Speaker 1: Welcome to How the Money. I'm Joel and I am Matt.
Speaker 2: Today we're talking stellar staycations, Devilish destination fees, and pay
Speaker 2: cut gut punch.
Speaker 1: That's right, buddy, this is our Friday flight. We're going
Speaker 1: to talk about the most pressing headlines and how they
Speaker 1: specifically pertain to your wallet, to your money. Should we
Speaker 1: go ahead and kick things off? Oh? Can I say
Speaker 1: one thing? Yeah? I thought you wanted to talk about
Speaker 1: Trump's address. I do. I got to get to that.
Speaker 2: Oh yeah, but okay, just briefly, just because I think
Speaker 2: it leads into something we're going to talk about. But
Speaker 2: you've been wearing Zenny glasses for a long time. Any
Speaker 2: optical dot com something we haven't talked about in a
Speaker 2: long time on the show though. So if anybody's like
Speaker 2: needs a new pair of glasses and how they took.
Speaker 1: Them off, look at them right now. I think I've
Speaker 1: had this pair for like three years. There's a literal
Speaker 1: pair of glass and they probably cost you what twenty
Speaker 1: five dollars or I always get the lens upgrades, okay,
Speaker 1: so that it's less so it's more resistant to oil
Speaker 1: and glare things like that. I don't know if it's
Speaker 1: worth it or not to be honest, but it's probably
Speaker 1: fifty bucks then, right for yeah, I don't know, like
Speaker 1: thirty something. He's like twenty four dollars frames with the upgrades.
Speaker 1: Maybe it's like upper thirties, slow forties stuff like that.
Speaker 1: I mean, I still so I had to get new glass.
Speaker 1: These are premium. That's why my premium vision over here.
Speaker 2: So my daughter needs glasses, as it turns out, don't
Speaker 2: know way yeah, so my middle child, how'd y'all figure
Speaker 2: that out?
Speaker 1: Because she's like the vision's bory, I get headache.
Speaker 2: Sometimes we're like classic classic means you probably really probably
Speaker 2: need some winning smart part to see what was getting
Speaker 2: because don't use chalkboards anymore.
Speaker 1: It's all overhead projectors or the smart boards. Oh my gosh,
Speaker 1: a lot of smart boards. Yeah, and so we so
Speaker 1: we were like, all right, let's go get your eyes tested.
Speaker 1: And it's not like an extreme prescription. It's a small one,
Speaker 1: but it's it's like, all right, okay, we got to
Speaker 1: get you some some glasses and't and Emily's like, well,
Speaker 1: let's look look at Warby Parker ninety five bucks. I'm like, yeah,
Speaker 1: that's that's good. They all look like pretty adulty, all
Speaker 1: the frames though, even the ones for kids. Yeah, you
Speaker 1: look very academic. Yeah, like even as a kid. If
Speaker 1: you have Warby Parkers, it's like, oh, you subscribe to
Speaker 1: the Times, you know, right exactly?
Speaker 2: Are you reading the Water Journal every morning? And Zenny
Speaker 2: just has some cuter kid like frames. Yeah, and they
Speaker 2: are going to even wear Warby Parkers, you know. Yeah,
Speaker 2: I don't want to look at sen you do read
Speaker 2: the Wall Street Journal with her pipe every morning? So
Speaker 2: uh and so yeah, we got four pairs of new glasses. Well,
Speaker 2: because she's gonna loose on by the way, Yeah, you
Speaker 2: got to prepare for that. Well, tell guess how much
Speaker 2: I paid for four pairs of glasses from zennything that
Speaker 2: you got, like the nine dollars pairs, so nine times
Speaker 2: four thirty six, but shipping forty two bucks? Okay, so
Speaker 2: a little more so ninety one dollars oh total all in.
Speaker 2: But you get the super baseline frames. No, you got
Speaker 2: a nice seventeen eighteen dollars frames, the clip on sunglasses
Speaker 2: to add on for a couple of them, which is nice.
Speaker 2: So she's gonna be set for summer, I know, man,
Speaker 2: I know she looks adorable in them.
Speaker 1: I can't wait to see. Yeah, so cute, but it's
Speaker 1: I love it.
Speaker 2: And she's got you know, glasses tour with different outfits
Speaker 2: and then when she loses one to get different colornoid. Yeah, yeah, okay,
Speaker 2: that's super cute. So it just remind her to everyone
Speaker 2: if you need glasses, is any opticle is the way
Speaker 2: to go, Not an ad just super cheap, solid sunglasses
Speaker 2: that arrive at your step and a weeker we can have.
Speaker 1: Yeah, unless you've got a local optometrist who you absolutely
Speaker 1: want to support and they've got some nice frames there
Speaker 1: by by all means do that. What I want to
Speaker 1: see folks do is avoid the in between sort of companies,
Speaker 1: right like where you're paying a fortune for an inferior
Speaker 1: product and it's like, oh, we actually if you throw
Speaker 1: one more pair of frames in there, it's only fifty
Speaker 1: more dollars. You know, by the time you're all sudden done,
Speaker 1: is like four hundred and fifty dollars with the eye
Speaker 1: exam and two oh plus the bonus pair of glasses,
Speaker 1: and you're just like, well, I don't even like any
Speaker 1: of these frames, but you end up getting them anyway.
Speaker 2: It's just amazing. One, how cheap it's gotten so much
Speaker 2: more cost effective. Don't remember going to get glasses when
Speaker 2: I was a kid, uh, with my I had like
Speaker 2: a I very like small, so I just like stop.
Speaker 1: Wearing them because it was a very very small prescription.
Speaker 1: That didn't mean but I've never known you literally they
Speaker 1: were like for reading glasses that I was supposed to there, man,
Speaker 1: it didn't really matter. So I but or going with
Speaker 1: my parents, my dad weres classes and U and just
Speaker 1: how expensive it was, how time consuming it was in
Speaker 1: the day.
Speaker 2: Yeah, and you can even do like the try on,
Speaker 2: you know, the video try on when you're when you're
Speaker 2: on zenies, so you kind of see what.
Speaker 1: You're gonna look like in the glasses. And what's cool
Speaker 1: is once you yeah, like you said, did y' all
Speaker 1: measure using the pupilary distance thing and do all that
Speaker 1: and so here here's what's so great is that you
Speaker 1: are able to keep record of the frames that you
Speaker 1: bought which has the pupillary distance and all the different
Speaker 1: sort of metrics that pertain to that specific set of glasses.
