WEBVTT - 10 Easy Ways to Save Money 0:00:00.200 --> 0:00:04.320 Brought to you by the all New Toyota Corolla. Welcome 0:00:04.320 --> 0:00:07.280 to you Stuff you Should Know Front House Stuff Works 0:00:07.320 --> 0:00:15.880 dot Com. Hey, and welcome to the podcast. I'm Jock 0:00:16.000 --> 0:00:18.279 Clark and Charles W. Chuck Bryan is with me, and 0:00:18.400 --> 0:00:21.280 Jerry's over there. So this is Stuff you Should Know, 0:00:21.760 --> 0:00:27.480 the legendary podcast live version. Well, it's recorded recorded live 0:00:27.560 --> 0:00:31.800 to tape tape. We've done live persons. Yeah, like in 0:00:31.880 --> 0:00:33.600 a with an audience. Yeah, I don't know if you 0:00:33.640 --> 0:00:37.640 remember that. Sure, we've done it. Yeah. Should we set 0:00:37.720 --> 0:00:39.839 up this a little bit? I'd like to oh, yes, 0:00:39.920 --> 0:00:42.320 go ahead. Well, people, when you listen to Stuff you 0:00:42.360 --> 0:00:45.479 Should Know, a lot of times you're regaled with stories 0:00:45.479 --> 0:00:50.680 of history, or stories of science, or cool animals or 0:00:51.040 --> 0:00:52.680 you know, you name it. We like to cover lots 0:00:52.680 --> 0:00:57.320 of stuff, but occasionally we like to do a little advice. Yes, 0:00:57.880 --> 0:01:00.960 but the fact that we're doing out advice does not 0:01:01.080 --> 0:01:04.399 mean that we are professional advisers. No, no, no. But 0:01:04.440 --> 0:01:07.080 occasionally we like to talk about things like green living, 0:01:07.240 --> 0:01:11.080 or health and fitness, or in this case, finance, just 0:01:11.120 --> 0:01:13.600 because you know, we know the millennials out there think 0:01:14.040 --> 0:01:17.280 they're never gonna have to worry about anything but eventually 0:01:17.280 --> 0:01:19.000 you're going to be off the teeth of your parents 0:01:19.880 --> 0:01:21.600 and you might have to think about this stuff. Either 0:01:21.680 --> 0:01:25.039 that or the millennials are already more worried than anybody 0:01:25.080 --> 0:01:28.400 else right now. Uh, and not just millennials. I think 0:01:28.480 --> 0:01:31.080 anybody could use this advice and put it to pretty 0:01:31.080 --> 0:01:33.720 good use. Well. Yeah, one thing I've realized is that 0:01:33.800 --> 0:01:36.560 you're never too young or you're never too old to 0:01:36.640 --> 0:01:40.320 start being smart and thinking about like, you know, money, 0:01:40.319 --> 0:01:42.520 inter future and stuff like that. I don't know, I mean, 0:01:42.600 --> 0:01:45.119 like if you're in the last weeks of your life, 0:01:45.160 --> 0:01:49.000 like it's too late that maybe, so never say never. 0:01:49.840 --> 0:01:52.639 But yes, the younger you are, the better off you are. 0:01:53.120 --> 0:01:56.560 The later you start, you know, the further you have 0:01:56.680 --> 0:01:59.520 to catch up. But the point is there's no reason 0:01:59.560 --> 0:02:03.120 to not try. And what we're talking about is is 0:02:03.160 --> 0:02:05.840 saving money. But it's not just saving money, it's part 0:02:05.840 --> 0:02:10.280 of like a saving money is the basis of basically 0:02:10.440 --> 0:02:16.320 a conscientious lifestyle. Yeah. Um, you don't have to be rich, 0:02:17.120 --> 0:02:19.960 and you don't have to even want to be rich. Basically, 0:02:20.000 --> 0:02:23.720 all you have to have is the desire to be 0:02:23.919 --> 0:02:28.519 financially independent or close to financially independent and financially free, 0:02:29.160 --> 0:02:31.200 and that doesn't mean you have to have gobs of 0:02:31.200 --> 0:02:33.520 money or endless amount of cash. Actually, it's pretty easy 0:02:33.560 --> 0:02:36.720 to sit there and figure out how much money you 0:02:36.800 --> 0:02:40.000 need and set that as your goal and get to it. 0:02:40.240 --> 0:02:44.080 And the cool thing is if you if you do 0:02:44.200 --> 0:02:47.400 kind of take this advice, you do kind of start 0:02:47.480 --> 0:02:51.600 following this path. I guess you could say, um, it's 0:02:51.760 --> 0:02:55.520 it's It becomes a bit addictive and