April 12, 2024 • 35 mins
Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: last minute tax tips, more money vs more time, new job fever, jobs of tomorrow, beware of the neobanks, car wrap scams, repair or replace that appliance, less cashierless stores, fewer discount stores, ‘use by’ dates, & nutrition labels for the internet.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome to how to Money. I'm Joel and I am
Matt and today we're talking last minute tax tips, new
job fever, and a food waste fix. That's right.
Speaker 2 (00:28):
Welcome to how to Money in the Personal Finance Podcast,
where well, specifically on Friday, as we talk about the
biggest headlines out there, the biggest stories that specifically tie
to how it is that you are able to earn, save,
and spend your money. But uh, yeah, man, that's Friday.
Speaker 1 (00:44):
I thought you were gonna say the Personal Finance podcast
that puts all of the Personal Finance Podcast to shame,
to shame. No, this, Uh, there's another good one.
Speaker 2 (00:50):
This is if you're new to the podcast. This is
what we do on Fridays.
Speaker 1 (00:53):
We talk about. Yeah, if you saw Matt on Joe
Rogan and now you're following the show, that didn't happen.
Speaker 2 (00:57):
Definitely did not happen. But uh yeah, man, we survived
the we we.
Speaker 1 (01:00):
Survived the solar eclipse. Hopefully or hopefully you did.
Speaker 2 (01:03):
Hopefully you weren't sneaking a peek in order to I
there was such a glimpse.
Speaker 1 (01:07):
Some people reporting eye problems after the fact because I guess,
of course they gonn obey the guidelines to not stare
at this on which is ill advice.
Speaker 2 (01:14):
Did you see the girl just right across the street
from it was selling the solar eclips classes. I love it.
Speaker 1 (01:21):
Entrepreneurship right in our neck of the woods. Little girl
like crushing it. And she posted on Facebook, even in
the neighborhood group. Yeah, so are you in like the
neighborhood group here? Like, were we in this neighborhood? Well,
it's just it's just our little city, small town. Yeah, okay,
it's funny. So she posted there, Hey, got all the
eclipse classes over here? Come by them?
Speaker 2 (01:41):
And I know they So you don't only go to
the how to money Facebook group? You two timer only
Facebook groups.
Speaker 1 (01:47):
I go to other Facebook grook. But yeah, it's it's
mostly just our own. But I love that she did this.
I don't. I'm curious to know how much money should make.
I will say, I bet I can get the leftovers
for pennies on the dollars. I know.
Speaker 2 (01:57):
So you and I we actually stepped outside during the
solar eclipse. I was like, I want if we can
run over and get them half off?
Speaker 1 (02:01):
Yeah, in preparation else is going to buy them in
preparation right for what like twenty years from now, is
that when the next eclipse is going to happen.
Speaker 2 (02:08):
My daughter said that she would be thirty one, so
so yeah, yeah, yeah, something like that.
Speaker 1 (02:12):
That's crazy. We've got ways to go. Well, congrats to her.
And anyway, like I love I love it when my
own kids do this, they get a wild hair to
make some money. I always want to support them and
help them in that Enevor, whether it's like a lemonade stand,
creating art, selling it to neighbors who are walking around,
this is something we should be encouraging young folks to
participate in. Working for the man is just fine. But
(02:34):
if you get the bug, and it's a great way
to kind of test the waters when you're a kid,
just yeah, start something on the side.
Speaker 2 (02:39):
Encourage those entrepreneurial endeavors. It does make me wonder, like
it seems that I am predisposed to be self employed
and essentially and I sold a lot of golf balls
as a kid in Augusta, and so I don't know
how much of that actually does have an impact. I'm
curious for other listeners out there who might be self employed,
who might own their own business, did you have a
(02:59):
job as a kid. Actually reach out to us. I'd
be very curious to know. Obviously, this is I don't
know what's the term positively selecting. There's some sort of
bias involved here in the way we're gathering this information,
but I would truly be totally interested in hearing your story.
Speaker 1 (03:13):
You can always reach out how to money pod at
gmail dot com if you have a question, or if
you have a comment, or you want to answer mass question.
Mike reading those emails, that's right, all right. Now let's
move on to the Friday flight. And first off, let's
talk about taxes. Procrastinators, Matt, they don't have much time
left to finish our taxes. I will include myself in
that bunch. Some of my taxworms don't come into like
mid March when you have a fouled yet No, Joe.
Speaker 2 (03:33):
I know, well, no, I work with a tax professional
because UNI final an extension probably.
Speaker 1 (03:38):
Okay, just emailed her today, so we'll see. I'll let
you out. So myself included.
Speaker 2 (03:43):
Oh goodness, get on it, you guys, literally no judgments.
Speaker 1 (03:48):
She got on my form A lot of stuff to
get in multiple weeks ago. Okay, so I got all
my last stuff in took me a week to gather
everything together send it over. But she's got the info.
Now good, we'll make it out. But if you have
not finished things up, Monday is your deadline, or you
have to file an extension like I might also have
to do, we'll see. And so yeah, if you're trying
to figure out where do I go to file my taxes,
(04:08):
that is a question a lot of people have, Matt.
We always have a couple of recommendations. We like cash
app taxes because it's free, all the way free. We
like free tax USA, even though it's not all the
way free, it's free for federal filing in fifteen bucks
to file your state tax forms, and so like. If
you plan on going the diy out, those are two
great services. But of course hiring a pro if your
(04:29):
situation is a bit more complex is advisable. The tough
thing might be finding someone who can do it within
the allotted time period. So you might be exactly dying
it this year. And by the way, you probably want
to avoid TurboTax. The Washington Post had a startling article
about how they want you to cough up your privacy
and TurboTax they earn additional revenue by targeting you with
(04:50):
ads based on your specific financial situation, and so yeah,
you can decline, but based on all the negative things
we've talked about TurboTax on this in the past, why
use them in the first place. They are better options
out there, they're the biggest, but it doesn't mean they're
the best. Yeah, that's right.
Speaker 2 (05:05):
And honestly, I don't know if you are just now
like looking at see at least with you, you've like
gotten your your forums together and you've kind of.
Speaker 1 (05:12):
You've done the legwork.
Speaker 2 (05:13):
I feel like folks who are getting all their stuff
together right now this weekend, it feels like folks who
are like buying the Valentine's Day balloon or chocolates. Is
like at the gas station on the way home. It's
just like, oh, like a last minute hail Mary, like
maybe this will work for.
Speaker 1 (05:26):
Sure, and for people who have like non complex situations.
Speaker 2 (05:29):
And that's what That's what else I was gonna say,
because there's I'm sure a lot of folks out there
who are just like, oh my gosh, that's like being
super judgy today. I feel like taxes are crazy complicated,
but there are a lot of folks. And literally it's
a single sheet, super simple, straightforward.
Speaker 1 (05:42):
It's like a postcard. So okay, I'd take it back.
It's not that hard. You can do it this weekend.
Speaker 2 (05:45):
And by the way, even if you owe money and
you can't pay it, fire your taxes anyway, because completely
sticking your head in the sand like an ostrich and
not filing altogether, that becomes a much bigger issue than
not being able to pay. And if you are elecjol
and you are gonna end up filing an extension, you
still need to pay your estimated tax in order to
avoid penalties, and so that's something that's important.
Speaker 1 (06:07):
We talked about mind as well. Penalties have gone up
too as interest rates have gone up. So yeah, make
sure you pay what you think you owe, even if
you aren't ready to completely file your taxes.
Speaker 2 (06:17):
In your filing axent, do you have an idea of
what you might be refunded or what you might owe?
Speaker 1 (06:21):
Yeah, exactly. Yeah, Well I pay quarterly estimated just like you,
and and I'm pretty sure I'm spot on in that
in that rece yeah, so same. Yeah.
Speaker 2 (06:30):
Well I'm actually kind of bummed because well, I don't
know was it. I think a couple months ago. I
even said I was like really kind of hoping for
a big refund this year because for several reasons that
I won't go into, it didn't pay out that way. No,
I was so bumbed. Man, Yeah, it was my federal taxes.
I owed three hundred dollars, so like super spots very close.
My tax preparer she actually was like, how did you
(06:51):
determine by the way, like what did it? Like, how
did you figure out your estimates? Because she was wanting
to know my like the magic sauce, And I was like, oh,
if only you knew how I calculate this with my
Excel spreadsheets. But I did get back like twelve hundred
bucks from the state. Okay, so that's you know, at
least I'm not owing a massive amount like I was
last year. And by the way, the average refund amount
(07:12):
that folks who are getting back this year, it's around
three thousand dollars. And so for all you folks out there,
make sure that you are doing something smart with that money, at.
Speaker 1 (07:19):
Least with the majority of it.
Speaker 2 (07:21):
Well, I just think about the fact that something like
is it sixty percent of American households are living paycheck
to paycheck. When I hear that, it makes me think, Okay,
I've got a good idea of what you can do
without money, nothing like literally sit on it, park it
in your highyield savings and earn that five percent.
Speaker 1 (07:38):
Yeah.
Speaker 2 (07:38):
And if you're not earning five percent, we've got an
article for you to that explains how easy it is
to switch to an online savings account but is offering
a sweet percentage like that.
Speaker 1 (07:47):
And it's funny you said you were kind of rooting
to get money back to get a refund. I wasn't. Well,
the average personal finance person would say, well, that's just
an interest free loan to the federal government. Raechnically true. Yeah,
And there is truth to that, of course, and that
if you had kept that money around in getting paid
a little more with every paycheck, funneling that into a
savings account, especially into one of these high yield savings accounts,
(08:09):
you would have done better than waiting for the refund.
