Money and Change

[00:00:36] Speaker A: Coconut man, moonhead and tea. You ready? Seems like everybody's got a pride I wonder how they sleep at night when the sale comes first and the truth comes second just stop for a minute and smile why is everybody so serious? Acting so damn mysterious got shades on your eyes and your heels so high that you can't even have a good time everybody looks to their left everybody looks to their right can you feel that yeah we're paying with love tonight it's not about the money money we don't need the money money we just want to make the world day forget about the bright day ain't about the change ain't about the, yeah. Bubbling, bubbling wanna make the world forget about the bright day okay, we need to take it back in time when music made us all unite and it wasn't no blows in video hose I'm not the only one getting tired why is everybody so upset? Money can't buy us happiness can we all slow down and enjoy right now? Guarantee we'll be feeling all right everybody. [00:02:02] Speaker B: Looks to that good evening, everybody. Happy St. Patrick's Day. Are you wearing green? Did you go out and party last night? Well, hopefully you're ready for some good information here. A lot of stuff that's going on and that was price tag by Jesse J. And it's covered under our BMI music license and it's posted on the screen so you can see it. And we're live every Sunday at 07:00 p.m. And welcome to Money and change. Financially prepped? Well, we've got a disclaimer we always have to do. Michael would normally do it, but since I can do my own show now, I do my own disclaimer. So the information contained in this presented material is from the posting of news agencies on the Internet and are not necessarily the views or opinions of the owners of this program. Nothing in this show should be considered legal, medical, financial or investment advice. And you should always do your own research and consult with professionals. We are not responsible for and expressly disclaim all liability for damages of any kind arising out of use, reference to or reliance on any information contained in this broadcast. Always do your own due diligence. Big shout out to the trim radio network for carrying the show. And we've been doing the show for about five years here and about eleven years on another network. So we have fun doing the show. But a big shout out to the Trim radio network. Hey, do me a favor. Go to trimradio.com, buy the merchandise. Or as like Michael Behas likes to say, buy the merch. It helps keep us on the air. What it does, it pays for our airtime. It helps pay for our BMI music license. And we're basically not getting paid for doing the show. I wouldn't want to do it any other way. All I want to do is try to help people, and that's the way it works. And I think Michael likes to do that, too, and so does mascala. Just buy the merchandise. That helps us out quite a bit. Also, check out the University of Finley at www.findley.edu. It's located in Finley, Ohio. It's an NCAA division two sports school, but primarily they're there for an education, and you can get a bachelor's, master's, or a doctoral degree from the University of Finley. They have three campuses. One is the hazardous materials campus, which is one of a few in the United States. And then they have the equestrian campus, and they do equestrian studies. And also they do something called pre veterinary studies there. And then also the main campus. And there they have things from pharmacy, or you can get a degree in business, or you can get a doctoral degree in physical therapy. They have a whole bunch of degrees that you can get at the University of Finley. Very good facilities, great faculty, staff there, a great president. I got to tip my hat to Dr. Kathy fell. She does an excellent job there. It's an excellent school located in Finley, Ohio. There are about 4300 to 4500 students there on campus. They do have online learning with different classes you can take, and it's a good school. There are only two I would recommend, and the other one would be Xavier University in Cincinnati. Because I know, I went to both of them and I know them quite well. Excellent schools. A big shout out to rusty ducks custom pens and blanks. If you need a pen for a presentation to maybe your church or maybe to a customer or to an employee that's done an excellent job and you want to reward them or you're a university or a small college. Hey, get a hold of Phil over at Rusty Ducks custom pens and blanks, and he can do a custom design just for your presentation. Both Michael Behas and I have those pens. And I'll tell you what does an excellent job. We paid for them. We didn't get them free. But Phil does such an excellent job on making those pens, I want to tell you. Check them out on Facebook. Rusty ducks custom pens and blanks. And if you need a custom pen, and he makes other things, too, but check it out because it's top notch, if you like the second amendment, he makes a great second Amendment pen. Actually, like two different styles of Second Amendment pens, and they are great, and they're very nice pens. Hey, even if you have a