1 00:00:00,080 --> 00:00:03,279 Speaker 1: Welcome to How the Money. I'm Joel and I am Matt. 2 00:00:03,360 --> 00:00:07,320 Speaker 1: Yes he is, and today we're discussing child labor, equifaxes idiocy, 3 00:00:07,520 --> 00:00:29,160 Speaker 1: and some utility bill hacks. So I kind of introduced 4 00:00:29,160 --> 00:00:31,520 Speaker 1: myself kind of sounding like or and I don't want 5 00:00:31,520 --> 00:00:34,360 Speaker 1: people to think I'm depressed. I just wasn't quite ready 6 00:00:34,400 --> 00:00:36,240 Speaker 1: for you to hit record yet. Why are you so unhappy? 7 00:00:36,400 --> 00:00:38,080 Speaker 1: My friend? Now I am ready. It took me a 8 00:00:38,120 --> 00:00:40,680 Speaker 1: few seconds to kind of gather my thoughts. But now 9 00:00:40,720 --> 00:00:42,400 Speaker 1: this is our Friday flight. We were talking about the 10 00:00:42,440 --> 00:00:45,400 Speaker 1: stories that we came across this week, the stories that 11 00:00:45,440 --> 00:00:48,000 Speaker 1: we think are going to pertain most to your personal finances. 12 00:00:48,479 --> 00:00:50,760 Speaker 1: And uh, oh, by the way, let's before we forget, 13 00:00:50,840 --> 00:00:54,400 Speaker 1: let's announce the winners from the How Do Money giveaway. 14 00:00:54,440 --> 00:00:57,200 Speaker 1: These are folks who not only left us a review 15 00:00:57,200 --> 00:01:00,720 Speaker 1: on Apple Podcasts or podcast Addict wherever it is that 16 00:01:00,760 --> 00:01:03,360 Speaker 1: you listen, but you sent us an email because that 17 00:01:03,600 --> 00:01:07,000 Speaker 1: is how you officially enter into the sock giveaway. Uh 18 00:01:07,040 --> 00:01:10,080 Speaker 1: And we ran all of those names through the randomizer 19 00:01:10,160 --> 00:01:12,039 Speaker 1: of everyone who reached out to us, and we've got 20 00:01:12,040 --> 00:01:16,360 Speaker 1: five winners and they are Kindle m Matt w Amanda 21 00:01:16,400 --> 00:01:21,240 Speaker 1: p and the handro s and Nate S. You are 22 00:01:21,280 --> 00:01:23,640 Speaker 1: all sock winners and we will be reaching out to 23 00:01:23,720 --> 00:01:27,560 Speaker 1: you for your mailing address to get those most beautiful 24 00:01:27,600 --> 00:01:30,120 Speaker 1: socks on their way to your feet. There's some sexy socks. 25 00:01:30,160 --> 00:01:32,520 Speaker 1: I'm not gonna lie, and they're gonna look good on 26 00:01:32,640 --> 00:01:34,840 Speaker 1: all five of you, So yeah, I'll ship those out. 27 00:01:35,080 --> 00:01:37,800 Speaker 1: I wish I had five pairs, you and I. We 28 00:01:37,800 --> 00:01:42,000 Speaker 1: only have one pair? Right, how many do we order here? 29 00:01:42,040 --> 00:01:43,720 Speaker 1: We don't want to be wasteful. We we ordered a 30 00:01:43,720 --> 00:01:45,400 Speaker 1: bunch of them, but we're also we're kind of we're 31 00:01:45,440 --> 00:01:47,400 Speaker 1: kind of frugal, and so I think we're like, Okay, 32 00:01:47,400 --> 00:01:48,600 Speaker 1: you get a fair, I get a fair. You want 33 00:01:48,600 --> 00:01:50,520 Speaker 1: to reserve them for mostly for listeners? Should we save 34 00:01:50,560 --> 00:01:52,560 Speaker 1: them for Fridays? Is that when we should always wear 35 00:01:52,720 --> 00:01:55,240 Speaker 1: our how To Money songs Friday? Like fun Friday stuff. 36 00:01:56,280 --> 00:01:58,720 Speaker 1: But yeah, you folks can't expect to hear from us soon, 37 00:01:58,760 --> 00:02:01,120 Speaker 1: and there will be other opportunity for everyone else out 38 00:02:01,160 --> 00:02:04,640 Speaker 1: there to get a pair of custom performance crew how 39 00:02:04,640 --> 00:02:06,680 Speaker 1: to Money socks. Right right before we get to kind 40 00:02:06,680 --> 00:02:09,800 Speaker 1: of the Friday flight matt our listener David actually on 41 00:02:09,840 --> 00:02:12,280 Speaker 1: the note of socks, sent us an email with a 42 00:02:12,400 --> 00:02:17,720 Speaker 1: story from the Washington Post story. Yeah, Okay, this guy, 43 00:02:17,760 --> 00:02:20,840 Speaker 1: this customer of Bass Pro shops, had been buying the 44 00:02:21,000 --> 00:02:24,480 Speaker 1: socks that were guaranteed for life, and so he would 45 00:02:24,520 --> 00:02:27,000 Speaker 1: return them on occasion when they got holes in them, 46 00:02:27,040 --> 00:02:30,120 Speaker 1: and and they would replace them, no problem. But it 47 00:02:30,280 --> 00:02:33,480 Speaker 1: sounds like the last time he went there, they said, okay, 48 00:02:33,520 --> 00:02:36,040 Speaker 1: well now you're exchanging them for ones that have a 49 00:02:36,040 --> 00:02:39,640 Speaker 1: a sixty day guarantee. No longer are they guaranteed for life, 50 00:02:39,880 --> 00:02:42,720 Speaker 1: And so he is the complete doing They changed the sock, right, 51 00:02:42,760 --> 00:02:44,400 Speaker 1: like the sock used to have a lifetime war two 52 00:02:44,480 --> 00:02:46,560 Speaker 1: now the sock only it's the same sock. But they're 53 00:02:46,600 --> 00:02:48,320 Speaker 1: just like, yeah, we're we're not going to guarantee it 54 00:02:48,320 --> 00:02:50,840 Speaker 1: for life. And exactly, yeah, that's they're saying that this. 55 00:02:51,000 --> 00:02:52,480 Speaker 1: We don't stand behind the product in the same way 56 00:02:52,520 --> 00:02:53,800 Speaker 1: we used to. I guess what I'm saying is they 57 00:02:53,800 --> 00:02:57,200 Speaker 1: weren't targeting him. There were no they were like, oh, dudes, 58 00:02:57,280 --> 00:02:59,720 Speaker 1: coming in again, we're targeting everybody because stick it to him. 59 00:02:59,720 --> 00:03:01,400 Speaker 1: They're like, we're losing too much any on these socks, 60 00:03:01,639 --> 00:03:04,560 Speaker 1: and people like this customer are going to run it 61 00:03:04,600 --> 00:03:06,520 Speaker 1: out of been of this. So, yeah, what's what's your 62 00:03:06,560 --> 00:03:08,200 Speaker 1: thought on that? Is it frugally or cheap to file 63 00:03:08,320 --> 00:03:11,960 Speaker 1: a lawsuit against Basscrow shops when they kind of reneg 64 00:03:12,040 --> 00:03:14,120 Speaker 1: on their promise? Well for him to be upset about it, 65 00:03:14,200 --> 00:03:17,120 Speaker 1: I think it's totally fine because I feel that way too. 66 00:03:17,280 --> 00:03:19,120 Speaker 1: I've got a few pairs of I think I mentioned 67 00:03:19,160 --> 00:03:21,560 Speaker 1: this last week, but darn tough. They've got lifetime warranties 68 00:03:21,600 --> 00:03:23,760 Speaker 1: on their socks. And when I pay twenty dollars or 69 00:03:23,800 --> 00:03:26,000 Speaker 1: maybe even a little bit more than twenty bucks, I 70 00:03:26,000 --> 00:03:28,040 Speaker 1: am partly doing that because I want to be able 71 00:03:28,080 --> 00:03:30,760 Speaker 1: to replace those socks down the road when they develop 72 00:03:30,800 --> 00:03:33,079 Speaker 1: poles in them, and that's something that they advertise. Were 73 00:03:33,080 --> 00:03:35,440 Speaker 1: they to change that, well, that's the whole that's the 74 00:03:35,440 --> 00:03:37,400 Speaker 1: whole reason I bought the socks in the first place. 75 00:03:37,720 --> 00:03:39,840 Speaker 1: In insurance policy is a big part of the product 76 00:03:39,880 --> 00:03:42,600 Speaker 1: you're buying, exactly, and and similarly, that's how this guy felt. 77 00:03:42,640 --> 00:03:46,080 Speaker 1: And so like, would I file a lawsuit? I mean 78 00:03:46,320 --> 00:03:48,560 Speaker 1: probably not like I sound like a snarky email or 79 00:03:48,560 --> 00:03:52,200 Speaker 1: something like that. I would probably do that. But I 80 00:03:52,240 --> 00:03:54,040 Speaker 1: think it's frugal for that guy if he wants to 81 00:03:54,040 --> 00:03:55,880 Speaker 1: do it. I'm happy that he's doing it, and I'm 82 00:03:55,880 --> 00:03:58,360 Speaker 1: sure everybody else that has those socks are like, yeah, dude, 83 00:03:58,360 --> 00:04:00,520 Speaker 1: because it's a class actually stand up for us lawsuit 84 00:04:00,600 --> 00:04:03,200 Speaker 1: and they will. Hopefully I'll be able to participate in that. 85 00:04:03,360 --> 00:04:05,680 Speaker 1: But I think this was a huge misstep on Bass 86 00:04:05,720 --> 00:04:08,960 Speaker 1: Pro Shops. Party is bad press for them. Yeah, dude, 87 00:04:08,960 --> 00:04:12,240 Speaker 1: they still could have treated the customers who maybe have 88 00:04:12,280 --> 00:04:16,520 Speaker 1: already had those socks. Grandfather difficult to make create a 89 00:04:16,600 --> 00:04:18,520 Speaker 1: database or something