April 21, 2024 • 34 mins
Ever felt the rush of unlocking a hidden deal or slicing dollars off your shopping spree? Join us, your Neighborhood Finance BROs, as we unveil the magic of coupons and rewards that can turbocharge your savings! Imagine strutting out of a store with that coveted sports gear, your wallet barely lighter thanks to a slick coupon move. That's just a taste of what we're dishing out in our latest episode—all about the art of scoring discounts and the sheer bliss of what we like to call “personal profit”.
Strap in for a wild ride through the aisles of everyday savings, where we recount our victories in the checkout lines. We're not just talking about chump change; it's about making proactive savings a lifestyle. From harnessing the power of rewards cards to navigating the digital world of discount apps for your favorite eats, we've got the playbook to help you make every penny scream for mercy. We even get down to the nitty-gritty of haggling; unearthing the undeniable truth that a little bravado can lead to big savings.
And if you think we're just a couple of voices in your headphones, think again! The Finance BROs are leveling up, bringing our money-saving crusades to television screens with an upcoming spot on HHN TV. (Release Date still To Be Announced) So, keep your eyes peeled and your wallets ready, as we share tips, laughs, and our journey to the Big Screen, ensuring that the money you make is just the beginning—it's what you KEEP that counts. Cheers to expanding your financial prowess, one episode at a time!
Learn more about the FBN initiative and get access to all social media platforms at https://linktr.ee/fbnlinks
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 2 (00:00):
First and foremost we want to be clear that what we
are sharing with you arestrategies and concepts that can
be implemented by individualswho understand the logistics of
how to approach such platformsas far as the literal, the
(00:27):
mental and spiritual formatneeded to be successful with
your aspirations hey, what's upworld?
Speaker 3 (00:58):
you tuned in to fbn.
Yes, it is another episode offinance bros network, and I am
the one and a half of FinanceBros, anton Lefwich, and this is
Michael DePoe the other half.
Speaker 2 (01:10):
The other half we are coming to.
You live with Finance for EveryPeople, Everybody.
We are honored to be here andto be able to serve our diverse
communities as usual.
Fierce communities, as usual.
Well, anton, today I want totalk about something that I
experienced, and then I said tomyself.
(01:32):
You know, this could be a dopepodcast, because it made me feel
good.
Speaker 3 (01:38):
You had a little something on your heart today.
Oh man, it made me feel good.
Speaker 2 (01:41):
And I said you know what we need to talk about this,
because obviously we're FinanceBros Network.
We are, and definitely whatmakes me feel good is to get
money.
Yeah, I just certainly hope so,so our title of our episode
today is Coupons Rewards to yourPersonal Profitability.
(02:03):
So why we chose this or we'regoing to talk about this today?
One of the reasons is I wasgoing to a baseball game.
Okay, okay, you know, I had mygirl with me and I was like you
know, let me do something nicefor her, let me get her some of
the team apparel that we'regoing to the baseball game for
(02:28):
Some swag, some swag.
Speaker 3 (02:30):
You know some team swag.
Speaker 2 (02:31):
And you know, if you go inside the stadium and this
is real talk, I don't care whoyou are you're going to be
paying a guap, Meaning you'regoing to pay like $60 for a
shirt.
Guap-a-roonie $40 for a hatWopper Rooney, $40 for a hat you
talking about $34 for somesocks.
You know it's like dang, it'slike man.
So you know I was like let mego into one of these sports
(02:55):
stores.
Okay, that have that stuff thereand it's probably going to be a
little cheaper than the arena.
And then you know, surprise alittle gift.
You know you, cheaper than thearena, yeah.
And then you know, surprise alittle gift.
You know you always gotta dothe right thing for your partner
.
You know your girl, you gotta,you gotta do it right every now.
And then you know it can't beflowers all the time, yeah yeah,
yeah, so I was like, let me gether some of this swag you know
(03:16):
for it so I, I shopped aroundthe store, picked everything up,
and then I'm like you know, I Ishop at this sports store every
now and then.
It's not like something.
I go there all the time and Iwas like, all right, let me get
this together.
I even got myself some socks,you know to match the team and
stuff like that.
You know I got my hat alreadyand everything, so I wanted to
(03:38):
get her all decked out.
So you know we look like partof the stadium going to the
baseball game.
It's one of those pastime.
If you have an opportunity tobe wealthy and out there, you
should definitely do.
But you know I get it, youcan't do it all the time because
it's a heck of expensive.
Speaker 3 (03:55):
Baseball is way more fun in person.
Speaker 2 (03:58):
It is, it is, it is so.
But I got to the register, okay, and the lady clerk just rang
everything up, rang everythingup and then it came out to about
$97, some change $97.
Dang for a shirt and a hat anda spare socks or a few other
socks.
(04:18):
I think I got her socks too.
I was like man.
But all I'm thinking you knowwhat I'm still saving because I
ain't buying this at the arena,at the arena it would have been
like 200 ain't changed.
Speaker 3 (04:32):
Easy bro, easy, easy man so she's really no debate.
Speaker 2 (04:36):
She rings everything up.
I was like you know what youknow, I've been coming here back
and forth.
I I don't know if I'm part ofyour program.
They asked for my number.
I gave him my number.
I was in the I don't know ifI'm part of your program to ask
for my number.
I gave him my number.
I was in the system.
I gave him the number before Iparted the war.
And I said well, is thereanything I could get out of this
, you know, is there any savings?
And she's like hold on, sheloves you.
(04:57):
Open up her job.
Speaker 3 (05:05):
She hit me with a coupon and then the price went
from $97 to $61.
That's a 35%.
I said what?
Speaker 1 (05:09):
Like wow.
Speaker 2 (05:11):
I was like this is making me very happy right now.
I was so happy saving somemoney.
I even I said yo, can I get youlunch?
You did me a solid.
Can I get you lunch?
You did me a solid.
Can I get you lunch?
You can order something.
I got you all beef dog.
(05:31):
Whatever you want, whatever youwant you just sent me some 30
mark dollars and then you knowthat's a big savings.
From the 200 odd dollars Iwould have probably spent at the
, at the arena.
So I would have probably spentat the arena.
So I was like man this feelsgood.
Speaker 3 (05:49):
That puts you up about 70% of the savings.
There you go, 70, 80.
There you go.
That ain't bad brother.
Speaker 2 (05:57):
And I got to thinking about it and I was like you
know, this is what a wealthyneeds to know.
I like that, bro, we need totalk about coupons.
And know, I like that, bro, weneed to talk about coupons and
rewards.
Speaker 1 (06:08):
I like it, man.
Speaker 3 (06:08):
So, you know, by the way, did you do anything special
?
Was you extra nice or did you?
Speaker 2 (06:13):
No, no, no, Actually just ask.
You got some coupons for it,brother.
All you did was ask oh sure All.
Speaker 3 (06:24):
I did was ask I love it.
I ain't do nothing extra, Ijust asked.
I just asked.
So she was cool with it.
Speaker 2 (06:33):
She laughed about it and everything.
But I was happy.
I skipped to my car.
You seen grown ass men likemyself skipping to the car
because I saved $30 somethingdollars.
I was just so happy, walked outI said god did that, god did I
did that.
So so I I really wanted toshare that story with our
(06:57):
wealthiest people out there, butI'm still imagining you
skipping oh man, skipping thedude, like I was in kindergarten
brother man, I love it brotherhey, it's because, you know, we
always we say we talk, we don'tjust talk about this, we live
this man that is a perfect primeexample.
Speaker 3 (07:14):
Exactly exactly.
Speaker 2 (07:16):
I love it so you know , so I was thinking, you know,
let's, let's give them, let'sgive our wealthy and some some
information about that, let'sdive into it, and then we can go
ahead and talk about it, youknow, and I know, we have a list
we have put together yeah, yeah, you want to take a look at
that?
Speaker 3 (07:35):
yeah, let me go into my.
