1 00:00:00,120 --> 00:00:02,920 Speaker 1: Welcome to How the Money. I'm Joel. It's I in Matt. 2 00:00:03,000 --> 00:00:06,200 Speaker 1: Today we're discussing spring cleaning your finances like an adult, 3 00:00:25,800 --> 00:00:28,319 Speaker 1: Like an adult? Did we did? You almost say like 4 00:00:28,320 --> 00:00:31,320 Speaker 1: a boss? I didn't, but I should have. I think 5 00:00:31,360 --> 00:00:35,200 Speaker 1: you felt the temptation from ten years ago saying had 6 00:00:35,200 --> 00:00:37,120 Speaker 1: like a boss on there are people still doing like 7 00:00:37,159 --> 00:00:39,559 Speaker 1: hashtag adult thing on stuff. I don't know, but this, 8 00:00:39,840 --> 00:00:42,159 Speaker 1: you know, truly what we're gonna talk about today, Like 9 00:00:42,200 --> 00:00:44,920 Speaker 1: spring cleaning. Everybody knows that this is the time of 10 00:00:45,040 --> 00:00:46,760 Speaker 1: year when you're gonna start like that kind of stuff 11 00:00:46,760 --> 00:00:48,800 Speaker 1: in order getting rid of from the junk and and 12 00:00:48,840 --> 00:00:50,560 Speaker 1: you know, cleaning your porch so that you get ready 13 00:00:50,560 --> 00:00:52,400 Speaker 1: and you know we're about start getting loads of pollen 14 00:00:52,479 --> 00:00:55,760 Speaker 1: on our porches here in Atlanta. But this is a 15 00:00:55,840 --> 00:00:58,640 Speaker 1: great time to get a handful of tasks done. There 16 00:00:58,680 --> 00:01:00,440 Speaker 1: isn't normally a part of kind of how you approach 17 00:01:00,480 --> 00:01:02,560 Speaker 1: your personal finances. That's what we're gonna talk about today. 18 00:01:02,600 --> 00:01:05,119 Speaker 1: That's right, man. But first you want to talk about 19 00:01:05,120 --> 00:01:08,280 Speaker 1: the Grand Park Kids Business Fair. Yeah, let's do it. 20 00:01:08,360 --> 00:01:10,640 Speaker 1: Kind of a random thing. Uh So I sent that 21 00:01:10,760 --> 00:01:13,200 Speaker 1: over to you recently and it's you know, Grant Part. 22 00:01:13,280 --> 00:01:16,240 Speaker 1: Let's catch listeners up. That is the neighborhood next door 23 00:01:16,280 --> 00:01:18,920 Speaker 1: to ours. Uh, and they're hosting or over there there 24 00:01:18,920 --> 00:01:21,039 Speaker 1: most historic park in Atlanta, the oldest park in Atlanta? 25 00:01:21,040 --> 00:01:23,160 Speaker 1: Hard is it really? I think so it's not the biggest, 26 00:01:23,160 --> 00:01:24,680 Speaker 1: like Piedmont Park is the most widely known, but I 27 00:01:24,680 --> 00:01:26,400 Speaker 1: think Grant Park is the oldest. I gotta think Piedmont 28 00:01:26,400 --> 00:01:28,240 Speaker 1: Park was was older. That's right there in the city. 29 00:01:28,480 --> 00:01:32,800 Speaker 1: Maybe I could be wrong, but so basically it's this. 30 00:01:32,920 --> 00:01:36,000 Speaker 1: It's it's like a craft fair where instead of adults 31 00:01:36,000 --> 00:01:39,959 Speaker 1: selling stuff, selling their wares and goods, it's kids, which 32 00:01:40,000 --> 00:01:42,119 Speaker 1: is super cool. Man. Kids they have to put together 33 00:01:42,120 --> 00:01:44,000 Speaker 1: a business plan, they come up with the product and 34 00:01:44,040 --> 00:01:47,080 Speaker 1: the approach it from from a very like startup mentality 35 00:01:47,080 --> 00:01:50,520 Speaker 1: where they have to identify a product that's gonna appeal 36 00:01:50,520 --> 00:01:53,000 Speaker 1: to a wide audience. They have to identify their target markets, 37 00:01:53,040 --> 00:01:55,440 Speaker 1: all of these different concepts that go into creating your 38 00:01:55,440 --> 00:01:59,360 Speaker 1: own business. Introducing those two kids at a young age, so, uh, 39 00:01:59,480 --> 00:02:01,080 Speaker 1: is it something thought about? And do you think one 40 00:02:01,080 --> 00:02:04,920 Speaker 1: of your kids might join the kids business fair? Yeah? 41 00:02:05,000 --> 00:02:06,840 Speaker 1: I think so. Maybe. By the way, you never have 42 00:02:06,920 --> 00:02:09,040 Speaker 1: to not know the answer to something. I just looked 43 00:02:09,040 --> 00:02:10,639 Speaker 1: it up. It is the oldest part in Atlantic Cramp Park. 44 00:02:10,639 --> 00:02:15,160 Speaker 1: But yes, I think this kid's business fair. I think 45 00:02:15,200 --> 00:02:17,600 Speaker 1: my eight year old is going to participate. She um. 46 00:02:17,720 --> 00:02:19,720 Speaker 1: Although it's super selective and so they don't take everybody. 47 00:02:19,720 --> 00:02:21,519 Speaker 1: I think there are a lot of complications. I saw 48 00:02:21,560 --> 00:02:26,240 Speaker 1: that it's competitive, like there's a limited number of But 49 00:02:26,280 --> 00:02:29,200 Speaker 1: I love this concept right because you and I we 50 00:02:29,200 --> 00:02:31,799 Speaker 1: we think it's always interesting when I hear people talk about, 51 00:02:32,080 --> 00:02:34,960 Speaker 1: especially like political candidates, like I'm gonna help create jobs. 52 00:02:35,400 --> 00:02:37,959 Speaker 1: And one of the coolest things I think that we 53 00:02:37,960 --> 00:02:40,560 Speaker 1: should kind of reframe is that people should think more 54 00:02:40,600 --> 00:02:42,960 Speaker 1: about creating their own jobs. It's totally fine, like I 55 00:02:43,000 --> 00:02:46,079 Speaker 1: worked for nine to five for other employers or even 56 00:02:46,120 --> 00:02:48,560 Speaker 1: different hours for a lot of years. But I love 57 00:02:48,600 --> 00:02:50,720 Speaker 1: the idea of teaching our kids that they can create 58 00:02:51,000 --> 00:02:53,000 Speaker 1: their own work. They can they can start their own 59 00:02:53,040 --> 00:02:54,760 Speaker 1: small business, they can do what they want to do. 60 00:02:55,200 --> 00:02:57,600 Speaker 1: And I think, you know, starting them young. This is 61 00:02:57,639 --> 00:02:59,920 Speaker 1: open to as young as six years old. You can, 62 00:03:00,120 --> 00:03:01,760 Speaker 1: you know, apply to have your own tent and sell 63 00:03:01,800 --> 00:03:03,760 Speaker 1: your wares, whether it's a baked good or whether it's 64 00:03:03,760 --> 00:03:07,000 Speaker 1: something you've homemade. Some crafts whatever it is. Okay, you 65 00:03:07,040 --> 00:03:09,600 Speaker 1: can settle your parents with all of the work to 66 00:03:09,680 --> 00:03:13,320 Speaker 1: create your make goods, and that is part of the 67 00:03:13,400 --> 00:03:15,639 Speaker 1: parents have to get involved, that's for sure, but that's 68 00:03:15,680 --> 00:03:18,480 Speaker 1: also just I think, um, something good for us to 69 00:03:18,480 --> 00:03:20,440 Speaker 1: do as parents, to to help our kids, to push 70 00:03:20,520 --> 00:03:22,280 Speaker 1: them in that direction, to help them at least see 71 00:03:22,480 --> 00:03:24,800 Speaker 1: that there is another way to do things like well, 72 00:03:24,840 --> 00:03:27,519 Speaker 1: I was an't eye opening experience at the age of six, seven, 73 00:03:27,600 --> 00:03:30,600 Speaker 1: eight to set up a tent and realize, dang, I 74 00:03:30,639 --> 00:03:33,600 Speaker 1: just walked away with like bucks for all the stuff 75 00:03:33,639 --> 00:03:36,080 Speaker 1: I worked hard for weeks to create and now I 76 00:03:36,640 --> 00:03:38,760 Speaker 1: sold it and I made money. And just to really 77 00:03:39,120 --> 00:03:42,840 Speaker 1: formulating their minds that idea that it's possible and they 78 00:03:42,840 --> 00:03:45,040 Speaker 1: can do it, that's true. Yeah, I definitely love those 79 00:03:45,040 --> 00:03:47,960 Speaker 1: ideas as well, But we're not doing it, so I 80 00:03:48,000 --> 00:03:50,120 Speaker 1: means right now, Yeah, as I look to this bring 81 00:03:50,120 --> 00:03:51,640 Speaker 1: I'm just like, Okay, there's no I don't think we 82 00:03:51,640 --> 00:03:55,680 Speaker 1: have the capacity, We don't have the room to you know, 83 00:03:55,720 --> 00:03:57,040 Speaker 1: bring that into our life right now. But if we, 84 00:03:57,400 --> 00:03:59,280 Speaker 1: assuming we've done with that, we definitely will make it 85 00:03:59,280 --> 00:04:01,280 Speaker 1: a point to at least attend because I think even 86 00:04:01,280 --> 00:04:03,280 Speaker 1: just being exposed to that even the kids seeing other 87 00:04:03,360 --> 00:04:06,520 Speaker 1: kids doing this a it could encourage them to maybe 88 00:04:06,560 --> 00:04:07,960 Speaker 1: want to do it next year. But just for them 89 00:04:08,000 --> 00:04:11,119 Speaker 1: to see that kids are making different products. I think 90 00:04:11,120 --> 00:04:14,160 Speaker 1: even that idea of seeing a variety of different kids 91 00:04:14,200 --> 00:04:16,320 Speaker 1: at a variety of different ages, a variety of different 92 00:04:16,320 --> 00:04:20,080 Speaker 1: businesses could potentially almost be as beneficial for them, just 93 00:04:20,480 --> 00:04:23,080 Speaker 1: for them to open their eyes to see the different 94 00:04:23,080 --> 00:04:25,760 Speaker 1: possibilities not there. Even just that can provide a little spark. 95 00:04:25,880 --> 00:04:28,120 Speaker 1: And you know what, I so I think two things. One, 96 00:04:28,480 --> 00:04:30,479 Speaker 1: if there's like a kid's business fair in your area, 97 00:04:30,520 --> 00:04:32,040 Speaker 1: like look into it and see if there is one, 98 00:04:32,080 --> 00:04:34,279 Speaker 1: and join it if you can. If not, I don't know, 99 00:04:34,320 --> 00:04:37,240 Speaker 1: think about creating one for kids in the neighborhood. And then, um, 100 00:04:37,279 --> 00:04:40,760 Speaker 1: just another option really is to just put a business 101 00:04:40,800 --> 00:04:42,599 Speaker 1: in front of your house, like a kid business, whether 102 00:04:42,640 --> 00:04:45,640 Speaker 1: it's lemonade stand or whatever your kid is into selling 103 00:04:45,960 --> 00:04:49,200 Speaker 1: like much less work for us, but also the ability 104 00:04:49,240 --> 00:04:51,320 Speaker 1: for a kid to still learn some of the ins 105 00:04:51,320 --> 00:04:54,080 Speaker 1: and outs of supply and demand and the different things 106 00:04:54,080 --> 00:04:56,520 Speaker 1: that create a successful little corner business. And you realize 107 00:04:56,520 --> 00:04:58,599 Speaker 1: that like lemonade doesn't sell well in the middle of December, 108 00:04:58,640 --> 00:05:00,680 Speaker 1: but but like you know, in the middle of July 109 00:05:00,960 --> 00:05:03,200 Speaker 1: a lot more people were in the spring. Yeah. Absolutely, 110 00:05:03,240 --> 00:05:06,039 Speaker 1: it's something that that folks are willing to purchase. But 111 00:05:06,160 --> 00:05:08,160 Speaker 1: I am excited for the for the girls, especially to 112 00:05:08,160 --> 00:05:10,279 Speaker 1: show up with their own money, because it's a lesson 113 00:05:10,400 --> 00:05:13,400 Speaker 1: in spending as well, not just in consuming, but just like, okay, 114 00:05:13,560 --> 00:05:15,159 Speaker 1: you've got you only have a certain amount of money, 115 00:05:15,320 --> 00:05:17,120 Speaker 1: like what if you're going to spend anything? Like what 116 00:05:17,160 --> 00:05:18,840 Speaker 1: are you going to spend it on? I think there's 117 00:05:18,920 --> 00:05:21,600 Speaker 1: important lessons there as well, but we'll make sure then 118 00:05:21,640 --> 00:05:22,880 Speaker 1: how much do you have to charge in order to 119 00:05:22,920 --> 00:05:24,720 Speaker 1: make a profit. But because you've already liked got some 120 00:05:24,720 --> 00:05:27,360 Speaker 1: song costs over here, it's just all that stuff. All 121 00:05:27,360 --> 00:05:30,360 Speaker 1: these lessons are good for for those, yeah, middle aged kids, 122 00:05:30,400 --> 00:05:32,520 Speaker 1: not not the super young ones, but the middle edged kids. 123 00:05:32,520 --> 00:05:34,640 Speaker 1: I think it's it's great stuff for that. We'll link 124 00:05:34,720 --> 00:05:37,400 Speaker 1: to that specific fair in our show notes. If you 125 00:05:37,560 --> 00:05:40,279 Speaker 1: happen to be an Atlanta listener. Yeah alright, well, Matt, 126 00:05:40,360 --> 00:05:42,400 Speaker 1: let's mention the beer that we're having on this episode. 127 00:05:42,640 --> 00:05:44,640 Speaker 1: Pick this one up at our local bottle shop. It is, 128 00:05:45,000 --> 00:05:48,400 Speaker 1: says on Dupunct. It is a classic, says on Um 129 00:05:48,480 --> 00:05:51,080 Speaker 1: Belgian style farmhouse sale says right here, it's the world's 130 00:05:51,120 --> 00:05:53,520 Speaker 1: most iconic, says on, So I think that's true. I 131 00:05:53,560 --> 00:05:54,960 Speaker 1: got a lot to live up to. I'm not gonna 132 00:05:55,360 --> 00:05:57,880 Speaker 1: deny their their marketing is accurate. So we'll give our 133 00:05:57,920 --> 00:05:59,960 Speaker 1: thoughts on this one at the end of the episode. 