1 00:00:00,080 --> 00:00:02,639 Speaker 1: Welcome to How the Money. I'm Joel, I'm Matt. 2 00:00:02,720 --> 00:00:06,600 Speaker 2: Today we're talking about streaming sports, trade in trade offs, 3 00:00:06,920 --> 00:00:08,440 Speaker 2: and AI lies. 4 00:00:27,040 --> 00:00:30,120 Speaker 1: July. I prefer AI hallucinations as opposed to flat out 5 00:00:30,160 --> 00:00:33,360 Speaker 1: saying that AI is lying. But we'll get to what's 6 00:00:33,360 --> 00:00:35,400 Speaker 1: a lie man. In this case, we will get to 7 00:00:35,479 --> 00:00:37,640 Speaker 1: how it actually is lying. You want to talk about 8 00:00:37,640 --> 00:00:39,559 Speaker 1: something you got in the mail recently, tell me about it. 9 00:00:39,560 --> 00:00:41,279 Speaker 2: So I'm sure other people have gotten a mail are 10 00:00:41,280 --> 00:00:44,320 Speaker 2: like this, But there was a home warranty company sent 11 00:00:44,400 --> 00:00:47,120 Speaker 2: me something in the mail saying, hey, protect your stuff. 12 00:00:47,120 --> 00:00:49,960 Speaker 2: And actually what they said more than protect your stuff 13 00:00:50,600 --> 00:00:53,560 Speaker 2: specifically on the flyer was protect your budget with a 14 00:00:53,600 --> 00:00:54,200 Speaker 2: home warranty. 15 00:00:56,000 --> 00:00:58,639 Speaker 1: Oh, they're tapping into some of our language, right, that's 16 00:00:58,640 --> 00:01:01,120 Speaker 1: a term that we would use all that you got 17 00:01:01,120 --> 00:01:03,160 Speaker 1: a plan, you got a budget for these kind of expenses. 18 00:01:03,280 --> 00:01:05,720 Speaker 2: I was like, Oh, that's a pretty smart marketing tactic 19 00:01:06,040 --> 00:01:08,280 Speaker 2: because most people assume, oh, yeah, if I get the 20 00:01:08,319 --> 00:01:12,279 Speaker 2: home warranty and then my air conditioner, you know, bugs 21 00:01:12,319 --> 00:01:13,960 Speaker 2: out and I've got to replace it. Well, this home 22 00:01:14,000 --> 00:01:15,319 Speaker 2: warranty is going to be there to back me up, 23 00:01:15,400 --> 00:01:17,880 Speaker 2: or if it just needs repair, it's going to minimize 24 00:01:17,920 --> 00:01:20,560 Speaker 2: my repair costs. And so people might might read that 25 00:01:20,600 --> 00:01:22,760 Speaker 2: and might say, like, great, sign me up. What is 26 00:01:22,800 --> 00:01:25,760 Speaker 2: it five hundred bucks a year? Well, i'll probably you know, 27 00:01:26,000 --> 00:01:29,480 Speaker 2: get more than I'm that I'm paying to from that 28 00:01:29,520 --> 00:01:30,360 Speaker 2: home warranty service. 29 00:01:30,400 --> 00:01:32,120 Speaker 1: I don't do it. Truth is no, you know you 30 00:01:32,120 --> 00:01:35,320 Speaker 1: shouldn't be doing that. So what's what's so crafty? Language? Man? 31 00:01:35,360 --> 00:01:36,760 Speaker 1: It's the language. That's what I want to focus on 32 00:01:36,800 --> 00:01:39,759 Speaker 1: here is because what there is home shield is projecting 33 00:01:39,880 --> 00:01:43,160 Speaker 1: that you are responsible. You are a responsible citizen. Of 34 00:01:43,160 --> 00:01:45,440 Speaker 1: course you have been budgeting for some of the different 35 00:01:45,440 --> 00:01:47,560 Speaker 1: expenses you have in your life, but there are things 36 00:01:47,560 --> 00:01:50,200 Speaker 1: outside of that that will blow your budget. And so 37 00:01:51,000 --> 00:01:53,280 Speaker 1: you read that and you think, oh, yeah, somehow they 38 00:01:53,320 --> 00:01:55,560 Speaker 1: have made me feel good about myself. Just buy the 39 00:01:55,640 --> 00:01:58,480 Speaker 1: language that they've used. Yeah, they're assuming, assuming the best. 40 00:01:58,720 --> 00:02:00,240 Speaker 2: And we've talked about the store on the show. Just 41 00:02:00,240 --> 00:02:03,120 Speaker 2: what these home warranties do. How one, it's really hard 42 00:02:03,120 --> 00:02:06,720 Speaker 2: to get an actual replacement. How sometimes the repairs can 43 00:02:06,760 --> 00:02:09,080 Speaker 2: take a really long time, like they're not very. 44 00:02:09,000 --> 00:02:11,800 Speaker 1: Responsive, assuming that they don't deny the claim, right, Yeah, 45 00:02:11,919 --> 00:02:12,520 Speaker 1: it's not good. 46 00:02:12,639 --> 00:02:15,440 Speaker 2: There are typically fees associated with trying to get those 47 00:02:15,440 --> 00:02:19,240 Speaker 2: repair people out as well. So what's covered, what's not? Like, 48 00:02:19,280 --> 00:02:22,320 Speaker 2: it's just better to have money in your emergency fund 49 00:02:22,400 --> 00:02:25,239 Speaker 2: and not trust that one of these home warranty companies 50 00:02:25,360 --> 00:02:26,959 Speaker 2: is going to save your bacon and save your budget. 51 00:02:27,000 --> 00:02:28,800 Speaker 1: Totally agree. Okay, while we're talking about home stuff, I'm 52 00:02:28,800 --> 00:02:30,600 Speaker 1: going to give a quick little update on our home 53 00:02:30,720 --> 00:02:33,760 Speaker 1: addition renovation because we're getting really close to the end 54 00:02:33,800 --> 00:02:36,240 Speaker 1: of it, and recently we were we were talking about 55 00:02:36,280 --> 00:02:38,880 Speaker 1: home expenses that kind of stuff, and dude, I am 56 00:02:38,919 --> 00:02:41,640 Speaker 1: proud to say that. So we've got an awesome contractor 57 00:02:41,880 --> 00:02:45,000 Speaker 1: and we have come under budget. Wow, have you ever 58 00:02:45,040 --> 00:02:47,760 Speaker 1: heard of that renovation or audition coming under budget? No, 59 00:02:47,800 --> 00:02:49,960 Speaker 1: it's usually six months longer and what twenty percent over 60 00:02:50,120 --> 00:02:52,720 Speaker 1: and to cap it off, it was done sooner than 61 00:02:52,880 --> 00:02:56,440 Speaker 1: they had originally planned. Man, which granted, like we're still 62 00:02:56,480 --> 00:02:58,480 Speaker 1: punch listing stuff, but I'm going by when were we 63 00:02:58,560 --> 00:03:00,680 Speaker 1: able to occupy that space. I know that they're going 64 00:03:00,720 --> 00:03:02,000 Speaker 1: to be small things here and there that we have 65 00:03:02,040 --> 00:03:05,359 Speaker 1: to address, but the overall timeframe and as far as 66 00:03:05,440 --> 00:03:08,600 Speaker 1: coming under budget, not just like fifty bucks or something 67 00:03:08,639 --> 00:03:11,280 Speaker 1: like a significant amount, significant enough for me to take 68 00:03:11,360 --> 00:03:15,480 Speaker 1: note and I will give our contractor his due right. 69 00:03:15,800 --> 00:03:17,480 Speaker 1: The fact that they were able to get some quotes 70 00:03:17,560 --> 00:03:20,120 Speaker 1: and to realistically plan for what some of these expenses are, right, 71 00:03:20,120 --> 00:03:22,160 Speaker 1: I think that's a big part of it. But also 72 00:03:22,880 --> 00:03:26,440 Speaker 1: Kate and I at every chance, we could purchase things 73 00:03:26,560 --> 00:03:29,680 Speaker 1: ourselves as opposed to letting the contractor purchase them going 74 00:03:29,680 --> 00:03:34,600 Speaker 1: through the usual distributors, sources, different companies that they typically use. 75 00:03:34,680 --> 00:03:36,320 Speaker 1: Could you were able to get better deals, Yes, to 76 00:03:36,360 --> 00:03:38,720 Speaker 1: get better deals, and so at every I mean because 77 00:03:38,760 --> 00:03:41,120 Speaker 1: they are just constantly buying stuff. They find it, they 78 00:03:41,280 --> 00:03:43,800 Speaker 1: order it, it's shipped to the house they're looking to make, 79 00:03:43,880 --> 00:03:45,440 Speaker 1: and that's a big part of how things are able 80 00:03:45,520 --> 00:03:48,800 Speaker 1: to move quickly. Right. But the ability to save one 81 00:03:48,840 --> 00:03:51,560 Speaker 1: hundred bucks here, one hundred bucks there, five hundred bucks here, 82 00:03:51,560 --> 00:03:54,000 Speaker 1: five hundred bucks there. I think that also had a 83 00:03:54,000 --> 00:03:55,760 Speaker 1: lot to do with why we were able to save 84 00:03:55,800 --> 00:03:58,280 Speaker 1: some money. And specifically, I will say one of those 85 00:03:58,280 --> 00:03:59,760 Speaker 1: things that we purchased ourselves, that was one of the 86 00:03:59,800 --> 00:04:03,000 Speaker 1: big items. So we built out a studio, an art 87 00:04:03,000 --> 00:04:05,760 Speaker 1: studio for Kate. We wanted to get some counters in there. 88 00:04:05,960 --> 00:04:09,400 Speaker 1: You've seen it looks pretty solid, right, and a we 89 00:04:09,440 --> 00:04:12,840 Speaker 1: didn't go with like the faancier counter company that the 90 00:04:12,880 --> 00:04:14,920 Speaker 1: contractors used to going to. So we went to more 91 00:04:15,200 --> 00:04:17,680 Speaker 1: i don't know, maybe more of a discount the big lots. 92 00:04:17,920 --> 00:04:20,120 Speaker 1: That's the fly of counter companies. But then on top 93 00:04:20,160 --> 00:04:23,400 Speaker 1: of that, we we searched the yard, the lot or 94 00:04:23,400 --> 00:04:25,440 Speaker 1: whatever where they've got all the slabs, and we found 95 00:04:25,520 --> 00:04:28,600 Speaker 1: this piece of stone that looked awesome, but you could 96 00:04:28,600 --> 00:04:30,440 Speaker 1: tell had been sitting there for a long time. It's 97 00:04:30,520 --> 00:04:32,720 Speaker 1: kind of busted up on the sides, it's real dirty, 98 00:04:33,000 --> 00:04:35,200 Speaker 1: looked like even there's some staining. And they're like, oh, no, no, no, 99 00:04:35,240 --> 00:04:37,480 Speaker 1: all that will come out, and in fact, we'll give 100 00:04:37,520 --> 00:04:39,559 Speaker 1: you a discount as well. And so we're like, all right, 101 00:04:39,640 --> 00:04:41,120 Speaker 1: they cleaned it up, and guess what, some of that 102 00:04:41,120 --> 00:04:43,160 Speaker 1: staining didn't come out, and so we were able to 103 00:04:43,200 --> 00:04:45,200 Speaker 1: talk them down even more and it ended up paying 104 00:04:45,240 --> 00:04:48,520 Speaker 1: like less than half of what that stone per square 105 00:04:48,560 --> 00:04:50,320 Speaker 1: Originally it was like one thirty a square foot and 106 00:04:50,560 --> 00:04:53,240 Speaker 1: thirty five, and we got that junk for sixty dollars 107 00:04:53,360 --> 00:04:56,400 Speaker 1: a square foot. Great, I mean that's like a two thousand, 108 00:04:56,640 --> 00:04:59,480 Speaker 1: you know, one fifteen two thousand dollars wigs, yeah, right there. 