December 14, 2025 • 11 mins
Mindy and Boots speak with Joe Schmitz's from Peak Retirement Planning about his 4th book!
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Myself. A coaching buddy, longtime coaching buddy, Artie Taylor passed
away and he'd been fighting cancer since January, Okay, and
he was a fighter. He was so fun, such a
great man. Coached at Wittenberg, coached at a Jai Dominican
coach for eleven years at Wellington High School, went to
state twice. But the amount of people who he influenced.
(00:21):
When you're a high school coach and at the college level,
two you influenced so many lives. And as we were
leaving the funeral home today, there was just a line
and line of people. Joe, I know you're in the
basketball community.
Speaker 2 (00:33):
Yeah, I knew already. Yeah, he was a great guy.
Speaker 3 (00:35):
Oh gosh, I actually coached with him, so we really, Yes,
we had. We were on the same AAU program, Nova Village,
and we coached the same age group because his son
was in the same age group.
Speaker 2 (00:45):
Yeah, we had. I coached a team, he coached.
Speaker 3 (00:47):
A team and on the same organization, so got to
interact with him quite a bit.
Speaker 2 (00:51):
But just a great guy.
Speaker 1 (00:52):
Yeah, you meet him once.
Speaker 2 (00:53):
It's one of those people that will last a lifetime.
Speaker 1 (00:56):
That I was for the first hour, But you wanted
Lad to say something before we talk.
Speaker 4 (01:01):
Yeah, I don't want to kick Lad to the curve yet,
because if we were so light, he's got so much information.
I could keep him on for five hours. I mean
it's like he's like my twin brother, but smarter, better looking.
Now I'm a play it to your show one more
time and before we let you leave.
Speaker 5 (01:18):
Thank you.
Speaker 6 (01:18):
I appreciate that. So on YouTube, the Stand and Speak
Show and on X at Lad dill Guard, we just
published a video on the Somali issue, the Somali immigrant
issue that is bubbling up across the nation. Billiams, Minnesota, Maine,
and Ohio have significant fraud and crime issues related to
(01:39):
the Somali community.
Speaker 5 (01:40):
Is it fair?
Speaker 6 (01:41):
What to do about it?
Speaker 5 (01:42):
And so on.
Speaker 6 (01:42):
So I appreciate you guys having me on today.
Speaker 4 (01:44):
We'll have you on a lot more.
Speaker 5 (01:45):
Can people get more information on Stand and Speak on
YouTube at the Stand and Speak Show, I also have
a sub stack where I publish articles and again on
X at Lad dill Guard Stand and Speak.
Speaker 1 (01:58):
His name is growing boots.
Speaker 5 (02:00):
You know, people are getting more.
Speaker 1 (02:01):
More aware of what Lad Dillgard does. We Stand and Speak.
Speaker 4 (02:05):
Common sense, that's all you gentlemen, everybody we deal with
has a lot of common sense, and that means the world.
That's what America needs. Common sense, a.
Speaker 6 (02:13):
Lot of common sense in this room, that's for sure.
Speaker 1 (02:15):
That's well, that's what honestly, that's what President Trump ran
on was common sense and common sense issues that most
people agree with. And when it comes to money and Joe,
we're going to have so much to talk about with
you because if you invest, if you have been watching
the market, it's had record highs lately under the Trump administration.
Speaker 4 (02:36):
Terrible, why would he do such a thing? And gas
is cheaper? No good Orange Man.
Speaker 1 (02:42):
So where do we stand right now?
Speaker 2 (02:43):
Yeah, I mean market's doing well this year.
Speaker 3 (02:45):
We had a little you know, bumping the road earlier
in the year, but since then it's recovered quite a bit.
So a lot of people you know that we work
with who are internet retirement, have been very pleased. And
we get a lot of people that have come to
us and a lot of times they're saying, like, hey,
may now be the time to take some chips off
the table, even though there could be some upsides still
to come.
Speaker 2 (03:05):
You know, just thinking about where you're at in your stages.
Speaker 3 (03:07):
You know, if you're in retirement, your near retirement, you know,
you probably need to start to spend that money. You
probably need to need that to replace your income from working.
And so, you know, something for people to think about
is now could be a good time to really de
risk their portfolio, depending on where they're at in what stage.
