1 00:00:00,040 --> 00:00:02,720 Speaker 1: Welcome to had the Money. I'm Joel, I'm Matt, and 2 00:00:02,759 --> 00:00:28,080 Speaker 1: today we're talking AI tax help, lawless libraries, and mortgaged forevermore. Yeah, 3 00:00:28,080 --> 00:00:30,960 Speaker 1: everlasting mortgages. That's what this makes it. Forevermore. Makes me 4 00:00:31,000 --> 00:00:34,120 Speaker 1: think of everlasting? Was it Gobstoppers? Oh? Yeah? Did you 5 00:00:34,120 --> 00:00:36,440 Speaker 1: ever eat that candy? I like those candies and Willy 6 00:00:36,479 --> 00:00:39,160 Speaker 1: Wonka still remains the original one one of my favorite movies. 7 00:00:39,400 --> 00:00:42,519 Speaker 1: I consistently would put it in my mouth, enjoy it 8 00:00:42,560 --> 00:00:44,279 Speaker 1: for like ten seconds, and then bite down on it 9 00:00:44,440 --> 00:00:48,360 Speaker 1: and like crack mikero. You know, yeah, completely rock my jaw. 10 00:00:48,520 --> 00:00:50,560 Speaker 1: Have to go to dnist suckily. I never did crack 11 00:00:50,600 --> 00:00:52,720 Speaker 1: any teeth. But this is our Friday flight and we're 12 00:00:52,760 --> 00:00:55,800 Speaker 1: going to cover some of the most pertinent headlines that 13 00:00:55,840 --> 00:00:57,600 Speaker 1: we came across this week, the ones that we think 14 00:00:57,600 --> 00:01:00,680 Speaker 1: that you should be paying attention to. And I don't 15 00:01:00,680 --> 00:01:03,040 Speaker 1: want to give away the Punchlineel, but you've got something 16 00:01:03,080 --> 00:01:06,280 Speaker 1: in the mail. Yes recently, Yes, I did. So. This 17 00:01:06,400 --> 00:01:08,120 Speaker 1: actually ties back to a story we talked about on 18 00:01:08,120 --> 00:01:09,800 Speaker 1: the Friday flight. I don't know a month ago, is 19 00:01:09,840 --> 00:01:12,240 Speaker 1: it a month ago? And things are getting worse in 20 00:01:12,720 --> 00:01:15,880 Speaker 1: the realm of getting a passport. Passport, Yes, so we're talking. 21 00:01:15,920 --> 00:01:18,040 Speaker 1: We've talked multiple times about this. How actually now you 22 00:01:18,080 --> 00:01:20,960 Speaker 1: can file from renewal online to get a passport, which 23 00:01:21,000 --> 00:01:23,440 Speaker 1: makes it so much easier. It sucks up less of 24 00:01:23,440 --> 00:01:26,880 Speaker 1: your time. But wait times are getting longer and longer 25 00:01:26,880 --> 00:01:29,400 Speaker 1: and longer to get your passport. I actually sit in 26 00:01:29,440 --> 00:01:32,440 Speaker 1: mind in January before those wait times increased, but I 27 00:01:32,520 --> 00:01:36,199 Speaker 1: still experienced much longer than average wait times. And so 28 00:01:36,400 --> 00:01:37,840 Speaker 1: as in you weren't sure if you're going to get 29 00:01:37,840 --> 00:01:40,720 Speaker 1: your passport right time for us to travel because even 30 00:01:40,800 --> 00:01:43,480 Speaker 1: just month still last week on the site, when you 31 00:01:43,560 --> 00:01:46,720 Speaker 1: logged in to get your status, it's still showed nope received, 32 00:01:47,480 --> 00:01:49,600 Speaker 1: And I was like, wait, it's been like ten weeks 33 00:01:49,600 --> 00:01:51,880 Speaker 1: and it still shows it doesn't even say being processed. 34 00:01:52,000 --> 00:01:54,240 Speaker 1: So I was worried. I reached out too, and this 35 00:01:54,280 --> 00:01:56,120 Speaker 1: is something I want to let everyone know that you 36 00:01:56,120 --> 00:01:58,560 Speaker 1: can do if you're having issues with your passport. My 37 00:01:58,920 --> 00:02:03,040 Speaker 1: local congress person and they have literally people on staff 38 00:02:03,080 --> 00:02:04,800 Speaker 1: who can help check in on the status and reach 39 00:02:04,800 --> 00:02:07,800 Speaker 1: out to the state department on your behalf. So if 40 00:02:07,920 --> 00:02:11,040 Speaker 1: you have submitted for a passport, even if let's say 41 00:02:11,040 --> 00:02:13,160 Speaker 1: you didn't do it in enough time. I did. I 42 00:02:13,280 --> 00:02:15,440 Speaker 1: left plenty of time, there was still just nothing being 43 00:02:15,440 --> 00:02:17,240 Speaker 1: done on that front. So I reached out proactively just 44 00:02:17,280 --> 00:02:19,720 Speaker 1: to kind of get the ball rolling. It's a worth 45 00:02:20,280 --> 00:02:22,919 Speaker 1: filling out. They even have sometimes on their site literally 46 00:02:22,919 --> 00:02:24,680 Speaker 1: a form you fill out, you submit to them, because 47 00:02:24,720 --> 00:02:28,760 Speaker 1: they know that folks are looking to their local legislator, 48 00:02:28,840 --> 00:02:31,160 Speaker 1: their local representative to build a handle out. It's one 49 00:02:31,160 --> 00:02:34,080 Speaker 1: of their main constituent services that they provide, one of 50 00:02:34,080 --> 00:02:36,080 Speaker 1: the few. Well you can you can go on tours 51 00:02:36,120 --> 00:02:38,880 Speaker 1: and stuff of you know, their office and right, well, 52 00:02:38,960 --> 00:02:40,919 Speaker 1: if you're interested in that kind of thing. Not my thing, 53 00:02:41,360 --> 00:02:43,119 Speaker 1: although on my go there just to give a hearty 54 00:02:43,160 --> 00:02:45,320 Speaker 1: handshake and thank you. But yeah, so that was really 55 00:02:45,360 --> 00:02:47,919 Speaker 1: really nice. They got the ball rolling, and I've got 56 00:02:47,919 --> 00:02:49,480 Speaker 1: it in plenty of time because we still don't leave 57 00:02:49,480 --> 00:02:50,760 Speaker 1: for a few more weeks. Yeah, but it's one of 58 00:02:50,760 --> 00:02:52,200 Speaker 1: those things, man, it's just like that, you get that 59 00:02:52,240 --> 00:02:54,919 Speaker 1: little cloud hanging over your head pigpen style, and you're 60 00:02:55,000 --> 00:02:56,400 Speaker 1: just kind of like freaking out. Am I going to 61 00:02:56,440 --> 00:02:59,240 Speaker 1: get it? Because it's that's an important thing. You can't 62 00:02:59,320 --> 00:03:01,239 Speaker 1: leave the country. You waste those plane tickets if you 63 00:03:01,240 --> 00:03:03,360 Speaker 1: don't get it in time. Just another word to the wise. 64 00:03:03,400 --> 00:03:05,240 Speaker 1: If you're like I think I might want to internationally 65 00:03:05,240 --> 00:03:07,520 Speaker 1: travel at some point in the future, check your passports, 66 00:03:07,520 --> 00:03:10,160 Speaker 1: see if it's expired. If it's expiring anytime in the 67 00:03:10,160 --> 00:03:12,880 Speaker 1: near future, get the ball rolling. Give yourself I don't know, 68 00:03:13,120 --> 00:03:16,519 Speaker 1: three months, probably months worth of time. And it makes 69 00:03:16,520 --> 00:03:19,560 Speaker 1: sense because folks are not spending money anymore on consumer goods, 70 00:03:19,560 --> 00:03:22,320 Speaker 1: so they're spending them on services, and the demand for 71 00:03:22,360 --> 00:03:25,839 Speaker 1: travel has increased significantly this year, and that is also 72 00:03:25,960 --> 00:03:28,360 Speaker 1: leading to folks needing to renew their passports. So, by 73 00:03:28,400 --> 00:03:32,320 Speaker 1: the way, if you don't know who your local representative is, 74 00:03:32,960 --> 00:03:35,560 Speaker 1: like I didn't once we moved because we've only lived 75 00:03:35,560 --> 00:03:37,680 Speaker 1: here for that I had to look it up too, 76 00:03:38,240 --> 00:03:41,000 Speaker 1: for not all that long. But the government actually has 77 00:03:41,000 --> 00:03:44,200 Speaker 1: a really like a surprisingly easy to use good website 78 00:03:44,240 --> 00:03:45,760 Speaker 1: where you just punch in your area code and they're 79 00:03:45,800 --> 00:03:48,080 Speaker 1: like here he is, here she is, and here's their 80 00:03:48,120 --> 00:03:50,080 Speaker 1: website so we can we'll make sure to link to 81 00:03:50,120 --> 00:03:52,000 Speaker 1: that in the show notes. But yeah, Joe, this is 82 00:03:52,000 --> 00:03:55,160 Speaker 1: our Friday flight, and let's go ahead and tackle those headlines. 83 00:03:55,360 --> 00:03:56,920 Speaker 1: And I feel like every other headline that we come 84 00:03:56,920 --> 00:04:01,640 Speaker 1: across is pertaining to AI. Oh gosh, Artificial intelligence AI overkill, right, 85 00:04:02,080 --> 00:04:06,160 Speaker 1: it might be coming to help with your taxes as well, TurboTax. 86 00:04:06,360 --> 00:04:09,680 Speaker 1: They are saying that they have implemented AI to help 87 00:04:09,720 --> 00:04:13,280 Speaker 1: a small segment of folks to fill out their taxes faster. 