109 00:04:59,760 --> 00:05:02,080 Speaker 1: One yeah. So it's a little bit more of a 110 00:05:02,080 --> 00:05:04,720 Speaker 1: hassle for folks to do some of that work. Right, 111 00:05:04,800 --> 00:05:07,480 Speaker 1: you're placing those orders, but like, it's not too difficult 112 00:05:07,480 --> 00:05:10,400 Speaker 1: to search some of the different lighting fixtures or plumbing 113 00:05:10,440 --> 00:05:11,760 Speaker 1: fixtures to save a buck. 114 00:05:11,800 --> 00:05:14,159 Speaker 2: Well, your in there East Wing looks amazing. 115 00:05:14,240 --> 00:05:17,240 Speaker 1: It's uh, we're finally getting to enjoy it, which is 116 00:05:17,320 --> 00:05:18,559 Speaker 1: it's a ton of fun. That's nice. 117 00:05:18,920 --> 00:05:21,200 Speaker 2: All right, let's get to the Friday flights, the stories 118 00:05:21,240 --> 00:05:23,479 Speaker 2: we found interesting this week, and how they pertain to 119 00:05:23,520 --> 00:05:27,600 Speaker 2: your finances. Matt, let's start off talking about streaming. ESPN 120 00:05:27,720 --> 00:05:30,520 Speaker 2: is launching its first streaming service. They announced this week 121 00:05:30,560 --> 00:05:33,640 Speaker 2: they're trying to appeal to cord cutters, which is most people. 122 00:05:34,760 --> 00:05:38,000 Speaker 2: I don't think I know anybody who still pays for 123 00:05:38,120 --> 00:05:38,800 Speaker 2: cable every month. 124 00:05:39,120 --> 00:05:41,240 Speaker 1: What about your folks? No, no, they're done with it too. 125 00:05:42,200 --> 00:05:43,720 Speaker 1: They finally did it, because that's how I used to 126 00:05:43,720 --> 00:05:45,640 Speaker 1: watch soccer. Yeah, back in the day, I know, right, 127 00:05:45,680 --> 00:05:47,960 Speaker 1: we log it under their stuff occasionally, but now I 128 00:05:48,320 --> 00:05:50,240 Speaker 1: swear it like and maybe I'm sure I do know 129 00:05:50,279 --> 00:05:52,200 Speaker 1: somebody who has cable, but I don't hear them talk 130 00:05:52,240 --> 00:05:54,560 Speaker 1: about it. And so every person you talk to for 131 00:05:55,120 --> 00:05:57,280 Speaker 1: the rest of this weekend, right, make that be your 132 00:05:57,279 --> 00:05:59,279 Speaker 1: first question. I was just asking, like, I gotta find 133 00:05:59,279 --> 00:06:00,159 Speaker 1: somebody that's. 134 00:06:00,120 --> 00:06:02,480 Speaker 2: The bane of most people's existence, though, is that it's 135 00:06:02,520 --> 00:06:04,640 Speaker 2: been harder, Like you got to have cable if you 136 00:06:04,640 --> 00:06:08,080 Speaker 2: want Espn because ESPN Plus apparently was like trash. I 137 00:06:08,120 --> 00:06:10,640 Speaker 2: don't know, I don't really watch sports much anymore. But 138 00:06:11,279 --> 00:06:12,840 Speaker 2: it's not gonna be cheap, of course, because like when 139 00:06:12,839 --> 00:06:16,320 Speaker 2: you're talking about the cable package, ESPN commanded a huge 140 00:06:16,360 --> 00:06:19,480 Speaker 2: percentage based on like the number of channels that were there. Well, 141 00:06:19,680 --> 00:06:22,600 Speaker 2: ESPN got a big payout every time a cable package 142 00:06:22,640 --> 00:06:24,640 Speaker 2: was sold. Well, you're gonna pay, if you want to 143 00:06:24,680 --> 00:06:27,240 Speaker 2: pay Espn directly for the privilege of streaming their content 144 00:06:27,680 --> 00:06:30,680 Speaker 2: thirty bucks a month. If you want to toss in 145 00:06:30,920 --> 00:06:33,559 Speaker 2: Disney Plus and Hulu, you're talking thirty six dollars a month. 146 00:06:34,040 --> 00:06:37,520 Speaker 2: And maybe maybe this is worth it for diehard sports nuts, 147 00:06:38,440 --> 00:06:39,800 Speaker 2: but it's a high price to pay if you want 148 00:06:39,839 --> 00:06:42,160 Speaker 2: to watch sports like basketball and football. And I think 149 00:06:42,160 --> 00:06:44,880 Speaker 2: the problem here too, Matt, is that there there's still 150 00:06:44,880 --> 00:06:47,480 Speaker 2: a lot of sports programming you're missing out on, even 151 00:06:47,520 --> 00:06:48,120 Speaker 2: if you sign. 152 00:06:48,000 --> 00:06:50,479 Speaker 1: Up for the business fully encompassing of all the sports that 153 00:06:50,520 --> 00:06:50,960 Speaker 1: someone might wan. 154 00:06:51,040 --> 00:06:53,080 Speaker 2: If it was like all the sports I could ever 155 00:06:53,120 --> 00:06:55,800 Speaker 2: want to watch for thirty bucks a month, I'd be like, yeah, okay, yeah, 156 00:06:55,800 --> 00:06:57,599 Speaker 2: I might be up for that. But the truth is 157 00:06:57,720 --> 00:07:01,600 Speaker 2: we're still talking about like regional sports packages for baseball. 158 00:07:01,720 --> 00:07:04,279 Speaker 2: We're still talking about MLS which is on Apple Plus, 159 00:07:04,279 --> 00:07:06,839 Speaker 2: which if you want to watch the European soccer matches, 160 00:07:06,880 --> 00:07:09,800 Speaker 2: you're talking about going with another streaming services. NFL games 161 00:07:09,800 --> 00:07:13,000 Speaker 2: now being spread around to different channels and other streaming 162 00:07:13,000 --> 00:07:16,680 Speaker 2: services too. So core cutting just used to be the 163 00:07:16,680 --> 00:07:20,600 Speaker 2: no brainer way to save money. But with the stratification 164 00:07:20,640 --> 00:07:24,120 Speaker 2: of streaming and more and more a proliferation of streaming services, 165 00:07:24,360 --> 00:07:25,200 Speaker 2: you have to be careful. 166 00:07:25,280 --> 00:07:26,920 Speaker 1: Could you could spend more than you used to spend 167 00:07:26,960 --> 00:07:29,520 Speaker 1: for cable. That is very true, man. So on the 168 00:07:29,560 --> 00:07:33,360 Speaker 1: opposite end of the spectrum going irl in real life 169 00:07:33,360 --> 00:07:36,720 Speaker 1: there to see a movie is getting cheaper, not more expensive. Joel. 170 00:07:36,720 --> 00:07:39,320 Speaker 1: The Journal, they had an article about the cult of 171 00:07:39,520 --> 00:07:43,320 Speaker 1: AMC Stubbs memberships, and I hadn't even heard of this 172 00:07:43,400 --> 00:07:45,200 Speaker 1: membership until I read this article. I can't tell you 173 00:07:45,200 --> 00:07:46,800 Speaker 1: the last time I went to see a movie. People 174 00:07:46,880 --> 00:07:50,640 Speaker 1: who have this membership evidently they love it. And what 175 00:07:50,720 --> 00:07:53,160 Speaker 1: it does is it allows them to watch four movies 176 00:07:53,200 --> 00:07:55,760 Speaker 1: a week for the monthly price of twenty six bucks, 177 00:07:56,040 --> 00:07:58,640 Speaker 1: which is actually a pretty good deal for a week, 178 00:07:58,640 --> 00:08:01,720 Speaker 1: which is like sixteen of them. That's a lot of 179 00:08:01,720 --> 00:08:04,600 Speaker 1: time in the movie theater price standpoint, it's actually a 180 00:08:04,600 --> 00:08:07,480 Speaker 1: pretty good deal given how much movie tickets cost these days. 181 00:08:07,480 --> 00:08:09,520 Speaker 1: But the problem is, like you said, the fact that 182 00:08:09,560 --> 00:08:12,760 Speaker 1: it's for what, four movies are out there that do 183 00:08:12,840 --> 00:08:13,600 Speaker 1: you even want to see? 184 00:08:13,640 --> 00:08:16,000 Speaker 2: Like all year, are there that many new movies coming 185 00:08:16,000 --> 00:08:16,800 Speaker 2: out every single. 186 00:08:16,600 --> 00:08:19,080 Speaker 1: Actually, did you hear Derek friend of the show, Derek 187 00:08:19,120 --> 00:08:21,280 Speaker 1: Thompson talked with somebody that wrote an article for The 188 00:08:21,280 --> 00:08:23,760 Speaker 1: Atlantic talking about pop culture these days? Did you hear 189 00:08:23,800 --> 00:08:26,560 Speaker 1: did you hear that alisode or read that article? Fascinating, 190 00:08:26,600 --> 00:08:29,800 Speaker 1: super fascinating, talking about how is pop culture the worst 191 00:08:29,840 --> 00:08:33,000 Speaker 1: it's ever been? And you know, and they go back 192 00:08:33,040 --> 00:08:35,120 Speaker 1: and forth and they're like, well, no, like artists back 193 00:08:35,120 --> 00:08:37,160 Speaker 1: in the day, when they first were on the scene, 194 00:08:37,200 --> 00:08:39,079 Speaker 1: people didn't like them and it wasn't until after that, 195 00:08:39,360 --> 00:08:42,080 Speaker 1: after the fact, blah blah blah. But you can't argue 196 00:08:42,120 --> 00:08:44,319 Speaker 1: the fact, like if you look back at movies specifically 197 00:08:44,800 --> 00:08:46,680 Speaker 1: thirty years ago. Like if you look back at to 198 00:08:46,760 --> 00:08:49,440 Speaker 1: like nineteen ninety four, guess with the top what the 199 00:08:49,480 --> 00:08:52,840 Speaker 1: top grossing box office movies were in ninety four? There 200 00:08:52,880 --> 00:08:56,200 Speaker 1: were movies like The Lion King, like the original Lion King, 201 00:08:56,320 --> 00:08:59,760 Speaker 1: Lion King, Forrest Gump. What else was dumb and dumber 202 00:08:59,880 --> 00:09:05,000 Speaker 1: was in nineteen ninety Classics, All Speed, Donna Raves, Dude, 203 00:09:05,120 --> 00:09:07,560 Speaker 1: amazing movies. These were all original movies and we're just 204 00:09:07,600 --> 00:09:10,559 Speaker 1: remaking up. They're all remakes. So last year, so twenty 205 00:09:10,640 --> 00:09:13,880 Speaker 1: twenty four, I haven't readmade for us comput it's coming. 