Speaker 1: Welcome to How the Money. I'm Joel and I and
Speaker 1: Matt and today we're discussing squid Game money lessons. That's right,
Speaker 1: we are going to talk about squid Game during this
Speaker 1: episode throughout this entire episode. But the first thing that
Speaker 1: we want to make sure that you know is that
Speaker 1: we will not give any spoilers throughout this episode. I
Speaker 1: personally have only watched the first three episodes and so
Speaker 1: I actually, personally I am unable to revealing the spoilers. Joel,
Speaker 1: on the other hand, as who I'm gonna have to
Speaker 1: keep my an eye on during this episode. So not
Speaker 1: only when I have tens of thousands of people virtually
Speaker 1: angry with me, but I would also have one person
Speaker 1: who's in the room with me very So yeah, we
Speaker 1: will avoid any of those spoilers. While we're trying to
Speaker 1: our best to kind of say, hey, there's a lot
Speaker 1: of money lessons to be gleaned from the show, but
Speaker 1: just a warning, I do want to say that we
Speaker 1: are going to talk about the show, and so if
Speaker 1: you don't want to know about what the show is
Speaker 1: about at all, then you know, maybe it is worth
Speaker 1: it for you to hit pause, save this one for later.
Speaker 1: Maybe until you've watched any of the episodes, or maybe
Speaker 1: you're halfway through and you want to finish it, come
Speaker 1: back after episode one at least, then sure, because we
Speaker 1: will we all will have to cover at least we're
Speaker 1: some of that. We're talking through mostly the episode of one,
Speaker 1: to be honest, but really we're not giving much more
Speaker 1: away than what you had had seen in like the
Speaker 1: trailer for the show. Things like that. Oh and also
Speaker 1: I wanted to mention that you do not have to
Speaker 1: be a Squid Game fan in order to listen to
Speaker 1: this episode and learn something valuable from it when it
Speaker 1: comes to your personal finance. It certainly helps because some
Speaker 1: of the illustrations we're gonna give are connected to the show.
Speaker 1: But if you're one of the few folks who haven't
Speaker 1: yet seen anything about The Squid Game, we just wanted
Speaker 1: you to know that it is not a prerequisite. That
Speaker 1: being said, I've watched the whole thing and I think
Speaker 1: it's a great show, and I recommend it if if
Speaker 1: you're okay with violence it does. That is true us
Speaker 1: amounts of violence Quentin Tarantino style violence, because it's not
Speaker 1: like which I will say, I sometimes get a little
Speaker 1: squeamish at to me, I still really enjoyed the show.
Speaker 1: I'm not super into violent movies or television shows, but
Speaker 1: this one I thought was still worth watching. Yeah, we
Speaker 1: don't enjoy it for the gore, but it is a
Speaker 1: big part of the show. But aside from that, the
Speaker 1: show is so so good. I'm sure you're ready to
Speaker 1: watch the I really am, like I'm I'm so ready
Speaker 1: to dive into episode for all right, Well, before we
Speaker 1: get to the topic at hand, let's talk Matt real quickly.
Speaker 1: I wanted to mention I recently had to figure out
Speaker 1: what I was gonna do with health insurance because, as
Speaker 1: everybody knows, I think most how the money listeners know,
Speaker 1: I left my day job earlier this year, and I
Speaker 1: because of just really good luck and fortune, I was
Speaker 1: on my previous employers healthcare through Cobra, and then the
Speaker 1: federal government made those Cobra healthcare plans free for a
Speaker 1: few months, which I was like, oh my gosh, that
Speaker 1: was just you know, money falling out of the sky
Speaker 1: there that I did not expect. But now that is over,
Speaker 1: that's done with, and so I had to kind of
Speaker 1: take a look around and I looked at healthcare dot gov,
Speaker 1: trying to see, Okay, what would a health care plan
Speaker 1: here cost my family? It turns out not a whole
Speaker 1: lot of money. I mean, well, it depends on how
Speaker 1: you can find a lot of money. It was a
Speaker 1: lot of money, but it wasn't as bad as maybe
Speaker 1: I thought it might have been. But yeah, I know
Speaker 1: you had had a great experience with meta share. You
Speaker 1: even wrote right an article about it on our website
Speaker 1: years ago, which you recently updated health sharing plan. Yeah,
Speaker 1: and so I looked into meta share too, and it
Speaker 1: turns out that's where my family and I went. We
Speaker 1: decided that that was the best rate with the best coverage.
Speaker 1: And it's important to note that these health sharing ministries,
Speaker 1: these health sharing companies, um some of which are completely
Speaker 1: Christian based, some are based around other religions, some are
Speaker 1: very loosely or not at all based around anything to
Speaker 1: do with with faith. But mena Share for us seemed
Speaker 1: like it had just the best, uh the lowest premium
Speaker 1: amount with kind of the best history and coverage options. Uh.
Speaker 1: So that's that's where we went. And now we've joined
Speaker 1: you and your family on on that meta share bandwagon.
Speaker 1: That's right, paying something like two fifty a month, which
Speaker 1: is incredibly affordable for a family our size, and honestly too,
Speaker 1: just at the ages that Kate and I are at,
Speaker 1: that you and Emily are at, it's just an incredibly
Speaker 1: affordable way to make sure that we are covered when
Speaker 1: it comes to our health care. But again, and I've
Speaker 1: you know, wrote about this, but there are a few
Speaker 1: things about health sharing that not everybody is going to
Speaker 1: be on board with. You kind of have to weigh
Speaker 1: those pros and the cons and decide what's best for you.
Speaker 1: But we'll make sure to link to that article within
Speaker 1: our show notes. Yeah, and some like I said, they
Speaker 1: all have like different requirements and it's worth looking into
Speaker 1: the different health sharing companies to see which one might
Speaker 1: fit best for your fan. But well, we'll link to
Speaker 1: an article that explains the way a few different ones work.
Speaker 1: I think is a really helpful explainer, and then we'll
Speaker 1: also linked to Matt's article about Meta Share in the
Speaker 1: show notes. But I just want to let people know
Speaker 1: that's where I'm at now, and uh, for our family,
Speaker 1: it's definitely gonna be a big money saver. On on
Speaker 1: the other side of the boat, though, Matt, we do
Speaker 1: have to have more money set aside in our savings
Speaker 1: because you do. Yeah, we're we're basically covering full freight
Speaker 1: all of our healthcare costs up until the first twelve
Speaker 1: thousand dollars a year, which is which is a lot.
Speaker 1: And that's what we're on. I mean, that's how you
Speaker 1: say the most money self insuring to our every single month, exactly.
Speaker 1: All right, Let's go ahead and mention the beer that
Speaker 1: you and I are enjoying on this episode. You pick
Speaker 1: these up, and I'm actually surprised, and we'll talk about
Speaker 1: why at the end of the episode when we share
Speaker 1: our thoughts on these beers. But we are enjoying Alpha Abstraction,
Speaker 1: which is a double I p A by Wild Leap
Speaker 1: Craft beer. But enough of that for now. Let's go
Speaker 1: ahead and get to the episode. Let's let's do it.
