8/27/26 Your Money, Your Legacy & Our Local Heroes

The Moneywise Radio Show and Podcast Thursday, August 27th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www. MoneywiseGuys.com https://www.moneywiseguys.com/ facebook: Moneywise_Wealth_Management https://www.facebook.com/moneywiseguys/ LinkedIn: Moneywise_Wealth_Management https://www.linkedin.com/company/moneywise-wealth-management-bakersfield/ Guests: Wendy Porter, Executive Director for The Wounded Heroes Fund & Casey Schaubschlager, Director of Programs and Outreach for The Wounded Heroes Fund website: https://thewoundedheroesfund.com/ The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Casey Schaubschlager, Wendy Porter & The Wounded Heroes Fund are not affiliated with nor endorsed by LPL Financial or Moneywise Wealth Management].

• 0:00Speaker 00

  Live from the basement inside the historic Woolworth Building in downtown Bakersfield. Call or text in at 661-396-1000.

• 0:37Speaker 00

  Now, let's start the Money Wise Show.

• 0:40Speaker 01

  That's right, let's start the Money Wise Show. We are live from the basement of the historic Woolworth Building in downtown Bakersfield, home of the SP3 Drink at Reverb. We're going to continue to talk about it until it becomes a menu item. I'm your host today, Chris Pelster, with

• 1:01Speaker 02

  SP.

• 1:02Speaker 01

  Seth.

• 1:03Speaker 02

  Yes.

• 1:03Speaker 01

  Mr. Seth Perry. And over there behind the glass,

• 1:06Speaker 02

  The man, the myth.

• 1:07Speaker 01

  Mr. Stephen Nicholas, who keeps this whole show on the road. Thank you for joining us today. You can always join live. You might be listening to this a couple of days from now on podcast, which is how a lot of people listen. But our live listeners, we are proud to announce, we've had two live calls, so we love it.

• 1:23Speaker 02

  That's huge.

• 1:24Speaker 01

  Yeah, for the next hour, you are on News Talk 961, 1230 AM K E R N, and streaming live at MoneyWiseGuys.com. Check out our website. We're, you know, we're working on it, under construction, we're making some improvements. Check it out. You can stream live there, and you can always find the podcast at your favorite, your favorite app, or wherever you listen to those. So, but like I said, if you are listening live right now, in the middle of the day, on this beautiful, what is it, Thursday?

• 1:50Speaker 02

  It's actually a very nice day. I went and had to run some errands this morning. I'm heading in about 11 o'clock, and I got a few drops on the windshield.

• 1:56Speaker 01

  Yeah, that's what I said. I told my wife, I'm like, what in the world? I said 20% chance of rain tomorrow? I'm like, this is random. Like, it's been 115 all week.

• 2:04Speaker 02

  It's like a high of 89, man. This is cush. We're getting ready to get to the one month of really good weather.

• 2:08Speaker 00

  Yeah, I'll take it.

• 2:09Speaker 02

  We'll take it, man.

• 2:10Speaker 00

  We got lucky through June and July, so a little bit of sprinkling in August. What is going on?

• 2:15Speaker 02

  Does it feel like the year is two-thirds over? Because in a couple of days, it is, man.

• 2:18Speaker 00

  As soon as football starts, it's over.

• 2:20Speaker 02

  It's over.

• 2:21Speaker 00

  Yeah.

• 2:21Speaker 02

  What, so NFL kickoff, we're not worried about preseason, but two weeks, two weeks, on a Thursday?

• 2:27Speaker 00

  Yep. No, it's actually on a Wednesday this year.

• 2:29Speaker 02

  Is it really?

• 2:30Speaker 00

  Yeah, the Super Bowl, um, Super Bowl, which was the Patriots and Seahawks. They actually play Wednesday after Labor Day.

• 2:40Speaker 01

  And then how many, how many out-of-country games are going on? You see this?

• 2:44Speaker 00

  I believe it's eight or nine.

• 2:45Speaker 02

  Oh, boy.

• 2:46Speaker 01

  They're wanting to bring in that world, the world fans, the world crowd.

• 2:50Speaker 02

  The real football, some say. I'm not gonna go there, but some say the real football is with two O's.

• 2:55Speaker 00

  When it comes to the NFL, anyway, they can make money. They're gonna make money. I know the CEO, Roger Goodell, said that in the next five years, he wants to have a professional NFL team overseas.

• 3:09Speaker 02

  Hmm, that's interesting.

• 3:10Speaker 01

  Yeah.

• 3:11Speaker 02

  National, so it become, would it then become the International Football League? Because,

• 3:15Speaker 00

  We'll see.

• 3:16Speaker 02

  Right?

• 3:16Speaker 00

  Yeah. I mean, they've, they've tried the World League before.

• 3:19Speaker 02

  By NFL?

• 3:20Speaker 00

  It didn't work. So, we'll see.

• 3:23Speaker 02

  Wow.

• 3:23Speaker 01

  Yeah. Where, where, where, what's the, where, where do a lot of the Samoan players come from?

• 3:29Speaker 00

  Hawaii.

• 3:29Speaker 02

  Samoa.

• 3:30Speaker 01

  There we go. We need to have a, we need to have a team in Hawaii.

• 3:32Speaker 02

  They make really good chocolates, by the way.

• 3:34Speaker 01

  They just don't have a stadium.

• 3:35Speaker 02

  They make really good Girl Scout cookies over there.

• 3:38Speaker 00

  It was gonna get to chocolate.

• 3:39Speaker 01

  All right, let's get this thing on the track. Yeah, yeah, apologize for that little bit of a athletic break there for all you sports fans out there. We're still, you know, we used to be on ESPN's show, so now we're having to, you know, kind of regroup and everything. But we're gonna do what we do. You mentioned that the weather's getting better, which for Bakersfield, Kern County, that means it's gonna be fundraising season. There's a one, bunch of wonderful nonprofit organizations here in this town. I'm lucky enough to serve on a few boards. Love what we do here locally. I even get to serve on one that does well missions around the world, trying to bring fresh water to folks for a little perspective. But today, we are joined by one of the boards that I'm on, which is Wounded Heroes Fund,

• 4:21Speaker 01

  became near and dear to my heart because we unfortunately dealt with, um, uh, veteran issues. We had a, we had a Marine in our, in our family who came back from his service and struggled to find his way, and made a decision that some veterans make when they reach the end of maybe hope, or whatever. So maybe you know what I'm talking about there, PTSD, um, veteran suicide things. And so, Wounded Heroes Fund is trying to make a difference in our community for local veterans, local folks, uh, no matter when you served, but even for those coming back and getting back into the community and their families, uh, we want to be there to support them. So, Wendy Porter, uh, the director, is gonna be in here in a little bit. I believe we're gonna be joined by Casey, who's been on the

• 5:04Speaker 01

  show before. So we'll talk a little bit about that. And fundraising season's coming up. So golf tournaments are gonna start going off. Like we said, the one month that you can get out and play golf in this beautiful desert land that we live in.