Speaker 1: And then if she gets them, and it's just like,
Speaker 1: oh goodness, they're actually kind of a little bit small
Speaker 1: on her. When you are looking at frames in the future,
Speaker 1: you know that, like, Okay, let's find ones that have
Speaker 1: a I don't know, I'm just kind of making this up,
Speaker 1: but like the peopilary distance of that's bigger by three
Speaker 1: or something like that. So st sixty seven, maybe we're
Speaker 1: looking at seventy seventy one, that kind of thing. So
Speaker 1: you can improve, you can essentially, yeah, kind of reiterate
Speaker 1: or iterate upon the process. So these what I'm saying
Speaker 1: is these will be the worst fitting pair of Zenni's
Speaker 1: and that she will likely ever have. Will dial it
Speaker 1: in more exactly because I found that to be the
Speaker 1: case over the years. This is so the ones I
Speaker 1: have on now are my favorite. But I mean I've
Speaker 1: purchased over, I mean over the years, probably eight or
Speaker 1: nine different pairs yeah, of Zenni's, if I had to guess.
Speaker 1: But yeah, that's cool, man, pretty sweet, and I'm glad
Speaker 1: that that worked out for y'all. Yeah. Oh, and I
Speaker 1: wanted to say, I bet another reason that you got
Speaker 1: four pair was because you pay the same price for shipping.
Speaker 1: Did you notice that, Well.
Speaker 2: Once you got over a certain threshold, I think it
Speaker 2: was eighty nine dollars you qualified for free shipping, and
Speaker 2: so honestly, that was part of it. Was like, all r,
Speaker 2: I'm gonna hit ninety one. Yes, I need to get
Speaker 2: her at least two pairs, probably three. Anyway, just because
Speaker 2: we went through retainers like it was, these are a
Speaker 2: little bunny. These are a little bit bigger and slightly
Speaker 2: less painful. So hopefully she won't accidentally throw it away
Speaker 2: with her right exactly, exactly, All right, let's let's move on.
Speaker 2: Let's mention quickly the speech man. I watched it live
Speaker 2: last night because I was very curious, and I'm like,
Speaker 2: this is going.
Speaker 1: To have a lot of the Trumpian address.
Speaker 2: Yes, it's going to have a lot of impact on
Speaker 2: how we move forward, And it was I was. I
Speaker 2: was assuming that we were going to get some sort
Speaker 2: of breaking news, but it seems like, kind of, hey,
Speaker 2: things are going to continue in the same manner for
Speaker 2: the next two to three weeks.
Speaker 1: You're expecting something flashier. I was, Yeah, I was, And
Speaker 1: I tried to be like, here's here's the new Iranian leader.
Speaker 1: I brought him over myself. It would have been interesting
Speaker 1: that did not happen. Instead, it was perhaps more presidential yeah,
Speaker 1: where he's just there delivering a boring address to the camera.
Speaker 1: Maybe maybe we need more boring politics.
Speaker 2: And you and I were saying before this that it
Speaker 2: was proper to give an address the nation about what's
Speaker 2: going on and what the goals and the timeline and so,
Speaker 2: but I think what this made me think and we
Speaker 2: need to talk about a bunch of things today on
Speaker 2: the show. But summer travel is something that people are like,
Speaker 2: what's that going to look like?
Speaker 1: Now? Oh? Yeah, with energy prices, energy prices, yeah.
Speaker 2: And energy prices after that speech, true, oil prices went up,
Speaker 2: right because people are like, all right, this is going
Speaker 2: to this is not ending tomorrow, This is going to
Speaker 2: continue for at least weeks if not.
Speaker 1: It was kind of baked in the fact that, oh,
Speaker 1: he is going to give an address, because there was
Speaker 1: the talk a few days ago too about things getting
Speaker 1: dialed back essentially, and by him saying, oh, two or
Speaker 1: three more weeks, I think a lot of folks were like, well, shoot,
Speaker 1: that's not what we expecting, along with some serious threats
Speaker 1: of hitting them hard, yes exactly, so yeah, essentially more
Speaker 1: pain to come.
Speaker 2: That's macroeconomic stuff and some political stuff which we try
Speaker 2: to avoid, but like especially with the rising airfares that
Speaker 2: we've talked about recently, Matt, I kind of wish I
Speaker 2: had like bought summer travel tickets, like airplane tickets months
Speaker 2: ago before all this started. But if you're a procrastinator
Speaker 2: and you're finding that like prices right now have made
Speaker 2: those dreams of hopping on a plane less feasible, I
Speaker 2: think one thing that we should be advice we can
Speaker 2: offer Mat is to consider the staycation for at least
Speaker 2: part of you of your summer trip. With that, Yeah,
Speaker 2: it sounds, and it always sounds I think more appealing
Speaker 2: to depart for an exotic location, but it's always important
Speaker 2: to consider the trade offs. You can enjoy your town
Speaker 2: or your city like a tourist, you can save a
Speaker 2: lot of money. At the same time, you get to
Speaker 2: avoid the annoyances of the airport drama, which we've talked
Speaker 2: about here on the show as well, which are getting better,
Speaker 2: and then obviously filling up your gas tank. It's not cheap,
Speaker 2: but it's a lot cheaper than plane tickets right now,
Speaker 2: especially with fuel surcharges becoming more common. I think was
Speaker 2: a Jet Blue that just raised checked bag fees citing
Speaker 2: higher fuel costs, and we're going to see more and
Speaker 2: more of that coming down the pike. And by the way,
Speaker 2: if you're like, I don't know, man, that sounds like
Speaker 2: a lame suggestion, well, studies have actually found that staycations
Speaker 2: with short day trips can restore psychological well being similarly
Speaker 2: to an all out vacation.
Speaker 1: The key I totally believe that, right. I mean, the
Speaker 1: key is to mentally switch off from work to get
Speaker 1: into a different headspace. It means like, don't check your
Speaker 1: work email right while you're gone, whether you're on a
Speaker 1: full fleducation or a staycation. So staycation with the proper mindset,
Speaker 1: I think is when could be a way for people
Speaker 1: to save money and still enjoy their summer. Totally agree.
Speaker 1: And I think that a part of why a staycation
Speaker 1: can be so restorative is because there's just a lot
Speaker 1: of logistics involved when you travel, right, Like, it like
Speaker 1: you aren't kicking back in a place where you are
Speaker 1: familiar that hopefully you know, a lot of people try
Speaker 1: to create a space where you feel relaxed when you
Speaker 1: are at home and instead of enjoying that this thing
Speaker 1: that you've worked towards it' say all right, let's get
Speaker 1: out of here, go somewhere where it's where I don't
Speaker 1: know where anything is. So there's like a there's a
Speaker 1: mental fatigue as opposed to staying home relaxing a little bit.
Speaker 1: And also, I think there's something to be said for
Speaker 1: a lot of folks you've got that sort of frenetic
Speaker 1: work energy, and even just transferring that a little bit
Speaker 1: when you're enjoying your staycation at home here and there
Speaker 1: can allow you to feel better a about being a
Speaker 1: help Like I'm thinking about like, oh, there's a stack
Speaker 1: of bills or things, things I need a file or
Speaker 1: look into. Uh, organizing your clothes a little bit, you're like, oh,
Speaker 1: I don't know all the winter clothes. They're they're still
Speaker 1: kind of on the show. I'm pulling things out of
Speaker 1: the summer bend piecemeal. Just things like that where you
Speaker 1: finally feel like you can get on top of some
Speaker 1: of those things and then all of a sudden your
Speaker 1: home it's even more relaxing, And I think there's there's
Speaker 1: a sort of mental benefit that comes from that as well.