you realize that 0:02:55.560 --> 0:02:58.600 you've just altered your mindset and you're living basically the 0:02:58.639 --> 0:03:04.600 antithesis of a wasteful consumer culture life and sticking it 0:03:04.639 --> 0:03:07.280 to the man. That's right, and you don't have to 0:03:07.280 --> 0:03:09.480 be a freaking to do it. You know, there's a 0:03:09.480 --> 0:03:12.960 middle ground that's just being smart and uh frugal where 0:03:13.000 --> 0:03:17.160 you need to be. And it's like, I get into it. 0:03:17.160 --> 0:03:19.440 It's not like I'm loaded or anything, but I don't 0:03:19.480 --> 0:03:21.200 think about the money so much as I think about 0:03:21.240 --> 0:03:26.120 efficiency and like waste that really occupies a lot of 0:03:26.160 --> 0:03:30.960 my mind. Once you start thinking about everything in those terms, 0:03:31.680 --> 0:03:34.960 all of a sudden it becomes very clear and every 0:03:34.960 --> 0:03:39.840 little bit it counts because you're you're you know, take energy, 0:03:39.880 --> 0:03:43.280 which we'll get into if you unplug your toaster every 0:03:43.360 --> 0:03:46.120 day after you use it. I mean, what's that going 0:03:46.200 --> 0:03:49.280 to add up to? Like virtually nothing? Actually have a 0:03:49.280 --> 0:03:51.440 bit on vampire power. We'll talk about good. I'm glad 0:03:51.440 --> 0:03:54.560 you do. And it's not much though, right, well, we'll 0:03:54.560 --> 0:03:56.000 talk about it all right. But let's say a toaster 0:03:56.120 --> 0:03:58.640 is not much, just a single toaster, it's not much, 0:03:58.800 --> 0:04:01.560 thank you bye. If you take that toaster and pile 0:04:01.640 --> 0:04:04.680 it in with um, you know, savings on not buying 0:04:04.680 --> 0:04:07.440 coffee every day while you're out and um, you know, 0:04:07.640 --> 0:04:10.000 thinking about your auto insurance and just all the stuff 0:04:10.040 --> 0:04:12.600 that we're going to talk about and think of all 0:04:12.640 --> 0:04:15.680 of it is what you're throwing into a pot, your savings. 0:04:16.000 --> 0:04:20.200 Then it does count. It does matter. Yeah, um, so good, 0:04:20.680 --> 0:04:25.400 thanks man. So the recommended amount that I've seen, I 0:04:25.440 --> 0:04:29.920 don't remember what investment advisor wrote the article or whatever, 0:04:29.960 --> 0:04:32.960 but I've seen before that you want to save what 0:04:33.040 --> 0:04:37.559 amounts to about eight times your ending salary, no matter 0:04:37.640 --> 0:04:40.320 what you're ending salary, that's the salary you're gonna have 0:04:40.360 --> 0:04:44.800 when you retire. Is that is a mind bogglingly daunting 0:04:45.320 --> 0:04:47.880 number if you think about it, to say to have 0:04:47.960 --> 0:04:49.760 that much in the bank by the time you retire. Yeah, 0:04:49.839 --> 0:04:53.280 eight times. Yeah, I better get busy. Supposedly you're supposed 0:04:53.279 --> 0:04:56.320 to have like one time what you you estimate your 0:04:56.400 --> 0:04:59.800 ending salary would be by the time you're thirty, three 0:05:00.000 --> 0:05:02.839 times by the time you're forty, and then so on 0:05:03.040 --> 0:05:05.160 until by about the time you're sixty five. Shoot at 0:05:05.200 --> 0:05:07.359 eight times, you're any Sorry, that's a lot of money, 0:05:07.720 --> 0:05:11.080 That's a lot of savings. Okay, I think pretty much 0:05:11.120 --> 0:05:14.400 everybody is a bit behind. I think that's a that's 0:05:14.400 --> 0:05:19.040 a very important point. I don't feel like anybody, especially 0:05:19.040 --> 0:05:21.960 somebody who feels daunted by that number, should feel like 0:05:22.000 --> 0:05:25.320 that they're on the outs and that everybody else is 0:05:25.360 --> 0:05:28.760 doing well. But at the same time, that doesn't mean 0:05:29.160 --> 0:05:31.200 that just because everybody else is a saving that you 0:05:31.200 --> 0:05:33.800 shouldn't start. Don't compare yourself to others. Just take care 0:05:33.800 --> 0:05:36.760 of your business, and that's what this whole thing is about. 