134 00:06:00,200 --> 00:06:02,160 Speaker 1: But for now, let's get on to the topic at hand. 135 00:06:02,200 --> 00:06:05,560 Speaker 1: It is spring cleaning your finances like an adult, and 136 00:06:05,680 --> 00:06:07,960 Speaker 1: Matt it made me think of the fact that your 137 00:06:08,000 --> 00:06:10,960 Speaker 1: birthday only comes once a year. Your birthday comes right 138 00:06:10,960 --> 00:06:13,680 Speaker 1: around Christmas time. Mine comes two months later. But you know, 139 00:06:13,720 --> 00:06:16,360 Speaker 1: no one's like winter babies. Yeah, no one's blindsided or 140 00:06:16,400 --> 00:06:19,080 Speaker 1: surprised by the fact that, oh it's my birthday again. Wait, 141 00:06:19,160 --> 00:06:21,599 Speaker 1: I forgot about that, Like it's it's something that we 142 00:06:21,680 --> 00:06:24,040 Speaker 1: look forward to. My wife she even tends to celebrate 143 00:06:24,360 --> 00:06:26,920 Speaker 1: for like a full month. It's not a birthday, it's 144 00:06:26,920 --> 00:06:29,640 Speaker 1: like a birth long month that she celebrates. So real quick, 145 00:06:29,680 --> 00:06:31,200 Speaker 1: this is a tangent, like what do you think about 146 00:06:31,240 --> 00:06:35,240 Speaker 1: multiple celebrations of one person's birthday? Because I'm gonna reveal 147 00:06:35,279 --> 00:06:37,719 Speaker 1: my cards. I hate it. I like, I don't even 148 00:06:37,800 --> 00:06:40,120 Speaker 1: like celebrating a birthday, like not on the actual day. Like, 149 00:06:40,160 --> 00:06:42,640 Speaker 1: in my mind, if you can't have it, throw an 150 00:06:42,640 --> 00:06:45,719 Speaker 1: actual party on your actual birthday because it's during the week, well, 151 00:06:45,800 --> 00:06:47,280 Speaker 1: I guess that year you don't get to have a 152 00:06:47,320 --> 00:06:50,760 Speaker 1: big birthday. Come on, and I feel like, okay, So 153 00:06:50,800 --> 00:06:52,920 Speaker 1: the years where that your birthday does happen to fall 154 00:06:53,000 --> 00:06:55,599 Speaker 1: on a Friday or a Saturday, you go all out 155 00:06:55,720 --> 00:06:58,039 Speaker 1: because guess what, it's your actual birthday. It lands on 156 00:06:58,080 --> 00:07:00,479 Speaker 1: an actual weekend, and a ton of folks can attend 157 00:07:00,560 --> 00:07:02,440 Speaker 1: the party. But I'm sure that's just me being me. 158 00:07:02,520 --> 00:07:06,359 Speaker 1: So yeah, no, I agree to disagree, Grench. Okay, but 159 00:07:06,440 --> 00:07:09,320 Speaker 1: when that once a year day of joy arrives, which 160 00:07:09,400 --> 00:07:11,160 Speaker 1: you should be joyous, even if it's a weekday, like, 161 00:07:11,160 --> 00:07:13,240 Speaker 1: go ahead and celebrate, and so you can be joyous. 162 00:07:13,240 --> 00:07:15,600 Speaker 1: But does everything you choose okay, I mean you also 163 00:07:15,760 --> 00:07:18,520 Speaker 1: throw a party. I've never understood restrict adherence to the day, 164 00:07:18,560 --> 00:07:20,880 Speaker 1: Like you know, it's I don't get necessarily, you know, 165 00:07:20,960 --> 00:07:24,320 Speaker 1: my wife's desire to celebrate all month long. But um, 166 00:07:24,360 --> 00:07:27,120 Speaker 1: sometimes it's like all right, that's that's that's a long time. Um. 167 00:07:27,200 --> 00:07:29,600 Speaker 1: But it's but having you know, a couple of celebrations 168 00:07:29,600 --> 00:07:31,160 Speaker 1: and not having the actual day I'm good with it. 169 00:07:31,560 --> 00:07:35,960 Speaker 1: But um, yeah, so semi rare events, right, we we 170 00:07:36,000 --> 00:07:38,200 Speaker 1: don't forget about if they're good things. But if these 171 00:07:38,240 --> 00:07:41,400 Speaker 1: semi rare events are annoying things or something that's like 172 00:07:41,560 --> 00:07:44,600 Speaker 1: completely not fun, we're we're more likely to forget it 173 00:07:44,640 --> 00:07:47,440 Speaker 1: about it, or at least pretend that we forgot about it. 174 00:07:47,840 --> 00:07:49,440 Speaker 1: Kind of like how you, Matt forget to go to 175 00:07:49,600 --> 00:07:53,360 Speaker 1: the dentist. Um, you don't listen enthusiastic either, don't you 176 00:07:53,360 --> 00:07:56,400 Speaker 1: know you don't? I love going to the dentist, Like, yes, literally, 177 00:07:56,440 --> 00:07:58,440 Speaker 1: when I'm sitting there and there, you know, they got 178 00:07:58,480 --> 00:08:01,000 Speaker 1: their tools and blasting away stuff in them in my mouth, 179 00:08:01,120 --> 00:08:03,040 Speaker 1: I actually enjoy it. To me, it's almost like going 180 00:08:03,080 --> 00:08:05,600 Speaker 1: to get a massage, not quite as nice. But what yes, 181 00:08:07,080 --> 00:08:08,400 Speaker 1: it's not that I don't enjoy it, you are not. 182 00:08:08,480 --> 00:08:10,400 Speaker 1: It's just I just choose not to. I don't. I 183 00:08:10,400 --> 00:08:11,840 Speaker 1: don't want to go because I don't want to pay 184 00:08:11,840 --> 00:08:13,880 Speaker 1: for something that I don't necessarily need to do. Well, 185 00:08:13,880 --> 00:08:15,960 Speaker 1: if it's soothing, I think maybe that's another reason to 186 00:08:15,960 --> 00:08:18,520 Speaker 1: potentially pay for going rather pay for an actual missile. 187 00:08:18,760 --> 00:08:20,640 Speaker 1: But let's not talk about the dentist thing anymore. That 188 00:08:20,800 --> 00:08:24,880 Speaker 1: I've got enough hate mail. Okay, Well, spring is here, right, 189 00:08:24,920 --> 00:08:26,920 Speaker 1: and it's it's a kind of time of year that 190 00:08:26,960 --> 00:08:28,760 Speaker 1: we do all sorts of things that we don't regularly 191 00:08:28,760 --> 00:08:30,760 Speaker 1: do you know, you pressure wassh your house, or you 192 00:08:30,840 --> 00:08:33,600 Speaker 1: like dust off the fan blades, whoever does that? Only 193 00:08:33,600 --> 00:08:36,040 Speaker 1: in spring, right do we get around the dusting out 194 00:08:36,040 --> 00:08:38,080 Speaker 1: the fan blades. And there there are all sorts of 195 00:08:38,080 --> 00:08:40,839 Speaker 1: cleaning projects that you might be tackling right now, you're 196 00:08:40,880 --> 00:08:44,200 Speaker 1: not even gonna consider doing again until next spring. And 197 00:08:44,240 --> 00:08:46,760 Speaker 1: so yet today we're going to extend your spring cleaning 198 00:08:46,760 --> 00:08:50,160 Speaker 1: list to your personal finances because there are a few 199 00:08:50,240 --> 00:08:53,640 Speaker 1: tasks that they don't need to become ongoing obligations, things 200 00:08:53,640 --> 00:08:56,160 Speaker 1: that you revisit once a week or even once a month. 201 00:08:56,480 --> 00:08:57,959 Speaker 1: But yeah, we think that these things are going to 202 00:08:58,040 --> 00:09:01,120 Speaker 1: help make your personal finances more inmigible and wipin in 203 00:09:01,200 --> 00:09:03,719 Speaker 1: a better shape with some extra elbow grease that you 204 00:09:03,760 --> 00:09:07,360 Speaker 1: can apply now. And and really truly, now is the time, 205 00:09:07,360 --> 00:09:09,080 Speaker 1: it's like the best time to to kind of tackle 206 00:09:09,160 --> 00:09:10,840 Speaker 1: some of these things, that's right, Yeah, And you know, 207 00:09:10,880 --> 00:09:13,400 Speaker 1: one of the reasons we are talking about this is 208 00:09:13,520 --> 00:09:15,720 Speaker 1: because of the fact that our finances have just gotten 209 00:09:15,720 --> 00:09:18,679 Speaker 1: so much more complicated, uh than they used to be. 210 00:09:18,720 --> 00:09:20,960 Speaker 1: You know, like we've got accounts everywhere, Like you might 211 00:09:20,960 --> 00:09:23,320 Speaker 1: have multiple four O one case, you might have multiple 212 00:09:23,360 --> 00:09:26,080 Speaker 1: savings accounts and credit cards. Uh. It could feel like 213 00:09:26,080 --> 00:09:28,520 Speaker 1: that there's just too much going on. And similarly, it 214 00:09:28,520 --> 00:09:30,440 Speaker 1: can be just like that with the stuff that you own. 215 00:09:30,520 --> 00:09:32,240 Speaker 1: It feels like the more stuff you have and the 216 00:09:32,280 --> 00:09:34,880 Speaker 1: more complicated your life gets, the more time that you're 217 00:09:34,920 --> 00:09:37,120 Speaker 1: going to have to dedicate to keeping up with and 218 00:09:37,160 --> 00:09:40,880 Speaker 1: maintaining your stuff. Basically, I'm like I'm talking about cleaning here, 219 00:09:41,360 --> 00:09:43,120 Speaker 1: and just like it takes rolling up your sleeves in 220 00:09:43,160 --> 00:09:45,000 Speaker 1: order to keep up with all your stuff, the same 221 00:09:45,040 --> 00:09:47,520 Speaker 1: is true when it comes to your financial health. Your 222 00:09:47,520 --> 00:09:50,040 Speaker 1: financial hygiene, you know, to a certain degree, is what 223 00:09:50,040 --> 00:09:52,080 Speaker 1: we're talking about here. We all wish that there's just 224 00:09:52,120 --> 00:09:54,160 Speaker 1: like an easy button to push, but there's going to 225 00:09:54,200 --> 00:09:57,520 Speaker 1: be some manual labor involved. But fortunately it's nothing that 226 00:09:57,559 --> 00:10:00,000 Speaker 1: we all can't handle. Uh. And so we'll spell out 227 00:10:00,000 --> 00:10:03,200 Speaker 1: a number of different areas that you should pay special 228 00:10:03,200 --> 00:10:06,680 Speaker 1: attention to in your personal finances once a year, and 229 00:10:06,720 --> 00:10:08,560 Speaker 1: now is the best time to make that happen. That's right, 230 00:10:08,559 --> 00:10:10,439 Speaker 1: all right? So first things first, let's give our first 231 00:10:10,600 --> 00:10:13,400 Speaker 1: tip for spring cleaning. Maybe the first area that you 232 00:10:13,440 --> 00:10:16,720 Speaker 1: should address while you're doing this kind of personal finance 233 00:10:16,800 --> 00:10:19,520 Speaker 1: deep dive. And and the first thing really is to 234 00:10:19,600 --> 00:10:23,320 Speaker 1: update your budget, especially right now, Matt, I'm given the 235 00:10:23,360 --> 00:10:26,400 Speaker 1: recent inflation surge, right, I guess a good question for 236 00:10:26,400 --> 00:10:29,080 Speaker 1: people to ask themselves is does my budget still hold water? 237 00:10:29,400 --> 00:10:32,760 Speaker 1: Because depending on how you spend money in the specific 238 00:10:32,840 --> 00:10:35,280 Speaker 1: categories where you direct most of your money each month, 239 00:10:35,559 --> 00:10:38,520 Speaker 1: your your budget could still be mostly intact or it 240 00:10:38,520 --> 00:10:41,640 Speaker 1: could be blown to smith ens. And so yeah, chances 241 00:10:41,640 --> 00:10:44,000 Speaker 1: are if you haven't revisited your budget in the past 242 00:10:44,200 --> 00:10:48,160 Speaker 1: twelve months, it needs at least some tweaking, but potentially 243 00:10:48,320 --> 00:10:50,520 Speaker 1: even an overhaul. And that's that's got a lot to 244 00:10:50,559 --> 00:10:54,040 Speaker 1: do with rising gas prices and rising prices at the 245 00:10:54,080 --> 00:10:57,640 Speaker 1: grocery store. But it could also be you specific right 246 00:10:57,679 --> 00:11:01,000 Speaker 1: that you've made significant changes your life over the past 247 00:11:01,080 --> 00:11:03,880 Speaker 1: year too, And that's totally fine. There's nothing wrong with 248 00:11:03,960 --> 00:11:08,240 Speaker 1: making changes and reallocating your dollars, but change your budget accordingly. 249 00:11:08,280 --> 00:11:10,360 Speaker 1: You want to make sure it reflects kind of you 250 00:11:10,360 --> 00:11:14,320 Speaker 1: know where your spending priorities lie now and remember too, 251 00:11:14,480 --> 00:11:17,120 Speaker 1: like budgets aren't a tool to deprive you from spending 252 00:11:17,160 --> 00:11:20,400 Speaker 1: money on anything, right. We actually think that they exist 253 00:11:20,400 --> 00:11:22,719 Speaker 1: to help you funnel money in the direction that you 254 00:11:22,760 --> 00:11:25,280 Speaker 1: want it to go, basically making sure that you're not 255 00:11:25,360 --> 00:11:28,200 Speaker 1: frittering away your money and and helping to ensure that 256 00:11:28,240 --> 00:11:31,160 Speaker 1: you actually accomplish those bigger goals that you've got. It's 257 00:11:31,160 --> 00:11:34,000 Speaker 1: actually a tool to to funnel your dollars towards the 258 00:11:34,080 --> 00:11:36,160 Speaker 1: things that make the most difference at the end of 259 00:11:36,160 --> 00:11:38,400 Speaker 1: the day in your life. Yeah, totally. Man. So you 260 00:11:38,400 --> 00:11:41,520 Speaker 1: can ask yourself, do you still even like your budgeting 261 00:11:41,559 --> 00:11:44,560 Speaker 1: system or or is it effective? If not, then this 262 00:11:44,600 --> 00:11:46,040 Speaker 1: can be a great time to sign up for a 263 00:11:46,040 --> 00:11:48,800 Speaker 1: new service or even just to tweak your budget to 264 00:11:49,080 --> 00:11:51,760 Speaker 1: better fit how you are currently interacting with it. Uh, 265 00:11:51,760 --> 00:11:53,960 Speaker 1: And so, like that can mean simplifying or maybe that 266 00:11:53,960 --> 00:11:56,720 Speaker 1: could mean like having fewer categories in order to more 267 00:11:56,800 --> 00:11:58,960 Speaker 1: quickly gauge what's happening with your money. Can I just 268 00:11:59,000 --> 00:12:00,960 Speaker 1: say I think sometimes that is something that can make 269 00:12:00,960 --> 00:12:03,120 Speaker 1: a big difference for a lot of people. Like maybe 270 00:12:03,240 --> 00:12:06,320 Speaker 1: you've gotten hyper specific and you're tracking every dollar across 271 00:12:06,640 --> 00:12:08,840 Speaker 1: forty five different categories every single month, and if you 272 00:12:08,840 --> 00:12:11,880 Speaker 1: simplify that to eight to twelve. Maybe it makes it 273 00:12:11,960 --> 00:12:14,240 Speaker 1: a whole lot easier for you to actually do that 274 00:12:14,280 --> 00:12:16,719 Speaker 1: work and see where your money is going. Yeah, it's 275 00:12:16,760 --> 00:12:19,440 Speaker 1: just a simpler budget can often be a better budget. Yeah, totally. 