Speaker 4 (03:23):
So yesterday didn't want to buy their Florida home. After
that snowma getting They're like, I got to get out
of here.
Speaker 2 (03:28):
Yeah, it's a good time for them to think about that.
Speaker 1 (03:30):
Yeah, what happens at the end of the year when
people are investing. If they're thinking about investing, how important
is it to maybe wait a month for the beginning
of the year. Does it matter? Can you do it now?
Should you wait till twenty twenty six?
Speaker 3 (03:40):
Yeah, that's a great question. So there's a few things
that people need to do before the end of the year.
One is to look at where they sit from an
income standpoint. So the majority of our clients right now,
you know, most of our clients who work with they've
saved quite a bit, and so now's the time where
they can start taking money out of their investments. While
we do have these lower tax traits right now, so
(04:00):
the one Big Beautiful Bill was announced earlier this year
for all those people who are sixty five or order,
they get an extra bonus deduction that they get to
save more on taxes for this year and then the
next three years as well. But we're trying to tell
our clients is don't don't let this just go by,
you know, make sure we're.
Speaker 2 (04:16):
Taking advantage of this. So that could mean for many.
Speaker 3 (04:19):
People listening to take out extra money from their IRA
before the end of the year. Maybe they look to
contribute to a roth IRA, which they actually have until
April fifteenth to do that for twenty twenty five, so
they allow you to to do that until that point,
and so there's quite a bit of opportunities, but maxing
out your four one K contributions the IRA contributions. Another
(04:39):
big one is an HSA for those who have that,
that's a health savings account they can it's high deductible
health insurance plan. If you have that, you can contribute
to this type of account. So making sure you're maxing
out all your accounts before the end of the year
is always something important to do.
Speaker 1 (04:53):
Boots just did a major thing, you know, he was
really living in a beautiful home across the street from
Hoover Dan for how many years were you there?
Speaker 2 (04:59):
Boots?
Speaker 1 (05:00):
So he really downsized. He moved out of wester Riill
went to Sunbury. What type of financial advice do you
give people like Boots or someone who's in that part
of their life or they do downsize a little bit.
Speaker 2 (05:10):
Yeah, no, I think it's a great idea, especially people.
Speaker 3 (05:12):
You know, as a age eight, they're not going to
want to go upstairs. They're not going to have to
deal with all.
Speaker 1 (05:16):
Well he had an elevator.
Speaker 4 (05:17):
Yeah, yeah, I did have an elevator, an elevator in
that it came with the house. I didn't put it
in there. But yeah, I mean I I just every
month putting out four to five thousand dollars. I was like,
what am I doing?
Speaker 2 (05:29):
Yes, just a smart move for him, right, Yeah, it
spend it other ways? Right, Yeah, I buy another car.
Speaker 4 (05:36):
I didn't, but but that's the thing. I bought a
better truck. But you know, I just I can see people,
you know, so many older people keep that big home
and I know they raised her kids there and your
mom did your mom hated to sell your house? There
were so many memories there right, I never.
Speaker 1 (05:49):
Would have sold that she would she stayed in.
Speaker 4 (05:51):
My mom was the same way. But I think our
generation looks at it a little differently. I mean, I
don't know, what do you think a guy under sixty
looks different than.
Speaker 3 (06:00):
The majority of our clients in their fifties and sixties
are all typically looking, not all of them, but most
of them are looking to relocate to either downside or
maybe a different location. A lot of clients who we
work with clients across the country, and so a lot
of our clients are looking to go to lower tax
states and retirement as well. So you know, we've got
clients in New York and in California.
Speaker 2 (06:21):
You know, they really.
Speaker 3 (06:21):
Attracted things like places like Florida or Tennessee where there
is no state income tax. So a lot of things
to consider, and as we just talked about with the weather,
I mean, that's something to consider, but obviously you have
to consider the other side.
Speaker 2 (06:32):
You're going to be away from your family. That's okay.
Ohio is a great place to retire.
Speaker 3 (06:36):
I mean there's that, you know, Social Security is not
taxed at the state level, so there's there's a lot
of different things that they're still advantageous.
Speaker 2 (06:43):
And we always tell our clients out of town.