Speaker 2: And how many parents have you talked to who come
Speaker 2: back from the vacation and they're like, I need a
Speaker 2: vacation from the vacation. I think actually maybe creates more
Speaker 2: of a true vacation reality, even though it's like boring, Yeah,
Speaker 2: it sucks. It's like, well, we didn't go to Hawaii
Speaker 2: this year, man, But I do think that that. I mean,
Speaker 2: it makes me think of our our sabbatical this past summer,
Speaker 2: and man, I was shocked at how the staycation was
Speaker 2: just as good, if not better than some of our travels.
Speaker 2: And we had awesome ye travels, but there was something
Speaker 2: really special about being at home but not working.
Speaker 1: I totally agree. Might you know something like it like
Speaker 1: that again this summer as well? I will say, if
Speaker 1: folks do want to get out of town, it's always
Speaker 1: a good idea to let the deal influence your itinerary.
Speaker 1: So Google flights Explore feature is an awesome way to
Speaker 1: search because you're looking for the best deals around the globe.
Speaker 1: You're not just looking for very minor price adjustments to
Speaker 1: your specific particular city that you want to visit within
Speaker 1: like a very short window of time. Right, So if
Speaker 1: you can be flexible on your dates and your destination,
Speaker 1: there are some huge ways to still save in a
Speaker 1: large way when it comes to money, des by what
Speaker 1: the headlines say regarding the cost and the price of travel.
Speaker 2: My kids were asking about airfare prices last night. They
Speaker 2: were like, so, what if you booked the day before?
Speaker 2: I was like, it's really expensive. They were like, what
Speaker 2: if you book three years in advance? And I was like, well,
Speaker 2: you can't actually do that. They're like, well, that's also
Speaker 2: very expensive. Well they don't even have the tickets listen
Speaker 2: for a sail yet. Okay, but what if you book
Speaker 2: like nine months in advance? So I'm like, that's actually
Speaker 2: really expensive too. And they're like, then when are you
Speaker 2: supposed to book trammel? And I'm like, well usually months
Speaker 2: two to three months three.
Speaker 1: For international, right, Yeah, it just depends. So yeah, keep
Speaker 1: keep looking. And I agree Google explore is great. Speaking
Speaker 1: of the headlines, though, Matt recession predictions arising. The Free
Speaker 1: Press recently published an article titled brace Yourselves, a recession
Speaker 1: is coming. I guess that's based on is that a
Speaker 1: lord of the rings? Beam to brace yourselves? Brace yourselves?
Speaker 1: Is that a lord of the rings? I'm sure maybe.
Speaker 1: I don't think it's necessarily lord of the rings? All Right,
Speaker 1: you've read that more recently than I have, so I
Speaker 1: think it's from the movie Defer. Okay, well, speaking of classic,
Speaker 1: it's not really classic. We shouldn't talk about Harry Potter,
Speaker 1: but the new Harry Potter series looks good. I'm on board.
Speaker 2: Yeah anyway, same, yeah, okay, So this makes me think
Speaker 2: though about the Bloomberg headline from twenty twenty two. Do
Speaker 2: you remember that one that forecast a chance of recession?
Speaker 2: I wasn't just it was everybody like all that. It
Speaker 2: was like all the banks were like yep, across the board.
Speaker 1: Everybody was saying that there was a recession, leaving room
Speaker 1: for the possibility of there not being recession. But Bloomberg
Speaker 1: went all the way in said one hundred percent. I remember,
Speaker 1: like Jamie Diamond was making comments and it was like
Speaker 1: everybody they were extreme, but at least they weren't like
Speaker 1: it's an evil Bloomberg. The only one Bloomberg was the
Speaker 1: one one hundred percent, and of course they were wrong.
Speaker 2: And then even say ninety nine exactly like man, that's
Speaker 2: you know, the one scenario we could not have thought
Speaker 2: of actually played out well. And a lot of the
Speaker 2: post Liberation Day takes were predicting similar things, right, and
Speaker 2: you and I were no fans of tariffs, but they
Speaker 2: didn't have the pronounced impact actually that a lot of
Speaker 2: people forecast. And so this article it's not ill informed.
Speaker 2: It actually it highlights real risks, right, geopolitical risks in
Speaker 2: particular that after the speech from this week, of course,
Speaker 2: are meaningful, and they could play out. Given what's happening
Speaker 2: in the Middle East, I wouldn't be surprised about a
Speaker 2: lot of potential outcomes that could have real, massive ramifications
Speaker 2: on the global economy and on the US economy. But
Speaker 2: when the R word starts getting tossed around and they
Speaker 2: say a recession is coming, people tend to want to
Speaker 2: run for the exits. And I just want to say,
Speaker 2: you're going to see this word tossed around more and
Speaker 2: more in the coming weeks, and it's frightening for a
Speaker 2: lot of people, Matt. But there I just I hate
Speaker 2: to see. I think there's usually an emotional like cortisols
Speaker 2: spike when you read those headlines and you feel like
Speaker 2: you need.
Speaker 1: To take action. That's the whole point, right, Yeah, don't
Speaker 1: run for the exits. Instead, continue to invest like an optimist,
Speaker 1: save like a pessimist, and actually even pessimistic folks don't
Speaker 1: agree with his take. So there's this guy known as
Speaker 1: doctor Doom. He's an economist at NYU, and he actually
Speaker 1: recently shared that he doesn't see a recession on the horizon.
Speaker 1: So he was kind of a providing a level headed take.
Speaker 1: So who should you actually listen to? And I think
Speaker 1: it's the best idea is to always be prepared for
Speaker 1: a recession, whether we're talking about on the economy as
Speaker 1: a whole or just in your own personal life, but
Speaker 1: generally speaking two and out recession predictions. And I think
Speaker 1: folks might be getting tossed here and there by the
Speaker 1: different headlines. And oh, prices are increasing, like, of course
Speaker 1: the price of oil, we're just talking about that as well.
Speaker 1: Oh dude, let's provide some context too, because the price
Speaker 1: of oil, that's something where folks are like, oh my gosh,
Speaker 1: it's the highest it's been in a really long time,
Speaker 1: since twenty twenty two. In twenty twenty two, the inflation
Speaker 1: adjusted price for a barrel of oil was one hundred
Speaker 1: and thirty five dollars. So twenty twenty two, this is
Speaker 1: post pandemic, and before that it was two thousand and eight.
Speaker 1: This is during the Great Recession and the inflation, and
Speaker 1: just price there is almost double what it is today.
Speaker 1: In today's prices, it would have been two hundred and
Speaker 1: twelve dollars. And so this isn't this isn't to say
Speaker 1: that prices are not rising. But let's temper our expectations
Speaker 1: of whether or not O recession is going to and
Speaker 1: just for everyone to keep a levelhead, little heads.
