WEBVTT - Friday Flight - Rate Reductions, Rich Renters, & Costly Coffee #882

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<v Speaker 1>Welcome to had of Money.

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<v Speaker 2>I'm Joel, I'm Matt, and today we're talking about rate reductions,

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<v Speaker 2>rich renters, and costly coffee. That coffee is costing more money,

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<v Speaker 2>not because you're getting the good stuff, Like, uh, you

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<v Speaker 2>haven't upgraded like I have yet? Have you drink? I'm

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<v Speaker 2>keeping my coffee habit minimal. You're trying to keep there

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<v Speaker 2>are certain lifestyle creep factors that you're trying to keep

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<v Speaker 2>in check. Your coffee game is one of them. Although

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<v Speaker 2>you did get that nice how's that nice brewer going?

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<v Speaker 2>By the way, you got like one of these faincy

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<v Speaker 2>automated coffee brewer things. Yes, I got a coffeemaker. There's

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<v Speaker 2>this bran called the mocha Master, and it's trying to

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<v Speaker 2>in drip coffee form mimic a pour over coffee effects, right,

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<v Speaker 2>does it? Because it does the bloom and everything right?

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<v Speaker 1>Like, Yeah, but I.

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<v Speaker 2>Didn't a mochamaster because those things are very expensive. Yeah,

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<v Speaker 2>you got the I got the off brand discounted version. Yeah,

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<v Speaker 2>so so mine is like the best ViBe's brand or

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<v Speaker 2>something's working for you though literally paid fifty bucks for it,

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<v Speaker 2>and which is mortally masters like two fifty or three fifty.

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<v Speaker 2>Oh yeah, oh really expensive. It's been great, it's been great,

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<v Speaker 2>So it's And the other thing was we were doing

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<v Speaker 2>French press, and French press just won at least too

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<v Speaker 2>many oils and too it takes too long. And I

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<v Speaker 2>like being able to press a button and get my coffee,

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<v Speaker 2>but I also don't want it to be like the

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<v Speaker 2>ten dollars mister coffee thing, So fair enough. That's it's

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<v Speaker 2>my middle ground that I'm willing to join. Yeah, we'll

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<v Speaker 2>get to coffee the rest of our coffee talk a

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<v Speaker 2>little bit later on. But we hope everyone is having

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<v Speaker 2>a good week. We hope everyone. Hey, by the way,

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<v Speaker 2>if you haven't listened to Wednesday's episode, man, that was

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<v Speaker 2>such a fun episode. I'm still thinking about that, digging

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<v Speaker 2>into Megan Gorman's book a little bit more All the

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<v Speaker 2>President's Money. It was a fun way for us to

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<v Speaker 2>talk about politics without talking about the politics, because.

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<v Speaker 1>Everyone's talking about politics.

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<v Speaker 2>Everyone's got their own opinion. Yes, And by the way,

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<v Speaker 2>just a follow up, I think last week, Matt we

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<v Speaker 2>mentioned something about kind of focusing on the thing you

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<v Speaker 2>can control, and maybe to a certain extent, we made

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<v Speaker 2>voting sound like a dumb idea, and I know why

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<v Speaker 2>you're saying this. We got some pushback from people. I

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<v Speaker 2>just want to say, like, we're not against voting. I'm

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<v Speaker 2>planning on voting, and you have actually a lot more

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<v Speaker 2>control in local elections.

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<v Speaker 1>I guess. Oh heck yeah.

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<v Speaker 2>What we're trying to say is maybe put it in

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<v Speaker 2>as proper context. And I'm glad we live in a

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<v Speaker 2>country where we have the freedom the ability to vote

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<v Speaker 2>our conscience. Heck yeah. But at the same time, I'm

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<v Speaker 2>not putting my hopes and dreams pinning it to any politician.

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<v Speaker 1>But get up there.

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<v Speaker 2>Yeah, you know the rock. Do they still say rock

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<v Speaker 2>the vote?

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<v Speaker 1>It was like twenty years ago. That's from the Bill

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<v Speaker 1>Clinton era.

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<v Speaker 2>Yeah, no, exercise your constitutional right to have a voice

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<v Speaker 2>in the politics and what happens. We are all for that.

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<v Speaker 2>So I'm sorry if it came across like we were

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<v Speaker 2>being completely dismissed above it. We were just saying trying

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<v Speaker 2>to say to focus more, at least on the things

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<v Speaker 2>you can't control. Fair enough, All right, let's get to

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<v Speaker 2>the Friday flight. And by the way, the reason we

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<v Speaker 2>call it the Friday flight is because when you get

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<v Speaker 2>to a brewery you can get a flight of beers,

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<v Speaker 2>a nice little sampling. That way, you don't have to

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<v Speaker 2>fully commit to one single beer. And that's what we

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<v Speaker 2>try to do with the financial stories that we've come

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<v Speaker 2>across this week and how they pertain to your personal finances.

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<v Speaker 2>But let's talk about Jerome Powell Joel. Because the hotly

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<v Speaker 2>demated moment, the anticipated FED rate cut, it finally happened.

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<v Speaker 2>They cut rates for the first time in many years

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<v Speaker 2>by half a point fifty basis points, which is more

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<v Speaker 2>than a lot of folks had anticipated. It's more than

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<v Speaker 2>I was expecting in an attempt to prevent an economic slowdown.

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<v Speaker 2>And this move it's going to negatively impact savers and

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<v Speaker 2>positively impact folks who have credit card debt, for instance,

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<v Speaker 2>although minimally. But as the journal put it, the era

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<v Speaker 2>of earning easy five percent returns on your cash is

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<v Speaker 2>ending slowly. Is not going to happen overnight, folks. But

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<v Speaker 2>this most recent FED move it could also be the

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<v Speaker 2>start of continuing rate cuts, which would make the impact

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<v Speaker 2>more significant over time, but that just remains to be seen. Historically,

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<v Speaker 2>that's what happens when the first rate cut begins, the

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<v Speaker 2>downward path continues. It's not one and done. That's just

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<v Speaker 2>not how it works, at least historically. Again, we who

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<v Speaker 2>knows so, especially with inflation, and we'll be paying attention

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<v Speaker 2>to those numbers. But you're right, you said in preventing

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<v Speaker 2>an economic slowdown, Matt, and I think the Fed has this.

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<v Speaker 2>They have this dual mandate right to pay attention to

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<v Speaker 2>inflation but also to pay attention to the labor market.

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<v Speaker 2>And they're seeing signs of softness in the labor market

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<v Speaker 2>and that was I think a big part of the

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<v Speaker 2>reason for this rate cut, and for a bigger rate

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<v Speaker 2>cut than many had predicted in this rate cut. And

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<v Speaker 2>future rate cuts are going to impact savers, are going

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<v Speaker 2>to impact borrowers, are going to impact investors. But I

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<v Speaker 2>think you're right to say too that slowly and how

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<v Speaker 2>much we don't quite know yet. But if you have

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<v Speaker 2>a credit card debt, if you have a home equity

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<v Speaker 2>line of credit, pretty soon you're going to likely see

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<v Speaker 2>those rates start to tick down. If you're borrowing to

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<v Speaker 2>buy a car, you've taken on an auto loan, you

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<v Speaker 2>might see rates ticked down there too. When it comes

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<v Speaker 2>to mortgage rates, well, what's going to happen there? I

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<v Speaker 2>wouldn't say that this is an excuse to take out

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<v Speaker 2>more loads of That's not what you're say. No, no, no, no,

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<v Speaker 2>I'm just saying like that that the reality on the

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<v Speaker 2>ground is going to get cheaper to borrow, and sadly

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<v Speaker 2>savers are going to get a small gut punch too.

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<v Speaker 2>It's been like kind of nice for savers to earn

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<v Speaker 2>reasonable returns and those returns might start to get less

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<v Speaker 2>reasonable in the near future. And basically, like your debt,

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<v Speaker 2>still even an environment of declining rates is still worth

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<v Speaker 2>paying off quickly. So if you've got credit card debt

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<v Speaker 2>and you're like, ah, it's instead of twenty two percent,

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<v Speaker 2>it's now twenty one and a half percent, that doesn't

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<v Speaker 2>make it good. It's still awful and you still want

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<v Speaker 2>to be rid of.

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<v Speaker 1>It as quickly as you can.

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<v Speaker 2>Unlike mortgage rates, right, so what we're not saying is

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<v Speaker 2>to pay down your thirty year three percent mortgage. But

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<v Speaker 2>this does bring up another question that comes up when

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<v Speaker 2>rates start to head down, and that is what is

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<v Speaker 2>going to happen with mortgage mortgage rates? What is the

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<v Speaker 2>future of home ownership and your you know what you're

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<v Speaker 2>paying to the bank. Who is servicing your loan has

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<v Speaker 2>a big impact on affordability, and they've already come down

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<v Speaker 2>quite a bit, I think in anticipation of these rate cuts, honestly,

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<v Speaker 2>to see if mortge rates continue to drop, because I

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<v Speaker 2>feel like they started taking down because all the banks

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<v Speaker 2>knew that this rate cut was coming. It had been

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<v Speaker 2>widely expected, it was broadcasted. Yes, yes, yeah, and so

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<v Speaker 2>because of that, mortgage rates don't follow exactly the Fed

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<v Speaker 2>Funds rate. There are a lot more factors involved in

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<v Speaker 2>sending mortgage rates.

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<v Speaker 1>Yeh.

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<v Speaker 2>Yeah, they're not directly tied. They're not going to see

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<v Speaker 2>in immediate drop. They don't move in tandem with the

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<v Speaker 2>Federal funds rate. It's simply an ingredient that goes into

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<v Speaker 2>the larger product. Yeah, right, Like it's a major ingredient.

