Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Hey, everybody, Welcome to the Christen Agophian Show. Shout outs
from everybody here in Studio B as we connect with
our station's coast to coast via the biz Talk Radio Network.
Greetings to you all. You guys are ready to save
some money. This week's show is brought to you by
our caring sponsors at Elite Rehab. Because everyone knows a
family that's fighting the effects of today's substance abuse epidemic.
(00:25):
It is at every earning level, every neighborhood, every educational level,
every city, every town, and if someone you care about
needs help, pick up the phone, not just for them,
but for you as well and call the professionals at
eight hundred nine three to two four zero A two.
That's eight hundred nine three to two for zero a two.
(00:46):
The numbers on our website as well, Guys Brilliantfrugalliving dot Com.
I'm hearing from people who have used the number. They're
so glad they did. I'm so glad they did help
the ones you love put that chapter behind them for
their sake and quite frankly, for you. Eight hundred nine
three to two four zero a two. Sitting here, coffee
in hand, going with a mocacino. Smells good, tastes good,
(01:10):
a lot of cream in its yums. Looking out the
studio windows at another gorgeous city scape. It is getting
beautifully warm, all of the flowering bushes and trees and everything.
Praise the Lord man. I am so ready for a
nice springtime. Good stuff. And back by popular demand, we
are circling back to subject matter. We connect it on
(01:34):
a couple of weeks back because the response has been amazing.
Our listeners are incredible. Slashing the cost of college but good.
And I was amazed not only did people want to
know all of the latest you know, tips and tricks,
effortless easy money slashing tips on behalf of their kids
(01:54):
and their grandkids, but for themselves as well, to which
I raised my mocachino high and say, hells yeah, it's
time for all of you to think about you know,
everybody's in a job. They're grateful to have the jobs
that they have. But a lot of people out there
are thinking, you know what, stuck with the job during
the worst of economic times, was grateful for it. They're
thinking about branching out, maybe to a new career that
(02:17):
they never would have thought of. Was possible. Well, now
they're thinking maybe it's a little possible, and something that
can help them. The stepping stones between where they are
and where they want to be is increasing their college performance,
increasing their college you know, just their resume. With regards
to the classes, I myself have not set foot. Well,
that's not true. I took a couple of college courses
(02:39):
regarding real estate and stuff when Katie was a baby,
was doing stuff like that at the local community college,
but nothing getting a new degree. The last time I
was in a college classroom to get a degree, oh,
it was about twenty five years ago. And if you're
like me, you're out there, you're thinking about getting it done,
believe you me. And we're about to go into detail.
There are ways of saving on your next college degree.
(03:04):
And I'm speaking to listeners of all ages that didn't
even exist five ten years ago. Here we go, in
no particular order. All of these sent in tried and
true strategies that our listeners swear by. This one is
one of my favorites. Do college classes in high school.
If you've got a high schooler who's planning on going
(03:24):
to a two year or four year college, this is huge.
It is growing like wildfire, and with its popularity, it's
never going away. But you got to ask about it
because this is stuff that never existed when I was
class of eighty six back at Strathavon graduating high school
with as many as fifty college credits or more. And
(03:44):
by doing that, you're able to avoid taking a lot
of those you guys, remember them, the intro level classes
in college. You can knock them out in high school.
The college classes like calculus and English comp. And the
accounting classes, and the you know, business law, lots of others. Okay,
my high school way back when was pretty awesome, still is,
(04:07):
but I'm guessing that they've ramped up for this kind
of thing. I'm hearing from people right and left where
it will save their kids, their grandkids an entire year,
if not in you will maybe a little bit more
in college. Imagine saving a year's worth of college, not
only in time, but in money. Boo. Yeah, you gotta
love that. So talk to your guidance counselor. They live
(04:29):
for these kind of conversations. You remember, the guidance counselors.
I have never met a guidance counselor I didn't like.
I'm here to tell you that. Right now, we just
met up with Katie's guidance counselor twin Valley High School.
What a phenomenon. This woman was born to be a
guidance counselor. You want to talk about enthusiastic and creative
and just a marvelous human being. God bless the guidance counselors. Okay,
(04:52):
they live for this stuff. Call the guidance counselor at
your local high school. Ask them about dual credit courses. Okay,
another way you can do it take making AP classes. Now,
yours truly was not AP material back in high school. Okay,
I loved school. I was a total band geek, had
a fabulous time. But the AP courses, none of them
(05:12):
knew my name. Okay. Now, if you've got a kid
that's ready for that kind of stuff, that can be
a huge boost in these classes as well. Next up,
call up a local college, ask what options they have
for high school students. And I'm talking about the dual credits,
the adult education, those kind of things. You might just
be surprised. And here's one that I never even thought of.
(05:34):
And I consider myself semi creative, but this is taking
off like wildfire as well, looking into taking a college
course online that will then be used for college credit.
Talk about slashing money. Here's the one thing, one big thing,
this is big. Make sure the credit you're taking is transferable. Okay,
whatever college you're thinking about, connect with them. Make sure
(05:57):
the courses you're taking that they say are college level
core are applicable to them. You want to make sure
your time is being spent right. Next up, getting your
textbooks for the lowest price possible. We talked about this before,
only because I wanted to throw up my mouth a
little bit when I was hearing that textbooks. I'm gonna
do it again. I just the numbers are too staggering,
(06:17):
the average student spending over one thousand dollars per semester
on books. I remember when I was up at Penn
State Maine, and I just wanted to weep like a
little baby child when my books cost two hundred per semester.
I'm like, this is insane. It's a world gone mad.
And what's happened in the decades since? Of course the
(06:38):
price didn't go down. Now they're up to one thousand
dollars per semester. Some great ideas we're pouring in. First
of all, email the professors to see how often the
book is used, and if an older edition easily found
apparently on Craigslist and eBay and in the older bookstores
there on campus, if that's okay to buy oftentimes that
will cut the price in half. Honestly, I still think
(07:01):
cutting the price in half is insane. Another huge thing,
a fantastic money saving option that clearly wasn't there when
I was there in the early nineties is getting your
books on Kindle. You get some temporary rental loan type
thing and your books are on Kindle. Now, I'm the
first to say that as a bookworm, I love books.
I don't know if i'd be crazy about a college
(07:22):
textbook on Kindle. You know, you're flipping the pages flip
flip flip. Howty you highlight? Do you have to go
back ten pages your flip flip flip flip. I think
today's college students maybe just have to deal with that
kind of thing, especially if it means you're saving hundreds
of dollars per semester. Think about it. Make it happen.
Next up, and we talked about this as well. Avoid
private loans like the plague. Okay. Federal loans come with
(07:46):
plenty of repayment forgiveness to firment options. Private loans have
al most none. They like to crush your soul. Okay.
So if you end up being saddled with private loan
debt that you're finding hard to pay into, some consolidation
options often not a much better deal. But if you
can just avoid the private student loans, if at all possible,
(08:08):
they will haunt you. They will be the ghost hanging
over your head. Think long and hard about my go
to move, which I adore. Some of the finest human
beings I've ever met in my life, and I have
met so many great people. One huge thing, believe it
or not, that some of the greatest self made millionaires
I've met have in common community college. Community college not
(08:32):
only less stress getting into, but far less money to attend.
What you get out of it, like any college, is
what you put into it, and these people get out
of college debt free. Try telling your soon to be
employer that you're debt free. What are you doing now, Oh,
I'm saving money for a house. You think that, you know,
you think employers are gonna like that kind of talk.
(08:53):
They're gonna love it. It's all good. Time for one
more before we go to the break. Get a part
time job or a side hustle. Man does not live
by overpriced studying books alone. Get a side hustle, Get
a life, especially when it translates into some side bucks. Okay, Now,
when I was in college, I did the waitressing, I
did the babysitting. It was all in the spare time,
(09:15):
and it made some serious cash. All right, just think
about it. Don't go overboard, don't go crazy. You know
you want to enjoy yourself as well, but there is
some money to be made, and I got room for
one more cut. Your cell phone costs. If I hear
from one more parent, God bless you saying that you're
spending hundreds of dollars a month on your kid's cell
phone because you want them to be able to stay
in touch. You want them to have it, you know,
(09:36):
a high quality phone to be able to call I
dig it. I love my kids too. They have high
quality phones as well, and they cost about five bucks
a month because they're track phones. The track phones are divine,
you guys. I honestly don't know why any other phone
is purchased in the United States today. I don't get it,
especially when you're spending hundreds of dollars a month.
Speaker 2 (09:58):
I don't get it.
Speaker 1 (09:58):
Someone's got to explain it to me. Get a track phone.
It piggybacks on whatever system you're driving through at the time.
I have never had a problem getting a phone call through.
