The Rachel Cruze Show - 6 Money Moves to Up Your Financial Game

Episode Date: March 27, 2023

Upping your financial game sounds hard—but it can actually be really simple. In this episode, we cover the money moves guaranteed to help you reach your goals, as well as the financial facts everyone needs to know.   In this episode: ·      6 Money Moves to Up Your Financial Game ·      Facts About Money Everyone Should Know Helpful Resources: Christian Healthcare Ministries EveryDollar                                                 Sponsors pay the producer of this show, The Lampo Group, LLC, advertising fees for mentioning their services or products during programming. Advertising fees are not based upon or otherwise tied to any product sale or business transacted between any consumer or sponsor. The following sponsors have paid for the programming you are viewing: Christian Healthcare Ministries.   Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

So let's walk through an example here. Let's say you have a $220,000 mortgage on a 30-year fixed rate loan with 4% interest. So if you make an extra payment of $1,050 every quarter, you'll get your mortgage paid off 11 years early, which saves you $65,000 in interest. Really? Yes. That's real math. Hey, guys, welcome to this episode of the Rachel Cruise Show podcast.

I'm so glad that you're here. So in this episode, we're going to talk about money moves to boost your financial game. So I thought I would bring on my friend and co-host of Smart Money Happy Hour, George Camel, to walk through these six money moves that can really help you change the way you handle money. So you will not want to miss it. But first, I'm going to share with you some money facts that we all should know, but may not. Take a listen. So today we're going to look at 10 fascinating facts about money that might just change the way you think about it. I love seeing facts because I'm like, okay, this is what's actually happening out in the world.

And again, it helps me with my perspective sometimes, but I can get down and out to be like, okay, this is what is really happening. So facts are your friends, as my friend, Dr. John Maloney says. So let's dive in. Are you ready? Let's start with the big bucks. So did you know that the overwhelming majority of millionaires in the U.S.,

79% did not receive any inheritance at all from their parents or other family members? Yeah, eight out of ten. And while only 21% received some inheritance, and only 3% received an inheritance of a million dollars or more. And those are net worth millionaires. So this is what people own minus what they owe, equals a million dollars or greater.

A lot of them are self-made, you guys. Like, it is so empowering to know that you can still go out and win today. And a lot of these people, again, it's not like big, flashy things that they're doing with their money. They're investing in their 401K, they're paying off their house. Like, they're doing really smart things with their money and they're winning. So it should just give you some hope that you can do that too.

All right, number two, similarly, eight out of ten millionaires come from families at or below middle income level. And only 2% of millionaire surveyed said they came from an upper income family, which again gives hope that, like, yeah, regardless of how you grew up, yes, some people start further along the path, but it shows like, you can do this no matter where you came from what you're doing now if you implement good money habits, smart money habits that you're looking to the future versus just the present that you can win. And if you have not picked up my dad, Dave Ramsey's book, Babyseps Millionaires, make sure to, because we talk about the survey so much in that book,

and he writes about, you know, not only people's stories, but the plan for you to walk down to become a Babysubs millionaire, because it is possible. All right, we have been talking about millionaires, but what about billionaires? So out of 8 billion people on the planet, there are only 3,311 billionaires. Hmm, I don't know why. That's kind of why. That's kind of what I thought there was more. I don't know why.

3,000 doesn't seem like a ton. But granted, we're talking billionaires, which is a lot of millions. Like, it's just a lot of money. That's a lot of money. So the U.S. has the most billionaires of any country at 975. and the next closest is China with around 400. All right, up next, something a little bit more common. Nearly seven and ten reward credit card holders sit on unused cashback points or miles.

So you guys, the credit card companies are banking on you not cashing in and getting your rewards, and they're banking on you, racking up credit card debt and paying interest and making them a lot of money. So this is one place that people kind of get so mad. because they're like, what? You say no credit cards? And listen, do people have a credit card and pay it off every month and use their Southwest points or whatever, their miles? Like, yeah, some people do, but this is proof that a lot of people don't. So you end up, this is true statistically, that you spend more on a credit card because in the back of your head, you're saying, oh, I'm going to get points and rewards. And this just proves that not everyone uses those. So you're spending more

money to do nothing. And again, paying interest if you're not paying off your bill. So be aware of that. Okay, here's another fun one about credit cards. as of 2022 Q4, the average credit card interest rate is at 20.4%. So that's literally the highest it's ever been. So just imagine putting a $1,000 iPhone on your credit card. And that means you will pay $200 in interest to do that. So it is bizarre how much those interest rates have gone up, you guys. And what happens again, if you don't pay your bill in full,

you are paying interests. And people that are struggling when it comes to inflation, they're struggling with their budgets or their jobs, all of it, they rely on credit cards to be the thing that's their safety net. And I want you to rely on your money. That's why I don't want you to be tempted with credit cards, have a debit card, get an emergency fund in place, and all of us will help you avoid 20.4% in interest. Now next up, the average American spends $276 a month on impulse buys alone. So that comes out to $3,312 a year and $1,000.1,000.000.000.000 $198,720 in a lifetime, almost $200,000 in just impulse buying.

