<v Speaker 1>Jerry, Katie, and Josh one hundred.

<v Speaker 2>Right, Katie wants to dive in and talk about her daughter,

<v Speaker 2>baby Nana, who has been brought up multiple times on

<v Speaker 2>this show. Yeah, and now a story that I was

<v Speaker 2>just shaking my head out this morning.

<v Speaker 3>Yeah, girl be spending money.

<v Speaker 1>She is, and I mean she's kind of in this

<v Speaker 1>stage of her life where she is jet setting, right,

<v Speaker 1>She's going all the places. I mean even this weekend,

<v Speaker 1>she's going somewhere, and Uh, it's funny just thinking about

<v Speaker 1>all the money she spends versus the money I spend.

<v Speaker 1>I'm going on a little mini vacation as well, and

<v Speaker 1>my you know, getting ready for that vacation is things

<v Speaker 1>like go to Walmart and buy all the travel size

<v Speaker 1>the odorant and toothpaste, you know, like that's on my list.

<v Speaker 1>Her list of things to do is getting like expensive waxes,

<v Speaker 1>and her nail's done and all this stuff. And I'm

<v Speaker 1>just like, we are living in two completely different worlds.

<v Speaker 3>Right.

<v Speaker 1>But in this conversation, we start talking about her plans

<v Speaker 1>for next year's Coachella, right, because she went to Hochella

<v Speaker 1>this year and she absolutely loved it, and she and

<v Speaker 1>her friends are now making a plan to attend again

<v Speaker 1>next year. I didn't realize this, But the people who

<v Speaker 1>have went to Coachella already, they're given first right to

<v Speaker 1>buy tickets for next year. Oh yeah, tickets go on

<v Speaker 1>sale May first, and now baby Nana gets to buy

<v Speaker 1>those tickets before anybody else because she's already went to

<v Speaker 1>the festivities. I didn't realize there was different levels of

<v Speaker 1>things that you could do, right, Like you can go camping.

<v Speaker 1>There's like Airbnb packages, hotel packages and all that stuff.

<v Speaker 1>But there's also the upgraded almost like influencer package, right,

<v Speaker 1>and so this gets you into all the behind the scenes,

<v Speaker 1>like you get free food, you get to go to

<v Speaker 1>the parties where all the other famous people are at,

<v Speaker 1>just like they are. And that's the thing. So now

<v Speaker 1>Zoe and her little friend group, they're all talking about

<v Speaker 1>getting these big, ridiculous tickets at an outstanding price fifteen

<v Speaker 1>thousand dollars per ticket for them to get this experience

<v Speaker 1>of Coachella. Not bad? Is this for one for one weekend?

<v Speaker 1>I think she should do it one thousand and two.

<v Speaker 3>So you should get two tickets too.

<v Speaker 1>She thinks she should too.

<v Speaker 3>I think this is a smart investment. But that's the thing.

<v Speaker 1>Each one of them have to get this ticket, and

<v Speaker 1>they are all about it. They're going to save their money.

<v Speaker 1>They're going to go and get these tickets to be

<v Speaker 1>at that level. But it's the thing, so it's not

<v Speaker 1>like we I know you're you're actually like making fun

<v Speaker 1>of it.

<v Speaker 3>No, I guess you are.

<v Speaker 1>I know you are. But that's like we would do

<v Speaker 1>that because we were taught that you need to save

<v Speaker 1>your money. That the big life purchases. That's what you

<v Speaker 1>spend fifteen thousand dollars for, not a ticket to a festival.

<v Speaker 4>The thing about those tickets, if you're buying that for

<v Speaker 4>fifteen grand, usually those are smaller influencers that make that

<v Speaker 4>money back.

<v Speaker 3>Yeah you know, yeah exactly. That's the thing is they

<v Speaker 3>spend it to make it, to make it. They just

<v Speaker 3>want to have a podcast.

<v Speaker 1>But here's the thing is they that generation Z they're

<v Speaker 1>all about experiences versus material things, tangible things, like they

<v Speaker 1>want to experience life. They're like, yolo, so let's do

<v Speaker 1>it right and so like as much as I want

<v Speaker 1>to tell her you should save five hundred, I'm sorry,

<v Speaker 1>fifteen thousand dollars for a down payment on a house,

<v Speaker 1>like that's what you should be saving it for. I

<v Speaker 1>don't even do that, Like I'm not digging my own

<v Speaker 1>advice in that regard. So if she's gonna have the

<v Speaker 1>discipline to say fifteen thousand dollars, I'm not in any

<v Speaker 1>place to tell her how to spend it. It's no,

<v Speaker 1>that's not it though.

<v Speaker 2>Like that can still be a parent, you can be like, hey,

<v Speaker 2>you need to really think about this.

<v Speaker 3>This is not a good choice. If she can say

<v Speaker 3>a good choice, but.

<v Speaker 1>Is it not?

<v Speaker 3>It's not.

<v Speaker 2>It's not like on one weekend just because you get

<v Speaker 2>on all you can eat the fee.