Speaker 2: Yeah, all right, let's talk about the job market mat
Speaker 2: because instead of getting an annual raise, there's a chance
Speaker 2: you could actually get a pay cut at your annual review.
Speaker 1: Maybe.
Speaker 2: One of my friends actually recently mentioned he worked for
Speaker 2: a pretty large employer here where we live, and he said, man,
Speaker 2: looks like we have too much staff because of AI implementation.
Speaker 2: And I was like, what's going to happen? He was like,
Speaker 2: I'm not sure yet, but we could see reduced PEG.
Speaker 2: We could see people's jobs eliminated. And so the headline
Speaker 2: unemployment rate is still historically low. The job market has softened,
Speaker 2: and folks who have been laid off, they actually find
Speaker 2: themselves in a more precarious position right now. Instead of
Speaker 2: applying for jobs hoping for a lateral move or to
Speaker 2: stay in the same basic pay range. There's a new
Speaker 2: study that highlights that many people feel forced to take
Speaker 2: a job with a similar title that pays less. So
Speaker 2: there's this company, Rivellio Labs, and they found that among
Speaker 2: all white collar workers who changed jobs at the end
Speaker 2: of line next year, forty percent took salary cuts of
Speaker 2: more than ten percent. So you're unlikely to actually get
Speaker 2: a pay cut at your annual review. That's not something
Speaker 2: we're seeing in big numbers, but we are seeing people
Speaker 2: who are looking for another job or lose their job
Speaker 2: and then are on the job market. They have to
Speaker 2: be comfortable getting paid less, because that's four and ten
Speaker 2: people who are getting a significant pay cut. There are
Speaker 2: a few takeaways here, though. I think that's one is
Speaker 2: to save up more cash, whether there's a recession, whether
Speaker 2: something happens to your job. More cash on hand is huge,
Speaker 2: right if you lose your job, that cash offers you
Speaker 2: a longer runway, more time to hold out for the
Speaker 2: right position and pay package. Also, of course, have your
Speaker 2: bare bones budget on hand, your BBB, yes, because that's
Speaker 2: going to help you stretch your dollar even further if
Speaker 2: something happens to your job. And you're out there looking
Speaker 2: at hunting. And if you like your job and your
Speaker 2: current pay, make sure your employer knows how valuable you are,
Speaker 2: because if you were to lose your job, then the
Speaker 2: Piggins are slimmer.
Speaker 1: Yeah, yeah, absolutely like and that makes sense, like from
Speaker 1: an intuitive standpoint, but also in this story, and we'll
Speaker 1: link to, of course all of the stories we mentioned
Speaker 1: in the show notes for the Friday flight, but there
Speaker 1: is an individual that they talked that they were talking
Speaker 1: with and he kept saying something like, Oh, if they
Speaker 1: would only give me a chance, I could prove myself
Speaker 1: like that I'm really good if they only gave me
Speaker 1: the time. In the back of my mind, I kept thinking, well, man,
Speaker 1: you had time. It was with the job that you
Speaker 1: had prior to getting let go. And there's no time
Speaker 1: like the present when you are currently employed to be
Speaker 1: able to express not only your appreciation. And this isn't like,
Speaker 1: I don't know, don't buy your boss a gift, but like,
Speaker 1: find ways to prove your value and to show that
Speaker 1: you're invested in that you're taking this job seriously right,
Speaker 1: Like it makes me think about relationships even like I
Speaker 1: think back to when Kate and I were dating, a
Speaker 1: lot of my time was spent thinking of ways to
Speaker 1: impress her to like do something thoughtful. You got the
Speaker 1: ring on the thing. Care you don't have to do
Speaker 1: any of that. But like, unfortunately that's true. You get married.
Speaker 1: You know, you've been married for like eighteen year, nineteen
Speaker 1: close to nineteen years, and life looks a lot different.
Speaker 1: You have kids, you're kind of just cruising along. But
Speaker 1: think about we just have a Unfortunately we take things
Speaker 1: for granted, whether it's relationships or with jobs, and so
Speaker 1: from a relationship standpoint, think about how how far a sweet,
Speaker 1: thoughtful comment would go, especially if I shared that with
Speaker 1: her in front of the kids for them to see
Speaker 1: it as well. Right like that, just think about just
Speaker 1: what you're doing with from a family culture standpoint, truly
Speaker 1: to communicate something there's no alterier motive as well, But
Speaker 1: truly I'm trying to let her know that I appreciate
Speaker 1: something that she's doing. That goes a really long way
Speaker 1: and thing in our relationship. Continuing to thrive and to
Speaker 1: do well, and so within a professional job context, I
Speaker 1: think that means leaning into your ability to express that
Speaker 1: you are taking this job seriously, that you are proactively
Speaker 1: moving forward, not just clocking in, showing up when you're
Speaker 1: supposed to be there, and not providing a whole lot
Speaker 1: of value to that company.
Speaker 2: Probably, yeah, extra that might be extra effort most of
Speaker 2: the time, and but the effort that words you need
Speaker 2: to be used rarely to communicate that. It's like, it's
Speaker 2: how you show up to the gig.
Speaker 1: R and the effort that you were that it would
Speaker 1: take now would I think be a fraction of the
Speaker 1: effort that it would take to then end up finding
Speaker 1: having to find a new job. Yeah. So that's that's
Speaker 1: why I'm saying for folks who are currently employed, don't
Speaker 1: assume that you are going to continue to be employed,
Speaker 1: and definitely at this particular company one hundred percent.
Speaker 2: I think it's also going to do when you are
Speaker 2: looking for jobs to you know, whether you're currently employed
Speaker 2: or not, to look for work at companies that treat
Speaker 2: their employees as well. I think this is something that
Speaker 2: doesn't get talked about enough. It's not just a job
Speaker 2: and a salary. It's like, well, what's the culture of
Speaker 2: this place that I'm now signing on to show up
Speaker 2: at forty plus hours a week? Right, and there's a
Speaker 2: new where you Work Matter Support MATT, which which highlights
Speaker 2: companies that their employees career as well.
Speaker 1: It sounds very nineties Where you Work mat it does,
Speaker 1: it does, doesn't some sort of initiative from like the
Speaker 1: Bush era.
Speaker 2: Well, and they highlight like twenty two companies in particular
Speaker 2: in tech, finance, manufacturing, and healthcare that get the highest marks.
Speaker 2: I think the list is helpful, but the list also
Speaker 2: leaves a little to be desired because there are just
Speaker 2: tons of medium and small companies that treat employees incredibly
Speaker 2: incredibly well. It's also very big companies. I saw Fidelity
Speaker 2: was on there on the list, which made me very happy.
Speaker 1: Yeah, like, I love a Fidelity.