Hit them.
Speaker 2 (07:37):
Hit them with some of the stuff they may not know.
Let me go straight to google.
Speaker 3 (07:41):
So these are some things that you know people may
not be thinking about, and andthis is not to say that these
aren't obvious things, right,it's just we want to make sure
we keep these things in mind.
Right, because life gets fast,the times we're living in get
fast, the world gets loud andyou know we all are dealing with
things outside of the aspect ofmaking sure we not only make
(08:03):
money but keep as much money aspossible.
So it's just little things.
We want to just make sure wehope we strike a chord in
someone's mind where they'regoing to think about these
things every time that theycatch themselves with that
opportunity to go ahead and savea little bit of extra money,
right, and I just want to sayyou said something Keep that
money is also a benefit?
Speaker 2 (08:25):
right, it's a benefit and that's why we call it
personal profit.
Yes, in the business world,when you figure out a way
operationally to not spend themoney that you've already
budgeted to spend, this is veryimportant, wealthy, and you
already have a budget, you saidthis is what I'm going to spend.
(08:46):
This is very important, wealthy, you already have a budget.
You said this is what I'm goingto spend.
Right, the money's gonetechnically Because you already
had a budget to spend, right,and then you figured out a way
to get a discount, to get somemoney back from it.
Guess where that money goes?
To the bottom line.
Speaker 3 (09:04):
That's pure profit that's all in the black.
Speaker 2 (09:09):
All in the black, like bustle ron said give me
some more, give me some more allin the black, so just think
about that think about so we, wereally feel, if you really
focus on that, you're gonna makea budget, you're gonna make a
plan, but let's see how we couldput some profit at the bottom
line, some money back in yourpocket.
(09:29):
I love it, brother.
All right, hit them with someof this stuff they don't know,
all right.
Speaker 3 (09:33):
So look, and a lot of this stuff, you may, again, you
may, be thinking about this.
This stuff we do every day,right, all right, but at the
store a little bit ago,supermarket, grab some groceries
Yep, before I could even thinkabout putting my phone number in
, mike, you come out with yourhey.
Hey, I got the rewards righthere Rewards card.
Speaker 2 (09:51):
How much did we save, brother?
Speaker 3 (09:53):
About 30% Yep.
It was between 25 and 30%.
It was significant Yep For surethere you go.
So there you go.
So supermarket is number oneone, right, all right, fast food
, right number two.
It's so funny you said when weputting this down, because you
know people may not think a lotabout fast food, but these are
coupons that are in the paperall the time right or in your
(10:13):
phone in your phone apps, apps,have them all
the time all day long, manapplebee's, your restaurants,
your nice restaurants, nicerestaurants, have these coupons
in here and it's just that theonly mistake we're making is we
don't look or we don't ask or wedon't ask.
Hey, we're leading up to thet-shirt.
(10:36):
Okay, right, right, all right.
So fast food, drug stores okay,all day, even medications,
things like that for our olderwealthies, and whatnot, or
anybody really needs to make it.
Speaker 2 (10:47):
Yeah, you go buy condiments in those stores and
you can get a discount off ofthem.
They'll polish for the youngladies, young wealthians out
there ladies out there, you knowwhat just hit me.
Speaker 3 (11:00):
Sometimes they got the coupon sitting right there
below the product.
There you go In the store.
There you go In the store.
Speaker 2 (11:06):
There you go you know what I'm talking about.
Yeah, you could just tear itoff and then you could go up
there.
Here's the coupon Beep.
Speaker 3 (11:13):
But how many times do we maybe not do that?
Speaker 2 (11:14):
We neglect, it's right there in front of us.
Speaker 3 (11:17):
Okay, money out of our pocket, yeah, so let's be
mindful.
Speaker 2 (11:27):
All clothing stores?
No, of course, all right, allday.
Speaker 3 (11:29):
Listen, I, you know macy's, I know macy's is going
down but I always look for amacy's coupon, and if I don't
have a macy's girl, I'm going upthere to the register you what
got coupons you got today,because I I need you to do that
for me right there.
Hey, well things, they makingtv shows about this stuff, okay.
Speaker 1 (11:43):
It's called Coupon Wars if you haven't seen it.
Speaker 3 (11:48):
It's a thing, it's a.
Thing.
Speaker 2 (11:49):
It's a thing, but it's our savings.
Speaker 3 (11:52):
That's right.
So shoes or kicks, kicks.
Gotta get a discount on mykicks?
Yeah, we all know.
Speaker 2 (11:58):
We all know how many, how many.
Speaker 3 (12:08):
If you got kids, they want the latest the the newest
jordans, the newest nikes, thenewest adidas, the vans, the all
, all the above man, all theabove pumas.
Yeah, seriously.
And if you're in there buyingthree, four pairs of kicks, if
you just ask you might get adiscount.
You might not, but youdefinitely won't if you don't
ask.
Okay, all right.
So check out your kicksElectronics.
(12:29):
Oh, bro, you know electronicsis my thing.
Speaker 2 (12:32):
I know that's the idea.
That is my thing.
Speaker 3 (12:36):
I'm always looking for a discount, Always looking
for a discount for electronicsbrother, if you guys don't know,
mike, mike you know, he isalways prepared with an
electronic device for almost anysituation, any situation
brother I mean, we had somethinggoing on in the studio the
other day and I was like man, ifwe only had a hold on a minute,
(12:58):
he went, disappeared, came backthree minutes later.
I I was like do you have thisstuff on tap or something.
Mike is prepared All right Allday, so you know he gets his
discounts on that.
All right, the movie theater?
Speaker 2 (13:12):
Oh, wow, that's all day, all day, if you like, the
movies.
Yo, right now, these days, twopeople going to the movies is
almost $100.
Speaker 3 (13:28):
Bro remember when you could take your family, your
family, to the movies what forthat's so crazy it?
Was like family night themovies.
Speaker 2 (13:32):
It was very, very affordable, but now two people
you could easily spend a hundred, easy spend, and that's that's
not even going to eat anywhereelse.
Ladies and gentlemen, we'retalking about you.
Go pay for the ticket.
Speaker 3 (13:44):
That could be $20 each Don't go to the recliner
theater.
Imax, what, what you're tryingto say is you're trying to max
out, no problem.
Speaker 2 (13:56):
IMAX 3D.
You stepping it up.
We like you.
Speaker 3 (14:01):
They call it IMAX for a reason Exactly I'm paying the
max.
Speaker 2 (14:05):
Exactly, the max is coming out of your pocket to see
the movie.
That's good, so you got thatgoing.
Then you go to the concessionstand and I think we're the only
society I think that goes tothe movies and is okay to pay
(14:26):
for a hot dog for $5.
, $5, man, $5, a hot dog Likethat's crazy, yeah.
Speaker 3 (14:34):
no mustard, by the way.
Speaker 2 (14:35):
No mustard.
Speaker 3 (14:35):
No chili.
Speaker 2 (14:36):
Well, they actually kind of give you that free.
The mustard, ketchup they giveyou free and relish.
Speaker 3 (14:41):
Okay, well, that's good, but you put chili on it.
No, no, no, but they don't putit on there for you.
Speaker 2 (14:44):
No, no, no.
Speaker 3 (14:45):
You know what I'm saying?
That's not happening.
Speaker 2 (14:48):
You definitely don't get no chili, a bucket of
popcorn.
You know something?
You go to the supermarket.
You probably pay a dollar for.
You pay $10, $12.
For real, for a bucket ofpopcorn.
Speaker 3 (15:00):
Hold on, you get free refills?
Speaker 2 (15:03):
Nah, not if it's not the big one.
Oh, that's right.
Speaker 3 (15:07):
If it's not, not if you don't buy the large, if you
don't buy the large, it'd belike yo step to the left brother
.
Speaker 2 (15:13):
Step to the left.
Speaker 3 (15:17):
So but they do have reward cards.
