Kristen Hagopian Show - 04 16 25

Episode Transcript

Speaker 1 (00:04):
Hey, everybody, Welcome to the Christinegopian 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. 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. And that is the word for it, guys.

(00:27):
It's at every earning level, every educational level, every city,
every town, and if someone you care about needs help,
pick up the phone and call the professionals at eight
hundred nine three two four zero a two. That's eight
hundred nine three two four zero a two the numbers
on our website as well, Guys, Brilliantfrugal Living dot com.

(00:49):
Help the ones you love put that chapter behind them.
Eight hundred nine three two four zero a two. Sitting
here clanking my coffee mug against the mic. Sorry about that,
going with a crim breulat man.

Speaker 2 (01:02):
This is good.

Speaker 1 (01:03):
I stirred some of my hippy dippy coconut oil in there.
I'm getting used to that. They keep saying how good
it is for me, So there you go, I'm in
way too much cream in it. That balances it out,
doesn't it? Yems looking out the studio windows at another
gorgeous april landscape. Guys, the leaves are coming out. It's
getting warmer. The daffodils back home that I cannot. I

(01:25):
can't kill these things now. I don't want to kill
these things, but I'm wonderful of killing plants. These daffodils
keep popping up year after year. They're they're waiting for me.
Love it, Praise the Lord, and today, guys, back by
popular demand, we are circling back yet again to subject
matter we connected on earlier. Huge response from listeners coast

(01:45):
to coast, of all ages. Everything slashing the cost of
continuing education and college. But good now again I was amazed.
Not only do people far more energetic than me want
to know on behalf of their kids and their grandkids,
but for themselves as well, to which I say, heck yeah,
get out there, guys. This is your reality. This is

(02:08):
your This isn't a dress rehearsal, guys, this is life.

Speaker 2 (02:11):
And if you have.

Speaker 1 (02:12):
Some sort of a new career ambition, make it a reality.
I had a great quote, this is what inspired me
to do one more segment on slashing the cost of college.
One of my favorite human beings out there, Mike row
Dirty Jobs, you remember him. He is just so down
to earth. I adore him when he talks.

Speaker 2 (02:30):
I love to listen.

Speaker 1 (02:31):
And he had such a great quote that tied in
perfectly to last week's show.

Speaker 2 (02:38):
But here's the thing. The cost of college.

Speaker 1 (02:41):
All right, we talk about how much things have, you know,
the cost of this, the cost of that. The cost
of college has increased faster in the last generation, far faster,
exponentially faster than the cost of healthcare, which we all
concern ourselves with. The cost of college has gone up
even faster. The cost of real estate, oh my god,
real estate these days. The cost of college has gone

(03:02):
even faster. Food, energy, you could go on and on.
The cost of college has skyrocketed past it. It's ridiculous.
Not only is it ridiculous, it's not a good use
of your cash.

Speaker 2 (03:16):
Now you know that.

Speaker 1 (03:17):
I'm a huge fan of spending money when it's warranted,
when it's going to come back at you, you know, fivefold, tenfold,
one hundred fold down the road, when it's a wise investment.
I am all for spending your money college educations, university educations.
I am a huge fan, a huge fan of after

(03:37):
high school going for continuing education in a career path
that you find of interest. Maybe you'll stay on that
career path of interest, maybe you'll start up at a
college environment and find a new path that interests you
even more. But regardless, I'm a big fan of once
you get that high school diploma for yourself, your family,
your friends, your grandkids, your kids, I'm a huge fan

(04:00):
of going that step further, go for continuing education. I
am not against it. I am hugely for it. My
parents instilled in me and their three daughters a big respect,
a well deserved respect for continuing education. However, and I
promise you I'm not going to go on a crazy
long tangent on this. Ever since they started saying the

(04:23):
US government and all of its grand brilliant she said,
with air quotes glory, saying, you know what, We're going
to start injecting loans, government loans into the school system,
in the college system, in the university system. And you
know what those colleges and universities did. They said, yeah,
bring it on, and they jacked up their prices Okay,
well intended, nice, so nice powder puff on the head,

(04:45):
well intended government out there, it screwed us. And now
as a result of these well intended consequences, I'm almost done.
You now have skyrocketing costs for college. Not only that,
but the bizarre, weird highlight zone political landscape and the
complete lack of open speech on so many of these campuses,