Speaker 1: Let's start talking about squid Game and the money lessons
Speaker 1: that you can learn from watching that show. And I
Speaker 1: was surprised because I've been hearing the buzz about about
Speaker 1: this show and I was like, well, I totally want
Speaker 1: to check it out. I love dystopian style content, and yeah,
Speaker 1: it turns out this has really been a breakout show
Speaker 1: for Netflix. They recently announced that Squid Game is worth
Speaker 1: more than nine million dollars to their company, which I
Speaker 1: thought was really impressive. And apparently this series actually it
Speaker 1: costs Netflix less than one Dave Chappelle stand up special. Seriously, yeah,
Speaker 1: I found that hard to believe. That's like they paid
Speaker 1: Dave like twenty four million, and they paid like and
Speaker 1: to get Squid Games like twenty one million. So obviously
Speaker 1: they have gotten their investment back and more. At this
Speaker 1: point in time, two thirds of all Netflix subscribers have
Speaker 1: actually watched Squid Game at this point too. And so yeah,
Speaker 1: while while Netflix doesn't release all of the streaming details
Speaker 1: for shows and movies that they create or partner with,
Speaker 1: it gives you a sense of just how big how
Speaker 1: gargantu in this show has been around the world since
Speaker 1: it was released in mid September. And like I said,
Speaker 1: I personally really love the show, love dystopian stuff. But
Speaker 1: we're going to try and extrapolate some lessons that were
Speaker 1: just easily discernible. I remember thinking this Matt in episode one, like,
Speaker 1: oh my gosh, I feel like we have to talk
Speaker 1: about squid Game on the show now. There's just so
Speaker 1: much stuff in here. That relates to personal finance. Again,
Speaker 1: we're gonna try to not dive too deep into the
Speaker 1: plot lines if you haven't seen it yet, but if
Speaker 1: you're a money nerd and you're paying close attention while
Speaker 1: watching the show, you'll notice that there were some really
Speaker 1: impactful money lessons that are work discussing. That's what Matt
Speaker 1: and are going to do today exactly. And again, most
Speaker 1: of the lessons we are going to discuss are mostly
Speaker 1: from episode one, so rest assured that we're not going
Speaker 1: to spoil the entire series for you. But who knew
Speaker 1: that you'd be able to learn all the things that
Speaker 1: you should and shouldn't do from watching a Korean drama,
Speaker 1: well specifically actually the things that you shouldn't be doing
Speaker 1: with your money. But as we are recording this right now,
Speaker 1: Squid Game was the number one show in ninety four
Speaker 1: different countries. It's been, you know, like Joel, like you said,
Speaker 1: it's been Netflix's biggest hits ever by a long shot.
Speaker 1: But even still, we felt like it was lacking a
Speaker 1: little bit. Let's be honest, you know, the only thing
Speaker 1: missing from Squid Game is too nerdy money dudes digging
Speaker 1: deep to get money lessons out of it. I'm sure
Speaker 1: Netflix is reaching out to us as we speak. Oh yeah,
Speaker 1: we've got to about the inc our own deal and
Speaker 1: who does this might be something that we do on
Speaker 1: a regular basis. That kind of depends on, you know,
Speaker 1: what the next streaming hit is, but it also depends
Speaker 1: to on how much is money a part of the
Speaker 1: plot line. But for Squid Game in particular, we thought
Speaker 1: that there were just too many money red flags just
Speaker 1: popping up while we were watching this to not create
Speaker 1: an episode. I'm about it. So let's go ahead and
Speaker 1: dive in. Let's do it. Okay, So the first money
Speaker 1: lesson occurs really within the first few seconds of the
Speaker 1: first episode, right immediately, and it stuck out in my
Speaker 1: mind like so many of these do do. And uh,
Speaker 1: it's the maximum spend money while you've got it. This
Speaker 1: mentality is pervasive in Squid Game, but specifically with the
Speaker 1: main character song Gi hunt and apologize in advance for
Speaker 1: pronunciation issues. Actually, oh, by the way, did you watch
Speaker 1: when you watched it, we never talked about this. Did
Speaker 1: you watch it with English subtitles or did you watch
Speaker 1: the English version the English subtitles? For sure? Okay, I
Speaker 1: heard that. Actually make sure you have it on English
Speaker 1: subtitles and not the closed caption English, which is evidently
Speaker 1: a very poor translation. Okay, yeah, no, I I actually
Speaker 1: love foreign films and and so I'm I'm used to
Speaker 1: watching things with subtitles. My wife is like, na, I'm
Speaker 1: not going to do that. So I watched the Squid
Speaker 1: Game alone. Dude, I would even turn subtitles on with
Speaker 1: uh ted lasso sometimes because let's be honest that that
Speaker 1: Midwestern accident was hard to understand. Yeah, obviously at times,
Speaker 1: obviously Roy Kent's accent, but there are times what I
Speaker 1: literally couldn't figure out what he was saying some of
Speaker 1: the books in the bar. I was like, that's true,
Speaker 1: that's true. But yeah, And like we said, the main
Speaker 1: character Songy Hunt, in fact, he actually literally says something
Speaker 1: along these lines that spend money while you've got it
Speaker 1: during the first scene of the show. Basically he says,
Speaker 1: what's the point of saving money when he's never able
Speaker 1: to get ahead? And so instead of that, let's just
Speaker 1: enjoy enjoy the money. Now, live life to the fullest
Speaker 1: while you have that money. That that short lived period
Speaker 1: of time. And of course this is a huge character
Speaker 1: flaw with the Ma character that you're presented with at
Speaker 1: the very outset of the show. But this is also
Speaker 1: just a massive problem when it comes to how so
Speaker 1: many people handled their finances today. There's this you know, yolo,
Speaker 1: you only live once element when it comes to that
Speaker 1: money approach, and it's bound to, as it does in
Speaker 1: this show, lead to some really awful consequences in the end. Yeah,
Speaker 1: certainly aligns with the line that we all know from
Speaker 1: the philosopher Dave Matthews, he'd drink and be merry for
Speaker 1: tomorrow we die. Did you ever listen to Dave the day?