88 00:04:14,520 --> 00:04:16,400 Speaker 1: It's only available to, you know, for folks with the 89 00:04:16,440 --> 00:04:19,920 Speaker 1: most basic overturns that take very little time to complete anyway, 90 00:04:20,000 --> 00:04:23,159 Speaker 1: So I'm actually not sure if this is just marketing hype, 91 00:04:23,200 --> 00:04:25,719 Speaker 1: which I think it is, but you know, I feel 92 00:04:25,760 --> 00:04:28,599 Speaker 1: like AI is going to intersect with how we handle 93 00:04:28,600 --> 00:04:30,960 Speaker 1: our money more and more in the future. This sort 94 00:04:31,000 --> 00:04:33,800 Speaker 1: of seems like low hanging fruit. We're essentially they're quote 95 00:04:33,880 --> 00:04:38,080 Speaker 1: unquote using this AI basically as a glorified chatbot, so 96 00:04:38,160 --> 00:04:41,400 Speaker 1: it kind of seems unnecessary. It seems like it's causing 97 00:04:41,560 --> 00:04:44,240 Speaker 1: waves all over the place though in all the different areas, 98 00:04:44,680 --> 00:04:48,359 Speaker 1: including getting information wrong. There's like a is it a 99 00:04:48,400 --> 00:04:53,360 Speaker 1: mayor down in Australia, the chat GBT or whichever model 100 00:04:53,400 --> 00:04:56,000 Speaker 1: it was said that he was involved in a scandal, 101 00:04:56,279 --> 00:04:58,039 Speaker 1: when in fact he was like the whistleblower, He's the 102 00:04:58,040 --> 00:05:00,840 Speaker 1: one that actually called it out, as opposed to being 103 00:05:00,880 --> 00:05:03,080 Speaker 1: someone who's implicated. Yeah, so we're going to find out 104 00:05:03,080 --> 00:05:06,039 Speaker 1: whether or not you can sue artificial intelligence for defamation 105 00:05:06,120 --> 00:05:08,839 Speaker 1: pretty soon. But it is I mean, it is interesting 106 00:05:08,880 --> 00:05:13,320 Speaker 1: to see just how invasive AI is becoming, and there 107 00:05:13,320 --> 00:05:15,000 Speaker 1: are a lot of people that are really worried about that. 108 00:05:15,040 --> 00:05:16,880 Speaker 1: And then, you know, we talked about not too long ago, 109 00:05:16,920 --> 00:05:18,760 Speaker 1: just the fact that AI gets things wrong, just like 110 00:05:18,760 --> 00:05:21,560 Speaker 1: it did with this Australian mayor. And how if you 111 00:05:21,640 --> 00:05:24,920 Speaker 1: ask AI a question, Chat, ask Chat, GPT a question, 112 00:05:25,279 --> 00:05:28,719 Speaker 1: it's like pretty amazing on a lot of fronts. Sadly, 113 00:05:28,760 --> 00:05:30,839 Speaker 1: it's not up to date on the newest and latest 114 00:05:30,880 --> 00:05:33,400 Speaker 1: for everything, and so you have to be carefully. You 115 00:05:33,400 --> 00:05:34,760 Speaker 1: have to take it with a creative advice. If you're 116 00:05:34,800 --> 00:05:37,119 Speaker 1: going to it with a money question, it might spitch 117 00:05:37,160 --> 00:05:39,440 Speaker 1: you out something awesome, but it might give you inaccurate 118 00:05:39,480 --> 00:05:42,480 Speaker 1: information too, So be careful when you're using AI. Still, 119 00:05:42,880 --> 00:05:45,000 Speaker 1: but yeah, I'm curious to see what it holds our future. 120 00:05:45,000 --> 00:05:46,200 Speaker 1: I'm sure you and I will be talking about it 121 00:05:46,200 --> 00:05:48,320 Speaker 1: more and more on the show. But on the subject 122 00:05:48,320 --> 00:05:50,359 Speaker 1: of taxes, Matt, since you were just talking about that, 123 00:05:50,600 --> 00:05:53,240 Speaker 1: the Wall Street Journal highlighted a little known way to 124 00:05:53,400 --> 00:05:56,839 Speaker 1: lower your tax liability, which I thought was important to 125 00:05:56,839 --> 00:05:59,120 Speaker 1: mention here. It's not something we've really talked much about 126 00:05:59,160 --> 00:06:01,440 Speaker 1: on the show. I'm not sure if most people know 127 00:06:01,440 --> 00:06:04,960 Speaker 1: that there's a zero percent capital gains tax on investment 128 00:06:04,960 --> 00:06:07,919 Speaker 1: income up to a specific earning threshold. That rate is 129 00:06:07,920 --> 00:06:11,520 Speaker 1: available basically to individuals who make less than forty four thousand, 130 00:06:11,560 --> 00:06:14,320 Speaker 1: six hundred twenty five dollars a year and joint filers 131 00:06:14,360 --> 00:06:17,160 Speaker 1: who make eighty nine two hundred and fifty dollars in 132 00:06:17,640 --> 00:06:21,320 Speaker 1: twenty twenty three. Specifically, and basically, if you sell investments 133 00:06:21,320 --> 00:06:24,440 Speaker 1: that have risen in value but your agi stays underneath 134 00:06:24,440 --> 00:06:26,760 Speaker 1: the threshold, you don't owe any tax on the gain, 135 00:06:26,920 --> 00:06:29,280 Speaker 1: and so if you make more than that, you suddenly 136 00:06:29,360 --> 00:06:31,960 Speaker 1: enter into the fifteen percent capital gains tax bracket. If 137 00:06:32,000 --> 00:06:34,520 Speaker 1: you're a super high income earner, you could owe even 138 00:06:34,640 --> 00:06:37,479 Speaker 1: more like twenty percent. But low earning years can be 139 00:06:37,520 --> 00:06:39,640 Speaker 1: a great time for things like roth conversions or to 140 00:06:39,680 --> 00:06:44,320 Speaker 1: sell certain assets in taxable accounts to minimize taxation. It's 141 00:06:44,320 --> 00:06:47,320 Speaker 1: just it's worth pointing out since tax Day is basically 142 00:06:47,360 --> 00:06:49,680 Speaker 1: beginning of next week, there are all sorts of creative 143 00:06:49,720 --> 00:06:52,159 Speaker 1: ways to lower your tax bill, and this is just 144 00:06:52,240 --> 00:06:54,600 Speaker 1: kind of one other tool you can add into your arsenal. 145 00:06:54,680 --> 00:06:56,920 Speaker 1: That's right. Yeah, all hope is not lost if you 146 00:06:56,920 --> 00:07:00,640 Speaker 1: have realized some gains from your investments'll talk about the 147 00:07:00,680 --> 00:07:04,040 Speaker 1: local library because we've all gotten more and more used 148 00:07:04,040 --> 00:07:08,360 Speaker 1: to using digital media. It's particularly true of how does 149 00:07:08,440 --> 00:07:11,280 Speaker 1: that we interact with the library. Our family goes in person, 150 00:07:11,760 --> 00:07:14,600 Speaker 1: largely for the kids. They like checking out their books 151 00:07:14,600 --> 00:07:16,760 Speaker 1: and setting it your kids. Us like the digital scanner. 152 00:07:16,760 --> 00:07:18,760 Speaker 1: Oh yeah, I don't know how it works. Like literally 153 00:07:18,880 --> 00:07:20,880 Speaker 1: you said it under there and somehow it knows what 154 00:07:21,120 --> 00:07:22,800 Speaker 1: book it is. Well, you can stick a whole stack 155 00:07:22,840 --> 00:07:25,000 Speaker 1: of books at one time and it'll register all of them. Yes, 156 00:07:25,280 --> 00:07:26,920 Speaker 1: it impressed. It blows my mind. Well, I will say 157 00:07:26,960 --> 00:07:29,400 Speaker 1: going in person into the library is great for a 158 00:07:29,400 --> 00:07:32,880 Speaker 1: few reasons. There's even great like educational games, but just 159 00:07:32,920 --> 00:07:35,120 Speaker 1: walking around seeing all the books, and it's just a 160 00:07:35,240 --> 00:07:38,320 Speaker 1: nice environment to be into, fun experience. It's a it's 161 00:07:38,360 --> 00:07:41,760 Speaker 1: an outing as opposed. Yeah, especially a rainy weekend afternoon, 162 00:07:41,880 --> 00:07:44,240 Speaker 1: like that's the place to go. Yeah, but I know 163 00:07:44,440 --> 00:07:46,480 Speaker 1: like you mean both, Like we are reading more e books, 164 00:07:46,480 --> 00:07:49,600 Speaker 1: we're listening to audio books, specifically via the Libby app. 165 00:07:49,680 --> 00:07:52,320 Speaker 1: Almost exclusively. I use the Hoopla app as well, because 166 00:07:52,360 --> 00:07:54,600 Speaker 1: sometimes there's some titles that aren't on Libby that I 167 00:07:54,640 --> 00:07:57,800 Speaker 1: find on Hoopla. But a new court ruling, if it's 168 00:07:57,840 --> 00:08:00,760 Speaker 1: not actually overturned via appeals, going to make it more 169 00:08:00,800 --> 00:08:04,560 Speaker 1: difficult and more expensive for libraries to be able to 170 00:08:04,600 --> 00:08:08,400 Speaker 1: disseminate their digital media, their ebooks, their audio books. Basically, 171 00:08:08,440 --> 00:08:12,360 Speaker 1: libraries wanted the ability