EP 187 How Do We Compare to Our Parents? Navigating Modern Adulthood with No Excuses
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In this episode, things get heated as Ildiko and Dan jump into a trending TikTok topic that reveals the significant generational shift between the milestones achieved by previous generations in their 20s and the current struggles faced by many young adults today. With more than half of 18-29-year-olds still living with their parents and dealing with crushing student debt, the journey to financial independence and success has become increasingly challenging.
The episode explores the societal and economic factors that have contributed to this generational experience. It presents key statistics, including rising education costs, delayed homeownership, and the increasing age for marriage and family formation. However, the discussion also offers hope through practical solutions for parents who want to empower their children to succeed in this new reality.
Listeners will learn about the importance of early financial education, the potential of entrepreneurship, and the value of pursuing practical skills and education. The episode also provides tips on how parents can help their children set realistic goals and navigate their path to independence and success.
Whether parents seeking guidance or young adults looking for direction, this episode offers valuable insights and actionable advice for tackling the challenges of the new adulthood.
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[00:00:00] [SPEAKER_02]: He Could Go Work All The Jobs He Want So The Jobs And You Can Call If I For Or No.
[00:00:03] [SPEAKER_03]: No, You're Making Excuse It.
[00:00:04] [SPEAKER_02]: I'm Not Impelling You Are.
[00:00:06] [SPEAKER_02]: You're Not Gonna Say Money Quick Enough Your Renser To High.
[00:00:10] [SPEAKER_03]: How Much You Think Kids Make Right Now?
[00:00:11] [SPEAKER_02]: How Much You Think It Kid Makes Right Now?
[00:00:14] [SPEAKER_03]: There's Kids That Are Making Millions Of Tall Lovers.
[00:00:16] [SPEAKER_02]: No, I Know But I'm Saying Yeah.
[00:00:17] [SPEAKER_02]: What We Talked About?
[00:00:18] [SPEAKER_02]: That's What Im Saying.
[00:00:19] [SPEAKER_02]: That's What Im Saying.
[00:00:19] [SPEAKER_03]: That Ain't To Be Something Diff At The Fart No.
[00:00:22] [SPEAKER_03]: You're Making Excuses For People.
[00:00:24] [SPEAKER_03]: They're Following Into The System.
[00:00:26] [SPEAKER_03]: They're Following Into The System.
[00:00:27] [SPEAKER_03]: Okay?
[00:00:28] [SPEAKER_03]: All Of Our Friends Know This.
[00:00:30] [SPEAKER_03]: They're Not Their Parents Are Educating Them On How To Become Entrepreneurs And How To Get Financial Freedom.
[00:00:43] [SPEAKER_03]: Uh...
[00:00:44] [SPEAKER_03]: No.
[00:00:46] [SPEAKER_03]: Oh, That's Better Right, Babe?
[00:00:49] [SPEAKER_03]: Yeah!
[00:00:51] [SPEAKER_02]: Yeah!
[00:00:53] [SPEAKER_02]: She Found In Our Detectual Concrete Company.
[00:00:56] [SPEAKER_03]: He Founded $100 Million Clothing Company.
[00:00:59] [SPEAKER_02]: She Tick The World By Storm as A Social Media Star.
[00:01:02] [SPEAKER_03]: He Tick The World By Storm as A Famous Serial Entrepreneur.
[00:01:06] [SPEAKER_02]: Together We Started The Business.
[00:01:08] [SPEAKER_02]: And Had Baby Is Now We're Figuring Out The Best Ways To Do Both.
[00:01:12] [SPEAKER_03]: Join us as we Learn From Other Entrepreneurs Going Through The Same Life Struggles.
[00:01:16] [SPEAKER_02]: As They Share Their Life Hacks About Success, Love Kids.
[00:01:20] [SPEAKER_00]: And Everything In Between.
[00:01:22] [SPEAKER_00]: Each Life Is Made Up Of Mistakes.
[00:01:26] [SPEAKER_00]: Learning.
[00:01:27] [SPEAKER_00]: Waiting And Grow.
[00:01:29] [SPEAKER_00]: Practice And Patience.
[00:01:31] [SPEAKER_00]: Being Present.
[00:01:33] [SPEAKER_00]: Cool By Billy Graham.
[00:01:35] [SPEAKER_00]: We All Have A Wonder Woman Inside Us.
[00:01:40] [SPEAKER_02]: Welcome to The Pretty Punk Podcast.
[00:01:42] [SPEAKER_02]: My name is Dan Kallwell, and I'm here with my Beautiful wife and co-host, Il the Co-Friends.
[00:01:50] [SPEAKER_03]: I don't know why it didn't.
[00:01:53] [SPEAKER_02]: I was looking at you, but you didn't say it.
[00:01:56] [SPEAKER_03]: So I didn't know what I'll see we're going to say any of it.
[00:01:59] [SPEAKER_02]: Because I always really secretly want to say it for you.
[00:02:05] [SPEAKER_02]: But usually you jump in there and say it.
[00:02:07] [SPEAKER_02]: So I said it for you.
[00:02:08] [SPEAKER_03]: I know but we're always talking over each other.
[00:02:11] [SPEAKER_03]: Just let me say my name.
[00:02:12] [SPEAKER_02]: Okay, go ahead.
[00:02:13] [SPEAKER_03]: Say I know I'm done.
[00:02:15] [SPEAKER_02]: But say it.
[00:02:16] [SPEAKER_03]: Il the Co-Friends.
[00:02:18] [SPEAKER_02]: There We Go.
[00:02:19] [SPEAKER_02]: Okay, we have another great podcast for you.
[00:02:23] [SPEAKER_02]: We're just playing with this TikTok thing that's going on this train.
[00:02:28] [SPEAKER_03]: I brought up this trip.
[00:02:29] [SPEAKER_02]: Because I had to share this video about how kids of today and we kind of fall in the middle there somewhere.
[00:02:35] [SPEAKER_02]: But kids of today and how they compared to their parents back when they were growing up.
[00:02:40] [SPEAKER_03]: I guess our parents.
[00:02:42] [SPEAKER_02]: So like our, well if you look at our generation, even our generation compared to our parents generation.
[00:02:48] [SPEAKER_02]: You know, my parents were running into my parents.
[00:02:53] [SPEAKER_02]: We're running into sign up for war.
[00:02:55] [SPEAKER_02]: You know, my dad's going to be a nom.
[00:02:58] [SPEAKER_02]: But you know, our, you know, we're the kids of today or, you know, I just couldn't imagine someone who gets caught and wore in their purple hair.
[00:03:08] [SPEAKER_02]: Like I don't know.
[00:03:09] [SPEAKER_02]: I just don't know.
[00:03:11] [SPEAKER_02]: But anyways, we have podcasts about it.
[00:03:13] [SPEAKER_02]: We'll be back right after this.
[00:03:16] [SPEAKER_02]: Hey, guys. We hope you're enjoying today's episode of the Pretty Impunk podcast and if you are and you haven't already hit that like and subscribe button.
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[00:03:47] [SPEAKER_03]: We want to celebrate you because we know it's not easy being a parent and business.
[00:03:51] [SPEAKER_03]: And the way that you juggle things makes you a superhero.
[00:03:54] [SPEAKER_03]: That's worth a shout out together.
[00:03:56] [SPEAKER_03]: We have a community of our personal followers as well.
[00:04:00] [SPEAKER_03]: And we just want to put it out there.
[00:04:02] [SPEAKER_03]: We want to show everybody that this juggle is possible.
[00:04:06] [SPEAKER_03]: And you are our family.
[00:04:08] [SPEAKER_03]: And we're so proud and grateful to have you of part of this family.
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[00:04:19] [SPEAKER_03]: And thank you again, and let's get back to the show.
[00:04:22] [SPEAKER_03]: Well, when you brought it up, I thought it was really interesting.
[00:04:25] [SPEAKER_03]: So I watched the whole...
[00:04:28] [SPEAKER_01]: Did you watch the video I sent you?
[00:04:30] [SPEAKER_03]: Yeah, I watched her whole speel.
[00:04:32] [SPEAKER_03]: And the funny thing is when I think about it,
[00:04:36] [SPEAKER_03]: I thought I did really well for your pointing at the mics.
[00:04:42] [SPEAKER_03]: And that means I need to be out.
[00:04:42] [SPEAKER_02]: You have a closer to the mic.
[00:04:44] [SPEAKER_03]: Right, and I thought I was doing really well because my...
[00:04:49] [SPEAKER_03]: But when I think about it, at 18, my mom left everything behind.
[00:04:55] [SPEAKER_03]: So I thought I was doing pretty good at 18, 16, I bought my first property, right?
[00:05:01] [SPEAKER_03]: 21, I bought my first commercial property.
[00:05:05] [SPEAKER_03]: I had an architectural business at that time, architectural concrete company.
