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Speaker 1: Welcome to had of Money. I'm Joel and I am Matt.

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Speaker 1: And today we're talking credit contradictions, Lasagna on layaway and

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Speaker 1: no more Bolt.

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Speaker 2: And we're not going to start reading the obituaries you've

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Speaker 2: seen Bolt. He didn't die, did he? No? No, Okay, So

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Speaker 2: I was about to make a joke about him not die,

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Speaker 2: but I wanted to make sure that he didn't actually die.

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Speaker 2: And he's so sad in recent years, and maybe I

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Speaker 2: overlook that. No, we are not talking about the world's

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Speaker 2: fastest sprinter, but we will be getting to a story

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Speaker 2: on the Bolt. And if you don't know what we're

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Speaker 2: talking about, you'll have to stick around and see.

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Speaker 1: That's right. Yeah, don't make it easy on a Matt.

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Speaker 1: So I've got a frugler cheap for you, Joel, and

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Speaker 1: I kind of already know the answer here. But would

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Speaker 1: you move for Would you move to a new city

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Speaker 1: for over fifteen thousand dollars in incentives? Depends on what city.

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Speaker 2: I guess, how about Noblesville, Indiana? You never heard of

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Speaker 2: as they So there are a bunch of different cities

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Speaker 2: out there who are dangling carrots in front of potential

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Speaker 2: new citizens to move to their city to move to

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Speaker 2: certain counties we're talking about it.

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Speaker 1: There's like a town in Arkansas that was giving people

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Speaker 1: a mountain bike in addition to like some cats. Right, yeah, yeah.

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Speaker 2: So there's actually a website that we stumbled across recently.

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Speaker 2: It is make my move dot com. And this is actually, honestly,

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Speaker 2: if you are seriously considering just moving because you don't

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Speaker 2: want to keep living wherever it is that you are living,

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Speaker 2: but you don't really care where you're moving to, well

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Speaker 2: check out this website because there might be a town

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Speaker 2: or two that might make it to your short list

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Speaker 2: if you don't care where you live at all. I mean,

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Speaker 2: I don't know how many people that would be. I

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Speaker 2: could see myself potentially moving to a new town for

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Speaker 2: the adventure of it, like right out of college, or

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Speaker 2: like if Kate and I had just gotten married and

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Speaker 2: were up for some adventure in our lives.

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Speaker 1: You can weigh the scales a little bit, but you

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Speaker 1: certainly don't want to make your decision based solely around this.

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Speaker 1: It makes me think of that would be cheap. Yeah,

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Speaker 1: how people sometimes move. They're like, I'm gonna move to

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Speaker 1: a new state because tax rates are lower there and

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Speaker 1: I'm not saying that that's not a factor that should

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Speaker 1: come into play when you're trying to figure out where

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Speaker 1: you want to live, But you can overweight that factor

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Speaker 1: and then end up living somewhere you don't love and

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Speaker 1: it makes a difference a grand, two grand, maybe a

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Speaker 1: year in tax or something like that. And so yeah,

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Speaker 1: there's a chance that you might be overthinking how much

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Speaker 1: money this is going to mean in your life. If

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Speaker 1: you move to some town and then you're like, wait

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Speaker 1: a second, I don't like it here, but maybe you would.

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Speaker 2: I didn't know.

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Speaker 1: Maybe some of these towns, yeah, are really cool. Just

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Speaker 1: do your research first, go visit whatever. Yeah, a lot

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Speaker 1: of them are in the heartland. So if you're planning

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Speaker 1: a road trip, maybe across the country.

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Speaker 2: I don't know, check out this website. Maybe you can

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Speaker 2: drive through some of these towns and you might just

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Speaker 2: find your your next new hometown. All right, Joe, this

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Speaker 2: is our Friday flight, And that isn't the only story

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Speaker 2: that we're gonna come It's not really a story. It's

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Speaker 2: just something we came across randomly. But we're going to

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Speaker 2: talk about the actual news, the actual headlines that we

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Speaker 2: came across. This week and how they pertain to your

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Speaker 2: personal finances. And we're going to touch on housing affordability first, Joel,

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Speaker 2: because it is actually getting more expensive to buy a home,

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Speaker 2: and folks who didn't know that, but it's also getting

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Speaker 2: more expensive to buy a home if you've got great.

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Speaker 1: Credits, which is counterintuitive. That's why we call this one

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Speaker 1: credit contradiction exactly. Yeah, starting May first, So starting on Monday,

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Speaker 1: Fannie May and Freddie Mac they are implementing changes to

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Speaker 1: fees that are called loan level price adjustments also known

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Speaker 1: as LPA's. I like a good abbreviation if you like

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Speaker 1: your acronyms. And not only will this fee lead to

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Speaker 1: closing costs going up for borrowers with great credit, it's

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Speaker 1: also going to significantly decrease closing costs.

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Speaker 2: For those with poor credit. And this is just such

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Speaker 2: a bummer to see because basically the FHA, it seems

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Speaker 2: like that they are incentivizing poor behavior, or at least

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Speaker 2: panalizing poor behavior less And I like, I don't necessarily

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Speaker 2: think that this is going to lead to the housing

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Speaker 2: bubble and the great recession that we saw, but it

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Speaker 2: feels like a similar story, right, It feels like we're

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Speaker 2: we might be going in that direction. But the clearest

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Speaker 2: example of how this might affect closing costs comes from ABC.

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Speaker 2: They crunch the numbers, and let's say you've got a

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Speaker 2: borrower who has a seven hundred and fifty credit score

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Speaker 2: they put down twenty five percent for a four hundred

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Speaker 2: thousand dollars home. Well, that borrower is going to pay

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Speaker 2: point three seven five percent in fees, totaling just over

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Speaker 2: one thousand bucks, whereas they used to only pay point

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Speaker 2: two five percent or seven hundred and fifty dollars under

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Speaker 2: the old rules before May first. But now let's take

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Speaker 2: that same house, right, four hundred thousand. Let's take the

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Speaker 2: same down payment twenty five percent down. But now let's

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Speaker 2: say it's a borrower with a six hundred and fifty

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Speaker 2: credit score. Will they now pay one point five percent

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Speaker 2: in fees totaling forty five hundred dollars And this is

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Speaker 2: the big change in the rule. But compare that to

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Speaker 2: two point seventy five percent or a little over eight

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Speaker 2: thousand dollars under the old rules. It has gone down

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Speaker 2: significantly for those who have just credit. That's not all

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Speaker 2: that great. It seems counterintuitive to us and really, it's

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Speaker 2: just a small slap on the wrist for those who

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Speaker 2: do have great credit, but it's just a massive boost

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Speaker 2: for those who have not handled their credit well. And

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Speaker 2: it really feels like that they are de incentivizing folks

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Speaker 2: handling their money well.

