January 2, 2025 • 33 mins
Wayne Resnick fills in for Bill Handel all this week. Host of ‘How to Money’ Joel Larsgaard joins the show to discuss how to be financially responsible in 2025, making financial progress, and all the FREE ways to have fun. UPDATE: NOLA terror attack & Las Vegas Cybertruck explosion. Host of ‘Later with Mo Kelly’ joins the show to talk over what you should be streaming in 2025.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're listening to Bill Handle on demand from KFI AM
six forty KFI AM six forty live everywhere on the
iHeartRadio app. It is the Bill Handles Show. He's back
from vacation on Monday. Some of the stories we're watching
for you at KFI Power is back to almost every
customer across Puerto Rico after a major blackout that started
(00:23):
on New Year's Eve. They're going to experience some rotating
temporary power outages over the next week, but they need
to do that so they can completely fix this major
transmission line that failed and caused the big blackout in
the first place. The Sugar Bowl, which was going to
(00:46):
be played yesterday, was postponed in light of what happened
in New Orleans, so it will be today kick off
at four pm. Georgia and Notre Dame will vie for
a big bowl of sugar. All right, Very happy to
bring on board. Joel Larsgard. He is the host of
(01:07):
How to Money here on KFI Sundays from noon to
two and is on social media at how to Money. Joel.
Speaker 2 (01:15):
Good morning, sir, Good morning Wayne. How are you.
Speaker 1 (01:19):
I'm great?
Speaker 2 (01:20):
What about you doing fantastic? Having a good start to
the new year.
Speaker 1 (01:25):
All right, Well, let's help people get a fantastic start
to the new year. As to their personal finance, I
would imagine a guy like you has some tips, some tricks,
some things to consider. So let's say I know nothing,
which is not we're not pretending now I know nothing.
(01:45):
Where should I start?
Speaker 2 (01:47):
Oh? Man, this is such a good question. And I
do think that people have all sorts of goals right
that they've been formulating over the past few days, maybe
the past few weeks, things they want to in twenty
twenty five. And some of those goals are specific specifically
money related. There might be some people out there who say,
I want to start investing, or I want to increase
(02:09):
my net worth, or I want to have more savings
on hand, or I want to pay off my credit
card debt, and all those are admirable and good goals.
And then there are other people who say, who are listening,
and they might say, well, I don't have any goals
that are specifically money related. But interestingly enough, probably a
lot of their goals have something to do with money.
So let's say their goal is to is to work
(02:31):
part time instead of working full time, or they want
to take a couple more sweet family vacations together or
something like that. Well, those goals are going to involve
money as well, so you don't want to go into
debt for those goals that you have. So I think
it's really important to kind of think through what goals
you have and think through how money is going to
influence those goals, whether they are again specifically money related
(02:55):
in nature or not. Because money impacts almost everything we do.
Speaker 1 (03:00):
Okay, now I don't I don't mean to be facetious,
but is it difficult to determine whether your goal has
a financial aspect to it or do you just have
to just take the take the ten seconds to think
about it.
Speaker 2 (03:14):
Yeah? I think you just have to think a minute
to think about it. I mean, because even something as
simple as let's say, hey, I want to run my
first half marathon this year, Well, that probably means you're
going to have to have you don't have to have
the time to train. You're probably also going to have
to buy more running shoes. Right, so you want to
like think through how much it doesn't have to cost
as much as you think it does. There's some people
(03:35):
out there, let's say you start following some running influencers.
They're going to be selling you on all the gear
and stuff like that that you need. But you'll probably
quickly realize just a little bit of time and a
decent pair of running shoes that I can replace every
few months as they wear out, Like, that's going to
be enough for me. But does that mean reduced work hours?
Does that mean waking up earlier? Does what does that mean?
(03:56):
But like, determining the financial impact of those goals I
think is really important. And then I think when it
comes to the goal, it's so important to back out
our bigger goals into more bite sized ones. So let's
say your goal is to increase your emergency fund, which
is a really good one. Well, then where are you
going to start? Right? I love that goal of having
(04:18):
more money in your efund and kind of having more
money in savings to kind of alleviate some of that
stress and money anxiety, But where does the money come from?
And so then it's important to do a little bit
of due diligence and say, well, where am I spending
my money now? And maybe where are the couple of
line items in my budget where I tend to overdo it?
And then say Okay, Oh wait, eating out is one
(04:39):
of those things for me. It probably is for a
lot of Americans, right where you're like find yourself end
of a busy day with planning on making a meal
and then ah, crap, I'm gonna I'm gonna order out instead,
and that could be a budget buster because it's so
much more expensive. Right, So then how do you avoid
those impulse eating out there and you kind of like
incorporate strategies to help you. Maybe that's bad cooking meals
(05:01):
on Sundays, or maybe that is having always having a
frozen food from Costco or the grocery store, Trader Joe's,
whatever in your freezer so that you can pop it
in instead of ordering out. You've got to have some sort
of like, uh, you got to think through the whole process,
or it's going to be really hard to actually achieve
that goal. You've got to break it up, I think,
into more micro goals in order to make the big
(05:23):
goal happen.
Speaker 1 (05:24):
All right, Can I take just a quick tangent with
a question about emergency funds?
Speaker 2 (05:31):
Yeah, for sure.
Speaker 1 (05:33):
Okay, is there a formula of some kind that one
should use to determine how much of an emergency fund
they should have.
Speaker 2 (05:41):
Ooh, yes, there is. There is. And so, by the way,
for people out there listening, we have on how to
money dot com. There's this thing. There's this button you
can click called it says start here, and there's a
formula we've kind of come up with called the seven
money Gears, and we want people to go in order.
So if you're also saying, well, what should my next
financial goal be, Well, if you go to the money
gears and you say, oh, wait, looks like I'm on
(06:03):
money gear number three, well then money gear number four
is the next place to start. But when you look
at the money gears, the very first one is to
save a really basic emergency fund. And what I suggest
is to save up twenty four hundred and sixty seven
dollars specifically. And that's because I think a specific number
(06:24):
it helps stick in your brain. Right if it's like
out twenty five hundred, that's a rough number twenty four
hundred and sixty seven dollars, highly specific, but it's also
based on findings from economists, right that this is the
baseline that will help you get through most emergencies in
your life, whether it's some sort of car malfunction or
whatever whatever it might be, whatever emergency might pop up,
(06:44):
this is going to help you get through that without
going into credit card debt. But then after that, when
it comes to funding your emergency fund more fully, the
recommendation is typically three to six months worth of living
expenses that you want to save up. And that sounds
like a lot, and it is a lot. And I
realized that people there's some people listening who say, how
am I going to save up six months worth of expenses?
(07:07):
That's going to take me years. And I think it
has to be a combo of reducing some of your
living expenses, being intentional about that, but and and realizing
that it is going to take some time, and you
also might not need six months. Let's say you have
two incomes in your household. Let's say you have like
you're not self employed or something like that. If you're
self employed, you probably want to have a higher amount
(07:29):
of living expenses because your income is more variable, so
so much depends on some of the particulars of how
your family is set up. And if you've got just
one income though, and uh, you're going to want to
be probably even more intentional about about saving up even more.