I have never had a problem pulling up the internet,
sending a text, you know, getting a hold of anyone
you know, anywhere, anytime, any place. The coverage never cuts
(10:19):
out because there's always coverage everywhere. And I spend on
my phone and I use it every day for everything possible.
I am spending maybe maybe ten bucks a month, ten
bucks a month. If that's the kind of savings you'd
like to see as well, think long and hard about
making your next phone a track phone. You will never
look back. I'm here to tell you, and I want
(10:40):
to hear from you guys as well. Find me online
Brilliant Approval, Living dot Com, your go to college saving moves,
Send me a text, send me an email, and hang
on for a minute. We'll be right back right after.
Speaker 3 (10:50):
This not too the best.
Speaker 1 (11:06):
And we are back with the Christian Dagophian Show and
this spring break I love that we're in springtime, guys.
Millions of families are going to embark on road trips
and day trips and all kinds of trips with their
loved ones. You're just going to spend time talking and
hanging out and bonding and sharing stories about the past
and present that are going to be passed down from
(11:27):
generation to generation, just like we did. You know, when
we were younger, we heard from our grandparents. Now maybe
some of you are the grandparents out there. These stories
about family history often focus on which countries are ancestors
emigrated from, or what types of jobs or professions they held.
But what's often missing of those who have walked before us, Right,
(11:48):
that's important stuff too. And inspired by the Family road Trip,
I love this guy's al Nylam Pharmaceuticals launched the Family
Health History road Trip. You got to look this up.
It's a program designed to help conversations between family members
about their health history, all kinds of stuff, so that
they can have a better understanding of perhaps their risk
(12:08):
for developing. This is something that we're hearing more about, guys,
hereditary attR amyloid dosis. It's a rare inherited rapidly progressive
disease and it's something that we need to know just
a little more about. And the Family Health and History
road Trip is hosted by genealogist Bernice Bennett, who travels
on a road trip to visit those affected by this condition,
(12:30):
including Giselle, whose father's diagnosis solved her own health puzzle.
These are two fantastic people. I'm so glad we had
the opportunity to connect with them. Bernice and Giselle are
joining us via our Newsmaker line to explore why it's
so important for families to discuss their health history and
share stories about living with these various conditions and tips
(12:52):
for maybe navigating family health conversations in the future. Ladies, welcome,
Thank you Bernise. I'm going to start off with you
if I could talk to us a bit about why
it was important to you to participate in the Family
Health History Road Trip program. This sounds great, tell us
more about it.
Speaker 3 (13:08):
I'm excited to be here today with Giselle because we
partnered with the NIL Pharmaceuticals to raise awareness of hereditary
attR MLE doses also known as hATTR mloyd doses as
part of the Family Health History road Trip program. Now
(13:30):
When we speak about family history, we often focus on
stories about where our family came from. We put together
that wonderful family tree. And my profession as a health educator,
I also know it's important for us to talk about
family health history. Family health history is considered one of
(13:51):
the most important risk factors for health problems, and so
this is one of the reasons I am involved in
this project. I'll go goal is to drive family health
history conversations so that current and future generations are well
informed and they can discuss with their doctors to have
(14:13):
a better understanding of their risk for developing an inherited
disease like ha TTR MLA doors.
Speaker 1 (14:23):
It's so true, and I'm taking notes as we're talking here.
You're bringing up so many important points. One thing I
wanted to touch on with you. I'm going to stick
with you if I can. How do families jump start,
you know, a family health history conversation. What do you recommend? Well?
Speaker 3 (14:36):
The advice that I would give to everyone is to
plan ahead. I mean, get your information together and then
notify your family members that you want to have this
health conversation. In addition to this health history conversation, you
want to get them in the mindset that you're going
(14:57):
to talk about health, which means put in together your
outline of information that you want to share. So you
want to consider hosting your relatives at your home or
even jump starting this conversation by sending out messages, sending
out emails, having a zoom call. You want people to
(15:17):
be in this mindset so they know you're going to
talk about help. Also, you want to be patient, so
you're pulling this together. You're excited, you're ready to just share,
but be patient with your family members because sometimes they're
not right there. They're not as receptive as you want
them to be to learn this new information. So take time, share, revisit,
(15:46):
and give them information so that then they can then
take action.
Speaker 1 (15:51):
Outstanding truly thank you for that, And again I'm taking
notes as we're going here. I'm going to turn it
over to Jaselle now because I really wanted to get
into a couple of questions here too, especially if you
could just go into a little more depth, Gisellist, perhaps
how did you arrive at your hATTR amyloid doses diagnosis,
Perhaps a little more information for our listeners the symptoms
(16:12):
that you were looking out for that kind of thing.
Tell us a little bit more about that if you would, well.
Speaker 4 (16:16):
Thank you so, ahattr mL doses is a rapidly progressive
condition that is caused by an inherited variant or a
change in that TTR gene. The inherited variant causes the
TTR protein to take on an abnormal shape. It misfolds
(16:38):
and builds up as an amyloid deposit throughout the body,
including the nerves, the heart, and the digestive system, resulting
in symptoms of this disease. So some of the symptoms
can affect multiple parts of the body, which may include
the carpal tunnel syndrome and numbness in the hands and feet,
(17:03):
shortness of breath, maybe diarrhea, dizziness, and or unintentional weight loss.
Speaker 1 (17:11):
Absolutely, and tell us a bit going to a little
more depth, if you would, as to how you arrived
at this particular diagnosis. So symptoms can ascribe to so
many different ailments. How did you arrive at this diagnosis
in particular, and how did the health history assist with that.
Speaker 4 (17:27):
I'll tell you about my little story about me and
my dad. I visit him and my mom regularly. So
one day I stopped by and he says to me,
my feet are swollen. And I looked down and he
looked like he was standing on tree trunks. So I
got alarmed and I took him to the doctor and
(17:49):
they stated immediately that it had to be related to
his heart. So they did a whole bunch of testing,
and fast forward, he was diagnosed with atr M melodosis.
So when I think back to the different symptoms and
things that I've had, it goes back to two thousand
(18:09):
and two, and when I compare notes and after I
got more information about the condition, that's when the bill
went off that this is probably what was going on
with me. So his cardiologist that he saw asked me
to come in and get tested and voila. I tested
positive for the gene variant.
Speaker 1 (18:30):
And why do you feel it's a particular concern for
certain nationalities to really be aware of this particular condition.
Speaker 4 (18:36):
It has been estimated that one out of twenty five
African Americans right here in the United States carrying that
common gene variant that can cause httr M melo dosis.
And that variant is the V one two two I variant.
So it is so important to get tested and do
(18:58):
the genetic test to find out if you in fact
have the gene FORWD.
Speaker 1 (19:02):
Bernie. Back to you for our last question here, where
do we send our listeners to learn more about this?
To watch this fantastic roadshow series. I love this, I
cannot wait to take a look at it. And where
do you recommend people go to for more information on
this subject? Especially individuals can go to H A T.
Speaker 3 (19:21):
T R bridge dot com backslash road trip outstanding.
Speaker 1 (19:26):
Thank you again so much for taking the time. We
really appreciated, Bernice Giselle. You're welcome to join us whenever
you get the chance. We'd love to hear more in
the future. And hey guys, we'll be right back right
after this. Not to.
Speaker 3 (19:43):
The best of all.
Speaker 1 (19:48):
Circumstance, and we are back for the Christen Agophian Show
with another fabulous this episode of Dad and Daughter Talk
real Estate. Sitting here joining me as we round out
the second half of the hour. John Harriet aka Dad
(20:08):
here with all the latest info on real estate and
why now is without a doubt the best time to
dip a tone you're thinking about buying or selling, or
renting or flipping. Here's the guy in the note to
tell you exactly why now is the best time to
get the ball rolling on all of those.
Speaker 2 (20:22):
Welcome pop Yes, Indeedy John Harriet better known as Dad
here and Dad and daughter talk real estate, Keller Williams
real estate. What I want to talk about here is
to embelly us a little bit more. We talked about
last week and what is the very very best way
to build wealth for yourself, family, your extended family, whether
you are a single person, The best way for you
(20:43):
to begin to build wealth is to buy that first home.
Speaker 1 (20:45):
Yep.
Speaker 2 (20:46):
And now we're going to talk about some of the
reasons why that would be happening. I'm going to give
you just a little bit of history. Okay, Way back
in nineteen sixty nine or seventy, your mother and I
bought our first house in Green Bay, Wisconsin. Very good
because our landlord had the absolute unmitigated gall to raise
our rent. Evil landlords raised our rent from one hundred
(21:08):
and fifty dollars a month to one hundred and fifty five.
Speaker 1 (21:11):
How are you supposed to sleep at night with those
kinds of living?
