0:00 especially when you're a teenager like my teen years were pretty bad and I was always just like like the wall of not understanding why your parents are doing things you're just mad about it is like pretty strong and I think like once it breaks down it's like those years are over already anyway like I'm out of the house when I became a parent I was like damn my parents are extra [Music] stupid so welcome back to careful boys today we're talking about what are some things that most people discover when it is too late crypto true sorry we were just on that one that's true Financial education yeah that's a good one dude that's a good one I think it's like a a lot of information and it's it's a journey that probably should be started at like early childhood
0:50 especially if you're like take a long time to learn things like me and ████ and then like um I also think like they don't teach you in a way where it's more about emotional and self-control and discipline it's displine rather than um I Heard low blood pressure like it's not taught in the way where it's like you have to do this as a behavioral thing it's more like it's more like here's some step-by-step methods on saving money or like how to like use a credit card and it's very technical but I think they should approach Financial education the way that they would teach a kid how to maybe manage their emotions I think that's how they should approach it interesting cuz like for me I'm like I think I know everything and then I blow my money on the wrong all the time and I'm like why did I do that that's
1:40 because you're a badass I don't even like that brand man no you're you're a legend though I don't want to be it's just yeah you're pretty but you are I'm like that guy that's like surfing and then has no like responsibilities and everyone goes look at I want to be like that guy and I'm like but I don't have stability in my life let me you ride the waves yeah you're like oh that guy's living life I know yeah dud before you know it you're like a 60-year-old dude in the ocean and then it's like oh you're like a hasb been rock star dude one of my favorite examples of this what you're talking about financial management is when Bart was on ████ Graham Stefan show and Graham Stefan the whole time is just like you did what oh my ████ god oh my ████ god he had a heart attack listening to how you spend money he's
2:30 like we should just blow up the human RS let where's the asteroid just let let it hit just kill us but the my favorite part is he actually lived up to Bart's dream of being a fitness influencer he did he really did he didn't know that Bart did any comedy or anything oh yeah yeah yeah yeah he didn't know anything about JK even the title was bodybuilder he went by the bit that I was saying the whole time here in JK dude nobody sees you as that ████ they all just sees a ████ like Fitness Guru no one sees you as a comedian Bart's like yeah right he's like Bart's like I'm silly I'm I dance sometimes when I Work It Out grab St is like you're like a bodybuilder guy what's up with that that's a title but the whole comments were like you know a lot of JK fans that also watch it they're like oh my God Steve's Fitness bodybuilding dying dude
3:20 they were laughing so ████ funny but you i' never seen that guyy all the blood rush out of his whole head yeah cuz he's a very responsible finan you troubled him dude he was like you're crazy yeah you you had him questioning his whole ████ life yeah I think the funny part about all that though is like we're not even understanding what kind of dangerous moves we're doing so we're just going by life like oh yeah it happened and they're like you ████ idiot how do you keep getting lucky you know true I think tax is also one of those things that you don't learn until it's too ████ tax tax can eat a dick bro that's such a catch 22 cuz I feel like when they teach you about it you're like get away from me you ████ loser so boring cuz they teach you how to pay them cuz I feel like they teach you like what like like senior year right like an econ or whatever yeah they're just
4:10 teaching you how to pay them and file them that's different and then later on you're like oh ████ I think I should have paid attention or something they don't teach you how to come out on top of it though they just teach you how to comply well most people don't ever have to learn about it right cuz then you're if you're just like if yeah if you're on a W2 then everything is taken care of for you your taxes get paid first so then you never have to think about it or worry about but you can still you can still play the game though yeah you can still play the game as a W2 employee and figure out how to maximize either your savings or your refunds or just whatever the ████ like programs and stuff like or like if you become a homeowner or yeah or like your 401k like I found out ████ like way later on your retirement like let's say you have hell of money in there I think in the state of California you can pull it out and use it
5:00 for I think up to 60 days and then as long as you put it back in um you won't get penalized for it so you're loaning your own money yeah so there's just like ████ like that there's like so many loopholes that we just don't even know how to take advantage of so if you had a four Shir deal and like let's you had 500 G's or something in your in your uh retirement and you needed to do something like you could potentially use that and then if you KNE you're going to flip it within 60 days and you just put the money back in and still come up and there's just so much ████ and then if you also know that too just knowing that hey if you like work at a certain job where your employer will match your 401k uh contributions then just being like max out your contribution somebody's willing to Max it out with you you know what I'm saying because it's not like locked in there you could still leverage it you can still borrow against it or you still access it for a penalty but somebody else is paying just as much as