206 00:09:13,960 --> 00:09:17,600 Speaker 1: They'll do it with his son. Yeah. But thirty years later, 207 00:09:18,000 --> 00:09:20,680 Speaker 1: all of the top grossing movies in the box office 208 00:09:21,000 --> 00:09:27,960 Speaker 1: were sequels. You're Indespicable, Mefour Mwana to Godzilla whatever. Like 209 00:09:28,240 --> 00:09:31,120 Speaker 1: it's crazy how we are addicted to sequels, that there 210 00:09:31,160 --> 00:09:35,680 Speaker 1: is just so attention being given two new ideas. Yes, 211 00:09:35,760 --> 00:09:37,400 Speaker 1: and some of it has to We were just talking 212 00:09:37,400 --> 00:09:40,000 Speaker 1: about this how it's somewhat of a reflection of us 213 00:09:40,040 --> 00:09:42,160 Speaker 1: as a society, Like we don't have the stomach, we 214 00:09:42,160 --> 00:09:44,200 Speaker 1: don't have the patience to be able to sit down 215 00:09:44,240 --> 00:09:47,400 Speaker 1: and experience something new. We're not contemplative enough as opposed 216 00:09:47,440 --> 00:09:49,319 Speaker 1: to being like, well i've heard of that, just give 217 00:09:49,360 --> 00:09:51,560 Speaker 1: me the second version of that. So maybe this is 218 00:09:51,760 --> 00:09:56,120 Speaker 1: a criticism of culture at large as opposed to AMC specific. 219 00:09:56,320 --> 00:09:58,240 Speaker 2: So it's like, the pricing's pretty good, the pricing is great, 220 00:09:58,240 --> 00:10:01,439 Speaker 2: but is there enough watching that you're willing to pay 221 00:10:01,480 --> 00:10:03,160 Speaker 2: the price? I guess maybe if you want to see 222 00:10:03,160 --> 00:10:06,000 Speaker 2: fewer movies but you want to discount that. The AMC 223 00:10:06,120 --> 00:10:08,360 Speaker 2: announced that this summer they're going to be doing fifty 224 00:10:08,400 --> 00:10:11,520 Speaker 2: percent off on Wednesdays. So instead of feeling like, all right, 225 00:10:11,520 --> 00:10:13,720 Speaker 2: I pay this monthly fee, now I gotta go see 226 00:10:13,720 --> 00:10:17,480 Speaker 2: as many movies as peas. Yeah, just go, I don't know, 227 00:10:17,520 --> 00:10:19,960 Speaker 2: watch a movie on Wednesdays once or twice a month. 228 00:10:20,000 --> 00:10:21,280 Speaker 2: And that's a free membership. 229 00:10:21,320 --> 00:10:23,160 Speaker 1: So that's right. It's it's the free tier gives you 230 00:10:23,200 --> 00:10:24,520 Speaker 1: that discount. That's right. That's nice. 231 00:10:24,559 --> 00:10:28,640 Speaker 2: All right, So, Matt, it turns out Max, the streaming 232 00:10:28,679 --> 00:10:32,480 Speaker 2: service is going back to being called HBO Max. They 233 00:10:32,559 --> 00:10:34,520 Speaker 2: just announced that, which I think makes a whole lot 234 00:10:34,520 --> 00:10:36,520 Speaker 2: of sense because HBO just had a whole lot of 235 00:10:36,559 --> 00:10:38,800 Speaker 2: name cache all. 236 00:10:38,960 --> 00:10:41,199 Speaker 1: So many great shows are on Hbo, right, does it? 237 00:10:41,240 --> 00:10:43,439 Speaker 1: Did it stand for a home Box office. It didn't. Okay, 238 00:10:43,480 --> 00:10:46,560 Speaker 1: that's right, So like, what does HBO even mean, right, 239 00:10:46,600 --> 00:10:49,040 Speaker 1: because I know what Max means, but HBO is just 240 00:10:49,080 --> 00:10:51,000 Speaker 1: a company. Well yeah, so I think it makes sense 241 00:10:51,000 --> 00:10:53,280 Speaker 1: the're going back to HBO Max. But this leads me 242 00:10:53,440 --> 00:10:57,040 Speaker 1: to another story that we saw this week about something 243 00:10:57,040 --> 00:11:01,480 Speaker 1: called set jetting. It's a new trial trend where basically 244 00:11:01,520 --> 00:11:04,720 Speaker 1: people want to travel to hit up destinations that have 245 00:11:04,800 --> 00:11:07,560 Speaker 1: been featured in prestige TV shows. Yeah, not to be 246 00:11:07,679 --> 00:11:11,360 Speaker 1: confused with jet setting, yes, but set jetting said a 247 00:11:11,360 --> 00:11:14,920 Speaker 1: little play on words, you're flying to the sets of 248 00:11:14,960 --> 00:11:17,640 Speaker 1: your favorite show or yeah, movie exactly. 249 00:11:17,720 --> 00:11:20,959 Speaker 2: So White Lotus I think is the main inspiration for people. 250 00:11:21,000 --> 00:11:22,800 Speaker 2: I think what they just had the third season of 251 00:11:22,800 --> 00:11:25,400 Speaker 2: White Lotus, which I haven't seen, but that that is 252 00:11:25,440 --> 00:11:27,319 Speaker 2: like the main culprit show because it's set in these 253 00:11:27,360 --> 00:11:31,559 Speaker 2: like fantastic four seasons resorts in different parts of the world, 254 00:11:31,600 --> 00:11:33,520 Speaker 2: so that there was one in Hawaii than one I 255 00:11:33,520 --> 00:11:36,000 Speaker 2: believe season two was maybe in Sicily, and then the 256 00:11:36,000 --> 00:11:38,880 Speaker 2: most recent was in Thailand. And so instead of just 257 00:11:38,920 --> 00:11:42,559 Speaker 2: going to a general cool resort in Thailand, now it's like, no, 258 00:11:42,640 --> 00:11:44,199 Speaker 2: I want to go to that one where my show 259 00:11:44,720 --> 00:11:47,800 Speaker 2: was filmed, and apparently the article made it sound like 260 00:11:47,880 --> 00:11:49,920 Speaker 2: this goes back to the sound of music, which boosted 261 00:11:49,920 --> 00:11:52,920 Speaker 2: travel to Austria back in the day, such. 262 00:11:52,800 --> 00:11:54,640 Speaker 1: So much more wholesome, though it doesn't it he does. 263 00:11:54,880 --> 00:11:57,040 Speaker 2: Well, I have a friend who's super into Lord of 264 00:11:57,040 --> 00:11:58,880 Speaker 2: the Rings and has gone to New Zealand for the 265 00:11:58,960 --> 00:12:02,320 Speaker 2: second time to kind of some Lord of the Rings 266 00:12:02,600 --> 00:12:07,120 Speaker 2: hiking by travel thing. Yeah, Hobbiting, going to Hobiting and 267 00:12:07,280 --> 00:12:10,240 Speaker 2: checking it out like he loves that. So but the 268 00:12:10,320 --> 00:12:13,600 Speaker 2: problem I think with traveling to a trendy spot, particularly 269 00:12:13,600 --> 00:12:16,640 Speaker 2: something like that was recently featured in a movie or 270 00:12:16,760 --> 00:12:18,400 Speaker 2: TV show, is that it's not going to come cheap 271 00:12:18,679 --> 00:12:22,880 Speaker 2: because demand is out the wazoo. I'm all about finding 272 00:12:22,960 --> 00:12:25,520 Speaker 2: ways to get a good deal and then figuring out 273 00:12:25,559 --> 00:12:27,479 Speaker 2: why it's so great. I think it's a better methodology. 274 00:12:27,520 --> 00:12:29,240 Speaker 2: Instead of saying I really got to stay at that 275 00:12:29,280 --> 00:12:32,680 Speaker 2: resort and I'll pay whatever it costs, take the opposite approach, right, 276 00:12:33,320 --> 00:12:36,080 Speaker 2: If you say, well, where's the good deal, and then 277 00:12:36,120 --> 00:12:38,040 Speaker 2: why do I want to go there? That's what's typically 278 00:12:38,080 --> 00:12:41,440 Speaker 2: going to help you save money on travel. This set 279 00:12:41,559 --> 00:12:43,760 Speaker 2: jetting sort of mindset. 280 00:12:43,800 --> 00:12:45,320 Speaker 1: It's going to cost you so much more money. 281 00:12:45,400 --> 00:12:48,680 Speaker 2: It makes sense. It feels so American right now. But yeah, 282 00:12:48,760 --> 00:12:51,679 Speaker 2: if you can like zig and do something different. 283 00:12:51,440 --> 00:12:52,959 Speaker 1: No, I think that's what it comes down to, Like 284 00:12:53,480 --> 00:12:55,600 Speaker 1: you need a zag while everyone else is zigging, right, 285 00:12:55,640 --> 00:12:58,760 Speaker 1: Like zigging comes first, So like while everyone's zigging, use 286 00:12:58,840 --> 00:13:01,439 Speaker 1: ag because that's the thing. Like I picture a bell 287 00:13:01,480 --> 00:13:03,600 Speaker 1: curve and like right and like right in the middle 288 00:13:03,600 --> 00:13:05,400 Speaker 1: of that bell curve is where everyone is spending the 289 00:13:05,480 --> 00:13:07,440 Speaker 1: absolute most money. And I think what you need to 290 00:13:07,440 --> 00:13:09,640 Speaker 1: do is either be ahead of the bell curve, which 291 00:13:09,679 --> 00:13:12,880 Speaker 1: means just going somewhere because you like it, like personally, 292 00:13:13,000 --> 00:13:15,160 Speaker 1: you find it intriguing, You're like this, this seems awesome, 293 00:13:15,520 --> 00:13:16,920 Speaker 1: or you need to be behind the bell curve. You 294 00:13:16,920 --> 00:13:18,679 Speaker 1: need to be on the tail end, which means you 295 00:13:18,720 --> 00:13:20,360 Speaker 1: just wait a little bit and you just have to 296 00:13:20,400 --> 00:13:22,800 Speaker 1: be okay with the fact that and then you go 297 00:13:22,800 --> 00:13:24,400 Speaker 1: to time. Everyone else is going to Thailand right now, 298 00:13:24,400 --> 00:13:26,760 Speaker 1: I'm just gonna like play it local or maybe now 299 00:13:26,840 --> 00:13:29,079 Speaker 1: is the time to go to Sicily or something like that. 300 00:13:29,160 --> 00:13:31,800 Speaker 1: But yeah, it's it's funny too, like the fact that 301 00:13:31,840 --> 00:13:34,319 Speaker 1: you mentioned the sound of music because we like, on 302 00:13:34,320 --> 00:13:36,360 Speaker 1: one hand, it seems like a new trend, but it 303 00:13:36,400 --> 00:13:38,480 Speaker 1: isn't a new trend. Like we are always going to 304 00:13:38,480 --> 00:13:41,160 Speaker 1: be impacted by different things. We are going to find inspiration, 305 00:13:41,200 --> 00:13:44,320 Speaker 1: whether it's from books we read, things that happen in history, 306 00:13:44,360 --> 00:13:47,760 Speaker 1: like why there's a reason why there are like battlefield 307 00:13:47,800 --> 00:13:50,599 Speaker 1: parks and historic monuments and places that we go to 308 00:13:50,679 --> 00:13:52,680 Speaker 1: visit to learn about history. But it's just a matter 309 00:13:52,720 --> 00:13:55,920 Speaker 1: of avoiding the crowds and if everyone else is going 310 00:13:55,920 --> 00:13:58,760 Speaker 1: to those things at certain points in time for whatever reason, 311 00:13:58,760 --> 00:14:01,400 Speaker 1: whether it's being featured pop culture or because it's the 312 00:14:01,400 --> 00:14:03,440 Speaker 1: time of year that everyone goes and does this thing. 