to digitize physical books that they 172 00:08:12,360 --> 00:08:16,200 Speaker 1: currently have in printed form instead of buying more expensive, 173 00:08:16,400 --> 00:08:19,080 Speaker 1: newer digital editions that they actually don't even buy, that 174 00:08:19,120 --> 00:08:22,440 Speaker 1: they're technically renting for in a lot of time. Yeah, 175 00:08:22,480 --> 00:08:24,600 Speaker 1: which sucks. Yeah, it's not even least to own, it's like, 176 00:08:26,080 --> 00:08:28,560 Speaker 1: and so the court said that this would harm publishers 177 00:08:28,880 --> 00:08:32,199 Speaker 1: and they put the kaibosh on this tactics, and specifically, 178 00:08:32,720 --> 00:08:34,800 Speaker 1: which seems crappy about it, is the fact that it 179 00:08:34,880 --> 00:08:38,360 Speaker 1: was they sued is it the Internet Archive because they 180 00:08:38,360 --> 00:08:42,640 Speaker 1: were essentially renting out multiple copies of the one printed 181 00:08:42,640 --> 00:08:44,439 Speaker 1: form that they had, and so for a while there 182 00:08:44,440 --> 00:08:47,640 Speaker 1: it seemed like they were operating under this little known 183 00:08:47,720 --> 00:08:49,240 Speaker 1: rule where it's just like, okay, yeah, you have it 184 00:08:49,320 --> 00:08:53,520 Speaker 1: one digitized digitized copy of the physical copy that you have, 185 00:08:53,960 --> 00:08:56,040 Speaker 1: maybe we'll let that slide. But then they started loaning 186 00:08:56,080 --> 00:09:00,600 Speaker 1: out multiple copies, and that's basically where lawless libraries will 187 00:09:00,640 --> 00:09:03,840 Speaker 1: no longer be able to operate. Yeah, I mean, you 188 00:09:03,920 --> 00:09:06,480 Speaker 1: gotta have rules. It's not the wild West. Even libraries 189 00:09:06,520 --> 00:09:09,240 Speaker 1: can't get into whatever they want. But I'm not a 190 00:09:09,320 --> 00:09:12,360 Speaker 1: lawyer or anything like like that. You aren't. You aren't either, 191 00:09:12,760 --> 00:09:15,360 Speaker 1: and so I don't really know necessarily the finer points 192 00:09:15,360 --> 00:09:18,240 Speaker 1: of this case. But I mean somebody who's kind of 193 00:09:18,280 --> 00:09:23,040 Speaker 1: a library lover, library advocate, and guys, we just really 194 00:09:23,040 --> 00:09:25,200 Speaker 1: like the role that libraries play in our communities, right, 195 00:09:25,240 --> 00:09:27,760 Speaker 1: So it sucks. It sucks to see this because the 196 00:09:27,800 --> 00:09:32,640 Speaker 1: prices are mounting for libraries, largely because the digital rights 197 00:09:32,679 --> 00:09:34,720 Speaker 1: to many of these titles are just a lot more expensive. 198 00:09:34,720 --> 00:09:36,960 Speaker 1: And like you said, you're leasing, you're not owning if 199 00:09:36,960 --> 00:09:39,480 Speaker 1: you're a library. And so even as most library systems 200 00:09:39,480 --> 00:09:42,520 Speaker 1: have been spending more and more on ebooks and audiobooks, 201 00:09:42,559 --> 00:09:44,400 Speaker 1: they just can't keep up with the band. That's why 202 00:09:44,600 --> 00:09:47,560 Speaker 1: the wait for the newest David David Sedaris book that 203 00:09:47,559 --> 00:09:49,520 Speaker 1: I finally just got in my hands, it was like 204 00:09:49,559 --> 00:09:51,560 Speaker 1: eighteen weeks, right, I mean, it just takes a long time, 205 00:09:51,800 --> 00:09:54,920 Speaker 1: so it's frustrating from that standpoint, but it also is 206 00:09:55,040 --> 00:09:56,880 Speaker 1: kind of part of the deal. If you want to 207 00:09:57,080 --> 00:09:59,880 Speaker 1: save money, you gotta wait for that stuff oftentimes. But 208 00:10:00,040 --> 00:10:02,200 Speaker 1: this ruling really only ensures that library budgets are going 209 00:10:02,200 --> 00:10:04,120 Speaker 1: to continue to be constrained, and then they won't be 210 00:10:04,160 --> 00:10:06,880 Speaker 1: able to provide enough digital resources for their patrons. So 211 00:10:06,920 --> 00:10:08,600 Speaker 1: I hate to see that. By the way, on the 212 00:10:08,600 --> 00:10:11,520 Speaker 1: library front, the overdrive app is shutting down on May first, Matt, 213 00:10:11,559 --> 00:10:13,920 Speaker 1: you mentioned Hoopla. We've talked about Libby. Those are two 214 00:10:13,920 --> 00:10:15,959 Speaker 1: of our favorite library apps. But if you are an 215 00:10:15,960 --> 00:10:18,560 Speaker 1: overdrive user, it's going to be shut down pretty soon, 216 00:10:18,600 --> 00:10:20,480 Speaker 1: and so just switch up to Libby, make sure you 217 00:10:20,520 --> 00:10:22,400 Speaker 1: download that stick in your Even though a long drive 218 00:10:22,520 --> 00:10:26,280 Speaker 1: was still available, yeah out there, but evidently, yeah, overdrive 219 00:10:26,400 --> 00:10:28,679 Speaker 1: was like the granddaddy. Yeah. I think a lot of 220 00:10:28,720 --> 00:10:30,920 Speaker 1: people have just never moved over And so if you're 221 00:10:30,920 --> 00:10:33,520 Speaker 1: still using overdrive, like, well, you won't be able too soon. Yeah. Well, 222 00:10:33,559 --> 00:10:35,400 Speaker 1: by the way, one other random to a bit of 223 00:10:35,559 --> 00:10:39,280 Speaker 1: library information, But you can pay to join other library 224 00:10:39,360 --> 00:10:42,680 Speaker 1: systems even if you don't actually live there. The Times 225 00:10:42,760 --> 00:10:44,960 Speaker 1: kind of talked about some of the additional benefits that 226 00:10:45,000 --> 00:10:47,160 Speaker 1: come with joining your local library, but you can also 227 00:10:47,440 --> 00:10:51,240 Speaker 1: join non local libraries as well, like the Houston and 228 00:10:51,280 --> 00:10:54,160 Speaker 1: the Queen's Public Libraries. They let you pay forty dollars 229 00:10:54,240 --> 00:10:56,920 Speaker 1: fifty bucks respectively. So I'm not sure if they've got 230 00:10:56,960 --> 00:10:59,120 Speaker 1: more digital content available, but if they do, it actually 231 00:10:59,200 --> 00:11:02,439 Speaker 1: might be worth the aditional cost. But at the same time, this, 232 00:11:02,640 --> 00:11:04,040 Speaker 1: I mean, it's kind of a slippery slope when it 233 00:11:04,080 --> 00:11:06,800 Speaker 1: comes to finding content because it's not solving the problem 234 00:11:06,880 --> 00:11:10,000 Speaker 1: with your local library because if that dries up, and 235 00:11:10,320 --> 00:11:12,240 Speaker 1: like you said, the ability to go there in person, 236 00:11:12,280 --> 00:11:15,640 Speaker 1: it doesn't necessarily solve that problem. And all of a 237 00:11:15,640 --> 00:11:17,679 Speaker 1: sudden it looks like this pay for service, which is 238 00:11:17,720 --> 00:11:19,920 Speaker 1: something that we could do anyway when it comes to 239 00:11:20,280 --> 00:11:23,400 Speaker 1: joining Audible or the many different other ways that we 240 00:11:23,400 --> 00:11:26,320 Speaker 1: can acquire media within our lives. It's probably worth mentioning 241 00:11:26,320 --> 00:11:28,640 Speaker 1: too that if you if you want to be able 242 00:11:28,679 --> 00:11:31,840 Speaker 1: to get those books more quickly, getting physical books from 243 00:11:31,880 --> 00:11:34,320 Speaker 1: your library probably makes sense because fewer and few fewer 244 00:11:34,320 --> 00:11:35,960 Speaker 1: people are doing that. More people are opting for the 245 00:11:35,960 --> 00:11:39,520 Speaker 1: digital versions. Man, maybe if I'd gone for the physical copy, 246 00:11:39,559 --> 00:11:41,120 Speaker 1: I could have gotten my David's to Dari's book in 247 00:11:41,160 --> 00:11:42,960 Speaker 1: a week or so. That's true, but I went I 248 00:11:43,000 --> 00:11:44,880 Speaker 1: wanted the audio book until it took me a lot longer. 