Speaker 2 (21:13):
That's right. So we found ourselves a fixer upper for
fifteen thousand, nine hundred dollars. Pretty cool, and we fixed
it up and we sold it about two years later
for like five thousand dollars more, which was enough to
get us into a nicer suburb yep in the Peer,
Wisconsin home of Terry Ann Musing Miss America of nineteen
(21:34):
seventy six or seventy.
Speaker 1 (21:36):
Seven, something like that for Google right there.
Speaker 2 (21:38):
Yeah, And then moved to Philadelphia, and the house that
we paid thirty three thousand, nine hundred dollars for in
nineteen seventy two we sold for sixty seven nine hundred
dollars in nineteen seventy nine amazing, so thirty thousand dollars
increasing equity.
Speaker 1 (21:53):
There double the prisident.
Speaker 2 (21:55):
We moved to Pennsylvania, bought another fixer upper in the
western suburbs of Philly for the Outlandia sum of eighty
three thousand dollars. The probably should have sold for about
one hundred and twenty thousand.
Speaker 1 (22:05):
All the other ones in the neighborhood were they were
on the one twenty racket.
Speaker 2 (22:08):
So we did the fix up and we lived there
now for forty years, and the house is not probably
worth somewhere north of five hundred and fifty thousand dollars,
ye me. So those are the kinds of gains that
you can make if you invest in real estate. And
now I know it's kind of difficult to think about
what's going to be happening forty years from now.
Speaker 1 (22:25):
Yeap comes to the number is not too old, with
absolutely not people doing that every day. But it's simple fact.
What everything you're saying, I boil it down to the
simple one liner. Numbers don't lie. And when you have
had time and time again proven these theories correct, where
you invest in the market incredibly wisely, with a very
(22:46):
keen sense of the fixer ruppers and the neighborhoods and
the school districts, you will launch yourself regardless of your
earning capability right now, regardless of your current socio economic status,
your current job, your current salary. When you invest in
real estate, especially when you do it wisely, going for
the fixers in the great school districts, you are setting
(23:06):
yourself up for financial success in a way that very
few people choose to do these days. And it's to
their detriment.
Speaker 2 (23:12):
It certainly is it certainly is so the safest, most
lucrative investment you can probably make, YEP is buying that house.
Speaker 1 (23:19):
Very appealing buying that house.
Speaker 2 (23:21):
And to do it now. You really shouldn't be trying
to do this on your own. You need a good realtor.
And those of you who are outside of Pennsylvania and Delaware,
which are the two places of rynd licensed to practice
really state, I can certainly help you find a good realtor.
And here's how you can find out my recommendation. If
you dial up that dad and daughter talk with the
estate hotline.
Speaker 1 (23:41):
At absolutely guys call her text anytime four eight four
five seven four four zero eight eight.
Speaker 2 (23:47):
Once again, that's four eight four five seven four four
zero eight eight, and just leave a message or leave
a voicemail Text works too, and say, hey, John, like
to talk to you about needing a realtor in Hattiesburg,
Mississippi or whatever. And I'll be glad to do some
research and the local realtors and be glad to get
back to you with a recommendation. Doesn't mean you have
to use the person that I recommend, but you can
(24:08):
be certain that I will have done some research. It
will probably be a Keller Williams agent, because that's where
I'm going to start, and I do believe that we
have the best training program and the best mentorship program
of any real estate company in the in the country,
in the world, absolutely in the world, and that's been
recognized time and time again that we are probably the
best training company in the world, not just in the
(24:29):
real estate business. So it doesn't mean you have to
use him or her. And then you would say, well, general,
what do you get out of recommending or a realtor
in Hattiesburg, Mississippi will if you choose to use this person,
I do get a referral fee.
Speaker 1 (24:41):
That's the normal way.
Speaker 2 (24:42):
That completely charitable. If I didn't get a referral fee,
I would still do the.
Speaker 1 (24:48):
Recommendation if you are certainly steering people towards all the
right people to go to further information for their expertise
later on. So I think it's a win win for everybody.
Speaker 2 (24:57):
So let's talk again about some numbers that we touched
on in the past. Yes, that if you buy a
house right now for two hundred and fifty thousand dollars okay,
and if the projections for rates of increase come true
over the next five years, that two hundred and fifty
thousand dollars house is going to be worth somewhere north
of two hundred and ninety thousand dollars in five years,
just a few years.
Speaker 1 (25:17):
It's not like because again people know, even the most
busy person knows about real estate. Oh yeah, your net
worth will increase, I'm sure of that. When you ask
mop a pen to paper and say, well, how much
do you think a two hundred and fifty thousand dollars
house is going to be worth in five years, they
probably say, oh, maybe two fifty five to sixty whatever,
it's going to go up. When you tell them it's
actually closer to three hundred thousand dollars of net worth,
(25:38):
that's the jaw dropping thing. The Really, it's the wheels
turning and saying, maybe it's time to get your tone
in the market.
Speaker 4 (25:42):
Yep.
Speaker 2 (25:43):
And let's just say you're a young couple starting out,
no children, right, maybe both of you are working, and
you buy this house for two to fifty five years,
maybe there's a child or two that's arrived. Oh sure,
so you need a bigger house. You've got forty thousand
dollars plus of equity. You can use that to buy
the new house. Yeah, which again is going to give
you a bigger base to build more equity faster yep,
(26:05):
a house that you're going to enjoy living in more,
a place that your expanded family can grow up. Or
if your family hasn't materialized, you've got other things that
you can do with that equity. You could still move up, sell,
buy another house, yep. Buy, or you could you could
buy yourself that antique vintage Corvette.
Speaker 1 (26:23):
Go bigger, go home.
Speaker 2 (26:24):
It's your money, that's right, it's your money. But most
people will probably start out with a starter.
Speaker 1 (26:30):
Homest thing and then and then.
Speaker 2 (26:32):
Buy a move up home at least once and probably twice,
maybe even three times.
Speaker 1 (26:37):
Most people that I know, by the time they're you know,
hitting forties, fifty sixties retirement age, it's been at least
three homes.
Speaker 2 (26:43):
Yep. Of course, job transfers, oh yeah, not as frequent
as they used to be in the corporate world because
it costs a lot of money to move people around,
but job transfers still happen. They do, so you could
the sooner you get started, the sooner you're going to
begin building that well.
Speaker 1 (26:57):
And it's intimidating, we get it. Every single homeowner out
there had that knows exactly what you're talking about what
you're anticipating, and yeah, it can be a little stressful,
but there is a bliss waiting for you on the
other end of that settlement table that when all of
a sudden done and you're going to work hard in
the morning home and the price that you pay for
the place you live is going back to pay you
rather than a landlord. It's going to set you up
(27:17):
for some serious financial happiness down the road.
Speaker 3 (27:20):
It is.
Speaker 2 (27:20):
Indeed, now, this is not going to be without some stress, folks.
Speaker 1 (27:23):
No, no, but we're apartment living.
Speaker 2 (27:25):
I do recall that before Christie's mom and I bought
every house that we bought, yes there was a sleepless
night or two or three or six.
Speaker 1 (27:32):
Yes, that's healthy, that's normal, that's to be expected.
Speaker 2 (27:35):
But after we got in and saw what was happening
to our network, we calmed down a lot, buy a
home this spring. Don't wait.
Speaker 1 (27:41):
Yeah, we did.
Speaker 2 (27:42):
And everybody I know of who was in the real
estate visitors saying, oh, yeah, we're going up straight from there.
Yeah five and a half six percent, which would still
be a bargain.
Speaker 1 (27:50):
Oh my gosh.
Speaker 2 (27:50):
Yeah, but guess what happened now?
Speaker 1 (27:53):
No, I have yet to hear any one of the
air quotes experts on there, on any network, on any
website real estate financial otherwise explain how that hap.
Speaker 2 (28:00):
Yeah, I do know, I do know that the basic
mortgage interest rate somehow pivots off the ten year US
Treasury note interest rate, which now is about ten year
US Treasury note. That's the money. That's the interest rate
that the Treasury has to pay in order to sell
the bonds to finance the debt, which is way too
damn high. But that's another topic. Oh yeah, If you
(28:21):
can sell US Treasury bonds for two point one percent
instead of having to pay three percent, that says that
there's a lot of confidence in the US economy, the
United States as a country, because we are the place
where money heads when things get a little bit shakier
on the rest of the world. So the ten year
Treasury note rate is still very, very low, and that
is the basic reason that interest rates are still as
(28:43):
low as low as they are. So if you buy now,
you can also get settled in time for summer. You
can impress your family and friends with your new house. Okay,
you could start earning that equity now instead of waiting
six months or a year from now and right now
in the spring, there will be more houses is coming
on the market every day. More listings mean more choices.
So another good reason.
Speaker 1 (29:05):
For it doing it now double edged sword.