fraternity or sorority and you want to make custom pens for members of your fraternity or sorority, maybe the president of the fraternity or sorority, or maybe you just want to get in good with Dr. Kathy fell. Maybe you might be able to get a pen made for her. Anyhow, check them out. Rusty ducks, custom pens and blanks. Also a big shout out for money and change. We're here every Sunday night at 07:00 p.m. Eastern Standard Time. And I'll tell you what. We cover a lot of different information to try to help our listeners with some of their financial issues. And we try to keep everybody abreast of what's going on. Because right now, you know that the economy is not good. You know that we've got a lot of problems, and we want to try to help you to get through those problems as best as we can. Help. Okay, big shout out to my world, live, laugh and whatever. Every Wednesday at 08:00 p.m. You want to check us out there and we just have a fun time. We kick back and just tell jokes or we'll talk about anything under the sun there. Also check out the deep south homestead with Danny and Wanda King down in Wiggins, Mississippi. Great people. They talk about a lot of different topics. And some is growing crops, et cetera. Just a lot of different topics. Danny is great. He does more than just talk about farming, growing crops. He talks about life. And he also talks about things like the economy. He's really good at what he does, trust me. Big family homestead. Check out Brad and Krista. They're out in the middle of Wisconsin. And boy, I'll tell you what, in the middle of Wisconsin, it sure can get cold in the wintertime. But now it's kind of like the mud season getting into the planting season. So that's in the middle of Wisconsin. Also check out southern prepper one with Dave Kobler. He's doing boots on the ground again, and people are feeding him information. He puts up a video once or twice a week. So you want to check him out. That's southern prepper one, Dave Kobler. And he's down in South Carolina. He's actually almost a spit from a hooten holler over to North Carolina. That's how close he is. Also, you check out Ed Carswell at prepper nurse one on YouTube. These are all YouTube channels also. Boy, my mouth is not working today. I'll tell you what, it's Appalachia's homestead with Patara. And she talks a lot about prepping. She talks a lot about what's going on and how people feel about it. She's good. She really is. And I listen to all those people every week, every week, because they present a lot of good information. Goshen prepping with Eric and his family up in Michigan, that's another channel to listen to. They talk about a lot of different things. And people are saying, well, you spend a lot of time on the Internet. Well, no, not really. But I do a lot of research on the Internet and I also listen to these shows when I have the chance. And they are good, good factual information. And that's what you need in times like this, okay? So you have to really read up on stuff. And that's why I do the shout outs. I don't get paid for doing the shout outs. I want to help out people. And that's the key thing is actually helping out people. Now also, we have our own Facebook page, as you know. And it is either my world or you're going to see us on money and change on Facebook. And matter of fact, I post a lot of stuff there. And so for money and change, what I did today, I went ahead and posted up videos about tornadoes, videos about other areas that's going on in the world with finance, things you need to be abreast of. I forgot one person, Pepper princess. She was out in Arizona, then she moved back to California and she's basically a self made millionaires, or millionaire, I guess they can call them now. You want to check her out? Great videos. I posted those on our money and change financially prep page on Facebook. You really have to check them out because I put a lot of factual information up. Know, this week, things were crazy a few days ago. I don't know about you, but big strong storms that came in out of the west. And I know somebody was down in Arkansas and they had tornadoes that were approaching and luckily they didn't hit their farm. And around here in Ohio, where I'm at, we had tornadoes hit towards the center of the state. We had some hit up at a resort area, basically really wiped that place out. Place called Indian Lake and Russell's Point and places like that. It used to be a really nice, fun place to go. It was almost like Kings island, this big amusement park. Well, they had a tornado hit there and did a lot of damage. And it was a beautiful area now it's kind of like rubble. So if you get a chance, say a prayer for indian light because they need some help and they're getting some help. Everything was mobilized and everything, but being in a tornado, it gets kind of scary. We had a tornado that hit basically about six or 7 miles from where I live. We had one hit just outside of town, went to the south of town and then went on out Route 36 towards the east, and it was blowing down trees and things like that. And in some cases, it took down a whole row of houses. And that's