They do have coupons, that youcan get and there's an app
called we're not sponsoringVandango, but Vandango.
They actually got points youcan save up.
Speaker 2 (15:33):
There's all kinds of apps.
That's what we're talking aboutEntertainment kind of goes in
with the same Going to DisneyWorld, dave and Buster, those
deals all the time, even if theright right going to disney
world or dave and dave andbuster's got those deals all the
time right.
Speaker 3 (15:49):
So look, even if you're not gonna um spend all of
that right now, at that time,if it's something that you have,
you know dave and buster weekof the month with the family,
then you know, get the deal, if,if we can, if it's affordable
for us and we can do it, get thedeal at the beginning of the
month and then boom, we mighthave enough for next month.
There you go, and then we'reonly spending that every other
month.
So it's just, it's strategizing, right, right, this is all
(16:10):
finance, all right.
And online, oh gosh.
Speaker 2 (16:13):
Online shopping, oh man so so just just a little bit
of education on that.
They have extension and I don'tknow if, if people are into
online shopping, they haveextensions where you go to
different websites that searchfor coupons, search for Amazon.
I know, if you shop on Amazon,always look at the bottom of the
(16:36):
product.
Sometimes, if you don't checkthat one box, you're going to
lose out on that 5% saving twodollars off three dollars, or
they're doing that, you know,because there is a saving or the
company's offering this rebate.
But if you don't check the box,if you don't ask in this case
it's not as if you don't look ifyou don't look, yeah, you ain't
(16:57):
gonna get the savings and a lotof times, man, I know I won't
even do it unless I see prime onthere, right, you know what I
mean with.
Speaker 3 (17:04):
Mean With the Prime discount, I know, but they do
have.
Speaker 2 (17:08):
Like I said, we're not sponsoring anybody out there
?
Speaker 3 (17:10):
No, not at all.
Speaker 2 (17:11):
But they do have extensions.
Where an extension is thewebsite you can add onto your
search engine.
That will automatically let youknow if there's a coupon for
this particular product thatyou're looking to buy, and it
could be on the actual company'swebsite or like a seller or
(17:32):
whatever.
Speaker 3 (17:33):
Yeah, a seller company.
Yeah, yeah, yeah.
Speaker 2 (17:36):
So you could do that.
So just keep in mind whenyou're doing those searches for
those products.
A lot of people ordering onlinethese days and there's a lot of
money that could be saved thatis not being saved.
Speaker 3 (17:48):
That's true that's true, and the banking, the
banking is.
Speaker 2 (17:51):
Talk a little bit about that, mike well with the
banking you know you, if you're,if you're banking these days,
it depends on what bank accountyou have, the savings you can
have sometime.
You know there's bank fees andthere's multiple type of ways
the bank is making money, butthey want to keep your money in
their bank because the real waythey make their money is taking
(18:12):
your money and reinvesting itYep, or lending it out or
lending it out but theycapitalize or they profit
through fees fees.
Now, if you there are certainmoney or certain things you
could do with your banking,keeping it at a certain account,
certain type of accounts, youcan get that will.
They won't charge you monthlyfees.
(18:34):
Or they won't charge you forthis, they won't charge you for
that.
so just keep that in mind whenyou're at a bank or you're
banking with uh, uh, uh uh, oneof these big banks you know, and
they have ways for you to avoidpaying those fees and that's
money back into your account,technically, because it'll never
come out, because you were ableto either maintain a certain
(18:57):
balance, know what that balanceis or, uh, have a certain type
of account that it won't chargeyou.
Okay, all right, so that that'sone and um I.
I also see here the creditcards, credit cards at the bank,
yeah yeah, you in miles rewardscash back, yeah all those
(19:18):
discover, discover, yeah, yeah,yeah, discover back from
yeah, discover has been doingcash back for him.
Yeah, discover been doing cashback yeah discover, been doing
cash back forever, but now theyhave discovered debit, and then
all these banks have some typeof cash back.
In other words, they're nottaking all the money they
actually could take from you.
(19:39):
Yeah, I mean it adds up, but itdoes add up a year to be a
hundred, a couple, right younever know, right right, how
much you're using Right right,and there was the aspect about
the cars.
Speaker 3 (19:49):
Right Now, the car is a little bit tricky.
Yeah, this is extra credit,okay for us Europeans, this is
extra credit.
All right.
We've talked about advancedplanning strategies and
strategies like IULs, where youcan essentially have this
financial instrument and use itto leverage your money.
So, instead of going to get a15 percent loan on a car, let's
(20:12):
take a car, for instance.
You go to buy a car, mike, ok,and you want to leverage that
transaction, all right.
So instead of you going to goget a 15 percent loan which
interest rates are ridiculouslyhigh right now percent loan,
which interest rates areridiculously high right now
let's say you've already donesome things that finance bros
has taught you, taught you, andyou've put these things in
practice.
And then, all of a sudden, youhave the ability to not only
(20:35):
borrow from that IUL that youalready have in place at 3%, not
15%, okay.
Speaker 2 (20:45):
So now you're your own bank.
Speaker 1 (20:47):
There you go, okay.
Speaker 3 (20:48):
So you are your own bank.
You are borrowing from yourselfat 3%, at 3%, yeah, instead of
15%.
That is huge.
That is huge.
Get this All right.
Go and get that same car, okay.
So now you're paying on thiscar, and not only that, but the
money you borrowed from your iul.
Okay, the principal is stillearning interest at 10, 12, 15
(21:13):
percent, wow, eight on average,okay, depending on what the
market's doing.
Wow, wow.
You.
Go and use that, ask, use thatmoney to purchase that, that car
.
It, the principal is stillearning interest as if you've
never removed a dime.
Oh my gosh.
So now you're making money onyour money.
You basically paid yourself tobuy a car.
There you go.
Speaker 2 (21:34):
All right, there you go.
Can you imagine that?
That's the biggest saving?
That's the biggest saving.
So we're not going to go intoIUL.
But here's a benefit and thisis a savings.
We talk about IUL as a more orless saving type of account,
like a savings account.
Yeah, we do.
But there are additionalbenefits to this type.
Speaker 3 (21:54):
There's a lot of additional benefits A lot of it,
and there's so much we could gointo with that.
Yeah yeah, but let me break itdown one more time.
You borrow from yourself.
You have an IUL in place.
You've been funding it for awhile.
It's matured already.
It's ready to be utilized.
You borrow from yourself at 3%instead of borrowing from the
bank or the credit union at 15%or 8%, 10, doesn't even matter,
(22:16):
it ain't going to be three, evergoing to be three.
You go and buy that same car,that car, you're now driving it,
but the money you borrow fromyourself is still earning
interest, as if you've neverremoved a dime.
All right, this is big.
Speaker 2 (22:30):
Yeah, that's huge.
And technically you still gotto pay that money back because
again, it is borrowed.
You didn't take it, you stillgot to pay it back, but you're
paying it back at your rate, ata rate you can afford to pay
back.
They don't even tell you whatrate you should pay back, but
you should be paying it back,whether you put an extra hundred
in there back on what youborrowed, or you pay 200, or you
(22:54):
go back to 100, depending onwhat's going on.
But you pay it back.
You know, and once you finishpaying it back, you can do it
again.
Speaker 3 (23:02):
Exactly, and I'll go one, pay it back.
You know, and once you finishpaying it back, you can do it
again Exactly.
And I'll go one step deeper Alot of times.
The insurance company onceyou've had the plan long enough,
they'll actually credit you thenext year to offset the 3%.
Oh wow, look at that.
You can't lose.
You can't beat that.
Speaker 2 (23:16):
You can't lose, you can't lose you can't lose, so
we'll always go back to ourepisode.
Look at, there is an episodefor iul, yeah, but uh, we'll,
we'll definitely always touchbase on on that again because
you know it's how we said it.
How we say it or how wepresented it.