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Speaker 1: And I've never seen something in my I don't know,

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Speaker 1: eighteen years in the personal finance space that is like penalizing.

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Speaker 1: It starts to penalize people more who have great credit.

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Speaker 1: Never seen that happen before. It's always and we've talked

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Speaker 1: about this, like having great credit is a boon to

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Speaker 1: your financial life in so many ways when it comes

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Speaker 1: to us applying for a job, when it comes to

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Speaker 1: getting the best rate on something, there's so many reasons

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Speaker 1: to when it comes to finding a place to live,

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Speaker 1: it signing a lease, right, there's so many reasons to

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Speaker 1: have great credit. And I certainly don't think like you

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Speaker 1: should tank your credit score in order to cause you're

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Speaker 1: still going to pay more in fees. But it's one

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Speaker 1: of those things. It is counterintuitive and for a lot

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Speaker 1: of people who say I worked really hard to get

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Speaker 1: this credit score up to snuff, well, sadly you're gonna

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Speaker 1: be paying a little bit more fees when you buy

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Speaker 1: a home or if you buy a home, and the

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Speaker 1: truth is, though, you're still paying lesson fees overall if

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Speaker 1: your credit score is great. That bears repeating, But yeah,

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Speaker 1: we'll see how this actually plays out in the market.

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Speaker 1: But I want to on the note of borrowing matt

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Speaker 1: and borrowing incentives, some lenders are offering a new type

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Speaker 1: of auto loan that maybe we should discuss. It's a

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Speaker 1: green auto loan, and we think you're going to start

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Speaker 1: seeing these marketed more regularly in the coming years and months.

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Speaker 1: They're the same as regular role car loans. But if

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Speaker 1: you're buying a green vehicle, so basically like an ev

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Speaker 1: a plugin EV something like that, you can snag a

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Speaker 1: lower rate, maybe around half a point lower than which

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Speaker 1: you'd get buying a gas powered car. But given what's

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Speaker 1: happened with interest rates, car loans suck. They're really expensive

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Speaker 1: right now, and so the average interest rate on a

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Speaker 1: new car you're getting something close to eight percent on

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Speaker 1: the open market, and the average rate on a used

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Speaker 1: car that you're going to pay when you if you

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Speaker 1: finance it, it's going to be in the eleven to

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Speaker 1: twelve percent range. That's if you have good credit, and

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Speaker 1: so sure, if you buy an EV you might score

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Speaker 1: a slightly lower rate, maybe half a point less or

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Speaker 1: something like that, but it doesn't make it that much better.

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Speaker 1: And so yeah, is this like maybe one helpful thing

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Speaker 1: if you're buying going electric or something like that, to

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Speaker 1: pay less a better interest rate on that loan. Sure,

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Speaker 1: but still we just don't really like the idea of

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Speaker 1: financing vehicles at all.

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Speaker 2: Yeah. Well, because you're still financing a depreciating asset, which

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Speaker 2: isn't our favorite thing to do. This is a double wayman.

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Speaker 2: You're paying in interest every single month, and by the way,

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Speaker 2: the value of that asset is decreasing. So maybe just

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Speaker 2: avoid all auto loans, you know, even the green ones

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Speaker 2: out there, if at all possible. Yeah, and if you

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Speaker 2: don't think you can pay cash for a good used car,

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Speaker 2: well we'll link to Kelly Blue Book's list of the

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Speaker 2: ten best used cars that you can score for under

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Speaker 2: ten thousand dollars. But it's no surprise that Toyota and

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Speaker 2: Honda they basically took the top five spots. Not only

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Speaker 2: are they reliable, but they're just affordable as well. You

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Speaker 2: can get a nice used one, and by the way,

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Speaker 2: while we're talking about specific cars. We alluded to this

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Speaker 2: in the headline, but Chevrolet Chevy they killed the Bolt.

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Speaker 2: So no longer is there like a new affordable, entry

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Speaker 2: level electric vehicle out there on the market. It's gonna

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Speaker 2: be this is gonna be your last year to buy one. Basically,

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Speaker 2: they're not making them next year. They're trying to make

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Speaker 2: room in that factory to build electric trucks, which I

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Speaker 2: get it, I get it, but that's where the profits are.

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Speaker 2: So the reason they're doing this is because there's much

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Speaker 2: more margin when it comes to larger vehicles which they

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Speaker 2: can charge more for, or luxury electric vehicles, which is

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Speaker 2: I mean, they're completely dominating the market, but it means

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Speaker 2: that it's basically a luxury good in order to switch

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Speaker 2: to an electric vehicle.

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Speaker 1: It stinks for cost sensitive consumers who want to go

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Speaker 1: EV because the Bolt was kind of the only game

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Speaker 1: in town at that really cheap price point, and it still,

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Speaker 1: by the way, qualifies for that full federal tax credit.

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Speaker 1: So if you're like, oh, I really do think the

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Speaker 1: Bolt's going to be the car for me, we'll just

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Speaker 1: know that it might not be the car for you

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Speaker 1: next year because they're not making to make any more

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Speaker 1: new versions of it, so it might have to pounce

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Speaker 1: sooner rather than later. But let's talk about investing for

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Speaker 1: a second Matt. More companies are launching four one ks

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Speaker 1: for workers, which is great news, like more people have

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Speaker 1: access to a retirement acount through their workplace than ever before,

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Speaker 1: and that's largely because it's never been easier and cheaper

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Speaker 1: to provide retirement benefits for your employees, even if you're

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Speaker 1: a small business owner who has just a few employees,

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Speaker 1: even if you're small potatoes. And so just to for

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Speaker 1: people who are listening out there who are small business

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Speaker 1: owners and you're like, oh, I haven't done that yet,

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Speaker 1: I probably should offer that perk to my employees. I

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Speaker 1: would love to be able to. You might be able

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Speaker 1: to retain better talent, keep people around if you're offering

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Speaker 1: them some sort of retirement account. But maybe you thought

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Speaker 1: it was too expensive to go in that direction, too

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Speaker 1: expensive to offer that benefit. Well, Guideline is one of

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Speaker 1: the best low cost places to do it. You could

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Speaker 1: literally be spending less than one hundred bucks a month

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Speaker 1: depending on the number of employees you have to offer

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Speaker 1: that perk. And so that's a place to start looking

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Speaker 1: and if you have a couple of people working for you,

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Speaker 1: and again, if you want to keep them, this is

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Speaker 1: one of those things you might want to offer this benefit.