(05:06):
coupled with the price tag that you can never pay off,
It's just ridiculous to me. So in no particular order,
people sent me stuff right and left. Toho, God, this
is jade SCIPIONI I hope I'm saying this right. This
is fantastic stuff. Now, despite the recent you know this,
which revealed very unethical behavior by very affluent parents to

(05:27):
get their kids into a top university, nearly half of
Americans admitted that their college degree wasn't really worth the
hefty price tag in the end. Now here's the rub
everybody pulled. Actually, let me say here, ninety seven percent
of these thousands of people pulled, ninety seven percent said

(05:48):
that they were glad they had a college degree. It
was broadening, It helped them open their eyes as to
what they wanted to do. For a living. However, the
price tag not worth it. According to a new survey
by go Banking Rate, these guys are big. Forty two
percent of Americans polled said their degree and their time
at college wasn't worth all of the student debt it created.

(06:10):
Now again, they're glad they got the degree, but it's
not worth the debt. Currently in the US, more than
forty four million borrowers oh one point five trillion, not
billion trillion in student debt okay, according to data from
the Federal Reserve, and they know how to count their pennies.
It is the second largest consumer debt item behind mortgage debt. Now,

(06:33):
mortgage debt, you got yourself a house to live in, Okay.
Student loan debt, you got a beautiful piece of paper
and a frame. Now, which would you rather have? Here's
the next thing, mortgage debt. That's good debt to have.
Now when you're talking about student debt, not so much. Again,
huge fan of continuing education, not so much of the debt.

(06:54):
What's more, the average student leaves college today with more
than thirty three large thirty three thousand loans, according to statistics. Honestly,
the people I talk to the parents I talk to
the grandparents I talk to, it's about double that a
lot of the time. However, when asked about specific regrets,
a whopping eighty eight percent, right, eighty eight to ninety

(07:15):
four percent say they do not regret going to college
for the experience, but they wish they had done it
in a fashion that didn't result in so much debt. Okay,
so you're getting the point here. You don't have to
go and acquire all of that crazy tens of thousands guys,
I know people, I'm not naming names. Hundreds of thousands
of debt. It's crazy, guys. That's like a mortgage. That

(07:39):
is crazy, just like a mortgage. Now, and in no
particular order. I gotta do this, I gotta do this.
Here are some notable company founders. People say, I'm going
to college to get the college degree and start my
own company, and you know, I think it's going to
help me start a company. It certainly won't hurt. However,
notable company founders, I'll say, no coup company founders who

(08:02):
do not have a college degree.

Speaker 2 (08:04):
Okay.

Speaker 1 (08:05):
Travis Kalanick, you know who he is. He founded Uber
think he's doing okay despite the college degree and Now,
when I talk about doesn't have a four year college degree,
a lot of these people have a two year college degree.

Speaker 2 (08:18):
They went to the community college.

Speaker 1 (08:20):
They got the associate's degree rather than the bachelor's degree.
They learned.

Speaker 2 (08:24):
You know, there's so many different ways to do this.
Guy's where a.

Speaker 1 (08:26):
College degree will be the final result, but you don't
have to spend crazy for it. Other notable Yeah, other
notable company founders who do not have a college degree.
Michael Dell. Does Dell sound familiar? That's Dell Computer. Michael Dell,
no college degree. Another good one, Mark Zuckerberg Facebook, Yeah.

Speaker 2 (08:47):
That's right.

Speaker 1 (08:48):
To count the bs and billions for that one. Steve
Jobs another somewhat familiar name in the billionaire circles. A
rash for Dowie. I think I'm saying this wrong. A
rash for Dowsy A rosh. This is a big one
around here because he founded a company called Dropbox.

Speaker 2 (09:05):
A lot of you aren't familiar with that.

Speaker 1 (09:06):
However, anybody in radio these days, Dropbox is a huge
way to send files back and forth.

Speaker 2 (09:13):
With regards to audio files.

Speaker 1 (09:15):
When I'm sending the show to various people each week,
that's all done via Dropbox. Thank you, mister non college
degree a roshfor Dowcy. Okay, next up, jan Coom. Now
I don't know this app. It's called WhatsApp as opposed
to What's Up. WhatsApp, huge successful, multi billion dollar app
and he founded it with no college education. John Mackee,

(09:36):
I love this, John Mackee. One of my favorite places.
This is great Whole Foods Market. Whole Foods Market CEO
and founder John Mackie, no college degree, no four year
college degree. Last, but not least, a guy by the
name of Jack Dorsey, who you may or may not know,
is the founder of Twitter. Now, this I think underscores
an important note and I'm going to say it again.

