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Speaker 1: Welcome to How the Money. I'm Joel and I am Matt.

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Speaker 1: Today we're discussing quiet, quitting, cheap ribis, and another housing recession.

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Speaker 1: Yeah that's the big question, right is this gonna be?

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Speaker 1: Are we living in another housing bubble? We're talking about

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Speaker 1: that today, along with a bunch of other stories. This

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Speaker 1: is our Friday flight Man where we tackle some of

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Speaker 1: the different headlines that we think are the most important,

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Speaker 1: the headlines we think you need to pay attention to

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Speaker 1: this week. But real quick, did you see that? Uh?

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Speaker 1: It's like, what is it National Cinema Day? That this

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Speaker 1: this weekend? We're not talking about the senator from Arizona.

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Speaker 1: This is not National Christians Chris, Now, this is Yes,

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Speaker 1: So September three, all movie theaters. They're only gonna be

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Speaker 1: three bucks. Sure a lot of folks have maybe even

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Speaker 1: already seen that, But if not, know that you can

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Speaker 1: get in to go see a movie at prices you

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Speaker 1: hadn't seen since. Yeah, and and even so three bucks

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Speaker 1: to go see a movie. And and the big movie

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Speaker 1: chains are participating too, to regal and AMC. Yeah, regardless

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Speaker 1: of the format as well as which I didn't dive

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Speaker 1: intego see an IMAX definitely eighteen bucks or I don't

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Speaker 1: even know what it costs anymore. Because when's the last

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Speaker 1: time you've gone to see a movie? I've I think

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Speaker 1: I went once during the pandemic, took the kids to

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Speaker 1: see a Disney movie, but rant in the whole place

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Speaker 1: out to yourself, basically there was no one else there.

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Speaker 1: But I haven't been to a movie since, And honestly,

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Speaker 1: I probably won't go this weekend. Well, I got a

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Speaker 1: lot of other stuff going on. Well even if I didn't,

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Speaker 1: I don't know. I might for a three dollar movie.

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Speaker 1: That sounds like fun, Like that's what it would take

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Speaker 1: to get me out into an actual movie theater, to

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Speaker 1: see something out of the comfort of my own home.

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Speaker 1: You and I we were talking about this this morning.

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Speaker 1: Ross douth at one of our he's a great writer

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Speaker 1: over at the Times, and he was talking about how

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Speaker 1: we're in the age of blockbuster TV right where you're

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Speaker 1: seeing the different platforms spending millions of dollars on their

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Speaker 1: programming and especially hundreds of hundreds of millions. Well, yeah,

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Speaker 1: Lord of the Rings, is it something like seven hundred

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Speaker 1: releases a million? I think tonight Basically, if you're listening

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Speaker 1: to this on on the day comes out. But but

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Speaker 1: it makes sense because there's so much great programming at

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Speaker 1: our fingertips on our big screens, and the convenience that

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Speaker 1: offers when you're in the stage of life that we're in. Man,

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Speaker 1: we are k and I we're going to be more

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Speaker 1: way more prone to watch a movie sitting at home

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Speaker 1: than actually, you know, after we put the kids down,

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Speaker 1: rather than going out. Well, it's typically just a really

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Speaker 1: expensive endeavor to go see a movie, especially if you're

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Speaker 1: you're a family. Even as an individual, though, thinking about

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Speaker 1: spending fifteen bucks or more to go see a movie,

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Speaker 1: it's like it's prohibitively expensive. And that's assuming you're not

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Speaker 1: gonna get popcorn and a drink. That's assuming you're shuffling

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Speaker 1: in your own snacks, right, but in which I don't

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Speaker 1: know if that's ruler cheap. We can cover that at

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Speaker 1: a later date, But that's uh for when especially when're

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Speaker 1: talking about buying four or five or or six tickets,

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Speaker 1: as it would be the case for your family, too

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Speaker 1: many tickets you got away for National Cinema Day every year,

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Speaker 1: and that that might be the only day it even

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Speaker 1: crosses your mind to go see a movie. All right, kids,

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Speaker 1: once a year we go to the theater exactly. Yeah.

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Speaker 1: The idea of going to the movie theater though with

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Speaker 1: a two year old almost three year olds, now that

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Speaker 1: you and I both have, that does not sound fun

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Speaker 1: for anyone. Yeah, not worth it, don't matter if it's

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Speaker 1: free even, right, So all right, let's move on, Matt.

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Speaker 1: Let's get to all the stories we found interesting this week.

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Speaker 1: We will put a link by the way in our

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Speaker 1: show notes to National Cinema Day so you can see

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Speaker 1: all the details. But the first story we want to

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Speaker 1: cover is actually about electric vehicles, because, yeah, the price

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Speaker 1: of electric vehicles is rising faster than I don't know,

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Speaker 1: gas prices were rising just a few months ago, Matt.

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Speaker 1: You know it's rising at a rapid clip. Yeah, they've

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Speaker 1: been for a minute, going down I think for almost

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Speaker 1: three months straight, which is good news for everyone. But

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Speaker 1: electric vehicles are literally going up from price five times

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Speaker 1: faster than there. And I know you're trying to get

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Speaker 1: this term adopted their ice counterparts, their internal combustion engine counterparts. Yeah,

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Speaker 1: I'm not going to try to make that stick because

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Speaker 1: it doesn't make sense, Like the abbreviation makes sense, but

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Speaker 1: it just does not seem to fit when you say

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Speaker 1: it out loud, gasoline powered vehicles is what I will

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Speaker 1: continue to say. All right, well, this was according to

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Speaker 1: I C Cars, who does just a lot of surveys

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Speaker 1: like this, and and part of that is because of

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Speaker 1: a lack of inventory. But rising battery costs are another

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Speaker 1: piece of the puzzle of why electric vehicles are costing

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Speaker 1: so much these days. And manufacturers they seem to be

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Speaker 1: focusing on the luxury and truck markets too, so the

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Speaker 1: e V makers know that there's more profit to be

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Speaker 1: made if they make a fancier version of an electric vehicle.

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Speaker 1: That's why we're seeing in cars like the Nissan Leaf

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Speaker 1: basically die, right. The Nissan has said we're not manufacturing

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Speaker 1: this car anymore. And you and I we really like

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Speaker 1: electric vehicles. We we truly do think they're the future.

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Speaker 1: But a massive chunk of these vehicles becoming unaffordable for

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Speaker 1: the average person doesn't really bode well for EV adoption.

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Speaker 1: And California just passed a law to that bans the

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Speaker 1: sale of gas cars by the that is does not

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Speaker 1: too far in the future, and I think, you know,

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Speaker 1: we could see electric vehicle prices rise even more because

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Speaker 1: of this, and again, evs are probably the future. We

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Speaker 1: like him a whole lot, but there are some physical

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Speaker 1: and financial constraints that are probably going to prevent us

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Speaker 1: from becoming a nation of EV drivers in the near future.