like. I don't know, there there are 90 00:04:18,560 --> 00:04:22,000 Speaker 1: ways for them to figure this out, but moving forward, Okay, 91 00:04:22,040 --> 00:04:24,280 Speaker 1: now these socks moving forward will only have sixty days. 92 00:04:24,320 --> 00:04:26,120 Speaker 1: I think there's a way that they could have found 93 00:04:26,120 --> 00:04:28,479 Speaker 1: ways to cut costs. Is obviously that's what they're doing 94 00:04:28,480 --> 00:04:32,159 Speaker 1: while still keeping a happy customer. When you have these 95 00:04:32,200 --> 00:04:34,039 Speaker 1: are loyal instead of going cold turkey and just like 96 00:04:34,160 --> 00:04:35,800 Speaker 1: just chopping it off. Yeah, I feel like that's a 97 00:04:35,800 --> 00:04:38,240 Speaker 1: loyal customer who says I'm buying your products because the 98 00:04:38,320 --> 00:04:40,919 Speaker 1: guarantee and and yeah, you don't want a customer you 99 00:04:40,920 --> 00:04:42,839 Speaker 1: want you don't want to upset the apple cart for 100 00:04:42,920 --> 00:04:45,599 Speaker 1: something so small. Agreed, you can grandfather this guy in 101 00:04:45,680 --> 00:04:47,960 Speaker 1: Bass Pro Shops do the right thing. Let's just let 102 00:04:48,000 --> 00:04:51,400 Speaker 1: this guy have lifetime free free socks sending the right thing. Yeah, 103 00:04:51,440 --> 00:04:53,040 Speaker 1: they're not doing the right Thing're gonna settle all right, 104 00:04:53,120 --> 00:04:56,080 Speaker 1: Let's get to our Friday flight. And the first story 105 00:04:56,080 --> 00:04:59,359 Speaker 1: has to do with with miking. Google Maps has a 106 00:04:59,400 --> 00:05:03,599 Speaker 1: new biking feature, a feature to help people bike better, 107 00:05:03,920 --> 00:05:06,280 Speaker 1: and so there's a lot of bees going on right now. Well, 108 00:05:06,279 --> 00:05:09,400 Speaker 1: we always say that the biking is basically exercise and 109 00:05:09,480 --> 00:05:11,839 Speaker 1: the ability to save money all wrapped up into one thing. 110 00:05:12,120 --> 00:05:15,960 Speaker 1: Although sometimes finding the right route that avoids traffic and 111 00:05:16,120 --> 00:05:18,520 Speaker 1: some of the nastier hills out there can be tough. 112 00:05:18,920 --> 00:05:21,120 Speaker 1: So I think that holds a lot of people back 113 00:05:21,160 --> 00:05:24,039 Speaker 1: from maybe hopping on their bike because they don't know 114 00:05:24,400 --> 00:05:26,560 Speaker 1: what the safest route is to get to their destination, 115 00:05:26,880 --> 00:05:29,679 Speaker 1: and they're worried that on their non ebike, let's say, 116 00:05:29,839 --> 00:05:32,160 Speaker 1: they might encounter We used to have a hill when 117 00:05:32,160 --> 00:05:34,760 Speaker 1: I was growing up called Big Bertha, and they're like, like, 118 00:05:34,800 --> 00:05:36,600 Speaker 1: if I if I get on Big Bertha, man, I'm 119 00:05:36,600 --> 00:05:38,480 Speaker 1: gonna be sweating too much and I might not be 120 00:05:38,480 --> 00:05:40,280 Speaker 1: able to get But I gotta walk my bike up 121 00:05:40,320 --> 00:05:43,160 Speaker 1: and that's just not fun. So Google's new update to 122 00:05:43,240 --> 00:05:46,120 Speaker 1: Maps is making this this choice much easier. Pretty soon, 123 00:05:46,120 --> 00:05:49,440 Speaker 1: you're gonna get even more granular data like the availability 124 00:05:49,600 --> 00:05:51,839 Speaker 1: of like partial or full bike lanes on the path 125 00:05:51,880 --> 00:05:54,479 Speaker 1: that you're going. You can see elevation changes on a 126 00:05:54,520 --> 00:05:57,440 Speaker 1: particular street, and you can see how heavy the car 127 00:05:57,480 --> 00:05:59,680 Speaker 1: traffic is likely to be on the streets you plan 128 00:05:59,760 --> 00:06:02,320 Speaker 1: to use. So I think this is really cool. We 129 00:06:02,320 --> 00:06:03,839 Speaker 1: want more people to get out there on their bikes, 130 00:06:03,880 --> 00:06:06,039 Speaker 1: to save money and to get fitter and to just 131 00:06:06,160 --> 00:06:08,599 Speaker 1: enjoy where they live a little bit more, and I 132 00:06:08,680 --> 00:06:10,560 Speaker 1: like the Google is making it easier first to do that. 133 00:06:10,680 --> 00:06:12,520 Speaker 1: So I actually checked because I was curious if that's 134 00:06:12,520 --> 00:06:15,600 Speaker 1: already been implemented in our area. Um, and I saw that. 135 00:06:15,960 --> 00:06:18,279 Speaker 1: So the street availability or you know, whether or not 136 00:06:18,279 --> 00:06:20,880 Speaker 1: there's bike lanes that isn't up to date, but at 137 00:06:20,920 --> 00:06:24,120 Speaker 1: the elevation is on there. And so personally, I've never 138 00:06:24,160 --> 00:06:26,200 Speaker 1: looked much at it because I tend to just get 139 00:06:26,240 --> 00:06:29,640 Speaker 1: on my bike and ride and figure it out. Basically 140 00:06:29,680 --> 00:06:31,800 Speaker 1: a big birthday as like an additional channel like bring 141 00:06:31,800 --> 00:06:34,839 Speaker 1: it on. I I dig that additional sweat. But you know, 142 00:06:34,839 --> 00:06:38,560 Speaker 1: according to Google, we've seen increase in biking activity in 143 00:06:38,560 --> 00:06:40,320 Speaker 1: the past few months, I'm sure that a lot, a 144 00:06:40,320 --> 00:06:42,360 Speaker 1: lot of that does have to do with warmer temperatures 145 00:06:42,400 --> 00:06:43,960 Speaker 1: as folks have been able to get outside. But I'm 146 00:06:43,960 --> 00:06:46,080 Speaker 1: glad to see that folks are actually using those bikes 147 00:06:46,120 --> 00:06:51,080 Speaker 1: that they bought during the pandemic. Unlike pelotons and other 148 00:06:51,080 --> 00:06:54,520 Speaker 1: pandemic purchases, the stationary ones are have now become a 149 00:06:54,880 --> 00:06:56,800 Speaker 1: place to put your laundry. At least you can hang 150 00:06:57,160 --> 00:06:59,720 Speaker 1: that towel on your on your stationtoor bikes. So they 151 00:07:00,000 --> 00:07:02,040 Speaker 1: got to get used, come on. Absolutely. So we talked 152 00:07:02,040 --> 00:07:04,880 Speaker 1: about the recession chatter last week for a second, Well, 153 00:07:04,880 --> 00:07:08,159 Speaker 1: it turns out that credit card companies they aren't worried 154 00:07:08,160 --> 00:07:11,480 Speaker 1: about a recession. Uh, they are actually getting even more 155 00:07:11,560 --> 00:07:14,920 Speaker 1: aggressive when it comes to acquiring new customers, and they're 156 00:07:14,960 --> 00:07:19,000 Speaker 1: sending out solicitations like like candy. Basically, according to the 157 00:07:19,040 --> 00:07:21,680 Speaker 1: Financial Times, there was a forty seven percent surge and 158 00:07:21,720 --> 00:07:25,520 Speaker 1: paper and digital solicitations in Q one. Uh in Q 159 00:07:25,640 --> 00:07:27,760 Speaker 1: two likely saw an even bigger increase. We just don't 160 00:07:27,800 --> 00:07:31,239 Speaker 1: have those numbers yet, but sign up bonuses are getting 161 00:07:31,360 --> 00:07:34,280 Speaker 1: richer on some cards in an effort to attract new 162 00:07:34,320 --> 00:07:37,000 Speaker 1: customers as well. And so yeah, what what what? Should 163 00:07:37,040 --> 00:07:39,000 Speaker 1: you do as a how to money listener. Well, we 164 00:07:39,040 --> 00:07:40,920 Speaker 1: are totally cool with you getting a new card in 165 00:07:41,000 --> 00:07:44,080 Speaker 1: order to snag a sign up bonus that's often gonna 166 00:07:44,120 --> 00:07:47,240 Speaker 1: mean free money or like a boatload of free travel points. 167 00:07:47,240 --> 00:07:49,320 Speaker 1: But we only want you to do that if it 168 00:07:49,360 --> 00:07:52,480 Speaker 1: doesn't increase your overall spend amount, uh, and if you 169 00:07:52,520 --> 00:07:55,040 Speaker 1: pay that puppy off on time and in full every 170 00:07:55,080 --> 00:07:56,920 Speaker 1: single month. Yeah. So I just signed up for a 171 00:07:56,960 --> 00:07:59,600 Speaker 1: new credit card mat in order to get the additional 172 00:07:59,600 --> 00:08:03,000 Speaker 1: bonus because we gotta pay for the next semester of 173 00:08:03,040 --> 00:08:06,560 Speaker 1: my wife's school and on the car exactly. It's like 174 00:08:06,600 --> 00:08:09,560 Speaker 1: the perfect time because it's it'sn't that cheap graduate school. 