It might be in a different waythan and it might be an aha
moment for somebody at this timeyeah, that's true, because, you
(23:37):
know, we always, we always talkabout the scenario right you
know the, the, and then all of asudden somebody says man you
know what?
I got it Right, right.
So you never know when you'regoing to get it.
Never know it's going to click,that's what's up, but you know.
So we just want to go back on.
The thing is we should not everforget to ask, right, exactly.
(23:58):
We can't forget to ask and wealways should negotiate.
Who says you can't negotiate?
We?
Always should negotiate, alwaysnegotiate.
Sometimes you may not have thepersonality to.
That's true, you know somepeople are timid about that.
They feel the price is theprice.
But it doesn't hurt to ask,don't hurt to ask.
It doesn't hurt to ask.
(24:18):
Or say, hey, can I get a betterprice on this Right?
You know to ask so.
Or or say, hey, can I get abetter price on this right?
Speaker 3 (24:25):
you know, is this the best price that they can be?
You never know.
What's that saying, mike?
What if you don't ask?
Speaker 2 (24:28):
the answer will always be no exactly and you
know for the aggressive type ofuh uh wealthians out there
haggling.
I know that haggling is a realaggressive.
But but you know you got a lotof foreigners.
That's what they do all day.
Sometimes they own the store.
They won't let you walk outthere.
So what you would willing topay for it, Come back, come back
(24:50):
, come back, come back, and wedon't see the end result.
Speaker 3 (24:55):
But it don't matter if they batting percentages two
out of 10.
Right, at the end of the month,the end of the year, right is
two out of 10.
Right, at the end of the month,the end of the year.
Right, how much does that two?
Speaker 2 (25:05):
out of 10 add up to Son of money, yeah.
So just think about thatwealthy, all these things, these
nuggets we're giving you, isfor you to save money, yes, you
know.
So just keep that in mindset,and that's our mission at
Finance Bros Network networks toalways make sure that you have
that in your mind.
To save money in asset, makingmoney remember a personal
(25:27):
profitability, personal profitback into your pocket straight
to the simple.
Speaker 3 (25:31):
At the end of the day , we want to help people make
and save money.
Speaker 2 (25:36):
That's right period where every reward you can
program you can get into whereyou shop every, because now
you're doing it thanklessly.
You're not even thinking aboutit, like I don't go to the
supermarket.
If I don't have my rewards card, I ain't going to the
supermarket.
That's true.
I mean I'll be like woo and I'mlooking.
There are tags that says if youhave your reward cards, you can
(25:58):
save on this.
If you have your reward cards,you can save on this.
So make sure you have yourreward cards and they actually
have.
Most supermarket has it as anapp too, so just make sure you
put it on your app, absolutely.
Speaker 3 (26:08):
On your phone.
I know sometimes we go andwe're like you know what?
It's not a big deal.
It's not a big deal.
If you add up all your, it'snot a big deal.
At the end of the year you'd bepissed off.
It's probably a big deal.
Speaker 2 (26:22):
You'd be like dang.
I should have used my rewarddang guess what?
It's a big deal yeah, it addsup so let's just jump into the
literal mental spiritual brother, all right all right.
So the literal is whereveryou're shopping and whatever
you're spending money on, makesure you get the benefit out of
(26:46):
it.
Yes, so that's the literal.
Wherever you go and you'rewalking to it, you're shopping,
you're taking money out of yourpocket.
Figure out how to get a benefitout of it.
Man, I love that becausethere's a benefit there, there
you go.
Speaker 3 (26:58):
There's a benefit there, I know there's one.
Speaker 2 (27:01):
There you go, so figure out what it is All day,
all day.
Speaker 3 (27:05):
Guess what they trying to get you to spend your
money Right, so they're going tomake sure that there's a
benefit in it All day, all day.
If you just got to figure outwhat it is, that's it.
I love it.
Speaker 2 (27:16):
So the mental is to keep in mind whenever you're
saving money, you're puttingmoney back into your personal
profitability, aka pocket pocket, putting money back in your
pocket.
Keep that in mind.
I got in your market.
That's the mental.
Put it in your, put money inyour pocket.
Put it in your pocket, put itin your pocket.
Speaker 3 (27:37):
I like that.
That could be t-shirt numbertwo.
Put it in your pocket.
What you got for them, for thespiritual, all right, man, I got
you.
So look, this is deep.
The joy of saving money orrewards is a benefit to your
bank account and is the bestfeeling in the world.
(28:00):
Oh, man, man, that hits meright here in the heart.
How did you feel when that ladytold you oh my Ecstatic Elated
Joyful.
I could feel it and I could seeit.
Joyful, yeah.
Speaker 1 (28:12):
Yeah.
Speaker 2 (28:14):
Oh, she said actually oh right, here, right right.
Speaker 3 (28:24):
And she said don't forget to ask next time, because
I think we got 50 for you.
Save it all for real, oh man.
Oh, I'll be back.
You go, you're gonna go see abaseball game you know somebody
so you know the tickets.
Speaker 2 (28:33):
There was, it was a gift so it just worked it's all.
It worked all the way aroundbro if I had.
If I had a coupon for for thebeverages and the in the in the
food that I was gonna get at theconcession stand, I would have
gotten it too, because Idefinitely was looking for it
but didn't have it on the appbrother that's.
Speaker 3 (28:55):
That's so great, man.
This this has been such a fun.
I didn't even realize it'sgonna be this much fun doing
this episode I love it, brother,I love it hey man, hey hey, I
didn't just hit me.
It's not what you make, but howmuch you can keep there you go
and it ain't what you spend, buthow much you can save save.
Speaker 2 (29:13):
Okay, I thought you was gonna throw me a rhyme a
rhyme in there, but what's?
Speaker 3 (29:21):
the t-shirt, brother, what's the t-shirt?
The t-shirt is all right, soall right.
So the t-shirt for the episode,bro, let me give it to them.
Give it to them, give it tothem.
This can almost be a song,right, don't lose your cash just
ask it's almost a country songDon't lose your cash, your sass.
(29:42):
But, that would be a prettycool key.
It really is because sometimesall you got to do is ask.
Speaker 2 (29:49):
Right, you know what I mean, so I love it, brother, I
love it.
Be a perfect T-shirt, bro.
Perfect T-shirt, there you go.
Speaker 3 (29:58):
I think I laugh more this episode than we probably
ever laugh After the minute.
Speaker 2 (30:04):
Hey, when you're saving money, it makes you feel
good, don't even money you smile, there you go, yeah cheek to
cheek.
Maybe that should have been theseizure I told you we were
averaging.
Speaker 3 (30:15):
We've been averaging three t-shirts episodes without
even trying.
I'm telling you, man, we'regetting it, we're getting it,
we're getting it.
Speaker 1 (30:21):
Oh man, but that's why it's Finance.
Speaker 2 (30:23):
Bros Network, that's what we're here for our
wealthiers to make sure thatyou're getting paid.
You're building that wealth,and that's all the mind of a
wealthy and, believe me, therichest people in the world.
This is what they're doing.
They're figuring out you trustand believe the man who built
the billionaires at the top.
They don't go into a deal untilthey know they getting a
(30:44):
discount or getting a deal forit.
Speaker 3 (30:46):
So, truth be told, that's what's going down,
brother, I would have you saythat again.
If a man, for real, that wasdeep, that's for real, that is
so true.
So why we as wealthy is?
Speaker 2 (30:58):
not make mimicking that?
Why are we doing exactly everyday, everywhere we have to take
on, put our money?
How can I put some money backin my pocket?
Speaker 3 (31:06):
because it's definitely going back back into
my personal profit find somebodywho's getting what they want
and figure out what they'redoing please there you go, I
love it brother all right man, Ithink they didn't work, but
they probably at work right,right, right to work by now I
think we got them through thecommute yeah, I think we got
them through the commute.