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Speaker 1: Or to see, we're just not going to see adoption

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Speaker 1: continue at the rate that we've been seeing it if

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Speaker 1: prices continue to do what they're doing. Yeah, and with

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Speaker 1: the invasion of Ukraine by Russia, we saw gas prices

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Speaker 1: uh increased dramatically right like this is back in March.

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Speaker 1: And right about that same time too, we see the

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Speaker 1: price of electric vehicles skyrocket. Uh. And so the reason

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Speaker 1: I mentioned that is because I think it's important to

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Speaker 1: keep in mind, like the like, the whole picture, the

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Speaker 1: entire picture of what's going on. Uh. And even though

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Speaker 1: folks are looking at gas prices and they're thinking, oh,

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Speaker 1: I don't know if I want to pay that anymore,

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Speaker 1: it's also important to take into account the total cost

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Speaker 1: of what it's gonna take to get you somewhere. You

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Speaker 1: got to take into account the cost of that electric vehicle.

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Speaker 1: But Joel, you mentioned how the price of gasoline has

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Speaker 1: been dropping a for the like I think the past

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Speaker 1: eighty days or so, uh, that's the good news. But

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Speaker 1: there's a little bit of bad news that we need

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Speaker 1: to mention as well, and that is that heating costs

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Speaker 1: are likely going to be increasing this winner as natural

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Speaker 1: gas prices they've been soaring in recent weeks and really

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Speaker 1: over the past the past year. It's not going to

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Speaker 1: be as bad as what what's been happening in Europe,

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Speaker 1: where utility a billits have more than doubled in the

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Speaker 1: past year. It's to see the stories about what's happening

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Speaker 1: with consumers. It's in saying Britain and stuff like, or

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Speaker 1: in Germany it is it's not a good place there

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Speaker 1: right now. Yeah, theyre in a world of hurt. But

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Speaker 1: but even still here in the US, I think it's

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Speaker 1: important to start preparing and start budgeting now, start preparing

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Speaker 1: to spend more money, more of your income for utilities

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Speaker 1: this winner. Uh. And if you are in a state

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Speaker 1: where you can shop your rates, which which you can

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Speaker 1: do in something like twenty states around the country, be

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Speaker 1: sure to do so. But then even still, the question remains,

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Speaker 1: do I lock in with the fixed rate and hopefully

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Speaker 1: secure maybe a lower price per therm? Thinking that rates

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Speaker 1: are going to be go going up, or do you

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Speaker 1: kind of gamble a little bit pay the variable rate

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Speaker 1: which tends to be higher, thinking that, okay, surely rates

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Speaker 1: are gonna come down. Who knows what the future is

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Speaker 1: gonna hold. Personally, I think prices are going to continue

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Speaker 1: to go up because I think I think things are

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Speaker 1: gonna they might look pretty crazy this winter. And regarding

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Speaker 1: the energy costs not only that Europe is experiencing, but

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Speaker 1: then how that's going to impact the US, I typically

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Speaker 1: like to take the burden hand on that when it

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Speaker 1: comes to natural gas rates, and I like to lock

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Speaker 1: in the rate. And the reality is that a lot

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Speaker 1: of other competitors in the space, they'll often pay for

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Speaker 1: your your brake fee. If they're offering a better deal

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Speaker 1: and they really really want your business, they'll pay for

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Speaker 1: you to break your contract with your current providers. So

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Speaker 1: um I would say that those offers are at least

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Speaker 1: here where we live, but in a lot of other

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Speaker 1: states to those offers are good enough from other competitors

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Speaker 1: that you can lock in securing yourself a better rate

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Speaker 1: than you would be sticking to some sort of variable

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Speaker 1: rate plan and then hoping that you're going to get

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Speaker 1: a good offer from somebody else in the future too,

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Speaker 1: But yeah, buckle up and prepare your budgets accordingly and

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Speaker 1: use I don't know, space heaters. Maybe instead of heating

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Speaker 1: the whole house. Like there's all sorts of ways, invest

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Speaker 1: in a pair of Long John's, like go to your

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Speaker 1: local Walmart or Amazon, whatever, your local goodwill. But I

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Speaker 1: think more people should be considering locking down those base

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Speaker 1: layers in order to stay warm in the winter. We

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Speaker 1: were talking more about that, I'm sure this winter, because

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Speaker 1: we've never said, you know, we're in our new space

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Speaker 1: here and we have no idea what the what the

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Speaker 1: heating bill might be. And so at the old place

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Speaker 1: it was fairly easy to keep it kind of warm

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Speaker 1: and toasty down there. But in this older carrotch house,

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Speaker 1: the jury is still out. Yeah, kind of leaks like

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Speaker 1: a sieve. I think, based on everything I can tell.

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Speaker 1: And while we're talking about transportation, let's talk about let's

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Speaker 1: talk about bikes for a second, because I don't know

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Speaker 1: that's what we do. And I was listening to an

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Speaker 1: interview recently from a guy who wrote kind of like

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Speaker 1: his book about the history of bikes. It was just

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Speaker 1: it was fascinating and it really is it's one of

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Speaker 1: the best inventions ever made. It's it's really trans transformed

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Speaker 1: the way we can get around as people. I feel

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Speaker 1: like the pandemic actually shown a spotlight on bikes in

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Speaker 1: a really, a really beautiful way. We saw bike sales

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Speaker 1: ticking up by some more people out on two wheels,

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Speaker 1: and I mean, I thought that was awesome. And then

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Speaker 1: recently we talked about the massive rise in the popularity

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Speaker 1: of e bikes. Well, sadly e bikes were not carved

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Speaker 1: out in the recent uh Inflation Reduction Acts bill. We

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Speaker 1: talked about the electric car debates that were included, but

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Speaker 1: ebikes didn't get any love, and that we don't like

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Speaker 1: seeing because we think they're a game changer when it

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Speaker 1: comes to getting around town and being good for the environment.

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Speaker 1: But Actios actually just wrote a story about ebike benefits

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Speaker 1: that a whole lot of states, cities, and companies are offering,

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Speaker 1: and I did I guess I just didn't realize that

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Speaker 1: the benefits were that numerous around the country from different

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Speaker 1: like I think Denver is is one of the places

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Speaker 1: where you can buy an e bike and you can

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Speaker 1: get some sort of tax credit from from the city.

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Speaker 1: And so we'll we'll link to Actually, there's a Google

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Speaker 1: doc that tracks incentives around the country and in Canada,

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Speaker 1: and so we'll link to that in the show notes.