So again, not all of that is bad. Things are going to come up that you forget about. But this idea that you're just going to buy on impulse, on a whim, whenever you feel like it, ends up costing you money, so much money. So you just want to be aware of, number one, why are you spending it? What's going on? Because here's what's crazy. Two out of three impulse buys happen when you're in bed on your phone.

and I'm guilty of that too. You're scrolling, you see something. So just wait 24 hours. I sometimes add to cart and not purchase and wait like two or three days. And if I still want it, then I think about it and think, okay, do I have the money? Is it in the budget? All those questions. But sometimes it's just that impulse and you don't even want it. And then 24, 48 hours later, you don't want it anymore. So just add to cart and wait 24 hours and see if you still want it. Okay, here's one about a bigger purchase in life, your car. So a brand new car loses somewhere between 9 and 11% the moment you drive it off the lot. Bump, bump onto the road.

And with a $30,000 new car, that's $3,000 gone, just like that before you even get home. Now, after one year, a new car is worth about 20% less than what you bought it. After five years, a new car will lose around 60% of its value. So here's the deal with cars. I never want you to lease a car. I don't want you to go and take out a huge car loan, because you are paying interest on something,

you're going into debt for something that is going down in value. Okay, so it's just not a good financial picture in general. Now, if you have a million dollar net worth or more, then you mathematically can take the hit of that $3,000, the moment you drive it off the lot. But if you don't have that, I mean, get a reliable used car. You guys, there are so many great cars out there that someone else took that hit

and you could get a two, three, four, five-year-old car, and it's still a great car, save you so much money. Remember, your car is to get you from point A to point B. That's what it's there for. And sadly, in our world today, it's become our identity. It's become so much more than that. But when you look at it on a really tactical standpoint, that will help you save so much money. Take the emotion out and just say, okay, if I didn't care what people thought about this car, then you're probably not going to buy a crazy expensive car or go take a car alone on a nice car. And it's just like, okay, I can save up and pay cash for a reliable used car, which is a great plan.

All right, another interesting fact about your car is that the average new car payment is around $700. And the average used car payment is around $515. And again, this is what's crazy is you are paying that per month, which could free up $700 in your budget. And if you have two car payments for two brand new cars, which a lot of people do, it's $1,400. Like, that's a lot of money per month. That's just going out to car payments. And again, with interest and an asset that's going down in value, it's just an absolute mess. So instead of that, invest it.

Let your money work for you versus paying interest. It's a way to think about it. All right. This one, this one's a little scary, this fact, but one and four working Americans have $0 in retirement savings. Not a fun thing to think about, but here's the deal. Retirement is going to happen, right? Like if you live a great life, and I think the life expectancy in America I saw

was like 79 years old, 80 years old. So when you get to that point, like, you're not going to want to work, right? Like, everyone, most people, it's like, okay, when I get to retirement age, I want to be able to retire. So you want to be able to plan for the future. And I get it. If you're not a saver and you're like, you have to put money away that you could be using now, it is hard.

Like when we fund, you know, Roth IRAs and our 401K, all of that, I have to tell myself future Rachel is going to be so happy that present Rachel is doing this. But it is hard just to put money away and know that you're not going to see it for decades. But when you become older and that retirement age starts creeping in, you can have peace. So, I want you out of debts, have a fully funded emergency fund, and then start funding 15% of your income into retirement. All right. The last interesting fact, which kind of goes back to the last one we were talking about, according to the Social Security Administration, Social Security benefits are only meant to replace about 40% of your income when you're not

working, which means if you solely rely on Social Security, you're going to have to cut back your lifestyle by 60%. So please do not rely on the government to be your financial planner. Do not rely on the government to be the thing that's going to help you in retirement, because some people would even say Social Security is not going to be there when I get to retirement age. Again, you could argue that. But the point is, don't rely on them. You take control of your money, you say, hey, I'm going to get out of debt, get an emergency fund in place, and start funding my own retirement for your future self, and that will give you such peace. All right, I know we covered a lot of these facts, but again, I just want you to understand,

