WEBVTT - Friday Flight - Tariff Turmoil, Winning So Much, & Border-Hopping for Bargains #1107

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<v Speaker 1>Welcome to How the Money. I'm Joel, I'm not Today

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<v Speaker 1>we're talking tariff turmoil, winning so much and border hopping

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<v Speaker 1>for bargains. You know, buddy, this is our Friday flight.

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<v Speaker 1>We hope everyone has had a wonderful week so.

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<v Speaker 2>Far, and we are in fact going to get to

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<v Speaker 2>the top headlines the personal finance news that you can use.

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<v Speaker 1>Charlie Sheen is the patron saint of this episode. Winning

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<v Speaker 1>when that is thing, winning.

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<v Speaker 2>So hard, when they're like Tiger Tiger's milker.

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<v Speaker 1>He did a lot of crazy stuff in his day,

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<v Speaker 1>as detailed in his memoir that you can read. Okay,

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<v Speaker 1>real quick, Matt and I will not belabor the point,

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<v Speaker 1>but the We've got a lot of emails about and

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<v Speaker 1>comments in the Facebook group about my unwillingness or distaste

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<v Speaker 1>for paying Apple for storage space right for photos essentially.

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<v Speaker 1>And somebody wrote into to us and one of their

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<v Speaker 1>suggestions was like, wait a second, you have Amazon Prime.

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<v Speaker 1>Amazon Prime has free photo storage.

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<v Speaker 2>Dude, And I was like, oh, oh, who knew that? Yeah,

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<v Speaker 2>that's right. I totally I totally forgot. That was totally

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<v Speaker 2>off my radar. You know, you know why we don't

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<v Speaker 2>know that is because the Amazon Prime ecosystem is so

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<v Speaker 2>complicated and there are so many different options that's not streamlined,

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<v Speaker 2>it's not intuitive, and so it doesn't surprise me. There's

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<v Speaker 2>probably a whole host of features, features that we have

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<v Speaker 2>available to us that we're not taking advantage of it

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<v Speaker 2>because I haven't clicked onto that secondary nay Tertiary's sub menu,

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<v Speaker 2>dropped down hine option that's available. It is.

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<v Speaker 1>It's one of those things I work because I think

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<v Speaker 1>you said you spend ten bucks a month on storage

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<v Speaker 1>right with with with Apple, And I was like, oh, man,

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<v Speaker 1>ten bucks, that's one hundred twenty bucks a year. That's

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<v Speaker 1>like not too far off the price of literally just Prime.

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<v Speaker 1>And I talked about maybe just maybe ditching Prime.

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<v Speaker 2>Do I want to?

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<v Speaker 1>Will I with this added perk and taking advantage of

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<v Speaker 1>it, It seems like that makes Prime feel like it's even

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<v Speaker 1>more Do you know worth the expense?

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<v Speaker 2>Right? Do you know the details of the photostors as

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<v Speaker 2>the quantity onlimited photos? Okay, only up to ten gigs

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<v Speaker 2>worth of video, so photos just got go to my

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<v Speaker 2>heart's content videos though there's a limit. Yeah, do you

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<v Speaker 2>know how many videos you have? Do you take it

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<v Speaker 2>a whole lot of bit I uploaded all my stuff

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<v Speaker 2>to eat it. Oh yeah, oh yeah, I took advantage

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<v Speaker 2>and it had a little gauge to tell you how

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<v Speaker 2>much space you had left.

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<v Speaker 1>At one point it was like, say, you can't upload

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<v Speaker 1>any more videos, so definitely have more than ten gigs

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<v Speaker 1>or the videos. So I I don't know what I'm

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<v Speaker 1>gonna do about that. Maybe I going and delete something

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<v Speaker 1>that I don't care about, go to the video. Yeah,

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<v Speaker 1>but at least at least all the photos you upload

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<v Speaker 1>those videos.

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<v Speaker 2>To snapfish or whatever it was that you were looking at.

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<v Speaker 2>Maybe that's a good point.

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<v Speaker 1>Yeah, So maybe I can like patch work this together

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<v Speaker 1>and uh and save money. And Aaron, by the way,

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<v Speaker 1>email about that, And got another email from listener Shannon

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<v Speaker 1>who is trying something called pea Cloud. And I just

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<v Speaker 1>want to mention this because I love this sort of model.

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<v Speaker 1>It's you pay once and you get it for life.

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<v Speaker 1>You pay more, a lot more, because it's like four

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<v Speaker 1>hundred dollars for two hundred gigs for life or something

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<v Speaker 1>like that. The only potential downside is what if pea

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<v Speaker 1>cloud fails? Right, And this is the case for a

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<v Speaker 1>lot of service for life companies. You're like, oh great,

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<v Speaker 1>I never have to pay for this again, right, and

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<v Speaker 1>I love that idea. But if the company fails, you're

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<v Speaker 1>got a lot of money. Sorry, out of luck, but

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<v Speaker 1>at least I've got a decent solution for now.

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<v Speaker 2>Well then on top of that, too, less likely that

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<v Speaker 2>you have to run out and pick something up because

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<v Speaker 2>you can order something on Prime and have it show

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<v Speaker 2>up later in the afternoon. Press dude, let's talk about

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<v Speaker 2>the Supreme Court ruling. This is one that came out

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<v Speaker 2>actually last Friday, after we had published our Friday Flight.

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<v Speaker 2>But in a six' to three, ruling The Supreme court

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<v Speaker 2>said that the president's tariff policy is. Unconstitutional and why

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<v Speaker 2>they said that was the, case it's pretty. Crucial so

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<v Speaker 2>the president can't use the i e. E. P a

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<v Speaker 2>to justify. Tariffs, essentially the dealing out and the reeling

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<v Speaker 2>in of terrorists from a single individual exceeds the power

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<v Speaker 2>of the executive. Office so you might be, thinking, all, right,

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<v Speaker 2>well who? Terrorists they are no more all thanks to

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<v Speaker 2>The Supreme. Court right quite. Yeah he immediately was, like, uh,

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<v Speaker 2>Nope we're gonna do terroists this way. Now so he's

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<v Speaker 2>sticking to his guns and by.

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<v Speaker 1>The way you CUT I E E P a iepah

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<v Speaker 1>is what people call IT, aipa The International Emergency Economic Powers.

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<v Speaker 2>Act yeah, yeah in case you're like a nerd and

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<v Speaker 2>you want to, KNOW i want to dive into the.

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<v Speaker 2>Policy but he's essentially justifying the tariffs now by other

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<v Speaker 2>potentially legal or potentially illegal. Means but, like it makes

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<v Speaker 2>me think Of President biden's attempts to bring about student

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<v Speaker 2>loan forgiveness, right very, similar where he's just, Like i'm

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<v Speaker 2>pretty sure this is, unconstitutional but we're gonna we're gonna

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<v Speaker 2>go for it, anyway figure it out. Later And President

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<v Speaker 2>trump he's trying to do the same with terras via

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<v Speaker 2>other legal, maneuvers so terras will likely be forced to

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<v Speaker 2>be less. Capricious, Right, Like as to why it is

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<v Speaker 2>that whimsicle makes it sound, Fun, yeah like creative and

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<v Speaker 2>fantastical as opposed to emotional knee jerk, reaction which is,

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<v Speaker 2>like it seems like it's based more on whether or

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<v Speaker 2>not you received a gold bar from a country as

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<v Speaker 2>to your. Teriff for it seems more likely that you

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<v Speaker 2>are going to receive less terrorists placed in your country

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<v Speaker 2>where you to award The Nobel Peace, prize for, instance

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<v Speaker 2>these are this is the kind.

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<v Speaker 1>Of reasons given for implementing.

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<v Speaker 2>Terrorists don't love that kind of, policy. MAN i will

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<v Speaker 2>say the current terrafts that have been stated they have

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<v Speaker 2>an expiration. DAY i think it's one hundred and fifty,

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<v Speaker 2>days and so in order for those to. Continue it

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<v Speaker 2>is interesting Because congress is actually going to be forced

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<v Speaker 2>to act to actually make this a part of, legislation

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<v Speaker 2>as opposed to them being able to sit back and

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<v Speaker 2>have the tar ers essentially go. On and definitely it's

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<v Speaker 2>sort of the shoes on the other.

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<v Speaker 1>FOOT i know you missed talking about, tariffs SO i

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<v Speaker 1>know you're thrilled to be able to talk about it.

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<v Speaker 2>Today, again it's a little frustrating because do people truly

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<v Speaker 2>feel the impact of tariffs is tough to, know, right

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<v Speaker 2>given more prices and all the factors that go into

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<v Speaker 2>higher PRICE i think when you're.

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<v Speaker 1>Talking about most of the people listening and what they

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<v Speaker 1>pay at the, store it's been less felt than some

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<v Speaker 1>economists had. Predicted but when you hear the stories of

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<v Speaker 1>individual small business owners who are confronted with spectacular tariffs

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<v Speaker 1>that they hadn't planned, for that's where you, see oh my,

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<v Speaker 1>gosh this is a real problem for a not insignificant

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<v Speaker 1>number of. People and it's easier for the costcos of

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<v Speaker 1>this world to endure tariffs than it is for those

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<v Speaker 1>small business. Owners and by the, way the headline of

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<v Speaker 1>the most Recent Reason roundtable podcast Was trump replaces old

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<v Speaker 1>illegal tariffs with new illegal, tariffs AND i JUST i

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<v Speaker 1>love that BECAUSE i think it gets to the heart

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<v Speaker 1>of the. Matter but, yeah that's pretty dating accurate ambiguity

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<v Speaker 1>ambiguity of tariff. Policy it just it's a it's a

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<v Speaker 1>source of anxiety and frustration for businesses right when they're

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<v Speaker 1>attempting to, plan and so that is at the HEART

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<v Speaker 1>i think of the problem of these. TARIFFS i think

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<v Speaker 1>if we had some sort of like congressional implementation of

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<v Speaker 1>tariffs that that was clear, cut understood and long, lasting

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<v Speaker 1>then people would be a little bit less frustrated by.

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<v Speaker 1>It but you're, right it's the capricious, nature the ever

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<v Speaker 1>changing reality of tariff policy that really frustrated a lot

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<v Speaker 1>of small business, owners that made it hard to plan

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<v Speaker 1>and in fact put some small businesses either out of

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<v Speaker 1>business or behind the eight ball when it came to

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<v Speaker 1>moving their business, forward made it almost impossible to plan,

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<v Speaker 1>for which is a frustrating.

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<v Speaker 2>Thing, well speaking of behind a, ball it seems like

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<v Speaker 2>it's the magic eight ball That trump is using to

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<v Speaker 2>decide whether or not.