But there's also some truth to the fact, Matt, that
it's a great force method of savings for people, and
most people don't encounter a lump sum to quite this
extent at any other point in the year. So I
kind of like in some ways the way tax refunds
can work for people as long as they're willing to
do the right thing when they get it back in
(08:30):
their hands. Yeah, I totally agree.
Speaker 2 (08:31):
Man, Let's talk about working from home, because we've all
witnessed the dramatic shift towards working from home and then
the whiplash back in recent months, right as many businesses,
big companies as well as they have pivoted on their
policies and demanded their workers to return. Oh you moved, idaho,
I we need to know back seriously, Like a lot
of folks got used to that flexibility. I remember reading
(08:51):
stories about grandparents who, like boomers, who are still working,
moving closer to their kids so they could be closer
to their grandkids or vice versa. Right, younger families moving
to where the childcare kind of built in childcare is
in some of those more retiree cities. It's kind of crazy,
how I guess At the time, a lot of folks
were writing about how this is the new normal, and
we quickly got used to the idea that all, right,
(09:13):
things are never going to return to the way that
they were. And granted they may not, but it has
reversed course to a large extent. And even if folks
stayed local, going back to commuting to work right, like
it's an entire lifestyle, that might be a bridge too far.
But we've also mentioned how pay and how promotions those
(09:33):
are going to folks who are back in the office more.
And we're talking about even just going hybrid, right, just
going in like two or three days a week, that
can have a positive impact on your career, on your earnings.
And new data, new numbers from ZIP recruiter proves this.
It hammers his home. They've got data that shows that
workers who swap from fully remote to fully in office
(09:54):
setups in the US through twenty twenty three, they received
twenty nine point two percent pay ABOUMP nearly thirty percent,
And that's basically double of what those moving the other
way what they experience. And so it's just another example,
another just more when at the back of folks who
are saying, oh, maybe I should consider going back into
the office if that career advancement, getting a pay raise,
(10:18):
if that's a.
Speaker 1 (10:18):
Priority for you. You mentioned the commute, and maybe someone says, actually,
my commute was an hour and a half each way.
That's three hours of my life. It's not worth the
extra pay I would otherwise get. But this, this is
the reality of the workforce right now. Right in many cases,
you can have the flexibility that you want or the
bigger paycheck in the opportunities for advancement. Getting both at
the same time is tough to come by, right, And
(10:39):
that's not in all cases, But this is the general trend.
I mean, the truth is businesses are largely taking the
carret approach right. They are incentivizing in person workers with
higher pay. I mean, I guess you know some businesses
are saying come back in or else. That has certainly
been the case of some employers. And this is a
personal choice, of course, but knowing the trade offs you're
(11:00):
making is crucial. It's the same kind of trade off
that you have to make if you opt to work less,
like we've talked about a couple of weeks ago. There
can be really great reasons to make that decision, but
know the ramifications. I think some people might say, I
really like the work life balance I've been able to achieve.
Going back in the office non starter, like don't even
bring up the topic with me. But other people might say,
(11:21):
you know what I'm especially if you're younger in your
career and you've got the go get a attitude, you
might say, no, no, no, I'm going to find myself going
back into the office more because I didn't realize the
stakes were that high. Yeah.
Speaker 2 (11:31):
Plus there's an element of it that's just fun, right,
like literally, like we are embodied creatures, right, Like you
can't like we're tied to the physical world and we
can't just like tap into the matrix do your knowledge work,
which you can do, but then to expect the same
kind of fulfillment I think from that work, then more
you to go into the office a few times a week.
Speaker 1 (11:50):
I think it also depends on the kind of person
and the kind of setup that they have, because some people,
Matt they find themselves working in their bed and it
can be kind of sure, that's a tough setup. Or
let's say you're like, oh, let me get some laundry done.
Speaker 2 (12:02):
You kids just I think, yeah, I totally agree. I
think it leads to poor outcomes.
Speaker 1 (12:06):
Not for everyone.
Speaker 2 (12:06):
I mean I think for some people. Yeah, for some people.
But I guess when I'm highlight I'm not saying that
work is like the panacea. It's not like the It's
not the solution to every problem here, but it is
an outlet for folks to be able to experience some
of that in person, some of those in IRL hangs.
I think that's not something to completely dismiss.
Speaker 1 (12:23):
It's for better or worse. It is one of the
number one places we find community these days. Yeah.
Speaker 2 (12:28):
Also the job market, man, it is in constant flux.
There's a lot of questions as to like maybe what
the future of work is going to look like. But
we have been in a pretty tight labor market for
some time now. With the unemployment rate still hanging out
below four percent, it could actually get even tighter. As
resume dot com they find that one in eight retirees
are planning to return to the workforce in twenty twenty four.
(12:50):
They are quote unquote unretiring.
Speaker 1 (12:52):
My grandma just turned ninety three, Matt I told her
to go get her job, get back out there.
Speaker 2 (12:56):
Well, well literally, the rise and cost of living like
that's cided as the main reason to secure a steady
paycheck again, and I think it's going to be easier
than it normally is to land a job because employers
they are so desperate for talent. So I dude, I
think kudos to the sixty five an overcrowd for getting
back out there. I think a part time job in
those years can provide some meaning, but also again that
(13:19):
in person connection it can help you to stretch those
retirement funds a good bit.
Speaker 1 (13:23):
Further as well.
Speaker 2 (13:24):
And I think more than anything else, I think there's
a problem because I feel like going back to work
it almost feels like a failure. It's like, man, I
did a crappy job at setting aside enough work, and
I want us to shift the.
Speaker 1 (13:35):
Narrative meets setting side enough money.
Speaker 2 (13:37):
Yeah, what I say, work work, no sitting aside enough
money for retirement, And so I don't know. I just
want us to have a more dynamic relationship with the
work that we're able to provide. I think historically we've
had too much of like a black and white picture
of what retirement looks like. It's basically like, you are
going to work this job that you hate, and all
of a sudden, at a certain point, then you're going
to be able to relax and do something you.
Speaker 1 (13:58):
Love as a post beach.
Speaker 2 (13:59):
Yeah, posed to like a metaphor, and it made me
think of coffee, and when I first got into coffee,
started grinding my beans at home because of course that's
how you make good coffee at home, right, The way
you grind your beans is using a little spice grinder,
you know what I'm talking about. Oh, you drop them
on top, you put the cap on, and then you
just hit go and you just cross your fingers. Who
(14:19):
knows what's gonna happen, but you know your beans are
gonna get chopped up.
Speaker 1 (14:22):
And it didn't.
Speaker 2 (14:23):
Necessarily lead to the best quality of coffee. But guess
what you can do now. You can buy these burg
grinders and you can dial it in man like, you
can choose the size of grind that you want. And
I think that's how we should think about work. There
are so many additional opportunities for folks to choose the
type of work that they want. It's not like I
think there are very few communities where the coal mine
or the factory or the mill is like the sole
(14:45):
employer for an entire town. There are so many part
time gigs, virtual work. There are just opportunities, I think,
to make money, perhaps more than what folks are willing
to acknowledge.
Speaker 1 (14:54):
That's out there, that's all. Yeah, No, I think you're right,
and I don't see it as a sign of failure
at all. I think recognizing that earlier in your retirement
years that wait a second, just money isn't gonna last
as long as I thought, or you know what, I
am missing some of that connection. I think it can
help write the ship earlier on. And I think it's
becoming so commonplace now. It's not like you have to
explain to your family and friends, Oh this is why
(15:16):
I'm going back. I think most people understand there are
a slew of reasons where folks who have bag work
they decide to go back to work. There's a lot
of like good cause to do that and go in
that direction. So totally no shame in that game. No,
it's not just our parents generation, by the way, that's
interested in getting a new job. I was shocked to
see this stat mat from moster dot COM's work watch report.
(15:36):
They found that ninety five percent of workers want a
new job right now, and I was like, I get
that a lot of people want a new job or
want something better maybe, but ninety five percent, Like that's crazy.
Nineteen out of twenty folks really want a new job.
And again you got to take this with like a
grain of salt, because master dot com is a place
where you search for jobs, and so they want everyone
to feel like, hey, everybody's doing it. Go ahead, search
(15:56):
for a new job. Everyone is And so I guess
what this reveals is that somehow now nobody likes their
current job and everybody wants something better. In some ways,
I think that that is totally fine, but you also
have to realize that grass isn't always greener on the
other side, although the pay might be higher on the
other side, which is definitely something to take into consideration.
The ADP, the payroll company, they noted this week that
(16:19):
the pay gap between staying put and going on to
get a different job is growing again. It was really
wide there at the height of the job market insanity,
and seem to kind of calm down. And now if
you switch jobs, you're going to get on average, like
a ten plus percent pay bump, and if you stay put,
you're going to get about a five percent pay bump.
So that can be one reason to mosey on down
(16:42):
the road. Maybe it's a better work environment, better work culture,
better pay, better benefits, all sorts. Of things can be true,
but I think it's also true that a change of
scenery doesn't necessarily fix all of your problems that you
might have with with work. That's true.
Speaker 2 (16:54):
Yeah, Okay, one last story to cover on the workfront
or the job front today, because we don't want folks
to worry too much about all the retirees who are
coming back to work or all the job hunters out there.
Speaker 1 (17:05):
They got the fever.