175 00:08:09,760 --> 00:08:11,640 Speaker 1: So when you can do that in one fell swoop, 176 00:08:11,720 --> 00:08:15,360 Speaker 1: at least get yeah bucks, did you do the chase? No? 177 00:08:15,440 --> 00:08:19,480 Speaker 1: I did the Capital one Venture card. So we'll link 178 00:08:19,480 --> 00:08:20,680 Speaker 1: to that one in the show notes if you want, 179 00:08:20,800 --> 00:08:22,440 Speaker 1: if you want to check it out. But this is 180 00:08:22,440 --> 00:08:24,440 Speaker 1: the kind of thing where you can take advantage of 181 00:08:24,520 --> 00:08:27,560 Speaker 1: that's something we're gonna we're gonna pay for anyway, right, 182 00:08:27,600 --> 00:08:29,800 Speaker 1: But anyway you'd already say about the money, you know 183 00:08:29,840 --> 00:08:31,200 Speaker 1: that you're gonna be able to pay that off. So 184 00:08:31,360 --> 00:08:33,360 Speaker 1: like you're going you're you're going into this purchase without 185 00:08:33,400 --> 00:08:35,040 Speaker 1: a plan. Yeah, you've got a plan, You're gonna pay 186 00:08:35,040 --> 00:08:36,000 Speaker 1: it off. And I could have put it on one 187 00:08:36,040 --> 00:08:37,880 Speaker 1: of the credit cards already had, But then I'm missing 188 00:08:37,880 --> 00:08:41,120 Speaker 1: out on something like, you know, eight hundred bucks in 189 00:08:41,520 --> 00:08:44,800 Speaker 1: free rewards, So why not get ten percent off basically 190 00:08:44,800 --> 00:08:46,800 Speaker 1: on my life education. Oh and by the way, Matt, 191 00:08:46,840 --> 00:08:49,400 Speaker 1: you mentioned just more and more solicitations coming in in 192 00:08:49,440 --> 00:08:52,319 Speaker 1: people's mailboxes. If you're tired of getting that stuff, or 193 00:08:52,360 --> 00:08:53,640 Speaker 1: if it attempts you to sign up for a card 194 00:08:53,679 --> 00:08:56,040 Speaker 1: maybe that you don't need or want, just go to 195 00:08:56,360 --> 00:08:58,520 Speaker 1: opt out prescreen dot com. We'll link to that in 196 00:08:58,520 --> 00:09:00,880 Speaker 1: the show notes too. But that's the where you can say, 197 00:09:01,080 --> 00:09:03,240 Speaker 1: don't send that stuff my way anymore, and the credit 198 00:09:03,280 --> 00:09:06,480 Speaker 1: card companies will stop. And speaking of credit cards, a 199 00:09:06,520 --> 00:09:09,960 Speaker 1: new credit cards dot Com survey shows that young folks 200 00:09:10,440 --> 00:09:13,760 Speaker 1: are actually the worst tippers. And it said even if 201 00:09:13,760 --> 00:09:16,800 Speaker 1: they make a solid income. Right, So it was funny 202 00:09:16,800 --> 00:09:19,600 Speaker 1: to me that it wasn't just based on Okay, people 203 00:09:19,640 --> 00:09:21,880 Speaker 1: that make less money don't tip as well, that's not 204 00:09:21,920 --> 00:09:25,000 Speaker 1: what this survey found. And so specifically, uh, they're talking 205 00:09:25,000 --> 00:09:28,079 Speaker 1: about millennials and Gen z ears, and you know, here 206 00:09:28,120 --> 00:09:29,880 Speaker 1: we go again with everyone out there blaming us for 207 00:09:29,920 --> 00:09:31,800 Speaker 1: all the wrong things in the world. But I guess 208 00:09:31,840 --> 00:09:33,520 Speaker 1: I'm curious to know burning the world down with your 209 00:09:33,559 --> 00:09:36,280 Speaker 1: avocado toast and and your inability to tip and your 210 00:09:36,280 --> 00:09:39,280 Speaker 1: paltry tips. So yeah, what what's your what are your thoughts? 211 00:09:39,320 --> 00:09:41,560 Speaker 1: Is there? Do we have some sort of moral obligation 212 00:09:41,640 --> 00:09:43,440 Speaker 1: to tip? You know, we've talked about this. I feel 213 00:09:43,440 --> 00:09:46,120 Speaker 1: like at every turn, more and more places we're getting 214 00:09:46,200 --> 00:09:49,079 Speaker 1: asked to tip um. And there's like the little iPad 215 00:09:49,120 --> 00:09:51,200 Speaker 1: that gets turned around, and even at the coffee shop 216 00:09:51,200 --> 00:09:53,400 Speaker 1: it's like do you want to tip thirty fifty or 217 00:09:54,160 --> 00:09:57,079 Speaker 1: on those ursas? Sometimes it's awkward, But so how do 218 00:09:57,120 --> 00:10:00,720 Speaker 1: you think about It's interesting that like the breakdowncurs between 219 00:10:00,800 --> 00:10:05,000 Speaker 1: like zoomers millennials and then Gen xers and baby boomers 220 00:10:05,040 --> 00:10:07,800 Speaker 1: seem to be like more way more generous with her tips. 221 00:10:07,840 --> 00:10:10,080 Speaker 1: And what's really interesting, if you think about it, is 222 00:10:10,200 --> 00:10:12,000 Speaker 1: that is also where you see are just a massive 223 00:10:12,000 --> 00:10:14,400 Speaker 1: divide when it comes to net worth, Like literally like 224 00:10:14,480 --> 00:10:18,439 Speaker 1: zoomers don't even register unlike the percentage of net worth 225 00:10:18,480 --> 00:10:21,160 Speaker 1: that they that they hold compared like millennials or something 226 00:10:21,200 --> 00:10:23,760 Speaker 1: like six percent, and all the rest are older generations. 227 00:10:24,040 --> 00:10:25,439 Speaker 1: And so what it seems like it's going on, or 228 00:10:25,559 --> 00:10:28,000 Speaker 1: I don't know might be going on, is that there 229 00:10:28,280 --> 00:10:32,000 Speaker 1: is what I would argue an inability to stomach bad 230 00:10:32,040 --> 00:10:35,000 Speaker 1: service by younger generations. Right Like, So I'm not making 231 00:10:35,040 --> 00:10:37,760 Speaker 1: an excuse saying that, hey, oh, you can start leaving 232 00:10:37,760 --> 00:10:39,440 Speaker 1: a tip once you've built up a big net worth. 233 00:10:39,559 --> 00:10:42,000 Speaker 1: What I'm saying is, I think when maybe when you 234 00:10:42,080 --> 00:10:44,280 Speaker 1: have a lot of money in the bank, you've got 235 00:10:44,320 --> 00:10:47,640 Speaker 1: a substantial net worth, when you are presented with poor service, 236 00:10:47,920 --> 00:10:51,079 Speaker 1: that you're still okay tipping, almost like you're immune to 237 00:10:51,200 --> 00:10:54,120 Speaker 1: bad service. Whereas if every dollar that you earn is 238 00:10:54,200 --> 00:10:56,720 Speaker 1: incredibly valuable when you're younger, when you are a millennial, 239 00:10:56,720 --> 00:10:59,400 Speaker 1: when you are a zoomer, and in those instances, I 240 00:10:59,440 --> 00:11:03,040 Speaker 1: think it is okay to adjust your tip accordingly. And 241 00:11:03,080 --> 00:11:05,199 Speaker 1: again I'm not saying that you should not tip at all. 242 00:11:05,240 --> 00:11:07,520 Speaker 1: I still think there's maybe like that there should be 243 00:11:07,520 --> 00:11:10,480 Speaker 1: a baseline, like I've never not tipped at least ten percent, 244 00:11:10,520 --> 00:11:12,439 Speaker 1: Like I feel like, in my mind ten percent is 245 00:11:12,440 --> 00:11:14,760 Speaker 1: like the new zero. Yeah, and tim percent for something 246 00:11:14,760 --> 00:11:17,080 Speaker 1: like counter service I'm cool with. I guess it's just 247 00:11:17,200 --> 00:11:20,199 Speaker 1: it can be frustrating to see like options for tipping 248 00:11:20,400 --> 00:11:24,360 Speaker 1: at a counter service style place that exceed and that's 249 00:11:24,360 --> 00:11:27,920 Speaker 1: like the basic ask and that feels unreasonable to me. Yeah, 250 00:11:28,160 --> 00:11:29,720 Speaker 1: like I'm gonna go in there with a custom amount 251 00:11:29,800 --> 00:11:31,720 Speaker 1: if if that's what you got up there on the screen, 252 00:11:31,920 --> 00:11:34,000 Speaker 1: But in my mind, I don't know this. So this 253 00:11:34,040 --> 00:11:36,600 Speaker 1: is a theory and proposing though that there is just 254 00:11:36,720 --> 00:11:40,280 Speaker 1: more variance with tipping depending on the service that you 255 00:11:40,320 --> 00:11:43,120 Speaker 1: are given, basically because I'm I'm happy to tip even 256 00:11:43,120 --> 00:11:46,040 Speaker 1: more like I will tip if I've got if dude, 257 00:11:46,040 --> 00:11:48,839 Speaker 1: if someone's like talks to us and engages and helps 258 00:11:48,880 --> 00:11:51,079 Speaker 1: us to thoughtfully think about a menu or mix a 259 00:11:51,160 --> 00:11:53,760 Speaker 1: recommendation on a type of beer, anytime that there's like 260 00:11:53,800 --> 00:11:57,679 Speaker 1: really good beer talk going on, I'm such if they're like, oh, 261 00:11:57,720 --> 00:11:59,760 Speaker 1: have you had this? And if we're talking through a 262 00:11:59,800 --> 00:12:03,760 Speaker 1: beer menu, man, they are, well they're totally gonna get 263 00:12:05,200 --> 00:12:07,880 Speaker 1: of when it comes to the tip line. Yeah. I 264 00:12:07,880 --> 00:12:09,880 Speaker 1: think the other thing that people need to think about 265 00:12:10,000 --> 00:12:12,520 Speaker 1: is if I can't afford to tip, should I be 266 00:12:12,559 --> 00:12:15,520 Speaker 1: going out to eat? If you can't And you're like 267 00:12:15,760 --> 00:12:18,640 Speaker 1: I can't be generous um with with the server, and 268 00:12:18,720 --> 00:12:20,720 Speaker 1: I'm gonna have to basically give them a short shrift 269 00:12:20,880 --> 00:12:22,640 Speaker 1: that you should probably stay home and not go out 270 00:12:22,640 --> 00:12:24,320 Speaker 1: at all. Agreed. Yeah, I think that's just a part 271 00:12:24,320 --> 00:12:26,600 Speaker 1: of that transaction. That's a part of what should be 272 00:12:26,640 --> 00:12:31,200 Speaker 1: expected out of patrons. All right, let's talk about jobs. Uh, dude, 273 00:12:31,280 --> 00:12:34,000 Speaker 1: is the Great Resignation even happening anymore? At this point? 