Speaker 1: I totally was was into him? Oh yeah. But you know,
Speaker 1: I love though that this was the first lesson that
Speaker 1: we we get introduced to in the show, because it's
Speaker 1: often the first challenge that we encounter as individuals when
Speaker 1: we're faced with an issue with like limited resources or
Speaker 1: limited money. Right. Like I remember, specifically as a kid,
Speaker 1: my grandma buying my cousin and I both a pack
Speaker 1: of a gun at the grocery store. Like we each
Speaker 1: got to pick out which flavor we wanted. Uh, and
Speaker 1: no joke, I'm pretty sure that I true through my
Speaker 1: entire pack that afternoon while my cousin Adam had his
Speaker 1: for the rest of the weekend. So like, I bring
Speaker 1: that up because we can all think back to purchases,
Speaker 1: maybe that we made as kids, or maybe while we
Speaker 1: were in college, even as adults, to be honest, that
Speaker 1: we regret. Right in the moment, it seemed like it
Speaker 1: was the right choice for us to make. But when
Speaker 1: we're driven by our immediate appetites and we don't give
Speaker 1: much or any thought at all to the consequences, were
Speaker 1: bound to be disappointed. Okay, I always point back to
Speaker 1: my second Dreamcast purchase, and it was a It was
Speaker 1: a fine system. I bought it used from a friend
Speaker 1: and I was like, sweet, I'm getting a deal getting
Speaker 1: all the games at once, because buying each game was
Speaker 1: too expensive I could I couldn't afford it, and the
Speaker 1: package deal. I got the package deal. But what I
Speaker 1: really wanted and what I really should have done, was
Speaker 1: saved up for the newer gaming system that all my
Speaker 1: other friends were playing, and I cheaped out. And that is,
Speaker 1: I will say, a consistent character flaw with me. I
Speaker 1: have been working to remedy for a long time. Thus
Speaker 1: frugal or cheap exactly again. But yeah, another aspect of
Speaker 1: the first scene is the fact that there is an
Speaker 1: unhealthy parent child relationship, and this, uh, we we see
Speaker 1: starkly at the very beginning, and it definitely plays out poorly,
Speaker 1: not just in how the son and the mom interact,
Speaker 1: but when it comes to how they talk about money.
Speaker 1: It's obvious again that the main character song he lives
Speaker 1: with his mom and he depends on her for a
Speaker 1: roof over his head, for money and for food, and
Speaker 1: but at the same time he's a very grown man
Speaker 1: and his over reliance on his mom to bring home
Speaker 1: the bacon on his behalf has actually created some real
Speaker 1: animosity between the two of them. And so, needless to say,
Speaker 1: it's easy for poor money habits to create unhealthy ways
Speaker 1: of interacting with the people that you're closest to. We
Speaker 1: see this clearly, uh in the first few minutes of
Speaker 1: this show, and it's one of those things that for
Speaker 1: our listeners we want to make sure you're aware of,
Speaker 1: because it's really easy to let unhealthy money habits actually
Speaker 1: hurt the relationships of the people that you're closest to. Yeah,
Speaker 1: and actually we just read west Moss's book in preparation
Speaker 1: for his interview next on money and happiness, so you
Speaker 1: can actually keep an eye out for that episode coming
Speaker 1: up on Monday. But in his research, he found that
Speaker 1: the happiest retirees live near their kids, not with them,
Speaker 1: and so if you live near your adult kids, you're
Speaker 1: likely going to be five times happier as a retiree.
Speaker 1: And he found sharp declines in happiness during situations where
Speaker 1: the kids actually had to move back home and we're
Speaker 1: at least somewhat dependent on their parents. And then, you know,
Speaker 1: just like we talked with Liz Frasier last week, it's
Speaker 1: so incredibly important to work towards raising children who are
Speaker 1: financially savvy and you know, can set out on their own.
Speaker 1: We're just not going to be doing anyone in any
Speaker 1: favors by coddling our kids. Uh And as children ourselves,
Speaker 1: we didn't make sure that we're being self sufficient to
Speaker 1: and not being overreliant on our parents. Not only does
Speaker 1: that keep us from our full potential, but it's going
Speaker 1: to decrease uh, their abilities to get ahead and be
Speaker 1: happy as well. Yes, yes, Matt, but this is really
Speaker 1: just kind of the tip of the iceberg when it
Speaker 1: comes to the money lessons that we can lean from
Speaker 1: the hit show, the wonderful show that is Squid Game.
Speaker 1: And we have a lot more thoughts that we want
Speaker 1: to share. We'll get to those right after this break. Alrighty,
Speaker 1: we're back from the break. We're talking about the different
Speaker 1: money lessons that we can learn from Squid Game. And Joel,
Speaker 1: you mentioned that this wasn't a show that you could
Speaker 1: get Emily on board with. Somehow I was able to
Speaker 1: rope Kate in because she was there right when it
Speaker 1: flipped on, and the first scene was them eating and
Speaker 1: there's Korean food and obviously I'm well, I don't know
Speaker 1: if it's obvious, I'm half Korean. Uh. And we eat
Speaker 1: a decent amount of cream food here in our house. Uh.
Speaker 1: And so Kate was like, oh, there's you know, there's Kim.
Speaker 1: She there's rice, and I'm like yeah, and that's what
Speaker 1: hooked her in. Well, that's what that's what allowed her
Speaker 1: to give it a chance. And of course it's not
Speaker 1: her favorite, but we haven't able to watch it together.
Speaker 1: But so so Joel, like, right before the break, we
Speaker 1: were talking about the you know, the unhealthy relationships there
Speaker 1: between a character and his mom. Well, you know, we're
Speaker 1: talking about songs specifically, one of the one of the
Speaker 1: things that song does to cement the fact that things
Speaker 1: are broken between him and his mom, he steals money
Speaker 1: from her, which is, first of all, that's bad enough,
Speaker 1: you know, on its own, but then he uses that
Speaker 1: money to satisfy his gambling fix, just just to show
Speaker 1: exactly how rough that relationship has gotten. When you're stealing
Speaker 1: money from your parents, that there's a lot of damage done. Yes, yeah,
Speaker 1: And so that's gonna be our next money lesson that
Speaker 1: we can learn from squid Game. Uh, and that is
Speaker 1: that gambling, well at least doing so regularly, isn't good.