Speaker 2 (17:06):
There's a new analysis from MIT and they find that
six and ten jobs currently in existence that they weren't
even a thing back in nineteen forty. And on one hand,
this kind of makes sense, but it's also kind of shocking, Like,
for instance, an airline designer like that wasn't a recognized
job category until nineteen fifty. I guess when they needed
(17:27):
not just the engineers making the planes.
Speaker 1 (17:30):
Not just two brothers on a beach in North Carolina.
Speaker 2 (17:32):
Yeah, it makes me think about like our podcasting, is
that actually still a recognized job category.
Speaker 1 (17:37):
I'm not sure if it does.
Speaker 2 (17:38):
But this is just a reminder that we don't know
what the jobs of tomorrow are going to be, and
so we would recommend for folks just to constantly be
thinking about the kind of work that they're doing and
how like what you're learning as well. Like we went,
folks out there to build skills, build a network, and
I think you will find that you can more easily
adapt to some of the different job market changes and
some of the different trends that you might see in
(18:00):
higher industries going in and out of Yeah, basically you
got to be like Bruce Lee, didn't he say, like
be like water or whatever? You want to be adaptable. Yeah,
you gotta be adapted, Okay, a chameleon of sorts. All Right,
We've got more to get to on this episode, including
an Amazon endeavor that's biting the dust. We'll talk about
that and more right after this. Let's continue with our
(18:28):
Friday flight Joe. And of course, you know we've got
our ludicrous headline of the week, and this one is
from Axios and the headline reads, Varo Banks new line
of credit.
Speaker 1 (18:39):
Will cost you four hundred dollars. This is so Varo.
Speaker 2 (18:43):
I don't know if folks, they weren't necessarily on our radar.
They were one of the one of the newer I
guess Neo Banks. They're at it again. They're shelling out
a product that looks decent on the surface, but technically
like once you actually dig in a little bit, it's
rotten underneath.
Speaker 1 (18:56):
It sounds so good in the marketing material though, Yeah, exactly.
Speaker 2 (18:59):
They're touting that you can borrow up to two thousand
dollars at any time and just pay an affordable fee
and zero percent APR.
Speaker 1 (19:06):
All right, it's like a it's like a.
Speaker 2 (19:08):
Backup to your emergency fund, Like I want to always
have two thousand dollars at my disposal, so whatever I
want with what a great product, thanks Barah. It's not
a great product in reality. The quote unquote affordable fee
to nab that two thousand dollars is a four hundred bucks,
which doesn't sound affordable in the least a lot of money.
So you end up paying the fee upfront, and you
can't pay off the loan early, and so that zero
(19:30):
percent APR it ends up becoming something more like thirty
five percent in interest.
Speaker 1 (19:35):
If you treat the feed like an interest trader. Yeah.
Speaker 2 (19:37):
Yeah, And so we wanted to put this out there
because from what I could tell, it seemed like Barrow
they've got a pretty sweet app. It's well reviewed. It
seems like some of their savings offerings are pretty decent,
but be careful what lending products you choose, because they
might sound great, but the fine print can get you.
And yeah, personal loan would be way better than this,
Like yes, Well, in to their defense, they're like, well,
(19:59):
we we're trying to create a product out there that
is clear and transparent and it's upfront and you know
what else is upfront and pretty straightforward, like payday loans.
But that doesn't make it a good product. And so
I don't know if I want to completely bash on Varo,
because I think they might be they might be offering
something decent other for folks, but I think they're counting
on the fact that they might have a decent reputation
(20:21):
and a well reviewed app to slide in this crappy
financial product, something that is like borderline predatory and we
want you to stay away from it.
Speaker 1 (20:28):
And no way I'm ever going to consider something like
paying four hundred bucks. No mab it tax has two
thousand dollars in debt, Like that doesn't make any same.
Another warning. While we're issuing warnings, Matt, let's talk about
car wrap scams. The FTC, the Federal Trade Commission just
issued a warning about that this past week, and so, like, basically,
these car wrap scams are when you get an email
(20:50):
or a text and they're purporting something that's of course
too good to be true. Five hundred bucks or more
each week for wrapping your car with an advertisement. Hey,
why don't you get paid just to drive? It's pretty sweet.
You don't have to ferry passengers. It's just the advertisement
on the outside of your car, which sounds so nice,
but of course it's not based in reality. The catch
(21:10):
is when you get sent a check to deposit in
your account in order to pay the wrap installing. Right,
so they say, hey, here's this like a fifteen hundred
dollars check. Now you can go ahead and pay the
person to put the rap on your car. Well, the
scam is that you pay the installer your hard earned
dollars and the check was fake. You find that out
days later. By then your money is gone and the
(21:32):
bank has clawed back the money that looked like it
was deposited in your account. And so if anyone says
you need to fork over money to make money, that's
always a red flag. Ye, hey great, yeah, we'll give
you this job, but you have to buy your own supplies.
We'll send you a check to cover it. Those checks
are usually fake. And the truth is these car rapp
scams have been happening for many, many years, but real
car wrap companies do exist. I've actually done it. Yeah,
(21:55):
you've got personal expense. I had the Salesforce wrap on
my nieces on leaf. It was awesome. Rap Ify the
only one I know of that legit. I believe carver
Tize is another one that some people have said is
a good one. But I also made a few hundred
bucks in a month, not five hundred bucks a week now,
So these people are saying thousands of dollars a month,
I'm saying hundreds of dollars a month, and there's a
(22:16):
big difference there. You might get paid some money to
wrap your car and drive around, but you've got to
meet a bunch of different requirements. There has to be
a campaign in your city, and you've got to go
through one of these legitimate companies. When the majority of
the companies in this space are fake, they're scamsters, that's right.
Speaker 2 (22:28):
Yeah, if it's too good to be true, it probably is.
Joel's talk about consumer appliances, because we've talked on the
show about how annoying planned obsolescence can be. We talked
about this back in episode two sixty six actually, and
how it is that you can avoid planned obsolescence as
much as possible. Well, the Journal they recently published a
story about the premature death of home appliances. They highlighted
(22:50):
specific this is pretty crazy that yelp they have reported
that appliance repair calls that they're up fifty eight percent
year over year, Wow, which is it's like a startling
number in my mind. And a lot of that is
because similar to new cars, there's more complexity involved with
home appliances. There are more moving parts and that means
a higher likelihood of repair needs. So just be careful
(23:13):
out there which model you end up going with. I
think the best device we can offer is to keep
your old appliances around longer maintaining your stuff. Maintenance is
way underrated, but that lack of complexity of older models,
oftentimes it works to your advantage.
Speaker 1 (23:27):
Less computerized, fewer screens.
Speaker 2 (23:29):
And of course read reviews on a sitel like Consumer
Reports to find which makes and which models have the
best predicted reliability. As we haven't even touched on this,
but the inflation numbers came back. Was it yesterday a
couple days ago? Higher than expected? And I also wondered
too how much folks are thinking, Oh, shoot, I can't
afford a new one. We just get this one fixed.
It almost feels like a canary in the coal mine
(23:52):
a little bit, you know, almost like a leading indicator,
because when you have something broken at home, if you're
flushed with cash, what are you going to do? Ah,
I'm not going to go through the hassle of getting
that thing repaired. But as more folks are feeling their
expenses creep up over time, it's like, well, shoot, normally
I would have just tossed that coffee grinder, but in fact, no,
I need to get this thing repaired, fix it because
it costs less typically. Yeah, but one other.
Speaker 1 (24:15):
Thing, Matt, just randomly, I don't know why I thought
of this, but front loading washers. I feel like those
in particular are bound to have more problems, Like it's
like a step backwards in the technology as opposed to oh,
like do they make cups that open from the side right?
It's just it's inherently a It seems like important we
have one at our house because they were there when
we bought it. But it's it's not ideal. I don't
think you don't like it. I mean, well, I just
(24:36):
they're not going to last as long typically from everything
I've read and seen and experienced. And so it's those
kind of thing making those decisions on the front end
when you're buying something, Buying the cheapest thing isn't probably
the best move. You want to buy the thing that like,
for instance, with dishwashers, Bosh dishwashers for some reason take
like the top five slots on consumer ports reviews. So
German engineering maybe. Yeah, So it's like, okay, cool, I
(24:57):
guess that's the only dishwasher I'm considering now, even if
it means spending a couple hundred bucks more than one
of the cheaper counterparts, yep, because yeah, guess what, You're
going to get more life out of the machine and
potentially pay less overall from a per use standpoint. All right,
let's talk about a failed Amazon experiment, a promised way
of shopping just bit the dust. Amazon is doing away
(25:18):
with their cashierless stores, which means no picking up your
groceries and just walking out anymore. And granted it's not
like these were a diamond dozen. But I was like
curious to see this experiment. I was kind of hoping
that this technology would take off and would change all
our lives and make shopping easier. Because nobody likes self
checkout the company. I don't mind it. It's not the
worst thing, that's all right. The company said, though Matt,
(25:41):
that technology was driven entirely by computer vision. But what
I found interesting was a significant portion of what they
call just walk out sales required manual reviews by a
team in India. This was a team, not just a
few people, a thousand folks watching video to determine how
much to charge customers on a huge chunk of their orders.
(26:02):
So like this primetime technology was essentially less expensive humans
across the globe watching video of people doing their shopping,
which is crazy. Smart stores and shopping carts are still
being tested, of course, and they just might make shopping
more convenient in the future. But this technology, at least
right now, wasn't ready for the primetime. And if Amazon
can't do it, who can.