<v Speaker 3>But it isn't you want there.

<v Speaker 1>She does it with her and one friend, but now

<v Speaker 1>they want to go out and do it as a group.

<v Speaker 3>Of friends like they been. They're done that.

<v Speaker 1>And if she can do it, if she can save

<v Speaker 1>the money in a year, and it's going.

<v Speaker 2>To create that into I need to send her a

<v Speaker 2>compound interest calculator.

<v Speaker 1>I know. And that's the thing.

<v Speaker 2>She works at a bank is the funniest thing ever.

<v Speaker 2>She's surrounded by people in wealth management. Yeah, she needs

<v Speaker 2>to sit down with a couple of.

<v Speaker 1>Them, like that is you just.

<v Speaker 3>Like being logical, level head, be.

<v Speaker 1>The logical, level headed, but you're just assuming that she's

<v Speaker 1>going to spend that money and never be able to

<v Speaker 1>make any money again. Like that's and I think that's

<v Speaker 1>what's a big chunk.

<v Speaker 2>While you're young, and is the key is to have

<v Speaker 2>those big chunks while you're young, because then they grow

<v Speaker 2>really big by the time you're.

<v Speaker 1>Do what, sit on your old button, do nothing.

<v Speaker 3>Because then you can retire early and travel and go

<v Speaker 3>do things.

<v Speaker 1>And when you're no But that's the thing. Is this

<v Speaker 1>when you're young and you have the body to be

<v Speaker 1>able to go do those things. I don't want to

<v Speaker 1>be seventy making my way across but you can five.

<v Speaker 1>But still still, like there's so much to be said

<v Speaker 1>for enjoy it when you're younger and you can experience it.

<v Speaker 1>Maybe it's just because when I was let me.

<v Speaker 3>Talk to this wall over here, maybe it's wall.

<v Speaker 2>Listen, you should save the fifteen thousand dollars the thing

<v Speaker 2>you imagine what that's going to be like a thirty

<v Speaker 2>years wall.

<v Speaker 1>When I was her age, I was not able to

<v Speaker 1>do this because I had a small child and my

<v Speaker 1>vacations were too North Dakota to see my family.

<v Speaker 2>But she can still have experiences for one thousand dollars,

<v Speaker 2>for two thousand dollars, fifteen thousand dollars to go to

<v Speaker 2>an event that she's already been to is a horrible idea.

<v Speaker 3>Thank you.

<v Speaker 4>There's levels to this, No, but there's levels, like she's

<v Speaker 4>it's not going to change the concert.

<v Speaker 3>It's not going to change who performs.

<v Speaker 4>The person who performs isn't going to go shout out

<v Speaker 4>baby Nana like she's just doing.

<v Speaker 3>How some people like look at her. That's the situation

<v Speaker 3>she's doing.

<v Speaker 1>That's it. Experience it because this time when she experienced it,

<v Speaker 1>she experienced the lines, the dust, the buy your own

<v Speaker 1>food at fifty dollars a plate for a corn dog.

<v Speaker 3>That's an experience right there.

<v Speaker 1>Well, but now she can go in a little bit

<v Speaker 1>more bougie, and this generation is all about bougie. It's like,

<v Speaker 1>I don't want to completely crap on it for her.

<v Speaker 3>Don't need to impress people, you don't even like.

<v Speaker 1>No, but that's she's I don't think it's an impressed thing.

<v Speaker 1>I think it's so that she can have that experience

<v Speaker 1>and know.

<v Speaker 2>This this means nothing to me, but I'm getting so.

<v Speaker 1>Well, I know you really are you are just.

<v Speaker 2>Because I preach financial literacy to my children and I

<v Speaker 2>practice it. You wow, And to see somebody do this

<v Speaker 2>with a massive chunk.

<v Speaker 3>How old is she.

<v Speaker 5>A year?

<v Speaker 3>Hold on to that nest egg and invest.

<v Speaker 1>It and let it grow, I know. But then you're

<v Speaker 1>just like money, money, money, money, money.

<v Speaker 3>Know your security, security, security, you know the people who

<v Speaker 3>baby nah?

<v Speaker 1>What is it that Bob Marley said, those people who

<v Speaker 1>always chase money will never be happy, Like you'll always

<v Speaker 1>be just chasing money because that's the only chasing money. Money.

<v Speaker 2>She's saving her money. There's a differing response, and again just.

<v Speaker 1>Saving the money and saving it and putting away Like

<v Speaker 1>I don't know, like I want to find exact.

<v Speaker 3>Because I don't care about Bob bar I really.

<v Speaker 1>Don't so telling though, but it just.

<v Speaker 3>I won't to open up the phone lines.

<v Speaker 2>If anybody thinks Katie's daughter should spend this money, call

<v Speaker 2>us now.

<v Speaker 1>This is what it is. Money is numbers and numbers

<v Speaker 1>never end. If it takes money to be happy, your

<v Speaker 1>search for happiness will never end.