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Speaker 1: If you're losing talent, this is a way to help

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Speaker 1: retain them at least. And I'm starting to hear Matt

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Speaker 1: that some companies are becoming less generous by the way

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Speaker 1: they're cutting the match that they offer. Like one of

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Speaker 1: my friends, he works out of place and they they

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Speaker 1: just stopped offering a four to one K match on

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Speaker 1: that retirement account. So he's trying to figure out what

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Speaker 1: should he do, right, And I basically told him, like, hey,

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Speaker 1: you might want to start stocking money into your roth

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Speaker 1: IRA first and then start putting money in the four

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Speaker 1: to one K after you've maxed that out. But also

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Speaker 1: you might want to start looking for another job. I

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Speaker 1: think those Yeah, you know, it could be a bad

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Speaker 1: sign for that business, for that particular company, and you

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Speaker 1: might be able to make more income and snagger retirement

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Speaker 1: match at the same time if you kind of mosey

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Speaker 1: on down the road. Yeah.

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Speaker 2: So, even though generally speaking, more companies are offering more

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Speaker 2: benefits to their employees like four to win ks, anecdotally,

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Speaker 2: that doesn't mean that everybody is expanding those offerings, but

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Speaker 2: generally speaking, we are seeing this trend. More retirement options

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Speaker 2: are being offered to employees, and the good news is

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Speaker 2: that more employees are taking the bait. They are actually

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Speaker 2: utilizing and participating in these four win ks, which makes sense.

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Speaker 2: There's actually been a fit fifteen percent increase in the

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Speaker 2: amount of folks who have been socking away money within

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Speaker 2: these workplace retirement accounts over the past fifteen years. That's

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Speaker 2: going to be a stat that'll be easy for me

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Speaker 2: to remember, fifteen to fifteen. So there are a few

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Speaker 2: reasons for this increase though. First of all, education, more

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Speaker 2: folks know what forwin k's are at this point in time, right,

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Speaker 2: I mean, basically, the longer they've been around, the more

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Speaker 2: folks are like, oh, yeah, I know what those are.

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Speaker 2: But two automatic enrollment when the default option is that

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Speaker 2: you are going to start investing once you get hired here,

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Speaker 2: obviously you're going to see more folks participating it. But

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Speaker 2: three target date funds, which means these are funds that

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Speaker 2: folks are able to pinpoint towards a year far off

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Speaker 2: into the future. And then the portfolio composition. Essentially it

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Speaker 2: gets rebalanced over the years. So this all comes from

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Speaker 2: new data from Vanguard, and it just screams to me

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Speaker 2: that if we can just make investing simple for people,

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Speaker 2: that they'll do the right thing. Yeah.

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Speaker 1: Right.

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Speaker 2: It's like we don't talk a whole lot about target

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Speaker 2: date funds honestly, within retirement accounts because they're not technically

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Speaker 2: the app slute best choice. Depending on what age you

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Speaker 2: are and what your goals are, Yeah, it might be

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Speaker 2: the best choice. They're up there, they're up there, but

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Speaker 2: oftentimes they have they do have higher fees. But guess

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Speaker 2: what they might be the good enough choice, right, Because

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Speaker 2: if you have the options of on one hand, you've

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Speaker 2: got the perfect choice that nobody takes advantage of, but

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Speaker 2: on the other hand, you have a pretty dang good

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Speaker 2: option that everybody participates in. Well, we're gonna opt for

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Speaker 2: the good enough option every single time.

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Speaker 1: Behavioral finance right there, Yeah, absolutely choosing the thing that

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Speaker 1: most people are actually going to do, and that's what we're.

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Speaker 2: As opposed to what they should be doing, right, because

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Speaker 2: that's one that's what behavioral psychology and behavioral finance recognizes,

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Speaker 2: is that we are not perfectly rational beings. We oftentimes

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Speaker 2: make the best decisions for ourselves. We make the decisions

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Speaker 2: that are in our best interest, but not always. Sometimes

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Speaker 2: a lot of times we make some dumb decisions, and

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Speaker 2: sometimes we want the best thing in the short term

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Speaker 2: that's not best for the long term. It's like being

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Speaker 2: the whole tip of ice cream or something like. I

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Speaker 2: haven't never done that myself, but I'm sure Matt you

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Speaker 2: have with a fork, Yes, sometimes with a spork.

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Speaker 1: Who knows? Do you ever do that?

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Speaker 2: Scrape the ice cream out of the ice cream? You

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Speaker 2: can do it with this thing with a fork, all

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Speaker 2: do you have to do it with the fork? I

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Speaker 2: don't know. I like doing it with the fork. I

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Speaker 2: like going around the edge as you're holding it, because

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Speaker 2: if you're not going to admit to yourself that you're

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Speaker 2: gonna actually serve yourself up some ice cream, which you do.

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Speaker 2: Everybody out there knows this. You hold the ice cream

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Speaker 2: container the carton in your hand and it kind of

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Speaker 2: starts to warm the ice cream around the edges, and

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Speaker 2: so you're able to use a fork and kind of

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Speaker 2: scrape but around the edges and you work your way down.

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Speaker 2: You're the king of Have you never done thatimation. Now, Okay,

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Speaker 2: if you have done this, then you're listening to the

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Speaker 2: words coming out of my mouth. Please reach out to

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Speaker 2: how to Money to let me know that I'm not alone.

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Speaker 1: It's not I'm just gonna like out of not.

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Speaker 2: I'm just gonna get depressed.

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Speaker 1: Yeah, if you're all alone in your ice cream meeting, ways,

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Speaker 1: all right, Well yeah, so it's good about that. It's

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Speaker 1: good news that more people are using four on case,

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Speaker 1: and it's good news that people are using target date funds.

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Speaker 1: Even though they might not be our absolute favorite, there's

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Speaker 1: still a really awesome choice for so many people. But

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Speaker 1: speaking of kind of what investments you choose, let's talk

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Speaker 1: about stock picking for a second. Matt, everybody who's listened

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Speaker 1: for any amount of time to the show that we

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Speaker 1: are not fans of stockpicking, of investing in individual stocks.

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Speaker 1: And the reason is because even active managers who that's

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Speaker 1: their job, that's their day job, is to outperform the

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Speaker 1: market by investing in particular stocks, they continue to underperform

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Speaker 1: the index funds that you and I that we keep

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Speaker 1: recommending like clockwork on this show. And last year when

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Speaker 1: the market tanked by twenty percent, it was a great

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Speaker 1: opportunity for stock pickers to show their brilliance. And yet

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Speaker 1: it's your time to shine. Now, come on, Hey, the

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Speaker 1: market's like plummeting. How are you able to at least

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Speaker 1: lose less than what's happening in the market as a whole.