[00:05:11] [SPEAKER_03]: But when I think back, at 18 years old, my mom left everything behind.
[00:05:17] [SPEAKER_03]: In a different country, she had a baby.
[00:05:20] [SPEAKER_03]: Then she came to this country and started from scratch,
[00:05:26] [SPEAKER_03]: invested in a bunch of real estate, started a business with my dad.
[00:05:30] [SPEAKER_03]: So she was actually more ahead than I was.
[00:05:35] [SPEAKER_02]: Oh, do you know exactly where she was at 18?
[00:05:38] [SPEAKER_02]: What was exactly where she was doing at 18?
[00:05:41] [SPEAKER_02]: Do you remember?
[00:05:42] [SPEAKER_03]: Well, here's the thing.
[00:05:45] [SPEAKER_03]: She didn't have the property that I had.
[00:05:49] [SPEAKER_03]: And then just a couple years later though, by the time I was 21,
[00:05:55] [SPEAKER_03]: she had a few properties, plus she was building the business with my dad.
[00:06:02] [SPEAKER_03]: So she caught up quick.
[00:06:04] [SPEAKER_03]: Like she just got things done very quickly.
[00:06:08] [SPEAKER_03]: And then it just went from there.
[00:06:09] [SPEAKER_03]: Then I think at one point she had 27 properties.
[00:06:16] [SPEAKER_03]: And there was Airbnb before there was Airbnb.
[00:06:20] [SPEAKER_03]: She invested in a place on a lake and was renting it out through the paper.
[00:06:25] [SPEAKER_03]: Like just doing all these different things that, you know.
[00:06:30] [SPEAKER_02]: Well, I just think, I mean, here's the thing.
[00:06:33] [SPEAKER_02]: So if you look at kids of today, they, I just don't see the sense of urgency to really put their lives together.
[00:06:39] [SPEAKER_03]: But 20 years old.
[00:06:40] [SPEAKER_03]: Well, and they're living with their parents.
[00:06:42] [SPEAKER_02]: But a lot of them has to do with housing prices too.
[00:06:44] [SPEAKER_02]: I mean, you look at housing, housing, you know, double the cost.
[00:06:48] [SPEAKER_03]: There's that other tick talker that not a property for $10,000.
[00:06:53] [SPEAKER_03]: Well, you have it.
[00:06:55] [SPEAKER_02]: Yeah, but if you buy for $10,000, we have to pay $10,000.
[00:06:58] [SPEAKER_02]: Just wait.
[00:06:59] [SPEAKER_03]: This is the whole problem is that we're not challenging our children and
[00:07:06] [SPEAKER_03]: off.
[00:07:06] [SPEAKER_03]: My mom was challenging me and also teaching me how to buy property.
[00:07:12] [SPEAKER_02]: Yeah, but when I thought.
[00:07:13] [SPEAKER_02]: When I thought.
[00:07:14] [SPEAKER_02]: When I thought.
[00:07:14] [SPEAKER_02]: When I thought.
[00:07:15] [SPEAKER_02]: When I thought.
[00:07:17] [SPEAKER_02]: That time, you could buy a house for like $6,000 or $12,000.
[00:07:21] [SPEAKER_03]: It's that no.
[00:07:23] [SPEAKER_02]: When your mom was 18.
[00:07:25] [SPEAKER_02]: When I when I was 18.
[00:07:28] [SPEAKER_02]: So they could buy homes for next to nothing and their wages.
[00:07:32] [SPEAKER_02]: See, wages happen.
[00:07:33] [SPEAKER_03]: When I bought houses, it was fast enough to not that.
[00:07:37] [SPEAKER_02]: Increasing slower than the housing prices are.
[00:07:40] [SPEAKER_02]: So in other words, today's kid can't go.
[00:07:43] [SPEAKER_02]: He could go work all the jobs he wants or the jobs he could qualify for.
[00:07:48] [SPEAKER_02]: I'm not.
[00:07:49] [SPEAKER_02]: I'm not.
[00:07:49] [SPEAKER_02]: I'm telling you, you're not going to save money quick enough.
[00:07:52] [SPEAKER_02]: You're rents or too high.
[00:07:53] [SPEAKER_03]: How much do you think kids make right now?
[00:07:55] [SPEAKER_02]: How much do you think a kid makes right now?
[00:07:58] [SPEAKER_03]: There's kids that are making millions of tall ones.
[00:08:00] [SPEAKER_02]: No, I know but I'm saying yeah.
[00:08:02] [SPEAKER_02]: What we talked about.
[00:08:02] [SPEAKER_02]: That's what I'm saying.
[00:08:03] [SPEAKER_02]: That's what I'm saying.
[00:08:03] [SPEAKER_02]: They need to be something different.
[00:08:05] [SPEAKER_03]: No, you're making excuses for people.
[00:08:08] [SPEAKER_03]: They're following into the system.
[00:08:10] [SPEAKER_03]: They're following into the system.
[00:08:11] [SPEAKER_03]: Okay, all of our friends know this.
[00:08:14] [SPEAKER_03]: They're not.
[00:08:15] [SPEAKER_03]: Their parents aren't educating them on how to become entrepreneurs and how to get financial
[00:08:21] [SPEAKER_03]: freedom.
[00:08:22] [SPEAKER_03]: You're making excuses.
[00:08:24] [SPEAKER_02]: No, I'm telling you that kids are going through different jobs.
[00:08:27] [SPEAKER_03]: And McDonalds or something absolutely they're never going to make the money.
[00:08:32] [SPEAKER_03]: They're never going to make the money.
[00:08:33] [SPEAKER_02]: That's what I'm saying.
[00:08:34] [SPEAKER_02]: That American Dream is going to affect your daughter.
[00:08:37] [SPEAKER_02]: I'm not going to be a good non-law.
[00:08:39] [SPEAKER_02]: And gross slowly.
[00:08:40] [SPEAKER_02]: It's usually a challenge.
[00:08:41] [SPEAKER_02]: Here's a challenge.
[00:08:42] [SPEAKER_02]: You're not going to go slowly anymore.
[00:08:43] [SPEAKER_02]: You have to be 12 in their job in entrepreneur and start making millions by
[00:08:47] [SPEAKER_02]: 10 year 18.
[00:08:48] [SPEAKER_03]: Do you remember that?
[00:08:50] [SPEAKER_03]: Do you remember what my mom did to me?
[00:08:53] [SPEAKER_03]: Do you remember what she did to me?
[00:08:54] [SPEAKER_02]: Which part?
[00:08:55] [SPEAKER_03]: Okay, we had our business, right?
[00:08:58] [SPEAKER_03]: We had our businesses.
[00:09:00] [SPEAKER_03]: I don't, I mean, maybe you don't know but she challenged me to get a regular job.
[00:09:07] [SPEAKER_02]: Yeah.
[00:09:07] [SPEAKER_03]: Okay, I learned in a clothing store.
[00:09:10] [SPEAKER_02]: Yeah.
[00:09:10] [SPEAKER_03]: And I quit two weeks after because I knew that I didn't want to get caught in a system.
[00:09:16] [SPEAKER_03]: I didn't want to be told when to take a break, when to have my lunch, when to, I didn't,
[00:09:22] [SPEAKER_03]: I couldn't do it.
[00:09:24] [SPEAKER_03]: And I was making less money than before.
[00:09:27] [SPEAKER_03]: Okay?
[00:09:29] [SPEAKER_03]: There was all these crazy rules.
[00:09:32] [SPEAKER_03]: I didn't have the freedom to speak with my clients the way I believed they wanted to be
[00:09:38] [SPEAKER_03]: spoken to.
[00:09:40] [SPEAKER_03]: It was ridiculous.
[00:09:41] [SPEAKER_03]: Then I also had a serving job as a waitress for a minute because she wanted me to try life
[00:09:48] [SPEAKER_03]: experience and try different things.
[00:09:51] [SPEAKER_03]: I'm sure you can open up a business and start a business for some kids and run it for
[00:09:57] [SPEAKER_03]: them and they may not be interested and they may be more comfortable in a nine to five
[00:10:03] [SPEAKER_03]: years or working at a Robins donuts or whatever these, you know, McDonald's.
[00:10:08] [SPEAKER_03]: But yes, they will not be buying a house.
[00:10:11] [SPEAKER_03]: I'm sorry to say and they may even be on part time.
[00:10:15] [SPEAKER_03]: And they can't even rent that's a problem too.
[00:10:17] [SPEAKER_02]: They cannot make enough money to rent.
[00:10:20] [SPEAKER_03]: So who's fault is that?
[00:10:22] [SPEAKER_03]: Who's fault is that?
[00:10:23] [SPEAKER_02]: Well, I'm just saying there's a lot of breakdowns here.
[00:10:25] [SPEAKER_02]: It's yeah.
[00:10:25] [SPEAKER_03]: Kids need to take the accountability to get into these.
[00:10:29] [SPEAKER_02]: All of us are it's our administration's fault.