5:50 you are it's like how do you take advantage of that nobody sits to you down and like make sure you do this because that's the right answer there are right answers to that financial literacy you know that's true but but you don't ████ know that until it's like somebody your buddy's been doing it for like 10 years it's not sexy until you hit the roadblock and you need that information Finance if finances and ████ and taxes and all that it was like skateboarding you have to break your arm before you do the first move yeah what was an AA moment for you a aha moment yeah the first one was uh I think when me and Joe first formed the LLC mhm and uh so our financial advisor is like our is on Joe's side of the family and he was like we're like oh so when do we need to like create like a legit entity to do whatever and then he was like in the state of California he goes um you
6:42 technically don't have to until I think he said it was like 70k or something at that time and they're like okay for sure we make way under that right now and then he was like but even if you do make past that since you guys don't make actual like materials like like clothing or whatever like the chances of someone suing you is very very low cuz you're making comedy like so it's not like they can like buy something and get a crazy skin rash he was like there's you probably don't necessarily have to pay this uh incorporation fee until way later on and that was the first big mind-blowing um moment because it wasn't about what is the law it's more so about how do you like mitigate risk and how do you play this game cuz he's like technically if you made 100 GS a year you should file LLC but the point of the LLC is to protect you but if you don't
7:33 need protection then why would you do it and it was just like a way a completely way different way of thinking that I was like what the ████ yeah and that kind of opened up like the the like rabbit hole of like okay so if there's that then what else and what else and what else yeah yeah I remember like maybe like N9 years ago or some ████ like that I remember thinking like I had a good year and I was like dude I made like 75 grand this year from work or whatever right right and then I had no I didn't have a personal LLC I didn't have like any financial literacy with taxes and stuff like that I wasn't working with the CPA specifically I was kind of just like figuring out how to file stuff myself with little ████ reimbursement sheets that you find on Google and whatnot right and then I had I owed the ████ IRS like 30 grand but I didn't know how to like attack that and the crazy when
8:23 you feel like you're like oh I had like my best financial year I earned this because like I worked my ass off and then everything that you card to save for that entire year Suddenly by April you're paying it off and borrowing money to pay the rest oh my God you get so like f the man yeah that I I remember the next like week here's the funny thing on the one hand I started like youtubing and understanding as much I could learning as much about finances and tax as possible and on the other hand I like in order to F the man I was like ████ only streaming movies and not paying the be just downloading torent and ████ anything at a time you know what I'm saying just like that feeling of like man ████ it like if I'm going to lose money you're going to lose money I feel like the first time we had to pay like six figures in taxes that's
9:14 when I started looking at the city and going like why is there a ████ crack on this road yeah I'm all like why is why are you guys mismanaging funds and then I got more and more angry when I saw news about like they're about to build this ████ train and never happened and then you start seeing like people getting in trouble for corruption this guy was mismanaging funds this politician was buying a ████ Lamborghini and then that ████ started pissing me off cuz it felt like why are we paying all this tax money when these guys are just stealing it yeah and then they're not even helping like if I saw our communities like thriving you know poor people are like being helped out you see people all having a quality of Education healthare all that then I'm like yeah like I can see see how this is going somewhere and it's helping the society but I don't see it like
10:04 everywhere we're looking it's like that ████ light needs to be replaced man it hasn't been working in like 10 years or like I don't know it just it just feels like where's the money going yeah and then they need more and more money and I'm like why and they always raised funds for the Department of of Education in California yeah and they always have the worst scores so it's like but if we only we had more money and like I feel bad for the teachers I know the teachers need more money do I think that but if you ever talk to one you know they do and they're not the ones getting paid though correct the Department of Education is so ████ like corrupt as ████ that's the thing I learned the most cuz I have some family Who's involved in that stuff it's like wild even in the good school districts even like the rich school districts these people aren't getting paid enough and then you find out more about how the racket works like you know governments they get the it they have this use it or lose it funding
10:55 mentality right so like let's say you get a budget of like $100,000 and then you would think you get rewarded for going hey we only spent 30,000 this year so we actually have a a surplus in the budget for another 70,000 but if you do that oh well you only need to operate with $330,000 we're only going to give you $30,000 next year so for them to keep getting that $100,000 they have to spend it all so what they'll do is they're like well what do we need to spend on all those chairs look old let's just put them to the side we're buying a whole new set we need new this we need new that and you would hope that they use it on the infrastructure but most of it is like stupid ass things it's no different than having your own business too because that was one of the I think for me biggest shock it's like if I don't spend this money it's gone so then it's like okay what do I need I need I guess I need more cameras I guess I need