• 5:16Speaker 02

  Best time of the year. Any takers out there that want to join me in that? Football's starting, basketball playoffs are around the corner, right? Or no, basketball season's getting, getting ready to start. Yes, that's it. Baseball's around the corner, and it cools off, and

• 5:30Speaker 00

  Right after the fair is my perfect season.

• 5:32Speaker 02

  Right?

• 5:33Speaker 00

  Right after the fair ends and it starts to cool down.

• 5:35Speaker 02

  That's what my, my grandma, uh, grew up in Shafter, and she would always tell us when we were little, when the fair starts, it's really hot, but by the time it ends, it's cooled off a little, and we've usually gotten our first rain during that time.

• 5:45Speaker 01

  There you go.

• 5:46Speaker 02

  I saw a calf be born. Have you guys ever done that?

• 5:49Speaker 01

  Uh, out at the fairgrounds, yes.

• 5:50Speaker 02

  Yes, it was, uh, uh, my son Beckham was quite young, maybe four or five.

• 5:55Speaker 01

  Was he just?

• 5:56Speaker 02

  Maybe it was Halle. I can't quite remember.

• 5:58Speaker 01

  Seen an alien?

• 5:59Speaker 02

  It was one of the two, and, and that led to some interesting discussions.

• 6:02Speaker 01

  Yeah.

• 6:02Speaker 02

  Yep.

• 6:03Speaker 01

  It's, it's pretty intense.

• 6:05Speaker 02

  It is.

• 6:05Speaker 01

  Yeah.

• 6:06Speaker 02

  Yeah, you just, just the physics of it all.

• 6:08Speaker 01

  Yeah.

• 6:09Speaker 02

  Cause it's a big calf.

• 6:10Speaker 01

  Yep.

• 6:10Speaker 02

  All right, so the market.

• 6:13Speaker 01

  So moving on, yes, we, we talk about finances on this show. We try to make everyone money-wise. We talk about the markets, try to break through the junk, um, digest it, make sure that we're not making irrational decisions based on headline news, because headlines are only meant to make you click on something, read something.

• 6:30Speaker 02

  Stir you up.

• 6:31Speaker 01

  So they can advertise to you. So we want our listeners to be money-wise. Uh, we want to try to help you make your wealth, your money work for you, um, and, and constantly improve your situation. So today, uh, the market is green on the screen. We have the S and P 500 at about six tenths of a percent increase there. Um, Dow is up about 0.2% and the NASDAQ is screaming, uh, up about 1.2%. Remember, the markets haven't closed today, so this is not closing numbers. But, um, uh, I know earlier this day, uh, earlier trading session today, Nvidia jumped up about 9%. I think I just looked, it's up about seven now. In the middle of the trading day here, Nvidia, obviously, most people have

• 7:14Speaker 01

  heard about. It has been on an absolute rampage over the last few years. And, uh, it's one of those stocks that everybody's kind of looking at to see where this whole chip manufacturing and data centers and all this stuff, you know, it's kind of like the barometer, the thermometer of, of, of this whole world. And so it was under pressure for the last couple of weeks. And today, uh, they made an announcement that made it jump up 9% at early trading.

• 7:40Speaker 02

  Big earnings.

• 7:41Speaker 01

  About 7% right now. So these are never, uh, suggestions to buy or sell, or whatever, with an individual stock. But obviously, some of these stocks, um, really make a big impact on kind of, you know, investors' sentiment and what, what's going on in that space. NASDAQ, we've always said, is the index that a lot of the tech-heavy companies trade on. So that's why you see NASDAQ overall is up 1.2% uh, right now in the middle of the trading day. So there's about another 45 minutes left there. Um, and what we always like to do is a little bit of perspective, just to kind of let you know where we're at. Back to the S and P 500, which is the 500 largest, uh, traded companies there on, uh, the exchange.

• 8:23Speaker 01

  Standard and Poor's has been around, that index has been around going all the way back to the Great Depression, and, uh, 80, 90, 95 years, I don't even know, but it is literally one of the things that, when people talk about the market averages X per year, they're typically referring to data that is being able to be looked at with the S and P 500. So over the last 12, uh, 12 months, the S and P 500 is up 19%. Year-to-date, the S and P 500 up, is up about 12 and a half percent. We just bring that perspective in the sense to let you know that, that the market has been trending upward for the last, man, 19,

• 9:02Speaker 01

  20, 22 months. Uh, year-to-date, it's up. Over the last 12 months, it's up 19%. So if the market pulls back pretty aggressively, and you haven't been paying attention, or you don't really have this perspective, and then all of a sudden, you're like, man, the stock market's down.

• 9:18Speaker 02

  The sky's falling.

• 9:19Speaker 01

  Yes, it feels like the sky's falling. And a lot of times, people will say, it feels like all the market does is lose. And that's because most people don't really pay attention, other than when it's big news about it going down. And it can, you can have this perspective that it does nothing but go down, or that kind of feels like your, um, your experience. And unfortunately, it's actually the opposite. Statistically, it's up most of the time. It's up 80% of the time. Even on a year-to-year basis, 12 months, there's a really high probability that if you put any money in the S and P 500, it's gonna be up at the end of the year.

• 9:52Speaker 02

  Yep.

• 9:53Speaker 01

  It's a very high probability. It's a very good risk. It's not, and people will compare it to gambling. It's not even close to the statistics of how we do when we gamble. And so unfortunately, people just don't understand that. Most of us only pay attention when it's the negative news and the bad news, and people are griping and complaining about their account being down, also not highlighting how much their account has maybe made. And I was talking about this-

• 10:15Speaker 02

  Income that it's generating. That's another thing that gets overlooked sometimes, too. You, you can have folks that are only looking at the unrealized gains, but if it's kicking off a, a big chunk of income, too, that's a big deal.

• 10:27Speaker 01

  You know, I, uh, I was talking about this with my wife and, and she obviously is, well, not obviously, but she is not interested in this stuff like I am because I do it for a living and I talk about it all the time. And so, man, the minute I start to talk about different stuff, sometimes the eyes gloss over and some of you guys might be out there like that. And you don't have to do this every single day to win with money. Just want to throw that out there. But I was talking to, uh, to her about it. And one of the things that's interesting is most people have no clue how much they've saved in their lifetime. How much money have you put into your 401k? How much money has your employer put into your 401k? How much money have you personally set into these different accounts? So unfortunately,

• 11:09Speaker 01

  what ends up happening is most of us tend to just stare at the account value.