Speaker 3 (06:45):
We tell them, you know, Columbus is either a great
place to live or to visit for a couple of
days in the fall or spring away from them. It's
not a place to come to in the winter summer necessarily,
and it's not a place to come to for a
few weeks at a time. So but it is a
great place to live, you know, the low costa standard level.
Speaker 1 (07:01):
And it's really young and thriving because what happens is
so many people from all over the country go to
Ohio state and then they fall in love with the city,
and then after graduation they end up staying here. I'm
not sure if you know this, but Joe has written
now his fourth book, but one of his books, Midwestern Millionaire,
he's really deals with. Most of his clients are people
who have saved, saved, saved, lived very tight, cheap lives
(07:25):
many and then now they're able to a little later
in life enjoy a little bit. But we thought about you.
I was out to lunch with several of the girls
and there were some packets of crackers left over on
the table from soup or salads.
Speaker 2 (07:40):
Do you want our crackers.
Speaker 1 (07:41):
I'm like, yeah, they're like Joel, be proud of you,
but that was what he deals with.
Speaker 4 (07:46):
You talk with crackers. I'm gonna throw them at you.
Speaker 6 (07:49):
And I'm sure Joe knows that being frugal is a
good way to accumulate wealth, but not the best way.
It's really through investing and tax avoidance strategy and things
like that.
Speaker 3 (08:00):
I would think, Yeah, I mean, well, frugal helps last.
Speaker 2 (08:04):
Most of our clients.
Speaker 3 (08:05):
You know, we literally call them the Midwestern millionaire because
you know, they're just so diligent.
Speaker 1 (08:09):
But I thought he was going to see because they're
just so cheap.
Speaker 4 (08:12):
Yeah.
Speaker 2 (08:12):
No, we don't use the word cheap. Our clients will
get mad at us. We use the word cheap.
Speaker 4 (08:15):
It's frugal, okay, So it makes you makes her feel better.
When I go to Kroger, Now I actually look at
the sale price. I'm trying to learn. No, we get
this free doos. We're dollars nine nine if.
Speaker 1 (08:25):
You bought five bags of them.
Speaker 4 (08:27):
And I'm like, so I got freedoss, I'll give you one.
Speaker 2 (08:30):
So I don't understand the frugal. I don't have time
for that.
Speaker 4 (08:33):
I'm going down the alley and I'm like, I just
grab what I want. I'm not going to do it.
Speaker 2 (08:37):
I'm not going to cut coople on. You just said
you look at.
Speaker 4 (08:40):
I'm trying to learn a little since it's been around YouTube.
I'm trying to be my first frugal point.
Speaker 3 (08:45):
That's a good part, but that's a good Here's the
thing I'll point out that that last point out is
once you've gotten there though, once the frugeness has gotten
you there, now it's really important to have the investments
in the right place to make sure that you are
doing the tax strategy. But also for people like Mendy
and all you know, forr friends, it's hey, now it's
time to spend.
Speaker 2 (09:02):
Your money or give more more.
Speaker 3 (09:04):
Because you have the opportunity to have financial freedom, you
don't have to worry anymore.
Speaker 1 (09:09):
And you know what, I want to make sure that
my kids, yeah, never have to worry too, because my
parents did that for us. We never have to worry
anything because my dad was such a great investor, and
both my mom and dad lived like we do now.
They saved, saved, saved. But it's not like you save
your life and don't enjoy it. Because we are enjoying
ourselves secure.
Speaker 4 (09:30):
Parents because look what they probably paid for their house,
and what it's worth now the house you grew up in,
because let's say Westerville is huge on prices, and would
they have bought that house now? Would they have spent
that much money? What the house is worth now?
Speaker 1 (09:43):
I don't know, because you have to be I think
everything's cyclical. I mean, yeah, I.
Speaker 4 (09:46):
Guess you made more money or whatever.
Speaker 1 (09:48):
But you got to remember, my mom and dad had
four kids. There were four of us, so you had
to have a big enough house.
Speaker 4 (09:52):
They probably paid one hundred and twenty for that house back.
Speaker 1 (09:54):
Oh yeah, maybe because we were one of the first
families in that neighborhood, but they really we always lived
below their means.
Speaker 2 (10:02):
My mom was always.
