1 00:00:16,000 --> 00:00:20,959 Speaker 1: Hey, hey, hey, psych, let me stop. It's me and 2 00:00:21,120 --> 00:00:24,440 Speaker 1: Mandy and we're fine, and this is Brown and Doude 3 00:00:24,880 --> 00:00:30,680 Speaker 1: soon soon. Oh my god, it's crazy. I'm not gonna lie. 4 00:00:30,720 --> 00:00:33,559 Speaker 1: I'm taking it super seriously. I have not I'm well. 5 00:00:33,640 --> 00:00:36,680 Speaker 1: Y'all know that I'm I normally self quarantine anyway, just 6 00:00:36,720 --> 00:00:42,199 Speaker 1: because I'm always a part. But honestly, it's it's crazy. 7 00:00:42,320 --> 00:00:44,720 Speaker 1: Mandy one of my friends, and you know who you are, friend, 8 00:00:44,720 --> 00:00:46,800 Speaker 1: you might listen. I don't know if he's a promoter. 9 00:00:47,200 --> 00:00:49,160 Speaker 1: So he had like a lounge night and then brunched 10 00:00:49,200 --> 00:00:50,519 Speaker 1: the next day and had the nerve to have on 11 00:00:50,600 --> 00:00:52,680 Speaker 1: gloves and brunch like I just saw I just know 12 00:00:52,760 --> 00:00:54,240 Speaker 1: via like his Instagram stories. 13 00:00:54,280 --> 00:00:57,400 Speaker 2: I'm like, sir, maybe don't go to brunch, but if 14 00:00:57,400 --> 00:00:59,920 Speaker 2: you're gonna do brunch, you know, bringing gloves is not 15 00:01:00,320 --> 00:01:03,880 Speaker 2: the worst idea. As you guys know, we're talking about 16 00:01:03,920 --> 00:01:07,360 Speaker 2: what everyone's talking about right now, which is coronavirus COVID nineteen. 17 00:01:07,959 --> 00:01:10,880 Speaker 2: It seems like we've been top of the show talking 18 00:01:10,959 --> 00:01:13,560 Speaker 2: about at the last few shows, and no matter what, 19 00:01:13,840 --> 00:01:16,360 Speaker 2: every day it gets more intense. Every day it's more intense. 20 00:01:16,800 --> 00:01:19,280 Speaker 2: The anxiety level at least in New York City. I 21 00:01:19,319 --> 00:01:21,560 Speaker 2: don't know about Jersey, but it reached its peak the 22 00:01:21,640 --> 00:01:25,160 Speaker 2: last week. I officially started working from home, I would 23 00:01:25,160 --> 00:01:29,360 Speaker 2: say last Monday. And since then, you know, offices have 24 00:01:29,440 --> 00:01:32,720 Speaker 2: been closing, businesses have been closing. You know, the virus 25 00:01:32,800 --> 00:01:36,040 Speaker 2: is spreading all over the city. In the suburbs where 26 00:01:36,040 --> 00:01:39,240 Speaker 2: I am, everything is a ghost town. You know. My 27 00:01:39,319 --> 00:01:41,959 Speaker 2: husband was still going into the office until the end 28 00:01:41,959 --> 00:01:44,959 Speaker 2: of last week. Now he's working from home, quote unquote 29 00:01:45,000 --> 00:01:47,039 Speaker 2: working He actually can't do his job from home, so 30 00:01:47,720 --> 00:01:50,360 Speaker 2: he's been here in the house creating how home improvement 31 00:01:50,360 --> 00:01:54,000 Speaker 2: projects to do instead. But that's beside the point. But 32 00:01:54,360 --> 00:01:57,720 Speaker 2: has said that the trains are just, you know, completely empty, 33 00:01:57,960 --> 00:02:01,040 Speaker 2: and it feels, you know, nless you're a grocery store. 34 00:02:01,040 --> 00:02:03,920 Speaker 2: It feels like everything is sort of abandoned, which seems 35 00:02:03,920 --> 00:02:05,880 Speaker 2: to be the best thing to do, you know. Like 36 00:02:05,920 --> 00:02:07,920 Speaker 2: I don't know, I you know, I saw a couple 37 00:02:07,920 --> 00:02:09,440 Speaker 2: of my guy friends on Saturday night. 38 00:02:09,440 --> 00:02:10,760 Speaker 1: We're out at a bar, and I'm like, can you 39 00:02:10,800 --> 00:02:14,000 Speaker 1: go home? Like this is so yeah, that's what I mean. 40 00:02:14,000 --> 00:02:15,320 Speaker 1: I was making a joke with my friend, but I 41 00:02:15,360 --> 00:02:18,880 Speaker 1: was like, bruh, honestly, go home. It's weird in Jersey 42 00:02:19,120 --> 00:02:22,160 Speaker 1: because public transportation is not like a big thing like 43 00:02:22,200 --> 00:02:24,200 Speaker 1: it is in New York. So I want to go 44 00:02:24,360 --> 00:02:26,600 Speaker 1: make sure my parents were good. Yesterday, they wanted to 45 00:02:26,600 --> 00:02:28,720 Speaker 1: come from for a hug, but I was like social distance. 46 00:02:28,800 --> 00:02:30,360 Speaker 1: My dad is in his seventies, my mom is in 47 00:02:30,400 --> 00:02:33,880 Speaker 1: her sixties. But I wanted to make sure that they 48 00:02:33,880 --> 00:02:36,040 Speaker 1: had enough water. My mom, I mean, she's been playing 49 00:02:36,080 --> 00:02:38,000 Speaker 1: her whole life for this as an African woman with 50 00:02:38,080 --> 00:02:40,600 Speaker 1: a deep freezer that's six feet off. Yeah, she said, 51 00:02:40,600 --> 00:02:43,720 Speaker 1: we have enough food for a lifetime, which they do. 52 00:02:44,080 --> 00:02:46,040 Speaker 1: But my concern was they didn't have enough water. So 53 00:02:46,720 --> 00:02:49,120 Speaker 1: I dropped off some water, and I just felt like 54 00:02:49,320 --> 00:02:52,200 Speaker 1: a filter was probably best for them anyway. But I 55 00:02:52,240 --> 00:02:54,840 Speaker 1: remember I was on the road and it looked like 56 00:02:54,880 --> 00:02:58,920 Speaker 1: a normal Tuesday afternoon on the road, like people are 57 00:02:58,960 --> 00:03:02,360 Speaker 1: still driving places. So I'll say that. I mean, I 58 00:03:02,360 --> 00:03:04,320 Speaker 1: haven't been out out like that was really the only 59 00:03:04,360 --> 00:03:06,640 Speaker 1: outing is to make sure my parents are fine and 60 00:03:07,120 --> 00:03:11,320 Speaker 1: check in on my sister. But yeah, as far as driving, 61 00:03:11,600 --> 00:03:14,360 Speaker 1: it looked it wasn't. There were people out and about 62 00:03:14,400 --> 00:03:15,320 Speaker 1: what about the stores? 63 00:03:15,400 --> 00:03:17,440 Speaker 2: I mean, do you feel like there's men? So I'll 64 00:03:17,520 --> 00:03:20,120 Speaker 2: say that I've been to the grocery store and the 65 00:03:20,160 --> 00:03:23,639 Speaker 2: things that are missing our meat, and you know, I 66 00:03:23,680 --> 00:03:26,120 Speaker 2: want to chicken tacos for dinner last Thursday, and I 67 00:03:26,160 --> 00:03:28,200 Speaker 2: was like, call my mom's, like, we might have to 68 00:03:28,280 --> 00:03:30,680 Speaker 2: change our plan because there is like a few said 69 00:03:30,760 --> 00:03:34,399 Speaker 2: turkey breast filets here and like the most random meat 70 00:03:34,440 --> 00:03:39,600 Speaker 2: selection TP is gone, cleaning supply is gone. It just 71 00:03:39,600 --> 00:03:41,600 Speaker 2: feels like all this panic shopping. Can we talk with 72 00:03:41,640 --> 00:03:44,680 Speaker 2: that for a second, the panic shopping. You know, a 73 00:03:44,680 --> 00:03:46,520 Speaker 2: few weeks ago, my mom and I went to Sam's 74 00:03:46,560 --> 00:03:48,720 Speaker 2: Club and got some essentials. I was worried because we 75 00:03:48,760 --> 00:03:51,800 Speaker 2: didn't have children's tile and all or ibuprofen. You know, 76 00:03:51,840 --> 00:03:53,760 Speaker 2: like if we were going to get sick and you 77 00:03:53,800 --> 00:03:56,160 Speaker 2: don't want to go out and spread germs, like having 78 00:03:56,200 --> 00:03:58,920 Speaker 2: some medicines at home seem like a good idea. And 79 00:03:58,960 --> 00:04:01,480 Speaker 2: we did get like dipe and essentials, but we just 80 00:04:01,520 --> 00:04:04,040 Speaker 2: basically did grocery shopping. It feels like people are out 81 00:04:04,040 --> 00:04:06,400 Speaker 2: there shopping for the end of the world and that 82 00:04:06,560 --> 00:04:09,040 Speaker 2: is causing all these shortages, which to me, like and 83 00:04:09,200 --> 00:04:11,800 Speaker 2: you know, the government, uh local governments here have you know, 84 00:04:11,840 --> 00:04:15,120 Speaker 2: officials have said it's not necessary you know, at a 85 00:04:15,160 --> 00:04:17,960 Speaker 2: minimum or a maximum's you know, good enough for a 86 00:04:17,960 --> 00:04:20,160 Speaker 2: couple of weeks. But they're not going to be closing 87 00:04:20,200 --> 00:04:24,080 Speaker 2: down grocery stores. If anything, those are the essential businesses 88 00:04:24,120 --> 00:04:26,719 Speaker 2: that will you know, remain remain open. 89 00:04:26,839 --> 00:04:27,520 Speaker 1: Yeah. 90 00:04:27,560 --> 00:04:29,240 Speaker 2: So I don't know if the panic shopping, if you 91 00:04:29,279 --> 00:04:32,200 Speaker 2: guys are out there doing it, I understand why, but 92 00:04:32,680 --> 00:04:34,040 