0:05:36.760 --> 0:05:39.719 Don't worry about the joneses so um. One of the 0:05:39.760 --> 0:05:42.000 first one of the first things you want to do 0:05:42.080 --> 0:05:45.600 is figure out what the eight time amount is and 0:05:45.720 --> 0:05:48.360 set that as your goal by the time you're sixty five, 0:05:48.800 --> 0:05:51.760 and then start looking around and figuring out ways to 0:05:51.800 --> 0:05:53.680 get there, and one of the best ways is to 0:05:53.839 --> 0:05:58.920 stop wasting. Yeah, wasting is the opposite of saving, right, 0:05:59.040 --> 0:06:02.120 So if you save, you're not wasting, and if you waste, 0:06:02.200 --> 0:06:05.680 you're doing the wrong thing. Uh So here's some ways 0:06:05.720 --> 0:06:07.919 you can say, Yeah, you don't get into this. Let's 0:06:08.520 --> 0:06:10.960 entertainment is a lot of times one of the first 0:06:10.960 --> 0:06:14.000 things on the list, because a lot of things in 0:06:14.000 --> 0:06:19.239 the entertainment category are luxuries, meaning they make your life better, 0:06:19.680 --> 0:06:22.640 which is super valid. You just can't do it all 0:06:22.680 --> 0:06:26.640 all the time. Unless you're super rich, then go nuts 0:06:26.839 --> 0:06:31.599 for you you're super rich already, then for instance, Um, 0:06:31.720 --> 0:06:34.000 maybe you can get the same content online as you're 0:06:34.040 --> 0:06:37.240 paying for either with a cable bill or like a 0:06:37.279 --> 0:06:40.360 magazine subscription or a newspaper or something. You might be 0:06:40.400 --> 0:06:42.320 able to get all that stuff free online. Save yourself 0:06:42.360 --> 0:06:44.520 some bucks. Sure, that's one way to do it. Um. 0:06:45.680 --> 0:06:48.960 You make a good point that you know, entertainment is 0:06:48.960 --> 0:06:51.160 a luxury, but it's also in a lot of ways 0:06:51.160 --> 0:06:54.200 of necessity to you just have to look around and say, 0:06:54.200 --> 0:06:57.080 where can I trim some fat? Where am I being wasteful? 0:06:57.160 --> 0:06:59.320 Is there anything that I'm just not really using that 0:06:59.400 --> 0:07:02.560 I'm paying or in the entertainment category, and if so, 0:07:02.920 --> 0:07:05.720 then that means I probably don't really need it and 0:07:05.760 --> 0:07:08.440 I should stop just paying for it out of habit. Yeah, well, 0:07:08.560 --> 0:07:11.840 the Netflix is one thing I dropped finally, the DVD 0:07:11.880 --> 0:07:16.440 delivery in favor of just the online streaming. And would 0:07:16.440 --> 0:07:17.680 it say, Man, I think it's like eight bucks a 0:07:17.680 --> 0:07:19.440 month or something that adds up when you throw it 0:07:19.480 --> 0:07:21.320 into a pot, it adds up. It's like over the 0:07:21.320 --> 0:07:24.240 course of the year. That's like, you know, that's a 0:07:24.320 --> 0:07:26.200 nice meal out or money you could ad mess in 0:07:26.280 --> 0:07:28.440 something else, right, Yeah, Um, saying like you said, with 0:07:28.480 --> 0:07:31.360 magazine subscriptions, if you're getting the magazine and it's just 0:07:31.400 --> 0:07:34.000 sitting there and you're not really reading it or getting 0:07:34.040 --> 0:07:37.520 anything from it, cancel your subscription and say, by the way, 0:07:37.520 --> 0:07:39.480 I already paid for this, so send me what you 0:07:39.520 --> 0:07:43.440 owe me. Still. Um, if you love your magazines, then 0:07:43.480 --> 0:07:46.200 that one wouldn't count. Again. What we're talking about here 0:07:46.240 --> 0:07:51.680 is trimming the fat, not living this horribly. Um, mind's 0:07:51.680 --> 0:07:55.280 really lifestyle. Yeah that that is no fun whatsoever. But 0:07:55.880 --> 0:07:58.200 like we said, once you start getting into this, you're 0:07:58.200 --> 0:08:00.720 probably going to find that it's actually find to look 0:08:00.760 --> 0:08:03.200 for ways to trim the fat. Yeah, and speaking of 0:08:03.240 --> 0:08:05.960 trimming the fat, um, take a look at your gym 0:08:05.960 --> 0:08:08.680 membership people. How often do you go and what do 0:08:08.720 --> 0:08:10.400 you do while you're there. If it's something you get 0:08:10.400 --> 0:08:12.280 a lot of benefit out of, then by all means, 0:08:12.360 --> 0:08:15.040 keep going because at your health. But do you know 0:08:15.080 --> 0:08:18.040 who pays a month to come run on a treadmill? 