Speaker 2 (26:22):
I don't understand how this is just not considered a
complete scam. It literally makes me think of fairness. Elizabeth
Holmes where she's like, oh, you got this thing, this
magic box, and it does this thing. Well, actually it
turns out it doesn't, and you're just making up the results.
That's essentially what they're with. What they're doing. It makes
me think of like The Wizard of Oz, where it's
just like, oh, the Great Oz, but really it's like
this dude pulling all these levers and it's not magic
(26:43):
at all. There's no like special proprietary technology, special effects. Yeah,
it's ridiculous. By the way, we're talking about shopping. But
shout out to all the peeps on the West coast
because ninety nine cent only stores they announced that they
were going away. I think the liquidation sales started late
last week.
Speaker 1 (26:59):
If we drank beer on the Friday flights, I had pouring.
Speaker 2 (27:01):
Out, poring out for ninety nine cents only. But there
is an investor who is talking about maybe buying the chain,
keeping it alive. They've got a cult following evidently out west.
This is all new to me because I've never been
into a ninety nine cent only store.
Speaker 1 (27:14):
But I love friend Joel who works with us on
howamoney dot com. He reached out to me right when
this news broke a tear faced emoji. He's like, this
is my go to place for so many groceries. This
is I'm gonna have to up my grocery budget. Yeah.
Speaker 2 (27:27):
Well, between Aldi and Letal, maybe they've got it figured out,
but h I don't know. The more competition typically the better. Yeah,
and we're sad to see another low cost provider, low
cost retailer.
Speaker 1 (27:38):
Like that bite the dust. Yeah exactly, And you're spot on, like,
it's not just that this store, which prioritized low costs,
is going out of business, it's that it reduces the
competition in the space, meaning other retailers can raise their
prices more than they otherwise were able to. When ninety
nine cents Only was still in business.
Speaker 2 (27:53):
It my favorite retailer name out your mouth, drovel. Well,
what you're saying that all he's gonna raise their price?
Speaker 1 (27:58):
No, no, no, no, I'm just saying, like, even if there's
no all the neighborhood, all the other grocery stores they had,
they were freaked out by ninety en cents only because
it kept prices at Bay totally in their source too,
and they weren't able to reap those high profits as
they would like to. And now they might be able to,
but maybe not. Maybe this investor will keep nine nine
cents only alive. We're hoping. By the way, so we're
talking about groceries, how many times have you thrown something
(28:21):
out because of the date listed on that food? I've
never never no waste of food over here. Man, look
at you. You are very good about food waste, I
will say better than I am. But my guess is
for most people mat the answers a lot. Like they
saw they saw the date on the on the packaging,
and they said it's not good anymore. They didn't even
smell it, they tossed it.
Speaker 2 (28:39):
It's like it's over a third, noill of all groceries
that that goes to waste from not being used because
it goes bad.
Speaker 1 (28:45):
Isn't that crazy.
Speaker 2 (28:45):
It's like I think it's literally right at forty percent.
So it is literally the number one cost in your
grocery budget. Is you literally not eating the food because
it's set around for too well.
Speaker 1 (28:55):
And sometimes it's just because we went off to eat instead.
And think about what that's doing to your grocery budget.
So it's a massive problem. I think part of the
problem is dates can be confusing the dates on the packaging.
But there's a new bill trying to provide some clarity.
It hopes that we can all waste less food because
there's essentially been zero regulation of the best buy labels
some stores. We're trying to do something like Kroger to
(29:16):
incentivize the producers to create a better system, but that
ended up kind of falling on its face. And this
is the solution that they're proposing, is to have two
dates on the packaging, a best if used by and
a used by date. Right, so it would help us
know the optimal freshness of eating or drinking something and
then knowing when the item is truly not consumable any longer.
(29:37):
I kind of like this, I like, why not have
two dates? Why not have just better information on the
packaging for people? Because we have the one date, and
even if it's a lot of times it is a
best buy, it doesn't mean that it's trashed, but people
trash it anyway, and I think that does result in
more food waste than we'd otherwise have.
Speaker 2 (29:51):
Yeah, I bet you know how I feel about this.
You probably don't like it. Yeah, I don't like it
because there's a judgment call involved, because who is the
one that gets to decide if, like, if this is
actually suboptimal. You know that it's the best used by
But I'm the one who decides whether or not I
get botulism or not.
Speaker 1 (30:06):
You know, it's up to a company.
Speaker 2 (30:09):
But I'm afraid that something like this could potentially lead
to more food waste because someone just looks at the
date and they don't give it the sniff test. They're
not like because folks, when you put label you know,
put dates on labels, there's liability there because you are
now saying that beyond that date, the food is no
longer good. And so I think, uh, manufacturers, food prepares,
(30:29):
whoever they're going to air on the side of being
safer than sorry.
Speaker 1 (30:32):
Yeah, and that makes sense.
Speaker 2 (30:33):
That's the part that where I'm just like, just give
it the old sniff test, you know, like you know,
whether it's leftovers, whether it's something you haven't opened yet
the can, if the can is bulging and you're pantry, Yeah,
you might want to.
Speaker 1 (30:43):
You might want to. Can I tell you what the
best solution is eating chickens. We just got backyard chickens,
that's right. We haven't talked about that they haven't. So
that happened just literally last week break, and we have
a nice little brood of chickens in our back card gaggle,
and it has made me feel so much better about
us not eating every single thing that goes into our
fridge because those things somehow magical, it gets transformed into act.
(31:06):
That's right, that's right. It's so awesome. So it's been
so fun to scrape plates, scrape the food off our
plates at the end of dinner into this like one
little bucket that we're going to feed the chickens with.
And so yeah, if you're like, find yourself wasting too
much food, get some chickens, You get some eggs. You'll
get and who doesn't like eggs? Some fun pets, they
are pets, and then you also get to wasteless food.
Speaker 2 (31:27):
Okay, we're talking about labels on food potentially used by
date and of course there are nutrition labels on the
food that we buy, but what about the equivalent for
the internet. Well, the SEC they are making it mandatory
for providers to outline prices and fees in a similar
style layout. It's got the I mean literally, it looks
(31:49):
like like a nutrition label, except that it's Internet information.
It's like telling you which which fees are the rates,
the fees some promotional period renting in the modem, that
kind of stuff. Yes, yeah, I think this should make
comparison shopping a bit easier for folks. And this I
can actually, I actually can get behind because there's no again,
there's no sort of judgment call. There's no qualitative decision
(32:12):
making it right. Like it's it's hard to lie.
Speaker 1 (32:13):
When it comes to them.
Speaker 2 (32:14):
Well, you can lie when it comes to number, but
when you are when you are looking at like hard
numbers like fees or data caps, things like that.
Speaker 1 (32:21):
This is just going to make it a whole lot
easier to compare things. This is all about transparency in
a part of the economy where there's not a whole
lot of transparency. What is the promotion? How long does
it last? Am I paying for to rent this mode?
Or am I not? It's hard sometimes for consumers to
compare apples to apples when it comes to internet pricing.
So I do think this is going to be good.
You're gonna be staring at the exact same thing on
(32:41):
two different websites or on promotional materials in the store. Yeah,
I think anything that increases transparency and your ability to
shop effectively is good.
Speaker 2 (32:49):
Yeah, totally. And I think the other part too that
like that makes us good is that they're not mandating.
It's not like they're mandating a certain speed, which would
then mean the entire industry has to raise prices or
something like that. They're just saying, Hey, no, this is
the information we want you to provide in this format.
I can get behind that delivery of information.
Speaker 1 (33:05):
Don't forget, by the way, like Michael talked about on
Wednesday's episode, to at least consider some of those five
G providers because they provide fairly fast home Internet's really
easy to set up, and it just might be cheaper
than your other offense.
Speaker 2 (33:16):
Yeah, leave no rock unturned as you are trying to
cut down on your monthly expenses. A quick newsletter referral
shout out to a bunch of folks who shared the
how to Money newsletter, which comes out every Tuesday morning
with all the best money earning, saving and investing information
out there. But shout outs to Katie.
Speaker 1 (33:33):
M I'm gonna call this.
Speaker 2 (33:34):
Guy, Homie King, s Lamore, and Jim up in New
York City. Thank you all for referring to the newsletter
to some friends of yours.
Speaker 1 (33:43):
Yeah, and so if you currently subscribe, well, refer the
newsletter to friends, you'll get a shout out and other
awesome the opportunity to arn other awesome potential things.
Speaker 2 (33:51):
Like a beer on us which I was thinking about
this with inflation, I feel like we ought to increase
the price of true because beer literally costs more. So
maybe when we have it at six bucks now, we'll
reize eight. What if we do that plus like an
extra buck for tip? There you go, because right, like,
typically if you're gonna go out and you're gonna buy
a beer for somebody, it's like you're paying for There
you go with the bartender as well.
Speaker 1 (34:11):
We're gonna make Did we just up it to nine bucks?
I think we did, Okay, I'm totally fine with that.
All right, So if you refer more of your friends
and family to the newsletter, you'll get paid more when
we send you beer money the true cost of a beer,
all right, not just the Aldi beer in a six pack, which,
let's be honest, if you like beer, the Aldie beer,
the Carklan signature beer, it just doesn't cut it. So
(34:32):
all right, that's going to do it. For this episode,
we'll put links to some of the articles we mentioned
up in the show notes on our website at how
to money dot com.
Speaker 2 (34:39):
That's right, buddy, So until next time, best friends out,
best friends out.
Speaker 1 (34:55):
Their layers. Only right, these are broilers. That's right.