Speaker 2: I bet that's a great place to work, right So
Speaker 2: I guess just talk to friends, ask around it won
Speaker 2: that's networking right too, which is the best way to
Speaker 2: get a job. It might even be worth the sacrifice
Speaker 2: to get paid a little bit less to join a
Speaker 2: great company. I was talking to a friend the other
Speaker 2: day and he was like, yeah, man, I had this
Speaker 2: job offer, but then I got another one and I
Speaker 2: took the one that paid less because it's a great
Speaker 2: It was a great company. Two years in, I've moved up.
Speaker 2: I've climbed the ladder. I'm making more than I thought
Speaker 2: I would ever, and so I love it. I think,
Speaker 2: yeah going And it was all because that company is
Speaker 2: one that's known for a great culture and for looking
Speaker 2: after its employees. And so I think more job security,
Speaker 2: better advancement opportunities, think long term when you're thinking about
Speaker 2: the job that you want, and specifically looking towards companies
Speaker 2: that treat employees well. In fact, I actually use chat
Speaker 2: chipet mat to look it up, like, hey, where we live,
Speaker 2: what are some of the best companies? And they give
Speaker 2: me to work for and they gave me a great
Speaker 2: list of people first companies nice and I was like, man,
Speaker 2: that's it's a good use of AI.
Speaker 1: Just in case Matt fires me. I got these right,
Speaker 1: this list of exact companies, and you have that power,
Speaker 1: and I'm worried you're gonna use it. No, You're gonna
Speaker 1: fire me, and then I'm gonna go get my nursing job.
Speaker 1: Because do you see the article in the journal I
Speaker 1: was talking about, Oh yes, nursing jobs being sort of
Speaker 1: like this rocket booster to middle class essentially, and it
Speaker 1: makes a lot of sense. It's not something that AI
Speaker 1: is going to be able to completely replace you aging population.
Speaker 1: Aging population. Yeah, you look at demographic, it's recession proof
Speaker 1: as well. There's a whole lot of flexibility when it
Speaker 1: comes when it comes to nursing work right, like the poll,
Speaker 1: Like a few twelve hour shifts, then you got the
Speaker 1: rest of the week to yourself. There's a whole lot
Speaker 1: to be There's a whole lot to appreciate there. I mean,
Speaker 1: it's a hard job. It was almost not easy a yeah,
Speaker 1: and I remember there's some stories from that, but but yeah,
Speaker 1: and now I think that you can make six figures
Speaker 1: as a nurse without Yeah, they talked about trying to
Speaker 1: too hard, which is pretty incredible. And I don't mean
Speaker 1: without working hard, but I mean without like it's not
Speaker 1: it's so much easier to make six figures as a
Speaker 1: nurse now than ever before. We got more to get to, Matt,
Speaker 1: including when we talk about some companies raising prices and
Speaker 1: ridiculous charges when you're buying a vehicle. We'll talk about
Speaker 1: that and more right after this. All right, buddy, we're
Speaker 1: back from the break, and let us now get to
Speaker 1: the ludicrous headline of the week, which is from Yahoo Finance.
Speaker 1: And even the fact that, yeah, who has a finance
Speaker 1: sort of division? Or do they actually have some good
Speaker 1: Sometimes they do, but sometimes it feels a bit click baity.
Speaker 1: Sometimes it makes me to get you who the chocolate drink?
Speaker 1: You who have the bunny? Do I still make that? Waits? Yeah?
Speaker 1: That is next? Quick? Yeah? I don't know. Yeah, do
Speaker 1: they make you who? I haven't? Does you who have
Speaker 1: a mascot? I feel like it was like a flood
Speaker 1: of chocolate milk. That's what I picture when I think
Speaker 1: of you. Who wasn't Was that part of their commercial?
Speaker 1: Right back again, back in the back from the nineties,
Speaker 1: there was oval tine, which felt like the worst name
Speaker 1: for a chocolate drink. Ever, that was like a holdover
Speaker 1: from the seventies, wasn't it oval Tee? I was like,
Speaker 1: I'm not drinking yeah. Uh Now this is something that
Speaker 1: a listener sent over. Headline read should you really stop
Speaker 1: contributing to your IRA? In twenty twenty six, Here's the
Speaker 1: real truth that financial experts try to hide and coy
Speaker 1: Matt Well, First off, any headline that makes it sound
Speaker 1: like that there are people who are trying to hide
Speaker 1: the truth from you, You know, the cabal of individuals
Speaker 1: who are just be skeptical. Guess is probably a to
Speaker 1: be bogus, And this one is You're not gonna be
Speaker 1: surprised at who actually gets highlighted here because it's social
Speaker 1: media influencers, it's real estate investors. And I will say
Speaker 1: I'm not against real estate investors. The folks that we
Speaker 1: talk to on the show are very smart and that
Speaker 1: they would never call your four oh one K or
Speaker 1: your IRA scam like Grant cardone does, as he's referenced
Speaker 1: in this this article in that guy man, It's like,
Speaker 1: this is so much bravado, it's not even fun. This
Speaker 1: is bread and butter man, this is what he does.
Speaker 1: I think I'll level headed smart individuals out there that
Speaker 1: approach life the way we do can hold two things
Speaker 1: in their mind at the same time. They can walk
Speaker 1: and chew gum at the same time. They believe that
Speaker 1: real estate investing can be a great path for those
Speaker 1: who are interested and who want to put in the
Speaker 1: extra work, and also that stocks and retirement accounts are
Speaker 1: a legitimate way to build wealth as well. It's just
Speaker 1: different strokes for different folks.
Speaker 2: And what it is that you want your life looking
Speaker 2: I find it so interesting that people it's great if
Speaker 2: you go to real estate route and you build wealth
Speaker 2: directly through, whether that's like owning commercial properties, whether it's
Speaker 2: owning residential properties, whether you're single family, whether you're multi family, Like,
Speaker 2: find your niche build wealth that way, go for it.
Speaker 1: That's awesome.
Speaker 2: But then I find it so fascinating that people who
Speaker 2: do it that way want to just completely dunk on
Speaker 2: people who do it like not everybody's cut out to
Speaker 2: be a real estate investor and everybody wants that route.
Speaker 2: And as we talk about on the show regularly, it
Speaker 2: is a part time job to be a real estate investor.
Speaker 2: You know this, it's not purely passive. You were just
Speaker 2: telling me about a work date you had with your
Speaker 2: kids at one of the rental properties, right, you like
Speaker 2: child labor to get gust that thing up, which you
Speaker 2: might be in trouble now with the authorities.
Speaker 1: But that's it was a character building moments. I was
Speaker 1: trying to instill grit. Yes, and we went to one
Speaker 1: of our favorite local haunts after the fact and got
Speaker 1: a great meal and some great beers. That's actually why
Speaker 1: we were talking. Having that your kidation because we're talking
Speaker 1: about your kids love beer. Well, you and I were
Speaker 1: talking about one of the great beers that they always
Speaker 1: have on tap.
Speaker 2: Yeah, and so just real estate investing, the way the
Speaker 2: people who are myopically focused on that dunk on and
Speaker 2: hate on other ways of building it.