274 00:12:34,000 --> 00:12:38,240 Speaker 1: I feel it was. It was such every single headline. 275 00:12:38,760 --> 00:12:40,760 Speaker 1: I'm not sure. I don't really care, honestly, But the 276 00:12:40,840 --> 00:12:44,080 Speaker 1: reality is that a lot of folks who jumped to 277 00:12:44,160 --> 00:12:47,280 Speaker 1: a new opportunity have been able to increase their pay 278 00:12:47,400 --> 00:12:50,280 Speaker 1: in a seriously big way. And while you know the 279 00:12:50,360 --> 00:12:52,760 Speaker 1: job market it's it's softening just a bit. It's a 280 00:12:52,880 --> 00:12:56,600 Speaker 1: it's like less raging bonfire, maybe more piping hot solo stove. 281 00:12:56,920 --> 00:12:59,959 Speaker 1: That's another pandemic reference for a lot of people got sold. 282 00:13:00,559 --> 00:13:03,400 Speaker 1: Even still, folks that are still changing jobs in order 283 00:13:03,440 --> 00:13:06,319 Speaker 1: to increase their incomes. Uh. And thanks to everyone's new 284 00:13:06,320 --> 00:13:10,000 Speaker 1: pal inflation, real earnings for workers who stayed put at 285 00:13:10,040 --> 00:13:14,280 Speaker 1: their current positions actually declined by one point seven percent. 286 00:13:14,760 --> 00:13:17,360 Speaker 1: But workers who pieced out they saw an average real 287 00:13:17,400 --> 00:13:21,120 Speaker 1: wage increase of nearly ten percent nine point seven. That 288 00:13:21,320 --> 00:13:23,839 Speaker 1: is a healthy increase. And this is according to data 289 00:13:24,160 --> 00:13:27,600 Speaker 1: from our our new besties over at Pew Research. And 290 00:13:27,640 --> 00:13:29,560 Speaker 1: so we share this because we want to highlight that 291 00:13:29,760 --> 00:13:33,079 Speaker 1: obviously money is not everything. Uh, And leaving a job 292 00:13:33,360 --> 00:13:35,360 Speaker 1: just to make more money like that does not always 293 00:13:35,400 --> 00:13:37,760 Speaker 1: make sense. There are a number of factors that you 294 00:13:37,760 --> 00:13:40,240 Speaker 1: want to consider. But this is how the money, This 295 00:13:40,320 --> 00:13:41,960 Speaker 1: is the show, and this is what we talk about 296 00:13:41,960 --> 00:13:44,959 Speaker 1: in money is a meaningful part of that equation. Uh. 297 00:13:45,000 --> 00:13:46,679 Speaker 1: And so a lot of listeners out there we think 298 00:13:46,679 --> 00:13:50,480 Speaker 1: could still get a substantial pay bump by finding employment elsewhere. 299 00:13:50,600 --> 00:13:53,000 Speaker 1: We want that to be something that you are considering, 300 00:13:53,040 --> 00:13:55,040 Speaker 1: just like when when we talk about different expenses in 301 00:13:55,040 --> 00:13:56,959 Speaker 1: our lives. We want you to question everything. And I 302 00:13:56,960 --> 00:13:59,720 Speaker 1: think it's always worth questioning, well, is this a job 303 00:13:59,760 --> 00:14:01,040 Speaker 1: that I want to stick with? Is this where I'm 304 00:14:01,040 --> 00:14:04,120 Speaker 1: going to continue to have my my bread buttered? Yeah? 305 00:14:04,120 --> 00:14:06,480 Speaker 1: And and just because the job market is softening a 306 00:14:06,480 --> 00:14:08,760 Speaker 1: little bit doesn't mean you can't still jump ship and 307 00:14:08,800 --> 00:14:11,240 Speaker 1: get a massive raise. That there's still a lot of 308 00:14:11,240 --> 00:14:14,080 Speaker 1: opportunity out there, and Matt, it just there's a new 309 00:14:14,120 --> 00:14:16,640 Speaker 1: York Times article this week on on the job market, 310 00:14:16,679 --> 00:14:18,880 Speaker 1: but the job market for teens, so that's the child 311 00:14:18,960 --> 00:14:23,040 Speaker 1: labor parneer are headlines today, but it actually it talked 312 00:14:23,080 --> 00:14:26,360 Speaker 1: about how the best extracurricular activity for many high school 313 00:14:26,400 --> 00:14:31,280 Speaker 1: students maybe getting a job. And I gotta say, I 314 00:14:31,320 --> 00:14:34,119 Speaker 1: like where they're headed with this one, because I agree wholeheartedly. 315 00:14:34,560 --> 00:14:36,760 Speaker 1: Of course, there are some teens right where they're in 316 00:14:36,800 --> 00:14:39,000 Speaker 1: a situation that requires them to get a job to 317 00:14:39,040 --> 00:14:41,640 Speaker 1: help their family out. They don't have the luxury necessarily 318 00:14:41,640 --> 00:14:44,680 Speaker 1: to choose between getting a job and doing more school activities. 319 00:14:44,880 --> 00:14:47,920 Speaker 1: But regardless of the reason why a teenager gets a job, 320 00:14:48,160 --> 00:14:50,160 Speaker 1: there's just so many different lessons that kids can learn, 321 00:14:50,200 --> 00:14:53,040 Speaker 1: we would say, working part time totally during those years 322 00:14:53,480 --> 00:14:56,760 Speaker 1: that they're unlikely to learn in most classrooms at most schools. 323 00:14:57,320 --> 00:14:59,520 Speaker 1: Uh man. I got my first job at fourteen. I 324 00:14:59,520 --> 00:15:00,840 Speaker 1: mean I was working and before that, even in the 325 00:15:00,880 --> 00:15:03,160 Speaker 1: neighborhood mowing lawns and stuff like that, probably from the 326 00:15:03,160 --> 00:15:05,120 Speaker 1: age of twelve. But my first legit job at the 327 00:15:05,120 --> 00:15:06,920 Speaker 1: age of fourteen, I was like eleven year old pool boy, 328 00:15:07,920 --> 00:15:11,240 Speaker 1: could barely swim, Yeah, just kidding, next to clean your 329 00:15:11,280 --> 00:15:15,720 Speaker 1: pool and yeah, so I think my my my first job, 330 00:15:15,720 --> 00:15:17,720 Speaker 1: I was getting paid five dollars and fifteen cents an hour. 331 00:15:18,160 --> 00:15:19,920 Speaker 1: But it was right across the street from my high school. 332 00:15:20,320 --> 00:15:22,440 Speaker 1: Right when I got off of got out of school. 333 00:15:22,480 --> 00:15:25,200 Speaker 1: I would go walking across the street and throw in 334 00:15:25,240 --> 00:15:27,440 Speaker 1: the uniform work for a few hours. And this is 335 00:15:27,440 --> 00:15:29,480 Speaker 1: one of those things I like, I learned so much. 336 00:15:29,720 --> 00:15:32,560 Speaker 1: And I remember my manager her her go to phrase 337 00:15:32,720 --> 00:15:34,440 Speaker 1: was if you had time to lean, you got time 338 00:15:34,480 --> 00:15:36,640 Speaker 1: to clean. And so I thought I was taking a 339 00:15:36,680 --> 00:15:38,840 Speaker 1: break in the classic line. She wasn't having it. And 340 00:15:39,200 --> 00:15:42,320 Speaker 1: so I learned a lot about about responsibility really and 341 00:15:42,520 --> 00:15:45,760 Speaker 1: kind of how to work with superiors and peers exactly 342 00:15:45,840 --> 00:15:48,160 Speaker 1: during those days. And I'm sure she was probably just 343 00:15:48,240 --> 00:15:50,840 Speaker 1: a fine boss, right, But like, I think that's one 344 00:15:50,840 --> 00:15:52,360 Speaker 1: of the things that you learned when you do get 345 00:15:52,360 --> 00:15:53,920 Speaker 1: a job at a young age. You learned how to 346 00:15:54,480 --> 00:15:56,640 Speaker 1: what it takes to work under somebody maybe who isn't 347 00:15:56,680 --> 00:15:58,600 Speaker 1: so great. A lot a lot of bosses out there 348 00:15:58,600 --> 00:16:00,320 Speaker 1: are fantastic, but there are some are a lot of 349 00:16:00,320 --> 00:16:02,720 Speaker 1: managers who aren't so great about working when you don't 350 00:16:02,720 --> 00:16:05,880 Speaker 1: necessarily want to write because you're on the schedules. Yeah, 351 00:16:05,880 --> 00:16:07,960 Speaker 1: you're on the schedule, and like