• 11:14Speaker 02

  Yep.

• 11:14Speaker 01

  Which is important. I'm not discounting that. Obviously, your account value is very important. But when you have no clue about your basis or about how much am I saving each year? How much have I put in this over the last 10 years? When people say like, it seems like my advisor doesn't care if my account goes down. Well, it's because the perspective that I have, like, I literally have kept track of every dollar that has gone into every single one of me and my wife's retirement accounts since I started in this industry back when I was 23, 24 years old. And so, literally, I know exactly how much I've put in, how much my employers have put in and.

• 11:50Speaker 02

  You have it on a spreadsheet?

• 11:51Speaker 01

  I have it on a spreadsheet.

• 11:52Speaker 02

  Every dollar that went in.

• 11:52Speaker 01

  Yes, every single dollar.

• 11:54Speaker 02

  Yeah.

• 11:54Speaker 01

  So, yes, I don't like it when my account goes down. But when I have that perspective of how much I've put in and how much has been put in as a match, as a employee benefit, you know, employer benefit, it, it gives me a whole different emotional response when I see my account balance move around. And so, I don't discount anybody's feelings or I don't want to make you feel bad for having an emotional reaction. Because as our wealth grows, as our 401k amounts go up, as our accounts, you know, get to these bigger numbers, the same move that 20 years ago was $7,000 is now $70,000. And it has a big impact on us because we're sitting there going, hold on, 70,000 is a vehicle.

• 12:37Speaker 01

  70,000 is, I could have done this XYZ with it. And I get that emotional response. But it does give you a lot of perspective when you really start to understand some of the, the basics of your kind of your overall view and, and how much have I put into this? How much has been employer match? And obviously, the goal is the longer you do it, the further your account value goes away from what you've actually put into your account.

• 13:00Speaker 02

  Yep.

• 13:00Speaker 01

  That's compounding interest. And that's what we talk about a lot. That, when you, when you let it work over time for you, that is that you get that really good breath of fresh air. Because, man, I've only put in X and I'm at a much bigger number than that because I've let it work for me for all these years. And you may say, well, Chris, I don't have time. I don't have these many, many years and all that stuff. And it, it doesn't make it any less important. It just unfortunately, you're not going to get to participate with some of the, the real big impacts of planning for a long time, like compounding interest. But it's still better to have a little bit of growth or starting to participate a little bit in compounding than none at all.

• 13:40Speaker 02

  Exactly. And the longer you ignore it, it's like a, it's like a cat box. You know, the longer you wait to address it, it's just going to get worse and stink your butt. All you gotta do, change the cat box, get that fresh litter in there. And you need to do that with your retirement.

• 13:53Speaker 01

  Yeah.

• 13:53Speaker 02

  What I think of, Chris, while you're talking are, I, I thought of our family right now. We have a, uh, six and a nine-year-old boys, and we have a 17-year-old daughter, all in sports. And I just know that a lot of families make themselves too busy and that their finances simply just don't become a priority. But then if the market does take a hiccup, they see the balance, they get updated on their phone or whatever, and they start to panic. So make sure that you're taking a decent amount of time to go through your budget, work with an advisor. If you want to manage it yourself, go for it. But make sure that you're taking time out to really see where everything's at and, and educate yourself. And if you're, if you don't want to do it, your hands off, you want

• 14:35Speaker 02

  to pay someone, that's what we do. We educate our clients. We let them know about market cycles. We are the person that they call first if they get uncomfortable with what's going on and we talk to them about it. And it's never fun to see the market go down at all. But knowing that we have our clients in a well diversified portfolio, an all-weather portfolio, if you will, it's, it's a much easier conversation to have. And they've been prepared for it. Money Wise clients are prepared.

• 14:59Speaker 01

  Yeah. And I want to go back.

• 15:00Speaker 02

  They know it's coming.

• 15:01Speaker 01

  I want to go back to your, um, analysis of comparing it to the, the kitty box. Okay? There is nobody that is, can speak to a kitty box not being managed.

• 15:15Speaker 02

  So, we're, we're down to one. Um, are we going to go there? We're going to talk about what happened? Should I share it on air?

• 15:23Speaker 01

  No.

• 15:23Speaker 02

  Do you think that would upset my wife?

• 15:25Speaker 01

  Oh, no. No, no, no. Yeah, let's, cats are awesome. But usually you have like, we're cat people or we're not cat people. And there's not like a lot of gray area for folks. And I will say that, um, I grew up in a not cat family. And so, like, it was kind of funny, like, as I started to talk.

• 15:40Speaker 02

  That explains a lot, Chris.

• 15:41Speaker 01

  Yeah. I started to talk to people.

• 15:43Speaker 02

  Were you a dog guy?

• 15:43Speaker 01

  Yeah, I like, yeah, man's best friend.

• 15:47Speaker 02

  I'm like, uh, the Meet the Parents movie when, uh, when, when Robert De Niro talks about a cat, you know, cats aren't emotionally shallow like dogs. You have to earn their affection. You know, like, it's so true. When you get a cat, you know, our cat, he loves Beckham more than everybody. And he's always jumping up on Beckham. And it does hurt my feelings. So, just being real. If you have cats, you brought it up. If you have cats, get you a thing of pipe cleaners. And just get it, get 100 pipe cleaners for a couple bucks on Amazon. Twist them and, oh, man, they go crazy.

• 16:14Speaker 01

  There you go.

• 16:14Speaker 02

  Yeah.

• 16:15Speaker 01

  Yeah. So hopefully, that was a little bit of a, a, a good opener to the show to what's going on in the markets. And, uh, and Seth's got to bring in the, uh, you know, the cat things. But I think we have a little bit of time. Uh, we'll go ahead and skip the break. We'll, we'll go into a couple of questions that did come in because this one leads into such a great discussion. Um, it says, how difficult is it to change beneficiaries on my trust? So this enters the realm of this big fancy word called estate planning. Okay? And, uh, and it's a really fancy word, but estate planning literally is just making sure that any property that you own, any account that you have, any real estate that

• 16:56Speaker 01

  you own, you know, whatever it is, where does it go when you die? So.

• 17:02Speaker 02

  And you can have full control of that for not a lot of money.

• 17:05Speaker 01

  Right.

• 17:05Speaker 02

  It's not as difficult as many people make it out to be. But it is very important.