Speaker 2 (09:57):
For the cheap seats.

Speaker 1 (09:57):
I am a huge fan of continuing educa ocasion after
high school.

Speaker 2 (10:01):
It's big.

Speaker 1 (10:02):
It's important to me. I feel that it helped broaden
me and get all kinds of fabulous ideas for my future.

Speaker 2 (10:08):
I say go for it.

Speaker 1 (10:09):
However, for the sake of your debt, for the sake
of your sanity, for the sake of your sleep quality
decades down the road, you don't want to have six
digits of debt for.

Speaker 3 (10:21):
A student loan.

Speaker 1 (10:22):
I would much prefer you have six digits worth of
debt for a mortgage, or for that second home, or
for that you know, starting your own company. That's what
I'm talking about. And guys, the time is flying, but
we're going to cover this for the rest of the
show as well. And I want your ideas to find
me online, brilliantprougalliving dot com. Tell me about your experiences
going with something other than a four year degree, how

(10:42):
it worked out for you and your homegrown company.

Speaker 2 (10:45):
More after this small, not too the best of all cheap,
cheap circumstance.

Speaker 1 (11:05):
And we are back with the Christen Agopian Show. And
I've been looking so forward to our next guest because
we have so many pet parents out there. I am
the proud pet parent of a lovely little turtle named Bob,
who is moot us forever. He knows us, we know him,
and a lot of times it's one of our greatest fears.
You know, your pet gets lost. It happens to families

(11:28):
and friends. You're like, wait a minute, how did your
beautiful pet cat? How did your beautiful pet dog get lost?
They think they're not the type to get lost, but
they do. And research you ready for this guy's research
estimates that one in three pets go missing. That blows
me away. It's a situation that can be unbelievable, stressful
and god forbid, heartbreaking. And joining us, I'm so glad

(11:50):
pet go Love created Lost Love to help. They really
know what they're doing here, guys. It's the largest free
national lost and found database using photo matching technology, which
is just amazing.

Speaker 2 (12:03):
And so far are you ready for this, guys?

Speaker 1 (12:05):
It has successfully reunited over one hundred thousand pets with
their families. So what makes Love Lost unique? How can
the community help? How can you benefit from it too?
Joining is vaur newsmaker line is Suzanne Kogit, president of
pet go Love, joining us from a very busy day
to tell us more.

Speaker 4 (12:24):
Welcome Suzanne, thank you, it's so great to be here.

Speaker 1 (12:27):
Kristen, it's so great to have you here. Now I'm
again I'm the proud owner. Will they own us? But
our lovely pet turtle Bob, never gets lost. He's in
his tank, he goes up for a walk in the
backyard while we're with him, that kind of thing. But
I know people very close to me who have lost
pets and it just stops the household on a dime. Now,

(12:48):
the people I know have had happy endings, thank goodness,
but there's a lot of ones out there that don't.

Speaker 2 (12:53):
And this is.

Speaker 1 (12:53):
Where your work is so important. Tell us a little
bit more about your work with this and the latest
break through that you've made, because realizing your pet is
missing is very scary.

Speaker 3 (13:03):
Yeah. Absolutely.

Speaker 4 (13:04):
I mean, pets are family for most people, and you
know you said it. When they go missing, I mean,
pet parents are frantic, they're worried. And the system that
we've created that's existed forever, I mean, we'll just currently
it tells you just a long list of places you
should go, things you should do, like putting a flyer

(13:26):
on a telephone pole in this digital age, right, Well,
I mean, honestly, at Peco Love, we're on a mission.
We want to simplify this. We want to create that
one stop shop for the community to come together and
to reunite lost pets.

Speaker 1 (13:41):
It's fantastic And I'm taking notes as you're talking here
because you bring up so many good points and it's
the best of all worlds, right because we have this
age old problem of our beloved pets getting a roving
you know, Paul, they're getting out there, they're doing something.
They can't find their way back home. You know, I'm
a human and I have trouble finding my way back
home sometimes without technology. So here you are blending the technology.