like, what is going on in the world. We hear some lies around, you know, wealthy people or debt, whatever it is. And when you get the facts around you, it does help you kind of steer, hmm, what do I need to be doing? Or I don't want to be that, or I want to be that. So what are the steps I need to take to avoid or to help me get to this financial goal. So the biggest part is to understand that you're the one that has control of your money. You're the one that has control of your spending. You're the one that has control of your income and you have the ability to wake up and make decisions about your money that's either going to further you or push you back financially. Because ultimately, I want you to have financial peace. I want you to have this confidence with your money to be able to

say, man, I can sleep good at nights. I can, you know, do the things that I enjoy and that I want to do. my family tree, I want to give generously. And all of that is so, so key when you understand that you have the ability to make money decisions that can help you. And you guys can do it. You can do it. Today is all about upping your financial game. And I thought, what better way to talk about upping your game than to have George Camelon, my co-hosts? Is that because I'm constantly up in the game? Up in the game, George, all the time. I've never felt cooler and less cool at the same time. All the time. So we co-hosts the Smart Money Happy Hour podcast and YouTube show.

And we just have a lot of fun. And I thought, man, George would have some great insight on this topic. And I just think it's important because there's small tweaks people can make that can really change their financial game. Yeah. It's the little things and they add up to where you go, oh my gosh, I have money. Yes. That's what we want for you.

Because you can like cut Starbucks and all of that. But this stuff is actually you're going to see movement. Yeah. You're going to see movement, which is great. Okay. So start us off, George. All right, number one, shop your insurance rates. For a lot of us, insurance is kind of the set it and forget it type thing.

We get it one time, then we never look at it again. But here's the deal. Life changes, rates change. And don't forget, you're not married to your insurance policy. So if you don't like the rate, your insurer charges, you're wondering, can I get a better deal? I would check once a year. Shop it with an independent insurance agent to see if you can save hundreds and hundreds of dollars a year. And your current company may be willing to price match a better offer to keep your business.

We like that. Yes. Well, competition. This honestly can save thousands of dollars because it's not something that people think about doing a lot. And so, again, if you haven't looked at it and shopped rates in a few years, you could be shocked to know, oh, my gosh, I could really save a lot. Well, and a lot of people are like, oh, my college buddy works at State Farm and he got to set up a decade ago. And you realize, oh, we've been getting ripped off for a long, long time. Totally.

It's time to change. And so I always recommend people shop with an independent insurance agent who's not captive to one company. Yeah, which is so nice. We use Xander insurance. And it is great, right? So when you shop with that kind of person, like an individual broker, you get all different kinds of rates from all different companies and you're not just pulling rates from one company. So it is. It's just helpful to shop around. And I like the peace of mind knowing I'm getting the best deal. Okay, as a frugal person. It's all you want, George. It's all I want life. Is that too much to ask? Too much to ask people, a good deal. All right. You got it, George. All right. I would say look at your tax withholdings because if you have too many, then that means you're going to be getting a big tax.

refund. So what that means, it kind of sounds like financial lingo. It's pretty nerdy. Yeah, so tax withholding is simply where your employer takes a certain amount of money out of your paycheck for taxes and sends it to the federal government on your behalf. And again, if they send too much, then you get a tax refunds. So the goal here with taxes is we don't want you to get a big refund, but we also don't want you to owe a ton. So you really want to find that balance. And the problem is, is people, again, they send too much to Washington and then they get a refund, and they could have been using that money to pay off debts, you could have been using that money to save, to spend, to go on vacation, to go out to dinner, to give. Like, you could

use that money on things in your life right now. And instead, it's just sitting in Washington, interest-free, doing nothing. Why would you give Uncle Sam a loan interest free? E! Charge that man some interest. Okay, he's charging us. We should. So, you want to get this number as close to zero as possible, which is really difficult. You might owe a few bucks. You might get a refund of a few bucks, but you don't want to be way too far. another side. Yeah, that's right. I'd rather owe money than get a refund, which is crazy. Me too, George. People are like, why would you want to owe? Because it means I kept the money

instead of the government. And here's what's even crazier. Again, not that you want to do this on an extreme side, but we usually, the Cruz household, we usually owe taxes. That's usually kind of our game plan. We, I don't think we've really ever gotten a big refund because we would rather pay less taxes and then have to write a check to cover the difference at tax time, which hurts and sucks, but whatever. But it's sitting in a money market account. Oh, growing. Our money growing and so you're kind of making some money to do it. Two, three, four percent? I know, it's not bad.

