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Speaker 1: Scrubbing In with Becca Tilly and Tanya n An iHeartRadio podcast.

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Speaker 1: Hello everyone, we are scrubbing in. We are songs Becca today.

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Speaker 1: But it is no problem because we have a very

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Speaker 1: special guest that I'm so excited to talk to. His

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Speaker 1: name is Jason Tarctic, and actually he's in today because

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Speaker 1: of you the Scrubbers. So I'd brought up an article

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Speaker 1: that I'd found of his the other day on the podcast,

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Speaker 1: and it's about talking about money and finances with your

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Speaker 1: partner inside your relationship. And Jason Tartick has a podcast

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Speaker 1: called Trading Secrets. He also is just a financial expert.

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Speaker 1: He's an entrepreneur and he created OR. He has a

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Speaker 1: new book coming out called Talk Money to Me, The

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Speaker 1: Eight Essential Financial Questions to Discuss with your Partner. It's

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Speaker 1: coming out April second. And so we have Jason Tartik

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Speaker 1: here today to talk about love, finances and all the things.

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Speaker 1: So please welcome Jason Tartick. Wow, Jason Tarctic scrubbing into

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Speaker 1: the Or.

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Speaker 2: This is an honor you guys.

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Speaker 3: I'll tell you what your fans are deep and committed,

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Speaker 3: because I think there was one time you guys had

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Speaker 3: mentioned something about a finance podcast, and my dms were

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Speaker 3: flooded with your fans. Like they're talking about money, they're

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Speaker 3: talking about finance. You got a DMM, you.

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Speaker 2: Got a DS.

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Speaker 1: Okay, So no, it wasn't. I thank you. First of all,

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Speaker 1: our scrubbers are very loyal. They're amazing and they are

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Speaker 1: they're really like the cream of the crop when it

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Speaker 1: comes to like humanity. But that aside, I wasn't just

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Speaker 1: talking about finance. I was talking about you in particular.

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Speaker 1: Oh nice, because I saw this article I think it

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Speaker 1: was uh I'm not sure exactly where it was printed,

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Speaker 1: but it was all about you and talking about finances

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Speaker 1: with your significant other. Okay, yes, And I am such

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Speaker 1: a big advocate for that, and like I talk about

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Speaker 1: it all the time because I think it's something that

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Speaker 1: women don't necessarily talk about. People aren't comfortable talking about it,

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Speaker 1: and I think it's so it's a fundamental thing in

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Speaker 1: a relationship to discuss and be on the same page with. Yeah,

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Speaker 1: and so I talked about all the times. So I

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Speaker 1: was bringing up this article that you had heard that

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Speaker 1: you were in and kind of going through all these things.

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Speaker 1: So I definitely want to I'm glad that you DMD

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Speaker 1: us because I wanted to have you in and like

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Speaker 1: really get into your new book and really kind of

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Speaker 1: get into the nitty gritty of that because I think

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Speaker 1: there's so much to learn. But before we get into

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Speaker 1: the book and everything, I want to catch up.

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Speaker 2: Because I was getting excited. I was like, we'll get

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Speaker 2: right into it, but let's go.

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Speaker 1: I want to catch up because it's been a really

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Speaker 1: long time. I know, in an alternate universe, yes, we

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Speaker 1: could be married.

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Speaker 2: I know. I was wondering to bring this up.

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Speaker 1: I think it's so funny because I feel I obviously

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Speaker 1: this was we figured I was twenty eighteen, yes, and

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Speaker 1: we've come a long way. I really just adore you

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Speaker 1: as a as a person. I've always been like a

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Speaker 1: big fan of yours, and so I'm just it feels

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Speaker 1: really nice to like have you on the podcast and

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Speaker 1: like us do it. Yeah, Easton, there we go.

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Speaker 3: Oh that's I got some behind the scene you know

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Speaker 3: something I've never told I answered behind the scenes dirt

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Speaker 3: on that interview. What Yeah, okay, so this is good. Yeah,

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Speaker 3: I forgot about this. So when you know how they

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Speaker 3: like kind of like set it up, like Ryan was

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Speaker 3: gonna ask you and I to go on date.

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Speaker 1: Yeah.

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Speaker 3: Well I was told by someone like behind the scenes,

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Speaker 3: like you don't know what's it, you don't know what's next,

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Speaker 3: so don't like they told me to like deflect and

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Speaker 3: kick hunter. I swear to god, I swear I've never

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Speaker 3: told about like, hey, we don't know, like you know,

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Speaker 3: there's some talks about what's going on, and like it

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Speaker 3: was someone that was like deflected, kick like, don't don't

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Speaker 3: accept the date, I swear to god. So I was like,

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Speaker 3: and they told me that as I walked in, and

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Speaker 3: I'm like, what, you're probably well, I didn't know how

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Speaker 3: to like deal.

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Speaker 2: I was like what did I say? What did I say? Well,

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Speaker 2: you're going back to seat. I was like okay, it's

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Speaker 2: like I'm going back to work. Yeah. So Ryan was like,

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Speaker 2: I'll have you guys go on a date tomorrow. It'll

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Speaker 2: be great. And I was like, ah, I guess I

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Speaker 2: gotta go to see from work.

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Speaker 1: I guess I guess I gotta go.

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Speaker 2: That is very very funny.

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Speaker 3: It's so funny, but you know what, it's all good

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Speaker 3: stuff and congratulate thank you so much. I've met your

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Speaker 3: now fiance. Such a beauty. Yeah, such a great guy.

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Speaker 2: He is.

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Speaker 1: He's just like salt of the earth, like a really

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Speaker 1: really good guy.

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Speaker 3: And meet someone and like you can instantly feel like

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Speaker 3: just good, like clean energy.

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Speaker 2: Yes, instinct. Yeah, that's a good guy.

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Speaker 1: And he's not in the industry, but he can just

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Speaker 1: be around everybody and it's like very chill and so

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Speaker 1: I really like that about him because he just can

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Speaker 1: connect with people in a very normal way.

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Speaker 2: Yeah, totally.

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Speaker 1: But I feel that same way about you, Like I

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Speaker 1: feel like you have that energy that's just like good,

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Speaker 1: especially like I think coming off of like reality TV,

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Speaker 1: there is this like stigma, but I feel like you

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Speaker 1: really are just like you are who you are. You're

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Speaker 1: very genuine assault of the earth.

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Speaker 3: That's really nice you say that, But I'm thinking, like

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Speaker 3: when you say that, what is it? I think it's

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Speaker 3: I think my family and friends just keep me so

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Speaker 3: grounded with everything, right, Like they check me with anything

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Speaker 3: from personal issues to professional things. What the hell are

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Speaker 3: you doing here? What do you say in here? And

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Speaker 3: I actually think that's like a huge life lesson. It's

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Speaker 3: like making sure the people in your corner are not

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Speaker 3: an echo chamber. You need to be held accountable by

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Speaker 3: the people you love in the door, and when they

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Speaker 3: give you that feedback, you have to be willing to listen.

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Speaker 2: Yeah, and I think that's been that's been huge.

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Speaker 1: So okay, so I want to pivot into kind of

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Speaker 1: I think the article that I found it was you

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Speaker 1: kind of discussing things. Obviously you were engaged to Caitlin.

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Speaker 1: That engagement ended and I'm really sorry. Yeah, and no, no

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Speaker 1: matter what goes on behind the scenes, it sucks for

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Speaker 1: both people involved. So I'm just wanting I'm really really sorry.

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Speaker 2: Yeah, for sure.

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Speaker 1: But one thing I wanted to get into was something

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Speaker 1: that you mentioned in the book Talk Money to Me,

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Speaker 1: and it's in the investment that you guys made in

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Speaker 1: your dogs.

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Speaker 2: Yeah.

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Speaker 1: Making an investment in sharing something that you know before

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Speaker 1: you are married is very interesting because then you break

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Speaker 1: up and like, what do you do with the dogs?

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Speaker 1: I'm very curious of your situation how you split the time.

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Speaker 3: Yeah, okay, So to give some background here forone listening.

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Speaker 3: So the books Talk Money to Me in the first

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Speaker 3: two chains are all about things like I screwed up

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Speaker 3: and I talk about some of my you know, my resume,

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Speaker 3: just to build credibility in the finance space to say

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Speaker 3: he listen, like if I'm doing it, you know, maybe

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Speaker 3: others are doing it too. And so you know, I

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Speaker 3: was a banker, NBA and accounting and finance, own several

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Speaker 3: businesses stuff like that, So this is like I'm a

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Speaker 3: personal finance expert, at least I tell myself I am.

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Speaker 2: And I still missed a lot of this.

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Speaker 3: So that's kind of like the first two chapters, and

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Speaker 3: in these chapters, I talk about the.

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Speaker 1: Fact that it's not The thing is finance isn't like sexy.

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Speaker 1: You know, when you start dating someone, you don't really

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Speaker 1: bring it up, You don't really think to bring it up,

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Speaker 1: and then it's like you're so far in, yeah, that

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Speaker 1: you're just in, and then you kind of don't realize

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Speaker 1: that you didn't really cover all the bases. So it's like,

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Speaker 1: I wouldn't be so hard on yourself because it's like

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Speaker 1: you are this financial guy, but it's it makes sense

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Speaker 1: that you didn't bring it into your relationship.

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Speaker 3: It's it's not sexy. It's quite frankly hard to talk about. Yeah,

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Speaker 3: most of us don't even know what to talk about

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Speaker 3: because we weren't taught it in our system. So imagine

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Speaker 3: you have to talk about something that we know has

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Speaker 3: a very deep tie to success relationships and even has

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Speaker 3: a connection to intimacy. So, and I promise I'm going

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Speaker 3: to answer the doc question. But seventy three percent of

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Speaker 3: couples say that money is a material point of contention

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Speaker 3: in the relationship. Of this study, more than half of

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Speaker 3: them said that the money issues are connecting to decreased intimacy.

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Speaker 2: So these money topics.