0:08:18.560 --> 0:08:23.360 Jerry a sucker. Because there's streets, their sidewalks, there's running trails. 0:08:23.920 --> 0:08:25.960 If you're not utilizing most of the stuff at the 0:08:26.000 --> 0:08:28.280 gym or going to classes and things, you might want 0:08:28.280 --> 0:08:30.040 to think about trim and the fat. Or if you 0:08:30.120 --> 0:08:33.720 really need that ritual for that treadmill and you don't 0:08:33.720 --> 0:08:36.560 mind paying that money for the treadmill, that's fine too, 0:08:36.600 --> 0:08:39.920 But just think about it. Yeah, if you if you 0:08:40.120 --> 0:08:46.920 are shameless or you have no self consciousness whatsoever, you 0:08:46.960 --> 0:08:50.200 can go use the exercise equipment at the park. Yeah, 0:08:50.200 --> 0:08:52.880 you know those little uh little things they have going on. Yeah, 0:08:53.080 --> 0:08:55.840 I just couldn't do that. Yeah, Or you work out 0:08:55.920 --> 0:08:57.480 at the park, you know, Or you could buy a 0:08:57.520 --> 0:09:00.640 treadmill and have it tease you and acu and haunt 0:09:00.679 --> 0:09:03.640 you for the rest of your life. In the spare room, 0:09:03.679 --> 0:09:06.280 which is what happens sometimes. I think that's the opposite 0:09:06.280 --> 0:09:09.960 of good advice as far as that's true. Uh, what 0:09:10.080 --> 0:09:14.160 about automotive costs. That's a really satisfying way to save money, 0:09:14.240 --> 0:09:18.760 because nobody likes paying for car up maintenance and gas, 0:09:19.679 --> 0:09:21.599 two things people hate spending money on. I got some 0:09:21.679 --> 0:09:24.240 numbers for you. Let's say let's say you drive eighty 0:09:24.240 --> 0:09:28.400 thousand miles over five years. Uh, if you bought a 0:09:28.440 --> 0:09:31.240 car that gets twenty five miles to the gallon compared 0:09:31.280 --> 0:09:34.200 to one that gets fifteen miles to the gallon, you're 0:09:34.240 --> 0:09:37.360 gonna be buying two thousand fewer gallons of gas over 0:09:37.400 --> 0:09:42.240 that time average of three fifty gallon over five years, 0:09:42.400 --> 0:09:47.559 You've saved seven thousand dollars in gasoline costs, which is like, 0:09:47.760 --> 0:09:50.040 I mean, that's super substantial. Man. You could put that 0:09:50.080 --> 0:09:53.000 into your four own care or whatever and make that 0:09:53.040 --> 0:09:54.800 into a lot more money by the time you retire, 0:09:55.280 --> 0:09:58.240 just by ten miles a gallon difference by not getting 0:09:58.280 --> 0:10:02.480 that ginormous UV you can't even park, Maybe get something 0:10:02.520 --> 0:10:06.040 more fuel efficient instead. You know, well, yeah, I mean, 0:10:06.160 --> 0:10:09.200 that's a seven grand in your pocket that you just 0:10:09.600 --> 0:10:14.840 wouldn't have had before. Um, what else? Your car insurance 0:10:14.880 --> 0:10:17.360 is another good place to go, Like anything you're currently 0:10:17.400 --> 0:10:22.240 paying for, um, that's a good place to to start 0:10:22.320 --> 0:10:26.880 and say, how can I pay less for the same 0:10:26.920 --> 0:10:29.760 amount or do I need the same amount that I 0:10:29.800 --> 0:10:33.000 have right now? So usually if you have a decent 0:10:33.280 --> 0:10:36.600 insurance person, you will find that they will be happy 0:10:36.640 --> 0:10:39.280 to talk to you and say you don't really need this, 0:10:39.440 --> 0:10:42.080 or if you raise your deductible a little bit, you'll 0:10:42.080 --> 0:10:45.480 probably be okay, um, and you'll be paying less per 0:10:45.559 --> 0:10:50.040 month without losing out on anything. Really, another place you 0:10:50.040 --> 0:10:52.160 can say gas is and a lot of people don't 0:10:52.160 --> 0:10:54.520 realize this, but your tires in your car are supposed 0:10:54.559 --> 0:10:57.280 to be inflated to a certain amount, and if they're 