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August 22, 2019 15 mins

Greg T and Garrett talk about a survey , things millionaire spend their money on. 

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Speaker 1 (00:03):
What would you talk about on your on your podcast?
Elvis to represents fifteen minute morning show and we've got
fourteen minutes at forty five to go, Garrett, let's not
waste any time. Great See, I can't tell you. I
just like mix it up. Like I've been a club

(00:26):
I want to saying, Ready, here we go your party people,
get it going, party people come out. Now your club boys, Yeah,
he got turn it on us. I go, ladies, your ladies,
shot ladies. What's funny that you know before we even
started you had me fix the button and you didn't
do anything with the button. Now you did. Now I

(00:46):
want to play mix up Chow. It's a fifteen minute
morning show podcast. I'm Greg T. That's Garrett, sir, and
you always know the deal. Whenever I'm here and Garrett here,
it means bigger name online too. So anyway, while the
morning show is taking care of what they gotta take
care of, we're sitting here taking care of you guys.

(01:08):
And uh. The question is always asked in the very
beginning of the fifteen minute morning show podcast. The question
is always asked, what would you do if you had
your own morning show? What would you do if you
had fifteen minutes to talk? What would you want to
talk about? Does anybody that's listening to this podcast ever
think about it? If you had fifteen minutes on the

(01:29):
radio with a microphone in hand, what would you really
talk about? Would it be politics? Would it be entertainment,
Would it be a recipe? Would it be shopping? We
get this a lot too, and I'm sure I'm sure
you more than anyone else of people just assumed that
it's easy. Yeah, it's really not easy, because you gotta

(01:50):
kill you know. What would you do? Where would you go?
Things you talk about, shoutouts to friends, all those kinds
of things that all comes into play. So here we are, Garrett,
fifteen minutes. Um, so great to eat. Little quiz, little quiz.
Here we go. Yeah, what do you want to talk about? So?
I was reading a survey. They survey fifty five millionaires

(02:11):
and the top things that they splur John, Yeah, you
want to try going top five things millionaires or John
splur John? Okay, I like this. You know what? I
like this? I see this as like a recurring bit.
Survey says like they can have a game about that.
So five things? Couldn't you make a game out of it.
You have two sides. You give a survey, and then

(02:31):
people on each side had to like tell what these
five things could be. You know, whatever it might be,
whatever subject matter could be. Right, good thing you don't
have a timer because you would be you would be
out of time already. All right, Top five things millionaires,
uh splurge on which means like it's not you know,
they put the most of their money into this, these things.
All right, I'm gonna say one of them. I don't

(02:54):
know which order. I'm gonna say a yacht. No, yacht
not on their yat is not a top five No,
that's but see, that's the stereotype. You just you just
think car, car car cars. Cars number three only said
they splurge on cars. Some claim that they are don't
get I'm still guessing. Well, no, no, that's one. I'm
I'm well, you got one answer, right. Boat it's the

(03:16):
same thing, yachting boat, I mean boat and yacht, whether however,
you want to look at the same thing. That's so,
let me finish with cars. Cars only spoilers on cars.
Some claim that they're fairly frugal and if they buy
a luxury car, they keep it for a while. So
a few even said that they buy use cars just
like you. You know, does that let me tell you something?
You do? I do? But my uncle, my uncle, who

(03:39):
could probably buy new cars all the time, he always
chooses a pre owned vehicle all the time. Could save
some money, all right, all right, So we're looking for
four more four more things that millionaires splurres billionaires, millionaire millionaires, millionaires,
um summer house beat how summer house really? If you're

(04:03):
thinking to like stereotypical, broad like things that they john
private airplane travel, travel, its first class airline tickets. Number
one is travel. Sixty percent mentioned that it was. It
was almost twice as many mentions as anything else in
the survey, and a lot of them talk about how

(04:23):
important vacations are, so more about vacations and travel. So
that's the number. That's the number one out of the
five find their own airplane. No travel millionaires millionaires can't
afford airplanes. Well some I mean maybe getting to a
timeshare on a on a private plane. Now, why are
you talking rich people's talking? You have no idea this
is I would imagine that this is you, assuming this
is you stereotyping millionaires. I would imagine that if you

(04:45):
had their names. Also, aren't Richie rich? All right? So,
but but how many millions qualifies you as a millionaire.
That's the other thing I know, Like, Okay, you can
make you make it one million dollars or a millionaire.
But that's a million. Yes, a million, you're a millionaire.
But you you make a million dollars a year, you're
a millionaire. But you can't, like if you only had
a million dollars, just one million, you could not like