Speaker 1: Let's be on. So much of it is because they're
Speaker 1: trying to gain all the attention. This is written by
Speaker 1: media that is trying to get all the clicks, and
Speaker 1: that's what they're going after.
Speaker 2: We live in an attention economy, that's right. Let's talk
Speaker 2: about price hikes, Matt. They are all the rage right now.
Speaker 2: I got an email this week that Sam's Club is
Speaker 2: raising its membership prices from fifty bucks a year to
Speaker 2: sixty bucks a year for the less expensive version of
Speaker 2: their membership, which seems like not much like ten bucks
Speaker 2: a year, Joel, don't crime me a river. But it's
Speaker 2: a big jump from a percentage perspective, and so the
Speaker 2: I'm not hating on Sam's, I go there, Well, we've
Speaker 2: got a membership. Remember, because of our trip to the
Speaker 2: beach this past summer, Sam's delivery was like the easiest
Speaker 2: thing for us to engage in, and so we got
Speaker 2: a Sam's membership for that reason. It saved us a
Speaker 2: bundle that was worth it. It was worth it literally
Speaker 2: just for that. Yeah, and then do I go there? No,
Speaker 2: I don't go there.
Speaker 1: Well, wait a minute, you did the you did the
Speaker 1: tire that's true, the tire set, that's true. I did
Speaker 1: this year.
Speaker 2: It definitely has paid for itself. But I don't need
Speaker 2: tires anytime soon, Like will will I renew?
Speaker 1: I don't know.
Speaker 2: This is definitely causing me to think twice, and so
Speaker 2: I get it. I think the big discounter SAMs and
Speaker 2: Costco can save people a lot of money when you
Speaker 2: use that membership regularly. We just don't use it all
Speaker 2: that much. So this is a good reminder because I
Speaker 2: think most people also have that membership on auto renewal.
Speaker 2: They're going to delete the email, they're going to move
Speaker 2: on with their day. But every time you get a
Speaker 2: price hike notification, it's a good time to reassess the
Speaker 2: value proposition that this retailer holds in your life. Look
Speaker 2: at the data, determine whether or not the business still
Speaker 2: deserves your hard earned dollars. Again, ten dollars doesn't sound
Speaker 2: like a ton of money. It's not going to break
Speaker 2: the bank map for most people listening, but there it's
Speaker 2: not really ten dollars, it's sixty dollars, right, and then
Speaker 2: they're counting on you staying put no matter what. So
Speaker 2: this is just a good policy to at least stop
Speaker 2: for thirty seconds to a minute, maybe look at your
Speaker 2: spending history and say does this still make sense for me?
Speaker 1: That's right? Yeah, And let's be honest, we've had debates
Speaker 1: over lesser amounts of money, Joel. Netflix, they're doing the same.
Speaker 1: They're raising prices for the second time, and this year
Speaker 1: or not this year, but in twelve months. So the
Speaker 1: standard plan is now twenty dollars a month. That is
Speaker 1: a twenty four dollars annual increase. And of course folks
Speaker 1: are going to probably balk and are like, dude, we
Speaker 1: watched Netflix all the time, like it's got a ton
Speaker 1: of content. And I'm not trying to throw shade on
Speaker 1: Netflix's business model here, but may we are We're a
Speaker 1: long ways from what was it four ninety nine when
Speaker 1: they first started, when you would mail the mail the actual.
Speaker 2: Disks, that was what the good old day. Why do
Speaker 2: you hate Bridgerton, Matt, That's what the people want to know.
Speaker 1: No, if you are into that then more power to you.
Speaker 1: I haven't seen it, but the people who love it
Speaker 1: love it. Some people do. They can raise prices as
Speaker 1: often as they'd like as they continue to increase the
Speaker 1: content that they have. But you just have to ask
Speaker 1: yourself whether you're going to sit there and just take
Speaker 1: these increases or is it time to debate and just
Speaker 1: I don't know, it's not even a debate, it's just
Speaker 1: asking yourself the question, am I getting value from this?
Speaker 1: Because businesses, retailers, they are banking on the fact that
Speaker 1: that you're not price sensitive. But that is our true
Speaker 1: power in a free market economy, the ability to walk
Speaker 1: away when we're not happy with the price once it
Speaker 1: exceeds the value that we're receiving.
Speaker 2: It makes me want like, maybe it's a good exercise
Speaker 2: to say, Okay, what if Sam's Club jack the price
Speaker 2: up to one twenty? What if they jacked it up
Speaker 2: to one eighty? Like would I stick around then and
Speaker 2: maybe have like a number in mind of of the
Speaker 2: value that it provides. Because to be honest, Matt, I've
Speaker 2: thought I've done this kind of thought exercise with my
Speaker 2: costcome membership, and I'm like, they could they could actually
Speaker 2: charge me a lot more, and I would stick around
Speaker 2: because I shopped there enough. But the same is not
Speaker 2: true for SAMs Club because they don't shop there nearly
Speaker 2: as much, so the value proposition is far less.
Speaker 1: For the cost of my life, there was costco I'd
Speaker 1: have to like list out the amount of seaweed, kimshi
Speaker 1: really nice rice port I sorry, yeah, pork butts, but
Speaker 1: then also the prime brisket that we pick up on occasion,
Speaker 1: look at the comparable prices, divide that out. It's well,
Speaker 1: I guess we're paying on an annual basis, So yeah,
Speaker 1: what is the savings that I'm gaining from all of
Speaker 1: those items? Because those I feel like, oh no, pd powder,
Speaker 1: the pdfit powder. Oh yeah, we also get that there
Speaker 1: those prices there versus anywhere else. It wouldn't be too
Speaker 1: difficult of the math problem, And I agree, I think
Speaker 1: I probably would continue to if they doubled it tomorrow,
Speaker 1: I'd be like, I'm in. I probably think we would
Speaker 1: be too.
Speaker 2: Yeah, which sounds crazy, But then there are other things
Speaker 2: where you raise it by two bucks and I'm like,
Speaker 2: I'm out, Like.
Speaker 1: That, you barely had me to begin with it, right,
Speaker 1: That's the straw that broke the.
Speaker 2: Camel's back right there. And I think now is actually
Speaker 2: a good time as any to go through all your
Speaker 2: subscriptions to your recurring bills and ask yourself, do I
Speaker 2: still use this service? And I think the reason now
Speaker 2: is a good time is because it's spring spring cleaning.
Speaker 2: Let's do the financial spring cleaning thing too, while we're
Speaker 2: also cleaning out our garages and you know, taking out
Speaker 2: our putting our winter clothes up and getting our summer clothes.
Speaker 1: Out, getting all the pollen off of everything. Oh, it's awful.
Speaker 1: If it's the worst where we are right now, like peak,
Speaker 1: everything's yellow, everything's covered. You know, I will say, okay,
Speaker 1: here's a quick tip if you have patio furniture. Didn't
Speaker 1: think i'd be sharing this today, but last year I
Speaker 1: remember being so fed up with the amount of pollen
Speaker 1: in our screend and patio area which is just surrounded
Speaker 1: by trees, that I said, you know what, never again.
