37,320 --> 00:13:39,320 Speaker 1: not be as popular, you may not have quite as 292 00:13:39,400 --> 00:13:42,040 Speaker 1: much sway over what you might be able to ask 293 00:13:42,080 --> 00:13:44,080 Speaker 1: from your landlord. I just don't want folks to get 294 00:13:44,120 --> 00:13:46,320 Speaker 1: overly cocky because they're like, oh, no way, rents are 295 00:13:46,320 --> 00:13:49,880 Speaker 1: going down and like everything, there's there's a good way 296 00:13:49,880 --> 00:13:51,280 Speaker 1: you can ask for a discount, in a bad way 297 00:13:51,280 --> 00:13:52,720 Speaker 1: you can ask for a discount. Don't just give your 298 00:13:52,760 --> 00:13:55,160 Speaker 1: landlord an ultimatum. Maybe like see Matt and Joel said this, 299 00:13:55,240 --> 00:13:58,240 Speaker 1: and so now I wanna ten percent rent reduction. He's like, well, 300 00:13:58,280 --> 00:14:01,760 Speaker 1: that's just not gonna happen. But yeah, it is good 301 00:14:01,800 --> 00:14:04,040 Speaker 1: news that there is going to be more bargaining power. 302 00:14:04,040 --> 00:14:06,520 Speaker 1: It seems to be slowing down exactly. Yeah, let's talk 303 00:14:06,559 --> 00:14:09,080 Speaker 1: about thrift stores for a second, because The Times just 304 00:14:09,120 --> 00:14:12,199 Speaker 1: published an article stating that the golden age of thrift 305 00:14:12,280 --> 00:14:15,160 Speaker 1: ing is over. And first of all, we love thrist stores. 306 00:14:15,200 --> 00:14:17,840 Speaker 1: You know, thrift ng saves you money. You're often able 307 00:14:17,920 --> 00:14:21,640 Speaker 1: to get higher quality stuff than you'll get at let's say, 308 00:14:21,720 --> 00:14:25,960 Speaker 1: like H and M other I think there aren't they 309 00:14:25,960 --> 00:14:29,520 Speaker 1: that they're the top European company out there, H and 310 00:14:29,600 --> 00:14:32,720 Speaker 1: M they're European also, Yeah, I think so. But either way, Internet, 311 00:14:32,720 --> 00:14:36,080 Speaker 1: it doesn't matter where they're based, what they're doing to 312 00:14:36,120 --> 00:14:40,240 Speaker 1: contribute to the way that we're consuming clothes in particular 313 00:14:40,800 --> 00:14:42,960 Speaker 1: is not the best thing for our planet nor for 314 00:14:43,040 --> 00:14:45,880 Speaker 1: people's pocketbooks. And that's because of the cheap stuff that 315 00:14:45,920 --> 00:14:48,560 Speaker 1: you get at retailers like that. Within that sphere of 316 00:14:48,640 --> 00:14:51,160 Speaker 1: the market, it's pretty much crap that's not meant to 317 00:14:51,280 --> 00:14:53,880 Speaker 1: last very long at all. And the Times article says 318 00:14:53,920 --> 00:14:56,680 Speaker 1: that this is exactly the problem that the thrift stores 319 00:14:56,720 --> 00:15:01,119 Speaker 1: are experiencing their rife with the fast fashion cast offs, 320 00:15:01,200 --> 00:15:03,960 Speaker 1: uh than ever before. And so while you can still 321 00:15:03,960 --> 00:15:06,240 Speaker 1: find some cool stuff, you can still find some quality stuff, 322 00:15:06,640 --> 00:15:09,840 Speaker 1: some of those drift store finds might be better off 323 00:15:09,840 --> 00:15:12,960 Speaker 1: in the trash. They're having to just spend more time 324 00:15:13,200 --> 00:15:15,800 Speaker 1: sorting through all of that crap. They're having to hire 325 00:15:15,800 --> 00:15:19,600 Speaker 1: more employees because they are being inundated with fast fashion. Yeah, 326 00:15:19,640 --> 00:15:22,840 Speaker 1: for sure. And Matt, I I like, never drop it 327 00:15:22,880 --> 00:15:25,840 Speaker 1: old maybe, but recently, why you're hating an old Navy, Well, 328 00:15:25,880 --> 00:15:28,560 Speaker 1: I I think they're part of the fast fashion crap 329 00:15:28,320 --> 00:15:30,600 Speaker 1: crap close trend for sure. Yeah, a lot of their 330 00:15:30,600 --> 00:15:32,800 Speaker 1: stuff is just so cheap it's almost not worth buying. 331 00:15:33,000 --> 00:15:34,760 Speaker 1: And I was reminded that recent I literally had not 332 00:15:34,800 --> 00:15:37,080 Speaker 1: bought an item there in a lot of years, you're 333 00:15:37,080 --> 00:15:39,080 Speaker 1: gonna talk about did you get some shorts, and some 334 00:15:39,120 --> 00:15:40,840 Speaker 1: shorts you're talking about how you saw some shorts on 335 00:15:40,880 --> 00:15:44,360 Speaker 1: sale and within like a week and a half, the 336 00:15:44,680 --> 00:15:47,480 Speaker 1: hem line on one of the legs just kind of 337 00:15:47,600 --> 00:15:51,360 Speaker 1: came completely undone. And so it's not that they're completely unusable, 338 00:15:51,720 --> 00:15:54,240 Speaker 1: but it just reminded me like a little bit longer 339 00:15:54,280 --> 00:15:55,560 Speaker 1: than the other. Yeah, I was like, I want some 340 00:15:55,600 --> 00:15:57,280 Speaker 1: inexpensive shorts, and then I was like, you know what, 341 00:15:57,400 --> 00:16:00,800 Speaker 1: when you go cheap, oftentimes you're just pointed. And so 342 00:16:01,160 --> 00:16:05,240 Speaker 1: it's yeah, sometimes those fast fashion items there, they get 343 00:16:05,280 --> 00:16:08,600 Speaker 1: misshapen really quickly, or maybe yeah, the headline does come undone, 344 00:16:08,840 --> 00:16:11,160 Speaker 1: or they just fall apart or more prone to get 345 00:16:11,360 --> 00:16:14,000 Speaker 1: like holes and stuff in them. So I feel I 346 00:16:14,080 --> 00:16:16,920 Speaker 1: still think thrift ng is a good idea, even if 347 00:16:16,920 --> 00:16:19,120 Speaker 1: the selection isn't as good, and I think it's just 348 