Speaker 1: We actually talked about this recently because we're seeing a
Speaker 1: huge rise in online sports gambling. It seems fun and
Speaker 1: innocent and maybe drop twenty bucks on your favorite team
Speaker 1: or a specific player or even a play. Can't she
Speaker 1: even bet on specific plays? Now? I think I think
Speaker 1: it has gotten to that point. Um, but the instant
Speaker 1: access to gambling apps on our phones makes it even
Speaker 1: more engaging than ever, and the downsides, we believe, can
Speaker 1: be pretty severe. It's best to stay away altogether, in
Speaker 1: particular if you have a hard time sitting boundaries, and
Speaker 1: it's not something that you struggled with in the past. Yeah,
Speaker 1: Matt and I were not teetotalers by any stretch. I
Speaker 1: mean we especially when it comes to all we but
Speaker 1: we still believe, even though we drink a beer on
Speaker 1: every episode, that you should do it in extreme moderation
Speaker 1: because five beers is a whole lot different than one
Speaker 1: or two beers, right, and it affects you differently. And
Speaker 1: the same thing is true with gambling. Exactly what you
Speaker 1: said about gambling on the leg. That's that's what we're
Speaker 1: specifically taking issue with here. It's the fact that it
Speaker 1: appears that the main character song he doesn't really have
Speaker 1: a job. He depends on gambling to try and help
Speaker 1: support his mom and himself. He's hoping that the next
Speaker 1: big win is gonna come along any seconds, just waiting
Speaker 1: for his big break. Yeah, and it's like, I know
Speaker 1: it's gonna come at some point. I know that the
Speaker 1: second horse in the third race is is gonna actually
Speaker 1: pull through like I thought they would. And it turns
Speaker 1: out that that is usually almost always an illusion. And yeah,
Speaker 1: there's actually reference to a job that he has, but
Speaker 1: you actually never see him in the show working. It's
Speaker 1: not it doesn't seem like it's a part of his character,
Speaker 1: Like he's not you know, like just do like grinding
Speaker 1: it out, working hard for a page. That's just not
Speaker 1: a part of who he is. He's just always looking
Speaker 1: for that that quick fix, the easy big score, and
Speaker 1: so yeah, he's looking for the quick shortcut, and you'd
Speaker 1: rather chance it then instead of putting the effort into
Speaker 1: earn a respectable living wage and showing up the work
Speaker 1: on time. And so yeah, even when the time comes
Speaker 1: for him to buy someone a gift later in an episode,
Speaker 1: instead of going to the store and buying something like
Speaker 1: a normal human being, he ends up risking all of
Speaker 1: the money that he has in chance of winning this
Speaker 1: bigger gift. So it just kind of shows how gambling
Speaker 1: has taken him over as a human being. Really yeah,
Speaker 1: you know. And interestingly, there's a point in that first
Speaker 1: episode two where Song he's playing this game and he's
Speaker 1: basically being trained to want to take on even more
Speaker 1: risk in the future. He gets a small taste of
Speaker 1: a prize so that he's willing to risk even more
Speaker 1: down the road. And even though that pertains most directly
Speaker 1: to our gambling listen, here there seems to be a
Speaker 1: valuable takeaway when it comes to the small ways, the
Speaker 1: different sub subtle ways that are actually not so subtle
Speaker 1: ways that companies are able to kind of get their
Speaker 1: hooks in us so that we become even more beholden
Speaker 1: to either the products or the services that they sell.
Speaker 1: Like it makes it makes me think of like the
Speaker 1: free samples at Costco. Right, Like you're walking along, you
Speaker 1: feel like you're pulling one over on them because you're
Speaker 1: just like, oh, I'm just hopping from station to station
Speaker 1: and they're you know, they're staying there and they're like, oh,
Speaker 1: you like the taste of those coin chips and that sausa.
Speaker 1: There's plenty more where that came from. Before you know
Speaker 1: what you're walking out with like a you know, a
Speaker 1: palette full of chips. I know. Yeah, You're like, little
Speaker 1: do you know I just got a free lunch? And
Speaker 1: they're like no, no, no no, little do you know you
Speaker 1: just bought three bags of chips? Yeah? Little do you know?
Speaker 1: You're never going to end your costco membership? And that
Speaker 1: is how they make the bulk of their money. Yeah,
Speaker 1: it's funny, man, Like this specific instancy you're referring to
Speaker 1: that happens in episode one. It's one of those things
Speaker 1: that it didn't really register in the same way with
Speaker 1: me as it did with you. But when you pointed out,
Speaker 1: I was like, oh, yeah, that's brilliant. He's kind of
Speaker 1: he is being trained. He's being groomed in a small
Speaker 1: way too. And and that's exactly what's happening when you're
Speaker 1: scrolling Instagram. Even the first time you see an ad
Speaker 1: for a company, you be like, okay, cool, whatever, But
Speaker 1: the fifth, sixth time, twelfth time, you're like, what's going
Speaker 1: on here, and you just at some point you respond
Speaker 1: to that stimulus. And so I think it's really important
Speaker 1: for us to guard the things that are entering our
Speaker 1: our smartphones, to guard the things that are entering our
Speaker 1: brain because in so many ways, I feel like advertisers
Speaker 1: are trying to groom us for that big purchase too. Totally. Yeah.
Speaker 1: I mean, this is what they do, right, advertisers and marketers.
Speaker 1: They're professionals at getting us to buy their things. I mean,
Speaker 1: it even makes me think of something as innocuous as
Speaker 1: uh today, free shipping. When that first came on the scene,
Speaker 1: and it was like, oh my gosh, this is amazing,
Speaker 1: Like free shipping and I get it in two days.
Speaker 1: And now as we've seen that, you know that window
Speaker 1: of time, that's something well it kind of depends now
Speaker 1: with like the shipping delays and whatnot. But we get
Speaker 1: used to certain standards and we have this we we
Speaker 1: almost make this unconscious decision that we can't live without
Speaker 1: this thing anymore. Uh, and then we are willing to
Speaker 1: go through great lengths and pay high prices in order
Speaker 1: to maintain that certain level of living. So yeah, we
Speaker 1: felt that most directly to to the gambling lesson and
Speaker 1: how he was being groomed to continue to game. But
Speaker 1: but we certainly feel like you need to keep that
Speaker 1: in mind when it comes to what it is you
Speaker 1: purchase in our own consumption habits. So there's this new
Speaker 1: startup in New York City, matt that is doing grocery delivery.
Speaker 1: And you might have thought that, like Instacart was doing
Speaker 1: a great job and they had a down pat although
Speaker 1: I don't really use the grocery delivery services, but this
Speaker 1: this company apparently is trying to do it in fifteen
Speaker 1: minutes or less. I think they're joker. And apparently, at
Speaker 1: least in Manhattan, they're they're being mostly successful right now.
Speaker 1: So it's one of those things where you're right, like
Speaker 1: the window just keeps closing. What we want just continues
Speaker 1: to increase exponentially, and at some point you gotta cut
Speaker 1: it off. It's you know, what's next four minute grocery delivery.