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<v Speaker 2>It's like coke, right, and you're thinking, oh, well, i'm

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<v Speaker 2>drinking coke. I'm just drinking coke, right, And you're like, well,

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<v Speaker 2>take a look at the ingredients list. It's mostly carbonated water, yes,

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<v Speaker 2>but there's also some other stuff in there, like high fruit.

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<v Speaker 2>It's corn syrup, caffeine, caramel, color. Those things have an

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<v Speaker 2>impact on the overall coke as well. It's not just

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<v Speaker 2>the carbonated water. But speaking of buying, renting, it might

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<v Speaker 2>be better no matter how much money you have. The

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<v Speaker 2>Journal they actually had an article about really wealthy folks

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<v Speaker 2>who could easily afford to buy a home but who

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<v Speaker 2>are instead opting to rent, and the reason is because

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<v Speaker 2>there aren't enough homes on the market that they're interested in. Granted,

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<v Speaker 2>a big part of this article is focusing on some

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<v Speaker 2>ultra rich folks like this one guy's paying nineteen thousand

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<v Speaker 2>dollars a month for his super swinky apartment in Manhattan.

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<v Speaker 2>That sounds reasonable, seems totally relatable, But the truth is

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<v Speaker 2>renting is cheaper in today's housing environment in almost every

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<v Speaker 2>single one of the top fifty metro areas. It's not

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<v Speaker 2>always an easy choice. And I think the rent versus

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<v Speaker 2>by decision it's going to look different for everyone, but

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<v Speaker 2>certainly something to consider. Yeah, and I do think that

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<v Speaker 2>with rates coming down, it is going to cause some

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<v Speaker 2>of those folks Matt who are on the sidelines. They're like,

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<v Speaker 2>I want to buy a house, but seven and a

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<v Speaker 2>half plus percent interest rates and plus the what's going

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<v Speaker 2>on with housing prices, that's got to be priced out.

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<v Speaker 2>But if we're talking about more six percent interest rates.

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<v Speaker 2>That might cause some more sellers to join in, and

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<v Speaker 2>that might cause more buyers to have their interest peak too.

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<v Speaker 1>So I think that's good.

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<v Speaker 2>I think we might see more fluidity in the housing market.

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<v Speaker 2>It doesn't mean prices are coming down, but I think

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<v Speaker 2>affordability might get a little bit better. And there certainly

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<v Speaker 2>are going to be more options for folks. Yeah, more movement. Right,

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<v Speaker 2>let's talk about if you're going to get a mortgage.

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<v Speaker 2>What about getting a fifteen year mortgage? Well, Kiplinger says

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<v Speaker 2>more people should be considering one. I would say not

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<v Speaker 2>so fast, Kiplinger. But what they note in this article

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<v Speaker 2>is that you're going to be able to pay off

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<v Speaker 2>your home sooner duh, fifteen or fifteen years sooner. We

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<v Speaker 2>agree with that assessment, and that you're going to pay

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<v Speaker 2>less and overall interest, which is also true, but that

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<v Speaker 2>much larger mortgage payment could prevent you from attacking some

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<v Speaker 2>other really important financial goals. So we're not completely against

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<v Speaker 2>fifteen year home loans. And actually, when you look at

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<v Speaker 2>the spread on fifteen year mortgages Matt versus what you

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<v Speaker 2>pay interest right wise getting out taking out a thirty

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<v Speaker 2>year mortgage, the gap has grown, and fifteen year mortgages

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<v Speaker 2>have looked better in recent months in comparison to their

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<v Speaker 2>thirty year counterparts. And if you hate home dat, I

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<v Speaker 2>guess and you can afford it, I would consider going

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<v Speaker 2>this route. At least for some folks it might make

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<v Speaker 2>the most sense because it forces them to do the

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<v Speaker 2>right thing. But you can always choose to pay more

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<v Speaker 2>on a thirty year mortgage. And it's also important to

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<v Speaker 2>mention that if you if taking out a shorter mortgage

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<v Speaker 2>means foregoing let's say, contributing to or maxing out your

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<v Speaker 2>roth IRA, if it means not having a solid emergency fund,

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<v Speaker 2>if it means not investing for your future in ways

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<v Speaker 2>you otherwise would, it's not worth the trade off. But

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<v Speaker 2>if it prevents you, I guess, from doing sillier things

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<v Speaker 2>or not as intentional things with your money, then maybe

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<v Speaker 2>the fifteen year mortgage is the right thing for you.

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<v Speaker 2>That's right, Okay. We talked last week about rapidly growing

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<v Speaker 2>four to one K accounts, which we.

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<v Speaker 1>Love to see.

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<v Speaker 2>Well, guess what, five twenty nine plans have surpassed the

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<v Speaker 2>cool milestone as well, five hundred billion dollars in total assets,

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<v Speaker 2>woo Que, the streamers, and the wish I cant. Essentially,

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<v Speaker 2>the word is getting out about five twenty nine's and

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<v Speaker 2>as they've become more flexible, they're drawing more interest as

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<v Speaker 2>well as more dollars from parents around the country. So

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<v Speaker 2>it's worth addressing. Is this good news? What we would say?

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<v Speaker 1>Kind of.

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<v Speaker 2>I'm certainly glad that five twenty nine accounts are making

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<v Speaker 2>the headlines and the future wroth conversion possibilities. They certainly

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<v Speaker 2>do make five twenty nine funds more attractive, right. I

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<v Speaker 2>think that's what was keeping a lot of people on

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<v Speaker 2>the sidelines. They were afraid of their dollars getting locked

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<v Speaker 2>up and they didn't want to overfund those accounts. It's

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<v Speaker 2>like they were too the accounts were too inflexible, and

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<v Speaker 2>so people are too origid. I just don't know if

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<v Speaker 2>I want to lock my money up into that, And

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<v Speaker 2>that was completely understandable, totally yeah, and Kiplinger they also

0:10:28.720 --> 0:10:31.040
<v Speaker 2>noted another reason too, they think was because of the

0:10:31.080 --> 0:10:34.560
<v Speaker 2>fact there's a new grandparent loophole that was put into

0:10:34.559 --> 0:10:36.920
<v Speaker 2>place for the twenty four twenty twenty four twenty twenty

0:10:36.920 --> 0:10:39.920
<v Speaker 2>five school year, which is pretty stink and cool. Maybe

0:10:40.080 --> 0:10:42.920
<v Speaker 2>some listener will hear this and send in a listener question.

0:10:42.960 --> 0:10:45.280
<v Speaker 2>We can talk about this in depth a little bit more,

0:10:45.280 --> 0:10:47.559
<v Speaker 2>but it basically makes it to where you don't have

0:10:47.600 --> 0:10:50.040
<v Speaker 2>to report that on the FAFSA. So that being said,

0:10:50.080 --> 0:10:51.920
<v Speaker 2>it seems like this is only a good thing, right,

0:10:52.080 --> 0:10:54.240
<v Speaker 2>But on the other side of the coin five point

0:10:54.400 --> 0:10:56.280
<v Speaker 2>nine accounts, they really only make sense for folks who

0:10:56.360 --> 0:10:59.240
<v Speaker 2>are completely crushing it when it comes to their own

0:10:59.360 --> 0:11:02.760
<v Speaker 2>retirement accounts. First, if you are not doing that, we

0:11:02.800 --> 0:11:04.680
<v Speaker 2>want to make sure that folks are focusing on that

0:11:05.120 --> 0:11:08.480
<v Speaker 2>before you start to invest for your child's future education needs.

0:11:08.480 --> 0:11:11.360
<v Speaker 2>It's almost as if, like imagine a world where something

0:11:11.400 --> 0:11:14.320
<v Speaker 2>there is a new tweak, a modification to the roth

0:11:14.360 --> 0:11:16.719
<v Speaker 2>IRA and it just made it more attractive. I think

0:11:16.720 --> 0:11:19.400
<v Speaker 2>we would see a similar impact on the amount of

0:11:19.440 --> 0:11:22.280
<v Speaker 2>money going into roth IRA's, Yeah, because it just makes

0:11:22.320 --> 0:11:24.800
<v Speaker 2>the headlines, and anytime something is featured, I think it

0:11:24.880 --> 0:11:27.439
<v Speaker 2>draws more eyeballs, it draws more money into those accounts,

0:11:27.480 --> 0:11:30.200
<v Speaker 2>and we kind of see them swell a little bit. Yeah,

0:11:30.200 --> 0:11:31.800
<v Speaker 2>and we're not anti five twenty nine, but what we're

0:11:31.800 --> 0:11:33.400
<v Speaker 2>saying I guess is I got four of them set

0:11:33.480 --> 0:11:36.800
<v Speaker 2>up for my kids. Same, except I only have three kids.

0:11:37.679 --> 0:11:39.439
<v Speaker 2>But yeah, you don't want to get the cart before

0:11:39.520 --> 0:11:42.160
<v Speaker 2>the horse. And the truth is, like it's it's a

0:11:42.160 --> 0:11:44.560
<v Speaker 2>solid cart, like it's well built, but if you put

0:11:44.559 --> 0:11:47.599
<v Speaker 2>it before the horse, you're not going to get the

0:11:47.640 --> 0:11:49.679
<v Speaker 2>movement that you want. And so yeah, make sure that

0:11:49.720 --> 0:11:54.560
<v Speaker 2>you're looking after your own retirement accounts first, hopefully getting

0:11:54.720 --> 0:11:56.760
<v Speaker 2>closer to the point of maximos things out before you

0:11:56.760 --> 0:11:58.920
<v Speaker 2>really delve into that amount of just seen too many

0:11:58.920 --> 0:12:02.440
<v Speaker 2>folks barely getting the match from their employer nothing else.