I'll take that. So I'd rather do that than get a big refund year later. So you can change this with the W4 form. It's a hard word to say. So talk to your employer, get the W4 form. There's a new one, and you can change your withholdings so that you get closer to zero. And you get money back in your paycheck, so that'll change.

Love it. Okay, here's one that is counterintuitive, Rachel. Make an extra house payment every quarter. And the math on this one is amazing. You're going, well, this is a money move to save me money, but it's costing me money? No, no, no. That's where you'd be wrong. So let's walk through an example here. Let's say you have a $220,000 mortgage on a 30-year fixed-rate loan with 4% interest. So if you make an extra payment of $1,050 every quarter, you'll get your mortgage paid off

11 years early, which saves you $65,000 in interest. Really? Yes. Is that right math? That's real math. Just kidding. That's insane, though. So you're going to be mortgage-free 11 years early and save $65,000. All day, every day, all day, every day. 65 grand back in your pocket instead of interest. And before you make extra payments, check with your mortgage company first.

Some companies only accept those extra payments at specific times, or they might charge prepayment penalties. And when you do make the payment, make sure it's applied to the principal. Add a note, check the box, make sure it's going to the principal, not just next month's payment or the interest. And I'd check the math on this one, because we paid our house off early. Yes. So we got a 15-year mortgage.

and we paid it off in 26 months. So I looked at the numbers. We paid about $9,000 in interest over those 26 months. We would have paid $50,000 if it was on a full 15 years, and we would have paid $106,000 if we had done a 30-year mortgage. Is that insane? What are you going to do with $106,000 saved? That's how I look at it.

I'm like, you just made $100,000. So we saved almost $100,000 by paying off our house early. So do what you've got to do, make those extra payments. It's so worth it. worth it. All right, next, I would say don't stop learning about money. So, I know it kind of sounds cheesy. Are they going to say don't stop believing and I got excited?

Oh, I was about to start. She's finally going to sing it. I'm not going to sing. Don't stop. You got it, George. No, no, no, no, I can't. It doesn't have the same ring. In the moment, I was right there. I was right about to go over the singing hill. But I passed. You're more of a learner than a singer. I break it. I think we can all agree on that.

So I really, again, it sounds kind of cheesy to be like, keep be a learner, you know. But honestly, there's a learner. so many things that change in the financial world. Some of it can be really confusing and hard to understand. But if you kind of keep up and know, okay, what's going on, what are the trends I need to avoid? Where are things that I actually could grow and learn in? Because what I'm doing right now isn't working. All those questions are so important. And George, we do this all the time. We read articles. We research. My brain hurts. I'm constantly learning so much. I'm constantly reading

articles, looking at Twitter threads and all kinds of things on the internet just so I can keep up to date. And people send us stuff all the time too. And this is our job. So, obviously, obviously we're going to be doing a lot of that, but just for your own personal well-being, like read books about money. I just read the psychology of money. Yes, you were talking about this. It's so great. It's a great book because even as I was reading through it, I'm like, some of it was really

simple. A lot of it's stuff that we teach, and it's just kind of your mindset around money, but it just validated what I was doing and what I believe. And it also challenged me on a couple of things where I thought, oh, that's a really good point. I hadn't thought about it like that. But again, it just expands your mind. So whether it's a book, whether it's a podcast, I don't care what it is.

keep learning and growing when it comes to your money because that's going to help you make decisions. And when you start to do that, I feel like it just ingrains in who you are and creating good money habits. That's the goal is like it just becomes second nature to you, especially if you have great input coming in. Correct me if I'm wrong. But I feel like if you're constantly reading versus just consuming media and Netflix, I feel like you're like you have a better quality of life. Like the people who are like, I've read seven books this month. They have their life together more than the guy who's like, did you catch episode three of selling sunset, you know?

Which I know we love selling sunset. Don't hate on selling sunset. It's a great show. But you have a very balanced approach. You read a lot of fiction books. You watch a lot of TV. You keep up with pop culture. But you also make time to learn and grow.

I respect that. And I'm watching less and less TV these days, George. Wow. I know. I don't feel like as up on the Netflix game. What about Ted Lassow? I know. It's out.