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Speaker 3: Are not only impacting like our wallets and how we're

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Speaker 3: living in our arguments, they're impacting our physical intimacy within

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Speaker 3: our relationship. So it's such a huge topic. It's what

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Speaker 3: I'm passionate about, and I could talk all day.

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Speaker 1: I could too, because I also think that the way

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Speaker 1: that you handle your finances as an individual is one thing,

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Speaker 1: but then you're never going to find another individual that

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Speaker 1: handles finances the exact same ways. We're individuals for reason,

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Speaker 1: you know. So it's like learning how somebody else deals

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Speaker 1: with their financial situations and then kind of compromising, coming

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Speaker 1: to like a middle ground because it's just impossible, you

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Speaker 1: know what I mean, to find someone that's exactly on

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Speaker 1: the same page as you.

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Speaker 2: Impossible, which means it's even that much more important.

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Speaker 3: We're talking about that you know it's a huge ass

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Speaker 3: we know it's weaponized, we know it's leveraged, we know

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Speaker 3: there's massive financial deception. Forty three percent of all relationships

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Speaker 3: at least one person is committing what's called financial infidelity.

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Speaker 3: So that's like cheating and manipulation through money. So we

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Speaker 3: know that there are all sorts of issues with it.

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Speaker 3: So the overarching theme of like, we don't have a choice.

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Speaker 3: You want to get comfortable. We need to get comfortable.

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Speaker 3: And then I'll even tie it back to your question

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Speaker 3: with the dog. So you know, it's so hard to

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Speaker 3: think about these like fur babies you're obsessed with as

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Speaker 3: an asset, but a lot of things with finance you

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Speaker 3: don't think about. It is like contracts or assets, but

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Speaker 3: they are. According to law, a dog is an actual asset, right,

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Speaker 3: So the idea is when you get a joint asset,

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Speaker 3: you got to have some type of contract in place,

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Speaker 3: even if it's like super high level you go to

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Speaker 3: legal zoom, you just.

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Speaker 2: Draft it up yourself.

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Speaker 3: The idea of like coming up with what happens today,

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Speaker 3: what do we do with expenses?

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Speaker 2: And if tomorrow doesn't work out, what does it look like?

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Speaker 3: Yeah, is so preventive and so important that also to

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Speaker 3: like post nups and pre nups, and with both the dogs,

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Speaker 3: we didn't have any type of contracts and you can

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Speaker 3: imagine though, yes there's handshake agreements, but then when things

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Speaker 3: get ruffled a little bit, you know, that can change

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Speaker 3: the tide too. So the importance whether it's with dogs, assets,

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Speaker 3: et cetera, is huge, and so in this book too. Unfortunately,

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Speaker 3: we learn from just massive mistakes. Yeah, so I put

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Speaker 3: a survey out there on my Instagram. I was like,

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Speaker 3: if you know someone who's experienced financial fraud in a

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Speaker 3: relationship or a loved one, shoot me the story, send

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Speaker 3: me an email.

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Speaker 2: We got over a thousand emails.

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Speaker 3: Thought like, I've never put anything on Instagram that's gotten

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Speaker 3: that much response.

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Speaker 1: Wow.

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Speaker 3: And the stories I couldn't believe them. But one specific

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Speaker 3: in this book, she went by Jane Doek. She wanted

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Speaker 3: to be anonymous, but she gets married to this guy quickly.

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Speaker 3: She doesn't have the income he does, but he says

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Speaker 3: his credit is bad, so she takes out the mortgage

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Speaker 3: and then he puts his name on the deed with

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Speaker 3: her because he said he'll venmo her. Okay, so the

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Speaker 3: mortgage in her name and the deed, they both have

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Speaker 3: ownership of the house.

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Speaker 2: The day they close.

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Speaker 3: Irs sends a letter the Irs owns the entire house

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Speaker 3: because he has back taxes he owed. They end up

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Speaker 3: getting divorced. She and her new husband had to pay

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Speaker 3: off all of his back taxes to get ownership of

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Speaker 3: their house, and she lost over one hundred thousand dollars.

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Speaker 3: And this is someone who had earnings of fifty five

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Speaker 3: thousand dollars. So this is the stuff that's happening day

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Speaker 3: in and day out, and like, we have to protect ourselves.

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Speaker 2: We have to.

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Speaker 1: I know, it's crazy, so crazy, but I remember before

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Speaker 1: my fiance and I were engaged, we got our puppy together,

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Speaker 1: and a lot of people were telling me, like, this

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Speaker 1: is a mistake. You shouldn't do that before you're married,

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Speaker 1: you know, like this is what happens if you guys

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Speaker 1: break up, like who gets the dog? And I was

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Speaker 1: like me, of course, but like, but I never thought

246
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Speaker 1: of it in that way, you know what I mean,

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Speaker 1: Like because you're when you're in a relationship, you don't

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Speaker 1: think about it ending, and then but it is like

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Speaker 1: it's like and I also think too, not even just

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Speaker 1: like custody of the dog, but also like finances, what

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Speaker 1: if they need surgery, Who's going to pay for the surgery?

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Speaker 1: What if they need like you know, all this stuff

253
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Speaker 1: that they needed the vet, you know, like where does

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Speaker 1: that go? Is it just whoever's there with that day

255
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Speaker 1: that that's to take care of it? You know, like

256
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Speaker 1: there's all this stuff that kind of comes into play.

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Speaker 3: Oh, so many things that come into play with that.

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Speaker 3: And the idea of like thinking about breaking up and

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Speaker 3: the idea of think about like who gets the pet

260
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Speaker 3: and how it works. It's like so hard, especially with

261
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Speaker 3: the pet like that. But it also I had to

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Speaker 3: say this, there's this massive business behind it.

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Speaker 2: How do I know?

264
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Speaker 3: Because when we broke up, I had to think through this.

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Speaker 3: So I started calling people and I see there are

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Speaker 3: many attorneys out there all over the country that literally

267
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Speaker 3: make their entire careers in living of dog ownership, custody battles.

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Speaker 2: That is like, this is a massive thing.

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Speaker 3: So if you think about that, And I also want

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Speaker 3: to make sure it's very clear, like by accident, I

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Speaker 3: have a great situation right now, we're in agreement, we're

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Speaker 3: in lockstep. We actually had a joint account for the

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Speaker 3: dogs we both funded that we used for the dogs.

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Speaker 2: So like it all worked out.

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Speaker 3: But this type of example also leads to pre numps

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Speaker 3: and post nups.

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Speaker 1: Yeah, are you a fan, huge fanky.

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Speaker 2: Huge fan.

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Speaker 3: And one thing I want to say I'm a huge

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Speaker 3: fan of is because of what you said, protection of

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Speaker 3: some of Like we know that in higher household incomes,

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Speaker 3: according to research today, it's seventy percent of the men

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Speaker 3: that are taking control of the finances. We also know

284
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Speaker 3: that women are out living men. We also know that

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Speaker 3: the wage gap is closing and I think it's going

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Speaker 3: to turn. So the importance of your message to be

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Speaker 3: like we as like new thought leaders and women in

288
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Speaker 3: leadership need to own this, take responsibility of this and

289
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Speaker 3: have visibility to it is so so important. And this

290
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Speaker 3: ties into post nups at pre nups for pre nups.

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Speaker 2: Here's my take.

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Speaker 3: Every single state, anybody that's married right now, you have

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Speaker 3: a pre nup. Okay, People are like, no, I don't know,

294
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Speaker 3: I don't know.

295
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Speaker 2: You do.

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Speaker 3: Your state law is a prenup California law. It's different

297
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Speaker 3: than Florida, different than New York, different Tennessee. They're all

298
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Speaker 3: customized state by state. So the only question is do

299
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Speaker 3: you want to look at those laws and then customize

300
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Speaker 3: them to your situation because everyone's situation is different. We

301
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Speaker 3: already talked about that, so you have the opportunity to

302
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Speaker 3: do that now if you're married and you haven't done that.

303
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Speaker 3: This is why I think postnups are huge. Think about

304
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Speaker 3: a caretaker, Think about their career track. They now stay

305
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Speaker 3: at home. They're forgiving potentially huge income earnings, acceleration within

306
00:13:22,160 --> 00:13:26,040
Speaker 3: their career and their own money. What happens if there's

307
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Speaker 3: a divorce after the marriage and they're not protected even

308
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Speaker 3: though they provided so much value to their family, but

309
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Speaker 3: they don't have that income source anymore. They don't have

310
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Speaker 3: the senior vice president title because they're not the caregiver.

311
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Speaker 3: So post ups can help protect individuals that are giving

312
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Speaker 3: to their family but maybe not earning. And so I'm

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Speaker 3: just a huge fan of because it forces us to

314
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Speaker 3: have these conversations. And we know historically fifty percent of

315
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Speaker 3: relationships unfortunately don't work out, So why not protect ourselves

316
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Speaker 3: so dark, I know it's sad, it's harrd to get there.

317
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Speaker 2: You got this.

318
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Speaker 1: At what point do you think it's important when you

319
00:14:21,640 --> 00:14:24,280
Speaker 1: start dating somebody to bring up these questions like what's

320
00:14:24,320 --> 00:14:26,800
Speaker 1: your credit score, what's your income? Like at what point?

321
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Speaker 1: And then how would you kind of bring it up

322
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Speaker 1: on a date where it's not so intense.

323
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Speaker 2: Yeah, it's like first day, you're not going to be

324
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Speaker 2: like what's you're not worth?

325
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Speaker 3: Right?

326
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Speaker 2: Like? That's so I was. I was second secondary actually,

327
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Speaker 2: but I was. It was.

328
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Speaker 1: It was definitely one of the early ones where I

329
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Speaker 1: was like, talk money to me.

330
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Speaker 2: I love it. I'm going to answer the question.

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Speaker 3: I have a I have a question for you though,

332
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Speaker 3: when you had those conversations, what was like the intention

333
00:14:53,000 --> 00:14:55,560
Speaker 3: behind it, Like what made you say, like day one,

334
00:14:55,640 --> 00:14:57,560
Speaker 3: day two, because this is rare and it's beautiful.

335
00:14:58,080 --> 00:14:59,880
Speaker 2: What was some of your thought process behind it?