00:16:19,160 --> 00:16:22,040 Speaker 1: worth it for people to to pay more for higher 349 00:16:22,120 --> 00:16:25,240 Speaker 1: quality items that are gonna last for for longer periods 350 00:16:25,240 --> 00:16:26,920 Speaker 1: of time. I have been doing that more and more 351 00:16:27,240 --> 00:16:31,000 Speaker 1: with this old Navy exception, just buying pieces where I'm like, 352 00:16:31,000 --> 00:16:32,640 Speaker 1: I think I'm gonna wear that for a long time 353 00:16:32,880 --> 00:16:35,480 Speaker 1: and I wanted to look good and and like hold 354 00:16:35,640 --> 00:16:38,720 Speaker 1: up over you know, hopefully a decade plus. I'm still 355 00:16:38,760 --> 00:16:40,240 Speaker 1: wearing stuff, by the way, Matt, that I got at 356 00:16:40,240 --> 00:16:42,680 Speaker 1: the thrift store when I was in my twenties like that. 357 00:16:42,960 --> 00:16:44,960 Speaker 1: That's that some of these shirts are probably forty or 358 00:16:45,000 --> 00:16:47,160 Speaker 1: fifty years old at this point. A lot of my 359 00:16:47,160 --> 00:16:50,480 Speaker 1: my plaid classics, and so I don't know, man, those 360 00:16:50,520 --> 00:16:53,320 Speaker 1: uh that's what you call them my plaid classic and 361 00:16:53,800 --> 00:16:57,920 Speaker 1: calls them your thrift store shirt. Yeah, but I still 362 00:16:57,920 --> 00:17:00,120 Speaker 1: find I think it's fun to go get that up 363 00:17:00,120 --> 00:17:02,600 Speaker 1: at the thrift store. And uh, plus you just kind 364 00:17:02,600 --> 00:17:04,119 Speaker 1: of stand up from the crowd a little bit when 365 00:17:04,200 --> 00:17:06,919 Speaker 1: when you've done sear wardrobe the exact same stuff everyone else's. 366 00:17:07,400 --> 00:17:08,960 Speaker 1: So I was about to tell my version of the 367 00:17:08,960 --> 00:17:11,760 Speaker 1: short story because I actually, uh kind of splurged on 368 00:17:11,800 --> 00:17:13,480 Speaker 1: a pair of shorts. But actually maybe we'll say that 369 00:17:13,520 --> 00:17:15,960 Speaker 1: for for another episode. But man, one of the things 370 00:17:15,960 --> 00:17:18,520 Speaker 1: I've been thinking of recently as well is I wonder, like, 371 00:17:18,520 --> 00:17:20,440 Speaker 1: when it comes to thrift stores, have the thrift stores 372 00:17:20,520 --> 00:17:22,439 Speaker 1: changed or have I changed? Okay, that feels like a 373 00:17:22,480 --> 00:17:25,959 Speaker 1: deep existential question. Well, the reason being because when we 374 00:17:25,960 --> 00:17:27,280 Speaker 1: were in high school. I'm sure when you were in 375 00:17:27,320 --> 00:17:30,000 Speaker 1: high school as well, it was not out of the 376 00:17:30,080 --> 00:17:33,080 Speaker 1: ordinary to go with your friends or while while you're 377 00:17:33,080 --> 00:17:34,919 Speaker 1: in college you would go to the thrift store. It 378 00:17:34,960 --> 00:17:37,800 Speaker 1: was fun, you save money, and it was just a 379 00:17:37,840 --> 00:17:39,960 Speaker 1: part of the cultural experience. It was a part of 380 00:17:40,000 --> 00:17:42,159 Speaker 1: coming of age, essentially, is what I'm saying. And I 381 00:17:42,200 --> 00:17:44,240 Speaker 1: don't know if that's the case now for for kids, 382 00:17:44,280 --> 00:17:47,760 Speaker 1: and and so I guess I wonder is less attractive 383 00:17:47,800 --> 00:17:49,800 Speaker 1: to go to the thrift store because the value proposition 384 00:17:49,880 --> 00:17:52,240 Speaker 1: is changed at thrift stores because they're not they don't 385 00:17:52,280 --> 00:17:55,240 Speaker 1: have the goods anymore. Or is it because I've changed? 386 00:17:55,359 --> 00:17:57,240 Speaker 1: Is it because I'm older? I would rather spend my 387 00:17:57,280 --> 00:18:00,639 Speaker 1: time doing other things with my life than team for 388 00:18:00,960 --> 00:18:03,879 Speaker 1: a really nice shirt that I'm only gonna pay seventy 389 00:18:04,119 --> 00:18:07,160 Speaker 1: cents for. Actually, I mean that's like prices ten years ago. 390 00:18:07,160 --> 00:18:09,800 Speaker 1: It's probably like three bucks for a really nice quality 391 00:18:10,040 --> 00:18:11,719 Speaker 1: Last time was the store I was, I was shocked 392 00:18:11,720 --> 00:18:13,919 Speaker 1: at some some like T shirts are obviously still like 393 00:18:14,359 --> 00:18:16,400 Speaker 1: two or three bucks or whatever, but but like other 394 00:18:16,440 --> 00:18:19,240 Speaker 1: stuff is more. Yeah, collared button up long sleeve shirts 395 00:18:19,240 --> 00:18:21,639 Speaker 1: are like more than five bucks. Now, got to go there? 396 00:18:21,680 --> 00:18:23,879 Speaker 1: On a Wednesday, I guess when all the green tags 397 00:18:23,880 --> 00:18:26,879 Speaker 1: get the Timberson off, So hopefully I don't know. I 398 00:18:27,280 --> 00:18:29,440 Speaker 1: say that though, because I hope that all the zoomers 399 00:18:29,440 --> 00:18:31,280 Speaker 1: out there are still going to the thrift store and 400 00:18:31,320 --> 00:18:34,320 Speaker 1: there are fines that they are happy because it's still 401 00:18:34,359 --> 00:18:37,320 Speaker 1: just fun, like the thrill of the hunt and the 402 00:18:37,400 --> 00:18:40,359 Speaker 1: thrill of a bargain. There's like no place like the 403 00:18:40,359 --> 00:18:42,520 Speaker 1: thrift store for that. So all right, man, We've got 404 00:18:42,520 --> 00:18:45,440 Speaker 1: more stories to get to, including that one about getting 405 00:18:45,440 --> 00:18:48,920 Speaker 1: paid regularly, like daily. We'll talk about that and why 406 00:18:48,960 --> 00:18:50,760 