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Speaker 1: But the majority of those managers, they lost money in

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Speaker 1: the market that year, They lost more than what the

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Speaker 1: index funds lost. And the stats only get worse over

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Speaker 1: a longer timeline. The longer you give it, the worse.

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Speaker 1: Active fund managers tend to perform over five year time period,

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Speaker 1: eighty six percent of them underperform. Over ten it's ninety

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Speaker 1: one percent, and over twenty years it's ninety five percent.

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Speaker 1: So that is a startling statistics if you're if you're

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Speaker 1: planning on investing for a couple of decades, low cost

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Speaker 1: index funds are a brilliant way to go. They are

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Speaker 1: the best way to go unless you find that five

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Speaker 1: percent slice that's somehow better. But how are you gonna

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Speaker 1: know ahead of time? You might not know until it's

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Speaker 1: too late. And as an ongoing Morning Star study demonstrates,

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Speaker 1: they did this years ago, Matt and then they did

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Speaker 1: a recent follow up. They have found consistently that fees

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Speaker 1: or lack thereof, are the best indicator of future returns.

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Speaker 1: Morning Star, who rates funds with star levels. They have

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Speaker 1: even stated in the past they have said, you know

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Speaker 1: what matters more than the Star ratings. We give the

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Speaker 1: funds fees that has the biggest impact. That has the

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Speaker 1: biggest impact. And so it's not a bad idea to

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Speaker 1: have a fund or invest in a fund that is

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Speaker 1: highly rated by morning Star, but only if it also

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Speaker 1: comes with low fees, because that that's the hinge point,

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Speaker 1: that's the most important factor.

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Speaker 2: Yeah, that's the only guaranteed rate that you can expect

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Speaker 2: or in this case, expect to pay. But we've got

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Speaker 2: some additional stories, some additional headlines, Joel, that we're gonna

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Speaker 2: get to during this episode. We're gonna touch on repair cafes,

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Speaker 2: what they are and why you should probably check one out.

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Speaker 2: We'll get to that plus other stories right after this.

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Speaker 2: All right, Matt, the Friday flight keeps rolling. Let's move on,

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Speaker 2: And of course we always got to get to the ludicrous.

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Speaker 1: Headline of the week. This one comes from Fast Company,

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Speaker 1: and the headline reads, Americans are choosing lottery tickets and

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Speaker 1: maybe even fortune tellers over financial planners. I read that

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Speaker 1: and I was like, must read what's going on there?

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Speaker 1: Fortune tellers really?

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Speaker 2: Like you always love a headline with maybe Yeah, well

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Speaker 2: they're couching it a little bit, which makes sense given

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Speaker 2: the data that we see inside of it.

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Speaker 1: But there's this new study from Empower, which used to

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Speaker 1: be Personal Capital, which is a great website, especially if

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Speaker 1: you want to track your net worth, and they found

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Speaker 1: that seventy one percent of Americans have purchased a lottery

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Speaker 1: ticket and twenty four percent of millennials have gone to

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Speaker 1: see a fortune teller. So question to you that kind

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Speaker 1: of blows my mind, it does. Have you ever been

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Speaker 1: to see a fortunate No?

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Speaker 2: I mean yeah, not even like was it a Tom

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Speaker 2: Hanks movie big, you know, with like the yeah, what

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Speaker 2: was his name like Zozo or something like that. Yes,

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Speaker 2: so been so long like his mouth opens and get

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Speaker 2: the coin in there.

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Speaker 1: Yeah. I mean I see like the tarot card readers

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Speaker 1: and stuff, and I see the palm readers, and I've

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Speaker 1: just I've never done it. I've never ventured in yep,

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Speaker 1: not interested.

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Speaker 2: I't mind it.

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Speaker 1: But only thirty three percent of people have actually spoken

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Speaker 1: to a financial planner and I was kind of surprised that.

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Speaker 2: Which we can actually get a little more behind. But

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Speaker 2: even still, it's kind of like, well, there's a few

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Speaker 2: caveats on whether you need to go see a financial planner.

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Speaker 1: Yeah, exactly. We've kind of talked about that before on

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Speaker 1: the show too. But this survey just had so much

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Speaker 1: interesting data and information about the lack of personal money

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Speaker 1: knowledge that most folks have. Half of people are unaware

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Speaker 1: what their net worth is, they have no idea, and

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Speaker 1: sixty two percent said they don't talk about money at all,

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Speaker 1: like ever, and so I don't know. It just goes

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Speaker 1: to show that America's personal finance problems are persistent. If

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Speaker 1: we're trusting, if we'd rather buy lottery tickets and see

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Speaker 1: uh is a palm reader and talk about money with

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Speaker 1: a friend, that to me, he shows a pervasive problem.

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Speaker 2: Well yeah, yeah, the sixty two percent of folks who

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Speaker 2: don't talk about money seems to be a red flag

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Speaker 2: because honestly, the more we refuse to talk about money,

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Speaker 2: the more likely I think we are going to be

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Speaker 2: to make mistakes screw things up when it comes to

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Speaker 2: the money that we're making or the money that we're spending.

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Speaker 2: This is a goal of ours. This is a major

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Speaker 2: goal of the podcast to get that conversation started, you know,

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Speaker 2: like we want listeners to not only feel comfortable with

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Speaker 2: how it is that they handle their money, but they

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Speaker 2: should also feel energized to talk about it with other folks,

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Speaker 2: right with either their friends, or to talk about it

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Speaker 2: with their family, or even to actually become a resource,

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Speaker 2: not to just talk about it, right to actually further

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Speaker 2: them along within their personal finance journey. And so it's

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Speaker 2: not even that more people need to be actually going

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Speaker 2: to see a financial planner, you know, like in most cases,

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Speaker 2: I think folks would be better off just talking with

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Speaker 2: a less expensive financial coach, somebody who can who is

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Speaker 2: addressing that behavioral side of things, like we just talked

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Speaker 2: about from the behavioral psychology.

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Speaker 1: The nuts and bolts, not the higher level stuff, but

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Speaker 1: just someone like the rubber meets the road, here's how

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Speaker 1: you handle money on.