313 00:14:03,480 --> 00:14:06,120 Speaker 1: It makes me think of like Yosemite when the waterfall, 314 00:14:06,360 --> 00:14:09,080 Speaker 1: I figure, the waterfall of Fire or whatever it's called, 315 00:14:09,160 --> 00:14:11,720 Speaker 1: Like that's a popular time because everyone wants to see that. 316 00:14:11,960 --> 00:14:15,320 Speaker 1: And okay, if that's a bucket list item, but maybe 317 00:14:15,520 --> 00:14:17,120 Speaker 1: if you don't really care about that, that's something you 318 00:14:17,120 --> 00:14:19,400 Speaker 1: can avoid and you'll certainly save money while doing that. 319 00:14:19,440 --> 00:14:21,160 Speaker 2: Yeah, I think you're kind of just hinting it, like 320 00:14:21,160 --> 00:14:23,440 Speaker 2: shoulder season, right, Hey, look to other times of year, 321 00:14:23,800 --> 00:14:25,720 Speaker 2: and I know it's it's not always easy when you 322 00:14:25,800 --> 00:14:28,200 Speaker 2: have kids in school and stuff like that, but yeah, 323 00:14:28,240 --> 00:14:30,880 Speaker 2: shoulder season versus prime travel season. Not only you get 324 00:14:30,920 --> 00:14:32,280 Speaker 2: to save money, but you avoid the crowds too. 325 00:14:32,400 --> 00:14:34,680 Speaker 1: All right, Joel, So we've talked about flying places, which, 326 00:14:34,680 --> 00:14:37,000 Speaker 1: by the way, we haven't even talked about the radar 327 00:14:37,040 --> 00:14:40,760 Speaker 1: outages at the different airports. Well freaky, isn't it. Yeah, 328 00:14:40,840 --> 00:14:43,440 Speaker 1: New York's enough time. I don't have you. Evidently something 329 00:14:43,440 --> 00:14:46,960 Speaker 1: like that happened at the Atlanta Airport last week, or 330 00:14:47,000 --> 00:14:49,120 Speaker 1: maybe it was earlier this week. Yeah, kind of freaky. Yeah, 331 00:14:49,160 --> 00:14:51,440 Speaker 1: don't know enough to actually comment. But let's talk about 332 00:14:51,520 --> 00:14:55,720 Speaker 1: not flying places driving places. We're gonna talk about cars, Joel. 333 00:14:56,600 --> 00:14:59,680 Speaker 1: Half of new car purchases involved the trade in of 334 00:14:59,720 --> 00:15:03,120 Speaker 1: an a car, which makes sense, but remember that you 335 00:15:03,160 --> 00:15:05,960 Speaker 1: are almost always getting paid less for that car than 336 00:15:06,000 --> 00:15:08,840 Speaker 1: you would have received had you sold it privately. Uh. 337 00:15:08,880 --> 00:15:12,040 Speaker 1: And of course you've got a company stepping in the void, Carvana. 338 00:15:12,080 --> 00:15:15,040 Speaker 1: They're trying to convince folks to sell their car directly 339 00:15:15,080 --> 00:15:18,400 Speaker 1: to them instead of DIY selling it as well. They're 340 00:15:18,440 --> 00:15:20,680 Speaker 1: sending direct emails and hopes that you're going to get 341 00:15:20,720 --> 00:15:23,480 Speaker 1: excited about the possibility of selling your your used ride 342 00:15:23,600 --> 00:15:25,960 Speaker 1: upgrading to something nicer. Makes me think about the mail 343 00:15:26,040 --> 00:15:28,560 Speaker 1: or please email, it's like, please sell me your car. Yeah, 344 00:15:28,600 --> 00:15:30,520 Speaker 1: because they're like, hey, we need we need more supply 345 00:15:30,680 --> 00:15:31,720 Speaker 1: on some more inventory. 346 00:15:31,880 --> 00:15:34,960 Speaker 2: Maybe you're the sucker. Maybe this email is going to entice. 347 00:15:34,680 --> 00:15:37,280 Speaker 1: You don't do it. And this isn't because we hate Carvana. 348 00:15:37,800 --> 00:15:39,560 Speaker 1: I think they're fine for some things. I actually purchased 349 00:15:39,600 --> 00:15:43,000 Speaker 1: a vehicle from them seven years ago. Now a great experience, 350 00:15:43,760 --> 00:15:45,680 Speaker 1: and I don't think it can hurt either to get 351 00:15:45,720 --> 00:15:47,080 Speaker 1: a quick quote. I think it can be a great 352 00:15:47,080 --> 00:15:49,040 Speaker 1: spot to say, all right, let's just kind of see 353 00:15:49,240 --> 00:15:51,840 Speaker 1: it's like the first piece of data, right, like the 354 00:15:51,880 --> 00:15:55,240 Speaker 1: first data entry. But then after that, look at Kelly bluebook, 355 00:15:55,640 --> 00:15:58,760 Speaker 1: head over to Edmonds. Because the offer from Carvana could 356 00:15:58,760 --> 00:16:01,280 Speaker 1: be a low ball offer, and of course listing it 357 00:16:01,360 --> 00:16:04,240 Speaker 1: yourself on like Facebook, Marketplace or auto trader, it can 358 00:16:04,280 --> 00:16:07,000 Speaker 1: be well worth the effort to sell it because I 359 00:16:07,000 --> 00:16:10,120 Speaker 1: think there's a good chance you're gonna receive thousands more. 360 00:16:11,120 --> 00:16:13,760 Speaker 1: It's just an interesting thing that Carvana is stepping in 361 00:16:14,120 --> 00:16:16,840 Speaker 1: to be able to provide a frictionless sort of environment. 362 00:16:17,640 --> 00:16:19,800 Speaker 1: Carvana isn't ripping you. I don't want to at all 363 00:16:19,800 --> 00:16:22,040 Speaker 1: a disparaged Carvana. They are providing a service. They are 364 00:16:22,040 --> 00:16:25,440 Speaker 1: making life easy for you. It's incredibly convenient to go 365 00:16:25,520 --> 00:16:27,560 Speaker 1: with them, but what are you willing to pay? Right 366 00:16:27,600 --> 00:16:30,200 Speaker 1: and like always like everything, like even if you want 367 00:16:30,240 --> 00:16:33,240 Speaker 1: to fly to Thailand and stay at the Four Seasons, 368 00:16:33,440 --> 00:16:35,800 Speaker 1: more power to you, but just know that you're going 369 00:16:35,880 --> 00:16:37,920 Speaker 1: to be forking out much more money to do that, 370 00:16:38,080 --> 00:16:40,120 Speaker 1: just like you're going to be paid much less money 371 00:16:40,600 --> 00:16:42,840 Speaker 1: for your trade in where you to upgrade anytime. 372 00:16:43,080 --> 00:16:44,680 Speaker 2: It feels like convenience is the name of the game 373 00:16:44,840 --> 00:16:47,280 Speaker 2: for companies these days. They're like, how can we make 374 00:16:47,320 --> 00:16:50,240 Speaker 2: your life more convenient? But there's an extraction that takes 375 00:16:50,240 --> 00:16:52,840 Speaker 2: place when you make your life more convenient. And I'm 376 00:16:52,840 --> 00:16:54,960 Speaker 2: not saying that it's not worth paying for sometimes, but 377 00:16:55,000 --> 00:16:57,440 Speaker 2: you have to be thoughtful about that because it's also. 378 00:16:57,360 --> 00:16:59,240 Speaker 1: You can't convenience everything right, you know. 379 00:16:59,280 --> 00:17:02,080 Speaker 2: And at some point, if you do convenience everything, you're 380 00:17:02,120 --> 00:17:03,640 Speaker 2: going to be forking over a lot more money than 381 00:17:03,680 --> 00:17:05,720 Speaker 2: you otherwise would. And this is one of those places 382 00:17:05,760 --> 00:17:08,880 Speaker 2: I think where the numbers are substantial that I think 383 00:17:09,720 --> 00:17:11,800 Speaker 2: when you look at the data, something you're gonna get 384 00:17:11,840 --> 00:17:15,159 Speaker 2: paid typically fifteen to twenty percent less doing a trade 385 00:17:15,160 --> 00:17:17,119 Speaker 2: in of a car than you would selling it directly 386 00:17:17,160 --> 00:17:20,000 Speaker 2: to another private party. And so if you're talking about 387 00:17:20,040 --> 00:17:22,679 Speaker 2: a fifteen thousand dollars car, you could be talking about 388 00:17:22,960 --> 00:17:24,520 Speaker 2: three grand less in your pocket. 389 00:17:24,760 --> 00:17:27,040 Speaker 1: And so, oh it's a hustle to listen on face Yeah, 390 00:17:27,040 --> 00:17:27,879 Speaker 1: I get that. I get that. 391 00:17:27,920 --> 00:17:31,600 Speaker 2: It's not fun to feel the incoming Facebook messages and 392 00:17:31,680 --> 00:17:34,080 Speaker 2: to meet up with somebody. But it also might be 393 00:17:34,160 --> 00:17:37,199 Speaker 2: worth it because the dollar amounts significant and there are 394 00:17:37,200 --> 00:17:39,960 Speaker 2: other things maybe where the trade off of convenience is 395 00:17:40,600 --> 00:17:42,600 Speaker 2: going to cost you less money, and you say, no, 396 00:17:42,680 --> 00:17:44,240 Speaker 2: I'm going to do that on purpose. But if we 397 00:17:44,280 --> 00:17:46,880 Speaker 2: convenience everything, which it feels like we're doing as a culture, 398 00:17:47,000 --> 00:17:50,440 Speaker 2: it's going to cost money, right, and you might want 399 00:17:50,440 --> 00:17:51,639 Speaker 2: to sell your car, by the way, if you move 400 00:17:51,640 --> 00:17:54,600 Speaker 2: into a car free neighborhood. Dwell magazine Matter used to 401 00:17:54,600 --> 00:17:56,119 Speaker 2: subscribe to that. I haven't in a while, but I 402 00:17:56,119 --> 00:17:59,880 Speaker 2: loved that magazine, like the pictures more than anything. Beautiful homes. Yeah, 403 00:18:00,119 --> 00:18:04,520 Speaker 2: like we talked about with with Callie Cox. Yeah yeah, 404 00:18:04,560 --> 00:18:08,000 Speaker 2: So Dwell had this article about a car free community 405 00:18:08,080 --> 00:18:10,159 Speaker 2: called cul de Sac. Then you and I've kind of 406 00:18:10,240 --> 00:18:13,879 Speaker 2: kept our eyes on. It's in Tempe, Arizona, and it 407 00:18:13,880 --> 00:18:16,880 Speaker 2: seems like it's been a raging success because folks who 408 00:18:17,080 --> 00:18:19,879 Speaker 2: opt to live there, they get sweet on campus amenities 409 00:18:20,400 --> 00:18:23,080 Speaker 2: like a gym, they've got cool shops, they've got you know, 410 00:18:23,119 --> 00:18:26,199 Speaker 2: food options, and gen z ers in particular seem to 411 00:18:26,240 --> 00:18:28,600 Speaker 2: be all about the amenities and places that they're living. 