devastating. You could have a house that's standing still on one road, and just down the road from it, five or six houses are totally blown down. And I think this was an ef two tornado. Now, having been through a tornado myself, I was close, as close as 300ft from a tornado. And I was teaching school at the time, and I looked out the door and we had a glass door. You could look outside. The rest of the building was basically walled in with no windows or very few windows. And I noticed a branch go flying by the door, and the door started fluttering, and I thought, it's time to get out of here. The kids were gone. The buses had already picked them up and had taken them out of the area, and they were on their way home. And as I noticed that this tornado was or this bad storm was hitting, I was running towards the front of the school to tell people, hey, duck and take cover. And somebody said, look, there goes a tornado up the railroad tracks, because the school was right next to a railroad track and the tornado didn't hit the school, but it hit the railroad track and followed the railroad track all the way up, probably about another 900ft, jumped the track and went over and hit a factory. And I was standing there with the others and we were watching, and all of a sudden the roof went up and just disappeared. It just shredded. The whole factory roof just went, and it was a decent sized factory. So are you prepared for tornadoes? Do you know what to do in case you have a tornado? I'm going to tell you right now, being 300ft from a tornado, because I knew the distance from the back of the building where I was at to the railroad tracks was about 300ft, give or take an inch. Well, let's put it this way. It makes you very humble. And when you see all the damage that's done by a tornado, you really have to take notice. There are a lot of things we're going to talk about at the beginning about tornadoes. And we're going to really get into what's been going on financially because this is important because we're in the tornado season right now, and we'll probably have it up through, I'm going to say, June or July, depends on how the weather is. And you know right now that the weather is very wacky out there. But there are five ways to stay safe during a tornado. And if possible, get something like a sturdy table and get under the table to protect yourself and cover your head, and you want to protect yourself from flying debris with pillows or heavy coats or blankets or quilts. If you got a bicycle helmet or a motorcycle helmet, put that on. Sometimes it's not even close, so you can't do that. And in mobile homes, leave well in advance of an approaching severe weather and go to a strong building. I've known people that have lived in mobile homes, and even though they're strapped down, they rock in the wind. I knew somebody in Cincinnati that lived in Harrison, Ohio, and they had a tornado go through that area, and it was within probably a half mile of where that person's mobile home was. And they said they thought they were going to die because that mobile home was shaking violently. Luckily, the tornado missed them. Do you have a brick house? Those can be sturdy, but they come apart, too, depending on the storm and how violent it is. One thing that we used to do, if we knew that there was going to be a violent storm coming, possibility of a tornado in the classroom, we would take the windows and we would crack the windows open, and then we would pull down the blinds so that the air differential, the air pressure would be stabilized. And if we had a chance to do that in advance, we would do that. And then everybody would retreat to the tornado area and hunker down for that. But at least the pressure would be equalized in that room if we had time to do it safely and get to cover. You can do that in your house when you always have storms, very bad storms, high winds, crack your windows in your house just a little bit. It helps equalize the pressure. It does, and it's worked. I do it here. Every time there's a tornado siren going off, the first thing I'm going to do is crack some windows, and they're going to be open to a point where the wind is coming out of the west. So I open the ones that are facing the east, and all I do is open them up an inch or two. And, yeah, it might cool the place down a little bit. But I'll tell you what, at least I'm not going to implode if a tornado gets really close. And I want to tell you something. We had heavy wind, and I was really worried about things, and I'm thinking, okay, is my cell phone charged? Do I have flashlights? Gee, what's going to happen if the power goes out? Do I have batteries? Do I have a generator? A lot of things to think about, and it goes through your head very quickly. And if you're not prepared, you're in trouble. Well, what should you do during a tornado? Stay away from the windows and out of auditoriums, gymnasiums or structures with large free span roofs. And don't drive when severe weather threatens. And if you're in a tornado, they're coming at you. Get into a ditch, get out of the car because you're going to be in trouble. What's a