249 00:11:44,920 --> 00:11:48,800 Speaker 1: But I will say it is like half of the 250 00:11:48,920 --> 00:11:51,280 Speaker 1: joy is it is. But if you're looking for other 251 00:11:51,360 --> 00:11:53,800 Speaker 1: ones not not being read by someone also like that, 252 00:11:54,080 --> 00:11:56,559 Speaker 1: then yeah, you go for the physical copy if you 253 00:11:56,559 --> 00:11:58,520 Speaker 1: want to get it more quickly. Yeah. Well, okay, I'll 254 00:11:58,520 --> 00:12:01,320 Speaker 1: give one more argument too that I came across for 255 00:12:01,800 --> 00:12:05,160 Speaker 1: publishers essentially not being so hard on libraries, because like 256 00:12:05,360 --> 00:12:07,640 Speaker 1: the argument can be made that, well, the publishers are 257 00:12:07,640 --> 00:12:10,440 Speaker 1: just protecting their bottom line right by folks going to 258 00:12:10,480 --> 00:12:13,880 Speaker 1: the libraries. That eats into their profits. But it's kind 259 00:12:13,880 --> 00:12:16,360 Speaker 1: of a it's essentially a near sighted move because if 260 00:12:16,360 --> 00:12:18,440 Speaker 1: they're only looking at how much money they're gonna make 261 00:12:18,480 --> 00:12:21,640 Speaker 1: this year, and they're limiting the number of books that 262 00:12:21,720 --> 00:12:25,840 Speaker 1: libraries have access to, they are limiting the future generations 263 00:12:26,080 --> 00:12:29,520 Speaker 1: of readers that are going to potentially actually buy books 264 00:12:29,520 --> 00:12:31,199 Speaker 1: in the future. Well, a lot of times I'll get 265 00:12:31,240 --> 00:12:33,000 Speaker 1: a book if I love it, then I'll buy it 266 00:12:33,000 --> 00:12:35,120 Speaker 1: after the fact. Yeah, And so I do think you're right. 267 00:12:35,160 --> 00:12:36,880 Speaker 1: I think they're being short sighted to a certain degree. 268 00:12:37,120 --> 00:12:38,640 Speaker 1: We want to be able to foster the love of 269 00:12:38,640 --> 00:12:41,320 Speaker 1: reading and our kids. Basically, is I guess I'm what 270 00:12:41,320 --> 00:12:43,839 Speaker 1: I'm getting at. That's definitely an argument that could be made. Yep. 271 00:12:43,880 --> 00:12:45,520 Speaker 1: It's kind of like that freemium business model. Give it 272 00:12:45,520 --> 00:12:46,600 Speaker 1: to them for free a little bit, and then they'll 273 00:12:46,600 --> 00:12:48,320 Speaker 1: buy more books in the long run. Exactly. All right, 274 00:12:48,400 --> 00:12:50,160 Speaker 1: Let's talk about eating out for a quick second, because 275 00:12:50,640 --> 00:12:53,040 Speaker 1: sometimes the simple places to save are ones what we 276 00:12:53,120 --> 00:12:55,560 Speaker 1: often overlook. And there's this interesting article in the Motley 277 00:12:55,600 --> 00:12:57,800 Speaker 1: Fool about how much a kid's meal can cost a 278 00:12:57,840 --> 00:13:00,560 Speaker 1: certain restaurants. Matt, I know you are keenly aware of 279 00:13:00,559 --> 00:13:02,400 Speaker 1: this too, because you have four children. I have three, 280 00:13:02,480 --> 00:13:04,400 Speaker 1: and so when you go out to eat with kids, 281 00:13:04,679 --> 00:13:07,839 Speaker 1: it just changes the ball game. Depending on where you go, 282 00:13:08,760 --> 00:13:11,640 Speaker 1: the bill can skyrocket based on how much we're paying 283 00:13:11,640 --> 00:13:13,520 Speaker 1: for kids meals. It makes me think, Okay, so he said, 284 00:13:13,520 --> 00:13:14,880 Speaker 1: of how it just changes the game, It makes me 285 00:13:14,920 --> 00:13:16,840 Speaker 1: think of the difference between a vacation and going on 286 00:13:16,880 --> 00:13:18,960 Speaker 1: a trip with your family, because, like, when you don't 287 00:13:19,000 --> 00:13:22,960 Speaker 1: have kids, anytime you go on a trip, it's a vacation. Yeah, 288 00:13:23,000 --> 00:13:25,360 Speaker 1: But when you go with kids, it's a trip, and 289 00:13:25,400 --> 00:13:27,280 Speaker 1: it takes work. That's that's what it's like when you 290 00:13:27,320 --> 00:13:29,480 Speaker 1: go out to eat. Like because when you don't have 291 00:13:29,559 --> 00:13:31,280 Speaker 1: kids and you go out to eat, it's it's fun 292 00:13:31,320 --> 00:13:33,960 Speaker 1: basically no matter what. But it's you know, there's there's 293 00:13:34,000 --> 00:13:35,520 Speaker 1: not only does it cost a lot of money, it's 294 00:13:35,520 --> 00:13:37,439 Speaker 1: a lot of work to go out go out to eat. 295 00:13:37,440 --> 00:13:38,880 Speaker 1: You know it is, So you think twice before you 296 00:13:38,880 --> 00:13:41,200 Speaker 1: take the whole family out on multiple for multiple reasons. 297 00:13:41,440 --> 00:13:43,400 Speaker 1: But I think the other thing you have to do 298 00:13:43,440 --> 00:13:45,520 Speaker 1: is you have to crunch the numbers every time you 299 00:13:45,559 --> 00:13:47,800 Speaker 1: go out, depending on where you're going and depending on 300 00:13:47,840 --> 00:13:50,040 Speaker 1: what the kids meals, like the list price for those 301 00:13:50,080 --> 00:13:52,400 Speaker 1: kids meals is and it makes me think, Like we 302 00:13:52,440 --> 00:13:55,680 Speaker 1: went out to on Easter Sunday, we went out to 303 00:13:56,000 --> 00:13:58,880 Speaker 1: waffle House and we split two All Star breakfast between 304 00:13:58,880 --> 00:14:02,880 Speaker 1: all five of us, like a true Americans. That's right exactly. 305 00:14:03,080 --> 00:14:04,640 Speaker 1: But if you have kids, I think it's important to 306 00:14:05,120 --> 00:14:07,360 Speaker 1: rethink the default assumption that the kids meal is going 307 00:14:07,400 --> 00:14:09,800 Speaker 1: to be the best value for your especially if you 308 00:14:09,840 --> 00:14:12,439 Speaker 1: have a couple of kids, they maybe having them split 309 00:14:12,480 --> 00:14:16,000 Speaker 1: an adult entree that is a few dollars more will 310 00:14:16,040 --> 00:14:18,360 Speaker 1: actually come out to your benefit in the long run, 311 00:14:18,880 --> 00:14:21,600 Speaker 1: sometimes those kids meals are they're chintzy on the amount 312 00:14:21,640 --> 00:14:23,680 Speaker 1: of food that comes with it, and they come with 313 00:14:23,720 --> 00:14:26,520 Speaker 1: like some sort of prepackaged drink, and so the price 314 00:14:26,560 --> 00:14:28,320 Speaker 1: does get up to eight, nine, ten dollars. There's one 315 00:14:28,640 --> 00:14:31,320 Speaker 1: barbecue restaurant I'm thinking of in Town matt that the 316 00:14:31,400 --> 00:14:33,920 Speaker 1: kids mels are twelve dollars and they weren't nearly as 317 00:14:33,920 --> 00:14:36,640 Speaker 1: big as the adult entres, which were like fourteen, and 318 00:14:36,680 --> 00:14:39,160 Speaker 1: so they came with like a cookie and a lemonade 319 00:14:39,240 --> 00:14:40,800 Speaker 1: or something like that. But where we just want to 320 00:14:40,800 --> 00:14:42,840 Speaker 1: do waters and so split the adult entree, you end 321 00:14:42,920 --> 00:14:44,480 Speaker 1: up saving a good bit of money. I just think 322 00:14:44,520 --> 00:14:47,080 Speaker 1: it's worth mentioning. It's worth folks thinking about. Yeah. Plus, 323 00:14:47,080 --> 00:14:49,520 Speaker 1: there's sort of like a cultural impact too, of challenging 324 00:14:49,560 --> 00:14:53,000 Speaker 1: your kids to eat potentially food that wasn't one percent 325 00:14:53,080 --> 00:14:54,960 Speaker 1: geared towards them, that isn't in like the shape of 326 00:14:54,960 --> 00:14:58,160 Speaker 1: a dinosaur or something exactly. I think there's a lot 327 00:14:58,200 --> 00:15:00,240 Speaker 1: of parents who might be thinking, well, my kids can 328 00:15:00,240 --> 00:15:01,880 Speaker 1: to eat like the normal food, like they need the 329 00:15:01,960 --> 00:15:03,840 Speaker 1: kids meal. But I mean, if you don't challenge with 330 00:15:03,880 --> 00:15:06,080 Speaker 1: them to kind of rise up to the occasion, I 331 00:15:06,120 --> 00:15:08,080 Speaker 1: don't think they're they're never going to grow into that, 332 00:15:08,120 --> 00:15:10,640 Speaker 1: as opposed to you sort of setting that as something 333 00:15:10,680 --> 00:15:12,600 Speaker 1: that you would like to see them grow into. I 334 00:15:12,600 --> 00:15:14,880 Speaker 1: guess again, sometimes it's the same food, but it's just 335 00:15:14,920 --> 00:15:17,000 Speaker 1: a much smaller portion and you're getting ripped off. But 336 00:15:17,080 --> 00:15:19,520 Speaker 1: you're buying it because it's the kids meal. Just because 337 00:15:19,520 --> 00:15:21,760 Speaker 1: it's labeled that way, It doesn't mean that you need 338 00:15:21,800 --> 00:15:23,600 Speaker 1: to get it for your kids. On the fast food note, 339 00:15:23,640 --> 00:15:24,920 Speaker 1: I want to get your take care. I saw a 340 00:15:24,960 --> 00:15:29,640 Speaker 1: tweet recently castigating fast food restaurants for hiring quote unquote 341 00:15:29,680 --> 00:15:32,320 Speaker 1: minor children. This was I think they're going after a 342 00:15:32,400 --> 00:15:35,840 Speaker 1: Chick fil a. They're hiring kids for fifteen