Especially let's say your job is a little more you
(07:49):
know you could if you're more likely to lose that
job because of industry fluctuations or something like that, then
you're going to want to be even more considered about
how much money you're stocking away in savings.
Speaker 1 (08:00):
And one way to help free up some money to
build up the emergency fund is to find things to
do that are fun but also free. So Joel free
ways to have fun. This is coming up because we
were talking about one goal for twenty twenty five might
(08:21):
be to start or increase your emergency fund. Probably you're
gonna have to save somewhere else, maybe you can save
on having fun in your life. So what are some
ways to have fun that aren't gonna break my wallet
or even make me get my wallet out?
Speaker 2 (08:36):
Yeah, just before we get to that, one thing I'd
love for people to start on is think about what
are ways that I can save on reoccurring bills. And
some of that might be just literally eliminating things that
we're spending money on that we're not getting value from,
whether that is streaming services or something bigger than that,
or can we cut a recurring bill and not actually
lose out on a service that we enjoy. So, whether
(08:59):
that's just negotiating your internet bill because it went up
to seventy bucks a month and guess what you could
get it now for forty five or fifty if you
just make the call, Or whether that is like switching
to a different cell phone service provider and going from
fifty bucks a month to twenty bucks a month, Like,
those are literal things you can do to save a
lot of money. So that's one place I would start.
I feel like those that's low hanging fruit for a
(09:20):
lot of people, and don't shake those things off because
think about if you save thirty bucks a month, that's
three hundred and sixty bucks a year on just one thing,
one bill, right, And so if you do that, you
have the ability to then spend that money in other
ways that you deem more important. And then on top
(09:41):
of that, when it comes to saving money on free things,
I think instead of paying maybe for we think of
like going out to drinks with our friends, Like that's
going to be fifteen bucks a cocktail or something like
that plus tip, and that's how we go out and
have fun. These days, Well, there's so many ways to
do to hang out with friends. I'll spend a time
and let's say like board game night. There was an
(10:03):
article in the New York Times about how that's kind
of coming back, and I love that. I love that
because board games are super fun. You pay thirty bucks
one time for Settlers of Catan or something like that,
which is a super fun game, takes sometimes hour and
a half plus to play. It gets you together with
your friends hanging out, and guess what, you can make
far cheaper drinks at home. So there are a million
ways to enjoy free hangouts and do it with other
(10:26):
people in ways that don't have to cost a lot
of money.
Speaker 1 (10:30):
Well, now, I mean basically you just opened the door
to you know, get your friends together and play games. Right,
go make well. But I'm saying get your friends together
and make I don't know why this comes to minus
the first thing, make shrinky dings. Do you know what
(10:50):
shrinky dings are?
Speaker 2 (10:52):
No?
Speaker 1 (10:53):
Okay, well, just so you don't think it's something hinky,
shrinky dings. I don't know. Maybe they still make them.
It was a thing for kids, a sheet of material
that you would draw on and color and then you
put it in the oven on low heat, and it
would it would shrink and become and the colors would
intensify and you could make like a key fub or
(11:16):
a little whatever. It was like a craft thing.
Speaker 3 (11:18):
I should have just get.
Speaker 1 (11:19):
Together, and I should have just said get together and
do crafts, and then we wouldn't have had to go
down this road. But you could all get together, Let's
do crafts. Let's get together if you have friends who
are so inclined and have like a book reading night
where everybody's together and we're reading books. So, in other words,
there's a ton of things you can do once you
(11:40):
have assembled some friends in a home that aren't going
to cost a bunch of money.
Speaker 2 (11:46):
What you're making me think of right now, too, is
post Christmas. Even though my three kids got some toys,
they got some fun stuff, they really enjoyed some legos
to put together all that kind of stuff. The thing
that they surprisingly played with more than anything else was
the box from the Wet Dry Back that I got
for Christmas. And how much fun they had with just
a box. And I think we think it's adorable when
(12:09):
it's kids, and you're also kind of like, ah, it's
amazing that they like a box just as much as
they like the potentially expensive toys that they got for Christmas.
But we can be the very same and I think
we assume that we need to spend a decent chunk
of money in order to have a good time, And
the truth is that the good time comes from being
(12:30):
with the people that we care about and the along.
I was baking bread with a friend last night, Like,
that's a really inexpensive thing to do together, but it
was a lot of fun. We talked the whole time.
We had an activity to do together, or going for
a hike, I mean that presents something similar, getting out
in nature. I mean, these are really inexpensive things and
it really doesn't cost that much to enjoy your life.
(12:52):
And I think just being cognizant of that, if cutting
down on you're eating out budget, or if trying to
rein in some of that spending is top priority, a
little brainstorming and a little creativity goes a long way.
Speaker 1 (13:05):
All right, very good. I mean, I feel like I'm
not trying to hand out homework or anything, but I
feel like this would be such a great topic for
somebody who had a personal finance show, or maybe somebody
who has a blog or some kind of a website
a personal finance so like a write up a thing
that's a good Along those lines, let's finish with this.
(13:26):
One thing that is so helpful if you're trying to
deal with your finances is having access to financial advice.
And you don't I think this is true. Now, you
don't have to be richie rich to get some access
to decent financial advice. But how.
Speaker 2 (13:46):
Yes, that's a good question, and you're right, Like, for
a long time, I don't think like everyone out there
who's trying to get better with their money needs to
enlist the services of a financial advisor. And the traditional
business model has been and to tell us how unable
we are to handle our own personal finances and to
do so effectively, and so you have to pay somebody
(14:08):
big bucks to do it for you. And I just
don't think that's true. And I think there's just a
little bit of DIY research with the right tools can
go a long way. So maybe part of your strategy
to get better with money this year should be to
listen to the How To Money Show, but maybe also
pick up a book on personal finance, like get a
couple of points of trusted information, that can kind of
(14:31):
help you learn the lingo and figure out what you're doing.
It's not rocket science, but if you feel like you
need the help of a professional, fortunately the prices have
gone down significantly. If you know where to look, and
I've got just a couple of things that I feel
like are worth mentioning, there's a site called Hello neckteren
and you can literally pay instead of the traditional business
(14:53):
model was they're going to charge you one percent of
your assets that they have under management, and that can
get really really expensive, really quick. But if you're just
paying for hourly advice, kind of in the way we
pay for almost everything else in this life, right where
it's like how much do you charge an hour, let
me pay you that one hundred and fifty bucks an
hour to get advice. If you've got questions about your money,
(15:13):
instead of having that person do everything for you, they
can kind of help give you the advice you need
based on the questions that you have and based on
kind of where things stand with your finances currently. I
like that as a way to go if you feel
like you need maybe like more comprehensive help. There's a
cool site called domain money, and they believe their services
(15:33):
started like twenty five hundred dollars, and you can even
do like a free intro call, but that is like
a more Hey, I'm going to look at your overall
financial situation, load everything up into this app, and I
am going to essentially build a roadmap for you and
for your money future and give you a list of
takeaways of things you need to do. So again, they're
not managing everything for you, but they're taking a deep
(15:55):
dive into what's going on with your finances and then
giving you a plan that's specifically tailored to you. So
I like both of those services depending on what you need.