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Speaker 1: But basically, if you've been considering one and you're bummed

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Speaker 1: that the federal government didn't include any sort of any

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Speaker 1: sort of rebate for that ebike purchase, that they haven't

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Speaker 1: done anything about that yet. But maybe you've balked at

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Speaker 1: the price. You're like, they're really expensive, and they are,

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Speaker 1: but we think that if you use them enough, they're

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Speaker 1: gonna pay for themselves because you're gonna be in your

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Speaker 1: car less. You might find that there's some financial assistance

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Speaker 1: out there, which is great. So again we'll link to

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Speaker 1: that in the show notes and hopefully, uh, there's something

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Speaker 1: where you live that will reduce the price that ebike

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Speaker 1: that maybe you've been wanting to buy. That's right, all right,

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Speaker 1: let's let's talk about whether or not we are in

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Speaker 1: a housing recession. That's a phrase that's that's being tossed

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Speaker 1: around quite a bit right now. The definition it's even

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Speaker 1: harder to agree on than the one for an economic recession,

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Speaker 1: it seems like, but it is true. At home sales

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Speaker 1: they are slowing, we're also seeing that inventory is increasing

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Speaker 1: as more folks are listening their homes for sale, and

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Speaker 1: we are also seeing more price cuts. For the first

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Speaker 1: time in quite a while, US home use fell month

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Speaker 1: over month, and granted it was only like a miniscule

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Speaker 1: amounts like point one percent, something like basically does flatline

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Speaker 1: a point one percent drop makes a housing recession? That

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Speaker 1: sounds like a bubble popping, right, Um, it doesn't to us.

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Speaker 1: You know, this doesn't sound like a housing recession. But

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Speaker 1: the reality is that those are all good things, all

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Speaker 1: of these changes that we've seen recently, and that's because

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Speaker 1: the housing market, like like much of the rest of

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Speaker 1: the economy, was booming in an unsustainable way over the

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Speaker 1: past couple of years. That the typical home it is

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Speaker 1: still worth something like more than it was in twenty nineteen,

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Speaker 1: which is a massive increase, more than what we've typically seen.

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Speaker 1: And so the natural question, yeah, yeah, And so folks

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Speaker 1: are like, oh, no, the sky is following just because

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Speaker 1: it's kind of flatlined for a little bit, and it's like,

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Speaker 1: no, no no, no, take another step back, look at the

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Speaker 1: big picture. Do you realize how much equity you have

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Speaker 1: in your home that you've realized over the past couple

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Speaker 1: of years. But the natural sort of next question is

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Speaker 1: will home prices continue to fall? Um. That's a great question,

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Speaker 1: because they certainly could, But we feel it's unlikely that

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Speaker 1: that we're in store for any sort of meaningful housing

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Speaker 1: crash given the fundamentals, Given for the increased demand that

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Speaker 1: we're seeing for housing that coupled with the much smaller

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Speaker 1: supply of housing that we've created uh here in the

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Speaker 1: US over the past decade, we think that that means

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Speaker 1: that prices will continue to rise, maybe just not at

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Speaker 1: the clip that we've seen recently. Well, it's an interesting point, Matt.

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Speaker 1: I mean, I think I could see that happening, but

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Speaker 1: I could see certainly not a housing recession, but I

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Speaker 1: could see housing prices continue to climb further moving forward

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Speaker 1: into the coming months. And I think a lot of

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Speaker 1: that so much of that is tied to what happens

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Speaker 1: with rates. And we've seen rates even just this week

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Speaker 1: bouncing back up, hitting basically right at six percent. And

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Speaker 1: if we see rates on mortgages continue to climb, that's

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Speaker 1: gonna occurve affordability even more. And so I think we

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Speaker 1: could see prices um prices have to go down because

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Speaker 1: of that. So, yeah, there might be some small declines.

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Speaker 1: It's not gonna be a pop right, like nothing is

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Speaker 1: going to crash. The recession term is for the housing market.

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Speaker 1: It's a bit extreme. It's it's extreme, and we we

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Speaker 1: don't necessarily see anything close to that happening in the

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Speaker 1: near future, but that makes be seen. And there are

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Speaker 1: people on YouTube making videos about this because they want

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Speaker 1: the clicks and they want to they want to in

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Speaker 1: sight fear, I think in panic into people or and

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Speaker 1: and for for some people who have wanted to buy

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Speaker 1: a home and they haven't been able to afford one yet, Matt,

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Speaker 1: they they they're kind of hoping for this too. Write

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Speaker 1: They're hoping for some sort of housing market calamity so

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Speaker 1: they can buy a home at a cheaper price. And

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Speaker 1: I totally understand that, but the reality is that's unlikely

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Speaker 1: to happen. And we just released episode five fifty one

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Speaker 1: about buying a home in this crazy expensive market. You

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Speaker 1: might be wondering, might nuts to still be making offers.

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Speaker 1: We don't think so, because as long as your personal

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Speaker 1: finances are in good shape and you're planning to own

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Speaker 1: that home for a decent chunk of time, we would

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Speaker 1: say at least seven years, preferably a decade. We're totally

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Speaker 1: fine with you going in that direction, even though there's

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Speaker 1: quite a bit of uncertainty about where the housing market

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Speaker 1: is headed in the short term because housing prices they

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Speaker 1: might continue to decline for a little while, um they

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Speaker 1: might continue to creep up. Is very hard to predict

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Speaker 1: what's going to happen in the short term. They're just

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Speaker 1: so many factors at play. But for you, if you're

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Speaker 1: financially prepared to buy a home, I wouldn't let these

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Speaker 1: doom and gloom predictions of a housing recession prevent you

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Speaker 1: from trying to buy a house if you're in the

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Speaker 1: position to do that. That's right. Speaking of houses, The

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Speaker 1: Atlantic just published an article about the h g TV

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Speaker 1: ification of America. Clearly, there's more streaming home renovation content

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Speaker 1: out there that's available to us now more than ever before.

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Speaker 1: That's because a huge percentage of your your friends, your neighbors,

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Speaker 1: your family are are likely watching it. And while it

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Speaker 1: might be entertaining, it's also changing our consumption patterns. It's

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Speaker 1: kind of subconsciously making us want to embrace like these

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Speaker 1: some of these specific trends for the homes that we

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Speaker 1: live in. It's making some of the things that are

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Speaker 1: currently in our home seem more disposable than maybe they

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Speaker 1: should be. So for instance, like the more wide appliances

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Speaker 1: that get ripped out of a kitchen on TV, well,

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Speaker 1: the you know, the more different just going to be

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Speaker 1: for us to continue to stare at our own white

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Speaker 1: appliances that work perfectly fine. Oh man, if they didn't

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Speaker 1: look good, if if the designers on whatever show I'm

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Speaker 1: watching thought that they had to be ripped out, but

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Speaker 1: then clearly mine are long in the tooth and I

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Speaker 1: need they need to be replaced. Also, personally, I think

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Speaker 1: white appliances, uh look pretty awesome. But this is just

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Speaker 1: another form of comparison, you know, like we're we're becoming

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Speaker 1: less okay with the things in our life that are

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Speaker 1: still working perfectly fine. And you know, this doesn't necessarily

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Speaker 1: mean that we think that h G TV or these

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Speaker 1: home renovation shows or you know, flip it or flop

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Speaker 1: or whatever, that they should be banned. So many names

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Speaker 1: designing a dime, flip it or flap, I don't know,

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Speaker 1: like property brothers, Oh my mom, my mom could probably

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Speaker 1: my house, she's got the roster she's got the line up.