276 00:12:19,480 --> 00:12:21,920 Speaker 1: If your current budget it's not working for you, maybe 277 00:12:22,000 --> 00:12:25,720 Speaker 1: you've completely fallen off the wagon, maybe you've abandoned it altogether, 278 00:12:26,120 --> 00:12:28,560 Speaker 1: then yeah, it could be totally worth attempting, like a 279 00:12:28,600 --> 00:12:31,760 Speaker 1: new method or a new system. Honestly, sometimes it might 280 00:12:31,800 --> 00:12:33,559 Speaker 1: even make sense just to pay for some of the 281 00:12:33,559 --> 00:12:37,760 Speaker 1: different helpful uh software out there that exists. Mint is 282 00:12:37,800 --> 00:12:40,000 Speaker 1: free if you're looking just to track your spending, but 283 00:12:40,440 --> 00:12:43,160 Speaker 1: whine app you need a budget. It's one of our favorites. UH. 284 00:12:43,200 --> 00:12:45,120 Speaker 1: But it is going to cost you a little bit 285 00:12:45,160 --> 00:12:48,360 Speaker 1: of money. But even still, since most wine app users 286 00:12:48,480 --> 00:12:50,840 Speaker 1: get more organized with their money UH and they end 287 00:12:50,920 --> 00:12:54,400 Speaker 1: up oftentimes saving a good bit more money because of it, 288 00:12:54,400 --> 00:12:56,360 Speaker 1: it could absolutely be worth it. It's one of those 289 00:12:56,400 --> 00:12:59,679 Speaker 1: instances where paying for this one thing actually ends up 290 00:12:59,720 --> 00:13:02,439 Speaker 1: netting you more money in the end. It's like if 291 00:13:02,440 --> 00:13:05,079 Speaker 1: someone said, hey, you pay twenty bucks to get an 292 00:13:05,120 --> 00:13:07,160 Speaker 1: hour extra in your day, everybody else gets twenty four 293 00:13:07,200 --> 00:13:09,440 Speaker 1: hours and you get twenty five I would do that 294 00:13:09,440 --> 00:13:12,000 Speaker 1: in a heartbeat, or specifically, would you be willing to 295 00:13:12,000 --> 00:13:14,160 Speaker 1: pay twenty dollars and then get a hundred dollars back? 296 00:13:15,280 --> 00:13:18,480 Speaker 1: That's kind of the proposition with something like wine app 297 00:13:18,520 --> 00:13:20,480 Speaker 1: And the great thing is, yeah, there's a free trial 298 00:13:20,520 --> 00:13:22,160 Speaker 1: you can sign up for, give it a shot, and 299 00:13:22,240 --> 00:13:23,760 Speaker 1: if it works out for you, great. If it ends 300 00:13:23,840 --> 00:13:25,760 Speaker 1: up to saving more money and just making your finances 301 00:13:25,800 --> 00:13:28,880 Speaker 1: more manageable, awesome. If it doesn't, ditch it, right, um, 302 00:13:28,880 --> 00:13:30,760 Speaker 1: that's the great thing. You can do some trial and error, 303 00:13:30,960 --> 00:13:33,880 Speaker 1: but finding a budgeting system that works for you, it's 304 00:13:33,880 --> 00:13:36,680 Speaker 1: just like a perfect spring cleaning task, like revisiting it, 305 00:13:36,800 --> 00:13:40,000 Speaker 1: making sure that all the proper amounts are allocated to 306 00:13:40,200 --> 00:13:43,120 Speaker 1: the proper areas, and then making sure that the way 307 00:13:43,160 --> 00:13:45,600 Speaker 1: you interact with your budget is not causing you too 308 00:13:45,640 --> 00:13:48,360 Speaker 1: much stress. And speaking of stress, Matt, I want to 309 00:13:48,360 --> 00:13:50,400 Speaker 1: to stress to people that you know, it's not something 310 00:13:50,440 --> 00:13:52,720 Speaker 1: you need to do every week or every month when 311 00:13:52,720 --> 00:13:55,240 Speaker 1: you're updating your budget spreadsheets. Right If that's if that's 312 00:13:55,240 --> 00:13:57,160 Speaker 1: how you handle things, the way you interact with your 313 00:13:57,160 --> 00:13:59,839 Speaker 1: budget on a monthly basis should be minimal, and it's 314 00:14:00,320 --> 00:14:02,640 Speaker 1: it shouldn't take too long, right, Um, and I think 315 00:14:02,679 --> 00:14:05,400 Speaker 1: you're you do it every two weeks basically, Is that correct? Yeah? 316 00:14:05,480 --> 00:14:07,400 Speaker 1: I try to do like like every ten days basically, 317 00:14:07,800 --> 00:14:09,839 Speaker 1: so that just makes it much easier. Right, How much 318 00:14:09,920 --> 00:14:13,679 Speaker 1: time do you spend every every ten days? Uh? It depends. 319 00:14:14,080 --> 00:14:16,839 Speaker 1: It depends on fifty about like fifteen minutes. So that's 320 00:14:16,960 --> 00:14:18,440 Speaker 1: that's the thing. Like, this is not some sort of 321 00:14:18,440 --> 00:14:20,240 Speaker 1: task that we want to hold on your plate in 322 00:14:20,280 --> 00:14:23,160 Speaker 1: an ongoing way. We realize that revisiting your budget is 323 00:14:23,240 --> 00:14:25,400 Speaker 1: a bigger task, but once it's done in the spring, 324 00:14:25,520 --> 00:14:26,920 Speaker 1: it's like, yeah, you don't have to think about it 325 00:14:26,960 --> 00:14:28,960 Speaker 1: until next spring. Yeah. Hopefully it's something that's a little 326 00:14:28,960 --> 00:14:30,960 Speaker 1: more automated. And that's what is so great about some 327 00:14:31,000 --> 00:14:33,360 Speaker 1: of these different apps or software that you can use 328 00:14:33,520 --> 00:14:36,320 Speaker 1: is that it automatically imports a lot of your information 329 00:14:36,400 --> 00:14:39,120 Speaker 1: for you, which can be helpful. But if you do 330 00:14:39,200 --> 00:14:41,360 Speaker 1: like a little bit of resistance, if like in my case, 331 00:14:41,440 --> 00:14:45,000 Speaker 1: I do actually like copying pasting each individual purchase, and 332 00:14:45,040 --> 00:14:47,640 Speaker 1: as I manually categorize it, it it helps me to kind 333 00:14:47,640 --> 00:14:50,440 Speaker 1: of feel what I'm spending, even though all of our 334 00:14:50,440 --> 00:14:52,640 Speaker 1: expenses take place, uh, you know on a credit card 335 00:14:52,640 --> 00:14:55,480 Speaker 1: in order to gain those rewards. Yeah, and and I 336 00:14:55,520 --> 00:14:58,360 Speaker 1: think you know, once you have done the hard work, 337 00:14:58,400 --> 00:15:00,600 Speaker 1: which I don't know, switching over to an new budgeting 338 00:15:00,680 --> 00:15:04,200 Speaker 1: platform or rejiggering your budget to make it look different 339 00:15:04,480 --> 00:15:07,520 Speaker 1: could take a couple hours even, right, this could take 340 00:15:07,520 --> 00:15:09,720 Speaker 1: a significant chunk of your time. But the great thing 341 00:15:09,840 --> 00:15:12,440 Speaker 1: is it's then then you're just in maintenance mode throughout 342 00:15:12,440 --> 00:15:14,320 Speaker 1: the rest of the year, and it's going to be 343 00:15:14,360 --> 00:15:18,120 Speaker 1: just hyper simple, hopefully for the next twelve months. Once 344 00:15:18,120 --> 00:15:20,360 Speaker 1: you've put in that initial chunk of time. All Right, 345 00:15:20,360 --> 00:15:22,760 Speaker 1: we've got a bunch more spring cleaning tasks that we 346 00:15:22,800 --> 00:15:24,160 Speaker 1: need to get to. They're gonna pay off in a 347 00:15:24,240 --> 00:15:26,560 Speaker 1: big way that are gonna help you interact with your 348 00:15:26,600 --> 00:15:29,520 Speaker 1: personal finances so much better. We'll get to all those 349 00:15:29,560 --> 00:15:41,440 Speaker 1: tips right after this break. All right, we're back from 350 00:15:41,440 --> 00:15:44,160 Speaker 1: the break. We're talking about spring cleaning your finances like 351 00:15:44,200 --> 00:15:46,680 Speaker 1: an adult, Joel. And you know, for the most part, 352 00:15:46,720 --> 00:15:51,280 Speaker 1: we were just talking about kids. Our kids have gotten man. 353 00:15:51,360 --> 00:15:53,000 Speaker 1: You know, that's one of the cool things about having kids. 354 00:15:53,080 --> 00:15:56,080 Speaker 1: As they get older, do you realize how much they 355 00:15:56,120 --> 00:15:58,440 Speaker 1: are capable of and can they dust the fan blades 356 00:15:58,440 --> 00:16:01,480 Speaker 1: though they can't reach that. But like they put them 357 00:16:01,520 --> 00:16:03,120 Speaker 1: on a ladder and they didn't break their cranium. They 358 00:16:03,560 --> 00:16:06,040 Speaker 1: they know how to clear a table though. That has 359 00:16:06,080 --> 00:16:08,280 Speaker 1: been sort of a something new on our plate that 360 00:16:08,400 --> 00:16:11,840 Speaker 1: well yeah, not not a pun quite literally, it's it's new. Uh, 361 00:16:11,920 --> 00:16:14,320 Speaker 1: they're clearing the table and getting it completely clean right 362 00:16:14,320 --> 00:16:16,720 Speaker 1: before they get ready for bed. I love that. So kids, 363 00:16:16,760 --> 00:16:18,360 Speaker 1: they do know how to do some cleaning. But we're 364 00:16:18,400 --> 00:16:20,920 Speaker 1: talking about our money, and I kinda want to shift 365 00:16:20,960 --> 00:16:22,840 Speaker 1: gears a little bit now and talk about different ways 366 00:16:22,880 --> 00:16:26,080 Speaker 1: we can get a little more organized with our finances. 367 00:16:26,400 --> 00:16:27,960 Speaker 1: And you know, we were just talking with a listener 368 00:16:28,000 --> 00:16:31,200 Speaker 1: out in Omaha and up until really recently, her main 369 00:16:31,280 --> 00:16:33,680 Speaker 1: checking account, her main savings account as well. They were 370 00:16:33,720 --> 00:16:36,720 Speaker 1: both with one of the big banks that that pays 371 00:16:36,800 --> 00:16:40,080 Speaker 1: virtually nothing and interest, and so listeners can probably guess 372 00:16:40,080 --> 00:16:44,080 Speaker 1: how that made us feel. Well what it made us 373 00:16:44,120 --> 00:16:46,240 Speaker 1: kind of angry? Um, you know, like not at her, 374 00:16:46,360 --> 00:16:49,120 Speaker 1: but just at the banks that pay you point zero 375 00:16:49,160 --> 00:16:52,120 Speaker 1: one percent and interest on your money. If you are 376 00:16:52,160 --> 00:16:54,840 Speaker 1: in that same position, then it makes sense to finally 377 00:16:54,960 --> 00:16:56,760 Speaker 1: set up a high interest savings account from one of 378 00:16:56,760 --> 00:16:59,760 Speaker 1: our favorite banks like Ally or Discover or even Marcus, 379 00:17:00,200 --> 00:17:02,320 Speaker 1: We've actually got a good article up on the site 380 00:17:02,640 --> 00:17:04,600 Speaker 1: that can walk you through setting up a new bank 381 00:17:04,600 --> 00:17:07,040 Speaker 1: account and closing your old one UM and so we'll 382 00:17:07,040 --> 00:17:08,880 Speaker 1: make sure to link to that in the show notes. Yeah, 383 00:17:08,960 --> 00:17:11,240 Speaker 1: no doubt. If you're still doing business with one of 384 00:17:11,240 --> 00:17:13,120 Speaker 1: the big banks, and let's say a lot of those people, 385 00:17:13,200 --> 00:17:14,960 Speaker 1: not only is it that they're not getting paid any 386 00:17:15,040 --> 00:17:17,160 Speaker 1: money in interest on that account, but they might be 387 00:17:17,240 --> 00:17:20,000 Speaker 1: charged some sort of monthly they might be paying in 388 00:17:20,119 --> 00:17:23,960 Speaker 1: order to have the privilege of accessing that account, something 389 00:17:24,000 --> 00:17:26,040 Speaker 1: like twelve to fifteen bucks a month, on top of 390 00:17:26,119 --> 00:17:28,760 Speaker 1: other potential fees they might be incurring. And so it's like, 391 00:17:28,920 --> 00:17:31,160 Speaker 1: I don't know, time to ditch it. That's just one 392 00:17:31,160 --> 00:17:33,880 Speaker 1: of those spring spring cleaning adulting moves that you should 393 00:17:33,880 --> 00:17:36,280 Speaker 1: be doing. And I'll point out, and I will speak 394 00:17:36,280 --> 00:17:38,199 Speaker 1: to this from experience. I think one of the reasons 395 00:17:38,200 --> 00:17:39,720 Speaker 1: that folks don't do it is because they feel that 396 00:17:39,760 --> 00:17:42,359 Speaker 1: they need to have access to a way to deposit cash. 397 00:17:42,960 --> 00:17:45,680 Speaker 1: You don't need You don't need that. Like first of all, 398 00:17:46,000 --> 00:17:47,840 Speaker 1: like think about how much at the restaurant next time 399 00:17:47,840 --> 00:17:49,159 Speaker 1: you go on if you get it, next time you 400 00:17:49,160 --> 00:17:51,520 Speaker 1: go to the grocery store, or just keep it in 401 00:17:51,720 --> 00:17:53,240 Speaker 1: your sock drawer just so that you have a little 402 00:17:53,240 --> 00:17:54,600 Speaker 1: bit of cash on hand for the you know, the 403 00:17:54,600 --> 00:17:56,760 Speaker 1: next time you need to pay somebody in your mattress. 404 00:17:57,880 --> 00:17:59,919 Speaker 1: I mean literally, it's not like we're not talking you 405 00:18:00,000 --> 00:18:02,680 Speaker 1: shouldn't have like thousands of dollars in cashier. We're talking 406 00:18:02,680 --> 00:18:05,240 Speaker 1: about a very small amount of money. But don't let 407 00:18:05,320 --> 00:18:08,560 Speaker 1: that keep you from closing one of those accounts, exactly. 408 00:18:08,840 --> 00:18:11,439 Speaker 1: And uh okay, So, speaking of multiple accounts, matt another 409 00:18:11,680 --> 00:18:15,000 Speaker 1: financial spring cleaning conundrum is it people might have multiple 410 00:18:15,040 --> 00:18:18,280 Speaker 1: accounts scattered all over the web, right, and so, um, 411 00:18:18,640 --> 00:18:20,880 Speaker 1: they might have a couple hundreds in one same news 412 00:18:20,880 --> 00:18:23,200 Speaker 1: account and then maybe a thousand bucks over here sitting 413 00:18:23,240 --> 00:18:25,600 Speaker 1: in this other one just because you're trying to maintain 414 00:18:25,640 --> 00:18:28,600 Speaker 1: that minimum balance. And so yeah, that's that's that's where 415 00:18:28,640 --> 00:18:31,200 Speaker 1: I was before I closed that account with Wells. I 416 00:18:31,280 --> 00:18:34,160 Speaker 1: had like fifteen d bucks sitting there and I finally 417 00:18:34,240 --> 00:18:36,879 Speaker 1: got I mean, when we talked enough trash about it 418 00:18:36,880 --> 00:18:38,960 Speaker 1: on on the first several episodes of the show that 419 00:18:39,000 --> 00:18:41,399 Speaker 1: I thought some conviction early on and how the money 420 00:18:41,720 --> 00:18:44,000 Speaker 1: poor not poor during those days, but I thought, you know, 421 00:18:44,000 --> 00:18:46,560 Speaker 1: what No, that's it. I'm done with it, never again, 422 00:18:46,600 --> 00:18:48,320 Speaker 1: never again. Well, and that that's one of the things 423 00:18:48,320 --> 00:18:50,120 Speaker 1: that I think some people maybe have a well thought 424 00:18:50,160 --> 00:18:52,320 Speaker 1: out system. They need multiple accounts because this is the 425 00:18:52,359 --> 00:18:54,760 Speaker 1: way that they saved the best. It kind of like 426 00:18:54,760 --> 00:18:57,280 Speaker 1: creates like a firewall that prevents you from digging into 427 00:18:57,400 --> 00:18:59,600 Speaker 1: your emergency fund too easily. And so if you have 428 00:19:00,080 --> 00:19:03,439 Speaker 1: multiple accounts on purpose, that's okay. Like I bank with 429 00:19:03,560 --> 00:19:06,479 Speaker 1: multiple online banks, and I don't think of that as 430 00:19:06,480 --> 00:19:10,560 Speaker 1: a big deal, but it is helpful, I think, to simplify. 