336
00:15:00,200 --> 00:15:03,920
Speaker 1: I think for me, I've always been very uh I say,

337
00:15:03,960 --> 00:15:06,680
Speaker 1: I'm gonna say careful, but like smart with my money.

338
00:15:06,840 --> 00:15:09,360
Speaker 1: I've not I don't spend a ton. I'm not against

339
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Speaker 1: anybody that spends a ton. I don't judge, but like,

340
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Speaker 1: I'm very intentional about my finances. I also want to

341
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Speaker 1: have a security like thing in place. So, and I

342
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Speaker 1: dated a ton as you as you know you're trying

343
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Speaker 1: to try to send me. I was dating a lot

344
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Speaker 1: of men and I felt like they're like men. A

345
00:15:27,920 --> 00:15:29,960
Speaker 1: lot of men are kind of like you think men

346
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Speaker 1: have finance all figured out, a lot of them do not.

347
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Speaker 1: And so I was learning that that, like a lot

348
00:15:35,240 --> 00:15:37,600
Speaker 1: of men have no freaking clue what they're doing. And

349
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Speaker 1: so I was like, Okay, I'm not I just don't

350
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Speaker 1: want to end up like again, I'm not sitting here

351
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Speaker 1: saying I know exactly what I'm doing and I'm really

352
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Speaker 1: good with all this financial stuff, but I'm I think

353
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Speaker 1: I'm a little bit more than the norm. So I

354
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Speaker 1: was like, I want somebody that's kind of at my

355
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Speaker 1: level in this kind of sense. And also, my fiance

356
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Speaker 1: had two kids and I'd gone through a divorce, so

357
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Speaker 1: I was just like I need to know kind of

358
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Speaker 1: what that situation is, you know. I just wanted to

359
00:16:02,680 --> 00:16:05,240
Speaker 1: like know what was going on before I was like

360
00:16:05,480 --> 00:16:06,040
Speaker 1: too deep in.

361
00:16:06,280 --> 00:16:08,080
Speaker 2: Yeah, it's so important.

362
00:16:08,080 --> 00:16:10,040
Speaker 3: I think one thing that's big is like, for anyone

363
00:16:10,080 --> 00:16:12,800
Speaker 3: out there that's having financial challenges, like your net worth

364
00:16:12,880 --> 00:16:15,440
Speaker 3: is not your self worth, right, And the idea is like,

365
00:16:15,480 --> 00:16:19,840
Speaker 3: when you have these conversations, never let anyone shame you,

366
00:16:19,920 --> 00:16:22,400
Speaker 3: because having the conversation is the hardest thing to do.

367
00:16:22,800 --> 00:16:25,680
Speaker 3: Most people in relationships. We talk about red flags all

368
00:16:25,680 --> 00:16:29,240
Speaker 3: the time, gas lighting, manipulation, lying, right. The problem with

369
00:16:29,320 --> 00:16:31,840
Speaker 3: the finance talk is we all bury our flag so

370
00:16:31,880 --> 00:16:34,000
Speaker 3: we can't even see them. Yeah, So if you're even

371
00:16:34,080 --> 00:16:36,280
Speaker 3: showing your red flag when it comes to finance, like,

372
00:16:36,360 --> 00:16:38,920
Speaker 3: hats off to you, because every person in here in

373
00:16:38,960 --> 00:16:42,360
Speaker 3: some capacity can improve their finances at some level. So yeah,

374
00:16:42,560 --> 00:16:45,040
Speaker 3: first and foremost, that's that when it comes to the credit,

375
00:16:45,160 --> 00:16:47,760
Speaker 3: it's a huge point because you can look at someone

376
00:16:47,760 --> 00:16:50,560
Speaker 3: with like a six hundred to seven, like under six

377
00:16:50,720 --> 00:16:52,720
Speaker 3: twenty credit score and someone that is a seven to

378
00:16:52,800 --> 00:16:55,800
Speaker 3: sixty credit score and for the same house three hundred

379
00:16:55,840 --> 00:16:58,920
Speaker 3: thousand dollars mortgage thirty years, the person with a seven

380
00:16:59,200 --> 00:17:01,280
Speaker 3: sixty year above is going to pay one hundred and

381
00:17:01,280 --> 00:17:04,639
Speaker 3: ten thousand dollars less an interest over thirty years for

382
00:17:04,720 --> 00:17:08,359
Speaker 3: the same exact asset. So you think about what that means. Yeah,

383
00:17:08,400 --> 00:17:10,600
Speaker 3: and if you have less than a six twenty, it

384
00:17:10,640 --> 00:17:12,440
Speaker 3: doesn't mean you shouldn't be dating someone that has a

385
00:17:12,440 --> 00:17:13,000
Speaker 3: seven hundred.

386
00:17:13,760 --> 00:17:15,760
Speaker 2: Talk about it. She can get on the same page.

387
00:17:16,240 --> 00:17:19,439
Speaker 3: Another example in this book that's eye opening, and I

388
00:17:19,440 --> 00:17:21,359
Speaker 3: looked at all the financials to make sure it was true.

389
00:17:21,359 --> 00:17:23,200
Speaker 3: Before I put in I have a buddy owns a

390
00:17:23,240 --> 00:17:27,280
Speaker 3: car dealership. Okay, guy comes in, perfect credit score and

391
00:17:27,320 --> 00:17:29,920
Speaker 3: he buys one hundred and fifty thousand dollars g Wagon.

392
00:17:30,160 --> 00:17:33,359
Speaker 3: He gets a two percent interest rate. A girl comes

393
00:17:33,400 --> 00:17:36,439
Speaker 3: in that same day and buys a Toyota Corolla for

394
00:17:36,480 --> 00:17:40,880
Speaker 3: twenty one thousand dollars. Her credit was buried because other

395
00:17:41,000 --> 00:17:44,240
Speaker 3: people used her good credit at one point co signed

396
00:17:44,280 --> 00:17:46,320
Speaker 3: when she didn't know and their credit went bad, so

397
00:17:46,359 --> 00:17:48,760
Speaker 3: her credit was less than six hundred. So you have

398
00:17:48,800 --> 00:17:51,399
Speaker 3: one guy one hundred and fifty k g Wagon, his

399
00:17:51,440 --> 00:17:54,359
Speaker 3: monthly payments around twenty one hundred dollars twenty one thousand

400
00:17:54,400 --> 00:17:58,320
Speaker 3: dollars Toyota Corolla, terrible credit. Because of that, the insurance

401
00:17:58,359 --> 00:18:02,480
Speaker 3: monthly went up signific Her monthly payment for the twenty

402
00:18:02,480 --> 00:18:06,080
Speaker 3: one thousand dollars Toylet Corolla was more than the G Wagon. Yeah,

403
00:18:06,080 --> 00:18:08,640
Speaker 3: and the dealer showed me this right. So the impact

404
00:18:08,680 --> 00:18:11,840
Speaker 3: of credit is huge on what we pay over time,

405
00:18:12,000 --> 00:18:14,919
Speaker 3: and the visibility to this stuff is important so that

406
00:18:14,960 --> 00:18:17,520
Speaker 3: we can help one another improve it. But it goes

407
00:18:17,560 --> 00:18:19,640
Speaker 3: back to your question. A lot of people aren't gonna

408
00:18:19,640 --> 00:18:21,680
Speaker 3: step into this. So in the book, I have ten

409
00:18:21,800 --> 00:18:24,000
Speaker 3: questions that you can go on your first date and

410
00:18:24,080 --> 00:18:27,280
Speaker 3: have fun with money discussions because money is usually like itcky,

411
00:18:27,320 --> 00:18:29,159
Speaker 3: weird and we want to run from it. So like

412
00:18:29,280 --> 00:18:30,480
Speaker 3: a good one would be like you go on a

413
00:18:30,480 --> 00:18:32,520
Speaker 3: first date. You know, if you win a million dollars

414
00:18:32,520 --> 00:18:35,080
Speaker 3: today and you have to spend every dollar, like where

415
00:18:35,119 --> 00:18:35,880
Speaker 3: are you spending it?

416
00:18:35,960 --> 00:18:38,000
Speaker 2: How are you spending it? And why.

417
00:18:38,320 --> 00:18:40,159
Speaker 3: It's a fun one because it's like get a creative

418
00:18:40,160 --> 00:18:42,440
Speaker 3: and it also tells me about your patterns, like it's

419
00:18:42,480 --> 00:18:43,119
Speaker 3: important to you?

420
00:18:43,200 --> 00:18:44,080
Speaker 2: Is it like an exact.

421
00:18:46,680 --> 00:18:49,080
Speaker 1: Book, a trip? I'm gonna invest it?

422
00:18:49,160 --> 00:18:51,680
Speaker 2: And then like yeah, or is it a mom and dad?

423
00:18:51,800 --> 00:18:54,280
Speaker 3: So you can learn and have conversation. Another fun one

424
00:18:54,359 --> 00:18:56,920
Speaker 3: is like, unless you go broke today, what is one thing?

425
00:18:57,000 --> 00:19:00,080
Speaker 3: Like you know, Donnie, you overspend on, but like what

426
00:19:00,200 --> 00:19:01,920
Speaker 3: is it? And why do you spend it on that?

427
00:19:02,480 --> 00:19:03,040
Speaker 2: Or like in the.

428
00:19:03,080 --> 00:19:05,680
Speaker 3: Last year, what's the most outrageous purchase you made?

429
00:19:05,720 --> 00:19:06,360
Speaker 2: In what was it?

430
00:19:06,440 --> 00:19:08,600
Speaker 3: You could start to learn about people's behaviors and have

431
00:19:08,680 --> 00:19:10,960
Speaker 3: fun with it. Yeah, and then I think from there

432
00:19:11,160 --> 00:19:14,040
Speaker 3: you can get further into the conversation. I have a

433
00:19:14,080 --> 00:19:17,040
Speaker 3: fun little stupid cheesy saying that's like if you can

434
00:19:17,119 --> 00:19:19,679
Speaker 3: have sex, you can start talking about checks, like at

435
00:19:19,760 --> 00:19:22,919
Speaker 3: least to have the conversation going. But I think like

436
00:19:22,960 --> 00:19:26,600
Speaker 3: the absolute golden rule is like you cannot go and

437
00:19:26,640 --> 00:19:30,080
Speaker 3: cohabitate with someone until you know the eight numbers that

438
00:19:30,080 --> 00:19:31,879
Speaker 3: we talk about in this book. If you want to

439
00:19:31,880 --> 00:19:33,320
Speaker 3: set yourself up for success.