[00:10:32] [SPEAKER_02]: I'm creating this type of inflation.
[00:10:33] [SPEAKER_02]: It's brought us to the point where we just have to make so much money that inflation doesn't
[00:10:37] [SPEAKER_02]: matter because a lot of these kids who want if you want to be a doctor today and they're
[00:10:43] [SPEAKER_02]: buckled down trying to go through eight years of school, they are not going to be able
[00:10:52] [SPEAKER_02]: to afford to live or pay for their own stuff.
[00:10:57] [SPEAKER_03]: But then you need some help.
[00:10:59] [SPEAKER_03]: Your parents also need to say, hey, because it's a lot of waste of money.
[00:11:05] [SPEAKER_03]: There's probably what 30 years.
[00:11:06] [SPEAKER_03]: Well, I'm not an R. You better.
[00:11:07] [SPEAKER_03]: That's 10,000 to 9,000.
[00:11:09] [SPEAKER_02]: Your university isn't a waste of money.
[00:11:11] [SPEAKER_02]: But that's for sure.
[00:11:12] [SPEAKER_02]: You want to be a church.
[00:11:14] [SPEAKER_02]: I'm not saying you have to go to university.
[00:11:16] [SPEAKER_03]: I'm not saying it's a waste of money.
[00:11:17] [SPEAKER_03]: But there are some kids that are so unresponsible.
[00:11:21] [SPEAKER_03]: They will take their parents money and just go to school.
[00:11:25] [SPEAKER_02]: I didn't go to university for a long time, but I dropped out.
[00:11:29] [SPEAKER_02]: But it's I think that going to university can be important for people.
[00:11:34] [SPEAKER_02]: Especially if you need to learn how to learn.
[00:11:36] [SPEAKER_02]: That's what you do in university.
[00:11:38] [SPEAKER_02]: To me, it's not about what you learn in there.
[00:11:40] [SPEAKER_02]: It's learning how to learn in there.
[00:11:41] [SPEAKER_03]: Well, here's the thing.
[00:11:43] [SPEAKER_03]: My brother, he was going to be in attorney.
[00:11:46] [SPEAKER_03]: He knew it. He wanted it.
[00:11:49] [SPEAKER_03]: And you know what he did.
[00:11:50] [SPEAKER_03]: He worked his butt off until it killed them.
[00:11:55] [SPEAKER_03]: So I mean,
[00:11:56] [SPEAKER_02]: But see, but he didn't live in this time.
[00:11:59] [SPEAKER_02]: What we're arguing about is that work wouldn't have been enough.
[00:12:03] [SPEAKER_02]: Okay, but do you know here's your daughter wouldn't have gone far enough to put him up in a rental property to be able to live in a living.
[00:12:12] [SPEAKER_03]: Actually, actually.
[00:12:14] [SPEAKER_02]: Yeah, I'm saying today he wouldn't his money wouldn't have been gone far enough for him to be able to pay rent.
[00:12:20] [SPEAKER_02]: He'd had to live for a, what do you think he was paying?
[00:12:24] [SPEAKER_02]: Or sleep on the house.
[00:12:25] [SPEAKER_02]: I was just telling you that cost of living has gone up faster than wages have.
[00:12:32] [SPEAKER_02]: So he would imagine being making $10 or $15 an hour.
[00:12:37] [SPEAKER_02]: But the cost of renting is much more than $15 a month.
[00:12:41] [SPEAKER_02]: And he's saying that that's not available to everybody.
[00:12:44] [SPEAKER_02]: You know, yeah, there's started business.
[00:12:46] [SPEAKER_03]: Start a business, damn.
[00:12:48] [SPEAKER_03]: Start a business.
[00:12:49] [SPEAKER_02]: That's the solution.
[00:12:51] [SPEAKER_02]: Yes, I'm saying that is the big, but it's becoming the only solution.
[00:12:56] [SPEAKER_02]: If you and it's not.
[00:12:58] [SPEAKER_03]: Well, that's not true because he was making a lot of money on his second job, which was construction.
[00:13:04] [SPEAKER_03]: But that's what killed him.
[00:13:06] [SPEAKER_03]: There was a work.
[00:13:07] [SPEAKER_03]: It was a tragedy.
[00:13:07] [SPEAKER_02]: I'm saying it's that it's becoming harder and harder to live out that situation.
[00:13:13] [SPEAKER_02]: I mean, being able to work two jobs plus go to university plus pay for all your stuff.
[00:13:22] [SPEAKER_02]: It's almost becoming important that parents have to be a part of that because
[00:13:28] [SPEAKER_02]: inflation is taking all the costs of all the food, look at food, look at food.
[00:13:33] [SPEAKER_02]: How are people going to eat?
[00:13:35] [SPEAKER_02]: Especially if you, I mean, you would be, you want them to eat healthy.
[00:13:38] [SPEAKER_02]: Don't they don't you?
[00:13:39] [SPEAKER_02]: I mean, what is the cost you seen our groceries?
[00:13:41] [SPEAKER_02]: We've looked at them.
[00:13:43] [SPEAKER_02]: We've gone, oh my gosh.
[00:13:44] [SPEAKER_02]: I yesterday have, I thought somebody took half of our groceries because I looked outside
[00:13:49] [SPEAKER_02]: and I was like, I saw the, I saw what it cost on Instacart.
[00:13:53] [SPEAKER_02]: And I was like, I think it was $350.
[00:13:57] [SPEAKER_02]: And I looked out and there was like one little bag of food out there.
[00:14:01] [SPEAKER_03]: Instacart, we don't even use it.
[00:14:03] [SPEAKER_02]: Or whatever it was.
[00:14:05] [SPEAKER_02]: Whatever you used.
[00:14:07] [SPEAKER_02]: And there's a hundred, there's one little tiny bag of clothes that are food out there.
[00:14:14] [SPEAKER_02]: Money is not going as far.
[00:14:16] [SPEAKER_02]: It's not getting, I mean, they don't want to live in the hood.
[00:14:22] [SPEAKER_02]: They don't want to walk out to being shot at or robbed.
[00:14:26] [SPEAKER_02]: So, you know, when I, I can remember when I wanted to go to, you know, I was delivering
[00:14:30] [SPEAKER_02]: Spas out of high school.
[00:14:32] [SPEAKER_02]: Well, it was working at Ride and then I quit and started delivering Spas because
[00:14:36] [SPEAKER_02]: it was pain so good.
[00:14:39] [SPEAKER_02]: And I got my own place.
[00:14:41] [SPEAKER_02]: I was living in an apartment but it was a nice apartment complex.
[00:14:44] [SPEAKER_03]: So how am I choreo you paying?
[00:14:46] [SPEAKER_02]: Oh, shoot.
[00:14:47] [SPEAKER_02]: Oh, what were you being?
[00:14:48] [SPEAKER_02]: Maybe 600 bucks a month.
[00:14:51] [SPEAKER_02]: That's cheap.
[00:14:52] [SPEAKER_03]: You're probably in the ghetto.
[00:14:53] [SPEAKER_02]: No, it wasn't the ghetto.
[00:14:55] [SPEAKER_02]: It was a nice place.
[00:14:56] [SPEAKER_02]: That's what I'm saying to say.
[00:14:57] [SPEAKER_02]: I have much was like 20,000.
[00:14:59] [SPEAKER_02]: I'm like 20,000.
[00:14:59] [SPEAKER_02]: You ever bought 40,000 bucks?
[00:15:02] [SPEAKER_03]: Oh my gosh.
[00:15:04] [SPEAKER_03]: Do you see my first apartment at 19 years old?
[00:15:08] [SPEAKER_03]: It was a $400,000 apartment.
[00:15:11] [SPEAKER_03]: But I've been working since I was 16.
[00:15:14] [SPEAKER_03]: My mom taught me how to make the money.
[00:15:17] [SPEAKER_03]: Now, I didn't pay 400,000 dollars.
[00:15:21] [SPEAKER_03]: She taught me how to buy something for closure.
[00:15:24] [SPEAKER_03]: Okay, you have to equip your kids with tools.
[00:15:28] [SPEAKER_02]: Yeah, but what I'm saying is that you got to listen to the, this is a different time.
[00:15:33] [SPEAKER_02]: Today, I'm talking about you can buy something.
[00:15:37] [SPEAKER_02]: Yeah, at foreclosure that place wouldn't be $10,000.
[00:15:41] [SPEAKER_02]: In today, that foreclosure would be $140,000.
[00:15:47] [SPEAKER_02]: And at foreclosure, that's what I'm saying.
[00:15:50] [SPEAKER_03]: Wait, what did I say that I bought it for?
[00:15:52] [SPEAKER_02]: You told me $10,000.
[00:15:54] [SPEAKER_03]: Nine of her bought it for $10,000.
[00:15:55] [SPEAKER_03]: What did you buy for?