They're good, they're like okaywhat else you got to say,
because I gotta go in before.
(31:27):
I can't miss punching the clockhey, all we gotta say is make
sure y'all check us out at ournew home on hhn tv.
Finance bros network is comingto television.
Release dates are coming soon.
Don't forget to come check usout.
Obviously, on all your socialmedia podcast platforms apple
podcast, iheart radio, googlepodcast, spotify might be up
(31:49):
down left right depends on whichyou know social media platform
you're watching on.
But don't forget to come checkus out and, as usual, I
appreciate you and we'll see youat the bank.
Speaker 2 (32:01):
All right guys.
Speaker 3 (32:02):
Take care world Peace out Peace.
Speaker 1 (32:31):
Thank you, thank you.
First and foremost we want to be clear that what we
are sharing with you arestrategies and concepts that can
be implemented by individualswho understand the logistics of
how to approach such platformsas far as the literal, the
(00:27):
mental and spiritual formatneeded to be successful with
your aspirations hey, what's upworld?
Speaker 3 (00:58):
you tuned in to fbn.
Yes, it is another episode offinance bros network, and I am
the one and a half of FinanceBros, anton Lefwich, and this is
Michael DePoe the other half.
Speaker 2 (01:10):
The other half we are coming to.
You live with Finance for EveryPeople, Everybody.
We are honored to be here andto be able to serve our diverse
communities as usual.
Fierce communities, as usual.
Well, anton, today I want totalk about something that I
experienced, and then I said tomyself.
(01:32):
You know, this could be a dopepodcast, because it made me feel
good.
Speaker 3 (01:38):
You had a little something on your heart today.
Oh man, it made me feel good.
Speaker 2 (01:41):
And I said you know what we need to talk about this,
because obviously we're FinanceBros Network.
We are, and definitely whatmakes me feel good is to get
money.
Yeah, I just certainly hope so,so our title of our episode
today is Coupons Rewards to yourPersonal Profitability.
(02:03):
So why we chose this or we'regoing to talk about this today?
One of the reasons is I wasgoing to a baseball game.
Okay, okay, you know, I had mygirl with me and I was like you
know, let me do something nicefor her, let me get her some of
the team apparel that we'regoing to the baseball game for
(02:28):
Some swag, some swag.
Speaker 3 (02:30):
You know some team swag.
Speaker 2 (02:31):
And you know, if you go inside the stadium and this
is real talk, I don't care whoyou are you're going to be
paying a guap, Meaning you'regoing to pay like $60 for a
shirt.
Guap-a-roonie $40 for a hatWopper Rooney, $40 for a hat you
talking about $34 for somesocks.
You know it's like dang, it'slike man.
So you know I was like let mego into one of these sports
(02:55):
stores.
Okay, that have that stuff thereand it's probably going to be a
little cheaper than the arena.
And then you know, surprise alittle gift.
You know you, cheaper than thearena, yeah.
And then you know, surprise alittle gift.
You know you always gotta dothe right thing for your partner
.
You know your girl, you gotta,you gotta do it right every now.
And then you know it can't beflowers all the time, yeah yeah,
yeah, so I was like, let me gether some of this swag you know
(03:16):
for it so I, I shopped aroundthe store, picked everything up,
and then I'm like you know, I Ishop at this sports store every
now and then.
It's not like something.
I go there all the time and Iwas like, all right, let me get
this together.
I even got myself some socks,you know to match the team and
stuff like that.
You know I got my hat alreadyand everything, so I wanted to
(03:38):
get her all decked out.
So you know we look like partof the stadium going to the
baseball game.
It's one of those pastime.
If you have an opportunity tobe wealthy and out there, you
should definitely do.
But you know I get it, youcan't do it all the time because
it's a heck of expensive.
Speaker 3 (03:55):
Baseball is way more fun in person.
Speaker 2 (03:58):
It is, it is, it is so.
But I got to the register, okay, and the lady clerk just rang
everything up, rang everythingup and then it came out to about
$97, some change $97.
Dang for a shirt and a hat anda spare socks or a few other
socks.
(04:18):
I think I got her socks too.
I was like man.
But all I'm thinking you knowwhat I'm still saving because I
ain't buying this at the arena,at the arena it would have been
like 200 ain't changed.
Speaker 3 (04:32):
Easy bro, easy, easy man so she's really no debate.
Speaker 2 (04:36):
She rings everything up.
I was like you know what youknow, I've been coming here back
and forth.
I I don't know if I'm part ofyour program.
They asked for my number.
I gave him my number.
I was in the I don't know ifI'm part of your program to ask
for my number.
I gave him my number.
I was in the system.
I gave him the number before Iparted the war.
And I said well, is thereanything I could get out of this
, you know, is there any savings?
And she's like hold on, sheloves you.
(04:57):
Open up her job.
Speaker 3 (05:05):
She hit me with a coupon and then the price went
from $97 to $61.
That's a 35%.
I said what?
Speaker 1 (05:09):
Like wow.
Speaker 2 (05:11):
I was like this is making me very happy right now.
I was so happy saving somemoney.
I even I said yo, can I get youlunch?
You did me a solid.
Can I get you lunch?
You did me a solid.
Can I get you lunch?
You can order something.
I got you all beef dog.
(05:31):
Whatever you want, whatever youwant you just sent me some 30
mark dollars and then you knowthat's a big savings.
From the 200 odd dollars Iwould have probably spent at the
, at the arena.
So I would have probably spentat the arena.
So I was like man this feelsgood.
Speaker 3 (05:49):
That puts you up about 70% of the savings.
There you go, 70, 80.
There you go.
That ain't bad brother.
Speaker 2 (05:57):
And I got to thinking about it and I was like you
know, this is what a wealthyneeds to know.
I like that, bro, we need totalk about coupons.
And know, I like that, bro, weneed to talk about coupons and
rewards.
Speaker 1 (06:08):
I like it, man.
Speaker 3 (06:08):
So, you know, by the way, did you do anything special
?
Was you extra nice or did you?
Speaker 2 (06:13):
No, no, no, Actually just ask.
You got some coupons for it,brother.
All you did was ask oh sure All.
Speaker 3 (06:24):
I did was ask I love it.
I ain't do nothing extra, Ijust asked.
I just asked.
So she was cool with it.
Speaker 2 (06:33):
She laughed about it and everything.
But I was happy.
I skipped to my car.
You seen grown ass men likemyself skipping to the car
because I saved $30 somethingdollars.
I was just so happy, walked outI said god did that, god did I
did that.
So so I I really wanted toshare that story with our
(06:57):
wealthiest people out there, butI'm still imagining you
skipping oh man, skipping thedude, like I was in kindergarten
brother man, I love it brotherhey, it's because, you know, we
always we say we talk, we don'tjust talk about this, we live
this man that is a perfect primeexample.
Speaker 3 (07:14):
Exactly exactly.
Speaker 2 (07:16):
I love it so you know , so I was thinking, you know,
let's, let's give them, let'sgive our wealthy and some some
information about that, let'sdive into it, and then we can go
ahead and talk about it, youknow, and I know, we have a list
we have put together yeah, yeah, you want to take a look at
that?
Speaker 3 (07:35):
yeah, let me go into my.
Hit them.
Speaker 2 (07:37):
Hit them with some of the stuff they may not know.
Let me go straight to google.
Speaker 3 (07:41):
So these are some things that you know people may
not be thinking about, and andthis is not to say that these
aren't obvious things, right,it's just we want to make sure
we keep these things in mind.
Right, because life gets fast,the times we're living in get
fast, the world gets loud andyou know we all are dealing with
things outside of the aspect ofmaking sure we not only make
(08:03):
money but keep as much money aspossible.
So it's just little things.
We want to just make sure wehope we strike a chord in
someone's mind where they'regoing to think about these
things every time that theycatch themselves with that
opportunity to go ahead and savea little bit of extra money,
right, and I just want to sayyou said something Keep that
money is also a benefit?