Speaker 1: It was just so filthy that I purchased brand new. Yes,
Speaker 1: I paid full price off of Amazon. I was not
Speaker 1: waiting for any sale, but I measured out with the
Speaker 1: dimensions needed to be to cover our eating area, screen
Speaker 1: and patio as well as the sitting area with TRPs
Speaker 1: order those have those sitting ready to go. And once
Speaker 1: I realized pollens started ticking up this is like two
Speaker 1: weeks ago covered that junk. Oh my gosh, man, it
Speaker 1: is so wonderful knowing that all I'm going to have
Speaker 1: to do is with Kate grab the corners of that thing,
Speaker 1: walk outside, probably just rinse it off, I guess. And
Speaker 1: to know that our furniture and our chairs and our
Speaker 1: table and the side tables and the coffee that it's
Speaker 1: all going to be completely protected from right down after
Speaker 1: a gross pollen. Yeah, I can't wait. It's I wonder.
Speaker 1: I kind of enjoy seeing it stack up on there
Speaker 1: because I'm just like, guess who doesn't have to mess
Speaker 1: with that? Do people in other parts of the country
Speaker 1: have no idea what the pollen it's like here, because
Speaker 1: I don't know when you look like a pollen scale,
Speaker 1: is it's up to like two hundred or something like that.
Speaker 1: And and truly where we live, the pollen count can
Speaker 1: be five thousand and so what like it breaks the
Speaker 1: scale and it's not even last you're I think the
Speaker 1: high was fourteen thousand or seventeen thousand, so it's completely insane. Yeah,
Speaker 1: that is. I'm not totally sure because we do have
Speaker 1: a lot of trees down here in Atlanta City in
Speaker 1: a forest. Is it like cicadas where other people are like, wait,
Speaker 1: what what's that sound in the background, Like, Oh, that's
Speaker 1: just what it sounds like down here. Man. Well okay, so.
Speaker 2: Yeah, cover your furniture if you live in a pollen
Speaker 2: prone area, but also renegotiate those bills or cut bills
Speaker 2: that don't make sense in your life.
Speaker 1: So I was just thinking, like spring cleaning, that was
Speaker 1: the topic. Clean sprinkleaning your finance.
Speaker 2: Yeah, if you're if you're internet bill used to be
Speaker 2: fifty but it crept up to seventy or eighty or
Speaker 2: something like that. Well, yeah, I know it's not fun
Speaker 2: to negotiate to try to claw back that money, but
Speaker 2: it's worth the time, right, And I like again used
Speaker 2: Ai typed in a prompt Matt, and it gave me like, hey,
Speaker 2: put this into the chat and you have a really
Speaker 2: good chance of getting your bill lowered back to what
Speaker 2: it was, getting some sort of like a twelve or
Speaker 2: twenty four month deal on the price of your internet.
Speaker 2: And so it's it's not that hard to do. I
Speaker 2: think there's just like a mental block and people are like, well,
Speaker 2: I guess it's eighty bucks now, But it doesn't have
Speaker 2: to be. And so think about what spring cleaning financial
Speaker 2: tasks you can do. Look at your credit card statement,
Speaker 2: what are we spending money on? Does that still add value?
Speaker 2: Can we get that for a less for a cheaper price?
Speaker 2: And I think that's that's just a worthwhile endeavor. I
Speaker 2: would love to hear. By the way, if you're if
Speaker 2: you are like full board doing some spring cleaning financial tasks,
Speaker 2: how much money.
Speaker 1: Did you say? What are some of the biggest wins?
Speaker 2: Let us know what are some of the biggest wins
Speaker 2: and we can share them with share them with the
Speaker 2: rest of the how to Money audience.
Speaker 1: And renegotiating some of these subs is the perfect activity
Speaker 1: to do during your staycation. Yeah, see, you've got a
Speaker 1: spring break coming up. Speaking of higher prices, Jill, also
Speaker 1: mailing packages, it's about to get more expensive because USPS
Speaker 1: they're raising prices by eight percent on mini packages later
Speaker 1: this month because of the impact of oil prices. So
Speaker 1: if you do ship a lot of things via the
Speaker 1: US Postal Service, heads up, I mean it makes sense too.
Speaker 1: It's not like their business model is all that great.
Speaker 1: And I'm actually, I'm told I'm fine with it. Like
Speaker 1: the folks who are using it more charge them. I
Speaker 1: would rather see that than see the price of stamps
Speaker 1: increase where it's something that everyone's getting hit with. And
Speaker 1: I'm also totally fine with smaller increases and receiving like
Speaker 1: lesser services essentially, you know, like you go into the
Speaker 1: post office and you're just thinking, man, this place is
Speaker 1: rough most of the times of the most of the time.
Speaker 1: But I'm and I'm kind of okay with that. I'm
Speaker 1: kind of okay with us with there being a service
Speaker 1: that isn't like so luxury and so nice. It kind
Speaker 1: of feels, I don't know, that's kind of how I
Speaker 1: want things to run. It's not fancy, but they get
Speaker 1: the job done. But for the most part, just talk
Speaker 1: about cars, because if you purchased a new car recently,
Speaker 1: I'm sure you were taken back at the cost, because
Speaker 1: the average new car now costs more than fifty thousand dollars,
Speaker 1: which is insane. But it's not just higher prices, man,
Speaker 1: it's the higher fees that are a problem as well.
Speaker 1: And we're talking about the old destination charge that caused
Speaker 1: buyers to shell out more than twenty six billion dollars
Speaker 1: last year alone. This so it's a charge that so
Speaker 1: on average, the destination charge it's sixteen hundred dollars, which
Speaker 1: is a ton of money, but again kind of makes
Speaker 1: sense considering that the average new car costs, you know,
Speaker 1: more than fifty k. But it's meant so this destination
Speaker 1: charge is meant to cover the cost of shipping the vehicles,
Speaker 1: which has of course gone up. But it's also easier
Speaker 1: for car makers to increase this line item, right, like
Speaker 1: this price, rather than to increase the sticker price of
Speaker 1: the vehicles, kind.
Speaker 2: Of like the airline's charging more for bags but not
Speaker 2: ramping up the price on airfare exactly.
Speaker 1: So they're a consumer, they quoted in that article, companies
Speaker 1: are sticking a number in there that they think you'll
Speaker 1: look past. You can't typically negotiate this fee down, but
Speaker 1: you can negotiat around it by getting a better out
Speaker 1: the door price essentially. So it's also another great reason
Speaker 1: just to avoid buying new cars altogether because of all
Speaker 1: these fees and I don't know, man, Yeah, at the
Speaker 1: top of the list is the depreciation hit, but then
Speaker 1: you start adding all these fees along with it, and
Speaker 1: it just my disdain for buying new cars is adding
Speaker 1: all time.