• 17:09Speaker 01

  Yep. We'll go into the most basic discussions later about different accounts and beneficiaries on those. But this question, this question talks about a trust. So just real basically, we'll talk about a living trust. A living trust is a way that you can pass on real estate and certain accounts or monies directly to your beneficiaries without it having to go through a process called probate. There's a probate court that things will go through if beneficiaries aren't attached to things like real estate or non-qualified accounts, monies, those kinds of things. It's a lengthy process. It's a public process.

• 17:47Speaker 02

  Nine to 18 months.

• 17:48Speaker 01

  And it can be, it can be expensive.

• 17:50Speaker 02

  Four to 8% is what most folks in Bakersfield are paying in attorney's fees to settle an estate through probate. And it's taking nine to 18 months.

• 17:59Speaker 01

  So, yes, so if we can avoid probate, that is goal number one with the fancy word estate planning. So in here, somebody's saying, hey, I have a trust. How do I change my beneficiaries on it? So when you set up your trust, you're basically starting, uh, you know, the way I've explained it, or the way I've kind of heard it explained, it's, it's like a power of attorney. It's, you're identifying who can help you take care of your stuff in certain circumstances, whether it be incapacitation, or even in the end, death. And that's why you set up this trust is who's going to take care of things if I can't take care of it myself? And who's going to take care of it if I pass away? Okay? And people say, well, why?

• 18:40Speaker 02

  Or become incapacitated, which is so important. A will doesn't do that. You have to have that in a trust.

• 18:46Speaker 01

  Yep. So anyways, you identify then who your beneficiaries are. Things that I own, accounts that I have, the real estate that I own, who does it go to if I was to pass away? Uh, so you set it all up, you put your beneficiaries on your living trust. This is who gets my stuff. This is how I want it handled. And then now something has changed or happened, and you want to change your beneficiaries. Well, typically, when you have a trust established, you don't have to start a whole new trust or do anything like that. It's handled with what's called an amendment.

• 19:17Speaker 02

  Yep.

• 19:17Speaker 01

  You just add an amendment to your existing living trust. You say, instead of this person or that person. And sometimes amendments can be as simple as, uh, a daughter gets married and her last name changes. So we change it. You, you amend it to where her, her name is what her accurate name is.

• 19:36Speaker 02

  Another child is born and they need to be added to it.

• 19:38Speaker 01

  Correct. Yep. So just simple amendments can change things like beneficiaries on your trust. Uh, it's, it's good that if you do this, you also identify, like I said earlier, who takes care of things if something happens to me? So this is going to be the trustee that takes over executor that takes over successor trustee that takes over if both the people or if it's only a solo trust. So it's only one person or if it's two people, those are the granters. That's a fancy word. That's who started it. It if they both die or the single person that started this trust dies, the successor trustee takes over. So if you do change your beneficiaries, if you make some updates to it, whoever you identified as

• 20:23Speaker 01

  your successor trustee, it would be good to talk to them every once in a while and say, hey, I added an amendment. This is where you find it. And if you are somebody who has been identified as a successor trustee, um, somebody may have called one time and said, Hey, I'm going to put you a successor trustee. And you're like, okay, whatever. I, I, I want to encourage folks to understand that it's actually a pretty serious role.

• 20:46Speaker 02

  Very serious.

• 20:46Speaker 01

  There's some responsibilities. I don't think, you know, don't be scared like you're going to get majorly in trouble and stuff, but you could, you could get drug into a legal thing between the beneficiaries. If you yourself are not a beneficiary, or if you are the one sibling that's been put in charge of it, you could get in the middle of something that could be very hairy and messy. And so what I would say is you do want to have meetings. If you know that I'm the successor trustee on my parents or on our friends, uh, stuff and this and that, you should have semi regular discussions. Has anything been updated? Has anything changed? Have you added any amendments? Um, you do want to address that. You don't want to be the successor trustee on somebody else's

• 21:31Speaker 01

  trust and then find out, okay, they've passed away. And now you're just now going, okay, what in the world is this? And what do I do? You want to learn beforehand. And this is one effort that we've really been making as wealth managers, as financial advisors, working with our wonderful clients. We've been doing it long enough that we have lots of folks that are now entering some of these different phases of life, including the end of plan, as some of our financial planning software calls it. Um, even if you have a trust in place, if it's not communicated and understood and, and it's not clear where's it at, what do I do?

• 22:05Speaker 02

  And keep all of your documents together. If you have done an amendment, or even what's called a reinstatement, a reinstatement is when you keep the name of the trust, but everything inside of it changes. Any of those changes, keep them all together. Let your family know where it is. Make it part of what we would call, and we're going to brand this term, the money wise annual checkup. Make sure that you're, uh, you'll review your trust at least once a year. Check your beneficiaries annually. That's one of the first things we do with clients.

• 22:32Speaker 01

  Yeah.

• 22:32Speaker 02

  Anything can happen. Anything can change. Hey, check your beneficiaries.

• 22:35Speaker 01

  Yeah.

• 22:36Speaker 02

  I can speak from experience on that. I was married once before, heck of a long time ago, and worked at a great company called Halliburton, got remarried to my beautiful current wife Haley, going on 17 years, something like that, I guess. And I never changed beneficiary on that, uh, 401k over there at Halliburton. So that's a legal contract. So had something happened to me, the former wife would have received that money. So this is real life, man. Make sure if you have blended families, you're checking up on these things regularly.

• 23:05Speaker 01

  Yep. But just to go through the, the checklist of like, if you do have a, a, a normal living trust, it's a, it's a revocable trust, which means things can be changed while it's in place. That's why you can change beneficiaries. So you do have to change what kind of, uh, or, or check to make sure what kind of trust this is, but check the original agreement. Okay. Draft the formal amendment, sign and notarize it, notify the trustee. That's kind of the steps to updating a beneficiary on a trust.

• 23:33Speaker 02

  We talked, we talked yesterday about the silent generation is, is the, uh, the term for those that are in their eighties or nineties right now. And one of the, where that comes from is they just, that generation tended to not talk about a lot. But then the baby boomers generation, uh, which are like kind of our parents' generation, they're, they're doing a much better job of communicating these things to their kids, talking about the money, talking about what would happen, where things are located. And it's just very, very wise, very valuable.

• 24:01Speaker 01

  Uh, and then what we did mention, and you mentioned a little bit, your own personal situation, estate planning, or you may think like, I don't have an estate. That's a really fancy word. You, you, if you own a home.

• 24:11Speaker 02

  If you own a real property like a home.

