WEBVTT - Friday Flight - Missing Stimulus Checks, DIY Home Projects, and Flights to Nowhere #255 0:00:00.080 --> 0:00:02.520 Welcome to How the Money. I'm Joel and I and 0:00:02.640 --> 0:00:05.800 Matt and today we're discussing missing stimulus checks, d I, 0:00:05.960 --> 0:00:28.640 y home projects, and flights to nowhere. Welcome to our 0:00:28.720 --> 0:00:31.479 Friday flight episode. Man. Every week, you and I Joel, 0:00:31.480 --> 0:00:34.320 we pick a few headlines that catch our attention. We 0:00:34.320 --> 0:00:36.440 talked about how those bits of news, how they affect 0:00:36.520 --> 0:00:39.480 our money, our personal finances. So I'm excited to get 0:00:39.520 --> 0:00:41.720 to the few of the stories that you mentioned, as 0:00:41.720 --> 0:00:44.199 well as several others. Buddy, Yeah, you know one thing 0:00:44.240 --> 0:00:46.960 I saw actually that had to do with something we 0:00:47.000 --> 0:00:48.560 talked about a couple of months ago. We talked about 0:00:48.600 --> 0:00:50.960 the ARII campus that they built. It's like the super 0:00:50.960 --> 0:00:53.360 fancy theme out on the West coast. This is less money, 0:00:53.360 --> 0:00:55.520 this is more just like something we found interesting. Yeah, 0:00:55.760 --> 0:00:57.840 but are I was like, oh, man, with because of 0:00:57.840 --> 0:01:00.360 the pandemic, we're not going to move in to this building. 0:01:00.520 --> 0:01:03.520 The kind of like a summer camp building for like adults. 0:01:03.680 --> 0:01:05.360 Because of how well it was designed, you know, and 0:01:05.360 --> 0:01:07.480 how well it integrated to the outdoors. Makes sense for 0:01:07.560 --> 0:01:10.600 a company like ARII. Yeah, the renderings looked super cool, 0:01:10.680 --> 0:01:12.319 Like I wanted to go to work there, Man, I 0:01:12.360 --> 0:01:14.640 was looking looking to see if they have any job postings, 0:01:14.640 --> 0:01:17.319 you know. But yeah, they ended up selling the campus 0:01:17.360 --> 0:01:20.560 to Facebook because apparently has a couple of buildings like 0:01:20.640 --> 0:01:23.120 around the area. Um, and yeah, it sounds like ari 0:01:23.240 --> 0:01:24.800 I actually turned a profit on this one. So way 0:01:24.840 --> 0:01:27.600 to go. Are nice? Are you a member of ari E? I? 0:01:27.600 --> 0:01:29.520 I am. I have been for a number of years. Nice, 0:01:29.560 --> 0:01:31.760 So I We've never done that. But in order to 0:01:31.800 --> 0:01:34.000 get the discount when I got my bike earlier this year, 0:01:34.080 --> 0:01:35.520 back in the spring, you know, and I was looking 0:01:35.520 --> 0:01:37.720 to spend some of my stimulus money, you got a 0:01:37.720 --> 0:01:39.200 discount if you were a member as well. So I 0:01:39.200 --> 0:01:41.240 went ahead and joined. And so while that's great, I'm 0:01:41.240 --> 0:01:44.160 actually looking forward to the tim percent back because at 0:01:44.160 --> 0:01:45.839 the end of the year they do like a profit 0:01:45.840 --> 0:01:48.080 sharing thing where their members get ten percent of what 0:01:48.160 --> 0:01:50.560 you spent. Is that right, right? Yeah, Yeah, it's a 0:01:50.560 --> 0:01:52.760 co op and so yeah ari I, I mean I 0:01:52.800 --> 0:01:55.960 love their model. Their model is all about serving their 0:01:55.960 --> 0:01:58.680 customer well. And yeah that that co op model just 0:01:59.120 --> 0:02:01.360 is a business model. It's not often used, but it 0:02:01.400 --> 0:02:03.720 serves the customers well, and I think it creates a 0:02:03.720 --> 0:02:06.040 lot of customer loyalty to Yeah, totally. Man, I'll be 0:02:06.080 --> 0:02:09.079 interested to see if we maybe overspend now at Aria, 0:02:09.720 --> 0:02:12.160 because you know, because once you do have a membership somewhere, 0:02:12.160 --> 0:02:14.120 you tend to think about it more. And so hopefully 0:02:14.160 --> 0:02:16.040 that doesn't change my behavior, you know, and how we 0:02:16.080 --> 0:02:18.200 actually do spend our money. It's kind of what Costco 0:02:18.240 --> 0:02:20.480 