11:45 new sound equipment new whatever the ████ and in the meantime I could have used that to hire people to grow my business but there's no incentive for that like the the the realest incentive I could get is just buying more ████ from my business spend money to save money it's so wild yeah it's pretty crazy but yeah I think that those are the things I I wish I ████ knew way earlier another thing would be Health um a lot of the stuff there's just a lot of misinformation out there and then also we learn now that like a lot of the governing agencies were just marketing arms of a lot of businesses you know oh like the food pyramid and ████ anti- red meat propaganda right cuz they were distracting from sugar cuz big sugar was actually ████ up big sugar sounds funny like that crazy to me that big milk was the person of the food pyramid
12:36 big grain they're still going they still going strong milk is like signing influencers and ████ dude they got what's her name that act the poor actress the poor actress is just like I F my baby milk and then everyone's like yeah ████ you you ████ cut you ████ cut oh it just happened I can't remember the I want to be a milk influenc I'll promote Fair life I like Fair life oh dude hook us up fair life isn't that like super protein milk oh yeah that's the best nothing with gas baby who that Sally Field can I uh can I give a hot take something completely different heck yeah hot take all right um I think when I was younger I thought sex was such a big deal it is what are you talking about never mind then what the fck but continue how hot is that take but just the idea that like you
13:27 know by the time you're an adult adult like really an adult or you've been around the block and you're just kind of oh like girls wanted just as much or like at the end of the day like it's something that like was a big deal to you like at like a week later maybe they're not even thinking about it at all blah blah blah it's so casual for the rest of the ████ world but you make it such a big deal in your head when you're younger and I feel like that stopped me from experiencing so many different fun situations that you would never allow yourself to experience as an adult later anyway so like should have had way more sex dude yeah we should have just had way more sex 100% my body counts so low cuz of this propaganda ████ it's so ████ low I think about it every day I big milk big milk I think when you were younger though it's so hard to get that you would ████ do you would stay up till the middle of the night all right that's
14:18 it it's 2:00 we're going to go sneak out whatever you would go through and all ████ the back of a car like whatever now I'm just like I'm too tired to go hook up sounds exhausting know like I think the older you get you're just like I don't want to ████ ████ ████ in a car so when I ████ in a car right I'm 6'4 and A2 my a Mini Cooper my knee hits the belt buckle the ████ thing and and I got to get over here and then like you know my leg's falling asleep and I'm like this is not fun yeah but when you're 19 you're just like I can't wait but there was something like magical about you know the the conquest for sex is such a thing that like gets romanticized and even like comically drawn up in like movies and ████ there is something funny about being with your boys and making a big deal out of it like and then they come back and you're
15:08 like did you do it and then you're like yes they did it and then everyone knows she's a ████ after that that's and that's the most satisfying part for us right it's the ████ sh that's the part that we like hey I wasn't talking about women we're still talking about financial literacy right yeah yeah yeah mostly he saved money high five he didn't have to take her to dinner cuz she's a real ████ real AR kind of girl AR kind of gal hey but 10 years too late though dude for real imagine we all got Bitcoin like 2014 I think about that ████ all the time did you have a ████ bunch of ethereum too 2012 I had my first 1.3 Bitcoin in 2012 suck my dick ████ I've been early to everything deal with it deal with it you you can't but you should you're such a wrestling heel I've I've always been early to all this deal with it you can't
15:58 though adopter oh you know what's what's one of the typical ones though that's like you find out too late and I think it works transitively on both sides is the point of view of your parent versus the point of view of the kid oh true like how your parents saw you and how when your parents realize how you saw them like it's true that comes pretty ████ late how how' it come to you it comes faster if your parents like speak ████ full English huh I bet who you met he resents you Steve dad spoke yelling by the way my dad spoke yelling actually I'm just hypothetically I'm just speaking openly just so you know so I got this care my dad spoke I'm going to take it out on my on on my mother that's what my dad spoke I mean like when when you're especially when you're a teenager like my teen years were pretty ████ bad and I was always just like like the wall of not
16:48 understanding why your parents are doing things you're just mad about it is like pretty strong and I think like once it breaks down it's like those years are over already anyway like I'm out of the house when I be became a parent I was like damn my parents are extra stupid cuz you're like this is easy what the ████ cuz I thought it would be one of those where like cuz like growing up like my parents would always tell me man once you have a kid you're going to understand where all this is coming from and then are Hicks and then when I got uh yeah and when I had when I had a kid like I understand the the impulsive and initial emotion but the execution I'm like damn you guys thought that would work huh you're a ████ idiot that's that's a good strategy I think that's crazy that's what's interesting about is like I didn't I don't think that my parents