Speaker 2 (29:07):
Another comparison that I get asked to make from time
to time is John, should I buy now or wait
till next year? You know, I'm not sure what's going
to happen to interest rates and prices, and I'm just
not sure. I want to time myself down to a
mortgage and what. Let me tell you what's probably going
to happen.
Speaker 1 (29:21):
Okay, one of the big weaks telling us.
Speaker 2 (29:23):
Let me tell you what's probably going to happen now.
The interest rates about percent? Okay, a year from now,
it's probably going.
Speaker 1 (29:28):
To be about Nobody sees it going down. Again, it's
nobody sees it going now.
Speaker 2 (29:32):
Nobody sees it going down. That's the freddie Mac projection
for a fourth quarter of Okay, best projection we could make.
So that's about a half percent higher.
Speaker 1 (29:39):
Oh that's significant. That's significant.
Speaker 2 (29:41):
That is going to raise your principal and interest payment.
Buy about five percent.
Speaker 1 (29:45):
That's not about five percent. People see small. People see
five percent. They think, oh, well, what you know that
can't possibly make a big difference when you're talking about
the size of a home and a loan. Five percent
that makes a big difference.
Speaker 2 (29:55):
Home price now is you're going to buy as two
hundred and fifty thousand dollars projection a year from now
four point eight percent higher next year, that how is
going to cost you about to urund and sixty two
thousand dollars. So you put together the higher interest rate,
the higher price, and your mortgage principal and interest payment
instead of being twelve hundred and sixty dollars a month,
are going to be about fourteen hundred dollars a month.
Speaker 1 (30:15):
Wow, it stuff as usual. Hoppings certainly is here.
Speaker 2 (30:17):
Some thanks to our listeners for listening, and thank you
for having me my pleasure, and we'll see you again
next week.
Speaker 1 (30:22):
We'll be right backgang right after this not too and
we are back with the Kristin Agobian Show talking about
various ways to save huge money. When all of our
(30:42):
listeners out there, students of all ages, whether you're a
kid just out of high school, whether you're a senior
citizen thinking about just juicing up that resume or going
after a passion that you've always wanted to. You're thinking
the college, you know, all of the various universities out
of reach, way too much time, too much money, too
much energy the case, and we've got the coolest listeners
out there by far, sending in all of their tried
(31:05):
and true, proven strategies. I'm loving this to make all
of these college dreams a reality without walking out with
the My God, it's like a mortgage, that piece of
paper on the wall, a blessed mortgage, hundreds of thousands
of dollars. Don't do it. Hit your local community college,
start saving now, Go to if not a community college,
find the ones near you that have exactly what you're
(31:27):
looking for. Maybe not the big, splashy names, but the gorgeous,
gorgeous educations out there waiting for you. It's not about
the splashy names. It's not about the crippling debt. How
is that some sort of a badge of honor walking
out with a quarter million in debt. That's the kind
of numbers I'm hearing, and it's freaking me out. Don't
do it. Students of all ages, parents of students of
(31:49):
all ages, grandparents of students of all ages, for everybody
out there between twelve and one hundred and twelve thinking
about gaining that extra little bit of college education out there,
It is more less than ever for a fraction of
the price. I'm digging it. Here we go ways to
save huge cash and still be a successful student at
the same time, because you know, when you're going after
(32:09):
this next degree again, whatever age you are, you're gonna
have to go out there and save some money as well.
You're investing a bit of money. You want to be
able to save some money. And how do you do that.
There's nothing more charming to me than seeing what is
clearly a college student couple going out for a date. Okay,
and you want to know how you know you've got
a gem. How the guys know they've got a gym
(32:30):
for a girl? How the girls know they've got a
gym for a guy. The cheaper and cooler the date.
Use your imagination for some serious cheap dates. And I'm
talking about students of all ages again. Okay, if you're
looking for ways to save money, use your imagination. Come
up with some alternative dates for your significant other. And
now we talked before in the earlier part of the
hour about the huge discounts for movies and bookstores and
(32:54):
lectures and day trips and tours and everything else. Museums
get create, have some fun. Not only is it great
for finances, it's just great training for life for these kids,
or for kids of all ages. Doing this, Okay, you
gotta love it. Next up, come passionate about something. What
do I mean? Here's what I mean. Boredom is the
(33:17):
enemy of your wallet. Somebody sent me that phrase, and
it's genius. When you're bored, you want to consume something.
You want to be entertained, whether that's by some you know,
my god, fifty dollars night out in a movie for
two hours of entertainment, who knows what else, a local
bar for overpriced whatever. You know, you want to start
a DVD collection, or by video games, or drink more,
(33:39):
or upgrade things that don't need upgrading. Whatever. Become passionate
about something. Okay, now I love this. Here's a great thing.
This is cool. The founder of lyft Okay told a
great story when he was interviewed recently. Here's what he said.
He said, when he wasn't passionate about building his company,
he would spend weeks and weeks researching you name it.
(34:02):
Flat screen TVs trips. They wanted the best one possible.
Now he cares about building lift, he said, if he
even wanted to buy a TV, he'd just walk into
a store and buying inexpensive one without wasting time. So
here's the thing. Boredom is the enemy of your wallet.
If you find yourself even thinking the phrase man on board,
be aware, be hyper self aware that you're ripe to
(34:26):
spend money you don't need to spend, okay, And here's
one of the best ways you can guard against that.
And I don't mean to sound geeky, because this is true,
true advice from people from all walks of life, and
I love this. The enemy of boredom hit your local library.
It's not meant to roll your eyes. You want to
know what's waiting for you at your local library. DVDs
for free, amazing self help books for free, amazing motivational
(34:51):
bios for free. We're talking about training videos and you know,
every single thing you'd ever want to know about anything
you'd ever want to know, all waiting for you at libraries.
You know, I love libraries. Do you know who really
knows how to ratchet up a library to its next
highest and best incantation a university or college library. They
(35:12):
are the Yum of libraries. Okay, And if you want
to now here's some insider information as well, from someone
who has been happily married to the man of my
dreams for decades. Do you want to know what a
truly cool date is to feel someone else to what
kind of a spender they are on one of your
first dates, Grab some pizza, enjoy a little time, you
know whatever, hit the mall, do whatever you need to,
(35:35):
and then say you want to go to the library.
Maybe it's for a lecture, Maybe there's a new book in,
maybe there's a new dvdan See if their eyes kind
of light up a bit like that is wicked cool?
A free evening and pizza and everything else. See if
they're compatible with you when it comes to spending money.
It's a fantastic thing to do. And if you've got
kids who are about to hit the college scene, share
(35:57):
with them that little ditty as well, because in college,
maybe more than ever, the kids that you know and
love are going to be subjected to their first taste
of financial freedom, and it's an important thing for them
to experience without the lingering shadow of Mom and Dad
over them. Oh you sure you want to spend that.
Let them have free reign over their cash. It's their cash.
(36:19):
Maybe they you know, mowing lawns, babysitting, working, whatever, it's
their cash. Let them see firsthand just how swiftly it
can melt through their fingers if they overindulge. There's no
other way to learn it. We've all been there. And
then let them see how effortlessly it can stay in
the bank for the big things, when they have some
(36:41):
fun with a friend at the local bookstore, or just
for a bite of pizza rather than the fancy meal,
or with the track phone rather than one hundred and
fifty bucks a month they're spending on some or god
knows even more on the other stuff that their friends
are doing. It's going to be such a vitally important
part of their life in so many ways with regards
to the taste of freedom they have. Oh you know,
I don't have mom or Dad hanging over me saying
(37:02):
do your homework. I don't know I'm hanging over me saying,
you know, you don't want to spend that on this,
Spend it on that. This is go time for them now,
I've realized the rest of the show we were talking
about students of all ages, but I want to touch
on this too, because I feel like post secondary education
it's important high school vitally important, obviously getting an education
passed there with regards to trade schools, community college, two
(37:25):
year colleges, four year universities, everywhere in between. I feel
like it is an important segue into the real world.
And I'm talking about just their taste of life, what
they can spend on and how fast the money goes
through their fingers, how they can save, and how they
can keep it all right there in check, how they
are more in control than ever. It is a magical
(37:46):
thing to witness a kid going from that last day
in high school to the last day of their post
secondary education and all of the experiences they've had. You know,
maybe they've learned how to cook more. They've certainly learned
how to take better care of their time. They've learned
how a D minus feels on a report card that
they themselves are fully responsible for, and far more importantly,
(38:07):
they know how an A looks on that report card. Man,
they want to bump everybody because they're fully responsible for
it and their financial ideas, their financial decisions are all
theirs as well, and you want them to have that grand,
great enlightening and bolding feeling of knowing that their financial
destiny is completely and utterly in their hands. And that's
(38:31):
the sky is the limit. There's nothing like it. Go
out there, get a gang, and until next week, save
those pennies, pay with cash, and you all say frugal
out there,
Hey, everybody, Welcome to the Christen Agophian Show. Shout outs
from everybody here in Studio B as we connect with
our station's coast to coast via the biz Talk Radio Network.