Speaker 2 (08:25):
right, it's a benefit and that's why we call it
personal profit.
Yes, in the business world,when you figure out a way
operationally to not spend themoney that you've already
budgeted to spend, this is veryimportant, wealthy, and you
already have a budget, you saidthis is what I'm going to spend.
(08:46):
This is very important, wealthy, you already have a budget.
You said this is what I'm goingto spend.
Right, the money's gonetechnically Because you already
had a budget to spend, right,and then you figured out a way
to get a discount, to get somemoney back from it.
Guess where that money goes?
To the bottom line.
Speaker 3 (09:04):
That's pure profit that's all in the black.
Speaker 2 (09:09):
All in the black, like bustle ron said give me
some more, give me some more allin the black, so just think
about that think about so we, wereally feel, if you really
focus on that, you're gonna makea budget, you're gonna make a
plan, but let's see how we couldput some profit at the bottom
line, some money back in yourpocket.
(09:29):
I love it, brother.
All right, hit them with someof this stuff they don't know,
all right.
Speaker 3 (09:33):
So look, and a lot of this stuff, you may, again, you
may, be thinking about this.
This stuff we do every day,right, all right, but at the
store a little bit ago,supermarket, grab some groceries
Yep, before I could even thinkabout putting my phone number in
, mike, you come out with yourhey.
Hey, I got the rewards righthere Rewards card.
Speaker 2 (09:51):
How much did we save, brother?
Speaker 3 (09:53):
About 30% Yep.
It was between 25 and 30%.
It was significant Yep For surethere you go.
So there you go.
So supermarket is number oneone, right, all right, fast food
, right number two.
It's so funny you said when weputting this down, because you
know people may not think a lotabout fast food, but these are
coupons that are in the paperall the time right or in your
(10:13):
phone in your phone apps, apps,have them all
the time all day long, manapplebee's, your restaurants,
your nice restaurants, nicerestaurants, have these coupons
in here and it's just that theonly mistake we're making is we
don't look or we don't ask or wedon't ask.
Hey, we're leading up to thet-shirt.
(10:36):
Okay, right, right, all right.
So fast food, drug stores okay,all day, even medications,
things like that for our olderwealthies, and whatnot, or
anybody really needs to make it.
Speaker 2 (10:47):
Yeah, you go buy condiments in those stores and
you can get a discount off ofthem.
They'll polish for the youngladies, young wealthians out
there ladies out there, you knowwhat just hit me.
Speaker 3 (11:00):
Sometimes they got the coupon sitting right there
below the product.
There you go In the store.
There you go In the store.
Speaker 2 (11:06):
There you go you know what I'm talking about.
Yeah, you could just tear itoff and then you could go up
there.
Here's the coupon Beep.
Speaker 3 (11:13):
But how many times do we maybe not do that?
Speaker 2 (11:14):
We neglect, it's right there in front of us.
Speaker 3 (11:17):
Okay, money out of our pocket, yeah, so let's be
mindful.
Speaker 2 (11:27):
All clothing stores?
No, of course, all right, allday.
Speaker 3 (11:29):
Listen, I, you know macy's, I know macy's is going
down but I always look for amacy's coupon, and if I don't
have a macy's girl, I'm going upthere to the register you what
got coupons you got today,because I I need you to do that
for me right there.
Hey, well things, they makingtv shows about this stuff, okay.
Speaker 1 (11:43):
It's called Coupon Wars if you haven't seen it.
Speaker 3 (11:48):
It's a thing, it's a.
Thing.
Speaker 2 (11:49):
It's a thing, but it's our savings.
Speaker 3 (11:52):
That's right.
So shoes or kicks, kicks.
Gotta get a discount on mykicks?
Yeah, we all know.
Speaker 2 (11:58):
We all know how many, how many.
Speaker 3 (12:08):
If you got kids, they want the latest the the newest
jordans, the newest nikes, thenewest adidas, the vans, the all
, all the above man, all theabove pumas.
Yeah, seriously.
And if you're in there buyingthree, four pairs of kicks, if
you just ask you might get adiscount.
You might not, but youdefinitely won't if you don't
ask.
Okay, all right.
So check out your kicksElectronics.
(12:29):
Oh, bro, you know electronicsis my thing.
Speaker 2 (12:32):
I know that's the idea.
That is my thing.
Speaker 3 (12:36):
I'm always looking for a discount, Always looking
for a discount for electronicsbrother, if you guys don't know,
mike, mike you know, he isalways prepared with an
electronic device for almost anysituation, any situation
brother I mean, we had somethinggoing on in the studio the
other day and I was like man, ifwe only had a hold on a minute,
(12:58):
he went, disappeared, came backthree minutes later.
I I was like do you have thisstuff on tap or something.
Mike is prepared All right Allday, so you know he gets his
discounts on that.
All right, the movie theater?
Speaker 2 (13:12):
Oh, wow, that's all day, all day, if you like, the
movies.
Yo, right now, these days, twopeople going to the movies is
almost $100.
Speaker 3 (13:28):
Bro remember when you could take your family, your
family, to the movies what forthat's so crazy it?
Was like family night themovies.
Speaker 2 (13:32):
It was very, very affordable, but now two people
you could easily spend a hundred, easy spend, and that's that's
not even going to eat anywhereelse.
Ladies and gentlemen, we'retalking about you.
Go pay for the ticket.
Speaker 3 (13:44):
That could be $20 each Don't go to the recliner
theater.
Imax, what, what you're tryingto say is you're trying to max
out, no problem.
Speaker 2 (13:56):
IMAX 3D.
You stepping it up.
We like you.
Speaker 3 (14:01):
They call it IMAX for a reason Exactly I'm paying the
max.
Speaker 2 (14:05):
Exactly, the max is coming out of your pocket to see
the movie.
That's good, so you got thatgoing.
Then you go to the concessionstand and I think we're the only
society I think that goes tothe movies and is okay to pay
(14:26):
for a hot dog for $5.
, $5, man, $5, a hot dog Likethat's crazy, yeah.
Speaker 3 (14:34):
no mustard, by the way.
Speaker 2 (14:35):
No mustard.
Speaker 3 (14:35):
No chili.
Speaker 2 (14:36):
Well, they actually kind of give you that free.
The mustard, ketchup they giveyou free and relish.
Speaker 3 (14:41):
Okay, well, that's good, but you put chili on it.
No, no, no, but they don't putit on there for you.
Speaker 2 (14:44):
No, no, no.
Speaker 3 (14:45):
You know what I'm saying?
That's not happening.
Speaker 2 (14:48):
You definitely don't get no chili, a bucket of
popcorn.
You know something?
You go to the supermarket.
You probably pay a dollar for.
You pay $10, $12.
For real, for a bucket ofpopcorn.
Speaker 3 (15:00):
Hold on, you get free refills?
Speaker 2 (15:03):
Nah, not if it's not the big one.
Oh, that's right.
Speaker 3 (15:07):
If it's not, not if you don't buy the large, if you
don't buy the large, it'd belike yo step to the left brother
.
Speaker 2 (15:13):
Step to the left.
Speaker 3 (15:17):
So but they do have reward cards.
They do have coupons, that youcan get and there's an app
called we're not sponsoringVandango, but Vandango.
They actually got points youcan save up.
Speaker 2 (15:33):
There's all kinds of apps.
That's what we're talking aboutEntertainment kind of goes in
with the same Going to DisneyWorld, dave and Buster, those
deals all the time, even if theright right going to disney
world or dave and dave andbuster's got those deals all the
time right.
Speaker 3 (15:49):
So look, even if you're not gonna um spend all of
that right now, at that time,if it's something that you have,
you know dave and buster weekof the month with the family,
then you know, get the deal, if,if we can, if it's affordable
for us and we can do it, get thedeal at the beginning of the
month and then boom, we mighthave enough for next month.