(14:02):
You must be getting a phenomenal response. I mean, one
hundred thousand pets reunited with their families can't be wrong.
What's the response been with this?

Speaker 4 (14:10):
Yeah, the response is phenomenal, But you know, honestly, we
still want.

Speaker 3 (14:15):
To do so much more.

Speaker 4 (14:16):
We're celebrating one hundred thousand, but we believe that we
can do so much more. We have shelters, they're overburdened.
You know, we have so many pets that still aren't
getting reunited with their families, and it's such a tragedy.
We think love loss can really be the solution to
make sure that every pet is reunited.

Speaker 3 (14:38):
And it's super easy to use.

Speaker 1 (14:40):
I love that, and you know, and again it's so
important because you do have so many of these wonderful
pets that have yet to be reunited, and you might
have a lot of owners like me where I'm just
ignorant on the latest breakthroughs, and I know I'm the
poster on the telephone pole with a staple gun kind
of gal And I've got a clue into the fact
that there are ways that with a couple of key

(15:01):
strokes you can be reunited with your pets. You must
be getting in a phenomenal response with this, but like
maybe even from people my age who are saying, I
had no idea this was available.

Speaker 4 (15:11):
Yeah, we're out there spreading the word, you know, and
getting it across the country. We're working with our shelter
partners across the country, like we can do this. It's,
you know, just simply taking a photo and uploading that
photo to I'm going to say, it's your digital telephone pole, right,
your national digital telephone pole if you lose or find

(15:34):
a pet and upload that photo and then let our
photo matching technology go to work.

Speaker 1 (15:39):
Awesome stuff. You must have some fabulous reunion stories. And
I have a question for you first. Now, Now you know,
I am like a turtle person because they are just
adorable and wonderful. But are you finding are there more
lost dogs than cats out there? Is it like an
even split or does it go wildly skewed one way
or the other.

Speaker 4 (15:56):
What's been your experience so it's actually evenly And I
know I think we even see that and pets coming
in to shelters, you know, similar dogs and cats as well.
And I think you know, we tell ourselves stories that
you know, oh people, you know they lose more dogs
and cats know, and they search, they post photos and report.

Speaker 3 (16:20):
Lost cats just as much as dogs too.

Speaker 4 (16:23):
I can't say we have the photo matching technology for
turtles quite yet, but.

Speaker 3 (16:27):
I don't know.

Speaker 1 (16:27):
Now you've got me thinking, I love it, and trust me,
put it on a back burner because turtles are great
at just staying where you put them. They're content where
they are. You throw them a couple of pieces of
you know whatever, good food, love it. They're just my
it's my creature spirit animal right there. Basically between the
movement and being able to keep it in place with food,
we were destined for each other.

Speaker 2 (16:47):
But in all seriousness, you've got a lot of people
out there.

Speaker 1 (16:50):
Maybe they're a little intimidated by the technology. They think,
oh they're going to have to get a chip implanted,
maybe they have to get something going on. They're not
quite sold on it yet. How do we get more
people through your doors with this knowledge and make their
pets lives that much safer and the owner's lives that
much more seene.

Speaker 3 (17:09):
Yeah. The great thing is is this is free.

Speaker 4 (17:12):
And easy to use by anyone. Right, it's just a photo.
You could register your pet in advance, so if they
go missing tomorrow, you can just click of a button
report them as lost.

Speaker 3 (17:26):
Free and easy to use. It's shameless.

Speaker 4 (17:28):
Like if you post on social media sometimes people can
say how'd your pet go missing and really be judgmental.

Speaker 3 (17:34):
Well, there's no judgment. It's no judgment.

Speaker 4 (17:37):
In our system, you could actually when our technology searches
that database of pets that people have reported, pets that
are in your shelters, pets that have been posted on
social media sites, will send you matches and then you
can even communicate in our system, and then you can
meet up and reunite that pet. And not only that,

(17:59):
you can report it one day and we will continue
to search. As new pets come into our system, our
system will continue to search and it will send you
potential match alerts. So something comes in later and they'll say,
look at these pets, is this your pet? You can
go back in there. That's a process that's not ending
until you say you found your pet.

Speaker 1 (18:20):
That is brilliant and again my jaws dropping a little
bit here because you know what this is too. It's
one of those stories where you know, all of us,
of all ages, from one year old to one hundred
and one years old, we all sometimes have our doubts
about the latest technology, like, holy mackerel, could I be
any more addicted or reliant on my Google Maps to
get me across the street?