17:38 were right the funny thing is like and now I just understand how they were wrong but then I let that uh reaction to their wrong decisions uh govern my decisions that I made as a youth which I think was the part that was ████ up like I could have just went my parents just don't you know they're they just don't understand it this particular way but I didn't have to overreact this is what productive people do I think cuz like you wouldn't have turned out the way you did if not for your parents very true not a chance and you Rose above a lot of things and like you never make excuses for anything I've never heard you make an excuse ever ever I've seen a lot of reasons why you maybe could use use excuses you don't like I think that you are just a productive person so you push through with like I'm b anyway ████ you and I think that that's because of your my parents and that's something I'm very grateful for actually they gave you the environment of trauma and for you to
18:28 resist just again yeah it's hard it's Lally it's a formative environment it's like dude the way stars are ████ made dude you know like it's productive as hell yeah but it's like now you were you know given those cards you were dealt those cards and then it's depending on you how how you play it so it's like if you didn't have those struggles then your characteristics would have been completely different that's what's funny it's like that's one thing that's almost meant to be too late like it's almost that's the point yeah the point is that you go oh ████ no way and some of us take much longer to learn than others I think and the only sacrifice is a good relationship with your parents yeah but that that s███'s always shaky though isn't it but it's a two-way street man I think like my mom had a lot of growth so she was a stubborn ████ ████ but I
19:19 think she came around and and and it's a it's a two-way street like both of us were like oh ████ okay let's talk about it you know cuz even until this day if I get a text from my mom and I see it just her name I'm like okay but let's get to like a really balanced place cuz I don't want to be my initial response MH and then like okay this is how this is how I can continue a healthy relationship but I wish it wasn't like that I wish it was like it could be I'm so grateful for all the things you taught me but all the things I am grateful for instead of paying it back to her I just try to give it to TAA that's the best though but I also like but then I also like feel like I'm not a good son cuz like I'm I'm not paying the love back to her either you know that mean she did a good job you're always in debt to her and you're doing good to her grand yeah that's true but also hate her guts yeah you don't really hate her not
20:09 exactly not hate hate you don't you don't isolate her or or you would she's I mean her I might even pick cilantro over her I don't know hey but I mean there are a lot of sons out there who love their mom and wouldn't buy a house for him that's true you you would do that there's also a lot of sons out there you do it with this face if it's far away yeah if it's far away I would I wouldn't buy her house in Vegas I buy her house ████ but you're you're still not completely removed from it you know what I mean like it's still there there's a million times I want to tell my dad how much I love him and how much I respect a lot of things about him and stuff like that but then I just think about all the times he hung up on me growing up I don't want to put myself out there and just get hung up on again but yeah dude your dad doesn't want to hear that ████ though as soon as you compliment him self-preservation yeah I just think about that all the time like oh but I be putting myself out there so much I know
20:59 I think the same thing like I think I'm about to tell my dad I love you and then I I hear him go okay like cuz that's how he would be I'd be like oh I love you Dad be like well okay Ryan must be gone that's my old man I I'd be calling I'm growing up like Hey Dad like there's a what's what's going on what's going on is this important uh you know okay got to go bye and it's like yeah yeah yeah we were so close right and he's like ████ kids man but that's but that's the thing the ability to laugh about it is something that I also wanted back then but I was only mad yeah and I think that's the part that was too and that's what this community group's about exactly yeah we share our trauma therapy dude JK news is ████ I think those tools would have been good at an early age like
21:49 processing information being able to understand how to control your emotions like normal ████ functions of like how do you like work this body yeah how do I make make it through life and ████ yeah mhm with as little scars as possible seeing the humor in all the ████ disasters is probably the greatest ████ it's a talent and skill and then but that only comes after you've already done all the incorrect ████ after you ████ up bu yeah yeah and it's toxic so well seeing it all is humorous humor yeah yeah that is true too what's toxic about it very toxic I heard about it oh is it is it cuz it's not an cuz you shouldn't joke about it it has misogynistic Roots I heard about but we're toxic allies it's different that's it there's probably white supremacy roots in there too adjacent tox Jason hey man toxic ooze is what
22:40 made the Ninja Turtles so count me out and Shredder though and Shredder and Shredder you piece of ████ you have it both ways razar and B bopping Rock Steady you ████ for
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