banks on, right. People pay the sixty bucks or the 0:02:20.520 --> 0:02:23.280 one twenty and then you're you're a member now, so 0:02:23.440 --> 0:02:25.640 you want to get your money's worth, um, and Costco 0:02:25.680 --> 0:02:28.960 does pretty well with with that sort of membership model too, exactly. Man, 0:02:28.960 --> 0:02:30.680 all right, so let's get to our Friday Flight. This 0:02:30.760 --> 0:02:33.200 is our quick sampling of stories that you know that 0:02:33.240 --> 0:02:35.320 you and I found interesting this week. And Man, one 0:02:35.320 --> 0:02:37.040 of the reasons we call it the Friday Flight is 0:02:37.120 --> 0:02:39.320 it's a little nod to our love of craft beer. 0:02:39.680 --> 0:02:41.680 So we had a quick story here on Beer News, Man, 0:02:41.919 --> 0:02:44.840 we saw that Yengling is expanding their distribution out West. 0:02:45.440 --> 0:02:47.640 US beer sales they fell last year according to the 0:02:47.639 --> 0:02:50.400 Brewers Association, So it seems that this is an interesting 0:02:50.440 --> 0:02:53.080 move for America's oldest brewery to reclaim some of that 0:02:53.120 --> 0:02:55.280 decline in their and their fans and their customers. But 0:02:55.280 --> 0:02:56.919 I mean Yeling is so interesting because I feel like 0:02:56.919 --> 0:02:59.160 a lot of people talk about Yengling. I mean, they 0:02:59.200 --> 0:03:01.840 are the oldest brewery in our country, right, but like 0:03:01.880 --> 0:03:04.000 we've even got family out west, and if they go 0:03:04.040 --> 0:03:05.720 out of state, because I guess they don't sell it 0:03:05.720 --> 0:03:07.359 where they live, but if they go out state and 0:03:07.400 --> 0:03:09.120 they can get their hands on some England, they buy 0:03:09.160 --> 0:03:11.320 tons of it and they bring it back home because 0:03:11.360 --> 0:03:14.040 they love it, which is funny because it's not really 0:03:14.040 --> 0:03:15.920 a craft beer. It's it's it's not really it's like 0:03:15.960 --> 0:03:17.960 a standard beer. Like I mean, if I were to 0:03:18.160 --> 0:03:21.200 someone were to say, like describe Bengling, I would say beer. Yeah, 0:03:21.360 --> 0:03:23.520 it's just normal beer. I think it's better than like 0:03:23.520 --> 0:03:26.560 the other macros, but there's nothing really special about it. Um. 0:03:26.600 --> 0:03:29.680 But yeah, America's oldest brewery. That's they're claimed to fame. Uh. 0:03:29.960 --> 0:03:32.320 And then actually one of our local breweries, Creature Comforts, 0:03:32.320 --> 0:03:34.760 that are out in Athens, Georgia, they just announced that 0:03:34.800 --> 0:03:37.760 they are opening up another location in Los Angeles. Speaking 0:03:37.760 --> 0:03:40.440 of yeah, expanding out west, which is just another just 0:03:40.600 --> 0:03:43.720 massive craft beer town. Lots of great breweries out there. 0:03:43.960 --> 0:03:46.160 But yeah, so for all of our l A listeners 0:03:46.400 --> 0:03:48.960 who want to try some good Georgia beer. Well, pretty 0:03:49.000 --> 0:03:51.960 soon you're gonna be able to to try some Tropicalia 0:03:52.080 --> 0:03:55.960 or some Athena. So yeah, there are some favorites Athena Paradiso, 0:03:56.640 --> 0:04:01.120 the one with cherries cranberries so good, so it so yeah, 0:04:01.280 --> 0:04:04.000 l A l A listeners start stalking Creature Comforts on 0:04:04.040 --> 0:04:07.120 Instagram and follow how you know, their their builds going. Uh, 0:04:07.240 --> 0:04:09.080 that's something to look forward to for sure. Yeah. Yeah, 0:04:09.120 --> 0:04:13.600 Engling pretty good but not too special. Creature Comforts very special. Yeah, 0:04:13.840 --> 0:04:17.200 that's something else I found really interesting. This week. There 0:04:17.200 --> 0:04:20.600 were a few stories about different airlines starting to sell 0:04:20.640 --> 0:04:26.160 tickets for flights to nowhere, and uh, that's just feels 0:04:26.320 --> 0:04:30.320 like so uh so weird that it's happening. There was 0:04:31.320 --> 0:04:33.200 Does it feel like two thousand, you