Speaker 1: it's actually not a good thing, and we'll hit up 407 00:18:50,760 --> 00:19:01,879 Speaker 1: a few more stories to right after this. All right, Joe, 408 00:19:01,920 --> 00:19:03,600 Speaker 1: we are back from the break. We're gonna talk about 409 00:19:03,680 --> 00:19:06,840 Speaker 1: getting paid here in a second, but it is now 410 00:19:06,920 --> 00:19:10,640 Speaker 1: time for our ludicrous headline of the week. And uh, 411 00:19:10,640 --> 00:19:13,359 Speaker 1: this particular story from the Verge, it was it was 412 00:19:13,359 --> 00:19:15,120 Speaker 1: on a radar I guess maybe about a year ago, 413 00:19:15,400 --> 00:19:18,919 Speaker 1: but now the proposed idea is reality. We talked about 414 00:19:18,920 --> 00:19:21,040 Speaker 1: how everyone and their mom they seem to be offering 415 00:19:21,160 --> 00:19:24,639 Speaker 1: a subscription model now, whether it's for streaming services like 416 00:19:24,640 --> 00:19:27,200 Speaker 1: we talked about a Wednesday, or for software or for 417 00:19:27,280 --> 00:19:30,040 Speaker 1: socks man. There's everything out there. Joel is a fan 418 00:19:30,119 --> 00:19:32,240 Speaker 1: of the meat subscription services that are out there. I 419 00:19:32,280 --> 00:19:34,560 Speaker 1: don't subscribe to one, ruining his budget. I saw there 420 00:19:34,600 --> 00:19:36,640 Speaker 1: was a bacon subscription, and I was like, if I'm 421 00:19:36,640 --> 00:19:38,760 Speaker 1: gonna if any subscription model is going to get my 422 00:19:38,760 --> 00:19:40,119 Speaker 1: dialoge is going to be that one. But I was 423 00:19:40,160 --> 00:19:41,920 Speaker 1: reading the story still I held off, and the guy 424 00:19:41,960 --> 00:19:45,080 Speaker 1: there interview was talking about how he's just feeling the 425 00:19:45,080 --> 00:19:47,879 Speaker 1: pinch with the higher prices, and he was complaining about 426 00:19:47,920 --> 00:19:50,400 Speaker 1: having to cut back on some things in his life, 427 00:19:50,440 --> 00:19:53,480 Speaker 1: and he mentioned his meat box subscription, and I thought, 428 00:19:53,640 --> 00:19:56,000 Speaker 1: oh my goodness, you can take my meat box subscription 429 00:19:56,040 --> 00:19:58,760 Speaker 1: over my dead book the things that we have grown 430 00:19:58,760 --> 00:20:01,159 Speaker 1: accustomed tonight. And again we're all feeling a bit of 431 00:20:01,160 --> 00:20:04,040 Speaker 1: that subscription fatigue. But that doesn't mean that companies aren't 432 00:20:04,080 --> 00:20:07,840 Speaker 1: still wanting your recurring payments. UH and BMW is now 433 00:20:07,920 --> 00:20:10,679 Speaker 1: charging officially they are charging a monthly fee for the 434 00:20:10,720 --> 00:20:13,200 Speaker 1: heated seats in your car, and a bunch of countries 435 00:20:13,400 --> 00:20:16,400 Speaker 1: over in Europe, like the UK, they're doing this in Germany, 436 00:20:16,400 --> 00:20:18,640 Speaker 1: in New Zealand as well. You can pay eighteen bucks 437 00:20:18,640 --> 00:20:21,920 Speaker 1: a month UH in order to get your butt heated 438 00:20:22,000 --> 00:20:23,760 Speaker 1: up in the winter, or you can pay the better 439 00:20:23,800 --> 00:20:26,200 Speaker 1: deal by paying a hundred and eighty bucks for the year. 440 00:20:26,440 --> 00:20:29,639 Speaker 1: Everybody wants you be to pay them on a monthly basis. 441 00:20:29,680 --> 00:20:32,760 Speaker 1: It's not enough that you buy the BMW. They also 442 00:20:32,800 --> 00:20:34,320 Speaker 1: want eighteen bucks a month so you can keep a 443 00:20:34,320 --> 00:20:36,720 Speaker 1: butt warm. And I just I wish this were a joke, Matt, 444 00:20:36,760 --> 00:20:39,919 Speaker 1: I do because, um, I guess one one thing you 445 00:20:39,960 --> 00:20:42,600 Speaker 1: can do to get around it. BMW at least offers 446 00:20:42,600 --> 00:20:46,160 Speaker 1: the option to pay for unlimited access for a one 447 00:20:46,160 --> 00:20:48,720 Speaker 1: time for you have four dred and fifteen dollars. It's 448 00:20:49,080 --> 00:20:51,760 Speaker 1: I missed that was a one time annual fee. No, no, 449 00:20:51,880 --> 00:20:53,639 Speaker 1: that there was an annual one as well and a 450 00:20:53,760 --> 00:20:56,800 Speaker 1: three year one. I say they're going like with different 451 00:20:56,800 --> 00:20:59,560 Speaker 1: tiers that you can you can access and so I 452 00:20:59,560 --> 00:21:01,040 Speaker 1: don't know, just to heads up, it's not gonna be 453 00:21:01,119 --> 00:21:06,200 Speaker 1: long before this sort of paying for auto amenities comes 454 00:21:06,240 --> 00:21:09,840 Speaker 1: to the United States via BMW and probably other car manufacturers. 455 00:21:10,119 --> 00:21:11,840 Speaker 1: UM I think this is gonna be a trend that 456 00:21:11,840 --> 00:21:14,560 Speaker 1: that maybe but hopefully not catches on. And I just 457 00:21:14,720 --> 00:21:16,920 Speaker 1: I hope that how do money listeners and other consumers 458 00:21:16,920 --> 00:21:19,359 Speaker 1: respond appropriately? They kind of give the heisman to me, 459 00:21:19,520 --> 00:21:22,000 Speaker 1: these companies that are trying to uh to take out 460 00:21:22,000 --> 00:21:24,879 Speaker 1: of dollars in this way, because if if equipment is 461 00:21:24,920 --> 00:21:27,720 Speaker 1: already installed in the car, to charge me a fee 462 00:21:27,760 --> 00:21:30,480 Speaker 1: to use it when I've already paid a pretty pretty 463 00:21:30,480 --> 00:21:32,760 Speaker 1: healthy price for the car. We talked recently Matt about 464 00:21:32,760 --> 00:21:35,320 Speaker 