1 00:00:00,080 --> 00:00:02,520 Speaker 1: Welcome to How the Money. I'm Joel and I and 2 00:00:02,640 --> 00:00:05,080 Speaker 1: Matt and today we're discussing what to do if you've 3 00:00:05,120 --> 00:00:28,240 Speaker 1: lost health coverage and tipping extra Joel, it's a Friday 4 00:00:28,240 --> 00:00:31,280 Speaker 1: flight episode, which means we are covering those two topics 5 00:00:31,280 --> 00:00:34,360 Speaker 1: that you mentioned, plus a ton of others. Real quick, though, 6 00:00:34,360 --> 00:00:36,559 Speaker 1: I wanted to mention you and I we received a 7 00:00:36,640 --> 00:00:40,000 Speaker 1: Netflix recommendation. You know, back when we interviewed Lynette Califunny 8 00:00:40,080 --> 00:00:44,800 Speaker 1: Cox that was episode to seventeen. We briefly discussed Madam C. J. 9 00:00:44,920 --> 00:00:47,440 Speaker 1: Walker and how she was one of America's first black 10 00:00:47,600 --> 00:00:51,080 Speaker 1: female millionaires. Well a listener, he reached out and recommended 11 00:00:51,280 --> 00:00:53,680 Speaker 1: that Netflix they have a series that tells her story. 12 00:00:53,760 --> 00:00:56,800 Speaker 1: It's called Self Made, and that we should check it out. 13 00:00:56,840 --> 00:00:58,440 Speaker 1: So have have you seen that? No? I haven't, but 14 00:00:58,440 --> 00:01:01,040 Speaker 1: I'll put that on my Netflix. You. Yeah, last week 15 00:01:01,040 --> 00:01:03,360 Speaker 1: you mentioned that you guys jumped back on that Netflix train, 16 00:01:03,440 --> 00:01:05,640 Speaker 1: so you can actually watch that. Can actually watch something 17 00:01:05,640 --> 00:01:08,000 Speaker 1: on Netflix. Now see some of that Octavia Spencer. Uh, 18 00:01:08,120 --> 00:01:11,080 Speaker 1: that's who's in it? Which you saw The Help? Right? No? Never, 19 00:01:11,280 --> 00:01:13,560 Speaker 1: I never saw The Help. No, man, I did finally 20 00:01:13,560 --> 00:01:14,960 Speaker 1: see such a good movie. You need to go back 21 00:01:15,000 --> 00:01:18,240 Speaker 1: and see that before you watch this series. I think, Okay, 22 00:01:18,280 --> 00:01:20,800 Speaker 1: it's good. I just finally watched El Camino, the Breaking 23 00:01:20,800 --> 00:01:22,280 Speaker 1: Bad movie that I think came out like a year 24 00:01:22,319 --> 00:01:25,480 Speaker 1: ago that that kind of talked about Jesse Pinkman and 25 00:01:25,880 --> 00:01:28,319 Speaker 1: his escape from I don't know if I want to 26 00:01:28,319 --> 00:01:30,560 Speaker 1: give it away if anybody has the but like, seriously, 27 00:01:30,560 --> 00:01:31,920 Speaker 1: how can tell me because I'm not gonna watch. I 28 00:01:31,959 --> 00:01:33,959 Speaker 1: think I'm the last person that saw it, and especially 29 00:01:33,959 --> 00:01:35,320 Speaker 1: as a huge Breaking Bad fan, I don't know what 30 00:01:35,360 --> 00:01:37,600 Speaker 1: took me so long? Too long? So yeah, we would 31 00:01:37,600 --> 00:01:40,360 Speaker 1: recommend for folks who are looking to learn some history 32 00:01:40,400 --> 00:01:44,160 Speaker 1: there about America's first black female millionaire to go watch 33 00:01:44,280 --> 00:01:46,440 Speaker 1: Self Made. Sounds pretty cool, Yeah for sure. Alright, let's 34 00:01:46,480 --> 00:01:48,480 Speaker 1: get to our Friday Flight Matt sampling of stories that 35 00:01:48,520 --> 00:01:51,280 Speaker 1: we found interesting this week. First one, let's talk about 36 00:01:51,320 --> 00:01:55,520 Speaker 1: theme parks and Disney World is reopening, so like, yeah, 37 00:01:55,560 --> 00:01:58,520 Speaker 1: would you are they Well, well, they I think they 38 00:01:58,640 --> 00:02:00,880 Speaker 1: reached like, well, we'll reopen and then will close again 39 00:02:00,920 --> 00:02:04,360 Speaker 1: in two weeks. Yeah, exactly, crazy, I see that happening. 40 00:02:04,840 --> 00:02:07,640 Speaker 1: Probably an announcement any day now. But yeah, what's your take? 41 00:02:07,680 --> 00:02:09,920 Speaker 1: Would you go to a theme park? Right now. Uh no, 42 00:02:11,040 --> 00:02:13,680 Speaker 1: that's always by my my comment, there is not gonna go. 43 00:02:14,040 --> 00:02:16,560 Speaker 1: That's something I mentioned that Kate actually recently is I 44 00:02:16,639 --> 00:02:19,160 Speaker 1: was kind of bummed that that we can't go to 45 00:02:19,200 --> 00:02:22,120 Speaker 1: six Flags, because that's something V's kind of at the 46 00:02:22,160 --> 00:02:24,080 Speaker 1: age now to where we would go on some rides 47 00:02:24,120 --> 00:02:26,040 Speaker 1: like that. And in my mind, I pictured the two 48 00:02:26,080 --> 00:02:27,880 Speaker 1: of us, you know, like a little daddy daughter day 49 00:02:27,880 --> 00:02:30,160 Speaker 1: going to six Flags for the day, only riding the 50 00:02:30,280 --> 00:02:32,880 Speaker 1: rides that she's not scared of. Obviously, probably very few 51 00:02:32,960 --> 00:02:35,600 Speaker 1: roller coasters at this point, since she's also very short, 52 00:02:36,240 --> 00:02:38,519 Speaker 1: so she wouldn't be able to get on any of those. 53 00:02:38,960 --> 00:02:40,480 Speaker 1: But then Kate just asked me, She's like, well, even 54 00:02:40,520 --> 00:02:41,919 Speaker 1: if it was open, do you think you would actually go? 55 00:02:42,000 --> 00:02:44,160 Speaker 1: And I was like, well, probably not. I don't know 56 00:02:44,200 --> 00:02:46,200 Speaker 1: if we're at that point yet now right now, but yeah, 57 00:02:46,280 --> 00:02:49,280 Speaker 1: especially considering how crowded and how many folks there can 58 00:02:49,360 --> 00:02:51,239 Speaker 1: be at some of those theme parks. I know, being 59 00:02:51,280 --> 00:02:54,600 Speaker 1: outdoors it lessens the risk of you getting sick, but 60 00:02:54,760 --> 00:02:57,480 Speaker 1: still just being around that many people these days, it's 61 00:02:57,520 --> 00:03:00,160 Speaker 1: not something that I am necessarily going to choose to 62 00:03:00,200 --> 00:03:02,960 Speaker 1: do myself. And how risky is screaming on a roller 63 00:03:02,960 --> 00:03:06,639 Speaker 1: coaster because in Japan they've outlawed it, right, Yeah, exactly. 64 00:03:06,639 --> 00:03:09,639 Speaker 1: I saw one park said like the recommendation was to 65 00:03:09,680 --> 00:03:14,080 Speaker 1: scream inside your heart, which is like the most ridiculous headline. 