431 00:19:10,640 --> 00:19:12,720 Speaker 1: And so yeah, if you're having a tough time juggling, 432 00:19:12,960 --> 00:19:15,920 Speaker 1: then yeah, moving everything into to one accounts UM can 433 00:19:15,960 --> 00:19:17,600 Speaker 1: be helpful and you can just lead to kind of 434 00:19:17,600 --> 00:19:20,880 Speaker 1: more financial blissing your life, more financial simplicity. And if 435 00:19:21,040 --> 00:19:23,280 Speaker 1: if one of the things you're striving for is kind 436 00:19:23,280 --> 00:19:26,280 Speaker 1: of the ability to have different buckets where you you 437 00:19:26,280 --> 00:19:28,520 Speaker 1: you put your money UM, but you have them with 438 00:19:28,600 --> 00:19:31,200 Speaker 1: different bank accounts. You mentioned ally, Matt, that's one of 439 00:19:31,200 --> 00:19:34,240 Speaker 1: those banks that makes it easy to have different savings 440 00:19:34,320 --> 00:19:37,479 Speaker 1: buckets but still under the umbrella of one account. So 441 00:19:37,520 --> 00:19:39,639 Speaker 1: you just log into one place, all your money is 442 00:19:39,640 --> 00:19:41,320 Speaker 1: in one place. Even though it's kind of being broken 443 00:19:41,400 --> 00:19:44,000 Speaker 1: up into different spending areas. Yeah, totally mean. I've been 444 00:19:44,040 --> 00:19:46,520 Speaker 1: with Ally for for years now and I've I've referred 445 00:19:46,520 --> 00:19:49,199 Speaker 1: to them before as like the grand central station, like 446 00:19:49,280 --> 00:19:51,879 Speaker 1: of my money, because it really is like the hub 447 00:19:52,160 --> 00:19:54,399 Speaker 1: where funds go in, they go out, you know, make 448 00:19:54,440 --> 00:19:57,000 Speaker 1: deposits in there, all of the different cash app then 449 00:19:57,200 --> 00:19:59,639 Speaker 1: you know, everything is linked to that account, Banguard account, 450 00:19:59,640 --> 00:20:01,960 Speaker 1: your Fidel, the account all exactly. And when you have 451 00:20:02,040 --> 00:20:04,240 Speaker 1: so many, you know, different accounts like that at play, 452 00:20:04,240 --> 00:20:05,719 Speaker 1: you want to make sure that you've got a solid 453 00:20:06,320 --> 00:20:09,800 Speaker 1: online bank who's also paying a good amount of interest. Uh. 454 00:20:09,840 --> 00:20:12,240 Speaker 1: And you know something else that's worth considering too, is 455 00:20:12,520 --> 00:20:16,240 Speaker 1: like combining retirement accounts. Right, So aside from making sure 456 00:20:16,280 --> 00:20:18,240 Speaker 1: you're with a good high interest to save as account, 457 00:20:18,240 --> 00:20:21,040 Speaker 1: besides making sure that you're able to consolidate, you know, 458 00:20:21,080 --> 00:20:22,679 Speaker 1: and that you don't have your money just scattered all 459 00:20:22,680 --> 00:20:25,760 Speaker 1: over the place, willy nilly. If you've got a lingering 460 00:20:25,800 --> 00:20:28,439 Speaker 1: four owin k uh an old retirement account from an 461 00:20:28,480 --> 00:20:31,200 Speaker 1: old job, it might make sense to do a rollover. 462 00:20:31,640 --> 00:20:33,680 Speaker 1: And if you're with one of the low cost providers. 463 00:20:33,680 --> 00:20:35,359 Speaker 1: Now that you've been listening to how the money for 464 00:20:35,400 --> 00:20:37,240 Speaker 1: a minute. It's time to make sure that you aren't 465 00:20:37,240 --> 00:20:41,439 Speaker 1: paying unnecessary fees on those old accounts either. It's not 466 00:20:41,560 --> 00:20:45,120 Speaker 1: terribly difficult to initiate that rollover yourself, but if you 467 00:20:45,160 --> 00:20:47,000 Speaker 1: want a little bit of handholding to guide you, you 468 00:20:47,000 --> 00:20:50,320 Speaker 1: can also use a service like Capitalize, which is completely 469 00:20:50,320 --> 00:20:51,919 Speaker 1: free to use, and we'll make sure to link to 470 00:20:52,040 --> 00:20:54,640 Speaker 1: that resource in our show notes as well. Yeah, it's again, 471 00:20:54,720 --> 00:20:56,800 Speaker 1: simplicity is nice. Having it all one place is nice. 472 00:20:56,920 --> 00:20:59,399 Speaker 1: But Matt, some people are paying potentially hundreds and hundreds 473 00:20:59,400 --> 00:21:02,320 Speaker 1: of dollars in fees every year to invest when if 474 00:21:02,359 --> 00:21:05,040 Speaker 1: they literally just rolled it over to a low cost provider, 475 00:21:05,400 --> 00:21:07,800 Speaker 1: they'd be cutting those fees not in half, but they'd 476 00:21:07,800 --> 00:21:11,800 Speaker 1: be going a whole lot for the like slashing them by. Like, yeah, 477 00:21:11,840 --> 00:21:14,200 Speaker 1: it really might be in some cases. So it's definitely 478 00:21:14,240 --> 00:21:16,480 Speaker 1: worth looking into that. And and yeah, Capitalized is cool 479 00:21:16,480 --> 00:21:18,760 Speaker 1: because they'll basically help you do it for free. Um, 480 00:21:18,800 --> 00:21:21,120 Speaker 1: we dig that service, all right. Let's let's keep talking 481 00:21:21,119 --> 00:21:23,199 Speaker 1: about spring cleaning, Matt, and let's talk about debt for 482 00:21:23,200 --> 00:21:26,480 Speaker 1: a second, because depending on what stage of life our 483 00:21:26,480 --> 00:21:28,200 Speaker 1: listeners are in and kind of where they're at in 484 00:21:28,200 --> 00:21:31,240 Speaker 1: their personal finance journey. Spring is just a great time 485 00:21:31,280 --> 00:21:34,040 Speaker 1: to get refocused on getting rid of debt that you've 486 00:21:34,080 --> 00:21:37,199 Speaker 1: been keeping around that's been lingering, just annoying you to 487 00:21:37,320 --> 00:21:40,199 Speaker 1: death or gnawing at you. And yeah, whether it's a 488 00:21:40,200 --> 00:21:43,080 Speaker 1: car loan, whether it's some credit card debt, now is 489 00:21:43,119 --> 00:21:46,120 Speaker 1: the perfect time to form a plan of attack, because, yeah, 490 00:21:46,160 --> 00:21:48,160 Speaker 1: you might be making the minimum payments but you haven't 491 00:21:48,160 --> 00:21:50,160 Speaker 1: been able to get past that point. Or maybe you're 492 00:21:50,200 --> 00:21:52,240 Speaker 1: attempting to pay as much as you can each month, 493 00:21:52,280 --> 00:21:54,480 Speaker 1: but you don't really have a well laid out plan, 494 00:21:54,800 --> 00:21:56,800 Speaker 1: and so you find that you're not making us much 495 00:21:56,880 --> 00:21:59,399 Speaker 1: damage when it comes to that debt as you like. 496 00:21:59,760 --> 00:22:03,240 Speaker 1: So it's important to start organizing your debts and create 497 00:22:03,240 --> 00:22:05,560 Speaker 1: a debt payoff plan. And we talked about that in 498 00:22:05,600 --> 00:22:08,280 Speaker 1: depth back in episode one nine. But really, you want 499 00:22:08,280 --> 00:22:10,639 Speaker 1: to list all of your debts in one place, and 500 00:22:10,680 --> 00:22:12,160 Speaker 1: you can write this down on a sheet of paper. 501 00:22:12,200 --> 00:22:14,199 Speaker 1: You can do it manually the old school away, or 502 00:22:14,320 --> 00:22:17,000 Speaker 1: you can do it in a more digital format. But yeah, 503 00:22:17,040 --> 00:22:19,680 Speaker 1: looking at all of your individual debts, right to interest 504 00:22:19,760 --> 00:22:21,760 Speaker 1: rate for each one, it's important to write those out 505 00:22:22,119 --> 00:22:24,600 Speaker 1: beside the debt and the amount that you owe. It 506 00:22:24,640 --> 00:22:26,600 Speaker 1: can be kind of so bring it can kind of 507 00:22:26,720 --> 00:22:28,399 Speaker 1: help you come to grips with how much you actually oh, 508 00:22:28,480 --> 00:22:31,480 Speaker 1: because right now you might be naively thinking that you 509 00:22:31,480 --> 00:22:34,080 Speaker 1: don't know as much as you actually do, And so 510 00:22:34,200 --> 00:22:35,719 Speaker 1: it can just be the kick in the pants you 511 00:22:35,760 --> 00:22:38,080 Speaker 1: need to get a plan of action together. So we 512 00:22:38,119 --> 00:22:40,040 Speaker 1: would say, yeah, look your debts straight in the face. 513 00:22:40,280 --> 00:22:42,919 Speaker 1: Make sure you account for them all in one place 514 00:22:43,080 --> 00:22:45,800 Speaker 1: so that you can start to form a plan to 515 00:22:45,880 --> 00:22:48,600 Speaker 1: help you get out of debt as quickly as possible. Yeah. Absolutely, 516 00:22:48,680 --> 00:22:50,760 Speaker 1: I hate I mean, I know that some folks are 517 00:22:50,800 --> 00:22:53,119 Speaker 1: in a position where they are only able to make 518 00:22:53,160 --> 00:22:55,560 Speaker 1: their minimum payments. But like the picture I have in 519 00:22:55,600 --> 00:22:57,560 Speaker 1: my mind of of someone making minimum payments is that 520 00:22:57,560 --> 00:23:00,440 Speaker 1: they're just barely treading water. Um, Like I pickure someone 521 00:23:00,480 --> 00:23:03,160 Speaker 1: out in the ocean and there's big waves coming and 522 00:23:03,200 --> 00:23:05,680 Speaker 1: like they're only swomen just enough to keep their mouth, 523 00:23:05,800 --> 00:23:07,840 Speaker 1: like their nose and mouth above water, right, and then 524 00:23:07,880 --> 00:23:10,560 Speaker 1: the next time that next wave comes rolling in, like 525 00:23:10,640 --> 00:23:12,600 Speaker 1: they get a bunch of saltwater, you know, up into 526 00:23:12,600 --> 00:23:15,119 Speaker 1: their sinuses and it burns and they choke and and 527 00:23:15,160 --> 00:23:18,119 Speaker 1: it's a struggle. I hate that. Uh, And so what 528 00:23:18,119 --> 00:23:19,560 Speaker 1: we want folks to do is to have a plan. 529 00:23:20,000 --> 00:23:22,840 Speaker 1: And and and that's you know, in this analogy, that's like 530 00:23:22,920 --> 00:23:25,400 Speaker 1: facing outward where you can see the waves coming, and 531 00:23:25,480 --> 00:23:27,040 Speaker 1: when you see a bigger wave to coming, you're able 532 00:23:27,080 --> 00:23:29,639 Speaker 1: to kick extra hard and you know you're able to 533 00:23:29,720 --> 00:23:32,040 Speaker 1: maintain your head above water. And not only are you 534 00:23:32,080 --> 00:23:34,760 Speaker 1: able to swim like you're not just surviving, You're not 535 00:23:34,840 --> 00:23:38,120 Speaker 1: just like barely treading water. You're like plane in the surf. 536 00:23:38,119 --> 00:23:40,720 Speaker 1: You know, you're like having fun in the ocean. That's 537 00:23:40,720 --> 00:23:43,400 Speaker 1: what it looks like to have a debt payoffs plan. Uh. 538 00:23:43,400 --> 00:23:45,719 Speaker 1: And another tool as well, you mentioned Joel, like digital 539 00:23:45,720 --> 00:23:47,960 Speaker 1: tools or a digital format that can help you to 540 00:23:48,080 --> 00:23:52,040 Speaker 1: tackle those debts undebt it. It's an undebt dot i 541 00:23:52,200 --> 00:23:55,400 Speaker 1: t undebt it. It's one of our favorite free online tools, 542 00:23:55,600 --> 00:23:57,280 Speaker 1: and there you can decide whether you want to take 543 00:23:57,280 --> 00:24:00,280 Speaker 1: the debt snowball approach or maybe the debt avalanche a coach. 544 00:24:00,480 --> 00:24:02,399 Speaker 1: We've talked about those on the show before. But quickly, 545 00:24:02,920 --> 00:24:05,640 Speaker 1: that snowball that's when you pay off the smallest balance 546 00:24:05,880 --> 00:24:08,240 Speaker 1: and then you roll that payment into the next largest 547 00:24:08,240 --> 00:24:10,399 Speaker 1: balance and you build from there. And that's really for 548 00:24:10,480 --> 00:24:13,760 Speaker 1: psychological effects more than anything absolutely, which is really really important. 549 00:24:13,800 --> 00:24:16,080 Speaker 1: We're not going to downplay the importance of that. But 550 00:24:16,119 --> 00:24:19,080 Speaker 1: then if you find yourself drawn to the debt avalanche approach, 551 00:24:19,280 --> 00:24:21,560 Speaker 1: if that's when you are focusing on the largest interest 552 00:24:21,640 --> 00:24:24,640 Speaker 1: rate uh and regardless of the size of the loan, 553 00:24:24,760 --> 00:24:27,480 Speaker 1: you are only really looking at the numbers. You're maximizing 554 00:24:28,160 --> 00:24:31,200 Speaker 1: that's what you want to exactly, and you are part 555 00:24:31,280 --> 00:24:34,320 Speaker 1: robot as well, because it takes a lot of discipline 556 00:24:34,359 --> 00:24:35,879 Speaker 1: and sticking to the numbers if you want to go 557 00:24:35,960 --> 00:24:39,800 Speaker 1: the avalanche route. But personally, we prefer the hybrid approach, 558 00:24:39,840 --> 00:24:44,960 Speaker 1: which undebit calls the debt hybrid naturally, but it's like 559 00:24:45,000 --> 00:24:47,680 Speaker 1: this can help you to formulate that plan that you've 560 00:24:47,720 --> 00:24:50,360 Speaker 1: avoided up until this point. We want you to yeah, 561 00:24:50,400 --> 00:24:52,760 Speaker 1: we we we don't want you to be barely treading water. 