know, like back 0:04:33.200 --> 0:04:35.200 when gas costs nothing and you would just kind of 0:04:35.240 --> 0:04:37.000 go cruising and go driving around in your car for 0:04:37.040 --> 0:04:38.880 a ride. Yeah, maybe a little bit like both, but 0:04:38.960 --> 0:04:41.720 it it just, you know, everything in twenties so freaking 0:04:41.720 --> 0:04:43.960 weird that the idea of getting on a flight and 0:04:44.000 --> 0:04:47.120 not actually going to another place, because you know, a 0:04:47.160 --> 0:04:48.760 lot of these airlines are doing it because you can't 0:04:48.760 --> 0:04:52.680 go anywhere like, uh, the Quantis in Australia. Actually they 0:04:52.720 --> 0:04:55.480 sold out a flight in ten minutes that takes off 0:04:55.480 --> 0:04:57.800 from the Sydney Airport and then lands back at the 0:04:57.800 --> 0:05:01.400 Sydney Airport seven hours, so ridiculous. And they're they're saying that, 0:05:01.480 --> 0:05:03.719 you know, you'll get some low flying views of the 0:05:03.720 --> 0:05:06.279 Great Barrier Reef, which is which is cool, but overall, 0:05:06.560 --> 0:05:08.839 it's still pretty odd that you would buy a flight 0:05:09.160 --> 0:05:11.520 and you top on and you're not really going anywhere, man, 0:05:11.560 --> 0:05:13.719 You're just kind of like going for a little tour 0:05:13.839 --> 0:05:16.480 of you know, part of your own country. Yeah, except that, like, 0:05:16.640 --> 0:05:19.599 planes aren't made for sight seeing, right, Yeah, I saw 0:05:19.640 --> 0:05:21.880 that the windows are kind of small. I saw it's 0:05:21.880 --> 0:05:23.839 gonna be on the Boeing seven eighties seven And I 0:05:23.839 --> 0:05:25.159 don't know when the last time you've been on a 0:05:25.160 --> 0:05:27.880 seven eight seven, But those are really wide planes where 0:05:27.880 --> 0:05:29.840 a lot of the people sit in the middle. There's 0:05:29.880 --> 0:05:32.800 only one seat that has an actual window seat like 0:05:32.800 --> 0:05:35.080 on normal planes, right on each side. Don't matter how 0:05:35.080 --> 0:05:37.200 long you get if you're sitting the plane, it's a 0:05:37.279 --> 0:05:40.000 folks are just gonna get on this plane, cruise around 0:05:40.320 --> 0:05:42.440 and it's gonna be such a disappointing flight. It would 0:05:42.440 --> 0:05:44.240 be a disappointing flight in my opinion, because it's all 0:05:44.279 --> 0:05:47.039 about going somewhere and so then land back at the 0:05:47.080 --> 0:05:49.040 same airport that you took off from Man, I would 0:05:49.040 --> 0:05:51.680 be so bummed. I'm not doing it all right. So 0:05:51.720 --> 0:05:53.360 that's a little bit of news or the weird. But 0:05:53.400 --> 0:05:55.919 there's something else that's a little strange to man. Over 0:05:56.360 --> 0:05:59.760 nine million Americans who may qualify for a stimulus check. 0:06:00.040 --> 0:06:02.480 Remember those back in the spring, um they still haven't 0:06:02.480 --> 0:06:04.960 registered to receive their money. And the thing is, most 0:06:04.960 --> 0:06:07.920 individuals they didn't need to register because we filed our 0:06:08.000 --> 0:06:11.520 taxes in nineteen. But for those who aren't required to 0:06:11.560 --> 0:06:13.599 file a tax return, they had to actually go online 0:06:13.600 --> 0:06:16.400 and register in order to receive that money. And so 0:06:16.440 --> 0:06:18.800 the I R S they're gonna be sending out notifications 0:06:18.839 --> 0:06:21.560 next week to those individuals um as they now only 0:06:21.600 --> 0:06:24.760 have until October fifteen to register UH in order to 0:06:24.800 --> 0:06:26.640 claim that money. And so if that's you, if you've 0:06:26.640 --> 0:06:28.960 been maybe living under a rock, UH, you can go 0:06:29.040 --> 0:06:31.280 and do that on the I R S websites. That's 0:06:31.320 --> 0:06:34.200 where you can go where non filers can register and 0:06:34.200 --> 0:06:35.839 will make sure to link to that page in our 0:06:35.880 --> 0:06:37.960 show notes and at different times on the show, Matt, 0:06:38.000 --> 0:06:40.839 we've talked about kind of an increase in scams during COVID. 