<v Speaker 2>He was probably high when he said that, and he's

<v Speaker 2>a multi millionaire too. Was three three six one mix

<v Speaker 2>three oh three six nine one sixteen forty nine. Uh,

<v Speaker 2>you can sound off about this if you want, or

<v Speaker 2>we can move on.

<v Speaker 3>I'm thinking I'm going to move on because I'm so

<v Speaker 3>pissed off.

<v Speaker 1>Oh are you mad? Are you big? Mad?

<v Speaker 5>Bro?

<v Speaker 1>Oh?

<v Speaker 3>People are calling all right.

<v Speaker 1>People are interested in this because again, she is an adult.

<v Speaker 1>I can't tell her what to do with her money.

<v Speaker 2>You can give her advice though, as the elder. I

<v Speaker 2>know you're the elder. You should be giving her good advice.

<v Speaker 2>Fifteen thousand dollars is like a family afforda Hawaii. That's

<v Speaker 2>like an epic vacation, not one ticket to a stupid

<v Speaker 2>music festival.

<v Speaker 1>Does She would have plenty years to make it.

<v Speaker 2>Ye, you do it when you're young, because it's the

<v Speaker 2>snowball effect.

<v Speaker 1>Joy, Why are you young? I'm talking to the.

<v Speaker 3>We got to get to these calls. People are hi, Rebecca.

<v Speaker 6>I can't even hi, Jeremy. I think you just made

<v Speaker 6>your point and I'm so sorry for that. You just

<v Speaker 6>the issue is she's got a life now, and these

<v Speaker 6>kids now are looking at it and saying, oh, my

<v Speaker 6>parents used to save and then they'd have a down

<v Speaker 6>payment for a house, and then they bought the house.

<v Speaker 6>You just told her that if she saved for ten

<v Speaker 6>twenty more years, she'd have one hundred thousand. That's not

<v Speaker 6>a flipping down payment on a house anymore. She needs

<v Speaker 6>it doesn't matter.

<v Speaker 3>She'd have a massive nest. Now, she'd have a massive mester.

<v Speaker 2>And that's just putting the fifteen grand in that and

<v Speaker 2>letting it it.

<v Speaker 6>So when I was forty, I had cancer. I lived

<v Speaker 6>through it, and so my mother sent us on a

<v Speaker 6>great cruise, amazing cruise, three week crews. We were on

<v Speaker 6>there with people who were seventy, who had saved all

<v Speaker 6>their life for this cruise. They could not walk up

<v Speaker 6>the hill to see the chapel. Yeah, they didn't get

<v Speaker 6>to see it because they couldn't make it.

<v Speaker 2>Because they didn't save early enough the life they should

<v Speaker 2>have started saving.

<v Speaker 6>They saved all their life, they worked in their life.

<v Speaker 6>They had also done the things they were supposed to do.

<v Speaker 6>They had kids, they bought homes. Our kids aren't doing

<v Speaker 6>that anymore.

<v Speaker 2>And then they sit around and complain that they can't

<v Speaker 2>buy a house and they can't afford anything.

<v Speaker 6>Because they can't buy a house because we screwed up

<v Speaker 6>the economy.

<v Speaker 3>But she's got fifteen in her lying.

<v Speaker 6>They're not lying. Take your financial wherewithal and go back

<v Speaker 6>and calculate what you earned at minimum wage and what

<v Speaker 6>you could buy a house for, and now calculate what

<v Speaker 6>they're earning at minimum necessarily can calculated.

<v Speaker 2>Throwing this house into the equation, you really don't have

<v Speaker 2>to worry about that. Say you rent the rest of

<v Speaker 2>your life, you're still going to have a massive amount

<v Speaker 2>of money in the bank. If you've got car issues,

<v Speaker 2>if you've got cancer issues, and you need to help

<v Speaker 2>pay for your medical.

<v Speaker 6>Bills, and take what you pay for rent. Now you're

<v Speaker 6>not going to be able to make it. It is

<v Speaker 6>not the same. They need to live their lives now.

<v Speaker 6>I'm going to hate that. In fifteen thousand as a parent,

<v Speaker 6>would make me cringe, and I would beg them not

<v Speaker 6>to do it, because because I still have that value

<v Speaker 6>that fifteen thousand is so much money, and I'm still

<v Speaker 6>in that old belief.

<v Speaker 3>That you just said that she should go out and

<v Speaker 3>spend it and have fun.

<v Speaker 6>But the truth is she should go out and spend

<v Speaker 6>it and have fun. But you're right, I don't know

<v Speaker 6>that this world is going to be here in ten years.

<v Speaker 3>We're back at you are You're a lovely lady. Thank

<v Speaker 3>you for calling very Debbie down.

<v Speaker 1>She's not and she's very right.

<v Speaker 3>One vote for Baby nan Thank you, Thank you, Rebec.

<v Speaker 3>We appreciate you, Thanks so much.

<v Speaker 2>Hi Ronda, Hey, hid.

<v Speaker 3>Well, it's hard to hear you. Are you on a

<v Speaker 3>speakerphone and bluetooth?

<v Speaker 5>Actually I was a.