Greetings to you all. You guys are ready to save
some money. This week's show is brought to you by
our caring sponsors at Elite Rehab. Because everyone knows a
family that's fighting the effects of today's substance abuse epidemic.
(00:25):
It is at every earning level, every neighborhood, every educational level,
every city, every town, and if someone you care about
needs help, pick up the phone, not just for them,
but for you as well and call the professionals at
eight hundred nine three to two four zero A two.
That's eight hundred nine three to two for zero a two.
(00:46):
The numbers on our website as well, Guys Brilliantfrugalliving dot Com.
I'm hearing from people who have used the number. They're
so glad they did. I'm so glad they did help
the ones you love put that chapter behind them for
their sake and quite frankly, for you. Eight hundred nine
three to two four zero a two. Sitting here, coffee
in hand, going with a mocacino. Smells good, tastes good,
(01:10):
a lot of cream in its yums. Looking out the
studio windows at another gorgeous city scape. It is getting
beautifully warm, all of the flowering bushes and trees and everything.
Praise the Lord man. I am so ready for a
nice springtime. Good stuff. And back by popular demand, we
are circling back to subject matter. We connect it on
(01:34):
a couple of weeks back because the response has been amazing.
Our listeners are incredible. Slashing the cost of college but good.
And I was amazed not only did people want to
know all of the latest you know, tips and tricks,
effortless easy money slashing tips on behalf of their kids
(01:54):
and their grandkids, but for themselves as well, to which
I raised my mocachino high and say, hells yeah, it's
time for all of you to think about you know,
everybody's in a job. They're grateful to have the jobs
that they have. But a lot of people out there
are thinking, you know what, stuck with the job during
the worst of economic times, was grateful for it. They're
thinking about branching out, maybe to a new career that
(02:17):
they never would have thought of. Was possible. Well, now
they're thinking maybe it's a little possible, and something that
can help them. The stepping stones between where they are
and where they want to be is increasing their college performance,
increasing their college you know, just their resume. With regards
to the classes, I myself have not set foot. Well,
that's not true. I took a couple of college courses
(02:39):
regarding real estate and stuff when Katie was a baby,
was doing stuff like that at the local community college,
but nothing getting a new degree. The last time I
was in a college classroom to get a degree, oh,
it was about twenty five years ago. And if you're
like me, you're out there, you're thinking about getting it done,
believe you me. And we're about to go into detail.
There are ways of saving on your next college degree.
(03:04):
And I'm speaking to listeners of all ages that didn't
even exist five ten years ago. Here we go, in
no particular order. All of these sent in tried and
true strategies that our listeners swear by. This one is
one of my favorites. Do college classes in high school.
If you've got a high schooler who's planning on going
(03:24):
to a two year or four year college, this is huge.
It is growing like wildfire, and with its popularity, it's
never going away. But you got to ask about it
because this is stuff that never existed when I was
class of eighty six back at Strathavon graduating high school
with as many as fifty college credits or more. And
(03:44):
by doing that, you're able to avoid taking a lot
of those you guys, remember them, the intro level classes
in college. You can knock them out in high school.
The college classes like calculus and English comp. And the
accounting classes, and the you know, business law, lots of others. Okay,
my high school way back when was pretty awesome, still is,
(04:07):
but I'm guessing that they've ramped up for this kind
of thing. I'm hearing from people right and left where
it will save their kids, their grandkids an entire year,
if not in you will maybe a little bit more
in college. Imagine saving a year's worth of college, not
only in time, but in money. Boo. Yeah, you gotta
love that. So talk to your guidance counselor. They live
(04:29):
for these kind of conversations. You remember, the guidance counselors.
I have never met a guidance counselor I didn't like.
I'm here to tell you that. Right now, we just
met up with Katie's guidance counselor twin Valley High School.
What a phenomenon. This woman was born to be a
guidance counselor. You want to talk about enthusiastic and creative
and just a marvelous human being. God bless the guidance counselors. Okay,
(04:52):
they live for this stuff. Call the guidance counselor at
your local high school. Ask them about dual credit courses. Okay,
another way you can do it take making AP classes. Now,
yours truly was not AP material back in high school. Okay,
I loved school. I was a total band geek, had
a fabulous time. But the AP courses, none of them
(05:12):
knew my name. Okay. Now, if you've got a kid
that's ready for that kind of stuff, that can be
a huge boost in these classes as well. Next up,
call up a local college, ask what options they have
for high school students. And I'm talking about the dual credits,
the adult education, those kind of things. You might just
be surprised. And here's one that I never even thought of.
(05:34):
And I consider myself semi creative, but this is taking
off like wildfire as well, looking into taking a college
course online that will then be used for college credit.
Talk about slashing money. Here's the one thing, one big thing,
this is big. Make sure the credit you're taking is transferable. Okay,
whatever college you're thinking about, connect with them. Make sure
(05:57):
the courses you're taking that they say are college level
core are applicable to them. You want to make sure
your time is being spent right. Next up, getting your
textbooks for the lowest price possible. We talked about this before,
only because I wanted to throw up my mouth a
little bit when I was hearing that textbooks. I'm gonna
do it again. I just the numbers are too staggering,
(06:17):
the average student spending over one thousand dollars per semester
on books. I remember when I was up at Penn
State Maine, and I just wanted to weep like a
little baby child when my books cost two hundred per semester.
I'm like, this is insane. It's a world gone mad.
And what's happened in the decades since? Of course the
(06:38):
price didn't go down. Now they're up to one thousand
dollars per semester. Some great ideas we're pouring in. First
of all, email the professors to see how often the
book is used, and if an older edition easily found
apparently on Craigslist and eBay and in the older bookstores
there on campus, if that's okay to buy oftentimes that
will cut the price in half. Honestly, I still think
(07:01):
cutting the price in half is insane. Another huge thing,
a fantastic money saving option that clearly wasn't there when
I was there in the early nineties is getting your
books on Kindle. You get some temporary rental loan type
thing and your books are on Kindle. Now, I'm the
first to say that as a bookworm, I love books.
I don't know if i'd be crazy about a college
(07:22):
textbook on Kindle. You know, you're flipping the pages flip
flip flip. Howty you highlight? Do you have to go
back ten pages your flip flip flip flip. I think
today's college students maybe just have to deal with that
kind of thing, especially if it means you're saving hundreds
of dollars per semester. Think about it. Make it happen.
Next up, and we talked about this as well. Avoid
private loans like the plague. Okay. Federal loans come with
(07:46):
plenty of repayment forgiveness to firment options. Private loans have
al most none. They like to crush your soul. Okay.
So if you end up being saddled with private loan
debt that you're finding hard to pay into, some consolidation
options often not a much better deal. But if you
can just avoid the private student loans, if at all possible,
(08:08):
they will haunt you. They will be the ghost hanging
over your head. Think long and hard about my go
to move, which I adore. Some of the finest human
beings I've ever met in my life, and I have
met so many great people. One huge thing, believe it
or not, that some of the greatest self made millionaires
I've met have in common community college. Community college not
(08:32):
only less stress getting into, but far less money to attend.
What you get out of it, like any college, is
what you put into it, and these people get out
of college debt free. Try telling your soon to be
employer that you're debt free. What are you doing now, Oh,
I'm saving money for a house. You think that, you know,
you think employers are gonna like that kind of talk.
(08:53):
They're gonna love it. It's all good. Time for one
more before we go to the break. Get a part
time job or a side hustle. Man does not live
by overpriced studying books alone. Get a side hustle, Get
a life, especially when it translates into some side bucks. Okay, Now,
when I was in college, I did the waitressing, I
did the babysitting. It was all in the spare time,
(09:15):
and it made some serious cash. All right, just think
about it. Don't go overboard, don't go crazy. You know
you want to enjoy yourself as well, but there is
some money to be made, and I got room for
one more cut. Your cell phone costs. If I hear
from one more parent, God bless you saying that you're
spending hundreds of dollars a month on your kid's cell
phone because you want them to be able to stay
in touch. You want them to have it, you know,
(09:36):
a high quality phone to be able to call I
dig it. I love my kids too. They have high
quality phones as well, and they cost about five bucks
a month because they're track phones. The track phones are divine,
you guys. I honestly don't know why any other phone
is purchased in the United States today. I don't get it,
especially when you're spending hundreds of dollars a month.
Speaker 2 (09:58):
I don't get it.
Speaker 1 (09:58):
Someone's got to explain it to me. Get a track phone.
It piggybacks on whatever system you're driving through at the time.
I have never had a problem getting a phone call through.