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<v Speaker 1>Sure it's all signs, yes, yeah, yeah. Okay so what's

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<v Speaker 1>going to happen? Now when a bunch of businesses of

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<v Speaker 1>filed lawsuits about getting refunds for tariff it's probably not

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<v Speaker 1>going to proceed, Smoothly and The Supreme court kind of,

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<v Speaker 1>said we're not really weigh in on. That we'll let

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<v Speaker 1>the lower courts handle that. Stuff so we'll see how

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<v Speaker 1>the refund process plays. Out my guess, Is matt will

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<v Speaker 1>we'll keep talking about tariffs sadly for months to, come

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<v Speaker 1>hopefully just not on the.

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<v Speaker 2>Rig so going back to kind of what we're saying,

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<v Speaker 2>before it makes sense that we should be talking about

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<v Speaker 2>terrorists because of the fact that that they impact the,

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<v Speaker 2>Economy but at the same, time the way that they

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<v Speaker 2>are being implemented makes me like it's just giving more

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<v Speaker 2>attention to the spectacle of our current day, politics which

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<v Speaker 2>is the part of it THAT i hate so. Much

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<v Speaker 2>it makes me think of The state of The union,

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<v Speaker 2>address which were you excited to tune in to that

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<v Speaker 2>BECAUSE i caught the highlights or low. Lights, however you

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<v Speaker 2>THINK i didn't even do. THAT i, mean, WELL i

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<v Speaker 2>guess listening to news wrap ups and stuff like, that

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<v Speaker 2>folks were highlighting the different aspects of.

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<v Speaker 1>It BUT i had to hear's some of the economic

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<v Speaker 1>proposals and thoughts just BECAUSE i feel, like which we've

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<v Speaker 1>got to cover.

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<v Speaker 2>That, yeah we definitely need to mention. That BUT i

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<v Speaker 2>would rather us do away with The state of The

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<v Speaker 2>union because it is just the performative politics nature of

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<v Speaker 2>what our politics.

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<v Speaker 1>Is.

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<v Speaker 2>Man this is like totally the politics segment portion of

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<v Speaker 2>the podcast, today of the. Show but it makes me

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<v Speaker 2>think about like even The senate hearings that we, have

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<v Speaker 2>where it's just a lot of people yelling and pointing

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<v Speaker 2>fingers and it's like an episode of Like Real housewives

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<v Speaker 2>or something in the cats there pointing out the lady as.

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<v Speaker 2>Well that's what it feels. Like that part of IT

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<v Speaker 2>i hate so. Much even though there were some interesting

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<v Speaker 2>things that That trump mentioned during The state of The, union.

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<v Speaker 1>Well he said we're winning so much like his the

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<v Speaker 1>way he touts what's happening in the economy is through a,

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<v Speaker 1>filter and the filter is and, GOSH i again trying

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<v Speaker 1>not to get too political. Here WHEN i took office In,

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<v Speaker 1>january everything turned around And America's america is great.

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<v Speaker 2>Again that's what executives do at The state of The,

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<v Speaker 2>union right every every stinking. Year that's WHY i hate

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<v Speaker 2>it so, much because it's just them touting their own

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<v Speaker 2>their own quote unquote. Wins you talked about, how like How,

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<v Speaker 2>Biden President biden attempted to treat student low and forgiveness

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<v Speaker 2>is very similar to How President trump is has treated

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<v Speaker 2>and attempted to implement. TARIFFS i think that's, true AND

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<v Speaker 2>i think the same is true for both of these

0:10:08.679 --> 0:10:11.920
<v Speaker 2>presidents in terms of how they're trying to spin what's

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<v Speaker 2>happening in the. Economy both are, LIKE i don't what

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<v Speaker 2>are you talking? About everything's?

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<v Speaker 1>Great, Yeah and the when you actually step back and

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<v Speaker 1>look from a macro, perspective there are a lot of

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<v Speaker 1>things to be excited about in terms of our. Economy,

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<v Speaker 1>LIKE i don't think things are as bad as some

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<v Speaker 1>of the political pundits want to make it, sound, agreed

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<v Speaker 1>and it's.

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<v Speaker 2>Also not as good as others are also trying to

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<v Speaker 2>make it.

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<v Speaker 1>So and also when people feel like things aren't, great

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<v Speaker 1>you don't come in and Like jedi my trick and

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<v Speaker 1>say what are you talking?

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<v Speaker 2>About?

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<v Speaker 1>Man things are, awesome and you're, like, oh, yeah you're. Right,

0:10:44.840 --> 0:10:46.960
<v Speaker 1>no that's just not how it, works and people want

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<v Speaker 1>to be understood in their. Frustration Is america as hot

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<v Speaker 1>As cancel In? ZOOLANDER i don't think. So, LIKE i

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<v Speaker 1>just don't think that's. True but, again when you look

0:10:57.000 --> 0:11:00.320
<v Speaker 1>at the progress post, pandemic progress in Particular matt of

0:11:00.360 --> 0:11:02.400
<v Speaker 1>our country when it came to like Taming, inflacio when

0:11:02.440 --> 0:11:05.040
<v Speaker 1>it comes to economic, growth and things are better In

0:11:05.120 --> 0:11:08.280
<v Speaker 1>america than in almost any other part of the, club that's.

0:11:08.280 --> 0:11:11.360
<v Speaker 2>True, Okay so one thing that's worth highlighting That trump

0:11:11.400 --> 0:11:16.240
<v Speaker 2>did mention is the matching retirement funds for individuals who

0:11:16.240 --> 0:11:18.520
<v Speaker 2>don't have a four to ONE k at their. Work

0:11:18.920 --> 0:11:21.319
<v Speaker 2>so starting next, year this is what's proposed that you

0:11:21.640 --> 0:11:23.959
<v Speaker 2>are going to get a one thousand dollars match if

0:11:24.000 --> 0:11:27.800
<v Speaker 2>you contribute two thousand. Dollars there's not a whole lot

0:11:27.800 --> 0:11:31.320
<v Speaker 2>of details given because obviously this is very, performative but

0:11:32.080 --> 0:11:34.400
<v Speaker 2>evidently the account's going to be similar to THE, tsp

0:11:34.559 --> 0:11:38.240
<v Speaker 2>The Thrift Savings, plan which federal employees are quite familiar

0:11:38.320 --> 0:11:41.520
<v Speaker 2>with and this is going to be particularly helpful for

0:11:41.520 --> 0:11:44.040
<v Speaker 2>the folks out there who are self, employed for folks

0:11:44.080 --> 0:11:47.079
<v Speaker 2>who are working at jobs that don't offer retirement, accounts

0:11:47.400 --> 0:11:51.560
<v Speaker 2>WHICH i, MAN i totally love this and WHETHER i

0:11:51.559 --> 0:11:53.560
<v Speaker 2>don't want to get overly excited about it, though because

0:11:53.559 --> 0:11:56.760
<v Speaker 2>this is a proposal from the presidents and it seems

0:11:56.800 --> 0:11:59.160
<v Speaker 2>like going back to The Supreme. Court one of the

0:11:59.200 --> 0:12:01.679
<v Speaker 2>reasons that they cited for That trump wasn't able to

0:12:01.720 --> 0:12:04.520
<v Speaker 2>do this was because in The, Constitution article one talks

0:12:04.520 --> 0:12:07.040
<v Speaker 2>about how it's in Fact congress's job to be able

0:12:07.040 --> 0:12:09.760
<v Speaker 2>to levy TAXES i will say the control of the.

0:12:09.760 --> 0:12:13.240
<v Speaker 1>Purse it sounds like the methodology that he can use

0:12:13.280 --> 0:12:16.400
<v Speaker 1>to implement this is from The Secure act right that

0:12:16.559 --> 0:12:19.440
<v Speaker 1>was Implemented securect two point. Zero and if that's the,

0:12:19.480 --> 0:12:22.640
<v Speaker 1>case then this really could come about with very little

0:12:23.040 --> 0:12:25.120
<v Speaker 1>legal issue can.

0:12:25.240 --> 0:12:27.480
<v Speaker 2>Argue but how durable is It at the same, time

0:12:27.520 --> 0:12:29.839
<v Speaker 2>that's a good question as opposed to being implemented in

0:12:29.880 --> 0:12:32.400
<v Speaker 2>a more congressional legislative sort of.

0:12:32.440 --> 0:12:34.320
<v Speaker 1>Approach if it comes to, PASS i think it's a

0:12:34.320 --> 0:12:37.679
<v Speaker 1>really exciting, development especially for like small business owners out.

0:12:37.679 --> 0:12:40.559
<v Speaker 1>There like you talked about how when you ran your photography.

0:12:40.559 --> 0:12:42.480
<v Speaker 1>Business you never had access to a match like. You

0:12:42.920 --> 0:12:45.000
<v Speaker 1>it was all on your, back and so that's that's. Cool,

0:12:45.080 --> 0:12:46.000
<v Speaker 1>OH i love the idea of.

0:12:46.040 --> 0:12:47.920
<v Speaker 2>It, yeah, ABSOLUTELY i just hope it comes about the right. Way,

0:12:48.000 --> 0:12:50.280
<v Speaker 2>YEAH i don't want to downplay how huge this could

0:12:50.360 --> 0:12:54.280
<v Speaker 2>be for. INDIVIDUALS a fifty percent match on two thousand

0:12:54.360 --> 0:12:58.880
<v Speaker 2>dollars of retirement investing in retirement. Savings that's, massive, Man

0:12:58.960 --> 0:13:01.400
<v Speaker 2>like that could be so huge for so Many. Americans for,

0:13:01.440 --> 0:13:03.960
<v Speaker 2>That i'm really, excited and this is certainly something we'll

0:13:04.000 --> 0:13:04.320
<v Speaker 2>keep an eye.

0:13:04.360 --> 0:13:07.240
<v Speaker 1>On the only downside is how does our how do

0:13:07.280 --> 0:13:09.280
<v Speaker 1>we come up with the funds as a country to

0:13:09.320 --> 0:13:11.160
<v Speaker 1>pay for. That i'll figure that out, later just adding

0:13:11.200 --> 0:13:13.800
<v Speaker 1>it on to the national. DEBT i guess last thing

0:13:14.120 --> 0:13:16.520
<v Speaker 1>that we should address From state of The union Is

0:13:16.640 --> 0:13:20.320
<v Speaker 1>President trump also mentioned briefly the topic of Limiting congress's

0:13:20.360 --> 0:13:24.160
<v Speaker 1>ability to trade individual. Stocks that's sure also something we

0:13:24.160 --> 0:13:26.240
<v Speaker 1>can get. Behind we've been talking abouts for a long.