Speaker 1: I mean, yeah, good good luck. And but yeah, another
Speaker 1: lesson really that we learned from watching squid Game was
Speaker 1: that's important to be generous even when you don't have
Speaker 1: much money. And there's this like interesting little tidbit where
Speaker 1: a character gives away some money to somebody else and
Speaker 1: then later he asked for them money back. Shortly thereafter. Yeah,
Speaker 1: he goes racing back and he's like, wait a second,
Speaker 1: I gave you money, and actually I didn't. I couldn't
Speaker 1: do that. I need I need it back. And it's
Speaker 1: not that he didn't want to be generous. It seems
Speaker 1: like he did, but in this specific situation, something unexpected
Speaker 1: happened and then he was like left in an awkward
Speaker 1: scenario where he needed that cash. And so, yeah, the
Speaker 1: main takeaway here is that you don't have to be
Speaker 1: rich in order to be generous. You can, and you
Speaker 1: you really should start putting money where your priorities are
Speaker 1: right now in terms of how you give some of
Speaker 1: it away. Sometimes the most generous people are the ones
Speaker 1: who have the least amount of money to give. I've
Speaker 1: experienced that, Matt time and time again that sometimes the
Speaker 1: people with the most money are the stingiest and they
Speaker 1: don't give away a huge proportion of their income. And
Speaker 1: sometimes people with very little uh to give are willing
Speaker 1: to give you anything they have um And so, yeah,
Speaker 1: what we would say is be generous, don't go into
Speaker 1: debt being generous, but don't neglect philanthropy all together until
Speaker 1: you reach financial independence. I think that can be a
Speaker 1: tendency sometimes of people who are hyper money conscious. There's
Speaker 1: something you just massively important about giving money away now,
Speaker 1: and it doesn't just benefit others, but it puts money
Speaker 1: in its proper place in your life too. I think
Speaker 1: that's that's one of the biggest check marks in the
Speaker 1: in the box of deciding to give at least a
Speaker 1: portion of the money that you make away to other
Speaker 1: people and other organizations that you care about. Sure, yeah,
Speaker 1: and you know, there's a massive difference too, between feeling
Speaker 1: like that you're wealthy or or that you're rich and
Speaker 1: actually being wealthier rich, right uh. And in that moment,
Speaker 1: this character he felt like he was wealthy, and so
Speaker 1: he gave out of the you know, the abundance of
Speaker 1: that emotional high. But as we know, oftentimes our emotions
Speaker 1: can be deceptive and we might be making a decision
Speaker 1: based on something that isn't completely grounded in reality. I'm
Speaker 1: going to say all those two because at the same time,
Speaker 1: I feel like this is tricky because there are times
Speaker 1: when you have to trust our You gotta trust your gut, right,
Speaker 1: like all things being equal, and you have to choose
Speaker 1: between two options. You know which one are you gonna
Speaker 1: go with? Those are times when someone would say, well,
Speaker 1: you gotta kind of go with your gut, right. But
Speaker 1: especially when it comes to being generous, I think there
Speaker 1: are very few of us who have the problem of
Speaker 1: giving too much of our money away, right. Yeah. It's like, hey,
Speaker 1: I don't have enough money in savings because I was
Speaker 1: just so freaking generous last mom. Never heard anybody say
Speaker 1: that ever, I mean literally ever in my life. And
Speaker 1: so that's why just creating a plan to give away
Speaker 1: just say a percentage of your income is what we
Speaker 1: would recommend because guess what, its scales with your income,
Speaker 1: and it removes the temptation to want to cling onto
Speaker 1: just all that is yours, right, And so I love
Speaker 1: the idea of being able to predetermine something ahead of
Speaker 1: time when you don't necessarily have your emotions maybe perhaps
Speaker 1: clouding your judgment, uh, and then basing your actions in
Speaker 1: the future based on what you've previously decided. It's kind
Speaker 1: of like a budget. Yeah. A lot of people give
Speaker 1: in the moment because they're product to give, and they're
Speaker 1: like they either say, wait, I didn't actually have the
Speaker 1: money to do that, or they say that, well, that
Speaker 1: wasn't actually the cause I wanted to support, And we agree,
Speaker 1: like taking a step back, deciding how much you're going
Speaker 1: to give head of time, and then funneling that money
Speaker 1: in those directions, not just deciding in the moment, uh
Speaker 1: is the best way to go. And it's okay to
Speaker 1: give spontaneously, but you want to make sure you budgeted
Speaker 1: for that too, And so all right. Another money lesson
Speaker 1: that we learned watching squid Game was that a lack
Speaker 1: of money doesn't equate to moral failure. And our society,
Speaker 1: Matt as a whole, we glorify money. We love to
Speaker 1: talk about the richest people in the world. There's a
Speaker 1: list is in the headlines a lot, Yeah Bezos, Elon Musk,
Speaker 1: and it's like, who's the kingpin now? And I get
Speaker 1: tired of seeing those headlines. We we as a society,
Speaker 1: were pushed the glitz, the glamour, the celebrity, and money
Speaker 1: is a huge part of that. We either make the
Speaker 1: most successful among us into heroes or villains. Like Amazon
Speaker 1: on its way up. It's like, look at this company.
Speaker 1: It's the big upstart. It's gonna knock off Walmart. How
Speaker 1: cool is this. It's gonna it's super techy and it's
Speaker 1: gonna make all of our lives easier. And now it's
Speaker 1: like world's richest man going into space. He's the worst
Speaker 1: image all over their bashion Prime delivery, right. But but like, really,
Speaker 1: when it comes down to it, I don't want to
Speaker 1: glorify or demonize Jeff Bezos, but having money, what we
Speaker 1: have to realize is that it doesn't make you a
Speaker 1: better or worse human being. There are certainly many characters
Speaker 1: in the show with severe moral flaws, but there are
Speaker 1: also some incredibly kind and generous characters in the show
Speaker 1: who ended up in dire financial circumstances that were had
Speaker 1: nothing to do with making poor choices. And so you know,
Speaker 1: what we would say is that poverty, it's not a
Speaker 1: moral failure. It truly is just a lack of money
Speaker 1: in our society. That's not always the message that we get,
Speaker 1: but it's something that we think is incredibly true, and
Speaker 1: it's yeah worth mentioning. And actually, there is this recent
Speaker 1: paper on poverty from the National Bureau of Economic Research,
Speaker 1: and it showed that access to better jobs or folks
Speaker 1: who are living in impoverished conditions that largely reduces poverty.
Speaker 1: So it's important to note that there are problems on
Speaker 1: a societal level that need to be addressed, and it's
Speaker 1: important for us to ask ourselves what kind of society
Speaker 1: do we want to live in. There's no need to
Speaker 1: demonize anyone in particular in order to create meaningful fixes.
Speaker 1: But at the same time, when someone like Warren Bufett
Speaker 1: talks about paying a smaller percentage of tax than his secretary,
Speaker 1: you know, I feel like it's worth considering how it
Speaker 1: is our tax system functions, and if it's doing what
Speaker 1: we wanted to, it's worth reconsidering how does our government
Speaker 1: is currently functioning and if it's doing a good job
Speaker 1: playing the roles that we wanted to when you zoom out,
Speaker 1: there's a lot on the societal level that we should
Speaker 1: re examine as well. Yeah, man, I think if you
Speaker 1: were to take a poll, people on both sides of
Speaker 1: the aisle would say the current current tax system, the
Speaker 1: current way things are set up not ideal. You wouldn't
Speaker 1: have a lack of people that have problems with the
Speaker 1: current construction of things. But one of the most important
Speaker 1: elements of the show squid Game is debt. There's a
Speaker 1: whole lot of commentary, there's a whole lot that we
Speaker 1: can glean and talk about based on the role that
Speaker 1: debt plays in the show. And so, yeah, we've got
Speaker 1: stuff that we want to talk about on that front
Speaker 1: and more right after this. All right, we're back from
Speaker 1: the break. We're talking about squid Game. And anybody who's
Speaker 1: already seen even a single episode of squid Game probably
Speaker 1: can't believe that we haven't talked about debt yet, because
Speaker 1: it is so fundamental and so crucial and so at
Speaker 1: the center of how the storyline even exists. So let's
Speaker 1: get to that overarching lesson that we can all learn
Speaker 1: from squid Game, which is that debt can ruin your life.