440
00:19:33,440 --> 00:19:35,840
Speaker 1: Yeah, it's so true because like I was reading through

441
00:19:36,119 --> 00:19:37,760
Speaker 1: kind of your book and the things that you say

442
00:19:37,760 --> 00:19:40,440
Speaker 1: to like find out about early on. And it's funny

443
00:19:40,440 --> 00:19:42,520
Speaker 1: because I'm like I talk with my fance about money

444
00:19:42,520 --> 00:19:44,240
Speaker 1: a lot, but I didn't even know his credit score

445
00:19:44,320 --> 00:19:47,120
Speaker 1: until like recently. It didn't even like cross my mind,

446
00:19:47,160 --> 00:19:48,560
Speaker 1: you know what I mean. But then like we talk

447
00:19:48,600 --> 00:19:50,919
Speaker 1: about finances a lot, and like as we're trying to

448
00:19:51,240 --> 00:19:53,680
Speaker 1: you know, get married and like merge siding, I think

449
00:19:53,720 --> 00:19:57,920
Speaker 1: also to deciding if you want to keep your finances

450
00:19:57,960 --> 00:20:00,280
Speaker 1: separate or keep something separate and do a joint thing,

451
00:20:00,359 --> 00:20:02,040
Speaker 1: or if you just all all both want to just

452
00:20:02,080 --> 00:20:04,240
Speaker 1: make a joint thing and kind of go from there.

453
00:20:04,280 --> 00:20:06,600
Speaker 1: It's like everybody does things a different way. And like

454
00:20:06,640 --> 00:20:08,720
Speaker 1: I talk to a lot of I talk to a

455
00:20:08,720 --> 00:20:12,119
Speaker 1: lot of other women who are in households, you know,

456
00:20:12,800 --> 00:20:15,280
Speaker 1: where there's other children, involved, you know, like step kids

457
00:20:15,320 --> 00:20:18,760
Speaker 1: and how that financial situation works, and it's like everybody

458
00:20:18,960 --> 00:20:21,040
Speaker 1: deals with stuff in a different way, and so it's

459
00:20:21,080 --> 00:20:23,600
Speaker 1: I think it's important because there's not You can't sit

460
00:20:23,640 --> 00:20:25,639
Speaker 1: here and say there's one way that everybody has to

461
00:20:25,640 --> 00:20:28,560
Speaker 1: do it. Everybody's circumstances are different. But I think having

462
00:20:28,600 --> 00:20:32,760
Speaker 1: the conversation is so, so so important. And I just

463
00:20:32,840 --> 00:20:35,520
Speaker 1: I love this book because I feel like it is

464
00:20:36,040 --> 00:20:40,040
Speaker 1: it's I don't know, I've never really seen anything like it.

465
00:20:40,440 --> 00:20:42,919
Speaker 3: Yeah, I think there's so many like self help books

466
00:20:42,960 --> 00:20:45,479
Speaker 3: with love, and there's so many with money, but like

467
00:20:45,600 --> 00:20:48,719
Speaker 3: marrying the two, there's not much out there. And like

468
00:20:48,760 --> 00:20:50,959
Speaker 3: you said, there are so many people in the personal

469
00:20:51,000 --> 00:20:53,760
Speaker 3: finance space that have these like cookie cutter solutions. There

470
00:20:53,800 --> 00:20:56,520
Speaker 3: is nothing cookie cutter in finance, absolutely not. And I

471
00:20:56,560 --> 00:20:58,600
Speaker 3: always like to take like if we talk about all

472
00:20:58,600 --> 00:21:00,800
Speaker 3: these different investments and mutual fun and ETFs and I

473
00:21:00,800 --> 00:21:02,040
Speaker 3: bore you with that or lose you with that, I

474
00:21:02,119 --> 00:21:04,120
Speaker 3: like to bring it down to analogies we know, think

475
00:21:04,160 --> 00:21:06,600
Speaker 3: about like you go into a grocery store, and then

476
00:21:06,680 --> 00:21:09,600
Speaker 3: your average grocery store is through thirty nine thousand, five

477
00:21:09,720 --> 00:21:10,760
Speaker 3: hundred items.

478
00:21:10,480 --> 00:21:11,359
Speaker 2: In a grocery store.

479
00:21:11,840 --> 00:21:14,520
Speaker 3: You, yours cart's gonna be looking different than mine than his,

480
00:21:14,760 --> 00:21:16,960
Speaker 3: based on your occasion, what you need, the price points,

481
00:21:17,000 --> 00:21:19,640
Speaker 3: et cetera. That's like picking out investments. So if I'm

482
00:21:19,640 --> 00:21:21,159
Speaker 3: going to tell you what investments you should be in,

483
00:21:21,600 --> 00:21:23,680
Speaker 3: it's so it's like me telling you exactly what should

484
00:21:23,680 --> 00:21:25,800
Speaker 3: be in your cart with thirty nine thousand, five hundred

485
00:21:25,920 --> 00:21:26,680
Speaker 3: different items.

486
00:21:26,680 --> 00:21:28,679
Speaker 2: Like I have to know so much more about you.

487
00:21:28,880 --> 00:21:31,200
Speaker 3: Yeah, And I think, like even think about our wine

488
00:21:31,240 --> 00:21:33,240
Speaker 3: drinkers back there. I'm sure there's a ton of those

489
00:21:33,280 --> 00:21:35,960
Speaker 3: listening to this. Right, you don't have to be the Somalia.

490
00:21:36,000 --> 00:21:38,360
Speaker 3: You don't have to know everything about wine. But when

491
00:21:38,359 --> 00:21:40,640
Speaker 3: it comes to money, like kind of like when you're

492
00:21:40,680 --> 00:21:43,159
Speaker 3: going to buy a bottle, you gotta know a little bit, right,

493
00:21:43,200 --> 00:21:45,200
Speaker 3: You gotta know that, like Organ's got good pinos and

494
00:21:45,280 --> 00:21:47,800
Speaker 3: Napa's got good cabs. And I think that's the thing

495
00:21:47,840 --> 00:21:51,160
Speaker 3: with finances. It's boring. We weren't taught it in our system,

496
00:21:51,280 --> 00:21:53,399
Speaker 3: and so we run from it. But I come on

497
00:21:53,480 --> 00:21:55,840
Speaker 3: here not to be an alarmist, but to just be like,

498
00:21:56,200 --> 00:21:58,640
Speaker 3: we know what we're doing when it comes to love

499
00:21:58,680 --> 00:21:59,919
Speaker 3: and money and talking about it.

500
00:22:00,080 --> 00:22:00,879
Speaker 2: We know today.

501
00:22:00,880 --> 00:22:04,040
Speaker 3: It's not working. It's not all these statistics show us.

502
00:22:04,320 --> 00:22:06,160
Speaker 3: So like, let's step into it a little bit because

503
00:22:06,160 --> 00:22:07,720
Speaker 3: it's impacting so much.

504
00:22:07,560 --> 00:22:08,159
Speaker 2: Of our lives.

505
00:22:08,320 --> 00:22:12,480
Speaker 1: Yeah. Yeah, I'm curious because you said that you and

506
00:22:12,560 --> 00:22:16,400
Speaker 1: Caitlin didn't discuss all these things before you got engaged.

507
00:22:16,680 --> 00:22:19,119
Speaker 1: Do you think if you guys had gone like forensic

508
00:22:19,160 --> 00:22:20,960
Speaker 1: on this that it could have worked out or was

509
00:22:21,000 --> 00:22:22,080
Speaker 1: it just other stuff too?

510
00:22:22,240 --> 00:22:22,440
Speaker 2: Yeah?

511
00:22:22,480 --> 00:22:25,320
Speaker 3: I think I wouldn't point the finger at that, but

512
00:22:25,320 --> 00:22:28,480
Speaker 3: what I would tell you is this is that for sure,

513
00:22:28,600 --> 00:22:33,240
Speaker 3: because certain conversations weren't had it left an area for gray,

514
00:22:33,720 --> 00:22:36,800
Speaker 3: and then that gray was left to interpretation, and then

515
00:22:36,880 --> 00:22:40,040
Speaker 3: as a result of that, resentment was built. And two

516
00:22:40,080 --> 00:22:42,920
Speaker 3: good people had two different perspectives that couldn't meet in

517
00:22:42,960 --> 00:22:45,880
Speaker 3: the middle on certain things. And so this is now

518
00:22:45,920 --> 00:22:49,760
Speaker 3: going into more like therapy than actually finance. But financial

519
00:22:49,760 --> 00:22:52,560
Speaker 3: circumstances build resentment, and we all know in the therapy

520
00:22:52,600 --> 00:22:55,960
Speaker 3: world like resentment leads to massive issues within relationships. It's

521
00:22:56,000 --> 00:22:58,760
Speaker 3: like baby paper cuts that don't get taken in care

522
00:22:58,800 --> 00:23:02,119
Speaker 3: of become infected. Right, And so I think, like, you know,

523
00:23:02,160 --> 00:23:03,800
Speaker 3: there are a lot of moving parts, but that you know,

524
00:23:03,840 --> 00:23:06,280
Speaker 3: there were a couple of things there that definitely led through.

525
00:23:06,560 --> 00:23:10,240
Speaker 1: Yeah, it's interesting because, like my fiance and I talked

526
00:23:10,240 --> 00:23:13,240
Speaker 1: about kind of where our priorities lie in terms of money.