dollars an hour. 343 00:15:35,920 --> 00:15:37,440 Speaker 1: What are your what are your thoughts on that? Do 344 00:15:37,480 --> 00:15:40,080 Speaker 1: you think that fourteen and fifteen year olds should be 345 00:15:40,120 --> 00:15:42,560 Speaker 1: allowed to work fast food or not? I mean I 346 00:15:42,560 --> 00:15:44,520 Speaker 1: did when I was that age. Yeah, yeah, so I 347 00:15:44,880 --> 00:15:46,560 Speaker 1: figured that would be yournge. Yeah, well, in my what 348 00:15:46,680 --> 00:15:48,720 Speaker 1: I started at was was not fifteen dollars an hours, 349 00:15:48,760 --> 00:15:52,360 Speaker 1: five dollars and fifteen cents an hour. So I back 350 00:15:52,400 --> 00:15:56,000 Speaker 1: in mind that, yes, exactly right. How that dates me 351 00:15:56,040 --> 00:15:58,880 Speaker 1: for sure, But I think it's actually I'm surprised at 352 00:15:58,880 --> 00:16:02,400 Speaker 1: that person's take, because I think, yeah, working as like 353 00:16:02,480 --> 00:16:04,680 Speaker 1: an incredibly privileged tam. You don't want to say the 354 00:16:04,840 --> 00:16:07,200 Speaker 1: olds and minds or anything like that, but to be 355 00:16:08,040 --> 00:16:10,760 Speaker 1: unhealthy condition, right right. But I think fifteen year olds 356 00:16:10,800 --> 00:16:13,840 Speaker 1: working in fast food is a good learning environment, makes 357 00:16:13,840 --> 00:16:16,440 Speaker 1: some side cash, and what better way for kids to 358 00:16:16,520 --> 00:16:18,800 Speaker 1: learn about money than to actually make some of it 359 00:16:18,920 --> 00:16:20,800 Speaker 1: and then either make mistakes or learn how to do 360 00:16:20,800 --> 00:16:23,280 Speaker 1: the right thing with it. With money that's there's because 361 00:16:23,280 --> 00:16:25,400 Speaker 1: they earned it well, and plus yes, give them the option. 362 00:16:25,480 --> 00:16:27,640 Speaker 1: I'm glad it's just available there four kids like this 363 00:16:28,040 --> 00:16:30,240 Speaker 1: doesn't mean that all kids who are once you turned 364 00:16:30,240 --> 00:16:32,880 Speaker 1: fourteen you have to start working a full time you 365 00:16:32,920 --> 00:16:34,760 Speaker 1: do if you live under my roof mat part time 366 00:16:34,840 --> 00:16:36,640 Speaker 1: job outside of the house. But I really do like 367 00:16:37,120 --> 00:16:39,920 Speaker 1: the fact that that exists for the families and for 368 00:16:39,960 --> 00:16:42,320 Speaker 1: the kids out there who might want to do something 369 00:16:42,360 --> 00:16:44,640 Speaker 1: like that. I learned a lot of responsibility working in 370 00:16:44,760 --> 00:16:47,040 Speaker 1: age fourteen fifteen, and it's a different kind of interaction 371 00:16:47,080 --> 00:16:50,240 Speaker 1: you have with a direct manager or supervisor than with 372 00:16:50,280 --> 00:16:52,760 Speaker 1: your teacher at school, and so it's definitely you got 373 00:16:52,760 --> 00:16:54,840 Speaker 1: to show up on time. I learned about being two 374 00:16:54,840 --> 00:16:56,480 Speaker 1: minutes late, and how that's a big deal, you know, 375 00:16:56,520 --> 00:16:59,280 Speaker 1: And so there were all sorts of your paydoct No 376 00:16:59,480 --> 00:17:01,720 Speaker 1: fortunately not, but like you lost your free drink? Can 377 00:17:01,720 --> 00:17:03,880 Speaker 1: you get that? Talking to man? And it's just it's 378 00:17:03,880 --> 00:17:05,960 Speaker 1: helpful too. There's just so many different things you learn 379 00:17:06,320 --> 00:17:08,600 Speaker 1: working in a real work environment. And I know some 380 00:17:08,600 --> 00:17:10,280 Speaker 1: people would say, well, they've got the rest of their 381 00:17:10,280 --> 00:17:12,840 Speaker 1: lives to work. Yes, but just a few hours a 382 00:17:12,840 --> 00:17:14,240 Speaker 1: week it's a great way to start. Yeah, it is 383 00:17:14,240 --> 00:17:15,879 Speaker 1: a great way to start. You don't need to. You 384 00:17:15,920 --> 00:17:17,480 Speaker 1: don't need to, Like they don't even be working twenty 385 00:17:17,520 --> 00:17:19,240 Speaker 1: hours a week when they're juniors in high school. I 386 00:17:19,240 --> 00:17:21,320 Speaker 1: don't think. But but you know, a ten hour week 387 00:17:21,400 --> 00:17:25,080 Speaker 1: job for some side income and to learn some important 388 00:17:25,080 --> 00:17:26,639 Speaker 1: life lessons I think can be good. You know one 389 00:17:26,640 --> 00:17:29,080 Speaker 1: other quick small thing. Did you see that? Uh? Sam? 390 00:17:29,160 --> 00:17:32,000 Speaker 1: So everyone knows we're big Costco fans. Yeah, Sam's Club. 391 00:17:32,040 --> 00:17:34,639 Speaker 1: They're offering their membership for a year for ten bucks. 392 00:17:35,200 --> 00:17:37,680 Speaker 1: If you can see that. It's joined between now and 393 00:17:37,760 --> 00:17:40,600 Speaker 1: I think next Wednesday. What are your thoughts, I mean 394 00:17:40,640 --> 00:17:42,480 Speaker 1: you're gonna join? I think I probably will. Ten bucks? 395 00:17:42,520 --> 00:17:44,840 Speaker 1: Really why not? I mean, well, this for us is further, 396 00:17:45,000 --> 00:17:47,600 Speaker 1: but actually it's probably closer to play. Yeah, I wondered 397 00:17:47,640 --> 00:17:50,560 Speaker 1: how Yeah, I was thinking it's worth it just because 398 00:17:50,760 --> 00:17:53,080 Speaker 1: when I drive by there and their gas prices are 399 00:17:53,400 --> 00:17:56,480 Speaker 1: the cheapest around that, depending on where are they, you 400 00:17:56,520 --> 00:17:57,920 Speaker 1: might fill up there. I mean, they're not as cheapest 401 00:17:57,960 --> 00:18:01,359 Speaker 1: cos they are, but he never drive past that Sam's. Well, 402 00:18:01,800 --> 00:18:03,760 Speaker 1: so just anybody out there who's like, oh, I've been 403 00:18:03,760 --> 00:18:06,080 Speaker 1: thinking about joining Sam's, but I don't want to pay 404 00:18:06,240 --> 00:18:08,280 Speaker 1: cover the fifty five bucks or whatever. They got hot 405 00:18:08,280 --> 00:18:11,000 Speaker 1: dogs too, They do, but it's only ten bucks right 406 00:18:11,040 --> 00:18:14,040 Speaker 1: now for the next few days. But I'll also say this, 407 00:18:14,280 --> 00:18:18,040 Speaker 1: I don't think Sam's has the same cancelation policy on 408 00:18:18,200 --> 00:18:21,440 Speaker 1: a membership as Costco does exactly. But if you join 409 00:18:21,520 --> 00:18:23,320 Speaker 1: Costco and you're like, I just don't know if it's 410 00:18:23,320 --> 00:18:25,439 Speaker 1: gonna be worth sixty bucks, well the great thing is 411 00:18:25,520 --> 00:18:27,240 Speaker 1: if it's not worth sixty bucks to you, if you 412 00:18:27,280 --> 00:18:29,480 Speaker 1: don't get enough value from it, they'll give you your 413 00:18:29,520 --> 00:18:32,960 Speaker 1: money back. So that's just it's great that Sam's is 414 00:18:32,960 --> 00:18:35,480 Speaker 1: offering ten dollars memberships, and I think if you are interested, 415 00:18:35,520 --> 00:18:37,639 Speaker 1: this is a great time to kind of join a 416 00:18:37,680 --> 00:18:39,840 Speaker 1: warehouse club and see what you think is not all 417 00:18:39,880 --> 00:18:42,120 Speaker 1: that much money. Yeah, it's like low table stakes for sure. 418 00:18:42,520 --> 00:18:44,359 Speaker 1: But it's also important to note that, yeah, you can 419 00:18:44,440 --> 00:18:46,440 Speaker 1: join costco too, and you can always get that money 420 00:18:46,440 --> 00:18:48,840 Speaker 1: back if you hate it. Which if you hate it, 421 00:18:48,840 --> 00:18:51,119 Speaker 1: send me ANIMI I'd love to hear why, because I 422 00:18:51,200 --> 00:18:53,280 Speaker 1: love it. But Matt, we've got more to get to 423 00:18:53,440 --> 00:18:55,640 Speaker 1: on this episode, including a new mortgage product that could 424 00:18:55,680 --> 00:18:58,360 Speaker 1: be really dangerous for a lot of people. Will discuss 425 00:18:58,480 --> 00:19:10,840 Speaker 1: right after this. We are back and as everyone knows, 426 00:19:10,840 --> 00:19:13,040 Speaker 1: it is now time for the ludicrous headline of the week. 427 00:19:13,040 --> 00:19:16,320 Speaker 1: This one actually comes from listener Richard. Thank you for 428 00:19:16,520 --> 00:19:18,960 Speaker 1: sending that one our our way, Richard. But this is 429 00:19:19,000 --> 00:19:22,480 Speaker 1: from moneywise dot com and the headline reads, rich young 430 