And the other thing is way that people might say,
I'm in tons of debt and I just need some
help to figure out how to get out of it. Well,
there are free nonprofits out there who will help you,
like Money Management International if you go to their website.
(16:15):
There are a lot of for profit companies that I
don't trust nearly as much. You got to watch out
for those. But if you go to the nonprofits like
Money Management International, they can help you build a debt
management plan. So if you're in debt up to your
eyeballs or you feel overwhelmed, by your debt. That's the
place I would send you instead of a financial advisor.
That's where you need to go.
Speaker 1 (16:33):
All right, that all sounds great, Joel. Wonderful to talk
with you. Well hear you. Sunday's noon to two right
here on KFI with how to Money.
Speaker 2 (16:43):
Take care here having me Wayne always good to be
with you.
Speaker 1 (16:47):
And some developments in the two terrorist attacks, one in
New Orleans, one in Las Vegas, one a man driving
a vehicle through a crowd of Pea people, the other
a rented Tesla cybertruck being blown up. And this first part.
(17:10):
I always believe if if I tell you upfront the
nature of the evidence, then it's okay to talk about
things that haven't been fully fleshed out yet. And that's
the case with the first new kind of angle here.
(17:31):
The authorities have been investigating any possible connections between the
New Orleans incident and the Las Vegas incident. And one
of the things that has been established is both of
the perpetrators rented the vehicles that they used through the
same app, which is called Turo. And it's kind of
(17:52):
like Airbnb for renting cars, because you're not renting a
car from a car rental company. You're renting a car
from an individual who rents either the car they actually
use who rents it to you, or a car that
they have acquired to be used in this. At that point,
it's kind of a small car rental business that they're
(18:13):
running with them in one car, So that's not a
super common app. I had never heard of it before.
And the fact that they both used the same app
to rent vehicles that they intended to use in an
attack is interesting at least. But there's more. They both
have a history in the military. The New Orleans perpetrator
(18:37):
served in the military for about ten years or so
and served a year or so in Afghanistan, and the
Las Vegas perpetrator was on active duty stationed in Germany apparently,
but was on leave at home in Colorado when he
rented the cyber truck and drove it to Los Vegas
(19:01):
and filled it with fireworks and some gasoline, and you know,
it exploded and he died. And both of the perpetrators
are dead. Now. A lot of the information that's coming
out are coming out from people in law enforcement who
are not directly involved in these investigations, but they are
(19:23):
getting briefed by the people who are directly involved in
these investigations. And I say that so when I tell
you now what some authorities are reporting that, you know
that some of this is coming from people who aren't
themselves actively in the actual investigations, but they are getting
(19:45):
information from people who are. And there is a report
out now Denver seven. The station there has an investigative
unit and they got information from such a person that
both of these perpetrators served at the same military base,
(20:05):
Fort Bragg, and also both of them served time in
Afghanistan around the same time. Does around the same time
mean at the same time were they at Fort Bragg
at the same time? I don't know. I'm not sure
(20:28):
who knows yet. Obviously, though, that is going to come
out because that is something that can be determined, and
you know that the people actively investigating it, from the
FBI in particular, that's they're going after that information right now.
So let us for a moment speculate a little bit
(20:49):
that if it turns out that they were both at
Fort Bragg at the same time, and they were both
in Afghanistan at the same time, it would not be
a stre that they knew each other or had some
kind of interactions. But the fact is you do have
these threads now where two people military backgrounds, both who
(21:13):
served at Fort Bragg, both who served in Afghanistan, and
both who rented their cars through this app that is
not a super common thing. Creates a lot of avenues
for further investigation about whether there may have been some
communication or coordination of these attacks. And that's all I'm
(21:33):
telling you is avenues have been opened to be investigated
in that regard. Now, another aspect of the thing that
is there's no speculation involved at all, is that there's
an outcry in New Orleans about why there were no
security barriers in the French Quarter on New Year's Eve,
(21:55):
and it turns out that there normally are. And after
I don't know if you remember, but there was an
attack in France in twenty sixteen a truck went through
a crowd of people, killed over eighty people. And after
that happened, places all over the world started thinking about
where they should put barriers in place to protect pedestrians,
(22:18):
and New Orleans was one of them, and they did
design and put these ballards onto the streets, and then
later they decided to upgrade those barrier systems, and they
were in the process of replacing the barriers when this
(22:41):
event happened on New Year's Eve. So some places did
have new barriers, but other places the old really strong
barriers had been removed as part of the process of
replacing them, and instead of strong steel barriers or something
like that, they just had things like orange traffic cones.
(23:04):
So the question of how could the perpetrator have gotten
his car in there? That's why it just so happened
to be in the middle of this project that was
not completed. And they've designed these new there I think
stainless steel bollards that can be bolted into the ground
but also can be removed if you need to remove them,
(23:26):
and there was a lot of talk about, you know,
they should have finished that project sooner. The project to
replace them with upgraded barriers is because New Orleans is
going to be hosting the Super Bowl in I think
it's twenty twenty six. Don't get mad at me if
it's not the twenty twenty sixth Super Bowl, but you know,
they have a Super Bowl hosting coming up, and that's
(23:47):
what they were thinking about, and they let they let
some of those areas not have proper barrier protection on
New Year's even the French Quarter. They could not have
anticipated there's something like this would happen. And I am
joined and we are always joined on this show at
this time every Thursday by Moe Kelly, the host of
(24:09):
Later with Mo Kelly seven to ten pm Monday through Friday,
right here on KFI, my former weekend talk show host,
the Brother in Arms, as we had two adjacent shows
on the weekend for a lot of years.
Speaker 3 (24:24):
Hey, mo Wayne, I love you. I can't believe that
you're leaving us. I cannot believe it.
Speaker 1 (24:31):
Well, it's time I am retiring. Look last year, at
this time last year, at this time, I retired from
full time, being full time on the morning show to
being part time. And now a year later, I realized
that that's the direction that I want to be going.
Speaker 3 (24:50):
It's still hurts.
Speaker 2 (24:51):
Thank you.
Speaker 1 (24:51):
I love you too. Well, look, I'm not dying. And
you know, Handle's already said, well once in a while,
if there's a big criminal case or something, would you
come on. So I mean, you know, maybe I'll pop
up against here and there, but I don't. I don't
want to have a job anymore.
Speaker 3 (25:11):
Well, I cannot be mad at you for that. Just
know that you will be missed and you are loved.
Speaker 1 (25:17):
You are a sweet man. I love you. We had
many good times on the weekends. It was wonderful. Now
will next year be wonderful for Hollywood? Twenty twenty four
box office was down. Is that accurate?