0:13:26.280 --> 0:13:28.800
<v Speaker 1>Time it's how big of a difference is that going

0:13:28.840 --> 0:13:32.080
<v Speaker 1>to make for the Average? American not, much but it

0:13:32.160 --> 0:13:36.559
<v Speaker 1>WILL i think at least create a sense that we

0:13:37.160 --> 0:13:40.360
<v Speaker 1>that our congress people are not using information they get

0:13:40.559 --> 0:13:43.200
<v Speaker 1>that we don't have access to to make money while

0:13:43.200 --> 0:13:45.760
<v Speaker 1>they're in. Office totally, Agreeing all, right let's talk about housing.

0:13:45.800 --> 0:13:49.800
<v Speaker 1>Map homeowners are most frustrated by maintenance, cost apparently in

0:13:49.880 --> 0:13:53.200
<v Speaker 1>surprise repairs that they have to they have to pay

0:13:53.240 --> 0:13:56.760
<v Speaker 1>for these. DAYS a new report From hippo finds that

0:13:56.920 --> 0:14:00.200
<v Speaker 1>one of the biggest financial concerns of home ownership along

0:14:00.280 --> 0:14:03.960
<v Speaker 1>with rising home insurance costs right and property. Taxes those

0:14:04.000 --> 0:14:07.000
<v Speaker 1>are two line items that Have you've probably seen your

0:14:07.000 --> 0:14:09.480
<v Speaker 1>mortgage payment go up in the past few years because

0:14:09.520 --> 0:14:11.920
<v Speaker 1>of those two. Things, well it's the increased cost of

0:14:11.960 --> 0:14:14.640
<v Speaker 1>taking care of your. Home that's another big thing that

0:14:14.679 --> 0:14:18.800
<v Speaker 1>people are feeling overwhelmed. By and this REVEALS i think

0:14:18.840 --> 0:14:23.120
<v Speaker 1>a few. Things, one home ownership not. Cheap along with you,

0:14:23.120 --> 0:14:26.560
<v Speaker 1>know higher monthly payments higher than what you're paying to,

0:14:26.640 --> 0:14:30.880
<v Speaker 1>rent you're also signing up for bigger one time. Expenses

0:14:31.440 --> 0:14:35.680
<v Speaker 1>it's crucial obviously to budget for potential issues that could

0:14:35.680 --> 0:14:38.440
<v Speaker 1>arise as a. Homeowner the average rule OF Thumbi we've

0:14:38.440 --> 0:14:40.560
<v Speaker 1>outlined this in the past is to have something like

0:14:40.600 --> 0:14:43.080
<v Speaker 1>one to two percent of your home, value your home's

0:14:43.160 --> 0:14:47.160
<v Speaker 1>value set aside every single year for things you have

0:14:47.200 --> 0:14:48.600
<v Speaker 1>to do to repair your.

0:14:48.640 --> 0:14:48.960
<v Speaker 2>House.

0:14:50.480 --> 0:14:52.760
<v Speaker 1>MATT i think, like let's say your home is worth

0:14:53.080 --> 0:14:57.600
<v Speaker 1>eight hundred thousand dollars right then you're talking about having

0:14:58.000 --> 0:15:00.520
<v Speaker 1>between eight and sixteen thousand dollars set up side for

0:15:00.640 --> 0:15:01.840
<v Speaker 1>things you need to do to your. Home do you

0:15:01.880 --> 0:15:04.160
<v Speaker 1>think that's excessive or do you think that that.

0:15:04.560 --> 0:15:05.360
<v Speaker 2>Probably pretty thing?

0:15:05.400 --> 0:15:08.160
<v Speaker 1>Accurate But i'm guessing that's not what most folks are, doing.

0:15:08.280 --> 0:15:11.240
<v Speaker 1>Agreed and it just really depends too on the status

0:15:11.240 --> 0:15:12.800
<v Speaker 1>of your home because one to two percent that's like

0:15:12.880 --> 0:15:14.960
<v Speaker 1>a big. Gap take a look in particular at the

0:15:15.080 --> 0:15:17.240
<v Speaker 1>at the main systems of your, home your your roof

0:15:17.280 --> 0:15:19.280
<v Speaker 1>and YOUR. Hvac those are two big, things like how

0:15:19.440 --> 0:15:21.360
<v Speaker 1>how long has it been since those have been? Replaced

0:15:21.680 --> 0:15:25.040
<v Speaker 1>if if it hasn't been, long then you could probably

0:15:25.120 --> 0:15:27.520
<v Speaker 1>stick to closer to one percent of your home's. Value

0:15:27.520 --> 0:15:29.400
<v Speaker 1>but if you're, like oh, god it was getting pretty

0:15:29.480 --> 0:15:32.200
<v Speaker 1>up there in age pass roof can be that can

0:15:32.240 --> 0:15:35.560
<v Speaker 1>take your whole budget for that one year in terms

0:15:35.640 --> 0:15:38.960
<v Speaker 1>of in terms of your. Home but it's crucial to

0:15:39.000 --> 0:15:42.920
<v Speaker 1>set money aside for those expenses and to factor that

0:15:43.000 --> 0:15:44.920
<v Speaker 1>into on the front end when you're thinking about buying

0:15:44.920 --> 0:15:47.520
<v Speaker 1>a home or or you can start figuring some of

0:15:47.560 --> 0:15:47.800
<v Speaker 1>that out.

0:15:47.800 --> 0:15:51.400
<v Speaker 2>Yourself, yes we talked about, this, okay so we talked

0:15:51.400 --> 0:15:54.480
<v Speaker 2>about the coffee bar On. Monday. Right here's a new

0:15:54.480 --> 0:15:56.640
<v Speaker 2>wrinkle which AND i are already shared this with you

0:15:56.680 --> 0:15:58.280
<v Speaker 2>a little, bit so this is more for the listeners out.

0:15:58.320 --> 0:16:03.680
<v Speaker 2>There but evidently there is a upstairs bathroom drain line

0:16:03.760 --> 0:16:06.800
<v Speaker 2>goes through one of the walls of the coffee, bar and,

0:16:06.880 --> 0:16:09.080
<v Speaker 2>EVIDENTLY i think for at least four or five, years

0:16:09.080 --> 0:16:11.360
<v Speaker 2>it's been leaking some down in the, basement not like,

0:16:11.520 --> 0:16:14.120
<v Speaker 2>terribly but you can see where it's gotten wet and,

0:16:14.200 --> 0:16:17.840
<v Speaker 2>dried and it's crusty and. Gross and what a great

0:16:17.880 --> 0:16:20.080
<v Speaker 2>time to go ahead and bust open that wall and

0:16:20.120 --> 0:16:24.360
<v Speaker 2>make sure that the leak isn't originating within the wall

0:16:24.400 --> 0:16:27.520
<v Speaker 2>as opposed to right as the pipe passes through the cross.

0:16:27.560 --> 0:16:29.960
<v Speaker 2>Space and with the knowledge and Experience i've gained over

0:16:29.960 --> 0:16:32.120
<v Speaker 2>the past nine months when it comes to, PLUMBING i

0:16:32.160 --> 0:16:34.800
<v Speaker 2>had very little to worry. About, WELL i don't know

0:16:35.120 --> 0:16:38.440
<v Speaker 2>that sounds. RECKLESS i felt empowered to be able to

0:16:38.480 --> 0:16:40.840
<v Speaker 2>take that project on, myself and so SOMETHING i was

0:16:40.840 --> 0:16:43.320
<v Speaker 2>able to knock out last. Weekend it's also cut into

0:16:43.360 --> 0:16:46.480
<v Speaker 2>a three inch, waistline got some fresh WHITE, pbc ran

0:16:46.600 --> 0:16:49.640
<v Speaker 2>that through the, floor got it all plumbed, up good to.

0:16:49.720 --> 0:16:52.040
<v Speaker 2>Go dot was back to shower before she even knew.

0:16:52.080 --> 0:16:54.280
<v Speaker 2>It she didn't miss.

0:16:54.280 --> 0:16:57.680
<v Speaker 1>It this isarly like when you think about the major

0:16:57.720 --> 0:17:03.560
<v Speaker 1>costs of these home, produces it's labor, Right, LIKE i

0:17:03.560 --> 0:17:05.800
<v Speaker 1>don't Even, yeah it wasn't as much the case a decade.

0:17:05.840 --> 0:17:07.280
<v Speaker 1>AGO i think it was closer to fifty to, fifty

0:17:07.320 --> 0:17:08.800
<v Speaker 1>but NOW i think it's siler's hourly.

0:17:09.000 --> 0:17:10.440
<v Speaker 2>Rate it's.

0:17:10.440 --> 0:17:12.960
<v Speaker 1>Insane it's like it's at least sixty five to thirty

0:17:12.960 --> 0:17:16.159
<v Speaker 1>five in terms of labor versus the. Materials and so

0:17:16.320 --> 0:17:18.840
<v Speaker 1>the more you can take on or do, yourself especially

0:17:18.960 --> 0:17:22.119
<v Speaker 1>those smaller projects that can help lead to bigger projects

0:17:22.359 --> 0:17:24.639
<v Speaker 1>that will at least reduce how much you need to

0:17:24.680 --> 0:17:27.040
<v Speaker 1>have saved if you feel like you can tackle those

0:17:27.040 --> 0:17:27.560
<v Speaker 1>projects on your.

0:17:27.600 --> 0:17:29.520
<v Speaker 2>Own it makes me think of an attorney friend of,

0:17:29.560 --> 0:17:32.720
<v Speaker 2>ours and he owns some properties as, well and he

0:17:32.760 --> 0:17:35.040
<v Speaker 2>always hates painting plumbers because he's just, like their hourly

0:17:35.080 --> 0:17:37.399
<v Speaker 2>rate is more than WHAT i get. Paid he's, Like

0:17:37.440 --> 0:17:40.160
<v Speaker 2>i'm gonna start being a. Plumber but with these high

0:17:40.200 --> 0:17:42.480
<v Speaker 2>prices of, homes this is why more Young americans are

0:17:42.480 --> 0:17:45.520
<v Speaker 2>finding themselves being content to. Rent and it's not that

0:17:45.560 --> 0:17:48.040
<v Speaker 2>folks don't think that they're that they're ever going to

0:17:48.080 --> 0:17:49.879
<v Speaker 2>be able to buy a, home ALTHOUGH i think that

0:17:49.960 --> 0:17:52.440
<v Speaker 2>might be part of, It but it's also because they've

0:17:52.440 --> 0:17:55.640
<v Speaker 2>been investing more and with that they have seen their

0:17:55.840 --> 0:18:01.119
<v Speaker 2>wealth increase, significantly and as monthly remains a good bit

0:18:01.200 --> 0:18:04.399
<v Speaker 2>cheaper than, buying folks are starting to even just question

0:18:04.480 --> 0:18:07.960
<v Speaker 2>the entire premise of purchasing a home right like it

0:18:08.040 --> 0:18:10.719
<v Speaker 2>used to be the sort of default sort of thing of, like, oh,

0:18:10.840 --> 0:18:13.639
<v Speaker 2>yep you're throwing money away if you're, renting you need

0:18:13.680 --> 0:18:15.560
<v Speaker 2>to buy a, Home but it all comes down to

0:18:15.640 --> 0:18:18.480
<v Speaker 2>what you are doing with those funds. Instead and as

0:18:18.520 --> 0:18:21.200
<v Speaker 2>more folks are sticking money into the, market and they're

0:18:21.200 --> 0:18:25.080
<v Speaker 2>seeing that those dollars increase faster than, housing and that's

0:18:25.080 --> 0:18:27.240
<v Speaker 2>what YOU i, Mean this isn't just a recent. Phenomena

0:18:27.280 --> 0:18:29.480
<v Speaker 2>you look back over the data from the past hundred,

0:18:29.560 --> 0:18:34.520
<v Speaker 2>Years the average amount of home equity increases that folks

0:18:34.560 --> 0:18:36.879
<v Speaker 2>have seen have not kept up with what the market

0:18:36.920 --> 0:18:39.920
<v Speaker 2>has done over the long. Haul so that's the biggest trick,

0:18:39.920 --> 0:18:42.120
<v Speaker 2>THOUGH i, think is whether or not folks will actually

0:18:42.160 --> 0:18:44.600
<v Speaker 2>do that with that. Money but the people who, are

0:18:45.160 --> 0:18:47.719
<v Speaker 2>but the folks who are are seeing their wealth increase.