66 00:03:14,080 --> 00:03:17,040 Speaker 1: And I saw a friend posted on social media that 67 00:03:17,040 --> 00:03:20,640 Speaker 1: that's just a perfect theme, perfect motto for to scream 68 00:03:20,639 --> 00:03:22,639 Speaker 1: inside your heart. We're all doing that at least to 69 00:03:22,680 --> 00:03:25,000 Speaker 1: some extent, right, Yeah, seriously, what about you, man? I 70 00:03:25,040 --> 00:03:28,160 Speaker 1: know y'all hit up Disney World just weeks before uh 71 00:03:28,200 --> 00:03:31,160 Speaker 1: everything shut down back in March. No, is like early 72 00:03:31,200 --> 00:03:34,240 Speaker 1: mid February, even earlier. Yeah, I think early March we 73 00:03:34,240 --> 00:03:36,040 Speaker 1: would probably not have gone. We would have known enough 74 00:03:36,080 --> 00:03:37,720 Speaker 1: at that point, but but we didn't know enough in 75 00:03:38,040 --> 00:03:40,280 Speaker 1: crazy in mid February. And yeah, I definitely wouldn't go 76 00:03:40,320 --> 00:03:42,160 Speaker 1: back now, that's for sure. Yeah, it's just too hard 77 00:03:42,200 --> 00:03:43,880 Speaker 1: to take all the precautions you need to be able 78 00:03:43,880 --> 00:03:47,160 Speaker 1: to take in a crowded environment like that, Matt. Speaking 79 00:03:47,160 --> 00:03:49,240 Speaker 1: of which, more and more companies are are starting to 80 00:03:49,280 --> 00:03:52,320 Speaker 1: require masks be worn in the stores in the absence 81 00:03:52,360 --> 00:03:54,920 Speaker 1: of any sort of you know, federal guideline too, to 82 00:03:55,080 --> 00:03:57,960 Speaker 1: wear masks outside and whenever you go into a store. 83 00:03:58,160 --> 00:04:00,160 Speaker 1: A lot of companies are taking it upon themselves kind 84 00:04:00,160 --> 00:04:04,120 Speaker 1: of create these guidelines. Starbucks, i think, just started requiring 85 00:04:04,120 --> 00:04:07,600 Speaker 1: customers to wear masks yesterday, and then uh, Walmart is 86 00:04:07,600 --> 00:04:09,720 Speaker 1: going to start requiring them on July twenty for all 87 00:04:09,720 --> 00:04:12,000 Speaker 1: customers who go into Walmart stores. It's good to see 88 00:04:12,000 --> 00:04:14,200 Speaker 1: at least somebody taking the masks seriously, because we should 89 00:04:14,200 --> 00:04:15,960 Speaker 1: all be wearing masks. And Yeah, I'm disheartened by the 90 00:04:16,000 --> 00:04:18,919 Speaker 1: stories that I'm reading and seeing about people who just 91 00:04:18,920 --> 00:04:21,840 Speaker 1: don't take that seriously right now, because that's basically the 92 00:04:21,880 --> 00:04:23,880 Speaker 1: only thing we can do to ensure our safety and 93 00:04:23,880 --> 00:04:26,000 Speaker 1: the safety of others. It's the easiest and only thing 94 00:04:26,279 --> 00:04:29,200 Speaker 1: that I know of, besides social distancing, that consistently we 95 00:04:29,240 --> 00:04:31,799 Speaker 1: can do that will slow this part of the virus 96 00:04:31,800 --> 00:04:34,440 Speaker 1: in a major way. Yeah, man, I totally agree. Another 97 00:04:34,520 --> 00:04:36,800 Speaker 1: quick story we came across that we found interesting. We 98 00:04:36,800 --> 00:04:42,240 Speaker 1: saw that Coke they are introducing contactless soda dispensers. This 99 00:04:42,320 --> 00:04:44,360 Speaker 1: is a pretty cool new thing that was tested out 100 00:04:44,360 --> 00:04:47,160 Speaker 1: here in Atlanta. But soon you'll be able to control 101 00:04:47,200 --> 00:04:50,360 Speaker 1: Coca Cola freestyle machines using your phone. You're gonna say 102 00:04:50,360 --> 00:04:51,840 Speaker 1: with your mind that would be even cooler. That would 103 00:04:51,839 --> 00:04:53,600 Speaker 1: be cooler. No, no, you need your phone and then 104 00:04:53,600 --> 00:04:56,200 Speaker 1: those codes, the QR codes. Honestly, may this sounded a 105 00:04:56,200 --> 00:04:59,159 Speaker 1: little gimmicky like clunky at first, but then I saw 106 00:04:59,360 --> 00:05:01,680 Speaker 1: that you don't have to create an accounts or even 107 00:05:01,720 --> 00:05:04,120 Speaker 1: download an app to use it, So, you know, because 108 00:05:04,160 --> 00:05:06,360 Speaker 1: of that, I would, you know, totally give it a shot. Yeah, 109 00:05:06,440 --> 00:05:09,120 Speaker 1: we're gonna see more and more companies creating, you know, 110 00:05:09,200 --> 00:05:13,240 Speaker 1: contactless forms of everything. There's even I think I saw 111 00:05:13,400 --> 00:05:17,600 Speaker 1: a story about a robot that flips Hamburgers. So instead 112 00:05:17,600 --> 00:05:19,720 Speaker 1: of having someone you know cook your burgers for you 113 00:05:19,760 --> 00:05:21,600 Speaker 1: in the back, you know, maybe a robot is going 114 00:05:21,640 --> 00:05:23,520 Speaker 1: to do it at some point. And yeah, I think 115 00:05:23,560 --> 00:05:26,279 Speaker 1: COVID is going to kind of accelerate some of these changes, 116 00:05:26,600 --> 00:05:30,160 Speaker 1: in particular when it comes to anything contactless, touchless that 117 00:05:30,160 --> 00:05:33,000 Speaker 1: that makes us feel safer about our interactions with the 118 00:05:33,000 --> 00:05:35,760 Speaker 1: world around us. Matt, Let's talk about tipping real quick, 119 00:05:35,800 --> 00:05:38,440 Speaker 1: because because any COVID has changed at least a lot 120 00:05:38,440 --> 00:05:40,360 Speaker 1: of people's thoughts on how much we should be tipping 121 00:05:40,480 --> 00:05:43,040 Speaker 1: when we are eating out, when we're ordering some take out, 122 00:05:43,279 --> 00:05:44,839 Speaker 1: and so, Matt, there was an article the other day 123 00:05:44,880 --> 00:05:46,440 Speaker 1: saying that if you're eating out at a restaurant, that 124 00:05:46,440 --> 00:05:50,279 Speaker 1: you should be tipping at least fifty Essentially, the argument 125 00:05:50,320 --> 00:05:52,839 Speaker 1: was the restaurant workers are being forced to work as 126 00:05:53,000 --> 00:05:55,080 Speaker 1: some spots of reopen that they don't have this choice. 127 00:05:55,400 --> 00:05:57,080 Speaker 1: So so in your opinion, is it is it more 128 00:05:57,120 --> 00:06:00,360 Speaker 1: frugal or cheap if you're unwilling to tip fift percent? 