Attention World! This Is What Things Should Cost

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Smart Money Happy Hour with Rachel Cruze and George Kamel 42 min 2 speakers 8 chapters transcribed 14 hours ago
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What is the episode’s opening discussion about inflation and everyday costs?

George Campbell 0:05
A family trip to the movies can easily cost you 80 bucks these days. It is rough out there. So today we're talking about the reality of inflation, but in a fun way, we promise.
Rachel Cruze 0:14
And I can
George Campbell 0:14
have $6 on my person and get a full meal.
Rachel Cruze 0:17
You are choosing the life that you have. That is unbelievable. You
George Campbell 0:20
sound like my therapist.
Rachel Cruze 0:22
One of my greatest fears is being convicted of a crime that I didn't commit. What if? Hey guys, I'm Rachel Kruse.
George Campbell 0:34
I'm George Camel.
Rachel Cruze 0:36
And this is Smart Money Happy Hour. Cheers, George. Cheers. Well, this is the show with two friends who happen to be money experts to talk about what you're talking about. Everything from pop culture, current events, and money.
George Campbell 0:52
And if you're wondering why we're snickering, we both just had a similar reaction to today's drink.
Rachel Cruze 0:57
And I don't, it's like a very neutral reaction.
George Campbell 1:00
Yeah. Very neutral.
Rachel Cruze 1:01
Very neutral.
George Campbell 1:03
We're sipping on a peach julep, which in my head was very exciting.
Rachel Cruze 1:07
Yes.
George Campbell 1:07
In my mouth, less so. So stick around to the end. We'll give you our full review, our full rating, and reveal the cost per glass. You don't want to miss that. All right. I've got a confession to make.
Unknown 1:19
Oh, can't wait to hear it. What is it,
George Campbell 1:22
George? I know that we're supposed to be like financial experts and
Unknown 1:24
all, but if I'm
George Campbell 1:25
honest, my brain is still stuck in 2006 in a Panera with a $6 you pick two.
Unknown 1:31
You remember that? Do you remember
George Campbell 1:33
those
Rachel Cruze 1:33
days? Yes.
George Campbell 1:34
I was in high school. I'd go with my friends
Rachel Cruze 1:37
and I could
George Campbell 1:37
have $6 on my person and get a full meal.
Rachel Cruze 1:40
Or I could go to Chili's on the strip at the University of Tennessee and get chips and salsa, a club sandwich and a molten cake. Get out of there for $12.
George Campbell 1:48
How did we get here?
Rachel Cruze 1:49
Genuinely. Now you go, and the sticker shock in life, it is so real.
Unknown 1:54
Yeah.
Rachel Cruze 1:55
You know, we talked about how we feel like when people say, oh, 20 years ago, we immediately go to like the 80s. Yes. Like in our head. In my head is 1985. That's how we feel with money still sometimes.
George Campbell 2:04
Like things should cost. What they cost
Rachel Cruze 2:07
20 years ago. Yes. Okay, what are things that are worth the money though, would you say? Oh my gosh. There's like a trend on social right now. I did one of these videos on
George Campbell 2:14
Instagram. Oh yes. TSA PreCheck is my go-to because I feel like people who don't have it live more miserable lives and they don't even know.
Rachel Cruze 2:21
Do you have global entry for like international travel? I
George Campbell 2:23
don't. I'm not a global traveler right
Rachel Cruze 2:25
now. Yeah, that's fair.
George Campbell 2:25
So I don't go very far. Okay.
Rachel Cruze 2:27
I know
George Campbell 2:27
you're always gallivanting the globe.
Rachel Cruze 2:29
No, I don't have global entry and I'm not gallivanting the globe. But yeah, TSA PreCheck is great.
George Campbell 2:36
Oh, you know another one that people sleep on? YouTube Premium.
Rachel Cruze 2:39
Okay. Because
George Campbell 2:40
I watch a lot of YouTube clips more than I watch streaming services, if that makes sense.
Unknown 2:44
Wow. So if you don't have to watch
George Campbell 2:46
ads... I feel like I've just saved a lot of time. Like, people watching this show right now on YouTube, probably about to watch an ad.
Rachel Cruze 2:52
You know what? I'm not going to judge. Because I think... I think a good manicure and like a dip manicure that lasts like three to four weeks. Totally worth it.
George Campbell 3:02
But does it cost triple a normal one or
Rachel Cruze 3:04
no? Triple a normal with normal polish to dip.
Yeah.
Rachel Cruze 3:10
Maybe, I mean, double for sure, yeah. Okay, you get what you pay for
George Campbell 3:14
is what you're saying.
Rachel Cruze 3:15
Yes, but I think it's worth it for
George Campbell 3:16
me. Term life insurance is another one that I think is, I know it sounds nerdy, but it's 100% worth the money.
Unknown 3:22
Okay, that's good. Like the
George Campbell 3:23
trade-off of
Unknown 3:24
like you
George Campbell 3:24
pay $40 a month for the next 15 years to potentially have a million, something were to happen to you.
Rachel Cruze 3:30
Totally worth it. I'd say the same with like professionals in my life when it comes to my money. Tax professionals, financial planner, a good real estate agent. Like to me, that's worth it to me. Like they have an area of expertise. I'm going to end up making more at the end or not get put in jail for taxes.
George Campbell 3:46
That's important for you.
Rachel Cruze 3:48
We don't want tax fraud here. I think you'd
George Campbell 3:49
do great in jail, but
Rachel Cruze 3:50
I don't
George Campbell 3:50
want you there.
Rachel Cruze 3:51
Oh my gosh. I think you'd
George Campbell 3:52
make a lot of friends.
Rachel Cruze 3:53
I could have a social club.
George Campbell 3:55
Yeah. You start a book club that went
Rachel Cruze 3:56
viral somehow. Do you know what's one of my greatest fears is being convicted of a crime that I didn't commit.

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