0:06:41.200 --> 0:06:43.000 They're they're just a lot of people trying to take 0:06:43.000 --> 0:06:46.680 advantage of people's concerns about health and finances. Right now, well, 0:06:46.839 --> 0:06:49.960 there's also been a rising scams related to those economic 0:06:50.000 --> 0:06:52.280 impact payments. So the i r S has issued a 0:06:52.320 --> 0:06:54.920 statement clarifying that they will not reach out to you 0:06:55.040 --> 0:06:58.440 via email, phone calls, or texts. So if you get 0:06:58.480 --> 0:07:01.920 anything electronic in nature in i r S communication, it's 0:07:01.960 --> 0:07:03.800 not the actual i r S. It's a scam artist. 0:07:04.080 --> 0:07:06.279 So the only place to go is i RS dot 0:07:06.279 --> 0:07:10.040 gov in order to register for that stimulus check payment. 0:07:10.040 --> 0:07:12.320 And man, I just can't believe nine million people. That 0:07:12.320 --> 0:07:14.120 that a lot of people that are missing out on 0:07:14.120 --> 0:07:15.960 their money. Yeah, and I'm sure they're they're probably still 0:07:15.960 --> 0:07:18.480 wondering where it is. Yea. So maybe this hits you 0:07:18.560 --> 0:07:20.640 and you were supposed to get one, you haven't gotten one, 0:07:20.680 --> 0:07:23.360 and now you can go and register to get that money. 0:07:23.480 --> 0:07:26.240 Or or maybe you know somebody who doesn't file a 0:07:26.640 --> 0:07:29.120 tax return and you think they probably qualify. Well, it's 0:07:29.160 --> 0:07:31.200 best to to let them know about this so that 0:07:31.240 --> 0:07:33.680 they can receive that money too. Yeah. Well, speaking of 0:07:33.720 --> 0:07:36.640 simulus checks, let's talk about how Americans who actually got 0:07:36.680 --> 0:07:39.240 their money, how they use that money. According to a 0:07:39.240 --> 0:07:41.920 new study, less than half of the money was actually spent, 0:07:42.400 --> 0:07:44.720 and then one third of that money was used for 0:07:45.120 --> 0:07:47.400 rainy day fund. That is certainly in line with other 0:07:47.440 --> 0:07:49.880 news that we've seen about the increased cash on hand 0:07:50.000 --> 0:07:52.080 due to the first round of stimulus checks, and then 0:07:52.120 --> 0:07:54.160 in addition to that to another chunk of money was 0:07:54.280 --> 0:07:56.800 used to pay off debt. And so it's awesome to 0:07:56.840 --> 0:07:59.200 see that, you know, Americans are using this influx of 0:07:59.240 --> 0:08:02.400 cash wisely in most cases, you know, even if it 0:08:02.440 --> 0:08:06.200 didn't necessarily accomplish the goal of maybe stimulating the economy 0:08:06.440 --> 0:08:09.480 through more consumer spending. But that also did happen to 0:08:09.600 --> 0:08:10.840 you know, And so I don't know, I feel like 0:08:10.840 --> 0:08:13.320 there's a certain level where folks are putting themselves in 0:08:13.320 --> 0:08:16.120 a better financial position, and that gives them the confidence 0:08:16.120 --> 0:08:17.840 maybe to go out and buy a new bike like 0:08:17.840 --> 0:08:20.960 I did. Yeah, I think Americans as a whole needed 0:08:21.040 --> 0:08:23.000 up their savings right right. There seems to be a 0:08:23.000 --> 0:08:26.000 special emphasis on hoarding cash at the moment and we 0:08:26.040 --> 0:08:29.080 think that's great. We think people should be considering their 0:08:29.120 --> 0:08:32.280 own personal financial situation. That's crucial because we don't know 0:08:32.360 --> 0:08:35.760 exactly how long or how difficult this storm, the COVID storm, 0:08:35.840 --> 0:08:38.440 is going to be, and most folks planned to stick 0:08:38.480 --> 0:08:41.360 to that trajectory of saving actually based on a recent survey, 0:08:41.720 --> 0:08:44.679 until there's a COVID vaccine. And I can't blame them, man, 0:08:44.720 --> 0:08:47.319 I mean, having that solid six months of living expenses 0:08:47.360 --> 0:08:50.800 in your emergency fund. That's always been an important thing 0:08:50.840 --> 0:08:53.560 to have going on when it comes to your personal finances. 