562 00:24:52,840 --> 00:24:55,520 Speaker 1: We want you out there having fun in the ocean 563 00:24:56,240 --> 00:24:57,720 Speaker 1: like so much so well, like where you are in 564 00:24:57,800 --> 00:24:59,560 Speaker 1: charge of the situation that you might even choose to 565 00:24:59,560 --> 00:25:02,119 Speaker 1: dive into of the water, like like in those might 566 00:25:02,160 --> 00:25:06,320 Speaker 1: be instances where manity or something, or if it's a 567 00:25:06,320 --> 00:25:07,920 Speaker 1: big enough wave and you're like, you know what, I'm 568 00:25:07,960 --> 00:25:09,520 Speaker 1: I've got to go through the way of this time. 569 00:25:10,000 --> 00:25:12,639 Speaker 1: I don't know if this metaphor extends, but like that 570 00:25:12,720 --> 00:25:14,439 Speaker 1: might be a situation where you choose to take on 571 00:25:14,520 --> 00:25:17,440 Speaker 1: some debt, but you know and that you are capable 572 00:25:17,440 --> 00:25:19,040 Speaker 1: of handling that debt and you are going to use 573 00:25:19,040 --> 00:25:21,920 Speaker 1: it in a wise way. Sometimes that's what life entails. Yeah, 574 00:25:22,080 --> 00:25:23,959 Speaker 1: and I think you know, let's say you're already on 575 00:25:24,080 --> 00:25:26,520 Speaker 1: a debt payoff journey, right, like you have a plan 576 00:25:26,720 --> 00:25:29,119 Speaker 1: and you're on your way somewhere. Well, yeah, if you're 577 00:25:29,119 --> 00:25:30,840 Speaker 1: climbing your way out of debt, now is a great 578 00:25:30,840 --> 00:25:33,280 Speaker 1: time to ask yourself how much progress have I made. 579 00:25:33,600 --> 00:25:35,520 Speaker 1: It's a good time to check in and see, like 580 00:25:35,560 --> 00:25:37,560 Speaker 1: if you're crushing it or if you're doing it as 581 00:25:37,640 --> 00:25:40,240 Speaker 1: quickly as you'd hoped, and if not. Spring is a 582 00:25:40,240 --> 00:25:42,879 Speaker 1: perfect time to recommit to something and maybe even to 583 00:25:42,920 --> 00:25:45,200 Speaker 1: come up with a new plan to crush it. Maybe 584 00:25:45,240 --> 00:25:47,400 Speaker 1: you've got a razor work or maybe you actually can't 585 00:25:47,440 --> 00:25:49,880 Speaker 1: afford to to toss as many dollars at that debt 586 00:25:50,119 --> 00:25:52,320 Speaker 1: as you were able to on the last plan that 587 00:25:52,480 --> 00:25:55,240 Speaker 1: you had like basically committed to, and so you're bummed, 588 00:25:55,400 --> 00:25:57,080 Speaker 1: and so you've kind of let that plan lapse, Well, 589 00:25:57,080 --> 00:25:59,120 Speaker 1: now is the time to create a new one, right, 590 00:25:59,160 --> 00:26:01,120 Speaker 1: And I think if spring matt as a time for 591 00:26:01,119 --> 00:26:04,640 Speaker 1: for fresh starts and um and if people need actually 592 00:26:05,080 --> 00:26:07,760 Speaker 1: a little bit extra of pick me up when it 593 00:26:07,800 --> 00:26:10,560 Speaker 1: comes to like their debt payoff journey. Uh it, I 594 00:26:10,560 --> 00:26:13,720 Speaker 1: would say go back and listen to Monday's episode. How 595 00:26:13,760 --> 00:26:16,880 Speaker 1: motivational was it to hear in a Seema story Seema 596 00:26:17,119 --> 00:26:19,960 Speaker 1: and McElroy. Yeah, and just her ability to to stick 597 00:26:20,000 --> 00:26:22,639 Speaker 1: with it despite all those setbacks and her ability to 598 00:26:22,640 --> 00:26:25,560 Speaker 1: pay off such a large amount of debt. Like, if 599 00:26:25,600 --> 00:26:27,320 Speaker 1: if that doesn't motivate you, I don't know what will. 600 00:26:27,560 --> 00:26:29,600 Speaker 1: But yeah, if you're kind of feeling like I can't 601 00:26:29,640 --> 00:26:32,080 Speaker 1: do it? Um hearing her story, I think is that perfect? 602 00:26:32,119 --> 00:26:35,080 Speaker 1: Like kicking the butt to keep going. Yeah. And what's 603 00:26:35,119 --> 00:26:37,199 Speaker 1: crazy too is she didn't even like share all the 604 00:26:37,200 --> 00:26:40,000 Speaker 1: details from her story. I mean she missed more there. Yeah, 605 00:26:40,000 --> 00:26:43,200 Speaker 1: she mentioned a divorce, but she had two divorces unfortunately 606 00:26:43,240 --> 00:26:46,760 Speaker 1: where she was in difficult financial positions. And even still 607 00:26:46,960 --> 00:26:49,160 Speaker 1: she is prevailing. She is crushing it when it comes 608 00:26:49,200 --> 00:26:51,640 Speaker 1: to the different money goals that she's getting after. Uh 609 00:26:51,720 --> 00:26:54,080 Speaker 1: So yeah, that's uh, those are some tips when it 610 00:26:54,119 --> 00:26:56,800 Speaker 1: comes to debt. But we wanted to mention two. This 611 00:26:56,880 --> 00:26:58,679 Speaker 1: is like a little bit more of a nerdy spring 612 00:26:58,720 --> 00:27:02,000 Speaker 1: cleaning task. And this has to do with security, because 613 00:27:02,000 --> 00:27:04,440 Speaker 1: I think one of the things that's easy to overlook, 614 00:27:04,560 --> 00:27:08,320 Speaker 1: you know, with our overly complicated and virtual financial lives, 615 00:27:08,480 --> 00:27:11,840 Speaker 1: is our passwords. And so whether that's a week password, 616 00:27:11,840 --> 00:27:14,000 Speaker 1: maybe it's a password that that we use for all 617 00:27:14,040 --> 00:27:16,480 Speaker 1: of our accounts, or maybe that we just need to 618 00:27:16,560 --> 00:27:20,040 Speaker 1: organize the password protected document that has all of your 619 00:27:20,080 --> 00:27:23,120 Speaker 1: passwords on it. Uh, all of these things are important 620 00:27:23,160 --> 00:27:24,920 Speaker 1: to consider, and these are all great things to do. 621 00:27:25,160 --> 00:27:27,840 Speaker 1: I'll say that we're not cybersecurity professionals here, but making 622 00:27:27,840 --> 00:27:30,720 Speaker 1: sure that you've got proper passwords is really important when 623 00:27:30,720 --> 00:27:33,920 Speaker 1: it comes to protecting those all important bank and investing 624 00:27:33,960 --> 00:27:36,800 Speaker 1: account loggins. You don't want to see your funds getting 625 00:27:36,840 --> 00:27:39,920 Speaker 1: siphoned off just because you had one, two, three, for five. 626 00:27:40,640 --> 00:27:43,080 Speaker 1: I'll be that person one as your password. I need 627 00:27:43,119 --> 00:27:45,000 Speaker 1: to get better with my passwords too, I'll readily admitted, 628 00:27:45,040 --> 00:27:47,239 Speaker 1: but they're not as bad as you described. I at 629 00:27:47,280 --> 00:27:50,679 Speaker 1: least have like numbers and letters and upper case and 630 00:27:50,720 --> 00:27:53,320 Speaker 1: lower case and symbols. Okay, so you gotta do it. 631 00:27:53,320 --> 00:27:55,199 Speaker 1: It's not I'm not the worst, but you can you 632 00:27:55,280 --> 00:27:57,359 Speaker 1: can pay, you can get more bells and whistles with 633 00:27:57,400 --> 00:27:59,639 Speaker 1: some sort of password manager. You can offer something like 634 00:27:59,720 --> 00:28:02,560 Speaker 1: last pass or one Password. Those are those are both 635 00:28:02,680 --> 00:28:05,280 Speaker 1: well reviewed. They're worth looking into. But they're also like 636 00:28:05,359 --> 00:28:08,280 Speaker 1: free password managers that that are also worth looking into, 637 00:28:08,920 --> 00:28:11,240 Speaker 1: like Google Password Manager. I think is is a good 638 00:28:11,240 --> 00:28:12,760 Speaker 1: tool for a lot of people. That's kind of the 639 00:28:12,840 --> 00:28:15,439 Speaker 1: one that that I opt for. It's as long as 640 00:28:15,440 --> 00:28:18,280 Speaker 1: your Google password or your genius complex. It's like super 641 00:28:18,320 --> 00:28:22,240 Speaker 1: super strong. They have the one password to rule them all. 642 00:28:22,640 --> 00:28:24,960 Speaker 1: You know on that. But if you're looking for one 643 00:28:25,000 --> 00:28:29,960 Speaker 1: of those more secure password managers, bit Warden is consistently 644 00:28:30,000 --> 00:28:32,480 Speaker 1: well reviewed and it's a free option. Will link to 645 00:28:32,480 --> 00:28:34,639 Speaker 1: to those in our show notes too. But yeah, this 646 00:28:34,720 --> 00:28:38,040 Speaker 1: is a spring cleaning task that's worth jumping on because, yeah, 647 00:28:38,080 --> 00:28:40,920 Speaker 1: what protecting the assets that you've worked hard to squirrel 648 00:28:40,960 --> 00:28:44,040 Speaker 1: away is crucial and it's one of those things that 649 00:28:44,120 --> 00:28:45,760 Speaker 1: you don't really ever think to do. But if you 650 00:28:45,800 --> 00:28:49,040 Speaker 1: set aside twenty or thirty minutes to implement a password manager, 651 00:28:49,160 --> 00:28:51,880 Speaker 1: it can make your life easier throughout the year on 652 00:28:51,920 --> 00:28:53,840 Speaker 1: the web. Heack ELSEO just provide you that peace of 653 00:28:53,880 --> 00:28:56,280 Speaker 1: mind to know that my accounts are secure where I've 654 00:28:56,280 --> 00:28:58,920 Speaker 1: got lots of money stored away, you know, as I'm 655 00:28:58,960 --> 00:29:01,760 Speaker 1: pursuing financial and it's getting better with my money. That's right. Yeah, 656 00:29:01,760 --> 00:29:04,280 Speaker 1: And so as we're talking about security, let's uh kind 657 00:29:04,320 --> 00:29:06,600 Speaker 1: of shift over to physical documents as well. We're not 658 00:29:06,600 --> 00:29:10,120 Speaker 1: talking about virtual only, We're talking about actual paper because 659 00:29:10,120 --> 00:29:12,400 Speaker 1: you might be holding onto a whole lot of old 660 00:29:12,600 --> 00:29:14,760 Speaker 1: statements or documents that you don't need, that might even 661 00:29:14,800 --> 00:29:17,520 Speaker 1: have sensitive personal information on it. So we think that 662 00:29:17,600 --> 00:29:19,400 Speaker 1: right now is a great time to have a shredding 663 00:29:19,440 --> 00:29:22,280 Speaker 1: party because you know, you can just take those documents, 664 00:29:22,280 --> 00:29:24,240 Speaker 1: you can digitize some of that paperwork that you need, 665 00:29:24,920 --> 00:29:26,440 Speaker 1: or like there's a lot of it too that you 666 00:29:26,440 --> 00:29:28,480 Speaker 1: can just get rid of all together. Is that is 667 00:29:28,480 --> 00:29:30,280 Speaker 1: that how you celebrate your weekday birthdays? Match is just 668 00:29:30,320 --> 00:29:33,520 Speaker 1: shredding parties? Like, well, I can have friends over shred 669 00:29:33,600 --> 00:29:36,280 Speaker 1: old documents. You would be suprising how much I do 670 00:29:36,680 --> 00:29:40,040 Speaker 1: enjoy shredding and getting rid of old documents. I believe 671 00:29:40,120 --> 00:29:43,000 Speaker 1: it although with a baby, one of my favorite things 672 00:29:43,000 --> 00:29:44,560 Speaker 1: to do as well as just to crumple something up 673 00:29:44,600 --> 00:29:46,480 Speaker 1: and throw it and tuck it into a dirty diaper 674 00:29:46,520 --> 00:29:49,120 Speaker 1: and steal it off because dude, nobody is going to 675 00:29:49,160 --> 00:29:52,160 Speaker 1: go in there. It's disgusting. Uh yeah, I'll leave it 676 00:29:52,200 --> 00:29:54,440 Speaker 1: at that. That's one way to get rid of those 677 00:29:54,480 --> 00:29:57,480 Speaker 1: documents that have sensitive true. I do that with credit 678 00:29:57,520 --> 00:29:59,240 Speaker 1: cards too, But this will help you to have less 679 00:29:59,280 --> 00:30:01,200 Speaker 1: junk in your house. You know, that's taking up space 680 00:30:01,200 --> 00:30:03,120 Speaker 1: that you could use in a better way as well. So, 681 00:30:03,200 --> 00:30:06,160 Speaker 1: for instance, if you're keeping paper mortgage statements, stop it. 682 00:30:06,320 --> 00:30:08,280 Speaker 1: Just make sure that you're getting a digital copy instead. 683 00:30:08,640 --> 00:30:11,520 Speaker 1: Tax documents, Uh, instead, you can just keep a password 684 00:30:11,560 --> 00:30:14,640 Speaker 1: protected digital copy of each return. Actually, also keep a 685 00:30:14,640 --> 00:30:17,880 Speaker 1: folder with important tax documents like W two's to ninety 686 00:30:17,960 --> 00:30:21,560 Speaker 1: nine different i r S forms like that. If you, 687 00:30:21,720 --> 00:30:23,560 Speaker 1: let's say you have a paper copy of the paid 688 00:30:23,560 --> 00:30:26,000 Speaker 1: off loan, that's something that you definitely want to make 689 00:30:26,040 --> 00:30:28,160 Speaker 1: sure that you keep a record of. But digital copies 690 00:30:28,200 --> 00:30:31,920 Speaker 1: of tax returns of different statements and receipts will suffice 691 00:30:32,360 --> 00:30:35,600 Speaker 1: even during an audits. That's according to the i r S, 692 00:30:35,640 --> 00:30:37,920 Speaker 1: And so keep that in mind. There are different free 693 00:30:37,920 --> 00:30:40,480 Speaker 1: apps out there that make this easier as well. Personally, 694 00:30:40,920 --> 00:30:44,480 Speaker 1: I have an old point and shoot camera that I 695 00:30:44,600 --> 00:30:47,320 Speaker 1: keep that I don't use anymore for personal reasons. But 696 00:30:47,360 --> 00:30:50,800 Speaker 1: I always keep in my my my documents drawer where 697 00:30:50,840 --> 00:30:52,920 Speaker 1: I used to keep documents, but instead I just keep 698 00:30:53,240 --> 00:30:55,000 Speaker 1: documents for a little bit, and then at the end 699 00:30:55,000 --> 00:30:57,239 Speaker 1: of the month, I snap pictures of everything because I'm 700 00:30:57,280 --> 00:31:00,360 Speaker 1: able just like burn through every single one of those, 701 00:31:00,640 --> 00:31:02,920 Speaker 1: and then periodically I upload those up onto the computer 702 00:31:03,000 --> 00:31:05,560 Speaker 1: create a backup. I've got digital copies of everything. That way, 703 00:31:05,600 --> 00:31:08,280 Speaker 1: I don't keep all of these unnecessary receipts and statements 704 00:31:08,280 --> 00:31:11,080 Speaker 1: and documents around. But let's say that you don't have 705 00:31:11,080 --> 00:31:13,240 Speaker 1: a point and shoot laying around what you've got, You've 706 00:31:13,240 --> 00:31:15,600 Speaker 1: got your smartphone. It is so easy for you to 707 00:31:15,680 --> 00:31:18,000 Speaker 1: use from the different free apps like Adobe scan where 708 00:31:18,000 --> 00:31:21,920 Speaker 1: you're able to easily digitize these receipts, these statements. You 709 00:31:21,960 --> 00:31:23,960 Speaker 1: can use Google Drive where it has the feature for 710 00:31:24,000 --> 00:31:25,800 Speaker 1: you to be able to snap these shots and upload 711 00:31:25,840 --> 00:31:28,720 Speaker 1: them to specific folders. But we want you to get organized, 712 00:31:28,720 --> 00:31:31,360 Speaker 1: we want you to de clutter and to make your 713 00:31:31,480 --> 00:31:35,600 Speaker 1: personal finance documents more secure. That's yeah, And you don't 714 00:31:35,640 --> 00:31:37,880 Speaker 1: have to have just like riams and roams of paper 715 00:31:37,960 --> 00:31:41,200 Speaker 1: hanging around your house with the statements from old accounts 716 00:31:41,200 --> 00:31:43,680 Speaker 1: that you don't even have any more, or I think 717 00:31:43,720 --> 00:31:47,000 Speaker 1: sometimes people people over they hoard these financial documents, and 718 00:31:47,040 --> 00:31:49,000 Speaker 1: there's a way to consolidate. A lot of those things 719 00:31:49,000 --> 00:31:50,840 Speaker 1: can don't even have to be digitized. They can literally 720 00:31:50,840 --> 00:31:53,240 Speaker 1: just be shredded. Make sure you know which ones you 721 00:31:53,280 --> 00:31:56,000 Speaker 1: can and should keep and digitize those like don't get 722 00:31:56,080 --> 00:31:57,880 Speaker 1: rid of like your kids burth shortip gets or your 723 00:31:57,880 --> 00:32:00,160 Speaker 1: Social Security card stuff like that. But yeah, a lot 724 00:32:00,160 --> 00:32:03,640 Speaker 1: of those documents can be become digital and there's no 725 00:32:03,800 --> 00:32:06,400 Speaker 1: need to hold onto the paperwork. And while you're getting 726 00:32:06,480 --> 00:32:08,160 Speaker 1: rid of some of that old paperwork, I think you know, 727 00:32:08,200 --> 00:32:11,000 Speaker 1: one more good financial sprint cleaning thing is to uh 728 00:32:11,240 --> 00:32:14,440 Speaker 1: get rid of some of your unused possessions too, And 729 00:32:14,360 --> 00:32:15,960 Speaker 1: you know, we talked about that actually at the beginning 730 00:32:15,960 --> 00:32:17,680 Speaker 1: of the year a little bit. We're doing a sell 731 00:32:17,760 --> 00:32:20,200 Speaker 1: your Stuff challenge. Matt and I are participating along with 732 00:32:20,240 --> 00:32:23,000 Speaker 1: like hundreds of other listeners, but we would encourage you 733 00:32:23,000 --> 00:32:25,680 Speaker 1: to find things around your house that you no longer 734 00:32:25,760 --> 00:32:29,480 Speaker 1: need or use. This is uh literal sprint cleaning that 735 00:32:29,560 --> 00:32:32,080 Speaker 1: can actually bring some some money, some green backs back 736 00:32:32,080 --> 00:32:34,160 Speaker 1: into your life. And so there's just no better time 737 00:32:34,160 --> 00:32:37,560 Speaker 1: because you're already pulling things out from the attic or 738 00:32:37,600 --> 00:32:40,400 Speaker 1: from the basement right that you haven't seen in months 739 00:32:40,440 --> 00:32:42,560 Speaker 1: and months and months, and now is the perfect time 740 00:32:42,560 --> 00:32:45,000 Speaker 1: to start listing that stuff, getting rid of it before 741 00:32:45,040 --> 00:32:47,720 Speaker 1: it clutters your house even more. Absolutely, Yeah, I feel 742 00:32:47,720 --> 00:32:49,280 Speaker 1: like I've been on a roll over the past month. 