Speaker 1: This message comes across loud and clear, uh, and the
Speaker 1: you know, the whole reason that folks have entered this
Speaker 1: dystopian world is because of the money trouble that they're in.
Speaker 1: And anyone who has ever been in copious amounts of
Speaker 1: debt in their own life knows that at a certain
Speaker 1: point that debt begins to cloud almost every interaction, every
Speaker 1: choice that you make. It's proven that debt even makes
Speaker 1: you dumber as well as that's show that an influx
Speaker 1: of debt can drop your i Q by about twelve points,
Speaker 1: owing credit card companies, owing student loans, a car payments,
Speaker 1: not having enough money to cover just even all those
Speaker 1: monthly bills. That just becomes as much of a mental
Speaker 1: problem as it is a money one. Those stresses weigh
Speaker 1: on us. And so it's not going to guarantee that
Speaker 1: you'll necessarily go down the squid Game path, but it's
Speaker 1: sure going to mess with your brain, and that's something
Speaker 1: that you want to make sure that you avoid. Fortunately,
Speaker 1: this is fictional, and you're right. I hope, I hope
Speaker 1: nobody ever goes down the actual squid Game path. But yeah,
Speaker 1: you're right, Matt, like, debt is an enormous burden for
Speaker 1: tens of millions of Americans, and living under that weight,
Speaker 1: it can be brutal over time. And so, you know,
Speaker 1: one of the other things that made me think was
Speaker 1: that where you go to get debt matters. If we've
Speaker 1: talked in the past about the difference between good debt
Speaker 1: and bad debt, how getting a mortgage to buy a
Speaker 1: home or taking out a small amount of student loans,
Speaker 1: both of those are okay in our book. You don't
Speaker 1: want to take on hundreds of thousands of dollars to
Speaker 1: get a philosophy degree from your state university. But yeah,
Speaker 1: in the in the show song, the main character in
Speaker 1: squid Game, he actually gets money from loan Sharks in
Speaker 1: order to fuel that gambling addiction that we spoke about earlier.
Speaker 1: He's hoping to strike it rich right in order to
Speaker 1: pay that loan off. And then he's like, you know what,
Speaker 1: I'll probably win enough to provide for my family. At
Speaker 1: the same time, I'll just do it this once. It's
Speaker 1: gonna be all good. I doubt that any how, the
Speaker 1: money listeners are visiting loan Sharks, but uh, you know,
Speaker 1: where you hopefully not, but like, really, when it comes
Speaker 1: down to it, where you go to take on debt
Speaker 1: matters in a big way because the modern day loan
Speaker 1: sharks are actually pay day lenders. They're title loan companies,
Speaker 1: which you see commercials for. They charge exorbitant rates of
Speaker 1: interest the rent to own places. They're just as bad
Speaker 1: saying like, come in here, get this TV for this
Speaker 1: many payments over this many years, and it turns out
Speaker 1: you pay three or four times as much for a
Speaker 1: television as you would if you were to go buy
Speaker 1: cash at a local electronics store. And these companies prey
Speaker 1: on people who are in need, they often create much
Speaker 1: greater levels of initial distress in the end, and there
Speaker 1: are so many better paths to go down, including seeking
Speaker 1: help from local religious organizations or nonprofits where you live
Speaker 1: patient advocates. If medical debt is the problem that you're facing,
Speaker 1: or borrowing money from your local credit union. It's just
Speaker 1: important to note that where you go to get your
Speaker 1: debt matters a whole lot. And even though we don't
Speaker 1: think you're gonna go to the worst possible place, there's
Speaker 1: still a sliding scale of good versus bad places to
Speaker 1: go When you are taking on debt, even for a
Speaker 1: good reason. Sure, I mean honestly, even like going with
Speaker 1: the credit card is going to be better than going
Speaker 1: to like a paida alone. And that's not something we
Speaker 1: would ever tell you to do. Like we're never gonna say, hey,
Speaker 1: get a credit card and pay interest on that. We
Speaker 1: don't ever want you to do that. But compared to
Speaker 1: the rates that payday lenders are charging, I mean, the
Speaker 1: average interest rate is were to annualize that and compare
Speaker 1: it to an actual credit card. And so even though
Speaker 1: those lenders aren't like physically beating you up in order
Speaker 1: to get their money back, it does feel criminal that
Speaker 1: they're able to charge that much money compared to some
Speaker 1: of the other options that are out there. And so
Speaker 1: another less and we wanted to share from squid Games
Speaker 1: that debt doesn't discriminate based on your income. And Okay,
Speaker 1: so let's talk We've been talking a lot about song, Uh,
Speaker 1: the main character. There's this other main character who works
Speaker 1: in investment banking. He's made a ton of money for years. Uh,
Speaker 1: and given his occupation, you would think that he would
Speaker 1: be well acquainted to maybe the surefire ways to grow
Speaker 1: his wealth over the years but instead he got into
Speaker 1: risky investment vehicles. He lost a lot of his money,
Speaker 1: and he went into debts because he invested unwisely. Let's
Speaker 1: just say he definitely wasn't going on the low cost
Speaker 1: index fund route. Uh, he hadn't heard of Jack vocal
Speaker 1: I guess no doesn't. Well like he doesn't. He does
Speaker 1: exist and care of a not in this dystopian world.
Speaker 1: But there are some methods of investing that are much
Speaker 1: more like gambling than folks want to admit. Uh. And
Speaker 1: just because you're putting money in the stock market, that
Speaker 1: doesn't make you an investor per se, because methods of
Speaker 1: speculation like day trading options, trading, uh, even trading in
Speaker 1: foreign currency, these are all incredibly risky. So just because
Speaker 1: you've got a great income, just because you make a
Speaker 1: lot of money, that doesn't mean that you can't fall
Speaker 1: prey to pour money choices as well. Yeah, Matton, And
Speaker 1: one of the things we've seen, we've seen more and
Speaker 1: more statistics of people who are earning a hundred thousand
Speaker 1: dollars or more claiming that they're living paycheck to paycheck.
Speaker 1: And in fact, a recent survey found that sixty percent
Speaker 1: of millennials who make more than a hundred thousand dollars
Speaker 1: a year say that they wouldn't be able to pay
Speaker 1: rent next month if they lost their job tomorrow. Like
Speaker 1: that's that's how dire their actual financial position is despite
Speaker 1: their income. And yet fort of Americans who make more
Speaker 1: than a hundred thousand dollars say that they similarly are
Speaker 1: living on the financial precipice and so high income definitely
Speaker 1: does not ensure good decision making or that you'll be
Speaker 1: able to easily avoid money problems. I think that's the misnomers.