Speaker 2 (34:58):
You're gonna end up eating the chicken. No, No, too
much of an attachment to UH to force the kids
through that.
Speaker 1 (35:05):
My ten year old would weep. M
Welcome to how to Money. I'm Joel and I am
Matt and today we're talking last minute tax tips, new
job fever, and a food waste fix. That's right.
Speaker 2 (00:28):
Welcome to how to Money in the Personal Finance Podcast,
where well, specifically on Friday, as we talk about the
biggest headlines out there, the biggest stories that specifically tie
to how it is that you are able to earn, save,
and spend your money. But uh, yeah, man, that's Friday.
Speaker 1 (00:44):
I thought you were gonna say the Personal Finance podcast
that puts all of the Personal Finance Podcast to shame,
to shame. No, this, Uh, there's another good one.
Speaker 2 (00:50):
This is if you're new to the podcast. This is
what we do on Fridays.
Speaker 1 (00:53):
We talk about. Yeah, if you saw Matt on Joe
Rogan and now you're following the show, that didn't happen.
Speaker 2 (00:57):
Definitely did not happen. But uh yeah, man, we survived
the we we.
Speaker 1 (01:00):
Survived the solar eclipse. Hopefully or hopefully you did.
Speaker 2 (01:03):
Hopefully you weren't sneaking a peek in order to I
there was such a glimpse.
Speaker 1 (01:07):
Some people reporting eye problems after the fact because I guess,
of course they gonn obey the guidelines to not stare
at this on which is ill advice.
Speaker 2 (01:14):
Did you see the girl just right across the street
from it was selling the solar eclips classes. I love it.
Speaker 1 (01:21):
Entrepreneurship right in our neck of the woods. Little girl
like crushing it. And she posted on Facebook, even in
the neighborhood group. Yeah, so are you in like the
neighborhood group here? Like, were we in this neighborhood? Well,
it's just it's just our little city, small town. Yeah, okay,
it's funny. So she posted there, Hey, got all the
eclipse classes over here? Come by them?
Speaker 2 (01:41):
And I know they So you don't only go to
the how to money Facebook group? You two timer only
Facebook groups.
Speaker 1 (01:47):
I go to other Facebook grook. But yeah, it's it's
mostly just our own. But I love that she did this.
I don't. I'm curious to know how much money should make.
I will say, I bet I can get the leftovers
for pennies on the dollars. I know.
Speaker 2 (01:57):
So you and I we actually stepped outside during the
solar eclipse. I was like, I want if we can
run over and get them half off?
Speaker 1 (02:01):
Yeah, in preparation else is going to buy them in
preparation right for what like twenty years from now, is
that when the next eclipse is going to happen.
Speaker 2 (02:08):
My daughter said that she would be thirty one, so
so yeah, yeah, yeah, something like that.
Speaker 1 (02:12):
That's crazy. We've got ways to go. Well, congrats to her.
And anyway, like I love I love it when my
own kids do this, they get a wild hair to
make some money. I always want to support them and
help them in that Enevor, whether it's like a lemonade stand,
creating art, selling it to neighbors who are walking around,
this is something we should be encouraging young folks to
participate in. Working for the man is just fine. But
(02:34):
if you get the bug, and it's a great way
to kind of test the waters when you're a kid,
just yeah, start something on the side.
Speaker 2 (02:39):
Encourage those entrepreneurial endeavors. It does make me wonder, like
it seems that I am predisposed to be self employed
and essentially and I sold a lot of golf balls
as a kid in Augusta, and so I don't know
how much of that actually does have an impact. I'm
curious for other listeners out there who might be self employed,
who might own their own business, did you have a
(02:59):
job as a kid. Actually reach out to us. I'd
be very curious to know. Obviously, this is I don't
know what's the term positively selecting. There's some sort of
bias involved here in the way we're gathering this information,
but I would truly be totally interested in hearing your story.
Speaker 1 (03:13):
You can always reach out how to money pod at
gmail dot com if you have a question, or if
you have a comment, or you want to answer mass question.
Mike reading those emails, that's right, all right. Now let's
move on to the Friday flight. And first off, let's
talk about taxes. Procrastinators, Matt, they don't have much time
left to finish our taxes. I will include myself in
that bunch. Some of my taxworms don't come into like
mid March when you have a fouled yet No, Joe.
Speaker 2 (03:33):
I know, well, no, I work with a tax professional
because UNI final an extension probably.
Speaker 1 (03:38):
Okay, just emailed her today, so we'll see. I'll let
you out. So myself included.
Speaker 2 (03:43):
Oh goodness, get on it, you guys, literally no judgments.
Speaker 1 (03:48):
She got on my form A lot of stuff to
get in multiple weeks ago. Okay, so I got all
my last stuff in took me a week to gather
everything together send it over. But she's got the info.
Now good, we'll make it out. But if you have
not finished things up, Monday is your deadline, or you
have to file an extension like I might also have
to do, we'll see. And so yeah, if you're trying
to figure out where do I go to file my taxes,
(04:08):
that is a question a lot of people have, Matt.
We always have a couple of recommendations. We like cash
app taxes because it's free, all the way free. We
like free tax USA, even though it's not all the
way free, it's free for federal filing in fifteen bucks
to file your state tax forms, and so like. If
you plan on going the diy out, those are two
great services. But of course hiring a pro if your
(04:29):
situation is a bit more complex is advisable. The tough
thing might be finding someone who can do it within
the allotted time period. So you might be exactly dying
it this year. And by the way, you probably want
to avoid TurboTax. The Washington Post had a startling article
about how they want you to cough up your privacy
and TurboTax they earn additional revenue by targeting you with
(04:50):
ads based on your specific financial situation, and so yeah,
you can decline, but based on all the negative things
we've talked about TurboTax on this in the past, why
use them in the first place. They are better options
out there, they're the biggest, but it doesn't mean they're
the best. Yeah, that's right.
Speaker 2 (05:05):
And honestly, I don't know if you are just now
like looking at see at least with you, you've like
gotten your your forums together and you've kind of.
Speaker 1 (05:12):
You've done the legwork.
Speaker 2 (05:13):
I feel like folks who are getting all their stuff
together right now this weekend, it feels like folks who
are like buying the Valentine's Day balloon or chocolates. Is
like at the gas station on the way home. It's
just like, oh, like a last minute hail Mary, like
maybe this will work for.
Speaker 1 (05:26):
Sure, and for people who have like non complex situations.
Speaker 2 (05:29):
And that's what That's what else I was gonna say,
because there's I'm sure a lot of folks out there
who are just like, oh my gosh, that's like being
super judgy today. I feel like taxes are crazy complicated,
but there are a lot of folks. And literally it's
a single sheet, super simple, straightforward.
Speaker 1 (05:42):
It's like a postcard. So okay, I'd take it back.
It's not that hard. You can do it this weekend.
Speaker 2 (05:45):
And by the way, even if you owe money and
you can't pay it, fire your taxes anyway, because completely
sticking your head in the sand like an ostrich and
not filing altogether, that becomes a much bigger issue than
not being able to pay. And if you are elecjol
and you are gonna end up filing an extension, you
still need to pay your estimated tax in order to
avoid penalties, and so that's something that's important.
Speaker 1 (06:07):
We talked about mind as well. Penalties have gone up
too as interest rates have gone up. So yeah, make
sure you pay what you think you owe, even if
you aren't ready to completely file your taxes.
Speaker 2 (06:17):
In your filing axent, do you have an idea of
what you might be refunded or what you might owe?
Speaker 1 (06:21):
Yeah, exactly. Yeah, Well I pay quarterly estimated just like you,
and and I'm pretty sure I'm spot on in that
in that rece yeah, so same. Yeah.
Speaker 2 (06:30):
Well I'm actually kind of bummed because well, I don't
know was it. I think a couple months ago. I
even said I was like really kind of hoping for
a big refund this year because for several reasons that
I won't go into, it didn't pay out that way. No,
I was so bumbed. Man, Yeah, it was my federal taxes.
I owed three hundred dollars, so like super spots very close.
My tax preparer she actually was like, how did you
(06:51):
determine by the way, like what did it? Like, how
did you figure out your estimates? Because she was wanting
to know my like the magic sauce, And I was like, oh,
if only you knew how I calculate this with my
Excel spreadsheets. But I did get back like twelve hundred
bucks from the state. Okay, so that's you know, at
least I'm not owing a massive amount like I was
last year. And by the way, the average refund amount
(07:12):
that folks who are getting back this year, it's around
three thousand dollars. And so for all you folks out there,
make sure that you are doing something smart with that money, at.
Speaker 1 (07:19):
Least with the majority of it.
Speaker 2 (07:21):
Well, I just think about the fact that something like
is it sixty percent of American households are living paycheck
to paycheck. When I hear that, it makes me think, Okay,
I've got a good idea of what you can do
without money, nothing like literally sit on it, park it
in your highyield savings and earn that five percent.
Speaker 1 (07:38):
Yeah.
Speaker 2 (07:38):
And if you're not earning five percent, we've got an
article for you to that explains how easy it is
to switch to an online savings account but is offering
a sweet percentage like that.
Speaker 1 (07:47):
And it's funny you said you were kind of rooting
to get money back to get a refund. I wasn't. Well,
the average personal finance person would say, well, that's just
an interest free loan to the federal government. Raechnically true. Yeah,
And there is truth to that, of course, and that
if you had kept that money around in getting paid
a little more with every paycheck, funneling that into a
savings account, especially into one of these high yield savings accounts,
(08:09):
you would have done better than waiting for the refund.