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Speaker 1: But I want to share this because I think that

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Speaker 1: the opportunity still lies with us to control what entertainment

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Speaker 1: we're consuming. There are multiple points where we have the

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Speaker 1: opportunity to just not watch the stupid show, or if, like,

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Speaker 1: if you want to watch the show, you still have

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Speaker 1: the opportunity to say, Okay, I'm going to watch that

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Speaker 1: as entertainment, but I'm not going to allow that to

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Speaker 1: affect how I feel about my own residence, or even

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Speaker 1: if I do feel like my my own home feels

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Speaker 1: like you said, like long in the tooth, if it's

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Speaker 1: feeling kind of outdated, you still have control over your

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Speaker 1: behavior as to whether or not you rip those appliances

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Speaker 1: out and purchase new stuff. And so I just want

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Speaker 1: to emphasize personal responsibility and the ability that we have

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Speaker 1: over our own decisions in order and how that's going

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Speaker 1: to affect our money. Just as past Wednesday, we talked

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Speaker 1: about the different marketing maneuvers out there that that stymy

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Speaker 1: our growth thread, the things that keep us from achieving

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Speaker 1: the goals that we want to achieve, and it's nowhere

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Speaker 1: within that episode did we say that well marketing should

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Speaker 1: not exist. Yeah, that like that that can exist, burn

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Speaker 1: every billboard down to the ground. Although we make our interstates,

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Speaker 1: I don't feel a little more pleasant, that is true,

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Speaker 1: But it is up to us in the end to

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Speaker 1: decide what it is we're going to consume, how we

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Speaker 1: feel about those things, and then ultimately what we spend

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Speaker 1: our money and our resources on. Completely agree. And if

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Speaker 1: you start to feel like maybe the things that you're

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Speaker 1: taking in media wise are pushing you to consume more,

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Speaker 1: we I mean we've talked about that, like social media,

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Speaker 1: people around us, like keeping up with the Joneses. It's

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Speaker 1: a real thing that all of us feel, even Matt

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Speaker 1: and I Field right at times. Yeah, I'm not saying

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Speaker 1: that it doesn't exist, but what are you going to

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Speaker 1: do about? Yeah, And if you can call some of

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Speaker 1: those things out of your media consumption habits, it might

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Speaker 1: help you avoid some of those downer feelings you might

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Speaker 1: get about the place where you live. And you might

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Speaker 1: be like, wait a second, I like my house. I

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Speaker 1: just started to think for a second, because I'm watching

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Speaker 1: all this stuff that I needed to upgrade this this

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Speaker 1: or that, or I needed to rip everything down to

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Speaker 1: the studs and start over. When your house might be

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Speaker 1: perfectly good and and so I guess yeah, sometimes we

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Speaker 1: just let those outside influences have too much power over us. Totally, absolutely, Matt.

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Speaker 1: We got more to get to on this Friday flight,

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Speaker 1: including some good news on price drops at the grocery store.

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Speaker 1: We haven't been able to say much of that later. Yeah,

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Speaker 1: we'll talk about that and more right after this. All right,

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Speaker 1: we're back for the break, and we will talk about

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Speaker 1: that affordable red meat, specifically Ribby. It's a lot cheaper. Uh,

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Speaker 1: there's days. Yeah, but let's share the ludicrous headline of

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Speaker 1: the week. This one's from the New York Times and uh,

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Speaker 1: this one reads the rise of the Productivity Score. And dude,

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Speaker 1: to be honest, this article was was kind of tough

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Speaker 1: to read. At the Times. They detail how more employees

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Speaker 1: across the economy are being tracked, They're being recorded and ranked,

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Speaker 1: and those tracking systems for some folks, or even docking

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Speaker 1: your paycheck if you are not being productive enough, if

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Speaker 1: you're not meeting your quotas, if your screen falls asleep

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Speaker 1: for maybe more times and is allowed. Uh, this certainly

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Speaker 1: feels like something out of a dystopian novel or film.

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Speaker 1: Uh sounds like I mean honestly, downright depressing to have

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Speaker 1: your efforts reduced down to just a simple numerical score.

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Speaker 1: No wonder quiet quinning is is becoming a trend, you know,

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Speaker 1: Like I don't mean to say that this is a

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Speaker 1: good trend necessarily, Like I don't think two wrongs ever

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Speaker 1: make a right. Uh. And I'm all about working hard,

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Speaker 1: you know, like like doing the best that we can

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Speaker 1: for any employer out there. But dude, the more employers

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Speaker 1: are trying to track us and turn us into widgets,

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Speaker 1: I think the more that trust is going to deteriorate,

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Speaker 1: and without trust, it's going to be difficult to maintain

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Speaker 1: and even established a successful business. Right and by a quitting,

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Speaker 1: by the way, it's basically in reference to people doing

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Speaker 1: the bare minimum to get by. It's like I kind of,

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Speaker 1: in essence quit, I don't want the paycheck, but I'm

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Speaker 1: just gonna kind of mail it in, like I'm not

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Speaker 1: gonna put a lot of effort behind the tasks that

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Speaker 1: you've assigned me. And I get it. If your employer

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Speaker 1: is treating you like this, uh, then I understand that reaction.

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Speaker 1: But we would also say there's a better way forward,

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Speaker 1: and you should probably just leave an employer who who

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Speaker 1: treats you like this. And I think like part of

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Speaker 1: this is the quick switch to work from home math

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Speaker 1: that employers maybe feel the need to keep tabs on

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Speaker 1: their employees a little bit more. It sounded nice in

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Speaker 1: the beginning for employees to be working remote and they

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Speaker 1: can kind of shift their hours a little bit more

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Speaker 1: to be productive at different times of day, but not

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Speaker 1: every employer is down with that. And and apparently some

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Speaker 1: people are installing like software that causes their mouse to

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Speaker 1: jiggle because it's mouse jigglers, which is a great term,

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Speaker 1: but to make it look like they're doing work even

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Speaker 1: when they've stepped away from their computer. But they feel

430
00:20:19,720 --> 00:20:22,240
Speaker 1: the need to do that because their employer is tracking

431
00:20:22,280 --> 00:20:25,600
Speaker 1: them every single minute of the day. And Yeah, the

432
00:20:25,640 --> 00:20:28,080
Speaker 1: reality is I think that employers they should be hiring

433
00:20:28,080 --> 00:20:30,880
Speaker 1: folks that they trust to do the job they've hired

434
00:20:30,880 --> 00:20:33,679
Speaker 1: the person to do, and that means tracking based on

435
00:20:34,000 --> 00:20:36,919
Speaker 1: results that can be measured, not time spent working, not

436
00:20:37,080 --> 00:20:39,959
Speaker 1: clicks of the mouse. They're not just looking for. It