0:12:02.480 --> 0:12:04.440
<v Speaker 2>Five to twenty nine plan is next on the agenda,

0:12:04.640 --> 0:12:06.959
<v Speaker 2>and that's too soon, Like you want to wait till

0:12:07.080 --> 0:12:09.680
<v Speaker 2>you've got a better game plan with your own retirement

0:12:09.679 --> 0:12:14.040
<v Speaker 2>accounts before you jump into that the five twenty nine investing. Okay,

0:12:14.040 --> 0:12:16.720
<v Speaker 2>speaking of kids, should you pay your kids to read?

0:12:17.000 --> 0:12:19.240
<v Speaker 2>I found this really interesting story in the New York

0:12:19.240 --> 0:12:20.959
<v Speaker 2>Times match. I don't know, are you paying your kids

0:12:21.000 --> 0:12:23.199
<v Speaker 2>money to read books? No? They do it of their

0:12:23.200 --> 0:12:26.080
<v Speaker 2>own volition. Yeah, all right, let's because you have really

0:12:26.080 --> 0:12:30.480
<v Speaker 2>great kids. And in my oldest she's like Belle and

0:12:30.480 --> 0:12:31.920
<v Speaker 2>Beauty and the Beasts, like walking around with a book

0:12:31.920 --> 0:12:34.440
<v Speaker 2>interface all the time, which I think is amazing. This

0:12:34.480 --> 0:12:36.280
<v Speaker 2>probably could have been the ludicrous headline of the week,

0:12:36.320 --> 0:12:38.800
<v Speaker 2>but the New York Times had an article and it

0:12:38.840 --> 0:12:41.560
<v Speaker 2>was written my parent who was saying that she paid

0:12:41.600 --> 0:12:44.880
<v Speaker 2>her kid one hundred bucks to read a book. That's

0:12:44.880 --> 0:12:46.280
<v Speaker 2>a lot of money. It is a lot of money.

0:12:46.280 --> 0:12:48.360
<v Speaker 2>I was like, one hundred dollars, that's crazy. She admits

0:12:48.360 --> 0:12:50.200
<v Speaker 2>that it was like this ploy of last resort and

0:12:50.200 --> 0:12:53.439
<v Speaker 2>that the conversation, yes, it's incredibly high, but that her

0:12:53.480 --> 0:12:56.520
<v Speaker 2>plan has actually worked. It's open the floodgates, causing her

0:12:56.600 --> 0:12:59.280
<v Speaker 2>her twelve year old daughter to start reading more regularly.

0:12:59.600 --> 0:13:01.160
<v Speaker 1>And I, I guess, I don't know.

0:13:01.200 --> 0:13:03.760
<v Speaker 2>I feel multiple ways about this, Like the parent, she's

0:13:03.960 --> 0:13:06.400
<v Speaker 2>trying to get her daughter to love reading. But I

0:13:06.440 --> 0:13:07.880
<v Speaker 2>want your opinion. Do you think she did the right

0:13:07.920 --> 0:13:11.120
<v Speaker 2>thing there? She's trying to provide it by incentivizing. So

0:13:11.320 --> 0:13:13.080
<v Speaker 2>she is she doing this with every single book or

0:13:13.120 --> 0:13:14.440
<v Speaker 2>is it just one book? No, so it was the

0:13:14.480 --> 0:13:17.199
<v Speaker 2>first book and hopes that would kind of lead to Okay,

0:13:17.240 --> 0:13:19.640
<v Speaker 2>I'm fine with that more perpetual reading. Well, it makes

0:13:19.679 --> 0:13:21.200
<v Speaker 2>me think back to when I was a kid in school.

0:13:21.240 --> 0:13:24.160
<v Speaker 2>We had this thing called accelerated reader, and I can't

0:13:24.200 --> 0:13:26.280
<v Speaker 2>remember if it was after every book that you read,

0:13:26.679 --> 0:13:29.480
<v Speaker 2>or maybe when you accumulated a certain number of points

0:13:29.559 --> 0:13:30.120
<v Speaker 2>or something like that.

0:13:30.160 --> 0:13:30.840
<v Speaker 1>But there's I.

0:13:30.840 --> 0:13:33.320
<v Speaker 2>Feel like there's like a pizza party involved in the class.

0:13:33.800 --> 0:13:35.880
<v Speaker 2>I recall us getting these vouchers for like a personal

0:13:35.880 --> 0:13:37.880
<v Speaker 2>pain pizza, Yes, at Pizza Hut.

0:13:37.960 --> 0:13:38.680
<v Speaker 1>I remember that too.

0:13:38.880 --> 0:13:40.560
<v Speaker 2>How did they not go bankrupt because there are so

0:13:40.600 --> 0:13:43.920
<v Speaker 2>many kids, Just think about one single school. That can't

0:13:43.920 --> 0:13:45.960
<v Speaker 2>be right. They weren't handing those out after every book

0:13:46.000 --> 0:13:46.600
<v Speaker 2>you read, not.

0:13:46.640 --> 0:13:47.719
<v Speaker 1>Every book, but I think it was.

0:13:47.880 --> 0:13:49.520
<v Speaker 2>It was like a summer reading program maybe and you

0:13:49.559 --> 0:13:50.959
<v Speaker 2>read a certain number and then you get the free

0:13:50.960 --> 0:13:53.440
<v Speaker 2>personal bank or sometimes you get tickets to like a

0:13:53.480 --> 0:13:57.560
<v Speaker 2>baseball game or something like that where I go. But

0:13:57.960 --> 0:14:01.160
<v Speaker 2>I remember the Pizza Hut coupons though, Yeah, stockpiling those

0:14:01.160 --> 0:14:03.520
<v Speaker 2>bad boys. But yeah, so I think I'm fine with that.

0:14:03.559 --> 0:14:06.199
<v Speaker 2>I'm fine incentivizing kids to do the things you want

0:14:06.200 --> 0:14:09.360
<v Speaker 2>them to do. It's unfortunate I guess that more kids

0:14:09.400 --> 0:14:11.880
<v Speaker 2>aren't naturally reading, But it's because I think this is more.

0:14:12.120 --> 0:14:14.520
<v Speaker 2>This is less money and more like social issues or whatever.

0:14:14.559 --> 0:14:16.920
<v Speaker 2>But there's just other flashier things that they're drawn to,

0:14:17.120 --> 0:14:21.320
<v Speaker 2>like video games, movies, TV, social media, right, like, there

0:14:21.320 --> 0:14:23.920
<v Speaker 2>are all these other things as opposed to finding ways

0:14:23.920 --> 0:14:27.480
<v Speaker 2>to elevate reading. And I mean our kids, they really

0:14:27.480 --> 0:14:29.520
<v Speaker 2>do love reading. And I think it's in part because

0:14:29.520 --> 0:14:31.800
<v Speaker 2>we have pursued it as a family. Like I mean

0:14:31.840 --> 0:14:33.640
<v Speaker 2>I try to read, like at dinner every night, like

0:14:33.680 --> 0:14:36.000
<v Speaker 2>ten to twenty minutes. I eat faster than the kids

0:14:36.040 --> 0:14:37.880
<v Speaker 2>do and they're still eating and Kate and I are just

0:14:37.880 --> 0:14:40.480
<v Speaker 2>like looking at each other, so like we've been doing

0:14:40.520 --> 0:14:42.080
<v Speaker 2>this for years now, but we read as a family.

0:14:42.280 --> 0:14:45.720
<v Speaker 2>Right now, we're doing Wing feather Saga is like the

0:14:45.760 --> 0:14:47.600
<v Speaker 2>series that we're going through right now. But the kids

0:14:47.680 --> 0:14:49.840
<v Speaker 2>love it. I have literally said to them before, Hey,

0:14:50.520 --> 0:14:53.680
<v Speaker 2>if you disobey mommy again, we're gonna take away your

0:14:53.680 --> 0:14:56.840
<v Speaker 2>new library books. Yeah, like as a punishment, because that's

0:14:56.840 --> 0:14:59.440
<v Speaker 2>something that they enjoy doing so much. But I think

0:14:59.440 --> 0:15:02.160
<v Speaker 2>there are ways that we can elevate it throughout their lives,

0:15:02.200 --> 0:15:05.280
<v Speaker 2>as opposed to just having the expensive sort of carrot

0:15:05.320 --> 0:15:06.800
<v Speaker 2>at the end of the stick, you know. Yeah, and

0:15:07.040 --> 0:15:08.440
<v Speaker 2>if you're trying to do that with every book, that

0:15:08.560 --> 0:15:10.880
<v Speaker 2>get expensive real real quick. Sure, But I think that

0:15:11.000 --> 0:15:13.200
<v Speaker 2>the one time thing and trying to incentivize something to

0:15:13.240 --> 0:15:15.280
<v Speaker 2>try to build a habit that's one piece of the

0:15:15.280 --> 0:15:17.520
<v Speaker 2>puzzle maybe, and trying to help build that habit. It

0:15:17.520 --> 0:15:20.480
<v Speaker 2>makes me think, though, I like, I bribe my daughter.

0:15:20.800 --> 0:15:23.200
<v Speaker 2>I give her a free book, I'll buy her book.

0:15:23.240 --> 0:15:25.120
<v Speaker 2>It's a use book if she gets a hundred on

0:15:25.160 --> 0:15:26.920
<v Speaker 2>her spelling test. And so we work our butts off

0:15:27.120 --> 0:15:28.840
<v Speaker 2>to try to get a hundred on the spelling test

0:15:28.880 --> 0:15:30.960
<v Speaker 2>every week. And so that is a bribe of sorts,

0:15:31.200 --> 0:15:31.960
<v Speaker 2>but it's a bribe.

0:15:32.000 --> 0:15:32.280
<v Speaker 1>Also.