(05:07):
live the rest of your life on one million dollars
for the form you could not. Once you make a
million a year, you can. Oh, if you make a
million a year, then yes you can. But one million
dollars and like you're gonna go retire, that can't happen.
You don't. That's not enough money to retire. I love
how you're taking this game and making it your own.
I never said anything about how much they make. So

(05:28):
if you have a million dollars, trying to justify why
you have wrong answers, you know, I said, if you
wanted to be a part of a private airplane, yes
you're right. Guy that has one million dollars cannot but
you could feasibly buy into a you know, a time
share of sorts. This goes from one million dollars all
the way through to nine. That's unfair to say that

(05:50):
they're SI a millionaire because after you crossed that threshold,
you're a billionaire. I don't qualify somebody that only has
a million dollars. It's math. I know you didn't do
well with math. You can't be a millionaire if you
only have one million dollars. The reason why because according
to who you wait, the name millionaire is in my mind. Okay,
just in my mind, and that's the problem. Well, this

(06:11):
is how I associated So in my mind, I believe
that if you have one million dollars, technically you are
a millionaire. But in my mind I think of a
person that is a millionaire as someone that has a
lot of money, like like a million dollars. Well no,
but I would know like if you if I if

(06:31):
you're very very rich, I would say, oh, he's a millionaire,
she's a millionaire, right, But if you got one million dollars,
that to me is not a I know, technically it's
a millionaire, but I wouldn't classify because I'm like what
are you gonna do with that? All right, so we
do a million dollars. You have a million dollars, so
we waste that money. You're not going to survive on
a million dollars. We figured out travel and cars. We're

(06:53):
looking for three more things that millionaires according to this survey,
and not great team in cars um vacations. We said, right,
travel and cars are already taken. So we're looking for
three more things. Uh, swimming pool in the backyard. I'll
give you one more answer, then I'll tell the other
three something millionaires by watches, watches, jewelry, jewelry, diamonds. We'll

(07:18):
start number five clothes. Only seven percent said that they
spend a lot of updating the wardrobe. So apparently it's
not a huge priority for most millionaires. Because it's not
clear how many of them were men or women. It's
just says, you know that they spent only out of
the survey, Uh, number four wine. Nine said that they

(07:38):
spend a lot of drinking or collecting wine. That's a
that's a very millionaire s thing is collecting wine. You
collected like the expects of bottles of correct, But a
few of them were very into it. Let's see. And
the number two thing that millionaires splurge their money on food,
including eating out and cooking at home mentioned in the

(08:00):
thinking like this is that that's that I've been tricked.
And here's what. Here's just some other throwaways that they said.
They said that they do spend on boats, concerts, sporting events, gadgets,
and watches. I said watches like that didn't make the
top the game was the top five. I don't know

(08:21):
any millionaire that has a like a you know, brand watch.
How many millionaires do you know? I don't How many
do I know? Like, that's a good question, that's that's
a really good question. How many millionaires do I know? Okay,
I'll be honest. I'm gonna say I know. I'm thinking
in my mind right now that like that that I
that I could talk to at any moment, like at

(08:41):
any at any time. More family, How many do you know? Okay,
I'm gonna say one, two, three, Now people we work with?
Does that count? Does that count? People? Yeah? So yes?
All right, So then there I don't know. I mean,
I'm gonna say that there's two down the hallway. I'm

(09:03):
gonna say that there's one over here, that's three. And
mind you people on pointing because I don't want to
give names that it's that it's wrong for me to
give names. So okay, so that's three yourself. I did
not point that myself. You know, I am not. I
want to get out. And underneath this there is a
stigma here that radio people make a lot of money.

(09:24):
I do not. I do not. Radio people do not
make the money that people think radio people do. Now,
the names of like Howard Stern, you know those guys
that guy Rush Limbaugh, Uh, you know, Mike France Sessa
on a radio on the on a sports channel. You know,
some of those guys are head honchos. They are true millionaires.

(09:49):
But the rest of us that work on the radio
that do not have our own shows like that, we
are not millionaires. You need to have your own show
for X amount of years for yourself to even be
considered to make one million dollars. It's just that that's
not the way it is. It's not, it's not it
would be. It would be an eye opener to a

(10:10):
lot of people if they really saw our paychecks, it
would be an eye opener. They would be shocked. They'd
be like, no, way, I thought you made more than that.
I one time I asked. It was me and Scary.
We were in Miami and we were in a pool
and Scary and two of his other buddies with us.
We're hanging out. We had some drinks and um, I
forget I think the waitress knelt down by us and
she says, hey, does anybody want to know the drink?