527
00:23:14,240 --> 00:23:17,720
Speaker 1: He's very very passionate about private school, like that's really

528
00:23:17,760 --> 00:23:20,000
Speaker 1: important to him. I went to public school my whole

529
00:23:20,000 --> 00:23:22,800
Speaker 1: life really aside from a little couple of years. So

530
00:23:22,960 --> 00:23:25,919
Speaker 1: to me, that's not a priority. I spent probably the

531
00:23:25,960 --> 00:23:29,280
Speaker 1: equivalent amount of money on appearances, you know, I like

532
00:23:29,280 --> 00:23:30,960
Speaker 1: on my hair, on my nails. When you add it

533
00:23:31,000 --> 00:23:32,840
Speaker 1: all up, like and you don't realize, Like I never

534
00:23:32,880 --> 00:23:34,639
Speaker 1: realized any of that stuff until I started adding it

535
00:23:34,640 --> 00:23:39,840
Speaker 1: all up, how much I spend on my hair, nails, clothes, facials,

536
00:23:39,880 --> 00:23:43,320
Speaker 1: you know, like all that stuff that I just do therapy,

537
00:23:43,440 --> 00:23:45,320
Speaker 1: you know, Like it all just adds up. And so

538
00:23:45,359 --> 00:23:49,560
Speaker 1: it's like sometimes I think it's having grace for like

539
00:23:49,640 --> 00:23:52,520
Speaker 1: difference in opinion and a relationship and just kind of understanding, Okay,

540
00:23:52,520 --> 00:23:54,399
Speaker 1: this is your priority, this is my priority. Where do

541
00:23:54,440 --> 00:23:58,080
Speaker 1: we meet in the middle. You have to compromise, And

542
00:23:58,119 --> 00:24:00,119
Speaker 1: so I just think it's it's really really important, and

543
00:24:00,160 --> 00:24:02,760
Speaker 1: I think everybody. So the book is called Talk Money

544
00:24:02,760 --> 00:24:05,439
Speaker 1: to Me, The Eight Essential Financial Questions to discuss with

545
00:24:05,480 --> 00:24:08,720
Speaker 1: your partner. It comes out April second, yep April second,

546
00:24:08,840 --> 00:24:10,080
Speaker 1: So where can everybody pre order it?

547
00:24:10,160 --> 00:24:12,280
Speaker 3: Yes, you could pre order it on Amazon, Barnes and

548
00:24:12,320 --> 00:24:16,440
Speaker 3: Noble Target. If you go to my Instagram page, it's

549
00:24:16,480 --> 00:24:19,840
Speaker 3: on my bio and and everything you said is so

550
00:24:19,920 --> 00:24:22,160
Speaker 3: bang on about just the importance of these stuff, these

551
00:24:22,200 --> 00:24:25,840
Speaker 3: conversations like they just have to be had. And you

552
00:24:25,880 --> 00:24:27,840
Speaker 3: also think about like the life you want to live, right,

553
00:24:27,840 --> 00:24:28,960
Speaker 3: like you think about retirement.

554
00:24:29,080 --> 00:24:29,240
Speaker 2: Right.

555
00:24:29,320 --> 00:24:32,000
Speaker 3: So a scenario I give people is like when you

556
00:24:32,119 --> 00:24:35,080
Speaker 3: plan for a vacation, like a week vacation, think about

557
00:24:35,160 --> 00:24:37,439
Speaker 3: all the things that go into it. You know your flight,

558
00:24:37,520 --> 00:24:39,560
Speaker 3: what do you bring in, how are you packing? Like

559
00:24:39,720 --> 00:24:42,439
Speaker 3: all the different parts. When you're planning for retirement, that

560
00:24:42,520 --> 00:24:47,160
Speaker 3: is a thirty year vacation, that's over fifteen hundred weeks

561
00:24:47,240 --> 00:24:48,000
Speaker 3: you're planning for.

562
00:24:48,520 --> 00:24:51,000
Speaker 2: And so many of us continue to put that off

563
00:24:51,040 --> 00:24:51,760
Speaker 2: and put that off.

564
00:24:52,040 --> 00:24:55,160
Speaker 3: And it's having right, but it's having conversations like that

565
00:24:55,160 --> 00:24:57,440
Speaker 3: that allow us to take a step back and say, Okay,

566
00:24:57,720 --> 00:25:00,679
Speaker 3: if I can reduce my spending today, that thirty year

567
00:25:00,760 --> 00:25:03,800
Speaker 3: vacation I go on will be an absolute dream. And

568
00:25:03,880 --> 00:25:05,520
Speaker 3: I do have in this book, I have a benchmark.

569
00:25:05,560 --> 00:25:07,680
Speaker 3: So anyone listening people always say, okay, well where should

570
00:25:07,720 --> 00:25:09,760
Speaker 3: I be with retirement? So I'll give you a little

571
00:25:09,800 --> 00:25:13,000
Speaker 3: bit of a benchmark here. According to this table in

572
00:25:13,080 --> 00:25:15,840
Speaker 3: my book, if you have household income of i' let's

573
00:25:15,840 --> 00:25:18,960
Speaker 3: say one hundred and fifty thousand, and you are what

574
00:25:19,000 --> 00:25:21,400
Speaker 3: would you say your average age of your listener is.

575
00:25:23,359 --> 00:25:24,560
Speaker 1: Thirty three?

576
00:25:25,000 --> 00:25:27,119
Speaker 3: Okay, so we'll round up to this table. We'll do

577
00:25:27,320 --> 00:25:29,159
Speaker 3: thirty we'll do thirty five. So if you have household

578
00:25:29,160 --> 00:25:31,080
Speaker 3: income of one hundred and fifty k and you are

579
00:25:31,160 --> 00:25:34,520
Speaker 3: thirty five years old right now, to give you a benchmark.

580
00:25:34,640 --> 00:25:37,120
Speaker 1: By the way, Jason has calculator out right now, he's

581
00:25:37,160 --> 00:25:38,440
Speaker 1: really good, real time.

582
00:25:38,560 --> 00:25:42,440
Speaker 3: Yeah, three hundred and thirty thousand dollars in your retirement

583
00:25:42,440 --> 00:25:44,720
Speaker 3: if you're thirty five with a household income of one

584
00:25:44,800 --> 00:25:47,119
Speaker 3: hundred and fifty k. Now, let's take a breather. Not

585
00:25:47,160 --> 00:25:49,840
Speaker 3: everyone's there, So there's another chart in here. So if

586
00:25:49,840 --> 00:25:52,320
Speaker 3: you're thirty five years old at one hundred and fifty

587
00:25:53,200 --> 00:25:56,440
Speaker 3: k household income and you don't have that in they're

588
00:25:56,520 --> 00:25:59,160
Speaker 3: saying to catch up, you need to put twenty one

589
00:25:59,240 --> 00:26:03,640
Speaker 3: percent of your income into retirement. So The point here

590
00:26:03,680 --> 00:26:06,520
Speaker 3: between both of these tables is to know where you

591
00:26:06,560 --> 00:26:09,240
Speaker 3: are compared to where you should be, and if you're

592
00:26:09,240 --> 00:26:12,040
Speaker 3: not there, what you could do today to get there.

593
00:26:12,160 --> 00:26:14,399
Speaker 1: Right, That's that's the thing like I and that's the

594
00:26:14,400 --> 00:26:17,000
Speaker 1: thing I struggle with a lot because I'm like, oh, retirement,

595
00:26:17,200 --> 00:26:18,920
Speaker 1: Like I want to live my life now. I'll get

596
00:26:19,080 --> 00:26:20,600
Speaker 1: that when I get to it. But I'm like, I'm

597
00:26:20,640 --> 00:26:22,520
Speaker 1: starting to feel like it's coming a lot sooner. Like

598
00:26:22,680 --> 00:26:24,600
Speaker 1: life just happens, and it happens fast.

599
00:26:24,359 --> 00:26:25,159
Speaker 2: You know it happened.

600
00:26:25,160 --> 00:26:27,600
Speaker 1: But like there's so much with finances, Like I feel

601
00:26:27,640 --> 00:26:31,200
Speaker 1: like it's not just your income, it's not just your spending.

602
00:26:31,320 --> 00:26:34,560
Speaker 1: It's are you investing? Are you keeping money in the

603
00:26:34,600 --> 00:26:36,880
Speaker 1: bank and having it just do nothing for you in there?

604
00:26:37,560 --> 00:26:38,880
Speaker 1: Do you have student loans?

605
00:26:39,240 --> 00:26:39,479
Speaker 3: You know?

606
00:26:39,520 --> 00:26:41,679
Speaker 1: Like there's just so much to it that it feels

607
00:26:41,720 --> 00:26:44,520
Speaker 1: so overwhelming. Yeah, is does the book kind of like

608
00:26:44,560 --> 00:26:48,919
Speaker 1: give people a good like digestible, How do I if

609
00:26:48,960 --> 00:26:50,880
Speaker 1: I'm starting at zero? How do I get started?

610
00:26:50,960 --> 00:26:53,560
Speaker 3: It's literally made for that. So it's one oh one

611
00:26:53,840 --> 00:26:56,840
Speaker 3: basic analogies. If you are a financial expert, this book

612
00:26:56,880 --> 00:26:59,560
Speaker 3: is not for you. If you get like basic basic,

613
00:26:59,640 --> 00:27:01,720
Speaker 3: we gets dumped up with words. I have a it's

614
00:27:01,720 --> 00:27:04,520
Speaker 3: called literally the no bullsh Glossary at the end. So

615
00:27:04,600 --> 00:27:06,480
Speaker 3: it is like the basic one on one to get

616
00:27:06,520 --> 00:27:08,000
Speaker 3: you where you need to be and to like know

617
00:27:08,119 --> 00:27:10,199
Speaker 3: everything you got to know to be dangerous with it.

618
00:27:10,480 --> 00:27:12,720
Speaker 3: And I think even like when you think about spending,

619
00:27:12,760 --> 00:27:15,000
Speaker 3: so there's a little equation out there for retirement. You

620
00:27:15,040 --> 00:27:17,520
Speaker 3: take your annual spence, so whatever you spend annually, and

621
00:27:17,560 --> 00:27:20,639
Speaker 3: then you multiply that times twenty to twenty five. So

622
00:27:20,720 --> 00:27:23,199
Speaker 3: let's just say you spend I'm gonna just make this up.