Speaker 4 (10:03):
Surprised with me that they had that big of a
house because they have four kids. Though, okay, that makes
sense because.
Speaker 1 (10:07):
I don't think it was that big of a house.
I really don't, and Ma's average house.
Speaker 4 (10:11):
I think I built that almost identical to that house
in Grove City. I only paid one hundred and three
grand for it. Ninety two I built it, and I
thought that was terrible. My house paint was like eight
hundred a month, and I was freaking out. But now
that's nothing. Now you can't buy a house on the
hilltop for two fifty.
Speaker 3 (10:26):
Now.
Speaker 1 (10:26):
Well, the whole thing that the Trub administration is trying
to push right now is affordability. And hopefully in twenty
twenty six things will get better. I see things with
eyes wide open and the glass half full. I think
prices are starting to come down. I think gas is
a huge thing.
Speaker 3 (10:42):
And I think too, I think like people have a
victim mindset a lot of time too. If you really
be frugle, like Mandy, you could speak this like, especially
those who are younger, like, if you can just really
be frugal, have a tight budget, don't spend foolishly like
you can do well. You can have a house, you
can own a house, you can say I'm trying. You
don't need to make millions of dollars a year to
(11:04):
really have a great retirement. So I just think people
need to stop being a victim and blame the government
because here's a deal in office, and Biden's in office,
Like everyone's still saying the same stuff because they don't
want to take responsibility to go right save So you know,
just being disciplined. You know again, if you would have
interviewed all of our top clients, the ones who have
saved millions and millions of dollars, they would just tell
(11:24):
you that that's what they did.
Speaker 2 (11:25):
They just did it and they never complained.
Speaker 3 (11:27):
They love paycheck to paycheck is what it felt like
because they always paid themselves first.
Speaker 2 (11:31):
They always invest.
Speaker 4 (11:32):
In lad Thank you sir, Thank you soon and Zach,
thanks for being big spoilers show we can go to
break so we get back more.
Speaker 1 (11:38):
With Joe this fourth book.
Speaker 4 (11:40):
Yeah, Rob, MINDI and Boots always brought by the d
defeated American madeattle Tale alarm system from the Hartlem Bank
Studios on news radio six to ten WTV in
Myself. A coaching buddy, longtime coaching buddy, Artie Taylor passed
away and he'd been fighting cancer since January, Okay, and
he was a fighter. He was so fun, such a
great man. Coached at Wittenberg, coached at a Jai Dominican
coach for eleven years at Wellington High School, went to
state twice. But the amount of people who he influenced.
(00:21):
When you're a high school coach and at the college level,
two you influenced so many lives. And as we were
leaving the funeral home today, there was just a line
and line of people. Joe, I know you're in the
basketball community.
Speaker 2 (00:33):
Yeah, I knew already. Yeah, he was a great guy.
Speaker 3 (00:35):
Oh gosh, I actually coached with him, so we really, Yes,
we had. We were on the same AAU program, Nova Village,
and we coached the same age group because his son
was in the same age group.
Speaker 2 (00:45):
Yeah, we had. I coached a team, he coached.
Speaker 3 (00:47):
A team and on the same organization, so got to
interact with him quite a bit.
Speaker 2 (00:51):
But just a great guy.
Speaker 1 (00:52):
Yeah, you meet him once.
Speaker 2 (00:53):
It's one of those people that will last a lifetime.
Speaker 1 (00:56):
That I was for the first hour, But you wanted
Lad to say something before we talk.
Speaker 4 (01:01):
Yeah, I don't want to kick Lad to the curve yet,
because if we were so light, he's got so much information.
I could keep him on for five hours. I mean
it's like he's like my twin brother, but smarter, better looking.
Now I'm a play it to your show one more
time and before we let you leave.
Speaker 5 (01:18):
Thank you.
Speaker 6 (01:18):
I appreciate that. So on YouTube, the Stand and Speak
Show and on X at Lad dill Guard, we just
published a video on the Somali issue, the Somali immigrant
issue that is bubbling up across the nation. Billiams, Minnesota, Maine,
and Ohio have significant fraud and crime issues related to
(01:39):
the Somali community.
Speaker 5 (01:40):
Is it fair?
Speaker 6 (01:41):
What to do about it?