0:15:32.520 --> 0:15:34.600
<v Speaker 2>The incentivizes are not only to do well in spelling,

0:15:34.640 --> 0:15:37.240
<v Speaker 2>but to keep reading. So and I'm not even opposed

0:15:37.240 --> 0:15:39.400
<v Speaker 2>to just the pure cash bribe as well, just to

0:15:39.480 --> 0:15:41.720
<v Speaker 2>kind of like get the ball rolling, you know. It's

0:15:41.720 --> 0:15:44.840
<v Speaker 2>like like there needs to be an initial behavior change element.

0:15:45.000 --> 0:15:45.800
<v Speaker 1>Yeah, and play. Well.

0:15:45.840 --> 0:15:48.400
<v Speaker 2>The truth is we're human. And so if someone asked

0:15:48.400 --> 0:15:50.160
<v Speaker 2>me to stop doing a bad habit and I was like,

0:15:50.280 --> 0:15:51.720
<v Speaker 2>what's in it for me? And they were going to

0:15:51.760 --> 0:15:53.680
<v Speaker 2>pay me money to do it, I would breathe really

0:15:54.000 --> 0:15:56.040
<v Speaker 2>would my ears a perk up. I'd be interested. So

0:15:56.600 --> 0:15:59.040
<v Speaker 2>at first I think I revolted against the story. I

0:15:59.080 --> 0:16:01.600
<v Speaker 2>was like, that seems weird. At first, You're being judgmental. Yeah,

0:16:01.600 --> 0:16:03.120
<v Speaker 2>the more I thought about it, I was like, actually

0:16:03.240 --> 0:16:05.960
<v Speaker 2>that might make sense fair enough, Yeah, and kids respond

0:16:06.000 --> 0:16:07.680
<v Speaker 2>to those incentives or We've got more to get to

0:16:07.800 --> 0:16:10.080
<v Speaker 2>on this episode. And clear we're we're talking about expensive

0:16:10.200 --> 0:16:21.040
<v Speaker 2>mental health. We'll get to that and more right after this, Right, Joel,

0:16:21.080 --> 0:16:22.960
<v Speaker 2>we are back from the break and guess what it is?

0:16:23.040 --> 0:16:25.680
<v Speaker 2>Time now for the ludicrous headline of the week. This

0:16:25.840 --> 0:16:29.360
<v Speaker 2>one is from WBZ. This is a local more of

0:16:29.400 --> 0:16:32.880
<v Speaker 2>a local story, I guess WBZ in Boston. Listener Gary

0:16:33.040 --> 0:16:35.160
<v Speaker 2>sent this one our away. Thank you, Gary, and the

0:16:35.160 --> 0:16:39.200
<v Speaker 2>headline reads, fight over seventy thousand dollars engagement ring heads

0:16:39.200 --> 0:16:42.320
<v Speaker 2>to State Supreme Court. Sounds like there's some drama involved

0:16:42.320 --> 0:16:44.720
<v Speaker 2>in this one. Yeah, some relational drama. First of all,

0:16:45.040 --> 0:16:48.080
<v Speaker 2>that's one heck of an expensive engagement ring. Is it

0:16:48.160 --> 0:16:50.480
<v Speaker 2>still three months salary? Joel, you and I have said,

0:16:50.640 --> 0:16:52.240
<v Speaker 2>I don't know that we've demnked that a little bit.

0:16:52.320 --> 0:16:56.200
<v Speaker 2>But if that's what you're assuming, this guy's doing quite well.

0:16:56.280 --> 0:16:58.720
<v Speaker 2>He's a baller if that's the case. But the crux

0:16:59.120 --> 0:17:02.120
<v Speaker 2>of this issue of the story is whether an engagement

0:17:02.240 --> 0:17:05.760
<v Speaker 2>ring is a conditional or unconditional gift? Is it a

0:17:05.880 --> 0:17:07.960
<v Speaker 2>nice present? That the recipient gets to keep no matter what,

0:17:08.119 --> 0:17:10.399
<v Speaker 2>or is it more along the lines of, Hey, if

0:17:10.400 --> 0:17:14.240
<v Speaker 2>we don't get married, I'm expecting that ring back. Personally, Joel,

0:17:14.440 --> 0:17:18.040
<v Speaker 2>I'm kind of that thinking. It's called an engagement ring, right,

0:17:18.080 --> 0:17:20.840
<v Speaker 2>and so plus I can like picture that in movies, right,

0:17:20.920 --> 0:17:23.280
<v Speaker 2>like if you call off the engagement, she like takes

0:17:23.280 --> 0:17:25.159
<v Speaker 2>off the ring, hands it back. It's sometimes throws it

0:17:25.160 --> 0:17:27.199
<v Speaker 2>at his face, depending on what he's depending on what

0:17:27.280 --> 0:17:29.960
<v Speaker 2>movie that you're watching. But uh, yeah, what do you think.

0:17:30.000 --> 0:17:32.359
<v Speaker 2>I think if yeah, if you got someone an engagement present,

0:17:32.600 --> 0:17:34.159
<v Speaker 2>like a Oh I get you a purse because I

0:17:34.200 --> 0:17:36.200
<v Speaker 2>love you, or I got you a suit jacket because

0:17:36.200 --> 0:17:38.200
<v Speaker 2>I love you, whatever it is, that's that's cool, keep

0:17:38.200 --> 0:17:40.320
<v Speaker 2>that thing. But the engagement ring does feel a little different.

0:17:40.359 --> 0:17:43.199
<v Speaker 2>Although state laws around the country, as I looked into this,

0:17:43.600 --> 0:17:45.840
<v Speaker 2>they're all different. He didn't do this, yeah, they Oh,

0:17:46.200 --> 0:17:48.760
<v Speaker 2>they have different takes on whether or not it's considered

0:17:48.840 --> 0:17:51.600
<v Speaker 2>conditional or unconditional. Oh shut up, And sometimes it depends

0:17:51.800 --> 0:17:55.199
<v Speaker 2>on the behavior of the parties involved. And so I

0:17:55.200 --> 0:17:57.520
<v Speaker 2>think part of the reason that that this this dude

0:17:57.600 --> 0:18:00.560
<v Speaker 2>is essentially saying give him a ring back because it's

0:18:00.600 --> 0:18:04.399
<v Speaker 2>really expensive. But two, because he's he's insinuating that she

0:18:04.560 --> 0:18:07.440
<v Speaker 2>did things that were untoward and she's like, no, I didn't.

0:18:07.440 --> 0:18:08.200
<v Speaker 1>What are you talking about?

0:18:08.960 --> 0:18:11.480
<v Speaker 2>So I don't know where I side down this too.

0:18:11.480 --> 0:18:13.879
<v Speaker 2>I think I also decided to, like, all, if you're

0:18:13.880 --> 0:18:15.159
<v Speaker 2>not going to go through with it, it's called an

0:18:15.200 --> 0:18:15.800
<v Speaker 2>engagement ring.

0:18:15.800 --> 0:18:16.600
<v Speaker 1>Should I'll give it back.

0:18:16.640 --> 0:18:18.600
<v Speaker 2>It's like to me, it's an external signal of your

0:18:18.600 --> 0:18:21.320
<v Speaker 2>intention to get married, right, like, oh, and the story

0:18:21.359 --> 0:18:23.119
<v Speaker 2>said that he you know, they called it off, and

0:18:23.200 --> 0:18:26.560
<v Speaker 2>he called it off in particular here shortly after they

0:18:26.600 --> 0:18:29.320
<v Speaker 2>got engaged. It would be different if they had gotten married.

0:18:29.440 --> 0:18:31.000
<v Speaker 2>That's a whole other thing. Let's say they've been married,

0:18:31.040 --> 0:18:33.760
<v Speaker 2>even for like a couple of years. I would say,

0:18:33.840 --> 0:18:36.159
<v Speaker 2>all right, she probably gets to keep it, like you

0:18:36.600 --> 0:18:38.680
<v Speaker 2>actually got married, Like that was the intent behind the

0:18:38.720 --> 0:18:40.680
<v Speaker 2>engagement ring, is the signal that, like, we are going

0:18:40.720 --> 0:18:42.960
<v Speaker 2>to get married. But there's a difference there between just

0:18:42.960 --> 0:18:45.200
<v Speaker 2>being engaged, I think and actually getting married.

0:18:45.280 --> 0:18:45.960
<v Speaker 1>Yeah, but I don't know.

0:18:45.960 --> 0:18:49.200
<v Speaker 2>It's an interesting story, and you could find yourself in

0:18:49.240 --> 0:18:53.199
<v Speaker 2>some legal limbo. I guess if you are engaged and

0:18:53.200 --> 0:18:55.240
<v Speaker 2>it doesn't come there, And that just stinks to the

0:18:55.280 --> 0:18:57.560
<v Speaker 2>relationship fell apart. But that's a lot of money at

0:18:57.600 --> 0:18:59.879
<v Speaker 2>stake and another reason Matt to be a little more frugal.

0:19:00.040 --> 0:19:02.560
<v Speaker 1>Think with your your engagement ring choice.

0:19:02.480 --> 0:19:04.880
<v Speaker 2>You never know and evidently depends on in which state

0:19:04.920 --> 0:19:08.520
<v Speaker 2>you reside. Yeah, maybe that couple could have used some therapy, jol.

0:19:08.760 --> 0:19:10.760
<v Speaker 2>I'm sure they could afford it based on how much

0:19:10.800 --> 0:19:12.760
<v Speaker 2>it was a Tiffany's engager ring. Seventy thousand dollars.

0:19:12.840 --> 0:19:13.640
<v Speaker 1>Yeah, so expensive.