Speaker 2: It remains, it remains, it remains. It's more entrench than ever. Yeah,
Speaker 2: and use cars where it's at always will be. Carmacks
Speaker 2: reports Matt that, speaking of use cars, that EV and
Speaker 2: hybrid searches have lurched upwards because of rapidly rising gas price.
Speaker 2: I think anybody in their EV is just like looking
Speaker 2: at us, every gas car driver, like we're idiots, like
Speaker 2: we're suckers, and they're so not around us because of
Speaker 2: the fact that the Georgia state tax, what's it called,
Speaker 2: the state gas tax was repealed for sixty days, right, Yeah,
Speaker 2: so we're paying some of the lowest gas prices in
Speaker 2: the country.
Speaker 1: Thirty three cents cheaper here in Georgia. Yeah. The water's fine. Yeah,
Speaker 1: if you want to, if you can handle the pollen, guys,
Speaker 1: come on, the water's just fine. Come on down, move
Speaker 1: on down. Check out the ATL we hah good beer
Speaker 1: like fun podcast. So just and if you don't, even
Speaker 1: if you don't like the ATL you got the burbs,
Speaker 1: that's where we are. Yeah, if you don't if you
Speaker 1: don't like the burbs, we've got water too. You can
Speaker 1: head down to Savannah. Yes, we've got Georgia beaches down there. True.
Speaker 1: I find it's awesome. Man. Yeah, it's uh where it's
Speaker 1: at underrated. Also, great job right here. Yeah.
Speaker 2: Well, so obviously, low gas prices over the past few
Speaker 2: years have made EV adoption progress slow dramatically, same with
Speaker 2: the repeal of the federal tax credits. But when gas
Speaker 2: prices arise like thirty five percent in a month, yeah,
Speaker 2: that creates the shock to the system and a lot
Speaker 2: of people start entertaining the idea of an EV when
Speaker 2: otherwise they were like not interested. So we we obviously
Speaker 2: don't know how long gas prices are going to remain elevated,
Speaker 2: or how much higher they could go. Still, you know,
Speaker 2: we just talked about the high cost of buying a
Speaker 2: new car, the fees involved. Run the numbers about how
Speaker 2: much you could save based on your driving habits. If
Speaker 2: it's significant, I'd say consider an older, cheaper EV with
Speaker 2: a more limited range, if that works for you. Matt
Speaker 2: I gave the suggestion a few weeks back of those
Speaker 2: old school Nissan leaps. I still see him driving around
Speaker 2: and I'm like kind of miss my right. I don't
Speaker 2: drive very much. I drive so little that gas prices
Speaker 2: don't really impact me very much.
Speaker 1: I walk everywhere. This is ridiculous, but we're living the life.
Speaker 2: If you are a person. Man, I know somebody I
Speaker 2: was talking abot Budd yesterday. He was like stuck in
Speaker 2: Atlanta traffic for like two and a half hours total, get.
Speaker 1: Into work, and oh my gosh. And and I think, like, man,
Speaker 1: just an ev, nice quiet EV.
Speaker 2: That saves you a lot of money if that's your normal, regular,
Speaker 2: every day life, and that that lower range means nobody
Speaker 2: really wants those cars anyway.
Speaker 1: So's the super cheap. So the deals are especially if
Speaker 1: you can like charge it home, charge at work and
Speaker 1: then come home. I'm like, yeah, that's that's the way
Speaker 1: to go. Well, and so I've looked into this because you, yeah,
Speaker 1: you did mention this a few weeks back. It's saves
Speaker 1: so much money, dude, And I thought, oh my gosh.
Speaker 1: And so it's specifically so twenty seventeen is the last
Speaker 1: year that they made the old model. So that's the
Speaker 1: model of relief. Yeah, so that's that's the one that
Speaker 1: looks like yours. It's a little more like hashback ye ye. Looking.
Speaker 1: It's also the last year that they had the first
Speaker 1: gen battery. So if you have a twenty seventeen or older,
Speaker 1: like you can get those for crazy cheap like two
Speaker 1: three grand. Yes, a lot of them still have amount
Speaker 1: of a good amount of what do you call it
Speaker 1: mileage or distance on the battery range. That being said,
Speaker 1: if you you're taking a bit of a gamble, yeah,
Speaker 1: you are, especially in the winter, especially if you're doing
Speaker 1: higher speed driving, but even in the next year. Twenty
Speaker 1: eighteen is when they've changed, when they changed the body style,
Speaker 1: and it's a second gen battery that is much much better.
Speaker 1: So basically you get a twenty eighteen or newer and
Speaker 1: essentially you're gonna be able have that car for I
Speaker 1: mean that battery is gonna last the life of the
Speaker 1: car for how much more to the twenty eight it's
Speaker 1: about double, So you're looking at around like eight thousand
Speaker 1: dollars still, which is crazy affordable for something that's gonna
Speaker 1: cost you virtually nothing to run an energy costs. Yeah,
Speaker 1: So if you're the kind of pert and I think
Speaker 1: most people overestimate how much money they spend in gas
Speaker 1: every month or again. We've talked about this, just the
Speaker 1: emotional reality of seeing the price of the pump and
Speaker 1: being like, ah, this cost me seventy dollars when it
Speaker 1: used to cost me forty five, and that is that
Speaker 1: is frustrating. But how often are you filling up? Like,
Speaker 1: actually look at the numbers and then say, well, just
Speaker 1: buying a three thousand dollars car or an eight thousand
Speaker 1: dollars car make a lot of sense because guess what,
Speaker 1: I'm gonna save that in gas in like a year
Speaker 1: and a half. Like if that's you, then man, I'd
Speaker 1: be jumping on that.
Speaker 2: It could be worth Don't don't make don't make it
Speaker 2: out to be like I got to get the ribbon
Speaker 2: R one team tomorrow and pay ninety five grand.
Speaker 1: It's for the gas, is exactly Yeah, just rolling around exactly. No,
Speaker 1: I've set my sights on, you know, and I've set
Speaker 1: my sights on all the coffee stuff. It's that a spread,
Speaker 1: make it that? Yeah, the espresso maker is is uh,
Speaker 1: the espresso machine is my Rivian equivalent. Well it looks
Speaker 1: good too, We'll see, we'll see. All right, that's gonna
Speaker 1: be it for this Friday flight. You can find the
Speaker 1: shows up on the website and howso money dot com.
Speaker 1: You know, leave us a review if you haven't left
Speaker 1: us a solid one. Over at Apple Podcasts wherever it
Speaker 1: is that you happen to listen, you know what you
Speaker 1: can do. You can leave us feedback and we'll go
Speaker 1: looking for what it is that you said. You can
Speaker 1: think of it almost as like a not so private
Speaker 1: way for us to communicate with each other. It's like
Speaker 1: it's like sending notes, I don't know, like a pin
Speaker 1: pall or something via. I'm just trying to get people
Speaker 1: to leave nice reviews for us. But that's gonna be
Speaker 1: it for today though, buddy. So until next time, Best
Speaker 1: friends Out, Best Friends Out.