November 25, 2025 • 5 mins
Amy talks with the host of ‘How to Money’ Joel Larsgaard about Black Friday return policies, nostalgia buying, and a possible bear market.
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
And now we found Joel. He was lost but now
he's found. Was blind, but now you can.
Speaker 2 (00:05):
See Ajeel a man.
Speaker 1 (00:07):
Thanks for joining us this morning. So I told listeners
while we were waiting and trying to find you that
we really need to be careful about return policies as
we go out and start throwing our money out on
Black Friday.
Speaker 3 (00:20):
Yes, oh my goodness, you're going to be drawn to
the sales they have already started. They are insane and intense,
and there's some good deals to be had out there.
I want to remind people it's not a great deal
if you don't need the item, right, Like fifty percent
off is awesome, but like, do you actually need it,
then can you actually afford it? It's really important to remember.
And then also, well can you return it if it
(00:43):
turns out that's not something that the person you love
in your life actually wants, or like, just make sure
you keep the gift receipt and make sure you know
the return policy for each retailer, because there's yeah, there's
there have been some changes for some reat tailors this year,
and so you just want to make sure you're up
to speed on each retailer and you know. That's why
(01:06):
shopping from certain retailers like truly somebody, like shopping from Costco,
you just know that you're going to have a very
generous or term policy on every item electronics for like
ninety days, and then everything else is kind of like
a hey, bring it back whenever, And that's just kind
of some nice peace of mind. So even if you
spend just a tiny bit more, it might be worth
it to get a better return policy.
Speaker 2 (01:27):
Joel, are there.
Speaker 1 (01:28):
Any companies that you know of specifically that have really
bad return policies that we should really be watching out for.
Speaker 3 (01:36):
You know, I think more than anything you want to
be careful with small retailers online, they might have And specifically,
we've seen this a lot with more clothing retailers, a
lot of final sale items, and those final sales when
it says that it typically means you can't return this
at all. It doesn't matter it didn't fit, you didn't
like it, it was a little misshapen. It's like nope, sorry,
(01:59):
like this this is yours for good. So, especially if
you're buying a final sale item online, be really careful.
The deal might be spectacular, but if it doesn't work
out for you like you're just out the money. Then
you're probably donating that to good will or giving it
to a friend or something like that, because hoping that
they can get some use out of it. So definitely
watch out for final sale items and know with some
(02:20):
of those smaller retailers you might have a really crummy
return policy. And if you're doing shopping in advance, the
clock starts ticking right on that return policy. The closer
you buy to Christmas, hey, you might have some a
decent window on the back side, but the earlier you
buy your item, then you know you might not have
much time after Christmas to make that return.
Speaker 1 (02:39):
Well I thought about that because actually I found something
for one of my friends. I don't know if you
guys have had this happen, but I got to get this.
And then you go, oh, what if they don't like
it and you've bought it three months in advance, knowing
that there's just a thirty day return policy. So I
didn't buy it, and now I've forgotten what it was
and it was going to be.
Speaker 2 (02:54):
A great present.
Speaker 3 (02:57):
See that's the downside of pre planning, right, is that
then the return policy can flap you around a little bit.
Speaker 1 (03:02):
Okay, so just be very weary and even on Amazon,
be leery of it because I've bought a few things
on Amazon and then went to return them. They're like, oh,
this is ineligible. So when you're buying it, check for
the return policy.
Speaker 3 (03:14):
That's exactly right, especially I mean food products on Amazon.
Of course understandably you can't return those at all. And
there might be exceptions, right, you might be able to
bark up the tree of customer service and offer an explanation,
but who wants to do that? So just know in advance, Hey,
what does the short term policy?
Speaker 2 (03:31):
Look it up?
Speaker 3 (03:32):
And sometimes for a lot of retailers there are special
holiday return policies. We'll give you through January fifteenth or
through you know, if they're bought in let's say after
November fifteenth. So just yeah, it can change for the holidays.
Just know what you're getting into. Make sure that's something
that's as you're buying gifts on your mind.
