On today's episode of Relatable, Allie's dad fills in for her to talk about the government shutdown and the non-essential employees that are still working. Allie talks about how important it is to remember that the government will get back to work once the shutdown is over.
00:13:52.440And what the Democrats want to do is continue those because those were supposed to be temporary and they were scheduled to end at the end of 2025.
00:15:10.060If you made between $62,000 and $78,000 a year, you paid 4%, which again, the maximum for somebody that made, say, $80,000, that would be, what, $3,200 a year?
00:15:22.200That would be somewhere around $200 or $300 a month, okay?
00:16:28.460It won't be certainly what probably you and I want, and it probably won't even be what Chuck Schumer totally wants.
00:16:34.880But they've got to figure out what people generally do in legislation like that is figure out a way where both of them can go back to their constituents and say they won, even if it's not the truth.
00:16:46.560They'll make it just enough so that they'll say, okay, well, we held firm or, hey, we got them to do this.
00:16:54.600I don't have any real inside information on that right now, but the people I'm talking to, I think that's the most likely scenario because nobody wants the government shutdown to continue as long as it's already continued.
00:17:09.280And hopefully when the Senate gets back into session tomorrow, they will have come up with a solution.
00:17:17.400Now, I know that they were off over the weekend, but I guarantee you they've been talking.
00:17:23.420There's been seven failed votes so far in the Senate.
00:17:27.260You've got to get to 60 in the Senate.
00:17:29.340And some people have said, well, why don't we put the nuclear option where you only have to have 51?
00:17:33.720I would disagree with that because here's what happens.
00:17:36.800I use the term sometimes that gun kicks just as hard as it shoots, meaning that sometimes when you do those things that seem good when you're in charge, you're not going to want those when the other side's in charge.
00:17:48.000Because when the other side's in charge, we want them to have to get 60 votes to pass some stuff that we don't like.
00:17:53.960So I would not put a nuclear option on this.
00:17:56.700Now, pretty interesting on all of this stuff, on this clean resolution and Chuck Schumer, you know, talking about we're not going to do it and all this type of stuff.
00:18:05.820But in 2013, in 2018, in 2019, in 2021, Chuck Schumer went before the Senate floor and on media and says, we have to pass a clean resolution.
00:18:18.720That's what we need to do to keep the government open.
00:18:21.180And then once we do that, we can talk about all these other things.
00:18:24.320Now, he's totally changed his tune, right?
00:18:27.220It's the hypocrisy of liberals that drives me the most crazy, is that they are just so hypocritical when it suits them to be.
00:18:41.060And we'll just have to see what happens.
00:18:49.620Everything will adjust as it has in the past.
00:18:54.660I do think that we'll come out of this with probably less federal employees.
00:18:58.480I do think some agencies will use this as a chance, as an opportunity to trim their staff some, which is a good thing.
00:19:05.820I always used to tell people, when you see companies that have a pretty good balance sheet and they're laying off people, that's a pretty good time to invest in their stock.
00:19:15.620Now, I'm not giving you personal investment advice.
00:19:17.520I'm just saying what I've looked at in the past.
00:19:20.260So that, because that means they're tightening the ship.
00:19:22.780And hopefully the federal government will do that as well.
00:19:25.740You're still going to get your Social Security check.
00:19:27.720You're still going to, if you're on Medicare, you're still going to get Medicare.
00:19:30.320If you're on Medicaid, you're still going to have your claims paid and what have you.
00:19:38.000Probably will not be exactly what any of us want, but they'll get it worked out.
00:19:41.320So that's another good reason, though, to talk about this real quick.
00:19:46.140Every one of us should have at least 90 days in reserve, 90 days of our expenses.
00:19:52.180So if your expenses are $3,000 a month, you should have at least $9,000 in savings in a money market type fund that you can access without any risk of the principal being lost.
00:20:05.320And no matter what you're doing, that should be the first savings you set aside.
00:20:09.820You build that $9,000 up if that's what your deal is, $3,000 a month, and don't do anything else until you do that.
00:20:19.360You know, I think that's very, very important.
00:20:22.140Now, do I think you should still give to your church and to charities?
00:20:28.340But before you do any other expenses, you need to be putting that money away so that you're ready in case something happens to your particular job,
00:20:36.560or maybe you work for the federal government, and, you know, you need to – there'll be another shutdown in the future.
00:21:41.760And that is because the ingredients in every single WeHeart Nutrition product is the most bioavailable form of it.
00:21:49.140So, your body is actually able to absorb the supplements that you're taking, and that can really make a huge positive difference in your health.
00:21:58.020If you need help with balancing hormones, they even have a wholesome balance product just for women to help you with that,
00:22:04.380whether you're in a postpartum period or whether you're struggling with PMS or whether you're going through menopause.
00:23:28.100We're having to record this a little bit early today, so all the hostage scenario and what's released and all that have not been totally done yet.
00:23:35.240It's supposed to be starting today, and I think it will be.
00:23:41.820There's somewhere, we don't know the exact number, between 20 and 40 hostages that Hamas has that are still alive that they're going to send back,
00:23:51.760and then also the remains of 28 people that have passed away.