<v Speaker 3>Yeah, Josh, can you do with her? It's really hard

<v Speaker 3>to hear her. Hi Laura, Hi Laura.

<v Speaker 7>Oh hey, hey girl.

<v Speaker 2>All right, so what do you think about Baby Nana

<v Speaker 2>spending fifteen thousand dollars on one concert ticket?

<v Speaker 7>Fifteen thousand dollars is crazy? Oh my gosh. So, first

<v Speaker 7>of all, I have to say that I love concerts.

<v Speaker 7>Live music fills my cup. I have two adult children.

<v Speaker 7>I support going to live concerts one hundred percent and

<v Speaker 7>doing all the experiences we can while we're able to. Absolutely,

<v Speaker 7>But fifteen thousand dollars, that's insane.

<v Speaker 3>It's natty. You can go to Red Rocks for like

<v Speaker 3>fifty sixty bucks, you know, go have fun.

<v Speaker 7>Sure And I went the whole weekend with Sublime and

<v Speaker 7>it was amazing. Yeah yeah, I heard yeah, I just

<v Speaker 7>heard a podcast and the artist said that you kind

<v Speaker 7>of waste her money. On those extra tickets because the

<v Speaker 7>bathrooms are still gross. There's still so many people everywhere.

<v Speaker 7>You can might as well just do general admission and

<v Speaker 7>have fun with and use your money some other ways.

<v Speaker 2>That's they always preach to have that emergency fund, right,

<v Speaker 2>Like what if she loses a job and she's unemployed

<v Speaker 2>for six months or a year, that fifteen grand would

<v Speaker 2>come in.

<v Speaker 7>Handy, fifteen thousand dollars.

<v Speaker 3>Yeah, otherwise she's moving back in with a lot of money.

<v Speaker 1>Well, but that's the thing is, it's like a lot

<v Speaker 1>of things can happen in life. You don't know what's

<v Speaker 1>going to come at Nice to be.

<v Speaker 2>Prepared, you do that stack of cash. Laura, thank you

<v Speaker 2>so much for calling. We'll go back to Ronda.

<v Speaker 8>Hi.

<v Speaker 2>Ronda, Hey, hey son, should you be blownless fifteen grand

<v Speaker 2>on a ticket?

<v Speaker 5>I say no. I say for her to save it

<v Speaker 5>because you always have an opportunity to go and do

<v Speaker 5>that when you get a little older. You don't have

<v Speaker 5>to be seventy to go to a concert. But about

<v Speaker 5>fifteen thousand dollars that she wants to spend on that comfert,

<v Speaker 5>I would say save it because she could get that

<v Speaker 5>on her down payment plus she could get first time

<v Speaker 5>buyers and get all the help to buy her house.

<v Speaker 5>So I would say no. And if you're want to

<v Speaker 5>help your daughter, I would say, how child herd to

<v Speaker 5>save that many?

<v Speaker 3>All right, Randa, we thank you very much. We again

<v Speaker 3>pushed the house to the side. Say that her car

<v Speaker 3>breaks down.

<v Speaker 2>He Goody's got some cash to get your car.

<v Speaker 1>You just talked about how like you can do it

<v Speaker 1>a little bit later. But what if kids come into

<v Speaker 1>the equation I.

<v Speaker 3>Can speak, came into my equation.

<v Speaker 1>Kids came into my equation early or a kid, and

<v Speaker 1>it changed everything. I was not able to go to

<v Speaker 1>near the places I wanted to. I mean, I'm gonna explore,

<v Speaker 1>and I didn't get to explore months much. So that's

<v Speaker 1>maybe why I'm encouraging her so much.

<v Speaker 3>Adam Urra Okay, Adam.

<v Speaker 8>Array, It's Adam Aridami.

<v Speaker 3>Hey, good morning, welcome to the show.

<v Speaker 8>Hi, good morning. I think I can give a really

<v Speaker 8>good perspective, okay, because I'm also twenty two fake doing

<v Speaker 8>Oh I'm twenty two, and I love experiences. I love traveling,

<v Speaker 8>I love doing things like that. Fifteen thousand dollars for

<v Speaker 8>one weekend is in the same and I think that

<v Speaker 8>even if we look at like, oh, it's gonna be

<v Speaker 8>a better experience than what she had before. The whole

<v Speaker 8>that we're so young is why I think you should

<v Speaker 8>try to get those experiences as cheaply as possible, because

<v Speaker 8>right now my body can take sitting in line for

<v Speaker 8>hours and stuff like that.

<v Speaker 6>Right.

<v Speaker 2>Well, the thing is too is that she was just there, like, yeah,

<v Speaker 2>she was there, she enjoyed it, got her selfies, got

<v Speaker 2>the Instagram post like why would you turn around again

<v Speaker 2>next year and do it all over again much?

<v Speaker 3>Well, then just.

<v Speaker 8>Spend the amount she Yeah, I just went to Ireland

<v Speaker 8>with a friend in January and we did so much.