you said, working with others, 352 00:16:07,960 --> 00:16:10,280 Speaker 1: there's a certain amount of teamwork that comes into play 353 00:16:10,320 --> 00:16:13,120 Speaker 1: with folks where it's like, man, you didn't choose these, 354 00:16:13,480 --> 00:16:15,520 Speaker 1: Like these aren't teammates that you chose for a class project, 355 00:16:16,200 --> 00:16:18,640 Speaker 1: you know, Like these aren't even folks who were taking 356 00:16:18,680 --> 00:16:20,960 Speaker 1: the same class as you. Like who knows like the 357 00:16:21,000 --> 00:16:22,840 Speaker 1: backgrounds of the folks that you're working with, but you 358 00:16:22,880 --> 00:16:25,040 Speaker 1: still have to work together to get the job done. 359 00:16:25,080 --> 00:16:27,000 Speaker 1: There's there's the type of learning that takes place within 360 00:16:27,080 --> 00:16:29,640 Speaker 1: a like a workplace environment like that that's just so robust, 361 00:16:30,160 --> 00:16:32,360 Speaker 1: like you said, like that does not happen within a 362 00:16:32,840 --> 00:16:35,160 Speaker 1: within like a school setting. One of the most important 363 00:16:35,160 --> 00:16:37,560 Speaker 1: things we're talking about inflation and wage inflation. There's been 364 00:16:37,600 --> 00:16:40,240 Speaker 1: even more at that bottom end of the scale, and 365 00:16:40,280 --> 00:16:42,720 Speaker 1: so teenagers can make like, like I said, my starting 366 00:16:42,720 --> 00:16:44,960 Speaker 1: salary was five dollars fifteen cents. Now a lot of 367 00:16:44,960 --> 00:16:47,720 Speaker 1: teenagers can get a job making something like fifteen, sixteen, 368 00:16:47,760 --> 00:16:51,360 Speaker 1: seventeen dollars an hour pretty easily with you know, nothing 369 00:16:51,360 --> 00:16:54,040 Speaker 1: on their resume. So that's just kind of another pointer 370 00:16:54,120 --> 00:16:55,960 Speaker 1: in the right direction, like, oh, go cool, I can 371 00:16:55,960 --> 00:16:58,040 Speaker 1: actually make some real money going out there and getting 372 00:16:58,040 --> 00:16:59,760 Speaker 1: a part time job. Yeah, and I think there are 373 00:16:59,800 --> 00:17:01,560 Speaker 1: a lot of parents who are you know, are they're 374 00:17:01,560 --> 00:17:03,040 Speaker 1: a little worried because they're thinking, well, I want to 375 00:17:03,080 --> 00:17:05,199 Speaker 1: make sure my kids are focusing on their grades, that 376 00:17:05,200 --> 00:17:06,680 Speaker 1: they're able to get into the college that they want 377 00:17:06,680 --> 00:17:09,359 Speaker 1: to get to get into. And we asked the question 378 00:17:09,480 --> 00:17:12,920 Speaker 1: on our Wednesday episode, is college for dummies? And I 379 00:17:12,960 --> 00:17:16,840 Speaker 1: think that desire over the past multiple decades of parents 380 00:17:17,119 --> 00:17:20,480 Speaker 1: just shuttling their kids down that college path has led 381 00:17:20,560 --> 00:17:22,960 Speaker 1: a lot of folks to not even consider an after 382 00:17:22,960 --> 00:17:25,560 Speaker 1: school job because they are focusing on their But the 383 00:17:25,600 --> 00:17:27,920 Speaker 1: fact is not everybody has cut out for college. And 384 00:17:27,960 --> 00:17:30,480 Speaker 1: so what that means is that there's an entire, I 385 00:17:30,480 --> 00:17:33,440 Speaker 1: don't know generation of of people right now who maybe 386 00:17:33,440 --> 00:17:34,840 Speaker 1: didn't end up going to college, or if they did, 387 00:17:34,880 --> 00:17:38,040 Speaker 1: didn't graduate, and they also missed out on the benefits 388 00:17:38,280 --> 00:17:40,679 Speaker 1: on that sort of informal education of becoming a well 389 00:17:40,720 --> 00:17:43,359 Speaker 1: arounded person. What they would have learned had they started 390 00:17:43,400 --> 00:17:47,280 Speaker 1: working under a great manager or a fantastic boss at 391 00:17:47,320 --> 00:17:50,800 Speaker 1: the age of fifteen, which are some incredibly formidable years. 392 00:17:50,840 --> 00:17:52,840 Speaker 1: And even if your kid is going to college, it 393 00:17:52,880 --> 00:17:55,359 Speaker 1: doesn't mean that some work history in high school isn't 394 00:17:55,359 --> 00:17:57,160 Speaker 1: helpful to them because it is you're learning a lot 395 00:17:57,160 --> 00:17:59,320 Speaker 1: of real life skills before you got to get into 396 00:17:59,320 --> 00:18:01,560 Speaker 1: real life. And and I don't think you should necessarily 397 00:18:01,600 --> 00:18:03,520 Speaker 1: be making your high school or work thirty hours a week, 398 00:18:03,680 --> 00:18:05,760 Speaker 1: but I'm like, you know, eight to ten hours, like 399 00:18:05,920 --> 00:18:07,480 Speaker 1: two three shifts. It can be. Yeah, it can be 400 00:18:07,480 --> 00:18:09,399 Speaker 1: a nice balance. It can help them learn some skills, 401 00:18:09,480 --> 00:18:10,960 Speaker 1: make a little bit of money. And so I don't 402 00:18:10,960 --> 00:18:12,480 Speaker 1: think it has to be all or nothing. It's like, oh, 403 00:18:12,520 --> 00:18:14,800 Speaker 1: they can only focus on school. They can do both, 404 00:18:14,960 --> 00:18:18,600 Speaker 1: right s seventeen year olds, they are equipped to do both. 405 00:18:18,720 --> 00:18:20,639 Speaker 1: So we we think more kids should be going in 406 00:18:20,640 --> 00:18:23,040 Speaker 1: that direction. We agree with the New York Times. But man, 407 00:18:23,119 --> 00:18:25,360 Speaker 1: we got more stories to cover on this Friday flight, 408 00:18:25,640 --> 00:18:29,960 Speaker 1: including um, some egregious actions by the credit bureau Equifax. 409 00:18:29,960 --> 00:18:36,080 Speaker 1: We'll talk about that and more right after this break. 410 00:18:41,560 --> 00:18:43,920 Speaker 1: All right, we're back, and we will talk about how 411 00:18:43,960 --> 00:18:47,639 Speaker 1: Equifax still sucks next time. Say it like Arnold Schwarzeninger. 412 00:18:47,960 --> 00:18:50,480 Speaker 1: Oh yeah, I'm not gonna do that, only because you 413 00:18:50,560 --> 00:18:54,280 Speaker 1: just told me to. On the contrary, and uh no, 414 00:18:54,320 --> 00:18:56,120 Speaker 1: we're gonna get to our ludicrous headline of the week, 415 00:18:56,200 --> 00:19:00,240 Speaker 1: right now, man, And this headline read US Bank mind 416 00:19:00,480 --> 00:19:03,200 Speaker 1: thirty seven and a half million dollars for opening fake 417 00:19:03,240 --> 00:19:07,800 Speaker 1: customer accounts. The Consumer Financial Protection Bureau, they just the CFPB. 418 00:19:08,320 --> 00:19:10,600 Speaker 1: They revealed this at the end of last week. And 419 00:19:10,640 --> 00:19:12,880 Speaker 1: it turns out there's another bank out there who's trying 420 00:19:12,920 --> 00:19:15,880 Speaker 1: to be like Wells Fargo. And you know, you'd think 421 00:19:16,040 --> 00:19:18,520 Speaker 1: that after all that Wells Fargo went through US Bank, 422 00:19:18,600 --> 00:19:22,119 Speaker 1: maybe they would have learned from Wells Fargo's mistakes, But 423 00:19:22,200 --> 00:19:24,520 Speaker 1: it turns out that didn't happen because it was going 424 00:19:24,600 --> 00:19:26,920 Speaker 1: on basically at the same time as all the Wells 425 00:19:26,960 --> 00:19:30,520 Speaker 1: fargers happening for a decade exactly. Yeah. The CFPB said 426 00:19:30,520 --> 00:19:33,240 Speaker 1: that the U S Bank not only opened up unwanted 427 00:19:33,320 --> 00:19:36,280 Speaker 1: checking and saving his accounts for its customers, but also 428 00:19:36,320 --> 00:19:38,679 Speaker 1: credit cards in the lines of credit. And I know 429 00:19:38,720 --> 00:19:41,680 Speaker 1: we say this a lot that I think it bears repeating, 430 00:19:41,720 --> 00:19:45,920 Speaker 1: and that is the big banks suck. We would not 431 00:19:46,000 --> 00:19:49,880 Speaker 1: recommend that you do business with them voluntarily. Generally speaking, 432 00:19:49,920 --> 00:19:52,800 Speaker 1: big banks their rates are inferior, Their customer service sucks. 