Speaker 1 (03:49):
Okay, and then real quick, let's talk about nostalgia buying
for the holidays.
Speaker 3 (03:54):
Oh, so this is an interesting one and we're seeing
kind of people under like I don't know, like saying,
what was it from my childhood? That is resonating now
and even like the kids toys and stuff like the
Ninja Turtles are back in Super Mario and stuff, and
those were toys for my kids for my day and age,
and now my son is into that same stuff. Legos
are huge, and it's just it's it's interesting to see
(04:16):
people buying and spending more sometimes for nostalgic goods and
even buying used goods because it means that's the only
way they can get the items they want. So certain
items like apparently old school Lulu Lemon leggings like from
a decade plus ago are in again, and so people
are like spending big money on Poshmark and thread Up
(04:39):
and these these secondary sales sites where you're getting used
clothes but you're not spending use closed prices. People are
classifying them as like vintage leggings and stuff like that.
So I did not know that workout gear could eventually
be considered vintage. That actually seems kind of ridiculous, like
give it what you do in your workout gear. But yeah,
(05:00):
but this is a thing and people are into it.
And so yeah, if you love those leggings and that's
something you're really into. More power to you just know
that like the way people are going to sell those
items and market those items, it's going to make it
seem like it's this fleeting thing. You've got to get
it now. It's these vintage leggings, and I think people
are going to pay too much for some of their
nostalgia hopes and dreams.
Speaker 2 (05:22):
Supply and demand, right, that's right, and just marketing man,
make people think that this is a limited time item
because hey, there aren't many of these left, and you're
going to be able to get people to cork over
more money.
Speaker 1 (05:34):
For it because most of them are all stanky and
they've been thrown out.
Speaker 3 (05:38):
That's exactly right. There really is a limited supply.
Speaker 2 (05:42):
All right.
Speaker 1 (05:42):
The host of how to Money on KFI, Joel Larsguard
You can listen to them every Sunday from noon to two.
You can also follow them for great financial advice tips
at how to Money.
Speaker 2 (05:53):
Joel appreciated Joel says, Samy
Speaker 1 (05:55):
All right, glad we found you today,
And now we found Joel. He was lost but now
he's found. Was blind, but now you can.
Speaker 2 (00:05):
See Ajeel a man.
Speaker 1 (00:07):
Thanks for joining us this morning. So I told listeners
while we were waiting and trying to find you that
we really need to be careful about return policies as
we go out and start throwing our money out on
Black Friday.
Speaker 3 (00:20):
Yes, oh my goodness, you're going to be drawn to
the sales they have already started. They are insane and intense,
and there's some good deals to be had out there.
I want to remind people it's not a great deal
if you don't need the item, right, Like fifty percent
off is awesome, but like, do you actually need it,
then can you actually afford it? It's really important to remember.
And then also, well can you return it if it
(00:43):
turns out that's not something that the person you love
in your life actually wants, or like, just make sure
you keep the gift receipt and make sure you know
the return policy for each retailer, because there's yeah, there's
there have been some changes for some reat tailors this year,
and so you just want to make sure you're up
to speed on each retailer and you know. That's why
(01:06):
shopping from certain retailers like truly somebody, like shopping from Costco,
you just know that you're going to have a very
generous or term policy on every item electronics for like
ninety days, and then everything else is kind of like
a hey, bring it back whenever, And that's just kind
of some nice peace of mind. So even if you
spend just a tiny bit more, it might be worth
it to get a better return policy.
Speaker 2 (01:27):
Joel, are there.
Speaker 1 (01:28):
Any companies that you know of specifically that have really
bad return policies that we should really be watching out for.
Speaker 3 (01:36):
You know, I think more than anything you want to
be careful with small retailers online, they might have And specifically,
we've seen this a lot with more clothing retailers, a
lot of final sale items, and those final sales when
it says that it typically means you can't return this
at all. It doesn't matter it didn't fit, you didn't
like it, it was a little misshapen. It's like nope, sorry,
(01:59):
like this this is yours for good. So, especially if
you're buying a final sale item online, be really careful.