So I hear we've not watched. Oh my gosh. It's so good. down the book and watch some TV. No, I've watched the first two seasons. I haven't watched the new one. Okay. Good start so far. We're deep in it now, so no spoiler alerts. Okay. Don't give away too much. Next up, talk with a financial advisor. So if you're on Baby Step 4, which means you're out of debt, you've a fully funded emergency fund, now you're investing 15% into retirement. Make sure you've got a financial pro in your corner. Even if you or your spouse, you're well-versed in financial topics. I mean, Rachel's a giant nerd, and she still has a financial advisor that they work with. Do you have one too?

Yes. You're a bigger nerd than me, George, I would say. I know. I love the, I mean, I pepper them with questions where I'm like, I'm probably annoying them. Because I'm like, wait, tell me more. I want to learn more. What about the withdrawal rate? Okay.

So we talk about finances for a living, and we still seek out guidance from what we call smart vester pros. These are financial advisors that are team vets. We trust them to keep you on track with your investing plan. And let me say this, Rachel. It's not just about picking the right mutual fund. There's so much more that they do. Yes.

my gosh, I mean, they get into everything. A great financial planner will sit down and look at your whole picture. And again, we do this every January with ours. And it's like, and it's amazing. Even when we're talking about our giving, he's like, well, you can open up this thing and give out of here and it helps with tax. And I'm like, what? I didn't know that. I mean, like, the stuff that they know, because they live in this world so deeply, it's unbelievable.

And they see your blind spots. They see the stuff you're not seeing because they're, you know, 30,000 foot view looking at this. And they have experience with other customers. So that's what I found. Even our advisor was like, yeah, I had a guy in here yesterday, and we did this, this, and this because of this. And I was like, oh, yeah, there's other people in the world that are doing, having, you know, come to you too.

So, like, they just have... You're not the first one to encounter this. That's right. Yeah, they have a lot of experience. And again, they're looking over your whole picture, which is so helpful. Yeah, like tax planning, estate planning, a holistic retirement strategy. And it gives me confidence in peace that what I'm doing is right.

That's right. Absolutely. So we're going to put a link in the description if you want to get in touch with one of these smart bester pros in your area. Yes. All right. Last but not least is to cut the fat in your budget. Get it out of here. Get it out of there. Get it out of here. Put that budget on a little diet. Because what's hard about a budget, or I feel this way, if you've been doing it for a while, especially if you've been doing it for a while, you just have line items in there and dollar amounts that maybe you just roll over month to month to month. That's how we are. And we went back and re-evaluated our budget this year. And I was like, oh, yeah, well, we have X amount in this line item because it's just how it's always be.

been. Like that's how, and you question that status quo and question, do we still need this? Should we still be doing this? And again, it helps with just like looking at subscription. I don't know, everything holistically of the expenses of the month you're able to look at and say, okay, question, do we need this? Yeah, like we on Tuesdays, Amelia does gymnastics. So we always go to Chick-fil-A on Tuesdays. And it's just like, it's what you do. It's a tradition now. It is. It's the tradition and it's fine. But we've recently switched to soccer, George. So we're stopping gymnastics. So.

What happens now? I said chili in the crock pot because her practice is a different time. All of it. And I was like, bye Chick-fil-A tradition. It's over. I thought you're going to be like, we're moving on to Sonic now. Soccer Sonic Tuesdays. I know.

So, again, it's a change in schedule and things, but it makes you question, oh, well, we've just always done that. And now we're changing it, and it actually will probably end up saving money. That's a good call. Any other things you've cut in the budget recently? We're like, we realized we didn't need that. Two subscriptions, George. Whoa. Yeah, I know.

So we did a showtime subscription. Speaking of TV, we're back to that, succession. Oh, okay. I think it was showtime, right? Is that right? It was what tournament? And so we watched like three or four episodes. We got into it, and then we fell off the train.

But you're still paying for it. You're still paying for it. And I was like, woo. So we mixed that. And then Hulu, because the Kardashians, I watched all the Kardashians, and that's the only reason I got the Hulu. Is it over now? So Winston was like, can we cut Hulu?

And I was like, I never watch it. I don't know why that hurt. Like, I feel like I should just keep. To Hulu, why? Yeah, and I don't know why, because I don't watch Hulu until the Kardashians come back on. I'll probably resubscribe and binge the Kardashians. Anyway, so it's that kind of stuff that I'm like, oh, man. So even my, like, I cloud, I pay for Dropbox and I cloud because I want extra backup.