[00:15:57] [SPEAKER_02]: I thought that's what you said, or maybe I was mistaken that with another story.
[00:16:01] [SPEAKER_02]: Okay, so what did you buy it for?
[00:16:03] [SPEAKER_03]: $189,000.
[00:16:05] [SPEAKER_02]: Okay.
[00:16:05] [SPEAKER_02]: So okay.
[00:16:06] [SPEAKER_02]: And then you have to tell you because I have bought a house.
[00:16:09] [SPEAKER_03]: You have to put a deposit down.
[00:16:10] [SPEAKER_03]: I don't know how different it is.
[00:16:13] [SPEAKER_03]: Honestly, it's not that hard.
[00:16:13] [SPEAKER_02]: Well, I know how it is in Canada, but if you buy it, if you buy it, listen to me for one second.
[00:16:18] [SPEAKER_02]: I don't know how it is in Canada.
[00:16:19] [SPEAKER_03]: You don't buy it in a full.
[00:16:20] [SPEAKER_02]: You do hear.
[00:16:22] [SPEAKER_03]: No, not there.
[00:16:22] [SPEAKER_02]: Well, 1,000 percent here.
[00:16:24] [SPEAKER_02]: If you buy it in auction, you have to come with a cash yours check and ready to pay for it on the spot.
[00:16:29] [SPEAKER_02]: So you have to buy 100 percent cash.
[00:16:32] [SPEAKER_02]: That's an auction.
[00:16:32] [SPEAKER_02]: Otherwise you can, you can, here's the thing.
[00:16:35] [SPEAKER_02]: You can finance it.
[00:16:36] [SPEAKER_02]: So anybody with halfway decent credit can go in there and finance.
[00:16:39] [SPEAKER_02]: I can't credit that is the one thing my mom's problem.
[00:16:42] [SPEAKER_02]: The problem is that when even when you finance it, you have to put, as a first time
[00:16:47] [SPEAKER_02]: buyer, they should, they wouldn't have to put as much down.
[00:16:50] [SPEAKER_02]: But they would still put a sizable amount down.
[00:16:52] [SPEAKER_02]: Maybe 20 or 30.
[00:16:53] [SPEAKER_03]: I had a size of 20 or 30.
[00:16:54] [SPEAKER_03]: I put way more than that.
[00:16:56] [SPEAKER_02]: Yeah, but you know how long it takes to make 20 or 30,000 dollars and save it up if you're
[00:16:59] [SPEAKER_02]: not living at home.
[00:17:01] [SPEAKER_02]: It's really hard.
[00:17:02] [SPEAKER_03]: I wasn't living at home, Dan.
[00:17:04] [SPEAKER_02]: Okay.
[00:17:05] [SPEAKER_02]: Well, I'm saying, save in 20 to 30,000 dollars, you know, it's going to take you a while.
[00:17:11] [SPEAKER_02]: It's going to take you a while.
[00:17:12] [SPEAKER_03]: It took me a while.
[00:17:13] [SPEAKER_03]: That's why I waited until.
[00:17:14] [SPEAKER_02]: It took you like three years.
[00:17:17] [SPEAKER_03]: That makes sense.
[00:17:18] [SPEAKER_03]: Yeah.
[00:17:18] [SPEAKER_02]: So we're taking, so we're taking about three years to be.
[00:17:22] [SPEAKER_02]: But then when you work in a dog that has pizza either on top of that, your paint, well,
[00:17:27] [SPEAKER_02]: that's what I'm saying.
[00:17:28] [SPEAKER_02]: You said you were working at a clothing shop and you were working with it.
[00:17:30] [SPEAKER_03]: I quit my mom was trying to teach me a lesson that the grass is not greener
[00:17:35] [SPEAKER_02]: on the other side.
[00:17:36] [SPEAKER_02]: I'm trying to explain to you, but you want to argue with me.
[00:17:39] [SPEAKER_02]: I'm not arguing.
[00:17:40] [SPEAKER_02]: You're not.
[00:17:41] [SPEAKER_03]: You're telling me it's impossible.
[00:17:42] [SPEAKER_03]: And I've never said that.
[00:17:44] [SPEAKER_02]: I never said it's impossible.
[00:17:45] [SPEAKER_02]: I said it's harder to do this.
[00:17:48] [SPEAKER_02]: I'm not giving them excuses because I did it too.
[00:17:51] [SPEAKER_02]: And so did you, but what I'm saying is it's harder today than it was 40 years ago.
[00:17:58] [SPEAKER_03]: Oh my gosh.
[00:17:59] [SPEAKER_02]: So when our parents did it, it was,
[00:18:02] [SPEAKER_02]: I mean, I feel like maybe our parents came up a little bit harder and I know their parents came up.
[00:18:08] [SPEAKER_03]: I know my mom came up a lot harder.
[00:18:11] [SPEAKER_03]: I mean, my dad's parents.
[00:18:13] [SPEAKER_02]: They were, they were lying about their aunt.
[00:18:15] [SPEAKER_02]: They were lying about their aunt.
[00:18:15] [SPEAKER_02]: So it's hard to get into world war 2.
[00:18:17] [SPEAKER_03]: Dad, my mom came here with nothing, zip-o, okay?
[00:18:22] [SPEAKER_03]: And she would always challenge me if I didn't like something.
[00:18:27] [SPEAKER_03]: She wasn't like, oh you have it so hard.
[00:18:30] [SPEAKER_03]: It's all dear.
[00:18:31] [SPEAKER_03]: No, she'd say you do better than me then.
[00:18:34] [SPEAKER_03]: I'm sorry.
[00:18:35] [SPEAKER_03]: I can't make excuses for anybody.
[00:18:38] [SPEAKER_03]: You make your bed.
[00:18:40] [SPEAKER_03]: You make your bed.
[00:18:41] [SPEAKER_03]: You plant your flowers.
[00:18:42] [SPEAKER_03]: If you don't water them enough, they're going to die.
[00:18:45] [SPEAKER_02]: I get that, but what I'm saying is,
[00:18:48] [SPEAKER_03]: you're telling me that our children today are not soft?
[00:18:52] [SPEAKER_02]: No, I'm not saying that at all.
[00:18:55] [SPEAKER_02]: They're really saying it.
[00:18:56] [SPEAKER_02]: But there's a lot of great kids out there too.
[00:18:58] [SPEAKER_02]: I mean, there's kids out there.
[00:18:59] [SPEAKER_02]: I think there's more kids today than any other time on the planet
[00:19:04] [SPEAKER_02]: that are under 18 that are becoming millionaires
[00:19:08] [SPEAKER_02]: because they're doing it at 16.
[00:19:10] [SPEAKER_02]: I mean, Daniel's done it all.
[00:19:11] [SPEAKER_03]: You could be watching this guy going,
[00:19:15] [SPEAKER_03]: really?
[00:19:16] [SPEAKER_03]: It's like this little voice, small thing.
[00:19:17] [SPEAKER_02]: These little TV YouTubers, who's that little girl with the red hair
[00:19:21] [SPEAKER_02]: whatever her name is?
[00:19:22] [SPEAKER_03]: At least she's a multi-millionaire.
[00:19:24] [SPEAKER_03]: No, it's a little bit older one.
[00:19:26] [SPEAKER_03]: I'm so sorry, but if I just, I'm so sorry.
[00:19:30] [SPEAKER_03]: I am so sorry to say this,
[00:19:32] [SPEAKER_03]: but it's never been easier to make a money than right now
[00:19:37] [SPEAKER_03]: than right now in our life,
[00:19:38] [SPEAKER_03]: even with real estate,
[00:19:40] [SPEAKER_03]: even with, it's never been easier.
[00:19:47] [SPEAKER_03]: Okay? You could be if you put your mind to it 100%.
[00:19:53] [SPEAKER_03]: You could be an influencer.
[00:19:54] [SPEAKER_03]: You can literally share a link out there,
[00:19:58] [SPEAKER_03]: share a link on an Amazon,
[00:20:03] [SPEAKER_03]: what is it called?
[00:20:05] [SPEAKER_03]: Like Amazon, Gini is fine,
[00:20:08] [SPEAKER_03]: and you share it out there to your audience
[00:20:10] [SPEAKER_03]: because you're helping uplift them in a way
[00:20:13] [SPEAKER_03]: where they can clean their house faster,
[00:20:16] [SPEAKER_03]: or maybe furnish their house for less finding dupes.
[00:20:19] [SPEAKER_03]: These people are making millions of dollars just on links.
[00:20:26] [SPEAKER_03]: Okay? It's never been easier.
[00:20:28] [SPEAKER_03]: You cannot tell me that it's harder and woe is me as the world.
[00:20:32] [SPEAKER_03]: You have to find ways to make money.
[00:20:36] [SPEAKER_03]: I'm telling you that because the young people
[00:20:39] [SPEAKER_03]: don't want to work out there,
[00:20:41] [SPEAKER_03]: you can go buy a business.