safety plan for a tornado? You go to the lowest area in your house. If you have a basement, get in the basement if you have only a one floor plan. I live in a ranch style house with only one floor and no basement. You go to the interior centermost point in the house, into a bathroom, get in the tub and cover yourself with maybe blankets or whatever, but stay away from the windows by equalizing the pressure in the house. It'll help a little bit. Of course, if you get a direct hit by a tornado, nothing's going to help. How do you survive a tornado? Seek shelter. The safest place in a tornado is in the interior of a basement if you have one. We talked about that. Wear a helmet if you have one, for extra protection, but get your family together and get them prepared. Now, closets can be safe during a tornado. A bathtub is safe during a tornado. And do you have weather radios? My weather radio was going off during that thing. We had the sirens going off about three blocks away, and we had that going on. We had the weather radio going on. I had the TV going on. Another thing that I always have, and I always tell people about it, you've heard me talk about GMRS radio, general mobile radio service, long phrase. Well, I have them. I have several. And this is an ocean radio, and it's a good handy talkie, walkie talkie, whatever you want to call it. It also has the radio function on it, so you can listen to radio stations, all kinds of things. With this antenna that I have on here, which is the Nagoya seven seven one G, I can talk 35 miles away to a repeater, and that repeater can get me out as far as Wilmington, Ohio, which is north of Cincinnati, about maybe 15, 20 miles. And maybe on a good day I could probably hit Cincinnati. GMRS radios. You have to have a license. You don't have to take a test. The license is $35 for ten years and anybody in the family can use it. Now if it was a ham radio, only the licensee, the ham licensee can use it. But this way your whole family could have those radios and you could be anywhere with them within the local locale and communicate. Providing you don't have a lot of tall buildings, they have a tendency to cause problems. Do you guys ever do a tornado drill? What do you do in an emergency? You need to do that. Tornado drills are great to have. Have a gathering point. Everybody knows what to do. Grab a jug of water, make sure you have a flashlight. Bring a radio, bring something to do. Bring a tablet or something. You could watch movies or whatever, even the news on a tablet if your wifi is still working. If you have wifi, but you have that to consider. Also, what do you have in the kit? What should you really put in a tornado preparation kit? Some people have to go bags like backpacks, and they put different things in them. Well, you get a backpack or storage tub, a plastic tub. You can get those at Wally world, you know, Walmart, and you put your supplies in there. You put in bottled water. You're going to have to get non perishable food in that container. And you can put canned food if you want to. You could put in energy bars. You name it, you can put it in there as long as it's non perishable. If it's going to spoil, you don't want to put it in there. You want to put a flashlight in there with extra batteries. Matter of fact, I have plenty of batteries and I have plenty of flashlights. Some are expensive and some aren't. They're very cheap to do. I have solar flashlights around the house and the sun charges those. Those are good to have. How about a first aid kit? Not the cheapy that you get at Wally World. Get yourself a good first aid kit, good emergency kit, and you can get those at Gauls gallf.com. You can get them at Costco. You can probably get them at Sam's club or other stores. But get the good first aid kit with good supplies. Make sure you have plenty of tissues. Make sure you have paper towels handy, toilet paper, you got to remember toilet paper, you got to remember bags with ties. Because once you have to do your business, you want to make sure it's tied shut so the odor doesn't get out. Make sure you have a paper and pen or pencil to take notes, and you can also play games with that. Now, how do you prepare your house in a tornado? Well, trim your trees. Don't let them overgrow. And if it's an old, rotten tree, hey, make sure it's taken out. You can always plant a new tree. Know how to turn off utilities. Do you have one of those utility wrenches that you can use to turn off utilities? It's good to have avoid creating more flying objects. Don't leave a lot of stuff outside to fly around. Strengthen your weak spots. If you go up in the ceiling or up in your rafters, up in the attic, you can get special type of ties, and you can actually fortify your ceiling and your roof. You can do things like that. Check your gutters and downspouts. Make sure that they're cleaned out so the water can get off your roof and out into the yard or in special drains. Make sure your roof is in good shape. The first thing that I did after the wind hit, I went outside and took my flashlight, and it was raining just a tiny bit. But I used a flashlight that was pretty