Episode Transcript
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Speaker 1 (00:10):
My Hard podcasts, hear more kids podcasts, playlists, and listen
live on the Free I Hard. A.
Speaker 2 (00:17):
Elon Musk is also back.
Speaker 1 (00:18):
Well it didn't go anywhere, And look, he said something
pretty wild I'd love to share with Well. One like
side recommendation I have is like, don't worry about like
squirreling money away for retirement in like ten or twenty years.
Speaker 2 (00:29):
In one matter, you won't need to save for retirement.
If any of the things that we've said are true,
saving for retirement will be irrelevant. It's just so out
of touch.
Speaker 1 (00:38):
Well, it's a wild thing for a trillionaire to say
to you that much. Don't worry about cash, guys, but
you don't even worry about it. I've got post of it. Anyway,
How could that possibly work, that you don't need money
for your retirement?
Speaker 2 (00:49):
Look, I don't know.
Speaker 1 (00:50):
He's saying there's some technological thing that will be different
for everyone.
Speaker 2 (00:53):
The phone money just won't be a thing. I think
that's what he's saying. That's madness. Well, that's just madness.
Speaker 1 (00:59):
He's been right about a lot of things, and he's
been wrong about a lot of things.
Speaker 2 (01:02):
But he's been right about a lot of things. So anyway, I.
Speaker 1 (01:04):
Just found that was Also we were talking before about
how much money Elon Musk has. By the way, this
is when he was just a billionaire. I think there
was some statistic that I'm trying to remember what he's
uh Neil Degrass Tyson, who's an astrophysicist, he figured out
how much money he had and he said, if you
broke Elon Musk's fortune into one dollar bills, it would
(01:25):
have enough money to wrap around the Earth one hundred
and twenty seven times and then go to the moon
and back.
Speaker 2 (01:30):
That is wild.
Speaker 1 (01:30):
And he now has like twice as much money as that,
So it's a wild thing to say for a very
rich guy. But right now what I want to do
is I was actually fastin I was I was thinking
about this, and I was like, I wonder how many
people like how much savings everyone has?
Speaker 2 (01:45):
Okay, it's a strange question, very very very personal question,
and you'd never talk about it, and you'd never mentioned it.
Speaker 1 (01:50):
And I think we're all kind of sitting here after
hearing this from Elon Musk and it makes everyone go
a little bit.
Speaker 2 (01:54):
Like, oh us, everyone got enough. Maybe I should't matter
about saving anymore. So call the number one. You're random,
you're anonymous?
Speaker 1 (02:00):
Hello, Hello, Hello, Hello. Do you have savings?
Speaker 3 (02:06):
I do? It's not very much out there a deep
at the moment, but it's sitting at twelve and a
half thousand.
Speaker 2 (02:13):
Okay, all right, thank you so much for the call.
Appreciate it. Calling number two. Hello, hello me Hello? How
old are you calling number two? I am twenty six
years old? Okay, do you have savings?
Speaker 3 (02:28):
I do have savings? Yeah.
Speaker 2 (02:29):
Can I ask what your profession is?
Speaker 3 (02:31):
I work in the recruitment industry.
Speaker 2 (02:34):
Okay, what are your savings? Call the number two.
Speaker 3 (02:37):
I have eighteen thousand dollars in my savings.
Speaker 2 (02:40):
Okay.
Speaker 1 (02:41):
Some people feeling better about yourselves, some people feeling a
lot worse about them.
Speaker 2 (02:44):
So you have a figure in your head that you're
trying to get to. Call on number two. The goal
is a trip away.
Speaker 3 (02:51):
I'm aiming for at least twenty five to thirty to
book that in for a big, big Oh.
Speaker 1 (02:55):
That that's a great place to spend your money. Well done,
call on number two.
Speaker 2 (02:58):
Call number three here call number three's following el on musk.
No need for savings. Well, so I had this chat
with a friend the other day. It was pretty late
in the ending.
Speaker 1 (03:06):
Sure, and they told me, you know, secretly, they didn't
have any savings.
Speaker 2 (03:11):
Sure, no one knows this, but I've got none. Yeah,
I just don't see the point in it.
Speaker 1 (03:15):
I love just living my life and don't really ever
want to own anything.
Speaker 2 (03:19):
And it's great for me, awesome.
Speaker 1 (03:20):
And I was like, Wow, that's really cool that you've
just freed.
Speaker 2 (03:23):
Yourself of that.
Speaker 1 (03:25):
So and I think it's a generational thing as well
as lot did you Peel gen zs walking into the
world going like, why the hell should I bother saving?
And you've got all these people who are going to
get their pensions, were already loaded up on all the property.
We're expected me to work like a slave so he
can get up there, or I could just enjoy myself
all The number three has called call number three.
Speaker 2 (03:40):
How old are you?
Speaker 3 (03:42):
Hi? I'm fifty five tomorrow, okay?
Speaker 2 (03:45):
And how much do you have in savings?
Speaker 3 (03:47):
I have just under five grand at the moment, it
was more, but it's taken a bit of a hit lately.
Speaker 1 (03:52):
Somemer period, Christmas, et cetera. How does it make you
feel about the calling number two? Twenty six? He's got
twenty whatever he had eighteen grand or something.
Speaker 3 (03:59):
Yeah, that's good, like I was up around that, so yeah,
that's really great at that age, they really need to
keep that going. That's fantastic.
Speaker 2 (04:06):
I love that. So now you just now savings. Is
it a priority for you?
Speaker 3 (04:10):
Absolutely?
Speaker 2 (04:11):
Yeah? All right?
Speaker 1 (04:12):
So so you are saving for your retirement and later
in life, like you're not thinking about an overseas trip
little get away, little little.
Speaker 3 (04:20):
Yeah, absolutely planning a trip overseas, but also for long
term as well.
Speaker 2 (04:24):
Nice. Yeah you said Tiki to Tiki two is what
I mentioned Tiki Torch calling him before. Hello, Oh how
old are you?
Speaker 3 (04:37):
I'm sixty eight.
Speaker 2 (04:38):
How much do you have in savings?
Speaker 3 (04:39):
And look in my general savings account about seven and
a half thousand dollars, but we've got a lot more
on superannuation and stuff.
Speaker 2 (04:46):
Yeah no, great, all right, thanks so much you calling.
Are you unlocking that way?
Speaker 3 (04:51):
I'm lucky that probably in about the next six months.
Let me tell.
Speaker 2 (04:54):
You what are you doing with this super first?
Speaker 3 (04:59):
So I'll be I'll be flush.
Speaker 2 (05:01):
Oh mate, you'll be half of that flush. Wow.
Speaker 1 (05:04):
Hey you never tried it all holy, I'm all about
your calling them before. Thanks for calling actually, all you guys,
you guys are cool, can have Holy Moly batches.
Speaker 2 (05:11):
Go for it, have a great time.