Speaker 2: try to only take what you need. 93 00:04:34,720 --> 00:04:38,240 Speaker 1: I'll say this that I was fortunate in that I 94 00:04:38,279 --> 00:04:41,480 Speaker 1: had just honestly went food shopping probably like a week 95 00:04:41,520 --> 00:04:44,520 Speaker 1: before the panic shopping started, because I was like, oh, 96 00:04:44,839 --> 00:04:47,480 Speaker 1: I knew, you know obviously, like the coronavirus. Were talking 97 00:04:47,520 --> 00:04:49,520 Speaker 1: about it on the news, and I just remember thinking, like, 98 00:04:49,600 --> 00:04:51,240 Speaker 1: I don't even have regular food. Let me just go 99 00:04:51,320 --> 00:04:54,240 Speaker 1: regular food shopping. And I feel like I went regular 100 00:04:54,279 --> 00:04:56,839 Speaker 1: food shopping the day before it all went crazy. I 101 00:04:56,880 --> 00:04:59,600 Speaker 1: went on a Tuesday, and I remember like, there's plenty 102 00:04:59,640 --> 00:05:01,159 Speaker 1: of water on the shells and things like that, and 103 00:05:01,160 --> 00:05:04,440 Speaker 1: I was but I had bought because my sister always 104 00:05:04,440 --> 00:05:06,919 Speaker 1: sys I over food shop, which I do, so I 105 00:05:06,960 --> 00:05:09,159 Speaker 1: didn't have enough space to put water on the cart. 106 00:05:09,160 --> 00:05:10,560 Speaker 1: And I was like, I'll just come back tomorrow for 107 00:05:10,600 --> 00:05:13,200 Speaker 1: the water Manye I came back the next day, I'm like, 108 00:05:14,000 --> 00:05:17,799 Speaker 1: what did the zombie apocalypse happen? Yeah, it was so coral. 109 00:05:17,880 --> 00:05:20,200 Speaker 1: It just I couldn't and I was just honestly grateful 110 00:05:20,240 --> 00:05:23,960 Speaker 1: that I had gone regular food shopping. But I will say, actually, know, 111 00:05:24,040 --> 00:05:27,120 Speaker 1: I'm gonna save it for my brown boost about like 112 00:05:27,160 --> 00:05:31,479 Speaker 1: who has been bay during this time? But yeah, it's 113 00:05:31,520 --> 00:05:34,520 Speaker 1: just honestly, it's been crazy. But aside from just the 114 00:05:35,440 --> 00:05:39,800 Speaker 1: health kind of like fear fear stuff, there's also the 115 00:05:39,839 --> 00:05:42,520 Speaker 1: financial stuff that's happening as a result. I mean, the 116 00:05:42,600 --> 00:05:44,839 Speaker 1: sky is literally falling when it comes to the market. 117 00:05:44,920 --> 00:05:47,839 Speaker 1: I'm like, I was looking today like, oh my goodness. 118 00:05:47,920 --> 00:05:53,560 Speaker 1: I mean, it's just crazy. I'm like, I don't know, I've. 119 00:05:53,520 --> 00:05:56,159 Speaker 2: Tried, I've looked, but I've kind of looked like, oh, 120 00:05:56,240 --> 00:05:58,560 Speaker 2: this is a moment in history and I'm just going 121 00:05:58,600 --> 00:06:01,000 Speaker 2: to see, you know what happening. I'm just looking at 122 00:06:01,040 --> 00:06:03,680 Speaker 2: the data. The data is like why did I even 123 00:06:03,720 --> 00:06:05,640 Speaker 2: bother saving in the past year. I mean, you know, 124 00:06:06,640 --> 00:06:09,160 Speaker 2: and for those of you, you know, the past few episodes, 125 00:06:09,200 --> 00:06:11,440 Speaker 2: we have been saying it's getting a lot harder to 126 00:06:11,480 --> 00:06:13,040 Speaker 2: do this, but we have saying, don't you know your 127 00:06:13,040 --> 00:06:15,360 Speaker 2: four to one k is like your face, don't touch it. 128 00:06:15,360 --> 00:06:19,200 Speaker 2: It's yeah, but the anxiety over not just you know, 129 00:06:19,200 --> 00:06:20,920 Speaker 2: your four to one k anymore, but it's like the 130 00:06:20,920 --> 00:06:24,760 Speaker 2: economy itself. People who are the small business owners who've 131 00:06:24,760 --> 00:06:27,359 Speaker 2: had to close down, you know, everyone from like my 132 00:06:27,400 --> 00:06:29,960 Speaker 2: hairdresser who just opened her salon a couple of years ago, 133 00:06:30,320 --> 00:06:32,760 Speaker 2: you know, canceling appointments, to the woman who was going 134 00:06:32,839 --> 00:06:34,960 Speaker 2: to paint my son's room having to cancel all her 135 00:06:34,960 --> 00:06:37,880 Speaker 2: clients this month. The bar owners and restaurants that are 136 00:06:37,880 --> 00:06:41,320 Speaker 2: having to be closed down, the people who work there, waitresses, 137 00:06:42,160 --> 00:06:45,040 Speaker 2: hostesses like you know that those type of gig economy 138 00:06:45,040 --> 00:06:48,480 Speaker 2: are like wage workers are really the ones who are 139 00:06:48,520 --> 00:06:52,000 Speaker 2: going to be floored by this whole situation. And I 140 00:06:52,000 --> 00:06:54,320 Speaker 2: think where the anxiety comes to is like where's the 141 00:06:54,400 --> 00:06:57,440 Speaker 2: leadership from the top, Yeah, you know, who's looking out 142 00:06:57,440 --> 00:07:01,400 Speaker 2: for these people? And you know, Trump has not necessarily 143 00:07:01,400 --> 00:07:05,240 Speaker 2: been a small business president. He's been a big business president. 144 00:07:05,360 --> 00:07:08,279 Speaker 2: And I feel like much in you know, in the 145 00:07:08,320 --> 00:07:10,360 Speaker 2: last recession, it was very much all about the big 146 00:07:10,400 --> 00:07:12,880 Speaker 2: banks getting the bailout. But there needs to be some 147 00:07:12,920 --> 00:07:15,000 Speaker 2: sort of bailout. Congress needs to work. I know they 148 00:07:15,040 --> 00:07:18,000 Speaker 2: canceled their recess and they came back this week, which 149 00:07:18,040 --> 00:07:20,160 Speaker 2: is good, but like it still feels like too much 150 00:07:20,240 --> 00:07:23,920 Speaker 2: politics and we need to create some sort of safety 151 00:07:24,000 --> 00:07:26,600 Speaker 2: net and tell people you're going to be okay, we're 152 00:07:26,640 --> 00:07:29,200 Speaker 2: going to make government work for you, and you know 153 00:07:29,400 --> 00:07:31,640 Speaker 2: your bills will be delayed or. 154 00:07:31,680 --> 00:07:33,679 Speaker 1: You won't have to make payments on stuff for a while. 155 00:07:34,480 --> 00:07:37,520 Speaker 2: There's been stories of oh sorry, real quick there. I 156 00:07:37,560 --> 00:07:40,080 Speaker 2: know there's a story of like a landlord who knew 157 00:07:40,160 --> 00:07:42,640 Speaker 2: that his tenants worked in the restaurant industry and said, Okay, 158 00:07:42,640 --> 00:07:44,040 Speaker 2: I'm going to cut your rent in half for the 159 00:07:44,040 --> 00:07:47,080 Speaker 2: next couple of months, which is so generous, but like, 160 00:07:47,160 --> 00:07:49,880 Speaker 2: we need something. We need a relief package from the 161 00:07:49,920 --> 00:07:52,720 Speaker 2: top for these people so that the panic and the 162 00:07:53,120 --> 00:07:55,840 Speaker 2: anxiety can lessen for those people. 163 00:07:56,160 --> 00:07:57,960 Speaker 1: I would love for us to just kind of explore, 164 00:07:57,960 --> 00:07:59,720 Speaker 1: like what does some of these things mean. So I'm 165 00:07:59,760 --> 00:08:01,560 Speaker 1: saying there's a lot which actually have shocked me. I 166 00:08:01,600 --> 00:08:03,880 Speaker 1: don't know if you've seen this, but on social people 167 00:08:03,920 --> 00:08:05,440 Speaker 1: are like, should I pull all my money out of 168 00:08:05,440 --> 00:08:10,000 Speaker 1: the bank. I'm like, what, No, I'm actually really shocked 169 00:08:10,000 --> 00:08:12,560 Speaker 1: that that's what a lot of like. Honestly, some young 170 00:08:12,560 --> 00:08:15,280 Speaker 1: people are thinking that, and I'm like, well, the last 171 00:08:15,280 --> 00:08:16,560 Speaker 1: time there was a huge run on the bank, so 172 00:08:16,600 --> 00:08:18,760 Speaker 1: it was the nineteen twenties, nineteen thirties, and that's why 173 00:08:18,760 --> 00:08:23,520 Speaker 1: they created the FDIIC. So you can have insurance up 174 00:08:23,560 --> 00:08:26,120 Speaker 1: to two hundred and fifty thousand dollars for your like 175 00:08:26,320 --> 00:08:28,120 Speaker 1: the amount of money that you have up to two 176 00:08:28,120 --> 00:08:30,400 Speaker 1: fifty meaning that if that bank were to go under, 177 00:08:31,280 --> 00:08:33,800 Speaker 1: the federal government will give you back your money up 178 00:08:33,800 --> 00:08:35,360 Speaker 1: to two hundred and fifty thousand, and if you have 179 00:08:35,360 --> 00:08:39,520 Speaker 1: a joint account, it doubles to five hundred thousand, and 180 00:08:40,040 --> 00:08:41,760 Speaker 1: you know, if you have more than that, you're certainly 181 00:08:41,840 --> 00:08:44,080 