0:10:57.320 --> 0:11:00.920 lower than that, you're gonna be wasting gas. Yeah. Uh. 0:11:00.960 --> 0:11:03.280 In fact, for every two pounds per square inch that 0:11:03.320 --> 0:11:05.959 you're off that they're low, your maledge goes down by 0:11:05.960 --> 0:11:09.200 one percent. And in this article they judge most cards 0:11:09.240 --> 0:11:11.880 are about five to ten pounds per square inch low, 0:11:12.240 --> 0:11:15.120 and that's about five percent less fuel efficient just by 0:11:15.160 --> 0:11:18.200 putting air in your tires. Yeah, that's crazy. Plus even more, 0:11:19.520 --> 0:11:22.679 there's a lot of gas stations that have free air. Yeah, 0:11:22.840 --> 0:11:26.680 not as much anymore, but your trip does they Yeah, alright, 0:11:26.880 --> 0:11:30.400 go to kut um. Let's see what else, chuck. All right, 0:11:30.440 --> 0:11:33.920 you want to talk grocery stores always? All right? Uh, 0:11:34.120 --> 0:11:36.520 first of all, right, now would be a terrible time 0:11:36.559 --> 0:11:39.439 for me to go grocery shopping because I'm very hungry. Yeah, 0:11:39.520 --> 0:11:41.840 they say to eat first time. Yeah, I mean, it 0:11:41.920 --> 0:11:44.880 really does work because it makes an enormous difference on 0:11:45.240 --> 0:11:49.240 like buying stuff that you normally wouldn't buy. If you 0:11:49.320 --> 0:11:51.559 are hungry at the grocery store, like, you're just gonna 0:11:51.600 --> 0:11:54.200 buy more. It's a proven fact, that's right, Josh. And 0:11:54.240 --> 0:11:57.120 then going out to lunch at work is a big, 0:11:57.160 --> 0:12:01.080 big deal, a big expense potentially, they say in here 0:12:01.080 --> 0:12:03.000 six dollars a day is eight hundred a year, but 0:12:03.520 --> 0:12:06.120 six dollars a day that's super cheap. It is you know, 0:12:06.160 --> 0:12:08.160 it probably won't live a year if you're eating six 0:12:08.160 --> 0:12:11.280 dollar lunches every day. Yeah, I mean, let's say that's 0:12:11.280 --> 0:12:14.040 twelve bucks. Or if you go out for business lunches, 0:12:14.480 --> 0:12:16.920 like you're really racking up money. Right, And if it's 0:12:16.960 --> 0:12:20.880 not just few, but also your spouse or significantity, life 0:12:20.880 --> 0:12:23.720 partner whatever also doing the same thing. You can double 0:12:23.760 --> 0:12:27.360 that amount right there. So I just get around the 0:12:27.400 --> 0:12:30.199 whole thing by not eating lunch. But you could also 0:12:30.760 --> 0:12:34.840 pack your own lunch save a substantial amount. Plus you know, 0:12:35.280 --> 0:12:38.000 it's like you're being your own mom packing your lunch 0:12:38.040 --> 0:12:41.240 in the morning. You write yourself a note even right, um, 0:12:41.320 --> 0:12:45.160 and then chuck at the grocery store to um. If 0:12:45.240 --> 0:12:48.320 you take a little time and go online or get 0:12:48.320 --> 0:12:51.960 your favorite grocery stores app they have those these days. Um, 0:12:52.040 --> 0:12:54.839 you can find all sorts of specials coupons, that kind 0:12:54.880 --> 0:12:58.040 of thing, and say what can I do with salery 0:12:58.040 --> 0:13:01.560 and chickpeas? Right, And then you put them together and 0:13:01.760 --> 0:13:04.760 base your weekly plan on that you could make hummas 0:13:04.760 --> 0:13:07.439 and dip the celery in it exactly. And you take 0:13:07.520 --> 0:13:11.240 that list that features chickpea and salaries and whatever else 0:13:11.240 --> 0:13:14.960 it takes to make hummus um and take it to 0:13:15.000 --> 0:13:18.679 the store and you stick to that list some garlic exactly. 