437
00:20:40,000 --> 00:20:42,480
Speaker 1: just reminds you in school doing busy work, right, And

438
00:20:42,520 --> 00:20:45,639
Speaker 1: it was like, that's that's not what we're looking for,

439
00:20:45,680 --> 00:20:47,480
Speaker 1: and that's not what employers should be looking for being

440
00:20:47,880 --> 00:20:50,320
Speaker 1: big brother every minute of the work day. It's gonna

441
00:20:50,359 --> 00:20:52,960
Speaker 1: lead to worse outcomes overall. Yeah, and it's not that

442
00:20:53,000 --> 00:20:55,280
Speaker 1: they're not measuring results, they're just measuring the wrong thing

443
00:20:55,359 --> 00:20:57,400
Speaker 1: the wrong thing right, Like with this, I mean we're

444
00:20:57,440 --> 00:20:59,639
Speaker 1: seeing we've seen a massive increase in the ability for

445
00:20:59,680 --> 00:21:02,560
Speaker 1: folks of work from home, and different technology companies are

446
00:21:02,600 --> 00:21:04,240
Speaker 1: out there trying to figure out how it is that

447
00:21:04,280 --> 00:21:07,280
Speaker 1: they can measure the productivity of their employees. So, like,

448
00:21:07,280 --> 00:21:09,720
Speaker 1: I get what's going on here, but I think what

449
00:21:09,760 --> 00:21:12,440
Speaker 1: this means is I mean, like, like we're talking about

450
00:21:12,480 --> 00:21:15,440
Speaker 1: turning employees into widgets, and instead of looking at employees

451
00:21:15,440 --> 00:21:17,760
Speaker 1: as widges, like I mean, managers need to do a

452
00:21:17,800 --> 00:21:21,280
Speaker 1: better job proactively managing their employees and whether that's the

453
00:21:21,280 --> 00:21:23,359
Speaker 1: relationship they have with them or working with them to

454
00:21:23,480 --> 00:21:26,879
Speaker 1: sort of establish whatever goals there are for more carrots

455
00:21:26,880 --> 00:21:29,680
Speaker 1: instead of sticks. You know, absolutely, instead of saying like

456
00:21:29,680 --> 00:21:32,040
Speaker 1: I'm gonna penalize you if your mouse isn't moving for

457
00:21:32,280 --> 00:21:34,879
Speaker 1: you know, every single minute of every single day, you

458
00:21:34,880 --> 00:21:39,159
Speaker 1: could you could offer more incentives and be more motivational

459
00:21:39,440 --> 00:21:41,680
Speaker 1: instead of just being ready to punish. Because first the

460
00:21:41,800 --> 00:21:45,199
Speaker 1: first instinct that when the mouse isn't moving, Yeah, it's

461
00:21:45,200 --> 00:21:48,439
Speaker 1: it's a it's a solution provided by software that truly

462
00:21:48,480 --> 00:21:51,040
Speaker 1: does turn us into widgets. And and widgets are fine,

463
00:21:51,440 --> 00:21:54,160
Speaker 1: you know when you're creating a machine, like a cold,

464
00:21:54,359 --> 00:21:57,600
Speaker 1: lifeless machine, But that's not who people are, you know, like,

465
00:21:57,640 --> 00:21:59,959
Speaker 1: that's not what a company is. And the other thing too,

466
00:22:00,320 --> 00:22:03,320
Speaker 1: if you start treating people like widgets like cogs and

467
00:22:03,400 --> 00:22:06,280
Speaker 1: gears in this machine, and the idea is that you're

468
00:22:06,320 --> 00:22:09,760
Speaker 1: able to then swap those people out very easily, right, Well, yeah,

469
00:22:09,840 --> 00:22:11,679
Speaker 1: folks are going to do that themselves. Like they're going

470
00:22:11,720 --> 00:22:13,920
Speaker 1: to be more likely to leave the company because they're

471
00:22:13,920 --> 00:22:16,400
Speaker 1: seeing that they're not valued, because they're they're realizing that, well,

472
00:22:16,400 --> 00:22:17,760
Speaker 1: what's the point of staying here when I could just

473
00:22:17,800 --> 00:22:20,280
Speaker 1: hop over here, all things being equal, I would rather

474
00:22:20,280 --> 00:22:22,400
Speaker 1: get paid a little bit more, and maybe in fact

475
00:22:22,480 --> 00:22:24,640
Speaker 1: I will be treated a little bit better over there

476
00:22:24,640 --> 00:22:26,679
Speaker 1: as well. Yeah, And I think some some of the

477
00:22:26,680 --> 00:22:30,320
Speaker 1: headlines make it sound like there's just this general rensence

478
00:22:30,560 --> 00:22:33,199
Speaker 1: to work, that maybe people don't like to work as

479
00:22:33,240 --> 00:22:35,680
Speaker 1: much as they used to. And I don't really actually

480
00:22:36,000 --> 00:22:38,840
Speaker 1: think that's true. That young people are maybe allergic to

481
00:22:38,840 --> 00:22:42,080
Speaker 1: working nine or something like that. I think that's I

482
00:22:42,080 --> 00:22:44,920
Speaker 1: think that's a wrong take. I think they just hate

483
00:22:44,920 --> 00:22:48,479
Speaker 1: their specific job, or maybe they they don't like their

484
00:22:48,480 --> 00:22:50,800
Speaker 1: employer or the way their employers treating them, or I mean,

485
00:22:50,920 --> 00:22:52,920
Speaker 1: or they might think that they don't like to work,

486
00:22:53,080 --> 00:22:54,760
Speaker 1: like right, Like on the surface level, they're thinking, yeah,

487
00:22:54,760 --> 00:22:56,000
Speaker 1: I don't want to work on to spend my time

488
00:22:56,040 --> 00:22:58,000
Speaker 1: doing other things. But if you take that view, I

489
00:22:58,040 --> 00:23:01,399
Speaker 1: think you're, like you you're in your discounting the intrinsic

490
00:23:01,520 --> 00:23:04,120
Speaker 1: value that work can bring to your life. Because when

491
00:23:04,119 --> 00:23:07,080
Speaker 1: you eliminate that from your life completely, uh, you're you're

492
00:23:07,119 --> 00:23:10,400
Speaker 1: eliminating purpose to a certain extent, also eliminating income, which

493
00:23:10,440 --> 00:23:13,240
Speaker 1: is a problem. Well that's the solution there is like

494
00:23:13,240 --> 00:23:14,960
Speaker 1: we'll give you, like, can you give me money? Like

495
00:23:15,000 --> 00:23:17,119
Speaker 1: if you can, that money be provided from another source

496
00:23:17,359 --> 00:23:20,000
Speaker 1: without me having to work. But when you remove that purpose,

497
00:23:20,040 --> 00:23:23,200
Speaker 1: I think you also remove like life satisfaction and happiness

498
00:23:23,200 --> 00:23:25,640
Speaker 1: and just kind of all the different things that come

499
00:23:25,680 --> 00:23:30,479
Speaker 1: with what feels like living a meaningful and productive life. Yes,

500
00:23:30,520 --> 00:23:34,040
Speaker 1: so I think the remedy is to find a new job.