Speaker 1: Sometimes it's like, well, if I make enough money than
Speaker 1: financial problems growth the window. Not true. You still have
Speaker 1: to figure out and stick to the core tenants of
Speaker 1: personal finance no matter how big your paycheck gets. You
Speaker 1: can make insane amounts of money and still not have
Speaker 1: any savings to back you up if that stops on
Speaker 1: a dime. And just like at the stats mat when
Speaker 1: it comes to former NFL players, a massive percentage of
Speaker 1: of these guys seventy eight percent of them to be specific,
Speaker 1: end up in severe financial trouble or they end up
Speaker 1: filing for bankruptcy within two years of their playing career
Speaker 1: being over. That is almost unfathomable for phrasing for any
Speaker 1: of us to comprehend. When let's say, even if you
Speaker 1: only played in the league for two or three years,
Speaker 1: but you ended up making a million or two a year,
Speaker 1: it's like, that's more money than some people will see
Speaker 1: in their entire lives, and you made it in a
Speaker 1: really short period of time, and it's gone, it's gone completely.
Speaker 1: And so spending less than you make prioritizing savings, it
Speaker 1: requires discipline and the ability to say no to things
Speaker 1: that you want uninhibited spending and amassing debt. They don't
Speaker 1: just stop because your income grows. That's definitely one of
Speaker 1: the lessons that you can learn from squid Game and
Speaker 1: from NFL in general, or retired NFL players at least. Yeah,
Speaker 1: and you know, lifestyle creep, that's also a big reason
Speaker 1: for these increased claims of not having enough money even
Speaker 1: when you're making big bucks. And we actually talked about
Speaker 1: this in depth back in episode three seventy four. Lifestyle creep, uh,
Speaker 1: and just how it's it's I don't know, it's it's
Speaker 1: it's like it lurks in the back of our minds
Speaker 1: and we find it working its way into our spending habits.
Speaker 1: And this is also something that doesn't discriminate between those
Speaker 1: who earn you know, average or below average incomes versus
Speaker 1: those who earn a ton of money. This is a
Speaker 1: real issue for people on all income levels. And when
Speaker 1: you look at the stats of how everything has grown
Speaker 1: in our society, it's clear that we've all become accustomed
Speaker 1: to just bigger and better, more square footage, bigger vehicles,
Speaker 1: Give me the hundred eight ounces, drink a shirt, hit
Speaker 1: me with all that sugar, and the Hunter TV two
Speaker 1: while you're at it, uh, and all that to say
Speaker 1: progress like like, it's not all bad that things are
Speaker 1: getting better. I think there's an argument to me that
Speaker 1: get you know, things going big or might be a
Speaker 1: bad thing, but you know, the margin of progress is
Speaker 1: mostly a good thing. But it also becomes much easier
Speaker 1: to inflate our lifestyle just in a whole slew of ways.
Speaker 1: And ultimately it's up to us to keep our expectations
Speaker 1: in check, maybe even lowering them sometimes when if if
Speaker 1: you realize that you're spending is not sustainable, right, if
Speaker 1: your income is not going to be able to keep
Speaker 1: up with your spending, that's something that you're going to
Speaker 1: have to actively, you know, change on your own. Otherwise
Speaker 1: you're gonna find yourself in debt. You need to work
Speaker 1: to stop moving those goalposts as to what it is
Speaker 1: that's going to make you happy. Yeah, And the whole
Speaker 1: point of this show, Matt is we we really want
Speaker 1: to point people in the direction of choosing a few
Speaker 1: areas in their life where they consciously spend more money
Speaker 1: and then cutting back in almost every other area of
Speaker 1: their life so that they can enjoy the things that
Speaker 1: they love the most, put their money in the places
Speaker 1: where it's going to have the greatest r o I
Speaker 1: craft Beer is the example for us. There are a
Speaker 1: couple other specific areas of each of our lives where
Speaker 1: we have chosen to spend more money in the here
Speaker 1: and now while we're saving and investing wealth for the future.
Speaker 1: And we think that that is a good way for
Speaker 1: you to move forward when it comes to your money.
Speaker 1: You don't have to put your budget on complete lockdown
Speaker 1: and enjoy nothing of value, and that that would be
Speaker 1: deprivation at its finest. And there's there are way too
Speaker 1: many people in the personal finance world preaching that. We
Speaker 1: completely disagree with that mindset, but you can't have it
Speaker 1: all either, and so yeah, keeping lifestyle creep in check
Speaker 1: is is a really really important thing for us all
Speaker 1: to do. And all right, Matt, let's let's get to
Speaker 1: the last great lesson that we learned watching squid Game
Speaker 1: that applies to our money, and it's that there's there's
Speaker 1: really no quick way out of the mind that we
Speaker 1: put ourselves in in the beginning. It looks like just
Speaker 1: playing a simple game could lead to maybe that the
Speaker 1: solving of all the money problems that the main character faces.
Speaker 1: It's uh, it's nice to think that there's a way
Speaker 1: to quickly remedy a problem that might have taken you five, ten,
Speaker 1: fifteen years to get yourself into massive levels of debt. Obviously,
Speaker 1: don't don't spring up or night. It's almost always a
Speaker 1: prolonged habit of buying things that you can't afford, slowly
Speaker 1: and steadily. It is that lifestyle creep factor really that
Speaker 1: rears its ugly head and slowly but surely gets you
Speaker 1: into a debt problem that you can't quickly get your
Speaker 1: way out of. And in the same way that you
Speaker 1: found yourself in credit card debt, one purchase at a
Speaker 1: time over many years, well the path out of that
Speaker 1: debt is similarly slow, and so yeah, playing the lottery
Speaker 1: really only makes things worse. It's like, cool, I I
Speaker 1: need money to pay off this debt. Why don't I
Speaker 1: just take all the extra cash I've got on hand
Speaker 1: and see if I can win the big one. Well,
Speaker 1: that is the exact wrong approach. It's crucial to make
Speaker 1: a plan to get out of that debt hole and
Speaker 1: then to stick to it, and so yeah, it's just
Speaker 1: important to note that there's no quick solution, there's no
Speaker 1: easy fix. It takes time, intentionality, and creating an actual
Speaker 1: plan to help get you to the final goal you
Speaker 1: want to reach. Yeah, and honestly, if there is an
Speaker 1: easy button that's available to you, it's probably earth being
Speaker 1: reminded of the fact that it's probably too good to
Speaker 1: be true, right, It's most likely going to overpromise and underdeliver.
Speaker 1: And that's something that's important for us to keep in mind.