743 00:32:49,320 --> 00:32:51,360 Speaker 1: I've sold Okay, so I haven't sold a ton of 744 00:32:51,400 --> 00:32:54,400 Speaker 1: stuff where I've brought in a lot of money. I mean, like, 745 00:32:54,440 --> 00:32:56,240 Speaker 1: so so far this month, I've made a little under 746 00:32:56,240 --> 00:33:00,040 Speaker 1: four bucks, which is pretty good actually, um, but the 747 00:33:00,080 --> 00:33:03,240 Speaker 1: biggest difference that I've seen is the quantity, just like 748 00:33:03,280 --> 00:33:05,320 Speaker 1: the bulky nous of the crap that I've we've been 749 00:33:05,320 --> 00:33:08,040 Speaker 1: able to get out of our lives, specifically furniture, Like 750 00:33:08,080 --> 00:33:10,520 Speaker 1: we've sold a couple of chairs, a couple of desks, 751 00:33:10,520 --> 00:33:13,520 Speaker 1: just some of these bigger items. Dude, that feels so 752 00:33:13,680 --> 00:33:16,120 Speaker 1: stink and good to get rid of some of that stuff, 753 00:33:16,120 --> 00:33:17,600 Speaker 1: and and just for some of that stuff to go 754 00:33:17,600 --> 00:33:19,320 Speaker 1: to somebody who's going to put it to use instead 755 00:33:19,320 --> 00:33:22,440 Speaker 1: of it just sitting around like wishing. Yes, yeah, absolutely, 756 00:33:22,480 --> 00:33:25,440 Speaker 1: and so hopefully that can be some uh inspiration and 757 00:33:25,480 --> 00:33:28,240 Speaker 1: some encouragement for folks out there. But we have a 758 00:33:28,280 --> 00:33:31,520 Speaker 1: few other spring cleaning tasks to get to. But first 759 00:33:31,560 --> 00:33:43,040 Speaker 1: we're gonna take a quick break. All right, let's keep going, Matt, 760 00:33:43,040 --> 00:33:47,160 Speaker 1: spring cleaning your finances like an adult. And let's uh, 761 00:33:47,200 --> 00:33:49,520 Speaker 1: you know, we've got maybe just some more like mental 762 00:33:49,680 --> 00:33:51,920 Speaker 1: um financial projects that you need to take on too, 763 00:33:52,520 --> 00:33:55,240 Speaker 1: and the declutter your mind. Yeah, we had like just 764 00:33:55,280 --> 00:33:58,080 Speaker 1: a lot of physical strange just now. But yeah, let's 765 00:33:58,160 --> 00:34:00,400 Speaker 1: let's talk about some stuff that people can do, like 766 00:34:00,560 --> 00:34:03,000 Speaker 1: of the brain that's going to make some some difference 767 00:34:03,040 --> 00:34:06,280 Speaker 1: moving forward with their personal finances. That involved gummies. Um, 768 00:34:06,600 --> 00:34:09,960 Speaker 1: I don't think so, that's kidding. But one thing is 769 00:34:10,040 --> 00:34:13,040 Speaker 1: to rethink your goals. And again just kind of like 770 00:34:13,120 --> 00:34:15,919 Speaker 1: inflation has changed our budgets in a lot of ways, 771 00:34:16,280 --> 00:34:18,799 Speaker 1: COVID has kind of changed maybe what we want out 772 00:34:18,800 --> 00:34:20,799 Speaker 1: of life. Like a lot of people have pivoted in 773 00:34:20,960 --> 00:34:24,840 Speaker 1: meaningful ways to a new career, to a new place 774 00:34:24,920 --> 00:34:27,399 Speaker 1: to live. Um, just the amount of hours that they're 775 00:34:27,400 --> 00:34:29,399 Speaker 1: willing to work or they're willing to spend in the car, 776 00:34:29,560 --> 00:34:31,480 Speaker 1: whether they're willing to go back in the office or not. 777 00:34:32,040 --> 00:34:35,120 Speaker 1: And you know a lot of us have different desires 778 00:34:35,400 --> 00:34:37,880 Speaker 1: or our desires have at least been clarified in a 779 00:34:37,880 --> 00:34:40,600 Speaker 1: different way than maybe like we felt two years ago 780 00:34:40,880 --> 00:34:42,440 Speaker 1: or two and a half years ago, whatever it was. 781 00:34:42,719 --> 00:34:44,640 Speaker 1: And honestly, you know, I would have told you that 782 00:34:44,760 --> 00:34:46,440 Speaker 1: you were crazy if you had told me some of 783 00:34:46,440 --> 00:34:49,000 Speaker 1: the changes that that we've been making in our lives 784 00:34:49,000 --> 00:34:50,520 Speaker 1: as a family, that we would have been doing that. 785 00:34:50,800 --> 00:34:52,279 Speaker 1: I think COVID has been hard, but it's had some 786 00:34:52,320 --> 00:34:55,080 Speaker 1: good changes for our fam And so yeah, the spring 787 00:34:55,200 --> 00:34:57,880 Speaker 1: cleaning task really here is to do some deep thinking, 788 00:34:58,120 --> 00:35:00,520 Speaker 1: whether by yourself or with your partner, and that can 789 00:35:00,600 --> 00:35:04,480 Speaker 1: lead to reimagining of what you want to accomplish, where 790 00:35:04,520 --> 00:35:06,440 Speaker 1: where you want to live, or you know, what you 791 00:35:06,480 --> 00:35:09,120 Speaker 1: want to be doing over the next twelve months and beyond. 792 00:35:09,560 --> 00:35:12,360 Speaker 1: This little brainstorm session can just go like such a 793 00:35:12,400 --> 00:35:14,799 Speaker 1: long way towards giving you new things to strive for. 794 00:35:15,080 --> 00:35:16,799 Speaker 1: And these changes they don't have to be huge. They 795 00:35:16,800 --> 00:35:18,720 Speaker 1: can be small. They don't have to be these massive 796 00:35:18,840 --> 00:35:20,799 Speaker 1: upheavals to your life. It's not like we're moving to 797 00:35:20,840 --> 00:35:23,120 Speaker 1: the Bahamas or we're buying a private island like. These 798 00:35:23,160 --> 00:35:26,160 Speaker 1: can be tiny changes that actually do end up having 799 00:35:26,200 --> 00:35:28,959 Speaker 1: a significant impact. And and spring is the perfect time 800 00:35:29,000 --> 00:35:32,719 Speaker 1: to start having those important conversations around your future. You 801 00:35:32,760 --> 00:35:35,040 Speaker 1: know in your in your monthly money chats with your 802 00:35:35,080 --> 00:35:36,600 Speaker 1: partner that these are not the kind of things that 803 00:35:36,600 --> 00:35:39,000 Speaker 1: are going to come up every time. So finding that 804 00:35:39,120 --> 00:35:41,920 Speaker 1: intentional time to spend together if you you know, if 805 00:35:41,960 --> 00:35:44,080 Speaker 1: if you have a significant other, now is a great 806 00:35:44,120 --> 00:35:46,920 Speaker 1: time to do that, or if you if you're flying solo, 807 00:35:47,040 --> 00:35:50,000 Speaker 1: it's it's a great time to kind of rethink like 808 00:35:50,080 --> 00:35:52,440 Speaker 1: where am I heading and why? And is this what 809 00:35:52,480 --> 00:35:54,600 Speaker 1: I want? Or what shifts do I need to make 810 00:35:54,600 --> 00:35:56,160 Speaker 1: in the coming year in order to get to where 811 00:35:56,160 --> 00:35:58,200 Speaker 1: I actually want to be. Yeah, I think in our culture, 812 00:35:58,480 --> 00:36:02,239 Speaker 1: so little time is given to hitting pause, stepping back 813 00:36:02,280 --> 00:36:05,160 Speaker 1: from you know, the game of life basically and thinking 814 00:36:05,200 --> 00:36:08,440 Speaker 1: through what game do I want to play? Like, like 815 00:36:08,480 --> 00:36:10,560 Speaker 1: what goals am I actually striving after? And I think 816 00:36:10,560 --> 00:36:12,439 Speaker 1: that's something we all need to do a little bit more. 817 00:36:12,880 --> 00:36:14,520 Speaker 1: And you know, as you do that. I think this 818 00:36:14,560 --> 00:36:18,440 Speaker 1: can also include reassessing just some of your spending habits. Uh. 819 00:36:18,480 --> 00:36:20,320 Speaker 1: I saw that one in three consumers they say that 820 00:36:20,320 --> 00:36:22,799 Speaker 1: they're tempted to spend more this time of year. Just 821 00:36:22,840 --> 00:36:24,400 Speaker 1: thinks to the fact that the days are longer and 822 00:36:24,440 --> 00:36:28,319 Speaker 1: there's more sunlight, which is pretty crazy. Like it's like, 823 00:36:28,400 --> 00:36:29,960 Speaker 1: all right, I'm gonna get a beer with a friend 824 00:36:30,000 --> 00:36:32,120 Speaker 1: because you know, on the porch of my favorite bar 825 00:36:32,440 --> 00:36:35,360 Speaker 1: has the sun still. I guess that's um And honestly, 826 00:36:35,400 --> 00:36:36,600 Speaker 1: you know, like like there's still a lot of pent 827 00:36:36,840 --> 00:36:39,560 Speaker 1: consumer demands, so we're all likely going to see more 828 00:36:39,680 --> 00:36:42,480 Speaker 1: dollars flying around the spring anyway. Or you know, you 829 00:36:42,520 --> 00:36:45,080 Speaker 1: might find yourself in a situation where habits have crept 830 00:36:45,160 --> 00:36:47,719 Speaker 1: up into your life in the past year that you're 831 00:36:47,760 --> 00:36:50,120 Speaker 1: just not fond of. You know, you're not proud of 832 00:36:50,160 --> 00:36:52,920 Speaker 1: these different expenses that are now a part of your 833 00:36:52,920 --> 00:36:56,560 Speaker 1: monthly budget. You might be spending your dollars too readily 834 00:36:56,600 --> 00:36:59,000 Speaker 1: on stuff that just isn't moving the needle for your happiness. 835 00:36:59,400 --> 00:37:01,840 Speaker 1: And by the way, we're else we're not against buying stuff. 836 00:37:01,880 --> 00:37:05,400 Speaker 1: We actually, back in episode one sixties seven, we dedicated 837 00:37:05,440 --> 00:37:08,680 Speaker 1: an entire episode that was talking about the pros and 838 00:37:08,719 --> 00:37:12,480 Speaker 1: cons of like stuff over experiences or vice versa. Everybody 839 00:37:12,520 --> 00:37:15,359 Speaker 1: says experiences are way more valuable, and we actually came 840 00:37:15,400 --> 00:37:18,600 Speaker 1: down somewhere in the middle. Yeah, well, I feel like 841 00:37:18,719 --> 00:37:21,840 Speaker 1: we often do, like we're not gonna you know, swing 842 00:37:21,840 --> 00:37:24,360 Speaker 1: to the the the extremes. We want you to be nuanced, 843 00:37:24,360 --> 00:37:26,400 Speaker 1: and we want you to think through it, like what 844 00:37:26,600 --> 00:37:29,560 Speaker 1: makes sense for you? And it's the right possessions, I think, 845 00:37:29,680 --> 00:37:32,200 Speaker 1: making making a concerned effort to buy the right things 846 00:37:32,280 --> 00:37:35,080 Speaker 1: and not just accumulating more and more of everything. Yeah, 847 00:37:35,120 --> 00:37:37,120 Speaker 1: and there isn't a right thing across the board, right, 848 00:37:37,160 --> 00:37:39,320 Speaker 1: it's the right thing for you, Because for one person, 849 00:37:39,360 --> 00:37:42,960 Speaker 1: the right thing might be I don't know, like uh, 850 00:37:43,040 --> 00:37:45,399 Speaker 1: spending a little bit more on their house. But then 851 00:37:45,440 --> 00:37:47,200 Speaker 1: for somebody else it might be like spending more on 852 00:37:47,239 --> 00:37:50,840 Speaker 1: a fancy watch, and the house guys can be like, Okay, 853 00:37:50,840 --> 00:37:53,920 Speaker 1: watch dude over there, he's totally wasting a ton of money. 854 00:37:54,280 --> 00:37:56,359 Speaker 1: But watch dude might be like, oh my gosh, man, 855 00:37:56,520 --> 00:37:59,399 Speaker 1: like think about all the additional expenses that go into 856 00:37:59,440 --> 00:38:01,880 Speaker 1: you having to keep up your house. That is foolish. 857 00:38:02,120 --> 00:38:04,719 Speaker 1: It depends on you and your situation. But again, this 858 00:38:04,800 --> 00:38:06,040 Speaker 1: is just such a great time to take a look 859 00:38:06,080 --> 00:38:08,160 Speaker 1: at warrior dollars are going and just make sure it 860 00:38:08,239 --> 00:38:12,719 Speaker 1: reflects your personal larger goals. Another quick example, let's say 861 00:38:12,719 --> 00:38:14,919 Speaker 1: you really want to resume international travel in a big 862 00:38:14,920 --> 00:38:17,480 Speaker 1: way this year. If so, you might be closer to 863 00:38:17,520 --> 00:38:19,800 Speaker 1: that than you think with just a few well placed 864 00:38:19,840 --> 00:38:23,359 Speaker 1: cuts in your budget. But that's gonna mean doing some diagnosis, 865 00:38:23,400 --> 00:38:25,440 Speaker 1: doing a little a little bit of personal finance surgeries. 866 00:38:25,520 --> 00:38:27,759 Speaker 1: Give me that personal finance scalpel map. It's gonna mean 867 00:38:27,840 --> 00:38:30,080 Speaker 1: you just thinking about where your money is going and 868 00:38:30,080 --> 00:38:33,480 Speaker 1: not just automatically spending. That's right, okay. So another another 869 00:38:33,520 --> 00:38:35,359 Speaker 1: good thing to tackle this time of your spring cleaning, 870 00:38:35,360 --> 00:38:37,960 Speaker 1: when we're talking about planning ahead, is thinking ahead to 871 00:38:38,000 --> 00:38:40,240 Speaker 1: some expenses that you know are coming on the horizon. 