129 00:06:00,360 --> 00:06:02,400 Speaker 1: And should we be considering tipping more? Man, I'm not 130 00:06:02,440 --> 00:06:04,200 Speaker 1: sure how bold of a statement I'm willing to make, 131 00:06:04,240 --> 00:06:05,640 Speaker 1: but I'm just gonna say that I don't think anyone 132 00:06:05,680 --> 00:06:09,839 Speaker 1: should consider themselves cheap for not tipping. I agree with 133 00:06:09,839 --> 00:06:12,880 Speaker 1: you on that. Yeah, I think is you know, it's 134 00:06:12,880 --> 00:06:15,800 Speaker 1: a lot to require of people to tip that much, um, 135 00:06:15,839 --> 00:06:19,599 Speaker 1: but I do think that there is room for an 136 00:06:19,600 --> 00:06:23,279 Speaker 1: increased tip amount these days, basically as a nod to 137 00:06:23,520 --> 00:06:26,560 Speaker 1: the fact that restaurant workers are one they're in a 138 00:06:26,640 --> 00:06:29,000 Speaker 1: much harder financial place right now and to their job 139 00:06:29,040 --> 00:06:31,599 Speaker 1: just became a lot more dangerous, like overnight. Right So 140 00:06:31,640 --> 00:06:33,320 Speaker 1: if I'm picking up food to go right now, I'm 141 00:06:33,440 --> 00:06:36,200 Speaker 1: hyper cognizant of the risk that these people are taking 142 00:06:36,360 --> 00:06:38,800 Speaker 1: and because they're in all likelihood enduring more of a 143 00:06:38,800 --> 00:06:41,080 Speaker 1: financial hardship too. I'm more than happy to increase them 144 00:06:41,080 --> 00:06:43,200 Speaker 1: how I'm tipping, but I can't say I've gotten the 145 00:06:43,760 --> 00:06:45,600 Speaker 1: mark yet. But I think it is something that should 146 00:06:45,640 --> 00:06:47,680 Speaker 1: be on people's radar. If you're getting take out, part 147 00:06:47,680 --> 00:06:51,080 Speaker 1: of supporting those local restaurants, I think should mean tipping 148 00:06:51,120 --> 00:06:54,280 Speaker 1: at least more than you would in non pandemic times. Yeah. Man, 149 00:06:54,279 --> 00:06:56,640 Speaker 1: you know from my limited number of outings, Uh, some 150 00:06:56,680 --> 00:06:59,240 Speaker 1: of the different restaurant workers that I've talked with aren't 151 00:06:59,240 --> 00:07:01,040 Speaker 1: taking the same state it says, you know whoever wrote 152 00:07:01,040 --> 00:07:03,479 Speaker 1: that grub Street article. Um, you know, a couple have 153 00:07:03,560 --> 00:07:05,720 Speaker 1: even stated how glad they are to be back to work. 154 00:07:05,720 --> 00:07:07,840 Speaker 1: You know, they're they're happy to get back to some 155 00:07:07,880 --> 00:07:11,000 Speaker 1: form of normalcy. And this is even in Atlanta here 156 00:07:11,000 --> 00:07:13,960 Speaker 1: where we have a decent number of new coronavirus cases. Right. 157 00:07:14,400 --> 00:07:15,920 Speaker 1: I think we need to work to to try to 158 00:07:15,960 --> 00:07:18,680 Speaker 1: avoid that sort of savior complex, right. I think sometimes 159 00:07:18,760 --> 00:07:22,239 Speaker 1: individuals can feel that others aren't making the best decision 160 00:07:22,360 --> 00:07:24,320 Speaker 1: for themselves, and so they're there to kind of swoop 161 00:07:24,320 --> 00:07:26,040 Speaker 1: in and to save the day. But in some of 162 00:07:26,040 --> 00:07:27,640 Speaker 1: those cases, I think we need to leave it up 163 00:07:27,640 --> 00:07:30,480 Speaker 1: to the individuals who are making those decisions for themselves, 164 00:07:30,880 --> 00:07:33,040 Speaker 1: but at least be a little extra generous with your 165 00:07:33,040 --> 00:07:35,480 Speaker 1: tip and wear your mask right definitely, you know all 166 00:07:35,480 --> 00:07:37,440 Speaker 1: that to say, like, yeah, do tip well, but I 167 00:07:37,440 --> 00:07:40,440 Speaker 1: think starting at that just does feel a little bit 168 00:07:40,440 --> 00:07:42,920 Speaker 1: steep to me. And if that prevents you from actually 169 00:07:43,040 --> 00:07:45,120 Speaker 1: ordering take out of your local restaurant because you're it's 170 00:07:45,120 --> 00:07:47,920 Speaker 1: like either or I don't get food from one of 171 00:07:47,960 --> 00:07:50,480 Speaker 1: my local favorite places and support them in that way, 172 00:07:50,720 --> 00:07:52,960 Speaker 1: well then that's not good either, right If you're if 173 00:07:53,000 --> 00:07:55,520 Speaker 1: you're creating that artificial floor for how much you're supposed 174 00:07:55,520 --> 00:07:57,800 Speaker 1: to be tipping and prevents you from actually ordering out, 175 00:07:58,000 --> 00:08:00,280 Speaker 1: then that's a disservice to your local economy too. Yeah, 176 00:08:00,280 --> 00:08:01,960 Speaker 1: you don't want that to keep you from doing any 177 00:08:02,000 --> 00:08:04,680 Speaker 1: good within your local economy. But the fact is too, man, 178 00:08:04,720 --> 00:08:06,200 Speaker 1: I don't know about you, but we've been spending a 179 00:08:06,200 --> 00:08:09,080 Speaker 1: lot less money on entertainment in general just because we're 180 00:08:09,080 --> 00:08:12,680 Speaker 1: not going out there had exactly, there's less things to do, 181 00:08:12,720 --> 00:08:15,520 Speaker 1: there's less money to spend, and so because of that, 182 00:08:15,600 --> 00:08:17,720 Speaker 1: like we we were saving money every single month on 183 00:08:17,840 --> 00:08:20,120 Speaker 1: entertainment because we're not eating out as a family. And 184 00:08:20,160 --> 00:08:22,160 Speaker 1: so maybe this article is just a good challenge for 185 00:08:22,160 --> 00:08:24,120 Speaker 1: for all of us to hear that there are ways 186 00:08:24,160 --> 00:08:26,800 Speaker 1: that we're not used to when it comes to supporting 187 00:08:26,840 --> 00:08:29,120 Speaker 1: and helping out others who who are maybe in a 188 00:08:29,160 --> 00:08:31,040 Speaker 1: little bit more need than we are. I think if 189 00:08:31,080 --> 00:08:32,880 Speaker 1: you can afford, it's definitely a good step to take. 190 00:08:33,080 --> 00:08:36,000 Speaker 1: So let's talk about schools. Uh, some different school districts 191 00:08:36,000 --> 00:08:38,559 Speaker 1: in the country, they're starting to dispill the beans on 192 00:08:38,600 --> 00:08:42,040 Speaker 1: their plans for reopening. Many school districts near US are 193 00:08:42,120 --> 00:08:44,280 Speaker 1: offering parents the choice of whether or not to send 194 00:08:44,280 --> 00:08:48,240 Speaker 1: their kids to in person classes. But unfortunately, our school 195 00:08:48,280 --> 00:08:52,080 Speaker 1: district has decided that we'll be continuing online education for 196 00:08:52,120 --> 00:08:55,520 Speaker 1: the first nine weeks of school, and they pushed back 197 00:08:55,559 --> 00:08:57,839 Speaker 1: the start date by a couple of weeks. So this 198 00:08:57,920 --> 00:09:00,800 Speaker 1: is kind of bad news for us. But in l 199 00:09:00,840 --> 00:09:03,760 Speaker 1: A and San Diego public schools there they are also 200 00:09:03,880 --> 00:09:06,320 Speaker 1: going to be online only at this fall as well. Yeah, 201 00:09:06,320 --> 00:09:09,199 Speaker 1: obviously we're in unprecedented times and every school district kind 202 00:09:09,200 --> 00:09:11,480 Speaker 1: of has to take all the information that they have 203 00:09:11,920 --> 00:09:14,240 Speaker 1: in hand and then make the best decision possible for 204 00:09:14,280 --> 00:09:17,440 Speaker 1: teachers and for students and for administrators. And different districts 205 00:09:17,480 --> 00:09:19,920 Speaker 1: are making different decisions based on the facts that they have, 206 00:09:20,480 --> 00:09:22,760 Speaker 1: and so I gotta say first, like, I understand, I 207 00:09:22,800 --> 00:09:25,840 Speaker 1: don't fault our school district for making this decision. I 208 00:09:25,880 --> 00:09:28,280 Speaker 1: think it is a decision that's made in particular with 209 00:09:28,280 --> 00:09:30,880 Speaker 1: teachers and administrators in mind, and I think lots of 210 00:09:30,880 --> 00:09:34,040 Speaker 1: times school districts make decisions more so with the kids 211 00:09:34,040 --> 00:09:36,360 Speaker 1: in mind. Right, And while I'm bummed right that our 212 00:09:36,559 --> 00:09:39,720 Speaker 1: upcoming kindergartener isn't going to start her her school career 213 00:09:40,040 --> 00:09:43,160 Speaker 1: inside a physical building, meeting her teacher in person, getting 214 00:09:43,160 --> 00:09:45,480 Speaker 1: to know her classmates by playing with them in person, 215 00:09:45,679 --> 00:09:47,679 Speaker 1: I understand the reaction. There was actually an op ed 216 00:09:47,840 --> 00:09:50,240 Speaker 1: in the A j C By a teacher talking about 217 00:09:50,280 --> 00:09:53,040 Speaker 1: how teachers are continually asked to make sacrifices, and when 218 00:09:53,040 --> 00:09:55,480 Speaker 1: they ask for something or they fight back against a 219 00:09:55,559 --> 00:09:58,320 Speaker 1: change that's being made in within a school district, they're 220 00:09:58,360 --> 00:10:01,000 Speaker 1: often seen as the bad guy. And I completely understand 221 00:10:01,000 --> 00:10:03,000 Speaker 1: that sentiment from teachers. I think a teacher who feels 222 00:10:03,080 --> 00:10:05,920 Speaker 1: uncomfortable going back to teaching right now, I understand that 223 00:10:05,920 --> 00:10:08,679 Speaker 1: sentiment and I would probably feel similarly. But I think 224 00:10:08,679 --> 00:10:11,199 Speaker 1: it's also okay for us to be sad about what's abnormal, 225 00:10:11,400 --> 00:10:15,160 Speaker 1: and this is abnormal, right, kids doing school online and 226 00:10:15,240 --> 00:10:17,640 Speaker 1: it presents a whole host of other challenges for us 227 00:10:17,679 --> 00:10:20,560 Speaker 1: as a society and for families to Yeah, the different 228 00:10:20,559 --> 00:10:24,320 Speaker 1: schools start choices that districts are making. Uh, they're they're 229 00:10:24,320 --> 00:10:27,400 Speaker 1: impacting everyone differently, and its single parents, especially once who 230 00:10:27,400 --> 00:10:30,520 Speaker 1: can't work from home, are having a really tough time 231 00:10:30,600 --> 00:10:32,439 Speaker 1: knowing how to handle this, you know, like, how are 232 00:10:32,480 --> 00:10:34,679 Speaker 1: parents going to be able to work and support their 233 00:10:34,679 --> 00:10:36,839 Speaker 1: family if they're not actually able to go to work? 234 00:10:37,240 --> 00:10:39,000 Speaker 1: And so one suggestion that we would have and obviously 235 00:10:39,000 --> 00:10:42,959 Speaker 1: this isn't necessarily gonna apply to everybody, but even doing 236 00:10:43,000 --> 00:10:45,400 Speaker 1: something like pod schooling, you know, if there's another family 237 00:10:45,520 --> 00:10:49,520 Speaker 1: or two that live nearby who you feel comfortable quarantining with, 238 00:10:49,679 --> 00:10:51,959 Speaker 1: you know, doing school each day with those other kids 239 00:10:52,000 --> 00:10:54,760 Speaker 1: could help lessen the stress and it will give your 240 00:10:54,800 --> 00:10:57,800 Speaker 1: kids some of that that much needed socialization that they'll 241 00:10:57,840 --> 00:11:01,400 Speaker 1: be missing while we're doing school a computer. So there's 242 00:11:01,440 --> 00:11:04,520 Speaker 1: some families who we know that are are basically creating 243 00:11:04,640 --> 00:11:07,319 Speaker 1: these social pods, right, Um, so we've done this from 244 00:11:07,320 --> 00:11:10,240 Speaker 1: a social standpoint where we're able to interact with friends, 245 00:11:10,280 --> 00:11:12,280 Speaker 1: and you know, other families who we know are taking 246 00:11:12,320 --> 00:11:14,880 Speaker 1: the proper precautions when it comes to their health. So 247 00:11:15,000 --> 00:11:17,640 Speaker 1: especially taking that same theory and then applying it to school. 248 00:11:17,920 --> 00:11:21,520 Speaker 1: As social distancing continues, finding ways to lessen the burden 249 00:11:21,600 --> 00:11:24,120 Speaker 1: on each other is not only helpful, but in some cases, 250 00:11:24,200 --> 00:11:26,120 Speaker 1: like parents who do need to go to work, it's 251 00:11:26,280 --> 00:11:28,920 Speaker 1: flat out necessary. Yeah, we're all having to adapt in 252 00:11:28,920 --> 00:11:31,720 Speaker 1: a major way in these times, and the schools announced 253 00:11:31,720 --> 00:11:35,280 Speaker 1: their reopening plans. That has an effect on everybody's job 254 00:11:35,400 --> 00:11:37,520 Speaker 1: right there, their work and their capacity to do work, 255 00:11:37,559 --> 00:11:39,520 Speaker 1: whether it's from home or whether they have to go 256 00:11:39,600 --> 00:11:42,320 Speaker 1: in somewhere and work in. Your capacity to work in 257 00:11:42,320 --> 00:11:45,880 Speaker 1: so many ways has a direct reflection on your personal finances. 