• 24:12Speaker 01

  Own a home, you own your home. That's number one. But all your other accounts, many of them will allow you to name beneficiaries on those accounts directly. So it will go to who you want it to directly. Do that. Also name backup designation. So if something happens to the first designation, it goes to the second designation. Make sure you put, that's also called contingent beneficiaries on any accounts you can. So, uh, thank you for listening to our little trust discussion. Make sure you got your beneficiaries in order. When we come back, we are going to sit down with Wounded Heroes Fund. We'll be right back.

• 25:33Speaker 01

  All right. Welcome back. We are in here chit chatting and cutting it up. Seth is amazed at some technology that I'll talk about here in a second. Welcome to the Money Wise Show. I'm your host, Chris Pelster with Mr. Seth Perry, who's in amazement over there. So hopefully we can pull him back.

• 25:48Speaker 02

  That was a first. So wow. So explain a little bit about what I just tried out here.

• 25:54Speaker 01

  Let's introduce our guests.

• 25:55Speaker 02

  Oh, wow. I just wanted to jump in. I was so amazed.

• 25:58Speaker 01

  We have the director, Ms. Wendy Porter. I think you've been on before.

• 26:02Speaker 03

  Yes, I have.

• 26:03Speaker 01

  Yes. And we have Casey, who's also joining. She's been on multiple times.

• 26:06Speaker 04

  Yeah. Thanks for having me again. Appreciate it.

• 26:08Speaker 01

  Yeah. And so we were passing around his glasses and checking them out. So before we jump into anything, so we cannot leave our, uh, you know, listeners on the edge of their seat, you were sharing some new, um, technology that you're enjoying. So why don't you share about those a little bit?

• 26:24Speaker 04

  Oh yeah. Um, so I'm hearing impaired from a injury over in Iraq. And I have these glasses. They're called even realities. Um, they're first gen. Be nice to get the second gen, but, uh, they do a lot of things, but I mostly use them for closed captioning and it picks up via phone or on the glasses themselves and, uh, they'll transcribe everything. Um, also you can type out like a, like a, um, like a stage thing, like if a prompt and you can upload it and it'll, you know, like a speech and things. And then it translates different languages too. So if you spoke Spanish or German, I, I click on that and it'll translate your German to English.

• 27:00Speaker 01

  Wow. Seriously.

• 27:00Speaker 04

  It has some navigation features, things like that. Yeah.

• 27:02Speaker 02

  I tried them on. And basically if, if you're trying to wonder, wait, what are they talking about? So when you put the glasses on, it's essentially transcribing the conversation.

• 27:11Speaker 03

  It's what everybody's saying around.

• 27:12Speaker 01

  It's Star Wars, right?

• 27:14Speaker 03

  Oh yeah.

• 27:15Speaker 01

  It's the Star Wars that's just going by your eyes and, and, uh, transcribing everything that's being said. So.

• 27:21Speaker 03

  The bad thing about it though, is for all these years, we've been able to, to give Casey bad times because we can talk smack behind his back.

• 27:28Speaker 01

  Yeah. I'm going to have to be careful now.

• 27:29Speaker 03

  Yeah. And now he will be able to read what we're actually saying behind his back. So it took all that fun out of that.

• 27:34Speaker 01

  He's going to be like in the other hallway in the other room. I heard that. You know? So dang it.

• 27:38Speaker 03

  I read that. I read that.

• 27:40Speaker 02

  Now, gosh darn it. I wear glasses. I'm back into contacts, but every now and again, you know, if you drop them or if you step on them, but have you had any stories? I mean, that is, do they have like a, are they made of titanium or something like?

• 27:52Speaker 04

  No, I'd, and they, there's a great warranty for them. Obviously it's overseas because some of the stuff here in these states are still in beta programs or they won't release things yet. But, um, I think Japan and, and everybody was, is very good about getting these out and get them to the folks, but they're super thick. You can actually put your prescription in them, um, if you want for a small fee for them. And, uh, they're really good about return policy if they break or anything. They, they're conscious of how, you know, people with eyeglasses. So yeah, it's a great, great deal.

• 28:21Speaker 01

  So before this, obviously, uh, you still communicated well and everything, but it was much more lip reading and stuff. So have you like already like really changed? Like, cause it has changed, like how you were communicating with people. You had to really make eye contact and make sure you were reading their, their mouths. I mean, so have you like made, noticed a major difference?

• 28:40Speaker 04

  It's it's hard to keep track. So you know, if if if I'm trying to be present in the moment and things and be there, it's hard to read, but I could put the captions on your face and look at you and I and just read them anyway, you know, and I could see. But it I use them a lot more because of my hearing impairment with, you know, telehealth and doing therapy and stuff like that. Captions aren't always the great. I want to make sure that I capture everything fully. So if I don't fully register, understand everything in in personal conversation, I can just glance real quick or scroll up and see real fast.

• 29:11Speaker 02

  How do you scroll?

• 29:12Speaker 04

  It does. It does help. So.

• 29:13Speaker 02

  I mean, you can literally scroll on your glasses?

• 29:16Speaker 04

  Yeah, there's there's two buttons back here that are touch on the behind the earpiece. And you can tap them or hold them down. And then you can move it back and forth and it'll do it. Or you could do it from the cell phone. I can just go back and look real fast.

• 29:27Speaker 01

  This technology, this is, this is, I love seeing.

• 29:30Speaker 02

  We're just at the dawn of the AI revolution.

• 29:32Speaker 03

  But this is the good side of AI, right?

• 29:34Speaker 01

  Yeah, for sure. Yeah. Yeah, it's, I mean, and that's what I say, even even some of like the AI that has helped us like be better financial advisors, because when like when you say be present, be in the moment. When you work with a lot of clients, and there's a lot of very important information that's being thrown at you when you're either meeting somebody new, or you're working with somebody and you're trying to get all this data down. I'm sitting here, a year ago, two years ago, I'm scribbling notes, and then, you know, like, making sure I get all that information. And, and now, we have note taking capabilities that will take every single thing that's being talked about. So so much more. Now, I can focus on making sure I'm asking good questions.

• 30:11Speaker 02

  Ask the right questions, yep.

• 30:12Speaker 01

  And I want to be listening to it. It's not that I can check out now because I know there's a note taker. I can be really in the moment, really asking good questions to clients and their concerns, and what's going on in their personal lives and all these different things. And it it does a really good job.

• 30:26Speaker 03

  So if you think you missed something, you have something to go and look back on. That's amazing. And we use it for our board meetings.

• 30:32Speaker 01

  Yes.

• 30:32Speaker 03

  And it's amazing. Sometimes it captures something you may not want.

• 30:35Speaker 02

  Oh, that's happened. If you forget to turn it off, and then, you know, Dustin Vdub comes in the office and tells a joke or something.