412 00:18:28,600 --> 00:18:31,040 Speaker 2: I know my I don't think my sister's gen Z. 413 00:18:31,200 --> 00:18:34,119 Speaker 2: She's a millennial, but she she's got that mindsets the 414 00:18:34,200 --> 00:18:37,920 Speaker 2: very young millennial. Yes, and she's so into amenities where 415 00:18:37,960 --> 00:18:40,360 Speaker 2: she lives, even if it means training off and living 416 00:18:40,400 --> 00:18:42,960 Speaker 2: in a smaller space. But this this cul de sac 417 00:18:43,040 --> 00:18:46,919 Speaker 2: in particular, comes with free transit passes and free ebag 418 00:18:47,000 --> 00:18:49,200 Speaker 2: access because hey, guess what, you're giving up your car 419 00:18:49,200 --> 00:18:51,760 Speaker 2: if you live there. And and so it's really what 420 00:18:51,760 --> 00:18:54,159 Speaker 2: they're trying to do is create this antidote way of 421 00:18:54,240 --> 00:18:57,480 Speaker 2: living to the standard car centric lifestyle. And people are 422 00:18:57,600 --> 00:19:00,800 Speaker 2: thrilled to pay more to live there because they're downsizing 423 00:19:00,840 --> 00:19:03,760 Speaker 2: their carefully, they're going to save money there. And so 424 00:19:04,000 --> 00:19:06,119 Speaker 2: I think also it's not just because about saving on 425 00:19:06,160 --> 00:19:09,400 Speaker 2: car costs. I think it increases the community vibe and 426 00:19:09,600 --> 00:19:12,080 Speaker 2: I think people are thrilled to pay more to live there, 427 00:19:12,080 --> 00:19:14,280 Speaker 2: not just because they're spending less on car stuff, but 428 00:19:14,320 --> 00:19:17,720 Speaker 2: because it's an enjoyable place to hang. Yeah, it was 429 00:19:17,800 --> 00:19:20,160 Speaker 2: created very thoughtfully. Yeah, right, like with intention. 430 00:19:21,119 --> 00:19:22,960 Speaker 1: There's a lot of density, right, Like, who doesn't want 431 00:19:22,960 --> 00:19:24,879 Speaker 1: to be able to walk down the steps around the 432 00:19:24,880 --> 00:19:26,679 Speaker 1: corner and boom, there's a coffee shop there. 433 00:19:27,040 --> 00:19:28,920 Speaker 2: There's a light rail line connected to cul A Sac 434 00:19:29,000 --> 00:19:30,960 Speaker 2: that it will get you so many other hopping spots 435 00:19:31,000 --> 00:19:31,320 Speaker 2: in town. 436 00:19:31,440 --> 00:19:34,160 Speaker 1: Yeah. Yeah, they're getting a real community experience there, and 437 00:19:34,280 --> 00:19:36,439 Speaker 1: not to mention that you are there with like like 438 00:19:36,520 --> 00:19:39,800 Speaker 1: minded people. But I think a criticism of that is like, oh, yeah, 439 00:19:39,840 --> 00:19:41,879 Speaker 1: that's great, folks. If if you've got the money to 440 00:19:41,920 --> 00:19:45,159 Speaker 1: be able to uproot your life, go buy this incredibly 441 00:19:45,520 --> 00:19:49,600 Speaker 1: bosh standard of living out here, removed from all you know, 442 00:19:49,640 --> 00:19:51,720 Speaker 1: just also nice. It is nice, It is nice, but 443 00:19:51,760 --> 00:19:53,720 Speaker 1: you don't have to move in order to accomplish something 444 00:19:53,760 --> 00:19:56,679 Speaker 1: like this. I think even I was we literally were 445 00:19:56,680 --> 00:19:59,719 Speaker 1: talking with some neighbors and we were talking about how 446 00:19:59,760 --> 00:20:01,760 Speaker 1: great it is to go and check your mail and 447 00:20:01,800 --> 00:20:04,080 Speaker 1: then be stuck for an hour, not stuck, but like 448 00:20:04,320 --> 00:20:06,800 Speaker 1: positively stuck for an hour. And she's like, oh, shoot, 449 00:20:06,800 --> 00:20:08,920 Speaker 1: I gotta get inside and cooked dinner. But because folks 450 00:20:08,920 --> 00:20:11,960 Speaker 1: are walking around having conversations with neighbors, it's something you 451 00:20:12,000 --> 00:20:14,560 Speaker 1: can literally start doing today. We don't have to move 452 00:20:14,640 --> 00:20:15,359 Speaker 1: to be able to do that. 453 00:20:15,400 --> 00:20:19,000 Speaker 2: I think we underrate those happenstance encounters with neighbors and friends. 454 00:20:19,080 --> 00:20:21,600 Speaker 2: Those are the best one. Those are more like fulfilling 455 00:20:21,600 --> 00:20:23,399 Speaker 2: in so many ways than like, hey, let's get drinks 456 00:20:23,400 --> 00:20:25,440 Speaker 2: two fridays from now. Yeah, it's kind of the rub 457 00:20:25,440 --> 00:20:27,720 Speaker 2: and shoulders, the everyday stuff that really does. 458 00:20:27,640 --> 00:20:29,919 Speaker 1: It's that going back to friction. Man. Yeah, it's this 459 00:20:30,000 --> 00:20:32,760 Speaker 1: thing that makes life a little more enjoyable, and oftentimes 460 00:20:32,800 --> 00:20:35,000 Speaker 1: we write it off pretty quickly. On that note, a 461 00:20:35,040 --> 00:20:37,919 Speaker 1: writer over at The Atlantic published an ode to the 462 00:20:37,960 --> 00:20:41,120 Speaker 1: e BikeE Joel, stating that morning to mutes for their 463 00:20:41,160 --> 00:20:44,640 Speaker 1: family have now become a daily highlight instead of being 464 00:20:44,800 --> 00:20:47,800 Speaker 1: monotonous and filled with traffic, which I could not agree more. 465 00:20:47,840 --> 00:20:50,840 Speaker 1: Man Like, that's something we have experienced firsthand. You're still 466 00:20:50,880 --> 00:20:53,720 Speaker 1: doing that, still doing it with a little man dropping 467 00:20:53,720 --> 00:20:55,560 Speaker 1: off at school and he me and man, I had 468 00:20:55,560 --> 00:20:56,440 Speaker 1: to sell that cargo bike. 469 00:20:56,440 --> 00:20:57,960 Speaker 2: I had to take him in the car this morning 470 00:20:57,960 --> 00:21:00,159 Speaker 2: because we had somewhere else to be right after, and 471 00:21:00,200 --> 00:21:00,520 Speaker 2: he was. 472 00:21:00,560 --> 00:21:02,320 Speaker 1: So five, but he was probably like, man, what's up 473 00:21:02,320 --> 00:21:04,520 Speaker 1: with this? Dad? This sucks. He was so disappointed. He 474 00:21:04,560 --> 00:21:06,040 Speaker 1: loves riding on the bike, and I love how much 475 00:21:06,040 --> 00:21:10,199 Speaker 1: he loves it. Obviously, this isn't something that everyone can replicate, right, Like, 476 00:21:10,240 --> 00:21:12,280 Speaker 1: it's tough to e bike on the interstate. I would 477 00:21:12,280 --> 00:21:14,639 Speaker 1: not recommend that I don't do it, but traveling by 478 00:21:14,640 --> 00:21:17,399 Speaker 1: e bike is more doable the many folks think that 479 00:21:17,480 --> 00:21:19,919 Speaker 1: it is, and they can work well for people of 480 00:21:19,960 --> 00:21:22,040 Speaker 1: all ages because it's an ee bike, so it provides 481 00:21:22,080 --> 00:21:25,120 Speaker 1: that assistance there. And you know, when you were talking 482 00:21:25,119 --> 00:21:28,719 Speaker 1: about the price of a vehicle, all like fifteenth is. Man, 483 00:21:28,720 --> 00:21:30,120 Speaker 1: it's so funny. I was literally talking to my daughter 484 00:21:30,200 --> 00:21:32,040 Speaker 1: this morning and she's like, or no, I was talking 485 00:21:32,040 --> 00:21:33,880 Speaker 1: with both of our daughters. I was taking was bringing 486 00:21:33,920 --> 00:21:36,800 Speaker 1: them home last night. Oh yeah, and they're for whatever reason, 487 00:21:36,840 --> 00:21:38,520 Speaker 1: they're starting to talk about cars and they're like, how 488 00:21:38,560 --> 00:21:41,240 Speaker 1: much is like a decent car that like that won't 489 00:21:41,280 --> 00:21:43,480 Speaker 1: break down. I'm like, well, it depends, but maybe you're 490 00:21:43,480 --> 00:21:46,440 Speaker 1: talking about five seven grand if you know, like something 491 00:21:46,440 --> 00:21:49,320 Speaker 1: a little bit newer, maybe eight nine, And I don't know. 492 00:21:49,320 --> 00:21:50,640 Speaker 1: It was just interesting, but. 493 00:21:50,960 --> 00:21:53,560 Speaker 2: Pretty a lot of people out there would say no, 494 00:21:53,560 --> 00:21:56,280 Speaker 2: we're talking like thirty grand for a decent car at least, right. 495 00:21:56,280 --> 00:21:58,400 Speaker 1: Yes, and for something that's you know, under one hundred 496 00:21:58,440 --> 00:22:00,760 Speaker 1: thousand miles. Sure like you are to be forking out 497 00:22:00,760 --> 00:22:03,480 Speaker 1: that much Either way, Both of those prices are much much, 498 00:22:03,520 --> 00:22:06,359 Speaker 1: much higher than two thousand dollars, which is what you 499 00:22:06,359 --> 00:22:08,520 Speaker 1: can easily get an e Bykee for these days. Yeah, 500 00:22:08,760 --> 00:22:12,080 Speaker 1: brand new, brand new. I'm thinking more cargo e bike 501 00:22:12,119 --> 00:22:13,879 Speaker 1: as well. I mean even less than that for some 502 00:22:13,960 --> 00:22:17,240 Speaker 1: of the more compacts what are they called Brampton's, like 503 00:22:17,280 --> 00:22:19,240 Speaker 1: the ones that like even the fold fold up and 504 00:22:19,320 --> 00:22:20,080 Speaker 1: you can take in your off. 505 00:22:20,119 --> 00:22:22,200 Speaker 2: I mean I think you can get sevent eight hundred 506 00:22:22,240 --> 00:22:23,320 Speaker 2: bucks you can get one of those. 507 00:22:23,240 --> 00:22:25,280 Speaker 1: Yeah, and it allows you to use your car less. 508 00:22:25,520 --> 00:22:27,280 Speaker 1: If it allows you to enjoy your life more, man, 509 00:22:27,400 --> 00:22:29,040 Speaker 1: it could be some of the best money that you've 510 00:22:29,080 --> 00:22:30,040 Speaker 1: ever spent, no doubt. 