258 00:11:45,960 --> 00:11:48,520 Speaker 1: So if your school district has announced reopening plans and 259 00:11:48,559 --> 00:11:50,400 Speaker 1: it's gonna be hard for you to get work done 260 00:11:50,440 --> 00:11:52,400 Speaker 1: in the way that you were hoping to, then we 261 00:11:52,440 --> 00:11:54,480 Speaker 1: would suggest thinking outside the box and pod schooling I 262 00:11:54,480 --> 00:11:56,520 Speaker 1: think can be one of those ways that can help 263 00:11:56,520 --> 00:11:59,760 Speaker 1: you to achieve a greater balance in being able to 264 00:11:59,800 --> 00:12:02,400 Speaker 1: get worked on while still making sure your kids are 265 00:12:02,400 --> 00:12:04,800 Speaker 1: are getting a good education right now. But all right, Matt, 266 00:12:04,800 --> 00:12:07,320 Speaker 1: we've got more information on unemployment and then how that 267 00:12:07,400 --> 00:12:10,280 Speaker 1: impacts health insurance We've specifically got some advice for people 268 00:12:10,280 --> 00:12:12,920 Speaker 1: who have lost their health insurance recently because of the 269 00:12:13,000 --> 00:12:15,040 Speaker 1: pandemic or because of losing their job, and we'll talk 270 00:12:15,040 --> 00:12:27,200 Speaker 1: about that right after this break. We're back from the break, 271 00:12:27,240 --> 00:12:29,600 Speaker 1: and this is our Friday Flight episode where we are 272 00:12:29,679 --> 00:12:32,000 Speaker 1: covering a lot of different stories and how they impact 273 00:12:32,000 --> 00:12:35,559 Speaker 1: our personal finances. Man, let's talk about unemployment benefits. Man. 274 00:12:35,600 --> 00:12:39,079 Speaker 1: I saw that only fifty seven percent of unemployment applications 275 00:12:39,080 --> 00:12:41,680 Speaker 1: have even been paid, which totally sucks. Men. I would 276 00:12:41,679 --> 00:12:43,400 Speaker 1: have expected it to be a lot higher than that, 277 00:12:43,880 --> 00:12:46,240 Speaker 1: And if you live in Florida or Georgia, it's it's 278 00:12:46,320 --> 00:12:49,520 Speaker 1: actually been even worse. Some people have been waiting for 279 00:12:49,559 --> 00:12:52,120 Speaker 1: over four months now to get unemployment compensation. Yeah. Man, 280 00:12:52,160 --> 00:12:55,960 Speaker 1: some people are waiting on eight dollars from their state 281 00:12:56,000 --> 00:12:58,640 Speaker 1: for unemployment. I've got a friend who, because of just 282 00:12:58,720 --> 00:13:01,680 Speaker 1: this minor TYPEO on his application with our states Department 283 00:13:01,679 --> 00:13:05,040 Speaker 1: of Labor, was having issues even getting that corrected in 284 00:13:05,120 --> 00:13:07,040 Speaker 1: order to have his application be able to move forward. 285 00:13:07,600 --> 00:13:10,440 Speaker 1: And then emails remain unanswered. No one picks up the phone. 286 00:13:10,600 --> 00:13:13,760 Speaker 1: For anyone out there who's applied for unemployment insurance, you're 287 00:13:13,800 --> 00:13:16,000 Speaker 1: basically bang your head against a wall in so many 288 00:13:16,000 --> 00:13:19,199 Speaker 1: states right now by not even having an updated status 289 00:13:19,200 --> 00:13:21,440 Speaker 1: on what's going on with your claim. Yeah, I don't 290 00:13:21,440 --> 00:13:23,920 Speaker 1: even like not getting an updated status on when I 291 00:13:23,920 --> 00:13:26,160 Speaker 1: place an order on Amazon. You know, you're six houses 292 00:13:26,200 --> 00:13:29,079 Speaker 1: away from delivery, which, by the way, I will say, 293 00:13:29,120 --> 00:13:30,760 Speaker 1: it's been nice. I can wait around for another five 294 00:13:30,760 --> 00:13:32,760 Speaker 1: minutes before I had out the door, you know, Vijel. 295 00:13:32,840 --> 00:13:35,599 Speaker 1: You know, in regards to jobs being lost, sadly, it 296 00:13:35,640 --> 00:13:38,040 Speaker 1: looks like we're set to see more job losses in 297 00:13:38,040 --> 00:13:41,360 Speaker 1: the coming months. United Airlines they just let thirty six 298 00:13:41,480 --> 00:13:45,120 Speaker 1: thousand employees know that their jobs are at risk. Walgreen's 299 00:13:45,120 --> 00:13:47,560 Speaker 1: they just cut four thousand jobs. Hotel chains there laying 300 00:13:47,559 --> 00:13:50,679 Speaker 1: folks off. And those are just a few bigger companies 301 00:13:50,760 --> 00:13:53,920 Speaker 1: right many mid sized and small companies around the country 302 00:13:54,120 --> 00:13:56,320 Speaker 1: are having to do the same. And then on top 303 00:13:56,360 --> 00:13:58,520 Speaker 1: of that, this uncertainty in the job market, it's causing 304 00:13:58,559 --> 00:14:01,400 Speaker 1: folks to pull back on the spending, making you know, 305 00:14:01,440 --> 00:14:04,080 Speaker 1: the cycle even more vicious. Yeah, and some of the 306 00:14:04,080 --> 00:14:06,240 Speaker 1: bigger companies matt that are laying people off, it has 307 00:14:06,280 --> 00:14:08,120 Speaker 1: an impact on smaller companies. I was talking to a 308 00:14:08,120 --> 00:14:10,600 Speaker 1: friend recently. You talked to a lot of friends. Yeah, 309 00:14:11,080 --> 00:14:13,120 Speaker 1: and and his but his employer works with one of 310 00:14:13,120 --> 00:14:15,719 Speaker 1: the major airlines, and because they've had to pull back 311 00:14:15,720 --> 00:14:18,200 Speaker 1: on spending, that affects his small business that he works 312 00:14:18,240 --> 00:14:20,440 Speaker 1: for and the work that he does. And so yeah, 313 00:14:20,440 --> 00:14:23,360 Speaker 1: it's just kind of this cascading domino like effect when 314 00:14:23,360 --> 00:14:25,720 Speaker 1: some of these bigger employers find themselves being in a 315 00:14:25,720 --> 00:14:29,480 Speaker 1: precarious financial situation. So what do people do, Well, if 316 00:14:29,520 --> 00:14:31,920 Speaker 1: you haven't already, now is the time to prepare for 317 00:14:32,000 --> 00:14:35,480 Speaker 1: another financial and economics torm that could be heading our way. 318 00:14:35,520 --> 00:14:37,760 Speaker 1: So you might have a great job at the moment, right, 319 00:14:37,880 --> 00:14:39,400 Speaker 1: but like Matt and I