Speaker 1: welcome to say, you know what I actually have, you know, 182 00:08:44,120 --> 00:08:45,920 Speaker 1: six hundred thousand, So I'm going to put another one 183 00:08:45,960 --> 00:08:48,480 Speaker 1: hundred thousand in a different bank so I get coverage 184 00:08:48,520 --> 00:08:51,120 Speaker 1: that way. I can understand that. But pulling out your 185 00:08:51,160 --> 00:08:53,719 Speaker 1: money and putting it at home is probably one of 186 00:08:53,760 --> 00:08:56,160 Speaker 1: the worst things that you can do, or was sharing 187 00:08:56,360 --> 00:08:58,680 Speaker 1: you know that with I can't believe how many people 188 00:08:58,679 --> 00:09:01,520 Speaker 1: were really that, you know, that that was they thought 189 00:09:01,600 --> 00:09:03,480 Speaker 1: was a viable option. I'm like, don't do that, like, 190 00:09:04,320 --> 00:09:06,040 Speaker 1: you know, it's bad enough that you're you know, we're 191 00:09:06,080 --> 00:09:08,040 Speaker 1: not going to be earning much an interest, but now 192 00:09:08,080 --> 00:09:12,000 Speaker 1: you're guaranteeing you earn nothing. And the problem with money 193 00:09:12,040 --> 00:09:16,320 Speaker 1: that's not earning, it's actually losing because of something called inflation, 194 00:09:16,480 --> 00:09:20,199 Speaker 1: which is basically the devaluing of money over time, meaning 195 00:09:20,280 --> 00:09:23,840 Speaker 1: that your dollar can do less over time. Think about 196 00:09:23,880 --> 00:09:25,760 Speaker 1: how much candy used to be able to buy for 197 00:09:25,760 --> 00:09:28,080 Speaker 1: a dollar when you were a kid. Think about how 198 00:09:28,160 --> 00:09:30,160 Speaker 1: much candy you could buy now with that same dollar. 199 00:09:30,240 --> 00:09:32,040 Speaker 1: The candas to candies are saying, I used to love 200 00:09:33,280 --> 00:09:36,920 Speaker 1: sweetish fish, and it used to be like ten cents 201 00:09:37,080 --> 00:09:39,600 Speaker 1: for a sweetish fish, and now it's twenty five cents 202 00:09:39,640 --> 00:09:42,560 Speaker 1: for that same little pack, same sweedis fish, same size, 203 00:09:43,000 --> 00:09:45,960 Speaker 1: same dollar. So why is it that my dollar can 204 00:09:46,000 --> 00:09:47,280 Speaker 1: do less? I used to be able to buy ten, 205 00:09:47,320 --> 00:09:50,640 Speaker 1: Now I could buy four. That's inflation. So if your 206 00:09:50,640 --> 00:09:54,640 Speaker 1: money is actually not earning, it's by nature losing its 207 00:09:54,720 --> 00:09:57,120 Speaker 1: value due to inflation. So you don't want to pull 208 00:09:57,120 --> 00:09:58,640 Speaker 1: your money out of any little bit of earnings that 209 00:09:58,640 --> 00:10:01,320 Speaker 1: you could possibly But I will say, if you are 210 00:10:01,360 --> 00:10:05,000 Speaker 1: in retirement, or if you are in close to retirement, 211 00:10:05,160 --> 00:10:07,920 Speaker 1: like within five ten years, then I mean we're kind 212 00:10:07,920 --> 00:10:09,960 Speaker 1: of here now I don't even know about switching up now. 213 00:10:10,320 --> 00:10:12,720 Speaker 1: But if that's you really sitting there with your financial 214 00:10:12,720 --> 00:10:15,600 Speaker 1: planner advisor to talk about what should I do. Hopefully 215 00:10:15,640 --> 00:10:18,240 Speaker 1: they've reached out to you before now if you have one, 216 00:10:18,280 --> 00:10:21,240 Speaker 1: because some moves you know should have been made. But 217 00:10:21,360 --> 00:10:27,960 Speaker 1: if you have over ten years before you retire, so fifteen, twenty, 218 00:10:28,000 --> 00:10:31,480 Speaker 1: whatever you are going to be, I'm gonna use air 219 00:10:31,559 --> 00:10:36,120 Speaker 1: quotes fine in that the market is cyclical. Just ten 220 00:10:36,200 --> 00:10:39,120 Speaker 1: years ago we had the Great Recession and then we 221 00:10:39,240 --> 00:10:43,120 Speaker 1: had you know, last like what how many years of prosperity, 222 00:10:43,440 --> 00:10:46,040 Speaker 1: And that the market does is up down, down, down down, 223 00:10:46,280 --> 00:10:48,800 Speaker 1: up up, down, down down. So if you have over 224 00:10:48,880 --> 00:10:51,120 Speaker 1: ten years, you will see it go back up again, 225 00:10:51,400 --> 00:10:54,440 Speaker 1: and you should be fine. It's those people who have less, 226 00:10:54,520 --> 00:10:56,839 Speaker 1: or those people who are already in retirement, that I probably 227 00:10:56,840 --> 00:10:57,720 Speaker 1: worry about most. 228 00:10:58,679 --> 00:11:02,080 Speaker 2: I'm just and I hope people who are nearing retirement 229 00:11:02,160 --> 00:11:05,160 Speaker 2: were already de leveraging themselves, like taking themselves out of 230 00:11:05,160 --> 00:11:07,840 Speaker 2: the market. You know, I'm not gonna lie. I just 231 00:11:07,920 --> 00:11:10,559 Speaker 2: in real time have checked my four to one K 232 00:11:10,760 --> 00:11:13,160 Speaker 2: because today the market's rebounded a little bit. They are 233 00:11:13,240 --> 00:11:15,240 Speaker 2: up like four percent, which in any other day would 234 00:11:15,240 --> 00:11:17,160 Speaker 2: have been a huge gain. And I'm like, what does 235 00:11:17,200 --> 00:11:19,120 Speaker 2: four percent mean? Because I checked the other day in 236 00:11:19,160 --> 00:11:22,000 Speaker 2: my four when K was down seventeen percent. Y'all, my 237 00:11:22,200 --> 00:11:26,000 Speaker 2: return since January is down twenty six percent. I have 238 00:11:26,160 --> 00:11:29,760 Speaker 2: lost a fourth of my savings. Why am I not 239 00:11:29,800 --> 00:11:33,320 Speaker 2: doing anything? Though? Okay, because, like Tiffany said, I feel 240 00:11:33,360 --> 00:11:36,000 Speaker 2: like I am young, I feel like I have time 241 00:11:36,440 --> 00:11:39,520 Speaker 2: on my side. I have a bit of a hard 242 00:11:39,559 --> 00:11:42,960 Speaker 2: time like telling myself, Okay, for sure, you're gonna be okay, 243 00:11:42,960 --> 00:11:47,200 Speaker 2: because honestly, this is un This is unprecedented precedent, none 244 00:11:47,240 --> 00:11:50,800 Speaker 2: of us kind of It's an interesting experiment, is kind 245 00:11:50,800 --> 00:11:52,720 Speaker 2: of how I'm looking at it. How will the US 246 00:11:52,760 --> 00:11:54,719 Speaker 2: economy bounce back from this? 247 00:11:54,800 --> 00:11:55,760 Speaker 1: We're gonna really. 248 00:11:55,520 --> 00:11:58,160 Speaker 2: Need, I think, you know, the typical tools that our 249 00:11:58,200 --> 00:12:02,000 Speaker 2: government has used to, you know, protect from crises like this, 250 00:12:02,200 --> 00:12:04,600 Speaker 2: like the FED slashing interest rates as they have been 251 00:12:04,640 --> 00:12:07,200 Speaker 2: aren't necessarily working like they have in the past. So 252 00:12:07,600 --> 00:12:09,960 Speaker 2: it's going to be interesting to see how and when 253 00:12:10,000 --> 00:12:12,680 Speaker 2: and how soon we bounce back. But for now, I 254 00:12:12,920 --> 00:12:16,040 Speaker 2: am taking my own advice. I'm not touching anything. I'm 255 00:12:16,080 --> 00:12:19,280 Speaker 2: still contributing to my four O one K. I want 256 00:12:19,280 --> 00:12:21,640 Speaker 2: to believe that we'll find a way out of this. 257 00:12:22,120 --> 00:12:24,040 Speaker 2: The people who are thinking about taking your money out 258 00:12:24,040 --> 00:12:25,920 Speaker 2: of the bank, I mean at least in the bank. 259 00:12:25,960 --> 00:12:28,600 Speaker 2: Like Tiffany said, you have FDIC insurance. Your money is 260 00:12:28,679 --> 00:12:31,560 Speaker 2: protected up to two hundred fifty thousand dollars per account, 261 00:12:31,640 --> 00:12:34,400 Speaker 2: per institution. So putting it under your mattress is about 262 00:12:34,400 --> 00:12:37,320 Speaker 2: the dumbest thing you can possibly do. Someone please convince 263 00:12:37,360 --> 00:12:39,920 Speaker 2: my dad of this. I've been trying for twenty years now. 264 00:12:40,080 --> 00:12:40,640 Speaker 1: It's tough. 