• 30:41Speaker 01

  That's when all of us, we all look at each other like, oh, yeah, note taker. But I mean, it's, it really is a game changer. And so I understand that we should be up, we should be cautiously optimistic. I think there's definitely some things that we need to talk about and some of these different things. And like, the one that we use is closed communication or whatever, you know, like, it's not like going out to the.

• 31:03Speaker 02

  It's encrypted, protected, 100%.

• 31:05Speaker 01

  But obviously, that's all of our concerns and all that stuff. So we have to make sure that we're using the good stuff. But but yeah, it allows even in a board meeting for you to be able to talk more openly and be there and do those things. And then it catches a lot of that information. And what we've always explained it as is, you go back and you look through your notes, and it's like watching a movie for the second time. There's like little things that you didn't notice. Or, oh, yeah, I forgot we even talked about that.

• 31:28Speaker 03

  And they put it in the bullet points of like, oh, that's all the crap I said I would do. I gotta do it now.

• 31:33Speaker 02

  Makes it nice.

• 31:34Speaker 01

  Accountability.

• 31:34Speaker 03

  Yeah, accountability, for sure.

• 31:36Speaker 01

  For us, it turns into tasks. So so Wendy, why don't you talk a little bit about Wounded Heroes Fund, the history, where it started, how it came about? Because, you know, the story is, it started in the kitchen.

• 31:48Speaker 03

  It did. It started in the kitchen. So about 17 years ago, we had some friends over for dinner. And my dad is a Vietnam veteran. And growing up with him was a rough thing to do. It was rough for my sister, my brother and sister and myself. And I just knew always in the back of my mind, I wanted to do something to help veterans and help the veterans' families. Because they sacrifice and and go right along on that pathway, you know, on that journey.

• 32:13Speaker 01

  Right.

• 32:14Speaker 03

  So 17 years ago, we had a group of friends over for dinner. And we said, hey, we want to do something for veterans. We're not quite sure, but we want to do something for veterans and their families. You guys want to help us out? Boom. That was the start of Wounded Heroes Fund at our kitchen table.

• 32:27Speaker 01

  Awesome. Awesome.

• 32:28Speaker 03

  Yeah.

• 32:29Speaker 01

  Yeah. And so then, fast forward, I don't know how many years later, Casey comes into the mix. And so it's kind of like a highlight story of what Wounded Heroes wants to do, and how they want to step in and different things. And I think the story of Casey, your experience with it is, is, is the, I guess, the hurdle that a lot of organizations that want to help, a lot of times, the people who need the help don't want it, or have unfortunately had bad experiences. And so maybe you can talk a little bit about Casey, how you got involved in your first experiences.

• 33:02Speaker 04

  Yeah, I think.

• 33:03Speaker 03

  You don't have to tell the whole story.

• 33:06Speaker 04

  Yeah, I think it's been about 15 years now that I've been a part of Wounded Heroes Fund, either on like a volunteer basis, or helping with programs and outreach and such. Obviously, since my new career change, I'm still there and present, but I'm in a different career in the therapy world, which which comes full circle anyway, that I wanted to do. But reverting back, yes, obviously, my transition was very, very difficult, like many other veterans that go through it. You know, being medically retired, in the hospital, kicking you out, you know, it's like, where do you start? Where do you go? Go back to home, homeless, at times, at risk. And yeah, and my cousin, one day thought, you know what? Let's just try a Veterans Day parade. You know, we didn't, we never wanted to. My

• 33:51Speaker 04

  cousin's a Marine here, too. And we never want to, we felt it wasn't for us. So we went one day. We were there, maybe like, 20 minutes. Like, you know, it's not for us. Let's just go back and have some beers or whatever. And we come down the street, and Wendy and the organization.

• 34:07Speaker 03

  Crazy blonde lady.

• 34:08Speaker 02

  Was drinking a beer.

• 34:09Speaker 04

  I don't know.

• 34:10Speaker 03

  Probably was.

• 34:11Speaker 04

  Yeah, she's on the sidewalk. And I haven't recovered fully from my injuries. It was a transition from like, okay, now the VA will take care of you, you know, and do all that. And.

• 34:19Speaker 03

  He was walking with two canes.

• 34:20Speaker 04

  I was awaiting, you know, further medical stuff. And Balboa was like, good luck. And she goes, hey, you look like somebody that we can help, kind of in a nutshell. And I pretty much turned around and told my now, you know, future boss, I didn't know then, pretty much the F off, you're just like everybody else. I think that was the direct like nomenclature.

• 34:40Speaker 02

  She has audio from that.

• 34:41Speaker 03

  That was before iPhones, darn it.

• 34:44Speaker 04

  But the but what alluded to that and the mindset of that is, you know, I went from, you know, being discarded from the military. I was a lifer. I didn't get out fully with the medical things that I needed to perspire. VA healthcare, you know how that works. Just being mad from that, you know, at risk homeless. I remember trying to work a job and getting off, going through the local hotel, up and down the floors, looking for plates of food people left out for the the food service to come around and get rid of, you know, like half a T bone steak or leftover, whatever. And I'm going from that, trying to find jobs and everything, and live the American dream, if you will, quote unquote, you know, with the girl I just met, trying to get a home, a job. And, you know, I went through multiple

• 35:25Speaker 04

  agencies, both here locally and in the state, or even some big national ones. And it was a lot of false promises. So that's where that context came from. I was very upset. And I just hated the world and wanted to disappear. And it turns out that she had somebody on her board. Great guy. He tracked me down, remember where I was?

• 35:44Speaker 03

  You know him.

• 35:46Speaker 04

  I was, I was like, back paying on my mortgage, like, two months. I didn't know how I was going to pay it, had no groceries. And he showed up after a couple of meetings. And I pretty much, well, my dad always told me, never turn down to free meal, right? So I'd meet with them, get a free meal, tell them to F off, same way, and just leave. But they had a job for me. I started next week, a check for my mortgage to cover it, and and groceries. So I was blown away.

• 36:10Speaker 01

  Yeah.

• 36:10Speaker 04

  So from that moment, I was like, well, it doesn't take much for me to learn and turn around, right? Take it as a learning moment. It's like, if they could do that for me, how many more veterans or families are in the same way I am? And then, just tried to be a part any way I could.

• 36:26Speaker 01

  Yeah.

• 36:27Speaker 04

  And then one day, in volunteering, one day, I was working at her husband's plant, and she came out. And I was dirty, covered head to toe in dirty oil, and pushing a whale barrel full of stuff, and just completed my my graduate. And she's like, hey, you want a job? We need help with, you know, starting programs and doing outreach. I'm like, yeah, I'm in. So that was the start of it. And we had a great run. And we're still running strong, despite COVID and everything we've been through, and ups and downs. And, you know, you ride the economic tidal wave, you know, it's, it is, it's nonprofit work, but it's fulfilling, no matter what we do or how we do it.