[00:20:44] [SPEAKER_03]: Okay? You can buy a business.
[00:20:46] [SPEAKER_03]: You could take a business off of someone's hands
[00:20:49] [SPEAKER_03]: because someone doesn't feel like working.
[00:20:53] [SPEAKER_03]: I can't.
[00:20:54] [SPEAKER_02]: I'm not saying you're not right.
[00:20:56] [SPEAKER_02]: I don't know what that's saying.
[00:20:57] [SPEAKER_03]: I don't know what that's saying.
[00:20:58] [SPEAKER_03]: Yes, things are different.
[00:21:02] [SPEAKER_03]: Things are more expensive, but it's never been easier.
[00:21:04] [SPEAKER_02]: And the American dream, well, the American dream is alive and kicking.
[00:21:10] [SPEAKER_02]: But what I'm saying is that what they're being taught
[00:21:13] [SPEAKER_02]: because their parents didn't grow up like that.
[00:21:15] [SPEAKER_02]: You remember they didn't have the internet.
[00:21:17] [SPEAKER_03]: That would have been a thing they need to educate themselves.
[00:21:21] [SPEAKER_03]: They can't just tell their kids,
[00:21:23] [SPEAKER_03]: you've got to go work at Domino's Pizza and you'll be fine.
[00:21:26] [SPEAKER_02]: So we're saying they're all I'm saying is that
[00:21:29] [SPEAKER_02]: yeah, but that's not going to happen unless there's some movement
[00:21:33] [SPEAKER_02]: to make that happen because what their parents are telling them right now
[00:21:37] [SPEAKER_02]: is go to college, get a degree, get out and go get a great job.
[00:21:43] [SPEAKER_02]: They're coming out and they can't even find a job with their college degree
[00:21:47] [SPEAKER_02]: and I was watching a video of kids getting there.
[00:21:49] [SPEAKER_03]: And I'm telling you that most kids don't even have
[00:21:53] [SPEAKER_03]: these kids don't even have a financial education early on,
[00:21:56] [SPEAKER_03]: which is what we're really pushing with our kids,
[00:22:00] [SPEAKER_03]: and they don't totally get it yet now either.
[00:22:05] [SPEAKER_03]: But there's 15 and 16 years old,
[00:22:09] [SPEAKER_03]: 15 and 6 story, it's really late at night,
[00:22:11] [SPEAKER_03]: 15 and 16 year olds that don't even understand
[00:22:15] [SPEAKER_03]: financial education, they don't get it, they don't get it.
[00:22:20] [SPEAKER_03]: And it's terrifying.
[00:22:22] [SPEAKER_03]: I mean, do you want to jump right into the tactical solutions?
[00:22:25] [SPEAKER_03]: Because that's one of the things.
[00:22:26] [SPEAKER_01]: Well, it's education.
[00:22:28] [SPEAKER_01]: It's a really awesome education.
[00:22:29] [SPEAKER_03]: It's a really awesome thing to do with money, how to save
[00:22:32] [SPEAKER_03]: and just all the things you're going to have to prepare for.
[00:22:38] [SPEAKER_03]: And you have to start young and you have to teach your children
[00:22:42] [SPEAKER_03]: financial literacy.
[00:22:43] [SPEAKER_02]: Well, that's what parents have to start doing.
[00:22:45] [SPEAKER_03]: They do that in school.
[00:22:47] [SPEAKER_02]: Then they're not going to learn in school.
[00:22:49] [SPEAKER_02]: You're absolutely not going to learn in school.
[00:22:51] [SPEAKER_02]: There's nobody in school is going to teach it to you.
[00:22:54] [SPEAKER_02]: And unless your kids are lucky enough to, you know,
[00:22:58] [SPEAKER_02]: I mean, I don't know if I would have fallen into it,
[00:23:01] [SPEAKER_02]: except for that I had just always been attracted
[00:23:06] [SPEAKER_02]: to having my own business.
[00:23:08] [SPEAKER_02]: So I'd always kind of had that in the back of my mind.
[00:23:11] [SPEAKER_02]: And I think entrepreneur, entrepreneurial,
[00:23:15] [SPEAKER_02]: the entrepreneurial mindset is not something
[00:23:19] [SPEAKER_02]: that you're just gifted with.
[00:23:21] [SPEAKER_02]: Something has to spark that interest in you and it should be your parents.
[00:23:27] [SPEAKER_02]: You know, I'm hoping that parents out there,
[00:23:29] [SPEAKER_02]: especially the new parents, you know,
[00:23:31] [SPEAKER_02]: us parents, parents that are raising kids today
[00:23:35] [SPEAKER_02]: can start now, start why your kids are young
[00:23:38] [SPEAKER_02]: because they almost have to start younger with a problem.
[00:23:42] [SPEAKER_02]: The parents are starting when they're,
[00:23:44] [SPEAKER_02]: you know, they're...
[00:23:44] [SPEAKER_03]: Are you encouraged entrepreneur entrepreneurship?
[00:23:49] [SPEAKER_03]: Encourage that.
[00:23:51] [SPEAKER_03]: But everything is a business.
[00:23:52] [SPEAKER_03]: I mean, we were just listening to the doctor
[00:23:54] [SPEAKER_03]: that, and I'm so tired,
[00:23:57] [SPEAKER_03]: but there's the doctors that work for the government right.
[00:24:01] [SPEAKER_03]: But then there's the doctors that go into their private practices.
[00:24:07] [SPEAKER_03]: That's a whole different ballgame.
[00:24:09] [SPEAKER_03]: Okay, you need to let your kids know about that
[00:24:12] [SPEAKER_03]: before they just fall into, you know,
[00:24:17] [SPEAKER_03]: working for the government because if you start a practice of your own,
[00:24:20] [SPEAKER_03]: that's a business.
[00:24:21] [SPEAKER_03]: Yes, it's a doctor.
[00:24:22] [SPEAKER_03]: Yes, it's a surgeon, but they have their own practice.
[00:24:26] [SPEAKER_03]: I mean, when we were in Beverly Hills
[00:24:29] [SPEAKER_03]: within that multimillion dollar office,
[00:24:35] [SPEAKER_03]: he didn't work for the government, Dan.
[00:24:38] [SPEAKER_03]: He gave birth to all those celebrities, babies
[00:24:41] [SPEAKER_03]: and he was in business for himself,
[00:24:44] [SPEAKER_03]: delivering babies.
[00:24:45] [SPEAKER_03]: Yes, he was at Cedar Cedar.
[00:24:47] [SPEAKER_03]: But he was an entrepreneur.
[00:24:50] [SPEAKER_02]: Well, yeah, I don't know that he started.
[00:24:53] [SPEAKER_02]: We don't know his story.
[00:24:54] [SPEAKER_02]: We don't know that he started off like that because he probably
[00:24:57] [SPEAKER_02]: could have started working with a doctor.
[00:24:59] [SPEAKER_02]: He started working with a doctor.
[00:24:59] [SPEAKER_02]: He started working with a doctor.
[00:25:02] [SPEAKER_02]: I know I did that.
[00:25:03] [SPEAKER_02]: I'm just saying that the mindset has to change
[00:25:07] [SPEAKER_02]: and it's not, it's not, in some ways it is easier.
[00:25:13] [SPEAKER_02]: But in other ways, it takes a lot to get even.
[00:25:17] [SPEAKER_02]: I mean, to get to the point where you can pay for your groceries
[00:25:21] [SPEAKER_02]: and get a place to live,
[00:25:25] [SPEAKER_02]: it means that you really have to take it seriously.
[00:25:28] [SPEAKER_02]: And the problem is, I don't think it's to there.
[00:25:30] [SPEAKER_03]: Here's the scary thing.
[00:25:32] [SPEAKER_03]: That everything's moving really fast.
[00:25:34] [SPEAKER_03]: The tricks and the lessons and everything that my mom taught me,
[00:25:39] [SPEAKER_03]: it's all getting outdated really quickly.
[00:25:43] [SPEAKER_03]: So if you're a parent and you don't have the ammo
[00:25:47] [SPEAKER_03]: to give to your kids, that it's a scare.
[00:25:50] [SPEAKER_03]: It's going to be a scary world for them.
[00:25:53] [SPEAKER_03]: And you need to know a little bit about everything
[00:25:57] [SPEAKER_03]: to equip your kids.
[00:25:59] [SPEAKER_03]: Yeah, no.
[00:26:00] [SPEAKER_03]: And parents are so, what is it?
[00:26:05] Not.
[00:26:05] [SPEAKER_02]: You know, I think they always think,
[00:26:08] [SPEAKER_02]: well they're going to learn.
[00:26:09] [SPEAKER_02]: They'll figure it out.
[00:26:10] [SPEAKER_02]: You know, and the truth is that they may not.
[00:26:12] [SPEAKER_02]: They might not.