265 00:12:40,679 --> 00:12:43,600 Speaker 2: It's tough for me to see that loss, but I 266 00:12:43,640 --> 00:12:47,880 Speaker 2: also remember when I started to invest at twenty three, 267 00:12:48,040 --> 00:12:50,839 Speaker 2: twenty two years old, right at the recession kind of hit, 268 00:12:50,960 --> 00:12:54,720 Speaker 2: and I've seen the value and starting to invest at 269 00:12:54,760 --> 00:12:57,439 Speaker 2: a time when the markets were down, because as they 270 00:12:57,440 --> 00:12:59,800 Speaker 2: go back up, you know you've got a bigger share 271 00:12:59,840 --> 00:13:02,120 Speaker 2: than your money is going further. Today, it's sort of 272 00:13:02,200 --> 00:13:04,560 Speaker 2: like it's sort of like there's a clearance sale on 273 00:13:04,760 --> 00:13:06,679 Speaker 2: stock right now. If you look at it that way, 274 00:13:06,840 --> 00:13:11,040 Speaker 2: and if you invest now, the idea is that when 275 00:13:11,120 --> 00:13:14,040 Speaker 2: those stocks go back up, when those assets go back 276 00:13:14,120 --> 00:13:16,440 Speaker 2: up in value, you know, maybe you're able to buy 277 00:13:16,520 --> 00:13:19,480 Speaker 2: ten shares of whatever you're trying to invest in today, 278 00:13:19,880 --> 00:13:22,280 Speaker 2: but because things are on sale, but like last year, 279 00:13:22,320 --> 00:13:24,719 Speaker 2: you maybe could only afford one. You know, when that 280 00:13:24,840 --> 00:13:28,440 Speaker 2: asset or stock increases in value, You've got ten now, 281 00:13:28,480 --> 00:13:31,000 Speaker 2: so your growth is potentially ten times as great. Now, 282 00:13:31,080 --> 00:13:32,960 Speaker 2: this is all hypothetical. I have no idea if it's 283 00:13:33,000 --> 00:13:36,960 Speaker 2: actually going to happen, but I'm gonna be optimistic. I 284 00:13:37,080 --> 00:13:40,439 Speaker 2: have emergency savings, like I know Tiffany has as well. 285 00:13:40,760 --> 00:13:42,840 Speaker 2: I do have cash that's liquid that we can tap 286 00:13:42,880 --> 00:13:45,920 Speaker 2: into in some sort of crisis. So for me, I'm 287 00:13:46,000 --> 00:13:50,440 Speaker 2: fine with my four one K sitting there struggling strugs defunk, 288 00:13:51,440 --> 00:13:54,800 Speaker 2: and I just hope that it bounces back. I worry 289 00:13:54,840 --> 00:13:59,080 Speaker 2: more for the people who don't have just cash on hand, 290 00:13:59,320 --> 00:14:02,040 Speaker 2: you know. For this is you know, a situation like this, 291 00:14:02,559 --> 00:14:06,400 Speaker 2: and I'm curious to see what happens. It's like people 292 00:14:06,440 --> 00:14:08,680 Speaker 2: are not going to be spending like they used to 293 00:14:08,840 --> 00:14:12,960 Speaker 2: store grocery stores. Yes, are struggling to meet demand, but 294 00:14:12,960 --> 00:14:16,280 Speaker 2: people aren't out, you know, using and feeding the economy, 295 00:14:16,280 --> 00:14:18,600 Speaker 2: fueling it with their spending in the way that we 296 00:14:18,679 --> 00:14:22,240 Speaker 2: have been before. And girl, I have no freaking idea. 297 00:14:22,280 --> 00:14:24,040 Speaker 2: And if experts tell you they have an idea, no 298 00:14:24,040 --> 00:14:24,840 Speaker 2: one knows. 299 00:14:24,840 --> 00:14:26,760 Speaker 1: They don't, no one knows. So what we've been doing 300 00:14:26,840 --> 00:14:28,360 Speaker 1: is that. Like I was like, okay, what can I 301 00:14:28,400 --> 00:14:32,440 Speaker 1: do to be proactive? So I gathered my babe finance 302 00:14:32,520 --> 00:14:36,040 Speaker 1: folks and ask them this current week, if you're listening, 303 00:14:36,080 --> 00:14:38,000 Speaker 1: like when the show just comes out, even if you're not, 304 00:14:38,080 --> 00:14:40,520 Speaker 1: it'll still be available for replay. I asked them if 305 00:14:40,520 --> 00:14:44,520 Speaker 1: they could teach a class to their specialty for free, 306 00:14:44,760 --> 00:14:47,840 Speaker 1: no upselling, no nothing, just for free. And so last 307 00:14:47,880 --> 00:14:50,880 Speaker 1: night we had Tila talk about stocks, like how do 308 00:14:50,920 --> 00:14:53,720 Speaker 1: you buy stocks, you know when the market crashes, And 309 00:14:53,760 --> 00:14:56,920 Speaker 1: she talked about she's not buying stocks currently right now, 310 00:14:57,080 --> 00:14:59,600 Speaker 1: she's waiting, and she showed like how to look at 311 00:14:59,600 --> 00:15:03,160 Speaker 1: a stock chard and what to do, so she was amazing. 312 00:15:03,560 --> 00:15:06,640 Speaker 1: And then tonight I'm teaching how do you budget and 313 00:15:06,680 --> 00:15:11,640 Speaker 1: save during an economic downturn? And then on Wednesday, Sandy 314 00:15:11,720 --> 00:15:15,160 Speaker 1: is teaching how do you make money from home? So 315 00:15:15,240 --> 00:15:18,560 Speaker 1: I think that's critical. And then on Thursday, the final 316 00:15:18,600 --> 00:15:23,000 Speaker 1: class is Kara Stevens, the frugal Feminista. She's teaching how 317 00:15:23,040 --> 00:15:25,800 Speaker 1: do you because Kara does a lot of wellness, you know, 318 00:15:25,880 --> 00:15:29,840 Speaker 1: how do you manage your wellness and your money during 319 00:15:29,840 --> 00:15:32,280 Speaker 1: a crisis, because I think it's really important to end 320 00:15:32,320 --> 00:15:34,680 Speaker 1: with that component. There's a lot of anxiousness going out. 321 00:15:34,880 --> 00:15:37,840 Speaker 1: So all of that is happening on the budget Insta 322 00:15:37,880 --> 00:15:40,000 Speaker 1: Facebook page. The good thing is if you miss it 323 00:15:40,120 --> 00:15:43,400 Speaker 1: or whatever it will be, it's the replays are always 324 00:15:43,400 --> 00:15:45,400 Speaker 1: pinned to the top of the page, so you can 325 00:15:45,440 --> 00:15:48,600 Speaker 1: watch Tila's By the time you listen to this, mine 326 00:15:48,640 --> 00:15:50,960 Speaker 1: will have already gone out if you haven't joined already, 327 00:15:51,320 --> 00:15:53,520 Speaker 1: and if you just wanted to get like updates as 328 00:15:53,560 --> 00:15:54,840 Speaker 1: we do more, because I'm going to do more of 329 00:15:54,880 --> 00:15:57,560 Speaker 1: these with other experts, like I'm sure i'll have someone 330 00:15:57,600 --> 00:15:59,440 Speaker 1: how do you teach your kids at home? So I'm 331 00:15:59,480 --> 00:16:01,480 Speaker 1: just trying to do my part. But if you go 332 00:16:01,560 --> 00:16:04,920 Speaker 1: to a budget NISA goodies, so that's budget mestaya, y'all 333 00:16:04,920 --> 00:16:07,680 Speaker 1: should not spell that, but Goodies is g oo d 334 00:16:07,960 --> 00:16:11,520 Speaker 1: e s dot com. I'm just sending out notifications, reminders 335 00:16:11,520 --> 00:16:14,400 Speaker 1: and links to the free classes. So because people keep asking, 336 00:16:14,520 --> 00:16:16,720 Speaker 1: like on my social you know where and where? So 337 00:16:16,760 --> 00:16:18,640 Speaker 1: I'm like, you know what, it's just easy and if 338 00:16:18,640 --> 00:16:21,160 Speaker 1: that's just my email list, and what it is is 339 00:16:21,200 --> 00:16:25,160 Speaker 1: that I send out like hey, classes tonight at nine pm. 340 00:16:25,240 --> 00:16:29,080 Speaker 1: Here's the link to join. So, yeah, it's just you're right, 341 00:16:29,120 --> 00:16:32,360 Speaker 1: there is no answer. I will say, now is the 342 00:16:32,440 --> 00:16:35,680 Speaker 1: time to drop down and get your frugal on, girl, 343 00:16:35,880 --> 00:16:39,880 Speaker 1: like for real, like it's time to really. The biggest, 344 00:16:40,240 --> 00:16:43,120 Speaker 1: biggest regret that I had during the last recession is 345 00:16:43,120 --> 00:16:46,440 Speaker 1: that I didn't get frugal enough fast enough. And now 346 00:16:46,440 --> 00:16:48,560 Speaker 1: I'm not a big spender anyway. I think you like 347 00:16:48,640 --> 00:16:50,160 Speaker 1: y'all know that me and Mayor are not like these 348 00:16:50,160 --> 00:16:53,000 Speaker 1: big old spenders and we're pretty are like, you know, 349 00:16:53,080 --> 00:16:55,840 Speaker 1: it's pretty frugal already. But there were things that could 350 00:16:55,880 --> 00:16:59,080 Speaker 1: have done, that could have trimmed up a little faster. 