are talking about, a lot 320 00:14:39,400 --> 00:14:42,600 Speaker 1: of layoffs could be on the horizon, maybe even more 321 00:14:42,640 --> 00:14:46,160 Speaker 1: reduced pay for for certain people in certain sectors and 322 00:14:46,240 --> 00:14:48,880 Speaker 1: a reduced workload. We could see more furloughs, and and 323 00:14:48,920 --> 00:14:51,640 Speaker 1: so during uncertain times like we're in, cash sitting in 324 00:14:51,680 --> 00:14:53,800 Speaker 1: the bank is so much more important than it ever 325 00:14:54,160 --> 00:14:56,760 Speaker 1: typically is. And Matt, we preached the importance of that 326 00:14:57,120 --> 00:14:59,840 Speaker 1: just having a well funded emergency fund all the time, 327 00:14:59,880 --> 00:15:01,960 Speaker 1: but it's even more important right now. So if you've 328 00:15:01,960 --> 00:15:04,920 Speaker 1: been prioritizing other things, well, we would suggest that it's 329 00:15:04,960 --> 00:15:07,840 Speaker 1: more important than ever to get working on that emergency fund, 330 00:15:07,880 --> 00:15:10,160 Speaker 1: to be fit up, preparing for harder times, but hoping 331 00:15:10,360 --> 00:15:12,880 Speaker 1: that those harder times don't come. Yeah, and now is 332 00:15:12,920 --> 00:15:16,239 Speaker 1: not the time to to take on additional debt. Yeah. 333 00:15:16,720 --> 00:15:19,520 Speaker 1: One of the other consequences of folks losing their jobs 334 00:15:19,600 --> 00:15:22,640 Speaker 1: is the fact that oftentimes they lose their health insurance too. 335 00:15:22,720 --> 00:15:25,560 Speaker 1: It's it's like a double weymy because most are covered 336 00:15:25,600 --> 00:15:28,200 Speaker 1: by their employers. A new study is showing that more 337 00:15:28,200 --> 00:15:30,680 Speaker 1: than five point four million people who were laid off 338 00:15:30,720 --> 00:15:34,160 Speaker 1: from their jobs are now uninsured. This is a scary 339 00:15:34,200 --> 00:15:35,880 Speaker 1: spot to being but you know, let's go ahead and 340 00:15:35,880 --> 00:15:38,440 Speaker 1: discuss some steps to take if if this is you, 341 00:15:38,520 --> 00:15:41,520 Speaker 1: if this is your situation. First off, if you've been furloughed, 342 00:15:41,560 --> 00:15:44,280 Speaker 1: there's a chance that you haven't lost your health insurance, right, 343 00:15:44,640 --> 00:15:46,680 Speaker 1: you'll definitely want to make sure that you check with HR. 344 00:15:46,840 --> 00:15:49,480 Speaker 1: But even though you're not earning a paycheck, you could 345 00:15:49,480 --> 00:15:51,960 Speaker 1: still be on the group insurance plan receiving that benefit. 346 00:15:52,360 --> 00:15:55,720 Speaker 1: Some employers are continuing to pay their portion to your 347 00:15:55,760 --> 00:15:59,560 Speaker 1: health care plan. But again, ask about your portion that 348 00:15:59,640 --> 00:16:01,760 Speaker 1: you ympically be responsible for that comes out of your 349 00:16:01,760 --> 00:16:04,520 Speaker 1: paycheck because obviously you aren't paying those now since you 350 00:16:04,560 --> 00:16:07,160 Speaker 1: aren't receiving a check, but there is a chance that 351 00:16:07,200 --> 00:16:09,880 Speaker 1: you might be responsible for those mispayments down the road 352 00:16:09,920 --> 00:16:11,840 Speaker 1: once you're brought back on. Yeah, all right, now, let's 353 00:16:11,840 --> 00:16:14,160 Speaker 1: talk about cobra to a lot of people have heard 354 00:16:14,200 --> 00:16:17,280 Speaker 1: the term, especially if you've been laid off recently. But 355 00:16:17,320 --> 00:16:19,480 Speaker 1: if you have lost insurance through your employer, it's time 356 00:16:19,480 --> 00:16:21,320 Speaker 1: to look at other options. And one of the biggest 357 00:16:21,320 --> 00:16:25,240 Speaker 1: things about cobra, Matt, is that it's incredibly expensive because 358 00:16:25,520 --> 00:16:27,640 Speaker 1: you're paying basically the full cost of what you would 359 00:16:27,640 --> 00:16:30,280 Speaker 1: pay for healthcare and what your employer typically provides that 360 00:16:30,320 --> 00:16:32,200 Speaker 1: you don't see. Yeah, you didn't even know how good 361 00:16:32,240 --> 00:16:34,840 Speaker 1: you had it, so you got fired, right, Yeah exactly. 362 00:16:35,160 --> 00:16:38,320 Speaker 1: Oftentimes employers are paying seventy or eight percent of those 363 00:16:38,320 --> 00:16:41,440 Speaker 1: health insurance costs and most of us don't think about it. 364 00:16:41,560 --> 00:16:43,680 Speaker 1: But the way it works is that it allows people 365 00:16:43,680 --> 00:16:46,440 Speaker 1: who work at companies with twenty or more employees to 366 00:16:46,640 --> 00:16:49,800 Speaker 1: pay to continue their workplace insurance plan for a certain 367 00:16:49,840 --> 00:16:51,920 Speaker 1: period of time. The thing that's nice about cobra is 368 00:16:51,960 --> 00:16:54,600 Speaker 1: you can continue seeing your doctors and you'll still have 369 00:16:54,640 --> 00:16:57,800 Speaker 1: the same deductible requirements. But it's important to note that 370 00:16:57,840 --> 00:16:59,960 Speaker 1: you have sixty days from when you lose your job 371 00:17:00,320 --> 00:17:02,720 Speaker 1: to sign up for that or you lose your ability 372 00:17:03,000 --> 00:17:05,359 Speaker 1: to keep that insurance. So if you get something in 373 00:17:05,400 --> 00:17:07,800 Speaker 1: the mail about Cobra insurance in the event that you've 374 00:17:07,800 --> 00:17:10,320 Speaker 1: lost your job, it's important to read that letter, open 375 00:17:10,320 --> 00:17:13,160 Speaker 1: it and make sure you taken into consideration. It might 376 00:17:13,200 --> 00:17:15,880 Speaker 1: be prohibitively expensive and not worthwhile, so we're gonna talk 377 00:17:15,880 --> 00:17:19,080 Speaker 1: about another option now, but it is something that some 378 00:17:19,080 --> 00:17:21,760 Speaker 1: people at least will want to consider. Yeah, it is uh, 379 00:17:21,800 --> 00:17:25,280 Speaker 1: and so others will likely look to the Affordable Care 380 00:17:25,280 --> 00:17:27,720 Speaker 1: Act marketplace right the a c A. If you've lost 381 00:17:27,720 --> 00:17:30,680 Speaker 1: your job, then that qualifies you for a special enrollment 382 00:17:30,680 --> 00:17:33,919 Speaker 1: period for either your state or for the federal marketplace. 