00:23:55.440And then Israel is releasing 250 Palestinian prisoners that are serving a life sentence and 1,700 others that are detained.
00:24:19.000We're sending 200 of our troops to help coordinate to make sure this stays in place.
00:24:25.040Now, there's like a 20-point peace plan, and everything hasn't been totally agreed upon, but it seems like this is a really, really good start.
00:24:34.820There's going to be 170,000 tons, which I don't even know what that number comes to, 34-something, 34 million pounds or whatever that comes to,
00:24:48.660It's going to be coordinated by the U.N. so that it's not just taken over by some of the leaders in Gaza and used to keep their people at bay,
00:25:01.080because that's what's happened a lot of times.
00:25:02.580We've tried to send humanitarian aid in there, and then the terrorists and stuff have been the ones that have taken it, controlled it,
00:25:52.480And the reason I showed that is because of the work that President Trump and his team have done.
00:25:57.120One thing that's been a little bit underreported, I only saw it in one publication,
00:26:01.520is if you remember President Trump's son-in-law, Jared Kushner,
00:26:07.120that was very involved in the first Trump administration and actually set up the Abraham Accords,
00:26:12.660which was a relationship that America put together in the Middle East with some of the Middle East countries over there.
00:26:20.260He's been involved in the last few days with these negotiations and is obviously very talented at doing that.
00:26:26.860So I appreciate him as a fellow American that's willing to leave his private business for a while and get involved with this.
00:26:35.060And I think that's a really good thing.
00:26:38.220Now, one of the things that you have seen, heard, anyway, talked about in this is whether or not President Trump should get the Nobel Peace Prize for this.
00:26:50.660Well, if this thing goes through like it's scheduled to go through and everything is agreed upon,
00:47:04.780And it has the part that carries something.
00:47:07.960Well, obviously, the handle is held on to by someone who's leading the wagon.
00:47:14.480And can you imagine Allie Beth being on any other position than holding the handle and leading the wagon?
00:47:22.180All the people around here are shaking their heads saying, yeah, we understand that.
00:47:26.440And she's been that way since she was a little girl.
00:47:28.200But I just love that picture because it's just her as a sweet little one with her cousin and holding on to a radio flyer wagon that we've talked about so many times.
00:47:38.900But today's wisdom of the wagon is create your own opportunity.
00:47:45.280You know, a lot of people think, well, I didn't have this or I didn't get this or you were lucky or I wasn't fast enough to be in the NFL or I didn't, you know, hit the golf ball well enough to get on the PGA Tour or I didn't have a rich uncle or a rich daddy or something like that.
00:48:25.360And Andrew and I were sitting down for lunch because he asked me business questions on occasion, whatever.
00:48:31.260And Andrew has always had the desire to be an entrepreneur.
00:48:35.300He's been very successful in the regular business world working for huge Fortune 500 companies, but he's had that desire to, you know, to be his own boss, to own a company.
00:48:51.040And so he took a very bold step, and I'm not necessarily recommending it for all of you.
00:48:58.140He took a bold step and said, look, the only way I'm ever going to get there is I'm going to have to focus all of my attention on that for a period of time.
00:49:04.480And let's see what I can find that I can be an owner of, whether a part owner or a full owner of.
00:49:10.920And so he basically left his job, had saved up some money.
00:49:16.360So, you know, he didn't leave his family destitute because he's got a wife and three kids.
00:49:19.900And, you know, has spent the last year looking at businesses to buy.
00:49:39.140Another chapter in my book says take the next uncomfortable step.
00:49:42.340Well, that's uncomfortable, but you have to do that.
00:49:44.880You know, when my business got started, some of you might remember if you've read the book that I was in the investment business and we were going to manage money for small company retirement plans.
00:49:56.340Then I went out and met with this guy that worked for American Airlines and somebody gave me his name to call.
00:50:06.020So I went to visit with him and, you know, it wasn't kind of in my focus that I was focused on.
00:50:11.720And so I said, well, you know, yeah, I'll visit with you.
00:50:16.000We could help you with your money and what have you, an individual.
00:50:18.820But I was thinking about we're going to manage all this money for these companies.
00:50:22.640And this guy, we're finishing up the meeting.
00:50:25.320And just as we're leaving, just as I'm getting ready to leave the meeting, it's a Friday afternoon.
00:50:29.160I'm ready to get out of there and get home.
00:50:31.760He goes to the back of his house and he brings me out a list of 1,500 other guys just like him that all had over a million dollars to invest.
00:50:40.340And I knew exactly then what I was going to be doing for the rest of my business life.
00:51:06.620But don't depend on somebody else to get that.
00:51:10.040I even think about Allie Beth, okay, as I finish up.
00:51:13.420The way Allie Beth got involved in all of this speaking and podcast and writing books, I mean, again, she's always been interested in communicating.
00:51:24.240She's always been a great communicator.
00:51:26.940And, in fact, where she went to college, the valedictorian doesn't speak.
00:51:31.180They have a contest for who's going to speak at the graduation.