351 00:16:59,240 --> 00:17:00,520 Speaker 1: And that was one of my big, I guess regrets 352 00:17:00,560 --> 00:17:02,400 Speaker 1: because I could have had a little more more money 353 00:17:02,720 --> 00:17:05,040 Speaker 1: to last me. I think I still had cable on 354 00:17:05,119 --> 00:17:06,640 Speaker 1: until like the last minute, and I was like, girl, 355 00:17:06,680 --> 00:17:08,240 Speaker 1: this was like two hundred bucks a month for the 356 00:17:08,359 --> 00:17:10,800 Speaker 1: last six months. You know that's a lot. That's twelve 357 00:17:10,880 --> 00:17:14,080 Speaker 1: hundred dollars you could have used, you know, so really 358 00:17:14,160 --> 00:17:18,679 Speaker 1: considering looking at your finances tonight and say what is 359 00:17:18,720 --> 00:17:22,320 Speaker 1: not a necessity and removing as much as you can 360 00:17:22,359 --> 00:17:24,199 Speaker 1: while still being able to maintain a decent, like you know, 361 00:17:24,359 --> 00:17:28,199 Speaker 1: standard of living, but having access to cash and savings 362 00:17:28,600 --> 00:17:32,479 Speaker 1: is really going to be ideal right now, because you 363 00:17:32,560 --> 00:17:36,119 Speaker 1: don't know. I thought that when during the last recession 364 00:17:36,160 --> 00:17:37,879 Speaker 1: two thousand and nine, I thought as a teacher, I 365 00:17:37,920 --> 00:17:40,480 Speaker 1: could not lose my job because teachers didn't lose jobs, 366 00:17:40,760 --> 00:17:43,920 Speaker 1: and then I did and I wasn't really prepared. This time, 367 00:17:43,960 --> 00:17:48,159 Speaker 1: I am prepared because I know anything can happen, like 368 00:17:48,280 --> 00:17:52,240 Speaker 1: despite that, like you know that my business does well 369 00:17:52,280 --> 00:17:54,840 Speaker 1: in financial kind of turmoil because people are looking for 370 00:17:55,320 --> 00:17:58,280 Speaker 1: answer that there's no guarantee that the budget needs to 371 00:17:58,320 --> 00:18:00,520 Speaker 1: will still be here. So I'm really conscious the fact that, 372 00:18:00,600 --> 00:18:03,439 Speaker 1: like what do I do if if, like you know, 373 00:18:03,680 --> 00:18:06,239 Speaker 1: the business tanks and like what does that look like 374 00:18:06,400 --> 00:18:10,879 Speaker 1: for me and my family? So living frugally, saving as 375 00:18:10,960 --> 00:18:12,919 Speaker 1: much as you can. I honestly I see people are 376 00:18:12,960 --> 00:18:15,320 Speaker 1: going hard with paying off their debt. Normally, I'm like, yes, 377 00:18:15,440 --> 00:18:18,879 Speaker 1: go hard. I wouldn't right now that extra money you 378 00:18:18,920 --> 00:18:21,160 Speaker 1: need to be setting inside for yourself to pay bills 379 00:18:21,160 --> 00:18:23,400 Speaker 1: in the future. I would not be putting like I'm 380 00:18:23,440 --> 00:18:25,320 Speaker 1: normally me and men are normally like, go hard with 381 00:18:25,359 --> 00:18:28,720 Speaker 1: your debt. I would not be giving my debt double 382 00:18:28,760 --> 00:18:30,800 Speaker 1: and triple. If that's what you've been doing, I would 383 00:18:30,840 --> 00:18:33,520 Speaker 1: be preserving capital and making sure I had enough money 384 00:18:33,640 --> 00:18:37,280 Speaker 1: to last me. Should your income decrease or be eliminated 385 00:18:37,280 --> 00:18:39,639 Speaker 1: in the next couple of months, now's really time to 386 00:18:39,720 --> 00:18:40,200 Speaker 1: hunker down. 387 00:18:40,280 --> 00:18:43,600 Speaker 2: Quite honestly, no, I completely agree, and let's take let's 388 00:18:43,600 --> 00:18:45,080 Speaker 2: take a quick break, and I kind of want to 389 00:18:45,080 --> 00:18:47,399 Speaker 2: do this show a little bit differently because we have 390 00:18:47,480 --> 00:18:50,280 Speaker 2: been getting questions which are pretty much along those lines, 391 00:18:50,320 --> 00:18:51,920 Speaker 2: you know, what should we be doing. And of course 392 00:18:51,920 --> 00:18:53,639 Speaker 2: Tiffany and I have been focusing a little bit on 393 00:18:53,960 --> 00:18:56,960 Speaker 2: mostly on your four one K and investments the past 394 00:18:57,080 --> 00:18:59,399 Speaker 2: couple of shows. But let's talk about like kitchen table 395 00:18:59,480 --> 00:19:02,199 Speaker 2: finances and how you can talk about this as a 396 00:19:02,240 --> 00:19:04,880 Speaker 2: family and plan ahead for whatever there is to come. 397 00:19:05,000 --> 00:19:06,280 Speaker 2: So you want to take a quick break and we'll 398 00:19:06,320 --> 00:19:09,360 Speaker 2: come back and do a quick we can just continue 399 00:19:10,080 --> 00:19:12,840 Speaker 2: talking about, you know, families and how you can be 400 00:19:13,040 --> 00:19:15,720 Speaker 2: doing this, and I'll share how we've been handling in 401 00:19:15,800 --> 00:19:50,600 Speaker 2: my household as well. Okay, all right, we are back. 402 00:19:50,640 --> 00:19:54,000 Speaker 2: So we were talking about, you know, Tiffany, very very wisely, 403 00:19:54,280 --> 00:19:57,720 Speaker 2: like us, the budget needs to or something is talking 404 00:19:57,720 --> 00:20:00,399 Speaker 2: about like people who people need to hear this. It 405 00:20:00,480 --> 00:20:04,680 Speaker 2: is time to resist the temptation. You know what's funny, 406 00:20:04,760 --> 00:20:07,280 Speaker 2: I can tell that retailers are trying to take advantage 407 00:20:07,359 --> 00:20:09,040 Speaker 2: of the folks sitting at home, bored out of their 408 00:20:09,119 --> 00:20:11,119 Speaker 2: vimes because I have gotten so many alerts. H and 409 00:20:11,280 --> 00:20:14,600 Speaker 2: M's having a sale. Bye Bye Baby sent me a coupon, 410 00:20:14,840 --> 00:20:17,640 Speaker 2: Bert's Baby sent me something like. It seems like these 411 00:20:17,680 --> 00:20:20,320 Speaker 2: businesses are like, oh, you're at home, you bored, you 412 00:20:20,359 --> 00:20:23,080 Speaker 2: want to buy something. And I am really trying to 413 00:20:23,119 --> 00:20:26,720 Speaker 2: resist because, like Tiffany said, yes, I have savings and 414 00:20:26,760 --> 00:20:30,160 Speaker 2: I do feel prepared. But you know, even my job 415 00:20:30,160 --> 00:20:33,280 Speaker 2: in the financial sector, anything could happen. You know, if 416 00:20:33,320 --> 00:20:36,240 Speaker 2: people you know and I have always been in that position, 417 00:20:36,359 --> 00:20:39,080 Speaker 2: we all are. Look at the folks who work for airlines. 418 00:20:39,119 --> 00:20:43,080 Speaker 2: You know, airlines are already having layoffs because of what's happening. So, 419 00:20:43,480 --> 00:20:46,840 Speaker 2: you know, without creating another sort of panic, let's talk 420 00:20:46,880 --> 00:20:50,080 Speaker 2: about looking at your budget today and looking at what 421 00:20:50,119 --> 00:20:53,080 Speaker 2: you can cut back on. So personally, my husband and I, 422 00:20:53,400 --> 00:20:55,040 Speaker 2: he didn't really want to do it, but of course 423 00:20:55,119 --> 00:20:57,800 Speaker 2: I kind of forced him to sat down and we 424 00:20:57,880 --> 00:20:59,840 Speaker 2: looked at our finances. You know, what do we have 425 00:21:00,000 --> 00:21:02,560 Speaker 2: coming in, and what are our expenses like right now, 426 00:21:02,560 --> 00:21:04,879 Speaker 2: and what can we start thinking about might be on 427 00:21:04,920 --> 00:21:08,000 Speaker 2: the chopping block cable, Well, certainly one of them are 428 00:21:08,119 --> 00:21:10,960 Speaker 2: eating out budget, thank goodness. You know we're naturally not 429 00:21:11,000 --> 00:21:13,440 Speaker 2: going to be using that anymore. So I was trying 430 00:21:13,480 --> 00:21:15,960 Speaker 2: to find money in our budget to start putting more 431 00:21:16,080 --> 00:21:20,280 Speaker 2: into our emergency savings account. And we don't have a 432 00:21:20,320 --> 00:21:22,400 Speaker 2: ton of debt right now. We have like a low 433 00:21:22,440 --> 00:21:25,800 Speaker 2: we have a zero interest loans still we're paying off relating. 434 00:21:25,440 --> 00:21:25,960 Speaker 1: To the house. 435 00:21:26,359 --> 00:21:29,600 Speaker 2: But like Tiff said, like if you have loans out there, 436 00:21:29,640 --> 00:21:31,200 Speaker 2: I would you know, what do you think, like make 437 00:21:31,240 --> 00:21:35,800 Speaker 2: your minimum payments, but maybe don't aggret, like try rethinking 438 00:21:36,000 --> 00:21:39,040 Speaker 2: potentially aggressively paying them down and keeping that money in 439 00:21:39,080 --> 00:21:42,600 Speaker 2: savings until things kind of level out and we have 440 00:21:42,720 --> 00:21:45,760 Speaker 2: some you know, some more certainty and how things are 441 00:21:45,800 --> 00:21:46,640 Speaker 2: working out right now. 442 00:21:47,960 --> 00:21:48,760 Speaker 1: Yeah, paying off. 443 00:21:48,640 --> 00:21:51,240 Speaker 2: Debt, I mean it's good, but again, you want to 444 00:21:51,280 --> 00:21:53,919 Speaker 2: have more liquidity. You want to have cash in case 445 00:21:54,080 --> 00:21:57,960 Speaker 2: in case things don't get better quickly. You know, it 446 00:21:58,000 --> 00:22:00,720 Speaker 2: could be a couple more months of this insanity. We 447 00:22:00,880 --> 00:22:03,560 Speaker 2: just don't know, and you want to have that cash 448 00:22:03,600 --> 00:22:04,440 Speaker 2: on hand. 449 00:22:04,800 --> 00:22:07,560 Speaker 1: Exactly that's I think that that was my biggest like, 450 00:22:07,640 --> 00:22:09,840 Speaker 1: oh if I knowing what I know. I used to 451 00:22:09,880 --> 00:22:12,720 Speaker 1: literally like as I was sleeping in my middle school 452 00:22:12,720 --> 00:22:14,680 Speaker 1: bed at home with my parents, I would like mentally 453 00:22:14,720 --> 00:22:17,359 Speaker 1: add up all of the bs that I had bought 454 00:22:17,400 --> 00:22:20,439 Speaker 1: the year before. Like if I would have added not 455 00:22:20,640 --> 00:22:22,320 Speaker 1: pay for this and I would have cut that off, 456 00:22:22,359 --> 00:22:25,359 Speaker 1: I would have had this additional money right here, right now. 457 00:22:25,840 --> 00:22:27,879 Speaker 1: So and the thing is, you know, we had clues. 