872 00:38:40,239 --> 00:38:42,920 Speaker 1: They might be a ways off, and you kind of 873 00:38:42,960 --> 00:38:45,399 Speaker 1: want to assume or or pretend that they're not gonna happen. 874 00:38:45,560 --> 00:38:47,839 Speaker 1: They're not gonna happen in the near future, but get 875 00:38:47,840 --> 00:38:49,520 Speaker 1: your head in the sand a little bit exactly. But 876 00:38:49,600 --> 00:38:52,600 Speaker 1: you want to be prepared. And so yeah, we we actually, Matt, 877 00:38:52,640 --> 00:38:55,200 Speaker 1: we spoke on a financial webinar recently for an advertising 878 00:38:55,200 --> 00:38:57,640 Speaker 1: agency and one of the questions from someone who worked 879 00:38:57,680 --> 00:39:00,080 Speaker 1: there was it was about saving for a move. It 880 00:39:00,160 --> 00:39:01,880 Speaker 1: was eighteen plus months in the future. They were like, 881 00:39:01,920 --> 00:39:02,960 Speaker 1: it might be a year and a half, it might 882 00:39:03,000 --> 00:39:04,960 Speaker 1: be two years from now, but I know I'm going 883 00:39:05,000 --> 00:39:07,080 Speaker 1: to move. And he was like, should I even bother 884 00:39:07,200 --> 00:39:08,839 Speaker 1: saving for that now, or should I just like wait 885 00:39:08,880 --> 00:39:12,120 Speaker 1: till later, And we're like, yeah, yeah, you should totally 886 00:39:12,480 --> 00:39:14,839 Speaker 1: be thinking about that now. Would be saving money now, 887 00:39:15,160 --> 00:39:18,000 Speaker 1: because the earlier you start saving for a bigger expense, 888 00:39:18,000 --> 00:39:21,280 Speaker 1: the easier it is to afford it. You start saving 889 00:39:21,280 --> 00:39:24,400 Speaker 1: fifty bucks a month for that move now, and um, 890 00:39:24,440 --> 00:39:26,359 Speaker 1: you're you're you're gonna be way ahead of the game. 891 00:39:26,360 --> 00:39:29,600 Speaker 1: You played that much like, say, started saving bucks a 892 00:39:29,640 --> 00:39:31,880 Speaker 1: month right now, and uh yeah, and then it barely 893 00:39:31,880 --> 00:39:34,640 Speaker 1: makes intent in your monthly budget, it barely even cramps 894 00:39:34,640 --> 00:39:36,759 Speaker 1: your style. But not planning ahead at least to some 895 00:39:36,840 --> 00:39:39,839 Speaker 1: serious stress, and it might even mean going into debt 896 00:39:39,880 --> 00:39:42,560 Speaker 1: to pay for something like a move. So now is 897 00:39:42,600 --> 00:39:45,799 Speaker 1: the perfect time to start planning ahead and saving for 898 00:39:46,239 --> 00:39:49,680 Speaker 1: upcoming expenses that maybe aren't happening next month or three 899 00:39:49,680 --> 00:39:52,120 Speaker 1: months from now, but maybe six months or a year 900 00:39:52,160 --> 00:39:54,799 Speaker 1: from now. Like, start thinking ahead, create those sinking funds 901 00:39:54,840 --> 00:39:58,000 Speaker 1: that you can start funneling money in that direction even Christmas. 902 00:39:58,239 --> 00:40:00,880 Speaker 1: You can start your Christmas taking fund now if you 903 00:40:00,920 --> 00:40:03,239 Speaker 1: haven't yet. It's the perfect way to make sure that 904 00:40:03,320 --> 00:40:06,040 Speaker 1: you don't go into debt come November December when you're 905 00:40:06,080 --> 00:40:08,520 Speaker 1: buying presents for everyone you love exactly. I think the 906 00:40:08,520 --> 00:40:11,960 Speaker 1: best time to start those holiday gift funds is in 907 00:40:12,080 --> 00:40:15,080 Speaker 1: January that you have the entire year. We want you 908 00:40:15,120 --> 00:40:16,880 Speaker 1: to get on the front end of that spending and 909 00:40:16,920 --> 00:40:19,480 Speaker 1: not basically be playing catch up the entire following year 910 00:40:19,520 --> 00:40:21,480 Speaker 1: because you've gone into debt. And you know, to that 911 00:40:21,520 --> 00:40:24,000 Speaker 1: specific question that we were asked, it's just funny because 912 00:40:24,000 --> 00:40:27,239 Speaker 1: I think oftentimes we can be maybe even a little 913 00:40:27,239 --> 00:40:30,239 Speaker 1: bit embarrassed by like the nursery, you know, like like 914 00:40:30,280 --> 00:40:33,040 Speaker 1: it's like, oh my gosh, that's just over the top, right, 915 00:40:33,120 --> 00:40:34,879 Speaker 1: Like it's just kind of ridiculous for me to start 916 00:40:34,920 --> 00:40:37,840 Speaker 1: saving for something that's that far in advance. And no, 917 00:40:38,160 --> 00:40:40,960 Speaker 1: like this is told this is part of being an adult. Basically, 918 00:40:41,320 --> 00:40:43,600 Speaker 1: that's something that we should wear as a badge of honor. 919 00:40:44,000 --> 00:40:46,239 Speaker 1: We have a plan, you know, like like it's sort 920 00:40:46,239 --> 00:40:48,720 Speaker 1: of like going back to them. It's you know, swimming 921 00:40:48,719 --> 00:40:51,880 Speaker 1: out in the ocean analogy. It's it's just looking out 922 00:40:51,920 --> 00:40:53,640 Speaker 1: and having a plan and seeing what's coming at you 923 00:40:53,680 --> 00:40:55,560 Speaker 1: a little bit and preparing in advance a little bit. 924 00:40:55,560 --> 00:40:57,839 Speaker 1: That way you're not scrambling at the last minute. Those 925 00:40:57,880 --> 00:40:59,600 Speaker 1: are the kind of steps and decisions that it takes 926 00:40:59,640 --> 00:41:02,839 Speaker 1: to be I think a responsible adults when it comes 927 00:41:02,840 --> 00:41:05,680 Speaker 1: to your finances, and you know, while we're talking about 928 00:41:06,040 --> 00:41:08,320 Speaker 1: what we're spending our money on, it's important to consider 929 00:41:08,719 --> 00:41:11,560 Speaker 1: how it is that you're spending that money as well, 930 00:41:11,920 --> 00:41:14,279 Speaker 1: because the credit cards that you use can have a 931 00:41:14,400 --> 00:41:18,080 Speaker 1: pretty significant impact on your personal finances. Uh, So part 932 00:41:18,080 --> 00:41:21,560 Speaker 1: of spring cleaning your finances should probably include optimizing for 933 00:41:21,640 --> 00:41:23,960 Speaker 1: the cash back and for the rewards that you're eligible for. 934 00:41:24,600 --> 00:41:27,640 Speaker 1: Of course, if you've had issues with overspending, then this 935 00:41:27,719 --> 00:41:30,359 Speaker 1: is probably one of those spring cleaning tasks that we're 936 00:41:30,360 --> 00:41:33,120 Speaker 1: gonna recommend you skip at least for now. If credit 937 00:41:33,160 --> 00:41:36,560 Speaker 1: cards are not good in your life, then don't get more. Yeah, 938 00:41:36,600 --> 00:41:38,960 Speaker 1: that shouldn't be something you consider. But we always want 939 00:41:38,960 --> 00:41:41,719 Speaker 1: to ensure that you're paying your balance on time in 940 00:41:41,840 --> 00:41:44,399 Speaker 1: full each month. But if that's not a struggle of yours, 941 00:41:44,400 --> 00:41:46,799 Speaker 1: we want you to consider the different credit cards that 942 00:41:46,840 --> 00:41:50,640 Speaker 1: you could put to use, uh and just very practically speaking, 943 00:41:50,680 --> 00:41:53,480 Speaker 1: like maybe that means just you labeling uh some of 944 00:41:53,480 --> 00:41:55,239 Speaker 1: those different credit cards to make sure that you're using 945 00:41:55,280 --> 00:41:57,080 Speaker 1: the right ones in the right spot right because some 946 00:41:57,080 --> 00:41:59,960 Speaker 1: of the different cards they've got different categories where were 947 00:42:00,040 --> 00:42:02,200 Speaker 1: they pay more. Guess what, anytime I go to the 948 00:42:02,239 --> 00:42:04,799 Speaker 1: grocery store, I always use the the am X Blue 949 00:42:04,800 --> 00:42:06,839 Speaker 1: Cash Preferred because that's the card that I get six 950 00:42:06,840 --> 00:42:09,919 Speaker 1: percent on. You're not gonna catch Kate or I using 951 00:42:09,960 --> 00:42:13,759 Speaker 1: any other card at all the specifically, so keep that 952 00:42:13,800 --> 00:42:16,000 Speaker 1: in mind. Maybe that's just simply using a sharpie and 953 00:42:16,000 --> 00:42:17,919 Speaker 1: writing on the card where you want to use it. 954 00:42:18,040 --> 00:42:19,919 Speaker 1: Or another thought like think, are you about to drop 955 00:42:19,920 --> 00:42:23,080 Speaker 1: a big deposit on a summer airbnb. Well, if so, 956 00:42:23,200 --> 00:42:24,920 Speaker 1: you might be able to snag a credit card bonus. 957 00:42:25,000 --> 00:42:28,960 Speaker 1: You know that that welcome reward gift whatever they call it. 958 00:42:29,120 --> 00:42:31,960 Speaker 1: In one fell Swoop, we want you to not let 959 00:42:32,000 --> 00:42:34,840 Speaker 1: some of these opportunities slip through the cracks. Spring cleaning 960 00:42:34,880 --> 00:42:37,880 Speaker 1: your finances means some optimization. That's kind of what we're 961 00:42:37,920 --> 00:42:40,640 Speaker 1: talking about in so many ways, right, simplicity and optimization. 962 00:42:40,760 --> 00:42:42,879 Speaker 1: And and let's say, yeah, with your credit card, if 963 00:42:42,920 --> 00:42:46,440 Speaker 1: you're like been using one that doesn't pay good rewards 964 00:42:47,080 --> 00:42:49,080 Speaker 1: most of the places you shop like you're just getting 965 00:42:49,080 --> 00:42:51,400 Speaker 1: a general two percent cash back card the Fidelity or 966 00:42:51,440 --> 00:42:54,000 Speaker 1: the City Double Cash like those are great cards, um, 967 00:42:54,040 --> 00:42:55,560 Speaker 1: just for everyday spenders. If you don't want to think 968 00:42:55,600 --> 00:42:56,640 Speaker 1: about it, or if you if you don't want to have 969 00:42:56,600 --> 00:42:58,239 Speaker 1: have the multiple categories and you just want to get 970 00:42:58,280 --> 00:43:00,359 Speaker 1: super simple with it, at least you should be ding. 971 00:43:00,920 --> 00:43:02,560 Speaker 1: But if you want to optimize even more, we've got 972 00:43:02,560 --> 00:43:04,359 Speaker 1: an article on on the site that will kind of 973 00:43:04,520 --> 00:43:07,000 Speaker 1: help you figure out which credit cards are best for 974 00:43:07,040 --> 00:43:09,080 Speaker 1: how you spend, and we'll link to that in the 975 00:43:09,120 --> 00:43:12,080 Speaker 1: show notes. But it's helpful. Yeah, if a few percent 976 00:43:12,440 --> 00:43:15,200 Speaker 1: in each of these categories can mean hundreds of dollars 977 00:43:15,280 --> 00:43:17,480 Speaker 1: in in you know, free money basically at the end 978 00:43:17,480 --> 00:43:20,160 Speaker 1: of the year, just for spending on a credit card 979 00:43:20,239 --> 00:43:22,880 Speaker 1: instead of on your debit card, and it makes them 980 00:43:22,920 --> 00:43:25,880 Speaker 1: more fun to write, like like, yeah, it's kind of 981 00:43:25,880 --> 00:43:27,399 Speaker 1: like a game. Honestly, it makes me think a lot 982 00:43:27,440 --> 00:43:30,719 Speaker 1: about like fantasy, like like fantasy sports, because it's just 983 00:43:30,760 --> 00:43:32,200 Speaker 1: a way that you can sort of hack the system, 984 00:43:32,560 --> 00:43:34,879 Speaker 1: and you've got players from all over, you know, all 985 00:43:34,880 --> 00:43:36,920 Speaker 1: over the league on your team, and it makes you 986 00:43:37,120 --> 00:43:40,040 Speaker 1: more cognizant of those games or those matches that are 987 00:43:40,040 --> 00:43:41,560 Speaker 1: going on because you want to see them do well. 988 00:43:41,600 --> 00:43:44,040 Speaker 1: I'll be honest, Fantasy baseball made baseball way more interesting 989 00:43:45,000 --> 00:43:46,919 Speaker 1: and it actually made it worthwhile to maybe even watch 990 00:43:46,960 --> 00:43:50,080 Speaker 1: a game that you wouldn't know wasn't your home team. Yeah, exactly. 991 00:43:50,120 --> 00:43:51,279 Speaker 1: I think the same thing can be true when it 992 00:43:51,320 --> 00:43:54,000 Speaker 1: comes to you're spending with credit cards because you think, well, 993 00:43:54,040 --> 00:43:56,000 Speaker 1: before you wouldn't even give it any sort of thought, 994 00:43:56,040 --> 00:43:57,920 Speaker 1: but now you're kind of thinking through the strategy in 995 00:43:57,920 --> 00:44:00,640 Speaker 1: different ways over here and over here and two percent 996 00:44:00,680 --> 00:44:02,759 Speaker 1: everywhere else, and and it just puts you. Yeah, it 997 00:44:02,800 --> 00:44:04,960 Speaker 1: makes you kind of a little more excited about you're 998 00:44:04,960 --> 00:44:08,200 Speaker 1: more aware of methodology. Um, alright, another spring cleaning task. 999 00:44:08,320 --> 00:44:09,879 Speaker 1: We've got just a couple more left for you. Checking 1000 00:44:10,040 --> 00:44:13,200 Speaker 1: your insurance coverage and yeah, do you have enough of it? 1001 00:44:13,640 --> 00:44:16,640 Speaker 1: I'm talking health insurance, life insurance, car, home, renters, all 1002 00:44:16,680 --> 00:44:18,920 Speaker 1: the above. The good thing is that, you know, our 1003 00:44:18,920 --> 00:44:21,719 Speaker 1: favorite types of insurance are generally pretty inexpensive. I mean, 1004 00:44:21,719 --> 00:44:24,920 Speaker 1: health insurance is expensive for basically everyone, but most of 1005 00:44:24,960 --> 00:44:27,280 Speaker 1: those other ones are cheap. So yeah, if you're renting 1006 00:44:27,440 --> 00:44:30,040 Speaker 1: and you don't have renters insurance, that's a terrible move. 1007 00:44:30,120 --> 00:44:32,719 Speaker 1: That's like one of the most affordable insurances that you 1008 00:44:32,719 --> 00:44:34,719 Speaker 1: can get, and it's so incredibly risk It puts all 1009 00:44:34,800 --> 00:44:37,160 Speaker 1: your possessions at risk. If you don't have it, and 1010 00:44:37,200 --> 00:44:39,479 Speaker 1: you can get renters insurance in like the fifteen dollar 1011 00:44:39,560 --> 00:44:41,480 Speaker 1: a month brains right, So it's not it's not going 1012 00:44:41,520 --> 00:44:43,479 Speaker 1: to set you back in a big way. Um. Same 1013 00:44:43,480 --> 00:44:46,440 Speaker 1: thing if you have anyone that depends on your income, 1014 00:44:46,640 --> 00:44:49,400 Speaker 1: if you have a long term partner, a spouse, some kiddos, 1015 00:44:49,680 --> 00:44:52,040 Speaker 1: you know, what would they do in the event of 1016 00:44:52,160 --> 00:44:54,479 Speaker 1: your death. I know it's a fun topic to talk about, 1017 00:44:54,560 --> 00:44:57,640 Speaker 1: right your your eventual death, but you need life insurance 1018 00:44:57,800 --> 00:45:00,320 Speaker 1: UM for your loved ones. And the great thing is 1019 00:45:00,360 --> 00:45:02,920 Speaker 1: that term life insurance is the best option for almost 1020 00:45:02,920 --> 00:45:05,399 Speaker 1: everyone and it's super cheap. And we've got an article 1021 00:45:05,440 --> 00:45:06,799 Speaker 1: about that too, we'll put in the show notes. We 1022 00:45:06,800 --> 00:45:10,160 Speaker 1: talked about being under insured back in episode to thirty three, 1023 00:45:10,560 --> 00:45:13,200 Speaker 1: so yeah, check that out if you need more insurance guidance. 