• 37:05Speaker 01

  Yep.

• 37:06Speaker 04

  If one veteran comes in, and we can help them, you know, mentally, peer to peer, with food, finances, anything, we're doing our job.

• 37:12Speaker 01

  Yeah.

• 37:13Speaker 04

  I'm very happy to be a part of that.

• 37:14Speaker 01

  Yeah. Yeah. And, you know, I think a lot of going back to still feeling the impacts from from COVID, there's a lot of nonprofit corporations that do great, wonderful work in our community. And everybody's kind of feeling the pinch. Our local community, obviously, things have changed with oil and energy, and some of these factors that are that are impacting everybody. But definitely, you know, very generous community, very thankful for everybody who's given and supported through the years and stuff like that. And so it's been neat to see that money get put to work. And like I said, I don't even know how long I've been on the board, but jumped in after going to actually, the event that's coming up.

• 37:51Speaker 03

  Yeah.

• 37:52Speaker 01

  Yeah, Evening with a Hero a few years ago, and kind of a few people that were on the board and involved, tapped me on the shoulder and talked a little bit about my situation and what we were dealing with. Jamie's brother, Travis Flynnakin, and the decision that he made. And so it kind of spilled into, we'll come find out what's going on, and trying to make a difference in that space, and for veterans that are struggling and stuff like that. So. Talk a little bit about Evening with a Hero. When did that become part of the fundraising efforts and how did that come to be?

• 38:25Speaker 03

  Yeah, I was trying to figure out. I think this is probably our 10th or 11th year doing this event. We started at a different venue. And then during COVID, things kind of got shaken up and our friend Brad offered his venue out in the middle of nowhere. So it was safe. So

• 38:42Speaker 01

  So if you've ever been to a horse ranch in the middle of nowhere, you know what we're talking about.

• 38:45Speaker 03

  Yes, exactly. So we just, yeah, we started doing it there. And it was really wanting to not have a speaker come up and speak at you, but really making it, try to feel more intimate and like you're sitting in a living room with somebody and asking questions and really getting the true story of their experiences, good, bad, and the ugly, right? And it's, it, you know, they sit up there with another person. They usually have a glass of whiskey and a cigar. And they just talk about their story. They just share their experiences and how it affected them, what they're doing now, since they're out of the military. And then afterwards, they go out and mingle and you can really be up close and touch them, talk to them. You know, we've had, you know, one of the guys from Benghazi, we've had, you

• 39:30Speaker 03

  know, we've had some really great special ops guys. We've had an interpreter from Vietnam era. Like, it's just been, it's really great to hear all the different stories. And they all speak that common language. And they're all there to help each other. But everybody's got a different journey on where they got to how they're, you know, or where they're at right now.

• 39:49Speaker 01

  Yeah. And it's called, we affectionately call it EWA, Evening with a Hero. And so it's coming up, what night again?

• 39:54Speaker 03

  October 10.

• 39:55Speaker 01

  October 10.

• 39:56Speaker 03

  October 10.

• 39:56Speaker 01

  Yep. And so we'll have the information that you can grab tickets or find out more information about sponsorships. If any of your companies want to get a table or get involved, there's some sponsorship levels. It is really a fun night. It's a little bit of a drive, but you can figure out a way to get out there. Definitely if you're going to enjoy some of the whiskey with the veterans.

• 40:12Speaker 03

  Uber does go out there.

• 40:13Speaker 01

  Yeah, there you go.

• 40:14Speaker 03

  Uber does go out there. We have a cigar lounge and yeah.

• 40:16Speaker 02

  Nice.

• 40:17Speaker 01

  Yeah, I mean, it's intense because you are hearing stories kind of behind the scenes. And, and, you know, that's when we talk about veterans coming back, they're different worlds.

• 40:27Speaker 03

  Correct.

• 40:27Speaker 01

  And you experience different things. And so that is kind of peeking into that. And I wouldn't say it's gruesome by any means, but, you know, rough around the edges. People have seen things.

• 40:36Speaker 03

  It's definitely 18 years and older.

• 40:38Speaker 01

  Yeah.

• 40:38Speaker 03

  Because you just never know. Sometimes guys that don't normally are not normally in that situation, and then they just feel the love. I mean, we are so veteran centered here. We love our veterans. They feel comfortable and they start telling stories, maybe that they've never shared before. And so they, they, they open themselves up and be vulnerable. And, and some of the things, maybe they aren't the prettiest of things to hear. But it's their reality. It's what they experienced when they were in Iraq or Afghanistan and what they deal with on a daily basis when they come home. So it, it's very powerful.

• 41:13Speaker 02

  They get to share the truth of their story and the truth is what sets you free.

• 41:16Speaker 03

  Correct.

• 41:16Speaker 02

  That's awesome.

• 41:17Speaker 03

  Yeah.

• 41:17Speaker 01

  So talk a little bit about the guests this year, because I am a board member. And I think we recently made a little curve, a little change.

• 41:25Speaker 03

  I made a 90 degree, yeah.

• 41:26Speaker 01

  So we have, we have a new special guest joining us.

• 41:30Speaker 03

  We do. Chris doesn't even know yet. So originally, Wounded Heroes Fund was going to be a one time event. And that was it. And then kind of got led down a path and realizing that veterans need help more than one time. And there's a lot more. So, and the, our special guest was actually the first veteran we ever helped.

• 41:52Speaker 01

  Wow.

• 41:53Speaker 03

  So 17 years ago, this was the first person that we helped. His name is Wesley Bariantos. He, when we met him, he was at Walter Reed recovering from, he's a double amputee, lost both of his legs in Iraq, three Purple Hearts, I think. So we literally took, raised money and took Bakersfield to him to hopefully bring him some comfort and then show off where he came from. So we had Mexicali, we had Cafe Med, we had DeWors, we had, gosh.

• 42:24Speaker 01

  Smith's Bakery.