(10:32):
What can I get for you whatever? And I was like, yeah,
I'll have a drink. And I said, tell him what
put it on? Put it on my room. And one
of Scary bodies was like, yeah, he's got money. And
we all know we're joking around, but I don't have money.
So I said to him, I said, how much do
you think? Scary and I make, like, really, let's let's
be uncomfortable. Throw it out. What do you think Scary
and I make in salary? And he threw out a number.

(10:53):
I looked at Scary and Scary blasted laughing. I started laughing,
and they were looking at us like number, and well
they thought it was a feasible number, like they really
thought it was an absolute feasible number. I'm not going
to go into it, but but it's not the number
you make though, So so then what's the point what's
the number that they throw, because then it would also
give people are listening, Uh, you know, an idea, and

(11:14):
that's But isn't that the point of this conversation where
you're trying to break the stigma that people think you're
a millionaire? Well, okay, so I mean they know I
don't want to I don't want to go there. I
don't I really don't want it. It's very uncomfortable. I
don't want to go. Did they say like a half
a million dollars? No, they actually came lower than that.
They came lower than that. They came lower and we
still said, no, it's not I don't want to go
into that. Maybe in the quarter area, but still we
still said no. We said, and that's where Scary was laughing.

(11:36):
So it's lower than a quarter, of course it is, dude,
you know that. Well, I'm asking because people are listening
right now. You said you wanted to break the stigma.
You know, people, people gave you a number, your friends.
It is very uncomfortable. I'm I'm sweating right now. My
leg under the under the under the desk is shaking
right now, shaking. Yeah, well that's that's because you have
a tick I want shaking. But but if people are listening,

(11:57):
you said your friends throughout a number and and we're
talking about the people can google it. You can go
and google stuff. But you know, Google is not wrong
because because Google, that's right. Google says I make two
million a year. Google says you make two million dollars.
You've been married twice. No, Google's wrong. Google is wrong.
Do not No, a matter of fact, do not google
Gregg T because that will give you wrong information. Speaking

(12:18):
of Google and Greg, did you google my salary? Yeah,
google my salary salary? All right, all right, let's go,
let's go. Let's google this salary. It's wrong. I already
did it myself. Yeah, you're well, no, you're over two
million dollars according to the survey by pay Skill and
average estimated salary for a radio host ranges between twenty
three thousand and ninety two. So you're you're way above average.

(12:41):
And this was this was almost two years ago. Okay,
but no, but you're definitely making more. You're definitely you're
definitely making more. Then those numbers are fair. Those are
fair numbers. But that's not you know, like I said,
the reality of what radio people make. We are nobody
here is making that kind of crazy money that people think.
It's just not real. That's not what radio people make.

(13:02):
It's just not it's not And it's it's funny how
people always assume that, you know, radio people are making
a lot of money. You need to have your own show.
You need to be a a a bona fide winner
on a show for X amount of years for you
to even qualify to hit that standard of the millionaires.
According to Google. You're apparently on your way on that

(13:24):
one because there's there's a new trend when you're typing great,
it's not happening anyway. That's the funny thing about making money.
And you know, why is it weird? Why do you
think it's weird that people will not share their salaries?
I don't know. You tell me, you're the one that
doesn't want to say it. But you know, in sports,
all the athletes they all know how much each other
makes because their their contracts are always your public right,

(13:45):
So why aren't we public? Why don't people that you
work within the office. If you're listening to the podcast
right now and you're sitting in a cubicle, wonder why
isn't the guy next to the woman next to you,
why isn't her salary public? Because a lot of it
with courts is that fans, when you know, when they
go into a stadium, essentially they are playing paying customers,

(14:07):
and essentially they are paying you know, said player to
a degree, whether it be concessions, buying a ticket, buying,
everything goes back into the team. So essentially it's like
public knowledge that way, it's not. And plus it's also
for the promotional aspect of you know, so and so
is the highest paid quarterback in all of the NFL.
Uh So there's there, there's that you could always challenge.

(14:30):
You can challenge your agent, you know, to go get
more money for you correct negotiation too. We gotta get
ready to wrap up here. We only have twenty seconds.
I can't believe we actually got into a really good
topic here, Like we really still haven't said how much
you made. I'm not saying anything. I'm not doing that.
We know it's less than a quarter of a million,
so it's much less, much less, not even. Please, let's
think about what we talked about today. Maybe we maybe

(14:54):
we hit say it on something hopefully minute morning show.

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