00:19:22,520 --> 00:19:25,800 Speaker 1: Americans have lost confidence in the stock markets and are 431 00:19:25,800 --> 00:19:30,480 Speaker 1: betting on these assets instead. The gist of this article 432 00:19:30,520 --> 00:19:33,200 Speaker 1: is that millennials have given up on investing in stocks, 433 00:19:33,280 --> 00:19:37,520 Speaker 1: which is just not true. But aside from that, Honestly, 434 00:19:37,640 --> 00:19:40,000 Speaker 1: the biggest problem with his peace and I don't I'm 435 00:19:40,000 --> 00:19:43,040 Speaker 1: not Richard, he didn't mention this is that it's a 436 00:19:43,080 --> 00:19:46,320 Speaker 1: sponsored article. This is a sponsor piece of content that 437 00:19:46,400 --> 00:19:49,679 Speaker 1: does a terrible job of telling you that basically all 438 00:19:49,680 --> 00:19:52,520 Speaker 1: of the strategies that are mentioned. First of all, they're 439 00:19:52,560 --> 00:19:55,680 Speaker 1: ones that were not in favor of, like investing in art, 440 00:19:56,000 --> 00:19:58,560 Speaker 1: investing in crypto private equity, that kind of stuff. But 441 00:19:58,640 --> 00:20:01,880 Speaker 1: at the end of the article, readers are pushed towards 442 00:20:02,000 --> 00:20:05,320 Speaker 1: the article sponsor and what looks like the last paragraph 443 00:20:05,320 --> 00:20:08,080 Speaker 1: of the article itself. It's not highlighted, it's not in 444 00:20:08,080 --> 00:20:09,800 Speaker 1: a different color. It's just like off to the margin. 445 00:20:09,920 --> 00:20:13,199 Speaker 1: It's like sponsored. And so not only are they are 446 00:20:13,240 --> 00:20:16,200 Speaker 1: these tactics suspect and of themselves, so is the lack 447 00:20:16,240 --> 00:20:19,160 Speaker 1: of transparency. We actually talked about this in episode four 448 00:20:19,240 --> 00:20:22,560 Speaker 1: forty six. We talked about alternative investments. We talked about 449 00:20:22,600 --> 00:20:25,439 Speaker 1: investing in whiskey, in farmland and all the different you know, 450 00:20:25,480 --> 00:20:28,760 Speaker 1: alternative options that are out there. And while we're not 451 00:20:29,080 --> 00:20:31,320 Speaker 1: necessarily going to hate on you, if that's something you 452 00:20:31,320 --> 00:20:33,800 Speaker 1: want to dabble in, we first of all only do 453 00:20:33,880 --> 00:20:36,960 Speaker 1: it with a very small percentage of your overall portfolio 454 00:20:37,000 --> 00:20:39,040 Speaker 1: five percent or less. But you need to make sure 455 00:20:39,080 --> 00:20:41,240 Speaker 1: that you are taking care of the basics first, like 456 00:20:41,320 --> 00:20:44,520 Speaker 1: making sure that you're investing within a work sponsored account, 457 00:20:44,760 --> 00:20:46,800 Speaker 1: in particularly if you've got a match you gotta get 458 00:20:46,840 --> 00:20:50,080 Speaker 1: those tax advantaged accounts. Fill it first, yep. Yeah, And 459 00:20:50,119 --> 00:20:51,760 Speaker 1: we talked about all sorts of things. We've talked about 460 00:20:51,760 --> 00:20:53,520 Speaker 1: digital art, all that kind of stuff. There's so many 461 00:20:53,600 --> 00:20:56,960 Speaker 1: ways in different q q C websites and stuff like 462 00:20:57,000 --> 00:20:59,480 Speaker 1: that that make it kind of seem interesting and fun 463 00:20:59,560 --> 00:21:03,200 Speaker 1: to invest and not because we're stick in the MUDs. 464 00:21:03,200 --> 00:21:05,200 Speaker 1: But we don't think investing should be fun. We think 465 00:21:05,240 --> 00:21:07,920 Speaker 1: investing should make you money and so be boring. Yeah, 466 00:21:07,920 --> 00:21:11,320 Speaker 1: who cares if it's adorable, if you can, it doesn't matter. 467 00:21:11,359 --> 00:21:13,959 Speaker 1: It's like, what's going to actually move the needle for 468 00:21:14,000 --> 00:21:15,720 Speaker 1: you when it comes to building wealth. A lot of 469 00:21:15,720 --> 00:21:18,440 Speaker 1: these alternative investments aren't great. And by the way, I think, yeah, 470 00:21:18,800 --> 00:21:22,320 Speaker 1: that the fact that that piece was sponsored and it 471 00:21:22,640 --> 00:21:24,080 Speaker 1: was so hard to tell and it was pushing you 472 00:21:24,119 --> 00:21:25,480 Speaker 1: towards all these other things. You just have to be 473 00:21:25,480 --> 00:21:28,240 Speaker 1: careful what you're reading on the internet and what sources 474 00:21:28,280 --> 00:21:30,639 Speaker 1: you choose to trust. So that the name of that 475 00:21:30,680 --> 00:21:32,359 Speaker 1: site was money wise, it sure seems like you should 476 00:21:32,359 --> 00:21:34,960 Speaker 1: be able to trust a site like yeah, but as 477 00:21:34,960 --> 00:21:38,200 Speaker 1: it turns out, no, not necessarily. But let's quickly touch 478 00:21:38,200 --> 00:21:41,040 Speaker 1: on a new survey. This one's from Pew Research, and 479 00:21:41,080 --> 00:21:44,119 Speaker 1: they found that both men and women are pretty averse 480 00:21:44,200 --> 00:21:46,960 Speaker 1: to negotiating to get paid more when they receive a 481 00:21:47,040 --> 00:21:49,240 Speaker 1: job offer. I was bummed out when I saw this, Matt, 482 00:21:49,320 --> 00:21:52,440 Speaker 1: especially because it's also not surprising. Yeah, it's not surprising 483 00:21:52,520 --> 00:21:55,000 Speaker 1: we are when it comes to face to face real 484 00:21:55,040 --> 00:21:57,960 Speaker 1: life interactions. I feel like we are only becoming more 485 00:21:58,000 --> 00:22:01,560 Speaker 1: hesitant to advocate for ourselves. Yeah. Well, we just had 486 00:22:01,640 --> 00:22:04,080 Speaker 1: Alex Carter on the show in episode six forty nine 487 00:22:04,160 --> 00:22:06,960 Speaker 1: where she's kind of a negotiating junkie, and she talked 488 00:22:07,000 --> 00:22:09,880 Speaker 1: all about how to make more money when negotiating. Shit. 489 00:22:09,960 --> 00:22:13,040 Speaker 1: Some great thoughts, some great tactics for people to take, 490 00:22:13,280 --> 00:22:15,120 Speaker 1: but there's just no reason not to ask for more 491 00:22:15,359 --> 00:22:17,560 Speaker 1: when you get a job offer. There's always something you 492 00:22:17,600 --> 00:22:20,320 Speaker 1: can ask for. Alex mentioned like, it's not just money, 493 00:22:20,359 --> 00:22:23,000 Speaker 1: it can be other things too, but money is a 494 00:22:23,000 --> 00:22:24,840 Speaker 1: big one, right, and a lot of people should ask 495 00:22:24,840 --> 00:22:26,800 Speaker 1: me where it was something like fifty eight percent of 496 00:22:26,800 --> 00:22:28,920 Speaker 1: men and sixty one percent of women don't ask for 497 00:22:29,040 --> 00:22:30,760 Speaker 1: more when they're presented with the job offer. They just 498 00:22:30,800 --> 00:22:34,320 Speaker 1: say thank you and they take the job. And that's 499 00:22:34,680 --> 00:22:37,640 Speaker 1: only forty percent of people pushing back asking for more 500 00:22:37,720 --> 00:22:40,439 Speaker 1: at the moment of impact, when you can, when you 501 00:22:40,480 --> 00:22:43,640 Speaker 1: have the greatest ability to influence paychecks for potentially years 502 00:22:43,640 --> 00:22:45,520 Speaker 1: to come. I don't like seeing this, and I hope 503 00:22:45,520 --> 00:22:47,400 Speaker 1: at least how to money listeners most have to money 504 00:22:47,400 --> 00:22:49,920 Speaker 1: listeners aren't falling into this camp. Hopefully our listeners are 505 00:22:49,960 --> 00:22:53,280 Speaker 1: not leaving money on the table, Joel. We're talking about travel, 506 00:22:53,520 --> 00:22:55,320 Speaker 1: you and I in our eyes, we booked some flights 507 00:22:55,359 --> 00:22:57,280 Speaker 1: not too long ago. Well, Google, they've got a new 508 00:22:57,320 --> 00:22:59,600 Speaker 1: feature that might help folks to feel a little less 509 00:22:59,600 --> 00:23:02,520 Speaker 1: stressed when booking a flight, and it could save you 510 00:23:02,560 --> 00:23:05,359 Speaker 1: money as well. They've got this new This is basically 511 00:23:05,520 --> 00:23:09,480 Speaker 1: like a price guarantee feature, which if you book through Google, 512 00:23:09,560 --> 00:23:12,239 Speaker 1: this guarantees that you're getting the lowest price, and not 513 00:23:12,280 --> 00:23:14,840 Speaker 1: just in the moment like at the time obviously most 514 00:23:14,840 --> 00:23:16,440 Speaker 1: folks are going to be looking at the lowest price, 515 00:23:16,440 --> 00:23:20,040 Speaker 1: but it protects you from price drops after you actually 516 00:23:20,240 --> 00:23:23,280 Speaker 1: book the ticket, which is pretty stink and cool. Currently, 517 00:23:23,280 --> 00:23:28,479 Speaker 1: it's only with Alaskan Airlines, Hawaiian Airlines, and Spirit Spirits 518 00:23:28,480 --> 00:23:32,680 Speaker 1: gonna be our fifty first state in addition to Hawaiian Alaska. 