Speaker 3 (25:33):
It's down compared to twenty twenty three. If I remember
off the top of my head, twenty twenty three did
about seven point nine excuse me, like nine point seven billion,
and twenty twenty four did like eight point six billion,
not remarkably less, but still less than last year. And
the box office still hasn't returned to pre pandemic levels
that it probably never will.
Speaker 1 (25:55):
Do you want to talk for a minute about the
factors why it never will?
Speaker 3 (25:59):
Yeah? Yes, the theater chains are closing. They're being absorbed
by the bigger chains like AMC. The mom and pop
theaters cannot stay open and make a long story short,
movies are not staying in theaters as long as they
used to, so they may be in theaters but only
for a week or two and then they go straight
to streaming. And also people are not going to the
movie theaters as often. Yes, we may go for the
(26:21):
blockbuster during summer. We may see it once, but we
don't see it multiple times. And movie theaters are trying
to stay open Monday through Sunday, so they need butts
and seats all week long, and that is less and
less part of our regular routine.
Speaker 1 (26:36):
Has there ever been uh, because I've never seen any
let's say, articles about it. Has there ever been any
serious discussion in the theater industry of not being open
every day?
Speaker 3 (26:51):
Yes? Yes, and you are seeing more and more theaters,
especially non major chain theaters may only be open let's
say Thursday to Sunday. Well, they may be Tuesday through Saturday.
They're not going to be open all the time because
they still need someone to tear the tickets, to work
the concession and so forth, keep the lights on. There
are overhead costs in running a physical movie theater, or
(27:15):
you will see theaters just showing one or two movies
and it's only major blockbusters as opposed to having seven
or eight movies which they're having to pay for and
share profits with.
Speaker 1 (27:27):
I can't imagine. Why is it that for so long?
And maybe this is just the major change that are
doing this for so long, they've been operating seven days
a week, showings all through the day. Many, many screenings
at movie theaters, particularly during the week, has two, five
eight people in them, and they keep doing it. They've
(27:48):
been doing it for decades.
Speaker 3 (27:50):
Why I can tell you for a fact that movies now,
I can look at a movie that come to or
trailer or say it's going to be in theaters this Friday,
I know that in two and a half weeks can
rent it or download it at home. It may be
for like twenty nine to ninety nine, but still that
for me fits my schedule and fits other people's schedule.
I'm willing to wait. And since movies I think, by
(28:11):
and large are not as good as let's say, five
ten years ago, people are more willing to wait. Name
a big movie Wicked is, for example, is already available
on streaming. You know, it's a wonderful movie, and it's
a big event, tent pole movie. But people know that
if they miss it in theaters, it's okay. It'll eventually
be on streaming sooner than later.
Speaker 1 (28:32):
So why don't they just look at their their numbers
and just not I guess you gotta have the building
and you gotta have the people and if you have
one auditorium that's full from a blockbuster, at that point,
it doesn't really cost you much extra to run other
movies in the smaller auditoriums. Is that why they still
(28:53):
run with screenings that only have a handful of people
in them, because that part of it isn't really costing
them anything.
Speaker 3 (29:00):
I wouldn't say this, say that this is more anecdotal,
but I was speaking to Tula about this last week,
and he was trying to go to a movie of
certain screens of movies and if they're not a certain
amount of people, they will cancel the screening and refund
your money. So movie theaters are pulling back from having
these extra screening theaters of movies where there's not adequate attendance.
Speaker 1 (29:23):
Oh, so they are already moving. I just haven't heard
about any of this. I just I confess my ignorance.
And so you're saying the kinds of things I'm thinking
about are already happening.
Speaker 3 (29:34):
They are happening in real time. They are canceling screenings
of movies that are not well attended.
Speaker 1 (29:39):
Wow, that would make me very angry. I just want
you to know I don't know why I'm warning you
you're not running a theater. But if I bought a
ticket for a movie and I probably bought it at
a low attendance time on purpose, and I showed up
and they said we're not showing it because they're not
enough tickets, I would not like that I brought.
Speaker 3 (30:00):
It also speaks to what movies are being produced now,
because they're done in anticipation of movie theaters, not necessarily
keeping them in theaters very long or having a lot
of screening. So that's why I believe we're seeing mostly sequels, reboots,
and remakes because there's a built in audience and they
know they'll probably come out in the first one or
two weeks, as opposed to relying on word of mouth
(30:22):
to build up an audience.
Speaker 1 (30:25):
Well, now it's all pre word of mouth, you know
what I'm saying. Like the hype, especially for these ten
poles and everything, the hype starts months in advance, and
when you get about within two weeks of opening, you
cannot escape coverage and discussion of Like when this Last
Mission Impossible movie comes out next year, I assume that
(30:48):
media is going to be saturated with stuff about it before,
so word of mouth is almost happening before the thing
even opens. I guess it's a different word of mouth.
You're talking about a movie that not necessarily a lot
of people know about, but some people go see it
and they tell people, Oh, this is really good, but
it seems like anything really viable. There's everybody already knows
(31:10):
that it's there, Isn't that right? Yeah?
Speaker 3 (31:12):
There are two types of word of mouth. There's awareness
and there's also awareness which moves us to action. We
all know about the Last the Final Mission Impossible movie,
but if you look at the box office, it's been
in law of diminishing returns, where each successive movie seems
like it doesn't have the same type of appeal or attraction,
and the box office receipts have been consistent with that.
(31:32):
So we're aware of it. But are we going to
go out and see it? Are we going to have
to be there in theaters first week or are you
gonna wait to see it like me in week four
on streaming?
Speaker 1 (31:41):
Yeah? Probably the latter is kind of my move too.
Is there anything let's leave with this so twenty twenty five,
is there anything coming out that you are actually authentically
excited to see?
Speaker 3 (31:57):
Yes, the accountant too. This is a sequel to the
twenty sixteen movie with Ben Affleck, where he plays a
neuro divergent accountant for the mob, but he's also a
trained killer. It is a great movie. It was under
the radar, but it had this ground swell of support.
It became a cult classic. And now some nine years
(32:18):
later they're doing a sequel to the movie with Ben Affleck.
I can't wait. That's in April, April twenty fifth. Wow.
Speaker 1 (32:25):
All right then, most so wonderful to talk with you.
Speaker 3 (32:29):
Man. I need to just you know, to hug you
one more time. This can't be happening.
Speaker 1 (32:34):
Well, well that we can make happen. And also look
your numbers in my phone, my numbers in your phone.
So it's not like I'm disappearing off the face of
the earth at all. No. But you know, also, also
who's gonna you know, I need I still need some
people who are there to get the gossip, all the romance,
all the romances, and you know, I need to know romances.
(32:56):
Can Peyton plate the Peyton place of that place? Wait,
I know we'll talk. We'll talk, Rander Alison. All right, man,
there he goes Moe Kelly seven to ten pm Monday
through Friday with his show later with Mo Kelly. I
will be back tomorrow for one more show hosting before retirement.