433 00:19:53,240 --> 00:19:55,840 Speaker 1: Their fees are typically higher, and you know, you might 434 00:19:55,880 --> 00:19:59,040 Speaker 1: just find yourself getting treated even more poorly in the 435 00:19:59,040 --> 00:20:02,080 Speaker 1: case of being a Wells Fargo or a US bank. 436 00:20:02,119 --> 00:20:04,720 Speaker 1: Customers stay away from those big names. Yeah, I'm glad 437 00:20:04,720 --> 00:20:07,159 Speaker 1: they're being held to held to account with lead. Their 438 00:20:07,160 --> 00:20:09,280 Speaker 1: feet are being held to the fire. We're here talking 439 00:20:09,280 --> 00:20:12,600 Speaker 1: about another case in which companies are not being held 440 00:20:12,600 --> 00:20:15,000 Speaker 1: responsible for their actions in just a second. But first, 441 00:20:15,160 --> 00:20:17,000 Speaker 1: since we're talking about fees, Matt, there was an article 442 00:20:17,040 --> 00:20:19,800 Speaker 1: in the Wall Street Journal about the ways hotels are 443 00:20:19,880 --> 00:20:22,919 Speaker 1: increasing fees on their customers this week. That they're charging 444 00:20:23,119 --> 00:20:28,240 Speaker 1: guests anywhere between two dollars just to reserve a chair 445 00:20:28,400 --> 00:20:30,960 Speaker 1: by the pool so that you can ensure that you've 446 00:20:30,960 --> 00:20:34,199 Speaker 1: got a spot on a Saturday morning. That struck me 447 00:20:34,320 --> 00:20:37,240 Speaker 1: as nice. It's sometimes to have a spot by the pool. 448 00:20:37,280 --> 00:20:40,120 Speaker 1: Not for that kind of money though, that's crazy. But yeah, 449 00:20:40,320 --> 00:20:43,120 Speaker 1: these aren't even necessarily some sort of fancy cush loungers 450 00:20:43,200 --> 00:20:46,719 Speaker 1: sometimes just basic pool recliners and so um, yeah, when 451 00:20:46,760 --> 00:20:49,120 Speaker 1: we're talking about we don't really like fees, Matt. Maybe 452 00:20:49,119 --> 00:20:51,560 Speaker 1: this is something we should dedicate a whole episode too 453 00:20:51,920 --> 00:20:53,560 Speaker 1: in the near future, because I think we've done a 454 00:20:53,600 --> 00:20:55,720 Speaker 1: fees episode. We have, but there's I feel like it 455 00:20:55,760 --> 00:20:58,200 Speaker 1: feels too long ago. There's a whole new generation of 456 00:20:58,280 --> 00:21:01,080 Speaker 1: fees exactly. There's more more fees popping up. And so 457 00:21:01,640 --> 00:21:03,639 Speaker 1: even when it comes to like resort fees, right, that's 458 00:21:03,680 --> 00:21:06,360 Speaker 1: something that's happening at hotels more and more frequently, something 459 00:21:06,400 --> 00:21:09,960 Speaker 1: like forty bucks a night. They're making that mandatory because yeah, 460 00:21:10,200 --> 00:21:12,520 Speaker 1: it's a resort fee, and what does it actually cover, Well, 461 00:21:12,560 --> 00:21:15,480 Speaker 1: we don't really know, but um, it's the WiFi, Yeah, 462 00:21:15,600 --> 00:21:18,040 Speaker 1: cover your coffee makers. Yeah maybe, I guess. So, so 463 00:21:18,480 --> 00:21:20,200 Speaker 1: that's what they say. But it's like, no, this is 464 00:21:20,280 --> 00:21:22,480 Speaker 1: just you being able to pat your profits. Yes it is. 465 00:21:22,600 --> 00:21:24,480 Speaker 1: And so before you take your next trip, check out 466 00:21:24,480 --> 00:21:26,960 Speaker 1: the hotel's website for more information on the fees they charge, 467 00:21:27,200 --> 00:21:29,480 Speaker 1: and read reviews on a site like trip Advisor, because 468 00:21:29,520 --> 00:21:32,840 Speaker 1: oftentimes those reviewers will point out how ridiculous the fees 469 00:21:32,880 --> 00:21:34,840 Speaker 1: might be at a particular place. It might help you 470 00:21:35,000 --> 00:21:37,320 Speaker 1: steer clear of some of those unexpected fees. Now, we 471 00:21:37,400 --> 00:21:40,479 Speaker 1: just went want a trip last weekend to just outside 472 00:21:40,480 --> 00:21:42,280 Speaker 1: of Nashville to the operus Land Hotel, which is a 473 00:21:42,320 --> 00:21:44,680 Speaker 1: beautiful hotel. By the way, my father in law like 474 00:21:45,040 --> 00:21:47,359 Speaker 1: paid for everything. He had some some points and stuff 475 00:21:47,400 --> 00:21:50,520 Speaker 1: like that. But when we got there, we realized parking 476 00:21:50,720 --> 00:21:54,120 Speaker 1: was thirty three dollars just self parking, no valet. It's 477 00:21:54,200 --> 00:21:55,960 Speaker 1: just it's parking in a parking lot and you like 478 00:21:56,000 --> 00:21:58,359 Speaker 1: pull up, unload the car and then park it across 479 00:21:58,480 --> 00:22:02,320 Speaker 1: the street at like the McDonald. That's don't across my mind. Unfortunately, 480 00:22:02,320 --> 00:22:03,719 Speaker 1: my father in law had paid for it ahead of time, 481 00:22:03,720 --> 00:22:05,479 Speaker 1: and I was like, okay, all right, thank you. Um. 482 00:22:05,720 --> 00:22:07,359 Speaker 1: But that's one of those things where you have to 483 00:22:07,400 --> 00:22:09,200 Speaker 1: be aware of stuff like that, Like that that adds 484 00:22:09,200 --> 00:22:11,840 Speaker 1: a whole lot of money, a whole lot of expense 485 00:22:11,960 --> 00:22:14,040 Speaker 1: to just kind of a fun family trip. But I 486 00:22:14,080 --> 00:22:15,920 Speaker 1: will I will say, I mean, I do, I agree, 487 00:22:15,960 --> 00:22:19,200 Speaker 1: I hate fees, but I'm thinking about like reserving some 488 00:22:19,320 --> 00:22:23,080 Speaker 1: chairs pull side, like at the Bellaggio, if going to 489 00:22:23,200 --> 00:22:25,679 Speaker 1: Vegas and splurging in that way, if if that's your thing, 490 00:22:25,760 --> 00:22:28,000 Speaker 1: if that's your craft beer equivalent, then like what I 491 00:22:28,000 --> 00:22:29,520 Speaker 1: would says, have at it. You know, I'm not gonna 492 00:22:29,640 --> 00:22:32,400 Speaker 1: yuck on your yum. As long as folks have options, 493 00:22:32,480 --> 00:22:34,680 Speaker 1: you know, and as long as there is price transparency, 494 00:22:34,920 --> 00:22:37,800 Speaker 1: because you know, there's also this reality where these new 495 00:22:37,840 --> 00:22:41,840 Speaker 1: hotel fees could end up saving some money savvy travelers 496 00:22:41,880 --> 00:22:43,600 Speaker 1: money like it makes me think of jumping through all 497 00:22:43,640 --> 00:22:47,119 Speaker 1: the different hoops within discount airline like Spirit or Frontier. 498 00:22:47,680 --> 00:22:49,320 Speaker 1: How that's gonna, you know, help you to get to 499 00:22:49,320 --> 00:22:52,040 Speaker 1: your destination for far less money than the other airlines. 500 00:22:52,080 --> 00:22:53,639 Speaker 1: Most of the time, you just gotta know how to 501 00:22:53,680 --> 00:22:55,399 Speaker 1: work the system. You have to know what they're charging, 502 00:22:55,400 --> 00:22:57,439 Speaker 1: as long as they're being transparent and as long as 503 00:22:57,520 --> 00:22:59,520 Speaker 1: you know that. Well, if I don't want to deal 504 00:22:59,560 --> 00:23:01,160 Speaker 1: with that, if if I want to kind of maybe spend, 505 00:23:01,200 --> 00:23:03,560 Speaker 1: spend a little bit more and go with Delta or 506 00:23:03,680 --> 00:23:06,399 Speaker 1: go with United, you know that that's an option for you. 507 00:23:06,520 --> 00:23:08,760 Speaker 1: I just want folks to have options. And you know 508 00:23:08,840 --> 00:23:11,119 Speaker 1: what if some of these fancier hotels are charging in 509 00:23:11,200 --> 00:23:12,960 Speaker 1: some cases a lot of money for folks to not 510 00:23:13,080 --> 00:23:14,800 Speaker 1: have to get up early in the morning and circle 511 00:23:14,840 --> 00:23:16,399 Speaker 1: around the pool and throw down the towels, like I 512 00:23:16,480 --> 00:23:19,240 Speaker 1: hate that sort of that game, you know, and I 513 00:23:19,280 --> 00:23:20,639 Speaker 1: think there's a lot of folks. How much is that 514 00:23:20,640 --> 00:23:22,200 Speaker 1: going to cost you? And do you need the primo 515 00:23:22,359 --> 00:23:24,520 Speaker 1: hotels or can you be like three rows back at 516 00:23:24,520 --> 00:23:26,200 Speaker 1: the pool? I don't know, like part of it on 517 00:23:26,320 --> 00:23:28,280 Speaker 1: what you want. And sometimes those fees are just so 518 00:23:28,400 --> 00:23:30,399 Speaker 1: sneaky you don't know they exist, and you pull up 519 00:23:30,440 --> 00:23:33,160 Speaker 1: and your like, the sneakiness not cool. I had no idea. 520 00:23:33,320 --> 00:23:35,680 Speaker 1: Definitely not down with the sneakiness it makes. It makes 521 00:23:35,760 --> 00:23:38,240 Speaker 1: your you can throw a wrench in your experience and 522 00:23:38,359 --> 00:23:40,480 Speaker 1: kind of make your trip costs a lot more than 523 00:23:40,560 --> 00:23:43,000 Speaker 1: you thought. So it's something you need be proactively, proactively 524 00:23:43,040 --> 00:23:45,560 Speaker 1: thinking about exactly. Ye. All right, let's get to that 525 00:23:45,680 --> 