519 00:23:32,840 --> 00:23:35,520 Speaker 1: But we'll see if there are any additional airlines that 520 00:23:35,560 --> 00:23:37,320 Speaker 1: come on board. But I think this is great because 521 00:23:37,320 --> 00:23:41,119 Speaker 1: it basically Google's introducing some more competition and hopefully we 522 00:23:41,160 --> 00:23:44,520 Speaker 1: will see other airlines implement different features like this. If 523 00:23:44,560 --> 00:23:46,439 Speaker 1: you you know whether or not you book directly with 524 00:23:46,520 --> 00:23:49,359 Speaker 1: them or not. Yeah, you'll see a little badge with 525 00:23:49,880 --> 00:23:51,840 Speaker 1: the dollar sign in it that's like multi colored ye 526 00:23:52,000 --> 00:23:53,919 Speaker 1: and then got the Google colors. Yeah. And if you 527 00:23:53,960 --> 00:23:57,160 Speaker 1: book that flight then and the price goes down after 528 00:23:57,200 --> 00:24:00,159 Speaker 1: the fact, you will get a notification from Google. Well, 529 00:24:00,240 --> 00:24:02,439 Speaker 1: you have to finish the booking through Google's system, by 530 00:24:02,480 --> 00:24:04,040 Speaker 1: the way. You can't go off to a third party 531 00:24:04,040 --> 00:24:06,399 Speaker 1: site and book elsewhere. You have to do it through Google. 532 00:24:06,560 --> 00:24:08,960 Speaker 1: But then you'll get a notification from Google saying, hey, 533 00:24:08,960 --> 00:24:11,520 Speaker 1: we just refunded money to your account because we're honoring 534 00:24:11,600 --> 00:24:13,800 Speaker 1: that price guarantee. So I love seeing that and it's 535 00:24:13,800 --> 00:24:15,800 Speaker 1: pretty cool, and I'm hoping that this, like yes, spurs 536 00:24:15,800 --> 00:24:18,000 Speaker 1: Moore competition and saves people a lot of money. Matt, 537 00:24:18,080 --> 00:24:22,200 Speaker 1: Let's talk about mortgages for a second, because every lasting mortgage. Yeah, 538 00:24:22,200 --> 00:24:25,479 Speaker 1: there have been some headlines floating around that probably confused 539 00:24:25,480 --> 00:24:28,160 Speaker 1: a lot of people. Confused me initially, I'll admit when 540 00:24:28,359 --> 00:24:30,280 Speaker 1: I was kind of looking into it, and that is 541 00:24:30,640 --> 00:24:33,480 Speaker 1: headlines floating around about forty year mortgages and those becoming 542 00:24:33,480 --> 00:24:37,200 Speaker 1: a new reality of the FHA has approved new forty 543 00:24:37,240 --> 00:24:40,280 Speaker 1: year mortgage rules, and this might excite a lot of 544 00:24:40,280 --> 00:24:43,840 Speaker 1: our listeners because they might say, hey, listen, housing affordability 545 00:24:43,880 --> 00:24:45,720 Speaker 1: has gotten out of whack. Yeah, if I can extend 546 00:24:45,720 --> 00:24:48,240 Speaker 1: that payment out over forty years, that might help me 547 00:24:48,280 --> 00:24:51,159 Speaker 1: be able to actually finally be able to purchase the 548 00:24:51,160 --> 00:24:55,080 Speaker 1: house I'm hoping for. But a couple things on that front. 549 00:24:55,119 --> 00:24:58,960 Speaker 1: One not so fast forty year mortgages, Like what they 550 00:24:58,960 --> 00:25:03,439 Speaker 1: have been approved for is for loan modifications for people 551 00:25:03,480 --> 00:25:08,080 Speaker 1: who are potentially gonna file foreclosure, so instance, who are 552 00:25:08,160 --> 00:25:10,800 Speaker 1: facing financial hardship. Yeah, so if they're having a hard 553 00:25:10,840 --> 00:25:13,639 Speaker 1: time and foreclosure seems to be the only option, a 554 00:25:13,680 --> 00:25:17,720 Speaker 1: modification extending to loan terms is one of those possible 555 00:25:17,760 --> 00:25:20,720 Speaker 1: outs for those people. But it's not something like that 556 00:25:20,840 --> 00:25:23,800 Speaker 1: you can just do as a as a home buyer 557 00:25:24,280 --> 00:25:27,119 Speaker 1: or a homeowner refinancing into a forty year mortgage or 558 00:25:27,200 --> 00:25:29,880 Speaker 1: opting for a forty year over a fifteen or thirty 559 00:25:29,960 --> 00:25:32,680 Speaker 1: year right, So just know when you're reading those headlines 560 00:25:32,680 --> 00:25:36,119 Speaker 1: and you're seeing FHA approves forty year mortgages. That doesn't 561 00:25:36,160 --> 00:25:39,080 Speaker 1: really tell the full story. And even if it did, 562 00:25:39,160 --> 00:25:41,359 Speaker 1: let's say forty year mortgages are coming in vogue and 563 00:25:41,400 --> 00:25:43,840 Speaker 1: maybe they are going to start to become normal. It's 564 00:25:43,880 --> 00:25:48,120 Speaker 1: not something we would be excited about because then we're 565 00:25:48,119 --> 00:25:52,119 Speaker 1: talking about people extending payments over a much longer timeline, 566 00:25:52,200 --> 00:25:56,479 Speaker 1: but not really entirely yeah, not really lowering decade, Yeah, 567 00:25:56,520 --> 00:25:58,520 Speaker 1: but not really lowering those monthly payments a whole lot 568 00:25:58,600 --> 00:26:00,600 Speaker 1: and paying a whole lot of extra interest to the process. Yeah, 569 00:26:00,600 --> 00:26:02,360 Speaker 1: I mean, essentially, it's it's real similar to like those 570 00:26:02,440 --> 00:26:05,680 Speaker 1: ninety six month car loans that we often talk trash about, 571 00:26:05,760 --> 00:26:08,200 Speaker 1: right Like, just because there's a lender out there who 572 00:26:08,240 --> 00:26:10,000 Speaker 1: will give you a loan like this, it doesn't mean 573 00:26:10,040 --> 00:26:12,640 Speaker 1: that you should sign yourself up. And I think there 574 00:26:12,760 --> 00:26:14,320 Speaker 1: might be a number of folks who see the headlines 575 00:26:14,320 --> 00:26:16,199 Speaker 1: and they end up going to one of these, Like 576 00:26:16,240 --> 00:26:18,040 Speaker 1: you can get a forty year, but it is with 577 00:26:18,160 --> 00:26:21,760 Speaker 1: a non QM lender, so it's a non qualified mortgage, 578 00:26:21,760 --> 00:26:23,359 Speaker 1: and what that means is oftentimes you're going to be 579 00:26:23,400 --> 00:26:26,199 Speaker 1: facing much higher underwriting fees. They're going to charge you 580 00:26:26,200 --> 00:26:29,040 Speaker 1: a higher interest rate, which ultimately means that this should 581 00:26:29,080 --> 00:26:30,960 Speaker 1: not be a product that you should be signing up 582 00:26:31,000 --> 00:26:33,040 Speaker 1: for if that's what it takes in order for you 583 00:26:33,080 --> 00:26:35,159 Speaker 1: to get a house that you're interested in. But then 584 00:26:35,200 --> 00:26:37,440 Speaker 1: on top of that, I mean, for folks who would 585 00:26:37,480 --> 00:26:39,879 Speaker 1: go that path, I mean, they're suffering all the while 586 00:26:40,000 --> 00:26:42,800 Speaker 1: because of the fact that they're not partly paying anything 587 00:26:42,800 --> 00:26:46,639 Speaker 1: down towards principle. But also if they end up selling 588 00:26:46,800 --> 00:26:49,080 Speaker 1: the property, like after five or six years, they're gonna 589 00:26:49,080 --> 00:26:51,600 Speaker 1: find themselves having to bring money to the closing table 590 00:26:51,680 --> 00:26:54,520 Speaker 1: because they haven't been able to add any equity to 591 00:26:54,600 --> 00:26:57,159 Speaker 1: that actual property. Like all in all, this is like 592 00:26:57,160 --> 00:27:00,760 Speaker 1: a just a loose sort of situation, and we do 593 00:27:00,800 --> 00:27:04,879 Speaker 1: not want you to look into these Really, the only 594 00:27:04,920 --> 00:27:07,560 Speaker 1: person this makes sense for is that person facing foreclosure, 595 00:27:07,560 --> 00:27:08,880 Speaker 1: and this is the only way for them to stay 596 00:27:08,920 --> 00:27:11,479 Speaker 1: in the home. Right exactly, and hopefully for most fur 597 00:27:11,480 --> 00:27:14,399 Speaker 1: A listeners, that's not the case, right because of what's 598 00:27:14,560 --> 00:27:16,880 Speaker 1: been happening with home values over the past few years, 599 00:27:16,880 --> 00:27:18,920 Speaker 1: even though they've gone down just a touch in some 600 00:27:18,960 --> 00:27:20,560 Speaker 1: parts of the country. Yeah, let's go ahead and talk 601 00:27:20,600 --> 00:27:23,640 Speaker 1: about some car stuff. Let's talk about some worthless warranties. 