This is KFI AM six forty Live everywhere on the
(33:18):
iHeartRadio app.
Speaker 3 (33:19):
You've been listening to the Bill Handle Show.
Speaker 1 (33:21):
Catch my show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
You're listening to Bill Handle on demand from KFI AM
six forty KFI AM six forty live everywhere on the
iHeartRadio app. It is the Bill Handles Show. He's back
from vacation on Monday. Some of the stories we're watching
for you at KFI Power is back to almost every
customer across Puerto Rico after a major blackout that started
(00:23):
on New Year's Eve. They're going to experience some rotating
temporary power outages over the next week, but they need
to do that so they can completely fix this major
transmission line that failed and caused the big blackout in
the first place. The Sugar Bowl, which was going to
(00:46):
be played yesterday, was postponed in light of what happened
in New Orleans, so it will be today kick off
at four pm. Georgia and Notre Dame will vie for
a big bowl of sugar. All right, Very happy to
bring on board. Joel Larsgard. He is the host of
(01:07):
How to Money here on KFI Sundays from noon to
two and is on social media at how to Money. Joel.
Speaker 2 (01:15):
Good morning, sir, Good morning Wayne. How are you.
Speaker 1 (01:19):
I'm great?
Speaker 2 (01:20):
What about you doing fantastic? Having a good start to
the new year.
Speaker 1 (01:25):
All right, Well, let's help people get a fantastic start
to the new year. As to their personal finance, I
would imagine a guy like you has some tips, some tricks,
some things to consider. So let's say I know nothing,
which is not we're not pretending now I know nothing.
(01:45):
Where should I start?
Speaker 2 (01:47):
Oh? Man, this is such a good question. And I
do think that people have all sorts of goals right
that they've been formulating over the past few days, maybe
the past few weeks, things they want to in twenty
twenty five. And some of those goals are specific specifically
money related. There might be some people out there who say,
I want to start investing, or I want to increase
(02:09):
my net worth, or I want to have more savings
on hand, or I want to pay off my credit
card debt, and all those are admirable and good goals.
And then there are other people who say, who are listening,
and they might say, well, I don't have any goals
that are specifically money related. But interestingly enough, probably a
lot of their goals have something to do with money.
So let's say their goal is to is to work
(02:31):
part time instead of working full time, or they want
to take a couple more sweet family vacations together or
something like that. Well, those goals are going to involve
money as well, so you don't want to go into
debt for those goals that you have. So I think
it's really important to kind of think through what goals
you have and think through how money is going to
influence those goals, whether they are again specifically money related
(02:55):
in nature or not. Because money impacts almost everything we do.
Speaker 1 (03:00):
Okay, now I don't I don't mean to be facetious,
but is it difficult to determine whether your goal has
a financial aspect to it or do you just have
to just take the take the ten seconds to think
about it.
Speaker 2 (03:14):
Yeah? I think you just have to think a minute
to think about it. I mean, because even something as
simple as let's say, hey, I want to run my
first half marathon this year, Well, that probably means you're
going to have to have you don't have to have
the time to train. You're probably also going to have
to buy more running shoes. Right, so you want to
like think through how much it doesn't have to cost
as much as you think it does. There's some people
(03:35):
out there, let's say you start following some running influencers.
They're going to be selling you on all the gear
and stuff like that that you need. But you'll probably
quickly realize just a little bit of time and a
decent pair of running shoes that I can replace every
few months as they wear out, Like, that's going to
be enough for me. But does that mean reduced work hours?
Does that mean waking up earlier? Does what does that mean?
(03:56):
But like, determining the financial impact of those goals I
think is really important. And then I think when it
comes to the goal, it's so important to back out
our bigger goals into more bite sized ones. So let's
say your goal is to increase your emergency fund, which
is a really good one. Well, then where are you
going to start? Right? I love that goal of having
(04:18):
more money in your efund and kind of having more
money in savings to kind of alleviate some of that
stress and money anxiety, But where does the money come from?
And so then it's important to do a little bit
of due diligence and say, well, where am I spending
my money now? And maybe where are the couple of
line items in my budget where I tend to overdo it?
And then say Okay, Oh wait, eating out is one
(04:39):
of those things for me. It probably is for a
lot of Americans, right where you're like find yourself end
of a busy day with planning on making a meal
and then ah, crap, I'm gonna I'm gonna order out instead,
and that could be a budget buster because it's so
much more expensive. Right, So then how do you avoid
those impulse eating out there and you kind of like
incorporate strategies to help you. Maybe that's bad cooking meals
(05:01):
on Sundays, or maybe that is having always having a
frozen food from Costco or the grocery store, Trader Joe's,
whatever in your freezer so that you can pop it
in instead of ordering out. You've got to have some sort
of like, uh, you got to think through the whole process,
or it's going to be really hard to actually achieve
that goal. You've got to break it up, I think,
into more micro goals in order to make the big
(05:23):
goal happen.
Speaker 1 (05:24):
All right, Can I take just a quick tangent with
a question about emergency funds?
Speaker 2 (05:31):
Yeah, for sure.
Speaker 1 (05:33):
Okay, is there a formula of some kind that one
should use to determine how much of an emergency fund
they should have.
Speaker 2 (05:41):
Ooh, yes, there is. There is. And so, by the way,
for people out there listening, we have on how to
money dot com. There's this thing. There's this button you
can click called it says start here, and there's a
formula we've kind of come up with called the seven
money Gears, and we want people to go in order.
So if you're also saying, well, what should my next
financial goal be, Well, if you go to the money
gears and you say, oh, wait, looks like I'm on
(06:03):
money gear number three, well then money gear number four
is the next place to start. But when you look
at the money gears, the very first one is to
save a really basic emergency fund. And what I suggest
is to save up twenty four hundred and sixty seven
dollars specifically. And that's because I think a specific number
(06:24):
it helps stick in your brain. Right if it's like
out twenty five hundred, that's a rough number twenty four
hundred and sixty seven dollars, highly specific, but it's also
based on findings from economists, right that this is the
baseline that will help you get through most emergencies in
your life, whether it's some sort of car malfunction or
whatever whatever it might be, whatever emergency might pop up,
(06:44):
this is going to help you get through that without
going into credit card debt. But then after that, when
it comes to funding your emergency fund more fully, the
recommendation is typically three to six months worth of living
expenses that you want to save up. And that sounds
like a lot, and it is a lot. And I
realized that people there's some people listening who say, how
am I going to save up six months worth of expenses?
(07:07):
That's going to take me years. And I think it
has to be a combo of reducing some of your
living expenses, being intentional about that, but and and realizing
that it is going to take some time, and you
also might not need six months. Let's say you have
two incomes in your household. Let's say you have like
you're not self employed or something like that. If you're
self employed, you probably want to have a higher amount
(07:29):
of living expenses because your income is more variable, so
so much depends on some of the particulars of how
your family is set up. And if you've got just
one income though, and uh, you're going to want to
be probably even more intentional about about saving up even more.