1: how the average price of a new car is is 465 00:21:35,480 --> 00:21:38,720 Speaker 1: almost at fifty dollars. It's between forty seven and forty 466 00:21:38,760 --> 00:21:40,960 Speaker 1: eight thousand dollars. So to think that I'm going to 467 00:21:41,040 --> 00:21:42,480 Speaker 1: pay that much and then pay you on a monthly 468 00:21:42,520 --> 00:21:44,919 Speaker 1: basis for more stuff associated with the car, it's just 469 00:21:45,520 --> 00:21:48,760 Speaker 1: it's ludicrous. Honestly, it's we're getting to that point where 470 00:21:48,920 --> 00:21:51,159 Speaker 1: it's just absurd, and I don't like it. It's an 471 00:21:51,160 --> 00:21:53,720 Speaker 1: appropriate story for the segments, So here we go, because 472 00:21:53,720 --> 00:21:55,359 Speaker 1: I wouldn't pay for it. I would just warm my 473 00:21:55,400 --> 00:21:58,320 Speaker 1: butt up with my own hands by through friction. Just 474 00:21:58,320 --> 00:22:03,040 Speaker 1: just what's that guy doing over there in B I'm 475 00:22:03,040 --> 00:22:06,240 Speaker 1: pretty sure that's forming up his bottom? Right. Okay, here 476 00:22:06,240 --> 00:22:08,639 Speaker 1: you go, because I am actually gonna maybe step up 477 00:22:08,640 --> 00:22:11,280 Speaker 1: and defend BMW a little bit here, because here's the thing. 478 00:22:11,320 --> 00:22:13,680 Speaker 1: If you're gonna spend that much money on a BMW, 479 00:22:13,880 --> 00:22:15,479 Speaker 1: like eighteen bucks a month. That is not a lot 480 00:22:15,480 --> 00:22:17,480 Speaker 1: of money, like like you would gladly turn that much 481 00:22:17,480 --> 00:22:19,720 Speaker 1: money on a like a nice bottle of beer. And 482 00:22:19,760 --> 00:22:23,280 Speaker 1: if you can afford to buy a brand new BMW, 483 00:22:23,400 --> 00:22:25,440 Speaker 1: I think for those folks, it's just a drop in 484 00:22:25,480 --> 00:22:27,439 Speaker 1: the bucket for the most part, right, And so I 485 00:22:27,440 --> 00:22:28,880 Speaker 1: say this because I don't want to yuck on somebody 486 00:22:28,920 --> 00:22:31,440 Speaker 1: else's yum uh. And just just like some people might 487 00:22:31,440 --> 00:22:34,800 Speaker 1: hear us say, oh, man, man, Joel's dropped twenty five 488 00:22:34,880 --> 00:22:38,439 Speaker 1: dollars on a single, nice big bottle of beer, and 489 00:22:38,480 --> 00:22:40,600 Speaker 1: it's just like, well that that means something to us. 490 00:22:40,600 --> 00:22:42,160 Speaker 1: It's totally fine if you want to buy the car 491 00:22:42,200 --> 00:22:44,800 Speaker 1: with the heated seats and cost more. I don't want. 492 00:22:44,840 --> 00:22:47,040 Speaker 1: So here's my argument here is I think there might 493 00:22:47,080 --> 00:22:50,719 Speaker 1: be somebody out there who just wants some fine German 494 00:22:50,760 --> 00:22:54,440 Speaker 1: engineering and they don't want the latest cutting edge technology. 495 00:22:54,800 --> 00:22:57,040 Speaker 1: They don't want all the like, they want the performance 496 00:22:57,119 --> 00:23:00,439 Speaker 1: that comes with driving that kind of vehicle. And for folks, 497 00:23:01,000 --> 00:23:03,040 Speaker 1: it might be a nice little tiered system that allows 498 00:23:03,080 --> 00:23:04,840 Speaker 1: them to get the car but without all of the 499 00:23:04,840 --> 00:23:07,800 Speaker 1: additional add ons. But it's baked into the products being installed, 500 00:23:08,200 --> 00:23:10,280 Speaker 1: like the equipment is installed on that like this right, 501 00:23:10,400 --> 00:23:13,639 Speaker 1: what's what's done is done, and but to access it. 502 00:23:13,680 --> 00:23:15,320 Speaker 1: But that's the luxury is all about, man Like it's 503 00:23:15,320 --> 00:23:17,959 Speaker 1: it's not necessarily that there's something tangible that you're not receiving. 504 00:23:18,000 --> 00:23:20,320 Speaker 1: It's like, well, I almost see it like the discount 505 00:23:20,359 --> 00:23:22,960 Speaker 1: airlines like Spirit, because a lot of folks will knock 506 00:23:23,040 --> 00:23:27,520 Speaker 1: them for charging you they're nickeling diming you like every 507 00:23:27,520 --> 00:23:30,720 Speaker 1: single thing because they're charging you less for the ticket 508 00:23:30,760 --> 00:23:33,560 Speaker 1: up front. Yeah, I think BMW's argument would be, well, 509 00:23:33,760 --> 00:23:35,879 Speaker 1: it would be a more expensive vehicle across the board 510 00:23:35,920 --> 00:23:38,560 Speaker 1: if we're gonna, you know, allow everyone to have access 511 00:23:38,560 --> 00:23:40,560 Speaker 1: to all of these people, It wouldn't because they're installing 512 00:23:40,600 --> 00:23:43,920 Speaker 1: them on all these cars. They're just yeah, it's yeah, 513 00:23:44,040 --> 00:23:46,120 Speaker 1: I'm not gonna completely go to that, But I do 514 00:23:46,320 --> 00:23:48,719 Speaker 1: like that people have the option to make the choices 515 00:23:48,760 --> 00:23:50,920 Speaker 1: that they want to make. Obviously, as long as they 516 00:23:50,920 --> 00:23:53,400 Speaker 1: are up front about the pricing, just like with Spirit, 517 00:23:53,640 --> 00:23:55,560 Speaker 1: as long as you know what it's going to cost 518 00:23:55,640 --> 00:23:58,160 Speaker 1: you to bring that carry on onto the flight. If 519 00:23:58,200 --> 00:24:00,520 Speaker 1: they're if it's the gotcha, I am not okay with that. 520 00:24:00,960 --> 00:24:03,520 Speaker 1: And if BMW if they make it seem like that 521 00:24:03,560 --> 00:24:07,240 Speaker 1: you've got all of these things of available to you, 522 00:24:07,520 --> 00:24:09,080 Speaker 1: but then they're like, oh, I'm sorry, by the way, 523 00:24:09,119 --> 00:24:10,800 Speaker 1: that's going to be an extra twenty bucks a month. 