0:08:53.600 --> 0:08:56.199 But but it's even more important to shore up those 0:08:56.200 --> 0:09:00.439 savings now. Right even though rates on savings are pretty bismal, 0:09:00.679 --> 0:09:02.600 it's important to keep those savings intact. And I know 0:09:02.720 --> 0:09:05.000 that's something that a lot of our listeners struggle with, Matt. 0:09:05.080 --> 0:09:07.360 Sometimes they're like, Man, my my same use accounts paying 0:09:07.640 --> 0:09:10.240 point four or five now, and it's a bummer, and 0:09:10.840 --> 0:09:13.600 I just think I can do better, And I understand 0:09:13.640 --> 0:09:16.160 that desire. But at the same time, it's so crucial 0:09:16.200 --> 0:09:18.760 to have those liquid funds in a bank account that 0:09:18.800 --> 0:09:20.920 you could draw on it any time, because you never 0:09:21.000 --> 0:09:23.400 know what a worst case scenario could look like. That's 0:09:23.400 --> 0:09:25.320 why it's so important. Yeah, man, you can't beat that 0:09:25.360 --> 0:09:28.040 piece of mind. And speaking of cash, we've talked about 0:09:28.040 --> 0:09:30.720 this before, but the coin shortage that has continued. There 0:09:30.760 --> 0:09:33.400 are fewer coins in circulation as a lot of folks 0:09:33.800 --> 0:09:36.600 don't typically use them, but also too as businesses, uh 0:09:36.679 --> 0:09:39.800 sometimes have stopped accepting cash. But we saw that coin star. 0:09:39.920 --> 0:09:41.520 You know the machines like at the grocery store, you 0:09:41.559 --> 0:09:43.800 can dump the change in there. Uh, they will pay 0:09:43.840 --> 0:09:46.440 you more for your coins. Right now, there's never a 0:09:46.480 --> 0:09:49.000 fee to trade your coins in for an Amazon gift card. 0:09:49.000 --> 0:09:51.640 But now you can get a thirty five dollar gift 0:09:51.640 --> 0:09:54.160 card for thirty dollars and change, which is really sweet. 0:09:54.160 --> 0:09:56.079 And so if you know that you have a recurring 0:09:56.080 --> 0:09:58.680 expense or something that you may be always purchased via Amazon, 0:09:58.960 --> 0:10:00.520 this is a great way to optim eyes and to 0:10:00.720 --> 0:10:03.080 to maybe unload some coins that you have laying around 0:10:03.120 --> 0:10:05.360 the house. We've seen here to in Atlanta that some 0:10:05.440 --> 0:10:08.240 Chick fil A locations are offering or we're offering a 0:10:08.240 --> 0:10:11.000 free sandwich. If you traded in ten dollars and change 0:10:11.040 --> 0:10:12.640 for a ten dollar bill, you get a free sandwich, 0:10:12.679 --> 0:10:15.120 which is pretty sweet. And so you know keeping out 0:10:15.160 --> 0:10:17.560 for that. Some of your favorite local businesses might be 0:10:17.640 --> 0:10:20.920 offering coin payment specials as well. Keep an eye out 0:10:20.920 --> 0:10:22.640 for those deals. Yeah. I'm not one of those people 0:10:22.640 --> 0:10:24.719 that has a giant coin jar, but I know a 0:10:24.720 --> 0:10:26.800 lot of people do. Man. They just like take the 0:10:26.920 --> 0:10:29.160 extra pennies and nickels out of their out of their 0:10:29.200 --> 0:10:31.000 pocket every day, stick them in that jar, and they're 0:10:31.040 --> 0:10:33.200 saving for something big. And right now it might be 0:10:33.200 --> 0:10:35.280 a good time to trade those in because coins are 0:10:35.320 --> 0:10:38.120 super valuable to a lot of businesses who are struggling 0:10:38.160 --> 0:10:40.400 to find the coins they need in order to make change. 