0:18:47.840 --> 0:18:50.240
<v Speaker 2>Significantly and it also doesn't surprise. Me we were just

0:18:50.280 --> 0:18:54.440
<v Speaker 2>talking about the potentially new retirement government, sponsored government backed

0:18:54.520 --> 0:18:58.719
<v Speaker 2>match with A tsp like retirement. Plan but the majority

0:18:58.760 --> 0:19:01.080
<v Speaker 2>Of americans who are working full time have access to

0:19:01.160 --> 0:19:02.920
<v Speaker 2>a four to ONE, k and so it doesn't surprise

0:19:02.960 --> 0:19:05.320
<v Speaker 2>me that we're seeing more folks enter into the. Workforce

0:19:05.720 --> 0:19:08.600
<v Speaker 2>and all of the new four ONE k plans have

0:19:08.640 --> 0:19:11.040
<v Speaker 2>to auto enroll their, employees and so you've got this

0:19:11.280 --> 0:19:16.679
<v Speaker 2>entire generation of folks who are getting they got that stealth.

0:19:16.680 --> 0:19:18.760
<v Speaker 2>Wealth they don't even realize it until they sit down

0:19:18.760 --> 0:19:20.080
<v Speaker 2>at the end of the year and they're, LIKE, whoa

0:19:20.480 --> 0:19:23.359
<v Speaker 2>where did that come? From, yeah that's. Awesome and they

0:19:23.359 --> 0:19:26.720
<v Speaker 2>feel less of that pressure where to purchase a, home

0:19:26.760 --> 0:19:31.439
<v Speaker 2>whereas previous generations maybe they had fatter deposits every two

0:19:31.480 --> 0:19:33.240
<v Speaker 2>weeks in their account that you, know they're bringing their

0:19:33.400 --> 0:19:35.840
<v Speaker 2>take thems a little bit more because they're not sitting

0:19:35.840 --> 0:19:37.920
<v Speaker 2>money aside in A fourmu AND k and therefore they're

0:19:38.160 --> 0:19:40.480
<v Speaker 2>using more of those funds to purchase a. Home Right

0:19:40.560 --> 0:19:42.280
<v Speaker 2>and like we've talked about trade. Off so much to

0:19:42.400 --> 0:19:45.240
<v Speaker 2>happen depends on what's happening in the. Market because if

0:19:45.240 --> 0:19:50.040
<v Speaker 2>you're talking about twenty eleven twenty, twelve and someone's sending

0:19:50.080 --> 0:19:52.280
<v Speaker 2>in an ASK htm and they're, like SHOULD i buy a, house,

0:19:52.520 --> 0:19:55.040
<v Speaker 2>like we would, say, wow rates are pretty dang. Low

0:19:55.160 --> 0:19:58.480
<v Speaker 2>prices are incredibly. Low think about you're probably going to

0:19:58.520 --> 0:20:00.159
<v Speaker 2>be paying less on your mortgage in which you and.

0:20:00.280 --> 0:20:02.600
<v Speaker 2>Rent buying a house has there's a lot of perks

0:20:02.600 --> 0:20:05.119
<v Speaker 2>to buying a house right twenty. Eleven in twenty twenty,

0:20:05.160 --> 0:20:08.199
<v Speaker 2>six the script is flipped and it's so much from,

0:20:09.320 --> 0:20:12.200
<v Speaker 2>yes for sure to rent than it is to. Buy

0:20:12.240 --> 0:20:15.200
<v Speaker 2>and you're, like, oh IF i could rent or, yeah

0:20:15.240 --> 0:20:17.720
<v Speaker 2>rent the place for two grand THAT i would pay a,

0:20:17.760 --> 0:20:20.360
<v Speaker 2>MORTGAGE i would be paying like four. Grand that's two

0:20:20.440 --> 0:20:23.119
<v Speaker 2>thousand extra dollars a. Month and by the, WAY i

0:20:23.160 --> 0:20:25.959
<v Speaker 2>don't think it's a ridiculous. Assertion given where home prices

0:20:25.960 --> 0:20:28.120
<v Speaker 2>and interest rates are right, now you can probably rent

0:20:28.119 --> 0:20:29.800
<v Speaker 2>something for significantly. Less that's very.

0:20:29.800 --> 0:20:32.719
<v Speaker 1>Similar and if How i'm investing that, difference you can

0:20:32.720 --> 0:20:35.119
<v Speaker 1>get ahead really quickly and guess what you can be

0:20:35.240 --> 0:20:38.280
<v Speaker 1>investing for the possibility of future home ownership instead of

0:20:38.320 --> 0:20:40.360
<v Speaker 1>kind of trying to like force force a square peg

0:20:40.359 --> 0:20:40.840
<v Speaker 1>into a round.

0:20:40.840 --> 0:20:42.960
<v Speaker 2>Hole right, now there you. Go, yeah you're actually building

0:20:43.040 --> 0:20:45.960
<v Speaker 2>up a down. Payment, yeah that you can deploy once

0:20:45.960 --> 0:20:47.000
<v Speaker 2>you have have enough funds on.

0:20:47.040 --> 0:20:48.480
<v Speaker 1>HAND i do feel LIKE i should talk out of

0:20:48.480 --> 0:20:51.760
<v Speaker 1>both sides of my, Mouth, matt because on the flip.

0:20:51.520 --> 0:20:53.840
<v Speaker 2>Side that's one of your. Specialties it is it. Is,

0:20:53.880 --> 0:20:56.200
<v Speaker 2>YEAH i like the. Dedication it's what we. Do there's

0:20:56.200 --> 0:20:58.040
<v Speaker 2>a lot of nuance when it comes to personal. Finance

0:20:58.119 --> 0:20:59.960
<v Speaker 2>so hous.

0:20:59.920 --> 0:21:02.359
<v Speaker 1>More is starting to slow. Down it's not like a

0:21:02.520 --> 0:21:06.320
<v Speaker 1>twenty twenty, four right or twenty twenty three. Anymore, yeah

0:21:06.440 --> 0:21:09.359
<v Speaker 1>well rates have come down a little bit. Racer so

0:21:09.359 --> 0:21:13.200
<v Speaker 1>that's up finally sub six percent on average and.

0:21:13.400 --> 0:21:16.320
<v Speaker 2>Five point nine eight and yeah was this week's.

0:21:16.320 --> 0:21:18.960
<v Speaker 1>Average AND i went back to the local our local

0:21:18.960 --> 0:21:21.480
<v Speaker 1>credit union's website to look at their fifteen to fifteen.

0:21:21.600 --> 0:21:24.159
<v Speaker 1>Arm the rate on that is. Down it's IT'S i

0:21:24.160 --> 0:21:26.280
<v Speaker 1>think directly at five percent right. NOW i wouldn't be

0:21:26.280 --> 0:21:28.960
<v Speaker 1>surprised if it's in the four something range in the near.

0:21:29.000 --> 0:21:31.880
<v Speaker 1>Future that's pretty that's pretty. Great so people who are

0:21:31.920 --> 0:21:36.040
<v Speaker 1>like and we're seeing write more price reductions because there's

0:21:36.119 --> 0:21:39.240
<v Speaker 1>just the market in general is. Softer so, yeah maybe

0:21:39.480 --> 0:21:42.240
<v Speaker 1>if you're patient and you're smart and you've saved, up

0:21:42.560 --> 0:21:44.560
<v Speaker 1>you can get a better deal than you've been able

0:21:44.600 --> 0:21:48.320
<v Speaker 1>to get in recent. Years this spring selling, SEASON i don't.

0:21:48.359 --> 0:21:50.680
<v Speaker 2>Know that's. UH i thought it was gonna happen last.

0:21:50.680 --> 0:21:52.439
<v Speaker 2>SPRING i remember selling the folks that'd be, LIKE i

0:21:52.480 --> 0:21:55.840
<v Speaker 2>really think we're gonna see rates tick down and things eat,

0:21:55.920 --> 0:21:58.440
<v Speaker 2>Up but it didn't. Happen, YEAH i think when you're,

0:21:58.440 --> 0:21:59.240
<v Speaker 2>Starting i'm done making.

0:21:59.240 --> 0:22:02.680
<v Speaker 1>Predictions starting to c rates in the low fives and high,

0:22:02.720 --> 0:22:06.000
<v Speaker 1>fours that's a signal that's going to soften the market

0:22:06.080 --> 0:22:08.760
<v Speaker 1>a little, bit and it's going to MAKE i think

0:22:09.200 --> 0:22:11.800
<v Speaker 1>selling and buying something else more attractive to a certain

0:22:11.800 --> 0:22:14.040
<v Speaker 1>segment of, people and just buying in, general first time

0:22:14.080 --> 0:22:17.480
<v Speaker 1>home buyers maybe a little less frustrating or.

0:22:17.480 --> 0:22:20.320
<v Speaker 2>Onerous that's, right, Man but we've got more to get.

0:22:20.359 --> 0:22:23.679
<v Speaker 2>To we're gonna talk about eating steak and other foods

0:22:23.760 --> 0:22:25.880
<v Speaker 2>that and more weighs of. Save right after this.