I have never had a problem pulling up the internet,
sending a text, you know, getting a hold of anyone
you know, anywhere, anytime, any place. The coverage never cuts
(10:19):
out because there's always coverage everywhere. And I spend on
my phone and I use it every day for everything possible.
I am spending maybe maybe ten bucks a month, ten
bucks a month. If that's the kind of savings you'd
like to see as well, think long and hard about
making your next phone a track phone. You will never
look back. I'm here to tell you, and I want
(10:40):
to hear from you guys as well. Find me online
Brilliant Approval, Living dot Com, your go to college saving moves,
Send me a text, send me an email, and hang
on for a minute. We'll be right back right after.
Speaker 3 (10:50):
This not too the best.
Speaker 1 (11:06):
And we are back with the Christian Dagophian Show and
this spring break I love that we're in springtime, guys.
Millions of families are going to embark on road trips
and day trips and all kinds of trips with their
loved ones. You're just going to spend time talking and
hanging out and bonding and sharing stories about the past
and present that are going to be passed down from
(11:27):
generation to generation, just like we did. You know, when
we were younger, we heard from our grandparents. Now maybe
some of you are the grandparents out there. These stories
about family history often focus on which countries are ancestors
emigrated from, or what types of jobs or professions they held.
But what's often missing of those who have walked before us, Right,
(11:48):
that's important stuff too. And inspired by the Family road Trip,
I love this guy's al Nylam Pharmaceuticals launched the Family
Health History road Trip. You got to look this up.
It's a program designed to help conversations between family members
about their health history, all kinds of stuff, so that
they can have a better understanding of perhaps their risk
(12:08):
for developing. This is something that we're hearing more about, guys,
hereditary attR amyloid dosis. It's a rare inherited rapidly progressive
disease and it's something that we need to know just
a little more about. And the Family Health and History
road Trip is hosted by genealogist Bernice Bennett, who travels
on a road trip to visit those affected by this condition,
(12:30):
including Giselle, whose father's diagnosis solved her own health puzzle.
These are two fantastic people. I'm so glad we had
the opportunity to connect with them. Bernice and Giselle are
joining us via our Newsmaker line to explore why it's
so important for families to discuss their health history and
share stories about living with these various conditions and tips
(12:52):
for maybe navigating family health conversations in the future. Ladies, welcome,
Thank you Bernise. I'm going to start off with you
if I could talk to us a bit about why
it was important to you to participate in the Family
Health History Road Trip program. This sounds great, tell us
more about it.
Speaker 3 (13:08):
I'm excited to be here today with Giselle because we
partnered with the NIL Pharmaceuticals to raise awareness of hereditary
attR MLE doses also known as hATTR mloyd doses as
part of the Family Health History road Trip program. Now
(13:30):
When we speak about family history, we often focus on
stories about where our family came from. We put together
that wonderful family tree. And my profession as a health educator,
I also know it's important for us to talk about
family health history. Family health history is considered one of
(13:51):
the most important risk factors for health problems, and so
this is one of the reasons I am involved in
this project. I'll go goal is to drive family health
history conversations so that current and future generations are well
informed and they can discuss with their doctors to have
(14:13):
a better understanding of their risk for developing an inherited
disease like ha TTR MLA doors.
Speaker 1 (14:23):
It's so true, and I'm taking notes as we're talking here.
You're bringing up so many important points. One thing I
wanted to touch on with you. I'm going to stick
with you if I can. How do families jump start,
you know, a family health history conversation. What do you recommend? Well?
Speaker 3 (14:36):
The advice that I would give to everyone is to
plan ahead. I mean, get your information together and then
notify your family members that you want to have this
health conversation. In addition to this health history conversation, you
want to get them in the mindset that you're going
(14:57):
to talk about health, which means put in together your
outline of information that you want to share. So you
want to consider hosting your relatives at your home or
even jump starting this conversation by sending out messages, sending
out emails, having a zoom call. You want people to
(15:17):
be in this mindset so they know you're going to
talk about help. Also, you want to be patient, so
you're pulling this together. You're excited, you're ready to just share,
but be patient with your family members because sometimes they're
not right there. They're not as receptive as you want
them to be to learn this new information. So take time, share, revisit,
(15:46):
and give them information so that then they can then
take action.
Speaker 1 (15:51):
Outstanding truly thank you for that, And again I'm taking
notes as we're going here. I'm going to turn it
over to Jaselle now because I really wanted to get
into a couple of questions here too, especially if you
could just go into a little more depth, Gisellist, perhaps
how did you arrive at your hATTR amyloid doses diagnosis,
Perhaps a little more information for our listeners the symptoms
(16:12):
that you were looking out for that kind of thing.
Tell us a little bit more about that if you would, well.
Speaker 4 (16:16):
Thank you so, ahattr mL doses is a rapidly progressive
condition that is caused by an inherited variant or a
change in that TTR gene. The inherited variant causes the
TTR protein to take on an abnormal shape. It misfolds
(16:38):
and builds up as an amyloid deposit throughout the body,
including the nerves, the heart, and the digestive system, resulting
in symptoms of this disease. So some of the symptoms
can affect multiple parts of the body, which may include
the carpal tunnel syndrome and numbness in the hands and feet,
(17:03):
shortness of breath, maybe diarrhea, dizziness, and or unintentional weight loss.
Speaker 1 (17:11):
Absolutely, and tell us a bit going to a little
more depth, if you would, as to how you arrived
at this particular diagnosis. So symptoms can ascribe to so
many different ailments. How did you arrive at this diagnosis
in particular, and how did the health history assist with that.
Speaker 4 (17:27):
I'll tell you about my little story about me and
my dad. I visit him and my mom regularly. So
one day I stopped by and he says to me,
my feet are swollen. And I looked down and he
looked like he was standing on tree trunks. So I
got alarmed and I took him to the doctor and
(17:49):
they stated immediately that it had to be related to
his heart. So they did a whole bunch of testing,
and fast forward, he was diagnosed with atr M melodosis.
So when I think back to the different symptoms and
things that I've had, it goes back to two thousand
(18:09):
and two, and when I compare notes and after I
got more information about the condition, that's when the bill
went off that this is probably what was going on
with me. So his cardiologist that he saw asked me
to come in and get tested and voila. I tested
positive for the gene variant.
Speaker 1 (18:30):
And why do you feel it's a particular concern for
certain nationalities to really be aware of this particular condition.
Speaker 4 (18:36):
It has been estimated that one out of twenty five
African Americans right here in the United States carrying that
common gene variant that can cause httr M melo dosis.
And that variant is the V one two two I variant.
So it is so important to get tested and do
(18:58):
the genetic test to find out if you in fact
have the gene FORWD.
Speaker 1 (19:02):
Bernie. Back to you for our last question here, where
do we send our listeners to learn more about this?
To watch this fantastic roadshow series. I love this, I
cannot wait to take a look at it. And where
do you recommend people go to for more information on
this subject? Especially individuals can go to H A T.
Speaker 3 (19:21):
T R bridge dot com backslash road trip outstanding.
Speaker 1 (19:26):
Thank you again so much for taking the time. We
really appreciated, Bernice Giselle. You're welcome to join us whenever
you get the chance. We'd love to hear more in
the future. And hey guys, we'll be right back right
after this. Not to.
Speaker 3 (19:43):
The best of all.
Speaker 1 (19:48):
Circumstance, and we are back for the Christen Agophian Show
with another fabulous this episode of Dad and Daughter Talk
real Estate. Sitting here joining me as we round out
the second half of the hour. John Harriet aka Dad
(20:08):
here with all the latest info on real estate and
why now is without a doubt the best time to
dip a tone you're thinking about buying or selling, or
renting or flipping. Here's the guy in the note to
tell you exactly why now is the best time to
get the ball rolling on all of those.
Speaker 2 (20:22):
Welcome pop Yes, Indeedy John Harriet better known as Dad
here and Dad and daughter talk real estate, Keller Williams
real estate. What I want to talk about here is
to embelly us a little bit more. We talked about
last week and what is the very very best way
to build wealth for yourself, family, your extended family, whether
you are a single person, The best way for you
(20:43):
to begin to build wealth is to buy that first home.
Speaker 1 (20:45):
Yep.
Speaker 2 (20:46):
And now we're going to talk about some of the
reasons why that would be happening. I'm going to give
you just a little bit of history. Okay, Way back
in nineteen sixty nine or seventy, your mother and I
bought our first house in Green Bay, Wisconsin. Very good
because our landlord had the absolute unmitigated gall to raise
our rent. Evil landlords raised our rent from one hundred
(21:08):
and fifty dollars a month to one hundred and fifty five.
Speaker 1 (21:11):
How are you supposed to sleep at night with those
kinds of living?