Speaker 1: And so, like you said, it's really important for us
Speaker 1: to remember too that money isn't going to solve all
Speaker 1: of our problems. Even if all of your debts were, say,
Speaker 1: going to be paid off tomorrow, you're still gonna have
Speaker 1: real issues in your life, right if you're currently in debt. Uh,
Speaker 1: it's easy to think that more money is going to
Speaker 1: be the solution. Like we specifically saw that with Song
Speaker 1: and the you know, back in the first episode, he
Speaker 1: gets a lot of money, but since he didn't address
Speaker 1: his underlying issues of gambling, he continued down the same path. Uh,
Speaker 1: and he persisted in making poor life decisions. And even
Speaker 1: if you're working really hard to legitimately earn your income,
Speaker 1: if you have spending issues, you know, at the at
Speaker 1: your core, more money won't solve your problems. And so
Speaker 1: this is just a final reminder that money can't and
Speaker 1: it won't fix everything in your life. And it's crucial
Speaker 1: to have limits when it comes to what you're willing
Speaker 1: to do for money as well, you know, specifically saying
Speaker 1: no to money that is a superpower worth developing. We
Speaker 1: need to make sure that we're not just jumping at
Speaker 1: every possible chance there is to make more money. We
Speaker 1: I mean, we kind of talked about this somewhat recently
Speaker 1: when we talked about just different gig jobs out there
Speaker 1: and how if you start to enter that world, you
Speaker 1: see all these different things that you could potentially do,
Speaker 1: and it's you know, almost we kind of likened it
Speaker 1: to a buffet of options to you, and you're like,
Speaker 1: oh my gosh, look at all the different things that
Speaker 1: I could do to make an extra buck. But what
Speaker 1: do you want your life to look like? Make sure
Speaker 1: that you're focusing on the things that truly matter, uh,
Speaker 1: and the things that aren't necessarily going to give you
Speaker 1: an immediate fix, but instead to focus on the more
Speaker 1: long term solutions that's going to bring about, in this case,
Speaker 1: the most financial health for you. Okay, so there it is.
Speaker 1: I'm sure other listeners who paid really close attention might
Speaker 1: have found other great takeaways when it comes to our
Speaker 1: money from watching squid Game, but these were ours. And so, yeah,
Speaker 1: debt is definitely a big part of it. Avoiding debt
Speaker 1: and just realizing that debt is one of those things
Speaker 1: that it really can hunt anybody's life, no matter where
Speaker 1: you're at in the income spectrum. And so, yeah, if
Speaker 1: you had an awesome money take away from a squid game,
Speaker 1: share it with us via email. We'd love to kind
Speaker 1: of hear what you thought, or yeah, maybe share it
Speaker 1: in the Facebook group as well. And so, Matt, let's
Speaker 1: get back to the beer we had on this episode.
Speaker 1: This was Alpha Abstraction Volume eighteen eighteen, right, and so yeah,
Speaker 1: what were your thoughts on this beer? And so it's
Speaker 1: volume eighteen, and I mean back in the day, we
Speaker 1: had volume like three or four. So this is kind
Speaker 1: of a series that we have followed for a while now.
Speaker 1: And so at the beginning of the episode, I said,
Speaker 1: I was surprised that you picked this one up for us,
Speaker 1: because this tends to be a sweeter double I p A.
Speaker 1: And normally that's not the direction that you like to
Speaker 1: go in with your I p A s. Right, Yeah,
Speaker 1: that's true. And I was like, well, it's been a while,
Speaker 1: I've changed and taste. Actually haven't had it since Volume eleven.
Speaker 1: Let's get this a go, see see what it's tasting
Speaker 1: like the Volume ten that was the black can that
Speaker 1: we had on the show, remember maybe a year ago.
Speaker 1: I remember baseball stats like and beer cans typically pretty well,
Speaker 1: but I don't remember that. But I will say that this, uh,
Speaker 1: this beer, honestly, it tastes really similar to It tastes
Speaker 1: exactly like what I remember from the last time I
Speaker 1: had it. And You're right, it is really sweet. It
Speaker 1: has almost like some fruity pebble notes along with just
Speaker 1: that like super super sweet hot concentrate. And I mean,
Speaker 1: and I don't mean that in like a vicious way,
Speaker 1: Like it's not overly, it doesn't taste like cereal, but
Speaker 1: it does have like just those light fruity tones going on,
Speaker 1: and that's not a bad thing. But it's just not
Speaker 1: my jam this, uh So I was always wanted to
Speaker 1: give it another chance. This brewery is about an hour
Speaker 1: south of town, and a lot of people really like
Speaker 1: this beer. It's just not one of my favorites. Yeah,
Speaker 1: and it's worth noting too that this is uh not
Speaker 1: a double dry hot I p A or a double
Speaker 1: hazy IPA. This is a double classic I p A,
Speaker 1: which means we poured it poured a kind of golden,
Speaker 1: kind of golden amber color going on, and it was
Speaker 1: perfectly clear, nice and filtered. For all the traditional beer
Speaker 1: drinkers out there who don't like stuff floating in their beer,
Speaker 1: which is often the times the case that when you
Speaker 1: and I drink a beer, I mean, regardless if it's
Speaker 1: a fruited sour or an adjunct stouts or a hazy
Speaker 1: I p A, a a lot of times there's stuff still
Speaker 1: with you know in the beer to give it all
Speaker 1: that flavor, which I'm totally cool with, which might gross
Speaker 1: some people out out there. But for all of the
Speaker 1: super beer nerds, you know what we're talking about, this
Speaker 1: one didn't have that though, and so I feel like
Speaker 1: this was a nice introduction to maybe some of the bigger,
Speaker 1: more flavorful beers out there. I feel like it had
Speaker 1: like that sweet like you said, like a sweet resin
Speaker 1: uh core to this beer. I enjoyed it. I I'd
Speaker 1: give it like a four and a quarter on Untapped
Speaker 1: even though it's been I feel like it's been a
Speaker 1: couple of years maybe since I've been on untapped uh
Speaker 1: and rated in my beers. But Jill, that's gonna be
Speaker 1: it for this episode. Listeners. You can find our showed notes.
Speaker 1: Any references we made during this episode you can find
Speaker 1: up on our website at how to money dot com
Speaker 1: no doubt, and Yeah, if you haven't watched squid Game
Speaker 1: yet and it still sounds completely uninteresting to you, well
Speaker 1: then keep avoiding it. But if you're like, oh, now,
Speaker 1: I want to go back and see if I could
Speaker 1: see all the places where money nersery intersects with dystopian
Speaker 1: Korean film filmmaking. Then check it out and we hope
Speaker 1: that you enjoyed this episode. If you did and you're
Speaker 1: not already a subscriber, or make sure you mash that
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Speaker 1: episodes from Joel and I. Buddy, that's gonna be it
Speaker 1: for this episode until next time. Best Friends Out, Best
Speaker 1: Friends Out,