Speaker 2 (18:40):
You know? Could I be whatever?

Speaker 3 (18:40):
Else?

Speaker 1 (18:41):
Here's a wonderful story you've just dropped in our lap
as to how technology can really make your lives a
lot easier, a lot less stressful. And I knew the
time would fly. Where can our listeners? We got listeners
coast to coast. We're very blessed about two hundred stations
from east to west. And we've got a lot of
pet owners out there who are very intrigued by this.
Where do we send them for more information?

Speaker 4 (19:01):
Just visit loveloss dot com and like you said, we
can all use technology for good.

Speaker 2 (19:06):
Exactly right good stuff. They'll tell me about your pets.
We got about a minute left. What do you have
waiting at home?

Speaker 3 (19:11):
So right now?

Speaker 4 (19:12):
I used to have seven dogs. I'm down over time.
I'm down to two dogs. I have a wonderful German
shepherd and then a mix of multiple breeds. And they're
waiting for me to come home to them every single
day and they make my day.

Speaker 1 (19:26):
Awesome stuff. I'm sure they feel the same way. Oh
great stuff. And again I knew the time would fly. Suzanne,
you got an open mic anytime. Thank you for all
that you're doing to make life so much simpler for
pet owners out there. And join us again when you can.

Speaker 2 (19:37):
We'd love to have you back.

Speaker 3 (19:39):
Thank you for helping us spread the word. Thanks a lot.

Speaker 1 (19:41):
Kristen, you bet we'll be right back gang right after this.

Speaker 3 (19:48):
I'm not too step.

Speaker 1 (19:56):
And we are back with the Kristen Agophian Show with
another rebulous 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 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.

(20:18):
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 welcome pop.

Speaker 5 (20:24):
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 embellish
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 to begin to

(20:44):
build wealth is to buy that first home.

Speaker 3 (20:46):
Yep.

Speaker 5 (20:47):
And now we're going to talk about some of the
reasons why that would be happening.

Speaker 6 (20:50):
Let me give you just a little bit of history.

Speaker 5 (20:52):
Okay, way back in nineteen sixty nine or seventy, your
mother and I bought our first house right Green Bay, Wisconsin.
Very good because our landlord had the absolute unmitigated gall
to raise our rent.

Speaker 2 (21:06):
Those evil landlords.

Speaker 5 (21:08):
Raised our rent from one hundred and fifty dollars a
month to one hundred and fifty five.

Speaker 1 (21:12):
How are you supposed to sleep at night with those
kinds of livings?

Speaker 6 (21:15):
That's right.

Speaker 5 (21:17):
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 seventy six

(21:37):
or seventy.

Speaker 6 (21:37):
Seven, something like that for Google right there yep.

Speaker 5 (21:40):
And then moved to Philadelphia. And the house will be
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 2 (21:55):
There double the president.

Speaker 6 (21:57):
We moved to Pennsylvania.

Speaker 5 (21:59):
I bought another fire upper and the western suburbs of
Philly for the OUTLANDIAT sum of eighty three thousand dollars.
They probably should have sold for about one hundred and
twenty thousand.

Speaker 1 (22:07):
All the other ones in the neighborhood were they were
on the one twenty racket.

Speaker 5 (22:10):
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.

Speaker 1 (22:17):
Yeh me.

Speaker 5 (22:18):
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 2 (22:27):
Yeap comes to the n one and ten is not
too old.

Speaker 1 (22:30):
Absolutely not.

Speaker 2 (22:32):
People do that every day. But it's simple fact.

Speaker 1 (22:35):
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
keen sense of the fixer uppers and the neighborhoods and
the school districts, you will launch yourself regardless of your

(22:55):
earning capability right now, regardless of your current socio. When
I can 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 yourself up for financial success in a
way that very few people choose to do these days.

Speaker 2 (23:14):
And it's to their detriment.

Speaker 5 (23:15):
It certainly is it certainly is so the safest, most
lucrative investments you can probably make.

Speaker 6 (23:21):
YEP, is buying that house very appealing buying that house.

Speaker 5 (23:24):
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 Dat and Daughter Talk real Estate hotline.

Speaker 1 (23:45):
At absolutely Guys call her text anytime four eight four
five seven four four zero eight eight.