powerful, and I shined it up on the roof to see if there was anything missing, any tiles, anything, and I went around and checked for damage. I didn't get very wet at all. It was no big deal. But I always checked to make sure that the roof was in good shape. But I had that kit. I had it available, and I had plenty of long term food. I had, of course, a propane grill that I could cook on if I had to. Plenty of batteries. Do you have solar panels for solar generator? Yeah. I even have that. People say, well, I think he's a prepper. No, I'm not far from it. But I want to make sure that I don't have any bad problems after a storm. That way I can also help out my neighbors. That's what it's about. So, so much on tornadoes. Just remember that. Oh, one big thing I forgot. Make sure you have a notebook. And in that notebook, you have everything about your bank accounts. Make sure you have things about your house, your insurance, everything in one complete three ring binder. It comes in handy. And I have one of those. I can pull it out. I know what my taxes are. Everything. It's right there. So you want to make sure you have that. Wow. We've had some crazy stuff going on for St. Patty's Day. And you take a look at the spending how much did you spend yesterday during St. Patty's Day? According to a report that was in zero hedge, St. Patrick's Day spending to cross 7 billion mark $7 billion. And the report said St. Patrick was not only a fifth century bishop and missionary instrumental in converting the Irish to Christianity, but he's also the namesake of one of the most important culture celebrations around. It's called St. Patrick's Day, and originally it was a religious holiday. And the irish people in the United States turned the occasion into a celebration, largely divested from the religious end of it more to the party aspect of it. And up in Chicago, they have big St. Patrick's Day festivals. They have them in big parades in New York City. I mean, the Irish get out and they have a wild time, and that's great. They celebrate their heritage. And statista, it was florian Zant from Statista. And we've talked about statistics before. They do a lot of charting, and they charted the commercialization of the holiday. And it's kind of interesting. In 2015, on St. Patrick's Day, everybody spent about $4.6 billion. And then in 16, it went down to 4.4 billion. We get up to 2019 was 5.6 billion. 2020, it was $6.2 billion. That's with a B. 21 was 5.1 billion. 22 was 5.9 billion. Last year it was 6.9 billion. And this year it's going to be $7.2 billion. So what do they spend their money on? Green T shirts, necklaces, hats, funny looking glasses, maybe food, but I think the biggest thing is green beer. A lot of people at that time, they just like that party and they get it out of their system, and hopefully they don't have a hangover the next day. Can you imagine $7.2 billion on St. Patrick's Day? I don't know about you, but yesterday the restaurants were packed and everybody was wearing green. And I said, it's not even St. Patrick's Day. St. Patrick's Day is Sunday. So when I went to eat today, a place called the lighthouse, which has really good food, it was packed. But I think something must have happened. Maybe the old Blarney stone rubbed off on me because I was wearing green, because the waitress said, we've got a table for you for two back here in the next room. And it was packed. Suddenly that room opened up. It was amazing, excellent food, and people were all wearing their irish garb and having fun. And that's the good thing. There's a lot of stuff going on. I was at a restaurant in a place called Castown, and people were talking about finances there. And Castown's not a very big place. A lot of farm people like to go and eat there and great food. If you're ever in Castown, Ohio, you have to go to Holly's, and it's the only place to eat in that little town. I mean, it's a little town, but they were talking about everything that's going on in the markets, and a lot of them are farm people, and they're saying, oh, the markets are down, this, that, and the other. And some of them were talking foreign currency and saying, well, something's going to change here. A lot of different talk going on. Now, nobody mentioned a thing called bitcoin. Have you ever heard of bitcoin? Well, bitcoin isn't a coin. It's really based on ones and zeros. And somehow this week, bitcoin got to be, I think, $69,000 for one bitcoin. You have to mine them electronically, and you get a computer going, and it does its mumbo jumbo, and next thing you know, you might get lucky and get a 10th of a bitcoin. And you put them in an electronic wallet. And then some hacker comes along and gets into your wallet because they figure out your passcode, and they steal your bitcoin, which was ones and zeros. You can't hold it in your hand. You can kind of spend it. You can go to Starbucks and pay with bitcoin, but I don't know too many other places that do that. And some things are on the blockchain, and that is a way of transferring money around, or credits, if you want to call it that, the ones and the zeros. And if you know anything