623
00:27:23,320 --> 00:27:25,600
Speaker 3: Doesn't for anyone back home. I'm making it up. You

624
00:27:25,640 --> 00:27:28,040
Speaker 3: spend thirty thousand dollars a year on stuff? Okay, I'm

625
00:27:28,040 --> 00:27:30,640
Speaker 3: sure it's probably more than that, but you know, let's

626
00:27:30,680 --> 00:27:32,360
Speaker 3: just say, let's just say it's one hundred thousand. We'll

627
00:27:32,359 --> 00:27:36,320
Speaker 3: do a clean number. You have to have saved twenty

628
00:27:36,400 --> 00:27:39,600
Speaker 3: five times that conservatively to retire, so that would be

629
00:27:39,640 --> 00:27:42,240
Speaker 3: two point five million for you to retire and live comfortably.

630
00:27:42,560 --> 00:27:45,680
Speaker 3: So when we're thinking today and we're not thinking about retirement,

631
00:27:45,880 --> 00:27:47,280
Speaker 3: a good way to think about it is if I

632
00:27:47,320 --> 00:27:49,240
Speaker 3: spend less. So I just said two point five But

633
00:27:49,240 --> 00:27:52,000
Speaker 3: if we could bring that number down to eighty thousand.

634
00:27:52,400 --> 00:27:55,680
Speaker 3: You now have to save two million. You just instantly

635
00:27:55,680 --> 00:27:57,920
Speaker 3: have to save five hundred thousand less for your retirement

636
00:27:57,920 --> 00:27:59,880
Speaker 3: if you just bring it down twenty percent save.

637
00:28:15,119 --> 00:28:19,720
Speaker 1: I have two rapid fire questions when it comes to

638
00:28:19,880 --> 00:28:22,080
Speaker 1: buying or leasing a car. What would you recommend?

639
00:28:22,320 --> 00:28:25,680
Speaker 3: It depends on the circumstances, because right now it's just changed.

640
00:28:25,920 --> 00:28:27,800
Speaker 3: But here's what I would tell you anything with the

641
00:28:27,880 --> 00:28:31,240
Speaker 3: car buying process, do not ever go in there and

642
00:28:31,280 --> 00:28:33,640
Speaker 3: say I have a monthly amount I can spend. Get

643
00:28:33,680 --> 00:28:36,639
Speaker 3: the payment to that amount, because a good salesperson is

644
00:28:36,680 --> 00:28:38,560
Speaker 3: going to be able to structure it so they make

645
00:28:38,600 --> 00:28:41,880
Speaker 3: the most money. But your monthly payment is what it's

646
00:28:41,920 --> 00:28:44,560
Speaker 3: going to be now. The toughest part about your question

647
00:28:44,600 --> 00:28:47,440
Speaker 3: is two years ago, when cars were appreciing it the

648
00:28:47,440 --> 00:28:50,560
Speaker 3: way they were, the answer was lease, But today the

649
00:28:50,600 --> 00:28:54,760
Speaker 3: answer would be use car. But it changes by a used, certified,

650
00:28:54,760 --> 00:28:57,479
Speaker 3: pre owned car is the answer today. That can change

651
00:28:57,520 --> 00:28:58,320
Speaker 3: in a month from.

652
00:28:58,200 --> 00:29:01,320
Speaker 1: Now, because like I was always taught, never lease a car,

653
00:29:01,440 --> 00:29:04,480
Speaker 1: buy a car, stop paying rent, buy a home, you know,

654
00:29:04,520 --> 00:29:05,800
Speaker 1: like that type of stuff. And I feel like it

655
00:29:05,880 --> 00:29:07,440
Speaker 1: kind of went the other way for a while, where

656
00:29:07,440 --> 00:29:10,520
Speaker 1: it was like, don't buy a car lease don't. Now

657
00:29:10,560 --> 00:29:13,640
Speaker 1: it's like, don't buy a house rent you know. I'm like,

658
00:29:13,880 --> 00:29:15,240
Speaker 1: you never know. It's like, I guess you just have

659
00:29:15,320 --> 00:29:18,160
Speaker 1: to really be like tuned into what's on the economy.

660
00:29:18,240 --> 00:29:20,920
Speaker 3: Well, for leasing, when you lease a car, your buyout

661
00:29:21,000 --> 00:29:23,760
Speaker 3: value is determined the day you execute the lease. So

662
00:29:23,960 --> 00:29:26,720
Speaker 3: like I actually lease my car for tax purposes because

663
00:29:26,760 --> 00:29:29,200
Speaker 3: the dollar that I could write off, but that amount

664
00:29:29,360 --> 00:29:32,320
Speaker 3: the day I leased the car. Three years later, when

665
00:29:32,360 --> 00:29:34,520
Speaker 3: my lease was up, I could have sold the car

666
00:29:34,640 --> 00:29:36,920
Speaker 3: for more than the number that was agreed upon three

667
00:29:37,000 --> 00:29:40,720
Speaker 3: years before because of appreciation. So it changes. Here's someone

668
00:29:40,760 --> 00:29:43,280
Speaker 3: you have to have on your podcast. Have to your

669
00:29:43,320 --> 00:29:47,320
Speaker 3: listeners will love her. She's the car mom. She has kids,

670
00:29:47,520 --> 00:29:49,760
Speaker 3: share her dad owned dealerships. She came out of my

671
00:29:49,760 --> 00:29:53,520
Speaker 3: podcast training Secret shares every little hack that you should

672
00:29:53,520 --> 00:29:55,440
Speaker 3: know if you have kids, when you're consuming when you

673
00:29:55,480 --> 00:29:58,440
Speaker 3: go to dealerships, how to beat them. She's incredible. Now,

674
00:29:58,480 --> 00:30:01,880
Speaker 3: with renting, there's a ratio. People, it's very This one's

675
00:30:01,920 --> 00:30:04,640
Speaker 3: easier to understand. It's called the rent to own ratio.

676
00:30:05,160 --> 00:30:08,760
Speaker 3: Because fluctuation of pricing is changing significantly. It is a

677
00:30:08,840 --> 00:30:12,440
Speaker 3: ratio that tells you how many years of your current

678
00:30:12,560 --> 00:30:16,240
Speaker 3: rent you would be renting until you own the house

679
00:30:16,440 --> 00:30:19,400
Speaker 3: based on the price of the house. Okay, so in

680
00:30:19,440 --> 00:30:22,360
Speaker 3: big cities you can rent. Yeah, I mean you could

681
00:30:22,360 --> 00:30:25,120
Speaker 3: rent for fifty years and you still won't own the property,

682
00:30:25,120 --> 00:30:27,160
Speaker 3: like New York City because the values are so high.

683
00:30:27,680 --> 00:30:29,720
Speaker 3: In this book, I have a chart that tells you

684
00:30:30,200 --> 00:30:33,640
Speaker 3: if your rent to own ratio is a certain multiplier,

685
00:30:33,920 --> 00:30:36,760
Speaker 3: you should be renting or you should be owning it.

686
00:30:36,800 --> 00:30:37,560
Speaker 2: Does that make sense?

687
00:30:37,600 --> 00:30:40,680
Speaker 3: So if you could own your house with what you're

688
00:30:40,680 --> 00:30:43,200
Speaker 3: paying for rent in five to ten years based on

689
00:30:43,240 --> 00:30:45,800
Speaker 3: the value of what the home is, you should not

690
00:30:45,840 --> 00:30:46,320
Speaker 3: be renting.

691
00:30:46,400 --> 00:30:48,280
Speaker 2: You should be buying it, right.

692
00:30:48,160 --> 00:30:50,360
Speaker 3: Because if you rented that place for five to ten years,

693
00:30:50,400 --> 00:30:53,160
Speaker 3: you would owned the property. So there are ratios out there,

694
00:30:53,160 --> 00:30:55,520
Speaker 3: like rent to own ratio that can help people.

695
00:30:56,840 --> 00:31:01,560
Speaker 1: One other thing really quick too, are scrubbers A lot

696
00:31:01,560 --> 00:31:05,360
Speaker 1: of them have I'm a blinking on what it's called

697
00:31:06,120 --> 00:31:10,400
Speaker 1: debt from student loans debt? Yeah, how do you go

698
00:31:10,440 --> 00:31:13,920
Speaker 1: about tackling that in like the best way?

699
00:31:14,240 --> 00:31:17,360
Speaker 3: Okay, So anything debt related. First of all, there's good

700
00:31:17,360 --> 00:31:20,720
Speaker 3: debt and there's bad debt. We classify this as good

701
00:31:20,800 --> 00:31:24,240
Speaker 3: debt are tied to things that are appreciating assets, bad

702
00:31:24,280 --> 00:31:27,080
Speaker 3: debt are things that are tied to non appreciating assets.

703
00:31:27,120 --> 00:31:29,640
Speaker 3: Example of good debt a house. You have a house

704
00:31:29,680 --> 00:31:32,720
Speaker 3: tied to it. History tells us it's appreciating. Bad debt

705
00:31:32,800 --> 00:31:34,920
Speaker 3: credit card debt. When you go by you know, you

706
00:31:34,960 --> 00:31:36,959
Speaker 3: do the hair, the nails, the makeup. You have no

707
00:31:37,120 --> 00:31:40,840
Speaker 3: asset tied to that. So with all these forms of debt,

708
00:31:40,920 --> 00:31:43,920
Speaker 3: what I say is there's an avalanche model. Take an

709
00:31:43,920 --> 00:31:47,120
Speaker 3: Excel file, put all your debt, and then put all

710
00:31:47,160 --> 00:31:50,720
Speaker 3: your interest rate, and whatever your highest interest rate is.

711
00:31:51,120 --> 00:31:52,440
Speaker 2: I need you to take any.