501
00:23:34,160 --> 00:23:36,800
Speaker 1: If your job sucks or if your employer is treating

502
00:23:36,840 --> 00:23:40,040
Speaker 1: you like a widget, and good news job markets hot

503
00:23:40,200 --> 00:23:42,760
Speaker 1: you can land a bigger paycheck, better working conditions at

504
00:23:42,800 --> 00:23:45,840
Speaker 1: the same time. So yeah, if if you're kind of

505
00:23:45,840 --> 00:23:47,639
Speaker 1: in that quiet quitting stage, like I'm just going to

506
00:23:47,680 --> 00:23:49,919
Speaker 1: do the bare minimum and just kind of hold my

507
00:23:50,000 --> 00:23:54,320
Speaker 1: nose at the stinky situation that is this job, then

508
00:23:54,920 --> 00:23:56,840
Speaker 1: you should you should really start looking. You should start

509
00:23:56,880 --> 00:24:00,840
Speaker 1: pounding the pavement and uh, start applying for other jobs

510
00:24:01,080 --> 00:24:03,880
Speaker 1: and start and look for companies that specifically are known

511
00:24:03,920 --> 00:24:06,480
Speaker 1: to have a good company culture, um, so that you

512
00:24:06,520 --> 00:24:09,280
Speaker 1: don't end up in the same situation elsewhere. But Matt,

513
00:24:09,320 --> 00:24:11,680
Speaker 1: let's let's move on. Let's talk about food for a second,

514
00:24:11,760 --> 00:24:13,880
Speaker 1: and how there's some good news at the grocery store,

515
00:24:14,320 --> 00:24:18,920
Speaker 1: especially for carnivores for years because steaks getting cheaper, baby,

516
00:24:19,200 --> 00:24:22,080
Speaker 1: and that's it's news to my ear. We're actually we're

517
00:24:22,080 --> 00:24:24,960
Speaker 1: talking about year over year changes here. So almost every

518
00:24:24,960 --> 00:24:26,920
Speaker 1: cut of steak when you look at the numbers, actually

519
00:24:27,000 --> 00:24:31,840
Speaker 1: cost less now than it did in September. Ribby is

520
00:24:31,880 --> 00:24:34,960
Speaker 1: ten percent cheaper, and brisk it is eighteen percent cheaper.

521
00:24:35,280 --> 00:24:37,680
Speaker 1: Actually kind of know this anecdotally from talking to my

522
00:24:37,840 --> 00:24:39,600
Speaker 1: cousin's husband when he smoked a brisk at a couple

523
00:24:39,640 --> 00:24:41,920
Speaker 1: of weekends ago, and he was like, man, prices are

524
00:24:42,320 --> 00:24:44,040
Speaker 1: so much better than they were a few months ago.

525
00:24:44,200 --> 00:24:46,960
Speaker 1: It's back on the menu. Boys. I think you said

526
00:24:46,960 --> 00:24:48,480
Speaker 1: it was like it was like seven dollars a pound

527
00:24:48,520 --> 00:24:50,960
Speaker 1: and ounced down to closer to four. So that's a

528
00:24:51,000 --> 00:24:54,040
Speaker 1: that's a big discount. But yeah, for a minute, those

529
00:24:54,080 --> 00:24:57,919
Speaker 1: prices were just massively elevated, and our advice was consistently

530
00:24:57,960 --> 00:25:00,879
Speaker 1: to you guys, was to trade down too instead of

531
00:25:00,920 --> 00:25:04,480
Speaker 1: buying Ribby, get something cheaper and cooked that for dinner,

532
00:25:04,520 --> 00:25:08,280
Speaker 1: because yeah, Ribby at seven dollars a pound, it's so

533
00:25:08,359 --> 00:25:10,880
Speaker 1: much different than Ribby at fourteen dollars a pound. And

534
00:25:11,200 --> 00:25:13,200
Speaker 1: I'm a fan of eating steak every now and again,

535
00:25:13,359 --> 00:25:16,080
Speaker 1: I don't do it all that often. But actually, Matt,

536
00:25:16,119 --> 00:25:19,040
Speaker 1: I got some this week because I noticed the price

537
00:25:19,119 --> 00:25:21,280
Speaker 1: was down when I was in the store. And then

538
00:25:21,320 --> 00:25:24,240
Speaker 1: I saw this story and I was like, it's true, true,

539
00:25:24,520 --> 00:25:27,080
Speaker 1: and so would you pick that up at Costco? And

540
00:25:27,119 --> 00:25:29,680
Speaker 1: so maybe maybe I'll start eating more steak again in

541
00:25:29,720 --> 00:25:33,120
Speaker 1: the near future. Well I'll not know. The Washington Post

542
00:25:33,200 --> 00:25:35,760
Speaker 1: they actually had an article about how buying meat and

543
00:25:35,880 --> 00:25:38,159
Speaker 1: bulk can save you even more money. And I'm not

544
00:25:38,200 --> 00:25:41,600
Speaker 1: talking about a double pack of steaks at Costco. More

545
00:25:41,640 --> 00:25:44,080
Speaker 1: folks are apparently buying more of their meat directly from

546
00:25:44,080 --> 00:25:46,439
Speaker 1: the local farmers in these days. We're talking like half cows,

547
00:25:46,440 --> 00:25:49,199
Speaker 1: whole cows that kind of buy. Yeah, this is a

548
00:25:49,200 --> 00:25:52,480
Speaker 1: good thing monetarily on a lot of levels, not only

549
00:25:52,520 --> 00:25:55,280
Speaker 1: for us as consumers, but also for the farmers. I've

550
00:25:55,320 --> 00:25:58,399
Speaker 1: seen relatives actually get a whole or half cow that

551
00:25:58,440 --> 00:26:01,080
Speaker 1: allows them to just curb their overall cost per pound

552
00:26:01,119 --> 00:26:03,239
Speaker 1: in a significant way. Obviously, you gotta have a deep

553
00:26:03,280 --> 00:26:05,160
Speaker 1: freezer in order to de store all of that meat

554
00:26:05,200 --> 00:26:08,199
Speaker 1: unless you just got a big appetite, buddy, even if

555
00:26:08,200 --> 00:26:10,120
Speaker 1: you have a big appetite, you're not gonna get that far.

556
00:26:10,560 --> 00:26:13,080
Speaker 1: But what what are your thoughts on this? You've got, uh,

557
00:26:13,640 --> 00:26:16,600
Speaker 1: do you have a fridge or a freezer in your garage? Fridge? Fridge?