about computers, ones and zeros is off and on, and so many offs and ons equals one and so forth. It's an interesting thing. I had to take a class like that in college one time, and we had to convert from base ten to base eight to base six. It drove me crazy. I mean, I like just working in base ten, which is what we do with our monetary system. Well, in some cases, that's debasing the currency, because the money is not in dollars, it's not based on fiat or paper currency. This is based on ones and zeros. And bitcoin can debase a currency because it's an alternative form of currency. Now, currency debasement can have several effects on the economy and varying in magnitude depending on the extent or debasement of the underlying economic conditions. You can have higher inflation rates, you can increase interest rates. [00:37:59] Speaker C: You could deteriorate your savings, the value of your savings, more expensive imports that would come in, you want to get that fancy imported car, price goes up. You want to get TMRS radio, it's made overseas in China. The price goes up in a more expensive radio, the price is going to even go even higher because the value of the dollar is going to be less. And what happens when the dollar isn't worth anything? It undermines everybody's confidence in the economy, and that's what we're into now. You go out and you go shopping. I don't care if you go to Kroger's or public markets down in Florida or wind Dixie or teeter Harris or Walmart even, all these prices are going up. They're not going down. They'll probably never go down. Why? Because the value of the currency is low. Somebody said, oh, a dollar is worth a dollar. No, it isn't. I'd have to really do some working to find out what the real value of the dollar is because I'm almost thinking. We're talking now, yeah, we can trade dollars here, but when it goes overseas, they want gold. Remember I talked about the BRics countries? Brazil, Russia, India, South Africa and China. There's something like 24 other countries that are going to join the bricks and they are going to do something different than the swift system that we currently transfer funds with because it uses dollars. They're going to get away from dollars. Why? Dollars aren't worth anything overseas, so they want to get away from it. Bitcoin might work out as a way to do that. What about gold and silver? Well, gold was over $2,000 an ounce. If you can afford it, fine. An ounce of gold, that's fine. [00:40:37] Speaker B: Silver. [00:40:38] Speaker C: Poor man's gold is what they call it. That was about $26 an ounce. But it's scarce silver right now, and you have to pay up to $35 a coin because of its rarity. When something is rare, it's not readily available. The price goes up and up and up. Now, if you find more silver and you suddenly bring things along so you have more silver, the price will come back down. Economics, basic economics. And bitcoin is speculation. Gold and silver, the reason why their values are up is because the value of the dollar, the fiat money, the paper money is down. It's low. So you're going to hedge your calamity by buying bitcoin or getting bitcoin or Ethereum is another one. There are other kinds of cryptocurrency, as they like to call it. But you take a look at that and that hedges off inflation. Silver, you can always get something, purchase things with silver, you can always do it with gold. You can do it with platinum, probably even copper. I'll tell you what, it's getting expensive out there. You know, there was an article in Yahoo Finance and it said with food inflation still hot, consumers turn to buy now, pay later to buy groceries and take out. And it says, last year, some 15 million consumers, or about 6.5% of the population, reported using BNPL installment loans to pay for groceries or manage their weekly food expenses, according to research from PymNTs. And out of that share, about 5.4% of the household using BNPL to afford groceries were low income. When the economy gets bad, what you need to do is listen to prepper princess. I've got her posted on our Facebook page. Listen to the way she does things. She lives beneath her means. She doesn't get Netflix all the time. She doesn't have high price videos and TV and so forth. She lives beneath her means, and she doesn't eat a lot of fancy food. And she said this last week, she lives on about $1,500 a month, single person with two pets, $1,500 a month. And she does it brutally. And she may make some meals and freeze them in advance. If she buys steak, and we know steak is expensive, she cuts it into three pieces and makes three meals out of that steak. She uses a lot more noodles and rice and things like that. By the way, if you want good. [00:44:22] Speaker B: Water. [00:44:25] Speaker C: I use a Berkeley water system. It has filtration and it takes off the chloride in the water. Some people say, well, it's expensive. I've had mine for years. And I'll tell you what, it shoulders about 4000 gallons. I don't drink that much water in a year. So, I mean, I'm still on my second set of shoulders. And I'll tell you what, it takes all the bad taste out of the