383 00:17:34,200 --> 00:17:36,920 Speaker 1: If you're looking at healthcare dot gov like Cobra, then 384 00:17:36,960 --> 00:17:40,679 Speaker 1: you're gonna have a sixty day window to enroll. And 385 00:17:40,720 --> 00:17:42,800 Speaker 1: of course Medicaid that's going to be an option as 386 00:17:42,840 --> 00:17:46,399 Speaker 1: well for a lot of folks. Since Medicaid eligibility is 387 00:17:46,440 --> 00:17:49,399 Speaker 1: based on your monthly income, even a short reduction of 388 00:17:49,440 --> 00:17:52,960 Speaker 1: your income should make someone eligible for Medicaid for those 389 00:17:53,000 --> 00:17:55,399 Speaker 1: specific months, So keep in mind that is definitely an 390 00:17:55,400 --> 00:17:57,760 Speaker 1: option as well. Yeah, if you've lost your job, you 391 00:17:57,800 --> 00:18:01,640 Speaker 1: should be eligible for a much cheaper healthcare plan because, 392 00:18:01,640 --> 00:18:05,480 Speaker 1: specifically with Medicaid, it takes into account your monthly income, 393 00:18:05,720 --> 00:18:08,960 Speaker 1: and if your monthly income is non existent because you've 394 00:18:09,000 --> 00:18:11,159 Speaker 1: lost your job, you should be able to get coverage 395 00:18:11,200 --> 00:18:13,240 Speaker 1: for a whole lot less than you thought you would 396 00:18:13,240 --> 00:18:15,359 Speaker 1: be able to Matt. By the way, on Monday, we're 397 00:18:15,359 --> 00:18:17,359 Speaker 1: gonna talk to Scott Heiser and we're gonna go a 398 00:18:17,400 --> 00:18:19,760 Speaker 1: little more in depth about cutting healthcare costs. We're gonna 399 00:18:19,760 --> 00:18:22,760 Speaker 1: cover some of this ground too in that conversation. Are Matt, 400 00:18:22,840 --> 00:18:25,359 Speaker 1: let's talk about millennials here for a second. Uh, you 401 00:18:25,400 --> 00:18:28,320 Speaker 1: and I were both millennials, but grant us we're grandpa 402 00:18:28,359 --> 00:18:30,959 Speaker 1: millennials though, right, I am definitely on the older end 403 00:18:31,000 --> 00:18:32,960 Speaker 1: of the spectrum when it comes to that generation. Yeah, 404 00:18:33,000 --> 00:18:36,680 Speaker 1: you barely qualify. But millennials have had, I would say, 405 00:18:36,760 --> 00:18:39,680 Speaker 1: kind of a rough decade and a half. So many 406 00:18:39,720 --> 00:18:43,080 Speaker 1: millennials actually finished school in the teeth of the Great Recession, 407 00:18:43,280 --> 00:18:45,320 Speaker 1: and it made it hard to kind of start out 408 00:18:45,480 --> 00:18:48,320 Speaker 1: in a career path with all the hiring issues that 409 00:18:48,359 --> 00:18:50,720 Speaker 1: were happening, right, at that point in time, and now 410 00:18:50,760 --> 00:18:53,200 Speaker 1: lots of those same people are having to rethink their 411 00:18:53,240 --> 00:18:56,119 Speaker 1: current career choice in light of what's happening with unemployment 412 00:18:56,200 --> 00:18:59,280 Speaker 1: due to COVID. Many are cashing out whatever savings they've 413 00:18:59,320 --> 00:19:01,280 Speaker 1: had in order to pay the bills with kind of 414 00:19:01,320 --> 00:19:03,679 Speaker 1: the bill that passed that allowed people to tap their 415 00:19:03,680 --> 00:19:05,800 Speaker 1: four O one K. I know more and more people 416 00:19:05,920 --> 00:19:08,960 Speaker 1: are cashing out their retirement thinking that that's one of 417 00:19:08,960 --> 00:19:11,000 Speaker 1: their best options right now. The pandemic is, of course 418 00:19:11,040 --> 00:19:13,399 Speaker 1: exposing different divides in our country, but I feel like 419 00:19:13,480 --> 00:19:16,200 Speaker 1: that generational divide is one that's being keenly felt right now. 420 00:19:16,200 --> 00:19:18,840 Speaker 1: And millennials in particular, I feel like I have experienced 421 00:19:19,040 --> 00:19:21,879 Speaker 1: significant difficulty and it's not due to like what some 422 00:19:21,920 --> 00:19:24,600 Speaker 1: of the headlines referred to as maybe an over consumption 423 00:19:24,640 --> 00:19:26,840 Speaker 1: of avocado toasts and latte's. It's just in the last 424 00:19:26,840 --> 00:19:30,400 Speaker 1: fifteen years, there have been two significant events that have 425 00:19:30,560 --> 00:19:34,679 Speaker 1: massively impacted the career path and the wealth building abilities 426 00:19:34,840 --> 00:19:37,439 Speaker 1: of millennials across the country. Yeah, it's hard to make 427 00:19:37,480 --> 00:19:41,000 Speaker 1: headway with our personal finances when millennials in particular just 428 00:19:41,000 --> 00:19:43,040 Speaker 1: don't have any momentum to kind of carry them through 429 00:19:43,080 --> 00:19:45,320 Speaker 1: some of those storms, right, and so this is kind 430 00:19:45,320 --> 00:19:47,800 Speaker 1: of where millennials in particular are, and even gen Z 431 00:19:47,920 --> 00:19:49,600 Speaker 1: a little bit, so that you know, the question to 432 00:19:49,640 --> 00:19:51,159 Speaker 1: ask now is like what do we do next? And 433 00:19:51,200 --> 00:19:53,440 Speaker 1: in large part it's up to our elected officials to 434 00:19:53,440 --> 00:19:56,760 Speaker 1: to take action in order to help shelter individuals through 435 00:19:56,880 --> 00:19:59,159 Speaker 1: this COVID and due storm. You know, there are some 436 00:19:59,240 --> 00:20:02,680 Speaker 1: issues that loom large and are more complicated and interconnected 437 00:20:02,960 --> 00:20:06,080 Speaker 1: than what we can manage as individuals. Being on top 438 00:20:06,080 --> 00:20:08,320 Speaker 1: of your personal finance game is is important, and that's 439 00:20:08,320 --> 00:20:10,040 Speaker 1: a great thing, and that's gonna help you to make 440 00:20:10,080 --> 00:20:13,000 Speaker 1: it through. But it's also important to take action to 441 00:20:13,080 --> 00:20:15,920 Speaker 1: make sure that your voice is heard. If you feel 442 00:20:15,920 --> 00:20:18,280 Speaker 1: the government should be doing something different than you know, 443 00:20:18,320 --> 00:20:21,879 Speaker 1: make sure that you're reaching out and contacting your elected officials, 444 00:20:22,200 --> 00:20:24,960 Speaker 1: make sure that you're you're taking part in the democratic process. 