Wow, double backup. I know, but I cut that one in because I was like, I just need, like, the double. I cut a big one, Rachel. It was like a weight off my shoulders, literally, because I cut my gym membership. How many months did you not go? tell how often I've been to the gym the last few months, but it was a total of two since 2023 started. Oh, that's embarrassing.

Not terrible. I went too dumb. I got so stressed the last time I was there because all the bros are that, they know what they're doing. Oh, it's the worst. They're focused. Yeah, I can't do it. And I show up, I don't know what to do it.

I go to the sauna and just go home. So I cut it, but then I was like, you know what? I'm going to see if I can get a refund. And they refunded me. They did? George Camel. Well done. So I got hundreds of dollars back.

So there's your pro tip. Cancel, but then also ask for a refund. You're like, hey, I didn't use it. It's not what I expected. I don't know what to do. Would you be willing to give me a refund? That's amazing. But it felt good getting that out of my budget,

just in time for lawn care season to start. Plug it back in then. So now we got our lawns go to mode. Because it's great. That beats the gym any day. For sure. Watching someone mow your lawn while you eat ice cream. This is better for my stress level,

which is overall. Do the budget audit. The budget audit, it sounds so lame and nerdy, but it is so freeing. because it's addictive. Like, where else can we cut? Let's check our insurance. Let's cut the subscriptions.

You're telling like my husband now. Let's stop eating out. No, I'm just kidding. Oh, I know. She's got nervous. She's literally getting scared. Oh, my gosh. What would be the one thing?

How about the miscellaneous category? We have a set amount for that. That we've had for years. It's just my safety. It just feels good to have a lot because I know I'm going to be spending money on stuff that I don't know what category. And it's just a safe place. And he wants to shrink it.

He wanted to shrink the miscellaneous category. Winston. I was like, Winston. I was like, Winston, we can't drink that. If you're watching, Winston, don't take that away from her. It's all she has. No, it's my security blanket. That's what it feels like.

Gosh. Why didn't it to strip us of all our joy, Winston? He's not watching this anyway, so I can say all this. It's fine. Oh, so yeah. It's good, though. It's good to challenge yourself. It's good to challenge yourself because you'll end up saving money.

So. That's what it's all about. Okay, so those are six pretty simple money moves. A kid feel like a lot. So listen, I'm going to just challenge you. Try to do all six this year. That's good. And you could say,

thousands, maybe even tens of thousands of dollars on some of this. So it will upgrade your finances. You will find some cash. And I promise it will help so, so much. Yeah, you'll get a gold star. If you do all six and you report back to us with how much money you saved, I don't know what we'll do. We'll send them something. For sure. Absolutely. I'll make that promise. We'll figure it out. But yeah. It's the honor system. Okay. Don't lie to me. Don't lie. Be truthful. Be truthful. George, thanks for coming on. Always a pleasure. I know. So this is also helpful because, again, helping you guys find some margin in your budget is what we love. It's what it's about.

We'd love to do that. So, George, you have some pretty big news. You want to share it? Huge news. You want to share it? Yes, I was really jealous of your YouTube channel. And so I'm finally getting one of my own. The George Camel YouTube channel is coming to your eyeballs April 3rd.

And the content is going to be fun and snarky and deep dives, covering all the trends, all the traps, helping you understand what the heck is going on out there. with money, how it affects you, and I hope you tune in. You're going to do great. Thank you. I need the encouragement. As a YouTuber, it's scary because I feel like the old guy in the room. Okay, see, yes, and I know y'all are watching on YouTube, so I know you're here.

I don't feel like plugged into, like, the YouTube crew. I feel like you are, though. I feel like you're the trendsetter, George. Wow. Go out there and fly. All right, you guys, make sure again, go subscribe, check out George Camel's new YouTube channel and fly and be free, George. I need this to fly, so here's how we do that.

You all need to go and subscribe to the channel right now so that this plane can get off the ground. Yes, seriously, go subscribe because what we mentioned earlier in this video about filling your brain with knowledge with money is really important. And George, you're going to do a great job with that. They call me the brain filler. Sure. Just the nickname that we all wanted.

That we all wanted. I've done worse. Well, hopefully you guys enjoyed that conversation. George Camel, he's just the best. So thank you, George, for being on. And thank you guys so much for listening to this episode. So make sure to share this episode with some of your friends and leave a review. It helps us out so much. And again, make sure to check out George Camel's YouTube channel that is launching. So make sure to see everything that he's doing. It's going to be some awesome, awesome stuff. So thanks you guys again. And remember to take control of your money and

create a life you love.