water. It's fantastic. But you'll see me drink it from time to time. I don't make any money for telling you about it. It really is. But people are actually using credit cards and buying their stuff because remember during the problem that we had with the take the jab, remember the COVID thing? And they said, oh, use your credit card. That was a psychological thing to get us to use credit cards more to pay bills. It wasn't because there was germs between the bills or anything. They wanted to move us to using plastic to pay for everything. Why? Because then we don't have bills that we have to mess with plastic. And then people forget and they run up big bills and now they have to pay on the interest on those bills. And you had 6.5% of the US population doing that. We'll pay it off in three or four payments. [00:45:59] Speaker B: Yeah, well, you're using it every week. [00:46:03] Speaker C: It's compounding itself. [00:46:05] Speaker B: Don't do that. [00:46:08] Speaker C: When I go to the grocery, I take a certain set of the cash with me and I buy the food. [00:46:15] Speaker B: That I need with that cash. [00:46:17] Speaker C: I don't want to put it on a credit card if it's a big purchase. Okay, put on a credit card. When I get the bill, pay it off. You have to do know. When I was first starting out, marathon oil gave everybody at the University of Finley a credit card their senior year. Get us hooked on using credit. Then when you got the bill and you had to pay it all because they didn't allow you to carry things over month to month. [00:46:52] Speaker B: It made things. [00:46:53] Speaker C: A little tight, I'll tell you that right now. And people are going out and they're using that credit and they say, well, we have to eat. Yeah, but you don't have to have steak, hamburger, or you could have hot dogs or you could do a meatless Monday or a meatless Friday or don't go out to eat every night. I've got a friend and she says, are we going to go out and eat tonight? And I'll say, no, I'm staying in. I've got the radio show to do. I've got money and change, or I've got my world to do. So I'm not going to go out. I have lodge. Oh, gee. I have to stay home and fix something very quick so I can get to lodge on time. Oh, gee. Mondays I have band practice because I belong to a good sized concert band. We do concerts during the year. Oh, by the way, on that there will be some Sundays that we will have on tour edition, replay other shows only because I have a concert scheduled and it's big conflict and that's only going to be, I think, four or five times so far coming up. But I'll let everybody know when we'll have an encore edition on my world on Wednesdays. No, I won't have anything like that. I don't have any meetings scheduled that night or anything. We never have concerts on Wednesdays, so relax. Oh, yeah. Bring some popcorn and something to drink from my world because we sit back and have a little bit of fun. [00:49:01] Speaker B: You can do it on this show. [00:49:02] Speaker C: Too, if you want, because I can't see what you're eating. Maybe I don't want to see what you're eating. You never know. Have you ever heard of a $22 burrito? You like mexican food. [00:49:26] Speaker B: Here in town? [00:49:27] Speaker C: We've got a couple of different mexican restaurants, and some of them are pretty good. We have taco hell. Everybody got a taco hell someplace. And it can be expensive eating out. I mean, be prepared to spend probably $20 per person to eat in some of the restaurants and higher. But there was a report that came out on NBC News about a $22 burrito, a single burrito, $22. It's not a big burrito, it's just a burrito. San Francisco restaurant owners that he's keeping up with inflation. This came from Sergio Quintana at Yahoo. And he wrote the report. He says the restaurant in San Francisco's Mission district is catching attention online after recently bumping the price of its signature burrito from $11 to 22. And the owner of Lavaca area says it's not an attempt to make more money, but an attempt to continue to break even as prices continue to rise. And when you walk into a restaurant, it smells either like Maria or charcoal, said the owner. [00:51:00] Speaker B: And he was talking to NBC Bay Area, and for the last two years. [00:51:05] Speaker C: He has operated the spot built out of a former record store in the mission area. And his vision has been to make the kind of food his aunts and uncles and mother used to make, but kicked up a notch, well, about $11 more. And the only problem is price of nearly everything he uses to make his food has gone up like onions. And he said before COVID they were like a $9 stack at restaurant Depot. And I used to pick them up all the time during COVID and after. [00:51:50] Speaker B: It, it was $40 and right now it's $80, he said. [00:51:56] Speaker C: And their signature burrito is the most popular, and nearly every ingredient that goes into it has doubled in cost. So food cost is going up in restaurants. Well, it's going up in the grocery stores, too. It isn't cheap. I had two bags of groceries today at Aldi's, and there wasn't much in the two