Speaker 2 (21:13):
That's right. So we found ourselves a fixer upper for
fifteen thousand, nine hundred dollars. Pretty cool, and we fixed
it up and we sold it about two years later
for like five thousand dollars more, which was enough to
get us into a nicer suburb yep in the Peer,
Wisconsin home of Terry Ann Musing Miss America of nineteen
(21:34):
seventy six or seventy.
Speaker 1 (21:36):
Seven, something like that for Google right there.
Speaker 2 (21:38):
Yeah, And then moved to Philadelphia, and the house that
we paid thirty three thousand, nine hundred dollars for in
nineteen seventy two we sold for sixty seven nine hundred
dollars in nineteen seventy nine amazing, so thirty thousand dollars
increasing equity.
Speaker 1 (21:53):
There double the prisident.
Speaker 2 (21:55):
We moved to Pennsylvania, bought another fixer upper in the
western suburbs of Philly for the Outlandia sum of eighty
three thousand dollars. The probably should have sold for about
one hundred and twenty thousand.
Speaker 1 (22:05):
All the other ones in the neighborhood were they were
on the one twenty racket.
Speaker 2 (22:08):
So we did the fix up and we lived there
now for forty years, and the house is not probably
worth somewhere north of five hundred and fifty thousand dollars,
ye me. So those are the kinds of gains that
you can make if you invest in real estate. And
now I know it's kind of difficult to think about
what's going to be happening forty years from now.
Speaker 1 (22:25):
Yeap comes to the number is not too old, with
absolutely not people doing that every day. But it's simple fact.
What everything you're saying, I boil it down to the
simple one liner. Numbers don't lie. And when you have
had time and time again proven these theories correct, where
you invest in the market incredibly wisely, with a very
(22:46):
keen sense of the fixer ruppers and the neighborhoods and
the school districts, you will launch yourself regardless of your
earning capability right now, regardless of your current socio economic status,
your current job, your current salary. When you invest in
real estate, especially when you do it wisely, going for
the fixers in the great school districts, you are setting
(23:06):
yourself up for financial success in a way that very
few people choose to do these days. And it's to
their detriment.
Speaker 2 (23:12):
It certainly is it certainly is so the safest, most
lucrative investment you can probably make, YEP is buying that house.
Speaker 1 (23:19):
Very appealing buying that house.
Speaker 2 (23:21):
And to do it now. You really shouldn't be trying
to do this on your own. You need a good realtor.
And those of you who are outside of Pennsylvania and Delaware,
which are the two places of rynd licensed to practice
really state, I can certainly help you find a good realtor.
And here's how you can find out my recommendation. If
you dial up that dad and daughter talk with the
estate hotline.
Speaker 1 (23:41):
At absolutely guys call her text anytime four eight four
five seven four four zero eight eight.
Speaker 2 (23:47):
Once again, that's four eight four five seven four four
zero eight eight, and just leave a message or leave
a voicemail Text works too, and say, hey, John, like
to talk to you about needing a realtor in Hattiesburg,
Mississippi or whatever. And I'll be glad to do some
research and the local realtors and be glad to get
back to you with a recommendation. Doesn't mean you have
to use the person that I recommend, but you can
(24:08):
be certain that I will have done some research. It
will probably be a Keller Williams agent, because that's where
I'm going to start, and I do believe that we
have the best training program and the best mentorship program
of any real estate company in the in the country,
in the world, absolutely in the world, and that's been
recognized time and time again that we are probably the
best training company in the world, not just in the
(24:29):
real estate business. So it doesn't mean you have to
use him or her. And then you would say, well, general,
what do you get out of recommending or a realtor
in Hattiesburg, Mississippi will if you choose to use this person,
I do get a referral fee.
Speaker 1 (24:41):
That's the normal way.
Speaker 2 (24:42):
That completely charitable. If I didn't get a referral fee,
I would still do the.
Speaker 1 (24:48):
Recommendation if you are certainly steering people towards all the
right people to go to further information for their expertise
later on. So I think it's a win win for everybody.
Speaker 2 (24:57):
So let's talk again about some numbers that we touched
on in the past. Yes, that if you buy a
house right now for two hundred and fifty thousand dollars okay,
and if the projections for rates of increase come true
over the next five years, that two hundred and fifty
thousand dollars house is going to be worth somewhere north
of two hundred and ninety thousand dollars in five years,
just a few years.
Speaker 1 (25:17):
It's not like because again people know, even the most
busy person knows about real estate. Oh yeah, your net
worth will increase, I'm sure of that. When you ask
mop a pen to paper and say, well, how much
do you think a two hundred and fifty thousand dollars
house is going to be worth in five years, they
probably say, oh, maybe two fifty five to sixty whatever,
it's going to go up. When you tell them it's
actually closer to three hundred thousand dollars of net worth,
(25:38):
that's the jaw dropping thing. The Really, it's the wheels
turning and saying, maybe it's time to get your tone
in the market.
Speaker 4 (25:42):
Yep.
Speaker 2 (25:43):
And let's just say you're a young couple starting out,
no children, right, maybe both of you are working, and
you buy this house for two to fifty five years,
maybe there's a child or two that's arrived. Oh sure,
so you need a bigger house. You've got forty thousand
dollars plus of equity. You can use that to buy
the new house. Yeah, which again is going to give
you a bigger base to build more equity faster yep,
(26:05):
a house that you're going to enjoy living in more,
a place that your expanded family can grow up. Or
if your family hasn't materialized, you've got other things that
you can do with that equity. You could still move up, sell,
buy another house, yep. Buy, or you could you could
buy yourself that antique vintage Corvette.
Speaker 1 (26:23):
Go bigger, go home.
Speaker 2 (26:24):
It's your money, that's right, it's your money. But most
people will probably start out with a starter.
Speaker 1 (26:30):
Homest thing and then and then.
Speaker 2 (26:32):
Buy a move up home at least once and probably twice,
maybe even three times.
Speaker 1 (26:37):
Most people that I know, by the time they're you know,
hitting forties, fifty sixties retirement age, it's been at least
three homes.
Speaker 2 (26:43):
Yep. Of course, job transfers, oh yeah, not as frequent
as they used to be in the corporate world because
it costs a lot of money to move people around,
but job transfers still happen. They do, so you could
the sooner you get started, the sooner you're going to
begin building that well.
Speaker 1 (26:57):
And it's intimidating, we get it. Every single homeowner out
there had that knows exactly what you're talking about what
you're anticipating, and yeah, it can be a little stressful,
but there is a bliss waiting for you on the
other end of that settlement table that when all of
a sudden done and you're going to work hard in
the morning home and the price that you pay for
the place you live is going back to pay you
rather than a landlord. It's going to set you up
(27:17):
for some serious financial happiness down the road.
Speaker 3 (27:20):
It is.
Speaker 2 (27:20):
Indeed, now, this is not going to be without some stress, folks.
Speaker 1 (27:23):
No, no, but we're apartment living.
Speaker 2 (27:25):
I do recall that before Christie's mom and I bought
every house that we bought, yes there was a sleepless
night or two or three or six.
Speaker 1 (27:32):
Yes, that's healthy, that's normal, that's to be expected.
Speaker 2 (27:35):
But after we got in and saw what was happening
to our network, we calmed down a lot, buy a
home this spring. Don't wait.
Speaker 1 (27:41):
Yeah, we did.
Speaker 2 (27:42):
And everybody I know of who was in the real
estate visitors saying, oh, yeah, we're going up straight from there.
Yeah five and a half six percent, which would still
be a bargain.
Speaker 1 (27:50):
Oh my gosh.
Speaker 2 (27:50):
Yeah, but guess what happened now?
Speaker 1 (27:53):
No, I have yet to hear any one of the
air quotes experts on there, on any network, on any
website real estate financial otherwise explain how that hap.
Speaker 2 (28:00):
Yeah, I do know, I do know that the basic
mortgage interest rate somehow pivots off the ten year US
Treasury note interest rate, which now is about ten year
US Treasury note. That's the money. That's the interest rate
that the Treasury has to pay in order to sell
the bonds to finance the debt, which is way too
damn high. But that's another topic. Oh yeah, If you
(28:21):
can sell US Treasury bonds for two point one percent
instead of having to pay three percent, that says that
there's a lot of confidence in the US economy, the
United States as a country, because we are the place
where money heads when things get a little bit shakier
on the rest of the world. So the ten year
Treasury note rate is still very, very low, and that
is the basic reason that interest rates are still as
(28:43):
low as low as they are. So if you buy now,
you can also get settled in time for summer. You
can impress your family and friends with your new house. Okay,
you could start earning that equity now instead of waiting
six months or a year from now and right now
in the spring, there will be more houses is coming
on the market every day. More listings mean more choices.
So another good reason.
Speaker 1 (29:05):
For it doing it now double edged sword.