458 00:22:27,920 --> 00:22:31,000 Speaker 1: It wasn't like I needed a crystal ball. It was like, oh, 459 00:22:31,040 --> 00:22:33,360 Speaker 1: we're here now, But I didn't. I didn't, like I said, 460 00:22:33,400 --> 00:22:34,800 Speaker 1: I mean, I make a joke of it, like drop 461 00:22:34,840 --> 00:22:37,000 Speaker 1: down to get your frugal on. As soon as like 462 00:22:37,040 --> 00:22:39,840 Speaker 1: we're here now, you should be making this decision tonight 463 00:22:39,920 --> 00:22:42,679 Speaker 1: like hey bay, hey, hey self, what are we going 464 00:22:42,720 --> 00:22:45,439 Speaker 1: to cut out tonight? So that was like, you know 465 00:22:45,520 --> 00:22:50,199 Speaker 1: that that's a huge component also too if you do 466 00:22:50,480 --> 00:22:54,480 Speaker 1: have income, like I'm looking to get a little bit 467 00:22:54,520 --> 00:22:57,719 Speaker 1: more liquid. So I said to myself, you know what, 468 00:22:57,800 --> 00:23:00,240 Speaker 1: I this is the opportunity for those who are in 469 00:23:00,280 --> 00:23:03,679 Speaker 1: a solid position, those are this is the opportunity for 470 00:23:03,720 --> 00:23:07,200 Speaker 1: me to invest more heavily when like the market finally 471 00:23:07,280 --> 00:23:10,239 Speaker 1: starts stops dropping. It's a little more stable. Y'all know 472 00:23:10,280 --> 00:23:12,280 Speaker 1: that I purchased the house my husband. I purchased this 473 00:23:12,320 --> 00:23:15,359 Speaker 1: house and we paid for it cash, and so that 474 00:23:15,400 --> 00:23:17,040 Speaker 1: means we don't have a mortgage. But I'm going to 475 00:23:17,080 --> 00:23:21,680 Speaker 1: pull out some of the money from the house to 476 00:23:21,800 --> 00:23:25,520 Speaker 1: set aside to potentially invest alongside with my financial plan. 477 00:23:25,600 --> 00:23:27,879 Speaker 1: And we talked about it, because what that means is like, 478 00:23:27,960 --> 00:23:31,359 Speaker 1: you know, you have a unique opportunity when things go 479 00:23:31,520 --> 00:23:35,080 Speaker 1: really low, for when they go back to normal, to 480 00:23:35,119 --> 00:23:37,960 Speaker 1: be able to get certain investment investments pennies on the dollar. 481 00:23:38,080 --> 00:23:42,760 Speaker 1: Like for example, in two thousand and in ten, my 482 00:23:43,040 --> 00:23:45,120 Speaker 1: house that I bought my condos that about for two 483 00:23:45,119 --> 00:23:49,320 Speaker 1: twenty was sold for one fifty. So the condo was 484 00:23:49,359 --> 00:23:51,800 Speaker 1: not worth one fifty. It was because of the times 485 00:23:51,840 --> 00:23:54,639 Speaker 1: we were in it was procession, and so that person 486 00:23:54,640 --> 00:23:56,480 Speaker 1: bought it for one fifty and then five years later 487 00:23:56,520 --> 00:23:59,160 Speaker 1: it went back up to two hundred thousand, so they 488 00:23:59,200 --> 00:24:02,840 Speaker 1: bought and they were able to say, woo, I made 489 00:24:02,880 --> 00:24:05,320 Speaker 1: a fifty thousand dollar profit. So I want to put 490 00:24:05,359 --> 00:24:07,640 Speaker 1: position myself and my family to be able to do that. 491 00:24:07,880 --> 00:24:11,800 Speaker 1: Now that's only people are wanting to invest but you 492 00:24:11,800 --> 00:24:14,320 Speaker 1: don't have an emergency savings. You want to make sure 493 00:24:14,359 --> 00:24:19,520 Speaker 1: that you shouldn't be putting necessity money toward risky investments. 494 00:24:19,680 --> 00:24:21,160 Speaker 1: I mean, we're not I'm not going to make risky 495 00:24:21,160 --> 00:24:23,080 Speaker 1: investments anyway, but do you know what I mean? Like, 496 00:24:23,119 --> 00:24:25,960 Speaker 1: it's not like I because I feel like I'm not 497 00:24:25,960 --> 00:24:28,280 Speaker 1: gonna lie. This is a bad habit that I have 498 00:24:28,359 --> 00:24:30,600 Speaker 1: that I've been positioning myself like I always work from 499 00:24:30,640 --> 00:24:32,320 Speaker 1: a place of fear when it comes to my finances 500 00:24:32,320 --> 00:24:34,800 Speaker 1: because the recession totally jacked me up. So I've been like, 501 00:24:34,920 --> 00:24:36,399 Speaker 1: I feel like I've been prepared for this day, like 502 00:24:36,440 --> 00:24:39,960 Speaker 1: I have my zombie bunker. I'm like, what all the 503 00:24:40,000 --> 00:24:42,920 Speaker 1: bad habits that I have about stashing too much cash, 504 00:24:43,200 --> 00:24:45,879 Speaker 1: about buying everything in cash, the things that normally are 505 00:24:45,880 --> 00:24:49,119 Speaker 1: and honestly not the greatest in a recession. I'm like, 506 00:24:49,160 --> 00:24:53,760 Speaker 1: oh yeah. 507 00:24:51,920 --> 00:24:55,440 Speaker 2: The system moment I was raped, everything is going to share. 508 00:24:55,880 --> 00:24:57,640 Speaker 1: That's like my mom, who's a nurse. Oh my god. 509 00:24:58,000 --> 00:25:00,240 Speaker 1: I'm like, Okay, Sylvia, we get it. O. I told 510 00:25:00,320 --> 00:25:03,760 Speaker 1: you guys, washing your hands. I never she this is 511 00:25:03,760 --> 00:25:06,840 Speaker 1: her time to shine. Boy, she is ready, and so 512 00:25:06,920 --> 00:25:11,240 Speaker 1: I feel like paranoia. Tiffany this was the moment, but honestly, 513 00:25:11,280 --> 00:25:13,680 Speaker 1: it wasn't good when we had, like you know, our 514 00:25:13,720 --> 00:25:16,159 Speaker 1: prosperity times. But I'm just sharing that to say that, 515 00:25:16,240 --> 00:25:19,320 Speaker 1: like that's the key. Now save safe, save keep as 516 00:25:19,359 --> 00:25:22,040 Speaker 1: much of your money as you can. If you are 517 00:25:22,080 --> 00:25:25,720 Speaker 1: in a pretty decent spot, considering getting a little bit 518 00:25:25,720 --> 00:25:28,919 Speaker 1: more liquid if you can, so you can, you know, 519 00:25:29,040 --> 00:25:31,879 Speaker 1: invest in the market, real estate, whatever is going to 520 00:25:31,920 --> 00:25:33,520 Speaker 1: be the thing that you could get pennies on the 521 00:25:33,520 --> 00:25:36,399 Speaker 1: dollar because those opportunities are coming. Some of them have 522 00:25:36,480 --> 00:25:40,879 Speaker 1: already come. Like for example, there's some stock and I 523 00:25:40,920 --> 00:25:42,200 Speaker 1: won't say well, because I don't want you to be 524 00:25:42,280 --> 00:25:44,080 Speaker 1: like I want to go buy it. There's some stock 525 00:25:44,119 --> 00:25:46,800 Speaker 1: where I noticed that, like huh last year. The stock 526 00:25:46,880 --> 00:25:48,960 Speaker 1: was because I follow certain stock on my on my 527 00:25:49,600 --> 00:25:51,399 Speaker 1: robinhood app and I was like, oh, this stock is 528 00:25:51,400 --> 00:25:53,840 Speaker 1: pretty strong, and I was considering investing because I saw 529 00:25:53,880 --> 00:25:56,200 Speaker 1: it was on the way up. It dropped nearly half, 530 00:25:56,600 --> 00:26:00,639 Speaker 1: but I know that it dropped because of the current coronavirus, 531 00:26:00,680 --> 00:26:02,560 Speaker 1: not because it's not a strong company. Because I've been 532 00:26:02,600 --> 00:26:05,520 Speaker 1: following that company for a while, So that might be 533 00:26:05,600 --> 00:26:08,679 Speaker 1: stocked that I would invest some money in because I 534 00:26:08,800 --> 00:26:12,480 Speaker 1: know that it's a value company that just happens to 535 00:26:12,480 --> 00:26:15,199 Speaker 1: be undervalued right now because of the times we live in. 536 00:26:15,400 --> 00:26:18,160 Speaker 1: But I'm still watching to see and so it's things 537 00:26:18,200 --> 00:26:21,080 Speaker 1: like that. But that is for like I said, that 538 00:26:21,240 --> 00:26:24,120 Speaker 1: is for folks who are already in a decent place 539 00:26:24,200 --> 00:26:27,399 Speaker 1: with their budget and their savings if you don't know 540 00:26:27,400 --> 00:26:29,360 Speaker 1: what to do when it comes to stock. Like Teala's 541 00:26:29,400 --> 00:26:33,439 Speaker 1: free class yesterday was perfect. It was great. Teala's pretty conservative. 