The deal might be spectacular, but if it doesn't work
out for you like you're just out the money. Then
you're probably donating that to good will or giving it
to a friend or something like that, because hoping that
they can get some use out of it. So definitely
watch out for final sale items and know with some
(02:20):
of those smaller retailers you might have a really crummy
return policy. And if you're doing shopping in advance, the
clock starts ticking right on that return policy. The closer
you buy to Christmas, hey, you might have some a
decent window on the back side, but the earlier you
buy your item, then you know you might not have
much time after Christmas to make that return.
Speaker 1 (02:39):
Well I thought about that because actually I found something
for one of my friends. I don't know if you
guys have had this happen, but I got to get this.
And then you go, oh, what if they don't like
it and you've bought it three months in advance, knowing
that there's just a thirty day return policy. So I
didn't buy it, and now I've forgotten what it was
and it was going to be.
Speaker 2 (02:54):
A great present.
Speaker 3 (02:57):
See that's the downside of pre planning, right, is that
then the return policy can flap you around a little bit.
Speaker 1 (03:02):
Okay, so just be very weary and even on Amazon,
be leery of it because I've bought a few things
on Amazon and then went to return them. They're like, oh,
this is ineligible. So when you're buying it, check for
the return policy.
Speaker 3 (03:14):
That's exactly right, especially I mean food products on Amazon.
Of course understandably you can't return those at all. And
there might be exceptions, right, you might be able to
bark up the tree of customer service and offer an explanation,
but who wants to do that? So just know in advance, Hey,
what does the short term policy?
Speaker 2 (03:31):
Look it up?
Speaker 3 (03:32):
And sometimes for a lot of retailers there are special
holiday return policies. We'll give you through January fifteenth or
through you know, if they're bought in let's say after
November fifteenth. So just yeah, it can change for the holidays.
Just know what you're getting into. Make sure that's something
that's as you're buying gifts on your mind.
Speaker 1 (03:49):
Okay, and then real quick, let's talk about nostalgia buying
for the holidays.
Speaker 3 (03:54):
Oh, so this is an interesting one and we're seeing
kind of people under like I don't know, like saying,
what was it from my childhood? That is resonating now
and even like the kids toys and stuff like the
Ninja Turtles are back in Super Mario and stuff, and
those were toys for my kids for my day and age,
and now my son is into that same stuff. Legos
are huge, and it's just it's it's interesting to see
(04:16):
people buying and spending more sometimes for nostalgic goods and
even buying used goods because it means that's the only
way they can get the items they want. So certain
items like apparently old school Lulu Lemon leggings like from
a decade plus ago are in again, and so people
are like spending big money on Poshmark and thread Up
(04:39):
and these these secondary sales sites where you're getting used
clothes but you're not spending use closed prices. People are
classifying them as like vintage leggings and stuff like that.
So I did not know that workout gear could eventually
be considered vintage. That actually seems kind of ridiculous, like
give it what you do in your workout gear. But yeah,
(05:00):
but this is a thing and people are into it.
And so yeah, if you love those leggings and that's
something you're really into. More power to you just know
that like the way people are going to sell those
items and market those items, it's going to make it
seem like it's this fleeting thing. You've got to get
it now. It's these vintage leggings, and I think people
are going to pay too much for some of their
nostalgia hopes and dreams.
Speaker 2 (05:22):
Supply and demand, right, that's right, and just marketing man,
make people think that this is a limited time item
because hey, there aren't many of these left, and you're
going to be able to get people to cork over
more money.
Speaker 1 (05:34):
For it because most of them are all stanky and
they've been thrown out.
Speaker 3 (05:38):
That's exactly right. There really is a limited supply.
Speaker 2 (05:42):
All right.
Speaker 1 (05:42):
The host of how to Money on KFI, Joel Larsguard
You can listen to them every Sunday from noon to two.
You can also follow them for great financial advice tips
at how to Money.
Speaker 2 (05:53):
Joel appreciated Joel says, Samy
Speaker 1 (05:55):
All right, glad we found you today,
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.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.