0:19:13.880 --> 0:19:16.960
<v Speaker 2>But there's an article this week about how expensive therapy

0:19:17.040 --> 0:19:20.920
<v Speaker 2>can be. We've as a culture, we've destigmatized mental health,

0:19:20.960 --> 0:19:25.000
<v Speaker 2>but that doesn't mean it's gotten more financially accessible. Although

0:19:25.119 --> 0:19:27.439
<v Speaker 2>more insurance companies are going to help to pay for

0:19:27.480 --> 0:19:31.200
<v Speaker 2>some therapy, that being said, most therapists don't take insurance. Yeah,

0:19:31.280 --> 0:19:33.680
<v Speaker 2>so it's kind of like the reservation skit on Seinfeld.

0:19:33.720 --> 0:19:35.359
<v Speaker 2>It's like, you know how to take the reservation, you

0:19:35.440 --> 0:19:37.880
<v Speaker 2>just not how to keep it. There's a disconnect here. Yeah,

0:19:37.880 --> 0:19:39.760
<v Speaker 2>and it's like, Okay, well cool, insurance is going to

0:19:39.800 --> 0:19:41.960
<v Speaker 2>pay for therapy, but nobody wants to accept it, and

0:19:42.000 --> 0:19:43.840
<v Speaker 2>then you're you're kind of stuck between a rock and

0:19:43.840 --> 0:19:46.760
<v Speaker 2>a hard place, right Like sometimes like oftentimes is it

0:19:46.800 --> 0:19:48.879
<v Speaker 2>I feel like the going rate. We've talked about the

0:19:48.920 --> 0:19:51.280
<v Speaker 2>sum with Emily being in school to be a counselor,

0:19:51.320 --> 0:19:54.240
<v Speaker 2>like one fifty a session does not see safeties like

0:19:54.280 --> 0:19:56.119
<v Speaker 2>table stakes. Now, man, oh, is it really Yeah? So

0:19:56.160 --> 0:19:57.960
<v Speaker 2>it's even more so. Yeah, and especially if you're a

0:19:57.960 --> 0:20:00.639
<v Speaker 2>couple going to Marrorg's therapy, we're definitely talking two bills

0:20:00.720 --> 0:20:04.560
<v Speaker 2>or more, maybe closer to two fifty. And so there

0:20:04.600 --> 0:20:06.439
<v Speaker 2>was this recent survey man, I found that something like

0:20:07.000 --> 0:20:09.640
<v Speaker 2>a third of people were going to therapy. Theyre felt

0:20:09.680 --> 0:20:11.560
<v Speaker 2>like they were being helped by it, but they felt

0:20:11.560 --> 0:20:13.760
<v Speaker 2>like they had to actually stop going to therapy in

0:20:13.920 --> 0:20:16.000
<v Speaker 2>order to save money because it adds up. I mean like, really,

0:20:16.000 --> 0:20:17.720
<v Speaker 2>you go three times a month, that's a that's a

0:20:17.760 --> 0:20:20.399
<v Speaker 2>car payment, the average car payment in the United States.

0:20:20.480 --> 0:20:23.000
<v Speaker 2>It really, it really can be quite expensive. And I

0:20:23.040 --> 0:20:26.000
<v Speaker 2>want to say this too because I think initially when

0:20:26.040 --> 0:20:28.600
<v Speaker 2>I when Emily and I were talking and I was like, oh,

0:20:28.600 --> 0:20:30.280
<v Speaker 2>you can get that much per hour, You're going to

0:20:30.320 --> 0:20:34.040
<v Speaker 2>be rolling in the dough. And she was like, well, well, one,

0:20:34.200 --> 0:20:35.879
<v Speaker 2>there's the time that it takes to go to school,

0:20:35.880 --> 0:20:37.439
<v Speaker 2>There's the money that it takes to go to school,

0:20:37.640 --> 0:20:40.040
<v Speaker 2>There's the facility that you have to rent in order

0:20:40.040 --> 0:20:42.439
<v Speaker 2>to see people. Although there's more zoom therapy now, but

0:20:42.480 --> 0:20:44.320
<v Speaker 2>there's like all there's the insurance you have to have

0:20:44.359 --> 0:20:46.760
<v Speaker 2>as a therapist. It's not like they're just pocketing one

0:20:46.800 --> 0:20:48.520
<v Speaker 2>hundred and eighty bucks an hour. And it's not like

0:20:48.520 --> 0:20:51.480
<v Speaker 2>you're working eight hour. It's not like a plumber, right

0:20:51.680 --> 0:20:53.240
<v Speaker 2>or I don't know, it's not like a lot we

0:20:53.280 --> 0:20:54.600
<v Speaker 2>have to drive to and from their jobs.

0:20:54.760 --> 0:20:55.560
<v Speaker 1>Yeah, like there are.

0:20:55.520 --> 0:20:57.439
<v Speaker 2>Periods of time when you're not working as opposed to

0:20:58.080 --> 0:20:59.719
<v Speaker 2>like I guess I'm thinking of a lawyer who can

0:20:59.720 --> 0:21:02.000
<v Speaker 2>build hourly and it's typically is like you just sit

0:21:02.040 --> 0:21:04.240
<v Speaker 2>there at your desk and you continue to work pretty much.

0:21:04.480 --> 0:21:06.600
<v Speaker 2>You know, you break for lunch and whatever else you

0:21:06.600 --> 0:21:09.160
<v Speaker 2>need to do. But yeah, you're not seeing like clients

0:21:09.160 --> 0:21:11.680
<v Speaker 2>back to back back exactly for nine clients in a day.

0:21:11.680 --> 0:21:14.800
<v Speaker 2>There's some big old gaps. Yeah, get those dollars signs

0:21:14.800 --> 0:21:15.560
<v Speaker 2>out of your eyes aol.

0:21:15.640 --> 0:21:17.320
<v Speaker 1>Yeah, Yeah, I had to.

0:21:17.400 --> 0:21:18.960
<v Speaker 2>I had to, like, oh I got, I got me

0:21:19.000 --> 0:21:20.879
<v Speaker 2>a sugar mama, right, I'd get I had to re

0:21:20.920 --> 0:21:24.359
<v Speaker 2>align my expectations there. But yeah, I think it's important

0:21:24.400 --> 0:21:26.280
<v Speaker 2>to mention that mentioned that that that's part of why

0:21:26.359 --> 0:21:29.000
<v Speaker 2>it's so expensive, But it's also sad that it's financially

0:21:29.040 --> 0:21:31.520
<v Speaker 2>inaccessible to so many people. So what should you do

0:21:31.600 --> 0:21:33.000
<v Speaker 2>out there? I feel like I would love to go

0:21:33.040 --> 0:21:35.600
<v Speaker 2>see somebody, I would love to do some talk therapy,

0:21:35.760 --> 0:21:38.320
<v Speaker 2>but it does feel like I can't do it because

0:21:38.560 --> 0:21:41.400
<v Speaker 2>how crazy expensive it is. Well, one check and see

0:21:41.400 --> 0:21:44.840
<v Speaker 2>if there are nonprofits in your area that offer discounted

0:21:44.880 --> 0:21:47.399
<v Speaker 2>access to talk therapy. Those exist, and those can make

0:21:47.400 --> 0:21:50.200
<v Speaker 2>a big difference. Check and see if your employer offers

0:21:50.240 --> 0:21:54.120
<v Speaker 2>access to mental health services or will pay for some therapy,

0:21:54.440 --> 0:21:57.960
<v Speaker 2>especially if you had a traumatic event. Oftentimes there's like

0:21:58.040 --> 0:22:00.040
<v Speaker 2>money from employers Matt that will help pay for some

0:22:00.080 --> 0:22:02.840
<v Speaker 2>of that. Some therapists, like I said, do accept insurance,

0:22:03.200 --> 0:22:05.600
<v Speaker 2>and others will charge on a sliding scale depending on

0:22:05.600 --> 0:22:08.440
<v Speaker 2>your income. So it's worth asking about that too. Maybe

0:22:08.480 --> 0:22:11.560
<v Speaker 2>you find out, hey, my insurance does cover some mental

0:22:11.560 --> 0:22:14.800
<v Speaker 2>health help, and I'm gonna do my darkness to find

0:22:14.920 --> 0:22:18.760
<v Speaker 2>a practitioner who accepts that insurance. And I think this

0:22:18.840 --> 0:22:21.440
<v Speaker 2>is maybe under sold too, But How'm I gonna talk

0:22:21.440 --> 0:22:22.840
<v Speaker 2>with a friend going for a hike or a walk

0:22:22.920 --> 0:22:24.760
<v Speaker 2>or something like that. I know they're not trained in

0:22:24.800 --> 0:22:28.119
<v Speaker 2>the same way, but that can actually be a free

0:22:28.119 --> 0:22:30.359
<v Speaker 2>way to unburden some of those things that you've got

0:22:30.440 --> 0:22:33.159
<v Speaker 2>on your mind, get you thinking about certain events in

0:22:33.200 --> 0:22:35.240
<v Speaker 2>a healthier way. Perhaps, what do you think.

0:22:35.119 --> 0:22:37.840
<v Speaker 1>About again, I know it's not the same. I'm just saying, yeah, I.