Especially let's say your job is a little more you
(07:49):
know you could if you're more likely to lose that
job because of industry fluctuations or something like that, then
you're going to want to be even more considered about
how much money you're stocking away in savings.
Speaker 1 (08:00):
And one way to help free up some money to
build up the emergency fund is to find things to
do that are fun but also free. So Joel free
ways to have fun. This is coming up because we
were talking about one goal for twenty twenty five might
(08:21):
be to start or increase your emergency fund. Probably you're
gonna have to save somewhere else, maybe you can save
on having fun in your life. So what are some
ways to have fun that aren't gonna break my wallet
or even make me get my wallet out?
Speaker 2 (08:36):
Yeah, just before we get to that, one thing I'd
love for people to start on is think about what
are ways that I can save on reoccurring bills. And
some of that might be just literally eliminating things that
we're spending money on that we're not getting value from,
whether that is streaming services or something bigger than that,
or can we cut a recurring bill and not actually
lose out on a service that we enjoy. So, whether
(08:59):
that's just negotiating your internet bill because it went up
to seventy bucks a month and guess what you could
get it now for forty five or fifty if you
just make the call, Or whether that is like switching
to a different cell phone service provider and going from
fifty bucks a month to twenty bucks a month, Like,
those are literal things you can do to save a
lot of money. So that's one place I would start.
I feel like those that's low hanging fruit for a
(09:20):
lot of people, and don't shake those things off because
think about if you save thirty bucks a month, that's
three hundred and sixty bucks a year on just one thing,
one bill, right, And so if you do that, you
have the ability to then spend that money in other
ways that you deem more important. And then on top
(09:41):
of that, when it comes to saving money on free things,
I think instead of paying maybe for we think of
like going out to drinks with our friends, Like that's
going to be fifteen bucks a cocktail or something like
that plus tip, and that's how we go out and
have fun. These days, Well, there's so many ways to
do to hang out with friends. I'll spend a time
and let's say like board game night. There was an
(10:03):
article in the New York Times about how that's kind
of coming back, and I love that. I love that
because board games are super fun. You pay thirty bucks
one time for Settlers of Catan or something like that,
which is a super fun game, takes sometimes hour and
a half plus to play. It gets you together with
your friends hanging out, and guess what, you can make
far cheaper drinks at home. So there are a million
ways to enjoy free hangouts and do it with other
(10:26):
people in ways that don't have to cost a lot
of money.
Speaker 1 (10:30):
Well, now, I mean basically you just opened the door
to you know, get your friends together and play games. Right,
go make well. But I'm saying get your friends together
and make I don't know why this comes to minus
the first thing, make shrinky dings. Do you know what
(10:50):
shrinky dings are?
Speaker 2 (10:52):
No?
Speaker 1 (10:53):
Okay, well, just so you don't think it's something hinky,
shrinky dings. I don't know. Maybe they still make them.
It was a thing for kids, a sheet of material
that you would draw on and color and then you
put it in the oven on low heat, and it
would it would shrink and become and the colors would
intensify and you could make like a key fub or
(11:16):
a little whatever. It was like a craft thing.
Speaker 3 (11:18):
I should have just get.
Speaker 1 (11:19):
Together, and I should have just said get together and
do crafts, and then we wouldn't have had to go
down this road. But you could all get together, Let's
do crafts. Let's get together if you have friends who
are so inclined and have like a book reading night
where everybody's together and we're reading books. So, in other words,
there's a ton of things you can do once you
(11:40):
have assembled some friends in a home that aren't going
to cost a bunch of money.
Speaker 2 (11:46):
What you're making me think of right now, too, is
post Christmas. Even though my three kids got some toys,
they got some fun stuff, they really enjoyed some legos
to put together all that kind of stuff. The thing
that they surprisingly played with more than anything else was
the box from the Wet Dry Back that I got
for Christmas. And how much fun they had with just
a box. And I think we think it's adorable when
(12:09):
it's kids, and you're also kind of like, ah, it's
amazing that they like a box just as much as
they like the potentially expensive toys that they got for Christmas.
But we can be the very same and I think
we assume that we need to spend a decent chunk
of money in order to have a good time, And
the truth is that the good time comes from being
(12:30):
with the people that we care about and the along.
I was baking bread with a friend last night, Like,
that's a really inexpensive thing to do together, but it
was a lot of fun. We talked the whole time.
We had an activity to do together, or going for
a hike, I mean that presents something similar, getting out
in nature. I mean, these are really inexpensive things and
it really doesn't cost that much to enjoy your life.
(12:52):
And I think just being cognizant of that, if cutting
down on you're eating out budget, or if trying to
rein in some of that spending is top priority, a
little brainstorming and a little creativity goes a long way.
Speaker 1 (13:05):
All right, very good. I mean, I feel like I'm
not trying to hand out homework or anything, but I
feel like this would be such a great topic for
somebody who had a personal finance show, or maybe somebody
who has a blog or some kind of a website
a personal finance so like a write up a thing
that's a good Along those lines, let's finish with this.
(13:26):
One thing that is so helpful if you're trying to
deal with your finances is having access to financial advice.
And you don't I think this is true. Now, you
don't have to be richie rich to get some access
to decent financial advice. But how.
Speaker 2 (13:46):
Yes, that's a good question, and you're right, Like, for
a long time, I don't think like everyone out there
who's trying to get better with their money needs to
enlist the services of a financial advisor. And the traditional
business model has been and to tell us how unable
we are to handle our own personal finances and to
do so effectively, and so you have to pay somebody
(14:08):
big bucks to do it for you. And I just
don't think that's true. And I think there's just a
little bit of DIY research with the right tools can
go a long way. So maybe part of your strategy
to get better with money this year should be to
listen to the How To Money Show, but maybe also
pick up a book on personal finance, like get a
couple of points of trusted information, that can kind of
(14:31):
help you learn the lingo and figure out what you're doing.
It's not rocket science, but if you feel like you
need the help of a professional, fortunately the prices have
gone down significantly. If you know where to look, and
I've got just a couple of things that I feel
like are worth mentioning, there's a site called Hello neckteren
and you can literally pay instead of the traditional business
(14:53):
model was they're going to charge you one percent of
your assets that they have under management, and that can
get really really expensive, really quick. But if you're just
paying for hourly advice, kind of in the way we
pay for almost everything else in this life, right where
it's like how much do you charge an hour, let
me pay you that one hundred and fifty bucks an
hour to get advice. If you've got questions about your money,
(15:13):
instead of having that person do everything for you, they
can kind of help give you the advice you need
based on the questions that you have and based on
kind of where things stand with your finances currently. I
like that as a way to go if you feel
like you need maybe like more comprehensive help. There's a
cool site called domain money, and they believe their services
(15:33):
started like twenty five hundred dollars, and you can even
do like a free intro call, but that is like
a more Hey, I'm going to look at your overall
financial situation, load everything up into this app, and I
am going to essentially build a roadmap for you and
for your money future and give you a list of
takeaways of things you need to do. So again, they're
not managing everything for you, but they're taking a deep
(15:55):
dive into what's going on with your finances and then
giving you a plan that's specifically tailored to you. So
I like both of those services depending on what you need.