Speaker 5 (23:51):
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 and 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

(24:12):
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.

Speaker 6 (24:26):
In the world.

Speaker 2 (24:27):
Absolutely in the world, and.

Speaker 5 (24:28):
That's been recognized time and time again that we are
probably the best training company in the world, not just
in the real estate business. So it doesn't mean you
have to use him or her. And then you wound say, well, John,
what do you get out of recommending or a realtor
in Hattiesburg, Mississippi. Well, if you choose to use this person,
I do get a referral fee.

Speaker 2 (24:45):
That's the normal way.

Speaker 6 (24:46):
That completely charitable.

Speaker 5 (24:49):
If I didn't get a referral fee, I would still
do the.

Speaker 1 (24:52):
Recommendation if you are certainly steering people towards all the
right people to go to further information for their expertise
later on.

Speaker 2 (24:59):
So I think it's a win win for everybody.

Speaker 5 (25:01):
So let's talk again about some numbers that we've touched
on briefly 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.

Speaker 1 (25:22):
Just a few years, 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 moup 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,

(25:43):
that's the jaw dropping thing that release. It's the wheels
turning and saying, maybe it's time to get your tone
in the market.

Speaker 6 (25:48):
Yep.

Speaker 5 (25:48):
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 a 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, which again is going to give you
a bigger base to build more equity faster.

Speaker 2 (26:11):
Yep.

Speaker 5 (26:11):
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 2 (26:30):
Go bigger, go home.

Speaker 5 (26:31):
It's your money, that's right, it's your money. But most
people will probably start out with a starter.

Speaker 2 (26:36):
Home'art thing then and.

Speaker 5 (26:38):
Then buy a move up home at least once, and
probably twice, maybe even three times.

Speaker 1 (26:44):
Most people that I know, by the time they're you know, forties,
fifty sixties retirement age, it's been at least three homes.

Speaker 6 (26:49):
Yep.

Speaker 5 (26:50):
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 sure do. So you can
the sooner you get started, the sooner you're going to
begin building that wealth yep.

Speaker 2 (27:04):
And it's intimidating, we get it.

Speaker 1 (27:06):
Every single homeowner out there had that knows exactly what
you're talking about, what you're anticipating, and yeah, it could
be a little stressful, but there is a bliss waiting
for you on the other end of that settlement table,
that when all 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 for some serious financial happiness down the road.

Speaker 3 (27:27):
It is.

Speaker 6 (27:27):
Indeed, now, this is not going to be without some stress, folks.

Speaker 2 (27:30):
No, no, but we're a barman living.

Speaker 5 (27:32):
I do recall that before Christy's mom and I bought
every house that we bought, Yes there was a sleepless
night or two or three or six.

Speaker 1 (27:39):
Yes, that's healthy, that's normal, that's to be expected.

Speaker 5 (27:42):
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. Low interest rates. We got
up almost a percent, and Trissy, yeah we did. And
everybody I know of who is in the real estate
visitors saying, oh, yeah, we're going up straight from there. Yeah,
five and a half six percent was still be a bargain.

Speaker 2 (28:01):
Oh my gosh, yeah, just what happened? We still know
why that happened.

Speaker 6 (28:03):
Interest rates went down. I don't know now, No, I.

Speaker 1 (28:06):
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 happened.

Speaker 6 (28:13):
Yes, I do know.

Speaker 5 (28:14):
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.

Speaker 6 (28:25):
That's the money.

Speaker 5 (28:26):
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.

Speaker 6 (28:33):
But that's another topic.

Speaker 5 (28:34):
Oh yeah, if you can sell US Treasury bonds for
present instead of having to pay percent, that says that
there's a lot of confidence in the US economy, the
United States as a country when I came down, 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

(28:56):
rates are still as low as they as.

Speaker 6 (28:57):
Low as they are.

Speaker 2 (28:58):
Good explanation.

Speaker 6 (29:00):
By now, you can also get settled in time for summer.

Speaker 3 (29:02):
Yes, you could.

Speaker 5 (29:03):
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 coming on
the market every day. More listings mean more choices, So
another good reason.

Speaker 2 (29:18):
For it doing it now, double edged sword.

Speaker 5 (29:20):
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.

Speaker 6 (29:33):
Let me tell you what's probably going to happen.