558
00:26:16,640 --> 00:26:18,520
Speaker 1: Would you be willing to put in a deep freeze

559
00:26:18,520 --> 00:26:21,600
Speaker 1: in order to get you get yourself, say a half cow,

560
00:26:21,640 --> 00:26:23,720
Speaker 1: in order to say you know, I think I would

561
00:26:23,760 --> 00:26:26,320
Speaker 1: consider it, but we've never done it. And but if

562
00:26:26,359 --> 00:26:28,280
Speaker 1: someone if let's say my city, I think my my

563
00:26:28,320 --> 00:26:30,280
Speaker 1: older sister has done this before and if she reached

564
00:26:30,280 --> 00:26:31,560
Speaker 1: out to me, she's like, hey, would you guys want

565
00:26:31,560 --> 00:26:34,320
Speaker 1: to split a half cow. It's gonna cost five bucks

566
00:26:34,320 --> 00:26:37,640
Speaker 1: a pound, and that's that's cheaper than even the cheap

567
00:26:37,640 --> 00:26:39,480
Speaker 1: cuts a bee or something like that, and you're gonna

568
00:26:39,480 --> 00:26:41,479
Speaker 1: get some of the good stuff too. I would I

569
00:26:41,520 --> 00:26:44,080
Speaker 1: totally consider it. Yeah, Yeah, I think some folks might

570
00:26:44,119 --> 00:26:46,560
Speaker 1: be hesitant just because they're like, well, you gotta you

571
00:26:46,640 --> 00:26:48,880
Speaker 1: gotta buy a fridge or a freezer. You gotta buy

572
00:26:48,880 --> 00:26:50,919
Speaker 1: deep freeze. Those those things aren't cheap, but you can

573
00:26:51,040 --> 00:26:54,200
Speaker 1: find them on sale. Uh. And the other thing, I

574
00:26:54,280 --> 00:26:55,960
Speaker 1: feel like the other part of the equation is thinking

575
00:26:55,960 --> 00:26:59,040
Speaker 1: through like electricity use, and it turns out de freezes

576
00:26:59,080 --> 00:27:01,159
Speaker 1: don't use all that much ectricity. We actually, you know,

577
00:27:01,280 --> 00:27:05,840
Speaker 1: we calculated this because here where the studio is our landlord.

578
00:27:06,000 --> 00:27:08,640
Speaker 1: He's got his deep freeze plugged into our electric electricity

579
00:27:08,720 --> 00:27:10,959
Speaker 1: down to the garage and he just wanted to make

580
00:27:10,960 --> 00:27:12,720
Speaker 1: sure that we were cool with that. It's just like, hey, guys,

581
00:27:12,720 --> 00:27:15,000
Speaker 1: just just so you know, you know, is that okay

582
00:27:15,040 --> 00:27:17,720
Speaker 1: if we've got the deep freeze down there, and we're like,

583
00:27:17,920 --> 00:27:19,360
Speaker 1: as long as we can get some rid by out

584
00:27:19,359 --> 00:27:20,760
Speaker 1: of there every once in a while. I know we

585
00:27:20,760 --> 00:27:22,040
Speaker 1: we did the math and it was I mean, I'm

586
00:27:22,080 --> 00:27:23,800
Speaker 1: pretty sure it was less than fifty bucks. I think

587
00:27:23,800 --> 00:27:26,040
Speaker 1: it was closer to thirty bucks a year is what

588
00:27:26,119 --> 00:27:28,400
Speaker 1: it would cost. And so think about how much money

589
00:27:28,400 --> 00:27:31,840
Speaker 1: you'd be saving per pound on that beef. Uh, and

590
00:27:31,960 --> 00:27:35,600
Speaker 1: certainly factor thirty bucks a year into the equation factor

591
00:27:35,640 --> 00:27:38,320
Speaker 1: in finding a deep freeze on sale or maybe you know,

592
00:27:38,359 --> 00:27:40,600
Speaker 1: on Facebook marketplace. But I think it could definitely be

593
00:27:40,680 --> 00:27:43,440
Speaker 1: a way of reducing that grocery bill in a major way,

594
00:27:43,560 --> 00:27:46,560
Speaker 1: especially if you are a big fan of meat mistake. Yeah,

595
00:27:46,800 --> 00:27:49,879
Speaker 1: And I think one one thing somebody who's listening, especially

596
00:27:49,880 --> 00:27:52,800
Speaker 1: if they're if they're vegan or they're really conscious about

597
00:27:52,960 --> 00:27:55,320
Speaker 1: how much meat they consume, they might be wondering what

598
00:27:55,359 --> 00:27:58,200
Speaker 1: about the effects of eating meat on climate change? Guys,

599
00:27:58,280 --> 00:28:00,560
Speaker 1: And you're encouraging people to go eat like three stakes

600
00:28:00,600 --> 00:28:04,280
Speaker 1: a day, No, not necessarily. Well, and the Atlantic they

601
00:28:04,280 --> 00:28:07,160
Speaker 1: actually published a really great article this week about how

602
00:28:07,160 --> 00:28:12,600
Speaker 1: a world without animal agriculture it's not necessarily more environmentally

603
00:28:12,760 --> 00:28:16,119
Speaker 1: friendly than a fully vegan world would, yeah, which I

604
00:28:16,119 --> 00:28:18,160
Speaker 1: thought was interesting. It was a really nuanced take and

605
00:28:18,160 --> 00:28:20,679
Speaker 1: and basically what they said, Matt was that a world

606
00:28:20,720 --> 00:28:23,640
Speaker 1: without meat would require a third more crop land, and

607
00:28:24,240 --> 00:28:27,520
Speaker 1: large swaths of animal grazing land just aren't conducive to

608
00:28:27,520 --> 00:28:29,760
Speaker 1: anything else. It's not like you could grow crops in

609
00:28:29,800 --> 00:28:32,840
Speaker 1: some of those areas. And so we totally think that

610
00:28:32,920 --> 00:28:35,000
Speaker 1: a lot of Americans could stand eat less meat than

611
00:28:35,040 --> 00:28:38,800
Speaker 1: they do. Now, that's certainly true, right, But eating less meat,

612
00:28:38,920 --> 00:28:41,480
Speaker 1: especially the more expensive cuts, is going to curb your

613
00:28:41,520 --> 00:28:43,240
Speaker 1: grocery bill in a meaningful way. So that's just a

614
00:28:43,480 --> 00:28:44,800
Speaker 1: that's just a good thing to do if you want

615
00:28:44,800 --> 00:28:47,640
Speaker 1: to save money. But if you consider the earth, you're

616
00:28:47,640 --> 00:28:51,320
Speaker 1: considered about, you're worried about overall human flourishing in your

617
00:28:51,320 --> 00:28:53,400
Speaker 1: eating decisions. I don't know. I thought that was an

618
00:28:53,400 --> 00:28:55,680
Speaker 1: interesting article and it it shown some new light on

619
00:28:55,920 --> 00:28:58,040
Speaker 1: because I've I've always kind of been like, I've wondered that.