And the other thing is way that people might say,
I'm in tons of debt and I just need some
help to figure out how to get out of it. Well,
there are free nonprofits out there who will help you,
like Money Management International if you go to their website.
(16:15):
There are a lot of for profit companies that I
don't trust nearly as much. You got to watch out
for those. But if you go to the nonprofits like
Money Management International, they can help you build a debt
management plan. So if you're in debt up to your
eyeballs or you feel overwhelmed, by your debt. That's the
place I would send you instead of a financial advisor.
That's where you need to go.
Speaker 1 (16:33):
All right, that all sounds great, Joel. Wonderful to talk
with you. Well hear you. Sunday's noon to two right
here on KFI with how to Money.
Speaker 2 (16:43):
Take care here having me Wayne always good to be
with you.
Speaker 1 (16:47):
And some developments in the two terrorist attacks, one in
New Orleans, one in Las Vegas, one a man driving
a vehicle through a crowd of Pea people, the other
a rented Tesla cybertruck being blown up. And this first part.
(17:10):
I always believe if if I tell you upfront the
nature of the evidence, then it's okay to talk about
things that haven't been fully fleshed out yet. And that's
the case with the first new kind of angle here.
(17:31):
The authorities have been investigating any possible connections between the
New Orleans incident and the Las Vegas incident. And one
of the things that has been established is both of
the perpetrators rented the vehicles that they used through the
same app, which is called Turo. And it's kind of
(17:52):
like Airbnb for renting cars, because you're not renting a
car from a car rental company. You're renting a car
from an individual who rents either the car they actually
use who rents it to you, or a car that
they have acquired to be used in this. At that point,
it's kind of a small car rental business that they're
(18:13):
running with them in one car, So that's not a
super common app. I had never heard of it before.
And the fact that they both used the same app
to rent vehicles that they intended to use in an
attack is interesting at least. But there's more. They both
have a history in the military. The New Orleans perpetrator
(18:37):
served in the military for about ten years or so
and served a year or so in Afghanistan, and the
Las Vegas perpetrator was on active duty stationed in Germany apparently,
but was on leave at home in Colorado when he
rented the cyber truck and drove it to Los Vegas
(19:01):
and filled it with fireworks and some gasoline, and you know,
it exploded and he died. And both of the perpetrators
are dead. Now. A lot of the information that's coming
out are coming out from people in law enforcement who
are not directly involved in these investigations, but they are
(19:23):
getting briefed by the people who are directly involved in
these investigations. And I say that so when I tell
you now what some authorities are reporting that, you know
that some of this is coming from people who aren't
themselves actively in the actual investigations, but they are getting
(19:45):
information from people who are. And there is a report
out now Denver seven. The station there has an investigative
unit and they got information from such a person that
both of these perpetrators served at the same military base,
(20:05):
Fort Bragg, and also both of them served time in
Afghanistan around the same time. Does around the same time
mean at the same time were they at Fort Bragg
at the same time? I don't know. I'm not sure
(20:28):
who knows yet. Obviously, though, that is going to come
out because that is something that can be determined, and
you know that the people actively investigating it, from the
FBI in particular, that's they're going after that information right now.
So let us for a moment speculate a little bit
(20:49):
that if it turns out that they were both at
Fort Bragg at the same time, and they were both
in Afghanistan at the same time, it would not be
a stre that they knew each other or had some
kind of interactions. But the fact is you do have
these threads now where two people military backgrounds, both who
(21:13):
served at Fort Bragg, both who served in Afghanistan, and
both who rented their cars through this app that is
not a super common thing. Creates a lot of avenues
for further investigation about whether there may have been some
communication or coordination of these attacks. And that's all I'm
(21:33):
telling you is avenues have been opened to be investigated
in that regard. Now, another aspect of the thing that
is there's no speculation involved at all, is that there's
an outcry in New Orleans about why there were no
security barriers in the French Quarter on New Year's Eve,
(21:55):
and it turns out that there normally are. And after
I don't know if you remember, but there was an
attack in France in twenty sixteen a truck went through
a crowd of people, killed over eighty people. And after
that happened, places all over the world started thinking about
where they should put barriers in place to protect pedestrians,
(22:18):
and New Orleans was one of them, and they did
design and put these ballards onto the streets, and then
later they decided to upgrade those barrier systems, and they
were in the process of replacing the barriers when this
(22:41):
event happened on New Year's Eve. So some places did
have new barriers, but other places the old really strong
barriers had been removed as part of the process of
replacing them, and instead of strong steel barriers or something
like that, they just had things like orange traffic cones.
(23:04):
So the question of how could the perpetrator have gotten
his car in there? That's why it just so happened
to be in the middle of this project that was
not completed. And they've designed these new there I think
stainless steel bollards that can be bolted into the ground
but also can be removed if you need to remove them,
(23:26):
and there was a lot of talk about, you know,
they should have finished that project sooner. The project to
replace them with upgraded barriers is because New Orleans is
going to be hosting the Super Bowl in I think
it's twenty twenty six. Don't get mad at me if
it's not the twenty twenty sixth Super Bowl, but you know,
they have a Super Bowl hosting coming up, and that's
(23:47):
what they were thinking about, and they let they let
some of those areas not have proper barrier protection on
New Year's even the French Quarter. They could not have
anticipated there's something like this would happen. And I am
joined and we are always joined on this show at
this time every Thursday by Moe Kelly, the host of
(24:09):
Later with Mo Kelly seven to ten pm Monday through Friday,
right here on KFI, my former weekend talk show host,
the Brother in Arms, as we had two adjacent shows
on the weekend for a lot of years.
Speaker 3 (24:24):
Hey, mo Wayne, I love you. I can't believe that
you're leaving us. I cannot believe it.
Speaker 1 (24:31):
Well, it's time I am retiring. Look last year, at
this time last year, at this time, I retired from
full time, being full time on the morning show to
being part time. And now a year later, I realized
that that's the direction that I want to be going.
Speaker 3 (24:50):
It's still hurts.
Speaker 2 (24:51):
Thank you.
Speaker 1 (24:51):
I love you too. Well, look, I'm not dying. And
you know, Handle's already said, well once in a while,
if there's a big criminal case or something, would you
come on. So I mean, you know, maybe I'll pop
up against here and there, but I don't. I don't
want to have a job anymore.
Speaker 3 (25:11):
Well, I cannot be mad at you for that. Just
know that you will be missed and you are loved.
Speaker 1 (25:17):
You are a sweet man. I love you. We had
many good times on the weekends. It was wonderful. Now
will next year be wonderful for Hollywood? Twenty twenty four
box office was down. Is that accurate?
Speaker 3 (25:33):
It's down compared to twenty twenty three. If I remember
off the top of my head, twenty twenty three did
about seven point nine excuse me, like nine point seven billion,
and twenty twenty four did like eight point six billion,
not remarkably less, but still less than last year. And
the box office still hasn't returned to pre pandemic levels
that it probably never will.