0:22:37.920 --> 0:22:40.000
<v Speaker 2>Get what you're saying, though, because I mean, sometimes you

0:22:40.040 --> 0:22:42.199
<v Speaker 2>just need space and for someone to kind of like

0:22:42.200 --> 0:22:44.320
<v Speaker 2>ask some questions. And I think part of the loneliness

0:22:44.359 --> 0:22:47.000
<v Speaker 2>epidemic that we were going through as a country is

0:22:47.000 --> 0:22:48.399
<v Speaker 2>because we're not hanging out with friends as much on

0:22:48.480 --> 0:22:49.919
<v Speaker 2>that people to talk. We feel like we need to

0:22:49.920 --> 0:22:52.680
<v Speaker 2>professionalize everything. And that's true. Again, my wife's studying to

0:22:52.680 --> 0:22:54.600
<v Speaker 2>be a professional there, but she's awesome at it. And

0:22:54.960 --> 0:22:57.000
<v Speaker 2>why are you talking down the industry, Joals. I'm just

0:22:57.000 --> 0:22:59.879
<v Speaker 2>saying like that, if we have had more people in

0:23:00.040 --> 0:23:03.119
<v Speaker 2>our communities and in our neighbors that we're more connected to,

0:23:03.480 --> 0:23:05.800
<v Speaker 2>we might find that we needed to professionalize that just

0:23:05.800 --> 0:23:08.159
<v Speaker 2>a little less. I totally agree on the note of

0:23:08.200 --> 0:23:10.959
<v Speaker 2>mental health. Put down your phone after work hours, folks.

0:23:11.240 --> 0:23:13.280
<v Speaker 2>This isn't going to be shocking, but a recent survey

0:23:13.359 --> 0:23:16.320
<v Speaker 2>found that responding to work emails after hours, it's going

0:23:16.359 --> 0:23:19.600
<v Speaker 2>to lead the burnout. Yet the majority of Americans are

0:23:19.680 --> 0:23:21.600
<v Speaker 2>doing this very thing because they feel like they have to.

0:23:22.080 --> 0:23:25.080
<v Speaker 2>And so is that actually true though, Like do they

0:23:25.119 --> 0:23:25.960
<v Speaker 2>have to get back.

0:23:25.800 --> 0:23:27.320
<v Speaker 1>To their boss or do they just feel like that

0:23:27.560 --> 0:23:27.760
<v Speaker 1>or do you?

0:23:27.840 --> 0:23:29.879
<v Speaker 2>Yeah, Like, if your boss expects that you're going to

0:23:29.920 --> 0:23:33.359
<v Speaker 2>respond immediately, even if it's dinner time, I don't know.

0:23:33.400 --> 0:23:35.479
<v Speaker 2>I might say it might it could be time for

0:23:35.920 --> 0:23:38.440
<v Speaker 2>like a heart to heart sort of conversation with your boss.

0:23:38.440 --> 0:23:42.280
<v Speaker 2>Maybe you can negotiate some new expectations on both ends.

0:23:42.280 --> 0:23:44.800
<v Speaker 2>But the truth is, and this is another story we

0:23:44.880 --> 0:23:47.720
<v Speaker 2>came across the c suite, the upper crust in the

0:23:47.720 --> 0:23:51.639
<v Speaker 2>workplace hierarchy. They are doing it, so maybe you should

0:23:51.720 --> 0:23:55.520
<v Speaker 2>consider it as well. More CEOs are migrating back to

0:23:55.640 --> 0:23:59.800
<v Speaker 2>dumb phones basically in order to reduce interruptions within their

0:24:00.080 --> 0:24:03.280
<v Speaker 2>within their workday. There is a bit of, uh, sort

0:24:03.280 --> 0:24:05.320
<v Speaker 2>of like an anti tech movement that's happening, Joel, and

0:24:05.920 --> 0:24:08.280
<v Speaker 2>I think embracing it, at least in moderation could help

0:24:08.400 --> 0:24:11.920
<v Speaker 2>your personal as well as your professional life. That being said,

0:24:12.160 --> 0:24:13.679
<v Speaker 2>I don't want people to think that they have to

0:24:13.760 --> 0:24:17.800
<v Speaker 2>spend more money on these new gadgets that are going

0:24:17.840 --> 0:24:20.199
<v Speaker 2>to cost you money. That are dumb. I saw that

0:24:20.240 --> 0:24:21.760
<v Speaker 2>the you know what I'm saying, the new light phones

0:24:21.800 --> 0:24:24.480
<v Speaker 2>coming out and the version three. What's what's the price

0:24:24.440 --> 0:24:26.639
<v Speaker 2>of the eight hundred bucks? Oh, it's the same prices

0:24:26.680 --> 0:24:27.160
<v Speaker 2>as my phone.

0:24:27.280 --> 0:24:27.879
<v Speaker 1>Ridiculous.

0:24:27.880 --> 0:24:30.280
<v Speaker 2>It's so stupid. And so this is where we can

0:24:30.400 --> 0:24:32.880
<v Speaker 2>fall into that trap of consumption and thinking that, oh,

0:24:32.960 --> 0:24:35.080
<v Speaker 2>I got to consume in order to fix all my problems.

0:24:35.080 --> 0:24:38.720
<v Speaker 2>But sometimes yes, certain tools are helpful and they can

0:24:38.760 --> 0:24:40.400
<v Speaker 2>allow us to achieve some of the goals that we're

0:24:40.400 --> 0:24:43.159
<v Speaker 2>looking to achieve. But don't forget about self discipline and

0:24:43.200 --> 0:24:44.960
<v Speaker 2>the fact that it's takes Like you can buy that

0:24:45.000 --> 0:24:47.280
<v Speaker 2>stupid phone, it's been eight hundred bucks on a light phone,

0:24:47.800 --> 0:24:49.400
<v Speaker 2>but if you don't use it, and if you still

0:24:49.440 --> 0:24:51.520
<v Speaker 2>go back to the one that's pinging you from work,

0:24:51.800 --> 0:24:53.920
<v Speaker 2>turn off your notifications. First of all, I think that's

0:24:53.920 --> 0:24:56.760
<v Speaker 2>a super easy way to minimize some of the distractions

0:24:56.800 --> 0:24:59.400
<v Speaker 2>and minimize interruptions in your personal life. But in another room,

0:24:59.400 --> 0:25:01.000
<v Speaker 2>to put it in the room, set like draw a

0:25:01.040 --> 0:25:02.639
<v Speaker 2>line in the sand and set some rules around so

0:25:02.680 --> 0:25:05.359
<v Speaker 2>when you try off notifications, like the badge notifications will

0:25:05.400 --> 0:25:08.360
<v Speaker 2>go away as well, like the little red number down

0:25:08.359 --> 0:25:11.040
<v Speaker 2>there on your email. I don't want to be notified.

0:25:11.160 --> 0:25:12.760
<v Speaker 2>I don't want there to be a banner that pops

0:25:12.800 --> 0:25:14.760
<v Speaker 2>up on my phone every single time that I receive

0:25:14.800 --> 0:25:18.160
<v Speaker 2>an email. And I know that we're maybe speaking from

0:25:18.160 --> 0:25:21.520
<v Speaker 2>a position of luxury jeel like, this is the ability

0:25:21.560 --> 0:25:23.479
<v Speaker 2>for us to be our own boss. Some folks out

0:25:23.480 --> 0:25:24.879
<v Speaker 2>there might be saying, well, good for you, guys, I

0:25:24.920 --> 0:25:25.640
<v Speaker 2>can't actually do.

0:25:25.640 --> 0:25:26.960
<v Speaker 1>That, but I have a real boss.

0:25:26.960 --> 0:25:29.680
<v Speaker 2>And he said, but what I guess what we're maybe

0:25:29.760 --> 0:25:32.200
<v Speaker 2>highlighting here is it is something that is worth fighting for,

0:25:32.320 --> 0:25:34.480
<v Speaker 2>and it's honestly, it is the number one reason to

0:25:34.520 --> 0:25:37.840
<v Speaker 2>consider working for yourself. And your boss actually might expect

0:25:37.920 --> 0:25:41.600
<v Speaker 2>that you're gonna reply quickly because you normally reply quickly,

0:25:41.760 --> 0:25:44.560
<v Speaker 2>and so you might have set an expectation by just

0:25:44.600 --> 0:25:47.280
<v Speaker 2>how responsive you've been. And so maybe that's part of

0:25:47.280 --> 0:25:49.840
<v Speaker 2>the heart to heart is saying, listen, I have been responsive,

0:25:50.080 --> 0:25:53.720
<v Speaker 2>but I'm trying to like detox some of the tech

0:25:53.800 --> 0:25:56.679
<v Speaker 2>that's happening in my life in the evening times. And

0:25:56.760 --> 0:25:59.200
<v Speaker 2>so you know, if you say I need to check

0:25:59.240 --> 0:26:01.399
<v Speaker 2>my email one time, I at nine pm before I

0:26:01.520 --> 0:26:03.400
<v Speaker 2>like hit the hay or whatever, maybe that's the one

0:26:03.400 --> 0:26:04.840
<v Speaker 2>thing you give on. But I'm not going to be

0:26:04.880 --> 0:26:08.000
<v Speaker 2>responding at all hours of the evening because I want

0:26:08.040 --> 0:26:10.080
<v Speaker 2>to enjoy that time. And you're right, I think what

0:26:10.200 --> 0:26:13.240
<v Speaker 2>is Australia that basically made it illegal for bosses now

0:26:13.480 --> 0:26:14.360
<v Speaker 2>to contact.

0:26:14.040 --> 0:26:14.719
<v Speaker 1>You in the evening.

0:26:15.280 --> 0:26:17.439
<v Speaker 2>I don't know if we need a law, but we

0:26:17.480 --> 0:26:20.920
<v Speaker 2>do maybe need more open lines of communication. And yes,

0:26:21.240 --> 0:26:23.480
<v Speaker 2>it makes me think of actually what happened this week

0:26:23.520 --> 0:26:27.240
<v Speaker 2>with with Amazon. We're living in a far less worker

0:26:27.320 --> 0:26:30.400
<v Speaker 2>centric environment than we were a couple of years ago.