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Speaker 2: A daily, weekly basis, and specifically the accountability. Are you

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Speaker 2: doing the same the things that you say you want

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Speaker 2: to do? So like having a coach in the gym

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Speaker 2: who is pushing you to do the things that you

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Speaker 2: were so fired up to do when you first showed

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Speaker 2: up the first that you walked into that gym, but

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Speaker 2: you know, by day sixty, day ninety, you're maybe less

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Speaker 2: thrilled to do these things.

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Speaker 1: I'm gonna say, I'm gonna go on a limb here,

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Speaker 1: and I'm gonna say that paying for a couple hours

433
00:19:26,400 --> 00:19:29,520
Speaker 1: of time with that financial coach, specifically a financial coach,

434
00:19:29,680 --> 00:19:31,680
Speaker 1: will go a lot further than paying for a visit

435
00:19:31,720 --> 00:19:34,000
Speaker 1: to a fortune teller. And I don't know, maybe I'm wrong.

436
00:19:34,119 --> 00:19:35,919
Speaker 1: Maybe we're a limb and I'm sawing myself off, and

437
00:19:35,960 --> 00:19:37,840
Speaker 1: someone's gonna go to a fortune teller and they're gonna,

438
00:19:37,960 --> 00:19:40,000
Speaker 1: you know, become rich because of it. But it seems

439
00:19:40,040 --> 00:19:42,159
Speaker 1: to me that one of those is a waste of

440
00:19:42,160 --> 00:19:42,840
Speaker 1: money and one isn't.

441
00:19:42,960 --> 00:19:44,000
Speaker 2: I completely agree, dude.

442
00:19:44,320 --> 00:19:46,040
Speaker 1: A cheaper alternative, by the way, is one of those

443
00:19:46,040 --> 00:19:47,359
Speaker 1: magic eight balls. Those things are sticking.

444
00:19:47,440 --> 00:19:49,439
Speaker 2: Or you can just listen to continue listening to how

445
00:19:49,440 --> 00:19:51,160
Speaker 2: the money either one one of the two are both.

446
00:19:51,400 --> 00:19:54,280
Speaker 2: By the way, Wirecutter, they had a great story on

447
00:19:54,359 --> 00:19:57,760
Speaker 2: how there are more repair cafes than ever before, and

448
00:19:58,119 --> 00:20:01,080
Speaker 2: repair cafe that's not necessarily a gener term or a

449
00:20:01,119 --> 00:20:04,680
Speaker 2: generic place. This is a specific global organization and they've

450
00:20:04,680 --> 00:20:07,280
Speaker 2: got these freeing meeting places where folks can come together

451
00:20:07,320 --> 00:20:09,480
Speaker 2: where they can learn how to fix their stuff rather

452
00:20:09,560 --> 00:20:12,080
Speaker 2: than toss it into the trash. And so if you

453
00:20:12,280 --> 00:20:16,120
Speaker 2: are a DIY frugal type, then these cafes are going

454
00:20:16,160 --> 00:20:18,879
Speaker 2: to be your new favorite place. They should become like

455
00:20:19,240 --> 00:20:20,080
Speaker 2: your new third place.

456
00:20:20,119 --> 00:20:21,199
Speaker 1: You get a lotte while you're there.

457
00:20:21,320 --> 00:20:23,280
Speaker 2: No, I think some of them, It depends, so they're

458
00:20:23,320 --> 00:20:26,479
Speaker 2: hosted by different other oftentimes nonprofits. Okay, so like a

459
00:20:26,480 --> 00:20:29,800
Speaker 2: ToolBank might set up shop as a repair cafe and

460
00:20:30,040 --> 00:20:34,240
Speaker 2: they become affiliated with the actual repair cafe organization. But

461
00:20:34,280 --> 00:20:37,280
Speaker 2: of course if you opt to visit a repair cafe,

462
00:20:37,359 --> 00:20:39,199
Speaker 2: you're going to be able to save a lot of money.

463
00:20:39,400 --> 00:20:41,960
Speaker 2: But this is good for the environment as well, right

464
00:20:41,960 --> 00:20:44,280
Speaker 2: Like we're talking about less junk on the landfills, less

465
00:20:44,280 --> 00:20:47,280
Speaker 2: emissions going into making new items out there that you

466
00:20:47,359 --> 00:20:50,359
Speaker 2: might buy. We'll make sure to link to their map

467
00:20:50,440 --> 00:20:53,080
Speaker 2: so that you can find a repair cafe near you.

468
00:20:53,680 --> 00:20:56,120
Speaker 2: But what's so great I think about these volunteer run

469
00:20:56,119 --> 00:20:59,560
Speaker 2: spots is that when you watch someone else making a repair,

470
00:21:00,080 --> 00:21:03,240
Speaker 2: you're literally able to see how it's actually done, which

471
00:21:03,280 --> 00:21:05,840
Speaker 2: I think can be incredibly empowering. Right, Like, you see

472
00:21:05,920 --> 00:21:08,760
Speaker 2: somebody repair something and you think, oh, is that all

473
00:21:08,760 --> 00:21:10,200
Speaker 2: there is to it. I thought there was some sort

474
00:21:10,200 --> 00:21:12,640
Speaker 2: of alchemy, some sort of magic involved when it comes

475
00:21:12,680 --> 00:21:15,119
Speaker 2: to repairing my phone or repairing a coffee maker or

476
00:21:15,160 --> 00:21:18,240
Speaker 2: something like that. But with that new found empowerment, I

477
00:21:18,280 --> 00:21:20,720
Speaker 2: think you'll be pumped to take on your next repair

478
00:21:20,720 --> 00:21:23,600
Speaker 2: on your own. It makes me think about investing like,

479
00:21:23,680 --> 00:21:25,879
Speaker 2: this is not an overly complicated thing. You don't need

480
00:21:25,920 --> 00:21:27,919
Speaker 2: to pay for advice if you know that what I

481
00:21:27,960 --> 00:21:31,520
Speaker 2: need to pay attention to our fees. It's really that

482
00:21:31,560 --> 00:21:34,480
Speaker 2: it's something that's low cost, so low fees, and something

483
00:21:34,520 --> 00:21:35,560
Speaker 2: that's widely diversified.

484
00:21:35,600 --> 00:21:38,160
Speaker 1: But oftentimes we build it up in our minds so much,

485
00:21:38,280 --> 00:21:40,320
Speaker 1: and we feel like we need expert advice on so

486
00:21:40,400 --> 00:21:42,560
Speaker 1: many things. And it's not that some things we don't like.