0:10:40.600 --> 0:10:42.240 That's right, all right, man, Well we're gonna take a 0:10:42.320 --> 0:10:44.200 quick break, but after the break, we're gonna talk about 0:10:44.280 --> 0:10:47.120 saving money by d I Y work that you can 0:10:47.160 --> 0:10:48.800 do it around your home, and we're gonna talk with 0:10:48.840 --> 0:10:51.760 our friend Tim Harmon with the U Can Man podcast, 0:10:51.840 --> 0:11:03.080 and we'll get to that right after the break. All right, 0:11:03.080 --> 0:11:05.040 we're back in the break and let's jump into some 0:11:05.320 --> 0:11:07.959 do it yourself talk d I Y d I Y. 0:11:08.600 --> 0:11:11.199 And due to the pandemic, we're all in our homes 0:11:11.200 --> 0:11:13.920 more right, and we're deciding to spruce them up, make 0:11:13.960 --> 0:11:16.559 some changes. Make you feel a little more livable in 0:11:16.679 --> 0:11:20.040 home depots and lows. They've actually reported really strong earnings 0:11:20.280 --> 0:11:23.160 because of the d I Y craze. It's happening. So 0:11:23.760 --> 0:11:26.760 in that vein, We've brought our friend Tim Harmon from 0:11:26.760 --> 0:11:29.240 the U can Man podcast on to discuss all things 0:11:29.320 --> 0:11:31.600 d I Y on this episode with us. So, Tim, 0:11:31.640 --> 0:11:33.680 thanks for joining us on the show today. Man, Hey, Hey, 0:11:33.840 --> 0:11:35.960 good to be here. Yeah, Joel, you've known Tim for 0:11:36.080 --> 0:11:38.400 quite a while longer than I have, actually Tim. I 0:11:38.480 --> 0:11:40.719 met you maybe like a decade ago when it came 0:11:40.760 --> 0:11:43.480 to like within the photography industry, which is something that 0:11:43.640 --> 0:11:46.880 neither you or I are doing necessarily full time at 0:11:46.880 --> 0:11:50.080 this point. Right sitting here with you guys at this table, 0:11:50.200 --> 0:11:53.720 it's just a culmination of a very long time when 0:11:53.840 --> 0:11:57.880 I found out that Joel new Matt. Matt new Joel, 0:11:57.920 --> 0:12:01.400 and I'm like, whoa, what has happened? World's collide, World's 0:12:01.440 --> 0:12:04.040 collide here. I'm like, Joe, how in the world did 0:12:04.080 --> 0:12:05.640 you meet Matt? And so I got the whole story. 0:12:05.679 --> 0:12:09.160 That's a weirdo. So none none these jokers for quite 0:12:09.160 --> 0:12:11.360 some time now, and so glad to be sitting here 0:12:11.400 --> 0:12:13.880 at the table talking about some do it yourself stuff. 0:12:13.920 --> 0:12:15.400 That's great. Well that's yeah, that is what we're gonna 0:12:15.400 --> 0:12:17.160 talk about. We're not going to dive into our histories, 0:12:17.280 --> 0:12:19.319 into our past. Uh it's and we're all about the 0:12:19.640 --> 0:12:21.480 ying it around the house to save money. But for 0:12:21.559 --> 0:12:24.040 you know, others out there, can you make a quick case, 0:12:24.120 --> 0:12:25.959 like a quick argument for why folks should be doing 0:12:25.960 --> 0:12:29.320 more projects themselves instead of hiring someone else you know 0:12:29.360 --> 0:12:33.040 for that job. So we are all about doing things yourself, 0:12:33.240 --> 0:12:36.160 but it's not always about saving money. What we say 0:12:36.280 --> 0:12:38.600 is what one man can do, you can do as 0:12:38.600 --> 0:12:41.160 well with a little help from your friends and the 0:12:41.240 --> 0:12:44.560 proper know how nice. So I will say to not 0:12:44.720 --> 0:12:47.520 what you can man like. Also, there's ladies out there 0:12:47.240 --> 0:12:50.120 who are very handy or even aren't handy that or 0:12:50.240 --> 0:12:51.760 you can pick up a tool and figure out how 0:12:51.800 --> 0:12:54.480 to do something. We actually have a really active Facebook 0:12:54.640 --> 0:12:57.640 group that's steadily growing and we've got tons of ladies 0:12:57.720 --> 0:13:00.800 in the two So yeah, so doing things you're elf. Um, 0:13:00.840 --> 0:13:03.800 it's not always about the money. Like I mentioned, we 0:13:03.920 --> 0:13:07.320 like to think that tackling d I y projects gives 0:13:07.320 --> 0:13:11.520 you confidence in every area of life. So tackling something 0:13:11.520 --> 0:13:15.800 that I may never have dreamed that I could do myself. 