524 00:24:11,000 --> 00:24:13,119 Speaker 1: I'm not done with that. And it seems like that 525 00:24:13,160 --> 00:24:15,640 Speaker 1: they are being transparent and that folks know what they're 526 00:24:15,640 --> 00:24:17,960 Speaker 1: getting it. It's definitely something people need to watch out for, 527 00:24:18,119 --> 00:24:20,159 Speaker 1: be aware of because all the ballers out there, I'm 528 00:24:20,200 --> 00:24:22,720 Speaker 1: start to see more of it rolling around in the beamers. Right. Yeah, 529 00:24:23,119 --> 00:24:24,919 Speaker 1: they're really not going to do it on the Toyota 530 00:24:24,960 --> 00:24:27,840 Speaker 1: Corollas and all of our BMW owner listeners have turned 531 00:24:27,840 --> 00:24:31,000 Speaker 1: the podcast. All right, let's move on. Let's get to 532 00:24:31,080 --> 00:24:33,360 Speaker 1: that story that we we've been talking about, the one 533 00:24:33,600 --> 00:24:36,200 Speaker 1: about getting paid every day. And this is the article 534 00:24:36,240 --> 00:24:38,800 Speaker 1: I referenced early on in Fortune magazine that I read 535 00:24:38,800 --> 00:24:41,119 Speaker 1: for free one who Finance, and they had an article 536 00:24:41,160 --> 00:24:44,040 Speaker 1: about how younger workers are are wanting to get paid 537 00:24:44,560 --> 00:24:48,000 Speaker 1: every single day, and sixty one per cent of gen 538 00:24:48,119 --> 00:24:50,879 Speaker 1: z Ar's surveyed said they would like the option at 539 00:24:50,960 --> 00:24:54,080 Speaker 1: least to get their paychecks on a daily basis. But 540 00:24:54,280 --> 00:24:56,159 Speaker 1: then that begs the question, people, Yeah, there's a lot 541 00:24:56,160 --> 00:24:58,200 Speaker 1: of people who want there. They want their money every 542 00:24:58,200 --> 00:25:01,720 Speaker 1: single day they work. But is on demand pay a 543 00:25:01,800 --> 00:25:04,280 Speaker 1: good thing? We would say, not necessarily. And it's not 544 00:25:04,320 --> 00:25:06,600 Speaker 1: that getting paid more frequently is a bad thing in 545 00:25:06,640 --> 00:25:08,600 Speaker 1: and of itself, right, I like the principle of it, 546 00:25:08,680 --> 00:25:11,800 Speaker 1: like there's nothing about that the days working days wages right, Like, yeah, 547 00:25:11,880 --> 00:25:14,639 Speaker 1: there's something kind of like super old school like almost 548 00:25:14,640 --> 00:25:17,000 Speaker 1: like biblical getting paid for the work you're doing on 549 00:25:17,000 --> 00:25:19,960 Speaker 1: a daily basis. Completely agree on principle, I agree, But 550 00:25:20,000 --> 00:25:23,240 Speaker 1: in practice, Uh, that's where it feels kind of funny exactly. 551 00:25:23,240 --> 00:25:24,920 Speaker 1: It feels like the reason that people want to get 552 00:25:24,920 --> 00:25:26,840 Speaker 1: paid on a daily basis is that they can spend 553 00:25:26,840 --> 00:25:29,679 Speaker 1: their money more quickly. And so I think this is 554 00:25:29,720 --> 00:25:32,679 Speaker 1: like a behavioral domino effect that gets created here. If 555 00:25:32,720 --> 00:25:35,000 Speaker 1: you paid every day, you're more likely to dip into 556 00:25:35,000 --> 00:25:37,879 Speaker 1: those funds, and you're less likely to save and be 557 00:25:37,920 --> 00:25:41,560 Speaker 1: prepared for a financial emergency and go banking Rates found 558 00:25:41,680 --> 00:25:44,440 Speaker 1: in another survey that folks who get paid more frequently 559 00:25:44,800 --> 00:25:47,280 Speaker 1: they are more likely to be living paycheck to paycheck, 560 00:25:47,560 --> 00:25:49,280 Speaker 1: And so I don't know, getting paid every day can 561 00:25:49,280 --> 00:25:51,440 Speaker 1: make it more tempting, like I said, to spend that 562 00:25:51,480 --> 00:25:54,080 Speaker 1: money when it hits your accounts, and um, I think 563 00:25:54,200 --> 00:25:56,680 Speaker 1: part of that the results from that go Banking Rate survey. Matt. 564 00:25:56,680 --> 00:25:59,359 Speaker 1: It could be because folks to get paid daily, it 565 00:25:59,440 --> 00:26:02,280 Speaker 1: just happens more frequently at lower income jobs, so that 566 00:26:02,280 --> 00:26:04,320 Speaker 1: could be the correlation there, But I don't know. I 567 00:26:04,320 --> 00:26:06,679 Speaker 1: tend to think that there's something good about the weekly 568 00:26:06,760 --> 00:26:09,320 Speaker 1: or bi weekly paycheck cycle. It has people to budget 569 00:26:09,359 --> 00:26:11,800 Speaker 1: and plan better. So be careful what you wish for. 570 00:26:12,040 --> 00:26:13,879 Speaker 1: If your money get your bank acount every day, you 571 00:26:13,960 --> 00:26:17,400 Speaker 1: might find yourself in an even more precarious financial situation. Yeah, 572 00:26:17,400 --> 00:26:20,480 Speaker 1: basically feels enabling because it doesn't. It's not a muscle 573 00:26:20,680 --> 00:26:22,920 Speaker 1: that these workers are having to flex. It's not something 574 00:26:22,920 --> 00:26:24,640 Speaker 1: that they're having to build up. What does it look 575 00:26:24,680 --> 00:26:26,480 Speaker 1: like to be able to build up some margin within 576 00:26:26,520 --> 00:26:28,399 Speaker 1: your budget? What does it look like to have to 577 00:26:28,480 --> 00:26:30,720 Speaker 1: plan two weeks in advance or four weeks in advance. 