712
00:31:52,280 --> 00:31:55,560
Speaker 3: Excess cash flow you have after your expenses and pay

713
00:31:55,600 --> 00:31:58,520
Speaker 3: the highest interest rate off first. It likely won't be

714
00:31:58,560 --> 00:32:00,840
Speaker 3: student that if you have credit card debt. Now, credit

715
00:32:00,840 --> 00:32:03,320
Speaker 3: card debts, it's kind of good and bad. If you're

716
00:32:03,400 --> 00:32:05,200
Speaker 3: you know, if you're a surgeon, you're going to We

717
00:32:05,280 --> 00:32:08,560
Speaker 3: know that your likelihood of getting the return on education's high.

718
00:32:08,680 --> 00:32:10,120
Speaker 3: We also know there's a lot of degrees out there

719
00:32:10,160 --> 00:32:13,240
Speaker 3: you're not getting a return. So the overarching theme is

720
00:32:13,320 --> 00:32:16,040
Speaker 3: you have to know how much cash you have after

721
00:32:16,120 --> 00:32:19,440
Speaker 3: your fixed and variable expenses, and then how you're taking

722
00:32:19,440 --> 00:32:21,880
Speaker 3: that cash and applying it to the debt, and there's

723
00:32:21,880 --> 00:32:24,720
Speaker 3: different debt programs and how to pay it back here.

724
00:32:25,040 --> 00:32:27,080
Speaker 3: But what I'll tell people is like, do not wait

725
00:32:27,120 --> 00:32:29,800
Speaker 3: for a government ballout because they've been talking about it

726
00:32:29,840 --> 00:32:31,680
Speaker 3: forever and it keeps getting pushed.

727
00:32:31,680 --> 00:32:34,520
Speaker 2: It keeps getting pushed so much.

728
00:32:34,920 --> 00:32:37,520
Speaker 1: I literally feel like I can talk to you for

729
00:32:37,600 --> 00:32:40,440
Speaker 1: a million years because like there's and I'm like, don't

730
00:32:40,440 --> 00:32:42,360
Speaker 1: even get me started on investments because I could ask you,

731
00:32:42,800 --> 00:32:45,320
Speaker 1: I could probably spend an entire hour going into that.

732
00:32:45,400 --> 00:32:48,239
Speaker 1: I know you have places to be and things to do,

733
00:32:48,320 --> 00:32:50,360
Speaker 1: so I really want to quickly before I let you go.

734
00:32:51,760 --> 00:32:55,200
Speaker 1: Are you moving forward in your next relationship? Is this

735
00:32:55,280 --> 00:32:57,720
Speaker 1: like a priority for you? Like to have these discussions

736
00:32:57,720 --> 00:32:58,120
Speaker 1: early on?

737
00:32:58,240 --> 00:33:00,840
Speaker 2: Oh at one hundred percent practice what I preach?

738
00:33:00,960 --> 00:33:04,520
Speaker 3: Like that's it's a non starter.

739
00:33:04,760 --> 00:33:06,800
Speaker 2: Yeah, Like all these conversations will be had.

740
00:33:06,840 --> 00:33:08,880
Speaker 3: And again, network's not self with so it's not like

741
00:33:08,880 --> 00:33:10,880
Speaker 3: if they don't meet a certain level, right, It's like,

742
00:33:11,200 --> 00:33:14,800
Speaker 3: these are conversations that must be You're only protecting yourself

743
00:33:14,800 --> 00:33:16,480
Speaker 3: and setting yourself up for success.

744
00:33:16,760 --> 00:33:18,360
Speaker 1: And now you live in Nashville. Do you think you're

745
00:33:18,400 --> 00:33:19,960
Speaker 1: going to live in Nashville forever.

746
00:33:20,320 --> 00:33:21,120
Speaker 2: I don't know.

747
00:33:21,760 --> 00:33:23,760
Speaker 3: I don't know, Like I don't think I'm going to

748
00:33:23,800 --> 00:33:24,800
Speaker 3: live in Nashville forever.

749
00:33:25,040 --> 00:33:26,200
Speaker 2: So I'm working on that.

750
00:33:26,240 --> 00:33:29,000
Speaker 3: There's a lot of moving parts with the dogs and

751
00:33:29,080 --> 00:33:32,680
Speaker 3: everything else. Yeah, so that's something that's like, you know,

752
00:33:32,880 --> 00:33:34,200
Speaker 3: really top of mind right now.

753
00:33:34,320 --> 00:33:34,600
Speaker 1: Yeah.

754
00:33:34,720 --> 00:33:35,200
Speaker 2: Yeah.

755
00:33:35,320 --> 00:33:38,000
Speaker 3: One thing I'll tell people where they live is I

756
00:33:38,040 --> 00:33:41,640
Speaker 3: call it the third degree priority pro personal financial, professional

757
00:33:42,000 --> 00:33:44,120
Speaker 3: rate one through ten. What that city does for your

758
00:33:44,120 --> 00:33:48,640
Speaker 3: personal happiness, financial gain, and professional success, And based on that,

759
00:33:48,720 --> 00:33:50,400
Speaker 3: determine if it makes sense to live there or not,

760
00:33:50,640 --> 00:33:53,320
Speaker 3: because the city has to give back to you what

761
00:33:53,360 --> 00:33:55,560
Speaker 3: the cost is in one of those three categories.

762
00:33:57,320 --> 00:34:01,240
Speaker 1: Also, our scrubbers need to know because there's rumors that

763
00:34:01,280 --> 00:34:03,600
Speaker 1: you're dating a TikToker named Cat Stickler.

764
00:34:05,600 --> 00:34:07,600
Speaker 2: Those rumors, you hear those rumors.

765
00:34:07,640 --> 00:34:10,520
Speaker 1: Right here are scrubbers. You gotta ask them about dating

766
00:34:10,600 --> 00:34:11,840
Speaker 1: TikToker Cat Stickler.

767
00:34:12,040 --> 00:34:15,920
Speaker 3: Yeah. Here's here's what I'll say to that question, is, like,

768
00:34:16,440 --> 00:34:20,120
Speaker 3: I think, after my last relationship, I'm in the space

769
00:34:20,160 --> 00:34:21,919
Speaker 3: of like kind of keeping things a little bit more

770
00:34:21,960 --> 00:34:22,760
Speaker 3: private right.

771
00:34:22,600 --> 00:34:24,759
Speaker 1: Now because it was so public, Because it was.

772
00:34:24,719 --> 00:34:28,800
Speaker 3: So and there's so much there's a lot that comes

773
00:34:28,800 --> 00:34:31,840
Speaker 3: with that good and bad and so like the whole

774
00:34:32,640 --> 00:34:35,799
Speaker 3: the whole dating aspect, which I'm relatively new to. I'm like,

775
00:34:35,880 --> 00:34:37,880
Speaker 3: you know what, for right now today, I'm going to

776
00:34:37,960 --> 00:34:39,480
Speaker 3: kind of keep things private.

777
00:34:39,440 --> 00:34:40,840
Speaker 1: Until it becomes more serious.

778
00:34:41,000 --> 00:34:44,239
Speaker 3: Yeah, until things become yeah yeah, but right now, I'm

779
00:34:44,280 --> 00:34:48,760
Speaker 3: keeping things a little private, keeping things private.

780
00:34:51,880 --> 00:34:55,600
Speaker 1: Okay, Okay, you know that that's me. I'm doing my.

781
00:34:55,560 --> 00:34:58,239
Speaker 3: Thing, not keeping things private. This is the place I'll

782
00:34:58,280 --> 00:35:00,320
Speaker 3: come back to and then we'll talk all about it.

783
00:35:00,440 --> 00:35:00,680
Speaker 1: Okay.

784
00:35:01,200 --> 00:35:01,640
Speaker 3: I get it.

785
00:35:01,719 --> 00:35:03,920
Speaker 1: I totally get it because when I was dating, like

786
00:35:03,960 --> 00:35:07,200
Speaker 1: when I was just like you know, dating and a

787
00:35:07,320 --> 00:35:10,440
Speaker 1: rapid pace, I was like, you get you know, like

788
00:35:10,520 --> 00:35:13,040
Speaker 1: when you are public about it, then there's expectation put

789
00:35:13,080 --> 00:35:15,080
Speaker 1: on it, and so then you kind of weirdly feel

790
00:35:15,120 --> 00:35:17,759
Speaker 1: like you're like letting people down, letting yourself down, but

791
00:35:17,800 --> 00:35:19,640
Speaker 1: you're just dating. Like that's what dating is. Like, you

792
00:35:19,640 --> 00:35:21,240
Speaker 1: go out with someone a couple of times, it doesn't

793
00:35:21,239 --> 00:35:24,400
Speaker 1: work out, but I think that there's there's this expectation.

794
00:35:24,440 --> 00:35:26,080
Speaker 1: It does kind of make you feel a certain type

795
00:35:26,080 --> 00:35:28,000
Speaker 1: of way. So I do understand that. Yeah, sure, but

796
00:35:28,040 --> 00:35:30,560
Speaker 1: I've heard this cat Stickler is a good girl.

797
00:35:30,719 --> 00:35:34,480
Speaker 3: She's coming on my podcast actually, and she's a great girl.

798
00:35:34,520 --> 00:35:37,480
Speaker 2: She's amazing, she's very special, she's awesome, she's great.

799
00:35:37,640 --> 00:35:40,480
Speaker 1: Did you come on your podcast or she's great.

800
00:35:40,719 --> 00:35:42,960
Speaker 3: I interviewed her in Chicago at the episode's coming out

801
00:35:43,040 --> 00:35:43,960
Speaker 3: like a few weeks or so.

802
00:35:44,760 --> 00:35:47,239
Speaker 1: Is that how you met or No, No, we met prior.

803
00:35:47,400 --> 00:35:49,760
Speaker 2: Yeah, we met prior. Yeah, we met prior.