542 00:26:33,760 --> 00:26:35,679 Speaker 1: You know, she didn't give like any stock tips. It 543 00:26:35,720 --> 00:26:38,440 Speaker 1: wasn't about that. She really talked about when to buy, 544 00:26:38,880 --> 00:26:42,080 Speaker 1: what platform to use, how do you know that a stock? 545 00:26:42,240 --> 00:26:44,199 Speaker 1: How does she even pick her stock? So it was 546 00:26:44,240 --> 00:26:45,840 Speaker 1: just a really great free class. Like I said, it's 547 00:26:45,920 --> 00:26:48,760 Speaker 1: on the budget needs to Facebook page. You could take 548 00:26:48,760 --> 00:26:50,800 Speaker 1: a look and watch, and she just gave so much 549 00:26:50,800 --> 00:26:54,240 Speaker 1: free value and even she gave us like this free 550 00:26:54,520 --> 00:26:57,160 Speaker 1: link to a tutorial where if you want to learn 551 00:26:57,200 --> 00:26:59,520 Speaker 1: how to read a stock chart, Tila has this free 552 00:26:59,560 --> 00:27:01,679 Speaker 1: tutorial how to do. So what I love is that 553 00:27:01,720 --> 00:27:03,919 Speaker 1: so many people are just stepping up and using their 554 00:27:03,960 --> 00:27:06,240 Speaker 1: gifts and talents and service to others. So it's just 555 00:27:06,280 --> 00:27:08,000 Speaker 1: been that part has been amazing. 556 00:27:08,280 --> 00:27:10,040 Speaker 2: I'm definitely gonna post a link in the show notes 557 00:27:10,080 --> 00:27:12,639 Speaker 2: to the Budgeonese to Facebook page. That sounds awesome. And 558 00:27:12,720 --> 00:27:15,400 Speaker 2: speaking of stepping up, do you want to do Brown 559 00:27:15,440 --> 00:27:17,920 Speaker 2: Boost Brown Break? I know, yeah, maybe it's a shorter show, 560 00:27:18,240 --> 00:27:20,920 Speaker 2: but yeah, let's let's segue over because I have something 561 00:27:21,280 --> 00:27:23,480 Speaker 2: in that vein to talk about from my boost. 562 00:27:23,640 --> 00:27:26,920 Speaker 1: Okay, so it's time to boost a break. I feel like, honestly, 563 00:27:26,920 --> 00:27:28,239 Speaker 1: I don't want us to break for a little walk. 564 00:27:28,240 --> 00:27:32,320 Speaker 1: Something we got not break it. So are you gonna 565 00:27:32,320 --> 00:27:34,080 Speaker 1: boost manager or are you gonna be break? 566 00:27:34,800 --> 00:27:38,119 Speaker 2: I'll do a boost. I have to say, I'm going 567 00:27:38,200 --> 00:27:40,520 Speaker 2: to do a two boosts real quick. So I work 568 00:27:40,560 --> 00:27:42,920 Speaker 2: with a team where most of half of my team 569 00:27:43,000 --> 00:27:46,280 Speaker 2: is remote anyway, but then the other half of us 570 00:27:46,320 --> 00:27:49,159 Speaker 2: who work in offices. Last week we went fully remote 571 00:27:49,400 --> 00:27:51,720 Speaker 2: just to be on the safe side. And I have 572 00:27:51,840 --> 00:27:54,280 Speaker 2: to say, I just it came to me Friday. It 573 00:27:54,400 --> 00:27:57,240 Speaker 2: was a really weird week. I was talking with people 574 00:27:57,320 --> 00:27:59,720 Speaker 2: on Slack and doing zoom calls and it just felt 575 00:27:59,720 --> 00:28:03,159 Speaker 2: like everyone was really anxious. And I talked to my 576 00:28:03,320 --> 00:28:04,919 Speaker 2: number two and I said, you know, do you think 577 00:28:05,000 --> 00:28:06,719 Speaker 2: it would be a good idea for us to just 578 00:28:06,800 --> 00:28:09,000 Speaker 2: have one big zoom call, like just call it a 579 00:28:09,040 --> 00:28:12,399 Speaker 2: happy hour optional half an hour on Friday afternoon at 580 00:28:12,440 --> 00:28:14,159 Speaker 2: four pm, Like, why don't we just give people a 581 00:28:14,240 --> 00:28:15,240 Speaker 2: chance to come and vent? 582 00:28:15,359 --> 00:28:17,080 Speaker 1: And it ended up being the. 583 00:28:16,920 --> 00:28:21,440 Speaker 2: Most cathartic, really like time to spend with my team 584 00:28:21,520 --> 00:28:24,480 Speaker 2: and just acknowledge that they're humans and to see their 585 00:28:24,520 --> 00:28:26,840 Speaker 2: puppies and to see their kids in the background making 586 00:28:26,880 --> 00:28:29,800 Speaker 2: noise because schools have closed and has left them with 587 00:28:29,840 --> 00:28:33,479 Speaker 2: no childcare. And all I've gotten back from people is 588 00:28:33,560 --> 00:28:35,840 Speaker 2: just gratitude for taking the time to do that. 589 00:28:36,000 --> 00:28:36,800 Speaker 1: So I encourage you. 590 00:28:36,840 --> 00:28:39,800 Speaker 2: If you guys are working remotely now and you're feeling 591 00:28:39,840 --> 00:28:42,840 Speaker 2: like disconnected or isolated from your you know, your work 592 00:28:42,920 --> 00:28:45,959 Speaker 2: family because you see these people all the time, I 593 00:28:46,000 --> 00:28:48,760 Speaker 2: hope that you consider doing something like that because I 594 00:28:48,800 --> 00:28:52,000 Speaker 2: really feel like it benefited people to just talk and 595 00:28:52,200 --> 00:28:56,080 Speaker 2: just you know, acknowledge that we're all stressed the hell 596 00:28:56,120 --> 00:28:58,600 Speaker 2: out and we're all you know, in line at Costco 597 00:28:58,720 --> 00:29:02,360 Speaker 2: like everybody else and trying to figure out you know, 598 00:29:02,520 --> 00:29:05,760 Speaker 2: childcare and things like that. So a boost for that 599 00:29:06,080 --> 00:29:09,280 Speaker 2: and an encouragement to those of you working online ask 600 00:29:09,360 --> 00:29:11,160 Speaker 2: for that if you feel like you know you can't 601 00:29:11,160 --> 00:29:14,080 Speaker 2: host it yourself, or consider hosting an online happy hour yourself, 602 00:29:14,160 --> 00:29:17,840 Speaker 2: just to be connected. My other boost was just to 603 00:29:18,000 --> 00:29:19,160 Speaker 2: encourage people to check. 604 00:29:19,000 --> 00:29:19,840 Speaker 1: In on your neighbors. 605 00:29:21,120 --> 00:29:23,640 Speaker 2: We're in a neighborhood, but my block is kind of short, 606 00:29:23,680 --> 00:29:25,960 Speaker 2: and I know everybody on the block and it's sort 607 00:29:25,960 --> 00:29:29,040 Speaker 2: of sesame street style, But we have been doing our 608 00:29:29,160 --> 00:29:32,000 Speaker 2: daily walks and just so we have FaceTime with neighbors 609 00:29:32,080 --> 00:29:35,280 Speaker 2: and we keep our distance. But you know, I left 610 00:29:35,320 --> 00:29:38,120 Speaker 2: a note from my elderly neighbor Rosemary, who I know 611 00:29:38,320 --> 00:29:40,920 Speaker 2: is probably in her late eighties early nineties, lives on 612 00:29:40,960 --> 00:29:43,480 Speaker 2: her own. Left her note just with our phone number 613 00:29:43,520 --> 00:29:46,120 Speaker 2: if she needs anything to let us know. And I 614 00:29:46,160 --> 00:29:48,720 Speaker 2: saw my other neighbor Joe, checking in on Rosemary too, 615 00:29:49,200 --> 00:29:52,959 Speaker 2: And I feel a really nice sense of camaraderie with 616 00:29:53,000 --> 00:29:55,160 Speaker 2: our neighbors right now, like people will check in on 617 00:29:55,280 --> 00:29:57,560 Speaker 2: us and we'll check in on each other. And I 618 00:29:57,720 --> 00:30:00,680 Speaker 2: feel that's helped me with the anxiety around the situation, 619 00:30:00,840 --> 00:30:04,880 Speaker 2: because you know, I can't cure coronavirus, I can't solve 620 00:30:04,920 --> 00:30:07,600 Speaker 2: the economic crisis that we're in right now, but I 621 00:30:07,640 --> 00:30:10,720 Speaker 2: can check in on my neighbors, and those stories have 622 00:30:10,800 --> 00:30:13,680 Speaker 2: been trickling in with the other kind of headlines in 623 00:30:13,720 --> 00:30:16,600 Speaker 2: the media right now. But just try and embrace your 624 00:30:16,640 --> 00:30:20,000 Speaker 2: neighbors and be a good neighbor yourself, and and hopefully 625 00:30:20,000 --> 00:30:21,760 Speaker 2: we can just get through this together. 626 00:30:22,240 --> 00:30:28,320 Speaker 1: Now. I love that. So my boost is the Bordigas. 