578 00:26:31,000 --> 00:26:33,600 Speaker 1: It actually makes me think of food, right, Uh, like 579 00:26:33,640 --> 00:26:35,240 Speaker 1: getting paid every day. In my mind, it's sort of 580 00:26:35,280 --> 00:26:37,800 Speaker 1: like the same thing as like snacking just throughout the 581 00:26:37,880 --> 00:26:39,840 Speaker 1: day and you don't actually eat any meals, and not 582 00:26:39,840 --> 00:26:41,639 Speaker 1: only are you snacking, but you're eating like in venous 583 00:26:41,640 --> 00:26:45,680 Speaker 1: food like chips, just other empty calorie crap basically, as 584 00:26:45,680 --> 00:26:48,119 Speaker 1: opposed to thinking through what you're gonna have for dinner, 585 00:26:48,440 --> 00:26:51,639 Speaker 1: going and buying those groceries, going through the process of 586 00:26:52,040 --> 00:26:56,600 Speaker 1: cooking that meal and sitting down and actually enjoying a 587 00:26:56,680 --> 00:26:59,920 Speaker 1: delicious and nutritious meal. There's a lot lost when you're 588 00:27:00,040 --> 00:27:02,720 Speaker 1: sitting there just kind of just like filling your face 589 00:27:02,760 --> 00:27:05,080 Speaker 1: full of jumping food and just downing soil ins because 590 00:27:05,119 --> 00:27:07,080 Speaker 1: you don't want to think about it exactly, and so 591 00:27:07,119 --> 00:27:09,800 Speaker 1: it's hard to quantify, but there's something. I think there's 592 00:27:09,800 --> 00:27:13,200 Speaker 1: always gonna be something lost when we're opting for convenience 593 00:27:13,320 --> 00:27:15,280 Speaker 1: and immediacy. And I think the same thing can be 594 00:27:15,280 --> 00:27:17,080 Speaker 1: true when it comes to our money as well. Yeah, 595 00:27:17,119 --> 00:27:20,520 Speaker 1: I completely agree. And the thing is, though it doesn't 596 00:27:20,520 --> 00:27:22,679 Speaker 1: apply to people who own their own business, right like that, 597 00:27:22,800 --> 00:27:24,840 Speaker 1: Like this is only people who work for someone else. 598 00:27:24,880 --> 00:27:27,399 Speaker 1: But more and more of the workforce in the US 599 00:27:27,920 --> 00:27:30,199 Speaker 1: is working for themselves, which we think is a good thing. Right. 600 00:27:30,840 --> 00:27:33,600 Speaker 1: Stats show that more than ten percent of folks in 601 00:27:33,600 --> 00:27:36,360 Speaker 1: this country are now self employed, which is the highest 602 00:27:36,440 --> 00:27:39,720 Speaker 1: level in fifteen years, Matt, And that's something we get 603 00:27:39,720 --> 00:27:42,879 Speaker 1: behind all about that, But here's the thing. Self employed folks, 604 00:27:42,960 --> 00:27:45,480 Speaker 1: they need to plan and save even better than people 605 00:27:45,520 --> 00:27:47,720 Speaker 1: who get paid every two weeks in order to balance 606 00:27:47,720 --> 00:27:51,800 Speaker 1: out those potentially infrequent paychecks. Although this is this is 607 00:27:51,840 --> 00:27:54,280 Speaker 1: a very good thing for our economy and for those 608 00:27:54,320 --> 00:27:56,960 Speaker 1: individuals in the long run, we think so, I don't 609 00:27:56,960 --> 00:27:59,960 Speaker 1: know whether you're becoming a consultant or a small business owner, 610 00:28:00,160 --> 00:28:02,800 Speaker 1: working for yourself has just a lot more upside than 611 00:28:02,880 --> 00:28:05,800 Speaker 1: staying at your day job. The transition to working for 612 00:28:05,840 --> 00:28:08,639 Speaker 1: yourself it's not always so easy though, so having some 613 00:28:08,720 --> 00:28:11,520 Speaker 1: financial runway is crucial. But we're always going to be 614 00:28:11,680 --> 00:28:14,200 Speaker 1: the kind of guys who do cheer on the person 615 00:28:14,480 --> 00:28:16,920 Speaker 1: who wants to strike it out on their own. Small 616 00:28:16,960 --> 00:28:19,600 Speaker 1: businesses and entrepreneurs kind of make this country go round. 617 00:28:19,840 --> 00:28:22,560 Speaker 1: They helped drive innovation and ingenuity, and of course a 618 00:28:22,640 --> 00:28:25,199 Speaker 1: lot more folks are considering it, are transitioning to that. 619 00:28:25,240 --> 00:28:27,720 Speaker 1: But I think more people should consider that, and so 620 00:28:27,720 --> 00:28:29,960 Speaker 1: we're always going to point our listeners to at least 621 00:28:29,960 --> 00:28:32,440 Speaker 1: thinking about going on on their own at some point 622 00:28:32,440 --> 00:28:35,120 Speaker 1: in the future. Absolutely, let's keep moving man. Uh. Last 623 00:28:35,119 --> 00:28:38,280 Speaker 1: week we talked about stamps. Coupons. They're kind of like stamps. 624 00:28:38,480 --> 00:28:40,680 Speaker 1: They both sort of feel like a relic of a 625 00:28:40,720 --> 00:28:44,240 Speaker 1: bygone era. Uh, it's not just a feeling anymore, though. 626 00:28:44,240 --> 00:28:47,600 Speaker 1: It turns out that retailers are offering fewer coupons according 627 00:28:47,600 --> 00:28:50,360 Speaker 1: to The Times, and the Weekend newspaper, which is also 628 00:28:50,440 --> 00:28:53,000 Speaker 1: in decline, is sporting fewer coupons than it did just 629 00:28:53,040 --> 00:28:55,520 Speaker 1: a couple of years ago. Digital coupons, on the other hand, 630 00:28:55,520 --> 00:28:59,480 Speaker 1: are becoming more mainstream, but they are still not growing 631 00:28:59,480 --> 00:29:03,239 Speaker 1: as quickly as physical coupons are decreasing. That we love 632 00:29:03,280 --> 00:29:05,000 Speaker 1: saving money here at how the money, but that doesn't 633 00:29:05,040 --> 00:29:07,760 Speaker 1: mean that we cut coupons um ever. I don't know, 634 00:29:07,800 --> 00:29:10,000 Speaker 1: I can't. I don't