0:22:33.800 --> 0:22:36.800
<v Speaker 1>Power back from the, break it's time the ludicrous headline

0:22:36.800 --> 0:22:39.000
<v Speaker 1>of the. Week this one comes From Business insider and

0:22:39.040 --> 0:22:42.960
<v Speaker 1>it reads Death isn't The? End meta patented IN ai

0:22:43.200 --> 0:22:48.800
<v Speaker 1>that lets you keep posting from beyond the, grave, Right, yeah.

0:22:48.000 --> 0:22:50.920
<v Speaker 2>Just what everyone wanted was the ability for people on

0:22:51.240 --> 0:22:52.639
<v Speaker 2>that they're friends with On facebook to be able to.

0:22:52.680 --> 0:22:56.080
<v Speaker 1>Troll THOUGH i, know right from the grave forever from

0:22:56.119 --> 0:22:57.040
<v Speaker 1>the great, beyond.

0:22:56.800 --> 0:22:57.960
<v Speaker 2>Because it's so messed.

0:22:58.000 --> 0:23:00.400
<v Speaker 1>UP i can't, WELL i don't know who's gonna die,

0:23:00.480 --> 0:23:02.159
<v Speaker 1>First mir or. You But i'm trying to decide what

0:23:02.160 --> 0:23:05.480
<v Speaker 1>it would be like to read fake postings FROM, Ai,

0:23:05.560 --> 0:23:06.480
<v Speaker 1>matt like when you're?

0:23:06.520 --> 0:23:09.200
<v Speaker 2>Dead, yeah WOULD i be, Like, OH i don't think

0:23:09.200 --> 0:23:11.119
<v Speaker 2>there'd be much? There like this is, FREAKY i think

0:23:11.560 --> 0:23:14.320
<v Speaker 2>BECAUSE i try not to post on. There, yeah because it's.

0:23:14.560 --> 0:23:17.840
<v Speaker 2>DUE i, mean this is straight up an episode Of Black. Mirror, Yeah,

0:23:17.880 --> 0:23:19.840
<v Speaker 2>like and that's what attracted me To Black mirror was

0:23:19.880 --> 0:23:23.359
<v Speaker 2>sort of the, weird like twisted dystopian sort of part of.

0:23:23.400 --> 0:23:26.000
<v Speaker 2>It but the really sad thing is that that is

0:23:26.000 --> 0:23:28.359
<v Speaker 2>becoming a, reality which only just kind of makes me

0:23:28.880 --> 0:23:32.040
<v Speaker 2>kind of sad about our current state and that are

0:23:32.040 --> 0:23:35.399
<v Speaker 2>so normal. Now, honestly it is LIKE i was pretty

0:23:35.440 --> 0:23:37.200
<v Speaker 2>attracted to it early, on but now that we're kind

0:23:37.200 --> 0:23:40.359
<v Speaker 2>of living, it, yeah, yeah not super thrilled with. It

0:23:40.440 --> 0:23:42.600
<v Speaker 2>and just because there is A you know that they

0:23:42.600 --> 0:23:44.960
<v Speaker 2>filed for a patent doesn't mean that that is actually

0:23:45.720 --> 0:23:47.520
<v Speaker 2>going to be a feature that they roll.

0:23:47.600 --> 0:23:49.679
<v Speaker 1>OUTS i wouldn't be, surprised but maybe well here's WHY

0:23:49.680 --> 0:23:51.840
<v Speaker 1>i wouldn't be, surprised but they might. One in the patent,

0:23:51.880 --> 0:23:54.600
<v Speaker 1>filing it, says AND i, quote the language model may

0:23:54.600 --> 0:23:56.840
<v Speaker 1>be used for simulating the user when the user is

0:23:56.880 --> 0:23:59.600
<v Speaker 1>absent from the social networking, system for, example when the

0:23:59.640 --> 0:24:01.800
<v Speaker 1>user takes say long, break or if the user is.

0:24:02.080 --> 0:24:04.720
<v Speaker 1>Deceased and not only does it say that in the patent,

0:24:04.720 --> 0:24:08.280
<v Speaker 1>filing but we're kind of already seeing this play. Out

0:24:08.560 --> 0:24:12.439
<v Speaker 1>So Scott, adams who did The dilbert comic, strip and

0:24:12.480 --> 0:24:17.040
<v Speaker 1>he was also like a political personality in many ways,

0:24:17.040 --> 0:24:19.280
<v Speaker 1>too that he passed away a couple of months ago

0:24:19.600 --> 0:24:23.080
<v Speaker 1>and end AND ai is being used to create create

0:24:23.119 --> 0:24:26.200
<v Speaker 1>post mortem videos of. Him so like his podcast, continues

0:24:26.440 --> 0:24:29.919
<v Speaker 1>his video podcast. Apparently see that's so. Weird it's so

0:24:30.600 --> 0:24:33.400
<v Speaker 1>it's so. Weird, yeah so. Dystopian and how the money could,

0:24:33.400 --> 0:24:34.720
<v Speaker 1>Continue well that's without.

0:24:34.840 --> 0:24:38.120
<v Speaker 2>Us how it's difficult for me to not think through

0:24:38.240 --> 0:24:40.560
<v Speaker 2>how does this what are the ramifications for? Us? Right

0:24:40.560 --> 0:24:44.879
<v Speaker 2>because we have this wonderful company that has worked well with.

0:24:45.000 --> 0:24:48.679
<v Speaker 2>Us iHeart iHeart. Media but here's the, Thing, joel they

0:24:48.720 --> 0:24:51.399
<v Speaker 2>technically own how To, money and even though it's been

0:24:51.440 --> 0:24:55.600
<v Speaker 2>a great, partnership let's just imagine the future where we

0:24:55.640 --> 0:24:58.280
<v Speaker 2>don't want to do the. Show that's less. Likely what's

0:24:58.320 --> 0:24:59.720
<v Speaker 2>more likely probably.

0:24:59.400 --> 0:25:03.800
<v Speaker 1>Is a future save, money like where we can't agree

0:25:03.800 --> 0:25:06.840
<v Speaker 1>to the terms and they, say.

0:25:06.680 --> 0:25:09.560
<v Speaker 2>Well that's. Okay we've got over a thousand episodes that

0:25:09.600 --> 0:25:12.239
<v Speaker 2>we technically own of our voice and us sharing our

0:25:12.320 --> 0:25:14.600
<v Speaker 2>jokes and telling our. STORIES i think we can kind

0:25:14.600 --> 0:25:18.119
<v Speaker 2>of keep that. Rolling that's a bleak that we're living

0:25:18.119 --> 0:25:21.679
<v Speaker 2>our own living nightmare Of Black mirror podcast editions if

0:25:22.400 --> 0:25:24.600
<v Speaker 2>that were to. Happen but we also know then that

0:25:24.600 --> 0:25:28.040
<v Speaker 2>they wouldn't be able to run the guaranteed human part

0:25:28.080 --> 0:25:31.000
<v Speaker 2>at the very beginning of the episode because at the

0:25:31.000 --> 0:25:32.720
<v Speaker 2>point it wouldn't take that claim. Off, yeah, yeah we

0:25:32.720 --> 0:25:33.119
<v Speaker 2>can do that.

0:25:33.119 --> 0:25:36.280
<v Speaker 1>Anywhere, well it's a little little, freaky little, Frightening AND i,

0:25:36.320 --> 0:25:39.160
<v Speaker 1>MEAN i think we're just living in a time where

0:25:39.680 --> 0:25:42.520
<v Speaker 1>just deep fakes are getting so much. BETTER ai scams

0:25:42.560 --> 0:25:45.639
<v Speaker 1>are becoming even more, prevalent and they're becoming more convincing

0:25:46.000 --> 0:25:49.639
<v Speaker 1>and so it's just don't believe everything you see, it

0:25:50.080 --> 0:25:53.600
<v Speaker 1>do a fact, check like look, again because we're living

0:25:53.640 --> 0:25:57.000
<v Speaker 1>in an era where even people can post stuff from

0:25:57.040 --> 0:25:58.560
<v Speaker 1>beyond the grave and you're, like, OH i thought the

0:25:58.560 --> 0:26:00.479
<v Speaker 1>person was. DEAD i Guess i'll keep following. Them but

0:26:00.560 --> 0:26:03.280
<v Speaker 1>it's it's just a it's a weird, world and protecting

0:26:03.320 --> 0:26:06.600
<v Speaker 1>yourself becomes even more. Important, yeah, okay let me see

0:26:06.600 --> 0:26:07.119
<v Speaker 1>IF i can pull this.

0:26:07.200 --> 0:26:12.560
<v Speaker 2>Off as money piles INTO, ai the system's powering these deep.

0:26:12.600 --> 0:26:15.120
<v Speaker 2>Fakes some of the folks working in the field are

0:26:15.160 --> 0:26:17.920
<v Speaker 2>making bank and the more money you, have the more

0:26:17.960 --> 0:26:19.840
<v Speaker 2>you want to protect, it, which in the case of,

0:26:19.840 --> 0:26:22.280
<v Speaker 2>marriage means getting a. Prenup do you like, that? Seguay,

0:26:22.359 --> 0:26:25.320
<v Speaker 2>no what's? Good well, Done we've talked about.

0:26:25.359 --> 0:26:27.760
<v Speaker 1>Prenups, YEAH i could not have replicated. That oh, my, yeah,

0:26:27.960 --> 0:26:30.760
<v Speaker 1>there human skills were a whole. Display there such a better.

0:26:30.840 --> 0:26:33.840
<v Speaker 2>Job we actually talked about prenups in depth back in

0:26:33.960 --> 0:26:38.240
<v Speaker 2>episode seven forty. Three AND i don't have a. PRENUP i,

0:26:38.280 --> 0:26:41.400
<v Speaker 2>DON'T i don't, know neither of us knew And emily

0:26:40.960 --> 0:26:44.760
<v Speaker 2>WERE i And kate thing especially for people with.

0:26:44.960 --> 0:26:47.160
<v Speaker 1>Zero, dollars like when you AND i got, married there

0:26:47.200 --> 0:26:50.800
<v Speaker 1>wasn't much to, Protect, like we hadn't built up significant.

0:26:50.840 --> 0:26:53.040
<v Speaker 1>Assets you got married when you were twenty, three twenty,

0:26:53.080 --> 0:26:55.440
<v Speaker 1>four twenty twenty. THREE i got married WHEN i was twenty, Six,

0:26:55.480 --> 0:26:57.320
<v Speaker 1>like there wasn't a lot to. PROTECT i wasn't, like,

0:26:57.480 --> 0:26:59.199
<v Speaker 1>OH i don't want my wife to have access to

0:26:59.240 --> 0:27:02.480
<v Speaker 1>this treasure trail That i've Didn't there was no treasure.

0:27:02.520 --> 0:27:04.399
<v Speaker 2>Trove we built it. Together. Yeah, Yeah so this was

0:27:04.400 --> 0:27:07.040
<v Speaker 2>an article highlighting folks who are just worth a ton of.