0:26:30.800 --> 0:26:34.320
<v Speaker 2>Amazon is calling employees back to the office full time

0:26:34.400 --> 0:26:38.120
<v Speaker 2>starting in January, and there are some unhappy Amazon employees

0:26:38.119 --> 0:26:40.000
<v Speaker 2>out there, even though I think that I saw also

0:26:40.080 --> 0:26:42.840
<v Speaker 2>that they gave that Amazon employees now have free access

0:26:42.840 --> 0:26:45.359
<v Speaker 2>to Prime. Sorry, that's not gonna that's not going to

0:26:45.440 --> 0:26:46.520
<v Speaker 2>make up for the fact that you got to go

0:26:46.520 --> 0:26:48.239
<v Speaker 2>back to the office. I did see that part. I

0:26:48.280 --> 0:26:51.120
<v Speaker 2>was like, they I should have free access to Amazon. Yeah,

0:26:51.160 --> 0:26:53.119
<v Speaker 2>they didn't have it already. Come on, it was like

0:26:53.240 --> 0:26:57.040
<v Speaker 2>way too cheap. So it's not just Amazon. The percentage

0:26:57.080 --> 0:27:00.159
<v Speaker 2>of time the average American is working from home has

0:27:00.240 --> 0:27:03.679
<v Speaker 2>dropped actually quite a bit since twenty twenty, when of course,

0:27:03.840 --> 0:27:05.879
<v Speaker 2>that was the way a lot of business had to

0:27:05.920 --> 0:27:09.040
<v Speaker 2>be conducted. We just weren't doing anything in person. And

0:27:09.080 --> 0:27:10.240
<v Speaker 2>I think we're going to see more of this. I

0:27:10.240 --> 0:27:13.120
<v Speaker 2>think this Amazon putting the foot down five days a week,

0:27:13.119 --> 0:27:15.280
<v Speaker 2>you're coming back into the office or you're out of here.

0:27:15.640 --> 0:27:18.640
<v Speaker 2>Those sorts of ultimatums are ramping up. And then when

0:27:18.680 --> 0:27:21.440
<v Speaker 2>a company as big as Amazon does it that, we're

0:27:21.440 --> 0:27:23.800
<v Speaker 2>going to see more employers follow suits. It's true, and

0:27:24.200 --> 0:27:27.160
<v Speaker 2>the less competitive the labor market becomes, the more employees

0:27:27.200 --> 0:27:29.160
<v Speaker 2>are going to be forced to take it on the chin.

0:27:29.640 --> 0:27:31.600
<v Speaker 2>And we know that in office work leads to more

0:27:31.600 --> 0:27:33.720
<v Speaker 2>advancement and pay hikes, especially.

0:27:33.440 --> 0:27:34.320
<v Speaker 1>For younger workers.

0:27:34.840 --> 0:27:37.359
<v Speaker 2>If your work from home stat status starts to change

0:27:37.359 --> 0:27:39.480
<v Speaker 2>and you don't like it, though, tap your network for

0:27:39.520 --> 0:27:42.280
<v Speaker 2>better opportunities. And if you really really hate the idea,

0:27:42.480 --> 0:27:44.639
<v Speaker 2>it's really important to start ramping up your savings so

0:27:44.680 --> 0:27:47.639
<v Speaker 2>you have more options. So some of those those Amazon

0:27:47.720 --> 0:27:51.280
<v Speaker 2>employees that have a nine month emergency fund saved up,

0:27:51.560 --> 0:27:55.040
<v Speaker 2>they might say, screw you, I'm not coming back in.

0:27:55.359 --> 0:27:57.879
<v Speaker 2>I'm and we were talking to I was talking to

0:27:57.920 --> 0:28:01.440
<v Speaker 2>somebody last night who says, man, I working from home

0:28:01.640 --> 0:28:03.680
<v Speaker 2>has changed my life. I have more time for hobbies.

0:28:03.960 --> 0:28:06.040
<v Speaker 2>I don't feel like I'm run ragged at the end

0:28:06.080 --> 0:28:07.560
<v Speaker 2>of the day, and I think a lot of people

0:28:07.600 --> 0:28:10.840
<v Speaker 2>feel that way, and understandably so. So if that's of

0:28:10.880 --> 0:28:13.879
<v Speaker 2>crucial importance to you, pushback. But if you're still in

0:28:13.920 --> 0:28:16.080
<v Speaker 2>the I'm trying to advance my career, ramp up my

0:28:16.119 --> 0:28:18.320
<v Speaker 2>earnings phase, going back in could be the best thing

0:28:18.359 --> 0:28:20.560
<v Speaker 2>for you. I am surprised to see that though, Like

0:28:20.720 --> 0:28:22.800
<v Speaker 2>so before it was only they only needed to be

0:28:22.840 --> 0:28:24.840
<v Speaker 2>in like three days, three out of five days of

0:28:24.840 --> 0:28:27.639
<v Speaker 2>the week. Yeah, now they're adding those additional two days. Gosh,

0:28:28.080 --> 0:28:30.440
<v Speaker 2>it really does Like guys, I thought we hybrid we worked,

0:28:30.600 --> 0:28:32.159
<v Speaker 2>was working well. I thought it was going to work out,

0:28:32.200 --> 0:28:35.120
<v Speaker 2>but that no longer seems to be the case. Another

0:28:35.560 --> 0:28:38.640
<v Speaker 2>Amazon related story, they're actually trying to compete with my

0:28:38.720 --> 0:28:44.720
<v Speaker 2>favorite grocery storeageol Aldi. Amazon's unrolling their new Amazon Saver line.

0:28:44.840 --> 0:28:48.480
<v Speaker 2>It's the snow frills extremely affordable sort of line, which

0:28:48.520 --> 0:28:51.760
<v Speaker 2>sounds exactly like all these value proposition Yeah, it's still

0:28:51.840 --> 0:28:55.080
<v Speaker 2>a relatively small lineup of food products, but everything costs

0:28:55.160 --> 0:28:58.200
<v Speaker 2>less than five dollars. And Amazon they've already got some

0:28:58.280 --> 0:29:01.560
<v Speaker 2>of their own proprietory brands, but none of them have

0:29:01.640 --> 0:29:04.000
<v Speaker 2>minimized the price to this extent, that's for sure. Yeah,

0:29:04.000 --> 0:29:08.320
<v Speaker 2>they haven't really targeted the super cheap store brand thing.

0:29:08.400 --> 0:29:11.160
<v Speaker 2>They've had kind of their more high falutint semi fancy

0:29:11.240 --> 0:29:14.360
<v Speaker 2>organice brands and stuff like that. And now they're like no, no,

0:29:14.400 --> 0:29:16.880
<v Speaker 2>all the and llegal laser eyes on you, focused on you.

0:29:17.280 --> 0:29:17.560
<v Speaker 1>Yeah.

0:29:17.640 --> 0:29:19.840
<v Speaker 2>I mean there's been a lot made about gouging in

0:29:19.880 --> 0:29:22.120
<v Speaker 2>the grocery elles, but just the cost of eating at home,

0:29:22.560 --> 0:29:25.280
<v Speaker 2>like honestly, Doe, they have always been more affordable than

0:29:25.360 --> 0:29:28.280
<v Speaker 2>going out to eat. And this Amazon launch is a

0:29:28.320 --> 0:29:30.680
<v Speaker 2>reminder that while prices they're certainly not going back to

0:29:30.680 --> 0:29:33.560
<v Speaker 2>twenty nineteen levels, and we are seeing inflation come down,

0:29:33.560 --> 0:29:35.760
<v Speaker 2>but prices are not going to go back to where

0:29:35.800 --> 0:29:37.760
<v Speaker 2>they used to be. That being said, there's still a

0:29:37.760 --> 0:29:41.680
<v Speaker 2>healthy amount of competition across the grocery store spectrum and

0:29:41.840 --> 0:29:45.120
<v Speaker 2>where you choose to shop, which specific brands that you

0:29:45.240 --> 0:29:48.000
<v Speaker 2>choose to buy, they will be a determining factor in

0:29:48.000 --> 0:29:51.160
<v Speaker 2>your overall grocery budget. Personally, though, I will say I'm

0:29:51.200 --> 0:29:53.600
<v Speaker 2>not super impressed with what I'm seeing when it comes

0:29:53.640 --> 0:29:56.960
<v Speaker 2>to the Amazon stadth, I haven't ordered something, okay, being

0:29:56.960 --> 0:29:59.200
<v Speaker 2>I would love to see you trying totally just Canp's

0:29:59.200 --> 0:30:01.320
<v Speaker 2>look delicious? I'm totally judging a book by its cover.

0:30:01.400 --> 0:30:06.040
<v Speaker 2>It just looks super generic and discounted. Whereas like when

0:30:06.040 --> 0:30:07.800
<v Speaker 2>I go to All the like all the and Costco

0:30:07.880 --> 0:30:10.880
<v Speaker 2>feel value driven to me, and especially Costco right like,

0:30:10.840 --> 0:30:12.960
<v Speaker 2>because you're getting like they have some nicer brands.

0:30:13.320 --> 0:30:15.280
<v Speaker 1>You're saying, it feels more like a dollar store product.

0:30:15.360 --> 0:30:18.040
<v Speaker 2>It does, it does, and so you're paying a similar

0:30:18.200 --> 0:30:20.200
<v Speaker 2>price as what you might pay at All the but

0:30:20.240 --> 0:30:22.720
<v Speaker 2>it feels like you're getting something that that's even cheaper. Yeah,

0:30:22.840 --> 0:30:24.720
<v Speaker 2>So I don't know. Maybe I will just be an.

0:30:24.640 --> 0:30:27.280
<v Speaker 1>All the loyalist for whatever I think you will be.

0:30:27.360 --> 0:30:28.040
<v Speaker 1>I'll give it a shot.