602 00:27:23,680 --> 00:27:27,040 Speaker 1: Because the FTC, the Federal Trade Commission, they've issued a 603 00:27:27,080 --> 00:27:30,560 Speaker 1: warning about extended car warranties that are issued by third 604 00:27:30,560 --> 00:27:33,840 Speaker 1: party companies. First of all, we've never liked these things 605 00:27:33,840 --> 00:27:36,800 Speaker 1: like ever. We'd rather see you self ensured than actually 606 00:27:36,880 --> 00:27:39,879 Speaker 1: pay for an extended warranty, even if it's written by 607 00:27:39,880 --> 00:27:43,680 Speaker 1: the actual manufacturer of your vehicle. But the third party 608 00:27:43,680 --> 00:27:48,320 Speaker 1: company warranties are even worse. They claim to offer full 609 00:27:48,440 --> 00:27:52,480 Speaker 1: vehicle protection, but they have a litany of exceptions and 610 00:27:52,640 --> 00:27:55,440 Speaker 1: different excuses when you actually try to file a claim. 611 00:27:55,840 --> 00:27:58,320 Speaker 1: The kind of remind me of the home warranty companies 612 00:27:58,320 --> 00:28:00,720 Speaker 1: that are out there. Yeah, for sure, they's so great 613 00:28:00,760 --> 00:28:04,399 Speaker 1: in theory, but in reality they're pretty awful. And so 614 00:28:04,440 --> 00:28:07,560 Speaker 1: if you're thinking about buying an extended warranty on your 615 00:28:07,680 --> 00:28:10,920 Speaker 1: vehicle and your ride, think again and consider holding onto 616 00:28:10,920 --> 00:28:14,199 Speaker 1: your money to pay for repairs that might come along 617 00:28:14,240 --> 00:28:16,040 Speaker 1: out of pocket. Keep that money in the high yield 618 00:28:16,040 --> 00:28:18,760 Speaker 1: savings account where it's going to earn interest. That is 619 00:28:18,760 --> 00:28:21,720 Speaker 1: a way that you avoid the warranties and essentially self ensure. Yeah, 620 00:28:21,840 --> 00:28:24,840 Speaker 1: those car warranties come often. You often charge thousands and 621 00:28:24,840 --> 00:28:27,119 Speaker 1: thousands of dollars, but especially when you sign up for 622 00:28:27,119 --> 00:28:30,080 Speaker 1: those third party warranties, they're not worth a penny, and 623 00:28:30,160 --> 00:28:32,320 Speaker 1: so it's just your forking over a lot of money 624 00:28:32,440 --> 00:28:35,639 Speaker 1: that you could have otherwise used to ensure yourself against 625 00:28:35,640 --> 00:28:38,480 Speaker 1: potential damage to the vehicle. Matt, speaking of cars, we 626 00:28:38,560 --> 00:28:41,640 Speaker 1: talked about EB tax credits on Wednesday and how a 627 00:28:41,680 --> 00:28:44,320 Speaker 1: lot of them are set to go away on new 628 00:28:44,360 --> 00:28:48,120 Speaker 1: electric vehicles this weekend your last chance to which might 629 00:28:48,160 --> 00:28:50,960 Speaker 1: be hard if you are already planning to do it. Yeah, 630 00:28:50,960 --> 00:28:52,640 Speaker 1: it might be hard to actually pull the trigger, though. 631 00:28:52,800 --> 00:28:55,520 Speaker 1: I saw our friend Carl mister fifteen hundred just bought 632 00:28:55,520 --> 00:28:59,080 Speaker 1: one of those Chevy Bolt evs, which we've talked about 633 00:28:59,120 --> 00:29:01,080 Speaker 1: as being like one of the best possible purchases because 634 00:29:01,120 --> 00:29:03,440 Speaker 1: they're like the cheapest ev D on the planet and 635 00:29:03,440 --> 00:29:05,800 Speaker 1: they're basically like twenty grand after the tax credit. But 636 00:29:05,840 --> 00:29:07,719 Speaker 1: when that tax credit goes away, they're going to be 637 00:29:07,760 --> 00:29:10,200 Speaker 1: more expensive. But I think it took him something like 638 00:29:10,360 --> 00:29:13,120 Speaker 1: six months to actually get the car in hand from 639 00:29:13,120 --> 00:29:15,160 Speaker 1: the start of that purchase process, so it's unlikely that 640 00:29:15,200 --> 00:29:17,400 Speaker 1: you're going to be able to get it done this weekend. 641 00:29:17,400 --> 00:29:19,120 Speaker 1: But also we talked about how they're probably gonna be 642 00:29:19,160 --> 00:29:22,000 Speaker 1: back in a couple of years. But one concern that 643 00:29:22,040 --> 00:29:25,320 Speaker 1: many potential EV adopters have is that their EV battery 644 00:29:25,560 --> 00:29:28,600 Speaker 1: might go could put And I guess the question is 645 00:29:28,600 --> 00:29:32,000 Speaker 1: should they be worried? Well, a new study says not really, 646 00:29:32,120 --> 00:29:34,520 Speaker 1: because it's hard. Even though it's hard to get robust 647 00:29:34,600 --> 00:29:37,760 Speaker 1: data on this topic. Out of a study of fifteen 648 00:29:37,760 --> 00:29:41,440 Speaker 1: thousand electric vehicles, only one and a half percent have 649 00:29:41,640 --> 00:29:45,000 Speaker 1: needed a battery replacements and that those are decent odds. Yeah, 650 00:29:45,000 --> 00:29:47,600 Speaker 1: that seems like it's not terribly risky. I mean, the 651 00:29:47,600 --> 00:29:50,120 Speaker 1: study also found that a range range drop off wasn't 652 00:29:50,120 --> 00:29:51,840 Speaker 1: a major factor. I think some people are worried that 653 00:29:51,840 --> 00:29:53,800 Speaker 1: if they buy something with two hundred and fifty miles range, 654 00:29:53,840 --> 00:29:55,560 Speaker 1: it's going to have one hundred and fifty miles of 655 00:29:55,680 --> 00:29:59,480 Speaker 1: ranges in a few years. Not the case. Like, yeah, 656 00:29:59,480 --> 00:30:02,520 Speaker 1: there's been miners drop off, but nothing major. And of 657 00:30:02,560 --> 00:30:04,719 Speaker 1: course it's still just hard to know how long batteries 658 00:30:04,720 --> 00:30:07,360 Speaker 1: are gonna last once you pass the one hundred thousand 659 00:30:07,440 --> 00:30:11,200 Speaker 1: mile threshold. But the preliminary evidence on battery life is 660 00:30:11,240 --> 00:30:14,520 Speaker 1: mostly good. And so if you are on the fence 661 00:30:14,720 --> 00:30:17,080 Speaker 1: about an ev you might even be more on the 662 00:30:17,080 --> 00:30:19,680 Speaker 1: fence now with this federal tax credit going away on 663 00:30:19,720 --> 00:30:23,040 Speaker 1: a whole lot of these models. Well, if the battery 664 00:30:23,080 --> 00:30:26,680 Speaker 1: limitations had you worried, we would say you probably don't 665 00:30:26,680 --> 00:30:28,720 Speaker 1: need to be as worried on that front. And if 666 00:30:28,720 --> 00:30:30,640 Speaker 1: you want to your battery to last longer and you 667 00:30:30,640 --> 00:30:32,960 Speaker 1: don't want to see the range drop off significantly, a 668 00:30:33,000 --> 00:30:34,840 Speaker 1: couple of tips don't charge it to one hundred percent 669 00:30:34,880 --> 00:30:37,200 Speaker 1: every night, and don't use fast chargers all that often. 670 00:30:37,240 --> 00:30:40,000 Speaker 1: The more you can kind of trickle charge essentially, the 671 00:30:40,000 --> 00:30:41,360 Speaker 1: better off you're going to be, the better it's going 672 00:30:41,400 --> 00:30:43,640 Speaker 1: to be on your battery. And actually, Matt, we're gonna 673 00:30:43,640 --> 00:30:46,840 Speaker 1: talk more about car and home insurance next week on 674 00:30:46,880 --> 00:30:50,640 Speaker 1: the show, largely because I've had some kurfuffles lately in 675 00:30:50,640 --> 00:30:54,120 Speaker 1: my life on both fronts, so we will we'll discuss 676 00:30:54,160 --> 00:30:57,200 Speaker 1: and talk about my personal situation, but also give kind 677 00:30:57,240 --> 00:31:00,000 Speaker 1: of some takeaways for all of you listeners out there 678 00:31:00,040 --> 00:31:02,560 Speaker 1: when it looks what it looks like to effectively buy 679 00:31:02,720 --> 00:31:05,200 Speaker 1: and manage your car and home insurance. So look forward 680 00:31:05,200 --> 00:31:08,440 Speaker 1: to that next Wednesday on the show. But Monday is 681 00:31:08,480 --> 00:31:10,320 Speaker 1: going to be a listener questions episode. We'll see you 682 00:31:10,360 --> 00:31:12,400 Speaker 1: back here then. I hope you have a great weekend. 683 00:31:12,800 --> 00:31:15,760 Speaker 1: Until next time, best friends Out and best Friends Out