0:27:07.080 --> 0:27:10.040
<v Speaker 2>Money now they're trying to move on and not move

0:27:10.080 --> 0:27:11.639
<v Speaker 2>on in their, life but they're trying to build their,

0:27:11.680 --> 0:27:15.520
<v Speaker 2>lives start a, family and they're talking about, prenups and

0:27:15.600 --> 0:27:17.760
<v Speaker 2>IT'S i, mean do you feel that your, opinion BECAUSE

0:27:17.760 --> 0:27:20.919
<v Speaker 2>i remember after that episode one of WHAT i recall

0:27:21.000 --> 0:27:23.679
<v Speaker 2>your one of your takeaways being was, that you, KNOW

0:27:23.800 --> 0:27:25.840
<v Speaker 2>i didn't think that prenups made. Sense but the fact

0:27:25.960 --> 0:27:28.959
<v Speaker 2>that the, state the fact that they have default rules

0:27:29.040 --> 0:27:31.520
<v Speaker 2>essentially that they follow if you don't have a, prenup

0:27:31.560 --> 0:27:34.400
<v Speaker 2>means depending on which state you're, in you have different prenup. Rules.

0:27:34.600 --> 0:27:36.840
<v Speaker 2>Yeah so the fact that there is sort of like

0:27:36.880 --> 0:27:40.720
<v Speaker 2>this default prenup depending that's basically state issued seemed like,

0:27:40.720 --> 0:27:43.479
<v Speaker 2>IT i guess had more of an impact on. You

0:27:43.520 --> 0:27:45.760
<v Speaker 2>but do you still feel that way? NOW i? DO i.

0:27:45.800 --> 0:27:48.840
<v Speaker 1>DO i think though that it's really. Crucial like when

0:27:48.880 --> 0:27:52.520
<v Speaker 1>you're getting, married you're talking about combining right for, life

0:27:52.560 --> 0:27:55.760
<v Speaker 1>like that is that's the. Goal even when you read your, vowels,

0:27:55.800 --> 0:27:58.320
<v Speaker 1>like think about what you're saying when you read those

0:27:58.400 --> 0:28:02.200
<v Speaker 1>vows it's it's not an insignificant commitment that you're. Making

0:28:02.240 --> 0:28:06.240
<v Speaker 1>and SO i think because of, that it's just it's

0:28:06.280 --> 0:28:09.159
<v Speaker 1>important to be generous and fair when you're creating a

0:28:09.160 --> 0:28:12.280
<v Speaker 1>prenup with your. Partner i've JUST i Think i've seen

0:28:12.440 --> 0:28:15.719
<v Speaker 1>Other i've seen relationships at times blow up before you

0:28:15.720 --> 0:28:19.360
<v Speaker 1>get to the altar because of the way the prenup process.

0:28:19.560 --> 0:28:21.840
<v Speaker 2>Goes, yeah that to me is like super duper. Sad

0:28:22.119 --> 0:28:26.320
<v Speaker 2>so it's. Okay it's probably better then than actually getting

0:28:26.320 --> 0:28:30.000
<v Speaker 2>married and finding out that they're, selfish, right because LIKE

0:28:30.000 --> 0:28:31.600
<v Speaker 2>i would even push it a step. Further you said

0:28:31.760 --> 0:28:33.800
<v Speaker 2>to attempt to be, fair like you got to be

0:28:33.840 --> 0:28:35.840
<v Speaker 2>more than, Fair like you have to be generous and,

0:28:35.880 --> 0:28:38.280
<v Speaker 2>loving because that's what as you enter into a, marriage

0:28:38.280 --> 0:28:40.719
<v Speaker 2>it is a like you put together two people who

0:28:40.760 --> 0:28:43.560
<v Speaker 2>are selfish who only care about themselves into a marriage

0:28:43.640 --> 0:28:47.160
<v Speaker 2>and there's just nothing but a road of brokenness that lies,

0:28:47.200 --> 0:28:49.920
<v Speaker 2>ahead right as opposed to bringing together two people who

0:28:49.920 --> 0:28:52.880
<v Speaker 2>are entering into this relationship and this institution knowing, that,

0:28:53.080 --> 0:28:55.240
<v Speaker 2>oh this is an area Where i'm going to, sacrifice

0:28:55.240 --> 0:28:57.000
<v Speaker 2>WHERE I am going to put the other person, First

0:28:57.280 --> 0:29:00.440
<v Speaker 2>like you need both people doing that in, order, Opinion,

0:29:00.520 --> 0:29:02.440
<v Speaker 2>yeah to have a successful.

0:29:02.600 --> 0:29:05.160
<v Speaker 1>Marriage i've Heard i've heard friends say stuff, like, oh,

0:29:05.240 --> 0:29:07.760
<v Speaker 1>man once my spouse pays off the rest of her,

0:29:07.800 --> 0:29:09.880
<v Speaker 1>loans her student, loans that.

0:29:10.360 --> 0:29:12.040
<v Speaker 2>It feels off to, me, RIGHT i.

0:29:12.120 --> 0:29:16.200
<v Speaker 1>Just to, me that doesn't make sense and that's not

0:29:16.240 --> 0:29:18.520
<v Speaker 1>how we handle. Money AND i think when you look

0:29:18.560 --> 0:29:21.080
<v Speaker 1>at the statistics which we've talked about over the, years

0:29:21.360 --> 0:29:24.000
<v Speaker 1>the happiest couples are the ones who kind of combine,

0:29:24.040 --> 0:29:27.240
<v Speaker 1>everything even if one person makes substantially more than the,

0:29:27.280 --> 0:29:27.920
<v Speaker 1>other just.

0:29:27.840 --> 0:29:30.400
<v Speaker 2>Come to terms with, that embrace, it find that you've

0:29:30.440 --> 0:29:34.360
<v Speaker 2>got different. Strengths it's just it's so it's so weird

0:29:34.400 --> 0:29:37.080
<v Speaker 2>to me that money is oftentimes such a focus here

0:29:37.120 --> 0:29:41.840
<v Speaker 2>because money is this very, fungible renewable. Resource, essentially you

0:29:41.840 --> 0:29:43.520
<v Speaker 2>can always like go out and get more moneybe not

0:29:43.560 --> 0:29:45.760
<v Speaker 2>as much money as you currently have if you're AN

0:29:46.040 --> 0:29:49.040
<v Speaker 2>ai overlord or something like, that but like as opposed

0:29:49.080 --> 0:29:52.520
<v Speaker 2>to not thinking about the amount of time and like

0:29:52.800 --> 0:29:55.120
<v Speaker 2>life energy that you're giving this, person which is not

0:29:55.240 --> 0:29:57.200
<v Speaker 2>something that you can ever get. Back and so if

0:29:57.280 --> 0:29:59.400
<v Speaker 2>you are going to trust, somebody LIKE i don't, know

0:29:59.440 --> 0:30:02.200
<v Speaker 2>it's My i'm old, SCHOOL i think you should probably

0:30:02.240 --> 0:30:05.160
<v Speaker 2>trust them with. Everything, yeah and certainly your finances are

0:30:05.160 --> 0:30:05.680
<v Speaker 2>a part of, that.

0:30:06.000 --> 0:30:08.560
<v Speaker 1>And your good fortune is their good, fortune and vice.

0:30:08.680 --> 0:30:12.800
<v Speaker 1>Versa so let's talk about medical, Bills. Matt it's widely.

0:30:12.840 --> 0:30:14.880
<v Speaker 1>Known everybody pretty much knows that the number one cause

0:30:14.880 --> 0:30:17.600
<v Speaker 1>of bankruptcy is medical. Bills they're roughly a factor in

0:30:18.000 --> 0:30:22.520
<v Speaker 1>two thirds of bankruptcy. Filings people have a significant amount

0:30:22.520 --> 0:30:25.800
<v Speaker 1>of medical debt that they feel like they can't pay

0:30:25.880 --> 0:30:28.320
<v Speaker 1>or they're just unable to. Pay a lot of folks

0:30:28.680 --> 0:30:32.400
<v Speaker 1>would think it would make sense, intuitively, right that having

0:30:32.440 --> 0:30:35.640
<v Speaker 1>insurance coverage would prevent that. Possibility, Hey i've got good

0:30:35.680 --> 0:30:40.040
<v Speaker 1>health insurance and so bankruptcy because of medical, bills that's

0:30:40.040 --> 0:30:42.200
<v Speaker 1>not going to happen to. Me, well that might not be.

0:30:42.240 --> 0:30:45.240
<v Speaker 1>True there's this new health affairs study and it finds

0:30:45.280 --> 0:30:49.600
<v Speaker 1>that medical emergencies lead to bankruptcy more, often even if

0:30:49.600 --> 0:30:52.240
<v Speaker 1>you're covered by a traditional health insurance, plan like even

0:30:52.240 --> 0:30:55.160
<v Speaker 1>if you have a solid policy through your work through your,

0:30:55.200 --> 0:30:59.400
<v Speaker 1>employer because the average deductible has gone up. Meaningfully so

0:30:59.840 --> 0:31:02.160
<v Speaker 1>if you're looking at let's say a bronze plan on

0:31:02.200 --> 0:31:06.080
<v Speaker 1>the healthcare exchange on healthcare dot, gov the average deductible

0:31:06.280 --> 0:31:08.560
<v Speaker 1>is like seven thousand dollars if you have one of those,

0:31:08.600 --> 0:31:12.400
<v Speaker 1>plans not to, mention the premiums are already pretty rough

0:31:12.400 --> 0:31:13.640
<v Speaker 1>for those. Two so you're working over a lot of

0:31:13.680 --> 0:31:16.120
<v Speaker 1>money every, month and then, hey that unexpected medical bill,

0:31:16.160 --> 0:31:21.960
<v Speaker 1>comes and even after like it's corrected via, insurance it

0:31:22.040 --> 0:31:26.240
<v Speaker 1>still might be unsurmountable for. You an unexpected medical event

0:31:26.280 --> 0:31:30.120
<v Speaker 1>could mean thousands of dollars in just unexpected costs that

0:31:30.200 --> 0:31:32.080
<v Speaker 1>hit you even when you have. Insurance and so we

0:31:32.920 --> 0:31:36.400
<v Speaker 1>talk about. This the system. Sucks it's really it's a

0:31:36.440 --> 0:31:40.600
<v Speaker 1>really difficult system to. Navigate but the stress here is

0:31:40.600 --> 0:31:42.720
<v Speaker 1>that you need to have savings on hand to cover your.

0:31:42.760 --> 0:31:45.920
<v Speaker 1>Deductible and if you increase your deductible to save more

0:31:45.960 --> 0:31:49.040
<v Speaker 1>on a monthly, premium that can save money in the long,

0:31:49.120 --> 0:31:52.280
<v Speaker 1>run but it increases your need to have savings on. Hand.

