Life is Life!

Twitter can be a very tough outlet and a person can take a lot of heat for their opinion, experience, take or what ever you want to call it. One thing for sure is it is full of opinions. Recently a tweet went viral in the personal finance world when a car salesman posted this tweet..

Just sold a 2015 Audi to a 26 year old whose main concerns were paying 0 down and having something “better than a nissan.”

Monthly $835 and she’s hype. APR 28% and she didn’t even ask

Unfortunately this is a scenario we have seen time and again. The Talk Wealth to Me crew breakdown this tweet and the responses that followed.

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GAS PRICES!!!! Yes, if you drive a car you are aware of the meteoric rise of gas prices. There are a few reasons for that but does it matter why it is happening to those of us who have to commute, take kids to practices, etc? Maybe that's great for debate with friends and family but really all that matters is what it's doing to our bank accounts and budgets! Today the Talk Wealth To Me crew with Katie, discuss the pain at the pump but also how to save yourself as much as possible.

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Youth sports is a billion dollar business that has completely changed the landscape of how our kids participate. Sports used to be seasonal, soccer in the fall, basketball in the winter, baseball and softball in the spring; enjoy your summer break. Not anymore, kids are starting earlier and playing longer seasons. Parents can pay as much $1,200 for six year olds to play soccer year round.

Chase just got back from a volleyball qualifying tournament in Salt Lake City and has two children in three travel/club sports and one pop warner. The Talk Wealth To Me Crew discusses the financial impact that families will take on to have their kids participate in sports. Is it for the right reasons?

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Losing weight and eating healthy can be expensive but does it have to be? The U.S. weight loss market came in at a record $78 billion dollars in 2019. If some of that was your money you are not alone, we contributed to it as well. 

In this episode we talk personal finance and eating healthy. Can we take care of both our health and budget simultaneously?

We also learn about our own Phil's new goal to lose 50 pounds by the end of the year. His plan? Applying the principles of budgeting to calories.  Also how he plans to make a profit during his weight loss journey. 

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Gaming has become a part of our fabric. It's not just kids and teens spending endless hours staring at a screen. Video games have been popular since the Ralph Baer, licensed his console to Magnavox which sold to consumers as the Odyssey in 1972, according to History.com. From Intelevision to Atari,  Nintendo to Sega and Xbox to Play Station the video game Industry blown up and generations are playing every day. Parents struggle with how much is enough and what kind of games should they be aloud to play? But the cost of these systems, games, downloads, equipment and downloads can add up quickly. It's not going away, so why not learn a life lesson or two on the way? This week Felipe and a reluctant Chase, discuss how gaming can be a great tool to teach personal finance and financial responsibility.

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It’s safe to say that during the pandemic even some of the most disciplined spenders made an impulse buy or two. What happens when that impulse buy is the largest purchase of your life? With the boom in the housing market many took a leap and purchased a home. Now as the dust is settling are there regrets? 

The team sits down to talk about a story in the New Your Times about individuals who looking back feel it may have been better to wait. One example in particular got the debate going. Is it possible to be house poor after being able to buy a $1.45 million home? How over budget is too over budget?

Chase also asks Katie and Felipe about their experience and how they feel in the year after they took the leap and became first time home buyers in 2021.

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The home purchase and rental market in cities across the U.S. has seen prices increase drastically over the last number of years making it difficult for a lot of Americans to find affordable safe housing. This week we sit down with Windermere Homes and Estates and the Bannister Group, Mike Bannister who brings 25 plus years experience in the real estate industry which means he has seen major shifts in the market through the years.

Mike and the boys discuss the reasons for the sellers market we are in today, how we got here and what you can do if you are the seller, buyer or even a renter. 

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Every year in February the eyes of the sporting world, at least here in America, tune in to watch a football game. But are they all tuning in to watch the actual game? Some, including Felipe, once again could care less about who wins the game. Instead once a year Felipe watches television for the commercials? He is not alone and companies from all industries know millions will be watching so they spend a small fortune to try and grab your attention.

This episode we ask ourselves. Do these often funny and entertaining ads really get us to go out and spend more? Could skipping the game and ads that go with it be beneficial for our budget? 

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Both Chase and Felipe recently had children sent home from school due to COVID or exposure to COVID and that got them thinking. What extra financial burdens is this causing parents who can't work from home to care for their children? What about people who's job requires them to be in person? Are there laws to protect the worker? 

Also, a special thank you to all of those who keep the things running!  

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Saving for ones own retirement and financial goals is hard enough. When that responsibility is added to the cost of being a parent and caring for ones own parents you get the Sandwich Generation. This situation can be a financial burden to most people's budget but are all sandwiches created equal? What can you do to avoid ending up financially unprepared?  How do you break the cycle? Grab a bite to eat and enjoy the conversation.

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