Speaker 5 (01:42):
And so on.
Speaker 6 (01:42):
So I appreciate you guys having me on today.
Speaker 4 (01:44):
We'll have you on a lot more.
Speaker 5 (01:45):
Can people get more information on Stand and Speak on
YouTube at the Stand and Speak Show, I also have
a sub stack where I publish articles and again on
X at Lad dill Guard Stand and Speak.
Speaker 1 (01:58):
His name is growing boots.
Speaker 5 (02:00):
You know, people are getting more.
Speaker 1 (02:01):
More aware of what Lad Dillgard does. We Stand and Speak.
Speaker 4 (02:05):
Common sense, that's all you gentlemen, everybody we deal with
has a lot of common sense, and that means the world.
That's what America needs. Common sense, a.
Speaker 6 (02:13):
Lot of common sense in this room, that's for sure.
Speaker 1 (02:15):
That's well, that's what honestly, that's what President Trump ran
on was common sense and common sense issues that most
people agree with. And when it comes to money and Joe,
we're going to have so much to talk about with
you because if you invest, if you have been watching
the market, it's had record highs lately under the Trump administration.
Speaker 4 (02:36):
Terrible, why would he do such a thing? And gas
is cheaper? No good Orange Man.
Speaker 1 (02:42):
So where do we stand right now?
Speaker 2 (02:43):
Yeah, I mean market's doing well this year.
Speaker 3 (02:45):
We had a little you know, bumping the road earlier
in the year, but since then it's recovered quite a bit.
So a lot of people you know that we work
with who are internet retirement, have been very pleased. And
we get a lot of people that have come to
us and a lot of times they're saying, like, hey,
may now be the time to take some chips off
the table, even though there could be some upsides still
to come.
Speaker 2 (03:05):
You know, just thinking about where you're at in your stages.
Speaker 3 (03:07):
You know, if you're in retirement, your near retirement, you know,
you probably need to start to spend that money. You
probably need to need that to replace your income from working.
And so, you know, something for people to think about
is now could be a good time to really de
risk their portfolio, depending on where they're at in what stage.
Speaker 4 (03:23):
So yesterday didn't want to buy their Florida home. After
that snowma getting They're like, I got to get out
of here.
Speaker 2 (03:28):
Yeah, it's a good time for them to think about that.
Speaker 1 (03:30):
Yeah, what happens at the end of the year when
people are investing. If they're thinking about investing, how important
is it to maybe wait a month for the beginning
of the year. Does it matter? Can you do it now?
Should you wait till twenty twenty six?
Speaker 3 (03:40):
Yeah, that's a great question. So there's a few things
that people need to do before the end of the year.
One is to look at where they sit from an
income standpoint. So the majority of our clients right now,
you know, most of our clients who work with they've
saved quite a bit, and so now's the time where
they can start taking money out of their investments. While
we do have these lower tax traits right now, so
(04:00):
the one Big Beautiful Bill was announced earlier this year
for all those people who are sixty five or order,
they get an extra bonus deduction that they get to
save more on taxes for this year and then the
next three years as well. But we're trying to tell
our clients is don't don't let this just go by,
you know, make sure we're.
Speaker 2 (04:16):
Taking advantage of this. So that could mean for many.
Speaker 3 (04:19):
People listening to take out extra money from their IRA
before the end of the year. Maybe they look to
contribute to a roth IRA, which they actually have until
April fifteenth to do that for twenty twenty five, so
they allow you to to do that until that point,
and so there's quite a bit of opportunities, but maxing
out your four one K contributions the IRA contributions. Another
(04:39):
big one is an HSA for those who have that,
that's a health savings account they can it's high deductible
health insurance plan. If you have that, you can contribute
to this type of account. So making sure you're maxing
out all your accounts before the end of the year
is always something important to do.
Speaker 1 (04:53):
Boots just did a major thing, you know, he was
really living in a beautiful home across the street from
Hoover Dan for how many years were you there?
Speaker 2 (04:59):
Boots?
Speaker 1 (05:00):
So he really downsized. He moved out of wester Riill
went to Sunbury. What type of financial advice do you
give people like Boots or someone who's in that part
of their life or they do downsize a little bit.
Speaker 2 (05:10):
Yeah, no, I think it's a great idea, especially people.