0:31:52.480 --> 0:31:54.480
<v Speaker 1>Now so this study just made me, think, oh even

0:31:54.520 --> 0:31:57.360
<v Speaker 1>if you have great, insurance make sure that your emergency,

0:31:57.400 --> 0:32:01.680
<v Speaker 1>fund that your savings include on top of whatever you

0:32:01.720 --> 0:32:06.040
<v Speaker 1>need for potential, emergencies the money to cover a deductible

0:32:06.040 --> 0:32:08.440
<v Speaker 1>that's like one of those emergencies that can come, along.

0:32:08.280 --> 0:32:10.400
<v Speaker 2>The very likely to come. Along. Yeah, Yeah and to

0:32:10.400 --> 0:32:13.040
<v Speaker 2>put a point on, it the broken system isn't the

0:32:13.080 --> 0:32:15.240
<v Speaker 2>fact that you have to have money on hand in

0:32:15.320 --> 0:32:17.400
<v Speaker 2>order to pay your. Deductible and that's just that's those

0:32:17.400 --> 0:32:19.080
<v Speaker 2>are the rules that you signed up. For you just

0:32:19.160 --> 0:32:22.680
<v Speaker 2>need to make sure that you are adjusting your finances

0:32:22.800 --> 0:32:26.040
<v Speaker 2>to accommodate for this new plan that you're. On but

0:32:26.120 --> 0:32:30.080
<v Speaker 2>one of the solutions might be for if you're facing

0:32:30.600 --> 0:32:33.520
<v Speaker 2>let's say a medical procedure is to move abroad for,

0:32:33.640 --> 0:32:36.800
<v Speaker 2>cheap cheaper health. Care it's not as ridiculous as it might.

0:32:36.880 --> 0:32:39.240
<v Speaker 2>Sound depending on your health care, NEEDS i think it's

0:32:39.280 --> 0:32:42.200
<v Speaker 2>at least worth considering a trip to have that procedure.

0:32:42.200 --> 0:32:45.360
<v Speaker 2>Done maybe you don't necessarily need to move. Abroad so

0:32:45.400 --> 0:32:49.680
<v Speaker 2>there is a in the article there profiling a woman

0:32:49.720 --> 0:32:51.400
<v Speaker 2>who was PAYING i forget how. Much it is like

0:32:51.440 --> 0:32:53.640
<v Speaker 2>something like thirty thousand dollars is what it was going

0:32:53.720 --> 0:32:56.520
<v Speaker 2>to cost her, annually and so she moved To france

0:32:56.680 --> 0:32:59.680
<v Speaker 2>and it costs twelve times. Less that's something that you

0:32:59.720 --> 0:33:03.720
<v Speaker 2>probably move, forward right like that significantly changes your your

0:33:03.760 --> 0:33:06.720
<v Speaker 2>lifestyle plus but, yeah the bag atts, man that sounds

0:33:06.760 --> 0:33:08.960
<v Speaker 2>like another reason to. Move why? Not it's. Funny, yeah

0:33:09.040 --> 0:33:11.400
<v Speaker 2>we're talking with the kids literally about back, edges bagets and. Wine.

0:33:11.440 --> 0:33:15.680
<v Speaker 2>Baby medical tourism is understandably on the, rise but largely

0:33:15.680 --> 0:33:17.800
<v Speaker 2>out of. Necessity so we've got great health care here

0:33:17.800 --> 0:33:20.440
<v Speaker 2>in our, country but far too many procedures are just

0:33:20.560 --> 0:33:23.000
<v Speaker 2>really expensive for a whole lot of. Folks, yeah if

0:33:23.040 --> 0:33:26.160
<v Speaker 2>you can save fifty to seventy percent on a knee,

0:33:26.160 --> 0:33:29.480
<v Speaker 2>replacement why would you not consider going abroad for? That

0:33:29.680 --> 0:33:32.880
<v Speaker 2>or sixty to eighty percent on dental work by going To.

0:33:32.960 --> 0:33:35.880
<v Speaker 2>Mexico these are real. Numbers maybe don't go To mexico right?

0:33:35.920 --> 0:33:39.400
<v Speaker 2>Now oh, yeah, yeah avoid Where porto v our, Yeah

0:33:39.480 --> 0:33:42.200
<v Speaker 2>parto where, yeah where the terrorism. Is but just doing

0:33:42.320 --> 0:33:44.920
<v Speaker 2>research ahead of, time knowing the trade, offs know what

0:33:44.960 --> 0:33:46.960
<v Speaker 2>your total out of pocket costs are going to. Be

0:33:47.000 --> 0:33:48.840
<v Speaker 2>that is going to be incredibly important in order for

0:33:48.880 --> 0:33:53.040
<v Speaker 2>you to make this a financial. Winner one of my good, Friends,

0:33:53.240 --> 0:33:56.800
<v Speaker 2>matt he has a really rare heart condition and so

0:33:56.800 --> 0:33:59.840
<v Speaker 2>he's got to get this. Surgery and fortunately it doesn't

0:33:59.840 --> 0:34:02.360
<v Speaker 2>have to happen right now right, now but he's planning

0:34:02.360 --> 0:34:04.760
<v Speaker 2>on doing it this. Summer and as he looked in

0:34:04.840 --> 0:34:06.680
<v Speaker 2>and he was getting quotes on what it would cost,

0:34:06.680 --> 0:34:10.000
<v Speaker 2>here even with, insurance how much it was going to

0:34:10.040 --> 0:34:11.880
<v Speaker 2>set him back here to get the procedure done in

0:34:11.880 --> 0:34:15.799
<v Speaker 2>The United, states it was very, costly so much, money very,

0:34:15.840 --> 0:34:20.239
<v Speaker 2>Costly and he did his. Research he found there was

0:34:20.440 --> 0:34:24.800
<v Speaker 2>there's a doctor In england that performs actually a better

0:34:24.880 --> 0:34:27.359
<v Speaker 2>surgery that's less, invasive that you recover more quickly. From

0:34:27.400 --> 0:34:29.319
<v Speaker 2>it's going to cost him less. Money so he gets

0:34:29.320 --> 0:34:31.840
<v Speaker 2>a little little trip out of this with his family

0:34:32.360 --> 0:34:34.640
<v Speaker 2>and it's going to the recovery time is not going

0:34:34.680 --> 0:34:36.000
<v Speaker 2>to be nearly as bad as not going to. Be

0:34:36.080 --> 0:34:38.200
<v Speaker 2>to deal with what the savings, Was i'm assuming this

0:34:38.280 --> 0:34:40.080
<v Speaker 2>is like a closest six figure kind of.

0:34:40.160 --> 0:34:43.560
<v Speaker 1>SURGERY i think it's something close to. There i'm sure

0:34:43.560 --> 0:34:45.040
<v Speaker 1>with insurance it would have cost him a whole lot

0:34:45.080 --> 0:34:49.040
<v Speaker 1>less than, that but even still going overseas WAS i

0:34:49.040 --> 0:34:51.360
<v Speaker 1>think the price was probably, similar but he was, like,

0:34:51.360 --> 0:34:52.840
<v Speaker 1>oh this is, superior And i'm going to get a

0:34:52.840 --> 0:34:53.200
<v Speaker 1>trip out of.

0:34:53.200 --> 0:34:55.359
<v Speaker 2>It let's. Go so it.

0:34:55.400 --> 0:34:57.920
<v Speaker 1>Is it's one of those THINGS i, think when you

0:34:57.960 --> 0:35:01.239
<v Speaker 1>look at what's happened with medical costs in our, country

0:35:01.440 --> 0:35:05.640
<v Speaker 1>it's less ridiculous than ever before to think about traveling

0:35:05.680 --> 0:35:07.920
<v Speaker 1>to get your medical work, done depending on what it.

0:35:07.960 --> 0:35:10.120
<v Speaker 2>Is, sure, yeah, Okay so a less extreme way to

0:35:10.160 --> 0:35:13.520
<v Speaker 2>save money grocery shopping in a way that is more.

0:35:13.560 --> 0:35:18.640
<v Speaker 2>STRATEGIC a Recent kiplinger article recommends not just creating a

0:35:18.760 --> 0:35:21.680
<v Speaker 2>list and sticking to, it but seeing what you already

0:35:21.719 --> 0:35:24.279
<v Speaker 2>have on, hand planning out your meals around what's in your,

0:35:24.280 --> 0:35:26.640
<v Speaker 2>fridge what's in your. Pantry how that's going to be

0:35:26.640 --> 0:35:28.759
<v Speaker 2>a recipe for saving, more which sounds like good old

0:35:28.800 --> 0:35:32.600
<v Speaker 2>fashioned meal. Planing. JOEL i wonder if like some people

0:35:32.600 --> 0:35:34.520
<v Speaker 2>playing the meal but they just and then they go

0:35:34.560 --> 0:35:36.680
<v Speaker 2>buy everything they, need but they're not thinking about what

0:35:36.719 --> 0:35:38.600
<v Speaker 2>they already. Have, no you got to start with what

0:35:38.680 --> 0:35:39.920
<v Speaker 2>you got out of. Home you got you have to

0:35:39.960 --> 0:35:42.520
<v Speaker 2>take stock. Man and this is something THAT i am

0:35:42.520 --> 0:35:44.600
<v Speaker 2>proud to say that we've been doing a good bit

0:35:44.600 --> 0:35:48.040
<v Speaker 2>more of. Lately in, particular we've got a whole lot

0:35:48.040 --> 0:35:50.480
<v Speaker 2>of grant like. These kate will go to The International

0:35:50.520 --> 0:35:53.120
<v Speaker 2>Farmer's market and buy some of these exotic grains and

0:35:54.600 --> 0:35:57.080
<v Speaker 2>and it's really. Cool they're really, pretty they've got cool,

0:35:57.160 --> 0:36:00.000
<v Speaker 2>names really high nutrition value in some of these. Things

0:36:00.120 --> 0:36:02.560
<v Speaker 2>BECAUSE i don't know, WHY i don't know the colors or.

0:36:02.600 --> 0:36:06.520
<v Speaker 2>Something but it takes a little bit more. Work i'm

0:36:06.520 --> 0:36:11.560
<v Speaker 2>not gonna pretend that it's just as easy to hit, default, Right,

0:36:11.560 --> 0:36:13.160
<v Speaker 2>like there are certain meals that we know how to

0:36:13.160 --> 0:36:14.960
<v Speaker 2>cook when we go to the grocery, store we buy those.

0:36:15.000 --> 0:36:17.759
<v Speaker 2>Things we come, home and if it takes a little

0:36:17.800 --> 0:36:20.200
<v Speaker 2>more creativity to cook the things that you already have

0:36:20.239 --> 0:36:22.000
<v Speaker 2>at home and to use certain items in a different.