511 00:22:30,280 --> 00:22:32,080 Speaker 2: All Right, Matt, we got more to get to, including 512 00:22:32,160 --> 00:22:35,760 Speaker 2: let's talk about artificial intelligence and hey, purports to save 513 00:22:35,800 --> 00:22:37,520 Speaker 2: you money. What is it going to We'll get to 514 00:22:37,600 --> 00:22:47,520 Speaker 2: that more right after this or we're back now it's 515 00:22:47,560 --> 00:22:49,520 Speaker 2: time for the Lucra's headline of the week. This one 516 00:22:49,520 --> 00:22:52,639 Speaker 2: comes from four H four Media and the headline reads, 517 00:22:52,720 --> 00:22:58,320 Speaker 2: Instagram's AI chatbots lie about being licensed therapists. Dirty AI 518 00:22:58,400 --> 00:22:59,119 Speaker 2: man bit lying to us. 519 00:22:59,240 --> 00:23:01,640 Speaker 1: But this one really got under your skin, but also 520 00:23:01,680 --> 00:23:03,240 Speaker 1: the skin of your wife. Yes, I know. 521 00:23:03,320 --> 00:23:05,200 Speaker 2: I told her about this and she was like, yeah, 522 00:23:05,280 --> 00:23:07,760 Speaker 2: let me tell you why this sucks. So my wife 523 00:23:07,800 --> 00:23:10,640 Speaker 2: literally just graduated this past weekend. Super pumped for her. 524 00:23:10,720 --> 00:23:14,359 Speaker 2: She is now officially a licensed therapist. And the Harvard 525 00:23:14,359 --> 00:23:16,879 Speaker 2: Business Review finds that the number one use case right 526 00:23:16,920 --> 00:23:20,280 Speaker 2: now for artificial intelligence. You would think it's cheating on 527 00:23:20,320 --> 00:23:23,879 Speaker 2: writing papers, but no, it's therapy and companionship. Well, I 528 00:23:23,920 --> 00:23:25,200 Speaker 2: do think that there are a lot of there's a 529 00:23:25,200 --> 00:23:28,080 Speaker 2: lot of students outre who are cheating on Weren't you 530 00:23:28,119 --> 00:23:31,639 Speaker 2: shocked though, that therapy and companionship actually outranked That is 531 00:23:31,640 --> 00:23:33,680 Speaker 2: a use for artificial intelligence from a I mean it 532 00:23:33,720 --> 00:23:37,240 Speaker 2: makes sense, I guess from an official like as a whole, 533 00:23:37,280 --> 00:23:39,760 Speaker 2: as an aggregate, Are there more students cheating on papers 534 00:23:39,880 --> 00:23:42,679 Speaker 2: as opposed to services being offered? Yes, I do think 535 00:23:42,720 --> 00:23:45,480 Speaker 2: that that's certainly the case. So maybe they didn't correct 536 00:23:45,600 --> 00:23:48,280 Speaker 2: count the data correctly. I don't know, but it's interesting 537 00:23:48,280 --> 00:23:51,560 Speaker 2: that it's moving artificial intelligence is really moving that hard 538 00:23:51,600 --> 00:23:55,480 Speaker 2: into this space. That was it the movie Her back 539 00:23:55,480 --> 00:23:57,200 Speaker 2: in the day with Scarlett Johansen was the voice of 540 00:23:57,240 --> 00:24:00,440 Speaker 2: the AI. That's like becoming real life before our eyes, 541 00:24:01,000 --> 00:24:04,400 Speaker 2: and so like the lines between what's real and what's 542 00:24:04,440 --> 00:24:08,080 Speaker 2: not are being blurred. And Psychology Today wrote about this phenomenon. 543 00:24:08,080 --> 00:24:12,080 Speaker 2: They said, hey, chatbots lack nuanced empathy, they missed nonverbal cues, 544 00:24:12,320 --> 00:24:16,040 Speaker 2: they avoid conflict, and that actually can lead to worsening 545 00:24:16,160 --> 00:24:19,480 Speaker 2: mental health risks. So and on top of that the 546 00:24:19,520 --> 00:24:21,720 Speaker 2: fact that the chatbots are trying to help in doing 547 00:24:21,720 --> 00:24:23,840 Speaker 2: so poorly. I think that's one thing. But they're trying 548 00:24:23,840 --> 00:24:26,919 Speaker 2: to pass as real humans with degrees and credentials. So 549 00:24:27,160 --> 00:24:29,280 Speaker 2: if you push back and you say, hey, where did 550 00:24:29,320 --> 00:24:31,800 Speaker 2: you go to school, what's your degree in? They'll make 551 00:24:31,880 --> 00:24:34,160 Speaker 2: up lies that's yeah and tell you stuff like well, 552 00:24:34,200 --> 00:24:36,920 Speaker 2: I went to this school and here's my the licensed 553 00:24:36,920 --> 00:24:40,280 Speaker 2: therapy therapy number, and it's all fake and so it's 554 00:24:40,320 --> 00:24:43,399 Speaker 2: a really weird thing. I think it also shows two 555 00:24:43,840 --> 00:24:45,879 Speaker 2: that people who are in charge of these tech companies 556 00:24:45,920 --> 00:24:49,200 Speaker 2: are taking this like leisse fair approach to artificial intelligence. Yes, 557 00:24:49,280 --> 00:24:51,800 Speaker 2: that's a little freaky. I don't blame the AI, because 558 00:24:51,840 --> 00:24:53,520 Speaker 2: that's what it's programmed to do. It's the companies that 559 00:24:53,560 --> 00:24:56,320 Speaker 2: are implementing, yes, you know, like that's I think, like 560 00:24:56,520 --> 00:24:58,320 Speaker 2: AI does not have a mind of its own. And 561 00:24:58,359 --> 00:25:01,040 Speaker 2: it makes me think about Man, you've heard me talk 562 00:25:01,040 --> 00:25:04,520 Speaker 2: about this too. It makes me think about smartphones ten 563 00:25:04,640 --> 00:25:06,639 Speaker 2: fifteen years ago, right, and it's just like, oh, these 564 00:25:06,680 --> 00:25:08,760 Speaker 2: are new tools, and we need to get our kids 565 00:25:08,800 --> 00:25:11,480 Speaker 2: on these using these things. And now the generation that 566 00:25:11,520 --> 00:25:13,720 Speaker 2: went before us, I feel like I honestly feel bad 567 00:25:13,720 --> 00:25:15,840 Speaker 2: for him because it's something that was sort of unproven. 568 00:25:16,040 --> 00:25:19,040 Speaker 2: And this feels similar to me that in particular the fact. 569 00:25:18,920 --> 00:25:20,600 Speaker 1: That it just test your mental health with these AI 570 00:25:20,680 --> 00:25:23,440 Speaker 1: chapsts and tell you what happened. They are experimenting on 571 00:25:23,600 --> 00:25:27,800 Speaker 1: the public at large, all in an attempt to gain 572 00:25:27,800 --> 00:25:29,760 Speaker 1: as much market share as possible. Like it's an arms 573 00:25:29,840 --> 00:25:32,760 Speaker 1: race crash test dummies over here. Yes, yeah, And who's 574 00:25:32,840 --> 00:25:35,320 Speaker 1: to I mean, who's to benefit? Oh, well, some of 575 00:25:35,320 --> 00:25:37,440 Speaker 1: these a lot of these companies. Who has the risk 576 00:25:37,480 --> 00:25:40,760 Speaker 1: of being harmed? I think it's the obviously the most vulnerable, 577 00:25:40,760 --> 00:25:42,600 Speaker 1: those who are looking for some type of counseling, but 578 00:25:42,640 --> 00:25:45,679 Speaker 1: then also kids as well, which really I don't know 579 00:25:45,720 --> 00:25:47,560 Speaker 1: it makes me feel makes me feel weird about it. 580 00:25:47,680 --> 00:25:48,959 Speaker 2: One of the things that my wife said to when 581 00:25:48,960 --> 00:25:52,360 Speaker 2: I asked her about the story was, well, the biggest thing, 582 00:25:52,600 --> 00:25:55,960 Speaker 2: the most important part of therapy is human to human interaction, 583 00:25:56,160 --> 00:25:59,000 Speaker 2: and it's the relationship with the therapist that is a 584 00:25:59,000 --> 00:26:02,000 Speaker 2: big part of the life change that takes sure for people. 585 00:26:02,240 --> 00:26:04,800 Speaker 2: And so if you remove the human element, like you 586 00:26:04,880 --> 00:26:07,240 Speaker 2: remove the big catalyst that leads to change for a 587 00:26:07,280 --> 00:26:10,400 Speaker 2: whole lot of people. So could AI therapy be potentially 588 00:26:10,400 --> 00:26:12,600 Speaker 2: helpful for some folks. I'm not going to say no. 589 00:26:12,760 --> 00:26:14,680 Speaker 1: I could see it being used as a tool, but 590 00:26:14,760 --> 00:26:16,600 Speaker 1: not as a replacement, right right, Like I could see 591 00:26:16,640 --> 00:26:18,880 Speaker 1: an office in the fact they're lying to US's just weird, 592 00:26:18,920 --> 00:26:21,399 Speaker 1: maut even more, that's yeah, that's but again that's like 593 00:26:21,440 --> 00:26:24,080 Speaker 1: you ask any chat something like that and it just 594 00:26:24,119 --> 00:26:26,359 Speaker 1: makes it up and they're called hallucinations, and it's like, well, no, 595 00:26:26,400 --> 00:26:28,760 Speaker 1: that's it's just that's how it's programmed to run. It's 596 00:26:28,760 --> 00:26:31,600 Speaker 1: going to find the information to make to satisfy your query. 597 00:26:31,680 --> 00:26:36,639 Speaker 1: Basically you come up with something, yes, exactly, you talking about, 598 00:26:36,680 --> 00:26:39,480 Speaker 1: like the relationship with a counselor like that is is 599 00:26:39,480 --> 00:26:42,640 Speaker 1: embodiment It makes me think of a recent article you've 600 00:26:42,640 --> 00:26:46,480 Speaker 1: seen Zuck talking about AI AI best friends. I can't 601 00:26:46,480 --> 00:26:47,920 Speaker 1: hang out with you tonight, by the way, which seems 602 00:26:47,960 --> 00:26:50,720 Speaker 1: completely insane. I'm hanging out with my AI best friend now. Essentially, 603 00:26:50,720 --> 00:26:53,119 Speaker 1: he's pointing to the loneliness pandemic and how like, well, 604 00:26:53,160 --> 00:26:55,320 Speaker 1: actually people want to have more friends, they don't have 605 00:26:55,400 --> 00:26:57,480 Speaker 1: the time or ability to. So you're gonna have a 606 00:26:57,560 --> 00:27:00,840 Speaker 1: virtual an AI best friend. Do you think he actually 607 00:27:00,840 --> 00:27:04,639 Speaker 1: believes us? I don't know if he actually believes this. 608 00:27:04,720 --> 00:27:05,320 Speaker 1: That scares me. 609 00:27:05,640 --> 00:27:07,840 Speaker 2: But maybe he believes this to the tune of like 610 00:27:08,040 --> 00:27:09,160 Speaker 2: profit and dollar signs. 611 00:27:09,200 --> 00:27:10,520 Speaker 1: That's that's I think that's what it comes. 