<v Speaker 8>We saw basically the entire island and it was I

<v Speaker 8>think I spent less two k.

<v Speaker 4>Well, yeah, think about how much fifteen grand would get

<v Speaker 4>you if you did a backpacking trip through Europe especially.

<v Speaker 8>There's so many more experiences that she can have with

<v Speaker 8>that same amount of money. And unfortunately, I do think

<v Speaker 8>getting a quote unquote influencer package is more about how

<v Speaker 8>people are going to be viewing your experience.

<v Speaker 2>Correct, then you can brag, oh I got the influencer

<v Speaker 2>package because I'm an influencer.

<v Speaker 3>It's like people on your Instagram.

<v Speaker 8>I feel like it would be so much more fun

<v Speaker 8>and so much more youthful to do it.

<v Speaker 9>I don't want to say the harder way, but like.

<v Speaker 8>Not not spending fifteen thousand dollars on if it's gonna

<v Speaker 8>make your experience quote unquote better.

<v Speaker 3>Yeah, you can just kind of brag it. Thank you

<v Speaker 3>for your call. I'm gonna put you in camp jear

<v Speaker 3>bear here, Thank you, Adam.

<v Speaker 1>And I just want to point out, like the influencer package,

<v Speaker 1>they're just calling it that, but she wants it because

<v Speaker 1>it's a lot more access. Like when you're camping, you're

<v Speaker 1>off site from the festival, so it takes it. You

<v Speaker 1>have to get on a bus and it's like a

<v Speaker 1>whole produce says, to get from the campground, not a

<v Speaker 1>bud festival. Well, I'm just saying it's not as easily

<v Speaker 1>just readily available as if you're in this influencer kind

<v Speaker 1>of area. And so that's another reason she wants it.

<v Speaker 1>She doesn't feel like she got to experience the whole

<v Speaker 1>Coachella because the person.

<v Speaker 3>She was at the concerts I know she was, she.

<v Speaker 1>Was a lot more removed than she wanted to be

<v Speaker 1>because there was another person with her, and so like

<v Speaker 1>that's part of the reason. Is she just wants to

<v Speaker 1>be at the festival a little bit more.

<v Speaker 2>Isn't she looking to get married eventually too? She's with

<v Speaker 2>this boyfriend she's been with.

<v Speaker 10>He's gonna go with her next they're talking, so they're

<v Speaker 10>gonna spend thirty Oh gosh, no, no, last part, Jeremy,

<v Speaker 10>you just wants to marry.

<v Speaker 3>They're each gonna work out fifteen thousand.

<v Speaker 1>They're talking about it.

<v Speaker 2>So now we're talking thirty thousand dollars for a weekend.

<v Speaker 1>They're talking about it.

<v Speaker 3>Which is about the cost of a wedding. I know,

<v Speaker 3>I know, if you know, we're throwing numbers out there

<v Speaker 3>now we found out before the song.

<v Speaker 2>Instead now of fifteen thousand dollars for one ticket, maybe

<v Speaker 2>Nana's boyfriend, boyfriend Nana is also going to show out

<v Speaker 2>fifteen thousand dollars boyfriend Nana.

<v Speaker 1>I love that.

<v Speaker 2>So now we're looking at thirty thousand dollars for two

<v Speaker 2>concert tickets in one weekend at Coachella next year.

<v Speaker 3>Is there money now if you put that into an.

<v Speaker 2>Account, Katie, thirty grand for thirty years, seven percent added

<v Speaker 2>a baby like one hundred bucks a month, Okay, three

<v Speaker 2>hundred and sixty six thousand dollars they have just just

<v Speaker 2>hanging out there.

<v Speaker 1>Yeah, and they're what twenty two years they're twenty two? Yeah, yes,

<v Speaker 1>don't look at me like fifty.

<v Speaker 3>Two years old.

<v Speaker 2>They'd have almost four hundred thousand dollars just sitting there.

<v Speaker 1>I know, I know, Magan, Hi.

<v Speaker 2>Megan, Hello, Hey, what do you think Katie's daughter should do?

<v Speaker 11>I'm going to venture to say that if she's considering

<v Speaker 11>fifteen thousand dollars for a ticket, that she said that

<v Speaker 11>great with money and does not have that in her pocket,

<v Speaker 11>I'm assuming this will go on a credit card.

<v Speaker 1>No, well, she saves for it, like she does not

<v Speaker 1>ask us for us for money, like she actually saves

<v Speaker 1>the money to do it. I'm sure some of this

<v Speaker 1>she has on credit cards, you know. I'm sure some

<v Speaker 1>of the vacation. I know she has credit cards that

<v Speaker 1>she uses while she's out there. But the actual ticket

<v Speaker 1>when she went to Coachella this last time, she saved

<v Speaker 1>all of her money to do it.

<v Speaker 11>So, but was it fifteen thousand dollars?

<v Speaker 1>Not this last time? No, not this last time? It

<v Speaker 1>wasn't so okay, so.

<v Speaker 11>Share me break out the calculator and tell us how

<v Speaker 11>much this will actually cost with credit card interests.