1024 00:45:13,239 --> 00:45:16,080 Speaker 1: But the spring, the you know, the spring cleaning adulting 1025 00:45:16,120 --> 00:45:18,760 Speaker 1: move is to rethink your insurance. Do I have enough coverage? 1026 00:45:18,880 --> 00:45:21,279 Speaker 1: Do I even have the life insurance product that I 1027 00:45:21,320 --> 00:45:23,960 Speaker 1: actually need? And it's one of those things that most 1028 00:45:23,960 --> 00:45:25,800 Speaker 1: people throughout the year they don't want to do. But 1029 00:45:25,920 --> 00:45:28,120 Speaker 1: in the spring cleaning mode, you'll get it done. Just 1030 00:45:28,160 --> 00:45:29,920 Speaker 1: pointing out that you said adulting, I thought we might 1031 00:45:29,920 --> 00:45:33,840 Speaker 1: be able to get for the entire episode without using 1032 00:45:33,880 --> 00:45:37,440 Speaker 1: it as a verb. Joel fail Yeah, it's okay. Hashtag 1033 00:45:37,520 --> 00:45:43,120 Speaker 1: Joel failure, which I'm using the hashtag ironically. Don't worry everybody, 1034 00:45:43,560 --> 00:45:45,719 Speaker 1: you know, like generally speaking here, we're making like some 1035 00:45:45,760 --> 00:45:48,839 Speaker 1: broad recommendations here, but the fact is that it's going 1036 00:45:48,880 --> 00:45:51,480 Speaker 1: to come down to the specific and the personal areas 1037 00:45:51,760 --> 00:45:54,960 Speaker 1: where you need to dust out the cobwebs and to 1038 00:45:55,000 --> 00:45:57,719 Speaker 1: wipe down the dirt, you know, of your personal finances. 1039 00:45:58,040 --> 00:46:00,480 Speaker 1: Like we should all be able to pin pull you know, 1040 00:46:00,560 --> 00:46:03,839 Speaker 1: like that one area that we just dislike more than others. Uh. 1041 00:46:03,840 --> 00:46:05,839 Speaker 1: And so we continue to we hit the snooze button 1042 00:46:05,880 --> 00:46:09,399 Speaker 1: on it, we hit the remind me later button. It's 1043 00:46:09,400 --> 00:46:11,960 Speaker 1: like my software updates on the computer. I'm constantly like, 1044 00:46:12,040 --> 00:46:15,120 Speaker 1: remind me tomorrow. Uh. But you know, like we've built 1045 00:46:15,200 --> 00:46:19,120 Speaker 1: up this habit of misbehavior essentially, uh. And like essentially 1046 00:46:19,120 --> 00:46:21,520 Speaker 1: this is inertia bias, and it keeps us from doing 1047 00:46:22,040 --> 00:46:24,799 Speaker 1: these sorts of boring tasks that we know we need 1048 00:46:24,880 --> 00:46:26,800 Speaker 1: to do but we just haven't yet. We're kind of 1049 00:46:26,840 --> 00:46:29,160 Speaker 1: like stuck in a rut and we want to shake 1050 00:46:29,200 --> 00:46:31,200 Speaker 1: you out of that rut. Yeah. So, for instance, Matt, 1051 00:46:31,280 --> 00:46:33,200 Speaker 1: just one of these spring cleaning things that I'm doing 1052 00:46:33,239 --> 00:46:36,880 Speaker 1: for my own personal finances, specifically from my rental property portfolio, 1053 00:46:37,160 --> 00:46:41,160 Speaker 1: is switching over to an actual software that helps me 1054 00:46:41,200 --> 00:46:43,399 Speaker 1: manage those rental properties. And so I'm kind of like 1055 00:46:43,920 --> 00:46:45,640 Speaker 1: flying by the seat of my pants and I use 1056 00:46:45,800 --> 00:46:48,040 Speaker 1: Zillo to like list those properties. But I'm like, you 1057 00:46:48,040 --> 00:46:49,840 Speaker 1: know what, this is the year I get organized. And 1058 00:46:49,880 --> 00:46:54,200 Speaker 1: so there's a free software called a vail and I'll 1059 00:46:54,200 --> 00:46:55,480 Speaker 1: link to that in the show notes two. But I 1060 00:46:55,560 --> 00:46:58,279 Speaker 1: really like what they're doing makes it easy for for 1061 00:46:58,360 --> 00:47:00,719 Speaker 1: small time mom and popula and law words like you 1062 00:47:00,760 --> 00:47:03,480 Speaker 1: and me and to to list their property and then 1063 00:47:03,520 --> 00:47:06,120 Speaker 1: to to find tenants and then to manage it. Really, 1064 00:47:06,160 --> 00:47:08,719 Speaker 1: more than anything, it's it's you know, submitting tickets for 1065 00:47:09,120 --> 00:47:10,719 Speaker 1: things that are going wrong with the property, something that 1066 00:47:10,760 --> 00:47:13,200 Speaker 1: needs to be done. And to me, it's like, all right, 1067 00:47:13,239 --> 00:47:15,319 Speaker 1: if I get everything in one place, how much easier 1068 00:47:15,400 --> 00:47:17,080 Speaker 1: is my life going to be throughout the year as 1069 00:47:17,200 --> 00:47:19,560 Speaker 1: as a landlord. So it's one of those things, just 1070 00:47:19,600 --> 00:47:22,560 Speaker 1: like all these other things. It's like these tasks that 1071 00:47:22,640 --> 00:47:24,239 Speaker 1: might take a little bit of time now are gonna 1072 00:47:24,239 --> 00:47:27,439 Speaker 1: pay dividends, time dividends, and money dividends throughout the year. 1073 00:47:27,680 --> 00:47:29,919 Speaker 1: So don't leave him on the table. Get them done. 1074 00:47:30,280 --> 00:47:32,080 Speaker 1: Uh you know, not everyone has to do every single 1075 00:47:32,120 --> 00:47:34,240 Speaker 1: one of these spring cleaning tasks, but you know, picking 1076 00:47:34,239 --> 00:47:36,800 Speaker 1: out a few at least uh this spring, maybe a 1077 00:47:36,840 --> 00:47:39,600 Speaker 1: few next spring, and getting started it's like, really, they're 1078 00:47:39,640 --> 00:47:42,520 Speaker 1: gonna have a big impact on your ability to make progress. 1079 00:47:42,480 --> 00:47:44,040 Speaker 1: All right, you said you're gonna do it. I'm gonna 1080 00:47:44,080 --> 00:47:46,080 Speaker 1: hold you accountable Avail. It's happening, man. You know I've 1081 00:47:46,080 --> 00:47:48,880 Speaker 1: already signed up, remember you mentioning I'm starting like last year, 1082 00:47:48,920 --> 00:47:51,080 Speaker 1: a couple of years ago, Cozy sold to apartments dot 1083 00:47:51,080 --> 00:47:52,880 Speaker 1: com and now is kind of it kind of went 1084 00:47:52,920 --> 00:47:54,600 Speaker 1: off not nearly as good as it used to be. 1085 00:47:54,680 --> 00:47:56,719 Speaker 1: And so you're right, um, but I have already signed 1086 00:47:56,760 --> 00:47:58,080 Speaker 1: up for the Avail account them are already on my 1087 00:47:58,120 --> 00:48:01,400 Speaker 1: way towards that. Mic. The best way to check items 1088 00:48:01,400 --> 00:48:03,600 Speaker 1: off your to do list is to add items that 1089 00:48:03,640 --> 00:48:07,640 Speaker 1: you've already done. I salute you, sir, but let's go 1090 00:48:07,680 --> 00:48:09,799 Speaker 1: ahead and get back to the beer. Joel, that you 1091 00:48:09,800 --> 00:48:13,120 Speaker 1: and I enjoyed this episode. We each had a Sason 1092 00:48:13,239 --> 00:48:17,880 Speaker 1: DuPont and this is an unfiltered Belgian farmhouse. Ale. I 1093 00:48:17,880 --> 00:48:21,560 Speaker 1: gotta say they've got one of the most like awesome labels. 1094 00:48:21,560 --> 00:48:22,840 Speaker 1: Like the can art for this thing. I don't know, 1095 00:48:22,800 --> 00:48:24,399 Speaker 1: I don't know if it's always been like this. It's 1096 00:48:24,400 --> 00:48:27,000 Speaker 1: like a soccer jersey, yes, yeah, but like a European 1097 00:48:27,000 --> 00:48:29,480 Speaker 1: soccer exact, because it's like it's kind of written on 1098 00:48:29,520 --> 00:48:31,279 Speaker 1: a diagonal a little bit. It's kind of got like 1099 00:48:31,320 --> 00:48:34,680 Speaker 1: this golden white checkered action going on against this hunter green. 1100 00:48:35,320 --> 00:48:38,120 Speaker 1: It's so cool looking. It totally does like the DuPont. 1101 00:48:38,160 --> 00:48:40,560 Speaker 1: It's like a little crest. It really does look like 1102 00:48:40,600 --> 00:48:44,520 Speaker 1: a like a soccer or football jersey. Also, it kind 1103 00:48:44,520 --> 00:48:46,560 Speaker 1: of reminds me have you ever played the game meal 1104 00:48:46,640 --> 00:48:50,680 Speaker 1: Born before? It's like this, Uh, it's a European dry 1105 00:48:50,760 --> 00:48:53,040 Speaker 1: I think it's like a it's either German or a 1106 00:48:53,040 --> 00:48:55,360 Speaker 1: Belgian card game, but it's like a driving game. So 1107 00:48:55,520 --> 00:48:57,279 Speaker 1: meal Born it's like, I think it stands for a 1108 00:48:57,320 --> 00:48:59,640 Speaker 1: thousand miles and the point is is to get a 1109 00:48:59,640 --> 00:49:03,520 Speaker 1: thousand miles. But anyway, interesting the old school artwork for it, 1110 00:49:03,560 --> 00:49:05,759 Speaker 1: Like there's newer versions of it that don't look nearly 1111 00:49:05,760 --> 00:49:07,439 Speaker 1: as cool, but if you get the version that was 1112 00:49:07,840 --> 00:49:10,200 Speaker 1: created and designed in like the sixties, you know, like 1113 00:49:10,360 --> 00:49:13,680 Speaker 1: during the sixties and seventies, like the heyday of graphic design. 1114 00:49:14,160 --> 00:49:16,080 Speaker 1: It reminds me a lot of this label. But what 1115 00:49:16,200 --> 00:49:18,799 Speaker 1: your thoughts on the flavor? Yeah, taste of the beer. 1116 00:49:18,840 --> 00:49:20,880 Speaker 1: You're talking about classic. I'm a fan of classic. I'm 1117 00:49:20,920 --> 00:49:24,160 Speaker 1: a fan of you know, um classic styles of classic 1118 00:49:24,280 --> 00:49:27,359 Speaker 1: literature and classic beers, and I feel like this is 1119 00:49:27,680 --> 00:49:30,320 Speaker 1: the most classic says On out there right, says On. 1120 00:49:30,360 --> 00:49:33,279 Speaker 1: It's a classic classics farmhouse style. Yeah, so this fits 1121 00:49:33,440 --> 00:49:36,319 Speaker 1: my mold of stuff that I'm into, and it's it's 1122 00:49:36,400 --> 00:49:40,480 Speaker 1: flavorful while having this like nice dry finish going with it. 1123 00:49:40,520 --> 00:49:42,120 Speaker 1: And so it's got a little bit of a funk. 1124 00:49:42,200 --> 00:49:43,960 Speaker 1: But it's one of those beers where it's like, man, 1125 00:49:44,040 --> 00:49:46,360 Speaker 1: I could you know, I am in a mood for 1126 00:49:46,400 --> 00:49:49,200 Speaker 1: a good says On a fair amount of the time, 1127 00:49:49,400 --> 00:49:51,440 Speaker 1: but I rarely have sayss on hand for some reason. 1128 00:49:51,600 --> 00:49:53,600 Speaker 1: And now I'm like, okay, all right, says On DuPont. 1129 00:49:53,640 --> 00:49:55,319 Speaker 1: It needs to become like a fridge staple because it's 1130 00:49:55,360 --> 00:49:58,640 Speaker 1: got delicious flavors. Um this this classic says On a 1131 00:49:58,800 --> 00:50:01,479 Speaker 1: vibe without being a for wwhelming. So I dug it, Yeah, 1132 00:50:01,719 --> 00:50:04,600 Speaker 1: coupled with those Belgian yeats, right, because like I feel 1133 00:50:04,640 --> 00:50:07,600 Speaker 1: like a typical Sayson farm slash farmhouse. It has a 1134 00:50:07,640 --> 00:50:10,279 Speaker 1: certain flavor characteristic, but when you make it a Belgian style, 1135 00:50:10,320 --> 00:50:12,239 Speaker 1: it has a different flavor profile. It's got more of 1136 00:50:12,320 --> 00:50:15,160 Speaker 1: like the clove and banana flavors going on, and a 1137 00:50:15,200 --> 00:50:17,759 Speaker 1: little bit sweeter I think as well. But that being said, 1138 00:50:17,800 --> 00:50:20,080 Speaker 1: I think it makes it. This is like the perfect 1139 00:50:20,160 --> 00:50:22,560 Speaker 1: kind of beer for a really good pizza, Like if 1140 00:50:22,560 --> 00:50:25,160 Speaker 1: you've got a pizza that's got a little bit of heat, specifically, 1141 00:50:25,480 --> 00:50:27,319 Speaker 1: having a beer like this that has some of that 1142 00:50:27,840 --> 00:50:31,280 Speaker 1: sweetness and a little bit of that weededness just pairs 1143 00:50:31,280 --> 00:50:33,800 Speaker 1: so well with a really good pizza like that, especially 1144 00:50:33,800 --> 00:50:36,240 Speaker 1: one with like some of this, like some like spicy 1145 00:50:36,280 --> 00:50:39,240 Speaker 1: peppers on there, or some like spicy uh like salami 1146 00:50:39,360 --> 00:50:40,760 Speaker 1: or you don't want an I p a with pizza. 1147 00:50:40,840 --> 00:50:44,920 Speaker 1: I found, you don't want bitterness, this is what this 1148 00:50:45,239 --> 00:50:47,680 Speaker 1: Or like like just like classic Lagger would be good, 1149 00:50:47,920 --> 00:50:49,759 Speaker 1: or like a wine stuffiner, yeah, like a like a 1150 00:50:49,840 --> 00:50:53,440 Speaker 1: European wheat. Yeah, all those kind of beers really good 1151 00:50:53,480 --> 00:50:55,320 Speaker 1: with a quality pizza. Now, all right, that's gonna do 1152 00:50:55,360 --> 00:50:57,279 Speaker 1: it for this episode. For folks who want the show notes, 1153 00:50:57,320 --> 00:50:59,439 Speaker 1: the links to all the stuff we mentioned, we'll put 1154 00:50:59,480 --> 00:51:01,400 Speaker 1: those in our show notes. Stuff on our site, a 1155 00:51:01,400 --> 00:51:03,239 Speaker 1: lot of money, dot com, a lot of resources that 1156 00:51:03,280 --> 00:51:05,680 Speaker 1: we mentioned during this episode. We will include all of those, 1157 00:51:05,760 --> 00:51:07,640 Speaker 1: and Joel, that's going to be it, buddy until next time. 1158 00:51:07,719 --> 00:51:09,640 Speaker 1: Best Friends Out, Best Friends Out,