487
00:21:42,760 --> 00:21:45,160
Speaker 1: I think cars have gotten more complicated, right with computers,

488
00:21:45,160 --> 00:21:47,160
Speaker 1: And they absolutely have, and so it's a little bit

489
00:21:47,280 --> 00:21:49,520
Speaker 1: easier to work on an older vehicle, let's say, in

490
00:21:49,600 --> 00:21:51,560
Speaker 1: your nineties car, than it is to work on like

491
00:21:51,560 --> 00:21:53,480
Speaker 1: a brand new one, especially when you're talking about I

492
00:21:53,520 --> 00:21:56,080
Speaker 1: mean you get updates via Wi Fi on those teslas now, right,

493
00:21:56,359 --> 00:21:58,600
Speaker 1: But still there are a lot of other things that

494
00:21:58,680 --> 00:22:00,680
Speaker 1: we could repair. We build it up on our minds,

495
00:22:00,720 --> 00:22:03,879
Speaker 1: we make it seem impossible and so we don't do it.

496
00:22:03,920 --> 00:22:06,119
Speaker 1: So I do like this repair cafe suggestion, Matt, and

497
00:22:06,119 --> 00:22:08,520
Speaker 1: I think how money listeners would do well to check

498
00:22:08,560 --> 00:22:08,800
Speaker 1: one out.

499
00:22:08,880 --> 00:22:10,440
Speaker 2: Yeah, yeah, look them up to because they're going to

500
00:22:10,480 --> 00:22:12,720
Speaker 2: have specialty tools on hand as well, so when it

501
00:22:12,720 --> 00:22:14,680
Speaker 2: comes to actually repairing your stuff. That's a good point,

502
00:22:14,760 --> 00:22:16,399
Speaker 2: like you need those tools in order to actually get

503
00:22:16,440 --> 00:22:16,880
Speaker 2: the job done.

504
00:22:17,000 --> 00:22:20,840
Speaker 1: Yeah, And the volunteers will have more experience, right, which

505
00:22:20,880 --> 00:22:24,440
Speaker 1: means they're able to more successfully repair more complex items

506
00:22:24,440 --> 00:22:28,280
Speaker 1: like laptops or printers, I think, jewelry and stand mixers,

507
00:22:28,280 --> 00:22:30,840
Speaker 1: like a bunch of different things. But if you don't

508
00:22:30,840 --> 00:22:33,320
Speaker 1: have a repair cafe location near you, check out their

509
00:22:33,320 --> 00:22:35,520
Speaker 1: tips and Tricks page, which has some helpful guides on

510
00:22:35,560 --> 00:22:37,919
Speaker 1: how you can maintain and repair a lot of common

511
00:22:37,960 --> 00:22:40,600
Speaker 1: items that you've got at your house, and specifically when

512
00:22:40,640 --> 00:22:43,680
Speaker 1: it comes to electronics like phones and tablets, we'd highly

513
00:22:43,720 --> 00:22:47,160
Speaker 1: recommend checking out this website iFixit dot com. They've got

514
00:22:47,200 --> 00:22:51,240
Speaker 1: tens of thousands of free manuals for just as many devices,

515
00:22:51,280 --> 00:22:53,800
Speaker 1: and of course they're selling the parts that you're gonna

516
00:22:53,840 --> 00:22:55,600
Speaker 1: need So there's the catch, but it can still be

517
00:22:55,640 --> 00:22:58,920
Speaker 1: a much more affordable alternative. Plus you're able to reduce waste.

518
00:22:58,960 --> 00:23:02,119
Speaker 1: So Matt, you've like replaced phone screens that have been

519
00:23:02,119 --> 00:23:04,800
Speaker 1: cracked stuff, Yeah, with help from I fix It. Absolutely,

520
00:23:04,800 --> 00:23:07,200
Speaker 1: It's a great resource for people who say, like, now

521
00:23:07,240 --> 00:23:09,480
Speaker 1: there's like a screen repair shop it seems like on

522
00:23:09,520 --> 00:23:11,880
Speaker 1: every corner, but they're gonna charge a whole lot more

523
00:23:11,960 --> 00:23:14,399
Speaker 1: than what you could do by dealying it.

524
00:23:14,520 --> 00:23:16,000
Speaker 2: Yeah, And a lot of times when you buy the

525
00:23:16,040 --> 00:23:18,639
Speaker 2: parts from I fix It, they'll include like the little

526
00:23:18,640 --> 00:23:19,840
Speaker 2: I forget what they call them, they got like this,

527
00:23:20,040 --> 00:23:22,320
Speaker 2: the little levers that you use. They have special names,

528
00:23:22,359 --> 00:23:26,600
Speaker 2: little blue tools like spinges or something, sponges or something

529
00:23:26,640 --> 00:23:28,919
Speaker 2: like that. I don't know, but they're just little levers

530
00:23:28,960 --> 00:23:31,880
Speaker 2: that don't damage the actual electronics. But I said this before,

531
00:23:31,960 --> 00:23:34,479
Speaker 2: I feel like the ability to change the screen on

532
00:23:34,520 --> 00:23:38,440
Speaker 2: your iPhone is the millennial's version of changing your own oil.

533
00:23:39,160 --> 00:23:42,120
Speaker 2: It's something that kind of happens on a fairly regular basis,

534
00:23:42,280 --> 00:23:45,200
Speaker 2: and if you have the experience and you've done this before,

535
00:23:45,240 --> 00:23:47,040
Speaker 2: that this is a way that you can definitely save

536
00:23:47,080 --> 00:23:49,600
Speaker 2: some money. And like you see the oil change places

537
00:23:49,880 --> 00:23:51,320
Speaker 2: on every other corner. Like you said, you know you

538
00:23:51,400 --> 00:23:55,080
Speaker 2: are seeing the phone repair spots pop up on.

539
00:23:55,359 --> 00:23:57,400
Speaker 1: Every other corner. By the way, one of the best

540
00:23:57,440 --> 00:24:00,560
Speaker 1: ways to prevent that screen cracking is to have decent.

541
00:24:00,320 --> 00:24:02,040
Speaker 2: Case on skidded stinking case on your phone.

542
00:24:02,040 --> 00:24:03,920
Speaker 1: I learned that the hard one earlier this year.

543
00:24:04,280 --> 00:24:06,720
Speaker 2: Okay, but if you don't have a single diy bone

544
00:24:06,720 --> 00:24:08,920
Speaker 2: in your body, there are sites out there like sellsell

545
00:24:09,000 --> 00:24:13,760
Speaker 2: dot com that's s e lll ce LL sell sell

546
00:24:13,880 --> 00:24:16,560
Speaker 2: you get it that make it easy to get some

547
00:24:16,640 --> 00:24:19,160
Speaker 2: cash for your phone. You can even sell your old

548
00:24:19,200 --> 00:24:22,520
Speaker 2: gadgets to Walmart as they now have this. They call

549
00:24:22,560 --> 00:24:25,479
Speaker 2: it the Gadgets to Gift Cards program. And we're all

550
00:24:25,520 --> 00:24:27,520
Speaker 2: for any company out there that's making it easier to

551
00:24:27,600 --> 00:24:29,880
Speaker 2: turn your unused electronics into something.