<v Speaker 1>I don't know if she's gonna put it on a

<v Speaker 1>credit card though, I don't think the ticket it says.

<v Speaker 2>Like she's got a year, Megan to save this fifteen grand. Yes,

<v Speaker 2>she'll have it in her hot little hands, and she's

<v Speaker 2>just gonna go blow the fifteen thousand without putting it

<v Speaker 2>on the credit card.

<v Speaker 1>Well, and that's the thing about the Coachella tickets. I

<v Speaker 1>don't know if a lot of people are familiar. You

<v Speaker 1>can make payments throughout the year, like you have a date,

<v Speaker 1>like a stretch of time that you can pay off

<v Speaker 1>your ticket. So she did that that this last time.

<v Speaker 3>She was just making a car breaksdown or something. She's

<v Speaker 3>not gonna have any money.

<v Speaker 1>Yeah, she has money, like, she has savings, she has

<v Speaker 1>stuff in the bank, like this is just something on

<v Speaker 1>top of that that she wants to do.

<v Speaker 2>So Megan, are you are you saying spend this or

<v Speaker 2>don't spend it on the concert ticket?

<v Speaker 11>I'm saying don't spend it. Everyone like my age, I'm

<v Speaker 11>thirty four, I just had a birthday. I had to

<v Speaker 11>think about that and we like everyone my age is like,

<v Speaker 11>oh my gosh, we wish that we had started saving earlier,

<v Speaker 11>because life sucks when your thirties, like in your forties

<v Speaker 11>and just continuing on. So, Nah, I get paying for

<v Speaker 11>an experience, but I don't get paying that much for

<v Speaker 11>an experience.

<v Speaker 3>Life just gets more and more expensive.

<v Speaker 2>It really really does you preach the truth, Megan, So

<v Speaker 2>I'm gonna put you down for don't spend that money.

<v Speaker 2>Thank you Megan for calling Lrisia.

<v Speaker 11>Good morning.

<v Speaker 3>All right, what do you think Katie's daughter should do

<v Speaker 3>with this ticket?

<v Speaker 12>I think I think we have a very different perspective

<v Speaker 12>of what we deem a worthy experience because I just

<v Speaker 12>took my family a five to Japan for two weeks

<v Speaker 12>for that same amount, So I don't think I can

<v Speaker 12>justify spending that on a ticket for one weekend. And

<v Speaker 12>it's also I've never been to Coachella, but I don't

<v Speaker 12>think you have like a guaranteed I guess maybe with

<v Speaker 12>her ticket she would have like guaranteed feeding. Is that

<v Speaker 12>what she's like after? Like guaranteed section to be closer.

<v Speaker 1>Closer, closer, and also like the there's food, like you

<v Speaker 1>get into the food tents. And all, like there's a

<v Speaker 1>bunch of tents.

<v Speaker 3>What food you can buy for fifteen thousand?

<v Speaker 1>Don't get access unless you have this ticket, right, So

<v Speaker 1>these are tents that you can get in in Coachella,

<v Speaker 1>and I've never been there, so I can't speak on it.

<v Speaker 4>There's no guaranteed seating at any performance for Coachella, okay.

<v Speaker 1>So that must not be a part of it. Are

<v Speaker 1>other things that make it worthwhile in her.

<v Speaker 2>I think they are fully catering to the twenty two

<v Speaker 2>year old and they're going to make this money because

<v Speaker 2>they put the word influencer on it, and that is

<v Speaker 2>everybody's goal right now.

<v Speaker 12>Yeah, I still feel like maybe she's a little bit

<v Speaker 12>on a high coming back like so excited, like let

<v Speaker 12>me look for next year. But I think she needs

<v Speaker 12>to like give it some thought. Maybe by next year

<v Speaker 12>when it comes around, she'll have changed her mind and

<v Speaker 12>be like, Okay, that was a little crazy.

<v Speaker 3>It is a good point.

<v Speaker 2>Once you see that money sitting in your bank account too,

<v Speaker 2>you're like, man, do I want to get rid of

<v Speaker 2>all that?

<v Speaker 3>Because that took me a lot of effort to save it?

<v Speaker 1>Well, and also a solid point on the she's still

<v Speaker 1>on a high from Coachella this last year, Like she

<v Speaker 1>really is, you know, like that was one of her

<v Speaker 1>favorite experience.

<v Speaker 2>Yeah, And how do I become part of your family

<v Speaker 2>so you can?

<v Speaker 3>That's really nice of you.

<v Speaker 12>Oh it's great. It is so amazing.

<v Speaker 3>Get some culture with that money.

<v Speaker 2>That is an experience right there instead of standing at

<v Speaker 2>a dusty concert.

<v Speaker 3>I like what you do.

<v Speaker 2>Yeah, Laricia, thank you so much for calling in. I

<v Speaker 2>got you in camp. Don't spend that money.

<v Speaker 6>Bonnie, Hey, hey, good morning.

<v Speaker 3>What are your thoughts on this ticket?