[00:26:13] [SPEAKER_03]: That's not fair.
[00:26:14] [SPEAKER_02]: I mean, if right now there's some great schools out there,
[00:26:17] [SPEAKER_02]: luckily is that there is a balance if you go after them.
[00:26:20] [SPEAKER_02]: If you go after them, you know, if you go out and find these schools.
[00:26:23] [SPEAKER_02]: Like I was talking about brother yesterday about sending his son,
[00:26:29] [SPEAKER_02]: Mason loves,
[00:26:30] [SPEAKER_02]: loves,
[00:26:31] [SPEAKER_02]: well he loves,
[00:26:33] [SPEAKER_02]: he loves electronics and he loves robots and things like that.
[00:26:36] [SPEAKER_02]: He loves building stuff.
[00:26:38] [SPEAKER_02]: And so I was telling him, you know,
[00:26:39] [SPEAKER_02]: you should put him in like a,
[00:26:42] [SPEAKER_02]: you know, one of those robotic schools
[00:26:44] [SPEAKER_02]: and they have him starting at a young age.
[00:26:48] [SPEAKER_02]: And I thought that, you know,
[00:26:51] [SPEAKER_03]: that's cool.
[00:26:51] [SPEAKER_02]: I could find some place close to him.
[00:26:52] [SPEAKER_02]: So I looked up and found this place and send it over to him.
[00:26:55] [SPEAKER_02]: I mean, what a great opportunity that you can send your kid
[00:26:58] [SPEAKER_02]: at like, you know,
[00:26:59] [SPEAKER_02]: 12 years old to like this robotic school to learn how to build robots.
[00:27:03] [SPEAKER_03]: Well my mom said at 13 years old.
[00:27:05] [SPEAKER_03]: Because that's what we're going to be doing.
[00:27:07] [SPEAKER_02]: Your robots are coming.
[00:27:08] [SPEAKER_03]: That no, that's cool.
[00:27:09] [SPEAKER_03]: But at 13 years old in Europe,
[00:27:12] [SPEAKER_03]: people were on their apprenticeship doing a,
[00:27:15] [SPEAKER_03]: figuring out what they were going to do.
[00:27:19] [SPEAKER_03]: And I think that's the one gift that my mom gave me
[00:27:22] [SPEAKER_03]: was having the chance to try everything early on in life
[00:27:27] [SPEAKER_03]: and including me in business.
[00:27:30] [SPEAKER_03]: And some kids, you know,
[00:27:31] [SPEAKER_03]: you can start a business for someone.
[00:27:35] [SPEAKER_03]: And if you see that they're not into it
[00:27:38] [SPEAKER_03]: and they're not going to treat it seriously,
[00:27:40] [SPEAKER_03]: then they're not entrepreneurs.
[00:27:42] [SPEAKER_03]: And they're just,
[00:27:43] [SPEAKER_03]: they're going to have to take a different path
[00:27:46] [SPEAKER_03]: and they're going to have to figure it out.
[00:27:48] [SPEAKER_02]: You know,
[00:27:49] [SPEAKER_02]: you're advancing quick, you know?
[00:27:50] [SPEAKER_02]: So if you don't,
[00:27:51] [SPEAKER_02]: if you don't get your kids like AI is going to take
[00:27:54] [SPEAKER_02]: between AI and robots,
[00:27:56] [SPEAKER_02]: our world is not going to be the same place in 20 years.
[00:28:00] [SPEAKER_02]: It's just not.
[00:28:01] [SPEAKER_02]: I mean,
[00:28:01] [SPEAKER_02]: they're talking about building billions of robots,
[00:28:04] [SPEAKER_02]: billions.
[00:28:04] [SPEAKER_03]: Yeah, they're going to unemployed.
[00:28:07] [SPEAKER_03]: And people,
[00:28:07] [SPEAKER_03]: that's,
[00:28:08] [SPEAKER_02]: yeah, so what does that look like?
[00:28:10] [SPEAKER_02]: And you have to get ahead of that.
[00:28:12] [SPEAKER_02]: You know,
[00:28:12] [SPEAKER_02]: you have to,
[00:28:12] [SPEAKER_02]: you're going to have to decide.
[00:28:14] [SPEAKER_02]: The medical field of the stupidity.
[00:28:16] [SPEAKER_03]: You have to be valuable to offer.
[00:28:18] [SPEAKER_02]: Well,
[00:28:18] [SPEAKER_02]: that's why the medical field will still be there.
[00:28:21] [SPEAKER_02]: They'll probably, you know,
[00:28:22] [SPEAKER_02]: on some level,
[00:28:23] [SPEAKER_02]: still be attorneys,
[00:28:23] [SPEAKER_02]: although I wonder because,
[00:28:25] [SPEAKER_02]: you know,
[00:28:26] [SPEAKER_02]: now with AI who knows,
[00:28:28] [SPEAKER_02]: who knows where that's going.
[00:28:30] [SPEAKER_02]: But you're still going to have,
[00:28:31] [SPEAKER_02]: and you're going to have robots.
[00:28:33] [SPEAKER_02]: And so you're going to have to decide,
[00:28:34] [SPEAKER_02]: am I going to be the builder of robots?
[00:28:36] [SPEAKER_02]: Well,
[00:28:36] [SPEAKER_02]: I think that's one thing that you can guarantee
[00:28:37] [SPEAKER_02]: is going to be here.
[00:28:38] [SPEAKER_02]: That job is going to be there.
[00:28:40] [SPEAKER_03]: And that's a thing.
[00:28:41] [SPEAKER_03]: You have to promote practical education
[00:28:43] [SPEAKER_03]: and skills.
[00:28:44] [SPEAKER_03]: And you have to encourage your children to pursue education
[00:28:46] [SPEAKER_03]: and career paths that align with the market demands.
[00:28:50] [SPEAKER_03]: So that makes sense.
[00:28:52] [SPEAKER_03]: Push them into what is,
[00:28:54] [SPEAKER_03]: what's happening.
[00:28:56] [SPEAKER_03]: What's current?
[00:28:56] [SPEAKER_02]: But I think one other thing that we should mention,
[00:28:58] [SPEAKER_02]: kind of digress here for a second,
[00:29:01] [SPEAKER_02]: is that,
[00:29:02] [SPEAKER_02]: you know,
[00:29:02] [SPEAKER_02]: our parents or maybe our parents parents were excited
[00:29:06] [SPEAKER_02]: at that time.
[00:29:07] [SPEAKER_02]: You know, my parents parents were baby boomers.
[00:29:09] [SPEAKER_02]: So they came home and they were having kids at
[00:29:14] [SPEAKER_02]: the same age.
[00:29:15] [SPEAKER_02]: and you're just around the age.
[00:29:16] [SPEAKER_02]: And you're just more and more.
[00:29:18] [SPEAKER_02]: You're seeing so many people.
[00:29:19] [SPEAKER_02]: They're deciding not to have kids.
[00:29:21] [SPEAKER_03]: Well, I have kids when they're deciding not to.
[00:29:25] [SPEAKER_03]: And because the food is basically poison nowadays,
[00:29:28] [SPEAKER_02]: you can't have kids.
[00:29:31] [SPEAKER_03]: I'm telling you there's a lot of people trying and they can't.
[00:29:35] [SPEAKER_03]: Well, they're young,
[00:29:37] [SPEAKER_03]: and they can't.
[00:29:38] [SPEAKER_02]: They can't have.
[00:29:40] [SPEAKER_02]: It's been a couple studies that were coming out like,
[00:29:42] [SPEAKER_02]: keep all talking about.
[00:29:43] [SPEAKER_03]: It's getting worse and they're projecting that it's going to be even worse in the future.
[00:29:48] [SPEAKER_02]: That's crazy.
[00:29:49] [SPEAKER_03]: It's insane, but here's the thing.
[00:29:52] [SPEAKER_02]: But I think it's also, it's not just that though.
[00:29:55] [SPEAKER_02]: There's a level of kids not wanting to have, there's a lot of kids out there not wanting
[00:30:02] [SPEAKER_02]: to have kids.
[00:30:03] [SPEAKER_02]: That's confusing.
[00:30:04] [SPEAKER_02]: There's a lot of kids out there not wanting to have kids.
[00:30:07] [SPEAKER_02]: There's a lot of young adults that are not wanting to have kids until they get into
[00:30:12] [SPEAKER_02]: the 30s because they're trying to get their career straight.
[00:30:15] [SPEAKER_03]: And then they definitely can't have kids.
[00:30:20] [SPEAKER_02]: I think that's different.
[00:30:22] [SPEAKER_02]: I'm not sure how I land on that because I remember there's something about being
[00:30:28] [SPEAKER_02]: the older you get, you have a different outlook on parenting a little bit and you almost
[00:30:33] [SPEAKER_02]: become a better parent because there's a lot of people who have kids when they're young
[00:30:38] [SPEAKER_02]: and I'm sure the kids grow up great.
