Personal Finance Misconceptions

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DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing 14 min 1 speaker 3 chapters transcribed 2 months ago
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What do Quint and Logan introduce about common personal finance misconceptions?

Quint 0:02
Hey, this is Allie, and thanks for listening to the show. Give us a five-star review where you listen and share this episode with someone who might need to hear it. Now, enjoy the show. Welcome back. Ladies and gentlemen, you're listening to another edition of DIY Money. DIY Money. Logan. Quint. It's been a long time since we've been on.
Logan 0:21
It feels like a long time.
Quint 0:22
I feel like it, yeah. So we're cutting this on Thursday, July 2nd. Yes, sir. And we are rolling into the July 4th. What are your plans this weekend?
Logan 0:31
my plans to spend time with you basically.
Quint 0:33
So that's tomorrow. Yes. The third, but do you guys on the fourth?
Logan 0:37
Uh, we're getting together with some of Hannah's friends from PA school. So we're getting a group together and just have pizza and hang out and nothing too exciting, but yeah, it'll be fun. It's kind of just one. It's 110 degrees here in Kentucky. So it's insane outside, but, uh, we'll get out and do kind of the normal thing and watch some local fireworks and stuff like that. So it'll be fun. What about you?
Quint 0:58
Well, I think I've talked about it on this podcast before. Years ago, we had an impromptu July 4th party because no one was really doing anything. And the way we kind of figured it out was there was a very large firework display in the next neighborhood. You can walk to it, kind of cut through whatever, a couple streets. They do a massive display. And so in my infinite wisdom, I thought the following – Number one, my youngest son's birthday is June 26. He is the one with some special needs, and people are really going to hate when I tell them the next thing. Number two, we can tell him that the neighborhood is going to light off fireworks for his birthday.
Yep.
Quint 1:45
Number three, we can have a party, combine one and two, and people leave my house by 8 p.m. on the dot.
Logan 1:54
That is nice. There is a designated end of the party.
Quint 1:56
It is fantastic.
Logan 1:58
This man is a genius.
Quint 1:59
You don't remember this. You didn't have the luxury. This was one of the very few luxuries of COVID, and that was if you had kids during COVID, birthday parties, they started a drive-by birthday party. Oh, wow. Okay, so here's how it went. I can see this in my head. People drive by, they're lined up down the street, and they start driving by, and they have a gift bag, and they'll put the gift bag out, and my son would run down with his mask on. Sure, thank you. You know, and wave, and then everybody would go home. And I was like, this is the best birthday party ever. So that's what we do. It became a tradition. And now it is literally my wife sends out an invitation and she says, come celebrate Aaron and America.
Quint 2:49
And Aaron still believes the fireworks are for him. He's 15, but that's fine. I'm not going to say otherwise. He doesn't quite understand why 1,000 people he doesn't know show up for the fireworks for him.

How do the hosts describe their July 4th birthday party tradition and why mention it?

Quint 3:02
But that's what we're doing. And I know you're going to come over and help grill. For sure. You're going to be the grillmeister and get going on that. We cook up probably 100 burgers tomorrow. It'll be a blast.
Logan 3:13
I mean, it's a big deal.
Quint 3:15
Yeah, I love it.
Logan 3:16
It's a big deal.
Quint 3:16
You're the king on the 4th of July. Well, because we don't really, again, there's not a lot of rhyme and reason to it. Like I saw seven people today. I was like, hey, what are you doing tomorrow? Come on. My wife's like, wait, what? But I'm like, that's how it has grown. For sure. And if you're listening to this podcast right now and you are not invited, that's not intentional. It's not. It's just maybe we haven't run into you in a while. But it's not like we send out this big invite. We text a few people. A few people text a few other people. And the rest is history.
Logan 3:44
I love it. It's great.
Quint 3:45
All right, let's go a few housekeeping odds and ends. Brief break for our sponsors.
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