<v Speaker 13>I'm kind of I'm kind of teetering, But first question,

<v Speaker 13>does she still live at home?

<v Speaker 1>She does with her Yeah, she does. So that's another

<v Speaker 1>reason why right now she can take advantage of her situation,

<v Speaker 1>you know, which is why I'm kind of trying to.

<v Speaker 3>But she's twenty two. I'm gonna want to move out.

<v Speaker 13>Does she pay your rent?

<v Speaker 1>No, she does live with me, she lives her dad.

<v Speaker 1>She does pay rent, and her plan is to move

<v Speaker 1>out by the end of the year. So this is

<v Speaker 1>one of many things she's saving for.

<v Speaker 13>Well, then I say, do it. I mean, you're only

<v Speaker 13>twenty two months, so I mean when I was twenty two,

<v Speaker 13>I had a baby, another one on the way, and

<v Speaker 13>I missed like all the fun experiences. And if they

<v Speaker 13>can afford it, it's their choice.

<v Speaker 1>Thank you, Bunny.

<v Speaker 2>Don't you wish you had an extra fifteen thousand dollars

<v Speaker 2>though when you had that baby?

<v Speaker 7>Hell yeah, Bonnie, thank you for having no.

<v Speaker 1>Wish you had the money.

<v Speaker 3>But your daughter could get pregnant this weekend.

<v Speaker 1>Stop, Jeremy, Jeremy, shut your face. She could get.

<v Speaker 3>Pregnant a week before next year's concert. You think she's

<v Speaker 3>gonna be, Like, I gotta.

<v Speaker 1>Still going Screw you, guys. You're right. You actually make

<v Speaker 1>a really good point. Yes, she could be, and that's

<v Speaker 1>why I feel she should take advantage while she can,

<v Speaker 1>because I will tell you what having a baby changes everything.

<v Speaker 1>You don't get to take vacations to coach Nice fifteen?

<v Speaker 1>Is that a baby at Coachella? Like, no, you can't

<v Speaker 1>bring a baby to Coachella.

<v Speaker 3>Well, there's other things to be said about that.

<v Speaker 1>You probably could, but any I just like.

<v Speaker 2>Baby not I was gonna get drunk and have relations

<v Speaker 2>with a guy dressed as a caveman.

<v Speaker 3>Stop.

<v Speaker 1>We were in a committed relationship. Okay, okay, it was

<v Speaker 1>just a rast a Halloween and his dad and I

<v Speaker 1>went to story behind that. Now, can I just say

<v Speaker 1>something real quick? So I'm actually texting my friend broke,

<v Speaker 1>what up?

<v Speaker 3>Broke?

<v Speaker 1>She made a really good point because we actually recently

<v Speaker 1>had to go up to her dad's house he passed away,

<v Speaker 1>and we had to go clean out his apartment up

<v Speaker 1>in Estes Park, right. And this man saved all of

<v Speaker 1>his money his whole life, bought an apartment with it

<v Speaker 1>and everything. And guess what we had to do. We

<v Speaker 1>had to go clean all that up and all the stuff.

<v Speaker 1>And he still let his money in a bank. At

<v Speaker 1>the end of the day. He didn't experience it. Your

<v Speaker 1>family experience anything. He sat in his apartment and he

<v Speaker 1>didn't do anything. All he cared about was saving his

<v Speaker 1>money and packing it away. That's people in case, pass.

<v Speaker 3>Your money down to your family.

<v Speaker 1>That's all I'm saying is that there comes a time

<v Speaker 1>when you really need to enjoy life. Like I'm you

<v Speaker 1>know what the secret of life is to enjoy the

<v Speaker 1>passing of time. And if all you're doing is saving money,

<v Speaker 1>that's not enjoy it.

<v Speaker 2>You can still have experiences and so throughout your life

<v Speaker 2>without dropping fifteen grand form one every week on vacations

<v Speaker 2>every summer, we are experiencing life.

<v Speaker 1>Everything is getting more and more and more expensive. And

<v Speaker 1>so that's why I'm like, it's nice to have if

<v Speaker 1>she wanted to do this and go out and spend

<v Speaker 1>that kind of cash. Now is the time in her

<v Speaker 1>life where she can do it because she works at

<v Speaker 1>a bank. She makes good money, and she can save,

<v Speaker 1>Like say she goes out and does this Coachella thing

<v Speaker 1>and then she hangs up the journey for a little

<v Speaker 1>bit and you know, doesn't go on as many vacations

<v Speaker 1>and then she saves her money, Like right now is

<v Speaker 1>when she can enjoy it. And so that's why I'm

<v Speaker 1>teetering that way, because you.

<v Speaker 2>Can still enjoy your money in your thirties and your forties,

<v Speaker 2>in your fifties, you can enjoy it all those years you.

<v Speaker 1>Can, but as not as much, like really crazyly crazy.

<v Speaker 2>I gotta take one more call back, Vanessa. This this

<v Speaker 2>thing on the screen says she wants to comment so bad. Okay,

<v Speaker 2>Hi Vanessava, good morning, listen, and we should change this.