00:23:50,159 Speaker 1: story about the credit bureaus, and this is just one 526 00:23:50,200 --> 00:23:52,200 Speaker 1: more negative story we have to discuss on the Friday 527 00:23:52,240 --> 00:23:54,720 Speaker 1: flight today. It could have also been the lucrous headline 528 00:23:54,760 --> 00:23:57,120 Speaker 1: of the week. Yeah, we've got like three ludicrous headlines. Yeah, 529 00:23:57,560 --> 00:24:00,760 Speaker 1: crapping stuff happening, right that folks need to be aware, right, Well, 530 00:24:00,840 --> 00:24:03,639 Speaker 1: The Wall Street Journal published an exclusive article earlier this 531 00:24:03,680 --> 00:24:07,240 Speaker 1: week about the extent to which the bureaus make egregious 532 00:24:07,280 --> 00:24:11,480 Speaker 1: mistakes affecting consumers everywhere. Noticed that we didn't say affecting 533 00:24:11,520 --> 00:24:15,119 Speaker 1: their customers, because we aren't their customers. We we are 534 00:24:15,160 --> 00:24:17,480 Speaker 1: the product that's being sold all over the place. And 535 00:24:17,600 --> 00:24:20,480 Speaker 1: so the Wall Street Journal reporters they found that Equifax, 536 00:24:20,520 --> 00:24:25,359 Speaker 1: in particular, scent inaccurate credit score information to lenders, not 537 00:24:25,560 --> 00:24:28,680 Speaker 1: a few times, not hundreds of times, millions of times. 538 00:24:29,040 --> 00:24:31,359 Speaker 1: And so we're not talking about just like this whoops up, sorry, 539 00:24:31,400 --> 00:24:33,560 Speaker 1: screwed up, heard a couple of people. We're talking about 540 00:24:33,680 --> 00:24:37,840 Speaker 1: repetitive incompetence that resulted in higher interest rates and denied 541 00:24:37,880 --> 00:24:41,840 Speaker 1: applications for a bunch of individual borrowers. And so if 542 00:24:41,920 --> 00:24:46,480 Speaker 1: Equifax didn't thoroughly earn their place in the pantheon of 543 00:24:46,720 --> 00:24:50,440 Speaker 1: most hated companies with their massive data breach of they're 544 00:24:50,480 --> 00:24:52,600 Speaker 1: certainly there. Now that they are up there, there might 545 00:24:52,640 --> 00:24:54,159 Speaker 1: be worse than the big banks. Uh. In a in 546 00:24:54,160 --> 00:24:56,159 Speaker 1: a lot of ways, to see this story was just 547 00:24:56,280 --> 00:24:58,520 Speaker 1: so frustrating. It made me sad for all those people 548 00:24:58,560 --> 00:25:01,280 Speaker 1: they got screwed over. But it's also just kind of 549 00:25:01,359 --> 00:25:04,760 Speaker 1: tough to stomach these repetitive, bone headed moves that cost 550 00:25:04,960 --> 00:25:08,040 Speaker 1: all of us a lot of money and and and headache. Yeah, 551 00:25:08,080 --> 00:25:10,159 Speaker 1: saw the the Equifax CEO. He had the nerve to 552 00:25:10,200 --> 00:25:14,560 Speaker 1: say that these errors were not something meaningful to Equifax, which, yeah, dude, 553 00:25:14,560 --> 00:25:16,200 Speaker 1: of of course it's not going to really affect you 554 00:25:16,280 --> 00:25:19,480 Speaker 1: all because you seem to be immune from any negative backlash. 555 00:25:20,040 --> 00:25:22,440 Speaker 1: It's the American people who are getting screwed over and 556 00:25:22,440 --> 00:25:24,720 Speaker 1: who it's becoming a problem for. And you know, although 557 00:25:24,760 --> 00:25:27,480 Speaker 1: the government taking over credit reports uh and scores like 558 00:25:27,560 --> 00:25:29,639 Speaker 1: how that has been floated as an option, I'm not 559 00:25:29,760 --> 00:25:31,800 Speaker 1: sure that that's is going to be the best way 560 00:25:31,840 --> 00:25:34,240 Speaker 1: to proceed as well. But just the you know, the 561 00:25:34,320 --> 00:25:37,840 Speaker 1: current model is just so severely flawed though, uh. And 562 00:25:38,000 --> 00:25:40,720 Speaker 1: you know, like you're talking about earlier about US Bank 563 00:25:40,800 --> 00:25:42,920 Speaker 1: having their feet held to the fire, that also needs 564 00:25:42,960 --> 00:25:44,800 Speaker 1: to happen with the credit bureaus. They need to be 565 00:25:44,880 --> 00:25:48,879 Speaker 1: held responsible for these mistakes when it comes to responding 566 00:25:48,960 --> 00:25:51,959 Speaker 1: to these issues that everyday folks run up against as 567 00:25:52,000 --> 00:25:54,920 Speaker 1: a result of their mistakes and their incompetence. But on 568 00:25:55,040 --> 00:25:58,680 Speaker 1: a brighter note, it seems that technology seems to be 569 00:25:58,800 --> 00:26:02,280 Speaker 1: making our current school worring models maybe feel a bit antiquated, 570 00:26:02,320 --> 00:26:05,240 Speaker 1: which is welcome news. But companies like Ultro, they are 571 00:26:05,240 --> 00:26:08,240 Speaker 1: seeking to create new models based on how it is 572 00:26:08,320 --> 00:26:11,399 Speaker 1: you pay recurring subscriptions. Some credit cards out there, like 573 00:26:11,440 --> 00:26:14,359 Speaker 1: Pedal Card X one, they are underwriting folks based on 574 00:26:14,560 --> 00:26:18,840 Speaker 1: alternative means like like income and your bank transactions. They're 575 00:26:18,840 --> 00:26:20,960 Speaker 1: actually looking at your data and treating you like a 576 00:26:21,080 --> 00:26:24,119 Speaker 1: human being rather than being fed the score straight from 577 00:26:24,119 --> 00:26:26,440 Speaker 1: the credit bureaus. And so hopefully some of these young 578 00:26:26,760 --> 00:26:29,480 Speaker 1: fintech upstarts will be able to create some some healthy 579 00:26:29,520 --> 00:26:32,800 Speaker 1: competition in the space, because the credit bureaus, you know, 580 00:26:33,000 --> 00:26:34,680 Speaker 1: I feel like they're they're sort of like dinosaurs. They're 581 00:26:34,720 --> 00:26:37,080 Speaker 1: right for extinction. The writing seems to be on the wall, 582 00:26:37,200 --> 00:26:40,639 Speaker 1: and I'm certainly glad that there's more competition cropping up. 583 00:26:40,680 --> 00:26:43,280 Speaker 1: It also makes me think how maybe the byin pay 584 00:26:43,359 --> 00:26:45,320 Speaker 1: later companies, this is a service that they might be 585 00:26:45,359 --> 00:26:48,000 Speaker 1: able to provide. But it seems what's going on is 586 00:26:48,080 --> 00:26:51,639 Speaker 1: they're starting to It's like they're paying tribute by sending 587 00:26:51,680 --> 00:26:54,200 Speaker 1: their data to the credit bureas rather than maybe creating 588 00:26:54,240 --> 00:26:56,919 Speaker 1: their own ecosystem. And I would much rather see uh 589 00:26:57,040 --> 00:27:00,879 Speaker 1: competition than them just getting brought to the fold. And 590 00:27:01,000 --> 00:27:03,959 Speaker 1: I don't mind jumping through the hoops as long. When 591 00:27:04,000 --> 00:27:06,720 Speaker 1: it comes to the credit scoring model, we've talked about 592 00:27:06,760 --> 00:27:08,280 Speaker 1: that how do you get a good credit score? And 593 00:27:08,280 --> 00:27:10,160 Speaker 1: we've talked about here, Well, here's the scoring model. Here's 594 00:27:10,160 --> 00:27:12,080 Speaker 1: how it's set up, and here's how you ensure that 595 00:27:12,119 --> 00:27:13,480 Speaker 1: you play by the rules in order to get a 596 00:27:13,480 --> 00:27:15,560 Speaker 1: good credit score. It's always gonna be rules no matter what. 597 00:27:15,640 --> 00:27:18,040 Speaker 1: There's gonna be instructions on how to play the game. 598 00:27:18,119 --> 00:27:20,359 Speaker 1: But my biggest problem is when you play by the rules, 599 00:27:20,640 --> 00:27:22,840 Speaker 1: but there's so much incompetence by the folks running the 600 00:27:22,880 --> 00:27:26,280 Speaker 1: game that you get screwed over even though you've done 601 00:27:26,280 --> 00:27:28,080 Speaker 1: the right thing. And that seems to just happen on 602 00:27:28,320 --> 00:27:30,440 Speaker 1: and be happening on a scale that's far too large 603 00:27:30,480 --> 00:27:34,200 Speaker 1: for my comfort. It's it's something specifically with ex Yeah, 604 00:27:34,200 --> 00:27:37,760 Speaker 1: something like a quarter of credit reports have an error 605 00:27:37,840 --> 00:27:39,840 Speaker 1: on them, and when we talk about the response rate 606 00:27:39,920 --> 00:27:41,560 Speaker 1: of these credit bureaus to people who do have an 607 00:27:41,640 --> 00:27:44,480 Speaker 1: error on the report, it's it's negligible, Like they don't 608 00:27:44,480 --> 00:27:46,159 Speaker 1: even get back to people who have an issue. And 609 00:27:46,240 --> 00:27:48,159 Speaker 1: then they do something like this, and it's like, Okay, 610 00:27:48,560 --> 00:27:50,680 Speaker 1: we've just seemed far too many mistakes to make me 611 00:27:50,760 --> 00:27:53,760 Speaker 1: feel any level of comfort with them being in control 612 00:27:53,920 --> 00:27:57,080 Speaker 1: of not only our information but also our ability to, 613 00:27:57,359 --> 00:27:59,840 Speaker 1: you know, get the loans and financial products that that 614 00:28:00,000 --> 00:28:01,560 Speaker 1: we then we need totally. And I feel that we 615 00:28:01,600 --> 00:28:03,840 Speaker 1: can maybe be a little bit harder on Equifax since 616 00:28:03,840 --> 00:28:06,080 Speaker 1: they're here in Atlanta, we're able to It's kind of 617 00:28:06,080 --> 00:28:07,920 Speaker 1: like punching your younger brother. It's like, you can do that, 618 00:28:08,000 --> 00:28:10,119 Speaker 1: but you your neighbor better not. I don't know. We 619 00:28:10,160 --> 00:28:11,600 Speaker 1: could be like a how the money protests in front 620 00:28:11,600 --> 00:28:14,159 Speaker 1: of that facts headquarters. Maybe next week ip here. All right, 621 00:28:14,240 --> 00:28:16,120 Speaker 1: enough of the negati. Let's let's turn to the positive. 