But there's also some truth to the fact, Matt, that
it's a great force method of savings for people, and
most people don't encounter a lump sum to quite this
extent at any other point in the year. So I
kind of like in some ways the way tax refunds
can work for people as long as they're willing to
do the right thing when they get it back in
(08:30):
their hands. Yeah, I totally agree.
Speaker 2 (08:31):
Man, Let's talk about working from home, because we've all
witnessed the dramatic shift towards working from home and then
the whiplash back in recent months, right as many businesses,
big companies as well as they have pivoted on their
policies and demanded their workers to return. Oh you moved, idaho,
I we need to know back seriously, Like a lot
of folks got used to that flexibility. I remember reading
(08:51):
stories about grandparents who, like boomers, who are still working,
moving closer to their kids so they could be closer
to their grandkids or vice versa. Right, younger families moving
to where the childcare kind of built in childcare is
in some of those more retiree cities. It's kind of crazy,
how I guess At the time, a lot of folks
were writing about how this is the new normal, and
we quickly got used to the idea that all, right,
(09:13):
things are never going to return to the way that
they were. And granted they may not, but it has
reversed course to a large extent. And even if folks
stayed local, going back to commuting to work right, like
it's an entire lifestyle, that might be a bridge too far.
But we've also mentioned how pay and how promotions those
(09:33):
are going to folks who are back in the office more.
And we're talking about even just going hybrid, right, just
going in like two or three days a week, that
can have a positive impact on your career, on your earnings.
And new data, new numbers from ZIP recruiter proves this.
It hammers his home. They've got data that shows that
workers who swap from fully remote to fully in office
(09:54):
setups in the US through twenty twenty three, they received
twenty nine point two percent pay ABOUMP nearly thirty percent,
And that's basically double of what those moving the other
way what they experience. And so it's just another example,
another just more when at the back of folks who
are saying, oh, maybe I should consider going back into
the office if that career advancement, getting a pay raise,
(10:18):
if that's a.
Speaker 1 (10:18):
Priority for you. You mentioned the commute, and maybe someone says, actually,
my commute was an hour and a half each way.
That's three hours of my life. It's not worth the
extra pay I would otherwise get. But this, this is
the reality of the workforce right now. Right in many cases,
you can have the flexibility that you want or the
bigger paycheck in the opportunities for advancement. Getting both at
the same time is tough to come by, right, And
(10:39):
that's not in all cases, But this is the general trend.
I mean, the truth is businesses are largely taking the
carret approach right. They are incentivizing in person workers with
higher pay. I mean, I guess you know some businesses
are saying come back in or else. That has certainly
been the case of some employers. And this is a
personal choice, of course, but knowing the trade offs you're
(11:00):
making is crucial. It's the same kind of trade off
that you have to make if you opt to work less,
like we've talked about a couple of weeks ago. There
can be really great reasons to make that decision, but
know the ramifications. I think some people might say, I
really like the work life balance I've been able to achieve.
Going back in the office non starter, like don't even
bring up the topic with me. But other people might say,
(11:21):
you know what I'm especially if you're younger in your
career and you've got the go get a attitude, you
might say, no, no, no, I'm going to find myself going
back into the office more because I didn't realize the
stakes were that high. Yeah.
Speaker 2 (11:31):
Plus there's an element of it that's just fun, right,
like literally, like we are embodied creatures, right, Like you
can't like we're tied to the physical world and we
can't just like tap into the matrix do your knowledge work,
which you can do, but then to expect the same
kind of fulfillment I think from that work, then more
you to go into the office a few times a week.
Speaker 1 (11:50):
I think it also depends on the kind of person
and the kind of setup that they have, because some people,
Matt they find themselves working in their bed and it
can be kind of sure, that's a tough setup. Or
let's say you're like, oh, let me get some laundry done.
Speaker 2 (12:02):
You kids just I think, yeah, I totally agree. I
think it leads to poor outcomes.
Speaker 1 (12:06):
Not for everyone.
Speaker 2 (12:06):
I mean I think for some people. Yeah, for some people.
But I guess when I'm highlight I'm not saying that
work is like the panacea. It's not like the It's
not the solution to every problem here, but it is
an outlet for folks to be able to experience some
of that in person, some of those in IRL hangs.
I think that's not something to completely dismiss.
Speaker 1 (12:23):
It's for better or worse. It is one of the
number one places we find community these days. Yeah.
Speaker 2 (12:28):
Also the job market, man, it is in constant flux.
There's a lot of questions as to like maybe what
the future of work is going to look like. But
we have been in a pretty tight labor market for
some time now. With the unemployment rate still hanging out
below four percent, it could actually get even tighter. As
resume dot com they find that one in eight retirees
are planning to return to the workforce in twenty twenty four.
(12:50):
They are quote unquote unretiring.
Speaker 1 (12:52):
My grandma just turned ninety three, Matt I told her
to go get her job, get back out there.
Speaker 2 (12:56):
Well, well literally, the rise and cost of living like
that's cided as the main reason to secure a steady
paycheck again, and I think it's going to be easier
than it normally is to land a job because employers
they are so desperate for talent. So I dude, I
think kudos to the sixty five an overcrowd for getting
back out there. I think a part time job in
those years can provide some meaning, but also again that
(13:19):
in person connection it can help you to stretch those
retirement funds a good bit.
Speaker 1 (13:23):
Further as well.
Speaker 2 (13:24):
And I think more than anything else, I think there's
a problem because I feel like going back to work
it almost feels like a failure. It's like, man, I
did a crappy job at setting aside enough work, and
I want us to shift the.
Speaker 1 (13:35):
Narrative meets setting side enough money.
Speaker 2 (13:37):
Yeah, what I say, work work, no sitting aside enough
money for retirement, And so I don't know. I just
want us to have a more dynamic relationship with the
work that we're able to provide. I think historically we've
had too much of like a black and white picture
of what retirement looks like. It's basically like, you are
going to work this job that you hate, and all
of a sudden, at a certain point, then you're going
to be able to relax and do something you.
Speaker 1 (13:58):
Love as a post beach.
Speaker 2 (13:59):
Yeah, posed to like a metaphor, and it made me
think of coffee, and when I first got into coffee,
started grinding my beans at home because of course that's
how you make good coffee at home, right, The way
you grind your beans is using a little spice grinder,
you know what I'm talking about. Oh, you drop them
on top, you put the cap on, and then you
just hit go and you just cross your fingers. Who
(14:19):
knows what's gonna happen, but you know your beans are
gonna get chopped up.
Speaker 1 (14:22):
And it didn't.
Speaker 2 (14:23):
Necessarily lead to the best quality of coffee. But guess
what you can do now. You can buy these burg
grinders and you can dial it in man like, you
can choose the size of grind that you want. And
I think that's how we should think about work. There
are so many additional opportunities for folks to choose the
type of work that they want. It's not like I
think there are very few communities where the coal mine
or the factory or the mill is like the sole
(14:45):
employer for an entire town. There are so many part
time gigs, virtual work. There are just opportunities, I think,
to make money, perhaps more than what folks are willing
to acknowledge.
Speaker 1 (14:54):
That's out there, that's all. Yeah, No, I think you're right,
and I don't see it as a sign of failure
at all. I think recognizing that earlier in your retirement
years that wait a second, just money isn't gonna last
as long as I thought, or you know what, I
am missing some of that connection. I think it can
help write the ship earlier on. And I think it's
becoming so commonplace now. It's not like you have to
explain to your family and friends, Oh this is why
(15:16):
I'm going back. I think most people understand there are
a slew of reasons where folks who have bag work
they decide to go back to work. There's a lot
of like good cause to do that and go in
that direction. So totally no shame in that game. No,
it's not just our parents generation, by the way, that's
interested in getting a new job. I was shocked to
see this stat mat from moster dot COM's work watch report.
(15:36):
They found that ninety five percent of workers want a
new job right now, and I was like, I get
that a lot of people want a new job or
want something better maybe, but ninety five percent, Like that's crazy.
Nineteen out of twenty folks really want a new job.
And again you got to take this with like a
grain of salt, because master dot com is a place
where you search for jobs, and so they want everyone
to feel like, hey, everybody's doing it. Go ahead, search
(15:56):
for a new job. Everyone is And so I guess
what this reveals is that somehow now nobody likes their
current job and everybody wants something better. In some ways,
I think that that is totally fine, but you also
have to realize that grass isn't always greener on the
other side, although the pay might be higher on the
other side, which is definitely something to take into consideration.
The ADP, the payroll company, they noted this week that
(16:19):
the pay gap between staying put and going on to
get a different job is growing again. It was really
wide there at the height of the job market insanity,
and seem to kind of calm down. And now if
you switch jobs, you're going to get on average, like
a ten plus percent pay bump, and if you stay put,
you're going to get about a five percent pay bump.
So that can be one reason to mosey on down
(16:42):
the road. Maybe it's a better work environment, better work culture,
better pay, better benefits, all sorts. Of things can be true,
but I think it's also true that a change of
scenery doesn't necessarily fix all of your problems that you
might have with with work. That's true.
Speaker 2 (16:54):
Yeah, Okay, one last story to cover on the workfront
or the job front today, because we don't want folks
to worry too much about all the retirees who are
coming back to work or all the job hunters out there.
Speaker 1 (17:05):
They got the fever.
Speaker 2 (17:06):
There's a new analysis from MIT and they find that
six and ten jobs currently in existence that they weren't
even a thing back in nineteen forty. And on one hand,
this kind of makes sense, but it's also kind of shocking, Like,
for instance, an airline designer like that wasn't a recognized
job category until nineteen fifty. I guess when they needed
(17:27):
not just the engineers making the planes.