Speaker 2 (29:07):
Another comparison that I get asked to make from time
to time is John, should I buy now or wait
till next year? You know, I'm not sure what's going
to happen to interest rates and prices, and I'm just
not sure. I want to time myself down to a
mortgage and what. Let me tell you what's probably going
to happen.
Speaker 1 (29:21):
Okay, one of the big weaks telling us.
Speaker 2 (29:23):
Let me tell you what's probably going to happen now.
The interest rates about percent? Okay, a year from now,
it's probably going.
Speaker 1 (29:28):
To be about Nobody sees it going down. Again, it's
nobody sees it going now.
Speaker 2 (29:32):
Nobody sees it going down. That's the freddie Mac projection
for a fourth quarter of Okay, best projection we could make.
So that's about a half percent higher.
Speaker 1 (29:39):
Oh that's significant. That's significant.
Speaker 2 (29:41):
That is going to raise your principal and interest payment.
Buy about five percent.
Speaker 1 (29:45):
That's not about five percent. People see small. People see
five percent. They think, oh, well, what you know that
can't possibly make a big difference when you're talking about
the size of a home and a loan. Five percent
that makes a big difference.
Speaker 2 (29:55):
Home price now is you're going to buy as two
hundred and fifty thousand dollars projection a year from now
four point eight percent higher next year, that how is
going to cost you about to urund and sixty two
thousand dollars. So you put together the higher interest rate,
the higher price, and your mortgage principal and interest payment
instead of being twelve hundred and sixty dollars a month,
are going to be about fourteen hundred dollars a month.
Speaker 1 (30:15):
Wow, it stuff as usual. Hoppings certainly is here.
Speaker 2 (30:17):
Some thanks to our listeners for listening, and thank you
for having me my pleasure, and we'll see you again
next week.
Speaker 1 (30:22):
We'll be right backgang right after this not too and
we are back with the Kristin Agobian Show talking about
various ways to save huge money. When all of our
(30:42):
listeners out there, students of all ages, whether you're a
kid just out of high school, whether you're a senior
citizen thinking about just juicing up that resume or going
after a passion that you've always wanted to. You're thinking
the college, you know, all of the various universities out
of reach, way too much time, too much money, too
much energy the case, and we've got the coolest listeners
out there by far, sending in all of their tried
(31:05):
and true, proven strategies. I'm loving this to make all
of these college dreams a reality without walking out with
the My God, it's like a mortgage, that piece of
paper on the wall, a blessed mortgage, hundreds of thousands
of dollars. Don't do it. Hit your local community college,
start saving now, Go to if not a community college,
find the ones near you that have exactly what you're
(31:27):
looking for. Maybe not the big, splashy names, but the gorgeous,
gorgeous educations out there waiting for you. It's not about
the splashy names. It's not about the crippling debt. How
is that some sort of a badge of honor walking
out with a quarter million in debt. That's the kind
of numbers I'm hearing, and it's freaking me out. Don't
do it. Students of all ages, parents of students of
(31:49):
all ages, grandparents of students of all ages, for everybody
out there between twelve and one hundred and twelve thinking
about gaining that extra little bit of college education out there,
It is more less than ever for a fraction of
the price. I'm digging it. Here we go ways to
save huge cash and still be a successful student at
the same time, because you know, when you're going after
(32:09):
this next degree again, whatever age you are, you're gonna
have to go out there and save some money as well.
You're investing a bit of money. You want to be
able to save some money. And how do you do that.
There's nothing more charming to me than seeing what is
clearly a college student couple going out for a date. Okay,
and you want to know how you know you've got
a gem. How the guys know they've got a gym
(32:30):
for a girl? How the girls know they've got a
gym for a guy. The cheaper and cooler the date.
Use your imagination for some serious cheap dates. And I'm
talking about students of all ages again. Okay, if you're
looking for ways to save money, use your imagination. Come
up with some alternative dates for your significant other. And
now we talked before in the earlier part of the
hour about the huge discounts for movies and bookstores and
(32:54):
lectures and day trips and tours and everything else. Museums
get create, have some fun. Not only is it great
for finances, it's just great training for life for these kids,
or for kids of all ages. Doing this, Okay, you
gotta love it. Next up, come passionate about something. What
do I mean? Here's what I mean. Boredom is the
(33:17):
enemy of your wallet. Somebody sent me that phrase, and
it's genius. When you're bored, you want to consume something.
You want to be entertained, whether that's by some you know,
my god, fifty dollars night out in a movie for
two hours of entertainment, who knows what else, a local
bar for overpriced whatever. You know, you want to start
a DVD collection, or by video games, or drink more,
(33:39):
or upgrade things that don't need upgrading. Whatever. Become passionate
about something. Okay, now I love this. Here's a great thing.
This is cool. The founder of lyft Okay told a
great story when he was interviewed recently. Here's what he said.
He said, when he wasn't passionate about building his company,
he would spend weeks and weeks researching you name it.
(34:02):
Flat screen TVs trips. They wanted the best one possible.
Now he cares about building lift, he said, if he
even wanted to buy a TV, he'd just walk into
a store and buying inexpensive one without wasting time. So
here's the thing. Boredom is the enemy of your wallet.
If you find yourself even thinking the phrase man on board,
be aware, be hyper self aware that you're ripe to
(34:26):
spend money you don't need to spend, okay, And here's
one of the best ways you can guard against that.
And I don't mean to sound geeky, because this is true,
true advice from people from all walks of life, and
I love this. The enemy of boredom hit your local library.
It's not meant to roll your eyes. You want to
know what's waiting for you at your local library. DVDs
for free, amazing self help books for free, amazing motivational
(34:51):
bios for free. We're talking about training videos and you know,
every single thing you'd ever want to know about anything
you'd ever want to know, all waiting for you at libraries.
You know, I love libraries. Do you know who really
knows how to ratchet up a library to its next
highest and best incantation a university or college library. They
(35:12):
are the Yum of libraries. Okay, And if you want
to now here's some insider information as well, from someone
who has been happily married to the man of my
dreams for decades. Do you want to know what a
truly cool date is to feel someone else to what
kind of a spender they are on one of your
first dates, Grab some pizza, enjoy a little time, you
know whatever, hit the mall, do whatever you need to,
(35:35):
and then say you want to go to the library.
Maybe it's for a lecture, Maybe there's a new book in,
maybe there's a new dvdan See if their eyes kind
of light up a bit like that is wicked cool?
A free evening and pizza and everything else. See if
they're compatible with you when it comes to spending money.
It's a fantastic thing to do. And if you've got
kids who are about to hit the college scene, share
(35:57):
with them that little ditty as well, because in college,
maybe more than ever, the kids that you know and
love are going to be subjected to their first taste
of financial freedom, and it's an important thing for them
to experience without the lingering shadow of Mom and Dad
over them. Oh you sure you want to spend that.
Let them have free reign over their cash. It's their cash.
(36:19):
Maybe they you know, mowing lawns, babysitting, working, whatever, it's
their cash. Let them see firsthand just how swiftly it
can melt through their fingers if they overindulge. There's no
other way to learn it. We've all been there. And
then let them see how effortlessly it can stay in
the bank for the big things, when they have some
(36:41):
fun with a friend at the local bookstore, or just
for a bite of pizza rather than the fancy meal,
or with the track phone rather than one hundred and
fifty bucks a month they're spending on some or god
knows even more on the other stuff that their friends
are doing. It's going to be such a vitally important
part of their life in so many ways with regards
to the taste of freedom they have. Oh you know,
I don't have mom or Dad hanging over me saying
(37:02):
do your homework. I don't know I'm hanging over me saying,
you know, you don't want to spend that on this,
Spend it on that. This is go time for them now,
I've realized the rest of the show we were talking
about students of all ages, but I want to touch
on this too, because I feel like post secondary education
it's important high school vitally important, obviously getting an education
passed there with regards to trade schools, community college, two
(37:25):
year colleges, four year universities, everywhere in between. I feel
like it is an important segue into the real world.
And I'm talking about just their taste of life, what
they can spend on and how fast the money goes
through their fingers, how they can save, and how they
can keep it all right there in check, how they
are more in control than ever. It is a magical
(37:46):
thing to witness a kid going from that last day
in high school to the last day of their post
secondary education and all of the experiences they've had. You know,
maybe they've learned how to cook more. They've certainly learned
how to take better care of their time. They've learned
how a D minus feels on a report card that
they themselves are fully responsible for, and far more importantly,
(38:07):
they know how an A looks on that report card. Man,
they want to bump everybody because they're fully responsible for
it and their financial ideas, their financial decisions are all
theirs as well, and you want them to have that grand,
great enlightening and bolding feeling of knowing that their financial
destiny is completely and utterly in their hands. And that's
(38:31):
the sky is the limit. There's nothing like it. Go
out there, get a gang, and until next week, save
those pennies, pay with cash, and you all say frugal
out there,
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.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.