0:13:19.520 --> 0:13:21.960 But the point is you've thought about all this before 0:13:22.000 --> 0:13:24.040 you went to the store, wrote it down on the list, 0:13:24.200 --> 0:13:26.400 and then stuck to the list, and then use the 0:13:26.440 --> 0:13:29.360 coupons that originally got you to think of hummus in 0:13:29.360 --> 0:13:32.880 the first place. You just saved yourself some money an 0:13:32.880 --> 0:13:36.240 incalculable amount, mainly because I don't want to calculate it 0:13:36.320 --> 0:13:38.640 right now, that's right. Yeah, keep your eyes peeled at 0:13:38.679 --> 0:13:41.320 the store for specials. Um. I know you don't want 0:13:41.320 --> 0:13:43.400 to grab the little fire when you walk in because 0:13:43.440 --> 0:13:45.360 it makes you look like you're, you know, eighty years old. 0:13:45.840 --> 0:13:47.640 But that's where you find out the deals. You know, 0:13:47.679 --> 0:13:50.120 they're buy one, get one free on a tub of butter. 0:13:50.640 --> 0:13:53.280 Go get the tub of butter and get your second 0:13:53.280 --> 0:13:58.119 one for free. That's right. As I want to apologize 0:13:58.120 --> 0:14:01.720 to our eighty year old listeners who like circulars at 0:14:01.720 --> 0:14:04.360 the grocery store. Yeah, my man, my mom was way 0:14:04.440 --> 0:14:07.400 into coupons. Yeah, well a lot of people are. Yeah, 0:14:07.600 --> 0:14:11.360 I've read that apparently coupons have gone down in quality 0:14:12.040 --> 0:14:14.320 because of this coupon craze that's going on right now. 0:14:14.320 --> 0:14:16.320 So many people are using it that companies are like, 0:14:16.559 --> 0:14:18.680 we can't afford to put out decent coupons. Did you 0:14:18.760 --> 0:14:21.360 say there's a coupon craze going on? Really? Did you 0:14:21.400 --> 0:14:25.520 not know? Not? Oh man, there's whole TV shows dedicated 0:14:25.560 --> 0:14:28.560 to it. Coupon craze. Yes, really, it's the name of 0:14:28.600 --> 0:14:31.680 the Joe coupon Grace. No, there's like extreme coupon NG Really, 0:14:31.680 --> 0:14:34.960 I think on TLC you've never heard of that. What now? 0:14:35.120 --> 0:14:38.600 Is it just people like it's people who are so 0:14:38.640 --> 0:14:41.240 good at couponing. I saw a man on a TV show. 0:14:42.240 --> 0:14:45.520 He had like a four hundred dollar grocery bill, and 0:14:45.560 --> 0:14:47.640 from his coupons, he brought it down to like the 0:14:47.680 --> 0:14:50.080 fourteen dollars. I thought, you're gonna say they paid him 0:14:50.080 --> 0:14:52.280 a hundred dollars. It was close to it. It was 0:14:52.440 --> 0:14:54.480 very close to it. Yeah, use your you know, most 0:14:54.480 --> 0:14:56.840 grocery stores have a little club card used those that's 0:14:56.840 --> 0:14:59.040 really satisfying to see all that money go away at 0:14:59.080 --> 0:15:01.960 the end. Not only that, some of those cards will 0:15:02.040 --> 0:15:05.080 get you like extra bucks or points or whatever that 0:15:05.320 --> 0:15:09.480 will actually deduct money from your additional money on top 0:15:09.520 --> 0:15:12.560 of coupons from your bill after a while. Like it's 0:15:12.600 --> 0:15:17.000 it's not a bad idea, um to take advantage of 0:15:17.080 --> 0:15:21.720 loyalty programs if it makes sense to you, Like there 0:15:21.720 --> 0:15:24.920 are there are plenty of people out there that own 0:15:25.000 --> 0:15:28.720 companies that have come up with loyalty programs that are 0:15:28.760 --> 0:15:32.240 frankly scams, and you have to be wary of those 0:15:32.320 --> 0:15:35.320 because you don't want to buy stuff you wouldn't normally 0:15:35.320 --> 0:15:37.640 buy just because you're gonna say fifty cents on it 0:15:37.920 --> 0:15:40.800 because it costs you three fifty that you weren't going 0:15:40.880 --> 0:15:44.520 to spend anyway, you know. But if you're going to 0:15:44.760 --> 0:15:47.160 the same store again and again and again, it's just 0:15:47.200 --> 0:15:49.280 down the street, they have pretty good prices. You like 0:15:49.320 --> 0:15:52.360 their coupons, sign up for their loyalty program and it 0:15:52.400 --> 0:15:55.920 will pay off in the end. I'll buzz market here. 0:15:55.920 --> 0:15:58.960 I got to Kroger, Yeah, when I can, and they 0:15:59.040 --> 0:16:01.160 keep track of your thing through your little card. And 0:16:01.200 --> 0:16:03.560 then I get gas or two because a it's cheaper already, 0:16:03.600 --> 0:16:06.560 but every like four or five fill ups, they'll give 0:16:06.600 --> 0:16:09.480 you credit from your grocery buys on your gas. Right, 0:16:09.560 --> 0:16:11.560 I'll say, like, would you like to say tinsensic allen 0:16:11.600 --> 0:16:15.000 because you bought groceries? Is there like an actual no button? 