445 00:20:25,040 --> 00:20:27,440 Speaker 1: It's okay to kind of be upset and you know, 446 00:20:27,560 --> 00:20:30,159 Speaker 1: not happy with where things are currently with our country, 447 00:20:30,320 --> 00:20:31,639 Speaker 1: but we need to make sure that we kind of 448 00:20:31,720 --> 00:20:34,920 Speaker 1: channel that energy into ways where we can actually implement 449 00:20:34,920 --> 00:20:36,960 Speaker 1: some change. Yeah, And most of the time, Matt, when 450 00:20:36,960 --> 00:20:39,040 Speaker 1: you and I, when we're talking about government, we're trying 451 00:20:39,080 --> 00:20:43,160 Speaker 1: to distill the details of a program or a way 452 00:20:43,200 --> 00:20:45,440 Speaker 1: that people can make their voice heard, whether it's in 453 00:20:45,480 --> 00:20:48,520 Speaker 1: the case of the Consumer Financial Protection Bureau, or we're 454 00:20:48,560 --> 00:20:51,840 Speaker 1: talking about new implementations in unemployment insurance and how that's 455 00:20:51,840 --> 00:20:53,919 Speaker 1: going to shake out for people. We're talking about the 456 00:20:53,960 --> 00:20:56,920 Speaker 1: problems with the government that the government is having implementing 457 00:20:57,119 --> 00:20:59,400 Speaker 1: those programs. But for the most part, we talk about 458 00:20:59,480 --> 00:21:02,120 Speaker 1: personal fis and what people can do inside of their 459 00:21:02,119 --> 00:21:04,280 Speaker 1: own lives to make a difference in their monthly budget 460 00:21:04,359 --> 00:21:06,679 Speaker 1: and then in their long term wealth building efforts. But 461 00:21:06,680 --> 00:21:09,040 Speaker 1: there are times when it makes sense for us to 462 00:21:09,080 --> 00:21:11,439 Speaker 1: stand up and for our voices to be heard when 463 00:21:11,520 --> 00:21:14,280 Speaker 1: it comes to the people that represent us, the elected 464 00:21:14,280 --> 00:21:19,080 Speaker 1: officials that we have entrusted to make legislative decisions that 465 00:21:19,119 --> 00:21:22,240 Speaker 1: will collectively affect us all. And I think, in particular, 466 00:21:22,280 --> 00:21:25,000 Speaker 1: because we're in a pandemic, are elected officials owe us 467 00:21:25,040 --> 00:21:27,040 Speaker 1: kind of more than we're getting right now, And I 468 00:21:27,040 --> 00:21:29,280 Speaker 1: think they deserve to hear from us, whether it's an email, 469 00:21:29,400 --> 00:21:32,040 Speaker 1: whether it's calling their office and letting them know what 470 00:21:32,119 --> 00:21:34,840 Speaker 1: you expect and what you want for for them to 471 00:21:34,840 --> 00:21:36,919 Speaker 1: take action on right now. Angela, you know you were 472 00:21:36,920 --> 00:21:38,600 Speaker 1: just mentioning how a lot of times what we talked 473 00:21:38,600 --> 00:21:41,399 Speaker 1: about on the show are details of programs that the 474 00:21:41,440 --> 00:21:45,160 Speaker 1: government has already implemented. And essentially the reason we're saying 475 00:21:45,160 --> 00:21:46,920 Speaker 1: all this is because we want to remind our our 476 00:21:46,920 --> 00:21:50,560 Speaker 1: listeners that you have control over these programs that even 477 00:21:50,600 --> 00:21:52,679 Speaker 1: get implemented. In the first place. We're not just on 478 00:21:52,720 --> 00:21:54,480 Speaker 1: the receiving end of things, but we are on the 479 00:21:54,880 --> 00:21:57,359 Speaker 1: dishing outside of things as well. We don't just receive 480 00:21:57,400 --> 00:21:59,480 Speaker 1: the output. We we have control of some of that input. 481 00:22:00,040 --> 00:22:02,040 Speaker 1: We want to encourage you to be a part of 482 00:22:02,080 --> 00:22:04,840 Speaker 1: that political process, and for some of our listeners, man, 483 00:22:04,920 --> 00:22:08,040 Speaker 1: that even might mean running for office themselves. I'm so 484 00:22:08,119 --> 00:22:11,520 Speaker 1: encouraged by kind of a younger class of politicians who 485 00:22:11,520 --> 00:22:14,879 Speaker 1: seem to be tackling issues that are actually affecting millennials 486 00:22:14,920 --> 00:22:18,000 Speaker 1: and gen z, the younger generations of this country, and 487 00:22:18,000 --> 00:22:20,400 Speaker 1: in so many ways, I think the national political discussion 488 00:22:20,720 --> 00:22:22,960 Speaker 1: needs to change to include a wider range of topics 489 00:22:22,960 --> 00:22:24,880 Speaker 1: that are impacting all of us a whole lot more 490 00:22:25,200 --> 00:22:27,440 Speaker 1: than maybe a whole lot of you know, our current 491 00:22:27,440 --> 00:22:30,679 Speaker 1: elected officials are taking into consideration. All right, Matt, Well, 492 00:22:30,680 --> 00:22:32,920 Speaker 1: that's gonna do it. For this episode. We covered a 493 00:22:32,960 --> 00:22:35,720 Speaker 1: lot of ground today and yeah, thanks, thanks everybody for 494 00:22:35,720 --> 00:22:37,960 Speaker 1: for listening. And you can find our show notes for 495 00:22:38,000 --> 00:22:39,800 Speaker 1: this episode, and you can find all of our other 496 00:22:39,840 --> 00:22:42,280 Speaker 1: episodes up on our website and how the Money dot com. 497 00:22:42,440 --> 00:22:44,480 Speaker 1: And if you have not already left us a review 498 00:22:44,520 --> 00:22:47,159 Speaker 1: over on Apple podcast, would be incredibly thankful if you did. 499 00:22:47,240 --> 00:22:49,720 Speaker 1: Joe and I read every single one of those uh 500 00:22:49,720 --> 00:22:51,719 Speaker 1: and in particular, man, there's been a few lately that 501 00:22:51,800 --> 00:22:54,520 Speaker 1: where folks have shared how they have basically changed their life. 502 00:22:54,520 --> 00:22:56,639 Speaker 1: You know, they have completely changed the trajectory of their 503 00:22:56,680 --> 00:23:00,560 Speaker 1: future because of how they now handle money. And that 504 00:23:00,760 --> 00:23:03,800 Speaker 1: is so stinking encouraging, and we would encourage others to 505 00:23:04,040 --> 00:23:05,720 Speaker 1: do the same because we love that. Yeah, I love 506 00:23:05,760 --> 00:23:07,840 Speaker 1: reading those ones. Hate reading the one stars, but you 507 00:23:07,840 --> 00:23:10,680 Speaker 1: know it happens right alright, buddy, Until next time, Best 508 00:23:10,720 --> 00:23:12,480 Speaker 1: Friends Out, Best Friends Out,