Speaker 1 (25:55):
Do you want to talk for a minute about the
factors why it never will?
Speaker 3 (25:59):
Yeah? Yes, the theater chains are closing. They're being absorbed
by the bigger chains like AMC. The mom and pop
theaters cannot stay open and make a long story short,
movies are not staying in theaters as long as they
used to, so they may be in theaters but only
for a week or two and then they go straight
to streaming. And also people are not going to the
movie theaters as often. Yes, we may go for the
(26:21):
blockbuster during summer. We may see it once, but we
don't see it multiple times. And movie theaters are trying
to stay open Monday through Sunday, so they need butts
and seats all week long, and that is less and
less part of our regular routine.
Speaker 1 (26:36):
Has there ever been uh, because I've never seen any
let's say, articles about it. Has there ever been any
serious discussion in the theater industry of not being open
every day?
Speaker 3 (26:51):
Yes? Yes, and you are seeing more and more theaters,
especially non major chain theaters may only be open let's
say Thursday to Sunday. Well, they may be Tuesday through Saturday.
They're not going to be open all the time because
they still need someone to tear the tickets, to work
the concession and so forth, keep the lights on. There
are overhead costs in running a physical movie theater, or
(27:15):
you will see theaters just showing one or two movies
and it's only major blockbusters as opposed to having seven
or eight movies which they're having to pay for and
share profits with.
Speaker 1 (27:27):
I can't imagine. Why is it that for so long?
And maybe this is just the major change that are
doing this for so long, they've been operating seven days
a week, showings all through the day. Many, many screenings
at movie theaters, particularly during the week, has two, five
eight people in them, and they keep doing it. They've
(27:48):
been doing it for decades.
Speaker 3 (27:50):
Why I can tell you for a fact that movies now,
I can look at a movie that come to or
trailer or say it's going to be in theaters this Friday,
I know that in two and a half weeks can
rent it or download it at home. It may be
for like twenty nine to ninety nine, but still that
for me fits my schedule and fits other people's schedule.
I'm willing to wait. And since movies I think, by
(28:11):
and large are not as good as let's say, five
ten years ago, people are more willing to wait. Name
a big movie Wicked is, for example, is already available
on streaming. You know, it's a wonderful movie, and it's
a big event, tent pole movie. But people know that
if they miss it in theaters, it's okay. It'll eventually
be on streaming sooner than later.
Speaker 1 (28:32):
So why don't they just look at their their numbers
and just not I guess you gotta have the building
and you gotta have the people and if you have
one auditorium that's full from a blockbuster, at that point,
it doesn't really cost you much extra to run other
movies in the smaller auditoriums. Is that why they still
(28:53):
run with screenings that only have a handful of people
in them, because that part of it isn't really costing
them anything.
Speaker 3 (29:00):
I wouldn't say this, say that this is more anecdotal,
but I was speaking to Tula about this last week,
and he was trying to go to a movie of
certain screens of movies and if they're not a certain
amount of people, they will cancel the screening and refund
your money. So movie theaters are pulling back from having
these extra screening theaters of movies where there's not adequate attendance.
Speaker 1 (29:23):
Oh, so they are already moving. I just haven't heard
about any of this. I just I confess my ignorance.
And so you're saying the kinds of things I'm thinking
about are already happening.
Speaker 3 (29:34):
They are happening in real time. They are canceling screenings
of movies that are not well attended.
Speaker 1 (29:39):
Wow, that would make me very angry. I just want
you to know I don't know why I'm warning you
you're not running a theater. But if I bought a
ticket for a movie and I probably bought it at
a low attendance time on purpose, and I showed up
and they said we're not showing it because they're not
enough tickets, I would not like that I brought.
Speaker 3 (30:00):
It also speaks to what movies are being produced now,
because they're done in anticipation of movie theaters, not necessarily
keeping them in theaters very long or having a lot
of screening. So that's why I believe we're seeing mostly sequels, reboots,
and remakes because there's a built in audience and they
know they'll probably come out in the first one or
two weeks, as opposed to relying on word of mouth
(30:22):
to build up an audience.
Speaker 1 (30:25):
Well, now it's all pre word of mouth, you know
what I'm saying. Like the hype, especially for these ten
poles and everything, the hype starts months in advance, and
when you get about within two weeks of opening, you
cannot escape coverage and discussion of Like when this Last
Mission Impossible movie comes out next year, I assume that
(30:48):
media is going to be saturated with stuff about it before,
so word of mouth is almost happening before the thing
even opens. I guess it's a different word of mouth.
You're talking about a movie that not necessarily a lot
of people know about, but some people go see it
and they tell people, Oh, this is really good, but
it seems like anything really viable. There's everybody already knows
(31:10):
that it's there, Isn't that right? Yeah?
Speaker 3 (31:12):
There are two types of word of mouth. There's awareness
and there's also awareness which moves us to action. We
all know about the Last the Final Mission Impossible movie,
but if you look at the box office, it's been
in law of diminishing returns, where each successive movie seems
like it doesn't have the same type of appeal or attraction,
and the box office receipts have been consistent with that.
(31:32):
So we're aware of it. But are we going to
go out and see it? Are we going to have
to be there in theaters first week or are you
gonna wait to see it like me in week four
on streaming?
Speaker 1 (31:41):
Yeah? Probably the latter is kind of my move too.
Is there anything let's leave with this so twenty twenty five,
is there anything coming out that you are actually authentically
excited to see?
Speaker 3 (31:57):
Yes, the accountant too. This is a sequel to the
twenty sixteen movie with Ben Affleck, where he plays a
neuro divergent accountant for the mob, but he's also a
trained killer. It is a great movie. It was under
the radar, but it had this ground swell of support.
It became a cult classic. And now some nine years
(32:18):
later they're doing a sequel to the movie with Ben Affleck.
I can't wait. That's in April, April twenty fifth. Wow.
Speaker 1 (32:25):
All right then, most so wonderful to talk with you.
Speaker 3 (32:29):
Man. I need to just you know, to hug you
one more time. This can't be happening.
Speaker 1 (32:34):
Well, well that we can make happen. And also look
your numbers in my phone, my numbers in your phone.
So it's not like I'm disappearing off the face of
the earth at all. No. But you know, also, also
who's gonna you know, I need I still need some
people who are there to get the gossip, all the romance,
all the romances, and you know, I need to know romances.
(32:56):
Can Peyton plate the Peyton place of that place? Wait,
I know we'll talk. We'll talk, Rander Alison. All right, man,
there he goes Moe Kelly seven to ten pm Monday
through Friday with his show later with Mo Kelly. I
will be back tomorrow for one more show hosting before retirement.
This is KFI AM six forty Live everywhere on the
(33:18):
iHeartRadio app.
Speaker 3 (33:19):
You've been listening to the Bill Handle Show.
Speaker 1 (33:21):
Catch my show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
The Bill Handel Show News
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!