0:30:28.080 --> 0:30:29.880
<v Speaker 2>I'll see if there's something there that where I can

0:30:29.920 --> 0:30:32.320
<v Speaker 2>do sort of like a beta test, like compare some

0:30:32.360 --> 0:30:34.880
<v Speaker 2>apples to apples. Okay, not literally, they don't really have

0:30:34.920 --> 0:30:39.520
<v Speaker 2>apples this Amazon Savor line, but yeah, like canpis to canpis?

0:30:39.560 --> 0:30:42.120
<v Speaker 2>I guess, sure and report back, let us know what

0:30:42.160 --> 0:30:44.680
<v Speaker 2>you think. But I think more than hey, look at

0:30:44.720 --> 0:30:47.880
<v Speaker 2>this great new, super cheap, awesome food product from Amazon.

0:30:48.240 --> 0:30:50.680
<v Speaker 2>It's it's more of a kind of what you were saying,

0:30:50.960 --> 0:30:54.160
<v Speaker 2>highlighting the fact that they're having to compete with grocery

0:30:54.160 --> 0:30:57.240
<v Speaker 2>stores that have cut costs significantly, that are saving consumers

0:30:57.280 --> 0:30:59.400
<v Speaker 2>money regularly, and Amazon's like, well, we don't want to

0:30:59.400 --> 0:31:02.120
<v Speaker 2>get it left out completely, get left in the dust

0:31:02.120 --> 0:31:04.160
<v Speaker 2>by the Aldis and the leadals of this world. Right,

0:31:04.960 --> 0:31:07.880
<v Speaker 2>speaking of hiking grocery prices, though Matt new Data finds

0:31:07.920 --> 0:31:11.000
<v Speaker 2>it the coffee prices have been going up significantly. All Right,

0:31:11.000 --> 0:31:13.400
<v Speaker 2>I guess I'm just gonna pay more. Yeah, I get so,

0:31:13.480 --> 0:31:13.760
<v Speaker 2>are you?

0:31:13.840 --> 0:31:14.640
<v Speaker 1>Is that what's gonna happen?

0:31:14.640 --> 0:31:16.160
<v Speaker 2>Like you're gonna buy the fancy stuff, no matter what

0:31:16.200 --> 0:31:18.760
<v Speaker 2>are you gonna it's coffee. Coffee is like a non

0:31:18.760 --> 0:31:21.320
<v Speaker 2>negotiable man, Like, would you if the that's like one

0:31:21.320 --> 0:31:24.320
<v Speaker 2>of those inflexible it doesn't matter what the price goes to.

0:31:24.440 --> 0:31:27.040
<v Speaker 2>Almost yeah, Like I think I would still consume coffee.

0:31:27.040 --> 0:31:28.680
<v Speaker 2>I think there's a lot of parents out there and

0:31:28.760 --> 0:31:30.200
<v Speaker 2>a lot of workers who would be like, yeah, I

0:31:30.200 --> 0:31:31.520
<v Speaker 2>still got to get my coffee. You're not going to

0:31:31.560 --> 0:31:33.560
<v Speaker 2>like pull a Tim Ferriss and just cut caffeine out

0:31:33.560 --> 0:31:34.000
<v Speaker 2>of your life.

0:31:34.000 --> 0:31:34.600
<v Speaker 1>Did he do that?

0:31:34.680 --> 0:31:36.200
<v Speaker 2>I think he did Oh yeah, I don't think I

0:31:36.200 --> 0:31:38.320
<v Speaker 2>could do that. I think he said he slept better.

0:31:38.800 --> 0:31:41.760
<v Speaker 2>But like, yeah, so we've already seen those prices going up.

0:31:42.560 --> 0:31:44.440
<v Speaker 2>My bag at Costco went from like ten bucks to

0:31:44.440 --> 0:31:47.760
<v Speaker 2>fifteen bucks over the course of like a year, and

0:31:47.840 --> 0:31:51.200
<v Speaker 2>it might be going up even more. And at risk

0:31:51.280 --> 0:31:53.720
<v Speaker 2>of being those idiots who tell you to drink your

0:31:53.760 --> 0:31:56.360
<v Speaker 2>coffee at home because that's what's gonna allow you to

0:31:56.400 --> 0:31:59.560
<v Speaker 2>retire ten years earlier, which of course it's not. But

0:31:59.640 --> 0:32:03.040
<v Speaker 2>drink your coffee at home, because it's the more you

0:32:03.080 --> 0:32:04.760
<v Speaker 2>do that, the more it will save you money. Jill's like,

0:32:04.840 --> 0:32:06.080
<v Speaker 2>I'm saying, I'm not going to say the thing, but

0:32:06.080 --> 0:32:08.320
<v Speaker 2>then I'm going to say the thing. It is just

0:32:08.680 --> 0:32:10.600
<v Speaker 2>if you can play if you're paying five bucks a

0:32:10.640 --> 0:32:12.880
<v Speaker 2>pop for coffee, and how you complain about the price

0:32:12.920 --> 0:32:14.600
<v Speaker 2>of coffee and you do that five six days a week,

0:32:15.200 --> 0:32:15.960
<v Speaker 2>expected does that?

0:32:16.280 --> 0:32:17.040
<v Speaker 1>It does matter?

0:32:17.240 --> 0:32:19.320
<v Speaker 2>And I still think there are ways to enjoy your

0:32:19.400 --> 0:32:21.320
<v Speaker 2>nice cup of coffee out Like it's been a minute

0:32:21.360 --> 0:32:23.920
<v Speaker 2>since we've talked about this. You and I we still

0:32:24.080 --> 0:32:26.800
<v Speaker 2>every single Monday walk to our favorite coffee shop.

0:32:26.560 --> 0:32:28.080
<v Speaker 1>And enjoy an espresso drink.

0:32:28.120 --> 0:32:29.840
<v Speaker 2>We do it once a week, once a week, and

0:32:29.880 --> 0:32:31.360
<v Speaker 2>it makes it feel like a treat. And I think

0:32:31.400 --> 0:32:33.240
<v Speaker 2>if you do it five or six days a week,

0:32:33.360 --> 0:32:35.680
<v Speaker 2>it feels like the routine and something you expect. Then

0:32:35.800 --> 0:32:37.520
<v Speaker 2>start it starts losing its luster. You can make a

0:32:37.520 --> 0:32:39.280
<v Speaker 2>fine cup of coffee at home. In fact, man, I

0:32:39.280 --> 0:32:42.560
<v Speaker 2>feel like sometimes the coffee you're making is better than well,

0:32:42.600 --> 0:32:44.360
<v Speaker 2>like a lot of the local coffee shops are promo

0:32:44.640 --> 0:32:46.720
<v Speaker 2>thank you well just because like you, you dial it.

0:32:46.760 --> 0:32:47.840
<v Speaker 1>You've kind of dialed in. Man.

0:32:47.880 --> 0:32:50.840
<v Speaker 2>You've got a very scientific approach to how you make

0:32:50.880 --> 0:32:52.800
<v Speaker 2>your coffee. You read a loss of words because you

0:32:52.840 --> 0:32:54.200
<v Speaker 2>didn't know the term birgrinder.

0:32:54.280 --> 0:32:55.000
<v Speaker 1>That's what it is.

0:32:55.240 --> 0:32:56.880
<v Speaker 2>It No, it's more than that, because you're getting the

0:32:57.040 --> 0:32:59.280
<v Speaker 2>you're geting the temperature at the right, you're talking about

0:32:59.280 --> 0:33:01.680
<v Speaker 2>the special kettle, the number of rams of coffee.

0:33:01.760 --> 0:33:03.120
<v Speaker 1>I'm just like, that's more my style. Man.

0:33:03.160 --> 0:33:05.480
<v Speaker 2>I get into my coffee maker and hoping it turns

0:33:05.520 --> 0:33:07.600
<v Speaker 2>out okay, I have to research it, figure it out,

0:33:07.840 --> 0:33:09.440
<v Speaker 2>and then for the rest of my life I get

0:33:09.440 --> 0:33:11.920
<v Speaker 2>to do this thing at a discounted rate. You don't

0:33:11.960 --> 0:33:13.719
<v Speaker 2>have to do it that way, but know that ultimately

0:33:13.800 --> 0:33:14.680
<v Speaker 2>it might save you some money.

0:33:14.800 --> 0:33:15.000
<v Speaker 1>Yeah.

0:33:15.040 --> 0:33:16.960
<v Speaker 2>Well, before we wrap things up, let's give a quick

0:33:17.000 --> 0:33:20.400
<v Speaker 2>newsletter referral shout out to Megan C. Meghan, we really

0:33:20.440 --> 0:33:23.320
<v Speaker 2>appreciate you sharing the how to Money newsletter, which comes

0:33:23.320 --> 0:33:25.920
<v Speaker 2>out every Tuesday morning, to some of her friends who

0:33:25.960 --> 0:33:28.080
<v Speaker 2>she loves the most, or maybe family members. That's the

0:33:28.160 --> 0:33:31.480
<v Speaker 2>ultimate expression of love, is to share a newsletter that

0:33:31.520 --> 0:33:33.320
<v Speaker 2>matters to you with the people you care about, right.

0:33:33.440 --> 0:33:36.080
<v Speaker 2>Or a podcast, Yeah, or even a website how tomoney

0:33:36.080 --> 0:33:37.920
<v Speaker 2>dot com. That's where you can find our show notes

0:33:38.400 --> 0:33:41.440
<v Speaker 2>for this episode and the different stories that we discussed.

0:33:42.200 --> 0:33:43.960
<v Speaker 2>But buddy, that's going to be it for this episode.

0:33:44.000 --> 0:33:47.200
<v Speaker 2>So until next time, Best Friends Out, Best Friends Out.