Speaker 1 (17:30):
Not just two brothers on a beach in North Carolina.
Speaker 2 (17:32):
Yeah, it makes me think about like our podcasting, is
that actually still a recognized job category.
Speaker 1 (17:37):
I'm not sure if it does.
Speaker 2 (17:38):
But this is just a reminder that we don't know
what the jobs of tomorrow are going to be, and
so we would recommend for folks just to constantly be
thinking about the kind of work that they're doing and
how like what you're learning as well. Like we went,
folks out there to build skills, build a network, and
I think you will find that you can more easily
adapt to some of the different job market changes and
some of the different trends that you might see in
(18:00):
higher industries going in and out of Yeah, basically you
got to be like Bruce Lee, didn't he say, like
be like water or whatever? You want to be adaptable. Yeah,
you gotta be adapted, Okay, a chameleon of sorts. All Right,
We've got more to get to on this episode, including
an Amazon endeavor that's biting the dust. We'll talk about
that and more right after this. Let's continue with our
(18:28):
Friday flight Joe. And of course, you know we've got
our ludicrous headline of the week, and this one is
from Axios and the headline reads, Varo Banks new line
of credit.
Speaker 1 (18:39):
Will cost you four hundred dollars. This is so Varo.
Speaker 2 (18:43):
I don't know if folks, they weren't necessarily on our radar.
They were one of the one of the newer I
guess Neo Banks. They're at it again. They're shelling out
a product that looks decent on the surface, but technically
like once you actually dig in a little bit, it's
rotten underneath.
Speaker 1 (18:56):
It sounds so good in the marketing material though, Yeah, exactly.
Speaker 2 (18:59):
They're touting that you can borrow up to two thousand
dollars at any time and just pay an affordable fee
and zero percent APR.
Speaker 1 (19:06):
All right, it's like a it's like a.
Speaker 2 (19:08):
Backup to your emergency fund, Like I want to always
have two thousand dollars at my disposal, so whatever I
want with what a great product, thanks Barah. It's not
a great product in reality. The quote unquote affordable fee
to nab that two thousand dollars is a four hundred bucks,
which doesn't sound affordable in the least a lot of money.
So you end up paying the fee upfront, and you
can't pay off the loan early, and so that zero
(19:30):
percent APR it ends up becoming something more like thirty
five percent in interest.
Speaker 1 (19:35):
If you treat the feed like an interest trader. Yeah.
Speaker 2 (19:37):
Yeah, And so we wanted to put this out there
because from what I could tell, it seemed like Barrow
they've got a pretty sweet app. It's well reviewed. It
seems like some of their savings offerings are pretty decent,
but be careful what lending products you choose, because they
might sound great, but the fine print can get you.
And yeah, personal loan would be way better than this,
Like yes, Well, in to their defense, they're like, well,
(19:59):
we we're trying to create a product out there that
is clear and transparent and it's upfront and you know
what else is upfront and pretty straightforward, like payday loans.
But that doesn't make it a good product. And so
I don't know if I want to completely bash on Varo,
because I think they might be they might be offering
something decent other for folks, but I think they're counting
on the fact that they might have a decent reputation
(20:21):
and a well reviewed app to slide in this crappy
financial product, something that is like borderline predatory and we
want you to stay away from it.
Speaker 1 (20:28):
And no way I'm ever going to consider something like
paying four hundred bucks. No mab it tax has two
thousand dollars in debt, Like that doesn't make any same.
Another warning. While we're issuing warnings, Matt, let's talk about
car wrap scams. The FTC, the Federal Trade Commission just
issued a warning about that this past week, and so, like, basically,
these car wrap scams are when you get an email
(20:50):
or a text and they're purporting something that's of course
too good to be true. Five hundred bucks or more
each week for wrapping your car with an advertisement. Hey,
why don't you get paid just to drive? It's pretty sweet.
You don't have to ferry passengers. It's just the advertisement
on the outside of your car, which sounds so nice,
but of course it's not based in reality. The catch
(21:10):
is when you get sent a check to deposit in
your account in order to pay the wrap installing. Right,
so they say, hey, here's this like a fifteen hundred
dollars check. Now you can go ahead and pay the
person to put the rap on your car. Well, the
scam is that you pay the installer your hard earned
dollars and the check was fake. You find that out
days later. By then your money is gone and the
(21:32):
bank has clawed back the money that looked like it
was deposited in your account. And so if anyone says
you need to fork over money to make money, that's
always a red flag. Ye, hey great, yeah, we'll give
you this job, but you have to buy your own supplies.
We'll send you a check to cover it. Those checks
are usually fake. And the truth is these car rapp
scams have been happening for many, many years, but real
car wrap companies do exist. I've actually done it. Yeah,
(21:55):
you've got personal expense. I had the Salesforce wrap on
my nieces on leaf. It was awesome. Rap Ify the
only one I know of that legit. I believe carver
Tize is another one that some people have said is
a good one. But I also made a few hundred
bucks in a month, not five hundred bucks a week now,
So these people are saying thousands of dollars a month,
I'm saying hundreds of dollars a month, and there's a
(22:16):
big difference there. You might get paid some money to
wrap your car and drive around, but you've got to
meet a bunch of different requirements. There has to be
a campaign in your city, and you've got to go
through one of these legitimate companies. When the majority of
the companies in this space are fake, they're scamsters, that's right.
Speaker 2 (22:28):
Yeah, if it's too good to be true, it probably is.
Joel's talk about consumer appliances, because we've talked on the
show about how annoying planned obsolescence can be. We talked
about this back in episode two sixty six actually, and
how it is that you can avoid planned obsolescence as
much as possible. Well, the Journal they recently published a
story about the premature death of home appliances. They highlighted
(22:50):
specific this is pretty crazy that yelp they have reported
that appliance repair calls that they're up fifty eight percent
year over year, Wow, which is it's like a startling
number in my mind. And a lot of that is
because similar to new cars, there's more complexity involved with
home appliances. There are more moving parts and that means
a higher likelihood of repair needs. So just be careful
(23:13):
out there which model you end up going with. I
think the best device we can offer is to keep
your old appliances around longer maintaining your stuff. Maintenance is
way underrated, but that lack of complexity of older models,
oftentimes it works to your advantage.
Speaker 1 (23:27):
Less computerized, fewer screens.
Speaker 2 (23:29):
And of course read reviews on a sitel like Consumer
Reports to find which makes and which models have the
best predicted reliability. As we haven't even touched on this,
but the inflation numbers came back. Was it yesterday a
couple days ago? Higher than expected? And I also wondered
too how much folks are thinking, Oh, shoot, I can't
afford a new one. We just get this one fixed.
It almost feels like a canary in the coal mine
(23:52):
a little bit, you know, almost like a leading indicator,
because when you have something broken at home, if you're
flushed with cash, what are you going to do? Ah,
I'm not going to go through the hassle of getting
that thing repaired. But as more folks are feeling their
expenses creep up over time, it's like, well, shoot, normally
I would have just tossed that coffee grinder, but in fact, no,
I need to get this thing repaired, fix it because
it costs less typically. Yeah, but one other.
Speaker 1 (24:15):
Thing, Matt, just randomly, I don't know why I thought
of this, but front loading washers. I feel like those
in particular are bound to have more problems, Like it's
like a step backwards in the technology as opposed to oh,
like do they make cups that open from the side right?
It's just it's inherently a It seems like important we
have one at our house because they were there when
we bought it. But it's it's not ideal. I don't
think you don't like it. I mean, well, I just
(24:36):
they're not going to last as long typically from everything
I've read and seen and experienced. And so it's those
kind of thing making those decisions on the front end
when you're buying something, Buying the cheapest thing isn't probably
the best move. You want to buy the thing that like,
for instance, with dishwashers, Bosh dishwashers for some reason take
like the top five slots on consumer ports reviews. So
German engineering maybe. Yeah, So it's like, okay, cool, I
(24:57):
guess that's the only dishwasher I'm considering now, even if
it means spending a couple hundred bucks more than one
of the cheaper counterparts, yep, because yeah, guess what, You're
going to get more life out of the machine and
potentially pay less overall from a per use standpoint. All right,
let's talk about a failed Amazon experiment, a promised way
of shopping just bit the dust. Amazon is doing away
(25:18):
with their cashierless stores, which means no picking up your
groceries and just walking out anymore. And granted it's not
like these were a diamond dozen. But I was like
curious to see this experiment. I was kind of hoping
that this technology would take off and would change all
our lives and make shopping easier. Because nobody likes self
checkout the company. I don't mind it. It's not the
worst thing, that's all right. The company said, though Matt,
(25:41):
that technology was driven entirely by computer vision. But what
I found interesting was a significant portion of what they
call just walk out sales required manual reviews by a
team in India. This was a team, not just a
few people, a thousand folks watching video to determine how
much to charge customers on a huge chunk of their orders.
(26:02):
So like this primetime technology was essentially less expensive humans
across the globe watching video of people doing their shopping,
which is crazy. Smart stores and shopping carts are still
being tested, of course, and they just might make shopping
more convenient in the future. But this technology, at least
right now, wasn't ready for the primetime. And if Amazon
can't do it, who can.
Speaker 2 (26:22):
I don't understand how this is just not considered a
complete scam. It literally makes me think of fairness. Elizabeth
Holmes where she's like, oh, you got this thing, this
magic box, and it does this thing. Well, actually it
turns out it doesn't, and you're just making up the results.