There you go, and then we'reonly spending that every other
month.
So it's just, it's strategizing, right, right, this is all
(16:10):
finance, all right.
And online, oh gosh.
Speaker 2 (16:13):
Online shopping, oh man so so just just a little bit
of education on that.
They have extension and I don'tknow if, if people are into
online shopping, they haveextensions where you go to
different websites that searchfor coupons, search for Amazon.
I know, if you shop on Amazon,always look at the bottom of the
(16:36):
product.
Sometimes, if you don't checkthat one box, you're going to
lose out on that 5% saving twodollars off three dollars, or
they're doing that, you know,because there is a saving or the
company's offering this rebate.
But if you don't check the box,if you don't ask in this case
it's not as if you don't look ifyou don't look, yeah, you ain't
(16:57):
gonna get the savings and a lotof times, man, I know I won't
even do it unless I see prime onthere, right, you know what I
mean with.
Speaker 3 (17:04):
Mean With the Prime discount, I know, but they do
have.
Speaker 2 (17:08):
Like I said, we're not sponsoring anybody out there
?
Speaker 3 (17:10):
No, not at all.
Speaker 2 (17:11):
But they do have extensions.
Where an extension is thewebsite you can add onto your
search engine.
That will automatically let youknow if there's a coupon for
this particular product thatyou're looking to buy, and it
could be on the actual company'swebsite or like a seller or
(17:32):
whatever.
Speaker 3 (17:33):
Yeah, a seller company.
Yeah, yeah, yeah.
Speaker 2 (17:36):
So you could do that.
So just keep in mind whenyou're doing those searches for
those products.
A lot of people ordering onlinethese days and there's a lot of
money that could be saved thatis not being saved.
Speaker 3 (17:48):
That's true that's true, and the banking, the
banking is.
Speaker 2 (17:51):
Talk a little bit about that, mike well with the
banking you know you, if you're,if you're banking these days,
it depends on what bank accountyou have, the savings you can
have sometime.
You know there's bank fees andthere's multiple type of ways
the bank is making money, butthey want to keep your money in
their bank because the real waythey make their money is taking
(18:12):
your money and reinvesting itYep, or lending it out or
lending it out but theycapitalize or they profit
through fees fees.
Now, if you there are certainmoney or certain things you
could do with your banking,keeping it at a certain account,
certain type of accounts, youcan get that will.
They won't charge you monthlyfees.
(18:34):
Or they won't charge you forthis, they won't charge you for
that.
so just keep that in mind whenyou're at a bank or you're
banking with uh, uh, uh uh, oneof these big banks you know, and
they have ways for you to avoidpaying those fees and that's
money back into your account,technically, because it'll never
come out, because you were ableto either maintain a certain
(18:57):
balance, know what that balanceis or, uh, have a certain type
of account that it won't chargeyou.
Okay, all right, so that that'sone and um I.
I also see here the creditcards, credit cards at the bank,
yeah yeah, you in miles rewardscash back, yeah all those
(19:18):
discover, discover, yeah, yeah,yeah, discover back from
yeah, discover has been doingcash back for him.
Yeah, discover been doing cashback yeah discover, been doing
cash back forever, but now theyhave discovered debit, and then
all these banks have some typeof cash back.
In other words, they're nottaking all the money they
actually could take from you.
(19:39):
Yeah, I mean it adds up, but itdoes add up a year to be a
hundred, a couple, right younever know, right right, how
much you're using Right right,and there was the aspect about
the cars.
Speaker 3 (19:49):
Right Now, the car is a little bit tricky.
Yeah, this is extra credit,okay for us Europeans, this is
extra credit.
All right.
We've talked about advancedplanning strategies and
strategies like IULs, where youcan essentially have this
financial instrument and use itto leverage your money.
So, instead of going to get a15 percent loan on a car, let's
(20:12):
take a car, for instance.
You go to buy a car, mike, ok,and you want to leverage that
transaction, all right.
So instead of you going to goget a 15 percent loan which
interest rates are ridiculouslyhigh right now percent loan,
which interest rates areridiculously high right now
let's say you've already donesome things that finance bros
has taught you, taught you, andyou've put these things in
practice.
And then, all of a sudden, youhave the ability to not only
(20:35):
borrow from that IUL that youalready have in place at 3%, not
15%, okay.
Speaker 2 (20:45):
So now you're your own bank.
Speaker 1 (20:47):
There you go, okay.
Speaker 3 (20:48):
So you are your own bank.
You are borrowing from yourselfat 3%, at 3%, yeah, instead of
15%.
That is huge.
That is huge.
Get this All right.
Go and get that same car, okay.
So now you're paying on thiscar, and not only that, but the
money you borrowed from your iul.
Okay, the principal is stillearning interest at 10, 12, 15
(21:13):
percent, wow, eight on average,okay, depending on what the
market's doing.
Wow, wow.
You.
Go and use that, ask, use thatmoney to purchase that, that car
.
It, the principal is stillearning interest as if you've
never removed a dime.
Oh my gosh.
So now you're making money onyour money.
You basically paid yourself tobuy a car.
There you go.
Speaker 2 (21:34):
All right, there you go.
Can you imagine that?
That's the biggest saving?
That's the biggest saving.
So we're not going to go intoIUL.
But here's a benefit and thisis a savings.
We talk about IUL as a more orless saving type of account,
like a savings account.
Yeah, we do.
But there are additionalbenefits to this type.
Speaker 3 (21:54):
There's a lot of additional benefits A lot of it,
and there's so much we could gointo with that.
Yeah yeah, but let me break itdown one more time.
You borrow from yourself.
You have an IUL in place.
You've been funding it for awhile.
It's matured already.
It's ready to be utilized.
You borrow from yourself at 3%instead of borrowing from the
bank or the credit union at 15%or 8%, 10, doesn't even matter,
(22:16):
it ain't going to be three, evergoing to be three.
You go and buy that same car,that car, you're now driving it,
but the money you borrow fromyourself is still earning
interest, as if you've neverremoved a dime.
All right, this is big.
Speaker 2 (22:30):
Yeah, that's huge.
And technically you still gotto pay that money back because
again, it is borrowed.
You didn't take it, you stillgot to pay it back, but you're
paying it back at your rate, ata rate you can afford to pay
back.
They don't even tell you whatrate you should pay back, but
you should be paying it back,whether you put an extra hundred
in there back on what youborrowed, or you pay 200, or you
(22:54):
go back to 100, depending onwhat's going on.
But you pay it back.
You know, and once you finishpaying it back, you can do it
again.
Speaker 3 (23:02):
Exactly, and I'll go one, pay it back.
You know, and once you finishpaying it back, you can do it
again Exactly.
And I'll go one step deeper Alot of times.
The insurance company onceyou've had the plan long enough,
they'll actually credit you thenext year to offset the 3%.
Oh wow, look at that.
You can't lose.
You can't beat that.
Speaker 2 (23:16):
You can't lose, you can't lose you can't lose, so
we'll always go back to ourepisode.
Look at, there is an episodefor iul, yeah, but uh, we'll,
we'll definitely always touchbase on on that again because
you know it's how we said it.
How we say it or how wepresented it.
It might be in a different waythan and it might be an aha
moment for somebody at this timeyeah, that's true, because, you
(23:37):
know, we always, we always talkabout the scenario right you
know the, the, and then all of asudden somebody says man you
know what?
I got it Right, right.
So you never know when you'regoing to get it.
Never know it's going to click,that's what's up, but you know.
So we just want to go back on.
The thing is we should not everforget to ask, right, exactly.
(23:58):
We can't forget to ask and wealways should negotiate.
Who says you can't negotiate?
We?
Always should negotiate, alwaysnegotiate.
Sometimes you may not have thepersonality to.
That's true, you know somepeople are timid about that.
They feel the price is theprice.
But it doesn't hurt to ask,don't hurt to ask.