0:13:15.960 --> 0:13:18.920 Like one thing that really got me started down this 0:13:19.040 --> 0:13:22.079 road years ago was taking out a large load bearing 0:13:22.120 --> 0:13:24.839 wall in my house. And before that I thought, I 0:13:24.840 --> 0:13:27.839 can never do this. It's only for the experts, only 0:13:27.880 --> 0:13:31.480 for the experts. I'm my house is going to fall down, 0:13:31.559 --> 0:13:34.640 for sure. If I tried to do this, it's going 0:13:34.679 --> 0:13:37.440 to fall down. But I had a really good friend 0:13:37.840 --> 0:13:39.920 and he had done it before, and so he showed 0:13:39.960 --> 0:13:42.080 me the ropes and was like, look man. And he's 0:13:42.080 --> 0:13:44.120 actually the reason why I call it you can man, 0:13:44.120 --> 0:13:46.440 because he would always say, what one main man can do, 0:13:46.520 --> 0:13:51.679 you can do as well, and that's right, right, right, 0:13:52.080 --> 0:13:53.600 And so that's what really got me started, and that 0:13:53.679 --> 0:13:56.920 gave me a lot of confidence to then start tons 0:13:56.960 --> 0:13:59.959 of other d I Y projects. So I love teaching 0:14:00.080 --> 0:14:03.480 people that, hey, you can do this. You know you 0:14:03.600 --> 0:14:06.000 need the right know how, you need some help, but 0:14:06.120 --> 0:14:08.240 you can do this yourself. I think that's so true. 0:14:08.400 --> 0:14:10.040 And that's something that Matt and I kind of talked 0:14:10.040 --> 0:14:12.720 about with money. There's something about the behavior that you 0:14:12.760 --> 0:14:16.200 do over a period of time turns you into the 0:14:16.240 --> 0:14:18.720 person that you're becoming, Like a self fulfilling prophecy like 0:14:18.720 --> 0:14:19.960 the more you do it, the better you get at it, 0:14:20.000 --> 0:14:22.000 and it just fulfills itself. You start to save. Now 0:14:22.000 --> 0:14:24.800 I'm a saver and um, and then you can label 0:14:24.840 --> 0:14:27.160 yourself that and then you kind of continue to do 0:14:27.200 --> 0:14:29.400 that in a ramped up way. And and I think 0:14:29.400 --> 0:14:30.960 the same thing I think you're right is is true 0:14:31.000 --> 0:14:32.400 with the I Y. The more you tackle, the more 0:14:32.440 --> 0:14:34.600 you're like, oh yeah, that's I can get into more 0:14:34.840 --> 0:14:37.200 areas of that. Uh So, so, Tim, what are what 0:14:37.200 --> 0:14:39.880 are some of the most expensive things maybe that people 0:14:40.000 --> 0:14:41.920 typically pay for when it comes to D I Y 0:14:42.080 --> 0:14:45.200 or or home renovation and they should actually be doing 0:14:45.240 --> 0:14:49.320 themselves instead to save money. Okay, I'm gonna say one 0:14:49.360 --> 0:14:51.800 thing that really just adds up. And you guys have 0:14:51.880 --> 0:14:54.200 talked about it. In fact, I think you had an 0:14:54.360 --> 0:14:57.680 entire show about this. I'm not mistaken. Maybe earlier on, 0:14:57.720 --> 0:15:02.280 I'm not quite sure. Do it yourself. Past control, yes, Okay, Now, look, 0:15:02.720 --> 0:15:06.400 you're gonna be spending so much money every single quarter 0:15:06.600 --> 0:15:09.360 paying the past control guy. And if you'll like me, 0:15:09.680 --> 0:15:11.720 years ago, same kind of thing that I was talking 0:15:11.760 --> 0:15:14.320 about with the load bearing wall removal, I thought I 0:15:14.360 --> 0:15:17.040 can't do this myself. Don't you need a license to 0:15:17.160 --> 0:15:20.400 get all these chemicals. I'm not qualified to handle that 0:15:20.480 --> 0:15:23.480 kind of material. No, there's this there's this website. It's 0:15:23.520 --> 0:15:27.320 called Amazon, and you can actually get all of these 0:15:27.400 --> 0:15:30.720 chemicals yourself, the ones that the pet control pros actually 0:15:30.680 --> 0:15:33.520 the exact ones. Yeah. And actually I had a friend 0:15:33.520 --> 0:15:35.520 of mine um that had hired somebody to come to 0:15:35.520 --> 0:15:38.600 do mosquito control, and I said, hey, I want you 0:15:38.640 --> 0:15:42.680 to ask the guy the exact chemical that he's using. 0:15:42.920 --> 0:15:46.280 Sure enough by finthrine. You can buy that on Amazon. 