627 00:30:28,920 --> 00:30:32,000 Speaker 2: So you know, my husband's dad owns the book. 628 00:30:32,280 --> 00:30:35,560 Speaker 1: I don't know that. Well, he's a princess. Yeah, well 629 00:30:35,600 --> 00:30:41,480 Speaker 1: tell him, I said, ola signor graassias pour two. I 630 00:30:41,520 --> 00:30:44,840 Speaker 1: don't know anyway. So here's why. So yesterday I called 631 00:30:44,840 --> 00:30:47,080 Speaker 1: my sister, the one that lives Biby with the two 632 00:30:47,120 --> 00:30:49,160 Speaker 1: little ones. I said, are you good. She's like, yeah, girl, 633 00:30:49,160 --> 00:30:51,800 Speaker 1: but you know this whole toilet paper situation. She's got 634 00:30:51,840 --> 00:30:54,320 Speaker 1: two party training kids, so you already know. And she 635 00:30:54,480 --> 00:30:56,720 Speaker 1: was like, you know, I didn't. I had normal toilet 636 00:30:56,880 --> 00:30:59,800 Speaker 1: paper of stock, you know, but everyone's it's sold out 637 00:30:59,800 --> 00:31:02,920 Speaker 1: every where. I'm not sure what to do. And I 638 00:31:02,920 --> 00:31:05,960 Speaker 1: saw someone post, girl, you better hit up some of 639 00:31:06,040 --> 00:31:09,000 Speaker 1: these neighborhood stores that a lot of them have great stock, 640 00:31:09,360 --> 00:31:10,840 Speaker 1: and so I said, you know what, I So I 641 00:31:10,920 --> 00:31:13,120 Speaker 1: went and I just kind of like drove around Newark 642 00:31:13,200 --> 00:31:15,640 Speaker 1: and the first kind of like corner bodega store, I 643 00:31:15,720 --> 00:31:18,160 Speaker 1: went in and they had toilet paper piled up to 644 00:31:18,200 --> 00:31:20,680 Speaker 1: the ceiling, and I bought like, you know, like two 645 00:31:20,840 --> 00:31:23,880 Speaker 1: packs to like I think, like two eight packs. And 646 00:31:23,920 --> 00:31:25,720 Speaker 1: then I was curious that I went like around the 647 00:31:25,720 --> 00:31:29,800 Speaker 1: corner there was another local neighborhood store, bodega. You know, 648 00:31:29,800 --> 00:31:31,240 Speaker 1: they were playing like I don't know if it was 649 00:31:31,240 --> 00:31:33,720 Speaker 1: Dominican music, but they were getting it in. Like then 650 00:31:33,920 --> 00:31:37,320 Speaker 1: I was like, okay, and they had but it was 651 00:31:37,400 --> 00:31:39,200 Speaker 1: just like a vibe and they had all the things. 652 00:31:39,200 --> 00:31:42,640 Speaker 1: They had cases of water, they had you know, toilet 653 00:31:42,640 --> 00:31:44,680 Speaker 1: tissue as well. So I didn't buy anything from there 654 00:31:44,680 --> 00:31:46,560 Speaker 1: because I was all good, but I went to four 655 00:31:46,600 --> 00:31:49,440 Speaker 1: stores just to look, and I posted on like my 656 00:31:49,440 --> 00:31:52,040 Speaker 1: my ig stories and I said, wow, like I think 657 00:31:52,120 --> 00:31:55,680 Speaker 1: it's an underutilized place, not for the people who lived there, 658 00:31:55,720 --> 00:31:57,600 Speaker 1: but for people who are like racing off to these 659 00:31:57,600 --> 00:32:00,760 Speaker 1: big stores that depending on where you live, if you 660 00:32:00,880 --> 00:32:06,840 Speaker 1: have a local neighborhood store, bodega or otherwise, it's a 661 00:32:06,880 --> 00:32:09,719 Speaker 1: potential place where where every place else is sold out, 662 00:32:09,760 --> 00:32:11,760 Speaker 1: they have plenty of things. And when I tell you 663 00:32:11,800 --> 00:32:14,240 Speaker 1: it was so chill, people were in there like buying 664 00:32:14,280 --> 00:32:16,280 Speaker 1: like a lollipops. I'm like, no, so you're not gonna 665 00:32:16,280 --> 00:32:20,280 Speaker 1: buy a water. People were coming in for like you know, 666 00:32:20,440 --> 00:32:23,360 Speaker 1: like like it was just a number, like a regular 667 00:32:23,480 --> 00:32:26,080 Speaker 1: ordinary day and just getting like small little things. So 668 00:32:26,520 --> 00:32:28,200 Speaker 1: but like I said, it was you know, I was 669 00:32:28,240 --> 00:32:32,200 Speaker 1: grateful for that, knowing that like my local like neighborhood 670 00:32:32,240 --> 00:32:35,240 Speaker 1: stores had plenty of stock, and so I said, idn't. 671 00:32:35,240 --> 00:32:36,960 Speaker 1: I didn't want to overdo. I just got her enough 672 00:32:37,000 --> 00:32:39,120 Speaker 1: that she should be fine for two or three weeks, 673 00:32:39,360 --> 00:32:40,960 Speaker 1: so I wanted to save some for other people in 674 00:32:41,040 --> 00:32:43,440 Speaker 1: case it gets to that point. But it was nice 675 00:32:43,440 --> 00:32:45,920 Speaker 1: to see that there wasn't this sense of panic and 676 00:32:45,960 --> 00:32:47,760 Speaker 1: there was plenty, plenty, plenty. 677 00:32:48,600 --> 00:32:51,880 Speaker 2: Oh I love it. Support your local small business, small 678 00:32:51,920 --> 00:32:53,160 Speaker 2: store owner, for sure. 679 00:32:53,880 --> 00:32:54,240 Speaker 1: I love that. 680 00:32:54,360 --> 00:32:54,440 Speaker 2: Ye. 681 00:32:55,560 --> 00:32:55,720 Speaker 1: Yeah. 682 00:32:55,760 --> 00:32:58,160 Speaker 2: We checked in on Enrique's dad to see how business 683 00:32:58,200 --> 00:33:00,240 Speaker 2: is doing, and he says business is going very well. 684 00:33:00,600 --> 00:33:03,280 Speaker 2: A little worried about him, you know, being exposed to customers, 685 00:33:03,280 --> 00:33:06,000 Speaker 2: but you know he's got like a plastic partition to 686 00:33:06,080 --> 00:33:08,160 Speaker 2: be safe. And I was like, please wash your hands 687 00:33:08,680 --> 00:33:11,480 Speaker 2: handle cash and and things like that, but you know, 688 00:33:11,560 --> 00:33:15,800 Speaker 2: he would never shut that story down. And so thank 689 00:33:15,840 --> 00:33:17,520 Speaker 2: you for appreciating people like here. 690 00:33:17,720 --> 00:33:19,880 Speaker 1: It look really hard they do. I mean yeah, it's 691 00:33:19,920 --> 00:33:21,959 Speaker 1: just like I said, it was just I thought it 692 00:33:22,000 --> 00:33:25,760 Speaker 1: was awesome. I was like, wow, you gotta stopped, you know. 693 00:33:26,240 --> 00:33:28,440 Speaker 1: So people hitting me my ID like where is that? 694 00:33:28,520 --> 00:33:31,080 Speaker 1: I'm like, you're coming to Newark? Girl? You live in Chicago. 695 00:33:31,200 --> 00:33:33,280 Speaker 1: Now go look for your own logo bodega. 696 00:33:33,760 --> 00:33:34,080 Speaker 2: Yeah. 697 00:33:34,720 --> 00:33:39,280 Speaker 1: Oh well stay safe, Mandra be well, be safe. 698 00:33:40,000 --> 00:33:41,880 Speaker 2: Yes, take care of your mental health. You guys, those 699 00:33:41,880 --> 00:33:43,680 Speaker 2: of you working at home, go for walks. 700 00:33:44,440 --> 00:33:44,720 Speaker 1: I did. 701 00:33:44,800 --> 00:33:47,600 Speaker 2: I hosted a girls night on FaceTime this weekend. It 702 00:33:47,720 --> 00:33:49,480 Speaker 2: was kind of corny, but it was great. 703 00:33:49,920 --> 00:33:52,360 Speaker 1: I love that, you know. I feel sad for the 704 00:33:52,400 --> 00:33:53,720 Speaker 1: people who have to cancel their weddings. 705 00:33:53,840 --> 00:33:56,680 Speaker 2: Yeah, goodness baptisms. 706 00:33:56,720 --> 00:33:59,400 Speaker 1: But sacrifices have to be made. If we're going to 707 00:33:59,440 --> 00:33:59,920 Speaker 1: get through this. 708 00:34:00,080 --> 00:34:02,640 Speaker 2: You know, we have to start taking these drastic measures. 709 00:34:02,680 --> 00:34:04,120 Speaker 1: And it's so tough. 710 00:34:04,240 --> 00:34:05,880 Speaker 2: I know what. We are strong and we will get 711 00:34:05,920 --> 00:34:08,879 Speaker 2: through this. We're here for you guys, and whatever small 712 00:34:08,920 --> 00:34:11,520 Speaker 2: way we can be through your headphones right now, let 713 00:34:11,600 --> 00:34:14,880 Speaker 2: us know how you're coping. Hit us up Brodnivision podcast 714 00:34:14,960 --> 00:34:18,440 Speaker 2: at gmail dot com or send us a note on Instagram. 715 00:34:18,480 --> 00:34:20,600 Speaker 2: Where a broad Envision podcast on the Gram. I'd love 716 00:34:20,640 --> 00:34:23,359 Speaker 2: to hear from you guys, and and hear how you're 717 00:34:23,400 --> 00:34:27,600 Speaker 2: coping with the COVID nineteen coronavirus crisis. 718 00:34:27,200 --> 00:34:29,040 Speaker 1: And just so you know, we all return to normal. 719 00:34:29,440 --> 00:34:33,600 Speaker 1: Superman has been downstairs doing whatever all day long. And 720 00:34:33,640 --> 00:34:36,319 Speaker 1: he entered into the room because he could smell I 721 00:34:36,400 --> 00:34:38,160 Speaker 1: was doing a podcast, and he's like, I looked at him. 722 00:34:38,239 --> 00:34:40,880 Speaker 1: He said podcast. I'm like, yo, I don't care what 723 00:34:41,080 --> 00:34:43,080 Speaker 1: day time that we take. Maybe we could do this 724 00:34:43,080 --> 00:34:45,839 Speaker 1: at three am in the morning he would still wake up. 725 00:34:45,960 --> 00:34:49,680 Speaker 2: Podcast. 726 00:34:51,440 --> 00:34:54,319 Speaker 1: All right, y'all, Bye bye, be well.