0:16:15.400 --> 0:16:17.640 There's a no no because you can say that like 0:16:17.760 --> 0:16:20.240 give your life or whatever, or I'm flushed this week 0:16:20.280 --> 0:16:24.080 if that's how you live. But um, I always say, heck, yeah, yeah, 0:16:24.120 --> 0:16:26.480 give me the tencent. I remember hearing a long time 0:16:26.520 --> 0:16:30.040 ago that like, um, that they were trying to outlaw 0:16:30.960 --> 0:16:35.280 gas discounts, Like some of those places sell gas at 0:16:35.880 --> 0:16:39.320 below what they pay for. It attract people into their stores, 0:16:39.680 --> 0:16:42.280 and it was like driving other gas stations out of business. 0:16:43.040 --> 0:16:47.640 T Yeah, when it comes to saving baby, it's survival 0:16:47.640 --> 0:16:50.560 of the fittest. All right. Let's talk about family expenses, 0:16:51.160 --> 0:16:54.720 things like your prescription drugs or maybe your baby formula. 0:16:55.360 --> 0:16:58.080 All these things you can get generic versions of that 0:16:58.080 --> 0:17:01.520 are FDA proved to be just as good as your 0:17:01.760 --> 0:17:04.800 brand name version. You know who buys brand name stuff, 0:17:05.440 --> 0:17:09.320 suckers brand named drugs. Yeah. Well, it says here in 0:17:09.359 --> 0:17:13.240 this article that drug companies spend all their money on 0:17:13.320 --> 0:17:16.200 like research and development and stuff like that. That's not true. 0:17:16.440 --> 0:17:19.080 Most drug companies get universities to do their r and 0:17:19.160 --> 0:17:21.960 D for free, but they just have the patent on 0:17:22.000 --> 0:17:23.680 it for the first few years and can charge whatever 0:17:23.720 --> 0:17:26.359 they want depending on the country. There. The point is, 0:17:26.800 --> 0:17:31.359 generics have the exact same thing in it by law. Um, 0:17:31.520 --> 0:17:34.440 it's just they don't own the patent and the patents expired, 0:17:35.320 --> 0:17:38.800 so now everybody can sell it for cheap. Buddy, I 0:17:38.880 --> 0:17:40.240 know one way you save a lot of money in 0:17:40.280 --> 0:17:46.160 the past few years. Smokies, Yes, not smoking yeah, cigarettes, 0:17:46.240 --> 0:17:49.040 or how much are they know? Last I saw they 0:17:49.040 --> 0:17:52.239 were like five bucks a pack. In Atlanta, they're like 0:17:52.320 --> 0:17:55.359 twelve dollars a pack or so in New York that's 0:17:55.600 --> 0:17:59.639 twelve dollars a pack. And I remember when they started 0:17:59.640 --> 0:18:02.200 to go up because I smoked at a time when 0:18:02.200 --> 0:18:04.080 you can get them for like a dollar fifty a pack, 0:18:04.880 --> 0:18:06.239 and then all of a sudden they were like three 0:18:06.280 --> 0:18:09.959 dollars four or five. And there were articles because you know, 0:18:10.080 --> 0:18:12.960 tobacco is going through the roof, and there are articles 0:18:13.000 --> 0:18:16.920 on what the price point would be where people stop smoking. 0:18:17.040 --> 0:18:19.159 You remember hearing a lot of people say five and 0:18:19.200 --> 0:18:22.719 it's that's just not some people, I'm sure quit because 0:18:22.960 --> 0:18:25.600 they hit five bucks, But no, people will still smoke 0:18:25.640 --> 0:18:28.720 and pay five dollars or twelve dollars a pack every 0:18:28.800 --> 0:18:32.120 day to shorten their life and incur more medical expenses 0:18:32.160 --> 0:18:33.800 later on. Right, And the point is is if you 0:18:33.920 --> 0:18:38.479 quit like that is it's just like having a higher 0:18:38.520 --> 0:18:43.399 fuel fuel efficiency car or um. It's just money in 0:18:43.440 --> 0:18:48.239 your pocket that you otherwise would have spent unnecessarily. And 0:18:48.280 --> 0:18:51.000 like you said, this is just harmful and you're spending 0:18:51.040 --> 0:18:54.040 money at So that's a great one, right, there Chris 0:18:54.080 --> 0:18:57.760 smoking