[00:30:42] [SPEAKER_02]: But there's something about when you have kids in your 30s that you just have a different
[00:30:46] [SPEAKER_02]: outlook on.
[00:30:46] [SPEAKER_03]: I feel like if parents were a little bit older, it's because they've been struggling for
[00:30:53] [SPEAKER_03]: so long to have babies that it didn't come easy and now they cherish the moment.
[00:31:00] [SPEAKER_03]: I know why.
[00:31:00] [SPEAKER_03]: I feel like that's 100% of the people.
[00:31:03] [SPEAKER_02]: Yeah, but don't you want you to agree with this?
[00:31:06] [SPEAKER_02]: I mean, as you look to yourself when you're 18, you're a different person when you're
[00:31:10] [SPEAKER_02]: 18, then when you're 30.
[00:31:11] [SPEAKER_02]: I mean, you're just a different person.
[00:31:14] [SPEAKER_03]: Right.
[00:31:14] [SPEAKER_03]: But I wanted, I really wanted kids.
[00:31:17] [SPEAKER_03]: I just couldn't have kids for the longest time.
[00:31:20] [SPEAKER_03]: I wanted kids.
[00:31:21] [SPEAKER_02]: But as a more grown-up educated person, you're going to raise and be a better parent.
[00:31:30] [SPEAKER_02]: You're going to raise and it's different way.
[00:31:34] [SPEAKER_03]: And you'll be a better parent.
[00:31:35] [SPEAKER_03]: I promise when you have kids, it depends what influence you have around you.
[00:31:42] [SPEAKER_03]: But everything is going to change.
[00:31:44] [SPEAKER_03]: I mean, look at your knees.
[00:31:46] [SPEAKER_03]: I mean, she had the talk with me about should I wait or should I have them now?
[00:31:51] [SPEAKER_03]: I said if I could go back and I really could.
[00:31:54] [SPEAKER_03]: If I wasn't struggling with infertility and all that other stuff, I would have had them
[00:31:59] [SPEAKER_03]: younger.
[00:32:00] [SPEAKER_03]: And I just would have had as many.
[00:32:01] [SPEAKER_03]: I mean, we're still trying to have kids.
[00:32:04] [SPEAKER_03]: But it's just if that blessing comes then great.
[00:32:08] [SPEAKER_03]: But I told her, like I would have had them younger if they could have.
[00:32:12] [SPEAKER_03]: And they're doing great too.
[00:32:14] [SPEAKER_03]: And I just feel like when you have the baby, you're going to change.
[00:32:18] [SPEAKER_03]: Okay?
[00:32:19] [SPEAKER_03]: You're going to stop drinking.
[00:32:20] [SPEAKER_03]: You're going to stop.
[00:32:21] [SPEAKER_03]: I mean, whatever.
[00:32:23] [SPEAKER_03]: If you're responsible, then great.
[00:32:25] [SPEAKER_03]: But for me, it just, it wasn't serving me.
[00:32:28] [SPEAKER_03]: It's not serving my health.
[00:32:29] [SPEAKER_03]: It's not serving my body.
[00:32:31] [SPEAKER_03]: It's not, what is it going to do really?
[00:32:34] [SPEAKER_02]: I think there's some other, undertones out there.
[00:32:37] [SPEAKER_02]: Some feminism, undertones that are causing women to believe that they don't need
[00:32:42] [SPEAKER_02]: to have kids right now and they want to have their own career.
[00:32:47] [SPEAKER_03]: I mean, even Elena Cardone touched on it.
[00:32:49] [SPEAKER_03]: And I was caught up in it too.
[00:32:51] [SPEAKER_03]: I wanted to be that strong independent.
[00:32:54] [SPEAKER_03]: And I could do it myself.
[00:32:56] [SPEAKER_03]: Look at me, I got multi-million.
[00:32:59] [SPEAKER_03]: It's just, it's a trickery because you can build something together with a spouse.
[00:33:08] [SPEAKER_03]: You can find someone that has everything that you want it to be.
[00:33:12] [SPEAKER_03]: So strong.
[00:33:13] [SPEAKER_03]: Find that man that can be that strong person for you.
[00:33:18] [SPEAKER_03]: I would like nothing more than to be the feminine person that can fall into someone's
[00:33:24] [SPEAKER_03]: arms.
[00:33:25] [SPEAKER_03]: And, you know, just tell me, hey, I can take care of everything.
[00:33:29] [SPEAKER_03]: I got this for you.
[00:33:30] [SPEAKER_02]: You see that a lot of TikTok, I mean TikTok or I keep saying TikTok.
[00:33:35] [SPEAKER_02]: TikTok or YouTube families that are building their own channels and businesses right now.
[00:33:40] [SPEAKER_02]: You see that more and more.
[00:33:42] [SPEAKER_02]: They start, they're younger and they're having kids and they're growing these businesses
[00:33:46] [SPEAKER_02]: together.
[00:33:47] [SPEAKER_02]: So it's possible.
[00:33:48] [SPEAKER_02]: It's possible.
[00:33:49] [SPEAKER_03]: And a lot of them were in what 18 and a basement suite somewhere.
[00:33:55] [SPEAKER_03]: I mean, you do start somewhere, listen, when I first moved out, it wasn't pretty.
[00:34:02] [SPEAKER_03]: It wasn't the best place but it was a beautiful home, but it was a basement suite.
[00:34:10] [SPEAKER_03]: Then I went to an apartment.
[00:34:12] [SPEAKER_03]: Then I bought my own apartment.
[00:34:13] [SPEAKER_03]: I also had the property, but it was collecting rent for me.
[00:34:20] [SPEAKER_03]: You know, like, it just did all that.
[00:34:22] [SPEAKER_02]: But all I'm saying is that going back to our earlier conversation where we were getting
[00:34:26] [SPEAKER_02]: heated and I was ready to throw the mic.
[00:34:28] [SPEAKER_03]: No, I'm just saying don't make it.
[00:34:30] [SPEAKER_03]: I just, I'm just saying, I can't know what I'm saying is that.
[00:34:34] [SPEAKER_02]: Imagine being in that place that you were right there.
[00:34:37] [SPEAKER_02]: But, you know, doing what you're doing, you said things aren't weren't as pretty, right?
[00:34:40] [SPEAKER_02]: Yeah.
[00:34:41] [SPEAKER_02]: Imagine if everything was twice as much.
[00:34:44] [SPEAKER_02]: So imagine all the things that you could barely afford because it wasn't very pretty,
[00:34:48] [SPEAKER_02]: like you were describing just hold on.
[00:34:51] [SPEAKER_02]: It was imagine if it cost twice as much as it did.
[00:34:55] [SPEAKER_02]: Now how much harder would have been for you.
[00:34:58] [SPEAKER_02]: That's what they're going through today.
[00:35:00] [SPEAKER_02]: So they're having to figure out a bigger play now today.
[00:35:05] [SPEAKER_02]: What I'm trying to say is they can't be okay with just making $100,000.
[00:35:11] [SPEAKER_03]: Right, they have to make just one job.
[00:35:13] [SPEAKER_03]: 500,000 a year to be able to survive.
[00:35:16] [SPEAKER_03]: My investment from the money that I made from a young age, yes, it accumulated.
[00:35:24] [SPEAKER_03]: I didn't start making money at like 18 years old.
[00:35:27] [SPEAKER_03]: I was working in my mom's store, right?
[00:35:30] [SPEAKER_03]: Yeah.
[00:35:30] [SPEAKER_03]: So I was working there.
[00:35:31] [SPEAKER_03]: Then I had my other job.
[00:35:33] [SPEAKER_03]: I didn't just have one job job, I had several jobs and my mom also had several jobs.
[00:35:41] [SPEAKER_03]: I saw she's never been on welfare.
[00:35:45] [SPEAKER_03]: She's never been on any business.
[00:35:46] [SPEAKER_02]: I'm saying is you're comparing apples to apples but it wasn't.
[00:35:50] [SPEAKER_02]: It's apples to orange is right now because what happens is today with inflation, groceries
[00:35:56] [SPEAKER_02]: are more expensive?
[00:35:58] [SPEAKER_03]: Your making money is more expensive?
[00:36:00] [SPEAKER_02]: No, I'm not trying to make excuses.
[00:36:01] [SPEAKER_02]: Every thing is more expensive.
[00:36:03] [SPEAKER_03]: Okay, everything's more expensive.
[00:36:05] [SPEAKER_03]: Just like our parents from my parents to me, it was more expensive.
[00:36:14] [SPEAKER_02]: No, no, no, no.
[00:36:15] [SPEAKER_02]: From my, oh yes, it was.
[00:36:17] [SPEAKER_02]: No, here's what I'm saying.
[00:36:19] [SPEAKER_02]: That's what I'm trying to explain to you.
[00:36:20] [SPEAKER_02]: This is the economics of it.