612 00:27:10,600 --> 00:27:12,480 Speaker 2: But that's super frightening to think that he thinks that 613 00:27:12,520 --> 00:27:14,240 Speaker 2: AI can be a replacement for friendship too. 614 00:27:14,280 --> 00:27:17,680 Speaker 1: Like my good faith sort of argument is that he's 615 00:27:17,720 --> 00:27:19,720 Speaker 1: trying to he's just throwing stuff at the wall. He's 616 00:27:19,720 --> 00:27:22,159 Speaker 1: trying to innovate. Yeah, he's like, all right, the metaglasses 617 00:27:22,160 --> 00:27:25,040 Speaker 1: didn't really work out, so maybe we can double down 618 00:27:25,040 --> 00:27:28,680 Speaker 1: on the AI. But going back to like friction rubbing shoulders, 619 00:27:28,840 --> 00:27:31,280 Speaker 1: you don't have that with AI, right right, Like what 620 00:27:31,320 --> 00:27:34,720 Speaker 1: you have is zero friction and so much so that 621 00:27:34,760 --> 00:27:37,439 Speaker 1: you're not challenged, Like that's what makes life interesting, like 622 00:27:37,480 --> 00:27:39,880 Speaker 1: the fact that we disagree about, Like what do comedians 623 00:27:39,880 --> 00:27:42,680 Speaker 1: make jokes out of? It's the it's the friction, it's 624 00:27:42,720 --> 00:27:44,720 Speaker 1: like the tension. It's all the things that take place 625 00:27:44,720 --> 00:27:48,240 Speaker 1: in real, embodied life, and you are not getting that 626 00:27:48,320 --> 00:27:51,720 Speaker 1: when it comes to these AI bots that are basically 627 00:27:51,840 --> 00:27:54,720 Speaker 1: it feels weird. Man, it's gonna be like this sycophantic 628 00:27:54,800 --> 00:27:57,679 Speaker 1: sort of just replies where they're just patting you on 629 00:27:57,720 --> 00:27:59,800 Speaker 1: the back. Do you have to like upgrade to get 630 00:27:59,840 --> 00:28:03,520 Speaker 1: like the next level more aware chatbot that's going to 631 00:28:03,560 --> 00:28:06,040 Speaker 1: push back a little bit? And then you're thinking, well, 632 00:28:06,160 --> 00:28:09,440 Speaker 1: forget that. Why am I paying you to argue with me? Yeah? 633 00:28:10,000 --> 00:28:14,359 Speaker 2: Right, it's a scary dystopian future if Mark Zuckerberg has 634 00:28:14,400 --> 00:28:18,840 Speaker 2: his way. And Yeah, just these two stories together this 635 00:28:18,920 --> 00:28:21,200 Speaker 2: week just have me thinking about, like, this is why 636 00:28:21,240 --> 00:28:24,560 Speaker 2: I have mostly avoided artificial intelligence. It's not because I'm 637 00:28:24,720 --> 00:28:29,080 Speaker 2: a luddite or don't care about proc technological progress. It's 638 00:28:29,119 --> 00:28:32,040 Speaker 2: that I just don't know that it's best for me 639 00:28:32,119 --> 00:28:34,560 Speaker 2: to engage with artificial intelligence on a regular basis. And 640 00:28:34,600 --> 00:28:35,640 Speaker 2: I think that are some real. 641 00:28:35,440 --> 00:28:36,639 Speaker 1: Pitfalls to it. Agreed. 642 00:28:36,800 --> 00:28:39,680 Speaker 2: Good news by the way on the tech overlord front, 643 00:28:40,000 --> 00:28:42,880 Speaker 2: though that will benefit millions of people. A judge just 644 00:28:42,960 --> 00:28:46,160 Speaker 2: ruled that the Apple Store that their app store has 645 00:28:46,200 --> 00:28:49,040 Speaker 2: been engaging in anti competitive behavior and that they have 646 00:28:49,120 --> 00:28:53,000 Speaker 2: to stop restricting app developers from funneling users to their 647 00:28:53,040 --> 00:28:55,440 Speaker 2: site to make a sale. So basically, yeah, Apple was 648 00:28:55,440 --> 00:28:59,840 Speaker 2: taking this like blackmail, like vig from every purchase that 649 00:28:59,840 --> 00:29:02,640 Speaker 2: a customer made of thirty percent. And it wasn't just 650 00:29:02,680 --> 00:29:04,360 Speaker 2: in the app. So if you downloaded the app and 651 00:29:04,360 --> 00:29:06,600 Speaker 2: you bought something through the app, signed up for a 652 00:29:06,600 --> 00:29:09,600 Speaker 2: service or something like that, even that seemed a little 653 00:29:09,640 --> 00:29:12,080 Speaker 2: shady to me. But if an app developer wanted you 654 00:29:12,120 --> 00:29:14,880 Speaker 2: to click over to its website in order to buy 655 00:29:15,160 --> 00:29:18,320 Speaker 2: the service or good there, Apple still wanted their cut. 656 00:29:18,400 --> 00:29:20,760 Speaker 2: That's the weird part, which is so dirty and so 657 00:29:22,000 --> 00:29:23,800 Speaker 2: I have hated this practice for a long time and 658 00:29:23,840 --> 00:29:27,400 Speaker 2: has enriched Apple, much to the chagrin of many app developers. 659 00:29:27,920 --> 00:29:29,400 Speaker 2: It helps Apple's bottom line, but. 660 00:29:29,480 --> 00:29:32,200 Speaker 1: Specifically Epic so folks might remember this going way back 661 00:29:32,200 --> 00:29:34,840 Speaker 1: to when it was Fortnite. Basically it was Epic Games 662 00:29:34,920 --> 00:29:37,640 Speaker 1: or whatever wanting to make sure that Apple wasn't getting 663 00:29:37,640 --> 00:29:40,080 Speaker 1: a cut of every single Fortnite download, even when it 664 00:29:40,120 --> 00:29:42,560 Speaker 1: was taking place outside of the App Store, right, I 665 00:29:42,560 --> 00:29:44,000 Speaker 1: think it was like I think they're still getting like 666 00:29:44,000 --> 00:29:44,960 Speaker 1: twenty seven percent. 667 00:29:44,800 --> 00:29:47,360 Speaker 2: Yeah, something like that, which is so I think pretty 668 00:29:47,360 --> 00:29:49,400 Speaker 2: fact Fortnite is back on the App Store now, or 669 00:29:49,400 --> 00:29:51,240 Speaker 2: at least they petition to get back on the App Store. 670 00:29:51,400 --> 00:29:53,960 Speaker 2: This is one of those things where maybe you don't 671 00:29:54,080 --> 00:29:57,440 Speaker 2: notice it in the background that Apple is scheming and 672 00:29:57,440 --> 00:30:01,360 Speaker 2: stealing money from consumers from company, and they're going to 673 00:30:01,560 --> 00:30:04,880 Speaker 2: appeal this ruling, but I'm hoping that it sticks because 674 00:30:04,920 --> 00:30:08,080 Speaker 2: what Apple has been doing to all of us is wrong. 675 00:30:08,400 --> 00:30:10,600 Speaker 1: Yeah, so jump through some hoops in order to get 676 00:30:10,640 --> 00:30:13,160 Speaker 1: a deal, Like that's one and the same, right, And 677 00:30:13,200 --> 00:30:15,560 Speaker 1: so if you like, I'm totally fine by the way 678 00:30:15,640 --> 00:30:18,920 Speaker 1: for Apple to charge more to you know, essentially for 679 00:30:19,280 --> 00:30:21,440 Speaker 1: apps and different services that are being offered through the 680 00:30:21,480 --> 00:30:24,560 Speaker 1: App Store, if it's more expensive because it's easy. Again, 681 00:30:24,680 --> 00:30:27,080 Speaker 1: you're paying for a service, you're paying for convenience. But 682 00:30:27,200 --> 00:30:28,880 Speaker 1: if you click out of that app and want to 683 00:30:28,920 --> 00:30:31,040 Speaker 1: do things the hard way, you should be rewarded for that. 684 00:30:31,080 --> 00:30:33,640 Speaker 1: If you want to encompany the extra legwork to get 685 00:30:33,680 --> 00:30:35,360 Speaker 1: a deal, then you should be receiving that. 686 00:30:35,400 --> 00:30:38,040 Speaker 2: The companies should be able to incentivize their users to 687 00:30:38,120 --> 00:30:41,040 Speaker 2: take the extra step to save money and avoid the 688 00:30:41,960 --> 00:30:43,040 Speaker 2: egregious apples totally. 689 00:30:43,080 --> 00:30:44,800 Speaker 1: And some folks will do it, some folks won't, but 690 00:30:44,840 --> 00:30:47,400 Speaker 1: at least give people a choice. Joe, let's talk about 691 00:30:47,440 --> 00:30:50,280 Speaker 1: tarifs and inflation, because I don't know if you heard 692 00:30:50,800 --> 00:30:53,400 Speaker 1: tariffs were put on hold. I heard there's a delay 693 00:30:54,000 --> 00:30:56,440 Speaker 1: that was announced earlier this week, sending the markets up. 694 00:30:57,040 --> 00:30:58,440 Speaker 1: A lot of folks may have felt that as well 695 00:30:58,480 --> 00:30:59,720 Speaker 1: when it came to their four one ks. 696 00:31:00,000 --> 00:31:02,960 Speaker 2: Actually the market is back up over where it was 697 00:31:03,240 --> 00:31:06,440 Speaker 2: on Liberation Day. The market's been soaring it's amost. 698 00:31:06,480 --> 00:31:08,320 Speaker 1: It's almost as if it didn't almost as if it 699 00:31:08,320 --> 00:31:10,960 Speaker 1: didn't didn't even happen. So so instead of one hundred 700 00:31:10,960 --> 00:31:13,640 Speaker 1: and forty five percent tariffs against China, they're down now 701 00:31:13,760 --> 00:31:16,800 Speaker 1: to thirty percent. China they've died back their terraces on 702 00:31:16,920 --> 00:31:20,480 Speaker 1: US goods to ten percent. And some folks are calling 703 00:31:20,560 --> 00:31:23,520 Speaker 1: it a trade deal, like something that they've agreed to, 704 00:31:23,560 --> 00:31:26,360 Speaker 1: but really it's this. It's the temporary trade war truce 705 00:31:26,880 --> 00:31:29,719 Speaker 1: for ninety days and depending on how things end up 706 00:31:29,720 --> 00:31:32,920 Speaker 1: shaking out in those talks. We'll see if they actually 707 00:31:32,960 --> 00:31:36,280 Speaker 1: hold for that long. I personally can't imagine. I don't know. 708 00:31:36,320 --> 00:31:37,560 Speaker 1: I feel like you've let the cat out of the 709 00:31:37,600 --> 00:31:40,080 Speaker 1: bag by walking back to the terrace. You can't go back 710 00:31:40,400 --> 00:31:41,960 Speaker 1: at this point. I would be shocked to see that. 711 00:31:42,040 --> 00:31:45,600 Speaker 1: But still regardless, this is good news for businesses, especially 712 00:31:45,640 --> 00:31:48,280 Speaker 1: small ones who get a lot of supplies and inventory 713 00:31:48,280 --> 00:31:51,560 Speaker 1: from China. But then also for consumers alike if this 714 00:31:51,640 --> 00:31:55,520 Speaker 1: does lead to sustained bargains that allows for the free 715 00:31:55,520 --> 00:31:59,640 Speaker 1: flow of goods and not services, but of goods across borders, 716 00:31:59,680 --> 00:32:02,800 Speaker 1: across the Pacific specifically. And so it's still hard to 717 00:32:02,840 --> 00:32:05,160 Speaker 1: know what the political, what the economic goals are here, 718 00:32:05,160 --> 00:32:07,720 Speaker 1: but for now we are happy to see things moving 719 00:32:07,840 --> 00:32:11,160 Speaker 1: in the right direction. I am personally encouraged because to 720 00:32:11,480 --> 00:32:14,160 Speaker 1: think that, okay, does the White House actually think that 721 00:32:14,280 --> 00:32:17,160 Speaker 1: terrorists are the solution? And to me this is evidence 722 00:32:17,200 --> 00:32:18,840 Speaker 1: that like, oh yeah, it was all a gambit, it 723 00:32:18,880 --> 00:32:21,959 Speaker 1: was all a part of the negotiating. What will we 724 00:32:22,000 --> 00:32:25,840 Speaker 1: actually receive out of it that will hold? We will see, yeah, 725 00:32:25,840 --> 00:32:29,560 Speaker 1: But at least it's not a fundamental disagreement as to 726 00:32:29,680 --> 00:32:31,520 Speaker 1: how it is that free trade benefits everybody. 