0:15:46.880 --> 0:15:49.520 And it's such an easy thing, and it's just something 0:15:49.520 --> 0:15:52.000 that adds up really really quickly. I would say do 0:15:52.040 --> 0:15:54.960 it yourself. Past control another thing. Now, I'm gonna get 0:15:54.960 --> 0:15:58.440 a lot of flak for this, but I love changing 0:15:58.440 --> 0:16:03.080 my own oil car now as a test, I never 0:16:03.120 --> 0:16:06.480 have anybody to do my own oil. So today, before 0:16:07.000 --> 0:16:08.640 I came on the show, a little show prep, I 0:16:08.680 --> 0:16:10.760 called up Jiffy Loup. But I was like, all right, 0:16:11.480 --> 0:16:14.280 two thousand twelve Toyota see and it's a V six. 0:16:14.440 --> 0:16:17.040 I know I need six point four quarts of oil. 0:16:18.000 --> 0:16:23.040 How much is that gonna cost me? Full synthetic dudes like, well, 0:16:23.120 --> 0:16:26.240 it's gonna be eight nine and then it's ten dollars 0:16:26.320 --> 0:16:28.680 for every corp over that, so you know, and then 0:16:28.680 --> 0:16:30.680 you got the point four so it's gonna be fourteen 0:16:30.680 --> 0:16:33.400 more dollars. Okay, So basically I'm out the door there 0:16:33.440 --> 0:16:36.320 like a hundred and five bucks now an oil change 0:16:36.400 --> 0:16:39.120 for an oil change within with the filter, with the filter, 0:16:39.960 --> 0:16:45.360 but now Kirkland Costco brand Kirkland. Now you're talking about language. Yes, yes, 0:16:45.400 --> 0:16:48.000 it's aldimic oil because I would buy it if they do, 0:16:48.120 --> 0:16:50.360 they probably will. But so a year or so ago, 0:16:50.480 --> 0:16:53.080 Amazon came out with their own oils. It was like sweet, 0:16:53.120 --> 0:16:54.760 so I started to use them that. But then Man 0:16:54.920 --> 0:16:59.000 Costco came in and just blew Amazon out of the water. 0:16:59.040 --> 0:17:01.360 And so does it cost you? Now? So now I 0:17:01.400 --> 0:17:06.360 can get that done myself for about twenty three dollars 0:17:06.359 --> 0:17:08.880 three dollars so, and a lot of people are like, hey, 0:17:08.920 --> 0:17:12.760 it's not worth it, it's messy, you know, But to me, 0:17:13.280 --> 0:17:14.960 I would rather do that myself. It gives me a 0:17:15.040 --> 0:17:17.200 chance to get up underneath the car see if there's 0:17:17.240 --> 0:17:20.080 any other things going on. So it's not always about 0:17:20.080 --> 0:17:22.400 the money. It's about you know, checking in on things 0:17:22.440 --> 0:17:24.080 that are happening in my car. But yeah, I mean, 0:17:24.160 --> 0:17:25.680 you think about it. If you're the type of person 0:17:25.680 --> 0:17:30.359 that really values especially a full synthetic oil change, do 0:17:30.359 --> 0:17:32.280 it yourself. Save a lot of money. That's why I 0:17:32.359 --> 0:17:37.080 drive electric at all. Well, so you're talking about cars, 0:17:37.160 --> 0:17:38.720 let's let's sing it back towards houses. You know, when 0:17:38.720 --> 0:17:41.399 it comes to small home projects like a bathroom, you know, 0:17:41.480 --> 0:17:44.040 renovation or remodel, if we hire others to do the job, 0:17:44.160 --> 0:17:47.160 we're not necessarily going to see the return on our investment, 0:17:47.560 --> 0:17:49.320 you know, at least from a money standpoint, right, and 0:17:49.359 --> 0:17:51.919 so what like d I Y jobs will will have 0:17:52.000 --> 0:17:54.720 the best r o I for us when it's time 0:17:54.760 --> 0:17:56.760 for us to sell the house. You know, there's certain 0:17:56.760 --> 0:17:59.600 things that we can do and that we justify sometimes 0:17:59.600 --> 0:18:01.280 when we say that, oh, this is gonna be great 0:18:01.280 --> 0:18:03.399 for resale, when in reality is that's not going to 0:18:03.480 --> 0:18:06.439 be the case. So what projects would you recommend that 0:18:06.560 --> 0:18:10.120 do have a financial monetary reward down the road? Yeah, 0:18:10.119 --> 0:18:12.800 so no big surprise here, it's gonna be kitchens and bathrooms. 0:18:12.960 --> 0:18:15.639 I mean, and your listeners probably know that, they probably 0:18:15.640 --> 0:18:18.680 heard you say that before. But when you're breaking those 0:18:18.760 --> 0:18:22.080 kind of projects down and thinking about saving money. Uh, 0:18:22.119 --> 0:18:24.680