620
00:28:58,080 --> 00:29:00,040
Speaker 1: I'm like, is it is it really that bad in

621
00:29:00,080 --> 00:29:02,800
Speaker 1: the environment. There's a there's people have different takes on that,

622
00:29:03,000 --> 00:29:05,719
Speaker 1: and I thought that that article in particular provided just

623
00:29:05,800 --> 00:29:10,160
Speaker 1: a helpful nuanced view of me. We should eat less, yes, um,

624
00:29:10,200 --> 00:29:13,040
Speaker 1: and most Americans probably should yes, And eating less is

625
00:29:13,080 --> 00:29:15,600
Speaker 1: good for our bottom line too, typically nice, Yeah, I

626
00:29:15,680 --> 00:29:17,880
Speaker 1: didn't see that article, but I guess the big question

627
00:29:17,880 --> 00:29:19,920
Speaker 1: I would bring up would be what about all the

628
00:29:19,960 --> 00:29:22,239
Speaker 1: cow farts, because that's what you always hear about, all

629
00:29:22,280 --> 00:29:24,880
Speaker 1: the cow farts and burbs and the methane that they're producing.

630
00:29:24,920 --> 00:29:30,760
Speaker 1: I think that's something like of the overall overall emission emissions. Yeah,

631
00:29:30,880 --> 00:29:33,720
Speaker 1: I'm from cows, but uh lit, we'll make sure the

632
00:29:33,760 --> 00:29:36,440
Speaker 1: link to that. Uh. And you know, like I feel

633
00:29:36,440 --> 00:29:38,080
Speaker 1: like we're giving Costco a lot of love. We talked

634
00:29:38,080 --> 00:29:40,480
Speaker 1: about buying steaks from them. You can also buy a

635
00:29:40,520 --> 00:29:43,320
Speaker 1: deep freeze from them, because let's go on sale a

636
00:29:43,360 --> 00:29:45,440
Speaker 1: couple of times a year. Let's get some love to

637
00:29:45,440 --> 00:29:47,880
Speaker 1: the Sam's Club. Or actually, I guess we're kind of

638
00:29:47,880 --> 00:29:51,000
Speaker 1: throwing shade their way because they're raising their membership price

639
00:29:51,400 --> 00:29:54,960
Speaker 1: from forty five to fifty bucks for like their regular membership,

640
00:29:55,000 --> 00:29:57,880
Speaker 1: and then from a hundred bucks to d ten for

641
00:29:58,120 --> 00:30:01,200
Speaker 1: its quote unquote plus level. Uh And so this price

642
00:30:01,240 --> 00:30:04,760
Speaker 1: like is going to go into effect on October, but

643
00:30:05,160 --> 00:30:07,520
Speaker 1: Sam's Club they will be giving members five dollars in

644
00:30:07,760 --> 00:30:10,280
Speaker 1: uh Sam's Club bucks, That's what I'll call them, for

645
00:30:10,320 --> 00:30:13,360
Speaker 1: the first year of this increase. So that'll be nice, right,

646
00:30:13,440 --> 00:30:15,320
Speaker 1: kind of eases the pain a little bit, gets you

647
00:30:15,400 --> 00:30:17,120
Speaker 1: used to the idea that the prices are going to

648
00:30:17,200 --> 00:30:19,960
Speaker 1: be going up, giving you a full twelve months uh

649
00:30:20,000 --> 00:30:22,840
Speaker 1: in advanced notice. So we wanted to share that we

650
00:30:22,880 --> 00:30:25,760
Speaker 1: are more of Costco dudes here, But Sam's it's a

651
00:30:25,760 --> 00:30:28,160
Speaker 1: great warehouse option for a lot of folks, especially if

652
00:30:28,200 --> 00:30:30,480
Speaker 1: that's the only option that you have in your area. Uh.

653
00:30:30,520 --> 00:30:32,920
Speaker 1: And honestly, a five dollar increase, it's probably not gonna,

654
00:30:33,120 --> 00:30:36,080
Speaker 1: you know, cause many members to piece out, but like

655
00:30:36,240 --> 00:30:38,120
Speaker 1: it is always going to be a good idea to

656
00:30:38,160 --> 00:30:41,239
Speaker 1: reassess whether or not you're getting enough value out of

657
00:30:41,280 --> 00:30:44,479
Speaker 1: that membership when your renewal date comes around. It's just

658
00:30:44,560 --> 00:30:48,360
Speaker 1: like the subscriptions that we often have deducted from our account.

659
00:30:48,440 --> 00:30:51,640
Speaker 1: We're so prone just to let those charges continue to

660
00:30:51,720 --> 00:30:53,920
Speaker 1: rack up and we're not really thinking hard about whether

661
00:30:54,000 --> 00:30:56,440
Speaker 1: or not we are gaining any value from it, whether

662
00:30:56,560 --> 00:30:59,200
Speaker 1: we're talking about Netflix or something that typically will save

663
00:30:59,240 --> 00:31:01,680
Speaker 1: you money, something like warehouse club. Uh. And so that's

664
00:31:01,680 --> 00:31:05,360
Speaker 1: something to constantly reassess within your budget. Yeah. Now I'm

665
00:31:05,360 --> 00:31:07,280
Speaker 1: on the edge of my seat if you see if

666
00:31:07,280 --> 00:31:09,880
Speaker 1: Costco is going to raise its membership Rice, Yeah, they

667
00:31:09,880 --> 00:31:12,520
Speaker 1: probably will. On the last time the CEO was interviewed,

668
00:31:12,520 --> 00:31:14,560
Speaker 1: he was like, it's not on our radar, but it

669
00:31:14,640 --> 00:31:17,160
Speaker 1: might be now, so we'll see what happens. But Matt,

670
00:31:17,240 --> 00:31:20,040
Speaker 1: that's gonna do it for this episode. We will, of

671
00:31:20,080 --> 00:31:23,960
Speaker 1: course put links to everything that we we mentioned today

672
00:31:24,120 --> 00:31:27,080
Speaker 1: on our website at how to money dot com. That's right.

673
00:31:27,240 --> 00:31:30,720
Speaker 1: So we hope everyone has a fantastic holiday weekend. Labor

674
00:31:30,800 --> 00:31:32,880
Speaker 1: Day is going to be on Monday. Don't forget. How

675
00:31:32,920 --> 00:31:34,520
Speaker 1: could you forget if you've got the day off. I'm

676
00:31:34,520 --> 00:31:36,360
Speaker 1: sure you're looking forward to that, but don't forget about us.

677
00:31:36,360 --> 00:31:38,800
Speaker 1: Don't forget about How the Money. We've got a great

678
00:31:38,960 --> 00:31:41,280
Speaker 1: ask How the Money episode lined up for you where

679
00:31:41,280 --> 00:31:44,680
Speaker 1: we're gonna be taking listener questions so you can look

680
00:31:44,840 --> 00:31:47,440
Speaker 1: forward to that. Joel, that's gonna be it for today,

681
00:31:47,480 --> 00:32:02,000
Speaker 1: But until next time, best Friends Out, Best Friends Out,