804
00:35:55,120 --> 00:35:59,399
Speaker 1: I'm trying to. I'm trying to. We need to getting

805
00:35:59,400 --> 00:36:01,759
Speaker 1: the wraps. No, No, you know, I love you, and

806
00:36:01,760 --> 00:36:04,040
Speaker 1: so I respect I respect your privacy obviously have to

807
00:36:04,040 --> 00:36:06,399
Speaker 1: ask and people want to know. But I think I'm

808
00:36:06,400 --> 00:36:09,200
Speaker 1: really I love what you're doing, and I really want

809
00:36:09,200 --> 00:36:11,279
Speaker 1: to encourage you everybody listening to get the book. It's

810
00:36:11,280 --> 00:36:14,720
Speaker 1: called Talk Money to Me. They eight essential financial questions

811
00:36:14,719 --> 00:36:17,680
Speaker 1: to discuss with your partner. It comes out April second,

812
00:36:18,320 --> 00:36:20,480
Speaker 1: and you have the link in your bio.

813
00:36:20,520 --> 00:36:21,920
Speaker 3: I'm asson, Yeah, the link in my bio. And the

814
00:36:22,000 --> 00:36:23,560
Speaker 3: other thing too, is we're on a book tour right

815
00:36:23,600 --> 00:36:26,320
Speaker 3: now with Capital One. They're sponsoring a Capital One cafe.

816
00:36:26,440 --> 00:36:34,040
Speaker 3: So did Denver, Austin, Philly, Chicago, del Rey, Boston, and

817
00:36:34,040 --> 00:36:35,680
Speaker 3: then I think we're going to add I don't know

818
00:36:35,719 --> 00:36:37,279
Speaker 3: if I said DC, but DC and then we're going

819
00:36:37,320 --> 00:36:40,120
Speaker 3: to probably add New York in Nashville, so that's exciting.

820
00:36:40,400 --> 00:36:43,320
Speaker 1: So everybody, if you're in those cities, go out meet Jason.

821
00:36:43,719 --> 00:36:46,920
Speaker 1: Tell them you're a scrubber. Send your love and thank

822
00:36:46,960 --> 00:36:47,839
Speaker 1: you so much for being here.

823
00:36:47,880 --> 00:36:49,799
Speaker 3: I love the Scrubbers. I love you guys. Thank you

824
00:36:49,800 --> 00:36:50,560
Speaker 3: guys for having me.

825
00:36:50,600 --> 00:36:53,520
Speaker 1: Thank you all right, Ethan, what'd you think?

826
00:36:54,120 --> 00:36:56,479
Speaker 4: I love Jason Tarctick. I just love him so much.

827
00:36:56,640 --> 00:37:00,319
Speaker 4: I do too, And you know, we don't have these

828
00:37:00,400 --> 00:37:03,160
Speaker 4: kind of conversations enough, and so I think it's so

829
00:37:03,200 --> 00:37:05,640
Speaker 4: important to me to destigmatize this.

830
00:37:05,920 --> 00:37:07,239
Speaker 2: It makes you feel so comfortable about that.

831
00:37:07,280 --> 00:37:09,200
Speaker 1: I do too. And I think that like, obviously he's

832
00:37:09,239 --> 00:37:11,759
Speaker 1: a financial expert, so he maybe sometimes can get a

833
00:37:11,800 --> 00:37:14,160
Speaker 1: little in the weeds of things that may seem overwhelming

834
00:37:14,160 --> 00:37:16,799
Speaker 1: to you because they were overwhelming to me. But I

835
00:37:16,840 --> 00:37:19,680
Speaker 1: think at the end of the day, we all deal

836
00:37:19,840 --> 00:37:23,560
Speaker 1: with finances, you know, how to save, how to spend

837
00:37:23,880 --> 00:37:28,040
Speaker 1: income versus expenses, investing, what's smart what's not. And I

838
00:37:28,120 --> 00:37:32,160
Speaker 1: just think being involved in the conversation, having those conversations,

839
00:37:32,280 --> 00:37:34,880
Speaker 1: you know, like, are just so important. What you know

840
00:37:34,920 --> 00:37:39,000
Speaker 1: you were saying, somebody asked you what is being rich

841
00:37:39,120 --> 00:37:41,000
Speaker 1: mean to you? Right? Was it that?

842
00:37:41,239 --> 00:37:41,399
Speaker 2: Yeah?

843
00:37:41,480 --> 00:37:43,440
Speaker 4: Yeah, there was. I don't have his name in front

844
00:37:43,480 --> 00:37:45,120
Speaker 4: of me, but there's a guy who had on another

845
00:37:45,160 --> 00:37:48,440
Speaker 4: podcast and he was talking about like what, like what

846
00:37:48,440 --> 00:37:50,960
Speaker 4: what is being rich? Like what does that mean to you?

847
00:37:51,080 --> 00:37:52,600
Speaker 4: And like for some people it's like, oh, I want

848
00:37:52,600 --> 00:37:55,080
Speaker 4: to like a big house and I want a nice car,

849
00:37:55,600 --> 00:37:57,880
Speaker 4: and uh, he said to him, it's going to the

850
00:37:57,880 --> 00:38:00,360
Speaker 4: grocery store and not looking at what food can just

851
00:38:00,360 --> 00:38:03,879
Speaker 4: getting getting whatever I want and like not really caring. Yeah,

852
00:38:03,920 --> 00:38:08,000
Speaker 4: and I that really changed, like how I look at

853
00:38:08,280 --> 00:38:11,040
Speaker 4: how I spend money and how I save and like

854
00:38:11,080 --> 00:38:13,200
Speaker 4: the goals I have because I was thinking about that,

855
00:38:13,239 --> 00:38:14,480
Speaker 4: and I'm like, because I you know, I don't really

856
00:38:14,480 --> 00:38:16,360
Speaker 4: I don't need like a vault full of gold coins

857
00:38:16,400 --> 00:38:19,719
Speaker 4: like Screege McDuck has, but like, yeah, you know, like

858
00:38:19,760 --> 00:38:21,520
Speaker 4: being able to take a vacation a couple of times

859
00:38:21,560 --> 00:38:23,640
Speaker 4: a year, Like that's to me, that's that's rich.

860
00:38:23,920 --> 00:38:26,239
Speaker 1: And the thing is too, it's all relative, you know,

861
00:38:26,280 --> 00:38:28,719
Speaker 1: it's all what matters to you. You could maybe want

862
00:38:28,719 --> 00:38:31,080
Speaker 1: to live in a smaller home and take more vacations

863
00:38:31,080 --> 00:38:33,040
Speaker 1: in a year, or if you don't really care about vacations,

864
00:38:33,080 --> 00:38:34,720
Speaker 1: you just want to live in a big, lavish home,

865
00:38:35,200 --> 00:38:36,840
Speaker 1: then that's more important to you, if you you know

866
00:38:36,880 --> 00:38:38,279
Speaker 1: what I mean. Like, it's kind of just figuring out

867
00:38:38,320 --> 00:38:40,160
Speaker 1: what's important to you, how you want to live your life,

868
00:38:40,239 --> 00:38:41,799
Speaker 1: where you want to spend your money, where you want

869
00:38:41,800 --> 00:38:44,239
Speaker 1: to save it, And it's different for everybody. So I

870
00:38:44,239 --> 00:38:47,879
Speaker 1: feel like that's what makes the conversation so interesting. And

871
00:38:48,080 --> 00:38:50,360
Speaker 1: I again, like I was telling Jason, I talked to

872
00:38:50,400 --> 00:38:52,439
Speaker 1: a lot of my friends, especially friends who are in

873
00:38:52,960 --> 00:38:56,520
Speaker 1: relationships with other people with kids and stuff, because the

874
00:38:56,520 --> 00:39:01,640
Speaker 1: conversation is very it's different, and so I just I

875
00:39:01,680 --> 00:39:05,640
Speaker 1: want to encourage everybody listening to have those conversations. It's

876
00:39:05,680 --> 00:39:07,879
Speaker 1: not weird. Talk to your friends about it, see how

877
00:39:07,920 --> 00:39:10,880
Speaker 1: they do it, what they're planning on doing, just so

878
00:39:10,920 --> 00:39:13,279
Speaker 1: that you're more aware of kind of different ways to

879
00:39:13,320 --> 00:39:13,760
Speaker 1: do things.

880
00:39:14,320 --> 00:39:16,520
Speaker 4: Money, whether we like it or not, money is a

881
00:39:16,520 --> 00:39:19,759
Speaker 4: part of our lives. Everybody has to think about it

882
00:39:19,800 --> 00:39:22,040
Speaker 4: and deal with it. And it's not It doesn't have

883
00:39:22,120 --> 00:39:23,880
Speaker 4: to be weird. You can just you know, if you

884
00:39:23,920 --> 00:39:26,560
Speaker 4: have anxieties about it, like if you talk to your

885
00:39:26,600 --> 00:39:28,840
Speaker 4: loved ones or your friends, yeah you feel better about it.

886
00:39:29,200 --> 00:39:31,160
Speaker 1: Yeah, I love listening to podcasts about it too, Like

887
00:39:31,160 --> 00:39:32,799
Speaker 1: I listened to Lewis Howe's a lot because I think

888
00:39:32,880 --> 00:39:35,200
Speaker 1: he has a lot of financial experts on and they

889
00:39:35,280 --> 00:39:36,799
Speaker 1: say a lot of things that I never really thought

890
00:39:36,800 --> 00:39:38,880
Speaker 1: about before. So I just want to encourage you to

891
00:39:38,920 --> 00:39:42,879
Speaker 1: have that conversation and just love Jason Tarctic. And I'm

892
00:39:42,960 --> 00:39:46,040
Speaker 1: gonna say, based off his body language, he's not single.

893
00:39:49,040 --> 00:39:50,960
Speaker 1: Yeah I would say that too. Yeah, I got a

894
00:39:50,960 --> 00:39:54,000
Speaker 1: little for me, but you know, respect, respect the privacy.

895
00:39:54,239 --> 00:39:57,560
Speaker 4: Yeah, so we love Jason and his significant other who

896
00:39:57,600 --> 00:39:58,759
Speaker 4: may or may not exist.

897
00:39:58,600 --> 00:40:02,080
Speaker 1: Yes, exactly. We love you and talk to you guys later.

898
00:40:02,719 --> 00:40:13,880
Speaker 2: Bye. Mhm.