It doesn't hurt to ask.
(24:18):
Or say, hey, can I get a betterprice on this Right?
You know to ask so.
Or or say, hey, can I get abetter price on this right?
Speaker 3 (24:25):
you know, is this the best price that they can be?
You never know.
What's that saying, mike?
What if you don't ask?
Speaker 2 (24:28):
the answer will always be no exactly and you
know for the aggressive type ofuh uh wealthians out there
haggling.
I know that haggling is a realaggressive.
But but you know you got a lotof foreigners.
That's what they do all day.
Sometimes they own the store.
They won't let you walk outthere.
So what you would willing topay for it, Come back, come back
(24:50):
, come back, come back, and wedon't see the end result.
Speaker 3 (24:55):
But it don't matter if they batting percentages two
out of 10.
Right, at the end of the month,the end of the year, right is
two out of 10.
Right, at the end of the month,the end of the year.
Right, how much does that two?
Speaker 2 (25:05):
out of 10 add up to Son of money, yeah.
So just think about thatwealthy, all these things, these
nuggets we're giving you, isfor you to save money, yes, you
know.
So just keep that in mindset,and that's our mission at
Finance Bros Network networks toalways make sure that you have
that in your mind.
To save money in asset, makingmoney remember a personal
(25:27):
profitability, personal profitback into your pocket straight
to the simple.
Speaker 3 (25:31):
At the end of the day , we want to help people make
and save money.
Speaker 2 (25:36):
That's right period where every reward you can
program you can get into whereyou shop every, because now
you're doing it thanklessly.
You're not even thinking aboutit, like I don't go to the
supermarket.
If I don't have my rewards card, I ain't going to the
supermarket.
That's true.
I mean I'll be like woo and I'mlooking.
There are tags that says if youhave your reward cards, you can
(25:58):
save on this.
If you have your reward cards,you can save on this.
So make sure you have yourreward cards and they actually
have.
Most supermarket has it as anapp too, so just make sure you
put it on your app, absolutely.
Speaker 3 (26:08):
On your phone.
I know sometimes we go andwe're like you know what?
It's not a big deal.
It's not a big deal.
If you add up all your, it'snot a big deal.
At the end of the year you'd bepissed off.
It's probably a big deal.
Speaker 2 (26:22):
You'd be like dang.
I should have used my rewarddang guess what?
It's a big deal yeah, it addsup so let's just jump into the
literal mental spiritual brother, all right all right.
So the literal is whereveryou're shopping and whatever
you're spending money on, makesure you get the benefit out of
(26:46):
it.
Yes, so that's the literal.
Wherever you go and you'rewalking to it, you're shopping,
you're taking money out of yourpocket.
Figure out how to get a benefitout of it.
Man, I love that becausethere's a benefit there, there
you go.
Speaker 3 (26:58):
There's a benefit there, I know there's one.
Speaker 2 (27:01):
There you go, so figure out what it is All day,
all day.
Speaker 3 (27:05):
Guess what they trying to get you to spend your
money Right, so they're going tomake sure that there's a
benefit in it All day, all day.
If you just got to figure outwhat it is, that's it.
I love it.
Speaker 2 (27:16):
So the mental is to keep in mind whenever you're
saving money, you're puttingmoney back into your personal
profitability, aka pocket pocket, putting money back in your
pocket.
Keep that in mind.
I got in your market.
That's the mental.
Put it in your, put money inyour pocket.
Put it in your pocket, put itin your pocket.
Speaker 3 (27:37):
I like that.
That could be t-shirt numbertwo.
Put it in your pocket.
What you got for them, for thespiritual, all right, man, I got
you.
So look, this is deep.
The joy of saving money orrewards is a benefit to your
bank account and is the bestfeeling in the world.
(28:00):
Oh, man, man, that hits meright here in the heart.
How did you feel when that ladytold you oh my Ecstatic Elated
Joyful.
I could feel it and I could seeit.
Joyful, yeah.
Speaker 1 (28:12):
Yeah.
Speaker 2 (28:14):
Oh, she said actually oh right, here, right right.
Speaker 3 (28:24):
And she said don't forget to ask next time, because
I think we got 50 for you.
Save it all for real, oh man.
Oh, I'll be back.
You go, you're gonna go see abaseball game you know somebody
so you know the tickets.
Speaker 2 (28:33):
There was, it was a gift so it just worked it's all.
It worked all the way aroundbro if I had.
If I had a coupon for for thebeverages and the in the in the
food that I was gonna get at theconcession stand, I would have
gotten it too, because Idefinitely was looking for it
but didn't have it on the appbrother that's.
Speaker 3 (28:55):
That's so great, man.
This this has been such a fun.
I didn't even realize it'sgonna be this much fun doing
this episode I love it, brother,I love it hey man, hey hey, I
didn't just hit me.
It's not what you make, but howmuch you can keep there you go
and it ain't what you spend, buthow much you can save save.
Speaker 2 (29:13):
Okay, I thought you was gonna throw me a rhyme a
rhyme in there, but what's?
Speaker 3 (29:21):
the t-shirt, brother, what's the t-shirt?
The t-shirt is all right, soall right.
So the t-shirt for the episode,bro, let me give it to them.
Give it to them, give it tothem.
This can almost be a song,right, don't lose your cash just
ask it's almost a country songDon't lose your cash, your sass.
(29:42):
But, that would be a prettycool key.
It really is because sometimesall you got to do is ask.
Speaker 2 (29:49):
Right, you know what I mean, so I love it, brother, I
love it.
Be a perfect T-shirt, bro.
Perfect T-shirt, there you go.
Speaker 3 (29:58):
I think I laugh more this episode than we probably
ever laugh After the minute.
Speaker 2 (30:04):
Hey, when you're saving money, it makes you feel
good, don't even money you smile, there you go, yeah cheek to
cheek.
Maybe that should have been theseizure I told you we were
averaging.
Speaker 3 (30:15):
We've been averaging three t-shirts episodes without
even trying.
I'm telling you, man, we'regetting it, we're getting it,
we're getting it.
Speaker 1 (30:21):
Oh man, but that's why it's Finance.
Speaker 2 (30:23):
Bros Network, that's what we're here for our
wealthiers to make sure thatyou're getting paid.
You're building that wealth,and that's all the mind of a
wealthy and, believe me, therichest people in the world.
This is what they're doing.
They're figuring out you trustand believe the man who built
the billionaires at the top.
They don't go into a deal untilthey know they getting a
(30:44):
discount or getting a deal forit.
Speaker 3 (30:46):
So, truth be told, that's what's going down,
brother, I would have you saythat again.
If a man, for real, that wasdeep, that's for real, that is
so true.
So why we as wealthy is?
Speaker 2 (30:58):
not make mimicking that?
Why are we doing exactly everyday, everywhere we have to take
on, put our money?
How can I put some money backin my pocket?
Speaker 3 (31:06):
because it's definitely going back back into
my personal profit find somebodywho's getting what they want
and figure out what they'redoing please there you go, I
love it brother all right man, Ithink they didn't work, but
they probably at work right,right, right to work by now I
think we got them through thecommute yeah, I think we got
them through the commute.
They're good, they're like okaywhat else you got to say,
because I gotta go in before.
(31:27):
I can't miss punching the clockhey, all we gotta say is make
sure y'all check us out at ournew home on hhn tv.
Finance bros network is comingto television.
Release dates are coming soon.
Don't forget to come check usout.
Obviously, on all your socialmedia podcast platforms apple
podcast, iheart radio, googlepodcast, spotify might be up
(31:49):
down left right depends on whichyou know social media platform
you're watching on.
But don't forget to come checkus out and, as usual, I
appreciate you and we'll see youat the bank.
Speaker 2 (32:01):
All right guys.
Speaker 3 (32:02):
Take care world Peace out Peace.
Speaker 1 (32:31):
Thank you, thank you.
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