Speaker 2 (29:35):
Okay, what are the big weeks telling us?

Speaker 6 (29:36):
Let me tell you what's probably gonna happen. Now. The
interest rates about percent?

Speaker 5 (29:40):
Okay, a year from now, it's probably going to be
about five point one percent.

Speaker 2 (29:43):
Nobody sees it going down again, it's.

Speaker 6 (29:45):
Nobody going down. Nobody seeds is going down.

Speaker 5 (29:48):
That's the Freddie Mac projection for a fourth quarter of
ok best projection we could make. So that's about a
half a percent higher.

Speaker 2 (29:54):
Oh, that's significant. That's significant.

Speaker 5 (29:56):
That is going to raise your principal and interest payment
buy about five percent?

Speaker 2 (30:00):
Okay, that's not small.

Speaker 6 (30:01):
Five percent.

Speaker 2 (30:01):
People see small, people.

Speaker 1 (30:02):
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 6 (30:10):
Home price.

Speaker 5 (30:11):
Now, you're going to buy us two hundred and fifty
thousand dollars projection a year from now four point eight
percent higher next year, that hou is going to cost
you about two udred 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.

Speaker 6 (30:29):
Dollars a month.

Speaker 3 (30:30):
Wow.

Speaker 2 (30:30):
Stuff is usual. Hoppings certainly is.

Speaker 5 (30:32):
Here's some thanks to our listeners for listening, and thank
you for having me.

Speaker 6 (30:35):
It's my pleasure, and we'll see you again next week.

Speaker 1 (30:37):
We'll be read back gang right after this, and we
are back with the kristin a Gophian show talking about
your best most lucrative side hustles that you can do
from home, that maybe you can do from your current office.
Whatever it is that are going to bring in, that's

(30:58):
going to bring in the most amount of cash for
you and your family, as well as any degrees that
you might be thinking of pursuing at this point. Doesn't
have to break the bank. For God's sake, don't do it.
If there's one thing anybody out there who graduates college,
graduates from a university, they're saying they're so glad that
they did it. The experience was fantastic. What they deeply

(31:19):
regret is the debt involved. That's not going to hang
over their head for decades. Here's where we intersperse the two.
Where you put your fantastic, phenomenal current talents to work
on any of these fabulous websites and bring in some
serious coin, while at the same time parallel pursuing that
next degree in a way that's not going to break

(31:41):
the bank, and it's going to expand your hiring opportunities exponentially.
Once you get that next piece of paper, the best part,
that beautiful piece of paper, that college degree, that associate's degree,
that bachelor's degree, is not going to be some expensive
mortgage hanging on the wall. My god, people who are
spending two hunder grand for a college degree on a weep,
big fat frugal tears for my god. Okay, before the

(32:04):
dad and daughter break, we were talking about the best
gigs to do from home with these side hustles. Okay,
customer service. This is something in case you and I
think we're all in agreement, customer service is dead. However,
if you find that you are the person, you're the
guy that all the other guys say, Man, he is
really nice, he's just he's patient, he's cool, he doesn't

(32:26):
take your head off when he asks him a question.
Or she's fantastic, she's so pleasant all the time. Just
such a good person. That's rare. Guys, harness that monetize
that going to customer service on any of these sites,
all of these various businesses, in their various levels of growth,
they need customer service personnel, and these days you can

(32:48):
do it from home. This is a second place category
on upwork for Success and Money Score. We're talking again
easily over sixty dollars per hour from home sales and
mark getting same thing nearly twenty five percent earning more
than sixty dollars per hour on upwork Beautiful Accounting and Finance.

(33:08):
This is another magnificent side hustle that you will never
see me in accounting is just not my thing. Love
my accountant, love the accounting software out there that seems
to do it for me. However, there are many many
entities out there that need hands on accountants to maybe
finesse dotting the eyes, crossing the t's getting all that

(33:30):
wonderful tax money back that you can if you've got
that kind of talent under your skin. There are hundreds
of thousands of freelancers out there. The highest paid category
over half, over fifty percent earning more than sixty dollars
per hour. Beautiful thing engineering and architecture. They go and
survey over eighty thousand active freelancers. This is the top

(33:52):
two thirds of earnings across freelancing sites. Okay, about one
hundred dollars per hour. As a side gig, and I
love this one. This is something that this makes perfect sense.
Data science sounds kind of vague. If you've got computer
skills that you feel might be a good side hustle
data sciences. Forty four thousand active freelancers taking the survey,

