Reacting to People Justifying Their Outrageous Spending Habits

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Smart Money Happy Hour with Rachel Cruze and George Kamel 58 min 3 speakers 6 chapters transcribed
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What outrageous spending habits are being justified?

George Kamel 0:05
We listen and we definitely judge. If you ever justified an outrageous purchase or judged others for that, you're in the right place.
Unknown 0:13
I think that dog is in pain. I do. I think that dog is in pain.
George Kamel 0:17
I'll give you one that is also controversial. Private school. I think it's an egregious move. If anything, fractions of pennies when you think about the girl math we talked about earlier. Yes. Because you open your garage at least once a day. Maybe twice. Yeah. Things get crazy. Hey guys, I'm Rachel Cruz. I'm George Campbell. And this is Smart Money Happy Hour. Cheers, George. Cheers. Mmm. I love, I love a Manhattan. Well, this is the show where two friends who have new money experts talk about what you're talking about. Everything from pop culture, current events, and money. And today we are sipping on the Reddish Maroon Manhattan. That is named after our mixologist, Michael Reddish. We've got a special cocktail today for a special guy.
George Kamel 1:11
More on that later. Stick around to the end. We're going to review it, give you our rating, and the recipe will be in the show notes. Okay, George, I feel like one of our MOs is that we always tell people, like, put the blinders on. Just do what's best for you and your family. Don't be looking at other people. It's none of your business. You know, don't judge. You know, look at yourself and your family. But, you know, sometimes there is, I don't know, reason to judge. Would you agree? That's true. Well, speaking of reddish, he says this quote, it costs you $0 to mind your own business. Oh, there you go. I think about that often. I've not taken that advice. I would much rather pay to judge than to not judge and it be free.
George Kamel 1:49
Right. You know what I mean? 100%. It's worth the cost to me. Worth the cost. But it is fun. And every now and then, you know, you do look around. Everyone's done this. Where they look at a friend or something on Instagram or someone driving a car and they go, can they really afford that? You see the friends with the keys for the house and they're like, can they really afford it? Did mom and dad help out? We all have these questions. Yes, 100%. You're great at the talking through the teeth. That's a special move for you. Well, I usually am like, you don't know the story. You don't know what's really going behind, you know, the whole thing, you know, like all of it. But yet debt wouldn't exist if everyone could just pay for everything.
George Kamel 2:24
So there is something to be said. Sometimes the conspiracy theory is correct. They can't afford that. They are deeply in debt. And I think we can say out loud that America, we love our stuff. Sometimes we don't have the money for it. Yeah. So. But as always, while we judge, we are happy to call ourselves out. So let's go first. What would people say about you when they look at your spending? What is something you splurge on that someone else could never justify? They think it's so dumb and outrageous. So crazy. Um... I always use this one because I do think it's overpriced. People probably think it's stupid.

How do we judge others' spending decisions?

George Kamel 2:57
Valet parking at the airport. Oh. It's my favorite thing. That is true. They're like, why would you pay? Which they just upped the price. Ask me how I know. Because I went to the garage. Yeah. I just couldn't stomach it, Rachel. Oh, you parked in the garage. I went to the garage. I was like, well, I'll save. Well, valet parking in Nashville's airport is technically in the garage. It's just on the bottom floor. That is true. And someone else goes and parks for you. And to be fair, I don't know that I'll do it again. I circled for 15 minutes and I was like, I might miss my flight. I could not find a spot. And then finally I was like, I'll suck it up and go a mile away and walk. Oh, man. I was like, Rachel would be tisking me right now.
George Kamel 3:36
Okay, that is one thing. And maybe my shampoo, I just spend nice money on shampoo. I don't go drugstore shampoo. You're on camera a lot. Well, thank you for the justification. And if you use the drugstore shampoo, they're like, why does her hair look so dry? Look at that. She can't afford a better shampoo. So either way, you're going to get roasted.

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