bags. I had to separate them out for reasons, and my total expense was $43. I got some canned goods, I got some crackers. They have some great crackers there. And I picked up some fruit and some vegetables and some pimento cheese. I love pimento cheese. It's great to put on a cracker snack on that. But the prices have gone up all of a sudden. I'm looking down, I'm thinking, oh, you mean a gallon of bleach included was $43. I paid cash. I did not put it on a credit card. I will not put it on a credit card. The prices are going up when you go out shopping. If you don't go to, let's say, you know, Walmart or you go to Kroger's, do you go to Sam's club, or do you go to Costco and you buy in volume and supposedly get it cheaper? Or do you go to Aldi's, which things are a little bit cheaper than Walmart and some igas? Or do you go to the dollar store? If you go to the dollar store, you can get canned goods and they're fairly decent price sometimes dollar tree or the dollar store. You can get cans of items for a dollar. Or now it's a dollar, $25 and a quarter. [00:54:31] Speaker B: Remember this, pay down your debt, put some money aside, buy some long term. [00:54:40] Speaker C: Food, canned food, freeze dried food, mRes, whatever, but start building it up. All you have to do is buy five cans a week and over a month, what do you have? 20 cans of food. Then go to 40 cans of food. By the next month, you start building up your supplies because when times get tough, you might lose your job. You have to feed your family. The government's not going to feed them. Social agencies are not going to feed them. The churches can't afford to feed everybody. So you have to live beneath your means. So here we're putting some money side buying long term food. Make sure you stock up on the medications you need. Be able to purify and store water. A minimum of one gallon per person per day. That's basics. It's more like two gallons per day because you're going to have to wash clothes, hands, brush your teeth. You can grow a beard for a while. Then you could always end up going to Chris's barber shopping. Have Erin take care of the beard for you, give you a haircut. It's a good place to go, but you have to pay down your debt. Put money aside, buy long term food, purify water, make sure you have a good first aid kit. Make sure you have your medications. Make sure you can have a way of doing an emergency shelter. Do you have to go bags. Remember I talked about that to check out our money and change Facebook site. I've got all that stuff. You have to go back in the months prior. But I have a lot of videos on that. You need to do that. You don't need a $22 burrito. But it is getting more and more expensive. People are going to start eating out less and staying at home. [00:56:57] Speaker B: I went out today for lunch. [00:56:58] Speaker C: Hey, my total bill was $18 because what did we have? We had soup and a simple sandwich and a drink. And my friend, she did the same thing. It was 18.7. The prices at the lighthouse are pretty good, so. But the US debt is getting worse. We're up to $34,519,164,000,000 and it's flying. It's going to be 165,000,000 pretty soon. Those are actual numbers, by the way. The debt for citizens, $102,627 and the debt per taxpayer is $266,500 even. Oh, yeah, we still got taxes to pay, too, don't we? [00:58:00] Speaker B: Oh, yeah. [00:58:01] Speaker C: Mine are already done. I didn't get a refund. I didn't have to pay more. That's the good part. That is the good part. But we've had crazy times and this economy is not getting better. It will not get better. It's probably going to get worse this summer. You better put out a garden. Seriously, make sure you have a garden and grow your own food. Okay? Wow, guys, we've covered a lot today and I've got more to do later on. Oh, man. We've just got so much stuff to cover and we'll have to do it next Sunday right here on money and change. Financially prep right here on Trim radio network. Buy the merch, buy the merchandise. It helps keep us on the air. It really does. But guys, that's all I have for right now. We'll be talking about some more ways to save money. We'll be talking about things on the financial realm that's going on. The inflation ways to save money. Check out our videos on the money and change website on Facebook. There are a lot of good videos there that you can check out, a lot of ideas. Set yourself up a budget and follow that budget. Follow your budget and wisely spend your money. And I'll talk to you next week right here on money and change on the trim radio network. Guess what, guys, it's time to get out of here. So you have a great week and we'll see. [00:59:48] Speaker A: It's like this, man. You can't put a price on the light. Now we do this for the love. So we fight and sacrifice every night so we ain't going to stumble and foul. Never wait in the seat send the sign of defeat. So we going to keep everyone moving, ape. So bring back the beat and then everyone sing not about the money we don't need the money money we just want to make the world forget about the price ain't about the. Yeah. Bubbling, bubbling. Wanna make the world.