<v Speaker 2>It's not fifteen thousand on one ticket. It's her and

<v Speaker 2>her boyfriend, so it's thirty thousand dollars on two tickets

<v Speaker 2>for a weekend.

<v Speaker 3>Good idea better I day.

<v Speaker 9>So, Katie, I love you so much and I'm always

<v Speaker 9>in the Katie court completely Today I have to agree

<v Speaker 9>with Jerr. It is just listening to to like, fifteen

<v Speaker 9>thousand dollars. She had this great experience. What if she

<v Speaker 9>goes and that weekend sucks like she spent fifteen thousand dollars,

<v Speaker 9>Think about, think thirty, think about. Okay, So I'll give

<v Speaker 9>you an example. We want to My husband and I

<v Speaker 9>went on a cruise for our tenth anniversary. It was awesome,

<v Speaker 9>it was so great. Five years later, we spent more

<v Speaker 9>money to get a better room, and we wanted to,

<v Speaker 9>you know, because we thought it was so great. The

<v Speaker 9>second cruise wasn't good. It was the first one was

<v Speaker 9>so amazing. The second one didn't work out. So fifteen

<v Speaker 9>thousand dollars that's a lot of money for weekends.

<v Speaker 2>Here's what I caught to Vanessa that Katie just said

<v Speaker 2>that she's twenty two, she's living with her dad, maybe

<v Speaker 2>Nana is, and she wants to move out and get

<v Speaker 2>a place right with her boyfriend. So don't you think

<v Speaker 2>when they move out together, having a bank account with

<v Speaker 2>thirty thousand dollars in it is going to help.

<v Speaker 9>They're setting themselves up.

<v Speaker 3>So they're setting themselves up.

<v Speaker 2>Sure, Yeah, for a furnace that goes out, they need

<v Speaker 2>a new couch, the dishwasher, the tranny goes out on

<v Speaker 2>the car. You know, like that thirty grand is going

<v Speaker 2>to be so much more beneficial than a Saturday night

<v Speaker 2>at Coachella.

<v Speaker 9>And I think, Katie, when you said your friend's dad

<v Speaker 9>passed away and he you know, he banked all that money.

<v Speaker 9>There is people in between, right, like, so they're in

<v Speaker 9>an extreme. You put it all away you don't do anything,

<v Speaker 9>or you put it away and you spend throughout your

<v Speaker 9>lifetime and do those experiences that you don't have to

<v Speaker 9>put every dime. I mean to.

<v Speaker 3>Try truth but truth. And that might have been that

<v Speaker 3>dollar guys.

<v Speaker 2>And yeah, that must have been that guy's way of

<v Speaker 2>it's pleasure for him to know that he doesn't have

<v Speaker 2>to worry about money.

<v Speaker 3>So maybe that was just his style.

<v Speaker 2>I got fat stacks of cash and I don't have

<v Speaker 2>to worry about anything.

<v Speaker 1>Yeah, that's kind of yeah, I'm sure that was a

<v Speaker 1>big part of his process. Yeah, you know, but my

<v Speaker 1>thing it was maybe Nona too, is like why can't

<v Speaker 1>she do both? Why can't she save her Coachella and

<v Speaker 1>a house? Like what if she's just.

<v Speaker 9>You made the comment, you made the comment things are

<v Speaker 9>getting more expensive. Yeah, So the longer she waits to

<v Speaker 9>start saving, and I know you said she's a saver,

<v Speaker 9>but to save you know, in five years, what's that

<v Speaker 9>fifteen thousand dollars really going to be?

<v Speaker 6>Right?

<v Speaker 2>And the key getting more Start young, Vanessa, start saving young, really.

<v Speaker 7>Young, Katie.

<v Speaker 9>I'm getting ready to retire in about five years and

<v Speaker 9>I'm ready.

<v Speaker 2>Okay, Yeah, but according to Katie, you're old and you

<v Speaker 2>can't walk anywhere.

<v Speaker 9>You gotta keep up, you gotta you got exercise the stuff,

<v Speaker 9>you gotta stay healthy. Yeah, but we traveled and we

<v Speaker 9>did stuff throughout all the years. You know, we were

<v Speaker 9>able to do some of that stuff too.

<v Speaker 3>So Vanessa, this is.

<v Speaker 9>I know, Katie, I'm sorry. I didn't think I would

<v Speaker 9>ever agree with Jeremy ever.

<v Speaker 3>Wait, wait a minute, we're out of time. We gotta

<v Speaker 3>let you go.

<v Speaker 1>Vanessa really was the voice of reasons. Thank you for

<v Speaker 1>all of the good there's a lot of really good advice.

<v Speaker 2>The text line is blowing up too, so we love

<v Speaker 2>bringing our personal lives under the airway and you guys

<v Speaker 2>can fire off at us.

<v Speaker 3>Really appreciate you guys.

<v Speaker 2>Thank you so much for your calls and comments. We

<v Speaker 2>are Jeremy, Katie, Josh here at Mix.