0:36:22.040 --> 0:36:24.279
<v Speaker 2>Way and so when it comes to like the like

0:36:24.560 --> 0:36:27.160
<v Speaker 2>it's like you ride doll or something like it's like,

0:36:27.200 --> 0:36:29.000
<v Speaker 2>THIS i don't even, know it's like some kind of

0:36:29.000 --> 0:36:32.160
<v Speaker 2>beans like this. Earthy, okay maybe it's grain or. SOMETHING

0:36:32.200 --> 0:36:35.440
<v Speaker 2>i don't. Know but we had some amazing stuffs an

0:36:35.440 --> 0:36:38.879
<v Speaker 2>amazing curry earlier this. Week and it feels so good

0:36:39.120 --> 0:36:41.440
<v Speaker 2>to utilize what you already have on. Hand it feels

0:36:41.440 --> 0:36:44.560
<v Speaker 2>so good to not be wasteful and to feel like

0:36:44.719 --> 0:36:48.640
<v Speaker 2>you are, adventurous exotic eater who's eating food from all

0:36:48.640 --> 0:36:50.800
<v Speaker 2>over the. World so at the same, time, yeah AND

0:36:51.200 --> 0:36:51.600
<v Speaker 2>i love this.

0:36:51.680 --> 0:36:54.120
<v Speaker 1>Idea just you can implement it. Whenever just, hey look

0:36:54.160 --> 0:36:56.200
<v Speaker 1>and see what you have in your, pantry your, freezer and,

0:36:56.320 --> 0:36:58.600
<v Speaker 1>say how can we get rid of a bunch of

0:36:58.640 --> 0:37:00.400
<v Speaker 1>this stuff by making meals with the we have on

0:37:00.480 --> 0:37:02.520
<v Speaker 1>hand over the next, week week and a, Half and in,

0:37:02.520 --> 0:37:04.759
<v Speaker 1>PARTICULAR i think the best time to do that is

0:37:04.840 --> 0:37:05.560
<v Speaker 1>before you go on a.

0:37:05.560 --> 0:37:07.840
<v Speaker 2>TRIP i, well, DUDE i love. That it's such the

0:37:07.880 --> 0:37:09.719
<v Speaker 2>week before were such a great game to.

0:37:09.719 --> 0:37:12.080
<v Speaker 1>Play it's, like no grocery run unless we need like

0:37:12.200 --> 0:37:15.880
<v Speaker 1>bananas or milk and, eggs yeap, milk eggs and, bananas

0:37:15.880 --> 0:37:17.359
<v Speaker 1>like those are the three THINGS i WILL i will

0:37:17.360 --> 0:37:20.319
<v Speaker 1>make an exception. For other than, that it's, like, no

0:37:20.360 --> 0:37:22.120
<v Speaker 1>we're just eating what we have on. Hand and then

0:37:22.320 --> 0:37:24.640
<v Speaker 1>you come back and you make the grocery store, order

0:37:24.800 --> 0:37:27.680
<v Speaker 1>then you go to the grocery run when when you.

0:37:27.760 --> 0:37:29.799
<v Speaker 1>Return that's the best way to go about. It so

0:37:30.040 --> 0:37:31.920
<v Speaker 1>if you got a trip coming, up this is a

0:37:31.960 --> 0:37:35.680
<v Speaker 1>perfect time to reduce your pantry stock and eat what's

0:37:35.680 --> 0:37:39.560
<v Speaker 1>in your, freezer because, yeah it just feels so. Good

0:37:39.600 --> 0:37:41.560
<v Speaker 1>it feels so good to come home and then. Replenish

0:37:41.640 --> 0:37:43.319
<v Speaker 1>if you got steaks in your, freezer it's not nearly as.

0:37:43.320 --> 0:37:45.520
<v Speaker 1>Painful i've Got i've got a still have some steaks on.

0:37:45.560 --> 0:37:48.359
<v Speaker 2>Hand, yeah BECAUSE i took advantage of the seventy five

0:37:48.360 --> 0:37:50.920
<v Speaker 2>dollars off per the giant side Of ribby and cut

0:37:50.920 --> 0:37:52.839
<v Speaker 2>my Own oh, yeah cut my own Rib, buys which

0:37:52.920 --> 0:37:53.360
<v Speaker 2>was the.

0:37:53.440 --> 0:37:55.480
<v Speaker 1>Ultimate, well let's say this, Means, matt that you are

0:37:55.560 --> 0:37:58.239
<v Speaker 1>essentially independently, wealthy because have you seen what's happening with stake?

0:37:58.239 --> 0:38:01.160
<v Speaker 1>Prices they have gone up seventeen percent year over. Year,

0:38:01.200 --> 0:38:04.640
<v Speaker 1>man well it's. Insane ground beef prices on the rise as,

0:38:04.680 --> 0:38:07.920
<v Speaker 1>well and it, just, yeah depends on what you are.

0:38:07.920 --> 0:38:10.279
<v Speaker 1>PRIORITIZING i will, say, like we don't eat steake a,

0:38:10.280 --> 0:38:13.600
<v Speaker 1>ton BUT i feel like IT'S i, mean we got

0:38:13.640 --> 0:38:15.560
<v Speaker 1>the biggest slab because it was on, sale but typically

0:38:15.560 --> 0:38:17.719
<v Speaker 1>we'll eat stake a couple of, times a couple times a.

0:38:17.760 --> 0:38:21.000
<v Speaker 1>Month and last TIME i did go to the To

0:38:21.120 --> 0:38:23.760
<v Speaker 1>costco looking for a nice, SALE i didn't see. Anything

0:38:24.080 --> 0:38:26.919
<v Speaker 1>and so EVEN i think the ability to downgrade quote

0:38:26.960 --> 0:38:30.800
<v Speaker 1>unquote downgrade and get like The costco organic ground. Beef

0:38:31.080 --> 0:38:33.080
<v Speaker 1>you know it's got the three. Pack, yeah that's really good.

0:38:33.080 --> 0:38:36.239
<v Speaker 2>Stuff. Man the ability, like but it's still. Expensive it's still,

0:38:36.280 --> 0:38:39.239
<v Speaker 2>expensive but it's not as. Expensive so figure out for.

0:38:39.440 --> 0:38:41.680
<v Speaker 2>Us that was our, treat, right the ability to grill

0:38:41.719 --> 0:38:44.520
<v Speaker 2>Some burger's last. Weekend the weather was a little bit.

0:38:44.600 --> 0:38:47.600
<v Speaker 2>Nicer it was, fantastic, Man but finding out what the

0:38:47.719 --> 0:38:49.759
<v Speaker 2>more affordable option is going to be for, you and

0:38:49.760 --> 0:38:52.600
<v Speaker 2>how aggressively you're trying to attack your grocery.

0:38:52.600 --> 0:38:55.800
<v Speaker 1>Budget what's interesting to me, though is how as prices

0:38:55.840 --> 0:38:59.120
<v Speaker 1>have kind of stayed, inflated have like continued to creep

0:38:59.200 --> 0:39:02.680
<v Speaker 1>up on on ground ground beef and steak and red

0:39:02.680 --> 0:39:06.680
<v Speaker 1>meat in, general consumers haven't really changed their, Ways like

0:39:06.719 --> 0:39:09.600
<v Speaker 1>it seems like there. Hasn't they, haven't, Bunch they're, like all,

0:39:09.680 --> 0:39:13.319
<v Speaker 1>Right i'm just gonna continue paying. This AND i don't

0:39:13.320 --> 0:39:15.600
<v Speaker 1>know if it's because they're adjusting their budget, Accordingly, matt

0:39:15.600 --> 0:39:18.560
<v Speaker 1>and they're they're spending less in other. Areas but something's

0:39:18.600 --> 0:39:21.200
<v Speaker 1>telling me that's probably not the case that they're just

0:39:21.239 --> 0:39:23.560
<v Speaker 1>like sticking it on the credit, card, right and so

0:39:23.719 --> 0:39:25.520
<v Speaker 1>that is that's what you want to, Avoid like if

0:39:25.520 --> 0:39:28.640
<v Speaker 1>you're just used to buying steak and you're, like, oh

0:39:28.640 --> 0:39:31.160
<v Speaker 1>the price keeps going, Up i'm gonna keep buying. It that's, okay,

0:39:31.360 --> 0:39:34.080
<v Speaker 1>right it to keep buying. It but just make sure

0:39:34.120 --> 0:39:37.080
<v Speaker 1>you actually have the money and you can afford afford,

0:39:37.120 --> 0:39:40.200
<v Speaker 1>it because, yeah when you're talking about eighteen twenty bucks

0:39:40.800 --> 0:39:45.040
<v Speaker 1>a pound for like a, nice a decent, ribbi a Decent, Rabbi,

0:39:45.120 --> 0:39:46.680
<v Speaker 1>matt that isn't even like a fancy. One just that's

0:39:46.800 --> 0:39:48.680
<v Speaker 1>like a decent rabby these, days which is. INSANE i

0:39:48.719 --> 0:39:51.319
<v Speaker 1>think it costs for choice these. Days, yeah just make

0:39:51.360 --> 0:39:52.000
<v Speaker 1>sure you're not doing it.

0:39:52.000 --> 0:39:55.359
<v Speaker 2>Mindlessly, yeah and don't don't sleep on. FISH i saw that.

0:39:56.400 --> 0:39:59.640
<v Speaker 2>Salmon there's been a dip in salmon prices because there's

0:39:59.680 --> 0:40:03.319
<v Speaker 2>been a a glut In norwegian's salmon coming From. Norway. Good,

0:40:03.560 --> 0:40:05.279
<v Speaker 2>Yeah i'll love me some, Salmon so go get you

0:40:05.320 --> 0:40:07.200
<v Speaker 2>some of that and there you. Go it's also quite

0:40:07.239 --> 0:40:08.200
<v Speaker 2>healthy for. You All.

0:40:08.280 --> 0:40:10.000
<v Speaker 1>Right that's gonna do it for this. Episode we'll put

0:40:10.040 --> 0:40:12.200
<v Speaker 1>links in the show notes to some of the stuff

0:40:12.239 --> 0:40:15.040
<v Speaker 1>we mentioned on the show, Today and as, always you

0:40:15.040 --> 0:40:18.080
<v Speaker 1>can find more money saving help and information at how

0:40:18.080 --> 0:40:20.160
<v Speaker 1>to money dot com and and the how To Money facebook.

0:40:20.200 --> 0:40:22.239
<v Speaker 2>Group yeah, boy that's gonna be, It so until next,

0:40:22.239 --> 0:40:24.919
<v Speaker 2>time best friends, out best friends, out