thousands of dollars a year. Bam, right in your pocket. Boom. 0:18:58.760 --> 0:19:01.359 They say quit drinking in this are iCal too, that 0:19:01.400 --> 0:19:04.360 your addictions are costing you money pretty much. Anything that 0:19:04.480 --> 0:19:09.000 you could give up, yeah, that maybe you should give 0:19:09.080 --> 0:19:13.400 up that can save you money that falls into this category. Yeah, 0:19:13.480 --> 0:19:15.200 or maybe you know, if you like your glass wine 0:19:15.200 --> 0:19:17.600 with dinner, maybe just get a little maybe just pick 0:19:17.640 --> 0:19:19.560 and choose and cut down and save a little money 0:19:19.600 --> 0:19:21.879 and improve your health a little bit right by the 0:19:22.200 --> 0:19:27.240 gigantic box of wine. Yeah, to get a better value. 0:19:27.359 --> 0:19:31.199 Moderation it's the key, except with smoking, you should there 0:19:31.200 --> 0:19:35.439 shouldn't even be moderation there. Household energy is the one 0:19:35.440 --> 0:19:39.199 I'm obsessed with pretty much. Yeah. I grew up in 0:19:39.240 --> 0:19:44.880 a house you know, teachers as parents, uh three kids, like, 0:19:44.920 --> 0:19:47.920 we had to use coupons and turn off the lights 0:19:47.960 --> 0:19:49.840 when you left the room and not leave the TV going. 0:19:50.000 --> 0:19:52.240 And we had to do that to get by and 0:19:52.320 --> 0:19:55.040 to live just a normal, lower middle class life. But 0:19:55.119 --> 0:19:57.640 that's not something you should change because it's just wasteful. 0:19:59.040 --> 0:20:01.840 Well yeah you yeah, even if you have the dough like, 0:20:01.960 --> 0:20:05.320 you shouldn't waste energy. There's a yeah, that's exactly right. 0:20:05.359 --> 0:20:07.640 That's one of the that's a good point, Chuck. Like, 0:20:07.680 --> 0:20:12.080 one of the things about changing your mindset to like 0:20:12.119 --> 0:20:15.560 a saving mindset is you know, not only is it 0:20:15.640 --> 0:20:19.239 good for you financially, but it also tends to have 0:20:19.320 --> 0:20:22.600 like positive spillover effects, Like, for example, you're saving money, 0:20:22.600 --> 0:20:24.960 saving energy, but it's also a lot better for the 0:20:25.080 --> 0:20:30.200 environment anything. Anytime you're cutting out waste, there's pretty much 0:20:30.240 --> 0:20:33.760 no downside to that. So this is a good example 0:20:33.800 --> 0:20:36.560 of like a good positive spillover effect. Yeah. Do you 0:20:36.560 --> 0:20:39.880 know what I do is I think about the electronic uh, 0:20:40.040 --> 0:20:42.720 the meter on the side of your house spinning, and 0:20:42.760 --> 0:20:46.080 I'm literally every time I turn things off and follow 0:20:46.119 --> 0:20:48.440 Emily around the house turning things off after she turns 0:20:48.480 --> 0:20:52.119 them on, I literally think about the meter slowing down, 0:20:52.640 --> 0:20:55.040 and it makes me like breathe a sigh of relief 0:20:55.160 --> 0:20:58.040 as the meter breathes a sigh of relief. I know 0:20:58.160 --> 0:21:00.680 it sounds silly, but no, it doesn't really think about 0:21:00.680 --> 0:21:02.880 that things turning down. I mean just going, oh, yeah, 0:21:02.920 --> 0:21:05.000 that's much more like it. There is an invention out 0:21:05.040 --> 0:21:08.359 there that is made for you. It's pretty new, but 0:21:08.400 --> 0:21:10.320 I believe it's on the market. You can plug it 0:21:10.359 --> 0:21:14.520 into an outlet, and what it does is eavesdrops on 0:21:14.840 --> 0:21:18.560 your electrical use and it can actually sort out what's 0:21:18.560 --> 0:21:23.280 doing what. But the read out shows you how much 0:21:23.320 --> 0:21:25.439 electricity you're using, and I think you can convert it 0:21:25.480 --> 0:21:27.480 to like a dollar amount too or something. And the 0:21:27.520 --> 0:21:31.040 whole point is if you see how much you're using, 0:21:31.560 --> 0:21:34.640 you'll want to decrease it. So you would love this 0:21:34.680 --> 0:21:37.360 thing because it would show a decreased amount every time 0:21:37.359 --> 0:21:39.760