know if i've ever. I mean, 635 00:29:10,040 --> 00:29:12,000 Speaker 1: I'm sure I have at some point, but I definitely 636 00:29:12,000 --> 00:29:14,800 Speaker 1: don't cut coupons today. But more power to you if 637 00:29:14,800 --> 00:29:16,400 Speaker 1: that's your thing. But they can be I think, more 638 00:29:16,400 --> 00:29:19,080 Speaker 1: hassle than they're actually worth. The only time I use 639 00:29:19,160 --> 00:29:23,440 Speaker 1: coupons are the coupons that you get to lows off 640 00:29:23,440 --> 00:29:25,960 Speaker 1: coupons for like home depot or like one sent to 641 00:29:26,000 --> 00:29:28,560 Speaker 1: me in the mailbox like that, which I'm gonna use it. 642 00:29:28,600 --> 00:29:31,560 Speaker 1: But by the way, so oftentimes and then but by 643 00:29:31,560 --> 00:29:33,280 Speaker 1: the way that that's all, you're gonna save a lot 644 00:29:33,280 --> 00:29:34,920 Speaker 1: more with a ten percent off at Lows, and you 645 00:29:34,960 --> 00:29:38,760 Speaker 1: are with like off some rice or something like that 646 00:29:39,680 --> 00:29:41,840 Speaker 1: pint of beans. Some of those grocery storekeupons are just 647 00:29:41,880 --> 00:29:44,280 Speaker 1: they're they're so small the dollar and savings that it 648 00:29:44,600 --> 00:29:47,720 Speaker 1: almost how much is your time works question? Yeah? So okay, 649 00:29:47,720 --> 00:29:49,480 Speaker 1: So I got to talking about home deeper there for 650 00:29:49,480 --> 00:29:51,400 Speaker 1: a second. We both moved recently. Did you get one 651 00:29:51,440 --> 00:29:54,360 Speaker 1: of those packets in the mail from I think like 652 00:29:54,360 --> 00:29:56,160 Speaker 1: the post office and you get all the coupons. I 653 00:29:56,200 --> 00:29:58,680 Speaker 1: didn't see a Home Depot or Lows coupon in there, 654 00:29:58,920 --> 00:30:01,400 Speaker 1: but used to always they did. I haven't always send 655 00:30:01,440 --> 00:30:03,680 Speaker 1: this out because I remember back at our old house, 656 00:30:03,840 --> 00:30:06,840 Speaker 1: I'll go into the to the post office and Miss Jones, 657 00:30:07,080 --> 00:30:08,840 Speaker 1: one of the ladies that would always work there. She 658 00:30:08,880 --> 00:30:10,720 Speaker 1: knew that I would like to come in and get 659 00:30:10,760 --> 00:30:13,160 Speaker 1: those change of addressing envelopes, and she would just sometimes 660 00:30:13,160 --> 00:30:15,840 Speaker 1: give them to me because I would. At the time, 661 00:30:15,840 --> 00:30:17,840 Speaker 1: We're doing a lot of home improvements, and I was 662 00:30:17,840 --> 00:30:21,160 Speaker 1: all about getting my hands on those coupons. Those coupons 663 00:30:21,200 --> 00:30:23,600 Speaker 1: saved real money, big big money. But and I know 664 00:30:23,680 --> 00:30:25,400 Speaker 1: some people you must have stopped it right. I know 665 00:30:25,480 --> 00:30:28,920 Speaker 1: some people use the the the circulars, the Sunday circulars 666 00:30:28,920 --> 00:30:31,040 Speaker 1: and the coupons that are in there to save some money. 667 00:30:31,240 --> 00:30:34,240 Speaker 1: I guess just it's it's harder to save enough to 668 00:30:34,280 --> 00:30:37,680 Speaker 1: make it worthwhile. Although, um, there are other digital apps 669 00:30:37,720 --> 00:30:39,840 Speaker 1: that will scan your receipt to help you save more 670 00:30:39,960 --> 00:30:42,880 Speaker 1: on the back end. Uh, stuff like Ibota and fetch. 671 00:30:43,160 --> 00:30:45,200 Speaker 1: Those are two worth checking out. And uh yeah, my 672 00:30:45,280 --> 00:30:48,480 Speaker 1: friend Michael, he actually wrote about how he has I 673 00:30:48,520 --> 00:30:52,160 Speaker 1: think in like six or seven years, made thirty dollars 674 00:30:52,200 --> 00:30:54,480 Speaker 1: in cash back using those apps. He's a single individual, 675 00:30:54,600 --> 00:30:57,360 Speaker 1: no family, and he has made that much back on 676 00:30:57,440 --> 00:30:59,360 Speaker 1: his spending. So we'll link to that article in the 677 00:30:59,360 --> 00:31:02,520 Speaker 1: show notes. But it's it's worth reading because I don't 678 00:31:02,520 --> 00:31:04,960 Speaker 1: know Mike. Michael has been a money saving fiend for 679 00:31:05,240 --> 00:31:07,880 Speaker 1: years now. I love following his stuff and he kind 680 00:31:07,880 --> 00:31:10,040 Speaker 1: of touches on things that I'm not as into, are 681 00:31:10,080 --> 00:31:12,760 Speaker 1: familiar with, stuff that you're not willing. Yeah, I don't 682 00:31:12,760 --> 00:31:14,200 Speaker 1: want to be the guinea pig for some of those things, 683 00:31:14,280 --> 00:31:16,680 Speaker 1: but I appreciate that he is. And so yeah, he's 684 00:31:16,680 --> 00:31:19,200 Speaker 1: just like he's done. He's crushed it using those apps 685 00:31:19,360 --> 00:31:21,520 Speaker 1: to save himself a bunch of money. Yeah, and plus 686 00:31:21,600 --> 00:31:25,080 Speaker 1: those apps. It's a way to bring that coupon in spirit, 687 00:31:25,160 --> 00:31:27,120 Speaker 1: Like if you're all about that coupon in game, I 688 00:31:27,160 --> 00:31:32,240 Speaker 1: bought it and fetch our way to bring it from Basically, 689 00:31:32,360 --> 00:31:33,920 Speaker 1: all right, Joe, let's ahead and round this thing out. 690 00:31:34,320 --> 00:31:36,880 Speaker 1: We talk about death here on the show from time 691 00:31:36,920 --> 00:31:38,880 Speaker 1: to time. One of my favorite subjects. For some reason, 692 00:31:39,120 --> 00:31:41,840 Speaker 1: I think I'm not obsessed with it, but I am interested. 