Speaker 3 (05:12):
You know, as a age eight, they're not going to
want to go upstairs. They're not going to have to
deal with all.
Speaker 1 (05:16):
Well he had an elevator.
Speaker 4 (05:17):
Yeah, yeah, I did have an elevator, an elevator in
that it came with the house. I didn't put it
in there. But yeah, I mean I I just every
month putting out four to five thousand dollars. I was like,
what am I doing?
Speaker 2 (05:29):
Yes, just a smart move for him, right, Yeah, it
spend it other ways? Right, Yeah, I buy another car.
Speaker 4 (05:36):
I didn't, but but that's the thing. I bought a
better truck. But you know, I just I can see people,
you know, so many older people keep that big home
and I know they raised her kids there and your
mom did your mom hated to sell your house? There
were so many memories there right, I never.
Speaker 1 (05:49):
Would have sold that she would she stayed in.
Speaker 4 (05:51):
My mom was the same way. But I think our
generation looks at it a little differently. I mean, I
don't know, what do you think a guy under sixty
looks different than.
Speaker 3 (06:00):
The majority of our clients in their fifties and sixties
are all typically looking, not all of them, but most
of them are looking to relocate to either downside or
maybe a different location. A lot of clients who we
work with clients across the country, and so a lot
of our clients are looking to go to lower tax
states and retirement as well. So you know, we've got
clients in New York and in California.
Speaker 2 (06:21):
You know, they really.
Speaker 3 (06:21):
Attracted things like places like Florida or Tennessee where there
is no state income tax. So a lot of things
to consider, and as we just talked about with the weather,
I mean, that's something to consider, but obviously you have
to consider the other side.
Speaker 2 (06:32):
You're going to be away from your family. That's okay.
Ohio is a great place to retire.
Speaker 3 (06:36):
I mean there's that, you know, Social Security is not
taxed at the state level, so there's there's a lot
of different things that they're still advantageous.
Speaker 2 (06:43):
And we always tell our clients out of town.
Speaker 3 (06:45):
We tell them, you know, Columbus is either a great
place to live or to visit for a couple of
days in the fall or spring away from them. It's
not a place to come to in the winter summer necessarily,
and it's not a place to come to for a
few weeks at a time. So but it is a
great place to live, you know, the low costa standard level.
Speaker 1 (07:01):
And it's really young and thriving because what happens is
so many people from all over the country go to
Ohio state and then they fall in love with the city,
and then after graduation they end up staying here. I'm
not sure if you know this, but Joe has written
now his fourth book, but one of his books, Midwestern Millionaire,
he's really deals with. Most of his clients are people
who have saved, saved, saved, lived very tight, cheap lives
(07:25):
many and then now they're able to a little later
in life enjoy a little bit. But we thought about you.
I was out to lunch with several of the girls
and there were some packets of crackers left over on
the table from soup or salads.
Speaker 2 (07:40):
Do you want our crackers.
Speaker 1 (07:41):
I'm like, yeah, they're like Joel, be proud of you,
but that was what he deals with.
Speaker 4 (07:46):
You talk with crackers. I'm gonna throw them at you.
Speaker 6 (07:49):
And I'm sure Joe knows that being frugal is a
good way to accumulate wealth, but not the best way.
It's really through investing and tax avoidance strategy and things
like that.
Speaker 3 (08:00):
I would think, Yeah, I mean, well, frugal helps last.
Speaker 2 (08:04):
Most of our clients.
Speaker 3 (08:05):
You know, we literally call them the Midwestern millionaire because
you know, they're just so diligent.
Speaker 1 (08:09):
But I thought he was going to see because they're
just so cheap.
Speaker 4 (08:12):
Yeah.
Speaker 2 (08:12):
No, we don't use the word cheap. Our clients will
get mad at us. We use the word cheap.
Speaker 4 (08:15):
It's frugal, okay, So it makes you makes her feel better.
When I go to Kroger, Now I actually look at
the sale price. I'm trying to learn. No, we get
this free doos. We're dollars nine nine if.
Speaker 1 (08:25):
You bought five bags of them.
Speaker 4 (08:27):
And I'm like, so I got freedoss, I'll give you one.