(34:15):
twenty two percent earn more than one hundred and twenty
five thousand dollars per year on simply hired. That's the
kind of cashola you can make from these side gigs
while simultaneously, if you wish getting that extra degree, paying
next to nothing for it, maybe paying it off as
you go. It's a beautiful thing. Now this I wanted

(34:37):
to make sure we had enough time to cover this.
It depresses the hell out of me. But you know what,
knowledge is power? And this was sent to me? Who
sent this to me? This is another one from Jade Scipione.
I hope I'm saying this right. This is from Fox Business.
Ten job career ideas that simply aren't worth their pricey
educational requirements. Now, what depresses the hell out of is

(35:00):
that these are incredibly important careers for a humane, caring society.
So there's a lesson to be learned here. You can
still get a career in these amazing, incredible careers I'm
about to list off here, but get your education in
a way that doesn't break the bank, so you can
launch yourself into these careers without a lot of debt.

(35:21):
First up, human services worker, talk about a genre. Talk
about in an industry that separates us from the savages
out there. A human services worker does so much behind
the scenes. They take care of jobs that a lot
of us just simply don't have the jobs for However,
a psychology degree about one hundred and sixty one thousand dollars.
Balance that with the average salary, not the starting salary,

(35:44):
the average salary twenty eight grand per year. So you're
going into this twenty eight grand per year job with
one hundred and sixty large in debt over thirty years,
that only equals eight hundred and forty one thousand dollars
shaved down to six hundred and eighty thousand dollars after
paying off your costly degree. So you see what we're
doing here. We take up what it costs to get

(36:05):
the degree, we balance it out with thirty years in
your profession at the average salary, and then you got
what you've got left over. So human services worker such
an important industry. Get into the industry if that is
your calling. Find ways to get that degree, whether online,
whether at a less priced university, think about the community college.

Speaker 2 (36:25):
Get it done.

Speaker 1 (36:26):
Next up, daycare centers and teachers. You want to talk
about an incredibly valuable member of society. God bless the
daycare centers and the teachers of the world. And education
degree required from any of these jobs However, one hundred
seventy one thousand dollars average salary thirty grand. So the
low average annual salary of thirty grand makes it hard

(36:49):
to pay back that one hundred and seventy thousand dollars
education degree. Even if you put all your earnings towards
paying off all your degree expenses, it would still take
five years. Okay, thirty year career earnings only equal about
nine hundred fifty thousand dollars or about seven hundred eighty
thousand When you think about the degree expenses. That leaves
you with a meager salary of twenty five thousand dollars annually,

(37:13):
little more than half the annual average earnings nationwide. There
you go food for thought, or think about it. If
it is your calling to take care of the beautiful, adorable, wonderful,
challenging next generation of kids, find a calling that's going
to pay you a little bit more and has less
of a degree requirement. Okay, next up, one that I
will never be painter or illustrator a fine arts degree.

(37:36):
I was on the other side of campus with hotel
and restaurant management. We were getting dirty in the deep friers,
painters and illustrators, fine Arts degree one hundred and eighty
thousand dollars, average salary forty grand. Huge disparity between getting
that paid off and putting some coin in the bank.

Speaker 2 (37:51):
This is another thing.

Speaker 1 (37:53):
When you have the average mortgage holding over your head
waiting for you. Once you get your degree, you now
have to pay off a mortgage in student loan debt.

Speaker 2 (38:01):
You can't get a mortgage on a house.

Speaker 1 (38:03):
I want you, guys, and all of your offspring and
your grandkids everybody else to get that degree and be
able to walk off campus. Hey, I'm a graduate and
have zero in debt to then tackle that mortgage. In
no particular order, here's the rest of them. Graphic designer,
associate pastor, god bless, chemical dependency counselor, huge degrees and

(38:24):
not paying off elementary school teacher, think about being an aid.
Think about getting that degree. Here's the important thing. Get
that degree in an area that doesn't cost the average
salary of one hundred and seventy one thousand, and that
lower salary will take a lot less time to pay
it off. Bottom line, guys, find your passion, put a
career with it, but get it in a way that
doesn't cost the bank, and until next week save those pennies,

(38:47):
pay with cash, and you all stay frugal out there,
Small and not too steep