• 42:25Speaker 03

  Smith's Bakery, like every, we had everything out there, the best of the best of Bakersfield. And everybody spent their own money to go. We had Mayor from Cafe Med, we had Sonny from, like, we had all, everybody there. We were in the middle of the Malone House, like cooking, cutting tortillas and frying chips. Like, it was just, it was an amazing experience. And we got to feed Wesley, all of the wounded warriors up there with him and the staff that were taking care of him. And we got to tour and just, it was amazing. And when we got back home, Wesley had just gotten married and had a baby. And so we were like, hey, we did it. We were awesome. That, you know, this was awesome. Hopefully he had a good impact on that. And then a few days later, after we got home, got a call from him that they had just had a baby and he needed some more help. So did, did some more stuff to

• 43:10Speaker 03

  help him out. And then we found out a few weeks later that his mom was in, getting ready to lose her home because she was a, is a beautician. And she had taken off a month or so of work to go be with her son. You know, as soon as she got that call, she flew to Iraq. And it's a proven fact that if they have loved ones there, it's going to help with their journey of healing. And so now they wanted to repossess and take her home because she couldn't make the house payment because she, you know, it was just unreal. So another mission for Wendy and Wounded Heroes Fund to go down. So Wesley really was the driving force behind Wounded Heroes Fund. And he and I traveled the journey

• 43:51Speaker 03

  of what veterans need and how we can feel it. Because as things were coming up, we were figuring out how to feel that for him. And then in the process of that, coming across other veterans that needed help. And so really without Wesley and the impact he had on me personally, in our family, but also the direction of Wounded Heroes, we wouldn't have Wounded Heroes Fund. He was really the driving force behind that.

• 44:15Speaker 01

  Yeah.

• 44:15Speaker 03

  And so I just thought, you know, probably in the last six or seven years, eight years, the people that have been supporting us are amazing, but have no idea who Wesley is. And how, what a force of impact he was on where we are today. So I reached out to him and I just thought, you know, we've really been focusing. Of course, everything we raise stays here locally and we talk about it all the time. I thought, you know what, these people that are supporting this local nonprofit don't even know the person that started this.

• 44:42Speaker 02

  Listener comment, such a great organization and sounds like a good time. Wes has such an incredible story. He spoke at my church a few weeks ago and was showing off his mechanical legs.

• 44:52Speaker 03

  Yes. He used to go to some of the schools. We would go to schools and do visits and oh my God, they would think he was a transformer and the, you know, bionic man. And he's just, he's got a great story. And, and then after, like what he does now is just amazing. And his motto is life over legs, you know, and he just, he's an amazing guy. And I just thought, you know what, this is a great opportunity to reintroduce him and the impact that he had on Wounded Heroes Fund.

• 45:20Speaker 01

  Yeah. So it really is a great night for any, like I said, companies that want to get behind a table or some sort of a level of support or just get out there. Even if you don't have a company or whatever, and you just want to go, you can buy tickets and they'll put you at a table with some other folks that are wanting to support the same cause that you are. So you'll maybe meet some great people. It's a fun, fun evening. There's musical guests are going to be there.

• 45:43Speaker 03

  Yes, we have Brent Cotton and The Outliers will be playing music before and after.

• 45:47Speaker 01

  Yep. And last year, there was a dance floor. I don't know if I set it on fire.

• 45:50Speaker 03

  You did. You, yeah.

• 45:53Speaker 01

  I mean, come on.

• 45:53Speaker 02

  Cutting a plank out there.

• 45:54Speaker 03

  You had a big presence and you were really out there.

• 45:56Speaker 01

  Yeah. Yeah. Joe Peters saying last year, I think he had a hard time concentrating because of this big guy that was making a fool of himself on the dance floor. But anyways, you know, have a good time. But the thing I was going to say also, another one of our fundraisers, also if you're more along the lines of golfing, is we do have a fundraiser that this year's in.

• 46:14Speaker 03

  April 16.

• 46:15Speaker 01

  April 16. So still some time for that one. But the reason I brought the golf tournament up is because there's a few fun things, which Casey's part of that. He bought, he bought a gun that shoots a ball. And that's a, that's a great time. But I believe, is it Wes's?

• 46:31Speaker 03

  It's Wesley's legs.

• 46:32Speaker 01

  So you, you get to actually putt with one of his legs.

• 46:35Speaker 02

  That is awesome.

• 46:35Speaker 03

  Yeah.

• 46:36Speaker 01

  And believe it or not, it's, it's pretty difficult to putt with it.

• 46:39Speaker 02

  Yep.

• 46:40Speaker 03

  You know, I love it too, because people ask, well, you know, whatever. I'm like, hey, you only, I only have one friend that lets me borrow his legs. Like, it's, you know, it's pretty.

• 46:47Speaker 02

  Literally, yeah.

• 46:47Speaker 01

  On the putt, but.

• 46:49Speaker 03

  No.

• 46:50Speaker 01

  This guy, this guy. A leg up. Okay. I'm slow, but I'm worth waiting on. I just saw that. SP Dad jokes. Get a leg up.

• 46:56Speaker 02

  I did want, I did want to mention another listener comment. It is going back a little bit about the glasses, but just real quick. That's amazing. What are the glasses called? Again, they are called Even Reality. Are they available for public or only prescription? Yes, they're available to the public and they're not as crazy expensive as I was thinking. And could be starting around $500 or $700 and obviously would go up from there. This listener says, we made jokes on the news a few weeks ago about that they're working on glasses that will do the same with dogs and cats. And I confirmed that, that is actual research they're doing.

• 47:29Speaker 03

  They're going to interpret what the dog is saying?

• 47:31Speaker 02

  Yes, to, to the owner. So there you have it. Just thought I'd sneak that in.

• 47:35Speaker 01

  Let's start with people first. I have a hard time with people. Earlier, we were talking about not being worried about AI, but now you're telling me it's going to read what my dog is saying? I don't know if I want to know.

• 47:45Speaker 02

  Yeah, I don't want to know what Loki thinks about me.

• 47:47Speaker 03

  I don't think so either. Yeah.

• 47:49Speaker 01

  Yeah. Well, thank you guys very much for, for joining us and, and educating our listeners.

• 47:54Speaker 02

  If they want to get involved.

• 47:55Speaker 03

  Yep. The woundedheroesfund.org.

• 47:57Speaker 01

  There you go.

• 47:58Speaker 02

  Awesome.

• 47:58Speaker 01

  Yeah. And so lots of great things to be involved in. But yeah, help us fill up Evening with a Hero. It's going to be a great time. I'm excited because I haven't met Wes.

• 48:06Speaker 03

  No.

• 48:07Speaker 01

  And I've been on the board for almost two years now, or maybe around two years. And so really, really excited about hearing his story live and on stage and then hit the dance floor. So if you want to see that, come join us. Thank you very much for making Money Wise what it is. Be smart, be safe, and be money wise.

• 48:32Speaker 05

  Securities offered through LPL Financial, member FINRA, SIPC. Investment advisory services offered through LPL Financial. LPL Financial and Money Wise Wealth Management are independently owned and operated.