Speaker 2 (08:30):
So I don't understand the frugal. I don't have time
for that.
Speaker 4 (08:33):
I'm going down the alley and I'm like, I just
grab what I want. I'm not going to do it.
Speaker 2 (08:37):
I'm not going to cut coople on. You just said
you look at.
Speaker 4 (08:40):
I'm trying to learn a little since it's been around YouTube.
I'm trying to be my first frugal point.
Speaker 3 (08:45):
That's a good part, but that's a good Here's the
thing I'll point out that that last point out is
once you've gotten there though, once the frugeness has gotten
you there, now it's really important to have the investments
in the right place to make sure that you are
doing the tax strategy. But also for people like Mendy
and all you know, forr friends, it's hey, now it's
time to spend.
Speaker 2 (09:02):
Your money or give more more.
Speaker 3 (09:04):
Because you have the opportunity to have financial freedom, you
don't have to worry anymore.
Speaker 1 (09:09):
And you know what, I want to make sure that
my kids, yeah, never have to worry too, because my
parents did that for us. We never have to worry
anything because my dad was such a great investor, and
both my mom and dad lived like we do now.
They saved, saved, saved. But it's not like you save
your life and don't enjoy it. Because we are enjoying
ourselves secure.
Speaker 4 (09:30):
Parents because look what they probably paid for their house,
and what it's worth now the house you grew up in,
because let's say Westerville is huge on prices, and would
they have bought that house now? Would they have spent
that much money? What the house is worth now?
Speaker 1 (09:43):
I don't know, because you have to be I think
everything's cyclical. I mean, yeah, I.
Speaker 4 (09:46):
Guess you made more money or whatever.
Speaker 1 (09:48):
But you got to remember, my mom and dad had
four kids. There were four of us, so you had
to have a big enough house.
Speaker 4 (09:52):
They probably paid one hundred and twenty for that house back.
Speaker 1 (09:54):
Oh yeah, maybe because we were one of the first
families in that neighborhood, but they really we always lived
below their means.
Speaker 2 (10:02):
My mom was always.
Speaker 4 (10:03):
Surprised with me that they had that big of a
house because they have four kids. Though, okay, that makes
sense because.
Speaker 1 (10:07):
I don't think it was that big of a house.
I really don't, and Ma's average house.
Speaker 4 (10:11):
I think I built that almost identical to that house
in Grove City. I only paid one hundred and three
grand for it. Ninety two I built it, and I
thought that was terrible. My house paint was like eight
hundred a month, and I was freaking out. But now
that's nothing. Now you can't buy a house on the
hilltop for two fifty.
Speaker 3 (10:26):
Now.
Speaker 1 (10:26):
Well, the whole thing that the Trub administration is trying
to push right now is affordability. And hopefully in twenty
twenty six things will get better. I see things with
eyes wide open and the glass half full. I think
prices are starting to come down. I think gas is
a huge thing.
Speaker 3 (10:42):
And I think too, I think like people have a
victim mindset a lot of time too. If you really
be frugle, like Mandy, you could speak this like, especially
those who are younger, like, if you can just really
be frugal, have a tight budget, don't spend foolishly like
you can do well. You can have a house, you
can own a house, you can say I'm trying. You
don't need to make millions of dollars a year to
(11:04):
really have a great retirement. So I just think people
need to stop being a victim and blame the government
because here's a deal in office, and Biden's in office,
Like everyone's still saying the same stuff because they don't
want to take responsibility to go right save So you know,
just being disciplined. You know again, if you would have
interviewed all of our top clients, the ones who have
saved millions and millions of dollars, they would just tell
(11:24):
you that that's what they did.
Speaker 2 (11:25):
They just did it and they never complained.
Speaker 3 (11:27):
They love paycheck to paycheck is what it felt like
because they always paid themselves first.
Speaker 2 (11:31):
They always invest.
Speaker 4 (11:32):
In lad Thank you sir, Thank you soon and Zach,
thanks for being big spoilers show we can go to
break so we get back more.
Speaker 1 (11:38):
With Joe this fourth book.
Speaker 4 (11:40):
Yeah, Rob, MINDI and Boots always brought by the d
defeated American madeattle Tale alarm system from the Hartlem Bank
Studios on news radio six to ten WTV in
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