622 00:28:16,440 --> 00:28:19,479 Speaker 1: There's the story on c nets site and they are 623 00:28:19,520 --> 00:28:21,879 Speaker 1: reporting that you could save money by simply changing the 624 00:28:21,920 --> 00:28:24,720 Speaker 1: temperature on your hot water heater. Uh. And you're probably thinking, 625 00:28:25,000 --> 00:28:27,280 Speaker 1: you know, a big deal, this is probably just chump change, 626 00:28:27,480 --> 00:28:29,159 Speaker 1: But no, it turns out you might be able to 627 00:28:29,240 --> 00:28:31,879 Speaker 1: save like multiple hundreds of dollars over the course of 628 00:28:31,920 --> 00:28:35,240 Speaker 1: a year. And that's because the Department of Energy estimates 629 00:28:35,400 --> 00:28:39,000 Speaker 1: that's your hot water heater is often responsible for fourteen 630 00:28:39,080 --> 00:28:42,400 Speaker 1: to eighteen percent of your homes utility bills, and most 631 00:28:42,480 --> 00:28:44,960 Speaker 1: water heaters are set to a temperature of a hundred 632 00:28:45,040 --> 00:28:48,000 Speaker 1: forty degrees when a hundred and twenty degrees will typically 633 00:28:48,280 --> 00:28:51,520 Speaker 1: suit most families just fine. And so yeah, we'd recommend 634 00:28:51,520 --> 00:28:53,360 Speaker 1: for you to check that out. If for some reason 635 00:28:53,440 --> 00:28:55,040 Speaker 1: that bumped down and tump. If it's not working out 636 00:28:55,080 --> 00:28:56,760 Speaker 1: for you, you can always bump it back up. No harm, 637 00:28:56,800 --> 00:28:59,400 Speaker 1: no foul, but if you're all about a quick way 638 00:28:59,480 --> 00:29:02,560 Speaker 1: to to start saving uh some serious money, you know, 639 00:29:02,720 --> 00:29:05,200 Speaker 1: well eventually it'll be serious. Right now it's immediate, but 640 00:29:05,320 --> 00:29:07,520 Speaker 1: over time it'll be serious. Man. If you say, by 641 00:29:07,560 --> 00:29:10,440 Speaker 1: turning the dial down on your hot water heater, that's 642 00:29:10,480 --> 00:29:12,920 Speaker 1: a reasonable amount of money. Like that's I literally went 643 00:29:13,040 --> 00:29:14,960 Speaker 1: read this article and I went straight into my crawl 644 00:29:15,000 --> 00:29:17,040 Speaker 1: space and I literally run away. Yes I did so. 645 00:29:17,240 --> 00:29:19,480 Speaker 1: My some are have like a digital display and you 646 00:29:19,520 --> 00:29:21,600 Speaker 1: can like just put the arrow down and get it 647 00:29:21,720 --> 00:29:24,280 Speaker 1: the tempature you wanted to. Mine had to pull out 648 00:29:24,280 --> 00:29:26,200 Speaker 1: a couple of screws and then turn the dial down 649 00:29:26,200 --> 00:29:29,120 Speaker 1: a little took a picture of the black knob. No 650 00:29:29,240 --> 00:29:30,640 Speaker 1: it's not a knob. No, it's like a little dial 651 00:29:30,640 --> 00:29:32,040 Speaker 1: and you've got to use a screw driver to turn 652 00:29:32,080 --> 00:29:34,320 Speaker 1: it down just a little bit. So I'll send I'll 653 00:29:34,360 --> 00:29:36,520 Speaker 1: send you a picture that I took. I haven't even 654 00:29:36,640 --> 00:29:38,400 Speaker 1: looked at the hot water here at our new place, 655 00:29:38,680 --> 00:29:42,280 Speaker 1: like at my old at the thing is I mean, 656 00:29:42,280 --> 00:29:44,440 Speaker 1: we're family is six, and so we have run out 657 00:29:44,480 --> 00:29:47,320 Speaker 1: of hot water before. If we've all gone hiking, we 658 00:29:47,440 --> 00:29:50,960 Speaker 1: come home and everyone stinks, everyone's hot and sweaty. It's like, okay, 659 00:29:50,960 --> 00:29:53,720 Speaker 1: we're all taking showers or baths. Literally every bathroom is 660 00:29:53,720 --> 00:29:56,160 Speaker 1: being occupied, and we've gotten to where we've run out 661 00:29:56,200 --> 00:29:57,600 Speaker 1: of run out of water. But if I don't know, 662 00:29:57,600 --> 00:29:59,240 Speaker 1: if you're a family, if it's just you in your place, 663 00:29:59,320 --> 00:30:01,080 Speaker 1: or you've got a small family, just got one kid, 664 00:30:01,600 --> 00:30:04,800 Speaker 1: I think you could totally you've got big enough. Yeah, exactly, 665 00:30:04,840 --> 00:30:07,240 Speaker 1: And that's where tankless is. Obviously, it's like it's better 666 00:30:07,320 --> 00:30:09,040 Speaker 1: in a lot of ways, but it's also more expensive. 667 00:30:09,640 --> 00:30:12,200 Speaker 1: But word of the wise, if if you haven't checked 668 00:30:12,240 --> 00:30:14,120 Speaker 1: it lately and you're like, I can stand to save 669 00:30:14,200 --> 00:30:15,760 Speaker 1: some money, and no, we never really run out of 670 00:30:15,760 --> 00:30:17,880 Speaker 1: hot water, and you know what, it actually is pretty 671 00:30:17,880 --> 00:30:21,200 Speaker 1: scalding when it's on the hottest level. For most folks, 672 00:30:21,240 --> 00:30:24,240 Speaker 1: somewhere in that five range will work just fine. Both 673 00:30:24,280 --> 00:30:25,800 Speaker 1: it turns out like you don't want to go less 674 00:30:25,880 --> 00:30:28,959 Speaker 1: than one twenty because bacteria, bacteria, exactly if he goes 675 00:30:29,040 --> 00:30:32,960 Speaker 1: less than one twenty, um Legionella evidently is the bacteria 676 00:30:33,160 --> 00:30:36,360 Speaker 1: that causes what diseases, which if we're if we're picking favorites, 677 00:30:36,480 --> 00:30:39,400 Speaker 1: legion Legionnaire's disease, if we're picking favorites, that's my favorite 678 00:30:39,440 --> 00:30:42,520 Speaker 1: bacteria but legionella. So I mean I mentioned that because 679 00:30:42,520 --> 00:30:43,960 Speaker 1: I don't want folks to get so cheap with it 680 00:30:44,160 --> 00:30:46,120 Speaker 1: that they're they turn their water here down too much. 681 00:30:47,240 --> 00:30:49,240 Speaker 1: And now you've got pneumonia and you're in the hospital, 682 00:30:49,520 --> 00:30:51,360 Speaker 1: and it's like it's a real disease people die from. 683 00:30:51,400 --> 00:30:53,880 Speaker 1: It's it's rare, like legon. You can still take a 684 00:30:53,920 --> 00:30:55,920 Speaker 1: cold shower if you want, but it's but it's real. Yeah, 685 00:30:56,120 --> 00:30:58,760 Speaker 1: So anyway, don't go too cheap. But that's what we're 686 00:30:58,760 --> 00:31:00,440 Speaker 1: here for, helping you to save money and not die. 687 00:31:00,440 --> 00:31:02,280 Speaker 1: If you could say fifty bucks a month by turned 688 00:31:02,280 --> 00:31:04,680 Speaker 1: down your water heater, make it happen. Uh and just 689 00:31:04,800 --> 00:31:06,480 Speaker 1: like I did. So all right, that's gonna do it 690 00:31:06,560 --> 00:31:08,600 Speaker 1: for this episode again, we'll send those socks out to 691 00:31:08,880 --> 00:31:11,280 Speaker 1: the folks who want Thank you to everyone who who 692 00:31:11,400 --> 00:31:13,560 Speaker 1: left a review. We really appreciate it, and we hope 693 00:31:13,600 --> 00:31:15,840 Speaker 1: to see you back here on Monday for an upcoming 694 00:31:16,160 --> 00:31:17,920 Speaker 1: Ask how the Money episode. We get some good questions 695 00:31:17,960 --> 00:31:20,360 Speaker 1: line up for you. That's right, buddy, So until next time, 696 00:31:20,600 --> 00:31:22,480 Speaker 1: best Friends Out, Best Friends Out,