727 00:32:31,600 --> 00:32:33,880 Speaker 2: Yeah, there's been more talk about the benefits of free 728 00:32:33,920 --> 00:32:36,640 Speaker 2: trade recently from the White House, which was not happening 729 00:32:36,680 --> 00:32:38,080 Speaker 2: as a breath of fresh air in the first caust. 730 00:32:38,080 --> 00:32:39,719 Speaker 1: That's the thing. You can't have those talks if you 731 00:32:39,760 --> 00:32:41,840 Speaker 1: are also saying out of one side of your mouth. 732 00:32:41,960 --> 00:32:43,400 Speaker 1: You can't say that and then out of the other 733 00:32:43,400 --> 00:32:45,240 Speaker 1: side of your mouth saying that like oh no, no, no, terras, 734 00:32:45,320 --> 00:32:48,440 Speaker 1: that's gonna be what turns America around, you know, like, yeah, 735 00:32:48,440 --> 00:32:50,680 Speaker 1: I feel bad for what was it, Lutnik, the guy 736 00:32:51,000 --> 00:32:54,880 Speaker 1: that like, man, he kind of he had to play 737 00:32:54,920 --> 00:32:56,880 Speaker 1: the bad cop essentially, like he had to be the 738 00:32:56,880 --> 00:32:59,200 Speaker 1: one that was just like, no, guys, this is gonna 739 00:32:59,200 --> 00:33:02,720 Speaker 1: be great for everyone. And now they're like, all right, buddy, 740 00:33:02,720 --> 00:33:04,280 Speaker 1: we're done with you. Yeah, thank you for your service, 741 00:33:04,320 --> 00:33:05,400 Speaker 1: thank you, peace out. 742 00:33:05,560 --> 00:33:08,200 Speaker 2: Well, and we're seeing I think I've seen more articles, 743 00:33:08,280 --> 00:33:12,200 Speaker 2: Matt about this uptick of financial anxiety that people are experiencing, 744 00:33:12,240 --> 00:33:14,840 Speaker 2: and I think part of it is the headlines about tariffs, 745 00:33:15,200 --> 00:33:19,240 Speaker 2: the uncertainty that those are creating, the recession predictions. They're 746 00:33:19,320 --> 00:33:22,600 Speaker 2: causing some people to really reconsider some of their spending 747 00:33:22,640 --> 00:33:25,040 Speaker 2: habits and rain in some of their spending right now 748 00:33:25,040 --> 00:33:28,200 Speaker 2: because of the increased anxiety they're feeling. And then those 749 00:33:28,240 --> 00:33:32,200 Speaker 2: anecdotes that are being dropped in those articles will those 750 00:33:32,200 --> 00:33:36,760 Speaker 2: are backed up by the consumer Sentiment Index, which has plummeted. 751 00:33:36,800 --> 00:33:38,960 Speaker 2: People are like, ah, oh, feel so great about the 752 00:33:38,960 --> 00:33:42,440 Speaker 2: state of the economy right now. And I would say 753 00:33:42,480 --> 00:33:44,719 Speaker 2: you and I were not against making changes to your 754 00:33:44,760 --> 00:33:48,880 Speaker 2: spending habits to prepare for potentially more difficult times, but 755 00:33:48,920 --> 00:33:51,080 Speaker 2: we also don't want you living in fear. And so 756 00:33:51,120 --> 00:33:53,160 Speaker 2: if you've been like rolling through the money gears, which 757 00:33:53,160 --> 00:33:54,520 Speaker 2: you can find at how to money dot com, you 758 00:33:54,520 --> 00:33:56,800 Speaker 2: can click start here, you'll see the money gears there. Well, 759 00:33:56,920 --> 00:33:59,960 Speaker 2: if you're tracking your spending and your savings are robut 760 00:34:00,160 --> 00:34:02,960 Speaker 2: because you've been doing that, you've been investing over months 761 00:34:03,000 --> 00:34:03,480 Speaker 2: and years. 762 00:34:03,960 --> 00:34:04,880 Speaker 1: Just I think I. 763 00:34:04,840 --> 00:34:07,600 Speaker 2: Want to highlight the fact that you shouldn't let vibes 764 00:34:08,080 --> 00:34:10,040 Speaker 2: upend your life or make you feel like you have 765 00:34:10,080 --> 00:34:12,799 Speaker 2: to do more. And I think sometimes MATP people get 766 00:34:12,800 --> 00:34:15,239 Speaker 2: in this position where they're like, I feel uncertain, I 767 00:34:15,280 --> 00:34:17,480 Speaker 2: don't feel great about where things are going or where 768 00:34:17,840 --> 00:34:19,600 Speaker 2: or the state of the economy right now, and so 769 00:34:19,680 --> 00:34:22,400 Speaker 2: they just feel like they have to do more and 770 00:34:22,440 --> 00:34:25,960 Speaker 2: pinch further. But I think for a lot of people, 771 00:34:26,040 --> 00:34:29,200 Speaker 2: the antidote to anxiety. If you're doing the savings, you're 772 00:34:29,200 --> 00:34:30,840 Speaker 2: doing the debt pay down, you got that bare bones 773 00:34:31,040 --> 00:34:33,960 Speaker 2: budget in your pocket. Those are important things. But it's 774 00:34:33,960 --> 00:34:36,719 Speaker 2: not just that. It's also about working to dial back 775 00:34:36,760 --> 00:34:39,040 Speaker 2: on some of those anxious thoughts and just maybe think 776 00:34:39,080 --> 00:34:41,719 Speaker 2: of the episode we did, episode six thirty one with 777 00:34:42,160 --> 00:34:45,759 Speaker 2: Lindsey Brian Podvin about how to reduce financial anxiety in 778 00:34:45,760 --> 00:34:47,959 Speaker 2: our lives, and maybe that's worth of re listen. She's 779 00:34:47,960 --> 00:34:50,319 Speaker 2: a financial therapist. If you or if you hadn't heard 780 00:34:50,320 --> 00:34:53,320 Speaker 2: that one before, it's worth checking that out because especially 781 00:34:53,320 --> 00:34:55,680 Speaker 2: if you're feeling those if those feelings are ramping up 782 00:34:55,719 --> 00:34:58,040 Speaker 2: right now. Obviously the answer is not to be like, hey, 783 00:34:58,040 --> 00:34:59,759 Speaker 2: don't be anxious, That's not what I'm saying, But go 784 00:34:59,800 --> 00:35:03,320 Speaker 2: lit into that episode because it might help you develop 785 00:35:03,360 --> 00:35:07,280 Speaker 2: some skills to kind of reduce the maybe the incessant 786 00:35:07,520 --> 00:35:09,600 Speaker 2: anxiety and anxious thoughts that you might you're feeling. 787 00:35:10,000 --> 00:35:13,239 Speaker 1: I'm curious if folks are wondering if we are part 788 00:35:13,239 --> 00:35:16,319 Speaker 1: of the problem, you know, because like it's like, on 789 00:35:16,320 --> 00:35:19,600 Speaker 1: one hand, we try to talk about relevant news, but 790 00:35:19,719 --> 00:35:22,200 Speaker 1: on the other hand, like we try to be optimistic, right, 791 00:35:22,480 --> 00:35:25,240 Speaker 1: Like I wonder if folks are thinking like, oh, dudes, 792 00:35:25,280 --> 00:35:27,200 Speaker 1: I was good until you told me that I should 793 00:35:27,239 --> 00:35:30,080 Speaker 1: be worried about the terrorist once. I think that's the 794 00:35:30,080 --> 00:35:34,320 Speaker 1: part of why I was found myself not wanting to 795 00:35:34,360 --> 00:35:36,160 Speaker 1: talk about terrorists after like the first week or so, 796 00:35:36,200 --> 00:35:38,400 Speaker 1: because it's like, ah, we don't know if this is 797 00:35:38,440 --> 00:35:40,320 Speaker 1: going to happen, like what's going to be the end result, 798 00:35:40,719 --> 00:35:42,960 Speaker 1: But it's like, I don't know what. We try to 799 00:35:42,960 --> 00:35:45,520 Speaker 1: strike that balance between sticking your head in the sand 800 00:35:45,560 --> 00:35:47,719 Speaker 1: and being like huh, you know, putting your fingers in 801 00:35:47,760 --> 00:35:50,480 Speaker 1: your ears and humming like everything's going to be fine, yah, 802 00:35:50,600 --> 00:35:54,520 Speaker 1: versus incessantly focusing on the negative like or somehow trying 803 00:35:54,560 --> 00:35:57,560 Speaker 1: to do both. And I'm curious if listen, maybe listeners 804 00:35:57,600 --> 00:35:59,760 Speaker 1: will email us if you feel that we are overly 805 00:36:00,040 --> 00:36:03,800 Speaker 1: focus on the negative or overly optimistic and pollyannish, because 806 00:36:04,000 --> 00:36:07,759 Speaker 1: somehow we're trying to find we're try the needle man. Yeah, 807 00:36:08,120 --> 00:36:08,680 Speaker 1: we try to do here. 808 00:36:08,680 --> 00:36:11,040 Speaker 2: We don't want to be causing five alarm fires where 809 00:36:11,120 --> 00:36:13,759 Speaker 2: it's not necessary, but also trying to say, hey, you 810 00:36:13,800 --> 00:36:16,120 Speaker 2: have questions, you have thoughts about this. You've seen the headline, 811 00:36:16,160 --> 00:36:19,120 Speaker 2: you are you probably do have some concerns, and you 812 00:36:19,160 --> 00:36:22,960 Speaker 2: want to hear two besties talk about to offer their 813 00:36:22,960 --> 00:36:24,560 Speaker 2: thoughts on the reality things. 814 00:36:24,600 --> 00:36:26,520 Speaker 1: That's right, buddy, and that is going to be it 815 00:36:26,560 --> 00:36:29,319 Speaker 1: for this week's Friday flight. We hope everyone has a 816 00:36:29,360 --> 00:36:32,239 Speaker 1: fantastic weekend. We'll see you back here on Monday with 817 00:36:32,280 --> 00:36:34,759 Speaker 1: a fresh ask how to Money episode a show you 818 00:36:34,840 --> 00:36:35,440 Speaker 1: know it? All right? 819 00:36:35,520 --> 00:36:38,439 Speaker 2: Until next time, best Friends Out, I'm best Friends Out.