[00:36:22] [SPEAKER_02]: Your parents to you, your wages went up with the cost of living.
[00:36:28] [SPEAKER_02]: So yes, it cost more but you were making more at that time.
[00:36:32] [SPEAKER_02]: You weren't making 10 cents an hour.
[00:36:34] [SPEAKER_02]: You were making more an hour.
[00:36:36] [SPEAKER_02]: The difference is that now the wages are not going up.
[00:36:40] [SPEAKER_03]: You're still making 10 cents an hour?
[00:36:42] [SPEAKER_02]: Well, no, but the cost of living is going up faster than wages are where it used to go
[00:36:50] [SPEAKER_02]: up the same back when our parents were born.
[00:36:53] [SPEAKER_03]: But there's different jobs.
[00:36:55] [SPEAKER_02]: Now, no, no.
[00:36:56] [SPEAKER_02]: That is the whole cause of this conversation.
[00:37:00] [SPEAKER_02]: Is what I'm saying is that the cost of living is going up faster than wages are
[00:37:05] [SPEAKER_02]: which that wasn't happening for our parents to us, that wasn't happening.
[00:37:10] [SPEAKER_02]: It's now happening today more than any other time in the world.
[00:37:14] [SPEAKER_02]: And so that is harder.
[00:37:16] [SPEAKER_02]: And yes, the solution to it is these kids have to learn how to do things that are going
[00:37:22] [SPEAKER_02]: to make them an abundance of money.
[00:37:25] [SPEAKER_02]: So they have so much money that they don't have to worry about the gas prices.
[00:37:30] [SPEAKER_02]: They don't have to worry about food.
[00:37:31] [SPEAKER_02]: They don't have to worry about cost of living because they're making so much money.
[00:37:35] [SPEAKER_02]: It's not their problem, but other people are still going to have those problems.
[00:37:39] [SPEAKER_03]: I just, I wouldn't want to be Gary V.
[00:37:41] [SPEAKER_03]: Sitting in this room right now because if he says a 20 year old asks you for $20.
[00:37:47] [SPEAKER_03]: That's how them were to go.
[00:37:50] [SPEAKER_01]: I did that.
[00:37:51] [SPEAKER_01]: I did it.
[00:37:52] [SPEAKER_03]: I just don't, maybe I'm not seeing maybe I'm just it is three in the morning here and
[00:37:58] [SPEAKER_03]: maybe I'm just not seeing I die but I think I was raised in a way where if I made an
[00:38:03] [SPEAKER_03]: excuse, I would get a Hungarian slipper with a spoon and I just I wouldn't I wouldn't be
[00:38:09] [SPEAKER_03]: getting sympathy.
[00:38:11] [SPEAKER_03]: She would just be like so how are you going to fix it?
[00:38:13] [SPEAKER_03]: So how are you going to fix it?
[00:38:16] [SPEAKER_03]: How are you going to fix it?
[00:38:17] [SPEAKER_01]: I did it.
[00:38:18] [SPEAKER_03]: And I just didn't even matter and I'm like okay well if I become an actress well
[00:38:23] [SPEAKER_03]: if I work eight hours after eight hours, I get double time then I get triple and then
[00:38:29] [SPEAKER_03]: golden time and you know like the hours weren't it wasn't like I was working at the clothing
[00:38:35] [SPEAKER_03]: store.
[00:38:36] [SPEAKER_03]: The clothing store lasted two weeks serving.
[00:38:38] [SPEAKER_03]: It was great sometimes you make some tips but I had to figure it out.
[00:38:42] [SPEAKER_02]: If your mom was like what?
[00:38:44] [SPEAKER_02]: Why do you come down so hard of me when I come down on Daniel?
[00:38:48] [SPEAKER_03]: What do you mean?
[00:38:49] [SPEAKER_03]: No, I'm not on Daniel and I'm hard on destiny too.
[00:38:52] [SPEAKER_03]: Not hard on them but I challenge them because if if I'm soft on them all the time not
[00:39:01] [SPEAKER_03]: soft on them but I have to challenge them because as soon as they get out in the real world
[00:39:08] [SPEAKER_03]: it's going to be it's going to be it's relentless and they need to be prepared and
[00:39:14] [SPEAKER_03]: need to understand and not easy.
[00:39:17] [SPEAKER_03]: Trust me as a parent it's scary.
[00:39:20] [SPEAKER_02]: Yeah I believe that we can still the kids of today they have so much at their fingertips
[00:39:27] [SPEAKER_02]: if they just take life series now I don't know you know I mean I think some great kids
[00:39:32] [SPEAKER_03]: out there today too and what the girls she just didn't have really anything to say
[00:39:37] [SPEAKER_03]: about the kids that are in their 20s 19 to 25 and neither does Gary Vee.
[00:39:45] [SPEAKER_03]: Gary Vee has nothing good to say.
[00:39:46] [SPEAKER_02]: But she's also a young adult with...
[00:39:48] [SPEAKER_03]: She was that age.
[00:39:49] [SPEAKER_02]: Yeah and she has a great YouTube channel and she's probably doing pretty well for herself.
[00:39:53] [SPEAKER_03]: Right but she's pointing out at her fellow brothers and sisters that they're not doing very well
[00:40:02] [SPEAKER_03]: and they're and she's asking them to wake up and figure out what your parents were doing
[00:40:09] [SPEAKER_03]: right because everybody is failing right now.
[00:40:12] [SPEAKER_03]: I don't want to say every but I really don't think that everybody is failing right now
[00:40:17] [SPEAKER_03]: because I see a lot of successful people.
[00:40:20] [SPEAKER_03]: I love Daniel doing his research and figuring out all crazy things that people are doing
[00:40:27] [SPEAKER_03]: right now that just is like this isn't a real...
[00:40:31] [SPEAKER_01]: I have faith in today's youth.
[00:40:36] [SPEAKER_03]: I'm a big adult but they can't make excuses and what are you going to do to figure it out?
[00:40:44] [SPEAKER_03]: That's my question.
[00:40:45] [SPEAKER_03]: What are we going to do to figure it out?
[00:40:46] [SPEAKER_02]: Guys, if you're this and now start figuring it out right now.
[00:40:50] [SPEAKER_02]: Start figuring it out and do whatever you got to do to figure it out and start educating yourself.
[00:40:56] [SPEAKER_03]: Don't give up.
[00:40:57] [SPEAKER_03]: Don't give up.
[00:40:59] [SPEAKER_03]: Don't give up.
[00:41:00] [SPEAKER_03]: Surround yourself with the right people.
[00:41:02] [SPEAKER_03]: Put a rotten apple with a rotten apple and I mean sorry but a rotten apple in a bucket of
[00:41:10] [SPEAKER_03]: great apples it's going to rot so just be very careful with the people you surround yourself
[00:41:15] [SPEAKER_03]: with.
[00:41:16] [SPEAKER_03]: Don't let anybody make excuses okay?
[00:41:20] [SPEAKER_03]: Nobody is coming to save you.
[00:41:21] [SPEAKER_03]: You need to figure this out.
[00:41:23] [SPEAKER_03]: You need to figure it out.
[00:41:25] [SPEAKER_02]: If you've got to circle people making excuses get out of that circle.
[00:41:28] [SPEAKER_03]: Yeah, you've got to figure it out.
[00:41:30] [SPEAKER_03]: We love you so much.
[00:41:31] [SPEAKER_03]: We don't have it all figured out but we're true.
[00:41:34] [SPEAKER_02]: We believe in you.
[00:41:35] [SPEAKER_02]: We believe in you.
[00:41:36] [SPEAKER_02]: Yes.
[00:41:36] [SPEAKER_02]: You got this.
[00:41:38] [SPEAKER_02]: Okay, thank you guys for joining us for this episode.
[00:41:40] [SPEAKER_02]: The pretty punk podcast.
[00:41:41] [SPEAKER_02]: If you have some pots on this be sure to leave me in the comments.
[00:41:45] [SPEAKER_03]: No, I mean what would you suggest to the youth of today?
[00:41:50] [SPEAKER_03]: Karen, love you.
[00:41:51] [SPEAKER_03]: God bless you.
[00:41:52] [SPEAKER_03]: Have the best week.
[00:41:53] [SPEAKER_01]: Let's see you guys next week.
[00:41:57] [SPEAKER_00]: The first question is to another one point episode from the fully-impunk podcast.
[00:42:03] [SPEAKER_00]: If you didn't subscribe already, make sure to do it now.
[00:42:07] [SPEAKER_00]: Bless.
[00:42:08] [SPEAKER_00]: Thank you for listening.
[00:42:10] [SPEAKER_00]: Make sure to listen, well, podcast, audience.
[00:42:15] [SPEAKER_00]: Make sure to subscribe.
[00:42:17] [SPEAKER_00]: See you next week.
[00:42:18] [SPEAKER_00]: God bless!