552
00:24:29,680 --> 00:24:30,840
Speaker 1: That you'll actually use.

553
00:24:31,560 --> 00:24:35,480
Speaker 2: And so, speaking of waste, we actually talked with Frankie Celenza,

554
00:24:35,680 --> 00:24:38,280
Speaker 2: the chef, earlier this week about cooking good meals on

555
00:24:38,320 --> 00:24:41,359
Speaker 2: a budget, and he quickly mentioned the insane problem that

556
00:24:41,520 --> 00:24:44,400
Speaker 2: food waste poses to our budgets. Well, there's new data

557
00:24:44,400 --> 00:24:46,840
Speaker 2: that came out this week showing that we're generating more

558
00:24:46,960 --> 00:24:50,359
Speaker 2: quote unquote surplus food in this country than ever before.

559
00:24:50,760 --> 00:24:54,160
Speaker 2: Here's the shocking stat Uneaten food represents about thirty eight

560
00:24:54,200 --> 00:24:56,720
Speaker 2: percent of the total food supply in twenty twenty one.

561
00:24:56,720 --> 00:24:58,800
Speaker 2: So I think Frankie he was based maybe based in

562
00:24:58,800 --> 00:25:00,760
Speaker 2: his numbers on twenty nineteen or t only twenty numbers

563
00:25:00,840 --> 00:25:03,879
Speaker 2: he said around a third. We're pushing forty percent now

564
00:25:04,240 --> 00:25:06,800
Speaker 2: when it comes to food and money that we're wasting

565
00:25:06,960 --> 00:25:10,240
Speaker 2: out of our food budget, our grocery budget, but inflation

566
00:25:10,400 --> 00:25:13,200
Speaker 2: it's made groceries cost more, which sucks. But we are

567
00:25:13,280 --> 00:25:15,800
Speaker 2: our own worst enemies on the food front here. So

568
00:25:15,920 --> 00:25:19,240
Speaker 2: meal planning, actually eating your leftovers, these are the biggest

569
00:25:19,320 --> 00:25:23,000
Speaker 2: antidotes to actual food waste. And by the way, I

570
00:25:23,000 --> 00:25:25,320
Speaker 2: want to dress something real quick here too. That Frankie

571
00:25:25,400 --> 00:25:27,919
Speaker 2: brought up during that interview, we didn't really touch on

572
00:25:27,920 --> 00:25:29,480
Speaker 2: it because we didn't really want to get in the weeds.

573
00:25:30,400 --> 00:25:32,280
Speaker 1: Yeah, yeah about it.

574
00:25:32,320 --> 00:25:34,959
Speaker 2: He was talking about how he's like, hey, BROCCOLI's got

575
00:25:35,000 --> 00:25:38,760
Speaker 2: more protein and it than steak does. And that's only

576
00:25:38,880 --> 00:25:41,520
Speaker 2: kind of true. Like if you have a last time

577
00:25:41,520 --> 00:25:43,880
Speaker 2: we have Frankie on the show, well, I didn't want

578
00:25:43,880 --> 00:25:45,280
Speaker 2: to like call him out, and again it was it's

579
00:25:45,320 --> 00:25:46,560
Speaker 2: just like a nerdy thing. But like, if you have

580
00:25:46,560 --> 00:25:49,600
Speaker 2: a plate full of broccoli and you have another plate

581
00:25:49,680 --> 00:25:51,280
Speaker 2: right next to it, same size, and on it, you've

582
00:25:51,280 --> 00:25:54,160
Speaker 2: got a steak, You're gonna have way more protein coming

583
00:25:54,160 --> 00:25:56,399
Speaker 2: out of that steak than you are broccoli. There is

584
00:25:56,480 --> 00:26:00,080
Speaker 2: only more flavors. There's only more protein in broccoli. If

585
00:26:00,119 --> 00:26:02,320
Speaker 2: you're like if you're basing it all like on a

586
00:26:02,320 --> 00:26:05,400
Speaker 2: per calorie basis, because broccoli, it obviously doesn't have very

587
00:26:05,400 --> 00:26:08,280
Speaker 2: many calories. And so to equal the same amount of

588
00:26:08,280 --> 00:26:10,120
Speaker 2: protein though that you would get out of a single steak,

589
00:26:10,160 --> 00:26:13,440
Speaker 2: you'd have to eat a boatload of broccoli. Like it's

590
00:26:13,600 --> 00:26:15,560
Speaker 2: it's sort of like the like, have you heard the

591
00:26:15,600 --> 00:26:17,199
Speaker 2: joke or aside a joke, it's like a riddle, like

592
00:26:17,200 --> 00:26:19,359
Speaker 2: what's heavier a ton of bricks or a ton of feathers?

593
00:26:20,040 --> 00:26:22,480
Speaker 2: It's like, no, tell me, it's the same. You're talking literally,

594
00:26:22,480 --> 00:26:24,240
Speaker 2: you're talking about a ton of time, and so like

595
00:26:24,280 --> 00:26:26,040
Speaker 2: you would just need more feathers in order to equal

596
00:26:26,080 --> 00:26:28,400
Speaker 2: a ton. Think of the feathers in this case as

597
00:26:28,400 --> 00:26:30,199
Speaker 2: the broccoli. Out of the bricks in this case is

598
00:26:30,240 --> 00:26:32,520
Speaker 2: the steak. So technically it's true eat.

599
00:26:32,400 --> 00:26:34,119
Speaker 1: Both in combo, and you're getting there, you go the

600
00:26:34,160 --> 00:26:36,040
Speaker 1: pro and the overall healthy you need.

601
00:26:36,280 --> 00:26:37,800
Speaker 2: Yeah, I'm not saying you should only be eating steak,

602
00:26:37,800 --> 00:26:39,439
Speaker 2: but you know, I just want to make sure our

603
00:26:39,480 --> 00:26:40,760
Speaker 2: listeners out there you have the right info.