That's essentially what they're with. What they're doing. It makes
me think of like The Wizard of Oz, where it's
just like, oh, the Great Oz, but really it's like
this dude pulling all these levers and it's not magic
(26:43):
at all. There's no like special proprietary technology, special effects. Yeah,
it's ridiculous. By the way, we're talking about shopping. But
shout out to all the peeps on the West coast
because ninety nine cent only stores they announced that they
were going away. I think the liquidation sales started late
last week.
Speaker 1 (26:59):
If we drank beer on the Friday flights, I had pouring.
Speaker 2 (27:01):
Out, poring out for ninety nine cents only. But there
is an investor who is talking about maybe buying the chain,
keeping it alive. They've got a cult following evidently out west.
This is all new to me because I've never been
into a ninety nine cent only store.
Speaker 1 (27:14):
But I love friend Joel who works with us on
howamoney dot com. He reached out to me right when
this news broke a tear faced emoji. He's like, this
is my go to place for so many groceries. This
is I'm gonna have to up my grocery budget. Yeah.
Speaker 2 (27:27):
Well, between Aldi and Letal, maybe they've got it figured out,
but h I don't know. The more competition typically the better. Yeah,
and we're sad to see another low cost provider, low
cost retailer.
Speaker 1 (27:38):
Like that bite the dust. Yeah exactly, And you're spot on, like,
it's not just that this store, which prioritized low costs,
is going out of business, it's that it reduces the
competition in the space, meaning other retailers can raise their
prices more than they otherwise were able to. When ninety
nine cents Only was still in business.
Speaker 2 (27:53):
It my favorite retailer name out your mouth, drovel. Well,
what you're saying that all he's gonna raise their price?
Speaker 1 (27:58):
No, no, no, no, I'm just saying, like, even if there's
no all the neighborhood, all the other grocery stores they had,
they were freaked out by ninety en cents only because
it kept prices at Bay totally in their source too,
and they weren't able to reap those high profits as
they would like to. And now they might be able to,
but maybe not. Maybe this investor will keep nine nine
cents only alive. We're hoping. By the way, so we're
talking about groceries, how many times have you thrown something
(28:21):
out because of the date listed on that food? I've
never never no waste of food over here. Man, look
at you. You are very good about food waste, I
will say better than I am. But my guess is
for most people mat the answers a lot. Like they
saw they saw the date on the on the packaging,
and they said it's not good anymore. They didn't even
smell it, they tossed it.
Speaker 2 (28:39):
It's like it's over a third, noill of all groceries
that that goes to waste from not being used because
it goes bad.
Speaker 1 (28:45):
Isn't that crazy.
Speaker 2 (28:45):
It's like I think it's literally right at forty percent.
So it is literally the number one cost in your
grocery budget. Is you literally not eating the food because
it's set around for too well.
Speaker 1 (28:55):
And sometimes it's just because we went off to eat instead.
And think about what that's doing to your grocery budget.
So it's a massive problem. I think part of the
problem is dates can be confusing the dates on the packaging.
But there's a new bill trying to provide some clarity.
It hopes that we can all waste less food because
there's essentially been zero regulation of the best buy labels
some stores. We're trying to do something like Kroger to
(29:16):
incentivize the producers to create a better system, but that
ended up kind of falling on its face. And this
is the solution that they're proposing, is to have two
dates on the packaging, a best if used by and
a used by date. Right, so it would help us
know the optimal freshness of eating or drinking something and
then knowing when the item is truly not consumable any longer.
(29:37):
I kind of like this, I like, why not have
two dates? Why not have just better information on the
packaging for people? Because we have the one date, and
even if it's a lot of times it is a
best buy, it doesn't mean that it's trashed, but people
trash it anyway, and I think that does result in
more food waste than we'd otherwise have.
Speaker 2 (29:51):
Yeah, I bet you know how I feel about this.
You probably don't like it. Yeah, I don't like it
because there's a judgment call involved, because who is the
one that gets to decide if, like, if this is
actually suboptimal. You know that it's the best used by
But I'm the one who decides whether or not I
get botulism or not.
Speaker 1 (30:06):
You know, it's up to a company.
Speaker 2 (30:09):
But I'm afraid that something like this could potentially lead
to more food waste because someone just looks at the
date and they don't give it the sniff test. They're
not like because folks, when you put label you know,
put dates on labels, there's liability there because you are
now saying that beyond that date, the food is no
longer good. And so I think, uh, manufacturers, food prepares,
(30:29):
whoever they're going to air on the side of being
safer than sorry.
Speaker 1 (30:32):
Yeah, and that makes sense.
Speaker 2 (30:33):
That's the part that where I'm just like, just give
it the old sniff test, you know, like you know,
whether it's leftovers, whether it's something you haven't opened yet
the can, if the can is bulging and you're pantry, Yeah,
you might want to.
Speaker 1 (30:43):
You might want to. Can I tell you what the
best solution is eating chickens. We just got backyard chickens,
that's right. We haven't talked about that they haven't. So
that happened just literally last week break, and we have
a nice little brood of chickens in our back card gaggle,
and it has made me feel so much better about
us not eating every single thing that goes into our
fridge because those things somehow magical, it gets transformed into act.
(31:06):
That's right, that's right. It's so awesome. So it's been
so fun to scrape plates, scrape the food off our
plates at the end of dinner into this like one
little bucket that we're going to feed the chickens with.
And so yeah, if you're like, find yourself wasting too
much food, get some chickens, You get some eggs. You'll
get and who doesn't like eggs? Some fun pets, they
are pets, and then you also get to wasteless food.
Speaker 2 (31:27):
Okay, we're talking about labels on food potentially used by
date and of course there are nutrition labels on the
food that we buy, but what about the equivalent for
the internet. Well, the SEC they are making it mandatory
for providers to outline prices and fees in a similar
style layout. It's got the I mean literally, it looks
(31:49):
like like a nutrition label, except that it's Internet information.
It's like telling you which which fees are the rates,
the fees some promotional period renting in the modem, that
kind of stuff. Yes, yeah, I think this should make
comparison shopping a bit easier for folks. And this I
can actually, I actually can get behind because there's no again,
there's no sort of judgment call. There's no qualitative decision
(32:12):
making it right. Like it's it's hard to lie.
Speaker 1 (32:13):
When it comes to them.
Speaker 2 (32:14):
Well, you can lie when it comes to number, but
when you are when you are looking at like hard
numbers like fees or data caps, things like that.
Speaker 1 (32:21):
This is just going to make it a whole lot
easier to compare things. This is all about transparency in
a part of the economy where there's not a whole
lot of transparency. What is the promotion? How long does
it last? Am I paying for to rent this mode?
Or am I not? It's hard sometimes for consumers to
compare apples to apples when it comes to internet pricing.
So I do think this is going to be good.
You're gonna be staring at the exact same thing on
(32:41):
two different websites or on promotional materials in the store. Yeah,
I think anything that increases transparency and your ability to
shop effectively is good.
Speaker 2 (32:49):
Yeah, totally. And I think the other part too that
like that makes us good is that they're not mandating.
It's not like they're mandating a certain speed, which would
then mean the entire industry has to raise prices or
something like that. They're just saying, Hey, no, this is
the information we want you to provide in this format.
I can get behind that delivery of information.
Speaker 1 (33:05):
Don't forget, by the way, like Michael talked about on
Wednesday's episode, to at least consider some of those five
G providers because they provide fairly fast home Internet's really
easy to set up, and it just might be cheaper
than your other offense.
Speaker 2 (33:16):
Yeah, leave no rock unturned as you are trying to
cut down on your monthly expenses. A quick newsletter referral
shout out to a bunch of folks who shared the
how to Money newsletter, which comes out every Tuesday morning
with all the best money earning, saving and investing information
out there. But shout outs to Katie.
Speaker 1 (33:33):
M I'm gonna call this.
Speaker 2 (33:34):
Guy, Homie King, s Lamore, and Jim up in New
York City. Thank you all for referring to the newsletter
to some friends of yours.
Speaker 1 (33:43):
Yeah, and so if you currently subscribe, well, refer the
newsletter to friends, you'll get a shout out and other
awesome the opportunity to arn other awesome potential things.
Speaker 2 (33:51):
Like a beer on us which I was thinking about
this with inflation, I feel like we ought to increase
the price of true because beer literally costs more. So
maybe when we have it at six bucks now, we'll
reize eight. What if we do that plus like an
extra buck for tip? There you go, because right, like,
typically if you're gonna go out and you're gonna buy
a beer for somebody, it's like you're paying for There
you go with the bartender as well.
Speaker 1 (34:11):
We're gonna make Did we just up it to nine bucks?
I think we did, Okay, I'm totally fine with that.
All right, So if you refer more of your friends
and family to the newsletter, you'll get paid more when
we send you beer money the true cost of a beer,
all right, not just the Aldi beer in a six pack, which,
let's be honest, if you like beer, the Aldie beer,
the Carklan signature beer, it just doesn't cut it. So
(34:32):
all right, that's going to do it. For this episode,
we'll put links to some of the articles we mentioned
up in the show notes on our website at how
to money dot com.
Speaker 2 (34:39):
That's right, buddy, So until next time, best friends out,
best friends out.
Speaker 1 (34:55):
Their layers. Only right, these are broilers. That's right.
Speaker 2 (34:58):
You're gonna end up eating the chicken. No, No, too
much of an attachment to UH to force the kids
through that.
Speaker 1 (35:05):
My ten year old would weep. M
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