693 00:31:41,960 --> 00:31:43,600 Speaker 1: I mean, the older we get, the more of a 694 00:31:43,600 --> 00:31:47,120 Speaker 1: reality it becomes. We talked a good bit about that 695 00:31:47,200 --> 00:31:49,160 Speaker 1: on Monday with our friend Jordan's he's a bit of 696 00:31:49,240 --> 00:31:52,320 Speaker 1: hospice doctor for a long time. We saw an article 697 00:31:52,360 --> 00:31:54,120 Speaker 1: this week in the l A Times that talked about 698 00:31:54,120 --> 00:31:58,760 Speaker 1: the fact that Chadwick Boseman how he died without a will, 699 00:31:59,400 --> 00:32:01,480 Speaker 1: and this is you know, it's tragic that Chadwick died 700 00:32:01,520 --> 00:32:04,360 Speaker 1: so young, but hopefully we can all learn a lesson 701 00:32:04,400 --> 00:32:06,680 Speaker 1: from this, because dying without a will is something that 702 00:32:06,720 --> 00:32:11,240 Speaker 1: we want you to avoid because it's severely complicates life 703 00:32:11,520 --> 00:32:13,880 Speaker 1: for your loved ones, uh as they are in a 704 00:32:13,920 --> 00:32:16,320 Speaker 1: state of mourning. Not only that, but then they have 705 00:32:16,400 --> 00:32:19,880 Speaker 1: to deal with the state if your estate is intestate 706 00:32:20,160 --> 00:32:22,400 Speaker 1: got to say. There, you got a state three times 707 00:32:22,400 --> 00:32:25,120 Speaker 1: in a row. And what this means is that basically 708 00:32:25,200 --> 00:32:27,280 Speaker 1: your state, it might not get distributed the way that 709 00:32:27,280 --> 00:32:29,320 Speaker 1: you would like it too. And so if your situation 710 00:32:29,400 --> 00:32:31,880 Speaker 1: is it is complicated. And so what I mean by 711 00:32:31,960 --> 00:32:33,640 Speaker 1: that is, if you've got a lot of assets, if 712 00:32:33,680 --> 00:32:35,880 Speaker 1: you've got a lot of family drama going on, then 713 00:32:35,920 --> 00:32:38,960 Speaker 1: you're gonna likely want to hire a lawyer who specializes 714 00:32:39,320 --> 00:32:41,880 Speaker 1: in wills in the States. But if not, uh, and 715 00:32:41,920 --> 00:32:44,600 Speaker 1: I'm guessing for the vast majority of folks, um you 716 00:32:44,880 --> 00:32:47,280 Speaker 1: probably don't have to do that. And for you, there's 717 00:32:47,280 --> 00:32:49,520 Speaker 1: a site called free will dot com that you need 718 00:32:49,560 --> 00:32:52,280 Speaker 1: to check out. Do your own will dot com. That's 719 00:32:52,320 --> 00:32:55,960 Speaker 1: another highly rated site worth checking out regardless if you 720 00:32:55,960 --> 00:32:58,320 Speaker 1: feel like you're gonna die anytime soon, because chances are 721 00:32:58,360 --> 00:33:01,000 Speaker 1: nobody thinks they're they're gonna die anytime soon. But this 722 00:33:01,080 --> 00:33:02,720 Speaker 1: is something that you need to get on top of. 723 00:33:02,760 --> 00:33:05,080 Speaker 1: I had a vision, Matt, three weeks from today, I'm 724 00:33:05,080 --> 00:33:07,640 Speaker 1: gonna die, So I really need to get on that. 725 00:33:07,880 --> 00:33:10,280 Speaker 1: I'm just kidding, but that's it would be terrible if 726 00:33:10,280 --> 00:33:13,440 Speaker 1: you actually know it's actually that stuff that doesn't come 727 00:33:13,480 --> 00:33:16,200 Speaker 1: to pass but no, I think this is really important. 728 00:33:16,240 --> 00:33:18,760 Speaker 1: And those two sites you mentioned allow you to create 729 00:33:18,800 --> 00:33:22,280 Speaker 1: a will, a state specific will, for free. And that's 730 00:33:22,280 --> 00:33:23,840 Speaker 1: one of the things I think that holds most people 731 00:33:23,960 --> 00:33:25,720 Speaker 1: up from doing it is is they don't want to 732 00:33:25,760 --> 00:33:26,960 Speaker 1: take the time. They don't want to go see a lord, 733 00:33:27,000 --> 00:33:29,120 Speaker 1: they don't want to pay lots of money. And I 734 00:33:29,160 --> 00:33:31,440 Speaker 1: get it, I don't want to do all those things. 735 00:33:31,720 --> 00:33:33,440 Speaker 1: You don't have to do this things most likely, and 736 00:33:33,440 --> 00:33:36,160 Speaker 1: these sites make it easy and basically they charge you 737 00:33:36,240 --> 00:33:39,200 Speaker 1: nothing to get it done, which removes those barriers to entry. 738 00:33:39,240 --> 00:33:40,960 Speaker 1: And now it's like, okay, now you have no excuse 739 00:33:41,000 --> 00:33:44,400 Speaker 1: not to create your will this weekend. Right So um? 740 00:33:44,440 --> 00:33:46,320 Speaker 1: And yeah, when you when you read those stories about 741 00:33:46,600 --> 00:33:48,960 Speaker 1: other people who passed away and the trouble that it 742 00:33:49,000 --> 00:33:52,560 Speaker 1: causes for their families when just some basic due diligence 743 00:33:52,600 --> 00:33:54,840 Speaker 1: creating a will, taking an hour or two of your 744 00:33:54,880 --> 00:33:57,280 Speaker 1: time to make it happen, um, spending none of your 745 00:33:57,280 --> 00:34:00,160 Speaker 1: money even to to do so, it's really were and 746 00:34:00,240 --> 00:34:03,040 Speaker 1: part of thoughtful personal finance planning. So it's a part 747 00:34:03,040 --> 00:34:05,280 Speaker 1: of growing up. Uh huh. So I enjoy your will 748 00:34:05,320 --> 00:34:08,440 Speaker 1: creating this weekend. We'll see you back here on Monday 749 00:34:08,520 --> 00:34:11,120 Speaker 1: for a new batch of listen our questions and yeah, 750 00:34:11,200 --> 00:34:13,160 Speaker 1: we hope you have a great one, Matt. Until next time, 751 00:34:13,520 --> 00:34:15,200 Speaker 1: best friends Out, Best friends Out,