604
00:26:40,840 --> 00:26:42,720
Speaker 1: That's you. I like it. Well, okay, so you're talking

605
00:26:42,720 --> 00:26:44,679
Speaker 1: about throwing away food. How that, yes, is driving up

606
00:26:44,720 --> 00:26:48,360
Speaker 1: our overall food costs, And of course prices on groceries

607
00:26:48,359 --> 00:26:51,280
Speaker 1: have gone up because of inflation. It's not been easy

608
00:26:51,359 --> 00:26:53,600
Speaker 1: to save money at the grocery store. And so what

609
00:26:53,640 --> 00:26:55,199
Speaker 1: a lot of people are doing, Matt, I saw this

610
00:26:55,280 --> 00:27:00,040
Speaker 1: week that they're buying groceries on an installment plan. And

611
00:27:00,080 --> 00:27:02,959
Speaker 1: we have talked about buy now, pay later and how

612
00:27:03,040 --> 00:27:06,399
Speaker 1: much we dislike it as a method of purchasing things.

613
00:27:06,800 --> 00:27:09,359
Speaker 1: But now it's made into the grocery space, which means

614
00:27:09,400 --> 00:27:13,000
Speaker 1: that a growing segment of folks are buying potatoes, tomatoes, broccoli,

615
00:27:13,040 --> 00:27:17,920
Speaker 1: steak in monthly installments. And that's just horrific potatoes.

616
00:27:19,000 --> 00:27:21,040
Speaker 2: You remember that lane from now Lord of the Rings, boiler,

617
00:27:21,080 --> 00:27:22,119
Speaker 2: mash them, stick them in a stew.

618
00:27:22,119 --> 00:27:25,120
Speaker 1: Oh there you go, Samwise right off to go back

619
00:27:25,160 --> 00:27:27,640
Speaker 1: and watch it. It's been a while, but a new

620
00:27:27,680 --> 00:27:30,800
Speaker 1: survey from lending Tree finds that one in five Americans

621
00:27:31,040 --> 00:27:33,240
Speaker 1: are using one of the buy now, pay later services,

622
00:27:33,240 --> 00:27:37,359
Speaker 1: like a firm Klarna after pay to buy groceries. And

623
00:27:37,400 --> 00:27:40,040
Speaker 1: these buy now, pay later companies are making billions of

624
00:27:40,119 --> 00:27:43,760
Speaker 1: dollars in loans each in every quarter, and individuals are

625
00:27:43,760 --> 00:27:46,640
Speaker 1: getting way too used to being payment buyers for everything.

626
00:27:46,880 --> 00:27:49,360
Speaker 1: You know, buying a pair of genes in four installments, Matt,

627
00:27:49,400 --> 00:27:51,800
Speaker 1: that's bad enough, we don't like that, But buying your

628
00:27:51,800 --> 00:27:55,399
Speaker 1: food via buy now, Pay later is taking this buying

629
00:27:55,400 --> 00:27:57,400
Speaker 1: trend to a whole new level. And I just never

630
00:27:57,400 --> 00:27:59,120
Speaker 1: would have imagined we would have seen the day where

631
00:27:59,119 --> 00:28:02,280
Speaker 1: people would be going into debt like that to buy

632
00:28:02,600 --> 00:28:07,639
Speaker 1: just stable goods or putting it on payments ye cross months.

633
00:28:07,680 --> 00:28:10,560
Speaker 2: I mean it really payments for something that literally you

634
00:28:10,640 --> 00:28:13,879
Speaker 2: have consumed that is gone. Obviously it's brought you some nutrition,

635
00:28:13,960 --> 00:28:16,800
Speaker 2: but like literally by the time you're making that first

636
00:28:16,840 --> 00:28:19,000
Speaker 2: or second payment, you may not even have that item

637
00:28:19,040 --> 00:28:21,720
Speaker 2: on hand anymore. Like that's what's so crazy, is something

638
00:28:21,760 --> 00:28:24,199
Speaker 2: that's so far removed from you actually being parted with

639
00:28:24,240 --> 00:28:24,600
Speaker 2: your money.

640
00:28:24,680 --> 00:28:27,080
Speaker 1: It's just so easy to get into financial trouble using

641
00:28:27,119 --> 00:28:31,600
Speaker 1: BNPL thinking that, oh why not, it's no interest I'll get,

642
00:28:31,840 --> 00:28:34,360
Speaker 1: I'll just pay this across four easy payments, and it's

643
00:28:34,400 --> 00:28:36,119
Speaker 1: just so easy to rack up a bunch of different

644
00:28:36,119 --> 00:28:39,200
Speaker 1: payments that way really losing track of what you're spending exactly.

645
00:28:39,360 --> 00:28:41,640
Speaker 2: Yeah, that's one of the downsides as well, the inability

646
00:28:41,680 --> 00:28:44,280
Speaker 2: to stay organized when it comes to the different payments

647
00:28:44,280 --> 00:28:47,360
Speaker 2: that you owe on because they're all scattered's scattershot. It's

648
00:28:47,360 --> 00:28:48,760
Speaker 2: not like you have a singular card that you are

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Speaker 2: putting all of your charges on. So in short, avoid

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Speaker 2: buy now, pay later, especially when it comes to your groceries.

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Speaker 2: But before we wrap our Friday flight, we do have

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Speaker 2: a newsletter referral shout out.

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Speaker 1: This is to.

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Speaker 2: Kendall m referred to the newsletter along to multiple friends

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Speaker 2: of hers. Kendall, we really appreciate you not only reading

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Speaker 2: the newsletter, but letting others know about the just the

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Speaker 2: financial knowledge that they need to know about. If you

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Speaker 2: have not yet signed up for the How to Money newsletter,

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Speaker 2: head over to how to Money dot com forward slash newsletter.

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Speaker 2: It's free, comes out once a week and actually so

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Speaker 2: this coming Tuesday, we're gonna be celebrating our one year

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Speaker 2: newsletter versary and with a giveaway without Yeah, we're gonna

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Speaker 2: have a special Everyone's favorite special giveaway. You can look

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Speaker 2: forward to that one, So make sure to sign up

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Speaker 2: for the newsletter. If you are not yet signed up,

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Speaker 2: I'm right how to money dot com slash newsletter. It's great.

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Speaker 1: You should be a part of it. But Matt, that's

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Speaker 1: going to do it for this episode. I hope everybody

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00:29:40,960 --> 00:29:43,160
Speaker 1: out there has an awesome weekend. We'll see you back

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00:29:43,200 --> 00:29:46,640
Speaker 1: here on Monday for a listener Questions episode. We've got

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00:29:46,680 --> 00:29:48,960
Speaker 1: some good content for you next week. But that's gonna

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00:29:48,960 --> 00:29:51,480
Speaker 1: do it, Matt. Until next time, best Friends Out, best

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Speaker 1: Friends Out, the School